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m
JANUARY 1964
survey of
CURRENT
BUSINESS
U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
•'&.
SURVEY OF CURRENT BUSINESS
JANUARY 1964
VOL. 44, NO. 1
U.S. Department of Commerce
Luther H. Hodges
Secretary
Office of Business Economics
George Jaszi
Director
Louis J. Paradiao
Associate Director
Contents
Murray F. Foss
Editor
K. Celeste Stokes
Billy Jo Hurley
Statistics Editor
Graphics
STAFF CONTRIBUTORS
TO THIS ISSUE
PAGE
THE AMERICAN ECONOMY IN 1963..,.....,.
1
Balance of Payments
Walther Lederer
BALANCE OF PAYMENTS....................
3
NATIONAL INCOME AND PRODUCT IN 1963.
5
National Income and Product
Robert B. Bretzfelder
Genevieve B. Wimsatt
POSTWAR EXPANSION OF OUTPUT
13
EMPLOYMENT—PRICES—FINANCE.
17
EXPANSION IN MERCHANDISE EXPORTS, IMPORTS, AND
TRADE SURPLUS IN 1963.
22
NEW AND REVISED STATISTICAL SERIES.
28
CURRENT BUSINESS STATISTICS
General
S1-S24
industry
S24-S40
Subject index
Inside Back Cover
Postwar Expansion of Output
Martin L. Marimont
Lawrence Grose
Employ men t—Prices—Finance
L. Jay Atkinson
Carl E. Jones
John A, Gorman
Article
Marie T. Bradshaw
Max Lechter
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U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex., 87101, U.S. Courthouse. Phone
247-0311.
Anchorage, Alaska. 99501, Lotissac-Sogn Bldg. BR
2-9H11.'
Atlanta, Ga., 30303, 75 Forsyth St. N W. JA 2-4121.
Birmingham, Ala., 35203, 2030 Third Ave. N Phone
323-8011.
Boston, Mass., 02110, 80 Federal St. C A 3-2312.
Buffalo, N.Y., 14203, 117 Ellicott St. TL 3-4216.
Charleston, S.C., 29401, Suite 201, Marcus Bldg., 6 Broad
bt. Phone 772-6551.
Cheyenne, Wyo., 82001, 16th St. and Capitol Ave.
Phone U34-2731.
Chicago, HI., 60606, 226 W. Jackson Blvd. Phone 8284400.
Cincinnati, Ohio, 45202, 36 E. Fourth St. Phone 3812200.
Cleveland, Ohio, 44101, E. 6th St. and Superior Ave.
Phone 241-7900.
Dallas, Tex., 75201. Merchandise Mart. RI 9-3287.
Denver, Colo., 80202, 142 New Customhouse. Phone
534-4151.
Detroit, Mich., 4822G, 438 Federal Bldg. Phone 2266088.
Greensboro, N.C., 27402, 407 U.S. Post Office Bldg.
Phone 273-8234.
Hartford, Conn., 06103,18 Asylum St. Phone 244-3530
Honolulu, Hawaii, 96813, 202 International Savings
Bldg. Phone 58831.
Houston, Tex., 77002, 515 Rusk Ave. CA 8-0611.
Jacksonville, Fla., 32202,512 Greenleaf Bldg. EL 4-7111.
Kansas City, Mo., 64106, 911 Walnut St. BA 1-7000.
Los Angeles, Calif., 90015, 1031 S. Broadway. Phone
688-2830.
Memphis, Tenn., 38103, 345 Federal Office Bldg. 5343214.
Miami, Fla., 33132, 14 NE. First Ave. FR 7-2581.
Milwaukee, Wis., 53203, 238 W. Wisconsin Ave. BR
2-8600.
Minneapolis, Minn., 55401, Federal Bldg. Phone 3342133.
New Orleans, La., 70130, 333 St. Charles Ave. Phone
527-6546.
New York, N.Y., 10001, Empire State Bldg. LQ 3-3377.
Philadelphia, Pa., 19107, 1015 Chestnut St. WA 3-2400.
Phoenix, Ariz., 85025, 230 N. First A ve. P hone 261-3285.
Pittsburgh, Pa., 15222, 355 Fifth Ave. Phone 471-0800.
Portland, Oreg., S7204, 217 Old U.S. Courthouse Bldg.
Phone 226-3361.
Reno, Nev., 89502, 1479 Wells Ave. FA 2-7133.
Richmond, Va., 23240, 2105 Federal Bldg. Phone 6493611.
St. Louis, Mo., 63103, 2511 Federal Bldg. MA 2-4243.
Salt Lake City, Utah, 84101, 222 SW. Temple St. DA
8-2911.
San Francisco, Calif., 94111, Room 419 Customhouse.
YU 6-3111.
Santurce, Puerto Rico, 00907, 605 Condado A ve. Phone
723-4640.
Savannah, Ga., 31402, 235 U.S. Courthouse and P.O.
Bldg. AD 2-4755.
Seattle, Wash., 98104, 809 Federal Office Bldg. MU
2-3300.
The American Economy in 1968
Y most measures the performance
of the American economy in 1963
was outstanding. Production and sales
rose by sizable amounts to new records.
The output increase was accomplished
with comparatively little rise in the
price level and led to new peaks in
employment and a record flow of income—both wages and profits.
All major markets shared in last
year's output advance. No single element of demand was dominant, although durable goods, notably automobiles, and construction, especially
residential building, were particularly
strong. The course of activity was
upward throughout the year, in spite
of the dampening effects of a sharp
reduction in steel production that
followed the spring wage settlement
and lasted almost two quarters.
The upturn in business that began
in early 1961 has now lasted almost
3 years, a comparatively long time
judged by historical standards, and
the year 1964 starts off with rising
activity. Measured from the previous
trough, the increase in GNP up to
the final quarter of 1963 has been
considerable—approximately $100 billion. The record of 1963 is no less
impressive when compared with I960,
the previous cyclical peak. The 12 percent increase in real output over these
3 years represents a distinct improvement as compared with that from
1957 to 1960. However, these periods
are too short and not sufficiently free
of cyclical movements to warrant
definitive conclusions regarding basic
growth trends.
Despite the impressive achievements
of 1963, the fundamental problems that
have beset the economy in recent years
were still present. Although employment rose by approximately 1 million
over 1962, the labor force grew somewhat more and slightly more persons
were out of work as compared with a
year earlier. The problem was particularly serious for the young and inexperienced in the labor force, whose
numbers were rising more rapidly as a
result of the baby boom of the war and
early postwar period. There were,
moreover, significant numbers of families and individuals who did not share
in the Nation's prosperity and whose
continued low levels of education, training, and living standards posed an
important and difficult problem for
solution.
Table
1.—Selected Economic
1962-63
Measures,
1962
19631
Gross national product
bil.$__
GNP in constant 1963 dollars
bil.$_
National income
bil.$__
Corporate profits before taxes
bil.$__
Personal income
bil.$-_
554.9
585. 0
5.4
563.6
453.7
585. 0
478.4
3.8
5.4
46.8
442. 1
463.0
51.7
10.5
4. 7
Retail stores sales
bil.$_ _
Dealers' domestic sales of new
cars
thous__
Expenditures for new plant and
equipment
bil $
Total construction
bil.$__
Private nonfarm housing starts
mil.units--
235.4
247.0
4.9
6,753
7,334
8.6
37.31
59.0
39. 05
62.8
4.7
6.4
1.44
1.56
8.5
Manufacturers' sales
bil.$__
Industrial production
1957-59 = 100__
Steel production
mil. tons- _
399.7 "416.4
4.2
Percent
change
118
98.3
124
109.3
5.1
11.2
Employees in nonfarm establishments
thous__ 55, 841
4,007
Unemployment
tbous
57, 182
4,166
2.4
4.0
Consumer prices
1957-59=100__
Wholesale prices... .1957-59 = 100_ _
105.4
100.6
"106.7
e 100. 3
1.2
-.3
Loans and investments of commercial banks, end of year
bil.$._
228.1
246.3
8.0
Consumer installment credit outstanding, end of year
bil.$._
48.0
e 53. 7
* Preliminary.
2 Estimated.
11.9
The Nation's international accounts
were still out of balance in 1963, in
spite of continuing efforts aimed at
reducing the adverse balance. Although some improvement was evident
after midyear for the first three quarters
of 1963 the deficit in the balance of
payments exceeded the prior-year total.
Year end position
As the year came to a close, demand,
production, and incomes were rising,
and, with a tax cut likely, the questions
that were raised about 1964 sales and
output were concerned with the size
of the prospective rise rather than with
the direction of change.
Consumer markets were particularly
strong at year end. Active holiday
buying made December retail trade the
best on record—6 percent above December 1962—and raised sales some 41A
percent above the seasonally adjusted
November rate. Retail buying in that
month had slumped sharply following
the death of President Kennedy. Nondurable goods sales moved considerably
higher in December, after having
changed comparatively little over the
previous 4 months. Automobile sales
were at approximately peak rates after
a good but much less buoyant
November.
Underlying the favorable retail trade
performance in December was a sizable
pickup in personal income, which rose
to more than $475 billion, at an annual
rate. This was a rise of some $2% billion over November and $23 billion over
the December 1962 total. Wages and
salaries were up about $1 billion over
the month, and dividends by $1.3 billion, as a result of heavy year end payments. The second step of a Federal
1
THE ECONOMY IN THREE YEARS OF UPTURN
Billion $
700 f
Billion S
550
PERSONAL INCOME
(annual rate)
GROSS NATIONAL PRODUCT
(annual rate)
600 ~
450
'Billion $
60
-
CORPORATE PROFITS
BEFORE TAX, INC. 1VA
(annual rate)
50
Tola/
500
Wages and Salaries
350
40
\
400
250
196!
1962
1963
Billion $
1964
1961
Thousand Units
25
1964
1961
1962
1963
1964
Millions
2.0
PLANT AND EQUIPMENT
EXPENDITURES
(OBE & SEC)
(annual rate)
Retail Store Sales
(left scale)
1,000
1963
Billion $
50
20
1962
(PRIVATE NONFARM HOUSING
!STARTS (annual rate)
1.5
40
\
" ^. . ."""""
15
500
1.0
30
3 - Month's Trailing Av
0, Anticipated
Auto Dealers' Sales
(right scale)
10
20
196!
]962
1963
1964
1961
1962
1963
1964
Millions
Billion $
80
—
65
(Annual Rate)
1961
]962
1963
1964
Percent
10
EMPLOYEES IN NONFARM
ESTABLISHMENTS
UNEMPLOYED AS A [PERCENT
OF CIVILIAN LABOR FORCE
Government Payrolls
60
\
60
40
Pefense Shipments
55
20
1*1 iViVi 1 1 i i 11 i 11 1 1 1 1 i n i 1 1 1 1 1 1 1 1 1 1 11 i i L
1961
3962
1963
1961
1962
1963
1964
80
YIELDS (unadjusted)
PRICES (unadjusted)
1961
1962
1963
1964
1941 _ 43 = 10
Percent
1957- 59= 100
120
50 i i m i l l 11 n
1964
STOCK PRICES (unadjusted)
U.S. Treasury Bonds
no
4 -5;
70
--•"•••• \
100
Stone/arc/ &
—Poor's Composite
500 Common Stocks
3 - Month Treasury Bills
Wholesale
90
1 1 1 1 1 i i ) H 1 1 1 1 I i I i H 1 1 1 1 1 1 1 M I i I 11 i I i i i I i
1961
1962
1963
1964
0
I t I H l h I M l l l l 1 I I I l l l I i l l n i l l l t l I I ll 1
1961
1962
1963
Seasonally Adjusted
U.S. Department of Commerce, Office of Business Economics
1964
50
1961
1962
1963
1964
SURVEY OF CURRENT BUSINESS
January
Government pay increase became effective at the start of 1964 and is estimated
to boost personal income by $0.4 billion
at an annual rate. Another accelerated
dividend payment to holders of GI
life insurance—$234 million—was also
scheduled to start in January.
Business plant and equipment expenditures, according to the December
,3BE-SEC investment survey, were
scheduled to rise moderately in the first
half of 1964. Housing expenditures
were very large in the final quarter of
1963, and building pen nits in December
were at the best rates of the year. The
strength in housing was concentrated in
mult if a j nily units.
Additions to business inventories
were somewhat higher in the fourth
quarter of the year than in the two preceding quarters but overall there was no
excessive accumulation. Indeed, business inventory policy continued to be
conservative as supplies were readily
available and prices comparatively
stable. With steel consumption rising,
the excess of steel inventories that had
caused the decline in steel production
earlier in the year had largely disappeared. Automobile stocks at retail
were somewhat higher in December
than at the end of September but many
prospective purchasers were still required to wait several weeks for
deliveries of the more popular models.
State and local government expenditures rose in the last quarter of 1963 and
further increases in 1964 were in prospect. Federal purchases were also expected to increase in the first half of the
coming year. The larger new prospects
for Federal purchases will be discussed
in the February issue of the SURVEY,
when the detailed budget estimates have
been analyzed.
Prices in wholesale industrial markets,
particularly in durable goods, were a
bit firmer at yearend than they had
been during the year as a whole. Farm
prices were somewhat weaker than they
had been a year earlier but consumer
prices continued their very slow upward m o vein en t.
With business prospects favorable,
common stock prices were bid up to
peak levels late in the year. Despite
dividend increases through 1963, dividend yields were not much higher than
at the end of 1961. Money markets
were not quite so easy as in the first
half of 1963, as balance of payments
considerations caused the monetary authorities to move slightly away from a
policy of ease and exert upward pressure
on short-term interest rates. With investment demand moving higher, there
was evidence of some finning in longterm rates.
The Balance of Payments
THE balance of payments during the
year 1963 was characterized by sharp
changes. In the first half of the year,
particularly during the second quarter,
the balance was very unfavorable.
In the third quarter it improved markedly, and this improvement was
reasonably well maintained in the
fourth. The change in the middle of
the year resulted in part from remedial
actions taken by the Government and
BALANCE ON REGULAR TRANSACTIONS
, j *>
1953,
55 \. &7^., ,59
A
,6T
63*
f Seasonally Adjmtacl, ol Annual Rate*
| \UC$< De#*rti*reflt $f Commerce, Office o1 Business £aJneiwcs 64-*,V~.2
the Federal Reserve authorities and in
part from other favorable developments.
The latter included the effects of bad
weather conditions in certain countries
last year which led to higher exports of
U.S. agricultural products and fuels.
The initial effects of the remedial
actions, which substantially reduced net
capital outflows, were stronger than
they can be expected to be in the longrun; the higher foreign demand for
agricultural products and fuels also
reflects to a large extent special
conditions.
For the year as a whole, the adverse
balance on "regular" transactions was
still within but close to the lower part
of the range of about $3 to $4 billion
within which it has fluctuated during
the 5 years since 1958.
Aside from the sharp improvement
in the balance during the second half
of the year, an additional favorable
development was the decline in the loss
of monetary reserve assets—from $1.5
billion in 1962 to about $400 million
in 1963. Gold losses dropped from
$890 million to about $460 million and
were less than in any year since 1958.
One of the factors lessening the foreign
demand for U.S. gold was the rise in
MONETARY ASSETS AND
LIQUID LIABILITIES
BiL 1
Toto/ Monetary
30
20
Co/c/ <? Converf/Jb/e
Currencies
10
. 0
i ... t
1953
55
57
I
59
i
1
61
(
I
{
63
End of Year
o October
*
* ExtL Kon - marketable, mecHtftrvterm convertible
Govefnrrtent Securitres
tLS. Department ol Commerce, OftJc^ of Business Economics 64-1^3
SURVEY OF CURRENT BUSINESS
4
gold sales by the Soviet Union to chandise imports, a rise in exports, and
finance Soviet bloc purchases of agri- a major increase in net receipts from
cultural products, but the favorable investment incomes. In contrast, the
result on the U.S. gold position could 1963 balance improved even though
not have been achieved without the imports were rising and investment
increasing cooperation between the incomes advanced at a much slower
monetary authorities of the leading rate. The expansion of this balance in
countries in international financial a period of rising domestic business
transactions.
activity may be an indication that the
Because special payments by foreign U.S. position in international markets
countries to the United States (such as for goods and services has been strengthadvance debt repayments, advances on ening. While this interpretation apmilitary contracts, and purchases of pears to be supported also by other
nonmarketable securities) were much evidence, the special influences that
smaller than the $1.4 billion in 1962, helped to increase exports of U.S.
the balance that had to be financed by agricultural and fuel products last year
an increase in U.S. liquid liabilities should be kept in mind.
was considerably higher in 1963 than
in the previous year.
BALANCE ON PRIVATE U.S. AND
Net exports of goods and services in
FOREIGN CAPITAL MOVEMENTS
1963 were larger than in the previous
EXCLUDfNG CHANGES IN U.S.
LIQUID LIABILITIES
year, but the surplus did not quite
BiL S
0
° f st half and 3d qtr.
i
1953
I
i
55
I
L.
57
L
59
61
63*
•* Seasonally Adjusted, at Annual Rates
U.S. Departraenf of Commerce, Office of Business Economics 64— 1 -5
Excl. Exports
Financed by Gov'f Gr
and Capital
^
:
',
1953
55
57
59
61
63*'
O First Half and Third Quarter
* Seasonally Adjusted, Annual Rate
I U.S. Department of Commerce. Office af Business Economics 64-K4
attain the amount it was in 1961,
particularly if Government financed
exports are not included.
The large balance in 1961 had come
about mainly from a decline in mer-
In part it was due to a rise in capita
outflows to other countries through security purchases and direct investments
The various measures taken in the summer of 1963 to change the incentives
for investments in favor of this countrj
helped to reduce the capital outflow foi
the year as a whole to the level oJ
previous 37ears.
BALANCE ON UNRECORDED
TRANSACTIONS
8!!. S '
2 -
t half and 3d qfr.
1953
55
57
59
61
63*
* Seasonally AdfuiJed, o1 Annuai Rates
U.S. Department o! Commerce, Office o? Business Economics
BALANCE ON GOODS AND SERVICES
Excluding Military Afd
Bit, $
...
January
The rise in the adverse overall balance of payments in the first half of
1963 and the subsequent decline were
due mainly to changes in private capital
movements. The annual net outflow of
capital had risen into the $3 billion range in
1957, and, with the exception of 1959,
remained in that range. In the first
half of 1963 it was at a considerably
higher rate than previously experienced.
In part the increase compensated for
somewhat lower outflows in the preceding year, particularly to Canada.
The balance on unrecorded transactions improved sharply in the first half
of 1963, but in the third quarter reverted back to a debit balance. As the
chart indicates, since 1957 the annual
balances have shifted gradually from
net credits to net debits, but in 1963
this movement appears to have been
halted or perhaps even reversed. Since
the nature of the unexplained residual
in the balance of payments compilations
is not known, it cannot be determined
whether the change for 1963 as a whole
is temporary or whether it reflects more
lasting factors.
At yearend the balance of payments
situation appeared more favorable than
at the end of any of the preceding 5
years. Since the recent improvement
is in part due to transitory developments, however, it would be premature to conclude that efforts to improve the balance can be relaxed.
National Income and Product in 1068
A Year of Sustained and Balanced Expansion
Some of the 1963 data on the national accounts presented in this issue are
preliminary. The more complete set of tables with revised figures will appear
as usual in the February issue of the SURVEY.
GiROSS national product continued billion.
to expand throughout 1963, totaling up for
r
$585 billion for the year as a whole,
This was a gain of $30 billion or nearly
5K percent from 1962. With prices
continuing to rise at the relatively slow
pace of IK percent per year, the volume
of national production was almost 4
percent higher. Even though this rate
of gain was above the long-term average, it still was not large enough to
reduce significantly the volume of idle
resources.
Within the year, the rise in gross
national product was both steady and
well balanced, with demand higher and
rising in most major final markets.
Inventory accumulation remained modest throughout the year; profits rose
further as margins continued about
stable; there were moderate increases
in employment and wage and salary
payments; although Federal expenditures exceeded receipts throughout the
year, the deficit tended to become progressively smaller.
GNP rose by $11% billion in the
closing quarter of 1963 to reach an
annual rate of $600 billion, nearly $35
billion above the year earlier level.
In real terms, output in the closing
quarter of last year was up 4 percent
from the like quarter of 1962, 15% percent
from the recession low and 13% percent
above the previous peak. These gains
exceeded those in each of the two previous economic expansions.
The fourth quarter advance, the
largest in 2 years, reflected increased
demand in most final markets. Consumer expenditures rose by $5 billion,
of which automobiles accounted for $1%
600
Private investment was up by $3%
billion, with residential construction,
plant and equipment outlays and inventory investment all participating in the
rise. Net exports were up $1 billion
from the third quarter. The larger
part of a $2% billion increase in government purchases was accounted for by
State and local governments.
500
Major 1963 developments
Service expenditures were also
the quarter, but nondurable
goods expenditures were little changed
despite a sharp pickup in December.
GNP CONTINUES TO ADVANCE IN 1963
Billions of Current $ (ratio scale)
GROSS NATIONAL PRODUCT
400
300
200
I
I
I
1
1 1
1
60
I
I
1
I I I I
T
t
t. t
T
t
t
t
T
1 1
r
T I I
T T t T T T I
!
I
Billions of 1963 $
REAL OUTPUT'
600
500
400
300
I
1947
I
49
I
1 1
51
I
53
I
55
I
I
57
I
59
I
I
61
U.S. Department of Commerce, Office of Business Economics
I
1 I
63
64-1-7
There were noteworthy gains during
1963 in the cyclically sensitive markets:
consumer durables—in particular, automobiles—residential construction and
business fixed investment. Final demand in the trend-dominated markets—
consumer nondurables and services, and
State and local government—continued
to expand about as usual. In addition.
Federal purchasing advanced. On the
other hand, the overall pace of inventory building was little changed from
1962.
Advances in final markets were so
general that the four major types of
product—durable goods, nondurable
goods, construction, and services—all
shared in the production rise. Judged
by past business recoveries, the strong
increase in durable goods output was
striking; prior increases in durable
goods output had been sharp in the
early stages of expansion, and modest
thereafter.
Paralleling the rise in gross national
product, national income rose nearly
$25 billion to a total of about $478
billion for the year. The gain was
widespread by type of income and by
industry. There was a particularly
5
SURVEY OF CURRENT BUSINESS
6
large advance in corporate profits and
both private and government wage and
salary payments increased substantially. The continued rise in business
activity resulted in some gain in nonfarm proprietors' income, but farm
proprietors' income did not quite match
the 1962 total.
On an industry basis, the recent national income gains were centered in the
cyclically volatile commodity producing
and handling sectors. Income and output also continued to increase during
1963 in the trend-dominated servicetype industries.
Personal income, at $463 billion in
1963, was up $21 billion or nearly 5
percent from 1962. Income after taxes
increased by $18 billion to total $403
billion for the year.
J ; U i U ; i r v 11)04
The Current Expansion Has Been
Stronger Than the Two Previous
Postwar Upturns Whether Measured From;
Percent Increase
in Real GNP
25
PREVIOUS PEAK
TROUGH
20
n
10
Market Pattern of 1968 Advance
WITH incomes higher and consume s
making' increased use of credit, personal
consumption expenditures rose to $373
billion, a gain of $17% billion or about
5 percent.
Consumer durables up
The increase of nearly $2 billion in
consumer spending on new autos was
the major factor in the $3% billion or
G^-percent rise of personal consumption
expenditures for durable goods. Following a sharp advance early in the
fourth quarter of 1962, when the new
1963 models were introduced, car sales
continued high throughout 1963. A
small dip occurred late in the third
quarter when dealer inventories became
low and unbalanced, but, with the introduction of the 1964 models, sales
jumped back in the closing quarter to
reach their best pace of the year.
Home appliance and furniture demand also increased in 1963, aided in
part by the high rate of home building
activity during the last 2 years. Advancing strongly in the latter half of
1963, purchases of these items at $21
billion, was $1 billion, or 5/2 percent over
1962. Sales of other durables continued their slow uptrend of recent years,
advancing by about 4% percent to a total
of $8 billion.
Table 1.—Key Income and Prod net Data, 1961-63
[Billions of dollars]
Seasonally adjusted at annual rates
1961
19(>2
1%3
1962
IV
Gross national product
1963
I
11
III
IV
518. 2
_
_ _
.
Gross private domestic investment
Residential construction
Business fixed investment
Change in business inventories
585.0
5fi5. 2
571.8
579.6
588.7
600. 0
355. 4
48.2
161.4
145. 7
373.2
51.5
167. 2
154. 5
362. 9
50. 5
163. 6
148.9
367. 4
50. 6
165. 3
151.4
370.4
51.0
165.9
153. 5
374. 9
50.8
168. 6
155. 5
380.0
53. 5
108. 8
157. 6
69.0
21.0
46.0
1.9
.
554. 9
336,8
43.6
155. 1
138.0
_ _ _ _
Personal consumption expenditures
Durable goods
Nondurable goods
Services
_
78.8
23.2
500, 0
5. 5
82.3
25.0
52. 5
4. 7
78. 8
23.7
51. 1
4.0
77.8
22.7
50. 0
5. 1
80.7
24.8
51.7
4.3
83.7
25. 9
53. 6
4.2
87. 0
26.7
55.0
5.3
4.4
3.8
4.4
3.3
3.6
4.8
4.3
5.0
__
107.9
57.4
50.6
117.0
62.4
54.6
125. 1
66.4
58.8
120. 2
63.6
56.6
123. 0
65. 5
57.5
123.8
66. 5
57.3
125. 7
66. 4
59.4
128. 0
67.0
61.0
Gross national product in constant (1963) dollars
531.2
563. 6
585. 0
571.4
575.7
580.8
587.5
595.7
National income _ _ _ _ _ _
126. 1
453. 7
478.4
462. 2
466. 7
474.6
482.0
N.A.
302.1
43.8
80.2
322.9
47.0
83.8
340.4
51.3
86.7
327. 7
49.3
85.2
332.0
48.8
85. 9
338.7
50. 1
85.8
342.8
52.2
87.0
347. 9
N.A.
88.0
473.0
Xo.t exports of goods and services
Government purchases
Federal
State and local
.
_
_
__
Compensation of employees
Corporate profits
•Ul other
417.4
442.1
463.0
449.9
453.9
459.9
465. 2
Disposable personal income
364.4
384, 4
402.6
391.4
394.5
400.0
404.4
411.3
Disposable income in constant (1963) dollars
372.6
389.5
402.6
394.6
396.1
400.4
403. 6
409.3
Personal income
._
_
-
i The figures for 1963 and its fourth quarter are based on incomplete data.
be published in the February SURVEY.
Final figures in the usual amount of detail will
1948-1953- 1957-1960- '
52
57
60* 63
Peak to the 11th
Quarter of Expansion
1949- 1954- 1958- 196152
57
60*
63
Trough to the 11th
Quarter of Expansion
* Through the cyclical peak, 9 qtrs. foil owing the' trough.
U.S. Department of Commerce, Office of Business Economics
64-1-8
Nondurable* and services also higher
Nondurable goods expenditures—although fluctuating somewhat erratically
during the year—gained nearly $6 billion to total $167 billion in 1963. Food
buying moved up by about 3 percent;
about half of this increase was due to
higher prices. There were sizable gains
for gasoline and oil and for most other
nondurables. Apparel purchases, on
the other hand, were only slightly
higher.
Consumer expenditures for services,
continued to increase, about in line
with the long-term growth. At Slo4 l 2
billion, consumer services were up by
nearly $9 billion. As in other recent
years, these purchases moved up fairly
smoothly and the 1963 gains were widespread among the major types of
services.
Residential construction up sharply
Residential building moved steadilyupward during 1963 to total $25 billion
for the year. This was a gain of $2
billion, or 8 percent.
A total of more than 1 3 2 million new
private nonfarm units were started in
1963, nearly 125,000 or 8 percent above
1962. As in the preceding 2 years,
multifamily units have accounted for
all of the gain in housing starts. Last
year roughly half a million multifamily
dwelling units were started, more than
SURVEY OF CURRENT BUSINESS
January 1964
Business fixed investmen t
MAJOR HOUSEHOLD GOODS
Output of Most Items Shows Si2obfe
Increases in 1963
Percent Change 1962 to 1963
-40
-20
0
+20
+40
T
1
Dishwashers
Air Conditioners, Room
Food Disposers
Vccuum Cleaners
Dryers, Clothes
Refrigerators, Electric
Phonographs
TV
Clothes Washers
Ranges
i Water Hearers
i Freezers
Radios, home and auto
Data: NEMA and Other
Trade A s s o c i a t i o n s
U.S. Department of Commerce, Office of Business Economics
64-1-9
double the 1960 total attained just before the upswing in apartment buildingbegan. In the single-family sector,
starts held about steady just below 1
million units.
The abundance of mortgage money
for both single and multifamily units,
along with high and rising personal
income, undoubtedly helped to stimulate housing starts which rose gradually
all tlirough last year.
As noted in the December SURVEY,
the continued trend toward multifamily building' resulted from several
factors such as: rising replacement
demand; current and prospective increases in the number of young married
adults; and the higher proportion of the
growing number of young single adults
and older widowed or divorced persons
who are setting up households of their
own. Geographically, the swing toward multifamily units has been widespread, encompassing all sections of the
country. A significant proportion of
this type of construction has been
taking place in suburban areas, where
single-family home construction has
traditionally been dominant.
Business fixed investment advanced
$2% billion, or 5 percent, to reach a
total of $52^ billion in 1963.
As in recent years, emphasis in investment programs was on replacement
and cost reduction. Notwithstanding
some improvement in operating rates
during the year, excess capacity persisted and was still a restraint on capital
investment, which remains low relative
to total production. After averaging
well above 10 percent of total national
output during the 1947-57 period, business fixed investment fell relatively
sharply in 1958 and has since fluctuated
at about 9 percent of GNP. (See
chart on page 8.)
The 1963 increase in plant and equipment spending occurred against a background of rising profits and cash flow,
and relative stability in most long-term
interest rates. The new depreciation
guidelines issued in mid-1962 and the
investment incentive tax credit law
approved later the same year were also
stimulating factors. These measures
were retroactive to 1962 operations but
1963 was the first year in which they
were fully operative. Their effects
were probably largest on railroads and
textiles. In the textile industry, the
new depreciation guidelines became
effective earlier than in other industries.
The quarterly pattern of the 1963
advance featured somewhat reduced
expenditures in the opening quarter, a
pickup in the second and third, and a
slower rate of advance in the final
quarter.
All major industry groups, except
mining and nonrail transportation, contributed to the 1963 rise in plant and
equipment expenditures. The strongest performances were In7 durable goods
manufacturers, railroads, communications and commercial firms. (See
chart.) Durable goods producers expanded outlays by one-tenth in 1963.
This increase, following the rise of onesixth in the preceding year, brought
expenditures in this industry group back
to the previous 1957 record.
Among the major industry groups,
the railroads made the largest relative
gain—one-fourth—in plant and equipment expenditures in 1963. Sparked
by an upturn in earnings in 1961, the
railroads initiated programs to regain
traffic lost to other carriers by investing
heavily in new and more efficient freight
cars and other equipment.
In contrast to heavy goods manufacturing and railroads, expenditures for
new plant and equipment by communications and commercial firms have shown
a substantial growth trend since 1957.
This was continued last year with a
5-percent rise in dollar outlays.
EXPENDITURES FOR NEW PLANT AND EQUIPMENT
Index, 2d Qtr. 1961 -100
160
1957
140
— K^vl
l—™1
1960 high
/
—
• -
COMMERCIAL
^^m
i no
^ ^ °
/ °
1
<
'
•
I '
:
!
•
:
•
!
<
«
r—
PUBLIC UTILITIES
!
—| 140
/*o-O
^ '
,/
1 .
62
63
120
~fi
, . I , i i I : i f I < i f
1961
0
i I i i I
'""COMMUNICATIONS AND
100
__ 120
f^
°
^/
1 i i i 1 > i i 1 •[
160 ~
160
— 140
l i \ \S
i no
1
NONDURABLE GOODS M A N U F A C T U R I N G
_
high
PK
120
I n c e x , 2ci Qfr. 1961=100
DURABLE GOODS MANUFACTURING
64
Anticipated
P^
P@
XS_
i^_
^ ^/
100
/ ^5
V
[ i : : I : L i t_i , : 1
1961
62
63
k
lI
64
DATA: OBE & SEC
Note: Ratios based on s e a s o n a l l y a d j u s t e d quarterly totals.
U.S. Department of Commerce, Office of Business Economics
64-1-10
SURVEY OF CURRENT BUSINESS
8
GROSS NATIONAL PRODUCT HAS RISEN
FASTER THAN BUSINESS
FIXED INVESTMENT
1947-49=100
250
200 -
Percent
Business Fixed
Investment as a % of
GNP
10 j-
1947 49.
51- 53
55
57
59
61
63
5. Department of Commerce, Office of Business Economics (54-1-1 1
Somewhat less prominent in the 1963
capital spending picture were nondurable goods manufacturers, public utilities, and nonrail transportation firms.
Producers of nondurable goods increased plant and equipment expenditures 3 percent, with major contributions from the chemical and textile
industries. For public utilities, expenditures have been on a plateau for
several years, about one-fifth under
previous records. The 3-percent increase in 1963 was due to the enlarged
projects of the electric power sector of
the industry.
Capital spending by the nonrail transportation industry peaked in 1962, as
outlays by both air and trucking lines
set new records. Expenditures declined S percent in 1963 mainly because
of n substantial decline by the airlines.
(Government spending and
higher
receipts
Both the Federal Government and
State and local governments continued
to support the rise in private demand,
each increasing their purchases of goods
and services by about $4 billion in
1903, to
carry the total to $125 billion.
However, reflecting primarily the rise
in economic activit}^ receipts at both
levels rose even more rapidly than total
expenditures. On income and product account, the Federal deficit declined
while State and local governments realized a larger surplus than the year
before.
The advance in State and local purchases, which brought the total to
nearly $60 billion, centered in payrolls—
reflecting both increased employment
and higher average pay. In addition, there
were increases in construction outlays,
especially for highways and in a variety
of miscellaneous purchases. Total
State and local expenditures, which in
addition to purchases of goods and
services include transfer payments and
net interest paid, rose $4% billion in
1963 to $63 billion. Receipts increased
to $64 billion as overall economic
activity was higher and a number of
new tax measures became effective.
The State and local government
surplus on income and product account
was about $1 billion in 1963, $K
billion more than in 1962 and one of
the largest surpluses since early in the
postwar period. In recent years, the
rate of gain in State and local expenditures has averaged only about 8 percent compared with 10% percent in the
earlier postwar years. At the same
time, receipts have continued to increase
at nearly the same pace as in earlier
years.
Federal outlays
Federal purchases of goods and services at $66% billion were up $4 billion
from 1962. Most of this gain occurred
by the second quarter of 1963, and
Federal purchasing changed little thereafter.
The year-to-year rise was concentrated in national defense. Over $2
billion reflected higher procurement of
goods, especially durables, and the
military pay raise which became effective in the closing quarter contributed
about $% billion. Hard goods procurement fell back somewhat in the hitter
period.
Defense Department expenditures
for research and development were
substantially higher than in the previous year, and outlays by the National
January 1064
Aeronautic and Space Administration
continued their rapid increase to nearly
$3K billion in 1963, compared with $1%
billion in 1962. Atomic Energy Commission expenditures, on the other
hand, declined slightly.
Transfer payments rose almost $2
billion last year; most of the gain
occurred in the opening quarter. In
total, expenditures on national income
and product account approached $116
billion $6 billion above 1962.
Federal receipts, on the other hand,
totaled more than $113 billion for the
year, $8 billion above 1962. Most of
the gain was the result of higher levels
of economic activity. Both corporate
and personal tax accruals were about $2
FEDERAL BUDGET IN THREE
POSTWAR BUSINESS EXPANSiONS
Billion $
120
Expend
110
Receipts
100
90 I
i
1
i
2
i
3
I
4
i
i
1
1961
2
i
3
I
4
1962
t
1
i
2
i !
3
t
t
t
4
1963
100
90
80
70 I
i <
i I i
i
i
1 i i > 1 t t t
1 2 3 4 1 2 3 4 1 2 3 4
1958
1959
1960
80
jfl;l Surplus :.^vV
70
'nirmf®®*""""'
60
_L
2
3
1954
4
1
2
3
1955
4
1
j I
2
3
1956
4
1
2
3
4
1957
0 1 2 3 4 5 6 7 8 9 10 11 12 13
Quarters from GNP Trough
Note: Based on receipts and expenditures in the
national income accounts.
U.S, Department of Commerce, Office of Business Economics
64-1
SURVEY OF CURRENT BUSINESS
January 1964
STOCK - SALES RATIOS HAVE
REMAINED LOW IN CURRENT
BUSINESS EXPANSION
Ratio
1.80
1.70
1.60
1.'50
1.40
1.30
P
I
T
t
PIT
P T
i i
GNP peaks and troughs
1.20
i . ( i i i I u i 11 i i I , i , [ i i , 11 , , 11 , , I , , . | ,
1953 54 55' 56 57 58 59 60 61 62 63
.Ratio of inventories to sales in manufacturing and
trade.
U.S. Department of Commerce, Office of Business Economics
64-1-13
billion greater, and social security taxes
rose by $3 billion, partly because of the
rise in payrolls and partly because of
the statutory increase in the tax rate
effective the first of the year.
The Federal deficit on income and
product account was $2% billion last
year, $!}£ billion less than in 1962.
Because of the leveling in expenditures
and the continued increase in receipts
during the year, the deficit tended to
become progressively smaller, though
according to preliminary data, the
fourth quarter was little changed.
As the chart on page 8 shows,
the Federal Government's fiscal position in the recent period has differed
from previous expansions. Following
the low points in 1954 and in 1958,
budget balance was achieved about 1
year after the GNP trough. The continuing deficit this time reflects mainly
a steeper rise in expenditures; the
growth in receipts has been about
average.
Inventory accumulation
changed
little
Business increased its inventory
holdings by nearly $5 billion during
1963. As a similar increase had occurred during 1962, this GNP component did not contribute to the 196263 expansion in activity.
717-425—64
2
In overall terms, the quarterly pace
of inventory accumulation fluctuated
little during the year. The early
buildup in steel inventories as a hedge
against a possible strike had a stimulating effect on steel production. Later
the cutback in ordering and subsequent
liquidation of such stocks caused a
sharp decline in steel output that
lasted until the early part of the fourth
quarter. Changes in the pace of stockbuilding by other business concerns,
mainly in nondurables, were an important offset to this destabilizing
movement.
In general, business inventory policy
has been cautious throughout the current expansion, and, on an overall basis,
excesses have been avoided. As the
accompanying chart shows, the stocksales ratio has shown little change over
the past 6 quarters. Following the
typical cyclical pattern, this ratio
reached a low point about a year and a
half after the economic trough of early
1961. Its subsequent stability, however, contrasts with the rising ratio of
previous expansions.
9
has been nearly 40 per cent, and
has accounted for about two-fifths
of the GNP rise. Production of
durable goods, from a postwar low
of only 17 percent of total output in
the trough quarter, recovered to 20
percent by the closing quarter of 1963.
While this share compares favorably
with the peak quarterly ratio reached
in the economic advance of 1959-60,
the share of durables production in
total output is still below that of the
early and mid-1950's.
Much of the recent strength in
durable goods output is traceable to
the auto industry. After having advanced by nearly one-fourth in 1962,
real auto gross product rose by an
additional 10 percent in 1963, to near
record levels.
s TEEL OUTPUT AND GNP
c>teel Output Per Dollar of
Fteal GNP Turned Moderately Upward
n 1963
Pourids
1.0 OUTPUT OF STEEL
PER DOLLAR OF REAL GNP
.8
_
GNP by Type of Product
.6
The changes in market demand, just
described, have been reflected in
changes in the four major types of
product. The 7-percent advance in the
volume of durable goods output was
mainly the result of gains in personal
buying, business fixed investment, and
in Federal Government military purchases. The 2%-percent gain in nondurable goods output was, of course,
concentrated in consumer soft goods
purchases, which account for 90 percent of this category. The rise of 3%
percent in services reflected increases
in both consumer services and government payrolls. The rise in residential building, State and local construction, and
in business construction all contributed
to the 2%-percent gain in the construction component of national output.
Rise centers in durables
The strong upsurge in durable goods
production has been an outstanding
feature of the 1961-63 advance in total
business activity. In real terms, the
gain in durables output from the trough
through the closing quarter of 1963
.4
V
^v.:
\
.2
i
1
I
f
1
i
1m
This Was a Result of:
A Rise in Production of Steel Relative
to Durable Goods Output and Construction
2.8 .OUTPUT OF STEEL PER REAL
DOLLAR OF DURABLE GOODS
OUTPUT AND CONSTRUCTION
2.4
2.0
1.6
1.2
.8
I
1
1
1
1
!
Inn
and Some Expansion In Production of These
Products Relative to GNP
Perc ent
60
DURABLE GOODS OUTPUT AND
CONSTRUCTION AS A PERCENT
OF REAL GNP
40
20
i
0
0
29
i
0
© P reliminary
U.S. Department
i
0
3135
i
0
36- 4140 45
i
0
4650
0
i
0
;
OOO^
51- 56-61 63
55 60
Data: A!$i & OBE
of Commerce, Office of Business Economics 64-1-14
SUEVEY OF CUEEEXT BUSINESS
10
Last year 7.7 million domestic and
foreign autos were sold, Consumers
purchased about 6K million cars and the
remainder was sold to business and
government. Total unit sales exceeded
the 1955 record by about one-fourth
million. Sales of domestically produced cars, at 7.4 million last year,
just about equaled the 1955 record.
Sales of foreign cars, which were
negligible in 1955, totaled nearly 400,-
Ja n u a r y 1JKU
000 in 1963. While this was a gain
over the preceding 2 years, car imports
were still well below the peaks of 1959
and 1960. Domestic production approached the 1955 peak, with many
more "compacts" in the 1963 production mix, the real value of auto GNP
did not quite reach the 1955 high.
Moreover, auto gross product, at 4
percent of total output, remained well
below its peak of better than 5 per-
cent of GXP reached in 1950 and
1955.
The Upturn in Perspective
As the charts below and on page? 6
shows, the current rise in real GNP
compares favorably with the two preceding expansions. Lasting almost 3
years, this rise has already exceeded that
of 1958-60 (9 quarters), though it is
REAL GROSS NATIONAL PRODUCT
In Three Recent Cyclical Advances
inde
115
Index
GNP
1961-63
115
110
110
105
105
100
100
95
Index*
150
FINAL PURCHASES
I
i
i
I
I
i
i
I
I I
12
10
FEDERAL GOVERNMENT
OUTLAYS
RESIDENTIAL CONSTRUCTION
140
130
120
110
100
100
CONSUMER PURCHASES
'OF AUTOS & PARTS
90
90
I
80
130
I
10
I
I
12
80
10
BUSINESS FIXED INVESTMENT
12
STATE AND LOCAL
GOVERNMENT OUTLAYS
10
12
130
OTHER CONSUMER PURCHASES
120
120
110
110
100
100
\
90
i
i
i
i
10
12
0
2
4
6
8
10
12
i
8
i
I
10
i
I
90
12
• Quarters After Cyclical Trough
* Indexes based on constant 1954 dollars.
Note: The cyclical troughs in GNP are 2d qtr. 1954, 1st qtr. 1958 and 1st qtr. 1961,
U.S. Department of Commerce, Office of Business Economics
64-1-15
SURVEY OF CURRENT BUSINESS
still short of that of 1954-57 (13
quarters).
Measured from the previous trough,
the 16-percent increase in real GNP
t h a t has occurred to date has already
surpassed the gains registered in the
entire upswings of 1954-57 and 1958-60,
The 1958 expansion was 12% percent.
From the low quarter in 1954 through
'lie l l t h subsequent quarter, output
went up less than 14 percent, and for
the whole expansion the gain was 14%
percent.
When similar comparisons are made
from the peak quarter preceding each
recession, the record of the current
gains is even more favorable. (See
chart.) Real GNP is now 13^ percent
above the second quarter of 1960.
Measured from the preceding peak,
activity went up only 7% percent in the
abortive 1958-60 advance and 10 percent in the earlier period.
The stronger gain this time reflects
to some extent the moderate dimensions
of the 1960-61 recession. The drop of
11
At about $51 billion, profits before
tax in 1963 were some $4 billion above
the 1962 total. The corporate profits total is a record for any year,
despite the 1962 changes in the tax am1
depreciation rules, which had the effect
Market pattern of cyclical advance
of reducing reported profits by *>l,.ut
As the chart on page 10 shows, three $2K billion in both 1962 and 1963.
major final markets have been primarily On the old basis, 1963 profits were up
responsible for the relatively greater $6K billion or nearly 14 percent from
strength and duration of the current the previous cyclical peak in 1959.
upswing. Since early 1961, the expan- (See chart below.)
After-tax profits were also at a new
sion in residential construction, auto
peak of about $27 billion. Higher
purchases and Federal purchases of
goods and services has been steadier— earnings were reflected in both rising
except for an occasional quarter—and dividend payments and higher reof greater magnitude than in the two tained earnings. The latter, together
previous upturns. On the other hand, with rising depreciation charges, inState and local purchases and consumer creased corporate cash flow by some
buying, except for autos, have contrib- $2% billion and was sufficient to permit
uted only about as much this time as in
earlier periods. In the case of business
fixed investment, it is only in recent CORPORATE PROFITS AT NEW PEAK
IN 1963
quarters that the cumulative gain has Billion $
come to equal that of 1954-57, though
60 PROFITS BEFORE TAXES
it has all along; exceeded that of 1958-60.
under 2 percent in real GNP from
peak to trough quarter in that downturn compares with a decline of 4%
percent in 1957-58, and more than
3K percent in 1953-54.
50
40
PROFITS TAX LIABILITY
30
National Income
m
20
PROFITS AFTER TAXES
10
ALL major shares of national income—
other than farm—were up in 1963.
Corporate profits were substantially
higher, both private and government
wage and salary payments increased
more moderately.
Good corporate pro/its
Corporate profits registered the
sharpest advance among the major
shares of national income. The gain
was the result of a further rise in corporate gross output and a continued
stability in profit margins. The maintenance of corporate margins in a third
year of a cyclical expansion was in sharp
contrast to developments in the previous
two periods of increasing business.
Following the low points in both 1954
and 1958. margins went up rapidly for
about a year and a half but contracted
thereafter.
The recent strength of profit margins
has reflected near-stability in unit
labor costs, as increasing labor productivity has approximately offset the
rise in wage rates. In the previous
business expansions unit labor costs
rose sharply about a year and a half
after the start of the upturn and profit
margins contracted as a result. The
recent behavior of both wage rates and
labor productivity has been somewhat
different from earlier experience. During the current upswing, for example,
average hourly earnings have gone up
by about three-fourths of a percent
per quarter; in 1954-57 wage rates
increased by more than 1 percent per
quarter and in 1958-60 by nearly 1
percent. (See chart, page 12.) In addition, there seems to have been some
acceleration in the growth of productivity this time as compared with 195457, although the pace of the productivity advance appears not to have
changed much compared with 1958-60.
0
Dividends and Corporate Cash Flow
were at New Records
20 'DIVIDENDS
10
0
50
CASH FLOW
40
..
30
UNDISTRIBUTED*
' PROFITSij
20
10
^CAPITAL CONSUMPTION
^ &ALLOWANCES ^ ^
1954 55
56
57 58 59 60
61 62 63
Adjusted to eliminate effects of the new guidelines and
the investment tax credit.
U.S. Department of Commerce, Office of Business Economics
64-1-15
SURVEY OF CURRENT BUSINESS
12
corporations to finance their investment needs with little change in outside
financing as compared with 1962.
wage and salary payments changed
comparatively little.
Although the rise in employment
from 1962 to 1963 was modest—less
than 2 percent—total man-hours
worked rose more than 2 percent, as
the work-week lengthened slightly.
This, in combination with an increase
of 2% percent in average hourly earnings, lifted the payroll total to a new
Increase in employee earnings
Private wage and salary payments
totaled $253 billion in 1963, a gain of
nearly 5 percent or $11% billion.
There were substantial increases in the
last three quarters of the year, following
a period of three quarters in which
PRIVATE WAGES AND SALARIES
In Three Recent Cyclical Advances
Current Expansion at,Somewhat Slower Pace,
Index*
125
115
no
105
100
0 1
2
3
4
5
6
7 8 9
1 0
1 1
The Average Rate of Increase Since 1961 In Hourly Earnings
Has Been Less Than in Other Upturns
Percent
Average Increase Per Quarter
1.5 .
Hourly
Earnings
Employment
1
Ciyw
2d. Qtr. 1954-1st. Qtr. 1957
1st. Qtr. 1958-2d. Qtr. 1960
1st. Qtr. 1961-3d.
Hourly Earnings Increase Less Important in Current Upturn
Percent Distribution of Absolute Change in Payrolls
2dQtr. 1954-1st Qtr. 1957
1st Qtr. 1958-2dQtr. I960.
1st Qtr. 1961 - 3d Qtr, 1963
* Note: The cyclical troughs in GNP are 2d qtr. 1954, ht qtr. 1958, and 1st qtr. 1961
U.S. Department of Commerce, Office of Business Economics
With a gain of $4 billion over 1962,
government payrolls approached $60
billion last year. The advance centered
in State and local payments, which
rose steadily during the year. Federal
payments rose slowly, and averaged
less than $1% billion above 1962.
Civilian payments went up very moderately during the year; most of the
1962-63 gain of $1 billion was th?
result of a salary increase, effective at
the start of the final quarter of 1962.
Federal military wage and salary payments were little changed for the year
as a whole, but rose at a seasonally
adjusted annual rate of $1% billion in
the closing quarter of 1963 when the
military pay bill became effective.
Farm income lower
120
1.0
January 1064
64-1-17
Net farm proprietors' income, at
$13 billion in 1963, was about $% billion
below the preceding year, as an increase
in physical output was more than offset
by higher production costs; prices received by farmers were less than 1
percent below 1962.
Farm output in 1963 rose 4 percent
from 1962. Crop output was 4^ percent higher as the result of a larger
acreage harvested and higher yields.
Production of livestock and livestock
products also rose in 1963 with meat
animals showing a large gain. There
were declines in the volume of milk,
lamb and mutton, and wool produced.
As the increased volume of marketings more than offset the slight drop in
the average of prices received, cash
receipts from farm sales in 1963 are
estimated at slightly above the $36
billion total of 1962. Government
payments to farmers totaled about
$1% billion in 1963, little changed from
the year before. Realized gross farm
income at $41 billion was also little
different from 1962.
With the gross income flow to
farmers stable, a small rise in farm
production expenses accounted for the
slight decline in net farm income noted
above. The rise in production expenses was attributable mainly to
higher prices for feed and fertilizer, and
increases in interest and taxes per acre.
Postwar Expansion of Output
1957 and 1957 through 1963. While
the period 1947-57 encompassed differential patterns of economic changes, it
was generally one of strongly expanding
output; with pressure on plant capacity
and the labor force, prices rose considerably. Since 1957 the economy has
been less buoyant and unemployment
has been at a disturbingly high level,
although it will be noted that a substantial lift in sales and production has
occurred in the most recent years.
During the 1947-57 period, output,
as measured by the real GNP, increased
vigorously at an annual average rate of
Purchases by all sectors increased, 3.8 percent. This rapid pace reflected
1947-63
several basic factors, including the
For the 1947-63 period as a whole, satisfying of consumer, business, and
real GNP expanded at an average foreign demands that had accumulated
annual rate (compounded) of 3.5 per- during the depression and wartime
cent to a total of $493 billion (1954 years.
prices) in 1963, compared with $282
Strong as the private markets were,
billion in 1947. Each of the major government purchases gained even more
sectors of the economy participated in rapidly. At the Federal level, the need
this upward movement. (See chart on to bolster the Nation's defenses propage 14.) Government demand, in- vided a major source of demand. As a
cluding Federal and State and local, result, defense purchases in 1957 were
increased at a much faster than average well above those for 1947 despite the
pace, while expansion of the consumer spending cutbacks which followed the
market and purchases for private in- end of the Korean war. Among State
vestment proceeded at below average and local governments the provision of
rates.
schools, roads, utilities, and other servAmong consumers, purchases of non- ices for an expanding population supdurable goods increased 2.3 percent plied the dominant upward pressures.
each year, in contrast to their expendiThese sources of demand were contures on durable goods and services, centrated principally on the purchase of
where the yearly gains were about twice hard goods. As a consequence, output
as great. The major types of private of durable goods and construction grew
investment also had markedly different
more rapidly from 1947 to 1957 than did
postwar rates of increase. The volume
of residential construction increased at the output of services and nondurable
an average annual rate of 5 percent. goods.
Business investment in plant and equipment rose at the much slower rate of Less rapid gains, 1957-63, but recent
pickup noted
1.8 percent.
JL HE long-term rate of output expansion of the U.S. economy has been the
subject of considerable discussion in
recent years. The following section
provides an up-to-date perspective on
postwar rates of expansion, now that
the economy has moved up to a new
peak in the advance which started in
early 1961. Comparisons are shown in
terms of major markets, types of goods,
and time periods. A provisional breakdown of factors associated with the
output change—labor and labor productivity-—is also provided.
Output increased sharply from 1947
to 1957
For the purposes of this discussion
the postwar years have been divided
into two major periods, 1947 through
During the next span of years,
1957 through 1963, the average annual
growth in output was at a slower pace,
J.Cl±llIlg to 3.2 percent from the X t/
falling UVJ *J.£-I J-7CJL VyOlJLU JLJ.l_JJLJLL U1J.C 1947-57
rate of 3.8 percent. Although con-
sumer purchases continued to expand
at their earlier rate, declines appeared
in each of the other major sectors of the
economy.
While output gains for the entire
1957-63 period have seemed relatively
sluggish, demand has been much
stronger in the latter half of this period
than in the first half. For the period
1957-60 real output increased at an
annual rate of 2.5 percent, sharply
down from the 1947-57 rate of 3.8
percent. This downtrend affected each
principal market. The most severe
cutbacks appeared in Federal Government purchases and in private investment. Federal
demand
actually
declined during these years, reflecting
the downtrend in defense purchases
which had set in after the end of the
Korean hostilities. The rate of increase
in private investment was reduced as
gains in residential construction were
not enough to offset declines in the
demands of business for investment in
plant and equipment.
Consumer purchases in total showed
little change in their rate of expansion
from 1957 to 1960, but this stability
was the result of offsetting changes
among the components. Purchases of
consumer durable goods increased much
less rapidly than during the preceding
decade. However, this slowdown was
to a large extent cushioned by a pickup
in the rate of growth of consumer
purchases of services and by stability
in the rate of gain in the purchases of
nondurable goods.
Reflecting the curtailment in purchases for defense and investment
purposes, and in personal expenditures
as well, durable goods output declined
from 1957 to 1960. Construction continued to increase, but much more
slowly than previously, while nondurable goods and services maintained
the pace of expansion set during
1947-57.
13
SURVEY OF CURRENT BUSINESS
14
Jiimmry 19(5:1
POSTWAR OUTPUT — AVERAGE ANNUAL RATES OF INCREASE
Rapid Increases in First 10 Years, Followed by a
Slowdown and Then a Recovery in the Rate of Expansion
As Seen in Real GNP. . .
Percent
5 *
1947-'
63
194757
Where This Pattern is Most Pronounced in Federal Government
Demand and Private Investment...
10-
10-
FEDERAL GOVERNMENT
P R I V A T E INVESTMENT
195763
195760
and Consequently in Durable Goods Output
DURABLE
CONSTRUCTIOK
* 10
10
PERSONAL CONSUMPTION
EXPENDITURES
1947- 1947-1957-1957- 196063
57
63
60
63
1947- 1947- 1957- 1957-196063
57
63
60
63
A Similar Pattern is Evident in the
Federal Reserve Index of Industrial Production...
]Q , BUSINESS & DEFENSE
EQUIPMENT
SERVICES
1947- 1947-1957- 1957-196063
57
63
60
63
1947- 1947-1957-1957- 196063
57
63 60
63
5 •
Where Rates for Business and Defense
Equipment and Materials Changed Markedly
1947-1947-1957- 1957- 196063
57
63
60
63
NONDURABLE^
STATE & LOCAL GOVT.
194763
194757
1957- 1957- I96063
60
63
With Corresponding Changes
in Durable Goods Manufactures
1
MATERIALS
DURABLE
MANUFACTURES
10
1947-1947-1957-1957- I96063
57
63 60
63
CONSUMER GOODS
1947- 1947- 1957-'1957-'I96063
57
63
60
63
NONDURABLE
MANUFACTURES
1947- 1947-1957-1957-196063
57 63
60
63
Data; FRB & QBE
U.S. Department of Commerce, Office of Business Economics
64-1-18
January
For the most recent period, 1960 to
1963, the annual rate of increase in
real GNP returned to the high rate of
1947-57. While these current gains
are noteworthy, the span of years
covered is so short that it is too early
to separate the cyclical from the longterm implications. It should also be
noted that in spite of this recent
improvement, unemployment and excess industrial capacity continue relatively high.
Federal purchases for defense and
other purposes rose over this period,
although the annual rate of increase
in Federal demand remained below
that for 1947-57. In addition, business
investment activity was considerably
accelerated, so that the rate of increase
in private investment for 1960-63 exceeded the 1947-57 rate, Further
strength was added to the growth of
total GNP by a sharp recovery in the
rate at which consumers increased
their purchases of durable products.
Reflecting the vigorous expansion in
these markets, durable goods output
continued as the most volatile element
of final product. The rate of expansion
in the volume of output of such goods
reached 4.9 percent between 1960 and
1963, compared with the one-half percent decline for 1957-60. In contrast,
the other forms of final product showed
only small advances over the earlier
rates.
Federal Reserve indexes show similar
pattern
The broad postwar pattern of output
expansion—rapid increase, slowdown,
and the recent return to the earlier
high rate—is reflected also in the
Federal Reserve indexes of production.
While it is not intended to discuss
these indexes in detail, it is interesting
to note the lower half of the chart on
page 14, which indicates that the rapid
pace of increase in the early period, as
seen in the Federal Reserve indexes,
was associated with very sharp gains
in the production of business and
defense equipment and of materials.
The 1957-60 slowdown and the recovery during 1960-63 are apparent in the
corresponding fluctuations in output in
these two Federal Reserve Market
classifications. Changes in the rate at
SURVEY OF CURRENT BUSINESS
15
When the postwar period is broken
into two time spans, 1947-57, and
1957-63, as in the preceding section
dealing with output changes, it may be
seen that the rate of advance of output
Output per man-hour rises
per man-hour in each of these periods
The pickup in the rate of output has been of approximately the same
advance in the last few years has been magnitude for the private nonfarm
accompanied by a resurgence in the economy, as well as for manufacturing
rate of increase in output per man-hour. and all other private nonfarm industries.
Output per man-hour is often used as a
Within the more recent period, howmeasure of productivity change. A ever, significant differences in the rate
broader measure, embracing capital as of advance have occurred. From 1957
well as labor inputs, would be prefer- to 1960, coincident with a slowing in
able for this purpose, but is extremely the output advance, the growth in
difficult to construct and is not available output per man-hour was reduced.
on a current basis.
Year-to-year Since then the rise in output per
changes in output per man-hour, par- man-hour appears to have accelerated
ticularly those of the most recent pe- and, like the increase in output for the
riod, are probably less precise than period 1960-63, has been slightly in
those for output, mainly because of the excess of the average annual postwar
difficulty in calculating a comparable rise.
series on man-hours worked, 1 but over
longer periods this ratio is useful in Manufacturing gain larger than total
assessing trends in labor requirements.
Output per man-hour in manufacturTable 1 on page 15 shows the average ing has advanced at about 2% percent
animal increases in output, output per per annum in the postwar period,
man-hour, and man-hours in the private compared with the approximate 2.5
nonfarm economy for selected postwar percent yearly increase for the nonfarm
periods. As may be seen from this private sector of the economy. From
table, output per man-hour has risen 1957 to I960, when output per manabout 2V2 percent per year on the aver- hour in the private nonfarm sector of
age in the postwar period. The in- the economy rose at a slower rate, the
crease has not been uniform, however, slowdown was very largely attributable
and considerable year-to-year variation to the retardation in manufacturing
has occurred, as may be seen from the where the advance fell off to about 2%
percent per annum. In a similar
top panel of the chart on page 16.
fashion the acceleration in the rise of
output per man-hour in the most
1. The man-hours series that has been utilized in the calrecent period mirrors largely the spurt
culation of output per man-hour has made use of establish*
ment survey wage and salary worker data on hours paid for
that has taken place in manufacturing.
and household survey data for hours worked by self-emFrom 1960 to 1963 output per man-hour
ployed persons and unpaid family workers. The wage and
salary worker hours paid for have been adjusted to hours
in manufacturing appears to have risen
worked on the basis of data collected in the household
at about 3/2 percent per year. It may
surveys.
which consumer goods production increased were much more moderate over
the whole period.
Table 1.—Average Annual Rates of Change in Output, Output per Man-Hour, arid
Man-Hours, 1947-63
[Percent]
Private * nonfarm industries
Output
Output
per manhour
1947-63
3.7
2.5
1. 1
3.3
2. 8
1947-57
1957-63
3.9
3.3
2.5
2.5
1.3
.8
3.6
2.9
2. 7
2.9
1957-6U
1960-63
2.6
4.1
2.3
2 7
.3
1.3
1.2
4.6
2.3 ;
3.5 1
1
M anil ours
Private 1 nonfarm industries
except manufacturing
Manufacturing
Output
Output
Manper man- hours
hour !
Includes government enterprises.
Source: U.S. Department of Commerce, Ofliee of Business Economics.
Manhours
Output
Output
per manhour
0. 5
3. 8
2. 5
1.4
.S
4. 0 •
3.6
2. 5
2.4
1.5
1. 2
-1.1
I. 1
3.3
3. S :
2.3
2.4
1.0
1.4
0
SURVEY OF CURRENT BUSINESS
16
be premature, however, to generalize
about trends on the basis of a time
period as brief as 3 years. In three
other periods of 3-years' duration in
the postwar era—1947-50, 1952-55,
and 1956-59—output per man-hour in
manufacturing increased at about as
fast a rate.
Growth in nonmanufacturing steady
lu contrast to the sharper movements
in manufacturing, the average annual
rate of increase in output per man-hour
in the other nonfarm private industries
has been more uniform in the postwar period. (See chart below.) The
rise has been about 2K percent per
annum over the entire postwar period,
and close to that rate in each of the
subperiods shown in table 1. Some
slight retardation in the rate of increase
appears also to have occurred from 1957
to 1960, but this was modest as compared with the slowdown in manufacturing in that period; moreover, no
acceleration in the rate has taken place
in subsequent years.
Effects
of composition changes small
Output per man-hour is somewhat
larger in manufacturing than in other
nonfarm private industries. For this
January 1964
reason changes in the industrial composition of output between manufacturing and nonmanufacturing industries were examined to see what
effect these might have had on the
overall rate of change in output per
man-hour. Such shifts in output appear to have had but a minor effect on
the overall growth rate of output per
man-hour over the postwar years. In
the periods 1947-57, and 1957-60, a
decline of the share of manufacturing in
total output appears to have resulted
in less than one-tenth of a percentage
point decline in the annual rate of
increase of overall output per man-hour.
POSTWAR INCREASE IN OUTPUT PER MAN-HOUR
• Overall Rate of Increase Has Averaged About 2 '/2 Percent Per Year
• Manufacturing Shows Above-Average Rise
1947=100 (ratio scale)
175
150
Manufacturing
Private
Nonfarm
125
Private Nonfarm
ExcL Manufacturing
100
90
1947
49
51
53
55
57
59
61
63
65
OUTPUT PER MAN-HOUR INCREASE
« More important Than Man-Hours Rise in Production Advance
• Recent Acceleration Due to Manufacturing
Percent"
Percenr
4
3
MANUFACTURING
PRIVATE NONFARM
PRIVATE NONFARM
EXCL. MANUFACTURING
Output Per Man-hour
3
A
Man-hours
\
2
1
2
0
1947- 47- 57- 6063 57 60 63
1947- 47- 57- 6063 57 60 63
1947- 4763 57
57- 6060 63
1947- 4763 57
194763
I
47- 57- 6057 60 63
1
0
1947- 47- 57- 6063 57 60 63
-1
-1
-2
-2
Average Annual Percentage Change
U.S. Department of Commerce, Office of Business Economics
64-1-1?
Employment—Prices—Finance
JL HE expansion in output in 1963
brought about a moderate advance in
employment. There was not much
change, however, in either the level or
the rate of unemployment because the
labor force, which had increased relatively little in 1962, showed a larger
gain last year. Total civilian employment averaged 68.8 million for the
year. This was a rise of approximately
1 million from 1962, about as large
an. increase as in the preceding year.
The average number of jobless was a
little above 4 million, and constituted
5.7 percent of the civilian labor force.
Employment in most major industry
divisions rose last year but agricultural
employment averaged about 250,000
lower than the year before.
Most of the advance in nonagricultural employment occurred in the
earlier part of the year, when marked
gains in manufacturing and construc-
tion added to the relatively steady rise
in trade, finance, service industries, and
State and local government employment. After midyear, seasonally adjusted employment in manufacturing
and construction leveled off, although
a little improvement was evident in
December; increases continued in other
nonagricultural sectors of the economy.
In manufacturing, there was some
further extension in the workweek.
This was most noticeable in the durable
goods industries, where the average
number of hours worked has shown a
small advance over the past 3 years.
The workweek in the durable goods industries averaged over 41 hours, the
highest since 1955. In nondurable industries, the average hours worked per
week, at 39.6 hours, was up only slightly
from 1962. In construction, working
hours were extended with a more than
seasonal advance in the spring and early
EMPLOYMENT GAINS WERE FAIRLY GENERAL LAST YEAR
BUT THE LONG-TERM PATTERN HAS NOT BEEN ALTERED
Millions
Millions
HOUSEHOLD DATA
ESTABLISHMENT DATA
35
35
Blue Collar Workers
Plus Farm Workers
Finance, Trade, Service, &
Government
\
30
30
25
25
Blue Collar Workers
All Other Nonfcrm
20
I
1953
I
55
I
I
I
57
I
59
1 1
61
20
1
63*
*11 - month average
U.S. Department of Commerce, Office of Business Economics
717-425
I
1953
I
55
I
1
I
57
I
59
I
I
I
61
I
I
63*
Data! U.S. Dept. of Labor
summer, as the industry attained a new
building record for the year.
Longer term trends
Last year's rise of 900,000 workers in
"service" industries—finance, trade,
service, and government (chiefly State
and local)—was an extension of a longTable 1.—Employment in Major Occupational Groups
[Millions]
Change
from
1953-63
1953
1957
1962 1963 i
White collar workers
23. f,
26.5
29. 9
30.1
6.5
Blue collar workers
25.0
24. 9
24.3
25.0
0
Farm workers
f> *>
61
4 9
4 7
—1 5
Service workers
6.9
7. 6
8.8
9.0
2.1
1
Based on 11-month averages.
Source: U.S. Department of Labor, Bureau of Labor
Statistics.
term trend. As indicated in the left
panel of the accompanying chart, the
advance in these sectors has been relatively steady over a long period of years.
Each of the major groups has contributed to the long-run rise, and the increase for the combined group has
amounted to 7% million during the past
decade.
Employment in all nonagricultural
industries other than "service" industries during the past decade has shown
year-to-year fluctuations, primarily cyclical in character, but no general trend
has been apparent. The recession low
points in 1954, 1958, and 1961 are all
clearly evident in the chart; although
a considerable expansion occurred in
1962 and 1963, employment in this
group of industries is somewhat lower
than it was 10 years ago. Prior to 1953
employment in this broad group, which
is dominated by manufacturing, had
shown a general uptrend.
17
SUEVEY OF CUEEENT BUSINESS
18
An important development during
the past 10 years, related to the industrial shift in employment, has been the
change in occupational distribution.
As shown in the right panel of the chart,
the advance has been chiefly among
white collar workers, whose numbers
now total 30 million, and exceed the
combined total number of blue collar
and farm workers. Employment among
blue collar workers has shown only
cyclical movements during this period;
farm employment has shown a steady
decline.
Another major category of workers—
service employees—has increased about
2 million since 1953 and now totals
about 9 million. This classification
embraces about 2 million private houseTable 2.—Selected Aspects of Unemployment
1956
3 5
Unemployment
(percent) :
1959 I960 1901
o 3
19(32 1963
rates
Male
5 3
5 3
14 to 19 years of age
20 and over
9 6 13 8 14 0 15 4 13 3
3 4 4 6 4 8 5 8 4 6
15 6
4 4
White
Non white
4. 6
3. 1 4. 6 4. 8
7.3 11.5 10. 7 12.9 11.0
10.7
Married, with spouse- 2.3 3. (5 3. 7 4.6 3. 6
11. 6 11. 7 13. 1 11. 2
Single
3.4
12. 4
..
Female
6 5
4.7
6. 2
6 6
14 to 19 years of age.-. 9.9 12.3 12.9 14.8 13.2
5, 1 6.3 5.4
20 and over.
4. 2
15.7
5.4
White
Nonwhite
5 3 6 5
9.5 11.9 11. 1
5 9
11. 5
6.5
8.5
5.4
7.9
5.5
9.0
4 3
5. 9
3 8
8 0
9. 5
Married, with spouse . 3. 6
Single,.,
._. . 5.3
5 2
7*1
5. 9
5.2
7. 2
By Occupation:
Total. „ .
3.8
5.5
5.6
«. 7
5.6
2.6
2.6
3.3
2.8
1. 7
1.7
2.0
1.7
1.9
.8
2.4
2 7
1.3
3. 7
1.4
3.8
3.7
1.8
4.6
4. 7
1.5
3.9
4.1
1.5
4.1
4,3
Blue collar workers.. _. 5. 1 7.6 7.8 8.4 7.4
Craftsmen and fore3.2 5.3 5. 3 6.3 5.1
men
5. 4 7 6 8.0 9.6 7 5
Operatives _
Nonf arm laborer s . . . 8.2 12.4 12. 5 14.5 12.4
Unemployment in 1963 was about the
same in most respects as in 1962. Unemployment rates among the various
classifies lions—by occupation, sex,
color, and duration of unemployment—
all clranged remarkably little.
The
principal exception was a significant
rise among the young and inexperienced
and a slight decline among adult, married men. (See table 2.) Those with
no previous experience in the labor force
constituted 15 percent of the unemployed last year, up from 13.4 percent
in 1962 and 11.6 percent in 1959.
Similarly, those under 20 years of age
have experienced rising rates of unemployment. These changes have occurred at a time when the number of
youth reaching the usual age of entry
into the labor force is beginning the
large expansion which is expected to
develop in the immediate years ahead.
In the past few years the substantial
shift in employment from blue- to
white-collar jobs has not been accom-
2.9
1.0
Composition of unemployment
panied by a rise in blue collar and a
decline in white collar unemployment
rates, as might be expected if unemployment were mainly due to a lack of
adaptability of the supply of labor to
changes in the demand for various types
of labor. The little shift that has taken
place in unemployment rates has been
in the opposite direction—a slight rise
in white collar and a slight decline in
blue collar jobless rates.
The rising number of youths seeking
entry into the labor force and the shift
in job opportunities from those occupations which are less demanding of
skill arid education—chiefly blue collar—to the more demanding types of
technical and professional work is
nevertheless increasing the need for
appropriate training and education.
Vocational retraining needs of older
workers are also growing. Xew Federal legislation in 1963 provided for
additional vocational training and education and for a broadening in the scope
of such training to better bridge the
gap between the present education and
skills available among the unemployed
and those required for developing job
opportunities. The new program for
worker training is still small in relation
to jobless workers' needs, but the extension of training to a larger group of
young workers, including those deficient
in basic education, is an important step
for a growing group of unemployed
youth.
5.7
1.7
hold employees whose numbers have
increased in the past decade after
changing little in the early postwar
period. A larger group of about 6%
million—-which includes policemen, firemen, waiters, nurses, and personalservice employees—-has also shown a
general advance. (See table 1.)
January 190-1
4.8
7.5
12.3
White collar workers.
Professional and
technical
Managers, officials,
and proprietors. '._
Clerical workers
Sales workers
Service workers
Private household
workers
Other service workers
4.6
fi 0
5 7
7 0
60
6 1
4. 2
4.8
4.9
5.9
4 9
5,3
4.8
0.4
6. 0
Farm workers.
Farmers and farm
managers
Farm laborers and
foremen- ... .
1.9
2.5
,4
.3
3 7
52. 6
28.6
10.7
8.2
7. 4
6 4
63
3.0
2.2
3.0
.3
.4
3
.5
0.1
5.2
5. 7
4.3
5.9
43.5
29.2
12.3
15.0
45.7
29.9
12 8
11.5
39.5
28.6
15 1
16.7
43.8
28.3
13,3
14.6
44.4
29.3
12,8
13.5
Percent distribution of
unemployed by duration of unemployment:
Less than 5 weeks
5-14
15-26
_. .
27 weeks and over
NOTE.—1963 based on 11-month averages.
Source: U.S. Department of Labor, Bureau of'Labor
Statistics.
Price Developments in 196?
1963 was another year of comparatively little price change. The 1.6percent rise in the average of final
product prices—the GNP deflator—was
only fractionally greater than in the
2 preceding years. It reflected advances in consumer items, investment
goods, notably construction, and government goods and services. Prices in
wholesale markets were slightly lower
than the year before, on the average;
it is now some 6 years that these prices
have been on a plateau. Wholesale
prices of farm products fell by almost 2
percent; despite some firming toward
the end of the year, industrial wholesale prices were unchanged as compared
with 1962. Consumer prices advanced
by about 1 percent over 1962.
The same forces that have dampened
price increases in recent years were
present in 1963. Overall, the Nation's
ability to produce continues to be in
excess of current demands, in spite of
the considerable increases in output in
the present cyclical upturn. This gen-
SURVEY OF CURRENT BUSINESS
1961
eral condition shows up in the unemployment rate, and in an excess of industrial
capacity. Farm surpluses persist in
numerous agricultural markets, and
foreign competition continues to act
as a restraint on many domestic prices.
On the cost side pressures have not
been strong. Although wage rates rose
through 1968, rising productivity was
sufficient to keep overall unit labor
costs comparatively stable for the third
year in a row.
Wholesale industrial prices
With another year of overall stability
in wholesale markets, industrial prices
in 1963 were less than 1 percent above
the 1957-59 average. Once again there
were small offsetting movements among
the various industrial groups. Among
nondurable goods the downward drift
in prices of industrial chemicals and
refined petroleum products, where overcapacity has been common since 1960,
continued. Textile prices were very
close to last year's averages but quota-
tions for tobacco and alcoholic beverages were higher.
Among durable goods, a good year
for homebuilding brought lumber prices
about 2 percent above the average for
the previous year. Prices of metals
and machinery averaged close to those
of 1962.
The stability in metal prices marked
the end of a slight downturn of a 2
years' duration in primary metals. In
the spring and again in the fall of last
year, steel producers made selective
price increases that raised the average
level of iron and steel prices (BLS) by
l}{> percent and brought steel prices to
within 21/, percent of their peak in the
fall of 1959. Nonferrous metals prices
also moved slightly upward but late in
the year were still some 5-6 percent
below their levels in early 1960.
