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JULY
1967 / VOLUME 47 NUMBER
SURVEY OF CURRENT BUSINESS
CONTENTS
THE BUSINESS SITUATION
U.S.
U.S. Department of Commerce
Second Quarter GNP
1
June Business Activity
3
National Income and Product Tables
5
NATIONAL INCOME AND PRODUCT ACCOUNTS,
1963-66
9
Summary Data
10
1. Gross National Product and National Income
13
2. Personal Income and Outlay
20
3. Government Receipts and Expenditures
24
Murray F. Foss / Editor
4. Foreign Transactions
31
Leo V. Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics
5. Saving and Investment
32
6. Income and Employment by Industry
34
7. Supplementary Tables
39
8. Implicit Price Deflators
42
CURRENT BUSINESS STATISTICS
General
S1-S24
Industry
S24-S40
Subject Index (Inside Back Cover)
Alexander B. Trowbridge / Secretary
William H. Shaw / Assistant Secretary
for Economic Affairs
Office of Business Economics
George Jaszi / Director
Morris R. Goldman Louis J. Paradiso
Associate' Directors
STAFF CONTRIBUTORS TO THIS ISSUE
Business Review:
Leo Bernstein
Francis L. Hirt
National Income and Product:
National Income Division Staff
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a* BUSINESS SITUATION
ECONOMIC expansion was resumed
in the second quarter of the year after a
slowdown in the first. According to
estimates that are still preliminary,
gross national product rose to a seasonally adjusted annual rate of $775
billion in the April-June quarter, up $9
billion or 1K percent from the January-
ChAiU ]
GNP rose more in the second
quarter than in the first
Billion $ change
20
15
10
llll.l
FINAL SALES again advanced sharply...
20
15
10
III.II
but the decline in INVENTORY
ACCUMULATION moderated
March period. About one-half of this
current dollar advance reflected an
increase in real product. In the first
quarter, GNP rose only $4 billion and
real output declined very slightly.
Final sales in the second quarter
advanced by a sizable $14 billion—
almost as much as in the first quarter.
Consumer purchases, bolstered by a
resurgence in automobile demand,
paced the sales rise with a gain of $8%
billion. Increases were also registered
in Government purchases and residential construction, but net exports
were about unchanged and nonresidential fixed investment was reduced
slightly.
The acceleration in the GNP rise
this spring was due to the fact that inventory investment declined less from
the first to the second quarter than it
had from the fourth to the first. According to estimates based on incomplete data, inventory accumulation in
the second quarter totaled $2 billion at
an annual rate, as compared with $7
billion in the first quarter; however, the
$5 billion decrease in inventory investment was considerably smaller than the
$11% billion reduction in accumulation
that occurred between the final quarter
of 1966 and the initial quarter of 1967.
(See the last two columns of the table
below.)
1967
Quarterly
change
1966
I
UP
762.1
766.3
775.3
4.2
9.0
743.6
Final sales
Change in inventories. 18.5
759.2
7.1
773.2
15.6
2.1 -11.4
14.0
-5.0
GNP
-15
2
3
4
1
1966
2
1967
IV-I I-II v
IV
Change From Previous Quarter
Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
* Preliminary.
NOTE.—Data are in billions of dollars, seasonally adjusted
at annual rates.
THIS month's SURVEY presents the annual revision of the national income and
product accounts. The full set of tables
for the 1963-66 period, with revised
estimates for 1964-66, starts on page 13.
Revised first quarter and preliminary
second quarter 1967 estimates are shown
on pages 5-8 in the national income and
product tables that are published each
month. Beginning this month, these
tables have been expanded in number to
include tables showing gross auto product in current and constant dollars, and
implicit price deflators for gross national product by type of expenditure,
by major type of product, and by sector.
The overall level of prices, as measured by the implicit price deflator for
GNP, rose about 0.6 percent—as much
as the first quarter rise. As compared
with the first quarter, there was some
acceleration in the price advance for
personal consumption expenditures, but
a slower rate of increase for fixed investment. Prices of goods and services
bought by Government continued to
advance, but because of product mix
changes, the overall Government deflator rose less than in the first quarter.
Real product gain modest
The increase in real product in the
second quarter, although only a modest
2% percent at an annual rate, marked
a resumption of the growth that had
started in early 1961 and that continued
for 23 consecutive quarters until the
leveling off in the first quarter of this
year. Since the fourth quarter of 1966,
1
SURVEY OF CURRENT BUSINESS
real output has increased at an annual
rate of only 1 percent, as compared with
an average of 4 percent per year for the
entire postwar period and an annual
average of 5% percent from 1963
to 1966.
Despite the pronounced slowdown
in output growth in the first half of
1967, the impact on overall unemployment was not severe. The unemployment rate, which was 3.7 percent in the
fourth quarter of 1966 and the first
quarter of 1967, edged up to 3.8 percent
in the second. Unemployment would
have been higher if the slackened demand for labor had not been accompanied by a slowdown in labor force
growth in the first half of the year.
Saving rate still high
Disposable personal income rose $7%
billion in the second quarter, somewhat
more than the increase in personal income. Although a rise in income is
normally accompanied by an increase
in personal taxes, the exceptionally large
refunds on 1966 Federal income tax
liabilities in the second quarter resulted
in an appreciable—but temporary—
decline in personal taxes. Personal saving fell about $1% billion as consumer
spending rose more than income. The
saving rate (personal saving as a percentage of disposable personal income)
CHART 2
The expansion in WAGES and SALARIES
slowed in the second quarter
Personal income rises little
The advance in personal income—
from a seasonally adjusted annual rate
of $613 billion in the first quarter to
$619 in the second—was not large gaged
by recent experience. The modest overall advance was attributable to the
small rise in payrolls—only $3% billion
as compared with quarterly increases
ranging from $7% billion to $9% billion
during the previous year. On balance,
the payroll increase reflected higher
wage rates; total employment for the
quarter declined slightly for the first
time since early 1961, and average
weekly hours, which had been decreasing since the second quarter of 1966,
continued to edge down.
Proprietors' income was about unchanged in the second quarter as a
small rise in business and professional
income was offset by a further decline
in farm proprietors' income—the fifth
in a row. Transfer payments rose only
$K billion after increasing $3% billion
in the first quarter. Payments under
social security and medicare continued
to advance, but there was a sharp drop
in payments of GI life insurance dividends that followed the large initial
payments in February and March.
Contributions for social insurance, a
subtraction item in the personal income
total, changed little in the second quarter after a large first quarter rise, which
was due to statutory increases in social
security tax rates.
Billion $ Change
10
As a result, PERSONAL INCOME
increased at a slower pace
WUi
But with PERSONAL TAXES somewhat lower
July 1967
eased somewhat but, at about 7 percent,
was still high. This was the first decrease
in personal saving since the opening
quarter of 1966. From 5% percent in that
quarter, the saving rate climbed through
1966 to reach 1% percent in the JanuaryMarch period of this year.
Large gain in consumer spending
Personal consumption expenditures,
which had shown rather small gains in
the two preceding quarters, rose $8%
billion to an annual rate of $489 billion
in the April-June period. Increases were
scored in all major categories. Durable
goods purchases in the quarter were up
for the first time since the summer of
1966; they rose $2% billion, most of
which reflected a pickup in spending on
autos and parts. Sales of new domestically produced cars advanced to an
annual rate of 8 million units in the
second quarter, well above the 7%
million rate in the first quarter and
almost as large as the rate in the last
3 months of 1966.
Consumer spending on nondurable
goods has shown an improvement this
year as compared with the second half
of 1966. These expenditures rose $2J£
billion in the second quarter, a somewhat smaller increase than in the first.
Spending for clothing paced the gain in
nondurables with a spurt of $1J£ billion,
but spending for food and beverages
rose a little less than in the first quarter.
The sustained long-term increase in
consumer expenditures for services continued with a rise of $3}£ billion.
Rise in defense outlays
DISPOSABLE INCOME rose more
than personal income
15
10
mill
1
2
3
4
1
1966
1967
Change From Previous Quarter
Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
2
Total Government purchases in the
second quarter were again a major
stimulus to economic activity. With a
$4% billion increase over the first quarter, the rise over the corresponding
period a year ago amounts to almost
$25 billion, or 16 percent, a much larger
relative increase than the other major
components of GNP.
Federal defense purchases were up
about $2% billion over the quarter
while Federal nondefense outlays were
little changed. The increase in military
spending, attributable mainly to increased deliveries of equipment and
supplies, was well below the large
July 1967
SURVEY OF CURRENT BUSINESS
billion first quarter advance. The stability in nondefense purchases reflected
an increase in agricultural outlays offset by a decrease in spending on the
space program. The expansion in State
and local purchases—$2% billion—represented mainly increased payrolls and,
to a lesser extent, higher construction
outlays.
Good gain in housing
Residential construction expenditures
showed their first significant quarterly
advance in more than a year with a
$1% billion rise in the April-June period. Even with this improvement,
housing outlays are still more than $4
billion below the rate that prevailed in the
first quarter of 1966, just before the
sharp decline began in homebuilding.
Since the easing in money and
financial markets that became evident
in late 1966, housing starts have
gradually improved from the very low
levels reached last fall. Total starts
(including farm) rose from a seasonally
adjusted annual rate of about 1 million
units in the fourth quarter of 1966 to
approximately 1.2 million units in the
first quarter and by this May were up
to a 1.3 million rate. This rate of starts
is still well below that required to accommodate new household formation
and estimated replacement needs, and
vacancy rates are currently lower than
they have been in several years. Although the continued expansion in
starts through May suggests another in- cutting back the excessive stocks they
crease in outlays in the third quarter, were faced with at the start of 1967.
the course of housing activity for the Manufacturers continued to add to
rest of the year has become clouded by inventories, though at a slower pace
the rise in long-term bond yields that than in the first quarter; much of the
has re-emerged this spring and earty second quarter rise was in defense insummer.
dustries. Trade firms continued to
reduce stocks, and at a faster rate than
Fixed investment down a little
in the first quarter.
With profits below their fourth
The ratio of nonfarm inventories to
quarter 1966 peak and capacity utilizaGNP
(in constant dollars) in the second
tion under 1966 rates, business fixed
quarter
was 0.230, well above the range
investment edged down for the second
of
0.214-0.218
that prevailed in the 4%
quarter in a row. The decrease—-apyears
through
mid-1966. Although it
proximately $Y2 billion—brought the
seems
fairly
clear
that the inventory
decline since the fourth quarter to $1J£
adjustment
is
still
not over, what is
billion.
important
for
the
expansion
in output
According to the OBE-SEC survey
conducted in May, businessmen intend is the fact that the decline in inventory
to increase their plant and equipment investment has definitely moderated.
expenditures in the third quarter and
June Business Activity
again in the fourth. Some support for
these spending intentions appears in
The tempo of overall business activthe data on orders received by manuity
showed some signs of quickening as
facturers of machinery and equipment:
the
second quarter came to a close.
After declining through February, new
Employment
in nonfarm establishments
orders increased in March, April, and
increased
after
falling in April and May,
May. The restoration of the investment
and
personal
income scored its best
tax credit enacted in June retroactive to
advance
in
several
months. Automobile
March 10 should stimulate investment
sales
rose
sharply
over the April-May
later this year, but the extent to which
rate
to
reach
its
highest level since
the restoration may have been anticiMarch
1966.
The
decline
in industrial
pated and reflected in the OBE-SEC
production,
which
has
been
in progress
survey is not known.
since early 1967 and which has been an
Net exports unchanged
important depressing influence on overNet exports were little changed in all economic expansion, continued.
the second quarter as both exports and However, it appears that on balance
imports declined by roughly equal the reduction was due almost entirely
amounts. The first quarter had witnessed to the very sharp strike-induced dea spurt in net exports, which had been crease in the output of the electrical
drifting down since mid-1965. The equipment industry. One sobering note
second quarter decline in imports was during June was the rise in the unemthe first since the dock strikes in early ployment rate to its highest level in a
1965. It should be noted that these year and a half.
preliminary estimates are based on
A record volume of new bond offerstatistics for only 2 months.
ings buffeted capital markets during the
month and caused yields on long-term
Small rise in inventories
Although it appears on the basis of securities to climb steadily; by early
partly estimated figures that business July, they were virtually at their peaks
inventories in the second quarter rose of 1966. The continued rise in long-term
again, the accumulation was small: $2 bond yields could have a potentially
billion at an annual rate, as compared adverse effect on output later this year,
with $7 billion in the first quarter and notably in housing. In short-term
$18 % billion in the fourth quarter of markets, interest rates showed little
1966. The data suggest that many overall change in June, but toward the
businessmen made further progress in end of the month and in early July,
CHART 3
Saving Rate Continued High
in Second Quarter
10
_ Personal Saving as a Percent of
Disposable Personal Income
»
1960
61
62
63
64
65
Quarterly, Seasonally Adjusted
Department of Commerce, Office of Business Economics
66
67
they began to rise noticeably. A rather
dramatic development was the pronounced advance in yields on near-term
Government securities that followed
the June 28 announcement by the
Treasury concerning plans for borrowing $6.2 billion in securities maturing in
1 year or less.
Spurt in personal income in June
Personal income in June registered its
largest increase since January with a $3.7
billion rise that brought the total to a
seasonally adjusted annual rate of $622
billion. The gain in payrolls was large,
$2.8 billion, and reflected a spurt in
manufacturing (where there had been
a general downward drift since early
in the year), further advances in Government payrolls, and an acceleration in
increases in private nonmanufacturing
payrolls. The payroll step-up reflected
increases in both man-hours and rates
of pay; the much smaller payroll advances in April and May were due solely
to pay increases. Most other components
of personal income, including transfer
payments, showed small gains in June.
Employment and unemployment up
After declining for 2 months, nonfarm payroll employment, seasonally
adjusted, rose 150,000 in June to reach
a level only fractionally below the
March peak. Most major industries
participated in the employment advance, but more than half of it, 80,000,
was accounted for by Government.
Of particular significance in the preliminary June employment report was
the addition of about 30,000 workers
in manufacturing establishments, the
first monthly gain since January. The
increase in employment occurred even
though a major work stoppage caused
employment in the electrical equipment
industry to fall by about 30,000. Small
increases were evident in most other
durable and nondurable goods industries, and where declines took place,
they were relatively small.
Although employment increased in
manufacturing, seasonally adjusted
hours of work declined for the second
straight month; the June figure of
40.2 hours was the lowest since January
1964. However, large increases in the
SURVEY OF CURRENT BUSINESS
July 1967
workweek from May to June occurred
in construction—mainly a reflection of
weather conditions more favorable than
earlier this spring—and in trade.
The labor force increased more than
total employment after seasonal adjustment, and the unemployment rate rose
from 3.8 percent in May to 4 percent in
June, the highest rate since December
1965. The rate for adult women, which
changed relatively little from February through May, advanced noticeably. The rate for adult men increased
again last month, extending an upward
drift from the very low midwinter level.
However, the overall rise was tempered
by a small decline in the rate for teenagers.
The rise in the labor force over the
month was substantial and more than
offset an almost steady succession of
monthly decreases since January. Since
last December the seasonally adjusted
labor force has increased by about }/%
million persons, much below the average
6-month rise for recent years.
CHART
4
Employees in Nonagricultural Establishments
* Employment rose in June after 2 months
of decline
* In manufacturing, employment increase
was first since J a n u a r y . . .
Million Persons
68
64
60
56
Private
Nonmanufacturing
36
Industrial production dips
Industrial production edged down
again in June, after seasonal adjustment, with declines in both durable and
nondurable goods manufacturing. Mining output showed a sizable advance as
a result of the sharp increase in crude
oil production that accompanied the
crisis in the Middle East.
Production of durable goods would
have been somewhat larger than in
May if there had not been the strike
in the electrical equipment industry.
Although the output of primary and
fabricated metals was lower, activity
was higher in the automobile and aircraft industries and was about unchanged in other major durable goods
groups. A rise in passenger car assemblies marked the fourth straight month
of increase in this industry.
Auto sales higher
32
28
24
Manufacturing
\
20
Government
12
\
but weekly hours continued to decrease
Average Weekly Hours
Manufacturing
\
42
40
1964
1965
1966
1967
Monthly, Seasonally Adjusted
Data :BLS
U.S. Department of Commerce, Office of Business Economics
7-4-67
Sales of new domestically produced
passenger cars, which changed little
from April to May, advanced considerably in June. The seasonally adjusted
annual rate of dealers' sales increased to
8.6 million units from 7.8 million in
May and continued strong in early
July. Recent sales may have been bolstered somewhat by greater-than-usual
promotion campaigns; also, there may
be some advance buying in anticipation
of a strike and higher prices for the
1968 models. In any case, the industry
is approaching the changeover period
with dealer inventories of current year
models at the lowest seasonally adjusted
level since the transition period of 1965.
This is in marked contrast to 1966, when
showroom stocks were close to a record
high. End-of-June stocks represented
1.6 months of sales this year, as compared with 2.3 months last year.
SURVEY OF CURRENT BUSINESS
July 1967
NATIONAL INCOME AND PRODUCT TABLES
1965
III
1966
1967
1966
1967
1966
1965
IV
II
1966
III
IV
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Billions of 1958 dollars
Billions of current dollars
Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
Gross national product
683 9
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential.
_.
Structures
Producers' durable equipmentResidential structures
Nonfarm
Farm
_
Change in business inventories
Nonfarm
Farm
___
Net exports of goods and services
Exports _ .
Imports
Government purchases of goods and services
Federal
___
National defense
Other
State and local
_
743 3
725 9
736 7
748 8
762 1
766 3
775 3
616 7
652 6
645 4
649,3
654.8
661.1
660.7
420.4
424.2
433.1
465.9
458.2
461.6
470.1
473.8
480.2
488.9
398.4
418.0
416.2
415.2
420.4
66 0
191 2
175 9
70 3
207 5
188 1
71 6
203 2
183 5
68 2
207 1
186 3
70 9
209 5
189 8
70 6
210 3
192 9
QQ 4
214 2
196 6
72 1
216 6
200 2
66 4
178 9
153 2
71 3
187 7
159 1
73 0
185 8
157.3
69 3
187.7
158.2
71.9
188.8
159.8
71.1
188.4
160.9
69.7
191.8
162.6
107 4
118 0
115 2
118 5
116 4
122 2
110 4
106 1
98 0
105 6
104 0
106 5
103 6
108 4
96 9
98 0
104 6
105 3
104 5
104 9
103 7
103 3
104 0
89 1
93 0
94 5
93 1
93 0
91 2
90 2
71 1
25 1
46 0
80 2
27 9
52 3
78 3
28 3
50 0
78 7
27 5
51 2
81 2
28 2
53 1
82 8
27 7
55 1
81 9
27 7
54 2
81 3
26 3
55 0
66 0
21 9
44 1
72 8
23 6
49 2
71 8
24 2
47 5
71 7
23 4
48 3
73 6
23 7
49.9
74 2
23.0
51.2
73 0
22.9
50.1
27 0
26 4
5
24 4
23 g
5
27 0
26 5
5
25 8
25 3
5
23 7
23 2
5
20 9
20 4
5
21 4
20 9
6
22 7
22 1
6
23 2
22 7
5
20 2
19 7
5
22 8
22 3
5
21 4
21 0
5
19 4
19 0
.5
17 0
16 5
.5
17 3
16 8
.5
9 4
8 4
10
13 4
13 7
3
99
96
3
14 0
14 4
3
11 4
12 0
5
18 5
19 0
5
71
7 3
2
21
2 2
I
88
7 9
9
12.6
12 9
3
9.5
9 2
2
13.4
13 7
3
10.6
11 1
5
17.2
17.7
5
6.7
6.8
6.9
39 i
32 9
5.1
6.1
5.4
4.6
4.3
5.3
5.2
6.0
4.4
5.4
4.8
4.1
3.2
4.1
43 0
37 9
42 0
36 0
42 5
37 1
43 7
39 0
44 0
39 7
45 3
39 9
44 8
39 6
37 5
31 5
40 8
36 4
40 3
34 9
40 4
35 6
41 4
37 3
41 2
38 0
42 4
38 3
136.4
154.3
146.5
151.2
157.7
161.7
170.4
175.2
114.3
124.5
119.9
122.7
126.6
129.1
135.5
66 8
50.1
16.7
69.6
77 0
60.5
16.5
77.2
72 1
55.1
17.1
74.3
74 9
58.4
16.6
76.2
79 5
63.0
16.6
78.1
81 5
65.6
15.9
80.2
87 1
70.2
16.8
83.3
67 8
72 3
66 4
61 2
63 4
89 5
64 7
57 8
72.6
16.9
85.6 "56." 4~ ~~59.~9~ ~~58.~7~ ~~59.T "60." I"
61.3 ~~63.~2~
664.6
::::
Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
Gross national product. .
Final sales. ._
Change in business inventories
Goods output
683 9
743 3
725 9
736 7
748 8
762 1
766 3
775 3
616 7
652 6
645 4
649 3
654.8
661.1
660.7
674 5
9.4
729 9
13.4
716 0
9.9
722 6
14.0
737 4
11.4
743 6
18.5
759 2
7.1
773 2
2.1
607 8
8.8
639 9
12.6
636 0
9.5
635 9
13.4
644 2
10.6
643.9
17.2
654.0
6.7
346.6
379.6
369.5
375.7
381.8
391.7
388.1
330.0
353.7
347.9
351.0
354.7
361.1
356.6
343.9
17.2
349.9
6.7
Final sales
Change in business inventories
337.2
9 4
366.2
13 4
359.6
99
361.7
14 0
370.3
11 4
373.2
18 5
380.9 _ _ _ _ _ _ _ 321.2
71
88
341.0
12 6
338.5
95
337.6
13 4
344.1
10 6
Durable goods..
Final sales. .. _
Change in business inventories
139 5
132 8
6.7
154 6
144 7
9.9
150 5
143 2
7.4
151 4
141 6
9.7
155 7
145 8
9.9
161 1
148 3
12.8
153 9
150 5
3.4
136 3
129 8
6.5
150 0
140 6
9.3
147 5
140 5
7.0
147 3
138 0
9.3
150 8
141.6
9.2
154 2
142.3
11.9
146 6
143.6
3.0
Nondurable goods. _ _
Final sales
Change in business inventories
207 1
204.4
2 7
225 0
221.5
35
219 0
216.4
25
224 4
220.1
4 3
226 1 230 6
224.5 224.9
15
57
234 2
230.5
37
193 7
191.4
2 3
203 7
200. 4
33
200.4
198.0
2 4
203.7
199.7
4.1
203.9
202.5
1.4
206.9
201.6
5.3
210.0
206.3
3.6
262 9
287 2
276 6
283 5
291 6
296 9
303 1
222 3
235 2
229 7
233 5
237 9
239 8
242 7
74.4
76.5
79.9
77.4
75.5
73.5
75.2
64.4
63.7
67.8
64.7
62.2
60.2
61.3
Services
Structures
664.6
Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national product
Private
Business
Nonfarm
Farm
Households and institutions
Rest of the world
General government- - - ' Preliminary.
__
775 3
683 9
743 3
725 9
736 7
748 8
762 1
766 3
616 7
652 6
645 4
649 3
654 8
661 1
660 7
616 1
666 7
653 0
661 5
670 6
681 9
683 9
565 9
597 5
592 3
594 8
599 0
604 2
602 7
593 4
569 8
23.6
642 4
617 6
24.8
629 4
603 3
26.0
637 6
612 8
24.8
646 2
621 6
24.6
656 9
633 0
23.9
658 7
635 1
23.6
547 8
524 2
23.6
578 9
556 4
22.4
574 0
550 8
23.2
576 3
554 4
22.0
580 2
558 0
22.2
585 1
562 7
22.4
583 6
559 9
23.7
18.5
20.1
19.7
19.7
20.3
20 6
21.1
14 0
14 7
14.6
14.4
14.8
14.9
15.1
4.2
4.2
3.9
4.2
4.1
4.4
4.1
4.1
4.0
3.8
4.1
4.0
4.3
4.0
67 8
76 6
72 9
75 1
78 2
80 2
82 5
50 8
55 o
53 i
54 4
55 8
56 9
57 9
664.6
SURVEY OF CURRENT BUSINESS
6
1966
1965
1966
I
II
July 1967
1967
III
IV
I
1966
II*
1965
1966
Seasonally adjusted at annual rates
Equals: Net national product
66.4
624.0 679.8 663.6 673.6 684.9 697.4 700.8
708.9
Less: Indirect business tax and nontax
62.2 65.1
liability .
2.7
2.6
Business transfer payments
—2 0 —2.6
Statistical discrepancy
Plus: Subsidies less current surplus of
government enterprises
775.3
65.5
1.2
2.2
62.4
63.1
63.9
64.7
62.9 64.7 65.9 67.0 67.9
2.8
2.8
2.7
2.7
2.6
—.9 —2.2 -3.2 -3.8 -4.0
1.4
2.0
2.7
2.6
2.3
69.0
2.8
2.2
562 4 616.7 600.3 610.4 622.1 634.1 636.4
Equals: National income
Less: Corporate profits and inventory
valuation adjustment
Contributions for social insurance
Wage accruals less disbursements
Plus: Government transfer payments
to persons
Interest paid by government
(net) and by consumers
Dividends
Business transfer payments
Equals: Personal income
74.9
82.2
81.1
81.3
81.9
84.6
78.1
29.7
38.2
36.6
37.4
38.9
39.8
42.2
42.5
.0
.0
.0
.0
.0
.0
.0
.0
37.2
41.2
39.7
39.2
41.3
44.7
48.1
48.6
20.4
19.8
2.6
22.3
21.5
2.7
21.4
21.4
2.6
22.0
21.6
2.7
22.4
21.6
2.7
23.2
21.2
2.8
23.7
22.2
2.8
23.9
23.1
2.8
537.8 584.0 567.8 577.3 589.3 601.6 612.9
618.9
Wages and salaries
Private
Military
G overnment civilian
..
|n.
289.8 316.7 306.9 313.8 320.1 326.1 331.4
12.1 14.7 13.6 14.2 15.1 15.8 16.1
57.1 63.2 60.7 62.2 64.3 65.6 67.3
333.0
16.2
68.8
39.5
40.5
41.6
42.7
44.4
45.2
19.6
20.0
20.6
21.1
22.2
22.3
Other labor income
18.6
Employer contributions to private pension and welfare funds- 15.5
Other
3.1
20.8
20.0
20.5
21.1
21.7
22.2
22.9
17.3
3.5
56.7
59.3
60.0
59.3
59.2
58.6
57.8
57.7
Business and professional. _ .
41.9
Income of unincorporated enter42.3
prises
Inventory valuation adjustment . -.4
43.2
42.8
43.3
43.3
43.4
43.2
43.4
Farm
14.8
16.1
17.1
16.0
15.9
15.1
14.6
14.3
19.0
19.4
19.2
19.3
19.4
19.6
19.8
20.0
Rental income of persons. .
Corporate profits and inventory valuation adjustment _
Inventory valuation adjustment
43.6
-.4
74.9
82.2
81.1
81.3
81.9
84.6
78.1
76.6
83.8
83.7
83.6
84.0
83.9
79.0
31.4
45.2
19.8
25.4
34.5
49.3
21.5
27.8
34.5
49.2
21.4
27.8
34.5
49.2
21.6
27.6
34.6
49.4
21.6
27.8
34.6
49.3
21.2
28.2
32.5
46.5
22.2 ~~23.~ 1
24.2
-1.7 -1.6 -2.6 -2.3 -2.2
17.9
20.2
19.3
19.8
20.4
.7
-.8
-.0
21.1
21.6
22.1
Table 7. —National Income by Industry Division (1.11)
All industries, total
Agriculture, forestry, and fisheries
Mining and construction
Manufacturing
Nondurable goods
Durable goods
562.4 616.7 600.3
610.4 622.1 634.1 636.4
21.0 22.7 23.7 22.5 22.6 22.0 21.6
35.3 38.2 37.9 38.0 38.4 38.7 39.8
171.8 192.1 185.9 190.0 193.6 198.8 195.0
66.3 73.2 71.0 72.6 73.8 75.3 75.9
105. 5 118.9 114.9 117.4 119.8 123. 5 119.2
31.4
29.8
32.3
29.1
Personal consumption expenditures. 25.4
Producers' durable equipment
4.5
Change in dealers' auto inventories1.0
3
Net exports
Exports
1.0
7
Imports
24.9
4.4
.4
26.6
4.7
1.0
23.7 24.7
4.4
4.2
1.1 -1.3
0
1.3
12
_ 2
1.0
12
_ 1
1.0
11
3
1.5
13
0
1.5
1.5
— 3
1.3
16
Transportation
C ommunication
Electric, gas, and sanitary services
Wholesale and retail trade
... .
23.1
11.2
11.4
84.2
24.8
12.4
12.1
90.8
24.3
11.8
11.8
89.2
24.7
12.3
11.9
90.1
24.7
12.7
12.4
91.1
25.4
12.7
12.3
92.6
25.5
12.8
12.4
93.5
27.6
1.8
30.0
1.8
27.0
1.6
26.1
1.9
27.4
2.1
22.8
2.2
61.3
Finance, insurance, and real estate
Services
. ... 63.7
Government and government enterprises
-.- 75.2
4.2
Rest of the world .
65.6
69.3
63.9
67.0
64.9
68.6
66.2
70.2
67.5
71.3
68.4
72.6
84.6
4.2
80.8
3.9
83.0
4.2
86.3
4.1
88.4
4.4
90.8
4.1
25.3
Table 8.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment by Broad Industry Groups (6.12)
Gross auto product
29.6
418.0
20.3
Net interest
Billions of current dollars
463.1
359.1 394.6 381.3 390.2 399.6 407.4 414.7
41.1
Proprietors' income
Table 5.—Gross Auto Product in Current and Constant Dollars
(1.15, 1.16)
393.9 435.7 420.8 430.7 441.2 450.2 459.1
Supplements to wages and salaries. .. 34.9
Employer contributions for social
16.2
insurance
Profits tax liability
Profits after tax
Dividends
Undistributed profits
28.2
i
562.4 616.7 600.3 610.4 622.1 634.1 636.4
Compensation of employees
Profits before tax
1
IV
Table 6. —National Income by Type of Income (1.10)
National income
- . .. 683.9 743.3 725.9 736.7 748.8 762.1 766.3
63.5
III
[Billions of dollars]
Table 4.—Relation of Gross National Product, National Income,
and Personal Income (1.9)
Less: Capital consumption allowances . 59.9
II
Seas Anally adjusted at annual rates
[Billions of dollars]
Gross national product .. . -
I
1967
25.0
24.5 22.2
4.3
3.9
.6 -1.1
Addenda:
New cars, domestic 2
New cars, foreign
... . . . ...
29.0
1.2
Billions of 1958 dollars
Gross auto product 1_
31.4
30.3
33.0
29.7
Personal consumption expenditures . 25.4
Producers' durable equipment
4.5
Change in dealers' auto inventories .. 1.0
25.4
4.4
.4
27.2
4.7
1.0
24.2 25.3
4.2
4.4
1.1 -1.4
.1
1.3
1.2
-.2
1.0
1.2
.0
1.1
1.1
.3
1.6
1.3
.1
1.5
1.5
-.2
1.3
1.6
29.2 .28.2
1.2
1.8
30.7
1.8
27.6
1.6
26.6
1.8
27.8
2.1
23.3
2.2
Net exports
Exports.
Imports. .
.3
1.0
.7
28.8
29.9
24.7 22.6
4.3
3.9
.7 -1.1
Addenda:
New cars, domestic 2..
New cars, foreign
p
1
Preliminary.
The gross auto product total includes Government purchases, which amount to $0.2 billion
annually
for the periods shown.
2
Differs from the gross auto product total by the markup on both used cars and foreign cars.
AH industries, total
Financial institutions .
IVtutual
Stock
Non financial corporations
M anufacturing
Nondurable goodsDurable goods.
Transportation,
communication,
a n d public utilities - _ _ _ . . - - .
All other industries
74.9
82.2
81.1
81.3
81.9
84,6
78.1
8.4
9.3
8.9
9.0
9.5
9.6
9.6
20
6.4
19
7.4
66.5
72.9
72.2
72.2
72.4
75.0
68.5
38.7
16.5
22.2
43.1
18.7
24.4
42.7
18.3
24.3
42.5
18.5
24.0
42.7
18.8
23.9
44.4
19.2
25.3
39.6
18.4
21.1
11.2
16.6
11.9
18.0
11.7
17.8
12.0
17.8
11.8
17.9
12.0
18.6
11.7
17.3
SURVEY OF CURRENT BUSINESS
July 1967
1966
1965
1966
I
II
1966
1967
III
IV
I
HP
1965
1966
Seasonally adjusted at annual rates
39.0
38.3
38.7
39.2
39.8
40.3
40.9
37.0
38.2
36.9
37.9
38.6
39.2
39.7
40.3
Income originating in corporate business
319.1 352.4 342.6 348.8 355.2 363.2 361.5
Compensation of employees249.8 275.9 ' 266.8 273.2 279.0 284.5 289.1
Wages and salaries
224.6 246.1 238.3 243.9 248.8 253.5 257.1
Supplements
25.2 29.8 28.6 29.3 30.2 30.9 32.0
290.4
257.8
32.5
Net interest
-2.4
Corporate profits and inventory
valuation adjustment
Profits before t a x _. _ _ _ _ _ _ _
Profits tax liability
Profits after tax
Dividends .
Undistributed profits
__
Inventory valuation adjustment- _
71.7 78.9 78.0 78.0 78.7
73.3 80.6 80.7 80.3 80.8
31.4 34.5 34.5 34.5 34.6
42.0 46.0 46.2 45.9 46.2
18.3 19.9 20.0 20.1 20.1
23.7 26.1 26.1 25.8 26.1
-1.7 -1.6 -2.6 -2.3 -2.2
81.2
80.5
34.6
45.9
19.6
26.3
.7
74.9
75.7
32.5
43.2
20.7
22.5
-.8
78.4
60.1
85.6
66.1
83.5
62.8
Gross product originating in
financial institutions
16.2
85.0
65.1
17.5
84.4
64.4
17.0
84.6
64.5
17.3
-2.4
85., 4
65.3
17.7
-2.4
18.0
-2.5
-2.5
-.6
18.4
37.9
36.5
37.2
35.3
37.7
36.2
38.1
36.9
38.6
37.5
39.1
37.9
Income originating in nonfinancial
corporations
305.5 337.7 328.3 334.3 340.3 348.0 346.1
Compensation of employees . . _ _ 236.4 261.3 252.7 258.8 264.3 269.5 273.7
Wages and salaries. _ - ....
212.8 233.4 225.9 231.2 236.0 240.5 243.7
Supplements
23.6 27.9 26.8 27.5 28.3 29.1 30.0
6.4
7.0
7.1
Net interest
_ _
5.9
6.6
6.7
6.8
Corporate profits and inventory
63.3 69.7 69.1 69.0 69.2
valuation adjustment
Profits before tax
64.9 71.3 71.7 71.3 71.3
27.6 30.3 30.4 30.3 30.3
Profits tax liability
Profits after tax
37 3 41 0 41.3 41.0 41.0
16.9 18.5 18.5 18.6 18.6
Dividends
20.4 22.5 22.8 22.3 22.4
Undistributed profits
Inventory valuation adjustment
-1.7 -1.6 -2.6 -2.3 -2.2
Cash flow, gross of dividends
Cash flow, net of dividends
72.8
55.9
78.9
60.4
78.5
60.0
78.6
60.0
79.1
60.5
71.5
70.8
30.2
40.6
18.2
22.5
.7
65.3
66.1
28.1
38.0
19.2
18.8
-.8
79.3
61.1
77.2
57.9
. 18 6
20 8
20 0
20 5
21 1
21 7
22 2
22 9
Proprietors' income
Business and professional
Farm
Other labor income
56 7
41 9
14 8
59 3
43 2
16 1
60 0
42 8
17 1
59 3
43 3
16 0
59 2
43 3
15 9
58 6
43 4
15 1
57 8
43 2
14 6
57 7
43 4
14 3
Rental income of persons
Dividends
Personal interest income
19 0
19.8
38 4
19 4
21 5
42 4
19 2
21 4
40 7
19 3
21.6
41 9
19 4
21 6
42 8
19 6
21 2
44 3
19 8
22 2
45 2
20 0
23 1
46 0
Transfer payments.
39 7
Old-age survivors disability, and
health insurance benefits. ..
18 1
State unemployment i nsurance
2.2
benefits
Veterans benefits..
.. 5.6
Other .
13.8
for
43 9
42 4
41 9
44 0
47 5
50 8
51 4
20 8
19 4
19 6
21 0
23 2
24 7
9
1.8
5.7
15.6
2.0
5.9
15.1
1.6
5.4
15.3
1.8
5.4
15.8
1.8
6.3
16.2
2.1
6.5
17.6
17.0
13.4
17.9
17.1
17.3
18.4
18.7
20.0
20.1
65.6
75.2
70.4
74.1
76.9
79.6
78.6
38.5
540.2
Less • Personal outlays
145 0 479 0 470 9 474.6 483 2 487 4 493 9
Personal consumption expenditures- 133. 1 465.9 458.2 461.6 470.1 473.8 480.2
Interest paid by consumers
11.3 12.4 12.0 12.3 12.5 12.9 13.1
Personal transfer payments to for.7
.6
.0
.6
.6
eigners. _ ...
503 2
488. 9
13.3
274.4
244.0
30.4
7.3
-.6
Current dollar cost per unit of
1958 dollar gross product
originating 2in nonfinancial
corporations
... 1.057 1.076 1.062 1.072 1.080 1.091 1.100
099
.099
.099
099
099
.102
.095
682
.018
.093
.670
.017
.095
.679
.017
.096
687
.018
.096
693
.018
.098
.711
.018
178
.078
182
.079
183
.081
181
.080
180
.079
184
.078
170
.073
.100
.103
.102
.101
.101
.106
.097
e!e
80.2
Dollars
100
2 2
Equals : Disposable personal income . . .472.2 508.8 497.5 503.3 512.4 522.0 532.7
Equals: Personal saving. _
27.2
29.8
26.6
28.7
29.2
34.6
38.8
1. Excludes gross product originating in the rest of the world.
2. This is equal to the deflator for gross product of nonfinancial corporations, with the
decimal point shifted two places to the left.
1.0
37.1
Addenda :
Disposable personal income :
Total, billions of 1958 dollars
434 4 456 3 451.8 452.6 458 4 463.2 470.6
474.7
Per capita, current dollars
Per capita, 1958 dollars
2,427 2,584 2,537 2,560 2,598 2,639 2,686
2,232 2,317 2,304 2,302 2,324 2,341 2,373
2,717
2,387
Table 11.—Personal Consumption Expenditures by Major Type (2.3)
Personal consumption expenditures
433 1 465 9 458.2 461.6 470.1 473.8 480.2
.099
664
.016
56
39.8
Gross product originating in
nonfinancial corporations
356. 1 383.0 377.4 380.9 384.6 389.0 384.7
618 9
418.0
164.7
132 5
99 5
68 7
85 0
Less: Personal tax and nontax paymen ts..
Billions of 1958 dollars
Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies
Compensation of employees
Net interest
Corporate profits and inventory valution adjustment
Profits tax liability
Profits after tax plus inventory valuation adjustment
II v
537 8 584 0 567 8 577 3 589 3 601 6 612 9
Less: Personal contributions
social insurance
_.
Gross product originating in
nonfinancial corporations
376.3 412.1 400.7 408.2 415.3 424.2 423.1
Capital consumption allowances
35.5
Indirect business taxes plus transfer
payments less subsidies _ . - - . - . 35.3
I
Wage and salary disbursements
_ 359.1 394.6 381.3 390.2 399.6 407.4 414.7
Commodity-producing in dustries. _ 144.5 159.3 154.2 158.0 161.0 164.1 165.7
Manufacturi n,g
115 6 128 1 123 1 126 9 129 7 132 6 133 1
Distributive industries
86 9 93 9 91 3 93 0 94 9 96 5 98 7
Service industries .
._ 58.3 63.5 61 4 62 9 64 3 65 5 67 0
Government
69 3 77.9 74 3 76 4 79 4 81 4 83 4
Personal income
36.5
Cash flow, gross of dividends
Cash flow, net of dividends
rv
Table 10.—Personal Income and Its Disposition (2.1)
392.5 429.6 417.8 425.5 433.0 442.2 441.5
-2.4 -2.3 -2.4
III
[Billions of dollars]
Table 9.—Gross Corporate Product * (1.14)
Gross corporate product
II
Seasonally adjusted at annual rates
Billions of dollars
Capital consumption allowances ...
Indirect business taxes plus transfer
payments less subsidies
I
1967
Durable goods
488.9
66 0
70 3
71.6
68.2
70.9
70.6
69.4
72.1
Automobile s and parts
29 9
Furniture and household equipment- 27.0
Other..9.1
29.8
29.9
10.6
31.4
29.4
10.8
28.5
29.1
10.6
29.8
30.6
10.5
29.6
30.6
10.4
27.3
31.4
10.7
29.5
31.7
10.9
191.2 207.5 203.2 207.1 209.5 210.3 214.2
216.6
99.0 106.7 105.2 107.0 107.3 107.2 109.3
._ _ 36.1 40.3 39.5 39.8 41.0 40.8 41.5
15.1 16.2 15.8 16.2 16.3 16.6 17.1
41.1 44.3 42.7 44.1 44.8 45.7 46.3
110.0
42.8
17.4
46.4
.. 175.9 188.1 183.5 186.3 189.8 192.9 196.6
200.2
Nondurable goods
Food and beverages
ClothijQg and shoes
Gasoline and oil
Other
_
Services. . _ _ . _
....
. .
Housing
Household operation
Transportation
Other -
.__
.
63.6
25.7
12.6
74.0
67.1
27.0
13.6
80.4
66.2
26.1
13.2
78.0
66.5
26.9
13.5
79.4
67.4
27.4
13.7
81.3
68.5
27.7
14.0
82.7
69.6
27.8
14.4
84.8
70.7
28.2
14.6
86.6
Table 12.—Foreign Transactions in the National Income and
Product Accounts (4.1)
Receipts from foreigners. _. ... _ ... 39.1
Exports of goods and services..
Payments to foreigners
Imports of goods and services
Transfers to foreigners.
Personal
Government
Net foreigirinvestment
^Preliminary.
..
39.1
43.0
42.0
42.5
43.7
44.0
45.3
44.8
43.0
42.0
42.5
43.7
44.0
45.3
44.8
39 1
43.0
42.0
42.5
43.7
44.0
45.3
44.8
32.2
2.8
.7
2.2
37.9
2.9
.6
2.3
36.0
3.4
.6
2.8
37.1
2.9
.7
2.3
39.0
2.8
.6
2.2
39.7
2.5
.6
1.9
39.9
2.9
.7
2.2
39.6
3.1
1.0
2.1
4.1
2.2
2.7
2.5
1.8
1.8
2.5
2.1
8
SURVEY OF CURRENT BUSINESS
1966
1965
1966
I
II
July 1967
1966
1967
III
IV
I
1965
II *
1966
I
Table 13.—Federal Government Receipts and Expenditures (3.1, 3.2)
124.8 143.2 137.0 141.6 145.6 148.6
I
UP
Table 16.—Implicit Price Deflators for Gross National Product (8.1)
110.9 113.9 112.5 113.5 114.4 115.3 116.0 116.7
Gross national product
149.1
Personal tax and nontax receipts
53.8
61.7
57.7
60.9
63.1
65.2
65.5
Corporate profits tax accruals
Indirect business tax and nontax
accruals.- ...
29.3
32.3
32.2
32.2
32.4
32.3
30.3
16.5
15.9
15.2
15.9
16.2
16.3
16.2
16.4
Contributions for social insurance
25.2
33.3
31.9
32.5
34.0
34.7
37.0
37.2
123.4 142.9 134.8 138.4 146.3 151.9
160.9
163.2
63.5
Personal consumption expenditures...
110.1 111.2 111.8
112.7 113.2
Gross private domestic investment
Fixed investment
110 0 112.5 111 4 112 2 112.8 113 7 114 4
Nonresidential
Structures
107.7 110.2 109.1 109.7 110.4 111.6 112.2
114.6 118.4 116 8 117.7 118.9 120.1 121 0
66.8
50.1
16.7
77.0
60.5
16.5
72.1
55.1
17.1
74.9
58.4
16.6
79.5
63.0
16.6
81.5
65.6
15.9
87.1
70.2
16.8
89.5
72.6
16.9
Transfer payments
..
To persons
To foreigners (net) - ...
32.4
30 3
2.2
36.0
33.7
2.3
35.2
32.5
2.8
34.1
31.9
2.3
35.9
33.7
2.2
38.8
36.9
1.9
42.2
40.0
2.2
42.5
40.4
2.1
Residential structures
N on farm
Farm
Grants-in-aid to State and local governments
11.2
14.8
13.8
14.6
15.3
15.6
15.6
15.4
Change in business inventories
8.7
9.5
9.1
9.4
9.6
10.0
10.4
10.4
Subsidies less current surplus of government enterprises
4.3
5.4
4.6
5.3
6.0
5.9
5.6
5.5
Surplus or deficit ( — ), national income and product accounts. .
1.4
.3
2.2
3.2
104.2 106.2 105.1 105.8 106.3 107.7 108.2
Producers' durable equipment
116.4 120.9 118.7 120.4 122.0 123.2 123 8
116 5 121 1 118 8 120 5 122 2 123 4 124 0
110.2 114.1 111.9 114.1 114.6 115.9 117.3
Net exports of goods and services .
104.5 105.4 104.4 105.0 105.4 106.7 106.7
102.4 104.1 103.2 104.0 104.8 104.3 104.3
Exports. - - Imports
Government purchases of goods and
services
...
-.7 -3.3 -11.9
108.7 111.5
99.5 98.6 98.0 98.4 98.7 99.4 99.5
106.9 110.6 109.4 110.3 111.0 111.6 111.7
114.8 118.3 116.6 117.8 118.7 119.9 120.9
Durable goods
Nondurable goods
Services
Purchases of goods and services- ._
National defense
Other. .
-
IV
Index numbers 1958=100
[Billions of dollars]
Net interest paid.-- . ..
III
Seasonally adjusted
Seasonally adjusted at annual rates
Federal Government expenditures
II
1967
119.4 123.9 122.2 123.1 124.6 125.2 125.8
115.5 119.1 117.9 118.3 119.7 120.2 120.5
123.4 129.0 126.6 128.3 129.9 130.8 131.9
Federal
State and local
Table 14.—State and Local Government Receipts and Expenditures
(3.3, 3.4)
State and local government receipts
75.1
84.7
81.1
83.6
86.0
87.9
89.3
Personal tax and nontax receipts
11.8
13.5
12.7
13.1
13.7
14.3
14.7
2.1
2.3
2.3
2.3
2.3
2.3
2.1
Indirect business tax and nontax
accruals
45.7
49.2
47.7
48.7
49.8
50.6
51.7
52.6
Contributions for social insurance. _.
4.5
4.9
4.7
4.8
4.9
5.0
5.2
5.3
11.2
14.8
13.8
14.6
15.3
15.6
15.6
15.4
73.9
81.8
78.8
80.6
82.7
84.9
88.3
90.8
Corporate profits tax accruals
Federal grants-in-aid .
State and local government expenditures .
Purchases of goods and services
Transfer payments to persons .
15.1
69.6
77.2
74.3
76.2
78.1
80.2
83.3
85.6
6.9
7.5
7.3
7.3
7.6
7.8
8.1
8.3
5
3
.4
.3
.3
3
.2
.2
3.1
3.3
3.2
3.3
3.3
3.4
3.4
3. 3
Surplus or deficit ( —), national
income and product accounts
1.2
2.9
2.4
2.9
3.3
3.0
1.0
101.8 119.5 114.1 117.0 118.7 128.2
27.2
127.7
29.2
34.6
38.8
Undistributed corporate profits
25 A 27.8 27 8 27 6 27 8
Corporate inventory valuation adjustment
.
-1.7 -1.6 -2.6 -2.3 -2.2
Corporate capital consumption
allowances.
36.5 39.0 38.3 38.7 39.2
Noncorporate capital consumption
23.4 24.5 24.1 24.4 24.7
allowances ..-
28.2
24.2
.7
-.8
-.6
29.8
26.6
28.7
Wage accruals less disbursements
.0
.0
.0
.0
.0
Government surplus or deficit (— ),
national income and product
accounts
2.7
3.2
4 6
6.1
2 6
1.4
1.2
.3
2.9
2.2
2.4
3.2
2.9
Federal
State and local
Gross investment
. .
37.1
39.8
40.3
40.9
24.9
25.2
25.5
.0
.0
.0
Durable goods
Services.
'
- - - - - - -
-.7 -3.3 -11.9
3.3 3.0
1.0
112.9
108.2
Gross private domestic investment-. 107.4 118.0 115.2 118.5 116.4 122.2
4.1
2.2
2.7
2.5
1.8
1.8
110.4
2.5
106.1
2.1
-2.0 -2.6
-.9 -2.2 -3.2 -3.8
110.9 113.9 112.5 113.5 114.4 115.3 116.0 116.7
105.0 107.3 106.2 107.0 107.6 108.5 108.8
102.4 103.1 102.0 102.8 103.2 104.5 104.9
106.9 110.4 109.3 110.1 110.9 111.5 111.5
.. 118.3 122.1 120.4 121.4 122.6 123.8 124.9
115.5 120.1 117.8 119.6 121.2 122.0 122.6
Addendum:
Gross auto product
Gross national product
Private
Business
Nonfarm
Farm
Households and institutions
General government
Preliminary.
—.3 -10.8
111.5 120.2 117.8 121.0 118.1 124.0
Net foreign investment
http://fraser.stlouisfed.org/
Statistical discrepancy
Federal Reserve Bank of St. Louis
.. .
99.9
98.2
97.8
98.1
98.0
99.0
98.8
Table 18.—Implicit Price Deflators for Gross National Product by
Sector (8.4)
Table 15.—Sources and Uses of Gross Saving (5.1)
Personal saving
Gross national product
Goods output
Structures
Net interest paid
Less: Current surplus of government
enterprises
Gross private saving
Table 17.—Implicit Price Deflators for Gross National Product by
Major Type of Product (8.2)
-4.0
110.9 113.9 112.5 113.5 114.4 115.3 116.0 116.7
108.9 111.6 110.2 111.2 112.0 112.9 113.5
108 3 111 0 109 6 110 6 111 4 112 3 112 9
108.7 111.0 109.5 110.5 111.4 112.5 113.4
100.0 110.7 112.4 112.9 110.8 106.7 99.3
132.3 137.0
133.5 139.2 137.4 138.1 140.0 141.0 142.3
U.S. National Income and Product Accounts. 1068-66
_L HE complete set of national income
and product tables for the 1963-66 period is presented on pages 13-44.- As is
usually the practice each July, estimates
for the 3 most recent years have been
revised on the basis of new information.
The estimates for 1963 have not been
changed.
The series published in this issue
update the previous estimates for 196466 by incorporating a wide range of new
and revised statistics from various
Government agencies and other organizations. The most important of the
new data are: Internal Revenue Service
statistics, which provide the basis for
estimating business profits for 1964 and
1965; State unemployment insurance
payroll statistics, which provide new
information for the wage and salary estimates for 1966; the 1964 and 1965
Annual Surveys of Manufactures, which
have been used mainly to adjust the
estimates of producers7 durable equipment; new Census data on business
inventories, which constitute the principal source of the estimates of book
value change in nonfarm business inventories for 1964-66; the fiscal 1968
budget and other Federal Government
financial reports, which affect the Federal Government components of the
national accounts; and Census statistics
on the finances of local governments
for fiscal year 1965 and of State governments for fiscal year 1966, which provide
basic data for the State and local government components of the national
accounts.
The revised quarterly estimates reflect changes resulting from the new
annual totals, more comprehensive
quarterly source data, and the updating
of seasonal adjustments. All table numbers and titles are the same in this
report as in the statistical supplement
that carries the historical series.
Size of revisions
Although the impact of the revisions
on major components of the national
income and product estimates is quite
varied, the broad economic pattern revealed by the new figures is essentially
the same as that depicted by the old.
On balance, the latest revisions raised
the national income and product estimates slightly for each year. The revised figures for GNP are higher than
the previous estimates by one-tenth of 1
percent for 1964 and by about one-half
of 1 percent for 1965 and 1966, with
corresponding changes in GNP in
constant (1958) dollars. For national
income, the revision amounted to about
one-fourth of 1 percent for 1964,
one-half of 1 percent for 1965, and 1
percent for 1966. Personal income was
adjusted upward by about one-fourth of
1 percent for 1964 and by one-half of 1
percent for 1965 and 1966. The following table summarizes the differences be-
tween the revised and the previously
published estimates.
Expansion of tables
A few of the tables have been expanded to show additional information.
Gross corporate product, table 1.14, now
includes estimates of constant dollar
output and unit costs for nonfinancial
corporations; the new series were introduced in the May 1967 SURVEY.
Personal income and its disposition,
table 2.1, now includes estimates of per
capita disposable personal income, in
current and constant dollars. Contributions for social insurance, table 3.8,
and Government transfer payments to
persons, table 3.9, have been amended
to show medicare hospital and medical
insurance contributions and benefits,
which went into effect in 1966.
NATIONAL income and product tables for earlier
years, with data starting in 1929 in most cases, are
published in The National Income and Product
Accounts of the United States, 1929 -1965, Statistical
Tables. This supplement to the SURVEY is available
from the U.S. Department of Commerce Field
Offices or from the Superintendent of Documents,
U.S. Government Printing Office, Washington, D.C.
20402, at $1 per copy.
GNP, National Income, and Personal Income
[Billions of dollars]
Year
1964
1965
1966.
1967
revision
- - --
632.4
683.9
743.3
Previously
published
631.7
681.2
739.6
Personal income
National income
GNP
Difference
0.7
2.7
3.7
1967
revision
518.1
562.4
616.7
Previously
published
Difference
517.3
559.0
610.1
1967
revision
Previously
published
Difference
0.8
3.4
6.6
497.5
537.8
584.0
496.0
535.1
580.4
1.5
2.7
3.6
0.8
2.6
3.2
32.0
40.3
46.2
30.5
39.1
45.3
1.5
1.2
.9
Year-to-year changes
1964
1965- .
1966
-
41.9
51.5
59.4
41.2
49.5
58.4
0.7
2.0
1.0
36.2
44.3
54.3
35.4
41.7
51.1
10
SURVEY OF CURRENT BUSINESS
Juiy
i967
Table A.—-Summary National Income and Product Accounts, 19661
[Billions of dollars]
1.—National Income and Product Account
Line
1
3
4
5
6
7
Line
Compensation of employees
435. 7
24
Wages and salaries
394. 6
Disbursements (2—7)
394 6
0
Wage accruals less disbursements (5—4)
Supplements to wages and salaries
41. 1
Employer contributions for social insurance (3—
20.3
14)
Other labor income (2—8)
20 8
25
26
27
28
8 Proprietors' income (2—9)
59 3
9
Rental income of persons (2—10)
19. 4
29
30
31
32
33
Corporate profits and inventory valuation adjustment
82 2
34
83.8
34.5
49 3
21. 5
27.8
— 1. 6
35
20.2
39
40
41
42
10
11
1?,
13
14
15
16
17
18
Profits before tax
Profits tax liability (3-11). _ _ _ _ _ _
Profits after tax
Dividends (2-11)
Undistributed profits (5—5)
Inventory valuation adjustment (5—6)
_ ___ _
Net interest (2-13)
616 7
NATIONAL INCOME
36
37
38
465. 9
Personal consumption expenditures (2—3) _
Durable goods _
Nondurable goods
Services
70.3
_
207.5
188. 1
118.0
Gross private domestic investment (5-1)
Fixed investment
_
__ Nonresidential
_
__
__ _
Structures __ _ _ _ _
_
Producers' durable equipment
Residential structures _ _
Change in business inventories
.__
13.4
5.1
Net exports of goods and services
Exports (4-1)
Imports (4—2)
Government purchases of goods and services (3-1) _
Federal
_ _ _ _ _
National defense
Other
State and local
_
104.6
80.2
27.9
52. 3
24 4
.__
43.0
37.9
._.
154.3
.__
.__
77.0
60.5
16.5
77.2
_
743.3
19
20
21
2.7
Business transfer payments (2—17)
Indirect business tax and nontax liability (3—12)
65. 1
Less: Subsidies less current surplus of government enter2.2
prises (3—6)
22 Capital consumption allowances (5—7)
63.5
23 Statistical discrepancy (5—9)
-2.6
CHARGES AGAINST GROSS NATIONAL
PRODUCT
GROSS NATIONAL PRODUCT
743.3
2.—Personal Income and Outlay Account
1
Personal tax and nontax payments (3-10)
2
Personal outlays
3
Personal consumption expenditures (1-24)
4
Interest paid by consumers (2-15)
5
Personal transfer payments to foreigners (net) (4-4) _ _
6
Personal saving (5-3)
7
Wage and salary disbursements (l-3)_
479.0
8
Other labor income (1-7)
20.8
465.9
9
Proprietors' income (1-8)
59. 3
12.4
10
Rental income of persons (1-9)
19.4
.6
29.8
PERSONAL TAXES, OUTLAYS, AND SAVING
584.0
11 Dividends (1-14)
21. 5
12 Personal interest income
13
Net interest (1-17)
14
Net interest paid by government (3-5) _
15
Interest paid by consumers (2-4)
42.4
20.2
9.9
12.4
16 Transfer payments to persons,
17
From business (1-19)
18
From government (3-3)__
43.9
2.7
41.2
19 Less: Personal contributions for social insurance (3-15).
17.9
PERSONAL INCOME
1. Numbers in parentheses indicate accounts and items of counter-entry in the accounts.
394. 6
75.2
584.0
SURVEY OF CURRENT BUSINESS
July 1967
11
[Billions of dollars]
3.—Government Receipts and Expenditures Account
Line
Line
1 Purchases of goods and services (1-38)
154.3
10 Personal tax and nontax payments (2-1)
75. 2
2 Transfer payments
43. 5
11 Corporate profits tax liability (1-12)
34.5
3
4
41.2
2.3
12 Indirect business tax and nontax liability (1-20)
65.1
13 Contributions for social insurance
38. 2
To persons (2-18)
To foreigners (net) (4-3)
5 Net interest paid (2-14).
9.9
6 Subsidies less current surplus of government enterprises
(1-21) ___________________________________________
2.2
14
15
Employer (1-6)
Personal (2-19)
20. 3
17.9
7 Surplus or deficit ( — ), national income and product
accounts (5-8) ____________________________________ 3.2
Federal
State and local
.3
2.9
GOVERNMENT EXPENDITURES AND SURPLUS
213.0
GOVERNMENT RECEIPTS
213.0
4.—Foreign Transactions Account
1 Exports of goods and services (1-36)
43.0
2 Imports of goods and services (1-37)
3 Transfer payments from U.S. Government to foreigners
(net) (3-4)
,
4 Personal transfer payments to foreigners (net) (2-5)
5 Net foreign investment (5-2)
RECEIPTS FROM FOREIGNERS
43.0
PAYMENTS TO FOREIGNERS
37.9
2.3
.6
2.2
43.0
5.—Gross Saving and Investment Account
1
Gross private domestic investment (1-28)
2 x Net foreign investment (4-5)
118.0
2.2
3 Personal saving (2-6)
4 Wage accruals less disbursements (1-4)
5
Undistributed corporate profits (1-15)
6 Corporate inventory valuation adjustment (1-16)
7 Capital consumption allowances (1-22)
8
Government surplus or deficit (—), national income
and product accounts (3-7)
9 Statistical discrepancy (1-23)
GROSS INVESTMENT
120.2
.0
27. 8
—1.6
63. 5
3.2
—2.6
GROSS SAVING AND STATISTICAL DISCREPANCY
120.2
1. Numbers in parentheses indicate accounts and items of counter-entry in the accounts.
29.8
SUKVEY OF CUEEENT BUSINESS
12
July 1967
'., L ^
THE NATIONAL INCOME AND PRODUCT ACCOUNTS - 1966
Relation of the Four Major Measures of Production and Income Flows
• GROSS NATIONAL PRODUCT is the market value of the output of goods and
services produced by the Nation's economy
9
NATIONAL INCOME is the total earnings of labor and property from the production of goods and services
• PERSONAL INCOME is the total income received by persons from all sources
DISPOSABLE PERSONAL INCOME is the income remaining to persons after payment of personal taxes
0
GROSS
NATIONAL
PRODUCT
$743 Bil.
Less
$127 Bil.
Investment
$118
Equals
NATIONAL
INCOME
$617 Bil.
Net Exports
$5
Rental Income
& Net Interest
$40
Equals
PERSONAL
INCOME
$584 Bil.
Equals
DISPOSABLE
PERSONAL
INCOME
$509 Bil.
Corporate
Profits
$82
Undistributed Corporate
Profits, Corporate Profits
Taxes, and Social
Security Taxes
U.S. Department of Commerce, Office of Business Economics
Transfer Payments
to Persons and
Consumer and
Gov't Interest
Personal
Saving
$30
July i%7
13
SURVEY OF CURRENT BUSINESS
1. Gross National Product and National Income
Table 1.1.—Gross National Product
1963
1964
1965
I
III
II
IV
Millions of dollars
I
III
II
1966
1965
1964
1963
1966
I
IV
II
III
IV
I
II
III
IV
Billions of dollars, seasonally adjusted at annual rates
Gross national product - 590, 503 632,410 683,873 743,288
577.4
584.2
594.7
605.8
617.7
628.0
638.9
645.1
662.7
675.4
690.0
708.4
725.9
736.7
748.8
762.1
Personal consumption expenditures
_ 374, 982 401,221 433, 102 465,946
368.2
372.0
378.3
381.5
391.7
397.6
406.6
408.9
420.2
428.1
436.4
447.8
458.2
461.6
470.1
473.8
68.6
198.0
181.2
71.6
203.2
183.5
68.2
207.1
186.3
70.9
209.5
189.8
70.6
210.3
192.9
Durable goods
Nondurable goods
Services.. ._
53, 928 59, 237 66, 016 70, 324
168, 632 178, 683 191,192 207, 501
152, 422 163, 301 175, 894 188, 121
Gross private domestic investment
Fixed investment
52.4
167.1
148.7
53.2
168.0
150.8
54.5
169.9
153.9
55.6
169.6
156.3
57.9
174.6
159.2
59.6
175.9
162.1
60.7
181.3
164.6
58.7
182.9
167.3
65.2
184.6
170.4
64.2
189.8
174.2
66.1
192.4
177.8
108.2
87, 140
94, 032 107, 423 117,981
82.7
85.1
88.0
92.9
90.8
93.4
94.2
97.9
105.1
105.1
112.3
115.2
118.5
116.4
122.2
81, 274
88, 197
98, 018 104, 593
78.1
80.3
82.0
84.7
86.0
87.2
89.4
90.2
94.4
96.3
98.8
102.4
105.3
104.5
104.9
103.7
54, 284
19, 469
61,071
21, 178
71, 054
25, 091
80, 219
27, 905
52.0
18.8
53.5
19.7
55.0
19.4
56.8
19.9
58.3
20.4
60.1
21.1
62.4
21.4
63.4
21.8
67.3
23.1
69.3
24.7
71.9
25.1
75.7
27.3
78.3
28.3
78,7
27.5
81.2
28.2
82.8
27.7
Nonresidential .
Structures ._ - Producers' durable
equipment
34, 815
39, 893
45, 963
52. 314
33.2
33.8
35.5
36.8
37.9
39.0
41.0
41.6
44.1
44.6
46.8
48.3
50.0
51.2
53.1
55.1
Residential structures
Nonfarm
Farm
_ ..
26, 990
26, 411
579
27, 126
26, 588
538
26, 964
26, 444
520
24, 374
23, 841
533
26.1
25.5
.6
26.8
26.2
.6
27.1
26.5
.6
28.0
27 4
.6
27.6
27 1
.6
27.1
26 6
.5
27.0
26 5
.5
26.8
26 3
.5
27.2
26 6
.5
27.0
26 5
.5
26.9
26 4
.5
26.8
26 2
.5
27.0
26 5
.5
25.8
25 3
.5
23.7
23.2
.5
20.9
20.4
.5
5,866
5,081
785
5,835
6,429
-594
9,405
8,400
1,005
13, 388
13, 665
-277
4.7
4.0
4.8
4.3
6
6.0
5.3
7
8.1
7.0
12
4.8
5.2
— 4
6.1
7.0
— 9
4.8
5.6
— 8
7.7
8.1
— 4
10.6
10.1
5
8.8
7.9
9
9.4
7.9
14
9.9
8.7
12
9.9
9.6
3
14.0
14.4
— 3
11.4
12.0
— 5
18.5
19.0
— 5
5,897
8,462
6,944
5,102
4.6
6.2
5.6
7.1
8.9
7.8
8.7
8.5
6.1
8.2
7.4
6.1
6.1
5.4
4.6
4.3
32, 339
26, 442
37, 099
28, 637
39, 147
32, 203
43, 039
37, 937
30.1
25.5
32.4
26.2
32.5
26.9
34.3
27.1
36.5
27.6
36.1
28.3
37.5
28.8
38.3
29.8
35.1
28.9
40.7
32.6
40.3
32.9
40.5
34.4
42.0
36.0
42.5
37.1
43.7
39.0
44.0
39.7
Change in business inventories
Nonfarm
Farm.. .
Net exports of goods and services.
Exports
Imports
.
Government purchases of goods
and services
122, 484 128, 695 136,404 154,259
Federal
National defense
Other
State and local
_
121.9
131.3
133.9
138.1
146.5
151.2
64, 244
50, 760
13, 484
65, 166
49, 992
15, 174
66, 773
50, 080
16, 693
77, 034
60, 498
16, 536
65.0
51.2
13.8
63.4
50.5
12.9
64.2
51.0
13.2
64.4
50.3
14.1
65.0
50.5
14.5
66.0
50.7
15.3
65.2
49.8
15.4
64.5
48.9
15.5
64.3
48.4
15.9
65.4
49.2
16.2
67.6
50.3
17.3
69.8
52.4
17.4
72.1
55.1
17.1
74.9
58.4
16.6
79.5
63.0
16.6
81.5
65.6
15.9
58, 240
63, 529
69, 631
77, 225
56.9
57.5
58.7
59.8
61.4
63.2
64.3
65.3
66.9
68.6
70.4
72.5
74.3
76.2
78.1
80.2
120.9
122.9
124.3
126.4
129.2
129.4
129.8
142.3
157.7
161.7
Table 1.2.—Gross National Product in Constant Dollars
[Billions of 1958 dollars]
1963
1963
1964
1965
1966
I
II
1964
III
IV
I
II
1966
1965
III
IV
I
II
III
IV
I
II
III
IV
Seasonally adjusted at annual rates
Gross national product
551.0
581.1
616.7
652.6
541.2
546.0
554.7
562.1
571.1
578.6
585.8
588.5
601.5
609.7
620.7
634.4
645.4
649.3
654.8
661.1
Personal consumption
expenditures
353.3
373.7
398.4
418.0
348.5
350.9
356.1
357.7
366.3
370.7
378.6
379.3
389.1
394.1
400.7
409.9
416.2
415.2
420.4
420.4
Durable goods .
Nondurable goods
Services
53.7
162.2
137.4
59.0
170.3
144.4
66.4
178.9
153.2
71.3
187.7
159.1
52.2
161.3
135.0
53.0
161.7
136.2
54.4
163.3
138.4
55.3
162.4
140.0
57.6
167.0
141.7
59.3
167.8
143.6
60.4
172.8
145.3
58.7
173.5
147.1
65.0
174.7
149.4
64.1
178.0
152.0
66.8
179.3
154.6
69.5
183.6
156.8
73.0
185.8
157.3
69.3
187.7
158.2
71.9
188.8
159.8
71.1
188.4
160.9
Gross private domestic
investment . _
82.5
87.8
98.0
78.7
80.6
83.1
87.7
85.3
87.3
87.6
90.8
95.9
95.9
98.3
101.6
104.0
106.5
103.6
108.4
76.7
81.9
89.1
93.0
74.1
75.9
77.2
79.7
80.5
81.2
82.8
83.2
86.6
87.9
89.6
92.4
94.5
93.1
93.0
91.2
51.9
17.9
57.8
19.1
66.0
21.9
72.8
23.6
49.8
17.3
51.1
18.1
52.5
17.8
54.3
18.3
55.5
18.6
57.0
19.0
58.9
19.2
59.7
19.5
62.9
20.4
64.5
21.7
66.7
21.8
69.7
23.6
71.8
24.2
71.7
23.4
73.6
23.7
74.2
23.0
34.0
38.7
44.1
49.2
32.5
33.1
34.7
35.9
36.9
37.9
39.8
40.3
42.5
42.8
44.9
46.2
47.5
48.3
49.9
51.2
24.8
24.2
.5
24.2
23.7
.5
23.2
22.7
.5
20.2
19.7
.5
24.3
23.7
.5
24.7
24.2
.5
24.7
24.2
.5
25.4
24.9
.5
25.0
24.5
.5
24.3
23.8
.5
23.9
23.4
.5
23.5
23.0
.5
23.7
23.2
.5
23.4
22.9
.5
23.0
22.5
.5
22.6
22.2
.5
22.8
22.3
.5
21.4
21.0
.5
19.4
19.0
.5
17.0
16.5
.5
5.8
5.1
.8
5.8
6.4
-.6
8.8
7.9
.9
12.6
12.9
-.3
4.6
3.9
.7
4.8
4.2
.5
5.9
5.3
.6
8.1
6.9
1.2
4.8
5.1
-.3
6.1
6.9
-.8
4.8
5.5
-.7
7.6
8.0
-.4
9.3
8.8
.5
8.0
7.2
.9
8.7
7.4
1.3
9.2
8.1
1.1
9.5
9.2
.2
13.4
13.7
-.3
10.6
11.1
-.5
17.2
17.7
-.5
Fixed investment
Nonresidential
Structures
Producers' durable
equipment
__
Residential structures
Nonfarm
Farm
Change in business
inventories
Nonfarm
.
Farm.
Net exports of goods and
services
Exports
Imports
Government purchases of
goods and services
Federal
State and local
105.6
5.6
8.3
6.0
4.4
3.9
5.7
5.5
7.1
9.1
8.0
8.4
7.9
5.2
6.8
6.4
5.6
5.4
4.8
4.1
3.2
32.1
26.6
36.5
28.2
37.5
31.5
40.8
36.4
29.8
25.9
32.2
26.5
32.5
26.9
34.1
27.0
36.3
27.2
35.8
27.9
36.8
28.5
37.2
29.3
33.5
28.4
38.9
32.1
38.5
32.1
38.9
33.3
40.3
34.9
40.4
35.6
41.4
37.3
41.2
38.0
111.2
114.3
111.2
110.5
111.3
58.1
53.2
57.8
56.4
57.8
53.5
56.7
53.8
56.3
55.0
109.6
59.5
50.1
124.5
64.7
59.9
110.2
60.8
49.4
108.7
59.0
49.7
110.0
59.6
50.4
109.5
58.7
50.9
110.4
58.5
51.9
112.6
59.3
53.3
112.9
57.1
55.8
115.3
58.5
56.7
117.4
59.3
58.0
119.9
61.2
58.7
122.7
63.4
59.4
126.6
66.4
60.1
129.1
67.8
61.3
14
SUEVEY OF CUEEENT BUSINESS
July 1967
Table 1.3.—Gross National Product by Major Type of Product
[Billions of dollarsl
1963
1963
1964
1965
1966
I
II
1964
III
I
IV
1966
1965
II
III
IV
I
II
III
I
IV
II
III
IV
Seasonally adjusted at annual rates
Gross national product
590.5
632.4
683.9
743.3
577.4
584.2
594.7
605.8
617.7
628.0
638.9
645.1
662.7
675.4
690.0
708.4
725.9
736.7
748.8
762.1
Final sales .
Change in business inventories
584.6
626.6
674.5
729.9
572.7
579.4
588.8
597.7
612.9
621.9
634.1
637.4
652.0
666.5
680.6
698.5
716.0
722.6
737.4
743.6
.18.5
5.9
9.4
13.4
4.7
4.8
6.0
8.1
4.8
4.8
7.7
10.6
8.8
9.4
9.9
9.9
14.0
11.4
298.6
319.4
346.6
379.6
292.5
294.9
300.7
306.2
312.1
316.8
323.3
325.6
336.5
341.7
349.6
359.8
369.5
375.7
381.8
391.7
Final sales __ .
Change in business inventories
292.7
313.6
337.2
366.2
287.8
290.1
294.7
298.1
307.3
310.7
318.5
317.9
325.9
332.8
340.2
349.9
359.6
361.7
370.3
373.2
5.9
5.8
9.4
13.4
4.7
4.8
6.0
8.1
4.8
6.1
4.8
7.7
10.6
8.8
9.4
9.9
9.9
14.0
11.4
18.5
Durable goods _
Final sales
Chance in business inventories. .
116.1
113.3
127.0
122.8
139.5
132.8
154.6
144.7
111.4
109.4
115.0
111.8
116.9
114.7
121.0
117.3
124.0
120.5
127.2
122.7
129.2
124.9
127.8
123.3
138.2
129.6
137.0
130.0
140.9
133.9
142.9
137.9
150.5
143.2
151.4
141.6
155.7
145.8
161.1
148.3
2.8
4.2
6.7
9.9
2.0
3.2
2.3
3.8
3.5
4.5
4.2
4.5
8.7
7.0
7.1
5.0
7.4
9.7
9.9
12.8
Nondurable goods.
Final sales
Change in business inventories
182.5
179.4
192.4
190.7
207.1
204.4
225.0
221.5
181.1
178.4
179.9
178.3
183.8
180.1
185.2
180.8
188.1
186.8
189.6
188.0
194.1
193.5
197.9
194.7
198.3
196.3
204.7
202.9
208.7
206.3
216.9
212.0
219.0
216.4
224.4
220.1
226.1
224.5
230.6
224.9
2.7
1.6
3.7
4.4
1.3
1.6
.6
3.2
2.0
1.8
2.3
4.9
2.5
4.3
1.5
5.7
246.5
250.1
254.6
260.1
266.0
271.0
276.6
283.5
291.6
296.9
69.2
69.3
71.6
73.6
74.4
77.6
79.9
77.4
75.5
73.5
Goods output
5.8
6.1
3.1
1.6
2.7
3.5
Services .
226.2
244.2
262.9
287.2
220.9
223.8
228.1
232.2
237.9
242.4
Structures
65.7
68.8
74.4
76.5
64.0
65.5
65.9
67.4
67.8
68.8
Table 1.4.—Gross National Product by Major Type of Product and
Purchaser
Table 1.6.—Gross National Product by Major Type of Product and
Purchaser in Constant Dollars
[Billions of dollars]
[Billions of 1958 dollars]
Gross national product
1963
1964
1965
1966
Gross national product
590.5
632.4
683.9
743.3
Durable goods _ . _
Personal consumption expenditures
Producers' durable equipment- _
Government purchases
Net exports
Change in business inventories. ..
116.1
53.9
34.8
20.8
3.8
2.8
127.0
59 2
39.' 9
18.9
4.8
4.2
139.5
66.0
46.0
17.5
3.4
6.7
154.6
70.3
52.3
20.1
2.0
9.9
Durable goods
- - Personal consumption expenditures
Producers' durable equipment
Government purchases
Net exports
_ _ ._
-Change in business inventories
Nondurable goods
Personnal consumption expenditures
Government purchases
Net exports
Change in business inventories
182.5
168.6
9.5
1.3
3.1
192.4
178.7
10.2
1.9
1.6
207.1
191.2
11.7
1.4
2.7
225.0
207.5
12.3
1.7
3.5
Nondurable goods
Personal consumption expenditures
Government purchases...
Net exports
Change in business inventories. -
226.2
152.4
73.0
.8
244.2
163.3
79.1
1.8
262.9
175.9
84.8
2.2
287.2
188.1
97.6
1.4
Services
Personal consumption expenditures
Government purchases..- . _ _
Net exports
65.7
46.5
19.3
68.8
48.3
20.5
52.1
22.3
74.4
76.5
52.3
24.2
_ . ___
Services
Personal consumption expenditures
Government purchases
Net exportsStructures
Private structures
Government structures
_ __
Structures
_
Private structures
Government structures
--
- _ _ . . _ _ _ _ _
._
-
.
_ - _ _ _ .
1963
1964
1965
551.0
581.1
616.7
652.6
114.2
53.7
34.0
20.3
3.3
2.8
124.6
59.0
38.7
18.3
4.4
4.1
136.3
66.4
44.1
16.8
2.6
6.5
150.0
71.3
49.2
18.8
1.3
9.3
175.6
162.2
9.5
.8
3.1
184.1
170.3
10.6
1.5
1.7
193.7
178.9
11.9
.7
2.3
203.7
187.7
11.8
1.0
3.3
200.9
137.4
61.9
1.5
210.8
144.4
63.9
2.4
222.3
153.2
66.3
2.8
235.2
159.1
74.0
2.2
60.4
42.7
17.8
61.6
43.2
18.4
64.4
45.0
19.3
63.7
43.7
20.0
-
1966
Table 1.5.—Gross National Product by Major Type of Product in Constant Dollars
[Billions of 1958 dollars]
1963
1964
1965
1966
I
II
III
IV
I
II
1966
1965
1964
1963
III
IV
I
II
III
IV
I
II
III
IV
Seasonally adjusted at annual rates
Gross national product
551.0
581.1
616.7
652.6
541.2
546.0
554.7
562.1
571.1
578.6
585.8
588.5
601.5
609.7
620.7
634.4
645.4
649.3
654.8
661.1
Final sales.
Change in business inventories
545.2
575.2
607.8
639.9
536.7
541.2
548.8
554.1
566.3
572.5
581.0
580.9
592.2
601.7
612.0
625.2
636.0
635.9
644.2
643.9
5.8
5.8
8.8
12.6
4.6
4.8
5.9
8.1
4.8
6.1
4.8
7.6
9.3
8.0
8.7
9.2
9.5
13.4
10.6
289.7
308.6
330.0
353.7
284.3
286.1
291.9
296.6
302.3
306.5
312.3
313.4
321.7
324.9
332.2
341.2
347.9
351.0
354.7
361.1
Final sales .
Change in business inventories
283.9
302.8
321.2
341.0
279.8
281.3
286.0
288.6
297.5
300.5
307.5
305.7
312.4
316.8
323.5
332.0
338.5
337.6
344.1
343.9
5.8
5.8
8.8
12.6
4.6
4.8
5.9
8.1
4.8
6.1
4.8
7.6
9.3
8.0
8.7
9.2
9.5
13.4
10.6
17.2
Durable goods
Final sales
Change in business inventories
114.2
111.4
124.6
120.4
136. 3
129.8
150.0
140.6
109.6
107.7
113.0
109.8
115.2
112.9
119.0
115.3
121.7
118.3
124.9
120.5
126.6
122.5
125.0
120.6
134.4
126.3
133.1
126.5
137.7
131.1
139.9
135.2
147.5
140.5
147.3
138.0
150.8
141.6
154.2
142.3
2.8
4.1
6.5
9.3
1.9
3.2
2.3
3.7
3.4
4.4
4.1
4.4
8.1
6.6
6.6
4.7
7.0
9.3
9.2
11.9
203.9
202.5
206.9
201.6
Goods output
Nondurable goods
Final sales
Change in business inventories
Services
Structures _ _
175.6
172.5
184.1
182.3
193.7
191.4
203.7
200.4
174.7
172.1
173.1
171.5
176.7
173.1
177.6
173.3
180.6
179.2
181.6
180.0
185.7
185.0
188.3
185.1
187.4
186.1
191.7
190.3
194.5
192.4
201.3
196.8
200.4
198.0
203.7
199.7
17.2
3.1
1.7
2.3
3.3
2.6
1.6
3.7
4.4
1.3
1.6
.7
3.2
1.3
1.4
2.1
4.5
2.4
4.1
1.4
5.3
200.9
210.8
222.3
235.2
197.4
199.3
202.6
204.1
207.3
210.0
212.0
213.9
216.9
220.8
224.5
226.9
229.7
233.5
237.9
239.8
60.4
61.6
64.4
63.7
59.5
60.5
60.3
61.4
61.5
62.1
61.5
61.3
62.9
64.0
64.0
66.3
67.8
64.7
62.2
60.2
SURVEY OF CURRENT BUSINESS
July 1967
15
Table 1.7.—Cross National Product by Sector
[Billions of dollars]
1964
1963
1963
1964
1965
I
1966
II
III
IV
I
II
19()6
1965
III
IV
I
II
III
IV
I
II
III
IV
Se£isonally adjuste d at an mal rat es
Gross national product
Private
Business
Nonfarm
Farm
Households and institutions..
Rest of the world.
General government -
590.5
632.4
683.9
743.3
577.4
584.2
594.7
605.8
617.7
628.0
638.9
645.1
662.7
675.4
690.0
708.4
725.9
736.7
748.8
762.1
532.4
569.4
616.1
666.7
520.6
526.7
536.5
545.9
556.4
565.7
575.2
580.3
597.3
608.8
621.6
637.5
653.0
661.5
670.6
681.9
513.0
491.5
21.5
548.2
527.6
20.6
593.4
569.8
23.6
642.4
617.6
24.8
501.3
479.4
21.9
507.5
485.9
21.6
516.9
495.5
21.5
526.5
505.2
21.3
535.7
514.9
20.7
544.2
523.7
20.5
553.9
533.6
20.3
559.0
538.1
20.9
575.3
553.1
22.2
586.1
562.2
23.9
598.7
574.6
24.1
614.6
590.3
24.2
629.4
603.3
26.0
637.6
612.8
24.8
646.2
621.6
24.6
656.9
633.0
23.9
16.0
3.4
17.3
4.0
18.5
4.2
20.1
4.2
15.8
3.5
15.9
3.3
16.2
3.3
16.0
3.3
16.8
3.9
17.6
3.9
17.4
4.0
17.2
4.0
17.6
4.3
18.3
4.5
18.9
4.1
19.2
3.8
19.7
3.9
19.7
4.2
20.3
4.1
20.6
4.4
58.1
63.0
67.8
76.6
56.8
57.5
58.3
59.9
61.3
62.3
63.7
64.7
65.4
66.5
68.4
70.9
72.9
75.1
78.2
80.2
Table 1.8.—Gross National Product by Sector in Constant Dollars
[Billions of 1958 dollars]
1964
1963
1963
1964
1965
I
1966
II
III
IV
I
III
II
1966
1965
IV
II
I
III
IV
I
II
III
IV
Seasonally adjusted at annual rates
Gross national product
Private
Business . . _
Nonfarm
Farm-
. _
Households and institutions . _
Rest of the world
General government..
551.0
581.1
616.7
652.6
541.2
546.0
554.7
562.1
571.1
578.6
585.8
588.5
601.5
609.7
620.7
634.4
645.4
649.3
654.8
661.1
503.2
532.0
565.9
597.5
494.0
498.3
506.6
513.9
522.6
529.6
536.5
538.9
551.7
559.4
569.7
582.5
592.3
594.8
599.0
604.2
486.6
463.8
22.8
514.4
492.1
22.3
547.8
524.2
23.6
578.9
556.4
22.4
477.2
454.3
22.9
481.8
458.7
23.1
489.9
467.4
22.5
497.4
474.8
22.6
505.4
483.3
22.1
511.9
489.6
22.3
518.9
496.5
22.4
521.3
498.7
22.7
534.1
510.7
23.4
541.2
517.1
24.0
551.4
527.7
23.7
564.3
541.0
23.3
574.0
550.8
23.2
576.3
554.4
22.0
580.2
558.0
22.2
585.1
562.7
22.4
13.2
3.4
13.7
3.9
14.0
4.1
14.7
4.0
13.2
3.6
13.2
3.3
13.4
3.3
13.2
3.4
13.4
3.9
13.9
3.8
13.7
3.9
13.6
4.0
13.4
4.3
13.8
4.4
14.2
4.0
14.4
3.7
14.6
3.8
14.4
4.1
14.8
4.0
14.9
4.3
47.8
49.1
50.8
55.0
47.3
47.7
48.1
48.2
48.5
48.9
49.2
49.6
49.8
50.3
51.1
51.9
53.1
54.4
55.8
56.9
Table 1.9.—Relation of Gross National Product, National Income, and Personal Income
1964
1963
1965
1964
1963
1966
I
II
III
IV
Millions of dollars
Equals: Net national product
Less: Indirect business tax and
nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current
surplus of government
enterprises
Equals: National income
Less: Corporate profits and inventory valuation
adjustment
Contributions for social
insurance.-Wage accruals less
disbursements
Plus: Government transfer
payments to persons
Interest paid by government (net) and by
consumers - Dividends
Business transfer
payments
Equals: Personal income
56,080
II
III
IV
I
II
III
IV
I
II
III
IV
725.9
736.7
748.8
762.1
Billions of dollars, seasonally adjusted at annual rates
Gross national product- . _ _ . _ .590,503 632,410 683,873 743,288
Less: Capital consumption
allowances
I
1966
1965
577.4
584.2
594.7
605.8
617.7
628.0
638.9
645.1
662.7
675.4
690.0
708.4
63,506
51.4
52.4
52.9
53.8
54.8
55.7
56.5
57.3
58.3
59.3
60.5
61.6
62.4
63.1
63.9
64.7
537,902 576,330 623,958 679,782
526.0
531.8
541.9
552.0
562.9
572.3
582.4
587.8
604.4
616.1
629.5
646.8
663.6
673.6
684.9
697.4
65, 110
53.8
54.2
54.9
55.8
56.7
57.9
59.2
59.9
61.8
61.8
62.2
63.1
62.9
64.7
65.9
67.0
2,329
2,489
2,564
2,686
-294 -1,310 -1,951 -2, 585
2.2
.3
2.3
-1.5
2.3
-.5
2.4
.6
2.4
1.1
2.5
-.5
2.5
-2.1
2.6
-3.6
2.6
-3.4
2.6
-2.3
2.6
-.6
2.6
-.5
2.6
-.9
2.7
-2.2
2.7
-3.2
2.8
-3.8
1.3
1.4
1.4
1.3
1.3
1.1
1.2
1.4
2.0
2.7
2.6
634.1
52, 601
54, 692
752
58, 411
1,328
59,915
62, 196
2,158
.9
.7
.7
.8
1.2
481,927 518,068 562,380 616,729
470.6
477.4
485.7
493.9
1,231
504.0
513.7
524.2
530.4
544.9
555.3
566.5
582.8
600.3
610.4
622.1
58,933
66,276
74, 898
82, 196
56.0
58.0
60.3
61.4
64.9
66.2
67.6
66.4
72.6
73.4
74.9
78.7
81.1
81.3
81.9
84.6
26, 868
27, 945
29, 669
38,166
26.3
26.7
27.0
27.4
27.3
27.7
28.2
28.6
29.1
29.4
29.8
30.4
36.6
37.4
38.9
39.8
0
0
0
0
.0
.0
.0
.0
.0
.0
.1
-.1
.0
.0
.0
.0
.0
.0
.0
.0
32, 989
34, 236
37, 155
41, 231
33.5
32.5
32.7
33.2
34.6
33.9
34.1
34.4
36.0
35.3
39.4
37.9
39.7
39.2
41.3
44.7
17, 589
16, 454
19, 079
17, 811
20, 436
19, 792
22, 269
21, 452
17.0
16.0
17.3
16.4
17.8
16.6
18.2
16.8
18.5
17.3
18.8
17.7
19.3
17.9
19.7
18.3
19.9
18.7
20.3
19.4
20.6
20.2
20.9
20.9
21.4
21.4
22.0
21.6
22.4
21.6
23.2
21.2
2,329
2,489
2,564
2,686
2.2
2.3
2.3
2.4
2.4
2.5
2.5
2.6
2.6
2.6
2.6
2.6
2.6
2.7
2.7
2.8
465,487 497,462 537,760 584,005
457.0
461.3
467.8
475.8
484.6
492.7
502.1
510.5
520.3
530.1
544.6
556.1
567.8
577.3
589.3
601.6
SURVEY OF CURRENT BUSINESS
16
July 1967
Table 1.10.—National Income by Type of Income
1963
1964
1965
1964
1963
1966
I
II
III
IV
Millions of dollars
I
II
1965
III
IV
I
II
1966
III
IV
I
II
III
IV
634.1
Billions of dollars, seasonally adjusted at annual rates
National income
481,927 518,068 562,380 616,729
470.6
477.4
485.7
493.9
504.0
513.7
524.2
530.4
544.9
555.3
566.5
582.8
600.3
610.4
622.1
Compensation of employees
341,004 365,720 393,932 435,719
333.6
338.1
343.1
349.2
355.1
362.0
369.9
375.8
381.5
388.6
397.2
408.4
420.8
430.7
441.2
450.2
311, 095 333, 683 359, 052 394, 620
304.5
308.5
313.0
318.5
324.2
330.4
337.5
342.7
347.7
354.2
362.0
372.4
381.3
390.2
399.6
407.4
251, 616 269, 355 289, 788 316, 738
10, 849 11, 692 12, 143 14,669
48,630 52, 636 57, 121 63, 213
246.3
10.5
47.6
249.7
10.6
48.2
253.4
10.7
48.9
257.1
11.6
49.8
261.6
11.6
51.0
266.9
11.6
51.9
272.4
11.7
53.3
276.5
11.9
54.3
280.8
11.8
55.1
286.2
11.7
56.3
292.1
12.1
57.8
300.0 306.9
13.1
13.6
59.4
60.7
313.8
14.2
62.2
320.1
15.1
64.3
326.1
15.8
65.6
41, 099
29.2
29.6
30.1
30.8
31.0
31.6
32.4
33.1
33.8
34.5
35.2
36.0
39.5
40.5
41.6
42.7
Wages and salaries
Private
Military
Government civilian
Supplements to wages and
salaries
Employer contributions for
social insurance. __ _ __
Other labor income
Employer contributions
to private pension and
welfare funds
Other
Proprietors' incomeBusiness and professional
29, 909
32, 037
34, 880
15, 045
15,411
16, 241
20, 298
14.7
15.0
15.2
15.4
15.1
15.3
15.5
15.8
16.0
16.1
16.3
16.6
19.6
20.0
20.6
21.1
14, 864
16, 626
18,639
20, 801
14.5
14.6
15.0
15.4
15.9
16.4
16.9
17.4
17.9
18.4
18.9
19.4
20.0
20.5
21.1
21.7
12, 165
2,699
13, 670
2,956
15, 517
3,122
17, 336
3,465
51,013
52,315
56,682
59,277
50.8
50.7
51.1
51.4
51.3
52.1
52.6
53.3
55.0
56.7
57.2
57.8
60.0
59.3
59.2
58.6
37.5
37.6
38.1
38.5
39.4
40.1
40.6
40.6
41.4
41.7
42.0
42.5
42.8
43.3
43.3
43.4
37, 910
40, 180
41, 921
43, 226
Income of unincorporated
37,944
enterprises
Inventory valuation adjustment
—34
40, 259
42, 291
43, 596
—79
-370
-370
13, 103
12, 135
14,761
16,051
13.4
13.1
13.0
12.9
12.0
12.0
12.0
12.6
13.6
15.0
15.2
15.3
17.1
16.0
15.9
15.1
Rental income of persons
17,139
17,963
18,951
19,374
17.1
17.1
17.1
17.2
17.5
17.8
18.1
18.4
18.6
18.9
19.1
19.2
19.2
19.3
19.4
19.6
Corporate profits and inventory
valuation adjustment.
58,933
66,276
74,898
82,196
56.0
58.0
60.3
61.4
64.9
66.2
67.6
66.4
72.6
73.4
74.9
78.7
81.1
81.3
81.9
84.6
59, 401
66,789
76, 560
83, 832
55.9
58.9
60.1
62.7
65.5
66.3
68.0
67.4
74.0
75.6
75.8
80.8
83.7
83.6
84.0
83.9
26, 324
33, 077
16, 454
16, 623
28, 345
38, 444
17, 811
20, 633
31,358
45, 202
19, 792
25, 410
34, 546
49, 286
21, 452
27,834
24.8
31.1
16.0
15.1
26.1
32.8
16.4
16.4
26.6
33.5
16.6
16.9
27.8
34.9
16.8
18.1
27.8
37.7
17.3
20.4
28.1
38.2
17.7
20.5
28.8
39.1
17.9
21.2
28.6
38.8
18.3
20.5
30.3
43.7
18.7
25.0
30.9
44.6
19.4
25.2
31.1
44.8
20.2
24.6
33.1
47.7
20.9
26.8 .
34.5
49.2
21.4
27.8
34.5
49 2
21.6
27.6
34.6
49.4
21.6
27.8
34.6
49.3
21.2
28.2
Farm
_ __
Profits before tax
Profits tax liability . .
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
.
Net interest
-468
13,838
-513 -1,662 -1,636
15,794
17,917
20,163
.2
-.9
.2
13.0
13.5
14.2
-1.3
14.7
-.6
-.1
-.4
-1.0
15.1
15.5
16.0
16.6
-1.4
17.1
-2.1
-.9
-2.2
-2.6
-2.3
-2.2
.7
17.6
18.2
18.8
19.3
19.8
20.4
21.1
Table 1.11.—National Income by Industry Division
[Billions of dollars]
1963
1964
1965
1966
I
II
1965
1964
1963
III
IV
I
II
III
IV
I
II
1966
III
IV
I
II
III
IV
582.8
600.3
610.4
622.1
634.1
Seasonally adjusted at annual rates
All industries, total- _
481.9
518.1
562.4
470.6
477.4
493.9
504.0
18.6
18.4
17.6
30.6
30.9
145.5
58.0
87.5
148.0
58.8
89.2
19.9
9.7
20.2
10.0
20.5
10.0
10.1
72.3
10.2
72.5
10.5
73.6
65.6
69.3
52.6
52.9
52.9
53.6
84.6
4.2
63.2
3.5
64.0
3.3
616.7
Agriculture, forestry, and fisheries _ _ _ _ _
18.6
18.0
21.0
22.7
18.8
18.5
Mining and construction
30.2
32.4
35.3
38.2
29.2
29.9
143.8
57.5
86.3
155.6
61.9
93.6
171.8
66.3
105.5
192.1
73.2
118.9
139.0
56.1
82.9
142.9
57.1
85.8
Transportation
Communication
20.0
9.8
21.2
10.5
23.1
11.2
24.8
12.4
19.4
9.5
Electric, gas, and sanitary
services. _ _ _ _
Wholesale and retail trade
10.3
73.4
11.0
79.3
11.4
84.2
12.1
90.8
Finance, insurance, and real
estate
Services _ _
53.6
54.1
57.1
59.1
61.3
63.7
Government and government
enter prises _Rest of the world
64.7
3.4
70.0
4.0
75.2
4.2
Manufacturing
Nondurable goods
Durable goods _
485.7
524.2
530.4
544.9
555.3
566.5
17.8
17.8
31.3
32.0
32.6
18.6
19.6
21.2
21.4
21.7
23.7
22.5
22.6
22.0
33.6
34.4
34.8
35.3
36.6
37.9
38.0
38.4
38.7
151.3
60.2
91.1
154.5
61.6
92.9
158.2
62.5
95.7
158.3
63.4
94.9
167.0
64.8
102.2
168.9
65.3
103.6
172.7
66.6
106.0
178.8
68.7
110.1
185.9
71.0
114.9
190.0
72.6
117.4
193.6
73.8
119.8
198.8
75.3
123.5
20.7
10.2
21.0
10.5
21.5
10.5
21.7
10.8
22.0
10.9
22.9
11.0
23.3
11.3
24.3
11.7
24.3
11.8
24.7
12.3
24.7
12.7
25.4
12.7
10.6
75.2
10.7
77.3
10.9
78.6
11.1
80.4
11.3
81.0
11.2
82.3
11.5
83.2
11.4
84.7
11.6
86.6
11.8
89.2
11.9
90.1
12.4
91.1
12.3
92.6
53.8
54.7
54.9
55.4
55.6
57.1
56.6
58.8
57.6
59.8
58.5
60.7
59.5
61.0
60.7
63.0
61.8
64.8
63.2
66.0
63.9
67.0
64.9
68.6
66.2
70.2
67.5
71.3
64.8
3.3
66.7
3.3
68.1
3.9
69.^2
3.9
70.8
4.0
71.9
4.0
72.7
4.3
73.8
4.5
75.8
4.1
78.6
3.8
80.8
3.9
83.0
4.2
86.3
4.1
88.4
4.4
513.7
SUKVEY OF CURKENT BUSINESS
July 1967
17
Table 1.13.—National Income by Sector and Legal Form of
Organization
Table 1.12.—National Income by Industry
[Millions of dollars]
[Millions of dollars]
1963
1964
1965
1966
1963
AH industries, total —
481 927 518, 068 562 380
Agriculture, forestry, and fisheries .
