Full text of Survey of Current Business : February 1966
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FEBRUARY 1966 / VOLUME 46 NUMBER OF CONTENTS .U.S. Department of C®mtnei*ee Summary 1 John T. Connor / Secretary Federal Programs for Fiscal 1967 4 Growth Patterns in Employment by County, 1940-1950 and 1950-1960 Andrew F. Brimmer / Assistant Secretary for Economic Affairs 9 National Income and Product Tables— Quarterly 14 Historical, Revised Basis 18 Revised Estimates of Retail Sales and Inventories Morris R* Goldman Louis J. Paradise Associate Directors 20 Murray F. Foss / Editor Office of Business Economies George Jaszi / Director Leo V. Barry, Jr. / Statistics Editor BiUy Jo Hurley / Graphics TO Business Review and Feature: David R. Hull, Jr. Francis L. Hirt CURRENT BUSINESS STATISTICS General S1-S24 Industry S24-S40 Subject Index (Inside Back Cover) Articles: Charles A. Waite Walter J. Chilman Lowell D. Ashby Subscription prices, including weekly statistical supplements, are $6 a year for domestic and $9.75 for foreign mailing. Single issue 45 cents. 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Phoenix, Ariz,, 85025 230 N. First Ave. Ph. 261-3285. Pittsburgh, Fa., 15222 1000 Liherty Ave. Ph. 644-2850. Portland, Oreg.,-97204 217 Old U.S. Courthouse Bldg. Ph. 226-3361. Reno, Nev., 89502 300 Booth St, Ph. 784-5203. Richmond, Ya., 2324© • 2105 Federal Bldg. Ph. 649-3611. St. Louis, Mo., 63103 . , 2511 Federal Bldg. MA 2-4243. Salt Lake City,'tJtali, 84111 125 South State St. Ph. 524-5116. San Francisco, Calif., 94102 450 Golden Gate Ave. Ph. 556-5864. "Santuree, Fuerto Hie®, 00907 605 Condado Ave. Ph. 723-4640. Savannah, Ga«, 31402 235 0.S. Courthouse and P.O. Bldg. 232-4321. Seattle, Wash*, 98104 809 Federal Office Bldg. 583-5615. the BUSINESS SITUATION J_ HE new year has started off with employment, payrolls, and production increasing at a rapid pace. The chief stimulus to the advance in output is coming from the acceleration in the defense program and from further increases in plant and equipment investment. Consumer demand remains buoyant under the influence of rising income. The advance in production continues to expand labor requirements and to cut unemployment rolls; in January, the unemployment rate reached the administration's interim goal of 4 percent. Pressure on prices has been mlost noticeable in the farm sector. In financial markets, the de- mand for credit has been very active and the cost of borrowed funds has shown further sizable increases. The rise in durable goods production continues to exceed the overall advance in output. In January, the durable goods component of the Federal Reserve Board's index of industrial production showed another large increase, after seasonal adjustment, as output rose in a broad range of industries. The month before, new orders received by durable goods producers showed one of the largest monthly gains in 1965. Increases in new business were widespread and were especially large in primary metals and transportation equipment CHART 1 Average Weekly Hours of Production Workers in Manufacturing In early 1966, weekly hours in durable goods manufacturing substantially exceeded the earlier postwar peaks other than motor vehicles. Although shipments (seasonally adjusted) also rose substantially in December, the volume of new orders exceeded shipments in almost every major industry, and backlogs grew by more than $1 billion, continuing the pattern of large increases evident since last September. Upward revision in GNP The rise in business activity in January follows a fourth quarter increase in GNP that was even larger than had been indicated in the preliminary statistics published last month. According to estimates based on more complete data, GNP in the final quarter of 1965 was at a seasonally adjusted annual rate of $697 billion—a gain of $15.7 billion over the third quarter and an upward revision of some $2% billion over the preliminary fourth quarter figure. Most of the revision was attributable to a higher rate of inventory investment. This change and an upward revision in consumption expenditures, primarily in durable goods, were offset in part by somewhat lower estimates for Federal nondefense purchases and net exports. The revised GNP figures appear in the tables starting on page 14. Hours 43 Rise in inventory investment o January 38 M i I M i I i 1 1 l.i i j I 1,1 i I i i;i, h i l l - M i l H i I i t j .1 i i i I M i '.l.i n I I I i Li 1 1 I i I i I i l l 1950 1952 1954 1956 1958 1960 1962 1964 1966 Quarterly Seasonally Adjusted U.S. Department of Commerce, Office of Business Economics Data: BIS 66_2-i Investment in nonfarm inventories rose $2 Jbillion in the final quarter of 1965 to a seasonally adjusted annual rate of about $9 billion. The fourth quarter rate was about as high as the rate in the first quarter of 1965, when the economy was recovering from the strikes in the auto industry. Unlike the earlier period, however, the fourth quarter change in accumulation centered in nondurable goods, at both the manufacturing and the retail levels. 1 SURVEY OF CURRENT BUSINESS The accumulation of durable goods inventories was less in the final quarter than in the third, mainly because of the liquidation of steel inventories by metal fabricators. Personal income up in January Wage and salary disbursements increased $2 billion at a seasonally adjusted annual rate from December to January as a result of rising payrolls in manufacturing, private nonmanufacturing, and Government. The January advance did not match the very large monthly gains in the fourth quarter but was about the same as the full-year 1965 average. Proprietors7 and property income, as a group, rose $0.7 billion, and transfer payments increased $0.7 billion as a result of increases in Social Security and other kinds of transfers. All told, these types of personal income were up $3.4 billion in January. Total personal income, however, rose only $% billion because of an unusually large increase in personal contributions for social insurance, a component that is subtracted to arrive at .the personal income total. The step-up in personal contributions for social insurance reflected the statutory increases in employee contributions for social security, the increase in the social security tax base for wages and salaries from $4,800 to $6,600, and the employee portion of the new tax on payrolls for Medicare. All of these represent permanent increases in the level of personal contributions. Employment higher Last month's advance in payrolls reflected a seasonally adjusted rise in nonfarm employment and further increases in rates of pay. Employment in nonfarm establishments rose about % million over December, with the largest increases in durable goods manufacturing, retail trade, and State and local government; except for construction, which declined slightly, most other industry divisions showed small increases. Employment gains were widespread in durable goods manufacturing and were accompanied by a pickup in average weekly hours of work, which were higher than at any other time in the postwar period. In nondurable goods industries, employment was up only slightly and hours of work were a little lower. Rising employment in January brought another decrease in unemployment and the unemployment rate, after allowance for seasonal change. The number of persons out of wort declined to 3 million, and the unemployment rate fell to 4 percent, the lowest since early 1957. Interest rates increase The rise in business activity in January has continued to stimulate sizable demands for credit. Total commercial bank credit rose about $2% billion, after seasonal adjustment, in each month of the fourth quarter and advanced another $3 billion in January. The gains posted since last September have been about one-fifth greater than the average monthly increase for 1965, which was a record year for bank credit expansion. New business loans, which were unusually large last year, apparently declined less than seasonally this January. January, like December, was a month of widespread increases in interest rates. Three-month Treasury bill rates advanqed to nearly 4.6 percent in January, as compared with 4% percent in December and levels well under 4 percent throughout most of 1965. Rates on prime commercial paper and finance company paper exceeded 4.8 percent in January, up from 4.6 percent in December. The high level of rates in the current period was forcefully illustrated by the Treasury offering of new 5 percent and 4% percent medium-term notes in an exchange at the end of January. The former were the first Government issue to carry such a yield since October 1959. Long-term rates have also moved up considerably this winter. The average yield on long-term U.S. Government bonds was 4.43 percent in both December and January, and by the end of January had risen to 4.53 percent. These levels are considerably higher than those that prevailed in the summer and fall of last year. Yields on corporate bonds ha\e shown a generally similar movement. In early February, February 1966 the FHA raised the maximum permissible interest rate on insured home mortgages to 5K percent from 5% percent. Rise in farm and food prices The BLS wholesale price index showed a further increase in January, after a rather sizable gain in December. Prices for farm products and processed foods again led the advance with a rise of 1 percent over December; increases for a wide variety of industrial commodities raised the index of industrial prices. Among agricultural products, the prolonged upswing in cattle and hog prices extended through January. Vegetable prices also rose in January, and promised to show a further rise this month because of freezing weather in some important growing areas. Industrial commodity prices advanced 0.3 percent in January. The rapid turnaround in steel output this winter lifted demand for scrap metal and led to sharply higher quotations for iron and steel scrap. Prices of structural steel were increased at the beginning of the year but were offset in part by a cut in prices for steel sheets at west coast locations. Cattlehide prices continued to respond to the very high level of export demand, as well as increased domestic use. Other price advances occurred in nonferrous scrap, copper products, crude rubber, lumber, gypsum products, machinery, and manufactured animal feeds. CHART 2 Iron and Steel Production 1957-59 = 100 175 125 100 75 61 1962 1963 1964 Monthly Seasonally Adjusted U.S. Department of Commerce, Office of Business Economics 1965 1966 Data: FRB 66-2-2 SURVEY OF CURRENT BUSINESS February 1966 Consumer prices up in December taxes, began to move higher late in Consumer prices rose 0.4 percent in 1965 and showed another small rise in December with widespread increases in December. The new car component foods, nonfood commodities, and serv- of the CPI did not decline from Novemices. At 111.0 percent of the 1957-59 ber to December for the first time in a average, the Consumer Price Index was decade, while used car prices dropped 2 percent above the December 1964 somewhat less than seasonally. Prices level. The latest advance brought the for household durable goods, apparel, change from the third to the fourth footwear, and home heating oil showed quarter of 1965 to approximately small gains in December, after allowance for the usual seasonal movements. one-half of 1 percent. The long upward trend in service Retail food prices showed a substantial rise from November to Decem- prices continued in December and ber. Meat prices continued to move brought the increase for the quarter higher, vegetable prices edged up, and to three-fourths of 1 percent, the largest egg prices showed a very large increase; quarterly increase of the year. The these products accounted for most of rise over the third quarter was broadly the rise in the overall food index. If based. Transportation services showed allowance is made for seasonal move- the most substantial gain—nearly 1.2 ments, December food prices appear to percent; costs of household services have exceeded the peak reached last (other than rent) were up 1 percent, summer. However, because of de- and medical care and "other" services creases in the late summer and fall, each increased about 0.6 percent. seasonally adjusted prices for the fourth quarter as a whole were only 0.2 Recovery in Steel percent above the third quarter average, as compared with a 1-percent gain After a cutback that lasted 4 months in the third quarter and a 2 percent and brought production about onerise in the second. fourth below its early summer peak, Prices of nonfood commodities, which activity in steel mills has picked up apdeclined after the midyear cut in excise preciably since last November. Jan- zzn/rjn CHART, Steel consumption rises Foreign Trade in Steel Mill Products Excess of imports over exports at record high of 8 million tons in 1965; fourth quarter rate at 7 million tons Million Tons Million Tons 14 14 12 12 10 10 I 1947 1950 1955 1960 Annual 1965 1964 I I 1965 Quarterly at Annual Rates Not Seasonally Adjusted Data: Census U.S. Department of Commerce, Office of Business Economics uary operations yielded an output of about 10.6 million ingot tons, an increase of about 33 percent over the December total, after seasonal adjustment; reports for early February suggest a continuation of the upward trend. Since November, the advance in iron and steel output has so far amounted to well over 10 percent. It is interesting to note that after the cutbacks in mill operations that came in the wake of the labor contract settlements in 1962 and 1963, production remained on a plateau for several months before showing a noticeable pickup. The rise in output over the past 2 months or so has been mainly in response to the increase in new orders for steel, which have been advancing since early fall and which in December exceeded shipments for the first time in 10 months. Orders have been increasing because steel consumption is very strong, and orders are more in line with consumption now that a growing number of steel users have reduced their previously heavy steel inventories to desired levels. Mills are not only producing against these orders but are also building up their own rather depleted stocks in anticipation of a continued improvement in demand. Rising production in metal fabricating industries and expanding outlays for nonresidential construction have increased steel consumption. Prospects appear favorable for further advances in steel usage in the near term because business expenditures for new plant and equipment are scheduled to expand, defense requirements are rising, and the outlook for the automobile industry points to a continued high level of output. Last year, according to trade estimates, consumption of steel by all industries totaled a record 93 million tons. According to Census data, the use of steel in manufacturing alone was about 67 million tons; this was 10 percent more than in 1964 and the largest year-to-year gain in the 196165 expansion. Consumer stocks decline Manufacturing consumers have made very good progress in cutting down their (Continued on page 13) by CHARLES A. WAITE Federal Programs for Fiscal 1967 J\S reflected in the fiscal 1967 budget presented to Congress in January, Federal fiscal policy in the months ahead is not expected to provide further stimulus to a booming economy that is already feeling the impact of the Vietnam war. This is in contrast to the last 5 years, when fiscal policy was deliberately expansionary. The outlook in early 1966 is for rising defense outlays, strong investment demand, and continued buoyancy of consumer spending. Since the increase in military spending occurs at a time of high employment and high rates of capacity utilization, the budget calls for several measures designed to moderate the growth in the private sector. New tax proposals—such as the speedup in collections of corporate and individual income taxes and the temporary restoration of certain excise taxes—will boost revenues sharply in the period immediately ahead. On the expenditure side, the expansion of important new civilian programs has been slowed down, and older, lower priority activities have been reduced or eliminated. The budget estimates assume that GNP in calendar 1966 will total $722 billion, an increase of approximately 7 percent, somewhat less than the 1965 advance. Personal income is estimated at $567 billion, $36 billion more than in the previous year, while1 corporate profits before taxes are estimated to rise $5^ billion to $80 billion. The current fiscal program embodies a flexibility that reflects uncertainties about both defense requirements and private demand. If the pace of economic activity differs significantly from that currently expected, the administration may propose either more restrictive or more stimulative measures. If greater fiscal restraint is called for, the President has indicated that he will not hesitate to call for tax increases; the current proposals regarding personal and corporate taxes, it should be noted, temporarily accelerate tax payments, but do not change tax liabilities. On the other hand, an end to the Vietnam conflict could provide the opportunity for tax reduction or increased expenditures on many high priority Federal civilian programs now limited by defense needs. Gap between expenditures and receipts to narrow The movement toward a closer balance of receipts and expenditures from fiscal 1966 to fiscal 1967 is evident in the administrative and cash budgets as well CHART 4 Federal Fiscal Position on Three Accounting Bases* -4 -6 -8 -10 1962 1963 1964 1965 1966* 1967* FISCAL YEARS * Estimates from "The Budget of the United States for the Fiscal Year Ending June 30, 1967." U.S. Department of Commerce, Office of Business Economics 66-2-' as in the national income and product accounts (NIPA) budget; they are projected to move toward either a smaller deficit or a suiplus position. Expectations are for the deficit in the administrative budget to decline $4K billion to $1% billion and the NIPA deficit to drop $1% billion to $% billion; the cash budget is expected to shift from an estimated $7 billion deficit in 1966 to a $K billion surplus, the first cash surplus since fiscal 1960. Summary data for the three budgets are shown in table 1. Federal receipts are expected to expand rapidly under all three budget concepts. Administrative budget revenues are projected to rise by $11 billion, cash receipts from the public by more than $17 billion, and NIPA receipts by $13% billion. Revenues will increase more rapidly in the cash and NIPA budgets than in the administrative budget because the administrative budget excludes social security taxes, which were increased January 1, 1966, and are scheduled to rise further January 1, 1967. Cash receipts outpace NIPA revenues mainly because only the former are affected by the proposed acceleration of corporate tax payments. Expenditures rise in all three budgets. The administrative budget increases $6% billion; cash outlays $10 billion; and NIPA budget outlays $11% billion. The increase is greatest in the NIPA budget because it is not affected by financial transactions. A major increase in the sale of financial assets is an important factor in limiting the rise of expenditures in the other two budgets. Outlook for remainder of fiscal 1966 The NIPA budget receipts and expenditures by major component are February 1966 presented in table 2 for the fiscal years 1965-67 along with quarterly data for calendar 1965. Total receipts are projected to show a substantial increase in the first half of calendar 1966, reflecting chiefly the big jump in social security taxes that went into effect January 1. In addition, personal and corporate income taxes are expected to continue their uptrend, reflecting the anticipated growth in personal income and corporate profits. Indirect business taxes should fall sharply in the first quarter as a result of the second stage of the excise cut, but will rebound in the second quarter if Congress acts by April 1 to restore the cuts in automobile and telephone excise tax rates to preJanuaiy levels, as is assumed in the budget. On the expenditure side, the defense buildup is expected to proceed rapidly in the first half of 1966. New programs affecting education and poverty grants and personal transfers will also boost expenditures in this period. On balance, the expected increase in expenditures in the first 6 months of this year will not quite match the large revenue rise. Consequently, the deficit is expected to be reduced about $% billion below the rate in the last half of 1965. The Three Federal Budget Measures The three Federal budget measures differ in coverage, in timing, and in the treatment of financial transactions. The administrative budget, which serves as the basis of recommended legislative action, excludes trust fund operations, which have grown rapidly in recent years. Several important parts of the Government's program, such as social security, federally aided highways, and unemployment insurance are carried out through trust funds. The consolidated cash statement, or cash budget, includes the receipts and expenditures of trust funds as well as the general fund, and provides a more complete picture of the flow of cash transactions (excluding borrowing) between the Federal Government and the public. SUEVEY OF CURRENT BUSINESS The NIPA budget is generally considered to be best suited for analysis of fiscal policy. It counts most taxes as receipts when the liability is incurred rather than when the Government actually receives payment. On the expenditure side, the NIPA budget Table 1.—Federal Government Receipts and Expenditures, Fiscal 1965-67 receipts by $3.2 billion in fiscal 1967. For certain other sources of revenuesuch as personal income taxes and social insurance contributions—accruals would still exceed collections. However, because of the large speedup incorporate payments, the increase in cash receipts is expected to exceed the increase in NIPA receipts by about $4 billion in fiscal 1967. (Billion dollars) 1965 Actual 1966 1967 Estimate Estimate Administrative Budget : Receipts Expenditures Surplus (+) or deficit 93.1 96.5 100.0 106.4 111. 0 112. 8 -3.4 -6.4 —1.8 119.7 122.4 128.2 135.0 145. 5 145.0 -2.7 -6.9 +.5 119. 6 118.3 128.8 131.0 142.2 142.7 +1.2 -2.2 —.5 Cash Budget: Receipts Expenditures Surplus (+) or deficit National income and product account: Receipts Expenditures .... Surplus (+) or deficit ' Sources: "The Budget of the United States for Fiscal Year Ending June 30,1967," and U.S. Department of Commerce, Office of Business Economics. attempts to synchronize Federal purchases with the sales of other sectors of the economy. As a result, purchases of many goods, chiefly military hardware, are counted at the time of delivery rather than at the time of cash disbursement. Another major difference between the cash and the NIPA budgets is that the latter excludes loans and loan repayments. Lending transactions, like borrowing transactions, are excluded because they represent the exchange of one kind of financial instrument for another. Table 3 presents a detailed reconciliation of the three budgets. In years of rapidly rising incomes, tax collections normally lag behind accruals. However, the reverse is expected for fiscal 1967, principally because of the speedup of corporate tax collections. The President has proposed that corporations with tax liabilities of more than $100,000 go on a quarterly, pay-as-you-go basis in 1967, instead of in 1970, as called for in the Revenue Act of 1964. If enacted, this proposal would accelerate cash budget Net lending to decline The rise in cash budget expenditures, on the other hand, is expected to be $1% billion less than that in the NIPA budget from fiscal 1966 to fiscal 1967, as a consequence of the substantial reduction in net outlays of Federal lending programs. Financial transactions of this type decrease cash payments but have no effect on expenditures in the national income and product accounts. The projected drop in net lending is expected to be achieved by broadening the pool of Government loans for which "participation certificates" can be sold. In recent years, the Federal National Mortgage Association (FNMA) and the Veterans' Administration (VA) have pooled their CHART 5 Changes in Federal Government Receipts* -5 Billion $ Change 5 10 TOTAL Personal Taxes Corporate Profits Taxes Indirect Business faxes Contributions for Social Insurance * National Income and Product Accounts Basis U.S. Department of Commerce, Office of Business Economics Fiscal Years •J1966-67 1965-66 1964-65 15 SURVEY OF CURRENT BUSINESS 6 assets so that private investors could purchase certificates of participation in a portfolio of mortgages rather than having to buy individual mortgages. The current budget proposal asks Congress for authority to set up a new grouping of Government loans that would include those held by the Small Business Administration and the Farmers Home Administration; these loans could then be sold in a manner similar to those owned by FNMA and VA. In other programs—such as the student loan program—the Government is seeking to guarantee payment rather than making direct loans. In the defense area, it is expected that cash outlays will rise more rapidly than NIPA purchases in fiscal 1966 and 1967. Purchases of military hard goods in the NIPA budget are based on deliveries, which in a period of rapidly rising expenditures tend to lag considerably behind cash payments made for work in progress. In addition; projected increases in the sales of surplus materials from Federal stockpiles, netted against purchases in the NIPA budget, are generally treated as receipts in the cash budget. CHART 6 Changes in Federal Government Expenditures* -5 0 Billion $ Change 5 10 15 TOTAL Purchases of Goods and Services Transfer Payments Grants-in-Aid Fiscal Years • Net Interest * National Income and Product Accounts Basis U.S. Department of Commerce, Office of Business Economics 1966-67 1965-66 11964-65 February 1966 Table 2.—Federal Receipts and Expenditures in the National Income and Product Accounts, 1965-67 Fiscal year 1965 1966 Quarterly, seasonally adjusted at annual rates 1967 Actual Estimate Estimate 1965 I II III IV Federal Government receipts Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance _ 119. 6 51.2 27.0 16.8 24.6 128.8 54.8 29.3 15.9 28.8 142.2 60.5 31.1 16.5 34.1 123.7 53.5 27.7 17.7 24.7 124. 4 54.8 28.0 16.7 24.9 122.7 53.2 28.3 16.1 25.2 n.a. 54.0 n.a. 16.3 25.8 Federal Government expenditures Purchases of goods and services. _ National defense Other __. 118.3 64.5 48.8 15.7 131.0 70.7 53.0 17.7 142.7 74.4 56.5 17.9 120.1 64.9 48.8 16.1 120.6 65.7 49.2 16.5 125.6 66.5 49. 8 16.7 127.0 69. 2 52.0 17.2 30.3 28.2 2.1 10.9 8.6 34.2 32.0 2.2 12. 8 9.0 39. 2 37.0 2.2 14.7 9.7 31.2 29.2 2.0 10.8 8.6 30.6 28.2 2.4 11.0 8.7 34. 1 32.0 2.1 11. 7 8.8 32.5 30.3 2.1 12.0 8.9 4.7 4.6 4.5 4.5 4.4 -.5 3.6 3.8 -2.9 n.a. Transfer payments To persons __ _ Foreigners (net)___ _ _ _ __ _ Grants-in-aid to State and local governments. Net interest paidSubsidies less current surplus of government enterprises Surplus (+) or deficit (-) 4.1 +1.2 4.3 -2.2 Sources: "The Budget of the United States for the Fiscal Year Ending June 30, 1967," and U.S. Department of Commerce, Office of Business Economics. Fiscal 1967 Receipts Federal receipts in fiscal 1967 under the NIPA budget are estimated to exceed $142 billion—a record increase of $13K billion over expected fiscal 1966 revenues. Personal tax payments make up about $5K billion of the increase. The marked advance—from $531 billion to $567 billion—expected in personal income and an even faster rate of increase in tax liabilities, attributable largely to the shift of individuals to higher tax brackets, are the main reasons for the sharp rise. In. recent years, withholding rates have been uniform for all levels of income. In the new budget, the President has proposed to substitute six graduated withholding rates, ranging from 14 percent to 30 percent, for the present flat 14 percent rate. The new schedule, if adopted, would reduce the underwithholding that results in deferred payment of some taxes, notably for those persons with above average incomes, whose withheld taxes are often too small to match their tax liabilities. The proposal to graduate withholding rates would increase receipts about •$.% billion in fiscal 1967; withheld taxes would run about $1% billion higher and net final settlements approximately $% billion lower. Corporate profits before taxes are projected to rise to a record $80 billion in calendar 1966 according to the budget, an increase of $5 billion, as compared to a $10 billion rise last year. In line with the profit assumptions, corporate tax accruals are estimated to increase over $1% billion in fiscal 1967. Excise cuts deferred Indirect business tax accruals are estimated to rise more than $K billion in fiscal 1967, in contrast to the expected decline of nearly $1 billion from fiscal 1965 to fiscal 1966, when there were two large excise cuts. The fiscal 1967 projection,assumes that early in calendar 1966 the automobile and telephone and teletypewriter excise tax rates will be restored to levels in effect before January 1, 1966, and that the excise cuts on autos and telephone service originally scheduled for January 1, 1967, will be postponed for 2 years. In addition, increased user charges, principally on trucks and air travel, are proposed for fiscal 1967. Social insurance contributions are expected to rise over $5^4 billion in the next fiscal year. Fiscal 1967 is the first full year under the expanded tax base that became effective January 1, 1966, and will also reflect increases in social security tax rates effective January 1, 1966, and January 1, 1967. This year the combined employee-employer tax rate was raised from 7.25 percent to 8.4 percent and the wage base expanded SUKVEY OF CURRENT BUSINESS February 1966 from $4,800 to $6,600. Another in- Korean war period of 1950-53 when decrease in the tax rate, to 8.8 percent, fense purchases, starting from a much is scheduled for January 1, 1967. In lower level, increased $37 billion or addition, starting July 1, 1966, an from nearly 5 percent to 13K percent of estimated $K billion of contributions GNP. The Korean war followed a will be realized from voluntary pre- period of low defense spending, a conmiums paid by elderly persons who sequence of the rapid post- World War elect to join the supplementary medical II demobilization. Outlays for the insurance plan. The proposal to put Vietnam war, on the other hand, are the social security tax payments of the being superimposed upon much higher self-employed on a quarterly basis is levels of defense spending, so that acexpected to increase the level of both cording to present programs a relatively fiscal 1966 and 1967 revenues by $0.1 smaller buildup is in order to meet the billion. current emergency. Fiscal 1967 Expenditures Federal expenditures under the NTPA budget in fiscal 1967 are expected to rise $11% billion over the preceding year, or somewhat less than receipts. Expanding defense purchases, medicare payments, and education and poverty programs account for the bulk of the increase. Purchases of goods and services for national defense are projected at $56K billion in fiscal 1967—an increase of $3K billion over fiscal 1966 and nearly Personnel and maintenance costs rise According to present indications, the acceleration planned in defense spend- Table 3.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Budget (Fiscal years, billions of dollars) . 1965 $7% billion OVer fiscal 1965. The Sharp Administrative budget receipts. pius: Trust fund receipts Tn fo/»f • "Ho ' iniaCt, JJe- partment Of Defense expenditures ex- Equals: Federal receipts from the public 1QA7 i*7vj< . from mid-1962 into 1965. In that pe- i)Trict"^^ Other. Financial transactions Rising expenditures for the Vietnam conflict have changed the pattern of defense OUtlayS that Was maintained __ _ _ _ Miscellaneous............:................ P1U __ Nettmg differences§tTe?bUti°nS *° G°Vernment empl°yeeS retirement funds Were Stable Or declining. Administrative budget expenditures........... fiscal GNP. at about 7% percent of This is in sharp contrast to the Fiscal year Defense purchases (billions of dollars) Percent of GNP 1962. 1963. 1964. 1965. 50.5 50.4 51.0 9-3 8.8 8*! 1966 estimate. 1967 estimate.. 53.0 56.5 7.6 7.6 48.8 7.5 . ____..___ fund expenditures (including Government-sponsored enterprises, net)..-— Less: Intragovernmental transactions _ Debt issuance in lieu of checks and other adjustments. _____ Less. dov ^^^^ . .1 .1 ._„ . _ _ _ _ _ _ -.- .1 .1 Net purchase of foreign currency Timing differences: Checks outstanding and certain other accounts Miscellaneous . Plus: Netting differences: Contributions to Government employees retirement funds.. Other Timing differences Miscellaneous .__. _ _2.2 L ~2:? ? 119.6 128.8 142.2 96.5 106.4 112.8 .4 _ Equals: Federal expenditures in the national income and product accounts _. — ^ ' 2.4 _-_-.__ .1 .2 _2.2 33.8 37.9 4.5 5.5 .7 .2 122.4 135.0 Federal Home Loan Banks and Federal Land Banks ^^S^-^l. .2 29.6 4.3 -.6 Plus: Tmst 1962 tO 7.5 percent in fiscal 1965. Equals: Federal payments to the public maintained .3 o)' . _.. 145.5 .3 .1 .4 _2.2 $3^ 5.5 1.6 .3 2 Equals: Federal receipts in national income and product accounts.. 4.5 .9 119.7 128.2 __ EXPENDITURES In fiscal 1966 and 1967, this trend will level off and defense purchases will be 4.3 .1 -____ siderably, national defense purchases As shown in _ _.______________________________________:_-_ riod, When total OUtpUt Was rising COn- the accompanying table, defense OUtTQTTQ foil ftwm Q Q r.-vn/»ant r»f PTVTP in lays tell irom y.d percent Ol U-INr in 31.0 33.5 4i.e Less. 6ov ^ Estimate 93.1 100.0 111.0 ..._._.. Less: Intragovernmental transactions.._ Receipts from exercise of monet8,ry authority. eluding special Vietnam costs, are projected to decline $1K billion in fiscal 1967 1966 Actual ________ RECEIPTS spurt in military spending is due entifAKr rn th-P VWnflrn war tireiy tO tne Vietnam War. ing will be mainly for military pay and related costs of food, clothing, and other operations and maintenance needs associated with a projected 400,000-man increase in the size of the Armed Forces from mid-1965 to mid-1967. Outlays for operations and maintenance will also reflect higher civilian personnel costs resulting from a scheduled rise of 79,000 in Defense Department employment from fiscal 1966 tofiscal1967. Procurement of major military equipment will account for an important share of the increase in defense purchases and will emphasize conventional weaponry. Current plans call for heavy purchases of aircraft—helicopters and transport and tactical planes. Naval procurement will center on antisubmarine warfare, fleet support, and air 145.0 .4 .5 '\ -\ .9 1.0 1.5 -i.4 .9 .7 —.1 .4 .1 .7 2.2 -1.5 1.5 .4 2.2 -2.1 —.6 .4 2.2 -2.3 1.0 .3 118.3 131.0 142.7 1 Less than $50 million. Sources: "The Budget of the United States for the Fiscal Year Ending June 30,1967," and U.S. Department of Commerce, Office of Business Economics. 8 SURVEY OF CURRENT BUSINESS defense of our carrier forces. Expenditures for military vehicles and nonnuclear ordnance will also be stepped up. Funding for strategic retaliatory forces—including long range missiles, bombers, and Polaris submarines—will remain essentially unchanged in 1967. Outlays for other defense functions, such as research and development, military construction, family housing, and civil defense, are unchanged in the aggregate. Table 4 provides a detailed breakdown of Defense Department military expenditures in the administrative budget. Atomic energy outlays will be down slightly, continuing the trend of recent years. Most of the decline can. be attributed to a drop in procurement of CHART. 7 Vietnam War Expands Defense Purchases* 20 Billion $ 30 40 50 60 uranium concentrates and lower production of nuclear weapons and materials. Nondefense purchases little changed Federal nondef ense purchases are estimated just under $18 billion in fiscal 1967, only slightly above the level projected for fiscal 1966. A sharp decline in outlays for agriculture, plus a drop in expenditures for space exploration nearly offset increases for education, health, social security, and the war on poverty. Employment in nondef ense agencies (excluding the Post Office) is scheduled to rise about 25,000 in 1967, somewhat more than the estimated increase in fiscal 1966. Over half of the rise can be attributed to new legislation for hospital insurance for the elderly, and aid to education. The anticipated $K billion decrease in space expenditures represents the first decline in outlays by the National Aeronautics and Space Administration (NASA) since the agency was established in 1958. However, the new NASA budget would still provide for the costs of an expedition to the moon before the end of 1969, according to agency officials. Over two-thirds of the 1967 expenditures will be devoted to manned space flight activities. In 1967, the Saturn V rocket, 16 times more powerful than U.S. rockets currently in use, will be launched for the first time. Other Federal Expenditures Government expenditures, in addition to influencing GNP directly through the purchases of goods and services, contribute to aggregate demand indirectly through various other types of outlays such as grants-in-aid, transfers, net interest payments, and subsidies. Grants-in-aid ordinarily help finance State and local programs, such as highway construction; the other types of expenditures increase private incomes and thus stimulate personal consumption and business investment. Expenditures other than those for purchases of goods and services are estimated to rise by $8 billion in fiscal #; 1967. This is $!}£ billion more than *National Income and Product Accounts Basis their projected rise in fiscal 1966, priNote.-National defense purchases differ from budgetary expenditures shown in table 4 chiefly because the former include atomic energy outmarily because of the increase in medilays, exclude military pensions, and are adjusted to a delivery basis. U.S. Department of Commerce, Office of Business Economics 66-2-7 care transfer payments. I',,/ ;"/. ;/»/'•;,/''/t«','*,/».'", T'M;:, ('•'',' /''"/''"„/( February 1966 Medicare benefits begin Medical benefits—scheduled to begin July 1, 1966—account for about $3% billion of the projected $5 billion increase in transfer payments. About $2% billion will go for the new hospital insurance program which covers nearly all of the 19 million persons now 65 years and over, including about 2 million persons not presently covered by social security or railroad retirement programs. This program makes provision for all ordinary hospital services up to 90 days for each illness; the patient pays for the first $40 of his hospital bill, and $10 per day after the first 60 days. In addition, the program provides for posthospital nursing home care and diagnostic services offered at the hospital on an out-patient basis. After leaving the hospital, the patient could get up to 100 visits by nurses, therapists, or other medical aides. This portion of the medicare program is financed by a special payroll tax that went into effect last month, and by a Federal appropriation for those not under social security. Additional transfers, nearly $1 billion, are provided for the supplementary medical insurance program, which provides coverage, after a $50 deductible, for 80 percent of the doctor bills, (Continued on page 17) Table 4.—Defense Department Budgetary Expenditures, Military Functions, and Military Assistance, Fiscal Years 1965-67 1965 1966 1967 Actual Estimate Estimate 47.4 54.2 58.3 Military personnel _ . 14.8 16.6 18.2 Operation and maintenance — 12.3 14.2 15.0 11.8 5.2 2.1 1.7 1.3 13. 9 6.0 •1.9 1.6 2.3 16.0 .9 •6 1.0 1.1 1.0 1.1 Research, development, test, and evaluation 6.2 6.4 6.4 Construction, military 1.0 1.1 1.1 Family housing • .. 6 .6 .5 .1 .1 .1 1.2 1.3 1.2 Total..—— — Procurement. Aircraft Missiles ..._ Ships — Vehicles and ordnanceElectronics and communicationsOther Civil defense Military assistance Revolving and management funds —.7 6.7 1.8 1.7 3.7 -.1 Sources: "The Budget of the United States for Fiscal Year Ending June 30,1967" and U.S. Department of Defense. by LOWELL D. ASHBY Growth Patterns in Employment by County, 1940-1950 and 1950-1960 A New Set of Publications The "total net relative change" for The components of change are given in columns D, E, and F for 1940-50 an area over a period of time is the sum and in columns J, K, and L for 1950-60 of the total industrial mix component and the total regional share component. and consist of the following: (1) National growth effect (columns If this sum is positive, there has been D and J)—the change due to an increase, and if negative, a decrease an area's participation in the in the percent of the Nation's total emoverall national economic ployment located in the area. Since the industrial mix and the regrowth. All areas in the Nation share a common factor gional share components of change are in that they are part of the both present, they may either reinforce same expanding national econ- or offset each other. For example, an area may have an excellent combination omy. (2) Industrial mix effect (columns of rapid growth industries, but because E and K)—the change due to of obsolete capital equipment, inadthe type of industry in which equate accessibility to markets, or the area specializes. For ex- other conditions, employment growth ample, a region where the work may lag behind the national pace in Growth Patterns in Employment by force in 1950 was predomi- these industries. Thus, the boost from County, 1940-1950 and 1950-1960 nantly agricultural participated a favorable industrial mix can be canin the long-term national de- celed by the drag of a declining regional Volume 1, New England, $0.45 cline in agricultural employ- share. Volume 2, Mideast, $0.65 ment. Conversely, a region Conversely, through aggressive leadheavily committed to the elec- ership or fortunate geographic location, They are now for sale by the Supertronics industry received a an area where the industrial mix is unintendent of Documents, U.S. Governlift from its national expansion. favorable may exceed national growth ment Printing Office, Washington, D.C. (3) Regional share effect (columns rates in its various industries. Thus, 20402, and at all U.S. Department of F and L)—the change due to the potential handicap of slow growth Commerce Field Offices. The remainthe fact that the growth of industries can be overcome by bettering six volumes will be announced in the various industries within than-average growth in these industries. the SURVEY when available. a region may differ from the Opposing and reinforcing tendencies Components of change national growth rates for the Summary results—taken from the same industries. The regional An example of the information proshare effect shows whether "total"line—for the major regions of vided in the publications is given in the employment growth in the United States are presented in table 1. This shows employment in table 2.< They show that in most local industries has lagged beeach of 32 industries for the New regions the industrial mix and the hind or outpaced that in the England region for 1940, 1950, and regional share components have tended same industries in the Nation 1960 and, in addition, the components as a whole. to pull in opposite directions over both of employment change in the two 1 decades. In the New England, MidEach of the effects defined above can periods 1940-50 and 1950-60. be totaled for all industries; the re- east, and Great Lakes regions, a favor1 sultant totals for each component can able industrial mix tended to boost The method by which the components of change are computed was explained in "The Geographical Redistributhen be combined to give the total employment, while all three sustained tion of Employment: An Examination of the Elements of employment change for an area. The preponderant losses in their shares of Change," SURVEY OF CURRENT BUSINESS, October :)964. A review of these computations in terms of data for New results for New England are shown in the several industries. In the SouthEngland for the period 1940-50 is contained in an appendix east, Southwest, and Rocky Mountain the "Total" line of table 1. on page 13. 9 799-216 O-66-2 J_ HE Office of Business Economics has just released the first two of an eightvolume series of publications that identify and measure components of employment change from 1940 to 1950 and from 1950 to 1960 in each of 32 industries in each county of the Nation. Volume 1 covers the New England region and its six States and 67 counties. Volume 2 is concerned with the Mideast region together with its five States, its 177 counties, and the District of Columbia. Each volume describes analytical methods and data sources and contains charts and tables for each county and State in the region. The two volumes just released are: SUEVEY OF CUKKENT BUSINESS 10 regions, an opposite situation obtained. duce employment growth. However, Here, an unfavorable industrial mix- this negative tendency was partially due mainly to heavy dependence upon overcome by employment growth rates agriculture and mining—tended to re- that exceeded national rates in most February 1966 industries. In the agriculturally dominated Plains States, both the industrial mix and the regional share components subtracted Table 1.—Employment and Components of Employment Change New England Employment hi Components of employment change 1940-1950 Industry 1940 1950 1950-1960 Changes related to 1960 National Industrial Regional growth mix share 1 Agriculture . 2 Forestry and fisheries 3 Mining... Total change Octant code (G) (I) Changes related to National Industrial Regional growth mix share Total change Octant code (M) (0) (A) (B) (C) (D) 149,942 128, 659 84, 273 39,981 -66,889 5, 625 -21,283 6 19,918 -6Q,408 5,104 -44,386 6 11, 267 14,279 8,616 3,004 -1, 199 1,207 3, 012 3 2,211 -5,850 -2,023 -5,662 8 (E) (F) (K) (J) (L) 4,633 4,823 4,005 1,235 -1,173 127 189 6 747 -2,180 616 -817 6 141,608 202, 350 214, 875 37, 759 57,316 -34, 333 60, 742 4 31,326 -10,331 -8,470 12,525 8 58, 596 257, 415 66,503 52, 843 46, 756 23, 862 142,691 6,332 40,260 474, 531 66, 654 260, 563 76, 959 62, 907 58, 350 30, 947 243, 247 11, 132 47,366 533,721 87, 880 125, 406 83, 788 53,358 77,939 34, 590 329,576 7, 451 111, 772 567,408 15,624 68, 638 17, 732 14, 090 12,467 6, 363 38, 047 1, 688 10,735 126, 530 703 -48, 864 4,286 13 4,020 5,520 96, 592 1,554 12, 292 29, 516 -8, 269 -16,626 -11, 562 -4, 039 -4, 893 -4, 798 -34, 084 1,557 -15,921 -96,856 8,058 3, 148 10,456 10, 064 11,594 7, 085 100, 555 4,799 7,106 59, 190 5 8 5 5 5 4 4 1 5 5 8, 936 10, 319 40, 338 -100,474 -5,025 11, 914 9,739 -16,236 9,033 10, 475 4,841 4,791 75,674 37,657 1,723 -2, 076 7, 333 41, 136 17, 427 82,626 46, 885 31,953 31, 951 29, 807 39, 149 50, 315 41, 155 46,347 46,869 50, 368 28,467 45, 540 40, 178 52, 889 50,650 12, 502 8,520 8,519 7,948 10,439 -2,144 3, 886 10, 365 15, 916 6,881 -6,928 -3, 204 -4,489 -6, 802 -6, 101 3,430 9,202 14,395 17,062 11, 219 7 4 4 4 4 7, 789 6,371 7,175 7,256 7,798 -23, 986 5, 857 -5,902 -5 -528 -5,651 -7,844 -7,442 -1,231 -6,988 -21,848 4,384 -6,169 6,020 282 8 5 7 7 7 75, 646 111,030 69, 321 262, 342 115, 897 114,587 93, 812 327, 741 122, 083 108,334 94, 736 347, 947 20, 170 29, 605 18,484 69, 951 28, 139 -12,583 16, 916 31, 623 -8,058 -13,466 -10,909 -36,176 40, 251 3,556 24, 491 65,398 4 7 4 5 17, 942 17, 739 14, 523 50,738 -4,424 -20, 014 -8, 490 6,277 -7, 332 -3, 978 -5, 109 -36,809 6,186 -6, 253 924 20,206 7 8 8 5 24 Finance, insurance, and real estate 110, 722 140, 470 183,819 29, 523 4,435 -4, 210 29,748 4 21, 746 34,856 -13, 253 43,349 4 25 Hotels and other personal services _ 109, 569 110, 678 102, 634 29, 216 -18,056 -10,050 1,110 8 17,134 -12,381 -12,797 -8,044 7 26 27 28 29 148, 990 56, 739 21, 880 262, 463 80, 786 80,620 25, 460 343, 769 79, 040 91,017 23,109 514,997 39, 727 15, 129 5,834 69, 984 -84, 169 14,033 -446 45, 595 -23,762 -5,281 -1,808 -34, 273 -68, 204 23,881 3,580 81,306 8 4 7 4 12,507 12,481 3,941 53, 219 1,162 5,782 -3, 522 146, 041 -15, 415 -7, 866 -2,771 -28,032 -1, 746 10,397 -2, 352 171, 228 5 5 8 4 107, 807 156, 586 179,114 28,746 46,034 -26,000 48, 780 4 24, 241 18,638 -20,352 22, 527 5 13, 200 49, 865 103,291 3,520 27,590 5, 555 36, 665 2 7, 720 26,702 19, 004 53, 426 2 -2,488 -21, 301 -9,541 7 6,795 85,186 43, 282 135, 263 2 225,214 -440, 128 601,044 5 566,790 198, 158 -288, 185 476,763 5 4 Contract construction. _ _ 5 6 7 8 9 10 11 12 13 14 Food and kindred products mfg Textile mill products mfg___ _ Apparel mfg _ _-__ Lumber, wood products, furniture mfg. Printing and publishing mfg_ Chemicals and allied products mfg Electrical and other machinery mfg M otor vehicles and equipment mfg Other transportation equipment mfg_ . . Other and miscellaneous mfg _ 15 16 17 18 19 Railroads and railway express,. Trucking and warehousing Other transportation. Communications Utilities and sanitary service - . _ _ _ 20 21 22 23 Wholesale trade _ _ Food and dairy products stores Eating and drinking places . Other retail trade _ __ _ __ Private Households Business and repair services __ Entertainment , recreation services Medical , other professional services 30 Public administration .-_ 31 Armed forces 32 Industry not reported Total 53, 434 43,893 179, 156 14, 248 3,060,127 3,661,175 4,137,938 815,958 1,972 21, 227 -75, 021 -135,157 -60 6, 829 -3,052 -9, 549 81 19, 589 3,643 -5,989 -27,002 86,329 -3, 329 -3, 682 15, 937 64,406 -66,365 33, 688 ' 2 8 8 8 2 5 4 7 2 5 [Total net relative change (N) -90,0271 [(Sum of totals Cols. K and L) J [Total net relative change (H) -214,914] L(Sum of totals Cols. E and F) J Source: U.S. Department of Commerce, Office of Business Economics. Table 2.—Employment and Components of Employment Change, Regions and States, 1940-50 and 1950-60 1 [Thousands of employees] 1950-60 1940-50 Employment Changes related to 2 Total National Industrial Regional change 3 growth mix share 1940 1950 1960 (A) (B) (C) (D) United States 45,375.8 57,474.9 66,372.6 12,099.1 New England. Mideast Great Lakes Plains _. Southeast Southwest _ Rocky Mountain _ _ Far West 3, 060. 1 10, 876. 2 9, 256. 8 4, 513. 5 9, 878. 3 3, 087. 5 929.4 3, 773. 9 3, 661. 2 13, 363. 2 11,931.3 5, 378. 9 11, 913. 4 4, 091. 5 1,264.1 5, 871. 3 4, 137. 9 14,892.1 13, 403. 4 5, 683. 3 13, 414. 1 5,055.6 1, 558. 3 8,227.9 (E) 0.0 (F) 0.0 225. 2 -440. 1 816.0 2, 900. 0 821.6 -1,234.6 -300. 8 2, 468. 3 507.1 -21.5 1, 203. 5 -316.6 2, 634. 0 -1,299.7 700.8 401.4 823.3 -220. 7 -33.1 120.0 247.8 774.9 316. 2 1, 006. 3 1 Derivation of each component is explained in the text. Detail will not add to totals because of rounding. 2 Components are the result of summation across analytical results for each of 32 industrial .categories. Data are from the U.S. Census of Population. (G) 12,099.1 .601.0 2, 487. 0 2, 674. 5 865.4 2, 035. 1 1, 003. 9 334.7 2,097.4 Changes related to 2 Net relTotal ative Octant change * code National Industrial Regional change 3 growth mix share (H) 0.0 -214. 9 -413. 0 206.3 -338. 1 -598. 9 180.7 86.9 1, 091. 1 (J) (D (K) (L) 1 8,897.7 5 5 4 8 6 3 3 1 198.2 -288. 2 566.8 758.4 -1, 298. 3 2, 068. 8 -652. 1 1, 847. 1 277.1 -207. 4 832.7 -320.9 1,844.3 -1,062.4 718. 8 633.4 431. 5 -100. 8 -64. 6 163.1 195. 7 315. 0 908.9 1,132.6 0.0 0.0 Net relOctant ative change < code (N) (M) 0.0 1 -90.0 -539.9 -375. 0 -528. 3 -343.6 330.7 98.5 1,447.6 5 5 5 8 6 3 3 1 8,897.7 476.8 1, 528. 9 1, 472. 1 304.4 1,500.7 964.1 294.2 2, 356. 6 34 Sum of components D, E, and F for 1940-50 and J, K, and L for 1950-60. Sum of columns E and F for 1940-50 and K and L for 1950-60. Source: U.S. Department of Commerce, Office of Business Economics. (0) February 1966 from employment gains. In contrast, both factors contributed to the rapid expansion of employment in the Far West. The result of the industrial mix and regional share influences was that four regions (New England, Mideast, Plains, and Southeast) ended each decade with a smaller portion of the Nation's total employment, while three (Rocky Mountain, Southwest, and Far West) acquired a larger share. The share of the Great Lakes region first increased and then decreased. Charting the elements of change An advantage of the technique used in constructing the tables is that whether the three change components are computed directly for a given region or whether they are summed from the computed components for its subareas, the results are identical. This additivity industry by industry through all levels of geographic area grouping may also be illustrated graphically as in chart 8. The upper panel of the chart refers to the period 1940-50 and the lower panel refers to the period 1950-60. Points to the right and left of the vertical axis in each panel represent positive and negative regional-share components, and points above and below the horizontal axis represent positive and negative industrial mix components respectively. The intersection of the two major axis is a reference point (at zero, zero) that would represent a region with zero regional share and zero industrial mix components. The area used as a standard-of-growth reference (in the present publications series, the United States) is always represented by this point. In addition to the basic reference point, there are points (tips of arrows) in chart 8 for each of the eight regional divisions of the Nation. Each regional point conveys three of the analytical concepts defined above. For example, the point corresponding to New England for the period 1940 to 1950 shows that the total regional-share component is negative (—440.1 thousand) and that the total industrial-mix component is positive (225.2 thousand). As explained below, the sum of these two, the total net relative change (—214.9 thou- SURVEY OF CURRENT BUSINESSsand) also can be found as a measurable distance on the chart. In addition to the main axes, chart 8 contains two sloping 45-degree lines. The line sloping upward from left to right (labeled F-I-B) connects points where the regional-share component is equal to the industrial mix component. The line sloping downward from left to right (labeled D-I-H) locates- points where the absolute values of share and 11 mix components are equal but of opposite sign. Points on the latter line would represent regions whose net relative change is zero. Thus, points above and to the right of this line have positive net relative changes while those below and to the left have negative net relative changes. Also, for any geographical area the horizontal (or vertical) distance of a point from the D-I-H line is a measure of the total net relative CHART 8 Industrial Mix, Regional Share, and Net Relative Change Components by Regions, 1940-50 and 1950-60 Industrial Mix I Regional Share Southeast 1940-1950 Q 200 Thousand 6 Employees 1 Million Employees Source: Table 2 Industrial Mix I West ^Regional Share Rocky " •E^^NSS Mountain 1950-1960 0 8 1 Million 200 Thousand Employees Employees U.S. Department of Commerce, Office of Business Economics 66-2-8 12 change for the area. For example, the net relative change for the Far West in the 1940-50 period (upper panel, chart 8) is represented by a horizontal dotted line with a length extending 1,091.1 thousand to the right of (that is, in a positive direction from) the D-I-H line. The exact position of a particular area can be indicated only by complete specification of its regional share and industrial mix coordinates as in chart 8. For many purposes, however, such detailed information is not needed. Instead, a region can be classified into one of a limited number of categories related to its general growth pattern. This is the purpose of the single digit codes shown in columns I and O of SURVEY OF CURRENT BUSINESS tables 1 and 2 for the period 1940-50 and 1950-60, respectively. As indicated in chart 8, every major regional point lies in one of eight designated divisions (octants). If a point falls on a dividing line, the assigned code is the letter identifying the line. Letter designations do not happen to occur for any of the eight major regions in chart 8. However, the Nation itself (as the reference region) is represented by a point common to all the dividing lines and the code letter for this point is "I." Experience has shown the octant codes to be useful shorthand expressions for quickly noting the major characteristics of an area's employment growth pattern. Total Net Relative Change in Employment by Counties, New England Region, 1950-60 Key: U.S. Department of Commerce, Office of Business Economics February 1966 Maps summarize growth patterns The foregoing octant system obviously can be shown in systematically shaded maps. Chart 9 is such a map for the period 1950-60 for New England and the Mideast regions combined. This map area includes eleven States and the District of Columbia. The States, in turn, comprise 244 counties. The shading key in chart 9 suggests a general relationship between the strength of an area's total net relative change in employment and its octant. Those areas whose total net relative change in employment—expressed as a percent of base year employment— was strongest tend to fall in octants 1 and 2. Those with the largest declines tend to appear in octants 7 and 8. CHART 9 Areas with moderate gains fall in octants 3 and 4 and those with moderate losses in 5 and 6. In the case of the eight regions of the United States, as presented in table 2, the relationship holds without exception both for the 1940V and the 1950's. If the same test is applied to successively smaller areas, some blurring of the relationship occurs. That is, there are some counties whose position in the four groups of octants in chart 9 is inconsistent with the strength of their employment change. These, however, are exceptions to a generally valid relationship. The map illustrates the inadequacy of broad generalizations based on national, regional, and even State data. Table 2 has shown that the portions of the Nation's employment located in New England and in the Mideast decreased in the period 1950-60. But within New England, both New Hampshire's and Connecticut's portions of the Nation's total increased, and within the Mideast, similar increases occurred in New Jersey, Delaware, and Maryland. As indicated by the map, employment growth performance also varied greatly within States. Although PennTotal Net Relative Change, 1950-1960 sylvania experienced a net relative loss, 12 of its counties had net relative gains. Strong Gain, Octants 1,2 fj|f The main feature of the current Moderate Gain, Octants 3,4 Sc| publication series is that it focuses on Moderate Loss, Octants 5,6 counties in terms of their unique emStrong Loss, Octants 7,8 | ] ployment growth characteristics. The series is designed as a reference aid to 66-2-9 businessmen, market analysts, econo- February 1966 mists, regional planners, State development officials, and others concerned with the character of economic change in local areas. Appendix: Illustrative Computations for New England Data Employment (in thousands) Percent change 1940 1940-1950 United States, total employment. __ 45, 375. 