Rising demand for equipment brought
somewhat higher price tags for most
broad categories of machinery but
electrical equipment and motor vehicles
averaged slighthr lower than in 1962.
19
Once again prices of services were
up more than those of commodities.
Last year the increases were a little
smaller than in previous years—a
development that suggests a somewhat
better balance between supply and
demand than had been the case earlier.
This was particularly evident in the
case of rents, which rose only 1 percent,
the smallest increase in the postwar
period. Prices of medical care again
showed the largest increase in services
other than rent; this rise brought prices
in this service category some 20 percent
above the 1957-59 average. Public
transportation rates rose less this year
than in 1961 and 1962 because the
elimination of the Federal excise tax
Table 3.—Percent Changes in
1960-61 1901-62
Percent
~6
~4
-2
0
2
4
6
ssstAL41^-—-'
M
Nov. 1962-Nov. 1963
Data:
BLS
U.S. Department of Commerce. Office of Business Economics 64-1-21
The BLS Consumer Price Index rose
1.2 percent over 1962, virtually the
same increase that took place in the 2
preceding years. Food, nonfood commodities, and services were all higher.
A tapering in the overall rate of increase
was evident after July.
Food prices were up by about 1%
percent—a somewhat larger rise than
in the 3 preceding years. Much of this
was attributable to a 6-percent advance
in the price of fruits and vegetables,
supplies of which had been limited by
the freeze in the South a year ago. On
the other hand, plentiful supplies of
meat, poultry, and dairy products
brought lower prices for these items.
Although 1963 was a year of strong
demand for consumer durable goods,
prices of both automobiles and appliances averaged somewhat lower than
the year before. Appliances are one
of the few categories of goods lower in
price than they were in the 1957-59
period. There was a very pronounced
slowing down in the rise of used-car
prices, which had increased some 13
percent in the 2 preceding years. The
new 1964 automobiles came out at list
prices essentially the same as the year
before.
L2
AH it ems.
1.2
1.6
.4
1.0
-.7
.8
2.4
5.8
-1.4
.8
1.3
.8
-.6
.9
1.2
.0
-.6
1.0
.9
.0
— .5
Apparel
Transportation.
Private
Public
.7
1.2
.8
4.4
.4
2.1
1.8
3.3
.9
.o
.4
1.1
Medical care
Personal care
Reading and recreation...
Other goods and services..
3.0
.5
2.6
1.8
2.1
1.2
1.6
1.6
1.1
1.2
.7
1.2
1.2
.8
1.1
1.1
1.0
1.2
.9
.5
— 2
.0
3.9
-1.2
.3
.9
1.0
-.4
9.1
-.1
Consumer prices slightly higher again
PERCENT CHANGE IN WHOLESALE PRICES
• Little Change in industrial Total
« Mixed Movements by Major Groups
Consumer
Prices
Special groups
All items less food
All items less shelter
Commodities
Noncl arables
Nondurables less food
Nondurables less food and
apparel
Durables
New cars
Used cars
Durables less cars
Commodities less food
LO
_ o
.0
1.8
1.8
1.6
1.8
1.2
1.6
3.3
1.8
1.8
1.0
2 6
1.8
*Based on 11 months of 1963.
Source: Basic data from U.S. Department of Labor,
Bureau of Labor Statistics.
on railroad fares, effective in late 1962,
offset in part the continued rise in,
transit fares.
Farm prices lower
J!
Prices received by farmers averaged
lower in 1963 than in 1962. On the
whole, agricultural prices showed rather
narrow fluctuations, easing a bit at
the beginning and at the end of the
year. Livestock prices were lower in
SURVEY OF CURRENT BUSINESS
20
1963, as marketings of both cattle and
hogs reached high rates in the early
months of the year. Marketings of
grain-fed cattle stayed high all year,
and the number on feed at the yearend
was only slightly smaller than the large
number in feedlots a year earlier. Although hog slaughter was high during
the year a cutback in pig production was
in the offing at yearend, and was expected
to bring about a strengthening in pork
prices in 1964.
Crop prices were generally firm in
1963 despite another record harvest,
as Government supports for major
crops prevented a downward adjustment in prices. Wheat prices strengthened about midyear because unusually
poor crops abroad led to an increase
in export demand; lower support levels
for wheat are scheduled for the 1964 crop.
Financial Markets in 1963
January 1064
reserve requirements than demand deposits.
Other financial institutions
Savings institutions other than banks
reported higher lending in 1963 than in
1962. Savings and loan associations7
assets rose $13 billion, $2 billion more
than in 1962; mutual savings banks
added $3% billion to their portfolios—
$% billion above the 1962 pace; and life
insurance companies7 assets rose $6/2
billion, about $% billion more than in
1962.
The enlarged flow of investment funds
to these institutions, which, together with
commercial banks, play leading roles
in the mortgage market, was reflected
in the ready availability of mortgage
credit throughout the year.
Financing costs
CREDIT was generally abundant in 1963
as it had been in 1961 and 1962. There
were no major changes in the capital
markets. Further moderate increases
in business capital outlays were more
than matched by the increased flow of
funds from internal corporate sources,
and there was little change in aggregate
corporate borrowing. The net increase
in both consumer credit and mortgages
was apparently somewhat greater than
in 1962. On the other hand, government demands on the capital markets
were slightly lower than in 1962, mainly
because of a modest reduction in the
Federal deficit.
Faced with the continued strain on
our balance of payments, the monetary
authorities moved toward somewhat
less easy credit conditions after midyear. The change was signaled by an
increase from 3 to 3% percent in the
discount rate in July. The reserve position was tightened and this led to increased borrowing from the Reserve
banks. Free reserves averaged about
$200 million last year as compared with
$424 million in 1962. Short-term interest rates moved up sharply in the
late summer and early fall, but stabilized in November and December at the
highest levels since early 1960. Longer
term rates were relatively stable.
Most short-term interest rates moved
up about two-thirds of a percentage
point within the year, and for the year
as a whole, averaged about one-third
of a percentage point more than in
1962. While long-term rates also
Bank credit expansion
tended to move up within the year, the
The $18% billion rise in commercial rise was much smaller, and for the .year
bank credit last year was virtually as as a whole, most long-term rates
large as it was in 1962, the highest averaged about the same as in 1962 or
peacetime year. A slowdown in credit slightly lower.
expansion took place in the third
The rise in short-term yields was
quarter, immediately after the increase encouraged by the measures taken by
in the rediscount rate, but, in the fourth the monetary authorities. The relative
quarter, credit expansion resumed at a stability of long-term yields last year
pace above the 1962 average.
was associated with heavy inflows of
Commercial banks stepped up their savings deposits to financial intermedialending to private borrowers by $2% ries.
billion to an annual total of $16 billion.
Stock prices moved irregularly upThis expansion was facilitated by a ward through the year. By the end of
$3% billion selloff of Treasury securities. 1963, most stock price indexes were
Purchases of State and local securities about one-sixth above the year-earlier
were at a record $5% billion pace, level.
$% billion above 1962.
Time deposits rose by $14 billion, Corporate financing
while demand deposits were up $3%
Corporate investment in new plant
billion, continuing a shift which has and equipment rose about $1% billion
has been going on for many years. last year, to a total of $33% billion.
The relative gain in 1963 was somewhat Apartment house construction also
less than that for 1962 when time de- moved up. Additions to inventory, at
posits rose $15 billion as against a $1 $4 billion, were substantially unchanged
billion rise in demand deposits. The from the 1962 pace. Other working
shift to time deposits served to cushion capital requirements—particularly lendthe banks against the tighter reserve ing to customers—moved up modposition, as time deposits carry lower erately.
The course of stock prices was upward
most of the year and by late summer
had passed the highs of late 1961 or
early 1962.
January 1004
The continued good performance of
profits together with higher depreciation allowances on an expanded capital
base were reflected in a $2% billion rise
in internal funds.
External long-term financing totaled
about the same—$10% billion—-in both
1963 and 1962. Within this aggregate,
there was a sharp drop in net stock
flotations, a marked rise in mortgage
and long-term bank borrowing, and a
modest increase in bond flotations.
Net stock issues—including mutual
funds—totaled about $700 million last
year as compared with over $2 billion
in 1962 and $4% billion in 1961. To a
large extent the weakness in stock issues
reflects the lack of investor interest in
new equities since the stock market
shakeout in the spring of 1962, as well
as the failure of mutual fund sales to
expand over the past 2 years.
The marked rise in corporate mortgage borrowing reflected principally the
financing of expanded apartment house,
office, and commercial building.
Net bond issues, at $5/2 billion were
SK billion above the 1962 pace. The
gross volume of bonds floated aggregated $10% billion, as corporations
stepped up their refinancing operations—particularly in the early part of
the year. Bank borrowing totaled $3
billion in 1963- about the same as in
1962. In both years, finance companies accounted for about two-fifths
of this total.
SURVEY OF CURRENT BUSINESS
Corporations added $1% billion to
their aggregate liquid asset holdings
during 1963. In 1962, corporations
had increased their liquid asset holdings
by about $1 billion.
Consumer finance
Purchases of houses and consumer
durables were both higher in 1963 than
in 1962, as were the associated borrowings. Personal saving was also higher,
as individuals stepped up their debt
repayments.
Nonf arm residential mortgage recordings reached an alltime high in 1963,
and mortgage debt on 1-4 family
properties rose $14 billion. In large
part, this reflected the continued availability of mortgage credit on relatively
attractive terms from commercial
banks, as well as the expanded lending
capacity of savings and loan associations, mutual savings banks, and life
insurance carriers.
New extensions of installment loans
totaled $60% billion—$5% billion more
than in 1962. Lending secured by
consumer durable goods rose $3% billion,
while extensions of unsecured personal
loans increased $2 billion above the
1962 pace. With debt repayments up
about $4% billion, net installment lending totaled $5% billion—$1% billion more
than in 1962. Individuals reduced
their acquisition of commercial bank
deposits and increased the rate at which
they invested in savings and loan shares.
21
On the basis of preliminary data, it
appears that net sales of preferred and
common stocks somewhat in excess of
$3 billion were almost offset by purchases of a like amount of government
obligations. Net purchases of investment company shares were approximately $1 billion.
Government finance
Overall financing requirements of
Government were lower in 1963 than
in 1962. While State and local governments borrowed a gross total of $10
billion in 1963—a rise of $1% billion—
net Federal borrowing totaled $3% billion, $3 billion less than the previous
year's pace.
The Federal deficit on income and
product account amounted to $2% billion in 1963, a reduction of nearly $2
billion from the 1962 rate. Also contributing to the slowing of Federal
borrowing was a modest reduction in
Treasury cash balances during 1963; in
the previous year, borrowing requirements had been increased by a rise in
cash balances.
Federal debt operations during 1963
resulted in a rise in securities due within
one year and over 5 years, and a reduction in intermediate term issues. The
rise in longer term obligations reflected
the extensive use of advance refunding
techniques.
by Marie T. Bradshaw and Max Lechter
Expansion in Merchandise Exports, Imports and Trade Surplus in 196B
i
vious quarters. These earlier setbacks
N 1963 the surplus of merchandise Quarterly movements
exports over imports,1 as reflected in
After shipping strike adjustments to had pared imports to a rate of $16
the U.S. balance of payments, rose to the quarterly data, exports moved billion in the January-March period,
$4.8 billion, some $500 million higher steadily upward from their recent low Data for October and November inthan in 1962. This improvement was of $20.1 billion at a seasonally adjusted dicate a continuation of imports at the
the result of a year-to-year expansion annual rate in the fourth quarter of high third-quarter rate.
Some part of the increase in the value
in exports of about $1.2 billion (6 1962 to a record high of $22.2 billion in
percent) and a concurrent gain in im- the third quarter of 1963. Exports in of imports in the third quarter of 1963
ports of about $700 million (4% percent). the final quarter of the year appear to reflect eft an advance in prices, which
Merchandise exports in 1963 achieved have been even higher than in the boosted the index of import unit
values to the highest level since the
a new record for the fourth consecutive July-Sep tember p eri o d.
year, reaching a total of approximately
In the third quarter of 1963 imports end of 1961.
$21.7 billion. Imports, totaling about climbed to a peak seasonally adjusted Continued high surplus ivith Europe.
$16.9 billion in 1963, were also at a annual rate of $17.6 billion, an extenThe Nation's $2.2 billion, trade surnew high, the second in succession.
sion of the April-June recovery which plus with Western Europe during
If adjustment is made for distortions had followed declines in the two preJanuary-October 1963 was about $100
caused by the shipping strikes which
million higher than in the comparable
affected the latter part of 1962 and
period of 1962. In the first half of
7
earl} - 1963, the $1,2 billion year-to-year
MERCHANDISE EXPORTS,
1963 exports to that area moved above
IMPORTS, and BALANCE
increase in exports would be raised to
the year earlier total while the correExport Surplus of About $ 4.8 billion in
$1.4 billion and the improvement in the
1963 Was Somewhat Higher Than in 1962
sponding imports declined. Although
trade surplus would be boosted to $700
As Export Rise Exceeded Import Gain
opposite movements occurred during
million. Annual totals for imports Billion $
the third quarter, the improvement in
were relatively unaffected by the
the balance with Western Europe was
strikes.
resumed early in the fall, when the
The upswing in exports during 1963
year-to-year rise in exports far exceeded
was dominated by agricultural comthe concurrent increase in imports.
modities, fuel, and other basic inDuring January-October 1963., the
dustrial materials. This was in contrast
export balance with Japan, which had
contracted sharply in 1962, also showed
to the gains in exports during 1961 and
a 37ear-to-year improvement of some
1962, which had been concentrated in
$100 million, as the recovery in shipmachinery, military equipment, and
ments to Japan more than offset the
o ther fin al products.
still further rise in imports from that.
The increase in imports in 1963 was
source.
largely in manufactured goods. 'Phis
Based on data for the first 10 months
development was also a departure from
of 1963, the trade surplus with Canthe steep 1962 advance, which, followada—which had declined in 1961 and
ing the early recovery stage of 1961,
again iu 1962—was up by little more
was dominated by an upswing in
than $50 million from a year ago. Alindustrial materials, and was reinforced
though exports to Canada increased,
62 63*
by a large increase in food and other
1956 57
particularly after the middle of the
Quarterly Totals, Seasonally Adjusted, at Annual Rates
year, imports from Canada also showed
goods.
* Fourth Quarter: Estimated on the b a s i s of October,
a substantial rise.
November, and partial data for December.
1. Based on data for 11 months and partial data for
U.S. Department of Commerce, Office of Business Economics 64—1-22
The trade deficit with Latin Axnerka
December.
22
January It KM
during the January-October 1963 period
was somewhat greater than in the same
period of 1962. Exports to Latin
SURVEY OF CURRENT BUSINESS
America continued to decline while the
corresponding imports edged slightly
upward.
craft in 1963—the third annual drop in
a row—reflected the fact that world
demand for large jet passenger transports had been very largely filled as a
result of deliveries made in the previous
3 years. However, it is anticipated that
the downtrend in aircraft exports will be
reversed in 1964, when deliveries to
foreign airlines are scheduled to increase
by perhaps $75-$100 million. Deliveries during 1964 will include a number
of short- to medium-range jet passenger
planes as well as the first exports by the
U.S. aircraft industry of jet planes
adaptable as cargo transports. Exports
of utility and business planes are
expected to continue upward.
Merchandise Exports
Gains in Both Commercial and Government-Financed Shipments
EXPORTS financed by cash payments
or commercial credits in the first 9
months of 1963 rose to a seasonally adjusted animal rate of $18.7 billion, $540
million higher than in the year 1962.
This increase was only moderately
larger than the rise of about $460 million during the previous calendar year.
(See table 1.)
The $2.7 billion annual rate of Government-financed exports during the
first three quarters of 1963 reflected
an advance of $340 million over the
year 1962—a rise three times as great
as the 1961-62 gain.
Although Government-financed shipments comprised only 7 percent of total
nonagricultural exports, they accounted
for about 60 percent of the overall rise
in nonagricultural exports in JanuarySeptember 1963 from 1962.
Total exports of agricultural products were substantially higher than in
1962, even though Government-financed
shipments of agricultural products in
the first three quarters of 1963 were almost unchanged from 1962. The share
of Government-financed shipments in
total agricultural exports thus declined
by a few percentage points, but still
accounted for 28 percent of the total.
Most of the 1963 rise in Governmentfinanced exports took place in the second quarter of the year, when these
shipments spurted to a seasonally adjusted annual rate of $3.3 billion. In
the third quarter, however, they fell
back to a $2.4 billion annual rate—only
slightly above that of 1962—while commercial exports of both agricultural and
nonagricultural products advanced.
23
Sales of finished goods flatten
The termination during 1963 of the
4-year rise in exports of finished manufactures (excluding finished industrial
materials) was due in part to circumstances related to economic conditions abroad. Commercial shipments
of "special categoiy" commodities,
which to a large extent are military
equipment, had been among the fastest
growing components of U.S. export
trade in finished manufactures before
1963.
They declined sharply during
that year (see chart) as the responsibility for procuring and shipping such
items was gradually shifted to the
Department of Defense, In the U.S.
balance of payments, shipments by the
Department of Defense are classified as
military transactions rather than merchandise exports. Nearly four-fifths of
the overall drop in such commercial exports reflected a reduction in shipments
to Western Europe.
The decline in exports of civilian air-
Slotver, more selective rise in
chinery
ma-
A more important development contributing to the flattening in total
exports of finished manufactures
during 1963 was a slowdown of the
rise in machinery exports. Whereas
the annual gains in exports of machinery dining both 1961 and 1962 had
amounted to 9 percent, the increase in
January-September 1963 over a year
earlier was only about 3 percent.
(See table 2.)
The rise in machinery exports during
the past year, moreover, was very
selective when compared to the broadly
based advances of prior years. Construction equipment and electrical apparatus were among the few types of
machinery exports to show significant
increases: shipments of industrial machinery, which had risen by nearly
one-half over the course of the previous
3 years, were no higher in January-
Table 1.—Changes in Government Financed l and Commercially Financed Exports of
Agricultural arid Nonagricultural Products. 1960-63
Total exports
Total
A nnual eh angcs :
1960-61
1961-62
. _ „ _.
1962-63 ?.
Change from 1962 to III
quarter 1963 at seasonally
adjusted annual rate
Govern- !
i nient ! Other
financed
{
+0.45 i
+.57
+.88
'
|
.
Total
\ Govern- j
nient j Oilier
, financed 1
+0.31 !
+.11
+.34
+0. 14 i
+.46 ,
+.54 ;
+ 0 . 1 9 ':
+.01
+.34
[
+ 1.68
!
:
+.08
X on a gr icultur al exports
Agricultural exports
+1.60 1
+.40 i
1. Financed by Government capital and grants.
2. 1963 based on January-September at seasonally adjusted annual rate.
Source: U.S. Department of Commerce, Office of Business Economics.
+0.09
—.05
+.01 ,
i Governnient
financed
+ 0.26 !
+0. 10
+ .56 |
+.00
+.33 . + . 54
-
—.19 '.
Tota]
+0.22
+.16
+. 33
+0. 04
+.27
+1.01
+.40
+ .21
!
'
+.59
Other
+ 1.28
i
SURVEY OF CURRENT BUSINESS
24
u. S.
EXPORTS OF FINISHED MANUFACTURES^
B 1 MAJOR PRODUCT COMPONENTS
MACHINERY - Export Gains in 1963
Limited Mainly to Construction
and Electrical Equipment
Bill ion $
4
N
3
—
Industrial Machiner/
—
2
Construction Equipment
(incl. tractors)
\
1
Electrical Equipment
0
i
1
59
1958
1
60
i
61
i
62
63*
OT HER FINISHED PRODUCTS ^
Progress in Exports of Autos and
C onsumer Goods Offset by Declines
iri Commercial Deliveries of Mi'itaryT>/pe Equipments/and Civilian Aircraft
2
AUTOS AND PARTS
1
0
2
1
1
1
!
!
NONFOOD CONSUMER GOODS
(excl. Autos)
1
0
2
!
1
1
1
1
MILITARY- TYPE EQUIPMENT 2J
(excl. Defense Dept. Exports)
1
0
1
0
*
September 1963 than a year earlier
(see chart).
In contrast to the situation in 1961
and 1962, when exports of industrial
machinery to Japan had advanced
substantially, such exports in JanuarySeptember 1963 were down by about
10 percent from a year earlier. (See
table 2.) This decline was due in
part to investment cutbacks in certain
segments of the Japanese economy,
such as the steel industry. Japan's
aggregate imports of industrial machinery from countries other than the
United States did not decline, however,
but remained as high as in JanuarySeptember 1962.
Another adverse aspect of our export
trade in machinery in 1963 was the
severe contraction in shipments to
Argentina and Brazil, both of which
experienced acute financial crises during
the year. These same two countries
had also ace o an ted for most of the decline in our machinery exports to Latin
America in 1962. (See table 2.)
On the other hand, the 11 percent
growth in machinery sales to Western
Europe in January-September 1963 as
compared to a year earlier was relatively about as large as the gain in
1962 —notwithstanding the slowdown
in manufacturing investment activity
in most European countries. The
increased European buying during 1963,
however, was concentrated mainly in
construction equipment and electrical
apparatus rather than in industrial
machinery, as was the case in 1962.
The uptrends in machinery exports
to India and to Australia, which had
begun in 1962, also extended into 1963.
January 1064
U.S. MERCHANDISE EXPORTS'
BY MAJOR PRODUCT COMPONENTS
Basic Commodities Lead 1963 Export Rise
INDUSTRIAL MATERIALS AND
AGRICULTURAL PRODUCTS
Upswing in Exports of
Industrial Materials Reverses
2 - Year Decline; Agricultural
Commodities Also in Rise
Billion $
7 —
Fuels & Other
Industrial Materials
(Nonagricultural)
6 -
5 -
Agricultural
1958
59
60
61
62
63*
FINISHED MANUFACTURES J/
(Excluding Industrial Materials)
Flattening in Exports in 1963
Follows 4 - Year Rise
10
9 ~
Consumer goods made minor contribution
1
1
1
1
1
1
i
CIVILIAN AIRCRAFT
1
1
i
1958
59
60
61
62
63*
Jan. — O c t . at annual rate except for autos and
aircraft which include e s t i m a t e s for Nov. and Dec.
J/ Excludes industrial materials
2i
Excludes Defense Dept. exports of military
equipment sold for cash and shipped on a
grant-aid basis; includes some c i v i iian - type
goods such as airport equipment & jet engines
for passenger transport planes
U.S Department of Commerce. Office of Business Economics 64-1-23
Although exports of manufactured
consumer goods (excluding autos)
moved upward from their 1962 plateau,
the year-to-year gain in such sales
in the first 9 months of 1963 was
only $27 million (3 percent). Much
of the progress made in sales to Western
Europe and Japan was offset by declines
in exports to Latin America, and to
Canada as well, which did not completely abandon its temporary import
restrictions until the end of March.
Even with the recent increases,
1958
59
60
61
63"
* Jan. — O c t . at annual rate except for
agricultural commodities which incluae
estimates for Nov. and Dec.
Jy Excludes Defense Dept. exports of military
equipment sold for cash and shipped on a
grant — a i d basi s
U.S. Department of Commerce, Office of Business Economics 64-1-24
SUEVEY OF CUBKEXT BUSINESS
J a n u a r y 11)04
sales of consumer goods comprised less
than 5 percent of total U.S. exports to
Western Europe and hardly 2 percent
of our exports to Japan.
Assembly parts boost auto exports
The bulk of the gain in automotive
exports during the past 2 years (see
chart) has been in shipments of parts
for assembly, particularly to Canada.
In view of Canada's recently announced
3-year program to reduce its adverse
trade balance in autos and parts—by
tying auto imports into Canada to auto
exports from Canada—the large net
surplus in U.S. auto trade with Canada
(about $450-$470 million in 1963) may
be gradually reduced.
Gain in industrial materials to Europe and Japan
The reversal of a 2-year downtrend
in exports of nonagricuitural industrial
materials during 1963 reflected mainly
a resurgence of demand on the part of
25
Western Europe and Japan. Over
three-fourths of the more than $300
million year-to-year rise in JanuarySeptember 1963 was destined to these
areas.
Among individual types of commodities, fuel (principally coal shipments to
the EEC countries) comprised the
largest single component of the advance
in such exports during 1963. To the
extent that the increased European
demand resulted from such unusual
Table 2.—Changes in U.S. Merchandise Exports,1 by Major Categories and Products, to Selected Areas and Countries 1960-61; 1961-62;
and January-September 1962 to January-September 1963
Nonagricuitural products
Total, all
ca tegories
Agricultural
products
Fuel
Total
Mil-
Mil-
of
dollar
cent
Total, all areas
1960 to 1961
1961 to 196'?
Jan. -Sept.: 1962 to 1963...
-f251
+331
+570
-{-1. 3 +192
+7
+3. 9 +144
United Kingdom
1960 to 1961
1961 to 1962
Jan.-Sept.: 1962 to 1963---
-281 -19.9
55 -4. 9
+1 +0.1
E.E.C. Countries
1960 to 1961
1961 to 1962
Jan.-Sept.: 1962 to 1963
+98
+120
+2.8
+2 &
+4-4
of
dollars
of
cent
dollars |
+4- 0 +59
+0.1 +324
+3. 9 +4-26
of
cent
Itirs
+0. 4 -150
+2. 3 -193
+3. 9 +312
-2.4
-3.2
+34
+7.1 +103
-84 -16.3 — 197 —22.0 -161
-W. 8
-24 -5. 6 -31 -4. 4 -40 -10. 6
-50 -17.2 +51 +10. 3 +19 +7. 5
+58
-8
-65
11?
-7.8
+4( +1.7 -78 -5.7
+85 +3. 6 -54 —4. 1
+185
+9. 9 +135 +14.3
0
+1
of
dol\ lars
m
-104
+209
_19
+10 +55. 6
+2 +7.1
+9 +40. 9
-4 -7.5
-6f -16.0
K9 — 15.0
+12 +24- 5
+8 + 17. 8 +20 +9.0
+53 +33. 8
+10 +4-8
+20 +12. 2
—3. 2
+12 + 20.0
+35. 2
+19
+1 +0.4
Q
-3.3
+24 + 12.1
-1 -5. 6
+4-5
-1 -5.9
-11 -5. 3
+19 + 12. 5 + 15 +125. 0
W. Germany
1960 to 1961
1961 to 1962
Jan.-Sopt.: 1962 to 1963..
+6
11
4-0.6
4-0.2
-1.0
+16 +4-5
+20 +5. 4
—49 -17.0
-10
-18
+41
+144 +22.0
-29 —3.6
+90 +15. 9
+76 +46. 9
-62 -26. 1
+21 +17.2
+68 + 13. 8 -1 —0. 3
+33 +5.9
+3 +0.9
+69 +15.6 +43 +17.1
2 5
+7.9
—6.6
0 6
+48 + 15.1
-31 -11.9
16
+7
—6
+1.8
—2.0
57
13
-1 -0.5
+20 +12. 5
+5 +13. 9
+21 +75. 0
—8
—6
-1
Other W. Europe
1960 to 1961
1961 to 19f/<*
Jan.-Sept.- 1962 to 1963
+157 +10.9 +157 +34-1
+63 +3.9 -18 -2.9
g -1.9
+56 +4-4
0
+81
+65
0
+8.2
+8.2
+10
+18
-1.5
+2. 5
+5.9
—6 -9.7
+3 +5.4
+12 +26. 7
0
+7
+B
Japan
1960 to 1961
1961 to 1962
Jan.-Sept.: 1962 to 1963
+399 +29. 8
-326 -18.7
+150 +14.2
Canada 1960 to 1961_
1961 to 1962
Jan.-Sept.: 1962 to 1963
-66
+187
+127
-1.8
+5.1
+4. 4
+59 +13. 7 -125
+21 +4-3 +166
+82
+45 +11.9
-3. 8
+5.3
+3.3
—59
+25
+21
+2.2
+2.4
-4-8
-24 -12.6
-4 -2. 4
+13 +11. 2
Latin America
1960 to 1961 _1961 to 1962
Jan -Sept.- 1962 to 1963
-63
-193
-101
-1.8
-5.7
-4. 2
+3 +0.7
-66
-56 -12.9
-137
+54 +19.4 -155
-4. 6
-7.2
-88
-24
4
-8.5
-2.5
-0.6
-25 -21.0
+4 +4-3
All Other Countries
I960 to 1961
1961 to 1962
Jan.-Sept.: 1962 to 1963...
+7 +0.2 -67 -4-8 +74 +2.8 +18 +1.8
+578 +14.2 +165 +12.4 +413 +15.2 +182 +18.1
+217
+62 +7.1
+6.3 +87 +7.7 +130
+5.6
9
—6
+7
+4
+5
Source: OBE from basic data of Bureau of the Census.
—6. 9 —195 -35. 4
+7. 4 -13 -3.7
+4>* -80 -28. 6
o
Millions
of
dollars
IS
+4
Percent
+7 2
+5. 4
+0. 5
+ 16. 7Q
—85 -96. 6
+12 +400. o
0
0
4-4 +7.0
+6 +9. 8
+13 +31.0
-61.9
+23 +27. 1
— 67 -58.2
+11 + 13.3
+14 + 14-9
+ 17 +21. 0
0
+
l
-13.2
+9.1
l +8.3
+
0
+3.7
+5.9
-20 -95. 2
+5 +500. 0
-16. 7
0
0
+6 +28.6
+5 +26. 3
+1
+12. 5
0
0
-81 -85. 5
+21 + 150.0
— 7 -25. 9
+1 +7.7
+3 +21.4
-13. 3
+6 +20. 0
0
0
°0
+4 + 66. 7 —6 -19.4
0
+9 +90.0
0
+9 +75. 0 -14 -58.3
+3 +13. 0
+3 +11.5
2 -8.7
+62 +62. 6
+30 + 18.6
+32 +22, 9
+1 +4- 5
-8.7
+6 +37.5
+ +33. 3
0
+ 1 +50. 0
+1 +5. 6
+2 +10.5
-15 -71. 4
+4 +28.6
0
0
+2 +16.7
-4-3
-3.3
-0.8
+28 +40. 0
+15 +15.3
-19 -21. 1
0
0
+2 + 14-3
-8.3
— 16.7
-30. 0
+2 +40.0
-30 -52. 6
22 2
—6
-20 -100. 0
+1 +7.7
()
0
+12 +92. 3
0
+2.1
+2.3
+22 +7.1
+72 +21. 8
+37 + 12.5
+12 + 15.0
+4 +4-3
+19 +26. 4
-9. 6
-3.0
+4-3
-17 -25.4
-4 -8.0
-43.6
-4 -6.9
+1 +1.9
+6 +15.8
+ 10.6 +210 +46.5
-1.4 -290 -43. 8
+67 +22. 8
-5.3
+89 +47.1
+16. 2
-10.3
+7 +63. 6
+2 +11.1
+12 +92.3
+3 +60. 0
+1 +12. 5
+28. 6
-7.7
-i -4-2
+7 +31.8
+12 +32. 4
-8 -16.3
+11 +40.7
-35
+29
+8
-3.4 -61 -5. 7
+2.9 +112 +11.1
+1.0
+49 +5.8
-6 -1.8
-17 -5.2
-33 -13.9
-30
+90 +25. 1
+24 +7.5
-63
-28
2
-6. 9
-3.3
+«
+1
-84
+84
+42
Percent
Other and
unclassified
0
+10
-10
+4
i£
+1
+1
0
0
S
:
+28 +68.3
+3 +1.3
-59 -85. 5 +15 +6.6
A
+25 +m. 8
-2.2
+34 +3.4
-63 -6.1
-97 -13. 0
+4
-16
-13
+ 1.7
-6.5
-7.6
-26
-35
-6. 0
-8.7
-9.7
0
0
-4 -8.0
+8 +29. 6
+10 +3.5
+5 + 1.7
-22 -9.7
+6.0
+29 +3.3
+11 +1.3
+3.3 +178 +20.1 +142 +15.7
+5.4 +57 +7.2 +75 +9.6
-4
+22
+17
-1.5
+8.4
+7.9
9S -10.7
+23 +9.8
+28 +15. 1
+19 +33. 9
+20 +26.7
-46 -64.8
+40 +20. 0
+24 + 10.0
-6 -2.9
1. Excludes "special category" (mainly military-type) goods.
2. Agricultural exports to Canada include some transshipments to other countries, mainly in Western Europe.
4
Digitized for 717-425—04
FRASER
+15 +14. 7
+6 +5.1
+17 +18. 3
+61 +51. 3
+31 +17.2
+18 +11.2
+1 +0.2
+46 + 10.2
+37 +9.7
+66 +13.5 +333 +39. 1 +224 +38. 4
-73 — 13.2 -253 -21. 4 -292 —36. 1
+82 +24. 1 +68 +9.5 +61 + 15.0
+226 +44- 4
+90 + 12.2
+6( +9. 6
+5.5
-5.2
+2.9
-16 -11. 8
+10. 0
-11.1
~4 1
+4 +9.5
0
0
+8 +22. 9
0
0
+4 +23. 5
+4 +25.0
-2.6
+3. 5
+9. 5
18
4 55
-37
+3. 0
+0.1
+3. 2
+22 +33. 8
+4 +4. 6
+10 +14.9
-15
+20
+42
Millions
of
dollars
cent
dollars
+22 +13.4
-3.0
Civilian
aircraft
M il-
—5 -3.8
-8 -6. 3
+11 + 12. 0
France
1960 to 1961 _ .
----1961 to 1962
Jan.-Sept.: 1962 to 1963
Netherlands
1960 to 1961
19(51 to 1962
Jan .-Sept . : 1962 to 1963 - - -
+50 +27. 5
+32
+i
Aulos and
parts
cent
+1 +5. 0
+3 •-4- 1 A. 3
+15 +88. 2
-4 -2.6
-5 -3.4
+26 +23. 9
Italy
1960 to 1961
1961 to 1962
Jan .-Sept . : 1962 to 1963 ....
+9. 4
+8. 6
+3.3
of
dollars
-66
-86
+ 55
—2 —0 7
+15 +5.0
+45 + 19.2
-70 -15. 1
—40 -10.1
+28 + 10.4
-5.6
-7.7
+7.0
cent
+32 4-17 6
+80 +51.3
—16
+12 +23. 2
-11 +8.2
— 1.4
Mil-
of
dollars
-2.0 +389
-4-4 +391
+5. 6 +121
0 -161 -31.3
— 37 — W. 5
+18 +7. G
—18 ~'i I
+27 +6. 4
+34 + 10.2
+7'. 9
cent
j ^ g
Belgium
1960 to 1961
1961 to 1962
Jan.-Sept.: 1962 to 1963. .
+1
Mil-
Milcent
of
(lo1lars
Mfrd. consumer goods
(nonfood)
excl. autos
Other
Mil-
Mil-
Mil-
cent
Machinery
Inc ustrial supplies and materials
Total
SURVEY OF CURRENT BUSINESS
26
Table 3.—Percent Changes in Wage Rates 1
and Productivity 2 in Manufacturing Industries, United States and Selected European Countries, 1960-63
[Percent]
January-June, yearly changes
Country
1960-61
1961-62
1962-63
United States
Wages
Troductivitv
4-2.3
4-1.8
+'3.2
+3.1
+ 4.4
4-3.0
+8.9
+9. 5
United Kingdom
Wages
Productivity
4-7 2
-HI. 4
-M 2
0
+3.2
+4.0
+ 15.3
+5. 5
W. Germany
\Vages___J
Productivity
•-•- 10. 4
H-3.1
4-12.3
+3. 4
+ 7. 7
+3. 3
+33.5
+ 10.0
France
Wages...
Productivity
4-6. 6
-H. 2
+9.5
+9.1
+3. 0
+27. 3
3+13.0
Italy
Wages,
Productivity
4- '2. '2
+ 12.S
+ 14. 1
+ 18.4
+6. 0
+41,8
+23. 6
1.
2.
3.
tion
coal
3
1960-63
Hourly earnings.
Output per man-hour.
Estimate based on employment and industrial producafter adjusting lor adverse effects of severe winter and
strike in early 1963.
factors as the severe winter, the consequent rundown of the Community's
coal stocks, and the production loss of
some 5 million tons due to the French
coal strike in March, the rise in our
coal exports may be only temporary.
If fuel is excluded, the rise during the
past year in nonagricuitural exports to
Japan alone was almost as large as the
rise in such exports to all Western
European countries combined. (See
table 2.) Following a period of relative
stability lasting well over a year,
Japanese industrial production swung
sharply upward early in 1963 and
continued to climb, especially in the
summer quarter.
Omitting fuels, much of the recent
rise in exports of industrial materials
has been centered in iron and steel
scrap, logs and lumber, paper-base
stocks and crude chemicals. By comparison, increases in exports of steel
mill products, plastics^ textile fabrics
and most other industrial materials
incorporating a fairly high manufacturing component, were relatively
small or negligible. Among the latter,
exports of synthetic rubber were down
considerably from 1962.
Upswing in agricultural exports
The $5.5 billion total estimated for
agricultural exports in 1963 reflected a
pickup of some $500 million (mainly in
commercial sales for dollars) from the
$5 billion exported in each of the 2
previous years.
In. January-September 1963 agricultural exports to the United Kingdom,
and to the EEC countries whose additional taxes on imports of grains and
poultry have been in effect since the
end of July 1962, wore down substantially from a year ago. (See table 2.)
These declines were more than offset
by increased shipments of agricultural
commodities to Japan and to a number
of other countries such as India and
Pakistan.
In the fourth quarter of the year
wheat exports to Western Europe,
where crops had suffered heavy losses
due to the severe winter of 1962-63,
turned up sharply. Our cotton shipments to Western Europe and to other
foreign destinations also moved higher
in the fall quarter. Cotton exports
during the year ending August 1964
are expected to total some 5 million
bales, up from 3.4 million bales in
1962-63, chiefly as a result of the new
program which permits the sale of
cotton from CCC stocks at competitive
world prices, and of the temporary
reduction in cotton supplies in other
exporting c oun t ri es.
Together with the increases in wheat
January 1964
and cotton, advances in exports of soybeans, dairy products, fodders and
feeds, tobacco and some other commodities are expected by the Department of Agriculture to raise total agricultural exports from $5.1 billion in fiscal 1962-63 to about $5.8 billion in the
fiscal year 1963-64. The $5.8 billion estimate does not include sales to the
Soviet Union, which, at the time of
writing, amounted to $85 million.
Since it appears that agricultural
exports in July-December 1963 had
not quite reached the $5.8 billion rate
anticipated for the fiscal year as a
whole, some further expansion may be
expected in the first half of 1964.
Indications are, however, t h a t any
additional improvement—aside from
sales to the Soviet Union—would be in
Government-financed shipments rather
than in commercial sales for dollars.
Recent competitive developments
During the past 3 years the rise in
manufacturing wages in the United
States appears to have been about in
line with advances in productivity,
while increases in wages abroad have
greatly exceeded the apparent increments to productivity. (See table 3.)
As a result of this disparity, prices in
the United States have been relatively
Table 4.—Imports by End-Use Categories, 1958-1963
End-use category
195S
1959
1961
1960
1963
Tan. -Sept. at
annual rate
seas, adjusted
1962
j
i
PerMilMilMilPerMilPerPerMilPerMilPerlions of cent of lions of cent of lions of cent of lions of cent of lions of ! cent of lions of cent of
dollars total dollars total dollars total dollars total dollars j total dollars total
General imports, tolaU. 12, 807 100.0
Food and beverages, totalCoffee
. _ _
Meat, sugar, and
other foodstuffs
15,207
100.0
100.0
14, 654
14, 437
100.0
16, 144
100,0
16, 807
100.0
3, 354
1,173
26.1
9.1
3, 364
1,094
22.1
7.2
3,209
1,002
21.9
6.8
3,259
961
22.6
6.7
3, 519
987
21.8
6.1
3, 500
911
20.8
5.4
2, 181
17.0
2, 270
14-9
2,207
15.1
2,298
15. 9
2,532
15.7
2. 589
15.4
6, 585
231
1,610
51.2
1.8
12. 5
8, 021
573
1, 536
52.8
3.8
10.1
7, 593
508
1, 548
51.8
3.5
10.5
7, 397
421
1,679
51.2
2.9
11.6
8, 205
537
1,814
50.8
33
ll'.g
8, 44T
665
1.885
50. 2
3 9
435
4, 309
3-4
S3. 5
603
5, 309
4.0
34. 9
541
4, 996
3.7
34-1
538
4,759
37
33.0
617 j
3.8
5, 237
32.5
651
5. 240
Materials used in agriculture
366
2.8
366
2.4
353
2.4
390
2.7
418
2.6
590
3.0
Capital equipment, total.
481
3.7
618
4.1
602
4.1
720
5.0
787
4.9
875
5.2
400
3.1
536
3.5
518
fi.n
551
3.8
651
4.0
767
4.6
75
.6
82
.6
84
.6
169
1.2
136
.9
108
.6
1,710
503
1,207
13.3
3.9
9.4
2,424
766
1,658
15.9
o.O
10.9
2, 459
544
1,915
16.8
3.7
13.1
2,200
318
1,882
15.2
'2. 9
13.0
2,707
433
2,274
16.8
27
14.1
2,885
475
2,410
17.2
371
2.9
414
2.7
438
3.0
471
3.3
508
3.1
606
3.6
Industrial supplies and
materials, total
Steel mill products
Petroleum
Lumber and other
building supplies
Other.../.....'.
Machinery
Other capital equipment incl. aircraft _
Nonfood consumer goods .
Passenger cars
Other
Other and unclassified -'._
i
i'i.2
3.9
01
2.8
14.4
1 Bureau of Census recorded general imports, excluding uranium.
2. Mostly manufactured items: noncommercial imports and shipments valued under $100; includes military aircraft.
Source: Office of Business Economics, from basic data of Bureau of Census.
^
SURVEY OF CURRENT BUSINESS
January 1904
stable while internal prices abroad have
risen,, even though some of the cost
increases were absorbed by a reduction
in profit margins. These differential
price movements should have strengthened our competitive position as an
exporter of manufactured goods. The
fatft that our recent export performance
in manufactured goods does not show
more evidence of this improved price
relationship may be due to a number of
factors. First, foreign prices are more
flexible than our own, and are geared
to meet outside competition—not only
export competition, but also competition from imports. This may explain
why there has been little or no increase
in export prices of major competitor
CM* unfcries even though domestic prices
in these countries have increased
substantially.
Second, certain factors may not be
property reflected in the price indexes—
stieh as quality, technological superiority, salesmanship, delivery dates,
servicing and credit terms. These are
ulso major determinants of a nation's
27
competitive ability, and during the downturns of 1958 and 1961. But the
past several years foreign countries advance was considerably less than
have gained an increasing advantage the sharp gain from 1961 to 1962.
with respect to some of these factors. (See table 4.)
For example, technological advances
The diminished rate of advance in
in foreign countries are rapidly catch- 1963 imports was probably associated
ing up with our own, in part as a result with the recent implementation of
of our direct investment abroad and textile agreements with a number of
of U.S. licensing agreements with foreign exporter nations to limit the
foreign producers.
Delivery dates flow of their cotton textile shipments to
abroad have become shorter with this country. In addition, Japan's TV
the development of excess capacity manufacturers imposed voluntary rein major foreign industries such as straints on further price cutting and on
steel and capital equipment.
the volume of their exports to the
Third, while foreign markets for United States.
consumer goods are both large and
While imports of foreign passenger
growing rapidly, and consumer prices cars advanced in 1963 for the second
abroad have gone up much more than successive year, they were still subthose in the United States, consumer stantially below the peak totals of 1959
goods still comprise only a negligible and 1960. The share of new foreignsegment of our export trade. So long car sales in the expanding U.S. car
as most U.S. manufacturers of consumer market of 1963—about 5% percent—
goods do not attempt to enter export was little more than half of what it had
markets, price movements to our ad- been 4 years earlier.
vantage, no matter how favorable,
Capital equipment imports continue
will have little or no impact on our
uptrend
exports.
Although imports of capital equipment—primarily machiiiery—still comprise only 5 percent of total U.S.
purchases from abroad, this category of
goods has experienced an almost uninterrupted series of moderate annual
Food and beverage imports in 1963, increases throughout the postwar period.
after recovering from a first-quarter dip, Last year a two-thirds cutback from
were little changed from the record 1962 1962 in deliveries of foreign civilian
total. A decline in 1963 in the quan- aircraft was more than offset by a
tity and unit price of coffee—a com- concurrent rise of over $100 million in
modity which in past periods has imports of machinery and other capital
accounted for from one-fourth to more equipment.
than 40 percent of all foodstuffs im- Area trends in imports 3
ports—was substantially offset by the
The smaller year-to-year advance in
extension of 1962's gains in imports of 1963 imports—about $1 billion less
meat products and sugar. The rise in than 1962's steep upswing from the
the value of 1963 sugar imports re- recession-affected year 1961 —reduced
flected, in part, the impact of higher
Gains in Two Import Upturns
unit prices per pound in the JulySeptember quarter, as shipments under
1961-62 1962-631 1961-62 1962-63 '
contracts placed earlier in the year—
PerPer$ Mil- $Af/7when world quotations were at a peak—
lions
cent
lion-x
cent
j \
("Hob-il 'Ul 'irc'H
1 707
663
11 8
reached U.S. ports.
Recent Trends In U.S. Imports
Manufactured Goods lead 1963 Import Rise
THE 1963 import rise in finished
manufactures—principally nonfood consumer goods and capital equipment—
accounted for about 55 percent of the
overall year-to-year expansion in imports, although finished manufactures 2
have comprised just 23 to 26 percent
of total U.S. imports during the past
five years,
From a first quarter trough, imports
of industrial materials moved higher
in subsequent quarters of 1963 to
accumulate an annual total surpassing
the preceding year's record high. But
the 1963 gains were selective, being
largely confined to such industrial
supplies as steel, petroleum, and building materials.
Advance in nonfood consumer goods
The past year also witnessed a pickup
eases
in imports of materials used in agriculU.S. imports of nonfood consumer
ture, such as burlap, jute, and twine goods, excluding passenger cars, scored
manufactures.
another new high in 1963, extending the
long-term rise which had been only
Excluding finished supplies for industrial -and agricultural
briefly interrupted during the cyclical
2
Western Europe
Canada
Latin America
Japan
All other
487
420
173
303
3'?4
100
•>26
14
130
193
12.0
13 6
5 4
28.7
9 6
2 2
6 4
0 4
10.7
5 8
1
1963 based on January-September annual rate, seasonally
adjusted.
2
Total general imports, excluding uranium.
3. Data in this section exclude uranium imports; 1963 is
based on January-September at an annual rate, seasonally
adjusted.
SURVEY OF CURRENT BUSINESS
28
the size of the dollar gains of this
country's major suppliers abroad. The
increase in imports from Western
Europe was reduced the most, while
January 1964
Latin America's 1962 gain was nearly the dollar advances last year were
eliminated. Canada and Japan were smaller. The detail on area changes
both relatively large beneficiaries of in imports from 1961 to 1963 is shown
the import rise in 1963, as in 1962, but in the following table:
Lumber Stocks (Mill), End of Month, 1951-62: Revised Data for Page S—31 *
[Millions of board feet]
Total,
all
types
Year and month
1951' Tanuarv
February
March
April
May
June
5, 966
5. 832
5, 617
- -
_
_
-
5, 61 1
5, 830
6,217
6, 515
6, 755
6, 964
Softwoods
Hardwoods
Southern
pine
Western
pine
3. 990
3,895
3 686
3. 696
3, 863
4. 160
1.265
1.228
1,205
1, 228
1 . 290
1.343
1,249
1, 162
1.089
1.088
1.152
1.286
4.373
4, 510
4. 676
4. 667
4. 707
4, 809
1 , 383
1 , 387
1 . 349
1.276
1,284
1,326
1 . 403
1.518
1 . 609
1 , 660
1.689
1.G86
Total 2
1. 976
1.937
1.931
1,915
1 . 967
2, 057
7, 141
2.142
2. 215
2.288
2. 323
2, 316
2, 332
6, 372
2,117
4, 255
1,297
1,383
7.070
0. 876
6, 761
6. 653
6, 668
6. 802
2.314
2, 295
2.332
2, 347
2. 362
2 401
4, 756
4, 581
4,429
4. 306
4. 306
4.401
1.367
1.373
1,348
1.340
1 . 363
1,343
1,576
1 . 459
1 , 356
1. 296
1 . 297
1.353
6. 934
6. 929
7 025
6, 837
6,708
6, 661
2. 442
2. 481
2,517
2. 307
2 172
2, 075
4. 492
4. 4-8
4. 508
4. 530
4. 536
4. 586
1.309
1 , 209
i , 264
1.249
1.234
1. 2(52
1.426
1 . 482
1. 529
! . 586
1. 595
1. 565
6, 827
2,337
4. 490
1.305
1 . 460
6 620
6. 565
6, 445
6, 338
6 236
6, 246
2, 048
2, 005
1.883
1.757
1.617
1, 564
4 57?
4. 560
4. 562
4, 581
4.619
4. 682
1 292
1 . 326
1. 343
1 . 393
1.397
1,418
1.482
1.415
1 . 369
1. 369
1 . 388
] , 448
Tuly
August
September
October
November
6, 369
6. 567
6,810
7 095
7, 304
7 477
1,600
1. 705
1 . 863
2. 004
2, 105
2 900
4. 769
4. 862
4. 947
5, 091
5. 199
5. 277
1. 425
1 . 436
1.428
1 . 499
1 . 538
1,626
1.524
1. 590
1 . 667
1. 741
1 . 768
1 . 754
Monthly average
6, 673
1 . 863
4, 810
1.427
1.543
February
March
\pril
May
I line
7 550
7, 552
7. 456
7 307
7, 317
7.027
2 175
2. 1 16
2 120
2 093
2. 067
2. 043
5 375
5, 406
5. 336
5, 21 4
5. 250
4, 984
1 710
1, 763
1.784
1. 782
1 . 756
1 , 660
1 699
1.645
1.582
1.554
1 . 581
1.564
July
\UgUSt
September
October
November
December
Monthly average
1052* Tanuarv
February
-
_
6,990
7,023
- -
April
Mav
Tune
Tuly
September
October
November
December
Monthly average
1953* Tanuary
February
March
April
6 745
6 612
6, 571
6, 554
6 599
6 585
March
April
May
Tune
July
August
September
October
November
December
Monthly average
1956" Tanuary
February
M arch
\pril
May
,] vine
July
\ugtist
September
October
November
December
Monthly average
1, 524
1 . 440
1.382
1,330
1 . 306
1 . 346
1 519
1 541
1.58!)
1.608
1 . (532
1 . 623
2, 029
4. 961
1.565
1 . 594
1,876
1 862
1 , 856
1, 838
1,826
1. 816
4,699
4 729
4, 650
4. 503
4. 472
4. 354
1.343
1.365
1.369
1.367
1. 359
1.318
1 . 562
1. 506
1 . 458
1.422
1.418
1.438
6 002
6, 050
6, 141
6,230
6,284
6 419
Monthly average
1955* Tanuary
4, 726
4.619
4, 606
4, 618
4, 691
4. 704
6 575
6 591
6, 506
6 341
6, 298
6,170
September
October
November
2, 019
1 993
1, 965
1. 936
1. 908
1 881
6, 990
Tulv
1 802
1.784
1,776
1, 764
1,754
1 740
4 200
4. 266
4, 365
4. 466
4. 530
4, 679
1 . 287
1 , 236
1 , 220
1.196
1.210
1.281
1 , 447
1.496
1 , 542
1,612
1 . 632
1 . 645
6 301
. .
1,808
4, 493
0
1,296
1.515
6 381
6. 279
6,071
5, 927
5, 978
6 149
1. 656
1 . 570
1.468
1.396
1,421
1,516
4. 725
4 709
4. 603
4, 531
4, 557
4, 633
1.345
1.357
1,344
1.344
1 . 351
1 . 352
1.581
1.526
1. 190
1 . 465
1.489
1. 560
6. 592
6. 860
7. 080
7 208
7 330
1 , 666
1,778
1. 863
1,921
1 948
1.966
4. 626
4.814
4, 997
5, 159
5 260
5. 364
1.313
1.332
1,333
1 . 349
1 392
1,471
1,613
1.733
1,840
1,920
1,934
1.923
6, 512
1. 681
4,831
1, 359
1.673
6.292
1. Revisions by months for 1948-50 are available upon request. Revisions for 1962 (Jan.Bec., respectively) for Douglas fir are as follows (mil. bd. ft.): 1.064; 1.123; 1,105; 1,102;
1,057; 973; 925; 891; 888; 899; 928; 938.
Total,
all
types
Year and month
1957: Januarv
February
March
April
May
Juno ._
July
August
September
October
November
December
7
1
7
7
7.
7
__.
449
590
665
591
507
438
7 379
7 370
7, 499
Southern Western
pine
pine
Total 2
2 048
2 119
2 182
2 194
2,185
2 193
5 401
5 471
5 483
5 397
5,322 !
5, 945
1 576
1 578
1 549
1 5"
1,484
1 458
9
1
1
1
1
2 901
1 961
5 106
5 036
5, 047
5 003
5 07°
5 088
1 46
1 380
1 353
1 331
1 336
1 399
9
334
2 382
836
8°9
819
784
1. 775
1 803
1
1
1
1
1
1
9 973
9 393
7 973
7 049
Softwoods
Hardwoods
789
787
895
£97
858
89Q
2 900
o "o
1 449
1 819
7
7
7
6
6
6
086
13'?
093
099
7«9
735
1 908
1, 830
1 783
1 764
l' 754
1 812
5 178
5, 302
5 310
5 158
5 035
4 993
1 449
1 . 400
1
458
l' 439
1 399
1 373
1
1
1
1
6
(*>'
6
6
6
6
690
574
510
590
594
643
1 859
1 888
1 937
1 935
1 99 8
1 936
4 767
4 686 '
4' 573
4 *85
4 666
4, 707
1 331
1 970
1 200
l' 173
1 173
1 , 994
1 67(i
1 70-")
1 75*
1 759
1 799
1, 789
6 769
1 861
4 c'08 •
1 399
6 6"
h '17?
(> 405
6* ? 15
6 I'M
6 090
1 916
1 ' 866
1 850
1*830
1 811
l' 869
4 '<06
4 706
4' 555
4,3K5
4 v'jo
4
991
6
6
6
6
6
6
031
0"
195
334
573
6C»7
1 997
I 937
1 981
1 964
1 ' 972
1 973
4
4
4
4
4
4
104
085
914 '
270
601
794
M on th 1 v average
I960' Januarv
February _
__.
. .
March
April
May
June
...
July
August
September. _ _ _ _ _ _
October.
November
December
Monthly average, ...
1901: January
February
March. _
April
Mav
June
..
July
August
September
October
November. ._ _ _
December
6 393
1 911
7 9r >
830
965
955
945
018
1 944
1 881
1 804
l' 789
1 186
1 898
Monthly average
1962: January
February
March.. _. _
April
May.. . .
June
July
August .
September _.
October
November
December
TV! on th 1 v a verace
1958: January February ...
Ms? rob
April
Mav
June .
July
Ausnist
September
October
November
December. _ _ .
Monthly average
1959: January
February
March...
April
May
.Tune
July ..
August.
September
October
November
December
__
6
6
6
6
6
7
'
i
:
!
•'
1
1
1
1
1
1
9
53
-~7
9
16
165
131
085
9
773
779
76 r>
694
1 O f >7
1 733
1
1
1
i
1
1
7^1
701
(V'V1
558
510
549
1 043
1 . 000
938
1 017
^ 073
i ~i y,
1 54S
1 609
1 r;s9
1 749
1 890
1 KIG
4, 419
1 116
1 f.58
4 7*1 '
4, 949 i
5 161 i
f) 173 :
5 159
5, 1 90 '
1
l> 9
0
1 954
1 101
l' 784
1 834
1 S90
1 ' !>::-> 9
9
1
319
i 395
1 358
1. 397
1 894
1 Q' 5
1 <W4
2. 044
9
059
7 086
7 017
7.302
7 398
7 475
7 359
1 894
1 930
1 , 966
9 018
2 060
2 067
5 19
5 987 ;
5,336 i
5.380 !
5 415
5 985 :
1 41Q
1 419
1 , 405
1 , 493
1 465
1 403
7 106
1 913
5. ] 92 ;
1.370
1 916
7
7
7
7
6,
6
9
037
9 030
1 981
1 998
1,906
1,887
5
5
5
5
5,
5,
1 461
1 400
1. 409
1 389
1, 373
1,370
1 Q13
1 8x?
1 8! 5
1, -7 9
1 738
6 818
6, 837
6, 874
6 864
6, 929
6 861
1 864
1, 816
1, 776
1 780
1,774
1 683
4 954
5, 021
5.098 •
5, 084 !
5. 148
5, 1 78
1 341
1,317
1, 292
1 , 268
1, 288
1 359
1 758
1, 836
1, 911
1. 999
1,942
1, 876
7 003
1 879
5T 131 , i
1 360
1,858
6 6 9
6. 568
6, 435
6. 283
6. 157
6, 050
1 584
1, 493
1,410
1, 355
1,351
1,388
5. 045
5. 075 |
5. 025
4. 928
4, 806
4, 669
1 . 396
1.415
1,401
1,382
1,861
1,353
1, 766
1, 703
1, 690
1, 630
1. 591
1, 568
6. 012
6, 110
6,303
6, 454
6 555
6, 598
1, 445
1, 536
1,617
1,691
1 735
1,747
4, 567
4, 574
4,686
4, 763
4 890
4,851
1, 333
1 . 342
1,340
1. 343
1 341
1,388
1,552
1, 59fj
1.713
1. 771
1 789
1, 779
6,346
1,529
4,817
1,366
1, 679
350
381
212
099
97()
919
9
__ .. .
_
...
Monthly average ..
9. Includes types not shown separately.
Source: National Lumber Manufacturers Association.
313
351
931
101
064
032
i
•;
',
1
9 05! 1
9 0^3
1 Q9Q
BUSINESS STATISTICS
JL HE STATISTICS here update series published in the 1963 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1959 through 1962 (1951-62, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1963 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (f), respectively; certain revisions for 1962 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the August 1963 issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding
to revised monthly averages are available upon request. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment
for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1960 | 1961 | 1962
1960
III
Annual total
Data from private sources are provided
1961
IV
I
II
1962
III
| IV
j
II
1963
III
IV
II
I
IIIi
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
bil $
414 5
426 1
453 7
415 4
412 8
411 1
423 2
499 o
441 0
444 7
452 4
455 5
462 2
466 7
474 6
482 0
do
293.6
302.1
322. 9
295.8
293.9
294.0
300 1
304 4
309 9
316 0
322 5
325 3
327 7
332 0
338 7
342.8
271.3
9.9
38.5
22.3
46.2
34.2
12 0
12 1
278.8
227 0
10 2
41.6
23.3
48.1
35. 3
12.8
12 1
297. 1
241 6
10.8
44. 7
25.7
49.8
36. 5
13.3
12 0
273.3
224 2
9 9
39.1
22.5
46 1
33.8
12 2
12 1
271.3
221 6
10.0
39.7
22.5
46 6
33.8
12 7
12 1
271. 2
220 8
10 0
40.4
22.8
47 0
34. 2
1? 8
12 1
276. 9
225 8
10 0
41 2
23.1
47 6
35.0
12 6
1° 1
281.0
29S 8
10 0
42 2
23.4
48 3
35.7
12 6
12 1
286. 1
239 5
10 8
^2 8
23.8
49 5
36. 3
13 2
I9 0
290.7
236 1
11 1
43 6
25.2
49 5
36.0
13 5
12 0
296. 8
241 7
11 0
44 1
25.7
49 6
36.5
13 1
1° 0
299.4
243 7
10 7
45 0
25.9
49 8
36.6
13 2
I9 0
301. 5
944 7
10 5
46 3
26.2
50 3
36.9
13 4
12 0
304.5
246 7
10 7
47 1
27.5
50 7
37.2
13 5
12 0
310.8
25° 2
10 8
47 8
27.9
50 0
37.4
12 6
12 0
314. 6
255 I
10 8
48.7
28.2
50 5
37.8
12 7
12 I
44 5
43 8
47.0
43 2
41 5
38 8
43 6
44 0
48 6
46 1
46 5
46 1
49 3
48 8
50 1
52 2
44 3
22.3
92. 0
14.5
7.5
.2
43 8
22,0
21 8
15. 3
6.5
.0
46 8
22.2
24.6
16.6
8.1
.2
42 1
21. 2
20 9
14.6
6 4
1.2
41 1
20.6
20 4
14 8
5 0
5
38 5
19.4
19 2
15.0
4 2
.3
43 4
21.8
21 6
15 1
6 5
.2
44 3
22.3
22 0
15 2
6 8
o
48 9
24.6
24 3
15 8
8 5
— 3
45 9
21.7
24 9
16 2
8 0
1
46 7
22.1
94 6
16 4
8 °
_ 2
46 2
21.9
24 3
16 5
7 8
— i
48 4
22.9
95 5
17 1
8 4
g
48 3
22.9
25 4
17 1
8 3
52 2
24.7
27 5
17 6
98
4
51 0
24.2
26 8
17 6
9 2
— 9
-do
18.0
20.0
22.0
18.2
18.8
19.1
19.8
20.3
21.0
21.2
21.7
22.3
23.0
23.3
23.7
24.3
do
502.6
518.2
554. 9
503. 5
502. 1
500. 4
512. 5
521.9
537. 8
544.5
552. 4
556. 8
565. 2
571. 8
579.6
588.7
Personal consumption expenditures, total. _do
328. 2
336. 8
355. 4
328.7
330. 3
330.7
334. 9
337.9
343.8
348.8
352.9
356.7
362.9
367.4
370. 4
374. 9
44 9
18.8
19.1
151. 8
98 1
79.5
11 7
131. 5
19 5
41.9
10 7
43 6
17 1
19.2
1 55. 1
28 6
81. 1
11 9
138. 0
20 4
44 1
10 7
48 2
20.4
20.2
161.4
29 8
84.2
19 3
145. 7
91 5
46.6
11 3
44 6
18.3
19.1
152. 0
28 3
79.4
11 8
132. 2
19 6
4? 1
10 7
43 9
17 9
18.8
152 3
27 7
79 9
11 9
134.2
19 9
42 8
10 8
41 2
43 9
17 0
19.6
155 3
2S 6
81 2
11 9
138. 8
90 6
44 4
10 7
46 4
18 9
20.0
156 9
29 3
81 6
11 9
140. 5
47 3
19 7
20.0
158 9
29 7
82 7
20.6
163 6
29 9
85 2
1° 6
148. 9
91 8
47 6
11 6
151. 4
92 2
48 2
11 8
51 0
22 3
20.7
165 9
29 7
86 3
13 0
153.5
29 4
48 8
12 1
50 8
21 5
21.3
168 (6
30 )
87 2
45 0
10 8
47 7
19 8
20.3
1H2 5
°9 9
85 0
1° 3
146.6
21 5
46 9
11 4
50 6
142.6
21 3
45' 6
11 1
47 5
20 1
19.8
160 6
99 5
83 9
12 2
144.8
21 5
46 3
11 3
50 5
18.3
153 9
28 2
80 6
11 9
135. 6
20 0
43 3
10 7
43 1
16 7
19.1
154 5
28 2
81 0
11 7
137.3
20 4
43 8
10 6
do
71.8
69.0
78.8
70.9
65.3
59.6
66.6
72.0
77.6
77.3
79.6
78.9
78.8
77.8
80.7
83.7
do...
do
do
do
do
40.7
21. 1
27.6
35
3 2
41.6
21 0
25.5
19
15
44.4
23 2
28.8
5 5
4 9
40 5
21 0
27. 7
2 7
2 3
40 7
20 5
26.8
2 3
—2 7
39 3
19 0
24.6
—4 3
—4 6
41 0
20 1
24.5
I i
g
42 6
21 9
25.8
3 5
3 2
43 2
22 8
27.1
7 2
6 9
41 7
27.4
81
7 6
44 5
23 3
28^7
6 5
5 8
46 0
24 2
29.3
3 6
2 8
45 0
23 7
29.9
4 0
3 2
43 7
29 7
29.0
5 1
4 3
45 8
24 8
30.7
4 0
36
47 9
25 9
31.6
do
do
do
3.0
26 3
23 3
4.4
27 5
23 1
3.8
28 9
25 1
3.3
26 7
23 4
4.9
27 0
22 1
5.4
27 5
22 1
4.3
26 5
22 2
4.1
97 8
23 7
4.0
°8 3
24 2
3.3
27 9
9
46
4.4
29 5
25 0
4.1
29 4
25 3
3.3
28 8
25 5
3.6
28 6
94 9
4.8
4.3
0-1 i
25 9
97 1
99.6
53 1
45.7
46.5
107.9
57 4
49 0
50.6
117. 0
62 4
53.3
54.6
100. 5
53 5
45 9
47.0
101. 6
53 7
45 9
48.0
104.7
55 4
47 5
49 3
106.8
57 1
49 0
49 7
107.9
57 1
48 6
50 8
112.3
59 8
50 9
52 5
115. 1
61 8
52 5
53 3
115.5
61 9
59 9
53 6
117.0
go 4
53 5
54 6
120.2
63 6
54 3
56 6
123.0
65 5
56 4
57 5
123.8
66 *5
56 7
57 3
125.7
499.1
253. 7
94.2
159. 5
188.8
56.7
516 3
257. 3
93.8
163.5
200 4
58.6
549 3
272.8
101.5
171.3
214 5
62. 1
500 7
254.1
93.8
160. 3
189 9
56 8
504 4
254.3
93.2
161.1
192 8
57 3
504 7
252. 8
90.6
162.2
195 3
56 7
511 4
254.6
92.1
162. 5
199 1
57 7
518 3
257. 6
94.3
163.3
201 5
59 2
530 5
264.0
98.2
165.8
205 7
60 9
536 3
268.1
99.9
168.2
209 0
59 2
546 0
270.7
99.9
170.8
213 5
61 8
553 1
274.8
102.6
172.1
215 2
63 1
561 2
277.4
103.5
174.0
220 2
63 6
566 6
281.7
106.3
175.3
222 5
62 5
575 4
285.6
109. 6
176.0
Inventory change, total
do
3.5
2.7
5.5
-2.3
-4.3
7.2
1.1
1.9
3.5
3.6
8.1
6.5
2.3
Durable goods
do
—.4
2 9
1 4
—6 6
—2 7
2 0
4 7
—1 5
31
2 5
4 8
Nondurable goods
do
1.1
2.2
2.6
.4
2.3
1.3
2.5
2.6
3.3
1.5
3.4
1.2
r
Revised.
cf Includes inventory valuation adjustment.
0 Includes data not shown separately.
9 Government sales are not deducted.
1
Preliminary data for 4th qtr. 1963 for selected items appear on p. 6 of this issue of the SURVEY.
4.0
13
2.6
5.1
j1
4.0
National income total
Compensation of employees, total.. _
Wages and salaries, total
do__. .
Private
do
Military
_
do
Government civilian _
do
Supplements to wages and salaries
do
Proprietors' income, total cf
_do
Business and professional^"
do
Farm
_
do
Rental incoino of persons
do
Corporate profits and inventory valuation adjustment total
bil $
Corporate profits before tax total
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Net Interest
do
do
do
do
<?o
do ...
-
Gross national product, total
Durable sroods, total 0
do
Automobiles and parts _ _ _
-do
Furniture and household equipment-.-do
Nondurable goods, total 0
do
Clothing and shoes
do
Food and alcoholic beverages
do_
Gasoline and oil
do
Services, total ©
do
Household operation
do
Housing
do
Transportation
do
Gross private domestic investment, total
New construction
Residential nonfarm
Producers' durable equipment
Change in business inventories
Nonfarm
Net exports of goods and services
Exports
Imports
Govt. purchases of goods and services, totaL.do
Federal (less Government sales)
do
National defense 9
do
State and local. _
do. .
By major type of product:
Final sales, total
Goods, total
Durable goods
Nondurable goods
Services
Construction
_
_
do
do
do
do
do
do
222 9
•>Q g
19 1
91 2
90 O
9° 0
20.9
165 9
3
30
85 8
I O C
Or» 7
99fi f^
o
•iq t
155. 5
99 8
49 r>
12 9
3
Kft
7
7
"Q /I
KOA R
288.2
110.0
178. 3
63 3
f\R 7
4.3
30
1.3
4.2
s-1
2.4
SURVEY OF CURRENT BUSINESS
S-2
1960
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
! 1961
1962
Annual total
1961
I
1962
IV
III
II
•January
I
II
1963
III
IV
I
1964
II
III
IV
I
* W. 92
-• § ftf
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT- Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gross national product total
fail.
$
439. 9
Durable goods
Nondurable goods
Services
-
-
474.8
434. 0
443.4
450. 4
463. 1
467.8
474.0
475. 6
481.4
485. 3
489.4
495.1
303. 6
317.fi
298. 5
302. 2
304. 5
309. 2
313.0
315. 9
318.6
322.9
325. 5
327.0
330.1
42.2
141.4
114.5
do__
do
do
447.7
29S. 1
Personal consumption expenditures, total _do _ _
41.5
143. 3
118. 9
45.6
147.8
124.3
39.3
141.9
117.3
40.9
142.9
118.4
41.6
143. 5
119.4
44.1
144.7
120.4
44.7
146.0
122. 3
44.7
147.4
123.8
45.0
148.8
124.8
47.8
148. 9
126. 2
48.1
150.1
127.3
48.0
150.5
128.5
48.0
152.6
129.6
60. 2
57. 5
65. 2
49.7
55. 6
59.9
64.7
04.4
66.0
64.8
65.2
64.6
66.4
68.6 i
34.4
22.7
36.7
23.8
3.1
34.7
21.0
1.7
33.1
20. 2
-3.6
34.2
20.2
1.2
35. 5
21.3
3.1
36. 0
22. 4
6.3
34.7
22. 7
7.0
36.8
23.6
5.7
37.8
24.2
2.9
36.9
24.8
3.4
35.7
24.0
4.9
37.3
25.3
3.8
38.6
26.1
4.0
1.7
2.3
1.8
3.6
1.9
1.9
1.7
.9
2.6
2.3
1.4
1.8
2.8
2.3
Govt purchases of goods and services, total.-do
Federal
__do
State and local
do
79.9
42.3
37.6
84.3
44.8
39. 5
90.2
49.0
41.2
82.3
43.1
39.1
83.7
44.0
39.1
84.2
44.6
39. 5
87.4
47.0
40.4
89.4
48.7
40. 7
89.5
48.8
40.7
89.9
48.8
41.1
91.9
49.6
42.3
93.4
50.6
42.9
93.2
51.0
42.1
94.1
50.7
43. 4
DISPOSITION OF PERSONAL INCOME
Quarterly Data Seasonally Adjusted at AnnualPat.es
personal income total
bll. $
Less: Personal tar and nontax payments
do
Fouil^* Disposable personal Income
do
401. 3
51. 4
349. 9
417.4
52.9
364. 4
442. 1
57.7
384. 4
406. 6
51.3
355. 3
414. 5
302! o
420. 2
53.0
367. 2
428.0
54. 9
373. 1
433. 5
50. 2
377. 3
440. 7
57. 9
382. 7
444.5
58. 1
386. 5
449. 9
58. 5
391.4
45H. 9
59. 4
394. 5
459. 9
59. 9
400.0
465. 2
60.8
404. 4
21.7
27.0
29. 1
24. 5
27.1
29. 2
29. 3
28. f,
29. 8
29.7
28. 5
27.1
29. (»
29.5
35. 68
34. 37
37. 31
7.57
8.61
8. 05
9. 54
8. 02
9.50
9.62
10.18
8. 25
9.74
10.14
do
do
do
14. 48
7.18
7. 30
13. 68
6. 27
7. 40
14. 08
7.03
7. 05
3. 00
1.41
1.59
3.46
1.58
1.88
3.34
1.50
1.84
3.88
1.79
2.09
3.14
1.44
1.09
3.69
1.77
1.92
3.72
1.79
1.93
4.13
2.03
2.10
3. 27
1.02
1.05
3.92
1.96
1.95
3.95
1.96
1.90
4.48 '•
2.23
2.25
3 .flf*I. 79
!.. W
Mining
.do
Railroads
_ _do
Transportation other than rail
do
Public utilities
do
Communications
_ do
Commercial and other
___ - - -do
.99
1. 03
1.94
5. 08
3. 13
8.44
.98
.67
1.85
5. 52
3.22
8. 46
1.08
.21
.17
.41
1.09
.75
1.94
.26
.18
.48
1.39
.81
2. 04
.25
. 16
.47
1.50
.78
2.10
.26
. 10
. 50
1.54
.88
2. 32
.26
. 10
.47
1 . 00
.88
2.00
.27
.26
.60
1.37
.93
.28
.24
.50
1.54
.87
2.48
.27
.20
.50
1.52
.95
2.60
.24
.21
.39
1.04
.85
2.26
.26
.28
.54
1.40
.95
2.41
.27
.29
.45
1.60
.93
2.64
,28
31
54
1 60
.•m
2fi'
¥'f
1 1(8
33.71
5 3. 30
33. 85
33. 50
34. 70
35. 40
35. 70
36. 95
38. 35
37.95
36. 95
38.05
40.00
13.75
6.50
7. 25
13.50
6.20
7.30
13. 65
6. 10
7.55
14.00
6. 40
7.60
14. 20
0. 55
7. 00
14.45
6.95
7. 50
15.05
7.25
7.80
15. 00
7.30
7.70
14.85
7. 35
7.50
15.30
7.65
7.65
15.95
8.00
8.00
16.25
8 05
8.20
ML 4&
8 2tt
.95
I. 00
1.00
1.15
1.05
1. 80
5. 50
3.15
1.90
5. 05
3. 20
8 60
2.25
5. 40
3. 05
9 25
LOO
. 80
1.90
5. 45
3.60
10 20
1. 05
90
1.70
5. 20
3. 55
9. 65
1.00
1 00
2.05
5.45
3.65
9.65
1.85
5.90
3.85
10.20
1.05
1. 30
2.05
5.80
1 .05
I.I A
2 20
5. 60
7 <;o
2. 05
5. 1 5
3.70
8 75
1. 10
1. 00
2.00
5. 75
3.60
9 00
.>. 85
1.05
1.75
5.35
3. 20
8 15
1.00
. 60
1 . 95
5.55
3. 35
(
> 00
Gross private domestic Investment, total__-do
New construction
_
Producers' durable equipment
Change In business inventories
Net exports of goods and services
do
do_ _do__ .
do
Personal ''avln0' §
_do___.
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
\llindtistries
bil. $_.
Alan uf acturin g
Durable goods Industries
Nondurable goods industries
4.8
.85
2. 07
5.48
3.03
9. 52
Seas. adj. qtrly. totals at annual rates:
ATanufacturing
Nondurable goods Industries
do
-do
Mining,..