Farms
Agricultural services, forestry, and fisheries
Mining
Metal mining
Coal mining
Crude petroleum and natural gas. .
Mining and quarrying of nonmetallic minerals
Contract construction
_
Manufacturing
Nondurable goods . .
Food and kindred products
Tobacco manufactures .
Textile mill products
Apparel and other fabricated textile products
Paper and allied products _
Printing, publishing, and allied industries
Chemicals and allied products
Petroleum refining and related industries
Rubber and miscellaneous plastic products
Leather and leather products
18, 587
17, 973
20 965
22 694
_..
_
Lumber and wood products, except furniture
Furniture and fixtures
Stone, clay, and glass products
_
Primary metal industries
Fabricated metal products..- _
Machinery, except electrical_
Electrical machinery.
Transportation equipment and ordnance, except
motor vehicles
Motor vehicles and motor vehicle equipment
Instruments
_
Miscellaneous manufacturing industries Transportation
Railroad transportation. ._ _
Local, suburban, and highway passenger. _
Motor freight transportation and warehousing
Water transportation
_
Air transportation
Pipeline transportation
Transportation services. _ .
•
17, 404
1,183
16, 653
1,320
19, 541
1,424
21, 150
1,544
5 954
5 924
6 191
6 703
785
861
1 212
2 917
1,040
1 307
2,638
1,118
936
1 319
2 737
1,199
1 077
1 354
2 928
1 344
24 198
26, 455
29 065
31 525
143 839 155 558 171 822
192 092
57 508
61 918
66 334
73 183
13,409
1 216
4 713
5,672
5 163
7,312
10 402
4 597
3,286
1,738
14, 279
1 196
5,237
6,072
5 517
8 255
11 225
4 785
3,576
1,776
14, 418
1 114
5 820
6,559
5 888
8 904
12 500
5 327
3 971
1,833
15 853
1 173
6 489
7 180
6 612
9 873
13 665
5 738
4 519
2 081
86 331
93 640 105 488
118 909
Communication..
_
Telephone and telegraph
Radio broadcasting and television
3 549
2 363
5,062
11 521
9,184
14, 016
12 326
3 862
2 574
5,443
13 100
10, 151
16, 162
12 760
4 167
2 850
5,723
14 705
11 432
18 438
14 442
4 432
3 236
6 117
16 330
12* 874
21 556
17 171
10 411
11 848
3 507
2,544
10 759
12 504
3,650
2,675
11
15
4
2
401
298
161
871
13 800
15* 050
5 105
3 238
20 025
21 226
23 108
24 759
6 634
1,716
6 913
1 815
1 881
6,710
1,770
7 420
1,978
2 257
7 034
1 901
8 243
1 983
2 715
'419
7 243
1 977
8 909
2 271
3 091
404
687
431
837
813
9 820
10, 507
11 222
12 391
8 717
1 103
9,380
1,127
9 971
1 251
10 999
1 392
Electric, gas, and sanitary services
10 344
10, 989
11 431
12 112
Wholesale and retail trade
73 414
79 319
84 196
90 758
26 768
46 646
28 656
50 663
30 342
53 854
33 244
57 514
Wholesale trade
Retail trade
Finance, insurance, and real estate .
53 567
57 086
61 282
65 625
7 977
8 495
8 872
9 707
—361
1 397
4 903
2 268
37 383
— 741
1 627
4 994
2 490
40 221
—804
1 942
5 118
2 679
43 475
—873
2 336
5 335
2 837
46 283
54 134
59 080
63 683
69 278
Hotels and other lodging places
2 423
Personal services
5 282
Miscellaneous business services
6 614
Automobile repair, automobile services, and garages. . . 2,174
Miscellaneous repair services
1 315
Motion pictures
910
Amusement and recreation services, except motion
pictures
1 970
Medical and other health services
13 519
Legal services
3 424
Educational services
3 374
Nonprofit membership organizations
4 562
Miscellaneous professional services
4 743
Private households
3 824
2 577
5 691
7 490
2,368
1 378
1 053
2 793
5 982
8 328
2,477
1 478
1 176
3 164
6 324
9 318
2,632
1 598
1 284
Banking
Credit agencies, holding and other investment companies
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Services
Government and government enterprises
2 120
14 865
3 724
3 768
4 907
5 231
3 908
2
15
4
4
5
5
3
223
997
033
196
293
746
961
2
17
4
4
5
6
4
393
461
281
664
823
316
020
64, 681
69, 992
75, 243
84,629
Federal
General government _ ...
Government enterprises.
29 676
25, 261
4,415
31 850
27 148
4,702
33 467
28 459
5,008
38 135
32 665
5,470
State and local
General government
Government enterprises
35,005
32, 859
2 146
38 142
35, 873
2 269
41 776
39 347
2 429
46 494
43 934
2 560
3,364
3 959
4 172
4 163
Rest of the world
_.
1966
616, 729
404, 444 433, 822 471,930
515, 887
Corporate business, including mutual financial institutions
270, 356 292, 235 319, 114
352, 426
216, 334 231, 582 249, 797
194, 939 208, 687 224, 635
21, 395 22, 895 25, 162
275, 886
246, 135
29,751
_.
Compensation of employees
Wages and salaries
Supplements to wages and salaries
._ .
Corporate profits and inventory valuation adjustment_
_ _
.
Profits before tax
Inventory valuation adjustment
56, 386
56 854
-468
63,167 71,668
63 680 73 330
—513 — 1 662
-2, 364 -2, 514 -2, 351
Net interest
95 027
Sole proprietors and partnerships
Proprietors' income.
.
Income of unincorporated enterprises..
Inventory valuation adjustment
99 676 107 815
78, 940
80 576
—1 636
-2,400
115 422
42, 198
_ _ 39,686
2,512
45, 001
42,383
2,618
48, 420
45, 618
2,802
52, 973
49, 535
3,438
50, 618
_ _ _ _ . 50, 652
51, 923
52, 002
56, 290
56, 660
—370
58,886
59, 256
—370
Compensation o f employees _ . _ _ - .
Wages and salaries . _ __ .
Supplements to wages and salaries
-34
Other private business.. ._
Compensation of employees
Wages and salaries .
Supplements to wages and salaries _ _ .
—79
2,211
2,752
3,105
3,563
32, 500
34, 940
37, 564
40, 009
1,760
1,649
1,845
1,737
1,964
1,853
2,113
1,982
395
111
Proprietors' income
111
131
392
392
391
108
17, 139
17, 963
18, 951
19, 374
13, 206
14 740
16, 257
18, 131
6,561
6,971
7,437
8,030
6,561
6,072
6 971
6,423
548
7,437
6,876
8,030
7,422
489
561
608
Income originating in general government
58, 120
63, 021
67, 806
76, 599
Compensation of employees
Wages and salaries
Supplements to wages and salaries
58,120
53, 375
4,745
63,021
57, 871
5,150
67, 806
62, 352
5,454
76, 599
70, 422
6,177
15, 999
17, 266
18, 472
20, 080
15, 999
15, 342
17, 266
16, 548
18, 472
17,682
20, 080
19, 086
718
790
994
3,364
3,959
4,172
4,163
32
34
36
38
2,547
3,109
3,230
3,256
Rental income of persons
426
640
1965
_ _ . . _ - 481, 927 518, 068 562, 380
National income
Income orignating in business, total
Net interest
Durable goods
1964
616 729
_.
Net interest
Government enterprises
.
C ompensation of employees
Wages and salaries
Supplements to wages and salaries
_ _.
Income originating in households and institutions
Compensation of employees .
Wages and salaries. _
Supplements to wages and salaries
..
657
Income originating in the rest of the world
Compensation of employees
Corporate profits
Net interest
.
...
_ _ _
785
816
906
869
SURVEY OF CURRENT BUSINESS
18
July 1967
Table 1.14.—Gross Corporate Product1
1964
1963
1963
CD
1964
1965
I
1966
II
III
IV
I
II
3
1965
III
IV
I
II
1966
III
IV
I
II
III
IV
Seasonally adjusted at annual rates
1
Billions of dollars
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
335.0 361.3 392.5 429.6 325.8 332.1 338.1 343.9 351.4
Gross corporate product
Income originating in corporate business
Compensation of employees- . _ _ _ _
Wages and salaries
Supplements
Net interest
36.5
39.0
30.9
31.7
31.9
32.5 33.2
33.7
34.1
34.5
35.2
36.0
36.9
37.8
38.3
38.7
39.2
39.8
32.9
35.2
37.0
38.2
32.4
32.7
33.0
33.4
34.1
34.9
35.7
36.0
37.1
36.9
36.8
37.2
36.9
37.9
38.6
39.2
- _ _ 270.4 292.2 319.1 352.4 262.5 267.8
__ 216.3 231.6 249.8 275.9 211.7 214.6
194.9 208.7 224.6 246.1 190.8 193.4
21.4 22.9 25.2 29.8 20.9 21.2
-2.4 -2.5 2. 4 -2.4 -2.5 -2.3
273.2
217.7
196.1
21.5
-2.2
277.9
221.4
199.4
22.0
-2.4
284.1
224.8
202.8
22.0
-2.5
289.9
229.2
206.7
22.6
-2.5
296.3
234.4
211.2
23.2
-2.6
298.6
237.9
214.1
23.7
-2.5
309.2
242.5
218.1
24.4
-2.4
314. 3
246.7
221.8
24.9
-2.3
321.1
251.7
226.2
25.4
-2.4
331.8
258.4
232.4
26.0
-2.3
342.6
266.8
238.3
28.6
-2.3
348.8
273.2
243.9
29.3
-2.4
355.2
279.0
248.8
30.2
-2.4
363.2
284.5
253.5
30.9
-2.4
53.3 55.5 57.8 58.9 61.8
53.2 56.4 57.6 60.2 62.4
24.8 26.1 26.6 27.8 27.8
28.4 30.3 31.0 32.4 34.6
14.9 15.4 15.6 15.9 16.0
13.5 14.9 15.4 16.5 18.6
.2 -1.3
.2 -.9
-.6
63.2
63.3
28.1
35.1
16.4
18.8
i
64.5 63.3 69.2 69.9
64.8 64.3 70.7 72.1
28.8 28.6 30.3 30.9
36.0 35.6 40.3 41.1
16.6 16.9 17.2 17.8
19.4 18.7 23.2 23.3
-.4 -1.0 -1.4 -2.1
71.8 75.7 78.0 78.0 78.7
72.7 77.9 80.7 80.3 80.8
31.1 33.1 34.5 34.5 34.6
41.6 44.8 46.2 45.9 46.2
18.7 19.5 20.0 20.1 20.1
23.0 25.3 26.1 25.8 26.1
-.9 -2.2 -2.6 -2.3 -2.2
81.2
80.5
34.6
45.9
19.6
26.3
.7
.
18
Gross product originating in financial institutions
- -- _ _ _ _ _ ___ _
19
Gross product originating in nonfinancial
corporations
20
21
Capital consumption allowances
Indirect business taxes plus transfer payments less
subsidies
22
23
24
25
26
27
28
29
30
31
32
33
34
35
56.4 63.2 71.7 78.9
56.9 63.7 73.3 80.6
26.3 28.3 31.4 34.5
30.5 35.3 42.0 46.0
15.4 16.5 18.3 19.9
15.1 18.9 23.7 26.1
-.5 -.5 -1.7 -1.6
62.3
46.8
69.2
52.7
78.4
60.1
85.0
65.1
59.3
44.5
62.0
46.6
62.9
47.3
64.9
49.0
67.8
51.7
68.8
52.4
70.1
53.6
70.1
53.2
75.5
58.4
77.1
59.3
78.5
59.8
82.6
63.1
84.4
64.4
84.6
64.5
85.4
65.3
85.6
66.1
15.0
15.3
16.2
17.5
14.8
14.8
15.0
15.3
15.0
15.2
15.4
15.6
15.8
16.0
16.3
16.8
17.0
17.3
17.7
18.0
320.0 346.0 376.3 412.1 311.0 317.3 323.2 328.6 336.4 343.3 350.8 353.5 365.8 371.1 378.4 390.0 400.7 408.2 415.3
31.0
32.9
35.5
37.9
30.2
30.9
31.1 31.7
32.3 32.7
33.2
33.6
31.5 33.8 35.3 36.5 31.0 31.3 31.6 32.1 32.8 33.6 34.4 34.6
Income originating in nonfinancial corporations- _ - 257.6 279.2 305.5 337.7 249.8 255.1 260.4 264.8 271.4 277.0 283.2 285.4
Compensation of employees
204.4 218.9 236.4 261.3 200.1 202.9 205.7 209.0 212.5 216.7 221.6 224.8
184.5 197.5 212.8 233.4 180.7 183.1 185. 7 188.5 191.9 195.6 199.9 202.6
Wages and salaries
19.9 21.4 23.6 27.9 19.4 19.7 20.1 20.4 20.6 21.1 21.7 22.2
Supplements
Net interest
_ 4.5 5.1 5.9 6.7 4.2 4.4 4.6 4.8 4.9 5.0 5.1 5.3
Corporate profits and inventory valuation
adjustments _
_ _
Profits before tax. _ _ _ _ _ _ _
_ _ __
Profits tax liability
Profits after t a x . . _ - _ _ _ _ _ _ _
Dividends
Undistributed profits
Inventory valuation of adjustment _ _ .
Cash flow, gross of dividends (20+30)
Cash flow, net of dividends (20+32) _
425.5 433.0 442.2
33.9
Corporate profits and inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax. . _
____
Dividends _ ._
Undistributed profits
Inventory valuation adjustments
Cash flow, gross of dividends (2+12)
Cash flow, net of dividends (2+14)
358.4 366.1 369.1 381.5 387.1 394.7 406.8 417.8
31.8
Capital consumption, allowances
Indirect business taxes plus transfer payments less
subsidies
_
48.6
49.1
22.9
26.2
14.3
11.9
-.5
55.2
55.8
24.3
31.4
15.0
16.5
-.5
57.1
42.8
64.4
49.4
63.3 69.7
64.9 71.3
27.6 30.3
37.3 41.0
16.9 18.5
20.4 22.5
-1.7 -1.6
72.8
55.9
78.9
60.4
34.3
35.0
35.9
35.5
35.2
35.1 35.4
36.8 37.2
35.3
38.1 38.6
36.2
36.9
56.5 55.3 61.0 61.6
56.8 56.3 62.5 63.7
24.8 24.6 26.7 27.2
32.1 31.7 35.8 36.5
15.0 15.3 15.7 16.4
17.1 16.4 20.0 20.0
-.4 -1.0 -1.4 -2.1
63.4 67.1 69.1 69.0
64.3 69.2 71.7 71.3
27.4 29.3 30.4 30.3
36.9 39.9 41.3 41.0
17.3 18.1 18.5 18.6
19.6 21.8 22.8 22.3
-.9 -2.2 -2.6 -2.3
54.2
40.4
65.3
50.3
72.8
55.5
57.8
43.3
59.7
44.9
63.0
48.4
64.0
49.1
65.3
49.9
37.5
296.0 300.8 307.4 317.8 328.3 334.3 340.3 348.0
229.4 233.5 238.2 244.5 252.7 258.8 264.3 269.5
206.8 210.2 214.3 220.1 225.9 231.2 236.0 240.5
22.8 23.3 23.8 24.4 26.8 27.5 28.3 29.1
5.5 5.8 5.9 6.3 6.4 6.6 6.8 7.0
45.5 47.8 50.1 51.0 54.0 55.2
45.3 48.8 49.9 52.3 54.6 55.3
21.3 22.7 23.2 24.3 23.8 24.1
24.1 26.0 26.7 28.0 30.8 31.2
13.8 14.3 14.5 14.8 14.7 14.9
10.3 11.8 12.2 13.2 16.1 16.3
.2 -.9
.2 -1.3
-.6 -.1
56.9
42.6
424.2
37.7
70.0
54.3
71.5
55.0
76.7
58.6
78.5
60.0
78.6
60.0
69.2 71.5
71.3 70.8
30.3 30.2
41.0 40.6
18.6 18.2
22.4
22.5
-2.2
.7
79.1
60.5
79.3
61.1
Billions of 1958 dollars
36
Gross product originating in nonfinancial
corporations.
- - __
308.0 329.7 356.1 383.0 299.9 305.2 311.2 315.8 322.3 327.5 333.4 335.3 346.3 351.0 358.2 368.8 377.4 380.9 384.6 389.0
Dollars
37
38
39
40
41
42
43
44
Current dollar cost per unit of 1958 dollar
gross product originating in nonfinancial
corporations ^
Capital consumption allowances
Indirect business taxes plus transfer payments less
subsidies
Compensation of employees
Net interest
Corporate profits and inventory valuation adjustment _ _ _
_____
Profits tax liability
Profits after tax plus inventory valuation adjustment
---_____ _
__
1.039 1.050 1.057 1.076 1.037 1.040 1.038 1.040 1. 044 1.048 1.052 1.054
1.056 1.058 1.062
1.072
1.080
1.091
.100
.100
.099
.099
.099
.099
.100
.099
.101
.101
.100
.100
.100
.100
.100
.099
.100
.103
.664
.015
.099
.664
.016
.095
.682
.018
.104
.667
.014
.103
.665
.014
.102
.661
.015
.102
.662
.015
.102
.659
.015
.102
.662
.015
.103
.665
.015
.103
.670
.016
.103
.663
.016
.100
.665
.017
.098
.665
.016
.096
.663
.017
.093
.670
.017
.095
.679
.017
.096
.687
.018
.096
.693
.018
.158
.074
.16?
.074
.178
.078
.182
.07S
.152
.071
.157
.074
.161
.075
.162
.077
.167
.074
.169
.074
.169
.074
.165
.073
.176
.077
.175
.078
.177
.076
.182
.079
.183
.081
.181
.080
.180
.079
.184
.078
.084
.094
.100
.102
.081
.082
.086
.085
.094
.095
.095
.092
.099
.098
.101
.102
.102
.101
.101 .106
.100
.102
.664
.015
1. Excludes gross product originating in the rest of the world.
1.056 1.057
.100
.100
2. This is equal to the deflator for gross product of nonfinancial corporations, with the
decimal point shifted two places to the left.
SURVEY OF CURRENT BUSINESS
July 1967
19
Table 1.15.—Gross Auto Product
[Billions of dollars]
1965
1964
1963
1966
I
I
IV
III
II
III
II
19f >6
1965
1964
1963
I
IV
II
III
IV
I
II
III
IV
Seiisonally adjuste d at antlual rat es
Gross auto product 1
Personal consumption
expenditures
Producers' durable equipChange in dealers' auto
inventories
25.1
25.8
31.4
29.8
24.5
24.4
25.4
26.0
26.7
26.5
26.9
23.1
32.8
30.8
30.6
31.3
32.3
29.1
28.2
29.6
20.6
21.7
25.4
24.9
20.3
20.5
20.7
21.0
21.7
22.0
22.8
20.3
26.1
24.8
25.2
25.6
26.6
23.7
24.7
24.5
36
38
4 5
4 4
36
36
37
37
38
39
4 0
36
4 6
4
_ i
10
4
5
_ i
5
.7
.8
.3
—.5
—1.0
1.6
1.3
.4
.8
10
1.1
—1.3
.6
_ _ _
- _--
.2
.7
5
.3
.9
6
.3
1.0
.7
.0
1.3
1.2
.0
.4
.4
.2
.7
.5
.3
.8
.5
.4
.9
.5
.2
.8
.5
.2
8
.6
.5
1.0
.6
.1
.8
.6
.3
.8
.5
.2
.9
.7
.4
1.1
.6
.3
1.1
.8
-.2
1.0
1.2
-.1
1.0
1.1
.3
1.5
1.3
.0
1.5
1.5
Addenda : New cars, domestic 2 .
w
,
g
23.1
g
23.8
9
29.0
12
27.6
18
22.5
7
22.3
8
23.6
7
24.0
8
24.7
9
24.5
.9
24.9
10
21.2
10
30.5
10
28.6
1i
28.3
1.3
28.7
14
30.0
18
27.0
1.6
26.1
19
27.4
2.1
Net exports
Exports
Imports
2. Differs from the gross auto product total by the markup on both used cars and foreign cars.
1. The gross auto product total includes government purchases, which amounted to $0.2
billion annually, 1963-66.
Table 1.16.—-Gross Auto Product in Constant Dollars
[Billions of 1958 dollars]
1964
1963
1963
1964
1965
1966
I
II
III
IV
I
III
II
1966
1965
IV
I
II
III
IV
I
II
III
IV
Seasonally adjusted at annual rates
Gross auto product J
- -
Personal consumption expenditures
Producers' durable equipment
Change in dealers' auto inventories
Net exports
Exports
Imports
Addenda: New cars, domestic2_.
New cars, foreign...
24.7
25.5
31.4
30.3
24.2
23.9
25.1
25.6
2S.3
26.1
26.6
23.0
32.4
30.7
31.0
31.5
33.0
29.7
28.8
29.9
20.3
21 A
25.4
25.4
20.0
20.1
20.5
20.6
21.3
21.6
22.5
20.1
25.8
24.7
25.5
25.8
27.2
24.2
25.3
24.7
3.6
3.8
4.5
4.4
3.5
3.5
3.6
3.6
3.8
3.9
4.0
3.6
4.6
4.3
4.5
4.5
4.7
4.2
4.4
4.3
.4
-.1
1.0
.4
.5
— .1
.5
.7
.9
.3
— 5
—1 0
1.6
13
.4
g
10
1.1
—1.4
.7
.2
\1
.5
.3
.9
.6
.3
1.0
.7
.1
1.3
1.2
.0
.4
.4
.2
.7
.5
.3
.8
.5
.4
.9
.5
'.8
.5
.2
.8
.6
.5
1.0
.6
.2
.8
.7
.3
.8
.5
.2
.9
.7
.4
1.1
.6
.3
1.1
.9
-.2
1.0
1.2
.0
1.1
1.1
.3
1.6
1.3
.1
1.5
1.5
22.8
.8
23.5
1.0
29.2
1.2
28.2
1.8
22.2
.8
22.0
.8
23.2
.7
23.7
.8
24.3
.9
24.2
.9
24.6
1.0
21.0
1.0
30.2
1.0
28.6
1.2
28.6
1.3
29.3
1.4
30.7
1.8
27.6
1.6
26.6
1.8
27.8
2.1
1.The gross auto product total includes government purchases, which amounted to $0.2
billion annua\ly, 1963-66.
2. Differs from the gross auto product total by the markup on both used cars and foreign cars.
Table 1.17.—Gross Farm Product
Table 1.18.—Gross Farm Product in Constant Dollars
[Millions of dollars]
[Billions of 1958 dollars]
1963
1964
1965
40, 997
39 373
43 323
46 246
Cash receipts from farm marketings and CCC loans
37, 046
Farm products consumed directly in farm households .. 1,014
Change in farm inventories
785
Gross rental value of farm homes
2,153
36, 823
929
—594
2 215
39, 116
913
1 005
2 289
43, 296
918
—277
2 309
Total value of farm output
Less: Value of intermediate products consumed, total. ._
Intermediate products consumed, other than
rents
Gross rents paid to nonfarm landlords (excluding
operating expenses)
._
Plus: Other items
Equals : Gross farm products
Less: Capital consumption allowances
Indirect business taxes
Plus: Government payments to farm landlords
Equals: National income originating in farming
_
Total value of farm output
Cash receipts from farm marketings and CCC loans
Farm products consumed directly in farm households. _
Change in farm inventories
Gross rental value of farm homes
19, 291
18, 689
19, 652
21, 294
17 475
16 823
17 610
19 085
1,816
1,866
2,042
2 209
Less: Value of intermediate products consumed, total
Intermediate products consumed, other than
rents
Gross rents paid to nonfarm landlords (excluding
operating expenses)
-74
—87
—107
Plus: Other items
21, 545
20, 610
23, 584
24, 845
4 201
1,457
4 398
1 506
4 658
1,584
4 942
1 695
-161
_.
1963
1966
1,517
1,947
2,199
2,942
17, 404
16, 653
19, 541
21, 150
Equals: Gross farm product. .__
_._ - .
.__
1964
1965
1966
42 0
41 2
43 i
42 9
38.3
1.1
.8
19
38.9
1.0
—.6
19
39.4
.9
.9
19
40.5
.8
— .3
19
19.1
18.8
19.4
20.3
17 3
17 0
17 5
18 3
1.7
1.8
2 0
21
-.2
—.1
— .1
—. 1
22.8
22.3
23.6
22.4
SUKVEY OF CURKENT BUSINESS
20
July 1967
Table 1.19.—Gross National Product: Not Seasonally Adjusted
[Billions of dollars]
19 63
Gross national product
_ _
1965
19 64
I
II
III
IV
I
II
III
1966
IV
I
II
III
IV
I
II
III
IV
137.8
146.1
146.5
160.2
148.5
157.1
156.3
170.6
157.9
168.7
168.7
188.6
175.3
186.1
183.9
198.0
Personal consumption expenditures
Durable goods
Nondurable goods
Services
_ -
87.3
11.6
38.1
37.5
92.2
13 5
41.0
37.7
92.0
12 4
41.2
38.4
103.5
16 3
48.4
38.8
93 5
13 0
40 3
40.2
98 3
15 1
42 7
40.5
98.7
14 0
43.8
40.9
110.7
17. 1
51.9
41.8
99.3
14 6
41.8
43.0
105.9
16 2
46.3
43.5
106.2
15.2
46.7
44.3
121.6
20.1
56.4
45.1
110.1
16 1
47 6
46.4
115.5
17 4
51 5
46.6
115 5
16 6
51 6
47.3
124 9
20 2
56 7
47.9
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential structures
_.
Nonfarm
Farm. __
_ _
Change in business inventories
Nonfarm
. _
Farm
_. _ _
20.3
17.1
12.0
3.9
8.1
5.1
5.0
.1
3.2
3.0
.2
22.2
20.9
13.9
4.9
9.0
7.0
6.9
.1
1.3
1.1
.1
22 3
21.3
13 7
5.3
8.4
7.6
7.5
.2
.9
.8
.2
22.3
21.9
14.7
5.3
9.4
7.2
7. 1
.1
.4
.1
.3
22 4
19. 1
13 5
4.3
9.2
5.6
5. 5
.1
3.3
3.4
— .1
24 0
22.5
15 7
5.3
10.4
6.9
6.7
.1
1.5
1.7
-.2
23.5
23.2
15.5
5.7
9.8
7.7
7.6
.1
.3
.5
-.2
24.1
23.3
16.4
5.8
10.6
6.9
6.8
.1
.8
.8
— .1
25.8
20.9
15.5
4.9
10.6
5.4
5.3
.1
4.9
4.8
.1
27.0
24.9
18.1
6.2
11.8
6.8
6.7
.1
2.1
1.9
.2
26.8
25.7
17.9
6.7
11.2
7.7
7.6
.1
1.1
.8
.4
27.8
26.5
19.6
7.2
12.3
7.0
6.8
.1
1.3
1.0
.3
28.6
23. 1
18.0
6.0
12.0
5.5
5.3
.1
5.1
5.1
.1
30 7
27.1
20 5
7.0
13.5
6.6
6.5
.1
3. 6
3.7
-.1
28.1
27.1
20 3
7.6
12.7
6.9
6.7
.1
1.0
1.1
— .1
30 6
26.9
21 5
7.4
14.1
5.5
5.3
.1
3.6
3.8
-.1
1.4
7.3
6.0
1.7
8.3
6.6
.6
7.7
7.1
2.2
9.0
6.8
2.4
90
6.6
2.1
92
7. 2
1.3
8.8
7.5
2.7
10.1
7.4
1.8
8.6
6.9
2.2
10.4
8.2
.9
9.5
8.6
2.1
10.7
8.6
1.7
10.2
8.6
1.5
10.9
9.4
.2
10.4
10.1
1.7
11.5
9.8
28.8
15.7
12.4
3.3
13.1
30.0
15.4
12.9
2.5
14.5
31.6
16.0
12.5
3.5
15.6
32.1
17.1
12.9
4.2
15.0
30 2
15.9
12.2
3.6
14.3
32 7
16.6
13.3
3.4
16.0
32 8
15.8
12.1
3.7
16.9
33 1
16.8
12.4
4.5
16.3
31.0
15.4
11.7
3.7
15.6
33.6
16.2
12.6
3.6
17.4
34.8
16.2
12.0
4.3
18.6
37.0
18.9
13.8
5.1
18.1
35.0
17.5
13.4
4. 1
17.5
38.4
19.1
15.3
3.8
19.3
40.1
19.7
15.4
4.3
20.4
40.8
20.8
16.4
4.4
20.0
_ ...
Net exports of goods and services
Exports
Imports
Government purchases of goods and services
Federal
..
National defense
_ _ _ _ _ _ _ _
Other
State and local _
2.—Personal Income and Outlay
Table 2.1.—Personal Income and Its Disposition
1964
1963
1965
1964
1963
1966
I
II
III
IV
Millions of dollars
Personal income
II
III
IV
I
II
III
IV
I
II
III
IV
Billions of dollars, seasonally adjusted at annual rates
465,487 497,462 537,760 584,005 457.0 461.3
Wage and salary disbursements
Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government..- __ _
I
1966
1965
467.8 475.8 484.6 492.7 502.1 510.5 520.3 530.1 544.6 556.1 567.8 577.3 589.3 601.6
311,095 333,683 359,052 394,620 304.5 308.5 313.0 318.5 324.2 330.4 337.4 342.8 347.7 354.2 362.0 372.4 381.3 390.2 399.6 407.4
125, 744 134, 058 144, 502 159, 304 122.9 124.8 126.7 128.6 130.1 132.9 135.8 137.4 140.7 142.4 145.2 149.7 154.2 158.0 161.0 164.1
100, 606 107, 166 115, 570 128, 052 98.5 99.8 101.1 103.0 104.1 106.2 108.7 109.6 112.4 113.8 116.4 119.7 123.1 126.9
129.7 132.6
75, 991 81,153 86, 937 93, 929 74.6 75.5 76.4 77.4 79.0 80.2 82.0 83.3 84.4 86.2 87.6 89.6 91.3 93.0 94.9 96.5
49,881 54,144 58,349 63,505 48.8 49.4 50.3 51.1 52.5 53.7 54.6 55.7 55.8 57.6 59.3 60.7 61.4 62.9 64.3 65.5
59, 479 64,328 69,264 77, 882 58.1 58.8 59.6 61.4 62.5 63.5 65.0 66.3 66.8 67.9 69.8 72.5 74.3 76.4 79.4 81.4
Other labor income.
14,864
16,626
18,639
20,801
14.5
14.6
15.0
15.4
15.9
16.4
16.9
17.4
17.9
18.4
18.9
19.4
20.0
20.5
21.1
21.7
Proprietors' income
Business and professional
Farm
_ _ _
51,013
37, 910
13, 103
52,315
40, 180
12, 135
56,682
41, 921
14, 761
59,277
43, 226
16, 051
50.8
37.5
13.4
50.7
37.6
13.1
51.1
38.1
13.0
51.4
38.5
12.9
51.3
39.4
12.0
52.1
40.1
12.0
52.6
40.6
12.0
53.3
40.6
12.6
55.0
41.4
13.6
56.7
41.7
15.0
57.2
42.0
15.2
57.8
42.5
15.3
60.0
42.8
17.1
59.3
43.3
16.0
59.2
43.3
15.9
58.6
43.4
15.1
Rental income of persons. _
Dividends
Personal interest income
17,139
16,454
31,427
17,963
17,811
34,873
18,951
19,792
38,353
19,374
21,452
42,432
17.1
16.0
29.9
17.1
16.4
30.8
17.1
16.6
31.9
17.2
16.8
32.9
17.5
17.3
33.6
17.8
17.7
34.3
18.1
17.9
35.3
18.4
18.3
36.2
18.6
18.7
37.0
18.9
19.4
37.9
19.1
20.2
38.8
19.2
20.9
39.7
19.2
21.4
40.7
19.3
21.6
41.9
19.4
21.6
42.8
19.6
21.2
44.3
Transfer payments
Old-age, survivors, disability, and health
insurance benefits
State unemployment insurance benefits
Veterans benefits
Other
35,318
36,725
39,719
43,917
35.7
34.8
35.0
35.6
37.0
36.4
36.6
36.9
38.6
37.8
42.0
40.5
42.4
41.9
44.0
47.5
15,245
2,823
5,036
12, 214
16, 018
2,564
5,263
12, 880
18, 067
2,198
5,621
13,833
20,805
1,797
5,736
15, 579
15.0
3.0
4.9
12.8
15.1
2.8
5.0
11.9
15.4
2.7
5.0
11.9
15.5
2.7
5.1
12.3
15.8
2.7
5.2
13.2
15.9
2.6
5.3
12.6
16.1
2.5
5.3
12.7
16.3
2.4
5.3
12.9
16.7
2.4
5.5
14.1
16.6
2.2
5.6
13.4
20.4
2.2
5.7
13.7
18.6
2.0
5.7
14.1
19.4
2.0
5.9
15.1
19.6
1.6
5.4
15.3
21.0
1.8
5.4
15.8
23.2
1.8
6.3
16.2
_ _ _
Less: Personal contributions for social insurance
Less: Personal tax and nontax payments
11,823
12,534
13,428
17,868
11.6
11.7
11.9
12.1
12.3
12.4
12.7
12.8
13.1
13.3
13.5
13.8
17.1
17.3
18.4
18.7
60,883
59,366
65,576
75,211
60.3
60.6
60.9
61.7
60.7
56.9
59.0
60.9
64.3
66.1
65.2
66.7
70.4
74.1
76.9
79.6
Equals: Disposable personal income
404,604 438,096 472,184 508,794 396.7 400.7 406.9 414.1 423.9 435.8 443.1 449.6 456.0 464.0 479.4 489.4 497.5 503.3 512.4 522.0
Less: Personal outlays
384,662 411,908 445,019 479,004 377.4 381.5 388.1 391.6
402.0 408.1 417.5 420.1 431.6
439.9 448.5 460.1 470.9 474.6 483.2 487.4
Personal consumption expenditures
374, 982 401, 221 433, 102 465, 946 368.2 372.0 378.3 381.5 391.7 397.6 406.6 408.9 420.2 428.1 436.4 447.8 458.2 461.6 470.1 473.8
9,075 10, 070 11, 259 12, 411
Interest paid by consumers
.. __ ... __
8.6
9.5 9.6
9.2
9.9 10.3 10.5 10.8 11.2 11.5 11.7 12.0 12.3 12.5 12.9
8.9
.6
605
.6
Personal transfer payments to foreigners
617
658
.6
.7
647
.6
.6
.6
.6
.6
.6
.6
.6
.6
.7
.7
.7
Equals: Personal saving
34.6
19,942
26,188
27,165
Addenda:
Disposable personal income:
Total, billions of 1958 dollars
381.3
407.9
434.4
456.3 375.7 378.0 383.1 388.1 396.6 406.2 412.6
Per capita, current dollars
Per capita, 1958 dollars
2,136
2,013
2,280
2,123
2,427
2,232
2,584 2,105 2,119 2,144 2,173 2,217 2,272 2,302 2,327 2,354 2,388 2,459 2,502 2,537 2,560 2,598 2,639
2,317 1,994 1,999 2,018 2,037 2,075 2,118 2,143 2,158 2,179 2,199 2,258 2,291 2,304 2,302 2,324 2,341
29,790
19.3
19.2
18.8
22.5
22.0
27.7
25.6
29.5
417.0
24.5
24.0
30.9
29.3
26.6
28.7
29.2
422,2 427.2 440.2 448.2 451.8 452.6 458.4 463.2
SURVEY OF CURRENT BUSINESS
July 1967
21
Table 2.2.—Personal Income: Seasonally Adjusted Monthly Totals at Annual Rates
[Billions of dollars]
Proprietors'
income
Wage and salary disbursements
Personal
income
Year and month
All industries
Commodityproducing
Total
Manufacturing
Distrib- Service Governutive
ment
Other
labor
income
Business
and professional
Farm
Rental
income
of
persons
Dividends
Less:
Personal
personal Nonagriinterest Transfer contribu- cultural
income
income payments tions for
social
insurance
1963
465.5
311.1
125.7
100.6
76.0
49.9
59.5
14.9
37.9
13.1
17.1
16.5
31.4
35.3
11.8
448.1
January
February
March
April
May
_
June
457.6
455.7
457.6
458.4
461.2
464.2
303.2
304.3
305.8
306.3
308.2
310.9
122.7
122.7
123.4
123.5
124.9
125.8
98.3
98.3
98.9
98.8
100.0
100.6
74.2
74.6
75.1
75.2
75.3
76.1
48.5
48.9
49.0
49.1
49.3
49.8
57.8
58.2
58.4
58.6
58.7
59.2
14.4
14.5
14.5
14.6
14.6
14.7
37.5
37.5
37.5
37.6
37.7
37.6
13.2
13.4
13.4
13.3
13.1
12.9
17.2
17.1
17.1
17.1
17.1
17.1
16.0
16.1
16.0
16.1
16.4
16.6
29.7
29.9
30.2
30.4
30.8
31.2
38.1
34.4
34.7
34.7
34.9
34.8
11.7
11.5
11.6
11.7
11.7
11.8
440.2
438.1
439.9
440.9
443.9
447.0
465.6
467.8
470.0
473.4
474.9
479.1
311.4
312.9
314.6
317.0
318.0
320.4
126.3
126.4
127.5
128.1
128.3
129.4
101.0
100.7
101.6
102.4
103.0
103.7
76.0
76.5
76.7
77.1
77.4
77.9
50.0
50.4
50.5
50.8
51.0
5L4
59.2
59.7
59.9
61.1
61.3
61.8
14.8
15.0
15.1
15.2
15.4
15.6
38.0
38.0
38.2
38.4
38.4
38.7
13.1
13.0
13.0
13.0
12.9
12.8
17.1
17.1
17.1
17.2
17.2
17.2
16.6
16.5
16.5
16.6
16.7
17.2
31.6
32.0
32.2
32.6
32.9
33.3
34.9
35.1
35.1
35.5
35.4
36.1
11.9
11.9
11.9
12.0
12.0
12.2
448.1
450.3
452.5
456.0
457.8
462.2
497.5
333.7
134.1
107.2
81.2
54.1
64.3
16.6
40.2
12.1
18.0
17.8
34.9
36.7
12.5
480.9
482.4
484.6
486.8
490.1
493.0
495.0
321.1
325.1
326.4
328.5
330.4
332.2
128.5
130.6
131.2
132.4
132.9
133.4
103.2
104.4
104.8
105.9
106.2
106.6
78.4
79.1
79.5
79.6
80.3
80.9
52.0
52.8
52.9
53.5
53.7
53.9
62.2
62.6
62.8
63.0
63.5
64.0
15.7
15.9
16.1
16.2
16.4
16.5
39.1
39.3
39.6
40.0
40.1
40.2
12.2
12.0
11.8
11.9
12.1
11.9
17.4
17.5
17.7
17.8
17.8
17.9
17.2
17.3
17.4
17.4
17.7
17.8
33.5
33.6
33.8
34.0
34.3
34.6
38.5
36.2
36.4
36.6
36.4
36.1
12.3
12.2
12.3
12.3
12.4
12.5
465.9
468.4
470.7
473.8
476.5
478.6
498.4
502.$
505,3
506.0
509.8
515.6
334.4
337.9
339.8
339.7
342.5
346.1
134.6
135.9
136.9
135.5
137.3
139.5
107.5
108.7
109.8
107.8
109.6
111.5
81.5
82.2
82.3
82.7
83.3
84.0
54.3
54.6
55.1
55.4
55.8
56.0
64.1
65.2
65.6
66.2
66.2
66.5
16.7
16.9
17.0
17.2
17.4
17.5
40.5
40.6
40.7
40.3
40.6
40.9
11.9
12.0
12.0
12.4
12.6
12.9
18.0
18.1
18.2
18.3
18.4
18.4
18.0
17.8
18.0
18.1
18.3
18.7
35.0
35.4
35.7
35.9
36.2
36.6
36.5
36.6
36.6
36.8
36.7
37.3
12.6
12.6
12.7
12.8
12.8
12.9
482,0
486.3
488.9
489.1
492.8
498.3
July
August
September
October
November
December
- -- . -
- ..- - _
_ __ .
1964
January
February
March .
April
May
June -
_
.-
July-August
.._ _
September
October
November .._
December
- __. _.
537.8
359.1
144.5
115.6
86.9
58.3
69.3
18.6
41.9
14.8
19.0
19,8
38.4
39.7
13.4
518.4
January
_ _ _ _ ..
February
March _ .
___
April
May
- __June
519.2
519.3
522.5
524.6
530.6
535.1
345.6
347.5
349.9
351.2
354.7
356.6
139.4
140.7
141.8
141.0
142.6
143.7
111.6
112.3
113.2
113.0
113.8
114.7
84.0
84.3
84.8
85.7
86.5
86.5
55.5
55.6
56.2
57.0
57.7
58.1
66.6
66.8
67.0
67.6
67.9
68.3
17.7
17.9
18.0
18.2
18.4
18.5
41.1
41.4
41.7
41.5
41.8
41.9
13.9
13.7
13.3
13.4
15.2
16.4
18.5
18.6
18.8
18.8
18.9
19.0
18.6
18.7
18.8
19.0
19.3
20.0
36.8
37.0
37.2
37.5
37.9
38.3
40.3
37.6
37.9
38.1
37.7
37.7
13.2
13.0
13.1
13.2
13.3
13.3
500.9
501.2
504.8
506. 7
510.8
514.0
July
August
September
October
November
December
538.1
540.3
555.2
550.8
556.0
561.4
359.5
361.7
364.8
368.8
372.7
375.7
144.5
145.4
145.8
147.9
149.7
151.5
115.9
116.5
116.8
118.5
119.8
120.9
87.1
87.4
88.2
89.0
89.7
90.0
58.8
59.3
59.9
60.3
60.8
61.0
69.0
69.6
70.9
71.6
72.5
73.2
18.7
18.9
19.1
19.2
19.4
19.6
42.0
42.0
42.1
42.4
42.5
42.8
15.4
15.0
15.0
15.0
15.3
15.5
19.0
19.1
19.1
19.1
19.2
19.2
20.0
20.1
20.4
20.7
20.8
21.1
38.5
38.8
39.0
39.4
39.7
40.0
38.4
38.3
49.3
39.8
40.3
41.4
13.5
13.5
13.6
13.7
13.8
13.9
518.0
520.8
535.6
531.1
536.0
541.2
1965_ .
._. _ _ _. .
1966
January.. „_
February
March
April
May June
__ __
July..
August . . . _ - _ _ - _ September _
October
November.- - _ __
December
584.0
394.6
159.3
128.1
93.9
63.5
77.9
20.8
43.2
16.1
19.4
21.5
42.4
43.9
17.9
563.1
563.7
567.4
572.3
574.7
576.1
581.1
378.1
381.1
384.5
387.2
389.5
393.9
152.1
154.2
156.2
156.7
157.7
159.5
121.6
123.3
124.5
125.9
126.5
128.1
91.1
91.3
91.6
92.4
92.9
93.7
61.1
61.3
61.9
62.4
62.7
63.4
73.8
74.4
74.7
75.7
76.2
77.3
19.8
20.0
20.1
20.3
20.5
20.7
42.8
42.6
43.0
43.4
43.2
43.5
16.9
17.1
17.4
16.4
16.0
15.6
19.2
19.2
19.2
19.2
19.3
19.3
21.3
21.5
21.5
21.6
21.7
21.6
40.3
40.7
41.1
41.5
41.9
42.2
42.1
42.3
42.7
42.4
41.4
41.8
17.0
17.1
17.2
17.2
17.3
17.5
542.1
545.5
550.1
553.6
555.3
560.7
584.7
589.1
594.1
597.5
602.1
605.0
397.1
399.8
401.9
404.8
407.6
410.0
159.6
161.2
162.2
163.2
164.1
164.9
128.2
130.0
130.8
132.1
132.8
132.8
94.8
94.8
95.0
95.9
96.5
97.2
63.8
64.3
64.7
64.9
65.6
65.9
78.8
79.4
80.1
80.8
81.4
82.0
20.9
21.1
21.3
21.4
21.7
21.9
43.3
43.3
43.4
43.3
43.5
43.5
16.0
15.9
15.8
15.0
15.1
15.3
19.4
19.4
19.4
19.5
19.6
19.7
21.6
21.5
21.7
21.6
21.6
20.2
42.5
42.8
43.3
43.8
44.3
44.8
42.4
43.8
45.8
46.6
47.4
48.5
18.3
18.4
18.4
18.6
18.7
18.8
563.9
568.3
573.4
577.5
581.9
584.8
SUEVEY OF CUKRENT BUSINESS
22
July 1967
Table 2.3.—Personal Consumption Expenditures by Major Type
[Billions of dollars]
1963
1964
1965
I
1966
II
1965
1964
19 63
III
IV
I
II
III
IV
I
II
19(>6
III
IV
I
II
III
IV
Setisonally adjuste d at amiual rat es
Personal consumption
expenditures
Durable goods
Automobiles and parts . _ _
Furniture and household
equipment
Other
..
Nondurable goods
Food and beverages
Clothing and shoes
Gasoline and oil Other
_ _ __
Services
Housing __
Household operation
Transportation
Other
_
.,
375.0
401.2
433.1
465.9
368.2
372.0
391.7
397.6
406.6
408.9
420.2
428.1
436.4
447.8
458.2
461.6
470.1
473.8
53.9
59.2
66.0
70.3
52.4
53.2
54.5
55.6
57.9
59.6
60.7
58.7
65.2
64.2
66.1
68.6
71.6
68.2
70.9
70.6
24.3
25.8
29.9
29.8
23.7
24.1
24.4
24.9
25.6
26.0
26.9
24.6
30.4
29.2
29.8
30.3
31.4
28.5
29.8
29.6
22.2
7.5
25.0
8.5
27.0
9.1
29.9
10.6
21.4
7.3
21.7
7.4
22.5
7.6
23.1
7.6
24.1
8.2
25.2
8.4
25.1
8.7
25.6
8.6
25.8
9.0
26.1
8.8
27.3
9.1
28.9
9.4
29.4
10.8
29.1
10.6
30.6
10.5
30.6
10.4
168.6
178.7
191.2
207.5
167.1
168.0
169.9
169.6
174.6
175.9
181.3
182.9
184.6
189.8
192.4
198.0
203.2
207.1
209.5
210.3
88.2
30.6
13.5
36.3
92.9
33.5
14.0
38.2
99.0
36.1
15.1
41.1
106.7
40.3
16.2
44.3
87.6
30.2
13.3
35.9
88.3
30.3
13.3
36.1
88.3
31.4
13.5
36.7
88.6
30.7
13.7
36.6
90.6
32.7
13.8
37.4
92.0
32.6
13.9
37.5
94.0
34.2
14.1
39.0
95.1
34.5
14.3
39.0
95.6
34.6
14.3
40.1
98.3
35.6
15.1
40 8
99.4
36.2
15.3
41.5
102.5
37.8
15.7
42.0
105.2
39.5
15.8
42 7
107.0
39.8
16.2
44.1
107.3
41.0
16.3
44.8
107.2
40.8
16.6
45 7
152.4
163.3
175.9
188.1
148.7
150.8
153.9
156.3
159.2
162.1
164.6
167.3
170.4
174.2
177.8
181.2
183.5
186.3
189.8
192.9
55.4
23.1
11.4
62.5
59.3
24.3
11.6
68.1
63.6
25.7
12.6
74.0
67.1
27.0
13.6
80.4
54.0
23.0
11.3
60.5
55.0
22.7
11.4
61.7
55.8
23.5
11.5
63.0
56.8
23.3
11.6
64.6
57.7
23.8
11.6
66.1
58.8
24.3
11.5
67.5
59.8
24.5
11.7
68.7
60.8
24.5
11.8
70.2
61.9
24.7
12.0
71.8
63.2
25.5
12.5
73.1
64.2
26.1
12.8
74.7
66.2
26.1
13.2
78.0
66.5
26.9
13.5
79.4
67.4
27.4
13.7
81.3
68.5
27.7
14.0
82.7
378.3 381.5
65.3
26.5
13.1
76.3
Table 2.4.—Personal Consumption Expenditures by Major Type: Not Seasonally Adjusted
[Billions of dollars]
1964
1963
Personal consumption expenditures
Durable goods
-
______
Automobiles and parts _ _ - _ _ __ _
Furniture and household equipment
Other
Nondurable goods
Food and beverages
Clothing and shoes
Gasoline and oil.
_
Other
- ._
_
Services
Housing
_ _ _ _ _
Household operation
Transportation
Other _.
_ _ _ _
II
III
IV
I
II
III
IV
99.3
105.9
106.2
121.6
110.1
115.5
115.5
124. 9
14.6
16.2
15.2
20.1
16.1
17.4
16.6
20.2
7.3
5.6
1.7
8.1
6.1
2.0
6.5
6.7
1.9
7.9
8.6
3.5
7.6
6.0
2.5
7.9
6.9
2.6
6.6
7.5
2.5
7. 7
9.5
3.0
I
II
III
IV
I
II
III
IV
I
87.3
92.2
92.0
103.5
93.5
98.3
98.7
110.7
11.6
13.5
12.4
16.3
13.0
15.1
14.0
17.1
6.8
5.1
1.6
5.3
5.6
1.6
6.6
6.8
2.9
6.2
5.3
1.5
7.3
5.9
1.9
6.1
6.2
1.8
6.2
7.6
3.3
5.6
4.7
1.3
IS 66
1965
38.1
41.0
41.2
48.4
40.3
42.7
43.8
51.9
41.8
46.3
46.7
56.4
47.6
51.5
51.6
56.7
20.7
5.9
3.0
8.4
22.0
7.5
3.4
8.1
22.6
6.9
3.6
8.1
22.9
10.3
3.4
11.7
21.7
6.7
3.2
8.7
22.9
7.8
3.6
8.4
24.0
7.5
3.7
8.6
24.4
11.5
3.5
12.5
22.5
6.7
3.2
9.3
24.4
8.7
3.9
9.3
25.4
8.0
4.0
9.2
26.7
12.6
3.9
13.2
24.6
8.0
3.6
11.4
26.7
9.7
4.2
11.0
27.6
9.5
4.3
10.2
27.8
13.1
4.1
11.7
37.5
37.7
38.4
38.8
40.2
40.5
40.9
41.8
43.0
43.5
44.3
45.1
46.4
46.6
47.3
47.9
14.0
5.3
3.0
16.1
14.2
5.7
2.9
15.9
14.4
6.8
2.7
16.3
14.7
5.9
2.9
17.0
15.0
5.6
3.0
17.2
15.2
6.0
3.0
17.6
15.4
7.1
2.9
17.6
15.8
6.1
3.2
18.4
16.2
5.9
3.3
18.9
16.3
6.5
3.3
19.1
16.5
7.5
3.1
19.2
16.6
6.5
3.5
20.0
17.0
6.3
3.5
20.5
17.1
6.8
3.5
20.6
13.5
6.6
2.6
14.8
13.7
5.5
2.9
15.5
SURVEY OF CURRENT BUSINESS
July 1967
23
Table 2.5.—Personal Consumption Expenditures by Type of Product
[Millions of dollars]
1963
I. Food ! and tobacco
__ _
1. Food purchased for off-premise consumption
(n.d.c.)
2. Purchased meals and beverages (n.d.c.)
3. Food furnished government (including military) and commercial employees (n.d.c.)
4. Food produced and consumed on farms (n.d.c.)
5. Tobacco products (n.d.c.)
II. Clothing, accessories, and jewelry
1. Shoes and other footwear (n.d.c.)
2. Shoe cleaning and repair (s.)
3. Clothing and accessories except footwear
a. Women's and children's (n.d.c.)
_
b. Men's and boys' (n.d.c.)
4. Standard clothing issued to military personnel
(n.d.c.) -.
68 385
17 545
71 926
18 766
76 566
20 040
82 128
21 932
1 350
1 376
1 488
1 752
7,776
7,863
8,400
8 769
37, 049
40 431
43, 502
48 406
4,838
5,191
5,368
313
6 050
'323
952
IV. Housing
1. Owner-occupied nonfarm dwellings—spacerental value (s.)
.
2. Tenant-occupied nonfarm dwellings (including lodging houses)—space rent (s.)
3. Rental value of farmhouses (s.)
4. Other (s.)..
V. Household operation.
. . ..
1. Furniture, including mattresses and bedsprings (d.c.)
2. Kitchen and other household appliances
(d.c.).._
3. China, glassware, tableware, and utensils
(d.c.)
4. Other durable house furnishings (d.c.)
870
858
865
260
288
25, 735
16, 709
9 026
28 244
18,338
9 906
30, 611
19, 830
10 781
34 067
22 113
11 954
64
64
76
168
457
1. Toilet articles and preparations (n.d.c.)
2. Barbershops, beauty parlors, and baths (s.)
1966
115,446
2,397
III. Personal care..
1965
96, 008 100, 801 107, 352
5. Cleaning, dyeing, pressing, alteration, storage, 1
and repair o garments including furs (in [ 3,298
shops) not elsewhere classified (s.)
1
6. Laundering in establishments (s.)
7. Jewelry and watches (d.c.)
8. Other (s.)
1964
3,526
2,638
480
3,778
3,966
2,838
3 283
518
549
6,530
7 065
7 690
8 215
3,640
2,890
3,898
3,167
4,323
3,367
4,690
3,525
55 410
59 298
63 649
67 135
37, 095
39, 337
41, 725
44 087
14, 435
2,153
1 727
15, 857
2,215
1 889
17, 578
2 289
2 057
18, 529
2 308
2 211
54,127
58, 046
61 793
66 658
5 808
6 250
6 822
5 126
5 244
5 742
6 023
6 764
2 108
5 164
2 330
5,712
2 524
6 114
2 774
6 678
3,369
3,782
4,167
4,666
3,950
1 277
4,088
1 365
4,230
1 423
4,497
1 628
16, 096
5 960
3 770
1,596
4,770
16, 861
6 294
3 939
1,678
4,950
17, 860
6 618
4 085
1,785
5,372
18 907
7 041
4 178
1,875
5 813
5,509
3 824
2 460
5,914
3 909
2 535
6,453
3 964
2 785
6,929
4 028
2 965
23 340
25 803
28 266
31 250
1. Drug preparations and sundries (n.d.c.)
2. Ophthalmic products and orthopedic appliances (d.c.)
3. Physicians (s.)
4. Dentists (s.)
4,137
4,331
4,683
5,062
936
6 413
2 307
1 056
7 044
2 623
1 205
7 713
2 835
1 573
8 281
3 043
5. Other professional services (s.)
6. Privately controlled hospitals and sanitariums
(s.)
7. Health insurance..
a. Medical care and hospitalization (s.)
b. Income loss (s.)
1,142
1,245
1,382
1,531
6 751
1,654
1 074
7 729
1,' 775
1 151
8 488
1,960
1 272
9 650
2 110
5. Semidurable house furnishings (n.d.c.)
6. Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d.c.)
7. Stationery and writing supplies (n.d.c.)
8. Household utilities
a. Electricity (s.)
b. Gas (s.)
c. Water and other sanitary services (s.)
d. Other fuel and ice (n.d.c.)
9. Telephone and telegraph (s.) ..
10. Domestic service (s.)
11. Other (s.)
VI. Medical care expenses.
_
.___..
_ _
VII. Personal business
1. Brokerage charges and investment counseling
(s.)
2. Bank service charges, trust services, and safedeposit box rental (s.)
580
18 422
624
20 055
1964
1965
6,229
4,528
2,245
1,669
1,145
6,915
4,865
2,432
1,712
1,227
7,569
5,193
2,631
1,755
1,326
8,262
5,628
2,850
1,830
1,443
49, 140
51, 437
57, 608
59, 645
1966
VII. Personal business— Continued
3. Services furnished without payment by financial intermediaries except insurance companies (s.)
_ - - .
4. Expense of handling life insurance (s.)
5 Legal services (s.)
6. Funeral and burial expenses (s.)
7. Other (s.)
VIII. Transportation
1. User-operated transportation
45, 695 47, 842 53, 810
a. New cars and net purchases of used cars
(d.c.)
21, 549 22, 822 26, 763
b Tires, tubes, accessories, and parts (d.c.)
2 707
3 155
2 946
c. Automobile repair, greasing, washing,
parking storage and rental (s )
5 591
5 590
6 080
d. Gasoline and oil (n.d.c.)
13, 457 14, 023 15, 094
e Bridge tunnel ferry and road tolls (s )
344
381
427
f. Automobile insurance premiums less
claims paid (s.)
. _ . _ 2,047 2,080 2 291
2 Purchased local transportation
a Street and electric railway and local bus
(s.)
_
b Taxi cab (s.)
c Railway (commutation) (s )
3 Purchased intercity transportation
a. Railway (excluding commutation) (s.)
b. Intercity bus (s.)
c. Airline (s.)
d. Other (s.) .
IX. Recreation
1 Books and maps (d c )
2. Magazines, newspapers, and sheet music
(n d.c.)
3 Nondurable toys and sport supplies (n d c )
4 Wheel goods durable toys sport eouipment
boats, and pleasure aircraft (d.c.)
5. Radio and television receivers, records, and
musical instruments (d.c.)
6 Radio and television repair (s )
7. Flowers, seeds, and potted plants (n.d.c.)
8. Admissions to specified spectator amusements,
a IMotion picture theaters (s )
b Legitimate theaters and opera and entertainments of nonprofit institutions
(ex< ei t athleti s) (s )
c. Spe tat'^r sports (s.)
9. Clubs and fraternal organizations except insurance (s.)
10 Commercial participant amusements (s )
11. Pari-mutuel net receipts (s.)
12 Other (s.)
55, 607
26, 280
3,534
6 555
16, 220
458
2,560
1 977
1 988
2 017
2 077
1,252
1,261
1 274
1,302
607
136
635
140
1 607
262
326
1 781
246
343
1 161
1 961
239
359
1,332
595
130
1 468
268
316
853
31
593
134
986
33
31
31
22, 213
24, 571
26, 386
28,673
1 620
1 969
2 049
2 350
2 521
2 986
2 735
3 174
2 844
3 408
2 995
3 690
2,538
2,805
2,985
3,364
4,539
5,409
6 110
1 032
976
6,902
1 114
1,063
1,846
929
906
842
954
870
1,692
904
1,762
913
1,811
927
446
342
484
365
495
389
808
854
1 443
879
1 486
1 692
1 859
1 512
'734
2 046
626
694
533
384
847
1 540
765
2 197
4 736
5 199
5 gig
6 667
2 128
1,623
985
2 403
1,733
1,063
2 856
1,837
1,223
3 372
1,905
1,390
5 262
5 678
5 972
6 475
2 745
2 837
3 150
3 384
1. Foreign travel by U S residents (s )
2. Expenditures abroad by U.S. Government
personnel (military and civilian) (n d c )
2 840
2 988
3 334
3,582
1 170
1 300
1 410
1 590
foreigners (s )
4. Less: personal remittances in kind to foreigners
(n d c )
1 133
1 318
1 449
1 644
132
133
145
144
374 982 401 221 433 102
465 946
X Private education and research
1 . Higher education (s )
2. Elementary and secondary schools (s.)...
3. Other (s.)
XI Religious and welfare activities (s )
XII Foreign travel and other net
Total personal consumption expenditures
688
21 818
23 992
1,421
1,614
1,950
2 465
1,185
1 290
1 394
1 514
1. Expend tures for food (items 1-4) include consumer expenditures for alcoholic beverages
of the following amounts in millions of dollars: 1963, $11,720; 1964, $12,410; J965, $12,955 and
1966, $13,705. Expenditures for food excluding alcoholic beverages are as follows in millions of
dollars: 1963, $76,512; 19o4, $80,528; 1965, $85,997; and 1966, $92,972.
1963
Durable commodities (d.c.)
66, 016
70, 324
Nondurable commodities (n.d.c.)
168, 632 178, 683 191, 192
207, 501
Services (s )
152 422 163 301 175 894
188 121
53,928
59,237
NOTE.—Consumer durable commodities are designated (d.c.), nondurable commodities
(n.d.c.), and services (s.) following group titles.
24
SUKVEY OF CUEEENT BUSINESS
July 1967
Table 2.6.—Personal Consumption Expenditures by Type of Product in Constant Dollars
[Billions of 1958 dollars]
Personal consumption expenditures *
Durable goods _
_- _
Autos a n d parts
____ _
New cars and net purchases of used cars
Tires, tubes, accessories, and parts
__
_ __
Furniture and household equipment
1963
1964
1965
1966
353.3
373.7
398.4
418.0
53.7
59.0
66.4
71.3
24.1
25.6
30.1
30.5
21.2
2.9
22.5
3.1
26.8
3.3
26.8
3.7
22.3
25.2
27.5
30.5
5.0
5.8
5.6
6.4
6.0
6.9
6.4
7.9
7.1
7.8
8.3
8.9
4.4
5.4
6.3
7.3
7.3
8.2
8.8
10.3
.9
1.0
1.1
1.4
Furniture including mattresses and bedsprings
Kitchen and other household appliances
China, glassware, tableware, and utensils, and other
durable house furnishings
Radio and television receivers, records, and musical
instruments
Other durable goods
Ophthalmic products and orthopedic appliances
Wheel goods, durable toys, sport equipment, boats,
and pleasure aircraft
2.4
2.7
2.9
3.3
162.2
170.3
178.9
187.7
85.2
88.7
92.3
95.1
Food purchased for off-premise consumption
Purchased meals and beverages _ _
Food furnished government (including military) and
commercial employees, and food produced and
consumed on farms
67.0
15.7
69.8
16.6
72.6
17.4
74.3
18.4
2.4
2.3
2.3
2.4
Addenda: Food excluding alcoholic beverages
Alcoholic beverages
74.2
11.0
77.1
11.6
80.2
12.1
82.5
12.6
29.1
31.6
33.6
36.4
4.4
16.1
4.7
17.6
4.8
18.8
8.6
9.3
Nondurable goods
Food and beverages
Clothing and shoes
Shoes and other footwear
_
"Women's and children's clothing and accessories
Men's and boys' clothing and accessories, and standard clothing issued to military personnel
Other nondurable goods
1
1964
1965
1966
Other nondurable goods — Continued
Other fuel and ice
Drug preparations and sundries
Nondurable toys and sport supplies _
Services
Housing
- -
Owner-occupied nonfarm dwellings —space-rental
value _
Tenant-occupied nonfarm dwellings (including
lodging houses) — space rent
Rental value of farmhouses
Household operation services
Electricity _ _
__
Gas
Water and other sanitary services
Telephone
_ _ _
Domestic service
_
. ._
Transportation services
User-operated transportation services
Purchased local transportation
Street and electric railway and local bus
_.
_.
Purchased intercity transportation.- _
Railway (excluding commutation) . _ _ _
Intercity bus
Airline
Other services
_ _ _ --
-
4.5
4.2
3.0
4.7
4.4
3.2
5.0
4.8
3.4
5.3
5.2
3.7
137.4
144.4
153.2
159.1
51.8
54.8
58.2
60.5
34.8
36.5
38.4
40.0
13.5
1.9
14.7
1.9
16.2
1.9
16.8
1.8
21.2
22.1
23.3
24.4
5.8
3.4
1.4
5.3
3.3
6.1
3.5
1.4
5.7
3.2
6.5
3.6
1.5
6.3
3.1
6.9
3.7
1.5
6.9
3.0
10.3
10.4
10.9
11.4
7.4
1.7
1.1
7.4
1.6
1.0
7.7
1.6
1.0
8.1
1.6
1.0
1.3
.3
.3
.7
1.4
.3
.3
.9
1.6
2
!3
1.0
1.7
.2
'.3
1.2
54.1
57.0
60.7
62.7
.2
.2
.3
.3
5.1
20.5
Shoe cleaning and repair
Cleaning, dyeing, pressing, alteration, storage and
repair of garments including furs, and laundering,
in establishments
3.0
3.1
3.3
3.3
10.0
10.8
Barbershops, beauty parlors, and baths
2.6
2.8
2.8
2.8
15.0
Medical care services
Physicians
Dentists
15.5
5.5
2.0
16.8
5.8
2.3
17.9
6.2
2. 4
18.5
6.3
2.5
5.2
1.4
5.6
1.3
6.2
1.3
6.4
1.2
13.0
13.6
14.2
34.9
36.5
38.7
41.2
7.0
3.6
3.3
7.0
3.8
3.6
7.2
4.2
4.0
7.2
4.7
4.4
3.9
4.1
4.2
4.4
Tobacco products
Toilet articles and preparations
Semi durable house furnishings
Cleaning and polishing preparations, and miscellaneous household supplies and paper products _
1963
_-.
Services furnished without payment by financial intermediaries except insurance companies
Admissions to specified spectator amusements
Totals and subtotals include items not shown separately.
3.—Government Receipts and Expenditures
Table 3.1.—Federal Government Receipts and Expenditures
[Millions of dollars]
1963
1964
1965
114,520 115,037 124,817
Receipts
143,198
Personal tax and nontax receipts
51 471
48 604
53 806
61 738
Total receipts before refunds
Income taxes
Estate and gift taxes
Nontaxes
57, 203
54,882
2,264
54, 742
52, 089
2,595
58, 930
56, 029
2,849
67, 929
64, 795
3,080
57
Less* Tax refunds
58
52
54
5, 732
6,138
5,124
6,191
Corporate profits tax accruals
24, 640
26, 440
29, 305
32, 276
Indirect business tax and nontax accruals
15 318
16 148
16 523
15 904
15, 577
13, 771
3,500
2,116
8,155
1,283
16, 402
14, 375
3,711
2,069
8,595
1,328
16, 791
14, 089
3 822
2,105
8,162
1,706
699
996
16, 245
13, 187
4 113
2,149
6,925
1,955
1,103
259
254
268
341
23,091
23, 845
25, 183
33, 280
Total accruals before refunds
Excise taxes
Liquor
Tobacco
Other
Customs duties
Nontaxes
Less: Tax refunds.
_
Contributions for social insurance
- .
.
523
1963
1966
1964
1965
113,857 118,079 123,374
Expenditures
1966
142,855
66, 773
77, 034
25, 261 27, 148 28,459
Compensation of employees
_. _
Structures (excluding construction force account compensation)
. .- 3,762 3,653 3,689
35, 221 34, 365 34, 625
Other purchases
-
32, 665
64, 244
Purchases of goods and services
Addendum: Construction force account compensation _.
Transfer payments
To persons
To foreigners (net)
-
Grants-in-aid to State and local governments
Net interest paid
242
29, 140
26, 961
2,179
. .
_.
.
Subsidies less current surplus of government enterprises-Surplus or deficit (— ), national income and product
accounts
65, 166
3,614
40, 755
245
237
29,932 32,431
27, 767 30, 265
2,165 2,166
36, 012
33, 734
2,278
238
9,143
10, 431
11, 158
14,821
7,740
8,321
8,698
9, 542
3,590
4,229
4,314
5,446
663 -3,042
1,443
343
SUEVEY OF CUEEENT BUSINESS
July 1967
25
Table 3.2.—Federal Government Receipts and Expenditures: Quarterly
[Billions of dollars, seasonally adjusted at annual rates]
19 63
Receipts
Personal tax and nontax receipts
__
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contibutions for social insurance
1966
1965
1964
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
112 0
113 9
115 0
117 2
115 3
112 2
115 4
117 2
123 4
124 9
123 4
127 6
137 0
141.6
145 6
148 6
63.1
32.4
16.2
34.0
65.2
32.3
16.3
34.7
51.1
23 2
15.1
22.6
51.3
24 4
15 2
23.0
51.4
24 9
15.4
23.2
52.0
26 0
15 6
23.5
50.4
25 9
15 6
23.3
46.2
26 2
16 1
23 6
48 0
26 9
16 4
24.1
49.7
26 7
16.5
24.4
52.9
28 3
17.5
24.7
54.5
28 9
16.5
24.9
53.3
29 0
15.7
25.3
54.6
30 9
16.3
25.8
57.7
32 2
15.2
31.9
60.9
32.2
15.9
32.5
114.4
112.1
113.8
115.1
117.8
118 5
118.1
117.8
118.9
119.9
126.6
128.0
134.8
138.4
146.3
151.9
65.0
51.2
13.8
63 4
50.5
12.9
64.2
51.0
13.2
64 4
50.3
14.1
65.0
50.5
14.5
66 0
50.7
15.3
65 2
49.8
15.4
64.5
48.9
15.5
64.3
48.4
15.9
65.4
49.2
16.2
67.6
50.3
17.3
69.8
52 A
17 A
72.1
55.1
17.1
74.9
58.4
16.6
79.5
63.0
16.6
81.5
65.6
15.9
_ __
29.6
27.6
2.1
28.6
26.5
21
29.0
26.7
2.3
29.3
27.1
22
30.4
28.3
21
29.8
27.5
2 3
29.7
27.6
22
29.8
27.7
21
31.3
29.2
2 0
30.9
28.4
2.4
34.7
32.5
22
32.9
30.9
2.0
35.2
32.5
2.8
34.1
31.9
2.3
35.9
33.7
2.2
38.8
36.9
1.9
Grants-in-aid to State and local governments
Net interest paid
Subsidies less current surplus of government en-
8.6
7.5
8.9
7.6
9.4
7.8
9.7
80
10.1
8.2
10.4
82
10.5
84
10.7
8.5
10.4
8.6
10.7
8.6
11.3
8.7
12.2
8.9
13.8
9.1
14.6
9.4
15.3
9.6
15.6
10.0
36
35
^ 5
37
53
6 0
59
Surplus or deficit (— ), national income and
product accounts. _ _ _
-2.4
1.8
1.2
2.1
3.2
-.7
Expenditures
_
Purchases of goods and services
National defense
Other
-.
Transfer payments _ _ _ _ _ _
To persons
To foreigners (net)
-2.5
-2.7
-6.3
-.6
4.5
4.9
-3.2
-.4
2.2
-3.3
Table 3.3—State and Local Government Receipts and Expenditures
[Millions of dollars]
1964
1963
Receipts
Personal tax and nontax receipts
Income taxesDeath and gift taxes. __
-_Motor vehicle licenses
Property taxes.
Other taxes
Nontaxes
-
_ _•_
______
_ _ _ _ _ _ ___ _
Corporate profits tax accruals.
- - - -
Indirect business tax and nontax accruals
Sales tax
State
General. ___ _ _ _
Gasoline
Liquor _
Tobacco.
Local
Motor vehicle licenses
Property taxes
__
Other taxes
Nontaxes
1965
1964
1963
1966
1965
1966
63,390
69,461
75,140
84 656
Receipts— Continued
9,412
3 392
637
917
678
228
3 560
10, 762
3,978
729
976
727
255
4,097
11, 770
4 417
781
1 037
777
252
4,506
13, 473
5 422
830
1 136
820
265
5 000
Contributions for social insurance
3,777
4,100
4,486
4,886
Federal grants-in-aid
9,143
10, 431
11, 158
14,821
62,204
67,785
73,917
81,750
1,684
2,053
2,270
63, 529
35, 873
69, 631
39, 347
77, 225
43, 934
1,905
58, 240
32, 859
42,263 45, 673
14, 331 15, 886
12.681 14 132
7,293
6,376
4 192
4 468
887
946
1,226
1,425
1 650
1 754
929
988
21, 623 23, 099
4,248
4,565
1 132
1,135
49, 206
17, 734
15, 782
8,476
4 720
1 008
1,578
1 952
1 088
24, 304
4,871
1 209
15, 491
9,890
383
16, 849
10, 807
395
18, 632
11, 652
433
20,601
12,690
478
6,028
6,469
6,890
7,497
774
688
479
316
39, 374
13 272
11 758
5,775
3 968
831
1,184
1 514
871
20, 226
3,983
1,022
Expenditures
Purchases of goods and services
Compensation of employees
Structures (excluding construction force account compensation)
_ _
_ _ _
Other purchases
Addendum* Construction force account compensation
Transfer payments to persons
Net interest paid
Less* Current surplus of government enterprises
Surplus or deficit ( — ), national income and product
accounts
2 838
2 901
3 083
3,288
1,186
1,676
1,223
2,906
Table 3.4.—State and Local Government Receipts and Expenditures: Quarterly
[Billions of dollars, seasonally adjusted at annual rates]
1963
Receipts Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals __
Contributions for social insurance _ . Federal grants-in-aid
Expenditures
_
_ _ _ _ _ _ _
Purchases of goods and services
Transfer payments to persons. _
Net interest paid
.
Less: Current surplus of government enterprises. _
Surplus or deficit (— ), national income and
product accounts
19 56
1985
1964
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
61.7
62.7
63 9
65 3
67 3
68 8
70 4
71 4
72 4
74 1
76 2
77 8
81 1
83.6
86.0
87.9
9.2
1.6
38.7
3.7
86
9.3
1.7
39.0
3.7
8.9
95
17
39.5
3.8
9 4
9 7
18
40.2
3.9
97
10 3
19
41.0
4.0
10 1
10 6
19
41.8
4.1
10 4
11 0
19
42.8
4.1
10 5
11 2
1.9
43.4
4.2
10 7
11 4
20
44.3
4.3
10 4
11 7
20
45.2
4.4
10 7
11 9
20
46.4
4.5
11 3
12 1
2.2
46.7
4.6
12.2
12 7
2.3
47.7
4.7
13 8
13.1
2.3
48.7
4.8
14.6
13.7
2.3
49.8
4.9
15.3
14.3
2.3
50. G
5.0
15.6
60.9
61.5
62.6
63.8
65 6
67 5
68 5
69.6
71.3
72.8
74.7
76.8
78.8
80.6
82.7
84.9
56 9
5.9
.8
2.8
57.5
6.0
.8
2.8
58.7
6.0
.8
2.9
59.8
6.1
.7
2.9
61 4
6.3
.7
2.9
63 2
6.4
.7
2.9
64.3
6.5
.7
2.9
65.3
6.6
.6
3.0
66 9
6.8
.6
3.0
68.6
6.8
.5
3.1
70.4
6.9
.5
3.1
72.5
7.0
.4
3.2
74.3
7.3
.4
3.2
76.2
7.3
.3
3.3
78.1
7.6
.3
3. 3
80.2
7.8
.3
3.4
8
1.2
13
1.4
17
13
19
18
12
12
15
11
2.4
2.9
3.3
3.0
SUKVEY OF CUEEENT BUSINESS
26
July 1967
Table 3.5.—Federal Government Receipts and Expenditures: Not Seasonally Adjusted
[Billions of dollars]
1963
1965
1964
1966
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
27 6
32 6
27 7
26 6
28 2
33 0
27 7
26 1
30 2
36 6
29 7
28 3
33 6
41 3
35 3
32 9
11.8
5.4
3.5
7.0
14.9
6.4
4.1
7.1
12.9
61
3.6
5.1
11.8
68
41
3.9
11.4
61
35
73
14.6
68
43
7.3
12.0
66
39
5.2
10.7
7 0
44
4.1
11.8
6 7
4 2
75
16.9
75
4 5
7.7
13.4
70
37
5.5
11.7
80
41
4.5
13.3
76
35
9.1
19.0
83
4 4
9.6
15.5
80
39
8.0
13.9
83
41
6.6
27.9
27.3
28 9
29 7
28 9
29 3
29 7
30 2
28 9
29 6
31 6
33 3
32 8
34 2
37 7
38 1
15.7
12.4
3.3
15.4
12.9
2.5
16.0
12.5
3.5
17.1
12 9
4.2
15.9
12 2
3.6
16.6
13 3
3.4
15.8
12 1
3.7
16.8
12 4
4.5
15.4
11 7
3.7
16.2
12.6
3.6
16.2
12.0
4.3
18.9
13.8
5.1
17.5
13 4
4.1
19.1
15.3
3.8
19.7
15 4
4.3
20.8
16.4
4.4
7.6
7.1
.5
7.2
6.7
.6
7.1
6.5
.5
7.2
6.6
.6
78
7.3
.5
75
6.9
.6
7.3
6.8
.5
74
6.9
.5
80
75
.5
78
7.1
.6
84
7.9
.5
82
7.7
.5
89
8.2
.7
85
7.9
.6
89
8.4
.5
9.7
9.3
.5
Grants-in-aid to State and local governments
2.0
2.0
2.6
2.6
2.3
2.4
3.0
2.8
2.4
2.7
3.0
3.0
3.1
3.5
4.1
4.0
Net interest paid
1.9
1.9
2.0
2.0
2.1
2.0
2.1
2.1
2.2
2.2
2.2
2.2
2.3
2.3
2.4
2.5
Subsidies less current surplus of government
enterprises
.7
.8
1.3
.8
.9
.8
1.5
1.0
.9
.7
1.7
.9
1.0
.8
2.6
1.1
Surplus or deficit (— ), national income and
product accounts
.
-.2
5.3
-3.1
-.7
3.7
-2.0
1.4
7.C
.8
7.1
-2.3
-5.2
IV
Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance. _
Expenditures
Purchases of goods and services
National defense
Other
.
Transfer payments
To persons
To foreigners (net) . _
.
._
-1.3
-4.0
-1.9
-5.0
IV
Table 3.6.—State and Local Government Receipts and Expenditures: Not Seasonally Adjusted
[Billions of dollars]
1963
Receipts...
1964
1966
1965
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
14.5
15.8
14.6
18.5
16.0
17.1
16.3
20.1
17.0
18.7
17.5
21.9
19.3
21.8
19.8
23.7
2.9
.4
3.1
.5
2.3
.5
2.5
.5
3.0
.5
3.4
.5
2.6
.5
2.8
.6
3.4
.5
4.0
.6
3.0
.6
3.2
.6
Personal tax and nontax receipts
Corporate profits tax accruals
2.5
.4
2.8
.4
2.0
.4
2.2
.5
Indirect business tax and nontax accruals
Contributions for social insurance. _
8.8
.9
9.6
.9
8.7
1.0
12.3
1.0
9.4
1.0
10.1
1.0
9.6
1.0
13.2
1.1
10.1
1.1
10.9
1.1
10.3
1.1
14.4
1.2
11.1
1.2
12.6
1.2
10.9
1.2
14.7
1.3
Federal grants-in-aid
2.0
2.0
2.6
2.6
2.3
2.4
3.0
2.8
2.4
2.7
3.0
3.0
3.1
3.5
4.1
4.0
Expenditures
_..
Purchases of goods and services
Transfer payments to persons
Net interest paid
Less: Current surplus of government enterprises..
Surplus or deficit (— ), national income and
product accounts
14.1
15.5
16.5
16.0
15.4
17.1
18.0
17.3
16.7
18.5
19.6
19.1
18.6
20.4
21.6
21.2
13.1
1.5
14.5
1.5
15.6
1.5
15.0
1.5
14.3
1.6
16.0
1.6
16.9
1.6
16.3
1.7
15.6
1.7
17.4
1.7
18.6
1.7
18.1
1.8
17.5
1.8
19.3
1.8
20.4
1.9
20.0
2.0
.2
.7
.2
.7
.2
.7
2
.7
2
.7
.2
.7
.2
.7
.2
.7
.l
.8
.1
.8
.1
.8
.1
.8
.1
.8
.1
.8
.1
.8
.1
.8
.4
.3
2.5
.7
.0
2.7
.3
.2
-2.1
2.8
.8
1.4
-1.9
-1.7
-1.8
2.5
SURVEY OF CURRENT BUSINESS
July 1967
27
Table 3.7.—Social Insurance Funds
[Millions of dollars]
1963
1964
1965
1966
24, 603
25,495
26, 997
35, 373
23, 091
23, 845
25, 183
33, 280
Personal contributions
10, 234
10, 782
11, 476
15,743
Personal contributions
Employer contributions
Government and government enterprises
Private
12 857
1,991
10, 866
13 063
2 174
10, 889
13 707
2 248
11, 459
17 537
2,635
14, 902
Employer contributions
Government and government enterprises
Private - -
1,512
1,650
1,814
2,093
22,280
22,789
24,743
27, 675
21, 355
21, 814
975
23, 660
1,083
26, 447
1,228
2,706
2,254
7,698
Federal
Receipts
Contributions f o r social insurance
Investment income
1963
1964
1965
1966
State and local
. _ _
.
Expenditures
Benefit payments
Transfers to general government
_ _ _
Surplus or deficit
925
2,323
Receipts
Contributions for social insurance _
Investment income
.
_ _
__._
4,783
5,306
5,784
6,34
3,777
4,100
4, 486
4,88
1,589
1,752
1,952
2,12
2,188
2,180
2,348
2,340
2,534
2,525
2 76
2,75
1,006
1,206
1,298
1,46
2,011
2,214
2,397
2,60
1 979
2,179
2 360
37
2 56
' 8
2,772
3,092
3,387
3,74
8
.
Expenditures
Benefit payments
Transfers to general government
32
Surplus or deficit
8
35
9
Table 3.8.—Contributions for Social Insurance
Table 3.9.—Government Transfer Payments to Persons
[Millions of dollars]
[Millions of dollars]
Total contributions for social insurance
Employer contributions
Federal social insurance funds
__
Old-age, survivors, and disability insurance. ._
Hospital insurance. _ _ _ _ _ _
State unemployment insurance. _ __ _
Federal unemployment tax _
Railroad retirement insurance. __
Railroad unemployment insurance.. __ _
Federal civilian employee retirement systems.
Veterans life insurance (Government)
State and local social insurance funds
State and local employee retirement systems
Cash sickness compensation funds. _
Personal contributions
Federal social insurance funds..
Old-age, survivors, and disability insurance
Hospital insurance
Medical insurance _ _ _.
OASDHI self-employed
State unemployment insurance
__
Railroad retirement insurance
Federal civilian employee retirement systems. .
Veterans life insurance (Government) ^
State and local social insurance funds
State and local employee retirement systems
C ash sickness compensation funds
1963
1964
1965
26, 868
27, 945
29, 669
38 166
15 045
15 411
16 241
20 298
12, 857
7,496
13 063
7,853
13 707
8 415
3,034
3 059
3 077
17 537
11 130
1 Oil
2 993
838
287
156
1,038
8
2 188
2 180
8
542
305
154
1,141
9
2 348
2 340
8
1966
573
326
149
1,158
9
2 534
2 525
9
622
375
146
1 254
6
2 761
2 750
11
11 823
12 534
13 428
17 868
10 234
7 496
10 782
7 853
11 476
8 415
15 743
11 159
1 Oil
883
21
287
977
570
1 004
1 018
1 050
1,056
1,098
1 181
1 589
1,410
1 752
1 545
179
20
305
544
207
599
1 952
1 700
252
1963
1964
32, 989
34,236
37, 155
41,231
26 961 27 767
30 265
33, 734
21 814
16, 018
23 660
18,067
2,564
1,146
2,198
1,187
26 447
19, 786
1,019
1,797
1,250
Benefits from social insurance funds
21 355
Old-age, survivors, and disability insurance benefits.. 15, 245
Hospital and medical insurance benefits
State unemployment insurance benefits
2,823
Railroad retirement insurance benefits
1,118
Railroad unemployment insurance benefits
Federal civilian pensions. _.
Veterans life insurance. __ ._
State and local government
1966
99
78
60
39
1,260
1,383
1,518
1,871
4,881
143
5,131
120
5,534
75
5,601
123
1,563
810
Military pension, disability, and retirement payments.
Other veterans benefits. _
... .
_ _ __
Other
1965
582
625
702
630
996
685
6 028
6 469
6 890
7,497
Benefits from social insurance funds
Government pensions
Cash sickness compensation. __
1,979
1 750
2,179
1,930
2,566
2,305
229
249
2,360
2,100
260
261
20
375
Direct relief
Special types of public assistance. ..
General assistance _
3,631
3,354
3,801
3,531
270
4,296
4,048
277
3,980
3,720
260
248
630
Other
418
489
550
635
317
20
326
Total government transfer payments to persons
Federal Government.-
1
2 125
1 850
275
. ___
SURVEY OF CUREENT BUSINESS
28
July 1967
Table 3.10.-—Government Expenditures by Type of Function
[Millions of dollars]
1963
1964
1
1
i
Total
2
National defense
3
4
5
Space research and technology
7
General government
8
9
10
11
12
13
14
15
16
17
18
19
International affairs and finance
Conduct of foreign affairs and informational activities
Foreign economic assistance and other transfers
Education
-
Health and hospitals
Sanitation
23
Social security and special welfare services
32
33
34
35
36
37
38
39
Public assistance and relief
Unemployment benefits
Old age and retirement benefits
Other
Civilian safety
Police
Fire
Correction
Labor
Veterans benefits and services
Education training, and other benefits
Disability and pension allowances
Hospitals and medical care
Administration and other services
Commerce transportation, and housing
40
Regulation of commerce and finance
41
42
43
44
Transportation
Highways
Water
Air
45
Housing and community development
46
47
359
359
51,566 49,992 1,287
401 -114
399
399
69 -107
282
22
80
244
35
80
244
35
48,866 47,622 1,281
2,765 2,462
6
-65 -92
77 -114
297
27
81
269
49
81
269
49
2,648
477 2,165
5
1
477
5
1
482
2,166
168
1,151
428
80
642
1 26,518 26,325
193
28
37
363
24
168
395
337
419
343
299
20, 505 20, 505
I 4,925 4,925
1,088
895
193
1,014
374
88
551
1 23,941 23,773
341
299
374
25
34
29
287
264
315
59
18, 747 18,747
4,238 4,238
1 956
788
Urban renewal and community facilities
Public housing
16,938 13,146 3,855
56
306
18,348 14,373 4,033
5,355 5,334
1,692 1,750
636
58
6,063 2,051 4,012
2,836
2,922
16,689
744
2,830
2,922
328 16,361
72
356
5,610 1,774 3,836
3,074
2,642
17, 518
648
3 3,066
2,642
354 17, 164
222
99
327
6,063 2,051 4,012
63
63
63
622
216
20
6,210 1,370 4,831
171
3,843
172
3,844
817
1,187 1,181
190
188
6,544 2,080
85
316
63
817
386
(
]
4,384 4,384
2,320 2,320
1,203 1,203
861
861
58
58
58
422
422
674
251
31
18
18
12 3,826
955
85
3,499
3,433
4,917 1,188
3,500
67
590
442
827
679
65
83
148 -188
182
7,491 2,196
93
2
33 4,584
18
18
678 12,230 14,954
929
93
5,441 1,227
3,971
72
600
451
704
870
12
2,724
929
3,983
3,899
231 10,925 11,525
10,694 11, 139
84
104
127
161
225
600
445
57
98
449
33
602 -222
317
521
204
560
220 /I 524
338
234
215
33
257
345 -222 j 317
521
204
180 1,866
205
192
-144
601
119 1,073
1,686
-13
745
954
-49 1,570
161
178
481
-267
928
40
1,619
64
266
-202
148 -188
182
955
149
82
-17
748
888
582
1,891
12
r
862
184
144 -186 } 340
1,85
1
12
220
12
1,669 1,709
18
560
250
193
2,770
26
513
441
30
200
446
151
30
92
441
8
149
328 -186
40
36
263
267
374
340
12
122 3,309
49
6,141 1,450 4,683
559
416
92
51
443
2,810
62
806
359
2,664
230 10,434 10,993
10, 223 10,639
154
62
147
597
606
18
626 11,478 14,142
4,797 4,797
2,533 2,533
1,294 1,294
970
970
58
2
149
147
3,897
3,896 __
640
640
1,276 1,271
177
179
13
13
6
13
58
21
581 19,908 3,393
4,037
776
50
688
23,882
Other
Conservation and development of resources
Recreation
63
1,718
739 2,222
734
1
2,165
63 26,332 1,666 20,263 4,403
19
734
5,610 1,774 3,836
85
Natural resources
4,841 4,822
1,681 1,744
2,911
688
688 19,357 3,146
279
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other services
524
44
23,191
278
Agriculture and agricultural resources
249
774
50
3,432 3,432
1
562
6
662
-48 7,765 4,905 2,910
-48
564 1,984
6
2,179
62
62
2,504
774
562
425
667
59
11
868
542
218 1,385
-8 8,321
341
36
425 2,179
Postal services
60
61
|
|
868
542
1,603
8,313
391
431
2,180
1,435
44 11,717 1,961 9,742
3,163 3,163
2,611
52
55
56
57
58
-52 7,003 4,289 2,758
-52
Public utilities
Transit
Electricity
V^ater and gas
54
si
d Cu
"Sfe
11
23
4,629 4,606
19
33
1,187 1,187
470
470
1,442
175 1,267
7,375 -365 7,740 """§§
33
305
291
48
49
50
51
53
Transfer payments and net
interest paid
373 -107
25, 311 1,629 19, 626 4,056
21
22
28
29
30
31
I
49,258 48, 198 1,098
6
2,779 2,491
93
71
3,370 3,351
20
24
25
26
27
"o
52, 130 50,760 1,104
10,779 1,758 9,040
General administration
General property and records management
Central personnel management and employment costs
Net interest paid
Other
--_
-
Elementary and secondary
Higher
Other
1
113,857 64,244 36,880 9,143 3,590 62,204 58,240 6,802 2,838 118,079 65, 166 38,253 10,431 4,229 67, 785 63,529 7,157 2,901
Military services and foreign military assistance
Atomic energy development
Other
6
3
£
Subsidies less current surplus
of government enterprises
e
Grants-in-aid to State and
local governments
3
Transfer payments and net
interest paid
*0
Purchases of goods and
services
9
Less: Current surplus of
government enterprises
t3
State and local
Federal
1
I
I§
1
Subsidies less current surplus
of government enterprises
-3
!
Grants-in-aid to State and
local governments
"o
Transfer payments and net
interest paid
1
Transfer payments and net
interest paid
State and local
Federal
669
782
113
313
314
-1
-121
234
113
756
748
8
4,506
435
142 3,929
733
724
9
756
748
8
3,322 -153
41
69
692
235
312
423
3,475
W
426
31
111
733
724
9
1,698 1,765
67
1,898 1,955
161 -218
1,762 1,831
69
793
972
67
1,745 1,802
161 -218
700
769
1,062 1,062
69
726
972
153
153
SURVEY OF CURRENT BUSINESS
July 1967
29
Table 3.10.—Government Expenditures by Type of Function—Continued
[Millions of dollars]
1965
1966
1
2
3
4
5
Total.-.
Military services and foreign military assistance
Atomic energy development
Other
__
6
Space research and technology
General government
13
14
15
16
17
18
19
32
Labor
__
. _.
_ ___
__.
Commerce, transportation, a n d housing.. _ _ _ _ . _
41
42
43
44
Transportation
Highways.
Water.
Air
45
Housing and community development .
finance
_
52
Postal services
53
Other
._
Agriculture and agricultural resources
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other services
Natural resources
Conservation and development of resources
Recreation
-60 8,294 5,438 2,900
46
-60
2,650
478 2,166
5
1
483
2,167
478
5
1
1,274
430
106
737
406
446
422
31
32
367
51
324
413
55
___
852
. __ _
331
3,224
479
832
5,899 5,876
1,804 1,849
Less: Current surplus of
government enterprises
Transfer payments and net
interest paid
Purchases of goods and
services
Grants-in-aid to State and
local governments
Subsidies less current surplus
of government enterprises
-62 8,784 5,883 2,944
59
-62
2,861
569 2,286
5
1
582
2,279
569
8
2,278
5
231
3,401
448
323 2,629
1 34,086 33,785
301
231
1,274
1,558
569
45
52
351
214 1,015
1,505
109
109
25, 474 25, 474
1 6,993 6,993
1,619 1,318
301
19,926 15,755 4,216
702
59
1,043 1,043
613
613
2,024
151 1,873
9,506 -36 9,542
374
415
44
847 2,421
479
832
1 29,548 29,317
_
22, 526 22, 526
5,722 5,722
1,300 1,069
34
44 13,601 2,145 11,459
3,759 3,759
2,166
44
45 33,826 2,331 25,101 6,390
2,175
23
965
400
3,537
316
924
952 2,628
316
924
4 21,798 17,291 4,545
6,511 6,485
1,965 2,003
810
45
26
6,555 2,362 4,193
30, 578
997 24, 526 5,051
4 7,214 2,695 4, 519
3,370
2,258
19, 654
1,400
3,360
6,555 2,362 4,193
3,904
1,836
22,378
2,260
23 3,876
1,836
523 22, 055
469
612 1,175
7,214 2,695 4,519
2,258
400 19, 254
265
422
713
63
63
890
338
5,187
2,758
1,379
1,050
66
66
66
1,007
303
140
412
481
481
6,362 1,445 4,907
10
32
20
105
106
4,162
4,163
640
640
1,276 ~1~269
177
175
7,223 2,114
87
I
12
j
20
14 4,395
20
2,914
700 13,026 15,940
87
220 11, 436 12, 122
11, 202 11 713
141
103
168
79
241
131
625
346
13
513 —247
434
191
103
243
13
318
195 —247 } 384
384
686
511
65
110
138
287
288
—1
4,534
373
156 4,005
3,336 —258
74
46
217
636
488
368
3,594
28
36
383
120
8,064 2,375
5,834 1,431
92
4,249
664
540
799
921
712
411
579
195
520
192
135
276
333 2,106
265
220
—116
680
184 1,206
1,773
45
796
1 022
—161
99
785
775
785
775
1,891
260
—1
7
2
6 4,787
1,100
119
327
323
5,580
3,015
1 457
1 108
5,580
3,015
1,457
1,108
528
528
32
20
12
2
38
-1
20
12
12
20
3,116
896 13,653 16,769
1,298 1,298
91
195
579
727
865
11
91
1,034 1,034
1 3,883
3,826
j
57
529
2
161
159
4,015
4,013
690
690
1,325 1,318
200
201
12
12
175
6,392 1,520 4,862
38
4
66
5,187
2,758
1,379
1,050
43
1
827 21, 782 4,073
63
43
4,007 4,007
26, 682
5,359 1,255
3,908
82
615
473
836
700
.