8 United States, contract construction employment- 2,068.5 New England, contract 141. 6 construction employment- 1950 57, 474. 9 26. 664 3,457.2 67. 139 202.4 42. 894 SURVEY OF CURRENT BUSINESS 13 will depend in part upon the level of industrial detail (within a given total) under analysis. However, changes in these two components, induced by changes in the degree of industrial detail, are equal in absolute value and of opposite sign for every area under analysis. It follows that their sum, the total net relative change, is unaffected by any such changes for any given area. A downward sloping dotted line in the lower (1950-60) panel of chart 8 (parallel to the line D-I-H) shows the path along which the point for a particular region (the Far West) would move in response to such changes. well settle on somewhat larger inventories than they considered ' 'normaP; in recent years. The Business Situation (Continued from page 3) Computations for contract construction: National growth component (table 1, Col. D) (141.6)(0.26664) = 37.8 thousand Industrial mix component (table 1, Col. E) (141.6) (0.67139-0.26664=0.40475) = 57.3 thousand Regional share component (table 1, Col. F) (141.6) (0.42894-0.67139= -0.24245) = -34.3 thousand Total change (sum of Cols. D, E and F) (table 1, Col. G) '= 60.7 thousand Net relative change 1940-50 (sum of Cols. E and F, not shown in table 1) = 23.0 thousand Thus, the change in New England's contract construction employment was 23.0 thousand in excess of what would have occurred at the overall national rate for all industries combined. The results for New England's overall employment growth from 1940 to 1950 are presented in the "Total"'line at the bottom of the table. In this line, the entries are the simple algebraic sums of the corresponding entries for the separate industries. In rounded form they are: Column D, change related to national growth ' . ,. 816.0thousand C olumn E, change related to industrial mix 225.2 thousand Column F, change related to regional share -440.1 thousand Column G, total change (sum of D, E and F) 601.0 thousand Total net relative change (H) (sum of E and F) -214.9 thousand It is apparent that in April of 1950 New England would have needed an extra 214.9 thousand employees to account for the same percent of the Nation's total that it represented in April of 1940. The change components identified under industrial mix and regional share stocks of steel from the high levels that prevailed while the labor negotiations were in progress last year. With consumption rising from the usual summeJr lull and receipts of steel running below the rate of. consumption, stocks began to fall last September, and the decline accelerated in the closing1 months of 1965. The 4-million-ton reduction in steel stocks in the October-December period—the largest for any quarter since the Census Bureau started to collect these figures more than 4 years ago—brought yearend inventories to 13.1 million tons, the lowest level since February 1965. At the end of 1965, stocks of manufacturing consumers represented 51 days of supply at the December rate of consumption. Last August, at the peak of the inventory buildup, the corresponding figure was 74 days. None of the above data have been adjusted for seasonal influences. How much more consumers will reduce their current steel inventories is by no means clear at the present time. In the first three quarters of 1964, prior to the stockpiling in anticipation of a possible strike in the spring of 1965, manufacturing consumers maintained a 40-day supply. It is not certain, however, that in the current setting steel consumers will cut back quite so far. With demand strong and production delays more frequent, they may Steel imports at new high Because of the unusually strong domestic demand for steel last year, imports rose considerably while exports declined. In this respect, last year's experience was a repetition of 1962 and 1963, when hedge buying against the possibility of a strike was a dominant feature in steel markets. In 1965, imports of steel increased to 10.4 million tons—the highest on record—from 6.4 million in 1964, while exports declined to 2.5 million from the 3.4 million total of 1964 (chart 3). The inflow of steel was exceptionally large during most of 1965, reaching more than 12 million tons at an annual rate in the second quarter before falling gradually to 10 million tons in the October-December period. In contrast, exports remained relatively low, though some pickup occurred in the final quarter of the year. Last year was the seventh consecutive year in which the United States was a net purchaser of steel. The 1965 import balance of 7.9 million tons was by far the largest ever reported, more than 2% times net imports in 1964. In the second quarter of 1965, the excess of imports over exports amounted to 10 million tons at an annual rate; the gap, however, narrowed considerably thereafter. Imports of all of the principal steel product groups increased in 1965. The largest gains were in sheet and strip, which nearly tripled, and in structural shapes and plates, which scored a 60 percent gain. Imports of sheet and strip have shown a strong uptrend in recent years, from less than 200,000 tons in 1961 to well over 3.5 million in 1965; their share of total steel imports over this period rose from 5 percent to approximately one-third. This increased domestic use of imported sheet and strip reflects in part rising demand from the motor vehicle industry. It also reflects the growing capacity of foreign countries to produce a wide range of steel products and the ability of steel producers abroad to compete in the U.S. market. NATIONAL INCOME AND PRODUCT TABLES Table 1.—Gross National Product in Current and Constant Dollars 1964 1963 1964 1965 IV 1965 I II 1964 III IV 1963 1964 1965 IV Billions of current dollars „_ II I III IV Seasonally adjusted at annual rates Seasonally adjusted at annual rates Gross national product 1965 Billions of 1958 dollars 589.2 628.7 676.3 641.1 657.6 668.8 681.5 697.2 550.0 577. 6 609.6 584.7 597.7 603.5 613.0 624.4 373.8 398.9 428.7 405.9 416.9 424.5 432.5 441.0 352.4 372.1 394.2 376.8 386.1 390.5 396.9 403.3 53.4 168.0 152.3 58.7 177. 5 162.6 65.0 189.0 174.7 57.9 180. 9 167. 1 64.6 182.8 169.5 63.5 187.9 173. 1 65.4 190. 5 176.7 66.4 195.0 179.6 53.2 161.8 137.3 58.5 169.4 144.2 65.6 177.1 151.5 57.9 171.8 147.1 64.5 173.2 148.4 63.4 176.4 150.7 66.4 177.8 152. 7 67. 9 181. 0 154. 4 Gross private domestic investment. ... 86.9 92.9 105.7 97.7 103.4 102.8 106.2 110.3 82.3 86.3 96.8 90.2 95.4 94.2 96.9 100.5 Fixed investment Nonresidential Structures.. __ ProdiTcfii*s' fhir?i,blft eqijiprnfint Residential structures Nonfarm _ _ Farm____ _ _ Change in business inventories Nonfarm Farm ... 81.2 54.3 19.7 34.6 26.9 26.3 .6 5.7 4.9 .8 88.1 60.5 21.1 39.4 27.5 27.0 .6 4.8 5.4 -.6 97.4 69.8 24.3 45.5 27.6 27.1 .6 8.2 7.9 .3 90.2 63.5 21.5 42.0 26. 7 26.2 .6 7.5 7.8 -.3 94.6 66.9 23.2 43.7 27.7 27.1 .6 8.8 9.2 -.4 96.4 68.4 24.5 43.9 28.0 27.5 .6 6.4 6.6 -.2 98.6 70.9 24.2 46.7 27.7 27.1 .6 7.6 7.0 .6 100.2 73.0 25.4 47.6 27.2 26.7 .5 10.1 8.9 1.2 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 88.8 65.0 21. 2 43.8 23. 9 23.3 .5 7.9 7.6 .3 83.1 59.6 19.0 40.6 23.6 23.0 .5 7.1 7.3 -.3 86.8 62.5 20.3 42.2 24.3 23.8 .5 8.6 9.0 -.4 88.1 63.7 21.4 42.3 24.4 23.9 .5 6.2 6.4 -.2 89.7 66.0 21.0 45.0 23.7 23.2 .5 7.2 6.6 .6 90.7 67.6 21. 9 45.7 23,1 22.6 .5 9.8 8.6 1.2 _ ________ 5.9 32.4 26.4 8.6 37.0 28.5 7.1 39.0 31.9 8.9 38.4 29.5 6.0 34.7 28.6 8.0 40.4 32.4 7.4 40.1 32.7 6.9 40.8 33.9 5.6 32.2 26.5 8.5 36.5 27.9 6.0 37.2 31.2 8.3 37.3 29. 0 5.1 32.9 27.8 6.6 38.5 31.9 6.2 38.3 32.1 6.2 39.1 32.9 122. 6 64.4 50.8 13.6 58.3 128.4 65.3 49.9 15.4 63.1 134.8 66.6 49.9 16.7 68.2 128.6 64.3 48.8 15.5 64.3 131.3 64.9 48.8 16.1 66.4 133.5 65.7 49.2 16.5 67.8 135.4 66.5 49.8 16.7 68.9 139.0 69.2 52.0 17.2 69.8 109.8 59.7 110.7 57.8 112. 7 57.1 109.4 56.1 111.2 56.4 112.1 56.8 113.0 57.0 114.3 58.2 50.0 52.8 55.6 53.3 54.8 55.3 56. 0 56.2 107.1 108.9 110.9 109.6 110.0 110. 8 111.2 111.7 Personal consumption expenditures.— Durable goods Nondurable goods . Services . ... __ _- _ _ .; Net exports of goods and services Exports .. Imports , Government purchases of goods and services Federal __ __., National defense Other State and local Addendum: Implicit price deflator for seasonally adjusted GNP 1958=100 Table 2..—Gross National Product by Major Type of Product in Current and Constant Dollars 1965 1964 1963 1964 1965 IV I III II 1965 1964 IV 1963 1964 1965 IV I II III IV Seasonally adjusted at annual rates Seasonally adjusted at annual rates Billions of 1958 dollars Billions of current dollars ; _ .. 589.2 628.7 676.3 641.1 657.6 668.8 681.5 697.2 550.0 577.6 609.6 584.7 597.7 603.5 613.0 624.4 - -- 583. 5 5.7 623.9 4.8 668.1 8.2 633.6 7.5 648.8 8.8 662.4 6.4 673.9 7.6 687. 1 10.1 544.4 5.7 573.0 4.6 601. 7 7.9 577.7 7.1 589.2 8.6 597.3 6.2 605.8 7.2 614.6 9.8 - - -_ 296.8 316.1 341.6 323.3 331.6 335.5 344.6 354.7 288.3 304.6 325.5 310.2 317.9 319.1 327.9 337.0 291.1 5.7 311.3 4.8 333. 4 8.2 315.8 7.5 322.8 8.8 329.1 6.4 337.1 7.6 344.6 10.1 282.6 5.7 300.0 4.6 317. 6 7.9 303. 1 7.1 309.3 8,6 313.0 6.2 320. 7 7.2 327.2 9.8 115.9 113. 1 2.8 126.1 122.8 3.3 139.5 133.5 6.1 128.8 124.3 4.4 137.2 130.1 7.1 136.6 130.3 6.2 141.9 135.4 6.5 142.5 138.0 4.4 114.0 111.2 2.8 123.1 120.0 3.1 136.2 130.3 5.8 125.5 121.2 4.3 133. 7 126.7 7.0 132.5 126.5 6.0 138. 8 132.6 6.2 139.7 135. 5 4.2 181.0 178.1 2.9 190.0 188.4 1.5 202. 0 199.9 2. 1 194.6 191. 5 3.1 194.4 192.8 1.6 198.9 198.7 .2 202.7 201.7 1.0 212.2 206.5 5.7 174.3 171.4 2.9 181. 5 180.0 1.5 189.3 187.2 2.1 184.7 181.9 2.8 184. 3 182.7 1.6 186.6 186. 5 .2 189.1 188.1 1.0 197.4 191.8 5.6 Services... 226.9 244.0 261.0 249.7 253.8 259.0 263.0 268.0 201.5 211.5 220.2 214.3 216.4 219.5 221.3 223.5 Structures 65.5 68.6 73.7 68.1 72.1 74.2 73.9 74.5 60.2 61.4 64.0 60.3 63.5 64.9 63.7 63.9 Addendum: Auto product 25.0 25.9 31.5 23.4 33.0 31.5 31.2 /30.4 24.7 25.5 31.5 23.2 32.7 31.2 31.4 30.7 Gross national product Final sales Inventory change - Goods output Final sales Inventory change. _ _•_ _ _--_ Durable goods output Final sales Inventory change . Nondurable goods output Final sales _ Inventory change __ _ _ _ _ Table 3.— Gross National Product by Sector in Current and Constant Dollars 1965 1964 1963 1964 1965 IV I II III IV 1963 1964 1965 Business l Nonfarm L _ Farm Households and institutions Best of the world __ _ General government 1 _ _ ___ II III IV 589.2 628.7 676.3 641.1 657.6 668.8 681.5 697.2 550.0 577.6 609.6 584.7 597.7 603.5 613.0 624.4 531.0 565.8 609.1 576.6 592.4 602.6 614.1 627.0 502.2 528.5 559.0 535.0 547.9 553.3 562.3 572.8 511.7 490. 1 21.6 16. 0 3.3 544.5 524.1 20.4 17.3 4.1 586.7 563. 8 22.9 17.8 4.6 555.2 534.8 20.4 17.5 3.9 570.7 550.3 20.4 17.1 4.6 580.3 557.2 23.1 17.5 4.8 591.6 568.0 23.6 18.0 4.5 604.1 579.7 24.4 18.6 4.3 485.7 462.8 22.9 13.2 3.3 510.9 488.6 22.3 13.6 4.0 540.7 517.4 23.3 13.8 4.5 517.6 495.2 22.4 13.6 3.8 530.0 508.0 22.0 13.4 4.5 535.0 511.8 23.2 13.6 4.7 544.0 520. 4 23.6 13.9 4.4 554.2 529.9 24.3 14.4 4.2 58.2 62.9 67.2 64.5 65.2 66.2 67.4 70.2 47.8 49.1 50.6 49.7 49.8 50.2 50.7 51.6 GNP originating in government enterprises (e.g., the Tennessee Valley Authority) is included in the nonfarm business sector. 14 I Billions of 1958 dollars Billions of current dollars Gross national product IV Seasonally adjusted at annual rates Seasonally adjusted at annual rates Private i 1965 1964 Table 6.—National Income by Type of Income Table 4.—Implicit Price Deflators for Gross National Product [Billions of dollars] (Index numbers, 1958=100) 1965 1964 1963 1964 1965 IV I 1964 III II IV 1963 1964 1965 P Seasonally adjusted at annual rates 107.1 108.9 110.9 109.6 110.0 110.8 111.2 Gross national product 111.7 Personal consumption expenditures.— 106.1 107.2 108.8 107.7 108.0 108.7 109.0 109.3 _ _ _ 100.4 100. 5 99.1 100.1 100.2 100.1 98.4 103.8 104.8 106.7 105.3 105.5 106.5 107.2 110.9 112.7 115.3 113. 6 114.2 114.9 115. 7 97.8 107.7 116.3 Durable goods. _ _ Nondurable goods Services _ ._ Gross private domestic investment Fixed investment. •-.__ Nonresidential Structures Producers' durable equipment ._ Residential structures Nonfarm Farm _ „__'___ Change in business inventories Net exports of goods and services Exports Imports. . 106.0 104.6 109.2 102. 2 108.9 109.0 105.7 107.8 106.0 111.8 103.1 112.0 112.2 106.8 109. 7 107.4 114.8 103.9 115.9 116.1 107.6 108.5 106. 6 113.0 103. 5 113.4 113.6 107.3 108.9 107.0 114.1 103.5 114.0 114.2 104.5 109.4 107.3 114.0 103. 8 114.9 115.1 107.0 109.9 107. 4 115.2 103.7 116. 9 117.1 108.9 100. 6 101.5 104.8 102.9 105.2 104.9 104.8 99.6 101. 8 102.4 101.7 102.9 101.5 102. 0 _ 104.3 103.1 121.6 107.8 112.9 116.6 114.6 115.1 115.7 116.6 119.0 116.5 119.3 122.8 120.6 121.2 122.5 123. 1 124. 3 _ _ I II III IV* Seasonally adjusted at annual rates National income _ _ _ _ _ _ 481.1 514.4 554.7 526.3 540.6 549.5 557.9 Compensation of employees Wages and salaries Private Military... Government civilian _ _ _ _ _ _ n.a. 341.0 365.3 391.9 375.4 382.4 387.9 393.7 403.6 311.2 333.5 357.4 342.6 348.9 353.6 359. 0 251.6 269.2 288.5 276.5 282.0 285.9 290.0 10.8 11.7 12.4 11.9 11.8 11.8 12.3 48.8 52.6 56.5 54.3 55.0 55.9 56.7 368. 1 296.1 13.7 58.3 Supplements to wages and salaries. . Employer contributions for social insurance Other labor income . _ Employer contributions to private pension and welfare fundsOther 29.8 31.8 34.5 32.7 33.5 34.3 34.7 35.5 15.0 14.8 15.4 16.5 16. 3 18.2 15.7 17.1 16.0 17.5 16.2 18.1 16.3 18.4 16.6 18.9 12.1 2.7 13.5 2.9 _ _ _ _ _ _ 50.8 51.1 54.5 51.8 51.9 54.6 55. 4 56.2 Business and professional 37. 8 Income of unicorporated enterprises _ _ _ _ _ _ _ 37.8 Inventory valuation adjustment _ .0 Farm 13.0 39.1 40.3 39.6 39. 9 40.1 40.4 40.7 39.1 40.7 12.0 14.3 12.2 12.0 14.5 15.0 15.5 18.5 18.5 18.6 18.6 18.7 Proprietors' income Government purchases of goods and services _ _ ' _ 111.7 116.0 119.7 117.5 118.1 119.1 119.8 Federal State and local 110. 5 108. 0 115.8 104.3 117.8 117. 9 110. 5 IV 1965 .0 —.4 Rental income of persons.-- 17.6 18.2 18.6 Corporate profits and inventory valuation adjustment _ 58.1 64.5 73.1 64.9 71.7 72.0 73.5 n.a. 58.6 26.0 32.6 15.8 16.8 64.8 27.6 37.2 17.2 19.9 74.7 30.1 44.5 18.9 25.6 65.9 28.1 37.8 17.7 20.0 73.1 29.5 43.6 18.0 25.7 73.9 29.8 44.1 18.6 25.5 74.6 30.1 44.5 19.2 25.3 n.a. n.a. n.a. 19.9 n.a. Profits before tax Profits tax liability Profits after tax _ _ Dividends Undistributed profits ___ Inventory valuation adjustment Net interest -.4 -.3 -1.6 -1.0 13.6 15.2 16.5 15.7 -1.4 16.1 -1.2 -1.8 16.4 16.7 -1.8 17.1 j> Preliminary. Table 7.—-Personal Income and Its Disposition [Billions of dollars] Table 5.-—Government Receipts and Expenditures [Billions of dollars] 1964 1964 1965 1963 1963 1964 1965 ^ IV I II HI 1964 1965 TV* IV 1965 I II III IV Seasonally adjusted at annual rates Seasonally adjusted at annual rates Personal income 122.7 53. 2 28.3 na 54. o na 16.1 25.2 163 25 8 114.0 118.3 123.3 117.9 120. 1 120. 6 125.6 64.4 65.3 66.6 64.3 64.9 65.7 66.5 127 0 69^2 Federal Government receipts 114.3 114.5 124. 1 116.8 123.7 124.4 Personal tax and nontax receipts 51.5 48.6 53.9 49.8 53.5 54.8 Corporate profits tax accruals 24.5 26.0 28.3 26.5 27.7 28.0 Indirect business tax and nontax accruals 15.3 16.1 16.7 16.4 17.7 16. i Contributions for social insurance. . . 23.0 23.7 25.2 24.2 24.7 24.9 Federal Government expenditures Purchases of goods and services _ 29. 2 27.0 2.2 29.9 27.8 2.2 32.1 29.9 2.2 29.8 27.7 2.1 31.2 29.2 2.0 30.6 28.2 2.4 34.1 32.0 2.1 32 5 30 3 2.1 Grants-in-aid to State and local governments __'__• 9.1 10.4 11.4 10.8 10.8 11.0 11.7 12.0 Net interest paid 7.8 8.4 8.8 8.4 8.6 8.7 8.8 8.9 Subsidies less current surplus of government enterprises 3.6 4.3 4.5 4.7 4.6 4.5 4.5 4 4 Transfer payments To persons T o foreigners (net) _ . Surplus or deficit (-) on income and product account State and local government receipts Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance. _ . Federal grants-in-aid_ _ _ State and local government expenditures _ Purchases of goods and services. _ Transfer payments to persons Net interest paid Less: Current surplus of government enterprises Surplus or deficit (— ) on income and product account .3 -3.8 .7 -1.1 3.6 3.8 -2.9 na 63.1 68.6 74.3 70.5 71.8 73.2 75.4 n.a. 9.5 1.5 10.6 1.6 11.5 1.8 10.9 1.6 11.2 1.8 11.4 1.8 11.6 1.8 11 7 n.a. 39.2 3.8 9.1 41.9 4.1 10.4 45.3 4.3 11.4 42.9 4.2 10.8 43.8 4.2 10.8 44.7 4.3 11.0 45.9 4.4 11. 7 46 6 4.4 12. 0 62.2 67.2 72.6 68.6 70.8 72.1 73.2 74. 1 58.3 6.0 .8 63.1 6.5 .8 68.2 6.9 .7 64.3 6.6 .8 66.4 6.8 .7 67.8 6.9 .7 68. 9 6.9 .7 69. 8 7.0 ,6 2.8 3.1 3.3 3.1 3.2 3.2 3.3 3.3 .9 1.4 1.7 1.9 1.1 1.1 2.2 n.a. _ _ _ __ _ 464.8 495.0 530.7 507.1 516.2 524.7 536.0 546.0 Wage and salary disbursements. _ __ 311.2 333.5 357. 4 342.7 348.9 353.6 359.0 C ommodity-pr oducing industries. .125. 7 133. 9 143.9 137.4 140.8 142. 3 144.4 Manufacturing. __ __ _ _ 100.6 107.2 115. 5 110.0 113.0 114.2 116.0 Distributive industries 76.0 81.1 86.5 83.2 84.7 86.1 87.0 Service industries.. • _ • _ 49.9 54.1 58.1 55.9 56.5 57.5 58.5 Government 59.6 64.3 68.9 66.2 66.8 67.7 69.0 _•__ 368.1 148.0 118.9 88.2 59.9 72.0 Other labor income Proprietors' income Business and professional Farm_...__ __ _ __ Rental income of persons ._ ... . Dividends _ 14.8 16.5 18.2 17.1 17.5 18.1 18.4 18.9 50.8 37.8 13.0 51. 1 54. 5 39.1 40.3 12.0 14.3 51.8 39.6 12.2 51.9 39.9 12.0 54.6 40.1 14.5 55.4 40.4 15.0 56.2 40.7 15.5 17.6 15.8 18.2 17.2 18.6 18.9 18.5 17.7 18.5 18.0 18.6 18.6 18. 6 19.2 18.7 19.9 Personal interest income _ _ _ _ 31.1 34.3 37.1 35.3 36.0 36.7 37.5 38.2 Transfer payments Old-age and survivors benefits - _ State unemployment benefits Veterans' benefits Other _____ _ _ insurance .._ _— insurance 35.2 36.6 39.2 36.7 38.4 37.5 41.2 39.7 15.2 16.0 18.0 16.3 16.6 16.6 20.4 18.6 1.2.8 __ 5.0 _ _ _ _ 12.1 2.6 5.3 12.7 2.2 5.6 13.4 2.4 5.3 12.7 2.4 5.5 13.9 2.2 5.6 13.1 2.2 5.6 13.1 2.0 5.7 13.4 12.4 13.2 12.7 12.9 13.0 13.3 13.6 Less: Personal tax and nontax pay60.9 59.2 65.4 60.7 64.8 66.2 64.8 ments_ _ _ __ _ __ __ Equals : Disposable personal income _ _ - 403.8 435.8 465.3 446.4 451.4 458. 5 471. 2 65.7 480.3 - _. 383. 4 409.5 440.5 416.9 428.1 436.1 444.4 453.2 _ Less: Personal contributions social insurance.- _. _ .__ Less: Personal outlays . for 11.8 Personal consumption expendi373.8 398.9 428.7 405.9 416.9 424.5 432.5 tures . _ - 9.0 10.0 11.1 10.4 10.6 11.0 11.3 Interest paid by consumers Personal transfer payments to .6 .6 .6 .6 .6 .6 .6 foreigners _ . - .6 26.8 27.1 Addendum: Disposable personal in380.6 406.5 427.7 414.5 417.9 421.7 432.3 come in constant (1958) dollars 439.4 Equals: Personal saving. _ _ _ . 20.4 26.3 24.9 29.5 23.3 22.4 Preliminary. 441.0 11.6 15 Table 8.—Relation of Gross National Product, National Income and Personal Income [Billions of dollars] 1964 1963 1964 1965* IV Table 11.—Foreign Transactions in the National Income and Product Accounts [Billions of dollars] 1964 1965 I II III 1963 IV* 1964 1965 Less: Capital consumption allow52.8 ances Equals : Net national product. _ _ _ _ 536.5 Less: Indirect business tax and non54.6 tax liability Business transfer payments.—— 2.2 Statistical discrepancy 1 -.7 Plus: Subsidies less current surplus of .7 Equals: National income 481.1 Less: Corporate profits and inventory valuation adjustment 58.1 Contributions for social insur26.8 ance Wage .accruals less disburse.0 ments _ _ Plus: Government transfer payments 33.0 to persons __. Interest paid by government (net) and by consumers _. __ 17.5 Dividends _ _'_ _~ 15.8 2.2 Business transfer payments .__ • Receipts from foreigners. Exports of goods and services 55.7 58.7 56.9 57.7 58.3 __ __ 59.1 573.0 617.5 584.3 599.9 610.5 622.4 62.0 2.3 1.4 n 62. 9 2-3 n.a. 1.2 11 514.4 554. 7 526.3 540.6 549.5 557.9 n.a. 58.0 2.3 -.5 1.2 62.0 59.3 61.5 61.4 2.3 2.4 2.3 2.3 -.2 -2.2 -3.1 -1.4 1.2 1.5 1.4 1.3 64.5 73.1 64.9 71.7 72.0 73.5 27.8 29.5 28.4 28.9 29.2 29.6 n.a. 30.2 .0 .0 -.1 .0 .0 .0 .0 34.2 36.8 34.4 36.0 35.1 38.9 37.3 19.1 17.2 2.3 20.6 18.9 2.3 19.5 17.7 2.4 19.9 18.0 2.3 20.4 18.6 2.3 20.8 19.2 2.3 21 1 I II rv III Seasonally adjusted at annual rates Seasonally adjusted at annual rates 589.2 628.7 676.3 641.1 657.6 668.8 681.5 IV 1965 Transfers to foreigners Personal Government. Net foreign investment __ 32.4 37.0 39.0 38.4 34.7 40.4 40.1 32.4 37.0 39.0 38.4 34.7 40.4 40.1 40.8 32.4 37.0 39.0 38.4 34.7 40.4 40.1 40.8 26.4 28.5 31.9 29.5 28.6 32.4 32.7 33.9 2.8 .6 2.2 2.7 .6 2.2 2.8 .6 2.2 2.7 .6 2.1 2.6 .6 2.0 3.1 .6 2.4 2.8 .6 2.1 2.7 .6 2.1 3.2 5.8 4.3 6.2 3.4 5.0 4.7 4.1 40.8 ^ 19'. 9 Table 12. —Corporate Gross Product 23 l [Billions of dollars] 464.8 495.0 530.7 507.1 516.2 524.7 536.0 q 1964 1965 v Preliminary. 1963 Table 9.—National Income by Industry Division 1964 1965 ? [Billions of dollars] IV I II III IV Seasonally adjusted at an nual rates Transportation Communication ______ Electric, gas, and sanitary services ^V^holesale and retail trade Finance, insurance, and real estate. _ _ Services Government and government enterprises Rest of the world 19.9 9.8 10.2 73.3 53.2 54.1 64.8 3.3 17.6 19.9 17.7 17.4 20.2 20.6 32.4 34.6 33.5 34.0 34.2 34.7 154.7 169.6 158.1 166.7 167.4 170.2 61.9 *66.2 63.3 65.5 65.6 66.2 92.8 103.4 94.8 101.2 101.8 104.0 21.0 22.6 21.4 21.8 22.5 22.9 10.6 11.3 10.8 11.0 11.0 11.4 10.8 11.6 11.1 11.2 11.6 11.6 78.1 83.2 79.5 81.8 82.6 83.6 57.0 60.6 58.8 59.2 60.3 60.8 58.0 61.8 59.5 60.1 61.1 62.4 70.0 4.1 74.9 4.6 71.9 3.9 72.7 4.6 73.7 4.8 75.0 4.5 S'?' *•*' n.a. JJ'|* JJ'JJr'i" .jr?' ' ' n'^' - 32.0 34.0 36.1 32.8 34.8 37.1 Indirect business taxes plus transfer payments less subsidies [Billions of dollars] IV 1965 I II III IV Seasonally adjusted at aiinual rates All industries, total Financial institutions Mutual Stock ._ _ _ Nonfinancial corporations Manufacturing Nondurable goods Durable goods _ _ _ _ Transportation, communication, and_ public utilities All other industries p Preliminary. 16 58.1 64.5 73.1 64.9 71.7 72.0 73.5 na 7.5 1.6 5.9 8.0 1.7 6.3 8.9 8.5 8.3 8.9 9.2 na 50.6 28.7 13.2 15.4 56.5 32.1 14. 9 17.2 64.2 37.4 16.7 20.7 56.4 32.3 15.3 17.1 63.4 37.3 16.6 20.8 63.2 36.7 16.6 20.1 64.3 37.3 16.6 20.7 n.a. na n a. n.a. 9.2 12.7 10.0 14.3 10.8 16.0 10.1 14.0 10.5 15.5 10.5 16.0 11.0 16.0 n.a. n.a. n.a. 34.8 35.4 35.8 36.3 36.8 35.6 37.0 36.8 37.0 37.6 269.4 289.8 314.8 296.6 307.9 311.5 316.6 n.a. 216.3 231.2 248.4 237.7 242.8 246.3 249. 7 194.9 208.5 223.6 214.2 218.8 221.6 224.7 21.4 22.7 24.8 23.5 24.0 24.7 25.0 255.0 229.4 25.6 Net interest—-- -2.5 -2.8 -3.1 -3.0 -3.0 -3.1 -3.1 -3.2 61.9 62.9 28.1 34.8 16.5 18.3 68.1 68.2 70.0 69.6 70.1 71.2 29.5 29.8 30.1 40.0 40.3 41.1 16.5 17.1 17.8 23.5 23.2 23.2 -1. 4 -1.8 -1.2 n.a. n.a. n.a. n.a. n.a. n.a. -1.8 16.8 n.a. . _ .-- _ . _ Corporate profits and inventory Profits before tax Profits tax liability. . ___ _ _._ Profits after tax Dividends _ _.. Undistributed profits Inventory valuation adjustment-- 55.6 56.0 26.0 30.0 14.8 15.2 -.4 61.4 61.7 27.6 34.1 16.0 18.1 -.3 69.5 71.1 30.1 40.9 17.5 23.5 -1.6 -i.o 14.3 15.3 16.6 15.9 15.9 16.5 Gross product originating in 319.8 343.3 371.5 351.0 364.5 367.5 373.1 nonfinancial corporations n.a. Capital consumption allowances 1964 1964 1965 P IV* Compensation of employees Wages and salaries. _ _ Supplements financial institutions Table 10.—Corporate Profits (Before Tax) and Inventory Valujition Adjustment, by Broad Industry Groups 1963 III 334.2 358.6 388.0 367.0 380. 4 384.0 389.9 C apital consumption allowances ness 481.1 514.4 554.7 526.3 540.6 549.5 557.9 Agriculture, forestry, and fisheries..- 18.6 M ining and construction 30.1 Manufacturing 143.8 Nondurable goods __ 57.7 Durable goods ... __ 86.1 II 1965 Corporate gross product 1964 1965 P I Seasonally adjusted at annual rates 1964 1963 IV payments less subsidies _ • Income originating in nonfinancial corporations Compensation of employees . Wages and salaries Supplements ----Net interest Corporate profits and inventory valuation adjustment Profits before tax Profits tax liability Profits after tax __ Dividends _ Undistributed profits. Inventory valuation adjustment- _ Addenda: Cash flow, gross of dividends: All corporations Nonfinancial corporations _ Cash flow, net of dividends: All corporations Nonfinancial corporations. 31.2 33.1 35.2 33.9 34.6 34.9 35.4 35.9 31.4 33.3 35. 5 34.0 35.4 35.2 35.4 36.0 257.3 276.8 300.8 283.1 294. 5 297.4 302. 3 204.4 218.4 234.7 224.4 229. 4 232. 6 236.0 184.5 197.3 211.6 202.6 207.0 209. 7 212.7 19.9 21.1 23.1 21.8 22.3 22.9 23.2 5.4 5.5 5.3 5.3 4.8 5.5 5.0 n.a. 240.9 217.1 23.8 5.7 48.1 48.5 22.6 25. 9 13.8 12.2 -.4 53.4 60.6 53.5 59.8 59.4 60.8 53.7 62.1 54.4 61.2 61.2 62.0 23.6 26.4 23.9 26.0 26.1 26.3 30.0 35.7 30.6 35.2 35.1 35.7 14.7 16.0 15.2 15.1 15.6 16.4 15.3 19.7 15.4 20.1 19. 5 19.3 -.3 -1.6 -1.0 -1.4 -1.8 -1.2 n.a. n.a. n.a. n.a. n.a. n.a. -1.8 62.0 57.1 68.0 63. 2 77.0 70.9 69.6 64.5 75.5 69.8 76.0 70.0 77.3 71.1 n.a. n.a. 47.2 43.3 52.1 48.5 59.5 54.9 53.1 49.3 59.0 54.6 59.0 54.4 59.5 54.7 n.a. n.a. * .uxcmaes gross product originating in the rest of the world. v Preliminary. SURVEY OF CUEEENT BUSINESS February 1966 Table 13.—Personal Consumption Expenditures by Major Type Table 14.—Sources and Uses of Gross Saving [Billions of dollars] [Billions of dollars] 1964 1963 1964 1965 17 1965 I IV II III 1964 IV 1963 1964 1965 P Seasonally adjusted at annual rates Personal consumption expendi373.8 398.9 428.7 405.9 416.9 424.5 432.5 tures Durable goods Automobiles and parts - _ Furniture and household equipment Other . _ _ Nondurable goods Food and beverages Clothing and shoes Gasoline and oil _ _ _ ' Other _ _ Housing --_ __ Household operation Transportation Other 53.4 58.7 65.0 57.9 64.6 63.5 65.4 66.4 24.3 25.8 30.0 24.8 30. 3 29.3 30.3 30.1 21. 9 7.3 24.7 8.2 26.0 9.0 24.8 8.3 25.5 8.8 25.4 8.9 26.0 9.1 27.3 9.1 168.0 177.5 189.0 180.9 182.8 187.9 190.5 195.0 88.2 30.5 13.5 35.8 Services .. 441.0 92.3 33.3 14.0 37.8 98.4 35.1 14. 7 40.9 94.1 34.0 14.2 38.6 94.8 34. 3 14.2 39.5 97.3 35.0 14. 7 40.8 99.3 35.2 14.8 41.2 102.2 35.9 15.0 42.0 152.3 162.6 174. 7 167. 1 169.5 173.1 176.7 179.6 55.5 23.1 11.4 62.3 59.5 24.4 11.7 67.0 64.7 25.8 12.2 72.0 61.4 24.8 11.9 69.1 62.7 24.9 11.9 70.0 64.0 25.5 12.1 71.4 65.3 26.3 12.3 72.7 66.7 26.6 12.5 73.8 rv 1965 I II III IV* Seasonally adjusted at annual rates Gross private saving Personal saving. -_ Undistributed corporate profits Corporate inventory valuation adjustment _ Corporate capital consumption allowances __ -__ __ _ _ Noncorporate capital consumption allowances Wage accruals less disbursements. _ _ Government surplus on income and product account Federal State a n d local. _ _ _ _ _ _ Gross investment _ _ 89.5 101.7. 107. 7 105.3 105.3 104.4 110.0 n.a. 20.4 16.8 27.1 n.a. 24.9 25.6 29.5 20.0 23.3 25.7 22.4 25.5 26.8 25.3 -.4 -•3 -1.6 -1.0 32.0 34.0 36.1 34.8 35.4 35.8 36.3 36.8 20.8 •0 21.7 .0 22.7 .0 22.1 22.3 -.1 .0 22.5 .0 22. 8 .0 23.1 •0 1.2 -2.4 2.5 4.7 4.9 -.7 n.a. 3.6 1.1 3.8 -2.9 1.1 2.2 n.a. n.a. .3 -3.8 .9 1.4 90.0 Gross private domestic investment __ 86.9 3.2 Net foreign investment Statistical discrepancy 26.3 19.9 -.7 •8 .7 -1.1 1.9 1.7 -1.4 -1.8 -1.2 -1.8 98.7 109.9 103.9 106.8 107.8 110.9 114.5 92.9 105.7 5.8 4.3 110.3 4.1 -.5 97.7 103. 4 102.8 106.2 3.4 6.2 5.0 4.7 -.2 -2.2 -3.1 -1.4 1.4 n.a. p Preliminary. The Federal Program for Fiscal 1967 Rise in education and poverty grants needy young people remain in high school. Emphasizing the continuing imMany other smaller grant programs portance of Great Society programs in in the fields of health, urban renewal, (Continued from page 8) the budget, grants-in-aid to State and and welfare are also scheduled to local governments are slated to rise increase. On the other hand, the large diagnostic checks even where no hos- by nearly $2 billion in fiscal 1967. public assistance and highway propitalization is required, and many other Educational assistance and economic grams, which have risen rapidly until benefits. It is estimated that about 15 opportunity programs account for over recently, show only small increases in million persons, or 80 percent of the half the increase. Grants for education 1967. aged, will sign up by April 1 of this, are up almost $1 billion on balance, a Net interest paid is projected to reflection of recent legislation enacted to year for the supplementary plan, which increase $% billion, one of the larger aid elementary, secondary, vocational, will be financed by matching premium and higher education. Partially off- increases in recent years. The rise payments of $3-per-rnonth by individ- setting the increases are projected cuts results mainly from the higher cost of uals and the government. The pre- in the school milk program and in aid refinancing the large volume of shortmium payments begin July 1. to schools in federally impacted areas. term public debt at current interest The rest of the increase in transfer The $K billion projected advance in rates. Among the other Federal expenditure payments is chiefly for regular old-age, economic opportunity grants will be categories, subsidies are expected to survivors, and disability pensions, which used to further major goals of the war increase moderately because of higher are estimated to rise $1 billion in fiscal on poverty. An estimated 1 million expenditures under programs for wheat 1967. Recent legislation made it easier young people from poor families will and cropland adjustment. The cropto qualify for Social Security and receive assistance in 1967 through full land adjustment program is new and liberalized the benefits for widows, academic year preschool classes in combines cropland diversion with instudents, and the disabled. Other in- Project Headstart, vocational training centives to shift land to more desirable creases are scheduled for military and in the Job Corps, and the Neighborhood uses. Foreign transfers, despite some Federal civilian pensions and for gov- Youth Corps, which will provide work increases in aid to Vietnam, are unernment life insurance payments. and offer training programs to help changed on balance. 18 SURVEY OF CURRENT BUSINESS HISTORICAL, REVISED BASIS February 1966 Table I.— Gross National Product by Sector: Annually, 1929-64, and (Billions of dollars) 1929 Line 1 1930 1931 1932 1934 1933 1935 1936 1937 1939 1938 1940 1941 1942 1943 1944 Gross national product _ _ - __ __ __• 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 2 Private 1 Business * _ _ __ 3 4 Nonfarm !_ . _ _ _ • _ __ _ __ 5 Farm Households and institutions. _. _ __ __' 6 98.8 95.1 85.4 9.7 2.9 85.8 82.4 74.8 7.7 2.7 71.2 68.3 62.0 6.3 2.3 53.6 51. 3 46.8 4.5 1.9 50.9 48.9 44.3 46 1.7 59.5 57.4 52.7 4 7 1.8 66 3 64. 1 57.1 70 1.9 75 2 72.9 66. 5 6 4 2.0 83 5 81 0 72.7 83 2.3 77 0 74 5 67 9 66 2.2 82 9 80 3 74.0 63 2.3 91 9 89 1 82 6 65 2.4 115 1 112 2 103 3 89 2.5 142 8 139 5 126 5 13 0 2.9 166 0 162 4 147 2 15 3 3.2 177 9 173 8 158 5 15 3 3.7 4.3 4.5 4.7 4.4 4.7 5.6 5.9 7.3 6.9 7 6 76 78 9 4 15 1 25 6 32 2 8 General government 1948 1947 1 Gross national product Private1 .__ Business * l Nonfarm _ Farm _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Households and institutions Rest of the world _ __ General government __ _- - 2 3 4 5 6 7 8 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 5 206.0 200 6 179. 3 21.3 46 .8 17.6 210.5 204 6 186.1 18.5 5.1 .8 17.1 215.9 209. 7 189.7 20.0 5.4 .8 15.9 225.9 219 6 198.5 21.1 5.4 .9 16.2 231. 5 225 3 203.9 21.4 5.3 .9 16.5 238.7 232. 2 207.5 24.7 5.5 1.0 16.9 244.8 238 0 213.8 24.2 5.8 1.0 17.7 245.3 238 6 215.8 22.8 5.7 1.0 18.6 239.5 232 7 213. 2 19.5 5.8 1.0 19.0 236. 0 229 1 210.2 18.9 59 1.0 19.2 237.5 230 7 212.5 18.2 58 1.0 19.6 235.0 227 9 209. 5 18.4 6.2 .9 20.0 246. 2 238 9 220 0 18.9 63 10 19.8 255.5 248 1 229 1 19.0 63 11 19.9 272.1 264 4 244 1 20.3 64 13 21.0 281 6 273 6 252 0 21 6 6 7 13 22 9 II III IV 1956 1 Gross national product- _ _ _ _ _ Private 1 1 _ Business _1 _ _ _ _ _ _ _ _ Nonfarm Farm Households and institutions Rest of the world General government 1 __ _ 19 58 19 57 II III 410.6 416. 2 420.6 375.1 363.5 345.1 18.4 9.5 2.1 35.5 380.0 368.3 350.0 18.3 9.6 2,1 36.2 383. 5 371.5 352.7 18.8 9.9 2.1 37.1 I 2 3 4 5 6 7 g 1950 1949 II III IV I 434. 7 438.3 451.4 464.4 474. 0 486.9 484.0 490.5 394.0 381.1 360.1 21.0 11.0 1.9 40.7 396.6 383.0 362 1 20.9 11.6 2 0 41.7 408.6 395.0 374 2 20.8 11.5 21 42.8 421.1 407.4 386 7 20.7 11.6 21 43.3 430.4 416.6 396 0 20 6 11.7 21 43.6 442 8 428.7 409 0 19 7 12.1 2 0 44.1 439.5 425.1 406 1 19 0 12.3 21 44.5 445 5 430.3 411 0 19 3 12.7 2 5 45 0 III IV I 439. 9 446.3 441.5 401.0 388.2 370.1 18.1 10.4 2.4 38.9 406.6 393.6 374.9 18.7 10.7 2.3 39.7 401. 7 389.0 370.1 18.9 10.7 2.0 39.8 I II 429.5 436.9 391. 9 379.7 360.9 18.8 10.2 2.0 37.6 398.7 386. 4 368.4 18.0 10.2 2.1 38.2 IV 1959 GNP originating in government enterprises (e.g., the Tennessee Valley Authority) is included in the nonfarm business sector. Table 2.-—Gross National Product by Sector in Constant Dollars: Annually, (Billions of 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 __ 203.6 183.3 169.2 144.1 141.5 154.3 169.6 193.0 203.3 193.0 209. 4 227. 2 263.7 297.8 337. 2 361.3 __ __ . 190.9 182.1 165.1 17.0 7.4 1.4 12.7 170.0 161.3 145. 2 16.1 7.1 1.6 13.3 155.7 147.6 129.1 18.5 6.6 1.4 13.5 130.9 123. 7 105.7 18.0 6.0 1.3 13.2 138.3 131.1 116.5 14. 6 6.2 1.0 16.0 152.4 144.9 128.4 16.5 6.4 1.1 17.1 173.1 165. 4 150.5 14.9 6.8 1.0 19.9 184.3 176.4 158.5 17.9 7.1 .8 18.9 172.6 164.6 146.8 17.8 6.8 1.1 20.4 188.7 180.7 162.5 18.2 205. 6 197.0 179.6 17.5 236.6 228.1 209.3 18.8 257.3 248.7 228.0 20.6 272.9 264.9 245.4 19.6 286.9 278.9 259.5 19.4 .9 20.6 1.0 21.6 .9 27.2 .8 40.5 .8 64.3 .9 74.4 Line 1 Gross national product. _ 2 Private1. l 3 Business ] 4 Nonfarm _ _ Farm __ _ _ 5 6 Households and institutions 7 Rest of the world 8 General government--. _ _ _ 127. 5 120. 5 J03. 0 17.5 5.7 1.2 14.0 1947 1 2 3 4 5 6 7 8 Gross national product. _ _ __ Private 1 l Business , __• Nonfarm i_ _. Farm __ __ Households and institutions Rest of the world. General government __ _ _ _ _ _ I II III IV I II III IV I II 306.4 309.0 309.6 314.5 317.1 322.9 325.8 328.7 324.5 322.5 276 7 268.4 249.3 19 1 7.1 1.2 29 7 2,80.2 271.4 255.3 16 1 7.7 1.1 28 8 281.4 272.6 256.0 16.6 7.8 1.0 28 2 286.9 278.4 262.4 16.0 7.5 1.0 27 6 289.4 280.4 263.2 17 2 7.8 1.2 27 7 294.6 285.5 265.7 19 8 7.9 1.2 28 3 296. 7 287.6 269.5 181 8.0 1.1 29.1 299. 1 290.0 269.2 20.8 7.9 1.2 29.6 294.4 285.1 267.2 17.9 8.0 1.3 30.1 292.2 282.8 264.8 18.0 8.1 1.3 30.3 1 2 3 4 5 6 7 8 1 Gross national product Private1 Business * x Nonfarm Farm. _ _ Households and institutions Rest of the world General government I II III TV 443.6 445 6 444 5 450 3 402 7 390 1 368 5 21 6 10 5 21 40 9 404 4 391 9 371 9 20 0 10 5 20 41 2 403 1 390 4 370 1 20 3 10 7 20 41 4 408 7 396 0 374 7 21 3 10 8 19 41 6 I II III IV 326. 1 323.3 339. 6 348.5 362.8 370.1 296.0 286.7 268.1 18.6 8.0 1.3 30.1 293.6 283.9 264.5 19.4 8.6 1.1 29.7 310.5 300.7 280.0 20.7 8.7 1.1 29.1 318.8 308. 9 289.4 19.5 8.6 1.3 29.7 331.2 321.1 302.6 18.5 8.6 1.5 31.6 336.0 326. 0 307.2 18.8 8.7 1.3 34.1 II III IV 1959 II III IV 448.2 437. 5 439.5 450.7 461.6 468.6 479.9 475.0 480.4 406.5 393 g 373 3 20 3 10 9 20 41 7 395.9 382 8 361 6 21 2 11.2 19 41 6 397.5 383 8 363 5 20 3 11.7 2 0 42. 0 408.3 394.7 374.1 20.6 11.5 2.1 42.4 419.1 405. 5 384.3 21.2 11.4 2.2 42.5 426.2 412.6 391.1 21.5 11.5 2.1 42.4 437.5 423.8 403.0 20.8 •11.7 2.0 42.4 432.4 418.4 398.0 20.4 11.8 2.2 42.6 437.7 423.2 401.5 21.7 12.0 2.5 42.7 III IV 453 4 453 2 455 2 411 398 378 20 10 2 41 411 2 398 0 377 7 20 3 10 9 2 3 42 0 413 0 399 8 380 1 19 7 11 0 22 42 2 GNP originating in government enterprises (e.g., the Tennessee Valley Authority) is included in the nonfarm business sector. I I II 6 7 o 7 9 o 8 IV III 1958 1957 1956 1950 1949 1948 •I SURVEY OF CURRENT BUSINESS February 1986 19 Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-64 (Billions of dollars) 256.5 240. 1 233.5 210.2 23.3 5.6 1.0 17.4 237.0 230. 1 211.4 18.8 5.9 1.0 19.4 187.7 182.7 163.9 18.8 4.5 .6 20.8 III II 398.0 419.2 332.4 322.7 303. 1 19.6 8.1 1.6 32.5 363.8 352.9 334.1 18.8 9.1 1.8 34.2 382. 6 370.8 352.2 18.6 9.8 2. 1 36.6 IV I III II IV I II 1960 1961 1962 1959 441.1 447.3 483.6 503.8 520.1 560.3 589.2 628.7 1 402.0 389.3 370.9 18.4 10.5 2.2 39.1 405.2 391.7 370.9 20.8 11.4 2.0 42.1 439. 3 425.0 405.3 19.6 12.2 2.2 44.3 456.3 440.7 420.2 20.5 13.2 2.4 47.5 469.2 452.3 431.4 20.9 14.0 2.9 50.9 505.7 487.4 466.2 21.2 15.0 3.3 54.7 531.0 511.7 490.1 21.6 16.0 3.3 58.2 565.8 544. 5 524. 1 20.4 17.3 4.1 62.9 2 3 1954 III IV II I 1963 rv III I III IV 408.8 1 373. 9 362.3 343.9 18.4 9 7 1.9 34.9 2 3 4 5 325.8 332.8 336. 9 339.5 339.1 345. 6 357.7 364.2 367.5 365.8 360.8 360.7 360.4 364.7 373.4 386.2 394.4 402.5 299.0 290.8 267.9 22.9 6 1.4 26.8 304.3 296.1 273.2 22.9 307.8 299.3 276. 0 23.3 309.2 300.9 279.1 21. 8 308.1 299.7 277.3 22.4 314.0 305.3 281. 5 23.8 326.0 317.3 296.7 20.6 332.4 323.6 302.8 20.8 335.4 326.2 306.0 20.2 333. 9 324.7 304. 8 19.9 328.8 319.6 299. 1 20.5 328.1 318.7 299.5 19.2 332.0 322.3 302. 6 19.7 360.2 349. 7 330.7 19.0 368.0 357.0 338.4 18. 6 1.3 30.3 1.3 31.0 1.3 31.6 1.3 31.7 1.3 31.8 1.4 32.1 1.2 31.9 340.4 330. 0 311.0 19.0 8(* 1.8 33.0 353.0 342.6 323.5 19.1 1.5 29.1 328.9 319.8 299.5 20.3 7 0 1.3 31. 9 25,1 R Q 0 1.3 28.5 IV I II III 503.0 504.7 504.2 503.3 457.0 442.0 423. 0 19. 0 12.7 2.3 46.0 457.7 442.3 421.6 20.7 13.1 2.3 47.0 456.1 440. 3 419.3 21.0 13.5 2.3 48.1 454.5 438.2 417.0 21.2 13.7 2.6 48.8 7 7 1.5 31.9 7 I 0 0 Q 9 1.7 34.2 1.8 34.5 (* 1.8 33.2 Q IV I II 7 8 19 54 1963 III II 1 1.6 32.7 rv I II rv II III 503.6 514.9 524.2 537. 7 547.8 557.2 564.4 572.0 577.0 583.1 593.1 603.6 614.0 624.2 634.8 641.1 1 454.1 437.4 415.8 21.6 13.8 2.9 49.5 464.6 448. 1 427.6 20.5 13.7 2.8 50.3 473.0 456.0 435.5 20.5 13.9 3.1 51.2 485.1 467. 6 446.7 20.9 14.5 3.0 52.6 494.0 476.4 454.9 21.5 14.6 3.0 53.8 502.8 484.9 463. 4 21.5 14.7 3.2 54.4 509. 6 491.2 470.2 21.0 15.2 3.2 54.8 516.3 497.1 476.3 20.8 15.5 3.7 55.7 520.2 501.2 479.4 21.8 15.6 3.4 56.8 525.5 506.4 484.9 21.5 15.8 3.3 57.6 534.7 515.1 493.5 21.6 16.3 3.3 58.4 543. 6 524.0 502.6 21.4 16.3 3.3 60.0 552.7 532. 0 511. 4 20.6 16.5 4.2 61.3 562.0 540.6 520. 2 20.4 17.3 4.1 62.2 571.2 549. 4 529. 1 20.3 17.7 4.1 63.6 576.6 555.2 534. 8 20.4 17.5 3.9 64.5 2 3 4 5 6 7 8 1959 I IV 0 Q 1.5 32.3 1962 19 61 19 60 O A 4 5 6 7 8 II 318.0 Q 1964 19 55 292.9 284.9 262. 6 22.3 6 1.1 Line 1958 1957 1953 1952 1951 I 364.8 364.6 332.7 323.6 303.3 20.3 7.8 1.3 31.9 301.0 292.8 269.9 22.9 6.9 1.3 27.4 257. 6 214.6 208.6 188.5 20.2 5.1 .8 16.7 208.5 176.9 172.4 156.5 15.9 4.1 .4 35.2 1956 314.3 305.8 283.7 22.2 7.2 1.3 31.2 328.4 263.9 256.3 236.3 20.0 6.4 1.2 20.9 231.3 212.0 1955 345.5 284.8 1950 1947 1954 1952 1949 1946 1953 1951 1948 1945 III III 1929-64, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-64 1958 dollars) 1946 1947 355.4 312.6 309.9 282.6 274.8 256.6 18.1 7.1 .8 72.8 275.1 267.0 248.6 18.5 7.1 .9 37.5 281.4 272. 8 255.8 17.0 7.5 1.1 28.6 1945 1948 1949 1950 1951 1952 323.7 324.1 355.3 383.4 395.1 412.8 295.0 286. 0 267.0 19.0 7.9 1.2 28.7 294. 1 284.7 266.2 18.4 8.2 1.2 30.1 324.2 314.2 294.9 19.4 8.7 1.3 31.1 344.6 334.5 316.2 18.4 8.8 1.2 38.8 353.2 343.2 324.2 19.0 8.8 1.2 41.8 371.1 360.7 340.7 20.0 9.1 1.3 41.7 1951 1953 1954 1955 1956 1957 1958 407.0 438.0 446.1 452.5 447.3 475.9 487.8 497.3 530.0 550.0 577.6 1 366.2 355.4 335.0 20.4 9.2 1.6 40.9 397.2 385. 4 364.4 20.9 10.1 1.8 40.7 404.8 392.2 371.4 20.8 10.6 2.0 41.3 410.5 397. 5 377.2 20.3 10.9 2.1 41.9 405.2 391.7 370.9 20.8 11.4 2.0 42.1 433.4 419.5 398. 4 21.1 11.7 2.2 42.5 444.1 429.6 407.7 21.9 12.2 2.3 43.7 452.5 437. 1 414.9 22.2 12.4 2.9 44.8 483.1 466.8 444.8 22.1 12.9 3.4 46.9 502.2 485.7 462.8 22.9 13.2 3.3 47.8 *" 528.5 510.9 488.6 22.3 13.6 4.0 49.1 2 3 4 5 6 7 8 III IV 1952 1953 1960 1961 1962 1963 1964 Line 1955 1954 II III rv I 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 1 337.9 327.8 310.6 17.2 9.0 1.1 36.9 342.8 332.7 314.6 18.1 8.8 1.3 38.7 349.0 339.0 319.6 19.4 8.8 1.2 39.7 348.5 338.5 319.6 18.9 8.7 1.3 40.2 349.8 339.9 322.0 17.9 8.7 1.2 41.6 348.0 338.0 319. 1 18.9 8.8 1.2 41.6 351.8 341.7 321. 4 20.3 8.9 1.2 42.1 363.2 353.2 334.2 19.0 8.8 1.2 42.1 370.2 360.0 340. 4 19. 6 9.0 1.2 41.9 374.7 364.1 344.3 19.8 9.2 1.4 41.7 372.0 361.5 341.7 19.8 9.3 1.2 41.7 367.5 357. 2 336.4 20.8 9.0 1.3 41.3 362.0 351.6 331.3 20.3 8.9 1.5 40.9 361.3 350. 8 331.2 19.6 9.0 1.5 40.8 366.3 355.7 334.9 20.8 9.1 1.5 40.9 374.8 363.3 342.1 21.2 9.8 1.7 40.9 387.3 376.0 355. 5 20.5 9.5 1.8 40.7 394.9 383.4 363. 0 20.4 9.9 1.6 40.5 401.3 389.2 368. 4 20.8 10.3 1.8 40.8 405.5 392. 9 370.9 22. 0 10.8 1.8 40.9 2 3 4 5 6 7 8 III IV I 1960 IV I III II IV II 196,2 1961 III IV I II 1964 1963 I II III IV I II III IV I II III rv 490.2 489.8 487.4 483.8 482.7 492.9 501.6 511.9 519.7 527.9 533.6 538.5 447.0 432.9 412.1 20.8 11.9 2.2 43.2 445.9 431.4 409.3 22.1 12.2 2.3 43.9 443.6 428.9 406. 3 22.6 12.4 2.3 43.8 439.9 425.1 402.8 22.3 12.3 2.5 43.9 438.5 423.0 400.7 22. 3 12.6 2.9 44.2 448.5 433.4 411.2 22.2 12.3 2.8 44.4 456.7 441.3 419.4 21.9 12.3 3.1 44.9 466.1 450.5 428.2 22.3 12.6 3.0 45.8 473.1 457.2 435.0 22.2 12.9 3. 0 46.6 481.0 465.0 442.2 22.8 12.7 3.3 46.9 486.5 470.2 448.6 21.6 13.0 3.3 47.1 I 491.5 474.7 453.2 21.5 13.0 3.8 47.0 I II III 541.2 544.9 553.7 493.9 477.3 454.6 22.7 13.1 3.5 47.3 497.2 480.8 457.6 23.2 13.1 3.3 47.7 505.6 488.9 466.2 22.7 13.4 3.3 48.1 IV- 560.0 511.8 495. 4 472.5 22.9 13.1 3.3 48.2 I II 567.1 575.9 582.6 584.7 1 518.7 501. 4 479.7 21.7 13.2 4.1 48.4 527.0 509.3 486. 7 22.6 13.6 4.1 48.9 533.2 515. 3 492.7 22.6 13.9 4.0 49.4 535.0 517.6 495. 2 22.4 13.6 3.8 49.7 2 3 4 5 6 7 8 (Descriptive material on page 24) REVISED SERIES: Manufacturing and Trade Total and Retail Sales—Adjusted [Millions of dollars] 1_ 59 Jan. 19(50 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June Manufacturing and trade 57, 539 58, 411 59, 352 60, 448 61, 431 61, 128 60 985 58 989 58 945 58 644 58 328 60 411 61 718 61 052 60 928 61 445 60 642 60 478 Retail trade, total 17, 598 17, 393 17,870 17 873 18 054 18 207 18 184 18 316 18 136 18 188 17 694 17 650 18 141 17 831 18 186 18 644 18 349 18 351 5,843 5,850 6,023 6,050 6,063 6,143 6 170 6 299 5 994 6, 078 5 482 5 473 5 957 5 946 5 869 6 128 6 000 5 930 3,221 3,016 3, 261 3,054 3,334 3,122 3, 347 3,128 3,383 3,172 3,425 3,216 3 492 3,283 3 598 3,379 3 284 3,069 3 435 3,219 2 868 2, 646 2 771 2,556 3 332 3, 112 3 409 3,192 3 387 3,175 3 458 3,237 3 390 3, 175 3 307 205 207 212 219 211 209 209 219 215 216 222 215 220 217 212 221 215 215 885 835 909 919 934 952 929 930 951 917 918 928 907 852 894 922 898 893 945 978 994 1,018 1,009 996 984 977 989 961 942 1,011 960 965 897 964 946 959 11, 755 11,543 11, 847 11,823 11, 991 12,064 12, 014 12 017 12 142 12, 110 12 212 12 177 12 184 11, 885 12,317 12 516 12,349 12 421 1, 047 4,300 3,816 1,864 1,256 1,359 581 1, 084 4,009 3,546 1,919 1, 266 1,370 570 1,083 4,289 3,829 1,913 1,256 1,380 586 1,092 4,265 3,806 1,931 1,273 1,383 589 1,126 4,332 3,868 1,941 1, 289 1,391 592 ,121 ,346 ,878 ,972 ,308 ,392 599 1,096 4,318 3,853 1, 948 1,310 1,405 599 1,095 4,329 3 863 1,935 1,318 1, 404 603 1,112 4,381 3,917 1,965 1,323 1,413 610 1, 108 4,356 3, 887 1,979 1, 326 1,426 610 1,126 4,370 3,900 1,991 1, 330 1,450 605 1,121 4,430 3,952 1,977 1, 354 1,421 605 1, 148 4,373 3,908 1,995 1,333 1,436 627 1,129 4,117 3,663 1, 983 1,319 1,421 626 1, 125 4,459 4,003 1,994 1,312 1, 460 616 1,162 4,525 4,075 2,048 1,347 1,472 617 1,122 4,504 4,053 1,962 1,350 1,460 623 1,137 4,514 387 388 393 388 394 398 399 401 402 401 394 399 391 403 401 406 401 410 Durable goods stores. ___ Automotive group ~ Passenger car, other auto dealers. Tire, battery, accessory dealers. Furniture and appliance group. Lumber, building materials hardware group. Nondurable goods stores Apparel group ._ Food group--Grocery stores General merchandise group. Eating and drinking places _ Gasoline service stations. ___ Drug and proprietary stores. Liquor stores - Retail trade, total Durable goods stores _ Automotive group Passenger car, other auto dealers. Tire, battery, accessory dealers. Furniture and appliance group. Lumber, building materials, hardware group. Nondurable goods stores Apparel group Food group - -- — - Grocery stores General merchandise group . Department stores Eating and drinking placesGasoline service stations Drug and proprietary stores. Liquor stores 64, 206 63,727 64,996 65, 171 65,244 64, 680 4,067 1,988 1,353 1,464 621 19 33 M162 Manufacturing and trade _ 3,092 65, 079 65, 263 65 308 65,416 66, 198 65,494 20, 251 19, 094 18, 696 19, 338 19 429 19 612 19 401 19, 600 19 677 19 901 20, 019 20, 160 5,933 3,363 3, 138 5,946 3,450 3,225 6,148 3,576 3,350 6,056 3,488 3,262 6,213 3,594 3, 367 6,121 3,525 3, 313 6,240 3,626 3,407 6, 218 3,578 3, 360 6,221 3,553 3,327 6,326 3,690 3,463 6,395 3,738 3,505 6,423 3,717 3, 483 66, 496 67, 127 67,508 67, 547 68, 050 20 353 19, 868 20,411 20, 332 20, 202 20, 553 6,552 3,848 3,616 6,445 3,813 3,588 6,526 3,797 3, 573 6,554 3,825 3, 597 6,422 3,723 3,500 3,693 66,042 6,644 3,931 225 225 226 226 227 212 219 218 226 227 233 234 232 225 224 228 223 238 904 818 883 875 893 888 893 918 930 927 922 928 938 881 936 940 947 944 921 923 935 927 940 929 940 923 932 915 919 932 929 914 935 941 921 937 13,161 1,161 4,808 4,367 2,199 12,750 1,141 4,481 4,044 2,157 13, 190 1,183 4,789 4,348 2,212 13,373 1,205 4,833 4,390 2,273 13,399 1,194 4,842 4 401 2,287 13,280 1,126 4,877 4,438 2,210 13,360 1,173 4,828 4,388 2, 268 13,459 1,167 4,886 4,443 2,276 13, 680 1,200 4,958 4,514 2,342 13,693 1,168 5,053 4,613 2,318 13,765 1,196 4,983 4,537 2,354 13,828 1,212 4,982 4,537 2,348 13,801 1,189 4,966 4,525 2,334 13,423 1,177 4,641 4,201 2,319 13,885 1,197 4,975 4,536 2,408 13,778 1,163 4,973 4,534 2, 361 13,780 1, 155 4,999 4, 546 2,341 13,909 1,418 1,529 669 446 1,408 1,526 666 448 1,420 1,540 669 441 1,434 1,546 672 447 1,450 1,548 673 449 1,448 1,551 674 445 1,440 1,544 671 450 1,470 1,554 672 461 1,484 1,571 659 460 1,475 1,568 664 461 1,488 1,562 684 463 1,500 1,598 677 461 1,481 1, 625 670 467 1,491 1,597 688 464 1,514 1, 608 683 470 1, 524 1,597 677 470 1,513 1, 592 681 474 1, 519 1,593 679 475 Apr. May June 1,174 4,996 4,552 2,416 Manufacturing and Trade Total and Retail Inventories—-Adjusted [Millions of dollars] 19(50 1<)59 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Manufacturing and trade _ 87, 214 87, 577 88, 022 89, 190 89, 784 90, 607 91, 218 91, 183 90, 797 90, 874 90, 745 91, 964 92, 664 93, 749 94, 540 94, 572 95, 134 95,307 Retail trade, total.- 24, 353 24, 459 24, 447 24, 937 24, 988 25, 255 25, 508 25, 632 25, 407 25, 657 25, 187 25, 305 25, 605 26, 013 26, 488 26,339 26,643 26,716 10, 601 10,667 10, 782 11, 057 11, 176 11, 340 11, 533 11,549 11, 348 11, 614 11,043 11,029 11,333 11,665 11,817 11,826 11,952 12,011 4,036 Automotive group. Furniture and appliance 1, 903 group Lumber, building materials, hardware group.. . 2,375 4,068 4,166 4,405 4,505 4,618 4,763 4,752 4,520 4, 781 4, 182 4, 105 4,403 4,711 4,862 4,889 5,005 5,064 1,904 1 901 1 899 1 902 1 917 1 930 1 937 1 945 1 951 1,965 1,983 1 978 1, 998 1,999 2, 017 2,014 2,030 Durable goods stores Nondurable goods stores Apparel group _ __ Food group „_ General merchandise group- 2,365 2,378 2,394 2,397 2,402 2,426 2,426 2,416 2,422 2,418 2,435 2,451 2,461 2,439 2,423 2,435 2,430 13,752 13,792 13,665 13,880 13,812 13,915 13,975 14,083 14,059 14,043 14, 144 14,276 14,272 14,348 14,671 14,513 14,691 14,705 3,045 2,944 3,922 3, 049 2,928 3,930 3, 005 2,907 3, 918 3,098 2,938 3, 978 3,064 2,945 3, 958 3 145 2,950 3,981 3,133 2,975 4,026 3 212 2 962 4, 073 3 160 2, 978 4,072 3 119 2 977 4,052 3,165 2,975 4,113 3,194 2,984 4,198 3,147 3, 024 4,196 3,203 3,034 4, 234 3,312 3,079 4,290 3,198 3,097 4,240 3,270 3,112 4,287 3, 243 3,106 4,332 19 63 1£ 62 Manufacturing and trade _. _ 96,079 96,555 97,056 97,275 97,867 98,331 98,658 98,825 99,291 99,747 99,845 100,271 100,529 100,740 100,986 101,369 101,598 102,026 Retail trade, total 26,332 26,535 26,676 26,793 26,965 27,121 27,286 27 330 27 493 27 747 27,729 27,938 28,060 28,138 28,231 28,279 28,336 28,457 11,028 11,057 11,055 11,174 11,234 11 240 11,360 11 414 11 510 11 641 11 627 11,656 11 649 11,748 11,777 11,712 11,714 11,779 4,460 1,870 4,487 1,888 4,465 1,893 4,534 1,921 4, 569 1,910 4,552 1,905 4,635 1,922 4,651 1, 922 4,737 1,940 4, 882 1,944 4,853 1,970 4,904 1,983 4,918 1,992 5,016 1, 987 5,042 1,990 5,007 1,984 4,997 1,983 5,017 2,013 2,312 2,302 2,332 2,343 2,348 2, 362 2,370 2, 375 2,370 2,360 2,336 2,310 2,308 2,315 2,315 2,308 2,317 2,314 Nondurable goods stores 15,304 15,478 15,621 15,619 15,731 15,881 15,926 15,916 15,983 16,106 16,102 16,282 16,411 16,390 16,454 16,567 16,622 16,678 Apparel group Food group General merchandise group. Department stores 3,248 3,301 4,519 3,284 3,336 4,555 3, 297 3 351 4,617 3,337 3 330 4,625 3,355 3 366 4,671 3,426 3 368 4,728 3,426 3 364 4,764 3 415 3 378 4,776 3 402 3 439 4,785 3 437 3 426 4,873 3,448 3 424 4,849 3,523 3 449 4,957 3,488 3 488 5,017 3,478 3 492 5, 057 3, 492 3,515 5,056 3,474 3,602 5, 090 3,487 3,613 5, 113 3, 458 3,720 5,094 Durable goods stores Automotive group __ _ Furniture and appliance group. Lumber, building materials, hardware group. 20 Manufacturing and Trade Total and Retail Sales—Adjusted [Million of dollars] 1961 19 60 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Manufacturing and trade 60, 287 59,819 60, 069 60,006 59, 260 59, 337 58, 421 58,290 59, 427 59, 295 60,113 60, 698 60, 609 61,536 61,778 62,284 62,912 63,546 Retail trade, total 18, 151 18, 273 18, 118 18, 384 18, 165 17,940 17, 932 17,560 18, Oil 17, 892 18, 125 18, 051 18, 270 18,359 18, 459 18, 546 18,794 18,863 5 359 5, 424 5,391 5,466 5,498 5,623 5,666 5,711 5,672 5, 873 5,891 2,951 2,758 3,Q03 2,805 3, 025 2,818 3,119 2,907 3,146 2,925 3,218 3,003 3,146 2,929 3,335 3,118 3,305 3, 090 Durable goods stores 5,733 Automotive group Passenger car, other auto dealers. Tire, battery, accessory dealers. Furniture and appliance group. Lumber, building materials hardware group. Nondurable goods stores Apparel group Food group Grocery stores _ _ - - General merchandise group. Eating and drinking places. Gasoline service stations.. ._ Drug and proprietary stores. Liquor stores 5, 840 5,840 3,141 2,934 3,294 3,091 3,311 3,103 5,788 5,676 5,575 3, 196 2, 993 3,119 2, 918 3,082 2,875 5,454 2, 981 2,782 2, 966 2,770 2,933 2,735 207 2Q3 208 203 201 207 199 196 198 193 198 207 212 221 215 217 217 215 886 886 859 883 874 831 837 768 857 861 873 860 868 888 879 877 884 906 936 933 904 925 914 901 904 897 925 887 876 884 902 911 891 905 909 939 12,418 12, 433 12, 278 12, 596 12, 489 12,365 12, 478 12 201 12, 587 12, 501 12, 659 12,553 1,127 4,530 4,081 1,975 1, 344 1,474 625 1,137 4,547 4,103 1,998 1,343 1,464 628 1, 126 4,425 3, 991 1,974 1,338 1,465 633 1 141 4 587 4,136 2,045 1,356 1,472 640 1 101 4 643 4,186 1, 978 1,353 1,464 628 1 090 4 524 4,081 1,979 1,344 1,486 625 1 112 4 602 4,155 1,987 1,364 1,468 625 1 118 4 333 3 877 2,014 1,348 1,467 629 1 129 4 665 4, 204 2, 031 1,374 1,477 634 1 092 4,645 4,192 2, 010 1,362 1, 475 635 1 121 4,734 4,287 2,050 1,359 1,491 633 414 408 408 409 412 401 414 410 409 411 407 12, 647 12, 693 12, 748 12, 874 12, 921 12, 972 1 132 1,142 4, 664 4,606 4,155 4,216 2,070 2,068 1,353 1,363 1,502 1,497 642 649 1, 136 4,674 4,225 2,096 1,365 1,514 645 1,118 4,742 4,297 2,105 1,387 1, 513 647 1,164 4, 734 4,287 2,151 1,392 1,520 655 1,167 4,701 4,262 2,166 1, 415 1, 521 670 1,144 4,763 4,326 2,166 1,418 1, 515 681 407 406 409 412 419 415 408 1963 1964 Manufacturing and trade 69 260 68 172 68 065 69 001 68 582 69 965 71 019 70 gIS 70 714 71 851 72 586 72 212 73 630 73 203 73 459 72 180 73 420 76 253 Retail trade, total 20, 735 20,588 20, 462 20 833 20 802 20 958 21 027 21 333 21 288 21 456 21 703 21 798 21 872 22 265 22 355 21 432 21 710 22 757 Durable goods stores . _ 6, 697 Automotive group 3 929 Passenger car, other 3,693 auto dealers. Tire, battery, accessory 236 dealers. Furniture and appliance 989 group. Lumber, building mate939 rials, hardware group. 6,550 3 794 3,563 6,515 3 721 3,490 6 896 4 013 3,775 6 709 3 836 3,598 6 745 3 945 3,697 6 785 3 962 3,720 7 076 4 162 3,922 6 872 3 930 3,681 6 927 4 026 3,784 7 088 4 107 3,862 6 988 3 984 3,738 7 000 4 032 3,791 7 294 4 314 4,071 7 518 4 562 4,322 6 439 3 513 3,' 276 6 622 3 694 3, 436 7 567 4 593 4,351 Nondurable goods stores Apparel group Food group Grocery stores . __ General merchandise group. Department stores Eating and drinking places. Gasoline service stations... Drug and proprietary storesLiquor stores _. _ ._• 231 231 238 238 248 242 240 249 242 245 246 241 243 240 237 258 242 949 979 1,037 1,005 1,014 1,012 1,014 1, 084 1,105 1,079 1,098 1,091 1,092 1, 105 1, 095 1, 109 1, 138 971 950 955 966 916 932 976 928 895 943 963 931 924 941 952 958 962 14,038 1,188 5,104 4, 641 2,426 14,038 1 205 5,017 4,571 2,449 13,947 1 198 4 961 4,523 2,431 13,937 1 142 5 052 4, 610 2,366 14,093 1 188 5 136 4 688 2,414 14,213 1 219 5 037 4 589 2,494 1,520 1,600 678 484 1,522 1, 615 687 480 1,517 1,610 687 471 1,545 1,618 686 481 1,533 1,633 686 481 1,556 1, 668 697 484 14, 242 1 219 5 105 4 645 2,501 1 620 1,586 1,644 695 486 14,257 1 250 5 048 4 595 2,581 1 678 1,591 1,635 673 489 14,416 1 221 5 159 4 691 2,552 1 655 1,606 1,647 695 491 14,529 1 263 5 136 4 663 2,605 1 668 1,610 1, 656 703 495 14,615 1 271 5 136 4 670 2,609 1 683 1,586 1,672 716 498 14,810 1 297 5 230 4 763 2,678 1 729 1,641 1,686 724 503 14,872 1 287 5 282 4 821 2,709 1 754 1, 636 1,698 726 500 14,971 1 308 5 322 4 857 2,726 1 761 1, 655 1,696 724 500 14,837 1 273 5 280 4 813 2,684 1 742 1,642 1,702 733 504 14,993 1 285 5 302 4 834 2,730 1 758 1,653 1,718 738 506 15,088 1 294 5 332 4 870 2,808 1 779 1,648 1,724 727 512 15,190 1 275 5 411 4 940 2,852 1 800 1,674 1,739 734 509 Aug. Sept. Oct. Nov. Dec Manufacturing and Trade Total and Retail Inventories—Adjusted [Millions of dollars] 1£ 60 July Aug. 1<)61 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Manufacturing and trade 95, 596 95, 326 95, 564 95, 411 95 544 94 610 94 248 94 062 93 466 93 552 93 618 93 554 93 723 93 984 94 319 94 481 95 063 95 576 Retail trade, total 26, 740 26, 847 26, 916 27 027 26 969 26 813 26 616 26 379 25 929 25 993 26 022 26 015 26 041 25 785 26 126 26 019 26 206 26 238 11,978 12, 046 12, 056 12 199 12 087 11 923 11 713 11 495 11 188 11 109 11 175 11 177 11 170 10 812 11 084 10 903 10 940 10 965 Automotive group 5,033 Furniture and appliance group 2,048 Lumber, building materials, hardware group... 2, 399 5, 098 5,128 5 284 5 177 5 015 4 824 4 648 4 369 4 313 4 411 4 446 4 432 4 162 4 466 4 280 4 357 4 412 2,046 2,030 2, 014 2,020 1,987 1 954 1 939 1 933 1 913 1 927 1 909 1 890 1 888 1 868 1 870 1 838 1,851 2,397 2,412 2, 418 2,402 2,408 2,422 2,408 2, 385 2,381 2,366 2,364 2,392 2,340 2,324 2,320 2,338 2,328 14, 762 14,801 14,860 14,828 14,882 14,890 14, 903 14,884 14,741 14,884 14,847 14,838 14,871 14, 973 15, 042 15, 116 15,266 15,273 Apparel group 3, 285 Food group _ _ 3,109 General merchandise group. 4,339 3 283 3, 104 4,365 3 324 3,096 4,348 3 300 3 106 4,328 3 339 3 113 4,351 3 323 3 171 4,278 3 348 3 148 4 270 3 293 3 166 4,270 3 237 3 173 4,256 3 285 3 173 4,301 3 257 3 170 4,306 3 221 3 191 4,291 3 213 3 214 4,303 3 218 3 256 4, 329 3 223 3 265 4,383 3 244 3 291 4,397 3 248 3 331 4,438 3 228 3,289 4,496 Durable goods stores. ... Nondurable goods stores 18 63 1? 