Railroads
do
do
Public utilities '
do
BUSINESS POPULATION
Firms In operation, end of quarter (seasonally adjusted)
thous
U.S. BALANCE OF INTERNATIONAL
PAYMENTS*
Quarterly Data are Seasonally Adjusted
U S payments, recorded
__m1I. $.
4
7f>
*40.75 •2 10 7fi-
1 9ft
4, 058
4 4. 713
* 4, 755
4, 740
4. 750
4. 700
4. 770
-1. 7x0
4, 790
4, 800
4.815
4. 825
4, 835
31. 778
33, 254
7, 073
7, 535
7,917
8, 653
8, no
8,310
8. 214
8,478
8, 453
9, 713
1 4 30
3 J4 gr(
4, 850
31,174
3
a a*
8.388
Imports:
^Merchandise
Military expenditures
Other services
do
do
do
14, 723
3, 048
5 4^4
1 4, 497
2.934
5 430
10, 145
3, 028
r, 701
3, 380)
773
1 318
3,404
704
1 338
3. 820
080
1 305
3.881
717
3, 942
754
1 4 f) S
4. 030
748
4.127
732
4. 040
794
4.002
748
1 507
4, 170
725
1 540
4,404
707
1 570
072
Govt Brants and capital outflows
do
3, 405
705
4, 056
730
4,281
187
985
171
850
173
1, 029
174
1.180
191
1, 075
182
1, 078
176
1.045
187
1.083
212
1.058
209
1,342
193
977
do
do
_do
do
3, 892
1, 094
4,150
1, 598
1,011
1, 541
3,273
1, 557
1, 209
507
1,024
458
94
472
1. 002
344
219
439
844
399
234
211
1, 280
397
464
419
801
199
357
305
834
506
329
i
711
359
188
104
867
493
335
39
920
501
512
-87
1,727
488
616
623
537
276
289
-28
U 8 private capital (net)
Direct investments
Lonp-terrn portfolio
Short-term
850
1,348
do
27, 970
30, 313
32, 093
7, 428
7. 956
7,2^7
7, 082
7, 088
7.901
8.327
8,177
7. 710
8,332
8. 466
do
do
19, 459
7, 515
19, 913
8, 398
20, 479
9,311
5, 050
2, 038
4, 755
2,088
4, 987
2,120
5, 121
2,152
5, 022
2, 184
5, 262
2, 348
5, 270
2.280
4,925
2, 499
4,998
2,449
5, 481
2, 410
5. 539
2. 452
Repayments on U S Govt. loans
do
Foreign capital other than liquid funds (net) do
636
306
1,274
728
1,283
1,020
128
212
851
262
99
41
190
213
155
327
237
54
001
170
290
403
176
87
190
251
420
55
-3, 198 -1,465 -1,101
-905 -1,025
— 083
-245
-227
421
-390
-670
15
-971
-303
-558
-27
-415
-37
113
-409
-301
-492
-743
-122
-1,381
142
78
-334
-472
31
-3. 881 -2.370 -2, 186
Total, net receipts or payments (— ).
do
Net receipts or payments (— ), inch transactions in
noi marketable, medium-term convertible Govt.
securities
.. - . .. .. _ . . . - . .mil. $..••Revised.
* Preliminary.
1
Estimates for Oct.-Dec. 1963 based on anticipated capital expenditures of business.
2
Estimates for Jan.-Mar. 1964 based on anticipated capital expenditures of business.
Anticipated expenditures for the year 1963 are as follows (in bil. $): All industries, 39.05;
manufacturing, total, 15.62; durable goods industries, 7.77; nondurable goods industries,
7.85; ruining,
1.04; railroads, 1.08; transportation, 1.91; public utilities, 5.64; commercial and
3
o t h e r (incl. communications), 13.75.
Includes communications.
— 655
-1.274
-585
-452
-356
-793
-805
-1.239
-256
-515
-1,087
TJ 8 receipts recorded
Exports:
Merchandise
Services and military sales
Excess of recorded receipts or payments (— ) __do
Unrecorded transactions (net)
do
-81
* Unadjusted. Data represent firms in operation as of Jan. 1; estimate for Jan. 1, 1963
(based on incomplete data) is 4,797,000.
§Personal saving is excess of disposable income over personal consumption expenditures
shown as a component of gross national product on p. 8-1.
JMore complete details are given in the quarterly reviews in the Mar.f June, S'epi.,
and Dec. issues of the SURVEY.
SURVEY OF CURRENT BUSINESS
January 1904
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1901
19 62
j 1962
Monthly
average
Nov.
S-3
19 J3
Dec.
Jan. ! F,l,
Mar.
Apr.
May
June
July
1
Aug. [ Sept.
Oct.
Nov.
Dec."
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
_.
1 442. 1
449. 9
452. 1
ttfO.4
454. 0
452. 9
454. 8
457 .4
4(10.1
462. 6
464.2
465. 1
467. 3
471. 2
' 472. 6
475. 2
278.8
297. 1
301 . 5
302. 9
302. 8
304. 7
306.1
308.7
311.2
312. 9
314. 1
314.4
316. 2
318. 7
- 319. 2
320. 3
110. S
87.5
72 q
1 18. 5
94. 2
76.6
119.9
95. 0
119.6
94.9
78.4
119.5
94.7
77. 9
120.1
95. 5
78.6
120.9
96.3
78.7
122.5
97.2
79.2
123.8
98.4
79.7
124. 7
99.0
79.8
125.1
99.2
80. 1
124.7
98.7
80. 2
125.5
99.6
80.7
126. 3
100.2
80.9
* 126. 2
100. 2
r
81 . 0
126.9
100.9
81.0
do
-do
do
43.4
51 8
11 4
46.4
55. 6
1? 1
47.3
56. 9
r? 3
47.7
57. 3
12 4
47.8
57. 6
12.3
48.3
57.8
12. 5
48.5
58. 0
12.5
48.7
58.3
12.5
49.1
58 .6
12.6
49.4
58.9
12.6
49 8
59.2
12.7
50. 0
59. 5
12.7
50, 2
59.8
12, 7
50.4
61.0
12.8
50.6
61.3
12.8
50. 8
61.6
12.8
do
...do
35.3
12.8
36. 5
13.3
37. 0
13.4
37.0
13. 5
37. 1
13.6
37. 2
13.5
37.2
13.3
37.3
12.8
37.4
12.6
37.6
12.4
37.7
12.7
37.9
12.7
37.9
12. 7
38.
12.
88. 2
' 12.6
38. 3
12.5
12 1
15. 3
27.7
33.6
19 ()
12 0
1 6. 9
31.1
36. 0
I') o
17. 7
31.3
35. 7
12.0
17.0
31.5
39. 1
12. 0
17.2
31.7
35. 7
12.0
17.2
31.8
36. 2
12.0
17.3
31.9
36.4
12.0
17.3
32.1
36 .6
12.0
18.2
32.3
36. 4
12. 1
17. 5
32. 6
36. 5
12 1
17.6
32.8
36.7
12.1
17.8
33. 0
36. 8
12.
18.
33.
37.3
12.2
18.5
33. 5
37.6
12.2
19.8
33. 8
37.5
bil. $-_ 1417.4
Wage and salary disbursements, total
do
Commodity-producing industries, total.do
Manufacturing only
do
Distributive industries
do _
Service industries
Government
_
Other labor income.
Proprietors' income:
Business and professional
Farm
-
Hental income of persons
_
do
Dividends
do
Personal interest income
do
Transfer payments
- - do
Less personal contributions for social insurance
bil.$__
16.6
30.0
34.8
2
11.4
11.5
11.5
11.6
11.7
11.8
11. s
11.9
11.9
12. 0
12. 0
12.1
435. 9
434. 9
437. 0
440 .0
443 . 1
445. 8
447. 0
448.0
450. 3
454. 1
r 455. 7
458. 5
3.691
3, 508
2. 489
2. 440
2.316
2. 373
2. 307
2.838
3. 043
3. 636
5. 303
4, 223
3,882
2, 086
1 . 796
386
1.085
315
3,614
2, 006
1 . 608
404
900
284
3. 425
1.709
1.716
402
1,022
261
2. 398
959
1 . 439
372
794
24(1
2, 333
754
1 . 579
416
845
274
2 257
670
1 . 587
406
886
258
2,342
691
1,651
438
914
261
2.291
815
1 . 476
417
788
248
2. 781
1.197
1 . 584
398
909
262
2. 928
1.279
1.1:49
387
956
289
3, 466
1 , 785
1, 681
384
086
293
4, 517
2, 545
1.972
395
1.234
330
4, 100
2, 390
1,710
385
988
326
123
124
122
159
194
132
148
187
118
141
159
126
98
89
106
96
70
116
93
62
116
96
64
121
94
76
108
114
112
116
120
119
121
142
166
123
185
145
168
223
125
135
128
140
136
130
142
176
209
152
162
197
136
162
186
143
1 09
90
123
108
65
HO
104
53
142
112
59
152
109
72
136
130
119
1 39
13S
127
145
i 51
170
147
205
247
174
188
230
157
109. 8
118.3
120. 6
117.2
117.9
120. 5
122.5
123.1
125. 1
127. 9
120.5
1 23. ,N
liis.3
- 129.9
•" 127.0
124.7
109. 7
107. 0
112. 9
10° 6
1" 8
118.7
117.9
119.8
105.0
131.3
121.4
121.0
121.9
106. 3
117.5
119.4
115.1
103.3
117.8
118. J
117.2
102. 6
120. 7
120 . 7
120.6
104.9
1 23 .3
123.2
123.4
104.5
124.0
124.4
123.7
106 .9
126. 1
126.9
125. 1
108.9
128.8
129.8
127.6
111.3
120.5
121.0
119.8
105.3
128. 4
118. 1
130.0
112.2
128. 7
126.«
131.4
111.4
'
•
-
131.1
129.3
133.2
111.3
' 128.1
1 25. 1
127.1
1 22. 5
107. 3
.do
do
do
do
-do
111.3
112 7
112.0
112. 9
108. 3
119.7
119.7
125.9
117.7
119.6
122. 1
122. 1
135. 2
117.9
122. 0
119. 5
117.7
131.7
113.2
123.3
120. 0
1 19. 0
128. 0
116.1
122.1
122.4
122. 4
133. 8
118. 7
122. 6
123. 7
1 23. 9
135.2
120.3
123. 1
122.1
122.1
135.1
1 18 .0
122.1
123.0
123.1
135.4
119 2
122. 8
127. 1
128.1
142.0
123.7
124.8
1.21.7
121.3
124.3
120. 4
122. (i
123.*
1 24. 3
105.7
130. 2
'22. 6
r
127.9
130.0 ' 131.8
131. 7 ' 134.1 ' 128.7
147.8
148.6
135. 4
130.5 ' 129.5 ' 122.6
126.3 ' 126. 9 r .126. 1
_do
do
do
108. 4
104. 8
112. 1
117.0
114. 1
120.0
1 19. 2
115.5
123. 0
115.2
112. 3
118.3
115.9
112.3
119. 7
118.7
114.6
122. 9
121 .5
118.5
124.5
124 .0
122.0
120.0
126. 9
126.5
127.3
128.6
129. 2
128.0
119.4
118.7
120. 1
123.9
118.7
1 29. 2
do
109, 8
118.3
119. 5
1 19. 1
1 1 9. 2
120. 2
121. 3
122.5
124.5
125. 8
126.5
do
109. 7
118.7
119. 9
119. 7
119.8
120. 6
121. 9
123.1
125.2
126. 4
12H.S
125.9
do
do
do
do
do
do
107. 0
98. 9
96 5
107. 5
106. 5
105. 2
117.9
104.6
100 0
119.1
1 1.7. 1
113.2
1 1 9. 2
100. 7
05 3
121.2
117.9
112.8
118.9
99.7
95 8
120. 6
117.2
112.5
119.0
99.6
9 6. 0
121.7
118.4
113.5
1 20 . 0
105.2
102.2
1 21 . 0
118.5
113.9
121.5
1 1 1 .9
111 .5
123.7
1 1 9. 3
115.4
122.8
120. 1
121.8
121 .0
120.2
116.8
125.6
127. 4
129.3
124 2
123.3
120. 9
127. 4
125. 8
126.1
125. 5
125. 1
123.0
Machinery
Nonelectrical machinery
Electrical machinery.
do
do
do
110.4
100. 5
115.7
123.5
119. 7
128.5
125. 9
123.0
129.7
125. 5
121.5
130. 8
125.2
1 22.2
129.5
126.4
123. 1
130. 8
1 26. 2
122.7
130.8
125.9
121.7
131.4
128.4
124. 5
133.5
Transportation equipment
Motor vehicles and parts
Aircraft and other equipment
do
do
do
103. 6
111.9
95. 7
118.3
134. 1
103. 9
121.5
137. 3
107.2
121.7
137.7
107. 0
122.4
137. 9
107. 9
122.3
139. 1
106.8
122. 1
140. 2
105. 6
123.7
141.8
107.2
Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture arid fixtures
_ .
Miscellaneous manufactures
do
do
do
do
do
115.8
106. 3
101.3
115 3
112. 8
123. 0
111.1
100. 1
120 8
122. 2
1 25. 0
112.9
106. 1
129 3
121.7
125.4
113.1
108. 7
128 6
120. 5
125.7
113. 9
105. 7
129 2
1 20. 7
127. 0
110. 7
108.2
126.6
1 20. 6
127. 2
114.6
115.7
128.3
121. 3
Nondurable 111:1 uufactures
do
119.8
112. 9
11.20. 9
120.8
120.7
Textile mill products
do
115.2
106. 9
112.7
112.7
113.4
Anparel products
do
118.9
122. 2
1 12. 1
122.3
122.5
Leather and products
do
102.3
100, 2
99.4
100. 7
96. 4
Paper and products
do
113. 7 ; 119.7
119.8
119.6
120. 3
r
c
.Revised.
*> Preliminary.
Corrected,
2
i The total and components are annual totals,
Italic zed tot a for Jan 1963 exc hides
stepped-up rate of, and special Government life ins ur since d ividend paymen ts to vetc rans;
total disbursements of $298 million multiplied bv 12 (to put (in annucilrateba sis) amoi mted
121. 4
112. 6
I 23. 2
98. 7
123.3
122.5
114.3
122.5
98.8
123.9
Total nona°ricultural Income
do
9.5
10.2
10.3
10.3
400. 3
424. 5
432. 0
434. 1
3. 031
3,. 138
4. 063
2,907
1.291
1.616
409
916
265
2. 993
1.328
1.665
404
968
269
119
120
119
?
FARM INCOME AND MARKETINGS
Cash receipts from farming, including Government
payments, 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 egcrs
__ _
_ __do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1947-49= 100..
Crops
do
Livestock and products..
do__ _
Indexes of volume of farm marketings, unadjusted:
All commodities—.
1947-49=100..
Crops.
do
Livestock and products
. do
c
• )OT
INDUSTRIAL PRODUCTION
Federal Reserve Index of Quantity Output
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.-
_ do
do
do
do .
do
_
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
* 128.4
r
127. 7
r
108.8
1 25. 6
124.8
141
119
128. 2
12H.8
124.0
129. 6
128. 2
' 125.3
131.
f
r
126. 3
123. 1
M29.6
124.1
121
127
12,'. 7
*• I2r,.5
' 1 26. 7
1 27. 2
126. 1
127. 1
r
127.3
127.0
122.8
117. 1
123. 5
125.6
124.2
125.0
126.3
125. 3
109. 4 T 107.7 ' 108.4
102.6
100.0 ' 100.0
1 26. 4 r 129. 4 r 130. 6
126. 4 ' 125.6 r 126. 8
124. 5
123. 7 ' 122.8
r
126.5
109.1
103.0
132.6
126.2
129.4
126.0
133. 9
129. (i
127.0
133. 0
130. 5
128.0
133. 9
131.3 r 132. 2
131.4
129. 4
133. 7 «• 133.3
r
r
132. 8
131.9
134. 0
133
131
135
124. 5
143.1
107. 5
130.4
153.8
109. 4
129.3
150.9
1 09. 6
126. h
1 43. 7
111.1
128. 7 ' 130.8 'r• 130.5
146 5 ' 150. 3 151.8
112.1 r 113.0 ' 111. 1
130
151
111
126 .6
115.5
108.0
129 .3
122.3
130. 2
115.9
108. 9
132. 8
125. 7
131.6
117.9
106. 9
133. 2
125. 4
132.6
119. 7
104.1
135.8
128. 1
132. 1
118. 1
110.4
135. 8
12S. -i
132. 5
133. 0
118.5 ' 120. 4
110.3 r 108. 1
13t> 3 ' 135.0
127.4 '126.2
133
123
123. 4
115.9
122.9
95.4
122.8
124. 8
116.3
122 6
97.5
123. 4
T
T
r
r
121.6
- 131.8
' 120. 9
110.6
' 136. 6
r 127.1
127.1
111
105
"126 ""
1 22
137""
127
125. 2
126. 4
127. 2
128. 2 ' 128.3
127. 1
128.7
116.7
117.6
119. 1
120. 0 ' 120.9
122. 3
124.9
1 26. 9
126.2
126. 5 '127.9
129. 7
r
99. 2
101.3
98.9
106.6
103.9
125.8
127.8
1 27. 8
126. 7 r 128.6
128.1
10 $3.6 billion. Figures for tran sfer pay ments arid total nonagrie ultural iiicome, reflecting
simila 1 exclusk>n are as follows: Transfer pay men ts—$35.5 billion; oonagric ultural income—
$432.3 billion.
9 Incl udes dat i not she wn sepai"ately.
SURVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through 1902
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
Jiinmirv 1904
19€2
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
Aug.
July
Sept.
Oct.
Nov.
Dec.p
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__ _
i
111.5
106. 0
123.3
129.6
108.7
114. 6
108. 5
136. 1
147.5
112.9
114.8
109 7
138. 7
151.2
113.0
112.3
100 5
138 7
1 50. 6
114 2
110.2
94 0
140 0
152.6
114 3
110.5
93 9
141 4
153. 1
114 3
109.7
90 8
143 6
155 2
115 5
116.5
109 7
146 1
160 7
115 8
118.4
111 4
147 8
161.9
116 9
118.6
119 5
148 5
162. 2
118 2
118.4
111 6
151 3
165 2
119 5
118.5
IV 8
151 7
165. 3
117 6
do_
do
- -do _
do_ __
do
111.9
110. 3
110. 6
107. 9
110. 8
130.6
113.5
113.8
111.5
112.0
134.5
114. 2
114 7
111.5
114 7
136.8
114. 8
115 1
113. 1
111 4
131 4
115.2
115 0
116. 1
113 0
132 8
115.0
115 2
114 2
1 14 6
140 3
11 5. 7
116 0
113. 9
114 2
138 8
114 8
115 2
112 7
112 7
140. 7
116.2
110 4
115.2
118 1
137 0
116.3
116 4
115 6
114 4
136
116
116
116
117
5
8
8
7
9
143 1
117 5
117 5
117.7
116 8
--_do_do
do - .
do
do _
102.6
90.1
103. 1
103.0
111.9
109. 4
105. 0
95.3
105. 5
105. 1
112.6
109.7
105 7
96. 6
107 4
107.5
99 1
112. 5
103. 2
95. 6
104 2
103.8
104. 1
105. 8
103
95
102
101
110
111
104
96
105
104
114
106
7
1
3
8
3
2
105 4
93 9
105 9
104. 9
115 7
110 2
107
101)
107
107
114
113
4
8
2
3
5
4
108 5
104. 5
108 3
109. 5
116 4
110. 1
109 4
107 1
108 9
110 1
112 8
113 2
111
107
111
113
110
113
3
1
9
0
3
5
111 3
108 0
111 8
112 7
II 9 8
110 7
' 110 3 ' 109 5 '
104. 1
106 2
' 110 6 ' 109 7 r
110 6 ' 109. 6
113 4 ' 109 7
111 9 T 115.5
122.8
123. 2
121.5
131.3
133.1
125. 9
133. 4
136 2
124 6
133.8
136 1
126 8
135. 9
138 0
130 0
138. 2
140 3
131 4
136 4
138 1
130 6
135.7
136 8
132 9
139. 1
140 9
133 7
141 3
143 5
135 2
145 3
148 3
144.6
147 3
142 8 ' 143.3
145 4
144 7
do
do__ _
do
111.3
112.7
112.0
119.7
119.7
125.9
121.3
120. 5
128. 0
121.7
121.2
129. 3
122 3
121.8
130 0
122 6
130 7
122 4
123. 1
131 0
122 1
122.5
131 3
123 5
124. 1
133 1
125 2
125 9
136 9
125 9
126 4
134 6
' 1°8 0
126 2
I 65
196. 7 ' 126 7 ' 127. 8 ' 128 2
133 2
137 7
134 7
139 6
Automotive products
__do
\utos
__
- - - do_
Auto parts and allied products_-_do- _.
111.8
108.6
116. 0
131.1
135. 9
124.9
135.2
141.1
127.5
136. 9
142.0
130. 1
136 5
141.3
130.2
137 7
142. 0
132. 1
136 3
141.8
129.1
137 6
141.9
132.0
137 1
144.3
127.7
145 3
159.9
126. 1
141 1
153 1
125 3
134 8
139.6
128. 5
138 0
144.2
129. 8
112.2
do
do. . 109.9
112.8
do
122.2
118.2
123.9
122.9
119.0
125. 8
123. 9
120.0
125. 4
125 8
117 3
130.0
125.9
119. 8
126. 0
127 3
123.2
127.4
126. 9
123.6
127.0
130 3
128. 0
130.7
131 0
129. 1
132. 8
130 1
126 0
133. 8
132 0
130.2
133. 6
131.3
132 3
130.4 ' 126. 6
131. 6 ' 133. 2
Apparel and staples
_do__ _
Apparel, incl. knit goods and shoes-do. ..
Consumer staples
- do
Processed foods
do
112.9
109. 0
114.0
110. 5
117. 7
114.5
118.7
113.7
118.7
116. 1
119.5
114.3
119.1
116.4
119.8
114.4
119.2
115.7
120 2
113. 8
120. 4
116.6
121. 4
114. 5
120.5
116.2
121.8
115. 2
119.8
115.3
121.0
114.9
121.3
115. 5
122.9
115.9
122 4
117.4
123 8
116. 1
193 8
118 7
1°5 9
116 3
124.6
119.2
126.1
117.9
Beverages and tobacco
do
Drugs, soap, and toiletries
_ do
Newspapers, magazines, books___do
Consumer fuel and lighting
- do
109. 5
120.7
114. 9
119.2
111.7
129.9
1 16. 7
126.1
112.6
131.6
116.4
126. 9
112.5
132.9
115.8
127. 9
115 1
134. 2
113.9
129 7
114 3
135. 2
115. 0
183. 4
114 0
137. 7
115.3
131. 4
112 7
137.1
118.3
128.7
116 2
138 7
119.3
132 0
115 2
139 7
119.3
136 1
117 i
143 s
119.1
138 °
117 4
144.0
12(J. 2
138. 4
\Y> 9
144 8
118.2
137. 6
Equipment including defense 9
do
Business equipment
__do
Industrial equipment
do
Commercial equipment
do
Freight and passenger equipment _ _ d o
Farm equipment
do
108. 3
110. i
107. 4
127.0
103.4
93.4
119.6
122. 1
117.2
143. 1
117.2
107. 7
123.1
125.9
120. 5
144. 4
124. 5
118.4
122.4
125. 1
119.9
144.2
125. 4
119. 1
122 0
125 0
118.8
145 3
126.2
118 8
121 5
125. 0
119.3
144 5
126. 9
193 2
120 7
124 9
119.2
143 8
126.3
1i 9 7
120 4
124. 3
119.2
343.3
126 .0
115.2
]99 1
125 9
120 9
143 4
124. 8
112 2
123 8
127 8
I'M 8
12Q 0
123 6
149 4
135. 3
116 6
195 3
130 1
124. 9
141 5
134.6
118 8
196 9 ' 1 7 6 ' 1 7 6
9
r
139 ()
131 0 ' 13 0
9
195 6 ' I n. 6 12? 4
r 141 9
141 6
139 6
140. G
138.4
140. 7
i99 0 ' 130 7
131 9
do
_ do
do. ._
do
do
108.4
104.8
107.9
105.7
105. 2
117.0
114.1
127. 5
118.9
110.4
117.8
114.1
129. 3
120.4
111.3
116.9
1 13. 2
129. 7
120. 3
108. 6
116. 8
113 3
129 3
121 4
108. 6
1 1 8. 0
114 4
130. 9
121 2
1 09. 2
120. 2
1 18 0
134.0
1 22 2
1 1 2. 4
122.9
121.2
135 .4
123.1
115.1
125 7
194 5
139 4
190 7
125. 1
121 9
136. 6
126 3
119.2
do
do_
do
do
112. 1
110. 5
111.3
110.0
120. 0
116. 5
117.1
116.3
122.4
118. 5
120.6
117.5
121. 1
117.4
118.0
117. 1
120 5
116 0
1 18 5
121
116
11^
115
8
7
3
4
117 8
121 5
115 9
124 7
119.0
116 1
120 4
]°6 9
I9! 6
190 3
122 9
121 8
1°8
119
1J9
1 19
107.1
111.7
Business fuel and power 9 _
-do
102. 0
104. 9
Mineral fuels
do
129. 9
Nonresideritial utilities
-do. - 121. 1
BUSINESS SALES AND INVENTORIES §
Mfg. and trade sales (seas, adj.), total!!
mil. $_. 1 59. 756 1 64, 107
113.9
107. 2
132.6
112.0
104. 2
132. 9
111 7
113 9
105 6
135 9
113 3
105 1
134. 7
115 6
108 0
135 .9
I1" 9
110 5
138 3
118 8
1115
138 7
191 9
114 0
141 9
Rubber and plastics products
Foods and beverages __
Food manufactures
Beverages
__
Tobacco products
Coal
.
Crude oil and natural gas
Crude oil
-M^tal mininsr
Stono and earth minerals
__
-
Utilities
Electric
Gas
-do
do
do
By market groupings:
Final products total
Consumer goods
__
Automotive and home goods
Home goods °
Appliances, TV, and radios
Furniture and rugs __
Materials
. _ ..
Durable £roods materials 9
Consumer durable
Equipment
Construction
Nondurable materials 9
Business supplies
Containers
General business supplies
0
1
6
6
1
9
1147
102 9
134 3
199 0
1/0 !
116. 7
14? 2
128. 1
122 0
126 6
125 8
145 9
128 0
118.0
197 3
121 6
10]
1
142 7
126 4
119.4
3
8
9
g
117.9
118.5
118.6
113 9
113 7 '111 9
152 6 ' 153. 6 154 6
' 166 8 r 168.5
119.0
116 2
117 0
142
116
117
110
116
142.0
5
5 ' 118.5
5 ' 118.8
117.0
9
114 1
8
119
118.2
118 3
r
108 2
102. 1
108 9
109. 4
106 9.
113 1
107 1
103
107
107
144 5
145 5
9
128 6
128 8
140
140 8 r 149 1
149
156. 8 ' 160 6 160
134. 0
133.6
133 0
133. 9
124 1 ' 124. 7 ' 124 6 125
' 119.7 r'121.8
121.9
125. 4
125. 5 ' 125 4 126
118. 1
117. 9 ' 118.1
116 0
' 144.0
' 117.6
1 36. 9
9
125 0
' v>2 1
137 8
]9g 4
119.0
143 9
117.3
9
125. 6 ' 195 6
122 6 r 19') 3
' 133. 0 138 4
T
128 3
I' 7 5 9
' 119.4
119.0
r>8 4
9
' 198 0 r 1°8 6
1 1 7 ' 1*1 2 ' 191 6
119 1 ' 118 2 r 199 7
199 7
' Y>\ 0
I'H) ()
191 5
198 5
133
1°6 1
199
130
193 8
120 4
119 1 ' 119 0 119 4
113 8 ' ll'> 1 T H I 0 '110 8
140.4
141 4
139 4
65, 171
64, 653
65, 212
66. 036
66,213
66. 326
66,511
67, 090
68. 066
67, 072
67, 048 '67,921
67, 441
Manufacturing, totalt
Durable goods industries
Nondurable eoods industries
do
do
do
30, 884
15, 532
15, 352
33, 308
17, 184
16, 124
33, 673
17. 162
16, 511
32. 945
16, 832
16.113
33, 542
17, 301
16. 241
34.114
17,636
16. 478
34, 244
17, 622
16. 622
34, 578
17. 892
16. 886
34, 836
18.112
16. 724
34, 942
18. 242
16. 700
35,641
18. 746
16, 895
34, 736
18, 160
16. 576
34, 672 '35,214
17, 937 '18,590
16,735 '16 624
35, 162
18, 348
16 814
Retail trade, total!
Durable goods stores
Nondurable goods stores
Merchant wholesalers, totalt c?
Durable goods establishments
Nondurable goods establishments^
do
do
do
do
do
do
18, 234
5, 608
12, 626
10. 638
4,742
5, 895
19,613
6, 245
13, 367
11,187
5, 021
6, 165
20, 112
6, 437
13, 675
11, 386
5, 052
6, 334
20. 253
6,488
13. 765
11,455
5.071
6. 384
20. 387
6, 624
13, 763
11,283
5,148
6.135
20. 374
6. 624
13. 750
11.548
5,203
6, 345
20. 350
6, 576
13,774
11.619
5, 179
6,440
20, 276
6. 646
13, 630
11,472
5, 199
6,273
20. 200
6, 512
13, 688
11,475
5, 168
6, 308
20, 486
6.630
13, 856
11,662
5, 292
6,371
20, 719
6,773
13. 946
11, 706
5, 252
6, 455
20, 666
6. 562
14, 104
11,670
5,231
6, 439
20.426
6,606
13, 820
11, 950
5, 405
6, 546
94. 456
99, 272
98, 774
99. 272
99 378
99 588
99 765
99 963 100 295 100 610 100 974 101 017 101 356 '101 897 10° 519
55, 087
32, 646
22, 441
57, 753
34, 326
23, 427
57, 608
34, 237
23, 371
57, 753
34, 326
23, 427
57 883
34, 390
23. 493
58 021
34, 496
23, 525
58 126
34. 593
23, 533
58 309
34. 787
23. 522
58 507
34,962
23, 545
58 706
35, 156
23, 550
58 884
35, 346
23, 538
58 917
35, 507
23, 410
59 087 '59 329
35, 536 '35,581
23, 551 '23 741
27, 938 27, 729 27, 938 28, 002
11, 728 11.695 11, 728 11.676
16.210 16, 034 16,210 16, 326
13, 581 13, 437 13, 581 13. 493
8,136
8,137
8 136 8 134
5,445
5.300
5. 445
5. 359
'Revised.
* Preliminary.
i Total and components are based on unadjusted data.
2 Figures for farm-product raw materials are as follows (mil. $): Oct., 1,028; Nov., 1,014.
9 Includes data for items not shown separately.
§ The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarrn.
Unadjusted
data for manufacturing are shown on p. S-5; those for retail trade on p. S-ll.
28, 025
28, 066
11, 724
16, 342
13, 573
8 089
5. 484
28. 061 28, 062
11,622 11,584
16. 439 16, 478
13. 593 13. 726
8 012 8 227
5. 582
5. 499
28, 124
11,614
16. 510
13. 780
8 299
28, 259
28, 147
11,605
16, 542
14, 122
8 404
5! 482
5! 596
28, 148
11,604
16. 544
13, 952
8 317
5. 635
119
109
Mfg. and trade inventories, book value, end of year
or month (seas, adj.), totalt
mil. $
Manufacturing, totalt
Durable goods industries
Nondurable goods industries
Retail trade, totalt
_
Durable goods stores
Nondurable goods stores
Merchant wholesalers, totalt cf—
Durable goods establishments
Nondurable goods establishmentscf
_
do
__do
do
.do
do
do
do
do
do
26, 238
11.019
15,219
13. 131
7, 958
5,173
11. 735
16, 290
13. 542
8 122
5. 420
11,673
16, 586
13,831
8 234
5! 718
'20 716 9Q 6"
' 6,, 941 6,786
13 836
'211,991 211,657
' 5, 350 2 5,275
' 2 6 642
6 389
59 7°7
35, 660
24 067
'98 373 98 540
'11 664 11 874
'16 709 16 666
'14 202 14, 245
' 8 461 8 455
r 5 740
n 7QO
!See note marked "t" on p. S-4 of the Nov. 1963 Survey.
tRevised series. For a
detailed description of the changes affecting these series and data for earlier periods, see
pp. 16-19 of the Dec. 1963 SURVEY.
cf Excludes merchant wholesalers of farm-product
raw materials.
SURVEY OF CURRENT BUSINESS
10(54
1961
Unless otherwise stated, statistics through 1%2
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1%2
Monthly
average
S-5
1963
1962
Nov. 1 Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
1
| Sept.
Oct.
Nov.
Dec,
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
In ven tory-sa les0 ratios :
Alanufacturin " and trade total! §
ratio
1 55
1 51
1 52
1 54
1 5'7
1 51
1 51
1 51
1 51
1 50
1 48
1 51
1 51
1 50
1 59
do
-- do
do
do
do
1.74
2,05
1.70
1. 96
1 71
1.99
1 70
1 . 96
60
80
55
1 68
1 . 93
1.68
1.93
1 . <tf
I 89
59
30
54
*3
SO
o5
.61
81
56
' 1 . 68
••1.9]
.59
79
r
54
1 70
1.94
59
81
54
1. 70
1.96
. 60
1.70
1.98
60
80
55
58
82
58
1 73
1. 99
61
82
56
1. 69
1.94
62
1 75
2.04
63
84
57
1 70
1. 96
62
80
54
do
do
do
- do
1 43
1 42
1 42
1 41
1 39
1 41
1.41
" 1.43
59
9
0
6°
59
9
0
62
58
20
62
58
?0
63
58
58
20
1 43
•>(}
62
1 43
60
20
62
1 41
60
1 45
61
21
63
1 41
60
20
62
1 45
61
21
6'<
1 42
59
20
62
59
20
58
•'1
64
1.43
2. 00
1 18
1.21
1 65
1.38
1.82
1 18
1.18
1 60
1.37
1 76
1 19
1.20
1 58
.87
1.38
1 77
1 18
1.17
1 56
.85
1.38
1 75
1 21
1. 1-8
1 54
1. 39
1 78
] <?(
] . 20
1 59
1.37
1 75
1 10
1. 18
1 57
1.36
1 72
J 19
1. ]8
.84
1.38
1.81
1 18
1. 19
1 60
.85
1.38
.86
1.38
1 82
1 17
1. 18
1 61
.84
87
.86
.87
676
683
501
709
7°8
699
693
687
599
605
30, 884
33, 308
34, 168
31, 603
31.223
34. 718
35, 060
35, 436
35, 002
36. 527
32, 744
33. 761
15, 532
(
17,184
961
2 S35
17, 456
064
9 716
1 398
1 858
16, 489
745
2 495
1 268
1 676
15, 930
794
9 665
1 413
1 636
17.832
799
9 qig
1 547
1 759
18. 173
«"0
3 069
1 681
1 761
18. 703
975
3 197
1 797
1 905
18, 683
1 0'-'9
3 338
1 915
1 944
19, 599
1 069
3 34°
1 905
9' 019
17, 014
999
Machinery, except electrical
-._ do_
2 142
2, 366
2 299
2 153
2 268
9 106
Flectrical machinery
do
2 060
2 329
2 409
'> 301
Transportation equipment
do
3 828
4 453
4 80(1
4 72'>
4 471
Motor vehicles and parts
do
2 231
2 806
3 198
3 078
3 051
Instruments and related products
do
510
557
611
581
510
15,352 16, 124 16, 712 15, 114 15, 293
Nondurable good s industries, total 9
do
Food and kindred products
__ do
5 389
5 397
5 790
5 577
5 403
Tobacco products _ _
do ..
375
377
387
362
344
1 263
Textile mill products
do
1 167
1 330
1 182
1 158
Paper and allied products
do
1.238
1, 314
1,335
1.234
1.270
2, 405
Chemicals and allied products
do
2, 193
2, 449
2, 340
Petroleum and coal products
do
1 404
1 483 1 416
1, 433
1 424
Rubber and plastics products
do
646
710
7'>1
668
687
Shipments (seas, adj.), tota-lf
do
33, 673 32. 945 33, 542
By industry group:
Durable goods industries, total 9 _
_ _ _ do
17 IG1' 16 83° 17 301
Stone, clay, and glass products
do
981
934
890
Primary metals
do
2, 705
2, 753
2.753
Blast furnaces, steel mills
._ _ -do _ _
1.414
1 426
1,438
Fabricated metal products
- - do
1 887
1 764
1 842
Machinery, except electrical
do
2. 371
2, 369
2, 361
Electrical machinery.
do
2, 282
2, 270
2,311
Transportation equipment.
do__
4,467
4, 465
4 607
Motor vehicles and parts
do-_
2, 849
3, 025
2,887
Instrumonts and related products ... do _
566
574
573
16, 511 16,113 16, 241
Nondurable goods industries, total 9
do
Food and kindred products
do
5, 767
5, 653
5, 670
Tobacco products
do
377
371
1,276
Textile mill products - - _ _ _ _ _ _ _ _ do. _
1.281
1,289
Paper and allied products
do
1 342
1 339
1 334
2. 456
Chemicals and allied products
do
2, 475
2.446
Petroleum and coal products
do
1,468
1,385
1,374
Rubber and plastics products
do
741
712
728
By market category:
2
3. 083 2 3, 296
Home goods and apparel
do
3,373
3, 309
3, 240
2
6, 782 2 7. 002
Consumer staples
do
7,186
7. 108
7,048
2
3, 816 2 4, 167
Equipment and defense prod., excl. auto.do
4,121
4, 055
4, 112
2
2, 546 2 3, 140
Automotive equipment
do
3,213
3, 245
3. 397
2
Construction materials and supplies
do
2. 640 2 2, 770
2, 555
2, 692
2, 773
2
Other materials and supplies
do
12. 01 7 2 12, 932 13, 007 12, 745 12,981
Supplementary market categories:
2
2
Consumer durables
do_ _ 2 1.242 2 1, 336
1,369
1, 359
1, 333
1,830
2, 091
Defense products
do
2,021
2, 008
2,020
2
2
Machinery and equipment
do
2, 818
3, 095
3. 084
3, 071
3, 043
Inventories, end of year or month :f
3
54, 776 3 57, 419 57 292 57 419 57 970
Book value (unadiusted), total
_ _ „ _ do
32. 231 33. 891 33, 896 33, 891 34, 292
Durable goods industries, total
do
22, 545 23, 528 23. 396 23, 528 23, 678
Nondurable goods industries, total
do
5
55, 087 3 57,753 57. 608 57, 753 57, 883
Book value (seasonally adjusted), total
do
By industry group:
32. 646 34, 326 34, 237 34. 326 34, 390
Durable goods industries, total 9
do
Stone, clay, and glass products
do
1,468
1,492
1,502
1. 492
1. 501
5. 977
Primary metals
__
do
5, 873
5 880
5 850
5 873
3, 691
Blast furnaces, steel mills
do
3, 506
3, 528
3,540
3, 528
3, 845
Fabricated metal products
do
3, 861
3, 833
3, 861
3, 846
Machinery, except electrical
do
5. 959
6, 486
6, 463
6,531
6,486
4 gqf)
4 929
4,477
Electrical machinery
do
4 900
4 900
6, 312
Transportation equipment
do
6, 799
6,775
6,771
6,799
2.169
2, 413
Motor vehicles and parts
do
2.396
2,413
2.398
1,252 1 1,365
Instruments and related products. .do
1, 373
1. 373
1,365
r
2
3
Revised.
i Advance estimate.
Based on data not seasonally adjusted.
Total
and components a re end-of-year data. | See note marked "f" on p. S-4 of Nov. 1963 SURVEY.
§ See note marked "f" on p. S-4.
cf See corresponding note on p. S-4.
*Ncw series. See similar note on p. S-5 of Nov. 1963 SURVEY.
f Revised series. Effective with the Dec. 1963 SURVEY, data reflect the following major changes: Introduction of the
Annual Survey of Manufactures as the new benchmark, revision of sample design, refinement
2 504
2 4'>3
4 931
3 254
587
16, 886
5 815
'359
1 383
1,372
9 686
9 605
9 3x0
4 94 °>
Manufacturing, total§
Durable goods industries
Purchased materials
G ood s in process
Finished foods
Nondurable goods industries
Purchased materials
Goods in process
Finished goods
.64
Retail trade, total! §
do
Durable goods stores
do-- Nondurable goods stores
_. do
Merchant wholesalers, total §d"
do
Durable goods establishments
_ _ do
Nondurable goods establishmentsc?
do
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sale s :*
Durable goods industries (unadj.), total mil, $
Shipments (not seas, adj.), totalf
Durable goods industries, total 9
Stone clay, and glass products
Primary metals
73 last furnaces, steel mills
Fabricated metal products
do
do
do
do
do
do
!
01 »
1 448
1 739
1 5°v>
1 S50
«-7
56
2, 539
1 492
tjO
81
55
78
19
. 17
1 59
.85
2
2
4
3
631
407
971
301
.m
2 3'>8
5 093
3 401
571
16. 887
5 748
361
1 391
1, 369
2. 627
1 419
16, 733
5 655
' 365
1 379
1,' 356
2, 768
1 419
756
793
814
34. 114
34. 244
34, 578
17 62 4>
914
2. 803
2,887
1 488 1 565
1 854
1 818
2. 404
2, 445
2,361
2, 363
4 699
4 713
3 122
3,117
579
570
16, 478 16, 622
5, 695
5, 763
374
380
1.335
1,374
1 336
1 333
2, 534
2,' 573
1, 454
1.439
757
773
17 892
3, 30S
7, 145
4, 114
3, 497
2, 824
13, 226
3,324
7, 195
4, 094
3, 527
2,721
13, 383
1, 379
2.007
3, 115
17 636
947
941
3, 015
1 679
1 861
2,487
2. 365
4 727
3 143
576
16, 686
5,749
379
1,389
1 336
2, 603
1. 453
788
3 '"'Of!
566
16,319
5 6 r >6
9
9
f.
3
62
16. 928
5 Q61
401
1 4"V>
1.388
2, 632
1 47«
805
34, 942
18 11° 18 249
948
948
3,148
3, 191
1 838 1 807
1 866
1 886
2, 497
2, 475
2, 461
2, 430
' 63 '• .63
1.38
1.76
] 20
1.18
j 55
'1.37
1 17
1.20
1 59
r 1.58
1 20
1. 22
1 60
.88
.87
.86
.91
682
* 756
703
36, 028 '•36,821
35. 525
16. 880
1 035
9' -^
1 543 1 454
) ' 785 1 990
2 301
°'l79
4 679
3 060
594
419
1.36
9 707
749
5g5
165
405
6i d
1 318
1,345
2,695
1 429
756
34, 836
58
20
64
9()
0
39°
2 364
3 648
1 841
' 1. 21
1.18
'? 595
9 559
2' 791
' 2, 544
' 2 522
r
5, 268
r
3 544
T
610
' 17, 641
'6 184
'383
r
1 501
r
1. 427
r 2. 674
r i 442
r
856
625
10. 881
5 707
17, 750
6 241
34, 736
34. 672 '35,214
18 746
18 100
17 937
914
938
)0'?
3,159
1 815
1 9°5
2, 530
2, 531
5 056
3 ''84
409
385
1 427
1.366
2. 526
1 475
1 515
1,453
2,736
1 456
2, 857
1,479
1 874
2. 5(55
2, 433
4. 979
2. 997
1
18, 278 ••19.180 18, 531
051
1 042 r i 089
9 871
9 788
2 928
1 4''1 ' 1 484 1 467
1 868
1*Q8() - 2, 054
15. 730
5 637
390
1 ^01
1,254
2, 396
1 435
71°
35, 641
736
1. 38
' 1.68
569
l
59
80
55
799
r
!8 590
r 986
' 2, 904
l' 392 T 1 469
1 855 r i 943
2, 610 ' 2, 615
2, 370 ' 2. 385
4 897 r 5 153
3 155 T 3 36l>
2
'?
5
3
17. 800
498
508
236
503
613
17,004
6 031
389
1 480
1^347
2. 534
1 433
749
35,162
18 348
1 jg 9QO
969
2,912
1 511
1 900
2. 613
2, 392
4 082
3' 4>>1>5
3 093
4 814
3 182
582
600
588
16. 724
5, 731
401
1,372
1 347
2, 579
1,486
748
16, 700
5, 816
375
1,379
1 3l>8
2, 515
1,482
752
16. 895
5, 820
374
1, 405
1 379
2,611
1, 462
793
16, 576
5, 835
393
1,364
1 393
2, 529
1,477
737
16, 735 • r16. 624
5. 916
5, 870
3, 329
7,157
4,209
3, 583
2,722
13, 578
3, 436
7, 146
4, 168
3, 520
2,748
13, 818
3, 478
7, 168
4, 167
3, 620
2,771
13, 738
3, 407
7, 258
4,381
3, 738
2,844
14, 013
3, 287
7, 278
4,351
3. 406
2,793
13, 621
3, 201
7,337
4,314
3, 573
2,762
13, 485
1, 362
1,962
3,130
1,360
2,021
3, 160
1,385
2, 029
3, 184
1,414
2,034
3, 215
1,417
2, 179
3, 292
1,416
2,353
3,252
1.372
2, 133
3, 272
58 366
34, 696
23, 670
58 432
34, 899
23, 533
58 565
35, 107
23, 458
58 939
35, 441
23. 498
58 997
35, 483
23, 514
58 568
35. 187
23. 381
58 681
35, 301
23. 380
35. 370 '35.301
23, 467 ' 23, 726
58, 021
58, 126
58, 309
58. 507
58, 706
58, 884
58, 917
59. 087
34. 496
1,501
5 848
3,499
3, 826
34, 593
1,508
5 846
3, 498
3,841
34, 787
1, 495
5 854
3. 492
3, 855
34. 962
1. 502
5 857
3.489
3,876
35. 156
1, 506
5 873
3,494
3, 879
35. 507
1, 535
5 8°8
3, 455
3,933
6, 559
4 907
6, 849
2, 417
1,375
6, 562
4 917
6,940
2, 463
1,382
6,578
4 966
7,013
2, 515
1,388
6, 602
4 970
7,102
2,560
1,396
6,627
4 970
7,237
2, 595
1,405
35, 346
1.491
5 831
3, 459
3, 927
6, 712
4 Q68
7,370
2,636
1,416
35. 536 ' 35, 581 35, 660
1,551 '1,517
1,539
5 849 r 5 ^61
5 896
3, 496 ' 3, 500 3, 535
3,889 ' 3, 913
3. 929
6,763 ' 6, 800
6,796
4 QO7 r Pi nA."i.
7.378 ' 7, 256 7, 212
2,667 ' 2, 669 2, 595
1,446 ' 1, 454
1,453
4
68°
6, 759
5
AAQ
7, 311
2,731
1,434
r 5$9
577
596
i
16. 814
6, 008
r 3g4
373
1,401 '1,363
1.433
i 354.
1 395 r ] 373
2. 578 r 2, 576
2, 604
1,451 ' 1, 428 1, 418
772
'794
765
r
3, 207
' 7, 288
' 4. 376
3. 797
' 2, 933
r
13, 613
r
r
3, 192
7,431
4, 310
3.614
2,877
13, 738
1, 368
2, 167
" 3, 293
1.367
2,154
3, 299
r ^q O'^t)
59 398
35, 320
24. 078
r
r
59, 322
59, 727
of industry reporting, expansion of industry groups published, and revision of seasonal factorsIn addition, data by market groupings are presented for the first time. Data for shipments
and new orders not seasonally adjusted are adjusted for trading day variation. Revisions
back to 1947 and a detailed description of the current revision appear in the Census Bureau
publication, "Manufacturers' Shipments, Inventories, and Orders: 1947-63 Revised."
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961 | 1962
19 62
1
E riH nf
year
.Tamiiiry T.II14
Nov.
19
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
OCT.
Sept.
Xov.
Dee.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALESJNVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month— Continued!
Book value (seasonally adjusted) — Continued
By industry group— Continued
Durable goods industries — Continued
By stage of fabrication:
Materials and supplies 9
mil. $
Primary rnetals
do
Machinery (elec and none lee ) 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
Nondurable goods industries, total 9 _ _ _ d o
Food and kindred products.- __ do_
Tobacco products
do
Textile mill products
do
Paper and allied products
do
Chemicals and allied products
do
Petroleum and coal products _ _ _ d o _ _ _
Rubber and plastics products
do
By stage of fabrication:
Materials and supplies
do
Work in process...
_ do _
Finished goods
do
By market category:
Home goods and apparel
do
Consumer staples
do
Fillip, and defense prod., rxcl. auto
do __
Automotive equipment
do
Construction materials and supplies
do
Other materials and supplies _
_ do
Supplementary market categories:
Consumer durables
_ . _ _ .do
Defense products
do
Machinery and equipment
do
New orders, net (not seas, adj.), totalf
do
Durable goods industries total
do
Nondurable goods industries, total
do
New orders, net (seas, adj.), total!
By industry group:
Durable goods industries, total 9
Primary rnetals
Blast furnaces, steel mills
Fabricated metal products
Alachinerv except electric;) 1
Electrical machinery
Transportation equipment
Aircraft and p°irts
do
10, 934 10,571
2.372
2,333
2,724
2,968
1,782
1,684
13,225 14,129
1,864 1,816
4,544
5,034
4, 142
3.820
9,088 9,593
1,736 1.721
3, 154 3, 381
824
743
22, 441 23, 427
5, 881 6,080
2, 401 2, 391
2.608
2,433
1,633 1 688
3,438
3,600
1,753 1,809
1,059
1,138
10, 603 10, 571 10, 555 10, 521
2, 321 9 303
2,333
2,
2,377
2,982
2,968
959
2,978
1,782
1,784
1,739
1.826
14,126 14,129 14,173 14,156
1,816
1,809
1,801
1,818
5,034
5,107
5,036
5, 157
4,142
4.192
4, 086
4,050
9,593
9, 558
9, 650
9,687
1,721
1,724
1 724
1,713
3, 381
3. 349
3. 398 3 , 430
824
821
829
816
23,371 23, 427 23, 493 23, 525
6, 080 6,049 6. 020
6, 059
2. 402 2.391
2,419
2. 451
9
. 608 2.624 9 620
2,647
1 688 1 686 1 689
1 691
3,600
3, 630 3, 625
3, 577
1,809
1,789
1,808
1,797
1 , 127 1, 150
1,115 1,138
10.558 10, 646 10, 679 10, 766 10,810 10, 981
2,279
2,212
2, 198
2, 203
2,247
2, 220
2, 955
2 999
3, 083
3,089
2 978
3 028
1,922
1,867
1,902
1,943
1,873
1,990
14,213 14, 349 14, 602 14, 629 14, 740 14, 591
1, 834
1,863
1,873
1,877
1,808
1,818
5,169
5,199
5, 232
5, 223
5,137
5, 206
4, 422
4, 154
4,391
4,414
4.106
4, 566
9,752
9,852
9,949
9, 758
£',847
9,805
1 742
1 791 1 716
1 734
1 749
1 779
3, 492
3. 444
3,466
3. 510
3, 512
3,575
869
833
859
823
839
847
23. 533 23.522 23. 545 23, 550 23, 538 23, 410
6.029
5, 987
5, 952
5, 961
5.917
6, 000
2. 428
2. 437
2,404
2. 389
2. 341
2, 362
9
, 647 2. 667
2 689
2. 697
2 661
2, 6i:'0
9
1 698
1 701
1 711
1 798
1 697
1 75
3,621
3, 648
3,667
3. 694
3. 718
3,630
1,819
1,813
1,834
1,852
1,816
1,835
1. 169
1,145
1,167
1, 164
1. 126
1, 173
9, 511
3, 120
9, 707
9, 770
3, 304
10, 246
9, 877
3,291
10,901
9,770
3,304
10. 246
9. 858
3,383
10.211
9. 886
3. 373
10. 250
9 , 837
3,380
10,284
8,805
3.389
10. 300
9, 726
3, 389
10, 320
i*, 679
3,328
10,452
9,718
3, 354
10, 559
9, 694
3, 364
10. 648
5, 471
9 242
11)', 896
2, 736
5, 052
21, 690
5, 955
9, 515
11,828
3,001
5, 042
22, 412
5 950
9, 493
11,843
2,982
5, 034
22, 306
5 955
9, 515
11,828
3, 001
5, 042
22, 412
5 997
9, 492
11.865
2, 996
5, 070
22, 403
5 994
9, 538
11,950
3, 030
5, 043
22, 466
0 006
9, 550
11,941
3.083
5,058
22, 488
6 047
9, 524
11,961
3,133
5, 042
22, 602
6 084
9, 501
11,976
3,178
5, 073
22, 695
6 083
9, 470
12, 042
3, 221
5, 072
22,818
6 005
9, 525
12, 149
3, 248
5, 076
22, 881
6 040
9, 438
12, 172
3,331
5, 140
22 790
2, 722
2, 520
4, 940
5, 343
8, 098
7, 543
1
31, 061 133,167
15 664 17 085
15,397 16, 082
3
31,061 333, 167
2, 698
5, 355
8, 066
33, 494
16 854
16,640
33, 165
2, 722
2, 724
5, 343
5, 352
8, 098
8,173
32,213 32,715
17 °89 17 338
14, 924 15.377
33, 355 34, 742
2, 716
5. 437
8, 192
2. 726
5, 445
8, 195
2 769
5, 493
8.211
2, 792
5, 519
8,213
2,804
5, 552
8, 245
2, 855
5, 490
8, 365
36,369 36,019
19 497 19 189
16,872 16. 837
35, 364 35, 752
35,289
18 845
16,444
35, 438
35,833
2. 797
5, 647
8,317
32. 829
18 867
16,966
34, 425
17 089
15,740
19, 037
3. 805
2, 410
1.921
9
581
2, 421
4. 779
1 175
18, 736
3. 153
1,829
1,893
2 618
2, 435
5, 163
1 698
16, 715
4 309
12.406
16, 702
4 9(50
12, 442
17,682
2,650
1, 277
1,950
9 594
2,437
4, 698
1 151
16, 743
4 301
12,442
17,085
2,718
1 , 400
1,848
'> 364
2, 285
4, 484
1 34°
16.082
4 194
11,957
16, 732 17,330
9
, 732 2,570
1,322
1,438
1,722
1,836
9
333 2 314
2,315 2, 349
4,199
5, 039
986
1 746
16,433 16.025
4 174
4 081
12,259 11,944
35. 559
18 686
16! 873
34, 636
18.466 18. 998 18,776
2, 763
3.057
3,357
1.454
1.724
1,980
1,831
1,888
1 , 903
9
. 489 9 519
'' 505
2. 309
2. 426
2. 387
5, 289
4, 901
5, 313
1 995 1 388 1 670
16,276 1G. 408 16, 588
4 937
4 943
4 198
12, 033 12. 210 12.351
'•10 917 '10 878 10 881
2. 232 ' 2, 251 2,251
'3 001 T 2 954
3 000
' 2. 012 r r 1,989
1,971
"•14, 579 14, 639 14. 623
r
'
1 859 r 1 845 1. 882
r
5, 172
5. 225
5, 288
' 4, 468 ' 4, 386 4,361
T
10, 040 '10,064
r i 765 r 1 765
' 3. 587 r 3. 601
r
T
881
898
23,551 '•23.741
5,979 r 6, 057
2. 339 r2.317
9
668 r 9 S()0
1 743 r \ 757
3, 722 ' 3. 734
1,830 r 1.788
1 , 155 '1,159
10, 156
1 763
3, 640
880
24. 067
6. 070
2.343
2 840
1 779
3. 769
1. 798
1. 159
r
r
9, 660 ' 9. 844 9. 794
' 3. 347 ' 3. 344 3. 456
10. 544 r 10. 553 10.817
6 149 T Q 179
6 368
9, 447 ' 9, 502 9. 572
12,249 r I9. 189 12. 226
3, 192
3, 268 - 3. 258
5, 099 ' 5. 135 9 5 186
3. 183
22. 875 r 23. 059
r 2. 923
r
5. 490
r
8. 395
2.941
5. 492
8. 450
33, 779
36,217 '30. 660
35. 383
16 946
16.833
18 509 '18 94°
17,715 '•17.718
18 191
17,192
35, 207
34. 930
34,991
'35.354
35.144
18,275
2, 605
1.26 9
1,875
9
608
2.414
5. 946
1 678
16. 932
4 560
12,' 372
18,060
2. 486
1, 198
1,950
18.244
2,712
1.371
1.808
9
608
2. 263
5. 430
1 754
16. 747
4 4U5
12. 252
' 18, 692 18. 146
2. 987
' 3. 013
' 1, 590 1. 530
2, 805
5, 571
8. 343
Nondurable goods industries, total
do
Industries without unfilled orders*!
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:
do
15,664
2, 759
1,568
1 , 768
2,177
2.052
3,765
1 200
15, 397
3 976
11,421
do
do
do
do
do
do
3,107
6 78s?
3, 767
2, 577
2, 666
12, 162
3, 273
7 000
4, 155
3, 162
2, 767
12, 809
3, 315
7 183
3. 869
3. 159
2, 689
12. 950
3, 216
7 060
4, 653
3.332
2, 502
12, 592
4, 929
3,421
2 f,72
13, 226
3,303
7 142
4,257
3, 587
2, 895
13, 452
3, 335
7 182
4.712
3, 661
2, 667
13, 807
3,490
7 149
4,310
3, 587
2. 783
14, 433
3, 456
7 145
4. 509
3, 481
2 795
14. 052
3, 502
7 174
4,204
3,487
2,828
13, 230
3,438
7 963
4, 304
3, 646
2, 919
13, 637
4, 592
3,484
2, 917
13. 079
1,258
1,828
Defense products
do
2, 854
Machinery and equipment
do
Unfilled orders, end of year or month (unadjusted),
totalf
mil. $.. 47,868
1 325
2,081
3, 090
1,342
1, 699
3, 157
1,337
2, 532
3, 066
1,409
9
, 888
3, 254
1.369
2, 094
3, 206
1. 378
2, 424
3,217
1,492
1,971
3, 351
1,435
2,397
3, 416
1,434
1, 899
3,292
1,410
2, 397
3, 334
1, 426
2, 357
3, 307
46, 242
45, 577
46, 242
47, 789
48, 574
49, 876
50, 190
50, 524
49. 836
49,916
49, 945
50, 131 ' 49, 902 49, 688
Durable goods industries^total
do
Nondur goods indust with unfilled orders© do
44, 818
3, 050
43, 666
2,576
42,811
2,766
43, 666
2, 576
45,126
2. 663
45, 923
2, 651
47, 241
2, 635
47, 452
2, 738
47.655
2, 869
46,929
°, 907
47,004
2, 912
47, 086
2, 859
47. 306 r 46. 999 46. 664
2. 825 ' 2. 903 3. 024
Unfilled orders, end of year or month (seasonally
adjusted), total t
mil. $
By industry group:
Durable goods industries, total 9
do
Primary metals
do
Bla.st furnaces steel mills
do
Fabricated metal products
do
Machinery, except electrical
do
Electrical machinery
do
Transportation equipment
do_
Aircraft and parts
do
48, 343
46, 784
45, 972
46,784
47,809
48, 424
49, 353
50, 246
50, 565
50, 052
49, 542
49, 552
49, 982 ' 50. 140
50, 127
45,173
5. 129
3, 501
4,055
6, 254
7, 184
17,702
13,321
43,180
3, 860
2, 126
3,980
6, 254
6,900
17, 148
12, 754
2,792
44, 094
3, 761
2,057
3,944
6,304
6,964
18, 062
13, 570
2, 690
45, 057
3, 768
2,084
3, 972
6,394
6. 953
18.757
14. 199
45, 736
4, 090
2.366
4, 025
6, 441
6,979
18,942
14,397
46, 681
4, 383
2, 624
4. 083
6. 518
7. 000
19. 461
14.836
47, 530
5.126
3, 329
4, 139
6. 560
7.040
19.448
14,778
47. 864
5, 099
3, 318
4.137
6, 651
7, 052
19, 693
14.979
47, 285
4, 737
2. 960
4, 904
6, 628
7. 053
19.507
14.913
46. 745
4, 220
2. 417
4,180
6.711
6, 991
] 9, 430
14,880
48. 695
3, 862
2, 150
4,191
6, 764
7,122
19. 481
14,819
47, 070 '47.169
3, 822 ' 3. 859
2, 102 ' 9. 172
4. 124 ' 4. 104
6, 780 ' 6. 884
7, 062 T 7. 058
19, 998 ' 20. 060
15, 199 T 15. 189
47, 057
3. 934
2. 195
4, 093
6.873
7. 091
19. 890
14. 988
3,170
44, 094
3. 761
2,057
3, 944
6, 304
6,964
18,062
13, 570
2,690
2, 752
2, 688
2,672
2, 716
2,701
2,767
2,797
2,857
2 018
24, 513
4,892
16, 920
1 736
24, 713
4, 868
15, 467
1 754
23, 783
4, 893
15, 542
1 736
24, 713
4, 868
15. 467
1 802
25, 540
4, 833
15, 634
1 835
25, 764
4, 899
15, 926
1 864
26, 397
4,893
16, 199
1 903
26, 401
4, 906
17, 036
1, 926
26, 503
4, 916
17, 220
1 924
26, 248
4, 942
16, 938
1,955
26, 075
5, 027
16, 485
1, 987
20. 484
5.133
15. 948
1.989 '1.977
1 930
26. 664 <• 26. 483 26, 500
5, 116 ' 5. Ill 5. 055
16, 213 '16.569 16. 642
1,189
1,194
1,221
1,350
1, 194
18, 268 18, 148 17,379 18, 148 18, 930
9,735
9, 843
9,963
9,828
9.828
2
3
' Revised.
* Monthly average.
Advance estimate.
Monthly averages for
total and components (incl. market categories) are based on new orders not seasonally adjusted.
fSee corresponding note on p. S-5.
9 Includes data for items not shown separately.
©Includes textile mill products, leather and products, paper and allied products,
1,230
19,119
10, 008
1,262
1,249
19, 530 19, 441
10, 153 1 10,304
1,312
19, 597
10, 488
1.318
19, 419
10, 482
1,325
19, 347
10, 549
1,315
19, 399
10, 650
1, 254 '1,313
19, 746 '19. 625
10. 754 '10, 931
- 17 40n
lo
lo
lo
lo
lo
lo
do
do
Nondur. goods indust. with'unfilled orders© .do
By market category:
Home °'oods apparel consumer staples
Equip, and defense prod., incl. auto
Construction materials and supplies
Other materials and supplies
Supplementary market categories:
Consumer durables
Defense products
Machinerv and eauiprnent
do
do
do
do
do_
do
_do
3, 376
7 us
2. 568
5, 005
1 484
16,870
4 490
12.380
3. 581
r
1, 910
' 2. 669
' 2. 410
' 5. 094
T i 279
- 17, 700
l.SSO
578
2,481
4.718
1 911
9
'r 16, 732 16.998
4 598
4 718
' 12. 204 12. 280
3.137
3,177 '3,199
7 494
7 334 ' 7 998
4. 304
4, 424 ' 4, 069
3,553 ' 3. 806 3.588
2,712 ' 2 938 2. 812
13, 791 '14.044 13. 879
1,312
2, 466
3,415
2, 912
1. 393
'1.379
' 1.922
1.985
' 3. 441 3. 200
'2.971
-1 46, 200
2
46, 700
3.070
1.350
19.431
10, 888
and printing and publishing industries; unfilled orders for other nondurable goods industries
are zero.
tFor 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
I'.HU
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
! 1962
Monthly
average
S-7
«HJ2
Nov.
19 53
Doc.
Feb.
Jan.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Dee.
Nov.
GENERAL BUSINESS INDICATORS-Continued
BUSINESS INCORPORATIONS^
New incorporations (50 States):
Unac1 "'U'-ted
Seasonally adjusted
15, 128
15,171
12,926
14, 892
13, 925
14, 767
17, 348
14. 457
14 012
15.398
16, 259
15,604
16,294
15, 257
16 812
1 5, 756
15 016
15, 512
15, 893
15, 355
15 197
16 201
13 753
15, 575
16, 741
16. 510
12, 904
15, 641
1.423
1, 315
1,216
1,101
1,258
1,304
1, 296
1,287
1,303
1,211
1, 155
1 135
1 051
1,262
1,115
123
229
235
691
144
112
225
215
629
134
109
193
200
590
124
100
219
181
497
104
113
183
244
582
136
112
228
199
629
136
126
221
225
595
129
116
212
189
620
150
111
217
241
595
139
120
158
206
591
136
101
180
173
590
111
108
210
187
522
108
113
189
167
467
115
133
207
217
578
127
129
198
186
479
123
-. - .--thous. $__ 90, 844 101, 133
98, 841
81,275 160, 963
94,715 100, 502 100, 755 118,274
86, 151 120, 509
65 233
85 918
91.834 262, 112
16, 184
16, 095
34,069
24 107
8,386
8,785
18, 744
20,671
22 744
10,331
7, 738
31,113
56. 054
29 559
36, 506
7, 198
22, 530
26 971
9
6 098
11.918
6, 957
19, 017
34 907
26 148
13.473
4 960
14, 434
32 286
28 847
20! 228
14 502
19,828
33 496
39 ?91
11,157
9 559
11,925
30 552
9
0 697
13, 418
7 614
31, 350
45 955
26 463
9,127
5 304
I9 394
18 748
19 341
9,446
6 579
21 529
98 149
15 644
14, 024
4 171
10 758
12 981 20, 325
32 777 197 942
23 603 26 839
ll!?15 12. 842
59. 4
56.0
55. 2
60.7
54.4
54.2
56.4
57.8
57.1
54 5
59 4
number
do
INDUSTRIAL AND COMMERCIAL
FAILURES <?
Failures total
number -
Commercial service
Construction
Manufacturing and mining
Retail trade
Who'e^ale trade
do
do
do
do
-- do
Liabilities (current) total
Commercial service
Construction
IVTaiiu factnrin^ and mining
Ret°il trade
Wholesale trade
do
do
do
do
do
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns-
6, 694
16, 084
27,107
27, 754
13,205
< 64. 4
7,831
20, 295
33, 333
29, 143
10, 531
1
60. 8
59 6
55.1
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
1910-14= 100. _
Crops
Cirpinercial vegetables
Cotton
Fe^ii grains and hav
Food Tains
240
243
244
243
245
242
240
242
240
241
245
242
241
241
241
do
do
do
__do__ .
do
Prices received, all farm products
227
219
261
151
?09
230
238
261
153
9
31
230
276
254
157
°31
231
952
9
51
161
9
34
238
9
244
243
278
161
9
39
°46
242
975
162
933
244
977
169
215
239
234
939
189
9
76
171
9
13
234
201
278
162
223
9
215
268
147
230
2° 4
944
244
270
153
226
224
41
9
55
974
158
994
247
257
157
526
220
248
156
530
224
244
147
510
199
247
147
505
216
9
51
150
488
227
9
58
155
501
268
958
308
254
140
501
327
9
58
156
500
317
258
153
500
9
60
9
53
1P3
498
275
264
140
496
9
151
501
9
57
259
308
152
255
251
256
9
94
157
264
249
249
9
81
155
274
240
240
288
144
279
9
35
234
286
134
9
72
9
247
268
286
146
258
24°
271
279
150
269
_
Fruit
do
Oil-bearing crops
Potatoes (incl dry edible beans)
Tobacco
- _ -_
do
do
do
Livestock and products
Dairy products
Meat animals
Poultry and eggs
Wool
do
do
do
do
do
-
9">1
255
260
299
260
259
253
310
268
311
263
309
145
251
146
232
Prices paid:
Family living items
do ___
Production items
do
All commodities and services, interest, taxes, and
wage rates (parity index)
1910-14 = 100-.
276
291
266
302
153
049
151
252
37
70
161
9
34
9
266
269
168
205
204
271
168
206
278
256
182
499
270
255
207
494
239
949
249
232
294
239
309
249
303
141
264
9
49
260
93
148
9
58
133
272
9
137
271
94
71
144
483
9
281
296
271
98^
284
298
274
983
297
274
983
297
273
299
273
283
298
973
900
9
97
73
9
282
297
979
9^9
273
83
298
279
984.
296
273
284
297
274
9
270
306
308
309
311
311
310
311
311
311
312
311
311
311
311
//
T
79
78
//
280
294
83
997
80
9
Q8
9
71
237
9
41
41
64
164
"6
9
9
309
9
6i
144
48^
934
26S
59
144
9
66
9
9^9
9
97
71
9
310
/G
CONSUMER PRICES
(U.S. Department of Labor Indexes')
AH items
Special group indexes:
All items less food
Ml Items less shelter
AH commodities
Nondurable^
Durables.
Services
1957-59 = 100-
_.
_.
AppareL.
Food $
Dairy products
Fruits and vegetables
Meats, poultry, and
2
._.
_
fish
Housin£r9
Gas and electricity
House furnishings
"Rent
Medical care
Personal care
Reading and recreation
Transportation
Private
Public
Other goods and services
* Revised.
1
Based on unadjusted data,
from Dan & Bradstreet, Inc.
104.2
105. 4
106. 0
105. 8
106. 0
106. 1
106. 2
106.2
106.2
106.6
107.1
107.1
107.1
107. 2
do
do
104. 8
104 °
106 1
105 4
106 7
106 0
106 7
105 8
106 5
105 9
106 6
106 1
106 8
106 1
107 0
106 1
107 0
106 1
107 3
106 6
107 5
107 1
107 6
108 1
107 °
108 &
107 '>
107 8
107 1
do
do
do
do
102.
102
100.
107.
4
8
5
6
103. 2
103 6
101.5
109.5
103.9
104 2
102. 2
110. 0
103.6
104.0
101.7
110. 1
103
104
100
110
6
3
4
5
103
104
100
110
8
5
6
5
103
104
100
110
7
4
8
8
103 6
104 9
100 9
111 1
103 9
6
104
101 0
111 1
104 1
104 8
101 3
111 3
104 7
105 5
104
105
101
111
7
5
4
7
104
105
101
111
6
3
5
9
104 7
105 9
102 2
II 9 1
104 8
102 8
10° 6
104.8
104 2
99.3
103 2
103 6
104. 1
105 0
101. 7
104 3
104 1
104. 2
102 1
103. 5
103. 9
103 5
103 9
100 2
102. 5
103
104
103
106
102
0
7
8
4
5
103 3
105 0
103 6
109 4
102 1
103
104
103
109
100
6
6
5
0
7
103 8
104 3
102 9
II 9 0
98 3
103
104
102
113
98
7
2
8
9
0
103
105
102
115
98
9
0
8
6
4
103 9
106 2
103 3
118 7
100 2
104 0
9
104 9
114
101 4
104
105
104
108
101
8
4
3
1
5
105
104
104
106
100
do
.. __do
do
do
103. 9
107.9
99.5
104 4
104. 8
107. 9
98.9
105.7
105 1
108.1
98.7
106 9
105 2
108.1
98.6
106 2
105 4
108. 2
97 9
106 3
105 4
108.0
98 3
106 4
105
108
98
106
7
0
6
4
105
107
98
106
105
107
98
106
7
4
4
6
105
108
98
106
9
1
5
7
106
108
98
106
106 0
107 9
98 3
106 8
106
108
98
107
2
0
6
0
lf>6 3
do
do
do
111 3
104.6
107 9
114.2
106.5
109 6
115 0
107.1
110 1
115 3
107. 6
110 0
115 5
107. 4
110 2
115 6
107.3
110 0
115 8
107. 3
110 1
116 1
107. 6
111 0
116 4
107.8
110 7
116 8
107.8
110 9
117 1
108.0
1 19 1
117 °
108. 2
112 3
117 4
108. 4
II 9 7
do
do
do
do
105. 0
104 0
111 7
104. 6
107.2
105 9
115 4
105.3
108.
107
115
105.
108. 0
106 8
115 7
105. 6 1
106. 6
105 3
115 7
105. 7
106.8
10 r> 3
116 3
105. 7
107. 0
10r) 6
110 4
105. 7
107. 0
105 5
116 5
105. 8
107.4
107.4
107.8
108.3
107.9
109. 0
116 5
116 6
106' 0 1 107.6
116 6
108.0
109. 1
107. 8
117 1
108.0
117 1
108.0
108. 2
108.3
do
do
do
do
___ _ _ d o __
3
'>
4
6
2 Index based on 1947-49=100 is 131.8.
71
d Data are
8
5
5
5
1 f\f
A
101 '3
111 5
0
1
5
7
116 9
108 .0
111 5
lOfi n
4
9
6
3
4
108 1
98 7
107 1
107. 4
1 07 d
109 5
II 9 3
i !-' i
104 9
8
108
99 7
106
108
98
1 ay
U
-
6
0
8
9
r
108. 4
no
o
§ Ratio of prices received to prices paid (including interest, taxes, and wage rates).
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962 v
Monthly
average
1962
Nov.
.Tanr.a
1963
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
• NOT, :
Sept. | Or,,
COMMODITY PRICES-Continued
WHOLESALE PRIGEScf
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities
1957-59=100._
9 Foodstuffs
do. ._
13 Raw industrials
...do
—
1
96.9
91.1
101.0
1
93.0
89.8
95.4
93.0
88 4
96 4
92.6
88 2
95 8
93.5
90 7
95 5
93.3
90 8
95 1
92.2
89 2
04 4
93.0
90 9
94 5
95. 1
95 0
95 2
93.5
9° 9
93 q
93.8
93 4
94 2
92.6
90 3
94 9
93.0
91 4
94 1
95. S
05 1
96 3
95.. 7
93 4
100.3
100.6
100 7
100 4
100 5
100 9
99 9
99 7
100 0
100.3
100 6
100 4
7nn %
1 00 "
10f 1 ""
96.1
100. 3
101.4
97.1
100.2
101.7
97 Q
100 1
102 0
% 8
100 1
101 6
96 8
100 2
101 8
95 6
100 1
101 5
94 5
100 0
101 1
9,5. 0
99. 9
100.8
94.2
100. 5
101 1
94 .8
100 .6
101.5
96 1
100 6
101 8
95 7
100 5
101 4
94 g
100 5
101 5
04 g
100 9
101 6
r g-j
101.3
99.6
101.0
100.1
100 7
100 0
100 7
100 2
100 7
99 7
100. 8
99.4
100 .9
99.8
101 1
100 1
101 2
99 5
101 1
99 5
101 4
99 g
191 100 0
97.7
97.7
98.8
96.2
97 3
88.5
101 1
96 2
98 5
104. 0
iQ2 0
94 i
96 5
96. 5
103 0
89 5
100 6
99 2
95 4
99.0
103 7
85 6
100. 6
99. 0
96.0
93.7
95.6
92.5
100 7
100 5
99 3
96. 4
99 5
98 3
9,5 4
99.6
105.1
88 2
94. 4
99.8
102.9
86. 8
94.9
97.1
101 .4
89.3
96 8
97.0
99 5
94 4
96 3
92.5
98 5
93 5
95 5
88. 0
102 9
88 6
89. J
101 8
8S 0
100.7
do
105.1
do
_ _ d o _ __ 107.5
101.7
do
95.4
do
101.2
107.6
106.9
98.0
99.1
101 3
107 7
108 0
96.3
100 1
100 9
107 6
108 1
95.7
qg 4
100 S
107 4
107 8
100. 0
97 9
100 5
108 6
108 0
99.8
95 g
99 o
108 0
107 1
101.3
01 g
99 3
108 1
106 9
102. 9
90 3
101. 7
107. 6
106.8
103.4
91. 9
102.4
107.0
106 .6
104.6
94.1
109 9
106 4
107 3
105.7
96 3
100 9
106 0
107 9
104.8
100 9
10^ 0
108 0
105. 9
3
94
107 7
107 4
10,5.8
9'3 9
Jo. .
