Full text of Survey of Current Business : July 1969
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JULY 1969 / VOLUME 49 NUMBER SURVEY OF CURRENT BUSINESS CONTENTS THE BUSINESS SITUATION Second Quarter GNP 1 U.S. Department of Commerce State and Regional Income, First Quarter 1969 National Income and Product Tables 8 9 Maurice H. Stans / Secretary U.S. NATIONAL INCOME AND PRODUCT ACCOUNTS, 1965-68 Summary Data 13 14 1. Gross National Product and National Income 2. Personal Income and Outlay 3. Government Receipts and Expenditures 4. Foreign Transactions 5. Saving and Investment 6. Income and Employment by Industry 7. Supplementary Tables 8. Implicit Price Deflators 17 26 29 36 37 39 44 47 SURVJL./ NATIONAL INCOME AND PRODUCT SERIES, 1929-67 50 REVISED STATISTICAL SERIES Construction Put in Place 51 Rocco C. Siciliano / Under Secretary William H. Chartener / Assistant Secretary for Economic Affairs Office of Business Economics George Jaszi / Director Morris R. Goldman / Associate Director Murray F. Foss / Editor Leo V. Barry, Jr. / Statistics Editor Billy Jo Hurley / Graphics STAFF CONTRIBUTORS TO THIS ISSUE Business Review: Francis L. Hirt Donald A. King Robert B. Bretzfelder National Income and Product: CURRENT BUSINESS STATISTICS General S1-S24 Industry S24-S40 Subject Index (Inside Back Cover) Albuquerque, N. Mex. 87101 U.S. Courthouse Ph. 247-0311. Anchorage, Alaska 99501 306 Loussac-Sogn Bldg. 272-6331. Atlanta, Ga. 30303 75 Forsvth St. NW. 526-6000. Baltimore, Md. 21202 305 U.S. Customhouse 962-3560. Birmingham, Ala. 35205 908 S. 20th St. Ph. 325-3327. Boston, Mass. 02203 JFK Federal Bldg. 223-2312. Buffalo, N.Y. 14203 117 Eilicott St. Ph. 842-3208. Charleston, S.C. 29403 334 Meeting St. Ph. 577-4171. Charleston, W. Va. 25301 500 Quarrier St. Ph. 343-6196. Cheyeuue, Wyo. 82001 6022 U.S. Federal Bldg. Ph. 634-5920. Chicago, 111. 60604 1486 New Federal Bldg. Ph. 353-4400. Cincinnati, Ohio 45202 550 Main St. Ph. 684-2944. Cleveland, Ohio 666 Euclid Ave. Ph. 522-4750. 44114 Dallas, Tex. 75202 1114 Commerce St. 749-3287. Denver, Colo. 80202 16419 Fed. Bldg., 20th & Stout Sts. Ph. 297-3246. Des Moines, Iowa 50309 609 Federal Bldg. Ph. 284-4222. Detroit, Mich. 48226 445 Federal Bldg. Ph. 226-6088. Greensboro, N.C. 27402 258 Federal Bldg. Ph. 275-9111. Hartford, Conn. 06103 18 Asylum St. Ph. 244-3530. Honolulu, Hawaii 96813 286 Alexander Young Bldg. Ph. 588-977. Houston, Tex. 77002 515 Rusk Ave. Ph. 228-0611. Jacksonville, Fla. 32202 400 W. Bay St. Ph. 791-2796. Kansas City, Mo. 64106 911 Walnut St. Ph. 374-3141. Los Angeles, Calif. 90015 1031 S. Broadway Ph. 688-2833. National Income Division Staff Subscription prices, including weekly statistical supplements, are $9 a year for domestic and $12.75 for foreign mailing. Single issue $1.00. Make checks payable to the Superintendent of Documents and send to U.S. Government Printing Office, Washington, D.C. 20402, or to any U.S. Department of Commerce Field Office. Memphis, Tenn. 38103 147 Jefferson Ave. Ph. 534-3214. Miami, Fla. 33130 25 WestFlagler St. Ph. 350-5267. Milwaukee, Wis. 53203 238 W. Wisconsin Ave. Ph. 272-8600. Minneapolis, Minn. 55401 306 Federal Bldg. Ph. 334-2133. New Orleans, La. 70130 610 South St. Ph. 527-6546. New York, N.Y. 10007 26 Federal Plaza Ph. 264-0634. Philadelphia, Pa. 19107 1015 Chestnut St. Ph. 597-2850 Phoenix, Ariz. 85025 230 N. First Ave. Ph. 261-3285. Pittsburgh, Pa. 15222 1000 Liberty Ave. Ph. 644-2850. Portland, Oreg. 97204 217 Old U.S. Courthouse Bldg. Ph. 226-3361. Reno, Nev. 89502 300 Booth St. Ph. 784-5203. Richmond, Va. 23240 2105 Federal Bldg. Ph. 649-3611. St. Louis, Mo. 63103 2511 Federal Bldg. 622-4243. Salt Lake City, Utah 84111 125 South State St. Ph. 524-5116. San Francisco, Calif. 