Urban renewal and community facilities
Public housing
Public utilities
Transit
Electricity
Water and gas
46
1,027 1,027
624
624
1,678
158 1,520
8,674 -24 8,698
391
37
368
63
Education, training, and other benefits
Disability and pension allowances
Insurance
Hospitals and medical care _ __
Administration and other services
5,947 5,913
30
29,520 2,080 22,253 5,187
Veterans benefits and services
48
49
50
51
Transfer payments and net
interest paid
74
296
22
1,885
Regulation of commerce and
59
392
74
296
22
_ - _ _ .
40
60
61
392
75 -134
323
28
Public assistance and relief
Unemployment benefits
Old age and retirement benefits
Civilian safety
Police
Fire._ _
Correction
55
56
57
58
428 -134
60, 624 59, 178 1,505
2,390 2,059
8
-711 -739
Elementary and secondary
Higher.
Other
Social security and special welfare services
54
62r303 60,498 1,513
80
294
41
Education
23
46
47
415
80
294
41
Conduct of foreign affairs and informational activities
Foreign economic assistance and other transfers
Health and hospitals . _
Sanitation
39
415
86 -118
282
31
International affairs and finance
21
22
34
35
36
37
38
399 -118
5,592 5,562
Health, labor, a n d welfare.
33
51,789 50,080 1,428
General administration...
General property and records management
Central personnel management and employment costs
Net interest paid
Other
28
29
30
31
3
e
_ 49, 756 48, 366 1,422
2,407 2,119
6
-374 -405
12,394 2,153 10,255
20
24
25
26
27
13
1
123,374 66,773 41,129 11,158 4,314 73,917 69,631 7,369 3,083 142,855 77,034 45,554 14,821 5,446 81,750 77,225 7,813 3,288
National defense
7
8
9
10
11
12
1
Purchases of goods and
services
"o
EH
Less: Current surplus of
government enterprises
1
Transfer payments and net
interest paid
*o
Purchases of goods and
services
TO
Subsidies less current surplus
of government enterprises
1
State and local
Federal
State and local
Grants-in-aid to State and
local governments
Transfer payments and net
interest paid
Federal
190 11, 861 12, 629
11, 645 12,224
123
123
195
67
210
93
768
579
72
117
434
669
235
380
191 —275 } 434
669
235
262 2,078
199
268
611
—218
212 1,268
1,816
—69
829
1,056
—202
95
297
1 4,212
4 157
1
55
e
571 —275
981
4
10
4,063 -1,084
189 4,958
909
898
11
10
2,737 -1,782
53
74
685
231
414
567
2 4,517
21
420
34
153
909
898
11
2,036 2,058
193 -215
1,971
80
2,397 2,319
4
291 -217
2,096 2,187
91
1,860 1,888
170
176
744
187 —215
824
6
1 147 1,147
80
2,189 2,134
208
185
4
955
864
268 —217
1,232 1,232
23
91
SUKVEY OF CUREENT BUSINESS
30
July 1967
Table 3.11.—Government Purchases of Goods and Services by Object Classification
[Millions of dollars]
1963
Federal Government purchases of goods and services
National defense
Compensation of employees
Military
Civilian...,
Structures
Other _
AH other functions
Compensation of employees
Structures
Other
_ ._.
1964
1965
1966
1963
64,244
65,166
66,773
77, 034
50 760
19, 009
11 651
7,358
1 718
30 033
49 992 50 080
20, 346 21,211
12 623 13 133
7,723
8 078
1 352
1 193
28 294 27 676
60 498
24, 849
15 841
9 008
1 063
34 586
13, 484
6,252
2 044
5,188
15, 174
6,802
2 301
6 071
16, 536
7,816
2 551
6 169
16, 693
7,248
2 496
6 949
State and local government purchases of goods and
services.
_ _
_ _ _
Education
Compensation of employees
Structures
Other
All other functions
Compensation of employees
Structures
Other
._
1964
1966
1965
58, 240
63, 529
69, 631
77,225
23,773
17 124
3 402
3 247
26,325
18 919
3 726
3 680
29, 317
20 888
4 228
4 201
33, 785
23 625
5,271
4 889
34, 467
15, 735
12, 089
6 643
37, 204
16, 954
13, 123
7 127
40, 314
18, 459
14, 404
7 451
43, 440
20, 309
15,330
7 801
Table 3.12.—Relation of the Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Consolidated Cash Budget
[Billions of dollars]
C alenda r quar ers no t seasoilally a djustec 1
Fiscal years
19(54
19(53
1963
1964
1965
1966
19(55
19(>6
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
28 2
32 6
27 3
24 5
30 3
33 4
27 0
24 3
30 7
37 7
29 2
25.8
33 3
46.2
34.6
31 1
1
.i
o
o
o
o
o
1
.1
.1
.1
.1
.1
.1
.1
.i
1
.0
.1
.0
1
.0
.1
.1
.1
.0
.1
.0
.1
.0
.1
.0
.1
.1
.1
2
.1
.1
.3
5
5
6
— 4
q
5
—.6
5
— 5
.5
-.3
.6
-.3
.5
-.4
.6
—.4
.6
—.7
-.5
.6
—.4
2.1 — 1.7
2.3 -1.0
-3.3
1.7
2.2
4
o
— 2
— i
-.5
-. 1
.0
_ 9
9
Receipts
Federal receipts from the public— Consolidated cash
budget Less: Coverage differences:
District of Columbia
Other
109 7 115 5 119 7 134 5
3
1
Timing differences:
Corporate income tax
Federal and State unemployment insurance
taxes
Withheld personal income tax and social
security contributions
Excise taxes
Other
Miscellaneous. . _ _
Equals : Federal receipts— National income and product
accounts
_
._
.5
.1
3
.2
.3
1
1
1
o
.3
.3
.0
.0
.1
.1
.2
.0
.i
.0
19
2.3
2 0
2 2
—1.9 —1.9 —1 5 —2.0
5
—.4
5
— .5
5
—.4
5
—.6
.2
Plus: Netting differences:
Contributions to government employee retirement funds
Other
3
1
o
.7
Financial transactions
Miscellaneous
_ _ _
3
1
1.2
1.3
o
10
— . 7 —1.7
1
o
.2
-.2
1
o
1
1
1
o
o
o
o
o
o
o
o
.1
1.9 -1.3 — 1. 1
1.4
4
o
— 3
— i
.2
2
.0
.4
.0
.1
.1
— .1
.0
-.2
—.5
.0
.2
.2
.0
.0
.0
.0
.0
.0
.0
.0
.0
1
1.5
—.5
1 5
o
1
1
I
3
1
.0
2
-.5
—.2
.0
.1
2
.0
-.2
.0
3
— .5
_ 2
.4
o
-.6
1
.1
.1
1
— l
.1
.1
.1
.1
.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
110.2 115.5 120.6 132.9
27.6
32.6
27.7
26.6
28.2
33.0
27.7
26.1
30.2
36.6
29.7
28.3
33.6
41.3
35.3
32.9
113.8 120.3 122.4 137.8
26.5
29.1
31.0
30.6
28.7
30.1
30.9
30.6
28.3
32.6
33.1
34.0
34.6
36.2
41.3
38.8
.4
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
1
1
3
1
3
1
— 3
1
1.0
1
.5
.1
.2
.0
1.2
.1
.6
.1
-.5
.1
-.3
.1
.6
1.6
3
2.4
1.0
.2
.2
.2
1.8
.3
.4
.4
1.0
.0
_ i
1.1
— 1
o
.1
_ 2
o
o
o
1.3 — 1.4
-.2
.4
.0
.0
.0
Expenditures
Federal payments to the public— Consolidated cash
budget.
Less: Coverage differences:
District of Columbia..-_
Federal home loan banks and Federal land
banks
Other
Financial transactions:
Net lending
Net purchases of foreign currency
Timing differences:
Checks outstanding and certain other accountsMiscellaneous
. _.
_
.3
.3
.4
.1
.1
.1
.1
2
18
12
1 8 —1 1
8
1 i
1
6
1
.7
1.2
1.8
2.5
2.8
.4
.4
.7
—. 1
.9
r
-.1
.9
.1
-.9
.9
c
.1
.6
-
2
o
Plus: Netting differences:
Contributions to government employee retire-
9 3
19
2 2
2 0
-1.9 -1.9 -1.5 -2.0
Other . - - -_
Timing differences:
Increase in payables (net of advances) on pur-.8
-1.4
chases of goods and services
.8
.8
.9
Accrued interest less interest paid
.1
.0
.0
.0
On transfer payments. _
On subsidies less current surplus of govern.1
.4 -.1
ment enterprises
- __
Equals: Federal expenditures— National income and
products accounts
.3
i
.1
3
.2
.1
9
1.1
— £
.8
.0
-1.4
1.2
.4
.0
.8
.4
-.3
.0
.2
-.1
.0
.1
.1
.1
.0
.0
.0
9
-.1
.0
.1
-.6
_ g
-.4
6
-.3
.6
—. 4
-.6
-.3
— 3
-.3
.5
-.4
G.
-.4
.6
—. 7
.1
.1
2
-1.4
1.0
A
-.2
2
-.6
c
-.4
—.4
.0
_
5
f.
.1
.0
.0
G
1
111.4 116.9 118.3 131.9
27.9
(5
o
27.3
.0
2
28.9
.0
.0
r
.
1
o
29.7
28.9
.0
t-
.0
_
.0
2
.0
.0
.0
r
.1
.3
.
.1
—.5
.0
-.4
.1
.0
.0
— .2
i
.0
.0
.0
i
.1
— .i
(^
-.1
-.1
.1
.1
.1
.1
.3
-.3
ty
9
.1
3
.1
.1
2
2
.1
.0
.3
29.3
29.7
30.2
28.9
29.6
31.6
33.3
32.8
34.2
37.7
38.1
SURVEY OF CURRENT BUSINESS
July 1967
31
Table 3.13.—Relation of State and Local Government Receipts and Expenditures in the National Income and Product Accounts to Bureau
of Census Data: Fiscal Years
[Billions of dollars]
1963
1964
1963
1966
1965
1964
1966
1965
Receipts
Expenditures
State and local government revenue from own sourcesCensus
State and local government direct expenditures —Census.
74.7
80.6
86.6
94.9
65 7
71 5
76 7
84 5
Less: Excess of tax collections over accruals
—.2
_ 1
— 1
— i
Less: Operating expenditures and current surplus of
utilities and liquor stores
5.5
6.0
G. 4
6.6
Receipts of utilities and liquor stores
5.5
6.0
6.4
6.6
Receipts of other commercial activities
5.7
5.3
4.8
4.8
5.7
4.5
5.3
4.5
Operating expenditures and current surplus of
other commercial activities
Receipts of unemployment compensation funds
3.2
1.9
3.3
2.6
2.3
3.2
2.8
3.3
Unemployment compensation benefits
Interest received
2.2
3.1
2.2
2.6
1.8
2.6
3.1
1.8
.1
.1
.1
.1
Sale of land and capital gains
Plus: Government contributions to self-administered insurance funds
_ _ . . _ _ _
_ __
Federal grants-in-aid
Equals: State and local government receipts — National
income and product accounts .
1.6
1.7
1.8
2.0
8.3
10.0
11.0
13.1
60.7
66.9
72.0
80.9
Interest received _
__
. _ __ _
Purchase of land
1.3
1.4
1.5
1.7
Plus: Government contributions to self-administered insurance funds
1.6
1.7
1.8
2.0
Equals: State and local government expenditures— National income and product accounts
60.4
65.3
70.3
77.9
4.—Foreign Transactions
Table 4.1.—Foreign Transactions in the National Income and Product Accounts
1963
1964
1963
1964
1965
I
II
IV
III
I
Millions of dollars
Receipts from foreigners
II
III
IV
I
39,147
43,039
30.1
32.4
32.5
34.3
36.5
39, 147
43, 039
30.1
32.4
32.5
34.3
36.5
37,099
39,147
43,039
30.1
32.4
32.5
34.3
36.5
36.1
37.5
38.3
35.1
40.7
Imports of goods and ser vices. . 26, 442 28,637
32,203
Transfers to foreigners
Personal
Government
._
Net foreign investment
I
II
III
IV
Billions of dollars, seasonally adjusted at annual rates
. 32,339 37,099
32,339
IV
III
II
Exports of goods and services.. 32,339 37,099
Payments to foreigners
1966
1965
1966
36.1
37.5
38.3
36.1
37.5
38.3
35.1
35.1
40.7
40.3
40.5
42.0
42.5
43.7
44.0
40.7
40.3
40.5
42.0
42.5
43.7
44.0
40.3
40.5
42.0
42.5
43.7
44.0
37, 937
25.5
26.2
26.9
27.1
27.6
28.3
28.8
29.8
28.9
32.6
32.9
34.4
36.0
37.1
39.0
39.7
2,784
605
2,179
2,782
617
2,165
2,824
658
2,166
2,925
647
2,278
2.7
.6
2.1
2.7
.6
2.1
2.9
.6
2.3
2.8
.6
2.2
2.8
.6
2.1
2.9
6
2.3
2.8
.6
2.2
2.7
.6
2.1
2.7
6
2.0
3.1
.7
2.4
2.9
.7
2.2
2.6
.7
2.0
3.4
.6
2.8
2.9
.7
2.3
2.8
.6
2.2
2.5
.6
1.9
3,113
5,680
4,120
2,177
1.9
3.5
2.7
4.3
6.1
4.9
5.9
5.8
3.5
5.1
4.5
3.4
2.7
2.5
1.8
1.8
Table 4.2.—Foreign Transactions in the National Income and Product Accounts: Not Seasonally Adjusted
[Billions of dollars]
1963
I
Receipts from foreigners
Exports of goods and services
Payments to foreigners.-
- - -
- _ . . _ _ ._
II
19 64
III
IV
I
II
1965
III
IV
I
II
1966
IV
III
I
II
III
IV
7.3
8.3
7 7
9 0
9 0
9 2
88
10 1
8 6
10 4
9 5
10 7
10 2
10 9
10 4
11 5
7.3
8.3
7.7
9.0
9.0
9.2
8.8
10. 1
8.6
10.4
9.5
10.7
10.2
10.9
10.4
11.5
7.3
8.3
7.7
9.0
9 0
9.2
88
10 1
8 6
10 4
9 5
10 7
10.2
10 9
10 4
11.5
6.0
6.6
7. 1
6.8
6 6
7.2
7 5
7 4
69
8 2
86
86
86
9 4
10 1
9.8
Transfers to foreigners
Personal
Government
.7
.i
.5
.7
.7
.2
.6
.7
1
.7
.2
.6
.7
.1
.5
.7
2
.5
.8
1
6
.7
2
5
.8
2
.6
.7
2
.5
.7
2
.5
.6
1
.5
.5
.7
.8
2
.6
.7
2
.5
.G
.2
.5
Net foreign investment
.7
1.0
—.i
1.5
1 7
1.3
7
2 0
1 i
14
2
1 4
g
7
— .4
1. 1
Imports of goods and services
.i
SURVEY OF CURRENT BUSINESS
32
July 1967
5.—Saving and Investment
Table 5.1.—Sources and Uses of Gross Saving
1963
1964
1963
1964
I
II
IV
III
I
Millions of dollars
19, 942
Personal saving
Undistributed corporate
16,623
profits
Corporate inventory valua-468
tion adjustment
Corporate capital consump31, 750
tion allowances
Noncorporate capital consumption allowances
._ 20, 851
Wage accruals less disburse0
ments
IV
I
II
III
IV
I
II
III
IV
85.9
87.0
118.7
128.2
88.7
93.1
96.6
103.8
103.1
106.1
106.3
106.3
115.0
115.6
114.1
117.0
22.0
27.7
25.6
29.5
24.5
24.0
30.9
29.3
26.6
28.7
29.2
34.6
20.4
20.5
21.2
20.5
25.0
25.2
24.6
26.8
27.8
27.6
27.8
28.2
-.6
-.1
-.4
-1.0
-1.4
-2.1
-.9
-2.2
-2.6
-2.3
-2.2
.7
26, 188
27, 165
29,790
19.3
19.2
18.8
22.5
20,633
25, 410
27, 834
15.1
16.4
16.9
18.1
-513 -1,662 -1,636
.2
-.9
.2
-1.3
36,467
38,986
30.9
31.7
31.9
32.5
33.2
33.7
34.1
34.5
35.2
36.0
36.9
37.8
38.3
38.7
39.2
39.8
22, 220
23, 448
24, 520
20.4
20.7
21.0
21.3
21.6
22.0
22.4
22.8
23.1
23.3
23.6
23.8
24.1
24.4
24.7
24.9
0
0
0
.0
.0
.0
.0
.0
.0
.1
-.1
.0
.0
.0
.0
.0
.0
.0
.0
-1,366
2,666
3,249
-1.5
3.0
2.5
3.5
-.8
-5.0
-.9
1.2
5.7
6.2
-1.7
.6
4.6
6.1
2.6
-.3
663 -3,042
1,676
1,186
1,443
1,223
343
2,906
-2.4
.8
1.8
1.2
1.2
1.3
2.1
1.4
-2.5
1.7
-6.3
1.3
-2.7
1.9
-.6
1.8
4.5
1.2
4.9
1.2
-3.2
1.5
-.4
1.1
2.2
2.4
3.2
2.9
-.7
3.3
-3.3
3.0
90,253
99,712 111,543 120,158
84.7
88.6
90.7
97.2
96.9
98.3
100.1
103.7
108.6
110.2
112.7
115.8
117.8
121.0
118.1
124.0
87, 140
3,113
94,032 107, 423 117, 981
4,120
2,177
5,680
82.7
1.9
85.1
3.5
88.0
2.7
92.9
4.3
90.8
6.1
93.4
4.9
94.2
5.9
97.9
5.8
105.1
3.5
105.1
5.1
108.2
4.5
112.3
3.4
115.2
2.7
118.5
2.5
116.4
1.8
122.2
1.8
-294
-1,310 -1,951 -2,585
.3
-.5
.6
1.1
-.5
-2.1
-3.6
-3.4
-2.3
-.6
-.5
-.9
-2.2
-3.2
-3.8
1,849
Federal _
State and local
Gross private domestic
investment
Net foreign investment
III
33,860
Government surplus or deficit
(— ), national income and
product accounts
Gross investment
II
1966
Billions of dollars, seasonally adjusted at annual rates
88,698 102,388 110,828 119,494
Gross private saving
1965
1966
1965
_ __
Statistical discrepancy
-1.5
Table 5.2.—Purchases of Structures by Type
Table 5.3.—Purchases of Structures by Type in Constant Dollars
[Millions of dollars]
[Billions of 1958 dollars]
1964
1965
66,337
69,439
75,054
77,209
46, 459
48, 304
52, 055
52,279
Residential structures
26, 990
27, 126
26, 964
24, 374
New construction
26, 410
26, 636
26, 701
24, 258
25, 843
20, 064
26, 107
20, 203
26, 189
20, 274
23, 733
17,882
1,341
1,457
1,486
1,422
512
525
1,073
-583
1,083
—820
-871
1963
Total structures
Private structures
-
Nonfarm buildings
New dwelling units
Additions and alterations
Nonhousekeepmg units
Farm buildings
__ _
_ __
.
-_ -_
Brokers' commissions on sale of structures
Net purchases of used structures
Nonresidential structures
.
_
1,069
-489
_
New construction
Nonresidential buildings, excluding farm _
Industrial
Commercial
Religious
Educational
Hospital and institutional
Other buildings
Public utilities
Railroads
Telephone and telegraph
Electric light and power
Gas
Other
..
--
--
---
__ _ __
_-.
Public structures
New construction
Buildings, excluding military
Residential
- -Industrial- .
Educational
Hospital
Other public buildings.
Federal Reserve Bank of St. Louis
25, 091
27,905
19, 377
21, 186
25, 042
27, 974
11, 646
12, 955
16, 584
18, 607
2,906
4,995
1,001
3,565
5,396
5,128
6,745
1,207
6,703
6,890
1,167
1,030
1,036
1,291
1,014
1,391
1,378
1,447
1,451
4,596
5,031
5,385
6,315
1,128
2,020
1,314
2,211
1,073
1,461
2,361
1,113
1,600
2,850
1,400
166
140
699
677
700
240
680
_
-
_--
267
735
310
949
325
140
2,145
2,163
1,980
416
484
155.
154
-63
156
147
-162
-107
-216
19,878
21, 135
22,999
24,930
19, 326
20, 390
22, 072
23, 843
6,449
7,176
7,881
8,905
3,477
3,790
4,283
5,326
521
510
1,660
1,948
2,110
2,052
7,091
1,227
1,690
7,133
2 869
310
403
_
992
697
1,868
451
458
Highways and streets
Military facilities
Conservation and development
987
21, 178
948
260
Brokers' commissions on sale of structures..
Net purchases of used structures
529
1963
19, 469
678
- -
Farm
Petroleum and natural gas well drilling and exSloration
other private construction.
Other public construction
Sewer systems
Water supply facilities
Miscellaneous public construction
Net purchases of used structures
http://fraser.stlouisfed.org/
567
1966
338
567
400
471
602
365
648
369
7,554
852
8,303
1,729
2,017
2,170
3 414
1,325
3,752
1,308
1,065
1,379
1,087
1,040
1,133
552
745
927
956
713
1965
1966
61 0
62.2
65.0
42.7
43.2
45.0
43.7
Residential structures
24.8
24.2
23.2
20.2
New construction
24 2
23.7
22.9
20.1
23.7
23.2
19.6
.5
.5
22.5
1.0
—.4
1.0
-.5
.9
-.7
.8
—.7
17 9
19.1
21.9
23.6
17 8
19.1
21.8
23 6
10.3
2 7
11.2
13.9
15.1
4.9
.3
1.3
2.2
1.0
.1
5.6
.3
1.4
2.6
1.2
.1
Private structures
Nonfarm buildings
Farm buildings
_
Brokers' commissions on sale of structures..
Net purchases of used structures
Nonresidential structures
New construction
Nonresidential buildings, excluding farm
Industrial
Commercial
Religious
Educational
Hospital and institutional
Other buildings
.5
.5
3.3
4.5
.8
.6
1.1
.9
Public utilities
Railroads . _ _ _ _
Telephone and telegraph
Electric light and power
Gas
Other
4.4
.2
1.1
2.0
.9
.2
4.7
.3
1.2
2.1
.9
.2
Farm
Petroleum and natural gas well drilling and exSloration
other private construction.. .
.6
.7
.6
.6
2.2
.3
2.2
.3
2.1
.3
2.0
.4
.1
—.1
.1
-.1
.1
-.1
.1
—.2
18.3
19.0
19.9
20.6
Brokers' commissions on sale of structures
Net purchases of used structures
4.5
5.5
1.0
.6
1.2
1.1
64 3
4.3
.9
.6
9
.9
Public structures
938
3,768
1,194
1,266
1,308
947
882
Total structures
1964
5.7
5.4
9
.7
1.1
1.1
17.8
18.3
19.1
19.7
Buildings, exlcudhig military
Residential
. _ _ __
Industrial
Educational
Hospital.
Other public buil dings .
5.7
.4
.4
3.0
.4
1.5
6.1
.5
.4
3.2
.4
1.7
6.5
.5
.3
3.5
.4
1.7
7.1
.5
.3
4.2
.4
1.6
Highways and streets
Military facilities
Conservation and development
7.0
1.1
1.5
7.0
.8
1.4
7.2
.7
1.6
7.4
.6
1.7
Other public construction..
Sewer systems
Water supply facilities
.
Miscellaneous public construction
2.5
.8
.8
.9
2.9
1.1
.8
1.0
3.1
.9
1.0
1.1
2.9
1.0
.8
1.1
K
.7
.8
.9
New construction
Net purchases of used structures
SURVEY OF CURRENT BUSINESS
July 1967
Table 5.4.—Private Purchases of Producers' Durable Equipment
by Type
33
Table 5.6.—Change in Business Inventories
[Millions of dollars]
[Millions of dollars]
Total private purchases
.
Purchases of new equipment
_
- Dea ers' margins on used equipment (except passenger
cars)
Net purchases of used equipment from government
Less* Exports of used equipment
Sale of equipment scrap (except passenger cars)
1964
1965
34, 815
39, 893
45, 963
52, 314
34, 446
39, 534
45, 582
51, 879
339
138
390
126
460
142
498
168
45
64
109
109
63
Total excluding scrap deduction
Furniture and fixtures
Fabricated metal products
Engines and turbines
Tractors
-
1963
_
Agricultural machi n ery (except tractors)
Co"Struction machinery
Mining and oilfield machinery
Metalworking machinery _
__
__
Special-industry machinery, n.e.c
General industrial, including materials handling, equipment
. -- Office computing, and accounting machinery
Service-industry machines
112
39, 986
46 075
52, 436
1,910
1,026
2,189
1 423
1,013
2,002
1,243
556
1,168
1,435
2,509
1,594
654
1,808
1,365
1 239
1,416
1,445
1,577
1 563
1,840
1 642
1,872
630
2,292
2,185
2,549
575
2,086
2,246
1,693
2,471
2,809
1,955
588
693
2,657
801
3,096
3 084
3 360
2,813
3 101
2,240
3,083
3 729
2,360
Electrical machinery ...
_.
Electrical transmission, distribution, and industrial
apparatus
Communication equipment
Other electrical equipment .
4,630
5,202
5,766
7,040
2,099
2,047
484
2,304
2,312
586
2,555
2,614
597
3,103
3,216
Trucks buses and truck trailers
Passenger cars
Aircraft
Ships and boats
_ ..
4,766
3,643
630
348
4,991
3,826
6,131
4,488
1,355
514
6,583
4,390
1,931
688
602
1,019
1,880
1,184
1,229
1,965
1,264
1,467
2,404
1,457
Railroad equipment
Instruments
Miscellaneous equipment
-
..
1,473
1,047
893
455
1964
1965
1966
Change in business inventories, total
Farm
Nonfarm
5 866
*785
5 081
5 835
—594
6 429
9 405
1 005
8 400
13 388
*277
13 665
Change in nonfarm inventories. _.
5 081
6 429
8 400
13 665
4 343
'738
5 854
7 702
698
12 264
1 401
Change in book value..
Corporate
Noncorporate
5 583
4 811
7 021
6 36*7
10 432
9 364
1 068
15 671
13* 900
1 771
Inventory valuation adjustment .
Corporate..
Noncorporate
—502
—468
—34
—592 —2 032
513
1 662
79
' 370
2 006
1 636
'370
Corporate
Noncorporate
122
34, 878
529
_ __
93
1963
1966
721
772
Change in nonfarm inventories by industrial group
575
654
5 081
6 429
8 400
13 665
1 990
2 494
—504
3 007
3 344
—337
3 621
4 484
—863
8 750
9 524
—774
Wholesale trade
Change in book value
Inventory valuation adj ustment
1 344
1 322
1 147
1 180
-33
1 037
1 551
—514
2 299
2 699
—400
Retail trade
Change in book value
Inventory valuation adjustment
1 406
1 429
-23
1 537
1 681
—144
2 697
3 254
—557
1 818
2 411
—593
All other
Change in book value
Inventory valuation adjustment
341
338
3
738
816
—78
1 045
1 143
M anufacturing
Change in book value
Inventory valuation adj ustment
_.
22
—98
798
1 037
—239
Table 5.7.—Comparison of Personal Saving in the National Income
and Product Accounts With That of the Securities and Exchange
Commission
[Billions of dollars]
1963
Line
Table 5.5.—Private Purchases of Producers' Durable Equipment by
Type in Constant Dollars
[Billions of 1958 dollars]
1963
Total private purchases
Purchases o f n e w equipment..
___
Dealers' margins on used equipment (except passenger
cars)
Net purchases of used equipment from government
Less: Exports of used equipment. .
_ _
___
Sale of equipment scrap (except passenger cars)
Total excluding scrap deduction
Furniture a n d
fixtures
Fabricated metal products
Engines and turbines
Tractors
_ _ _ _
Agricultural machinery (except tractors)
Construction machinery . . _
Mining and oilfield machinery
Metalworking machinery
__
1965
1966
34 0
38 7
44 1
49 2
38.4
43.7
48.8
.3
.1
.0
.1
.4
.1
.1
.1
.4
.1
.1
.1
.5
.2
.1
.1
34.1
38.8
44 2
49 3
1.9
1.0
.6
.9
1.9
1.2
.6
1.0
2.1
1.4
.6
1.2
2.4
15
.7
1.5
1.3
1.3
.6
2.1
2.3
1.4
1.4
.6
2.3
1.5
1.4
.7
2.6
Special-industry machinery, n.e.c____
General industrial, including materials handling, equipment .
Office, computing, a n d accounting machinery. _ _ _ _ _
Service-industry machines
2.0
2.0
2.2
1. 7
2.3
2.7
2.0
2.6
3.0
2.3
2.8
3.6
2.3
Electrical machinery. .
_ _ _ _ _ _ _____
Electrical transmission, distribution, and industrial
apparatus...
_ _
._ __
C ommunication equipment
Other electrical equipment-
4.7
5.3
5.9
7.1
2.2
2.0
.5
2 4
2.3
.6
2.7
2.6
.6
3.2
3.2
.7
Trucks, buses, and truck trailers
Passenger cars
Aircraft.
_ _ _
_
Ships and boats
4.8
3.6
.6
.4
5.1
3.8
.9
.5
6.2
4.5
1.3
.5
6.6
4.4
1.8
.7
.6
1.4
1.1
1.0
1.8
1.2
1.2
1.8
1.4
1.4
2.2
1.5
_ _ _ _
_ _ _ _
2.7
2.8
_
1966
42.4
49.3
52.5
2
3
6.8
11.6
11.7
1.2
.7
1.8
7.0
12.3
11.3
.9
3.3
2.4
10.0
15.3
9.3
.6
1.8
2 4
.5
1.6
-4.3
4.5
1.7
4.5
.9
2.0
-2.5
4.8
2.0
4.9
2.3
2.1
-4.4
5.3
2.0
5.6
-5.1
39.1
39.4
42.9
42.0
8
9
10
11
12
13
14
15
16
17
18
19
20
Currency and demand deposits
_
Time deposits
Savings shares _ _
U.S. savings bonds.. _
_ _ _ _ _ _ _
Other U.S. Government securities
State and local government securities
Corporate and other bonds
Investment company shares _ _ _
Other preferred and common stock
_ ,.
Private insurance reserves
Private insured pension reserves
Private noniiisured pension reserves.-- - _ - . . _
Gross investment in tangible assets
Nonfarm homes
_ _
_
Noncorporate business structures, equipment,
and inventories.. _ ._
Capital consumption allowances
Nonfarm homes
Other
_
_
__
Increase in debt
41.1
0
0
12.0
4.4
.6
9.5
3.6
2.6
4.6
4.4
2.2
5.8
19.0
19.6
19.4
19.0
20.1
19.8
23.5
23.0
20.9
22.2
23.4
24.5
7.9
13.0
8.4
13.8
8.9
14.5
15.3
35.4
35.9
42.7
27.0
14.9
5.6
6.3
.9
7.7
15.6
6.1
6.5
.1
7.7
15.4
5.8
9.0
.0
12.5
13.4
9.3
21
22
23
24
25
Mortgage debt on nonfarm homes
Other mortgage debt
C onsumer credit
Securities loans
Other debt
26
Personal saving— SEC (1+14-17-20)
25.3
30.6
29.3
31.6
27
Personal saving— National income and product
accounts
19.9
26.2
27.2
29.8
28
Difference between lines 26 and 27
5.4
4.4
2.1
1.8
29
Addendum:
Government insurance and pension reserves
4.0
4.6
5.0
5.0
1
Railroad equipment
Instruments
Miscellaneous equipment
1965
1 Increase in financial assets l. _
4
5
6
7
33.7
1.2
1.2
.5
1.7
_
1964
1964
..
Excludes changes in government insurance and pension reserves.
5.3
6.2
.5
1.6
34
SUEVEY OF CURRENT BUSINESS
July 1967
6.—Income and Employment by Industry
Table 6.1.—Compensation of
Employees by Industry
Table 6.2.—Wages and Salaries by Industry
Table 6.3.—Average Number
of Full-Time and Part-Time
Employees by Industry
[Millions of dollars]
[Data in thousands]
[Millions of dollars]
All industries, total
Agriculture, forestry, and fisheries
Farms .
- -Agricultural services, forestry, and fisheries _.
Mining
- - Metal mining
Coal mini ig .
_
Crude petroleum and natural gas
Mining and quarrying of nonmetallic minerals
Contract construction
_
- __ Manufacturing
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other fabricated textile products
Paper and allied products
Printing, publishing, and allied industries
Chemicals^ and allied products
._ _
Petroleum refining and related industries . .
Rubber and miscellaneous plastic products
Leather and leather products
_ _
__
Durable goods..
Lumber and wood products, except furniture
Furniture and fixtures
Stone, clay, and glass products
_ _ _ _,_,.„- _
Primary metal industries
Fabricated metal products.
__
Machinery, except electrical
__
Electrical rnachinfiry
Transportation equipment and ordnance, except motor
vehicles
Motor vehicles and motor vehicle equipment
Instruments ._
-_ _
_ __
Miscellaneous manufacturing industries
_.
Transportation
Railroad trans ports ti on
Local, suburban, and highway passenger
__
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipeline transportation
Transportation services
Communication
Telephone and telegraph
_ __ _
Radio broadcasting and television
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
- Retail trade
_ _ _ _ _ _ _.
Finance, insurance, and real estate
__
Banking
Credit agencies, holding and other investment companiesSecurity and commodity brokers. _ _ _ _ - _ - _ _ _ _.
Insurance carriers
Insurance agents, brokers, and service, _ _.
Real estate
Services
Hotels and other lodging places
_ _.
Personal services
M i scellaneous business services ..
_
Automobile repair, automobile services, and garages
Miscellaneous repair services . .
Motion pictures
Amusement and recreation services, except motion pictures
Medical and other health services _ _ _ _ _
Legal services
Educational services
Nonprofit membership organizations.. _
Miscellaneous professional services
Private households
Government and government enterprises
Federal
General government
_
Civilian
Military
Government enterprises
State and local
_ _.
_ _
General government
Public education
Nonschool
Government enterprises
__ _ _ _ _
Rest of the world
_
Addendum: All private industries
_
1963
1964
341 004
3 534
2,892
642
4,424
605
1,041
2 032
746
19, 466
112,888
43 507
10,484
476
3 950
5,030
4 197
6,138
6,939
2,068
2 736
1,489
69, 381
2,723
2,030
3,904
9 492
7,814
11,383
10 717
365 720
3 487
2,817
393 932
3 561
2,833
435 719
3 663
2,868
728
795
311 095
3 380
2,776
333 683
3 331
2,701
359 052
3 399
2 714
685
742
4,588
4 802
5,051
3,956
4,115
4 324
4 517
9 445
7,095
2,677
2,101
17, 050
5 871
1,446
5,752
1,614
1 681
167
519
5 587
4,820
767
4 719
54 960
20, 760
34, 200
16,610
4 352
1, 935
1,033
5 316
1,276
2 698
37, 053
1,952
3,416
5,187
1,313
768
859
1,563
6,688
1965
670
1966
1963
604
785
832
23, 264
128, 052
47 019
10,768
2 958
16, 995
7 375
1 744
3 071
17, 297
7 455
1 750
3 216
18 088
7 660
1 761
3,635
4,604
3 830
5,651
6,111
1,500
2,446
1,354
61, 634
2,517
1,859
3,504
8,241
7,094
10, 275
9,749
3 879
4,908
4 030
6 026
6,463
1,493
2 641
1,433
65, 970
2,748
2,024
3,752
9,022
7,701
11,410
10, 080
4 239
5 256
4 253
6 382
6 873
1,523
2 920
1,494
71, 980
2,886
2 187
3,957
9 824
8,456
12, 742
11 019
4 625
5 623
4 618
6 921
7 569
1,591
3 280
1,590
81,033
3,045
2,434
4,231
10 586
9,350
14, 702
12 879
1 274
1 294
1 345
'640
8,521
5,601
2,367
1,906
15, 417
5 207
1,321
5,298
1,456
1,511
8,653
6,041
2,495
2,044
16, 246
5 304
1,348
5,704
1,554
1 676
9 074
6 956
2,693
2,186
17, 191
5 450
1,393
6 216
1,585
1 860
11 020
7,330
3,096
2,360
18, 476
5 541
1,462
6 774
1,797
2 139
5,763
4 937
6 348
5,459
826
889
4 565
59 418
22 473
36, 945
16, 780
4 277
2,017
1,201
5 189
1,355
2 741
41,569
2,090
3,715
6,150
1,470
4 816
64 289
24, 489
39, 800
18, 045
4 624
2,134
1,460
5 517
1,460
2 850
45, 460
2,263
3,987
7,005
1,580
683
17, 802
100, 606
38,972
9,444
4 212
5,340
4 414
6 548
7,370
2,086
2,969
3,572
74, 443
2,940
2,204
4,194
10, 493
8,511
12, 680
11,089
4,616
5,720
4 657
6,932
7,852
2,146
3,292
1,638
81, 561
3,080
2,395
4,415
11 374
9,347
14,209
12, 154
5,084
6,181
5 101
7,577
8,727
2,267
3,730
1,758
92, 452
3,264
2,687
4,761
12, 354
10, 120
16, 529
14,317
9,600
7,707
2,780
2,245
17, 960
5 985
1,481
6,192
1,713
1,871
10 036
9,118
3,018
2,415
19, 045
6 184
1,535
6,751
1,741
2,083
12 297
9,697
3,497
2,629
20, 624
6 329
1,625
7.413
2,001
2 416
6,093
5,269
6,530
5,639
5,006
58, 851
22, 184
36, 667
17, 720
4,660
2,081
1,148
5,611
1,370
2,850
40, 321
2,095
3,664
5,855
1,430
819
919
5,234
63 423
23, 926
39, 497
18, 795
4,978
2,228
1,290
5,812
1,470
3 017
43, 784
2,237
3,928
6,572
1,555
894
1,028
7,225
6,256
4,369
55, 133
20, 858
34, 275
15,816
4 012
1,882
1,076
4 997
1,262
2 587
38, 328
1,960
3,457
5,495
1,351
1,474
6,432
4,415
35, 005
32, 859
4,702
38, 142
35, 873
5,008
41, 776
39, 347
5,470
46, 494
43, 934
2,146
2,269
2,429
32
34
36
276,291
295,694
318,653
975
154
506
4,145
51 416
19 493
31, 923
14, 731
3 744
1,740
966
4 673
1,171
2 437
35, 150
1,822
3,215
4,845
1,235
3,891
5,163
3,683
3,961
75, 243
33, 467
28, 459
1,759
8,138
156
468
422
5,573
69, 194
26, 285
42, 909
20, 381
5, 430
2,377
1,576
6 242
1,597
3,159
48, 248
2,444
4,251
7,539
1,682
1,008
1,111
3,496
4,804
3,329
3,908
69, 992
31, 850
27, 148
893
397
720
5,405
4,630
3,143
4,478
3,049
3,824
64, 681
29, 676
25, 261
1,665
7,444
540
839
1,894
5,013
4,298
969
177
631
81
144
290
116
21 209
115,570
43 590
10 227
912
25, 598
145, 495
53, 043
12,086
891
68 080
1 679
1 495
19, 446
107, 166
41, 196
9,901
852
824
65 662
1 752
1,575
654
956
23,167
130, 312
48, 751
11,383
172
668
64 176
1 925
1 745
2 075
781
167
584
1965
613
915
21, 205
120, 463
46 020
11,003
167
551
1964
2 Oil
729
1,181
2,229
532
394 620
3 471
2,729
1963
568
873
681
1,126
2 143
515
630
1966
1,954
637
506
1965
180
634
81
148
289
116
1,076
2,094
1,912
9,060
1,073
4,322
5,657
4,169
4,020
84, 629
38, 135
32, 665
813
1964
715
711
806
775
762
864
1,567
7,170
423
153
534
833
967
1,654
7,839
434
157
606
933
1,037
89
895
622
930
865
192
417
347
9,620
588
389
600
91
897
625
954
878
187
432
347
9,842
605
406
615
3 3X6
19 265
7 944
1 780
85
968
1 398
667
982
910
184
467
353
1 026
10 428
11 321
612
965
184
509
362
630
620
461
647
49Q
1 302
1*265
1 749
1 656
1 351
1 b52
1 926
1 896
1 133
1 106
1 135
1 333
2 531
2 617
744
362
391
2 470
767
364
401
2 493
844
384
422
770
270
902
221
203
20
84
827
730
97
614
755
267
921
230
213
19
88
849
748
101
618
11 853
3 101
8,752
2,880
12 255
3*178
9 077
2,955
12 781
3*303
9 478
3 031
327
123
341
126
355
129
742
861
221
606
10, 609
594
930
943
299
147
175
380
767
735
268
965
226
229
19
89
881
775
106
626
793
870
428
437
724
272
1 010
240
255
18
98
930
818
112
633
13 356
3 435
9,921
3,116
826
367
141
879
229
613
886
238
630
903
244
635
11,015
11, 395
11, 907
1,118
1,029
1,241
618
955
1,022
315
151
176
390
2, 560
3,268
4,552
3,156
3,867
64, 294
29, 231
24,896
13, 204
11, 692
4,335
35, 063
32, 975
17, 392
15, 583
2,088
3,631
4,887
3,476
3,919
69,228
30, 765
26, 128
13, 985
12, 143
4,637
38, 463
36, 224
19, 230
16, 994
2,239
38
32
34
36
38
398
4
426
4
351,052
251,616
269,355
289,788
316,738
51,765
52,936
938
188
633
88
139
284
122
1 233
1 187
1,614
1 544
2,938
4,239
2,868
3,784
59, 447
27, 313
23, 238
12, 389
10, 849
4,075
32, 134
30, 137
15 706
14, 431
1,997
859
88
930
71 805
1 564
1 376
1 176
1 146
1,533
1 558
1,783
8,646
1,024
4,002
5,329
3,906
3,965
77,844
35, 113
30, 047
15, 378
14, 669
5,066
42, 731
40, 375
21, 710
18, 665
2,356
781
184
637
85
142
289
121
1966
645
994
333
160
181
400
674
345
170
187
412
1,863
1,969
2,096
2,263
1,173
1,216
454
1,325
432
1,264
2,656
12, 407
5,283
4,547
1,824
2,723
2,683
12,722
5,281
4,537
1,817
2,720
2,604
13,211
5,329
4,569
1,837
2,732
2,558
14, 464
5,966
5,118
1,962
3,156
7,124
6,726
3,385
3,341
7,441
7,015
3,599
3,416
7,882
7,425
3,890
3,535
8,498
8,037
4,315
3,722
457
4
461
4
54,865
57, 337
169
848
736
179
887
744
190
928
482
760
199
978
526
848
July 1967
All industries, total
__.
Agriculture forestry, and fisheries
Farms
Agricultural services forestry, and fisheries. _ __
Mining
Metal mining
Coalmining
Crude petroleum and natural gas
Mining and quarrying of nonmetallic minerals
Contract construction
Tvlanufacturing
- -Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products . __ __ Apparel and other fabricated textile products
Paper and allied products
- - -Printing publishing and allied industries
Chemicals and allied products
Petroleum refining and related industries
__ .
Rubber and miscellaneous plastic products
Leather and leather products
_ _ _
Durable goods
Lumber and wood products except furniture
Furniture and fixtures
Stone, clay, and glass products
_
Primary metal industries
Fabricated metal products
-- -- - - - - Machinery except electrical
Electrical machinery
_ _ _ _ _
Transportation equipment and ordnance, except motor
vehicles
Motor vehicles and motor vehicle equipment. _ _ . .
Instruments
Miscellaneous manufacturing industries
Transportation
Railroad transportation
_ _
Local suburban and highway passenger
Motor freight transportation and warehousing .
Water transportation
_
_~
Air transportation
Pipeline transportation
Transportation services
Communication
Telephone and telegraph
Radio broadcasting and television
_. _
Electric, gas, a n d sanitary services
_ _ _
Wholesale and retail trade. _ _
__.
Wholesale trade
Retail trade
- - Finance, insurance, and real estate _ _
Banking
Credit agencies, holding and other investment companies.
Security and commodity brokers
__
...
Insurance carriers
Insurance agents, brokers, and service
Real estate
.
_ _ _ _ _
__ _ _ _
Services
._ _
._
Hotels and other lodging places
Personal services
Miscellaneous business services.
Automobile repair, automobile services, and garages
Miscellaneous repair services
Motion pictures
Amusement and recreation services, except motion pictures.
_ _ _ _ _ _ _
__
Medical and other health services
Legal services. _. __ _
Educational services
Nonprofit membership organizations. _ _ _ _
Miscellaneous professional services
Private households
Government and government enterprises
Federal
General government
Civilian
Military .
Government enterprises
State and local
_
Genernl government
Public education
Nonschool
_
Government enterprises
Rest of the world
Addendum: All private industries
SURVEY OF CURRENT BUSINESS
35
Table 6.4.—Number of FullTime Equivalent Employees
by Industry
Table 6.5.—Average Annual
Earnings per Full-Time
Employee by Industry
Table 6.6.—Number of
Persons Engaged in
Production by Industry
[Data in thousands]
[Dollars]
[Data in thousands]
1963
1964
1965
1966
59,333
1,908
1,745
163
634
81
148
289
116
2,958
16,995
7,375
1,744
89
895
1,274
622
930
865
192
417
347
9,620
588
389
600
1,176
1,146
1,533
1, 558
60, 642
1,735
1,575
160
631
81
144
290
116
3,071
17,297
7,455
1,750
91
897
1,294
625
954
878
187
432
347
9,842
605
406
615
1,233
1,187
1,614
1,544
62, 880
1,661
1,495
166
637
85
142
289
121
3,216
18,088
7,560
1,761
88
930
1,345
640
982
910
184
467
353
10,428
612
429
630
1,302
1,265
1,749
1,656
66,273
1,545
1,376
169
633
88
139
284
122
3,316
19,265
7,944
1,780
85
968
1,398
667
1,026
965
184
509
362
11,321
620
461
647
1,351
1,352
1,926
1,896
5,243
1,771
1,591
3,706
6,240
6,667
5,669
6,554
5,888
6,018
5,920
5,284
5,415
4,461
4,061
3,614
6,158
6,076
7,065
7,812
5,866
3,902
6,407
4,281
4,779
5,840
7,008
6,190
6,703
6,257
5,503
1,920
1,715
3,938
6,521
7,012
6,062
6,738
6,207
6,332
6,196
5,526
5,658
4,637
4,324
3,793
6,448
6,317
7,361
7,984
6,113
4,130
6,703
4,542
4,985
6,101
7,317
6,488
7,069
6,528
5,710
2,046
1,815
4,127
6,788
7,212
6,444
6,958
6,488
6,595
6,389
5,691
5,807
4,807
4,558
3,908
6,645
6,499
7,553
8,277
6,253
4,232
6,903
4,716
5,098
6,281
7,545
6,685
7,285
6,654
1,133
744
362
391
2,250
770
258
723
199
203
20
77
818
730
88
614
10, 140
2,915
7,225
2,633
719
266
99
819
179
551
8,958
522
817
834
266
117
155
1,106
767
364
401
2,268
755
255
739
207
213
19
80
840
748
92
618
10,480
2,987
7,493
2,703
743
278
102
836
186
558
9,280
543
839
905
281
120
156
1,135
844
384
422
2,297
735
256
774
204
229
18
81
871
775
96
626
10,928
3,104
7,824
2,770
768
289
104
843
193
573
9,672
567
873
990
297
127
160
1,333
870
428
437
2,373
724
260
810
216
255
18
90
919
818
101
633
11,419
3,229
8,190
2,848
800
299
114
859
198
578
19, 144
592
904
1,099
307
135
165
7,521
7,528
6,539
4,875
6,852
6,762
5,120
7,328
7,317
7,443
7,800
6,078
6,128
5,888
8,125
6,751
5,071
6,687
4,418
5,595
5,207
6,541
9,758
5,706
6,542
4,423
3,924
3,490
3,935
5,809
4,643
6,077
5,200
7,824
7,876
6,854
5,097
7,163
7,025
5,286
7,719
7,507
7,869
8,105
6,325
6,435
6,190
8,424
7,C70
5,261
6,983
4,574
5,851
5,400
6,770
10, 549
5,977
6,785
4,636
4,130
3,610
4,120
6,072
4,808
6,350
5,538
321
1,863
163
848
1,103
417
1,532
11,421
5,218
4,547
1,824
2,723
671
6,203
5,817
2,883
2,934
386
4
47, 908
329
1,969
172
887
1, 128
438
1,513
338
2,096
183
928
1,172
465
1,476
12, 110
5,261
4,569
1,837
2,732
692
6.849
6,432
3,289
3,143
417
4
50, 766
348
2,263
192
978
1,227
508
1,426
13, 174
5,858
5,118
1,962
3,156
740
7,316
6,897
3,613
3,284
419
4
53,095
4,592
3,452
4,791
3,465
3,843
6,878
2,470
5,205
5,234
5,111
6,792
3,984
6,073
5,180
5,181
5,448
4,919
5,174
8,000
5,252
4,763
3,641
4,994
3,684
4,035
7,205
2,556
5,488
5,605
5,487
7,267
4,299
6,394
5,394
5,408
5,663
5,148
5,194
8,500
5,506
11,715
5,215
4,537
1,817
2,720
678
6,500
6,098
3,071
3,027
402
4
48, 923
1963
1964
1965
1966
1963
1964
1965
5,954
2,247
1,983
4,391
7,136
7,432
6,878
7,306
6,820
7,016
6,647
5,919
6,049
5,106
4,778
4,022
6,924
6,746
7,844
8,647
6,444
4,392
7,158
4,911
5,280
6,539
7,836
6,916
7,633
6,793
67,775
4,416
4,115
301
669
83
156
309
121
3,715
17,355
7,516
1,779
89
897
1,300
623
1,000
868
192
419
349
9,839
674
409
615
1,178
1,163
1,578
1,561
69, 103
4,175
3,876
299
666
83
152
310
121
3,836
17,653
7,593
1,783
91
899
1,320
626
1,024
880
187
434
349
10,060
690
426
630
1,235
1,204
1,659
1,547
71,296
4,042
3,734
308
672
87
150
310
125
3,994
18,442
7,795
1,793
88
932
1,370
641
1,051
912
184
469
355
10, 647
698
450
647
1,304
1,281
1,793
1,659
74,556
3,784
3,471
313
668
90
147
305
126
4,096
19,619
8,079
1,812
85
970
1,423
668
1,095
967
184
511
364
11,540
707
482
663
1,353
1,368
1,970
1,899
7,995
8,242
7, 013
5,180
7,484
7,415
5,441
8,031
7,770
8,122
8,500
6,593
6,617
6,370
8,604
7,292
5,437
7,240
4,722
6,058
5,569
6,979
11,548
6,155
7,021
4,784
4,298
3,686
4, 255
6,212
4,949
6,559
6,044
8,267
8,425
7,234
5,400
7,786
7,653
5,623
8,363
8,319
8,388
8.722
6,733
6,908
6,674
8,802
7,608
5,630
7,584
4,860
6,336
5.780
7,137
12,807
6,423
7,374
4,931
4,481
3,823
4,410
6,374
5,147
6.911
6,285
1,136
745
364
416
2,432
770
289
863
203
206
20
81
822
732
90
626
12,359
3,180
9,179
2,944
720
281
123
819
265
736
11,012
662
1,360
982
426
287
168
1,109
768
366
426
2,450
755
286
879
211
216
19
84
844
750
94
630
12,735
3,252
9,483
3,019
744
293
127
836
272
747
11,376
683
1,394
1,056
446
294
169
1,138
845
386
446
2,481
735
287
916
208
232
18
85
875
777
98
639
13, 183
3,359
9,824
3,C90
769
305
130
843
278
765
11, 764
705
1,426
1,145
457
300
173
1,336
871
430
461
2,558
724
292
952
220
258
18
94
923
820
103
646
13,676
3,484
10, 192
3,169
801
315
140
859
283
771
12,239
730
1,456
1,255
467
308
178
4,893
3,740
5.126
3.913
4,170
7,475
2,655
5, 124
3,821
5,333
4,092
4,343
7,689
2,781
5,909
5,994
5,871
7,838
4,648
6,846
5,841
5,854
6,009
5,684
5,623
9,500
5,965
414
2,239
327
947
1,103
565
1,532
11,421
5,218
4,547
1,824
2,723
671
6,203
5,817
2,883
2,934
386
4
56,350
426
2,350
338
989
1,128
590
1,513
11,715
5,215
4,537
1,817
2,720
678
6,500
6,098
3,071
3,027
402
4
57,384
433
2,481
347
1,031
1,172
618
1,476
12, 110
5,261
4,569
1,837
2,732
692
6,849
6,432
3,289
3,143
417
4
59, 182
444
2,650
356
1,081
1,227
661
1,426
13, 174
5,858
5,118
1,962
3,156
740
7,316
6,897
3,613
3,284
419
4
61,378
5,717
5,848
5,719
7,613
4,445
6,701
5,616
5,632
5,847
5,407
5,369
9,000
5,708
1966
SUEVEY OF CURRENT BUSINESS
36
Table 6.7.—Supplements to Wages and Salaries by Industry
Division
July 1967
Table 6.10.—Inventory Valuation Adjustment by Industry Division
[Millions of dollars]
[Millions of dollars]
All industries, total
Agriculture, forestry, and fisheries
Mining
Contract construction
Manufacturing
Nondurable goods
Durable goods . . . . . .
___
Transportation
.Communication
.. .
... _ _ Electric, gas, and sanitary services
Wholesale and retail trade
Finance, insurance, and real estate
.Services
Government and government enterprises
_.
__ .
1963
1964
1965
29, 909
32, 037
34, 880
41, 099
154
468
156
473
1,664
12, 282
4,535
7,747
1,633
162
478
1,759
13, 297
4,824
8,473
1,714
1,958
14, 742
5,161
9,581
1,854
192
534
2,334
574
574
3,544
1,879
. 1,903
5,234
24, 675
Addendum : All private industries
688
637
3,718
1,904
1,993
5,698
26,339
1966
767
669
4,005
2,015
2,215
6,015
28,865
All industries, total....
Corporations, total
Manufacturing .
Wholesale and retail trade
877
757
4,905
2,336
2,788
6,785
34,314
Transportation..
C ommunication
All industries, total
Agriculture, forestry, and fisheries , _ . . .
Farms
Mining
- ..
Contract construction
Manufacturing
.
... ..
Nondurable goods
Durable goods. _
. ...
._
Transportation _ _ . _.
_ ._ _
C ommunication
Electric, gas, and sanitary services
Wholesale and retail trade
.
_ _
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
1965
51, 047
13, 580
13, 103
52, 394
12, 712
12, 135
57, 052
15, 356
14, 761
250
248
4,296
1,949
730
1,219
1,146
23
80
12, 825
2,902
9,923
3,676
17, 453
268
3,698
1,815
739
1,076
987
19
67
11,913
3,113
8,800
3,257
15, 443
3,921
1,885
739
1,146
1,008
25
85
12, 370
3,032
9,338
3,420
16, 718
All industries, total
Agriculture, forestry, and fisheries
Farms _
_ __
. ..
Mining .. . . _ . _ _ _ _
Contract construction
Manufacturing
Nondurable goods
.
Durable goods
Transportation .
.
nomrnrjnlfiation
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade. _ _ _ _ . .
Retail trade
Finance, insurance, and real estate
Real estate
_
Services
.
.
1966
5
—1
—30
—10
— 14
—27
—26
—57
—478
9
—334
-110
—838
-745
—758
—676
—4
o
—2
—13
— 12
— 12
—21
— 48
.
1
-14
— 14
-50
—34
-79
—370
—370
2
o
—1
—8
— 19
o
—1
—36
M anuf acturing
Wholesale and retail trade
—26
-10
—3
-67
—25
-326
— 16
-317
59, 647
16, 675
16, 051
243
4 382
1,969
Table 6.11.—Net Interest by Industry Division
741
1,228
1,114
[Millions of dollars]
24
81
13, 232
2 943
10 289
3,723
18,204
All industries, total
Agriculture, forestry, and fisheries
Mining
Contract construction
Manufacturing
__ _ _ _ _ _ _ _ _ _
Nondurable goods
Durable goods
1966
22 220
4 377
4 217
23 448
4 640
4,466
24 520
4 931
288
617
380
130
250
552
12
112
292
624
404
137
267
532
14
121
296
652
414
128
286
599
14
125
296
670
423
-
_
_ _ _ _ _ _ . _ . _
Wholesale and retail trade
_
Finance, insurance, and real estate. Services
_ _
Rest o f t h e world
_
.
1964
1965
13, 838
1,413
15, 794
17, 917
20, 163
1,675
2,102
58
180
42
180
1,851
328
224
104
534
241
293
879
407
472
1,569
_ ._
Transportation
Communication
-.
Electric, gas, and sanitary services _
_ .
1963
1966
49
135
45
-50
697
872
593
384
649
409
694
424
730
469
1,318
1,345
1,422
1,548
- .
_ __
373
7,704
702
474
8,826
844
516
10, 072
969
449
11,310
1,122
_ _ _ _ _ _
785
816
906
869
642
14
130
1,716
1,743
1,764
1,780
1,311
10, 386
10, 269
2,644
1 344
11, 328
11, 207
2,785
1,386
12,042
11,917
2,902
12, 625
399
— 1 636
1965
1966
20 851
4,144
4,021
405
._ _
1965
— 2 006
—513 — 1 662
Mining
Contract construction.
[Millions of dollars]
1964
—592 —2 032
— 468
Electric, gas, and sanitary services _
Table 6.9.—Noncorporate Capital Consumption Allowances by
Industry Division
1963
—502
Unincorporated enterprises, total
[Millions of dollars]
1964
1964
Mining
Contract construction. _
17, 443
6,024
11,419
2,148
Table 6.8.—Income of Unincorporated Enterprises by Industry
Division
1963
1963
378
3,009
Table 6.12,—Corporate Profits (Before Tax) and Inventory Valuation Adjustment by Broad Industry Groups
[Billions of dollars]
1963
1964
1965
1966
I
II
III
IV
I
II
1966
1965
1964
1963
III
IV
I
II
III
IV
I
II
III
IV
Seasonally adjusted at annual rates
All industries, total. .
Financial institutions
Mutual
Stock
Nonfinancial corporations.
Manufacturing
Nondurable goods
Durable goods
Transportation, communication, and public utilities
All other industries
58.9
66.3
74.9
82.2
56.0
58.0
60.3
61.4
64.9
66.2
67.6
66.4
72.6
73.4
74.9
78.7
81.1
81.3
81.9
84.6
7.8
1.6
6.2
7.9
1.7
6.2
8.4
2.0
6.4
9.3
1.9
7.4
7.8
7.7
7.7
7.9
7.8
7.9
8.0
8.0
8.2
8.4
8.4
8.6
8.9
9.0
9.5
9.6
51.2
28.8
13.0
15.8
58.4
32.7
14.9
17.8
66.5
38.7
16.5
22.2
72.9
43.1
18.7
24.4
48,2
26.4
12.5
14.0
50.3
28.8
13.0
15.8
52.6
29.9
13.3
16.6
53.5
30.2
13.4
16.8
57.1
32.0
14.4
17.7
58.2
32.7
14.9
17.8
59.6
33.6
15.1
18.4
58.5
32.4
15.3
17.2
64.4
37.5
15.9
21.6
65.0
37.7
16.0
21.6
66.5
38.6
16.5
22.1
70.0
41.0
17.4
23.7
72.2
42.7
18.3
24.3
72.2
42.5
18.5
24.0
72.4
42.7
18.8
23.9
75.0
44.4
19.2
25.3
9.5
12 9
10.1
15.5
11.2
16.6
11.9
18.0
8.9
12.8
9.3
12.3
9.8
12.8
9.8
13.5
9.9
15.1
10.1
15.4
10.2
15.8
10.3
15.7
10.6
16.3
10.9
16.5
11.2
16.7
12.0
17.0
11.7
17.8
12.0
17.8
11.8
17.9
12.0
18.0
SUEVEY OF CUREENT BUSINESS
July 1967
All industries, total
Agriculture, forestry, and fisheries
Mining _
Metal mining
Coal mining. _
Crude petroleum and natural gas
Mining and quarrying of nonmetallic minerals
Contract construction .
Manufacturing _
Nondurable goods
37
Table 6.13.—Corporate
Profits Before Tax by
Industry
Table 6.14.—Federal and
State Corporate Profits Tax
Liability by Industry
[Millions of dollars]
[Millions of dollars]
1963
1964
59 401
60
1964
1966
1963
66 789
76 560
83 832
26 324
28 345
99
197
254
84
87
1 199
1,075
1,106
1 391
289
285
165
133
660
241
228
194
354
299
72
34
115
68
59
48
114
64
[Millions of dollars]
1966
1963
1964
31 358
34 546
33 077
38 444
45 202
97
133
-24
12
100
121
272
435
910
790
834
956
93
99
545
173
169
146
240
235
1965
1965
Table 6.15.—Corporate
Profits After Tax by
Industry
1965
853
1,167
1,513
1,688
367
426
511
581
486
741
1,002
1,107
33,013
39,545
43,833
13,690
14,568
17,145
18,790
15,622
18,445
22,400
25,043
16 792
18 889
6 722
7,470
7,563
8,819
10,070
11,419
1,537
1,495
12,330
13,624
1,373
1,364
2,297
2,548
13 268
14 838
5 705
6,019
2,832
671
720
444
2,810
1 295
1,315
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
__
Petroleum refining and related industries
944
946
3,497
2,545
1 053
1,490
3,891
441
534
459
632
503
412
594
858
1,842
1,970
353
317
1,655
2,192
1,921
2,418
493
176
558
198
250
82
261
85
243
94
297
113
16,044
18,175
7,985
8,549
8,059
9,626
Durable goods
Lumber and wood products, except furniture
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
644
902
557
353
355
200
2,735
22,753
24,944
318
365
244
326
423
231
10,423
11,320
318
479
326
485
273
543
305
1,062
2 009
1,153
147
139
495
353
139
584
2,689
132
134
478
881
396
166
658
1,086
1,128
1,603
1,438
588
656
626
782
1,657
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment and ordnance, except motor
vehicles
1,214
2 424
1,581
3,245
1 273
1,588
863
919
1,151
1,676
939
1 152
470
548
469
604
Motor vehicles and motor vehicle equipment
Instruments
Miscellaneous manufacturing industries
4,913
781
363
4,782
840
352
2,569
394
203
2,349
428
194
2,344
387
160
2,433
412
158
Transportation
49 286
29,312
Food and kindred products
Tobacco manufactures
_ _
Textile mill products
Apparel and other fabricated textile products
Rubber and miscellaneous plastic products _
Leather and leather products
1966
2,235
718
862
948
757
1 399
1 611
678
708
721
903
Railroad transportation
Local, suburban, and highway passenger
Motor freight transportation and warehousing.
Water transportation
486
89
321
131
422
109
356
189
249
43
133
70
203
45
151
83
237
46
188
61
219
64
205
106
Air transportation, _
Pipeline transportation
Transportation services
108
203
61
291
174
70
61
94
28
113
84
29
47
109
33
178
90
41
3,830
3,993
1 892
2,056
3,504
326
3,715
1,757
1,925
135
131
4 239
4 567
4,709
4 960
1 990
2 102
2 060
2 136
2 249
2 465
2 649
2,824
6,169
7,801
8,503
8,876
2,663
2,953
3,347
3,527
3,506
4,848
5,156
5,349
2,680
3,489
3,237
4,564
1 187
1,476
1,295
1,658
1,493
2,013
1,942
8 857
9,157
4 076
4 707
4 781
4 450
5 358
5 795
Banking
__
Credit agencies, holding and other investment companies
Security and commodity brokers
4 517
1,986
4,940
2 065
1,809
589
70
2 695
2 452
1,397
2 245
1,190
Insurance carriers
Insurance agents, brokers, and service _ _
Real estate
1 317
1,190
812
56
484
814
70
431
505
102
284
376
129
440
803
923
_
_
Communication
Telephone and telegraph
Radio broadcasting and television
Electric, gas, and sanitary services
Wholesale and retail trade
_ _ ._
._ _
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
111
158
768
4,257
2,312
4 721
278
1 938
1,937
1,747
1,790
191
9,788
10,837
148
199
871
1,960
2,173
147
4 430
5 042
619
78
41
2,906
70
_ _
936
1,197
549
572
387
625
Hotels and other lodging places. . _
Personal services
_.
Miscellaneous business services
Automobile repair, automobile services, and garages _
-22
145
427
63
—21
208
503
77
24
54
223
39
20
64
225
41
—46
91
204
24
41
144
278
36
23
20
48
82
8
53
13
67
15
-33
35
15
44
236
68
232
62
86
66
76
-18
150
2
156
2,547
3,109
3,230
3,256
2,547
3,109
3,230
3,256
7,779
51,622
7,926
58,863
8,404
68,156
9,277
74,555
3,445
22,879
4,040
24,305
4,334
28,743
3,886
34,558
4,693
40,509
5,044
44,242
Miscellaneous repair services
Motion pictures
Amusement and recreation services, except motion
pictures..
_ _ _ _ _ _ _ _ _
Miscellaneous professional services
Rest of the world
Addenda: Financial institutions
Nonfinancial corporations
_
1,477
1,704
674
3,711
27,647
781
4,233
30,313
SURVEY OF CUEEENT BUSINESS
38
All industries, total
July 1967
Table 6.16.—Net Corporate
Dividend Payments by
Industry
Table 6.17.—Undistributed
Corporate Profits by
Industry
Table 6.18.—Corporate
Capital Consumption
Allowances by Industry
[Millions of dollars]
[Millions of dollars]
[Millions of dollars]
1963
1964
1965
1966
1963
1964
1965
1966
1963
1964
1965
196G
16 454
17 811
19 792
21 452
16 623
20 633
25 410
27 834
31 750
33 860
36 467
Agriculture, forestry, and fisheries _ .
130
56
84
92
—154
—44
16
29
235
255
272
289
Mining..
988
847
797
902
—78
—57
37
54
1 052
1 052
1 036
1 013
108
40
784
56
120
44
616
67
117
168
88
145
635
184
36
182
634
200
159
162
209
243
327
579
793
864
863
910
1,040
1,127
7,574
8,451
9,213
10, 093
8,048
9,994
13, 187
14, 950
14,597
15, 578
16,747
17, 948
3,737
4 302
4,406
4,925
3,826
4 517
5,664
6,494
7,575
8,050
8,621
9,234
607
190
137
48
265
190
1 388
798
67
47
656
200
155
77
318
308
930
128
228
196
238
222
267
839
118
324
249
276
550
390
1 327
1,425
59
406
116
666
420
60
435
132
726
468
1,394
1,485
1,725
2,481
1,765
2,657
176
47
214
72
319
56
329
53
4,222
5,477
7,022
7,528
8, 126
8,714
253
101
326
539
389
632
295
275
127
401
918
549
240
86
640
284
92
683
1,788
1,908
3,318
3,583
2,040
2,220
.- _ _
Metal mining
Coalmining
__
Crude petroleum and natural gas
Mining and quarrying of nonmetallic minerals
Contract construction
Manufacturing
__
_ _ __
_
Nondurable goods. _ _
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other fabricated textile products.
Paper and allied products . __ - _
Printing, publishing, and allied industries
Chemicals and allied products
Petroleum refining and related industries
Rubber and miscellaneous plastic products
Leather and leather products
Durable goods
3 837
Lumber and wood products, except furniture
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery except electrical
Electrical machinery
Transportation equipment and ordnance, except motor
vehicles
Motor vehicles and motor vehicle equipment
Instruments
Miscellaneous manufacturing industries
Transportation
Railroad transportation
Local suburban and highway passenger
Motor freight transportation and warehousing
W^ater transportation
Air transportation
Pipeline transportation
Transportation services
Communication
..
.
_ _ ___
_
._
_. _.
Telephone and telegraph
Radio broadcasting and television
Electric, gas, and sanitary services
Wholesale and retail trade. _ _. _
_ _ _.
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Credit agencies holding and other investment companies
Security and commodity brokers
Insurance agents brokers and service
Real estate
Services
-
Hotels and other lodging places
Miscellaneous business services
Automobile repair automobile services and garages
M^otion pictures
Amusement and" recreation services, except motion pictures
Rest of the world
Addenda * Financial institutions
Nonfinancial corporations
49
102
—376
— 15
1 531
933
83
41
4 149
59
—239
4 807
5,168
100
38
258
589
237
519
423
121
39
257
685
233
433
491
188
1 263
168
54
204
281
1 444
1,081
176
66
219
106
580
672
318
41
45
35
31
87
23
372
43
53
41
45
91
27
1,262
1,294
1 203
59
1,236
1,936
2,061
2,318
961
1,220
1, 433
245
716
362
858
1,599
1,472
922
457
5
152
39
328
1,017
248
236
36
42
68
20
3
23
718
802
141
-81
5
143
26
16
22
10
7,523
8,456
659
674
1 224
1,090
1,252
266
715
762
400
989
236
92
429
931
295
149
456
973
287
157
2, 903
3,072
1, 070
1,169
157
619
250
552
126
129
167
632
260
539
168
137
231
655
562
-153
21
152
65
133
—1
14
1,662
1,852
1,553
1,731
38 986
630
762
554
76
689
73
109
121
2,452
313
404
331
372
2,813
2,890
3,078
3,238
1,611
2,545
3,628
3,723
3,738
2,747
2,949
3,225
3,499
1,248
1,297
1,580
2,048
937
997
3,182
2,978
3,168
3,320
1,530
1.228
940
36
657
63
-44
962
61
533
80
114
139
389
2,543
2, 749
22
32
67
22
4
31
—82
49
136
4
12
-56
19
37
27
31
oy
113
1,017
1 340
1,500
1,510
1,530
1,769
1,730
1,746
1,108
15,346
1,485
16, 326
1,395
18,397
1,456
19, 996
3,226
13,397
2,401
18,232
3,298
22,112
3,588
24,246
1,080
37, 906
1,349
1,474
58
1,894
1,934
O9g
9
157
49
326
277
339
948
3, 464
1,074
3,861
1,810
1.952
2,744
3,002
383
230
12
262
37
435
279
15
284
38
1,820
1,951
2,134
2,300
-63
112
211
14
31
-16
311
196
582
522
23
130
340
203
570
636
30
136
-25
125
259
111
272
113
526
584
797
919
990
30,953
32,941
35, 477
SURVEY OF CURRENT BUSINESS
July 1967
39
Table 6.19.—Corporate Sales by Industry 1
[Millions of dollars]
1963
All industries, total
1964
7,493
5,966
7,256
8,191
12,448
12, 709
12, 172
13, 662
2,362
2,327
5,543
2,216
2,152
2,779
5,314
2,464
__ _ 44,731
Mining
Metal mining
___ . _._
Coal mining
Crude petroleum and natural gas
Mining and quarrying of nonmetallic minerals
Contract construction _
__ _
Manufacturing
Nondurable goods
48, 776
56,085
61,228
505, 235
569,034
216,924 232,506
254, 114
283,594
Fond ?Tid kindrp.d products
Tobacco manufactures
Textile mill products ._
__._
Apparel and other fabricated textile products
Paper and allied products
64,383
5,641
16,042
14,272
12, 892
Printing, publishing, and allied industries
Chemicals and allied products
Petroleum refining and related industries
Rubber and miscellaneous plastic products^
Leather and leather products
15, 554 17,306
32,706 34,468
41, 812 44, 861
8,704 9,100
4,918 4,686
_ _
Instruments
Miscellaneous manufacturing industries Railroad transportation
Local, suburban, and highway passenger
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipeline transportation
Transportation services
69,691
5,406
17,216
15, 679
14, 093
Communication
Telephone and telegraph
Radio broadcasting and television
Electric, gas, and sanitary services
8,585 9,245
5,884 5,674
11,875 12,385
28,478 33, 734
22,543 24, 513
Machinery, except electrical
Electrical machineryTransportation equipment and ordnance, except
motor vehicles
Motor vehicles and motor vehicle equipment
30,004
27, 547
34,434
29, 772
20, 570
32,342
21, 034
35, 531
-
_
7,751
6,821
7,212
7,117
34,526
35,874
10,903
2,019
10, 706
3,281
11,254
2,155
11, 025
3,385
4,441
968
2,208
4,904
1,173
1,978
Wholesale trade
Retail trade
__
.. - -
18, 254
19, 351
15,673
2,581
16,975
2,376
1966
_
39,825
42,877
21,052
23, 286
25,905
27, 594
302,904 329,056 363,096
392,971
22, 931 24, 226
Wholesale and retail trade
_ . .202, 400 220,651 251, 121 285,440
Lumber and wood products, except furniture
Furniture and fixtures
Stone, clay, and glass pro ducts Primary metal industries
Fabricated metal products
1964
Durable goods— Continued
Transportation
419,324 453, 157
1965
1963
Manufacturing — Continued
892, 629 961, 602 1,067,401 1,180,068
Agriculture, forestry, and fisheries
Durable goods
1966
1965
- _ _ 147, 171 159, 232
155, 733 169,824
Services
Hotels and other lodging places
Personal services
Miscellaneous business services
Automobile repair, automobile services, and garages
Miscellaneous repair services
Motion pictures
Amusement and recreation services, except motion
pictures
Miscellaneous professional services
30,018
32,487
2,978
3,846
10, 586
2,419
3,196
4,364
10, 949
2,913
857
2,377
1,141
2,918
2, 556
4,399
2,646
4,360
36,775
41,225
1 Excludes finance, insurance, and real estate.
7.—Supplementary Tables
Table 7.1.—Gross National Product: Receipts and Expenditures by Major Economic Groups
[Billions of dollars]
1964
1963
1
1966
1965
Excess of
Excess of
Excess of
Excess of
Receipts Expend- receipts or Receipts Expend- receipts or Receipts Expend- receipts or Receipts Expend- receipts or
itures
itures
expenditures
itures
expendexpendexpenditures (-)
itures (— )
itures (— )
itures (-)
Persons:
1
2
3
4
5
Disposable personal income
Less: Interest paid by consumers and personal transfers to foreigners .
Disposable personal income excluding interest paid by consumers and personal
transfers to foreigners
_.
Personal consumption expenditures
Personal saving
.
404.6
438 1
472 2
508 8
9.7
10. 7
11 9
13.1
394.9
375.0
427 4
19 9
401.2
460 3
26 2
433.1
495 7
27 2
465.9
29 8
Business:
6
7
8
Gross retained earnings
Gross private domestic investment . .
Excess of investment (— ) .
68.8
87.1
76 2
—18.4
94.0
83 7
— 17 8
107.4
89 7
—23 8
118.0
— ?8 3
Government:
9
10
11
12
13
Tax and nontax receipts or accruals
Less: Transfers, etc
Net receipts
Purchases of goods and services
Surplus or deficit (— ), national income
and product accounts
168.8
44.4
124.3
174. 1
46.7
127.3
122.5
188.8
49.7
139 1
128.7
1.8
213.0
55.5
157 5
136 4
—1 4
154.3
2 7
3. 2
Foreign :
14
15
16
Net transfers to foreigners
Net exports
Net foreign investment
17
Statistical discrepancy
18
Gross national product
2.8
.
5.9
-.3
-.3
590.5
2 8
—3 1
590.5
8.5
-1.3
632.4
28
—5 7
-1.3
632.4
6.9
-2.0
683 9
2.9
—2 0
683 9
5. 1
—4 1
— 2.6
743.3
_9 O
— 2. G
743.3
SURVEY OF CURRENT BUSINESS
40
June 1967
Table 7.2.—Monetary and Imputed Interest
[Billions of dollars]
o
^.g
i
2
1963
Net interest (componen t of rational income)
Originating in private business
__ _ _
1964
1965
.ao
1966
13.8
15.8
17.9
20.2
13.1
15.0
17.0
19.3
3
4
Monetary interest paid
Imputed interest paid
38 4
16 8
43 1
18 3
48 1
19 8
54 9
21 3
&
Less: Monetary interest received- .
Imputed interest received.
38.2
4.0
42.3
4.1
46.6
4.3
52.2
4.7
8
8
9
g
1i
3
13
4
15
6
16
8
6
7
8
Q
Originating in the rest of the world
Monetary interest received from abroad
Less: Monetary interest paid to abroad
1963
H^
1964
1965
1966
10 Personal interest income (component of personal
income) _
11
Net interest (component of national income)
Monetary interest paid by consumers
Net interest paid by government
12
13
31.4
34.9
38.4
42.4
13.8
91
8.5
15.8
10 1
9 0
17.9
11 3
9.2
20.2
12 4
99
Addenda :
14
Monetary interest paid net of interest received by
government (3+84-12+13)
57.1
63.4
70.0
78 8
15
Gross interest paid by government
11.2
12 0
12.7
13 9
16
Monetary interest paid (3+8+12+15)
59.8
66.4
73.5
82.8
1963
1964
1965
404.6
438.1
472.2
508.8
26.0
378.6
27.7
410 4
29.5
442.7
31.3
477 5
384.7
411.9
445.0
479.0
49
Personal outlays
Imputations included, net (52+53+55+57+63
_|_64_|_66_(-69+.7o+7i+72-67-68)
Excluding imputations (40— 41)
-..
10.2
374.5
12.2
399.7
14.1
430.9
19.1
459.9
43
44
45
Interest paid by consumers
Imputations included, net (—54—58—65)
Excluding imputations (43— 44) _.
__ _ _
9.1
-9.4
18.5
10.1
-10.5
20.6
11.3
-11.6
22.9
12.4
-12.9
25.3
46
47
48
Personal saving
Imputations included, net (67+68-52-57-63).
Excluding imputations (46— 47)
-
19.9
15.8
4.1
26.2
15.4
10.8
27.2
15.3
11.9
29.8
12.2
17.6
37.1
5.3
31.7
6.1
6.8
9.0
9.8
39.3
5.3
34.0
6.5
7.3
10.0
10.2
41.7
5.4
36.4
6.9
7.9
11.0
10.6
44.1
5.4
38.7
7.2
8.4
12.2
10.9
1.1
1.2
.9
Table 7.3.—-Imputations Included in National Income and Product Accounts
[Billions of dollars]
§
3
1
9
3
4
5
fi
7
8
q
Gross national product.
__
_
Imputations included, net (51+56+62+69+70+71
+72)
.
Excluding imputations (1—2)
Personal consumption expenditures
Imputations included, net (51+56+62+69+70
+71+72—67—68)
Excluding imputations (4—5)
Gross private domestic investment .
Imputations included, net (67+68)
Excluding imputations (7—8)
__
11
i?
C apital consumption allowances
Imputations included, net (52+57+63)
Excluding imputations (10— 11)
13
14
15
Indirect business taxes
Imputations included, net (53+64)
Excluding imputations (13— 14) _
10
16
17
18
__ -.
National income
Imputations included, net (54+55+58+65+66
+69+70+71+72)
.
Excluding imputations (16—17)
19
?0
21
Wages and salaries
Imputations included net (70+71+72)
Excluding imputations (19—20)
9.9,
?3
?,4
Proprietors' income
Imputations included, net (66)
Excluding imputations (22—23)
?„•>
26
9,7
Rental income of persons
Imputations included, net (55)..
Excluding imputations (25—26)
?,8
Net interest
_
Imputations included, net (54+58+65+69)
Excluding imputations (28—29)
?q
30
31
__.
Personal income
1963
1964
1965
1966
590.5
632.4
683.9
743.3
43.0
547.5
46.2
586.2
49.6
634.3
53.2
690.1
375.0
401.2
433.1
465.9
19 6
355.4
22 7
378.5
25 7
407.4
31.9
434.0
87.1
23.4
63.7
94.0
23.5
70.5
107.4
23.9
118.0
21.2
96.8
52.6
7.6
45.0
56.1
8.1
48.0
59.9
8.5
51.4
63.5
9.0
54.5
54.7
7.0
47.7
58.4
7.5
50.9
62.2
81
54.1
65.1
8.6
56.5
oo
r
a
3
Personal income — Continued
Disposable personal income
Imputations included, net (53+55+64+66+69
4-70+71+72)
Excluding imputations (37—38)
37
38
39
40
41
Specific imputations
Space rental value, owner-occupied nonfarm dwellings
50 Less: Associated purchases of goods and services
51 Equals: Imputations included in GNP, net (49— 50) —
Capital consumption allowances
52
53
Taxes
54
Interest
_ _ _ ...
Net rent (51—52—53—54)
55
49
481.9
518.1
562 4
616.7
28.4
453 5
30.6
487.5
33.0
529 4
35.6
581.1
311.1
2 0
309.1
333.7
21
331.6
359.1
2 2
356.9
394.6
2 6
392 0
51 0
10
50.0
52 3
1.0
51.3
56 7
10
55 7
59 3
10
58 3
17.1
9.8
7.3
18.0
10.2
7.8
19.0
10.6
8.4
13.8
15 6
— 1.8
15.8
17.4
— 1.6
465.5
56
57
58
Space rental value, institutional buildings
Capital consumption allowances
Interest
19 4
10.9
8 5
59
60
61
fi?
17.9
19 1
—1 2
20 2
21 1
— 9
63
64
65
66
Space rental value, owner-occupied farm dwellings __
Food and fuel produced and consumed on farms. _ _ _
Less: Associated purchases of goods and services. __
Equals: Imputations included in GNP, net (59
+60—61)
Capital consumption allowances. _ __ _ _ _ _
Taxes
Interest
__.
__
- - ..
Proprietors' income (62—63—64—65)
497.5
537 8
584 0
3?
33
Imputations included, net (55+66+69+70+71+72)
Excluding imputations (31—32)
19.0
446.5
20.1
477.4
21 4
516.4
22 8
561 2
34
35
36
Personal tax and nontax payments
Imputations included, net (—53—64)
Excluding imputations (34—35)
60.9
—7 0
67.9
59.4
—7 5
66.9
65.6
—8 1
73.7
75 2
—8 6
83.8
1966
_ __
Owner-occupied dwellings, net purchases
Institutional buildings, net purchases
Services furnished without payment by financial
intermediaries
- 70 Food furnished employees
. __
..
71 Standard clothing issued to military personnel
72 Employees' lodging
67
68
69
9
9
1.3
1.0
.3
1.4
1.1
.4
1.7
1.0
.8
1.8
.9
.7
1.8
.9
.6
1.9
.9
.0
2.0
.6
2
.2
1.0
2.0
.6
.2
2
1.0
2.1
.6
2.2
.7
.3
1.0
.3
1.0
20.3
3.1
20.1
3.3
20.1
3.8
17.2
4.0
G.2
1.8
.1
.1
6.9
1.9
.1
.1
7.6
2.0
.1
.1
8.3
2.3
.9
9
.2
Table 7.4.—Corporate Profits and Inventory Valuation Adjustment: Not Seasonally Adjusted
[Billions of dollars]
I
Corporate profits and inventory valuation adjustment
-.
Profits before tax
Profits tax liability. Profits after tax
Inventory valuation adjustment
.. _
II
III
IV
I
II
19 56
1965
1964
1963
III
IV
I
II
IV
III
I
II
III
IV
13.1
15.2
14.6
16.0
15.2
17.2
16.5
17.4
17.3
19.1
18.2
20.4
19.2
21.1
20.1
21.9
13.0
15 5
14.6
16.3
15.3
17.3
16.6
17.6
17.6
19.7
18.4
6.5
8.8
o
7.3
9.9
.0
10.1
10.4
20.9
8.5
12.3
-.5
19.9
8.2
11.7
-.7
21.7
8.9
12.7
-.6
20.7
8.5
12.2
-.G
21. G
8.9
12.7
.3
5.7
7.2
.1
6.9
8.7
-.3
6.5
8.1
.0
7.2
9.1
-.3
7.0
9.5
-.1
7.5
_ 9
7.2
-.4
8.1
11.6
-.6
7.5
10.9
9
SURVEY OF CURRENT BUSINESS
July 1967
41
Table 7.5.—Relation of Corporate Profits, Taxes, and Dividends in the National Income and Product Accounts to Corresponding Totals
as Tabulated by the Internal Revenue Service
[Millions of dollars]
1964
o
a
3
63 059
16
Federal income and excess profits taxes—IRS
17
19
Plus: Posttabulation amendments and revisions,
including results of audit and renegotiation
and carryback refunds
Amounts paid to U.S. Treasury by Federal
Reserve banks
State income taxes on corporations
05
G
3
1
Compiled net profit— IRS 1
1961
1962
1963
47 034
50 842
55 599
Plus: Posttabulation amendments and revisions,
including allowance for audit profits and
gross renegotiation refunds
Depletion on domestic minerals
_
3
2
4 149
2,699
4 331
2,849
4 575
3,058
5 030
3,457
Oil well drilling costs in excess of depreciation
on oil wells
594
556
296
257
5
Oil well bonus payments written off .
456
458
437
418
20
21
Less: U.S. tax credits claimed for foreign taxes paidInvestment tax credit
6
7
State income taxes on corporations
Income of Federal Reserve banks, Federal
home loan banks, and Federal land banks-
1 353
1 433
1 684
1 905
22
837
941
1,037
1,228
4
Adjustment for insurance carriers and mutual
depositary institutions
Bad debt adjustment .
8
q
10
11
12
Less: Tax-return measures of:
Gains, net of losses, from sale of property
Dividends received from domestic corporations . __
_
Income on equities in foreign corporations
and branches (to U.S. corporations)
Costs of trading or issuing corporate securities .
13
Plus: Income received from equities in foreign corporations and branches by all U.S. residents,
net of corresponding outflows
14
15
Equals: Profits before taxes — National income and
products accounts.
_
390
1 887
329
2 329
205
2 129
241
2 377
18
24, 179
26, 324
28, 345
23
Profits after tax— National income and prod act accounts (line 15 less line 22)
27, 245
31, 229
33, 077
38, 444
?4
Dividends paid in cash or assets—IRS
18, Oo8
19, 565
21,202
23,305
Plus: Dividends paid by Federal Reserve banks and
Federal land banks
26
U S receipts of dividends from abroad, net of
payments to abroad. _.
?7
28
Less: Dividends received by U.S. corporations
Capital gains distributions of investment companies
29
30
50, 349
2,566
55, 408
2,547
3,109
59 401
66, 789
560
Equals: Federal and State income and excess profits
tax liability— National income and product
23, 104
accounts
4 022
2,321
498
2,270
1,318
3 448
306
415
1,915
1,105
3 645
5 842
366
27 886
1,564
834
3 276
272
26 283
1,490
25
4 694
23 930
879
1,684
4,122
296
22 188
799
1,433
3,752
3 806
1963
687
1,353
3,479
389
1962
1,582
1,905
4,064
3 642
1964
1961
33
37
42
47
1,069
1,229
1,017
1,340
4,799
5,084
5,274
6,265
571
564
533
616
Equals: Net dividends— National income and product accounts
- -
13, 770
15, 183
16, 454
17,811
Undistributed profits— National income and product
accounts (line 23 less line 29)
13,475
16, 046
16, 623
20, 633
1. Beginning 1963, equals total receipts less total deductions.
Table 7.6.—Selected Per Capita Income and Product Series in Current and Constant Dollars
Millions
Year
Population i
1958 dollars
Current dollars
Gross
national
product
Personal
income
Disposable
personal
income
Personal consumption expenditures
Personal consumption expenditures
Total
Gross
national
product
Durable
goods
Nondurable
goods
Services
Disposable
Personal
income personal
income
Total
Durable
goods
Nondurable
goods
Services
1929
121.9
846
705
683
634
76
309
249
1,671
1,274
1,236
1,145
134
569
443
1930
1931
1932
1933 . ..
1934
123.2
124.1
124.9
125.7
126.5
734
611
465
442
514
625
531
401
374
427
605
516
390
362
414
567
487
389
364
406
58
44
29
28
33
276
233
182
177
211
233
210
178
160
162
1,490
1,364
1,154
1,126
1,220
1,167
1,108
949
921
981
1,128
1,077
921
893
952
1,059
1,016
919
897
934
105
90
67
66
74
535
528
483
466
494
418
398
367
366
364
127.4
128.2
129.0
130.0
131.0
567
643
701
651
691
474
535
575
526
555
459
518
552
504
537
437
483
516
492
510
40
49
54
44
51
230
256
273
261
268
167
177
189
187
191
1,331
1,506
1,576
1,484
1,598
1,068
1,198
1,236
1,153
1,232
1,035
1,158
1,187
1,105
1,190
985
1,080
1,110
1,079
1,131
92
113
117
94
111
517
573
589
593
620
376
394
403
392
401
1940
1941
1942
1943
1944
132.1
133.4
134.9
136.7
138.4
754
934
1,171
1,401
1,518
593
719
911
1,106
1,194
573
695
867
976
1,057
536
604
656
726
782
59
72
52
48
49
280
321
376
429
465
197
210
228
250
269
1,720
1,977
2,208
2,465
2,611
1,303
1,477
1,663
1,847
1,889
1,259
1,427
1,582
1,629
1,673
1,178
1,240
1,197
1,213
1,238
126
143
87
75
68
640
674
677
685
703
412
422
434
452
467
1945.
1946
1947
1948
1949
139.9
141.4
144.1
146.6
149.2
1,515
1,475
1,605
1,757
1,719
1,223
1,264
1,327
1,434
1,389
1,074
1,132
1,178
1,290
1,264
855
1,014
1,115
1,184
1,185
57
111
142
155
165
514
583
628
656
634
284
320
346
373
386
2,538
2,211
2, 150
2,208
2, 172
1,870
1,793
1,703
1,742
1,700
1,642
1,606
1,513
1,567
1,547
1,308
1,439
1,431
1,438
1,451
76
145
171
179
190
748
784
751
741
741
484
510
509
517
520
1950
1951
1952- . 1953
1954
151.7
154.3
157.0
159.6
162.4
1,877
2,129
2,201
2,285
2,247
1,501
1,657
1,736
1,806
1,787
1,364
1,469
1,518
1,583
1,585
1,259
1,337
1,381
1,441
1,456
201
192
187
208
202
647
705
726
732
728
412
440
468
501
526
2, 342
2,485
2,517
2, 587
2, 506
1,810
1,870
1,918
1,969
1,932
1,646
1,657
1,678
1,726
1,714
1,520
1,509
1,525
1,572
1,575
229
204
196
221
218
752
755
770
780
773
539
550
559
571
584
1955
1956
1957—
1958
1959
165.3
168.2
171.3
174.1
177.1
2,408
2,492
2,576
2,569
2,731
1,881
1,980
2,050
2,074
2,166
1,666
1,743
1,801
1,831
1,905
1,539
1,585
1,643
1,666
1,758
240
231
238
218
250
746
768
792
805
828
553
585
613
643
679
2,650
2, 652
2, 642
2, 569
2, 688
2, 027
2,088
2,098
2, 074
2, 138
1,795
1,839
1,844
1,831
1,881
1,659
1,673
1,683
1,666
1,735
261
244
242
218
247
797
810
810
805
829
601
619
631
643
660
180.7
183.8
186.7
189.4
192.1
2,788
2,830
3,002
3,117
3,292
2,219
2,268
2,371
2,457
2,589
1,937
1,983
2,064
2,136
2,280
1,800
1,824
1,902
1,980
2,088
251
240
265
285
308
837
848
871
890
930
712
735
766
805
850
2, 699
2, 706
2,838
2,909
3,025
2,157
2, 183
2,260
2,316
2,411
1,883
1,909
1,968
2, 013
2, 123
1,749
1,755
1,813
1,865
1,945
248
239
264
284
307
828
833
848
856
886
673
684
702
725
752
194.6
196.9
3,514
3,775
2,764
2,966
2, 427
2, 584
2,226
2,366
339
357
983
1,054
904
955
3,169
3,314
2, 542
2,660
2, 232
2, 317
2,047
2, 123
341
362
919
953
787
808
- -
1935
1936
1937
1938
1939
_
1960
1961
1962...
1963
1964
... .
1965
1966
1. U.S. population, including Armed Forces abroad.
SURVEY OF CURRENT BUSINESS
42
July 1967
8.—Implicit Price Deflators
Table 8.1.—Implicit Price Deflators for Gross National
Product
[Index numbers, 1958=100]
1963
1963
1964
1965
1966
I
II
1964
III
IV
I
1965
II
III
IV
I
1966
II
III
IV
I
II
III
IV
Seasonally adjusted
Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
_ _ _ _ _
107.2
108.8
110.9
113.9
106.7
107.0
107.2
107.8
108.2
106.1
107.4
108.7
111.5
105.6
106.0
106.2
106.7
106.9
100.4
104.0
110.9
100.4
104.9
113.1
99.5
106.9
114.8
98.6
110.6
118.3
100.3
103.6
110.2
100.5
103.9
110.7
100.2
104.0
111.1
100.4
104.5
111.7
100.6
104.6
112.3
109.1
109.6
110.2
110.8
111.2
111.7
112.5
113.5
114.4
115.3
107.3
107.4
107.8
108.0
108.6
108.9
109.2
110.1
111.2
111.8
112.7
100.5
104.8
112.9
100.4
104.9
113.3
100.1
105.4
113.8
100.3
105.7
114.0
100.0
106.6
114.6
99.0
107.3
115.0
98.6
107.9
115.6
98.0
109.4
116.6
98.4
110.3
117.8
98.7
111.0
118.7
99.4
111.6
119.9
108.5
Gross private domestic investment .
_- _
Fixed investment
106.0
107.6
110.0
112.5
105.3
105.8
106.3
106.4
106.7
107.4
108.0
108.4
109.1
110.0
110.2
110,9
111.4
112.2
112.8
113.7
_
104.5
105.7
107.7
110.2
104.3
104.6
104.7
104.6
105.1
105.5
105.9
106.2
107.0
107.4
107.8
108.5
109.1
109.7
110.4
111.6
Structures
Producers' durable equipment
.__ _ _ _ .
108.9
111.1
114.6
118.4
108.6
109.0
109.4
108.6
109.7
110.8
111.9
112.1
113.3
113.9
115.1
116.1
116.8
117.7
118.9
120.1
102.3
103.0
104.2
106.2
102.0
102.2
102.3
102.5
102.7
102.9
103.0
103.4
103.9
104.1
104.2
104.7
105.1
105 8
106.3
107.7
108.9
112.3
116.4
120.9
107.5
108.4
109.5
110.2
110.4
111.7
113.2
114.0
114.7
115.4
117.4
118.2
118.7
120.4
122.0
123.2
109.0
107.2
112.4
108.2
116.5
110.2
121.1
114.1
107.5
107.4
108.4
108.5
109.6
105.9
110.3
107.2
110.5
107 5
111.8
108.0
113.3
108.0
114.1
109 6
114.9
107.3
115.6
109.4
117.5
111.4
118.3
112.7
118.8
111.9
120.5
114.1
122.2
114.6
123.4
115.9
100.6
99.5
101.5
101.5
104.5
102.4
105.4
104.1
101.1
98.4
100.7
99.0
100.3
100.0
100.4
100.6
100.5
101.5
100.8
101.7
101.7
101.2
102.9
101.4
104.6
102.0
104.6
101.3
104.7
102.7
104.1
103.3
104.4
103.2
105.0
104.0
105.4
104.8
106.7
104.3
111.8
115.7
119.4
123.9
110.6
111.2
111.7
113.4
114.5
114.8
116.4
117.4
117.9
118.7
119.8
121.2
122.2
123.1
124.6
125.2
108.0
116.3
112.2
119.5
115.5
123.4
119.1
129.0
107.0
115.1
107.5
115.7
107.7
116.5
109.8
117.7
111.1
118.3
111.3
118.6
112.8
120.2
113.7
121.3
114.3
121.6
114.5
122.9
115.5
124.2
117.6
124.9
117.9
126.6
118.3
128.3
119.7
129.9
120.2
130.8
Nonresidential
Residential structures
Nonfarm
Farm
_
Change in business inventories
Net exports of goods and servicesExports
Imports
_ _ _ _.