100.8
100.8
100.7
100.6
100.6
100.4
100.5
100 .7
100. S
100. 8
100. 7
100.9
97.5
96.3
96.0
76.3
101.9
103.8
100.7
97 Q
95 9
100.7
99.1
98.4
98.3
87.5
104.3
103.6
96 9
96 0
99 6
103 8
96. 4
95. 0
95.2
78.6
102.3
103. 0
96.3
95.0
95.2
80 6
100 .8
103.0
°6 0
94 6
71 7
100 8
103' 8
%
95
95
74
109
103
96 0
94 7
798
96
95
95
72
102
103
%3
95 o
95 i
759
99 °
103 8
96 8
95 9
94 8
81 4
99 g
103 0
81 7
96 9
103 9
96
94
94
SI
97
103
Fuel and related prod., and power 9
do_ _ 100.7
97.7
Coal
do
102.4
Electric power
Jan. 1958=100
Gas fuels
_ _ _ _ d o _ __ 118.7
Petroleum products, refined
1 957-59=1 00 __ 99.3
100. 2
96.8
102.8
119.2
98.2
inn 7
97 7
100 4
9S 3
109 5
190 8
98. 2
100 3
98 4
102 5
127 8
97.1
100 8
98 1
102 4
197 g
98.2
100 3
95 o
122 3
98.6
100 8
98 3
102 7
123* 1
98.6
100 .9
94.9
102.2
120.3
99.9
100 4
95 g
10° 0
191 2
98.7
98 9
96 2
101 9
190 9
96.1
99 0
97 9
101 8
191 7
95. 9
Furniture, other household durables 9
do
Appliances, household _ . _
_ _~do_ _
Furniture household
do
Radio receivers and phonographs
__do
Television receivers
do
99.5
95.2
102.8
91.5
97.2
98.8
94.0
103.8
86.1
94.2
98. 6
93 i
104 1
84 6
94 3
98.4
9'i 0
104 2
84 5
94 3
98.3
99 3
104 5
84 6
93 6
98. 2
92. 3
104 5
84. 6
93 6
08. 2
92 3
104.6
84.2
92 7
98. 1
92 1
104 4
84 9
98.1
91.9
104 .5
83.4
92.5
98.0
91.7
104 5
81. .5
91 9
98.1
91 7
104 6
81.5
91 9
98.1
91 4
104 8
99 7
100. 4
94. 2
102.2
120.1
99. 1
98.0
92.0
104.4
83. 0
92. 7
Hides, skins, and leather products 9
do
Footwear
.
__do
Hides and skins
do
Leather.
_ _ do
Lumber and wood products
do
Lumber
do
106.2
107.4
107.9
106.0
95.9
94.7
107.4
108.7
106.2
108.5
96.5
96.5
107.3
108 4
107 1
106 8
96 3
96 3
106. 9
1 08 5
m j?
106 1
958
95 8
106. 0
108 3
95 9
105 i
95 9
95 9
105. 1
108 3
85 9
104 7
96 1
96 2
105.1
108 3
88 4
103 7
Q
6 5
96 6
104. .5
108 ' "
85 0
102 8
97 o
97 <;
104.8
108. 2
87. 4
103. 2
97.5
98.4
104.5
108 .2
85.8
102.5
98 .3
99.2
104.3
108 4
83 5
102 2
101 6
102 1
103.6
108 4
80 5
100 1
102 6
102 7
102.3
107.4
107.5
100.0
100.8
102.3
109.5
107.8
98.4
100. 8
109.8 '110.0
108. 2
108.3
102 S
110.8
108. 3
97 8
100 8
102 2
110.8
108. 5
Q7 8
100 8
10'? 0
111.0
108.8
96 9
100 7
101 9
110.9
IOS. 8
97 o
100 2
102.0
110.9
109.2
97. 5
99. 8
102 .0
111.0
109.6
97.7
99 .3
102.1
110.9
109.7
97.2
99.8
99. 3
93 3
98 7
97 7
99
92
98
98
5
5
8
0
99.4
92.4
98.6
98. 0
99. 4
92.6
98.4
98.1
99.4
9° 9
98. 5
98 2
99. 9
93.0
99. 3
98.7
100 .0
93.3
99.0
98 .7
100. 0
93.3
99.0
99.0
102. 1
110.9
110.0
97.2
99.5
100. 1
93. 1
99.0
99.4
103. 1
108 4
77 3
99 5
99 9
100 7
102. 2
110.9
110.1
97.2
99.3
100. 3
93. 1
99.1
99.6
100.9
93.1
99.9
99. 9
101 6
103.4
102 8
105 0
99 i
102 2
93. 7
88 0
101 5
103.5
102 5
105 0
101
103.
102
10f-
4
7
5
0
101. 5
103.6
102. 2
105. 0
101.5
103. 6
102 2
105.0
101.5
103. 8
102 2
10,5. 0
101.3
104. 0
1(1.9
105.0
101 .2
104.0
101.9
105.0
100. 9
103.5
101. 2
105. 0
101.0
103.6
101.2
105.8
101. 1
103. 4
101.3
106. 1
101.3
1 03. 4
101.3
106. 1
99. 0
102 2
94. 4
89. 0
99. 0
102. 2
94. 3
89. 0
99. 1
102. 2
94. 2
89. 0
99. 0
102.2
94. 1
89.0
99. 0
102.2
94. 1
S9.0
99.1
102. 2
93.2
89. 1
99.4
102.2
93.1
89.1
99.0
102. 2
93. 0
89.1
99.1
102. 2
93. 7
91.2
99. 1
102. 2
93. 4
91.7
99. 5
102.8
94. 2
1)1.7
99.4
102.3
£:?
99.4
102, 9
93.8
91. 4
100.4
101.3
100. 6
93.7
149.8
100. 7
100.3
101.4
100. 5
93.7
151. 1
100.7
100. 2
101.4
100.2
93. 8
150.9
100.8
100. 1
101.3
100. 1
93. 8
1.50.9
100. 8
100.2
101. 6
99. 7
93. 8
144.4
100.6
100 .3
102 .0
99.7
93.8
148.0
100.8
100. 4
102. 2
99.8
93.7
134. 5
100. 5
100. 4
102. 2
99.7
93.9
136.6
100. 6
100.5
102. 3
99.9
94.0
130. 1
100. 6
1 00. 7
102. 5
100. 2
94. 2
126. 1
100.6
'101.1
102. 3
r
101. 3
04.4
ISO.o
••101.6
101.2
102. 3
101. 5
94. 6
126.3
102. a
411 commodities
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
Farm products 9
do
Fruits and vegetables, fresh and dried — do
Grains
_
__
do
Livestock and live poultry
do
Foods, processed 9 - Cereal and bakery products
Dairy products and ice cream
Fruits and vegetables, canned, frozen
Meats poultry and
fish
_
Commodities other than farm products and foods
1957-59=100—
Chemicals and allied products 9
Chemicals industrial
Drugs and Pharmaceuticals
Fats and oils inedible
Fertilizer materials
Prepared paint
do_ __
do
_ do
do
do
do
1Q9 7
95 9
8
4
2
5
3
7
10" 3
103 7
1Q9 4
194 1
98.2
95 1
95' o
0
^
9
"}
o
9
R] 9
91 9
I
'i
101 °1 01 H
1 01 1
1 : J1
t"
'(I
1
9fi O
r 90, I
y
100 '
8" '")
in 9 9
96
94
94
88
]9 9 *
lf,~ 3
i n - r.
r
106. 4
10'\ S
100, 9
101.2
qp r>
9
9
o
5
Q/
9
9" ('
1
9c s}
101 4
I09 0
95. G
r 1 99 7
98.1
91 9
104 8
8l' 9
i)l g
9S. 1
91 o
104 s
81 ' 8
"1 8
102.3
111.2
110.4
97. 2
99.9
94. 3
85. 1
\t\~-.
!')3 9
103.4
108 4
SO 5
99 5
90 -i
99 3
94. S
101 ^
98. 8
' 103.
7- ifm 0
9
99. 3
98. 3
101. 3
124. 7
9(5. 1
98. 0
102. 9
S9' "
/O. 3
r GO 9
r QQ Q
9(J. 1
102. 5
!11.4
110.9
''7. 5
99.9
I09 6
111. 7
111. 1
97 ^
99 9
101. 0
-92. H
' 99. 0
100. 2
101.3
92.7
100. 0
101. 0
101.3
103. 5
101. 4
106. 1
Machinery and motive prod 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Motor vehicles
do_
do
do
do
do
Metals and metal products 9
Heating equipment
Iron and steel.
Nonferrous metals
-
do
do
do
do
100.7
94.4
100.7
100.4
100.0
93. 2
99.3
99.2
Nomnetallic mineral products 9
Clay products, structural
Concrete products.
_Gypsum products
do- -do
do
do- -
101.8
103. 2
102.5
103.8
101.8
103.5
102.6
105.0
do- .do
do
_ -do-- -
98.8
102.2
96.1
92.4
100.0
102.6
93.3
87.1
do
do
do
do
do
do
99.7
101.0
100.4
93.4
113.2
97.1
100. 6
101.5
101.7
93.9
125. 9
99.1
100. 5
101. 7
100. 7
93.6
130 3
100 1
100.6
101. 7
100.8
93.7
143. 3
100. 2
103.2
100.6
101.4
103.9
100.9
104. 1
101.0
101.4
107.3
100.8
104. 5
101. 5
101 4
109 8
101.2
104.3
101.1
101.4
110.2
101.3
104. 3
101.1
101.4
111.6
101.3
104.3
101. 1
101. 4
111.5
101. 1
104.3
101.1
101.4
110.8
100. 5
104.4
101. 1
101.4
108.0
100. 7
105.2
101. 0
104.2
107. 6
100. 7
105.8
101 .0
105 .6
108.1
100.7
107. 5
101.0
105. 6
110.4
101.0
107. 5
101.0
105. 6
111. 1
101.2
107. 5
101.0
1 05. 6
111.8
101. 1
107.5
100.9
105.6
111.2
101.1
107. 5
100. 9
105. fc
110. Q
101.0
107.5
101. 0
10.5 0
112.2
101. 0
99.7
96.0
99. 4
94. 9
99 3
94.3
99. 6
94.5
99. 5
94.3
99. 8
94.3
100. 1
94. 2
100. 3
94. 2
100. 0
94 2
99.7
93.8
99.4
93.4
99. 6
93.4
99. 7
93. 4
99. 5
93.3
99. 3
2 93. 1
2 99, 7
Pulp, paper and allied products
Paper
Rubber and products
Tires and tubes
Textile products and apparel 9
Apparel
Cotton products
Manmade fiber textile products
Silk products
_
_
Wool products
-
95 i
7
2
i
7
3
8
05 9
95. 0
Q1
97' 3
Tobacco prod, and bottled beverages 9 -—do
Beverages, alcoholic
do
Cigarettes
do_ -Miscellaneous
doToys, sporting goods
do
1O9 9
99 3
09 8
98 4
98 3
I no
n
r
r
101. 2
103. 5
101.4
106. 1
PURCHASING POWER OF THE DOLLAR
As measured by —
Wholesale prices
Consumer prices
--
- -
1957-59=100
- _ _ d o _ _.
r
Revised.
i Figures are for the month of June.
2 indexes based on 1947-49=100
are as follows: Measured by—wholesale prices, 84.0 (Dec.); consumer prices, 75.9 (Nov.).
cfFor actual wholesale prices of individual commodities, see respective commodities.
O Goods to users, including raw foods and fuels.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
January 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1961
Monthly
average
S-9
19G2
Nov.
1963
Dec.
Tan.
Feb.
Mar.
Apr.
May
July
June
Sept.
Aug.
Nov.
Oct.
Dec.
CONSTRUCTION AND REAL ESTATE
1
CONSTRUCTION PUT IN PLACE f
r 4, 621
r
4, 920
5, 219
4, 780
4,188
3.808
4, 148
4, 609
5.172
3,192
r
3. 456
3,681
3, 438
2 984
2 753
2 938
3, 324
3,685
1,807
1,349
(0
r
2,014
- 1, 553
(')
2, 102
1.683
0)
1, 953
1. 568
(')
1, 658
1. 328
(')
1, 484
1. 151
(')
1, 646
1.281
(')
1, 986
1. 458
0)
894
232
390
190
108
361
947
238
419
198
108
364
1,015
248
462
208
107
431
972
247
436
185
103
386
906
244
391
152
99
298
875
239
375
147
97
277
861
2^2
371
152
98
312
848
229
361
145
96
374
r 1,430
1, 463
1. 538
1. 342
1.204
1, 055
1, 210
1.285
431
115
426
106
513
418
418
113
574
433
387
100
495
360
396
99
347
362
362
91
270
332
416
87
335
°72
445
89
340
411
New construction (seasonally adjusted at annnnl
rates) tot'") If
mil ^ 2 55, 455 2 59, 036
59,970
59,271
60 371
59 154
60 114
38. 299
41,478
41,736
41,823
41,726
41,376
41,526
42,436
44,827
45, 608 '45,576
45, 617
21,680
24, 174
24, 185
24. 357
24, 636
24, 273
24, 353
24, 984
25, 919 '•26.532 '26,707
26, 600
10, 734
2.780
4. 674
2,276
1,300
4, 335
11,362
2, 857
5, 023
1, 294
4,371
11,484
2. 905
5, 120
2, 220
1, 284
4,481
11,417
2, 880
5, 107
2. 186
1, 280
4,467
11, 144
2, 794
4, 943
2, 104
1. 278
4,380
11.111
2,771
4 902
2,078
1, 274
4, 434
11, 192
2,774
4, 963
2, 138
1, 269
4. 438
11,181
2, 810
4, 890
2,136
1. 265
4, 737
11.135
2,852
4. 775
2. 033
1,261
4, 805
12. 752
3. 538
5, 367
2. 255
1, 242
r
4, 601
12. 883
3, 577
5, 412
2. 252
1,241
4,617
do
17, 156
17, 558
18,234
17,448
18,645
17,778
18 588
20. 280 '20,352
19. 820
do
do
do.
5 169
1,378
5, 855
5 115
1,269
6, 156
5, 200
1. 240
6.538
5, 078
1, 244
6, 192
5 23^
1, 337
6, 963
5 230
1 405
6. 170
5 394
1 ^55
6, 960
5.311
1. 176
5, 602
5. 358
1. 369
5,611
3, 095
3
108
1 , 04f>
2, 049
3, 442
3
120
1,133
2, 309
i , 09 y
3. 188
123
2,089
3, 198
138
1, 190
2, 009
2, 779
121
932
1, 847
2,917
130
1,092
1,825
1,010
1 , 344
105
1,084
1,503
659
196
1,066
1,361
661
99
921
1.166
787
325
1, 016
1, 250
433
82
1,816
1, 766
3,218
1 , 953
8, 939
476
5, 390
3, 073
9,483
477
6,217
2, 789
14,898
246
12,017
2, 635
113.8
82.4
109. 4
124. 4
83 0
121. 9
111.4
78.8
107 1
122.4
87 7
119 9
New construction (unadjusted), total t
niil.$_
Private total 9
do
Residential (nonfnrm) 9
do
New housing units
do
Additions and alterations _ _ ._
do_ _.
Nonresidential buildings, except farm and
public utilities, total 9
mil. $
Industrial
do
Commercial 9
-do
Stores, restaurants, and garages
do
Farm construction
do
Public utilities
do. _
Public total
_
...do __
NYm residential buildings
Military facilities
Highways
Other types.
do
do
do
do
Private total o
_
do
Residential fn on farm)
__ ._ _
do
Nonresinential buildings, except farm and
publlr- utilities, total 9
_
mil $
Industrial
_. .. _do
Commercial 9
do
Stores, restaurants, and garages.
do
Farm construction
do
Public utilities
do
Public total 9
NonresidcTitinl buildings
Military facilities
Highways
_
r 488
396
r
5, 989 ' 6, 0975, 742
5,292
4,090
r
4, 073 ' 4. Ill 4, 022
3, 759
2, 475
1,919
2,431
1, 943
2,142
1,737
0)
0)
r
2.395 ' 2, 3952, 328
1,932 ' 1. 936 1, 889
r
0)
(
0
0)
1, 125
302
484
211
104
1,096
306
463
191
100
399
3,966
1, 117
283
490
232
113
417
1, 916
1,960
1. 986
510
()
'
742
501
1, 813
1, 829
457
119
471
440
1.118
293
483
220
109
7-461
••525
0)
821
r
489
r44l
' 1, 720 1, 533
'468
()
'
676
433
64,228 --65,888 r 65, 928
r
0)
445
0)
(0
(')
65, 437
11.717
3,136
4, 953
2, 125
1, 254
4, 718
12. 738
3, 395
5, 561
2, 524
1,248
4. 580
19,151
18,802
19,401
5, 660
1,682
6.813
5, 306
1, 909
6, 331
5, 643
(
0
6, 550
118
1 182
2,401
4,402
135
1, 384
3,019
4,125
126
1,319
2, 805
3,707
128
1, 154
2, 552
4,313
146
1,321
2, 992
3,749
144
1,157
2, 592
1 005
1,215
571
127
1 146
1 642
6'>9
167
1, 458
1, 966
812
167
1,154
1,789
662
102
1, 331
2, 028
748
206
1, 082
1, 519
704
444
2, 675
2, 075
3, 250
2, 976
2, 666
3,600
4,484
2, 656
10, 576
216
8, 711
1, 650
11,019
1 023
7, 8) o
2 181
6 351
122
4,923
1 306
8
1
4
2
13,661
973
7, 592
5, 097
9, 399
184
5, 613
3, 603
8,142 13, 033
189
' 254
4. 968 8, 139
2, 920 4, 706
8, 1(54
199
5, 115
2. 850
10, 389
176
8,177
2, 037
122. 5
78 8
120. 9
94.9
56 3
93.9
83.3
47 4
80 6
87.6
5'> 4
86 5
128.1
80 6
194 4
160.3
105. 7
158. 2
169. 5
107.1
166.4
157.3
100. 4
153.4
152.3
98. 2
150. 2
147. 9
95. 8
144. 4
121.4
83 7
119 8
93. 9
68 3
92 9
82.2
61 5
79 4
86.1
65 0
85 0
126. 3
88 9
12'-* 6
157.5
111.2
155. 4
166. 3
116.3
163.2
155.5
150.7
109. 2 I ' 105. 2
151. 6
148. 6
1, 579
1,564
1, 562
1,541
1,344
1 317
1,380
1 353
1,575
1 549
1,618
1, 590
1,618
1,590
1,571
1,554
109
12. 670
3, 461
5,412
2, 392
1.243
r
4, 849
r
r
5, 831 r 5, 799
0)
0)
7,706
7,442
5,830
(
0
0)
CONSTRTJCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodsre
Corp.): A
Valuation, total
mil. $
Index (mo. data seas, adj.)
1 95 7-59=1 00. _
Public ownership _ _
_
mil $
Private ownership
do
By type of building:
Nonreslc'ential
do
Residential
__ _._
do
Public works
do
Utilities
do
Heavy construction:
New advance planning (ENR)§
Concrete pavement awards:^
Total
_
Airports
Roads..
._
Streets and alleys
_.do
thous. sq yds
do
do
do
131
04'-?
872
217
10,216 12,343
521 I
742
6,415 I 7,657
3, 279
3, 944
HOUSING STARTS
New housing units started:
Unadjusted:
Total, incl. farm (public and private)
One-family structures
Privately owned.
thous_.
do
do
Total nonfarm (public and private)
In metropolitan areas
Privately owned
do
do
do
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only). _
do
do
r
1, 588
r
166. 1
r
120. 6
98.9
163. 1
r
118.8
97.3
144. 1 ' 162. 8 r 118.2
104. 5
117. 6
' 142. 1 * 159.8 ••116.4
94.9
r 147. 3
r
94.1
145. 3
r
r
r
1, 455
1,434
96. 5
r
' 1, 7321,847 ' 1,556 1, 597
I, 697 r 1, 807 r 1, 525
1, 548
r
CONSTRUCTION COST INDEXES
Department of Commerce compositet
1957-59=100..
American Appraisal Co., The:
Average, 30 cities
Atlanta.
New York..
San Francisco.. __ _
St. Louis
104
'107
108
108
108
108
108
108
109
1913=100-..
do
do
do
do
741
810
814
703
720
756
832
836
720
741
768
848
848
740
748
768
848
848
740
754
770
851
849
741
756
771
851
849
744
756
771
852
849
745
756
772
852
849
745
754
775
852
849
746
754
Associated General Contractors (building only)
1957-59=100..
109
111
112
112
112
r
Revised.
1 Not yet available; estimate included in total.
~ Data for total and components are totals for the year.
3
Computed from cumulative valuation total.
f Re vised series. Revisions back to 1959 are shown in Construction Report C30-53
(Supplement); data back to Jan. 1950 will be available in a later Supplement (Bu. of the
Census).
9 Includes data not shown separately.
110
110
110
110
110
788
862
869
775
762
790
863
872
778
765
791
863
872
778
774
792
863
874
778
776
113
113
114
115
116
116
116
AMonthly averages are based on annual totals including revisions not distributed by
months.
§ Data for Nov. 1962 and Jan., May, Aug., and Oct. 1963 are for 5 weeks; other months,
4 weeks. Comparable data prior to 1961 not available.
d*Datafor Jan., Apr.. July, Oct., and Dec. 1963 are for 5 weeks; other months, 4 weeks.
{Revised to 1957-59 reference base; also reflects revision of basic data.
113
SUEVEY OF CURRENT BUSINESS
S-10
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
Monthly
average
January 1!>64
13G3
1962
Nov.
Jan.
Dec.
Fob.
Mar.
May
Apr.
June
July
A up.
Sept.
Oct.
Nov.
Dee.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. 11. Boeckh and Associates, Inc. :f
Average, 20 cities:
All tvpes combined
1^57-59—100
\partments hotels office buildings _ _ d o
Commercial and factory buildings
do
Engineering News-Record:
Building
1957-59 = 100-Construction
do_ __
Bn. of Public Roads— Highway construction:
Comnosite Tavff f o r o t r )
1957—59 — 100
CONSTRUCTION
105. 6
106.3
105. 6
1 04. 5
107.8
108.8
107.8
108.3
108.5
109.6
1 08. 5
106. 9
108. 6
109.7
108. 6
106. 9
108. 8
109. 9
108. 8
107. 1
108.9
110.0
108. 9
107. 1
108. 9
110.0
10S. 9
107. 2
109.
110.
109.
107.
1
2
1
4
109. 7
110.9
109.7
108.0
110.3
111.4
110.3
108.5
110. 7
111.8
110.7
108. 8
110.8
112.0
110.8
109. 1
111.2
112.3
111.2
109. 6
111.3
112. 4
111.2
109. 7
111.4
112.5
111.4
109. 8
107. 8
111.5
110.1
114.7
110. 8
115.8
110.8
115.8
1 1 0. 9
116.1
111.0
116. 2
111.2
116.4
111.2
116.4
111.6
117. 7
112.0
118.3
113.1
119. 6
114.2
120.3
114. 1
120.2
114. 6
120.5
114.3
120. 2
294.9
2 98. 6
129.3
133. 9
129.3
135 3
109.4
127.9
116.5
124. 7
111.4
125. 9
133. 1
137. 9
149. 5
147.2
161.9
151. 2
150. 9
141.0
130. 2
127.4
161.6
131.6
132.8
167. «
119.7
132. 8
1 75. 5
99 9
115.4
137. 2
98.3
128. 5
109.4
99.2
123.9
88.2
129. I
139.8
1 28 .8
158. 5
143.2
175.4
172. 2
152. 2
206 . 4
162.0
131.9
209. 3
162. 1
127. 9
220. 1
165.8
148.0
224. 0
147. 2
145.4
207. 5
20.3
18.4
14.8
14.3
13. 1
207
10. 6
168
11.7
199
8.9
172
13.2
203
10. 6
161
14.6
197
10.7
150
18.8
197
13.3
152
24. 9
251
12.2
119
16.1
160
15.7
152
17. 5
195
11.8
123
17. 1
182
11.9
122
16.4
172
13.3
133
14.8
173
11.3
140
15.0
176
11.2
140
11.4
190
8.3
145
492. 28
253. 52
428. 99
236. 34
503. 65
254. 04
399. 82
202. 02
416.19
219.06
392. 31
244. 64
415.17
259. 56
419.35
225. 60
511.16
26 ;). 14
507. 76
278.14
505.00
267. 35
567. 53
316. 01
444. 50
258. 21
3. 068
3. 479
2 802
2,611
2. 514
2. 635
2, 740
3. 270
3. 548
3. 758
4. 024 •• 4. 220
1.834
2, 196 ?2, 387
99.6
101.2
99.6
1
1
114.4
120. 4
101.7
MATERIALS
Output index:
Comnosite un*\diustedQ
19-17-49 — 100
Iron and steel products, unadjusted
Lumber and wood products, unadj
Portland cement unadjusted
do
do
do
' 150.7 ' 161. 2
' 156. 7 < 146. 8
1 51. 6
145.6
REAL ESTATE
Mortgage applications for new home construction :
Applications for FIT A commitments
thous. units..
Reouest^ for VA appraisals
do_
Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount
mil. •$-. 397. 1 0 439. 24
152.63 221. 01
Vet. Adm.: Faceamount§
do
Federal Home Loan Banks, outstanding advances
3 2, 662 3 3. 479
New mortgage loan s of all savings and loan associations estimated totpl
__mil. $-_
By purpose of loan:
Home construction
^o
Home purchase
^° —
All other purposes
do__ -
1,447
1, 730
1.750
1, 755
1 , 573
1, 503
2. 058
2. 199
2.242
2.341
'> 4'>8
423
601
423
498
710
521
505
708
537
534
643
578
434
616
523
429
576
498
573
666
595
622
760
676
651
854
694
638
936
668
619
1,003
719
623
1.071
734
642
928
626
M',85
'977
r
725
2, 596
6,090
2, 849
7.204
2, 883
7, 553
2, 682
7.. 221
2, 658
8,027
2. 424
7. 300
2. 751
8, 178
3, 065
8,758
3, 233
8.814
3,177
8. 059
3.515
8, 347
3. 525
8. 463
3,177
7, 898
3. 534
mil. $._ 100. 75
105. 42
105. 69
104. 29
142. 00
126. 53
137. 38
141.22
121.20
106. 68
100. 93
113.73
98. 35
109. 52
New nonfarm mortgages recorded ($20,000 arid
i
t,n, •
o
_
number
Fire losses (on bldgs., contents, etc.)
1.838
500
749
589
94.91
DOMESTIC TRADE
i
ADVERTISING
Printers' Ink advertising index, seas, adi.:
Combined index
1957-59= 100_.
Bu^ine s s papers
d o_ __
Magazines - __do
Newspapers
Outdoor
Radio (rietwork)__
Television (network)
Television advertising:
Network:
Gro^s time costs total
Automotive, incl. accessories
Food'? soft drinks confectionery
Soaps, cleansers, etc
Smoking materials
All other
Spot (national and regional):
Gross time costs, total
Automotive, incl. accessories
Drugs and toiletries
Foods, soft drinks, confectionery
Soaps, cleansers, etc
Smoking materials
All other
Magazine advertising:
Cost, total
Apparel and accessories
Automotive, incl. accessories
Building materials
Drugs and toiletries
Foods, soft drinks, confectionery
-
106
104
113
mil $
do
do
do
do
-...do-. _
do
do
__do
do
113
105
125
110
112
123
115
111
127
112
114
117
114
115
122
117
113
125
116
109
1°4
P5
113
130
117
115
133
116
110
128
1°1
116
139
100
93
78
111
do
do
do. _ _
do
111
108
119
102
88
111
82
75
114
99
77
101
97
97
103
105
64
125
66
125
76
125
87
128
83
1°8
101
87
84
124
10R
88
89
123
104
81
103
127
110
79
93
130
118
2
178 0 2 igcj 7
2 12. 0 213.1
2
52. 0 2 63. 3
2
36 7 2 39 5
2
7
2 1 5 4 . 4 2 180. 3
2
24.3
5.9
2
2
30. 2 2 36. 1
2 52. 5
60. 4
2
48 7
76.9
do
do
__do
do
do. do
69 3
4.5
7.0
2. 5
6. 6
10.2
73 0
4.6
7.9
2 3
7 1
10.6
96 3
5. 4
11 3
19
9 9
14.1
223. 1
o i
39 0
72.4
185. 3
7 6
34 9
60. 2
95 7
11 '>
65.6
—
71 9
3.2
6.1
10
8.0
10.4
50 7
1.5
58
1 2
4 7
8.8
66 6
3.0
9 0
15
59
10.3
85 1
5.3
10 9
31
8 6
11.4
8.6
4.2
3.5
1.6
2.7
2.1
.7
2.1
19. 6
3.2
3.5
2.4
4.4
5.0
3.5
1.0
2 7
29. 2
3i 7
22. 6
r
r
219.8
19.0
7.3
56. 3
21. 1
27.4
249.4
22 0
23.0
r 49 3
13.2
67.8
39 0
99 5
24. 6
33 8
23 . 3
8.8
54.7
197.8
6.6
42.7
65.9
2 18.0
2 7.4
241.9
r '~>H7 ')
r
18.9
23.5
48.2
2
9()3 g
14.9
70.4
39 1
21.3
23.3
35.0
°18 7
17.7
71. 9
38 5
4.3
4.5
6.2
4.6
4.9
7.0
3.8
3.7
4.6
.7
.8
1.4
2.4
2.8
2.8
22. 8
23.8
31.7
r
Revised.
i Index as of Jan. 1,1964: Building, 114.6; construction, 120.6.
2
Annual average based on quarterly data.
s End of year.
tCopyrighted data; see last paragraph of headnote, p. S-l.
112
2 20. 9
22. 2
2 40. 8
19. 2
221.2
2
37 0
do
do.. do
Beer, wine, liquors
do
Household equip., supplies, furnishings, .do
Industrial materials.
do
S oa ps, cl eansers, etc
do
Smoking materials
do
All other
do
67
O() f>
6.9
10 4
3 7
8 4
10.7
89 7
6.1
10 3
3 2
79
10.4
13.9
67.8
38 3
74 8
2. 7
73
2 6
8 7
10.2
99 4
86
51.5
OQ A
.9
4 7
1 5
9. 0
5.1
38
14
64
7.8
9.1
6 1
o n
8 0
8.9
7.0
H o
5. 7
9 9
9 n
12.4
ins
13.6
5.2
5.1
2. 9
4.2
5.5
6.9
8.7
5.7
2.8
5.8
8.4
7. 7
4.6
4.0
3.0
4.5
3.0
5.1
5.5
1 .5
1.0
1.0
1.4
1.4
2^5
3.1
3.4
2*. 8
3.0
3.3
3.9
24. 6
28.7
24.0 1 19.0
28.4
17! 9
29.6
33.2
9 Includes data for items not shown separately.
§ Data include guaranteed direct loans sold; these became sizable after 1962.
4.3
7.5
4.4
1.5
2.7
30.1
li
10.3
183
9.1
159
SURVEY OF CURRENT BUSINESS
January 11)64
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
S-ll
1962
Monthly
average
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
246. 7
65. 0
181. 7
12.7
4.7
26.2
138.1
267.7
65.9
201.8
16.0
5.5
28.9
151.4
258. 4
61.8
196. 6
13.0
4.7
25.8
153. 1
Dee.
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities):
Total
_ mil. lines. . 231.4
58.1
Classified
do
173.3
Display, total
__
__do
12.3
Automotive
do
4.9
Financial _-do
26.9
General
do
129.1
Retail
do
233.2
60.5
172. 7
12.4
4.8
25.1
130.3
261. 4
59.2
202. 2
12. 3
4.3
30.0
155. 6
235. 2
50.3
184. 9
7.7
4.5
21.2
151.5
197.7
55.1
142.6
9.6
6.6
17.8
108.6
190. 3
53.2
137. 1
10.3
4.2
19.5
103. 2
238.7
63.4
175.3
11.9
4.7
25.4
133.3
241.1
63.7
177.4
15.3
4.9
25.6
131.6
268.7
69.7
199.0
16.3
4.3
29.3
149. 1
243.1
67.5
175.6
14.1
4.9
25.5
131.0
212.5
63.6
148.9
11.6
5.5
19.2
112.6
231.1
66.8
164. 3
11.2
3.7
18.7
130.7
RETAIL TRADE
A 11 retail stores:
Estimated sales (unadj ) total
Durable goods stores 9
Automotive group
_ _
Passenger car, other auto, dealers
Tiro, battery, accessory dealers
mil $
18, 234
19, 613
20, 911
24, 127
18, 261
17,087
19, 653
20, 518
21, 228
20, 737
20, 540
21,018
do
-do
do
do
5,608
3, 076
2.870
206
6,245
3, 566
3,344
222
6,742
3,869
3, 641
228
6, 766
3, 434
3, 139
295
5, 695
3,487
3,309
178
5, 432
3, 309
3,148
161
6, 383
3, 926
3, 732
194
6. 982
4,262
4, 033
229
7,239
4,301
4.060
241
7,044
4,126
3,865
261
6, 976
4,003
3,746
257
6,556
3, 529
3, 288
241
5, 999
2,990
2.779
211
7. 599
- 4. 387
- 4, 148
-239
- 7, 038 i 7, 605
- 3, 968 i 3, 766
3,727
241
865
547
318
913
700
213
901
583
318
947
728
219
1,020
658
362
976
760
216
1, 216
745
471
921
609
312
830
517
313
695
520
175
781
502
279
649
493
156
838
543
295
795
604
191
854
574
280
977
748
229
934
612
322
1,068
828
240
933
599
334
1,050
819
231
965
608
357
1,100
876
224
992
651
341
1, 138
911
227
980
647
333
1, 055
842
213
r 1, 095
- 1, 098
717
381
1, 008
777
231
12, 626
1,144
222
439
282
201
13, 367
1,195
228
456
297
213
14,169
1. 320
258
513
340
209
17. 361
2,127
467
801
554
305
12, 566
986
204
377
236
169
11,655
826
160
326
193
147
13, 270
1,081
186
428
262
205
13, 536
1,268
224
482
303
259
13, 989
1,163
218
460
275
210
13, 693
1,127
239
421
265
202
13, 564
1,010
200
390
241
179
14,462
1,167
209
446
300
212
649
1,334
4, 738
667
1,421
4, 976
4. 531
] . 543
6.52
1, 463
4, 677
4, 223
1,574
676
1,562
5,066
4,578
1,626
664
1, 592
4, 957
4,483
1, 659
660
1,646
5, 003
4,502
1, 712
680
1, 698
5.318
4. 828
1,730
647
1,526
4, 684
4,238
1.599
667
- 1, 556
- 4, 910
- 4, 449
- 1, 649
-667
- 1.485
- 5, 165
- 4. 699
- 1, 634
- 2, 441
- 1.417
208
- 378
-466
- 2, 754
1,605
259
418
503
Furniture and appliance group
do
Furniture, homefurnishtngs stores
do
Household appliance, TV, radio . _ do__
Lumber, building, hardware group
do
Lumber, bldg. materials dealerscf
do
Hardware stores
„___
do
Nondurable goods stores 9
doApparel group
_
do
Men's and boys' wear stores
do
Women's apparel, accessory stores _ do
Family and other apparel stores
do
Shoe stores
-- do
19. 267 - 21,528 - 21,555 1 25. 643
r
••719
-376
1,119
897
222
i 1,334
13, 268 - 13,929 - 14,517 i 18. 038
1,161 - 1, 191 - 1, 292 i 2. 203
-218
203
253
-472
448
498
-304
296
340
214
-197
201
do
do
do
do
do
645
1,367
4,618
4,159
1,498
669
660
1, 442
1,445
4,801
4,917
4,344
4,456
1 , 554 1,561
880
1,479
5,237
4, 732
1,629
1, 540
641
1,254
4, 467
4,048
1, 395
General merchandise group 9
-- do
Department stores
do
Mail order houses (dept. store mdse.) -do
Variety stores
_ do
Liquor stores
_ _
_ __ do
2, 076
1,213
161
340
409
2,267
1,315
169
371
450
2,711
1. 575
245
400
488
4,119
2, 422
267
751
700
1, 756
1. 005
139
259
409
1,627
902
130
274
386
2, 075
1,199
159
320
427
2, '299
1,315
169
384
429
2,278
1,317
166
361
458
2,287
1.352
150
357
450
2, 129
1,224
157
341
474
2,465
1,420
192
390
489
2, 295
1,351
181
354
437
20, 374
20, 350
20, 276
20. 200
20, 486
20, 719
20, 666
20, 426
6, 512
3.740
3. 515
225
6, 630
3,843
3.607
236
6,773
3,940
3,709
231
6, 56?
3, 733
3,512
221
6, 606
3,717
3, 495
222
- 6, 941
- 3, 980
- 3, 748
-232
- 6, 786
3.810
3, 571
239
985
648
337
975
761
214
- 1, 028
-666
-362
986
764
222
1, 004
652
352
1,000
760
240
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
4, so;;
do
20, 112
20, 253
20, 387
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers
do
do
do
do
6,437
3. 704
3,474
230
6, 488
3,731
3,492
239
6,624
3, 854
3,624
230
6,624
3, 820
3,598
222
6,576
3, 764
3. 544
220
6, 646
3, 824
3, 602
222
Furniture homefumishings stores
Household appliance TV radio
Lumber, building, hardware group
Lumber, bldg. materials dealerscf
Hardware stores
do
do
do
do
do
928
592
336
942
721
221
925
592
333
950
710
240
938
599
339
946
721
225
953
616
337
939
718
221
940
607
333
942
792
220
945
617
328
957
736
221
938
598
340
940
738
202
935
611
324
962
750
212
979
613
366
958
746
212
939
611
328
992
771
221
Nondurable goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apnirel stores
Shoe ^fore^
do
do
do
do
do
do
13, 675
1. 220
233
472
297
218
13, 765
1,241
238
471
302
230
13, 763
1, 222
'231
461
313
217
13, 750
1,209
234
460
300
215
13. 774
1.207
233
462
293
219
13,630
1. 166
233
443
287
203
13, 688
1. 156
221
447
285
203
13. 856
1,179
222
471
287
199
13, 946
1,214
239
475
298
202
14,104
1.259
247
480
323
209
682
1,471
4, 860
4,401
1,577
677
1.473
4,908
4,445
1,600
670
1.480
4 924
4,463
1. 627
683
1, 496
4,894
4,433
1.611
678
1,507
4,853
4. 399
1,618
677
1,518
4,864
4,400
1,594
678
1, 504
4,890
4, 414
1.581
674
1,511
4,923
4, 456
1.584
674
1,497
5, 030
4, 540
1,602
685
1,519
4, 996
4, 527
1,«12
688
1, 470
4,897
4, 441
1, 605
683
-1,530
- 4. 943
- 4, 484
- 1, 618
--------
2.348
1, 361
172
374
464
2, 324
1.343
174
373
456
2, 332
1, 344
174
376
457
2, 409
1.410
180
378
458
2.301
1,321
177
377
471
2,322
1, 345
169
380
469
2, 434
1,427
186
389
475
2, 441
1,418
196
385
481
2, 4<)7
1,465
198
387
476
2,411
1, 398
190
386
466
- 2, 324
- 1, 333
182
-390
-478
27, 071
11,472
4,778
1,861
2,264
28, 947
11,690
4,494
1, 985
2, 335
27, 071
11,472
4,778
1,861
2, 264
26, 997
11, 570
4,998
1,822
2, 266
27, 735
11, 943
5, 335
1,815
2,314
28, 573
12, 148
5,388
1,859
2,397
28, 637
12,080
5,318
1,870
2,415
28, 439
11,986
5, 249
1, 846
2,404
28, 041
11,896
5,147
1, 852
2,362
27, 957
11,837
5, 129
1,840
2,322
27, 575
] 1, 105
4,281
1. 888
2,313
27, 894 -29,153
10, 880 -11,400
4,098 - 4, 488
1,904
1,968
2,299
2,273
29, 865
11.929
4, S46
2. 004
2,287
do
do
do
do
14, 658
3,103
3,248
4,087
15, 599
3,405
3,395
4, 495
17, 257
3,831
3,500
5, 402
15, 599
3, 405
3, 395
4, 495
15, 427
3,256
3,349
4, 470
15, 792
3,404
3,407
4, 705
16, 425
3,592
3,483
4, 940
16, 557
3,576
3,571
4,994
16, 453
3,542
3,581
4,953
16, 145
3, 396
3, 656
4,771
16, 120
3, 399
3, 546
4,772
16. 470
3, 629
3, 486
4, 959
17,014 -17,753
3, 858 - 4, 006
3, 530 - 3. 660
5, 255 - 5, 647
17, 936
4. 031
3, 700
5. 668
Book value (seas adj ), total
do
Durable goods stores 9
do
Automotive group
do
Furniture and appliance group
do
Lumber, building, hardware group- -do
26, 238
11,019
4,383
1, 792
„ 2,358
27, 938
11.728
4, 861
1, 899
2,349
27, 729
11, 695
4,812
1,889
2, 375
27, 938
11, 728
4,861
1,899
2, 349
28, 002
11, 676
4,857
1, 896
2,341
28. 025
11, 735
4,940
1,879
2,342
28, 066
11,724
4, 948
1,872
2,336
28, 061
11,622
4,897
1,855
2,324
28, 062
11,584
4, 869
1,842
2, 327
28, 124
11,614
4,869
1, 859
2,318
28, 259
11, 673
4, 922
1,862
2, 299
28, 148
11,604
4,810
1, 892
2, 318
28, 147
11,605 -11,664
4, 890 - 4, 959
1,874
1, 896
2,322
2, 301
28, 540
11,874
5. 101
1.909
2, 324
15, 219 16, 210 16, 034 16, 210 16, 326
-do
3,259
3,569
3,492
3, 569
3, 543
Food group
do
3, 405
3,258
3,382
3,405
3,442
4,452
General merchandise group
do
4,897
4, 793
4,897
4, 945
^ r Revised.
1 Advance estimate.
9 Includes data no t shown separate] y.
cf(Domprises lumber yards, building materials dealers, and paint, p lumbing , and electrical st ores.
tRevised (back to Jan. 1953) to reflect use of ne\v season il factors and neuT adjustnlents
for trading day differences. Revisions for periods n ot show n here a opear in the July 1963
Census report, "Monthly Retail Trade Report, Ad justed S a,les, Sup plement
16, 290
3,542
3,445
4,671
16, 342
3, 563
3, 466
4,960
16, 439
3, 555
3,550
4,979
16, 478
3,578
3. 560
4,985
16, 510
3, 560
3, 663
4, 943
16, 586
3,616
3, 604
4,923
16, 544
3, 600
3, 546
4,931
16, 542 -16.709
3, 619 - 3, 655
3,541 - 3, 571
4, 976 - 5, 061
i 4, 480
2,376
1. 368
191
384
467
Estimated inventories, end of year or monthif
Book value (unadjusted), total
mil.$__ 25, 414
10, 756
Durable goods stores 9
do
4,291
Automotive group
do
1. 754
Furniture and appliance group
do
2, 275
Lumber, building, hardware group— do
i 888
1,506
5, 187
4, 708
1, 714
678
1, 505
4, 984
4. 521
1,648
2, 354
1.347
173
374
462
i
i
i
i
16, 666
3. 675
3, 57S
5. 034
Estimated sales (seas adj ) totalt
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations .
General merchandise group 9 -.
do
do
do
do
__do_ _ _
_ _ _ --------
do
Mail order houses (dept. store mdse.) -do
Variety stores
do
Liquor stores
do
Nondurable coods stores 9
Apparel croup
Food croup
General merchandise group
Nondurable goods stores 9
r
20,716 - 20,622 121,548
i 7, 188
13, 820 '• 13,775 - 13,836 U4.360
1,204 - 1, 150
1.173
238
-217
223
465
- 451
454
- 286
303
292
- 196
198
204
::::::::
IEDevised s eries. R e vised tc) take ac count of the late? t (1962) Annual Survey t f Retail
Trade benchm ark data and to r e fleet ne w season al factor. beginning 1956. Data fo r earlier
period s appear on pp. 16-19 of tl e Dec. 1 363 SUR\ EY.
SURVP:Y OF CURRENT BUSINESS
S-12
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
1962
Monthly
average
Nov.
January 196-4
1963
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
5,776
5,685
5, 518
6,094
5, 546
«• 5, 947
6,416
r
Oct.
Nov.
Dec.
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Firms with 4 or more stores:
Estimated sales (unadjusted), total
Firms with 11 or more stores :
Estimated sales (unadj ) total 9
mil. $._
5,127
5,472
6,044
7,767
4,901
4,592
5,469
5,574
do
4 378
4,631
5,056
6,526
4, 075
3,826
4,571
4,651
4, 850
4,767
4, 601
5 106
4,611
4,916
5, 364
Apparel group 9
do
Men's and boys' wear stores
_ _.do
Women's apparel accessory stores
do
Shoe stores
__do
297
30
120
86
311
29
124
94
346
35
143
93
546
58
228
142
232
24
93
70
202
18
82
64
283
25
116
87
353
29
141
113
315
29
135
90
307
30
130
87
263
25
115
71
310
25
138
84
309
25
198
93
310
30
131
83
347
34
152
83
T)rug and proprietary stores
Eating and drinking places
Furniture homefurnishings stores
127
95
38
137
100
40
137
99
48
213
101
49
P9
91
30
128
89
32
135
102
39
134
102
38
138
107
43
141
108
41
138
111
38
142
115
44
135
107
41
138
109
51
143
105
52
1, 354
823
262
1,843
63
83
1,464
896
284
1, 920
62
90
1,734
1,062
307
2.000
66
92
2,664
1,617
578
2, 103
52
126
1,120
689
191
1,897
45
69
1,035
618
204
1,790
42
62
1, 329
829
241
2,067
52
77
1.504
921
294
1.802
63
92
1,491
927
276
2, 063
72
97
1, 536
977
276
1,950
73
103
1,436
891
263
1,915
75
102
1,662
1,027
301
2, 136
76
94
1,546 ' 1, 640 1, 867
1,013
972
1.150
r
979
292
321
1 , 825 >• 1.965
2,140
75
71
64
93
83
94
do
4,713
4, 774
4,751
4,737
4,778
4, 705
4,730
4, 848
4,914
4,983
4,871
4,809
4.922
do
do
do
- do
317
20
198
96
319
29
127
99
317
29
133
92
311
309
29
126
89
309
29
131
85
311
28
136
83
324
33
141
82
341
33
147
90
316
31
132
87
298
29
125
84
310
126
94
311
29
131
92
do
do
do
140
100
40
138
101
40
140
99
38
143
102
40
140
104
40
139
103
40
143
104
41
144
104
42
145
105
40
150
107
44
147
105
49
146
107
46
144
105
44
1 508
930
288
1,940
63
92
1 520
945
1, 513
923
988
1, 952
61
88
1, 569
966
294
1,940
63
89
1 503
914
287
1.946
63
90
1 512
931
285
1, 955
64
88
1 616
1,002
297
1.964
65
93
1 666
1 046
294
2,007
63
88
1 6°6
1 0 '1
1,967
63
96
1,511
925
288
1,965
63
92
13, 557
6,203
7, 354
7, 223
6,334
14, 299
6,241
8,058
7,441
6, 858
13, 474
5, 89?
7,582
6, 842
6. 632
12, 700
5, 685
7,015
6,586
6,114
12,912
5,799
7,113
6, 658
6,254
13,352
5 . 965
7,387
7, 032
6, 320
13,634
6, 160
7,474
7 °02
6,432
13, 799
6, 339
7, 460
7, 147
6,652
13, 781
6, 457
7,324
7. 157
6,624
14,016
6, 559
7,457
7,264
6,752
do
do __
do
General merchandise group 9-- _ do
Dept stores, excl. mail order sales___ - do_ __
Varietv stores
- __do
Grocery stores _ __
_
- __do
Lumber vards, bldg. materials dealers o^-do
Tire, batterv, accessory dealers
do. _.
Estimated sales (seas adi ) total 9 t
/ pparel group 9
IVTeF1 's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
_
r^rufand proprietary stores
Eating and drinking places
Furniture homefurnishings stores
General merchandise group 9
do
Dept stores excl mail order soles
do
Variety stores
do
Grocery stores
__do _
Lumber yards, bldg. materials dealersd"--do
Tire battery accessory dealers
do
All retail stores, accounts receivable, end of mo.:
Total
mil. $__ i 13,053 1 14,299
8,241
5, 903
Durable goods stores
do
8, 058
7, 150
Nondurable goods stores
do
7,441
7, 161
Charge accounts
do
6, 858
5,892
Installment accounts.. _
do
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
percent _ _
Installment accounts
do
Sales by type of payment:
Cash sales
percent of total sales Charge account sales
do
Installment sales
do
Sales, total United States:
Unadjusted..Seasonally adjusted
Stocks, total U.S., end of month:
Unadjusted
1 628
1 009
295
1,992
64
qo
9Q7
1,970
83
89
r
r
r
I 544
943
' 298
1,993
64
91
135
83
1 619
1,004
296
2,015
63
92
14, U44 '14,312
6,586 r 6, 631
7, 458 - 7, 681
7, 232 r 7, 424
6,812 r 6, 888
14. 489
6. 586
7,903
7,454
7,035
47
15
48
17
49
17
48
17
49
17
48
16
48
17
47
16
49
16
48
16
49
17
50
17
48
17
50
18
50
17
43
42
16
43
40
17
42
41
17
45
39
16
43
38
19
42
40
18
42
41
17
43
40
17
43
39
18
43
39
18
43
39
18
44
39
17
42
40
18
41
41
18
43
39
18
1957-59=100-.
do
109
114
141
118
212
117
SI.)
113
85
114
101
119
112
115
112
117
114
120
100
120
••114
126
121
121
110
113
r p !41
-- -
110
137
r 120
110
117
107
120
112
119
120
120
™
120
122
121
116
121
117
123
122
122
131
124
'143
128
p 147
p 128
188.84
189 .06
189. 28
189.52
189. 78
190. 04
190. 28
190. 61
do
117
r
P 117
p 229
p 127
EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii) :
Total, incl. armed forces overseas
miL_ 1183.74 1 186. 59
187. 63
187. 84
188. 06
188.26
188. 45
188.64
EMPLOYMENT
Noninstitutional population, est. number 14 years
of age and over, total, unadj
mil-- 127. 85
130. 08
130. 91
131.10
131.25
131.41
131.59
131.74
131 .86
132. 04
132. 20
132. 34
132. 50
132. 68
132. 85
133. 02
_thous_do
. do _
do
do
74,175
71,603
66, 796
5, 463
61,333
74, 681
71,854
67, 846
5, 190
62, 657
74, 532
71,782
67, 981
4, 883
63, 098
74, 142
71,378
67, 561
4, 066
63, 495
73, 323
70, 607
65, 935
4,206
61, 730
73, 999
71,275
66, 358
4,049
62,309
74, 382
71, 650
67, 148
4,337
62, 812
74, 897
72, 161
68, 097
4,673
63, 424
75, 864
73, 127
69,061
5,178
63, 883
77, 901
75, 165
70, 319
5,954
64,365
77,917
77, 167
75,811
75, 173
70, 851
5, 969
64, 882
74,418
70, 561
5, 496
65, 065
73, 062
69, 546
5, 326
64, 220
76, 086
73, 344
69, 891
76, 000
73. 261
69, 325
4. 777
64^ 548
75, 201
72, 461
68,615
4, 039
64, 576
do
do _
4,806
1,532
6.7
53, 677
4,007
1,119
5.6
55, 400
3,801
866
5.3
56, 378
3,817
979
5.3
56, 954
4,672
1,153
6.6
57, 930
4,918
1,303
6.9
57, 414
4,501
1,386
6.3
57, 208
4,063
1, 424
5.6
56, 843
4,066
1,292
5.6
56, 001
4,846
1,016
6.4
54, 135
4,322
933
5.7
3, 857
3,516
949
5.2
886
4.8
54, 279
55, 178
56, 686
56, 596
3, 936
864
5. 4
56, 852
3, 846
928
5.3
57, 824
71, 827
67, 691
4.983
62. 708
4,136
1,043
72, 084
68, 091
4, 843
63, 248
3,993
1,129
72, 348
68, 171
5, 183
62, 988
4,177
1,163
72, 501
68, 086
4,841
63, 245
4,415
1,151
72, 698
68, 636
5, 008
63 \ 628
4,062
1,074
73, 002
68, 87 4
5, 023
63, 851
4, 128
1,061
72, 989
68, 676
5,033
63, 643
4, 313
1,142
72, 720
68, 602
4, 909
63^ 693
4,118
1,071
73, 269
69, 161
5, 024
64! 137
4*. 108
1,009
72, 915
6s! 917
4, 838
64^ 079
73, 101
69, 075
4. 919
64, 156
1,085
73, 136
69, 076
4, 884
64l 192
4' 060
1,083
1, 081
73, 337
59' 045
4! 892
64^ 153
4^292
1, 041
73, 263
69,' 206
4', 883
64^ 323
4,057
1,070
5.8
5.6
5.5
5.5
5.8
5.7
6.1
6.0
5.6
5.5
5.7
5.4
5 9
5.5
5 7
5 6
5'. 4
5 5
5'. 4
5. 6
s'. 4
5 5
5. 9
5. 5
Total labor force, incl. armed forces
Civilian labor force, total
Employed, total
._ _ _ _ _ _
Agricultural employment
Nonagricultural employment
Unemployed (all civilian workers)
Long-term (15 weeks and over)
Percent of civilian labor force
Not in labor force
_ _
thous
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 (percent of civilian labor force) :
All civilian workers
Experienced wage and salary workers
r
Revised.
*> Preliminary.
1 As of July 1.
9 Includes data not shown separately.
6.8
5.5
3,998
5.350
64, 541
3,453
919
4.7
4,026
s!4
5.Q
5^6
5^3
d*Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
fSee note marked "|" on p. S-ll.
S-13
SURVEY OF CURRENT BUSINESS
.Tanuiiry 1904
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 19f>3
edition of BUSINESS STATISTICS
1962
Monthly
average
1G63
1962
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Oct.
Sept.
Nov.
Dec.*
EMPLOYMENT AND POPULATION—Continued
I
EMPLOYMENT— Continued
Employees on payrolls (nonagrlcultural estab.):f
Total unadjusted!
thous
r
54. 224
55, 841
56, 828
57, 044
55, 409
55, 374
55, 714
56, 505
56, 967
57, 609
57, 422
57, 651
58, 211
58, 426 '58,264
58, 638
16, 327
9, 072
7. 255
16,859
9,493
7.367
17, 023
9, 606
7, 417
16, 862
9, 546
7, 316
16, 687
9,481
7, 206
16,683
9,474
7,209
16, 756
9, 508
7,248
16, 845
9, 593
7, 252
16, 960
9, 673
7,287
17, 111
9, 738
7,373
17, 050
9, 666
7,384
17. 199
9,609
7, 590
17, 398 '17,367 '17,231
9,801 "•9.811 ' 9, 788
7,597 T 7, 556 ' 7, 443
17,143
9, 766
7, 377
672
87
161
303
652
83
152
299
644
78
150
294
634
148
296
622
78
148
289
618
80
147
288
616
79
142
288
632
82
143
290
643
83
142
295
650
84
139
300
641
84
126
302
646
85
135
298
641
84
134
295
2,816
3, 903
817
277
2, 909
3,903
797
271
3, 057
3,912
778
274
2. 776
3, 914
783
276
2,584
3,775
755
277
2,470
3,844
757
277
2, 556
3, 847
761
276
2,846
3, 859
769
273
3,049
3,897
780
274
3,232
3,954
789
269
3,364
3, 975
790
258
3.437
3,976
791
258
3,378
3,982
780
276
do
do
do
do
845
196
693
614
880
200
688
611
906
205
686
608
893
206
684
607
854
208
682
606
857
207
681
605
859
208
683
605
868
208
684
603
877
209
686
607
912
211
692
619
920
212
701
626
921
212
699
626
934
212
693
618
do
do
do
do
do
do
11,337
2, 993
8, 344
2, 731
7, 610
8,828
11. 582
3, 061
8, 521
2.798
7 949
9, 188
11,856
3, 100
8, 756
2.813
8,047
9, 476
12,420
3,118
9, 302
2,811
8,014
9,613
11.535
3, 073
8, 462
2 806
7, 956
9,444
11,433
3, 065
8, 368
2,813
7,997
9, 516
11, 497
3, 069
8, 428
2. 825
8. 076
9, 541
11, 740
3, 075
8, 665
2. 842
8,199
9,542
11, 720
3, 085
8, 635
2,858
8,294
9, 546
11,848
3.132
8, 716
2.885
8,423
9, 506
11, 832
3, 168
8, 664
2, 916
8, 474
9, 170
11.878
3, 196
8. 682
2, 919
8. 457
9.139
11,942 '12,014 '12,170 12, 745
3,221
3, 199 ' 3, 208 ' 3, 205
8,743 ' 8, 806 ' 8, 965
9, 524
2.884 ' 2. 879 '> 879
2, 887
8, 472 ' 8! 442 8, 425
8, 436
9,547 ' 9, 751 ' 9, 783 9,919
154. 224 155. 841
Total seasonally adjustedf
do
Manufacturing establishments __ _ _ do__ _ 16. 327 16,859
9. 072
9. 493
Durable ecoods industries
do
235
271
Ordnance and accessories
do
583
589
Lumber and wood products
do
368
385
Furniture and fixtures
_
_ do
582
594
Stonp clay and glass products
do
1.143
1, 164
Primary metal industries _. _ _
do
56, 205
16, 858
9, 509
280
588
386
596
1, 121
56.211
16, 851
9, 518
279
586
386
591
1,126
56, 333 56, 458
16,871 16,872
9. 542
9, 546
280
279
593
590
389
386
595
590
1 , 1 24 1,133
56, 706
16, 948
9, 586
278
597
388
597
1, 145
56, 873
17, 037
9, 660
274
588
387
607
1,174
57, 060
17, 095
9, 683
276
592
388
612
1, 184
57, 194
17,075
9, 685
278
559
390
612
1, 202
57, 340
17. 103
9,701
277
564
392
615
1,208
57, 344
17. 033
9. 652
275
578
393
616
1,176
57, 453 ' 57, 646
17. 076 '17,119
9,705 '9,718
' 277
589
588
391
392
610
611
1, 164 ' 1,155
Manufacturing establishments
Durable goods industries __
Nondurable goods industries
do
do_
do
Mining, total 9
Metal mining
Coal mining
Crude petroleum and natural gas
do
do
do
do
Contract construction. _ _
do__
Transportation and public utilities?
do
Railroad transportation
do
Local ond interurban passenger transit__do
ATo^or fre^°~ht trains and storage
\ir 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
' 632
82
136
291
624
' 3, 333 ' 3, 178
' 3, 968 r 3, 949
776
279
278
2, 966
3, 937
'637
84
136
'290
'936
212
'691
611
927
213
686
611
'57,623
'17,062
' 9. 688
276
57, 805
17.127
9, 735
392
614
' 1, 156
596
393
613
1,163
Fabricated metal products
do
Machinery
_
do.
Electrical equipment and supplies _ _ . do
1.084
1,419
1,475
1,128
1,490
1, 579
1, 125
1, 513
1, 586
1, 127
1,501
1, 595
1,125
1, 503
1.593
1.131
1, 499
1, 589
1, 136
1,501
1, 589
1, 148
1,504
1, 595
1,151
1, 506
1,597
1, 156
1,508
1, 593
1, 159
1,512
1, 587
1. 162
1,5°5
L574
1. 165
1. 531
1, 574
' 1,164 ' 1,162
' 1.545 ' 1 , 547
1,571 ' 1,559
1,170
1,549
1, 568
Transportation equipment
Instruments arid related products
Miscellaneous manufacturing ind
1,459
347
378
1, 542
360
391
1, 561
362
391
1,574
364
389
1, 586
365
389
1, 595
366
388
1, 597
'368
390
1, 623
370
390
1, 614
370
393
1. 623
375
389
1, 618
375
394
1, 580
375
398
1. 635
373
398
r
1,647 ' 1,617
' 373
' 373
'399
'395
1 , 630
374
404
7, 255
1,775
91
893
1,214
601
917
827
202
375
358
7, 367
1, 760
91
903
1, 267
614
925
846
195
406
360
7, 349
1. 745
92
896
1, 266
615
928
851
190
409
357
7, 333
1, 756
91
893
1, 265
616
908
851
189
408
356
7. 329
1, 752
89
891
1,268
617
910
853
187
411
351
7, 326
1, 747
89
890
1, 273
617
907
856
188
408
351
7, 362
1, 757
89
892
1, 286
619
910
859
188
411
351
l', 738
90
891
1, 296
618
929
862
188
416
349
7,412
1, 743
89
889
1,317
620
934
864
188
417
351
7, 390
1,732
88
889
1,306
620
936
868
187
414
350
7. 402
1, 730
87
891
1,317
623
935
870
188
408
353
7.381
1,728
91
887
1.302
623
937
870
189
404
350
7, 371
1, 723
86
886
1, 306
622
935
869
390
402
352
' 7, 374
'1,735
'94
>- 889
' 1,292
622
' 930
r
870
189
406
' 347
7.392
1,746
89
887
1,298
do
do
do
Nondurable goods industries
do.
Food and kindred products
do
Tobacco manufactures
do.
Textile mill products
do
Apparel and related products
do
Paper and allied products
do
Printing, publishing, and allied ind__do
Chemicals and allied products
do
Petroleum refining and related ind do
Rubber and misc. plastic products.. _do
Leather and leather products
do.
' 7, 401
' 1,742
''89
'890
1,312
620
'934
'871
189
402
352
937
870
187
404
349
' 628
623
' (529
672
640
631
631
652
632
639
633
640
635
639
631
640
Mining
do
3,112
3,019
2,942
3.083
3, 005
2.928
2, 967
2.913
2, 909
3, 046
2, 920
3, 071 ' 3, 066 '3,059
3, 069
Contract construction
___ __ do_ . 2, 816
' 3, 933 3, 921
3,903
3, 894
3, 909
3, 896
3, 821
3, 898
3, 903
3, 950 ' 3, 937
3, 941
3,919
3, 890
3, 899
3, 936
Transportation and public utilities
do
11,337 11,582 11,637 11, 629 11,685 11,729 11, 795 11, 784 11,825 11, 864 11,884 11,907 11. 922 '11.935 '11.945 1 1 . 935
Wholesale and retail trade
do
2, 891
2, 887 ' 2, 888
2, 848
2, 731
2, 864
2,834
2,822
2,821
2, 853
2,798
2,873
2.873
2. 865
2,839
2, 870
Finance, insurance, and real estate
do
8, 493
8, 430 ' 8, 459
7, 610
8, 207
8, 228
8, 079
8, 063
7, 949
8.373
8, 199
8. 110
8, 144
8.377
8,282
8. 349
Services and miscellaneous
do
9, 703
8,828
9, 455
9,414
9, 386
9,188
9, 480
9, 466
9, 424
9, 348
9. 552 ' 9, 643 ' 9. 649
9, 504
9, 499
9, 489
Government
do
Production workers on mfg. payrolls, unadjusted:!
Total, unadjustedf
'
_ _ _ ' t h o u s _ _ 12. 085 12,494 12,613 12, 459 12.286 12,276 12,344 12, 426 12 526 12, 652 12, 571 12, 705 12. 923 '12,895 '12.763 12.670
12, 452 12, 443 12. 453 12, 455 12, 521 12, 604 12,647 12,628 12,650 12, 575 12. 611 '12,649 '12,599 12, 661
Seasonally adjusted
do
7, 153
6, 620
6, 962
7, 083
6,919
6, 946
6, 884
7, 026
7, 138
7,010
6, 896
7. 056
6, 995
7,193 ' 7, 204 ' 7, 182
Durable goods industries, unadjusted. _do
7. 1'29
6, 994
6, 935
7, 081
6. 950
7. 086
7, 070
6. 932
7, 051
6, 956
7,103
7, 097 '7,110 ' 7. 084
Seasonally adjusted
do
120
120
107
120
121
120
123
120
118
123
118
120
118
118
118
119
Ordnance and accessories
do
518
' 531
543
518
512
526
533
500
529
523
511
496
551
547
501
528
Lumber and wood products
do
330
' 332
334
304
319
317
318
323
326
320
322
318
317
331
333
321
Furniture and fixtures
do
487
' 50'J
504
469
452
479
497
482
458
467
447
486
516
508
512
510
Stone clay and glass products
do
' 930
937
'929
915
899
936
929
900
984
970
914
893
953
942
970
946
Primary metal industries
do
410
425
410
421
384
450
437
418
390
404
388
420
458
453
429
Blastfurnaces, steel and rolling mills.do
907*
' 908
913
864
826
855
857
869
874
880
854
894
868
909
879
889
Fabricated metal products. __
do ___
1 , 059
1.070
977
1 , 056
1,036
1, 052
1.051
1,055
1,056
1. 039
1, 043
1, 040
1.044
1, 046
1,055
1, 041
Machinery
_
__
do
980
1 , 074 '• 1 , 068
1,060
1.064
1,049
1,050
1, 069
1. 080
1,086
1. 057
1.040
1.048
1, 048
1, 058
1, 067
Electrical equipment and supplies do
997
1,162
1, 104
1.112
1,155
1, 061
1, 121
1,112
984
1. 121
1, 105
1.104
1, 099
1,125 ' 1.149
J. 118
Transportation equipment 9_ - . _ _ _ d o . _ _
' 608
480
' 599
564
534
579
613
580
576
567
581
575
573
584
450
565
Motor vehicles and equipment
do
352
' 362
366
359
351
350
355
358
356
' 361
352
353
353
356
350
351
Aircraft and parts
do
223
240
'241
240
235
234
233
232
233
234
230
232
239
240
237
240
Instruments and related products
do
304
320
312
' 337
'342
332
300
289
306
305
295
331
315
341
312
316
Miscellaneous mfg. industries
do
5,464
5, 548
5, 443
5, 425
5, 390
5, 392
5,497
' 5,691 ' 5, 581 5,517
5. 514
5. 416
5, 587
5, 515
5. 710
5, 730
Nondurable goods industries, unadj
do
5, 532
5, 527
5 566
5, 534
5, 503
5, 499
5, 508
5, 520
5, 542
5, 547
5. 524
5, 514 ' 5, 539 '5,515
Seasonally adjusted
do
1,094
1,191
1,182
1 , 248 ^ 1,171
1,272
1,098
1,081
1,072
1, 143
1, 146
1. 080
1, 132
1,188
Food and kindred products
do
1, 285
80
79
81
74
' 87
65
83
85
'94
64
67
69
63
95
88
Tobacco manufactures
do
805
794
812
796
790
802
795
810
795
804
802
790
' 802
803
Textile mill products
do
803
792
1. 125
1.080
1, 142
1. 157
1, 109
1,126
1,180 '1,162
1.183
1, 135
1, 141
1,141
1,155
1,133
Apparel and related products
do
1, 180
1. 140
478
484
482
489
486
488
492
483
483
480
492
491
493
495
487
495
Paper and allied products
do
592
602
594
579
586
590
588
578
576
592
592
600
589
Printing, publishing, and allied ind. .do
598
599
597
504
532
522
514
514
516
517
516
530
Chemicals and allied products
do
525
527
527
' 523
522
526
528
120
125
130
121
117
117
117
118
122
119
Petroleum refining and related ind do
122
123
120
121
11 6
118
106
94
101
95
95
96
96
96
95
96
96
Petroleum refining. . _
_ _ do .
94
94
95
93
96
314
317
315
Rubber and misc. plastic products... do. _..
288
314
323
320
319
313
319
315
307
317
310
318
315
310
301
300
Leather and leather products
do
316
319
318
317
310
313
309
310
'• 309
309
310
311
316
' Revised.
v Preliminary.
1 Total arid components are based on unadjusted data.
minoi • revision s prior to that tiii e. Rev sions no t shown are avai able in t ho 1963 ( dition of
! Beginning with the Sept. 1963 SURVEY, data for employment, hours, earnings, and
'BusnJESS STA nsTics an d in B L 3 Bulleti n 1312-1, "Emplo vment aiid Earn ngs Stai i sties for
labor turnover reflect adjustments to Mar. 1962 benchmarks. The revision affects series
the U nited St ates, 1909-62, "6 54 pp., $3. 50, GPO Wash., D.C., 20 402.
back to Mar. 1959 arid, for seasonally adjusted data, all series beginning Jan. 1952, with only
9 Include'3 data fo r industi-ies not shown sc parately
Januavv 1964
SURVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
19(52
Monthly
average
1963
1962
Nov.
Dec.
Tan.
May
Apr.
Mar.
Feb.
June
July
Aug.
Sept.
Oct.
Nov.
2,344
2,337
244
2.312
239
2.313
'239
2. 313
240
p 715
v 78.3
P704
P 78. 3
^700
P 78. 6
P694
"79.4
146. 8
118. 1
90.2
152.2
118.2
93. 1
149. 5
122.6
94. 0
Dec.p
EMPLOYMENT AND POPULATION—Continued
1
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch):
United States..
thous-.
Wash D C metropolitan area
do
|
2, 251
220
2, 311
230
2,319
233
i 2, 462
i 236
2, 297
233
2, 302
234
2. 304
_720
79. 5
701
80. 2
704
80.6
681
74.0
082
74.9
108.8
105.4
90.6
116.4
113.7
90.5
122.5
115. 7
89.0
106.8
115.4
88. 5
99.9
112.8
86.5
92.4
112.6
86. 2
39.8
40. 4
2.4
40.3
2.8
40. 9
2.3
2.8
40. 4
40. 4
2.9
41.0
40. 9
3.0
40. 5
40. 2
2.9
41.2
41. 1
3.1
40. }
40. 4
2. 5
40.7
40.9
2. 6
Ordnance and accessories
__ do_.
Lumber and wood products
do_ ..
Furniture arid fixtures
do_
Stone, clay, and plass products
do
Primary metal industries
do_13 last, furnaces, steel and rolling mills. do
40.9
39.4
40.0
40.7
39.6
38.7
41.1
39. 8
40. 7
40.9
40. 2
39. 0
41. 3
39. 5
40. 9
41.2
39.7
38.0
41. 7
39. 2
41.2
40. 1
40. 4
38.9
Fabricated metal products
Machinery
Electrical eQuipmen t '-in d supplies
do
do
do
40. 5
41.0
40.2
41.1
41.7
40.6
41.1
41. 3
40.6
Transportation equipment^
Motor vehicles and equipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg industries
do
_. do- .
do
do
do
40.5
40.1
41.4
40.7
39. 5
42.0
42.7
41.8
40. 9
39. 7
39.3
39.6
Railroad employees (class I railroads):
Total
-- do
Index, seasonally adjusted
1957-59=100-
2
739
81.5
2
2, 315
235
2,311
235
2. 335
243
685
75. 6
694
76. 5
705
76.9
715
77.3
100. 2
114.1
85.0
115.5
114.4
89.2
128.3
117.4
92.1
138.9
1 19. 9
95.9
40. 0 1
40.3 !
2. 5
40.7 i
41 . 0 |
2. 6
40. 2
40. 5
2. 6
40. 8
41.0
39.9
40. 1
2.4
40. 6
40. 7
40.5
40. 5
2.8
41.2
41.1
2.9
40. 5
3.0
41. (i
41.3
3.2
40.5
40.4
2.9
41. 1
41.2
2. 9
40.5
40. 3
2.9
41.0
41.0
3. 0
40.7
40.7
3.1
41.3
41. 3
3.2
40.7
40. 6
3.0
41.4
41.2
3.2
' 40. 5
' 40. 5
3.0
41.4
39. 3
40. ]
39. 9
40. 4
39. 3
41.4
39. 4
40. 2
39. 9
40. 6
39. 5
4(). 4
39. 6
39. S
41. i
41.5
41.8
41.0
39.9
40. 2
41.9
41.6
41.3
41.2
40. 9
40. 9
42. 1
42. 2
41.9
40. 6
40. 6
40. 8
41.9
41. 1
40. 5
41.0
40. 6
41.6
41.9
40. (i
39. 4
41.3
40. 8
41. 6
41. 8
40 7
39. 3
41.2
' 40.8
41.6
42. 1
' 40. 4
r
38. 7
'• 4(1. 9
' 39. 6
i
1
i
40. 9
39. 3
40. 2
40. 6
40.7
39. 8
41.2
41.8
40.9
40. 9
41.6
40. 3
40. 7 I
41.6
40. 2 \
40. 8
41.7
40.1
40. 6
41.4
39. 7
41. 5
41.8
40. 3
&!
40. 6
41.2
41.7
40.2
41.5
41.6
40. 3
41. 9
41.9
40.7
41.8
41.8
40. 6
42. 9
44.3
42.3
41.2
39. 6
43.1
44.5
42. 3
41.1
39.7
4.2. 0
42. 5
42. 0
40. 6
39. 2
41.6
41.9
41.7
40.8
39. 5
i
i
i
1
41. 7
42. 2
41.3
40. 8
39. (J
41. 2
41.4
41.0
40.3
39.0
42. 2
43.1
41.2
40. 7
39. 5
42.3
43.2
41.4
40. 9
39.7
42. 0
42.8
41.4
40. 7
39. 2
40.8
40. 3
41.5
40. 7
39. 8
41.9
42. 1
41 . 7
41.1
39. 9
4o 7
'43.9
Ml.P,
41.1
40.1
' 42. 8
44. 3
Ml. 3
41.0
39.8
43.0
44.8
41.3
41.1
39.7
39.7
39.4
2.6
41.1
40. 0
40. 5
35. 9
42. 8
39. 2
39. 6
2.4
40.4
38. 5
39.8
35. 5
42 3
39. 2 :
39.7 i
39. 4
39.8
2. 6
40. 4
37. 3
40. 3
36. 6
4° 5
38. 9
39.3
2. 4
40. 0
34.7 '
39. 8
35.6
41 9
39. 6
39.7
2. 6
40. 8
38. 7
40. 6
36. 4
4° 5
39. 8
39. (i
2.8
41. 2
40. 3
41. 0
36. 3
43.0
39.8
39. 5
2.8
41.4
38.8
40.4
36. 3
42.9
40. 0
39. 6
2.8
41.4
40. 2
40. 7
36. 8
43.1
39. 9
39. 7
3.0
41. 6
39. 7
40 6
36. 3
43. 2
39. 9
39. 8
°. 9
41.2
r
39 7
'41.3
36 3
43.2
• 39. (i
* 39. 5
T
2.8
41.0
r
38. S
'41.3
35. 8
r
42. 9
39. 9
39. fi
2.8
41.2
39.9
41.1
36. 2
42.9
38. 4
41.7
41.9
41.4
40.5
36. 6
38. 3
41. 7
42. 3
41.6
40.7
37. 9
38. 2
41.6
42.4
41.6
40. 5
38 0
38. 5
41.4
41.6
40. 6
41.0
38. 4
'41.4
r
4l.7
41.0
41.1
87. S
38. 2
HX :',
38. 6
41. 5
42.2
41. 7
41.4
37 5
38. 9
41. ti
40.8
40. 8
41.4
38. 5
42.1
41.6
39.2
42.1
r 4\ ^
T
246
r
jf!4
INDEXES OF WEEKLY PAYROLLSt
Construction (construction workers) t- 19/57- 59= 100..
Manufacturing (production workers)!