64 Manufacturing and trade. ... _ _ 102,523 102,672 103, 140 103,731 104,529 105,127 105,551 105,746 106, 056 106,722 107,083 107,270 107,372 107, 613 108, 504 108,539 109, 320 110,535 Retail trade, total 28, 648 28 615 28 752 28 921 29 254 29 383 29 727 29 904 29 996 30 312 30 502 30 829 30 867 30 864 31 263 30 486 30 559 31, 130 Durable goods stores 11 876 11 872 11 923 12 001 12 221 12 386 12 612 12 7*tt 12 959 13 093 13 240 13 347 13 286 13 227 13 603 12 753 12 730 13 136 5, 089 2,028 5,016 2, 071 5,128 2,063 5,204 2,096 5 358 2,115 5 495 2,124 5 601 2, 133 5 671 2,150 5 777 2,179 5 824 2,187 5 865 2,222 5 995 2,222 5 945 2,242 5 948 2,218 5 282 2,244 5 471 2,240 5 494 2,248 5,645 2,272 2,304 2,328 2,339 2,324 2, 349 2,352 2,344 2,350 2,361 2,385 2,405 2,436 2,439 2,456 2,476 2,493 2,516 2,550 16,772 16, 743 16,829 16,920 17, 033 16, 997 17, 115 17, 151 17, 037 17,219 17,262 17, 482 17,581 17, 637 17, 660 17, 733 17,829 17, 994 3,607 3 787 5,721 3,613 3,857 5,809 3, 364 3, 410 Automotive group Furniture and appliance group. Lumber, building materials, hardware group. Nondurable goods stores.. Apparel group— Food group General merchandise group. Department stores _ 3, 503 3 662 5,093 3,483 3 604 5,110 3,497 3 674 5,165 3 526 3 633 5, 245 3 548 3 641 5,322 3 482 3 625 5,291 3 578 3 689 5,290 3 594 3 731 5,220 3 524 3 729 5,195 3 565 3 695 5,318 3 553 3 697 5,356 3 602 3 705 5,477 3 609 3 709 5,606 3 626 3 754 5, 565 3 607 3 777 5,579 3 594 3 782 5,637 3 080 3 054 2 993 3 051 3 090 3 169 3 261 3 252 3,254 3,303 21 Manufacturing and Trade Total and Retail Sales—Unadjusted [Millions of dollars] 1959 196 0 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June Manufacturing and trade 53, 993 55, 512 59, 240 60, 835 61, 520 63, 268 58, 488 58, 243 60, 064 61, 928 58, 617 63, 285 56, 820 58, 863 61, 256 62, 405 60 770 62 716 Retail trade, total _ 16, 225 14, 961 17,190 17, 589 18, 600 18, 708 18, 332 18 054 17, 570 19, 095 17, 635 21, 454 16, 312 15 829 17 419 19 200 18 548 18 918 5,119 3,017 2,856 4,927 5,830 3,465 3,284 6, 208 3, 567 6 432 3 697 3,473 6 822 3,882 3,643 6 415 3 581 3,345 6 234 3 412 3,180 5 702 2 881 2,670 6 413 3 524 3,296 5 494 2 810 2,598 6 012 2 726 2,458 5 074 3 030 2,860 5 209 3 133 2,968 5 806 3 592 3,407 6 341 3 761 3,532 6 385 3 695 3,471 6 603 3 742 3,500 Durable goods stores Automotive group Passenger car, other auto dealers. Tire, battery, accessory dealers Furniture and applicance group. Lumber, building materials, hardware group. 2, 899 2,748 3,350 161 151 181 2,17 224 239 236 232 211 228 212 268 170 165 185 229 224 242 784 746 808 839 899 978 916 942 921 988 992 1,229 776 791 803 835 872 914 697 684 843 1,039 1, 091 1,135 1,132 1,089 1,089 1,099 950 975 684 706 772 974 1,035 1,100 Nondurable goods stores 11, 106 868 Apparel group 4,383 Food group 3,915 Grocery stores _ _ General merchandise group. 1,445 Eating and drinking places _ 1,158 1,282 Gasoline service stations Drug and proprietary stores. 581 354 Liquor stores. 10, 034 11,360 11, 381 12, 168 1 127 4,441 11, 886 1 076 4, 276 3,804 1,880 1,373 1, 450 582 373 11, 917 924 4,486 4,007 1,701 1,459 1,516 579 403 11, 820 956 4 301 3,832 1,845 1,460 1,504 587 396 11, 868 1 117 4,221 3,756 1, 920 1,380 1,419 591 386 12, 682 12, 141 1 193 1 165 4,602 4,181 3,720 4,127 2, 112 2,196 1,376 1,278 1,462 1, 433 608 575 411 398 15, 442 1 969 4,708 4,173 3,562 1,353 1,437 783 615 11,238 939 4,313 3,869 1,506 1,227 1,356 620 354 10, 620 797 4,078 3,652 1, 447 1,147 1,285 605 347 11, 613 951 4,377 3, 939 1,694 1,218 1,387 603 361 12, 859 1 354 4,600 4,149 2,098 1,311 1, 457 607 384 12, 163 1 079 4,379 3,931 1,861 1,384 1, 489 612 374 12, 315 1 092 4 516 4,059 1,908 1,422 1,524 604 386 750 3, 870 3,447 1,359 1, 070 1,197 534 324 1 100 4, 110 3,661 1,733 1,158 1,318 580 356 994 4 160 3,718 1, 774 1,216 1,348 559 345 3,972 1,893 1,337 1,427 591 QCO 19 33 IS 62 Manufacturing and trade. 59, 176 60, 479 65, 560 65,445 66, 366 67, 008 61, 563 65, 377 65, 356 68, 769 67, 960 67, 881 60, 960 63,071 66, 972 68, 593 69,206 69,487 Retail trade, total. 17, 007 16, 042 19, 036 19, 251 20,226 20, 254 19, 138 19, 920 18, 863 20, 576 20, 911 24, 127 18,261 17,087 19, 653 20, 518 21,228 20, 737 5,150 3, 117 2,940 3,005 4, 957 6,105 6,258 2,841 3,591 3, 777 3, 556 6, 796 4,042 3,799 6,744 3,960 3,710 6,298 3,582 3,346 6,285 3,436 3,206 5 566 2,821 2,609 6,956 4,100 3,865 6,699 3,886 3,655 6,707 3,451 3,152 5,667 3,502 3,322 5,406 3,324 3,161 6,344 3,945 3,748 6,950 4,282 4,050 7,198 4, 322 4,078 6, 996 4, 147 3, 882 Durable goods stores Automotive group . Passenger car, other automobile dealers. Tire, battery, accessory dealers. Furniture and appliance group. Lumber, building materials, hardware group. Nondurable goods stores Apparel group Food group Grocery stores General merchandise group. Department stores Mail Order. Variety Eating and drinking places . Gasoline service stations.— _ Drug and proprietary stores Liquor stores. 3,794 177 164 203 221 243 250 236 230 212 235 231 299 180 163 197 232 244 265 780 724 813 788 875 893 872 947 915 961 1,018 1, 214 829 780 837 853 932 931 676 642 802 934 1,044 1,049 1,051 1, 077 981 1,048 957 901 681 635 778 956 1, 044 1,027 11 857 939 4,502 4,088 1,637 11,085 786 4,345 3,946 12 931 1,051 12 993 1, 290 4,554 1,518 1,978 4,122 2,166 13 430 1,169 4,828 4,379 2,214 13 510 1,108 5,074 4,620 2,156 12 840 959 4,771 4,322 1,933 13 635 1,080 5,040 4,581 2,249 13 297 1 175 4,865 4, 428 2,247 13 620 1, 196 4,846 4,410 2,383 14, 212 1,301 4,962 4,519 2,732 17, 420 2,097 5,285 4,800 4,164 12, 594 973 4,783 4,366 1,747 11, 681 814 4,511 4, 109 1,627 13, 309 1,064 5,026 4,600 2,086 13, 568 1,248 4,723 4,289 2, 311 14, 030 1,145 5, 117 4,651 2,291 13, 741 1,109 5,009 4,556 2, 282 1,280 1,446 652 393 1,193 1,332 623 374 1,345 1,486 658 410 1,380 1,510 644 404 1,496 1,576 670 427 1,548 1,622 668 438 1,577 1,646 647 440 1,642 1,661 659 464 1,524 1,563 633 439 1,496 1,603 648 450 1,456 1,560 662 491 1,491 1,628 882 705 1,345 1,539 651 412 1,264 1,394 643 389 1,433 1,542 669 430 1,476 1, 573 654 432 1,576 1,625 678 462 1,606 1,657 666 454 5,009 4,575 Manufacturing and Trade Total and Retail Inventories—Unadjusted [Millions of dollars] 1959 May !9 SO Feb. Mar. Apr. May June 91, 822 93, 754 95, 704 95, 516 95, 837 95, 422 24, 695 25, 757 27, 053 26, 999 27,080 26, 644 10,721 11, 232 11, 836 12, 294 12,366 12, 449 12,298 3,848 2, 075 4,003 1,931 4,549 1, 901 5,050 1,941 5,344 1,989 5,378 2,025 5, 455 2,026 5,343 2, 018 2,382 2,362 2,349 2,382 2,444 2,495 2, 506 2, 518 2,485 14, 525 14, 931 15,235 13,691 13, 463 13,921 14, 759 14, 633 14,631 14,346 3 417 2 954 4,313 3 434 3,039 4,520 3 465 3 076 4,694 3 015 2 978 3,821 2876 2,949 3,788 3 090 2,995 4, 009 3,371 3,100 4,278 3, 217 3,119 4,263 3,217 3,127 4, 241 3,065 3,103 4,170 Jan. Feb. Mar. Manufacturing and trade 86, 427 87, 528 88, 784 90, 071 90 308 90, 650 90, 573 90 522 90 172 91, 221 Retail trade, total 23, 500 24, 220 24, 929 25, 597 25, 382 25, 156 25,232 25, 317 25, 145 26, 038 10, 504 10,819 11, 222 11, 592 11, 647 11, 589 11, 661 11, 250 10, 620 11, 107 4,169 1,836 4,370 1,853 4,592 1,899 4,868 1,908 4,906 1,917 4, 849 1,907 4,939 1,897 4,448 1,927 3,747 1,972 2,306 2,348 2,434 2,480 2,483 2,455 2,448 2, 416 12, 996 13,401 13,707 14, 005 13, 735 13,567 13,571 2, 783 2,876 3,546 2, 945 2,893 3,717 3 053 2,913 3,902 3 132 2,953 4,011 3 003 2 957 3,915 2 969 2,950 3,828 2 930 2,954 3,892 Durable goods stores. Automotive group Furniture and appliance group. Lumber, building materials, hardware group. Nondurable goods stores Apparel group Food group General merchandise group- Apr. June July Dec. Jan. 91, 900 90, 808 26, 223 24, 412 10, 988 4,101 2,026 2,389 14, 067 3 263 2 918 4,085 Aug. Sept. Oct. Nov. 19 63 IS 62 Manufacturing and trade. 95, 209 96, 543 97,867 98, 003 98, 443 98, 312 97, 937 98, 067 98, 879 100,400 101, 074 98, 991 99, 541 100, 738 101, 830 102, 036 102,323 102, 161 Retail trade, total 25, 387 26, 231 27, 156 27, 340 27, 336 26, 999 26, 981 26, 832 27, 285 28, 371 28, 947 27, 071 27, 054 27, 847 28, 741 28,862 28,720 28, 378 10, 930 11,224 11, 442 11, 605 11, 625 11, 479 11,511 10, 987 10 818 11, 296 11, 609 11, 403 11,549 11, 967 12, 204 12, 168 12, 116 12, 072 4, 594 4,832 4, 871 4,933 4,939 4,783 4,826 4, 190 3,974 4,335 4,533 4,820 5,060 5, 418 5, 491 5,438 5, 387 5, 303 1,796 1, 823 1,880 1, 934 1,917 1, 897 1,899 1 917 1 971 2,018 2,071 1,943 1,914 1,919 1,976 2,000 1,987 2,005 Durable goods storesAutomotive group. Furniture and appliance group ^ _ Lumber, building materials, hardware group. __ 2,243 2,276 2,390 2,430 2,423 2,411 2,391 2,368 2,346 2,330 2,297 2,226 2,234 2,287 2,375 2,399 2, 394 2,359 Nondurable goods stores. _ 14,457 15, 007 15, 714 15, 735 15,711 15,520 15,470 15,845 16,467 17,075 17,338 15,668 15,505 15,880 16,537 16,694 16,604 16,306 Apparel group Food groupGeneral merchandise group . Department stores. - 2 978 3,212 3 157 3,299 3 334 3,374 3 354 3 350 3 321 3 387 3 262 3,361 3 218 3 314 3 446 3 321 3 633 3 436 3 767 3 505 3 783 3 544 3 361 3 439 3 206 3 394 3 343 3,453 3,519 3,532 3,495 3, 624 3,452 3,635 3,300 3,713 4,077 4,304 4, 602 4 644 4 642 4,555 4 611 4 800 5 067 5 429 5 473 4 550 4 531 4,779 5,038 5,113 5,086 4,909 22 Manufacturing and Trade Total and Retail Sales—Unadjusted [Millions of dollars] 1961 19 BO Dec. July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. 57,046 59,726 61,450 62, 198 60,578 62,537 53,392 55,230 60,402 58, 906 60,883 63, 200 57, 050 61, 715 62,867 64,776 64,413 66, 138 18, 066 18,153 17, 898 18, 648 18, 385 22, 153 15, 803 15, 064 17, 926 17, 389 18,522 18,896 17,912 18,315 18, 149 18, 751 19, 215 22,869 5,760 3,104 2,875 5,938 3,227 3,008 5,595 2,870 2,666 5,994 3, 239 3,033 5,792 3,181 2,982 6, 063 3,005 2,736 4,621 2, 682 2,531 4,458 2,586 2,443 5, 440 3,190 3,014 5,386 3,087 2,897 5,974 3,413 3,200 6,174 3,453 3,215 5,606 3,032 2, 803 5,673 2,984 2,752 5,345 2,731 2,517 6,004 3,309 3,091 6,046 3,400 3,189 6,241 3,148 2,871 229 219 204 206 199 269 151 143 176 190 213 238 229 232 214 218 211 277 857 897 880 918 926 1, 122 722 681 775 767 843 894 844 913 878 914 959 1,180 1,028 1,074 1, 018 1,026 923 882 652 625 811 868 978 1,026 995 1,043 972 1,014 936 891 12,306 Nondurable goods stores 952 Apparel group. -. 4,708 Food group 4,244 Grocery stores.General merchandise group . 1,713 Eating and drinking places- 1,502 Gasoline service stations-.. 1,586 Drug and proprietary stores608 421 Liquor stores. 12,215 1,010 4,421 3,972 1,929 1, 485 1, 567 614 401 12,303 1,135 4,535 3,099 1,949 1,399 1, 469 609 399 12, 654 1,175 4,535 4, 087 2,103 1,384 1,504 628 405 12,593 1, 182 4,451 3,997 2,251 1,310 1,454 609 422 16,090 1,965 5,110 4, 612 3,626 1,357 1, 510 819 639 11, 182 880 4,307 3,889 1,458 1,234 1, 380 607 360 10, 606 769 4,193 3,776 1,420 1,140 1,281 589 342 12, 486 1, 181 4,725 4,267 1, 929 1,288 1,428 628 376 12,003 1, 009 4,510 4,070 1,810 1, 319 1,438 608 377 12,548 1,095 4,599 4,150 1,975 1,393 1,522 630 385 12,722 1,100 4,798 4,334 2,004 1,439 1,567 625 395 12,306 944 4,709 4,249 1,777 1,498 1.603 630 406 12,642 1,029 4,617 4,212 2,043 1, 515 1,615 631 400 12,804 1,141 4, 846 4,400 2,083 1,448 1,518 630 405 12,747 1,176 4, 552 4,112 2, 182 1,417 1,549 635 399 13, 169 1, 247 4,626 4,190 2,484 1, 367 1, 513 647 432 16, 628 2,030 5,203 4,720 3,894 1,430 1,545 892 650 Manufacturing and trades Retail trade, total Durable goods stores Automotive group Passenger car, other auto dealers. Tire, battery, accessory dealers. Furniture and appliance group. Lumber, building materials, hardware group. 196 3 Nov. 18 64 Manufacturing and trade 66, 297 67, 913 68, 143 72, 646 69, 883 72, 857 65, 825 67, 696 70, 767 72, 718 73, 420 74, 705 70, 888 71, 402 74, 475 75,904 73, 710 80, 255 Retail trade, total 20,540 21, 018 19, 267 21 528 21 494 25, 104 19 154 18 758 20 502 21 186 22 508 22 242 22 145 21 778 21 313 22 605 21 720 27 719 6,934 4,024 3,763 6, 504 3, 548 3,303 5,947 3. 006 2,792 7,549 4,411 4, 168 6,919 3,971 3,730 7,113 3,712 3,394 5, 974 3,696 3,504 6, 065 3,704 3,522 6,677 4, 079 3, 865 7, 290 4,476 4,234 7,620 4 576 4,310 7,640 4,413 4,131 7,322 4,183 3,916 6,930 3,873 3,627 6 811 3 747 3,518 7, 042 3, 875 3,627 6 726 3 727 3,481 8 076 4 381 4,064 Durable goods stores Automotive group.. _ Passenger car, other automobile dealers. Tire , battery, accessory dealers. Furniture and appliance group. Lumber, building materials, hardware group. 261 245 214 243 241 318 192 182 214 242 266 282 267 246 229 248 246 317 963 990 978 1, 093 1,075 1, 330 903 926 977 1,002 1,034 1,108 1,090 1,097 1,087 1,177 1,176 1,513 1,076 1, 112 1,031 1,093 978 892 694 690 778 915 1,021 1, 101 1,084 1,023 1,017 1,087 968 962 Nondurable goods stores 13, 606 Apparel group 993 5,054 Food group Grocery stores 4,576 General merchandise group. 2, 117 Department stores Mail Order.. Variety.. _ _ _ _ Eating and drinking places. 1,661 Gasoline service stations... 1,710 662 Drug and proprietary storesLiquor stores. __ 478 14,514 1,147 5,376 4,909 2,458 13,320 1 140 4, 735 4,310 2,298 13,979 1 169 4,965 4,526 2,439 14,575 1 284 5 213 4,772 2,761 17,991 2 134 5 252 4,763 4,480 13, 180 1 102 5 079 4,642 1,887 1 223 1,541 1,597 649 441 1,571 1, 647 669 470 1,501 1,623 668 515 1,548 1,711 909 731 1,451 1,565 673 437 13,825 1 257 4 946 4,486 2,343 1 493 183 373 1,500 1.584 682 438 13,896 1 118 4 951 4 493 2,359 1 526 184 346 1,562 1, 615 667 450 14,888 1 259 5 307 4 826 2,524 1 636 178 382 1,665 1,707 716 490 14, 602 1 218 5 172 4 698 2,535 1 656 1,714 1,728 682 493 12,693 911 4 908 4,478 1,890 1 195 150 300 1, 402 1,480 659 431 14,823 1 102 5*546 5 062 2,412 1 547 162 381 1,811 1,819 710 505 14,848 14,502 1 187 1 264 5 341 5' 154 4 866 4 695 2,637 2,603 1 691 1 697 194 200 403 383 1,820 1,686 1,799 1,699 710 704 493 479 15,563 1 349 5 588 5 118 2,866 1 863 214 412 1,703 1,758 727 514 14,994 1 328 5 067 4 623 3,094 1 666 269 452 1, 582 1,708 691 522 19,643 2 277 5 805 5 285 5,200 3 316 349 860 1,669 1,782 966 775 Dec. 144 277 175 379 1, 726 1,753 708 477 Manufacturing and Trade Total and Retail Inventories—Unadjusted [Millions of dollars] 1960 June July Aug. Sept. Oct. Nov. 94 179 93, 554 93, 087 93, 291 93 833 95, 068 96, 281 94, 388 26 397 25 910 25 746 25 373 25 900 26 598 27 366 25 414 11 576 11 429 11 305 10 452 10 399 10 606 10 931 10 705 4 714 1,922 4 786 1,936 4 691 1, 900 4 609 1,868 3 775 1,886 3 715 1,898 3 792 1,941 4 065 1,935 4 319 1, 812 2,440 2,468 2,441 2, 416 2,411 2,331 2,300 2, 287 2,294 2, 246 14, 446 14,825 15,003 14,821 14,481 14, 441 14, 921 15,501 15, 992 16,435 14, 709 3 171 3 128 4,042 3 283 3' 195 4,244 3 305 3 195 4,320 3 218 3' 190 4,274 3 053 3* 185 4, 125 3 Oil 3 173 4,162 3 257 3' 203 4, 353 3 455 3* 254 4,642 3 555 3 356 4,884 3 566 3 451 5,025 3 073 3 279 4,127 101,803 101,814 102,585 104,506 105, 922 103,777 104, 654 105,789 107, 004 107, 639 107, 721 107,471 106, 764 106,567 107, 737 109,095 110, 683 109,222 July Aug. Manufacturing and trade 94, 999 Retail trade, total _ _ _ _ . - 26, 447 Durable goods stores. ... Automotive group... Furniture and appliance group. Lumber, building materials, hardware group. Nondurable goods stores Apparel group. __ . _ Food group Generalmerchandise group- 1961 Sept. Oct. 94, 581 94, 879 95, 800 96, 629 93, 377 93, 379 94, 066 94, 266 94, 311 26,414 26, 559 27, 467 28 048 25 936 25 700 26 106 26 411 26 556 12, 114 11, 645 11, 222 11, 743 12, 012 11, 621 11, 623 11/660 11, 586 11 553 5,215 2,020 4,674 2, 042 4,230 2,063 4,645 2, 090 4,809 2,133 4 899 1, 941 4 979 1, 874 4 988 1,877 4 781 1,921 2,418 2,387 2,390 2,382 2,351 2,323 2,354 2,389 14,333 14,769 15,337 15,724 16,036 14,315 14,077 3,078 3 081 4, 193 3,329 3 055 4,389 3 577 3 074 4,610 3 621 3 169 4,811 3 663 3 219 4, 949 3 147 3 168 3,911 3 070 3 066 3,854 Nov. Dec. Jan. Feb. Mar. Apr. May 19 33 Manufacturing and trade. Retail trade, total—. _ Durable goods storesAutomotive group Furniture and appliance group . Lumber, building materials, hardware group. — 1*)64 28, 350 28, 024 28 400 29 696 30 606 28 500 28 761 29 602 30 585 31 062 30 910 30 854 30 673 30 158 30 799 31 071 31 860 30 181 12 053 11 362 11 170 11 712 12 258 12 138 12 528 12 988 13 495 13 701 13 707 13 739 13 553 12 638 12 684 12 242 12 645 12 854 5,303 4,464 4 297 4 709 5 090 5 412 5 764 6 113 6 354 6 396 6 322 6 349 6 213 5 269 5 277 4 819 5 126 5 578 2 004 2 067 2 096 2 176 2 220 2 084 2 056 2 082 2 164 2 207 2 226 2 210 2 222 2 213 2 276 2 320 2 361 2 227 2,326 2,324 2,316 2,296 2,312 2,267 2, 264 2,301 2, 413 2,459 2, 480 2, 496 2, 460 2,466 2,468 2,457 2,478 2,461 Nondurable goods stores— _ . 16, 297 16, 662 17,230 17, 984 18,348 16,362 16,233 16, 614 17, 090 17,361 17, 203 17, 115 17, 120 17,520 18, 115 18,829 19,215 17,327 3,293 3 603 3, 511 3 543 3,727 3 590 3 864 3 724 3 893 3 765 3 326 3 611 3 298 3 608 3 454 3 697 3 548 3 751 3 590 3 743 3 503 3 723 3 433 3 712 3 414 3 665 3 655 3 675 3 828 3 762 3,935 3 861 3,975 3,877 3, 432 3,822 4,928 5,134 5 456 5 861 6 006 4 863 4 814 2 781 4 926 2 847 5 161 2 985 5 331 3 063 5 307 3 069 5 281 3 019 5 417 3 101 5 545 3 219 5 865 3,432 6,299 3,750 6, 494 3, 889 5,381 3,174 Apparel group. Food group. General merchandise group __ Department stores _. 23 24 SURVEY OF CURRENT BUSINESS Revised Estimates of Retail Sales and Inventories 1965). The sample has been adjusted to reflect the classifications, definitions, and distribution of firms by size according to the 1963 Census of Business. THE preceding tables present revised Definitional changes affect delicatesfigures for retailers' sales and invensens, music and general stores, antique tories. The major components of these dealers, and lumber, building, hardseries are revised back to January 1959. ware, and farm equipment dealers. Retail sales by department and variety These changes and the changes in the stores, by mail-order houses, and by sample are discussed more fully in the firms with 11 or more stores in all kinds of business have been revised back to Bureau of the Census' Monthly Retail January 1964; comparable data prior Trade Report, "Sales and Accounts to this date are not available. The Receivable of Retail Stores, by Kinds series on sales by firms with four or of Business, October 1965." The most significant effect of the more stores has not been revised prior to October 1965. reclassification of stores was to shift Revised seasonal and trading-day into the department store category factors for retail store sales are also establishments that for the most part introduced. The tables shown below had been previously classified elsefor sales, inventories, and stock-sales where in the general, merchandise group ratios for manufacturing and trade are or in the apparel and furniture-appliadjusted for the revisions of the seasonally adjusted retail sales and inventory ance groups. As a result, department stores sales in 1964 and 1965 were series. The new estimates have resulted from appreciably higher than formerly estian updating of the sample for the mated. In adjusting the prior estimates so Bureau of the Census' retail trade survey (effective with data for October that they would be comparable with February 1906 those developed in October 1965 from the new sample, it was assumed that the differences in store classifications between 1958 and 1963 occurred gradually over the period, and that the classification changes, which affect the sales and inventories of the various lines of trade, are offsetting in the aggregates. For establishments that were retained in the new sample but whose classifications were changed, September 1965 sales data were used to develop overlap ratios for each line of trade. These ratios were applied in full to the previous monthly estimates from December 1963 through September 1965, and in decreasing . proportions going backwards from November 1963 to January 1959. Fifty-nine sixtieths of the overlap ratios were applied in November 1963, fifty-eight sixtieths in October 1963, and so on, until January 1959, when one-sixtieth was reached. It should be noted that the overlap ratios for sales were also applied to inventories. The panel of stores in the inventory sample has not been changed. Manufacturing and Trade Total and Retail Inventory—Sales Ratios 1960 1959 Jan. Feb. Manufacturing and trade, total. 1.52 1.50 Retail trade,total _ __ Durable goods stores Nondurable goods stores 1.38 1.81 1.17 1.41 •1.82 1.20 Mar. 1.48 1.37 1.79 1.15 Apr. 1.48 1.40 1.83 1.17 May 1.46 1.38 1.84 1.15 June July 1.48 1.50 1.39 1.85 1.15 1.40 1.87 1.16 Aug. 1.55 1.40 1.83 1.17 Sept. 1.54 1.40 1.89 1.16 Oct. 1.55 1.41 1.91 1.16 Nov. 1.56 1.42 2.01 1.16 1960— Continued July Aug. Sept. Oct. Dec. Jan. 1.52 1.52 1.43 2.02 1.17 1.38 1.78 1.19 Feb. Apr. Mar. May June 1.51 1.50 1.50 1.50 1.50 .1.42 1.82 1.22 1.38 1.80 1.18 1.39 1.79 1.20 1.40 1.82 1.21 1.38 1.77 1.20 1961 Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Manufacturing and trade, total- 1.59 1.59 1.59 1.59 1.61 1.59 1.61 1.61 1.57 1.58 1.56 1.54 1.55 1.53 1.53 1.52 1.51 1.50 Retail trade, total Durable goods stores Nondurable goods stores 1.47 2.09 1.19 1.47 2.06 1.19 1.49 2.06 1.21 1.47 2.11 1.18 1.48 2.13 1.19 1.50 2.14 1.20 1.48 2.15 1.19 1.50 2.14 1.22 1.44 2.06 1.17 1.45 2.06 1.19 1.44 2.04 1. 17 1.44 2. 03 1.18 1.42 1.99 1.18 1.40 1.91 1.18 14.2 1.94 1. 18 1.40 1.92 1.17 1.39 1.86 1. 18 1.39 1.86 1.18 1963 1962 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Jan. Dec. Feb. Mar. Apr. May June Manufacturing and trade, total. 1.50 1.52 1.49 1.49 1.50 1.52 1.52 1.51 1.52 1.52 1.51 1.53 1.50 1.54 1.55 1.54 1. 57- 1.58 Retail trade, total Durable goods stores Nondurable goods stores 1.38 1.86 1.16 1.42 1.86 1.21 1.38 1.80 1.18 1.38 1.84 1.17 1.38 1.81 1.17 1.40 1.84 1.20 1.39 1.82 1.19 1.39 1.84 1.18 1.38 1.85 1.17 1.39 1.84 1.18 1. 38 1. 82 1.17 1.38 1.82 1.18 1.41 1.90 1.17 1.46 1.96 1.21 1.46 2.01 1.19 1.41 1.93 1.16 1.45 1. 99 1.19 1.46 2.02 1.18 1963— Continued July Aug. Sept. Oct. 1964 Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Manufacturing and trade, total- 1.48 1.51 1.52 1.50 1.52 1.50 1.49 1.49 1.50 1.49 1.48 1.49 1.46 1.47 1.48 1.50 1.49 1.45 Retail trade, total Durable goods stores Nondurable goods stores.—- 1.38 1.77 1.20 1.39 1.81 1.19 1.40 1.83 1.21 1.39 1.74 1.21 1.41 1.82 1.21 1.40 1.84 1.20 1.41 1.86 1.20 1.40 1.80 1.20 1.41 1.89 1.18 1.41 1.89 1.19 1.41 1.87 1.18 1.41 1.91 1.18 1.41 1.90 1.18 1.39 1.81 1.18 1.40 1.81 1.19 1.42 1.98 1.18 1.41 1.92 1.18 1.37 1.74 1.18 U.S. GOVERNMENT PRINTING OFFICE : 1966 O—799-216 CURRENT BUSINESS STATISTICS JLHE STATISTICS here update series published in the 1965 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2.00) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1961 through 1964 (1954-64 for major quarterly series), annually, 1939-64; for selected series, monthly or quarterly, 1947-64 (where available). Series added or significantly revised after the 1965 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1964 issued too late for inclusion in the 1965 volume appear in the monthly SURVEY beginning with the September 1965 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. 1962 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 1963 1962 1963 IV Annual total I II 19651 1964 III IV I II | III I IV | II IV III Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT Gross national product, total Personal consumption expenditures, total bil. $ 560 3 589 2 628 7 572 0 577 0 583 1 593 1 603 6 614 0 624 2 634 8 641 1 657 6 668 8 681 5 r 697 2 do 355.1 373.8 398.9 363. 0 368.0 371.1 376.6 379. 5 389.1 396.0 404.6 405.9 416.9 424.5 432. 5 ' 441. 0 49 5 22.0 20.5 53 4 24 3 21 9 58 7 25 8 24 7 51 1 23 0 21 0 52 2 23 6 21 4 52 6 23 9 21 4 54 1 24 6 22 1 54 9 24 9 22 7 57 4 25 5 23 9 59 1 25 7 25 1 60 5 27 1 25 0 57 9 24 8 24 8 64 6 30 3 25 5 63 5 29 3 25 4 Durable goods, total 9 do Automobiles and parts _ do Furniture and household equipment _do_ .. r 66 4 '30 1 '27. 3 65 4 30 3 26 0 162 6 29 6 85 7 12.9 168 30 88 13 0 5 2 5 177 5 33 3 92 3 14 0 165 3 30 2 86 7 13 4 166 6 30 3 87 5 13 3 167 30 88 13 4 2 1 4 169 2 31 1 88 5 13 5 168 9 30 6 88 7 13 7 173 7 32 3 90 6 14 0 175 7 33 2 91 3 13 9 179 8 33 8 93 3 14 0 180 9 34 0 94 1 14 2 182 8 34 3 94 8 14 2 187 9 35 0 97 3 14 7 190 35 99 14 5 r!95 2 r 35 3 r 102 8 r15 0 9 do do do _ do 143 0 22 0 52 0 11 0 152 23 55 11 3 i 5 4 162 6 24 4 59 5 11 7 146 22 53 11 7 4 6 2 149 2 22 8 54 5 11 3 151 1 22 8 55 3 11 4 153 3 23 5 55 7 11 4 155 7 23 3 56 5 11 5 158 0 23 6 57 5 11 7 161 2 24 4 58 8 11 7 164 3 24 8 60 1 11 8 167 1 24 8 61 4 11 9 169 5 24 9 62 7 11 9 173 1 25 5 64 0 12 1 176 26 65 12 7 3 3 3 6 6 7 5 do 83.0 86.9 92.9 84.7 82.6 84.8 87.9 92.4 89.7 90.9 92.6 97.7 103.4 102.8 106.2 /HO. 3 77 o 51 7 19.2 32.5 25 3 24 8 6 0 5.3 81 54 19 34 26 26 5 4 2 3 7 6 9 3 7 9 88 1 60 5 21 1 39 4 27 5 27 0 48 54 78 52 19 33 25 25 6 5 78 52 19 33 26 25 4 3 80 53 19 34 26 26 4 4 1 4 2 2 7 1 7 2 82 1 55 1 20 0 35 1 26 9 26 4 58 52 84 3 56 5 20 5 36 0 27 9 27 3 81 69 86 5 58 1 20 7 37 5 28 4 27 8 33 36 86 58 21 37 27 27 4 5 8 9 1 9 9 3 1 1 88 8 61 6 21 1 40 5 27 2 26 6 38 4 6 90 63 21 42 26 26 7 7 2 5 5 0 7 2 5 8 94 6 66 9 23 2 43 7 27 7 27 1 88 92 96 4 68 4 24 5 43 9 28 0 27 5 64 6.6 98 6 r 100 2 70 9 r 73 o 24 2 25 4 46.7 '47 6 27 7 27 2 27 1 r 26 7 7 6 10 1 7.0 '8 9 51 30 3 25 1 59 32 4 26 4 86 37 0 28 5 49 30 5 25 5 4 5 30 0 25 6 6 2 32 4 26 2 57 32 6 26 9 7 3 34 4 27 1 88 36 3 27 5 7 7 36 0 28 2 88 37 3 28 5 89 38 4 29 5 60 34 7 28 6 80 40 4 32 4 7 4 40.1 32 7 Govt. purchases of goods and services, total. _do Federal do National defense do State and local do 117. 1 63 4 51 6 53 7 122.6 64 4 50 8 58 3 128.4 65 3 49 9 63 1 119.3 64 4 50 9 55 0 121.9 65 4 51 5 56 5 120.9 63 6 50 5 57 4 123.0 64 2 51 0 58 8 124.3 64 4 50 3 59 9 126. 65 49 61 3 0 8 3 129.7 67 0 51 7 62 7 128.7 64 9 49 5 63 8 128.6 64 3 48 8 64 3 131.3 64 9 48 8 66 4 133.5 65 7 49 2 67 8 135.4 ' 139. 0 66 5 r 69 2 49.8 52 0 68 9 r 69 8 By major type of product: Final sales, total Goods, total ___ ___ __ _ Durable goods Nondurable goods _ _ _ _ _ _ _ _ _ Services Structures., _ _ _• _ _ do do do do do do 554 3 278 5 106 2 172 2 213 3 62 6 583 5 291 1 113 1 178 1 226 9 65 5 623 9 311 3 122 8 188 4 244 0 68 6 565 6 283 8 108 1 175 6 218 5 63 4 572 5 287 2 109 8 177 4 222 1 63 2 578 289 112 177 225 64 4 2 0 2 1 1 587 3 292 9 114 3 178* 6 228 2 66 2 595 5 295 3 116 2 179 1 232 1 68 0 610 7 304 9 120 1 184 9 237 3 68 5 620 1 308 3 121 6 186 8 242 8 69 0 631 0 316 0 125 4 190 6 246 4 68 6 633 6 315 8 124 3 191 5 249 7 68 1 648 8 322 8 130 1 192 8 253 8 72 1 66? 4 329 1 130 3 198 7 259 0 74 2 673 9 337 1 135 4 201 7 263 0 73 9 r 687 1 __ __ _do do _ do 6 0 28 32 57 28 29 48 33 15 6 4 17 4 7 4 5 2 0 2 5 4 7 34 14 58 23 35 81 38 4 3 33 4 1 35 6 38 2 7 11 75 4 4 31 88 71 16 64 6 2 2 76 6 5 10 r 10 1 r4 4 r5 7 Nondurable goods, total 9 Clothing and shoes Food and beverages _ Gasoline and oil Services, total 9--- Household operation Housing Transportation do _ do do _do .. -~ -- _ _ _ _ _ Gross private domestic investment, total Fixed investment do Nonresidential _ do Structures __ _ do Producers' durable equipment. _do_ _ Residential structures do Nonfarm _ do Change in business inventories—, _ _ _ _ do . Nonfarm __ __ _ _do_ „ Net exports of goods and services Exports. _ Imports Inventory change, total Durable goods _ Nondurable goods. _ . do do_ _ do 3 7 5 2 6 0 4 3 1 1 0 1 0 4 5 8 9 2 I i 179 26 66 12 2 0 r6 9 r 40 8 r 33 9 r 344 5 r 138 0 r 206 5 r 268 0 74 5 GNP in constant (1958) dollars Gross national product, total Personal consumption expenditures, total Durable goods _ _ _ Nondurable goods ._ Services Gross private domestic investment, total Fixed investment _ _ _ Nonresidential Residential structures Change in business inventories Net exports of goods and services bil. $._ 530.0 550. 0 577.6 538.5 541.2 544. 9 553.7 560.0 567.1 575.9 582.6 584.7 597; 7 603.5 613.0 ' 624. 4 _do 338.6 352 4 372 1 344 8 348 3 350 0 355 1 356 4 364 5 369 8 377 3 376 8 386 1 390 5 396.9 49 2 158 4 131. 1 53 2 161 8 137 3 58 5 169 4 144.2 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 64 5 173 2 148 4 63 4 176 4 150 7 66 4 r67 9 177 8 r 181 0 152. 7 ' 154. 4 do 79.4 82.3 86.3 80.7 78.7 80.5 83.0 86.9 83.8 85.2 86.0 90.2 95.4 94.2 96.9 r 100. 5 do do do. do.___ 73 4 49 7 23.8 6.0 76 6 51 9 24 7 5.7 81 7 57 1 24 6 4.6 74 5 50 7 23.8 6.2 74 2 50 0 24 2 4.4 75 8 51 2 24 6 4.6 77 2 52 6 24 6 5.8 79 o 53 7 25 3 7.9 80 7 55 1 25 7 3.0 80 7 55 7 25*0 4.5 82 2 58 1 24 1 3.8 83 1 59 6 23 6 7.1 86 8 62 5 24 3 8.6 88 1 63 7 24 4 6.2 89 7 66.0 23.7 7.2 4.5 56 85 4 4 4 0 58 55 71 90 81 8 7 83 51 66 6.2 108.5 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 50.8 109.9 112.8 58 2 59 9 52.9 51.7 9 Includes data not shown separately. 110. 5 57 1 109.4 56 1 53.3 111.2 56 4 54. 8 112.1 56 8 55.3 do do do. . ..do Govt. purchases of goods and services, total. _do__107.5 109.8 Federal _ do 60 0 59 7 State and local do_ 47.5 50.0 ' Revised. v Preliminary. i Annual totals for 1965 for components in this column appear on p. 14 ff. of this issue of the SURVEY. 799-216 O-66-3 110.7 57 8 52.8 shown 53. 4 r 403 3 '90 7 '67.6 23.1 '9.8 T 6.2 113.0 '114.3 57.0 ' 58. 2 56.0 '56.2 S-2 SUR VEY Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1962 | 1963 OF CUREENT BUSINESS 1964 1964 1963 II I Annual total February 1966 III IV I II 1965 « III I IV II 1966 III IV I GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT-Con. Quarterly Data Seasonally Adjusted at Annual Rates National income total bil $ 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, total 9 do Business and professional 9 do Farm _ do __ Rental income of persons do Corporate profits and inventory valuation adjustment, total bil. $ By broad industry groups: Nonfinancial corporations, total do Manufacturing, total _ _ do_ Nondurable goods industries do Durable goods industries do Transportation, communication, and public utilities bil $ All other industries do Corporate profits before tax total do Corporate profits tax liability do Corporate profits after tax do Dividends _ _ _ do _ Undistributed profits do Inventory valuation adjustment do Net interest do DISPOSITION OF PERSONAL INCOME Quarterly Data Seasonally Adjusted at Annual Rates Personal income, total bil. $ Less* Personal tax and nontax payments do Equals' Disposable personal income do Less* Personal outlays© do Equals' Personal saving§ do NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: All industries bil. $ Manufacturing do Durable goods industries- _ i do Nondurable goods industries _ _ _ do Mining _ _ do__ Railroad do _ Transportation, other than rail do Public utilities _ do Communication do Commercial and other do Seas. adj. qtrly. totals at annual rates: All industries _ do Manufacturing do Durable goods industries do Nondurable goods industries do Mining do Railroad do Transportation, other than rail do Public utilities do C ommunication do Commercial and other do U.S. BALANCE OP INTERNATIONAL PAYMENTScf Quarterly Data Are Seasonally Adjusted U S payments recorded mil $ Imports: Merchandise do Military expenditures do Other services do Remittances and pensions do Govt grants and capital outflows If do Increase in U S private assets net do Direct investments do Long-term portfolio do Short-term do 457 7 323 6 296.1 240 1 10.8 45.2 27 5 50.1 37.1 13.0 16.7 481 1 341 0 311.2 251 6 10.8 48.8 29 8 50.8 37 8 13.0 17.6 55.7 58 1 64.5 81 47 6 26.6 12 5 14 1 75 50 6 28.7 13 2 15 4 8 0 56.5 32.1 14 9 17 2 48.6 26.8 12 6 14 2 50 1 28.7 13 4 15 4 51.6 29.5 13 4 16.1 52.2 29.7 13 5 16.1 56.2 31.9 14 4 17.5 56.7 32.1 15 0 17. 1 57.0 32.5 15.0 17.5 8 5 12 4 55 4 24.2 31 2 15.2 16 0 10 0 14 3 64 8 27.6 37 2 17.2 19.9 89 12 9 56 1 24.9 31 2 15.6 15.6 91 12 2 58 5 26.0 32 6 15.7 16.8 9 5 12 6 58.9 26.1 32 8 15.8 17.0 10.2 14.4 65.3 27.8 37.5 17.4 20.1 -.9 .2 10.1 14.5 64.5 27.5 37 0 17.1 19.9 .0 .2 15.2 12.7 13.2 13.9 9 4 13.1 60.8 27.0 33 8 16.1 17.7 -1.2 14.5 99 14.5 64.0 27.3 36 7 16.7 20.0 11.6 9 2 12 7 58 6 26 0 32 6 15.8 16 8 — 4 13.6 14.5 15.0 15.4 442.6 464.8 495.0 456.1 60.4 460.1 60.6 467.1 61.0 406.1 475.6 483.0 61.6 414.0 60.4 422. 6 490.6 59 2 377.1 18.5 399.3 433.6 406.3 18.9 19.8 24.4 23.3 27.3 499.1 58.8 440. 3 415.3 25.0 9.74 3.92 1.96 1.95 10.14 3.95 1.96 1.99 11.09 4.56 2,31 2.25 9.40 3.79 1.93 1.87 11.11 4. 53 2.30 2.23 11.54 4.67 2.37 2.30 .28 .33 .54 .26 .32 .51 .29 .36 .63 1.61 1.06 2.72 1.18 2.37 1.58 1.10 2.61 41.20 16.45 8.30 8.15 1.05 1.35 2.10 5.80 4.05 10.45 42.55 17.40 8.85 8.55 1.15 1.40 2.30 5.95 4.05 10.25 .3 57 4 60 9 403 8 514 4 365 3 470 4 333 6 476 7 338 0 333.5 304.5 246.3 308.4 10.5 47.7 29 0 50.7 37.5 13.2 17.1 56.3 269 2 11.7 52.6 31 8 51.1 39 1 12.0 18.2 -.3 385.3 363.7 383.4 435.8 409.5 21 6 20 4 26 3 37.31 14.68 7.03 7.65 1.08 39.22 44.90 15.69 7.85 7.84 1.04 1.10 1.92 5.65 3.79 10.03 18.58 9.43 9.16 1.19 1.41 2.38 6.22 4.30 10.83 .85 2.07 5.48 3.63 9.52 .2 395.7 8.25 3.27 1.62 1.65 .24 .21 .39 64.5 65.5 64.9 71.7 72.0 73.5 8.4 85 56.4 32.3 15.3 17.1 83 63.4 37.3 16.6 20.8 89 63.2 36.7 16.6 20.1 92 64.3 37.3 16.6 20.7 10.1 14.0 65.9 28.1 37.8 17.7 20.0 -1.0 15.7 10.5 15.5 73.1 29.5 43.6 18.0 25.7 -1.4 16.1 10.5 16.0 73.9 29.8 44.1 18.6 25.5 -1.8 16.4 11.0 16.0 74.6 30.1 44.5 19.2 p 19.9 25.3 -1.2 rp-1.8 16.7 * 17.1 507.1 60.7 524.7 416.9 29.5 516.2 64.8 451.4 428.1 23.3 436.1 22.4 546.0 65.7 480.3 444,4 ' 453. 2 26.8 r27.1 12.84 5.59 2.83 2.76 10.79 4.54 2.25 2.28 12.81 5.47 2.76 2.70 13.41 5.73 2.91 2.82 1.71 1.06 2.84 1.76 1.17 3.01 1.32 1.08 2.59 1.71 1.24 2.85 1.22 3.10 43.50 45.65 47.75 18.85 9.60 9.20 1.20 1.50 2.40 6.30 4.40 11.00 20.15 10.15 10.00 1.30 1.55 2.60 6.35 4.40 11.40 49.00 20.75 50.35 17.80 9.00 8.80 1.15 1.25 2.25 6.30 4.30 10.45 324.2 330.4 48.4 29 6 50.5 37 6 12.9 17.4 261 6 11 6 51.0 30 8 50.4 38 5 11.9 17.9 57.6 59.1 59.6 63.6 249 4 io 6 399.4 380.5 .26 .28 .54 386.3 .27 .29 .45 1.60 2.26 2.64 36.95 38.05 40.00 14.85 7.35 7.50 1.05 15.30 7. 65 7.65 1.00 1.00 2.05 5.45 3.65 9.65 15.95 8.00 8.00 1.05 1.20 . 1.85 5.90 3.85 10.20 .95 .93 389.5 -.4 .97 56.9 .30 .37 .59 342.6 276.5 446.4 .33 .35 .64 540 6 382 4 348.9 .29 .39 .58 549 5 387 9 353.6 66.2 458.5 .33 .44 .77 10.40 10.40 1.25 1.75 2.55 6.80 4.55 11. 30 21.55 10.80 10.70 1.30 1.55 2.70 6.85 4.80 11.60 557 9 393 7 p 403. 6 359.0 v 368. 1 290.0 p 296. 1 12.3 v 13.7 56.7 v 58.3 34.7 •P 35.5 55.4 *>56.2 40.4 •p 40.7 15.0 p 15.5 18.6 * 18.7 536.0 64.8 471.2 i 14. 82 2 12. 48 5.40 6.78 3.41 2.70 .2.70 3.37 .32 .32 .35 .44 .40 .40 .72 .89 .76 1.88 1.47 1.94 5.05 11.95 39 150 9,218 9,195 9,737 11, 000 8,877 9,645 9,932 16 992 2 929 6 515 18 619 2 824 7 014 4,410 4,599 720 4,709 691 4,901 5,469 702 5,521 681 4,663 662 1,832 1,926 1,920 3 581 4 456 1 976 1 695 3 563 6 462 2 376 1 975 2 111 209 753 203 890 207 895 1,800 1 327 1,344 1,569 837 785 378 839 171 732 1,736 1,742 1,736 2,222 821 833 568 151 540 256 548 303 9,347 10, 028 6,343 6,258 6,550 1,396 1,345 1,395 1,338 356 48 231 77 1, 025 551 470 406 —70 464 274 589 51 9,506 422 187 71 164 220 1,392 1,393 693 -116 639 170 224 797 1,541 1,159 679 -297 290 959 367 891 -100 -424 11, 430 —842 8,880 -68 9,722 6,899 5,760 6,977 1,274 1,434 1.823 934 613 276 -288 —152 -291 -430 —257 —582 -593 -1, 366 1,549 1,356 215 -200 67 348 -3 -709 1,646 1,469 -370 -273 3 4. 59 34.01 52.75 i 54. 85 2 56. 70 23.00 24.35 24.70 11.75 12.40 12.20 11.25 12.25 12.15 1.25 1.35 1.40 1.80 1.70 1.70 3.90 3.00 3.10 6.75 7.65 6.95 34 932 U S receipts recorded do 35 333 40 311 Exports: Merchandise and military sales do 22 728 26 050 Income on investments do 5 457 4 654 Other services do 4 971 5, 510 Increase in foreign assets in U S do 2 980 3 294 Liquid assets* Foreign official agencies f do 1 599 1 053 Other foreign accounts do 1 554 619 Other liquid assets do 762 687 Unrecorded transactions (net) do —401 —1 161 Increase in U.S. official reserve assets and decrease 2 798 in liquid liabilities to all foreigners mil $ 2 670 Increase in U.S. official reserve assets and decrease in liquid and certain nonliquid liabilities to foreign official agencies. _ __ „ mil. $ _ -1, 977 -1.224 r Revised. * Preliminary. <* See note 1 on p. S-l. 1 Estimates for Oct.-Dec. 1965 based on anticipated capital expenditures of business. 2 Estimates for Jan.-Mar. 1966 based on anticipated capital expenditures of business. Anticipated expenditures for the year 1965 are as follows (in bil. $): All industries, 51.83; manufacturing, total, 22.51; durable goods industries, 11.34; nondurable goods industries, 11.18; mining, 1.30; railroad, 1.68; transportation, 2.83; public utilities, 6.84; commercial and other 3 (incl. communication), 16.66. includes communication. 285 9 11.8 55.9 34 3 54.6 40.1 14.5 18.6 510 5 361 9 2.41 .90 282 0 11.8 55.0 33 5 51.9 39.9 12.0 18.5 501 6 355 1 1.40 1.70 5.20 3.55 9.65 11.9 54.3 32.7 51.8 39.6 12.2 18.5 492 6 349 5 318.8 257 4 11.6 49.9 30 7 51.0 38 0 13.0 18.0 1.04 .85 526 3 375 4 266 9 11.6 51.9 31 5 51.0 39.0 12.0 18.1 519 5 369. 0 336. 8 271.7 11.7 53.3 32.2 51.4 39.4 12.0 18.3 484 6 343 0 312.9 253 2 10.7 49.1 3t) 1 50.9 37.9 13.0 17.7 3 17. 30 3 17. 30 735 235 739 822 515 356 -49 -40 10,216 7,016 1,527 1,483 190 -300 745 -37 -60 -77 -255 -284 242 -485 205 260 -642 -783 -351 46 -136 9 Includes inventory valuation adjustment. ©Personal outlays comprise personal consumption expenditures, interest paid by consumers, and personal transfer payments to foreigners. §Personal saving is excess of disposable income over personal outlays. cf More complete details are given in the quarterly reviews in the Mar., June, Sept., and Dec. issues of the SURVEY. f Less payment on U.S. Govt. loans. \ Includes certain nonmarketable, medium-term, nonconvertible Govt. securities. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1966 1965 1964 Dec. S-3 Jan. Feb. Mar. Apr. May June July Sept. Aug. Oct. Nov. Jan.p Dec. GENERAL BUSINESS INDICATORS—Monthly Series PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates: Total personal income 464.8 495.0 512.0 i 513. 0 515.4 515.2 517.8 520.5 525.0 528.5 530.4 532.1 2 634. 8 545.4 541.3 546.1 ' 550. 9 311.2 125.7 100.6 76.0 333.5 133.9 107.2 81.1 346. 2 139.8 111.9 83.8 346.5 139.8 112.2 83.8 348.9 140. 8 113.0 84.7 351.1 141.9 113.9 85.5 351.5 141.4 113.6 85.6 353.9 142.3 114.1 86.2 355.4 143.1 114.8 86.5 357.4 144.0 115.6 86.8 358.8 144.6 116.1 87.0 360.8 144.7 116.4 87.2 364.7 146. 1 117.5 87.8 368.3 148. 1 119.1 88.2 do do do 49.9 59.6 14.8 54.1 64.3 16.5 56.2 66.4 17.1 56. 3 66.6 17.4 56.6 66.8 17.5 56.7 67.0 17.6 57.2 67.4 18.0 57.6 67.7 18.1 57.8 68.0 18.2 58.2 68.3 18.3 58.5 68.7 18.4 58.8 70.1 18.4 59.6 71.3 18.6 . do do 37.8 13.0 39.1 12.0 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 40.3 15.2 40.4 14.9 40.5 14.9 17.6 15.8 31.1 35.2 18.2 17.2 34.3 36.6 18.5 18.1 35.5 37.0 18.5 17.9 35.7 140.1 18.5 18.0 36.0 37.4 18.5 18.0 36.2 37.6 18.6 18.2 36.5 37.8 18.6 18.5 36.7 37.4 18.6 19.1 37.0 37.2 18.6 19.0 37.2 37.6 18.6 19.2 37.5 37.7 18.6 19.5 37. 7 248.4 bil. $ Wage and salary disbursements, total do Commodity-producing industries, total-do Manufacturing . _ do Distributive industries do Service industries Government Other labor income Proprietors' income: Business and professional Farm Bental income of persons... do Dividends . do Personal interest income do Transfer payments.. do Less personal contributions for social insurance bil. $._ Total nonagricultural income 11.8 12.4 12.8 12.9 12.9 13.0 12.9 13.0 13.1 13.2 13.3 447.4 478.7 495.3 i 498. 7 499.0 502.2 503.2 505.8 508.2 510.8 512.9 38, 939 39, 068 3,529 3,284 2,429 2,702 2,549 2,574 2,922 3,152 37, 253 17, 327 19,926 4, 847 11, 441 3,312 36, 899 17, 135 19, 764 5,008 11, 090 3,335 3, 479 1,859 1,620 428 888 282 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 3,046 1,297 1,749 413 1,029 291 116 126 108 114 124 107 129 162 105 119 138 105 85 72 95 91 65 111 92 70 108 95 72 112 108 96 116 116 119 114 118 119 117 135 161 116 124 140 113 84 63 101 88 48 118 86 48 114 87 51 114 124.3 132.3 135.5 136.7 139.1 141.7 141.6 do do do do do 124.9 124.5 125.3 107.9 140.0 133.1 133. 5 132.6 111. 3 151.3 136.4 140.7 131.1 112.1 137. 7 140.7 133.8 110.8 140.5 143.5 136.8 111.1 143.5 147. 1 139.0 111.1 do do do do do_-_- 124.9 125. 2 134. 4 122.3 124.2 131.8 131.7 142.8 128.1 132.0 135.1 133. 3 156.7 125.8 139.1 136.7 136.0 156.8 129.4 138.3 138. 3 137.7 161.5 130.1 139.8 do do do 123.7 121.2 126.3 132.8 131.2 134.3 135. 9 135.2 136.6 136.7 135.7 137. 8 do 124.3 132.3 138.1 do 124.9 133.1 139.4 do do do do do do 124.5 113.3 109.6 126.7 123.4 120.2 133. 5 129.1 126.5 138.3 132.7 130.3 140.9 138.6 136.4 150.9 139.7 137.2 142.0 139. 6 137.1 148.0 140.6 137.0 do '371.3 551.6 '88.7 373.3 150.1 120.8 89.2 60.0 72.0 18.9 . ' 60. 4 72.6 19.0 60.7 73.2 19.2 40.6 15.3 40.7 15.5 40.8 15.7 40.9 15.7 18.7 19.7 37.9 39.3 18.7 19.9 38.2 39.6 18.7 20.2 38.5 '40.3 18.8 20.4 38.8 41.0 r 149. r 120. 5 0 13.4 13.5 13.6 13.7 16.5 526. 2 521.7 526. 3 ' 530. 7 531.5 3,864 4,521 5,263 4,370 v 3, 751 3,224 1, 336 1,888 405 1,146 318 3,903 1,883 2,020 397 1,275 332 4,923 2,770 2,153 422 1,359 358 4,287 2,208 2,079 410 1,309 348 p 3, 698 v 1, 773 p 1,925 f 437 p 1, 133 ^332 113 113 114 120 116 123 145 164 131 183 241 140 160 192 135 138 155 125 105 91 115 114 117 111 118 116 119 140 160 126 181 242 135 160 200 129 132 158 113 142.6 145.2 139.3 143.2 145.9 149.9 143.4 147.5 138.2 113.0 144.6 149.0 139.0 114.4 147.2 151.7 141.5 115.9 140.3 144.9 134.6 112.3 143.9 143.3 144.7 118.2 147.5 ' 152. 3 * 150. 5 148.3 r' 154. 6 154.6 146.5 149. 4 145.5 114.2 ' 118. 4 r 116. 6 ' ' ' ' 140.9 140.5 167.8 131.8 141.6 138.5 136.9 162.6 128.7 142.0 139.8 137.8 163.6 129.6 144.2 143.2 141.6 165.8 133.9 146.8 138.3 135.2 147.0 131.4 144.9 141.1 138.9 129.6 141.8 145.9 151.4 145.7 143.8 r 150.1 148.4 174. 9 142.3 142.2 149.7 ' 154. 2 139.8 138.7 140.9 142.5 142.9 142.0 144.3 144.4" 144.3 145.0 146.9 143.1 147.0 149.5 144.5 140.3 142.9 137.5 145.1 144.5 145.7 146.2 148.6 ' 147. 6 ' 146. 0 146.6 ' 147. 6 ' 145. 3 ' 144. 8 149. 7 ' 149. 9 ' 147. 3 145.8 138.6 139.2 140.7 140.9 141. 6 142.7 144.2 144. 5 143.5 ' 145. 1 ' 146. 4 ' 148. 5 149.9 140.2 140.8 142.3 142.4 143.1 144.1 145.7 146.0 145. 2 ' 146. 7 ' 148. 3 ' 150. 5 152.0 142.7 136.9 137.0 149.0 145.0 140.9 144.8 140.4 139. 5 151.0 145.2 144.1 145.5 141.4 141.2 153.6 147.4 144.3 146.4 140.2 139. 7 153.4 146.0 142.7 148.1 143.0 143.3 146.1 146.4 144.3 150.0 148.7 152.1 138.4 148.0 145.5 150. 5 146.5 143.3 149.0 147.5 145.0 148.2 131.2 125.0 152.3 147.0 144.7 r 151. 5 ' 154. 9 ' 119. 6 ' 125. 8 ' 118. 2 ' 159. 7 158.9 ' 153. 6 '•156.2 ' 152. 6 ' 154. 0 157.1 130 122 2 FARM INCOME AND MARKETINGS pash receipts from farming, including Government payments (48 States), total mil. $__ Farm marketings and CCC loans, total _ .do Crops _ do Livestock and products, total 9 __do_ __ Dairy products • do Meat animals . do Poultry and eggs do _ Indexes of cash receipts from marketings and CCC loans, unadjusted: All commodities 1957-59=100__ Crops do Livestock and products .. _ _ _ d o Indexes of volume of farm marketings, unadjusted: All commodities 1957-59=100-. Crops _•_ _ do Livestock and products do INDUSTRIAL PRODUCTION Federal Reserve Index of Quantity Output 1 Unadj., total index (incl. utilities) By industry groupings: Manufacturing, total Durable manufactures .. Nondurable manufactures Mining Utilities.. 1957-59 =100__ By market groupings: Final products, total Consumer goods. _ _ Automotive and home goods. _ Apparel and staples Equipment, including defense Materials Durable goods materials _. Nondurable materials Seas, adj., total index (incl. utilities) By industry groupings: Manufacturing, total . Durable manufactures 9 . _ Primary metals Iron and steel _ _ • Nonferrous metals and products Fabricated metal products Structural metal parts.— Machinery. Nonelectrical machinery. Electrical machinery Transportation equipment 9 Motor vehicles and parts Aircraft and other equipment.. _ _ do do do do do do 129.2 126.9 132.3 127.0 146.1 109.5 141. 4 142.1 140.6 130.7 150.1 112.4 150.1 150. 7 149.2 140.3 167.4 115.0 Instruments and related products Clay, glass, and stone products Lumber and products <. Furniture and fixtures Miscellaneous manufactures do do do____ do__ __ do 130.2 117.5 108.9 133.1 125.0 136.4 126.0 112.6 143. 4 133.4 142.0 142. 7 130.2 , 132.4 105.5 111.9 151.5 150.6 139.1 139.6 150. 7 151.3 150.0 141.4 169.1 115.5 . 152.5 152.7 152.3 139. 7 167.7 114. 1 153.9 153.8 154.1 144.4 176.4 115.3 155.4 155.2 155. 8 144.6 173. 2 118.6 156.9 157.0 156. 8 147.3 175.5 121.7 159.0 159.4 158.4 149. 5 178.0 123. 3 160.6 161.7 159.2 149.8 177.4 124.1 161.4 162.4 160.1 151.5 177.5 127.3 166.0 162.3 162.4 165.8 162.1 166.2 155.0 149.4 177.1 175. 2 125. 6 ' 134. 4 145.3 131.8 115.6 154. 3 140.8 146.9 129.2 120.5 154.3 142.4 145.5 129.9 114.2 155.6 143.2 147.0 130.3 117.1 156.5 143.6 149.8 131.6 112.8 156.8 143.6 152.1 132. 6 115.4 155.8 143.5 152.6 133.5 117.2 156.3 146.6 155.7 133.8 116.2 156.8 147. 1 Nondurable manufactures do 125.3 137. 6 132.6 137.9 138.4 Textile mill products do 130.3 116.9 122.9 132.0 131.7 Apparel products do 134.1 140.6 125.6 142.2 143.7 Leather and products __do 99.8 105.6 102.6 106. 6 108.7 Paper and products. do 140.2 125.1 133.4 139.1 137. 5 'Revised. p Preliminary. i Italicized total exc udes step ped-up ra eofNSI ,1 divide tid payments to veterans; total disbursements of $200 mi lion put o n annual rate basis amount ed to $2.4 billion. Figures for transfer payments and total non agricultur al incom e reflect!ng similar exclusions are as follows (bil. $): 37.7 and 496 3. 150.3 123. 7 115.8 155.0 150.9 148.2 r 148. 1 ' 146. 0 147.7 147. 7 154. 7 138. 9 116. 4 149.2 155.4 141.4 116.2 ' 146. 1 ' 139. 7 ' 168. 4 147. 9 141.9 167 ' 159. 9 160.8 ' 148. 7 ' 145. 2 ' 173. 3 136.3 ' 156. 1 r 110. 5 r 147. 5 146 149 158 154 171. 0 ' 169. 4 ' 168. 4 r 173. 1 * 157. 4 ' 160. 7 ' 178. 0 ' 179. 0 r 138. C ' 143. 4 174 172 177 162 179 146 158. 0 r 159. 0 ' 162. 2 134.4 ' 134. 8 ' 136. 5 124.7 119.1 118.3 159. 7 ' 162. 6 165.7 150.4 r 153. 0 155.6 165 139 r 168. 0 r 167. 8 167 153 r 139. 1 138.5 140.4 138.8 139.0 140.4 141.3 r 142.1 r 144. 2 '145.1' 145.7 132. 2 131. 6 131.5 132.2 134.8 137. 7 '139.0 139.6 133.8 135.7 144.3 144.0 145.3 141.9 145.4 147. 3 145.7 143.8 143.8 106.1 105.0 110.9 107.0 110.1 107.7 109.3 105.1 108.2 139.0 140.0 141.1 140.9 142.1 139.4 143. 9 * 143. 6 ' 147. 4 148.7 2 itaiicized to tal exclu des and other foe>tnoted f igures in elude rel roactive lump-su m pay ment 3f social security benefits ; disbursements of $885 million put on a nnual ra te basis amoun ted to $] 0.6 billio n. 9Im3ludes d£tta for it Bms not shown s eparatelj SURVEY OF CURRENT BUSINESS S-4 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 Annual 1964 Dec. February 1966 1965 Jan. Feb. Mar. Apr. May June 1966 July Aug. Sept. Oct. Nov. Dec. Jan. 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 Rubber and plastics products Foods and beverages Food manufactures _ _ _ Beverages ___ _ Tobacco products - - By market groupings: Final products, total. Consumer goods Automotive and home goods 123.3 117.0 159.6 178 4 121.0 126.2 122.6 166.4 187.9 120.9 126.8 121.4 166.7 186.0 119.0 127.7 120.9 167.8 188.2 121.5 128.5 121.0 169.5 190.8 122.2 128.3 120.7 169.2 191.6 121.5 129.3 121.5 169.3 191.7 122. 9 130.0 124.7 169.9 192.9 121.8 131.3 126.2 172.8 194.9 124.5 133.0 129.7 174.2 195.7 125.8 131.1 129. 3 125.1 120.1 176.6 177.1 200.9 199.9 125.1 ' 124. 0 140.0 116.9 116.8 117.8 115.2 156.3 120.8 120.1 124.4 120.8 165.7 123.8 122.9 128.6 125.4 164.7 124.3 123.0 131.4 122.2 171.1 123.4 122.6 127.4 123.5 172.6 123.4 122.4 128.6 127.2 167.7 122.5 122.6 121.8 120.9 168.2 121.9 120.6 129.0 116.5 169.1 122.3 121.2 128. 5 121.8 170.2 123.1 122.6 125. 9 119.9 168.1 122.4 121.9 125.0 120.7 171.2 123.2 121.8 131.0 120.6 do do do do __ do do 107.9 102.5 107.9 108.1 112.3 112.1 111.3 107.1 110.4 109.9 117.4 118.7 112.5 110.1 110.4 110.9 121.8 123.4 111.8 107. 7 109.8 109.8 126.7 120.8 111.8 103.2 110.6 108.6 123.4 122.9 112.5 103.1 111.4 110.5 124.6 124.1 113.0 107.9 112.0 111.4 125.8 118.2 114. 0 113. 0 111.9 111.3 121.6 123.9 115.3 117. 1 112. 5 112.2 123.7 125.8 116.0 117.1 113.0 112.1 126.4 127.3 117. 0 115.2 114.2 113. 4 130. 2 129.1 112. 6 ' 115. 8 116.8 106.7 110.6 ' 114. 0 114. 0 108.5 116.5 122.4 125.5 127.4 do ___ do do 140.0 142.6 131.9 151.3 153.9 143.4 157.1 159.4 149.6 154.9 158.5 143.6 156.1 159.6 145. 4 158.5 162.4 146.0 159.9 164.0 147.2 160.4 164.3 147.8 162.5 ' 161. 3 165.8 167.1 147.9 147. 1 124.9 125.2 134.4 131.8 131.7 142.8 138.1 138.0 156.9 138.4 138.4 157.4 138.5 138.0 157.3 140.1 140.0 161.9 139.4 138.5 158.2 140.2 138.6 158.5 140.7 138.7 158.2 141.7 139.3 158.1 do -do do do do Mining •_ Coal Crude oil and natural gas Crude oil Metal mining Stone and earth minerals Utilities Electric Gas 116.4 108.0 148.6 162.7 117.1 do do _ _ do _ r ' 133. 2 127.2 ' 178. 4 202.7 ' 126. 1 175.5 183.5 123.6 125.0 122.1 ' 123. 5 131.8 133.0 114.5 118.8 134.4 129. 5 179.9 136 126.0 125.1 123.6 ' 115. 5 ' 116. 9 115.7 ' 118. 5 ' 113. 9 '113.5 114.5 115.1 ' 106. 2 116.4 ' 133. 2 138.6 117.7 114 115 117 165.7 ' 165. 1 ' 165. 0 171.3 170.5 165.0 142.3 139.5 158.1 143.3 ' 145. 7 ' 147. 4 ' 148. 8 140.7 ' 141. 7 ' 142. 8 ' 144. 1 158. 5 '161.7 ' 163. 0 ' 166. 6 149.5 144.2 167 161. 4 166.2 146.4 r 165. 3 170.9 147.5 ' 168. 6 181.1 ' 152. 0 ' 156. 9 ' 154. 0 154.9 Automotive products.. Autos Auto parts and allied products Home goods 9 Appliances TV and radios Furniture and rugs do do do do do do 141.2 149.5 130. 2 129.6 125 1 131.3 145.1 150.6 138 0 141.1 137 1 142.4 166.2 183.0 144.0 150.5 149 4 149.7 165.7 182.8 143.1 151.7 147.2 150.6 163. 8 178.9 143. 9 152.7 148.7 152.6 173.1 194.2 145.2 154.0 150.8 152.7 166.9 183.5 145.1 152.1 149.0 152. 0 168. 1 184.9 146.0 151.8 147.6 154.4 168.1 187.1 143.0 151.3 148.8 153.5 167. 8 184.6 145.8 151.2 146.5 154.0 169. 8 184.3 150.7 149.8 145 2 152.3 166.5 178. 1 151.2 153.0 149 1 152. 0 Apparel and staples Apparel incl knit goods and shoes Consumer staples Processed foods do do do do 122.3 117.6 123.7 116.6 128 1 124.2 129.3 119.9 132 0 129. 4 132.7 122.5 132.4 131.6 132.6 122.3 131.9 131.8 131.9 121.3 133.0 132.5 133.2 122.1 132.3 131.8 132.4 122.1 132.2 132.5 132.2 121.1 132.8 133.2 132.7 120.7 133.7 132. 2 134.1 122.4 133 6 131 9 134.1 121.6 135 0 134.0 135.3 121.6 135.4 136.4 135.1 136.6 135.4 ' 136. 4 ' 136. 6 122.2 ' 123. 1 123.1 do do do do 116.9 140.1 117 8 133.5 123.2 146.9 123 7 142.3 127.5 151.8 124 3 146.9 128.3 154.2 125.8 143.9 126.1 152.8 125.3 145.4 128.1 154.2 128.6 146.5 121.5 152.6 126.9 148.8 124.8 151.9 126.6 148.2 126.2 152.9 125.6 150.6 123.9 157.0 128.0 151.2 123.6 160.1 128 0 150.6 127. 5 161.3 126 1 154.2 126.0 159.2 126.3 156.0 E quipment , including defense 9 _do Business equipment _ _ do Industrial equipment do Commercial equipment do Freight and passenger equipment do Farm equipment do 124.2 128.3 123.0 142 4 132. 2 121.6 132.0 139.1 137.0 145 3 141 0 133.1 138.4 148.5 145.9 152 4 155.2 142.1 138.2 147.7 144.8 152.5 154.0 142.5 139.4 149.2 147.1 156 2 150.7 141.3 140.4 150.1 148.3 159.1 148.2 140.4 141.2 150.9 148.4 161.3 150.8 138.3 143. 7 153.5 150.6 162.3 157.1 141. 7 144.9 154.6 151.9 164.1 157.8 143.7 147.0 156.4 155.1 165.2 155.0 145.3 148.4 157.8 153.8 165 2 163.6 157.1 149.0 ' 154. 3 159.0 ' 164. 3 159.4 155.3 169.7 166 4 178.7 164 2 155.4 ' 155. 7 ' ' ' ' ' 157. 3 ' 159. 0 167. 2 ' 169. 0 162.0 162. 0 172 7 176 2 180. 4 190.8 165.8 160.81 171 & do do do do do 123.7 121.2 137.2 125.4 116.3 132.8 131. 2 145.8 134.4 124.5 138.0 136.8 156.1 141.5 127.5 138.8 138.0 159.6 142.6 128.3 139.7 139.0 164.9 143.8 130.8 141.7 142.6 166.3 146.9 133.5 142.6 142.9 163.4 147.5 130.5 142.6 143.4 162.3 148.7 131.4 144.5 146.1 169.9 150.0 131.3 146.4 148.4 171.8 153.3 132.7 146.1 147.3 167.9 154.7 134.6 144.3 143.7 142.8 ' 142. 2 167.0 165.4 158.4 154. 2 135.3 134.5 ' ' ' ' ' 145. 6 ' 148. 3 143. 0 '146.4 168. 2 168.1 160. 0 163.5 137. 2 138.4 150.1 149 do do do do 126.3 120.3 120.2 120.4 134.3 127.4 127.9 127. 1 139.2 132.7 135.3 131. 4 139.5 133.2 136.3 131.6 140.5 135.6 138.0 134.4 140.6 134.2 129.7 136.5 142.4 135.1 137.3 134.0 141.8 134.1 132.0 135.2 143.4 134.8 132.0 136.2 145.0 137.6 136.1 138. 3 144.8 135.1 132.1 136.6 144.5 ' 146. 4 ' 148. 2 136.8 ' 140. 7 135.9 134.4 136.6 ' 144. 9 136.9 136.7 138.6 do do do 117.2 109.3 138.7 122.6 112.2 149.6 125.1 113.3 154.6 124.1 112.1 153.8 123.9 111.1 155.6 125. 7 112.3 158.5 127. 2 114.3 159.6 127.9 115.1 160.1 129.9 116.9 162.4 128.9 117.0 158.8 129.2 117.2 160.1 126.3 ' 129. 7 ' 130. 0 130.8 112.1 ' 117. 9 117.8 ' 118. 6 160.9 161.5 161.7 Beverages and tobacco Drugs, soap, and toiletries Newspapers magazines books Consumer fuel and lighting Materials -_ _ __ _ Durable goods materials 9 Consumer durable Equipment _ _ _ Construction Nondurable materials 9 Business supplies Containers General business supplies Business fuel and power 9 Mineral fuels Nonresidential utilities ._ ' 168. 7 ' 170. 0 182.5 182.4 150. 6 153. 7 159. 0 164.2 155. 2 161.5 157. 4 160.7 ' ' ' ' 128.2 '161.2 ' 127. 6 155.2 169 180 137 163.3 129.8 150.3 144 2 146.9 142.9 151 132 119 BUSINESS SALES AND INVENTORIES § Mfg and trade sales (seas adj),totalf Manufacturing, total Durable goods industries Nondurable goods industries Retail trade, total* Durable goods stores Nondurable goods stores mil $ : do do do do do do Mfg. and trade inventories, book value, end of year or month (seas adl ) total mil $ T^rmrhiraTilo amnAt ositaTilisjlrmonfc do do do do do do do do r\r\ 816, 028 *871 765 '76 253 417, 291 216, 847 200 444 do do do Merchant wholesalers, total Durable goods establishments Nondurable goods establishments Manufacturing, total Durable goods industries Nondurable goods industries Retail trade total! Durable goods stores Nondurable goods stores Merchant wholesalers, total Durable goods establishments 1 445, 552 230, 775 214, 777 39, 318 20, 559 18 759 r 75, 946 '75,807 '77,894 '77,493 '77,866 '78,027 '79,938 '78,938 '78,872 '79,760 '81 548 38, 885 20, 415 18 470 38, 693 20, 374 18, 319 40, 044 20, 915 19, 129 39, 814 20, 513 19, 301 39, 943 20, 652 19, 291 41, 452 21, 820 19, 632 40, 518 21, 191 19, 327 40, 173 20, 924 19 249 40, 548 '41, 403 21,146 '21,606 19 402 '19 797 82, 908 42, 380 22, 139 20, 241 246, 435 r261, 630 '22,757 '22,933 '23,168 '22,884 '22,829 '23, 334 '23,348 '23,658 '23,591 '23, 763 '24, 217 '24, 640 225,130 r 84, 173 ' 7, 567 r 7, 759 ' 7, 841 ' 7, 597 ' 7, 445 ' 7, 618 ' 7, 691 ' 7, 821 ' 7, 764 ' 7, 770 '7,871 ' 8, 050 2 8, 289 79, 527 !66 908 '177 457 r!5 190 '15 174 '15,327 '15,287 ' 15, 384 '15,716 '15 657 '15,837 '15,827 '15, 993 '16,346 ' 16, 590 2 16, 841 r 14, 725 6,240 8,485 14, 620 6,213 8,407 14, 718 6,352 8,366 14, 736 6 243 8,493 14, 828 6,369 8,458 14, 829 6,415 8,414 152, 302 62 924 89 377 164, 583 68 984 95 601 105 127 110 535 110 535 111 465 111 884 113 032 113 761 114 542 115 049 116 012 116 683 116 967 14 178 5 982 8 197 14, 128 6 069 8 060 13, 946 6 098 7,848 60, 147 62, 944 62, 944 63, 213 63, 382 36 028 38 412 38 412 38 495 38 692 24 119 24 532 24 532 24 718 24 690 29 383 31 130 31 130 31 478 31 635 T 12 386 ' 13 136 '13 136 r!3 493 r 13, 655 r iQ 997 r 17 994 '17 994 '17 985 '17 980 16, 461 16, 461 16, 9774 16, 867 15, 597 9 077 9 75 9 3°3 8 447 9 077 7 i*n 7 2ftd. 7 284. 7 4.QQ 7 K4.4. 2 ' Revised. *> Preliminary. 1 Based on unadjusted data. Advance estimate. 9Includes data for items not shown separately. fSee corresponding note on p. S-ll. §The term "business" here includes only manufacturing and trade, Business inventories 40, 285 21, 284 19, 001 63, 708 63, 999 64, 269 64, 625 38 972 39 233 39 475 39 951 24 736 24 766 24 794 24 674 32 260 32 546 32 823 33 014 '14,082 '14,298 '14,566 '14,546 '18 178 '18 248 '18 257 '18 468 17, 064 17, 216 17, 450 17, 410 9 589 9 592 9 428 9 454 7 fi2fi 7 7fi2 7 Rfil 7 R1Q 14, 936 6 405 8 531 14, 995 '15,505 6 424 ' 6, 666 8 571 ' 8, 840 117 653 '118 500 119 680 65, 394 65, 788 66, 267 66, 642 '67,192 40 600 40 814 41 300 41 523 '41 869 24 794 24 974 24 967 25 119 '25 323 33 088 33 360 33 045 33 296 33, 533 '14,592 '14,819 '14,621 '14,782 '14, 774 '18 496 '18 541 '18 424 '18 514 '18 759 17, 530 17, 535 17, 655 17, 715 '17,775 9 779 9 820 9 911 9 948 ' 10, 041 7 7fi1 7 71 R 7 742 15, 398 6,699 8,699 7 7fi7 «• 7. 734 67, 891 42 177 25, 714 33, 952 14, 782 19 170 17, 837 10, 110 7.727 as shown on p. S-l cover data for all types of producers; both farm and nonfarm. Unadjusted data for manufacturing are shown on p. S-5; those for retail trade on p. S-ll. SURVEY OF CURRENT BUSINESS February 1966 1964 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS Annual 1966 1965 1964 Dec. S-5 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. GENERAL BUSINESS INDICATORS—Continued BUSINESS SALES AND INVENTORIES— Con. Inventory-sales ratios: Manufacturing and trade, total t - -- ratio Manufacturing, total _ _ _ _ _ Durable goods industries Materials and supplies. Work in process __ Finished goods _ __ do _ _ _ do do do do do__ _ do__ _ __ Merchant wholesalers, total. _ do _ Durable goods establishments _ _do _ Nondurable goods establishments- _ do___ MANUFACTURERS' SALES, INVENTORIES, AND ORDERS Manufacturers' export sales: Durable goods industries (unadj.), total___mil. $__ Shipments (not seas, adj.), total 1.48 1.45 1.47 '1.48 1.45 1.47 1.47 1.47 1 45 1.48 1.48 1.48 r 1.45 1.44 1.69 1.94 .59 .80 .55 1 64 1.91 57 .79 54 1.60 1.87 .57 .77 .52 1.63 1.89 .57 .77 52 1.64 1.90 .58 .79 53 1.58 1.83 .57 .75 51 1.60 1.88 59 .77 51 1.61 1.92 61 79 52 1.62 1.93 61 .80 53 1 58 1 86 58 78 50 1.62 1.93 60 .82 51 1.65 1.97 61 .83 53 1.64 1.96 61 .83 53 1.62 '1.94 .60 .82 52 1.60 1.91 .58 .81 51 1.41 .59 .20 63 1.35 53 19 62 1.31 .51 .19 61 1.34 52 19 63 1.35 52 .19 63 1.30 .50 .19 61 1.29 50 18 60 1.28 50 18 60 1.28 50 19 59 1 26 49 18 59 1.29 50 19 60 1 30 51 19 60 1.29 50 20 59 '1.28 ' .50 .19 59 1.27 49 .19 59 1.39 1.79 1.20 1 40 1.86 1.18 1.37 1.74 1.18 1 37 1.74 1.19 '1 37 T 1.74 '1. 