View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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.
Make checks payable to the Superintendent^ of Documents and send to U.S. Government Printing Office,
Washington, D.C., 20402, or to any U.S. Department of
Commerce Field Office.

U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex,, 87101
tLS. Courthouse Ph. 247-0311.
Anchorage, Alaska, 99501
LoussaoSogtt Bldg. 272-6331.
Atlanta, Ga., 30303
75 Forsy th St. NW, 526-6000,
Baltimore, Md., 21202
305 U.S. Customhouse PL 2*8460.
Birmingham, Ala., 35203
2030 Third Ave. N. Ph, 325-3131.
Boston, Mass., 02110
80 Federal St. CA 3-2312*
Buffalo, N,Y,, 14203
117 Ellicott St. Ph. 842-3208.
Charleston, S.C,, 29403
334 MeefiiJg St.
Ph. 747-4171.
Charleston, W. Va., 25301
500 Quarrier St. Ph, 343-6196.




Cheyenne, Wyo., $2001
6022 B.S. Federal Bldg.
Ph. 634-5920.
Chicago, 111., 60604
1486 Hew Federal Bldg.
Ph. 828-4400.

Detroit, Mich*, 48226
445 Federal Bldg. Ph. 226-6088.

Cincinnati, Ohio, 45202
550 Main St. Ph. 684-2944.
Cleveland, Ohio, 44101
E. 6th St. and Superior Ave.
Ph. 241-7900.
Dallas, Tex., 75202
1114 Commerce St. HI 9-3287.

Hartford, Conn., ©610$
18 Asylum St. Ph. 244-3530.

Denver, Colo., 00202
16407 Fed. Bldg., 20th & Stoet Sts.
Ph. 297-3246.
Des Moines, Iowa, 50309
1216 Paramount Bldg.
Ph. 284-4222.

Greensboro, N.C., 27402
412 U.S. Post Office Bldg.
Ph. 275-9111.

Honolulu, Hawaii, 96813
202 International Savings Bldg.
Ph. 588-977.
Houston, Tex., 77002
SISKttskAve. Ph. 228-0611.
Jacksonville, Fla., 32202
208 Laura St. Ph. 354-7111.
Kansas City, Mo., 64106
911 Walnut St. BA 1-7000.
tos Angeles, Ciilif., 90015
1031 S. Broadway Ph. 688-2833.

MempMs, Tesan., 3S10B
345 Federal Office Bldg.
Ph. 534-3214.
Miami, Fla., 33130
51 SW. First Ave. Ph. 350-5267.
Milwaukee, Wis., 53203
. 238 W. Wisconsin Ave. BE 2-8600.
Minneapolis, Minn.,'55401
306 Federal Bldg. Ph. 334-2133.
New Orleans, La., 7013®
610 South St. Ph. 527-6546.
New York, N.Y.j 10001
' '
Empire State Bldg. LO 3-3377.
Philadelphia, Pa., 19107 ' ' '
1015 Chestnut St. Ph. 597-2850.
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.