- do
!VIinin <T (production workers)!
do
r
149. 7
122.6
92. 8
r
r
131.3
121.5
89.8
122. 1
HOURS AND EARNINGS t
Average, weekly gross hours per production worker
on payrolls of nonagne. estab., unndjnsted:f
All manufacturing estab., unadj t
..hours...
Seasonally P djusted
do
\veraL T e overtime _ _ _ _
_
do
Durabl^ ^oods industries
do.
Seasonally adjusted
do
Average overtime
do_
i
1
,.„
r 41 . 2
'41.1
' 3. 1
r 4] 3
41 ! 5
' 40. 6
39.!*
'•41.5
41.8
r 40. 3
r
Average overtime
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and re1?>t°d products
do ,
dodo
do
do
2.5
40.9
39.0
39. 9
35. 4
42. 5
2 7
4(7. 9
38.6
40. 0
36. 2
42. 5
39.6
39. 5
2.7
41.1
38.9
40. 5
36. 2
42 5
Printing, publishing, and allied hid
Chemicals and allied products
Petroleum refining and related ind
Petroleum refining
._
..
Rubber and misc. plastic products
Leather and leather products
do
do
do
do-- do
do
38.2
41.4
41.3
40.9
40.4
37.4
38. 3
41. 5
41. C
41.2
41 . 0
37. 6
38. 2
41. 4
41.6
41. 3
40.9
36. 8
38. 6
41. 7
41.5
41.4
41.2
37. 6
38. 0
41.3
41. 6
41.8
40.8
37. 7
38. 1
41. 2
40.5 !
40. 7
40. 6
37. 4
38. 4
41.4
40. 7 i
40.9 j
40.7 !:
36. 9
38. 1
42. 0
42.2
42. 2
40. 1
35. 5
40. o
41.4
35. 8
41.8
41. 0
41. 5
« 36. 6
42. 0
40.9
41. !
36.2
42. 2
40. 9
41.0
38.3
40.9 i
41. 1 |
39. 0 1
41.7
40.5 l
41. 1 :
36. 7 i
41. S
41.3
40.8
38. 1
41.9
41.9
41.3
39.4
41. 9
42. 7
41. 7
41. 0
42.3
41.2
40 8
42.6
40. 9
40.9
39.1
41. 7
42.4
42.0
41.0
38. 0
42. 6
36.9
35.8
40.3
36. 2
37.0
35. 6
40. 5
36. 3
36.3
35. 2
39.4
35. 6
34.8
33.4
36.6
35.0
35.4
34.4
38.1
35. 1
34.7
33.7 ;
36.9
34.5
36.2 :
35.2 i
39.1 !
35.8 I
37.3
36.2
41.2
36.5
38.0
36.6
41.9
37. 1
38.4
36. 6
42. 9
37. 5
38. 5
37. 0
43.2
37.4
38. 8
37. 2
43. 5
37. 5
38.3
36. 6
42.9
37. 2
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transporation and storage -do
Telephone communication
___do
Electric, gas, and sanitary services
do
Wholesale and retail trade.'
do
Wholesale trade
do
"HetaP trade §
do ...
42. 9
41.6
39.4
40.9
38.8
40.5
38. 1
42. 6
41. 5
39.9
41.0
38.7
40.6
37.9
42. 3
41.2
40.9
41.2
38.4
40. 6
37. 5
42. 2
41.6
39. 9
41.5
38.9
40.8
38.1
41.7
40.7
39.5
41.1
38.4
40.4
37. 6
41.8
41.0
39.8
41.1
38.4
40.3
37.5
41.9
41.2
39.6
40.9
38. 4
40.4
37.5
42.0 1
41.2 :
39.5
41.0
38.5
40. 4 I
37.7
42. 7
41.6
39.7
41.0
38.5
40.6
37. 6
43. 0
42.2
40. ()
41. 3
38.9
40. 7
38.1
42. 6
41.7
40.3
41.2
39 2
40.8
38.5
42. 5
42.3
40. 1
41. 3
39. 2
40. 7
38. 5
42.1
42. 0
40. 5
41.4
38. 6
40. 6
37. 7
42. 0
42. 3
' 40. 4
41.4
38.4
T
40.7
37. 5
39.6
38. 8
39.1
38.9
38.7
38. 7
38. 4
38.6
38.4
38.4
38.4
38.2 ;
38.4
39.4
38. 6
39. 5
38.5
39. 6
40. 3
39. 1
40. 6
39. 0
i
39.2 !
39.1
39. 1
39. 0
96. 56
104. 70
116.31
79. 20
97. 36
105. 78
117.71
79. 00
98. 01
107. 53
120. 10
78. 40
97. 44
105. 82
97. 20
106. 23
119.65
119.65 118.20 i 115.14
77.22 ! 77.81 j 78.41
99. 23 ; 100.37
108. 36 1 109.82
117.67 ! 118.24
80. 60 i 82. 62
99. 23
108. 09
Furniture and
fixtures..
Stone, clay, and glass products
Primary metal industries
do _-. 76. 40
95. 24
do
114.84
do
79. 37
98. 57
119. 80
80. 16
100. 53
117.91
81.58
97.84
79. 00
97. 36
120. 39
120.80
Fabricated metal products
Machinery
Electrical equipment and supplies
do
do
do
100. 85
107. 42
94. 47
104. 81
113.01
97.44
105. 22
112. 75
98. 66
106.30
105. 52
114. 53
100. 21
114.40
41.7
42.3
40.7
38. 6
38.9
Average weekly gross earnings per production
worker on payrolls of nonagric. estab. :f
All manufacturing establishments!..
dollars.. 92. 34
100. 35
Durable goods industries
do
113. 29
Ordnance and accessories
do
Lumber and wood products
_ do .-- 76. 83
41.3
39.7
41. 8
40. 6
41.2
42. 1
41.3
41.1
41.4
38.3
40. 6
37.3
Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plants.do
40. 8
40.5
3.0
41. 5
41.4
3.2
Nondurable goods industries, unadi , ._ do
Nonmanufacturing establishments : t
Mining 9
_. do
Metal minin° r
do
Coal minimi
do
Crude petroleum and natural iras__
do
Contract, construction
General building contractors
Heavy construction
Special trade contractors
do
do
do
do
i
I
1
r
41.4
"41.7
'41.7
41.0
r
37. 2
'42.3
r
39. 0
42. 5
41.3
40 8
38. 0
42. 0
r
38. 9
37. 3
43. 6
37. 7
36. 3
35. 0
40.0
35. 7
|
77. 03
97. 93
113. 40 122. 22 128. 27 129. 73 124. 74
Transportation equipment 9
do
96. 87
99. 80 101.35 101. 52
Instruments and related products
do
99.88
75. 84
78.21
78.41
79. 58
Miscellaneous mfc-. industries
do
80. 19
r
ft
Revised.
*> Preliminary.
Average for 11 months
1
Includes Post Oflk-e employees hired for the C "iristnias season; 1 here wer e about 1 55,000
such employees in the United States in Dec. 1962.
2 1 5a;ed on u nadjustcc J data.
4(11 :
36. 3
40. 11
36. 2
:'
:
!
1
j
1
j
I
!
j
;
j
i
i
38.4 i
38.6 i
98. 09 • 97. 36
106. 49 106. 37
!
;
117.74
82.42
98. 42
107.01
119.31
84. 45
100. 53
109. 45
121.01
86. 50
r
r
100. 53 j' 100. 85 102, 00
109.71 I ' l l 0.00 111.22
121.13 '120.66 1 122.25
* 85. 68 '81.97 ! 81.78
79. 60
81.39
103. 07 104. 41
122.21 \ 122.91 i 127.82 i 127.30 i 129.55
81.19
83. 20
84. 03
104. 33 '< 104.50
84.03 r 83. 43 j 84. 85
104.33
105. 67 103. 75 1 101.09
125.77 ! 123.02 i 123.73 [••122.41 '123.42 1 126.07
105.01 105.67 ! 104.75 ; 108.32
114.82 ; 115.51 ' 113.85 i 115.79
98. 09 i 97. 84
96. 87
98. 74
108. 84
117.04
99. 88
107. 53
108. 32 ' 110.20
115.51
115.23 i 117.32
98. 74 j 100.53
125.76
100. 94
79.40
126. 90
101. 84
80.19
125. 58
100. 94
79.18
79.19
97. 36
123.14
101.18
80. 19
79.19 I 78.01
99. 47 i 101. 11
123.85 \ 121.54
101. 18 : 99.14
80. 39
79. 17
98. 89
121.58
101.34
79.60
109. 93 '• 109. 15 ! 110.51
117.04 '117.88 | 119.71
100. 28 ' 100. 35 ! 101.75
I
127.80 i' 131. 52 '132.68 133. 73
102. 75 I'' 102. 75 '-102.50 103. K;
80. 60
81. 40 '81.19
81.78
tSee eorrespondin S note, 1wltom p . S-13.
9 Ind ides dat a for ind ustriesn ot shown
separately.
§Excep t eating jind drin dug places.
SURVEY OF CURRENT BUSINESS
.Tnmiiirv 1064
Unless otherwise stated, statistics through l%2
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
1962
Nov.
S-15
1963
i
Dec.
I
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept, ! Oct.
Nov.
Dec. v
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per production
worker on payrolls of nonacrie. estab.t — Ton.
All manufacturing estab.f — Continued
Nondurable goods industries
_ _ . dollars..
Food and kindred products
do
Tobacco manuffictures
do
Textile mill products
do
Apparel and related products
do
Paper and allied product''
Prin f in f r publishing and allied ind
Chemicals and allied products
Petroleum refining and related ind_
Rubber and misc plastic product1-'
Leather and leather products...
Nomnanufacturing establishments^
Mining 9
Metal mining
Coal minincr
Crude netroleum and natural gas
Contract construction
General buildinp- contractors
TTeavv construction
Special trade contractors
82. 92
88. 75
69. 42
65. 04
86. 24
92. 52
73.15
67. 26
60. 35
85. 85
92. 63
69. 70
68. 00
61. 54
86.68
93. 32
73.11
68. 51
62. 59
85. 97
92. 40
68. 71
67. 26
60.16
87. 52
94. 66
78.17
69. 02
61. 52
88. 36
95. 17
81. 81
69. 70
61. 35
88. 36
95. 63
78. 76
68. 68
61. 71
88. 40
93. 98
73. 57
69. 19
63. 30
45
05
81
31
15
83
102. 00
107.62
109. 98
126. 88
100. 04
64. 67
103. 28
108.49
110.95
127. 71
100.61
64. 03
104.43
109 °4
112.17
126.99
101.76
65. 05
103. 21
107 16
111.10
130. 62
100.37
65. 60
102. 97
108. 20
110.83
126. 36
99. 88
64. 70
104.13
110 21
111.37
128. 61
100. 12
64. 58
102. 24
108 97
113.40
133. 77
98. 25
62.13
104.55
1 10. 21
112. 59
131.57
99. 23
64. 42
106. 21
110.69
113.42
133.25
100. 53
66. 70
106. 82
110.02
113.98
133. 98
100. 04
66. 12
107. 32
111.27
113.02
130.21
100.86
67.41
108.43 '•I 08. 43
112. 71 111.74
114.13 '113.85
134.20 '131.77
102.67 101.93
67. 66
67. 13
'107.68
'111.16
'113.85
'133.02
'102.50
-66.59
_ _ do
do
do
do
10^.92
113.44
110.62
105. 75
110.70
117. 45
113. 09
109. 20
110.02
116.31
110.77
109. 30
111.66
116. 85
119. 11
111.61
111.66
116. 16
120. 43
110.09
112. 48
117. 14
121.29
110.51
110. 97
118.37
113.77
110.77
112.75
117.50
117.73
111.45
114.39
117.71
1 22. 1 1
1 10. 62
117.85
118.85
128. 74
1 12. 06
116.69
108. 19
112.36
115.08
118.08
118. 18
113.32
117.04 '1 16. 75
12] .06 r 120. 60
123.48 '121.68
113.67 "•I 13. 05
do
do
do
do
118 08
108. 83
120.09
123. 44
122 47
112.50
122.31
128. 50
121.61
113.34
118.99
127. 80
108. 55
112.00
127. 40
us. 67
121. 07
111.11
115,82
128. 47
118.33
.108.85
110.70
125. 93
1 13! 34
117.30
130. 31
124.58
115.84
122.36
131. 40
128. 06
117.85
126. 96
134.67
1 30. 90
120 62
135. 22
136. 14
132. 70
l'» (]•>
137.03
137.25
132.90
121 88
136.85
137.64
134. 98
124.58
'138.65
139.49
124.87
116/M)
124.00
131.38
102.30 102. 48
120.12 '120. 13
105.30 '•105.04
123 37 M22 96
103.15
117.29
106.45
193 79
77. 95
100. 94
f)8. 25
101. (19
68. 26
74. 97
96. 79
75. 35
96. 78
;: ;:
118 5.8
132.13
135.75
100. 01
115.23
101.35
120.77
98. 83
111.93
99. 94
119.19
100.32
114.39
101.09
119.60
99. 72
114.95
100. 58
119.02
100.38
115.36
99. 94
119 31
102. 48
117.31
101.24
119 79
103. 63
118.58
102. 00
"121 42
72 56
93. 56
64 01
75. 08
96. 22
65 95
75. 26
97. 44
66 38
75. 47
98.74
66 9f)
76. 03
97. 36
66. 93
76. 03
97.93
66. 75
7«. 42
98 58
66. 75
76. 62
98. 58
67.48
77.39
99.47
67. 68
69. 38
89. 75
71.80
93. 46
94! 13
73. 30
94. 57
74. 23
9f>. 38
74. 40
95. 69
74. 23
95. 71
74. 23
95. 44
45. 14
41). 28
46.14
50. 57
47. 60
50. 70
47. 23
50. 57
46. 85
50. 69
47. 23
50. 04
46. 85
50. 95
2 39
2 25
i! 49
2. 42
2.39
2. 56
2.48
2.41
2.33
2. 58
2.49
2.42
2. 34
2.61
2.51
2.43
2.35
2. 60
2.52
2.43
2.35
2.61
2. 52
Ordnance and accessories.
do
Lumber and wood products
do
Furniture and fixtures
__ do
Stone, clay, and glass products
do
Primary metal industries
do.
Blast furnaces, steel and rolling mills.do
2.77
1.95
1.91
2. 34
2 90
3. 20
2. 83
1.99
1.95
2.41
2.98
3.29
2. 85
2. 00
1.96
2.44
2.97
3.28
2. 88
2. 00
1.98
2.44
2.98
3. 28
2.89
1.96
1.97
2.44
2.99
3. 30
Fabricated metal products
Machinery
Electrical equipment and supplies
Transportation eQuipment9
Motor vehicles and equipment
\ircraft and parts _
Instruments and related products
Miscellaneous mfg. industries
do
do
do
do
do
do
do
do
2 49
2. 69
2. 35
2.80
2 86
2.77
2. 38
1.92
2.55
2 71
2.40
2. 91
2 99
2.87
2.44
1.97
2.56
9
73
2 43
2.99
3.09
2 91
2. 46
1.98
2. 53
9 74
9
45
3. 01
3. 11
9
93
2.47
2. 02
2. 58
2. 75
9
43
2. 97
3.05
do
do
._ do _
_ do
2.16
2 09
2.24
1.85
1.68
1. 69
2.40
2.18
9 11
2 26
1.86
1.69
1.69
2. 43
2. 84
2. 68
3. 07
3.21
2. 46
1.74
2.83
2. 69
3. 00
3. 20
2.47
1.73
2 8°
2. 69
:i. 14
3. 29
0
do
...do
do
Finance, insurance, and real estate:
Banking
_
do
Insurance carriers
_
_ do
Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plants._ do
Average hourly gross earnings per production
worker on payrolls of nonagrie. estab.:|
All manufacturing establishments!
dollars...
Excluding overtimed"
do
Durable goods industries 1
do
Excluding overtimed
do
78. 79
99. 55
69. 30
78. 79
99. 72
69.30
78. 36
100.69
68. 61
74. 40
95. 57
74. 40
96. 13
74. 77
96. 65
74. 40
96. 66
75.14
96. 72
46. 08
52. 40
47.86
52. 54
47. 36
52. 67
47. 96
52. 00
48.31
51.48
48. 22
52. 00
48 09
51 . 87
47.09
52.13
2. 44
2. 36
2. 61
2. 53
2.44
2.37
2. 62
2. 54
2. 45
2.37
2.63
2. 54
2. 46
2.37
2.64
2.54
2.45
2. 37
2. 63
2. 54
2. 43
2. 35
2. 61
2. 52
2.47
2.38
2. 65
2. 55
2. 47
2. 38
2. 65
2. 55
2. 49
2. 40
'• 2. 67
' 2. 57
2.50
2. 41
2.68
2.58
2.89
1.96
1.97
2.44
3. 01
3. 32
2. 89
1.98
1.97
2.45
3.02
3. 34
2. 85
1.98
1.96
2. 46
3. 08
3.44
2.87
2.02
1.98
2.46
3. 06
3. 38
2.87
2.02
1.99
2.48
3. 07
3. 39
2.90
2. 03
1.99
2. 49
3. 06
3.37
2.91
2.08
2. 00
2. 49
3. 03
3.33
2. 93
2.12
2.02
2. 50
3. 04
3.35
2. 94
2. 10
2 02
2.51
3. 03
3.33
' 2. 95
2. 07
2. 02
2. 50
3. 04
3. 33
2.96
2. 06
2. 03
2. 49
3.06
2.58
2. 76
2 44
2. 96
3.04
2. 58
2. 75
9
44
2. 95
3. 03
9 90
2.46
2.03
2,61
2. 61
2. 78
2. 46
3. 00
3.07
2 94
2.49
2.02
2.61
2 77
2" 46
2. 99
3.05
2. 95
2.48
2. 02
2. 61
2.63
2. 80
2. 47
3. 05
3.14
2. 99
2. 50
2. 02
2. 63
2. 80
2.47
T
3. 08
3.18
2. 99
' 2. 50
2. 03
' 2. 63
* 2. 82
2. 65
2.83
2. 50
3.11
3. 23
3. 00
2.51
2.06
2.22
2. 1 4
2 31
2. 03
1. 70
1. 69
9
47
2.22
2.15
2.31
2. 03
1.70
1.70
2. 49
9 93
9 9'")
2. 16
1.83
1. 70
2. 24
2. 16
2 30
1. 80
1.72
2! 49
2. 51
r
2. 17
9
34
f 1.89
1.75
'1.70
• 2. 51
2.88
2. 74
3. 1C
3. 34
2. 47
1.74
2.89
2.92
2. 75
3! 18
3. 35
2. 48
1.79
2.91
2. 75
-3. 16
3. 33
2. 48
1.79
9 q9
9 Q9
2. 46
2. 03
2. 48
2. 03
2.19
2.20
9 19
9
9 J3
2.19
9 13
9
31
1.92
1.70
1.70
2.44
2. 20
9 13
9
31
1. 96
1. 70
1.71
2. 45
2. 21
9 14
9
31
1.98
1 . 69
1. 69
2. 44
2. 21
9 14
2.87
2.69
3. 16
3. 30
2. 46
1.75
2. 86
2.70
L74
2.84
2.69
3. 12
3.26
2. 46
1.73
I! 75
2. 87
2. 70
:}. 14
3. 31
2. 45
1.76
2.89
2. 72
3. 15
3. 33
2.47
1. 76
2.74
2 88
3. 10
2. 65
3. 39
3. 00
3. 64
2. 73
9
88
3. 09
2. 66
3. 34
3. 20
2. 97
3. 60
2. 73
9
85
3. 1 0
2. 64
3. ?>7
3. 22
3. 03
3.63
2. 72
2.76
2. 86
2.85
3. 14 ~~~2.~65~
2. 68
3.40
3. 38
3. 2(i
3. 24
3.13
3. 08
3. 64
3. 62
9
45
2. 98
3. 06
2 99
2.48
2.01
do
do
Printing, publishing, and allied ind
Chemicals and allied products
Petroleum refining and related ind
Petroleum refining_
Rubber and misc. plastic products
Leather and leather products
_-
do
do
do
do
do
do
2 75
2.58
3.01
3.10
2.38
1.68
2.81
2.65
3. 05
3.19
2.44
1.72
do
do
do
do
.do
do
do
2.64
2. 74
3.09
2.53
3. 20
3. 04
2.98
3.41
2. 70
2.83
« 3. 09
2.60
3.31
3.16
3. 02
3. 54
69
2 83
3.06
2. 59
3.35
3.22
3.02
3 . 59
2 73
2 85
3.11
2. 62
3.41
3. 25
3. 06
3.64
2. 73
2 84
3. 08
2. 64
3.42
3.23
3. 04
3. 66
2. 75
2 85
3.11
2. 65
3.41
3. 23
3.00
3. 65
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage .do
Telephone communication
do
Electric, gas and sanitary services
do
2.29
2.61
2.37
2. 74
2. 35
2.73
2.48
2.85
2.37
2. 75
2.52
2.89
2.37
2. 77
2.54
2.91
2. 75
2. 53
2. 90
2.40
2.79
2.54
2. 91
2.79
2. 54
2. 91
2. 39
2. 80
2. 53
2. 91
2. 40
2. 82
2. 55
2. 92
2.41
2.81
2 ,55
2 94
1.98
2.43
1.78
1.99
2.44
1.78
1.99
2.44
1.79
2.01
2.45
1.80
2. 01
2. 46
1. 81
Non manufacturing establishments:!
9 99
1.90
1.69
1. 70
2. 44
1.87
1.94
1.94
1.96
1.98
Wholesale and retail trade
do
2.37
2.31
2.42
2. 41
2.40
Wholesale trade
_do
1.68
1.74
1.77
1.74
1.78
Retail trade§
do
Services and miscellaneous:
1.14
1.23
1 22
1.18
1.23
Hotels tourist courts, and motels.
do
1.31
1.31
1.32
Laundries, cleaning and dyeing plants. _do
1.27
1.30
a
••Revised.
* Preliminary
Average for 11 months. §Excep t eating a nd drink^ing
places.
fSee corresponding note, bottom p. S-13.
9 Includes d ata for iiidustries not
-----
78.19
100.12
68. 96
2. 59
2. 77
9
44
2.97
3. 04
9
91
2.48
2. 03
28
1. 88
1 . 69
1 . 68
2. 44
r
103.28
119.71
102.26
191 I9
\pparel and related products
Paper and allied products
do
103.
118.
102.
121
!
108.11
113.98
114. 40
130.56
103.91
68.92
09
85
36
13
2.11
2 05
2.17
1.78
1.63
1.64
2. 34
Metal mining
Coal rninin cr
Crude petroleum and natural gas
Contract construction
General building contractors
ITeavv construction
Special trade contractors
90.17
96.82
76. 61
72.34
63.71
113.99
119.14
118.18
111.72
do
do
do
do
do
do
58. 06
99
105.
106.
124.
90.
62.
100. 25
113.30
103. 07
119.07
Textile mill products _ _ _ _ . _ -
••89.10
95. 94
' 73. 33
r 72. 28
r
63. 01
86. 94
93. 71
75. 20
68. 45
60. 31
100. 11
113.30
98. 95
116.85
Nondurable goods industries
Excluding overtimed1Food and kindred products
Tobacco manufactures.-
88.98
94. 35
T 71.46
' 71.04
64. 25
86. 33
92. 89
72. 35
68. 45
61. 18
Transportation and public utilities:
98. 24
Local and suburban transportation,. ...do
Motor freight transportation and storage-do ... 108. 58
93. 38
Telephone coinm unication
do
112 07
Electric gas, and sanitary services
do
Wholesale and retail trade
Wholesale trade
Retail trade §
89. 38
95. 68
71. 46
69. 83
64. 25
85. 54
91.62
71.41
68. 21
61.18
3.' 34
9 39
2. 02
1.70
1.69
9
45
2. 98
3. 04
2. 96
2. 49
2. 00
2.21
2. 13
3! 13
3.31
2. -46
1. 76
3. 11
2 66
3.42
3.28
3.15
3. 66
2.78
2 91
3. 1 5
2.70
3. 47
3. 33
3.19
3.70
2.42
2.85
2. 54
2. 94
2. 43
2. 83
2. 55
2. 94
2.43
2. 86
2. 60
2.98
2.01
2.44
1.80
2.01
2. 45
1.80
2. 03
2. 48
1.82
2. 74
9
$%
r
r
9 9Q
' 1.80
1 . 72
1.77
2. 51
2. 76
r 9
99
3.12
r
2. 66
3. 47
3. 34
' 3. 18
3. 70
r
r 2. 49
3.10
•' 3. 22
3. 00
' 2. 50
r 2. 04
' 2. 91
3.' 19
3. 36
•- 2 50
1.79
2. 26
2.18
2 35
1.92
1 . 76
1.76
2. 52
2. 93
2.75
3. 20
3.36
2. 51
1.79
2. 76
9
99
3.11
9
66
3. 44
3. 32
3. 10
3. 68
2. 84
2. 60
' 2. 97
2.45
2.84
9
59
±99
2. 03
2.48
1.82
2. 03
2.49
1 83
r 2. 44
r
1.19
1.22
1.23
1.24
1.23
1.20
1.23
1.19
1.22
1.32
1. 33
1.33
1.34
1.33
1. 32
1.33
1.33
1.33
11
shown separate ly. d Derived jy assuri ling that overtim 3 hours are paid a t the rate3 of time
and 01le-half.
1.23
1.31
SUEVEY OF CURRENT BUSINESS
S-16
1962
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
January 11)64
1962
Monthly
average
1963
Nov.
Dec.
Jan.
Feb.
Mar.
Apr. i
May
June
July
Aug.
Sept.
Oct. | Nov. | Pt-e.
3 10?
4. 540
1 09
2. 750
2 44
3 130
4 585
3 130
4 591
3 130
4' 602
EMPLOYMENT AND POPULATION— Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages (ENR): §
Common labor
$ per hr
Skilled labor
_ do _
Farm without board or rm , 1st of ino
do
Railroad wages (average, class I)
do
Road-buildirg com labor (qtrly )
do
LABOR CONDITIONS
Help-wanted advertising, seas, adj
1957=100.Labor turnover in manufacturing estab.: f
Accession rate, total _mo. rate per TOO emnlovees.
Seasonally adjusted
do
New hires
do
Separation rate, total
-do _
Seasonally adjusted
do
Quit
^° LavofT
- - __do _ _
Seasonally adjusted
do
Industrial disputes (strikes and lockouts) :
Beginning In month:
Work stonpages
number..
Workers involved _ __
thous...
In effect during month:
2 827
4. 100
i .99
2. 67-5
i 2. 14
2. 946
4.348
i 1 . 01
2.740
i 2. 31
85.9
100. 1
95. 9
4.1
4.1
9 9
4.0
2.5
4. 1
1 2
9 9
1.4
2.0
3.0
3 8
1.8
4.0
3 °
1.1
2.3
1.9
301
102
2».l
121
AVorkers involved
thous
1,550
1. 3(iO
M.an-days f di@ during month
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
500
402
NTonfarm placements
thous
Unemployment insurance programs:
2 2,481 M.924
Insured' unemployment all programs
do
State programs:
2 992
4. 426
2.760
2. 785
3 Oil
4. 447
1. 13
2.756
2 ?9
3 Oil
4. 452
3 014
4. 454
2.815
2 773
95. 2
97. 5
100. 5
2.4
3.8
1.2
3.8
3 8
.8
2.5
2 0
3. 6
3 7
1.9
4.0
4 0
1. 1
2.0
3.3
3 9
1.8
3. 2
3 7
1.0
1.0
1 8
230
81
133
45
230
75
442
171
981
331
146
1 , 330
360
IS"
2, 340
434
459
."33
21,772
2
2, 290
1 353
1,625
1 747
2. 063
4.0
4.6
1 . 29*3
3 016
4. 454
1. 11
2. 756
2. 18
3 060
4. 480
3 072
4.487
2. 749
2. 785
98.5
100.2
95.9
' 94.7
96.2
94.0
92.9
P 99. ft
3.9
4. 1
4.0
3 8
3. 6
4 0
1.4
1.5
18
4.3
4 0
2. 7
4.1
4 0
1.4
?. 0
1 9
4.8
3. 7
3.2
4. 7
4 2
2.1
1.9
2 0
4.8
3.9
3.1
4.9
3 9
2.4
1.8
1 8
'3.9
-3 9
9 6
3 6
4 0
1.3
1.6
1.8
4.8
3 o
3 3
3.4
3 8
1.4
1.4
1 7
2.8
3 5
1 8
3.7
3 6
1. 1
2.0
1 7
225
45
350
100
425
125
450
135
400
115
75
300
100
290
95
3?0
120
1, 100
350
90
1,110
475
130
1,050
600
165
1, 750
675
190
1,740
550
~(Y]
1 55
1 100
160
1. 500
423
2 7° 5
1 738
2
1,568
2
611
1 606
21.531
4.1
1.5
1.9
1 7
1.372
973
1 , 468
1 351
1.493
1 OS 6
1. 419
1. 261
4 8
2.174
34? 4
6. 2
4.6
2 256
313.3
5 0
4 4
2.105
316 4
4. 7
4. 2
1 800
274. 8
3.9
4 2
1 . 464
235 9
3.5
4 1
1.327
188 ?
3. 6
4 1
1 238
1% 0
3.4
4 ?
i 220
186 8
4 0
1. 107
163 1
38
35
31
28
26
30
29
58
61
8.8
90
42
45
6.3
31
44
38
5 9
29
45
42
6.2
64
10.9
5
57
11.0
4
49
9.0
4
39
7.3
11
32
5. 6
46
39
5 9
2 589
7. 076
2 260
4, 816
2 658
7, 382
2. 204
5, 178
2 696
7. 542
2, 084
5, 458
2 697
7, 239
2 049
5.190
O 7}->
1 . 445
?8
77
77
10.0
20
47
44
6.8
2
28
25
71
72
9.9
4.4
193. 6
5.1
4.7
1.502
214.2
33
29
29
31
37
28
28
50
47
6. 6
29
39
57
51
7.3
31
65
56
7 7
11. L
17
62
11.1
10
61
10.4
12
61
10.4
13.7
6.3
73
19
73
957
3.0
_
"
493
662
664
2
1 079
1.624
1,525
223. 0
16.8
2, 055
57 l)
612
2
575
185
1 090
6^0
ooo
060
1 ?16
i f ] i9
5. 6
23
91
2. 461
2
99
1 1°7
2, 298
2, 591
2, 004
2X5 2
07
65
9.0
581
496
2
0
3 130
4 602
2 45
1 808
2. 5-16
? 109
3 l i;jr )
4 611
« 1 14
p 100.3
3.5
3 8
2.0
3. 5
3 8
1.2
1.7
1 8
200
60
2
2. 220
1, 309
1 . 783
1,51(5
Insured unemployment, weekly avg_..do
Percent of covered employment:^
Unadjusted
Se'isonillv adjusted
Bene'Hciarie^ 'weekly average
thous
Benefits paid
mil $
Federal employees, insured unemployment
thons__
Veterans' program (UCX):
Initial claims
do
Insured unemployment, weekly avg _ - d o _ _ _
Beneficiaries, week1. v average.
do _.
Benefits piid
mil $
Railroad program:
Applications
thous..
Insured unemployment, weekly avg-.-do. ..
Benefits paid
'
_ mil. $
2 992
4. 423
2
1.667
1 15"
1.333
1 200
1. 542
3. 1
4 1
• 070
17° 0
3.6
4 2
1 127
165 0
32
40
..7
31
43
?8
5 9
29
48
39
5. 4
15
37
6.9
15
41
6.4
12
41
7. 5
45
9 644
7. 808
? 062
5, 746
? 709
7, 161
•> 0()8
5. 063
2
7
2
5,
733
869
?30
639
8 170 "
2 172
5, 998
42
FINANCE
BANKING
Open market paper outstanding, end of mo.:
Bankers' acceptances
mil $
Commercial and finance co. paper, total
do
Placed through dealers
do
Placed directly (finance paper)
do.. .
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total end of mo
mil $
Farm mortgage loans:
Federal land banks
. do
T^oans to cooperatives
<^o
Other loans and discounts
do
Bank debits:
Unadjusted:
Total (344 centers)
bil $
New York City
do
6 other leading centers! _ __
_
do.. _
Seasonally adjusted:
Tot°l (344 centers)
do
New York City
do
6 other leading centers^
do
3^?7 other centers
do
3
2, 683
3 4, 686
31,711
3 2, 975
3 9 (550
3
3
3
6', 000
2. 088
3, 912
2,476
7. 091
2, 501
4, 590
2 650
6. 000
2. 088
3, 912
? 593
6 790
2,091
4, 699
? 565
6 996
2.193
4.803
2 059
5. 463
9 744
35,277
3 5, 753
5, 719
5, 753
5. 835
5. 926
6, 024
6, 143
6, 229
6. 326
6. 408
6, 428
6. 430
6 418
6 366
3 2, 828
3 697
31,752
3 3, 052
3
735
3 1,966
3,037
7-J6
1 , 936
3, 052
735
1, 966
3. 069
777
1, 989
3. 089
775
2, 002
3.118
761
2,146
3,147
745
2, 251
3, 176
702
2, 351
3, 198
701
2, 427
3. 218
711
2. 479
3. 240
706
2. 482
3 ?59
735
3,280
848
2, 436
2, 200
3.291
858
2, 21 7
318 0
133. 1
64.4
299 6
125.0
61.7
320 7
1 29. 9
66. 8
300 1
119.5
61.9
310 4
130 3
63.1
337 1
136 9
71.3
2% 6
116 7
63 8
356 9
151 0
74. 6
309. 0
129.8
62 1
r
117. 1
997 0
121.5
61 6
113 9
320
130.
66
122
310
127
63
119
329
140
67
12?
326
133
69
193
7
7
4
6
312 7
T^?
139
69
1?3
286. 4
118.0
58. 5
288.2
1 16. 5
59.4
320. 9
141.6
63.7
'• 325. 8
137.2
66.3
<• 274. 5
116.6
55.2
306. 8
133. 0
62.5
307 8
126.9
64. 2
296. 4
129 2
61.1
113.1
259. 3
106. 6
51.9
306. 4
134. 2
60. 9
111.3
307. 1
128. 1
62.8
'116.2
301. 5
127. 7
61 2
M12.6
303. 6
128 9
61.6
113.0
308 2
125.0
63 9
r
l!9 3
r
r
0
3
9
8
r
3
8
3
2
7
1
0
6
r>5 4
67 3
120 0
8
6
7
5
Federal Reserve banks, condition, end of mo.:
Assets, total 9
mil. $— 354,329 3 56, 020
53, 940
56, 020
53, 872
54, 614
53, 935
54, 612
54, 207
55, 314
55. 594
55, 042
55, 815
56. 336
57. 848
58. 028
331,362 333,902
3 130 3 338
328,881 30,820
316,615 3 15, 696
32, 448
71
30, 454
15. 706
33, 902
38
30. 820
1 5. 696
31,959
87
30, 289
15. 660
32. 608
209
30, 586
15,595
32. 585
201
30. 963
15, 606
32 825
153
31, 182
15. 595
32, 808
208
31, 254
15,524
33. 804
96
32. 027
15. 457
33, 946
338
32. 468
15.346
34. 134
389
32, 391
15.291
34, 302
138
32, 563
15, 309
'35, 919
868
32.758 33. 667
15,310 15 294
36. 418
63
33. 593
15 237
do
3
54, 329 356,020
53, 940
56. 020
53, 872
54,614
53, 935
54,612
54, 207
55.314
55. 594
55. 042
55. 615
56. 336
57, 848
58 028
do
do
318,451 318,722
317,387 317,454
329,305 330,643
17,741
16, 648
30, 092
18. 722
17, 454
30, 643
17,989
16,644
29 846
18. 205
16.850
29. 868
18. 046
16. 748
29, 934
18, 222
16, 904
30, 010
17, 573
16, 574
30, 303
18. 188
16, 965
30 670
18. 044
16.971
30 959
17.860
16, 782
31 178
18, 093
16, 772
31 265
18.187
16. 922
31 472
18. 200
16. 952
32 ?9()
18. 391
17,049
32 877
Reserve bank credit outstanding, total 9 -do
Discounts and advances -.
do
U.S. Government securities
do
Gold certificate reserves
- .
do
Liabilities total?
Deposits, total 9Member-bank reserve balances
Ratio of gold certificate reserves to deposit and
32.8
31.8
32.7
FR note liabilities combined
percent— 334.8 331.8
T
Revised.
f Preliminary.
i Quarterly average.
" As of Jan. 1, 1964.
2
Excludes persons under extended duration provisions (thous.): 1962—Nov., 8; Dec., 3;
1963—Jan., 1; Feb., 2; Mar., 4; Apr., 34; May, 60; June, 60; July, 45; Aug., 38; Sept., 36; Oct.,
3
31; Nov., 20.
End of year.
32.4
34. 587
332
32.3
32.5
32.4
31.6
31.3
30.3
31.2
30.8
31.0
29. 7
f See corresponding note, bottom p. 8-13.
§ Wages as of Jan. 1, 1964: Common labor
$3.149: skilled labor, $4.636.
cflnsured unemployment as % of average covered employment in a 12-month period.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
Juiiujirv lt>(>4
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
End of year
S-17
1963
1962
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
June
July
Aus.
Sept.
Oct.
Xov.
I
Dec.
FINANCE—Continued
1
120.118 i 20. 040
1
19. 550 119,468
i 572
i 568
i 304
i 149
1419
i 268
19, 604
19.012
592
119
473
20. 040
19, 468
572
304
268
20.035
19. 552
483
99
384
(55, 644 65, 843
97, 958 102, 100
70,118 71. 531
5, 125
5. 002
4, 749
4, 033
13.415 14,321
41.603 50, 386
63,007 65, 843
91,839 102, 109
65,916 71, 531
5. 125
4, 938
4, 749
3,634
12. 030 14, 321
49,023 60, 386
53, 751
54, 538
36, 048
11,175
48, 147
32, 369
24, 514
15, 778
35, If! 35,42 > 35, 956 35, 822
9, 542
9, 928 10, 447 10, 679
79,457 80,672 81, 130 82. 961
35.256 35, 337
''14,295 34,564
4, 550
4.677
5, 64 4
5. 332
6, 434
6, 637
6, 705
6,51 1
15, 626 15, 768 15, 944 1 6, 237
22, 361 22,614 22. 467 23, 100
47. 934 47, 672 47.685 ( 7 , 929
31, 986 3 1 , 4 4 6 i 30. 857 30, 689
24, 423 24,092 24, 3»3 24,311
15, 948 16, 226 1 6, 828 17,240
228. 1
134.7
64.3
29.1
34, 920
9, 221
30. 225
5, 045 I
74, 285
32,797
4, 705
6,159
13,403
21, 194
46, 069
33, 960
26, 609
12, 109
82,947
3 5, 351
5, 928
7, 365
15, 519
22, 812
43, 147
32, 369
24, 514
15, 778
34, 459
8, 590
78, 861
34,680
4, 154
6,085
I 5.399
2 1,793
46.611
31.124
24, 994
15, 487
209.6
121.1
64.7
23.8
228. 1
134.7
64.3
29. 1
225.9
132.2
64.6
29.1
M.97
2 4. 76
24.98
2
5. 28
25.00
1. 78
25.01
2
5. 3 2
Commercial bank credit (last Wed. of mo., except
for June 30 and I )eo . 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
percen*"
New York City
do
7 other northern and easternclties
do
Discount rate, end of year or month (N.Y.F.R.
Bank)
_ __ _
percent.
Federal intermediate credit bank loans
do
Federal land bank loans
do
Home mortgage rates (conventional 1st mortgages) : *
New home purchase (U.S. avg.)
percent,.
Existing home purchase (U.S. avg.)
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
do
Commercial paper (prime. 4-6 months) __ do
Finance Co. paper placed directly, 3-6 mo__do
Stock Exchange call loans, going rate
do
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent..
3-5 year issues
_
do
Savings deposits, balance to credit of depositors:
N.Y. State savings banks, end of yr.or mo-mil. $._
U.S. postal savings 1 _
. _
do
|
|
BANKING— Continued
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total
_ _ mil. $_
Required _
_ __
do___
Excess
do
Borrowings from Federal Reserve banks do
Free reserves
-do
Weekly reporting member banks of Fed. Res. System,
condition, Wed. nearest end of y r - or mo.:
Deposits:
Demand adjust edcJ^
mil $
Demand total 9
do
Individuals, partnerships, and corp
do
States and political subdivisions
do
U.S. Government
do
Domestic commercial banks
do
Time, total 9
do
Individuals, partnerships, and corp.:
Savin PS
do
Other time _
do___
Loans ^adjusted), to talc?
do
Commercial and industrial.
do
For purchasing or carrying securities
do
To nonbank financial institutions
do
Real estate loans
do
Other loans
_ __ _ _ _ d o
Investments total
do
U.S. Government obligations, total
do
NY>tes and bonds
do
Other securities
do
3
3
3.00
34.05
5. 56
3
19. 676
19.219
457
209
248
19. 735 ! 20,017
19. 358 19.537
377 !
480
236
322
158
Ml
64, 495
62, 654
61,143
90 , 176
64, 260
5, 399
4. 537
10, 753
60, 954
63, 281
91, 562
65, 834
5,329
4. 254
11,078
52.150
61,811
90, 700
65, 005
4, 772
3, 68 4
12, 072
53. 418
63, 699
90, 720
66. 791
5, 054
2, 760
11,010
51, 302
95, 1 98
65, 724
4,992
6,897
11,995
54, 910
92,818
66, 795
4, 968
4, 920
10. 874
55, 581
61. 528
83, 012
64, 024
4,715
3, 759
10, 710
56, 326
95. 237
66, 320
4, 902
6, 229
12, 270
82, 280
35, 068
4, 931
6, 583
16.537
22.817
47, 563
29, 9(56
24,047
17, 597
36,518
11, 234
84,311
35, 391
5, 359
7, 306
16, 829
22, 743
47, 991
29, 789
24, 253
18, 202
36, 741
11, 691
84, 384
55,014
5. 328
7. 624
17,030
23, 283
47. 601
29, 099
23. 894
18,502
36 896
12,181
84. 502
35. 204
5. 044
7,447
17.269
23, 496
46. 6?4
27, 683
23, 724
18.941
37, 342
12, 013
87, 366
36, 145
6 2?9
7, 731
17, 455
23, 647
47, 618
28, 367
23, 400
19, 251
234.8
138. 9
64.2
31.7
240. 3
141.8
66.0
32.5
237. 8
142.4
62. 4
33.0
238. 5
142. 5
62. 1
33.9
240.7
145. 0
61. 7
34.0
228.9
134. 7
64.6
29.6
232. 3
136. 8
65.4
30.1
235.0
137.8
66.7
30. 5
95,172
67. 004
5, 993
4.957
11.414
232. 5
137.4
63.9
31.2
5 00
4.80
4.98
5 30
19. 721 19, 945 20. 004 ••20. 119
19, 254 19. 532 19, 596 r !9,704
467
' 413
408
••415
321
330
313
376
r
137 j
39
95
,92
61,885
56,711
63, 950
67, 882
93,771
69,001
5, 060
2,714
11,569
57,951
104, 101
74, 337
5. 294
4, 5(57
13,331
59,138
37. 534
12, 639
86, 598
36. 296
5. 407
7. 243
17,651
24. 097
37, 699
1 2, 796
88, 578
37, 254
5, 852
7, 226
1 7, 846
24. 874
47. 156
27, 990
23. 150
19. 166
46. 720
27, 92(5
23. 328
18, 794
38, 043
13, 293
92, 966
38. 749
6, 689
8. 592
1 7, 880
23. 846
48. 404
29.018
23.127
19. 386
241. 0
146.3
60. 2
34.5
244. 0
148.8
60. 8
34.4
246. 3
150. 6
60. 8
3-1.9
5. 00
4.7(5
5. 04
5. 29
5.01
4.81
5.01
5 30
5.01
4.78
5.01
5 32
20, 699
20. 194
505
327
178
63. 809
90. 875
67. 322
4. 762
2. 304
11, 452
57, 553
3.00
4.14
5.52
3.00
4.15
5.50
3. 00
4.14
5. 50
3.00
4.09
5.50
3.00
4.10
5.50
3.00
4.09
5. 50
3.00
4.10
5. 50
3. 50
4.16
5.50
3.50
4.28
5. 50
3.50
4.44
5.50
3. 50
4. 50
5.50
3. 50
4.51
5.50
5.90
6.06
3.00
4.15
5.56
5 90
6 06
32.81
;!
2. 97
3 2. 68
3 4. 50
19, 516 ! 19.574
19.090 19,140
434
426
12
1 55
271
313
5.02
4.78
5.05
5.33
2
3.00
4. 00
5. 62
34, 920
9,221
82, 947
35, 351
5. 928
7, 365
15, 519
22, 812
19. 581
19.109
472
172
300
5.92
6.05
5.88
6. 05
5. 86
6.04
5.84
5.99
5.82
5.95
5.82
5.94
5.82
5.93
5. 82
5.93
5.81
5.94
5. 82
5. 93
5.82
5.97
3.13
3.50
33.01
3
3. 26
3
3. 07
34.50
3.00
3.23
3.08
4. 50
3.00
3.29
3.16
4.50
3.07
3.34
3.18
4.50
3.13
3.25
3.13
4. 50
3.13
3. 34
3.1*
4.50
3.13
3.32
3.17
4.50
3! 15
4. 50
3.24
3.38
3.21
4.50
3.41
3. 49
3. 35
4. 50
3. 59
3. 72
3.57
4.50
3.63
3. 88
3. 63
4. 50
3.63
3.88
3.72
4. 50
3.71
3.88
3. 75
4. 50
3. 63
3. 9(5
3.84
4. 50
2. 7 78
3.57
2.803
3.46
2. 856
3.44
2.914
3. 47
2.916
3.48
2. 897
3. 50
2. 909
3.56
2 920
3.57
2.995
3.67
3. 143
3.78
3. 320
3.81
3.379
3.88
3.453
3. 91
3 5l>9
3.97
3. 523
4.04
23.917
539
23, 601
545
23, 917
539
23, 993
531
24. 103
522
24, 436
515
24,360
499
24, 489
493
24, 763
484
24, 777
478
24, 862
472
25, 154
466
25. 236
461
25, 368
45(5
25. (593
452
Total outstanding, end of year or month
rnil.$._ 57, 678 63, 164 61,203 63, 164 62, 462
43, 527 48, 034 47, 052 48, 034 47, 920
Installment credit, total
do
17, 223 19, 540 19, 416 19, 540 19, 582
Automobile paper
do
11,857 12,605 11,960 12, 605 12, 453
Other consumer roods paper
do
3, 191
3,246
3, 246
3,211
3,259
Repair and modernization loans.
do
11.256 12,643 12, 417 12, 643 12, 674
Personal loans_
do
By type of holder:
37, 935 41, 782 41, 256 41, 782 42,335
Financial institutions, total.
do _
17, 008 19, 005 18,847 19, 005 19, 129
Commercial banks
_
do
11,273 12, 194 11.986 12, 194 12, 668
Sales finance companies
do
4, 330
4, 902
4. 861
Credit unions
_ do
4, 902
4. 864
3, 799
4,131
4, 009
4,131
4, 134
Consumer finance companies
do-_.
1,525
1 550
1, 550
1 553
Other
do
1,54(
5, 595
6, 252
6, 252
5, 796
Retail outlets, total
.do
5, 585
2, 421
3, 013
Department stores
do
2, 835
3,013
2, 478
1, 058
1,073
Furniture stores .
do. _
1,073
1, 019
1,049
342
345
319
Automobile dealers
do
345
308
1, 774
1,821
Other
do
1, 821
1, 623
1, 750
14,151 15, 130 14, 151 15, 130 14, 542
Non installment credit, total
do
5. 136
Single-payment loans, total
...do
5, 456
5, 420
5, 456
5,430
4,413
Commercial banks
do
4,690
4. 669
4, 690
4, 685
723
766
Other financial institutions
do
'
751
745
766
T
Revised.
1
2
Average for Dec.
Quarterly average.
3 Monthly average.
cfFor demand deposits, the term "adjusted" denotes demand deposits other than domes tic commercial interbank and U.S. Government, less cash items in process of collection;
for loans, exclusive of loans to domestic commercial banks and after deduction of valuation
reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
61. 989
47, 852
19, 678
12,250
3, 185
12. 739
62, 149
48. 075
19, 930
12,149
3.177
12,819
63, 167
48, 800
20, 376
12, 197
3, 200
13, 033
64, 135
49,484
20, 794
12, 272
3, 245
13, 173
64, 987
50, 307
21, 236
12, 422
3,281
13, 368
65. 491
50, 894
21, 593
12, 459
3,316
13, 526
(56. 308
51, 526
21, 819
12, 607
3, 357
13. 743
66. 538
51,718
21, 725
12 702
3,377
13,914
67, 088
52, 257
67, 746
52, 695
21,971
12, 845
3, 400
14, 041
22, 107
13,040
3, 407
14, 135
42,371
19, 258
12, 556
4, 876
4,138
1,545
5, 481
2, 480
1,027
288
1,686
14, 137
5,479
4, 713
766
42,531
19, 450
12, 460
4. 928
4. 139
1,554
5. 544
2, 566
1.002
315
1,661
14,074
43,149
19, 882
1 2, 506
5,034
4, 174
1, 553
5,657
2, 686
992
324
1, 655
14. 361
5, 562
4, 793
769
43, 723
20, 229
12, 583
5, 139
4, 191
1, 581
5. 761
2, 797
994
319
1,651
14, 651
44, 373
20, 602
12, 693
5, 251
4, 241
1,586
5,934
2,925
997
331
1, 681
14, 680
44, 878
20, 874
12, 807
5, 330
4, 276
1, 591
6, 016
2,999
994
343
1,680
14, 597
45, 375
21, 101
12, 906
5,412
4, 329
1, 627
6, 151
3, 107
1, 004
341
1, 699
14, 782
45, 687
21, 145
13, 073
5. 458
4, 381
1, 630
6, 031
3, 025
1 , 009
321
1 676
46, 462
21.486
13, 302
5, 5(59
4, 461
1,644
6, 233
3,172
1,032
326
1, 703
5, 674
4, 836
838
5, 709
4,893
816
5, 683
4, 874
809
5, 789
4, 879
910
46,161
21, 391
13, 187
5, 529
4, 425
1, 629
6, 096
3, 077
1,015
325
1, 679
14, 831
5, 830
4, 952
878
;
2.378
3 3. 60
22, 357
651
3
3
CONSUMER CREDITJ
(Short- and Intermediate- term)
5,539
4.727
812
14, 820
5, 844
4, 927
917
15, 051
5, 894
4, 987
907
9 Includes data not shown separately.
©Adjusted to exclude interbank loans. § For
bond yields, see p. S-20.
*New series (FIILBB); earlier data not available.
t Data are as of end of consecutive
4-week periods ending in month indicated, except June figure which is as of June 30 (end of
fiscal year).
JUnadj. data revised back to 1962; seas, adj., back to I960. Revisions for
periods not shown here are available in the Nov. 1963 Federal Reserve Bulletin.
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
| 1962
Monthly
average
January 1004
1962
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec:.
FINANCE—Continued
CONSUMER CREDITt— 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
_
Automobile paper
Other consumer goods paper
All other
Repaid total
Automobile paper
Other consumer goods paper
All other
Seasonally adjusted:
Fxtcnded total
\utomobilfpaper
Other consumer foods paper
\ll other
"Repaid total
do
do
do
do
do
- -do
do
do
5. 324
948
3. 907
469
3. 691
5. 684
927
4,252
505
3. 990
4.884
688
3.696
500
3. 847
5, 684
927
4,252
505
3,990
5. 071
775
3, 802
494
4, 041
4. 511
646
3, 376
489
4.147
4. 374
587
3. 308
479
4,161
4.581
603
3,505
473
4. 218
4,793
610
3, 699
484
4,184
4,783
599
3, 689
495
4,188
4. 700
555
3, 682
523
4,154
4, 839
579
3. 713
547
4. 154
4, 833
620
3, 667
546
4,143
4, 898
639
3.743
516
4.103
4 999
667
3 817
515
4.158
4. 033
1,334
1.215
1.484
3 975
1,373
1.187
1.415
4, 594
1.650
1.307
1.637
4, 218
1,456
1. 245
1.517
4, 915
1, 737
1.454
1.723
4.389
1,514
1.271
1. 604
5, 351
1, 579
1,884
1,888
4, 368
1,454
1,239
1,675
4,385
1,624
1, 188
1,573
4, 499
1,582
1, 340
1,577
4.083
1, 537
1,039
1. 507
4,151
1,441
1,242
1,468
4,702
1,787
1,238
1.677
4, 479
1.535
1,339
1. 605
5, 332
2,072
1,355
1, 905
4,601
1,626
1.307
1. 668
5, 294
2, 067
1,386
1,841
4, 616
1, 649
1,311
1, 656
5, 222
1, 967
1, 410
1,845
4, 399
1,525
1,260
1? 614
5. 365
2, 055
1.393
1.917
4,778
1, 698
1,356
1.724
5. 242
1.839
1, 456
1,947
4. 610
1,613
1.308
1. 689
4, 755
1, 524
1,384
1,847
4,563
1,618
1, 289
1,656
5. 487
2. 040
1. 547
1, 900
4,948
1,794
1, 404
1,750
4,981
1 734
1.517
1 730
4. 543
1 598
1,316
1 6"9
4. 855
1, 776
1. 364
1 . 715
4, 372
1 . 523
1.268
1.581
4, 826
1. 739
1,415
1 . 672
4, 341
1.509
1 . 262
1.570
4,899
1,807
1 , 360
1,732
4,414
1 564
1.277
] , 573
4, 957
1 , 809
1 , 395
1.753
4, 462
1 566
1 289
1 607
4, 973
1,811
1, 406
1. 756
4 496
1 546
1.324
1 626
5. 008
1, 870
1 , 359
1. 779
4, 487
1 585
1. 276
1 . 626
4, 985
1.847
1 357
I 781
4 544
i 611
1.294
1 639
5, 054
1, 820
1, 408
1 , 826
4, 568
1 , 588
1,317
1 , 663
5. 100
1. 854
1,409
1,837
4, 591
1 603
1,330
1 658
5. JOO
1 , 802
1.441
1, 857
4, 019
1 007
1 . 320
1 . 686
5, 093
1,730
1 475
1 938
4 752
1 659
1^347
1 746
5, 311
1. 910
1 457
1 944
4 780
1 076
4 979
1 79°
l' 43°
l' 755
4 59^
1 638
1 3:>4
1 ' 634
9. 289
10, 021
-732
9. 548
9, 436
112
\\ 283
8.818
10 350
8.779
1. 570
4. 093
1 1 . 323 r 13. 980
9, 989 'r• 9. 472 10.045
1. 334
4, 508 -5.353
10,980
11,287
do
do
do
do
do
Other consumer goods paper
\|i other
do
do
FEDERAL GOVERNMENT
FINANCE
Not cash transactions with the public:©*
"Receipts from
mil. $__ 8, 101
8,728
Payments to
-do
-567
"Excess of receipts or payments ( — )
. do
Seasonally adjusted quarterly totals:
0
Roppint - - do
Payments
do
Fxce y s of receipts or pavrn°nts ( — )
do
Budget receipts and expenditures:
8, 333
Receipt^ total
do _
6. 513
"Receipts netf
do
88
Customs
do
3, 933
Individual income taxes
do
1. 766
Corporation income taxes.do
1.039
"Employment taxes
do
1, 508
Other internal revenue and receipts
do
7, 039
Expenditures, totaH
do
739
Interest; on public debt
do
^45
Veterans' services and benefits
do
4,013
National defense
do
1 , 895
All other expenditures
__.do
Public debt and guaranteed obligations:
Gross debt (direct), end of mo., total
bil. $__ i 296. 17
i 292. 09
Interest bearing, total
do
i 249. 17
Public issues
do
i 10. 89
Held by U.S. Govt. Investment accts. do
i 43. 52
Special issues
do
i 3. 48
Nori interest bearing
do
Guaranteed obligations not owned by U.S. Treasury, end of month
- bil $
U.S. savings bonds:
Amount r outstanding, end of month
do
Sales, se lfs E and H
do
Redemptions
do
8 , 852
9. 329
-477
•>
ROrr
27,100
29,200
-2, 100
8, 983
7, 059
103
4, 340
1.821
1, 108
1.612
7, 659
796
442
4, 425
2 . 052
7. 248
11.545
9, 669
8,922
2.622 —9. 421
27, 400
28. 300
- 900
8. 533
7.027
114
5 312
412
1.208
1,488
8. 070
808
443
4. 558
2, 268
9, 553
8, 360
94
3,537
3, 450
652
1 , 820
1 303. 47
305. 39
303. 47
303. 42
1 299. 21
1 255. 78
i 11.99
i 43. 43
i 4. 20
301. 38
257. 22
"is! 59
44. 16
4.01
299. 21
255. 78
11.99
43. 43
4. 26
299. 33
257. 14
12.19
42. 19
4. 08
i . 33
i . 52
.50
.52
.53
. -^4
i 47. 79
.38
. 47
i 47. 87
.36
.47
47. 90
.33
. 40
47.87
. 30
.46
47. 97
. 53
.56
4° 11
49
.40
134.01
64. 44
6. 31
4.09
1 0. 54
3. 54
28. 82
' 840
445
4. 348
2, 1 38
6, 285
5, 533
80
3, 636
517
429
1,623
8.013
858
486
27, 800
28, 200
11.652
4,423
9 549 10, 740
2, 102 -6,318
Q 617
9 812
194
28 700
30 400
— j 7Q()
400
11,132 Tr 13, 996
6, 953 12, 061
95
106
6.293 - a. 305
5,511
443
2,664 r 1, 340
1, 745
1, 626
7,470 r 7, 715
r
865
823
435 r r 385
4, 616
4. 488
1 , 727 '1,886
1 742
11 799
4 371
3. 400
10 095
123
104
5. 350
1, 651
557
3, 603
468
1 098
1,571
1, 507
8, 776
7. 815
865
856
463
438
'4.215 ' 4, 710
r
2. 334 T 2, 750
13.093
9. 663
107
3, 927
6,081
1.428
1,550
7. 806
825
405
4. 523
2.056
S. 544
5. 735
110
5. 344
551
940
1.598
7, 590
823
367
4, 522
1*886
304. 64
302. 99
303. 17
305. 20
300. 57
258. 08
12. 40
42. 49
4. 07
•>9S 98
250. 77
12.77
42. 20
4. 02
299. 19
257. 58
12.56
41.60
3.98
301. 19
257. 62
13.37
43. 56
4.02
. 56
. 58
f,t
. 65
. 67
69
48. 21
.40
.40
48. 29
.41
.45
48. 40
.41
.41
48. A?
4S. 58
40
. 44
48 70
.40
39
48 74
35
49
~-8 8°
.39
134. 50
134. 98
135.61
136.24
136. 70
138. 76
139. 61
64. 72
6.03
4. 06
16.54
3. 53
29. 18
04. 95
6. 01
4.04
16.51
3. 52
29. 44
65.17
5 85
4. 00
16. 52
3. 51
29. 05
65. 23
5 76
3. 98
10. 52
3. 50
29. 77
137. 07
( ._ ;.8
5 84
3. 95
1 0. 49
3. 48
30. 07
138,80
64. 66
6. 24
4. 08
16. 54
3. 54
28. 98
( > r ; -•>
65 79
5 82
3 89
16 46
3.47
30. 33
00 08
5 83
3. 89
16 47
3. 46
30. 62
5 4
1. 24
2.91
47. 20
43 SO
4. 15
6. 24
1 28
5.44
5. 28
2.25
2. 94
47. 35
43 93
4 17
6. 28
1 27
5. 50
5. 34
2. 26
2. 99
47. 62
44 16
4 18
6.32
1 19
5.60
5. 38
2. 26
3. 03
47. 91
44 41
4 20
6.36
1 18
5.63
5.38
2.25
3.04
48.16
44 69
4 21
6.40
1 °1
5.70
3.10
48.42
44 83
4 24
6.44
1 21
5.71
5. 45
2. 28
3. 08
48. 66
45 C3
4 96
6.51
1 °6
5. 94
5. 50
2. 29
3.11
48. 90
4 5 '-*9
4 31
6. 55
1 '^5
6. 07
5. 56
2.30
3.17
49. r23
5. 56
2. 29
3.18
49. 54
1 34
6.58
4 36
6.62
5.92
6.11
844.7
369. 5
71.5
13.4
95.2
1 52. 6
142. 5
759. 2
332. 2
59.2
11.2
75. 5
136. 9
144.2
885. 0
391. 7
834. 4
367. 1
67.3
12.6
73.3
155.0
159.1
827. 6
357.1
69.4
13.6
73.9
154.2
159.4
824.9
325.0
65.9
12.4
73.5
147.8
200. 3
798.3
352. 3
63. 9
J3. 5
80.3
150. 1
138. 2
780. 6
343.8
64.7
12.7
62. 3
154.1
143.0
798. 5
324. 6
63.8
12.6
71 9
143.7
181.9
10,997
7, 305
103
6. 206
422
2, 596
1,671
6, 763
809
445
4. 102
i, 215 1,432
'll7
1 67fi
574
537
1,967
7. 803
882
468
4. 178
2, 579
9. 977
7.290
108
5. 785
380
2. 064
1,633
8. 305
850
400
4, 469
2. 572
305. 86
304. Si
306. 54
306. 64
306. 44
301. 95
300. 94
°57 '-^
302. 52
257. 01
13. 21
45.52
4.01
302. 66
258. 01
13.48
44. 65
3.97
302. 46 304. 09
305. 21
259. 1 8 260. 54
201.56
13.76
J5- 9! ~~~43.~60
43. 28
3. 93
4.13
"l3! 40
44.80
3.91
4.871
"1:120
43. 72
3. 90
8 Mil
7 131
106
5 541
336
i 440
l] 428
7. 784
3<>3
454
4,143
308. 22
309. 35
1:i2
74
48 93
'->•]
'il
49 03
30
39
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies
bil.$_. i 126. 82 i 133.29 132.58 133.29
Bonds (book value), domestic and foreign,
63. 86
04.00
total
bil. $.. i 60. 93 i 63. 72
i 6. 13
6. 40
i 6. 17
6.17
U.S. Government
do
i 3. 89
i 4.03
4.05
4.04
State, county, municipal (U.S.)
do
JO. 42
i 1 22 i 1(5. 51
16.
16. 51
Public utility (U.S.).
__ do
3. 57
3.56
Railroad (U.S.)
do.... 1 3. 58 1 i 3. 48
26. 91
28. 64
28. 09
28. 65
Industrial and miscellaneous (U.S.)
do
Stocks (book value), domestic and foreign, total
i
5. 14
5. 18
bil. $_. 1 6. 26 i 6. 30
•> 9j.
2. 03 * 2. 18
'-* '>5
Preferred (U.S.)
do
1
2. 82
4.14 14.03
2. 84
Common (U.S.)
do
i 44. 20 U6.90
46.35
46. 96
Mortgage loans, total
do
i 41. 03 l 43. 50
Nonfarm
do
43.56
i 4. 01
4.13
M.ll
4.11
Real estate
..
do
i 5. 73
i 6. 23
6. 20
6.24
Policy loans and premium notes
do
i 1.39
Cash
do
1.34
i 1.46
1.46
14.29
Other assets
do
i 4. 57
5. 36
5. 50
Payments to policyholders and beneficiaries in
777 1
741.8
994. 1
U.S., total
mii.$__ 734. 2
298. 4
323' 2
Deathpayments
do
318. 9
358.1
59. 6
59. 5
60. 1
63.3
Matured endowments
_
do
11.1
11.5
Disability payments
...do
11.8
10.3
64.2
Annuity payments
_
do
69. 8
68.9
62. 7
Surrender values
„
do
149. 4
133.2
147.7
153. 0
Policy dividends..
do
165.0
151. 6
149. 2
346.7
r
Revised.
» Preliminary.
i End of year; assets of life insurance companies
annual statement values.
|Sce similar note on p. S-17.
cf Other than borrowing.
9
are
actions.
5. 45
5 81
3. 94
1 6. 49
3.48
30. 23
r
1^
9
1 "M
4^ 80
-j q t
:::;;:::
860.7
368.1
70.6
13".l
13.1
73.5
76 0
154. 9
149.4
179.6
183.5
for net receipts and total expenditures reflect exclusion of certain interfund trans-
SURVEY OF CURRENT BUSINESS
.January 1064
1961
iUnless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
S-19
1962
Monthly
average
Nov.
1963
Dec.
Feb.
Jan.
Mar.
Apr.
May
Juno
July
Aug.
Sept.
Oct.
Nov.
Dec.
FINANCE—Continued
LIFE INSURANCE— Continued
iLife Insurance Agency Management Association:
Insurance written (new paid-for insurance) :
Value, estimated total
mil $
Ordinary-- --do_ __
Group and wholesale
do
Industrial
_
do.__
6, 58(5
4,531
1,472
583
6, 621
4,676
1 . 358
587
6, 654
4. 986
1.076
592
8, 132
5. 339
2, 162
631
5, 671
4. 117
1.040
514
6, 343
4, 579
1,197
567
7, 307
5, 211
1.508
588
7,775
5, 329
1,814
632
7, 576
5, 531
1 406
639
7,037
5,115
1, 334
588
7, 058
5,134
1,367
557
6,922
5,048
1 295
579
7,211
5, 029
1, 594
588
8,122
5,871
1,621
630
7,439
5, 495
1 352
592
1,001
735
1,052
778
155
120
1,031
773
151
107
1. 234
832
170
232
1. 150
872
164
113
1 038
154
104
1.130
859
166
104
1 096
828
163
105
1 120
840
166
114
1 072
811
159
102
1 127
853
166
108
1 127
847
174
106
1 066
799
160
106
1 142
876
158
108
1 062
811
147
105
^Gold and silver:
Gold:
1
Monetary stock, U.S. (end ofyr.ormo.)_rnil. $._ 16, 889 115,978
e
-66
Vet release from earmark |
do
64, 583 31, 747
Exports
thous $
Imports
do _ _ _ 4,684 12, 578
15, 977
26
6, 936
1. 903
15,978
-20
45 093
86, 442
15,928
-89
16. 975
2, 976
15, 878
4-7
45 024
2. 024
15, 878
48
36
1. 842
15. 877
— 27
338
1.382
15. 797
—62
140
9. 140
15, 733
—39
15
2.062
15, 633
—169
189
9.769
15, 582
—44
83
7. 566
15 582
-3
56 286
1, 321
15, 583 "•15,582
—23
107
28 139
1,749
2 101,200 2107,500
68, 900 74. 400
13,000 12,100
4, 600
4, 500
7H, 500
12, 100
3. 800
i ] ; 700
74, 700
78. (KM)
11, 700
3, 600
76. 500 79, 400
1 1 , 000 11 600
3. 200
3. OIK
79, 100
11,800
3, 600
80 600
I9 400
80,100
11 600
81 600
30 900
81 700
11 700
80. 900
11 500
82 000
81 600
3, 700
1,886
5, 713
1. 192
H. 350
5, 270
1.199
2, 571
4. 299
1.244
3. 086
.". 187
1.25C
1, 642
7, 500
1.271
3, 327
4, 606
1. 273
'> 711
6 597
1.279
2,618
6. 854
1.277
265
6 013
L290
1 624
4 865
1.288
2, 945
6, 798
1.293
5 756
7 178
1.293
1. 293
2, 672
3. 351
4. 280
' 2. 389
3, 195
3. 346
2,216
3, 587
3, 806
' 2, 908
3. 350
3. 328
2, 285
3,2-15
3 707
3, 279
35. 1
35. 5
35.7
35. 8
35. 9
36.2
Premiums collected:
Total life insurance premiums
Ordinary
_
Group and wholesale
Industrial _
do
do __
do
do
146
120
MONETARY STATISTICS
Production world total
South Africa_
Canada
United States _
Silver:
Exports
Imports
Price at New York
ProduotioTi :
Canada
Mexico
United States
do
do
do
do
do
do
dol. per fine oz__
3.154
3, 786
. 924
thous. fine oz__
do
do....
2,615
3, 362
4
2, 908
2. 556
3. 437
3, 764
2, 601
2 981
3. 005
2. 713
3, 662
4, 545
2, 289
3! 241
4, 722
2,233
3, 604
4. 135
3,' 44H
4. 186
2. 393
3, 009
4, 103
i 33. 9
* 35. 3
34.8
35.3
34.1
34.3
34. 5
34.6
146. 0
30. 1
115.9
« 91. 0
5 6. 0
148. 2
30. 8
117.5
95. 4
6.0
1 51 . 6
31.2
120.4
96. 6
5.6
151.8
30 5
121.3
98. 4
4.8
148 3
30 5
117 8
99. 9
5. 6
147. 4
30 8
116. 7
101. 7
5.9
149. 5
30 9
118 6
102. 9
4.2
147
31
116
104
7
3
i
2
0
0
148 9
31 4
116 7
] 05. 0
7 4
149
31
117
106
4
8
6
0
149
31
117
107;
(
1
9
°
3
•>
IfG
3°
118
108
6
146.9
30. 5
116 4
96. 0
1 47. 9
30. 6
117 3
97.5
im i
148.7
30 7
148
30
117
100
148.9
31 1
117 §
101 8
149
3]
118
102
149
31
118
103
4
3
1
7
149
31
118
104
150
31
119
105
7
6
1
5
1 50
ol
118
10f-;
5
8
8
7
150 9
31 s
42. 9
80.7
43. 5
28. 5
44.2
88.9
43. 4
27.7
44.9
88 9
44 ^
Currency in circulation, end of yr. or mo
bil. $_.
Money supply find related data (avg. of daily fig.):
Unadjusted for seas, variation:
Total money supply
bil $
Currency outside banks
do
Demand deposits
do
Time deposits adjustr-df
do
U.S. Government deposits
do
Adjusted for seas, variation:
Total money snppK T
Curre T ?cv outside banks
Dc'imnd deposits
Time deposits adjusted*!
* 143. 2
5 29. 1
114.0
* 78. 5
54.8
5
3
5
1, 262
6, 205
1. 084
5
8
do
do
do
do
Turnover of demand deposits except interbank and
U.S. GovL, annual rates, seas, adjusted :
Total (344 centers)
ratio of debits to deposits..
New York Citv
do
6 other centers rf _ _ __
do
337 other renortine centers
do
38. 2
70.0
36.9
26.2
41.5
77.8
41.2
27.7
3
99 i
r
43. 5
83.7
44. 1
28. 8
6
9
7
3
43. 6
84.6
42.7
28.3
T
' 43. 9
85.8
43.1
28. 3
4
2
2
6
44. 3
82. 2
44. 2
29.6
44.2
85 0
43 1
oo i
8
6
°
5
42. 5
79.3
42.8
28. 1
45 .8
85 1
46 8
30 3
15, 513
1. 293
37.2
4 T 154 5
1
32 6
3 T 191 ()
3
110 0
r 4 (',
3
157 9
33 i
I'M 0
110 7
5 3
T 153 i
39 3
T 120 ((
107 (i
152 0
39 p
120 1
108 9
r HO 7
1 r>3 3
39 4
1 20 9
1 11 7
46.8
96 9
46.7
•>9 9
-16. 2
87 ">
48 4
30 1
43.6
80 7
46 0
29 o
46.3
89 0
47 r>
29 8
5
0
6
1
5
119 1
15?
S2
120
109
5
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Ted. Trade and SEC):
Net profit after taxes, all industries
.mil. $_. o 3, 828
<>331
Food and kindred products. _ _ _ .
_
do
870
Textile mill products
._..do_ _ _
Lumber and wood products (except furniture)
?2S
mil. $_.
« 146
Paper nn d allied products
. _ . do
» 511
Chemicals and allied products
_ do
"772
Petroleum re fmin£r_
_
do
« 130
Stone, clay, and glass products..
do
« 122
Primarv non ferrous metal
do
e 201
Primary iron and steel. ....
do
Fabricated metal products (except ordnance,
5 111
machinery, and transport, equip.)
mil. $._
6
265
Maehinerv (except electrical)
... do
6256
Elec. machinery, equip., and supplies
do
Transportation equipment (except motor
e 74
vehicles, etc.)
mil. $
«372
Motor vehicles and equipment
do
M30
All other manufacturing Industries
do
Dividends paid (cash), all industries
do
Electric utilities, profits after taxes (Federal Reserve)
mil. $
Transportation and communications (see pp S-23
and S-24).
« 2, 138
M71
6 4, 430
•5342
4,837
357
4, 785
417
97
I9 5
K>8
68
164
674
865
219
1 4q
321
96
153
606
938
204
1 ^9
184
135
304
346
11(5
290
291
179
417
396
202
362
312
118
743
574
<v>
639
301
129
751
503
114
365
607
2.844
2,202
371
2 164
508
626
403
529
ion
6 41
If) 7
560
809
145
133
ISO
161
/HiS
965
133
1 30
165
152
327
305
64
ofi
110
r
508
6 2, 320
3
4. 024
5. 213
356
90
0 SH
513
123
511
911
"
9
::::::::
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
By type of security:
Bonds and notes, total
Corporate
Common stock
___
Preferred stock__
_
mil. $..
2, 958
2,498
1,821
2, 149
2, 708
2, 166
2,830
2, 927
2,783
5,054
2, 352
2, 025
1.768
2, 606
709
751
110
65
28
71
24
36
59 '
30
r
Revised.
i End of year.
2 Estimated; excludes U.S.S.R., other Eastern European
countries, China Mainland, and North Korea.
3 Effective Aug. 1962 for silver in commercial bar form (priced \\ cent higher than on former basis; f io cent higher effective Nov. 15,
4
5
1962).
Based on refinery production (U.S. 13u. of Mint data).
Average of daily
6
figures.
Quarterly average.
2, 072
2, 740
2,711
832
191
26
2,687
1. 244
78
17
4,942
1,133
75
38 '
do
do
do
do
2,648
785
273
37
2.. 089
2, 010
1. 673
3,023
2,130
2, 897
1,973
1, 043
747
77
74
91
106
17
17
36
51
§Or increase in earmarked gold (—).
f Time deposits iit all commercialb:anks otl icr than
those due to domestic commercial banks and the U.S. Go vt.
cf Includes Boston, Philadelphin, Chicago, Detroit. San Francisco, and Los Aneeles.
1, 989
710
65
35
1,910
686
61 !
39 '
1, 586
784
81
5
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
19G1
1962
1962
Monthly
average
January
1963
Dec.
Nov.
1004
Jan .
Feb.
Mar.
Apr.
May
June
July
Sept.
Aug.
Oct.
Nov.
Dec.