17 1 41 1.85 1.19 1 43 1 92 1 19 1 41 1 91 1 16 1 37 1 88 1 13 1.36 1.84 1.13 1 35 1 78 1.14 1.18 1.58 .90 1 17 1.51 .92 1.16 1.52 .90 1 19 1.53 .93 1 21 1 53 .96 1.16 1.51 .90 1 18 1 52 92 1 19 1 51 94 1 18 1 54 92 1 18 1 54 92 1 18 1 55 .91 1 18 1 55 91 1.15 1.51 .87 1 16 1 51 89 800 831 747 805 870 856 '884 1,000 37 844 39 443 41 198 42 185 '41 642 40 538 _ _do __ _ _ _ d o do do__ do Nondurable goods industries. Materials and supplies Work in process Finished goods Retail trade, totalf _ _ Durable goods stores __ _ Nondurable goods stores 1.50 . Durable goods industries, total 9 Stone, clay, and glass products Primary metals ___ Blast furnaces, steel mills Fabricated metal products 9,001 839 615 733 941 853 37 631 36 384 39 380 41 231 41 282 40 074 216, 847 11 369 35, 325 19, 033 22, 527 230, 775 11 525 38, 832 21,236 23 549 19, 969 18, 924 20 685 837 806 860 3,347 3 345 3 582 1,854 1, 945 2 060 1 931 1 757 1 947 21, 928 924 3 859 2,245 2 012 21 968 967 4 074 2 438 2 085 21 157 22 280 19 564 19 813 20 778 21 748 '21,738 1 010 1 095 1* 022 1 046 1 046 1 050 r '•993 3 613 3 639 3 273 3 590 3 266 3 215 3, 266 1 923 1 954 1* 847 2 076 1 675 1 595 ' 1, 612 2 025 2 147 2 122 2 088 r2 101 1 905 2 089 30, 200 28 777 58, 180 37, 843 6 997 33, 696 30 207 59 628 38, 450 7 523 3 207 2 748 6 176 4 223 704 3 228 2 718 5 866 3' 970 696 do 200, 444 do 69 987 do 4 596 do__ 16, 537 do _ _ 16, 263 do 30 811 do _ _ _ 17 414 do 9, 261 214, 777 75 883 4 693 17, 808 17, 116 33 578 18 187 10, 212 do do do _do__ do do Inventories, end of year or month: Book value (unadjusted), total Durable goods industries, total _ Nondurable goods industries, total. _ 2 695 2 407 5 300 3 654 589 3 021 2 676 5 755 3 832 650 18 695 19 303 19 314 18 917 19 634 Q 575 6 578 6 825 6 378 6 594 394 399 427 '374 439 1 601 1 636 1 574 1 553 1 679 1 559 1,640 1 617 l'566 1*653 3 073 3 221 3 180 2 919 3 189 1 545 1 530 1 553 l'584 1* 647 983 998 940 1 007 1* 028 39 318 38 693 38 885 2 2 5 3 898 616 444 628 647 20 437 '19 904 19 065 7 154 '7 018 6 877 '410 401 405 1 751 ' 1 721 1 569 1*718 ' 1 675 1*619 2 804 3 070 rr 2 958 1 613 1 642 1*650 '985 1 005 1*032 ' 650 41 452 20 513 20 652 21 820 '923 962 969 3 435 3 389 3 782 1 835 1 820 2 170 1 955 1*974 2 036 2 993 2 748 5 519 3 680 688 3 009 2 701 5 668 3 814 691 3 119 2 894 5 870 4 004 728 40 518 40 173 r 40 548 41 403 42 380 21 191 20 924 21 146 r21 606 22 139 953 926 ' 947 ' 1 013 1 116 3 708 3 237 3 204 ' 3 335 3 475 1* 652 1* 731 2 105 1 608 r 1 681 2 169 1 968 1 995 1 963 r 2 139 2 990 2 gOO 5 803 3 932 703 3 081 2 796 5*863 3 905 694 3 612 7 995 4 806 4 030 3 117 15 203 3,730 8 213 4,945 4 392 3,183 15 822 3 681 8 395 4*907 4 020 3' 063 15 978 3 769 8 280 4*948 4 088 3 001 15 728 3 705 8 374 4*942 4 232 3*062 15 628 3 788 8* 582 5 093 4 408 3* 169 16 412 3 700 8 554 5 001 4 347 3*058 15 858 3 715 8 K49 5 125 4 323 3 080 15 381 17, 902 25 953 42 331 1,621 2 185 3,732 1 574 2 197 3 755 1 567 2 222 3 709 1,625 2 281 3 872 1 594 2 259 3 871 1 567 2 281 3 849 1 553 2 298 3 838 1 644 2*324 4 070 1 564 2 341 3 878 1 567 2 422 3 980 3 127 '3 150 2 906 r 2 962 5 973 '5 907 4 037 r 3r 981 710 707 3 208 3 059 5 961 3 946 704 19 249 19 402 '19 797 20 241 6 821 6 845 '7 001 7 180 415 '394 405 411 1 581 1 609 ' 1 673 1 689 1 631 1 656 'r 1 691 1 731 2 942 2 982 3 067 3 140 1 603 1 614 1 639 r 1 619 951 1 074 958 r 1 012 3 735 '3 861 3 962 9 021 8 615 r g gl2 5 172 '5 175 5 276 4 452 r 4 41g 4 410 3 066 *3 252 3 354 15 508 ri5 885 16 357 1 618 r 1 674 2 402 r 2 385 4 035 '4 087 1 771 2 466 4 137 do do do 59 738 35 565 24 173 62 642 38 001 24 641 62 642 38, 001 24, 641 63 299 38 403 24, 896 63 761 38 875 24 886 64 065 39 265 24 800 64 366 39 633 24 733 64 769 40 033 24 736 64 979 40 321 24 658 65 088 40* 410 24 678 65 481 40 704 24 777 65 869 41 096 24* 773 66 218 r 66 777 41 212 r41 407 25, 006 ^25 370 67 502 41 685 25 817 62 944 63 213 63 382 63 708 63 999 64 269 64 625 65 394 65 788 66 267 66 642 r 67 192 67 891 60 147 62 944 do do do do do 36 028 1 544 5 918 3 533 3 999 38 412 38 412 38 495 38 692 1 587 1 587 1 595 1 595 6 161 6 153 6 111 6,111 3,707 3 744 3 707 3 717 4,251 4,306 4,325 4 251 Machinery, except electrical Electrical machinery. Transportation equipment Motor vehicles and parts Instruments and related nroHnnts do do do do do 2 984 2 757 5 408 3 620 701 39 943 18 280 19 630 20 420 7 215 6 545 6 780 425 407 415 1 368 1 686 1 725 1 503 1 658 1*706 3* 133 2 823 2 944 1 637 1 628 1* 624 948 983 ' 883 3 653 8 077 4*. 846 3 973 3,183 15 153 do 2 2 996 2 690 5 859 3 974 699 39 814 3 091 3 048 '2, 970 087 3 102 3 063 '3 r 6 057 6 223 6 217 4 178 '4 326 4 127 r 729 762 728 2 814 2 746 4 355 2 570 *675 3,713 8 298 4,791 3 936 3,154 15 426 39, 759 2 41, 750 2 87 096 2 94 397 50, 907 22 55, 185 42 847 2 43 344 33, 549 35, 878 2 163 133 2 174 998 2 2 2 2 969 2 657 5 361 3 550 661 Book value (seasonally adjusted), total By industry group: Durable goods industries total 9 Stone, clay, and glass products Primary metals __ Blast furnaces, steel mills Fabricated metal products. _ '•Revised. 1 Advance estimate. fSee corresponding note on p. S-ll. 40 285' 40 044 21 473 914 3 193 1 548 2 016 3 063 3*002 5 035 3*071 ' 742 2 857 2 539 5 069 18 470 18 319 19, 001 19 129 19 301 19 291 19 632 19 327 6,446 6 267 6,566 6 667 6 661 6 671 6*777 6*843 413 422 407 364 411 440 400 387 1 606 1 560 1 618 1 564 1 610 1 600 1 603 1 619 1 516 1 530 1 598 1 591 1 572 1 575 1 656 1 616 2,854 2 902 3,006 3 009 3 030 3 057 3 063 2 957 1 519 1 519 1 571 1 583 1 631 1 637 1 648 1 615 931 954 930 967 988 958 980 968 2 16 566 25 157 38 584 3 299 2 844 6* 106 4* 144 ' 732 18, 759 6,629 429 1,614 1,532 2,917 1 525 922 2 2 2 2 2 2 3 164 2 646 5 755 3 898 679 41 914 17, 662 17 460 6 346 6 184 419 369 1,494 1 444 1,433 1,441 2 606 2 723 1 560 1 542 862 871 2,977 2 597 5 341 3,502 641 do _ do __ do do do do ___ do _ do By market category: Home goods and apparel do Consumer staples do Equipment and defense prod., excl. auto_do__ Automotive equipment. do Construction materials and supplies do. Other materials and supplies do Supplementary market categories: C onsumer durables do Defense products do Machinery and equipment . do 2,883 2 635 5 646 3,744 691 20 559 20 415 20 374 21 284 20 915 1 022 1 030 l' 013 1 019 935 3, 656 3 629 3 455 3 456 3 796 2 074 1 976 1 979 2 086 2 245 2 077 l'959 2 033 2 087 2 048 Machinery, except electrical _ do _ _ Electrical machinery do Transportation equipment do _ Motor vehicles and parts... ___ do __ Instruments and related products do Nondurable goods industries, total 9 Food and kindred products _ _ _ Tobacco products Textile mill products __ Paper and allied products. _ _ Chemicals and allied products Petroleum and coal productsRubber and plastics products 1 18 1 53 .92 r r r 445 552 __ do__ do do _ do_._ do Shipments (seas, adj.), total By industry group: Durable goods industries, total 9 Stone, clay, and glass products. Primary metals Blast furnaces, steel mills Fabricated metal products ' 1 41 1 39 1 91 'r 1. 88 1.15 1 17 8,130 do do _ do__ _ do__ do Nondurable goods industries, total 9 Food and kindred products Tobacco products Textile mill products Paper and allied products... Chemicals and allied products Petroleum and coal products Rubber and plastics products ' 1 41 rr 1 40 1 89 T 1 87 1 18 1 17 417, 291 do Machinery, except electrical Electrical machinery. Transportation equipmentMotor vehicles and parts___ _ Instruments and related products r r r 6 5 7 2 1 910 055 331 610 4fi« 7 558 5 388 7 908 3' 013 1 filQ 7,558 5,388 7 908 3 013 1.619 Based on data not seasonally adjusted. 7 576 5,403 7 849 2 977 1 fi22 7 638 5,473 7 869 3 016 1 fi3fi 38 972 39 233 39 475 1 593 1 606 1*620 6 071 5 900 5 996 3 618 3 427 3 531 4,420 4 517 4 544 7 668 5 574 7 945 3 052 1 64fi 7 5 8 3 1 726 628 095 150 KM 7 763 5 662 8 104 3*249 1' fi7fi 39 951 40 600 40 814 41 300 1 623 1 600 1 618 1 614 6 074 6 163 6 142 6 224 3 597 3*631 3 576 3 633 4 565 4 766 4*611 4 685 7 878 5 726 8 267 3 290 1 fi»7 7 ggg 5 810 8 653 3* 527 1 fi«2 8 142 5 873 8 600 3 370 1 fiQfi 8 298 5 907 8 707 3 430 1 711 9 Includes data for items not shown separately. 41 523 r41 869 42 177 1 640 r 1 634 1 611 6 275 r 6* 261 6 353 3,669 'T 3* 658 3 681 4, 772 4,867 4 816 8,364 '8 453 8 507 5,947 ' 5 993 6,086 8 850 8 706 rr g 860 3,281 3 412 3 366 1 714 r 1 730 1.772 Jan. SURVEY OF CUEKENT BUSINESS S-6 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1966 1965 1964 Dec. February 1966 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SALES, INVENTORIES, AND ORDERS— Continued Inventories, end of year or month— Continued Book value (seasonally adjusted)— Continued By industry group — Continued Durable goods industries— Continued By stage of fabrication: Materials and supplies 9 mil $ Primary metals do Machinery (elec and nonelec ) do Transportation equipment do Work in process 9 do Primary metals do Machinery (elec and nonelec ) do Transportation equipment do Finished goods 9 do Primary metals do Machinery (elec and nonelec ) do Transportation equipment do 10, 879 2,259 3,009 1,956 14, 857 1,901 5,249 4,467 10, 292 1,758 3, 707 908 11, 688 2,248 3,263 2,216 15, 933 2,024 5,763 4,695 10, 791 1,839 3,920 997 11, 688 2,248 3,263 2,216 15, 933 2,024 5,763 4,695 10, 791 1,839 3,920 997 11, 802 2,297 3,306 2,181 15, 934 1,999 5,792 4,673 10, 759 1,865 3,881 995 11, 876 2,295 3,356 2,210 16, 008 2,005 5,835 4,661 10, 808 1,853 3,920 998 12, 068 2,292 3,399 2,234 16, 041 1,967 5,866 4,696 10, 863 1,812 3,977 1,015 12,406 2,332 3,456 2,280 16, 114 1,883 5, 936 4,782 10, 713 1,685 3,962 1,033 12, 512 2,317 3,502 2,362 16, 162 1,957 5,966 4,686 10, 801 1,722 3,957 1,056 12, 537 2,305 3,540 2,372 16, 533 1,985 6,122 4,820 10, 881 1,784 3,942 1,075 12, 664 2,310 3,609 2,420 17, 053 2,051 6,242 5,155 10, 883 1,802 3,947 1,078 12, 672 2, 316 3,702 2,232 17, 283 2,058 6,351 5,284 10, 859 1,768 3,962 1,084 12, 812 2,302 3,747 2,317 17, 380 2,066 6,415 5,277 11, 108 1,856 4,043 1,113 12, 886 12, 914 12, 917 2,396 2,302 ' 2, 336 3,808 ' 3, 825 3,794 2, 348 ' 2, 300 2,268 17, 502 ' 17, 763 18,024 2, 114 ' 2, 097 2, 122 6,491 ' 6, 577 6,712 5,398 5,228 ' 5, 408 11, 135 11, 192 11, 236 1, 859 r' 1, 828 1,835 4,087 4,012 4, 044 1,184 1,130 ' 1, 152 do do do do do do do do 24, 119 6,028 2,314 2,886 1,800 3, 818 1,736 1,157 24, 532 6,030 2,359 2,837 1,885 4,003 1,745 1,176 24, 532 6,030 2,359 2,837 1,885 4,003 1,745 1,176 24, 718 6,194 2,322 2,829 1,869 4,047 1,794 1,191 24, 690 6,197 2,312 2,811 1,869 4,055 1,812 1,183 24,736 6,196 2,328 2,820 1,855 4,072 1,800 1,213 24, 766 6,182 2,307 2,828 1,865 4,106 1,792 1,222 24, 794 6,100 2,328 2,826 1,885 4,174 1, 775 1,221 24, 674 6,040 2,317 2,879 1,882 4,133 1, 765 1,234 24, 794 6,073 2,281 2,952 1,900 4,203 1,746 1,244 24, 974 6,000 2,286 3,003 1,916 4,240 1,727 1,258 24, 967 5,881 2,286 3,038 1,922 4,258 1,696 1,262 25, 119 '25, 323 25, 714 5,861 ' 5, 993 6,030 2,328 ' 2, 268 2,388 3,119 ' 3, 085 3,149 1,919 ' 1, 934 1,959 4,302 4,285 ' 4, 350 1,785 1,718 r 1, 737 1,329 1,273 r 1, 306 do do do 9,769 3,479 10, 871 9,619 3,522 11,391 9,619 3,522 11, 391 9,585 3,532 11, 601 9,541 3,531 11, 618 9,557 3,533 11, 646 9,660 3,533 11, 573 9,675 3,558 11, 561 9,608 3,611 11, 455 9,537 3,591 11, 666 9,645 3,662 11, 667 9,766 3,702 11, 499 9,769 ' 9, 827 9,953 3,825 ' 3, 823 3,875 11, 525 '11,673 11, 886 do do do do do do 6,389 9,525 12, 363 3,245 5,290 23, 335 6,499 9,660 13, 241 3,683 5,629 24, 232 6,499 9,660 13, 241 3,683 5,629 24, 232 6,534 9,776 13, 225 3,654 5,643 24, 381 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 9,809 13, 490 3,854 5,816 24, 380 6,694 9,770 13, 419 3,941 5,835 24, 610 6,650 9,721 13, 635 3,983 5,862 24, 774 6,685 9, 737 13, 858 4,215 5,821 25, 078 6,815 9,675 14, 046 4,068 5,852 25, 332 6,863 9,566 14, 286 4,124 5,908 25, 520 6,866 ' 6, 890 9,630 r 9, 708 14,376 '14,650 4,102 ' 4, 092 5,983 ' 6, Oil 25, 685 '25, 841 do do do 2,955 5,583 8,539 3,056 5,625 9,431 3,056 5,625 9,431 3,072 5,605 9,445 3,081 5,607 9,543 3,134 5,688 9,560 3,164 5,788 9,617 3,210 5,740 9,651 3,241 5,814 9, 863 3,249 5,968 10, 006 3,250 6,030 10,216 3,221 6,044 10,432 3,233 ' 3, 254 3,258 6,091 ' 6, 270 6,356 10,492 '10,591 10, 686 New orders net (not seas adj ) total Durable goods industries total Nondurable goods industries, total do do do 420, 429 219, 598 200, 831 452, 368 237, 631 214, 737 37, 986 20, 357 17, 629 37, 785 20, 320 17, 465 40, 641 21, 878 18, 763 41, 820 22, 507 19, 313 41, 842 22, 435 19, 407 40, 162 21, 166 18,996 42, 357 22, 651 19, 706 38, 713 20, 404 18, 309 39, 964 20, 348 19, 616 42, 259 21, 818 20, 441 43. 104 '42,094 22. 648 '22, 109 20. 456 '19,985 41, 331 22, 296 19, 035 New orders, net (seas adj ) total By industry group: Durable goods industries, total 9 Primary metals Blast furnaces, steel mills Fabricated metal products Machinery, except electrical Electrical machinery Transportation equipment Aircraft and parts do 2420,429 2452,368 39, 590 39, 704 39, 469 40, 712 41, 120 40, 181 40, 689 41, 846 40, 926 41, 483 41,843 '42, 234 43, 655 Nondurable goods industries total 9 Food and kindred products Tobacco products Textile mill products Paper and allied products Chemicals and allied products Petroleum and coal products Rubber and plastics products By stage of fabrication: Materials and supplies Work in process Finished goods By market category: Home goods and apparel Consumer staples Equip, and defense prod., excl. auto Automotive equipment Construction materials and supplies Other materials and supplies Supplementary market categories: Consumer durables Defense products Machinery and equipment Nondurable goods industries, total Industries with unfilled orders© Industries without unfilled orderslf By market category: Home goods and apparel Consumer staples Equip, and defense prod., excl. auto Automotive equipment Construction materials and supplies Other materials and supplies Supplementary market categories: Consumer durables Defense products Machinery and equipment do do do _do ___do do do do 219, 598 35, 513 19, 110 22, 627 30, 886 28, 922 59, 638 16, 782 237, 631 41, 308 23, 303 24, 222 34,929 31, 212 61, 174 17, 514 20, 720 3,821 2,243 2,089 3,098 2, 637 5,172 1,227 21, 271 3,739 2,232 2,068 3,092 2,891 5,546 1,465 21, 130 3,802 2,291 2,110 3,050 2,597 5,690 1,703 21, 714 3,593 2,018 2,065 3,100 2,711 6,301 1,757 22, 043 3,456 1,876 2,098 3,107 2,929 6,453 2,248 20, 992 3,286 1,632 2,027 3,108 2,801 5,878 1,552 21, 310 3,454 1.816 2,042 3,189 2,874 5,870 1,684 22, 195 3,493 1, 851 2,058 3,140 3,099 6,363 1,646 21, 509 3,119 1,465 1,974 3,318 3,000 6,141 1,956 22, 163 2,908 1,276 2,013 3,315 2,995 6,853 2,462 22,425 '22, 389 3, 148 ' 3, 392 1,451 ' 1, 635 2,050 ' 2, 213 3,349 ' 3, 396 2,983 ' 3, 201 6,920 ' 5, 972 2,466 ' 1, 608 23, 259 3,686 1,849 2,315 3,498 3,187 6,132 1,769 do do do 200, 831 52, 932 147, 899 214, 737 57, 318 157, 419 18, 870 5,190 13, 680 18, 433 5, 018 13, 415 18, 339 5,054 13, 285 18, 998 5,203 13, 795 19, 077 5,130 13, 947 19, 189 5,157 14, 032 19, 379 5,298 14, 081 19, 651 5,444 14, 207 19, 417 5,347 14, 070 19, 320 5,267 14, 053 19,418 '19,845 5,307 '5,454 14, 111 '14,391 20, 396 5,647 14, 749 do do do do do_ do 40, 068 87, 089 52, 413 42, 932 33, 640 164, 287 41, 740 94, 388 57, 765 43, 643 36, 325 178, 507 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 4,974 4,530 3,145 16, 129 3,672 8,372 6,121 4,133 3,150 15, 672 3,689 8,277 5,323 4,208 3,105 15, 579 3,751 8,389 5,509 4,194 3,132 15, 714 3,725 8,583 5,466 4,524 3,155 16, 393 3, 784 8,558 5,543 4,294 3,040 15, 707 3,780 8,550 5,756 4,504 3,118 15, 775 3,778 ' 3, 868 8,604 ' 8, 806 5,689 ' 5. 485 4,516 ' 4, 413 3,129 ' 3, 296 16, 127 '16,366 4,030 9,004 5,802 4,403 3,540 16, 876 do do do 16, 849 25, 873 39, 914 17, 920 27, 126 44, 471 1,664 1,873 3,917 1,580 2,372 3,958 1,529 2,438 3,799 1,601 2,463 4,024 1,629 3, 236 4,078 1,574 2,460 4,069 1,586 2,579 4,091 1,560 2,618 4,348 1,640 2,808 4,159 1,610 3,450 4,153 49, 149 46, 193 2,956 55, 962 53, 042 2,920 55, 962 53, 042 2,920 57, 363 54, 439 2,924 58, 629 55, 636 2,993 59, 217 56, 215 3,002 59, 779 56, 684 3,095 59, 869 56, 694 3,175 60, 309 57, 064 3,245 61, 178 57, 904 3,274 61, 697 58, 438 3,259 62, 758 59, 479 3,279 49, 796 57, 044 57, 044 57, 317 58, 160 58, 595 59, 463 59, 897 60, 588 60, 981 61, 391 62, 699 63, 993 '64,821 60, 664 5,375 2,653 5,224 9, 769 9,453 25, 838 19, 569 '61,445 ' 5, 432 ' 2, 606 ' 5, 298 ' 10, 014 ' 9, 692 '25, 903 '19,683 62, 565 5,642 2, 724 5,443 10, 305 9,820 26, 074 19, 884 3,329 ' 3, 376 3,532 2,099 34, 804 6,031 23, 163 Unfilled orders, end of year or month (unadjusted), total. _ mil $ Durable goods industries, total— _ _ do Nondur. goods indus. with unfilled orders© -do Unfilled orders, end of year or month (seasonally adjusted), total. .__ _ _ mil. $ By industry group: Durable goods industries total 9 do Primary metals _ do Blast furnaces, steel mills do Fabricated metal products do Machinery, except electrical do Electrical machinery do Transportation equipment do Aircraft and parts __do Nondur. goods indust. with unfilled orders©.do By market category: Home goods, apparel, consumer staples. _. do Equip, and defense prod., incl. auto do Construction materials and supplies do Other materials and supplies do Supplementary market categories: Consumer durables do Defense products do Machinery and equipment _ _ do 1,675 3,276 4,249 ' 1, 695 1,826 ' 2, 567 2,572 4,505 ' 4, 325 63, 676 '64, 129 64, 922 60,379 '60,752 61, 575 3,297 ' 3, 377 3,347 66, 097 46, 676 3,930 2,120 4,062 7,027 7,114 19,368 14, 446 53,958 6,559 4,311 4,811 8,302 8,103 21, 090 15, 526 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 55, 531 7,058 4,720 4,897 8,563 8,302 21, 776 16, 098 56, 374 6,683 4,351 4,911 8,688 8,448 22, 664 16, 849 56, 875 6,569 4,148 5,051 8,782 8,555 22, 951 16, 861 57, 454 6,637 4,144 5,093 8,963 8,773 23, 069 17, 074 57, 830 6,348 3,825 5,115 8,984 8, 978 23, 563 17, 252 58, 148 5,760 3,185 5,120 9,313 9,178 23, 901 17, 732 59, 385 5,431 2,809 5,137 9,547 9,376 24, 891 18, 631 3,120 3,086 3,086 3,037 3,068 3,064 3,089 3,022 3,134 3,151 3,243 3,314 1,987 26, 197 4,986 16, 626 1,975 29, 223 5,490 20, 356 1,975 29, 223 5,490 20, 356 1,962 29, 210 5,558 20, 587 1,904 29,494 5,596 21, 166 1,898 29, 549 5,591 21, 557 1,901 30, 694 5,628 21, 240 1,908 31, 154 5,721 21, 114 1,922 31, 607 5,733 21, 326 1,861 32, 097 5,720 21, 303 1,953 32, 587 5,701 21, 150 2,017 33, 401 5,739 21, 542 2,046 ' 2, 048 33, 983 '34,284 5,803 ' 5, 845 22, 161 '22, 644 1,407 18, 724 11. 186 1, 420 20, 058 13. 367 1,420 20, 058 13. 367 1,427 19, 964 13. 534 1,374 20, 260 13. 572 1,354 20, 502 13. 771 1,371 21, 361 13. 981 1,399 21, 457 14. 166 1,412 21, 743 14. 422 1,328 22, 036 14. 700 1,406 22, 503 14. 982 1, 449 23. 532 15. 152 1, 504 ' 1, 526 1,582 24,407 '24, 587 24, 694 15. 369 '15,606 15, 976 r 2 Revised. 1 Advance estimate. Data for total' and components (incl. market categories) are based on new orders not seasonally adjusted. 9 Includes data for items not shown separately. © Includes textile mill products, leather and products, paper and allied products, and printing and publishing industries; un- 6,975 9,867 14, 800 4,026 6,029 26, 194 filled orders for other nondurable goods industries are zero. f For these industries (food and kindred products, tobacco products, apparel and related products, petroleum and coal products, chemicals and allied products, and rubber and plastics products) sales are considered equal to new orders. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual S-7 Dec. 1966 1965 1964 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. 15, 130 17, 4 18 18, 185 16, 999 Jan. GENERAL BUSINESS INDICATORS—Continued BUSINESS INCORPORATIONS^ New incorporations (50 States and Dist. Col.): Unadjusted. _ _ _ number Seasonally adjusted do INDUSTRIAL AND COMMERCIAL FAILURES cf number Failures, total Commercial service Construction Manufacturing and mining Retail trade Wholesale trade. Liabilities (current), total _ _ do do do do do _. __ _ _ thous. $ Commercial service _ __ _ Construction Manufacturing and mining. Retail trade Wholesale trade _ do do do do do _ Failure annual rate (seasonally adjusted) No. per 10,000 concerns. _ 186 404 197 724 17 459 17 154 18 180 17' 275 15 967 17 367 19 789 17 112 17 712 16 504 16 540 16 043 17 635 16 671 16 794 16 369 16, 114 16, 957 15 962 17, 138 15, 889 16,744 14 374 13 501 968 1 137 1 114 1 332 1 179 1 183 1 094 1 074 1,131 1 100 1,047 1,033 1,090 1 373 2 401 2,409 6 681 1 510 1 226 2 388 2 254 6 241 1 392 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 90 205 172 510 117 82 205 157 514 116 114 208 176 533 100 124 205 172 479 120 110 212 145 490 90 103 201 155 477 97 119 210 156 492 113 89 272 111 985 146 579 83 247 133 113 144 607 121 485 135 039 104 976 4 24 26 19 14 487 075 868 913 236 6 039 19 554 26 090 20 067 ll' 497 54.8 50.8 1,352,593 1,329,223 98 282 89 104 231 354 557, 699 299 365 175 071 182 527 262 392 361, 864 281 948 240 492 *56.3 !53. 2 9 25 27 28 8 171 835 233 023 020 48.2 905 381 189 744 053 9 19 43 28 11 52.8 111 881 269 663 061 51.7 24 21 47 29 23 48 17 32 20 12 806 729 978 944 656 54 207 35' 601 22 435 22 353 10 Oil 54.1 50.1 T 82, 066 71,722 97, 575 127 080 097 704 031 23 039 19' 007 24 880 27 463 10 587 10 381 19 139 17, 862 27 876 6 808 7 635 14 420 22, 539 20 606 6 522 7 895 22 741 24, 972 28 793 13 174 52.8 56.9 59.7 51.5 51.4 54.2 4 53 31 21 10 891 372 145 352 725 47 24 30 19 14 COMMODITY PRICES PRICES RECEIVED AND PAID BY FARMERS Prices received, all farm products 1910-14 =100. _ Crops Commercial vegetables Cotton __ _ Feed grains and hay Food grains 242 236 234 236 238 239 243 251 256 253 250 250 248 248 259 263 do do do do do 239 233 271 164 224 238 246 262 166 190 234 241 247 171 168 234 234 233 174 168 234 237 233 176 167 237 261 242 177 166 243 287 249 180 164 248 325 251 182 162 243 299 255 180 158 236 254 253 177 160 224 235 244 171 162 224 231 249 171 160 220 236 248 161 164 218 258 245 156 167 223 259 236 166 170 228 296 225 171 171 do do do do 292 258 156 494 298 256 227 490 268 273 282 495 272 275 322 488 257 281 331 497 244 282 336 497 241 281 371 499 249 272 391 499 245 274 368 498 219 269 386 498 242 258 231 508 263 245 179 531 241 244 181 527 215 246 182 526 228 255 188 550 235 268 191 540 _ _ do do do do _ do 245 253 290 146 269 235 256 270 142 291 234 271 261 139 266 237 267 272 136 270 240 262 280 137 269 241 256 283 139 268 244 248 292 144 265 254 242 320 136 268 266 239 345 138 267 269 247 344 142 268 272 256 344 146 269 271 267 334 150 266 273 277 332 150 268 274 279 332 154 267 289 280 356 164 265 293 276 369 160 265 283 298 273 282 300 270 283 301 269 r 284 303 272 286 304 273 286 303 273 287 303 276 290 308 278 290 307 278 290 307 278 289 305 277 288 305 277 288 305 276 289 307 276 291 309 278 293 309 281 312 313 313 317 318 318 320 323 323 323 321 321 322 322 324 327 78 76 75 74 75 75 76 78 79 78 78 78 77 77 80 80 106 7 108 1 108 8 108 9 108 9 109 0 109 3 109 6 110 1 110 2 110 0 110 2 110 4 110 6 111.0 110.8 111.3 _ Fruit. Oil-bearing crops Potatoes (incl. dry edible beans) Tobacco _ _ Livestock and products Dairy products.. Meat animals _ Poultry and eggs Wool _ Prices paid: All commodities and services do Family living items „ do Production items do All commodities and services, interest, taxes, and wage rates (parity index) 1910-14 = 100_ . Parity ratio §_ — do CONSUMER PRICES (U.S. Department of Labor Indexes) All items Special group indexes: All items less shelter All items less food Commodities _ _ Nondurables. ._ _ Durables 9 . _ New cars Used cars __ 1957-59=100 . Commodities less food Ser vices. _ Services less rent.. ._ Food 9 Meats, poultry, and Dairy products. ._ __ Fruits and vegetables _ Housing Shelter9 Rent Homeownership _ fish _ Fuel and utilities 9 Fuel oil and coal Gas and electricity Household furnishings and operation Apparel and upkeep _ _ Transportation Private Public do do 106 7 107 4 108 0 108 9 108 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 3 110 1 110 2 109 8 110 2 110 0 110 6 110 2 110 9 110 4 111 2 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 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 7 105 106 103 100 121 6 4 2 8 7 105 9 107 0 103 0 100 7 120 6 106 2 107' 5 102 9 100 2 121 1 106 108 102 97 122 9 6 6 4 7 106 9 108 7 102 3 97 2 123 0 106 6 108* 5 101 8 97 1 120 3 106 6 108 6 101 7 96 5 118 9 106 108 102 97 119 9 7 1 7 4 107 1 108 9 102 4 98 7 118 7 107.4 109.4 102.4 98.7 118.2 do do do 103 5 113 0 114 5 104 4 115 2 117 0 104 9 116 2 118 2 104 9 116 6 118 6 104 7 116 9 118 9 104 8 117 0 119 1 105 0 117 3 119 3 105 2 117 5 119 5 105 1 117 6 119 7 104 7 117 8 120 0 104 7 117 9 120 0 104 9 118 5 120 7 105 3 118 7 121 0 105 6 119 0 121 3 105.7 119.3 121.6 do do do do 105 1 100 2 103 8 111 0 106 4 98 6 104 7 115 3 106 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*9 110 9 109 2 104 3 124 3 110 1 109 8 105 0 114 6 109 7 109 8 105 3 108 5 109 7 108 9 105 5 108 5 109 7 108 5 105 8 109 9 110 6 110.1 106.1 111.0 do do do do 106 106 106 107 0 9 8 0 107 2 108 7 107 8 109 1 107 8 109 5 108 4 110 0 108 1 109 9 108 4 110 6 108 2 110 2 108 5 110 9 108 2 110 1 108 7 110 8 108 2 110 1 108 8 110 8 108 2 110 2 108 8 110 8 108 2 110 3 108 8 111 0 108 3 110 6 108 9 111 2 108 2 110 7 109 0 111 4 108 6 110 8 109 1 111 6 109 0 111 2 109 2 112 1 109 2 111 5 109 3 112 5 109.4 111.8 109. 5 112 9 do do do do 107.0 104 0 107 9 102 4 107 3 103 5 107 9 102 8 107 9 105 8 108 3 102 9 107 9 106 5 108 0 102 8 107 4 106 7 107 8 102 8 107 4 106 5 107 7 103 1 107 2 105 4 107 7 103 1 107 1 104 6 107 7 103 1 106 9 103 4 107 8 103 1 106 6 103 2 106 9 102 9 105 3 103 5 107 7 102 9 107 4 104 3 107 9 103 1 107 7 106 9 107 9 103 3 107 9 107 2 108 0 103 3 108.1 108.6 108.0 103.6 do do do do 104 8 107 8 106 4 116 9 105 7 109 3 107 9 119 0 106 6 110 5 IQQ o 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 3 106 1 111 5 110 0 121 4 106 4 111 0 109 5 121 5 107 2 111 0 109 5 121 6 107 8 111 2 109 7 121 6 108 1 111 5 110 1 121 6 108.1 111.6 110 1 122.0 114 7 121 0 110 1 115.2 115 4 114 9 115 6 115 8 115 7 115 3 115 6 122 7 121 4 121 6 121 8 122 8 122 2 122 8 110 7 109 2 110 4 111 0 109 0 111 0 108 7 115.4 115.9 115.9 115.7 114.6 114.3 114.8 § Ratio of prices received to prices paid (parity index). 9 Includes data for items not shown separately. 116 2 123 0 109 2 115.2 116. 4 123 4 109.6 115.4 116.6 123.7 110.0 115.4 Health and recreation 9 . do 111.4 113 6 114 3 114 5 Medical care. __ do 117 0 119 4 120 3 120 6 Personal care do 107 9 109 2 110 0 110 0 Reading and recreation do 111.5 114.1 115.0 114. 9 r Revised. 1 Based on unadjusted data, e?Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.). SURVEY OF CURRENT BUSINESS S-8 1964 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 Annual Dec. February 1966 1965 Feb. Jan. Mar. Apr. May June 1966 July Aug. Sept. Oct. Nov. Dec. Jan. COMMODITY PRICES—Continued WHOLESALE PRICESc? (U.S. Department of Labor Indexes) Spot market prices, basic commodities: 22 Commodities _ . _ 1957-59=100 9 Foodstuffs _ __ do 13 Raw industrials _ __ _do *93.9 *92.0 *95.2 1 88.8 1 104. 6 103.2 91.1 112.5 102.3 91.5 110.6 102.4 91.5 110. 7 103.0 89.8 113.2 105.3 90.6 116.7 105. 2 90.3 116.9 104.2 90.1 115.3 103.3 89.0 114.6 104.7 91.2 115.2 105.4 93.2 114.8 105.6 93.4 115.0 106.1 93.9 115. 5 108.9 97.9 117.1 112.0 100.7 120.5 All commodities 100 3 100.5 100.7 101.0 101.2 101.3 101.7 102.1 102.8 102.9 102.9 103.0 103.1 103.5 104. 1 104. 6 - 95.0 100 5 101.4 94.1 100 9 101.8 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 98.3 101.9 103.2 100.6 102.2 103.9 100.5 102.3 104. 0 100. 8 102.4 103.8 100.0 102.5 104. 1 100.1 102.6 104.3 100.8 103.0 104.7 ' 103. 2 103.0 105.3 105.1 103.4 105.5 101.0 99.6 100.6 101.3 99.8 102.4 99.1 101.1 102.5 99.7 103.0 99.0 101.5 102.9 100. 0 • 103.1 99.5 101.8 103.2 100.5 103.2 99.6 101.8 103.3 100.3 103.3 99.8 101.8 103.3 100.4 103.4 100.4 102.1 103.4 100.7 103.6 100.8 102.4 103.6 101.1 103.7 102.0 103.0 103.7 102.3 103. 7 102.2 103.1 103.7 102.5 103.9 102.0 103.2 103.9 102.4 103.9 102.2 103.2 103.9 102.5 104.0 102.4 103.4 104.0 102.7 104.2 102.9 103. 7 104. 2 103.2 104.2 103.9 104.1 104.2 103.8 104.5 104.5 104.5 104.4 104.2 98.7 98.0 97.2 98.1 98.7 99.0 100.2 101.1 103.5 103.7 103.3 103.5 103.6 104.3 106.5 107.6 97.6 117.7 91.2 91.4 98.4 118.5 91.0 96.2 100.3 109.0 89.6 104.6 100.0 103.9 88.4 105.0 99.1 85.5 88:3 106.4 99.5 96.1 89.3 102.6 99.4 95.6 88.6 103.2 100. 3 94.2 87.4 104.0 103.0 '92.2 90.1 109.0 104.4 97.4 92.4 112.6 _ do By stage of processing: Crude materials for further processing do Intermediate materials, supplies, etc do Finished goods O do By durability of product: Durable goods do Nondurable goods _ _ _ do __ Total manufactures., __ _ __ ___do Durable manufactures. _ _ __ _do _ Nondurable manufactures do Farm products and processed foods do *97.7 Farm products 9 do Fruits and vegetables, fresh and dried._do Grains _ do Livestock and live poultry do _ 95.7 96.1 101.9 88.8 94.3 103.2 94.1 84.7 92.7 98.9 90.1 83.1 93.0 98.5 90.4 85.5 94.5 102.5 90.5 88.4 95.4 107.8 90.6 89.8 Foods, processed 9 do Cereal and bakery products.. do Dairy products and ice cream _ do Fruits and vegetables, canned, frozen.. do Meats, poultry, and fish _ _ _do 101.1 107.3 107.5 103.9 93.3 101.0 107.8 107.8 104.8 90.8 100.8 108.2 108.9 101.9 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 92.4 102.3 108.3 107.5 100. 9 93.6 103.3 108.3 106.8 100.4 97.7 106.1 108.5 107.1 101.5 105.5 106.6 109.3 107.8 101.8 106.3 106.7 108.8 108.5 100.4 106. 3 106.7 109.1 109. 1 101.8 105.3 106.9 109.4 109.4 104.7 104.9 107.6 110. 6 110.4 105.4 105.5 109.4 111.2 111.3 ' 105. 1 r 110. 5 110.2 111. 5 110.6 104.6 112.7 Commod. other than farm prod, and foods.. do 100.7 101.8 101.9 101.9 102.0 102.1 102.3 102.5 102.5 102.7 102.7 102.8 103.2 103.2 103.5 97.6 94.8 94.8 121.2 104.3 104.4 97.6 94.8 95.0 116.7 104.3 105.7 97.4 94.8 93.9 114.0 104.3 105.7 97.4 95.0 94.0 110.3 103.3 105.7 97.1 95.0 93.9 104.4 102.1 105.7 97.2 95.0 93.9 108.4 102.5 105.7 97.6 95.4 94.1 110.1 103.4 105.9 97.5 95.5 94.7 106.7 103.8 105.9 97.6 95.5 94.6 110.1 103.8 105.9 97.6 95.1 94.8 111.0 103.8 105.9 101.2 Chemicals and allied products 9 do Chemicals, industrial _ _ _do_ Drugs and Pharmaceuticals.. _ _ _ __do Fats and oils, inedible !__ _ _ __do Fertilizer materials do Prepared paint do 96.3 94.8 95.1 80.3 99.9 103.8 96.7 94.2 95.0 96.8 100.1 104.7 97.2 94.2 94.7 116.8 100.7 104.8 97.3 94.6 94.4 113.4 102. 3 104.8 97.5 94.7 94.6 118.3 103.8 105.2 97.5 94.5 94.6 118.7 104.3 104.4 Fuels and related prod., and power 9 do Coal ___do Electric power Jan. 1958=100 Gas fuels do Petroleum products, refined 1957-59=100_. 99.8 96.9 102.0 122.8 97.2 97.1 96.9 101.1 121.3 92.7 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 94.7 100.8 122.7 96.0 98.7 95.2 100. 7 122.5 96.0 99.0 95.8 100.8 123.9 96.4 99.2 96.6 100.8 125.3 96.4 99.4 97.3 100.8 125. 8 96.6 100.3 97.5 100.8 126.8 98.1 100.6 97.6 100.7 128.6 98.4 100.5 98.0 100.4 128.6 98.3 Furniture, other household durables 9 Appliances, household Furniture, household Radio receivers and phonographs Television receivers _ 98.1 91.8 104.6 82.8 92.3 98.5 91.3 105.3 81.5 90.9 98.4 90.6 105.7 81.3 90.0 98.3 90.2 106.1 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 89.2 106.0 81.1 88.9 98.0 89.4 105.9 81.1 88.9 97.8 89.2 105.9 79.6 87.8 97.7 88.6 106.1 79.0 88.0 97.7 88.6 106.2 79.0 88.0 97.8 88.6 106.4 79.2 87.9 98.0 88.6 106.6 79.2 87.9 ^98.2 88.8 ' 106. 7 79.2 87.9 98.4 88.8 107.0 79.2 87.9 Hides, skins, and leather products 9 do Footwear __ _ __ __ __ _do_ __ Hides and skins do Leather. __ do_ __ Lumber and wood products do Lumber do 104.2 108.3 84.0 101.9 98.6 98.9 104.6 108.5 87.5 102.9 100.6 100.7 105.4 109.0 90.2 103.9 99.4 99.1 104.9 109.1 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 96.3 103.6 100.5 101.0 107.4 109.7 105.9 104.2 100.4 101.0 107.7 109.8 103.1 107.6 100.3 101.1 108.8 110.0 117.4 105.9 100.5 101.2 112.2 110.2 133.4 112.5 101.8 102.5 111.3 110.3 124.9 110.9 102.0 103.1 113.3 113.6 125.6 111.9 101.6 103.0 113.6 ' 114. 4 113.8 113.7 132.3 126.5 114.2 113.3 101.6 r 101.9 103. 4 103.0 115.9 114.5 140.0 116.6 102.7 104.3 Machinery and motive prod. 9 do Agricultural machinery and equip do C onstruction machinery and equip _ _ _ _ d o Electrical machinery and equip _ do Motor vehicles. _ _ __ do_ 102.2 111.1 109.6 97.4 100.0 102. 9 112.9 112.4 96.8 100.5 103.1 114.2 113.7 96.3 100.8 103.3 114.3 113.8 96.7 100.8 103.5 114.4 114.3 96.8 100.9 103.5 114.6 114.5 96.8 100.8 103.7 114.6 115.0 97.0 100.8 103.7 114.7 115.1 97.1 100.8 103.8 114.7 115.2 97.1 100.7 103.7 114.9 115.3 97.0 100.7 103.8 114.8 115.6 96.7 100.7 103.8 115.0 115.6 96.6 100.5 103.9 114.9 115.8 96.6 100.5 104.1 ''1C4.2 117.0 116.--8 116.5 116.4 "96.6 96.5 100.5 100.5 104.3 117.0 116.9 96.8 100.4 100.1 92.9 99.1 99.1 102.8 92.0 100.5 105.9 104.7 92 2 101.1 113.0 104.5 91.3 101.4 111.5 104.6 91.4 101.2 111.8 104.8 91.6 101.3 112.3 105.2 91.9 101.4 113.4 105.7 91.6 101.5 115.2 105.9 92.0 101.3 116. 2 105.8 91.7 101.5 115.5 106.2 91.9 101.4 116.5 106. 2 91.9 101.2 117.0 106.3 91.9 101.2 117.4 106.7 91.6 101.3 118.7 106.6 91.6 101.7 117.2 106. 9 91.4 102.0 118.2 Nonmetallic mineral products 9 do__ Clay products, structural do Concrete products __ do Gypsum products _ _ •_ __ _ do__ Pulp, paper, and allied products do Paper do Rubber and products _ do Tires and tubes do 101.3 103.6 101.7 105. 4 99.2 102.4 93.8 90 1 101.5 104.2 100.9 108.2 99.0 103.6 92.5 89.0 101.6 104.8 101.1 106.6 98.9 103.7 92.2 88.8 101.7 104.8 101.3 106.6 99.0 103.7 92.3 88.8 101.8 104.8 101.2 107.7 99.0 103.8 92.2 88.5 101.9 104.9 101.2 108.4 99.5 103.8 92.2 88.5 101.9 104.9 101.3 108.1 99.8 103.9 92.3 88.5 101.9 104.9 101.3 108.1 100.0 104.0 92.9 89.7 102.0 104.9 101.6 107.5 100.0 104.1 93.1 90.2 101.9 105.3 101.7 105.7 99.9 104.1 93.0 90.2 101.6 105.3 101.5 100.6 99.9 104.1 93.2 91.1 101.6 105.4 101.6 99.9 100.0 104.1 93.3 91.1 101.6 105.4 101.6 99.1 100.5 104.5 93.4 91.1 101.6 101.6 105.4 ' 105. 6 101.8 101.8 '97.4 98.6 100.9 100.8 104.9 104.8 93.5 93.5 91.1 91.1 101.9 105.6 101.9 100.4 101.1 105.2 93.7 91.1 Textile products and apparel 9 .__ Apparel.. _ _ _ _ _ _ _ _ _ _ Cotton products. _ „ _ Manmade fiber textile products Silk products.Wool products. _ _ 100.5 101.9 100.3 93.9 139.9 100.9 101.2 102.8 99.6 95.8 117.3 103.0 101.5 103.1 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 96.4 131.4 103.1 101.5 103.1 99.7 96.1 134.5 103.1 101.6 103.2 99.9 96.0 135.1 103.8 101.9 103.6 100.2 95.9 132.2 104.0 101.9 103.8 100.3 95.7 127.6 104.4 101.9 103.9 100.4 94.7 132.8 105.0 102.1 104.2 100.6 94.2 134.9 105.2 102.0 104.3 100.8 93.3 140.3 105.4 102.0 101.9 104.2 ' 104. 3 101.2 101.0 91.9 92.5 143.6 142.2 105.4 105.4 101.8 104.5 101.1 91. 2 147.6 105.7 106.1 101.0 104.1 110.4 101.0 107.4 100.7 105.6 109.2 101.0 107.5 100.5 105.6 110.7 101.3 107.5 100.5 105.6 110.0 102.1 107.6 100.9 105.6 109.6 102.2 107.5 100.6 105.6 109.5 102.2 107.8 100.7 106.5 110.3 102.4 108.1 100.8 107.3 108.9 102.5 107.6 100.7 105.6 111.0 102.5 107.6 100.7 105.6 112.6 102.9 107.6 100.7 105.6 107.7 100.9 105.6 111.5 103. C 107.7 100.9 105.6 111.2 103.1 107.7 100.9 105.6 113.2 103. C 107.9 101.3 105.6 112.5 103.1 107.8 101.1 105.6 114.3 103.1 $0. 997 .937 $0. 995 .925 $0. 993 .919 $0.990 .918 $0. 988 .918 $0. 987 .917 $0. 983 .915 $0. 979 .912 $0.973 .908 $0. 972 .907 $0.972 $0.971 .907 $0. 970 .906 $0. 966 .904 Metals and metal products 9 Heating equipment Iron and steel _ _ _ Nonferrous metals _ _ _ do_ do do do do_ _ do do do_ do _ do do__ _do _ do do do Tobacco prod, and bottled beverages 9 __.do___ Beverages, alcoholic do Cigarettes _ do_ Miscellaneous.-- _ _ _ do__ Toys, sporting goods do lll.fi 102.7 r PURCHASING POWER OF THE DOLLAR As measured byWholesale prices Consumer prices 1957-59=$!. 00_ do___ ' Revised. 1 Annual averages computed by QBE. cf For actual wholesale prices of individual commodities, see respective commodities. .909 O Goods to users, including raw foods and fuels. $0. 961 $0.956 . 901 9 Includes data not shown separately. SUEVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 1963 Annual S-9 1966 1965 1964 Feb. Jan. Dec. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. CONSTRUCTION AND REAL ESTATE CONSTRUCTION PUT IN PLACE New construction (unadjusted), total mil. $_ Private, total 9 __ _ do Residential (nonfarm) do New housing units do Nonresidential buildings, except farm and public utilities, total 9 mil. $ Industrial do Commercial _ _ _ __ do Stores, restaurants, and garages do_ _ Farm construction do Public utilities. do Public, total _ Nonresidential buildings. _ Military facilities _ Highways Other types . do do do do do 62, 755 65, 817 5,377 r 4, 691 '4/242 *• 4, 752 ' 5, 134 5,609 6,364 6,331 6,409 6,484 6,316 6, 135 5,645 43, 859 3, 767 2 076 1 670 r 3, 325 1 788 1 433 r 25 843 20, 064 45, 891 26 507 20, 612 3, 715 2 134 1 559 4 045 2 371 1 728 4 433 2 630 1 935 4 484 2 591 2 019 4 466 2 527 2 009 4,394 2 450 1 955 4 320 2 370 1 897 4 242 2 278 1 831 3 996 2 101 1 686 11 863 2,962 5,200 2,268 1,247 4,596 12 975 3 303 5,656 2,434 1 221 4,850 1 122 320 483 211 97 447 T 1 079 18, 896 5,540 1,227 6 948 5,181 19 926 6,163 968 7 182 5 613 New construction (seasonally adjusted at annual rates), total mil. $ Private, total 9 do Residential (nonfarm) _ __do _ Nonresidential buildings, except farm and public utilities, total 9 mil. $ Industrial— _ _ ___ __ _ do C ommercial do Stores, restaurants, and garages do Farm construction _ do Public utilities _ __ . _ do Public, total 9 __ Nonresidential buildings Military facilities . Highways __ r 3,076 1 580 1 273 r 3, 382 1 827 1 398 r 1 054 r 1 054 r 1 049 327 439 179 94 338 327 425 181 92 324 321 436 200 94 379 1 209 320 555 286 102 456 1 294 330 611 318 109 454 1 336 1 319 352 600 283 104 487 1 331 1 312 436 201 92 409 1 108 315 481 233 95 435 1 331 '316 1 610 493 63 640 414 1 366 1 166 450 49 290 377 1 370 490 63 398 419 1 419 516 66 388 449 1 564 538 77 472 477 1 931 584 83 737 527 1 847 559 78 709 501 1 943 2 090 1 996 620 82 766 528 1 893 1 649 66 178 '•ee 168 r r 67 606 67 572 68 950 68 599 67 953 69 311 67 616 69 349 69 330 45 684 r r r 47 560 47 982 48 616 48 603 48 194 48 068 47 844 48 045 48 394 26 675 27 070 27 224 26 983 26 621 26 413 26 343 26 195 26 239 25, 953 470 57 439 400 66 947 r67 646 r 46 446 46 912 47 219 26 676 26 713 26 602 342 624 315 112 465 599 86 717 541 13 034 r!3 403 r!3 532 r!3 809 r!4 063 14 240 14 599 14 887 14 921 3 792 3 610 3 871 3 934 4 012 3 997 4 040 4 073 4 096 5 641 5 662 5 701 5 903 6 089 6 254 6 826 6 574 6 815 2' 660 2 546 2 549 2 855 3 022 3 127 3*336 3' 290 3 232 1 209 1 205 1 214 l' 212 1 209 1 201 1 196 1 188 1 186 5 165 4 824 5' 075 5 207 5 181 5 034 5 187 5 185 5' 142 do 20 494 19 722 20 035 do do _ _ __ do 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 6 321 887 6 862 6 244 833 7 546 3 598 3 127 3 223 4 209 4 770 4- 8fi4 137 154 137 140 141 152 20 427 20 046 19 590 20 334 19 996 350 617 301 107 465 618 91 840 541 354 611 293 99 491 557 (i\ 771 483 356 599 286 95 447 530 n\ d\ ~ i) 14 885 14 683 14 847 15 264 4 114 4 099 3 998 4 050 6 754 6 675 7 029 6 529 3 101 3 463 2 897 3 118 1 186 1 185 1 183 1 182 5 208 5 196 5 305 5 177 19 759 21 243 19 772 6 388 980 7 156 6 642 fi 898 81Q 6 529 910 1 025 7 636 832 6 384 4 625 4 795 4 265 4 153 145 139 149 139 6 21 304 6 QQ9 (l\ 2o 936 6 877 m 7 609 m A VKG. 3 745 3 698 147 147 141 153 CONSTRUCTION CONTRACTS Construction contracts in 48 States (F. W. Dodge Co.): A Valuation, total __ mil. $ Index (mo. data seas, adj.) Public ownership Private ownership By type of building: Nonresidential _ Residential Non-building construction New construction: Advance planning (ENR) § Concrete pavement awards: Total.. Airports Roads Streets and alleys ._ Miscellaneous 1957-59=100__ 45 546 2 47 299 2 132 _ mil. $ do 14, 653 30, 893 15 371 31 928 1 230 2 368 1 104 2 023 1 112 2 110 1 348 2 861 1 539 3 231 1 517 3 348 1 553 3 072 1 750 3 045 1 313 2 952 1 332 2 821 1 294 3 061 1 163 2 582 1 304 2 395 do do do 14 377 20 502 10 667 15 495 20 561 11 244 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 1 691 1 952 1 151 1 507 i 071 1 464 1 756 934 1 ^89 1 8Q7 877 1 328 1 696 *721 1 433 1 446 819 _do 33,236 44, 405 3,915 2, 614 4,013 3,476 3,322 2,962 4,174 3,215 3,714 3 915 3 895 4,618 5,707 120, 641 123, 768 5,782 5,352 76,934 3 89, 872 37, 926 3 325, 578 2 967 31, 148 880 22 236 6,993 1 039 135 7 thous. sq. yds_ do do do do 28, 931 623 22 835 4 837 635 788 34 455 1 601 22 421 8 991 1 443 33 048 857 20 692 9' 549 1*950 HOUSING STARTS AND PERMITS New housing units started: Unadjusted: Total, incl. farm Cprivate and public) thous_ One-family structures _ _ _ do Privately owned do Total nonfarm (private and public) In metropolitan areas Privately owned do_ do do 1, 640. 9 1 021 7 I 609 2 1, 613. 4 1,149 0 1 581 7 4 1 590 8 973 0 1 557 4 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 1 102 3 157 5 162 3 99 9 155 5 143 9 94 1 141 3 138 0 88 5 134 6 125 9 80 0 124 3 r §7 2 i ^3 fi 117 6 r 71 i 115 4 101 9 62 2 101 0 1, 563. 9 1 118 3 1 530 4 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 8 102 5 150 1 159 8 110 4 155 2 159 6 114 3 152 8 141 6 95 i 139 0 136 2 94 8 132 8 124 3 87 8 122 7 133 0 r 94 8 116 3 r 78 2 1 <3f\ Q 114 1 100 3 74 4 • 99 4 1 610 1 575 1 442 1 417 1 482 1 468 1 516 1 566 1 473 1 447 1 501 1* 539 1 427 1 409 1 453 1 436 1 411 1 380 1 537 l' 521 1 746 1 712 1 195 720 1 280 1 224 734 713 1 217 1 180 ' 677 1 259 1 282 ' 736 1 319 745 Seasonally adjusted at annual rates: Total, including farm (private only) _ . . do Total nonfarm (private only) do New private housing units authorized by bldg. permits (12,000 rmit-issuing places) : Seasonally adjusted at annual rates: Total _ thous One-family structures. _ _ do 1 335 750 1 286 720 1 489 1 552 1 465 1 532 1 269 711 1 187 677 1 240 722 1 254 1 243 704 *703 692 741 CONSTRUCTION COST INDEXES Dept. of Commerce composite American Appraisal Co., The: Average, 30 cities _ _ _ Atlanta.... New York___ „. San Francisco... St. Louis— _ 1957-59=100 109 112 113 113 114 114 114 114 116 116 117 116 117 117 117 1913=100 do do do do 780 857 858 761 760 802 878 888 792 785 812 892 890 803 797 814 892 917 804 804 815 901 917 804 804 815 901 917 804 804 815 901 917 804 803 818 901 917 804 810 820 901 917 804 809 825 827 908 917 804 809 829 908 939 834 809 834 909 940 834 805 835 909 940 834 815 837 909 941 837 817 Associated General Contractors (building only) 1957-59=100114 119 121 121 120 2 'Revised. i Not yet available; estimate included in total. Computed from cumulative valuation total. 3 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. 799-216 O-66-4 Q07 917 804 809 124 124 121 122 124 124 121 123 124 124 124 9 Includes data not shown separately. A Annual totals include revisions not distributed to months. § Data for Dec. 1964 and Apr., June, Sept., and Dec. 1965 are for 5 weeks; other months, 4 weeks. SURVEY OF CURRENT BUSINESS S-10 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 1963 1965 1964 Annual February 1966 Jan. Dec. Feb. Mar. Apr. May June 1966 July Aug. Sept. Oct. Nov. Dec. Jan. CONSTRUCTION AND REAL ESTATE—Continued CONSTRUCTION COST INDEXES— Con. E. H. Boeckh and Associates, Inc.: f Average, 20 cities: All tvpes combined 1957-59—100 Apartments hotels, office buildings do Commercial and factory buildings do Residences do Engineering News-Record: Building _ __ __ _ _ ___do Construction __ _ _ _ _ _do Bu. of Public Roads— Highway construction: Composite (avg. for year or qtr.)__ .1957-59=100. _ 110. 2 111.3 110.2 108.5 113.4 114.6 113.4 111.6 114.7 115.9 114.6 112.7 114.9 116.1 114.8 113.0 115.4 116. 7 115.3 113.4 115.5 116.9 115.4 113.6 115.6 117.0 115.5 113.7 116.1 117. 5 116.1 114.1 117.2 118.4 117.3 115.0 118.0 119.2 118.1 116.0 118.2 119.4 118.3 116.1 118.4 119.7 118.5 116.4 118.8 120.0 118.8 117.0 118.9 120.1 118.9 117.0 119.5 120.7 119.5 117.6 112.7 118.6 116.1 123. 2 117.0 124.8 116.9 124.7 117.9 126.0 118.0 126.0 117.8 126.0 117.8 126.0 118.8 127.6 119.1 128.6 119.5 129.5 120.1 129.8 120.4 129.8 120.2 129.7 120.4 130.0 101. 0 102.0 103.8 142.9 152.6 130.9 152. 2 127.0 135.4 131.9 148.9 164.4 170.0 162.7 160.0 159.6 148.9 171.2 160.3 140.7 141.2 175.7 154.2 r!51.9 135.9 ir!32.6 155.3 136.7 131.7 104.9 136.2 138.4 93.4 177.4 171.0 134.8 183.4 159.1 179.4 165.9 155.5 207.3 170.0 161.9 233.2 163.6 149.1 236.2 187.5 167.5 246.7 161.6 173. 8 224.5 106. 6 106.7 106.9 103 2 CONSTRUCTION MATERIALS Output index: Composite unadjusted 9 Seasonally adjusted 9 1947-49—100 do Iron and steel products, unadjusted Lumber and wood products unadi Portland cement unadjusted do do do 183.2 r 159. r 165. 4 * 176. 6 6 . r 160. 8 164.1 145.4 ' 170. 9 «• 164. 1 8 143.8 166. 3 235.8 188.1 r 159. REAL ESTATE Mortgage applications for new home construction: Applications for FHA commitments thous. units. _ Seasonally adjusted annual rates do Requests for VA appraisals do Seasonally adjusted annual rates do 190.2 182.1 139.3 113.6 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 8.6 92 17.3 184 8.9 89 16.6 187 8.4 98 15.1 192 7.2 97 H.5 229 6.8 105 13.3 229 6.7 117 Home mortgages insured or guaranteed byFed Hous A dm ' Face amount mil $ 5, 569. 10 6, 573. 22 3, 045. 12 2, 852. 21 Vet Adm • Face amount! do Federal Home Loan Banks, outstanding advances 5,325 4,784 562. 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. 67 217. 21 757. 29 244. 70 755. 77 254. 42 714. 36 245. 00 706. 02 242. 64 698. 25 227. 87 5,325 4,944 4,851 4,747 5,219 5,227 5,586 5,793 5,770 5,802 5,826 5,724 5,997 1,969 1,527 1,541 2,056 2,068 2,022 2,399 2,186 2,187 2,079 1, 961 1,825 1,991 526 861 635 614 1,099 686 520 1,063 603 511 1,099 577 490 1,015 574 487 910 564 431 834 560 484 868 639 108. 72 112.28 124.04 120.5 8.0 16.9 3.2 12.0 13.1 117.8 5.9 15.2 2.2 12.3 14.3 91.5 3.9 7.2 1.2 11.9 11.1 7.3 8.5 6.5 2.2 3.9 38.8 9.2 9.1 5.7 1.7 3.7 38.6 11.3 5.4 '3.9 .9 3.4 '31.3 New mortgage loans of all savings and loan associations estimated total mil $ By purpose of loan: Home construction do Home purchase do All other purposes do 24, 505 544 824 688 558 850 660 2,396 9,113 9,888 10, 259 9,578 10, 248 9,753 9,521 9,806 113. 11 138. 63 128. 48 116. 92 119. 54 130. 52 111. 78 115. 44 130 126 144 100 108 112 155 130 114 144 106 99 105 161 130 122 150 104 77 95 157 136 129 159 104 91 84 161 133 126 144 109 78 111 166 7,039 9,920 7,776 6,515 10, 397 7,593 522 784 663 370 638 519 379 638 524 36, 925 98, 195 36, 921 108, 620 2,936 8,987 2,422 8,858 mil. $_ _ 1, 405. 56 1, 367. 13 124. 59 136. 18 New nonfarm mortgages recorded ($20,000 and under) estimated total mil $ Nonfarm foreclosures number Fire losses (on bldgs. , contents, etc.) 24, 735 1 DOMESTIC TRADE ADVERTISING Printers' Ink advertising index, seas, adj.: Combined index 1957 59 100 JDUSI e^ papers. ao __ 126 114 142 103 101 92 149 130 121 144 106 90 101 155 125 114 139 100 82 110 154 125 112 136 103 89 103 157 129 115 141 104 104 112 163 1, 058. 0 1, 145. 9 96.5 90.6 360.6 348.3 T? uuuo, nr?<5 boiL ft H lr co ~rYnf~V'~Ti" ~ ~ ~~ 209.5 189.7 r aniiK.&, eoLioiiery__ __ rl uo_~ __ 103.2 97.9 q Ir'n t *1 ~~ rl 146.8 130.4 229. 2 201.2 All other do Spot (natl. and regional, cooperating stations) : 871.1 1, 016. 0 38.5 32.6 Automotive, incl. accessories do 192.9 171.7 352.7 291.4 Foods, soft drinks, confectionery do____ 98.5 91.7 Soaps, cleansers, etc do 50.2 38.8 Smoking materials __ ..do _ _ 283.2 All other do 244.9 353.6 33.7 109.2 59.1 27.7 44.9 79.0 310 6 21 1 105 7 58.2 28.8 38.4 58.4 280.5 17 5 88.3 56 9 27.9 30 7 59.3 269.5 16.3 91.0 65.7 26.8 29.3 40,4 272 8 8.3 49.8 92.8 23.6 13. 7 84.5 24Q 6 88 51 9 90 2 22.3 13.2 63.2 273.6 95 48.1 97 7 25.9 13.4 79.1 248.3 10.1 51.1 82.7 26.4 10.5 67.5 "NT wsnanprs " *" Outdoor inn i 'O'OTI (Tn t "do do "nrTr^ "do" ~~ 118 111 127 95 88 102 145 Television advertising: Network (major national networks) : Automotive, incl. accessories 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 __ 931.6 57.3 101.8 26.5 96.4 124. 3 996.8 61.8 110.7 27.1 108.9 134.8 56.4 58.3 Beer, wine, liquors _ do 71.7 66.3 Household equip., supplies, furnishings .do _ _ _ 48.4 45.1 Industrial materials do 16.0 .11.9 Soaps, cleansers, etc do___ 38.3 35.9 Smoking materials do. . 320.9 309.6 All other do... r Revised. 1 Revisions for Jan-Nov. 1964: 143.9; 143.4; 159.3; 159.2; 155.0; 163.6; 161.5; 141.7. f Copyrighted data; see last paragraph of headnote, p. S-l. 127 120 140 108 58 90 153 103.4 8.6 11.9 3.7 9.7 11.3 86.6 2.4 9.0 3.1 9.8 12.7 68.7 .9 5.9 2.4 8.3 9.4 65.3 6.6 4.4 1.7 8.0 8.5 80.2 3.9 6.1 1.0 10.4 11.1 58.8 1.9 6.5 1.4 6.3 8.7 77.2 3.5 9.1 1.8 8.5 11.5 94.1 6.6 10.9 3.0 9.6 12.3 9.7 5.3 3.2 .9 3.6 25.0 1.9 3.2 2.6 1.2 2.7 22.5 3.7 3.0 2.8 1.9 3.1 28.3 3.2 4.6 6.0 5.9 4.9 6.1 3.4 3.8 6.1 9.2 6.0 7.7 3.1 3.9 4.2 4.6 4.9 3.3 1.6 1.4 1.7 2.8 2.7 2.0 3.5. 3.3 3.4 4.3 3.4 3.6 21.3 24.3 27.5 32.1 33.5 35.2 9 Includes data for items not shown separately. § Data include guaranteed direct loans sold. 155.8; 157.0; 149.6; 103.7 6.6 11.0 3.7 9.4 11.6 90.0 10.1 3.6 3.0 10.1 9.3 5.2 6.0 5.0 1.6 3.4 32.7 , 120.5 130.0 SURVEY OF CUEEENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS Dec. Annual 1966 1965 1964 1964 1963 S-ll Mar. Feb. Jan. Apr. May June July Aug. Sept. Oct. Nov. Dec. 261.4 79.1 182.3 13.3 3.9 18.1 147.1 271.9 72.9 198.9 13.2 4.6 27.4 153,8 296.3 78.4 217.9 18.8 5.4 30.6 163. 2 292.4 71.8 220.7 14.6 5.2 28.7 172.2 285.4 62.0 223.4 9.6 5.4 22.9 185.6 Jan. DOMESTIC TRADE—Continued ADVERTISING— Continued Newspaper advertising linage (52 cities) : Total mil. Classified _ Display, total Automotive Financial General Retail lines do do do do do do 2, 856. 5 749.7 2, 106. 7 150.6 58.8 285.8 1,611.6 2, 973. 5 787.1 2, 186. 3 159.7 60.9 292. 5 1, 673. 2 262.3 54.8 207.5 9.3 5.0 22.2 171.1 223.8 65.2 158.6 10.6 7.3 19.3 121.4 214.5 62.5 152.0 12.0 4.3 19.8 116.0 256.3 71.3 185.0 14.3 5.4 24.8 140.4 271.8 72.7 199.1 16.6 5.7 25.4 151.4 286.0 79.9 206. 0 16.9 5.0 28.5 155.6 266.0 75.7 190.3 17.3 5.4 24.9 142.7 238.7 74.1 164.6 13.4 5.7 18.2 127.3 246, 435 261,630 27, 719 20, 581 19,608 21,915 23, 525 23, 820 23, 825 24, 129 RETAIL TRADE All retail stores: f Estimated sales (unadj.), total f mil. $ 22, 989 '22,732 '25,067 '25, 141 '130,923 121,917 do do do do ' 79, 527 ' 84, 173 ' 8, 076 ' 6, 605 ' 6, 608 ' 7, 640 ' 7, 984 ' 8, 144 ' 8, 362 '8,066 ' 7, 448 ' 7, 082 ' 8, 413 ' 8, 333 '18,982 ' 46, 194 ' 48, 730 ' 4, 381 ' 4, 237 '4,265 ' 4, 977 ' 5, 056 ' 5, 006 ' 5, 094 ' 4, 821 ' 4, 243 ' 3, 784 ' 4, 994 '4,892 '14,789 4,625 ' 43, 391 ' 45, 799 ' 4, 064 ' 4, 047 ' 4, 085 ' 4, 760 ' 4, 796 ' 4, 729 ' 4, 812 ' 4, 540 ' 3, 984 ' 3, 540 4, 719 '282 '259 275 267 '281 '244 '190 '217 '260 '277 '317 '180 '2,803 ' 2, 931 16,915 i 4, 291 Furniture and appliance group 9 Furniture homefurnishings stores Household appliance, TV, radio do do do ' 11, 591 ' 13, 090 ' 1, 513 '850 ' 8, 079 '542 ' 4, 199 '1,332 '11,636 838 392 i 1, 060 Lumber building hardware group Lumber, bldg. materials dealerscf Hardware stores do do do ' 11, 303 ' 11, 340 '8, 765 ' 8, 690 '•2,538 ' 2, 650 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 ' 166, 908 '177,457 '19,643 '13,976 '13,000 '14,275 '15,541 '15,676 '15,463 '16,063 '15,541 '15,650 '16,654 '16,808 '121,941 115,002 '•14,220 ' 15, 282 ' 2, 277 ' 1, 081 '900 ' 1, 049 ' 1, 383 ' 1, 256 ' 1, 208 ' 1, 145 ' 1, 173 '1,324 ' 1, 360 ' 1, 420 '12,431 i 1, 077 '236 280 '226 '250 295 ' 2, 862 ' 3, 121 '199 '256 '268 '238 '538 '187 '265 553 '456 '440 '443 '496 581 '433 '496 '5,491 ' 5, 944 '895 '427 '367 '538 '278 310 '196 '282 '275 '309 '348 334 '236 '230 '309 '544 '3,417 ' 3, 626 '191 '230 210 '222 '209 217 ' 2, 450 ' 2, 591 '300 '180 '195 '150 '187 '271 Durable goods stores 9 __ Automotive group Passenger car other auto dealers Tire battery accessory dealers 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 ' 8, 200 ' 18, 236 ' 59, 764 '54,427 '19,346 ' ' ' ' '962 '631 '331 ' 8, 613 19, 577 62; 864 57, 272 20, 269 '28,897 ' 32, 350 ' 18, 496 ' 20, 809 ' 2, 182 ' 2, 402 ' 4, 448 '4,948 ' 5, 707 ' 6, Oil '961 '602 '292 '919 '572 '277 ' 1, 014 ' 1, 015 ' 1, 044 ' 1, 106 ' 1, 129 ' 1, 139 '1,201 ' 1, 272 '712 790 '642 '666 '708 V724 '724 '638 '312 '329 '347 '393 394 '335 '303 '298 '725 ' '681 '520 '544' ' 181 '161 '733 1, 610 5, 212 4, 764 1, 695 '966 1,669 5,805 5,285 1,782 '718 1,575 5,300 4,868 1,676 5,200 3,316 '349 '860 '775 2,123 ' 2, 025 ' 2, 439 ' 2, 842 1,400' ' 1, 295 ' 1, 583 ' 1, 841 '138 '151 '199 '197 '298 '319 '355 '436 '452 '459 '486 '437 ' ' ' ' '694 1, 468 4, 907 4, 482 1, 559 ' ' ' ' 1,132 885 247 '973 ' 1, 090 ' 1, 143 ' 1, 160 ' 1, 119 ' 1, 102 '916 '900 '889 '865 '839 '745 '243 '244 '230 '237 '251 '228 '808 '624 '184 '738 ' 1, 713 ' 5, 436 '4,969 ' 1, 765 1,101 850 251 '751 1,831 5,496 5,010 1,844 '746 1,865 5,477 4,986 1,895 '766 2,015 6,043 5,519 1,963 1,107 1,821 6, 653 6,080 1,905 1769 1,648 5,624 5, 144 1,749 2,809 1,836 '194 '423 '510 2,746 1,806 '184 '409 '497 2,663 ' 2, 865 ' 2, 962 ' 3, 122 ' 3, 598 '15,677 1,731 ' 1, 863 ' 1, 942 '2,035 ' 2, 336 '13,717 '172 '212 '223 225 328 482 '412 '422 '426 448 '542 533 555 '505 '497 2,391 1,587 '757 ' 1, 984 '5,453 '4,956 ' 1, 926 ' ' ' ' '759 1, 856 5, 498 5, 017 1, 820 ' ' ' ' '798 1, 878 5, 962 5, 448 1, 884 ' ' ' ' '788 1, 758 5, 608 5, 105 1, 871 ' ' ' ' ' do '22,757 '22,933 '23, 168 '22,884 '22,829 '23,334 '23,348 '23,658 '23,591 '23, 763 '24, 217 '24,640 '125,130 124,855 Durable goods stores 9 Automotive group " Passenger car other auto dealers Tire battery accessory dealers do do do do ' 7, 567 ' 7, 759 ' 7, 841 ' 7, 597 ' 7, 445 ' 7, 618 ' 7, 691 ' 7, 821 ' 7, 764 ' 7, 770 ' 7, 871 ' 8, 050 '18,289 '4,593 ' 4, 730 ' 4, 875 ' 4, 608 ' 4. 472 ' 4, 555 ' 4, 606 ' 4, 743 ' 4, 660 ' 4, 658 ' 4, 614 ' 4, 716 '14,882 4,447 ' 4, 351 ' 4, 487 ' 4, 626 '4,363 ' 4, 218 ' 4, 295 ' 4, 359 ' 4, 491 ' 4, 402 ' 4, 398 4,345 '252 269 269 '260 '247 '258 '260 '242 '243 '249 '245 '254 Furniture and appliance group 9 Furniture homefurnishings stores Household appliance TV radio do do do ' 1, 138 ' 1, 101 ' 1, 038 ' 1, 129 ' 1, 095 ' 1, 090 ' 1, 125 ' 1, 112 ' 1, 136 ' 1, 186 ' 1, 227 749 '722 '706 '716 '682 '699 '709 '687 '681 '675 '668 '353 '389 380 '339 '332 '334 '323 '334 '335 '307 '371 Lumber building hardware group71 Lumber bldg materials dealers o Hardware stores do do do Estimated sales (seas, adj.), total f Nondurable goods stores 9 Men's and boys' wear stores ~W omen's apparel accessory stores Famiiv and other apparel stores Shoe stores Drug and proprietary stores Eating and drinking places Food group Grocery stores Gasoline service stations do do do do do do do do do do General merchandise group 9 do Department stores do M! ail order houses (dept store mdse ) do Variety stores do Liouor stores do '962 ' 1, 019 '727 '788 '231 '235 '980 '755 '225 do do do do do '734 1, 674 5, 411 4, 940 1, 739 '740 1,714 5,305 4,849 1,757 '753 '744 1,729 ' 1, 727 ' 5,340 ' 5, 392 ' 4,874 ' 4, 925 ' 1,784 ' 1, 771 ' ' 2, 852 ' 1, 800 '203 '425 '509 2,844 1,867 '200 '425 '507 2,895 ' 2, 862 ' 2, 836 1,907 ' 1, 867 ' 1, 847 '211 '202 '205 '431 '420 '435 '509 '521 '516 ' ' ' ' '16,362 ' 17, 327 '17,327 ' 3, 326 ' 3, 432 ' 3, 432 ' 3, 611 ' 3, 822 ' 3, 822 ' 4, 863 ' 5, 381 '5,381 ' 2, 818 ' 3, 174 ' 3, 174 32, 913 '14,688 ' 6, 980 ' 2, 346 ' 2, 628 '17,073 '17,391 '18,225 '3,317 ' 3, 461 ' 3, 770 ' 3, 775 ' 3, 773 ' 3, 819 '5,323 ' 5, 525 ' 5, 870 '3,078 ' 3, 197 ' 3, 422 29, 383 31, 130 31, 130 31,478 31,635 Book value (seas, adj.), total f do '12,386 ' 13, 136 '13,136 '13,493 '13,655 Durable goods stores 9 do '5, 495 ' 5, 645 ' 5, 645 '5,882 ' 5, 970 Automotive group do ' 2, 124 ' 2, 272 ' 2, 272 ' 2, 309 ' 2, 344 Furniture and appliance group do ' 2, 352 ' 2, 550 ' 2, 550 ' 2, 582 ' 2, 577 Lumber, building, hardware e;roup___do __ 'Revised. i Advance estimate. fRevised series. Data reflect use of new sample (effective with data for Oct. 1965) based on. definitions and classifications according to the 1963 Census of Business; see p. 20 ff. of the Feb. 1966 SURVEY for additional description and back data (revised accounts receivable data are not presently available). Complete details ' 1, 246 '11,221 773 361 1,077 823 254 '15,190 '15,174 '15,327 '15,287 '15,384 '15,716 '15,657 '15,837 '15,827 '15,993 '16,346 '16,590 '116,841 116,631 ' 1, 275 '1,301 ' 1, 297 ' 1, 245 ' 1, 242 ' 1, 299 ' 1, 278 '1,315 ' 1, 306 ' 1, 343 ' 1, 321 ' 1, 350 '11,360 276 '262 276 '268 '269 '264 '271 '278 '271 '265 '271 '265 546 '496 '502 '510 '500 '501 '508 535 '510 '485 '507 '514 304 '326 290 '303 '327 '344 '306 '301 '278 '300 '289 '289 224 '212 220 '211 '213 '207 '220 '208 '218 '203 '215 '214 Estimated inventories, end of year or month: f 30, 181 30, 181 30, 486 31, 298 Book value (unadjusted), total t mil. $__ 28, 500 ' 12, 138 ' 12, 854 '12,854 '13,413 '13, 907 Durable goods stores 9 do r5,412 ' 5, 578 ' 5, 578 ' 6, 059 ' 6, 442 Automotive group do ' 2, 084 ' 2, 227 ' 2, 227 ' 2, 226 '2,269 Furniture and appliance group do ' 2, 267 ' 2, 461 ' 2, 461 ' 2, 499 ' 2, 523 Lumber, building, hardware group _ _do Nondurable goods stores 9 Apparel group Food group General merchandise group Department stores '942 ' 1, 004 '1,011 ' 1, 016 ' 1, 002 ' 1, 002 1,021 '782 775 '783 '768 '765 '776 '724 246 '234 '228 '228 '234 '237 '218 '946 '730 ' 216 i 8, 224 '762 '760 '755 1,769 ' 1, 769 ' 1, 743 5,507 ' 5, 534 ' 5, 446 5,031 ' 5, 053 ' 4, 981 1, 792 1, 811 ' 1, 824 ' 33, 384 '14,981 ' 7, 151 '2,416 ' 2, 611 '775 1, 809 5, 576 5, 081 1, 831 ' ' ' ' '779 1, 805 5, 565 5, 075 1, 820 ' ' ' ' '816 '820 ' 1842 '794 1, 818 ' 1, 827 ' 1, 824 '11,816 ' 5, 815 ' 5, 785 '16,038 5, 586 5,298 5,265 5, 097 ' 1, 882 'U,853 ' 1, 843 1, 827 2,945 ' 2, 894 ' 2, 955 ' 2, 990 ' 3, 047 ' 3, 043 ' 3, 192 '13,115 1,966 2,075 1,914 ' 1, 885 ' 1, 930 ' 1, 963 ' 1, 986 235 '219 '211 '223 220 '211 '215 '452 467 459 '443 '442 '448 '450 537 531 '513 '530 '527 '530 '525 33, 277 '15,098 ' 7, 338 ' 2, 389 '2,611 33, 087 '15,002 '7,308 ' 2, 383 '2,590 32, 935 '14,918 ' 7, 300 ' 2, 338 ' 2, 547 32, 743 '14,317 ' 6, 615 ' 2, 396 ' 2, 520 32, 527 33, 708 '13,623 '14,016 ' 5, 945 '6,344 ' 2, 426 ' 2, 419 ' 2, 529 ' 2, 526 34, 771 '14,533 ' 6, 772 ' 2, 502 ' 2, 525 '18,403 '18,179 '18,085 '18,017 '18,426 '18,904 '19,692 '20,238 ' 3, 779 ' 3, 709 ' 3, 631 ' 3, 638 ' 3, 930 ' 4, 141 ' 4, 213 '4,266 ' 3, 862 ' 3, 803 ' 3, 803 ' 3, 762 ' 3, 735 ' 3, 720 ' 3, 892 '3, 982 '5,923 ' 5, 847 ' 5, 825 ' 5, 855 ' 6. 