Government purchases of goods
and services
Federal
State and local
Table 8.2.—Implicit Price Deflators for Gross National Product by Major Type of Product
[Index numbers, 1958=100]
1963
1963
1964
1965
1966
I
II
1965
1964
III
IV
I
II
III
IV
I
1966
II
III
IV
I
II
III
IV
Seasonally adjusted
107.2
108.8
110.9
113.9
106.7
107.0
107.2
107.8
108.2
108.5
109.1
109.6
110.2
110.8
111.2
111.7
112.5
113.5
114. 4
115.3
103.0
103.5
105.0
107.3
102.9
103.1
103.0
103.2
103.3
103.4
103.5
103.9
104.6
105.2
105.2
105.5
106.2
107.0
107.6
108.5
101.7
104.0
102.0
104.5
102.4
106.9
103.1
110.4
101.6
103.6
101.7
103.9
101.5
104.0
101.7
104.3
101.9
104.2
101.8
104.4
102.0
104.5
102.2
105.1
102.9
105.8
102.9
106.8
102.3
107.3
102.2
107.7
102.0
109.3
102.8
110.1
103.2
110.9
104.5
111.5
Services
112.6
115.8
118.3
122.1
111.9
112.3
112.6
113.8
114.7
115.4
116.3
116.9
117.4
117.8
118.5
119.4
120.4
121.4
122.6
123.8
Structures..
108.7
111.6
115.5
120.1
107.6
108.2
109.4
109.7
110.2
110.8
112.5
113.2
113.8
114.9
116.2
117.1
117.8
119.6
121.2
122.0
Addendum; Gross auto product.
101.5
101.2
99.9
98.2
101.2
102.1
101.0
101.5
101.5
101.4
101.2
100.7
101.0
100.5
98.9
99.2
97.8
98.1
98.0
99.0
Gross national product
Goods output..
_ -.
Durable goods .
Nondurable goods
SUKVEY OF CUKKENT BUSINESS
July 1967
43
Table 8.3.—Implicit Price Deflators for Gross National Product by
Major Type of Product and Purchaser
[Index numbers, 1958=100]
Table 8.5.—Implicit Price Deflators for Gross Farm Product
1963
1964
107.2
108.8
110.9
113.9
101.7
102.0
102.4
103.1
Personal consumption expenditures
Producers' durable equipment
100.4
102.3
100.4
103.0
99.5
104.2
98.6
106.2
Oovftrnrnp.nt pnmKasflS
Net exports .
102.0
103.2
104.5
106.9
Gross national product
-
Durable goods
1966
1965
[Index numbers, 1958=100]
1963
1966
97.6
95.5
100.5
107.9
Cash receipts from farm marketings and CCC loans
96.8
94.6
99.3
107.0
Farm products consumed directly in farm households..
93.6
94.6
101.8
112. 2
Total value of farm output
Change in farm inventories
Change in business inventories
Nondurable goods. _ - _ . - .
...
Personal consumption expenditures
Government purchases
.
Net exports..
Change in business inventories
1965
1964
. .
104. 0
104.0
_ .. _ _ 99.3
.. . .
104.5
104.9
96.5
106.9
106.9
98.9
110.4
Gross rental value of farm homes
114.3
117.9
122.5
124.2
110.6
104.7
Less: Value of intermediate products consumed, totalIntermediate products consumed, other than
rents,.
Gross rents paid to nonfarm landlords (excluding operating expenses)
101.2
99.3
101.2
104.7
100.9
98.7
100.8
104.6
104.8
104.2
104.0
105.9
94.6
92.3
100.0
110.7
94.6
92.3
100.0
110.7
. _. _ .
Services _ .
112.6
110.9
117.9
Personal consumption expenditures
Government purchases
115.8
113.1
123.7
118.3
114.8
128.0
122.1
Plus: Other items
.
118.3
131.9
Equals: Gross farm product. .
_
_
Net exports
Structures
Private structures
Government structures
__.
... _ _ .
108.7
111.6
115.5
120.1
108.9
108.3
111.8
111.3
115.6
115.4
119.5
121.2
Table 8.4.—Implicit Price Deflators for Gross National Product by Sector
[Index numbers, 1958=100]
1963
1963
1964
1965
1966
I
II
1964
III
IV
I
II
1965
III
IV
I
1966
II
III
IV
I
II
III
IV
Seasonally adjusted
107.2
108.8
110.9
113.9
106.7
107.0
107.2
107.8
108.2
108.5
109.1
109.6
110.2
110.8
111.2
111.7
112.5
113.5
114.4
115.3
105.8
107.0
108.9
111.6
105.4
105.7
105.9
106.2
106.5
106.8
107.2
107.7
108.3
108.8
109.1
109.5
110.2
111.2
112.0
112.9
105.4
106.6
108.3
111.0
105.0
105.3
105.5
105.9
106.0
106.3
106.7
107.2
107.7
108.3
108.6
108.9
109,6
110.6
111.4
112.3
106.0
94.6
107.2
92.3
108.7
100.0
111.0
110.7
105.5
95.3
105.9
93.4
106.0
95.5
106.4
94.3
106.5
94.0
107.0
92.1
107.5
90.6
107.9
92.4
108.3
95.0
108.7
99.3
108.9
101.7
109.1
104.0
109.5
112.4
110.5
112.9
111.4
110.8
112. 5
106.7
Households and institutions . . 120.9
126.4
132.3
137.0
121.5
128.4
133.5
139.2
120.1
120.6
121.1
124.4
126.4
127.3
129.4
130.5
131.4
132.3
134.0
136.4
137.4
138.1
140.0
141.0
Gross national product
Private
Business
Nonfarm
Farm
General government
SUKVEY OF CUREENT BUSINESS
44
July 1967
Table 8.6.—Implicit Price Deflators for Personal Consumption
Expenditures by Type of Product
Table 8.7.—Implicit Price Deflators for Purchases of Structures by
Type
[Index numbers, 1958=100]
[Index numbers, 1958=100]
Personal consumption expenditures
J
Durable goods
1964
1965
106.1
107.4
108.7
100.4
Autos and parts
100 6
New cars and net purchases of used cars
Tires, tubes, accessories, and parts
Furniture and household equipment
Furniture, including mattresses and bedsprings.
Kitchen and other household appliances
China, glassware, tableware, and utensils, and other
durable house furnishings
Eadio and television receivers, records, and musical
instruments
Other durable goods
Ophthalmic products and orthopedic appliances
Wheel goods, durable toys, sport equipment, boats,
and pleasure aircraft
Nondurable goods
Food and beverages
Food purchased for off-premise consumption
Purchased meals and beverages. __ _
Food furnished government (including military) and
commercial employees, and food produced and
consumed on farms
_ ___ .
Addenda: Food excluding alcoholic beverages ..
Alcoholic beverages
Clothing and shoes .
Shoes and other footwear
Women's and children's clothing and accessories
Men's and boys' clothing and accessories, and standard clothing issued to military personnel
Gasoline and oil.
1963
_ ._
Other nondurable goods
Tobacco products
Toilet articles and preparations
_._
Semidurable house furnishings. _
Cleaning and polishing preparations, and miscellaneous household supplies and paper products. _
Other fuel and ice
Drug preparations and sundries. .
Nondurable toys and sport supplies
Services
Housing
Owner-occupied nonfarm dwellings— space-rental
value
Tenant-occupied nonfarm dwellings (including
lodging houses)—space rent
Rental value of farmhouses
Household operation services
Electricity
Gas
Water and other sanitary services
Telephone
Domestic service
Transportation services
User-operated transportation services
Purchased local transportation
. _.
Street and electric railway and local bus
Purchased intercity transportation
_ _.
Railway (excluding commutation)
Intercity bus
Airline.
„_
_. _
Other services _ . _
Shoe cleaning and repair
Cleaning, dyeing, pressing, alteration, storage, and
repair of garments including furs, and laundering,
i n establishments
_ _ _ _ _
Barbershops, beauty parlors, and baths
Medical care services
Physicians
Dentists
Services furnished without payment by financial
intermediaries except insurance companies
Admissions to specified spectator amusements
100 6
99.5
99 4
111.5
98.6
97 8
Total structures
_
.. ... ._
Residential structures
101.6
93 7
101.5
94.0
99.9
95 3
98.0
96.1
99 4
99 2
98 4
98 2
102.3
90.6
102.8
89.3
103.8
87.6
106.8
86.2
Brokers' commissions on sale of structures
Net purchases of used structures
_
102.8
103.7
104.1
106.3
102 3
100.8
97.7
94.0
102 3
103 7
102 9
102 3
109.3
110. 7
113.0
116.1
104 0
103.7
102.5
102.4
104 0
104 9
106 9
110 6
103 6
104 8
107 2
112 2
102.0
111.6
103.1
113.0
105.5
115.0
110.5
119. 2
95.4
103.1
106.9
96.0
104.4
107.0
101.6
107.2
107.2
109.9
112.7
108.6
105 2
106 1
107 3
110 7
_ ._ _ _ _
Private structures
New construction
Nonfarm buildings
Farm buildings . _ _ _
..
.
_
1963
1964
1965
108.8
111.7
115.5
120.1
108.9
111.8
115.6
119.5
108.9
112.3
116.4
120.9
108.9
109.0
107.2
112.3
112.4
108.4
116.4
116.5
110.1
120.9
121.0
114.1
108.9
108.9
112.2
112.3
116.5
116.5
120.8
120.8
1966
___
108.9
111.1
114.6
118.4
New construction
Nonresidential buildings , excluding farm
Industrial
Commercial
-Religious, educational, hospital and institutional,
and other
108.9
112.8
106.5
115.8
111.2
115.8
109.6
119.1
114.7
119.3
113.5
122.9
118.4
123.2
116.8
127.0
114.0
117.3
121.0
127.2
104.4
104.3
105.0
101.6
110.0
105.3
105.4
106.6
101.5
106.9
104.1
113.2
106.4
106.2
109.4
102.3
109.0
107.7
116.4
108.5
108.3
113.4
107.3
114.2
110.7
120.0
114.8
110.9
99.6
116.5
97.7
121.6
95.7
126.8
95.8
130.5
110.2
112.8
113.2
115.8
116.4
119.3
120.5
123.2
Nonresidential structures
_
_ _ _
Public utilities
__ .
Railroads
_ _
.Telephone and telegraphElectric light a n d power
_
_ _
______
Gas
. ._
-Other
Farm
- Petroleum and natural gas well drilling and exploration
All other private construction ..
Brokers' commissions on sale of structures
Net purchases of used structures
_ _. _
Public structures
New construction
108.4
111.4
115.5
121.2
108.4
111.3
115.4
121.2
113.2
109.7
106.0
114.0
115.1
114.1
116.9
112.5
109.6
117.6
119.2
117.7
120, 3
116.9
113.0
121.0
120.0
121.5
126.1
120.9
116.4
127.2
126.2
126.6
110. 6
109.7
116.2
114.0
116.3
116.5
110.1
101.4
112.5
121.1
118.5
121.7
121.9
112.3
105.2
116.1
125.9
123.2
126.8
127.4
116.6
112.0
120.6
130.6
127.8
131.5
131.5
121.9
110.5
103.7
110.9
104.3
112.8
105.3
119.7
107.9
105.5
107. 1
108.6
111.8
103 5
103 2
106 2
108.4
104 1
104 9
106 3
107.5
110 6
102.3
103.1
113 0
102.4
104.3
117 4
101.8
105.3
121 1
100.8
106.5
100.9
105.1
98.3
100.7
100.9
104.7
98.0
100.2
101.0
106.8
97.7
101.3
102.6
109.5
98.0
100.2
110 9
113 1
114 8
118 3
107 0
108 1
109 3
110 9
Table 8.8.—Implicit Price Deflators for Private Purchases of Producers' Durable Equipment by Type
106 7
107 7
108 8
110 3
[Index numbers, 1958=100]
106.7
114.3
107.7
117.9
108.8
122.5
110.3
125.6
109.0
109.8
110 2
110.7
103.1
111 7
116.9
104 3
116 7
102.6
112 0
118.0
104.3
121.1
102. 1
112.3
121.2
102 8
126.8
102.1
113.0
125.2
100.7
133.5
110 6
111.7
115.3
119.0
108.5
119.5
118.9
110.2
102.3
106 4
114 9
109.4
122.5
121.7
111.0
102.0
107 2
115 3
114.0
125.4
124.3
111.6
102.1
109 7
114.8
118.0
131.0
129.7
112.5
102.1
112.6
114.9
115.5
119.4
121.8
128.1
114 8
115.8
116.5
117.2
110.4
112.1
117.7
116.9
113.3
112.9
114.9
121.7
120.9
116.2
115.7
118.4
125.0
125.3
119.9
121.1
123.9
132.8
132.4
123.7
118.7
124.9
124.2
134.1
121.9
144.2
129.0
152.9
1. Totals and subtotals include items not shown separately.
100.4
1966
Buildings excluding military
Residential
Industrial
Educational
__
Hospital
Other public buildings
_- - ..
Highways and streets
Military facilities
„
Conservation and development
Other public construction
Sewer systems
_ .
Water supply facilities
Miscellaneous public construction
-
1966
1964
1965
102.3
103.0
104.2
106.2
102.2
103.0
104.3
106.3
101.2
101.8
103.1
104.4
107.4
83.2
104.9
98.4
105.8
109.2
106.9
115.6
102.2
103.0
104.3
106.3
102.4
101.5
92.4
111.3
102.7
101.5
94.9
114.0
103.3
101.4
95.3
116.1
105.3
105.0
97.5
119.3
_ . ._
111.8
107.7
105.2
107.6
113.2
110.2
106.4
110.2
116.5
112.6
107.1
114.2
120.1
115.8
108.8
119.7
Special-industry machinery n c c
General industrial, including materials handling, equipment
Office computing and accounting machinery
Service-industry machines
Electrical machinery
_.
_.
Electrical transmission, distribution, and industrial
apparatus
Communication equipment
Other electrical equipment
Trucks buses and truck trailers
Passenger cars
_
__- _.
Aircraft
Ships and boats
Railroad equipment
- __
Instruments
_
_ _ _. _.
-Miscellaneous equipment
110. 7
112. 7
115.0
119.0
103.9
102.5
97.6
98.0
105.3
102.7
98.6
98.4
107.9
103.0
99.5
98.2
111. 5
103.5
101.7
99.5
95.6
100.7
98.0
98.4
101.6
101.7
96.9
103.7
106.2
94.9
95.8
101.1
98.8
98.4
100.0
103.2
100.7
103.7
106.5
94.9
95.2
101.4
98.0
99.6
100.5
105.0
102.2
104.2
107.6
93.2
98.1
101.5
97.0
100.1
100.2
108.5
105.5
104.4
110.7
94.2
1963
Total private purchases
__ _
Purchases of new equipment
_ __
.
Dealers' margins on used equipment (except passenger
cars)
- -- - - Net purchases of used equipment from government
Less • Exports of used equipment
_
Sale of equipment scrap (except passenger cars)
Total excluding scrap deduction
Furniture and fixtures
Fabricated metal products
Engines and turbines
Tractors
_
_ _
Agricultural machinery (except tractors) _ _
Construction machinery
Mining and oilfield machinery
Metalworking machinery
__
U.S. GOVERNMENT PRINTING OFFICE: 1967
-266-250
CURRENT BUSINESS STATISTICS
J.HE STATISTICS here update series published in the 1965 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
or CURRENT BUSINESS. That volume (price $2.00) provides a description of each series, references to sources of earlier figures, and historical data
as follows: For all series, monthly or quarterly, 1961 through 1964 (1954-64 for major quarterly series), annually, 1939-64; for selected series,
monthly or quarterly, 1947-64 (where available). Series added or significantly revised after the 1965 BUSINESS STATISTICS went to press are indicated
by an asterisk (*) and a dagger (f), respectively; certain revisions for 1964 issued too late for inclusion in the 1965 volume appear in the monthly
SURVEY beginning with the September 1965 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding
to revised annual data are available upon request.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through
the courtesy of the compilers, and are subject to their copyrights.
1964
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1966
1965
1964
IV
III
II
Annual total
1966
1965
I
|
IV
III
II
1967
II
I
II *>
I
IV
III
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCTf
Gross national product total f
-
-
bil. $
Personal consumption expenditures, total
r
do
Durable goods, total 9 . .
._do__.
Automobiles and parts
do
Furniture and household equipment- _ _ _ d o
Nondurable goods, total 9
Clothing and shoes
. __ _ - _
Food and beverages
Gasoline and oil
- Services total 9
Household operation
Housing
_
Transportation
-
-
do
do___
do
._ _ -do
do
-do
do
do
-
Gross private domestic investment, total
do...
Fixed investment
-do
Nonresidential
_ _ do. _.
Structures
do
Producers' durable equipment ._ ._ .do
Residential structures..
do___
Nonfarm
do
Change in business inventories. .
do
Nonfarm .
._
.-. -do. _
Net exports of goods and services
Exports . ...
Imports
.
-
_
do
_do__.
do
Govt. purchases of goods and services, total.. do
Federal
_
do
National defense
.. _. . ._ _ do
State and local
do
By major type of product:!
Final sales, total
Goods, total
_ ..
Durable goods
Nondurable goods.
Services
Structures
do
do
do
. ...
do
do
. . . do
... _ _
Change in business inventories
Durable goods _
Nondurable goods
.
_
.
r
r
r
r
645 1 r 662 7
r 708 4 ' 725 9 r 736 7
r 675 4
r 690 0
433.1
465.9
397.6
406.6
408.9
420.2
428. 1
436.4
447 8
458 2
461 6
470 1
473 8
480 2
488 9
59.2
25.8
25.0
66.0
29 9
27.0
70.3
29 8
29.9
59.6
26 0
25.2
60.7
26 9
25 1
58.7
24 6
25 6
65 2
30 4
25 8
64.2
29 2
26 1
66 1
29 8
27 3
68 6
30 3
28 9
71 6
31 4
29 4
68 2
28 5
29 1
70 9
29 8
30 6
70 6
29 6
30 6
69 4
27 3
31 4
72 i
29 5
31 7
178.7
33.5
92.9
14.0
191.2
36.1
99 0
15. 1
207 5
40.3
106 7
16 2
175 9
32 6
92 0
13 9
181
34
94
14
3
2
0
1
182 9
34 5
95 1
14 3
184
34
95
14
6
6
6
3
189
35
98
15
8
6
3
1
192
36
99
15
4
2
4
3
198 0
37 8
102 5
15 7
203
39
105
15
163.3
24.3
59.3
11.6
175 9
25. 7
63.6
12 6
188 1
27.0
67. 1
13 6
162
24
58
11
164
24
59
11
6
5
8
7
167 3
24 5
60 8
11 8
170
94
61
12
4
7
9
0
174
25
63
12
2
5
2
5
177
26
64
12
8
1
2
8
181 2
26 5
65 3
13 1
112 3
683. 9
743. 3
628 0
1
3
8
5
638. 9
94.0
107.4
118.0
93 4
94 2
97 9
88.2
61.1
21.2
39.9
27. 1
26 6
5.8
6.4
98.0
71. 1
25 1
46.0
27.0
26 4
9 4
8.4
104 6
80.2
27 9
52 3
24.4
23 8
13 4
13 7
87
60
21
39
27
26
6
7
89
62
21
41
27
26
4
5
90
63
21
41
26
26
7
8
8.5
37.1
28.6
6 9
39. 1
32 2
51
43 0
37 9
78
36 1
28 3
8 7
37 5
28 8
85
38 3
29 8
61
35 1
28 9
8 2
40 7
32 6
129.4
65 2
49 8
64 3
129.8
64 5
48 9
65 3
131.3
64 3
48 4
66 9
133.9
65 94
49
68 6
2
1
1
0
1
6
1
0
128.7
65 2
50.0
63 5
136.
66
50
69
4
8
1
6
154.3
77 0
60 5
77 9
129.2
66 0
50 7
63 2
' 626. 6
313 6
122 8
190 7
244 2
68 8
r 674. 5
337 2
132 8
204 4
262 9
74 4
r 729. 9
366 2
144 7
221 5
287 2
76 5
'621.9
310 7
122 7
188 0
242 4
68 8
'9.4
6 7
2 7
'13.4
9 9
3 *>
'6.1
4 5
16
r
do
do
do
r
401.2
632. 4
5.8
4 2
16
r
4
4
4
0
0
5
8
6
634. 1
318 5
124 9
193 5
246 5
69 2
r
r
637. 4
317 9
123 3
194 7
250 1
69 3
r
4.8
4 2
6
105 1
105 1
108 2
94
67
23
44
27
26
10
10
96
69
24
44
27
96
8
7
98
71
25
46
26
26
9
7
2
4
8
6
8
3
7
1
r
652.
325
129
196
254
71
r
7. 7
4 5
32
4
3
1
1
2
6
6
1
3
3
7
6
0
5
8
9
0 ' 666. 5
332 8
9
130 0
6
3
202 9
6
260 1
6
73 6
r
10. 6
8 7
2 0
r
102
75
27
48
26
26
9
8
5
0
3
3
210
40
107
16
3
8
2
6
214
41
109
17
2
5
3
1
216 6
42 8
110 0
17 4
183 5
26 1
66 2
13 2
186
26
66
13
3
9
5
5
189 8
27 4
67 4
13 7
192
27
68
14
9
7
5
0
196
27
69
14
6
8
6
4
200
28
70
14
115 2
118 5
116 4
122 2
110 4
106 1
103
82
27
55
20
20
18
19
7
8
7
1
9
4
5
0
103 3
81 9
27 7
54 2
21 4
20 9
71
7 3
104 0
81 3
26 3
55 0
22 7
22 1
21
2.2
7 4
40 3
32 9
61
40 5
34 4
61
42 0
36 0
138.1
67 6
50 3
70 4
142.3
69 8
52 4
72 5
r
'9.4
7 1
2 3
8.8
7 0
18
209
41
107
16
105 3
78 3
28 3
50 0
27 0
26 5
99
96
680. 6
340 2
133 9
206 3
9
66 0
74 4
698. 5
349 9
137 9
212 0
271 0
77 6
146.
72
55
74
r
'9.9
50
49
775 3
207, 1
39 8
107 0
16 2
2
5
2
8
4
7
3
3
8
2
9
7
8
9
1
8
9
4
4
9
' 748 8 r 762 1 r 766 3
104
78
27
51
25
25
14
14
5
1
1
3
716. 0
359 6
143 2
216 4
276 6
79 9
'9.9
7 4
2 5
r
5
7
5
2
8
3
0
4
104
81
28
53
23
23
11
12
9
2
2
1
7
2
4
0
2
2
7
6
5 4
42 5
37 1
4 6
43 7
39 0
4 3
44 0
39 7
53
45 3
39 9
52
44.8
39 6
151.2
74 9
58 4
76 2
157.7
79 5
63 0
78 1
161.7
81 5
65 6
80 2
170.4
87 1
70 2
83 3
175.2
89 5
72.6
85 6
759. 2
380 9
150 5
230 5
303 1
75 2
773.2
'7.1
34
37
2.1
660.7
664.6
722. 6
361 7
141 6
220 1
283 5
77 4
r
14. 0
9 7
4 3
r
737. 4
370 3
145 8
224 5
291 6
75 5
r
11.4
99
15
r
743. 6
373 2
148 3
224 9
296 9
73 5
r
18.5
12 8
15 7
r
GNP in constant (1958) dollars
Gross national product, totalf
bil. $..
Personal consumption expenditures, total
Durable goods
Nondurable goods
Services
. ... .
. ._. .
Gross private domestic investment, total
Fixed investment
Nonresidential.
Residential structures . _ _ _
Change in business inventories...
Net exports of goods and services.
do.
r
581. 1 ' 616. 7 r 652. 6
r
578. 6 ' 585. 8
588. 5
T
601. 5
r
609. 7
r
620. 7
r
634. 4
r
645. 4 ' 649. 3 ' 654. 8 '661.1
373.7
398 4
418 0
370 7
378 6
379 3
389 1
394 1
400 7
409 9
416 2
415 2
420 4
420.4
424 2
do
do
do
59 0
170 3
144 4
66 4
178 9
153 2
71 3
187 7
159 1
59 3
167 8
143 6
60 4
172 8
145 3
58 7
173 5
147 1
65 0
174 7
149 4
64 1
178 0
15° 0
66 8
179 3
154 6
69 5
183 6
156 8
73 0
185 8
157 3
69 3
187 7
158 2
71 9
188 8
159 8
71 1
188 4
160 9
69 7
191 8
162 6
do
87 8
98 0
105 6
87 3
87 6
90 8
95 9
95 9
98 3
106 5
103 6
108 4
96 9
81 9
57 8
24 2
58
89
66
93
8
81
57
24
6
2
0
3
1
g9 g
83
59
23
7
86
62
23
9
6
9
7
3
87 9
64 5
23 4
89
66
93
8
6
7
o
7
101 6
99 4
69 7
22 6
9 2
104 0
do
do
do
do
94
71
29
9
93
71
21
13
93
73
19
10
91
74
17
17
do
83
80
8 4
52
6 8
6 4
56
5 4
Govt. purchases of goods and services, total do
Federal
. .
do
State and local
.
do
1
0
2
8
6 0
93
72
20
12
0
8
2
6
4 4
58 9
23 9
4 8
124 5
112 6
111 2
64 7
59 3
57 8
53. 3
53. 5
59! 9
r
Revised.
* Preliminary.
tRevised series. Estimates of national income and
product and personal income have been revised (see p. 13 ff. of this issue of the SURVEY for
data beginning 1964; for data prior to 1964, see p. 11 ff. of the July 1966 SURVEY); revisions
r
111 2
58 1
53! 2
114 3
57 8
56.4
2
7
5
6
79
8* 0
5
8
8
5
1
7
4
4
4 8
9
0
6
4
6
41
2
2
0
2
90
73
17
6
2
0
3
7
32
41
lf)9 1
67 8
61.3
135 5
72 3
63.2
12 7
126 6
112 9
119 9
110 5
111 3
115 3
117 4
66 4
63 4
61 2
59 3
56 7
57 1
58 5
56 3
53. 8
55 0
55. 8
56 7
.58.' 0
58.' 7
59'. 4
eo!i
prior to May 1966 for personal income appear on p. 21 ff. of this issue of the SURVEY and those
for periods prior to 1964 on p. 18 ff. of the July 1966 SURVEY.
9 Includes data not shown
separately.
s-1
SURVEY OF CUREENT BUSINESS
S-2
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
Annual total
III
II
I
IV
1967
1966
1965
1964
1966
1965
.Tul.v 19(5
I
IV
III
II
IV
III
I
III
II r
GENERAL BUSINESS INDICATORS— Quarterly Series— Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
N'^tkripl income fotalf
hil $
Compensation of employees, total
...do
\V age? and salaries, total
do
Private -.
do
Militfiry
do
Government civilian
do
Supplements to wages and salaries
do
Proprietors' income, total 9
do
Rusiwss and professional 9
do
Farm
do
Rent?! income of persons
do
< 'orpor&te profit? and inventory valuation adjustment total
bil $
By broad industry groups:
Financial institutions
do
Nonfinaneial corporations, total
do
Manufacturing, total
_._
do
'518.1
365.7
333. 7
269. 4
11.7
52. 6
32.0
52.3
40.2
12.1
18.0
r
562. 4
393.9
359.1
289.8
12.1
57.1
34.9
56.7
41.9
14.8
19.0
r
566. 5
397.2
362. 0
292.1
12.1
57.8
35.2
57.2
42.0
15.2
19.1
582. 8
408.4
372.4
300.0
13.1
59.4
36.0
57,8
42.5
15,3
19. 2
r
600. 3 r 610. 4
420.8 430.7
390.2
381.3
313.8
306.9
14.2
13.6
62.2
60.7
40.5
39.5
59.3
60.0
43.3
42.8
16.0
17.1
19.3
19.2
r
622. 1 •• 634. 1 r 636. 4
459.1
441.2
450.2
414.7
407.4
399.6
331.4
326.1
320.1
16.1
15.1
15.8
67.3
65.6
64.3
44.4
42.7
41.6
57.8
58.6
59.2
43.2
43.4
43.3
14.6
15.1
15.9
19.8
19.6
19.4
66.3
74.9
82.2
67.6
66.4
72.6
73.4
74.9
78.7
81.1
81.3
81.9
84.6
78.1
7.9
58. 4
32.7
14.9
17.8
8.4
66,5
38.7
16.5
22.2
9.3
72.9
43.1
18.7
24.4
8.0
59.6
33.6
15.1
18.4
8.0
58.5
32.4
15.3
17.2
8.2
64.4
37.5
15.9
21.6
8.4
65.0
37.7
16.0
21.6
8.4
66.5
38.6
16.5
22.1
8.6
70.0
41.0
17.4
23.7
8.9
72.2
42.7
18.3
24.3
9.0
72.2
42.5
18.5
24.0
9.5
72.4
42.7
18.8
23.9
9.6
75.0
44.4
19.2
25.3
9.6
68.5
39.6
18.4
21.1
10.6
16.3
74,0
30.3
43.7
18.7
25.0
-1.4
17.1
10.9
16.5
75.6
30.9
44.6
19.4
25.2
-2.1
17.6
11.2
16.7
75.8
31.1
44.8
20.2
24.6
-.9
18.2
12.0
17.0
80.8
33.1
47.7
20.9
26.8
-2.2
18.8
11.7
17.8
83.7
34.5
49.2
21.4
27.8
-2.6
19.3
12.0
17.8
83.6
34.5
49.2
21.6
27.6
-2.3
19.8
11.8
17.9
84.0
34.6
49.4
21.6
27.8
-2.2
20. 4
12.0
18.6
83.9
34.6
49.3
21.2
28.2
.7
21.1
11.7
17.3
79.0
32.5
46.5
22.2
24.2
-.8
21.6
Transportation, communication, and public
10.2
10.3
11.2
10.1
11.9
utiliftes
bil. $..
15.7
18.0
15.8
15.5
16.6
All c^-er iaduf tries
do
68.0
67.4
83.8
66.8
76.6
Corporate profits before tax, total
do ..
34.5
28.6
28.8
31.4
28.3
Corporate profits tax liability
-do
39.1
49.3
38.8
38.4
45.2
Corporate profits after tax..
do
21.5
17.9
18.3
17.8
19.8
Dividends
.. -- ...do
21.2
20.5
27.8
20.6
25.4
Undistributed profits
do
-.4
-1.0
-1.6
-.5
-1.7
Inventory valuation adjustment.
do
16.0
20.2
16.6
15.8
17.9
Nret interest
do
DISPOSITION OF PERSONAL INCOME!
Quarterly Data Seasonally Adjusted at Annual Rates
r
537. 8 r 584. 0 r 502. 1 r 510. 5
Personal income, total
bil. $._ f 497. 5
59.4
75.2
59.0
60.9
65.6
Less: Personal tax and nontax payments
do
508.8 443.1 449.6
Equals: Disposable personal incoir *
_ . . do. . - - 438.1 472.2
479.0
420.1
445.0
417.5
411.9
Less" Personal outlavs*?)
do
25.6
29.5
26.2
27.2
29.8
Equals Person -J savin g §
_. . _ _ _ do .. .
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
11.54
12.84
44.90 51.96
60.63
All industries
bil $
4.67
5.59
Manufacturing
dr
18.58
22.45
26.99
2.83
9.43
2.37
11.40
13.99
Durable goods industries. - _
._ do _„
2.30
2.76
9.16
13.00
11.05
Nondurable goods industries.do
.33
.30
1.47
Mining.. _ _
_ _
lo
1.30
1.19
.37
,35
1.98
1.41
1.73
Railroad
do
.64
3.44
.59
2.38
Transportation, other than rail. .
do
2.81
6.22
8.41
1.76
Public utilities.
do
1.71
6.94
1.06
4.30
5.62
1.17
Communication
do ._
4.94
12.74
2.84
3.01
10.83 11.79
Commercial and other do
Seas. adj. qtrly, totals at annual rates:
45.65 47.75
AH industries
do
20.15
18.85
Manufacturing
_
_
do
10.15
9.60
Durable goods industries
do
9.20
10.00
Nondurable goods industries
do
1.30
1.20
Mining
do
1.55
1.50
Railroad
do
2.40
2.60
Transportation, other than rail
do
6.35
6.30
Public utilities
.
do
4.40
4.40
Communication
do
11.00
11.40
Commercial and other
do
U.S. BALANCE OF INTERNATIONAL
PAYMENTSd"
Quarterly Data Are Seasonally Adjusted
(Credits +; debits -)
Exports of goods and services (excl. transfers under
9,565
9,371
military grants)
mil $
37, 099 39, 147
43, 039
6,587
6,370
25, 297 « 26,244 29, 168
Merchandise, adjusted, excl. military
do
« 198
189
847
'747
844
Military sales
do
1,322
1,387
Income on U.S. investments abroad
do
5,389
6,245
5,888
1,458
Other services
do
1,425
5,666
6,171 r 6,779
Imports of goods and services
.
_ do
-28, 637 -32,203 -37, 937 -7,208 -7, 440
-18,621 -21,472 -25, 510 -4, 730 -4,907
Merchandise, adjusted, excl. military
do
-691
-694
Military expenditures
._
_ do
-2, 861 -2, 921 -3, 694
-362
-380
Income on foreign investments in the TJ.S._do
-2, 074
-1,455 -1, 729
-1,462
Other services
do
-1,422
-5, 700 -6,081 -6,659
Unilateral transfers, net (excl. military grants);
-680
transfers to foreigners (— )
mil. $
-694
— *> 782 -2 824 -2,925
Transactions *:n U.S. private assets, net; increase
-2,
104
(-)
mil. $.. -6, 542 -3, 743 -4,132 -1,624
Transactions in U.S. Govt. assets, excl. official
-579
reserve assets; increase (— )
mil. $.. -1,674 -1,575 -1,531
-405
Transactions in U.S. official reserve assets, net;
-151
increase (— )
mil $
568
70
171
1,222
Transactions in foreign assets in the U.S., net (U.S.
1,724
liabilities) ; increase (-f) .
mil. $
664
3,314
3,301
391
Liquid assets
do
1,485
789
448
113
2,629
2,512
239
Otherassets
. _ .do. .
216
685
278
Unrecorded transactions,
do
-383
-174
-335
-949
-415
Balance on liquidity basis— increase in U.S. official
reserve assets and decrease in liquid liabilities to
J,33!
-518
all foreigners* decrease ( )
mil $
-2, 800 -1,335 -1,3.'57
Balance on official reserve transactions basis— increase in U.S. official reserve assets and decrease in
liquid and certain nonliquid liabilities to foreign
-•239
~-»;j*
225
official agencies; decrease (— )
mil $
-1,548 -1,304 !
r
Revised.
p
Preliminary.
«•
Corrected,
1
ures
o!
bu
siness.
Estimates for Apr.-Tun« 1967 based on anticipated capital expend)
2
Estimates for T;ilv-Sopt 1967 based on antici]Dated cap ital expe nditures of busn
Anticipated expen-Iif (V< s for the year 1967 are as folk)ws (in bil .$):AlIiiulustries, 62.40 ;rm miK$.42;
facturing, total, 27.91, durable roods industries, 14 50; nondiirable g DOds iridu strif-s,
r
mining, 1.56;railr ><K? 1 ',3; transportation, 3.82; pu 3lic utiliti es, 9.12; commerci i.l a u! o ,*HT
(incl. communion 'or- , ! *.40.
•"» Includes commurilcation.
r
r
r 616. 7 ' 524. 2 ' 530. 4 ' 544. 9 555. 3
435.7 369.9 375.8 381.5 388.6
354.2
347.7
342.7
394.6 337.5
286.2
280. 8
276.5
272.4
316.7
11.8
11.7
11.7
14.7
11.9
55.1
56.3
63.2
54.3
53.3
34.5
33.8
32.4
33.1
41.1
56.7
55.0
53.3
52.6
59.3
41.7
41.4
40.6
43.2
40.6
15.0
12.6
13.6
12.0
16.1
18.9
18.6
18.4
19.4
18.1
r
T
520. 3 f 530. 1 r 544. 6
65.2
66.1
64.3
479.4
464. 0
456.0
448.5
439.9
431.6
30.9
24.0
24.5
556. 1 r 567. 8 r 577. 3
74.1
70.4
66.7
503.3
497. 5
489.4
474.6
470.9
460.1
28.7
26.6
29.3
r
589. 3
76.9
512.4
483.2
29.2
r 601.
6
r 612.
463.1
418. 0
333.0
16.2
68.8
45.2
57.7
43.4
14.3
20.0
23.1
-.6
22.1
618.9
78.6
540.2
503.2
37.1
9
79.6
522.0
487.4
34.6
80.2
532.7
493.9
38.8
10.79
4.54
2.25
2.28
.29
.39
.58
1.32
1.08
2.59
12.81
5.47
2.76
2.70
.33
.44
.77
1.71
1.24
2.85
13.41
5.73
2.91
2.82
.32
.44
.72
1.88
1.22
3.10
14,95
6.72
3.48
3.24
.35
.46
.73
2.04
1.41
3.25
12.77
5.61
2.87
2.74
.33
.40
.75
1.60
1.26
2.83
15.29
6.78
3.51
3.27
.40
.55
1.00
2.09
1.42
3.06
15.57
6.84
3.54
3.30
.37
.48
.82
2.36
1.36
3.33
17.00
7.75
4.07
3.68
.38
.55
.86
2.36
1.58
3.52
13.59 i 15. 62 2 15. 85
7.02
6.10
6.89
3.08
3.61
3.58
3.02
3.42
3.31
.32
.41
.38
.38
.41
.40
.70
1.01
1.09
1.84
2.49
2.35
1.35
2.87 3 4.51 s 4. 54
49.00
20.75
10.40
10.40
1.25
1.75
2.55
6.80
4.55
11.30
50,35
21.55
10.80
10.70
1.30
1.55
2.70
6.85
4.80
11.60
52.75
23.00
11.75
11.25
1.25
1.70
3.00
6.75
5.05
11.95
55.35
24.15
12.45
11.70
1.35
1.95
3.00
7.30
5.30
12.25
58.00
25.60
13.15
12.45
1.40
1.75
3.30
8.25
5.35
12.35
60.10
26.80
13.85
12,95
1.55
2.00
3.50
8.30
5.50
12.45
61.25
27.55
14.35
13.20
1.45
1.85
3.40
8.55
5.60
12. 85
62.80
27.75
14.50
13.25
1.45
2.35
3.50
8.50
5.95
13.30
61.65 i 61.55 2 62. 80
27.85
27.30 28.35
14.60
14.20
14.20
13.70
13.70
13.10
1 65
1.40
1.50
1 . 50
1.80
1.50
4.20
3.05
3.80
9. 20
9.20
9, 25
5.75
12. 55 3 18." 15 " ? 17. 95"
8,768
5,628
* 210
1,499
1,431
-7, 232
-4, 669
-671
-401
-1,491
10, 180
6,880
192
1,562
1,546
-8, 139
-5, 475
-711
-424
-1,529
10, 080
6,811
230
1,474
1,565
-8, 233
-5, 556
-754
-435
1,488
10,119
6, 925
212
1,353
1,629
-8, 599
-5, 772
-785
-469
-1, 573
10,511
7,203
209
1,469
1,630
c
- 8,997
-6, 025
-861
-475
~1, 636
10,618
7,181
222
1,535
1,680
-9, 265
-6, 225
-911
-471
-1 , 658
10,913
7,382
206
1,587
1,738
-9, 762
-6, 580
-953
-565
-1,664
10,997
7,402
210
1,654
1,731
-9, 913
-6,680
-969
-563
-1,701
"11,317
"7,690
"338
n, 582
pl,707
p-9, 981
p-6, 689
p-1,041
p~531
p- 1,720 i
-664
-- 775
-725 '
-660
-851
-733
-709
-632
» — 722
-1,657
-389
-885
-812
-981
-1,135
-932
-396
-490
-244
-445
--365
-500
-328
424
68
82
-0
P 1,027
236
-12
2*8
-110
492
227
265
-233
1,145
54
1,091
-198
459
83
376
277
1,205
425
780
-229
*312
r-483
"795
p~206
-259
-651
-122
-419
r-544
(58
41
280
-24
310
53 i
--342
-267
-75
-113
211
416
-205
-245
-818 j
1 9'J
842
!
1
!
271
] .
i
-1,084 p-1,006
-338
P_741
!,
j
-457
-165
!
-18 p-1,822
-443
-175
861
•J07 i -910
239
-834
fSe 3 corresp on ding n Dte on p. S-l.
9lii eludes iuventory valuation adjust •nent.
®P ersonal Dutlays c omprise personal consum ption ex penditun?s, inten st paid by con••nme rs, •viid personal t ransfer PClyments to foreigrlers.
rsonal sa ving is e tcess of d isposable income over pers onal out ays.
fore com plete dot ails are g iven in .he quart erly revi ews in tl le Mar. June, S j|i)t., and
Dec. ••sue;snf the ST T RV EY; quar terly rev sions bac k to 1960 are on p 2 2 f f o f t hisissuf
'%
SURVEY OF CURRENT BUSINESS
July 1967
1967
1966
1966 P
1965
gh 1964
1964
Unless otherwise stated, statistics through
and descriptive notes are shown in t 1he
-- 1965
*nff
edition of BUSINESS STATISTICS
S-3
Annual
May
June
July
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
I Feb.
Mar.
Apr.
May
June p
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME. BY SOURCEf
Seasonally adjusted, at annual rates :f
Total personal Income. .. _. .
r
r
537. 8
584. 0
r
576. 1
r
581. 1 ' 584. 7 ' 589. 1
r
594. 1 r 597. 5
' 602. 1
r
605. 0 r 610. 4
r
612. 6 r 615. 6
r
616. 5
r
618. 2
621.9
359.1
144.5
115.6
86.9
394.6
159.3
128.1
93.9
389.5
157.7
126.5
92.9
393.9
159.5
128.1
93.7
397.1
159.6
128.2
94.8
399.8
161.2
130.0
94.8
401.9
162.2
130.8
95.0
404.8
163.2
132.1
95.9
407.6
164.1
132.8
96.5
410.0
164'. 9
132.8
97.2
413.8
166.2
133.7
98.4
414.2
165.2
132.7
98.6
416.2
165.6
132.9
99.1
416.7
165.0
132.5
99.1
417.2
164.3
132.2
99 3
420. 0
164.9
132.9
100 2
58.3
69.3
18.6
63.5
77.9
20.8
62.7
76.2
20.5
63.4
77.3
20.7
63.8
78.8
20.9
64.3
79.4
21.1
G4.7
80. 1
21.3
04.9
80.8
21.4
65.6
81.4
21.7
65.9
82.0
21.9
66.4
82.7
22.1
66.9
83.4
22.2
67.6
84.0
22 4
68.2
84.5
22.6
68.6
85.0
22.8
69.4
85 5
23.1
_. -do
do____
41.9
14.8
43.2
16.1
43.2
16.0
43.5
15.6
43.3
16.0
43.3
15.9
43.4
15.8
43.3
15.0
43.5
15.1
43.5
15.3
43.3
15.0
43.2
14.6
43.1
14.3
43.3
14.4
43.4
14.4
43.5
14.3
Rental income of persons
do
Dividends
do
Personal interest income _. _ . _ - do .
Transfer payments
do
Less personal contributions for social insurance
19.0
19.8
38.4
39.7
19.4
21.5
42.4
43 9
19.3
21.7
41.9
41 4
19 3
21.6
42.2
41 8
19 4
21.6
42.5
42 4
19 4
21 5
42.8
43 8
19
21
43
45
19
21
43
46
19
21
44
47
19
20
44
48
19
21
45
49
19
''2
45
51
19 9
22.6
45.5
51 7
20
22
45
51
20
23
46
51
20
23
46
51
bil. $._
Wage and salary disbursements, total
do
Commodity-producing industries, total-do
Manufacturing _ - - - .. do
Distributive industries
do
Service industries
- ..
Government
Other labor income
_ —„
Proprietors' income:
Business and professional
Farm
.
-
Total nonagricultural income
do
do
- do
- _
- do _
4
7
3
8
5
6
8
0
6
6
3
4
7
2
8
5
7
8
0
7
8
3
2
1
0
8
8
0
0
1
0
5
1
3
2
7
13.4
17.9
17.3
17.5
18.3
18.4
18.4
18.6
18.7
18.8
20.0
20.0
20.1
20.1
20.1
20. 2
518.4
563.1
555.3
560.7
563 9
568 3
573 4
577 5
581 9
584 8
590 2
593 0
596 2
596 9
598 8
GO9 4
3 193 r 3 438 r 4 624
r 4 Q90
r 5 553
r 4 911
r 3 940
2 977 r 3 087
9 779
9 765
903
1 862
452
1 089
' 284
v 849
842
9 007
502
1 166
307
2 679
824
1 855
493
1 052
°71
2 739
743
1 996
510
1 169
939
FARM INCOME AND MARKETINGS?
Cash receipts from farming, including Government
payments (48 States), total t
mil. $
r
41, 547
Farm marketings and CCC loans, total. ..do
39, 095
17, 250
Crops
do
Livestock and products, total 9 - -_ --do .
21, 845
Dairy products
_ _ __ do. .
5, 022
12 951
Meat animals
do
Poultry and eggs
- -do
3 571
Indexes of cash receipts from marketings and CCC
loans, unadjusted:!
r
All commodities
1957-59 = 100!21
Crops
- -. -do
125
Livestock and products
. -do
118
Indexes of volume of farm marketings, unadjusted: t
T
All commodities
1957-59=100
118
Crops
--.. .
...do.. .
119
Livestock and products
do
118
r
46 485
43, 219
18 384
24, 835
5,502
14 890
4 134
r
2 853
2 813
776
2 037
482
1 199
314
r
r
3 163
1 189
1 974
466
1 163
321
3 309
1 436
1 873
'464
1 071
'394
3 678
1 508
2 170
'465
1 312
'381
4 025
1 790
9 235
403
1 369
390
5 067
9 705
2 362
'478
1 479
'395
4 818
9 659
2 159
'459
1 302
' 388
r
3 867
3 889
1 865
9 024
' 480
1 157
'361
3 804
1 721
9 083
489
1 228
330
r
105
68
132
r
118
104
128
r 123
137
131
141
r 150
r Igg
156
145
236
153
179
232
140
r 145
163
131
r 142
125
122
150
135
103
79
121
106
73
130
100
72
120
102
65
130
121
121
120
r 91
r 107
r H2
r 121
r 132
r 170
r 1Q8
r 138
r 135
r 04
r 98
50
121
92
119
112
119
116
125
137
128
213
138
219
130
160
122
152
129
73
110
62
124
91
55
118
93
53
122
143.4
156.3
156.0
159.3
150.9
156.8
161.3
163.8
160.2
157.1
156.6
156.8
r
158. 0
156.7
158.1
145.0
148.4
140 8
114.8
160.9
158.7
165.1
150 7
120 3
173.4
158 9
166.1
149 8
121 3
162 2
169 0
153 8
122 7
152
158
144
118
158
160
155
123
0
4
0
6
163 6
169 5
156 3
1" 8
167
173
159
124
1
2
6
3
163 3
170.2
154 8
121 5
159 2
168 3
147 7
122 1
158 0
164 7
149 7
PI 3
r 159 o r
164 7 r
163 7
1 ^9 7 r 151 9 r
7
r
19Q 4 r
m
160 3
165 1
159 0
160 1
165 1
153 8
123 G
do
do
do
do. ._
do
142.5
140 3
159.9
134.1
147.0
155.4
147 4
166.5
141.4
172.6
152.9
144 8
169 9
136.9
170.3
157.8
150 0
172 0
142.9
174.6
150.0
139 8
142 4
139 0
172.0
154.7
146 0
132 0
150 4
173.5
161.2
l r >3 6
165 8
149 6
177.8
164.7
157 8
184 9
149 2
179.4
160.0
151 3
176 9
143.2
178.7
157.2
145 5
168 7
138 1
182.4
156.8
145 7
159 I
141 5
ISO. 6
Materials
.
. . . . . . . . _do _ . _
Durable goods materials
do
Nondurable materials
do
144.2
144 3
144.1
157.1
157.4
156.9
158.7
160 0
157 4
160.7
162 4
159 1
151 8
159 i
151 4
158 7
158 4
159 0
161 3
162 7
159 9
163 1
163 5
162 6
160.4
159 6
161 2
157 0
155 4
158 6
156 4
153 0
159 8
143.4
156.3
155.3
156.5
157 2
158 0
157 7
158 9
158.6
159 o
158 1
r
157. 2 r 157. 5 r 155. 9
156.7
145 6 r 146 2 r 146 9 r 145 3
156 5 r 159 8 r 160 4 r 157 6
141 8
142 6
142 2
180.8 r 180. 3 r 178. 8
180.4
r
157 0
158 4 r 157 3
157 0
153 9
152 3 r 152 7 r 153 4
161 8 r 161 5 r 163 7 r 160 8
155 5
156 4 r 156 9
156 4
'134
134
134
r
r
r
r
INDUSTRIAL PRODUCTION d*
Federal Reserve Index of Quantity Output
Unadj., total index Uncl. utilities) cf- .1957-59 -100By industry groupings:
Manufacturing, total
do
Durable manufactures
do
Nondurable manufactures
do
Mining
do
Utilities.
f\o
By market groupings:
Final products, total. .
Consumer goods
Automotive and hoiiie goods
Ipparel and staples
. .
Equipment, including defense
Seas, adj., total index (incl, utilities) cf-By industry groupings:
Manufacturing, total
do. _
do
1
2
4
°
1 CO
r
157. 1
C
r 164 9
154 3 r 151 5
122 8 r 122 3
157 6
158 9
159 4
160 1
160 0
161 5
161 0
161 3
160 1
158 5
165 1
142.7
136.2
166.5
162.8
158.8
164 2
146.5
141 1
165.0
162.9
158.4
165 4
148.0
142 1
166.2
161.8
158.8
166 1
148 6
143 3
162.4
162.1
157 7
167 1
148 7
142 2
162.1
161.4
158 8
167 3
146 4
139 0
164.7
163.0
158 6
169 1
145 o
137 5
168.2
164.2
159 0
167 3
138 4
132 4
161.7
164.7
160 2
167 6
136 2
130 1
163.5
168.7
161 4
165 5
131 9
124 9
163.2
166.6
160 7
162 9 r 162 6 r 162 3
163 2
129 2 r 129 o r 129 o
131 9
122 7
124 8 rr 123 7 r 122 7
162. 1
161. 0
155.8
167.2
162.9 r 160. 2 rl61.3
165.0
160 1 r 158 1 r 155 o
160 9
Machinery....
...
..
Nonelectrical machinery . _
Electrical machinery
Transportation equipment 9
Motor vehicles and parts. .. Aircraft and other equipment
...do
do
do
do
do_
do- -
160.5
160.4
160 6
149.2
175.2
125.3
183.8
181.9
186 5
168.3
171.3
165. 2
180.6
177 7
184 4
165 8
169.9
161.9
182.8
180 3
186 0
167.1
169.4
164.7
186
184
189
166
161
169
189
186
193
166
158
172
6
7
4
0
1
5
188 8
188 6
189 2
168 3
164 6
171. 1
191
189
192
174
175
173
189
188
190
172
170
174
189
190
188
171
169
173
189
190
187
164
151
176
2
7
2
6
5
0
186 4
187 3
185 3
159 4
140 6
175 6
Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture and fixtures
.
Miscellaneous manufactures
do
do
do
do
do
151.4
133.5
117.4
157.4
146.0
176.5
140.7
119 3
171.9
157.9
176.4
139.5
122 7
173 8
159.5
176.5
141.0
122 9
174.6
159.3
177 0
138.5
119 9
169 7
157 2
177 4
140.5
111 3
175 3
158 7
179 5
141.2
110 0
173 2
158.4
1H1 8
137.8
111 3
173 2
157 2
186 2
137.2
115 7
172 1
160 3
183 4
136.9
116 9
170 6
157 1
Nondurable manufactures
do
149.4
140.8
150.7
151 3
150 7
Textile mill products. .
do
142.3
143.7
134.9
144.0
143 4
145.1
Apparel products
_ ..
do.
150.3
149.9
152.0
149 7
Leather and products.. _ . _ . ._do..
112.1
108.2
111.9
114.2
111.1
Paper and products
do
152.1
153.0
154.1
156.2
142.3
r
Revised, v Preliminary, fSee corresponding note on p. S-l. t Revised series. Dollar
figures and indexes of cash receipts and volume of marketings revised beginning 1963; data
for 1963 and Jan. 1964-May 1966 appear in the Dept. of Agriculture publications, Farm In-
1
9
6
6
7
7
0
2
1
9
7
6
181 4
136.5
109 5
173 9
158*5
5
4
3
5
0
7
184 6
136.9
112 8
174 0
160 9
r
155 9
161 G
198
121
158 7
148.4
137.6
133.6
152.2
147.8
145.4
6
7
1
0
2
6
157 8
154
161
156 7
145 0
158 1 r 158 0
179. 9
r 157 9
do
_do
do
do
do
do .
Durable manufactures 9
Primary metals
_ . .- ......
Iron and steel
Nonferrous metals and products
Fabricated metal products.,
Structural metal parts
_
158.5
148 5
158
160
156
183 8 r 181 7 r 180 3
185 2 r 183 5 r 181 9
182 0 r 179 4 r 178 2
164 5 r 167 7 r 168 °
148 0 r 153 8
155 0
178 8 r 179 g r 180 0
177
189
171
171
158
189
r 185 1
184
133
185 8
134. 9
120 2
166 5
158 2
r 185 2
r
134. 0 r
r 120 8
r 166 5
r 159 2 r
133. 2
117 °
166 5
158 7
166
159
153 1
151 9
152 4 r 152 o r 152 3 r 150 8
153 3
150 5
153 5
142 4
141 8
136 7 r 136 2 r 135 o
141 4
139 3
135 0
149 3
146 4 r 143 6
148 1
150 5
150 2
141 9
113 9
110.8
111 1
107 7
103 7
100 5 r 106 2
153.7
153.3
154.0
152.4
152.6
152.4 !51.9
152.2
come Situation, July 1966 and July 1967. 9Includes data for items not shown separately,
d* Revised beginning Jan. 1964 to incorporate new data and to reflect use of new seasonal
factors; revisions for months prior to Sept. 1965 will be shown later.
151 3
142 1
147 7
110.4
153.1
150 9
141 7
148.4
109.9
151.2
SUKVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
1966 P
May
Annual
July 196'
June
July
Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June p
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION^— Continued
Federal Reserve Index of Quantity Output—Con.
Seasonally adjusted indexescf — 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
130.3
124.2
173.4
196. 3
123.5
142.2
134.2
193.0
220.1
128.4
142.1
133.8
191.4
218.2
127.4
144.1
135. 4
192.7
219.9
127.7
144.8
136.3
194.5
222.0
126.9
145.3
137.7
194.4
222.2
128.5
144.3
139.1
193.5
220.5
130.6
144.1
135.7
196.9
224.1
131.2
144.7
135.2
199.4
227.5
129.1
143. 7
133.2
198.7
228.8
129.0
145.5
133.7
198.6
228.5
128.7
146.1
146.8 ' 147. 9 ' 147. 6
134.8
130.9
133.1
133.8
200.5 ' 199. 3 ' 198. 8 198.1
230.8 ' 227. 9
226.4
127.4
128.4
130.1 '131.9
do
do
do
do
do
171.8
123.7
122.3
130.6
120.3
191.9
128.4
126.6
137.8
119.8
184.3
126.1
124.4
135.4
117.9
184.1
127.1
1 25. 5
135.9
122.7
188.7
128.1
126.4
137.2
116.5
190.3
129.2
127. 0
141.1
119.9
193.6
128.5
127.0
136.4
120.5
199.2
127.5
124.9
141.4
116.9
202.0
129.7
127.6
141.1
117.2
201.6
132.0
130.3
141.0
119.3
198.8
131.9
130.4
140.2
118.5
196.3
131.3
129.5
141.1
120.2
r
do
do
do
do
do
do
114.8
113.3
112.3
111.9
124.2
126.5
120.3
115.2
118.0
119.4
132.7
133. 5
120.7
116.9
119.1
121.3
133.6
127.5
122.0
120.7
119.3
121.4
134.2
133.3
122.0
120.8
119.2
120.9
134.0
133.7
122.1
120.7
119. 6
121.2
132.1
133.8
121.0
114.7
119.6
121.3
128.6
133.5
121.6
121.5
119.5
121.1
129.4
130.3
121.0
114.0
119.3
120.8
133.0
133.4
123.0
125.2
119.0
120.8
134.2
139.3
123.0
120.7
119.3
121.0
140.3
138.7
122.4
115.7
119. 6
120.0
142.1
136.6
' 121. 6
115.1
'118.3
' 120. 1
143.7
137.2
do
do
do
160.9
165.6
146.2
173. 4
179.7
156.1
170.2
175.5
155. 0
171.7
177.2
155.7
175.7
182.4
156.9
179.0
186.5
157.6
177.0
184.2
158.5
175. 2
181.7
159.1
176.9
183,9
159.5
177.7
183.4
160. 0
179.6
185.7
178.2
183.7
180.6
186.7
do
do
do
142.5
140.3
159 9
155.4
147.4
166.5
153.7
146.2
166. 1
154.9
147.1
165.8
155.3
146.5
162.5
156. 4
147.1
159.6
156.3
146.5
159.7
158. 3
148.8
169.4
158.5
148.8
166.5
159.2
149.1
164.9
158.1
147.8
157.7
156.4
145.2
153.5
156.7
146.0
153.9
Automotive products
do
Autos
_
do
Auto parts and allied products... do
Home goods 9
do
Appliances, TV, and radios
do
Furniture and rugs
do
167.2
182.6
146.8
154.8
1 52. 3
154.3
163. 0
169.5
154.4
168.9
166.6
165.7
160.7
166. 0
153.6
169.9
165.9
169. 1
162.3
167.8
155. 2
168.3
163.9
170.1
154.5
151.5
158.6
168.0
165.5
165.2
146.4
141.7
152. 7
168.9
165. 0
168.0
150.7
148.6
153.5
166.0
159.3
165. 9
168. 5
177.8
156.2
170.0
170. 2
164.4
162.8
166.7
157.8
169.1
165. 3
164. 7
162.6
167.3
156.4
166.5
158.4
163.5
147.0
141.3
154.4
165.2
154.0
163.4
135.7
120.5
155.7
162.9
153.7
158.5
144.6
136.5
'155.3
160.4
147.1
157.4
Apparel and staoles
do
Apparel, incl. knit goods and shoes, .do
Consumer staples , .
do
Processed foods
do
134.1
134.5
134.0
122.2
141.4
139.6
141.8
126,4
139.8
140.5
139.7
123.9
141.6
141.6
141.6
126.4
141.4
139.0
142.1
126.0
143.0
139.1
144.2
127. 9
142.3
138. 8
143.3
127.9
142.2
139.0
143. 2
126. 0
143.3
139.8
144.2
127.3
143.7
139.1
145.0
130.1
144.2
139.9
145.4
130.4
143.1
135.8
145. 2
129.9
143.9
' 143. 3
' 135. 4
134.8
'
146. 4
145. 6
129.5
129.6
Beverages and tobacco
do
Drugs, soap, and toiletries
do
Newspapers , magazines , book s_ _ _ do
Consumer fuel and lighting
do
127 2
157io
127.0
1 49. 4
131.7
174.4
136. 6
159.4
129.5
173.4
136.9
155.8
131.5
174.7
138. 5
157.1
130.2
174.5
138.9
161.1
134.0
175. 4
138,2
165.0
131.0
176.1
136.7
162. 5
133.1
178.7
137. 9
161.9
133.0
181.3
138.8
162.4
133.7
178.5
139.1
162.0
132.9
179.0
141.5
161.8
134. 1
180.3
142.3
160. 1
133.5
181.0
142.3
162. 7
140.3
181.5
' 143. 6
161.4
Equipment, including defense 9
do
Business equipment
,
do
Industrial equipment
do
Commercial equipment
do
Freight and passenger equipment ..do
Farm equipment
do
L47. 0
1 56. 7
1 53. 1
1 04. 4
162.4
1 48. 8
172.6
181.2
172.2
190.0
208. 5
167. 0
169. 8
178.3
168. 5
190.1
204. 9
164.7
171.4
180.0
171. 0
191.0
205. 7
168.2
174.4
182.7
174.9
189.8
208.8
167.5
176. 4
184.4
176.3
194.1
208. 1
169. 1
177.4
185. 7
177.0
194.8
209. 2
178.9
178. 8
187. 2
178.4
195. 5
212. 7
180.3
179.6
187.5
178.1
196. 9
216.9
170.7
181.0
189.3
179.1
196.0
220.3
179.5
180.2
187.4
177.7
196.7
214. 5
176.1
180.3
186.6
176.8
199.8
215.0
162.6
179. 6
184.4
'
'
'
'
'
do
_do.
do
do
do
144.2
144,3
160.8
151.9
133. 8
157.1
157.4
170. 3
180.7
141 6
1 57. 1
1 57. 7
1()G. 0
177.1
141.8
1 58. 0
159,3
1 65. 2
179.1
142.3
158.8
159.1
162.8
183.7
141.0
159. 6
160. 1
173.6
187.9
140.2
159.2
159. 8
174. 0
189.1
139.8
159. 9
159. 8
176. 2
189. 7
138,5
159. 1
158. 5
173.8
191.0
138. 5
158.9
156.4
165.4
190.3
138.2
158.0
153.9
154. 6
190.6
138.9
156.2
151.9
148.4
186.5
139.2
155.8
' 152.2
145.1
185.6
r
140. 4
155.1
' 155. 8
151. 3 '150.7
' 143. 0 150.2
180.7
'183.2
137.3
139.5
154.9
150
Nondurable materials 9
Business supplies
Containers
General business supplies
do
do
do
do
144.1
136. 4
136.6
130. 4
156.9
148.9
14,5. 4
150.7
1 5G. 5
147.8
140,1
148. 0
158.0
1 50. 3
146.4
1 52. 2
158.6
149.9
143.2
153.2
159.1
150.1
143.4
153.4
158.6
150.7
147.4
152.4
159.9
151.6
145. 3
154. 8
159. 9
150. 9
147. 2
152. 8
161.4
153. 0
151.1
154.0
161.7
153. 4
146.5
156. 8
160.5
152.1
147.1
154.6
'159.4
'160.4 ' 159. 6
151.9
'152.4
148.0
' 148. 4
' 154. 4 153.9
160
Business fuel and power 9 _
Mineral fuels
Nonresidential utilities
do
do
do
127.9
115.5
159.4
136.
3
19° 2
173. 5
136 9
123.8
17 L 2
138.0
124.9
138.7
124.6
174.6
138.9
124.9
175.9
138. 6
123. 7
176.7
138.7
124.9
174.8
138.0
123.1
175.7
139.7
125. 1
177.5
140.1
124.7
179.7
139.3
123.5
179. 3
mil. $-. 1954,336 11,035,871 85, 426
86, 957
86, 678
86, 995
86, 775
87, 066
86, 699
87, 875
87, 386
86, 299
87, 458
Rubber and plastics products
Foods and beverages
Food manufactures.. _
_._
Beverages
Tobacco products
Mining
Coal
- Crude oil and natural gas
Crude oil
Metal mining
Stone and earth minerals
Utilities .
Electric
Gas
By market groupings:
Final products, totaled
Consumer goods
Automotive and home goods
Materials^
Durable goods materials 9
Consumer durable
Equipment
Construction
.
191. 5
131.7
129.7
142.3
116.2
' 174. 1
199.1
211.7
' 162. 8
r 151.
186.9
' 132. 6
' 130. 1
146.2
128.8
131.6
129.0
' 122. 8 ' 120. 7
120.1
' 125. 5
118,2
'118.2
121.3 ' 121.7
133.9
' 149. 6
129. 2
130.6
123.1
117
121
125
179.5
185.2
' 181.0
181.5
157.0
146.6
155.1
156.3
' 146. 1
'153.1
155.9
145.9
152
151. 5 ' 146. 2
149.6 ' 149. 9
154.1
141.3
157.9
157.7
142.9
141.1
157.3
157.9
1
144.6
r
147
154.4
146.3
128. 2
'141.9
7
' 123. 3 ' 126. 4
181.8
181.5
147
181.7
143.2
179. 4 ' 178. 3
183. 8 ' 181. 7
168.7
173. 0
200. 7 200.9
211.5
210. 4
160.9
r 139.
150
156
' 140. 8
' 125. 6
177.2
180
142
128
BUSINESS SALES AND INVENTORIES §
r
86, 833
87,504
Manufacturing, total
Durable goods industries
Nondurable goods industries
do
do
do
i 483, 343 i 528, 448
252, 242 276. 069
231, 101 25?, 379
44. 071
22, 915
21, 156
44, 125
22, 898
21,227
44, 327
23, 031
21,296
44, 200
22. 874
21,332
44, 091
22. 971
21,120
44,487
23, 451
21,036
44, 393
23,237
21,156
45, 511
23, 715
21, 796
44, 460
23, 060
21, 400
43, 932
22, 622
21,310
r
44, 866 43, 943
23, 137 '22,269
21, 729 '21,674
44, 762
22, 859
21,903
Retail trade , total*
Durable goods stores _
Nondurable goods stores
do
do
do
1283,852 » 303, 672
93, 718
97,812
190, 134 205, 860
24, 475
7,506
16, 969
25, 394
8, 056
17, 338
25, 362
8, 10G
17,250
25, 572
8. 358
17,214
25. 703
8, 394
17,309
25, 550
8,276
17,274
25, 610
8,143
17,467
25, 368
8,156
17,212
25, 687
8,200
17, 487
25, 470
7, 955
17, 515
25, 739
8, 150
17, 589
Merchant wholesalers, totalt
Durable goods establishments
Nondurable goods establishments
do
do
do
1187,141 1203,751
82, 691
91, 026
104, 450 112,724
16, 880
7,601
9,279
17,438
7,637
9,800
.10,989
7,607
9, 382
17,217
7, 787
9, 4SO
16. 981
7, 514
9, 467
17,029
7,574
9. 455
16,696
7, 372
9,324
16, 996
7,539
9, 457
17, 239
7, 501
9,738
16, 897
7,488
9,409
16,853 '16,972 16, 762
7,202
7,350 '7,292
9,503 ' 9, 680 9,560
Mfg. and trade sales (seas, adj.), totalft
Mfg. and trade inventories, book value, end of year
or month (seas, adj.) , totalt
mil. $. . 120,896
135, 549
126,179 1 27,584 128,714 130,043 130,839 132, 392 133,856 135,549
Manufacturing, total
.
do
68,015
77. 897 71, 103 71,949 72, 958
Durable goods industries
do
42, 324
50, 037 44, 275 45, 003 45, 790
Nondurable goods industries
do
25, 691
27, 860 26, 828 26, 946 27, 168
34, 607
Retail trade, totalf
do
36, 961 35. 927 36, 325 36,312
Durable goods stores.
do
15,194
16, 536 16, 2.13 16,411 16, 330
Nondurable goods stores
do
19,413
20, 425 19,714 19,914 19, 982
Merchant wholesalers, totalt
do
18, 274
20, 691 19, 149 19,310 19, 444
Durable goods establishments
do
10, 575
12, 112 11,239 11,318 11,349
8. 095
Nondurable goods establishments. _ _ - do. .
7, 699
7, 992
8.579
7.910
r
Revised.
r Preliminary.
i Based on unadjusted data.
d* See corresponding note
on p. S-3.
9 Includes data for items not shown separately.
§The term "business" here includes only manufacturing and trade; business inventories
as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unad-
74,110
40, 814
27, 296
36, 191
16, 079
20.112
19,742
11,577
8,165
74S 884
47, 568
27,316
36, 355
16, 241
20, 114
19, GOO
11,435
8.165
75, 788
48, 352
27, 436
36, 680
16,496
20, 184
19, 924
11,722
8, 203
76, 896
49,310
27, 586
36, 734
16, 581
20, 153
20, 226
11,835
8.390
77, 897
50, 037
27, 860
36, 961
16, 536
20, 425
20, 691
12,112
8. 579
r
r
25,918
' 8, 104
17, 814
25, 980
8, 192
17, 788
136,590 136,780 137,093 '137,351 137, 408
78, 886
50, 620
28, 266
36,924
16,491
20, 433
20, 780
12, 140
8,640
79, 394
51, 079
28, 315
36, 644
16,315
20, 329
20, 742
12, 096
8,646
79, 708
51,216
28, 492
36, 526
16, 142
20, 384
20, 859
12, 105
8,754
' 80, 330
'51,593
'28,737
36,236
16,033
20, 203
'20,785
'12,162
' 8, 623
80,584
51, 792
28, 792
36,263
15,904
20, 359
20, 561
11,999
8, 562
justed data for manufacturing are shown on p. S-5; those for retail trade on p. S-ll.
tSee corresponding note on p. S-ll.
tRevised series. The panel of reporters in the Census Bureau wholesale sample has been
updated to reflect information from the 1963 Census of Wholesale Trade; comparable data
prior to Sept. 1965 appear on pp. 26 IT. of the Nov. 1966 SURVEY.
S-5
SURVEY OF CURRENT BUSINESS
July 1967
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
Annual
1967
1966
1966
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:
Manufacturing and trade, totalf %
ratio. .
Manufacturing, total
Durable goods industries _ _ _
Materials and supplies
Work In process
Finished poods
Nondurable goods industries. Materials ard supplies
Work in process
Finished goods.
Retail trade, totalf
Durable goods stores.
Nondurable goods stores
1.46
1.48
1.48
1.47
1.48
1.49
1.51
1.52
1.54
1.54
1.56
1.58
1.57
1.58
1.57
do
do
do
do
do
1.61
1.91
.59
.80
.52
1.64
1.98
.59
.87
.52
1.61
1.93
.58
.84
.51
1.63
1.97
.59
.86
.52
1.65
1.99
.59
.88
.52
1.68
2.05
.61
.90
.53
1.70
2.07
.62
.91
.54
1.70
2.06
.62
.91
.53
1.73
2.12
.63
.94
.55
1.71
2.11
.62
.94
.55
1.77
2.20
.65
.98
.57
1,81
2.26
66
1.02
.59
1,78
2.21
.64
1.00
.58
^1. 83
' 2 32
.66
1.05
.60
1.80
2,27
.64
1.03
.60
do
do
do
do
1.29
.50
.19
.60
1.28
.49
.19
.59
1.27
.49
.19
.59
1.27
.50
.19
.58
1.28
.49
.19
.59
1.28
.50
.19
.59
1.29
.50
.20
.60
1.30
.50
.20
.CO
1.30
.49
.20
.,60
1.28
.48
.20
.50
1.32
.50
.20
.62
1.33
.50
.20
.63
1.31
.49
.20
.62
'1.33
.49
.20
.63
1.31
.49
.20
,62
do
do
do
1.40
1.86
1.17
1,42
1.97
1.16
1.47
2.16
1.16
1.43
2.04
1.15
1.43
2.01
1.16
1.42
1,92
1.17
1.41
1.93
1.16
1.44
1.99
1.17
1.43
2. 04
1.15
1.46
2. 03
1.19
1.44
2.01
1.17
1 44
2, 05
1.16
1.42
1.98
1.16
.40
r
' .13
1.40
1.94
1.14
1.14
1.49
.87
1.14
1.49
.85
1.13
1.48
.85
1.11
1.48
.82
1.14
1.49
.86
1.15
1.50
.86
1.15
1.52
.86
1.17
1. 55
.87
1.21
1.61
.90
l'.61
.91
1.21
1.62
.89
1.23
1.62
.92
1.24
1.65
.92
22
°,67
'.89
1.23
1.67
.90
1,201
Merchant wholesalers, totalt _
do
Durable goods establishments
do
Nondurable goods establishments
do
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:
Durable goods industries (unadj.), totaL-.mil. $__
.98
9,941
11,437
984
956
839
881
990
1,003
1,016
1, 114
963
1,016
r 1,053
1,111
do
483, 343
528, 448
44, 287
46, 244
40, 412
43, 109
46, 170
46, 326
44,711
43, 501
41, 626
44,808
46, 033 ''45,256
44, 959
do
do
do
do
do
252, 242
11, 753
41, 910
22, 916
24, 292
276, 009
11,929
45, 651
23, 707
26, 024
23, 574
1,020
3,996
2,108
2,206
24, 652
1,114
4,066
2,104
2,332
20, 599
990
3,507
1,881
2,006
21,432 23, 753
1,074
1,075
3,790
3,954
2,007
2,067
2, 263
2,341
24,158
1.075
3. 851
1.981
2, 232
23.425
'959
3, 731
1,901
2, 142
22, 982
877
3,575
1, 772
2, 094
21, 395
835
3,632
1,889
1,918
23,062
864
3, 748
1,876
2,121
23, 946 '"23,342
r
928
959
3,732 r 3, 681
1,923 r 1,892
2,187 r 2, 116
23, 489
991
3,621
1,877
2, 174
Machinery, except electrical
Electrical machinery
Transportation equipment- .
Motor vehicles and parts
Instruments and related products
do
do
do
do
do
36, 490
33, 593
68, 039
45, 412
8,347
40, 204
39, 852
73, 460
46, 470
9,806
3,440
3,181
6,415
4,118
790
3,641
3,396
6,610
4,277
861
3,075
3,065
4,925
2,790
752
3,162
3,315
4,437
2,179
817
3,406
3,668
5,857
3,574
892
3, 465
3, 641
6, 537
4, 250
8/4
3,270
3,540
6, 535
4,250
880
3, 449
3,449
6, 477
4, 017
917
3,169
3, 149
5, 822
3,713
740
3,626
3,419
6,086
3,653
806
3,752 r 3, 733
3, 500 *• 3, 177
6, 505 r 6, 401
3,888 •" 3, 915
851
'829
3,657
3,168
6,578
4,065
862
Nondurable goods industries, total?
Food and kindred products
Tobacco products
Textile mill products
Paper and allied products. _
Chemicals and allied products
Petroleum and coal products.
Rubber and plastics products. ..
do
do
do
do
do
do
do
do
231, 101
80, 678
4,864
19,318
19, 385
36, 030
19, 178
11,653
252, 379
87, 761
5, 104
20, 407
21,770
38, 676
20, 517
12, 752
20, 713
7,245
427
1,662
1,784
3,365
1,685
1,094
21, 592
7,508
465
1,789
1, 929
3,401
1,748
1,127
19, 813
7,031
432
1,462
1,699
2,980
1,709
971
21,677
7,411
447
1,791
1,926
3,187
1,743
1,042
22, 417
7,787
440
1,845
1,927
3,375
1,743
1,078
22, 168
7, 546
418
1,847
1,908
3.313
1.794
1.109
21,286
7, 354
433
1, 777
1,860
3,077
1, 733
1,008
30, 519
7,348
417
1, 628
1,782
2,933
1,753
1, 039
20, 231
7,085
384
1, 587
1, 787
3, 148
1,704
1,009
21,746
7,490
398
1,725
1,891
3,342
1,745
1,086
22, 087 r r21, 914
7,571
7, 466
408
M25
1, 752 r 1,743
1,928 r'1,839
3,457
3, 648
1,739 - 1,759
1,138 ' 1,133
21, 470
7,539
397
1,758
1,842
3, 509
1,747
1,124
Shipments (seas, adj.), total..
By industry group:
Durable goods industries, total 9
Stone, clay, and glass products.
Primary metals
Blast furnaces, steel mills
Fabricated metal products.
do
44, 071
44, 125
44, 327
44,206
44, 091
44, 487
44,393
15,511
44, 460
43,932
44, 866 r 43, 943
44, 762
do
do
do
do
do
22, 915
932
3, 798
2,012
2 129
22, 898
979
3,840
2,012
2, 144
23, 031 22, 874
940
951
4,045 3,922
2,210
2,036
2,142
2,130
22,971
980
3,919
2,039
2,201
23, 451
971
3,839
1,996
2,098
23,237
979
3,812
1,983
2,180
23, 715
1,068
3, 893
1,982
2,267
23, 060
1,061
3, 758
1,920
2,135
22,622
1,013
3,818
1,802
2,214
23, 137 7-90 269
1,020
927
3,517 r 3, 439
1,787 r 1,742
2, 272 ' 2, 080
^2 859
907
3,441
1,791
2, 098
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts...
Instruments and related products
do
do
do
do
do
3,254
3,313
6,176
3,895
801
3,321
3,230
6,114
3,908
813
3,363
3,496
5, 742
3,405
844
3,364
3,377
5,915
3,550
851
3,422
3,413
5,845
3,569
833
3,559
3, 445
6,389
4. 033
847
3, 468
3,386
6, 226
3, 853
856
3,583
3, 389
6, 268
3, 899
845
3, 492
3,463
5, 881
3,568
834
3,485
3,336
5,686
3,385
805
3,489
3,435
6,061
3,529
845
' 3, 453
r 3, 222
'5,912
' 3, 557
'836
3,465
3,295
6, 347
3, 857
873
Nondurable goods industries, total 9
Food and kindred products
Tobacco products
Textile mill products
Paper and allied products
Chemicals and allied products
Petroleum and coal products.
Rubber and plastics products
do
do
do
do
do
do
do
do
21, 156
7,340
416
1,723
1,790
3,214
1,734
1,082
21, 227
7,334
435
1,704
1,839
3,260
1,734
1,050
21,296
7,274
417
1,717
1,875
3, 237
1,733
1,080
21,332
7,476
425
1,725
1,878
3,203
1,718
1,064
21,120
7,360
430
1,688
1,843
3,170
1,728
1,043
21,036
7 220
418
1,704
1,841
3, 219
1,781
1,029
21,156
7, 334
416
1,734
1, 878
3, 191
1, 739
1, 030
21, 706
7,672
426
1, 752
1,903
3, 286
1,719
1; 111
21, 400
7,381
424
1, 751
1,880
3, 297
1,688
1, 079
21,310
7, 370
420
1,674
1,856
3, 325
1,722
1,075
21,729
7,562
428
1,726
1, 878
3, 373
1,789
1, 106
'21,674
' 7, 549
'438
' 1,726
' 1,808
'3,388
'1,792
' 1,087
21,903
7,636
386
1,821
1,848
3,336
1,799
1,112
2 49, 609
2110,451
2
67, 889
2 52, 045
2 38, 977
2209,477
4,204
9,193
5,626
4, 327
3,203
17, 518
4,189
9,195
5, 605
4, 373
3,250
17, 513
4,227
9,199
5,793
3, 857
3,181
18, 070
4, 146
9,373
5,731
4,031
3, 165
17,760
4,162
9,337
5,753
4,054
3,205
17, 580
4,162
9, 138
5, 943
4,494
3, 086
17,664
4,196
9, 263
5, 797
4, 355
3,146
17,636
4, 185
4, 226
9,344
9, 597
5, 718
5, 946
4,052
1, 399
3,264
3,211
18, 1 32 17, 897
4, 128
9. 346
5, 703
3, 844
3, 253
17,658
4, 247
9,532
6,000
4,004
3, 297
17,786
4,217
' 4, 078
9,587
' 9, 555
5,897
' 5, 816
' 4, 005 4,302
3,008
' 3, 039
' 17, 450 17, 751
2 19, 283 221,212
2 27, 965 2 33. 240
2 47, 115 2 53, 220
1,754
2,832
4,353
1,735
2,730
4,375
1,803
2,894
4, 553
1,760
2,849
4,510
1,760
2, 822
4,559
1,788
2,888
4. 648
1,803
2, 864
4, 546
1, 822
2, 909
4, 589
1,810
2,876
4,615
1,777
2,897
4,562
1,863 '1,719
3, 135 '2,988
4,630 r 4, 524
1,767
3,143
4,534
74,417
47,319
27, 098
75, 297
47, 993
27. 304
76,333
48,764
27,619
77,392
49, 432
27; 960
78, 881
50, 433
28, 448
79,817
51,274
28,543
80, 162 '80,817
51, 580 ' 52, 107
28, 582 '28,710
81,279
52, 568
28,711
Shipments (not seas, adj.), total. _
Durable goods industries, total 9
Stone, clay, and glass products.
Primary metals..- _
Blast furnaces, steel mills
Fabricated metal products
By market category:
Home goods and apparel
do
Consumer staples
_
do
Equipment and defense prod., excl. auto.do
Automotive equipment
do
Construction materials and supplies... do
Other materials and supplies
do
Supplementary market categories:
Consumer durables. ..
do
Defense products
do
Machinery and equipment
do
Inventories, end of year or month:
Book value (unadjusted), total
Durable goods industries, total .
Nondurable goods industries, total
Book value (seasonally adjusted), total...By industry group:
Durable goods industries, total 9
Stone, clay, and glass products.
Primary metals
Blast furnaces, steel mills..
Fabricated metal products
2 44, 909
2101,305
2 60, 300
2 50, 403
2 37, 543
2 188, 883
do...
do
do
67, 620
41, 831
25, 789
77, 392
49, 432
27, 960
71, 668
44, 910
26, 758
72, 380
45, 444
26, 936
72, 684
45, 634
27, 050
73,770
46,680
27,090
do
68, 015
77, 897
71, 103
71, 949
72, 958
74, 110
74, 884
75, 788
76,896
77, 897
78, 886
79,394
79, 708 '80,330
80, 584
do
do
do
do
do
42, 324
1,626
6,349
3,678
4,856
50, 037
1,746
7,109
4,043
5,314
44, 275
1,688
6,700
3,887
4,758
45,003 45, 790
1,697
1, 692
6, 770 6, 787
3,917 3,911
4,782 4,837
46,814
1,698
6,902
3,966
4,916
47, 568
1,675
6,908
3,993
5,048
48, 352
1.703
6,971
4, 048
5, 109
49,310
1,722
7, 057
4, 077
5, 214
50, 037
1,746
7,109
4, 043
5,314
50, 620
1,772
7,140
4, 088
5, 272
51,079
1,787
7,174
4, 137
5,295
51, 216 '51,593
1,791 '1,819
7,338
7,213
4, 128 ; 4,204
5, 273 - 5, 269
51,792
1,847
7,431
4, 238
5, 247
Machinery, except electrical. .
do
Electrical machinery
do
Transportation equipment
do. . . "
Motor vehicles and parts
do
Instruments and related products- .do
' Revised.
i Advance estimate.
2 Based on d ata
tSee corresponding note on p. S-ll.
8,508
9,942
8,756
6,093
6,552
7, 653
8,930
11,369 9,483
3,318
3,314
3,538
1,788
1,932
2, 214
not se asonally a djusted.
8,958
6,688
9,634
3,233
1,987
9,097
6,841
10,006
3,394
2, 023
9,329
6,998
10,399
3,537
2,062
9. 665 9,852
9, 942 10, 029 10,117
9,536
7, 383 7, 580
7, 353
7,799 7,857
7,205
10, 557 10,780 11,091 11,369 11,717 11,921
3,518 3,553 3, 538
3,489
3,608 3, 640
2,150 2,174
2,211
2, 214
2 222
2,106
9 Include s data for items r ot showii separat ely.
JSee corr espondir] g note OTi p. S-4.
10, 152
7,825
12, 004
3,533
2,251
'10,173
' 7, 783
12,164
'3,454
' 2, 290
10, 223
7, 768
12, 190
3, 401
2, 304
June
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1967
1966
1966
Annual
July 1967
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan
Fob
Apr.
May
14,721
' 2, 705
'4,781
' 2, 363
' 23,423
' 2, 510
'7,987
' 8, 439
' 13,449
' 2, 123
' 5, 188
'1,362
14,567
2,698
4,720
2, 352
23, 589
2,598
8,017
8,442
13, 636
2,135
5,254
1,396
Mar.
June
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month— Continued
Book value (seasonally adjusted)— Continued
By industry group— Continued
Durable goods industries— Continued
By stage of fabrication:
Materials and supplies 9
mil. $..
Primary metals
do
Machinery (elec. and nonelec.) do
Transportation equipment
do
Work in process 9
..
do
Primary metals
_ do.
Machinery (elec. and nonelec.). ..do
Transportation equipment
do
Finished goods 9 .. do.
Primary metals
do
Machinery (elec. and nonelec.)... do
Transportation equipment
do
r
12, 943
2,388
3,816
2,278
18, 109
2,130
6,699
5,465
11,272
1,831
4,086
1,187
14, 802
2,603
4,877
2,477
22, 263
2,477
7,853
7,512
12, 972
2,029
4,865
1,380
13, 298
2,489
4,120
2,226
19,302
2,337
6,977
6,003
11,675
1,874
4,211
1,254
13, 507
2,486
4,266
2,221
19, 693
2,394
7,099
6,149
11,803
1,890
4,281
1,264
13, 653
2,472
4,390
2,227
20, 235
2,438
7,221
6,522
11,902
1,877
4,327
1,257
13, 997
2,495
4,529
2,363
20, 698
2,501
7,356
6,771
12,119
1,906
4,442
1,265
14,309
2,486
4,673
2,452
20,949
2,452
7,489
6,847
12,310
1,970
4,579
1,258
14,465
2, 505
4,785
2,449
21,446
2,504
7,628
7,030
12,441
1,962
4,635
1,301
14, 599
2,548
4,846
2, 468
21, 934
2,503
7,791
7,284
12,777
2,006
4,795
1,339
14, 802
2, 603
4,877
2, 477
22, 263
2,477
7,853
7,512
12, 972
2,029
4,865
1,380
14, 880 14,856
2,640
2, 638
4, 037
4,913
2,
51V*
2. 499
22, 64^ I 22, 907
2. 455
;.'. 489
7,911
7, 949
7,852
8,028
13, 097 .1 3, 256
2,045
2,047
4,980
5,115
1,366
1, 374
14, 748
2,642
4,859
2,425
23, 140
2, 470
7,981
8,220
13, 328
2,101
5,137
1,359
25, 691
6,034
2,371
3,130
1,965
4,335
1,756
1,279
27, 860
6,394
2,343
3,333
2,271
5,039
1,869
1,402
26, 828
6,515
2,394
3,156
2,028
4,632
1,795
1,309
26, 946
6,503
2,383
3,248
2,068
4,664
1,776
1,323
27, 168
6,534
2,366
3,297
2, 131
4,741
1,804
1,345
27, 296
6,361
2,350
3,348
2,171
4,819
1,829
1,364
27,316
6,274
2,339
3,322
2,194
4,880
1,813
1,368
27, 436
6,284
2,340
3,356
2,214
4,937
1,819
1,386
27, 586
6,383
2, 307
3,286
2,230
5, 000
1,835
1,422
27, 860
6,394
2,343
3,333
2, 271
5,039
1,869
1,402
28, 266
6,593
2,336
3,325
2,265
5,145
1,930
1,444
28, 315
6,594
2, 376
3, 349
2, 272
5,175
1,925
1,427
28, 492 ' 28,737 28, 792
6,726
6,669 ' 6, 756
2,391
2,389 '2,383
3,350
3,356 ' 3, 372
'
2,
300
2,304
2,286
5, 203 ' 5, 290 5,431
1,950
1,957
1,915
1,423
1, 446 ' 1,453
9,964
3,862
11,865
10, 501
4,333
13, 026
10,439
3,991
12, 398
10, 562
4,044
12, 340
10, 506
4,062
12, 600
10,615
4,126
12, 555
10,579
4,169
12,568
10, 542
4,251
12,643
10, 571
4, 253
12, 762
10, 501
4,333
13, 026
10, 609
4,349
13, 308
10, 553
4,349
13,413
10,637 ' 10,712
4,355 ' 4, 346
13, 500 -• 13,679
10,742
4,363
13,687
do.
do
do
do
do
do .
7,021
9,844
14, 835
4,032
6,054
26, 229
8,190
10,476
18, 166
4,358
6,537
30, 170
7,521
10, 466
15, 655
4,028
6,124
27, 309
7,573
10,485
16, 034
3,952
6,192
27, 713
7,609
10, 499
16, 330
4,117
6,202
28, 201
7,768
10, 313
16, 709
4,293
6,267
28, 760
7,893
10,247
17,125
4,253
6,298
29,068
8, 002
10,313
17,457
4,298
6,380
29, 338
8,083
10,415
17,877
4,354
6,442
29, 725
8,190
10, 476
18, 166
4,358
6,537
30, 170
8,335
10, 698
18, 495
4,424
6,493
30, 441
8,356
10, 730
18, 750
4,450
6, 512
30, 596
8,327 '8,306
10,861 ' 10,977
19, 009 ' 19,303
4,343 ' 4, 263
6,491 r 6, 541
30, 677 ' 30,940
8,278
10,965
19,477
4,175
6,531
31,158
do ._
do
do _
3,287
6,388
10,701
4,189
8,732
12, 592
3,627
7,099
11,063
3,721
7,304
11,339
3,765
7,513
11, 537
3,831
7,736
11,818
3,922
7,925
12,096
4, 035
8,189
12, 228
4,148
8,465
12, 471
4,189
8, 732
12, 592
4.311
8,990
12, 719
4,328
9,193
12, 801
4,286
9,405
12, 830
' 4. 253
'9,615
12.873
4,270
9,747
12,896
New orders, net (not seas, adj.), total
Durable goods industries, total . . .
Nondurable goods industries, total.. .
do
do...
do
492, 272
260, 732
231, 540
542, 179
289, 836
252, 343
44, 748
23,969
20,779
47, 664
26, 120
21, 544
42, 314
22, 521
19, 793
43, 805
22, 244
21, 561
48,083
25,810
22,273
46, 649
24, 518
22,131
43,927
22, 738
21,189
43, 377
22, 949
20, 428
41, 779
21, 562
20,217
44, 802
23, 117
21,685
45, 214 • 45,091
23, 204 "3,157
22, 010 -'J.934
45,111
23, 638
21,473
New orders, net (seas, adj.), total . ._ ..
By industry group:
Durable goods industries, total9_.
Primary metals
Blast furnaces, steel mills
.
Fabricated metal products
Machinery, except electrical
Electrical machinery.. .
. . .
Transportation equipment. ._
Aircraft and parts .
...
do
2492,272 2 542, 179
45, 321
45, 833
45, 625
44, 842
46,318
45, 243
44, 052
45, 845
43, 408
43, 527
43, TOG
' -i3,849
45, 649
22, 072
3,315
1,495
2,049
3,391
3,552
5,577
1,833
22, 329
3,427
1,805
2,224
3,266
3,362
5,799
2,291
22, 065 ' 22,226 23,900
3, 037
3,013 ' 3, 236
2, 022
1,434 '1,701
2,108
2,247 ' 2, 136
'
3,
429
3,
515
3,351
3,208
3,273 ' 3, 196
'
6,
140
7,210
5,911
2,207 ' 2, 228 2, 753
Nondurable goods industries, total 9 ..do
Food and kindred products
do
Tobacco products
do
Textile mill products
do
Paper and allied products. . .
do .
Chemicals and allied products
do
Petroleum and coal products
do
Rubber and plastics products .
do _
By stage of fabrication:
Materials and supplies
do
Work in process. .. ..
. do
Finished goods .
do
By market category:
Home goods and apparel. ...
Consumer staples
Equip, and defense prod., excl. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
.
Supplementary market categories:
Consumer durables
Defense products
Machinery and equipment
Nondurable goods industries, total
Industries with unfilled orders©
Industries without unfilled ordersf
By market category:
Home goods and apparel
Consumer staples
Equip, and defense prod., excl. auto.
Automotive equipment
Construction materials and supplies
Other materials and supplies
..
Supplementary market categories:
Consumer durables
Defense products
Machinery and equipment .
260, 732
41,017
21, 378
24, 914
38,434
35, 292
72, 973
22, 044
289, 836
46, 879
24, 285
26, 743
42, 677
42, 269
79, 861
27,503
24, 276
4,305
2,331
2,237
3,553
3,466
6,488
1,942
24, 593
4,109
2,173
2,163
3,609
3,487
6,902
2,569
24,371
4,106
2,277
2,231
3,426
3,744
6,639
2,340
23, 512
3,792
1,906
2,128
3,774
3,603
5,986
2,072
25,274
4,047
2,166
2,106
3,715
3,676
7,561
3,403
24, 244 23, 027
3,588
3,817
1,834
1,881
2,275
2, 231
3,675
3,647
3,507
3,579
5,714
6,860
1,679
2,237
23, 960
3,677
1,737
2,403
3,582
3,358
6,540
2,410
do
231, 540
_do__ . 63,458
do
168, 082
252, 343
69, 463
182, 880
21,045
5,692
15,353
21,240
5,834
15, 406
21,254
5,952
15,302
21,330
5,938
15, 392
21,044
5,792
15,252
20, 999
5,822
15,177
21, 025
5, 799
15, 226
21, 885
6,091
15, 794
21,336
5,934
15,402
21, 198 "21,635
5,750
5,824
15, 448 15,811
do. .
45, 057
do
101,315
do
65, 081
do. .. 51, 053
do
38, 058
do
191,708
49, 710
110, 454
75,275
52, 058
39, 413
215,269
4,227
9,197
5,937
4,516
3,227
18,217
4,271
9,202
6,378
4,418
3,219
18, 345
4,174
9,205
6,464
3,884
3,221
18, 677
4,149
9,373
5,891
4,027
3,156
18, 246
4,184
9,330
7,751
4,126
3,073
17,854
4,178
9,131
6,584
4,594
3,173
17,583
4,124
9,260
5, 543
4,184
3,200
17,741
4,207
9,597
6,607
4,200
3,373
17,861
4,175
9,344
5,192
3,851
3,177
17, 669
4,059
9,348
5,756
3,610
3,307
17, 447
19,449
32, 534
49, 679
21,318
40, 469
56, 770
1,812
2,907
4,845
1,817
3,685
4,753
1,739
3,503
5,092
1,749
3,155
4,813
1,758
4,671
4,906
1,824
3,308
4,816
1,764
2,727
4,647
1,786
3, 359
4,603
1,826
2,846
4,545
1,698
3,330
4,242
64,896
61, 543
3,353
78, 630
75,315
3,315
73, 279
69, 410
3,869
74, 705
70, 883
3,822
76, 602
72, 801
3,801
77, 300
73, 615
3,685
79,213
75,673
3,540
79, 537
76, 033
3, 504
78, 753
75, 346
3,407
78,630
75, 315
3,315
78, 787
75, 485
3,302
66, 068
79,917
73, 297
75, 009
76, 310
76, 942
79,170
79, 923
79, 581
79, 917
62, 534
5,646
2,730
5,467
10,304
9,830
25, 993
19, 781
76,415
6,909
3, 305
6,221
12,816
12, 279
32, 350
26, 056
69, 609
7,042
3,588
5,847
11,468
11,061
28, 646
22, 110
71,308
7,312
3,749
5,866
11, 757
11,318
29, 434
22, 927
72, 651
7,374
3,816
5,954
11,820
11, 567
30, 332
23, 420
73, 286
7,244
3,686
5,952
12, 230
11,793
30, 402
23, 649
75,591
7,372
3,813
5,856
12,524
12,056
32,119
25,274
76, 382
7,350
3,698
5,989
12,611
12, 189
32, 590
25, 673
76, 170
7,125
3,550
6,084
12,818
12,310
32, 078
25, 513
3,534
3,502
3,688
3,701
3,659
3,656
3,579
3,541
2,124
34, 732
6,041
23, 171
2, 230
42, 205
6,493
28,989
2,250
37, 687
6,320
27, 040
2,341
38, 503
6,290
27, 875
2,295
39, 198
6,330
28, 487
2,295
39, 354
6,320
28, 973
2,313
41,426
6,188
29,243
1,601
24, 587
16, 000
1,704
31,765
19,614
1,736
27,316
17, 762
1,819
28, 269
18, 142
1,757
28, 879
18, 683
1,744
29, 184
18, 986
1,744
31,033
19,333
do
do
do
do._
do
do.
do
do
do
. do. ..
do _
Unfilled orders, end of year or month (unadjusted),
total. _
mil. $
Durable goods industries, total
do. .