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
1,096
343
22
253
15
152
190
897
274
19
237
20
109
155
784
275
8
228
25
4
185
1,197
381
51
280
37
58
265
695
142
17
181
29
127
94
642
228
24
147
14
69
114
1. 363
630
11
161
43
46
291
1,049
156
16
434
11
72
274
1, 340
248
3
283
84
357
226
1,246
239
83
413
77
66
285
810
330
4
191
26
92
93
786
279
13
124
8
97
191
871
287
6
79
51
40
358
1,170
1,600
279
11
273
17
48
478
904
238
99
179
49
14
325
do
do
do
1,862
1,021
953
295
547
2. 013
774
999
1 523
425
810
1. 467
396
989
1,879
716
915
1,443
409
902
3,808
2,252
398
726
802
347
452
1 854
1, 072
1 279
413
789
1, 226
716
713
1,036
327
595
1 994
695
394
1.282
333
688
do
1,073
881
776
1,184
684
631
1. 349
1,034
1, 323
1, 230
797
774
862
1. 154
893
do
do __
do
do _
do
902
628
274
75
96
694
475
219
63
124
494
263
230
73
209
923
616
306
81
180
563
378
185
72
50
448
319
129
37
146
1, 056
755
300
205
88
812
529
283
104
118
830
498
332
419
74
783
512
271
217
230
588
374
214
121
89
596
269
326
107
71
730
373
357
67
65
960
378
582
92
102
614
382
039
63
216
do
do
697
376
713
397
595
590
547
351
999
304
810
467
989
457
915
962
902
206
1,072
544
789
392
452
283
1, 282
567
r 688
^613
431
252
1430
i 4, 294
i 1,219
i 3, 003
i 405
i 4, 149
i 1, 216
i 2, 820
385
405
4, 149
1,216
2, 820
414
1,199
2. 927
422
4, 355
1. 191
3. 094
399
4, 358
1, 175
3, 192
415
4, 553
L.201
3. 272
418
4, 762
1, 166
3,688
407
4, 930
1,149
3, 953
423
4 920
1, 126
3, 865
,-, 057
1 '. 093
3. 956
5 356
1, 180
4, 169
,- 5 594
1, 151
2, 586
4.251
47S
5 6°1
1.211
4. 485
4, 476
Prices:
Standard & Poor's Corporation:
Industrial, utility, and railroad (Al-|- issues):
Composite (19 bonds) <f___dol. per $100 bond.. 95.2
Domestic municipal (In bonds)
d o _ _ _ 107.8
96.2
112.1
97.4
114.5
97.3
113. 0
97.6
113.0
97.8
112.1
97 8
113.3
97.4
113.1
97.1
112. 6
97.1
110.7
96. 6
110.3
96. 5
111 4
95. 9
110.7
95.9
109.9
95. 9
108. 5
9*4
109. 5
87. 55
86.94
87. 96
87. 96
87.81
87. 33
87. 15
86. 63
86. 66
86.36
86. 16
86.45
85. 77
85. 50
85. 03
84. 64
168. 56
144. 14
148. 83
128. 56
135. 57
127. 49
132. 09
128. 43
132.21
1 26. 08
111.87
100.64
108.50
139. 00
139. 12
151.22
151.22
126. 55
127. 69
116 30
113 84
19g 95
1 ? 0 99
190 86
113 87
131 47
121 30
162 77
158. 36
159.05
138. 80
143. 27
122. 72
129. 41
122.99
126.99
123. 26
126. 26
107. 89
121. 64
95. 66
102. 80
133. 39
132. 71
142. 52
142.91
119. 48
122. 36
110 37
109 00
1°3 41
116 ?9
113 14
122 60
114. 33
158.16
107.96
136.34
121.21
118. 29
108. 57
117.64
107. 97
91, 35
124. 31
126.28
104. 28
95. 87
106. 74
94. 41
107. 04
173. 13
Noncorporate total o
U S Government
State and municipal . _
.
New corporate security issues:
Estimated net proceeds, total
-~
Proposed uses of proceeds:
New money total
Plant and enuipment __ _
Working capital
Retirement of securities
Other purposes
State arid municipal issues (Bond Buyer):
Long-term
Short-term
-
427
SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members Carrying
Margin Accounts)
Cash on hand and in banks _
__
Customers' free credit balances (net)
Money borrowed
_
mil.S
do
do
3,975
4,236
431
406
423
r 1. 176
Bonds
U.S. Treasury bonds, taxable f
do
Sales:
Total, excl. U.S. Government bonds (SEC) :
A l l registered exchanges:
Market value
mil $
Face value
do
New York Stock Exchange:
Market value
do
Face value
_ _ _ do._
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $__
Yields:
Domestic corporate (Moody's)
percent _ _
By ratings:
Aaa
do
Aa
__
__
do
A
do
Baa
do
By groups:
Industrial __
do
Public utility
do
Railroad
_ _
do
Dornestic'municipal:
Bond Buyer (20 bonds)
do
Standard & Poor's Corp. (15 bonds)
do
U.S. Treasury bonds, taxable©
do
162.82
163. 70
153. 92
4. 66
4.62
4. 55
4.52
4.49
4.48
4.47
4.47
4.47
4.47
4.49
4. 50
4.52
4. 52
4.54
4. 55
4. 35
4.48
4.70
5.08
4.32
4.47
4.65
5.02
4.25
4.40
4.59
4.96
4.24
4.38
4. 54
4.92
4.21
4.37
4.48
4.91
4.19
4. 36
4.46
4.89
4.19
4.34
4.45
4.88
4.21
4.35
4.46
4.87
4.22
4. 36
4. 46
4.85
4.23
4.36
4. 45
4.84
4
4
4
4
26
39
47
84
4 °9
4 40
4 48
•V 83
4 31
4.41
4 50
4 84
4
4
4
4
32
43
51
83
I 33
4. 44
4 54
4 84
4
4
4
4
4.54
4.57
4.86
4.47
4.51
4.86
4.39
4.42
4.83
4.40
4.41
4.76
4.38
4.38
4.72
4.37
4.37
4.69
4. 38
4.38
4.65
4.40
4.39
4. 63
4.40
4. 39
4.63
4. 40
4. 40
4 61
4.43
4.42
4 62
4 45
4 4?
4 H3
4. 46
4.44
4 65
4. 47
4.44
4 66
4. 47
4.45
4 68
4 48
4 49
4 68
3.46
3.46
3.14
3.18
3.10
3.03
3. 05
3.12
3. 18
3.12
3.12
3. 18
3.06
3.11
3.11
3.11
3. 16
3.15
3.22
3.27
3 12
3.29
3 15
3. 22
3 19
3.27
3 24
3.32
3 31
3.41
3 96
3.34
3.90
3.95
3.87
3.87
3.88
3.92
3.93
3.97
3.97
4.00
4.01
3 99
4.04
4.07
4.10
4 14
409.7 2,321.1 1,081.5
454 3
92.2
197.1
145 0 1 546 4
112.2
4.5
220.7
355 5
15 5
233 1
96 0
170 1 1 406 0
2 8
110 0
216 9
358 4
15 i
124 8
449 2
165 6 2 1 fid. &
34
175 1
3
131
8
39
9
244
134
21
62
17
3
136
6
30
10
35
46
54
85
Stocks
Cash dividend payments publicly reported:
Toteil dividend payments
mil $
214,154 2 15, 076
520. 1 2, 164. 1 1,038.5
389. 2
104.6
140.2 1, 906. 3
168. 3
2.8
275. 3
316 9
14.6
181.8
197.0
139.9 1 388 1
2.6
112.4
203.3
117.4
236.2
2 2, 360
do
2544
do
do
do
do
do
2 1, 283
2 1, 692
2 356
21,411
2578
2353
2606
2195
2201
3.3
124.9
5.7
21.6
9.0
5.70
6.07
2.81
3.37
4.21
5.18
5.99
6.43
2.97
3.36
4.30
5.31
do
Mininff
Public utilities:
Communications
Electric and gas
Railroads
Trade
Miscellaneous
Dividend rates and prices, common stocks
(Moody's):
Dividends per share, annual rate (200 stocks)
dollars __
Industrial (125 stocks)
._ do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Bank (15 stocks)
_
do
Insurance (10 stocks)
do
27,823
2549
2 1, 773
185. 66 177.87
Price per share, end of mo. (200 stocks) 9 ...do
199. 90 189. 95
Industrial (125 stocks)
do
90.55
91. 50
Public utilitv (24 stocks).
__
do
68.26
63. 39
Railroad (25 stocks)
do
T
2
Revised.
* End of year.
Annual total.
9 Includes data not shown separately.
cf Number of bonds represent number currently used; the change in
Effect the continuity of series.
412.1 2, 968. 2 1,098.9
2 2, 160
2 7, 346
Finance
353 3
13.9
117.7
208. 3
55.5
54.6
30.5
131.0
20.2
60.2
17.0
3.6
127.8
5. 5
22.4
8.7
102.8
126.7
31.6
79.6
18.0
2.5
125. 2
8.6
49.9
9.6
239.6
77.1
66.2
35.9
59.2
61.3
29.9
258 4
133. 9
16 7
64.2
16.6
6.13
6.63
3.05
3.39
4.30
5.32
6.15
6.64
3.07
3.42
4.35
5.65
6.21
6.71
3.07
3.42
4.44
5.80
6.22
6.73
3.10
3.42
4.44
5. 80
6.24
6.75
3.10
3.42
4.44
5.84
6.26
6.76
3.16
3.42
4.45
5.84
6.40
6.97
3.16
3.48
4.45
5.84
6.40
6.97
3.21
3.48
4. 45
5. 84
6.41
6 97
3 91
3.48
4.45
5 84
179. 59
192. 36
182. 43
194. 69
96. 49
191.25
185. 31
92.64
67.43
207.8
68.04
204 07
102. 52
71.41
the number does not
219 9
o
9
7
9
6
6.41
6 97
3
>;>
3
3.48
4 45
5 86
2,230 6 1 071. 4
19Q 1
4
>15
56
62
27
1
4
1
8
6.41
6 97
3 30
3.49
4 45
5 86
5
9
2
9
5
6. 51
7 10
3 30
3.60
4 45
5 86 i
480 7 3 316 7
2
7
?
4
4
6.80
7 39
3 39
3. 60
4 51
5 p,f)
124
216
87
62
36
2
8
6
4
6
6.82
7 41
3 33
3.67
4 51
5 86
201.02 204. 25 198. 62 198.29 207. 81 206. 58 214. 67 211.74 216.57
216. 41 221 41 214. 45 ''14 19 995 1 1 923 69 234 1Q 9^8 7(3 •>34 99
101.40 102.94 103.80 102. 1 0 10-) 44 107 57 105 14 102 53 j 100 82 102 31
99. *8
70.90
72.32 77. 98
82. 68
82. 42
82. 73 1 79. 11
78.81
78.73 80! 86 84.06
^Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 years or more.
196.71
191. 72
204. 94
SURVEY OF CURRENT BUSINESS
January 19G4
Unless otherwise stated, statistics through 19G2
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
S-21
1963
1962
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
Tune
July
Aug.
Sept.
Oct.
Nov.
Dec.
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody 's):
Yield (200 stocks)
percent-Industrial (125 stocks)
do
Public utility (24 stocks)
.do
Railroad (25 stocks)
do
Bank (15 stocks)
_ -do
Insurance (10 stocks)
do
3.07
3.04
3.10
4.94
3.18
2.31
Earnings per share (indust., qtrly. at ann. rate;
pub. util.and RR.,for 12 mo. ending each qtr.):
Industrial (125 stocks)
dollars
Public ut'litv (°4 stocks)
do
Railroad (^5 stocks)
do
19.61
2
4.33
23.94
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)
percent--
4.66
4.50
4.45
4.42
4.34
4.27
4.24
4.31
4.29
4.?9
4.34
4.30
232. 44
691. 55
117. 16
143. 52
221. 07
639. 76
121.75
132.61
218.35
628. 82
122. 34
130. 29
227. 22
648. 38
127.37
138. 98
237. 51
672. 10
133. 56
148. 25
241.13
679. 75
135.86
151.85
239. 67
674. 63
134. 87
151. 72
249. 58
707.12
137.57
158. 36
256. 36
720. 84
140 30
167. 48
257. 30
719.14
139. 86
171. 89
252 72
700. 75
138 73
170. 62
257 69
714. 15
142 83
172. 93
66. 27
62.38
60.04
62.64
65. 06
65.92
65. 67
68.76
70.14
70.11
69.07
do
do
do
do
do_ _
69. 99
67. 33
57. 01
60. 20
32. 83
65. 54
58.15
54.96
59. 16
30. 56
62.90
56. 05
52.42
57. 69
30.47
65. 59
57.54
54. 52
60. 24
32.24
68.00
59. 19
56. 37
63. 35
34.06
68.91
59.93
57.47
64. 07
34.59
68. 71
50. 28
57. 55
63. 35
34. 60
72.17
62. 07
60. 29
64. 64
36. 25
73.60
64. 43
62. 18
65. 52
38. 37
73.61
64. 03
62. 32
64.87
39.34
72. 45
61. 82
61. 41
64.47
38.75
do
do
do
33. 75
70.78
33.75
66.19
32.37
64.00
55.13
34.35
67.71
59.06
35.39
70.01
61.71
37.18
73.29
64.03
35. 86
72 22
62^38
35. 96
74.66
64.18
36. 68
75. 65
63.78
37.01
75. 85
62.76
36.87
75. 29
62.58
5,317
4, 561
4. 596
4, 426
5,016
4, 298
4, 019
5, 485
Prices:
Dow-Tones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Railroad (20 stocks)
Standard & Poor's Corporation :cf
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43 =10. _
Industrial, total (425 stocks) 9
Capital woods (123 stocks)
Consumers' goods (193 stocks)
Public utility (50 stocks)
Railroad (25 stocks)
Banks:
Ne\v York Citv (10 stocks)
Outside New York City (16 stocks)
"Fire ind casualty i^isurancef
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)
millionsExclusive of odd-lot and stopped stock sales
(N.Y. S.E.; sales effected)
millions..
168
4,392
108
3.37
3.39
3.25
5.30
3.31
2.48
3.41
3.45
3.29
5.03
3.36
2.44
1
11.10
24. 73
25.73
139
3,945
99
3.25
3.29
2.99
4.79
3.16
2.41
3.37
3.41
3.18
5.03
3.27
2.53
3.36
3.42
3.10
4.82
3.17
2.47
13.00
4.73
5.73
144
4,040
107
3. 25
3.29
3.06
4.73
3.19
2.45
3.11
3.12
3.07
4.39
3.15
2.42
3.13
3. 15
3.04
4.21
3. 14
2.50
159
4, 357
3. 857
103
117
130
3,741
97
122
3,485
91
3.23
3 25
3.13
4 42
3.12
2 54
3.08
3 10
3.00
4 21
3.02
2 48
12 95
4 87
6.58
11 25
4.81
5.85
143
3.22
3 25
3.14
4 22
3.22
2 55
5, 592
5. 036
160
169
149
4,794
4,849
4.279
121
126
107
3.10
3 V"
3.14
4 41
3.12
2 57
3.03
3.03
3.22
4.57
3.08
2.52
3.21
3 23
3.29
4 46
3 25
? 61
3.1
3 1
3 2
1 3
3.1
4.26
4.28
1. 32
r 11 00
r
4 91
6 . 79
4.30
53
52
74
71
262 16
747. 52
13S 68
170. 41
70.98
72. 85
73. 03
72. 62
74. 17
74.43
63.30
63.45
66. 57
39.22
76. 63
64. 96
66. 45
67. 09
39 00
77. 09
65. 57
67. Os)
65. 55
38. 31
76. 69
66. 45
66. 44
64 81
38 60
78. 38
08. 54
66. 38
65. 64
39 92
37 76
76. 82
63 61
38 33
77. 31
64 96
37 04
76. 05
63 79
36 67
75. 24
63 00
36 °9
75. 37
63 73
4, 533
9
5 . 033
6 093
170
7 050
184
6 007
149
3, 827
4 215
102
5 161
123
5 943
136
5 08%>
111
13
96
144
^62
738
142
172
85
80
96
81
101
79
75
107
105
91
76
92
107
122
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value, all listed shares
bil. $.. 358. 93
Number of shares listed
millions.- 6, 752
339. 29
7,464
341.14
7,621
345. 85
7, 659
363. 22
7, 692
354. 33
7,719
365. 93
7,750
383. 59
7,793
389. 90
7,881
383. 00
7,923
382. 21
7,952
400. 96
7,972
396. 24
8 010
407. 24
8,029
261
743
137
171
09
24
59
16
"
401. 60
8 ()49
"66
759
137
176
33
94
77
lo
99
411.32
8 108
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value
Exports (mdse.), incl. reexports, totalj
Excl Dept. of Defense shipments
Seasonally adjusted
By geographic regions: A
Africa
Asia
_
_
Australia and Oceania
Europe
_
mil. $_. 1,746.8 1,802.4 1,851.1 1,902.0
1, 679. 4 1,741.7 1,791.4 1,863.7
do__
1, 695. 2 1, 838. 9
do
3.1, oio.s
'2,104.2 2,124. 3 2, 057. 3 2, 162. 6 1, 863. 0 1, 816. 0 1. 908. 5 1, 823. 1 2, 080. 1 2. 104. 5
3 960. 5 32,020.7 2, 058. 1 1, 968 0 2, 069. 2 1,776 6 1,711 6 1 816 0 1 765 1 2 023 3 2 028 5
3
982. 2 32,130 7 1 990 8 1 918 1 1 900 5 1 813 6 1 779 4 1 896 6 1 991 6 1 899 2 1 Q40
do
do do
_ do _
69.3
342.6
33.6
536. 2
81.7
343.7
39.1
542.7
92.0
362.8
36.9
560. 1
84.8
410.1
41.5
580. 6
13.5
184.6
17.7
258.6
98.5
427 1
48.9
692 1
99.1
469. 5
41.9
670.0
96.1
402.6
42.7
630 1
92.2
398.4
49.6
659.1
77
347
44
553
2
4
3
6
87.5
394 9
41 7
494 6
78
407
42
561
do
do
do
303.6
122.7
187.3
319.2
129.5
167.1
314.6
151.1
157.5
308.8
150.6
161.8
268.0
91.9
43.8
296. 9
141.9
170.4
316.4
154.0
177.8
344.0
150.6
180. 9
388.4
156. 5
191.1
371.0
138.1
146. 2
329.8
136 3
141.8
328. 7
140 2
156.2
349.1
142 9
131 1
405. 9
154 5
149 9
By leading countries:
Africa:
United Arab Republic (Egypt Reg.). .-do
Republic of South Africa
do
13.6
19.0
19.5
18.6
16.6
17.9
11.9
22.9
2.0
4.3
20.2
29 8
19.4
25.1
30.3
23 3
26.1
20 8
9
19.8
13
15.1
92 6
13.8
23 9
16.0
24 8
16.2
94 5
do
do
do
do
26.8
33.4
32.8
35.0
15.5
39.9
35.1
37.7
39.0
38.5
40.2
16.3
55.7
23.7
66.1
28.8
71.7
27.0
22.9
61.0
28.1
83.0
38.2
66.7
43 0
70.9
30 7
58.6
22 0
33.5
4 4
70 7
24 1
34.1
4 4
61 8
37 3
32.2
4 6
60 7
35 9
37.7
4 7
72 8
47 8
do
do
do
144.9
11.2
27.8
117.8
10.0
22.4
121.9
138.8
169.3
134.1
113.6
25. 5
163.0
13.2
35.0
129.3
23.4
72.1
11.0
11.0
26.8
29.6
21.6
137.2
6 0
25.7
150 3
4 8
26.2
139 4
10 9
24.1
15"> 8
7 8
35.5
.do
do
do
47.1
48.8
47.3
56.6
32.9
67.1
70.7
57.6
56.6
59 0
38 3
89.4
89.7
87.5
103.5
43.8
119. 5
111.2
90 6
90 3
88 1
do
do
do
66.2
64.0
70.7
70.9
84.2
82 3
94.2
89.6
97.9
9
_
Northern North America
Southern North America
South America
Asia; Australia and Oceania:
Australia, including New Guinea
State of Singapore
India
Pakistan
._
Japan
Republic of Indonesia
Republic of the Philippines.
Europe:
France
East Germany
West Germany
Italy
Union of Soviet Socialist Republics
United Kingdom
3.9
.2
3.6
4.3
.1
1.3
5.3
5.5
.4
.7
5.9
6.6
.1
.3
2.2
8.3
(4)
31.7
.1
99.7
47.6
r
J
2
Revised.
Quarterly average at annual rate.
For 12 months ending Dec.
3
Jan. and Feb. data reflect effects of dock strike and its aftermath.
* Less than $50,000.
cfNumber of stocks represents number currently used; the change in number does not
affect continuity of the series.
9 Includes data not shown separately.
4.7
6.9
27.9
.4
4.6
.1
5.4
7.6
.2
83.2
73.2
77.5
106.0
107. 7
91.0
4.5
8.2
1.1
4.7
8.6
(4)
2
75 8
6
0
3
3
79
380
40
544
1
4
7
9
79
442
44
658
3
6
8
8
51 1
63 5
(4)
(4)
90 9
88 5
98 2
52 7
1
70 9
72 9
68 6
80 6
2.8
3'. 6
2.2
.6
80.4
130. 7
87.1
104.3
fRevised series; former series covered fire insurance only.
llncludes grant-aid shipments under the Dept. of Defense Military Assistance Program,
as well as economic aid shipments under other programs.
AEicludes "special category" shipments.
1.8
.9
.8
2.1
1.8
93.9
71.2
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
1962
Monthly
average
January 19(54
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June 1 July
Sept.
Aug.
Oct.
Nov.
Dec.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
Exports fmdse.), incl. reexports — Continued
By leading countries— Continued
North and South America:
Canada
-- - mil. $.-
303.6
319. 1
314. 5
308.8
268.0
296.9
316.4
344.0
388.4
371.0
329. 8
328. 7
349 1
405. 9
do
284. 5
268. 5
278.9
282.2
119. 5
281.0
295 9
300. 7
315. 7
255.5
249.6
264. 0
241. 1
267. 9
-do
do.. .
do. ..
do
do.. .
do
-- do
35. 4
41.2
19.1
20.4
1.1
67.7
43.0
31.2
35.4
14.2
18.9
1.1
65.8
39.0
23.8
34 0
13.8
14.2
3.0
9.6
9 7
4.2
10.0
51. 2
15.7
18.3
39.3
16.6
18. 3
3.9
63. 8
42.4
19.7
40.0
13.4
20.7
.5
69. 4
53.3
17.1
57.8
13.2
2°.0
7 5
74.0
40.1
24.4
43. 6
16.9
24.1
11.2
73.3
51.4
15.0
28.0
15.4
19.5
.1
70.6
39.6
15.6
14.4
29.0
14.5
22.6
10 3
20 5
1 2. 6
18 4
83.5
40. 5
21.6
40.9
13.9
13.9
13.0
69.8
42. 3
65. 1
44.1
70 7
41. 2
15.2
•21. 7
13.0
92 6
(i)
78 1
46.5
1 ,726. 4 1 ,779. 9 1,824.3
1,876.8
991. 9
Latin American Republics, total 9
Argentina
Brazil
_
Chile
Colombia
Cuba
M^e^lfo
Venezuela
_-
Exports of U.S. merchandise, total!
..do
C1)
186.2
212.0
167. 3
158. 1
1 13. 8
95. 9
273. 9
986.5 I, 058. 8
By principal commodities:
Agricultural products, total 9
do
418. 7
419. 3
450.4
461.9
202. 0
498.3
505. 3
499. 1
505. 8
412.7
do
do
do
do
do
do. _
24.1
73.7
32.9
158. 7
11.5
41.6
26.0
44. 8
35. 8
171.3
11.8
40.9
21.3
41.1
35.3
144. 7
12.1
55. 4
21.2
52.0
37.9
180. 6
9.9
54. 0
12.0
30.3
28.8
70.3
5. 6
8.4
17.6
69. 6
34. 8
204. 9
11.8
35. 0
38. 2
59.3
37.7
207. 6
12.8
36. 0
41.3
31.6
232 4
10. 1
35. 6
32. 8
42 8
38.8
240 9
11.8
33. 5
23.4
34. 5
39.0
172.2
11.4
39,2
1,307.7 1, 360. 6 1,373.9 1,415.0
789. 9
Animal and vegetable oils and fats*
Cotton unmanufactured
Fruits, vegetables, and preparations
Grains and preparation^
Meat and rront preparations*
Tobacco and manufactures A Nonagri cultural products total 9
do
d)
2,080. 4 2, 097. 9 2, 030. o 2, 137. 5 1,838.3 1, 795. 1 1,884.6 1,801.4 2, 055. 8 2, 079. 1
By economic classes:
Crude materials
- do_
Crudc food stu^s
do
Manufactured foodstuffs and beverages_-_do
Somimanufactnrrscf'
_do_ .
Finished manufacturescT1
do. .
233. 6
212.4
180. 5
144.5
122. 7
10S. 9
241.9
278 6
1,081.7 1, 096. 4
14.2
21 0
3.7
66.5
34. 9
226. 7
205 0
102.3
185.8
190.0
71.7
197. 7
220. 9
68. 5
130. 6
1 57. 1
139. 1
294. 9
290 0
131.9
278. 6
617. 4 1,230.6 1, 255. 9 1 . 206. 1
217 7
158 8
123.7
300.2
084 9 1
9"9 8
222 9
99] 4
165 9
132.6
122. 2
296. 6
270 0
020 4 1 139. 4 1
410. 1
408. 4
432.9
552. 6
571.5
25.6
25 9
37.2
179 7
10 6
35.0
26.4
36 7
33.9
156 3
11 7
44 7
32.1
41 9
37.0
161 5
13 0
64 2
28. 9
50 9
50. 0
°11 2
20. 7
67 S
40.0
"0 9
17 3
60.1
200 8
198.8
1S2. 6
175.6
235.7
181 0
138.9
104 .0
112. 8
259.5
308.4
271.9
. 253. 7 1,100.5 1,046 8 1
281 6
2° 7 6
135. 1
285.0
149 9
le;. 4
73.0
1, 5S2. 1 1,592.6 1,531.4 1.631.7 1,425.6 1 385 0 1 476 2 1 388 5 1 503 3 1 504 6
Automobiles, parts, and accessories
Chemicals and related products^
__
Coal and related fuels
Iron and steel products
do
do
do
do
100. 1
143. 8
29.1
68.7
113.5
149. 5
32. 1
50.9
142.4
148.0
35.7
49. 9
131. 1
158. 8
28.3
47. 2
65. 5
2 78. 4
22.1
21.9
1 32. 4
175. 5
26. 9
57.0
129.5
1 78. 6
29.8
60. 3
1 26. 5
1 61 . 0
36. 3
129.0
179. 0
47.2
65. 0
119.1
158.3
42.0
56.0
107.1
163 1
37.0
61 6
112.7
176 3
53.8
6° 5
115.3
169 I
53. 3
56 5
146.1
175 2
50. 5
r
64 0
169 9
46. 0
60 6
Machinerv total §9
do. ..
395. 9
432. 9
413. 6
458.1
237. 5
496. 9
516.2
490. 5
518.5
462 .0
431.1
445 9
411 5
462 7
477 1
do
do
12. 0
29 9
94. 3
40.1
188.9
13.2
30. 2
105. 0
43. 8
207.6
9.9
27.8
117.6
44. 2
209. 7
13.2
27.9
115.6
49.2
215. 9
9.6
16.1
73.1
14.0
99. 6
15. 6
35. 0
124. 1
49. 5
236. 2
18.6
36. 2
120 7
44.2
249.6
19.2
39.6
119 °
43. 9
°35 3
19,3
38.4
1^6 2
44.5
253 4
19.2
38 .5
112 0
34.7
224 1
18 4
33.0
104 3
31 2
211 2
16 6
36. 5
HI 7
99 o
212 8
10 6
31.2
109 ?
34 7
192 4
11.7
41.1
114 0
38 9
918 0
11.4
36. 9
1°4 3
37 5
228 4
do
__ do
37.1
56.8
36.9
57.3
36. 2
58.9
42. 1
63. 6
24.7
24.0
52. 6
66. 2
41.1
66.1
46 1
60.3
42.8
62. 3
37 1
57. 6
43 1
53 3
41 6
57 8
41 0
55 2
41 1
39 4
63. 2
do
do
1,226.1
1,366.4
1,451.6
__do_ _
do__.
- .- do_
do
56.0
215. 2
26.7
345. 0
63.2
247. 1
36. 6
385. 3
60.7
262. 2
45. 3
419. 9
66. 0
236. 7
40.9
388.6
42.3
214. 1
22.1
256. 3
77.6
251. 5
55. 3
393.0
70.3
265. 1
42.4
433.7
67 4
276. 7
31 2
413 6
71.7
266. 9
36. 3
422 1
54
252
37
362
Northern North America _
do_
Southern North America
- do
South America
_ __ do_
Bv leading countries: O
Africa:
United Arab Republic (Egypt Reg ) do
Republic of South Africa
do
Asia; Australia and Oceania:
Australia including New Guinea
do
State of Singapore
do
India
do
Pakistan
do
Japan
do
Republic of Indonesia
do
Republic of the Philippines
do
Europe:
France ... do
East Germany
do
West German y
_ _
_
__ do
Italv
do
Union of Soviet Socialist Republics
do
United Kingdom
do
North and South America:
Canada
do
Latin American Republics, total 9
do,__
Argentina
do
Brazil
do
Chile
...do
Colombia
do
Cuba
do
Mexico
do
Venezuela
___
do
272.6
113.6
196. 6
304.9
123. 1
204. 1
338.9
1 29. 1
193.6
295. 8
127. 3
210.2
282.7
130. 5
167. 0
207. 2
136.6
207. 5
285. 3
131.3
234. 8
327.3
146 7
198.1
334. 6
145. 1
184. 2
342 4
139 7
174.3
338 6
198 9
196 9
334 g
109 9
994 $
301 6
102 6
937 3
2.9
17.4
2.1
21.4
.4
23.3
1.2
16.9
.2
11.2
1.0
26.8
28. 0
1.4
13.6
3.2
28.1
3.9
16.8
12
23 3
5
30 8
1 1
17 8
5.0
18.9
15.4
1.2
21.0
3. 1
87. 9
13.6
26. 4
24.4
1.2
21.3
3.5
113.1
11.2
27. 3
33.2
1.2
20.7
3.2
123.6
9.7
26.6
31.1
.7
22.5
3.1
98.1
11.0
27.6
16.2
1.1
16.6
2.0
109.3
7.6
13.8
41.0
1.2
32.7
5 2
104.4
12.7
25.4
22.0
1.1
25 2
5.4
124.4
8.9
25.6
18.7
1.3
25.2
3.6
127.2
9.3
31.6
17.7
1.5
28.0
5.0
116.6
10.1
27.4
24. 1
23.3
3.6
109.6
9 7
35.0
98 0
.4
26 7
2 9
143. 3
8 5
35 8
31 0
.9
95 6
33
145 6
10 5
44 2
34 3
.9
21 7
124.1
8 4
32 4
36.8
.3
25.8
4.0
139.8
9.8
36.9
36.3
2
71.3
31.3
1.9
74.8
35.7
.3
80.1
37.7
1.3
83.7
36.7
.2
91.0
43.9
1.2
96.4
31.8
.2
92.2
40.5
1.0
72.6
19.3
.2
61.8
23.9
.4
54.0
33.6
.1
77.0
33.0
.7
84.3
33.2
.8
83.6
46.7
1.3
100.8
34.2
.2
91.2
42.6
1.4
84.6
36.9
2
86.7
40.1
2.9
99.7
36.2
.3
75. 1
38.2
1.2
83.3
44 9
3
3
0
6
9
35 8
2
75 1
46 2
1 8
89 8
81
34
4
83
31.5
2
0
7
5
8
45.5
.3
92.1
50.2
1.8
106 0
338.7
295.7
304.7
272.5
282.5
282.2
288. 9
274.7
243.6
267.8
9.6
8.8
10.8
8.5
5.9
53.9
45.1
46.9
56.7
25 4
15.9
8.4
7.6
15.3
11.3
22.9
14. 5
23 0
19.5
12 0
(i)
(i)
0
.6
2.9
48.2
51.1
49.6
49.6
44.8
77.1
81.3
90.3
89.2
74.8
r
2
Revised.
* Preliminary.
* Less than $50,000.
Beginning Jan. 1963, excludes
exports of certain fertilizer materials, coal-tar and synthetic resinous products, chemical
specialties, etc.; in 1962, such exports totaled $52.6 mil.
9 Includes data not shown separately.
^See similar note on p. S-21.
d*Data for semimanufactures reported as "special category, type 1" are included with
finished manufactures.
*New series. Data prior to Sept. 1962 may be obtained from Bu.
of Census reports.
267.1
298.5
13.2
52.4
10.1
12 7
(i)
56.9
82.8
285. 2
324.0
13.0
57 5
27.7
14 2
327.1
298.3
11.2
36.0
18.4
27 6
0
61.6
77.4
334.3
274.4
15.5
28.9
12.4
21 4
())
55. 1
77.5
341. 9
258. 6
8.8
36 3
18.4
12 7
(i)
46 6
75.4
301 1
294 6
17 1
56 7
15 9
35 0
(i)
37 3
67.2
354 0
309 9
17 6
53 7
14 6
31 6
-
Agricultural--- Tractors, parts, and accessories...
IVTetpl working §
Other industrial
Petroleum and products
Textiles and manufactures
General Imports, totalO
Seasonally adjusted©
By geographic regions: O
Africa
Asia
.
\ustralia and Oceania
Europe
--
-
-do
do
1,366.5 1,116.7 1, 389. 5 1.462.8 1.481. 3 1,461.5 1,356.5 1, 504 .6 1,461.2
1 °7l 9
1, 423. 3 1 , 406. 2 1, 410. 2 1,469.2 1. 532. 5
o
60.0
85.2
8
5
1
4
61
°83
53
442
4
3
9
1
92
47
1
100
338 0
974 3
14 5
43 0
14 5
90 7
(i)
39 4
78.4
66
306
48
371
334
290
16
49
4
2
7
0
5
9
0
8
99 3
9
S8
(i\
39 3
83.6
r
65 0
1,398.1 1. 598. 4 1. 431. 5
1,452.8 1, 475. 0 1, 480. 0
58
966
53
378
3
3
0
4
3 9
74 0
296. 3
48 1
466 1
354 2
r>4 6
234 7 .._
*
o
55 5
73.0
f Re vised to include SITC items classified as "cereals and preparations"; not comparable
vith data published in the 1963 BUSINESS STATISTICS and in SURVEY issues prior to Nov.
1963.
963.
AManufactures of tobacco are included in the nonagricultural products total.
§Excludes "special category, type 1" exports.
OFor certain recent months, the data by regions and countries exclude imports unidentified by area of origin. (See also note 3 for p. S-21.)
SUEVEY OF CUEEE'NT BUSINESS
1004
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961 j 1962
Monthly
average
S-23
1962
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
Imports for consumption, total
_ _ m l l . $-- 1,221.4 1, 354. 9 1, 469. 7 1,336.4 1,139.2 1, 367. 0 1,418.2 1,458.9 1,438.5 1,327.6 1, 505. 0 1,480.2 1,374.9 1,585.7 1, 427. 8
By economic classes:
202 6
278. 5
296. 3
259.3
269. 1
281.0
315. 3
260. 6
238. 0
262. 3
283. 1
266. 0
280. 2
280. 7
Crude materials
_
do
°81 0
143. 1
148. 1
158.2
169. 0
114 0
140 3
137 3
196 9
168 7
153 3
164 0
158 0
105 0
170 8
19S 8
Crude foodstuff's
do
149.8
133. 5
187.0
159. 6
94.4
152. 7
184. 5
152.2
162. 0
174. 0
198. 2
163. 0
Manufactured foodstuffs and beverages. _do
159. 0
184.4
176.8
268. 0
259. 0
282.7
313.2
288.9
256. 2
293.1
326. 3 300.4
285.8
312. 8
292. 0
314.0
283. 6
Semimanufactures
do
317.9
423.2
495.9
539. 3
480.5
412.3
491. 2
544. 9
489. 5
547. 2
503. 7
611.8
573. 0
547. 1
Finished manufactures
do
526. 1
592. 8
By principal commodities:
399 9
307. 6
323. 0
359. 1
351.2
345. 0
232.6
348. 2
346. 5
374. 0
295. 6
386. 5
319. 8
*\ sri cultural products, total?
do
353. 0
333. 5
Cocoa (cacao) beans, incl. shells
do
Coffee
^°- -Hubber, crude (incl. latex and <junvulc)--do
Pug'ir (cane or befit)
_do
Wool and mohair, un manufactured _ . _ d o
Nonagricultura] products, total 9-
do
Furs and manufactures
do
Iron find steel products
do
Nonferrous ores, metals, etc.:
Aluminum and alloys (umvrought nnd
worked) and crude bauxito*
mil. $._
Oopner, incl. ore and manufactures.. do
Tin, including ore
do
Paper base stocks
do
Newsprint
•-- - ( '°
Petroleum and products
do__ .
Indexes
Exports of U.S. merchandise:
Quantity
Value
Unit value
Imports for consumption:
Quantity
Value
Unit value
13. 4
80.3
18.0
11.0
82.5
19.0
42.4
17. 4
4.8
84.1
21.9
54. 1
19.4
6.3
98.2
19.3
43.2
20.7
7.9
48.7
17.3
17. 7
14.4
913.8 1,032.0 1,110.6
985. 2
906. 6
IU
37. 7
9.7
47.4
5.5
49.9
17.7
43. 3
16.6
32.6
9 7
47 0
9 8
18. 3
23, 2
9.9
24.6
22 7
9.7
30.1
58.0
147. 3
23.5
24. 5
10.3
31.2
5S. 6
169. 9
22.7
7.6
26. 6
60. 3
156. 7
21.1
13. 0
7. 8
25. 9
45. 7
186. 8
20.6
18. 1
8.8
28 0
46 9
154 9
•39 9
16.5
57. 2
130. 9
20 4
88.5
26.3
41 7
28.4
1GS
111
103
p 112
v 11 5
v 103
115
118
102
118
121
102
62
64
103
130
134
103
do
do__ _
do_
108
105
97
»122
»117
*95
134
126
84
121
115
95
103
98
95
193
-
17 2
90 1
19.1
45 8
19.7
11 1
71.0
17.8
48 0
18.9
19 1
51.5
12.8
73 0
15.7
7 5
78 4
13. 3
64 3
22. 1
8 6
7G. 7
10. 5
61 9
17 2
9 7
89.3
13. 5
60 6
12.7
9 4
100. 9
15.0
53 4
16.8
993. 0 1, 065. 2 1,108.7 1,115.6 1, 032. 1 1,171.4 1, 135. 1 1,028, 1 1,199.1 1, 108. 0
1957-59 = 100..
do_ __
do
-
13 1
83.2
18. 0
44 1
95 1
"
118
95
11 4
56 1
10.7
65 6
17 i
20. 9
9.5
29 1
44 3
146 6
24.1
22.1
9.7
9
85
59 8
161 0
26. 3
13''
13 5
103
198
198
130
1 99
(
)5
"
131
109
I9 5
95
JO
9 5
63 7
71
12.1
9K 7
63 9
145 1
25. 4
10.7
3'5 1
57 1
199 7
34. 6
22 0
8.5
30 5
Q-> •>
146" 4
1\~ Q
134
138
103
115
1 18
103
113
119
10°
! O9
130
194
118
114
1H4
13!
91. 7
71 0
30. 6
?0 1
11.1
31 9
59 1
9
88
58 0
IS9 8
70 4
34 6
66 5
147 7
114
116
1 fy >
1'X)
96
cr-
Slapping Weight and Value
Wator borne trade:
Exports (incl. reexports) :§
5, 754 11, 783 11 231 12 625 15 128 13 0(1 r!3 573 14 849
Shipping weight
thous. sh. tons.. 10,670 11,215 11.607 10. 731
Value
_
mil. $_ 1.159.4 1,165.6 1. 180. 7 1, 240. 1 405. 5 1 353 1 1 381 6 1 309 2 1 390 4 1 170 6 r l 164 7 1 9 l ( l 9
General imports:
Shipping weight
thous. sh. tons.. 15, 662 17, 552 17. 505 17. 161 15, 572 15 773 15 620 1C 858 18 277 18 778 r l t ) 4'.)3 19 93 9
887. 0 983. 6 1. 034. 2
980. 6
703.2 1 017 5 1 061 8 1 054 5 1 051 3 989 6 r\ \\'.\ 0 1 079 1
Value
mil. $_
Airborne trade:
Exports (incl. reexports) :f
9.1
9. 5
9.3
Q 4
0 8
11.5
Shipping weight _
..thous. sli. tons.
10 3
q f)
9 5
10 3
10 3
124. 0
129.4
135. 5
148.9
Value
- Tnil. $__
148 3
r>7 o 119 8 v>0 4
142 2
147 3
133 6
General imports:
4.1
5. 2
4.5
5.8
d. 2
Shipping weight
thous. sh. tons..
4.6
4.7
4.1
4. 3
4.5
4.0
;o o
rn 7
62. 6
Value
niil. $_.
60. 7
56. 8
61.3
61. 1
58. 0
W,0
f
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial opera lions (qtrly. avg. or total):
570. 6
Operating revenues, total 9
mil. $__ 514. 8
509 6
566 0
461. 2
509. 8
Passeneer
-_
- do
32. 2
37. 1
Property.. _.
-do. 12. 9
14.4
U.S. mail
do....
551.5
516. 8
Operating expenses (incl. depreciation)...- do
<-< 9. ()
1.7
Net income (after taxes)
do
Operating results:
57 451 59 409
"Miles flown (revenue)
thous
37 132 45 295
12 249 13 575
A'lail ton-miles
flown
do
3 810
3 990
Passencers originated (revenue)
do
9
476 2 667
Express Operations
Transportation revenues
mil $
i 92 2
i 29 1
cents
mil
mil $
19.6
604
347 4
20.1
594
350 8
57
49
13
3
2
630
346
588
871
458
i 95 9
i 29 3
Local Transit Lines
Fares, average cash rate
Passengers carried (revenue)
Operating revenues (qtrlv avg or total)
559.6
567. 9
563. 7
509 6
37 0
14 2
579 4
d
491. 8
41.0
16.2
552. 2
*tA
58, 677
47 920
17, 965
3 721
2 586
20.3
594
373 7
14 7
577 6
9Q 2
62, 735
46, 423
14,382
4, 204
2, 855
62, 393
46,919
14, 191
4, 553
2,986
64, 751
50, 109
14.249
4,484
2,890
88.4
25 3
31 7
20.3
587
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. avg. or total):
2 965
Number of reporting carriers
Operating revenue5' total
mil $ 1,234 4
Exoenses, total . .
do 1, 185. 4
71.6
Freight carried (revenue)—mil. tons..
T
(i
l
Revised.
*> Preliminary.
Deficit.
Quarterly average.
2
Number of carriers filing complete reports for 1961.
9 Includes data not shown separately.
*New series. Data prior to Sept. 1962 may be
56,488
40, 254
12,799
3,706
2,453
104 5
20.3
608
QQ I
15 6
61,914
43 715
13, 757
4, 068
2 755
20.3
535
20.4
575
331 9
653. 3
648. 7
587 3
41 9
0
14
599 8
27 6
632. 1
627. 9
^69 0
64, 620
47, 334
13, 164
4,966
3,431
66, 502
46, 151
13, 002
4,648
3,251
67, 333 64, 335
51, 894 52, 766
13, 617 -13, 043
4, 639
5, 151
3,119
3,588
96.3
29.9
93.5
27.8
20.4
608
20.4
618
20.4
548
357 0
66. 676
57. 797
15. 033
4.917
3, 165
20.5
531
20.5
534
20. 5
559
330. 3
20.6
628
20.7
562
obtained from Bu. of Census reports.
§Excludes "special category" shipments and all
commodities exported under foreign-aid programs as Department of Defense controlled cargo.
ISee similar note on p. S-21.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961 | 1962
Monthly
average
January
1962
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept. 1 Oct.
Xov
Dec.
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity) — Continued
Freight carried, qtrly. index of volume, class I and
II (ATA)
average same period, 1957 59 — 100 _ 1110.4 i 120.3
Carriers of passengers, class I (qtrly. avg. or total):
'2140
-1 140
Number of reporting carriers
-- Operating revenues total
mil. $_- * 1 20. 6 131.2
' 104.9
111.8
Expenses, total
do
r
56. 8
50. 4
Passengers carried (revenue)
mil
121 3
1?5 4
140
126. 1
111.7
55 °
I
1
1
Class I Railroads
Freight carloadings (A AH):
Total cars
Coal
Coke
Forest products
Grain and grain products
Livestock
Ore
Merchandise 1 c 1
116.4
thous__
- do
do
- do
do
2,382
424
29
156
237
2. 393
439
30
158
231
32.814
do_ _ _
do
do
19
145
121
1,252
18
144
97
1,277
327
491
492
90
81
97
101
67
83
49
94
-
Freight carloadings, seas. adj. indexes (Fed. R.):t
Total
1957-59=100.Coal
do
Coke
do
Grain and grain products
Livestock
Ore
Merchandise I c l
M iscell aneous
do
do
.-.-do _..
do
do
87
78
95
104
71
83
61
92
1.908
402
27
132
181
2,031
406
29
139
213
3 2, 661
3 487
3 38
3 186
3102
3
1 592
12
M6
r 71
r
1,057
11
41
70
1,044
9
52
75
1,109
93
91
68
96
110
66
79
45
94
91
84
75
95
100
62
76
44
94
90
87
77
94
91
53
74
43
93
94
91
81
97
108
57
80
41
96
3 533
330
3180
3307
3112
Financial operations (qtrly. avg. or total):
* 1.908
-388
r
26
r 127
r 181
r
2,240
3 14
377
396
1, 491
13
79
73
1,266
13
185
71
1,284
3 10
s 84
3 1, 554
94
88
84
98
108
59
84
40
97
3
2, 389
449
35
148
205
3 2. 971
3 571
s 43
3 182
3273
423
33
143
210
96
96
94
95
109
58
76
39
98
97
101
106
96
109
54
86
38
98
95
100
107
93
99
49
81
36
97
3268
^260
2,296,8 2, 360. 0
1,934.2 1, 997. 7
- do
156. 2
do
154. 8
1,817.8 1, 854. 6
do_
323.9
do. __ 344. 6
134.4
181. 4
do _
96. 1
142. 8
do
2 404 5
2, 031. 1
147.9
1,873.1
236. 1
295. 4
274.6
2 238 0
1 °()5 5
141.0
314.2
125. 8
81.5
153.9
1.346
4,589
148.7
1.320
4, 253
2,518
474
27
155
258
32.859 |
25
183
65
1,331
325
3157
3 81
1, 444
15
205
64
1,185
3 1, 523
10
55
53
1.081
94
100
104
94
91
99
90
93
91
97
84
95
86
51
83
36
97
97
51
81
34
91
101
43
87
34
92
93
94
75
98
112
48
81
33
93
92
94
78
96
105
56
104
31
92
94
90
84
97
109
50
91
33
96
8
212
63
1,161
2. 872
3
582
3 34
3
189
s 270
3
3
313
260
9 473 7
2 118 9
150 9
1 883 2
356. 1
934 4
188 S
Operating results:
1
151. 7
Freight carried 1 mile (qtrly.)
bil. ton-miles. .i 144. 5
Revenue per ton-mile (qtrly. avg.)
cents.. 1 1. 373 11.347
Passengers carried 1 mile, revenue (qtrly.) ..mil- . i 5, 064 14. 948
3
2, 307
464
28 !
147
200
2.137
300
30
135
229
3561
3 35
31X3
3303
1.972
417
29
130
197
165. 2
1 310
4. 695
Freight
'
"Passenger
Oneratin 0 ' expenses
Tax accruals and rents
Net railway operating income
Net income (after taxes)
1,798.0
9 395 o
9 035 0
157 1
1 $74 i
8^0 8
197 1
Waterway Traffic
Clearances, vessels in foreign trade:
Total U S ports
thous. net tons.. 14, 073
11,411
2, 662
United States vessels
do
Panama Canal:
Total
In United States vessels.
14, 913
12, 066
2,847
14,991
12,259
2,732
14,143
11,575
2,568
11,109
9,447
1,662
13. 831
4,876
531
11,337
2,494
17, 485
14, 331
3,154
16,341
862
5, 641
837
5,702
5,925
5,399
1,000
968
722
8.75
54
107
9.60
59
104
9.56
63
107
10.24
68
109
9.82
58
101
295
391
283
169
140
78
65
3, 278
56
2,331
40
' 1, 104
17,087
17, 463
14, 169
16, 003
13, 166
2,862
3,294
2,837
5,610
744
5 379
'792
5,721
835
5, 460
821
5,924
14, 583
11,901
2,682
14, 929
12, 067
thous. Ig. tons
do
5, 445
823
5,490
855
5, 177
1,013
5,422
713
4,118
547
Hotels:
\vcrage sale per occupied room
dollars
Rooms occupied
% of total
Restaurant sales index
same mo 1951—100
9.23
62
112
9.35
61
112
9.82
59
106
8.90
47
109
9.00
59
105
9.26
62
113
8.87
61
116
9.67
63
107
9.09
61
121
9.64
62
110
174
168
111
93
71
195
191
125
103
76
143
142
100
70
71
551
148
176
89
74
75
692
210
201
113
91
108
928
187
212
121
103
139
1,434
230
341
136
126
128
2,678
140
146
102
105
40
635
189
200
128
108
149
2,323
152
129
107
97
44
955
761
12, 577
726
12, 076
740.7
792.6
440.0
270.4
468.2
13. 875
3. 212
13, 486
2,855
Travel
Foreign travel:
TJ S citizens* Arrivals
Departures
Aliens- Arrivals
_
Departures
Passports issued and renewed
National parks, visits $
Pullman Co. (qtrly. avg. or total):
< i .. elixir nine.. i,reve lue;
thous __
do
do
do
do
do
2,082
155
M31
100
7,504
7,705
611
10, 397
706
12, 159
635
10, 702
5,082
^333
47
661
598
10 065
COMMUNICATIONS
Telephone carriers:
Operating revenues $
mil $
Station revenues
do
Tolls message
do
Operating expenses (before taxes)
do
Net operating income
do
Phones in service end of year or mo
mil
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous $
Operating expenses, incl. depreciation
do
Net operatin01 revenues
do
Ocean-cable:
Operating expenses, incl. depreciation
Net operating revenues
Radiotelegraph:
Operating revenues
Operating expenses, incl. depreciation
Net operating revenues
do
do
do
do
do
414.4
252.0
441.4
126.6
67.6
806.0
450.8
269.5
139.6
70.8
481.4
141.2
70.5
22, 144
22, 010
21. 245
20,004
20,197
19,854
1,029
582
598
3,023
2,452
3,013
2,542
2,969
2,602
240
153
54
4,471
3,453
4.675
3,675
4,685
3,767
857
817
740
147.9
71.7
151.9
71.9
155.5
72.1
164. 2
72.3
495.1
158.1
72.5
23, 479
21, 289
873
24, 280
21, 867
1,118
23, 516
20, 795
1,543
23, 834
24, 964
21,264
21,275
1,348
2, 590
2,597
3,241
3, 064
2,599
3,009
2,468
3,201
2,681
30
3,041
2.521
190
2,575
2,627
2,949
2,330
305
212
245
3,686
5,000
3,724
4.824
3,736
5,058
3,838
4,862
3,736
3,926
549
1,092
871
987
895
974
821.1
455. 4
280.6
485.6
143.2
71.0
797.1
452. 5
830. 3
257.0
465.7
285.1
488.1
145.7
71.5
286. 3
21. 866
20,468
600
22, 890
21, 381
*69
21, 759
20, 123
364
23, 044
2,931
2, 483
90
3,119
2,873
2,605
2,510
45
3,053
4,718
3,911
631
4,813
3, 869
727
4,421
179
r
d
2
Revised.
Deficit.
» Quarterly average.
Number of carriers filing complete
reports for 1962. 3 Data cover 5 weeks; other periods, 4 weeks. * Based on unadjusted
data.
t Revisions for 1962 are in the Aug. 1963 SURVEY.
836.3
463.8
280.5
478.2
849. 5
463.1
295.1
492.4
853.4
464.5
299.9
502.9
815.7
451. 8
276.3
487.6
146. 6
70.8
140.9
71.2
457.3
20,977
784
836.0
462.2
486.8
5.117
861.4
465. 6
304.4
844. 2
879.0
477.3
468.0
283.2
489.8
309.1
158.2
72.9
156. 1
73.2
523.4
24, 378
20, 700
99
291
5, 034
3,721
1,096
5, 069
3 822
1,015
§ Data beginning Jan. 1963 include visits to new park; comparable figure for Dec. 19
653,000 visits.
9 Includes data not shown separately.
SUEVEY OF CURRENT BUSINESS
January 1 6
04
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
S-25
1962
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Sept.
Aug.
Oct.
Nov.
Dec.
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
968
1,103
Acetylene
mil. cu.ft
1,129
1,117
1,139
1,193
1,067
1,157
1,123
1,070
1,126
1,145
1,104
1,197
1,208
Ammonia, synthetic anhydrous (commercial)
thous. sh. tons__ 433.9 ' 484. 1 ' 508. 6 ' 497. 8 501.3
501.6
571.4
574.0
598.0
562.4
537.3
528. 4
548.5
528.4
586.9
76.0
68.3
Carbon dioxide, liquid, gas, and solid
do
72.7
85.3
73.6
89.1
78.4
101.2
94.8
108.5
90.5
93.9
107.7
79.7
75.8
383.4
434.1
406.8
Chlorine, gas (100% C2)
do
428.6
442. 3
439.3
453. 8
458.6
454.7
452.2
454.4
469.0
470.9
490.0
441.9
77.4
83.6
75.8 '87.7 '94.6 '84.9
Hydrochloric acid (100% HC1)
_ _ _ _ do
90.7
88.1
91.7
87.2
86.0
85.5
88.4
87.8
92.8
Nitric acid (100% HNO 3 )
do
281.6 ' 280. 8 r 334. 7 ' 338. 9 362.9 341.7 371.5 335.1
338.9
287.8
336.4
405.9
304.0
372.7
325.5
9,145 11,131 11, 303 11, 920 11,308 10, 685 10, 140 r 10. 439 10, 960 10, 892
9,547
Oxygen (high purity)
mil. cu. ft_. 6,555 i 8, 661
9,578
9,078
218.2
Phosphoric acid (100% ~PtO$)
thous. sh. tons__ 187. 8 ' 203. 9 ' 212. 6 ' 196. 4 217.7
257.5
269.1
260.2
236.6
204.4
238.6 '261.7 253.3
229.5
Sodium carbonate (soda ash), synthetic (58%
348.7
344.2
383.9
413.2
381.9
349.1
419.8
Na 2 O)
thous. sh. tons__ 376.4
400.0
375.2
399.3
392.6
400.0
378.9
418.9
10.1
10.7
10.6
10.5
11.3
Sodium bichromate and chromate
do
10.9
10.7
11.6
11.8
10.7
8.9
11.5
11.0
9.6
10.9
409.5 ' 453. 6 r 463. 6 r 460. 1
426.9
452.8
Sodium hydroxide (100% NaOH)
do
463.0
478.1
474.5
473.6
476.8
472.4
487.9
495.5
497.8
Sodium silicate (soluble silicate glass), anhydrous
44.0
43.8
40.8
48.5
46.1
53.3
49.3
thous. sh. tons..
41.3
45.7
42.6
52.6
45.3
36.7
50.2
51.0
Sodium sulfates (anhydrous, refined; Glauber's
94.6 * 102. 6 r 102. 7 r 101. 5
88.4
99.6
91.6
104.4
107. 8
97.6
100.2
salt; crude salt cake)
thous. sh.tons.95.4
102.6
106. 5
Sulfuric acid (100% HaSO 4 )
do _- 1,487.3 1,612.6 1, 670. 5 1,675.1 1, 678. 5 1, 563. 4 1, 761. 4 1, 767. 8 1,831.3 1, 638. 0 1,563.2 1, 644. 4 1, 634. 4 1,793.5 1, 751. 2
Organic chemicals, production^
Acetic acid (synthetic and natural)
Acetic anhydride
__
Acetvlsalicylic acid (aspirin)
Creosote oil
mil. l b _ _ 65.3
105.0
do
1. 9
do
7.3
_ mil. gal _
82.2
103.5
2.3
7.6
91.9
99.5
2.7
7.5
89.5
114.6
2.4
8.1
87.0
98.7
2.0
7.6
81.6
84.6
2.2
6.7
93.3
106.9
2.5
7.1
85.3
103.4
2.4
8.4
98.1
112.9
2.5
8.3
87.2
109.7
2.2
9.0
83.1
107.0
2.2
7.4
84.7
103.7
2.1
8.8
72.6
111.6
2.3
9.2
95.4
104.6
2.6
8.6
89.5
106.1
2.6
8.1
14.3
8.5
98.6
146.0
13.9
8.5
119. 5
199.8
14.7
10.7
114.4
179.0
13.5
6.3
117.9
169. 8
14.9
6.9
124.4
167.8
15.6
11.3
116. 9
186. 9
17.7
8.0
113.8
214.0
17.2
9.7
117.6
211.5
16.4
8.9
116.6
217.3
15.6
10.8
114.0
203.8
17.7
7.9
118.0
190.7
14.8
9.6
127.8
218.3
14.3
8.7
121.4
216. 4
14.2
10.0
132.2
234.3
11.4
7.3
123. 1
227. 6
22.4
34.3
20.8
32.7
23.0
30.5
25.6
32.8
23.1
32.9
19.8
30.3
22.5
29.6
22.0
27.6
25.9
25. 5
26.8
25.4
21.5
20.8
25.9
19.1
26.8
15. 9
30.2
16.1
99 g
20' 5
.1
25.6
31.7
.1
28.0
35.6
.1
27.8
35.8
.1
29 2
38^4
.1
27.0
35.2
.1
26.6
32.6
.1
26.4
41.0
.1
28.8
39.4
.1
29.0
40.0
.1
27.6
40.4
.1
26.3
35.6
.1
31.7
37.1
.1
28.7
41.4
.1
31.4
45.3
.1
28.5
40.6
52.1
138.9
43.2
5.1
52.4
151.3
42.3
5.3
52.6
144.7
41.4
6.4
58.7
156.8
41.6
4.6
61.0
165. 1
46.5
5.0
52. 2
167^3
43.2
4.2
53.4
164.2
43.8
5.3
52.9
163. 3
45. 3
5.3
61.4
164.7
47. 0
5.7
50.4
170.7
42.7
5.5
58.1
175. 7
42.8
4.8
49,7
177.2
44.0
5.0
61.7
181.7
40.7
5.8
73.5
180. 3
47.5
7.5
23.4
23. 4
6.2
22.9
23.0
3.9
22.8
21.9
3.0
22.9
22.7
3.2
25.0
25. 3
3.1
23.2
22.8
3.5
23.6
24.8
2.3
24.5
23.7
3.1
25.3
25.4
3.0
23.0
22.9
3.7
23.1
23.4
3.3
23.8
24.3
2.8
22.0
T> 0
2.8
25.6
25 6
2.8
538
31
429
64
602
67
448
71
565
86
397
63
475
33
370
51
285
16
213
54
767
92
600
46
523
58
390
57
563
25
493
34
571
80
439
34
636
39
566
23
720
40
547
76
668
60
513
64
696
43
557
81
1,790
81
1,606
83
253
129
36
18
51
232
92
29
14
77
218
79
12
22
72
197
96
20
17
44
315
135
44
33
97
302
113
8
23
97
421
175
35
13
149
362
166
66
25
89
243
124
62
22
26
205
70
13
14
60
293
15S
46
14
76
14
31
173
197
113
199
308
167
284
490
216
49
150
290
161
258
229
417
232
423
258
491
237
524
261
505
247
490
271
399
299
239
290
256
232
372
199
420
237
446
237
428
'282
' 441
DDT
mil. Ib
Ethyl acetate (85%)
do
Ethvlene glycol __ _
__ __ do_ __
Formaldehyde (37% IICHO)
do
Glycerin, refined, all grades:
Production __ _ _."
_ __do
Stocks, end of month
do
Methanol:
Natural
_
mil. gal
Synthetic
_ _ _ _ _ _ _ _ _ do _ .
Phthalic anhydride
__ _„
mil. Ib
ALCOHOL
Ethyl alcohol and spirits:
Production
mil tax gal
Stocks, end of month
do
Used for denaturation
do
Taxable withdrawals _ _ _ _ _ _
do_
Denatured alcohol:
Production
mil. wine gal
Consumption (withdrawals)
do
Stocks, end of month_
do _
FERTILIZERS
Exports, total 9
thous.sh. tons_.
Nitrogenous materials
do
Phosphate materials,
do
Potash materials
do
Imports, total 9
-Nitrogenous materials, total 9
Nitrate of soda
Phosphate materials
__ _
Potash materials
_
do
do _
do
do
do
Potash deliveries (K_O)
do
Superphosphate and other phosphatic fertilizers
(100% PjO 5 ):
Production
thous. sh. tons_.
Stocks, end of month
do
228
123
41
13
36
2
701
64
517
88
458
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
3380
3306
lUack blasting powder
thous Ib
3247,273 277,199
High explosives
do
Paints, varnish, and lacquer, factory shipments:
152. 7
Total shipments
mil. $__ 145. 8
86.5
89.8
Trade products
_ _
do
59.3
62.9
Industrial
finishes
_ __
do _..
Sulfur, native (Frasch) and recovered:
520
490
Production
thous. Ig. tons
4,098
4,837
Stocks (producers'), end of month
_ _ do_ _
PLASTICS AND RESIN MATERIALS
Production:
12.3
13.2
Cellulose plastic materials
mil Ib
Thcrmosetting resins:
45.1
41.0
41kyd resins
do
Coumarone-indene and petroleum polymer
23.4
27.1
resins
mil. Ib
16.1
16.8
Polyester resins
do
55.4
57.4
Phenolic and other tar acid resins
do
36.7
39.9
Urea and melamine resins
do
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
95.5
104.0
mil. lb__
105.0
128.3
Vinyl resins (resin content basis)
do
133.9
168.0
Polyethylene
do
227
245,522
424
281,086
423
321,379
132.1
71.0
61.1
110.3 4 129. 0
57.3 468.0
53.0 461.0
131.5
73.7
57.8
152. 6
89.2
63.4
182.2
112,4
69.8
194.3
119.7
74.6
183.3
112.4
70.9
181.4
113.7
67.7
181.0
114.1
66.9
164. 5
98.8
65.7
175. 6
101. 9
73.7
14-?. 7
78. 4
64. 3
499
4,872
497
4,938
431
4,941
482
4,919
487
4,898
565
4,910
504
4,955
490
4,931
476
4, 880
473
4,844
491
4,743
410
4, 763
504
4, 963
12.7
12.0
11.3
11.7
13.9
13.2
13.1
13.0
10.9
12.1
12.8
14.0
38.4
33.9
42.2
39.3
45.0
47.3
51.0
50.0
46.8
47.7
43.3
47.2
27.0
15.7
58.9
39.6
22.7
14.5
55.3
38.3
25.7
18.8
61.2
42.0
20.1
18.4
53.0
40.5
29.1
22.0
63.3
44.8
24.3
23.1
60.8
43.4
27.3
23.6
63.4
46.0
21.0
21.4
60.5
42.6
21.2
19.6
50.0
35.0
27.0
21.6
63.0
41.2
25.5
62! 8
'42.2
30.2
23.9
69.3
48.4
106.1
132. 1
170.3
99.6
128.4
170.8
98.3
134.4
156.3
100.5
129.4
159.5
122.8
144.7
189.3
123.2
147.9
178.5
132.5
154.8
196.8
128.1
149.9
187.0
114.3
134.0
189.8
126.6
153.7
189.3
130.1
156. 5
183.3
136.5
167.4
202.4
J
* Revised.
Beginning Feb. 1962, data include quantities for 14 plants not previously
reporting. 2 Beginning4 July 1962, excludes ammonium phosphate formerly included.
,
3
Quarterly average.
Beginning Jan. 1963, data based on expanded sample; data for Oct.Dec. 1962 on new sample (mil. dol.): Total shipments 159.9; 138.3; 114.4; trade products, 90.6;
75.6; 60.5; industrial finishes, 69.3, 62.7; 53.9.
cfData are reported on the basis of 100% con-
164
315,789
tent of the specified material unless otherwise indicated.
separately.
9 Includes data not shown
January l ( .Mi4
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1961 j 1962
1963
!
Monthly
average
Nov.
Dec.
Jan.
Feb.
i Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
ELECTRIC POWER AND GAS
j
ELECTRIC POWER
Production (utility and industrial), total O
mil. kw.-hr__
Electric utilities, total
__.do__By fuels
do
By waterpower
do
Privately and municipally owned util
Other producers (publicly owned)
do
do
Industrial establishments, total
Bv fuels
_Bv waterpower
do
do
do
78, 073 r82, 736
•70.619 < r75, 347
'57,044 1 r•61,275
'13, 575 14, 072
86, 509
78. 835
64. 908
13. 927
77,123
69, 990
57, 323
12, 668
81.530
73, 720
58, 455
15, 266
78, 273
70. 535
55. 681
14. 854
81,756
73,619
58, 102
15. 517
83, 665
75.731
61. 756
13. 975
88, 703
81 000
66, 8?7
14 173
89. 861
81 973
68. 440
13 533
82 899
75, 156
63, 144
12 012
84, 845
76, 712
64, 491
19 999
82. 437
74 474
61,769
I 9 705
r
53, 636
o7, 436 r 60, 957
12, 367 '13,301 n3, 183 i '14.390
63, 804
15,031
56, 543
13,447
59, 661
14. 059
57.451
13.084
59, 937
13,681
62, 045
13, 686
66, ?87
14,713
67, 161
14.812
61, 769
13, 387
63, 181
13. 531
60,837
13, 637
7,675
7,362
313
7. 133
6,842
290
7,810
7.486
324
7.738
7.424
314
8,138
7,807
331
7. 935
7, 653
281
7,703
7,474
?29
7.887
7 665
222
7,735
7 533
202
8,133
7,917
9
15
7,963
7 799
941
73,226
66, 003
53, 349
12, 654
7, 223
6,942
280
'78,624
"•71,026
'57,003
'14,024
' 57, 725
r
' 7, 597 '7.454 1 '• 7. 389
' 7, 313 r 7. 168 ' 7. 096
r
'• 284
286 ! r 2 9 4
do_ _ - 60,061
64,215
66, 077
69, 608
68, 668
67. 920
65. 923
66, 095
67. 803
70. 509
73, 018
72. 079
69, 516
11, 239
28, 952
12, 008
31, 160
11 803
31, 450
11,840
31,201
12,073
31.641
12.018
30, 959
12. 076
31,982
12,052
32 278
12. 352
33. 033
13 503
33.304
14 938
33. 081
15 639
33, 871
15 097
33. 790
13 706
34, 279
do
do
do
do
do
Railways and railroads
Residential or domestic
Street and highway lighting
Other public authorities
__
Interdepartmental
64, 674
__do_ _
do
Sales to ultimate customers, total (EEI)
Commercial and industrial:
Small light and power
Large light and power
390
17, 418
564
1,370
1
128
393
18.868
612
1. 529
104
398
18 183
695
1,589
96
466
20 145
731
1.605
88
447
22,914
743
1,694
96
430
756
669
1,739
97
435
21. 050
652
1.601
123
378
18 888
604
1.600
123
372
18 006
566
1.616
149
346
18 304
541
1.647
157
351
19 759
551
1 673
163
358
'>() 690
591
1.707
161
348
0 356
631
1.706
15?
373
18 553
'691
1 776
' 138
00
9
Revenue from sales to ultimate customers (Edison
Fiectrlc Institute)
mil. $_. 1,014.1 1, 085. 4 1 077 0 1 102 5 1,158. 0 ]. 150. 1 1, 119 5 1 087 0 I 088 3 1 191 6 1 167 3 1 °00 7 1 187 8 1 136 9
GAS
Manufactured and mixed gas (quarterly): eft
Customers end of quarter total 9
thous-Residential
do
Industrial and commercial
do
2, 071
1,937
133
1 . 9 l) 2
1 800
109
1 , 884
1 765
118
563
401
158
530
370
157
554
392
158
70.7
54.4
15.9
67.3
51.3
15 7
69 7
53. 3
16 0
thous-- 31,661
__ do -- 29, 093
2, 533
do
32, 674
30,014
2, 624
33. 348
30. 595
0
716
33. 449
30. 668
9
. 740
33, 336
30, 628
2 671
mil therms- - 23, 397
7,894
do
14,272
do
25. 045
8 466
15. 391
25, 260
8 °64
15. 709
35. 950
17 004
17 308
23. 964
6,924
15, 982
Revenue from sales to consumers, total 9 mil. $ 1, 424.7
787.8
Residential
do
595. 1
Industrial and commercial
do
1,541.3
847 7
651. 0
1,553.7
841 °
667 4
2. 436. 3
1.537.4
837. 4
1.417.6
733 4
648. 1
Sales to consumers total 9
Residential
Industrial and commercial
mil therms-do
do
Revenue from sales to consumers, total 9
Residential
Industrial and commercial
Natural gas (quarterly): eft
Customers end of quarter total 9
Residential
_
Industrial and commercial
Sales to consumers total 9
Residential
Industrial and commercial
mil $
do
do
1.901
1 780
120
1.839
1 724
114
931
793
02
441
285
153
11? 3
90.4
56 9
42.3
14 5
9
91 4
.
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
7.92
Production
-_
mil. bbl_.
7.42
Taxable withdrawals
do
10.61
Stocks end of month
do
Distilled spirits (total):
Production
mil. tax gal-- 15. 35
Consumption, apparent, for beverage purposes
mil. wine gal-- 20. 12
Taxable withdrawals
mil. tax gal-- 10.04
861. 48
Stocks, end of month..
_ _ do
3.25
Imports
mil. proof gal- Whisky:
Production
mil. tax gal-- 12.13
7.08
Taxable withdrawals
do
837. 84
Stocks, end of month.
do
2.87
Imports
.mil. proof gal- Rectified spirits and wines, production, total
7.05
mil. proof gal-Whisky
do
5.32
Wines and distilling materials:
Effervescent wines:
.34
Production
mil. wine gal-Taxable withdrawals
do
.31
Stocks, end of month
do
2.64
Imports
do
.08
Still wines:
Production
do _. 14.00
Taxable withdrawals..
do
12.98
Stocks, end of month.
do
175. 82
Imports
do
.93
8.07
7.60
10.46
9. 38
6.81
6. 55
9. 22
7.57
6.35
10.00
6.60
5. 75
10.43
8. 11
7 22
10'. 82
9.14
8.12
11.27
9.81
8.96
11. 49
9.67
8.81
11.77
10.83
10. 22
11.70
9.38
9.26
11.18
7.42
7.37
10. 72
7.93
7.95
10. 19
12. 90
14. 40
12. 27
14.24
12. 96
14.26
14.34
15. 13
10.79
6.82
8. 52
9.42
15. 99
21.14
10.27
882. 72
3.60
26. 71
12. 70
874. 62
5.45
29 83
8.61
876. 00
4.20
17.77
8.69
879. 27
2.62
17.01)
8.37
881. 44
2.86
21.95
10. 18
882. 88
3.47
18.99
10.12
884. 21
3.27
22. 31
11. 12
885. 58
3.62
20.24
10.76
883. 31
3.26
19.98
9.25
878. 48
3.49
20. 13
10.02
874. 49
3.35
19.47
' 11.11
869. 81
3.94
24.45
14. 57
867. 44
5.71
9.41
7.18
859. 13
3.18
10. 13
9.63
849. 18
4.81
9.68
6.33
850. 47
3.69
11.74
5.98
854, 33
2 29
10.47
6. 10
856. 70
2.53
11.04
7.05
858. 20
3.04
10. 99
6.69
860. 36
2.86
10.69
7.10
861. 64
3.21
7.06
6.78
859. 77
2.90
3.40
5. 63
855. 34
2.99
5. Ofi
6. 46
851. 80
2 92
5.80
8.02
846. 88
3.38
10. 13
10. 85
843. 02
5.04
7.20
5.33
9.31
7.12
6.32
4.59
6.49
4.51
5. 58
4.16
7.01
5.13
7.10
5.20
7.72
5.60
7.37
5.23
6.23
4.42
6.73
4.62
7.74
5.68
10.88
8.35
.37
.32
2.79
.09
.30
.56
2.62
.16
.34
.49
2.43
. 14
.33
.26
2.48
.04
.48
. 19
To 5
.47
.24
2. 96
.05
.41
.28
3.07
.07
.39
.32
3.12
.09
.54
.31
3.31
.06
.21
.22
3.28
.05
.36
.31
3.29
.05
.34
.39
3.21
.09
.45
.54
3.07
.18
15.78
12. 52
178. 89
1.08
L4.79
15.26
239.38
1.60
5.66
12. 95
224. 60
1. 29
3.85
12.78
214. 60
59
3. 41
12. 19
201. 99
.86
2.94
14. 87
191.37
1.05
2.45
13. 04
174.43
1.20
2. 36
13.37
160. 15
1.11
1.84
12.77
142.49
1.00
2.01
9.57
134.11
1.00
3.04
12.84
120. 84
.97
45.43
12.52
155.87
1.07
108. 68
15.56
246. 45
1.92
9. 46
5.21
2. 05
Distilling materials produced at wineries.-.do
31.27
27.61
r
Revised.
1
Beginning Mar. 1961, data include sales not prevlously re 3orted.
O Revisions for Jan.-Nov. 1962 are available upon request.
6. 50
6. 75
39. 8 1
8.44
1.95
15.56
11.57
8.38
9.98 118.07 199. 04
d"T he avertiges shovim for ga 3 are quarlerly av erages.
9Iricludes d ata not s lown se] )arately.
|Rt vised da ta for 1st and 2d ^trs. of 1 362 appejir in the Sept. 19f >3 SURVE y.
6. 85
6.73
9. 85
Dec.
SURVEY OF CURRENT BUSINESS
1SHU
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
Monthly
average
S-27
1962
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory) J
..mil. lb_
Stocks, cold storage, end of month...
do.-.
Price, wholesale, 92-score (N.Y.)
$ per Ib.
Cheese:
Production (factory) totalj
mil. Ib
American, whole milkf
do
123.7
181.5
.612
127.9
363.4
.594
105 .2
344.8
.590
117.5
318.7
.589
130.5
310.9
.586
120. 7
328.3
.586
133.7
345. 5
. 086
138.2
356. 7
.587
153.6
377.0
.586
141.0
401.4
.586
114.8
392. 5
.587
94.7
367.0
.590
84.3
328. 7
.603
90. 6
284. 5
.596
136.2
95.7
132.1
91.1
110.8
69.5
118.3
72.7
115.4
75.4
110.1
72.0
129.4
85.2
145.1
103.1
171.8
126.9
175.2
130.7
150 .5
111.7
139.8
99.7
127.0
88.6
122. 5
81.6
429.8
Stocks, cold storage, end of month, total
do...
379.5
American, whole milk
do.._
6.3
Imports
.
do
Price, wholesale, American, single daisies (Chicago)
.
$ per lb._ .409
Condensed and evaporated milk:
Production, case goods:t
5.8
Condensed (sweetened)
mil. lb__
176.5
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of mo.:
6.0
Condensed (sweetened)
mil. lb__
243.6
Evaporated (unsweetened)
do
Exports:
3.9
Condensed (sweetened)
.
.do
7.6
Evaporated (unsweetened)
do
Price, manufacturers' average selling:
Evaporated (unsweetened)
. _ $ per case . 6.30
Fluid milk:
10,454
Production on farms
mil. Ib
4,301
Utilization in mfd. dairy productscT
do
4.22
Pricp wholesale, U.S average .