025 ' 6, 309 ' 6, 749 ' 6, 920 ' 3, 465 ' 3, 419 ' 3, 378 ' 3, 400 ' 3, 517 ' 3, 693 ' 4, 023 ' 4, 175 32, 898 14, 434 7,189 2,312 2, 427 18, 464 3,677 4,074 5,825 3,460 32, 260 32,546 32, 823 33, 014 33, 088 33, 360 33, 045 33, 296 33, 533 33, 952 '14,082 '14,298 '14,566 '14,546 '14,592 '14,819 '14,821 '14,782 '14,774 14, 782 7,329 ' 6, 334 ' 6, 513 ' 6, 813 ' 6, 900 ' 6, 979 ' 7, 213 ' 7, 036 ' 7, 250 '7,304 ' 2, 363 '2,395 ' 2, 383 ' 2, 393 ' 2, 357 ' 2, 401 ' 2, 393 '2,335 ' 2, 383 2,359 ' 2, 571 ' 2, 538 -2,535 ' 2, 525 ' 2, 525 ' 2, 507 ' 2, 534 ' ?, 562 ' 2, 563 2,512 appear in the Monthly Retail Trade Report, Oct. 1965, available from the Bureau of the Census, Wash., D.C. 20233. cf1 Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores. SURVEY OF CURKENT BUSINESS 8-12 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 February 1966 1964 Annual Dec. 1965 Jan. Feb. Apr. Mar. May June 1966 July Aug. Sept. Oct. Nov. Dec. Jan. DOMESTIC TRADE—Continued RETAIL TRADE— Continued All retail stores f— Continued Estimated inventories, end of ,yr. ormo.f— 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:f Estimated sales (unadj.), total 9 1 r 16, 997 3, 482 '3 625 r 5 291 '3 063 r 69 752 75 610 r do Apparel group 9 Mien's and boys' wear stores AV omen's apparel accessory stores Shoe stores Drug and proprietary stores Eating and drinking places Furniture and appliance group ' 17, 994 r r17, 994 '17,985 '17,980 '18,178 3, 613 ' 3, 598 ' 3, 608 ' 3, 740 '3,613 '3 857 '3 857 '3 849 '3 808 '3 800 r 5 809 '5 809 ' 5 838 ' 5 861'5 914 '3 410 '3 410 '3 404 '3 430 '3 436 68, 306 r 531 r I 622 r I 155 General merchandise group 9 Dept stores excl mail order sales Variety stores Grocery stores do do do do Tire battery accessory dealers do f 1 242 do do do do do do General merchandise group 9 Dept stores excl mail order sales Variety stores Grocery stores Lumber yards bldg materials dealers cT Tire battery accessory dealers do do do do do do 6 794 6 694 6,614 ' 5, 079 ' 4, 715 ' 5, 370 '653 '274 r 92 r 38 T 252 '98 '75 r 269 '143 '159 ' 133 r 132 '78 5 391 '233 '30 '86 '66 '155 '129 '76 18, 496 '18,541 '18,424 ' 3, 842 ' 3, 899 ' 3, 903 ' 3, 804 ' 3, 815 ' 3, 735 ' 6, 055 ' 6, 048 ' 6, 004 ' 3, 575 ' 3, 553 ' 3, 503 6,843 ' 6, 096 ' 5, 899 '6,047 ' 5, 960 ' 5, 898 '297 '420 '362 '351 '314 ' 113 '150 ' 125 '179 '153 '136 ' 128 '120 '98 '97 '82 '181 '162 '183 '167 '103 '189 '170 '34 '82 '173 '146 '92 '49 '94 '47 '98 '45 6,637 '38 '97 6,432 6,601 390 52 145 96 197 169 109 412 53 153 98 196 155 110 2,260 1,522 2,615 1,743 2,451 2,251 '125 '139 '106 '187 '168 '102 '89 '183 '172 '99 '41 ' 2, 188 ' 1, 480 '326 ' 2, 249 347 386 121 108 6,213 6,383 382 49 146 99 203 164 383 46 139 104 203 160 2,199 1,465 353 2,348 2,347 1, 582 371 2,335 ' 77 ' 92 r 112 '119 ' 123 ' 121 '360 '365 '363 '368 '371 '375 '46 '351 '360 '45 138 '135 ' 132 '134 '135 '133 '133 '139 '96 '97 '137 '95 '97 ' 176 ' 149 ' 183 '150 '186 '154 '187 '157 '189 ' 159 ' 192 '158 '194 '160 2 077 ' 1 390' '329 2 245 *• 2 056 ' 1 386' '317 2, 277 ' 2 138' 2 114 ' 2, 170 ' 2, 210 ' 2, 250 1, 424 ' 1,415 ' 1, 456 ' 1, 500 '1,515 '348 '342 '338 '342 '337 2, 294 ' 2, 302 ' 2, 306 ' 2, 303 ' 2, 321 r '94 '95 r 169 '146 ' 2 046 ' 2 059 ' 2 071 ' '1 382 '1 395 ' 1 398' '320 '330 '323 ' 2 273 ' 2 177 r 2 218 ' '105 ' 6, 092 '108 '364 '99 8,436 ' 6, 248 '138 r 176 '145 « 8, 195 '114 r 83 '365 '45 7, 219 '376 '36 18, 514 '18,759 19, 170 ' 3, 848 ' 3, 867 3,871 4,111 ' 3, 812 ' 3, 896 ' 6, 040 ' 6, 092 6,284 ' 3, 542 ' 3, 608 3,713 ' 5 780 '5 863 '5 900 ' 5 935 ' 6, 054 ' 6, 039 ' 6, 093 ' 6, 156 r 147 5 910 r '337 r 3 708 ' 1 527' 1 420 ' 1 750' 2 068 ' 2 065 ' 2 032 ' 1, 982 ' 2, 135 T 2 471 '1 049 '938 ' 1 176' 1 390'1 401 ' 1,378 ' 1, 334 ' 1, 431 r '328 '315 '315 '331 '322 '236 '220 269 '647 ' 2 453 r 2 236 ' 2 054 ' 2 189 ' 2 338 ' 2, 276 ' 2, 221 ' 2, 497 ' 2, 142 r do 8, 375 18, 468 ' 3, 810 ' 3, 792 ' 6, 035 ' 3, 541 6 099 5 735 r 149 '2 029 T l 677 T i 126 r 23 645 r 15 807 T 3 770 r 26 198 Apparel group 9 Mien's and boys' wear stores 7V omen's apparel accessory stores Shoe stores Drug and proprietary stores Eating and 'drinking places r '4 287 do do do do do do do Estimated sales (seas adi ) total 9 1 9 280 18, 248 18, 257 ' 3, 749 ' 3, 762 '3 809 '3 784 ' 5 908 ' 5, 905 ' 3, 455 ' 3, 447 ' 108 ' 110 '43 '93 '47 '94 r 47 '45 '46 '47 '47 '97 '199 '163 r 107 '110 '112 '108 '109 '114 '116 120 107 50 18 52 18 43 46 All retail stores, accounts receivable, end of yr. or mo. : Total (unadjusted) f mil $ UldU tJ gUOUb t>tUit!b __ U t Hn~ Installment accounts T) LUctLue hip gft UUh rl btUltJ t p, pf>r> do ---- U + ~Hn Installment accounts do Department stores: Ratio of collections to accounts receivable: 17 49 17 50 18 49 17 48 17 50 18 47 17 48 17 51 18 50 17 49 18 50 18 50 18 43 39 18 43 39 18 46 38 16 43 36 21 43 38 19 43 39 18 43 39 18 43 39 18 44 37 44 37 44 38 42 42 39 1Q 40 18 39 18 AQ Installment accounts do Sales by type of payment: Cash sales percent of total sales Charge account sales do Installment sales do 37 17 EMPLOYMENT AND POPULATION ( POPULATION Population, U.S. (incl. Alaska and Hawaii): Total, in cl. armed forces overseas_ _ miL EMPLOYMENT Noninstitutional population, est. number 14 years of age and over, total, unadj mil 192. 12 193. 29 193. 50 193. 68 193. 85 194. 03 194. 20 194. 39 194. 58 194.80 195. 02 195. 24 195. 44 195. 63 195. 81 132. 12 134. 14 135. 14 135. 30 135. 47 135. 65 135. 81 135. 98 136. 16 136. 25 136. 47 136. 67 136. 86 137. 04 137. 23 137. 39 thous__ do do_ _ do _ _do 75, 712 72, 975 68, 809 4,946 63, 863 76, 971 74, 233 70, 357 4,761 65, 596 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 80, 163 77,470 74, 212 5,136 69, 077 78, 044 75, 321 72, 446 4,778 67, 668 78, 713 75, 953 73, 196 4,954 68, 242 78, 598 75, 803 72,837 4,128 68, 709 78, 477 75, 636 72, 749 3,645 69, 103 77, 409 74, 519 71, 229 3,577 67, 652 Unemployed (all civilian workers) do Long-term (15 weeks and over) do Percent of civilian labor force.. ... Not in labor force. _ _ _ _thous__ Civilian labor force, seasonally adj© do Employed, total do Agricultural employment do Nonagricultural employment do Unemployed (all civilian workers) _do Long-term (15 weeks and over) do Rates: f All civilian workers Men, 20 years of age and over Women, 20 years of age and over Both sexes. 14-19 vears of aere 4,166 1,088 3,466 802 4.7 58, 568 74, 747 71, 037 4,611 66, 426 3,710 882 3,996 845 5.5 59, 603 74, 883 71, 252 4,533 66, 719 3,631 824 4,218 1,050 56, 412 3,876 973 5.2 57, 172 59, 051 75, 063 71, 326 4,608 66, 718 3,737 887 3,740 1,019 5.1 59, 039 75, 020 71, 483 4,588 66, 895 3,537 800 3,552 1,050 4.8 58, 504 75, 302 71, 688 4,769 66, 919 3,614 813 3,335 804 4.4 57, 556 75, 308 71, 816 4,869 66, 947 3,490 714 4,287 762 5.5 55, 477 75, 651 72, 085 4,651 67,434 3,566 779 3,602 587 4.6 55, 102 76, 054 72, 618 4,639 €7, 979 3,436 686 3,258 612 4.2 56, 310 75, 772 72, 387 4,572 67, 815 3,385 717 2,875 609 3.8 58, 626 75, 611 72, 297 4,418 67, 879 3,314 728 2,757 588 3.6 58, 149 75, 846 72, 561 4,551 68, 010 3,285 697 2,966 531 3.9 58, 445 76, 112 72, 914 4,273 68, 641 3,198 644 2,888 600 3.8 58, 749 76, 567 73, 441 4,486 68, 955 3,126 660 3,290 678 4.4 59, 985 76, 754 73, 715 4,429 69, 286 3,039 661 4.7 4.8 4.6 4.7 4.5 4.4 4.3 4.2 4.1 4.0 3.9 5.2 3.5 4.8 3.5 4.5 5.0 4.5 5.4 15.6 14.7 15.5 15.2 Total labor force, incl. armed forces Civilian labor force, total _ _ _ Employed, total Agricultural employment Nonagricultural employment _ 1 189. 42 5.7 1 5.0 5.7 4.8 1 ' Revised. «* See note marked "t" on! p. S-ll. As of July 1. tSee corresponding note on p. S-ll. 9 Includes data not slwwn separately. cf Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores. 1 Unemployed in each group as percent of that group. 3.5 5.0 14.5 3.4 4.6 14.1 3.4 4.6 14.7 3.3 4.4 3.2 4.8 14.0 14.0 4.5 3.2 4.4 3.1 4.4 3.0 4.2 13.4 12.9 13.2 2.9 4.2 13.2 2.8 4.3 12.3 2.6 4.0 12.9 2.6 3.8 12.0 0 Effective with the Feb. 1966 SURVEY, data reflect revised seasonal factors; comparable data for earlier periods appear in the Feb. 1966 BLS report, Employment and Earnings and Monthly Report on the Labor Force, GPO, Wash., D.C. 20402. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1965 1964 Dec. S-13 Jan. Feb. Mar. Apr. May June 1966 July Aug. Sept. Oct. Nov. Dec. Jan.? 61 006 EMPLOYMENT AND POPULATION—Continued EMPLOYMENT--Continued Employees on payrolls (nonagricultural estab.):f Total, unadjustedt thous 56, 602 58, 156 59, 896 58, 234 58, 341 58, 784 59, 471 60,000 60, 848 60, 694 60, 960 61,515 61, 786 '62,029 '62 643 M anuf acturing establishments Durable goods industries _ _ Nondurable goods industries. _ do_ _ _ do do_ _ 16, 995 9,616 7,380 17, 259 9 813 7, 446 17, 547 10, 050 7,497 17, 396 9,996 7,400 17, 473 10, 048 7,425 17, 578 10, 114 7,464 17, 659 10, 218 7,441 17, 745 10, 279 7,466 18, 027 10, 437 7,590 18, 016 10, 416 7,600 18, 211 10, 410 7,801 18,428 10 608 7,820 18,412 '•18,443 '18,416 18, 268 10 623 ' r10, 686 '10 719 10 682 7, 757 '7 697 7 586 7,789 Mining, total 9 _ _ _ _ _ _ Metal mining _ Coal mining Crude petroleum and natural gas do _ do_ _ do do_ 635 80 149 289 633 79 148 289 633 82 149 287 619 82 147 282 616 82 146 280 615 82 143 279 623 83 144 280 629 83 142 282 640 84 142 288 641 84 139 290 640 85 140 288 627 84 136 281 629 83 143 278 Contract construction Transportation and public utilities 9 Railroad transportation Local and interurban passenger transit do do do do _ 2,963 3,903 772 269 3, 056 3,947 756 267 3,007 4,002 746 272 2,800 3,863 728 273 2,713 3,917 727 271 2,820 3,965 729 271 2,978 3,977 735 270 3,223 4,008 737 270 3,412 4,070 747 263 3,476 4,083 749 248 3,575 4,098 750 252 3,495 4,112 741 270 3,465 4,104 738 271 ' 3, 375 ' 3, 185 2,947 ' 4, 091 ' 4, 087 4,023 '730 734 270 272 904 202 686 610 920 213 706 614 949 220 715 611 912 220 715 610 913 221 717 609 926 222 722 610 930 224 728 613 946 227 731 614 978 229 740 627 986 233 755 634 985 234 756 639 1,001 236 744 630 1,005 238 742 622 r 1, 001 do do _ do do__ do do 11, 778 3,104 8,675 2,877 8,226 9,225 12, 132 3,173 8,959 2,964 8,569 9 595 13, 084 3,240 9,844 2,981 8,627 10, 015 12, 190 3,190 9,000 2,973 8, 557 9 836 12, 112 3,182 8,930 2, 986 8,604 9,920 12, 167 3,189 8,978 2,999 8,662 9,978 12, 418 3,199 9,219 3,012 8,796 10, 008 12, 437 3,213 9,224 3,029 8,905 10 024 12, 596 3,269 9,327 3,062 9,008 10, 033 12, 583 3,301 9,282 3,098 9,081 9 716 12, 574 3,312 9,262 3,102 9,062 9 698 12, 639 3,307 9,332 3, 073 9,039 10, 102 12, 736 3,321 9,415 3,066 9,073 10, 301 12, 960 r 3, 326 ' 9, 634 r 3, 062 r 9, 054 r 10, 413 '13,638 ' 3, 345 '10,293 ' 3, 063 ' 9, 045 ' 10, 581 12, 710 3 301 9 409 3 055 8,961 10 428 do____ do_ _ _ _ do do.. _do__ do do do _ 56, 602 16, 995 9,616 266 593 390 601 1,172 58, 156 17, 259 9,813 247 602 406 612 1,231 59, 163 17, 565 10, 044 231 604 417 617 1,278 59, 295 17, 638 10, 098 231 600 420 621 1,282 59,581 17, 703 10, 150 230 603 423 619 1,283 59,814 17, 762 10, 194 230 614 425 623 1,284 59, 846 17, 803 10, 241 229 607 428 619 1,285 60, 032 17, 835 10, 266 231 603 428 613 1,285 60, 290 17, 943 10, 345 234 601 428 612 1,306 60, 501 18, 032 10, 424 236 602 430 618 1,317 60, 621 18, 072 10, 476 239 603 427 618 1,318 60, 756 18, 098 10,494 242 601 430 622 1,308 61,001 18, 163 10, 523 243 605 432 624 1,284 '61,472 '18,321 10,615 '244 '613 '435 '627 ' 1, 269 '61,865 '18,429 '10,706 '243 '621 '442 '636 '1,274 62, 111 18, 518 10,790 249 628 450 646 1,280 Fabricated metal products do Machinery do Electrical equipment and supplies, __do 1,150 1,529 1,554 1,187 1,606 1,548 1,218 1, 657 1,586 1,230 1,663 1,596 1,243 1,669 1,609 1,222 1,678 1,624 1,247 1 683 1,635 1,251 1 692 1,647 1,259 1 707 1,665 1,269 1 728 1,677 1,263 1,728 1,683 1,269 1, 736 1,697 1,274 1,745 1,722 '1,294 ' 1, 301 1,312 ' 1, 768 ' 1, 771 1,780 ' 1, 741 ' 1, 768 1,785 Transportation equipment do Instruments and related products. __ do__ Miscellaneous manufacturing ind do 1,610 365 387 1,605 369 398 1,652 373 411 1,670 374 411 1,681 376 414 1,700 378 416 1,712 379 417 1,722 378 416 1,735 383 415 1,740 389 418 1,781 388 428 1,771 390 428 1, 767 392 435 ' 1, 790 ' 1, 806 '398 394 '446 '440 Nondurable goods industries __do_. 7,380 7,540 7,446 7,521 7,553 Food and kindred products do 1,752 1,753 1,756 1, 746 1,749 Tobacco manufactures do 88 87 89 89 89 Textile mill products do 885 905 901 909 891 Apparel and related products do 1,283 1,324 1,334 1,334 1,302 Paper an d allied products do 632 618 631 629 625 Printing, publishing, and allied ind__do 963 931 961 967 950 Chemicals and allied products do 865 887 890 886 877 Petroleum refining and related ind___do 179 189 183 180 179 Rubber and misc. plastic products. _ _ do 447 434 443 453 418 Leather and leather products do 352 353 353 349 348 Mining _ do 635 634 633 635 634 Contract construction do 2 963 3 211 3 185 3 056 3 179 Transportation and public utilities do 3,903 3 926 3,985 3 947 3 994 Wholesale and retail trade _ do 11 778 12 132 12 303 12 374 12 423 Finance, insurance, and real estate do _ 2 999 3 003 3 013 2 877 2 964 Services and miscellaneous do 8,732 8,771 8,226 8,705 8,569 9 595 9 783 9 803 9 841 Government _ _ _ _ _ do 9 225 Production workers on mfg. payrolls, unadjusted:! Total, unadjustedt thous.. 12, 555 12, 769 13, 035 12, 890 12, 956 Seasonally adjusted do 13 045 13 116 13 158 7,423 7,435 Durable goods industries, unadjusted— do 7,379 7,027 7,209 7, 476 7,515 Seasonally adjusted do 7,427 Ordnance and accessories do____ 100 99 115 101 106 501 Lumber and wood products _ _ _ do_ _ _ 496 527 530 518 Furniture and fixtures „ do 324 347 344 346 337 Stone, clay, and glass products do 484 471 492 485 471 Primary metal industries _ _ do_ 1,049 1,002 1,036 947 1,039 Blast furnaces, steel and rolling mills do 425 480 487 481 459 946 Fabricated metal products do____ 882 944 939 912 Machinery _ _ _ do 1,059 1 160 1,168 1 118 1, 155 Electrical equipment and supplies do 1,034 1,090 1,086 1,090 1,038 Transportation equipment 9 do „ 1,202 1,112 1,204 1,198 1,120 Miotor vehicles and equipment do 656 654 574 648 581 Aircraft and parts do 330 351 337 336 338 Instruments and related products do 232 238 234 238 237 Miscellaneous mfg. industries do 312 310 322 303 319 Nondurable goods industries, unadj do 5,600 5,533 5, 560 5,527 5,511 Seasonally adjusted do 5 640 5 643 5 618 Food and kindred products. .. do_ _ . _ 1,167 1,154 1,142 1,093 1, 069 Tobacco manufactures do 82 71 77 75 77 Textile mill products do_. .. 804 793 803 798 798 Apparel and related products _ ... do. . 1,193 1,174 1,166 1,138 1,158 Paper and allied products. do____ 486 486 486 492 489 Printing, publishing, and allied ind-.do 590 614 609 601 606 Chemicals and allied products do 532 529 525 529 529 Petroleum refining and related ind._-do 120 114 107 107 108 Petroleum refining do 86 95 85 90 86 Rubber and misc. plastic products. __ do 323 350 335 345 345 Leather and leather products do 311 307 308 306 311 ' Revised, p Preliminary. •(•Beginning in the Jan. 1966 issue of the SURVEY, data for employment, hours, earnings, and labor turnover reflect adjustment to Mar. 1964 benchmarks and the introduction of the 1963 amendments to the 1957 SIC system; they are not strictly comparable with previously pub- 7,568 1,746 86 912 1,340 632 969 892 179 457 355 632 3 238 4,017 12 460 3 023 8,794 9 888 7,562 1,729 86 915 1,344 633 971 893 178 460 353 629 3 145 4,013 12 494 3 024 8,814 9 924 7,569 1, 734 86 914 1,346 633 971 894 176 460 355 627 3 188 4 020 12 532 3 032 8,843 9 955 7,598 1,728 86 916 1,367 634 975 900 177 463 352 626 3 195 4 034 12 580 3 041 8,857 10 014 7,608 1,733 87 921 1,343 641 981 908 179 464 351 633 3 154 4 031 12 619 3 049 8,929 10 054 7,596 1,723 80 921 1,345 637 981 911 179 466 353 627 3 189 4 049 12 600 3 053 8,946 10 085 7,604 1,717 79 924 1, 356 640 980 910 179 465 354 617 3 186 4,067 12 641 3,061 8,967 10 119 Motor freight trans, and storage Air transportation _ Telephone communication Electric, gas, and sanitary services Wholesale and retail trade Wholesale trade. _ Retail trade. Finance, insurance, and real estate Services and miscellaneous Government _ _ _ __ • Total, seasonally adjustedf Manufacturing establishments Durable goods industries.: Ordnance and accessories Lumber and wood products. Furniture and fixtures _ Stone, clay, and glass products Primary metal industries- do do do do 631 84 145 '279 '240 744 '618 r '628 84 144 280 614 992 243 745 621 7,640 ' 7, 706 ' 7, 723 1, 733 '1,761 ' 1, 745 '83 81 81 '936 '933 928 ' 1, 378 1,362 ' 1, 369 '650 '646 643 '992 990 984 '919 '914 909 '178 '178 177 '483 477 469 '359 '357 354 '630 622 r 627 3, 267 ' 3, 367 3 202 4, 071 ' 4, 079 ' 4, 079 12 684 12, 754 12, 822 3,069 ' 3, 074 ' 3, 081 9,019 ' 9, 081 ' 9, 127 10 171 10, 269 10, 330 1,815 403 442 7,728 1,753 84 936 1,362 652 994 923 177 485 362 629 3,353 4,088 12, 902 3,086 9,144 10,391 13, 180 13, 412 13, 361 13, 540 13, 773 13, 754 13, 770 13, 733 13, 585 13 252 13 340 13 405 13 440 13 457 13 507 13 647 13 741 13, 817 7,621 7, 750 7,683 7,701 7,887 7,900 ' 7, 949 ' 7, 975 7,933 7,599 7 662 7 721 7 769 7 781 7 798 '7 878 ' 7, 963 8,032 113 110 98 102 110 99 100 108 106 '532 518 531 '540 558 553 553 543 550 368 369 350 367 355 360 353 364 366 491 '500 '508 497 507 512 516 511 519 1,033 1,066 1,076 1,032 ' 1, 017 ' 1, 027 1,069 1,085 1,080 437 '435 493 504 506 506 484 451 1,004 ' .1, 017 ' 1, 017 ~l~6l2~ 968 984 979 974 999 1, 253 1, 192 1 206 1 204 1 196 1 212 1 212 ' 1, 226 ' 1, 242 1,240 1,114 1,136 1,132 1,148 1,203 '1,221 ' 1, 242 1,180 1,318 1, 240 1,144 1,244 1,291 '1,314 ' 1, 326 1, 218 1,270 710 706 697 672 682 660 568 678 394 '390 '381 342 364 341 356 369 350 260 '258 '256 254 238 250 254 245 247 328 '352 '373 376 329 336 355 329 365 5,854 ' 5, 821 ' 5, 758 5,652 5,559 5 662 5 886 5 660 5 857 5 709 ' 5, 769 ' 5, 778 5,785 5 653 5 678 5 671 5 676 5 684 1,095 1,232 ' 1, 194 ' 1, 136 1,080 1,256 1,266 1;124 1,175 71 '75 75 86 63 86 63 63 78 825 '834 '838 835 817 832 830 826 816 1,185 ' 1, 220 1,228 1,229 1,184 1 224 1,229 1 208 1 165 504 508 507 505 506 490 503 499 499 627 636 '634 630 613 622 626 616 618 546 '545 543 543 544 547 544 551 548 107 108 '109 111 109 113 114 114 112 84 85 85 85 86 85 87 87 87 378 '380 378 372 355 363 369 354 358 315 317 '316 311 312 305 318 310 308 lished figures. Comparable earlier data will appear in the forthcoming BLS Bulletin 1312-$, Employment and Earnings Statistics for the United States,, 1909-65, $4.25, GPO, Washington, D.C. 20402. 9 Includes data for industries not shown separately. 13, 049 13 220 7,481 7,557 98 511 350 480 1,057 490 927 1,185 1,098 1,216 664 335 239 319 5,568 5 663 1,070 66 811 1,207 487 613 540 108 86 353 312 13, 108 13 238 7,570 7,588 97 518 352 492 1,065 497 958 1,190 1,106 1,227 666 339 240 326 5,538 5 650 1,062 64 816 1,182 490 614 545 109 86 354 302 SURVEY OF CURRENT BUSINESS S-14 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 1963 Annual 1964 February 1966 1966 1965 Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. P EMPLOYMENT AND POPULATION—Continued EMPLOYMENT— Continued Miscellaneous employment data: Federal civilian employees (executive branch) : United States _ .__ __ _ thous Wash., D C metropolitan area do Railroad employees (class I railroads):© Total do Index seasonally adjusted 1957-59 — 100 *2, 328 239 2,317 i 2, 452 244 i 247 2,293 245 2,289 245 2,295 246 2,306 246 2,308 246 2,342 255 2,375 258 2,376 256 2,341 251 2,352 ' 2, 371 i 2, 512 251 i 254 '253 714 77 4 683 75 8 669 r 77 o 644 71 3 642 71 7 644 72 4 649 73 0 653 72 7 663 73 1 667 73.7 666 74.2 p&56 74.3 *652 P 74. 5 123 8 117.9 90 7 132 5 124.2 93 0 131 5 131.5 95.1 118 8 128.7 92 8 114 0 129.6 91 3 121 3 131.7 91.7 128 0 130.9 93.5 148 2 133.8 97.5 156 8 136.7 99.1 162.0 135.1 98.3 170.2 136.1 100.5 160.7 140.3 97.2 165.3 ' 151. 2 141.4 r 142. 4 99.4 '97.4 40.5 40.7 2.8 41.1 3.1 41.4 40.9 41.2 3.3 41.8 42.1 3.6 40.9 41.2 3.3 41.8 42.1 3.7 41.2 41.3 3.5 42.1 42.2 3.8 40.7 41.0 3.1 41.7 41.9 3.5 41.2 41.1 3.5 42.1 42.0 3.9 41.3 41.0 3.6 42.2 41.8 4.0 41.0 41.0 3.4 41.6 41.7 3.7 41.1 41.0 3.5 41.7 41.7 3.8 41.0 40.9 3.8 41.7 41.6 4.0 41.3 41.2 3.9 42.1 42.0 4.2 *>645 P 75 2 INDEXES OF WEEKLY PAYROLLS! Construction (construction workers)! 1957-59 — 100 Manufacturing (production workers)! do Mining (production workers)! do 145.7 143.8 99.3 140.6 41.4 41.4 3.9 42.2 42.2 4.3 41.7 41.4 4.0 42.6 42.2 4.4 41.1 41.4 3.6 42.1 42.4 4.1 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_ Ordnance and accessories Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries do do _ do_ do _ do 2.9 3.3 41.5 41.2 3.6 42.4 42.0 4.0 41.1 40.1 40.9 41.4 41.0 40 0 40.5 40.4 41.2 41.7 41.8 41 1 41.2 40.2 42.5 41.6 42.4 41 5 41.3 40.1 40.9 41.0 42.3 41 7 41.1 39.7 41.4 41.1 42.3 41 3 41.4 40.5 41.3 41.2 42.5 41 6 41.0 40.7 40.7 41.3 44.1 45 7 41.6 41.4 40.9 42,4 42.3 41 3 41.8 40.7 41.4 42.3 42.6 41 8 42.2 40.8 41.0 42.3 42.4 42 0 41.9 41 .4 42.0 42.5 41.8 41.0 41.9 41.0 41.7 42.3 41.7 39.9 42.4 41,4 42.2 42.3 40.9 38.2 42.4 •'40.8 42.0 '42.3 40.7 37 8 '42.9 '41.1 '42.5 '42. 2 ' 41. 4 38.5 42.8 40.4 41.2 41.6 41.8 Fabricated metal products Machinery _ Electrical equipment and supplies do do do 41.4 41.8 40.3 41.7 42.4 40.5 42.5 43.3 41.5 41.7 42.9 40.8 41.9 43.1 40.9 42.3 43.4 41.1 41.4 42.4 40.2 42.3 43.3 41.0 42.4 43.4 41.1 41.7 42.8 40.3 42.0 42.5 40.7 41.9 42.8 40.8 42.4 43.3 41.2 '42.4 43.4 41.5 '42.6 '44.2 '42.0 42.1 43.8 41.3 Transportation equipment 9 Motor vehicles and equipment Aircraft and parts __ _ Instruments and related products Miscellaneous mfg. industries do do do__ doi _ do 42.1 42 8 41.5 40.8 39.6 42.1 43 0 41.4 40.8 39.6 44.1 46.3 42.0 41.5 40.2 43.2 45.1 41.8 41.0 39.5 42.8 44.4 41.5 41.1 39.7 43.3 45.1 41.8 41.2 39.9 42.3 43.6 41.1 40.3 39.2 43.2 44.6 41.9 41.5 39.7 43.1 44.5 42.0 41.6 39.7 42.1 42.9 41.9 41.2 39.3 41.4 41.6 41.7 41.4 40.0 41.8 42.3 41.5 41.6 40.0 43.4 44.7 42.3 41.9 40.4 '43.9 45.4 ' 43. 1 42.0 40.4 '44.1 45.3 '43.8 '42.0 '40.6 43.3 Nondurable goods industries, unadj do__ _ Seasonally adjusted _ do Average overtime _ _ _ 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 Petroleum refining do Rubber and misc. plastic products _ do Leather and leather products do Nonmanufacturing establishments:! Mining 9 do Metal mining do _._ 39.6 39.7 2.7 41.0 38.7 40.6 36.1 42.7 38.3 41.5 41.7 41.4 40.8 37.5 2.9 41.0 38.8 41.0 35.9 42.8 38.5 41.6 41.9 41.4 41.3 37.9 40.3 40.1 3.1 41.5 40.6 42.1 36.2 43.2. 39.0 41.8 41.7 41.6 42.1 39.0 39.7 40.1 2.8 40.9 37.5 41.4 35.9 42.7 38.2 41.5 41.3 41.3 41.9 38.3 39.8 40.2 2.9 40.4 37.2 41.7 36.6 42.7 38.4 41.6 40.8 40.7 41.9 38.5 40.0 40.2 3.0 40.5 37.2 41.8 37.0 42.9 38.7 41.8 41.5 41.1 42.0 38.2 39.4 39.9 2.7 40.3 35.6 41.0 35.6 42.2 38.3 42.4 42.4 42.5 40.8 37.0 40.0 40.0 3.1 41.0 37.2 41.6 36.4 43.0 38.5 42.2 42.4 41.9 41.7 38.0 40.2 39.9 3.1 41.2 37.8 41.9 36.6 43.3 38.5 42.0 42.4 41.6 42.1 38.4 40.2 40.0 3.1 41.9 37.6 41.3 36.5 43.1 38.4 41.6 42.8 41.8 41.7 38.6 40.3 40.0 3.2 41.5 37.9 41.9 36.9 43.3 38.7 41.7 42.7 41.7 42.1 38.4 40. 2 40.1 3.5 41.4 39.4 41.6 36.2 43.3 38.8 42.2 43.5 42.8 42.0 37.8 40.2 40.1 3.4 41.4 39.2 42.1 36.3 43.7 38.6 41.8 42.5 41.9 42.3 37.8 40; 3 40.3 3.4 41.3 37.9 '42.3 36.4 43.5 '38.5 42.0 '42.3 '42.0 42.4 '38.2 '40.4 '40.2 '3.4 '41.3 '39.0 '42.3 '36.1 '43.8 '39.2 42.1 '41.7 '41.6 42.8 '39.3 39.7 40.1 3.0 40.8 38.4 41.6 35.3 42.9 38.2 41.8 41.7 41.6 42.3 38.4 41 6 41.2 41 9 41.4 ° 39 0 42.5 37.2 35.8 40.8 36.6 42.0 42.1 40 6 42.3 36.9 35.8 38.9 36.9 41.7 41.4 39 6 42.6 36.3 35.5 39.2 36.0 41.2 41. 2 39 5 41.7 35.7 34.8 37.0 35.8 41.7 41.3 39 3 42.2 36.7 35.8 39.2 36.4 41.7 41.5 39 1 42.0 36.7 35.6 39.6 36.3 42.6 42.0 40 0 42. 6 38.4 36.8 42.0 37.8 42.6 41.7 41 0 41.9 38.0 36.3 41.7 37.4 42.4 41.9 42.5 38.6 36.9 42.8 37.8 43.2 41.6 40 8 42.9 38.9 37.1 43.4 38. 0 42.4 41.9 39 1 42.2 37.1 35.6 40.3 36.5 42.8 41.5 41.4 42.0 38.3 36.6 42.7 '41.8 '41.2 37 4 '42.4 '36.4 '35.1 ' 39. 6 42.8 41.7 41.2 42.8 37.2 36.4 38.9 07 -i do do do 41 6 40 0 41 2 38 6 40 6 37.8 49 n 41 9 40 2 41 2 37 9 40 7 37.0 41 6 42 6 40 4 41 4 38 1 41.1 37.2 41 3 41 6 39 9 41 5 37 5 40.6 36.5 41 4 41 7 40 1 41 3 37.5 40.5 36.5 41 4 42 i 39.8 41 1 37.5 40.7 36.5 41 6 41 6 39.8 41 4 37.6 40.6 36.7 42 6 42 2 40.1 41 5 37.6 40.9 36.5 42 6 42 9 39.9 41.1 37.9 40.9 36.9 42 4 42 9 40.6 41.3 38.4 41.0 37.5 42 7 43 2 40.4 41.2 38.3 41.0 37.4 42 3 43 2 41.3 41.7 37.5 40.8 36 5 42 5 43.1 40.9 41.7 37.4 40.9 36.2 '42 1 42 4 42.0 '41.8 37.1 40.8 '35.9 42.3 42.8 40.6 41.5 37.7 41.2 36.7 do 39 o 38 4 37.9 37.8 38 5 38.0 38 3 38.0 38 5 37.8 39 4 37.7 39 6 37.7 39 2 38.9 39 0 38.9 38 6 37.7 38 6 37.9 38 8 ' 37. 4 38 2 37.4 38 5 Crude petroleum and natural gas do Contract construction.. __ __ do_ _ General building contractors do Heavy construction __ do____ Special trade contractors do Transportation and public utilities: Telephone communication ^^holesale and retail trade § V^holesale trade Retail trade § Services and miscellaneous: Hotels tourist courts and motels do a 3S 8 42.3 37.3 36.0 41.3 36.5 49 1 on n qo 7 00 Q Average weekly gross earnings per production worker on payrolls of nonagric. estab.:! 102. 97 107. 07 105. 52 105. 93 All manufacturing establishments f dollars. _ 99.63 112. 19 117. 02 115. 37 115. 79 Durable goods industries. _ _ d o _ _ _ 108. 09 122. 31 127. 31 127. 62 127. 00 120. 42 Ordnance and accessories do 84.42 83.41 84.16 85.24 Lumber and wood products. __ _ _ do_ __ 81.80 88.83 84.66 86.53 84. 46 Furniture and fixtures . __ do_ _ 81.80 102. 26 105. 50 106. 50 104. 55 105. 22 Stone, clay, and glass products__ do 124. 64 130. 00 133. 14 133. 25 133. 67 Primary metal industries ..do 111.34 115. 60 113. 42 114. 39 108. 05 Fabricated metal products do 121. 69 126. 44 125. 27 125. 85 116. 20 Machinery _ _ do 99.14 101. 66 105. 83 104.04 104. 30 Electrical equipment and supplies _ do_ __ 130. 09 140. 68 137. 38 136. 10 Transportation equipment.. _. __ do __. 126. 72 103. 63 107. 49 106. 19 106. 86 101- 59 Instruments and related products do 84. 82 84.53 84.56 82.37 Miscellaneous mfe. industries _do___ 80.39 r Revised. *> Preliminary. « Average for 11 months. 1 Includes Post Office employees hired for the Christmas season; there were about 140,000 such employees in the United States in Dec. 1965 and 138,000 in Dec. 1964. 0 Effective Jan. 1965, data reflect change in definition of class I railroads (to $5 million or more annual railway operating revenues). The index (back to 1963) has been adjusted for comparability, whereas the number of employees has not. 43.8 41.6 39.8 106. 71 105. 82 107. 53 107. 79 107. 01 106. 45 107. 83 108. 62 109. 71 110. 92 109. 74 117. 04 115. 93 117. 46 117. 74 116. 06 115. 51 117. 18 118,72 119. 43 120. 98 119. 56 128. 34 126. 28 128. 96 129. 58 131. 66 131. 15 131. 15 133. 56 133. 56 '136.85 136. 10 ' 89. 76 ' 89. 19 86.46 91.49 90.61 91.08 89.42 88.73 88.94 85.86 86.69 89.24 90.73 90.30 ' 91. 80 88.17 86.94 89.04 86.51 86.32 85.06 85.89 '112.67 111. 07 '112.94 112. 94 105. 88 106. 97 110. 66 110. 40 110. 83 111. 78 112. 10 134. 73 141. 12 134. 09 135. 89 135. 68 132. 51 133. 44 130. 06 129. 83 '132.48 134. 60 115. 48 113. 02 116. 75 117. 02 114. 68 115. 08 116. 48 118. 30 '118.72 '119.28 118. 30 127. 16 123. 38 127. 74 128. 03 125. 83 124.95 127. 12 129. 47 130. 20 '133.48 132. 28 105. 22 102. 91 105. 37 106. 04 103. 97 104. 60 106. 08 107. 12 108. 32 '110.04 107. 79 138. 13 134. 09 137. 81 137. 49 133. 46 130. 82 135. 01 141. 48 '144.87 '145.97 142. 46 107. 12 104. 38 107. 90 108. 99 107. 53 108. 05 108. 58 109. 78 110. 88 '111.30 109. 82 86.46 ' 87. 70 86.76 86.46 83.71 84.80 85.20 84.96 84.99 84.56 83.10 ! See corresponding note, bottom p. S-13. 9 Includes data for industries not shown separately. • § Prior to Jan. 1964, data exclude eating and drinking places; 1964 annual averages and monthly data comparable with 1963 and earlier periods for total and retail trade are 1 available. c? Beginning Jan. 1964, data relate to nonsupervisory workers and are not comparable witn data for production-worker levels for earlier periods. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1966 1965 1964 Dec. S-15 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan.? EMPLOYMENT AND POPULATION—Continued HOURS AND EARNINGS— Continued Average weekly gross earnings per production worker on payrolls of nonagric. estab.f— Con. All manufacturing establishments f— Continued Nondurable goods industries .. _ dollars _ _ 87.91 90. 91 93.50 92.50 92.73 Food and kindred products do 94.30 98.98 97.17 98.17 99.60 Tobacco manufactures do 73.92 82.01 76.50 76.05 77.38 Textile mill products do 69.43 73.39 77.04 75.76 76.73 Apparel and related products do 62.45 64.26 66.61 65.16 64.98 Paper and allied products do 105.90 109. 57 112. 32 111. 45 111.45 Printing, publishing, and allied ind do 114. 35 117. 39 114. 60 115. 97 110. 69 Chemicals and allied products do 112. 88 116.48 119. 13 118. 28 118. 56 Petroleum refining and related ind do 133. 66 135. 11 133. 81 131.78 131.77 Rubber and misc. plastic products do... 100. 78 104. 90 109. 04 108. 52 108. 52 Leather and leather products do 66.00 71.24 71.61 68.98 72.15 Nonmanufacturing establishments: t Mining 9 _ do 114. 40 117. 74 120. 12 120. 51 119. 07 Metal mining _ do 122. 54 126. 72 123. 79 123. 60 118. 66 Coalmining _ __ do 119. 89 126. 82 135. 20 135. 83 135. 88 Crude petroleum and natural gas do 112. 52 113. 05 113. 36 115. 45 113. 01 Contract construction do 127. 19 132. 06 133. 95 131. 41 131. 38 General building contractors.-.. . do 117. 36 122. 79 124. 94 123. 19 122. 84 Heavy construction. __ _ _ do 128. 44 131. 78 127. 20 126. 22 123. 21 Special trade contractors _ _ . do 133.23 138. 35 142. 07 138. 96 139. 26 Transportation and public utilities: Local and suburban transportation. _ do 101. 88 104. 16 104. 42 104. 49 104. 33 Motor freighttransportationandstorage.do 117. 31 124. 02 128. 65 124. 38 126. 77 Telephone communication do 102. 40 105. 32 108. 68 106. 53 107. 07 Electric, gas, and sanitary services _ do 121. 54 125. 25 }29. 17 129. 48 130. 10 Wholesale and retail trade§ do 77.59 74.28 74.68 75.00 75.00 Wholesale trade___ _ do 99.47 102. 56 104. 81 103. 94 104. 49 Retail trade§ , . do 68.04 65.84 65.34 64.75 65.34 Finance, insurance, and real estate: Banking _ do 74.97 78.54 76.67 77.58 79.08 Insurance carriers© do 96.21 92.01 93. 62 93.87 94.37 Services and miscellaneous: Hotels, tourist courts, and motels. __ do 47.58 49.54 51, 17 50.27 50.54 Laundries, cleaning and dyeing plants A- do. _ . _ 51. 87 55.73 57.57 56.60 56.30 Average hourly gross earnings per production worker on payrolls of nonagric. estab.rf All manufacturing establishments t dollars.. 2.46 2.53 2.58 2.58 2.59 Excluding overtimed1 do 2.37 2.44 2.47 2.48 2.48 Durable goods industries.1 _. _ do 2.63 2.71 2.76 2.76 2.77 Excluding overtimed ____ do 2.54 2.64 2.60 2.65 2.65 Ordnance and accessories do 2.93 3.02 3.09 3.09 3.09 Lumber and wood products. do 2.04 2.11 2.10 2.08 2.12 Furniture and fixtures do 2.00 2.07 2.05 2.09 2.09 Stone, clay, and glass products... _do 2.47 2.53 2.56 2.55 2.56 Primary metal industries _ _do 3.04 3.11 3.14 3.15 3.16 Blastfurnaces, steel and rolling mills do 3.36 3.44 3.41 3.43 3.44 Fabricated metal products do 2.61 2.72 2.72 2.67 2.73 Machinery... do 2.78 2.92 2.92 2.87 2.92 Electrical equipment and supplies do 2.46 2.55 2.51 2.55 2.55 Transportation equipment $ do 3,01 3.09 3.19 3.18 3.18 Motor vehicles and equipment do 3.10 3.21 3.32 3.31 3.30 Aircraft and parts. _. _ do 2.95 3.02 3.07 3.08 3.09 Instruments and related products _ do 2.49 2.54 2.59 2.59 2.60 Miscellaneous mfg. industries do 2.03 2.11 \2.14 2.08 2.13 Nondurable goods industries do 2.22 2.29 2.32 2.33 2.33 1 Excluding overtimed do 2.15 2.21 2.24 2.25 2.25 Food and kindred products do 2.30 2.42 2.43 2.37 2.40 Tobacco manufactures _ _ _ do 2.02 2.04 1.91 1.96 2.08 Textile mill products do 1.71 1.83 1.83 1.79 1.84 Apparel and related products .. do 1.73 1.79 1.82 1.80 1.81 Paper and allied products do 2.48 2.56 2.60 2.61 2.61 Printing, publishing, and allied ind do 2.89 2.97 3.01 3.00 3.02 Chemicals and allied products _. do 2.72 2.80 2.85 2.85 2.85 Petroleum refining and related ind do 3.16 3.24 3.24 3.19 3.23 Petroleum refining _ _ _ _ _ do 3.32 3.37 3.41 3.40 3.39 Rubber and misc. plastic products. -...do 2.47 2.54 2.59 2.59 2.59 Leather and leather products do 1.76 1.82 1.86 1.85 1.86 Nonmanufacturing establishments :; t Mining 9 _ _ do 2.75 2.86 2.89 2.81 2.89 Metal mining do 2.88 2.96 3.01 2.99 3.00 Coalmining _ _ do « 3. 12 "3.26 3.33 3.43 3.44 Crude petroleum and natural gas do 2.66 2.66 2.71 2.68 2.71 Contract construction. do 3.41 3.62 3.63 3.55 3.68 General building contractors do 3.26 3.43 3.47 3.49 3.53 Heavy construction do 3.11 3.22 3.23 3.27 3.33 Special trade contractors do 3.65 3.78 3.85 3.86 3.89 Transportation and public utilities: Local and suburban transportation do 2.42 2.53 2.48 2.51 2.52 2.82 Motor freighttransportationandstorage.do 3.02 2.96 2.99 3.04 Telephone communication do 2.56 2.62 2.69 2.67 2.67 Electric, gas, and sanitary services do_ _ . . 3.12 3.12 2.95 3.04 3.15 Wholesale and retail trade§ do 2.01 1.96 2.00 1.96 2.00 Wholesale trade do 2.45 2.52 2.56 2.55 2.58 Retail trade§ do 1.80 1.77 1.79 1.75 1.79 Services and miscellaneous: Hotels, tourist courts, and motels do 1.22 1.33 1.29 1.35 1.33 Laundries, cleaning and dyeing plants A. do 1. 33 1.44 1.47 1.48 1.47 r Revised. * Preliminary. « Average for 11 months, fSee correspoiiding nc)te, bottom p. S-13. 9 Includes data for industries not sshown sep arately. §Prior to Jan. 1. 64, data exclude eating and drinking places; 1964 annual averages a nd montl:ily data compara ble with 1963 and earlier periods for total and retail tracle are avaliable. 93.20 98. 42 79.24 76.91 67.34 111.97 117. 26 118. 71 134. 05 108. 36 71.43 92.20 98.74 77.96 75.03 63.72 109. 72 115. 67 120. 84 139. 07 104. 45 69.56 94.00 100.45 81.10 76.54 65.52 112. 66 117. 04 120. 69 137,80 107. 59 71.44 94.47 100. 53 83.16 77.52 66.61 114. 31 117. 43 120. 96 137. 38 109. 46 72.19 94.87 100. 98 82.72 77.64 66.43 114. 65 117. 12 120. 22 139. 10 109. 25 71.80 95.11 99.19 78.07 79.19 67.53 115. 18 118. 81 121. 35 138. 35 109. 88 72.19 95.68 100. 19 78.41 78.62 67.33 116. 48 120. 28 123. 65 142. 68 110. 46 71.82 95.68 100. 19 77.62 79.99 67.52 117. 12 119. 66 122. 06 141. 10 112. 10 71. 82 96.32 '96.96 100. 77 '101.60 80.35 ' 83. 46 r 80. 79 ' 80. 79 67. 70 ' 67. 15 116. 58 '117.82 '118.97 '122.30 123. 06 '123.35 '142.97 '140.11 111.94 113. 85 ' 72. 58 ' 75. 06 120. 10 123. 90 134. 41 114. 36 133. 96 126. 02 127. 01 141. 23 120. 51 125. 33 134. 11 114. 66 132. 49 124. 24 126. 72 139. 76 123. 97 127.68 138. 40 117. 15 140. 16 129. 54 139. 86 147. 04 123. 97 126. 77 142. 27 113. 97 139. 08 127. 78 140. 53 145. 86 122. 96 128. 21 134. 46 116. 03 140. 50 129. 15 143. 38 147. 04 126. 14 127. 71 141. 98 117. 12 143. 15 131. 33 148. 43 148. 96 124. 66 131. 57 135. 29 116.47 138. 75 128. 52 138. 63 145. 27 126. 26 130. 31 143. 24 115. 92 144. 01 132. 49 149. 45 150. 00 '123.73 '128. 96 129.78 '117.87 '136.14 '126.71 '135.83 '142.52 127. 12 130. 94 143. 38 119. 41 139.87 132. 13 131. 09 148. 40 104. 74 128. 41 106. 27 128. 64 75.38 105. 01 65.34 106. 50 126. 46 106. 66 130. 00 75.58 105. 15 66.06 109. 06 129. 55 107. 87 131. 14 76.33 106. 75 66. 43 109. 06 131. 27 107. 33 129. 47 76.56 105. 93 67.16 108. 97 131. 27 108. 40 130. 51 77.95 106. 60 68.25 110. 17 132. 62 108. 27 130. 60 77.75 106. 60 68.07 109. 56 133. 92 112. 75 133. 86 77.25 106. 90 67.53 110. 08 133. 18 111. 66 134. 69 77.42 107.57 67.33 '109.04 131.44 '115.50 '135.43 76.80 '108.12 '67. 13 109. 56 133. 11 112. 87 134. 05 77.29 109. 18 67.90 78.70 93.74 79.24 94.49 78.86 94.86 78.44 94.74 79. 24 95.74 79.24 95.86 79.18 95.86 80.35 95.86 80.35 ' 96. 49 80.35 96.49 50.54 56.98 49.90 59.10 51.65 60.19 50.90 59.58 52.13 59.28 51.74 58.67 51.65 59.06 52.30 60.14 ' 51. 99 58.83 52.36 59.68 2.59 2.49 2.78 2.66 3.10 2.12 2.09 2.57 3.17 3.45 2.73 2.93 2.56 3.19 3.33 3.10 2.60 2.13 2.33 2.25 2.43 2.13 1.84 1.82 2.61 3.03 2.84 3.23 3.41 2.58 1.87 2.60 2.50 2.78 2.67 3.08 2.13 2.09 2.59 3.20 3.48 2.73 2.91 2.56 3.17 3.31 3.09 2.59 2.12 2.34 2.26 2.45 2.19 1.83 1.79 2.60 3.02 2.85 3.28 3.46 2.56 1.88 2.61 2.50 2.79 2.66 3.10 2.16 2.10 2.61 3.17 3.43 2.76 2.95 2.57 3.19 3.32 3.12 2.60 2.13 2.35 2. 26 2.45 2.18 1.84 1.80 2.62 3.04 2.86 3.25 3.43 2.58 1.88 2.61 2.50 2.79 2.67 3.10 2.18 2.10 2.61 3.19 3.46 2.76 2.95 2.58 3.19 3.32 3.12 2.62 2.14 2.35 2.26 2.44 2.20 1.85 1.82 2.64 3.05 2.88 3.24 3.45 2.60 1.88 2.61 2.50 2.79 2.67 3.12 2.18 2.11 2.62 3.20 3.47 2.75 2.94 2.58 3.17 3.29 3.11 2.61 2.13 2.36 2.27 2.41 2.20 1.88 1.82 2.66 3.05 2.89 3.25 3.45 2.62 1.86 2. 50 2.49 2.77 2.65 3.13 2.20 2.12 2.63 3.17 3.43 2.74 2.94 2.57 3.16 3.28 3.13 2.61 2.12 2.36 2.26 2.39 2.06 1.89 1.83 2.66 3.07 2.91 3.24 3.43 2.61 1.88 2.63 2.51 2.81 2.68 3.13 2.21 2.14 2.65 3.20 3.49 2.78 2.97 2.60 3.23 3.36 3.15 2.61 2.13 2.38 2.28 2.42 1.99 1.89 1.86 2.69 3.10 2.93 3.28 3.48 2.63 1.90 2.63 2.52 2.82 2.68 3.15 2.21 2.15 2.67 3.18 3.47 2.79 2.99 2.60 3.26 3.39 3.18 2.62 2.14 2.38 2.28 2.42 1.98 1.90 1.86 2.68 3.10 2.92 3.32 3.52 2.65 1.90 2.65 2.53 2.83 2.69 3.15 '2.20 2.15 2.67 3.19 3.47 2.80 3.00 2.61 '3.30 3.44 '3.21 2.64 '2.14 2.39 2.29 2.44 2.12 '1.91 1.86 2.68 3.09 2.93 ' 3 38 ' 3'. 59 2.64 1.90 2.66 2.54 2.84 2.70 3.19 2.17 2.16 2.67 3.20 3.49 '2.80 3.02 2.62 3.31 3.43 '3.23 2.65 2.16 2.40 2.30 '2.46 '2.14 1.91 1.86 ' 2. 69 3.12 '2.93 '3.36 '3.56 2.66 1.91 2.88 3.00 3.42 2.71 3.65 3.52 3.24 3.88 2.89 3.02 3.43 2.73 3.61 3.49 3.20 3.85 2.91 3.04 3.46 2.75 3.65 3.52 3.33 3.89 2.91 3.04 3.47 2.72 3.66 3.52 3.37 3.90 2.90 3.06 2.73 3.64 3.50 3.35 3.89 2.92 3.07 3.48 2.73 3.68 3.54 3.42 3.92 2.94 3.14 3.46 2.76 3.74 3.61 3.44 3.98 2.95 3.14 3.46 2.76 3.76 3.62 3.50 4.00 '2.96 '3.13 3.47 2.78 '3.74 3.61 '3.43 '3.97 2.97 3.14 3.48 2.79 3.76 3.63 3.37 4.00 2.53 3.05 2.67 3.13 2.01 2.58 1.79 2.56 3.04 2.68 3.14 2.01 2.59 1.80 2.56 3.07 2.69 3.16 2.03 2.61 1.82 2.56 3.06 2.69 3.15 2.02 2 59 1.82 2.57 3.06 2.67 3.16 2.03 2.60 1.82 2.58 3.07 2.68 3.17 2.03 2.60 1.82 2.59 3.10 2.73 3.21 2.06 2.62 1.85 2.59 3.09 2.73 3.23 2.07 2.63 1.86 '2.59 3.10 '2.75 '3.24 2.07 '2.65 '1.87 2.59 3. 11 2.78 3.23 2.05 2,65 1.85 95.28 101. 18 82.18 79.46 65.31 115. 83 117. 66 122. 47 139. 70 112. 52 72.96 2.67 2.55 2.84 2.71 3.18 2.14 2.14 2.67 3.22 2.81 3.02 2.61 3.29 3.25 2.64 2.18 2.40 2.31 2.48 2.14 1.91 1.85 2.70 3.08 2.93 3.35 3.55 2.66 1.90 1.40 1.39 1.32 1.33 1.37 1.37 1.33 1.38 1.34 1.35 1.55 1.54 1.52 1.50 1.52 1.52 1.55 1.48 1.52 1.53 0E Elective J an. 1964, data exclude eanlings of rlonofnce salesmen and are not com parable with e arlier fig ares. d"D Brived b y assumi ng that overtime hours a re paid at the ra te of tinle and o ne-half. AEfl 'ective Jjin. 1964,data rehite to nonsupervi sory wor kers and are not Bomparalble with data f(>r produc tion-wor ker level 3 for earh er perio< Is. SURVEY OF CURRENT BUSINESS S-16 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1964 Dec. February 1966 1965 Feb. Jan. Mar. Apr. May June 1966 July Aug. Sept. Oct. Nov. Dec. 3.486 5 056 1 09 3.486 5 041 3 495 5 055 Jan. EMPLOYMENT AND POPULATION—Continued HOURS AND EARNINGS— Continued Miscellaneous wages: Construction wages, 20 cities (ENR) : Common labor _$perhr_ Skilled labor do Farm without board or rm., 1st of mo do Railroad wages (average, class I) - - - do_ _ LABOR CONDITIONS Help-wanted advertising, seas. adj.__ 1957-59 =100__ Labor turnover in manufacturing estab.: f Accession rate total mo. rate per 100 employees Seasonally adjusted do New hires - -_do_ Separation rate, total _ do Seasonally adjusted do Quit - do Layoff -- - --do Seasonally adjusted do Industrial disputes (strikes and lockouts): Beginning in period: Work stoppages number. _ Workers involved thous__ In effect during month: Work stoppages number_ Workers involved th ous_ _ Man-days idle during period do_ EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE Nonfarm placements thous Unemployment insurance programs: Insured unemployment, all programs© do State programs: Initial claims do Insured unemployment, weekly avg do Percent of covered employment :cT Unadjusted Seasonally adjusted Beneficiaries weekly average thous Benefits paid mil. $ Federal employees, insured unemployment, weekly average thous Veterans' program (UCX): Initial claims - do_ Insured unemployment weekly avg do Beneficiaries weekly average do Benefits paid mil. $ Railroad program: Applications thous Insured unemployment weekly avg do Benefits paid mil. $ 3.082 4.526 1.05 2.823 3.242 4.733 1.08 2.850 3.307 4.823 2.901 3.307 4.829 1.19 2.995 3.339 4.851 3.339 4.852 3.035 2.970 3.342 4 856 1.18 2.989 3.355 4.886 3.414 4 969 3.014 2.994 3.453 4 992 1 17 3.000 3 482 5 002 3.486 5 029 2.994 109 123 137 137 145 148 143 145 146 145 152 160 168 181 P186 3.9 4.0 2.4 3.9 2.6 3.9 1.4 1.8 1.5 1.7 2.5 4.0 1.6 3.7 3.8 1.0 2.1 1.6 3.8 4.0 2.4 3.7 3.7 1.3 1.6 1.4 3.5 4.0 2.4 3.1 3.7 1.3 1.2 1.4 4.0 4.3 2.8 3.4 3.8 1.5 1.2 1.4 3.8 3.9 2.6 3.7 4.0 1.7 1.3 1.5 4.1 4.1 3.0 3.6 3.9 1.7 1.1 1.4 5.6 4.5 4.3 3.6 4.0 1.7 1.1 1.4 4.5 4.1 3.2 4.3 4.0 1.8 1.8 1.6 54 4 2 3.9 5.1 4 7 2.6 1.6 17 55 4.5 4.0 5.7 4.4 3.5 1.3 13 4.5 4.5 3.5 4.4 4.1 2.2 1.4 1.3 3.9 5.0 2.9 '3.9 '3.9 1.7 r 1.5 '1.3 p 2.9 p4. 6 p 2. 1 p4.0 p4. 1 pl.4 pl.8 pl.3 3, 362 941 3,655 1,640 146 42 260 107 200 53 350 191 340 128 420 111 450 262 380 138 ^380 92 280 131 320 96 270 130 pl29 p25 16, 100 22, 900 346 149 1,060 390 188 1,790 340 153 1,450 500 234 1,760 500 175 1,630 580 174 1,770 670 332 2,520 620 303 3,630 630 222 2,290 515 224 1,950 560 200 1,840 510 185 1,390 P335 p76 p912 6,581 6, 281 433 418 421 491 555 573 610 554 603 644 611 531 462 1,939 1,725 1,792 2,132 2,065 1, 837 1,570 1,259 1,131 1,210 1,178 1,030 982 1,104 1,386 15, 420 1,806 13, 938 1,605 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 1,078 1,132 976 1,102 760 959 791 916 1,004 1,033 1,285 1,307 4.5 0 Q 2.5 3.1 901 148.0 2.2 2.9 834 138.6 2.0 2.7 745 117.8 2.3 2.7 794 132.2 3.0 2.7 990 172.1 4.3 3.8 1,541 2,775 1, 373 2,522 3.9 36 1,283 211.4 4.6 3.4 1,667 252.1 1,689 245.7 4.0 3.2 1,631 273.4 3.4 3.2 1,373 224.9 2.7 3.0 1,060 165.7 2.4 3.0 941 156.3 2.6 3.0 932 149.5 31 30 30 34 34 31 27 22 20 22 21 19 20 21 23 25 33 31 5.2 19 28 27 4.6 16 24 23 3.7 18 25 21 3.7 20 29 24 4.3 342 55 52 91.8 335 51 48 90.2 32 48 41 6.9 30 55 52 8.0 25 53 52 7.6 26 49 48 8.0 21 41 41 6.8 17 33 34 5.3 22 30 30 5.2 26 33 27 4.5 161 47 99.4 155 38 78.4 12 40 7.3 16 47 7.8 6 45 7.4 6 39 8.0 5 33 6.2 5 26 4.3 19 21 3.8 30 24 3.5 10 22 3.8 11 24 3.7 7 22 3.6 9 25 3.8 27 3,299 10, 358 2 117 8,241 3,314 9,692 2 194 7,498 3,310 10, 554 2,250 8,304 3,245 10, 406 2,205 8,201 3.392 9,017 1,903 7,114 3 496 5 064 1 24 FINANCE BANKING Open market paper outstanding, end of period: Bankers' acceptances mil $ Commercial and. finance co paper total do Placed through dealers do Placed directly (finance paper) do Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.: Total end of period mil $ Farm mortgage loans: Federal land banks do Loans to cooperatives do Other loans and discounts do 6 747 1 928 4 819 2 890 3 385 8 361 2 223 6 138 3 385 8 361 2 223 6 138 3,276 8 928 2 143 6,785 3,232 9,033 2 239 6,794 3,325 9,077 2 070 7, 007 3,384 9,533 2 047 7,486 3,467 9,934 1 976 7,958 3,355 3,337 9, 370 10, 439 1 965 2 046 8,393 7,405 6,403 7,104 7 104 7,223 7,356 7,472 7,607 7,729 7,873 7, 988 8,040 8,013 8,007 8,022 8,080 3, 310 840 2,253 3, 718 958 2,428 3,718 958 2,428 3,765 1 020 2,438 3,818 1 037 2,501 3,889 1,007 2,576 3,950 978 2,679 4,011 940 2,778 4,058 931 2,884 4,097 935 2,956 4,135 944 2,962 4,171 940 2, 902 4,204 1,009 2,794 4, 245 1,082 2,696 4,281 1,055 2,745 Bank debits to demand deposit accounts, except interbank and U.S. Government accounts, annual rates, seasonally adjusted: Total (225 SMSA's)O bil. $ New York SMSA _ _ do Total 224 SMSA's (except N.Y.) do 6 other leading SMS A 'si do 218 other SMSA's do Federal Reserve banks, condition, end of period: Assets, total 9 mil. $ 4, 816. 5 2, 013. 0 2,803 5 1, 065. 4 1, 738. 1 4, 870. 9 2, 067. 6 2 803 3 1, 065. 5 1, 737. 8 4, 842. 5 1, 997. 4 2, 845. 1 1, 077. 2 1, 767. 9 4, 995. 6 2, 071. 8 2, 923. 8 1, 115. 4 1, 808. 4 5, 113. 3 2, 151. 3 2, 962. 0 1, 131. 7 1, 830. 3 4, 825. 6 1, 954. 1 2, 871. 5 1, 082. 7 1, 788. 8 5, 327. 8 2, 308. 4 3, 019. 4 1, 146. 8 1, 872. 6 5, 302. 6 2, 281. 6 3, 021. 0 1, 149. 5 1, 871. 5 5, 146. 8 2,128.0 3, 018. 8 1, 141. 0 1, 877. 8 5, 126. 9 2, 104. 3 3, 022. 6 1, 142. 9 1,879.7 5, 129, 9 2, 061. 0 3, 068. 9 1, 165. 4 1, 903. 5 5, 408. 3 2, 229. 4 3, 178. 9 1,215.0 1, 963. 9 5, 523. 1 2, 273. 5 3, 249. 6 1, 234. 5 2, 015. 1 62, 867 62, 867 60, 729 60, 769 60, 573 61, 688 61, 475 62, 632 61, 914 61, 429 63, 384 63, 504 64, 050 65, 371 64,246 41, 169 545 38, 686 14, 023 41, 159 657 39, 100 13, 670 41, 166 536 39, 207 13, 591 40, 619 237 39, 049 13, 596 41, 704 174 39, 774 13, 587 41, 905 510 39, 657 13, 582 42, 789 365 40, 575 13, 512 43, 340 137 40, 768 13, 436 43,085 239 40, 565 13, 436 36, 418 63 33, 593 15, 237 39, 930 186 37,044 15, 075 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 40, 071 568 37, 754 14, 144 do 58, 028 62, 867 62, 867 60, 729 60, 769 60, 573 61, 688 61, 475 62, 632 61, 914 61, 429 63, 384 63, 504 64, 050 65,371 64,246 Deposits, total do Member-bank reserve balances do Federal Reserve notes in circulation. _ _ _ _ _ d o 18, 391 17, 049 32, 877 19, 456 18, 086 35, 343 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 18, 645 17, 191 36, 021 19, 591 18, 149 36, 319 19, 612 18, 204 36, 628 19, 163 18, 050 37, 408 19, 620 18, 447 37, 950 20, 098 18, 751 37, 337 46.3 42.7 42.7 43.0 42.4 41.3 40.8 40.1 38.6 38.0 37.7 37.4 37.1 36.1 35.4 36.0 Reserve bank credit outstanding, total 9 --do Discounts and advances .do U.S. Government securities do Gold certificate reserves _ _ _ _ _ _ do Liabilities, total 9 Ratio of gold certificate reserves to FR note liabilities percent-. r 58, 028 4, 621. 4 1, 925. 3 2 696 1 1 030.8 1, 665. 3 p Revised. Preliminary. t See corresponding note, bottom of p. S-13. © Excludes persons under extended duration provisions. cf Insured unemployment as % of average covered employment in a 12-month period. 0 Total SMSA's include some cities and counties not designated as SMSA's. 1 Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los Angeles-Long Beach. 9 Includes data not shown separately. S-17 SURVEY OF CURRENT BUSINESS February 1966 1964 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS End of year Dec. 1966 1965 1964 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. 21, 959 21, 618 341 490 -149 21, 958 21, 588 370 452 -82 FINANCE—Continued BANKING- Continued All member banks of Federal Keserve System, averages of daily figures: Reserves held, total mil $ Required do Excess _ do Borrowings from Federal Reserve banks _ _ _ d o Free reserves .. __ __ _ _ d o Weekly reporting member banks of Fed. Res. System, condition, Wed. nearest end of yr. or mo.: Deposits: Demand, adjustedcT -mil. $ Demand, total 9 do Individuals, partnerships, and corp do State and local Governments do U.S. Government, _ _ _ _ _ _ _ _ _ do Domestic commercial banks _ do Time, total 9 do Individuals, partnerships, and corp.: Savings.. _ _ _ do Other time do Loans (adjusted) , totalcf do Commercial and industrial do For purchasing or carrying securities. do To nonbank financial institutions do__ Real estate loans do Other loans do Investments, total do U.S. Government securities, total- _ do Notes and bonds _ do Other securities __.._ do Commercial bank credit (last Wed. of mo., except for June 30 and Dec. 31 call dates) , seas, adjusted: Total loans and investments© bil $ LoansO_ _• — do U.S. Government securities. __ do Other securities do Money and interest rates: § Bank rates on short-term business loans: In 19 cities percent New York City do 7 other northern and eastern cities do 11 southern and western cities do 1 20, 746 i 20, 210 *536 1327 *209 1 21, 1 609 21, 609 21, 198 21, 198 !411 411 243 1243 168 '168 21, 619 21, 217 402 299 103 21, 227 20, 790 437 405 32 21, 248 20, 908 340 416 -76 21, 505 21, 146 359 471 -112 21, 476 21, 149 327 505 -178 21, 709 21, 366 343 528 -185 21, 865 21, 516 349 524 -175 21, 620 21, 192 428 564 -136 21, 729 21, 356 373 528 -155 22, 715 22, 272 443 454 -11 22,756 22, 392 364 402 -38 67, 844 104, 335 74, 513 5,338 4,556 13, 320 59, 227 68, 045 68, 045 102, 574 102, 574 73, 654 73, 654 5,239 5,239 4,563 4,563 12, 539 12, 539 66, 881 66, 881 64, 992 96, 059 68, 515 5,396 3,643 11, 948 69, 234 63, 507 96, 238 68, 127 5, 423 4,036 12, 327 70, 341 63, 377 99, 178 67, 642 5,570 5,988 12, 662 71, 140 64, 744 96, 133 68, 572 5,270 5,266 10, 965 72, 081 62, 611 63, 810 97, 845 103, 551 67, 525 69, 652 5,545 5,410 6,384 8,664 12, 046 12, 401 72, 996 73, 818 64, 179 94, 579 68, 102 4,900 5,022 10, 862 74, 760 63, 505 96, 101 68, 189 5,105 3, 914 12, 566 75, 896 64, 133 65, 014 66, 175 69, 688 97, 048 100, 028 101, 204 103, 472 68, 280 71,348 72, 127 75, 234 4,940 5,572 5,429 5,355 5,591 2,442 3, 789 3,866 12, 075 13, 692 12, 977 12,429 76, 276 77, 170 77, 662 78,260 68, 220 99,647 72,415 5,532 3,153 11, 982 78, 868 38, 083 13,310 92, 901 38, 793 6,621 8,595 17, 880 23, 809 48, 404 29, 018 23, 127 19, 386 40, 698 40, 698 41, 334 41, 744 42, 323 42, 149 42, 538 43, 129 43, 429 43, 827 44, 319 44,805 16, 407 16, 407 17, 961 18, 359 18, 456 19, 051 19, 679 20, 130 20, 542 20, 990 21, 003 21,342 102, 227 102, 227 101,060 102,301 104, 817 105, 229 107, 454 110, 925 108, 551 111, 071 111, 755 112,729 42, 119 42,119 42, 239 43, 343 44, 620 44, 597 45, 270 46, 847 46, 282 46, 987 48, 117 48, 778 6,224 5,453 5,587 6,368 6,151 6,449 6,573 6,677 6,803 7,418 5,712 6,677 8,897 8,703 9,289 9,830 9,484 10, 289 10, 154 10, 058 9,032 9,032 8,331 8,404 20, 008 20, 008 20, 074 20/188 20, 326 20, 555 20, 848 21, 151 21, 368 21, 739 22, 012 22, 231 29, 156 29, 156 28, 517 28, 860 28, 906 29, 975 30, 475 29, 324 30,226 30, 113 30, 553 30, 587 48, 783 48, 783 48, 145 47, 931 47, 150 47, 440 46, 707 47, 514 47, 244 47, 086 47, 023 47, 769 27, 679 27, 679 26, 516 25, 963 24,.965 24, 512 24, 026 24, 254 23, 667 22, 992 22, 830 23,991 21, 979 21, 979 21, 506 21, 354 21, 159 20, 843 20, 823 20, 619 20, 677 20, 322 20, 202 19,948 21, 104 21, 104 21, 629 21, 968 22, 185 22, 928 22, 681 23, 260 23, 577 24, 094 24, 193 23, 778 269.6 170.2 59.9 39.5 286.2 186.2 56.5 43.5 288.9 188.0 57.0 43.9 45, 094 45, 362 45, 015 21, 511 21, 258 22 259 114,741 117, 165 116, 025 49, 167 50, 564 50, 451 6,482 6,420 6,429 10,319 10, 929 10,351 22, 425 22, 570 22, 638 31, 245 32, 093 31, 453 47, 790 48, 299 47, 557 24,119 24, 252 23, 942 19, 550 19, 502 18 957 23, 671 24,047 23 615 291.5 189. 8 57.6 44.1 294.0 191.8 57.6 44.6 246.5 149.4 62.1 35.0 267. 2 167.1 61.4 38.7 25.01 2 4 79 2 5.01 25.30 2 4 2 5 2 24.99 75 02 5.30 5 4 5 5 3.50 24.26 25.49 4.00 24.70 2 5. 45 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 4.00 4.99 5.43 4.00 4.98 5.43 4.00 4.98 5.43 4.00 5.02 5.43 4.00 5.01 5.43 4.00 5.02 5.43 4.50 5.02 5.43 2 5. 84 25.98 2 2 5. 78 5. 93 5.76 5.92 5.79 5.95 5.79 5.93 5.72 5.91 5.74 5.89 5.77 5.88 5.76 5.86 5.77 5.86 5.76 5.86 5.75 5.89 5.75 5.87 5.80 5.91 5.78 5.91 3 3 3 3. 77 3 3. 97 3 3. 83 3 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 4.25 4.22 4.14 4.25 4.25 4.25 4.55 4.25 4.75 4.25 4.75 4.25 4.75 4.25 4.75 4.25 4.75 4.32 4.75 4.38 4.75 4.60 4.97 4.75 4.82 4.82 5.07 267.2 167.1 61.4 38 7 272.1 171.9 60.2 40.0 275.5 175.8 59.6 40.1 277.3 177.1 59.1 41.1 279 4 179.5 58.6 41 3 4.97 4 74 5.00 5.27 00 77 03 31 282 8 183.0 57.7 42 1 281.5 182.7 56.4 42.4 286.1 185.8 57.0 43.3 5.27 5.08 5.32 5.46 5.00 4.76 5.03 5.31 4.99 4 74 5.01 5.31 297 0 195 0 57 4 44 6 Discount rate (N.Y.F.R. Bank), end of year or month 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) per cent __ 3-5 year issues do 4. 50 4.00 4.17 3.98 4.50 3 3. 157 33.72 3 3. 549 3 4. 06 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 3.836 4.19 3.912 4.24 4.032 4.33 4.082 4.46 4.362 4.77 4.596 4 89 Savings deposits, balance to credit of depositors: N.Y. State savings banks, end of period mil. $__ U.S. postal savings t-- do 25, 693 452 28, 260 390 28, 260 390 28, 482 380 28, 618 371 28, 955 363 28, 883 356 28, 995 350 29, 272 342 29, 380 338 29, 498 332 29. 785 327 29,845 321 30, 001 317 30, 312 314 30,442 69, 890 53, 745 22, 199 13, 766 3,389 14, 391 76, 810 59 397 24, 521 15, 303 3, 502 16 071 76, 810 59 397 24, 521 15, 303 3,502 16 071 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 80, 686 63, 609 27, 171 15, 573 3,553 17,312 81, 454 64, 393 27, 493 15, 738 3,597 17, 565 81, 924 64, 846 27, 555 15, 954 3,613 17, 724 82, 569 65,368 27,766 16, 214 3,625 17,763 83,390 66, 012 27, 976 16,515 3,638 17,883 85, 983 67, 406 28, 201 17, 414 3,625 18, 166 3. 36 3. 55 33.40 3 4. 50 4.50 CONSUMER CREDIT (Short- and Intermediate-term) Total outstanding, end of year or month Installment credit, total Automobile paper __ Other consumer goods paper Repair and modernization loans Personal loans By type of holder: Financial institutions total mil. $ do do do do . do do 46 992 51 990 51 990 52 159 52 352 52 837 53 828 54 694 55 666 56 442 57 181 57 570 57, 962 58, 411 59, 114 94. fiQ1 9A fi1 fi 9fi QQ9 27 210 27 475 27 699 28 014 Sales finance companies do 13 523 14 762 14 762 14 797 14 782 14 831 14 991 15 158 15 372 15 565 15 721 15 802 15, 876 15, 963 16, 138 7,512 7,436 7,235 7,310 7,363 7,124 6,429 7,032 Credit unions .do 5,622 6,458 6,458 6,465 6,569 6,739 6,871 5,606 5,334 5,387 5,410 5,422 5,465 5,243 5,287 Consumer finance companies do 5, 078 4,590 5,078 5,078 5,101 5,132 5,202 1,844 1,848 1,826 1,838 1,846 Other do 1 647 1 749 1 749 1,764 1 758 1 768 1 779 1 820 1 821 1,809 8,292 7, 601 7,212 7, 276 7,406 7,167 6,975 7,045 7,124 Retail outlets, total do_-_. 6,753 7,407 7,407 7,183 7,011 6,951 3,922 3,922 3,791 3,713 3,673 3,701 3, 745 3,785 3,811 3,847 3, 910 3,979 Department stores ___do __ 3,427 1,235 1,167 1,138 1, 117 1 152 1 152 1 128 1 101 1 085 1 077 1 076 1 084 1 090 1,103 Furniture stores do 1 086 447 443 438 433 431 425 373 370 377 417 Automobile dealers do 328 384 395 405 370 2,122 1,890 1,851 1,841 1,831 1,816 1,838 Other do 1,912 1 963 1 963 1,891 1,820 1 809 1 802 1,819 Noninst ailment credit total do 16 145 17 413 17 413 16 803 16 378 16 297 16 680 16 948 17 097 17 077 17 061 17, 078 17, 201 17,378 18, 577 6,903 6, 940 6,871 6 781 6 825 6,856 5 959 6 686 6 776 Single-payment loans total do 6 473 6 473 6 412 6 442 6 518 6 606 5,845 5,810 5,776 5,793 5,747 5,718 5,628 5,707 Commercial banks _ __ __ __ _ do 5,469 5,469 5,409 5,436 5,495 5,572 5,047 1,093 1,078 1,080 1,063 1,078 Other financial institutions. ..do ._ 1,004 1,004 1,003 1,058 1,069 912 1,006 1,023 1,034 r Revised. 9 Includes data not shown separately. 1 2 Average for Dec. Average for year. 3 Daily average. ©Adjusted to exclude interbank loans. cfFor demand deposits, the term "adjusted" denotes demand deposits other than domestic § For bond yields, see p. S-20. _ , oc IMonthly data are as of the following dates: 1964—Dec. 4; 1965—Jan. 29; Feb. 26; Mar. 26 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 Apr. 23; May 21; June 30; July 16; Aug. 13; Sept. 10; Oct. 8; Nov. 5; Dec. 3. reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves). 799-216 O-66-5 SURVEY OF CUEEENT BUSINESS .8-18 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1964 February 1966 1966 1965 Jan. Dec. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. FINANCE—Continued CONSUMER CREDIT— Continued Total outstanding, end of year or month— Con. Noninstallment credit— Continued Charge accounts, total mil. $ Department stores do Other retail outlets do Credit cards do Service credit do Installment credit extended and repaid: Unadjusted: Extended, total do Automobile paper do Other consumer goods paper do All other do Repaid total do Automobile paper do Other consumer goods paper do All other do Seasonally adjusted: Extended total do Automobile paper do Other consumer goods paper do All other do Repaid total do Automobile paper do Other consumer goods paper do All other do 15,871 1895 i 4, 456 1520 1 4, 315 i 6, 300 1909 i 4, 756 1635 i 4, 640 6,300 909 4,756 635 4,640 5,724 793 4,280 651 4,667 5, 154 660 3,857 637 4,782 4,977 601 3,743 633 4,802 5,210 626 3,942 642 4,864 5,453 647 4,142 664 4,809 5,528 627 4,218 683 4,793 5,534 591 4,217 726 4,762 5,498 595 4,149 754 4,738 5,496 647 4,078 771 4, 726 5,645 682 4,221 742 4, 685 5,740 725 4,291 724 4,735 6,746 968 5,055 723 4,891 60, 822 22, 013 17, 007 21, 802 55, 111 19, 354 15, 846 19, 911 66, 070 23, 565 19, 162 23, 343 60, 418 21, 243 17, 625 21, 550 6,767 1,992 2,404 2,371 5,455 1,838 1,532 2, 085 5,023 1,836 1,440 1,747 5,078 1,783 1,539 1,756 5,007 1,915 ,338 ,754 ,986 ,746 ,558 ,682 6,173 2,382 1,619 2,172 5,748 2,062 1,659 2,027 6,480 2,496 1,614 2,370 5,465 1,944 1, 502 2,019 6,189 2,384 1,682 2,123 5,253 1,890 1,509 1,854 6,780 2,608 1,804 2,368 5,729 2,032 1,611 2,086 6,429 2,465 1, 755 2,209 5,610 1,979 1,604 2,027 6,394 2,343 1,769 2,282 5,610 2,021 1,604 1,985 5,992 2,039 1,828 2, 125 5,539 1,977 1,612 1,950 6,144 2,263 1,874 2,007 5,622 2,052 1,614 1,956 6,501 2,352 1,979 2,170 5,857 2,142 1,678 2,037 7,415 2,274 2,632 2,509 6,021 2,049 1,733 2,239 5,816 2,043 1, 719 2,054 5,256 1,864 1, 505 1,887 5,883 2,120 1,729 2,034 5,213 1,830 1,526 1,857 6,022 2,228 1,760 2,034 5,381 1,897 1,632 1,852 6,030 2,229 1,698 2,103 5,393 1,924 1,567 1,902 6,189 2,272 1,645 2,272 5,445 1,936 1,487 2,022 6,105 2,215 1,728 2,162 5,435 1,940 1,564 1,931 6,139 2,250 1,717 2,172 5,537 1,960 1,587 1,990 6,278 2,301 1,792 2,185 5,612 1,972 1,612 2,028 6,288 2,313 1,794 2,181 5,679 2,030 1,658 1,991 6,331 2,324 1,834 2,173 5,648 1,996 1,629 2, 023 6, 306 2,266 1, 883 2,157 5,717 2,028 1,648 2,041 6,405 2,408 1,852 2,145 5,748 2,112 1,666 1,970 6,398 2,393 1,846 2,159 5,751 2,049 1,695 2,007 6,377 10, 256 10,883 9,098 -627 -2, 721 11, 227 9,606 ' 1,620 13,065 9,566 3,499 10, 492 10, 476 16 11, 857 10, 567 1,290 15, 334 4,981 11, 571 9,696 3,763 -4, 714 11, 595 12,299 -705 4,283 10, 728 12, 599 11, 090 10, 518 12, 312 -6, 234 -1, 584 1,509 10, 838 11, 121 -283 FEDERAL GOVERNMENT FINANCE Net cash transactions with the public: cf Receipts from Payments to Excess of receipts, or payments (— ) Seasonally adjusted, quarterly totals: Receipts from mil $ do do 112, 577 117, 151 -4, 574 115, 031 120,340 -5,308 28,704 29,824 -1 120 do Excess of receipts or payments ( ) do Budget receipts and expenditures: Receipts total do • Receipts netlf do Customs do Individual income taxes do Corporation income taxes do Employment taxes do Other internal revenue and receipts do Expenditures totalf do Interest on public debt do Veterans' benefits and services do National defense do All other expenditures do Public debt and guaranteed obligations: Gross debt (direct), end of yr. or mo., total-bil. $__ Interest bearing, total do Public issues _ _ __do_ _ Held by U.S. Govt. investment accts.do Special issues do Noninterest bearing and matured _ do_ _ Guaranteed obligations not owned by U.S. Treasury end of year or month bil. $ U.S. savings bonds: Amount outstanding, end of yr. or mo do Sales, series E and H_ do Redemptions do 30, 518 33, 058 -2, 540 30, 454 32, 278 -1,824 32,761 32,291 '470 '29,873 30,074 -201 10, 220 8, 106 164 5,934 507 1,508 2,107 9,105 963 526 10, 025 8,856 125 3,398 3,953 779 1,769 8,770 955 495 4,473 2,866 6,329 5,642 76 3,688 607 399 1,560 7,676 966 450 3,987 2,349 11, 329 7,518 106 6,174 473 2,810 1,765 7,146 933 478 3,835 1,940 14, 517 11, 188 155 4,135 6,759 1,459 2,009 8,139 961 459 4,497 2,224 11, 423 8,549 139 6,943 1,187 1,311 1,843 8,268 948 452 4,351 2,526 11, 582 7,268 128 6,067 520 2,861 2,007 8,116 955 450 4,317 2,486 15, 525 13, 404 145 5,324 6,597 1,406 2,053 9,070 989 476 4,949 2,700 5,070 3,807 137 1,661 727 629 1,915 7,240 1,000 210 3,848 2,261 10, 586 7,350 145 5,540 482 2,501 1,918 8,990 966 483 4,372 3,261 12, 640 10, 999 159 5,422 4,236 1,120 1,703 9,452 966 474 4,531 3,482 4,327 3,295 153 1,508 625 461 1,580 8,750 962 486 4,477 2,878 ' 3, 320 10, 807 9,553 140 3,705 4,315 803 1,844 9,426 1,005 207 5,092 3, 154 i 309. 35 i 317. 94 317. 94 i 305. 21 i 313. 55 313. 55 i 1261. 56 i 267. 48 267. 48 14. 14 1 14. 36 14.36 46.08 i 43. 66 i 46. 08 4.39 14.39 14.13 317. 98 313. 68 269. 44 14.68 44.24 4.31 319. 88 315. 54 269. 98 14.67 45. 57 4.34 317. 70 313. 33 267. 67 14.85 45.66 4.36 316. 56 312. 21 267. 81 14.63 44.40 4.35 319. 22 314. 17 266. 33 14.70 47.83 5.05 317. 27 313. 11 264. 46 14.59 48.65 4.16 316. 58 312. 20 264. 41 14.39 47.79 4.38 318. 24 313. 90 264. 12 14.92 49.78 4.34 316. 75 312. 36 264. 29 15.40 48.07 4.39 318. 90 314. 56 267.60 15.18 46.96 4.34 321. 71 317. 36 270. 30 15.65 47.05 4.36 320. 90 316. 52 270. 26 15.51 46.26 4.39 114, 278 87, 516 1,263 54, 296 22, 768 16, 151 19, 800 94, 188 10, 223 5,267 52, 966 26, 265 i.74 i 49. 03 4.76 5.02 117, 222 88, 696 1,352 52, 334 25,047 17, 106 21, 382 96, 945 11, 039 5,484 52, 261 29,067 i.81 i 49. 89 4.61 5.25 r 4, 518 322.00 317.60 273. 24 44.36 4.40 .81 .66 .69 .72 .66 .61 .59 .47 .50 .52 .49 .46 .46 .42 49.89 .37 .43 49.94 .43 .53 50.01 .39 .45 50.06 .41 .49 50.08 .39 .49 50.11 .36 .43 50.15 .36 .46 50.23 .39 .46 50.26 .37 .46 50.28 .34 .45 50.36 .37 .41 50.42 .34 .40 50.46 .33 .42 50.44 .47 .65 LIFE INSURANCE Institute of Life Insurance: Assets, total, all U.S. life insurance companies bil. $__ i 141. 12 i 149. 47 149. 32 150. 39 151. 03 151. 66 152.27 152. 92 153. 50 154. 42 155. 19 156.04 156. 89 157.64 Bonds (book value), domestic and foreign, 70.10 70.22 69.84 69.82 69.63 68. 74 68.85 69.12 69.16 68.54 68. 73 67.97 i 66. 08 i 67. 96 total bil $ 5.16 5.11 5.32 5.26 5.31 5.52 5.56 5.27 5.72 5.76 5.49 5.51 15.59 15.81 U S Government do 3.54 3.52 3.65 3.61 3.58 3.72 3.79 3.77 3.75 3.82 3.80 13.77 3.81 13.85 State county municipal (U S ) do 16.10 16.08 16.14 16.18 16.17 16.25 16.25 16.21 16.17 16.26 16.27 1 16. 44 i 16. 32 16.29 Public utility ( U S ) do 3.28 3.28 3.31 3.30 3.29 3.34 3.33 3.34 3.32 3.32 3.35 13.31 3.36 13.35 Railroad ( U S ) do 35.48 35.70 35.07 34.77 34.98 33.69 34.32 33.42 33.57 34.03 32.93 33.26 i 31. 21 i 33. 14 Industrial and miscellaneous (U.S.) do Stocks (book value), domestic and foreign, total 7.07 7.13 6.80 6.96 6.75 6.62 6.74 6.52 6.61 6.67 6.39 6.46 17.94 bil. $__ 17.14 2.75 2.78 2.73 2.63 2.68 2.64 2.68 2.61 2.69 2.60 2.57 12.51 2.58 12.31 Preferred (U.S.)._ do 4.21 4.24 4.11 3.96 4.00 3.89 3.94 3.82 3.88 3.93 3.77 15.30 3.71 14.72 Common (U.S.) _do 58.82 59.28 58.41 58.02 57.66 55.94 56.34 56.69 57.00 57.38 55.63 i 55. 15 55.18 i 50. 54 Mortgage loans total do 54.10 54.52 53.72 53.04 53.36 51.92 52.21 52. 81 51.59 51.31 52.48 50.88 i 46. 75 i 50. 85 Nonfarm do 4.68 4.70 4.65 4.68 4.64 4.61 4.54 4.57 4.52 4.53 4.57 4.58 14.53 14.32 Real estate do 7.59 7.62 7.55 7.51 7.41 7.46 7.26 7.31 7.36 7.13 7.20 17.14 7.16 16.66 Policy loans and premium notes. do 1.25 1.36 1.27 1, 31 1.24 1.19 1.23 1.28 1.44 1.25 1.20 1.32 i 1.49 11.47 Cash do 7.38 7.33 7.34 7.09 7.02 6.84 7.00 6.91 6.97 6.75 7.00 15.26 6.68 14.92 Other assets do___ Payments to policyholders and beneficiaries in 918.9 879.4 954.2 935.5 911.6 922.0 878.5 950. 2 918.5 842.3 1, 059. 2 U S total mil $ 10, 028. 2 10, 757. 8 1, 179. 3 388.8 381.9 400.4 399.3 398.6 388.0 398.8 468.3 374.3 389.2 363.7 4, 208. 6 4, 533. 5 432.8 Death benefits do 75.8 74.6 74.6 67.9 71.1 82.0 75.2 80.9 91.9 79.2 75.6 86.7 898.7 809.0 M^atured endowments do 12.7 13.0 12.5 14.3 12.3 15.7 12.9 12.7 14.8 12.7 17.6 13.5 160.6 154.5 Disability payments do 85.3 83.5 86.7 85.5 84.6 83.5 81.2 84.2 88.5 89.0 81.5 101.9 961.0 901.7 148.3 148.5 164.5 157.1 158.8 165.2 143.4 162.1 162.9 183.6 163. 1 173.0 1, 789. 3 1, 833. 7 Surrender values do 209.3 176.6 210.4 215. 3 203. 3 198. 5 211.2 182.9 169.9 164.1 162.7 Policv dividends do__ 2. 165. 1 2. 370. 3 395.2 r 1 Data for net receipts and total expenditures reflect exclusion of Certain interfnnd transacRevised. *> Preliminary. 1 tions. End of year; assets of life insurance companies are annual statement values. c? Other than borrowing. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 1965 1964 Dec. Annual S-19 Jan. Feb. Mar. Apr. 1966 May June July Aug. Sept. Oct. Nov. Dec. 11.880 7,411 3,937 532 Jan. FINANCE—Continued LIFE INSURANCE— Continued Life Insurance Agency Management Association: Insurance written (new paid-for insurance) : Value, estimated total.. mil. $__ Ordinary __do_ Group and wholesale do Industrial _ _ _ do 89, 562 63, 516 18, 892 7,154 104, 804 72, 926 24, 566 7,312 12, 359 6,896 4,936 527 7,752 5,477 1,722 553 7,986 5,890 1,478 618 9,929 7,313 1,961 655 9,092 6,871 1,595 626 8,914 6, 674 1,549 691 9,435 7,003 1,799 633 8,569 6,439 1,535 595 8,747 6,605 1,537 605 L 9(, 663 1 37, 639 6,656 6,883 2,423 130,131 584 625 9,922 7,072 2,209 641 13, 606 10, 169 2,030 1, 408 14,385 10, 768 2,225 1,391 1,431 987 222 222 1,208 920 181 107 1,159 878 180 100 1,308 994 209 105 1,204 914 188 102 1,218 924 188 106 1,223 930 195 98 1,254 954 194 105 1,222 915 204 103 1,191 898 193 100 1,248 934 211 104 Gold and silver: Gold: Monetary stock, U.S. (end of period) ___mil. $__ 15,513 15,388 -254 Net release from earmark §_ _ do 256 Exports thous $ 203, 784 422, 744 Imports ^ do 44,414 40,888 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 21,350.0 21,395.0 960.1 1, 019. 8 133.4 139.0 51.4 51.4 84.2 10.8 87.4 10.8 85.3 9.8 86.8 10.8 88.0 11.3 89.2 10.4 90.1 10.7 90.8 10.0 91.0 10.5 89.7 10.2 90.4 10.5 Premiums collected: J Total life insurance premiums Ordinary Group and wholesale Industrial _ do _ do_ __ __do do __ _ _-___ 1,264 962 196 106 MONETARY STATISTICS Production, world total. _. South Africa. Canada __ __ United States Silver: Exports Imports Price at New York Production: Canada Mexico... United States _ mil. $ do__ do do 13,733 -72 67, 842 10, 102 13, 732 thous. $__ do dol. per fine oz 41, 764 70, 918 1.279 144, 121 66, 311 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 5,302 4,932 1.293 9,273 4,364 1. 293 2,101 3,763 1.293 848 3,917 1.293 4,199 5,716 1.293 1,534 6, 104 1.293 4,046 4,722 1.293 thous. fine oz do do_.._ 29, 839 39, 432 46, 112 30, 316 41, 716 45, 872 2,963 3,379 4,522 2,577 2,981 3,445 2,299 2,432 4, 035 2,358 4,180 4,452 2,379 2, 994 4,599 2,632 3,290 3,527 2,884 2,903 3,418 2,549 3, 838 3,159 2,507 3,647 3,231 3,043 3, 016 2,957 3,871 4,104 37.7 39.6 39.6 38.5 38.6 38.8 38.8 39.2 39.7 39.9 40.2 40.4 40.8 41.8 42.1 150. 6 31.5 119.0 105.5 5.9 156.3 33.5 122.8 119.4 5.8 164.0 35.0 129. 1 125.2 5.5 164.4 34.4 130.1 128.3 4.2 159.5 34.2 125.3 130.8 5.7 159.0 34.3 124.6 132.7 6.7 161.6 34.5 127.1 134.0 5.6 157. 6 34.6 123.0 135.4 9.7 159.6 34.9 124.6 136.6 9.3 160.9 35.4 125.6 138. 3 9.1 160.5 35.5 125.0 140.2 7.4 163. 2 35.6 127.5 141.4 5.6 165. 8 36.0 129. 8 143.5 5.0 167.4 36.5 130.9 144.4 4.0 172.0 37.0 135.0 145.3 4.5 173.1 36.5 136.6 147.4 3.7 159.7 34.2 125.4 126.6 160.0 34.5 125.5 128.8 159.7 34.7 125.1 131.0 160.3 34.7 125.6 132.1 161.1 34. 7 126.4 133.5 160. 0 34.9 125. 1 134.6 161.8 35.0 126.8 135.9 162.5 35.2 127.3 137.6 162.7 35.4 127.3 140.1 164.3 35.6 128.7 141.6 165.6 35.9 129.7 143.6 165.7 36.1 129.6 145.5 167.4 36.3 131.2 147.0 168.5 36.6 131.9 148.0 44.7 89.5 32.9 41.4 29.2 45.5 90.7 33.4 41.7 30.0 46.3 94.8 33.8 42.8 30.0 47.1 96.1 34.6 44.3 30. 5 47.9 96.9 35.4 44.8 31.2 48.4 100.0 35.2 44.5 31.2 47.0 96.0 34.7 44.3 30.6 50.9 107.0 36.3 45.5 32.2 49.3 104.9 35.1 44.4 31.1 48.4 99.4 35.5 44.9 31.7 47.2 95.4 35.3 44.1 31.4 47.4 96.3 35.1 43.8 31.4 50.5 104.7 37.0 47.6 32.1 50.6 102.2 37.5 47.7 33.3 19, 483 1,449 354 23, 211 1,692 507 6,299 464 159 6,232 409 151 7,215 454 166 6,590 522 176 246 634 2,427 3,831 593 563 938 314 754 2,857 4,094 681 758 1,225 66 218 755 1,164 167 221 355 56 185 731 1,061 83 235 388 93 216 853 1,088 220 270 411 105 215 789 1,079 253 214 312 668 1,432 1,299 842 2,001 1,512 225 506 456 244 500 406 325 689 455 304 652 471 444 2,562 2,041 546 2,808 2,617 143 651 749 147 985 651 187 1,057 730 185 468 845 9,868 10,810 3,405 2,658 2,942 2,623 2,187 2, 385 600 712 597 626 2,655 6,380 Currency in circulation (end of period) bil. $_. Money supply and related data (avg. of daily fig.) :t Unadjusted for seas, variation: Total money supply bil. $ Currency outside banks do Demand deposits _ __ do Time deposits adjusted^ do U.S. Government demand deposits do Adjusted for seas, variation: Total money supply Currency outside banks Demand deposits Time deposits adjusted^ 14, 410 14, 290 13, 934 13, 857 13, 857 13, 858 13, 857 13, 805 124 99 -157 142 43 13 81 18 58, 637 267, 956 126, 407 159, 947 108, 028 126, 324 101, 275 101,335 1,562 2, 153 17, 794 2,465 1,779 1,539 1,888 56, 027 _ _ __ do do do do Turnover of demand deposits except interbank and U.S. Govt., annual rates, seas, adjusted: Total (225 SMSA's) 9 _ .ratio of debits to deposits. _ New York SMSA .. __. __. _ do Total 224 SMSA's (except N.Y.) do 6 other leading SMSA'stf do___ 218 other SMSA's do 5,072 10, 809 1.293 3,908 7,688 1.293 1.293 PROFITS AND DIVIDENDS (QTRLY.) Manufacturing corps. (Fed. Trade and SEC): Net profit after taxes, all industries mil. $__ Food and kindred products do_ _ _ Textile mill products __ _ do Lumber and wood products (except furniture) mil. $.. Paper and allied products do_ _ Chemicals and allied products _ _ _ do_ _ Petroleum refining __ _ _ do Stone, clay, and glass products _ _ do__ Primary nonferrous metal__ __ _ . do Primary iron and steel do Fabricated metal products (except ordnance, machinery, and transport, equip.) mil. $__ Machinery (except electrical) _ _ do_ Elec. machinery, equip., and supplies... do Transportation equipment (except motor vehicles, etc.) mil. $._ Motor vehicles and equipment do All other manufacturing industries do_ _ Dividends paid (cash) , all industries do Electric utilities, profits after taxes (Federal Reserve) mil. $ Transportation and communications (see pp. S-23 andS-24). SECURITIES ISSUED Securities and Exchange Commission: Estimated gross proceeds, total _ __inil. $. 31, 616 37, 122 3, 339 2,333 3,997 By type of security: Bonds and notes, total. _ _ _ _ _ do 30, 252 34, 030 3,196 2,202 3, 842 Corporate do 10,872 10, 865 1, 662 727 637 Common stock do 1,022 94 84 2,679 130 Preferred stock _ do 342 49 412 47 24 r Revised. 1 Includes $28 bil. coverage on U.S. Armed Forces. 2 Estimated; excludes U.S.S.R., other Eastern European countries, China Mainland, and North Korea. t Revisions for premiums collected for Jan .-Aug. 1964 will be shown later; those for money supply and related data for 1959-64 appear in the July 1965 Federal Reserve Bulletin. § Or increase in earmarked gold (—). 3, 003 3,050 3,160 4,297 2, 936 2,354 3,029 2,860 2, 887 2,712 3, 988 2,814 2,262 2,861 2,530 6,123 1,215 1,324 1,184 1, 729 1,322 877 1,070 837 1,370 82 384 154 165 127 78 78 76 116 92 60 92 35 65 155 44 15 8 f Time deposits at all commercial banks other than those due to domestic commercial banks and the U.S. Govt. 9 Total SMSA's include some cities and counties not designated as SMSA's. cflncludes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los Angeles-Long Beach. SURVEY OF CURRENT BUSINESS S-20 Unless otherwise stated/ statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1966 1965 1964 Jan. Dec. February 1966 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. FINANCE—Continued SECURITIES ISSUED— Continued Securities and Exchange Commission— Continued Estimated gross proceeds— Continued By type of issuer: Corporate, total 9 mil $ Manufacturing _ do Extractive (mining) do Public utility _ do Railroad do Communication do Financial and real estate do Noncorporate > total 9 U S Government State and municipal New corporate security issues: Estimated net proceeds, total Proposed uses of proceeds: New money total Plant and equipment Working capital Retirement of securities Other purposes State and municipal issues (Bond Buyer) : Long-term. Short-term,. 12, 237 3,543 214 2,668 431 1,094 3,120 13, 957 3,046 421 2,760 333 2,189 3,856 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 1,233 562 75 212 21 18 251 1,773 735 20 275 24 145 373 2,038 484 14 195 16 99 1,045 1,443 454 43 228 27 154 206 930 364 19 305 13 29 134 1.538 435 25 365 26 202 343 1,002 316 31 163 20 96 272 1,441 475 21 242 11 12 561 do do do 19, 380 7,213 10, 107 23, 165 10, 656 10, 544 1,534 373 1,097 1,475 433 811 3,205 2,129 933 1,646 413 1,003 1,817 390 971 1,387 356 1,020 2,260 362 1,000 1,492 388 1,055 1,424 371 718 1,490 342 984 1,653 369 867 4,939 3,463 1,018 do 12, 081 13, 792 1,787 850 779 1,343 1,214 1,746 2,018 1,427 919 1,523 989 1,419 do do do do do 8,993 5,405 3,588 1,528 1,561 11, 233 7,003 4,230 754 1,805 1,322 621 701 145 320 700 410 290 54 95 687 443 244 33 59 1,039 667 372 146 157 939 680 260 61 213 1,560 993 566 55 132 1,665 651 1,014 72 281 1,168 735 433 137 122 760 572 188 69 91 1,249 797 452 130 143 831 455 377 56 102 1, 193 569 624 61 165 do do 10, 107 5,481 10,544 5,423 1,097 296 811 424 933 533 1,003 518 971 1,046 1,020 652 1,000 489 991 380 718 557 984 543 867 397 1,018 665 '768 1461 U88 5, 541 i 5, 101 1, 210 i 1, 169 i 4, 481 i 4, 132 488 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 4,187 515 5,139 1,297 4,436 491 4,887 1,233 3,676 491 4,908 1,192 3,771 539 5,016 1, 369 3,609 525 5,096 1,475 3,552 550 5,232 1,479 3,661 534 5, 543 1,666 3,706 '332 1,150 354 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 mil $ do do do Bonds Prices: Standard & Poor's Corporation: Industrial, utility, and railroad (AAA issues): Composite cf dol. per $100 bond_. Domestic municipal (15 bonds) do U.S. Treasury bonds, taxable! do Sales: Total, excl. U.S. Government bonds (SEC): All registered exchanges: Market value mil $ Face value do New York Stock Exchange: IMarket 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 rating: Aaa __ _do Aa do A . ___.v_do____ Baa do By group: Industrials __ do Public utilities do Railroads _ do Domestic municipal: Bond Buyer (20 bonds) _ _ _ do_ _ Standard & Poor's Corp. (15 bonds) _ do U S Treasury bonds, taxable© - do_ __ 1 1 96.8 111.3 95.1 111. 5 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 93.5 111.0 92.8 109.3 92.7 108.4 92.3 107.7 86.31 84.46 84.65 84.56 84.40 84.48 84.53 84.58 84.57 84.51 84.00 83.27 82.97 82.22 81.21 , 740. 46 2, 882. 48 211. 88 , 653. 78 2, 640. 74 200. 92 204. 50 194. 12 215. 95 195. 74 321. 07 295. 71 261. 23 257. 53 240. 82 220.36 303. 79 278. 99 265. 58 248. 19 294. 76 256. 23 398. 73 332. 00 424. 51 345. 52 373. 10 296. 25 490. 17 368. 03 , 667. 28 2, 782. 80 203. 14 1, 586. 04 2, 542. 26 192. 02 195. 35 185. 17 203. 26 185. 24 305. 46 282. 15 251. 67 248. 48 230. 16 210. 27 287. 04 262. 56 253. 01 235. 86 282. 80 245. 19 389. 95 323. 26 414. 32 336. 49 361. 09 285. 05 469.00 350. 45 1, 483. 33 2, 524. 50 196. 84 215. 30 258. 65 214. 56 207. 90 271. 92 191. 64 244. 98 307. 79 290. 84 272. 00 302.78 252.64 4.75 4.84 4.89 193. 49 90.5 91.1 ' 106. 3 106.9 81.15 4.50 4.57 4.58 4.57 4.55 4.56 4.56 4.57 4.60 4.64 4.65 4.69 4.72 4.26 4.39 4.48 4.86 4.40 4.49 4.57 4.83 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 4.49 4.59 4.65 4.88 4.52 4.63 4.69 4.91 4.56 4.66 4.71 4.93 4.60 4.69 4.75 4.95 4.68 4.80 4.85 5.02 4.74 4.83 4.91 5.06 4.42 4.41 4.65 4.52 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 4.63 4.60 4.73 4.65 4.64 4.77 4.67 4.67 4.81 4.71 4.71 4.83 4.79 4.82 4.91 4.84 4.85 4.97 3.18 3.23 3.20 3.22 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 3.29 3.25 3.41 3.36 3.40 3.42 3.50 3.47 3.54 3.56 3.54 3.52 4.00 4.15 4.14 4.14 4.16 4.15 4.15 4.14 4.14 4.15 4.19 4.25 4.27 4.34 4.43 4.43 Stocks Cash dividend payments publicly reported: Total dividend payments mil. $ Finance _ Manufacturing Mining Public utilities: Communications Electric and gas Railroads Trade Miscellaneous *do -_ do do _ __ 536.6 3,881.1 1,560.9 487.4 2, 863. 7 1, 279. 3 374.8 408.1 20.0 214.1 259.6 175. 5 1, 725. 4 117.5 3.6 267. 5 391.2 18.4 106.5 251.2 179.8 1, 951. 0 121.2 3.2 270.8 399.6 19.4 114.6 305.6 189.5 1, 762. 3 121.4 .9 277.0 430.9 20.8 571.9 140.7 198.9 2, 504. 5 186.9 3.5 427.7 459.9 22.8 1, 573. 3 2, 035. 5 421.8 679.9 267.8 112.6 236.9 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 2.3 150.5 9.1 28.6 11.5 114.4 245.2 70.3 76.0 39.9 315.8 153.3 24.8 84.3 25.9 2.3 146.0 6.5 26.3 12.4 118.0 252.1 113.2 80.8 53.7 342.9 155.9 19.0 107.5 25.2 7.05 7.70 3.43 3.81 4.57 6.00 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 7.59 8.42 3.88 4.07 4.92 6.31 7.63 8.47 3.90 4.08 4.92 6.31 7.78 8.67 3.96 4.16 4.92 6.31 8.12 9.03 3.99 4.28 4.93 6.57 8.15 9.06 4.02 4.34 4.94 6.59 8.18 9.10 4.03 4.35 4.94 6.59 1, 455. 8 do -_ do_ __ 1, 900. 5 377.4 do 642.2 do 232.2 do 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_ _ _ 507.0 2, 735. 1 1, 332. 8 613.3 2, 622. 9 1, 243. 8 493.1 2, 487. 4 2, 804. 9 8, 510. 0 9, 297. 7 2, 282. 9 183.0 582.1 600.7 16, 187. 6 17, 681. 6 3, 520. 3 1, 385. 2 6.42 6.98 3.21 3.50 4.46 5.84 202.32 235. 08 242. 99 250. 34 248. 21 245. 38 253. 28 249. 78 238. 93 242. 16 246. 50 254. 52 260. 91 255. 62 258. 09 257. 90 Price per share, end of mo., composite _ do 258. 55 270. 21 280. 74 278. 19 274. 90 287. 13 282. 16 269. 18 273. 38 279. 07 290. 30 301. 00 296. 07 299. 67 300. 28 218. 24 Industrials _ __ _ _ do 108. 76 115. 54 119. 00 118. 81 118. 85 119.57 118. 21 114. 22 114. 76 115. 46 116. 95 118. 38 115. 84 114. 86 111.34 102. 79 Public utilities do 95.52 94.62 94.16 94.11 90.22 86.23 90.93 94.36 95.11 99.69 102. 30 103. 46 109. 88 78.49 94.01 92.59 Railroads do 1 1 Prices are derived from average yields on basis of an assumed 3 percent 20-year bond. Revised. End of year. 9 Includes data not shown separately, O For bonds due or callable in 10 years or more. cf Number of bonds represented fluctuates; the change in the number does not affect the ontinuity of the series. February 1966 SURVEY OF CUBRENT 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 Annual BUSINESS S-21 1966 1965 1964 Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. 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 3.17 3 20 3 12 4 46 3 15 2.51 3.00 2 gg 3 15 4 05 2 97 2 50 3.03 3 00 3 19 4 35 2 99 2 62 Earnings per share (indust., qtrly. at arm. rate; pub. util. and RR., for 12 mo. ending each qtr.) : Industrials _ . dollars Public utilities do Railroads ___ do 12 43 4 99 6 29 14 39 5 41 6 97 15 96 5 41 6 97 4.30 4.32 4.23 Dividend yields, preferred stocks, 14 high-grade (Standard & Poor's Corp.) percent-Prices: Dow-Jones averages (65 stocks). Industrial (30 stocks). _.__'. . Public utility (15 stocks) Railroad (20 stocks) _ _ Standard & Poor's Corporation :d* Industrial, public utility , and railroad: Combined index (500 stocks) 1941-43=10.. 253 714 138 165 69.87 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 Exclusive of odd-lot and stopped stock sales (N.Y.S.E.; sales effected) millions Shares listed, N.Y. Stock Exch., end of period: Market value, all listed shares bil. $__ Number of shares listed .. . millions 67 81 36 30 294 834 146 204 23 05 02 36 81.37 304 866 154 206 50 73 49 46 83.96 2.97 2 92 3 13 4 22 3 08 2.56 3.01 2 96 3 14 4 26 3 25 2.55 3.05 3 00 3 20 4 28 3 33 2 59 2.95 2 87 3 18 4 28 3 24 2 51 3.02 2 97 3 21 4 43 3 39 2.70 311 889 158 210 84 89 09 34 86.12 4.22 313 894 161 210 79 41 31 01 86.75 4.26 315 896 161 212 14 44 61 26 86.83 o qo 2. 86 3.08 3 02 3.36 4.31 3.25 2.90 4.28 317 907 162 212 55 71 25 19 87.97 4.30 319 927 161 209 93 50 35 18 89.28 3.00 2 92 3.33 4.29 3.17 2.94 2.98 2.88 3.35 4.17 3.43 2.96 3.17 3 03 3.62 3.96 3.55 2.70 4.41 4.47 330. 89 944. 77 157. 19 231. 09 335. 45 953. 31 157 11 238. 11 337. 09 955. 19 152. 00 245. 33 346. 95 985. 93 151.26 255. 52 89.38 91.39 92.15 91.73 93.32 94.93 86.91 82.34 76.10 46.96 97.20 90.28 83.90 76.69 48. 46 98.02 91.62 83.75 76.72 50.23 97.66 91.42 83. 31 75.39 51.03 99.56 93. 35 84.28 74.50 53.68 37.24 70.93 67.86 4.34 4.32 4.38 303 66 873. 43 155 71 199 51 312. 37 887. 70 155 44 214 21 321. 61 922. 18 157 51 218. 86 85.04 84.91 86.49 91.68 83.25 80.23 74.71 46.13 72 06 93 79 3.16 3.02 3.50 4.19 3.51 2.63 18.10 4.38 4.38 302 878. 154 195 3.18 3 05 3.44 4.18 3.51 2.94 14.60 5. S2 7.11 17 20 5 68 6.91 15 90 5 51 6 79 4.18 3.13 3 08 3 35 4.44 3.16 3 11 3 35 4 69 3.51 2.84 4.51 73.39 63.30 62 28 64.99 37.58 86 19 76.34 73 84 69.91 45.46 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 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 38.96 70.98 60.75 40.43 72.74 60.79 39.68 71.68 58.58 37.19 69.26 59. 56 37.71 70.27 66.13 64 314 1 838 72 147 2 045 5 773 170 5 959 ' 179 6 330 ' 182 7 198 217 6 696 199 6 580 198 6 911 187 5 655 'l54 5 951 163 7 993 222 9 664 279 8 592 262 11 683 345 54 887 1 351 60 424 1*482 4 872 121 4 918 127 5 291 131 5 979 152 5 508 136 5 366 133 5 819 136 4 783 116 4 9S7 120 6 662 165 7 857 199 6,879 163 9,200 231 1 146 1 237 104 109 112 125 119 110 128 85 109 155 164 147 191 183 411.32 ' 474. 32 8,108 9,229 474. 32 9 229 491. 85 9 292 493. 48 9 336 490. 25 9 481 506. 58 9 516 503. 54 9 647 478.83 9 785 487. 85 9 829 500. 62 9,863 517. 67 9,931 532. 83 9,984 530. 77 10, 013 537. 48 10, 058 542. 75 10,136 FOREIGN TRADE OF THE UNITED STATES FOREIGN TRADE Value Exports (mdse.), incl. reexports, totalQ Excl. Dept. of Defense shipments Seasonally adjusted . By geographic regions:A Africa Asia Australia and Oceania Europe Northern North America Southern North America South America By leading countries: Africa: United Arab Republic (Egypt) Republic of South Africa Asia; Australia and Oceania: Australia including New Guinea India _ _ Pakistan Malaysia Indonesia Philippines Japan Europe: France East Germany West Germany • mil. $ do 23, 347. 2 r26,488.8 '2,628 3 '1,247 3 T\ 598 2 '2 973 5 T'2 611 5 '2 427 9 r2,335 6 2,244 8 2, 188. 3 '2,163.0 2, 444. 0 2, 505. 4 2, 606. 5 22 427 3 '25 670 6 '2 576 2 r\ 188 0 r\ 513 g '2 891 1 2 528 3 '2 381 0 '2 218 9 2 172 1 2 123 5 '2,140 2 2 419 5 2, 440. 4 2, 550. 5 '2,426.1 rl,214 6 '1 598 8 '2,754 8 r2 379 6 '2 260 2 '2,230 2 '2,255.5 '2,332.9 '2,324.1 '2,341.6 '2,408.2 2,355.8 do do do do do 992 7 4 813 2 531 3 7 117 7 do do do 4 120 0 4 746 7 1 740 8 2 044 8 1 843 1 2 122 7 1 219 0 5 225 7 738 0 8 303 4 do do 209 8 278 6 267 9 393 2 do do do do 444 7 816.8 387 9 627 954 375 77 6 9 7 0 122 575 64 825 1 5 8 4 33 273 24 352 9 7 2 2 131 1 165 5 680 2 559 6 87 4 82 3 63 3 509 3 1 009 3 885 1 120 4 466 7 76 7 806 3 120 459 70 675 49 1 283 7 82 485 69 732 1 0 4 9 111 9 422* 1 104 9 670 4 129 2 401 1 78.9 666 7 105 6 458 8 67.1 806 0 84.5 480 3 66.3 857. 6 432 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 9 451 1 171 0 164 7 440 1 170 9 172 2 458 5 172 8 191 9 532. 5 188 6 210.6 528.3 193.0 197.4 34 7 37 3 69 14 6 55 23 7 26 2 61 5 21 9 43*9 90 46 6 11 7 42 0 10 4 29 5 23 6 41 9 17.8 50 0 11.9 35 7 6.4 27.7 19 41 14 4 5 9 2 3 56 1 28 3 13 3 56 70 93 42 9 2 3 8 1 65 2 81 0 41 9 81 58 92 28 7 2 2 9 6 58 6 97.3 26 9 81 78 1 75.2 31 3 7 5 60 9 72.9 14 0 7.1 52 3 73.3 22.9 7.4 56.3 53.3 25.5 8.1 55 104 44 6 6 2 3 7 75 156 31 8 3 2 9 7 do do do 109 2 67 8 323 0 360 3 1 710 7 1 908 3 75 30 1 212 6 17 13 9 116 6 25 21 2 135 8 4 5 36 3 244 1 44 34 0 189 5 54 32 0 152 5 33 27 7 152 3 4 3 28 4 195 4 21 24 7 156 7 4 3 34.5 145.6 2.7 32.0 169.9 2.7 25.4 196.6 do do do 681 2 64 1 120 5 801 9 20 2 1 310 4 82 8 27 139 5 42 3 I 59 6 49 5 16 91 4 109 4 g 163 4 84 8 5 152 5 87 6 21 127 7 71 5 g 113 0 69 2 1 121 2 72 7 6 120 1 61.8 5 114 1 78.9 1.2 147.0 86.1. .9 159.7 Italy do 82 0 33 1 884 8 831 6 55 7 2 Union of Soviet Socialist Republics do 21 20 2 144 6 56 United Kingdom.. do_ _ 1. 162. 4 1. 468. 4 143.6 67^9 107.7 'Revised. v Preliminary. cf Number of stocks represents number currently used; the change in number does not affect continuity of the series. 9 Includes data not shown separately. O Beginning Jan. 1965, data reflect adoption of revised export schedule; in some instances, 2 0 2 9 81.7 86.5 59.5 60 7 67 5 101 0 95 2 74 8 63 6 3.1 2 2 3.1 15 20 31 74 88 31 155.6 143.9 126.3 157. 6 144.8 132. 2 118. 7 128.5 117.5 because of regrouping of commodities and release of some "special category" items from the restricted list, data for commodities and countries are not comparable with those for earlier periods. A Excludes "special category" shipments. SURVEY OF CURRENT BUSINESS S-22 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1964 Dec. February 1966 1965 Jan. Feb. Mar. Apr. May June 1966 July Aug. Sept. Oct. Nov. Dec. Jan. FOREIGN TRADE OF THE UNITED STATES—Continued FOREIGN TRADE— Continued Value— Continued Exports (mdse.), incl. reexports— Continued By leading countries— Continued North and South America: Canada - -_ - - - - mil. $__ 4, 119. 8 4, 746. 6 432.6 296.9 354.1 495.9 456.7 517.6 531.2 451. 1 440.1 458.5 532. 5 528.3 do 3 199.9 3 714 0 376 6 164 4 228 2 366 7 352 1 327.6 307 6 297.6 304.1 327.3 354 5 344.8 do do do 189.4 382.5 162.4 261.6 386.9 180.5 34.5 33.3 21.6 11.2 10.5 7.3 15.0 13.9 10.2 31.2 26.1 21.5 28.7 26.9 22.3 23.2 27.5 21.0 19.4 20.2 15.8 22.0 18.8 18.0 25.9 24.7 17.4 18.4 32.0 31.1 25.5 39.9 21.3 22.7 35.9 23.2 do -do do do 241.0 36.5 857.9 509. 1 245.8 (i) 1, 076. 4 599.6 23.3 (i) 103.8 60.4 7.2 0 74.7 21.7 11.8 0 81.0 34.3 21.1 20.0 C1) 92.9 63.8 21.4 0 92.7 54.6 13.8 0 95.2 55.8 12.8 0 92.5 52.2 13.4 0 88.9 52.8 15.5 1 17.2 0 98.0 58.3 18.3 0 99.2 54.0 1,575.6 '2,941.5 '2,584.3 1,491.2 2,859.1 '2,501.1 2,397.4 2,350.5 2,307.4 2,190.7 532.9 530.9 Latin American Republics total 9 Argentina Brazil Chile Colombia Cuba Mexico Venezuela _ - -_ Exports of U S merchandise, total Ol Excl military grant-aid t By economic classes: Crude materials Crude foodstuffs Manufactured foodstuffs and beverages Semimanufactures c71 Finished manufactures cf Excl military grant-aid By principal commodities: Agricultural products total 9 Animal and vegetable oils and fats Cotton unmanufactured Fruits vegetables and preparations Grains and preparations Meat and meat preparations TobflOOO Rnd TnaTnifaptiirfS /\ Nonagri cultural products, total 9 Automobiles parts and accessories Chemicals and related products § Coal and related fuels Iron and steel prod (excl adv mfs ) Machinery total § 9 Agricultural Tractors, parts, and accessories Electrical Metal working! Other industrial Petroleum and products Textiles and manufactures General imports, total $ Seasonally adjusted t By geographic regions: Africa Asia __ Australia and Oceania Europe do do 23, 060. 0 '26,136.4 22, 145. 9 '25,318.2 do do do do do do 327 9 2 576 7 2 897. 5 2 273 3 2 540 2 226 6 172 1 1 495 8 1 687 4 3 341.3 4 067. 2 410.3 13, 372. 8 14, 893. 8 1, 440. 7 12 453 2 14 076 1 1 388. 6 2,592 9 1, 230. 7 2,540.8 1,171.4 do 5 584.4 6 347.0 669.2 do do do do do 319 7 586.9 446 4 2 300 8 147.4 522 7 429 4 690.2 434 7 2 579 8 181.3 544 5 53 5 97.9 38 1 232 6 19.3 73 4 do 210.4 325.8 0) 98.0 69.3 696.2 553.9 2,212.1 2, 161. 0 2,139.4 2, 095. 2 548.1 459. 3 C) 93.1 49.9 2,133.2 2, 411. 9 2, 472. 2 2, 576. 0 2,110.4 2, 387. 4 2, 407. 2 2, 520. 0 484.7 587.0 652.2 647.6 do____ 17, 475. 7 19, 739. 0 1, 908. 4 1, 020. 3 1, 249. 7 2, 245. 8 2, 031. 3 1,864.8 1, 776. 7 1, 664. 1 1, 701. 7 1, 649. 2 1,824.9 1, 820. 0 1,928.4 do do do do 1 505 9 1 942.5 482.7 688 3 1 720 8 2 326. 2 504. 7 895 7 174 1 234.8 37.9 85 0 do 5, 441. 1 6 344.8 636.7 do do do do do 183.0 421.9 1 360 8 443.5 2 597. 9 229.0 547.3 1 540 2 520.6 2 991. 7 18.1 47.5 156 4 58.6 299.2 do do 491.9 693.7 471.4 804.9 44 2 78.7 do do 17, 137. 9 '18,684.0 '1,754.7 1,112.9 '1,462 8 '2,033 5 '1,856.8 '1,723.3 '1,907.0 1, 632. 9 '1,716.0 '1,797.6 1, 997. 1 1, 966. 7 2, 159. 9 '1 641 9 '1 192 7 '1 599 6 '1 861 0 '1 832 9 '1 789 0 '1 829 5 '1 663 1 '1,763 6 '1,806 8 '2,005.9 1, 903. 3 2, 034. 6 do do do do 777 5 3, 192. 4 502 1 4 812 7 916.7 3, 617. 5 439 7 5 307. 0 79.6 329.3 37 6 519 4 27.9 217.1 20 8 239. 0 66 9 291.7 21 3 422 6 89.2 432.4 57 7 628 4 66 2 402.5 30 7 575 4 75.3 339.9 38 0 542 3 82.0 410.9 30 8 537 6 50.9 345.6 41.7 505.7 68.4 394.7 36.7 486.8 89.1 423.4 47.4 489.9 87.9 411.0 55.5 621.1 81.1 412.4 35.2 592.3 90.0 446.6 37.7 661.5 Northern North America Southern North America _ __ _ South America By leading countries: Africa: United Arab Republic (Egypt) Republic of South Africa Asia; Australia and Oceania: Australia, including New Guinea India Pakistan Malaysia Indonesia Philippines Japan __ _ _ Europe: France East Germany West Germany Italy Union of Soviet Socialist Republics United Kingdom North and South America: Canada do do do 3 832 7 1, 526. 9 2, 491. 8 4 243.9 1, 639. 3 2, 508. 9 381.5 147.6 259.3 325.7 124.4 156.5 325 5 146.2 188.0 409.9 181.1 240.1 377 6 162.1 240.4 398.6 145.4 183.0 441.7 158.3 245.1 400.5 114.5 173.2 408.3 123.1 198.9 414.7 118.2 214.1 416.4 136.4 268.4 448. 9 151.9 243.2 470.1 178.0 274.7 do do 19 9 259 1 16 2 249.5 5 27.6 13 8.0 3 22.8 50 19.5 13 19.3 14 17.4 10 18.8 2.6 8 2 .6 15.3 .5 27.6 .6 16.3 .5 26.3 1.2 25.6 do do do do do do do 319 6 294 5 45.6 113 3 356.9 1, 498. 1 281.1 304 5 39.5 159 1 169.7 387.2 1, 768. 5 24.4 29 9 3.5 15 3 15.2 33.4 161.7 17.0 15 2 1.0 68 10.3 25.8 108.3 16.8 20 1 2.0 9 5 12 2 21. 7 154.5 35.6 46 2 6.2 19 3 16.9 34.3 218.4 19.0 37 5 5.6 23 5 16 6 36.7 204.9 24.5 24 3 3.2 16 7 12.2 29.5 177.3 20.1 33 1 4.1 17 3 15.7 27.1 220.0 25.9 23 7 4.0 16 7 10.2 25.6 194.5 25.1 28.0 4.2 13.6 10.8 35.3 231. 0 35.1 31.8 3.6 24.5 14.7 33.5 224.1 43.0 27.0 3.3 18.6 16.2 31.2 227.8 23.2 27.3 2.6 18.5 13.8 28.5 231.3 28.7 33.8 5.3 26.9 15.7 39.9 221.9 do do do 430 7 32 1, 003. 7 492 8 20 3 1, 079. 2 495 0 6.7 1, 171. 3 526 2 20.2 1, 140. 7 45 2 .3 119. 7 48 8 19 101.3 20.5 .1 46.0 22 1 4.7^ 57.6 41.5 .5 97.3 37 9 4.1 91.7 61.2 .7 133.5 59 3 1.5 126.1 55 6 .6 131.2 52 6 2 5 109.6 54.2 .6 110.3 49 7 2.2 115.5 63 5 .3 117.6 54 8 2.6 112. 7 55.1 .2 110.6 49 1 3.3 118.4 53.3 .3 91.2 56.1 2.4 112. 1 41.7 1.4 110.4 53.1 1.9 111.8 54.7 .3 135.7 58.5 8.2 148.2 54.3 .4 133.1 58.8 3.5 137.1 61.5 1.2 131.9 67.9 5.7 165.3 do 3 829 0 4 240 8 381 4 325 6 325 2 409 8 377 4 398 3 441 5 399 4 407.6 413.5 416.0 448.6 469.7 Latin American Republics, total 9 do 3 450 6 3 524.0 352.4 222.3 280.4 359.5 338.5 274.3 344.2 238.6 270.4 276.2 348.5 342.4 380.5 do do do 164 9 561.8 188.5 111 3 534.6 218.3 11 7 59.2 28.8 6.1 16.6 9.4 8.4 24.6 18.4 11.5 49.6 15.1 11 1 37.2 30.3 10 3 36.4 13.8 11.1 38.9 22.3 8.9 27.8 9.9 10.4 36.1 11.9 11.8 54.3 18.9 11.3 65.6 24.9 10.4 62.9 23.1 10.8 630.0 11.5 Colombia do 35.5 248.5 8.4 17.3 280.4 (i) (i) (i) (i) (i) Cuba__ _ _ do Mexico __ _ do 594.4 54.4 643.0 52.5 43.7 Venezuela... _ do 956.4 935.8 80.0 86.0 92.7 ' Revised. v Preliminary. i Less than $50,000. ^Revisions for Jan.-Nov. 1964 will be shown later. 9 Includes data not shown separately. OSee similar note on p. S-21. cTData for semimanufactures reported as "special category" are included with finish 26.2 (i) 64.7 96.8 24.2 0 61.1 92.2 20.7 0 57.2 66.3 25.2 0 61.9 101.9 18.8 0 39.3 71.1 22.8 0 41.8 77.5' 24.1 1 31.4 0 47.3 84.5 27.0 0 63.7 70.3 31.6 0 65.5 110.1 Argentina Brazil Chile.- . do do C) 39.2 68.9 manufactures. AManufactures of tobacco are included in the nonagricultural products total. § Excludes some "special category" exports. S-23 SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 | 1964 Annual 1966 1965 1964 Jan. Dec. Feb. Mar. Apr. May June July Aug. Sept. 1 Oct. Nov. Dec. Jan. FOREIGN TRADE OF THE UNITED STATES—Continued FOREIGN TRADE— Continued Value— Continued Imports for consumption, total mil $ By economic classes: Crude materials __ _ do Crude foodstuffs do Manufactured foodstuffs and beverages do Semimanufactures. __ _ doFinished manufactures do By principal commodities: Agricultural products, total 9 - do. Cocoa (cacao) beans, incl. shells- _ do Coffee do Rubber, crude (incl. latex and guayule) _ d o _ _ _ _ Sugar (cane or beet) _ _ do_ Wool and mohair, unmanufactured do Nonagricultural products, total 9 do Furs and manufactures do Iron and steel prod. (excl. adv. rnfs.).._do Nonferrous ores, metals, etc.: Bauxite, crude do_. Aluminum semimfs (incl. calcined bauxite) mil. $._ Copper, crude and semimfs do_ Tin, including ore do 17, 000. 6 ' 18,600.3 '•1,721.3 ' 1,138.2 ' 1,487.9 '•1,992.3 '•1,822.5 '1,718.8 1, 878. 0 ' 1,635.4 ' 1,727.1 '1,795.0 2, 003. 9 1, 952. 9 2, 129. 8 3, 288. 5 1, 725. 4 1,997.9 3, 608. 4 6, 380. 4 3, 444. 1 2,034.0 1, 812. 0 3, 988. 3 7, 321. 5 313.5 200. 1 165.4 357.8 683.6 253.0 78.5 77.3 300.1 492.2 4, 019. 7 4, 104. 6 372.9 175.2 269.4 420.4 369. 0 338. 8 345.2 262.3 319.0 354.1 411.2 399.0 428.6 135. 2 956.9 197.4 610.7 225.9 130.9 1, 200. 3 200.6 458.4 205.3 11.8 116.8 18.9 37.9 22.0 3.8 24.9 7.6 15.1 15.7 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 8.6 59.4 12.8 22.3 16.9 11.3 77.8 11.2 42.7 19.1 14.5 83.6 15.3 48.8 20.1 8.9 128.7 17. 4 50.8 17.9 7.6 125.9 17.2 41.0 18.4 7.4 113.5 17.2 51.7 17.5 12, 981. 0 14, 495. 3 1, 347. 5 130.8 712.7 116.6 819.9 15.4 69.4 962.9 1, 219. 2 1,578.8 1, 451. 7 1, 380. 8 1, 532. 8 1, 370. 6 1, 409. 8 1, 440. 8 1, 592. 7 1, 553. 9 1, 701. 3 12.6 13.4 14.0 16.0 11.2 8.9 7.6 7.1 6.5 6.5 4.9 20.2 114.1 125.8 10.2 12.1 8.8 13.7 10.8 11.6 10.9 13.7 13.7 11.1 11.4 12.7 12.4 202.4 259.0 109.8 199.0 340. 2 111.7 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 25.1 23.0 10.5 24.4 27.9 9.2 20.3 25.4 16.5 23.9 35.4 13.1 22.6 24.3 18. 1 29.1 26.8 34.2 361.2 687.8 1, 789. 2 405.5 752.5 1, 872. 4 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 34.4 64.9 144.3 39.8 72.4 192.2 34.9 64.4 147.4 37,4 65.1 159.4 36.4 70.5 164.0 36.3 67.6 172.0 41.2 67.2 150.1 37.7 78.5 200.2 127 128 101 143 146 102 169 176 104 77 81 105 97 104 107 187 199 106 164 174 106 155 164 105 142 152 107 127 122 96 135 133 99 150 148 99 94 95 101 125 125 100 175 174 100 161 158 98 149 147 99 164 163 99 thous. sh. tons__ 157, 008 172, 210 14, 962 mil. $ _ 15, 086. 1 17, 394. 1 1, 750. 2 6,508 601.2 Paper base stocks _Newsprint Petroleum and products do. _ do do Indexes Exports (U.S. mdse., excl. military grant-aid): Quantity 1957-59=100Value do Unit value do Imports for consumption: Quantity do Value do___ Unit value do_ Shipping Weight and Value Waterborne trade: Exports (incl. reexports) :§ Shipping weight Value General imports: Shipping weight Value Airborne trade: Exports (incl. reexports): Shipping weight Value _ General imports: Shipping weight_ Value _ thous. sh. tons__ 212, 485 233, 774 19, 499 mil. $ 12, 382. 3 13, 441. 9 1, 250. 1 thous. sh. tons__ 123.7 _ _ mil. $ 1,638.1 thous. sh, tons.. mil. $ 56.5 816.6 8,555 15, 000 15,068 15, 598 15, 753 16, 340 15, 675 836.7 1,963.6 1, 712. 1 1, 558. 0 1,411.6 1, 447. 8 1, 342. 5 18, 164 '17,294 22, 016 21, 783 19, 906 25, 552 20,532 21, 822 651.8 985.8 1, 465. 8 1, 373. 9 1, 207. 2 1,368.0 1,123.7 1, 224. 8 163.3 1,844.6 17.7 187.4 14.9 140.7 19.9 175.2 21.5 197.4 19.0 189.1 19.1 193.7 17.7 182.5 17.5 180.3 18.2 189.6 17.9 173.1 19.2 202.0 22.6 234.4 64.3 956.1 8.6 108.8 6.5 89.1 8.4 104.9 7.8 102.4 6.9 98.4 6.2 100.3 9.2 103. 9 7.5 104.9 6.8 95.1 8.1 94.0 8.3 144.8 8.7 123.9 83 0 95.0 19 4 6.3 4 2 78.8 85.2 19.9 5.9 3.8 22.2 591 22.3 574 TRANSPORTATION AND COMMUNICATION TRANSPORTATION Air Carriers Scheduled domestic trunk carriers: Financial operations (qtrly. total) : Operating revenues, total 9 mil. $ 2,831 725 2,488 Transport, total 9 do 2,805 2,468 718 Passenger _ do. 2,228 2,527 640 Property do 161 51 187 U.S. mail (excl. subsidy) ...do. 60 65 19 Operating expenses (incl. depreciation) ... do 654 2, 357 2,531 Net income (after taxes) do_ _ 13 136 38 Operating results: Miles flown (revenue) mil 765.9 822. 1 70.9 Express and freight ton-miles flown. _ ___do_ _ 590.3 726.9 70.8 Mail ton-miles flown ^ _ do 22.3 170.0 184.7 Passengers originated (revenue) do. 54.6 5.3 61.9 Passenger-miles flown (revenue) bil 36.6 37 41 9 Express Operations (qtrly.) Transportation revenues _ mil. $ 412.4 383.6 112.5 Express privilege payments. do_ _ 113.2 118.2 31.7 Local Transit Lines Fares, average cash rate cents 21.2 20.5 21.7 Passengers carried (revenue). mil 6,854 6,915 599 Operating revenues (qtrly. total) ... mil. $ 1,391 371 1,408 Motor Carriers (Intercity) Carriers of property, class I (qtrly. total) : 1 Number of reporting carriers.. _ __ 1, 018 1 1, 018 1,018 Operating revenues, total mil. $ 5,741 6,176 1,646 Expenses, total... do 5 890 5 498 1 591 Freight carried (revenue).. mil. tons 366 338 98 r Revised. v Preliminary. 1 Number of carriers filing complete reports for 1964. "Corrected. 9 Includes data not shown separately. 735 728 654 49 17 678 30 73.5 59.4 15 6 5.4 37 67 4 60.7 15 1 4.9 32 76 4 71.8 17 5 5.5 37 832 826 744 53 18 708 65 75 5 70.0 17 6 5.9 4 0 78 0 74.8 16 6 5.8 39 101.9 27.4 21.9 553 1963 and 21.9 524 21.9 606 339 78 3 74.5 16 9 6.3 45 885 « 778 79 82 73 16 6 4 1 0 5 3 6 83 77 17 6 4 6 6 2 8 9 106.7 31.1 103.7 28.2 21.9 CQQ 21.9 577 22.0 564 367 79.7 86.7 17 7 6.1 4 2 22 2 520 22.2 516 22.2 559 22.3 605 1,128 1,632 1 571 100 §Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo. SURVEY OF CURRENT BUSINESS S-24 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 1965 1964 Annual February 1966 Dec. Jan. Feb. Apr. Mar. May June 1966 July Aug. Sept. Oct. Nov. Dec. Jan. TRANSPORTATION AND COMMUNICATION—Continued TRANSPORTATION-Continued Motor Carriers (Intercity) — Continued Freight carried, volume indexes, class I and II (ATA): Common and contract carriers of property (qtrly ) average same period 1957-59—100 Common carriers of general freight, seas, adj.* 1957-59—100 Carriers of passengers, class I (qtrly.) :§ Number of reporting carriers Operating revenues total mil $ Expenses total do Passengers carried (revenue) mil Class I Railroads Freight carloadings (AAE) : Total cars __ _ _ _ thous _ Coal. do Coke_~ _ __ _ __ _ do Forest products do Grain and grain products do Livestock _do_ _ Ore do Merchandise, l.c.l do Miscellaneous _ _ _ _ _ _ do Freight carloadings, seas. adj. indexes (Fed. K.): Total 1957-59—100 Coal do Coke do Forest products _ _ _ __ do _ Grain and grain products _ _ do _ Livestock _ _ _ _ do_ _ Ore _ __ _do Merchandise, l.c.l do Miscellaneous _ _ _ __do __ Financial operations (qtrly.) : Freight ' Passenger Operating expenses do do do Net railway operating income, do Net income (after taxes) do Operating results: Freight carried 1 mile, revenue and nonrevenue (qtrly ) bil ton-miles Revenue per ton-mile (qtrly avg ) cents Waterway Traffic Clearances, vessels in foreign trade: Total U S ports mil net tons Foreign vessels do 126 3 137 6 139 2 123 4 1 158 622 8 541 1 527 2 131 9 142 9 1 158 656 5 570 9 506 9 158 28, 871 5,533 29,027 5,530 1 872 2,804 1 960 2 625 386 r Q '65 '38 1, 203 7 72 39 1,185 100 92 109 106 94 46 113 23 106 96 91 99 99 87 46 110 22 102 153 639 10 91 37 15, 478 15,693 1,161 93 95 88 96 102 52 84 36 95 96 95 113 100 96 49 97 27 98 99 90 125 100 97 46 143 22 103 9 560 8 155 9 857 8 455 2 526 2 169 7 452 1 302 7 738 1 301 588 806 651 578 818 698 148.8 141.5 141.6 143.1 144.3 151.7 147 150.8 127.2 53 3 2 2, 848 2533 247 2 193 2236 2,415 456 35 159 180 2,376 2 2, 768 455 2427 243 35 2189 151 211 2276 2,381 479 35 161 221 2,292 2 3, 108 2610 448 236 31 2200 158 2284 200 2,347 472 29 160 238 2,189 465 29 156 211 2,103 434 32 147 234 210 8 2 164 81 249 41 1,265 2 1, 616 8 206 39 1,332 26 5 2290 225 37 244 1, 257 2 1, 493 7 222 34 1,221 11 192 33 1,220 226 2228 241 2 1, 683 16 129 31 1,273 10 73 29 1,217 7 65 27 1,158 99 99 108 103 97 36 136 21 100 101 104 107 105 98 36 95 22 104 94 101 117 99 101 34 86 18 96 94 95 95 102 102 35 81 17 96 93 97 82 102 99 41 83 17 95 98 100 80 106 107 50 113 17 99 102 98 83 112 114 45 117 18 105 99 94 92 103 115 34 112 16 102 2,185 409 36 152 193 98 92 98 101 97 42 110 21 103 94 98 109 95 95 31 87 20 97 95 98 122 103 82 33 90 20 99 2 037 303 186 182 2 582 2,240 139 1,963 361 258 213 2,575 2,215 156 1,965 360 250 165 2 1 270 3 820 180.2 1.258 4 333 178.7 1.261 5,151 172 0 1 269 4 163 187 5 153 4 202 2 166 9 16 7 13 9 9 8 12 6 10 5 o i 12 9 10 9 ^ 0 17 0 14 1 29 17 8 14.8 30 18.6 15.4 32 18 6 15.7 29 19.0 16.3 28 18.6 15.6 29 18.4 15.4 30 65 446 9 366 74 210 10 750 6 645 5 706 779 5,160 652 7,670 822 6,998 884 6,631 738 6,467 835 6,855 496 6,809 628 6,035 716 7,065 767 7,090 973 6,442 789 dollars % of total 9 37 9 53 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 9.10 57 112 9.99 65 106 10.15 66 116 10.44 70 112 10.41 60 109 9.08 49 115 2 616 2 588 1 558 1 320 1 056 33 351 2 913 o 851 1 890 1 654 1 133 33 976 173 186 123 130 53 654 206 207 130 97 74 708 179 225 102 96 95 782 243 234 136 115 151 977 231 278 160 134 175 1, 453 284 296 171 159 168 2,393 308 398 182 165 175 5,074 131 8,578 105 8,346 80 3,631 59 2,534 59 1,219 59 817 2 516 41 91 2 218 37 76 7 99 476 528 9 07 473 8.05 556 9.38 10 147 5 585 3 476 5 948 3 1 770 73 7 10 938 5 922 3 827 6 496 3 1 924 77 4 2 835 1 519 1 006 1 716 '489 77 4 2 833 1*531 988 1 688 505 78 3 2 896 1,547 1,028 1,751 519 79 2 2,964 1,573 1,064 1,765 538 80.4 286 8 253 1 20 2 299 4 264 2 21 1 75 4 64 9 8 2 73 7 65 5 39 77 3 67 6 56 77 3 68.6 5.3 97 7 76 9 14 1 107 4 33 83 0 17 6 27 3 21 2 4 1 27 2 21 3 47 28.8 22 1 5.3 27.0 21.2 5.0 Departures Aliens' Arrivals do do Passports issued and renewed do National parks visits do Pullman Co. (qtrly.): Passenger-miles (revenue) mil Passenger revenues mil $ COMMUNICATION (QTRLY.) Telephone carriers Station revenues Tolls message Operating expense^ (before taxes) Net operating income Phones in service end of period Telegraph carriers: Domestic^ (wire-telegraph): Operating expenses incl depreciation Net operating revenues International :cT Operating revenues Op°ra.ting expenses incl depreciation Net operating revenues do do do do mil do do do do do 60 109 3 3 61 111 830 Revised. 1 Number of carriers filing complete reports for 1963 and 1964. 3 2 Data cover 5 weeks; other periods, 4 weeks. Revised total; quarterly revisions are not available. *New series. The monthly index is based on a sample of motor carriers that represents approximately one-third of the class I and II common carriers of general freight; monthly data back to 1955 are available. | 143.8 2 383 2,065 126 1 900 320 163 121 670 7 1 282 18 248 OK q r 135 635 5 1 310 18 4S7 I 142.1 thous Ig tons do Foreign travel: r 410 36 147 178 2,005 868 ' 2, 114 2,074 '418 ••37 r 151 r !93 164 143.6 148 5 147 118 5 113 8 47 0 427 36 139 180 1,765 «M Panama Canal: Total In United States vessels Travel Hotels: Ayerafp, sale, per onruplpd room TR.OOTTIS occupied 423 140 2 157 9 140 6 128 1 2,082 151.4 141 9 137 7 §Effective 1st qtr. 1965, carriers reporting both intercity and local and suburban schedules are classified as intercity if intercity revenues equal or exceed 50 percent of revenues from both operations. 9 Includes data not shown separately. cf1 Radio-telegraph and cable carriers. SURVEY OF CUERENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 S-25 Annual Dec. 1966 1965 1964 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. CHEMICALS AND ALLIED PRODUCTS CHEMICALS Inorganic chemicals, production: Acetylene _mil. cu. ft__ 14, 730 Ammonia, synthetic anhydrous (commercial) thous. sh. tons '6, 693.0 1, 082. 9 Carbon dioxide, liquid, gas, and solid _ __ do 5, 464. 1 Chlorine, gas (100% 012) do Hydrochloric acid (100% HC1) do._- r 1, 079. 4 Nitric acid (100% HN03) do_-_ 4, 242. 4 Oxygen (high purity) _ mil. cu. ft 128, 544 Phosphoric acid (100% P205) thous. sh. tons.__ 2, 904. 8 Sodium carbonate (soda ash), synthetic (58% Na2O) _• _ thous. sh. tons 4, 681. 8 Sodium bichromate and chromate do 133.9 Sodium hydroxide (100% NaOH) do___ 5, 814. 4 Sodium silicate (soluble silicate glass), anhydrous thous. sh. tons. 551.2 Sodium sulfates (anhydrous, refined; Glauber's salt; crude saltcake) thous. sh. tons 1, 232. 6 Sulfuric acid (100% HsSOO.. do _ 20, 935. 8 Organic chemicals, production :cf Acetic anhydride Acetylsalicylic acid (aspirin) Creosote oil __ _ _ _ _ '4,r 947. 9 137. 9 ••6,399.0 mil.lb 178.9 do 117.5 do-- 2, 537. 2 1,271 1,439 1, 425 1, 420 1,401 1, 385 1,358 1,139 1,399 1,380 650 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 15 603 324.0 721 5 107.7 544 7 107 4 351.5 15 314 338.1 707.9 111.7 524 5 106.2 291.4 15 057 350.9 698.2 114.2 540.0 105.8 350.2 15 064 306.9 707.4 112.6 535 2 102.9 386.7 15 571 330. 3 701.4 104.2 517.2 108. 9 400.7 14,426 313.7 737.6 97.5 559.6 116.8 448.6 15 409 343.6 765.0 87.9 542.3 113.4 443.4 14, 753 333.5 r 564. 4 r 394.0 '12.4 571. 1 402 6 11.6 568.4 382 5 11 4 498. 1 436 5 12 2 571.9 415 9 11.2 557.8 406 8 12 4 569 4 398 5 11 6 549. 7 411 8 9.5 572.0 409 2 10 6 558.4 398 5 12.0 530.1 414.6 11.8 580.6 '44.3 42.2 48.9 56.1 46.8 46.6 45.7 45.4 50.3 50.8 55.2 c 421.1 11.7 563. 1 52.3 '1,315.6 r 115.6 123 1 115 5 112 4 108 1 122 0 121 3 114 9 119 6 125 9 104 0 105 3 22, 923. 5 2, 037. 1 1 957 9 1 931 9 2 044 2 2 101 2 2 116 3 2 Oil 0 2 001. 6 2 120 9 2 088 8 2 175.8 2 060 8 mil. lb__ 1, 271. 5 'il, 399.2 do 28.4 !28.2 •_ mil. gal 98.1 ' 1 113. 3 DDT Ethyl acetate (85%) Formaldehyde (37% HCHO). Glycerin, refined, all grades: Production _ _ __ Stocks, end of period _ _ _ Methanol, synthetic and natural Phthalic anhydride 1,408 679.3 83.6 529. 4 114.5 460.1 15, 080 284.1 1,448 15, 964 '7,634.3 r 691. 3 1, 119. 6 84.8 r 5, 949. 2 r 527. 2 r 1,264. 2 '111.7 '4, 732. 5 '445. 5 153, 387 14 608 '3, 283. 0 ' 273. 9 1 123. 7 135.8 2.5 12.0 114.9 2.4 2 82 114.7 . 126.7 2.5 2.0 10 3 79 117.0 2.4 10 0 116.5 2.3 10 4 134.0 1.9 93 128.4 2.3 10 7 128.0 2.3 90 156.5 2.6 87 134.4 3.0 79 128.8 2.6 81 139.8 2.6 7 9 2, 839.9 7.5 247.3 10 7 33 234.4 11 3 88 229.4 11 1 91 264.3 12 8 81 256.7 13 7 10 1 250.3 13 4 8 7 263.0 13 2 8 7 253.2 13 5 87 252.3 11 3 13 2 274.1 96 10 9 252.8 10 0 99 263.4 13 9 78 290.5 do do __ mil. gaL mil. lb__ 303. 2 320.1 22.2 27.6 352.8 r' i 397. 7 458.6 i 555. 5 26.2 27.6 37.8 49.2 31.8 32.6 36.3 46.9 26 2 37.3 31.8 42.7 30 7 32.2 33.3 50.8 25 1 27 6 36.2 48.6 31 4 30 1 37.5 51.3 31 6 25 5 37.3 46.3 25 7 28 6 37.3 49.1 30 3 28 2 36.0 48.1 27 9 29 8 34.1 47.7 33 7 32.6 35.1 47.5 30 5 28 4 35.1 47.1 28 3 24 7 42.0 53.1 mil. tax gal__ do___ do _ do 691.9 684.5 192. 9 177.3 532.9 , 551. 0 64.0 68.0 59.7 192.9 46.3 5.5 51.5 186.3 50.7 4 9 54.6 191 7 43.5 49 64.2 191 2 55.6 66 54.0 187 0 52.2 56 58.9 190 4 50 8 53 55.5 190 9 50.5 61 56.9 191 1 51.0 49 54.9 196 3 45 4 53 60.6 196 9 46 1 61 74.0 197 8 '46 9 '6 7 62.7 200 3 45 8 75 _ _ r I 117. 7 rl (3) ALCOHOL Ethyl alcohol and spirits: Production Stocks, end of period. . Use for denaturation Taxable withdrawals Denatured alcohol: Production Consumption (withdrawals) _. Stocks, end of period r _ mil. wine gal ___do_ _ do 287.2 288.3 3.3 296.8 296.6 3.4 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 60 27 2 27.5 58 27 1 27.9 51 27 4 27.0 5.6 24 3 24.' 7 52 24 8 25.2 47 25 3 24.6 5.5 26 3 27. 2 44 _— thous. sh. tons, _ do do __ do 7,512 661 5,861 707 9,578 799 7,145 1,026 1,038 135 721 129 4535 431 *408 4 59 525 39 430 43 874 44 687 89 1,077 125 826 68 835 107 650 57 1,026 78 828 77 1,005 126 703 116 1,039 97 803 101 935 157 624 120 1, 119 151 805 129 944 135 674 97 895 106 666 96 2,465 250 235 877 414 2,799 200 176 1 195 363 237 12 14 112 30 11 23 99 26 9 24 123 23 14 30 159 33 17 28 204 72 17 jj 133 32 12 g 71 42 16 10 76 26 19 g 191 22 14 14 179 17 14 7 227 8 21 10 136 50 15 10 183 47 2,723 3,088 196 357 206 348 459 301 116 199 357 234 307 208 3,231 490 3,465 431 294 431 303 400 295 395 333 336 353 224 343 220 305 348 275 450 304 459 302 411 338 425 333 462 1.1 1, 206. 7 .9 1, 281. 6 .3 337.4 1, 889. 6 1 125 0 764 6 2, 002. 2 1 173 4 828 8 133.7 66 2 67 5 141 3 74 7 66 6 155 9 85 9 70 0 184 4 101 8 82 6 191 9 110 3 81 6 201 8 121 9 79 9 216 9 129 6 87 3 200 6 124 3 76 8 195 7 122 0 73 7 188 0 112 6 75 4 178 1 99 7 78 4 167 9 90 5 77 4 5,828 4,682 6,250 4,403 596 4,403 610 4,476 560 4 500 614 4 451 594 4 333 625 4 272 611 4 178 627 4 058 628 4 001 531 3 846 645 3,886 621 3,769 12.1 14.6 14 2 14 4 15 8 11 8 12 6 15 6 21.4 14.0 49 1 43 6 4 6 3 8 28 3 30 3 ^86.1 60.0 26 5 34 3 83.0 58 9 179.2 197 5 264.7 171. 7 206.6 278.8 171.4 203.2 267.6 FERTILIZERS Exports, total 9 Nitrogenous materials Phosphate materials Potash materials Imports, total semimanufactures 9 __ Ammonium nitrate Ammonium sulfate Potassium chloride ' Sodium nitrate do __ do do do do Potash deliveries (K20) -_ do Superphosphate and other phosphatic fertilizers (100%P205): Production _ _thous. sh. tons._ Stocks, end of period do MISCELLANEOUS PRODUCTS Explosives (industrial), shipments, quarterly: Black blasting powder ___ _mil. 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 period do .3 279 2 .2 387 1 .2 396 8 .2 396 3 146 8 73 4 73 4 PLASTICS AND RESIN MATERIALS Production: Cellulose plastic materials _ mil.lb 152.0 i 161. 3 Thermosetting resins: Alkyd resins do 605 9 1 593. 6 Coumarone-indene and petroleum polymer resins _ _ _ mil ib 343 7 11 354. 3 Polyester resins do 316. 6 254 9 Phenolic and other tar acid resins do i 832. 5 740.5 Urea and melamine resins do 517.8 i 570. 3 Thermoplastic resins: Styrene-type plastic materials (polystyrene) mil. lb__ 1, 494. 1 11 1,728.9 Vinyl resins (resin content basis) _ do . 1, 760. 3 2,066.8 Polyethylene _ do 2, 269. 9 i 2,613.4 r 14.2 10.3 39 0 41 9 44 4 53 9 51 1 50 0 54 5 47 7 51 6 51 8 25 3 25 9 69.0 45 3 24 g 24 5 69.2 43 0 25 4 28 9 68.8 43 6 29 33 80 47 28 34 76 44 26 33 71 46 25 35 72 48 28 39 66 40 26 32 76 46 27 31 84 55 158.0 178.4 223.8 159.8 182.2 229.1 145.5 168 8 216.2 171.9 194 4 241.2 Revised. i Revised annual total; revisions are not distributed to the monthly data. - Beginning Jan. 1965, data exclude creosote in coal-tar solutions 4(formerly included); these averaged 927,000gallons per month in 1964. 3 Not available. See note "O" for p. S-21 9 9 2 5 7 5 4 2 165.4 190 8 237.8 1 7 8 9 167 8 181 6 256^9 4 5 9 2 168 9 181 4 256.4 7 i 9 0 150.4 169 9 254.3 6 1 1 3 168 2 185 9 262'. 3 d"Data are reported on the basis of 100 percent content of the cspecified material unless otherwise indicated. 9 Includes data not shown separately. Correction. S-26 February 1966 SURVEY OF CURRENT BUSINESS Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 I 1964 1964 Annual 1966 1965 Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. ELECTRIC POWER AND GAS ELECTRIC POWER Production (utility and industrial), total mil. kw.-hr_ 1,008,081 1,078,797 95, 713 1 96, 621 88, 136 96, 601 90, 336 93, 320 96, 142 101, 631 103, 858 97, 081 95, 722 95, 299 102, 182 do do do 914, 119 748, 713 165, 406 979 749 803 834 175, 915 87 222 1 *87 979 80 206 71, 046 1 70, 729 64, 447 16, 176 17, 250 15, 759 87 839 70, 490 17, 350 81, 852 64, 997 16, 856 87, 745 68, 134 16, 610 87, 761 72, 023 15, 738 93, 102 77, 178 15, 924 95, 240 79, 571 15, 670 88, 877 73, 875 15, 002 86, 985 71, 675 15, 310 86, 723 71, 260 15, 463 do do 745 149 C 168 971 803 307 176 442 71 455 J171 137 15 767 16 792 71 185 16 655 67 036 14 816 68 959 15 786 71 916 15 845 76 062 17 040 77 925 17, 316 69 Oil 19, 866 70 998 15, 987 70, 606 16, 117 93 961 90^ 806 3,155 99 048 95 869 3,179 8 762 8 484 8,173 8 575 255 8,298 232 8 617 311 8 381 8,126 8,204 8,257 319 8 530 8*227 264 do 830 811 890 356 76 100 do do 166 516 388 399 183 539 409 356 15 001 34 802 Railways and railroads do Street and highway lighting Other public authorities Interdepartmental do do do 4 667 241 692 7 748 20 194 1 595 4 721 262 010 8 290 20 651 1 789 Electric utilities, total By fuels By \yaterpower_ _ _ _ _ _ Privately and municipally owned util Other producers (publicly owned) Industrisl establishments total By fuels By waterpower do do do _ Sales to ultimate customers total (EEI) Commercial and industrial: Small light and power § Large light and power § 8 491 1i g 642 8, 364 1 278 432 23 no 821 1 790 144 65 049 15 157 7 930 7,655 275 8,450 312 78 718 77 124 77 852 76 693 75 598 78 238 80 576 15 265 34 382 15 060 33 944 15 171 35, 485 15, 070 35, 677 15, 517 36, 336 17, 571 36, 641 18, 745 35, 851 449 441 25 812 25 058 865 1 809 136 716 1 771 134 429 24 096 763 1 764 143 393 22 882 660 1,771 140 365 357 357 8 737 8,001 203 8,497 240 8,576 8,323 252 83, 922 83, 712 80, 488 78, 551 19, 536 37, 269 19, 021 37, 183 17, 770 36, 824 16, 603 36, 707 8,407 211 353 367 24 474 '722 1,791 22 759 22, 075 1,825 1,811 21 046 23 023 655 631 644 675 1,768 1,822 1,775 1,797 149 170 181 192 167 773 169 16,517 8 702 8,438 263 381 353 24 100 20 808 93, 480 76, 963 816 158 Revenue from sales to ultimate customers (Edison Electric Institute) mil $ 13 697 2 14 408 5 1,221 4 1 262 8 1 240 2 1, 232. 4 1, 215. 6 1, 205. 1 1, 243. 2 1, 287. 0 1, 325. 8 1,332.2 1,284.0 1,242.2 GAS Manufactured and mixed gas: Customers end of period total 9 Residential Industrial and commercial Sales to consumers total 9 Residential thous do do 1 172 1 089 798 745 51 798 745 51 785 734 51 703 660 42 690 649 41 mil therms do 1 979 1 346 1 541 619 976 552 358 220 135 553 367 186 300 171 126 168 67 100 235 9 177 2 57 5 165 2 117 3 46 9 34 3 24 4 10 6 51 4 36 5 14 9 29.1 19.1 16.5 34 996 32 150 36 298 33 350 2 908 36 298 33 350 2 908 36, 438 33, 418 3 020 36, 308 33, 396 2 872 36, 290 33, 414 2*807 105 647 35' 310 65 116 114 340 37' 699 71 293 28 608 9 390 17, 887 38 799 17, 577 21, 222 27 8C5 18, 181 21, 820 3,351 17, 216 2, 624. 5 1 620 1 1 004 5 1, 676. 5 1, 126. 9 753 6 640.1 Residential Industrial and commercial do do Natural gas: Customers end of period total 9 Residential Industrial and commercial thous do do Residential Industrial and commercial do do 82 Revenue from sales to consumers, total 9 __mil. $__ 6, 482. 6 3 544 9 Residential do 2 756 2 6, 960. 2 1, 759. 5 950 3 3 772 3 761 2 2 998 1 9.0 7.4 9.7 2,836 8,529 448.8 884.9 FOOD AND KINDRED PRODUCTS; TOBACCO ALCOHOLIC BEVERAGES Beer: Production mil. bbL. Taxable withdrawals do Stocks end of period do Distilled spirits (total) : Production mil tax gal Consumption, apparent, for beverage purposes mil. wine gal-_ Taxable withdrawals mil. tax gal-Stocks end of period do Imports mil proof gal Whisky: Production mil tax gal Taxable withdrawals __do Stocks end of period do Imports mil proof gal Rectified spirits and wines, production, total mil. proof gal- _ Whisky do Wines and distilling materials: Effervescent wines: Production mil wine gal Taxable withdrawals. do Stocks end of period do Imports do Still wines: Production do Taxable withdrawals. __do Stocks end of period do Imports do 100.63 93.79 9.67 105. 