Nondur. goods indus. with unfilled orders© .do
Unfilled orders, end of year or month (seasonally
adjusted), total
mil $
By industry group:
Durable goods industries, total 9
do .
Primary metals
do
Blast furnaces, steel mills
do
Fabricated metal products ... .
do _
Machinery, except electrical
_ do...
Electrical machinery
do
Transportation equipment ._
do
Aircraft and parts
. do
Nondur. goods indust.with unfilled orders©. do
By market category:
Home goods, apparel, consumer staples. _ . do
Equip, and defense prod., incl. auto
do
Construction materials and supplies . do..
Other materials and supplies
do
Supplementary market categories:
Consumer durables
do
Defense products
do
Machinery and equipment
do
r
2
Revised.
1 Advance estimate.
Data for total and components (incl. market
categories) are based on new orders not seasonally adjusted.
9 Includes data for items not shown separately.
©Includes textile mill products,
leather and products, paper and allied products, and printing and publishing industries; un-
r
r
21,623
'5,840
15,783
21,749
5,929
15,820
4,148 ' 4, 053
9,529 ' 9, 555
5,760 ' 5, 685
3,830 '3,962
3,293 ' 3, 099
17, 140 ' 17,495
4,140
9,586
6,565
4,511
2,974
17,873
'1,712
' 3, 273
'4,443
1,732
3,853
4,602
78, 777
75, 536
3,241
77, 959 ' 77,794
74, 795 r 74,609
3,164 ' 3, 185
77, 944
74,757
3,187
78, 863
78, 455
77, 290 ' 77,194
78, 077
76,415
6,909
3,305
6, 221
12,816
12, 279
32, 350
26, 056
75, 427
6,466
2,880
6,135
12, 716
12, 368
32, 046
26, 061
75, 131
6,274
2,882
6,144
12, 497
12, 394
32, 158
26, 505
74, 060
5,771
2,529
6,119
12, 359
12, 232
32, 009
26,649
' 74,016
' 5, 569
2,487
' 6, 176
' 12,335
' 12,206
' 32,237
' 26,971
75, 054
5, 764
2,719
6, 185
12,385
12,119
33, 100
27, 668
3,411
3,502
3,436
3,324
3,230
' 3, 178
3,023
2,324
42, 165
6, 274
29,160
2,247
41,740
6, 330
29, 264
2,230
42, 205
6,493
28, 989
2,219
41,479
6,405
28, 760
2,154
41,297
6,457
28, 547
2,050 ' 2, 027
40, 886 ' 40,709
6,454 '6,513
27, 900 ' 27,945
1,949
41,583
6,478
28,067
1,780
31,453
19, 499
1,740
31, 316
19, 602
1,704
31,765
19, 614
1,720
31,735
19, 545
1,644
32, 167
19, 224
1,526 ' 1,520
32,268 ' 32,552
18, 909 ' 18,830
1,485
33, 261
18, 897
1,748
3,235
4,315
r
_:::
filled orders for other nondurable goods industries are zero.
IFor 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 CUREENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
1967
1966
May
Annual
S-7
June
July
Aug.
Sept,
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONSd"
New incorporations (50 States and Dist. Col.):
T7;iflti justed . _ . . ....
number
£ -JiHon oil v adjusted 3)
do
INDUSTRIAL AND COMMERCIAL
FAIL IRES d1
number
Frd'i rt: . i otal
Commercial service
„_ _ .
c "(instruction. ... _.
Manufacturing and mining
Retail trade
_
Wholesale trade
Liabilities (current), total...
do
do
.do
do
do
thous. $
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
do
do
do.
do
do
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns. .
203 897
200 010
17 036
16 644
17 500
16 577
15 336
16 074
16 149
16 343
14 528
15 764
15 241
16 233
13 982
16 206
16 467
16 583
18 714
16 703
15 225
15 987
19 036
16, 244
16 511
16,760
18, 700
17, 627
13 514
13 061
997
1 077
1 017
1 249
1 049
1 150
1 II9
1 055
1 191
1 216
1 216
1 160
1 100
1 299
2 513
2,097
6 250
1 355
1 368
2 510
1,852
6 076
1 255
100
212
157
511
97
94
186
144
492
101
152
236
160
555
113
128
227
190
557
114
125
238
149
519
129
119
193
157
515
116
108
210
121
459
99
1,321,666 1,385,659 96, 376 123, 575
112
276
191
567
103
123
195
159
470
95
138
213
154
542
103
127
214
145
526
100
111
219
157
454
114
113
223
171
558
126
69 876 178, 088 129, 162 108 046 106 732 161 481 108, 172 113 450 119, 322 103,817
93, 370
248, 523
290 980
350! 324
287 478
144' 361
185, 202
326 376
352, 861
344 346
176 874
26,400
23 832
20, 164
17 054
8 926
27, 123
20 736
28', 330
32 528
14' 858
4 459
18 233
19', 230
18 757
9 197
38, 358
33 193
43^ 497
30 4889
32* 55
14 435
24 513
50,411
23 928
15 875
8 230
24 399
34| 992
26 043
14 389
6 161
24 523
33', 768
27 343
14 937
11 654
67* 110
29' 338
38 631
14 748
8 044
19 361
32, 818
27 301
20 648
12 746
25 050
32, 325
32 887
10 442
10, 086
38 928
29, 3219
32 65
8 335
9 767
29 058
27, 489
25 367
12 136
10, 280
16 046
26,912
26 307
13 825
153.3
151.6
45.8
49.4
52.3
60.8
56.6
57.2
55.6
52 4
54.9
57 1
49.7
52 1
48.6
COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS
Prices received, all farm products^
1910-14= 100__
Crops?
do
Commercial vegetables
do
Cotton
do
Feed grains and hay
do
Food grains
do
Fruit
do
Tobacco
_
do
Livestock and products 9
do
Dairy products
_
do
Meat animals
do
Poultry and eggs..
do
Prices paid:
All commodities and services
do
Family living items
do
Production items
do
All commodities and services, interest, taxes, and
wage rates (parity index) . .
1910-14 =100
Parity ratio §.
do
248
234
262
245
174
164
247
513
261
261
319
145
266
235
288
215
181
185
243
553
292
293
356
161
263
239
276
240
177
174
272
546
284
266
361
150
264
240
280
248
176
189
261
546
284
268
360
148
268
246
309
251
182
204
227
553
287
287
353
153
271
239
286
179
188
199
238
564
300
304
366
163
270
235
268
179
190
198
254
567
300
320
355
167
266
233
268
190
184
188
273
560
293
326
343
160
259
230
293
185
183
189
226
557
284
324
324
163
257
229
291
186
187
191
205
562
281
320
323
158
255
225
288
168
186
187
206
556
281
311
330
152
252
223
280
175
184
179
199
561
276
306
328
142
250
224
276
173
186
189
199
561
272
300
323
144
245
223
305
173
183
185
193
558
264
291
319
130
252
221
276
167
183
188
197
558
279
288
351
126
255
227
322
169
184
179
217
558
279
288
353
123
288
306
276
298
315
285
296
314
283
296
314
283
297
315
285
299
317
287
301
318
289
300
318
287
300
318
286
300
318
287
301
318
289
301
318
288
301
318
289
301
318
288
302
320
289
303
321
290
321
77
334
80
333
79
333
79
334
80
335
81
337
80
337
79
337
77
337
76
340
75
339
74
340
74
341
72
342
74
343
74
CONSUMER PRICES
(U.S. Department of Labor Indexes')
Unadjusted indexes:
All items
1957-59 = 100..
Special group indexes:
All items less shelter. .
do
All items less food
do
Commodities. . .
do
Nondurables...
do
Durables?
do
New cars
do
Used cars
do
C ommodities less food
do
Services
_ _
do
Services less rent
.
do
Food9
do
Meats, poultry, and fish .
do
Dairy products
_
....
do
Fruits and vegetables... .
do
Housing...
_ _
do
Shelter?
"""do""
Rent
do
Homeownership
do
Fuel and utilities 9
do
Fuel oil and coal
do
Gas and electricity
do
Household furnishings and operation."" do" "~
Apparel and upkeep
do
Transportation
_,
do
Private.
do
Public..
do
Health and recreation 9
do
Medical care
do "
Personal care
do
Reading and recreation
do
Seasonally adjusted indexes:*
Food
do
Apparel and upkeep
do
Transportation.
___
do
f
109.9
109.6
110.4
106.4
107.9
102.6
99.0
120.8
105.1
117.8
120.0
108.8
105.1
105.0
115.2
108.5
110.6
108.9
111.4
107.2
105.6
107.8
103.1
106.8
111.1
109.7
121.4
115.6
122.3
109.9
115.2
112.9
113.3
113.8
114.1
114.5
114.6
114.7
114.7
114.8
115.0
115.3
115.6
112.4
112.5
108.8
111.3
102.5
97.0
117.5
106.3
121.5
124.1
113.5
113.9
109.3
119.2
110.7
113.5
110.2
115.0
108.2
108.0
108.2
104.6
109.3
112.0
110.5
122.1
118.4
126.3
112.0
116.8
112.6
112.8
109.0
111.5
102.6
96.8
118.2
106.4
122.0
124.8
113.9
114.2
109.6
121.7
111.1
114.1
110.2
115.8
108.0
107.0
108.1
104.8
109.4
112.2
110.7
122.8
118.7
127.0
112.2
117.0
113.1
113.2
109.3
111.8
103.0
96.7
120.3
106.7
122.6
125.5
114.3
114.3
111.0
121.5
111.3
114.4
110.3
116.2
107.9
107.0
108.1
105.1
109.2
113.5
111.5
129.1
119.1
127.7
112.5
117.2
113.6
113.4
109.8
112.5
103.0
95.8
122.1
106.6
123.0
125.9
115.8
114.5
114.8
122.3
111.5
114.6
110.6
116.4
107.9
107.0
108.1
105.2
109.2
113.5
111.6
129.2
119.5
128.4
112.7
117.4
113.9
113.8
110.0
112.9
102.7
94.4
120.1
107.0
123.5
126.5
115.6
114.8
116.0
116.6
111.8
115.0
110.7
116.8
108.0
107.4
108.1
105.7
110.7
113.3
111.3
129.5
119.9
129.4
113.0
117.5
114.3
114.4
110.3
113.1
103.5
98.4
120.8
107.6
124.1
127.1
115.6
113.8
117.1
115.3
112.2
115.5
111.0
117.4
108.1
108.3
108.0
106.1
111.5
114.3
112.3
129.6
120.4
130.4
113.3
118.0
114.4
114.8
110.2
112.9
103.5
99.3
119.3
107.8
124.7
127.7
114.8
111.8
116.7
114.9
112.6
115.8
111.2
117.8
108.3
108.9
108.1
106.5
112.0
114.5
112.6
129.6
120.8
131.3
113.4
118.3
114.3
114.9
110.1
113.0
103.1
98.6
114.2
107.7
125.2
128.3
114.8
110.9
116.5
114.3
113.0
116.4
111.3
118.6
108.4
110.2
107.9
106.7
112.3
113.8
111.7
129.8
121.0
131.9
113.7
118.4
114.2
114.8
109.9
112.7
102.7
97.6
113.0
107.3
125. 5
128.8
114.7
110.3
116.4
115.3
113.1
116.5
111.4
118.7
108.6
110.5
108.3
106.7
111.3
113.4
111.4
129.8
121.4
132.9
113.8
118.5
114.3
115.2
109.9
112.7
102.8
97.3
114.0
107.6
125.9
129.2
114.2
110.7
116.1
114.2
113.3
116.8
111.7
118.9
108.7
111.1
108.3
107.0
111.9
113.8
111.8
130.0
121.8
133.6
114.1
118.6
114.6
115.4
110.0
112.9
102.9
97.2
115.9
107.8
126.3
129.5
114.2
110.0
115.7
115.2
113.3
116.6
111.8
118.6
108.7
111.1
108.3
107.3
112.6
114.2
112.2
130.5
122.2
134.6
114.4
118.9
114.8
115.9
110.2
113.0
103.4
97.0
118.8
108.4
126.6
130.0
113.7
109.0
115.7
114.2
113. 6
116.9
111.9
119.0
108.8
111.0
108.4
107. 7
113.0
115.1
113.2
130.6
122.6
135.1
114.9
119.4
115.1
116.3
110.5
113.2
103.9
96.9
121.4
108.7
127.0
130.4
113.9
108.5
115.9
116.4
113.9
117.5
112.1
119.7
108.7
110.8
108.3
107.9
113.8
115.5
113.6
130.9
122.8
135.7
115.0
119.6
114.0
109.4
112.0
114.0
109.5
112.3
113.2
109.6
113.4
115.5
115.8
115.3
115.3
115.3
114.9
114.5
114.0
114.3
113.9
109.6
110.5
110.8
111.3
111.9
113.7
111.7
112.3
112.9
113.1
113.5
114.1
114.0
113.5
113.3
113.2
115.6
114.3
115.3
114.5
tRe\ qsions for Jan. 19 63-Mar. 1966 (back to Jan 1959 for all farm iproducts crops, a nd feed
grains and hay are ava lable up on reque St.
§Rat io of pri ces recei yed to pi•ices paicI (parity index) .
9Inc ludes da ta for it 3ms not
shown separate y.
*is 'e\v series>. Begirming wi th indexe s for Jan. 1966, sea.sonally a djusted
indexe s for sele<Jted grou ps and siibgroups of the C PI were publishe d by the Dept. of Labor.
Additi onal information and a de scription of the B LS Seascmal Fact or Meth od are wBailable
from tltie Bureau of Lab or Statist ics, U.S. Dept. o f Labor, Washing ton, D.C . 20212.
2 113. 1 2112.6
112.9
113.0
109.2
111.8
102.7
97.2
117.8
106.5
122.3
125.0
114.2
114.1
111.8
117.6
111.1
114.1
110.4
115.7
107.7
108.3
108.1
105.0
109.6
112.7
111.0
125.8
119.0
127.7
112.2
117.1
Revised.
;i Based on unadjusted data.
Beginning with indexes for Jan. 1966, data for six additional areas (C incinnat i, Houst(Ml,
Kansas City, Milwaukee, Minneapolis-St. Paul, and San Diego) hav a, been iricorporat ed
into the national CPI. These areas were "linked" into the CPI as of Dec. 196 5 and w 3re
first used in calculating the Dec. 1965-Jan. 1966 price change.
^Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dis t. Col.).
©Revised seasonally adjusted data for Jan. 1964-Nov. 1965 will be sho wn later
2
S-8
SUKVEY OF CUERENT BUSINESS
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1966
July 1967
1967
1966
Annual
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June p
COMMODITY PRICES—Continued
WHOLESALE PRICES6" t
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities
1957-59-100
9 Foodstuffs
do
13 Raw industrials
.
do
All commodities}:
By stage of processing:
Crude materials for further processing
Intermediate materials, supplies, etc
Finished goods O
.
By durability of product:
Durable goods
Nondurable goods
Total manufactures. .
Durable manufactures.-.
Nondurable manufactures
Farm prod., processed foods and feeds If
1
104. 7
!91.9
U14.6
i 109. 5
i 101.9
i 115.2
110.7
100.4
118.3
111.4
102.0
118.4
113.1
105.3
118.8
110.6
109.1
111.7
107.3
105.1
108.9
103.7
100.1
106.3
102.6
98.1
105.9
102.8
98.6
105.8
102.9
97.5
106.8
102.0
97.5
105.2
100.0
96.3
102.5
98.1
95.3
100.1
'99.0
98.1
'99. 6
98.8
97.3
99.8
do
102.5
105.9
105.6
105.7
106.4
106.8
106.8
106.2
105.9
105. 9
106.2
106.0
105.7
105.3
105.8
106.3
do
do
do
98.9
102.2
103.6
105.3
104.8
106.9
105.7
104.8
106.2
105.6
104.9
106.4
107.8
105.4
107.0
107.4
105.8
107.5
106.1
105.6
108.1
103.6
105.3
107.8
101.1
105.3
107.8
100.8
105.4
107.6
101.9
105.6
107.7
100.8
105.5
107.6
99.7
105.5
107.2
98.0
105.5
107.0
100.6
105.3
107.6
103.7
101.5
102.8
103.7
101.9
106.0
105.6
105.7
106.0
105.3
106.1
105.0
105.5
106.1
104.8
106.2
105.2
105.6
106.1
105.1
106.2
106.4
106.0
106.1
105.8
106.2
107.0
106.4
106.3
106.5
106.2
107.1
106.4
106.3
106.5
106.6
105.8
106.3
106.7
105.8
106.9
105.1
106.2
107.0
105.3
107.1
104.9
106.2
107.2
105.2
107.4
105.2
106.4
107.5
105.3
107.6
104.7
106.4
107.7
105.1
107.6
104.2
106.3
107.7
104.8
107.6
103.7
106.2
107.8
104.6
107.5
104.6
106.3
107.7
105.0
do
do
do
do
do. _ " .
do
102.1
108.9
107.9
107.7
109.9
111.3
111.5
108.8
107.1
106.7
107.0
105.7
104.6
103.4
105.0
Farm products 9
do
Fruits and vegetables, fresh and dried do
Grains
do
Live poultry*
do
Livestock*.
do
98.4
101.8
89.6
87 2
100.5
105.6
102.5
97.3
91.4
110.0
104.5
103.3
93.6
101.3
111.5
104.2
99.7
94.9
95.6
110.1
107.8
107.0
103.1
94.2
108.7
108.1
97.7
105.6
89.8
112.0
108.7
110.4
104.6
87.5
109.2
104.4
97.9
98.9
83.1
106.5
102.5
104.2
98.0
85.1
98.4
101.8
101.3
101.5
77.2
97.9
102.6
101.8
100.7
88.1
101.4
101.0
104.5
95.8
97.1
99.5
99.6
98.4
99.9
90.8
97.4
97.6
99.6
98.3
89.0
94.0
' 100. 7
104.4
98.0
85.6
102.6
102.4
Foods and feeds , processed 9*
Beverages and beverage materials*
Cereal and bakery products
Dairy products
_.
Fruits and vegetables, processed©
Meats, poultry, and
fish
.do
do
do
do
do
do
106.7
105.7
109.0
108.5
102.1
101.0
113.0
105.8
115.4
118.5
104.8
110.2
111.8
105.7
113.0
114.9
105.4
110.9
112.0
106.1
114.0
116.5
104.9
109.9
113.8
106.3
115.5
119.8
104.5
110.0
115.7
106.4
118.9
124.0
102.3
111.1
115.5
105.6
118.9
124.2
103.7
112. 2
113.9
105.6
118.7
124.5
105.7
108.1
112.6
105.6
118.7
122.6
105.9
104.2
112.8
105.8
118.0
122.3
105.8
104.4
112.8
105.8
117.6
121.8
105.9
105.4
111.7
105.9
117.3
121.2
104.3
104.7
110.6
105.6
117.5
120.7
104.2
101.7
110.0
105.9
117.2
120.1
104.3
100.6
110.7
106.0
117.4
120.8
105.1
103.8
112.5
do
102.5
104.7
104.7
104.9
105.2
105.2
105.2
105.3
105.5
105.5
105.8
106.0
106.0
100. 0
106.0
106.0
do
do
do
do
do
do
97.4
101.8
95.0
94.4
112.7
105.4
97.8
102.8
95.7
94.5
102.8
106.8
97.7
103.6
96.0
94.1
102.5
106.2
97.6
102.9
95.8
94.3
101.6
106.8
97.9
102.6
95.9
94.5
1C5. 3
106.8
97.9
101.9
95.8
94.7
105.5
106.8
98.0
102.2
95.8
94.8
103.8
106.8
97.9
102.8
95.9
95.0
94.5
107.3
98.0
103.3
96.0
95.0
91.6
107.8
98.2
103.1
96.4
94.7
95.1
108.5
98.4
104.2
96.6
94.7
92.3
108.7
98.5
105.4
96.9
94.2
89.1
108.7
98.5
105.9
97.0
94.4
81.5
108.8
98.8
105.2
97.6
94.0
85.3
108.8
98.8
105.2
97.5
94.1
82.9
108.8
Fuels and related prod., and power 9 _ _ do
Coal
do
Electric power
Jan. 1958 = 100. .
Gas fuels ..
do
Petroleum products, refined
1957-59 = 100. .
98.9
96.5
100.8
124.1
95.9
101.3
98.6
100.3
129.3
99.5
100.4
96.9
100.2
128.3
98.4
101,5
97.2
100.2
128.5
100.2
101.4
97.6
100.3
128.3
99.9
102.0
98.5
100.3
128.9
100.7
102.2
99.6
100.3
129.2
101.0
102.6
100.6
100.2
130.7
101.3
102.7
101.9
100.3
130.6
101.3
102.4
102.4
100.8
132.0
100. 2
102.6
102.3
100.6
134.6
100.3
103.4
102.3
100.6
134.5
101.9
103.7
102.2
100.6
134. 6
102.4
103.3
102.7
100.6
134.8
101.7
104.4
102.6
100.6
135.0
103.7
Furniture and household durables 9
Appliances, household
Furniture, household __
Home electronic equipment*A
do
do
do
do
98.0
89.2
106.2
85.2
99.1
89.1
109.1
83.6
98.9
89.4
108.9
83.5
98.9
89.4
108.9
83.5
99.0
89.1
109.1
83.5
99.1
88.8
109.4
83.1
99.2
88.7
109.8
83.3
99.7
88.9
110.3
83.8
100.3
89.2
111.5
83.8.
100.4
89.2
111.8
83.8
100.4
89.6
111.9
83.6
100.4
89.7
112.0
83.5
100.6
89.8
112.4
83.3
100.6
89.8
112.4
83.3
100.8
89.7
112.4
82.9
Hides, skins, and leather products 9
Footwear
Hides and skins
Leather
Lumber and wood products
Lumber
do
do
do
do
do
do
109.2
110.7
111.2
108.1
101.1
101.9
119.7
118.2
140.8
121.1
105.6
108.5
122.8
118.9
163.0
125.1
109.6
113.2
122.9
118.9
161. 0
126. 6
107.7
112.0
122.7
119.0
156.4
126.0
106.6
110. 5
121.2
119.1
141.2
124.9
106.2
110.2
119.9
119.1
134.2
121.8
105.9
109.5
118.7
120.1
120.8
117. 5
104.8
108.0
117.5
120.1
114.3
114.1
103.0
105. 6
117.3
120.3
109. 2
116.2
102.5
104. 5
117.9
120.9
110.1
116.9
102.6
104.5
118.0
121. 6
107.8
116.3
103.6
105.4
117.0
121.7
99.6
114.6
103.6
106.0
116.0
121.5
91.3
112.9
104.1
106.6
115.4
121.4
89.4
110.9
104.2
107.0
Machinery and equipment 9*
do
Agricultural machinery and equip
do
Construction machinery and equip-- _do
Electrical machinery and equip .
do
Metalworking machinery and equip.*. .do
105.0
115.1
115.3
96.8
113.6
108.2
118.5
118.9
99.0
118.8
107.8
118.2
118.9
98.9
118.0
108.1
118.4
118.9
98.8
119.0
108.3
118.5
118.9
99.0
119.0
108.5
118.3
118.9
99.1
119.5
108.9
118.2
119.4
99.2
120.5
109.4
118.5
119.8
99.5
121.1
110.2
120.4
120. 6
100.7
121.5
110.7
120. 8
121.0
101.5
121.8
111.1
121.5
121.3
101.9
121. 9
111.2
121.7
121.4
101.8
122.2
111.5
121.9
121.5
102.2
122.6
111.6
121.8
121.8
102.3
122.9
111.6
121.8
121.9
101.9
123.6
Metals and metal products 9 ...
Heating equipment
Iron and steel
Nonferrous metals.
105.7
91.7
101.4
115.2
108.3
92.5
102.3
120. 9
108.4
92.1
101.8
122.5
108.7
92.5
102.0
123.2
108.8
92.9
102.2
122.9
108.5
92.5
102.7
120.4
108.4
92.9
102.5
119.9
108.6
93.3
102.5
120.3
109.0
93.4
102.8
121.0
109.0
93.4
102.9
120. 5
109.4
92.6
103.0
121.8
109.6
92.3
103.2
122.3
109.4
92.2
103.3
121.1
109.1
92.0
103.2
120.0
108.9
92.0
103.2
118.9
Industrial commodities§
Chemicals and allied products 9
Agric. chemicals and chem prod *
Chemicals, industrial
Drugs and Pharmaceuticals
Fats and oils, inedible
Prepared paint ...
do
do
do
do
Nonmetallic mineral products 9
do .
Clay prod., structural, excl. refractories*
do..
Concrete products. .
do
Gypsum products
do
Pulp, paper, and allied products
do
Paper
do
Rubber and products
do
Tires and tubes
do
101.7
102.6
102.4
102.5
102.7
102.7
103.0
103.2
103.3
103. 3
103.6
103.7
103.8
103.9
103.8
106.6
101.5
104.0
99.9
104.1
92.9
90.0
108.4
103.0
102.4
102.6
107.3
94.8
93.3
108.1
102.7
102.2
102.7
107.1
95.4
94.4
108.4
103.0
102.7
103.0
108.0
95.4
94.4
108.5
103.1
102.7
103.2
108.2
95.1
93.9
108.7
103.3
102.7
103.2
108.4
95.1
93.9
108.7
103.6
102.7
103.1
108.4
94.7
93.4
108.8
103.5
102.7
103.1
108.4
94.6
93.4
109.3
103. 5
103.5
103.0
108.5
95.0
93.9
109.1
103.9
103. 5
103. 0
108.5
95.0
93.9
109.3
103.9
103.5
103.1
108.5
95.6
94.9
109.3
104.4
103.5
103.3
108.5
95.8
94.9
109.3
104.5
102.3
103.6
108.5
95.9
94.9
109.4
104.6
102.3
103.9
109.3
95.9
94.0
109.7
105.2
102.3
103.9
109.5
95.8
94.0
Textile products and apparel 9
Apparel..
Cotton products
Manmade fiber textile products
Silk yarns
Wool products
do
do
do
do
do
do
101.8
103.7
100.2
95.0
134.3
104.3
102.1
105.0
102.5
89.5
153.6
106.0
102.2
104.9
102.6
89.9
140.9
106.4
102.2
104.8
102.8
90.0
143.8
106.5
102.4
105.0
103.0
90.1
152.1
106.7
102.4
105.2
103.3
89.6
156.7
106.6
102.2
105.1
103.1
88.6
158.6
106.1
102.1
105.5
103.0
87.7
161. 1
105. 1
101.8
105.4
102.7
86.9
163.2
104.8
102.0
105.7
102. 5
87.1
166.1
104.7
102.0
105.9
101.8
87.1
164.1
104.7
101.8
106.0
101.3
86.9
164.1
104.0
101.8
106.2
100.8
86.8
164.5
102.9
101.6
106.3
100.3
86.3
167.0
103.1
do
do
_ do
"do
do
100.7
104.8
102.7
106.2
100.8
106.8
104.1
109.6
100.9
106.8
103.7
110.3
100.7
106.9
103.7
110.3
100.7
107.1
104.5
110.3
100.5
107.1
104.9
110.3
100.1
107.1
104.8
110.3
102.2
105.3
103.3
88.1
161.1
105.6 1
1
j
101.7
107.2
105.0
110.3
101.7
107.4
104.8
110. 2
101.7
107.5
104.8
110.3
101.6
107.9
105.2
110.3
101.6
108.0
105.3
110.3
101.6
107.7
104.0
110.3
101.6
108.0
105.2
110.3
101.6
108.0
105.3
110.3
$0. 976
.910
$0. 945
.884
$0. 947
.888
$0. 946
.886
$0. 940
.883
$0. 936
.879
$0. 936
.876
$0. 944
.873
$0. 944
.872
$0. 942
.872
$0. 943
.871
$0. 946
.870
$0. 950
.867
$0.945
.865
Transportation equipment 9 *
Motor vehicles and equipment
Miscellaneous products 9 *
.
Toys, sporting goods, etc
Tobacco products*
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices .
Consumer prices...
1957-59—$! 00
do
r
Revised.
* Preliminary.
1 Computed by OBE.
cfFor actual wholesale prices
of individual commodities, see respective commodities.
{Beginning Jan. 1967, indexes
incorporate revised weighting structure reflecting 1963 values of shipments; details regarding
weight revision as well as changes in classification structure are available from the Bureau
of Labor Statistics, U.S. Dept. of Labor, Wash., D.C. 20212.
O Goods to users, incl. raw
$0. 942
.873
$0. 941
foods and fuels.
^Formerly "farm prod, and processed foods."
9Includes items not
shown separately.
*New series; data prior to Feb. 1966 (where available) may be obtained
from BLS.
©Formerly "canned and frozen fruits and vegetables."
§Formerly
"commod. other than farm prod, and foods."
AFormerly "television, radio receivers,
and phonographs."
SURVEY OF CURRENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
Annual
S-9
1967
1966
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
Juno
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE f
New construction (unadjusted), total
f
mil. $..
71,930
74, 369
6,579
7,044
6,955
6,915
6,847
6,586
6,204
5,562
4,857
4,421 ' 5, 160
5, 703
6,189
Private, total 9 .
- ..
.do
Residential (nonfarm)
do
New housing units _
__ _
do
Nonresidential buildings, except farm and public utilities, total 9
mil. $
Industrial
do
Commercial
do
Farm construction. _ _ .
do
Public utilities 9
-_.do_...
Telephone and telegraph.
do
49, 999
26, 689
20, 765
50, 623
24, 633
18, 773
4,497
2,367
1,734
4,789
2,534
1,848
4,652
2,412
1,846
4,647
2,266
1,754
4,547
2,135
1,650
4,302
1,968
1,507
4,140
1,795
1,356
3,840
1,622
1,217
3,307
1,379
1,033
3,061 ' 3, 331 ' 3, 625
1,244 ' 1, 430 ' 1, 638
947 ' 1, 030 ' 1, 184
3,875
1,843
1,355
16, 521
5,086
6,704
1,195
5,178
1,454
18, 734
6,779
6,887
1,208
1,533
557
537
1,621
612
573
1,612
616
585
1,722
631
639
1,759
621
653
1,670
587
635
1,672
609
624
1,579
575
600
1,404
492
529
1,327
482
490
1,600
127
150
133
148
139
139
144
151
102
115
Public, total 9
do
21, 931
23, 746
2,082
2, 255
2,303
2,268
2,300
2,284
2,064
1,722
1,550
1,360
do
do
do
do
do
7,716
464
365
883
7,547
374
770
745
44
39
56
769
802
48
39
74
867
779
50
24
64
962
765
52
31
70
926
789
58
32
75
874
803
62
29
65
833
754
56
27
65
694
27
60
30
48
24
45
76.1
52 3
27.0
74.8
52.1
26.2
72.5
50.1
25.1
72.2
49.7
23.9
73.8
49.7
23.1
71.0
46.8
22.0
71.4
46.8
20.8
71.3
46.9
20.5
72,9
48.3
20.7
18.2
6.9
6.1
18.7
7.5
6.3
17.9
7.2
6.3
18.5
7.2
6.5
19.3
6.9
7.1
17.6
6.2
6.6
18.5
6.4
7.1
18.9
6.2
7,5
20.3
6.7
8.1
Buildings (excluding military) 9
Residential
Industrial
Military facilities
Highways and streets
New construction (seasonally adjusted at annual
rates), total
__..
bil. $..
Private, total 9
do
Residential (nonfarm)__.
do
Nonresidential buildings, except farm and public utilities, total 9
--bil. $„
Industrial
do
Commercial
..do
Farm construction
do
Public utilities 9
do
Telephone and telegraph.
do
Public, total 9
do
Buildings (excluding military) 9
do
Residential
.
. do _
Industrial
.. . . .
do Military facilities
.
do
Highways and streets
do
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. \V. Dodge
Co.):
Valuation, total
mil $ i 49, 272 150,150
1,357 ' 1, 419 1,417
473
'464
473
r
512
557
556
' 1, 829 ' 2, 078 2, 314
27
45
26
44
—
73.4
49.0
21.2
'73.0 '71.5
' 46. 6 ' 45.4
'20.9 '21.1
72. 5
46.1
21.8
20. 3
7.1
7.9
' 18.2
'6.1
T
7.2
16.9
5.7
6.6
' 17.3
'5.6
'6.9
1.4
1.7
1.5
1.6
1.7
1.5
1.7
1.8
1.5
1.7
1.7
1.6
23.9
22.7
22.4
22.5
24.0
24.3
24.6
24.4
24,7
24. 4
'26.4
' 26. 1
8.5
.6
.4
.6
8.8
8.3
.6
.4
.7
8.3
8.2
.5
.4
.8
8.2
8.3
.6
.4
.7
8.1
9.0
.6
.4
.8
8.2
9 .?,
9.4
.3
.7
8.1
.3
.7
8.0
.3
.7
.4
.7
.3
.7
.7
.6
26.4
5,132
4,854
4,797
4,323
4,103
4, 106
3,461
3,189
2,838
3,300
4,424
4,389
145
156
147
147
139
146
139
130
133
126
143
149
138
154
Public ownership
.
mil. $
16, 209
18, 152
Private ownership
do
33, 064
31,998
By type of building:
17,219
Nonresidential
do
19, 393
21, 248
Residential
...
do
17, 827
Non-building construction
. _ . do
10, 805
12, 930
New construction planning
(Engineering News-Record) §..
^_do
45, 625
52,112
Concrete pavement awards:
Total
.thous. sq. yds. . 125, 580 119, 108
Airports
. do ,
4,410
4,187
86, 779
87, 834
Streets and alleys
do
29, 016
23, 643
Miscellaneous
do ._
5,376
3,443
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total, incl. farm (private and public)
thous.. 1, 542. 7 1,251.9
One-family structures
do
963 fl
794.7
Privately owned .
do
1 505 0 1,220.2
1,902
3, 230
1,937
2,916
2,020
2,778
1,568
2,754
1,379
2,724
1,607
2, 499
1,357
2, 104
1,287
1,903
1,113
1,725
1,188
2,112
1,509
2,916
1,498
2, 891
3,275
1,820
1,826
1,970
1,335
1,885
1,328
1,140
1,813
1,484
1,499
1,729
1,515
1,079
1,676
1,280
1,146
1,796
1,225
1,086
1, 424
1,076
961
1,358
903
928
1,175
937
726
1,430
1,056
814
1,714
1,584
1,127
1,830
1, 627
931
1,808
2, 002
1,285
4,902
2,362
3,807
5,937
4, 533
4,434
6, 940
4,940
5, 401
4, 781
3,359
4,293
Index (mo. data seas, adj.)
1957-59== 100. „
Total nonfarm (private and public) .
In metropolitan areas
Privately owned
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only) .
do
do.
do
2143
2
1, 520. 4 1,228.6
1, 067. 5
850. 7
1, 482. 7 1,196.9
do
do
New private housing units authorized bv bldg. permits (12,000 permit-issuing places) :
Seasonally adjusted at annual rates:
Total
thous
One-family structures,. ..
.
do
CONSTRUCTION COST INDEXES
Dept. of Commerce composite
...1957-59=100..
American Appraisal Co., The:
Average, 30 cities
1913-100
Atlanta
do
New York
do
San Francisco..
do
St. Louis
do
1,241
710
966
566
3,578
34, 119
1,419
23, 814
8,027
859
5,809
359,306
3
2, 255
33 42, 723
12
455
3
1 873
139.3
88.1
135.4
130.7
83.8
127.5
104.8
71.4
104.0
107.3
71.2
105.4
95.2
62.6
92.4
82.8
55.2
80.2
77.6
50.9
75.3
65.7
40.3
63.6
67.7
40.7
65.0
65.9
40.3
G4.1
97.0
'65.4
95.5
'118.3 '136.0
'76.5
91.8
'116.2 ' 133. 9
134.9
136.1
91.7
132.2
128.3
87.5
125.1
103.1
69.6
102.3
105. 2
71.8
103. 3
93.0
63.9
90.2
80.6
53.7
78.1
76.2
50.6
73.9
64.4
46.8
62.3
66.3
47.8
63.7
64.7
47.4
62.9
94.7
'65.2
93.2
'116.6 ' 133. 7
'78.0
92.9
' 114.4 '131.6
132. 9
1,318
1,287
1,285
1,261
1,088
1,068
1,107
1,084
1,075
1,050
848
826
1,012
993
1,089
1,066
1,297
1,266
1, 163
1,147
1,167
1,140
' 1,190 "1,298
' 1,173 '1,274
1,302
1,283
1,098
596
954
574
921
543
844
491
733
450
714
434
715
441
759
477
942
549
894
551
928
558
' 1,033
001
1,074
641
1,028
578
116
121
120
121
122
122
122
122
123
123
123
123
123
123
124
824
904
925
814
808
867
941
963
867
852
858
927
954
852
853
863
927
954
852
853
877
950
969
887
863
881
952
971
888
863
883
953
980
890
864
884
969
980
890
864
885
970
979
886
878
887
970
979
884
879
889
970
992
890
883
891
970
997
890
883
891
970
997
890
883
891
972
997
890
882
899
982
997
890
912
Associated General Contractors (building only)
127
123
127
1957-59=100-126
128
r
l
Revised.
Annual total includes
revisions no distribut ed to moiiths.
Compu ted
3
from cumulative valuation total.
Data cover 6 n nonths.
f Revised series. Monthly data for 1962-64 appear (m p. 40 of the May 1966 Sun VEY.
5,095
128.7
126. 8
128
128
129
129
128
129
129
129
129
130
131
9Includes dat a not sh Dwn sepa rately.
§Dat i for June, Sept ., and Dec. 19(>6 and A [ar. and June 19()7 are fo r 5 week s; other
month, 4 weeks
SUEVEY OF CURRENT BUSINESS
S-10
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
| 1966
July 196',
1966
Annual
June
May
July
1967
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. H. Boeckh and Associates, Inc.: 1
Average, 20 cities:
All tvpes combined ..
1957-59=100
Apartments, hotels, office buildings,. _do
Commercial and factory buildings
do
Residences
do
Engineering News-Record:
Building
do
Construction
do
Bu. of Public Roads— Highway construction:
Composite (avg. for year or qtr.)___ 1957-59= 100. _
117.2
118.5
117.2
115.2
122.1
123.2
122.2
120.0
121.2
122.3
121. 1
119.4
121.9
123.1
121.9
120.1
122.8
124. 1
122.9
120.9
123.1
124.3
123.2
121.0
123.3
124.5
123.4
121.2
124.0
125.1
124.2
121.8
124.7
125.6
125.0
122.2
125.1
125.9
125. 5
122.6
125.3
126.2
125.7
122.9
125.4
126.3
125. 8
123.0
125.5
126.3
125.8
123.1
125.8
126.6
126.1
123.3
127.0
127.9
127.3
124.8
118.9
127.8
123.8
134.3
123.7
133.4
124.5
135.4
124.6
136.1
125.0
136.5
125.2
136.5
125.0
136.3
125.0
136.4
124.9
136.5
125.2
137.3
125.5
137.5
125.9
137.8
125.9
137.8
127.2
139.9
1 128. 1
i 141. 1
105.7
113.0
156.3
157.6
175.9
164.2
180.5
168.5
160.2
166.9
175. 8
160.0
165.1
158.7
156. 8
139.0
161.1
155.3
186.2
169.0
155 0
189.8
187.5
168.8
211.3
196.4
166.5
250.6
175.3
142.7
226.7
185.3
166.3
258.3
171.5
158.1
233.3
188.9
153.0
102.1
99.2
12.8
133
9.4
98
13.0
127
8.8
90
10.6
124
8.5
99
11.6
119
10.4
106
497. 79
166. 66
557.09
205. 32
504. 84
219. 04
6,704
6,783
112.8
113.2
139.5
146.4
124.5
144.9
157.2
163.4
149.0
146.2
162.8
150.1
234.2
152.1
135.3
174.7
138.0
129.1
125.9
143.3
132.7
110.4
132.4
137.1
102.5
'171.3
«•r 164. 8
148. 5
164.6
145.3
167.1
13.0
151
8.9
104
9.9
122
9.1
119
8.7
135
7.0
103
12.5
203
6.6
104
10.1
157
7.1
107
10.7
135
7.7
104
16.6
152
10.3
103
14.8
162
11.0
125
16.0
160
10 9
108
16.3
166
546. 13
287. 43
515. 89
257. 14
415. 68
270. 88
368. 53
247. 50
327. 27
225. 63
379. 30
213. 88
301. 12
168. 52
388. 16
195.36
358. 98
184. 12
406. 92
231. 28
508. 04
7,342
7,226
7,175
7,249
7,084
6,935
6,340
5,800
5,175
4,782
4,421
115.6
113.7
CONSTRUCTION MATERIALS
Output index:
Composite unadjusted 9
Seasonally adjusted
1947-49—100
do
Iron and steel products unadjusted
Lumber and wood products unadj
Portland cement, unadjusted
do
do
do
REAL ESTATE
Mortgage applications for new home construction:
Applications for FHA commitments
thous. units. _
Seasonally adjusted annual rates t
do
Requests for VA appraisals
do
Seasonally adjusted annual ratesj
do
Home mortgages insured or guaranteed by —
Fed Hous Adm : Face amount
mil $ 7, 464. 59 6, 095. 32
2, 652. 23 2, 600. 53
Vet. Adm.: Face amount§
do
Federal Home Loan Banks, outstanding advances
6,935
to member institutions, end of period
mil. $.. 5,997
New mortgage loans of all savings and loan associations, estimated total
mil. $
By purpose of loan:
Home construction
do
Home purchase
do
All other purposes
do
N on farm foreclosures
Fire losses (on bldgs., contents, etc.)..
23, 847
16, 729
1,696
1,629
1,234
1,314
1,119
947
866
936
788
950
1,347
1,339
1,725
5,922
10, 697
7,228
3,604
7,748
5,377
390
773
533
340
823
466
266
643
325
272
722
320
241
572
306
208
473
266
184
423
259
189
423
324
165
365
258
205
420
325
306
571
470
312
586
441
409
111
544
number . . 116, 664
117,473
10,197
10, 844
9,731
9,959
9,615
9,676
9,713
9,208
10, 211
8,701
10, 584
mil. $_. 1, 455. 63 1, 496. 76
117.47
123. 99
124. 71
123. 84
118.71
121. 75
115.63
142. 21
159. 74
155. 08
149. 66
142. 86
143. 15
151
136
157
119
80
125
206
155
128
167
124
95
114
210
150
128
168
110
116
93
201
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas. adj.:c?
Combined index
195759 — 100
Business papers
do
IVlagazines
do
Newspapers
do
Outdoor
do
Radio (network)
do
Television (network)
do
136
121
147
108
92
109
175
148
128
159
119
91
118
194
144
132
150
120
99
124
181
Television advertising:
Network (major national networks) :
Net time costs total
mH $
1 260 3 1 411 3
Automotive incl accessories
do
99 1
106 7
Drugs and toiletries
do
409 2
429 8
234 8
Foods5 soft drinks confectionery
do
274 0
Soap cleansers etc
do
112 0
131 5
Smoking materials
do
145 4
161 4
959 g
All other
do
308 0
Spot (natl. and regional, cooperating stations):
Gross time costs, total....
mil. $_. 1, 075. 5 1, 189. 3
54 1
Automotive incl accessories
do
38 9
Foods, soft drinks confectionery
Soaps cleansers etc
Smoking materials
All other
do
do
do
do
Magazine advertising (general and natl. farm magazines) :
Cost, total
mil $
Apparel and accessories
do
Automotive, incl accessories
do
Building materials
do
Drugs and toiletries
do
Foods, soft drinks, confectionery
do
207
377
100
48
302
4
7
4
7
4
219
414
103
51
347
4
2
3
0
3
148
126
162
120
84
118
195
144
125
155
114
84
109
193
152
129
163
126
97
90
200
160
130
165
132
77
113
227
308 8
21 3
91.7
62 0
31 5
32 5
69 9
301.5
21.4
93.9
59.7
34 5
35.3
56.8
446.5
39.9
128.0
80.0
35 3
52.5
110 8
313.7
16 1
53 6
108.
1
9
6 8
12 2
96.8
270.6
11 4
50 7
89.9
26 9
12.6
79.1
314.8
13 7
58 1
108.4
23 2
13.5
97.8
403.3
29.6
122.8
87.0
37.7
48.3
77.9
110.4
6.7
11.8
3.9
12.0
10.6
93.0
2 v
9.2
3.4
12.7
10.8
71.8
1.0
6.9
2.1
9.3
9.8
67.4
7.0
5.0
1.8
8.8
7.3
108.1
11.7
8.9
3.6
11.2
10.2
125.9
7.6
16.3
3.7
13.9
12.1
126.1
6.0
13.5
2.7
15.2
12.8
101.5
4.0
7.8
1.4
13.8
10.3
68.4
1.7
7.0
1.4
8.0
7.1
89.9
4.1
10.1
2.0
11.6
10.4
106.4
6.8
10.9
3.8
11.5
11.0
110.9
8.3
10.2
4.2
13.0
8.6
7.0
Beer, wine, liquors
_.. do ..
69.3
79.2
10.0
71.5
Household equip. , supplies, furnishings. . do
80.1
4.8
Industrial materials
do
50.5
53 3
1.6
21.7
Soaps, cleansers, etc_._ ._ .. _
__ do
17.6
3.5
41.6
Smoking materials
do
39.6
38.5
Allother
.
do
365.6
411.0
l
'Revised.
Index as of Jif y 1, 1967: Building, 128.6; construction, 142.5.
^Copyrighted data; see last paragraph of headnote, p. S-l.
9 Includes data for items not shown separately.
6.3
7.5
4.6
.9
3.4
31.9
5.1
4.0
4.5
1.2
3. 1
25.0
3.6
3.1
4.0
.9
2. 8
22.9
6.3
7.9
5.1
1.8
3.6
37.8
8.4
11.1
5.9
1.7
11.0
8.5
5.6
2.5
14.1
5.0
4.5
1.4
6.6
8.6
5.9
2.5
8.1
9.3
6.3
2.5
43.9
34.7
5.1
3.5
4.1
1.7
3. 4
33.9
6.8
6.5
5.5
2.3
41.3
3.0
2.8
4.0
1.1
2. 5
29.7
38.2
39.9 '
39.1
1 076.9
64.8
111 7
30.4
115.9
133.9
1 166 7
68.1
123 5
34 5
134.4
125.4
{Revised seasonally adjusted data for 1958-64 will be shown later.
§Data include guaranteed direct loans sold.
d" Revisions for Jan. 1964-Feb. 1966 will be shown later.
112.1
5.7
10.6
3.9
13.4
9.6 j
q c
SURVEY OF CURRENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
S-ll
1967
1966
Annual
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities) :
Total
mil. lines
Classified
. . do
Display, total
do..
Automotive
..
._ ..
do
Financial..
_do_ _
General
do___
Retail
...do...
3, 164. 6
865.6
2,298.9
170.4
63.4
288.5
1,776.7
3, 354. 3
924.3
2,430.0
182.9
73.2
310.3
1, 863. 6
308.9
87.0
221.8
18.7
5.5
31.5
166.2
289.1
80.9
208.3
18.4
6.7
27.8
155.4
254.9
80.3
174.6
14.6
7.4
18.9
133.7
273.0
81.6
191.4
14.8
4.6
20.1
151.9
288.8
77.3
211.5
18.2
5.5
30.6
157.2
308.7
81.4
227.2
16.7
7.1
31.5
171.9
305.4
70.4
235.0
14.2
5.8
32.6
182.4
289.7
61.1
228.6
9.2
5.7
23.1
190.6
241.1
71.1
170.0
11.6
7.9
20.5
129.9
233.6
66.4
167.2
12.3
4.7
22.7
127.5
278.3
74.1
204.3
14.3
5.6
25.5
158.9
294.3
80.2
214.1
15.6
5.8
28.9
163.8
300.1
80.6
219.5
16.5
5.6
29.3
168.1
RETAIL TRADE
All retail stores: t
Estimated sales (unadj.), total f
283, 852
303, 672
24,763
25, 950
25, 329
25, 348
24, 864
25,923
26, 158
31, 804
22, 567
21, 648
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers
do .
do
do._.
do.__
93, 718
56, 266
53,217
3,049
97, 812
57, 414
53, 875
3,539
8,069
4,787
4,499
288
8,776
5,233
4,904
329
8,162
4,755
4,424
331
8,234
4,677
4,365
312
7,659
4,095
3,799
296
8,625
5,096
4,789
307
8,410
4,899
4,587
312
8,916
4,638
4,236
402
7,018
4,197
3,963
234
6,801
4,010
3,787
223
8,234
4,989
4,711
278
' 8, 205 ' 8, 933 i 9, 175
' 4, 955 ' 5, 421 i 5, 454
r 4, 644
5,097
'311
324
Furniture and appliance group 9
Furniture, homefurnishings stores
Household appliance, TV, radio
do
do__.
do__.
13, 737
8,538
4,223
14,978
9,089
4,905
1,129
714
348
1,229
765
392
1,239
751
423
1,315
816
418
1,311
777
442
1,332
815
426
1,391
836
453
1,712
943
622
1,136
676
380
1,101
654
375
1,192
715
401
' 1, 160
'725
'370
12, 115
9,302
2,813
12, 307
9,340
2,967
1,083
824
259
1,159
900
259
1,116
870
246
1, 155
911
244
1,082
835
247
1,077
827
250
1,012
759
253
1,014
645
369
777
574
203
741
557
184
905
684
221
'999
'738
'261
do
190, 134
do
15, 752
do
3,258
do ..
6,243
do
3,680
do
2,571
205, 860
17, 276
3,537
6,913
4,015
2,811
16, 694
1,341
262
563
285
231
17, 174
1,373
299
532
307
235
17, 167
1,253
261
492
296
204
17, 114
1,375
280
524
349
222
17,205
1,469
285
571
358
255
17,298
1,478
297
596
362
223
17, 748
1,553
325
614
383
231
22,888
2,540
586
979
638
337
15, 549
1,224
272
480
273
199
14, 847
1,042
213
422
239
168
9,335
21, 423
66,822
60,970
21, 765
10, 148
23, 431
71, 125
65, 105
23, 012
819
1,965
5,747
5,240
1,947
829
2,071
5,979
5,464
2,002
828
2,219
6,262
5,750
2,056
823
2,177
5,881
5,377
2,024
821
2,034
6,039
5,544
1,923
841
2,006
5,922
5,430
1,959
840
1,884
5, 755
5,279
1, 922
1,195
2,039
6,679
6,134
1,972
837
1,845
5,548
5,092
1,827
818
1,726
5,407
4,961
1,722
893
'851
'897
*884
1,940 ' 1, 991 2,108 1 2, 154
6,096 ' 5, 810 ' 5, 877 i 6, 179
5,596 '5,348 ' 5, 381 i 5, 688
1,901 ' 1, 940 ' 2, 054 1 2, 070
35,840
23, 421
2,581
5,320
6,305
39, 811
26,094
2,691
5,727
6,758
3,034
2,003
202
429
530
3,208
2,141
192
454
543
2,965
1,924
179
436
558
3, 259
2,110
229
465
539
3,274
2,158
218
462
551
3,375
2,221
232
467
551
3,958
2,575
341
524
587
6,111
4,025
350
989
896
2,511
1,658
156
330
514
2,400
1,534
172
347
500
3,197
2,077
221
466
551
__
mil. $
Lumber, building, hardware group
do, __
Lumber, bldg. materials dealerscf
do
Hardware stores
_ _. do _.
Nondurable goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
do _.
do
do
do _
do
General merchandise group 9
do
Department stores
.
do
Mail order houses (dept. store mdse.) _do
Variety stores
__do
Estimated sales (seas, adj.), total f
do
25,679 '25,081 '26,644
1,121
842
279
17,445 '16,876 '17,711 U7.917
1,512 ' 1, 375 ' 1, 457 i 1, 426
277
'282
300
590
'550
581
354
'307
323
291
236
253
' 3, 049 ' 3, 331
' 2, 016 ' 2, 195
'199
208
414
469
' 541
575
24, 475
25,394
25, 362
25, 572
25, 703
25,550
25,610
25,368
25,687
25, 470
7,506
4,288
4,017
271
8,056
4,771
4,479
292
8,106
4,764
4,460
304
8, 358
4,959
4,658
301
8,394
5,034
4,725
309
8,276
4,921
4,618
303
8,143
4,761
4,445
316
8,156
4,745
4,445
300
8,200
4,604
4,298
306
7,955
4,394
4,085
309
8,150
4,602
4,291
311
' 8, 104 ' 8, 192
'4,660
4,758
' 4,
348
4,459
r
312
299
do
do._-_
1,183
734
372
1,208
746
397
1,258
771
429
1,285
782
423
1,293
777
440
1,266
766
402
1,283
775
416
1,270
741
425
1,312
792
429
1,308
780
449
1,278
755
441
' 1, 286
'791
'423
1,306
797
418
Lumber, building, hardware group . d o ._
Lumber, bldg. materials dealersd" - - do
990
752
238
1,006
769
237
1,007
764
243
1,014
769
245
975
732
243
971
724
247
986
737
249
997
747
250
1,062
803
259
1,058
801
257
1,049
794
255
' 1, 048
' 779
'269
1,007
748
259
do
do
do
.do
do
do
16,969
1,406
283
578
313
232
17, 338
1,460
295
583
341
241
17,256
1,464
301
584
351
228
17,214
1,499
327
582
359
231
17,309
1,472
313
579
349
231
17,274
1,466
294
589
351
232
17, 467
1,463
303
573
345
242
17, 212
1,386
282
536
335
233
17, 487
1,514
317
587
360
250
17, 515
1,476
304
576
357
239
17, 589
1,443
315
557
343
228
17, 814
'1,585
'333
'614
'384
254
17, 788
1,508
320
591
346
251
Drug and proprietary stores
do
Food group..
Grocery stores
Gasoline service stations . .
do ..
do .
do
831
1,910
5,931
5,431
1,920
848
1,967
5,975
5,472
1,927
844
1,996
5, 924
5,436
1,918
837
1,975
5,920
5, 426
1,906
860
1,975
5,947
5,446
1,931
859
1,974
5,949
5,452
1,926
876
1,979
5, 921
5,437
1,939
892
2.019
5, 861
5,376
1,915
877
2,036
5,911
5,417
1,931
883
2,026
5,942
5,452
1,968
889
2,046
6,041
5,535
1,964
'906
' 2, 034
' 5, 985
' 5, 513
'1,992
906
2,053
5,984
5,496
2,016
3,213
2,113
216
467
560
3,355
2,214
219
487
572
3,365
2,201
234
481
549
3,332
2,182
219
480
551
3,341
2,189
222
486
567
3,354
2,195
229
484
561
3,476
2,273
238
503
570
3,311
2,162
216
475
564
3,419
2,244
220
486
591
3,361
2,191
230
472
595
3,327
2,200
223
448
584
' 3, 479
' 2, 278
'230
520
'609
3,477
2,284
215
503
601
Furniture and appliance group 9
Furniture, homefurnishings stores
Nondurable goods stores 9 .
Apparel group
.
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoestores
_.
General merchandise group 9 . .
Department stores
Mail order houses (dept. store mdse.)
Variety stores
do
do
do
do
Estimated inventories, end of year or month: t
Book value (unadjusted), total t
mil. $_.
Durable goods stores 9
do
Automotive group
do....
Furniture and appliance group
do
Lumber, building, hardware group, .do..—
Nondurable goods stores 9
Apparel group
Food group
General merchandise group
Department stores
do
do
do
do
do
i 3, 422
2, 278
1
25,739 '25,918 '25,980 126,050
33, 435
14, 737
7,070
2,390
2,386
35, 846
16, 144
7,938
2,512
2,401
36, 561
16,940
8,414
2,622
2,592
36, 467
16, 967
8,420
2,623
2,567
36, 155
16, 690
8,074
2,635
2,499
35, 280
15,295
6,669
2,636
2,492
35, 628
15,015
6,422
2,698
2,455
37, 193
15, 760
7,035
2,759
2,489
38, 171
16, 384
7,615
2,775
2,492
35, 846
16, 144
7, 938
2,512
2,401
35, 856
16, 574
8,160
2,515
2,444
36, 349
16,681
8,255
2,518
2,410
37, 108
16, 855
8,221
2,548
2,471
37, 199
16,826
8,105
2,599
2,514
36, 935
16, 695
7,966
2,606
2,527
.18, 698
3,811
4,066
5,882
3,519
19, 702
4,102
4,201
6,425
3,919
19, 621
4,056
4,047
6,505
3,897
19, 500
3,953
4,095
6,456
3,855
19, 465
3,984
4,090
6,472
3,887
19, 985
4,245
4,114
6,680
4,019
20, 613
4,449
4,202
7,027
4,271
21, 433
4,575
4,310
7,523
4,608
21, 787
4,649
4,258
7,671
4,760
19, 702
4,102
4,201
6,425
3,919
19, 282
3,977
4,164
6,309
3,793
19,668
4,222
4,129
6,460
3,891
20,253
4,308
4,189
6,767
4,108
20,373
4,314
4,167
6,833
4,123
20, 240
4,270
4,149
6,816
4,120
Book value (seas, adj.), total f.
do
34, 607
36, 961 35, 927 36, 325 36, 312
Durable goods stores 9
do.".
15, 194
16, 536 16, 213 16,411 16, 330
Automotive group. __
do
7,244
8,108
7,755
7,697
7,914
Furniture and appliance group
do.I.I
2,449
2,574
2,606
2,667
2,628
Lumber, building, hardware group... do. I..
2,467
2,483
2,517
2,484
2,512
r
Revised.
1 Advance estimate.
fRevised sei ies. Dat a reflect use of n ew samp le
(effective with data for Oct. 1965^ based on definitioris and cla ssincation s of the 1963 Cens us
of Business; the 1965-66 retail inventories also reflec t incorporation of new datf i from 1& 65
Retail Trade (Census annual) and updating of seasc>nal factoips. Lates ; revised data back
to 1959 appear in the November, April, and Febru iry 1966 i ssues of tlle SUE vi:Y (refer in
27, 092
' 1, 245 i 1, 281
783
390
do
do . d o ._
do. ._
Durable goods stores 9 .
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers
1
1
1
8, 347
17, 703
36, 191 36, 355 36, 680 36, 734 36, 961 36, 924 36, 644 36, 526 36, 236 36, 263
16, 079 16,241 16, 496 16, 581 16, 536 16, 491 16,315 16, 142 16, 033 15, 904
7,536
7,719
7,949
8,171
8,108
7,867
7,672
7,515
7,409
7,315
2, 636
2,656
2,574
2,666
2,648
2,598
2,612
2,561
2,585
2,568
2,494
2,467
2,522
2,525
2,483
2,530
2,447
2,418
2,448
2,451
that or der to pi). 26, 18, and 20, r espectivtjly) ; revi sed accoiints rece vable dcita prior to Oct.
1965 an3 not ava ilable. 2omplet<} details for retail sales apj>ear in th e Month ly Retai1 Trade
Report , Jan. 1966 and s ubsequerit issues, availab e from t le Buresm of the Census, Wash,
D.C. 1J0233. 9 Include 3 data nc>t shown separate ly. tfC omprise s lumber yards, I uilding
materLils dealei s, and p aint, plu mbing, a nd electi•ical stor 2S.
SUEVEY OF CURRENT BUSINESS
S-12
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
July 1967
1966
1966
Annual
May
July
June
Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail storest— Continued
Estimated inventories, end of yr. or mo. f— Con.
Book value (seas, adj.) —Continued
Nondurable goods stores 9
mil. $
Apparel group
do
Food group
..do
General merchandise group
do
Department stores
do
19,413
4,033
4,086
6 340
3,772
20, 425
4,318
4,209
6,909
4,200
19, 714
4,118
4,023
6,585
3,940
19,914
4,144
4,099
6,690
4,041
19, 982
4,194
4,148
6,681
4,062
20, 112
4,186
4,207
6,708
4,060
20,114
4,174
4,219
6,721
4,079
20, 184
4,186
4,230
6,753
4,074
20, 153
4,230
4,150
6,745
4,111
20, 425
4,318
4,209
6,909
4,200
20,433
4,343
4,248
6,951
4,240
20, 329
4,389
4,162
6,832
4,162
20, 384
4,369
4,156
6,895
4,179
20,203
4,288
4,114
6,817
4,115
20, 359
4,335
4,149
6,900
4,174
Firms with 11 or more stores:!
Estimated sales (unadj ) total 9 f
do
73, 356
80, 323
6,291
6,608
6,511
6,565
6,759
6,804
7,190
9,940
5,695
5,550
6,855
6,500
6,839
do
4,445
557
1 656
1,168
4,770
573
1 779
1,269
373
42
145
102
388
48
144
107
324
39
123
87
377
40
141
97
401
44
145
116
409
51
155
100
444
57
166
108
722
99
266
169
306
43
106
85
271
31
102
76
430
45
152
133
371
43
140
101
404
47
152
111
do
do
2,300
1,891
1 193
2,663
2,222
1 276
206
187
100
217
197
107
216
196
108
212
189
111
214
189
109
219
189
115
229
184
117
380
203
136
217
193
90
221
185
89
250
206
103
229
202
104
243
214
115
do
--do
do
26, 112
17,593
28. 988
19, 653
CQQ
2,220
1,516
04-1
2,361
1,629
363
2,168
1,474
342
2,383
1,605
371
2,388
1,632
371
2,468
1,687
377
2,886
1,947
429
4,440
2,987
809
1,822
1,256
266
1,720
1,146
278
2, 324
1,561
383
2, 237
1,533
341
2,432
1,667
388
Grocery stores
.
do
Lumber yards, bldg. materials dealers cf- -do
Tire, battery, accessory dealers.
do
27, 627
29,906
2,336
2,441
2,630
2,414
2,582
2,513
2,437
2,949
2,330
2,334
2,686
2,516
2,498
175
97
93
116
127
133
6,852
6,993
6,948
Apparel group 9
W
' n nrpl nccps^orv stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
General merchandise group 9
Dept. stores, excl. mail order sales
Variety stores
do
-. do
1,312
4
1,472
124
134
137
116
120
123
126
do
6,536
6,702
6,664
6,729
6,762
6,871
6,856
6,700
6,885
6,907
Apparel group 9
Men's and boys' wear stores
Women's apparel, accessory stores..
^hoe stores
do
do
do
do
382
43
146
102
402
48
149
108
386
47
144
103
405
51
147
103
395
50
144
104
406
49
155
106
406
49
151
112
397
48
141
109
421
52
154
112
418
46
160
109
372
47
138
98
438
50
165
121
407
47
151
109
Drug and proprietary stores
Eating and drinking places
Furniture and appliance group
do ...
do
do
215
181
224
187
222
182
223
175
225
183
227
185
237
191
242
206
240
213
254
214
253
209
245
205
252
209
General rnerchindi^e group 9
do
2,336
1,576
370
2,430
1,652
385
2,425
1,643
377
2,417
1,650
380
2,444
1,665
388
2,495
1,664
390
2,552
1,725
411
2,403
1,638
388
2,513
1,730
402
2,471
1,685
387
2,449
1,671
369
2,528
1,683
420
2,482
1,710
417
2,449
2,491
2,517
2,544
2,519
2,549
2,518
2,489
2,492
2,548
2,556
2, 583
2,575
123
128
124
127
131
135
127
123
Estimated sales (seas adj ) total 9 1
r
Va ietv stores
do
Grocery stores
-do
Lumber yards, bldg. material? dealerscf —do. . Tire battery acces^orv dealers
do
All retail stores, accounts receivable, end of yr. or mo.:
Tot'il (unadjusted^ t
mil. $.
Durable goods stores
do
Nondurable goods stores
d'">
Charge accounts
do
Installment accounts
- - -.do
1 otal (seasonally adjusted}!
Durab'c goods stores
Nondurable goods stores
Charge account's
- -Installment accounts
~ . ,.--do
do . _
„ . do .. do —
-do —
117
121
124
117
122
18, 193
7. 120
11,073
8, 269
9,924
18, 986
7, 212
11,774
8.164
10, 822
17, 520
6,894
10,626
8,058
9,462
17, 774
7,163
10,611
8,236
9,538
17,332
6,947
10, 385
7,847
9,485
17, 480
7,059
10,421
7,883
9,597
17, 420
6,975
10, 445
7.739
9,681
17, 546
6, 991
10,555
7,855
9,691
17,816
6. 981
10 835
7.970
9,846
18, 986
7,212
11, 774
8,164
10, 822
18,167
6,954
17, 538
6, 751
7,630
10,537
7, 338
10S 200
17,034
6,916
10, 118
7, 833
9,201
17, 767
6 987
10, 780
7,730
10, 037
17, 483
6,942
10,541
7,900
9, 583
17,722
7, 002
10, 720
8, 151
9. 571
17, 482
6, 778
10, 702
7,864
9,618
17,695
6, 8C7
10, 828
7, 960
9,735
17, 592
6,817
10, 775
7,818
9,774
17, 578
6, 775
10, 803
7,807
9,771
17, 744
rt. 905
10. 839
7 V 834
9,910
17, 767
6,987
10, 780
7,730
10, 037
17,849
7, 124
10,725
7, 690
10,159
18, 007
7, 144
10, 863
7,721
10, 286
17,656 r 17, 814 17, 968
6, 766 : r 6,875
6,932
, r 10, 939 11,036
7,518 r 7, 789
7,994
10, 138 i r 10,025
9,974
18, 159
r
18,211 17,889
r
6,962
7, 181
11, 030 , r 11,030 ; 10,927
7,804 r 7, 920 7,808 j
10; 355 •r 10, 291 10,081
-
EMPLOYMENT AND POPULATION
:
j
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
3
Total, incl. armed forces overseas
miL,. ' 11/4. 59 "196.92
190. f 3 ' 196. 73 f 196, 92 '197.11 '197.32 r 197. 54 ' 197. 74 '197.93
EMPLOYMENT
Noninstitutional population, est. number 16 years
of age and over, total, unadj®
_~ mil.
Total labor force, incl. armed forces®
Civilian labor force, total .
Employed, to^ul
Agricultural employment
Nonagricultural ernp^o\inwit
Unemployed (all civilian workers)
Percent of civilian labor force
Not in later force©
Civilian labor force seasonally adj®
Errploved totfl
Agriculturol employment
Noiififricultuial employment
UneniT ^oved (all civilianc workers)
Long-tew (15 week and over)
r
198. 43 ' 198. 61 '198.76
198. 94
129. 24
131. 18
130. 92
131. 08
131. 24
131.42
131. 59
131.77
131 95
132. 12
132. 30
132. 45
132.63
132. 80
132. 97
133. 17
thous. _
77, 178
78, 893
78,459
80, 727
80, 838
80, 665
78,982
79, 488
79S 895
79, 642
78, 706
79, 107
78, 949
79, 560
79, 551
82, 464
_do
do
do
do
74, 455
71,088
4,361
66r 726
75, 770
72, 895
3,979
68,915
75, 41 4 77, 628 77, 703 77,487
72, 620 74, 038 74, 655 74, 666
4,704
4,580 4,308
4,097
68, 523 69,333 70, 076 70, 359
75, 753
73, 248
4, 186
69, 063
76, 209
73, 744
4,114
69, 630
76, 573
73,995
3,814
70, 180
76,252
73, 599
3,360
70, 239
75, 320
72, 160
3,335
68, 826
75, 689
72, 506
3,281
69, 225
75, 513
72,560
3,410
69} 149
76, 111
73, 445
3,721
69, 724
76,095
73,637
3,825
69, 812
79, 020
75, 391
4,395
70, 996
3,366
765
4.5
52,058
2.875
536
3.8
52, 288
2,794
602
3.7
52, 466
75, 149
2,466
2,577
2,653
440
3.5
52, 479
76, 764
3,160
515
4.2
53, 589
77, 087
3,183
506
4.2
53, 341
77, 025
2, 954
560
3.9
53, 678
76, 523
2,666
576
3.5
53, 234
76, 740
2,457
464
3.2
53, 419
76, 189
3,628
426
4.6
50, 704
77, 237
73, 897 73, 893
3,892
4,011
70,005 69, 882
2,715 2, 871
496
484
74,255
4,016
70, 240
2,832
485
74, 137
3,890
70, 247
2, 888
439
73, 747
3, 855
69, 892
2,776
436
73, 910
3,890
70, 020
2,830
436
73, 289
3, 652
69, 637
2,900
414
74, 147
3,727
70, 420
3,090
444
do .
thous. do
do
do
do
do
do
3,591
3,048
2,821
2,505
4.6
50, 356
75, 668
3.9
50,397
75, 770
3.6
50,755
76, 069
3.3
52, 609
76, 039
3.2
3.4
52, 285 52, 054
76, 081 76,612
72, 846 73, 141
3,926 3,935
68,920 69, 206
2,928
2,924
462
446
73, 195
3,886
69, 309
2,844
493
73,199
3,779
69,420
2,882
517 i
72, 253 72, 730
3,902 3,981
68,351 68,749
2.896 2,938
486
'538
Rates: f
3.9
3.9
3.9
3.8
4.5
All civilian workers .
._
2.6
2.5
2.4
2.6
3,2
Men, 20 years of age and over.,
3.7
3.9
38
3.8
4.5
Women, 20 jears of age and over
_.
13.1
13.7
12.7
13.0
14.8
Both sexes, 16--19 years of age _ _ _
r
Revifcd.
i As of July 1.
fSee corresponding note on p. S-ll.
9 Includes data not shown separately.
pi innbing, a nd electr ical
\
cTComprises lumber yards, building materials dealers. and 3aint,
stores.
Unemployed in each group as percent of that g roup.
©Effective Feb. 1967 SURVEY, data reflect revise d seasona 1 factors and chan *es in co ^erage. sample, and definition as follows: For all period s— data c()ver perso ns 16 years of age and
198. 11 '198. 23
4.0
3.8
3.7
3.7
3.6
3.7
3.7
3.5
3,8
3.8
3.7
2.6
2.4
2.3
2.2
2.3
2.2
2.4
2.4
2.4
2.5
2.4
4.3
3.9
4.0
4.1
4.1
4.3
3.9
3.4
40
3.9
3.8
12.6
13.1
13.2
11.6
10.7
11.0
11.4 ! 12.2
12.7
12.9
12.5
over ( eliminat ing abou t, a milJic>n persor s previo usly cove?rcd); be ginning 1 an. 1967-—sample
for emp loyment and un^nitions
idc
in
dt
aneos
in
list-hold^
)
and
ch
52
500
ho
expan dcd (to
einplc yment ( data are reasonab ly compa rable wi h earlier estimate s) ; see F eb. and INlar. 1967
.jABOR
F ORCE, U. 3. GPO,
ON
THE
1
REPORT
lONTHLY
GS
AND
A
BLS1EMPLOYAIENT ANI> EARNLN
Washi ngton, 1).C. 2040 2.
SURVEY OF CURRENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
| 1966
1966
May
Annual
S-13
June
July
Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June i
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):f
Total, unadjusted!
thous..
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 puMic utilities 9
do
Railroad transportation . . . _ _ „ _ _ . do.
Local and interurban passenger transit __ do
Motor freight trans, and storage
Air transportation . _
,_ _
Telephone communication
Electric, gas, and sanitary services
do
do
do
.do
60, 770
63, 864
63, 465
64,563
64, 274
64, 48-1
64, 867
65,190
65,389
65, 904
64,334
64,286
64, 628 '64, 987
65, 354
66,141
18, 032
10,386
7,645
19,081
11,186
7,896
18,906
11,130
7,776
19, 258
11,319
7,939
19, 123
11,213
7,910
19, 391
11,249
8,142
19, 533
11,434
3, 099
19. 538
11,4.70
8, 068
19, 522
11,480
8, 042
1 9, 430
11.446
7,984
19, 233
11,347
7,886
19, 196
11, 320
7,876
19,161 '19, 077 '19, 028
11,289 '1 1,226 '11, 208
7,872
7, 851 ' 7, 820
7, 903
632
84
142
288
628
86
139
283
630
85
141
281
645
88
142
288
645
88
140
290
649
89
142
290
637
87
143
231
031
86
144
277
628
86
143
277
625
86
143
279
614
86
143
275
609
87
143
269
610
87
142
268
3 181
4,033
735
268
3,281
4,137
717
265
3,277
4,115
715
268
3,521
4,180
728
255
3,623
4,171
730
247
3,641
4, 1.34
728
246
3, 525
4,218
721
26-i
3,449
4, 108
716
268
3 310
4, 208
712
268
3,128
4,200
715
271
2,925
4, 162
698
272
2,841
4,153
694
271
2,896
4,168
692
272
963
230
735
625
1,008
248
773
635
990
254
762
628
1,026
260
778
644
1,031
216
792
652
1,031
202
796
653
1, 046
262
786
641
1 , 016
264
785
633
1,045
266
790
632
1,031
269
791
633
1,000
274
793
633
994
278
797
633
1,000
282
801
634
'619
88
139
270
632
' 3, 079 ' 3, 184
' 4, 148 '4,221
696
694
270
270
3,366
4,274
'617
87
••140
272
'960
286
802
635
1,023
290
803
636
Wholesale and retail trade . _
Wholesale trade
Retail trade.. ... . _ .. ..
Finance, insurance, and real estate
Services and miscellaneous
Government
do
. do._.
do
do
do
do
12, 683
3,317
9,366
3,019
9,098
10, 091
13, 220
3,459
9,761
3, 086
9,582
10, 850
13, 061
3,400
9,661
3,070
9,572
10, 834
13, 239
3,473
9,766
3,112
9,702
10, 906
13,225
3,511
9,714
3,148
9, 782
10,557
13, 224
3, 521
9, 703
3, 146
9, 772
10, 507
13,253
3, 498
9, 755
3, 109
9, 707
10,S85
13.385
3, 521
9,864
3, 099
9. 751
11,139
13, 599
3, 533
10, 066
3, 098
9,739
11,285
14,241
3, 554
10, 887
3,105
9,733
11,442
13, 322
3, 509
9,813
3,095
9, 672
11,311
13, 205
3,496
9,709
3,114
9,750
11, 418
13,317 '13,394 '13, 480
3,504 '3,517 ' 3, 519
9,813 '9,877 ' 9, 961
3,137 ' 3, 160 ' 3, 178
9,841 '9,985 '10, 085
11,498 '11,527 11,559
13, 620
3,569
10, 051
3, 223
10, 201
11,586
Total, seasonally adjustedt
Manufacturing establishments
Durable goods industries
Ordnance and accessories
Lumber and wood products
Furniture and
fixtures
_
Stone, clay, and glass products
Primary metal industries
do
do
do
do
do__.
do
do
do
60, 770
18, 032
10, 386
226
610
429
627
1,296
63, 864
19, 081
11,186
256
692
456
641
1,326
63, 517
19, 002
11,122
253
623
456
643
1,315
63, 983
19, 167
11,220
257
628
458
641
1,333
64, 072
19, 128
11,210
257
622
456
643
1,338
64,199
19, 262
11,324
260
621
462
637
1,351
34, 168
19, 204
11,322
262
609
459
633
1, 341
64, 466
19,312
11,387
265
607
460
633
1,351
64, 823
19, 415
11,424
269
607
463
636
1,351
65, 076
19,445
11,439
269
605
465
638
1,343
65, 381
19, 468
11,445
276
620
460
642
1,341
65, 497
19, 402
11, 408
281
614
459
638
1,322
65,600 '65, 476 65,412
19, 355 '19, 224 '19, 124
11,375 '11,250 '11,200
283
'285
285
617
'593
'602
454
'449
'450
637
619
'625
1,306 ' 1, 280 M.275
65, 565
19, 153
11,180
288
592
448
620
1,271
Fabricated metal products
do
Machinery
do
Electrical equipment and supplies . _ _ d o
1,268
1,726
1,658
1,352
1,868
1,893
1,341
1,846
1,877
1,348
1,865
1,904
1,346
1,888
1,903
1,360
1,901
1,948
1,357
1,903
1,941
1,365
1,912
1,962
1,378
1,917
1,959
1,379
1,933
1,959
1,380
1,941
1,964
1,374
1,935
1,967
1,372
1,932
1,954
r
'1,924
'1,348
'1,919
'1,909
1, 354
1,922
1,868
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
1,738
387
421
1,906
426
440
1,901
424
443
1,915
428
443
1,888
430
139
1,910
431
443
1,945
432
440
1,951
439
442
1,960
439
445
1,958
444
446
1.927
446
448
1,928
448
442
1,930
450
440
'1,914
449
440
'1,917
'447
439
1,929
448
440
7.896
7,645
7,880
7,947
Nondurable goods industries
do
7,918
1. 761
1,752
1,748
1,760
Food and kindred products
do
1, 763
84
87
85
86
Tobacco manufactures
_. _ _ . do
85
951
952
921
957
Textile mill products
do
955
1,396
1,354
1,412
1,424
Apparel and related products
do
1,388
671
665
640
674
Paper and allied products
do
679
1,026
1,018
981
1,026
Printing, publishing, and allied ind..do
1,031
954
906
945
961
Chemicals and allied products
do
963
183
183
182
183
Petroleum refining and related ind ..do
186
513
472
508
515
Rubber and misc. plastics products,. do
518
357
364
351
361
Leather and leather products
do
350
632
628
628
Mining . . .
do
632
636
3,181
3,281
3, 238
Contract construction
. .
do
3,300
3,297
4,033
4, 137
4,132
Transportation and public utilities
do
4, 143
4, 122
13.220 13. 164 13,217 13,256
12, 683
Wholesale and retail trade
do
3 086
3,019
3,076
Finance, insurance, and real estate . .
do
3,090
3, 095
9, 582
9,098
9, 515
Services and miscellaneous
do
9, 549
9, 609
Government.
.
_ _ _ _ _
do
* 0.8 50 10, 762 10, 885 10, 929
10, 091
Production workers on mfg. payrolls, unadjusted:!
Total, unadjusted t . .
thous
13,413
14,199 14,074 14,351 14. 150
14,154 14,281
Seasonally adjusted
do
8, 277
7.. 702
8.301
8.419
Durable goods industries, unadjusted- .do
8, 261
8, 328
8', 293
Seasonally adjusted
do
Civ}
117
120
119
Ordnance and accessories .
do
548
:,35
544
568
574
Lumber and wood products
do
356
373
374
378
380
Furniture andfixtures.
do
521
504
515
533
530
Stone, clay, and glass products
do
1,080
1 , 085
1,058
1. JO?
Primary metal industries
do. ..
1,108
473
477
467
490
487
Blast furnaces, steel and rolling mills do
1,046
982
1,052
1,035
1,061
Fabricated metal products
do
1,309
1,208
1,314
Machinery
do
1,326
1 424
1,291
1,302
1,140
1,316
1,322
Electrical equipment and supplies, .do
1,365
1,299
1.355
1,238
1,363
Transportation equipment 9
... .do
692
671
609
660
686
Motor vehicles and equipment
do
357
435
452
448
Aircraft and parts
do
438
271
247
275
274
277
Instruments and related products. . _ .do
337
351
344
352
Miscellaneous mfg. industries. __
do
358
5,797
5,882
5,711
5, 898
5,932
Nondurable goods industries, unadj.. .do. . .
5,893
5, 908
5,953
Seasonally adjusted
do
1,093
1,155
1,152
1, .'00
Food arid kindred products. _ _
do.
1.166
62
62
75
71
63
Tobacco manufactures
do
823
850
844
Textile mill products
do
862
848
1,242
1 , 205
1,198
1 . 240
Apparel and related products
.do....
1,258
515
498
528
Paper and allied products..
do
522
530
646
622
653
Printing, publishing, and allied ind-.do. _
652
653
570
578
545
570
Chemicals and allied products
_ . . do
580
114
118
112
114
Petroleum refining and related ind.. .do......
117
Petroleum refining
do
88
90
88
89
90
Rubber and rnisc plastics products, do
367
393
395
400
400
Leather and leather products
do..
308
312
313
306
318
r
Revised.
" Preliminary,
t Beginning in the Sept. 1966 issue of the SURVEY, data for 2inploymc nt, hour s, earnin PS,
and labor turnover reflect adjustment to Mar. 1965 :>enchmar ks; they zire not si rictly co inpar-able w i f h previously published figures. Details of the at justment appear n the B LS
Sept. 1966 Employment and Earnings report; comp arable ear lier data appear iii BLS B ul-
7, 938
1,765
80
957
1,395
677
1,035
968
184
520
357
636
3, 251
4,105
13, 264
3, 100
9,647
10, 934
7,882
1,737
79
952
1,390
670
1, 035
965
182
517
355
628
3,228
4, 168
13,268
3, 100
9,649
10,923
7,991
7, 925
1,781
1,750
87
78
950
950
J , 406
1,403
682
676
1.044
1,039
974
969
183
182
529
523
355
355
624
625
3, 204
3, 202
4, 165
4 195
13,340 13,393
3, HO
3.102
9,77s
9,712
1 1 . 008 11.104
8, 006
1,781
86
951
1,409
683
1,049
976
183
534
354
626
3,293
4, 196
13,392
3 1'21
9, 821
11, 182
8,023
1,780
89
951
1,415
683
1, 056
981
182
533
353
628
3,301
4,230
13, 503
3,129
9,869
11,253
7,994
1,781
84
942
1,399
686
1,060
981
182
530
349
626
3,350
4,225
13, 524
3,142
9,919
11,309
7,980
7,973
7,974 '7,924
1,787 '1,776 '1,778
1,784
85
87
87
86
'930
941
937
'935
1,380
1, 402
1,389 '1,394
688
683
692
'685
1,068
1,073
1,067 '1,067
978
980
986
'979
182
182
181
182
485
528
'477
527
344
'346
345
348
'617
620
627
'623
3,155
3,321 ' 3, 251 ' 3, 146
4,223 ' 4, 186 ' 4, 238 4, 236
13, 547 '13, 584 '13, 596 13, 596
3,159 ' 3, 173 ' 3, 184
3,201
9,981 '10, 005 '10, 025 10, 040
11,387 '11,430 11,482 11, 564
14 5*1
14.3JIN, 530
N 442
129
541
3S8
517
1 , 0<S3
467
1,077
1 333
1,385
1,414
702
476
282
378
6, 051
5,908
1.244
82
854
1,263
529
664
575
115
89
415
310
14, 440
14,446
8. 482
8, 471
135
518
388
500
1 077
455
1,079
1,357
1,374
1,425
702
492
286
348
5, 958
5, 975
1,166
80
845
1,245
532
671
576
113
89
420
310
14,233
14, 453
8,372
8, 4f>2
138
509
377
438
1 , 077
455
1,063
1,363
1,361
1,382
669
488
286
330
5,861
5,991
1,117
76
835
1,233
526
666
577
111
89
416
305
14,180
14, 370
8,333
8,417
141
509
374
481
1,068
451
1,057
1,362
1,347
1,376
659
488
285
333
5,847
5,953
1,098
69
830
1,249
526
670
578
111
89
410
304
14,128 '14,030 '13, 991
14,297 '14, 162 '14, 076
8,292
8,210
8,221
8,369
8,197
8,238
143
143
142
509
518
510
371
365
366
487
492
495
1,057
1,042
1,038
449
444
445
1,048
1,042
1,043
1,364
1,347
1,356
1,324
1,272
1,290
1,370
1,366
1,354
651
643
628
492
494
493
286
282
285
344
335
340
5,836
5,809
5, 781
5, 924
5,879
5,928
1,101
1,118
1,099
63
64
65
826
832
828
1,221
1,217
1,238
52(5
526
528
675
674
675
584
580
588
115
111
113
89
89
88
405
363
406
294
293
299
do
do
do
H<
!°i
14,417
14,330
8,304
8, 395
123
570
388
533
1, 100
14, 582
14, 268
8, 501
8, 395
127
553
3S7
5'26
i , 095
477
1,058
1,071
1,332
1,325
1 366
1,345
1 , 215
1,393
519
692
458
468
279
280
367
372
6. 1 13 6, 081
5,935
5, 873
1, ?91.
1,284
H2
76
862
856
1,265
.1 , 257
534
526
658
661
584
577
118
116
89
90
409
406
312
320
H, JHO
8, .-,J7
8, 467
133
r
>3''
390
512
1, 080
462
1,084
1,333
1,380
1,424
7(18
486
284
376
6,021
5, 969
1,209
79
851
1,260
531
666
576
114
89
419
312
' 1,358
1,923
14, 159
14, 090
8,260
8, 172
146
538
369
506
1,042
1,058
1,348
1,246
1,370
496
285
352
5, 899
5, 918
1, 170
64
839
1,233
541
679
584
116
90
371
300
letin 1312-4, E nploymr nt and ] Earnings Statistic 5 for the United S tates 190 9-66 (Oc t. 1966),
$4.50, a vail a bl e from Jie Sup<jrintendf nt of D ocumenl s, Gove r nine nt Printing Office,
Washi ngton, 1),C. 2040 2
9 In .ludes d£ita for in iustries ilot show n sepal at ely.
S-14
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
| 1966
Annual
July 1967
May
June
July
Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June v
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch):
United States
thous
Wash D C metropolitan area
do
2,347
251
2,532
265
2,482
258
2,560
274
2,598
277
2,598
276
2,556
269
2,579
270
2,608
272
i 2, 736
»273
2,609
272
2,620
273
2,636
275
2,650
r
275
2,657
277
Railroad employees (class I railroads) :©
Total
do
Index seasonally adjusted
1957-59~100
652
73.4
640
72.4
639
71.6
652
72.2
655
72.7
652
73.0
643
73.1
639
73.4
636
74.4
636
74.7
623
69.3
*618
69.5
*617
*69.8
J>618
P69.9
"636
p69. 7
144.3
136.3
97.0
156.7
150.4
101.3
152.6
149.0
102.5
171.1
152.5
106.5
180.3
148.6
105.2
180.8
151.9
106.2
177.0
156.7
105.4
173.0
156.9
105.2
155. 7
156.4
102.0
150.3
155.8
103.1
139.5
152.1
100.9
129.6
149.4
97.6
135.3
150.0
98.3
' 145. 9 '154.4
' 148. 9 ' 149. 9
' 101. 6 ' 101. 1
41.2
41.3
3.6
42.0
3.9
42.1
41.6
41.3
4.0
42.3
42.0
4.4
41.0
41.0
3.8
41.6
41.8
4.1
41.4
41.4
4.0
42.0
42.1
4.3
41.5
41.5
4.2
42.3
42.3
4.6
41.4
41.3
4.1
42.2
42.2
4.5
41.3
41.3
3.9
42.1
42.1
4.2
41.3
40.9
3.7
42.1
41.7
4.1
40.8
41.0
3.4
41.5
41.8
3.7
40.1
40.3
3.2
40.7
40.9
3.4
40.3
40.4
3.2
40.9
41.0
3.3
40.2
40.5
3.1
40.8
40.9
3.2
'40.4
'40.4
3.1
'41.1
'41.0
3.3
40.5
40.2
3.3
41.1
40.8
3.5
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) t- 1957-59 =100. Manufacturing (production workers)!
do
Mining (production workers) f
do
169.5
152.4
104.3
HOURS AND EARNINGS!
Average weekly gross hours per production worker
on payrolls of nonagric. estab., unadjusted:!
All manufacturing estab., unadj.t
hours..
Seasonally adjusted
do __
Average overtime
do
Durable goods Industries
do
Seasonally adjusted
do. ._
Average overtime
do
3.9
4.3
41.5
41.5
4.0
42.3
42.2
4.4
Ordnance and accessories
- do
Lumber and wood products
do
Furniture and
fixtures
do_ __
Stone clay and glass products
__ do
Primary metal industries
do
Blast furnaces, steel and roiling mills.. do
41.9
40.8
41.5
42.0
42.1
41.0
42.3
40.8
41.4
42.0
42.1
40.7
42.3
41.7
41.4
42.3
42.4
41.2
42.2
41.2
41.8
42.5
42.4
41.3
42.1
40.9
40.7
42.0
41.6
41.1
42.0
40.9
42.2
42.4
42.1
40.9
42.4
40.7
41.8
42.2
42.4
41.2
42.3
40.7
41.9
42.2
42.0
40.5
42.7
40.0
41.4
41.8
41.9
40.2
42.7
39.9
41.5
41.6
41.6
39.5
42.4
39.9
40.1
41.2
41.8
40.6
41.5
39.5
39.7
40.5
40.9
39.7
41.6
40.1
39.7
40.9
40.9
40.0
••41.4
'40.4
'39.5
41.3
40.5
'39,6
'41.9
'40.5
'39.5
'41.5
'40.8
39.8
41.8
40.8
39.9
41.7
40.9
Fabricated metal products
Machinery
- -Electrical equipment and supplies
do
do
do
42.1
43.1
41.0
42.4
43.8
41.2
42.6
44.1
41.3
42.7
44.1
41.3
41.9
43.1
40.5
42.4
43.5
41.1
42.9
43.9
41.4
42.7
43.7
41.3
42.3
43.7
41.1
42.5
44.0
41.2
41.8
43.5
40.6
41.1
43.0
39.8
41.2
43.1
39.9
41.2
'42.8
'39.5
'41.6
'42.5
'39.9
41.5
42.5
40.0
Transportation equipment 9
Miotor vehicles and equipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg. industries
do
do
do
do
do
42.9
44.2
42.0
41.4
39.9
42.6
42.8
43.3
42.0
40.0
42.4
42.0
43.6
42.3
40.1
42.5
42.3
43.4
42.2
40.1
41.8
41.3
43.1
41.6
39.2
42.1
41.6
43.4
41.7
40.1
42.6
42.9
43.1
42.2
40.0
43.0
43.5
43.0
42.1
40.4
42.8
43.1
43.3
42.0
40.2
42.5
42.7
42.9
42.1
40.0
41.6 1
41.0
42.7
41.5
39.6
40.3
39.2
42.2
40.8
38.7
40.5
38.8
42.8
41.3
39.3
40.5
38.9
'42.7
41.1
39.3
'41.6
40.9
'42.9
'41.0
'39.4
41.3
40.1
40.2
3.2
41.1
37.9
41.8
36.4
43.1
38.6
41.9
42.2
41.8
42.0
38.2
3.4
41.2
38.8
41.9
36.4
43.4
38.8
42.1
42.4
42.1
42.0
38.6
40.3
40.3
3.4
40.9
38.3
42.2
36.5
43.6
38.8
42.2
42.7
42.7
42.1
38.6
40.5
40.3
3.5
41.2
38.5
42.6
36.7
43.7
38.9
42.2
42.8
42.1
42.0
39.2
40.3
40.1
3.5
41.9
37.6
41.5
36.3
43.5
38.8
42.0
43.0
42.4
41.3
39.0
40.5
40.2
3.5
41.5
38.1
42.1
36.9
43.6
39.0
41.9
42.1
41.5
41.9
39.1
40.3
40.2
3.7
41.8
40.1
41.9
35.7
43.7
39.1
42.1
42.8
42.0
42.3
37.8
40.3
40.2
3.6
41.3
39.2
41.6
36.6
43.5
39.1
42.1
42.4
41.7
42.2
38.1
40.2
40.2
3.4
41.3
38.5
41.4
36.4
43.5
38.9
42.2
42.4
42.4
42.0
38.4
40.1
39.9
3.3
41.3
40.5
41.1
36.2
43.3
39.1
42.1
42.1
42.1
41.9
38.8
39.6
40.0
3.0
40.8
37.8
40.6
36.1
42.8
38.5
41.5
41.4
41.4
41.3
38.7
39.2
39.5
2.9
40.3
36.0
40.1
35.7
42.3
38.3
41.2
41.8
42.1
40.5
37.5
39.4
39.6
2.9
40.5
37.4
40.2
35.9
42.6
38.6
41.7
42.4
42.5
40.8
36.9
39.3
39.7
2.9
'40.1
'38.6
40.2
35.9
42.2
38.4
41.8
'42.9
'42.8
40.7
'36.6
'39.4
'39.4
2.9
40.6
38.0
40.5
'35.9
42.4
38.3
'41.5
'42.8
'42.6
'40.9
'37.3
39.7
39.5
3.1
41.1
39.6
40.6
35.7
42.7
38.4
41.7
43.2
42.8
41.4
38.0
42.3
41.6
« 39.9
42.4
37.4
36.1
40.8
36.8
42.7
42.2
«40. 3
42.6
37.6
36.3
41.0
37.0
42.9
42.2
41.5
42.6
37.0
35.7
39.5
36.8
43.4
42.7
41.8
42.7
38.3
36.6
42.5
37.5
43.1
42.7
43.0
42.7
40.7
42.5
38.3
36.7
42.3
37.5
43.2
42.1
42.2
42.5
38.5
36.9
42.5
37.7
42.2
42.0
39.3
42.5
36.3
35.3
38.7
36.0
42.5
42.4
41.8
42.2
37.2
36.3
39.8
36.9
42.3
42.6
40.9
42.5
37.1
36.3
39.6
36.8
41.6
42.5
39.6
42.0
35.8
35.0
38.9
35.3
41.8
42.6
39.4
42.3
36.7
35.8
39.8
36.2
42.3
42.3
'39.8
'42.5
36.9
'36.0
39.4
36.5
'42.2
42.1
39.6
42.1
37.2
36.0
40.1
36.7
42.1
43.1
39.0
37.1
43.4
38.1
43.0
42.2
40.8
42.6
38.4
36.8
42.2
37.7
42.1
42.5
40.4
41.4
37.7
40.8
36.6
42.3
42.5
40.6
41.5
37.1
40.7
35.9
43.0
42.0
40.3
41.2
36.9
40.7
35.6
43.0
43.1
40.7
41.2
37.3
40.7
36.2
42.6
42.9
41.2
42.1
38.0
41.1
36.9
42.4
43.1
40.7
41.5
37.9
40.8
36.9
42.1
43.1
40.9
41.4
37.0
40.7
35.8
42.8
42.9
40.8
41.9
36.8
40.7
35.5
42.5
42.5
41.5
41.7
36.6
40.6
35.2
41.8
42.8
39.9
41.7
37.1
40.9
35.9
41.5
41.5
39.5
41.3
36.5
40.6
35.1
41.5
41.8
39.8
41.6
36.3
40.3
34.9
41.7
41.7
38.8
41.3
36.3
40.4
35.0
41.8
'38.2
'39.1
'41.3
36.2
'40.3
34.9
42.4
41.7
39.0
41.1
36.2
'40.2
'34.9
37.9
38.8
37.3
38.2
37.3
38.4
37.1
38.6
38.1
38.6
38.0
38.2
36.8
38.2
37.2
38.2
36.8
37.8
36.9
38.1
36.7
37.6
36.6
36.7
36.7
37.2
36.5
37.5
36.5
37.3
107. 53
117. 18
131.57
88.54
87.98
110.04
133. 88
116.20
127. 58
105. 78
137. 71
108. 47
85. 39
111.92
121.67
135. 36
92.62
91.08
114. 24
138. 09
121. 69
134. 90
108. 77
141. 86
113. 40
88.80
112. 05
121. 82
134. 51
94.66
90.67
114. 63
139. 07
121.84
135. 83
108. 62
139. 07
113.79
88.62
112.74
121.82
134.20
93.94
91.96
115. 60
139. 50
121.70
135. 83
108. 62
140. 25
113.94
88.62
111.11
119.81
133. 88
93.66
89.13
113. 82
136. 86
119. 42
131. 89
106. 11
137. 94
111.90
86.24
Nondurable goods industries, unadj
- -do
Seasonally adjusted
do
Average overtime
- do _
Food and kindred products
do
Tobacco manufactures
_
do
Textile mill products
_.
do _ _
Apparel and related products
do
Paper and allied products
_ _ do
Printing, publishing, and allied ind
do
Chemicals and allied products
do
Petroleum refining and related ind
do
Petroleum refining
do
Rubber and misc plastics products
do _ _
Leather and leather products
do
Nonmanufacturing establishments:!