$ per 100 Ib
Dry milk:
Production:!
6.8
Dry whole milk.
_
mil.lb..
168.3
Nonfat dry milk (human food)
do
Stocks, manufacturers', end of month:
6.4
Drv whole milk
do
136.6
Nonfat dry milk (human food)
...do
Exports:
1.5
Drv whole milk
__
do
21.0
Nonfat dry milk (human food)
do_ __
Price, manufacturers' average selling, nonfat dry
.154
milk (human food)
_ __ .
$perlb .
463.4
420.4
6.5
438.8
398.6
9.0
422.1
384.2
9.6
395.9
359.2
3.8
360.0
325.4
6.4
343.4
309. 3
9.2
354. 8
317.2
9.0
384.3
343.5
7.8
416.0
373.9
6.6
439.9
394. 8
5. 7
435. 2
390.6
3.8
406. 4
362. 7
5.1
378. 2
r 336. 9
7.5
.400
.408
.409
.418
.422
.424
.425
.423
.423
.427
.428
.428
. 432
.432
6.1
160.7
6.9
132.1
5.8
143.7
5.0
135.8
4.5
123.8
6.2
146.2
6.9
190.0
8.2
204.0
7.7
199.6
8.8
182. 0
9.6
171. 6
6.9
136. 5
4.0
128. 1
4.0
120. 2
5.0
178.4
6.5
174.2
4.5
141.4
4.9
120.2
5.1
93.0
5.3
59.7
5.5
93.4
6.8
141.1
7.8
194.2
9.0
223. 5
10. 4
242. 9
6.2
231.8
5. 7
199. 8
6 5
1 50. 8
4.0
5.5
5.9
7.4
3.6
2.6
3.4
2.2
3.2
2.6
4.0
4.6
3.0
8.5
4.1
5.5
7.0
10.7
5.2
4.5
9.3
3.3
5.9
10.0
7.9
3.3
.3
3.8
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) --.mil. bu..
Barley:
Production (crop estimate)
....
do
Stocks (domestic), end of quarter, total
do
On farms
».
do
Off farms
do
Exports, including malt§
„
do
Prices, wholesale (Minneapolis):
No 2, malting
$ per bu
No. 3, straight
do
Corn:
Production (crop estimate, grain only)._mil. bu
Grlndings, wet process
do
Stocks (domestic), end of quarter, total
mil. bu.
On farms
_
do
Off farms
do
Exports, including meal and
flour
..do
Prices, wholesale:
No. 3, yellow (Chicago)
$ per bu
Weighted avg., 5 markets, all grades
do
Oats:
Production (crop estimate)
Stocks (domestic), end of quarter, total. _
On farms
Off farms--
1 395. 7
Exports, Including oatmeal
do
Price, wholesale, No. 2, white (Chicago) t
$perbu._
Rice:
Production (crop estimate) _
mil. bags9
California mills:
Receipts, domestic, rough
..mil. Ib
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end"
of month
mil. lb_.
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. lb_.
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of month.
__ mil Ib
Exports
do
Price, wholesale, Nato, No. 2 (N.O.)
$ per lb_.
r
3(53. 3
' 323. 7
6.05
6.05
6.03
6.03
6.02
6.03
6.03
6.02
6.00
6. 00
6. 00
6. 00
9,813
3,928
4.30
10. 043
4,188
4.24
9,470
3,900
4.17
10, 907
4.397
4. 05
11, 149
4,726
3. 87
12, 295
5.352
3.77
11, 842
5,099
3.71
10, 856
4, 276
3. 90
10, 154
3.715
4.07
9, 598
3, 297
4.27
9, 542
3. 364
4.42
9. 193
3, 248
4.47
6.6
185.5
7.1
143.3
6.6
172.0
8.7
174.0
8.0
166.4
6.6
193.5
5.4
217.9
7.0
257.0
6.0
247.2
6.2
189.7
5.9
151.2
6.9
121. 1
6. 7
123.6
4.6
83.5
5.1
99.0
7.0
96.6
6.8
92.0
5.4
86.0
5.2
98.0
5.5
120.4
6.5
135.1
6.5
115.3
5. 5
99. 0
4.7
81.4
f>3.' 1
5.3
63. 2
1.1
25.5
.2
25.3
.9
29.7
2.2
8.9
15.5
24.2
3.7
63.7
3.9
52.6
1.6
51.9
.8
50.6
1. 7
48.4
4.7
47.9
2.6
39.2
2.0
41.9
1.6
53. 6
.148
.144
.144
.144
.144
.144
.144
.144
.144
.144
.144
.144
.144
.144
96.9
83.1
97.8
34.4
99.4
106.8
118.9
133.7
100.5
98.2
84.6
92.9
115.6
.432
5.5
130. 1
6.3
123.4
330. r.
297. 0
5.99
9,345
3,582
4.40
125. 6
9, 695
1 436. 4
3
3
283. 2
159. 2
343. 0
212.3
5.4
8.3
6.6
4.3
4.7
2.2
8.0
79.3
5.3
1.7
4.2
423. 7
259. 4
164. 3
5.5
4.8
7.7
1.31
1.23
1.26
1.20
1.20
1.14
1.17
1.12
1.18
1.12
1.18
1.12
1.20
1.14
1.22
1.14
1.25
1.16
1.24
1.14
1.14
1.05
1.11
1.02
1.18
1.09
1.22
1.14
1.21
1.11
1.18
1.09
14.1
12.9
13.9
13.0
15.5
15.1
15.6
15.5
16.7
16.4
15.3
16.8
16.7
- 4, OS1
14.4
3, 246 3 2, 930
3 1, 783 3 1, 809
3 1. 463 31,122
24.5
35.5
41.8
4,224
2,972
1 252
35.5
11.9
33.1
3,042
2, 002
1,040
36.5
41.3
39.5
2,118
1 390
729
43.1
35.6
26.6
1, 295
4 494
4801
28.0
33.5
55.7
1.11
1.08
1.07
1.06
1.12
1.14
1.18
1.18
1.19
1.17
1.22
1.16
1.20
1.14
1.23
1.16
1.29
1.25
1.32
1.26
1.32
1.25
1.35
1.26
1.18
1.19
1.15
1.16
1.19
1.19
. 74
3 1 94. O
i 3, 626 ' * 3, 637
13.1
14.3
3
1.11
1.06
3657
3
576
1
4 146. 1
4
1
1, 020
3
381
632
3558
3
74
778
701
77
493
432
62
940
S97
113
4 934
*43
1.7
2.5
2.5
.8
1.5
.7
1.0
.6
1.5
1.0
.69
.71
.72
.77
.77
.76
.76
.74
.73
.72
.68
154.2
i 66.0
110
71
126
79
157
76
118
56
189
138
140
146
154
90
165
140
128
114
83
53
59
52
1.6
.8
.6
.68
.71
.71
. 72
66
54
61
45
271
62
81
46
1.2
- 70. 1
104
97
140
167
165
128
152
128
101
103
90
78
75
192
200
317
209
364
255
494
342
274
258
152
213
218
334
206
290
142
239
60
198
62
234
115
218
836
234
1,679
332
1,113
357
377
264
826
148
s.086
866
193
.094
1,374
211
.090
1, 303
214
.095
1,196
201
.098
1,015
255
.098
870
352
.098
729
307
.095
583
232
.095
388
101
.095
255
245
. 095
570
97
.090
1,340
87
.087
1, 235
197
.088
1,710
203
>' . 088
Rye:
1
Production (crop estimate)
mil bu
27. 5 i 40.8
3
Stocks (domestic), end of quarter, total
do
21.0 s 19. 9
23.8
5
Price, wholesale, No. 2 (Minneapolis). .-$ per bu..
1. 20
l. 22
1. 19
1. 23
1. 27
r
Revised.
v Preliminary.
1
Crop estimate for the year.
2 Dec. 1 estimate of the 1963 crop.
3 Quarterly average.
< Old crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye, and wheat; Oct. for corn).
« Average based on months for which quotations are
available,
t Re visions for Jan. 1961-June 1962 for cheese and nonfat dry milk and those for Jan .-June
1962 for FRASER
Digitizedfor butter, condensed and evaporated milk, and dry whole milk are available upon
115. 7
73. 7
6.11
r
203. 8
.593
232.0
129. 1
102.9
3.2
3 1*37 Q
mil. bu._ 11,011
do
do
do
89.6
241. 3
.593
10, 494
4. 329
4.11
90.5
3 292. 8
3 155 0
r
2 29. 4
15.3
45.9
939
1.25
1.23
1.26
1.21
1.22
.121) .122*
1.42 "~1.~45" "~i."44~ "I." 42"
request. Revisions for July-Dec. 1962 appear in the Sept. 1963 SURVEY
c? Revisions for Jan. 1959-Dec. 1961 are available upon request; those for Jan -D ec. 1962
appear in the Aug. 1963 SURVEY.
§Excludes a small amount of pearl barley.
t Revised series (for No. 2; formerly, for No. 3).
9 Bags of 100 Ib.
SURVEY OF CURRENT BUSINESS
S-28
1961 I 1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
January 1904
1962
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
June
May
July
Aug.
Sept.
Oct.
Nov.
Dec.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate) total
Spring wheat
Winter wheat
Distribution (quarterly total)
m i l . b u _ _ 1 1, 235 'I r 1, 094
i 273
i 160
do
1 1,075 '1 821
do
3332
3316
do
Stocks (domestic) end of quarter, total
On farms
Off farms
do
^o
do
Exports total Including
Wheatonly
do
do
flour
3305
1, 549
58.2
52.4
49.2
43.0
254
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2.48
$ per bu_. 2.28
2.04
2.19
No. 2, hd. and dk.hd. winter (Kans. City) _do
2.25
2.41
"Weighted avg 6 markets all grades
do
Wheat flour:
Production:
Flour
thous sacks (100 lb.)__ 21, 693 21, 839
93.3
92.4
Operations percent of capacity
405
406
Offal
thous sh tons
49, 333 49, 613
Grlndings of wheat
thous bu
Stocks held by mills, end of quarter
thous sacks (100 Ib ) . 34,703 3 4, 584
2,686
Exports
__do. __ 2,512
Prices, wholesale:
Spring, standard patent (Minneapolis)
5.520
5.909
SperlOOlb
5.166
5.621
Winter hard 95% patent (Kans. City) .-do
315
1,818
317
1,500
21,713
3260
3
1, 453
3 1, 854
3
2 1, 138
2233
2 905
1,505
196
1,309
311
382
1, 195
4
96
4
1, 100
1,947
411
1,536
4
31.5
27.9
52.9
47.9
16.0
14.1
58.3
51.5
64.8
55.1
74.0
67.7
83.2
74.5
49.1
39.1
58 7
54.8
52 1
47.6
57.4
51.5
75.5
70.4
61.0
55.1
2.53
2.31
2 50
2.49
2.28
2.48
2.50
2.27
2.47
2.52
2.30
2.47
2.47
2.33
2.45
2.46
2.37
2.44
2.41
2.28
2 38
2.50
2.03
2 18
2.31
2.01
2 12
2.26
2.03
2 19
2.36
2.09
2 29
2.43
2.20
2 37
2.39
2.21
2 34
22, 744
98 4
421
51 743
20, 584
93.0
380
46, 626
22, 116
90.9
411
50, 248
20, 700
95.4
382
47,017
22, 296
97.6
410
50, 550
21,570
90.0
398
49, 005
22, 542
94.0
414
51,105
20, 421
93.6
377
46, 520
21, 687
90 4
398
49 215
22, 886
95.3
425
51, 990
21, 409
97.9
400
48, 798
24, 649
98.0
497
56, 105
22, 220
93.5
412
50, 557
1 570
4,789
2,150
844
2,953
5,116
4,196
2,713
3,789
4,383
4,336
1, 702
1,937
4,516
2, 570
2, 232
2, 550
6 000
5 767
5.863
5.650
5.763
5.483
5.825
5. 550
5. 788
5.517
5.913
5.767
5.775
5.533
5 650
5.233
5 388
4 967
5.013
4.900
5.550
5. 283
T
5. 725
5. 467
v 5. 736
p 5. 452
462
2,092
1 592
r
1. 281
385
1, 793
1 . 282
1. 133
23.97
22. 38
22,16
20. 06
27. 50
23. 38
21. 53
P30.51
r
2.37
2.23
2.31
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves
.thous animals. _
Cattle
do__ _
Receipts (salable) at 27 public markets
do
Shipments feeder to 8 corn -belt States
do
Prices, wholesale:'
Boef steers (Chicago) ._
$per!00ib_.
Steers, stocker and feeder (Kansas City)._do
Calves ve?lers (Natl Stockyards, 111.), do
HOSTS:
Slaughter ("federally inspected) thous animals
Receipts (salable) at 27 public markets
do
Prices:
Wholesale, average, all grades (Chicago)
$per!001b_.
TTo2--eom price ratio (bu. of corn equal in value
t o l O O l b live hop)
„_
Sheep and lambs:
Slaughter (federally inspected)
thous animals. .
Receipts ''salable) at 27 public markets.- do
Shipments, feeder, to 8 corn-belt States
do ...
Prices, wholesale:
Lambs average (Chicago)
$ per 100 Ib
Lambs, feeder, good and choice (Omaha). do
417
1, 664
1.221
528
415
1,695
1,179
595
456
1,686
1,254
1,164
381
1,562
1,115
552
431
1, 795
5 1, 150
338
361
1, 558
952
234
410
1,694
996
350
373
1,727
1,196
487
330
1,875
1, 061
390
282
1,752
997
294
341
1,838
1 185
342
366
1,900
1 167
468
395
1,829
1 287
712
24. 46
23.30
30. 17
27.20
24. 53
29. 75
29.89
25.79
27. 00
28.59
25.18
30.00
26.90
24.53
33. 00
24. 69
23. 89
32. 00
23.30
23. 45
34.50
23.51
24.12
30 .00
22. 43
23.50
31.00
22.54
22. 74
28 00
24.56
23.19
9? 00
24.47
23.67
27.50
23.80
22.71
28.50
5,469
1,586
5,648
1,621
6, 376
1,819
5,954
1, 686
6, 333
s 1, 820
5,665
1,555
6, 559
1,686
6,343
1,797
5,910
1, 610
4,880
1,411
4 995
1, 465
5, 174
1,393
5,868
1,573
6, 775
1,846
6, 380
1, 72(3
1. 876
16.71
16.44
16.34
15.80
15.35
14. 85
13.78
13.52
14.73
16.36
17.20
16.60
15.53
15.29
14.39
13. 76
16.6
16.4
17.3
15.7
15.0
14.0
12.9
12.6
13.0
13.8
14.4
13 9
12 7
14.1
13.9
12.6
1,253
550
253
1,224
497
224
1,215
454
215
1,098
397
140
1,317
M85
192
1,053
381
84
1,137
390
98
1, 116
396
137
1,062
354
211
972
350
115
1,201
470
122
1,204
537
223
1, 236
601
426
1, 441
643
M57
1, 112
418
213
17.07
14.99
19,45
6 15. 57
18.75
15.82
19.25
(7)
19.25
18.50
* 17. 97 « 17. 44
18.75
°17.46
18. 25
"17.50
21.25
(7)
20 00
19.74
16 50
17.80
16 50
16.84
18 75
16.84
18 25
16.52
18 88
16.44
2,116
2,151
2,265
2,146
2,383
2,062
2 323
2,323
2 351
2 078
2 156
2 187
2 245
2 582
9 366
460
40
79
481
42
109
463
40
119
506
34
122
502
20
81
557
48
145
637
51
131
686
41
96
661
46
122
624
42
105
580
38
144
5?2
42
143
523
42
144
542
58
132
r 623
r
1 205
40'T
19 3*
(_*)
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in), inspected
slaughter
mil Ib
Stocks (excluding lard), cold storage, end of
month
mil. Ib
Exports (meat and meat preparations) t
do
Imports (meat and meat preparations)^.-- d o _ . .
Beef and veal:
Production, inspected slaughter..
. _ _ d o . . 1,051.0 1,046.6 1,019.3
180. 3
175. 5
163. 5
Stocks, cold storage, end of month
do
2.8
2.5
2.3
Exports. __ . _ _
_______
__
__do
89.2
55.4
79.0
Imports
_ _ d o ..
Price, wholesale, beef, fresh, steer carcasses, choice
.427
.489
.464
C600-700 Ibs.) (New York)
$per lh....
Lamb and mutton:
59.6
57.3
57.9
Production, inspected slaughter
mil, Ib .
19.9
11.0
14.3
Stocks, cold storage, end of month
do
975.0 1, 134. 8
176.9
201. 9
1.9
2.6
56.9
86.1
62
989.5 1,084.0 1, 106. 0 1, 194. 5 1,112.8 1 156 6 1 187 3 1 136 8 1 291 2 1 117 8
197 4
188 8
201 6
194 0
1Q7 3
246 1 r 979 5
228 2
199 9
208 8
9 y
2.0
1.9
2.1
2 8
1 8
2 7
1 7
3 2
19
62.6
98.9
88.2
93.1
78.6
105 0
116 1
120 1
110 1
610
•>79~Q
-.
.487
.463
.437
.408
.408
.409
.402
.420
.422
426
.417
404
391
52.9
15.3
65.6
13.4
53.1
21.0
57.0
22 8
55.1
23 7
51.2
21 4
44.6
19 8
55 0
19 9
55 7
19 8
57 4
18 0
67.3
17 8
52 5
I7 2
18 1
r
Pork (including lard), production, inspected slaughter
.
'
.
mil Ib 1, 005. 0 1,046.5 1, 188. 7 1,118.0 1, 182. 3 1,019.6 1,182.5 1,161.9 1,104 9 9'?0 4
944 9
943 5 1 050 6 1 223 4 1 195 7
Pork (excluding lard):
763.1
913.9
806.0
859.2
Production, inspected slaughter
do
918.0
901.1
798.8
852.6
924.7
708.0
731.4
735. 7
823.7
959.3 r 939.2
203.4
235.9
211.8
249.0
229.5
Stocks, cold storage, end of month
do
374.5
275.4
356. 3
332.6
323.9
210.4
275. 2
220.0
210.6
250. 2
255.0
5.7
5.3
6.8
6.7
7.8
10 5
Exports
_
do
10 8
14 1
13 0
11 5
9 7
14 4
81
6 5
15 1
14.5
16.0
17.0
Imports _
_
do
13.5
17.6
20.4
18.7
21 2
19 7
14 5
14 8
19 1
14 3
20 0
Prices, wholesale:
9
.471
. 491
Hams, smokod, composite
__$ p e r l b _ _
.518
.531
.480
.431
.468
.443
.440
.458
.478
.488
.465
.463
p. 471
.479
.475
.462
.447
.456
Fresh loins, 8-12 Ib. average (New York)_do
.380
.396
.426
.407
.495
.470
.461
.478
.498
.427
.417
Lard :
176. 5
Production, inspected slaughter
. __mil. Ib
175.3
200.7
188.3
192.1
186.7
184.0
189.2
161.1
155 3
165 1
155 0
151 3
191 3
187 1
Stocks, dry and cold storage, end of mo
do
120.4
98.9
128.4
148.2
93.3
162. 3
147.3
146.2
166.7
81.2
136. 3
113.9
75.2
88.3
90.9
no 9
CO A
34.7
Export?
do
35 2
49 4
19 1
15 9
60 *>
40 5
24 2
70 1
64 8
3- 9
Price, wholesale, refined (Chicago)
$ per lb_. .133
.131
.125
.121
.116
.120
.115
.114
.113
.115
.118
.125
.123
P. 142
M31
r
Revised.
v Preliminary.
9 Beginning Feb. 1962, prices not strictly comparable with those for earlier periodsi Crop estimate for the year.
2 Dec. 1 estimate of the 1963 crop.
3 Quarterly average.
monthly average based on 11 months (Feb.-Dec.).
« Choice onlv.
4
Old crop only; new grain not reported until beginning of new crop year (July for wheat).
^ t Revised effective Jan. 1961 in accordance with the Standard International Trade Classi5
6
Prior to Jan. 1963, data are for 25 public markets.
Average based on months for which
fication (SITC) grouping of items; this grouping excludes lard (included in former export
7
quotations are available.
No quotation.
series) and sausage casings (formerly included) but includes meat extracts, etc. (formerly
excluded).
Data for Jan. 1961-Aug. 1962 are available upon request.
SURVEY OF CURRENT BUSINESS
January 1064
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
I 1962
Monthly
average
S-29
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
FOOD AND KINDRED PRODUCTS; TOBACCO— Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil. l b _ _
Stocks, cold storage (frozen), end of month, total
mil.lbTurkeys
do
Price, in Georgia producing area, live broilers
$ per lb._
593
578
734
562
538
416
454
502
572
558
642
703
735
833
(588
322
192
306
199
386
265
335
203
328
198
291
176
251
153
210
117
185
96
178
89
193
101
256
1.55
363
251
490
361
r 426
288
300
°16
.132
.144
.132
.141
.138
. 153
.147
.145
.140
.135
.140
.135
.129
. 128
.137
. 125
14.3
14.5
13.9
14.5
i 14.4
13.4
15. 8
15.7
15.9
14.8
14. 6
14.3
13.7
14. 3
14.2
14.7
162
81
186
82
162
77
117
61
64
47
29
38
51
38
56
58
200
83
274
103
233
108
206
105
154
95
137
80
' HI
.355
.334
.394
.367
. 354
.370
.346
.299
.280
.289
.321
. 337
.395
.375
. 376
. 372
28.7
.227
23.8
.208
11.6
.209
14.7
.210
16.6
.230
46.8
.246
29.3
.239
39. 5
.255
21.5
.276
23.4
.256
14.4
.245
17.0
.245
21.6
.256
21.6
.276
. 255
. 261
Coffee (green):
Inventories (roasters', importers', dealers'), end
of quarter
thous. bagscf __ 2 3, 034
Roastings (green weight), quarterly totaL__do
2 5, 574
2 3, 355
2 5, 669
Eggs:
Production on farms
mil cases©
Stocks, cold storage, end of month:
Shell...
thous. casesO—
Frozen
,_ __ __
mil. l b _ _
Price, wholesale, extras, large (delivered; Chicago)
$ per doz—
r
68
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl. shells) ..__
thous. Ig. tons..
Price, wholesale, Accra (New York)
$ per ib—
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 month
mil. lb_.
Sugar :
Cuban stocks, raw, end of month
thous. Spanish tons..
United States:
Deliveries and supply (raw basis):
Production and receipts:
Production
thous. sh. tonsEntries from off-shore, total 9
do
Hawaii and Puerto Rico
do
Deliveries, total
_
do
For domestic consumption
do
For export and livestock feed
do__I~
Stocks, raw and refined, end of month. do
Exports, raw and refined.. _
sh. tons_.
Imports:
Raw sugar, total?
thous. sh. tons—
From Republic of the Philippines
do
Refined sugar, total
do
Prices (New York) :
Raw, wholesale
Refined:
Retail§
Wholesale (excl. excise tax)
Tea, Imports
4, 008
5, 074
3.435
5, 357
3, 518
6,078
3, 964
6, 080
r
1,861
714
2,041
758
2,281
940
2,530
1,135
1,241
434
2,238
851
2, 157
858
2.246
655
1.799
547
1,332
520
2, 016
850
1.888
745
2,168
909
2, 486
949
2,181
1,026
.363
103
.344
105
.338
'133
.340
107
.340
114
.338
110
.335
106
.335
94
.333
89
.342
82
.338
74
.335
95
.335
154
r . 353
146
.380
133
.380
184
180
228
231
202
175
154
159
171
186
219
230
236
243
'249
246
3,075
1,424
296
200
175
975
1,325
890
6&0
550
465
275
175
25
265
528
169
273
550
166
928
144
79
830
103
39
351
1.558
83
149
820
133
90
409
175
56
535
211
113
771
280
72
404
203
64
451
246
98
516
179
146
230
98
424
150
808
801
7
1,716
510
821
813
8
1, 599
259
778
773
5
1,893
268
832
826
7
2,261
293
745
737
8
2,101
291
602
598
4
2,127
137
922
918
4
1,826
241
886
887
-1
1,622
465
1,030
1,027
3
1,401
316
595
592
3
1,542
145
807
799
7
1,604
486
921
917
4
1.273
186
338
106
14
359
102
25
481
58
20
338
99
87
157
2
5
365
86
15
379
92
6
369
121
5
375
102
14
465
139
16
419
118
8
405
134
5
1,405
1,690
960
958
2
1.023 v 1, 250
209
154
379
101
3
42
1, 127
351
86
19
.092
$ per Ib
.063
.065
.064
.065
.067
.068
.069
.083
.109
.092
.077
.065
.073
$ per 5 Ib
$ perlb__
.570
.087
.569
.089
.573
.090
.574
.090
. 575
.093
.586
.093
.591
.095
.597
.100
.639
.127
.833
.139
.803
.121
.753
.108
.681
.099
.114
thous. lb__
9,111
10, 808
10, 128
12, 536
7,275
12,202
14, 808
12, 276
12, 285
7,155
9,493
7,717
11,011
13, 439
204.7
224.0
241.6
197.9
211.2
207.0
198.7
186.2
216.6
210.7
186.7
211.4
214.5
258.1
116.9
173.5
182.1
164.9
180.7
171.4
167.2
147.7
130. 0
132.0
115.5
112.0
103.7
103.4
104.0
177. 0
211.0
189.0
194.7
176.6
205.0
225. 2
182.0
188.7
195.7
197.2
190.5
183. 9
187.5
177.0
154.2
273.3
262.1
307.1
292.5
258.2
210.2
(4)
160.0
136.7
148.6
161.3
143.0
Baking or frying fats (Incl. shortening):
Production
mil Ib
Stocks (producers' and warehouse), end of month
Salad or cooking oils:
Production
do
Stocks (producers' and warehouse), end of month
mlLlb..
Margarine:
Production. __
do
Stocks (producers' and warehouse), end of month
Price, wholesale (colored; mfr. to wholesaler or"
large retailer; delivered)
$ per Ib—
i
.095
.084
v .127
228.7
245.0
248.6
273.3
325.0
281.5
220.5
143.6
143.8
155.9
157.0
173.9
148.0
141.0
132.4
140.3
125.9
125.2
38.3
39.0
40.3
39.3
49.0
52.4
59.4
52.2
46.4
46.2
40.8
41.7
40.8
44.1
39.2
.268
.256
.245
.238
.238
.238
.238
.238
.238
.238
.238
.238
.238
.238
p. 238
36.2
31.4
35.8
30.7
34.5
30.0
32.4
23.1
38.5
26.0
42.5
28.3
41.1
29.7
39.3
30.6
46.1
37.6
41.3
36.5
38.7
35.9
45.4
39.5
39.7
35.9
42.5
36.5
42.8
37.7
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
Production (quantities rendered)
mil. lb_.
Consumption in end products.
do__ —
Stocks (factory and warehouse), end of month
26.8
25.7
24.1
33.0
37.7
43.3
46.9
50.0
53.5
49.1
47.4
39.1
33.9
29.8
29.0
296.2
144.8
287.8
150.6
295.7
138.5
269.4
140.1
305.9
161.8
291.0
151.1
307.7
146.4
308. 9
151.0
338.8
169.3
312.3
149.0
309.2
127.4
330. 5
157.5
304.5
145.6
350.3
167.0
327.3
140.1
384.7
369.4
396.8
396.7
475.0
Fish and marine mammal oils:
Production}:
do
21.3
8.3
21.5
.7
.4
Consumption in end products
do
9.3
8.2
8.3
7.8
8.3
Stocks (factory and warehouse) , end of month
144.0
mil. lb- 123.7
178.2
182.4
166.3
f Revised, v Preliminary. * Beginning Jan. 1963, includes data for Alaska and Hawaii.
2 Quarterly average.
3 Effective Sept. 1963, includes small amounts of refined sugar,
tinctured, colored, or adulterated.
* Not available.
s Beginning March 1963, includes
General Services Administration stocks no longer required for the strategic stockpile; not
comparable with earlier data. o Includes a significant amount described as "contaminated."
430.0
434.3
427.4
379.0
336.1
349.3
354.6
333.6
353.0
372. 6
.3
7.4
.4
7.0
6.1
7.5
34.4
7.2
28.0
7.6
29.4
8.4
34.2
7.0
19.8
7.0
'14.2
'8.1
10.3
7.2
Tallow and grease (except wool), inedible:
Production (quantities rendered)
do
Consumption in end products
do
Stocks (factory and warehouse), end of month
163.5 s 156. 0
122.1
184.7
158.4
165.0
176.5
181.5 ' 159. 0 6 197. 2
OCases of 30 dozen.
cfBags of 132.276 Ib.
9 Includes data not shown separately.
§Price for New York and Northeastern New
Jersey.
AFor data on lard, see p. S-28.
^Revisions for Jan.-.Tune 1962 appear in the Sept. 1963 SURVEY.
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1961
Monthly
average
1962
Xov.
January UK] 4
1963
Dee.
Jan.
Mar.
! Feb.
Apr.
May
June
July
Aug.
Sept. i Oct.
Xov.
I >ec.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude
mil Ib Refined
- - ..
__do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil. lb_.
Imports
do
Corn oil:
Production :
Crude
_._do. -Refined
-- do
Consumption in end products}:
do. _
Stocks, crude and refined (factory and warehouse) e n d o f m o n t h t
mil lb_
Cottonseed cake and meal:
Production
thous sh. tons
Stocks (at oil mills) end of month
_ do _
Cottonseed oil:
Production:
Crude
- mil.lb.
Refined - ..
--do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil Ib
Exports (crude and refined)*..
.do
Price wholesale (drums* N.Y )
__ $ p e r l b _ -
41.6
38.6
54.4
i 35. 8
44.3
57 5
43.1
45. 6
54. 7
(-)
43.8
51 2
38 7
42.4
54 8
23 4
42.3
54 0
21.0
45.0
59. 6
24.7
46.2
61 0
22.4
54.1
66. 5
23 3
49.9
62 2
34. 5
46.1
57 0
26 3
50.1
65 0
31 3
45.3
60 7
33.5
47.1
67.8
39.4
44.5
57 0
313.6
13. 6
243.4
22. 1
219.6
31.3
242. 8
41 4
240. 5
45.3
254. 9
37 7
255. 3
40.2
241. 5
30.0
233. 2
31.1
210. 9
20 0
227.9
38 7
215.3
46 2
225. 0
35 3
219.5
39.4
209.3
28.0
26. 8
26.4
30.4
29.3
26.8
30.3
32.1
26.8
26.3
31.8
28.9
31.0
30.0
24.1
27.3
30.9
27.4
33.1
30.0
26.9
31.8
28. 1
26.6
32.8
30.5
26.5
33.5
29.0
24.8
34.1
30.1
23.3
34.8
26 8
28.9
31.9
31.5
29.5
847
30.0
31.6
34.6
32.2 '
26.4
34.6
49.1
51.0
44.9
49. 3
46.1
48. 6
54. 9
56.2
59.8
63.1
61.6
63. 1
62.9
67.1
204.0
168.4
222.5
118.1
362.9
99.2
300.0
98.5
322.1
105. 2
292.1
122.6
254.7
148.8
194. 2
197.7
135.2
216.6
86.6
210.8
71.3
187.3
101 0
154. 8
224 1
159.2
343.1
167.4
351.0
192.2
149. 5
125.5
110.7
161. 5
132.4
108.8
255.4
175.3
103. 4
211.4
162.5
101.2
228. 3
171.4
104.3
206.3
162.7
96.1
182.6
165.1
98.0
139.0
147. 7
89.2
98.4
125.4
91.8
62.2
80.0
95.4
51.2
52.3
83.3
70.5
57.4
88 5
156.7
98 9
92 7
241. 3
166.1
107.2
249. 4
169.2 ._
98.2 !
335.8
29.8
. 186
419.6
30.9
.167
460. 8
43.4
.151
529. 9
31.5
.151
610. 3
17.3
.153
671.2
20.2
.151
699. 2
63.3
.153
674. 8
29.8
.151
619.1
58.2
.155
561. 5
16.2
.154
513.7
16.0
. 160
465 6
23.7
.150
487 5
21.5
.151
554.7
25.2
.154
636.6
31.0 |.
p. 161 !..
35.5
31. 8
31.8
31.5
39.9
27.4
33.8
25.6
39.1
28.6
30.9
28.0
36.6
30.8
35.2
35. 0
38.0
35.4
39.8
35.5
8.1
36.5
25.9
35. 1
37.4
32 6
41.1
31.8
34.9 ..
28. 2
1 03. 0
.142
111.8
.142
116.6
.129
123.4
.127
130.9
.127
132.4
.127
133.7
.127
134.3
.127
129.2
.127
130.7
.127
99.3
.127
92.5
.125
92 2
.123
103.9
.127
109. 4
P. 128 |._
778.4
147.2
867.8
86.5
988.2
64.4
981.9
88.8
987.2
99.3
893.3
78.7
960.0
123.3
823.3
96.0
945.6
102.7
899.7
134.8
878.7
113.3
901.0
139.4
736.9
139.1
944.4
142. 2
918.7
164.2
370.2
299.4
288.7
407.4
338.9
340.7
452.3
355.2
344. 2
450. 4
329.6
320.2
456.2
348.8
328.0
413.1
315.0
326. 5
451. 5
362.6
341.6
386. 4
338. 3
290.6
443.7
316.7
315.8
422. 2
333.5
307.8
413.6
295.4
302.7
426 9
336.1
303 9
345.9
340.0
320 5
442.1
361.5
348.9
426.2
323.9 :i__
315 5
704. 5
50.2
. 157
803.9
101.1
.133
640.1
75.1
.129
733.5
93.4
.128
703.6
48.4
.134
822.0
38.5
. 133
842.1
153.4
.135
788.1
179.4
.132
832.8
95.5
.135
878.2
77.7
134
921.2
81.2
.132
923.1
87.0
124
919.8
142.7
. 133
(2)
99.6
.133
894.1 L
42.1
P. 142
Linseed oil:
Production, crude (raw)
mil. 11)..
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil Ib
Price wholesale (Minneapolis)
$ per Ib
Soybean cake and meal:
Production
thous. sh. tons-_
Stocks (at oil mills) end of month
do
Soybean oil:
Production:
Crude
mil Ib
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month J
mil Ib
Exports (crude and refined)*
do
Price wholesale (refined ' N "V )
$ per Ib
r
...
...
TOBACCO
Leaf:
3
Stocks, dealers' and manufacturers', end of quarter total
mil Ib
Exports, incl. scrap and stems
thous. l b _ _
Imports, incl scrap and stems
do
Manufactured :
Production (smoking chewing snuff)
do
Consumption (withdrawals) :
Cigarettes (small):
TVix-oxonipt
millions
Ta vable
do
Cigars (large), taxable
do
Exports cigarettes
millions
2 061 T 32 314
8 4, 580
41,750
13,870
5
4, 696
39, 073
13,951
52,993
18, 187
5 099
52, 588
10, 335
6,484
15,172
30, 926
13, 834
5,068
36, 027
13, 492
33, 135
13, 209
28, 335
14, 547
4 645
40, 949
13, 458
33, 215
14, 857
40, 033
14, 231
4 749
64. 827
11,905
76, 548
15,802
14.429
14, 066
14, 337
11,212
14, 236
13, 093
13, 285
14, 430
14, 792
13, 860
12, 576
15 019
14, 759
16,604
3 296
40, 677
531
14 123
1 851
3.422
41,205
530
13 770
2 007
3,661
42, 546
662
13,863
2, 155
3.514
34, 734
336
11 953
2,451
2,417
43, 467
494
13, 903
581
3,338
37, 969
452
12, 503
2, 148
3,428
39, 555
475
12,942
2.043
3, 483
42, 271
554
14 139
2,044
4,107
48, 248
644
14 708
2, 635
3,266
41, 562
509
13 071
1,929
3,347
42, 414
566
13 012
1,990
3 867
47 006
606
14 810
2 448
'
3. 173
42, 399
555
14 382
1, 656
3.740
46. 740
652
15 838
9 194
6, 609
147
5. 861
136
7,124
190
59.291 [_..
2.047
:
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 $
•^heep and lamb skins
thous pieces
Goat and kid skins
do
Prices, wholesale (f.o.b. shipping point):
Calfskins packer heavy 9V£/151b
$perlb
Hides steer heavv native over 53 Ib
do
7, 179
209
6. 909
171
7,504
184
5. 510
125
637
593
672
530
382
5,357
3,492
3 361
2,217
2 325
1 228
5, 539
2 290
] 198
1 103
8^3
992
989
v 63 1
P . 150
*> .623
v .152
.550
.153
. 550
.138
625
7.677
161
734
5, 501
175
529
6,799
155
701
5,249
139
539
5, 726
117
361
590
6, 1 53
2 546
1, 782
7.645
4.925
1.097
6,220
2 992
1,429
7,020
3 132
1 515
4,887
1 608
1,127
6 692
3 709
1 275
. 500
.133
.475
.110
.400
.118
.375
.113
.375
.118
.350
.108
.113
3, 961
39
LEATHER
Production:
498
533
472
515
Calf and whole kip
thous skins
532
1,877
1,724
1.895
1,909
1,860
Cattle hide and side kip thous hides and kips
1,184
1.239
1,113
Goat and kid _ _ _
_.
thous skins
1,248
1,395
2, 527
2,714
2 413
Sheep and lamb
do
2 658
2. 838
Exports:
3,221
4,615
Glove and garment leather
thous. sq. ft_. 5,244 3,502
3,879
3,019
4,291
1.042
2,873
3,893
TJpperand lining leather
do
Prices, wholesale:
. 697
Sole bends light, fob tanner v
- $ per Ib
v .711
. 717
. 717
v . 707
Upper, chrome calf, B and C grades, f.o.b. tan1.260
1.220
1.197
nerv .
$ per so. ft.. * 1. 401 "1.326
r
Revised.
v Preliminary.
1
Average based on reported annual total. 2 Not available.
3
Crop estimate for the year. 4 Dec. 1 estimate of the 1963 crop. 5 Quarterly average.
6
Effective Sept. 1963, excludes small quantities formerly included.
7, 104
190
622
350
661
919
4.948
4 809
1 723 6 1 923
1 346
1 211
.350
.108
418
462
492
424
1,772
1,176
2,675
1,798
1,191
2,772
1,947
1,269
3,122
1,769
1,366
3 007
1,593
1,141
2 367
1,801
862
3,234
5,777
3,865
5.507
3. 633
4,174
2, 773
4,436
4,026
4,236
2,966
3,272
2,573
5,548
3 860
.300
.103
485
1,722
1,111
2, 923
458
483
7. '256 _ _ _
206
843
4. 320
1 249
1.950
756
.275
f .110
403
r
532
1.769
1,064
2, 833
2. 031
1.256
3,128
4.252
2.955
5,493
4 436
p. 300
p. 110
4.763
3.984
.697
.697
.693
.693
.687
687
660
.657
.657
p. 657
1.158
1.152
1.177
1.173
1.173
1.170
1.140
1.133
1.097
p 1. 103
{Revisions for 1962 appear in the Sept. 1963 SURVEY.
*New series. Data prior to Sept. 1962 may be obtained from Bureau of Census reports,
9 Includes data for items not shown separately.
SURVEY OF CURREXT BUSINESS
J j u m n r v 1!M54
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
S-31
1963
1962
Monthly
average
N
iNO
'
Dec.
Jan .
Feb.
Mar.
May
Apr.
June
July
Oct.
Sept.
Aug.
Nov.
Dee.
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production, total! _
__ thous. pairs - 49,409
Shoes, sandals, and play shoes, except athletic
42, 303
thous pairs
6 047
Slippers for housewear
do
553
Athletic
_
do
505
Other footwear
do
Exports
do
Prices, wholesale, f.o.b. factory:
Men's and bovs' 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
49,803
45 514
41,071
52. 413
49, 760
51,983
49, 367
48, 863
44, 635
44, 848
55, 670
r
50, 132
53, 812
42,033
6 603
583
584
30 628
7 697
610
579
35,934
4 077
509
551
47, 538
4 004
456
415
44. 864
3,995
528
373
46, 026
4,989
' 505
463
43, 251
5,084
612
420
41,915
5 855
660
433
37, 997
5,401
558
679
38, 430
5 368
377
673
46, 686
7,526
495
963
r
40, 486
8,087
r
486
r
1, 073
42, 775
9, 229
495
1,313
177
201
154
73
214
233
161
160
145
136
182
190
105.5
105.6
105.1
105. 1
105.1
105. 1
105.1
105. 1
105.1
105.1
105.1
105. 1
105.1
105. 1
105 1
108.1
110.2
107.8
111.2
106.5
111.4
106.5
111.8
106. 5
110.9
106.5
110.6
106.5
111.0
106. 5
109.9
106.5
110.2
106.5
110.0
106.5
111. 1
106. 5
111.3
106.5
111.1
106. 5
111.3
106.5
110.6
179
r
9
05
208
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association:^
Production, total
mil. bd. ft_.
Hardwoods
do ._
Softwoods
do_ __
Shipments, total
Hardwoods
Softwoods
_
-
-do
do
do
-
Stocks (gross), mill, end of month, totaL.-do
Hardwoods
do
Softwoods
.- - do
Exports, total sawmill products
Imports, total sawmill products
SOFTWOODScT
Douglas fir:
Orders new
_ _ _
Orders, unfilled, end of month
do
do
mil. bd. ft__
do
Production
- -Shipments
Stocks (gross), mill, end of month.
do
do
do
2, 668
496
2,172
2, 764
530
2,234
2,777
588
' 2 190
2,722
535
2,187
2,777
525
2,252
r
2,421
537
1,884
2,550
526
2,024
2.663
541
9 199
2,878
581
2,297
2,935
626
2,309
3,121
613
2,508
2,835
619
2,216
2,743
554
2,189
3,145
588
2,557
3. 115
609
2 506
3,244
617
2,627
2,798
600
2 198
' 2, 380
526
' 1, 854
2,526
518
2,008
2, 638
571
2, 067
2,823
600
2,223
2,969
594
2,375
3,235
581
2,654
2,923
564
3,359
2,939
520
2,419
3,100
567
2, 533
2 903
56?
2,341
3, 054
592
2, 462
2 707
579
2, 128
7,003 r 6, 346 ' 6, 555 * 6, 598 ' 6, 580 '6,603 ' 6, 658 ' 6, 679 '6,508 '6,419 ' 6, 243 ' 6, 312 r 6, 454
1,872
1,755
1,723
1, 702
1,866
1,887
1,914
1,529
1,736
1,830
1,747
1,771
1 735
5,131
4,817 r 4 820 r 4, 851 T 4, 825 r 4, 880 r 4, 956 r 4, 943 ' 4 737 ' 4, 589 ' 4 377 ' 4, 425 ' 4 540
r 6, 493
1, 964
r
4 529
6, 555
1 987
4 568
63
355
63
408
68
357
64
301
58
252
61
410
71
423
63
425
83
463
60
516
77
616
76
575
77
84
82
640
471
'680
496
'636
441
'636
507
678
'655
623
609
637
568
724
577
759
542
664
554
609
521
618
450
719
491
800
520
649
528
665
673
991
'•ess
580
571
"•938
665
619
'983
651
580
'1,054
705
678
' 1, 082
732
716
1,098
726
793
' 1, 031
595
651
'974
542
643
'882
692
689
'894
700
677
'925
745
772
'878
660
641
9?3
26
10
17
27
7
20
26
8
18
25
9
17
24
9
15
32
14
19
32
11
21
35
11
24
22
8
14
30
9
21
31
11
21
26
10
16
34
15
20
37
14
93
78.65
77.81
76.66
77.82
78.24
78. 13
78.67
79.86
80.84
86. 00
85.90
79. 86
77. 96
v 77 79
122. 52
125.98
126. 44
127.42
129. 12
130. 05
130. 51
131.74
131.74
136. 04
138. 45
478
255
455
231
346
225
437
243
403
250
483
276
553
318
543
309
496
312
541
305
523
279
486
269
562
279
483
?64
468
467
396
352
451
419
426
396
460
457
489
511
531
552
478
493
511
548
518
549
503
496
545
552
484
498
1,453
6. 075
655
5. 420
1,431
5,174
907
4,267
1 410
9,761
1 402
8, 359
1,395
5, 334
534
4,800
1 358
5,926
987
4,939
1 327
7,174
675
6,499
1 334
4. 608
397
4,211
1 327
7, 676
C
833
c
6, 843
1 313
8,210
1 2?5
6 985
642
642
1,126
23
Exports, total sawmill products
do
10
Sawed timber
_
_
do
12
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft.. 78.43
Flooring, C and better, F. G., 1" x 4", R. L.
$ per M bd. ft.. 124. 21
Southern pine:
475
Orders, new
mil. bd. ft..
224
Orders, unfilled, end of month
do
Production
.
_ . do
Shipments
do
Stocks (gross), mill and concentration yard's, end
of month
_mil bd. ft _
Exports, total sawmill products
M bd. ft_.
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale, (indexes):
Boards, No. 2 and better, V 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 month..
do _.
Production.
_.
__
do
Shipments
. do. _
Stocks (gross), mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3, 1" x
12", R. L. (6' and over)
$ por M bd. ft-..
2 673
541
' 2, 132
___
r
660
'928
r
r
r
136. 72 '137.67 ^139 77
468
474
478
475
1, 360
5,827
1,342
4,486
1,366
6,325
1,571
4,754
1 344
5,543
637
4, 906
1,388
5,898
673
5,225
1,420
1, 393
305
1,088
1,450
7,614
761
6, 853
92.7
93.1
91.6
91.1
90.9
90.9
91.2
91.7
92.1
92.9
93.9
94.3
94. 0
'92.8
93 8
95.3
94.6
95.2
94.9
94.6
94.4
94.4
94.5
95.0
95.3
95.5
95.7
96.0
95. 6
95.6
764
361
800
416
083
327
359
738
403
709
367
776
304
875
424
941
400
910
417
942
435
892
356
860
347
1 00?
384
730
35°
754
765
1,858
789
797
1, 679
1 789
684
694
1,779
630
680
1,728
753
798
1,683
833
779
1 , 737
763
815
1.737
916
965
1,636
835
894
1.577
866
924
1,519
1 006
971
1 554
977
875
1 656
999
837
1 083
1 093
69. 63
67. 43
65 15
65. 26
64. 95
65. 1 1
6fi. 06
67.72
68. 53
69. 06
70.79
72. 16
70 56
'• 05. 90
p 05 90
3.1
11.3
3.1
3.0
8.7
3.1
10.5
2.4
9 8
2 6
2 0
6 3
3.0
10 5
2 8
2 4
6 8
3.0
10 6
2 7
2 6
6 9
3.4
11. 5
2 7
2 4
7. 1
2
11
2
2
7
8
6
§
6
4
3
11
2
3
6
4
4
8
2
9
3
11
9
3
6
5
4
5
4
2
2
10
9
3
5
3 1
10 2
33
3 3
5 4
2 0
10 0
3 ?
10 0
3 3
? 1
10 4
2.9
7.9
3.0
9.6
2 6
2.8
6 0
64.2
35.6
65.5
65.4
100.8
65. 7
42.8
65.0
65.9
75.2
60. 2
32 4
68.8
64 9
61.5
47.0
29 4
54 0
49 1
48 5
67. 7
33 3
67.4
63 8
52 1
76.0
50 8
58 1
58 6
51 6
70. 1
52 3
62.7
67 1
47 2
68
51
69
70
45
3
6
3
2
8
77
52
76
77
44
0
1
7
6
8
68
49
70
74
40
4
6
0
5
?
72 9
48 1
75
47
75
76
37
64
44
69
68
38
744
"R9
HARDWOOD FLOORING
Flooring:
Maple, beech, and birch:
Orders, new
.
mil. bd. ft_.
Orders, unfilled, end of month
do.. _
Production
_ _
_
do
Shipments
do
Stocks (erross), mill, end of month
do
OakOrders, new
__
do
Orders, unfilled, end of month. _ _ _
do
Production
_
__ do.. Shipments
do
Stocks (sross), mill, end of month ... do
r
c
Revised.
*> Preliminary.
Corrected.
{Revisions by months for 1961-Sept. 1902 are shown in Bu. of Census report M31A(02)-13.
8
5
7
4
5
74 4
38 0
5
5
3
1
?
9 8
9 4
5 8
9
9
4
6
7
9 (,
0 0
7>>
40
79
77
39
^
4
9
5
7
•> 4
0 0
55
34
08
64
41
1
7
3
7
°
cf Revisions by months for 1901-Oct. 1902 for production, shipments, and orders will b<»
shown later; those for 1951-62 for stocks appear on p. 28 of the Jan. 1904 S L ' K V E Y .
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1961
January
1962
Monthly
average
Nov.
1963
Dec.
Jan.
Feb.
Mar.
May
Apr.
Juno
July
Aug.
Sept.
Oct.
Nov.
Dec.
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (incl. pig iron, excl. advanced mfs. and ferroalloys) :
Exports, total 9
_ _
thous. sh. tons _
Steel mill products
do
Scrap
do
Imports total 9
Steel mill products
Scrap
_
do _ _
do
do
I
1,018
106
809
615
168
426
572
189
363
536
164
354
220
53
145
796
174
556
638
179
425
688
198
459
826
223
564
778
1G9
589
913
195
698
178
748
329
262
21
424
342
22
450
353
23
384
311
20
266
234
18
393
340
13
427
387
18
500
425
17
597
516
30
603
4.67
28
609
599
12
5,415
3,252
2, 163
5,517
8,807
5, 251
3,138
2,113
5, 454
8,592
5, 516
3,347
2,169
5, 680
8,307
5. 587
3,292
2, 295
5 668
8, 225
6, 519
3, 877
2,641
6,825
7,920
7, 076
4, 215
2,861
7,207
7, 785
7, 538 !
4, 465
3,073
7,583
7,738
23. 58
23. 50
25. 25
26.50
25.61
28.00
27.17
29.00
26. 51
28. 00
27.00
30. 50
3,194
3,451
2,476
3,107
1,198
1,461
3,325
1,448
1,374
3,151
1,203
1,451
3, 763
1,419
1.362
6,375
7, 366
386
86, 118
11, 271
68, 376
6,471
2,789
7,552
262
83, 194
13, 152
63, 613
6,429
2,379
8,278
81
79, 014
15, 098
57, 720
6,196
2,612
7, 691
112
75, 835
17,046
52, 641
6,148
33
41
35
Iron and Steel Scrap
5.494
Production and receipts, total
thous. sh. tons.. 5,315
3, 387
3,206
Home scrap produced
do
2, 107
2, 109
Purchased scrap received (net)
do
5, 513
5,361
Consumption total
do
8, 844
8,651
Stock^ consumers' end of mo
do
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
._$ per Ig. ton_. 36.64 * 28. 12
35. 00 » 29. 00
Pittsburgh district
do
Ore
Iron ore (operations In all U.S. districts) :
6,050
Mine production
thous. Ig. tons.. 5,983
5, 859
6.033
Shipments from mines
do
2, 786
2,151
Imports
do
U.S. and foreign ores and ore agglomerates:
8, 121
7,759
Receipts g,(- iron and steel plants
do
8,041
8,143
Consumption at iron and steel plants
do
491
415
Kxports
do _ _
81,930 75, 737
Stocks total end of mo
do
14, 657
15, 873
At mines
__do
59. 790 55, 293
At furnace yards
do
5,787
6,267
At U S docks
do
79
86
Manganese (mn. content), general im ports _ _ _ d o
941
817
162
640
9] 9
552
657
9Q7
428
637
547
14
471
550
519
6, 858
4, 168
2. 690
6, 867
7, 731
5. 958 * 5, 513
3, 732 p 3, 406
2 227 p 2. 106
5, 681 p 5. 429
8,011 P 8, 096
p 5, 494
p 3, 364
p2, 130
P 5, 572
"8,011
28.30
30. 50
26.20
25. 00
25. 69
25.00
26. 56
25. 00
26.89
26. 00
26.' 65
4,031
2,123
1,876
8,354
9, 111
3,053
9,019
10,588
3,706
8,933
10, 704
4,170
8, 865
10, 587
4,220
8, 573
9,718
7.318
9, 117
3. 426
9,339
104
71, 995
19. 390
46. 720
5, 885
4,026
9,691
178
67,611
21, 335
41, 054
5,290
12,050
10, 701
843
67, 893
20, 568
42, 378
4,947
13, 177
10, 018
949
68, 969
19. 002
45, 033
4,934
13, 070
8,758
1, 258
71, 56-p17 W6
49, 358
4,981
13,375
7, 548
1,095
75, 732
15, 505
55. 188
5,039
12, 535
7, 516
711
79, 649
14, 359
60, 185
5,105
12. 386
8. 010
715
81.194
11.391
64, 5,50
5. 253
65.450
5,343
116
107
86
42
105
70
110
5,316
5,413
6,449
6,576
6,763
6,905
7.436
7, 584
6,940
6,990
5,989
5,909
5,174
5,278
5,270 v 5., 221
5,525
5, 565
62.75
^63.00
790 1
P27.02
P 25. 00
8, 932
8,033
428
Pig Iron and Iron Products
Pig iron:
Production (excl. blast furnace production of ferroalloys)
thous. sh. tons _
Consumption
do
Stocks (consumers' and suppliers'), end of" mo.
thous. sh. tons..
Prices:
Composite
- $ per Ig. ton _
Basic (furnace)
do
Foundry No 2 Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments total
do
For sale
do
Steel, Crude, Semifinished, and Finished
Steel ingots and steel for castings:
Production
thous. sh. tons__
Index
1957-59=100..
Steel castings:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments, total
do. _
For sale total
do
Steel forgings (for sale):
Orders, unfilled, end of mo
do
Shipments total
do
Drop and upset
_ __
_
do
5,393
5,483
5,477
5,550
5, 094
5,207
5,337
5, 356
5,584
5,677
3,250
3,178
3,075
3,125
3,040
2,969
2,864
2,747
2,634
2, 669
2,782
2,908 »2,811
65. 95
66. 00
66. 50
65. 46
65.50
66.00
63.08
63.00
63. 50
62.95
63.00
63.50
62.95
63.00
63. 50
62.95
63.00
63. 50
62. 95
63. 00
63.50
62.95
63.00
63.50
62.95
63.00
63.50
62.95
63.00
63.50
62.95
63.00
63.50
62.75
63. 00
63. 50
62.75
63.00
63.50
62.75
63.00
63.50
653
902
515
680
963
527
669
988
535
693
892
464
755
984
496
775
924
483
802
1,055
558
818
1,154
653
840
1,218
688
819
1,146
646
806
1,003
578
805
985
608
805
1.037
598
758
1,194
657
56
60
36
73
72
41
79
77
45
82
70
39
80
80
45
83
75
42
83
81
45
79
82
46
78
85
48
78
44
82
68
37
82
68
40
82
74
42
78
87
50
8,168
100.9
8,194
101.2
7,846
98.3
8,080
97.9
8,391
101.7
8,222
110.3
10, 080
122.2
10, 695
134.0
11,490
139.3
10, 365
129.8
8,654
104.9
7,782
94.3
7.858
98.4
8,483
102.8
153
101
78
183
119
93
175
106
83
181
109
86
193
115
91
196
116
91
207
127
99
215
130
104
217
145
115
201
131
105
217
105
86
216
119
95
219
121
97
995
135
106
274
99
73
308
113
86
277
108
83
282
97
74
282
115
85
305
111
82
310
122
92
323
124
92
312
125
93
297
118
87
306
96
74
310
105
78
'298
'115
91
306
123
95
5, 879
231
395
522
86
916
597
199
112
592
259
505
2,373
646
1,126
5,499
225
375
483
73
881
584
187
103
485
238
337
2,401
671
1,148
5,001
211
330
460
68
778
531
147
93
394
199
303
2,257
643
1,090
5, 731
236
354
484
71
878
612
144
113
440
237
539
2,491
680
1,208
5, 604
235
366
514
97
849
593
141
108
433
231
495
2,384
668
1,130
6,691
272
442
613
102
1,009
703
177
120
564
282
567
2,840
804
1,354
7,308
314
498
632
109
1.119
735
247
129
706
324
567
3,038
888
1,434
8,061
342
548
715
113
1,245
844
254
139
768
350
606
3,373
986
1,594
7,375
316
479
652
111
1,136
743
256
129
724
302
560
3,094
891
1,455
6,460
237
451
636
84
966
584
279
97
699
255
533
2,599
708
1,213
5,895
206
456
579
91
910
536
269
97
631
250
541
2,232
582
995
5.455
212
417
587
90
848
490
260
90
569
244
405
2,084
571
898
5,927
266
464
614
70
948
580
258
103
605
263
404
2,293
655
1,019
352
2,272
672
1,044
10.3
4.4
4.4
3.4
8.6
4.1
4.4
3.2
8.4
4.1
4.3
3.3
8.5
4.6
4.5
3.2
8.6
4.3
4.2
3.2
9.0
5.1
4.7
3.2
9.4
5.4
5.0
3.3
10.2
6.0
5.2
3.3
11.2
5.9
4.9
3.4
11.9
4.9
4.2
3.4
11.6
4.1
4.4
3.5
10.9
4.0
4.7
3.5
10.0
4.5
5.4
3.5
p9. 5
M. 3
?4. 8
p3.5
7.2
6.9
.0698
6.7
6.5
.0698
7.2
6.9
.0698
7.4
6,. 9
.0698
7.3
7.1
.0698
7.5
7.2
.0698
7.6
7.3
.0701
7.5
7.5
. 0704
7.5
7.4
.0704
7.3
7.2
.0704
7.2
6.8
.0704
7.4
6.8
.0704
7.3
6 7
.0714
p7.4
p6. 9
.0715
Steel products, net shipments:
5, 510
Total (all grades). _ _
do
212
Semifinished products
__do
395
Structural shapes (heavy), steel piling- __do.-.
496
Plates
do
70
Rails and accessories
do . .
839
Bars and tool steel, total
...do
532
Bars* Hot rolled (incl. light shapes)
do _ _
204
Reinforcing
do
98
Cold
finished
do
589
Pipe and tubing
..do
253
Wire and wire products
do__ .
510
Tin mill products _
__do
2,147
Sheets and strip (incl. electrical), total. _ _ do
585
Sheets: Hot rolled
do
1,013
Cold rolled
do
Steel mill products, inventories, end of mo.:f
Consumers (manufacturers only). .mil. sh. tons..Receipts during month
do —
Consumption during month
_do
Warehouses (service centers).
do
Producing mills:
In process (ingots, semifinished, etc.)
do
Finished (sheets, plates, bars, pipe, etc.) .do
Steel (carbon), finished, composite price.. .$ per Ib.* ~~.~0698~
«• Revised.
v Preliminary.
9 Includes data n ot showri separat sly.
fEffective with the Oct. 1963 SURVEY, data for steer1 consumers (man ufacture rs only) r efiect
recalculated estimates based on the use of quantity coverag e factors (derived from th e 1958
1
62. 75
p 63. 50
r
8, 488
106.3
?8,756
106. 1
5,617
285
428
608
74
909
584
99O
97
468
99 1
.0715
Censiis of Ma nufactur es); pre\ iously p ublished data w( >re based on cost coverage factors.
Rc-viP ions bac k: to Oct. 1961 app ear in th e Oct. 1963 S T R V E Y .
SURVEY OF CURRENT BUSINESS
T a n u j i r v 1064
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961 j 1962
Monthly
average
S-33
1962
Nov.
1963
Dec.
Jan.
Feb.
M, ,
May
Apr.
June
July
Aug.
Sept.
Oct.
Nov.
Doc.
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders, new (net)—
Shipments
Backlo^ end of year or ino
T
343
318
2.723
302
322
2, 624
324
315
2,475
478
282
2,624
328
235
2, 609
286
244
2,708
312
306
2,864
389
355
2, 613
409
390
2, 668
345
360
2, 396
302
370
2,458
350
411
2, 323
289
371
2, 297
322
411
2, 260
1,521
1,834
1,404
1,947
1 266
1, 816
1 285
1, 537
1 296
1,714
1,395
1,807
1 297
2,053
1 288
2,029
1 306
2, 285
1 354
1,863
1 3^2
1,999
1,274
2, 058
1 281
1 956
1 f) 33
1.99-'
418
431
334
320
338
310
365
413
439
434
494
554
' 494
4 59
168.6
i 28.2
176.5
133.2
179.7
51.0
182.4
47.0
184.2
49.0
163. 0
57.0
181.6
61.0
181.3
67.0
192. 9
63.0
192. 5
63.0
201.4
58.0
203. 1
67.0
197.4
205. 1
16. 6
25.6
25.7
22.2
22.3
21.5
12.6
9.7
13. S
5.2
17.0
18.6
3.5
16. 6
30. 6
10,7
16.8
35.5
3.3
16.9
47.4
2. 8
12.6
53. 9
4.1
16.0
40.3
3.7
13.6
13.0
13.2
•'2. (i
258, 2
. 2546
153.1
. 2388
152.9
.2400
140.1
.2254
154. 4
.2250
139,0
. 2250
119.6
. 2250
101. 7
. 2250
88.2
. 2250
83.3
.2250
85.7
. 2250
94.5
. 2250
93.8
. 2250
% 9
.2298
. 2300"
403.4
278.8
124.4
63. 5
464. 3
317. 6
142. 6
77.2
473.4
318.5
139. 6
82.9
436. 9
282. 5
131.1
74.6
487.1
330.6
153. 9
84. 5
471.0
307. 1
136. 7
79.2
496.8
345. 0
159. 8
82.5
537. 5
356. 0
166. 6
83. 5
591. 2
402. 7
198. 0
83.1
526 .0
359.7
172.2
78 5
526. 4
362. 1
175.1
65. 1
552. 9
377.7
179.7
75.5
r 535. 6
r 345. 8
'161.3
r
77. 0
584.9
4'>2. 7
210.0
85.0
97.1
129.2
98.4
30.8
21.9
102.4
134.3
101.2
33.1
22.7
105.0
142.0
104.1
37.9
22.4
101.6
127.9
99.5
28.4
21.1
102.2
121.6
107.1
14.6
22.8
94.4
121. 7
92.5
29.2
25. 6
105. 1
134.3
100. 6
33.6
27.5
105.3
132. 1
101.2
30.9
25.4
105.0
137. 2
106. 7
30.5
24.1
92.7
138.9
102.4
36. 5
24.4
86.1
135. 5
101.7
33.8
17.7
96.8
134.9
98.6
36.3
23.3
99. 1
129.0
95.1
33.9
24.9
109, 8
138.0
103.5
34.5
25. 8
106. 3
131. g
103. 7
28.1
23.3
38.4
5.6
40.1
8.2
21.5
6.4
39.9
20.2
26.2
7.6
24.7
6.6
61.3
4.4
35.2
8.4
42.9
9.0
46.2
9.6
41 0
11.0
54. 3
17.2
70.8
13.3
51 . 7
12.2
32. 9
11.8
48.4
35.7
124.0
32.1
28.0
134. 2
24.0
21.2
140.6
37.5
35.4
121.8
13.9
12.7
147.6
27.3
24.2
142.6
30.6
26.8
153.3
29.7
24.7
147. 6
33.1
27.2
160. 5
32.0
28.9
155. 4
27.6
22 7
109. 2
37.5
33.0
144.4
29.5
29.5
25. 6
25 3
142.0 p 163.7
30.0
26. 4
P 1-17. 5
187. 7
105.1
.2992
177.5
102. 0
.3060
201.1
100.8
. 3060
201.2
102.0
.3060
200.8
104.0
.3060
199. 6
98. 2
. 3060
193. 3
98.9
. 3060
184.4
98.8
. 3060
168. 0
89.2
. 3060
153.3
87. 6
. 3060
197. 2
119 2
.3060
183.8
115 1
.3060
173. 8 'P154.7 pl.50.3
103. 0 ' P 80. 1 P 75. 9
. 3060
. 3060
.3060
Copper-base mill and foundry products, shipments
(quarterly avg. or total):
Copper mill (briss mill) products
mil Ib
Copper wire mill products©
do
Brass and bronze foundry products
do
517
388
212
578
409
229
Lead:
Production :
Mine, recoverable leadt
thous. sh. tons Secondary, recovered from scrap©,.
do
21.8
37.7
19.7
37.0
14.3
40.2
14.6
36.7
15. 5
37. 5
13.2
38.7
14.8
41.4
20.8
39.4
24.1
38.9
22.3
38. 1
23.6
33.6
24.4
39.8
'22.2
40. 5
24.7
47.0
33.7
85.6
33.4
92.5
26.3
96.3
25.7
91.5
31.1
99.7
24.1
95.1
34.9
91.9
30. 1
94.6
30.2
97.2
34 1
93 4
31 9
85 0
24 9
92.7
31 5
93.5
32 1
107.8
thous. sh. tons_.
do
._ do
/irrels and drums, steel, heavy types (for sale):
Shipments
Cans (tin pi ate), shipments
total for sale and own use
(metal
do _ _
consumed),
thous sh tons
262
324
2. 238
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous sh tons
Estimated recovery from scrap
do
Imports (general):
Metal and allovs, crude _ _
do ...
Plates, sheets, etc.
do _ .
^Exports metal and alloys, crude
do
Stocks, primary (at reduction plants), end of mo.
thous. sh. tons..
Price, primary ingot, 99.5% min
$ per lb_,
A 1 u m i n u m sh i prn en t s :
In^ot ind mill products (net) A
IVTill products total
Plate and sheet fexc). foil)
Ca^tin°"<5
mil 3b
do
.do __„
(\o
Copper:
Production:
Mine, recoverable coppert
thous. sh. tons..
Refinery primary
do
From domestic ores
.___
__ _ do
From foreign ores
do
Secondary, recovered as refined
do
Imports (general):
Refined unrefined scrap©
do
Refined
-do
Exports:
Refined, scrap, brass and bronze ingots^ do
Refined
do
Consumption, refined (by mills, etc.)
do
Stocks, refined, end of mo., total
Fabricators'
Price, bars, electrolytic (N.Y.)
Imports (general), ore©, metal
Consumption, totalt
do
do
$ per lb_.
-
do
do.
Stocks, end of year or mo.:
Producers', ore, base bullion, and }n process©
(ABMS)
thous. sh. tons..
Refiners' (primary), refined and antlmonlal
(lead content)
thous. sh. tons..
Consumers' d* --- --_
do
Scrap (lead-base, purchased), all pmelters
thous sh tons
Price, common grade (N.Y.)
$perlb_.
590
422
227
595
414
235
669
445
•>39
r». n
. 2300
.3060
578
398
234
100.6
91.0
91. 1
91.0
88.1
87.1
79.7
80.8
79 9
90.6
98.8
97.0
105. 3
111.1
205, 6
99. 1
142.5
93.5
161. 9
94.7
144.6
90.0
132.9
94.4
119.8
95.0
112.7
99.0
112. 6
97.2
108. 5
94.1
101.0
95 7
94. 5
101 8
85.3
104. 3
80.4
109 4
72.0
108 5
41.2
.1087
46. 1
.0963
38. 1
. 0995
43.5
. 1000
46.8
. 1030
49.5
. 1050
47.4
. 1050
48.4
. ]050
48.1
. 1050
45 9
.1071
52 6
. 1107
54 8
. 1135
57 0
. 1163
57 3
. 1194
743
3, 324
1,810
250
6, 520
4,190
447
3,422
1,750
250
6,590
4, 550
340
4, 086
1,895
260
6, 000
4,030
100
3, 152
1, 675
260
5. 515
3. 760
42
3,177
1, 875
215
6, 365
4. 415
4
3, 664
1,760
195
6, 195
4, 445
0
3,929
1,840
225
7,115
5,115
405
3 732
1,830
935
7, 070
5 085
0
4 996
1, 930
°3Q
7. 420
5 '290
3
4 384
1,895
o
'> ] 0
6, 985
5 035
3 451
1,565
220
6, 425
4 770
339
4 ()8i
1,690
215
6, 470
4,530
259
2 327
1, 760
935
6. 030
4 145
67
Exports, incl. reexports (metal)
do
22, 630
Stocks, pig (industrial), end of mol..._
do
Price, pig, Straits (N.Y.), prompt
$ p e r l b _ _ 1. 1327
36
21,730
1. 1461
9
20, 575
1. 1078
61
21, 654
1. 1064
21,505
1. 1106
84
22, 095
1. 0854
64
24, 025
1. 0922
84
22, 515
1. 1302
97
21 , 255
1. 1665
410
25, 585
1. 1772
97
24,110
1. 1534
151
23, 590
1. 1484
265
32, 000
1.1611
38.7
42.1
44.3
42.0
43.6
41.5
43.6
45.7
45.4
42.3
40.3
44.7
41.3
34.6
10.6
39. 0
11.8
34.0
10.2
32 1
14 4
31 9
8 7
32 2
7 9
29 6
18 0
34 3
11 7
9
80
10 4
34 8
7 7
31 7
8 2
97
8.1
14.9
8.2
16.7
7 6
19 2
8 5
17 8
7 6
16 1
7 4
15 6
8 9
16 8
n
33 9
11 9
8 1
Tin:
Imports (for consumption) :
Ore©
Ig. tons
Bars, pigs, etc.
____
do
Estimated recovery from scrap, total©
do...
A s metal _ _ _ _ _ _
do
Consumption, pig, total
do
Primary..,. _
_ do
Zinc:
Mine production, recoverable zinct
thous. sh. t o n s _ _
Im ports (general):
Ores©
„
do
Metal (slab, blocks)
do
Consumption (recoverable zinc content):
Ores©
. do_
Scrap, all types
__do
r
Revised.
p Preliminary.
2 Recoverable a l u m i n u m content. Monthly data are
expressed in metallic content (incl. alloying constituents).
ABegimiing Jan. 1963, net shipments of ingot derived by new method to inelu
ude imports
1101 previously included.
J Revisions for 1962 arc in the Sept. 1963 SURVEY.
7 9
16 1
8 2
16. /
1K
7
8
158
1^4
7 1
15 5
A
194
8
112.2
. 1215
170
102
1. 1997
1. 2704
. 1250
r
46. 9
1 . 3020
45.1
'-*() 9
11 n
9
r 1 (\ 1
159
©Basic metal conlent.
^Consumers' and secondary smelters' stocks of lead in refinery shapes and in copperbase scrap.
1fEffective Sept. 1962, includes surplus tin held by GSA (i.e., tin to be offered
for sale and tin for which bids to purchase were rejected by GSA).
SUEVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
January 1004
1962
1963
Dec.
Nov.
Feb.
Jan .
Mar.
Apr.
May
June
I
July
Aug.
Sept.
Ocr.
j
!
; Xov. | Dec.
METALS AND MANUFACTURES—-Continued
NONFERROUS METALS AND PROD.— Con.
Zinc— Continued
Slab zinc:
Production (primary smelter), from domestic
and foreign ores
thous. sh. tons__
Secondary (redistilled) production- _ _ _ _ _ _ d o
Consumption, fabricators'
do
Exports
do
Stocks, end of year or mo.:
Producers' at smelter (AZDA
do
Consumers'
do
Price, prime Western (St. Louis)
$perlb._
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, cast iron:
Shipments
mil. sq. ft. radiation..
Oil burners:
Shipments
thous. _
Stocks end of year or mo
do
Stoves and ranges, domestic cooking:
Shipments, total (excl. liquid-fuel types)... do
Gisd1
^°
Stoves, domestic heating, shipments, total. .. do
Gas
--- --do
Warm-air furnaces (forced-air and gravity air-flow),
shipments, total
...thous..
do
(las
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
Fnns and blowers, new orders
mil. $..
Foundry equipment (new), new orders, net
mo. avg. shipments, 1957-59 = 100..
Furnaces, industrial, new orders, net:
F lee trie proc^s^inor
mil. $ _ _
Fuel-fired (exc for hot rolling steel)
do
Material handling equipment (industrial) :
Orders (new) index
.1957-59=100..
Industrial trucks (electric), shipments:
Hand (motorized)
number..
RideT'-tvpe
do
Industrial trucks and tractors (gasoline-powered),
shipments
number..
70.6
4.6
77.6
4.2
73.3
4.9
86.0
3.0
71.7
4.4
86. 1
3.5
76.0
3.9
81. 5
1.6
77.0
3.8
84. 8
.4
69.6
3.6
81.3
3.3
77.0
3.9
86.5
3.2
73.1
4.1
93.4
3.1
77.3
4.5
99.2
2.9
69.6
4.4
91.1
4.4
69.0
4. 1
85.4
4.9
79 ft
4.6
92 5
4. 1
72 5
5.4
90 6
2.0
78 1
6.0
99 3
2.4
146.9
95.9
.1154
144.7
80.0
.1162
154.2
68.0
. 1150
149. 6
. 1150
l."»7. 1
72.0
. 1150
154.7
68.9
. 1150
154. 2
66. 4
. 1150
140.7
65 7
. 1150
126.5
64. 3
. 1150
105 .9
69. 5
.1150
80. 0
86.4
. 1202
64.6
88.1
. 1250
55.4
90.1
. 1250
539
88.9
.1250
1.5
2.6
1.0
2,9
9 j
2.9
1.0
2.9
.9
2.9
1.1
3.3
.9
2.8
.6
2.9
.9
2. 9
1.0
2.4
1.4
1.9
1.4
1.4
43 7
44.7
39 8
49. 9
34. 4
53. 0
26 7
4Q. 9
40. 8
56. 3
39. 5
60. 4
37.1
64. 5
39.2
67.8
43.0
60.7
48.7
65. 8
41.9
65.1
58. 5
63. 8
51 ! 8
72.4
49. 5
147.8
144.7
166. 7
163. 6
165. 2
101.9
147. 6
145. 5
150. 0
148. 2
161 . 3
159. 1
177.1
174. 7
176.9
174.6
187.3
185. 0
177.3
173. 9
155. 3
152. 6
185. 0
181.3
198. 9
194. 9
207. 3
202. 5 j
143. 2
(
U 6
157. 0
94 1
201.5
93. 5
62. 2
101.8
58. 8
97. 4
47. 2
126.4
79.2
105. 6
116. 9
62. 6
158. 4
103. 4
180. 8
110.0
171.4
•>'}() 1
140. 3
170. 4
97.9
76. 7
204. 7
108. 9
87.1
217.7
111.1
*7. 6
238. 4
90. 4
74. 5
251. 8
94. 1
77.3
91. 2
,5.4
90. 8
75 2
94.1
80 .5
223.1 j
104. 8
85.3
116.4
113. 1
94. 6
91 . 4
'^31. ° 1 183. 5
140.2
110.4
184. 9 i
168. 8
130. 6
179. 7 j
UO. 8
115.7
1
1.1
36. 4
40.2
111.4
126.3
40.0
13. 3
170.4
134. 5
55. 1
. 1250
.1294
"
39.9
14.6
77.11
127. 6
12-1.6
87. 9
107.3
148.7
135.1
127.6
160. 4
\
184.8
1°7 1
.9
4.0
122.3
.9
4. 3
1.0
2.6
1.2
2.8
1.1 i
5. 1 i
.8
1. 7
.8
.8
1.8
3.4
1.0
5.5
1.9
3.1
1.0
4.7
1.5
1.4
1:8
1.0
5.7
103.4
112. 6
100.0 :
99.2
134. 1
88.5
120. 2
145. 9
150. 4
119.3
139. 0
136. 6
120. 9
136.8
385
380
500
471
525 !