90 98.64 9.99 8.10 7.71 9.99 7.75 6.54 10.73 7.34 6.32 11.30 9.22 8.43 12.08 10.05 9.24 12. 24 11.21 10.21 12.50 10. 42 9.85 12. 38 9.66 9.61 11.68 9.08 8.49 11.58 7.81 7.50 11.28 7.71 7.60 10.83 150.06 162. 94 15.53 15.03 13. 96 15.93 15.72 14.44 14.01 8.32 13.04 15.84 19.11 20. 02 258. 98 124. 18 870. 00 45.87 275. 92 133. 17 862. 42 50.60 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 10.93 868. 44 5.06 22.64 10.95 870. 39 4.66 22.49 11.30 871. 05 3.96 24.07 11.95 870. 65 4.58 22.18 9.85 866. 20 3.41 21.76 10.65 865. 42 4.33 24.01 11.84 865. 73 5.26 26.62 '16.26 865. 31 6.31 15.05 865. 18 7.31 6.73 104. 86 84.97 842. 40 40.17 112. 87 89. 44 832. 18 40.81 11.42 6.83 832. 18 5.07 11.36 6.71 834. 46 2.76 12.27 10.66 7.36 6.98 835. 65 837. 95 4,31 2.96' 11.50 6.86 840. 22 4.10 10.05 6.92 840. 97 3.43 9.08 6.94 841. 10 3.93 3.76 5.65 836. 60 3.00 9.36 6.62 836. 20 3.82 10.91 7.94 836. 22 4.68 11.85 11.12 833.24 5.64 13.16 10.47 832.11 6.53 5.95 86.89 63.29 92.23 65. 54 7.65 5.19 6.37 4.14 6.47 4.45 7.51 5.12 7.42 5.06 7.24 4.88 8.10 5.46 6.31 4.38 7.54 5.09 8.26 5.78 10.96 8.11 10. 84 7.82 4.82 4.23 2.65 1.02 5.82 5.35 2.66 1.19 .50 .75 2.66 .13 .44 .38 2.69 .06 .68 .28 3.05 .06 .77 .42 3.36 .13 .54 .41 3.47 .10 .57 .44 3.56 .12 .66 .51 3.62 .10 .32 .31 3.60 .07 .52 .41 3.66 .08 .52 .58 3.54 .09 .59 .73 3.31 .20 .77 .91 3.14 .21 .22 202. 38 157. 32 229. 07 13.35 193. 18 164. 71 231. 23 14.54 6.68 14.66 231. 23 1.54 3.36 12.35 218. 15 .51 3.04 12.68 207. 19 .84 3.05 16.25 193. 14 1.41 3.73 14.20 179. 75 1.35 3.28 12.22 170. 56 1.27 2.53 13.59 157. 01 1.27 1.48 9.91 146. 16 .86 3.92 13.57 137. 14 1.01 49.80 15.33 171. 61 1.19 112. 90 15.85 266. 87 1.37 35.72 16.25 279. 14 1.82 2.01 5.18 18.26 3.48 Distilling materials produced at wineries.- _ do 472. 91 368.04 f Revised. 1 Beginning Jan. 1965, data include Alaska a nd Hawa ii. § I)ata are not wholly comparable on year to year basis because of changes from one size clas sificatior L to 9.84 8.58 11.93 17.60 128. 60 200. 11 3.42 4.01 3.79 3.42 2.39 < CCorrected anoth er. 9 Includes data no ; shown separate!y . 80.88 Jan. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive noteq are shown in the 1965 edition of BUSINESS STATISTICS 1964 1963 Annual 1966 1965 1964 Dec. S-27 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. FOOD AND KINDRED PRODUCTS | TOBACCO—Continued DAIRY PRODUCTS Butter, creamery: Production (factory) mil. lb_. 1, 419. 7 Stocks, cold storage, end of period do 207.0 Price, wholesale, 92-score (N.Y.).......__$ per lb_. .590 Cheese: Production (factory), total mil. lb_. 1, 631. 8 American, whole milk _do 1, 108. 4 Stocks, cold storage, end of period ..do American, whole milk do.__. Imports _ do Price, wholesale, American, single daisies (Chicago). _ _ „ __. _ _$ per lb_. Condensed and evaporated milk: Production, case goods: Condensed (sweetened) _ _mil. lb_. Evaporated (unsweetened) do Stocks, manufacturers', case goods, end of period: Condensed (sweetened).— mil. lb_. Evaporated (unsweetened) do Exports: Condensed (sweetened) „ do Evaporated (unsweetened) do Price, manufacturers' average selling: Evaporated (unsweetened) Fluid milk: Production on farms mil. lb__ Utilization in mfd. dairy products do Price, wholesale, U.S. average .$per 1001b__ Dry milk: - Production: Dry whole milk mil. lb__ Nonfat dry milk (human food) do Stocks, manufacturers', end of period: Dry whole milk_._ do____ Nonfat dry milk (human food) __do Exports: Dry whole milk _ _ do Nonfat dry milk (human food) do Price, manufacturers' average selling, nonfat dry milk (human food). $ per lb._ 1, 442. 4 66.5 .599 121.0 66.5 .604 132.8 63.1 .587 126.0 71.0 .587 141.6 98.9 .587 140,2 132.1 .595 146.4 165.8 .598 135. 8 207.9 .599 106.6 219. 5 .602 85.9 192.5 .620 74.6 161. 1 .627 78.8 124.8 .636 78.2 83.0 .641 90.3 50.4 .646 1, 726. 5 1, 157. 4 137.7 84.3 132.7 87.1 128.3 83.7 153.1 100.5 162. 1 110.8 179.3 129.2 179.8 128.8 161.3 113.0 142.5 96.7 127.9 82.1 126. 8 77.3 119.4 70.0 130.0 76.1 340.7 301.6 83.0 326. 0 283.6 78.0 326.0 283.6 8.6 311.8 271.4 1.5 298.8 259.7 6.1 292.4 252. 3 9.4 310.9 271.6 8.0 342.1 299.3 7.0 378.7 333.2 6.3 402.0 354.7 4.2 415.0 364.3 4.2 386.6 340.6 5.3 351.9 310.5 6.4 335.3 297.2 9,3 305.3 268.3 11.4 .426 .434 .455 .450 .444 .444 .441 .439 .439 .439 .441 .449 .457 .470 .490 79.0 1, 897. 3 94.6 1, 888. 1 10.5 127.3 9.3 122.5 4.6 120.5 8.0 133.1 10.1 149. 4 9.4 183. 7 5.4 180.8 9.1 159.2 8.5 152.7 5,6 136.0 7.5 123.0 9.0 110.1 10.5 119.5 5.8 131.7 6.9 185.3 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 9.1 224.9 8.5 235.6 7.3 228.2 7.5 200.6 7.5 166.4 5.9 134.8 56.9 64.5 62.8 37.3 6.5 1.3 15.1 5.9 1.7 5.1 1.4 7.0 1.4 6.3 1.7 3.5 2.0 4.4 2.7 6.9 2.4 2.6 2.3 5.5 2.5 3.0 1.8 10.0 2.7 6.11 12.1 6.01 5.99 6.09 6.09 6.09 6.09 6.09 6.07 6.07 6.08 125, 009 61, 158 4.11 126, 598 62, 883 4.16 9,991 4,768 4.46 10,342 5,075 4.37 9,796 4,939 4.29 11,155 5, 765 4.17 11,416 5,942 4.02 12, 300 6,435 3.89 11, 773 6,354 3.86 10, 888 5,554 4.01 10, 151 4,800 4.18 91.0 2, 106. 1 87.6 2, 176. 8 8.3 177.2 8. 5 186.0 7.5 183.3 8.1 203.4 8,, 5 217.3 7.6 244.6 7.7 224.9 5.6 169.8 5.3 81.5 7.0 108.8 7.0 108.8 7.6 117.4 7.7 127.7 6.7 114.6 8.8 123.2 7.7 153.3 7.8 154.9 29.8 535. 0 13.9 838.6 1.1 49.7 i.7 18.3 1.2 7.6 2.2 11.1 1.8 51.0 2.7 30.3 .144 .146 .146 .145 .146 .144 .145 Exports (barley, corn, oats, rye, wheat) __ .mil. bu__ 1, 241. 1 1, 385. 8 121.5 129.7 67.3 142.4 114.8 6.13 6.11 6.12 9,443 9,473 4,055 ' 3, 866 4.41 4.55 9,134 3,722 4.62 9,592 4,070 4.60 4.7 131.2 5.4 100.6 6.2 102.0 7.3 105.2 7.6 130.7 7.6 135.5 6.8 111.5 6.0 72.9 5.0 64.8 4.3 59.3 4.6 58.6 1.2 44.4 1.1 53.0 3.1 63.3 1.1 69.2 1.8 64.6 1.8 21.5 1.2 14.0 .145 .145 .146 .147 .148 .148 .149 .150 120.4 127.3 127.5 120.3 124.3 134.8 ' 144. 2 132.4 6.07 4.53 GRAIN AND GRAIN PRODUCTS Barley: Production (crop estimate)___ Stocks (domestic), end of period.. On farms ___ Off farms Exports, including malt§ Prices, wholesale (Minneapolis): No. 2, malting No. 3, straight do do do do do 2 405. 6 332.8 202.3 130.4 57.4 $ per bu._ do 1.19 1.11 Corn: Production (crop estimate, grain only)..mil. bu__ Grindings, wet process do 2 4, 092 184.9 Stocks (domestic), end of period, total. _mil. bu__ On farms _ .do Off farms _ do Exports, including meal and flour.... __do Prices, wholesale: No. 3, yellow (Chicago) _$ per bu._ Weighted avg., 5 markets, all grades do 4,384 3,248 1, 136 439.4 2 402. 9 ' 309. 9 ' 309. 9 r 190. 1 r 190. 1 2 ' 204 8 ' 107. 0 97.8 2.5 2.3 119.9 74.4 119.9 4.3 il.2 1.21 1.13 1.25 1.19 1.27 1.21 1.31 1.25 3, 584 193.6 14.7 16.7 15.9 '3,956 '3,956 ' 2, 818 ' 2, 818 ' 1, 137 ' 1, 137 481.6 45.0 '4101 8 r440 7 4 ' 400. 7 ' 257. 2 ' 143. 5 6.8 5.0 3 411. 9 312.8 195.2 117.5 5.1 8.3 3.7 7.8 61. 1 9.3 5.2 1.31 1.23 1.33 1.23 1.39 1.32 1.39 1.27 1.34 1.23 1.28 1.26 1.27 1.25 1.31 1.28 1.38 1.36 1.34 1.33 17.5 16.8 17.3 17.1 16.8 18.5 17.3 17.9 17.4 3 4, 171 15.8 17.7 ' 2, 862 ' 1, 923 939 40.3 68.1 42.1 ' 1, 934 ' 1, 283 650 46.3 57.5 51.6 '* 1,170 ' 44604 566 43.3 48.8 52.9 73.6 4,099 3,142 957 66.7 1.26 1.28 1.29 1.26 1.33 1.31 1.36 1.31 1.33 1.26 1.28 1.21 1.28 1.23 1.19 1. 19 1.14 1.14 1.21 1.19 8.5 1.24 1.20 1.23 1.23 1.04 1.25 mil. bu__ do do _^_do 2979 773 687 85 •2880 '710 '622 88 '710 '622 88 Exports, including oatmealdo Price, wholesale, No. 2, white (Chicago) $ perbu.. 10.7 4.6 .4 .5 .7 2.3 2.9 4.3 5.6 6.9 1.1 .73 .70 .77 .78 .72 .74 .77 .77 .74 .72 .72 .71 .70 .72 .77 270.3 273.1 1,467 1,022 1,523 1,025 87 49 121 58 186 182 197 114 158 151 125 134 82 45 79 76 65 28 59 46 173 37 112 77 Oats: Production (crop estimate) Stocks (domestic), end of period, total On farms Off farms __ Rice: Production (crop estimate) mil. bags 9 _ _ California mills: Receipts, domestic, rough mil. lb_. Shipments from mills, milled rice do Stocks, rough and cleaned (cleaned basis), end of period mil. lb__ Southern States mills (Ark., La., Tenn., Tex.): Receipts, rough, from producers .mil. lb_. Shipments from mills, milled rice do Stocks, domestic, rough and cleaned (cleaned basis), end of periodmil. lb__ Exports •. do Price, wholesale, Nato, No. 2 (N.O.) $ per lb_. (15) .1 (5) 1.34 1.28 ' 4 283 '4220 4 63 '473 '402 71 (5) 1.29 1.27 3959 783 680 102 '944 '806 '139 .78 376.9 133 85 168 185 185 210 161 189 150 91 98 70 87 72 122 180 207 5,255 3,243 5,543 3,665 258 329 306 270 158 175 101 438 102 341 62 275 66 6422 238 220 907 244 1,547 385 1,403 442 482 408 337 400 1,592 2,638 .093 1,670 2,933 .086 1,670 273 .083 1,615 "119 .083 1,535 143 .083 1,225 540 .083 945 161 .084 718 392 .084 374 247 .084 334 322 .084 709 97 . 082 1, 356 151 .082 1,859 245 .080 1,787 440 p. 081 1,641 292 Rye: 233.3 Production (crop estimate) mil. bu._ 229.2 Stocks (domestic), end of period ....do 14.7 '21.3 '21.3 Price, wholesale, No. 2 (Minneapolis) __$ per bu__ 1.30 1.21 1.28 1.18 1.17 r 2 Revised. » Preliminary. * See note "O" for p. S-21. Crop estimate for the 4 year. 3 Dec. 1 estimate of the 1965 crop. Old crop only; new crop not reported until beginning of new crop vear (July for barley, oats, rye, and wheat; Oct. for corn). 1.31 1.28 1.37 1.35 333.3 4 17.6 28.5 '36.0 12.9 1.18 1.14 I. Ie 1.11 1. 10 1.13 1.15 1.17 1.13 1.18 1.25 5 6 Less than 50,000 bu. Beginning June 1965, data include shipments to Gov't. agencies c § Excludes pearl barley. Correction. 9 Bags of 100 Ib. S-28 SURVEY OF CUERENT BUSINESS Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1964 Dec. February 1966 1966 1965 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Dec. Nov. Jan. FOOD AND KINDRED PRODUCTS; TOBACCO—Continued GRAIN AND GRAIN PRODUCTS-Con. Wheat: Production (crop estimate), total Spring wheat Winter wheat Distribution mil. bu__ do do do 1 1, 291 1266 i 1, 025 1,458 362 304 328 '436 1, 327 2303 2 1, 024 370 1,450 390 1,060 1,450 390 1,060 1,146 264 882 3818 3133 3685 1,715 569 1,146 1,339 408 931 819.5 746.2 71.7 64.8 Stocks (domestic) end of period total On farms Off farms do do do 1,614 310 1,304 Exports total, including Wheat only do do 716.6 639.1 flour 2 i 1, 142 1234 1908 1,350 Prices, wholesale: No, 1, dark northern spring (Minneapolis) 1.82 2.42 2.06 $ per bu__ 1.65 1.86 2.20 No. 2, hd. and dk. hd. winter (Kans. City)_do 1.71 2.33 . 1.92 Weighted avg., 6 markets, all grades. _ do__ _ Wheat flour: Production: 263, 895 265, 621 21, 104 Flour thous sacks (100 Ib ) 86.6 93.5 92.6 396 4,941 Offal thous sh tons 4,878 599, 710 602, 209 47, 910 Grindings of wheat thous bu Stocks held by mills, end of period 5,068 5,068 thous. sacks (100 lb.)_. 4,823 2,956 33, 700 31, 475 Exports do Prices, wholesale: Spring, standard patent (Minneapolis) 5.652 5.623 5.639 $perl001b__ 5.387 5.390 5.365 Winter, hard, 95% patent (Kans. City)__do 420.8 U9.7 24.5 22.6 71.8 69.1 68.8 62.3 65.4 62.6 59.7 56.1 68.2 64.9 63.6 58.3 69.4 64.2 67.2 60.6 '55.2 51.0 59.5 55.0 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 1.86 1.50 1.64 1.79 1.59 1.70 1.84 1.61 1.76 1.84 1.63 1.72 1.88 1.65 1.76 1.87 1.64 1.75 20, 166 92.7 377 45, 750 18, 102 83.3 336 41, 042 22, 629 89.6 419 51, 068 20, 128 83.3 373 45, 511 19, 656 89.5 364 44,331 23, 500 97.1 433 53, 168 18, 689 80.9 346 42, 328 22, 169 91.6 408 50, 275 23, 307 101.8 431 52, 838 23,399 102.1 428 52, 816 21, 253 92.8 387 48. 024 4467 812 4 709 1,185 2,792 1,195 4, 846 1,554 1, 403 2,227 4,136 2,250 2,826 1,775 5.610 5.387 5.585 5.310 5.560 5.303 5.585 5.280 5. 573 5.260 5.740 5.360 6.013 5.653 5.938 5.610 5.875 5.577 5.975 *> 5. 987 5.600 P5.622 1.86 1.66 1.75 1,924 LIVESTOCK Cattle and calves: Slaughter (federally inspected) : Calves thous animals Cattle do Receipts at 26 public markets do Shipments, feeder, to 8 corn-belt States do Prices, wholesale: Beef steers (Chicago) __ $per!001b__ Steers, stocker and feeder (Kansas City)__do Calves, vealers (Natl. Stockyards, 111.), .do Hogs: Slaughter (federally inspected). __thous. animals__ Receipts at 26 public markets do Prices: Wholesale, average, all grades (Chicago) $ per 100 lb._ Hog- corn price ratio (bu. of corn equal in value to 100 Ib. live hog) Sheep and lambs: Slaughter (federally inspected) _._thous. animals. . Receipts at 26 public markets do Shipments feeder to 8 corn-belt States do Prices, wholesale: Lambs, average (Chicago) _ __ $per!00lb 4,535 21, 662 14, 072 6,612 4,820 25, 133 14, 779 7,096 449 2,254 1,245 527 404 2,166 1, 207 428 384 1,919 965 279 473 2,226 1,113 332 411 2,021 911 354 340 2,043 995 '359 378 2,219 1,152 328 387 2,238 1,045 338 428 2,337 1,254 533 478 2,406 1,304 906 470 492 2,334 2,390 1,497 1,412 1,261 '1,403 433 2, 314 1, 128 710 23.79 22.95 30.00 22.86 19. 79 26.21 23.76 18.80 25.00 23.83 19.88 28.50 23.50 19.85 30. 50 23.80 21.31 27.50 25.01 22.04 29.50 26.40 22.68 27.00 27.44 23.88 27.50 26. 71 23.22 25.50 27.01 22.97 23.50 26.93 22.92 25.00 26.33 26.58 23.02 22.88 25.00 P 26. 98 26.41 24.12 71,577 19, 757 71, 667 19, 138 6,648 1,765 6,047 1,527 5,301 1,294 6,534 1,480 5,802 1,274 4,719 1,199 4,717 1,260 4,430 1,090 4,750 1,166 5,475 1,228 5,421 1,231 5,503 1,357 5,010 1,263 15.03 14. 92 14.94 15.58 16.56 16.72 17.26 19.86 22.26 23.09 23.88 22. 49 23.19 24.07 26.85 27.26 24.8 23. 9 13.6 13.2 13.0 13.4 14.0 13.8 13.7 16.0 18.1 18.9 20.2 18.7 21.6 23.7 13, 955 5,334 2,403 12,947 4,458 2,547 1,053 336 134 1,062 278 122 850 209 129 986 227 133 989 199 136 918 229 '115 966 294 136 976 278 113 973 334 191 1,106 382 342 1,032 384 392 943 359 rl87 910 271 161 18. 69 21.93 20.62 22.25 23.88 25.00 23.25 26.50 26.00 24.75 23.75 23.00 23.50 23.75 25.88 27, 505 29, 676 2,665 2,518 2,187 2,595 2,352 2,165 2,288 2,194 2,283 2,459 2,462 2,465 2,386 453 55 '93 488 50 99 36.65 24.64 27.88 MEATS AND LARD Total meats: Production (carcass weight, leaf lard in) , inspected slaughter _ mil. lb-_ Stocks (excluding lard), cold storage, end of period mil. lb_. Exports (meat and meat preparations) do Imports (meat and meat preparations) do Beef and veal: Production, inspected slaughter. do_ __ Stocks, cold storage, end of period do _ Exports do Imports do Price, wholesale, beef, fresh, steer carcasses, choice (600-700 Ibs.) (New York) $perlb_. Lamb and mutton: Production, inspected slaughter mil. lb__ Stocks, cold storage, end of period do Pork (including lard), production, slaughter Pork (excluding lard) : Production inspected slaughter Stocks, cold storage, end of period Exports Imports Prices, wholesale: r Revised. * Preliminary. 1 Crop estimate for the year. 2 Dec. 1 estimate of 1965 crop. 689 68 108 675 44 72 610 44 87 493 37 81 442 37 93 399 45 98 400 50 102 1,370 328 16 59 1,341 305 43 30 1,188 268 6 39 1,366 259 8 73 1,235 235 4 39 1,239 216 2 62 1, 330 182 2 54 1,323 177 2 66 1,370 186 2 87 1,413 202 3 71 1,410 211 2 72 1,383 244 6 '65 1,397 270 3 61 .400 .403 .404 .403 .418 .446 .462 .446 .450 .450 .439 .435 .441 46 12 653 544 1, 466 702 665 1,088 702 65 86 416 13, 649 288 27 1,104 15, 653 328 57 841 .417 .398 703 668 19 624 13 53 13 54 12 43 11 50 11 49 11 45 11 45 10 46 10 46 10 53 10 50 13 47 12 inspected mil Ib 13, 188 13, 399 1,242 1,123 956 1,179 1,067 881 894 824 867 993 1,002 1,035 943 do do.__ do do 10, 280 277 138 211 10, 445 284 133 210 973 284 7 21 883 308 43 7 751 319 4 21 938 335 7 27 849 335 5 28 692 292 3 19 698 224 4 22 656 176 3 21 699 135 4 21 795 126 4 23 802 127 6 23 818 142 6 21 751 153 4 30 .464 .443 .458 .443 .498 .403 .483 .460 .463 .452 .472 .454 .485 .453 .498 .512 .531 .587 .563 .571 .572 .564 .542 .557 .575 .576 p. 622 .585 .616 2,117 119 538 2,151 127 682 196 127 43 14Q 175 151 423 US 149 131 30 Fresh loins, 8-12 Ib. average (New York) . .do Lard: Production inspected slaughter mil Ib Stocks, dry and cold storage, end of period. .do. ._ Exports do Pn'np. wlinlpsnlp rpfinprl ff^lrinQcm^ 41 681 33 63 410 56 104 $ nor ITi 199 13fi .148 .449 .643 139 146 158 144 122 144 122 159 138 175 62 66 62 59 82 69 98 107 143 147 21 16 10 19 13 14 29 20 18 38 P . 158 .165 .156 .140 . 144 .161 .151 .163 isn 3 Old crop only; new grain not reported until beginning of new crop year (July for wheat). 4 See note "O" for p. S-21. February 1966 S-29 SURVEY OF CURRENT BUSINESS Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual Dec. 1966 1965 1964 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. FOOD AND KINDRED PRODUCTS; TOBACCO—Continued POULTRY AND EGGS Poultry: Slaughter (commercial production) mil. Ib _ _ Stocks, cold storage (frozen), end of period, total mil. lb_. Turkeys do Price, in Georgia producing area, live broilers $perlb__ 7,249 7,546 640 560 469 526 541 563 645 683 773 847 877 819 695 364 217 357 207 357 207 340 195 300 167 252 135 213 104 176 81 158 69 175 86 237 145 341 242 468 361 390 279 314 198 .138 .137 .131 .135 .145 .150 .145 .150 .155 .155 .150 .145 .135 .140 .140 175.5 179.5 15.1 15.4 14.1 15.8 15.5 16.0 15.1 15.0 14.6 14.1 14.7 14.4 15.1 67 55 62 58 62 58 57 54 41 53 38 55 53 56 321 67 525 84 521 98 423 100 321 95 234 81 126 64 81 51 .343 .331 .308 .261 .277 .291 .308 .273 .294 .298 .341 .384 .391 .410 .411 Cocoa (cacao) beans: Imports (incl. shells) thous Ig. tons Price, wholesale, Accra (New York) $ per Ib-... 281 6 .253 268 4 .234 24.4 .240 8.0 .226 22.0 .201 25.4 .168 25.5 .164 40.2 .159 37.7 .134 26.0 .118 36.2 .161 48.5 .171 32.4 .171 27.2 .183 25.2 .213 Coffee (green): Inventories (roasters', importers', dealers'), end of period. thous. bagsd*__ Boastings (green weight). . ..__ dto 22, 815 22, 374 4,470 4,470 5,672 23, 835 9,265 22 823 7 212 2,069 728 461 156 1,296 261 2,446 525 1,659 333 1,554 386 1,831 457 1,206 278 1,556 411 1,812 551 2,666 802 2,549 736 2,254 846 .345 1,319 .479 1,395 .458 124 .450 117 .463 116 .453 123 .458 109 .453 84 .460 94 .455 75 .455 104 .445 162 .438 152 .438 144 .440 244 215 215 192 167 141 137 152 166 192 210 228 231 232 233 98 198 198 '598 1,245 2,105 3,275 3,200 3,525 3,055 2,823 2,133 1,598 1,098 973 3,766 6,478 5,505 4 407 1,908 1,903 1,006 60 64 599 1,870 167 215 110 107 215 196 197 108 1,502 250 145 245 240 83 253 239 65 401 198 98 317 191 120 «355 141 961 150 C 85 83 39 do do do 10,027 9,989 2,490 2,700 866 860 2,700 753 745 2,893 617 609 2,731 797 780 2,619 775 756 2,490 855 846 2,420 883 876 2,170 957 950 1,928 1,006 996 1,658 1, 023 1,007 1,291 sh. tons.. 4,108 4,222 143 *78 123 347 403 196 71 290 166 121 106 137 321 4,304 3 506 1,088 170 1,171- 347 91 16 132 46 5 154 35 3 238 56 20 333 138 6 373 82 9 373 72 4 194 69 6 365 156 2 422 137 10 451 71 7 -•350 85 2 430 108 8 Eggs: Production on farms mil. casesO__ Stocks , cold storage, end of period: Shell thous. cases O Frozen mil. lb_. Price, wholesale, extras, large (delivered; Chicago) $ per doz__ ( .155 MISCELLANEOUS POOD PRODUCTS Imports, total _ do From Brazil _ do Price, wholesale, Santos, No. 4 (New York) $per lb__ Confectionery, manufacturers' sales mil. $__ Fish: Stocks, cold storage, end of period.,mil. lb__ Sugar: Cuban stocks, raw, end of period thous. Spanish tons.. United States: Deliveries and supply (raw basis) :§ Production and receipts: Production .thous. sh. tons Entries from off-shore, total 9 do Hawaii and Puerto Rico., do Deliveries, total 9 For domestic consumption. _ _ _ Stocks, raw and ret, end of period Exports, raw and refined Imports: Raw sugar, total 9_ From the Philippines Refined sugar, total- _ thous. sh. tons_ do do Prices (New York): Raw, wholesale _ _ _ $ per lb__ Refined1. Retail (incl. N.E. New Jersey) ~$ per 5 lb._ Wholesale (excl. excise tax) . _ .$ per lb_ . Tea, imports 4,726 9 705 9,671 84 2,612 5,330 3, 036 5,401 2.654 5,112 612 316 114 C 826 815 1,552 C .440 1,000 786 777 ''2, 166 P 2, 608 .081 .069 .065 .069 .069 .066 .066 .068 .068 .067 .068 .068 .069 .069 .067 .688 .111 .657 .100 .583 .091 .590 .095 .598 .095 .598 .093 .588 .093 .591 .093 .595 .095 .592 .095 .591 .095 .594 .095 .596 .096 .604 P. 096 .606 thous. lb_. 126, 228 133, 592 13,084 4,066 7,176 16, 192 15, 994 10,463 11, 028 6,372 9,173 14, 543 9,123 Baking or frying fats (incl. shortening) : Production mil. lb._ 2,584.3 2,664.1 Stocks (producers' and warehouse), end of period mil. lb._ 121. 1 119.3 Salad or cooking oils: Production do 2 360 3 2 846 1 Stocks (producers' and warehouse) . end of period 118.8 mil. lb_. 145.1 Margarine: Production do 1 793 6 1,857 4 Stocks (producers' and warehouse) , end of period mil. lb__ 36.4 48.0 Price, wholesale (colored; mfr. to wholesaler or large retailer; delivered) $ per lb~ .241 .238 .239 .068 13, 724 12, 504 197.9 193. 6 204.6 213.0 210. 8 224.2 219.9 204.2 240.2 274.6 121. 1 121.4 111.0 113.6 115.8 122.3 122.9 106.4 103.2 97.6 105.7 113.1 116. 6 234.0 212.4 220.5 236.6 213.7 242.6 270.6 229.4 226.4 218.4 213.5 231.3 257.7 281.6 ' 270. 4 255.4 118.8 162. 3 166. 9 138.5 170.0 156.1 149.0 125.7 85.5 65.9 62.2 80.3 85.9 166.7 163.2 167.2 170.5 154.3 142.0 145.1 142.9 148.6 164.9 161.6 168. 7 175.5 48.0 50.3 44.6 53.1 51.5 51.5 47.0 48.5 44.5 41.9 47.2 45.3 41.6 .260 .256 .259 .263 .263 .263 .263 .263 .261 .261 .261 v. 261 41.1 25.9 46.9 27.0 47.3 34.1 43.3 36.3 39.9 37.5 45.3 35.8 39.6 34.8 40.6 30.4 43.1 39.7 45.5 47.5 45.1 45.3 48.9 ' 36/5 FATS, OILS, AND RELATED PRODUCTS Animal and fish fats:A Tallow, edible: Production (quantities rendered) mil. lb__ 527.9 Consumption in end products __do 443.7 Stocks (factory and warehouse), end of period mil. lb__ 35.6 Tallow and grease (except wool) , inedible: Production (quantities rendered) do 4, 156. 5 Consumption in end products. do 2, 206. 5 Stocks (factory and warehouse) , end of period mil. lb__ 377.1 Fish and marine mammal oils: Production do 185 8 Consumption in end products . _ do__ _ 89.2 Stocks (factory and warehouse) , end of period mil. lb_. 145.2 r l Revised. * Preliminary. See note "O" for p. S-21. O Cases of 30 dozen. d* Bags of 132.276 Ib. 553.2 464.0 44.6 29.6 41.7 41.7 46.4 45.3 41.7 35.0 34.9 29.8 27.6 23.9 21.5 22.6 26.0 31.1 4, 565. 7 2, 301. 4 381.6 198.0 378.9 184.2 354.8 170. 1 380.3 184.0 350.7 172.5 351.0 179.6 352 2 181.6 325.1 149.5 343 9 195.0 368 7 187. 7 355. 8 184.5 364.7 r 190. 1 376.4 179.2 366. 4 366.4 436.9 439.9 447. 8 418.9 371.7 353.5 354.5 320 4 351 3 368.3 391.5 413. 8 180 2 80.9 5.7 6.0 .5 5.7 .5 6.0 9.9 6.5 22.3 5.7 40.1 6.8 40.6 6.4 37.7 7.6 17.8 7.1 9.1 6.8 r 8.2 r 139.9 139.9 145.7 126.9 .5 6.4 8.5 2.8 7.0 118.0 116.0 126.4 148.1 177.5 ' 201. 4 180. 5 166.1 204.4 192.1 9 Includes data not § Monthly data reflect cumulative revisions for prior periods, shown separately; see also note "§". c A For data on lard, see p. S-28. Correction. S-30 SURVEY OF CURRENT BUSINESS Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual 1966 1965 1964 Dec. February 1966 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. 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 period mil Ib Imports do Corn oil: Production: Crude do Refined __ _ _ . do Consumption in end products do Stocks, crude and refined (factory and warehouse) end of period mil Ib Cottonseed cake and meal: Production thous sh tons Stocks (at oil mills) , end of period do Cottonseed oil: Production: Crude mil Ib Refined do Consumption in end products do Stocks, crude and refined (factory and warehouse) end of period mil Ib Exports (crude and refined) do Price wholesale (drums' N Y ) $ per Ib Linseed oil: Production, crude (raw) mil Ib Consumption in end products do Stocks, crude and refined (factory and warehouse) , end of period mil Ib Price wholesale (Minneapolis) $ per Ib 348 3 554 5 726 1 i 327 6 506 0 765 4 (i) 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 24 9 25 6 44.5 30 6 41.4 63.2 19 7 35.6 59.6 199 5 372 2 154 0 397 1 154 0 61 143 2 71.8 148 0 64 3 166 2 42.6 169 7 47.3 181.3 38.8 156 0 22.7 137.8 0 123.5 7.1 114.9 24.8 390.5 363.3 353 0 413 9 393.1 412 2 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 36.4 31.1 35.8 38.8 37.9 35.3 40.7 34.8 36.6 40.1 39.0 38.5 36.5 '37.3 37.6 35.8 35.3 36.6 64 8 40 1 40 1 39 4 39 3 41 7 41 5 38 4 39 6 39.3 38.5 35.4 32.0 28.6 26.1 2 703 4 188. 0 2 705 7 126.8 325 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 98.9 168. 5 71.9 110.8 191.0 77.7 297.9 91.0 338.4 96.1 330.9 86.1 1 917 0 1, 577. 3 1 217 2 1 932 8 1, 600. 0 1 410 0 233 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 98.9 121 5 72.6 92.1 105. 8 50.0 80.3 113.0 132.7 95.3 133.4 212.1 149.0 145.9 236.5 173.1 130.3 230.2 186.4 126.3 694 0 365 3 153 506 3 603 5 141 506 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 .138 420 6 41.5 .137 292.5 54.6 .135 236.2 30.6 P. 135 243.6 f 270. 9 18.1 37.9 283.4 48.8 399.1 383 9 443.6 377 2 34.7 25 8 34.7 17 9 31.9 18 8 39.5 21 4 28.5 20 5 22.3 22 3 31.3 23 4 15.7 21.5 37.2 21.0 48.7 20.4 45.9 18.8 33.5 17.1 40.9 16.3 111.8 127 185.5 134 185.5 139 199.3 139 204.2 139 214.8 139 212. 3 139 205.0 139 198. 2 .137 184.6 .134 180.7 .133 184.7 .128 188.2 .128 199.9 P. 128 213. 5 10 635 2 1 009 4 I 001 9 102.6 ' 102. 6 ' 186*. 8 877 5 199.0 956 8 181.7 882 0 194.0 944 1 239.5 856.2 205.3 846.4 163.7 856.5 133,9 697.2 74.2 999.7 1, 125. 6 1, 135. 2 74.6 97.2 104.3 Soybean cake and meal: Production thous sh tons 10 800 8 ' 159. 5 Stocks (at oil mills) , end of period do Soybean oil: Production: 5, 053. 2 Crude mil Ib 4, 033. 7 Refined do Consumption in end products do 3 837 8 Stocks, crude and refined (factory and ware1 024 0 Exports (crude and refined) do 1 102 6 Price wholesale ( refined* N Y ) $ Der Ib 133 TOBACCO Leaf: Production (crop estimate) mil Ib Stocks, dealers' and manufacturers' end of period mil Ib Exports incl scrap and stems thous Ib Manufactured: Production (smoking chewing snuff) Consumption (withdrawals): Cigarettes (small): Taxable Cigars (large) taxable Exports cigarettes 28 7 42.3 60.8 38.2 39.9 57.1 106.8 ' 127. 0 34.4 18.7 36.8 38.5 60.3 154.4 11.1 4 943. 8 4, 591. 8 4 423 6 464.8 370.5 338 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 3 406.0 390.9 397.5 403.2 340.2 362.6 408.2 375.8 373.8 329.5 357.6 385.3 474.8 353.2 366.2 510.1 423.2 399.9 519.8 445.2 429.1 544 2 1 273.2 ' 1?3 544 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 85.1 129 522 1 78.2 121 499.0 61.0 121 423. 0 99.3 132 297.4 89.9 .138 373.0 28.5 .132 401.1 36.6 P. 137 374.8 168.7 3 1, 913 2 2 344 2 2 227 5 251 505 484 167 823 5 664 514 514 179 651 5 664 69 936 9 001 90 gQ2 5 984 7 025 13 440 5 596 43 %6 53' 208 42? 519 38 749 35 737 15 163 5,228 36 116 16 687 36 137 14 210 32 554 16 181 5,320 50, 425 15 382 44, 051 13, 061 71, 273 14 937 do 167 *>26 180 055 12 849 13 583 12 677 15 449 14 213 13 143 15 140 12 112 15 032 14, 847 14, 956 13, 666 do do 41 088 509, 588 6 565 164 511 23' 615 42 643 497, 446 8 106 175 808 25 144 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,' 841 714 13 228 2,795 3 846 47, 063 659 14 904 2,109 3 672 39, 727 607 12 636 1,831 4 907 46', 647 697 14 553 1, 984 4 021 44, 084 658 14 024 1,948 3,747 41, 771 670 14, 505 1,920 3 694 43, 446 689 12, 651 1,701 2,290 millions 62, 288 11, 527 LEATHER AND PRODUCTS HIDES AND SKINS Exports: Value, total 9 __thous. $._ Calf and kip skins __ thous. skins__ Cattle hides-thous. hides.. Imports: Value, total 9 --thous. $__ Sheep and lamb skins __thous. pieces._ Goat and kid skins do Prices, wholesale (f.o.b., shipping point): Calfskins, packer, heavy, 9^/15 Ib $ per lb__ Hides, steer, heavy, native, over 53 Ib do 74,578 1,858 7,971 92,693 2,391 11,504 7,922 228 1,021 4,531 130 788 5,150 130 702 6,037 253 1.214 10,244 226 1,324 11,809 210 1,496 10,023 218 1,219 9,720 186 1,147 8,131 190 928 7,737 190 841 10,513 161 1,339 9,655 253 1,036 12,703 311 1,277 63,035 26,310 14,774 81,879 30,455 12,882 5,664 1,378 925 2,627 616 377 6,213 2,246 11,659 6,322 1,687 9,330 4, 288 1,893 7,353 2,799 1,409 6,298 1,825 1,430 7,664 3,763 820 5,545 1, 999 1,282 6,772 2,607 1,225 2,271 966 1,382 5,751 1,732 1,391 P. 365 *. Ill p. 414 p. 106 .500 .114 .500 .104 .105 .520 .105 .520 .116 .550 .139 .525 .134 .525 .156 .550 .194 .550 .174 .575 .166 P. 575 p. 159 2,033 1,235 2, 508 506 2,022 1,248 2,505 532 1,952 1,162 2,646 574 1,984 1,317 2,637 397 1,575 1,071 1,902 1,979 973 2,723 464 1,955 1,066 2,558 2,037 1,296 2,469 537 2,068 1,434 2,714 7,136 6,577 6,804 5,207 4,836 5,627 5,420 7,469 7,023 .700 .710 .710 .710 .790 .765 .735 P. 750 LEATHER Production: 565 6,535 Calf and whole kip thous. skins. _ 5,596 1,884 1,875 Cattle hide and side kip thous. hides and kips.. 21, 654 22,834 1,895 Goat and-kid... thous. skins.. 14.182 12,874 1,120 1,147 1,085 2,450 34,374 31,548 2,333 2,261 Sheep and lamb_ _do Exports: Glove and garment leather thous. sq. ft._ 55,686 46,496 3.955 j 42, 849 4,486 Upper and lining leather do 42, 582 3; 496 41,081 Prices, wholesale: Sole, bends, light, f.o.b, tannery _$ per lb_. p. 678 *. 662 .695 Upper, chrome calf, B and C grades, f.o.b. tannery . _ _ . _ $ per sq. ft.. *> 1.151 9 1.200 1.223 1.237 1.237 r Revised. » Preliminary. 1 Data withheld to avoid disclosure of individual operations; annual total is for 12 months. 2 Crop estimate for the year. 6,818 1.247 p 1.253 1.230 1.248 1.252 1.238 1.238 1.237 1.243 3 Dec. 1 estimate of the 1965 crop. 4 Effective Jan. 1965, data are for all leather, except sole and rough; see note "O" for p. S-21. 9 Includes data for items not shown separately. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 1966 1965 1964 Jan. Dec. Annual S-31 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. LEATHER AND PRODUCTS—Continued LEATHER MANUFACTURES Shoes and slippers:! Production, total thous pairs Shoes, sandals, and play shoes, except athletic thous. pairs Slippers _ do Athletic do Other footwear... . do Exports 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 welt 1957-59—100 Women's pumps, low-medium quality do 604 328 612 789 49 312 52 426 52 779 59 926 52 365 49 436 51 145 46 268 57, 105 53, 859 51, 760 50, 270 509 722 77, 619 9 753 7,234 516 124 79, 267 7 116 10 282 42 433 5,549 46 800 4,876 46 388 5,585 51 817 7,223 44 837 6,699 41, 557 7,097 43, 084 7,241 48, 184 8, 185 44, 358 8,714 353 159 549 187 40, 969 8,566 580 202 571 216 41, 795 9,224 587 233 39, 782 5,974 2 037 1 912 145 1Q8 190 291 247 171 115 191 231 237 105.1 105 9 108.0 108.0 108 0 108. 0 109.6 109.6 109.6 109.6 110. 1 110.1 116.5 116.5 106 5 110.7 106 5 111 0 106 5 111.5 106 5 111.1 106 5 111.1 106 5 111.0 106 5 111.2 106.5 111. 3 106. 5 111.2 106.5 112.8 106.5 112.4 106.5 112.4 109. 7 117.3 109.7 116.6 559 771 559 191 629 177 702 184 629 200 503 238 285 544 191 255 221 i LUMBER AND PRODUCTS LUMBER— ALL TYPES National Lumber Manufacturers Association: Production, total mil. bd. ft Hardwoods. _ do Softwoods do 34, 546 6 725 27, 821 35 408 5 891 29 517 2 642 2 488 2 723 3 270 2 981 2,980 2,969 3, 262 3,349 3,128 2,970 478 470 3,111 485 2 201 2 023 2 238 2 792 2 511 2,447 2,572 2,451 2,710 2,842 2,589 2,431 441 465 533 539 518 552 507 539 539 Shipments, total Hardwoods Softwoods _ _ _ do do do 34 410 6 513 27 897 35 587 6 290 29 297 2 556 2 657 2 807 3 107 3 088 3 112 3 2^9 3 193 3,208 3,163 515 3,316 2,888 539 2 067 2 137 2 250 2 557 2 560 2 555 2 690 2 678 2 768 2 671 2,595 2,338 Stocks (gross) , mill, end of period, total, Hardwoods Softwoods do do do 6, 587 1 971 4,616 6,434 1 536 4 898 6,434 1 536 4 898 6,274 1 474 4 800 6 180 1 394 4 786 6,225 1 312 4 913 6,106 1 250 4, 856 5,974 1 224 4 750 5,864 1 224 4,640 5,645 1 226 4,419 5,566 1 229 4,337 5,698 1 196 4, 502 5,676 1,161 4,515 5,733 1,147 4,586 do do 957 5,240 72 319 1 5,344 180 50 378 84 520 76 394 81 411 70 532 86 500 85 513 77 449 87 429 67 412 8,294 8, 916 607 691 607 858 750 550 656 802 676 814 684 782 682 814 624 838 673 773 654 719 550 739 518 752 523 8 279 8 267 625 639 663 716 867 782 820 806 804 872 712 788 777 747 1,038 1 115 1 200 1,172 1 104 1,021 788 792 998 832 823 1,215 742 785 1,075 721 643 772 771 950 8 967 8 845 1 075 1,007 1, 043 1,073 367 138 228 369 136 233 27 7 19 *35 26 3 17 33 11 22 32 11 21 35 11 24 28 7 21 38 15 23 32 7 25 34 9 25 40 12 29 26 5 22 82.27 P81.86 Exports, total sawmill products Imports, total sawmill products _ SOFTWOOD Douglas fir: Orders, new Orders, unfilled, end of period Production Shipments Stocks (gross) , mill, end of period mil. bd. ft. do do do do Exports, total sawmill products do Sawed timber do Boards, planks, scantlings, etc do _ Prices, wholesale: Dimension, construction, dried, 2" x 4", R. L. $perMbd. ft._ Flooring, C and better, F. G., 1" x 4", R. L. $ per M bd. ft Southern pine: Orders, new mil. bd. ft Orders, unfilled, end of period do Production... do Shipments do Stocks (gross) , mill and concentration yards, end of period mil bd ft Exports, total sawmill products . M bd. ft Sawed timber do Boards, planks, scantlings, etc do___ Prices, wholesale, (indexes) : . Boards, No. 2 and better, 1" x 6", R. L. 1957-59=100-. Flooring, B and better, F. G., 1" x 4", S. L. 1957-59=100 Western pine: Orders, new „ mil. bd. ft Orders, unfilled, end of period do Production ___ _do Shipments do Stocks (gross) , mill, end of period do Price, wholesale, Ponderosa, boards, No. 3, 1" x 12", R. L. (6' and over) „ $ per M bd ft 877 535 520 489 1 70 ig 25 557 550 528 557 548 537 568 550 79.91 81.14 78.69 82.60 83.45 82.64 81.69 81.22 80.01 80.84 83.34 83.46 134. 22 153. 07 155. 52 155. 52 157. 64 158. 19 158. 19 158. 19 157. 10 157. 10 155. 79 155. 79 6,095 6,346 281 459 281 583 357 475 346 568 341 582 381 618 380 579 374 605 387 615 388 591 373 572 367 534 349 6,013 6 064 6 346 6 321 528 438 500 507 498 486 566 573 560 572 519 589 540 585 562 592 543 614 582 606 548 578 541 552 1,337 76, 973 9,981 66, 992 1 362 102, 684 11, 709 90, 975 1, 367 4,790 1 360 12, 117 1 348 10, 932 1 278 12 380 1 233 9,126 1,203 8,136 1,132 8,762 1, 108 6,212 1,078 89694 1,067 9,466 256 1 362 9,471 1,187 8, 284 1 1 355 2, 515 92.7 92.0 92 3 92.5 92.6 92.3 92.0 92.5 93.4 95.0 96.0 96.2 98.0 95.2 95.3 95.6 95.6 95.6 95.6 96 0 96 0 96.3 96.8 97.3 98.2 98.8 99.1 10,085 10, 565 463 848 463 813 537 806 479 960 524 889 511 906 505 947 532 1,064 1,025 935 507 943 491 774 456 9,984 10 084 1,679 10 579 10 449 1 809 809 798 646 738 766 865 965 916 923 912 938 921 839 809 1 617 1 666 1 613 1 624 1 641 1 005 1 553 969 959 1,716 1 068 1 055 1,566 1,124 1,809 1,736 1,746 1,776 67.42 65.49 63.15 63,66 68.44 70.55 70.70 70 33 68.28 66.65 66-34 67.53 67.07 "65.53 34.6 10.5 33 6 32 5 31.9 10.1 28 5 31.2 21 10.1 2 3 2 4 2 5 10.7 2 2 18 2 8 12.0 2 5 2 4 2 4 11 8 2 6 2 4 5 0 2 11 2 2 4 3.1 3.4 2.6 2.9 11.9 2 4 30 38 19 11 4 2 2 2 9 31 2,6 11 8 • 2 9 32 11.4 2 6 11.1 2 3 11.8 2'7 3.0 2.5 3.1 2.0 2.1 2.8 63 2 47 7 64.3 63 7 58 5 71 54 64 66 56 72 2 61 9 61 7 69 56 65 70 46 73 2 62 2 63.5 67 9 42 9 83 70 68 72 37 71 6 70.2 70.7 71 4 37 0 64.0 69.2 64.6 66.4 34.9 62.0 69.8 63.9 61.4 35.8 848 901 590 917 526 954 87 6 80 155. 79 P156. 40 92.5 347 131 444 7,451 HARDWOOD FLOORING Maple, beech, and birch: Orders, new Orders, unfilled, end of periodProduction Shipments Stocks (gross) , mill, end of period Oak: Orders, new Orders, unfilled, end of period Production Shipments Stocks (gross) , mill, end of period r Revised. 1 * Preliminary. See note "O" for p. S-21. mil bd ft do do do do do do do do do 7.1 819 7 36.9 832.1 829 5 46 6 4.0 4.0 4.3 2 8 11.5 2 3 21 4 6 819 6 35.6 842.2 824 2 54.5 54 8 35 6 67.0 58 8 54 5 65 8 39 4 65.0 62 0 57 5 58 3 45 8 60.1 54 7 60 2 4.6 2 6 9 2 7 4 6 5 6 8 Q9 Q 51 8 44 5 2 1 0 7 3 0 9 5 7 t Revisions for Jan.-Oct. 1964 are shown in Bu. of Census report M31A(64)-13. S-32 SURVEY OF CUEEENT BUSINESS Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS ; 1963 1964 Annual 1966 1965 1964 Dec. February 1966 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. METALS AND MANUFACTURES IRON AND STEEL Exports: Steel mill products thous sh tons Scrap. do Pig iron do 2,224 6,364 70 3,435 7,881 176 353 624 10 Imports: Steel mill products Scrap Pig iron _ 5,446 222 659 6,440 299 751 74,086 44, 655 29, 432 74, 621 7,945 U15 1281 162 344 3 281 770 3 230 597 5 200 623 2 177 472 1 188 711 1 195 561 2 204 550 2 254 334 1 218 509 1 274 417 6 523 23 49 347 19 29 452 16 32 1,025 18 28 908 .21 68 1,014 17 99 1,192 28 80 1,094 17 67 1,061 22 96 786 15 114 892 18 101 939 20 96 671 24 106 84, 093 52,262 31, 831 84, 626 7,413 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 8,446 5,174 3,272 8,529 6, 915 8,300 5,002 3,298 8,248 6,960 8,111 4,890 3,221 8,043 7,027 8,083 4,863 3,220 8,021 7,066 7,569 4,728 2,840 7,582 7,051 7,608 4,731 2, 877 7, 515 7,184 26.78 27.00 32.77 34.70 36,98 40.00 36.61 39.00 35.79 38.00 35.41 36, 75 35.52 37.50 35.66 38.50 33.88 35.00 33.84 35.00 32.73 35.00 30. 67 31.00 29.30 32.00 "29.57 "32.00 Iron ore (operations in all U.S. districts): Mine production thous. Ig. tons.. 3 73, 599 Shipments from mines do 3 74, 387 Imports _ _ do 33, 488 384,836 385,184 42, 416 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 10, 102 11, 333 5,106 10, 508 12,481 4, 505 10,851 11, 699 5,128 10,282 10,366 3,894 8,892 9,955 4,093 4,543 6,294 4,131 101, 502 118, 325 6,249 104, 029 122, 197 11,472 6,816 6,963 309 ' 77, 503 ' 71, 677 70, 490 ' 11, 099 10, 752 9,565 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 15, 256 11, 083 950 55,909 15, 392 38, 923 1,594 15, 929 11, 133 1,037 58, 931 13, 420 43, 710 1,801 15, 367 10, 897 1,033 62, 675 12, 572 48, 181 1,922 13, 224 9,764 544 66,357 12,486 51, 641 2,230 12,929 8,976 778 69, 466 11,424 55, 594 2,448 10, 050 8,213 331 70, 718 10, 732 57, 430 2,556 53, 997 2,494 _ do do do (12) Iron and Steel Scrap Scrap for consumption, total thous. sh. tons_. Home scrap produced do Purchased scrap received (net) do Consumption total do Stocks consumers' end of period do Prices, steel scrap, No. 1 heavy melting: Composite (5 markets).. $ perlg. ton-Pittsburgh district do Ore U.S. and foreign ores and ore agglomerates: Receipts at iron and steel plants do Consumption at iron and steel plants do Exports do Stocks, total, end of period _-___do At mines do At furnace yards do At U.S. docks do 3,123 5,266 8,699 437 61, 057 5,347 57, 184 3,741 57, 184 3,741 3,981 11, 522 2139 65, 179 12, 310 49, 643 3,226 1,004 1,032 108 97 104 71 122 97 109 74 115 105 125 98 154 71, 917 72, 689 85, 601 86,382 7,958 7,955 8,013 8,012 7,312 7,362 8,204 8,309 7,951 8,030 8,195 8,165 7,849 7,864 7,780 7,836 7,661 7,762 6,690 6,310 5,880 6,327 2,806 2,461 2,461 2,461 2,458 2,374 2,300 2,402 2,508 2,505 2,416 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 63.0° 63.50 62.75 63.00 63.50 62.75 63.00 63.50 62.75 63.00 63.50 62. 75 62. 75 63.00 "63.00 63.50 "63.50 62.75 719 12, 764 7,090 855 14, 316 8,131 924 855 1,202 1,241 699 682 • 949 1,201 674 974 1, 425 '814 940 1, 404 816 960 1,376 822 917 1,454 869 925 1, 282 771 892 1,302 815 881 1,322 777 ••876 ' 1, 273 '732 848 1,223 697 88 933 523 122 1,001 589 122 83 49 123 95 54 130 90 50 136 109 61 139 100 56 152 96 53 144 105 60 165 81 44 171 81 50 116 90 54 '172 '95 54 177 93 52 127, 076 130.5 11, 612 140.7 11, 830 143.4 10, 866 145.8 12, 347 149.7 11, 966 149.9 12, 012 145,6 11, 593 145.2 11, 551 140. 0 11, 324 137.3 9,949 124. 6 9,296 112.7 8,822 110.5 337 1,835 1,467 337 163 127 370 158 124 334 159 125 363 181 145 362 173 137 355 164 131 357 178 143 368 134 105 389 152 120 393 171 188 404 '160 '128 430 158 129 459 ' 1, 725 ' 1, 321 459 156 117 485 155 125 491 159 126 494 192 151 484 173 135 512 162 127 510 172 134 544 152 114 568 ' 154 114 569 172 134 573 178 139 84, 945 4,229 6,085 8,491 1,395 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 7,699 379 590 833 101 8,634 403 606 856 101 6,698 333 516 827 96 6,237 265 523 833 99 6,200 323 512 777 111 6,061 313 529 698 143 1,157 13,199 1,170 1,199 Bars and tool steel, total __ _. do _ _ 11, 665 786 8,401 755 848 7,568 Bars: Hot rolled (incl. light shapes) do _.. 186 201 3,229 266 2,683 Reinforcing- __ _ do 160 1,467 139 155 1,319 Cold finished do 601 688 8,137 671 7,043 Pipe and tubing . __ _ do. _ 280 273 3,105 227 Wire and wire products do 3,138 636 415 635 6,083 5, 858 Tin mill products ____do 31,042 34, 222 3,286 3,415 3,256 Sheets and strip (incl. electrical) , total. _ . do 929 901 955 8,826 9,948 Sheets: Hot rolled do 1,507 1,572 1,610 15, 699 Cold rolled do 14, 510 Steel mill products, inventories, end of period: 12.5 11.2 11.9 9.3 11.2 Consumers' (manufacturers only) __ mil. sh. tons5.9 62.4 6.0 6.0 Receipts during month _ __• _ _ do 57.7 5.3 60.5 5.3 5.3 56.8 Consumption during month do.__ 4.1 4.1 4.1 4.1 Service centers (warehouses) . _ _ - _ - _ _ _ _ _ do _ - 3.5 Producing mills: 9.2 9.0 9.1 In process (ingots, semifinished, etc.) do.-_ 7.8 9.1 8.4 8.6 8.7 8.7 7.2 Finished (sheets, plates, bars, pipe, etc.)-do__.0837 4 . 0705 4 . 0715 4 . 0715 .0837 Steel (carbon), finished, composite pricef _ _$ per lb_ 2 ' Revised. " Preliminary. * See note "O" for P- S-21. Less than 500 tons. 3 4 Revised total; monthly revisions are not available. See note "J" for this page. 1 Beginning Jan. 1965, the composite reflects substantial changes in products and weights used and is not comparable with earlier periods. The new composite price is based on AISI 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 1,211 767 298 138 744 268 521 3,052 893 1,409 1,328 836 315 167 877 323 733 3,406 1,009 1, 538 1,083 644 291 139 588 248 275 2,733 797 1, 178 1,036 626 264 137 566 228 360 2,327 662 985 972 592 237 132 534 226 631 2,H6 600 880 964 587 233 134 592 240 302 2,280 656 997 13.7 7.3 6.1 4.1 15.1 7.4 6.0 4.2 15.5 6.2 5.8 4.2 15.8 6.2 5.9 4.2 16.3 5,5 5.0 4.4 17.2 6.0 5.1 4.6 17.0 5.2 5.4 4.6 15.6 4.7 5.6 4.6 ' 14. 3 4.4 '5.7 '4.5 " 13.1 4.5 5.7 4.4 Manganese (mn. content), general imports do Pig Iron and Iron Products Pig iron: Production (excluding production of ferroalloys) thous. sh. tons__ Consumption do Stocks (consumers' and suppliers'), end of period thous. sh. tons__ Prices: Composite $ per Ig. ton-Basic (furnace) do Foundry, No. 2, Northern do Castings, gray iron: Orders, unfilled, for sale, end of period thous. sh. tons.. Shipments, total do For sale do Castings, malleable iron: Orders, unfilled, for sale, end of period thous. sh. tons. _ Shipments total do For sale do 62. 75 Steel, Crude, Semifinished, and Finished Steel ingots and steel for castings: Production thous. sh. tons__ 109, 261 112.5 Index daily average 1957-59—100 Steel castings: Orders, unfilled, for sale, end of period 262 thous. sh. tons_. 1,504 Shipments, total _ . do _ _ _ For sale, total _ do 1, 197 Steel forgings (for sale) : 342 1,553 r<i -, -,? ( -, - - - - - - - - -_ -~o._ 1,177 Steel products, net shipments: Total (all grades) Structural shapes (heavy), steel piling Plates Rails and accessories. do do do do _ 75, 555 3,152 5,316 7,234 1,106 9,627 "10,'581 116.7 " 128. 3 8.5 '8.3 8.3 8.2 8.2 8.4 8.2 8.1 7.8 7.9 7.8 7.3 7.4 7.3 7.0 7.5 7.3 7.1 8.4 6.7 . 0839 . 0838 .0837 .0837 .0837 . 0837 .0837 .0837 .0837 .0837 net shipments of carbon steel and is the average price of all finished carbon steel products (except rails and wire products) weighted by tonnage. Prices used are base prices at Pittsburgh; the average includes an additional 25% for "extra" charges but does not include freight. SURVEY OF CURRENT BUSINESS February 1966 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 Annual S-33 Dec. 1966 1965 1964 Jan. Feb. Mar. Apr. May June Aug. July Sept. Oct. Nov. Dec. Jan. METALS AND MANUFACTURES—Continued IRON AND STEEL— Continued Steel, Manufactured Products Fabricated structural steel: Orders, new (net) . _ Shipments. Backlog, end of period 341 413 thous. sh. tons _ » • _. _ do do 4 034 4,097 2 322 4 500 4,241 2 712 417 294 438 383 327 411 415 365 2,740 413 365 2 712 3, 751 3,022 3,071 3,279 3, 245 3,268 3,176 3,179 3, 177 3,199 Barrels and drums, steel, heavy types (for sale) : Orders, unfilled, end of period.. thous Shipments do Cans (tinplate), shipments (metal consumed), total for sale and own use thous sh tons 1 119 23 063 1 154 24 312 1 154 1 959 1,243 1 711 1,303 1 665 1,281 2 267 1,372 2 200 1,280 2 057 1,251 2 171 1, 264 2,001 1,300 2,126 1, 323 2,045 1,273 1,975 4 621 4 737 331 318 368 343 472 372 421 458 538 497 2 312 5 703 o 2 552 7 657 0 222 6 54 0 222 7 56 0 203 2 56 0 230 0 62 0 226 6 62.0 237 0 63.0 227 6 66.0 235.1 57.0 234.9 62.0 415 8 41 3 165 3 392 4 49 7 208 6 27 8 3 7 20 3 12 9 11 17 5 33 4 39 15.6 46 2 5 2 27 7 41 7 5 0 13.1 51 1 65.6 51.4 5.1 45.6 5.6 18.3 16.7 19.0 15.7 99 1 .2262 96 9 .2372 96 5 .2434 107 5 .2450 97 7 . 2450 81 0 .2450 75 9 .2450 63.4 .2450 79.4 .2450 83.0 .2450 289 7 257 2 995 2 207 2 7 060 0 4 831 4 2 273 9 2 1 253 7 0 0 0 2 530 6 401 5 187 8 2 113. 2 614 7 414 3 196.2 116 7 778 528 263 136 6 5 5 4 726 3 531 1 275 4 122.2 785 1 535 8 270.1 115.0 713 9 517 6 248.0 121.7 599.0 436.9 201.4 96.6 1 246 8 1 656 4 1 259 9 396 5 332 4 111 8 156 1 121 9 34 2 33 7 115 7 146 6 115 0 31 6 31 4 r 107 0 r 122 0 150 1 118 8 31 3 35 4 r H7 i 150 0 109 5 40 5 35 5 119 1 144.6 116.6 28 0 37 9 r 11(5 8 4 0 3 2 105.8 143.8 116.1 27.7 34.4 541 6 118 4 584 8 137 7 69 8 14 0 26 2 6 7 45 4 8 2 35 5 12 6 65 7 10 8 31 1 9.7 58 4 12.9 360 5 311 5 1 754 5 430 6 316 2 1 859 2 58 0 37 o 160 2 i 21 5 1 15 4 166 4 32 7 26 2 167 5 63 5 48 3 178 5 43 2 34 7 164 9 43 6 36 5 171 1 145 3 82 8 .3060 149 6 110 0 .3196 149 6 110 0 .3370 158 2 91 9 .3360 146 4 83 0 .3360 119 9 74 9 .3360 126 6 79 3 .3360 112 3 76 7 .3545 2 465 1 711 2 787 1*992 1 063 664 957 253 4 493 5 286 0 541 6 r 25 0 41 g 24 0 44 3 23 3 45 9 26 5 51 5 26 1 46 2 22 0 46 7 22 4 48 1 22 6 40 5 25 5 42 4 25 7 48 0 25.5 48.4 24.7 45 8 24.6 334 2 26 3 1 202 1 106 6 31 2 103 0 26 5 98 5 29 8 102 2 21 7 99 4 18 7 99 4 25 8 102 6 37 1 86 1 32.3 103 1 24.2 105 3 37.7 111.2 25.1 108.5 34.3 106.8 358 309 386 316 570 318 439 351 458 363 337 329 r 325 413 3, 151 406 393 218.7 56.0 237.2 236.5 39.6 42.8 41.6 55 3 17.6 13.2 14.5 18.1 81.1 .2450 71.0 .2450 76.8 .2450 75. 0 .2457 . 2450 648 4 456.2 200.7 103.1 636.9 461.1 201.0 117.2 '636 2 ' 461. 6 ' 191. 4 117.5 679 2 477.2 197.9 124.2 109 4 139.4 113.0 26.4 33.4 107.9 133.1 101.1 32.0 36.6 115.1 143.5 107.4 36.1 40.9 109.0 137.6 106.6 31.0 36.7 109.8 144.0 114.3 29.8 41.0 29.9 36 7 39.0 11.4 55.4 18.3 63.8 16.4 36.3 11.8 29 3 18 9 187 8 30.7 23.0 124 5 33 3 26.0 178 0 32.2 32.5 29.0 26.3 25.5 22.0 183.2 f 178. 2 p 165. 8 30.5 22.1 p 176. 7 118 7 79 2 .3560 162 3 118.5 .3560 148 1 111 2 .3560 132 8 P 130. 8 p 128. 6 93.3 *90.6 P84.9 .3641 .3560 .3568 p 161. 3 p 112. 9 .3586 NONFERROUS METALS AND PRODUCTS Aluminum: Production, primary (dom. and foreign ores) thous sh tons Recovery from scrap (aluminum content) do Imports (general): Metal and alloys, crude do Plates, sheets, etc do Exports, metal and alloys, crude do Stocks, primary (at reduction plants), end of period._ _ _ _ __ _ thous. sh. tons Price, primary ingot, 99.5% min.. $ per lb_. Aluminum shipments: Ingot and mill products (net) Mill products, total Plate and sheet (excl. foil) Castings.. _ mil Ib do do do Copper: Production: Mine, recoverable copper thous. sh tons Befinery, primary _ do From domestic ores do From foreign ores do Secondary, recovered as refined do Imports (general) : Refined, unrefined, scrap (copper cont ) do Refined- _ _ _ _ _ d o Exports: Refined and scrap do Refined__ _ do Consumption, refined (by mills, etc.) do Stocks refined, end of period Fabricators' Price, bars, electrolytic (N.Y.) do do $ per lb__ Copper-base mill and foundry products, shipments (quarterly total) : Copper mill (brass mill) products mil Ib Copper wire mill products (copper cont.) do Brass and bronze foundry products do Lead: Production: M!ine recoverable lead thous sh tons Recovered from scrap (lead cont ) do Imports (general), ore (lead cont.), metal Consumption total do do Stocks, end of period: Producers', ore, base bullion, and in process (lead content) ABM[S thous sh tons Refiners' (primary), refined and antimonial (lead content) thous sh tons Consumers' cf do Scrap (lead-base, purchased), all smelters thous sh tons Price, common grade (N.Y.) $ perlb__ Tin: Imports (for consumption) : Ore (tin content) Bars, pigs, etc Recovery from scrap total (tin cont ) As metal Consumption pig total Primary Ig tons do do do do do Exports, incl. reexports (metal) do Stocks pig (industrial) end of period^ do Price, pig, Straits (N.Y.), prompt $ perlb__ 6 4 1 21 1 213 2 l'596 4 1 219 3 377 o 288 4 376 0 1 163 4 651 422 192 85 131 107 24 31 r 147. 8 110.2 37 5 35.3 9.0 6.8 T 9.5 4.9 6.9 7.0 9.4 98 4 98 4 100 4 99 1 98 9 93 o 86 9 90 2 93 9 99 8 105 3 104.8 101.5 56 7 119 9 38 1 113 4 39 1 108 8 35 6 106 5 34 6 101 0 29 9 103 8 27 g 100 4 27 2 107 1 29 3 110 8 31 0 118 5 26 3 106 2 24 3 95.5 25.0 92.2 25.7 98.9 66 3 .1114 71 5 .1360 68 6 .1566 74 3 .1600 70 6 .1600 66 1 .1600 65 7 .1600 63 4 .1600 62 5 .1600 63 1 .1600 59 4 .1600 53 8 .1600 52.2 .1600 51 1 .1600 .1600 (3) 268 2 422 1 980 473 1 845 2 035 17 2 239 2 035 870 4 183 1 990 492 3,207 1 925 219 2,061 1 815 669 7,735 6 970 4 980 7 905 5 775 7 010 5 080 6 755 5 005 7 075 5 135 792 37 2,552 4,015 1 990 1 885 250 '265 6,205 5 990 3 995 r 3, 960 19 4,348 7 090 4 900 322 3 073 2 210 '310 7 610 5 420 40 2,648 1 790 6 795 4 680 376 2,908 2 000 '250 7 485 5 440 1 251 219 23 655 24 035 1. 5726 1. 5498 567 611 83 173 142 226 364 149 131 148 25 250 1. 6498 24 260 1. 8067 24 215 23 183 1. 9195 1. 8894 23 587 1. 8412 22 985 1. 8696 24 350 1. 9190 25 315 1. 8532 26 385 1. 7676 1. 7423 r 49 1 r 55 1 r 53 4 r 48 3 r 50 7 51 5 51 3 49 9 49 2 34.8 20.7 42.2 14.0 42.1 17.8 (3) 151 332 061 303 209 1 625 29 364 1. 1664 31 584 23 508 3*334 82 780 58 476 4 285 403 4 041 24 343 1. 5772 24 343 1. 6311 574 9 52 0 529 3 do do 373 2 144 8 do do 4 104 7 4204.4 4 4 240 r go 3 240 357 1 118 3 32 9 9 4 29 1 12. 1 30 8 15. 1 105 9 222. 5 8 7 16.6 86 16.9 16.7 8.6 260 48 3 7 2 25 9 18.3 240 r 49 o 52 1 32.9 32.3 9.4 3.7 .3613 524 249 110 2 43 22 3 78 55 . 2450 716 798 544 274 513 275 r 2 Revised. p Preliminary. 1 See note "O" for p. S~21. Monthly data (1962-64), revised to the 1962 complete canvass of nonferrous3 producers, will be shown later; estimates beginning 1965 reflect4 the revised benchmark. Data for Sept. 1963-Apr. 1964 are in terms of gross weight. Revised total; monthly revisions are not available. 4.6 706 519 267 Zinc: A Mine production, recoverable zinc Imports (general) : Ores (zinc content) Metal (slab blocks) Consumption (recoverable zinc content): Ores Sera D, all tynes 1 230 38.9 21.1 255 36.1 10.7 36.2 2.7 . 1600 6,280 4,185 1. 7875 10.4 10.4 8.6 8.6 10 5 10 2 9 7 8.9 88 19.1 18.6 18.4 18.5 17.6 18.9 19.1 18.6 17.6 cfConsumers' and secondary smelters' stocks of lead in refinery shapes and in copper-base scrap. §Stocks reflect surplus tin made available to industry by GSA. ABeginning Aug. 1964, data reflect sales to the industry of metal released from the Government stockpile. SURVEY OF CURRENT BUSINESS S-34 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 Annual 1966 1965 1964 Dec. February 1966 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. METALS AND MANUFACTURES—Continued NONFERROUS METALS AND PROD,— Con. Zinc— Continued Slab zinc: A Production (primary smelter), from domestic and foreign ores thous. sh. tons__ i 892. 6 i 954. 1 Secondary (redistilled) production do 160.3 i 71.6 Consumption, fabricators' do U,105.1 U,207.3 Exports do 26.5 33.9 Stocks, end of period: 31.2 47.9 Producers', at smelter (AZI) cf do. _ 97.5 107.5 Consumers' do Price, prime Western (East St. Louis) . $ per lb__ .1200 .1357 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 82.6 6.5 115.5 .3 85.1 5.4 96.9 .5 84.9 6.4 113.9 .4 84.0 5.3 117.0 .2 87.5 6.0 117.8 .2 84.2 6.0 116.5 4 () .8 30.1 32.2 .1450 .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 25.2 102.4 .1450 23.3 102.3 .1450 26.9 110.6 .1450 29.2 128.2 .1450 27.3 129.3 .1450 30.3 ' 130. 8 .1450 27.2 124.6 .1450 10.5 113. 2 .7 8.8 .6 8.2 .8 7.3 .8 8.3 .7 8.0 .5 6.4 .7 8.4 .6 11.4 1.0 11.6 1.0 13.1 .9 12.4 .9 11.0 568.0 35.4 42.6 44.3 41.8 38.0 42.9 45.6 45.8 39.8 51.6 42.1 48.6 46.3 47.9 43.4 44.6 58.8 41.2 64.8 36.1 68.4 35.9 53.7 32.8 2, 170. 6 342.6 172.1 24.9 150.7 20.2 167.0 22.7 206.9 28.9 179.5 25.4 170.0 25.6 199.2 31.4 153.9 19.7 191.5 27.1 226.6 31.7 212.7 26.1 190.0 22.1 1, 810. 8 1, 227. 2 98.6 70.6 87.5 55.6 86.3 55.3 128.0 89.1 94.0 56.2 82.3 57.3 110.3 77.5 158.8 106.4 186.5 ' 227. 6 ' 259. 0 120. 3 ' 141. 8 ' 185. 5 144.2 107.2 1, 426. 0 1, 162. 1 2, 680. 1 106.3 87.9 194.2 84.2 69.2 210.0 90.1 73.9 230.4 92.8 77.1 227.2 87.3 72.5 215.9 97.4 82.3 192.1 107. 3 88.7 205.0 116.6 96.0 214.0 140.4 ' 174. 4 ' 169. 0 112. 2 ' 136. 1 ' 132. 5 234.2 206.2 226.4 118.6 95.3 208.2 164. 6 62.7 182.3 74.9 45.0 18.1 131.9 218.6 358.5 380. 8 407.3 249.0 374.1 192. 9 274.6 280.6 387.0 316.9 295.0 339.5 371.8 98.5 13.5 40.8 114.9 13.7 57.5 13.6 1.4 5.6 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 9.7 1.4 5.1 18.3 1.0 6.7 10.5 1.0 6.0 12.6 2.0 7.2 11.4 1.3 6.8 13.8 2.0 7.7 14.2 2.6 7.9 HEATING EQUIPMENT, EXC. ELECTRIC Radiators and con vectors, shipments: Cast-iron mil sq ft radiation i 11.9 Nonferrous do 109. 9 Oil burners: Shipments.--thous._ i 563. 2 Stocks end of period do 61 0 Ranges, gas, domestic cooking (incl. free-standing, set-in, high-oven ranges, and built-in oven broilers) thous 11,983.8 Top burner sections (4-burner equiv) ship do 363.9 Stoves, domestic heating, shipments, total _ _ _ d o 11,938.7 Gas do 1, 296. 7 Warm-air furnaces (forced-air and gravity air-flow), shipments total thous 1, 384. 5 Gas do U,103.5 "Water heaters gas shipments do 2, 403. 8 MACHINERY AND APPARATUS Fans, blowers, and unit heaters, qtrly. : Fans and blowers new orders mil $ Unit-heater group, new orders do Foundry equipment (new), new orders, net mo. avg. shipments 1957-59=100.. Furnaces (industrial) and ovens, etc., new orders (domestic) net mil $ Electric processing do Fuel-fired (exc. for hot rolling steel) do 53.6 16.0 53.6 19.0 46.3 14 4 Material handling equipment (industrial) : Orders (new), index, seas, adj.-— -.1957-59 =100.. Industrial trucks (electric), shipments: Hand (motorized) number Rider-type do Industrial trucks and tractors (internal combustion engines), shipments number-- 128.7 152.0 169.3 139.9 184.9 199.4 177.5 165.8 188. 6 165.6 193.3 175.4 209.5 202.2 6,562 6,973 6,891 7,129 724 694 564 566 572 627 629 808 540 663 557 820 765 848 742 842 558 695 745 899 810 1,015 837 983 29, 207 36, 171 3,762 2,944 3,176 3,445 2,604 3,242 3,625 3,497 3,378 3,729 3,910 4,144 Machine tools: Metal cutting tools: Orders new (net) total Domestic Shipments total Domestic Estimated backlog, end of period mil $ do do do months. _ 713. 90 569. 95 598. 50 493. 20 5.6 976. 50 808. 90 791. 80 636.75 6.3 81.05 70.75 86.50 70.35 6.3 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 85.70 77.75 68.20 6.6 74.75 67.10 82.45 71.75 6.4 93.65 87.10 83.75 71.15 6.5 95.60 84.75 69.45 60.70 6.8 106. 80 95.40 57. 55 50.10 7.3 99.85 87.00 80.80 70.90 7.6 99.25 93.00 91.05 75.60 7.6 '110.50 '100.25 ' 77. 95 ' 67. 25 '7.7 128. 05 115. 95 111. 55 100. 25 7.5 Metal forming tools: Orders new (net) total Domestic Shipments total Domestic Estimated backlog, end of period mil $ do do do months. _ 217. 50 190. 70 183. 50 154. 05 5.8 388. 70 353. 30 228. 20 200. 85 10.9 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 22.80 10.2 24.95 23.30 27.65 25.10 9.7 20.15 17.75 21.25 19. 40 9.5 24.05 22.55 27.90 24.80 9.0 40.85 39.70 26.00 23.55 9.4 26.70 26.05 20.20 17.75 9.4 24.55 22.95 20.35 18.85 9.7 25.60 24.00 21.20 18.95 9.8 35.20 r 27. 15 33.45 ' 25. 05 24.30 r 22. 95 21. 90 ' 19. 55 10.3 '10.4 25.90 23.35 29.30 27.10 10.2 11,276.5 11,523.7 i 314. 4 i 392. 6 1 101. 0 128.7 321.6 93.4 23.0 406.2 98.4 36.0 239.5 230.7 286.3 265.6 Other machinery and equip., qtrly. shipments: Construction machinery (selected types), total 9 mil. $-. Tractors tracklaying total do Tractors wheel (con off-highway) do Tractor shovel loaders (integral units only), wheel and tracklaying types mil $ Tractors, wheel (excl. garden and contractors' off-highway types) mil $ ^Farrn machines and equipment (selected types), excl tractors mil $ ELECTRICAL EQUIPMENT Batteries (auto, replacement), shipments... thous __ Household electrical appliances: Ranges (incl. built-ins), sales, total do Refrigerators and home freezers, output 1957-59=100. Vacuum cleaners sales billed thous \Vashers sa^es (dom and export) do Driers (gas and electric), sales (domestic and export) thous_Radio sets, production § do _ Television sets (incl. combination), prod.§ do Electron tubes and semiconductors (excl. receiving, power, and spec, purpose tubes), sales mil. $_. Motors and generators: New orders index Qtrly 1947 49 — 100 New orders (gross) : Polyphase induction motors 1—200 hp mil $ D.C. motors and generators. 1-200 hD do i 352. 9 72.6 95 4 114.9 91.3 i 603. 6 i 679. 2 142.1 220.1 209.5 161.5 841.1 954.0 190.6 294.5 295.2 244.4 31, 840 29,302 3,594 1, 965. 0 171.9 1,769 205.5 1,722 161.7 135.9 377.9 309.5 161.5 416.7 333.6 168.4 495.2 390.0 193.1 145.5 152.3 145.8 91.9 19, 176 s 1, 962 3932 9,570 1,702 745 1,825 32,306 3996 851 1,782 757 1,595. 8 U,826.4 609.9 151.2 2,215 141.3 372.4 316.1 140.8 127.8 4, 246. 4 4, 506. 7 3, 949. 2 4, 189. 6 18, 281 7,130 187.6 2,361 653.0 58.7 151 178 191 149.2 30.8 183.2 36.3 18.1 4.5 55.2 55.0 64.5 162.0 397.8 298.0 59.4 1,660 144.1 14.7 3.2 16.4 3.4 18.9 4.1 1,928 176.3 2,052 148.5 2,422 3,360 3,529 163.4 186.0 174.0 184.1 198.3 159.7 431.4 357.1 238.8 160.5 329.6 315.0 159.8 367.9 388.7 125.1 329.2 356.1 87.6 376.6 398.6 145.3 497.7 430.6 160.1 534.4 397.2 147.5 543.5 370, 4 83.3 109.0 127.7 213.3 274.2 279.1 234.3 1,793 s 2, 171 3946 751 1,757 596 1,764 3 2, 214 819 3 1, 230 2,312 1,086 2,074 '32,417 v 1, 525 *908 1,044 '31,216 63.3 52.3 72.4 70.0 68.9 15.9 4.2 18.1 3.1 57.5 63.4 209 228 205 '2 Revised. » Preliminary. * Revised total; monthly revisions are not available. 