Mining 9
do
Mietal mining
do
Coal mining
do
Crude oetroleum and natural gas
do
Contract construction
do
General building contractors
do
Heavy construction
do
Special trade contractors
do
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage, do
Telephone communication
do
Electric gas and sanitary services
do
Wholesale' and retail trade
do
Wholesale trade
do
Retail trade
- do
Services and miscellaneous:
Hotels, tourist courts, and motels
do__ Laundries, cleaning and dyeing plants. _ _ do
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.:!
All manufacturing establishments !
dollars. .
Durable goods industries _
_ _ _ do
Ordnance and accessories
do
Lumber and wood products
do .
Furniture and
fixtures
do
Stone, clay, and glass products.
do
Primary metal industries
do
Fabricated metal products
do
Machinery
_
_ do...
Electrical equipment and supplies
do_. .
Transportation equipment
do
Instruments and related products
do
Miscellaneous mfe. industries
_ do. . .1
r
1
Revised.
* Preliminary.
« Average for 11 months.
Includes Post Office employees hired for the Christmas season; there were about 124,000
such employees in the United States in Dec. 1966.
©Effective Jan. 1965, data reflect change in definition of class I railroads (to $5 million or
42.8
41.1
39.5
38.3
36.9
40.5
35.7
111.78 113.71 113.85 113.99 114. 40 113. 42 111.48 112. 44 112. 56 '113.52 113.81
120. 54 123.94 124. 07 123.77 124. 20 122. 43 120. 47 121. 06 121. 18 '122.48 122. 89
134. 82 136. 95 136. 63 137. 92 138. 78 137. 80 134.05 133. 95 '133.31 '134.92 135. 01
98.33
91.64
90.97
91.37
93.03 ' 94. 94 ' 95. 99
92.00
94.83
94.83
94.07
92.17
89.72
93.79
90.63
90.52 ' 90. 46 ' 90. 85
92. 74
93.86
93.21
93.26
115.75 116. 05 116.47 115.79 115. 23 113.71 112. 19 113. 70 115.23 '116.62 117. 59
135.
38
'134.64
134.
97
135. 38 133. 25
138. 09 140. 77 139. 02 138. 69 137. 28 138. 36
121.26 124. 84 124.26 123. 09 124. 53 122. 47 120.42 120. 72 121.13 '123.14 122.84
133. 55 136. 53 136. 34 136.78 138. 60 137. 03 135.88 136. 20 '134.82 '134.30 134. 73
107. 68 110.12 109. 86 109. 74 110. 42 109.21 107.86 108. 13 ' 107. 84 '109.73 110. 80
139. 35 144. 84 146. 63 145. 52 144. 93 141. 44 136. 21 136. 49 137. 30 '141.86 141.25
08
112. 17 114.78 114.93 114.66 115. 78 114. 13 113.02 114.40 '114.26 '114.80 115.
92.04
91.57 '91.41
90.17
91.87
91.20
91.96
90. 45
90. 09
89. 20
88.22
more annual railway operating revenues). The index (back to 1963) has been adjusted for
comparability, whereas the number of employees has not.
Includes data for industries not shown
! See corresponding note, bottom p. S-13. 9«T~,.,^
separately.
SURVEY OF CURRENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
Annual
S-15
1967
1966
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June 5
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS!— Continued
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.f— Con.
All manufacturing establishments |— Continued
Nondurable goods industries
dollars. . 94.64
Food and kindred products _
do
99.87
Tobacco manufactures
do
79.21
Textile mill products .
do
78.17
Apparel and related products _ . - . _ do
66.61
Paper and allied products
do
114. 22
Printing, publishing, and allied ind
do
118. 12
Chemicals and allied products
do
121. 09
Petroleum refining and related ind.-_ do._
138. 42
Rubber and misc. plastics products
do
109. 62
Leather and leather products
do
71.82
Nonmanufacturing establishments:!
Mining9
..
do
123. 52
Metal mining
_ do
127. 30
Coalmining
do
137. 45
Crude petroleum and natural gas. _
do
116. 18
Contract construction.
do
138.01
General building contractors
do
128.16
Heavy construction
_
do
137. 90
Special trade contractors.
do
144. 99
Transportation and public utilities:
Local and suburban transportation
do
108. 20
Motor freighttransportationandstorage.do
130. 48
Telephone communication
_
do
109. 08
Electric, gas, and sanitary services
do
131. 24
Wholesale and retail trade
do
76.53
Wholesale trade
do
106. 49
Retail trade
_
do
66.61
Finance, insurance, and real estate:
Banking
do
79.24
Insurance carriers
do
95.86
Services and miscellaneous:
Hotels, tourist courts, and motels
do - .
51.17
Laundries cleaningand dyeingplants. .do
58.98
Average hourly gross earnings per production
worker on payrolls of nonagric. estab.:f
All manufacturing establishments f
dollars-.
2.61
Excluding overtimed"
do
2.50
Durable goods industries
do
2.79
Excluding overtimed"
do
2.67
Ordnance and accessories
do
3.14
Lumber and wood products
,do2.17
Furniture andfixtures.
do
2.12
Stone, clay, and glass products.
do
2.62
Primary metal industries
do
3.18
Blast furnaces, steel and rolling mills, .do
3.46
Fabricated metal products
do
2.76
Machinery
do
2.96
Electrical equipment and supplies. _ . do
2.58
Transportation equipment?
do
3.21
Motor vehicles and equipment ..
do
3.34
Aircraft and parts. __ do
3.14
Instruments and related productsdo
2.62
Miscellaneous mfg. industries
do
2.14
Nondurable goods industries. .
do
2.36
1
Excluding overtimed
do ""
2.27
Food and kindred products
do
2.43
Tobacco manufactures
do
2.09
Textile mill products ..
do
1.87
Apparel and related products . .
do
1.83
Paper and allied products
do.. II
2.65
Printing, publishing, and allied ind
do
3.06
Chemicals and allied products
do
2 89
Petroleum refining and related ind ... do
3.28
Petroleum refining..
do
3.47
Rubber and misc. plastics products. . do
2.61
Leather and leather products
do
1.88
Nomnanufacturing establishments :t
Mining9
do
2.92
Metal mining
do
3.06
Coalmining
. do
» 3. 45
Crude petroleum and natural gas
do
2.74
Contract construction
do
3.69
General building contractors. - do
3.55
Heavy construction
do
3.38
Special trade contractors
do
3.94
Transportation and public utilities:
Local and suburban transportation _ _ do
2.57
Motorfreighttransportationandstorage do
3.07
Telephone communication
do
2.70
Electric, gas, and sanitary services
do
3.17
Wholesale and retail trade.
do
2.03
Wholesale trade...
do""""
2.61
Retail trade
do
1.82
Services and miscellaneous:
Hotels, tourist courts, and motels..- do
1.35
Laundries, cleaning and dyeing plants... do
1.52
'Revised.
v Preliminary.
« Average for 11 ITicmths.
tSee corresponding note, bottom p. S-13.
98.49
103.82
84.97
82.12
68.80
119.35
122. 61
125. 46
144.58
111.72
74.88
98.33
103. 89
86.94
81.45
68.26
119. 03
122. 22
124. 49
145. 61
111.57
74.88
99.23
104. 24
88.55
84.35
68.63
120. 18
122. 54
125. 76
145. 95
111.30
76.05
99.14
105. 59
87.23
81.76
67.88
120. 50
121.83
126.00
147.06
110.27
74.49
99.23
103. 34
82.68
83.36
70.11
120. 77
122. 85
125. 70
142. 72
111.04
75.85
99.54
104.92
83.41
83.38
67.83
121. 92
125. 12
127. 14
146. 80
114.21
74.09
99.94
104.08
81.93
83.20
70.64
121. 37
125. 51
127. 56
145.43
113. 52
74.68
100.10
104.90
81.24
83.21
70.25
121. 37
124. 87
128. 29
146. 70
112. 98
76.03
100.25
106. 14
88.29
82.20
69 87
120. 81
125. 51
127. 98
145. 67
112.71
76.82
99.40
106.08
83.16
81.61
70.40
119. 84
123. 59
126. 16
144.90
111.51
77.79
99.18
105. 18
82.08
80.60
71.04
118. 44
123. 33
125. 25
147. 97
108. 95
76.13
100. 08
106. 52
87.52
80.80
71.80
119. 71
124.68
127. 19
150. 94
110. 16
75.65
100.22 '100.47
'106.27 107. 18
' 91. 10 '90.06
81.20
81.81
72.16 '71.80
r 119. 00 ' 119. 57
'124.03 '124.48
127.49 '126.99
r
153. 15 '153. 22
109.89 ' 107. 98
'75.40 ' 77. 21
101.63
108.50
94.25
82.42
72.11
121.27
125. 18
128. 85
155.09
109.71
78.66
130. 24
133. 77
145. 86
122. 26
145. 51
135. 76
145. 14
152.44
130. 85
132. 51
152. 31
121. 84
141.71
132. 09
137. 07
150.88
132. 80
134. 93
153.41
121. 70
146. 69
135. 05
150. 45
153. 38
131.46
135. 79
145. 70
123. 70
150. 15
137. 27
154. 07
156. 59
131. 58
134. 62
149. 33
121. 84
149. 38
138. 00
152. 34
155. 70
133. 73
136. 64
151. 00
123. 68
151. 67
140. 56
156.09
157. 88
134. 78
135. 14
156.98
123.68
152. 08
141. 70
155. 55
157. 96
131. 66
135. 24
146. 20
124. 53
143. 39
136. 26
138. 16
151. 20
133. 45
136. 53
155. 91
124. 49
148. 06
140. 84
141. 29
155.72
133. 67
136. 32
153.38
127. 08
148. 77
140.48
142. 16
156.77
131. 04
136.00
145.73
126. 42
142.84
135. 10
138. 87
150.38
132. 09
137.60
145. 39
127. 32
146. 07
138.55
138.50
153. 85
134. 51 '133.35
'137.05 135.98
'148. 45 146. 12
'129.20 127. 14
146.86 '149.17
'138.60 140. 76
139. 08 143. 16
'155.49 157.44
134. 30
112. 52
135. 15
113.27
136. 95
79.02
111.11
68.57
113. 52
133. 14
111.63
135. 14
78.60
111.11
67.64
113. 52
137. 06
113. 15
134. 72
79.45
110. 70
69.14
114. 59
136. 42
114. 12
139. 35
80.94
112.20
70.48
113. 63
136. 63
112.33
136. 54
80.73
111.38
70.11
112. 83
138. 78
114.11
137. 86
79.92
111.93
69.09
115. 56
138. 14
114.24
141. 20
79.86
112. 74
68.87
114. 75
136. 43
117. 03
140. 53
79.79
112.87
68.64
113. 28
137. 82
115.31
140. 11
80.14
114.52
69.65
112.88
132.80
112. 97
139. 18
80.30
114.09
69.15
113. 71
134. 60
114.62
141. 44
80.59
114. 05
69.10
114. 26
135. 11
111.36
139. 59
80.59
114. 74
69.30
114. 53 117.45
'121.48 135.94
'112.22 111.93
'140.42 139. 74
81.09
81.09
'115.26 '115.37
69.80 '69.80
82.21
99.32
82.21
98.69
81.18
99.06
82.43
99.80
82.21
99.32
82.14
99.70
82.81
100. 44
82.73
100.81
83.78
101. 08
85.04
100.74
85.19
102. 67
84.82
102. 12
85.56
102. 58
85.10
102. 49
53.34
61.12
52.97
61.44
52.68
62.15
53.72
61.76
53.58
60.74
53.73
61.88
55.06
62.65
54.83
61.99
55.35
62.87
55.05
62.79
55.63
62.02
55.78
63.24
55.85
64.13
56.21
64.16
2.71
2.59
2.89
2.75
3.20
2.27
2.20
2.72
3.28
3.58
2.87
3.08
2.64
3.33
3.44
3.30
2.70
2.22
2.45
2.35
2.52
2.19
1.96
1.89
2.75
3.16
2.98
3.41
3.60
2.66
1.94
2.70
2.58
2.88
2.74
3.18
2.27
2.19
2.71
3.28
3.59
2.86
3.08
2.63
3.28
3.37
3.29
2.69
2.21
2.44
2.34
2.54
2.27
1.93
1.87
2.73
3.15
2.95
3.41
3.61
2.65
1.94
2.71
2.58
2.88
2.74
3.18
2.28
2.20
2.72
3.29
3.60
2.85
3.08
2.63
3.30
3.39
3.30
2.70
2.21
2.45
2.34
2.53
2.30
1.98
1.87
2.75
3.15
2.98
3.41
3.62
2.65
1.94
2.71
2.59
2.88
2.74
3.18
2.29
2.19
2.71
3.29
3.61
2.85
3.06
2.62
3.30
3.40
3.30
2.69
2.20
2.46
2.35
2.52
2.32
1.97
1.87
2.77
3.14
3.00
3.42
3.63
2.67
1.91
2.70
2.57
2.87
2.73
3.21
2.30
2.21
2.73
3.28
3.59
2.86
3.07
2.62
3.31
3.42
3.32
2.69
2.20
2.45
2.34
2.49
2.17
1.98
1.90
2.77
3.15
3.00
3.39
3.58
2.65
1.94
2.74
2.61
2.93
2.78
3.23
2.33
2.23
2.75
3.32
3.61
2.91
3.11
2.66
3.40
3.54
3.33
2.72
2.23
2.47
2.36
2.51
2.08
1.99
1.90
2.79
3.20
3.02
3.43
3.62
2.70
1.96
2.75
2.62
2.94
2.79
3.23
2.33
2.24
2.76
3.31
3.59
2.91
3.12
2.66
3.41
3.55
3.35
2.73
2.23
2.48
2.37
2. 52
2.09
2.00
1.93
2.79
3.21
3.03
3.43
3.60
2.69
1.96
2.76
2.63
2.94
2.80
3.23
2.30
2.24
2.77
3.31
3.58
2.91
3.13
2.67
3.40
3.52
3.37
2.73
2.25
2.49
2.39
2.54
2.11
2.01
1.93
2.79
3.21
3.04
3.46
3.64
2.69
1.98
2.77
2.65
2.95
2.82
3.25
2.28
2.26
2.77
3.30
3.56
2.93
3.15
2.68
3.41
3.53
3.36
2.75
2.28
2.50
2.40
2.57
2.18
2.00
1.93
2.79
3.21
3.04
3.46
3.63
2.69
1.98
2.78
2.67
2.95
2.83
3.25
2.29
2.26
2.76
3.31
3.58
2.93
3.15
2.69
3.40
3.50
3.37
2.75
2.32
2.51
2.42
2.60
2.20
2.01
1.95
2.80
3.21
3.04
3.50
3.67
2.70
2.01
2.78
2.68
2.96
2.84
3.23
2.32
2.26
2.77
3.30
3.56
2.93
3.16
2.71
3.38
3.46
3.38
2.77
2.33
2.53
2.44
2.61
2.28
2.01
1.99
2.80
3.22
3.04
3.54
3.71
2.69
2.03
2.79
2.68
2.96
2.84
3.22
2.32
2.28
2.78
3.31
3.59
2.93
3.16
2.71
3.37
3.45
3.39
2.77
2.34
2.54
2.45
2.63
2.34
2.01
2.00
2.81
3.23
3.05
3.56
3.75
2.70
2.05
2.80
2.69
2.97
2.85
3.22
'2.35
2.29
2.79
3.29
3.56
2.94
3.15
2.73
3.39
3.49
3.39
'2.78
2.33
2.55
2.46
2.65
2.36
2.02
2.01
2.82
'3.23
3.05
3.57
3.77
2.70
2.06
'2.81
2.70
2.98
'2.87
'3.22
'2.37
'2.30
2.81
'3.30
3.58
'2.96
3.16
'2.75
'3.41
3.52
3.40
'2.80
'2.32
2.55
2.46
2.64
'2.37
2.02
2.00
r
2.82
'3.25
'3.06
'3.58
'3.78
'2.64
'2.07
3.05
3.17
•3.61
2.87
3.87
3.74
3.54
4.12
3.05
3.14
3.67
2.86
3.83
3.70
3.47
4.10
3.06
3.16
3.67
2.85
3,83
3.69
3.54
4.09
3.05
3.18
2.87
3.85
3.70
3.55
4.11
3.06
3.19
3.66
2.86
3.89
3.75
3.61
4.13
3.11
3.20
3.71
2.91
3.96
3.83
3.69
4.21
3.12
3.21
3.72
2.91
3.95
3.84
3.66
4.19
3.12
3.22
3.72
2.93
3.95
3.86
3.57
4.20
3.14
3.22
3.73
2.95
3.98
3.88
3.55
4.22
3.16
3.20
3.75
2.99
4.01
3.87
3.59
4.26
3.15
3.20
3.68
3.01
3.99
3.86
3.57
4.26
3.16
3.23
3.69
3.01
3.98
3.87
3.48
4.25
3.18
'3.24
3.73
3.04
3.98
'3.85
3.53
'4.26
3.16
3.23
3.69
3.02
'4.01
3.91
3.57
4.29
2.66
3.18
2.79
3.30
2.13
2.73
1.91
2.64
3.17
2.77
3.28
2.13
2.73
1.90
2.64
3.18
2.78
3.27
2.13
2.72
1.91
2.69
3.18
2.77
3,31
2,13
2.73 1
1.91
2.68
3.17
2.76
3.29
2.13
2.73
1.90
2.68
3.22
2.79
3.33
2.16
2.75
1.93
2.70
3.22
2.80
3.37
2.17
2.77
1.94
2.70
3.21
2.82
3.37
2.18
2.78
1.95
2.71
3.22
2.89
3.36
2.16
2.80
1.94
2.72
3.20
2.86
3.37
2.20
2.81
1.97
2.74
3.22
2.88
3.40
2.22
2.83
1.98
2.74
3.24
2.87
3.38
2.22
2.84
1.98
2.74
3.18
2.87
3.40
2.24
'2.86
2.00
2.77
3.26
2.87
3.40
2.24
2.87
2.00
1.43
1.60
1.42
1.60
1.42
1.61
1.41 !
1.60
1.41
1.59
1.46
1.62
1.48
1.64
1.49
1.64
1.50
1.65
1.50
1.67
1.52
1.69
153.58
82.66
116. 24
71.76
2.81
2.70
2.99
2.87
3.23
2.41
2.31
2.82
3.31
2.96
3.17
2.77
3.42
3.41
2.80
2.33
2.56
2.47
2.64
2.38
2.03
2.02
2.84
3.26
3.09
3.59
3.80
2.65
2.07
3.19
4.01
2.24
2.87
2.01
1.54
1.53
1.52
1.72
1.71
1.70
d"D erived b y assumi ng that overtime hours a re paid iit the ra te of tinic and o ne-half .
9 In eludes diita for in iustries rlot showii separat ely.
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
Annual
July 1967
1966
May
July
June
Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
3.752
5. 364
3.757
5.371
3.757
5.374
1 34
3. 332
5, 484
3.876
5.533
"1.36
p 171
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS!— Continued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
Common labor
$ per hr.
Skilled labor
do
Farm without board or rm 1st of mo
do
Railroad wages (average class I)
do
LABOR CONDITIONS
Help-wanted advertising, seas, adj— 1957-59= 100. _
Labor turnover in manufacturing estab.: f
Accession rate, total. .mo. rate per 100 employees. .
Seasonally adjusted
do
New hires
_ _ _
do
Separation rate total
- do
Seasonally adjusted
do
Quit
. do
Layoff
- do
Seasonally adjusted
do
Industrial disputes (strikes and lockouts):
Beginning in period:
Work stoppages
number. _
Workers involved
- - -.thous_.
In effect during month:
Work stoppages
number
Workers involved
thous._
\lan-d.avs idle during period
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
Nonfarm placements
thous
Unemployment insurance programs:
Insured unemployment, all programs©
do
State programs:
Initial claims
do
Insured unemployment weekly avg
do
Percent of covered employment:^
Unadjusted
Seasonally adjusted
Beneficiaries weekly average
thous
Benefits paid
mil. $
Federal employees, insured unemployment,
weekly average
thous
Veterans' program (UCX):
Initial claims
do
Insured unemployment, weekly avg
do
Beneficiaries, weekly average
do
Benefits paid
mil. $
Railroad program:
Applications
thous__
Insured unemployment, weekly avg- .-do
Benefits paid
mil. $
3.415
4.951
1. 14
i 3. 008
3,623
5. 207
1. 23
i 3. 106
3.567
5. 141
3.644
5.213
3,083
3. 075
3.678
5.238
1.26
3.095
3.693
5.273
3.700
5. 294
3.060
3.098
3.700
5.301
1 18
3.106
3.710
5.330
3.720
5.335
3.130
3.144
3.748
5.355
1 33
3.198
155
190
185
184
186
189
189
193
194
193
189
190
184
181
i-174
4.3
4.8
3.8
4.6
1.9
1.4
2.6
1.2
6.7
5.3
5.6
4.4
4.9
2.5
1.0
1.3
5.1
4.6
3.9
5.3
5.0
2.5
2.0
1.7
6.4
5.1
4.8
5.8
4.8
3.6
1.1
1.0
6.1
5.0
4.7
6.6
5.1
4.5
1.0
1.1
5.1
5.1
4.1
4,8
4.5
2.8
1.1
1.0
3.9
4.9
3.1
4.3
4.5
2.1
1.3
1.1
2.9
4.5
2.1
4.2
4.4
1.7
1.8
1.3
4.3
4.6
3,0
4.5
4.6
2.1
1.5
1,4
3.6
4.2
2.7
4.0
4,8
1.9
1.3
1.5
3.9
4.2
2.8
4.6
5.2
2.1
1.5
1.7
r
3.9
r
3.1
4.1
5.1
5.1
4.1
4,3
4.7
2.5
.9
1,1
4. 1
2.8
4.3
4.7
2.2
1.3
1.5
M.4
P4.4
*3,2
?4. 1
P4.5
p2,1
pl.2
pl.5
3,963
1,550
}, 200
1,800
'494
'240
430
150
420
235
440
108
380
117
390
193
320
114
150
33
275
98
325
106
430
141
440
409
535
255
23,300
25, 000
-720
'340
2,870
660
243
1,950
660
299
2,980
700
331
3,420
620
221
1,950
630
260
2,290
550
221
2,170
360
148
1,810
440
190
1,270
465
151
1,280
575
202
1,490
600
443
2,170
695
402
3,900
6,473
6, 493
568
622
549
619
619
592
513
421
440
407
460
476
507
1,419
1,123
916
841
1,001
980
802
799
955
1,313
1,631
1,654
1,603
1,423
1,197
12,047
1,328
10, 575
1,061
665
862
690
793
1,019
947
826
928
626
755
709
753
915
903
1,280
1,254
1,346
1,558
1,087
1,582
1,061
1,532
1,005
1,360
848
1,142
3.0
2.3
1,131
2,166
895
1, 771
1.9
2.1
806
126.1
1.8
2.1
702
114.4
2.1
2.4
719
113.8
2.0
2.4
791
143.1
1.6
2.2
640
106.5
1.6
2.1
589
93.7
1.9
2.2
673
114.8
2. 7
2.4
902
157.6
3.3
2.4
1,276
224.8
3.4
2.5
1,349
219.5
3.3
2.6
1,374
257.5
2.9
2.7
1,244
200.6
2.4
2.7
1,014
183.6
25
21
18
18
19
18
16
16
17
20
23
24
22
19
18
266
36
34
67.5
182
21
19
39.5
12
18
18
2.9
14
17
16
2.9
17
19
15
2.4
16
19
18
3.2
12
15
14
2.6
13
14
12
2.1
15
16
13
2.4
17
21
16
3.0
19
25
22
4.0
15
25
23
3,9
16
24
22
4.2
14
21
21
3.6
14
19
17
3.4
138
30
60.5
145
20
39.3
42
18
3.8
25
15
2.9
18
16
2.1
8
15
2.5
7
16
2.4
6
16
2.1
6
18
2.6
7
19
2.9
11
25
3.5
6
24
3.8
5
23
4.2
4
21
3.0
17
3,575
3,704
15,199 16, 034
3,781
4,360
11,418 11,674
3,830
16, 249
4,356
11, 893
3,964
17, 067
4,713
12,354
FINANCE
j
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
mil. $_
Commercial and finance co. paper, total
do
Placed through dealers
do
Placed directly (finance paper) -_
- - do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total end of period
mil $
Farm mortgage loans:
Federal land banks
do
Loans to cooperatives
do
Other loans and discounts
do
Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted: A
Total (233 SMSA's)O
bil. $
New York SMSA .
__
. . do. .
Total 232 SMSA's (except N.Y.)
do__6 other leading SMSA 'si
do
226 other SMSA's
. __.
- - do___
Federal Reserve banks, condition, end of period:
Assets, total 9 .
_ . . ...
mil. $_
Reserve bank credit outstanding, total 9 .-do
Discounts and advances
do
U.S. Government securities
do
Gold certificate reserves
do
3 392
9,058
1 903
7, 155
3,603
13, 279
3 089
10, 190
3 418
11,437
2 113
9,324
3 420
10, 769
2 090
8,679
3,369
12, 183
2 361
9,822
3,387
12, 835
2,653
10, 182
3,370
11,778
2 773
9,005
3,359
13, 045
2,977
10, 068
3,457
14.169
3,153
11,016
3, 603
13,279
3,089
10,190
3,601
14,718
3,449
11,269
8 080
9 452
8 946
9 145
9 351
9 412
9 406
9,381
9,357
9, 452
9,560
9 721
9,937
10, 103
10, 280
4 281
1 055
2,745
4 958
1, 290
3, 205
4 647
1,106
3,193
4,725
1,105
3,315
4 788
1,167
3,396
4 853
1,190
3,368
4 900
1,199
3,308
4,926
1, 219
3,236
4,938
1, 276
3,143
4,958
1,290
3,205
4,986
1, 323
3, 251
5,036
1,342
3,343
5,111
1,363
3,463
5, 175
1,337
3, 590
5,248
1,316
3,716
5 151 8
2, 138. 5
3, 013. 3
1 140.9
1, 872. 4
5 923 1
2, 502. 2
3, 420. 9
1 328 1
2, 092. 7
5 909.2
2, 513. 5
3, 395. 7
1,326.8
2, 068. 9
5, 908. 3
2, 494. 1
3, 414. 2
1, 327. 0
2, 087. 2
5,868 3
2, 394. 1
3, 474. 2
1,343 6
2, 130. 6
6, 092. 4
2, 597. 0
3, 495. 4
1, 357. 1
2, 138. 3
6, 105. 2
2, 559. 1
3, 546. 1
1, 387. 2
2, 158. 9
6, 065. 4
2, 551. 8
3, 513 6
1, 364. 9
2, 148. 7
6, 078. 5
2, 566. 6
3,511.9
1, 373. 8
2, 138. 1
6, 406. 5
2, 844. 6
3,561.9
1,405.1
2, 156. 8
6, 409. 1
2, 847. 3
3, 561. 8
1, 362. 2
2, 199. 6
6, 294. 9
2, 724. 7
3, 570. 2
1, 389. 5
2, 180. 7
6, 315. 9
2, 756. 6
3, 559. 3
1, 386. 8
2, 172. 5
6, 553. 5
«2,864.0
3, 689. 5
1, 451. 4
2, 238. 1
6,348.2
2, 734. 5
3,613.7
1,409.2
2, 204. 5
65, 371
70, 332
64, 797
66, 520
67, 574
66, 342
67, 385
67, 257
68, 376
70,332
67, 493
67, 490
67, 385
69, 015
68, 862
70, 135
43, 340
137
40, 768
13, 436
47, 192
173
44, 282
12, 674
43, 940
441
41,480
13, 092
44, 656
292
42, 169
12, 993
45, 816
877
42,380
12,890
44, 450
386
42, 518
12, 788
45, 475
773
42, 907
12, 779
45, 501
410
42, 975
12, 776
46, 281
458
43, 912
12, 667
47, 192
173
44, 282
12,674
45, 602
71
43,464
12, 678
45, 799
165
43, 971
12, 626
46, 507
42
44, 908
12, 611
47, 267
54
45, 460
12, 604
47, 799
415
46, 066
12, 608
48,268
68
46, 718
12,610
65 371
70 332
64, 797
66, 520
67, 574
66, 342
67, 385
67, 257
68, 376
70, 332
67, 493
67- 490
67, 385
69, 015
68, 862
70, 135
do
do
do ..
19 620
18 447
37, 950
20 972
19 794
40, 196
19 673
18, 119
37, 880
20, 083
18, 567
38, 258
21,354
19,155
38, 583
19, 591
17,399
38, 660
20, 887
19,538
38, 623
20, 767
19, 338
38, 759
19,987
19, 093
39, 581
20 972
19, 794
40, 196
20, 171
18,773
39, 216
19, 879
18, 916
39, 115
20, 561
19, 148
39, 013
21,353
19, 410
39, 070
20, 844
19, 634
39, 499
21, 474
19, 505
39, 934
Ratio of gold certificate reserves to FR note
liabilities
_
percent...
35.4
31,5
34.6
34.0
33.4
33.1
33.1
33.0
32.0
31. 5
32.3
32.3
32. 3
32.3
31.9
31.6
Liabilities, total 9 . . .
do
Deposits, total
Member-bank reserve balances
Federal Reserve notes in circulation
J
'Revised.
p Preliminary.
Includes adjustments not distributed by months.
§Wages as of July 1, 1967. common labor, $3.962; skilled labor, $5.560.
tSee corresponding note, bottom of p. S-13.
°As of July 1, 1967.
©Excludes persons under extended duration provisions.
d*Insured unemployment as % of average covered employment in a 12-month period.
ARevised series.
OTotal SMSA's include some cities and counties not designated as SMSA's.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los
Angeles-Long Beach.
c
9 Includes data not shown separately.
Corrected.
SUEVEY OF CURRENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
1 1966
End of year
S-17
May
June
July
Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
23, 333
23, 031
302
733
-431
23, 251
22, 862
389
611
-222
23,830
23,438
392
557
-165
24,075
23,702
373
389
-16
23,709
23,351
358
362
-4
23, 405
22, 970
435
199
236
23,362 r23, 284
23,053 r 22, 914
309
'370
134
101
r
175
269
May
June
FINANCE—Continued
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
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:©
Deposits:
Demand, adjustedcT- mil. $
Demand, total?
do
Individuals, partnerships, and corp
do
State and local Governments
do
U.S. Government
do
Domestic commercial banks
do
Time, total 9
do
Individuals, partnerships, and corp.:
Savings
do
Other time.. _
do
Loans (adjusted), total d" __
do
Conin ercial and industrial
_ ._ _
do
For purchasing or carrying securities
do...
To nonbankfinancialinstitutions. . do
Real estate loans
do
Other loans
do
Investments, total.
do
U.S. Government securities, total
do...
Notes and bonds
do
Other securities..
do
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas, adj . :t
Total loans and investments©
bil. $
LoansO
_ _
do
U.S. Government securities
_ _ do
Other securities
do
Money and interest rates: §
Bank rates on short-term business loans:
In 19 cities
percent per annum-New York City
.
do
7 other northern and eastern cities
do
11 southern and western cities
do
Discount rate (N.Y.F.R. Bank), end of year or
month
percent..
Federal intermediate credit bank loans
do
Federal land bank loans
..
do
Home mortgage rates (conventional 1st mortgages) :
New home purchase (U.S. avg.)
percent..
Existing home purchase (U.S. avg.)
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
do
Commercial paper (prime, 4-6 months) do
Finance Co. paper placed directly, 3-6 mo-do.-.
Stock Exchange call loans, going rate. __do.
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent..
3-5 year issues.
... .
do
Savings deposits, balance to credit of depositors:
N.Y. State savings banks, end of period . mil.$
U.S. postal savings 1
do
i 22, 719 * 23, 830 22, 487
i 22,1 267 i 23,1 438 22, 117
392
452
370
722
i1 454 1 *557
—352
—2
—165
22, 534
22, 212
322
674
-352
23, 090
22, 686
404
766
-362
22, 655
22,317
338
728
-390
23, 240
22, 842
398
766
-368
23, 512
23,093
419
123
296
75, 901
110,201
81, 070
5,854
4 059
12, 399
85 298
75 120 71,914 71, 424 70, 784 71, 358 71, 189 72, 609 73, 134 75, 120 73, 703 72, 600 72, 841 71, 484 ' 72, 891 73, 174
114 765 109, 492 109, 039 105, 648 104, 648 104, 851 107, 531 108, 956 114, 765 111, 768 109, 635 106, 592 110, 455 '111,495 109, 403
83, 108 77, 590 75, 955 76, 037 76, 720 76, 248 77, 640 79, 482 83, 108 79, 215 79, 254 77, 469 77, 831 '79,782 79, 244
6,624
6,137
6,310
6,771
6,310
5,706
5,748
5,937
6,229
5,996
6,172
6,249
5,920
6 137
6 538
3,463
2,782
3,882
4,515
2,944
3,355
3,180
6,150
4 313
3 752
2,705
5 032
7 767
3 882
3 103
13 838 12 686 11 857 12, 266 12, 058 11,710 12, 692 13, 077 13, 838 13, 481 13, 236 12, 462 12, 927 13, 490 12 701
89 639 90 152 90 397 91 168 91 398 90, 523 88, 879 88, 527 89, 639 92, 985 94, 240 96 133 96, 569 r 97 829 98 848
50 694
22 111
125 789
53, 113
6,633
11,187
25 577
34 917
52 811
26,638
21
591
9
6 173
47 213 48 540 48 526 47 500 47 342 47 351 47, 076 47 038 47 213 46 459 46 609 47 098 46 970 47 285 47 739
29 002 28 295 9g 711 30 649 30 882 30, 327 29, 220 28, 967 29, 002 32 425 33 024 34 039 33 769 r34 707 35 114
134 761 130 800 133 125 132 563 131 426 132, 202 132, 176 131, 741 134, 761 133 268 132 359 133 027 134 237 rl33 108 136 045
60 779 56 416 58 279 59 039 58, 306 59, 440 59, 723 60, 042 60, 779 60 385 60, 730 61 962 ' 62, 648 61 836 63 793
5,708
5, 826
5,339
6,691
6,501
6,901
6 145
7,419
6,799
6 975
6 642
6 302
6 691
6 979
6 049
9 723
9 942
9 612
11 228 11 249 11 946 11 347 10 457 10, 825 10, 645 10 349 11 228 10 280
9 634 10 256
97 492 26 481 26 701 26 939 27 207 27 403 27 517 27 561 27 492 27 290 27 168 27 131 27 087 r 27 296 27 542
34 729 35 877 35 329 34 605 35 321 34 4*^4 34 042 34 657 34* 729 34 235 33 808 33 852 r 34 068 r34 510 35 243
51 50? 50 026 50 353 49 882 50 966 50 719 49 670 49 915 51 502 53 163 54 147 56 038 56 033 r56 269 55 789
24 803 23 006 22 531 22 340 23 527 23 180 22 863 23 491 24' 803 25 758 25 629 26 770 25 326 25 398 24 126
19 816 19 535 19 662 19 639 19 296 19 081 18 991 19 637 19 816 20 246 21 058 91 940 21 446 21 544 21 335
9g' (j9Q 27* 0^0 27 §22 27' 542 27 439 27 539 26 807 26 424 26 699 27* 405 28 518 29 268 30 707 r ^O R71 31 656
294
192
57
44
4
0
7
8
2r 310 2
2r 207 2
54 3
2r 4§ 7
3 5.06
34.83
35.09
35.34
3
3
3
3
4.50
34.94
3 5.43
3
5
3
304
9Q2
55
47
9
3
1
4
6 00
5 84
6 06
6.14
2 307 7
2 204 0
55 1
2
48 6
5
5
5
6
309
°06
54
48
2
4
4
5
310
206
56
48
8
6
1
1
308
206
54
48
6
6
6
6
82
65
86
00
7
1
3
3
308
r 207
r 52
48
1
2
5
4
r 308 6
r 207 2
r 53 o
r 48 4
30
13
40
42
r 310 2
r 207 2
54 3
r 48 7
6
6
6
6
r 314 9
T 316 5
r 32 1 9
r
r 211 0
r 210 4
r 55 1
r 211 8
r 213 8
r 54 o
r
49 8
324 1
r
r 326 4
r 213 8
r 57 8
r 51 0
f 59 3
56 6
r 53 7
r 57 6
r 55 1
326
214
56
55
7
3
5
9
31
16
38
46
4.50
82
5 74
4.50
5 65
5 52
4.50
5 68
5 60
4.50
5 91
5 93
4.50
5 99
5 96
4.50
6 13
5 98
4.50
6.29
6 00
4.50
6.33
6 00
4.50
6 38
6 00
4.50
6 38
6 00
4.50
6.38
6 00
4.50
6 17
6 00
4.00
6.03
6-00
4.00
5.78
6 00
4.00
5.76
5.89
6.11
6.24
6.02
6.16
6.07
6.18
6.12
6.24
6.18
6.35
6.22
6.40
6.32
6.49
6.40
6.50
6.44
6.52
<6.47
46.54
6.44
6.49
6.41
6.44
6.37
6.36
6.28
6.31
6.29
6.30
4.22
4.38
4.27
4.69
5 36
5 55
5.42
5.78
5 18
5.39
5.38
5.50
5 39
5.51
5.39
5.52
5 58
5.63
5.51
6.00
5 67
5 85
5.63
6.12
5 75
5 89
5.67
6.25
5 72
6 00
5.82
6 95
5.67
6.00
5.88
6.25
5 60
6 00
5.88
6.25
5 23
5 73
5.50
6.20
4 88
5.38
5,19
5.75
4 68
5 24
5.01
5.75
4.29
4.83
4.57
5.50
4 27
4.67
4.41
5.50
5 3. 954
*4 22
s 4. 881
5 5 16
4.642
4 94
4.539
5 01
4.855
5 22
4.932
5 58
5.356
5 62
5.387
*> 38
5.344
5 43
5.007
5 07
4.759
4 71
4.554
4 73
4.288
4 52
3.852
4 46
3.640
4 68
30, 312
32, 025
30, 581
30, 716
30, 868
31,006
169
31,290
159
31, 398
32, 025
32, 341
32, 564
33, 079
147
31,590
140
33, 171
182
92
83
72
92, 517
73 598
30 530
19 426
3,666
19 976
92, 519
73 591
30 527
19 369
3,648
20 047
93, 089
73 840
30 635
19 376
3,636
20 193
93, 917
74 290
30 852
19 442
3,670
20 326
64 966
31 967
16, 696
8 429
8 443
5*969
5 965
1 903
1 909
8 632
8 853
65 006
32 068
16, 593
8 485
5 951
1 909
8 585
65 298
32 299
16, 590
8 561
5 951
1 897
8 542
65 733
32 560
16, 615
8 665
5 947
1 946
8 557
486
490
494
309
122
230
192
133
109
102
3.480
4 96
CONSUMER CREDIT*
(Short- and Intermediate-term)
Total outstanding, end of year or month
Installment credit, total
Automobile paper
.
Other consumer goods paper
Repair and modernization loans
Personal loansBy type of holder:
Financial institutions, total
Commercial banks
.
Sales finance companies
Credit unions..
Consumer finance companies
Other
Retail outlets, total
Department stores
Furniture stores
Automobile dealers ._ .
Other
Noninstallment credit , total
Single-payment loans, total
Commercial banks.. _
Other financial institutions
• Revised.
l
Effective with^ the
t Average for Dec.
mil. $
do
do
do
do
do
87, 884
68, 565
28 843
17 693
3,675
18 354
94, 786
74 656
30 961
19 834
3,751
20 110
89, 092
70 209
29 908
17 732
3,642
18 927
90, 070
71 194
30 402
17 959
3,677
19 156
90, 650
71 862
30 680
18 165
3,711
19 306
91,483
72 640
30 918
18 390
3,755
19 577
91, 639
72 8°9
30 793
18 564
3,771
19 701
91,899
73 073
30 859
18 714
3,770
19 737
92, 498
73 491
30 937
18 945
3,772
19 837
94, 786
74 656
30 961
19 834
3,751
20 110
93, 479
74 015
30 689
19 649
3,703
19 974
do
do
do_._
do
do
do
do
do
do
do
do
do
do
do
do
60 273
29 173
16, 138
7 512
5,606
1 844
8 292
4,488
1,235
65 565 62 178
32 155 30 507
16, 936 16, 263
8 549
7 839
6 014
5 695
1 911 1 874
9 091
8 031
63 097
31 013
16, 454
8 OC9
5 742
1 879
8 097
63 745
31 398
16, 585
8 093
5 791
1 878
8 117
64 454
31 737
16,732
8 238
5 846
1 901
8 186
64 613
31 778
16, 759
8 324
5 858
1 894
8 216
64 792
31 878
16, 771
8 391
5 863
1 889
8 281
65 046
31 978
16, 790
8 480
5 881
1 917
8 445
65 565
32 155
16, 936
8 549
6 014
1 911
9 091
65 162
32 033
472
480
485
489
487
489
490
490
488
20,130 18, 883
7,844
7,925
6 714
6 784
l! 130 1.141
18, 876
7,901
6 767
1.134
18, 788
7,844
6 720
L124
447
2,122
19, 319
7,682
6 587
L095
490
June 9 change in Federal Reserve regulations,
urities."
with earlier figures. « Daily average^" ' """"'
* " " """"' """J
©All data shown reflect changes in coverage and format; comparable data for July-Dec.
1965 appear in the Mar. 1967 issue of Federal Reserve Bulletin. Revisions for 1966 reflect adjustments for mergers (Jan. and Feb. data will be shown later).
cTFor demand deposits, the term "adjusted" denotes demand deposits other than domestic
ie[ 814
485
18, 843 18,810 18, 826 19, 007 20, 130 19, 464 18, 919 18, 928 19, 249 19, 627
7,814
7,754
7,849
7,768
7,807
7,844
7,779
7,769
7,890
8,017
6 692
6 656
6 678
6 714
6 659
6 634
6 647
6 758
6 718
6 848
l! 122 l! 112 1.129
L120
l! 122 1.132
1.169
l!l30
L120
1.131
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).
9Includes data not shown separately.
JRevised monthly data for commercial bank credit
prior to June 1965 appear on p. 28 of the Nov. 1966 SURVEY; those for consumer credit prior
to Mar. 1965 appear in the May 1966 Fed. Reserve Bulletin.
©Adjusted to exclude interbank loans.
§For bond yields, see p. S-20.
^Monthly data are as of the following dates:
1966—May 20; June 30; July 15; Aug. 12; Sept. 9; Oct. 7; Nov. 4; Dec. 2; 1967—Jan. 27;
Feb. 24; Mar. 24; Apr. 21; May 19.
SUEVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
Annual
July 1967
1966
May
June
July
Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
FINANCE—Continued
CONSUMER CREDIT§— Continued
Total outstanding, end of year or month— Con.
Noninstallment credit— Continued
Charge accounts, total
mil. $
Department stores
__
do
Other retail outlets
do
Credit cards
do
Service credit
do
Installment credit extended and repaid:
Unadjusted:
Extended, total
.
. do .
Automobile paper
do
Other consumer goods paper.. _
..do
All other
- - . . do _.
Repaid total
do
Automobile paper
do
Other consumer goods paper
do
All other
-do __
Seasonally adjusted:
Extended total
do
Automobile paper
do
Other consumer goods paper
do
All other
do
Repaid total
do
Automobile paper
do
Other consumer goods paper
do
All other
- do ..
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public: d"1
Receipts from
mil $
Payments to
do
Excess of receipts or payments ( — )
do
Seasonally adjusted, quarterly totals: t
Receipts from
do
Payments to
do
Excess of receipts or payments ( )
do
Receipts and expenditures (national income and
product accounts basis), qtrly. totals, seas,
adj. at annual rates: *
Receipts
bil $
Expenditures
do
Surplus or deficit (— )
do
Budget receipts and expenditures:
Receipts, total
mil $
Receipts net^
do
Customs
do
Individual income taxes
do
Corporation income taxes
do
Employment taxes
do
Other internal revenue and receipts
do
Expenditures, totalf
do
Interest on public debt
do
Veterans' benefits and services
do
National defense
do
All other expenditures
do
Public debt and guaranteed obligations:
Gross debt (direct), end of yr. or mo., total-bil. $_.
Interest bearing, total _ .
do
Public issues _ _
do
Held by U.S. Govt. investment accts.do
Special issues
do
Noninterest bearing and matured
do __
Guaranteed obligations not owned by U.S. Treasury, end of year or month..
bil. $_.
U.S. savings bonds:
Amount outstanding, end of yr. or mo do
Sales, series E and H.
.
do
Redemptions
do
i 6, 746
1968
i 5, 055
1723
i 4, 891
i 7, 144
5,860
5,908
5,888
5,973
5,993
6,107
6,199
7,144
6,472
5,824
5,809
5,923
6,231
1874
i 5, 142
788
5,098
824
5,067
861
5,056
916
5,021
932
5,003
898
4,951
878
5,001
874
5,142
908
5,213
895
5,341
898
5,350
922
5,436
939
5,379
75, 508
27, 914
21, 454
26, 140
67, 495
24. 267
19, 355
23, 873
78, 896
28, 491
23, 502
26, 903
72, 805
26, 373
21, 361
25, 071
6,694
2,526
1,898
2,270
6,028
2,215
1,763
2,050
7,236
2,746
2,013
2,477
6,251
2,252
1,786
2,213
6,670
2,466
1,945
2,259
6,002
2,188
1,739
2,075
7,025
2,543
2,023
2,459
6,247
2,305
1,798
2,144
6,189
2,070
1,935
2,184
6,000
2,195
1,761
2,044
6,403
2,369
1,949
2,085
6,159
2,310
1,799
2,050
6,611
2,346
2,044
2,221
6,193
2,261
1,813
2,119
7,442
2,178
2,720
2,544
6,277
2,154
1,831
2,292
5,674
1,923
1,808
1,943
6,315
2,195
1,993
2,127
5,488
1,916
1,655
1,917
5,905
2,075
1,878
1,952
6,641
2,350
1,985
2,306
6,648
2,353
2,042
2,253
6,495
2,294
1,927
2,274
6,246
2,186
1,920
2,140
7,062
2,559
2,074
2,429
6,612
2,342
2,008
2,262
6,472
2,298
1,933
2,241
5,979
2,159
1,784
2,036
6,675
2,419
1,944
2,312
6,126
2,211
1,767
2,148
6,732
2,383
2,050
2,299
6,168
2,238
1,803
2,127
6,689
2,431
1,995
2,263
6,087
2,223
1,792
2,072
6,578
2,387
1,958
2,233
6,103
2,213
1,784
2,106
6,522
2,378
1,941
2,203
6,142
2,244
1,820
2,078
6,657
2,461
1,947
2,249
6,213
2,255
1,836
2,122
6,433
2,297
1,928
2,208
6,112
2,225
1,796
2,091
6,501
2,240
2,031
2,230
6,221
2,202
1,882
2,137
6,497
2,177
2,099
2,221
6,281
2,217
1,915
2,149
6,510
2,199
2,049
2,262
6,246
2,193
1,899
2,154
6,606
2,217
2,095
2,294
6,393
2,235
1,968
2,190
6,554
2,238
2,032
2,284
6,361
2,219
1,948
2,194
7,523 10, 698
14, 748
13, 150 12,604 13, 654
1,598 -5, 080 -2,955
12, 845
12, 545
299
11, 251
11,641
-390
12, 308
11, 852
456
14, 490
13, 167
1,323
123,376
127,920
-4, 544
145, 136
150, 868
-5,731
13,916
12,821
1,095
8,103 11.764
20, 391
12, 053 12, 927 15,206
8,338 -4,824 -3, 442
39, 649
35, 983
3 666
36, 339
40, 041
-3, 702
36, 802
37, 820
-1,018
r 141. 6
r 138.
4
r
32
1 145. 6
*r146. 3
7
r 148. 6
17, 070 11, 295
11,189 14, 445
5,881 -3, 150
38, 839
39, 126
-287
r
r
r
123.4
'1.4
r 143 2
r
142. 9
.3
124,354
96,679
1,646
56, 102
27, 035
17, 268
22, 303
101,378
11,615
5,151
52, 773
32, 582
146. 863
110, 802
1,930
66, 151
31, 986
24, 059
22, 736
118, 078
12, 752
5,838
64, 271
35, 872
13, 746
8,452
158
7,389
751
3,615
1,833
9,055
1,025
485
4,895
2,650
20, 817
17, 151
172
7,295
8,251
2,719
2,380
9,439
1,068
359
6,303
1,757
7,993
5,702
158
3,725
878
1,674
1,558
10, 263
1,091
450
4,910
3,851
10, 586
7,197
179
5,268
606
2,614
1,920
11, 042
1,064
444
5,560
4,025
14, 833
12, 475
170
6,400
4,547
1,793
1,924
11,883
1,086
532
5,973
4,345
7,910
5,811
170
3,711
797
1,220
2,011
10, 977
1,098
546
5,536
4,122
9,819
7,394
179
5,303
580
1,868
1,888
10, 386
1,100
555
5,500
3,233
12,815
10, 606
161
4,217
4,636
1,655
2,146
9,512
1,160
610
5,911
1,861
11, 324
9,386
160
6,749
823
1,673
1,918
9,987
1,173
467
6,201
2,238
12, 046
7,757
134
6,212
635
3,352
1,713
9,459
1,108
562
5,758
2,048
16, 527
11, 395
170
5,016
6,728
2,353
2,261
11, 699
1,154
548
6,893
3,112
19,225 12, 072
6,289
13, 534
166
150
5,687
9,807
1,065
4,295
3,033
3,157
2,120
1,817
9,464 10, 915
1,103
1,127
565
480
6,128
'
6,
303
r
3,127
1, 567
i 320. 90
i 316. 52
i 270. 26
i 15. 51
i 46. 26
M.39
i 329. 32
i 325- 02
i 273. 03
1 16. 69
i 51. 99
14.30
322.36
317. 93
269. 12
15.58
48.80
4.43
319. 91
315. 43
264. 31
15.50
51.12
4.48
319. 28
314. 88
264.18
15.58
50.70
4.40
324. 42
319. 70
266. 46
15 96
53.24
4.72
324. 75
320. 01
266. 95
16.02
53.07
4.73
326. 89
322. 30
270. 41
16.06
51.89
4.59
329.41
324. 86
272. 31
16.29
52.55
4.55
329. 32
325. 02
273. 03
16.69
51.99
4.30
328. 87
324. 94
273. 69
16.90
51.25
3.93
329. 62
325. 69
274. 20
18.04
51. 49
3.93
330. 95
327. 01
274. 95
18.51
52.06
3.94
327. 80
323. 88
272. 23
18.65
51.65
3.93
330. 89
326. 99
271. 82
19.33
55.17
3.89
1.46
1.49
.47
.46
.49
.48
.50
.50
.49
.49
.50
.51
.51
.51
.51
.51
50.84
.37
.41
50.92
.37
.45
51.24
.44
.48
51.30
.41
.50
r 124 8
i 50. 46
4.49
5.44
i 50. 92
4.86
6.00
50.58
.41
.47
50.63
.40
.49
50.70
.41
.50
50.74
.39
.48
50.70
.40
.57
'151.9
r
3.3
50.77
.41
.47
50.93
.49
.63
51.01
.43
.47
149. 1
160. 9
11.9
51.09
.46
.52
163.2
51.16
.39
.45
326. 22
322. 29
266. 13
56.16
3.94
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies J
bil. $._ 1 158. 88 1 167. 02 162. 04 162. 51 163.49 163. 94 164.49 165. 43 166. 22 166. 94 168.21 168. 93 169. 86 170.57 171.24
72.34
71.78
71.65
71.87
71.59
71.62
72.59
73.26
Bonds (book value), total
do
72.98
71.10
71.69
i 70. 15
71.18
72.81
i 71. 90
7.44
7.50
7.36
7.36
8.00
Stocks (book value), total
do
7.29
7.91
7.38
7.58
19.13
7.33
7.34
7.81
7.31
18.76
65.19
64.80
63.34
64.35
66.02
Mortgage loans, total
do
66.25
62.97
63.68
64.01
65.50
65.80
i 60. 01
62.10
62.55
i 64. 61
59.56
59.96
58.13
59.12
Nonfarm
do
60.92
60.26
60.72
57.78
58.46
58.78
60.52
i 55. 19
56.98
57.38
i 59. 37
4.88
4.88
4.79
4.84
Real estate
__
do
4.94
4.74
4.82
4.89
4.95
4.78
4.84
4.74
4.92
14.68
14.88
9.14
9.25
8.45
9.00
9.62
Policy loans and premium notes
do
8.29
9.34
9.54
8.05
19.12
8.67
8.87
9.44
8.16
i 7.68
1.49
1.40
1.18
1.33
Cash
do
1.35
1.18
i 1.50
1.12
1.10
1.26
1.33
1.01
1.00
11.53
1.26
7.43
7.64
7.47
Other assets
do
7.17
7.70
8.00
7.80
7.36
7.43
7.65
7.31
i 5.73
7.63
7.82
16.23
Payments to policyholders and beneficiaries in
956.0 1, 309. 8 1, 048. 2
U.S., total..
mil $ 11.416.6 12, 342. 2
916.2 1, 087. 1 1, 022. 0
968.1 1,236.8 1, 034. 1 1,103.2
993 5
978.7 1, 081. 1
494.2
456.0
Death benefits
do
407.0
454.5
492.1
459.1
425.1
406.2
416.6
450.0
419.1
421.1
542.3
4, 831. 4 5, 218. 2
82.8
93.2
79.2
77.6
Matured endowments..
_
do
80.1
80.0
82.7
85.6
73.0
79.9
88.0
981.6
80.9
95.9
931.1
13.1
16.1
14.8
Disability payments
do
13.0
12.4
13.4
13.7
13.7
15.0
15.1
14.0
15.2
169.3
16.5
163.0
98.2
116.5
Annuity payments...
do.
100.4
95.6
98.8
92.5
95.3
94.2
99.3
95.0
101.1
95.7
108.1
1, 038. 9 1, 152. 6
177.7
166.9
Surrender values. _
do
193.3
167.1
182.6
174.1
189.6
195.7
178.2
189.4
165.0
176.9
206.0
1, 932 3 2, 120. 6
190.0
Policy dividends
.
do
191.6
192.2
427.8
213.6
188.0
254.4
211.6
194.3
163.0
236.1
2. 519. 9 2. 699. 9
242.8
268.0
r
Revised.
» Preliminary.
*New series. Data through 1962 are in the Aug. 1965 SURVEY; those for 1963-lst qtr. 1966
1
End of year; assets of life insurance companies are annual statement values.
appear on p. 25 of this issue of the SURVEY.
HData for net receipts and total expenditures
§ See note "i" on p. S-17.
o*Other than borrowing.
tRevisions prior to 1965 for cash
reflect exclusion of certain interfund transactions.
transactions with the public (seas, adj.) and for Feb. 1964-Apr. 1966 for assets of all life insurance companies will be shown later.
SUKVEY OF CURRENT BUSINESS
July 1967
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1966
1966
May
Annual
S-19
June
July
Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :J
Value, estimated total. __ ___
_
_ mil. $ 1 142,166
Ordinary
do
82, 521
Group and mass-marketed ordinary
do__. i 52,349
Industrial
_ _
do
7,296
122, 479
88, 399
27, 270
6,810
10,107
7,600
1,878
629
10,101
7,624
1,908
569
9,361
6,794
2,041
526
9,778
7,307
1,910
561
9,725
7,052
2,117
556
9,880
7,412
1,878
590
10,095
7,698
1,835
562
14,614
8,230
5,850
534
8,661
6,640
1,481
540
9,707
7,019
2,140
548
12, 310
8,606
3,084
620
10, 820
7,836
2,407
577
11, 974
8,478
2,876
620
15,946
11, 947
2,644
1,356
1,321
999
218
105
1,304
995
213
96
1,300
981
217
102
1,339
997
238
103
1,261
954
210
96
1,339
1,013
220
106
1,292
971
221
99
1,657
1,138
280
239
1,328
1,026
196
106
1,272
953
226
93
1,446
1,104
242
99
1,321
1,004
219
98
1,461
1,093
264
103
Gold and silver:
Gold:
Monetary stock, U.S. (end of period).. .mil. S.- 13, 733 13, 159 13, 532 13, 433 13, 332 13, 259 13, 258 13, 257
Net release from earmark!
do
-50
28
162
-61
-198
-50
26
20
Exports
thous. $-_ 1,285,097 457, 333 101, 401 101, 534 34, 334 5,800 101, 436 33, 943
Imports
do
42,004
2,770
2,426
2,432
2,265
101,669
1,931
1,781
13, 159
-36
42
7,922
13, 159
-34
58
2,054
13, 157
-15
170
1,612
13, 107
-23
56
3,348
13, 107
12
285
1,494
13,109
-3
162
2,326
13, 109
3
91.2
Premiums collected: J
Total life insurance premiums
Ordinary
Group and wholesale
.
Industrial..
_.
do
do
do
do
15, 176
11,357
2,436
1,383
MONETARY STATISTICS
Production, world total
South Africa
Canada
United States
Silver:
Exports
Imports _
__.
Price at New York
Production:
Canada}-- _
Mexico
_ _
United States
..
mil. $
do
do
do
2
1,440.0
1, 069. 4
125.6
58 6
1, 080. 8
114.6
91.9
10.4
89.3
9.2
89.4
9.3
90.1
9.2
91.7
9.2
89.7
9.1
90.8
8.7
87.7
9.6
89.5
8.7
87.8
8.9
89.5
9.1
89.1
8.9
thous $
do
dol. per fine oz
54, 061
64, 769
1.293
114,325
78, 378
1.293
15, 527
5,698
1.293
18, 022
6,629
1.293
6,638
7,055
1.293
14, 273
7,983
1.293
16, 596
6,387
1.293
2,471
6,214
1.293
7,105
5,878
1.293
4,915
5,785
1.293
14, 755
7,494
1.293
9,018
6,399
1.293
10, 693
6,136
1.293
11,072
8,451
1.293
thous. fine oz
do
do
31,917
40, 333
44,423
32,820
41, 984
45, 047
2,792
2,961
3,793
2,694
4,272
5,611
2,928
2,746
1,912
2,744
3,864
4,226
2,773
3,370
4, 273
2,662
3,767
3,049
3,019
3,105
3,444
2,968
2,832
4,513
2,966
2,504
3,353
3,956
3,927
3,598
4,151
bil. $__
42.1
44.7
42.1
42.6
42.7
42.9
42.8
43.1
44.2
44.7
43.4
43.6
43.6
43.7
Money supply and related data (avg. of daily fig.) : t
Unadjusted for seas, variation:
Total money supply
bil $
Currency outside banks
do
Demand deposits
do
Time deposits adjusted^
do
U.S. Government demand deposits
do
162.6
35.3
127.3
137.6
6.3
169.7
37.5
132.2
3 153. 7
5.0
166.9
37.0
129.9
153.9
7.2
168.8
37.3
131.5
3 154. 1
6.3
167.9
37.8
130.1
155.8
8.2
166.9
37.9
129.1
157.0
5.2
169.4
37.9
131.5
156.9
4.4
170.1
38.1
132.1
156.6
4.8
171.0
38.5
132.5
155.6
3.7
175.2
39.1
136.2
156.3
3.5
174.6
38.4
136.2
160.0
4.2
170.0
38.3
131.7
163.3
5.1
171.3
38.5
132.8
166.1
4.9
173.1
38.6
134.5
168.1
4.8
170.2
37.3
132.9
153.0
171.1
37.4
133.7
3
153. 7
169.6
37.7
131.9
155.3
169.6
37.8
131.8
156.6
170.5
37.9
132.6
157.1
169.6
38.0
131.7
156.8
169.2
38.0
131.2
156.8
170.3
38.3
132.1
158.0
169.6
38.5
131.1
160.5
170.4
38.7
131.7
163.2
172.8
38.9
133.9
165.3
52.6
109.5
37.8
49.7
32.8
52.2
107.3
38.3
50.4
33.1
52.9
106.9
39.1
51.3
34.0
54.0
111.9
39.0
51.5
33.9
54.2
111.4
39.4
52.1
34.3
54.0
111.2
39.6
52.2
34.3
54.6
111.3
39.6
52.5
33.9
56-9
121.8
40.0
53.2
34.2
57.2
124.7
39.4
50.9
34.8
55.6
119.4
39.4
52.6
34.2
54.8
117.2
39.1
51.2
33.9
.
_.
Currency in circulation (end of period)
Adjusted for seas, variation:
Total money supply
Currency outside banks
Demand deposits
.
Time deposits adjusted^
do
do
do
do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted: t
Total (233 SMSA's) 9 -.ratio of debits to deposits
New York SMSA
.
do
Total 232 SMSA's (except N.Y.).
do
6 other leading SMSA'sd*
do
226 other SMSA's
do
13, 110
48.3
99.6
35.3
44.9
31.3
52.8
109.4
38.3
50.1
33.3
1.296
1.301
44.4
r
170. 5
38.9
131.7
170.2
6.6
173.8
39.2
134.6
172.4
4. 0
172.1
39.0
133.1
167.3
174.1
39.2
134.9
169.3
176.0
39.3
136.6
171.7
57.7
123.0
40.8
54.2
35.1
54.8
115.2
39.2
52.0
33.9
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
Net profit after taxes, all industries
mil. $__ 27, 521
Food and kindred products
do
1,896
Textile mill products
do
694
Lumber and wood products (except furniture)
mil. $..
338
Paper and allied products
do
*753
Chemicals and allied products
do
3,188
Petroleum refining
do
4,442
Stone, clay, and glass products
do
761
Primary nonferrous metal
do
970
Primary iron and steel.do
1,401
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil $
1,151
Machinery (except electrical)
_ do
2,499
E lee. machinery , equip. , and supplies
do
1,926
Transportation equipment (except motor
vehicles, etc.)
mil. $
721
Motor vehicles and equipment
do
3,496
All other manufacturing industries.. . do
* 3, 285
Dividends paid (cash) , all industries
do
11,979
Electric utilities, profits after taxes (Federal Reserve)
mil $
2,568
Transportation and communications (see pp. S-23
and S-24).
30, 937
2,102
702
8,375
<525
194
7,400
580
180
7,933
528
166
345
911
3,474
5,055
799
1,298
1,487
124
241
948
1,228
260
351
440
99
217
856
1,247
251
303
353
54
240
823
1 373
173
350
370
191
786
1,341
67
325
296
1,395
3,058
2,379
383
858
615
381
772
601
318
748
617
321
674
527
821
3,053
4,058
239
948
* 1,021
199
262
1,097
197
870
1 107
162
620
831
12, 958
3,188
2,985
3,745
3,185
••2,764
632
702
673
799
6,748
451
105
4
451
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
mil. $._ 40, 108 45,015 3,182 5,072 3,407
By type of security:
Bonds and notes, total
do
3,114
4,261
3,297
42,501
37,836
Corporate
do
1,037
975
1,616
15,561
13, 720
Common stock
_
do
40
56
737
1,939
1 547
Preferred stock
do
74
70
13
574
725
r
2
Revised.
1 Includes $27.8 bil. coverage on U.S. Armed Forces.
Estimated; excludes
U.S.S.R., other Eastern European countries, China Mainland, and North Korea.
3 Beginning June 1966, data exclude balances accumulated for payment of personal loans
(amounting to $1,140 million for week ending June 15).
* Beginning with the period
noted, data reflect reclassification of companies between industries and are not strictly
comparable with those for earlier periods.
^Revisions for 1964-Jan. 1966 for insurance written, for Jan.-Aug. 1964 and Jan.-July 1965
3,676
3,249
3,539
1,575
70
67
3,183
1,333
61
6
2,518
6,686
3,277
5,091
7,523
5,253
4,207
3,987
2,381
755
106
31
6,574
1,004
61
50
3,151
1,535
106
20
5,000
1,593
40
51
7,367
1,262
139
17
5,110
2,219
119
24
3,974
1,761
91
143
3,830
1,346
111
46
for premiums collected, and for 1964 for silver production (Canada), will be shown later; those
for money supply and related data for 1959-July 1965 appear in the Sept. 1966 issue of Federal
Reserve Bulletin.
§Or increase in earmarked gold (—).
II Time deposits at all commercial banks other than those due to domestic commercial banks and the U.S. Govt.
t Re vised series.
9 Total SMSA's include some cities and counties not designated as
SMSA's.
cfIncludes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland,
and Los Angeles-Long Beach.
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
1966
Annual
July 1967
May
June
July 1 Aug.
1967
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission— Continued
Estimated gross proceeds— Continued
By type of issuer:
Corporate, total 9
mil. $..
Manufacturing
_
do
Extractive (mining)
do
Public utility _
do
Railroad
.
do
Communication
do
Financial and real estate - _-do
Noncorporate, total 9 - U.S. Government
State and municipal .
do
-_do
do. --
New corporate security issues:
Estimated net proceeds total
Proposed uses of proceeds:
New money, total
Plant and equipment
Working capital
Retirement of securities
Other purposes
. do_ .
do
do
do
do
15. 992
5 417
342
2 936
284
947
4 276
18, 074
7,070
375
3 665
339
2 003
1,941
1,106
392
50
277
47
44
157
2,427
1,168
53
330
16
279
283
1,085
404
43
288
21
5'?
166
1,712
540
28
318
27
321
114
1,400
650
55
82
29
200
309
892
385
6
258
12
98
73
1,115
233
25
335
10
170
108
1,661
682
17
414
15
154
42
1,684
649
27
222
51
296
267
1,418
570
15
279
20
106
248
2,362
1,283
35
510
42
147
92
1,994
1,148
34
402
12
108
138
1,503
577
30
425
27
93
102
24 116
9,348
11.148
26 941
8,231
11, 089
2,076
412
877
2 645
397
1,118
2 322
411
678
1,964
387
764
1,849
402
992
1 626
408
736
5,570
3,738
950
1,616
373
923
3,407
494
1,450
6,105
4,154
1,159
2,891
459
1,437
2,213
393
1,129
2.483
438
1,209
15 801
17 841
1,095
2 391
1 071
1,688
1,384
876
1,098
1,643
1,669
1,400
2,334
1,964
1,478
13, 063
7 712
5,352
996
1 741
15,806
12,430
3,376
241
1,795
1,000
746
254
38
58
2,245
1,786
459
27
119
932
667
265
32
106
1,617
1,353
264
18
53
1,114
887
227
2
268
783
630
153
46
46
1,033
839
194
12
52
1,363
1,128
235
8
273
1,522
1,135
388
21
125
1,375
918
457
1
24
2,178
1,755
423
17
139
1,870
1,314
556
12
82
1,405
1,064
342
19
54
11. 084
6.537
11,089
6,524
877
865
1,118
384
678
174
764
620
992
362
736
266
950
989
923
458
1,450
454
1,159
756
1,437
634
1,129 '1,209
r
951
1,197
!609
387
1, 637
*3 712
625
5,797
1,839
3,741
601
5,798
1,658
3,809
622
5,700
1, 595
3 786
658
5,645
1,595
3,785
636
5,400
1,528
3,537
661
5,216
1,520
3,349
607
5,275
1,532
3,262
609
5,387
1,637
3,712
673
5,375
1,914
3,187
685
5, 445
1,936
713
5,803
2,135
93.9
110.6
86.1
102.6
87.6
104.5
87.0
103.2
86.0
100.9
84.1
97.7
82.6
98.6
83.4
100.5
83.5
101.0
83.0
102.4
85.9
106.0
86.4
106.4
83.76
78.63
79.56
78. 93
77.62
77.02
77.15
78.07
77.68
78.73
81.54
794 22 4,261.12
288 68 3 740 48
394. 28
344 51
312. 44
258 46
254 63
290 05
306. 60
291 76
322. 01
315 08
341. 50
348 44
312. 46
313 01
366. 38
356 22
643 11 4,100.86
150. 16 3,589.62
380. 69
333. 50
301. 98
248. 57
247, 12
215. 03
295. 65
279. 97
312. 43
304. 96
332. 34
338. 21
293.69
293. 70
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $._ 2,975.21 3, 092. 79
285. 53
208. 88
169. 94
273. 90
232. 94
286. 55
State and municipal issues (Bond Buyer) :
Long-term
Short-term
do
do
do
1,414
520
SECURITY MARKETS
Brokers' Balances
(N.Y.S.E. Members Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances (net)
IVtoney borrowed
mil. $
_ do _
do. _.
do
i 534
i 5, 543
i 1, 666
i 3 706
1
5,
1
701
5,896
2, 078
673
5,966
2. 220
85.6
105. 8
85.4
104.9
83.4
101.1
81 7
100.2
80.73
80.96
80.24
77.48
76 37
446. 77
417 53
409. 22
350 65
478. 39
394 94
381. 00
333 15
534. 32
451 62
348. 01
335. 45
428. 29
400. 29
385. 34
330. 33
451.87
374. 71
349. 76
309.72
484. 92
413. 73
260. 68
285. 40
328. 21
258. 78
281. 42
279. 94
329.41
326. 62
r
Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility,
and railroad (AAA issues):
Composited1
dol per $100 bondDomestic municipal (15 bonds)
do
U.S. Treasury bonds, taxable^
--do
Sales:
Total, excl. U.S. Government bonds (SEC):
All registered exchanges:
Market value
mil $
New York Stock Exchange:
Market value
Face value
do
do
Yields:
Domestic corporate (Moody's)
percentBy rating:
Aaa
do
Aa
_.
do
A
do
Baa
_ _ do
By group:
Industrials
do
Public utilities
-_.do__
Railroads.
do
Domestic municipal:
Bond Buyer (20 bonds)
do
Standard & Poor's Corp. (15 bonds)
do
U.S. Treasury bonds, taxable©
do
4.64
5.34
5.18
5.28
5.36
5.50
5.71
5.67
5.65
5.69
5.50
5.35
5.43
5.42
5.56
5.75
4.49
4.57
4.63
4.87
5.13
5.23
5.35
5.67
4.98
5.10
5.17
5.48
5.07
5.16
5.29
5.58
5.16
5.25
5.36
5.68
5.31
5.38
5.48
5.83
5.49
5.58
5.69
6.09
5.41
5.50
5.67
6.10
5.35
5.46
5.65
6.13
5.39
5.48
5.69
6.18
5.20
5.30
5.53
5.97
5.03
5.18
5.38
5.82
5.13
5.23
5.49
5.85
5.11
5.26
5.46
5.83
5.24
5.42
5.60
5.96
5.44
5.63
5.77
6.15
4.61
4.60
4.72
5.30
5.36
5.37
5.12
5.23
5.20
5.25
5.32
5.26
5.33
5.39
5.37
5.49
5.54
5.48
5.71
5.78
5.65
5.63
5.72
5.67
5.59
5.64
5.72
5.63
5.65
5.78
5.45
5.42
5.63
5.33
5.25
5.48
5.39
5.37
5.51
5.37
5.37
5.51
5.46
5.59
5.62
5.64
5.80
5.80
3.28
3.27
3.83
3.82
3.78
3.68
3.83
3.77
3.96
3.94
4.24
4.17
4.03
4.11
3.74
3.97
4.02
3.93
3.77
3.83
3.40
3.58
3.60
3.56
3.54
3.60
3.69
3.66
3.96
3.92
4.06
3.99
4.21
4.66
4.57
4.63
4.74
4.80
4.79
4.70
4.74
4.65
4.40
4.47
4.45
4.51
4.76
4.86
7.65
8.48
3.86
4.09
4.90
6.33
8.25
9.17
4.11
4.45
5.06
6.85
8.24
9.18
4.09
4.35
4.94
6.65
8.26
9.18
4.10
4.39
5.14
6.65
8.28
9.19
4.12
4.44
5.14
6.65
8.30
9.22
4.14
4.53
5.14
6.90
8.30
9.22
4.14
4.53
5.14
6.97
8.33
9.25
4.14
4.55
5.14
6.97
8.22
9.07
4.15
4.61
5.14
7.42
8.23
9.08
4.18
4.61
5.14
7.53
8.29
9.15
4.18
4.63
5.22
7.53
8.30
9.16
4.20
4.63
5.28
7.81
8.32
9.17
4.27
4.63
5.28
7.81
8.33
9.18
4.27
4.63
5.28
7.81
8.19
8.95
4.32
4.63
5.28
7.81
8.20
8.95
4.38
4.63
5.29
7.81
250. 31
284. 32
117.08
95.06
230. 88
266. 77
102. 90
92.65
236. 01
274. 18
102. 45
93.56
230.25
267.22
99.95
92.58
227. 17
262.90
101. 03
89.63
211. 05
244. 39
92.51
81.22
207. 74
239. 01
94.57
80.17
220. 60
250. 49
104. 92
83.37
218. 34
248. 93
103. 47
83.25
217. 56
246. 38
105.99
82.91
233. 54
266. 77
108. 12
93.13
233. 23
267. 35
105. 18
92.56
242. 02
278. 90
106. 81
93.52
251.52
293. 28
108. 90
93.60
238. 37
277. 83
102.58
94.89
242. 22
282.15
100. 73
97.92
Stocks
Dividend rates, prices, and yields, common stocks
(Moody's):
Dividends per share, annua Irate, composite
dollars _ Industrials
do
Public utilities
do_Railroads. __
_
do
N.Y banks
do
Fire insurance companies
do
Price per share, end of mo., composite
do
Industrials
do
Public utilities.
_ _ -_do___
Railroads
do
3.49
3.59
3.06
3.57
Yields, composite _
percent3.35
3.44
3.44
2.98
Industrials
do
3.99
4.10
3.30
3.99
Public utilities
do.
4.65
4.74
4.30
4.80
Railroads__
_. ._ _._
_ _-do 3.95
3.33
4.04
4.18
N.Y. banks
do
2.97
3.05
2.74
2.92
Fire insurance companies
do._r
l
Revised.
End of year.
9 Includes data not shown separately,
cf Number of bonds represented fluctuates; the change in the number does not affect the
continuity of the series.
3.64
3.50
4.08
4.95
4.30
2.98
3.39
3.44
3.56
3.31
3.44
3.55
4.00
3.76
3.78
3.93
3.78
3.17
3.29
3.43
3.13
3.22
3.64
3.69
3.43
3.86
3.69
3.77
4.35
4.00
3.92
3.94
3.99
4.21
3.95
4.01
3.87
4.48
4.38
4.73
4.95
5.00
4.95
4.88
5.54
5.56
4.97
5.65
5.46
5.58
3.84
3.98
3.94
3.83
3.79
3.96
3.80
4.67
3.90
4.85
3.96
3.43
3.17
3.28
3.31
2.93
3.51
2.92
2.92
3.22
3.15
2.70
1 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.
SURVEY OF CURRENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1967
1966
I 1966
Annual
S-21
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Earnings, common stocks (Moody 's):
Earnings per share (indust., qtrly. at arm. rate;
pub. util. and RR., for 12 mo. ending each qtr.):
Industrialst
..dollars..
Public utilities
do
Dividend yields, preferred stocks, 10 high-grade
(Standard & Poor's Corp.)
percent. .
Prices:
Dow-Jones averages (65 stocks) _
Industrial ( 3 0 stocks)
. .
Public utility (15 stocks)
Railroad (20 stocks) _ _
_ _ _ _ _
Standard & Poor's Corporation:*^
Industrial, public utility , and railroad:
Combined index (500 stocks)
1941-43 = 10..
Industrial, total (425 stocks) 9
do
Capital goods (122 stocks)
.. do...
Consumers' goods (181 stocks)
do
Public utility (55 stocks)
do
Railroad (20 stocks)
_do. .
Banks:
New York City (10 stocks) .
. do
Outside New York City (16 stocks) .-.do.-Fire and casualty insurance (20 stocks) doNew York Stock Exchange common stock indexes:*
Composite
12/31/65=50..
Industrial
__do
Transportation
do
Utility
do
Finance
do
Sales (Securities and Exchange Commission) :
Total on all registered exchanges:
Market value
mil $
Shares sold
millions
On New York Stock Exchange:
Market value
mil $
Exclusive of odd-lot and stopped stock sales
(N.Y.S.E.; sales effected)
millions. _
Shares listed, N.Y. Stock Exch., end of period:
Market value, all listed shares
bil. $
Number of shares listed
. . millions
' 14. 70
6.37
r
8.85
18.08
6.30
r 9 34
16.42
5 92
8 ifi
f Q ^d
4.33
4.97
4.83
4.93
5.00
5.18
5.23
5.28
5.21
5.24
5.07
4.98
5.04
5.03
5.17
5.30
318. 50
910. 88
157. 88
216. 41
308. 70
873. 60
136.56
227. 35
314. 62
890. 70
137. 32
233. 07
311. 51
888.73
134. 07
229.24
308. 07
875. 87
133. 72
227. 18
286. 45
817. 55
126.68
207. 91
276. 79
791. 65
126. 20
197. 05
273. 35
778. 10
129. 70
192. 07
285.23
806.55
136. 43
201. 94
285. 52
800.86
135. 68
205. 78
298. 28
830. 56
138.64
220. 11
305.65
851. 12
138. 03
228. 69
307. 70
858. 11
135. 96
231. 98
309. 45
868. 66
139. 29
228. 77
315. 57
883. 74
137. 15
238. 27
318. 12
872. 66
131.92
253. 90
88.17
85.26
86.78
86.06
85.84
80. 65
77.81
77.13
80.99
81.33
84.45
87.36
89.42
90.96
92.59
91.43
93.48
85.26
81.94
76.08
46.78
91.08
84.86
74.10
68.21
46.34
92 85
88.78
75.12
68.49
47.00
92.14
87.34
73.75
67.51
46.35
91. 95
86.38
73.87
67.30
45.50
86.40
79.81
69.91
63.41
42.12
83.11
74.74
67.89
63.11
40.31
82.01
72.67
66.67
65.41
39.44
86.10
77.89
68.25
68.82
41.57
86.50
79.83
67.76
68.86
41.44
89.88
82.70
69.97
70.63
44.48
93.35
86.72
73.78
70.45
46.13
95.86
90.08
75.10
70.03
46.78
97.54
92.37
77.53
71.70
45.80
99.59
95.10
79.13
70.70
47.00
98.61
96.34
78.94
67.39
48.19
38.92
71.35
64.17
33.32
63.80
64.55
32.32
61.22
63.33
32.39
61.32
61.64
32.50
62.38
62.63
30.09
59.33
61.28
28.87
57.44
59.52
32.30
61.04
63.68
34.34
65.05
68.62
35.93
67.03
70.50
37.08
69.90
70.03
35.62
67.09
68.99
35.32
66.00
65.86
36.01
66.56
64.86
35.43
65.81
62.60
35.35
63.97
61.34
47.39
46.15
46.18
50.26
45.41
44. 45
46.87
47.03
51.98
45.45
44.68
46.61
46.85
53.55
44.54
44 31
46.47
46.66
53.04
44.79
43.53
43.72
43.89
48.66
42.33
41.46
41.99
41.99
44.51
41.74
39.50
41.50
41.03
42.24
43.33
40.23
43.73
43.28
45.82
45.16
43.16
44.16
43.79
48.23
44.77
44.43
46.02
45.61
51.38
46.43
47.53
47.80
47.72
52.56
47.03
48.71
49.02
49.02
55.19
47.88
48.17
49.92
50 19
54.60
48.07
48.37
51.00
51.78
55.76
47.20
48.17
50.54
51.55
54.97
45.95
47.51
89 225
2 587
123 034
3 188
1^257
302
9 661
228
8, 301
200
9,663
236
8,750
215
8,658
223
8,102
219
9,538
266
11, 653
320
11, 181
316
14, 515
418
11, 777
323
14,411
397
73 200
98 565
o 205
9 800
7 772
1 RflQ
9fiQ
1 no
6,655
141
7,805
168
7,272
161
7,209
166
6,638
162
7,662
189
9,320
224
8,792
216
11,465
268
9,232
206
11,335
257
1,556
1,899
171
141
120
162
120
146
146
166
208
183
225
188
219
213
537. 48
10, 058
482. 54
10, 939
507.77
10,507
502. 41
10, 612
497. 11
10, 733
458.66
10, 787
454. 89
10,818
475. 25
10, 842
480. 88
10,886
482.54
10, 939
522. 75
10,989
527.04
11,046
549. 49
11, 073
572. 64
11,114
546. 65
11, 199
559. 50
11,277
17.83
6 08
16.78
6 30
14.12
6 19
9 13
8 no
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value
Exports (mdse.), incl. reexports, totalQ
Excl. Dept. of Defense shipments
Seasonally adjusted _
do
By geographic regions:A
Africa
Asia
Australia and Oceania
Europe
Northern North America
Southern North America
South America
By leading countries: A
Africa:
United Arab Republic (Egypt)
Republic of South Africa
Asia; Australia and Oceania:
Australia, including New Guinea
India
Pakistan
Malaysia
Indonesia
Philippines
Japan
Europe:
France
East Germany
\Vest Germany
Italy
Union of Soviet Socialist Republics
United Kingdom
_ _ _ _
mil. $_. 27,478.2 30,336.0 2,615.6 2,568.7 2,426.7 2,348.4 2,499.0 2, 695. 3 2, 627. 1 2,715.3 2, 549. 6 2, 489. 6 '2,835.9 '2,717.0 2, 730. 9
do
26,699.5 29, 395. 5 2,504.6 2,467.0 2,326.8 2,277.7 2,431.0 2, 626. 1 2, 572. 0 2, 644. 4 2, 471. 3 2, 419. 4 '2,797.4 '2,666.6 2, 686. 2
1
2,410.8
2,489.5
2,456.0
2,455.0
2,541.6
2,582.7
2,486.2
2,414.7 2, 620. 2 2, 601. 2 '2,569.1 '2,659.4 2, 544. 8
do
do
do
do
1,228.9 1, 348. 6
6, 012. 1 6, 727. 4
814.1
956.2
9, 363. 9 10,011.4
115.4
543.7
62.7
865.8
121.1
578.8
65.4
813.2
106.7
577.3
74.1
746.9
109.1
550.4
73.8
727.8
109.1
541.3
65.8
808.4
126.1
614.9
72.7
826.2
119.6
570.8
72.6
863.6
122.2
637.8
75.8
842.4
119.3
611.5
75.4
812.6
87.5
601.6
78.4
820.0
113.9
652.7
82.8
936.5
115.3
608.6
76.7
892. 8
do
do
do
5, 643. 2
2, 099. 1
2,174.9
6, 644. 8
2, 268. 1
2, 504. 3
625.4
186.6
217.1
607.2
187.8
196.4
507.7
188.7
227.2
502.7
174.5
210.3
581.6
193.6
199.3
621.3
213.9
220.2
597.6
198.6
204.1
583.7
225.2
247.6
539.1
191.9
199.8
537.7
177.6
186.9
638.6
205.1
207.9
626.5
193.9
203.7
do
do
157.7
438.1
189.1
401.0
22.6
30.8
24.3
31.3
13.2
37.2
16.5
31.1
12.7
32.5
15.3
41.2
13.0
33.4
12.3
34.9
7.2
50.5
7.8
34.4
7.5
43.2
11.3
40.7
do
do
do
do
799.4
928.0
335.9
91.1
662.9
929.3
238.7
i 45.7
48.5
63.0
16.8
3.8
54.7
71.5
17.4
4.0
60.8
68.3
31.8
3.7
63.3
83.4
14.9
3.8
54.7
74.3
20.4
3.9
57.2
71.9
27.1
4.1
63.7
53.0
25.3
3.4
50.3
78.3
27.1
3.9
66.2
100.4
32.8
3.5
70.1
84.4
30.7
5.0
68.0
82.8
44.7
4.2
67.2
80.7
25.2
3.5
do
do
do
59.9
41.6
348.0
348.5
2, 080. 2 2, 365. 1
2.4
26.9
176.3
3.0
30.5
190.7
8.7
27.6
175.9
4.1
29.1
204.7
6.6
27.8
205.1
5.5
32.8
218.2
7.9
28.1
231.5
10.8
38.7
235.4
6.7
33.8
207.1
4.4
31.0
218.2
10.3
35.9
228.1
5.3
36.8
905 9
do
do
do
970.7
12.4
1,649.6
1, 007. 1
24.9
1, 674. 0
86.6
3.4
147.8
80.7
.6
134.2
79.7
.6
124.6
67.8
1.8
131.6
87.1
3.3
138.9
84.3
1.5
138.2
80.9
1.1
141.8
87.3
1.6
124.2
86.4
2.0
130.6
87.6
1.6
128.5
108.6
4.7
179.0
92.5
5.9
163. 1
do
do
do
891.1
45.2
1,615.1
913.7
41.7
1, 736. 7
79.1
6.2
139.3
76.2
5.2
131.2
67.1
2.8
132.2
70.6
.5
119.0
79.1
1.0
156.5
74.0
1.3
141.1
77.9
6.6
143.1
76.6
2.2
165.2
76.7
4.4
145.4
78.8
8.7
146.9
88.7
7.1
165.1
77.7
3.4
173.6
Beginning Jan. 1966, excludes data for Singapore.
reflect adoption of revised export schedule; in some instances, because of regrouping of commodities and release of some "special category" items from the restricted list, data for commodities and countries are not comparable with those for earlier periods.
ABeginning
with the Jan. 1967 SURVEY, data for regions and countries (except India and Pakistan) are
restated to include "special category" shipments, formerly excluded.
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1967
1966
1966
May
Annual
July 1967
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
Exports (mdse.), incl. reexports— Continued
By leading countries — Continued
North and South America:
Canada
mil $
Latin American Republics total 9
do
5,642. 8
3,871.7
6, 661. 0
4, 234. 9
625.4
361.4
607.2
341.7
507.7
372.5
502.7
342.8
579.9
346.0
621.2
383.3
597.6
350.0
583.7
539.0
537.6
638.5
626.4
400.0
347.6
319.4
360.7
351.3
19.8
53.5
23.6
17.3
40.9
21.2
16.8
0
105.4
44.4
13.4
0
101.2
55.6
Argentina
Brazil
Chile
do
do
do
267.5
347.9
237.4
244.3
579.4
255.2
18.9
51.6
24.7
16.2
34.9
23.4
19.4
54.0
21.8
19.3
55.8
22.5
16.5
47.4
15.7
21.7
51.9
17.8
26.7
42.1
19.2
37.6
63.6
24.8
19.0
42.8
21.7
25.9
39.5
16.0
Colombia
do
Mexico
Venezuela
do
do
198.5
0)
1,105.9
625.6
287.0
0
1, 180. 2
598.0
28.1
0
98.3
49.8
25.6
0
96.8
52.1
28.5
0
101.6
56.5
24.6
0
89.4
46.1
22.5
0
101.5
53.5
23.6
0
113.6
52.4
22.2
0
98.4
46.6
23.3
0
103.4
49.9
19.2
0
102.8
49.0
23.1
0
90.8
43.0
9, 899. 1 , 566. 7 2, 530. 0 , 395. 6 , 314. 7 , 456. 8 , 655. 6 , 593. 5 ,689.0
8, 958. 6 , 455. 7 2, 428. 3 , 295. 7 , 244. 0 , 388. 8 , 586. 4 , 538. 4 , 618. 1
491.0
571.0
621.7
632.0
569.0
697.7
6, 884. 5
551.1
549.6
3, 014. 6 , 017. 1 , 978. 9 , 904. 6 , 743. 7 , 887. 8 , 033. 9 , 895. 8 2,057.1
, 516. 7
, 438. 4
531.6
, 985. 1
Exports of U.S. merchandise, total Ot
Excluding military grant-aid
do
do
Nonagricultural products, total
do
By commodity groups and principal commodities:*
Food and live animals 9
do
Meats and preparations (incl. poultry) -.do
Grains and cereal preparations
do
Beverages and tobacco
Soybeans, exc. canned or prepared
Animal and vegetable oils, fats, waxes
7, 135. 3
6, 356. 5
6, 228. 6
0, 906. 7
4, 003. 1 4, 566. 7
158.9
161.8
2, 636. 6 3, 189. 3
375.1
10.6
264.5
377.7
12.4
266.9
346.5
11.3
248.9
386.3
13.8
277.7
398.2
14.2
273.9
393.5
18.6
260.5
394.4
17.0
269.0
352.1
11.6
241.2
334.4
11.0
228.0
, 459. 7 , 801. 1 2, 680. 9 2, 697. 9
, 389. 5 , 762. 6 2, 630. 5 2, 653. 2
524.2
513.6
552.2
, 946. 1 , 248. 9 2, 156. 7
308.2
12.8
196.9
358.3
12.9
242.5
327.8
11.6
212.1
do
517.0
623.7
29.9
33.9
49.4
62.1
71.2
73.9
74.7
78.5
39.6
41.3
47.6
59.2
54.2
3, 072. 2
432.2
759.9
421.8
256.5
26.3
66.3
39.5
255.3
22.1
67.7
37.9
216.7
18.3
40.7
40.6
230.4
39.8
36.7
36.9
225.5
40.4
18.7
40.7
286.1
34.9
92.0
42.2
337.9
59.7
124.7
35.1
312.2
72.4
85.5
31.2
276.7
56.6
67.2
29.8
280.7
53.8
62.9
34.7
288.2
47.9
54.2
47.3
263.0
34.2
65.3
41.7
291.7
do
2, 855. 5
486.2
650.1
434.2
946.5
494.3
417.6
977.5
493.3
435.6
78.4
41.6
32.8
91.8
49.7
38.2
81.9
39.2
39.2
89.8
49.3
35.9
96.6
49.6
42.0
92.0
48.6
41.0
82.5
42.1
37.2
75.9
34.2
38.5
68.9
29.3
31.2
81.4
39.1
36.9
76.4
33.3
38.0
84.4
4? 0
38.6
93.3
471.6
356.0
37.0
32.3
29.1
33.8
26.7
21.6
27.7
32.6
21.4
32.2
33.4
29.2
32.1
242.5
234.2
249.0
325.5
47.4
54.5
61.5
309.3
44.9
50.2
55.9
293.7
959.6 1, 157. 2 1,116.9
,115.5
do
Chemicals
do
2 401 7
2, 675. 9
233.0
232.2
242.5
227.7
218.5
218.0
218.1
235.9
227.1
215.2
Manufactured goods 9
Textiles
Iron and steel
Nonferrous base metals
do
do
do--_
do
3, 256. 9 3, 434. 2
554.2
527.8
557.5
629.0
582.4
539.3
300.4
47.1
46.4
53.2
290.7
47.6
47.9
47.3
282.3
43.0
43.5
58.3
273.0
42.4
40.3
52.0
277.4
44.3
41.7
44.6
294.6
48.5
48.5
45.2
276.1
47.3
47.8
35.1
294.8
50.6
54.8
40.0
289.9
48.0
57.1
47.1
285.6
42.1
52.8
49.5
total
mil. $-. 10, 147. 1 11,164.3
961.8
935.3
882.5
795.7
885.5 1, 039. 8
937.7 1, 050. 0 1,005.9
6, 702. 1 7, 445. 9
628.5
634.1
337.9
331.7
970.6
932.9
1, 659. 7 1, 898. 8
660.6
61.1
30.9
82.6
165.4
630.2
56.8
28.5
79.6
161.3
623.4
54.9
25.9
85.5
154.6
551.9
44.2
26.5
74.6
140.8
601.2
44.5
27.8
72.4
163.2
655.5
49.1
31.0
85.6
173.2
619.6
44.9
26.8
87.3
164.8
669.0
46.2
34.3
82.1
169.9
653.7
53.9
28.2
82.4
165.6
643.0
57.7
25.9
86.5
166.0
741.9
69.6
30.0
96.4
188.6
726.3
64.1
32.9
95.8
185.6
3, 445. 0 3, 714. 6
1, 975. 5 2, 386. 5
301.2
193.3
305.2
184.8
259.1
162.3
243.8
149.8
284.3
200.4
384.3
249.5
318.1
241.5
381.0
247.5
352.2
226.2
316.6
201.3
415.3
254.1
390.6
241.0
„_
Machinery and transport
equipment,
Machinery total 9
p
QU p
General imports, total J
do
i, i tai —
_
~9
__
By geographic regions:
Africa...
do
21,365.6 25, 550. 3 2,074.4
2,062.6
do
877.6
4, 528. 1
453.1
6, 292. 2
2,188.6 2, 072. 0 2, 180. 2 2,294 2 2, 278. 4 2, 257. 7 2,240.1 2, 261. 8 2, 003. 5 2, 355. 9 2,091.1 2 222. 4
2,135.0 2,204.6 2,112.6 2,301.2 2,262.4 2,191.5 2,231.2 2, 295. 6 2, 204. 1 2, 184. 7 2 224 0 2*118 6
978.0
5, 278. 7
593.5
7, 863. 9
102.5
416.2
41.4
644.4
75.7
449.8
69.0
656.8
79.4
448.8
50.8
629.3
75.0
518.7
57.1
644.8
90.0
507.7
64.3
684.7
72.9
438.9
54.0
728.7
69.8
471.9
43.2
757.7
79.8
405.2
42.1
702.1
84.6
460.2
47.4
' 702. 7
94.7
359.9
41.2
628.0
95.6
463.5
44.9
729.8
78.4
421.4
46.7
608.5
4, 837. 1 6,131.2
1,741.7 1,912.2
2, 623. 8 2, 785. 2
511.4
156.1
219.6
554.6
155.5
230.7
477.1
149.6
236.1
516.2
156.0
212.4
538.4
135.9
271.2
560.9
167.3
254.9
536.4
154.4
224.1
627.6
168.7
214.4
526.8
181.0
257.7
497.7
163.5
217.9
597.8
201.2
222.5
544.4
176.4
214.9
16.1
225.9
17.6
250. 5
.8
37.2
2.0
21.9
1.4
23.1
.6
15.5
1.1
34.4
.3
15.0
1.2
19.4
.9
22.9
.7
15.0
.6
27.7
.9
21.9
.2
19.2
313.7
348.1
44.8
211.9
165.2
369.1
2, 413. 9
398.7
237.0
67.8
2176.7
179.0
397.6
2, 964. 5
27.0
27.6
5.9
15.4
16.0
21.8
234.8
50.2
26.9
5.1
13.0
18.2
35.2
245.9
30.3
23.0
6.0
12.9
11.7
40.6
256.5
35.4
27.3
4.5
18.2
16.1
39.2
303.9
44.4
30.5
6.1
16.4
15.1
45.2
281.5
43.0
29.6
6.3
13.4
13.6
22.2
255.8
28.9
25.5
5.4
19.1
13.1
33.3
272.9
29.9
27.4
4.7
13.8
14.9
23.3
227.6
36.6
28.5
7.6
17.7
12.2
29.0
257.4
30.2
21.1
4.8
10.8
15.3
22.9
193.2
27.2
29.4
6.4
18.8
17.5
36.3
251.5
35.1
23.4
4.1
16.1
13.7
34.3
228.7
615.3
6.5
1,341.4
do—619.7
42.6
do
1, 405. 2
698.0
8.2
1, 796. 8
743.0
49.4
1, 785. 6
61.3
.8
141.7
58.4
4.5
149.7
58.5
.6
151.3
64.9
4.5
144.1
58.4
.7
149.4
61.2
5.0
138.6
60.0
.4
144.0
71.8
6.1
148.4
56.6
1.2
169.4
60.4
3.1
166.0
65.0
1.0
163.3
71.1
4.4
174.6
66.6
.8
175.9
73.6
4.0
178.7
56.5
.4
163.5
66.2
4.1
165.5
58.3
2.1
172.2
57.7
6.4
147.4
49.5
.4
142.8
61.9
1.9
133.7
57.9
.3
160.3
77.7
6.0
147.1
52.8
.2
131.7
66.1
2.4
123.5
4, 831. 9
6, 124. 7
510.8
554.3
476.4
515.0
537.4
560.1
536.3
627.4
526.3
497.6
597.5
544.3
3, 674. 8
3, 969. 9
318.3
326.1
327.9
301.0
351.3
354.8
324.9
317.8
365.9
319.8
344.6
331.7
122.1
512.4
209.4
148.8
599.7
229.1
13.7
43.1
18.0
14.5
48.1
17.9
11.3
42.3
20.0
12.4
25.5
17.4
12.0
87.8
24.9
11.5
79.3
19.6
13.1
46.7
21.3
12.3
42.4
14.8
14.8
52.1
14.7
10.4
36.0
25.8
13.5
43.2
11.4
9.6
38.4
15.5
15.0
20.1
244.8
26.8
276.7
0
0
0
0
0)
54.6
750.2
58.7
64.8
638.4
90.9
84.6
69.0
1,018.0 1, 002. 4
r
Revised.
pPreliminary.