504 [
576
538
"73
536
483
600
529
793
579
550
558
532
550
589
579
533
433
511
563
490
00°
611
598
1,639
2 932
2, 249 '
2. 195
1,730
1. 765
2.137
2.212
2,569
2. 750
2, 307
2. 567
2. 661
2. 941
2. 738
i ') 1 ri 5
49. 55
50. 00
4 1 . 65
5. 0
62 20
48. 50
46. 55
39. 35
5.2
66. 50
46. 30
53. 65
45. 85
57.10
44 .40
53.55
46.50
57. 90
47. 90
44. 55
38. 65
5.5
49. 20
38. 55
41.20
33. 30
5. 6
56. 55
45. 40
54. 75
42. 85
5.5
' 66. 85
' 53. 35 50. 00
r 54. 05
52. 00
r
42. 95
41.35
T
5. 7
12.85
1 1 85
17 35
14. 60
4. 7
16.05
11.55
14. 35
11.60
4.7
13. 40
10. 85
18. 60
15. 85
4.2
14.80
13.15
18.85
17.45
3.9
13 '.90
14.95
12. 70
3.8
1 9. 85
18.15
12.65
11.40
4.2
22. 35
17.60
14.70
12.10
4.6
' 32. 35
'r• 29. 95
16.35
r
13.00
5.4
Machine tools:
Metal cutting tools:
Orders new (net) total
Domestic
- -Shipments, total
_.
Domestic
Estimated backlog
_rnil. *__
do...
do
do
months
46. 35
31.40
42 30
28. 60
5.0
44.80
36. 70
47. 85
35. 15
4.2
47 95
40. 65
48. 05
38. 85
4. 0
r,l. fir,
43. 30
55. 15
43. 00
3.9
46 20
37. 40
35. 80
"4.'2
53. 35
44. 80
43. 05
34. 30
4.6
Metal forming tools:
Orders now (net), total
Domestic
Shipments, total.Domestic
.Estimated backlog
mil. $
-do. __
do
do__ _
.months..
10.90
8.20
12.40
9.30
3.6
14. 60
11.65
1 2. 40
9.30
4. 6
14.65
12. 25
12. 70
9.40
4.7
15. In
14. 10
14. 15
13.1)5
19 20
(3.30
1 1 . 50
4.8
1U. 20
16. 50
14. Or
10. 05
5. 1
Other machinery and equip., qtrly. shipments:
Construction machinery (selected types),
total?
mil. $.. i 237. 4
Tractors tracklaying, total
do..
i 59. 4
Tractors, wheel (con. off-highway)
do
i 18.6
Tractor shovel loaders (integral units only),
wheel and tracklaying tvpes.. . .. mil. $ _ » 55. 2
Tractors, wheel (excl. garden and contractors' 1
107 4
off-highway types)
_mii. $
Farm machines and equipment (selected types),
excl. tractors
- _. _ _
mil. $ _ i 181. 3
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments
thous..
Household electrical appliances:
Ranees (incl. built-ins), sales, total
do..
Refrigerators and home freezers, output
1957-59=100..
Vacuum cleaners, sales billed
thous
Washers, sales (dorn. and export)©
Driers (gas and electric), sales (domestic and
export). _
. . . _ _ thous
43. 7
16./
1.9
50. 2
i 261. 4
i 64. 2
- 19.7
1
1
10. 55
4.7
:
i
58.9
Y>
j
l>
r 378 9
98. 1
31 6
69 9
14. I
257. 4
64. 1
14.7
21 6 2
I
86 3
130 1
13s •'•>
170 A
i 197. 7
142. 3
241.2
303 7
79. 6 " .-"."--" j "
~
...
166. 1
100.9
•>(y> i
1
15. 60
14.95
]
3 °0
10.50
105 4
257.1
I
2. 678
i . 665
1. 551
1. 832
1.903
2. 190
2, 604
3. 186
' 3. 673
145.3
I t -,4.0
139 >
149. 1
156.5
136. 0
152. 1
160. 6
162.0
10!). 1
322. 9
293. 3
122.5
356. U
300. S
134. 1
406. 0
363. (5
130. 6
340. 8
279. 5
139.3
333. 8
311.0
145. 1
291. 2
358. 6
133. 8
297.1
281 .2
93.1
326. 1
379. 7
149.0
423. 0
403. 7
127.8
416.4
367. 1
129. 2
115.7
112. 7
72.3
70. 2
91. 0
99.5
173.5
200. 3
Radio sets, production!
do
1. 447. 8 1 , 596. 8 1,735.3 31.741.9 1, 22y. 5 1 . 380. 7 3 l,5f>8.4 1.359.8 1.384.1
Television sets (incl. combination), prod.§...do
539. 3
548. 6
51 7. 3 * 51 9. 8
514. 8
484. 4
'•'• 690. 4
507.5
Electron tubes and semiconductors, factory sales
r
r 79 9
75. 6 :
75. 9
72. 0
78.5
r 72. 4
mil. $..
68. 5
'75.9
'72.5
Insulating materials, sales, Index
1947-49=100..
148
' 143
154
134
147
137
154
156
145
Motors and generators:
New orders, index, qtrlv
...... _ _ d o
i
138
i 146
142
l 150
New orders (gross):
r
Polyphase induction motors, 1-200 hp_.mil. $__
11.8
12. 4
12.3
11.2
Ml.l
'11.5
13. 1
12.0
12. (i
D.C. motors and generators, 1-200 lip... do
2.2
2.4
2.3
2. 5
2. 4
1. 9
2.9
2. 6
2.5
3
1,653. 9
3
1
1
2, 359
2, 540
3, 197
3. 2S7
127.5
137. 1
136. 6 !
141.8 124. <
107.0
273. 6
278. 9
119. 2
309. 3
305. 5
114.1
366. 7
292. 1 !
117.5
329. i
250. 8
98.8
116.4
161.8
143.0
3. 702
2
•Revised.
'Quarterly average.
For month shown.
3 Data cover o weeks;
4
other months. 4 weeks.
Data cover 6 weeks.
A Producers' stocks, elsewhere, end of Dec. 1963, 18.700 tons.
cf Includes data for built-in gas fired oven-broiler units; shipments of cooking tops, not
included in figures above, totaled 33,500 units in Get. 1963.
665.0
•' 76. 8
153
990. 6 1.252.9 32,103. 4
384 .3
' 779. 4
T
127
77 A
142
"•11.1
1.9
M2.8
3.3
r 59. 5
155
' 13.3
3.0
82. 5
154
3, 163
129. 0
3-S2. 6
330. 7
197. 1
ISO. 3
i.™
030. 1
. 799. S
621. 4
81.5
160
71. 7
142
4
1.86'J.s
' 671. 1'
154
' 13. 7
2.9
12. 7
2. 5
'
' Includes data not shown separately.
QDnta exclude sales of combination washer-drier machines: such sales <'incl. export s)
totaled 2,100 units in Xov. 1963.
§ Radio production comprises table, portable, auto, and clock model?: television sets
exclude figures for color sets.
SUKVEY OF CURRENT BUSINESS
-v 19G4
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962
S-35
1962
Monthly
average
Nov.
1963
Jan.
Dec.
Feb.
Mar.
Apr.
May
June i Jul y
Aug.
Sept.
Oct.
Nov.
Dee.
1,809
345
1 405
319
1 008
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous sh. tons.. 1,454
120
Exnorts
do..__
Prices:
Retail, stove, composite
$ per sh. tori._ 28.14
13. 347
Wholesale, chestnut, f.o b mine
do
1,408
156
1,664
208
1,515
215
1,611
70
1, 345
184
1,595
200
1.492
195
1,682
340
1,783
286
1,326
212
1.959
420
1,090
407
28. 63
13.050
29.08
13. 468
29. 14
13. 930
29.14
13.930
29.14
13. 930
29.14
13. 930
29.14
12. 180
28.30
12. 180
28. 02
12 565
28.84
12. 775
29.04
12.985
29.79
13. 510
30.00
30. 54
13.510 '-14 415
Bituminous:
Production
thous. sh. tons.. 33,581
35,178
37,288
33,104
36, 870
34, 100
33, 640
37, 920
40, 800
38,970
27, 810
41, 920
39. 990
44, 340
38, 195
Industrial consumption and retail deliveries,
total 9 _ ...thous. sh. tons.. 31,200
14, 969
Electric power utilities
do
13,856
Mfg. and mining industries, totaldo
6, 157
Coke plants (oven and beehive)
do
32,314
15, 903
14,006
6,188
32,877
16, 441
13,599
5, 505
36,709
18 213
14,600
5,806
39, 880
19, 684
15,491
6,153
35, 802
17, 024
14,310
5. 753
34, 872
17, 073
1 5, 496
6.719
31,293
15,378
14, 870
6. 919
31, 885
15, 717
15, 239
7,319
31,401
16 191
14,426
6, 948
31,014
17 053
13,648
6. 544
32, 470
17, 049
13,583
0, 112
31,590 '33,814
10 560 17 593
13, 405 '14' 012
0 039 r 0 370
34.411
17 783
M' 034
0 ''60
2, 311
2, 349
2, 752
3,814
4,710
3,928
2.302
1.011
830
841
1.153
Stocks, industrial and retail dealers', end of
month, total 9
.--thous. sh. tons.. 69,126
47,618
Electric power utilities
do_
20,970
Mfc: and mining industries, total
do
9, 680
Oven-coke plants
do
67, 960
46, 665
20, 845
9,044
73, 578
51, 793
21 242
8 849
69, 691
48, 975
20 234
8 305
03, 804
44, 906
18, 508
7 339
59, 473
41,454
17,677
7 233
50, 959
39, 704
16,949
6. 595
59, 704
41,554
17,907
6, 883
64, 551
45, 157
19, 033
7,648
67,038 63.318
40, 799 44, 625
20 381 i 18 199
6 386
I
458
494
07, 002
40 912
19 555
0 919
Retail deliveries to other consumers
do
Retail dealers
do
Exports
.do
Prices:
Retail, composite
$persh. ton
Wholesale:
Screenings, indust. use, f.o.b. mine.--.--do
Domestic, large sizes, f o b . mine
do
COKE
Production:
Beehive
Oven (byproduct).
Petroleum coke§
Stocks, end of month:
Oven-coke plants, total
At f urn nee plants
At merchant plants
Petroleum coke
Exports
-thous. sh. tons..
do
do
703 i
1.530
37. 790
1 511
09,388 '72,708
49,138 51 792
19 712 '9Q 4°3
7 990 ' 7 9l'?
73.380
5l> 383
•>0 3g^ j
8 0^1
538
449
543
82
390
349
300
303
301
538
'"03
i)0 ! )
2.914
3, 201
3, 643
2, 656
2,223
2. 548
2. 722
3,561
4, 573
4, 110
3. 085
o. 325
5, 200
5. 029
4.500
17,12
17.30
17. 54
17 62
17.62
17.03
17. 03
17 52
17. 14
17.04
17. 13
17 13
17 40
17 09 !
17 73
i 5.018 14.918
7. 541 i 7. 443
4. 914
7. 742
4. 914
7. 858
2 4. 739
2
7. 281
4. 752
7 97')
4. 757
7. 184
4. 720
0. 754
4. 740
6. 533
4. 753
6 033
4. 757
0 813
4. 752
0 880
4. 7.52
7 001
' 4. 745 i ' 1 4. 745
66
3,823
1 967
59
4.033
1 368
64
4, 240
1,315
65
3, 955
1 236
06
4. 028
1.337
87
4.741
1.296
100
4. 904
1 301
95
4 735
1 3 %) 0
81
4 407
1 407
70
4 °01
1 385
75
4 158
1 350
70
' 4 3 ( Jl
1 307
4 300
2 730
•> Q^q
041
1. 152
'49
9
r •)
'•' U ( ) J
1 725
2. 93
v>
00 l>
73
4,236
1,256
68
4,258
1,312
3,901
2, 799
1,103
do
do
do
do__ _
do
4,398
3,030
1,369
37
33
.number$ per bbl._
mil. bbl
% of capacity--
1,821
2.97
248.9
82
1,781
2.97
255.8
84
4 019
3, 024
994
1 , 080
A
3, 771
2, 832
939
1, 191
15
5°
3 490
2. 022
874
1. 204
21
3.322
2.474
848
1, 809
2. 97
269. 4
87
3 930
2. 949
981
1, 176
1 . 593
2,93
251.4
90
2 792
2, 057
735
1, 138
61
•> 531
31
3 180
2. 354
831
1. 181
00
I.C.I i
2.93
2<>9. 0
87
1.721
2.93
249. 7
83
1.737
2.93
263. 9
85
1.542
2.93
203 6
88
0-9 -
88
1 809
2. 93
°73 5
88
r %7
004
63
•') fii8
1 Q5>?
1. 157
4\
801
9 185
010
1. 171
33
{^^
' '' 30 J
' 584
i , 1 95
°3
' 384
,517
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Okla.-Kansas)
Runs to stills
Refinery operating ratio
All oils, supply, demand, and stocks:
New supply, total
.
mil. bbl..
Production:
Crude petroleumdo
Natural-gas liquids, benzol, etc
do_
Imports:
Crude petroleum
do.
Refined products. _
do
Change in stocks, all oils (decrease, — )
do
Demand, total
.
Exports:
Crude petroleum
Refined products
Domestic demand, total 9
Gasoline
306.9
1,730
2.97
251.0
84
1,830
2.97
263.6
85
3
' 317. 4 ' 319. 1 ' 330. 6
344.1
311.0
334. 0
325. 3
329. 1
312. 9
333. 7
333. 1
310.8
234.3
34.4
228 3
32 0
234 5
33. 1
99 g q
31 9
035 }
33 3
'Wi 8
31 0
~T>' 8
233 0
34 i
41.0
43.1
-41.4
30.9
35.5
-33. 4
36. 1
29.8
11.5
32.6
32.5
24.5
34.5
27. 1
18.1
31 9
38 9
34 9
19.3
36 7
9.5 5
V> 3
•>3 9
11 0
31 4
3'> 7
11. 7
314 4
3';0 8
305 8
320 1
2
.1
7.0
298. 7
134.0
0. 0
313. 8
142.0
50 5
;<; ,5
11 8
223 2
'32.0
31.8
26.5
3.4
34. 3
'29. 1
1.0
31.3
33 3
' 30. 5 '37.0
-15. 9 -26.7
09 3
19.7
97 o
do
__
_
Stocks, end of month, total
Crude petroleum
Natural-gas liquids.
Refined products
Refined petroleum products:
Gasoline (incl. aviation):
Production
Exports
Stocks, end of month
38"). 4
344.4
323. 1
300. 8
311.0
°93 2
.3
.1
'.3
.1
.2
5.0
5.0
4.1
'5.5
4.8
298.3 ' 311. 3 '• 329. 9
381.1
351. 6
127.8 ' 132. 1 ' 133. 3 ' 125. 9 5 0124. 4
.1
.2
6.6
294. 1
138.2
10. 1
.2
6.2
304. 7
143. 3
10.2
.1
5.4
287.6
140,7
9.8
o' 9
308. 3
150.0
10. 9
314.3
lol. 1
12.4
48,9
43 4
9 5
48. 2
37 0
10 9
39 7
35 0
8 ^
40 3
36 °
10 8
43 0
30 1
11 8
q o
13. 7
335. 0
16.2
do
do
do
Distillate fuel oil.....
Residual fuel oil.
Jet fuel
Lubricants
AsphaltLiquefied gases
303.6
do
do
_do
do
4
_
57.9
45.7
8. 7
do
do
do
3.5
9.0
19.5
36
9 5
21.3
814.3
249.4
35.9
529.0
820.6
248.1
35.2
537.3
863. 6
256. 3
36.7
570. 6
' 127. 9 '131.9
.7
.5
189.5
188.6
131. 4
.4
175 4
do
do. II.
do
do.I._
do
do
do
Prices (excl. aviation):
Wholesale, ref. (Okla., group 3)
$ per gal..
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)..
....$ per gal..
61.0
72.0
' 45. 5 ' 51.3
9.4
8 4
' 357. 3
22. 0
.1
8.2
330.2
115.3
1 U. 0
89. 8 5 103. 2
' 58 6 •5 65 0
9.8
8.9
88. 4
57. 7
8.4
71.9
49. 3
38
3 4
28.' 4
31
23.5
34
4 4
18.2
38
5 9
15.4
,•1 ]
14 4
15. 1
14.8
792. 9
249. 2
24.0
519. 8
759. 5
240. 4
20.9
498. 3
771.0
241.0
23.9
506. 0
795. 5
251. 4
27.2
517.0
813. 6
255. 7
31. 0
526. 4
833. 4
250. 0
35. 4
547. 9
' 139. 3 5 135. 4
'.4
.3 I
201.0
190. 1
123.7
209! 4
132. 7
. .1
214.7
126.9
.6
204 8
133.4
2
195' 7
19. 7
30
3 6
38
7 8
' 22. 9 '27.7
836. 9
252.0
31.4
553.5
5
5
5
9 g
317^5
128. 3
14. 2
0
10 S !
•»
—.
.
10 9
f
0
9
17.0 !
17.2 |
10. 1
17.0
875. 9
248. 3
43. 1
584. 0
887. 0
215. ,5
43. 8
,5<)8. 3
144. 0
135. 7
178 3
181 3
1 38. 2
.8
178 3
852. 7
250. 0
_38. 8
804. 9
249. 1
41. 4
574. 5
136. 8
141.5 |
102' 6 !1
184 7 i
.117
.113
.120
.113
.105
. 093
.110
.115
. 120 1
.125
.115
.108
.115
. 110
.205
.204
.212
.204
.202
.193
. 198
.204
.192
.208
.208 i
. 208
. 200
. 197
'Revised.
v Preliminary.
'-Corrected.
* ..nouimy average based on Apr.-uec. data.
Monthly average uaseu on Apr.-Dec.
2 Data beginning Jan. 1963 not entirely comparable with those for earlier periods. Dec.
1062 prices comparable with later data: "Screenings, etc./' $4.739; "domestic," $7.281.
1
*' 2. 92
3.31.8
212. 4
32. 1
223.0
'31.1
r 316.
87
1 033
2. 92
200 ()
80
226 4
228 8
' 33. 4 33.5
218.5
30.2
r
1 860
2. 93
s Beginning Jan. 1963, data exclude condensatc wells formerly included,
4
Less than 50,000 bbls.
5 See note J for p. rf -30.
9 Includes data not shown separately.
§Includes nonmarketable catalyst coke.
;
•" .090
1
.201 !
.—
SURVEY OF CURRENT BUSINESS
S-36
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1962
Monthly
average
January
1963
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products — Continued
Aviation gasoline:
Production
-.mil. bbl_.
Fxports
-do
Stocks end of month
do
Kerosene:
Production
do
Stocks end of month
_do
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gal -.
Distillate fuel oil:
Production
-- nail. bbL_
Trnports
- do
Exports
do
Stock^ end of month
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gaLResidual fuel oil:
Imports
_do
Exports
_
do
Stocks end of month
do
Price wholesale (Okla , No. 6)
$ per bbl_Jet fuel' (military grade only) :
Production
mil. bbl_Stocks end of month
do
Lubricants:
Production
do
Fxport^
do
Stocks end of month
- - - do
Price, 'wholesale, bright stock (midcontinent,
f o b Tulsa)
-- $ per gal...
Asphalt:
Production
.._mil. bbl...
Stocks end of month
do
Liquefied petroleum gases:
Production
-do
Transfers from gasoline plants
do
Stocks (at plants, terminals, underground, and
at refineries) end of mo
mil. bbl.
Asphalt and tar products, shipments:
Asphalt roofins 1 ,total
_ _ _ - _ t h o u s . squares-Roll roofin0* and cap sheet
do
Shingles, all types...
do
Asphalt siding
Insulated sidincr
Saturated felts..
_.
-
...do
do
thous. sh. tons-.
9.9
,6
11.7
10 2
.4
10.5
10.1
10.0
.3
10.9
11.9
31.0
13.1
30.6
13.7
35 3
15. 6
31.7
.109
.104
.101
.106
58.1
1.4
.6
127.6
60.0
1.0
.7
133. 4
57.4
.5
1.0
170. 2
64.7
.5
1.2
144.5
9 8
9
12.1
9 6
9. 1
.5
11.7
10 7
.4
12.3
10 5
.3
12.2
11 2
.1
12.0
10 9
.5
11.6
11 0
.3
10.4
11 2
.3
9.5
95
.5
9.6
10 0
.5
9.3
15.7
26. 1
15.1
22. 4
14.5
23.2
13.6
27.3
11.9
29.6
11.7
3'2 3
12.9
35 2
12.5
36 2
12.2
36.0
14.9
39 1
.106
.106
.106
. 106
.101
.101
.101
.101
.096
. 096
70. 8
1.1
1.1
i 111.7
66. 6
8
3.0
87.8
68.4
.6
1.1
83.9
57.3
.6
1.2
91.7
60.2
.6
1.2
103.2
60 1
7
1.0
123.4
62 4
.7
1.0
145 2
63.3
.6
1.1
165. 2
63.2
.7
1.4
177.2
63 9
9
1.1
191.4
1
1
1
r
p. 099
.099
.092
.091
.096
. 096
.096
.096
. 096
.091
.091
.091
.091
.086
.086
P. OS 9
26 3
20.3
1.2
45.8
1.58
24 6
22.0
1.1
46.6
1.58
23 g
* 25. 4
.9
51.2
1.55
9S 0
^29.9
.9
50.0
1.55
i 28 2
34. 5
.8
M6. 9
1. 55
25 3
30.3
1.5
43.6
1.65
25 4
24.0
1.1
42.9
1.65
91 5
24.8
1.3
44.7
1.55
°1 0
19.1
1.3
46.6
1. 55
15 3
1.0
48 1
1. 55
18 1
1.1
50 9
1.55
16.9
1.4
52.5
1.55
15.7
1.7
52.6
1.55
23 2
1.0
54 4
1. 55
v 1. 55
8.0
7.6
8.6
8.7
9.2
10. 8
6.9
9.7
7.7
9.8
7.1
9.0
8.4
9.8
8.2
9.3
8.6
9.6
9 0
10 2
9.1
10 2
8,9
9.6
8.5
9.3
7.8
8 6
4.9
1.4
12.7
5.1
1,5
12.8
50
1.4
12.5
5.4
1.8
13.1
5.1
1.1
13.3
4.8
1.3
13.8
5. 1
1.4
14.1
5.2
1.9
13.7
5.5
1.8
13.2
5 3
1 3
13 4
5 6
1 «
13 4
5 4
1 5
13.4
5 4
1.6
13.8
5 4
1 5
13 4
.260
.261
.260
.270
. 270
.270
.270
.270
.270
270
?70
.270
.270
.270
8.5
16.0
9.1
16.3
7.6
11.6
6.1
14.3
5.0
16.3
4.6
18.2
6.5
20.7
8.6
23.8
11. 1
20.9
I9 1
19 8
1'? 9
16 8
13.2
14.5
12.4
12.8
11 3
10 4
6.6
13.3
6.4
14.9
6.1
16.4
6.9
20.2
14.6
22.7
4.4
18.5
4.9
14.0
4.8
11.1
5.0
11.1
4.9
10.6
5.0
12.7
4.9
12.8
4.4
12.1
4 2
13.5
19. 6
15.8
18.7
22.5
27.2
31.9
35.5
38.5
41.2
41.8
1
34.4
33.6
35.2
29.0
5. 151
1.789
3, 361
5, 365
1,913
3. 451
5, 206
1 952
3, 254
3, 752
1,216
2. 536
4,165
1, 534
2.631
1,957
805
1,152
3,242
1,356
1,886
5,580
2,035
' 3,545
6,491
2,290
4,202
6,268
2,140
4,128
7,761
2,769
4,992
6.964
2,611
4,354
6,386
2,447
3,938
7, 138
2 790
4. 348
4. 406
1 743
2.663
71
85
77
67
77
82
78
64
85
57
31
64
67
42
85
28
30
44
42
48
63
66
87
86
60
84
91
56
81
86
77
93
108
77
100
93
80
93
80
104
102
97
86
56
71
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts...
--thous. cords (128 cu. ft.)..
Consumption
do
Stocks end of month
do
Waste paper:
Consumption
thous. sh. tons-8tocks end. of month
do....
3,465
3,516
5,769
3,668
3,673
5 225
3,556
3,689
5 251
3,323
3,314
5 255
3,737
3,794
5,366
3,649
3,601
5,470
3,919
3,922
5,407
3,517
3,812
5,137
3,772
4,006
4,897
3,574
3,860
4.652
3,656
3,555
4,819
4,370
4,150
5,180
3,945
3, 754
5,118
4,335
4,102
5 353
3,821
3 975
5 116
751
517
756
498
737
523
666
529
719
478
691
461
745
510
739
526
775
510
742
509
663
529
762
515
737
494
797
506
7°4
481
2,210
100
1,285
214
2,326
106
1,358
214
2,347
111
1,370
206
2,098
100
1 219
195
2,438
121
1,436
224
2,279
115
1. 353
213
2,539
114
1,519
232
2,421
103
1,437
229
2,578
116
1,535
233
2,397
122
1,424
210
2,308
108
1,361
209
2,576
121
1,549
229
2,390
106
1,416
211
2,631
124
1,555
242
2, 593
267
102
242
283
104
261
284
109
267
260
89
235
286
2114
258
273
114
213
296
123
256
289
113
249
306
117
270
276
113
251
274
111
245
295
120
262
280
124
253
310
125
274
308
194
261
do.
do
do
do
899
326
509
64
878
297
509
72
894
295
525
74
864
256
531
77
3691
285
3
333
73
682
266
341
76
721
271
376
74
729
282
369
77
710
274
358
78
721
279
364
79
721
256
380
85
721
252
378
90
706
243
381
82
707
246
384
77
.
do
do
do
98
36
62
99
40
59
106
38
69
122
52
70
75
21
54
136
60
76
116
46
71
97
34
62
148
56
92
108
37
71
120
39
80
130
48
82
128
55
73
116
41
76
do
do .
do --
206
13
192
232
23
210
244
25
219
211
24
187
200
21
179
226
21
205
236
22
214
226
28
198
222
22
200
256
24
231
229
21
208
242
21
221
220
16
204
258
_.
3, 243
3, 104
1,378
1. 465
11
249
3.172
3,317
1 467
1, 560
12
279
3,193
3, 245
1 455
1,482
11
297
3,293
3, 419
1, 504
1,578
13
325
3,158
3,273
1 408
1,544
13
309
WOODPULP
Production:
Total, all grades
thous. sh. tons-.
Dissol vine: and special alpha.
do
Sulfate
-do
Sulfite
do
Groundwood
Defibrated or exploded
Soda, semichem., screenings, etc
Stocks, end of month:
Total all mills
Pulp mills
Paper and board mills
Nonpaper mills
__
Exports all grades total
Dissolving and special alpha
All other
_
Imports, all grades, total
Dissolving and special alpha
Another
._ .
_
.
do
_do
___do
2
19Q
1 551
230
731
64
394
73
9
106
38
67
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
3,197
* 3. 165
3,146
All grades, total, seas, adj
thous. sh. tons-.
3,181
2,975
3, 137 '3.161
2,843
All grades, total, unadjusted
do
1,382 r 1,391
1 319
1,419
Paper
do
1 265
PanerboarcL
_
do
1,373
1,484
1,458 '•1.473
1,332
11
11
14
13
Wet-machine board
do
10
284
267
Construction paper and board
do
270
237
285
r
Revised.
» Preliminary.
* Beginning Jan, 1963, data for the indicated items exclude
certain oils which have been reclassified as petrochemical feedstocks.
3, 325
3, 014
1 312
1, 387
9
306
3, 306 ' 3, 227 '3,300
3,307
3,456 >• 3, 200 '3,514
3,303
1 508 r i 337 r i 540
1 468
r
1,605
L496
1. 620
1.517
11
11
11
12
333
306
'343
306
2
Effective Jan. 1963, "screenings, etc.", included with "dofibrated or exploded.'
3 Effective Jan. 1963, excludes stocks of "o\vn p;ilp" at paper and board mills.
-
SURVEY OF CURRENT BUSINESS
J a n u a r y V.XM
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
Monthly
average
S-37
1962
Nov.
Dec.
Jan.
Feb. 1 Mar.
Apr.
May
1963
!
Juno j July
Aug.
Sept.
Oct.
Nov.
101.4
107. 4
96. 6
96. 9
Dee.
101.4
107.4
96. 6
95.9
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board — con.
Now orders (American Paper and Pulp Assoc.):
Al! grades, paper and board
thous. sh. tons__
Wholesale price indexes:
Pnntin« paper
1057—59=100
Book piper A °ra/de
do
p^porboird
do
2, 982
3, 131
3,082
2, 822
3, 255
3,118
3, 362
3, 351
3, 370
3 272
3, 170 ' 3. 433
3, 325
101.7
106. 1
92.7
100. 8
101.4
107.6
93. 1
97.2
101.4
107.4
94.1
96.6
101.4
107.4
94. 1
96.2
101. 4
107.4
94. 1
95.6
101.4
107.4
94. 1
95. 5
101. 4
107. 4
94. 1
94.1
101.4
107. 4
94. 1
95. 5
101.4
107.4
94.1
96.2
101. 4
107. 4
94.1
97.5
101.4
107. 4
94. 1
97.5
101. 4
107. 4
94.1
97. 6
157
84
166
88
152
75
147
74
177
93
171
106
182
104
174
98
177
94
170
92
164
r 103
do
160
156
170
168
160
160
151
148
171
169
166
172
180
186
181
171
188
179
178
175
Printing paper:
Orders new
Orders unfilled end of month
do
do
402
368
412
370
374
318
402
328
444
344
432
384
480
409
476
422
459
402
Production
Shipments
Coarse paper:
do
do
389
388
409
409
419
419
392
392
428
428
420
420
449
449
454
454
do
334
154
346
154
345
145
315
140
357
158
350
172
367
165
do
do _
331
330
350
343
363
360
311
313
347
342
352
344
do
do
do
561
559
225
558
557
249
609
625
202
506
530
178
518
433
264
do
do _
do
i 174
i 174
140
179
180
39
183
184
34
166
176
25
Consumption by publisherscf
do
Stocks at and in transit to publishers, end of
month cT
thous sh tons
455
465
508
620
586
597
Imports
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh. ton
453
456
134. 40
Selected types of paper ( A P P A ) : i
Fine paper:
Order 0 row
thous sh tons
Orders unfilled end of month
do
Production
Orders unfilled end of month
Production
Shipments
Newsprint:
Canada (incl. Newfoundland):
Production
~_
Shipments from mills
Stocks at miPs end of month
United States:
Production
Shipments from mills
Stocks a1" mills end of month
-
Paperboard (National Paperboard Assoc.) :
Orders new
thous. sh. tons_.
Orders unfilled end of month
do
Production total
- do_ __
Percent of activity
__ .
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil. sq. ft. surf. area_.
Foldlng paper boxes, shipments, index of physical
volume
— 1947-49=100-
101.4
107.4
94.1
97.5
r
179
• 102
' 169
' 102
190
107
159
160
r 185
r 187
r 175
189
188
454
494
432
396
r 457
M72
'395
'410
485
395
466
466
445
445
412
412
'471
'471
'439
'439
479
479
337
153
376
148
334
151
323
153
r
' 360
167
'373
r
185
385
187
368
365
354
346
373
371
328
327
311
311
'372
'362
r
'346
362
376
369
444
420
287
513
458
342
550
554
338
599
634
304
539
565
278
551
575
255
586
576
265
551
580
235
630
638
227
613
611
229
190
183
32
174
168
37
193
187
43
184
193
34
204
201
37
181
177
40
173
183
31
191
178
44
164
172
36
194
193
37
190
189
38
441
376
356
435
490
516
483
421
443
490
529
524
604
606
604
583
570
585
561
615
632
606
588
559
458
470
359
371
347
470
494
448
495
456
455
522
134. 40
134. 40
134. 40
134.40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
1,398
461
1,392
91
1,488
468
1,486
92
1,472
452
1,484
91
1,346
414
1,384
80
1, 456
455
1,410
95
1,417
464
1,413
95
1,596
485
1, 572
97
1,547
483
1, 535
94
1, 607
471
1, 640
94
1, 524
472
1, 527
95
1,506
601
1,396
84
1, 725
1,523
1,723
611
616
1, 529
1, 422
574
1,707
1,477
1,724
1,612
1, 450
97
86
9,547
10, 181
10, 562
8, 951
10, 169
9,407
10,645
10, 374
11,219
10, 401
10,108
10, 598
9, 803
124.0
124.1
129. 0
120. 3
119.4
112.8
126.6
124.1
131.0
124.2
120.2
' 168
92
98
134. 40 p 134. 40
99
545
11.804
10, 797
12, 457
r
r
494
'140.3 p 117.2
135.
128. 9
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
_
thous. lg. tons__
Stocks end of month
_ do
Imports incl latex and guayule
do
Price, wholesale, smoked sheets (N. ¥.)___$ perlb_.
Synthetic rubber:
Production
Consumption
Stocks end of month
Exports
-
38.56
68. 47
35.13
P. 285
thous. lg. tons_. 117.00
91.85
do _
245.55
do
24. 75
do
131. 20
104. 66
257. 15
25.31
do
do. _
do
21.99
20.86
32.15
23 38
21.95
29.77
23. 66
21.45
30.22
thous _
_
35.61
68.65
32.58
.296
9,728
11, 156
9, 859
2,838
6,908
114
11 055
3,495
7,430
130
Reclaimed rubber:
Production
Consumption _
Stocks, end of month
36.55
70.17
36.70
.300
40.98
69.29
30.67
.290
37.58
80.58
48.75
.284
40.71
82.92
33.88
.271
40.66
79.39
36.24
.270
39.29
79.24
34. 14
.270
35.77
77.76
25 57
.270
32.38
75.19
25 72
.265
135. 00 142. 97
106. 93 99.96
254. 32 262. 08
29.28
23.47
138. 55
114. 95
281.20
7.72
128. 47
103. 53
274. 32
29.93
140. 60
112.94
273 34
28.36
139. 33
114.96
272. 18
27.38
140.00
115.16
271 .36
26.92
132. 99
103. 73
281 79
20.04
130. 78
92.59
296 83
24.00
21 24
20. 25
30.42
25.40
23.53
29.67
22. 50
22.01
28.52
26 88
23.30
29.67
25 68
23.86
29.68
25 02
23.42
29.82
22 76
21.32
29.65
21 10
17 76
32.12
20 06
19 11
31 22
22 40
21 56
32 26
25 98
25 45
31 20
10, 844
10, 621
12, 430
11, 709
12, 541
12, 558
12, 134
11, 195
10, 182
9,368
10, 540
13, 469
11,502
11,041
4, 206
6, 696
140
8 778
3,698
4,944
136
11,225
4,113
7,019
93
9 235
3,600
5,509
126
11 136
4 060
6,942
134
13 843
4 244
9,457
142
12 503
4,261
8,110
132
11 943
4 075
7,737
131
19 681
3' 507
9,044
131
9 558
1 606
7,819
132
11 232
3 562
7, 552
117
14 021
5 163
8,700
158
10 746
4 366
6,263
117
28 652 27 889
' 81
78
27 469
86
28 272
82
3 408
3,506
9 155
85
2 827
2,958
9 088
38.53
69.83
42.24
.295
35.77
68 88
26 24
.230
41.88
64.30
30 58
.255
.258
127.30 * 124. 59
100 43 105 98
296 27 rOQ9 20
21 33
27 27
129. 87
127 44
275 28
22 51
22 90
35.08
73 00
31 68
.253
.240
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
_
Original equipment _
Replacement equipment
Export
_
_-
.
__ do
do__
do
do
Stocks, end of month
Exports (Bur. of Census)
do
_do
26, 128
81
27, 086
89
26, 039
100
27, 899
103
29, 054
24
31, 693
97
33 193
100
32 137
102
31 919
83
31 226
78
28 830
97
Inner tubes:
Production
Shipments
Stocks, end of month
Exports (Bur. of Census)
do
do
do
do
3 P4
3,280
9 146
66
3 403
3,442
8 913
81
3 141
3,251
9 280
79
3 141
2,640
9 898
89
3 954
5,074
8 938
11
3 595
3,572
8 974
92
3 657
3,475
9 297
110
3 529
3,500
9 440
85
3 694
3,168
10 111
84
3 183
2,933
10 437
62
3 021
3,650
9 818
90
r
Revised.
v Preliminary.
1 Includes Alaska and Hawaii beginning July 1961.
\ Monthly averages for 1962 for new orders, production, and shipments reflect revisions
to adjusted annual totals; revisions by months not available.
9 "702
3,' 032
9 576
61
2 860
3' 115
9 180
g9
cf As reported by publishers accounting for about 75 percent of total newsprint consumption in 1962.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1961
Monthly
average
January 1964
1962
Nov.
1963
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
36, 802
91
39, 145
37, 452
'93
40.257
34, 68?
88
36. 547
Oct.
Nov.
36, 624
90
41 , 352
30. 377
77
26.317
3 5, 209 r 33, 236
19. 774 17,400
28. 485
13. 631
32, 546
13 820
684. 2
30.3
171.1
773.6
33.5
186 4
30.6
36.3
Dec.
STONE, CLAY. AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent of capacity
Shipments, finished cement
Stocks, end of month:
Finished
Clinker
thous. bbl__ 26, 950
74
thous. bbl_- 26,889
_-
28, 027
75
27, 893
29, 339
78
27, 350
22. 940
59
16. 755
18, 289
47
14.559
14, 750
42
14, 735
21,525
54
21, 490
29, 314
75
30, 249
34, 497
86
35, 208
34, 992
89
35, 431
35, 879
25, 021
36, 720
24. 112
32,324
14.931
38, 531
17, 920
42, 282
22 286
42, 293
28, 093
42, 333
31,802
41,416 r 40, 704
31,908 30, 142
40, 322
27, 332
535. 6
39.7
145.8
576.1
35.2
142.8
586. 8
34.6
138.2
398. 5
28.3
94.5
371.3
24.4
89.3
344.7
24.7
79.0
523. 0
31.2
112.7
718.1
38.0
167.8
746. 8
35.9
175. 2
35.3
34.4
36.2
30. 6
25. 6
20.9
25.6
32. 5
19.0
21.1
21.2
18.4
19.9
18.6
21 2
22.4
103.8
104.9
104. 8
105. 0
105.7
105. 8
105. 8
106.4
65. 113
27, 743
37, 370
71 506
31 612
39, 894
_
CLAY CONSTRUCTION
do
do
r
38, 057
23, 884
r
r
PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil standard brick..
Structural tile except facing
thous. sh. tons__
Sewer pi p° and fittings vitrified
do
Facing tile (hollow), glazed and ungla/ed
mil brick equivalent- .
Floor and wall tile and accessories, glared and un"•la/ed
mil. srj. f t _ _
Price index, brick (common), f.o.b. plant or N.Y.
dock
1957-59 = 100..
691. 0
35.7
171. 5
746. 5
38.9
176.1
743.5
35.0
186.9
36.3
33.6
33.4
34.0
23.6
23. 5
23.3
24.5
106.4
106. 4
106.4
106.4
r
22. 8
24.5
105. 8
105. 8
105. 9
GLASS AND GLASS PRODUCTS
Flat glass, mfr?.' shipments (qtrly. total and qtrly.
iveracre)
thou15 ^
^heet (window) glas^ shipments
do
Plate and other flat glass, shipments
do
Glass containers:
Production
67. 441
28. 4r>3
39, 018
77, 470
35,014
42, 456
75 501
32. 976
42. 525
80 677
38. 766
41,911
thous. gross . 14.013
14, 655
13, 438
12, 924
14. 580
13,387
15 , 630
15, 183
15,963
16, 250
16, 199
17,092
14. 807 '15. 660
14. 254
13, 668
Shipments, domestic total
do
General -use food:
1.492
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars)
thous. gross.. 3,912
14,319
13. 147
12, 508
13, 232
12,078
14, 898
14, 531
15, 805
15, 879
15, 568
17, 722
14. 806 45, 484
13. 281
1,582
1,086
1, 057
1,208
1,196
1,401
1.419
1, 458
1 , 395
1 849
2.272
2. 759
r
l 828
1.186
4,110
4, 195
3. 601
4, 165
3, 568
3,933
3,736
3,988
4, 030
4,045
5, 278
4.131
--4.633
3.847
do
do
do
1.007
1.831
1.291
1,187
2,183
1,269
983
1,636
1.437
1 , 235
1,876
1.143
835
1,653
1,206
843
1.570
1,116
1,413
2,502
1,328
1, 540
2,758
1,283
1, 903
2,977
1,346
2,141
3,215
1.345
1,969
3,264
1,049
1,430
2,983
1, 333
f-921
858
1,971 '2,157
1.337 r 1,640
959
2,101
1.321
do
do
do
2. 985
1 007
142
3. 066
786
134
2, 997
667
146
2,789
664
143
3, 290
745
1 30
2,934
750
101
3,390
824
107
2,889
800
106
3,213
804
116
2,876
769
108
2,588
681
123
3.431
813
182
2,931
681
138
do
21.833
22, 921
21, 964
21, 128
22, 931
24. 504
25, 450
26, 034
26, 147
26,210
26, 459
26, 070
25. 162
do
1,242
2, 375
1,355
2. 492
1,495
2. 516
1, 016
2.140
1 532
2,702
9
2, 062
2, 205
2. 163
2, 035
2, 403
2 518
1.000
65
1,012
67
1,072
68
685
68
1 211
72
1 °63
70
256
264
256
257
239
254
237
201
283
960
284
°89
411 6 396.2
1, 483 9 1,657.9
58.9
56 6
374.7
1,670.7
55.6
345. 8
1, 552. 4
49.4
401 3
1,832 2
68 8
437 0
1 994 8
69 0
Beverage
Beer bottles
Liquor and wine
-_
_
Medicinal and toilet
_
Chemical household and industrial
Dairy products
.
Stocks, end of month
_
r
3. 402
764
r
!39
3, 095
648
124
25. 562
26. 320
GYPSUM AND PRODUCTS
Crude gypsum, qtrly. avg. or total:
P I
H"
~ "
~"
Gypsum products sold or used, qtrly. avg. or total:
TJncalcined uses
thous sh tons
Industrial uses
do
Building uses:
Plasters:
Base-coat
do
Lath
Wallboard
A.11 other§
mil sq ft
do
do
9Q9
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills:
Cloth woven, total
mil. linear vd.
Cotton
do
Stocks, end of year or mo., totalcf
do
Cotton cf"
do__ .
Orders (unfilled), end of year or mo., total * [ _ d o _ _ _
Cotton f
- - do.._
954.5
760.2
1, 517. 5
1.237.3
2,416.4
1.942.4
975. 5
760.2
1.488.0
1, 192. 5
2, 472. 3
1,848.9
898.1
689.5
1,550.4
1,238.4
2,354.0
1. 734. 0
828.6
636.1
1,555.2
1,243.9
2, 342. 8
1,737.9
11,107.3
i 855. 2
11,556.0
11,239.8
12.260.6
11,658.4
923.5
712. 4
1,541.1
1.221.6
2, 285. 0
1, 661. 1
940.4
723.3
1. 496. 1
1.179.0
2, 344. 5
1,708.8
11,131.4
1881.4
11,473.8
11,152.1
12,247.2
11,629.1
929.4
713.9
1, 490. 1
1, 153. 4
2,271.3
1, 637. 5
929.4
710.0
1,518.0
1,165.0
2.311.0
1,672.1
i 923. 2
i 710.7
11,491.5
U,133.6
12,436.3
11,760.3
934.4
720 9
1, 506. 1
1,158.5
2. 506. 4
1,798.8
939.8
719 1
1, 505. 0
1, 164. 0
2, 546. 1
1,848.8
U 179 7
i 915 3
1
1 475 7
11,149.9
12,827.9
12,023.4
245
1,328
4,774
10, 065
COTTON
Cotton (exclusive of linters) :
Production:
GinningsA
thous running bales 214,325 214,864
Crop estimate, equivalent 500-lb. bales
214,318 214,867
thous bales
710
727
Consumption
do
Stocks in the United States, end of mo., total O
13. 447 14, 675
thous bales
13, 373 14, 588
Domestic cotton, total O
do
3,465
3 770
On farms and in transit
do
9,470
Public storage and compresses Odo ... 7,794
1.809
1, 654
Consuming establishments
do
75
86
Foreign cotton, total O
-- -- -- do
r
667
1790
659
666
1809
693
660
1690
667
18.943
18. 827
4,451
12, 997
1,379
116
2
590
17, 976
17, 870
2,104
14, 304
1,462
16.981
16, 859
1,178
14, 142
1,539
122
15,812
15, 690
808
13,261
1.621
122
14, 714
14. 599
13.614
13, 507
526
11,333
1.648
107
12,617
12,516
290
10, 696
1,530
101
11, 724
11,629
311
9, 992
1,326
95
11,179
11, 091
280
9,615
1,196
88
24. 531
24. 395
13, 532
9,807
1,056
106
Revised.
* Data cover 5 weeks: other months, 4 weeks.
Total crop for year.
4
s Ginnings to Dec. 13.
Ginnings to Jan. 16.
s Dec. 1 estimate of 1963 crop.
§ Comprises sheathing, formboard, and laminate board.
cfStocks are those owned by weaving mills and those billed and held for others, except
595
12.347
1, 657
115
136
663
1829
24, 046 r 23, 360
23, 899 T 23, 207
11,230
6,948
11,688 ' 15, 209
981
1,050
147
'153
12, 834
:i
14, 070
5
12. 046 312,957 U4.606
15, 548
678
22, 296
22. 146
4,391
16, 510
1,245
149
that stacks exclude denims stocks billed and held for others, and all bedsheeting stocks.
^Excludes orders for wool apparel fabrics and bedsheeting.
ATotal ginnings to end of
month indicated, except as noted.
©Beginning July 1963 includes cotton released by GSA
from the cotton stockpile.
o U i\ v Hi i u F ^ u xiitrjiN i n u oii> TJOO
oaiiunry .HMK
1961
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
Monthly
average
S— oy
1963
1962
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov. Dec.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
533
Exports
thous. bales- _
14
Imports
do
Prices (farm), American upland
cents per lb_. 132.8
133.7
Prices, middling 1", avg., 15 markets.
do
. 'otton linters:
Consumption
Production
Stocks end of mo
thous. bales. .
do
_ do _ .
COTTON MANUFACTURES
Spindle activity (cotton system spindles):
Active spindles, last working day, total- -thous. ._
Consuming 100 percent cotton
. do
Spindle hours operated, all fibers, total
mil—
Average per working day
do
Consuming 100 percent cotton
do
Cotton yarn, natural stock, on cones or tubes:
Prices', f.o.b. mill:
20/2 carded, weaving
$perlb..
36/2 combed knitting
do
Cotton cloth:
Cotton broad woven goods over 12" in width:
Production, qtrly. avg. or total t _ _ .mil. lin. yd_Orders, unfilled, end of mo., as compared with
avg. weekly production
No. weeks' prod-Inventories, end of mo., as compared with avg.
weeklv production
No. weeks' prod-Ratio of stocks to unfilled orders (at cotton
mills) end of mo seasonallv adjusted —
Exports
-_
. _ .-thous. sq. yd—
Imports
do
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
321
12
231.6
1 33. 5
299
3
31.8
33.0
383
1
31.0
33.1
109
130
543
108
141
633
101
222
696
99
180
729
19,019
17,308
9,749
449
8,870
18,797
16,754
9, 911
458
8,801
18,730
16, 395
9, 253
463
8, 035
.647
.926
.660
.938
.651
.924
2,292
2, 314
11.8
10.8
10.3
5.5
5.4
.47
39, 117
21, 254
24.49
522
2
29.7
33.8
440
5
31.9
34.0
299
2
33.0
34.1
310
2
32.6
34.1
244
5
32.8
33.9
183
3
31.9
33.4
274
79
32.0
33.2
361
4
32.7
33.1
384
91
32.9
33.1
194
811
106
171
826
106
150
831
3127
113
786
110
79
715
112
48
617
3106
38
554
114
66
485
106
155
502
3 131
18, 750 18, 611
16, 374 16, 222
8,450 m,206
422
448
7, 317 s 9, 705
18, 541
16. 029
9. 316
466
18,630 18, 586
15, 995 15,890
9, 394 311,482
470
459
8,043 39,771
18, 509
15, 737
9, 277
464
7,856
18, 609 18, 638
15, 767 15, 692
9,280 3 9, 819
393
464
7,833 3 8, 162
18, 681
15, 757
18, 696
.651
.924
211
(6)
30.1
33.4
3114
8,044
.643
.909
9,344
467
7,870
.643
.910
.643
.910
9.7
9.4
9.3
9.6
12.6
10.1
5.5
5.4
5.4
5.4
5.4
6.4
5.3
30, 662
25. 10
.62
37, 099
52, 933
24.81
.58
34, 358
56. 323
24. 54
.60
33, 817
52, 501
24.18
.60
32, 139
35, 783
23.84
.56
26, 918
32, 832
24.25
.52
33, 746
39. 150
24.71
.49
27, 543
35, 263
25. 27
38.3
15.4
17.0
38.3
15.5
17.0
38.3
15.6
17.0
38.3
15.6
17.0
38.3
15.7
17.0
38.3
15.7
17.0
38.3
15.7
17.0
38.2
15.9
16.9
.640
.911
501
32.5
33.1
214
571
100
210
557
18, 742
15, 753
9, 345 311,788
467
472
7.903 3 9. 903
31.2
33. 2
18, 660
15, 653
9. 538
477
8. 000
15,75S
.646
.910
.643
.910
11.1
9.8
9.4
5.8
6.2
5.9
.51
34, 691
38, 671
25.24
.55
31, 094
27, 388
25.58
.56
32, 684
38, 019
25.37
.60
38.3
15.1
16.3
39.6
15.4
17.0
38.3
15.3
17.0
38.3
15.4
17.0
485.6
160.4
100.2
187.7
37.3
596. 5
181.5
125.0
242.6
47.4
7,018
3,834
9,177
4,281
9,020
5,200
11,776
5,419
2, 808
1,818
7, 747
4, 467
8.421
3,046
8,300
4,056
9,874
4, 346
10. 889
3,139
7,980
4.715
8.197
4, 679
8, 330
4, 003
541
3,374
809
5, 463
902
4., 801
861
6,673
4,542
569
"4"
9. 988
700
8,232
733
10, 899
645
7,616
512
10, 294
723
12,262
804
10, 063
837
10, 155
56.4
53.5
570.9
522.1
53.2
48.4
78 2
526.8
59.6
41.8
62.7
40.0
99 3
27.5
62.1
41.9
62.2
39.8
60.2
36.8
99 8
28.5
59.1
36.2
57.2
31.9
56.5
29.4
92 2
28.0
58.5
32.1
58.5
32.1
.82
.26
.82
.26
.82
.26
.82
.26
.82
.26
.82
.26
.82
.26
.82
.26
.82
.27
.82
.27
.82
.28
596.2
366.3
64.1
111.6
11, 559
682.8
397.0
75.9
147.8
11,633
11, 087
720.3
405.3
74. 9
179.6
13, 664
4,995
16,398
738.9
413.8
76.2
187.0
14, 954
13,024
13, 334
757 5
430 4
79 i
187 8
13, 676
SILK
Imports, raw
._ . _
._ __thous. Ib
557
Price, raw, A A, 20-22 denier 0
$perlb._
5.20
Production, fabric, qtrly. avg. or total t
thous. lin. yd— 5,732
539
6.03
655
6.49
328
7.22
582
7.63
267
7.67
341
7.86
301
7.87
487
7.48
492
7.70
MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly. avg, or total
mil. lb_.
Eilament yarn (rayon and acetate)
do
Staple incl tow (rayon)
do
Noncelluloslc (nylon, acrylic, protein, etc.) -do
Textile glas15
fiber
do
Exports:
Yarns and monofilaments
thous. Ib
Staple, tow, and tops
. do. ._
Imports:
Yarns and monofilaments
_do
Staple, tow, and tops__ _
_.
do
Stocks, producers', end of mo.:
Filament yarn (rayon and acetate)
mil. lb..
Staple, incl. tow (rayon)
do
Noncellulosic
fiber
do
Textile glass
fiber
_
do
Prices, rayon (viscose):
Yarn, filament. 150 denier
$ per lb..
Staple, 1.5 denier,
. _ _ _do
Manmade fiber broadwoven fabrics:
Production, qtrly. avg. or total 9 t--.mil. lin. yd_.
Rayon and acetate (excl. tire fabric)
do
Nylon and chiefly nylon mixtures
do
Polyester and chiefly polyester blends
do_ _.
Exports, piece goods
thous. sq. yd__
WOOL
Wool consumption, mill (clean basis) :J
Apparel class
Carpet class
Apparel class, dutiable
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, $£ blood
Australian, 64s, 70s, good topmaking
5
1.184
1.032
1.110
1.247
1.090
1.155
2,250
16,219
6,068
20, 387
12, 561
25, 837
17, 825
1. 281
1.145
1.175
1.300
1.145
1.175
1.310
1.145
1.215
22, 634
13, 448
37, 222
25, 424
1.325
1.154
1.275
1.325
1.160
1. 275
1.325
1.151
1.275
21, 198
13, 813
24, 747
15, 122
1.275
1.125
1.275
f. 650
p. 919
10.5
11.5
12.3
5.3
5.1
5.0
.41
.48
.39
27. 543 ' 36. 764 31,681
25. 80
26.23
26. 73
37.7
16.0
16.9
37.7
16.3
16.9
p 37. 7
r> 17. 0
P 17. 1
4 03 9
i 52. 6
4 QO q
20. 92
M7.4
8, 003
5. 556
6.080
56.9
33.9
109 7
28 3
53.1
38.5
50. 4
35.6
.82
.28
.82
.28
.82
.28
p. 82
p. 28
10, 492
13, 689
725. 0
415 3
71.8
177 6
13, 439
13, 684
13. 283
427
6.80
591
6.93
536
6.48
6.16
p 6. 42
18, 126 320,806
13. 610 315,961
16, 166
12, 040
1.325
1.205
1. 275
1.325
1.226
1 . 275
8. 662
4 905
21,510 321,125 20, 107
11,127 3 12, 169 13, 511
20, 043 29, 637 22, 217
13,019 17, 716 11, 790
1.300
1.140
1.275
. 645
.911
674 2
176 2
146.0
300 0
52.0
4 349
22, 193 3 25, 218
14, 330 3 16, 163
32, 143 24, 983
21, 907 17, 239
. 645
.911
2. 072
642. 2
174.2
141 2
278 8
48.0
4,895
19, 546 325,017
11,063 314,957
27, 644 18, 343
17, 716 14, 477
.640
.911
? 242
615. 7
169.6
139 3
200. 9
45 9
621.3
181.8
137 9
259. 8
41 8
5,951
thous. lb__ 21, 923 23, 354
do
12, 421 12, 404
21, 079 23, 088
do
10, Oil 15, 207
$ per lb_.
do
do
2,225
.640
.911
1.325
1.175
1.275
1.325
1.175
1.275
1. 325
1.191
1. 275
1.425
1. 255
1. 455
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, Bradford
system, wholesale price.
_
1957-59=100—
96.7
100.6
102.9
102.9
105. 4
105. 4
105. 4
105.4
105.4
104.6
104.6
104. 6
104. 6
104. 6
107.1
Woolen and worsted woven goods, exc. felts:
Production, qtrly. avg. or total J
thous. lin. yd_ 71,721 77, 465
69, 818
76, 988
78, 166
67 583
I
Apparel fabrics, total
do
70, 035 75, 310
66, 658
73, 640
75, 246
65. 544
Women's and children's
_
do
41.654
43, 228 45, 423
39, 587
46, 837
45 451
Suiting, price (wholesale), flannel, men's and
95.4
boys, f.o.b. mill
1957-59=100—
93.8
94.9
95.8
95.8
95.8 1 95.8
95.8
95.8
95.8
95.8
95.8
95.8
95.8
95.8
r
2 g ?ason av erage to Apr. 1, 1963.
Revised.
v Preliminary.
i Season averag e.
Feb. 1963, pr ce in si :eins, A A A grat e; comp arable .7 an. 1963 price, H157.67 per pound.
3
Datt-i cover 5 weeks; other months, 4 weeks.
* Data arf for moiith shoM-n.
s (Jtrly.
t Re visions for 1st h alf of 19f 2 -are ava ilabl'j u\)on requt 'St.
avpmpp
6 T,PSS than 500 hnlps
OTnolnHps rtat<i not shn wn <3pr»p ratpl\7
ffi~Rpcrii
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through 1962
and descriptive notes are shown In the 1%3
edition of BUSINESS STATISTICS
1961
1962
1962
Monthly
average
1903
Dec.
Nov.
J a n u a r y l!n
Jan.
Feb.
Mar.
Apr.
May
J ane.
Julv
Aug.
Sept.
Oct. | Xov.
Dee.
TEXTILE PRODUCTS—Continued
APPAREL
thous doz. pairs.. 14. 008
TTosierv shipments
Men's apparel, cuttings: f
Tailored garments:
Suits
- - thous. units. . ' 1. 566
•' 391
14, 343
14.521
11,528
14, 834
14,459
15,452
13, 700
14, 839
14,721
14, 392
17, 094
14,921
17,418
14. 338
r
' 1.769
r
395
' 1,611
'• 230
2. 107
'220
1, 834
247
1,905
268
2, 02(5
388
1.896
501
1 , 003
473
1. 131
314
1,838
489
1,589
343
2,011
316
1. 787
231
'•972
7, 157
1,848
1, 128
8, 942
2, 191
1,0(18
8. 349
2, 1 56
1,181
9, 229
2, 235
1 , 262
9, 659
2, 237
1,179
10,486
2, 208
992
9. 595
730
8, 876
1.548
1.024
10,214
2. 201
8S2
8. 843
1,918
'1,218
9. 480
1, 039
8. 269
2, 100
318
293
321
314
342
342
338
363
351
325
340
372
283
425
335
410
311
475
341
373
307
1, 948
21,031
1,080
2, 353
21 909
l'.123
2, 155
27, 320
1,041
826
30, 486
682
1, 191
25, 036
595
2, 161
20, 721
734
2, 488
19, 340
813
2l' 061
K13
1, 332
683
1. 400
705
1.538
776
1,617
896
1,359
945
1,180
' 874
1,263
935
1,371
1,005
1,685
-401
'809
' 8, 193 r 9, 527
Trousers (separate), dress and sport
do
Shirts (woven fabrics), dress and sport-thous. doz. ' 1, 860 ' 2, 061
Work clothing:
r
258
'281
Dun fT ar°es ind waistband overalls
do
' 302
'303
Shirts
do
' 958
r
r
r
' 245
r
244
256
r 305
Women's, misses', juniors' outerwear, cuttings: t
Coats
thous. units.. ' 2, 025 ' 2, 002 '2,401 «• 1,314
r21, 013 ' 20, 880 ' 18, 474 ' 14, 425
Dresses
do
r
'773
' 806
' 708
687
Suits
do
Blouses waists and shirts
Skirts '
-
thous. d o z _ _ ' 1,270
r
671
do
r
'1,370 ' 1,365
' 656
'587
916
r 422
2,440
2, 529
2.001
18. 874 22 353 18. 957
' 858
' 636
794
1, 263
804
1, 640
978
1.351
690
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders new (net s ) qtrly avs' or total
mil $
U.S. Government
1
do
Prime contract
do
Sales (net), receipts or billings, qtrly. avg. or total
mil. $ _ _
Backlog of orders, end of year or qtr. 9 - _ - _ _ - _ d o
IT S Government
do
\ircrift (complete) and p°rts
do
Engines (aircraft^ and parts
do
Missiles, space vehicle systems, engines, propulsion units and parts
mil $
Other related operations (conversions, modifications) products services
mil $
3, 354
2,611
3, 030
3,740
2, 996
3, 329
3, 737
2, 942
3, 993 ........
3, 139
4. 688
4 004
4, 373
4 121
3. 378
3 713
4 095
3,327
13, 922 '112,030
11,018 '110,066
5, 646 i 4, 988
1 546 '11,540
i
3, 931
3 lf)4
3, 572
5,194
4, 003
4, 680
3 Q15
3 117 1
3 919
3, 144
4 171
3,419
'13 472
'10,995
5 438
' 1,406
14,495
11,579
5, 345
1,484
'13. 440 '10.992
5. 239
'1,419
rl}9 P,30
'110,066
i 4. 988
' » 1, 540
3, 836 '13,714
r
i3,714
' 4. 409
1,781
' i l , 363
' 1, 331
1
' 4, 250
' 1, 309
5, 102
1,387
82.1
1,824
28.0
81.8
1, 682
27.3
65. 6
1. 419
26. 1
57.4
1,437
12.3
47.3
1,321
21.8
62.2
1,428
37.6
60.2
1,553
33.7
49.0
1, 226
33.2
51. 4
1,256
15.8
57.4
1,250
7.0
47. 1
1,023
9.3
48.7
1,097
18. 5
58.4
1,199
13.2
63.3
1,380
11.6
59 g
1.306
20.9
556. 4
527. 3
461.9
450.2
94.5
77.1
681.1
654. 6
577.8
562.8
103.3
91.9
802.0
769. 4
689. 5
669. 6
112. 5
99.8
776.1
751. 5
661. 4
647.4
114.7
104.1
791.0
768. 6
670.2
658.0
120.8
110.6
723. 7
698.8
607.9
592. 8
115.8
106.0
782.5
753.4
654.1
637.1
128.5
116.3
818.0
789. 3
689.2
671.8
128.8
117. 4
840.2
812. 4
711.8
695. 1
128.3
117. 2
804.1
778. 1
687. 5
672.9
116.6
105. 2
790.0
763. 7
660. 9
649.4
129.1
114.2
251.4
240. 3
167.8
165. 1
83.6
75.2
598.8
566.1
481.8
463.0
117.0
103.1
945. 7
906. 2
804. 0
779.2
141.7
127. 0
873.3
836. 8
__
thous
do
do
do
do
do
Exports, total
Passenger cars (new and used)
Trucks and buses
number
do
do
23, 447
10,086
13, 361
20, 100
11, 246
8,855
23, 383
14, 002
9,381
20, 567
11,807
8, 760
6,591
3,370
3,221
25, 916
12, 849
13, 067
22, 729
12 652
10,077
21, 189
11,623
9,566
22, 437
12, 056
10, 381
23, 667
14, 151
9,516
17, 596
6,846
10, 750
13, 241
3,519
9,722
17, 142
8,294
8,848
32, 370
14,998
17,372
42, 056
29. 066
12, 990
do
do
24, 860
24, 076
33, 080
32, 063
37, 272
36,195
45, 678
44, 220
32, 904
32, 020
37, 472
36, 567
43, 197
41, 040
43, 351
41,974
37, 644
36, 197
31,049
29, 814
39,804
38, 663
21,964
21, 240
36. 134
31,019
38 835
36, 834
do
do
do
4,263
2,650
462
5,650
3,730
996
5,717
3,951
1, 835
5,295
3,689
756
5, 726
3,896
627
5, 385
3, 609
805
6,147
3, 970
1,108
5,922
3,574
1,108
6,389
3,851
1.296
5,888
3, 643
649
5,927
3,515
601
6, 240
3,773
462
6,170
3,754
547
6,940
4,318
632
___thous_.
do
do
487.9
31.6
76.6
578.2
28.3
89.1
637. 5
26.6
92.4
644. 4
29.8
101.3
553.9
27.0
90.5
498. 0
27.6
82.4
624.2
32.5
99.2
758.8
42.7
120.0
714.7
39.4
107.6
691.6
35.9
102.8
706.0
34.5
111.3
552. 9
31.5
105.0
403.6
33.7
93.5
714.7
32.2
117.1
640.2
26.4
100.4
number
do
do
2, 655
1,572
1,083
3,046
1, 962
1,085
2, 205
1,660
545
1,899
1,336
563
2,445
1,330
1,115
3,074
1,820
1,254
4,026
2,639
1,387
3,755
2,812
943
2,405
1,719
686
3,701
2,685
1,016
4,017
3,016
1,001
4,141
2,907
1,234
4,327
2,984
1,343
4,725
3, 366
1,359
3,911
2,925
986
r 4, 265
3,816
1, 686
2,965
' 2, 579
851
5,074
3. 385
1, 689
5,722
3, 100
2,622
2,570
2,110
460
5,978
5, 349
629
2,349
1,908
441
2,319
1,921
398
8, 533
3.804
4,729
8,331
6,726
1,605
\lrcraft (civilian)' Shipments @
do
Airframe weight ©_ thous. l"b_.
Exports
mil $
MOTOR VEHICLES
Factory sales total
Domestic
Passenger cars, total
Domestic
Trucks and buses, total
Domestic
Imports (cars, trucks, buses), totaled
Passenger cars (new and used)o*
Production, truck trailers:
Comnlete trailers total
Vans
Chassis van bodies for sale separately
Registrations:©
New passenger cars
Foreign cars
New coJinnercial cars (trucks)
mi
124.7
110.6
RAILROAD EQUIPMENT
Freight cars (ARCI):
Shipments
Equipment manufacturers, total
Railroad shops domestic
' 4, 354 ' 3, 020
' 2, 083 ' 2, 986
34
2,271
New orders
Equipment manufacturers, total
Railroad shops, domestic
do
do
do
2.564
1. 597
967
3,076
1,979
1,097
3,565
2,956
609
Unfilled orders, end of year or mo
Equipment manufacturers total
Railroad shops domestic
do_ _ _ 13, 462
4,616
do
do
8,846
14,315
6,788
7,527
13, 502
7,039
6,463
16, 122
7,446
8,676
17, 565
9,177
8,388
19, 952
10, 785
9,167
21, 307
11,155
10, 152
19, 872
10,401
9,471
23, 364
14,011
9,353
21,959
13, 233
8,726
21, 925
12. 279
9,646
20, 749
12, 303
8,446
18, 388
11, 188
7, 200
22, 196
11,626
10, 570
26, 611
15, 425
11, 186
17
202
23
174
13
119
18
126
0
126
0
136
0
153
0
203
0
213
9
204
26
178
43
250
42
220
35
202
24
178
1,607
8.8
1,552
8.0
1, 559
8.3
1,552
8.0
1,547
8.2
1,545
8.3
1,543
8.3
1,537
8.1
1,531
7.7
1,530
7.6
1,531
7.9
1,528
7.7
1, 527
7.7
1,521
7.1
1,519
7.0
Passenger cars: Shipments
__
__ do _
Unfilled orders, end of mo
do
Freight cars, class 1 ( A A R ) : §
Number owned, end of year or mo
Held for repairs % of total owned
thous_.
r
Revised.
1 Reflects year-end adjustments and changes in accounting practice involv2
ing the concept of backlog.
Prelininary estimate of production.
t Monthly revisions for Jan. 1961-Oct. 1962 are available upon request.
9 Total includes backlog for nonrelated products and services and basic research.
©Data include military-type planes shipped to foreign governments.
tf'Data cover complete units, chassis, and bodies.
©Courtesy of R. L. Polk & Co.; republioation prohibited.
§Excludes railroad-owned private refrigerator cars and private line cars.
U.S. G O V E R N M E N T P R I N T I N G O F F ! C E : 1 9 6 4
2 809. (
2 745. (
INDEX TO CURRENT
SECTIONS
Gene rah
Business indicators
Commodity prices
Construction and real estate
Domestic trade
,
,
1—7
7, 8
9, 10
10-12
..
Employment and population
-_
.— 12-16
Finance.. —
._.« 16-21
Foreign trade of the United States
21-23
Transportation and communications
23, 24
Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products,,Lumber and manufactures
.
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
25
26
26-30
30, 31
.____...
Rubber and rubber products
Stone, clay, and glass products
Textile products
_.
Transportation equipment
31
32-34
35,36
... 36, 37
37
38
38-40
40
INDIVIDUAL SERIES
Advertising
10, 11,16
Aerospace vehicles
40
Agricultural loans
16
Air carrier operations
23
Aircraft and parts
3.13-15,40
Alcohol, denatured 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, 3-5, 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
1 - 5
3 1
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
Business incorporations (new), failures
7
Business population
.
2
Business sales and inventories
4, 5
Butter
27
Cans (tinplate)
33
Carloadings
24
Cattle and calves
28
Cement and concrete products
8-10, 38
Cereal and bakery products
8
Chain-store sales, firms with 4 or more and 11
or more stores
12
Cheese
27
Chemicals
_
4-6, 8, 13-15, 19, 22, 25
Cigarettes and cigars
8,30
Civilian employees, Federal
14
Clay products
8, 38
Coal
4, 8, 13-15, 22, 24, 35
Cocoa
23, 29
Coffee
23, 29
Coke
24, 35
Communications
2, 13-15,20, 24
Confectionery, sales
29
Construction:
Contracts
9
Costs
9, 10
Employment, hours, earnings, wages 13-16
Highways and roads
9, 10
Housing starts
9
New construction put in place
1, 2, 9
Consumer credit
17, 18
Consumer expenditures
1, 2
Consumer goods output, index
3, 4
Consumer price index
7
Copper
23, 33
Corn
27
Cost of living (see Consumer price index)
7
Cotton, raw and manufactures
7r 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
1,3, 18-21
_._ 11,12
STATISTICS, Pages <
Earnings, weekly and hourly
14-16
Eating and drinking places
11,12
Eggs and poultry..,
.___
_
. . 3, 7, 29
.
Electric power___
4, 8, 26
Electrical machinery and equipment
3,
5,6, 13-15,19,22,34
Employment estimates
12-14
Employment Service activities
16
Expenditures, U.S. Government
18
Explosives
_ _ _ . ,__
25
Exports (see also individual commodities)
1,
2,21-23
Express operations.,
__„
23
Failures, industrial and commercial
.
7
Fans and blowers
34
Farm income, marketings, and prices
1, 3, 7
Farm wages
16
Fats and oils___,.
8,22, 29,30
Federal Government finance .
18
Federal Reserve banks, condition of
.„_
16
Federal Reserve member banks
~_
17
Fertilizers
.. 8, 25
Fire losses
10
Fish oils and
fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products___ 4-8, 10, 11, 13-15, 19, 22, 23, 27-30
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, 2
Gross private domestic investment
1, 2
Gypsum and products
8, 38
Hardware stores
11
Heating equipment
8, 34
Hides and skins
8, 30
Highways and roads
„
9, 10
Hogs
28
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
Hotels
14, 15, 24
Hours of work per week
14
Housefurnishings
1,4,7,8, 10-12
Household appliances and radios
4, 8, 11, 34
Housing starts
9
Imports (see also individual commodities)- 1, 2, 22, 23
Income, personal
2, 3
Income and employment tax receipts
18
Industrial production indexes:
By industry
.
3, 4
By market grouping
3, 4
Installment credit
12, 17, 18
Installment sales, department stores
12
Instruments and related products
3, 13-15
Insulating materials
34
Insurance, life
.
18,19
Interest and money rates
17
Inventories, manufacturers' and trade
4-6, 11
Inventory-sales ratios
5
Iron and steel__ 3, 5, 6, 8, 10, 13-15, 19, 22, 23, 32, 33
Labor advertising index, disputes, turnover
16
Labor force
12
Lamb and mutton
28
Lard
28
Lead
33
Leather 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, 5, 8, 10-15, 19, 31
Machine tools
34
Machinery
3,5,6,8, 13-15, 19,22,34
Mail order houses, sales
11
Manmade fibers and manufactures
„
8,39
Manufacturers' sales (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, 3-6, 8, 10, 11, 13-15, 19, 22, 40
Motors and generators
34
Natiortel defense«
National income i
National parks, i
Newsprint.... jU-*,
New Vork'Stock J
Nonfefrous i
Nonin$tallment <
Oilbi
Oils ana iara**^«»«*-*.*w»«iiiii*'.
Orders, new and unfilled, "-~
Ordnance
Paint and paint
Panama Canal t
Paper and products and
Parity ratio.. .w.^'Passpqrts issued <..«*.,t,
Payrolls, indexcs»«.«w.»»,.-_^____,^ _„ r ._ T ^
Personal consumption ccpenditure»_.^.I
Personal income.
Petroleum and ]
Pig iron __ *_..*.»„ *.*.„»!,.»*..* «.•,*;
Plant and equipment
Plastids and resin Vt
Population..., ---- ,— ^.-v****— *— -*'
Pork. .
Postal savings- „
Poultry and egg^^-....___-,».„ —^-
Prices (see also individual commodities),..
Printing and publishing.. . . ---.
Profits, corporate----....*»^,. .
Public^ utilities.^____,„«,. ___ I-4,
Pullman CompanyPulp and pulpwoo
Purchasing power e
Radiators and
Radio
.*.....*,___» ___
Railroads _____ „___„_. 2, 13f 14, 16, 18,
Railways (local) and bus fines. _ . _ _ _ . _ _
Rayon and acetfttO' ' '
Real estate
Receipts, U
Recreation ------ *_,— ^*
Refrigerators and home m
Rent (housing)____. . . j . .
... ^^
Retail trade. *,...*^»--%-^»Ji.- 4,
.
.
.«•»•.«••«••»•.•• ,•»*!—•••.«» «M^
»» ^
RoonWan"d~Bld£i"S
Rubber and prodi^
:• ^v^^1'
Saving, personal. .*.»w.-,.*»...i,1,*(^.^Mjfh.<<(,
Savings deposits.. *«„„»»,.•*-.-»*,**,.^(»p*
Securities issued..»*.44-^w»'Security markets ...«^,*,.**-,
Services
.
Sheep and lambs
Shoes and other U^»^
Silk, prices, imports, ]
Silver^
.*^.*.»,,.—*.v*.-*i-,*iU.-^4
Soybean cake and meal and oil__..__..
Spindle activity, cotton.—.******.**.^
Steel ingots aod stwfl l
'
Steel scrap....,
.*-»^"**WJ
Stock prices, earnings, sales, jj|&
Stocks:, department-s*0f«i4i*-^ '
Stone, clay, *
Stoves ai
Sugar
Sulfur .
*_fc
^.
Sulfuric acid.....**^.^,.^*^*
Tea imports. ~._~..«^»»f.«^.,f(
Telephone, telegraph,; cable, ? and
graph carrier8.-**.f.r^
Television and radio^..
Textiles and products..
Tin ------------ *—.,
Tires and i
Tobacco an
Tractors______~-**^.»u-i.
Trade (retail an
Transit lines,
Transportation
Travel ------ *.
Trucks (i:
Unemployment and inwiWMlot.*-*^!*.!'^
U.S. Government t»ottd»*.*.ri^.»-,J
U.S. Government finance—
Utilities.
Vacuum
Variety stores- *.««
Vegetable oils...
Vegetables a«4 f»
Vessels cleared il|
Veterans' benefits.»^*.»
Wagea a
Washers and driert ^..'.i^
Water heaters. . ~^«,
Waterway tramc_*.U*~
Wheat and wheat $CW«Wholesale price itid«t«*..«L
Wholesale.
Wood p u l _ . _ , ,
Wool and wool manufactures...
Zinc.
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BUSINESS STATISTICS
1968 edition
FOURTEENTH VOLUME in a series of
statistical supplements to the monthly Survey of
Current Business, the new 1963 biennial edition provides historical data for each of over 2,500 economic
indicators.
Monthly data are shown back to 1959, with
quarterly series back to 1951 and annual averages
from 1939. Explanatory notes for each series refer
to the source and methodology used, define the
statistical units, and specify both the comparability
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