3 4 For month shown. Data cover 5 weeks; other months, 4 weeks. Less than 100 tons. ASee similar note, p. S-33. 520.2 120. 5 50.4 i 293. 5 1, 870. 0 1 412.2 115.1 29 9 19.5 3.2 17.6 3.7 19.4 3.8 16.2 4.4 15.5 3.6 19.2 3.2 cf Producers' stocks, elsewhere, end of Jan. 1966, 7,500. 9 Includes data not shown. §Radio production comprises table, portable battery, auto, and clock models; beginning Jan. 1964, data for television sets include color sets. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual S-35 1966 1965 1964 Jan. Dec. Feb. Mar. Apr. May June July Aug. Sept. Oct. 1 626 1 256 1 292 1 364 1 269 Nov. Dec. Jan. PETROLEUM, COAL, AND PRODUCTS COAL Anthracite: Production thous. sh tons 18 267 Exports __ do 3,353 Price, wholesale, chestnut, f.o.b. car at mine $ per sh. ton__ 13. 361 Bituminous: Production _ .thous. sh. tons__ 458, 928 Industrial consumption and retail deliveries, total 9 thous. sh. tons__ 409, 225 Electric power utilities . d o 209, 038 Mfg. and mining industries, total do 175, 969 Coke plants (oven and beehive) do 77, 633 Retail deliveries to other consumers do Stocks, industrial and retail dealers', end of period, total 9 -thous. sh. tons-Electric power utilities do Mfg. and mining industries, total _do Oven-coke plants do Retail dealers Exports _ 1 305 1 171 1 313 1,255 1,286 69 66 61 132 13. 895 14. 196 14. 441 14. 441 14. 441 12. 005 12. 005 12. 005 12. 495 12. 495 12.495 12. 985 "12. 985 486, 998 43, 364 39, 390 37, 290 43, 150 41, 605 41, 390 42, 810 33, 880 46, 310 43, 370 46, 820 '45,980 431, 116 223 032 187, 758 88, 757 41, 859 21, 174 17, 758 8,167 42, 813 21, 471 18, 517 8,215 38, 697 19, 608 16, 346 7,554 41, 394 21, 134 17, 887 8,445 35, 866 18, 323 16, 479 8,144 35, 417 18, 632 16, 174 8, 130 35, 584 19, 292 15, 761 8,119 36, 135 20, 018 15, 481 8,161 37, 545 21, 051 15, 562 8,120 36, 198 19, 936 14, 910 7,504 38, 163 '•39,132 42, 844 20, 066 20, 552 22 646 16, 237 r 16, 423 17, 549 7,457 ' 7, 074 7,390 23, 548 19, 615 2,906 2,825 2,743 2,370 1,019 528 442 564 840 1,266 70, 083 49, 314 20, 270 8,014 75, 342 52, 661 22, 305 10 081 75, 342 52, 661 22, 305 10, 081 70, 435 49, 195 20, 930 9,517 67, 141 46, 589 20, 296 9,225 64, 923 44, 670 20, 070 9 424 65, 489 44, 973 20, 349 9,576 68, 692 47, 713 20, 763 9,749 71, 418 49, 857 21, 311 9 970 66, 149 47, 482 18, 407 7 744 69, 308 49, 244 19, 768 8 484 70,418 50, 411 19, 715 8,253 23 42 45 73 93 82 88 129 108 1,748 2,078 73,000 »• 72, 226 52 017 53 125 20, 691 • 21, 736 9 107 '9 743 46, 600 2,625 77, 393 53 437 23 603 10 506 499 376 376 do 47, 078 47 969 3 791 4.748 7.014 4.798 6.895 4.810 7.144 971 1,236 60 908 16 865 161 156 151 153 5 128 1 406 5 732 1*448 163 5 569 1 412 5 603 1 496 149 136 53 308 16, 138 5 569 1 332 5 781 1 390 5 566 1 407 5 598 1 475 5 547 1*489 5 208 1, 443 5 158 1 358 2 879 2,394 1 971 1 708 1 971 1 708 1 855 1 634 1 656 1 485 1 424 1 277 1 136 1 118 1 271 1 085 1,297 1 359 1 359 1 461 147 1 177 1 017 1,484 1,278 171 1 225 1 095 1 507 1 508 1 539 1 564 1 511 1 460 1,418 1 918 f 2 341 2 707 1 690 ' 2 103 2 445 r 239 227 ' 262 1 411 1 414 thous. sh. tons__ do do do do do do do _ 1 045 1 414 do Prices, wholesale: Screenings, indust. use, f.o.b. mine $ per sh. ton__ Domestic, large sizes, f.o.b. mine do COKE Production: Beehive _ Oven (byproduct) Petroleum coke§_ Stocks, end of period: Oven-coke plants, total At furnace plants At merchant plants Petroleum coke Exports.- 1 262 17 184 1 575 485 451 262 524 1 262 310 256 183 167 216 250 260 296 292 292 365 353 2 218 2 675 3 040 4 268 4 707 5 069 4 231 5 086 5 160 5 560 4 627 3 542 4.788 7.176 4. 789 7.175 4. 785 6.960 4.804 6.582 4.806 6. 551 4.799 6.595 4.799 6.645 4.786 6.833 4,790 7.017 4.795 7.144 J> 4. 795 v 7. 194 72 >-64 r 4 929 1 412 221 36 159 1,662 2.92 278.3 1,455 2.92 277. 1 150 57 181 74 130 59 993 143 60 982 136 1 548 160 185 85 206 99 73 1,784 2.92 286.1 1,844 2.92 270.2 69 63 1 354 2.92 272.9 1 583 2.92 273.1 85 1 521 2.92 288.7 87 89 89 86 65 77 1 375 2.92 281.7 1 606 »2.92 276.0 70 5 102 78 PETROLEUM AND PRODUCTS Crude petroleum: Oil wells completed . number 20, 288 Price at wells (Okla.-Kansas) $perbbl 2.93 Runs to stillstmil. bbl__ 3, 170. 7 Refinery operating ratio % of capacity 87 20 620 2.92 3, 223. 3 87 All oils, supply, demand, and stocks : J New supply, total. mil. bbl__ 3, 928. 4 4, 036. 1 Production: Crude petroleum do 2, 752. 7 2 786 8 Natural-gas liquids, benzol, etc . do 401.0 422.5 Imports: Crude petroleum do 412.7 438.6 Refined products do 362.1 388. 1 Change in stocks, all oils (decrease,—). _ do 1.3 3.7 Demand, total Exports: Crude petroleum Refined products Domestic demand, total 9 Gasoline.. _ Kerosene Distillate fuel oil. Residual fuel oil Jet fuel Lubricants Asphalt _ Liquefied gases Stocks, end of period, total Crude petroleum Natural-gas liquids Refined products _ Refined petroleum products: t Gasoline (incl. aviation) : Production _ Exports. Stocks, end of period .._._ _ „ 88 87 1,554 2.92 250.3 87 86 1,478 2.92 262.3 85 87 88 349.3 362.4 327.1 366.4 353.2 346.8 340.9 345.5 347.4 329.1 357.4 345.0 240.9 37.3 240.9 37.0 218.6 34.3 243.8 38.4 236.8 36.7 238.3 36.8 232 4 35.2 237 6 36.6 240.2 36.5 222.5 35.0 244 1 37 9 239 6 38.0 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 39 9 33 3 13.3 40.7 30.6 13.2 40.8 29.9 10.9 43.2 28.4 4.3 39 1 36 2 12.1 32.0 35.4 -7.6 349.2 377.7 341.0 323.0 327. 5 332.3 336.5 324.8 345 3 352.6 .2 6.3 0 5.8 .1 6.2 .4 5.7 0 5.7 0 5.2 2 5.1 do 3,927.1 4, 032. 4 392.6 378.7 do do do do do 1.7 1.4 .1 6.3 .1 5.0 386.1 144.0 20.7 372.5 2 125. 0 2 13.0 344.4 119.6 12.0 371.3 140.4 11.0 334.5 140.9 317.2 149.6 4.3 321 2 155.2 4 5 326.2 156.7 49 330.8 154.4 59 319.6 142.5 6.0 340 0 147 0 77 347 0 140.1 9 4 95.1 60.6 92.8 65.3 2 18.7 86.9 58.0 14.8 83.9 59.4 17 2 61.0 54.9 17 6 45.8 39.6 19 7 41.8 38 6 18 2 44.3 37.8 18 6 47.9 36.8 20 0 49.8 37.5 19.6 56.9 45 8 18 2 71.7 46 8 18 6 4.0 do.__. do do . do do do do do _ _ do _ do do do do (3) (3) .1 5.5 74.2 3, 851. 2 1, 632. 1 172.2 72.5 3, 958. 5 1, 685. 5 178.4 747.3 538.9 115.2 750.4 554.6 118.6 43.6 117.4 236.9 45.8 120.2 247.9 38 4.2 29.2 25.7 24.3 25.2 18.5 12.3 16.9 4 3 15.7 17 1 41 17.2 17 1 40 17.8 17 9 15.5 19.0 38 14.7 21 9 24 0 835. 6 237. 4 33,7 584.5 839.2 230.1 35.7 573.5 839.2 230.1 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 35.0 536.7 840.1 253.6 38.7 547.8 853.2 242.1 43.6 567.6 864.1 236.4 46.7 581.0 868.4 231.1 46.9 590.4 880.5 231.8 45.9 602.8 873. 0 226.7 42.5 603.7 1, 625. 2 1, 687. 4 145.8 2 145. 6 2 130.5 139.7 133.4 137.9 141 6 148.5 150 4 140.5 r 142 4 142.5 199.5 199.5 2 213. 9 225.0 224.9 217.4 205.6 192.6 185.1 181.8 180. 3 176.6 179.2 .110 .113 .113 .113 .113 .113 .113 .113 P. 113 .212 .208 .208 .213 .209 .211 .210 .209 .213 7,0 190.9 8.0 7.3 3.4 3.9 .9 3,9 3.5 .8 4.7 3.2 3.5 3 Prices (excl, aviation): Wholesale, ref. (Okla., group 3) $ per gal.102 .109 .113 .113 .113 Retail (regular grade, excl. taxes), 55 cities (1st of following mo.) $ per gal .201 .200 .202 .198 .192 r Revised. v Preliminary. i See note "O" for p. S-21. 2 Beginning Jan. 1965, gasoline excludes special naphthas; aviation gasoline represents finished grades only (alkylate excluded); commercial jet fuel (formerly included with kerosene) is included with jet fuel. 1 522 2.92 275.2 6.3 4.3 4.8 3 6.3 7.7 4 5 7 3 4 3 3 Less than 50,000 bbls. 9 Includes data not shown separately. § Includes nonmarketable catalyst coke. $ Revisions for Jan.-Oct. 1964 will be shown later. 3 38 9.4 4 .210 896 41,450 SURVEY OF CURRENT BUSINESS S-36 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 Annual 1965 1964 Dec. February 1966 Feb. Jan. Mar. Apr. May June 1966 July Aug. Sept. Oct. Nov. Dec. PETROLEUM, COAL, AND PRODUCTS—Continued PETROLEUM AND PRODUCTS— Continued Refined petroleum products!— Continued Aviation gasoline: Production mil. bbl Exports. _ do Stocks, end of period.- __ _ _ do Kerosene: Production _ do Stocks, end of period. _ do Price, wholesale, bulk lots (N.Y. Harbor) $ per gal Distillate fuel oil: Production mil bbl Imports do Exports _ do Stocks end of period do Price, wholesale (N.Y. Harbor, No. 2 fuel) $ per gal Residual fuel oil: Production mil. bbl Imports do Exports _ do Stocks end of period do Price, wholesale (Okla., No. 6) $ per bbl Jet fuel (military grade only) : Production mil bbl Stocks, end of period do Lubricants: Production do Exports do Stocks end of period do Price, wholesale, bright stock (midcontinent, f o b Tulsa) $ per gal Asphalt: Production mil bbl Stocks end of period do Liquefied petroleum gases: Production do Transfer from gasoline plants do Stocks (at plants, terminals, underground, and at refineries) end of period mil bbl Asphalt and tar products, shipments: Asphalt roofing total thous souares Roll roofing and cap sheet do Shingles all types do Asphalt siding Insulated siding Saturated felts do do thous sh tons 124 2 4.6 9.4 127.8 5.4 9.1 10 9 .6 9.1 !4 7 !8.2 3.8 .2 8.5 4.0 .3 8.8 3.8 .3 9.0 4.3 .4 8.5 4.0 .7 8.2 4.2 .3 8.2 4.1 .3 8.5 4.1 .3 8.7 3.8 .2 8.4 3.9 .4 8.0 165.9 34.1 169.5 36.2 17.3 36.2 *9. 7 !24.0 8.7 20.7 8.4 18.1 6.9 18.7 6.6 21.0 7.0 23.4 6.7 25.3 6.6 26.0 6.9 26.9 8.1 27.3 8.3 26.3 !. 8 .102 096 .099 .101 .101 .101 .095 .095 .095 .095 .095 .098 .100 r .100 765 1 9.1 15.0 156 7 742 4 11 8 5.4 155 8 66 8 19 .4 155 8 66 8 11 .4 130 6 61 0 .8 .2 105 3 62 2 14 .6 84 6 58.6 .8 .2 82 8 61.5 1.2 .3 99.4 58.7 .5 .2 116 6 65.5 .9 .3 138.5 66.4 1.6 .3 158.4 62.8 1.1 .5 172.0 65.7 1.3 .1 182.0 66.1 1.1 .3 177.3 .092 086 .089 .091 .091 .091 .087 .087 .087 .087 .087 .090 .092 f .092 22.4 27.5 1.1 58.4 1.95 22.8 26.1 1.0 59.7 v 1.95 25 3 38 7 15 38 3 1 80 22 4 34 2 1.7 35 7 1 80 24 7 34 7 16 34 4 1 75 22.0 34.1 1.4 34 5 1 75 21.3 24.6 .9 40 1 1.75 20 9 23.6 1.0 45 2 1.75 21.6 22.1 1.3 50 2 1.80 21.1 20.4 1.3 53.8 1.85 19.5 20.0 1.0 55.1 1.90 14 9 17 7 13 7 18 7 16 0 19 2 15 8 20.0 16.9 20.0 15 7 20.5 16.8 21.0 16.0 19.8 16 0 17.9 16.5 18.2 16.2 18.6 57 16 14 1 49 13 13 9 49 1i 14 4 55 16 14 0 53 1.9 13 7 5.6 1.7 13 4 5.1 1.3 12 9 5.4 1.4 12 8 5.4 .9 13.3 5.1 1.4 13 0 5.1 1.6 12.8 5.1 1.2 12.9 275 9 272 8 15 3 47 5 1 57 266 8 295 8 18 9 40 4 1 50 25 1 30 9 15 40 4 1 80 99 4 85 108 0 99 82 99 63 1 18 3 14 3 63 7 18 2 14 1 1 1 270 270 270 270 270 270 270 270 270 270 270 270 .270 v .270 111 9 14 4 114 9 14 2 61 14 2 57 16 9 57 19 4 7 4 22 4 83 23 3 12.2 23.5 12.1 20.7 14.4 18.5 14.6 16.2 13.5 14. 8 12.6 13.2 9.8 13.9 56 4 182 0 59 2 189 6 51 23 2 4 8 20 6 48 19 2 48 20 1 4 5 14 5 4.9 13 0 4.8 12 8 4.9 12 3 4.8 13 1 4.3 14.6 4.3 17.5 4.2 19.6 30 3 31 8 31 8 26 8 23 2 21 4 25 3 31 1 35 3 40.1 43.5 43.8 42.8 39.4 64 489 24' 109 40 380 71 075 26 218 44 857 3 815 1 485 2 329 3 404 3 980 5 504 1 416 1 529 2 289 1 989 2 351 3 215 5 216 1 992 3 224 6 070 2 197 3,874 7 215 2,591 4,625 7,634 2,856 4,778 8,546 3,322 5,224 7,766 3,130 4, 636 7,279 2,987 4,292 ' 5, 599 r 2, 294 '3,305 797 843 990 720 680 995 50 27 62 37 47 68 40 61 75 50 70 89 52 66 95 70 65 109 72 69 93 75 63 82 r62 45 25 64 47 23 70 49 38 91 45 73 4,476 1,917 2,561 48 31 64 PULP, PAPER, AND PAPER PRODUCTS PULPWOOD AND WASTE PAPER Pulp wood: Consumption.. Stocks, end of period Waste paper: Consumption Stocks end of period Production: Total all grades 46, 022 46, 435 4,732 49, 872 49, 711 4,843 3,841 3,829 4,843 4,180 4,234 4,983 3,789 3,925 4, 818 4,158 4,293 4,809 4,038 4,268 4,695 4,190 4,365 4,429 3,935 3,989 4,613 4,234 4,110 4,856 4,379 4,351 4,985 4,270 4,085 5,268 4,611 4,664 5,328 4,228 4,383 5,317 thous sh tons do 9,551 599 9,493 596 737 596 789 507 784 498 882 494 831 522 836 515 854 518 720 555 833 532 840 520 899 511 834 511 thous sh tons 29, 435 1,367 17, 493 2,692 32, 429 1,457 20, 006 2,685 2,544 121 1,516 208 2,781 120 1,699 230 2,585 117 1,584 215 2,855 144 1,754 239 2,764 122 1,694 239 2,900 do do 132 1,787 242 2,646 110 1,605 242 2,680 113 1,657 218 2, 917 134 1, 822 238 2,700 120 1,678 220 2,949 130 1,817 258 2,894 119 1,811 232 do do do 3,473 1,402 3,007 3,596 1,621 3,063 314 131 253 335 125 274 305 122 242 336 121 261 323 128 256 342 125 271 324 125 239 319 125 247 337 122 263 305 121 256 334 126 284 339 119 275 717 202 408 76 781 228 462 92 781 228 462 92 743 276 387 80 747 294 373 80 736 273 381 82 723 268 377 78 735 278 374 83 748 284 381 84 763 281 400 82 766 302 383 81 743 290 375 78 ••750 311 369 70 740 300 367 73 1,422 524 898 1,602 581 1,021 152 59 93 273 58 76 32 44 176 67 109 147 58 90 132 48 85 107 43 64 119 52 67 109 42 67 110 41 69 123 49 74 101 33 68 129 56 73 2,775 260 2,515 2,922 272 2,650 257 26 231 210 16 194 244 23 221 301 26 265 251 25 226 244 23 221 288 26 263 245 23 222 265 23 242 253 25 228 260 23 237 306 24 282 270 23 247 3,537 39,215 41, 748 3,249 1,483 1,598 17, 251 18, 180 1,518 1,660 19, 663 18, 267 12 12 141 148 _ _ _do i. _ 267 236 3,797 3,557 2 See note "O" for p. S-21. * See note 2 for p. S-35. 3,370 1,493 1,603 11 262 3,626 3,746 3,419 3,575 1,544 1,608 1,532 1,488 1,730 1,788 1,599 1,688 11 11 13 8 342 340 324 341 Jan.-C ct. 1964 1arill be srtown late r. 3,911 1,677 1,858 11 365 3, 758 1,637 1,786 10 325 _ _ do do_ - WOODPULP Sulfate Sulfite Groundwood Defibrated or exploded Soda, semichem., screenings, etc.. Stocks, end of period: Total all mills Pulp mills. Paper and board mills Nonpaper mills Exports, all grades, total. Dissolving and special alpha Allother. __ __ do do _ _ _ do __ do ___ do _ . do _ __do Imports, all grades, total Dissolving and special alpha. _. All other__ _ __ _ __ _ _ _ do _ do _ do 215 PAPER AND PAPER PRODUCTS Paper and board: Production (Bu. of the Census) : All grades, total, unadjusted __ -thous. sh. tons._ Paper____ do __ Wet-machine board _ r Revised. v Preliminary. 3,788 3, 682 1,661 1,611 1,736 1,780 11 13 323 335 JBevisions f(>r 3,720 1,609 1,776 12 324 Jan. SUEVEY OF CUEEENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 1963 Dec. 1966 1965 1964 Annual S-37 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. ' 3. 664 v 3. 918 Nov. Dec. Jan. 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 tons Wholesale price indexes: Printing paper 1957-59-100 Book paper, A grade _ do Paperboard do Building paper and board do Selected types of paper (APP A) : Fine paper: Orders, new _ thous. sh tons Orders, unfilled, end of period do 39 413 41 646 3 273 3 534 3 421 3,936 3,733 3,800 3,631 3,632 3,747 101 4 107.4 94.7 96 2 101 4 109.4 96.5 94 2 101 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 92.7 101.4 110.7 96.3 92.7 101.4 110.7 96.3 93.5 101.4 110.7 96.3 93.3 101.4 110.7 96.4 93.4 2 095 90 2 234 98 175 98 177 116 195 127 223 128 213 136 208 135 209 145 200 161 202 157 197 153 do do 2 131 2,098 2 244 2,237 183 180 191 175 187 190 216 223 203 201 201 207 200 206 186 196 204 208 do do 5 372 380 5 800 437 496 437 510 448 484 465 577 485 511 488 512 508 519 522 530 558 510 518 Production _ _ Shipments . Coarse paper: Orders, new_. _ _ _ _ _ _ Orders, unfilled, end of period. do do 5 269 5,269 5 623 5,623 472 472 490 490 464 464 522 522 497 497 504 504 503 503 471 471 493 493 ••507 '507 do do 4 263 156 4 392 190 362 190 393 214 387 240 411 233 388 224 384 226 367 232 357 226 392 235 r 357 r 219 ProductionShipments...__.. Newsprint: Canada: Production_ Shipments from mills Stocks at mills, end of period United States: Production Shipments from mills _ Stocks at mills, end of period do do 4,241 4,211 4,352 4,331 359 360 388 375 370 365 412 414 389 392 392 380 359 361 357 358 390 382 r do do do 6 630 6 622 186 7 301 7 310 178 614 632 178 606 556 228 582 500 311 650 595 366 622 677 311 648 691 268 634 697 205 651 642 209 do do do 2 218 2,208 34 2 261 2,273 22 176 181 22 191 179 34 174 180 27 185 187 25 183 188 20 198 196 21 169 171 19 Consumption by publishers,?1 do Stocks at and in transit to publishers, end of period _ _ thous sh tons 5 585 6,031 535 490 461 535 544 570 545 585 585 571 585 559 544 526 Imports do Price, rolls, contract, f.o.b. mill, freight allowed or delivered $ per sh ton 5 413 5 954 584 422 429 554 500 134 40 134 23 132 40 132. 40 132. 40 132. 40 386 563 384 88 358 563 358 79 390 1559 390 89 408 597 408 92 137, 234 11, 599 11, 039 125 7 128 7 115 5 Production _ _ Shipments _ Printing paper: Orders, new Orders, unfilled, end of period Paperboard (National Paperboard Assoc.) : Orders, new (weekly avg.) _ thous sh tons 357 Orders, unfilled, end of period do 494 Production, total (weekly avg.) do 358 Percent of activity (based on 6.5-day week) 87 Paper products: Shipping containers, corrugated and solid fiber, shipments mil. sq. ft. surf. area__ 128, 588 Folding paper boxes, shipments, index of physical volume 1947-49—100 126 1 101.4 110.7 96.5 93.8 101.4 111. 5 96.5 93.5 r <-208 !55 »214 "159 197 198 ••210 '207 0215 0214 r 517 r r 550 r 554 0498 0523 '534 534 0526 0526 r 392 225 »401 ^210 371 ''374 ••391 '387 ^419 0415 663 646 225 637 637 225 686 694 217 693 717 193 648 691 150 168 167 20 196 189 27 160 167 20 182 178 23 193 192 24 181 186 19 527 477 517 509 591 589 576 560 619 634 626 580 570 573 515 581 518 525 e 574 539 538 627 132. 40 132. 40 132. 40 132. 40 132. 40 132. 40 425 642 414 93 417 692 410 91 441 742 423 92 412 760 405 89 384 818 359 78 412 818 416 90 413 848 415 90 444 844 441 94 437 847 443 94 416 803 437 93 438 855 421 93 10, 881 12, 519 12, 112 11, 865 12, 674 11, 560 12, 639 13, 683 13, 111 13, 147 13, 107 11, 525 114 7 132 4 125 5 119.9 133 0 119.1 129.9 135. 5 135. 8 0 120.5 37 00 97 04 30.66 .258 40 94 96.20 28.42 .248 44 40 96.91 39.90 .243 46. 51 96.44 41.91 .241 45.79 100. 62 43.91 .241 44.57 .243 ,245 137.70 156. 60 129 70 138 77 311. 08 '304.81 21 70 25 17 157. 87 131. 41 302. 45 23.79 23.32 1 543 r 132. 40 0132. 40 RUBBER AND RUBBER PRODUCTS RUBBER Natural rubber: Consumption thous Ig tons Stocks, end of period do Imports , incl. latex and guayule do Price, wholesale, smoke'd sheets (N.Y.)_.$ per Ib__ Synthetic rubber: Production _ Consumption Stocks, end of period Exports Reclaimed rubber: Production Consumption _ Stocks, end of period thous Ig tons do do do _ _. do do do 457 23 60 58 379 53 0.263 481 50 86 85 441. 19 0.252 40 79 86 85 44 41 .255 1 608 45 1 764 94 157 52 1 306 79 1 451 51 124 97 283 01 297. 13 297.13 283 21 29 14 321 26 42 24 90 19 19 02 .261 42 13 79 12 27.53 .261 48 24 91 10 42.54 .260 151 54 125 19 314 21 2 10 51 144. 99 126 43 320. 67 8 97 155 54 138 37 311. 20 30 91 45 55 87 34 52.92 .276 153 129 307. 35 41 52 93 87 31.72 .283 28 16 65 08 155 61 121 65 317. 81 29 27 42 42 95 68 42.22 .268 144. 125 315 23 72 94 37 87 141. 35 107 88 325. 26 24 32 148 118 323. 24 59 06 56 87 r 281. 45 263 67 31.19 276. 26 263 19 30.08 21.81 22 23 30.08 22.99 22 66 30.88 22.31 22.53 30.15 26.78 25.57 30.73 25.42 24.35 29.84 22.02 21 51 30.22 23.06 22 96 29.60 21.09 20.23 29.96 22.59 20.93 30.88 22.38 22.34 30.39 23.44 24.13 29.06 22.69 21.48 28.85 TIRES AND TUBES Pneumatic casings: Production thous 139 073 158 113 13 632 13 884 14 126 15 242 14 633 13 228 13 460 12 174 12 822 13, 921 15, 331 14, 194 14, 839 Shipments, total Original equipment Replacement equipment Export _ do do do do 138 547 47 134 89 866 1 546 150, 488 48 045 100 369 2 075 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 8 352 263 15, 408 5 341 9 782 285 14, 688 5 049 9 439 200 15, 605 5 336 10 033 236 14, 227 4 222 9 689 316 12, 145 2 215 9,682 248 14, 863 4,178 10, 441 244 16, 073 5,557 10, 206 310 13,709 5,511 8,017 181 13, 062 5, 386 7,472 205 Stocks , end of period Exports (Bu. of Census) do do 29 452 982 37 553 1,589 37 553 165 38 2264 69 40 532 158 41 467 322 40 601 211 39 515 208 37 207 199 35 036 250 36, 095 173 35, 110 191 34, 442 259 35,083 183 37, 059 156 Inner tubes: Production Shipments. _ Stocks , end of period Exports (Bu. of Census) do do do do 39 657 40 754 9 573 913 3 257 3 383 3 029 4,821 ll 454 10 2160 78 39 3,628 3, 533 10 285 41 4 016 3,750 10 731 115 3 793 3,410 11 225 102 3, 079 3,070 11 334 100 3 290 3, 438 11 266 82 3 207 3,297 11 196 128 3,251 3,521 11 015 77 3,455 3,413 11, 145 123 3,513 3,589 11, 045 174 3, 243 3,058 11,336 99 3,483 3,021 11, 839 108 r 42 437 41, 890 11 454 896 r r Revised. 0 Preliminary. * Beginning Jan. 1965, data are 4-week averages for period 2 ending on the Saturday nearest the end of the month. See note "O" for p. S-21. cf As reported by publishers accounting for about 74 percent of total newsprint consumption in 1963 and 75 percent, in 1964 and 1965. e Corrected. SURVEY OF CURRENT BUSINESS S-38 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 1963 1965 1964 Jan. Dec. Annual February 1966 Feb. Mar. Apr. May June 1966 July Aug. Sept. Oct. Nov. Dec. 31,446 25, 117 Jan. STONE, CLAY, AND GLASS PRODUCTS PORTLAND CEMENT SbipmATits, finished ofimtmt^ , ^ t^mis, bbl 349,321 365, 199 19, 969 1 17, 539 15, 939 22, 535 29, 987 34,416 39,192 39, 292 41, 242 37, 531 39, 418 463 6 23 3 93.5 418 8 21.5 90.1 578.4 23.6 123.7 700.0 27.3 147.5 758.3 29.6 165.9 787.8 26.5 185.4 761.3 26.2 171.0 768.2 28.9 175.5 743.7 27.5 166.3 749.5 29.2 155.6 CLAY CONSTRUCTION PRODUCTS Shipments: Brick, unglazed (common and face) mil standard, brick 7 405 0 7 743 8 342 8 Structural tile , except facing thous sh tons '31l"4 Sewer pipe and fittings, vitrified do 1 771 9 1,837 2 Facing tile (hollow) , glazed and unglazed" 353 4 mil brick equivalent 378 4 Floor and wall tile and accessories, glazed and un267 1 286 0 glazed mil so ft Price index, brick (common), f.o.b. plant or N Y dock 1957-59—100 106 1 107 1 494 2 22 4 111.2 28 1 20 1 20 2 26 3 27 0 26 8 29.8 31.1 30.6 30.3 28.5 21 3 20 5 21 4 25.9 24.3 23.6 26.4 24.0 24.8 24.7 23.4 107 6 107 6 107 7 107.8 107.8 107.8 107.8 107.8 108.8 109.2 109.2 109.4 GLASS AND GLASS PRODUCTS 317 299 325 306 84 599 81, 797 83, 162 89, 869 141 479 175 820 144 753 180 553 38 156 46 443 29, 299 52 498 32, 643 50, 519 38,848 51, 021 181 607 189 414 13 511 15 818 15 663 12 638 16 684 17, 672 18, 600 18, 460 19, 333 16, 733 18, 227 16, 095 Shipments domestic total do 176 298 General-use food: 19 225 Narrow-neck food do Wide-mouth food (incl. packers' tumblers, 184 773 14 671 14 575 14 265 19 176 12 813 15 732 17, 948 16, 894 18, 361 17, 393 16, 638 15, 959 20, 829 1,300 1,301 1,323 2,066 1,176 1,398 1,664 2,080 2,830 2,886 1,932 1,478 49 199 50 721 4 068 4 326 4 132 5 453 2 838 3 931 4 636 4,431 4,976 4,929 5,030 4,745 Flat glass mfrs ' shipments thous $ Sheet (window) glass, shipments Plate and other flat glass shipments Glass containers: Production do do thous gross Beverage Beer bottles Liquor and wine do do do 16 195 29 438 16 186 17 664 33 252 16 756 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 1,352 2,089 3,852 1,155 1, 764 3,357 1,382 1,371 2,838 1,488 1,379 2,332 1,759 1,461 2,549 1,732 Medicinal and toilet Chemical household and industrial Dairy products do do do 35 661 8 872 1 522 36 764 7 366 1 421 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 2,692 509 86 3,371 564 117 3,193 560 128 3,548 552 106 3, 367 514 113 do 25 641 25 375 25 375 26 515 26 794 20, 274 24, 074 25, 733 26, 112 26, 812 27, 314 26, 401 27, 537 27, 518 5 490 10* 388 6 258 10 684 1 567 2 588 1, 072 2,365 1,630 2,622 1,734 2,838 do 9 181 9 440 2 202 2 132 2,365 2,505 do do 4 209 279 4 562 292 1 206 72 815 76 1,300 87 1,251 77 do 1 036 '990 972 993 204 241 208 210 237 263 210 266 1 495 7* 542 253 327 1 790 58 306 1 729 51 378 2,149 79 371 2,124 73 Stocks end of period GYPSUM AND PRODUCTS (QTRLY) Crude gypsum, total: Imports Production thous sh tons do Calcined production total Gypsum products sold or used, total: Uncalcined uses Industrial uses Building uses: Plasters: Base-coat I/ath 'W^allboard All other § mil sq ft do do * 1 549 7 109 '248 x TEXTILE PRODUCTS WOVEN FABRICS Woven fabrics (gray goods), weaving mills:t Cotton. Manmade _ 1 9 A79 do do fiber 8,741 2,593 1 1 8fl Cotton Manmade _ fiber __ do do 829 327 do 1 865 *876 9,136 3,289 Infls 661 386 q 7K7 Cotton 2 500 1 161 2 1 1fY7 1 H98 2787 2 301 740 269 flfiS i 091 614 383 q 74.0 I 661 386 3 7^7 2 500 1 161 2 536 1 106 1 050 2 i 258 751 2893 276 2337 1 040 2 1 286 2914 745 2347 275 1 026 '736 269 992 597 370 949 567 356 953 572 356 979 588 367 4 nqc 2,807 1 110 4 1 AQ 2,919 1 113 4 282 3,067 1,099 4 432 3,153 1,159 823 581 223 1 036 21 258 2883 730 285 ' 1 034 1,029 729 733 989 1 038 1 027 r 6 1 094 ••1 108 '1 100 1,097 654 655 649 636 621 615 r 440 394 390 r 6 437 4 409 3,121 1,168 4 241 3', 025 1,110 4 216 3,019 1,088 4 145 2,949 1, 092 4 139 3,020 1,018 4 169 3,046 1, 014 180 3,663 8,920 11, 718 3 12,691 414,481 2886 742 751 815,059 2831 27 366 26 301 25 056 23, 757 COTTON Cotton (exclusive of linters) : Production: GinningsA- _- thous. running bales Crop estimate, equivalent 500-lb. bales Consumption do Stocks in the United States, total, end of period 15, 290 15, 148 3 13,595 * 14, 939 15 334 8 394 15 180 8 940 »799 729 9fl Q7A 741 2914 735 742 2897 595 922 ,, 733 9fi 1 38 1R 81 3 17 340 16 380 15 240 14 291 28 401 15, 148 20 705 r 21 841 r 21 841 20 869 20, 034 18, 718 17] 252 16,' 300 15, 166 14, 223 28,306 27, 265 26, 202 24,956 23,652 Domestic cotton total do 2,505 7,544 4,915 230 14, 620 12, 157 511 388 448 808 873 On farms and in transit do 1*887 r 1, 679 rl',679 1,114 17,376 18,706 18, 706 18, 115 17, 464 16, 021 15, 080 14, 099 13, 056 12, 521 12, 512 14, 037 17, 457 18, 632 19, 619 Public storage and compresses do 1,528 1,409 1,201 1,174 1,071 1,472 1,784 1,599 1,824 1,753 1,762 1,640 1,456 1, 442 1,456 Consuming establishments.. do QK im 7/1 fi7 105 100 99 104 95 112 112 107 153 Foreign cotton, total do cf Stocks (owned by weaving mills and billed and held for others) exclude bedsheeting, ' Revised. 1 Beginning Jan.2 1965, excludes finished used in prepared masonry cement toweling, and blanketing, and billed and held stocks of denims. Effective Aug. 1965, stocks (128,000 bbls. in Dec. 1964). Data cover 5 weeks; other months, 4 weeks. 3 Ginnings cover additional manmade fiber fabrics not previously included. . , to Dec. 13. * Ginnings to Jan. 15. » Dec. 1 estimate of 1965 crop. e See note "d"." ' ^Unfilled orders cover wool apparel (including polyester-wool) finished fabrics; production §Comprises sheathing, formboard, and laminated board. and stocks exclude figures for such finished fabrics. Orders also exclude bedsheeting, fBeginning 1964, data are not strictly comparable with figures for earlier periods because of toweling, and blanketing. revised fabric classifications and the inclusion of manmade fiber drapery fabrics. ATotal ginnings to end of month indicated, except as noted. 9 Includes data not shown separately. SURVEY OF CURRENT BUSINESS February 1966 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 | 1964 Annual 1966 1965 1964 Dec. S-39 Jan. Feb. Mar. Apr. June May July Aug. Sept. Oct. Nov. Dec. Jan. TEXTILE PRODUCTS— Continued COTTON— Continued Cotton (exclusive of linters)— Continued Exports. _ __ thous. bales.. Imports.. do Prices (farm), American upland cents per Ib Prices, middling I", avg. 15 markets...... ___do . Cotton linters: Consumption .thous. bales. _ Production do Stocks, end of period „ ._:_ do COTTON MANUFACTURES Spindle activity (cotton system spindles): Active spindles, last working day, total mil.. Consuming 100 percent cotton do Spindle hours operated, all fibers, total-. bil Average per working day do Consuming 100 percent cotton. _ do Cotton yarn, natural stock, on cones or tubes: Prices, f.o.b. mill: 20/2, carded, weaving $ per Ib 36/2, combed, knitting§ do Cotton cloth: Cotton broad woven goods over 12" in width: Production (qtrly.) mil. lin yd Orders, unfilled, end of period, as compared with avg. weekly production No. weeks' prod__ Inventories, end of period, as compared with avg. weekly production --No. weeks' prod-Ratio of stocks to unfilled orders (at cotton mills) end of period, seasonally adjusted Mill margins. _ _ cents per Ib Prices, wholesale: Denim, mill finished cents per yd Print cloth, 39 inch, 68 x 72 do Sheeting, class B, 40-inch, 48 x 44-48.. _do—_ 4,359 132 232.0 2 33. 2 5,241 118 229.6 30.7 747 X1) 29.3 30.6 244 0) »• 27. 7 30.6 181 1 27.6 30.6 584 7 28.6 30. 7 407 4 29.5 30.8 1,330 1,550 698 1,396 1,572 709 3123 195 709 110 186 762 109 167 798 3141 175 815 112 132 800 18.6 15.6 118.1 .455 100.1 18.7 15.3 124.6 .471 103.6 18.7 15.3 11.1 .444 9.2 18.7 15.3 9.9 .495 8.1 18.8 15.3 10.0 .502 8.2 18.7 15.2 12.3 .494 10.1 .644 .912 .630 .892 .617 .875 .617 .876 .617 .876 .617 .878 8,759 8,966 82,327 398 2 30.2 30.9 266 3 29.9 30.7 117 63 28.9 30.0 226 3 29.5 29.7 304 6 29.4 29.7 370 1 29.0 29.6 447 15 27.9 29.5 112 105 768 3133 71 715 86 53 671 106 44 605 3138 123 572 119 188 641 110 200 680 3131 18.7 15.1 9.9 .497 8.1 18.8 15.2 10.1 .506 8.2 18.7 15.0 12.3 .492 9.8 18.8 15.0 8.3 .417 6.7 18.9 15.1 10.1 .506 8.1 19.0 15.0 12.3 .493 9.8 19.0 15.0 10.3 .517 8.2 19.1 15.0 10.4 .522 8.3 18.9 14.7 11.8 .470 9.3 .622 .878 .622 .878 .627 .885 .632 .889 .632 .898 .637 .900 .637 .903 p. 642 p. 910 - r 2, 374 2, 364 2 189 18.2 15.6 17.2 18.0 19.1 19.1 19.5 24.2 18.8 18.6 18.7 19.0 20.3 5.5 5.2 5.2 4.3 4.1 4.0 3.9 3.9 4.1 5.1 4.0 4.1 4.0 4.1 4.5 .44 25.18 .,30 * 29. 49 .30 35.22 .27 35.83 .25 36.02 .22 36.16 .20 36.49 .19 37.30 .20 37.49 .21 37.97 .21 4 38. 31 .21 38.57 .22 38. 62 .23 38.58 .23 38.77 38.1 15.9 17.0 36.6 816.5 17.4 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 34.9 18.8 17.5 34.9 18.8 17.5 34.9 18.8 17.5 34.9 18.8 17.5 34.9 18.8 17.5 *18.°8 P17.5 3, 018. 0 777.5 594.3 819.3 199.8 154.2 835 9 203.3 165 4 879.8 207.9 164.2 902.0 210. 5 162.0 665.3 650.4 667.8 6 51. 9 847.6 559.1 239.5 236.6 166.2 62.5 238.7 163.1 65.4 246.2 191 8 69.7 251.1 207 3 71.1 116, 473 56, 411 13, 078 7 3, 786 7,831 7 2, 225 5,575 2,671 12, 100 7, 184 11, 041 7, 492 7,559 4,686 10, 071 4,976 8,081 2,840 8,189 3,336 8,282 4, 034 7,516 3,058 8,821 3,404 8,903 4, 856 9,202 133, 695 111 &0 1,814 4,948 975 5,837 1,032 16, 470 1,087 8,892 970 9,781 1,564 9,505 1,023 9,689 1,114 13, 412 1,313 12, 670 1,198 12, 507 1,610 12,537 1,989 13, 859 32.6 51.3 32.6 51.3 33.9 49.3 32.4 49.0 32.1 51.8 32.9 52.4 33.5 55.5 34.5 60.6 40.1 69.6 46.3 73.0 52.9 71.1 55.3 68.5 55.5 60.4 76.9 57.5 36.8 76.9 57.5 36.8 .28 .98 8.78 .28 .98 .78 .28 .84 .80 v. 28 p. 84 p. 80 88.7 57.0 33.7 79 7 51.3 34.1 .28 .94 .78 .28 .84 .78 .28 .84 .78 .28 .84 .78 .28 .84 .78 .28 .84 .78 .28 .84 .80 .28 .84 .80 .28 .84 .80 973.0 417.2 221 6 76.7 981.1 416.7 219 6 77.2 960.9 398.4 209 3 73.8 1, 260. 4 8 340. 8 361.5 374.4 378.6 665.6 B 170. 8 456.8 8 132. 3 174.4 151.2 162.0 171.9 10, 821 137.0 20, 078 18, 797 14, 660 131.3 13, 494 11, 148 11,910 152.4 179. 6 127 8 13, 869 14,839 14, 953 15, 798 mil. Ib.. do do do 251. 3 160. 4 277.2 168.0 233.9 122.7 212.3 113.9 319.4 310.8 24.6 12.6 19.4 9.3 14.1 5.2 19.5 8.9 12.8 2.6 324.7 31.0 12.5 22.5 8.7 30.2 11.0 22.1 8.7 20.6 7.8 3 27. 3 310.8 23.0 10.5 19.5 6.5 22.5 11.7 23.2 8.7 25.5 11.1 327.1 310.9 25.9 10.3 22.6 '9.4 23.8 12.0 21.1 9.4 21.1 6.8 21.1 7.4 $ per Ib— do do 1.326 1.175 1.285 1.397 1. 286 1.389 1.337 1.286 1.235 1.325 1.216 1.200 1.275 1.155 1.125 1. 215 1.138 1.095 1.195 1.130 1.075 1.195 1.145 1. 075 1.195 1. 155 1.075 1.218 1.172 1.100 1.265 1.220 1.225 1.275 1.253 1.225 1.275 1.255 1. 225 1.279 1.235 1.225 1.280 1.235 1. 225 106.9 105.7 106.2 106.7 107.1 109.0 109.0 109.0 109.0 WOOL MANUFACTURES Knitting yarn, worsted, 2/20s-50s/56s, American system, wholesale price . •* 1957-59—100 105.4 107.9 108.3 109.0 108. 7 Woolen and worsted woven goods, exc. felts: Production (qtrly.) mil. lin./yd 284.4 255. 2 855.5 Suiting, price (wholesale), flannel, men's and boys', f.o.b. mill 1957-59=100 96.1 96.1 95.8 95.9 96.8 r 2 3 Revised. p Preliminary. 1 Less than 500 bales. Season average. For 5 4 weeks; other months, 4 weeks. Margins reflect equalization payments to domestic users (Aug. 1964-July 1965, 6.5 cents; beginning Aug. 1965, 5.75 cents per pound). • For 11 months; price not available for Sept. 1964. « FOF month shown. 1 See "O," P- S-21. s Effective Jan. 1964, prices are not comparable with those for earlier periods. 9 For 14 weeks. w Modern Textiles Magazine. 311.0 65.9 73 4 38.78 106.4 72.2 37 0 3, 545. 4 » 951. 8 1, 583. 1 e 426. 4 852.2 8234.3 283.1 873.6 472.4 » 127. 7 185, 263 17, 742 7 6, 716 26.6 29.5 191 735 18.2 Polyester blends with cotton do Combinations of filament and spun yarn fabrics mil. lin. yd__ Exports, piece goods .thous. sq. yd. 155, 662 251 4 29.7 30.8 12.8 MANMADE FIBERS AND MANUFACTURES Fiber production, qtrly. total mil. Ib 2, 636. 7 Filament yarn (rayon and acetate) do 709.7 Staple, incl. tow (rayon) _„_ do _ 579.1 Noncellulosic, except textile glass: Yarn and monofilaments* do 712.8 Staple, incl. tow*.. do 443.2 Textile glass fiber do 191.9 Exports: Yarns and monofilaments thous. lb._ 98, 347 Staple, tow, and tops do 50, 244 Imports: Yarns and monofilaments do 8,161 Staple, tow, and tops.. do 125, 554 Stocks, producers', end of period: Filament yarn (rayon and acetate) mil. Ib 47.0 Staple, incl. tow (rayon) _ do 37.9 Noncellulosic fiber, except textile glass: Yarn and monofilaments* _ . _ do 85.8 Staple, incl. tow* _ _ do 50.1 Textile glass fiber „ _._ do 29.7 Prices, manmade fibers, f.o.b. producing plant: Staple: Rayon (viscose), 1.5 denier $ per Ib. .27 Polyester, 1 .5 denier* do 10 1. 14 Yarn: Rayon (viscose), 150 denier do .. .82 Manmade fiber and silk broadwoven fabrics: Production (qtrly.) , total 9 mil. lin. yd 3, 060. 7 Filament yarn (100%) fabrics 9 do Chiefly rayon and/or acetate fabrics do Chiefly nylon fabrics do Spun yarn (100%) fabrics (except blanketing) 9 mil. lin. yd.. Rayon and/or acetate fabrics and blends WOOL Wool consumption, mill (clean basis) : Apparel class _ Carpet class. Wool imports, clean yield* Duty-free (carpet class)* Wool prices, raw, clean basis, Boston: Good French combing and staple: Graded territory, fine. Graded fleece, % blood.._ Australian, 64s, 70s, good topmaking 2 1.280 1.235 1. 225 66 8 102.4 102.4 96.8 96.8 101.7 101.7 101.7 102.4 101.1 §Data beginning Aug. 1965 are not strictly comparable with earlier prices. 9Includes data not shown separately. *New series. Sources: Polyester staple price, U.S. Dept. Labor; wool imports, U.S. Dept. Agriculture from Bureau of the Census records (such imports exclude animal hairs). Data are available as follows: Price, back to 1955; noncellulosic yarn and staple—production, to 1951; stocks, to 1953; wool imports, to 1948. SURVEY OF CURRENT BUSINESS S-40 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 February 1966 1964 Dec. Annual 1965 Jan. Mar. Feb. Apr. May 1966 June July Aug. Sept. Oct. Nov. Dec. 15, 445 Jan. TEXTILE PRODUCTS—Continued APPAREL Hosiery, shipments Men's apparel, cuttings: Tailored garments: Suits _ _ _ _ _ Overcoats and topcoats. thous. doz. pairs 180, 080 189 534 15 671 14 170 15 534 17, 147 15, 033 13, 905 17, 289 16, 120 17, 105 17, 620 18,764 16, 620 thous. units _ _ __do 20, 561 20 601 3,980 1,711 1 841 1,785 2,103 2,059 1,889 1,181 1,858 1,897 418 446 1, 995 447 417 2.059 '449 2.000 4,279 Coats (separate) , dress and sport do Trousers (separate) , dress and sport. _ do Shirts (woven fabrics) , dress and sport thous. doz Work clothing: Dungarees and waistband overalls do Shirts do 11, 175 116, 733 10 646 129, 052 930 1,022 11, 240 1,095 12, 228 1,034 12, 405 1,073 11, 937 1,099 12, 465 661 10, 054 1 035 10, 354 10, 214 1,062 11, 937 1,015 12, 476 25, 307 28, 582 2, 425 2,499 2,505 2,671 2,804 2, 573 2,499 1,894 2,439 2,542 ' 2, 641 2,787 4 026 3,791 4 869 3,885 326 305 358 339 346 313 442 362 399 324 367 308 436 331 356 261 410 355 465 322 '485 361 409 333 23 259 253 025 10 191 25 601 269 797 10 815 1 696 16 759 2 104 20 985 1 138 2,450 23 630 1 362 2,141 30 228 1 279 813 27 879 1,340 25 067 2, 354 24, 311 2, 437 21. 932 2,350 20, 680 678 518 903 2,301 19, 086 840 988 904 975 2,794 21, 591 1,035 2,637 20, 140 1,003 16 644 8*347 16 491 9*295 1 170 1 506 1 495 1 670 1 505 1 359 1,445 1,284 1, 001 1,291 1,305 1,489 1,323 _ Women's, misses', juniors' outerwear, cuttings: Coats thous. units Dresses do Suits do Blouses, waists, and shirts Skirts thous doz do 256 525 193 745 193 752 350 841 830 902 485 933 321 915 866 365 ' 1. 101 1,131 ' 12. 309 10. 930 905 655 TRANSPORTATION EQUIPMENT AEROSPACE VEHICLES 694 960 341 050 Oil 5,106 3,298 4,589 4,206 3,081 6,091 3,861 5,572 4,133 3,017 15 218 11 658 6 276 1 527 15 862 11,607 6 377 1 850 16, 762 11, 824 7,056 1,771 18, 719 12, 668 8,505 1,949 4 558 4 558 4 602 4,725 4,864 1 418 1 418 1 514 1,568 Orders new (net), qtrly total mil $ U.S Government do Prime contract do Sales (net) receipts or billings Qtrly total do U.S. Government do 17 14 16 16 13 Backlog of orders, end of period 9 do U.S. Government do Aircraft (complete) and parts do Engines (aircraft) and parts do Missiles, space vehicle systems, engines, propulsion units and parts mil $ Other related operations (conversions, modifications) products services mil $ Aircraft (civilian)' Shipments© mil $ 685 9 16 083 244 0 1 066 1 109 7 22 905 2 263 I9 8 287 2 91 2 9 075 2 30 0 99 7 2 071 23 1 thous_. do __do do _do do 9, 100. 4 8 759 8 7, 637. 7 7 443 5 1,462.7 1 316 3 9, 292. 3 1, 031. 4 8 931 5 995 1 884.3 7, 751. 8 862 4 7 554 1 147.0 1, 540. 5 1 377 4 132 6 936.7 910.7 798.1 782 8 138.6 127 9 906.0 1, 124. 6 1, 017. 7 991.4 873.2 1, 091. 0 861.0 774. 8 957.5 846.9 937 9 753 1 156.7 131.2 167.1 153 1 144 5 120 2 Exports do 637 086 085 407 203 17 13 16 16 12 970 516 282 686 815 3 995 2 971 3 534 4 262 3 247 13 904 10 950 5 301 1 510 15 218 11 658 6 276 1 527 4 646 1 295 4 2 4 4 3 137 9 9 834 57 2 159.6 3 174 51 8 1,683 130.8 2 562 24.1 145.2 2 866 61.1 148.4 2,682 57.9 986.0 1, 058. 6 960.7 1, 034. 3 894.1 832.7 880.9 819.3 164.5 153.3 153. 4 141.4 880.1 863.8 754.0 745.6 126.1 118.2 444.7 433.9 333. 0 330.4 111.7 103.5 598.7 1, 016. 8 1,061.5 U,024.2 i 975. 8 974.3 1,018.9 574.2 911.9 1863.4 i 816. 5 862.2 459.7 882.0 445.2 831.8 149.6 i 160. 8 1 159. 3 139. 0 154.6 136.9 129.0 142.5 11.9 10.3 8.0 2.2 5.9 13.1 4.9 5.3 124.6 9 574 34.3 119. 1 0 472 23.0 111.2 2,508 17.7 162.5 3 083 47.1 49.5 MOTOR VEHICLES Factory sales, total Domestic Passenger cars, total Domestic Trucks and buses, total Domestic _ _ Exports, total Passenger cars (new and used) Trucks and buses do do do 275 1 154 2 120 9 329 5 176 7 152 8 36 1 20 7 15 3 Imports (cars trucks buses) totaled do 441 6 543 2 493 7 Rf)f> Q Shipments, truck trailers: 77 585 Complete trailers and iiassis number 86 938 Vans do 51 836 46 620 Trailer bodies and chassis (detachable), sold 7 794 separate i\ number 5 340 [Registrations:© New passenger cars .thous__ 7, 556. 7 8, 065. 2 Foreign cars _ _ _ _do 385.6 484.1 23 11.6 79 36 24.1 16 2 80 16.6 10 1 13.8 2321 6.5 8.2 5.6 6.6 5.3 66 4 £O A 26 1 90 a 46 1 44 0 58 0 56 9 66.7 65 1 42.4 41 8 52.6 51 4 47.5 46 2 20.1 19 2 49.2 46 7 7 157 4, 510 7 063 4,536 7 481 4,613 9 591 5,659 9 337 5,753 9 390 5,923 9,134 5,544 8,174 5,261 8, 752 5,627 8.649 5,533 6. 6 2345 7.7 5.3 21.6 16.6 25.1 16.5 4.9 8.6 62.4 57.0 68.0 60 3 60.5 56.3 8,760 5,716 '8,363 '5,684 9,189 6,173 2,020 20.3 14.0 6.3 867 403 305 245 422 642 1,156 1,593 1,146 1,849 2, 402 ' 2, 469 756.8 39.4 1 244 2 1 361 8 113 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 2 833.6 52. 0 136.4 766. 7 54.3 129.7 589.5 745.8 793.9 122.6 133.1 122.5 7,112 4, 883 2,229 6,983 4,598 2,385 RAILROAD EQUIPMENT Freight cars (ARCI): Shipments Equipment manufacturers, total Railroad shops domestic New orders Equipment manufacturers, total Railroad shops, domestic 44, 969 31, 290 13 679 69, 074 45, 360 23 714 6,490 4,665 1 825 6,130 4,272 1 858 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 5,784 3,739 2,045 5,034 3, 583 1,451 6,345 4,429 1,916 do -do do 61 066 43, 985 17, 081 71 147 44, 627 26, 520 9 741 6,647 3,094 9,436 4,582 4,854 4,770 3,314 1,456 7,827 6,025 1,802 ' 4, 799 3,110 '1,689 5,839 5,241 598 8,555 7,971 584 6,330 5,586 744 8,801 6,188 2,613 7,821 6,441 1,380 ARK OP nnc qo con OK 99K 19, 500 16, 965 18,845 16, 161 20, 517 16, 063 19, 589 15, 636 35 207 20, 875 14, 332 36 744 23, 982 12, 762 37 293 25, 832 11, 461 40 832 28,' 209 12, 623 42 373 30, 291 12, 082 41 735 31, 140 10, 595 42 736 32, 471 10, 265 24 27 31 29 26 22 10 13 9 0 3 7 i so 1 1Q on fid 62 K9 39 30 10 7 14 1,496 1,495 1,495 1,495 1,492 1,491 1,489 1,488 1,487 5. 7 1,488 1.481 .09 Q/tQ Equipment manufacturers, total. Railroad shops, domestic _ do do 20, 161 12, 150 Passenger cars° Shipments do Unfilled orders, end of period do 193 Freight cars, class 1 (AAR): § Number owned , end of period Held for repairs , % of total owned _ -thous _ 1, 515 6.8 18, 972 '18,972 13, 977 '13,977 254 1,495 5.9 OC 57 1,495 1, 495 5.9 l 2 'Revised. Preliminary estimate of production. See note "O" for P- S-21. 3 Beginning Jan. 1965, data exclude exports of incomplete (unassembled) vehicles. 9 Total includes backlog for nonrelated products and services and basic research. 0Data include military-type planes shipped to foreign governments. 8,894 6,512 2,382 number. ...do__ do 6.0 6.0 5.8 5.7 5.7 5.7 5.8 5.8 5.8 '6,431 ' 7, 944 ' 5, 693 ' 5, 889 '738 2,055 cfData cover complete units, chassis, and bodies. ©Courtesy of R. L. Polk & Co.; republication prohibited. § Excludes railroad-owned private refrigerator cars and private line cars. 10, 369 5, 850 _ _ 4, 519 45 266 32, 873 12, 393 Pages'S1-S40 SECTIONS General: Business indicators. Commodity prices Construction and real estate. Domestic trade Employment and population. . . . . . Finance Foreign trade of the United States.. Transportation and communications 1-7 7, 8 9,10 ... 10-12 :. 12-16 16-21 . . . . . . 21-23 23,24 Industry: Chemicals and allied products. Electric power and gas ,. Food and kindred products; tobacco Leather and products '. .. 25 26 26-30 30, 31 Lumber and products Metals and manufactures,. . , Petroleum, coal, and products Pulp, paper, and paper products 31 32-34 35,36 36,37 Rubber and rubber products, Stone, clay, and glass products Textile products Transportation equipment 37 38 38-40 40 INDIVIDUAL SERIES Advertising .10,11,16 Aerospace vehicles 40 Agricultural loans 16 Air carrier operations 23 Aircraft and parts 3,6,13-15,40 Alcohol, denatured and ethyl 25 Alcoholic beverages 8,10,26 Aluminum 23,33 Apparel 1,3,4,7,8,10-15,40 Asphalt and tar products 35,36 Automobiles, etc. . 1,3-8,10,11,13-15,19,22,40 Balance of international payments 2 Banking 16,17 Barley 27 Barrels and drums 33 Battery shipments 34 Beef and veal 28 Beverages 4,8,10,26 Blast furnaces, steel works etc 5,6,13-15 Bonds, outstanding, issued, prices, sales, yields 18-20 Brass and bronze , 33 Brick 38 Broker's balances 20 Building and construction materials 8,10,31,36,38 Building costs. 9,10 Building permits 9 Business incorporations (new), failures 7 Business sales and inventories. , . 4,5 Butter 27 Cans (tinplate) 33 Carloadings 24 Cattle and calves: 28 Cement and concrete products 8-10,38 Cereal and bakery products 8 Chain-store sales, firms with 4 or more and 11 or more stores 12 Cheese 27 Chemicals 4-6,8,13-15,19,22,25 Cigarettes and cigars 8,30 Civilian employees, Federal 14 Clay products 8, 38 Coal 4,8,13-15,22,24,35 Cocoa 23,29 Coffee 23,29 Coke 24,35 Communications 2,13-15,20,24 Confectionery, sales 29 Construction: Contracts 9 Costs 9,10 Employment hours, earnings, wages 13-16 Fixed investment, structures 1 Highways and roads 9,10 Housing starts 9 New construction put in place 9 Consumer credit 17,18 Consumer expenditures. 1 Consumer goods output, index 3,4 Consumer price index 7 Copper.. 23,33 Corn 27 Cost of living (see Consumer pirice index) 7 Cotton, raw and manufactures,, 7,8,22,38,39 Cottonseed cake and meal and oil 30 Credit, short- and intermediate-term 17,18 Crops 3,7,27,28,30, 38 Crude oil and natural gas. 4,13-15,35 Currency in circulation 19 Dairy products Debits, bank Debt, U.S. Government Department stores. Deposits, bank Disputes, industrial Distilled spirits Dividend payments, rates, and yields Drug stores, sales 3,7,27 16 18 11,12,17 16,17,19 16 26 2,3,18-21 11,12 Earnings, weekly and hourly ........... . ....... 14-16 Eating and drinking places ................... . 11, 12 Eggs and poultry ..... . ...................... 3, 7, 29 Electric power ............. ................. 4, 8,26 Electrical machinery and equipment ............ 3, 5,6,8,13-15,19,22,34 Employment estimates ...................... . . 12-14 Employment Service activities ................. 16 Expenditures, U.S. Government ................ 18 Explosives ................................... 25 Exports (see also individual commodities) ---- 1, 2, 21-23 Express operations ........ . ......... . . . . . . . . . . 23 Failures, industrial and commercial ............. 7 Fans and blowers .......... . .................. 34 Farm income, marketings, arid prices ............ 2, 3, 7 Farm wages .......... . ....................... 16 Fats and oils ............................ 8,22,29,30 Federal Government finance .................. 18 Federal Reserve banks, condition of ............. 16 Federal Reserve member banks ........... . ..... 17 Fertilizers ......... . ............ . ..... ....... 8,25 Fire losses ................................... 10 Fish oils and fish ........................... .. 29 Flooring, hardwood ........................... 31 Flour, wheat ....... . . . . ...................... 28 Food products. . . . 1,4-8, 10, 11, 13-15, 19, 22, 23, 27-30 Foreclosures, real estate ....................... 10 Foreign trade (see also individual commod.) ..... 21-23 Foundry equipment ...... . . . . . ................ 34 Freight carloadings .......... . ____ . ........... 24 Freight cars (equipment) . ........ . . . . ......... 4, 40 Fruits and vegetables. .......... . ........ . . . . 7, 8, 22 Fuel oil ..................................... 35, 36 Fuels ....................... ............ 4, 8, 35, 36 Furnaces .................................... 34 Furniture ........................... 3,4,8, 11-15, 17 Furs ........................ . ........... . . . . 23 Gas, output, prices, sales, revenues ............ 4, 8, 26 Gasoline ................. ................. . 1, 35, 36 Glass and products ......... . . ................ 38 Glycerin ................... .. ................ 25 Gold. ....................................... 19 Grains and products ................ 7, 8, 22, 24, 27, 28 Grocery stores. . . .......... ............. . ____ 11, 12 Gross national product . . . ...... . ..... . ........ 1 Gross private domestic investment .............. 1 Gypsum and products ......................... 8, 38 Hardware stores .............................. 11 Heating equipment ........... ................ 8, 34 Hides and skins ........ ...................... 8, 30 Highways and roads . . . . . . .................... 9, 10 Hogs ........... ............................. 28 Home Loan banks, outstanding advances ........ 10 Home mortgages ............................. 10 Hosiery ..................................... 40 Hotels. . ................................. 14,15,24 Hours of work per week ....................... 14 Housefurnishings ..................... 1,4,7,8,10-12 Household appliances and radios ........... 4, 8, 11, 34 Housing starts and permits .................... 9 Imports (see also individual commodities) ..... 1, 22, 23 2, 3 Income, personal ............................. 18 Income and employment tax receipts. . . . . ....... Industrial production indexes: 3, 4 By industry. ............................... 3, 4 By market grouping ........ ................ Installment credit ......................... 12, 17, 18 12 Installment sales, department stores ............ Instruments and related products .......... 3, 5, 13-15 Insurance, life. . . ..................... , ....... 18, 19 Interest and money rates ...................... > 17 Inventories, manufacturers' and trade ....... 4-6, 11, 12 5 Inventory-sales ratios ......................... Iron and steel ...... 3, 5, 6, 8, 10, 13-15, 19, 22, 23, 32, 33 16 Labor advertising index, disputes, turnover 12 Labor force 28 Lamb and mutton ............ . ........... 28 Lard Lead ..................... . ........... 33 Leather and products ............... 3, 8, 13-15, 30, 31 Life insurance ................................ 18, 19 Linseed oil. . ................................. 30 Livestock .............................. 3, 7,8,24, 28 Loans, real estate, agricultural, bank, brokers' (see also Consumer credit) ............. 10, 16, 17, 20 Lubricants ................................... 35, 36 Lumber and products ............... 3, 8, 10-15, 19, 31 Machine toools ............................... 34 Machinery ..... . ............ 3, 5, 6, 8, 13-15, 19, 22, 34 Mail order houses, sales ......... . ............. 11 Manmade fibers and manufactures .............. 8, 39 Manufacturers' sales (or shipments), inventories, orders ..................................... 4-6 Manufacturing employment, production workers, payrolls, hours, earnings ........... . ......... 13-15 Manufacturing production indexes .............. 3, 4 Margarine ................................... 29 Meat animals and meats ................ 3, 7, 8, 22, 28 Medical and personal care .......... . .......... 7 Metals ................. 3-6, 8, 13-15, 19, 22, 23, 32-34 Milk ........................................ 27 Mining and minerals .............. 2-4, 8, 13-15, 19, 20 Monetary statistics ........................... 19 Money supply ..... . .......................... 19 Mortgage applications, loans, rates ........ . 10, 16, 17 Motor carriers ............................... 23, 24 Motor vehicles .......... 1, 3-8, 10, 11, 13-15, 19, 22, 40 Motors and generators ................... ..... 34 National defense expenditures., 1,18 National income and product, . , 1,2 National parks, visits. . . . . . . . . .. 24 Newsprint , 23,37 New York Stock Exchange, selected data 20,21 Nonferrous metals 3,8,19,23,33,34 Noninstallment credit 17,18 Oats Oil burners Oils and fats Orders, new and unfilled, manufactures' Ordnance Paint and paint materials Panama Canal traffic Paper and products and pulp 27 34 8,22,29,3Q 6 13-15 8,25 24 3, 5,6,8,13-15,19,23,36,37 Parity ratio 7 Passports issued 24 Payrolls, indexes 14 Personal consumption expenditures 1 Personal income 2,3 Personal outlays , 2 Petroleum and products 4-6, 8,11,13-15,19,22,23,35,36 Pig iron 32 Plant and equipment expenditures 2,20 Plastics and resin materials 25 Population 12 Pork 28 Postal savings , 17 Poultry and eggs 3,7,29 Prices (see also individual commodities) 7,8 Printing and publishing 4,13-15 Profits, corporate 2,19 Public utilities 2-4,7-9,13-15,18-21 Pullman Company 24 Pulp and pulpwood 36 Purchasing power of the dollar 8 Radiators and convectors 34 Radio and television. . . , . , . 4,8,10,11,34 Railroads 2,13,14,16,18,20,21,24,40 Railways (local) and bus lines. 13-15,23 Rayon and acetate 39 Real estate 10,17,18 Receipts, U.S. Government 18 Recreation 7 Refrigerators and home freezers 34 Rent (housing) 7 Retail trade 4,5,7,11-15,17,18 Rice 27 Roofing and siding, asphalt. 36 Rubber and products (incl. plastics) 4-6, 8,13-15,23,37 Saving, personal Savings deposits Securities issued Security markets Services Sheep and lambs Shoes and other footwear Silver Soybean cake and meal and oil Spindle activity, cotton Steel ingots and steel manufactures Steel scrap Stock prices, earnings, sales, etc Stone, clay, glass products Stoves and ranges Sugar Sulfur Sulfuric acid Superphosphate 2 17 19,20 20,21 1,7,13-15 28 8,11,12,31 19 30 39 32,33 32 20,21 3-5,8,13-15,19,38 34 23,29 25 25 25 Tea imports. 29 Telephone, telegraph, cable, and radiotelegraph carriers 13-15,24 Television and radio 4,8, 10,11, 34 Textiles and products 3,5,6,8,13-15,19,22,38-40 Tin 23, 33 Tires and inner tubes 8,11,12,37 Tobacco and manufactures 4-8,10,13-15,22,30 Tractors 22,34 Trade (retail and whoelsale) 4, 5,11,12 Transit lines, local 23 Transportation 1,2,7,13-15,23, 24 Transportation equipment 3-6,13-15,19, 40 Travel 23,24 Truck trailers 40 Trucks (industrial and other) 34,40 Unemployment and insurance U.S. Government bonds U.S. Government Utilities 12,16 16-18,20 finance 18 2-4,9,13-15,18-21,26 Vacuum cleaners Variety stores Vegetable oils Vegetables and fruits Vessels cleared in foreign trade Veterans' benefits Wages and salaries Washers and driers Water heaters Waterway traffic Wheat and wheat Wholesale price indexes Wholesale trade. Wood pulp Wool and wool manufactures Zinc 34 11,12 30 7,8,22 24 16,18 flour 2,3,14-16 34 34 24 28 8 4,5,7,13-15 36 7,8,23,39 33,34 UNITED STATES G O V E R N M E N T P R I N T I N G OFFICE POSTAGE AND FEES PAID 0. S. GOVERNMENT PRINTING OFFICE D I V I S I O N OF PUBLIC DOCUMENTS W A S H I N G T O N . D.C. 2O4O2 First-Class Mail MAJOR BUSINESS INDICATORS: ANNUAL SUMMARY, 1961-65 Item 1961 1962 1963 1964 19651 520.1 560.3 589.2 628.7 676.3 335.2 71.7 56 107.6 355.1 83.0 51 117.1 373.8 86.9 59 122.6 398.9 92.9 86 128.4 428.7 105.7 71 134.8 497 3 530. 0 550 0 577.6 609 6 427.3 457.7 481. 1 514.4 554.7 National Income and Product Gross national product, total (bil. $) Personal consumption expenditures Gross private domestic investment Net exports of goods and services Govt. purchases of goods and servicesGross natl prod total (bil. 1958 dol.) National income (bil. $) - __ Personal Income 416.8 442.6 464.8 495.0 530.7 Wage and salary disbursements, total. _ Other labor income Proprietors' income Rental income of persons 278. 1 12.7 48.4 16 0 296. 1 13.9 50.1 16.7 311.2 14.8 50.8 17 6 333.5 16.5 51.1 18.2 357.4 18 2 54.6 18 6 Dividends Personal interest income Transfer payments Less personal contributions social insur 13.8 25 0 32 4 9.6 15.2 27 7 33.3 10.3 15.8 31 1 35.2 11.8 17.2 34 3 36.6 12.4 18.9 37 1 39 2 13 2 400.0 425.5 447.4 478.7 512.1 Total (bil. $) Total nonagricultural income (bil. $) New Plant and Equipment Expenditures All industries total (bil $) Manufacturing Durable goods industries _ Nondurable goods industries Mining Railroad Transportation, other than rail Public utilities. Communication Commercial and other _ . . - _ . „ ' • ^ ^ 34 37 37. 31 39 22 44 90 51 83 13.68 6.27 7.40 14.68 7.03 7.65 15.69 7.85 7.84 18.58 9.43 9.16 22.51 11.34 11. 18 .98 .67 1.85 5.52 3.22 8.46 1.08 .85 2.07 5.48 3.63 9.52 1.04 1.10 1.92 5.65 3.79 10.03 1.19 1.41 2.38 6.22 4.30 10.83 1.30 1.68 2.83 6.84 2 16. 66 Manufacturing and Trade Sales, Inventories, and Orders Sales, total (bil. $) . 729. 0 780.9 816.0 871.8 945.0 370.6 186.4 184.2 399.7 206.2 193.5 417.3 216.8 200.4 445.6 230.8 214.8 483.1 252.1 231.1 Retail trade, totalfDurable goods stores Nondurable goods stores 218.8 67.0 151 8 235.4 74.5 160 8 246.4 79.5 166 9 261.6 84.2 177 5 284.3 93.7 190 6 Merchant wholesalers, total Durable goods establishments. Nondurable goods establishments 139. 5 56.9 82.6 145.9 60.3 85.6 152.3 62.9 89.4 164.6 69.0 95.6 177.6 76.3 101.3 Inventories, book value, end of year, unadjusted, total (bil. $) 94.4 99.0 103 8 109 2 118. 2 54 8 32.2 22.5 57 4 33.9 23.5 59 7 35 6 24.2 62 6 38 0 24.6 67 5 41.7 25.8 Retail trade, totalf Durable goods stores Nondurable goods stores 25.4 10.7 14.7 27.1 11.4 15.7 28.5 12.1 16 4 30.2 12.9 17 3 32.9 14.4 18 5 Merchant wholesalers, total Durable goods establishments Nondurable goods establishments 14.2 7.7 6.5 14.5 7.9 6.6 15 5 8.2 7.3 16.4 8.9 7.5 17 8 9.9 7.9 Manufacturing, total Durable goods industries Nondurable goods industries _ _ Manufacturing, total Durable goods industries Nondurable goods industries. 1 Preliminary. __ 2 includes communication. 1961 1962 1963 1964 372.7 188.0 184.8 398.0 205.0 193 0 420. 4 219.6 200 8 452.4 237.6 214 7 492.1 260.6 231 5 44.8 3.0 47.9 46.2 43.7 2.6 49.1 46 2 3.0 56.0 53 0 2.9 64.9 61 6 3.3 104.2 105.4 106.7 108 1 109 9 100 3 100 6 100 3 100 5 102 5 109.7 109.6 107.0 112.9 102. 6 122.3 118 3 118.7 117.9 119 8 105.0 131.4 124 3 124.9 124.5 125 3 107.9 140.0 132 3 133.1 133. 5 132 6 111.3 151.3 143 3 144.9 148.3 140 6 114.5 161.4 55.4 38.3 21^7 17.1 59.6 41.7 24 3 17.9 62.8 43.9 25 8 18.9 65.8 45.9 26 5 19.9 68.1 47.9 26 6 20.2 71.6 66.8 4.8 6.7 71.9 67.8 4.0 5.6 73.0 68.8 4.2 5.7 74.2 70.4 3.9 5.2 75.6 72.2 3.5 4.6 54.0 16.3 55.5 16.9 56.6 17.0 58.2 17.3 60.4 18.0 105.4 113.8 117. 9 124.2 135. 9 39.8 40.4 40.5 40.7 41.1 Consumer credit (short- and intermediate-term), outstanding, end of year* Total (bil. $) Installment __ _ 57.7 43.5 63.2 48. 0 69.9 53.7 76.8 59.4 86.0 67.4 Federal finance (bil. $) : Budget receipts and expenditures: Receipts, net Expenditures, total 78.2 84.5 84.7 91.9 87.5 94.2 88.7 96.9 96.7 101.4 143.2 29.1 114.1 78.5 146.2 30.1 116.1 91.1 150.6 31.5 119.0 105.5 156.3 33.5 122.8 119. 4 162.6 35.2 127.4 137.6 21.0 14.7 21.7 16.4 23.3 17.1 26.5 18.7 27:3 21.4 Item 1965 ! Manufacturing and Trade Sales, Inventories, and Orders— Continued Manufacturers' orders (bil. $) : New (net), total __ Durable goods industries Nondurable goods industries Unfilled, end of year, unadjusted,, , ^ „ Durable goods industries Nondurable goods industries ... . Prices Consumer prices (1957-59=100) Wholesale prices (1957-59= 100) : All commodities combined index Production Industrial prod., total (1957-59= 100) M anu facturing Durable manufactures Nondurable manufactures Mining Utilities _ . Construction New construction, total (bil. $) Private, total _ Residential (nonfarm) Public, total Civilian Labor Force Total, persons 14 years of age and over, monthly average (mil.) Employed _ _ Unemployed Percent of civilian labor force Employment, Payrolls, Hours Employees on payrolls (nonagricultural estab.), mo. avg., total (mil.) Manufacturing Prod, workers on mfg. payrolls: Payroll index (1957-59=100) Average weekly hours per production worker _ __ Finance Money supply etc. (av. of daily fig.) (bil. $) : Money supply, total Currency outside banks Demand deposits Time deposits adjusted (bil. $) Foreign Trade Exports, incl. reexports (bil. $) General imports (bil. $) fRevised series; see p.20 ff. of this issue of the SURVEY.