1 Less than $50,OOC).
2 Be£ginning Ja n. 1966, <excludes data
for Singapore; such shipments amounted to $1.0 m il. in that month,
tRevi sions for Jan.
1964-Nov.
1965
will
be
shown
later.
9lnclud<
js
data
n ot shown separat ely.
C)See
22.8
0
56.5
87.1
20.6
0
48.9
70.8
13.4
0
59.4
78.4
15.6
0
66.8
81.2
19.0
0
69.3
80.1
25.3
0
70.3
100.7
18.8
0
65.2
82.0
18.9
0
70.5
85.9
19.7
0
71.7
90.2
Australia and Oceania
Europe
do__.
do
Northern North America
do
South America
By leading countries:
Africa:
United Arab Republic (Egypt)
Republic of South Africa
Asia; Australia and Oceania:
India
Pakistan
.__
Malaysia
Indonesia
Philippines
_
Japan
Europe:
France
East Germany
_..
do
_.
.
do
do
North and South America:
Canada
Argentina
Brazil
Chile
Colombia
Cuba
Mexico... _ _
Venezuela
do
do
_ _ . do._
do
do
do—
do
do
Italy
Union of Soviet Socialist Republics
do
_
__
_
__
.
333.3
do
do
do
do
do
do
do
i
simil ar note on p. S-2 I.
*N(jw Series . Comparable d ata prior to 1965 i or the groups are
not a vailable; data fo r indivic ual com modities may be obtaine d from Ibureau of Census
repor ts.
SURVEY OF CURRENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964 1965 1 1966
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
Annual
S-23
1967
1966
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value — Continued
General imports— Continued
By commodity groups and principal commodities:*
338.6
375.7
381.3
356.9
362.0
431.5
389.6
335.8
405.9
4 083.6 4 530 5
361 1
364.6
Agricultural products total
mil $
415 3
17, 282. 0 21,019.8 1 713 3 1, 799. 0 1, 733. 4 1, 844. 4 1, 888. 3 1, 897. 1 1, 900. 8 1, 878. 1 1, 846. 5 1, 638. 8 1, 924. 4 1, 715. 4
Nonagricultural products, total
do
Food and live animals 9
Cocoa or cacao beans
Coffee
Meats and preparations
Sugar
do
do
do
do
do
3, 459. 6
120 5
1 058 5
426.5
442.5
3, 947. 5
122 2
1 067 3
599.5
501.2
313.8
12 6
91 1
40 7
30.1
340.4
6.2
80.1
65.4
47.3
309.4
9.3
74.5
46.2
61.7
299.0
4.6
63.7
53.9
45.4
372.3
5.2
98.9
57.1
73.3
358.2
6.7
99.9
58.4
48.1
326.3
7.9
72.7
48.8
40.9
330.8
12.8
75.8
50.1
35.4
355.4
24 5
92 6
54 3
33 6
314.1
25 9
74 5
47 5
37 0
369.0
20.8
93.8
51.4
46.2
322.6
11.7
76.9
44.3
54.4
296.2
Beverages and tobacco
do_ __
553.2
641.7
48.2
46.2
36.1
41.8
53.3
64.7
66.5
53.6
60.0
49.9
63.6
62.4
55.5
Crude materials, inedible, exc. fuels 9
Metal ores
_
Paper base stocks
_.
Textile
fibers
Rubber
do
do _
do
do
do
3, 046. 6
915.4
421.9
435.4
188.1
3, 265. 6
1,019.8
449.3
436.3
180.9
282.5
88.3
38.4
35.7
16.6
305.1
96.1
39.7
41.6
17.5
261.7
85.2
38.4
30.3
11.5
306.9
110.9
42.9
32.9
16.3
280.4
101.9
35.2
28.5
13.5
265.0
105.2
38.0
26.0
14.8
270.1
102.9
37.5
25.6
15.3
251.0
79.4
38.9
26.9
12.9
254.0
75.3
37.6
29 6
17 3
210.8
61.2
33.3
24 9
14 1
254.5
62.8
39.8
32 0
21 2
226.3
62.7
32.4
25.2
13.6
250.7
Mineral fuels, lubricants, etc
Petroleum and products
do
do
2, 221. 5
2, 092. 5
2, 262. 0
2, 127. 1
169.8
155.8
193.8
183.3
188.1
181.5
204.5
190.3
182.9
169.9
182.6
173 7
181.5
170.1
182.5
173 0
226.7
212 7
186.7
172 3
211.8
197 2
193.8
179 1
194.7
Animal and vegetable oils and fats
Chemicals
do
do
116.5
768.8
146.2
964.0
11.4
85 9
12.6
85.3
8.2
71.9
12.6
78.7
10.5
95 1
11.9
79 4
12.8
80 5
13.1
74 7
14 2
82 4
14.8
80 0
11.3
90 2
8.0
83 7
8 2
85 1
5, 555. 4 6, 353. 9
789.6
889.5
800.4
908.5
1, 234. 7 1, 305. 0
1, 266. 8 1,551.7
567.6
78.4
83.1
123.5
135.2
541.5
81.0
71.8
118.5
125.3
555.3
63.9
75.8
129.3
131.5
566.0
76.0
79.1
131.2
135 0
579.9
81.0
80.4
134.4
139 3
564.2
78.8
75.5
116.6
136 0
581.9
77.9
67.2
140.2
147 4
513 5
75 4
69 3
99 2
133 5
522 1
72 g
80 9
101 6
128 9
471
64
60
98
122
7
6
4
2
6
531 9
71 4
76 7
114 4
129 7
490 8
68 9
69.8
105 6
122 3
551 7
497 1
Manufactured goods 9
Iron and steeL
Newsprint...
Nonferrous metals
Textiles . ...
._
Machinery and transport equipment
Machinery, total 9 Metalworking
Electrical
do
do
_do
do
do
_do _ _ 2, 947. 8
do
do
do
4, 827. 6
385.8
404.5
366.9
378.4
416.7
434 7
454 5
547 8
484 4
434 7
537 2
430 4
1, 746. 2 2,618 4
63.5
135 3
639.6 1,015 9
205.6
9.7
71.2
216.0
10.7
76.6
212.0
12.0
80.7
238 5
14 8
98 9
225 0
10 7
99 5
243 6
12 9
103 5
267 7
17 2
117 8
261 9
16 8
107 3
242 0
16 3
85 9
232 5
14 3
87 5
286 1
19 8
103 7
234 1
17 5
80 7
180.2
116.3
188.6
135.2
154.9
117.2
139.9
90.2
191 7
137.9
191 1
147.0
186 8
147.8
285 8
239.3
242 4
195 9
202 1
164 1
251 1
196.4
196 2
151.1
162
171
105
p 158
v 169
p 107
176
187
101
J>185
P177
* 101
186. 093
18, 531
16, 147
1,540
16, 763
1,520
14, 865
1,508
17, 003
1,513
17, 025
1 500
16, 979
1,648
16,012
1 652
14 120
1 637
264, 538
17, 302
20, 616
1,408
24, 337
1,503
22, 954
1,439
26, 177
1,551
24, 044
1 602
24, 603
1,519
23 292
1 536
20 210
1 383
Transport equipment
do
1, 201. 5
Automobiles and parts
do
810.1
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Quantity
1957-59 = 100..
144
Value
do
152
Unit value
do.
.
106
General imports: d"1
Quantity
do
153
Value
._
_ . do
152
Unit value...
do
99
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):!
Shipping weight
thous. sh. tons.. 171,730
Value
mil. $.. 16,926
General imports:
Shipping weight
__thous. sh. tons.. 255,754
Value
mil. $_. 14,943
2, 209 3
1, 617. 7
TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly total) :
Operating revenues, total 9 _ Passenger.
_
Property.
U.S. mail (excl. subsidy)
Operating expenses (incl. depreciation)
Net income (after taxes)
.
Opera ting results:
Miles flown (revenue)
Express and freight ton-miles flown.
Mail ton-miles
flown
.
Passengers originated (revenue)
Passenger-miles flown (revenue)
Express Operations (qtrly.)
Transportation revenues
Express privilege payments
mil. $
3,306
3 97S
2,933
3,706
997
3.261
886
64
22
836
88
do
do
do
do
do
218
74
2,886
223
242
91
3,250
240
mildo
do
do
bil
941.0
921.6
219.6
71.4
49.2
1,010.9
1, 081. 7
282.4
81.1
57.1
mil. $._
do
431.4
119.3
430.8
111.7
'21.6
6,798
1,444
' 21.9
6,671
Local Transit Lines
Fares, average cash rate
cents
Passengers carried (revenue)
mil
Operating revenues (qtrly. total)
mil. $
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. total):
Number of reporting carriers.
Operating revenues, total
mil". $
Expenses, total
do
Freight carried (revenue)
mil. tons..
2
1, 105
7,112
fi 73fi
91.0
98.4
22.4
7.2
4.9
831
50
20
736
48
90.6
102.5
23.2
52.3
59.8
17.9
5.1
3.9
8.0
5.7
5.4
4.2
590
'21.8
567
92.4
97.4
23 0
7.2
5.1
'21.9
502
'21.9
529
'21.9
552
i 1, 030
i 904
69
28
890
60
96.1
105 9
24 6
7.3
5.0
91.7
101 2
26 3
7 1
4.7
107.3
28.0
97
104
36
7
5
3
4
5
5
5
* 24
i 951
i 39
96.6
87 1
24 9
7 4
53
88
85
24
6
4
9
5
5
7
6
115 2
29 2
'21.9
583
'21.9
570
100.8
108 8
28 2
80
55
101 2
3 24 0
' 22 0 '22 1
582
102.6
105 8
29 9
' 8 4
59
553
22 2
520
22 2
595
22 2
561
22 3
593
1,163
1,979
428
120
;; Revised.
p Preliminary.
i As compiled by Air Transport Assn. of America.
- Number of carriers filing complete reports for the year.
3 Payments of $2.6 mil. have
been deferred until 2d quarter 1967.
9 Includes data not shown separately.
*New series, replacing imports for consumption data formerly shown. Comparable
monthly data, beginning Jan. 1965, will be shown later
61.1
66.4
20 5
104.4
28.9
'21.8
1,002
992
870
823
730
^Beginning Jan. 1965, indexes are based on general imports, instead of imports for consumption as formerly.
§Excludes "special category" shipments and all commodities exported under foreign-aid
programs as Department of Defense controlled cargo.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1967
1966
1966
Annual
July 1967
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity) — Continued
Freight carried, volume indexes, class I and II
(ATA):
Common and contract carriers of property
(qtrly )
average same period 1957-59—100
Common carriers of general freight, seas, adj.*
1957-59=100.Carriers of passengers, class I (qtrly.) :§
159.4
161.2
144.3
156.0
1156
610.3
516.7
218.3
1156
641.0
545.8
223.2
29, 248
5,555
428
1,978
2,662
29,618
5,590
432
1,996
2,877
2,434
464
36
163
206
2,965
2528
242
2201
2283
2,175
360
33
150
236
2,357
469
32
158
232
2,985
2570
241
2193
-9260
2,526
485
32
154
234
2,333
443
32
146
233
125
Livestock
- - do
1,956
Ore
--- do
459
Merchandise l.c.l
. _-do._ _
16, 084
Miscellaneous
. . . .. .do
Freight carloadings, seas. adj. Indexes (Fed. R.):
97
Total
1957-59=100..
97
Coal
do
100
Coke
do
103
Forest products
- - - do
97
Grain and grain products
do
40
Livestock .
-.
do
95
Ore
-do
20
Merchandise l.c.l
.
do
100
Miscellaneous
do
Financial operations (qtrly.):
Operating revenues, total 9
mil. $_. 10,208
8,836
Freight
do
553
Passenger
do —
7,850
Operating expenses
do
1,396
Tax accruals and rents
- _
_ _ __ __do
962
Net railway operating income. ...
do
815
Net Income (after taxes)
do
Opera ting results:
Ton-miles of freight (net), revenue and nonrevenue (qtrly.). ._
,..
bil.J 709.3
697.7
Revenue ton-miles*
do
110
2,131
322
16, 159
7
226
25
1,307
27
2299
2 31
1,574
5
226
23
1,143
7
232
24
1,202
215
2292
232
1,583
19
203
26
1,373
14
155
24
1,286
96
95
98
102
105
35
102
14
99
100
105
108
107
111
32
105
13
101
95
98
106
103
102
31
91
13
97
94
98
118
103
89
31
89
13
96
94
100
107
98
105
34
91
13
95
95
94
100
99
103
36
99
13
98
94
96
91
97
100
37
92
13
96
97
95
88
98
104
40
130
13
100
n- i «it * f, . . . "' t t l
Passengers carried (revenue)
Class I Railroads
Freight carloadings (AAR):
Total cars
Coal
Coke
Forest products
Grain and grain products
,i l $ ~
mil
thous
- - do
do
do
do
1.266
Passengers (revenue) carried 1 mile (qtrly.) . .mil.. 17, 389
Waterway Traffic
Panama Canal:
Total
thous. Ig. tons._ 78. 927
9,080
In United States vessels
do
Travel
Hotels:
9.71
Average sale per occupied room
dollars..
62
Rooms occupied
% of total..
112
Restaurant sales index.-.same mo. 1951 = 100..
Foreign travel:
U.S. citizens: Arrivals
thous . 3,351
3,341
Departures
do...
2,093
Aliens: .Arrivals
do
1,819
Departures
do
1.330
Passports issued and renewed
do
36, 509
National parks visits
do
Pullman Co. (qtrly.):
2,014
Passenger-miles "(revenue)
mil34.55
Passenger revenues
mil. $.
COMMUNICATION (QTRLY.)
Telephone carriers:
11,750
Operating revenues 9 _ mil. $.
6,272
Station revenues
do.__
4,188
Tolls, message
do...
7,076
Operating expenses (before taxes)
do.__
2,091
Net operating income
do ...
81.5
Phones in service, end of period
milTelegraph carriers:
Domestic?
305.6
Operating revenues
.mil. $.
Net operating revenues
International:^
Operating expenses, incl. depreciation
do.__
do._-
163 3
155.0
159.8
155.7
156.2
156.7
155.7
153.6
155.7
150.2
134.3
141.6
2,624
2553
238
2175
2252
2,049
438
29
148
201
2,054
434
29
158
193
2,660
2528
234
2205
2249
2,221
458
28
155
170
2,282
459
29
158
161
2,728
210
2108
228
21,460
6
67
20
1,139
4
68
20
1,149
27
291
225
1,520
5
121
21
1,263
5
197
20
1,253
25
2268
225
2 1, 476
99
95
87
103
109
38
129
13
101
97
95
82
105
99
32
116
12
100
96
96
78
107
94
29
104
11
98
96
97
74
109
100
30
96
11
98
96
104
80
103
88
24
116
11
98
93
102
87
102
85
23
92
11
95
90
100
85
99
80
25
83
11
92
177.2
1.256
3,567
356.6
358.3
2370.1
7,841
767
155.5
156
155.0
136.5
56.1
156
210.6
159 4
65 2
156
149.3
128 4
52 7
10, 655
9,281
544
8,117
1,492
1,046
902
2,728
2,394
132
2,033
395
300
259
2,690
2,311
165
2,031
391
268
227
2,718
2,368
125
2,098
356
263
244
750.5
738.3
1.257
17, 095
192.3
189.9
1 261
4,151
186.7
186.1
1 242
5,427
189.7
186.1
1.272
3,880
2511
234
2192
2216
2,536
2,226
117
145
121
83, 019
9,630
6,847
798
7,065
925
7,071
804
7,480
809
6,795
731
6,962
863
6,549
692
6,744
750
7,013
815
6,929
670
7,909
819
7,136
702
7,778
943
10.03
62
115
9.73
67
127
10.43
65
122
9.46
56
114
10.49
65
111
10.45
65
118
10.86
69
113
10.41
60
108
9.35
49
118
10.03
59
106
10.22
62
114
9.79
64
122
10.98
67
123
10.41
64
128
3,881
3,759
2,413
2,040
1,548
38,490
333
308
195
163
200
2,625
356
459
208
188
210
5,492
397
486
261
211
149
8,730
571
396
262
231
132
8,582
387
322
268
204
94
3,872
311
250
217
187
73
2,664
251
217
181
157
71
1,329
236
248
177
183
67
851
273
258
185
133
100
932
254
275
149
123
111
941
322
325
191
154
188
1,380
197
1,711
224
2,417
1,969
33.80
449
7.66
650
11. 07
397
6.91
403
6 97
12,904
6,699
4,761
7,713
2,317
86.0
3,210
1,669
1,185
1,890
589
83.6
3,260
1,676
1,216
1,935
592
84.9
3,330
1,717
1,237
2,038
580
86.0
3,356
1,732
1,245
2,040
584
87.0
267.4
23.8
319.3
275 5
24.9
80.2
67 8
6.6
80.5
71 1
5.5
81.7
69.7
7.5
81.5
71.8
4.3
112.2
87.0
21.0
121.4
90.4
27 1
29.9
22.1
68
31.3
22.7
31.4
23.8
6.6
31.2
23.9
6.3
r
Revised.
v Preliminary.
1 Number of carriers
filing complete reports for the year.
3
Data cover 5 weeks; other periods, 4 weeks.
Preliminary estimate by Association of
American Railroads.
*New series. The monthly motor carrier index (ATA) is based on a sample of carriers
that represents approximately one-third of the class I and II common carriers of general
freight; monthly data back to 1955 are shown on p. 40 of the July 1966 SURVEY. Railroad
revenue ton-miles are compiled by Interstate Commerce Commission.
2
157.3
155.8
154.9
150.9
219
5,674
§Effective 1st qtr. 1965, carriers reporting both intercity and local and suburban schedules
are classified as intercity if intercity revenues equal or exceed 50 percent of revenues irom
both operations.
9 Includes data not shown separately.
^
_ ,
•*•„„!
tf Comparability of data between periods shown has been affected by organizational
changes: certain operations reported prior to 1965, and others reported through micL-iVK>5,
are no longer covered.
S-25
SURVEY OF CURRENT BUSINESS
July 1967
1 3G5
Unless otherwise stated, statistics through ISfi4
and descrintive notes are shown In the 1965
edition of BUSINESS STATISTICS
May
An. ma!
1967
1966
1066
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Mar.
Apr.
1, 225
1,195
928.7 1,032.2
84.7
'93.9
589. 0 r'648.1
138.8
126.7
521.3 ' 544.3
17,072 r r18,899
424,8
404. 9
9883
90.7
616.4
132.9
529.1
17618
433.5
Feb.
Jan.
May
June
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Acetylene
in 11 en ft
Ammonia, synthetic anhydrous (commercial)
16, 745
16, 839
1 , 395
1,360
976 1
889 8
8 710 9 10 661 1
110 1
118 8
1 077 7 1 298 2
587, 4
560.5
Chlorine, gas (100% C12)
do. . . . 6, 478. 7 r 6, 916. 0
121.4
132. 6
1,368.1 l , 504. 8
Hydrochloric acid (100% 1TC1)
.- -do
394. 9
428. 9
Nitric acid (100% HN'Os)
do. ... 4, 889, 7 5, 333. 0
182, 031 214, 853 18,634
17,868
Oxygen (high purity)
mil en. ft
406 9
360 8
3 904 6 4 531 2
PhosDhorie acid (100^ PsOO
thous sh tons
Sodium carbonate (soda ash), synthetic (58%
459 6
433 1
4 928 0 5 073 2
VioO)
thous sh tons
138 9
11 6
11 9
141 0
595 9
695 9
6 796 4 7 342 0
^odium hvdroxide C100% \aOTI)
do
Sodium silicate (soluble silicate glass), anhydrous
thous sh tons
fi09. 1 39 2
49. 9
587.8
Sodium sulfates (anhydrous, refined; Glauber's
118.4
salt' •"•rude saltcake)
thou^. sh. tons. 1,407.9 ' 1, 427. 4 9 123.8
314 9 2178. 3
24 789 5 27,186.5
Sulfurie icid (100% HsSOi)
do
1
V I
1
Organic chemicals, production:^
\cetic anhydride
\cetvlsaHcyllc acid faspirin^
Creosote oil
1
1,323
1, 464
1,471
1,426
855 6
129 8
577.4
127.8
395. 3
17, 347
361 2
857 2
134 0
585. 6
124.8
420. 9
18,167
374 9
847 8
115 4
570. 0
125. 0
423. 7
18, 125
353 2
822 2
113 9
005 2
135.5
469 2
19,178
388 0
431 7
11 3
606 7
417 2
11 9
f]17,4
400 7
11 9
605 7
445 2
12. 9
649.0
47 5
56. 0
53.9
1,399
1,409
1,234
1,167
911 4 1 049 6 994. 9
96.2
91 6
106 9
599. 6
633, 1
615. 2
129. 5
135.4
133. 6
497 5
531.8
512. 5
18, 534 18, 343 18, 333
374. 3
406.7
391.6
403. 2
9.3
634.1
55. 1
52.8
115.0
120.5
118.1
116 6
2 233 6 2/209.2 2,162 8 2,316.0
112.8
2,347.2
424 4
91
657.2
391. 2
11.5
656. 9
51.1
47,9
117.0
114.0
2,447.0 2,356.1
350 6
11,8
596,0
r
r
429.4
11.6
' 660.0
408.7
11,2
637.9
' 53.6
45.8
48,3
9
115.5
106.1 '121.7
330 3 '2,480.8 2,440.0
1,531.7 '1,600.9
34.1
29 0
2 108. 4 i 112.7
122.3
2 9
9 7
137. 9
2,9
9.0
115 9
2 4
9 5
134 0
2 4
10 0
125.7
2 9
9.9
126.8
3.2
8,8
137. 0
2,7
9.6
137.3
3 4
10.0
129.8
2.9
99
114 7
2 ?
7 2
108. 4
2.9
10.6
129. 7
2.9
11.4
141.5
144 6
107.3 i 121.6
'3 085.5 i 3, 627. 1
14 0
10,5
296. 1
11.4
9.1
315.4
}9 2
8.7
274 6
99
9 4
320 7
9 3
10.9
291.9
11.5
9.7
318.8
10.3
12.8
309. 6
10 9
12.1
308.3
9.9
10.9
300. 9
10 1
8.3
289 8
9.7
10.7
321,8
9.4
12.4
303.9
353.2
24.7
* 433. 3
579.1
365. 6
20. 0
i 485. 6
i 674. 8
29.9
20.8
36.7
57.1
32,4
20. 1
33,2
55.7
g
4
8
7
31 5
2i 8
41.2
56 2
30.5
21.7
41.2
57, 6
32. 4
i?2. 4
43.1
58. 4
35. 2
24, 3
42. 8
59.9
30 8
26 0
48.1
58.7
30 9
27. 5
42.2
58 3
26
27
41
53
5
3
0
6
30.9
27.0
44.5
57.6
31 0
27.2
39.8
59 8
mil. tax gal
. do
do
do
710.1
200. 5
589 5
70.0
659. 1
204.0
570 0
74.7
52 9
207.0
46 9
7.1
50.8
207. 9
48.6
6.1
53 I
"MO 3
40 9
4,8
48 0
9()5 3
48 3
6.4
53 1
201.5
43 9
7.0
65.2
196.9
50 9
8.9
59. 6
199.0
47 7
6.8
59 4
204 0
48 0
5.2
57 0
203 1
56 6
5.1
49 1
905 1
41 9
5.0
56 3
204.1
51 6
6.7
59 5
209 5
39 8
6.5
mil. wine- ^al
do
do. ..
315.9
315 2
5.4
307. 3
310 0
3.5
25 3
95 q
37
26. 2
26 4
3.3
99 1
99
3
30
6 0
°6 1
9 9
">3 6
3.0
27 8
26 7
4.0
25. 8
26 5
3.2
25 9
26 2
35
30 4
30 7
3 2
99 ^
9 g
22 6
27 9
26 8
38
10 810
1 196
8, 104
1,053
14,219
9
303
10.018
1 000
1 174
192
854
73
1,086
128
736
115
1 378
140
1 000
115
1 194
\79
821
104
1 155
197
808
85
1 131
193
805
83
1, 497
443
864
58
1 439
216
1,019
94
1 273
118
979
136
1 198
118
8.V4
108
1 166
137
922
83
1 171
40
943
77
177
181
1,780
398
154
160
2, 382
321
15
10
175
43
10
5
82
32
12
g
118
33
1°
5
214
(t\
11
8
237
34
13
10
260
13
14
20
228
13
12
12
175
35
11
20
221
9
9
"9
213
30
19
32
244
22
28
19
308
2°
3 342
3 991
308
147
158
9
72
472
372
282
286
351
9
96
504
611
3,834
469
4,431
624
402
383
365
520
337
647
334
658
328
572
367
552
370
612
395
624
403
602
406
637
439
6°3
r 599
.8
1,459,4
.5
1,753.1
•' J69 3
1, 246. 7
922 6
2 364 4
1, 312. 4
1 052.0
2'?2 2
127.8
94 4
934 i
1 39. 3
94.8
202 5
121 9
80 6
i 7 336 T i g 24°
3, 425
2,704
708
3, 021
684
2, 984
15 6
17 5
6 1
55 2
55 1
31 7
38 8
78. 6
64 2
207. 3
225.1
288.7
mil. Ib
do
mil. gal
DDT
Ethyl acetate (85%).
Formaldehyde (37% H('IIO)
Glycerin, refined, all grades:
Production
Stocks, end of period
.. ._
Methanol, synthetic and natural
Phthalic anhydride..
-
mil Ib
do
do
do
do
mil. gal...
- mil. lb~
_
r
>5
'10
39
54
32 6
97 7
ALCOHOL
Ethyl alcohol and spirits:
Production
Stocks, end of period ._.
Use for denaturation
Taxable withdrawals
Denatured alcohol:
Production
_ Consumption (withdrawals)
Stocks, end of period
._
9
9
15
°l 8
3G
....
FERTILIZERS
Exports, total 9
.
Nitrogenous materials
Phosphate materials .
Potash materials _ ._ .,
Imports;
Ammonium nitrate
Ammonium sulfate. .
Potassium chloride...
Sodium nitrate
thous. sh. tons
do
do
do
. ,
do
do
. _. do
do
Potash deliveries (KjO)
do
Superphosphate and other phosphatic fertilizers
(100%P a 0 5 ):
Production
. thotii ~ h tons..
Stocks, end of period
do
3
3
3
3
'415
1 312
153
947
87
386
569
MISCELLANEOUS PRODLf I S
Explosives (industrial), shipments, qmi^i.y:
Black blasting powder
_
nil. ib
High explosives
io
Paints, varnish, and lacquer, factory • ! j i i . j , t O ' t; :
Total shipments
, ,ii $
Trade products
do
Industrial finishes . do
Sulfur, native (Frasch) and recount
Production
flo ? lg f ^ j j j
Stocks (producers'), end of period
d>
1
471.7
1.1
482. 2
.1
406. 4
— 1. 0
427.8
"5 9
139 4
93 5
205 5
115.8
89.7
195 6
105. 2
90 4
178 5
91.2
87.3
149 9
73.0
76.9
169 0
81.3
80 7
167 3
$s 9
78 4
"On
fi'77
3,014
2 975
671
2, 925
705
2,871
699
2, 926
722
2,704
694
2,722
611
2,618
154
16 3
15.3
16 1
14 1
14 5
15 7
13 8
46 4
15 9
59 g
49 4
48 6
47.3
45 0
43 3
51 1
29 7
40 9
84.3
58 0
95 9
34 7
73.3
41 2
31 9
37 0
80 6
53 9
97 8
89 0
53 5
23 9
37 9
90.6
58 3
97 i
38 0
80.4
51 8
22 0
37 1
73.9
47 i
46 7
93 4
35 9
77.7
50 8
25 5
35 4
73.2
46 8
1
6
2
4
48 0
94 9
40 0
80.5
51 1
203.2
221.4
292. 7
198. 1
190. 1
294. 7
203. 7
223 9
311.1
204 6
994 5
311.0
210.3
239 2
304.6
210.2
227. 5
312.7
192.7
227.0
326.3
190. 8
223.4
306.8
188.6
204 4
296. 9
201. 2
225 5
330. 5
207 9
215 9
320. 5
9
08 3
114 8
93 5
"08
, 492
9
9
08 6
121 1
87 5
696
2, 405
PLASTICS AND RESIN MATERIALS
Production:
1
Cellulose plastic materials.
mil Ib
169. 6 1 190 6
Thermosetting resins:
1
Alkyd resins
_
_ .. _ . .
do
585. 6 i 614 0
Coumarone-indene and petroleum polymer
resins.
mil !b
324 9 i 333 5
J
Polyester resins
do
388 0
453 3
Phenolic and other tar acid resins
do
'919.9 i 982. 6
Urea and melarnine resins
do
i 595. 8 i 530 g
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil, Ib-- 1 2, (002. 5 11 2, 397. 2
12 >g9 Q 2 670 0
v i n y l rosins (resin content basis)
do
Polyethylene..
..
do
3,047,4 1 3^ 558. 7
1 Revised.
'Revised annual total; revisions are not distributed to the monthly data.
- Beginning Jan. 1965, data exclude creosote in coal-tar solutions (formerly included): these
average 930,000 gallons per month in 1964.
3 See note "O" for p. S-21.
* Less than 500
short tons.
07
Q
°S
41
'88
>• 57
r
r
c^Data are reported on the basis of 100 percent content of the specified material unless
otherwise indicated.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
J 1966
July 1967
1967
1966
May
Annual
July
June
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total J
mil kw -hr
Electric utilities total
By fuels
By waterpower
do
do
do
Privately and municipally owned utiL. do
Other producers (publicly owned)
do
Industrial establishments, total
By fuels
By waterpower
do
do
do
1 157 583 248 232 00 559 105 367 113 380 112 348 102, 282 103, 070 102, 729 109, 717 109, 951 101,061 107, 699 102, 172
1 055 252 143 737 91 630
861 401 949 254 73, 193
193 851 194 482 18 436
96 492 104 678 103 632
80 271 89 054 87 309
16 221 15 624 16 323
93, 817
79, 722
14, 095
94, 210
79, 786
14, 424
93, 949 100,860 101, 256
78, 745 83, 053 83, 566
15,204 17, 807 17, 690
92, 960
76, 369
16, 591
98, 942
80,419
18, 523
93, 654
76, 199
17, 455
859, 414
195 838
933, 407
210 329
73, 857
17 772
78, 663
17 830
85, 581
19 096
85, 221
18 411
77, 727
16, 090
77, 789
16, 422
77, 140
16, 809
82, 365
18, 495
82,618
18,638
75, 468
17, 492
80, 627
18,315
75, 546
18, 108
102, 331
99 198
3 134
104, 496
101 346
3 149
8,929
8 610
320
8,875
8 600
274
8,703
8 490
212
8,716
8 509
8,466
8,264
201
8,859
8,626
233
8,780
8,521
259
8,857
8,575
282
8,695
8,393
302
8,101
7,821
280
8,757
8,454
304
8,518
8,220
207
953 414
038 982
82 001
84 542
89 68^
93 376
91,519
86, 718
86 350
89, 262
93, 362
89, 654
90, 421
88, 105
19 110
39 159
21 309
38 683
21 995
40, 212
21, 329
40, 355
19, 166
40, 001
18, 457
39, 851
18, 840
39,560
19, 253
39, 652
18, 613
38, 367
18,859
39, 559
18, 705
39, 530
376
421
27,087
914
2,306
134
438
423
30, 594
925
2,351
149
28, 895
834
2,370
152
Commercial and industrial:
Small liffht and oower5
Large light and power§
do
do
202 112
433 365
225 878
465 077
17 482
38 726
Railways and railroads
do
Street and highway lighting...
Other public authorities
Interdepartmental
do
do
do
4,652
280 970
8,782
21,675
1,858
4,514
306 572
9,240
25, 922
1,779
22 433
689
2,144
166
Revenue from sales to ultimate customers (Edison
362
340
350
29 872
664
2 231
155
26 220
668
2,300
162
355
27 667
714
2,266
166
341
370
26, 351
746
2,239
158
23, 981
811
2,238
151
24, 371
866
2,291
139
298
426
376
28, 174
817
2,407
179
26, 142
772
2,376
204
15 158 4 16 196 1 1 278 3 1 327 1 1 414 5 1 453. 1 1, 427. 6 1,351.6 1, 330. 5 1, 375. 0 1, 431. 2 1, 398. 1 1, 393. 8 1, 370. 4
GAS
Manufactured and mixed gas:
Customers, end of period, total?—
674
631
41
673
631
41
667
626
40
674
631
41
677
634
43
534
1,396
809
579
311
181
127
167
63
103
386
219
163
561
363
198
130.4
87 2
42! 1
128.1
83 4
44.3
29.1
19 1
9.7
16.3
8.6
7.9
34.7
22.2
12.2
49.0
33.6
15.3
37, 265
34 227
2,' 997
37, 974
34 870
3,061
37, 182
34 182
2,958
37, 157
34, 201
2,915
37, 974
34,870
3,061
38,201
35, 062
3,139
mil. therms.. 118, 748
on ion
74, 657
do
127, 016
30, 043
8 821
19, 848
23, 566
3 402
18, 686
32, 154
10, 206
20, 547
42, 927
18, 843
24, 084
1 7Q3 ^
1 194 9
454.5
693.4
1, 960. 1
1, 029. 3
879.2
2 882 *>
1, 731. 9
1, 150. 5
thous..
"RpQirlonHal
Hf)
Industrial and commercial
do
Sales to consumers, total?
mil. therms..
Industrial and commercial
do
Revenue from sales to consumers, total 9 -mil. $..
Industrial and commercial
..do
Natural gas:
Customers, end of period, total?
Residential
Industrial and commercial
Sales to consumers, total ?...
Industrial and commercial
thous..
do
do
Residential
Industrial and commercial
do
do
702
659
42
1,357
OftO
3, 937. 8
3,166.0
4fl 701
82,062
922.4
823.4
4, 081. 7
3, 469. 3
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Taxable withdrawals
do
Stocks, end of period
do
Distilled spirits (total):
Production
mil tax gal
Consumption, apparent, for beverage purposes
mil. wine gal..
Taxable withdrawals
mil. tax gal._
Imports
Whisky:
Production
Taxable with drawals
Stocks end of period
Imports
,
10 14
9.06
11 51
10.74
11 32
10.59
10.99
10.44
10.34
113 04
104. 26
10. 57
185 06
191 14
17 60
16.70
9.24
12.94
108 22
100. 42
26.39
12.63
890 76
4.99
8.10
7.93
11 08
8.33
8.14
10 57
8.38
7.00
11 31
8.15
7.07
11 77
10.68
9.50
12 14
10.77
9.18
12.88
14.31
16.28
17.06
15.20
17.20
17.20
19.36
18.17
or 90
Ofi 4^
12.57
883. 87
5.77
15.57
879. 81
7.41
32 77
14.32
878. 48
7.15
37 56
10.05
880. 42
5.46
21 18
9.91
885. 49
4.90
21 54
9.76
888. 40
3.94
r 27 24
12.64
892. 90
5.21
23 66
11.70
856. 69
4.90
8 79
9 26
11 13
839. 28
6.60
9 Q9
10 06
835. 18
6.39
9 85
6 55
835. 46
4.88
I 9 73
6 49
839. 32
4.10
13 81
6 81
843. 33
3.42
14 82
8 25
846. 85
4.49
14 09
7.54
850. 06
4.32
mil. proof gal._
308.92
144. 72
880 42
60.30
24.81
13.40
889 41
4.66
mil. tax gal-do
do
mil. proof gal.
126. 88
90. 05
835 85
51. 10
128. 51
94. 57
835 46
52.20
8. 15
851 45
4.07
852. 97
4.38
849. 98
2.82
847. 65
3.74
8 68
844'. 37
4.58
94.11
04 81
101.30
67.13
9.49
6.38
8.12
5.06
5. 93
3.83
8.46
5.72
9.21
6.40
12.70
9.34
9.92
6.4G
6.92
3.99
6.49
3.60
6.87
4.26
8.94
5.53
8.69
5.32
7.29
6.25
3.10
1.45
8.75
7.40
3.75
1.64
.66
.50
4.34
.13
.82
.61
4.49
.11
.47
.38
4.55
.08
.73
.54
4.66
.10
.58
.73
4.46
.11
.72
.91
4.20
.23
.73
1.01
3.88
.25
.96
1.00
3.75
.18
.86
.51
4.01
.14
.86
.43
4.38
.13
.83
.65
4.50
.17
.71
.52
4.64
.13
233. 41
167. 14
262. 30
14 91
218.82
165. 77
265. 10
16 34
3.03
12.66
202.11
1 48
2.30
14.91
188. 78
1 30
1.52
9.81
178.58
1 02
9.63
13.10
171.88
1.21
72. 94
13.93
225. 04
1.25
88.44
15.90
290. 38
1.57
17.88
16.09
282. 86
2.07
8.28
14.47
265. 10
1.43
3.49
13.43
253. 50
1.22
3.14
13.14
239. 90
1.08
3.22
17.87
225. 49
1.47
2.88
13.59
212. 49
1.35
O O"7
91 OR
•\A*. 4n
19Q r;«
3^ OH
18 fi5
8 fiS
7 44
in sfi
3.28
9.89
887 20
3.66
11. 50
1
12.31
885 41
4.38
7 4fi
RC
Revised.
^Monthly revisions for 1964 appear on p. 43 of the June 1966 SURVEY; production data for
all periods shown here include Alaska and Hawaii.
8.37
7.79
11 54
294.24
137. 52
872 90
58.04
Rectified spirits and wines, production, total
mil. proof gal..
Whisky
do
Wines and distilling materials:
Effervescent wines:
Production
mil. wine gal..
Taxable withdrawals
do
Stocks, end of period
do
Imports
_ . . . . . do. .
Still wines:
Production ...
do
Taxable withdrawals
do
Stocks, end of period
do
Imports
do
r
9.00
8.95
11 69
§ Data are not wholly comparable on a year to year basis because of changes from one
classification to another.
? Includes data not shown separately.
July 1967
S-27
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1966
1965
Annual
1967
1966
May-
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
193.5
.672
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory).
mil Ib
Stocks, cold storage, end of period
do.._
Price, wholesale, 92-score (N.Y.)._ _ . $ per Ib
Cheese:
Production (factory), total. ..
mil Ib
American, whole milk, _
do
1,322.8
52.1
.610
1, 119. 2
32.3
.672
116.4
53.2
.641
114.8
85.8
.666
83.9
92.2
.717
77.3
85.9
.736
70.5
68.4
.754
79.1
58.1
.699
80.8
39.0
.680
97.4
32.3
.674
112.9
35.1
.669
103.8
54.7
.672
113.3
76.2
.672
120.8
102.9
.672
129.8
'151.2
.673
1,755.5
1,158.4
1, 873. 6
1, 234. 5
184.2
130.5
194.5
138.3
169.5
116.6
156.8
105.3
145.6
95.3
144.0
91.6
139.4
85.8
155.3
98.6
153.1
101.5
143.0
94.9
160.3
107.2
171.1
119.9
186.7
131.9
372.7
322.2
135.5
330.0
282.4
5.9
369.7
321.1
10.3
391.3
340.9
9.7
402.5
349.4
10.8
398.4
347.1
10.3
388.8
335. 5
15.3
378.3
325.4
17.8
372.7
322.2
17.8
367.8
317.4
14.7
361.2
308.6
13.2
367.4
317.9
18.8
387.4
335.1
15.7
.527
.500
.517
.539
.562
.562
.554
.530
.530
.530
.520
.518
127.1
1, 730. 9
11.2
193.2
11.0
195.4
11.6
158.1
11.3
159.1
12.2
133.8
12.2
125.8
11.1
107.4
9.4
109.9
4.8
105.2
2.9
103.7
11.6
192.9
8.5
128.3
8.4
205.8
6.1
223.4
6.9
217. 2
6.0
245.1
7.0
253.4
7.2
230.8
11.6
192.9
14.3
150.0
92.9
38.4
9.1
4.4
8.6
2.5
8.3
3.5
10.7
4.9
8.1
3.8
10.3
3.4
7.0
2.1
5.6
3.0
(2)
1.5
Stocks, cold storage, end of period
...do
308.6
American, whole milk
do
271.0
Imports
do
79.3
Price, wholesale, American, single daisies (Chicago)..
$perlb
.450
Condensed and evaporated milk:
Production, case goods:
Condensed (sweetened)..
mil. Ib
95.9
Evaporated (unsweetened)
do.
1,693.0
Stocks, manufacturers', case goods, end of period:
Condensed (sweetened)
mil Ib
5.9
E vaporated (unsweetened)
do.
134.8
Exports:
Condensed (sweetened)
do
165.3
Evaporated (unsweetened)
do.
124.7
Price, manufacturers' average selling:
Evaporated (unsweetened)
. $ per case
6.09
Fluid milk:
Production on farms
mil Ib
124, 173
Utilization in mfd. dairy productsdo
' 860, 202
Price, wholesale, U.S. average
$ per 100 Ib
4.23
Dry milk:
Production:
Dry whole milk
mil Ib
88.6
Nonfat dry milk (human food)...
do
1,992.7
Stocks, manufacturers', end of period:
Dry whole milk
do
5.0
Nonfat dry milk (human food)
do
58.2
Exports:
Dry wh ole milk
do
120.0
Nonfat dry milk (human food)
do
1438.8
Price, manufacturers' average selling, nonfat dry
milk (human food)
$ per Ib
.147
r
r
408.0
355.4
432.9
377.9
.518
.518
.522
3.9
121.0
6.5
146.6
7.0
165.7
15.5
119.6
13.8
81.9
9.8
124.0
10.9
174.2
(2)
5.9
1.8
3.7
7.3
2.2
7.0
2.3
6.73
6.63
6.64
6.78
6.93
7.07
7.06
7.07
7.06
7.05
7.05
7.05
7.05
7.05
120, 230
' »56, 760
'4.78
11,525
5,849
4.34
11,269
6,152
4.36
10,350
5,187
4.71
9,763
4,804
5.00
9,263
4,181
5.29
9,333
4,048
5.40
9,012
3,907
5.38
9,511
4,371
5.30
9,855
4,770
5.15
9,217
4,545
5.06
10,510
5,204
4.95
10, 732
5,558
4.77
11, 508
6,132
M.74
87.5
1, 587. 5
7.6
188.0
8.9
192.5
7.0
132.0
7.5
110.5
7.0
89.0
6.5
92.9
6.0
92.9
5.5
122.7
5.8
133.8
6.0
129.6
6.9
144.0
7.4
175.0
10.2
194.2
6.9
118.5
9.2
112. 5
8.7
139.8
8.8
143.6
8.2
129.3
7.9
118.4
8.4
116.8
8.3
112.2
6.9
118. 5
6.8
118.7
7.0
111.7
7.2
99.6
8.8
115.7
10.9
137.9
16.4
170.3
2.2
9.5
.5
8.3
1.2
26.0
2.6
19.7
1.4
15.6
.9
9.8
.8
8.8
.8
4.1
1.2
9.4
1.6
14.4
1.6
10.7
.8
7.2
1.2
16.2
.182
.172
.174
.195
. 202
.206
.200
.204
.201
.200
.199
.201
.199
.199
1 1,385. 6 1, 590. 3
139.7
143.4
119.0
138.7
134.0
126. 8
125.5
101.3
90.5
82.7
100.9
87.6
86.5
3.0
11,161
4.73
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats rye, wheat).. .mil. bu.
Barley:
Production (crop estimate)
Stocks (domestic), end of period
On farms
Off farms
Exports, including malt§...
Prices, wholesale (Minneapolis) :
No. 2, malting
No. 3, straight
do
do...
do"""
do
do
s 392. 3
300.8
184.5
116.3
165.9
3389.6
292.3
177.2
115.1
63.6
7.3
$ per bu
do
1.33
1.27
1.35
1.33
1.33
1.30
Corn:
Production (crop estimate, grain only).. mil. bu
Gnndings, wet process
do
3 4, 084
204.9
4, 103
203.6
"""
Stocks (domestic), end of period, total mil bu
On farms
do
Offfarms
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)
mil bu
Stocks (domestic), end of period, total
do
On farms. __
HO
f\ff
fn-f-mt.
3
4
104. 8
46. 1
58. 6
0.0
3.0
3.7
386.1
245.3
140.8
8.5
4.6
4.3
292.3
177 2
115.1
1.4
2.7
3.1
205.9
113 9
92.0
.8
1.30
1.27
1.30
1.27
1.34
1.31
1.39
1.35
1.41
1.39
1.37
1.36
1.36
1.34
1.35
1.34
1.32
1.31
1.33
1.32
1.32
1.31
16.9
18.1
17.1
18.3
16.9
15.1
16.2
15.1
17.6
35.4
1.40
1.36
4
4
16.8
18.2
4,041
3,085
956
i 598. 9
3,663
2,885
778
616.6
53.4
1,783
1,324
459
55.3
43.4
1.28
1.25
1.34
1.31
1.28
1.26
1.32
1.25
1.39
1.33
3
927
762
660
103
3798
660
555
105
4
4
4
4
4
35.6
56.4
3,663
2 885
778
44.6
1.48
1.40
1.44
1.40
1.37
1.35
1.31
1.33
1.42
1.37
316
241
75
833
675
158
4
Exports, including oatmeal. .
do
5.2
124.3
30.2
3.9
3.6
Price, wholesale, No. 2, white (Chicago)
3
$ per bu_.
.74
.74
.77
.77
.78
Rice:
3
Production (crop estimate)
mil. bags 9
76. 3
385.1
California mills:
Receipts, domestic, rough
mil Ib
1,612
76
1,586
6G
117
Shipments from mills, milled rice .
do
1,055
97
946
54
61
Stocks, rough and cleaned (cleaned basis), end
ofperiod
mil ib
80
207
317
99
111
Southern States mills (Ark., La., Tenn~~Tex'.)- ""
Receipts, rough, from producers
mil.' lib
5,711
72
5,880
25
98
6
Shipments from mills, milled rice
do
4, 020
288
3,962
271
365
Stocks, domestic, rough and cleaned (cleane'd"
basis), end of period
mil Ib
1,641
763
1,758
254
442
Exports
„
" do
13,411
295
2,978
404
219
Price, wholesale, Nato, No. 2 (N.O.)
$ per lb_.
.083
.083
.083
.083
.083
Rye:
3
3
Production (crop estimate)
mil bu
33.2
27 9
4
Stocks (domestic), end of period
do
28.8
28.3
19.0
Price, wholesale, No. 2 (Minneapolis) $ per bu"
1.20
Tl4
1.15
1.19
1.22
sr™
t /Preliminary.
i See note "Q" for p. S-21.
* Less than 50,000 Ibs.
r.™ P Jpstimate for the year.
4 Old crop only; new crop not reported until beginning of new
crop year (July for barley, oats, rye, and wheat; Oct. for corn).
* Average for 11 months
51.8
840
530
311
45.3
1.35
1.33
1.33
1.31
16.7
18.1
18.2
38.1
2,704
2,034
670
49.0
35.4
31.7
1.38
1.33
1.38
1.34
1.36
1.32
1.37
1.33
2.3
3.2
4.2
2.3
.75
.78
.78
82
53
266
109
371
110
33
54
154
58
.2
.5
(7)
(7)
.79
.77
.77
179
197
147
119
163
122
T
2
.8
.75
.74
138
134
180
206
97
168
304
262
317
260
248
239
202
120
896
232
1,312
366
1,640
404
664
416
405
399
341
403
294
414
232
441
150
385
104
385
623
85
.083
1,109
200
.083
1,826
226
.083
1,867
246
.085
1,758
322
.085
1,611
472
.085
2, 766
390
.085
1,163
461
.085
859
319
.085
016
324
37.8
28.3
24 3
1.23
I. 18
1.21
1.21
1.22
1.25
1.23
1. 20
1. 19
Beginning June 1965, data include
shipments to Gov't. agencies.
3
Less than 50,000 bushels.
Reflects revisions not distributed to the months.
§ Excludes pearl barley.
9 Bags of 100 Ib.
1.24
0
7
1.35
1.33
441
354
88
660
555
105
.76
4.9
r
.78
1.17
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in £he 1985
edition of BUSINESS STATISTICS
1965
July 1967
1967
19G6
1966
Annual
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr,
May
Juno
FOOD AND KINDRED PRODUCTS; TOBACCO— Continued
i
GRAIN AND GRAIN PRODUCTS- -Con.
Wheat:
Production
(prop estimate) total
Sprin r/ wheat
'\ Victor wheat
Distribution
''toclrs (dorn^stic) end. of p a riod total
On farms
Off forms
Fxports, total, including flour
Wheat only
mil bu
do
<!•"*
do
11,316
i 299
1
1,017
1,432
i 1, 311
1254
1
1,057
1,602
382
406
39!
346
do
do
do
1,336
405
931
1,049
409
640
2 .535
2
131
2404
1, 441
544
897
1,049
409
640
703
241
462
3691.2
3646.5
875. 7
820,8
72. 8
67,0
76.2
71.4
63. 8
64.1
80.5
74.7
76.2
71,6
SI. 8
62. 1
56.1
55. 1
50. 5
51.3
48.1
40.7
38.0
50. 8
•46.5
48.3
44.6
48.0
44.2
1.97
1.81
1.88
1,87
1,74
1.78
1.98
1,89
1,88
2.10
1.99
1 96
2. 09
1,38
1.93
•2. 09
1.93
2. OS
2. 02
1.?0
2, 00
1 88
1.98
1.97
1.86
1.95
1.92
1. 79
1.91
1.91
1.73
1,87
1.97
1.84
1.93
1.96
1.73
1.91
1.99
1,77
1. 94
257, 188
91.3
4, 668
579, 183
20, 628
89.0
373
46, 382
22, 350
92. 4
403
50, 222
20, 037
90, 9
367
45, 102
22. 330
83.3
405
50, 400
'1^8
420
n 924 21, 184
91.9
98. 1
389
417
20, 369
87.3
376
46, 429
19, 390
36. 1
350
43. 506
21,594
83.0
'376
48, 733
19, 765
'87,0
'348
44, 495
20, 300
32,4
361
46,311
1,042
. _ d o . ._
do
Prices, wholesale:
No. i, dark northern spring (Minneapolis)
$ per bu., .
i, 83
No. 2( hd and dk. hd. winter (Kans. CKy)_do
1.58
Weighted avg., 6 markets, all grades.. .' _ .do
1.70
Wheat flour:
Production:
Flour
thous. sacks 1 100 Ib ) - 25-1, 584
90.9
Operations, percent o f capacity _ _ . . . - _
4, 593
Offal
thonj. sh, tons
575, 374
Grindings of wheat
thoiio. bu
Stocks held by mills, end of period
4,311
thous, sacks (lOOlb.)..
3 20, 484
Export?
do
Prices, wholesale:
Spring, standard patent (Minneapolis)
$per 100 l b _ . 5/784
5. 464
Winter, hard, 95% patent (Kans. City) rlo
7 r ;-8
:?, 00
1.94
1,66
1.86
51,602
48, 133
20, 803
88. 9
377
^6, 821
4, 197
1 , 962 "~>~&,l
*2t 595
4, ISO
1,956
1,504
1,172
4,226
1,844
1,560
G. 813
0. 433
ti. C3S
0. 167
6. 550
C. 100
6, 32.5
5. 833
6. 250
5, 700
6. 175
5. 633
6.2-33
5. 850
6. 263
5.799
361
2, 469
1, 148
576
390
2, 116
1.115
911
389
2, 335
1 , 355
1,424
384
2,285
1,244
1,325
306
2 257
1,042
705
372
2,365
1,142
514
313
2. 105
840
355
400
2, 338
943
459
316
2, 185
891
338
300
2, 4:>5
1,013
406
25. 26
24. 15
26. 50
25.73
25, 51
28. 50
2?>. 07
25. 51
•;:j. a
21.93
•11 13
3:1 50
?4 49
24 23
32. 50
25,21
24, 52
33,00
24.92
34 04
35. 00
24.65
24, 58
35. 00
24. 59
24.81
31.00
75. 37
25. 14
30.00
'24. 79
31. 50
4, 672
1, 192
4, 228
1,004
5, 088
1, 192
5, 888
1,305
6, (147
1, 433
f.. 200
t, 469
<>,215
j , 4*50
6 280
1 , 497
5; 652
1,233
6, 725
1,442
5,870
1,372
5, 306
1, 328 "i,~249~
22. 83
•22. 65
23. 85
22, 57
'11.34
J9.73
19. 10
13. 77
18. 81
IS. 05
17.23
21.31
21. 05
16.4
15,2
14.8
14.9
14. 0
13.5
17. 4
16.7
896
344
1.16
1,072
250
71
872
215
76
*90
300
95
272
26, 75
4, 223
2, 071 '~2~6l5~ "2,195"
4,180
23, 540
~2 "492"
6.365
5.994
6, 050
5.800
6. 450
6, 200
6. 905
6. 573
6. 838
6.483
4,432
27, 319
13, 133
8, 056
318
2,249
961
448
325
2, 397
1, 151
373
313
2, 236
976
443
26. 17
25. 42
32.38
26.54
26.31
33.50
25. 33
24.92
33.00
63, 729
15, 175
4,913
1, 245
22. 88
22. 25
5 1,9:) 6
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves .
thous. animals.Cattle
do
Receipts at 26 public markets
do ._
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
$ per 100 lb..
Steers, stockor and feeder (Kansas C i t y ) _ _ d o
Calves, v?alors (Xntl. Stockyards, 111'.) _ .do
Hogs:
Slaughter (federally inspected)., .thous. animals. .
Receipts at 26 public markets
do
Prices:
Wholesale, average, all grades (Chicago)
$ per 100 lb...
Hog- corn price ratio (bu. of corn equal in value
to 100 lb. live hog)
Sheep and lambs:
Slaughter (federally inspected). ..thous. animals. _
Receipts at 26 public markets
_
do ..
Shipments, feeder, to 8 corn-belt States
do
Price, wholesale, lambs, average (Chicago)
$perl001b-_
5,076
26, 614
'14,257
7, 230
4
25, 81
22. 50
27.17
63, 708
15, 386
20.78
18. 2
4
18.6
18.7
r
!9. 2
13.1
18.3
16.4
11,710
3,450
2, 157
11, 553
* 3, 901
1,988
970
315
168
1, 040
335
109
929
303
104
1,024
398
230
1,067
427
•325
1.022
' 405
337
24.29
25. 00
27.12
24. 25
23. 75
24, 75
24. 00
23. 25
28, 336
29, 289
2, 363
2, 432
2, 197
2, 480
2, 593
2, e.oo
2 636
11 8
305
269
111
1,353
298
88
989
221
70
22. 00
22. 50
21.25
21. 25
22. 75
29.25
2,647
2, 732
2, 419
2, 748
2,513
•2, 569
621
HG
100
668
36
115
097
42
99
"27
41
110
783
39
96
1, 418
317
1,483
334
3
1,324
325
3
63
1, 466
313
3
67
v5, S3
25. 49
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in), inspected
slaughter
_
mil. lb-Stocks (excluding lard), cold storage, end of
period.. _ _ . - - _
_
mil. l b
Exports (meat and meat preparations)
do
Imports (meat and meat preparations)
do
Beef and veal:
Stocks, cold storage, end of period
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 ibs.) (New York)
$ per lb..
Lamb and mutton:
Stocks, cold storage, end of period
do
Pork (including lard), production, inspected
slaughter . _ . _ - _ _
.
mil. l b
Pork (excluding lard) :
Production, inspected slaughter
do
Stocks, cold storage, end of period . ..
do .
Exports
do
Imports
. . _ _ _ .
do
Prices, wholesale:
Hams, smoked, composite
$ per lb
Fresh loins, 8-1 2 lb. average (New York) ...do
Lard :
Production inspected slaughter
mil lb
Stocks, dry and cold storage, end of period ..do
Exports ._
do
Price, wholesale, refined (Chicago)
$ per 1 b .
r
Revised.
p Preliminary,
1
Crop estimate for the year.
652
1,378
303
3
61
1,r 524
300
3
279
.419
.427
.442
.454
56
15
44
16
43
17
15
1,042
1, 226
1,090
1,002
845
290
7
27
996
331
6
32
890
386
5
24
.540
. 506
.549
, 467
.483
.458
518
38
143
495
34
93
133
45
123
451
A
">
131
500
39
123
16, 708 r 1,360
213
317
39
2
53
895
1,466
219
3
103
1,346
'227
2
68
1 , 4K9
J . 43'1
':dl
3
91
1,414
Oii
1 , 467
232
3
101
. 441
. 442
, 424
. 410
, 140
. 448
. 433
. '127
. 431
. 437
.434
576
12
581
17
49
20
51
22
45
26
49
52
'11
51
JO
45
18
46
17
55
15
52
15
11,736
12,000
954
914
806
942
1,074
1,117
1, 177
1,183
1,189
727
214
6
26
646
179
3
22
757
140
4
18
867
151
4
22
901
171
961
206
7
24
955
234
6
25
959
256
5
23
.562
.604
.552
,561
'. 577
.557
. 580
.- 5'«8
. 509
, 025
.497
.578
.512
484
' 535
1,012
15,995
289
3 45
718
.433
621
480
1, 318
9, 330
152
3 53
262
9, 670
234
55
298
761
268
5
.542
. 532
.587
,569
.552
.562
1,772
62
' 251
.153
1, 696
100
158
.152
09
141
104
15
144
136
102
15
.140
116
94
10
. 143
, 55 )
157
134
149
73 i
70
64
16
15
8
,148
. K>4
.158
2
Old crop only; new
3
See note "O" for p.
1(4
2S2
3
73
r
725
43
572
31
88
505
798
336
4
""291
.556
.554
r
145
166
148
143
167
163
165
130
' 142
125
132
78
100
116
19
13
14
9
14
19
18
. 135
,133
.143
133
.138 ! .136
<?rain not 4reported until beginning of new crop year (July for wheat).
S-21.
Beginning 1966, data are for receipts at 23 markets.
S-29
8UKY1VY OF CURRENT BUSINESS
July 196T
^_,.-_.
Unless otherwise stated, statistics through 15G4
and descriptive notes are shoY-n in the 19C5
edition of BUSINESS STATISTICS
19G5
|
i,-,,;-
Annual
1907
19 66
I9G6
Junt | July
Sept.
Aug.
Oct.
i
Dec.
Nov.
May
Feb. Mar.
June
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS
Poultry :
Slaughter (commercial production)
mil. lb..
Stocks, cold storage (dozen), end of period, total
mil. lb...
Turkeys.....
_
do
Price, in Georgia producing area, live broilers
$perlb_.
Eggs:
Production on farms
mil cases©-.
Stocks , cold storage, end of period:
Shell
thous. casesO.~
Frozen. „.
_
_ _
mil lb
Price, wholesale, extras, large (delivered; Chicago)
$ per doz ...
7, 998
8., 780
724
PIT
717
893
931
958
888
790
682
1
551
624
62;-;
733
409
254
3,rl
207
321
176
r
296
r
!49
306
159
. 120
. 125
17.0
16. 2
315
200
436
207
ifi
69
100
70
209
104
283
171
409
284
539
395
468
312
436
267
. 145
. 145
,160
.155
.155
.150
.140
.120
. 125
.110
.125
.140
. 130
, 125
18?. 5
184. G
16. 2
15,3
15.2
15.0
14.7
15.5
15.4
16.2
16.4
15.0
17.0
16.7
55
41
41
44
120
55
437
27,5 1
64
37
r
265
1
71
423
83
85
51
27
36
76
42
101
55
79
62
57
60
100
53
48
46
23
39
27
36
. 328
.401
.319
. 325
.399
.417
.477
.430
.456
.399
. 343
.311
.o22
.205
. 258
.251
Cocoa (cacao) beans:
Imports (incl. shells)...
thous. lg. tons...
Price, wholesale, Accra (New York)
$ per lb._
354. 4
. 172
319.3
.240
33. 5
.244
14.0
.248
20.3
.274
9.6
.270
10.3
.241
13.4
.240
15.9
.233
26.8
.249
49.8
.266
50.9
.305
39.8
. 290
21.6
.274
.275
."278
Coffee (green):
Inventories (roasters', importers', dealers'), end
of period
thous. bag.srfLRoastings (green weight)
do
3, 143
21, CSC
3,141
21,300
21,290
5, 742
22, 050
0, 726
1,818
570
1,680
560
1,570
451
1,309
153
2,085
960
2,168
947
1, 573
455
1,664
471
1,979
560
1,618
359
2,092
412
1,717
362
.461
' 1,428
.414
1, 543
.413
101
.410
103
.406
75
.413
117
.410
182
403
171
.403
169
.398
138
.395
146
.388
143
.388
136
.385
106
.388
.395
230
271
164
178
211
248
259
262
272
271
253
224
204
190
472
40
2,297
1,797
1,642
1,297
1,022
762
242
40
685
1.640
2, 890
90
258
260
43
407
198
48
589
188
60
817
163
128
500
113
676
387
136
1,073
357
82
'899
'250
7
561
2, 074
170
216
246
143
837
825
2,300
976
967
1, 982
1,038
1,028
1,670
1,032
1,020
1,300
1,073
1, 058
1,007
776
763
1,460
776
759
2,142
674
889
658
^873
2,
832
' 2, 598
184
MISCELLANEOUS FOOD PRODUCTS
Imports, total
do
From Brazil
._ _ .
do
Price, wholesale, Santos, No. 4 (New York)
$per lb..
Confectionery, manufacturers' Kales
mil. $..
Fish:
Stocks, cold storage, end of period.,..
mil. lb
Sugar:
Cuban stocks, raw, end of period
Ihous. Spanish tens 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 9.
For domestic consumption
Stocks, raw and ref. , end of period
do
do _..
do
Exports, raw and refined..
sh. tons. Imports:
Raw sugar, total 9..-- .. „ thous. sh. tons
From the Philippines .
do
Refined sugar, total
-.-do
Prices (New York):
Raw , wholesale
..
$ per 1 b
Refined:
Retail (incl. N.E. New Jersey) ..$ per 5 lb..
Wholesale (excl. excise tax)
$ per lb. .
Tea, imports
....
.
thous lb
4, } b?
5,. 7'.M>
i , 966
10, I f l
10. 020
2.648
i 2, 359
'• 4, 045
' G; 250
' 1, 911
10. 444
«• 10. 299
'• 2. 598
3 000
123
r
75
86
177
84
!83
185
3,390
3, 190
2,730
110
233
184
10
158
156
"214"
198
683
673
2, 734
873
859
2, 614
r 2, 501
V'2,305
40
89
91
57
68
289
16
225
64
5
295
45
10
406
100
4
421
154
3
88
824
788
612
154
3
390
33
5
.069
.070
.071
.071
.072
.071
.071
.071
.072
.072
.072
.072
.617
.095
.619
.095
.623
.096
.618
.097
.630
.097
.632
.097
.636
. 099
.633
. 099
.630
.099
.629
.099
.629
.099
.627
11,948
10,649
8,446
9,681
13, 174
11,018
9,281
10.545
12, 461
11,633
14,419
14, 518
262.1
270.8
232.8
307.7
276.8
260. 5
265.9
264. 3
259. 8
260. 1
270. 5
r 249. 9
141.3
119.8
110.8
116.8
118,5
109. 7
118.6
119.3
118.8
119. 2
125. 9
124. S
248. 1
219.3
219.9
237.6
259.8
238. 0
240. 8
254. 1
' 244. 5
252. 0
253
46
394
101
5
. 008
. 070
.069
. 595
.095
. 020
. 096
.617
.095
130,358
132, 990
3,181.2
123.1
338
56
9
2, 946. 8
253.0
269. 9
240.9
83.4
104.8
81.4
85.8
89.1
60.0
67. G
82.2
83.4
76. 0
89.4
81.9
2, 109. 7
164.3
159.5
147.9
178. 1
173.4
190.0
193.3
192. 9
202. 3
174. 7
194. 9
53.2
56.4
57.5
58. 1
55.9
57. 5
59. 9
54. 8
53.2
49.5
55.3
65. 3
.261
.261
.266
.274
.273
. 273
.273
.273
.256
.256
41.3
39.8
49.4
55.6
45.5
47.5
47.9
42. 7
55. 0
47.7
51.0
40.0
51.0
35.3
53.4
44.4
51.3
43.9
. 266
r
380
68
(2)
4, 198
1,039
38
118.6
131
2, 874
5, 657
3, 141
5; 425
506
154
3
3. 783
1,055
82
Baking or frying fats (incl. shortening) :
Production
mil. lb.. 2 792 5
Stocks (producers' and warehoused, end of period
116.6
iniL lb..
Salad or cooking oils:
Production
do
2, 773. 1
Stocks (producers' and warehouse) . ond of period
85. 9
mil. lb.._
Margarine:
1,904.4
Production
do
Stocks (producers' and warehouse), end of period
41.6
mil. lb..
Price, wholesale (colored; rnfr. to wholesaler or
.201
large retailer; delivered).
$ per lb-.
3.343
5,119
3 468
5.185
.261
r
283. 7
97.9
88.9
160.5
171.0
r
68. 2
.074
58.1
.256
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
45.8
566. 7
49.3
530.1
Production (quantities rendered)-.mil. lb. .
43.4
416. 8
510 £
42,9
Consumption in end products
_ _ _do _..
Stocks (factory and warehouse;, end of period
51.0
50. 9
49,6
31.1
mil. lb. .
Tallow and grease (except wool), inedible:
378.0
366.0
4,302.5 4, 406. 9
Production (quantities rendered)
do
225.6
2, 210. 5 2, 4311, 6
208. 2
Consumption in end products
do
Stocks (factory arid warehouse), cud of period
352,2
357.4
413.8
447.
4
mil. lb_.
Fish and marine inammaloils:
35.4
18.9
164. 1
Production
.
... . . . . . .
do ...
100. 2
7.4
7.3
79. o
7t;. 8
Consumption in cud products
-__do
Stocks (factory Mid warehouse), end of period
138.4
158,5
138.6
1 85. 3
mil. lbr
Revised, p Preliminary. l See note "O" for p. 3-21. Z L 2ss than 5()0 short t ons.
O Cases of 30 dozen. cTBags of 132,276 lb.
r
50. 3
' 44, 9
57. 2
46.5
50.0
45. 5
40.3
43.3
43. 0
50.9
63.0
75.1
78.4
83.6
81.3
346. 0
165.7
375. 7
219. 1
389.8
215. 3
380.0
210.8
398.8
203. 3
410. 7
207. 9
408.5
210.5
387.9
191.3
419.8
205. 6
393. 7
202.1
409.4
215.4
382. 1
393.9
417.1
422.8
430. 9
447.4
507.7
471. 9
501.2
497. 2
492. 5
28. 6
5.3
21. 8
6.6
20.4
6.7
8.7
5.2
16.5
6, 5
7.1
5.8
1.9
6.1
.5
5.6
.8
5.7
3.2
6.9
8.7
6.0
151.0
166. 7
139.6
154.4
135. 5 1 145. 5
153.0
183.9
158. 5
180. 4
172.1
9 ITicludes (lata not
§M onthly (lata refi< )f'i curmilative r( , visions for prior periods
AForcUita on lai d, see p. S-28.
showi i separat sly; see a Iso note <§".
t
SURVEY OF CURRENT BUSINESS
S-30
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1966
Annual
July 1967
1967
1966
May
June
July
1
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS- Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude
mil. lb_.
Refined
do
Consumption in end products
..do
Stocks, crude and refined (factory and warehouse) , end of period .
mil. Ib
Imports
do
Corn oil:
Production:
Crude
do.
Reflned
do
Consumption in end products
do —
Stocks, crude and refined (factory and warehouse) , end of period
mil. lb_.
Cottonseed cake and meal:
Production..thous. sh. tons..
Stocks (at oil mills) , end of period
do —
Cottonseed oil:
Production:
Crude
mil. Ib .
Refined
do
Consumption in end products
do —
Stocks, crude and refined (factory and warehouse) end of period
mil Ib
Exports (crude and refined)
do
Price, wholesale (drums; N.Y.)
$ per lb._
365.4
488.1 ~~~569.~6~
784.0
723.5
32.4
52.1
70.2
36.3
51.3
74.7
41.9
43.0
57.0
38.4
45.9
67.1
33.2
51.9
70.5
00
50.2
67.4
(<0
43.3
60.2
09
41.9
60.0
(<«
52.4
65.9
(<)
44.9
56.4
(')
41.3
62.7
(d)
45.0
'65.0
(d)
48.2
68.4
154.4
383.6
223.5
498.2
143.8
31.3
147.2
50.3
149.5
10.3
190.7
51.6
189.0
39.3
191.9
24.2
188.3
31.3
223.5
9.3
194.5
196.8
206.8
79.6
187.7
18.4
' 176. 7
20.2
122.4
445.9
412.8
422.9
446.6
397.6
388.0
37.1
32.7
30.3
40.0
33.9
29.6
37.5
25.4
30.9
38.2
37.9
36.0
35.9
38.2
38.7
39.5
34.9
35.8
36.1
36.0
33.4
34.1
33.6
34.0
34.3
34.0
34.2
33.7
30.3
32.5
40.4
38.8
38.2
37.7
••33.7
'31.0
38.9
34.9
35.1
26.1
53.5
52.5
60.4
63.2
59.1
55.4
54.6
55. 2
53.5
47.0
45.8
44.9
'49.5
49.8
2,756. 3
80.9
2, 382. 4
94.2
157.3
212.5
109.3
170.1
72.2
133.9
70.8
99.5
101.2
64.1
237.7
89.6
259.9
91.7
249.2
94.2
237.6
111.6
179.1
126.1
184.0
148.1
106.8
166.9
63.7
161.7
1,974.2
1, 668. 8
1, 471. 7
1, 674. 6
1,511.1
1, 263. 1
113.4
130.8
104.7
81.1
106.3
106.2
50.6
61.2
92.8
49.1
55.2
99.1
67.7
57.0
85.4
165.6
101.0
86.6
183.1
137.6
92.7
175.1
162.4
95.1
168.0
128.7
82.5
126.6
117.1
86.3
128.7
122.8
86.9
73.9
' 108. 5
'90.5
43.7
88.1
91.7
300.1
501.3
i .149
381.8
184.0
.178
391.9
11.8
.185
343.6
17.0
.192
300.8
3.9
.194
232.8
2.9
.202
201.8
2.8
.181
246.2
6.4
.165
309.4
5.7
.169
381.8
5.2
.165
434.9
3.7
.151
476.9
4.6
.158
514.0
8.7
.158
'476.9
25.4
.158
418.2
11.6
410.1
227.2
454.2
226.9
40.9
22.0
45.2
22.6
15.9
20.8
38.5
21.3
44.1
19.1
45.4
16.0
39.0
15.0
30.1
14.7
33.3
19.1
29.7
19.3
31.3
19.1
30.2
20.2
32.1
213.5
.134
208.4
.128
260.1
.128
240.8
.128
212.5
.128
177.2
.128
188.6
.126
207.8
.126
218.0
.128
208.4
.128
205.9
.128
204.9
.128
206.5
.128
204.7
.128
209.8
969.9
198.9
944.0
130.5
824.1 1, 039. 6
111.4
130.0
1,147.1
129.0
1,133.1
120.0
1,157.6
134.1
1,022.3
111.0
451.8
359.7
391.5
436.9
425.8
449.6
382.1
402.1
410.4
482.1
411.5
419.0
521.9
427.0
434.8
512.3
465.3
465.7
529.0
460.4
452.2
468.8
410.4
418.7
496.8
446.0
455.6
502.8
387.4
'404.4
510.0
418.7
439.1
598.2
55.1
.147
511.1
97.1
.164
462.0
78.5
.142
457.7
30.4
.132
488.0
48.6
.133
510.9
97.8
.131
566.1
24.3
.127
581.6
45.7
.127
535.8
120.2
.128
'600.4
41.0
.127
626.3
66.5
48, 091
Linseed oil:
Production crude (raw)
mil. Ib
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) , end of period
mil. lb_.
Price, wholesale (Minneapolis)
._$ per lb__
Soybean cake and meal:
Production
thous. sh. tons .11,179.1 12, 614. 4 1,157.1 1, 040. 1
159.4
165.5
75.4
120.0
Stocks fat oil mills) end of period
do
Soybean oil:
Production:
480.8
537.8
Crude
-- -- -- -mil. lb__ 5,235.5 5, 820. 2
430.2
450.9
4, 547. 3 5, 152. 0
Refined
do _
452.3
431.9
Consumption in end products
do — 4,437.6 5, 200. 5
Stocks, crude and refined (factory and ware589.9
510.9
582.3
house) , end of period
mil. lb_ . 374.8
47.2
64.6
684.8
Exports (crude and refined)
do — 1,026.7
.132
.140
.138
.134
Price, wholesale (refined; N.Y.)
$ per lb._
1,083.7 1, 080. 9 1, 096. 8
86.3
146.1
124.4
TOBACCO
Leaf:
Production (crop estimate)
mil. Ib . . 21,855
Stocks, dealers' and manufacturers' end of period!
5,582
mil. lb__
Exports, incl. scrap and stems
thous. lb_. 468,075
243, 347
Imports incl scrap and stems
do
5,353
551, 162
179, 336
23, 134
13,838
5,104
28,350
15, 107
44,201
13, 877
66, 952
16,427
5,142
64, 487
16, 043
67, 577
16, 427
70, 182
14, 812
5,353
72, 308
13, 129
36, 930
14,907
34, 791
16, 680
5,339
39,111
13, 488
53, 273
15, 305
Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
Taxable
Cigars (large) taxable
Exports, cigarettes
46, 112
522, 532
7,076
23, 453
3,954
45,221
682
1,926
3,771
48, 552
579
1,663
3,625
37, 925
507
2,136
3,863
50,707
651
2,117
3,475
46, 371
626
1,938
3,827
43, 484
645
2,021
3,819
43, 225
664
1,941
3,549
38, 079
424
1,573
3,406
41,319
537
1,769
3,967
39, 936
477
1,731
4,593
43, 591
592
2,202
3,972
44, 084
572
2,059
1,943
264
1,096
44,236
millions
511,463
do
7,578
do
millions.. 23, 052
21,890
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value total 9
Cattle hides
Imports:
Value total 9
thous $
- thous. hides-
Goat and kid skins
Prices, wholesale, f.o.b. shipping point:
Calfskins Dacker heaw 9^6/15 Ib
Hides, steer, heavy, native, over 53 Ib
thous $
do
$ per Ib
do
LEATHER
Production :c?
Calf and whole kip
thous. skins.
Cattle hide and side kip
thous. bides
and kips. .
!
Goat and kid
hous skins
Sheep and lamb
do
Exports:
Glove and garment leather
_ ...thous. sq. ft..
Upper and lining leather
do - /
Prices, wholesale, f.o.b. tannery:
Sole, bends, light
index, 1957-59^ 100
Upper, chrome calf, B and C grades
i«HoY 1OK7 ro — inn
106 253
2 458
13,311
155, 623
2 582
14, 307
14, 386
16, 512
199
12, 306
221
1,097
12, 662
259
1,176
10, 412
145
1,108
174
10,787
180
1,210
12,684
175
1,251
15, 486
13, 225
265
1,351
12, 075
196
971
15,636
1,278
1,408
1,132
11,327
198
1,158
80 263
31 850
14 411
88, 995
36 998
10, 331
8,724
3 741
8,602
3 709
7,177
2 870
861
9,033
3 508
1,484
8,456
3 810
681
5,028
1 840
767
4,794
1 703
4,647
1 656
364
5,500
1 859
865
5,600
2 510
6,200
3 857
6,300
4,079
457
541
.143
650
.525
.209
.565
.179
525
.169
475
.144
.149
550
.129
500
.134
500
.209
.209
475
.177
.129
.129
.450
.125
6,263
23, 436
14, 557
30, 316
4,720
23,830
13 372
29,302
375
2,027
1,259
2,720
465
2,046
1,344
2,649
283
1,653
913
1,977
443
2,059
808
2,624
327
1,972
933
2,217
350
2,039
905
2,089
397
2,016
948
2,350
341
1,921
909
1,960
299
1,912
907
2,012
332
1,924
742
2,153
349
2, 085
841
2,251
320
1,895
752
2,201
'
65 704
5 875
5 659
4 564
4 945
4 652
4 527
4 461
4 796
5 511
4 869
6 192
3 691
1
114.5
122.2
119.4
119.4
118.0
114.5
106.7
105.3
103.2
103.2
107.4
106.0
104.6
inn fi
108 8
100 9
107 9
107 fi
107 9.
108 0
Qfi 3
103 9.
103 2
101 fi
QQ 2
98.3
101.9
QQ K
601
157
883
675
765
d
' Revised.
» Preliminary.
Data withheld to avoid disclosure of operations of
individual
firms.
1
2
Average
for
11
months.
Crop
estimate for the year.
3
Effective Jan. 1965, data are for all leather, except sole and rough; see note "O" for p. S-21.
1,698
604
230
793
575
576
5 565
..
^Revisions for 2d qtr. 1963-4th qtr. 1964 (mil. Ib.): 4,695; 4,793; 5,288; 5,355; 4,964; 5,071; 5,666.
9 Includes data for items not shown separately.
^Revisions for Jan.-Mar. 1966 Will be shown later.
SURVEY OF CURRENT BUSINESS
July 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1967
1966
1966
Annual
S-31
May
June
July
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
Feb.
May
Apr.
Mar.
June
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: J
Production, total
-thous. pairs
Shoes, sandals, and play shoes, except athletic
thous. pairs
S Uppers
do
Athletic
. do
Other footwear
do
Exports
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt. ..index, 1957-59=100.
Women's oxfords, elk side upper, Goodyear
welt
. index, 1957-59—100
Women's pumps, low-medium quality._do
629 095
646 327
54 319
54 685
45 569
61 358
55 201
54 898
50 802
49 034
52 534
49 890
r
53 812
531 914
87 359
6,828
2,994
535 936
100 955
6,598
2,838
44 473
9 057
44 841
9 022
'561
38 345
6 686
50 289
10 261
*576
44 367
10 074
43 251
10 786
'530
40 220
9 494
45 571
6 158
331
543
250
577
228
42 463
6 723
r
548
273
41 930
6 311
44 665 38 298
r
8T 351 6 941
585
634
T
151
162
i 2 533
2 737
246
230
182
157
174
237
111. 0
107 3
113.0
576
213
261
323
215
283
272
210
120.9
122.3
122.3
111 0
121.2
111 4
121.3
111 4
121.2
532
172
45, 975
232
528
232
°00
227
122 3
122 3
122 3
123 5
123 5
123 5
123 5
123 5
123.5
121.5
111 4
122.0
111 4
122.4
111 4
122^5
111 4
122 3
111 4
122!7
111 4
122 4
111 4
122.9
111 4
124.5
111 4
124.7
113 7
124.7
2,942
642
2,678
611
2 067
2,506
524
2,356
554
1 982
3,161
2 300
2 111
2
2,900
648
2 252
° 411
2 736
3 112
2 954
o 9§7
164
162
LUMBER AND PRODUCTS
LUMBER-ALL TYPES
National Forest Products Association :d"
Production, total
mil. bd. ft..
Hardwoods
do
Softwoods
.
do
Shipments, total
Hardwoods
Softwoods
36, 895
7,655
29 240
36, 128
7,489
28 639
3,242
625
2 617
3,265
664
2 601
2,858
631
2 227
3,241
678
2 563
3,132
665
2 467
do
_ do
do
37, 749
8 226
29 253
36, 482
7 923
28 559
3,395
684
2 711
3,159
670
2 489
2 910
620
2 290
3 171
665
2 506
2 880
660
9 990
9 145
I
do
do
do
5,704
1,156
4,548
5, 775
1,127
4,648
5,150
1,000
4,150
5,263
1,014
4,249
5,172
1,043
4,129
5,228
1,069
4,159
5,492
1,102
4,390
5,720
1,118
4,602
do
do
1
962
5, 163
1,009
5,120
98
518
98
550
82
469
88
507
378
339
318
307
300
339
502
419
mil. bd. ft..
do
9,271
621
8,249
486
606
652
688
614
566
537
612
419
625
424
581
394
621
422
681
486
678
568
603
602
do
do
do
9 234
9 257
1,054
8 428
8 618
1,026
794
860
1,027
750
726
1,052
633
643
985
716
729
972
RRfl
R90
627
611
CD ft
f.A(\
fi1 0
593
a-i 7
cnc
A19
ceo
668
600
700
670
fi7O
fifiS
1,032
1,117
1,103
1,026
1,057
1,101
1,170
1,185
1445
1
111
1334
401
110
290
49
12
37
39
9
29
33
9
24
32
6
26
30
g
22
36
10
26
26
10
16
22
4
17
34
10
24
27
g
19
31
9
22
35
10
25
79.69
79.96
83.94
80.91
84.06
82.96
171.47
.
Stocks (gross), mill, end of period, total
Hardwoods
Softwoods
__.
Exports, total sawmill products
Imports, total sawmill products
SOFTWOODS
Douglas fir:
Orders, new
Orders, unfilled, end of period
Production
_. .
Shipments
Stocks (gross) , mill, end of period
Exports, total sawmill products
do
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$per M bd. ft_.
Flooring, C and better, F. G., 1" x 4", R. L.
$ p e r M bd. ft..
86
2 792
647
93
1 QQO
2,671
560
2 638
2 57g
QQfi
1 QQ1
1 Q97
9 191
5,787
1,132
4,655
5,775
1,127
4,648
5,810
1,106
4,704
5,880
1,125
4,755
642
75
587
70
2 577
650
76
615
67
610
KC1
fi78
3,039
628
623
c71
5,935
1,186
4,749
5,968
1,215
4,753
95
98
657
589
677
562
9 331
5,931
1,127
4,804
87
1,210
37
9
28
82.16
85.62
93.04
88.25
85.25
86.01
84.60
82.56
156. 85
165.87
166. 84
167. 43
167.43
167.43
168.04
169. 20
169. 69
169. 69
169. 11
170.31
171.47
6,934
366
6,430
274
533
415
585
400
492
378
534
350
491
313
470
294
469
111
434
274
487
°88
524
310
582
294
540
291
9
Production
. _ do
6 574
Shipments
do
6 849
Stocks (gross) , mill and concentration yards, end
of period
mil. bd. ft.1,087
Exports, total sawmill products
M bd. ft.. 100, 581
Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1957-59=100..
94.3
Flooring, B and better, F. G., 1" x 4", S. L.
1957-59=100..
97.1
6 665
6 522
578
587
622
600
520
514
582
569
567
528
545
400
528
514
470
ein
c/y>
605
598
eon
roo
48fi
508
407
1,230
99, 202
974
10, 078
996
8,991
1,002
6,903
1,022
8,897
1,061
7,364
1,117
7,264
1,159
5,688
1,230
7,855
1,271
6,566
1,279
7,042
1,286
8,329
1,269
6,425
1,292
8, 502
Southern pine:
Orders, new.
Orders, unfilled, end of period
Western pine:
Orders, new
Orders, unfilled, end of period
mil. bd. ft..
. . do
566
9°
rfi r
105.1
107.5
107.3
107.1
107.8
107.8
107.6
104.2
102.4
101.0
101.0
101.6
101.4
106.2
107.9
107.4
106.9
108.1
108.6
107.9
107.7
107.2
106.2
105.8
105.8
105 8
807
415
800
384
751
402
781
427
732
476
865
501
904
503
871
511
884
507
1,526
mil. bd. ft..
do
10,400
535
10,400
427
820
535
867
506
906
506
920
461
Production
....
do
Shipments
do
Stocks (gross), mill, end of period
do
Price, wholesale, Ponderosa, boards, No. 3, 1" x
12", R. L. (6' and over)
$ per M bd. ft..
10 251
10 398
1,732
10 442
10 508
1,666
960
968
1,480
942
896
1,526
852
906
1,472
977
964
1,485
754
755
652
683
770
R4.1
Q47
1,653
747
733
1,600
1,667
1,666
1,635
1,564
1,609
1,566
67.42
69.39
82.40
79.06
70.69
68.74
67.69
66.28
64.87
64.01
65.88
66.40
69.55
73.32
do
31.2
11.1
29.0
30.2
3.1
31.2
16.3
25.1
26.7
1.8
2.3
16.0
2.0
2.4
2.8
2.8
16.4
2.2
2.4
2.5
3.0
17.3
1.8
2.3
2.1
2.5
17.6
2.3
2.5
1.8
2.1
17.3
2.0
1.9
2.0
1.3
16.2
2.2
2.5
1.7
2.6
16.7
2.2
2.0
1.7
1.8
16.3
2.1
2.0
1.8
1.7
16.2
1.9
1.9
1.9
2.2
16.7
1.8
1.8
2.0
3.0
17.5
2.2
2.1
2 o
3.1
18.0
2.1
9
2
2.2
do
do
do
do
do
818 4
64.3
778.7
783.3
35.4
618 1
26.0
685.6
654.4
58.3
51 0
78.7
62.1
60.7
30.7
50 2
62.0
66.0
65.9
29.0
40 6
52.1
54.9
50.4
33.5
46 3
40.7
65.6
58.7
39.9
40 6
31.4
56.1
51.6
44 4
35 9
26.4
50.6
40.9
52 6
38 5
25.4
44.3
40.3
55.6
4D 9
45 9
26.7
44.0
45.2
57 1
AQ O
31.7
42.4
43.0
56 4
fii i
39.4
51.6
53.4
53 9
34.8
46.4
44.0
55 9
969
854
884
831
K47
Q09
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new.
Orders, unfilled, end of period
Production
Stocks (gross), mill, end of period
Oak:
Orders, new
. . . .
Orders, unfilled, end of period
Production
..
Shipments
. . .
Stocks (gross) , mill , end of period
r
mil. bd. ft..
do
do
Revised.
*> Preliminary.
i See note "O" for p. 8-21.
I Revisions for 1964-65 are shown in Bu. of the Census report M31A(65)-13.
cf Formerly National Lumber Manufacturers Association.
26.0
41.6
38.4
58 3
OQ
2.3
17.2
2.5
2.4
2.3
A
31.8
.49. 9
46. 5
GO 3
FOOTNOTE FOR RAW STEEL, P. S-32.
AEffective Jan. 1967, the term raw steel has been substituted for ingots and steel for castings;
raw steel is denned as steel in the first solid state after melting, suitable for further processing
or sale, including ingots, steel castings, and continuous- or pressure-cast blooms, billets,
slabs, or other product forms. Current data for raw steel are comparable with the ingots
series.
SURVEY OF CURRENT BUSINESS
S-32
1967
1966
1966
1965
Unless otherwise stated, statistics through 19G4
and descriptive notes are shown in the ISG5
edition of BUSINESS STATISTICS
July 1967
i
Annual
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec
Jan,
Feb.
Mar.
Apr.
May
June
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous. sh. tons.._
Scrap
_-___...do
Pig iron
do
i 2, 496
16,170
128
1,724
5, 857
12
126
429
2
2
142
607
()
116
532
2
(;
126
454
( )
106
667
2
139
647
1
151
501
()
184
472
3
205
49)
()
190
544
()
162
776
(-)
160
641
1
137
805
1
Imports:
Steel mill products, .....
Scrap
Pig iron
10, 383
235
916
10, 753
464
1,252
919
17
137
1,014
19
104
1,082
24
174
1,090
23
95
1,089
23
208
940
36
104
1,151
28
166
770
21
43
782
31
44
744
12
46
882
22
36
828
14
40
1,030
18
62
90, 534
55, 213
35, 320
90, 359
7,638
92, 070
55, 463
36, 606
91, 584
8,193
8,214
4,930
3,304
8, 231
7,491
7,783
4,734
3,049
7, 797
7,483
7, 022
4, 380
2, 641
6, 795
7, 709
7,763
4,714
3,049
7,498
7,982
7,695
4,787
2, 908
7,677
8,005
7,838
4, 752
3,086
7,810
8,035
7,508
4,545
2,963
7,507
8,034
7,272
4,480
2,792
7,112
8,193
7,168
4,466
2, 702
7,254
8, 102
33,36
35. 00
29. 95
31.00
28.71
32.75
28.40
30.50
29.54
31.00
29.54
29.50
28. 84
28.00
29.18
27.00
28.64
27.00
27.88
27.00
27. 50
27 38
27.00
28 53
27. 00
20. 98
26.50
Iron ore (operations in all U.S. districts):
Mine production. ._ .. ..... . . -thous. Ig. tons
Shipments from mines
do
Imports
do
87, 420
385,331
45, 105
90, 704
90, 583
46, 259
9,992
11,655
3,502
10,784
11,953
5,154
10, 348
12,364
4,004
10,125
11,322
5, 677
9,826
11,144
5, 383
8,229
9,883
5,532
5,176
6,769
5, 158
5,085
2,845
2,811
4,773
1.869
2,864
4,576
1,772
2,049
5, 049
1,778
1,712
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants .
do
Consumption at iron and steel plants.
do
Exports
do
121,964
125,143
i 7, 085
128, 225
127, 694
7,779
15,421
11,658
1,048
15,370
10. 941
829
14, 628
10, 758
813
15,470
10, 562
778
15, 424
10, 941
922
14,613
11, 184
848
11,490
10,257
501
6, 691
10, 275
367
3,400
10, 203
252
3,391
9,370
366
3,753
10,479
346
69, 158
12, 667
53, 997
2,494
70, 038
12, 673
54, 658
2, 707
56, 712
19, 118
35, 891
1,703
60, 018
17,949
40, 278
1,791
62, 357
15, 933
44, 148
2,276
66, 009
14, 736
49, 056
2,217
69, 452
13, 431
53, 539
2,482
71, 755
12, 026
57, 010
2,719
71,494
10, 434
58, 242
2,818
70, 038
12,673
54, 658
2, 707
66. 280
15, 793
47, 843
2,644
63, 055
18, 637
41, 864
2,554
1,272
1,293
109
132
128
142
97
138
82
97
124
134
112
60
61
88, 173
88, 945
91, 509
91, 770
8,241
8,299
7,837
7,842
7,659
7,596
7,645
7,734
7,732
7,798
8,044
7,943
7, 470
7,384
7,350
7,293
7,374
7,355
6,804
7,587
7,215
7,321
2,329
2, 962
2,179
2, 464
2, 452
2,516
2, 652
2,788
2, 962
3,036
62. 75
63.00
63.50
62. 75
63.00
63.50
69 75
63.00
63.50
60 75
63.00
63.50
62. 75
63.00
63. 50
62. 75
63.00
63.50
62.75
63.00
63.50
62.75
63.00
63. 50
63.00
63.50
'927
' 1, 246
'675
895
1,175
653
-
do
do
do
2
2
2
2
Iron and Steel Scrap
Scrap for consumption, total
thous. sh. tons..
Home scrap produced.
_ .._ .
do
Purchased scrap received (net)
do
Consumption total
do
Stocks consumers' end of period
do
Prices, steel scrap, No, 1 heavy melting:
Pittsburgh district
do
Ore
Stocks, total, end of period
At mines
At furnace yards
At U S. docks
do.- ...
do
do
do
Manganese (imi. content), general imports
do
6,988
9,816
736
14, 349
10, 015
626
59, 349
21, 908
35, 138 ~32~3ii~ 36, 645
2,315
2,303
2,162
Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous. sh. tons..
Stocks (consumers' and suppliers'), end of period
thous, sh. tons...
Prices:
Composite
$ per Ig. ton _
Basic (furnace)
do
Foundry, No. 2, Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of period
thous. sh. tons..
Shipments total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of period
thous. sli. tons...
Shipments, total
do
For sale-- ..
do
62. 75
63.00
63.50
62,75
63.00
63.50
62.75
63. 00
63.50
62.75
63.00
63. 50
62.75
63.00
63.50
882
15, 713
9,171
962
15, 716
8,928
953
1,390
793
1,000
1,405
819
1,036
1,119
669
1,022
1,327
784
1,034
1,344
768
1,012
1,346
757
964
1,268
711
962
1,214
669
940
1, 220
636
945
1,113
606
174
1,136
648
182
1,133
688
187
9?
59
186
99
62
196
73
46
198
88
53
209
95
60
210
96
58
193
92
59
182
89
56
161
90
54
147
85
54
140
95
'60
132
80
47
134,101
138.1
12, 191
147.8
11,403
142.8
10,791
130.8
11,097
134.5
11,280
141.3
11,509
139. 5
10,887
136.4
10, 435
126. 5
10,632
128.9
10, 041
134.8
10,963
132.9
10, 349
129.6
590
2,155
1,792
629
190
158
620
201
108
644
138
114
655
174
147
633
182
154
626
179
149
619
176
147
590
179
148
557
171
145
510
165
139
454
189
-•159
404
162
136
89, 995
3,806
6,764
9,103
1,776
8,221
334
596
822
152
8,033
318
582
815
158
7,179
278
548
758
149
7,788
312
582
797
142
7,718
314
570
781
148
7,495
321
572
752
141
7, 239
346
539
708
141
6,846
364
543
667
144
7,292
348
534
701
137
6,531
360
508
668
144
7,562
403
591
784
169
6,763
326
536
665
154
7,247
316
538
667
147
14, 523
9,126
3,276
1,999
9,233
3,495
5, 828
35, 468
10, 137
15, 972
1,321
830
301
179
886
344
559
3, 207
894
1, 455
1,324
820
313
180
900
334
582
3,021
842
1,307
1,162
719
292
143
859
279
534
2,613
756
1,114
1,264
772
304
177
864
317
558
2, 952
833
1,289
1,268
797
289
173
776
305
510
3,046
904
1,338
1,261
798
275
177
665
289
432 j
3,064 i
896 i
1,396
1,239
780
276
172
640
256 I
402
2, 968
848
1,356
1,148
746
235
157
587
241
427
2, 724
781
1,240
1,142
741
219
170
801
247
555
2, 827
799
1,299
1,059
673
215
160
557
249
510
2,476
710
1, 089
1,212
755
268
177
705
288
638
2, 772
794
1,208 I
i
1, 069
650
267
143
722
270
589
2, 432
686
1,085
1, 106
662
279
156
897
275
564
2, 737
796
1,238 j
10. 1
65. 1
67.9
5.4
10.9
5,9
5.8
5.0
10.6
5.6
5.9
5.0
10.9
4 7
4.4
4.9
1J.2
5.7
5.4
5.1
11.0
5.7
5.9
r
5.2
10.6
5.6 |
6.0
5.0
10.4
5,3
8.5
7.9
9.8
9.2
9,0
8.1
9.5
8.1
9.8
8.0
9.6
8.3
9.7
8.4
9.9
8.6
nR37
0844
n&43 1
084°
.0843
.0847
.0848
. 0848
Steel, Raw, Semifinished, and Finished
Steel (raw): A
Production.
._ _.
thous. sh. tons_. 3131, 462
135.3
Index
daily average 1957-59 = 100-..
Steel castings:
Orders, unfilled } for sole, end of period
436
thous. sh. tons _
1,961
Shipments, total
do
1,570
For sale, total
.
.
do
Steel products, net shipments:
Total (all grades)
.
. _ _ do _ . . 92, 666
4, 528
Hemiftmshe d products ...
do
6,798
Structural shapes (heavy), steel piling
do
9,764
Fktes . .
*
do
1.523
Rails and accessories
do
Bars and tool steel, total
. . . - _ do
Bars: Hot rolled o'ncl. light shapes)
do
Reinforcing
do
Cold finished ....
. do
Pipe and tubin?
do
Wire an d wire products
. , . do, . .
Tin mill products
...do
Sheets and strip (incl. electrical), total, -.do
Sheets : Hot rolled
. . do . . _ .
Cold rolled. ....
._....._ . do,._Steel mill products, inventories, end of period:
Consumers' (manufacturers only)- -mil. sh. tons ...
!
Receipts during pei iod
do
Consumption during period
.
do
Service centers (warehouses)
do
Producing mills:
In process (ingots, semifinished, etc.)
do
Finished (sheets, plates, bars, pipe, etc.) -do
St.f'pl (rsrlirm^ firntVinrl ' n m n n n c i f n nrinof
r
2
C nor IVi
14. 488
9,344
3,150
1,877
8.689
3,484
6,659
36,733
10, 630
16, 571
12. 9 |
68.7
67.0
4.5
r
Revised.
*> Preliminary.
i See note "O" for p. S-21.
3
Less than 500 tons.
Revised total; monthly revisions are not available.
A See similar note at bottom of p. S-31.
^Beginning Jan. 1964, the composite reflects substantial changes in products and weights
10, 604
128. 5
5. 0
10.1
5.0
5.3
5.4
10.1
5.3
5.3
5.5 !
10.0
4.8
4.9
5.3
9.9
5.4
5. 5
5.3
'9.4
4,9
* 5.4
'5.7
^9.0
*5.3
p5. 7
^5.7
9.8
S.8
9.8
9.2
9.9
9.1
10. 1
9.3
10.0
9.3
10.5
9.1
p 10.6
"9.1
.0848
.0848
.0848
.0848
used and is not comparable with earlier periods. The new composite price is based on AISI
net shipments of carbon steel and is the average price of all finished carbon steel products
(except rails and wire products) weighted by tonnage. Prices used are base prices at Pittsburgh; the average includes an additional 25% for "extra" charges but does not include freight.
SURVEY OF CURRENT BUSINESS
July 196T
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1967
1966
1966
Annual
S-33
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
401
401
3,196
June
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders, new (net)
Shipments
Backlog, end of period
thous. sh. tons..
do
.
do
4,868
4,321
3,151
5,059
4,664
3,141
474
386
3,609
366
422
3,365
427
349
3,466
431
413
3,435
301
393
3,282
390
414
3,219
404
382
3,234
345
374
3,141
307
341
3,251
325
331
3,078
489
445
3,391
472
390
3,276
(metal consumed),
thous. sh. tons..
4,863
3 5, 145
444
478
483
566
518
405
359
404
334
335
412
415
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons.- 2, 754. 5
Recovery from scrap (aluminum content).. do
3 769. 0
2, 967. 9
808.0
252.3
69.0
245.0
66.0
252.8
61.0
239.8
69.0
245.9
71.0
258.4
76.0
251.0
72.0
262.1
65.0
265,2
67.0
243.6
274.4
527.3
65.4
i 203. 6
521.8
119.1
188.2
52.5
10.7
13.0
51.7
12.7
15.7
37.2
11.7
13.2
40.5
12.0
13.1
39.6
9.5
16.4
36.6
8.1
18.7
33.6
10.0
16.5
40.7
6.8
21.8
36.6
7.7
20.5
32.7
6.5
24.9
41.1
6.8
24.0
44.5
5.3
21.9
39.0
4.5
19.6
64.8
.2451
74.8
.2450
67.7
.2450
63.1
.2450
70.0
.2450
61.9
.2450
62.2
.2450
65.8
.2450
66.8
.2450
74.8
.2450
76.6
.2474
69.1
.2500
69.8
.2500
.2500
.2500
8, 025. 5 '8,673.4
5, 688. 2 r 6,471. 6
2, 618. 6 ' 2,942.9
1,409.0 1, 639. 6
761.9
585.5
274.8
131.0
774.5
594. 1
275.0
133.1
649. 1
520. 1
241.1
102.8
762. 0
570.1
259.4
140.2
743.1
549.8
248.8
146.0
706.2
523.4
231.7
147.3
685.5
495.2
216. 7
142. 1
700.4
482.8
218.1
134.4
727.6
492.0
224.9
145.4
739.8
520.0
239.2
128.4
' 767. 7 730.4
' 560. 7 525. 5
243.3
'241.8
r
!36.4
128.4
765.1
543.1
239.7
1,351.7
1,711.8
1,335.7
376.1
429.4
1,421.2
1,711.0
1,353.1
357.9
472.0
126.4
144.8
117.1
27.7
47.4
121.6
152.9
118.2
34.8
43.7
107.1
136.0
106.6
29.4
41.6
114.9
135.0
107.9
27.1
40.8
116.6
151.0
116.9
34.2
37.6
124.4
139.6
106.3
33.3
34.9
120. 2
149.2
117.6
31.6
37.2
120.4
161.1
129.0
32.1
35.7
122.4
148.9
122.3
26.6
40.9
117.8
138. 6
111.5
27.1
33.1
132.9
151.8
124.9
26.9
41.0
'131.8
138.3
114.9
23.4
42.3
130.0
160.0
129.8
30.2
42.7
523.8
137.4
596.7
162.7
50.1
13.0
33.0
7.3
54.1
9.8
41.6
7.4
54.6
9.2
55.5
18.5
75.2
28.0
57.5
23.6
43.1
20.3
58.4
19.8
42.6
13.3
45.4
21.3
55.2
18.2
i 422. 1
i 325. 0
334.7
273.1
31.5
27.5
23.7
21.2
39.4
34.0
33.5
26.3
21.6
17.5
21.9
18.3
14.0
10.3
14.9
10.3
21.7
15.7
22.4
16.0
32.7
24.9
27.7
21.5
20.6
16.0
210.2
' 194. 1
r
240. 0
' 174. 0
.3624
204.5
233.9
169.4
.3787
197.8
227.1
160.6
.3810
Cans (tinplate), shipments
total for sale and own useO
NONFERROUS METALS AND PRODUCTS
Imports (general):
Metal and alloys, crude
Plates, sheets, etc
Exports, metal and alloys, crude
do
do
do
Stocks, primary (at reduction plants), end of
period
thous. sh. tons..
Price, primary ingot, 99.5% min
$perlb_.
Aluminum shipments:
Ingot and mill products (net)
Mill products, total
Plate and sheet (excl. foil)
Castings?
__
mil. lb
do
do
do
Copper:
Production:
Mine, recoverable copper
thous. sh. tons
Refinery, primary
do
From domestic ores
do
From foreign ores
do
Secondary, recovered as refined
do
Imports (general) :
Refined, unrefined, scrap (copper cont.).. do
Refined.
do
Exports:
Refined and scrap
do
Refined
_
do
3
do
2, 035.0 2, 382. 0 ' 189. 3 r 211. 1 ' 133. 9 r 205. 5 '211.3 ' 212. 2
. do
' 174. 0 ' 240. 0
' 254. 0
' 213. 0
do
' 113. 0 * 174. 0
' 154. 0
' 195. 0
$ perlb..
.3502
.3617 "."3603" .3593
.3633
. 3602 ""."3596" .3609
Copper-base mill and foundry products, shipments
(quarterly total) : f
C opper mill (brass mill) products
mil . lb
2,977
3,326
788
866
Copper wire mill products (copper cont.) do
2,177
2,494
573
650
r
Brass and bronze foundry products f
. _do
3889
1,007
'251
260
Lead: A
Production:
Mine, recoverable lead
thous. sh. tons
301.1 ' 3 327. 4
27.9
27.1
24.8
26.7
27.8
25.8
Recovered from scrap (lead cont.)
do
575.8
550.4
47.4
38.4
47.9
46.6
44.5
45.8
Consumption, refined (by mills, etc.)
Stocks, refined, end of period©
Fabricators'
_
Price, bars, electrolytic (N.Y.)
Imports (general), ore (lead cont.), metal.. .do
C onsumption, total
do
Stocks, end of period:
Producers', ore, base bullion, and in process
(lead content), ABMS
thous. sh. tons
Refiners' (primary), refined and antimonial
(lead content) . _
thous sh tons
Consumers' c? ___
do
Scrap (lead-base, purchased), all smelters
thous. sh. tons_
Pnce, common^grade (N.Y.)
$perlb_-
344.4
431.3
1, 241. 5 r31,323. 9
.3699
217.9 » 187. 0 P191.7
242. 3 p 240. 8 P270.7
177.5 * 193. 6 p205. 6
.3808
.3812
.3817
26.8
49.5
26.8
44.2
25.3
45. 4
25.3
42.2
'29.4
48.0
29.1
43.3
25.3
111.6
42.4
108.2
32.3
92.4
40.3
111.8
44.3
109.6
38.9
116.7
33.3
117.0
47.0
113.1
45.3
106.6
42.2
97.3
46.6
110.9
36.2
104.9
34.6
114.6
157.9
159.1
142.2
111.1
119.2
133.9
145.1
144.0
140.3
142.2
154.8
154.8
154.7
25.2
109.2
23.4
85.4
23.9
99.0
25.8
98.8
25.6
107.3
23.0
104.8
22.0
98.8
21. 8
91.9
25.3
88.5
23.4
85.4
24.9
92.6
29.7
90.2
29.5
98.6
32.2
97.3
54.8
.1600
48.3
.1512
46.3
.1514
42.1
.1500
42.5
.1500
45.3
.1500
44.7
.1500
47.4
.1424
46.8
.1400
48.3
.1400
45.9
.1400
46.8
.1400
46.3
.1400
49.3
.1400
4,326
40, 814
* 25, 076
3 3, 401
84, Oil
58, 550
2 4, 372
41,624
25, 318
3,315
85, 486
60, 209
1,224
4,016
2,270
335
7,500
5,205
100
2,542
2,440
280
7,475
5,150
2,837
1,780
270
6,320
4,680
566
4,206
2,145
275
7,425
5, 260
1,000
3,816
2, 180
275
7, 190
5,150
336
2,889
2,115
275
6,970
4,970
312
3,967
2,040
255
6,840
4,715
208
3,418
1,910
275
6,595
4,535
17
3,662
1,910
265
7,000
5,040
393
2,883
' 1, 945
265
6,720
4,875
122
4,268
1,940
260
7,260
5, 275
32
5,350
6, 685
4,740
Exports, incl. reexports (metal)
do
Stocks, pig (industrial) , end of period §
do
Price, pig, Straits (N.Y.), prompt
$ perlb..
i 3, 064
27, 661
1. 7817
3,069
22,687
1.6402
408
24, 385
1. 6928
145
24, 970
1.6077
197
23, 380
1. 5987
80
23, 580
1. 5642
290
24, 250
1. 5412
93
24, 075
1.5451
116
23, 105
1. 5422
249
22, 520
1. 5399
737
22, 400
1. 5388
422
20, 665
1. 5438
235
20, 500
1.5371
209
20, 825
1. 5333
Zinc: A
Mine production, recoverable zinc
thous. sh. tons^Imports (general) :
Ores (zinc content)
do
Metal (slab, blocks)
do
611.2
571.1
51.5
47.9
45.7
49.7
45.3
44.1
42.9
42.5
43.6
43.7
50.1
49.2
429.4
153.0
521.3
277. 4
32.8
26.3
43.1
28.3
26.5
21.6
70.9
23.8
62.1
25.7
39.2
27.4
48.0
26.7
56.0
21.3
47.9
27.2
51.2
11.1
48.6
26.9
46.8
14.9
3 122. 9
118.7
9.7
9.7
9.9
3 265. 1
18.9
229.2
18.9
19.4
'Revised
P Preliminary.
1 See note "Q" for p. S-21.
2 Total for 11 months.
3
Revised total; monthly revisions are not available.
OData reflect changes in conversion factor effective Sept. 1966 and Jan. 1967 and are not
strictly comparable with those for earlier periods.
^Effective 1966, estimates are derived
from a new sample and are not directly comparable with earlier data; see note in Feb. 1967
SURVEY.
©Beginning 1966, total includes copper not previously covered; see note in
9.3
18.6
10.1
19.6
9.4
19.7
10.3
19.3
9.4
19.6
lg tons
do
do
do
do
do
Consumption (recoverable zinc content):
Ores
Scrap, all types.. _ _ .
do
do
.3808
746
645
241
809
646
'248
106.8
Tin:
Imports (for consumption) :
Ore (tin content)..
Bars, pigs, etc
Recovery from scrap, total (tin cont.)
As metal
Consumption, pig, total
_
Primary
.2500
.1400
~1400
257
1.5311
1.5494
56.9
15.4
9.1
8.7
10.2
19.1
18.9
19.2
Feb. 1967 SURVEY.
& Consumers' and secondary smelters' stocks of lead in refinery shapes
and in copper-base scrap.
§Stocks reflect surplus tin made available to industry by GSA.
ABeginning Aug. 1964, data reflect sales from the Government stockpile.
tRevised series. Annual data back to 1959, adjusted to recent benchmarks, wil be shown
later.
SURVEY OF CUEKENT BUSINESS
S-34
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1967
1966
1966
Annual
July 1967
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PROD.— Con.
Zinc— Continued
Slab zinc:A
Production (primary smelter), from domestic
and foreign ores
thous. sh. tons.. 1 994. 4
Secondary (redistilled) production
do
183.6
Consumption, fabricators'
do
U,354. 1
Exports
do
5.9
Stocks, end of period:
628.6
Producers', at smelter (AZI)cf
do
Consumers'
do
151.9
Price, prime Western (East St. Louis) .$ per lb_.
.1450
1,038.1
72.4
1, 408. 3
1.4
88.8
6.0
123.5
86.4
5.9
118.6
.1
83.3
5.9
97.8
.1
82.6
5.9
124.0
83.5
5.8
117.7
.1
87.6
6.7
122.1
.3
91.1
6.8
119.8
.1
93.4
5.7
110.1
2
95.1
5.7
107.8
.1
84.1
5.4
104.8
89.2
5.4
105.8
.3
86.0
5.7
64.0
122.7
.1450
39.9
154.9
.1450
42.1
147.3
.1450
48.9
153.9
.1450
46.3
145.0
.1450
43.3
139.4
.1450
47.5
132.6
.1450
52.9
126.9
.1450
64.0
122.7
.1450
78.1
115.5
.1450
83.8
' 105. 2
.1450
87.9
108.9
.1450
103.7
113.4
105.6
.1450
.1356
.1355
7.5
90. 4
.4
8.1
.5
8.6
.5
6.8
.7
10.6
.9
8.6
.9
8.7
.6
7.3
.4
.5
6.5
.6
5.5
.6
5.9
.3
5.8
617.2
40.4
44.5
54.2
52.6
58.7
38.7
58.5
66.2
54.8
62.8
53.5
70.4
46.4
61.4
43.7
46.9
40.4
46.8
43.4
40.5
40.4
46.6
^39.1
30.3
43.3
2, 153. 7
234.1
177.4
22.1
208.3
25.2
131.4
13.7
173.2
19.5
181.6
20.9
177.7
16.0
181.9
16.4
164.3
15.6
138.7
12.3
163.2
13.5
206.9
16.1
161.3
13.6
1,415.2 n,418.5
Stoves, domestic heating, shipments, total §-.do
994.0 r 994. 8
Gas
do
Warm-air furnaces (forced-air and gravity air-flow),
1, 566. 6 r 1,335. 7
shipments, total §
thous
11,228.7 rl, 028.0
Gas
do
2, 616. 4 2, 488. 9
Water heaters, gas, shipments
do
95.1
70.9
92.8
69.8
128.1
99.4
169.7
121.7
209.3
150.5
204.4
139.2
148.8
104.1
75.1
51.6
56.1
33.2
74.1
44.6
74.3
'49.4
70.2
44.9
98.3
79.0
194.1
105.6
84.1
207.6
104.2
82.2
210.9
146.1
112.3
208.4
159.9
115.2
202.6
160.5
119.0
222.5
115.2
80.0
178.5
86.4
64.5
176.4
88.1
68.3
206.4
86.8
66.6
203.7
f-94.0
'73.6
229.0
89.7
72.4
224.6
216.6
195.8
320.6
523.5
255. 0
13.4
1.4
8.3
10.6
1.0
5.8
9.7
1.8
4.0
.1
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:
111.6
Cast-iron
mil so ft radiation
115.3
Nonferrous
do
Oil burners:
i
564. 4
Shipments
thous
6
42 0
Stocks end of period
do
Ranges, gas, domestic cooking (incl. free-standing,
set-in, high-oven ranges, and built-in oven
broilers), shipments
.
..-_thous-.- 12,115.9
304.8
7
1
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly.:
Foundry equipment (new), new orders, net
mo. avg. shipments 1957-59=100-.
Furnaces (industrial) and ovens, etc., new orders
(domestic) net
mil $
Electric processing
do
Fuel-fired (exc for hot rolling steel)
do
Material handling equipment (industrial) :
Orders (new), index, seas, adj 0
1957-59=100-Industrial trucks (electric), shipments:
Hand (motorized)
number. _
Rider-type
do
Industrial trucks and tractors (internal combustion
engines) shipments
number
Machine tools:
Metal cutting tools:
Orders new (net) total
Domestic
Shipments, total.
_ _ _ ..
Domestic
Estimated backlog, end of period
Metal forming tools:
Orders new (net) total
Domestic
Shipments, total.
Domestic
Estimated backlog, end of period
..
208.6
66.9
232.4
67.9
322.5
279.9
60 0
17 7
63.4
16.5
227.6
340.6
319.5
326.9
379.8
219. 5
152.8
21.6
75.2
179.3
23.9
95.9
11.7
2.0
5.4
15.2
2.2
8.3
15.8
3.5
7.6
15.5
1.6
9.3
12.2
1.3
8.1
17.6
1.5
7.1
9.0
1.9
4.1
186.3
317.1
10.7
1.3
2.9
8.9
.8
4.1
18.2
1.2
5.0
207.2
198.3
198.5
204.8
216.4
215.7
218.9
204.2
212.8
212.4
177.2
176. 6
8,202
9,994
10, 390
12, 404
857
1,028
903
1,081
660
913
719
797
1,032
1,127
861
1,149
1,031
1,147
1,029
1,402
826
886
903
976
1,024
1,374
997
1,032
1 079
1,014
41,746
47, 043
4,015
4,305
3,359
3,598
4,161
3,829
4,285
4,202
3,465
3,417
3,985
3,552
3,748
mil $ 1,176.00
1,054.40
do
. do_.
958. 60
830.55
do
7.6
months. .
1, 531. 30
1, 392. 90
1, 145. 35
1, 028. 95
10.9
127. 65
119. 55
90.20
79.25
9.7
135. 20
123. 15
112.00
102. 35
9.8
120. 75
109. 10
79.30
72.70
10.2
113. 05
107. 10
80.95
74.40
10.3
137.70
126.50
104.05
93.65
10.8
128. 10
121.10
101.80
91.65
11.0
103. 50
93.20
96.60
85. 20
11.1
113. 10
100. 80
127. 05
113.40
10.9
88.50
81.10
86.45
77.80
10.5
95.35
83.65
94.20
84.75
10.5
99.10
87.70
124. 45
108. 95
10.2
•• 85. 40
' 77. 65
r 97. 10
' 86. 80
'9.9
95.65
86.00
110.60
100.30
9.7
321. 60
291. 34
331. 30
312. 70
8.4
31.15
27.55
27.40
25.85
9.5
39.15
33.00
30.60
29.35
9.5
27.95
26.60
24.00
23.30
9.8
24.65
22.70
26.70
24.40
9.7
19.90
17.95
29.60
27.60
9.4
23.75
20.90
27.05
25.60
9.0
24. 30
22. 75
28.00
26. 45
8.6
16.45
13.90
28.75
27.70
8.4
13.80
13.70
25.75
24.10
7.8
17.50
15.65
29.15
26.00
7.6
14.40 '18.05
13.65 ' 14. 65
30.60 ' 28. 85
28.40
27.70
7.1
'6.8
15.05
12.60
28.75
26.40
6.3
416.3
114.5
30.5
230.4
229.2
2 35. 8
241.2
284.3
286.5 r 2 103.1
2 103. 8
mil $
do.. .
_ do.
do
months. .
319.30
297. 75
287. 85
259. 80
9.9
Other machinery and equip., qtrly. shipments:
Construction machinery (selected types), total 9
mil. $.. U,722.4
Tractors wheel (con off-highway)
do
Tractor shovel loaders (integral units only),
Radio sets, productionO
do
Television sets (incl. combination), prod.O . -do
Electron tubes and semiconductors (excl. receiving,
power, and spec, purpose tubes), sales
mil. $..
Motors and generators:
New orders, index, qtrly
1947-49=100..
New orders (gross) :
Polyphase induction motors, 1-200 hp
mil. $. _
D . C . motors and generators, 1-200 hp
do
458.9
112.8
41.7
564.7
139 4
50 9
428.3
149.4
1,913.5
488.9
162 3
i 399. 1
419.0
193 0
92.6
92.8
1, 005. 9
280. 0
203.3
253.5
1, 220. 0
340.3
253.4
268.1
Tractors, wheel (excl. garden and contractors'
off-highway types)
mil $
830.0
Farm machines and equipment (selected types),
excl. tractors
mil. $._ 1,053.6
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments^ ..thous.. 30, 528
Household electrical appliances:
Ranges, shipments
(distributors'), domesticf
thous 2, 022. 6
Refrigerators and home freezers, output
1957-59=100._
147.8
Vacuum cleaners, sales billed
thous 1 5, 106. 9
Washers, sales (dom. and export) . _ . _ _ _ _do . _14,347.1
Driers (gas and electric), sales (domestic and
export)
thous 12,098.4
r
' 2, 302
1,870
135.3
506.6
397.2
125.4
397.7
272.5
138.9
394.9
346.4
119.3
117.5
32, 124
1,972
2,106
2,094
2,880
3,136
3,642
3,596
3,312
2,747
2,179
1,966.5
163.1
162.4
169.3
173.5
158.0
153.3
147.1
131.7
156.7
140.0
163.0
5, 582. 7
4, 406. 3
176.2
397.6
349.6
181.0
402.8
413.9
156.5
414.6
384.7
118.4
417.2
446.5
174.0
545.3
422.7
196.5
506. 9
407.6
143.9
509.5
304.6
119.0
458. 8
245. 3
116.4
454.9
317.0
124.4
444.3
325.4
2, 360. 8
108.6
144.8
161.9
262.0
292.0
297.9
201.6
201.9
220.4
202.2
186.2
32,521
31,289
2,091
1,124
2,075
1,165
32,338
31,333
1,727
853
1,479
1,049
31,771
80.0
72.5
69.2
69.8
63.7
'60.1
64.9
24,118
11,028
23, 595
12, 402
1,801
874
3 2,075
U,125
1,234
586
1,642
920
757.0
i 871. 7
74.3
77.8
57.8
72.7
215
239
210.1
44.6
s 113.3
51.3
59.8
3.8
5 10.1
3.9
58.2
4.5
59.2
3.3
59.8
3.8
510.5
4.5 1
58.3
4.9
57.7
2.8
31,171
' 1, 483 r 1, 584
'729
680
56.1
224
220
236
255
'Revised.
* Revised total; monthly revisions are 4not available.
2 For month
shown.
3
5
Data cover 5 weeks; other months. 4 weeks.
Less than 50 tons.
Excludes orders
for
motors
1-20
hp.;
domestic
sales
of
this
class
in
1966,
$127.6
mil.;
May
1967,
$10.1
mil.
6
Reported yearend stocks. See BUSINESS STATISTICS note. 7 Total for 11 months.
ASee similar note, p. S-33.
cf Producers' stocks elsewhere, end of June 1967, 26,800 tons.
§For revised 1965 annual data and for monthly shipments beginning Jan. 1966, certain types
243.9
54 2
17.2
59.1
4.5
58.2
5.0
59.2
4.1
59.1
4.3
58.3
5.0
previously classified as heating stoves are included in warm air furnaces.
©Effective
Apr. 1967 SURVEY, data revised back to 1961 to incorporate new seasonal factors.
t Re vised series. Data include factory distributing branches and direct factory shipments
to retailers and other domestic customers; comparable Jan.-June 1965 sales appear in footnote
in Sept. 1966 SURVEY.
9 Includes data not shown.
ISee note marked "V bottom of p. S-35. OSee note marked "O" bottom of p. S-35.
SURVEY OF CURRENT BUSINESS
July 1967
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1966
1967
1966
May
Annual
S-35
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
May
Apr.
June
PETROLEUM, COAL, AND PRODUCTS
1
i
COAL
Anthracite:
Production
thous. sh. tonsExports
do
Price, wholesale, chestnut, f.o.b. car at mine
$ per sh. ton.
Bituminous:
Production
thous sh. tons
12.979
12. 824
12.005
12. 005
12.005
12.355
12. 840
12. 985
13.475
13.475
13. 475
512, 088
532,000
46, 074
45, 702
35, C71
50, 965
47, 243
48,990
46, 791
48, 324
47, 000
Industrial consumption and retail deliveries,
total?
thous. sh. tons.
Electric power utilities _ _ _ _ _ _ _ _ _ d o .
Mfg. and mining industries, total
do __
Coke plants (oven and beehive)
do
459, 164
242, 729
196, 732
94, 779
486,498
264, 202
201,722
95, 975
37,420
19,972
16,660
8,272
37, 994
21,269
16, 149
8,159
39,240
22, 962
15,736
8,224
39,818
22,684
16,119
8,329
38,486
20, 990
15, 992
8,073
41,279
22, 009
17,171
8,213
42, 052
22, 433
17,379
7,947
45, 395
24, 602
18, 145
7,997
45, 023
24, 723
17,689
7, 946
19, 048
19, 965
706
498
474
938
1,432
2,023
2,163
2,628
2,610
77, 393
53, 437
23, 603
10,506
74, 466
52, 895
21, 332
9,206
69, 761
48, 605
20, 918
8,485
73, 173
50, 589
22, 304
9,078
65, 344
46, 424
18, 622
6,683
68, 558
48, 793
19, 450
7,265
72, 471
51, 981
20, 183
7,632
75,336
54, 520
20, 525
8,180
75, 534
54,409
20,845
8,568
Retail deliveries to other consumers
14, 866
1851
do
Stocks, industrial and retail dealers', end of period,
total
thous. sh. tons
Electric power utilities, _ _
do
Mfg. and mining industries, total
do__.
Oven-coke plants
_ _
do
Retail dealers.
_
do
12,951
766
1,232
62
1,196
101
876
52
1,190
53
1,040
87
1,124
91
1,025
44
1,003
37
829
60
74,466 ' 72, 951
52, 895 51, 307
21,332 21, 425
9,206 9,244
669
35
859
41
1,032
37
13. 475
13. 475
12. 005
42, 390
47, 670
44, 730
41, 517
22, 758
16,209
7, 258
41,711
22, 910
17,117
7, 979
37, 380
20, 955
155645
7,617
2, 5oO
1,680
729
70, 196
49, 583
20, 439
9, 364
71,231
50, 702
20,380
9,491
74, 714
53, 702
20,864
9, 847
353
239
238
280
298
315
307
291
280
239
219
174
H9
148
Exports
..
do
i 50, 181
Prices, wholesale:
Screenings, indust. use, f.o.b. mine
$ per sh. ton.
4.794
Domestic large sizes f o b mine
do
6.926
49; 302
4,238
5,038
4,038
5,156
5,070
4, 877
4, 240
3,175
2,622
MiO
3, 102
4, 193
4.952
6.971
4.986
6.614
4.986
6.695
4.986
6.795
4.990
6.953
4.990
7.259
5.031
7.011
5. 1 13
7.056
5.129
7.143
5. 122
7 162
5. 122
7.162
5.11U
7.197
5.238
0. 463
1,657
65,198
17,208
1,443
65, 700
17,611
113
5, 674
1,448
121
5,528
1,419
102
5,682
L470
140
5,714
1,530
142
5,512
1,405
141
5,604
1,478
135
5, 425
1,518
126
5,482
1,573
119
5,453
1,537
93
4,996
1,341
62
5.552
1, 523
62
5, 317
2,701
2, 445
256
1,478
1834
3,030
2,822
208
1,459
1,102
2,166
2,009
157
1,563
146
2,080
1,939
141
1,552
109
2,258
2,061
197
1,582
77
2,438
2,228
210
1,556
68
2,575
2,356
220
1, 506
100
2,635
2,428
207
1,484
96
2,821
2,621
200
1,459
95
3,030
2,822
208
1,459
95
3,249
3,018
231
1,489
76
3,388
3, 156
232
1,474
68
3,527
3 ; 273
254
1. 453
67
3,730
3,465
265
18, 761 2 16, 076
2.92
2.93
3,300.8 3, 447. 2
87
91
1,380
2.92
290.1
90
1,544
2.92
285. 6
92
1,393
2.92
299.8
93
1,597
2.92
297.9
92
1,198
2.92
290.1
93
1,489
2.98
295.4
91
1,285
2.98
280.9
90
1,792
2.98
298.3
'93
950
2.98
293. 8
91
1,303
2.98
268.4
92
1,168
3.00
296.1
92
mil. bbl
4, 190. 9
4, 446. 8
373.7
365.7
371.9
377.4
358.2
373.5
366.5
383.3
405.4
356.5
397.5
do
do
2, 848. 5
441.6
3, 039. 0
468.7
259,8
39.4
251.5
37.9
256.3
38.9
257.0
39.3
248.8
38.0
259.3
40.4
252.8
40.0
263.8
41.6
265.6
43.5
241.5
'39.3
264.9
43.2
do
452.0
448.7
447.1
492.0
37.3
37.2
39.0
37.4
39.1
37.6
41.5
39.7
36.0
35.4
36.0
37.7
34.4
39.2
32.0
45.9
41.1
55.2
29.2
46.4
37.6
51.9
r
1, 189
46
1,230
48, 880
44, 625
4,912
COKE
Production:
Beehive
Oven (byproduct)
Petroleum coke §_
Stocks, end of period:
Oven-coke plants, total
At furnace plants
At merchant plants
Petroleum coke
E xports
thous sh. tons
do
do ..
do
do
do
do
do
58
48
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
_.
Price at wells (Okla -Kansas)
Runs to stills t
number
$ per bbl
mil bbl
All oils, supply, demand, and stocks : t
New supply, total
Production:
Crude petroleum .
Natural-gas liquids, benzol, etc
Imports:
Crude petroleum
Change in stocks, all oils (decrease,—).
8."56"
do
-2.9
49.4
30.2
9.5
30.3
14.6
13.7
12.9
-10.7
-31.7
1.4
-18.4
-12.8
do
4, 193. 7
4, 397. 5
343.6
356.3
341.6
362.8
344.4
360.6
377.2
415.0
403.9
374.9
410.4
do
do
do
do
1.1
67.2
4, 125. 5
1,3720. 2
97. 6
1.5
70.9
4, 325. 1
1, 793. 5
101.1
0)
5.5
338.1
153.7
5.9
.1
6.1
350.1
165.1
4.9
.2
6.1
335.3
159.6
4.6
.2
5.9
356.8
164. 5
5.9
.1
6.9
337.4
149.9
7.5
.1
6.0
354.5
150.9
7.9
.1
5.7
371.4
148.0
10.7
.1
6.0
408.9
150.3
13.0
(4)
5.7
398.2
137.3
13.6
6.6
368.3
128.9
12.4
.1
6.3
403.9
152.2
9.6
775.8
587.0
219. 6
797.2
626.4
244.4
53.2
43.2
20.3
48.5
44.4
20.7
43.3
43.0
17.7
51.3
45.1
19.5
50.4
42.1
21.1
58.6
47.3
22.9
74.7
53.0
21.5
92.9
62.9
23.0
92.5
70.5
21.2
89.1
62.8
20.1
90.2
67.7
23.7
do
do
do
47.1
127.6
a 307. 1
48.9
134.1
323.9
4.4
12.1
22.9
17.2
21.6
17.5
21.7
19.6
23.5
16.5
24.1
15.8
27.1
3.0
9.2
31.2
4.0
4.8
35.3
3.8
4.7
35.5
3.0
3.1
30.9
3.9
5.9
30.0
do
do
do
do
836.3
220.3
35.9
580.2
885.7
249.6
40.4
595.7
847.2
255.6
36.4
555.2
856.6
259.7
41.4
555. 5
886.9
254.4
46.3
586.2
901.5
254.1
50.6
596.8
915.3
248.1
52.4
614.8
928.2
247.3
52.2
628.7
917.4
252.9
47.9
616.6
885.7
249.6
40.4
595.7
887.1
261.9
35.6
589.6
868.7
263.6
33.3
571.8
855.9
269.3
35.8
550.8
do
do
do
1, 704. 4
34.8
3
183. 1
1, 792. 6
3.6
194.2
147.7
.1
203.6
146.8
.4
185.9
156.0
.4
183. 3
157.2
.4
177.0
151.3
.4
179.7
155.5
.3
185.2
149.3
.4
187.2
156.1
.2
194.2
154.3
.3
212.4
136.4
.4
221.2
136.4
.3
216.2
.113
.114
.113
.118
.118
.118
118
.115
.115
.113
.113
.115
. 120
.120
.218
.208
.218
.218
.216
' Revised.
v Preliminary.
i See note "Q" for p. S-21.
2 Reported total monthly
revisions not available.
« Beginning Jan. 1965, gasoline excludes special naphthas; aviation
?n i !?Ve^rtS fim?h.e^ grades only (alkylate excluded); commercial jet fuel formerly
T»n 5o& ^ t kerosene) is included with jet fuel.
* Less than 50,000 bbls.
• Beginning
fiX'«}2*'«?!J m
£? ^SS??d* ?ron^ld r.efi™*Y gases formerly shown under petrochemical
feedstocks; comparable 1964 total, 295.1 mil. bbls.
? Includes data not shown separately.
§Includes nonmarketable catalyst coke.
{Revisions for Jan.-Oct 1964 will be shown
.221
.219
.219
.220
.221
.220
.227
.227
.225
Demand, total
..
Exports:
Crude petroleum...
Refined products
Domestic demand, total?
Gasoline
Distillate fuel oil
Residual fuel oil
Jet fuel
,
do
do
do
_
Lubricants...
Asphalt
Liquefied gases
Stocks, end of period, total
Crude petroleum
Natural-gas liquids
Refined products
Refined petroleum products: t
Gasoline (incl. aviation) :
Production
Exports.-.
Stocks, end of period .
_
Prices (excl. aviation):
Wholesale, ref. (Okla., group 3) ._ $ per gal
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.) ...
$ per gal
3
.224 1
FOOTNOTES FOR ELECTRICAL EQUIPMENT, P. S-34.
IData reflect adjustment to the 1963 Census of Manufactures; revisions back to 1963 are
available.
ORadio production comprises table, portable battery, auto, and clock models; television
sets cover monochrome and color units.
S-36
SURVEY OF CUR-RENT BUSINESS
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1966
1U66
May
Annual
July 1967
June
July
Aug.
1967
Sept.
Oct.
Nov.
Dec,
Jan .
Feb.
Mar. 1 Apr.
May
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS-Continued
Refined petroleum products— Continued
Aviation gasoline:
Production
.mil. bbl..
Exports
_do.
Stocks, end of period
do
Kerosene:
Production
__ _
_
.do
Stocks, end of period
do .
Price, wholesale, bulk lots (N.Y. Harbor)
$per gal..
Distillate fuel oil:
Production
mil. bbl..
Imports..
do
Exports... .
do
Stocks, end of period.
__do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$per gaLResidual fuel oil:
Production
mil. bbl
Imports
do
Exports
do
Stocks end of period
do
Price, wholesale (Okla., No. 6)
- $ per bbl._
3.3
.1
8.1
3 2
3, 5
3 6
3 5
4
3.6
3
35
37
3.3
7 2
7 0
7 2
7 3
7 4
7 1
7 8
8
i 94 5
1
24. 1
102 1
25 0
7 4
21.3
7 2
°3 5
81
27.1
9 0
30 3
7 7
30 4
7§
30 4
8 2
27 9
10 1
25.0
4
4
4
4
31
4
83
7 7
10 1
21.5
9 2
18 3
8 5
17 2
,107
.109
.109
61.9
9
.3
104.7
70.1
154. 1
f>8 o
11
1
131 3
87.0
2
<;>
2 9
3
,104
.102
.102
.102
.102
.105
.105
.105
.107
63.8
62 1
18
67,3
1i
69.2
10
65.9
1i
63 2
3
4
66.6
14
102.5
117 7
142.5
.2
9
3
69,9 .
16
155.4
785, 8
13 8
4 5
154 1
161 1
177.4
186.6
175.8
.090
.094
.092
.092
.092
.092
.095
.095
. 095
.097
.097
.099
.099
268 6
345.2
14.9
56 2
1.83
264 0
376 8
12 9
61 2
1.62
20,5
26.7
?0 9
27.4
20 4
25.0
21.2
28.9
21.7
31.2
25.3
36.1
t?
23.2
38.3
1.4
56.6
1.50
24.2
41.1
49.5
1.55
19 6
27 8
11
51 7
1.55
21.6
27.1
i 191 2
1
18 7
91,5 5
19 4
18 5
19.6
62 9
16 6
13 3
65 4
17 1
12 7
270
270
do
123 6
16.2
199 g
17.3
11 4
26.5
13 8
23 6
14 1
2o'. 9
do
56 1
200 2
9
60 1
15 1
5.3
13 8
4 9
13 3
13 2
32 0
37 7
32.1
37 4
72,338
28, 293
44, 044
69,383
28, 917
40, 446
6,100
2,263
3,838
628
590
980
554
496
880
38
46
Asphalt and tar products, shipments:
Asphalt roofing total
thous squares
Roll roofing and cap sheet
do
Shingles all types
do
3,8
do
_ _ -_.do.
_ _ _
41.2
3 2
V 3
.098
Stocks (at plants, terminals, underground, and
at refineries) end of period
mil bbl
Asphalt siding
Insulated siding
48 6
4 2
38.3
1
765.4
13 0
Jet fuel (military grade only) :
Product-loll
mil bbl
Stocks end of period
do
Lubricants:
Production
do
Exports
do
Stocks end of period
do
Price, wholesale, bright stock (midcontinent,
f o b Tulsa)
$ per gal
Asphalt:
Stocks end of period
Liquefied petroleum gases:
Production
1
1.2
.3
,3
.4
. 109
2.7
.3
.099
.9
.9
1.4
.8
56.9
1.55
59 6
1.55
61 6
1.55
64.0
1.55
63.5
1.65
61.2
1.65
5. 4
44.3
1.6
59.1
1.65
18 6
19 8
17 8
23. 0
16
3
9
37
17 7
22 6
19.5
21. 1
19.6
20.8
19.6
19.4
19 4
19 4
20.0
20.7
21.5
20.4
5.6
1.2
58
1.7
5 4
17
12 4
5.8
1.7
5.2
1.5
12.5
5 8
13
12.6
5,2
1.5
13,1
51
15
12 5
12.2
13.0
12.7
55
1 l>
13 1
5.0
1.4
13.7
13.4
.270
270
.270
270
270
.270
.270
.270
270
.270
.270
14 8
16.9
14 2
15.3
12 9
13.3
10 0
14.4
7 5
17.3
69
20 4
57
23.0
25.4
5.0
4 6
15 8
4.8
5.1
14 3
18 8
22 2
55
25 4
5.1
22 0
20.1
43.1
47.7
49 8
49.6
45.2
37.7
32 5
29. 9
32.6
8 127
3,050
5 077
6,540
2, 582
3,958
7,161
3,033
4,128
7,194
3,107
4,087
6,783
3,099
3,684
5,142
2,441
2, 702
3,555
1,773
1,782
3 422
1,652
1 770
3,680
1,506
2,174
5,337
2,232
3,106
48
54
44
52
77
60
59
80
62
60
77
68
55
76
53
41
66
37
22
53
r 49
31
20
41
25
73
34
34
70
33
40
66
4 716
4 366
6, 059
4 759
4 844
5,835
4 526
4,454
6,020
5 105
4,' 801
6, 286
*4 361
"4, 759
*5, 994
p4 507
p4, 797
808
650
770
616
829
640
1.1
QQ
5.1
4.8
.7
1.1
31
16
r 52
1.6
52.9
1.45
.145
5.5
1.9
.270
8.1
5.8
' 6, 089 6,418
' 2, 349 2,420
' 3, 740 3,998
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulp wood:
Consumption
Stocks, end of period,
Waste paper:
Consumption
Stocks end of period
do
- do
2 53 73(5
2 52 828
2 6, 410
58 881
55 382
6,059
4 569
4,794
5,001
4
QC7
4 664
5,313
4 772
4 564
5. 453
5 0'70
4 792
5, 639
894
511
746
562
893
576
134
1,945
256
140
1 898
236
115
1 847
220
134
1 980
243
3,962
1,530
3,421
338
133
297
322
134
286
318
131
273
759
241
436
82
729
258
387
84
700
250
369
81
716
233
393
91
do
do
do
3 i 402
3535
1 572
897
1,009
140
47
93
do
do
do
3,127
280
2,847
3 355
293
3,065
44, 049
19 113
20, 866
46, 558
23 228
22, 483
3,925
3,709
2 10 297
2620
10 159
do
do
do
2 1 482
' 21 473
2 2, 692
1 557
22 353
2,804
do
do
- - do
23,532
2 1, 647
2 3, 094
. do
do
do
.. .do
thous sh tons
do
899
488
4 730
4, 418
5,908
4 827
4 978
5,829
837
596
877
622
4 497
4 646
5,703
J>5, 708
' 788
'630
p645
P818
814
648
752
682
3 nTi
o 007
1,752
228
131
1,970
245
132
1,923
243
116
1 , 753
209
131
1,944
230
110
1,849
221
3 129
139
1,981
238
3 065
106
1,967
233
3 133
128
1,969
239
341
132
300
319
131
273
353
136
299
334
ll.J
300
322
119
281
348
132
288
322
124
271
345
132
294
337
350
290
314
746
249
408
89
775
266
418
91
743
252
398
92
773
296
386
91
700
292
3X2
86
729
258
3S7
84
751
289
379
83
778
323
379
76
805
322
407
76
'787
324
'387
'76
813
356
380
77
132
54
78
121
24
97
123
42
81
146
49
97
109
42
67
136
47
88
J.'J3
42
90
103
39
64
113
38
75
172
83
89
128
36
92
133
31
101
287
24
263
300
28
272
279
26
254
320
29
290
258
22
238
290
17
274
282
21
261
'293
35
258
287
20
267
261
19
242
297
25
273
245
20
226
4,034
1,718
1,964
12
r
248
3,996
1 699
1,946
12
339
3,677
1 586
1,769
9
313
4,027
1,727
1,966
12
323
3,780
1,658
1,803
12
307
4,090
1,783
1,992
12
304
3,859
1,692
1,881
11
275
3,612
1,626
1, 742
12
232
3,914
1,774
1,868
12
260
3,684
1, 654
1,753
11
266
682
WOODPULP
Production:
Dissolving and special alpha
Sulfate
Sulfite
-. ...
-.
-Groundwood
Defibrated or exploded
Soda, semichem., screenings, etc
Stocks, end of period:
Total, all mills
.
...
Pulp mills
Paper and board mills
Nonpaper mills... Exports all grades total
Dissolving and special alpha
All other.
-
Imports, all grades, total
Dissolving and special alpha..All other
._
PAPER AND PAPER
3
563
1
145
138
Revised.
9 Preliminary.
See note 2 for p. S-35.
revisions not allocated to the months.
3 See note "O" for p. S-21.
<-> con
1 H9
118
3
1 VI
1 1A.
PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, unadjusted. --thous. sh. tons..
Paper
do
Paper board..
do
Wet-machine board
do .
Construction paper and board
-do
T
2
4,015 ' 3, 812 *3, 846
1,794 ' 1, 730 *1, 727
1,895 ' 1, 856 »1, 879
11
13
p229
'215
313
June
SURVEY OF CURRENT BUSINESS
July 1967
19C5
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1967
1966
1966
May
Annual
S-37
June
Aug.
July
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
PULP, PAPER, AND PAPER PRODUCTS—Continued
...._
PAPER AND PAPER PRODUCTS- Con.
Paper and board—Continued
New orders (American Paper Institute) :§
All grades, paper and board
thous. sh. tons..
Wholesale price indexes:
Printing paper
195 7-59— 100
Book paper, A grade . - . _ _ _ . _ - . do
Paper board
do
Building paper and board
..
-. do
Selected types of paper (API);§
Fine paper:
Orders, new.
thous. sh. tonsOrders, unfilled, end of period
do
• 4, 107 ' 3, 637 ' 3, 968 p 3, 871
44, 296
46, 886
4,042
4,025
3, 703
4,036
3,791
4, 077
42
3, 742
3,582
101.4
110.0
96.4
93,0
101.7
115.1
97.1
92.8
101.4
114.6
97.2
92.6
101.9
114.6
97.2
92. 6
101.9
115.6
97.2
92.9
101.9
116.7
97.2
93.0
101.9
116.7
97.2
92.7
101.9
116.7
97.2
93. 0
101, 99
116.77
97.22
93.11
101.9
116.7
97.2
92.7
101.9
116.7
97.3
92.4
101.9
116.7
97.3
92.4
101.9
116.7
97.3
92.3
101.9
111.8
97.3
92.2
2,429
150
2,637
159
231
177
230
189
211
186
233
185
204
168
223
169
208
08
160
60
202
159
230
164
215
158
'233
'154
* 225
p 167
2, 410
2, 413
2,641
2 693
222
222
227
097
201
208
226
228
216
210
235
227
224
24
223
23
214
205
237
231
222
223
'233
'232
p 221
v 220
6,198
510
6,711
553
579
614
580
626
546
656
555
621
563
610
562
583
515
15
543
43
556
553
581
'572
'494
'496
'563
'487
p 547
p 507
5 993
5, 993
6 511
6 514
557
557
556
556
513
513
561
561
547
547
571
571
543
43
543
43
539
542
558
558
'518
'518
'568
'567
p 529
p 529
do
4, 590
do . . . .
210
4 723
200
387
245
390
240
369
398
374
215
234
227
392
214
392
92
205
05
382
200
392
212
'393
225
'416
v 389
' 220 P 212
do
do
4, 591
4 564
4 696
4 704
405
398
397
396
365
399
389
370
397
388
399
395
392
32
394
t)4
372
381
400
397
'392
'376
'463
'430
p 397
p 384
do
do
do
7 720
7,747
150
8 419
8 385
184
735
777
230
698
687
241
703
666
278
730
709
299
077
703
272
7 2 PI
717
281
714
14
738
38
9
58
58
667
740
1*4
698
612
270
659
602
327
695
653
369
670
692
348
704
741
311
do
do
do.
2,180
2, 183
19
2 408
2 405
21
205
207
17
205
204
18
194
186
211
207
192
195
26
30
27
211
210
28
214
14
21155
2S
198
205
21
227
209
39
212
199
51
225
225
51
223
221
54
227
249
32
Consumption by publisher sd*
do
Stocks at and in transit to publishers, end of
period
thous sh tons
6, 387
6 898
628
573
522
547
582
641
G26
26
593
542
511
585
609
616
573
681
668
677
688
799
737
70(1
705
05
031
682
672
676
654
676
Imports
.
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh. ton...
6,323
6 991
007
63?
494
587
024
ti05
(>01
01
577
563
500
549
528
136. 23
131 40
138, 40
138. 40
13S. 40
13S. 40
138. 40
138. 40
138.40
138. 40
138. 40
138. 40
138. 40
449
724
445
92
4C9
l.OSii
452
969
449
975
450
94
391
999
4H:
84
4?v)
937
435
90
461
943
463
95
442
42
883
83
463
63
94
412
731
423
84
456
748
404
91
451
720
455
92
450
705
453
91
459
695
452
90
160,152
13., 471
13. 072
12,371
14, 03(i
14, 227
14,353
98
13, 798
12, 982
12, 298
12,098
14, 050
12, 747
134 I
r<r •*
14'' 9
1°3 ( ;
145 1
\4'6 4
140.6
13-' 88
140. 1
124. 0
122.4
49 43
82 87
29.54
.220
45 25
95 03
39.37
.219
42 68
48 11
98 07 r 104 98
51.75
33.06
.206
.208
166 83
140 16
348 69
23. 37
164 54
146 33
352 28
26.26
150 I 9 r 164 60
133 78 146 39
347 55 '345 57
25.24
25.07
Production
Shipments
Printing paper:
Orders, new
__
Orders, unfilled, end of period
do
do
do
_do. .
Production
Shipments
_
Coarse paper:
Orders, new .
Orders, unfilled , end of period
do
do
Production
Shipments
Newsprint:
Canada:
Production
Shipments from mills
Stocks at mills, end of period.
United States:
Production
.
Shipments from mills
Stocks at mills, end of period
132. 40
Paper board (American Paper Institute): A
Orders, new (weekly avg.)
thous. sh. tons
i 417
Orders, unfilled, end of period
do
1796
Production , total (weekly avg.)
do
410
90
Percent of activity (based on 6. 5-day week)
Paper products:
Shipping containers, corrugated and solid fiber,
shipments!
mil. sq, ft. surf. area.. 148,471
Folding paper boxes, shipments, index of physical
volume.
194 7-49-- 100
128 2
4iv>
448
690
452
88
446
614
460
89
13, 999 13, 923
141.7 '128.6 p 133. 5
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption. .
Ihous Ig tons
Stocks, end of period
do
Imports, incl. latex and guayulc
do
Price, wholesale, smoked sheets (N.Y.)..$ per ]b_.
Synthetic rubber:
Production
_ __
Consumption.
Stocks, end of period
Exports
thous Ig. tons
do
do
do
Reclaimed rubber:
Production
Consumption
Stocks, end of period
i
514 71
100 01
445. 32
. 257
554 13
8'> 87
431. 66
,236
1 81393
1 540 11
311 95
2 281.78
1 969 97
1 666 06
348 G9
308. 44
do
do
do
9gQ oq
269 54
30 16
thous
167 854
9
46 88
47 53
90 84
91 45
38. 45 ! 42. 40
.241
,236
165 69
136 78
322 02
24.07
101 53
139 97
323 96
24. 59
k>
37 7
92 77
25. 94
. 234
155
]v?
?4'7
28.
•!'•»
43
71
01 1
46 79
88 75
38. 05
. 230
100
136
3.'!^
25
47 °4
K) 6°
30. 69
. 223
55
50
°,l
39
104 IK
14° 60
33" 9°
25. 18
9] 76
]»;18
151
?'*>\
24.
11
70
99
39
46 57
86 69
34. 52
.223
170
14"'
340
24,
91
76
40
10
9
4 (P
93 j<3
9} qi
99 79
9Q 88
SO (i9
30 36
20 71
39 99
29 21
21 66
31 00
20 73
20 33
30 89
14 809
15 869
1 5 000
14 483
15 058
77 36
264 51
3'? °9
4 05
92 18
30 79
04 gQ
92 QO
32 18
18 67
17 65
T' 41
90 93
90 87
39 41
30 7
177 169
14 885
14 473
12 187
13 959
9
48 89
87 59
34.22
,219
21 83
9
23 3°
21 58
r 38 56
109 18
33. 58
.208
30 94
119 66
155 09
l 7 30
338 26
22. 81
138 35
108 10
354 63
27. 40
17 98
14 04
15 53
°8 04
r 9
r 19 55
'.'208"
38
30 48
14 147
15 070
I 9 4°4
s 734
16 99()
4 330
11 788
181
16 9 (>5
4 835
11 993
1 37
r 39
. 220
TIRES AND TUBES
Pneumatic casings, automotive:
Production. _ _ .
Shipments, total
Original equipment
Replacement equipment
Export
.
do
do
do
do
169 9060
58 80
107 905
2 875
173
54
116
2
9
464
680
348
436
14 690
4*903
9 587
200
16 2 0
4 900
11 161
159
12 901
2 446
10*292
163
12 6 1
9 066
10 358
197
16 015
4 684
11 133
199
10 558
5* 269
1 1 ' 0°0
269
13 858
5 171
8 511
176
12 388
4 629
7*564
196
13 166
4 143
8% 845
' 178
11 353
3*234
7*898
929
14 434
4 455
q' 789
198
41 214
220
39 601
147
39 166
151
40 856
153
39 565
166
39 093
161
40 393
181
49 569
165
44 678
12^
47 594
115
48 273
156
44 410
147
37 GSX
107
3 533
3 336
11 039
126
3 669
3 770
11 107
80
3 185
3 402
11 119
96
3 301
3* 399
11 163
74
3 743
3 739
11 065
102
3 773
3 834
11 276
104
3 490
3 434
3 219
11 996
85
3 496
4 630
10 846
68
3 385 r 3 8099
3 312 ' 3 76
10 947 ' 10 999
55
101
3 lO'-j
3 531
10 631
108
9
696
3 546
9 888
65
Stocks , end of period
Exports (Bu. of Census)
do
do
2 9 381
37 016
49 sgg
9 051
Inner tubes, automotive:
Production. .
Shipments
__
Stocks, end of period _
Exports (Bu. of Census)
do
do
do
do
41 342
41 936
11 839
2
1,189
42 765
44 222
11 996
1,100
' Revised.
p Preliminary.
1 Beginning Jan. 1965, monthly data are 4-week averages
for period ending Saturday nearest the end of the month. Annual data for new orders are
52-week averages; those for unfilled orders are as of Dec. 31. 2 See note "O" for p. S-21.
9
3*998
11 704
86
d* As reported by publishers accounting for about 75 percent of total newsprint consumption.
{Revisions for Jan. 1964-Feb. 1965 will be shown later.
§Fprmerly American Paper and
Pulp Association.
AForrnerly National Paperboard Association.
SUEVEY OF CUKEENT BUSINESS
S-38
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
Annual
July 1967
1967
1966
June
May
Aug.
July
Sept,,
Oct.
Nov.
Doc.
Jan.
Feb.
Mar.
Apr.
24, 758
27, 940
May
June
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments, finished cement
thous bbl
1 374 086 380 665
35 330
41, 724
37 941
43 176
38, 672
38 400
29, 195
21, 044
18, 457
17, 066
709 3
23 2
159 0
746 9
24 9
159 8
636 7
23 2
148 2
615 9
25 2
139 2
544 0
21.6
115.4
408 8
20.4
90.7
410.6
18.1
82.9
369.8
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil standard brick
Structural tile, except facing
thous sh tons
Sewer pipe and fittings, vitrified
do
Facing tile (hollow) , glazed and unglazed
mil brick equivalent
Floor and wall tile and accessories, glazed and unglazed
mil sq ft
Price index, brick (common), f.o.b. plant or
N Y dock
1957-59-100
r
555. 5
24.4
124. 0
609.1
21.2
119.3
15.3
19.2
23.3
19.1
22. 9
20.6
112.9
112.9
8 089 1
313 3
1 732 2
7 606 2
267 4
1 610 3
753 8
21 2
148 4
812 3
24 5
174 4
326 9
308 1
26 2
29 2
27 1
28 7
26 3
25 2
23 7
22.2
22 0
283 4
272 7
24.2
26.1
21.8
23.7
22.3
20.8
20.3
18,9
18.9
108 4
111 5
111 1
111 8
111,9
111.9
111 9
112. 1
112 9
112.2
112.4
112.9
21.0
72.1
r
GLASS AND GLASS PRODUCTS
Flat class mfrs ' shipments
thous $
354 308
343 138
86 554
80, 852
87 930
76, 736
onee i ^ w uo w) glass ,
a
140 559
213 749
136 785
206 353
34 401
52 153
34 088
46, 764
34 755
53, 175
28,388
pmen is. _ _
Glass containers:
Production
thous gross
Shipments domestic total
do
General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
Beverage
Beer bottles
Liquor and wine
Medicinal and toilet
Chemical household and industrial
Dairy products
Stocks end of period
48, 348
202 050
11 764
18, 370
18, 996
18, 027
19, 821
17,163
18,392
16, 064
15, 609
17, 119
16, 852
18, 040 '19,185
19, 128
195 924
204 093
17 460
19 337
17, 125
19 768
18, 878
1-5,981
15,971
16,197
15, 271
15, 010
18, 485 '17,458
18, 860
21 605
1,713
1 653
1,578
2,533
2,767
1,760
1,478
1,403
1,448
1,651
2,056 '1,804
1,817
A Qft9
r 4 y',^
r 4 450
r 4 395
r 4 Q4Q
4 329
4 079
4 432
2,579
3,893
2,287
3,050
1,533
2,016
2,677
3,234
1,757
1,617
i, 368
1,852
2, 692
1,338
1,918
2,631
1,291
2,763 ' 2, 796 3,310
3,885 ' 3, 890 4,313
1,602
1,682 '1,495
' 3, 047 ' 3 210 r 3, 136
' 2, 943
3,069 ' 2, 959
505
425
'66
93
21 548
r d. 1 ^1
T
A
con
r '•*
Q77
3,350
4 197
1 540
3,236
3 415
510
92
r 2 555
31 892
32 403
2,561
r
do
do
do
20 283
36 134
17 273
do
do
do
38 797 r 39 766 r 3 350
6 882
516
r 5 gi2
81
1 265
1 141
do
26 Q45
30 084
5,911
10, 035
9, 635
5,479
1, 487
2, 678
1,706
2, 535
i 253
li, 177
do
9 320
8 958
'1 3U-r«
2, 111
i 768
do
..do
4,580
4,627
1, 430
82
1,339
80
1, 072
80
...do
...do
828
976
191
238
186
6904
136
206
1 368
8 083
1 089
g' g3Q
1 096
27 098
38 895
17 608
3,549
1,539
39 gi4
r
4 190
1,120
1,507
r
393
76
3 627
544
103
31,926
1,506
2,759
2,787
546
117
426
R6
448
94
424
108
3,093
442
77
2,865
497
78
29, 684
"ji 735
31,280
30, 084
31,500
32, 964
31,943
r
4 0^3
33, 462
4 2°0
3,074
453
71
32,814
GYPSUM AND PRODUCTS (QTRLY)
Crude gypsum, total:
Imports
Production
thous. sh. tons..
do
Calcined production total
Gypsum products sold or used, total:
Uncalcined uses
Industrial uses
Building uses:
Plasters:
Base-coat
_
Allother (incl. Keene's cement)
Lath
\Vallboard
All other
mil sq ft
do
do
319
271
322
678
294
3;6
228
*
1 828
55
76
215
483
r
43
TEXTILi; PRODUCTS
!
i
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills: f
Cloth woven total 9
mil linear yd
Cotton
do
Tvlanmade
fiber
do
2312
964
674
270
1,311
786
505
' 1, 307
782
'504
1,323
806
497
3,059
' 3, 046
2,836
2,020
12, 689
8. 866
3, 571
1,019
701
294
2 1,237
824
557
249
1,010
712
279
.'i.ilO
J 8S4
2 UJ5
705
280
1,001
722
265
2 1, 081
2856
2
353
2778
2285
940
667
254
953
673
262
do
do
do
1,139
676
442
1,306
766
521
1,045
607
416
1,084
620
444
1,175
656
501
1, 194
703
473
1, ISO
673
489
1,219
702
500
1,257
730
509
1,306
766
521
1,333
785
528
Orders, unfilled, total, end of period 9 H _ ...do
Cotton
do
Manmade
fiber
do
4,140
3,222
2,408
4,714
3, 504
1,099
4,453
3,305
4, 500
3, 302
1,105
4,135
3,124
925
3, 883
2, 9,72
8^5
3, 727
2, 839
821
3,382
2,533
3,222
2,408
3,209
2,423
783
746
718
39<5
1,341
5,008
8,755 39,204 * 9, 526
Stocks, total, end of period 9 d1
Cotton
IVtanmadc
fiber
3,023
999
746
1,046
i , 001
2
2823
13, 037
9,262
3,517
2,251
737
1, 158
2,290
'686
743
COTTON
Cotton (exclusive of linters):
Production.
10
Qinnings/\
thous running bales
9,557
14, 916
Crop estimate, equivalent 500-lb, bales
9,569
thous. bales__ 14.956
622
Consumption .
_
.
do
2953
9,647
769
9,296
Stocks in the United States, total, end of period
thous. bales... 23, 785
20, 438 18, 629 17, 467 16, 862
Domestic cotton , total
do
23, 680
20, 359 18, 553 17,396 16, 801
188
377
147
1,294
On farms and in transit
_ . . _ do_ .
2, 533
Public storage and compresses
do. . _ 19,619
17, 639 16, 524 15,761 15, 274
1,339
Consuming establishments
_
do
1,652
1,488
1,426
1,528
62
71
76
Foreign cotton, total
do.. ..
79
105
' Revised. l Beginning Jan. 1965, excludes finished cement used in the manufacture of prepared masonry cement 2(2,734 thous. bbls. in 1964); annual totals include3 revisions not distributed
to the months.
Data cover 5 weeks; other months, 4 weeks.
Ginnings to Dec. 13.
4
Ginnings to Jan. 15. 5 Crop for the year 1966. 6 Includes revisions not distributed
to the quarters, f Data shown here are not strictly comparable with those for earlier periods
for the following reasons: Beginning Jan. 1964, fabric classifications were revised and manmade
fiber drapery fabrics were added; beginning Jan. 1966, data reflect further changes in reporting
classifications, principally cotton blends.
* 9, 557
769
2 932
781
759
2852
770
749
2906
748
733
26,902
25, 202
25, 109
9. 993
23,615
21,904
21,822
2,255
20, 438
20, 359
1,294
19, 070
18, 991
1, 099
16, 262
1,630
79
17, 747
17, 669
853
14, 942
1,874
78
16, 565
16, 496
730
13, 779
1,987
69
15, 566
15, 505
851
12, 664
1,990
61
14, 462
14, 410
755
26, 803
11,318
14,177
1,308
99
14,012
1,104
93
23, 535
6,545
15, 873
1, 117
80
18, 229
1,338
82
17,639
1,426
79
11,690
1,965
52
9 Includes data not shown separately.
c?Stocks (owned by weaving mills and billed and held for others) exclude bedsheeting,
toweling, and blanketing, and billed and held stocks of denims. Effective Aug. 1965, stocks
cover additional manmade fiber fabrics not previously included.
If Unfilled orders cover wool apparel (including polyester-wool) finished fabrics; production
and stocks exclude figures for such finished fabrics. Orders also exclude bedsheeting,
toweling, and blanketing.
ATotal ginnings to end of month indicated, except as noted.
SURVEY OF CUERENT BUSINESS
July 1967
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1967
1966
1966
May
Annual
S-39
June
Sept.
Aug.
July
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
Juno
i
TEXTILE PRODUCTS— Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
Exports
_
thous. balesImports
_
___
_ _
do
Prices (farm), American upland
cents per Ib
Prices, middling 1", avg. 15 markets
do ___
Cotton linters:
Consumption
__
thous. bales.Production
___
do
Stocks, end of period...
do
MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly. total
mil. Ib
Filament yarn (rayon and acetate)
do
Staple, incl. tow (rayon)
do...
Noncellulosic, except textile glass:
Yam and monofilarnents*
do
Staple, incl. tow*_ _
do
Textile glass fiber. ...
do
Exports :
Yarns and monofilamenty , _ _
.thous Ib
Staple, tow, and tops.
-jo
Imports:
Yarns and monofilarnents
<lo
Staple, tow, and tops__
_
do
Stocks, producers', end of period:
Filament yarn (rayon and acetate)
mil. Ib
Staple, incl. tow (rayon)
do
Noncellulosic fiber, except textile glass:
Yarn and monofilaments* _ do
WOOL
Wool consumption, mill (clean basis):
Apparel class _ _
Carpet class __
Wool imports, clean yield*
_
Duty-free (carpet class)*
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, 3A blood
Australian, 64s, 70s, good topmaking
3,597
100
1,406
1 635
734
214
1
28.4
29 6
176
4
29 3
29 6
29 7
29 6
1,366
1 419
'725
120
87
804
2138
58
711
18.9
14.7
128.0
.493
102.9
19.5
15.1
132.1
.509
102.4
19.3
14.7
10.7
.536
8.2
.629
.891
.949
.667
.946
9,238
8,846
20.3
18.4
22.6
4.5
4.5
.23
3
37 51
a 22 0
518
3
21.9
21 8
22,0
21 9
458
7
19 8
22 0
458
5
20.7
22 0
401
5
20.5
22 1
288
3
20.4
22 2
91
37
641
104
42
584
2123
63
527
105
15^
567
93
168
636
293
158
725
91
152
778
89
111
810
2105
113
8°8
r 65
19.3
14.8
12.9
.515
2
9.9
19.3
14.8
8.6
.430
6.6
19.5
15.1
10.6
.530
8.2
19.6
15.1
212.9
.514
19.5
15.1
10.2
.508
7,9
19.5
15.1
2 11. 3
.453
28.8
19.8
15.3
10.1
.503
7.8
19.8
15.3
10.0
.499
7.8
211.9
210.1
19.5
15.1
10.5
.527
8.3
.667
.954
.667
.959
962
962
960
953
953
951
945
21.7
28.7
20.2
19.8
18.6
17.6
18.4
16.1
14.9
3.8
3.8
5.0
3.8
3.8
3.9
4.1
4.5
4.3
4.2
4.4
.25
3
39 39
.17
38 72
.17
38 7°
.17
38 75
.18
.21
.26
.29
.32
40 R7
.23
40 41
.25
Af\
.18
40 fin
00
QQ C1
34.9
18.6
17.5
35.8
18.7
18.0
36.2
18.8
18.0
36.2
18.8
18.0
36.2
18.8
18.0
36.2
18.8
18.1
36.2
18.8
18.1
36.2
18.8
18.3
36.2
18.3
18.3
3, 532. 2
825. 0
648.0
3,860.1
799.8
659.2
996.9
198.8
172.8
980.7
201.7
168.5
943 1
197.6
150.9
935.1
181.3
155.3
997.7
779.2
1:82. 3
1, 164. 7
904.0
332. 4
291. 2
250 0
84.1
302.9
292 4
85. 2
298.5
210 8
85 3
298.2
924 3
76 0
99,923
6 50 763
98, 722
F. r, 52'-*
9,209
5 506
8,, 262
5 104
7, 290
4 394
7, 056
4 025
7,484
5 165
15 690
130, 108
10 571
177, 570
I 752
13, 654
j 795
13 825
j 193
14^308
1 843
17 303
1 416
12 411
59,8
55 K
67. 3
70 1
57.6
53 5
55. 0
63.7
65 9
66.5
66.8
74. P;
109. 3
96.7
150.2
129.8
42.5
.28
85
.80
.28
.80
.80
3, 926. 2
1, 640. 6
855. 8
303, 9
4, 200. 7
1, 575. 5
733.8
334.7
1,091.4
405 8
187 1
83 2
998.0
382 2
178 2
86 8
1, 006. 0
368 3
169 9
80 6
1, 534. 6
1,909.1
497 8
444.0
467.8
643. 3
713. 5
627.2
1, 049. 2
164. 0
274.0
145.8
239.5
154.7
255. 0
519.4
167, 083
481. 2
173,701
2
9
2,287
r.A 7
2,083
117.8
109.7
23, ,'{
.28
84
.80
.28
84
.80
.28
84
.80
..28
7o
.81
.28
84
so
13, 958
127.8
14, 222
1 2, 745
12 821
114.6
14 061
9°3
13 349
1 600
11 910
65. ii
64.4
. 28
.28
K1
HI
87
38
765
.477
29.3
20.0
15.3
10.0
.501
7. 7
19.7
15.0
9.9
.496
7.5.
940
934
19.8
15.3
19 9
22 4
'y 237
9* 563
3 357
13 600
1 908
14 488
10 674
67.3
70.2
68.6
63.3
59.4
80.8
.28
72
.81
7 7
2 7 8
^2 1
83
26.4
16.1
i 99 f!
18.7
9.3
14.7
5.0
15.9
7.0
$ per Ib
do
do
1 249
1 192
1.156
1.349
1,171
1. 259
1 375
1.225
1.275
1 375
1 183
1.275
1 395
1 175
1. 275
1 395
1 165
1.275
1 S'-IO
i i * *o
1 275
1 360
1 098
1. 275
107.8
108. 2
109.1
109.7
109.7
109.1
108. 0
106. 5
267.3
265.2
65 56 6
42.7
1 ^gy
14 246
8,069
36. 14
17.8
18.4
7,492
8 fi
18 9
58
21.4
12.5
37. 50
7,453
6014
295
2 228 1
96
25.7
11.4
14.5
7 0^4
112 8
17 971
•I
6,685
KJA
163.9
121.2
46 8
79-
81
79
81
79
81
72
81
184
6 1
2 K 8
19.3
8.6
71
16.5
7.0
13.1
4.2
17.6
5.7
13.9
3.2
13.9
5.6
1 325
1 097
1.275
1 325
1 075
1.225
1 288
1 050
1.188
1 225
975
1.175
1 213
' 945
1.175
1 175
918
1.125
895
1.125
103. 4
102.8
100.7
100.1
98.2
91.0
109 7
109 7
1A9 7
61.8
109 7
416
19.7
22 2
831
8,101
15 062
23 o
85
23.1
8.3
!
94
£ M A.
7 fi08
15 227
66 6
103 6
277. 2
114.6
109 7
00
150.2
129.8
42 5
9
j
KA
36.2
18.3
18.3
8,609
.TTQ
274 7
112 3
271.6
108.9
74.2
on
7,5339
4 16
7,889
5
137.1
136.3
29.3
100.2
102.7
102.7
102.7
in? ?
3
Revised.
i Season average.
2 For 5 weeks, other months, 4 weeks.
Margins
thru July 1966 reflect equalization payments to domestic users (Aug. G1965-July 1966, 5.75
cents
per pound).
< Less than 500 bales.
« For month shown.
See "O," P S-21.
a
Reflects decrease in the 1966 national average loan rate.
§Data beginning Aug. 1965 for knitting yarn, May 1966 for weaving yarn, and Aug. 1966
lor denim are not strictly comparable with earlier prices.
At)
607
(4)
2,181
mil ib
d0
do
do
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, American
system, wholesale price...
—1957-59 =100. _
Woolen and worsted woven goods, exc. feltsProduction (qtrly.) _ _ _ .
mil. lin. yd..
Suiting, price (wholesale), flannel, men's and
boys', f.o.b. mill
1957-59-100.
r
341
30
«21 2
306
11
22.4
21 8
6
9
142
348
7
21.2
21 9
COTTON MANUFACTURES
Spindle activity (cotton system spindles) :
Active spindles, last working day, total
mil-Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total.-, bil
Average per working day
do
Consuming 100 percent cotton
do
Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
20/2, carded, weaving§
$ per lb_.
36/2, combed, knitting §
do
Cotton cloth:
Cotton broadwoven goods over 12" in width:
Production (qtrly.)
mil. lin. yd.Orders, unfilled, end of period, as compared with
avg. weekly production
No. weeks' prod..
Inventories, end of period, as compared with
avg. weekly production. .No. weeks' prod-Ratio of stocks to unfilled orders (at cotton
mills) end of period, seasonally adjustedA
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
Texti te glass
fiber
do
Prices, manmade fibers, f.o.b. producing plant:
Staple: Rayon (viscose), 1.6 denier . $ per Ib
Polyester, 1.5 denier*
do
Yarn : Rayon (viscose) , 150 denier
do
Manmade fiber and silk broadwoven fabrics:
Production (qtrly.), total 9-..
mil. lin. yd
Filament yarn (100%) fabrics 9 . _
do
Chiefly rayon and/or acetate fabrics . do
Chiefly nylon fabrics
do
Spun yarn (100%) fabrics (except blanketing) 9
mil. lin. yd...
Rayon and/or acetate fabrics and blends
_ . , ,. . .,
do
Polyester blends with cotton
do
Combinations of filament and spun yam fabrics
mil. lin. vd_._
Exports, piece goods
thous. sq. vd
3,795
99
28.0
29.6
1
1
1 1 7*i
1 235
975
1.175
54.7
109 7
1O9 7
103 9.
mi f;
A Revised data (1963-66) appear in U.S. Dept. Agriculture May 1967 COTTON SITUATION.
9 Includes data not shown separately.
*New series. Sources: Polyester staple price, U.S. Dept. Labor; wool imports, U.S. Dept.
Agriculture from Bureau of the Census records (such imports exclude animal hairs): Data
are available as follows: Price, back to 1955; noncellulosic yarn and staple—production to
1951; stocks, to 1953; wool imports, to 1948.
July 1967
SUEVEY OF CURRENT BUSINESS
S-40
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1967
1966
| 1966
Annual
July
June
May
Sept.
Aug.
Oct.
June
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
19, 234
17, 856
18, 990
TEXTILE PRODUCTS—Continued
APPAREL
Hosierv, shipments
Men's apparel, cuttings:}
Tailored garments:
Suits
Overcoats and topcoats
thous doz pairs
194 753
210 425
15 495
18 259
thous units
do
21 855
3 980
20 715
3 799
1 812
357
12 291
13 148
145, 673
Coats (separate) dress and sport
Trousers (separate), dress and sport
Shirts (woven fabrics), dress and sport
do
do
142,348
28 211
Work clothing:
do
Women's, misses', juniors' outerwear, cuttings:}:
Coats
thous units
Dresses
do
Suits
do
Skirts
do
20 527
19 095
19 938
20 096
15 873
18, 323
19, 296
1 QCO
•3QA
1 073
1 762
373
1 688
' 414
1 826
1 462
1 537
330
1 736
'283
1 436
252
238
226
1 152
13, 106
1 139
13, 446
692
1 099
13, 521
1 064
1 079
1,055
1,103
11,271
2 371
9 -3X1
9,741
1 604
2 178
13,122
2 373
3 906
5 909
4 096
464
352
4.R7
356
380
272
584
348
520
354
25 274
282 071
11 859
24 595
271 107
10 510
1 550
24 138
2 257
22 800
2 144
17, 677
2 451
21 897
2 109
21, 523
18 072
8 876
r 15 759
10 225
4 8fi9
Shirts
27 827
15 794
722
1 180
956
899
1 326
977
852
1 289
1*075
881
1 163
'929
791
1 238
824
r
1,724
'331
1,531
1,055 '1,176
11, 262 ' 12, 788
1,082
227
348
11,846
11,649
1,080
10, 491
2 392
2 446
2 207
2,382
2,477
' 2, 469
2,165
533
332
520
331
591
288
512
365
523
372
615
528
352
2,168
1,680
18, 311
2,075
22,292
984
1,918
24, 592
30, 453
'831
26, 978
881
1,151
1,205
'1,350
1,264
2,401
23,144
918
1 196
992
20,784
932
1,055
764
762
777
523
756
710
'407
r
'1,259
'792
10,913
911
571
749
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
aers, p ^ '' ^ \ *' ^oi;a
"*} • •*•-Prime contract
do
Sales (net), receipts, or billings, qtrly. total- -do
IT § r » f j T
A•
ff /•
n'
t
1 t \
/f
^
—5
4~
—
Engines (aircraft) and parts
do
Missiles, space vehicle systems, engines, propul-
27,223
16, 351
24,219
20,227
14,530
20, 383
13, 695
8,885
9 502
27, 547
15,711
14, 655
' 3 824
5, 788
3,011
5, 171
5,006
3,560
9,087
5,621
8,366
5,099
3,734
' 5, 908
'3,819
'5,449
'5,455
'3,921
4,960
3,423
4,343
5, 149
3,679
22, 938
13, 809
10, 939
3,022
26,868
15,736
13,887
3,750
27, 547
15,711
14,655
'3,824
27, 301
15,459
14,488
3,856
4,448
5,481
'4,510
4,538
4 778
'4,510
1,855
'2,492
2,360
2,363
' 2, 492
1, 592. 0
do
thous. lb_. 32, 200
mil. $
473.0
2, 087. 0
43, 983
553.7
224.8
4,809
41.3
169.8
3,747
54.4
148.6
3,106
31.3
161.7
3,372
44.6
149. 4
3,448
29.2
148.4
3,040
66.6
159.3
3,384
23.5
198.2
4,019
53.7
135.0
3,593
42.9
141.2
3,016
53.3
261.8
5,134
78.7
'224.9
r
4,329
62.3
262. 0
4,984
1.057.4 10, 329. 5
0.716.6 9, 943. 5
9. 305. 6 8, 598. 3
9, 100. 7 8, 336. 9
1.751.8 1,731.2
1.615.9 1, 606. 6
948.8
921.1
787.8
771.2
161.0
149.9
985.9
959.2
818.6
802.5
167.3
156.7
625.3
605.6
488.4
480.0
136.9
125.6
211.9
196.3
143.8
136.4
68.1
59.9
747.2
709.9
621.8
592. 4
125.5
117.5
985.3
936.9
835.3
797.7
150.0
139.3
980.7
928.5
832.6
791.2
148.1
137.2
923.6
878.1
775.1
740.5
148.5
137. 6
797.3
758.1
651.2
625.0
146.1
133.1
660.2
628.0
525.6
501.9
134.6
126.2
833.4
785.0
684.1
647.4
149.3
137.6
792.1
749.4
659.8
628.3
132.3
121.1
898, 3
MS."
750.3
713.4
34s. 0
135. 3
7.49
1.12
7.27
.70
1.07
5.70
.97
7.83
.57
.84
4.61
1.15
6.41
.51
.52
19.18
.83
5.24
.59
.74
27.64
.90
6.35
.49
1.00
28.31
.81
5.98
.55
1.01
30.31
.91
7.23
.42
.70
21.96
.89
7.08
.46
.88
14.19
.84
6.57
.51
1.09
31.41
.96
7.54
.53
1.14
26.69
.81
7.75
.57
1.19
25.85
1.33
9.09
.57
1.19
80.77
.38
4.06
69.34
.46
4.07
47.53
.20
4.05
77.38
.51
2.02
73.38
.58
3.26
78.69
.30
3.91
108. 55
.22
10.43
102. 30
.21
6.70
79.52
.33
5.49
88.46
.31
7.28
66.97
.21
6.06
10, 690
6,928
1,719
7,763
5,206
1,591
8,835
6,232
1,793
9,790
6,600
1,406
9,603
6, 468
975
8, 794
5, 961
1,454
8,376
5,602
1,222
8,084
5,274
1, 827
8,322
5, 253
1,658
752.5
52. 6
137. 4
832.7
59.0
151.0
743.6
58.1
141.6
573.8
64.4
121.9
766.7
64.7
128.0
732.1
51.7
120.1
808.2
56.3
136.8
616.1
46.4
113.2
538. 9
45.2
108.9
670.8
57.5
132.2
786.1
63.3
144.6
Other related operations (conversions, modifications), products, services
mil. $_.
Aircraft (civilian): Shipments©
Airframe weight©
Exports
22, 181
14, 571
20, 099
17,016
Y> 535
2,527
MOTOR VEHICLES
Factory sales, total
Domestic ..
Passenger cars, total .
Domestic
Trucks and buses, total
Domestic
thous. .
do
do
do
. . . __do_ _.
do
Exports:
9.92
Passenger cars (new), assembled
do
3105. 03
177. 58
1.21
Passenger cars (used)
do
i 10. 42
12.72
6.36
Trucks and buses (new), assembled
do
1 3 59. 67
78.64
.56
Trucks and buses (used)
__ . ._do
i 5.77
6.79
.95
Truck and bus bodies for assembly*
do
10.70
17.29
Imports:
74.06
858. 15
Passenger cars (new), complete units
do
559. 43
.57
5.75
Passenger cars (used)
do
8.00
2.22
42.96
7.60
Trucks and buses, complete units do __
Shipments, truck trailers:
103, 756 113, 545 10, 136
6,673
75, 527
Vans... . _ - _
do
65, 909
1,895
18, 402
14, 653
Trailer bodies, chassis, sold separately
do
Registrations:©
777.2
New passenger cars..
_ .thous-. 9. 313. 9 5 9,008. 5
569.4 fi 658. 1 50.6
Foreign cars
___ ___
_ .,
do
144.0
New commercial cars (trucks)
do
1, 528. 9 6 1,610.4
2 920. 1
"2" 703." 9"
2 150. 2
8,752
5,317
2,898
10,111 r'7,990
4, 829
6,309
2, 377 r 3, 431
a
807. 4
70. 0
139. 0
a
a
RAILROAD EQUIPMENT
Freight cars (ARCI):
Shipments
Equipment manufacturers, total,
Railroad shops, domestic .
number..
- . . .do
do
77, 896
53, 392
24, 504
90, 149
67, 744
22, 405
7,500
5, 473
2,027
7, 508
5, 307
2, 201
6,799
4,820
1,979
8,385
6, 251
2, 134
7,446
5,992
1,454
7,797
6,513
1,284
7,368
5,757
1,611
8,044
6,087
1,957
7,217
5,929
1, 288
8,101
6,048
2,053
9,156
7,054
2,102
8,311
6,466
1,845
0, 344
5,094
1,2,50
New orders
Equipment manufacturers, total
Railroad shops, domestic
do
do
do
88, 288
65, 617
22, 671
101,401
74, 661
26, 740
9,530
8,833
697
5.734
4,658
1,076
6,017
4,279
1.738
8,391
5,154
3,237
7,173
5,405
1,768
5, 966
5,218
748
6,209
4,466
1,743
8,401
2,889
5,512
2,055
1,743
312
3,358
2,908
450
5,028
3,824
1,204
1,728
1,444
284
4,177
3.252
925
Unfilled orders, end of period
Equipment manufacturers, total
Railroad shops, domestic
do
do
do
45.266
32, 873
12. 393
50, 618
40. 426
16, 192
61, 596
48S 478
13, 118
60, 378
48,341
12, 037
59. 874
48', 082
11,792
59, 750
40, 861
12, 889
59, 508
46,407
13, 101
57,883
45, 328
12, 555
56, 437
43, 781
12,656
56, 618
40, 426
16, 192
51, 450
38, 943
12, 507
46, 197
35, 293
10, 904
42, 055
32, 049
10, 006
34, 960
26, 515
8, 445
32,493
24,373
8,120
201
14
15
83
0
70
0
70
6
64
fi
59
3
56
0
56
0
83
0
83
0
83
0
83
0
83
0
83
0
83
* 1, 481
5,3
1, 497
4.8
1,486
5.0
1,487
4.9
1,487
4.9
1,489
5.0
1,489
5.0
1,491
5.0
1,491
4.7
1,497
4.8
1,496
5.0
1,498
5.1
1,498
5.0
1,499
5.1
1,490
.5.1
* 88. 20
« 59. 58
91.58
61.19
89.30
60.08
89.57
60. 23
89. 71
GO. 34
90.03
60.48
90.20
60.59
90.50
GO- 71
90. 71
60. 82
91. 58
61. 19
91.72
61.31
91.99
61.42
92.25
61.60
92. 51
61.72
92. Of
Passenger cars: Shipments,-.
, .
.do...
Unfilled orders, end of per_.-do_..
Freight cars (revenue), class 1 railroads (AAR):§
Number owned, end of period
thous.
Held for repairs, % of total owned
Capacity (carrying), aggregate, end of period*
mil. tonsAverage per car
tons
r
3
l
See note "O" for p. S-21.
2 Preliminary estimate of production.
Revised.1.
Beginning
ing Jan.
Jan. 1965, data exclude exports of Incomplete (unassembled) vehicles,
5- Annual total
months.
* See notee " §."
tocai includes
memoes revisions not
noi distributed
uisinuiueu by
uy n,
{Monthly revisions for 1963-65 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.
01.87
*New series. Monthly data prior to 1905 are available upon request.
0Courtesy of R. L. Polk & Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator ears and private line cars. Effective Apr.
1966, data include cars owned by three class II roads (over 2,600 cars end of Apr. 1966). Also,
change in definition of class I railroads, as stated in 1965 BUSINESS STATISTICS note, is reflected
in figures beginning Dec. 19G5, instead of Jan. 196,5.
« Omits data for '2 States.
INDEX TO CVKKENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate
Domestic trade
1-7
7,8
9,10
10-12
Employment and population
Finance
Foreign trade of the United States
Transportation and communications
12-16
16-21
21-23
23,24
Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products
25
26
26-30
30, 31
Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
31
32-34
35,36
36,37
Rubber and rubber products
Stone, clay, and glass products. . . .
Textile products
Transportation equipment
38-40
37
38
40
INDIVIDUAL SERIES
Advertising
10,11,16
Aerospace vehicles
40
Agricultural loans
16
Air carrier operations
23
Aircraft and parts
3,6,13-15,40
Alcohol, denatured and ethyl
25
Alcoholic beverages
8,10,26
Aluminum
23,33
Apparel
1, 3,4,7,8,10-15,40
Asphalt and tar products
35,36
Automobiles, etc
1,3-8,10,11,13-15,19,22,40
Balance of international payments
2
Banking
16,17
Barley
27
Battery shipments
34
Beef and veal
28
Beverages
4,8,10,22,23,26
Blast furnaces, steel works, etc
5,6,13-15
Bonds, outstanding, issued, prices, sales, yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials
5,
6, 8,10, 31,36,38
Building costs
9,10
Building permits
9
Business incorporations (new), failures
7
Business sales and inventories
4,5
Butter
27
Cans (tinplate)
33
Carloadings
24
Cattle and calves
28
Cement and concrete products
8-10,38
Cereal and bakery products
8
Chain-store sales, firms with 11 or more stores. . .
12
Cheese
27
Chemicals
4-6,8,13-15,19,22, 23, 25
Cigarettes and cigars
8,30
Civilian employees, Federal
14
Clay products
8,38
Coal
4,8,13-15,22,24, 35
Cocoa
23,29
Coffee
23,29
Coke
24,35
Communications
2,13-15,20,24
Confectionery, sales
29
Construction:
Contracts
9
Costs
9,10
Employment hours, earnings, wages
13-16
Fixed investment, structures
1
Highways and roads
9,10
Housing starts
9
New construction put in place
9
Consumer credit
17,18
Consumer expenditures
1
Consumer goods output, index
3,4
Consumer price index
7
Copper
23, 33
Corn
27
Cost of living (see Consumer price index)
7
Cotton, raw and manufactures
7,8,22,38,39
Cottonseed cake and meal and oil
30
Credit, short- and intermediate-term
17,18
Crops
3,7,27,28,30,38
Crude oil and natural gas
4,13-15,35
Currency in circulation
19
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend payments, rates, and yields
Drug stores, sales
3,7,8,27
16
18
11,12,17
16,17,19
16
26
2, 3,18-21
11,12
Earnings, weekly and hourly
14-16
Eating and drinking places
11,12
Eggs and poultry
3,7,29
Electric power
4,8,26
Electrical machinery and equipment
3,
5,6,8,13-15,19,22,34
Employment estimates
12-14
Employment Service activities
16
Expenditures, U.S. Government
18
Explosives
25
Exports (see also individual commodities).... 1,2,21-23
Express operations
23
Failures, industrial and commercial
7
Fans and blowers
34
Farm income, marketings, and prices
2,3,7
Farm wages
16
Fats and oils
8,22,29,30
Federal Government
finance
18
Federal Reserve banks, condition of
16
Federal Reserve member banks
17
Fertilizers
8,25
Fire losses
10
Fish oils and
fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products
1,4-8,10,11,13-15,19,22,23,27-30
Foreclosures, real estate
10
Foreign trade (see also individual commod.)
21-23
Foundry equipment
34
Freight carloadings
24
Freight cars (equipment)
4,40
Fruits and vegetables
7,8,22
Fuel oil
35,36
Fuels
4,7,8,22, 23, 35,36
Furnaces
34
Furniture
3,4,8,11-15,17
Furs
23
Gas, output, prices, sales, revenues
Gasoline
Glass and products
Glycerin
Gold
Grains and products
Grocery stores
Gross national product
Gross private domestic investment
Gypsum and products
4,8,26
1,35,36
38
25
19
7,8,22,24,27,28
11,12
1
1
8,38
Hardware stores
11
Heating equipment
8,34
Hides and skins
8, 30
Highways and roads. . .«
9,10
Hogs
28
Home electronic equipment
8
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
Hotels
14,15,24
Hours of work per week
14
Housefurnishings
1,4,7,8,10-12
Household appliances and radios
4,8,11, 34
Housing starts and permits
9
Imports (see also individual commodities)
1,22,23
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, 5,13-15
Insurance, life
18,19
Interest and money rates
17
Inventories, manufacturers' and trade
4-6,11,12
Inventory-sales ratios
5
Iron and steel
3, 5,6,8,10,13-15,19,22, 23,32, 33
Labor advertising index, disputes, turnover
16
Labor force
12
Lamb and mutton
28
Lard
28
Lead
33
Leather and products
3,8,13-15,30,31
Life insurance
18,19
Linseed oil
30
Livestock
3,7,8,24,28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
10,16,17,20
Lubricants
35,36
Lumber and products
3,8,10-15,19,31
Machine 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, 23,28
Medical and personal care
7
Metals
3-6,8,13-15,19,22,23, 32-34
Milk
27
Mining and minerals
2-4,8,13-15,19,20
Monetary statistics
19
Money supply
,
19
Mortgage applications, loans, rates
10,16,17
Motor carriers
23,24
Motor vehicles
1,3-8,10,11,13-15,19,22,40
Motors and generators
34
National defense expenditures
1,18
National income and product
1,2
National parks, visits
24
Newsprint
23,37
New York Stock Exchange, selected data
20,21
Nonferrous metals
3,8,19, 22,23,33,34
Noninstalhnent credit
17,18
Oats
Oil burners
Oils and fats
Orders, new and unfilled, manufactures*
Ordnance
27
34
8,22,29,30
6
13-15
Paint and paint materials
Panama Canal traffic
Paper and products and pulp
8,25
24
3,
5,6,8,13-15,19,23,36,37
Parity ratio
7
Passports issued
24
Payrolls, indexes
14
Personal consumption expenditures
1
Personal income
2, 3
Personal outlays
2
Petroleum and products
4-6,
8,11,13-15,19,22,23,35,36
Pig iron
32
Plant and equipment expenditures
2,20
Plastics and resin materials
25
Population
12
Pork
28
Postal savings
17
Poultry and eggs
3, 7,29
Prices (see also individual commodities)
7,8
Printing and publishing
4,13-15
Profits, corporate
2,19
Public utilities
2-4,7-9,13-15,19-21
Pullman Company
24
Pulp and pulpwood
36
Purchasing power of the dollar
8
Radiators and convectors
34
Radio and television
4,10,11,34
Railroads
2,13,14,16,20,21,24,40
Railways (local) and bus lines
13-15,23
Rayon and acetate
39
Real estate
10,17,18
Receipts, U.S. Government
18
Recreation
7
Refrigerators and home freezers
34
Rent (housing)
7
Retail trade
4,5,7,11-15,17,18
Rice
27
Roofing and siding, asphalt
36
Rubber and products (incl. plastics)
4-6,
8,13-15,23,37
Saving, personal.
Savings deposits
Securities issued
Security markets
Services
Sheep and Iambs
Shoes and other footwear
Silver
Soybean cake and meal and oil
Spindle activity, cotton
Steel (raw) and steel manufactures
Steel scrap
Stock prices, earnings, sales, etc
Stone, clay, glass products
Stoves and ranges
Sugar
Sulfur
Sulfuric acid
Superphosphate
2
17
19,20
20,21
1, 7,13-15
28
8,11,12,31
19
30
39
32,33
32
20,21
3-5,8,13-15,19,38
34
23,29
25
25
25
Tea imports
29
Telephone, telegraph, cable, and radiotelegraph
carriers
13-15,24
Television and radio
4,10,11, 34
Textiles and products. . 3, 5,6,8,13-15,19,22, 23,38-40
Tin
23,33
Tires and inner tubes
8,11,12,37
Tobacco and manufactures
4-8,10,13-15,30
Tractors
22, 34
Trade (retail and wholesale)
4, 5,11,12
Transit lines, local
14,15,23
Transportation
1,2,7,13-15,23,24
Transportation equipment
3-6,13-15,19,40
Travel
23,24
Truck trailers
40
Trucks (industrial and other)
34,40
Unemployment and insurance
U.S. Government bonds
U.S. Government
Utilities
12,16
16-18,20
finance
18
2-4,9,13-15,19-21,26
Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Veterans' benefits
Wages and salaries
Washers and driers
Water heaters
Waterway traffic
Wheat and wheat
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc.
34
11,12
30
7,8,22
16,18
flour
2, 3,14-16
34
34
24
28
8
4,5, 7,13-15
36
7,8,23, 39
33,34
UNITED STATES
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UNITED STATES, 1929-1965
Statistical Tables
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product tables that resulted from the comprehensive benchmark
revisions connected with the incorporation of the 1958 economic
censuses into the national income and product estimates. Summary
results of these revisions, with explanations, were first published in
the August 1965 Survey of Current Business.
In the present report, previously published statistics for 1963,
1964, and 1965 have been updated to take into account the annual
revisions of the estimates that are customarily made in the July issue
of the Survey.
81 TABLES—ANNUAL, QUARTERLY, MONTHLY—COVERING 165 PAGES.
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