94102 450 Golden Gate Ave. Ph. 556-5864. San Juan, Puerto Rico 00902 100 P.O. Bldg. Ph. 723-4640. Savannah, Ga. 31402 235 U.S. Courthouse and P.O. Bldg. Ph. 232-4321. Seattle, Wash. 98104 809 Federal Office Bldg. Ph. 583-5615. the BUSINESS SITUATION GNP scored another strong advance of $16}£ billion in the spring quarter, and inflationary pressures remained severe. Although the total GNP rise was about the same as in the preceding quarter, its composition was very different. The second quarter gain consisted of a $13M billion rise in final sales and a $3 billion increase in inventory investment. This was in contrast to the January-March quarter, when the increase in final sales was very large— $20 billion—and inventory accumulation fell by $4 billion. Overall prices increased nearly 1% percent in the spring and the gain in the physical volume of production was slightly more than one-half percent. E«ECONOMIC activity showed con-, siderable strength in the second quarter, and inflationary pressures remained severe. According to preliminary estimates, gross national product rose $16% billion, approximately matching the increases of the two preceding quarters. These figures incorporate the annual revisions of the national income and product accounts which are presented in this issue of the SURVEY. The second quarter gain consisted of a $13% billion rise in final sales and a $3 billion increase in inventory investment. This was in contrast to the January-March quarter, when the increase in final sales was very large— $20 billion—and inventory accumulation fell by $4 billion. Fixed business investment continued to expand in the second quarter. Although the advance was somewhat less than in the first quarter, it remained a major element of strength in final sales. State and local expenditures rose almost as much in the second as in the first quarter, but the increase in consumer spending let up somewhat, while residential construction and Federal purchases registered slight declines. Of the 1% percent increase in current dollar GNP, almost \% percent reflected higher prices, and the rest, increased physical volume. Neither of these two changes was much different from those of the first quarter. The latest rise in physical volume brought the increase from the fourth to the second quarter to 1% percent, or 2% percent at an annual rate. This was much less rapid than the 4% percent annual rate of increase from the second to the fourth quarter of 1968 and far below the 6% percent rate from the fourth quarter of 1967 to the second quarter of 1968. The production advance in the spring quarter was accompanied by a substantial rise in employment and a slight lengthening in weekly hours of work in nonfarm establishments. The 545,000 gain in employment fell short of the exceptional 810,000 rise the quarter before but matched the average quarterly increase in 1968. (Previously published data on employment, hours, and earnings have been revised to take account of new annual benchmarks and seasonal factors.) At the same time, the unemployment rate increased slightly— from 3% percent in the first quarter to 3% percent in the second. The first quarter figure had been the lowest quarterly rate since the Korean war, and the fractional rise in the overall rate this spring cannot be viewed as a significant easing in the labor market as a whole. However, there was some worsening in unemployment among nonwhite persons. advances during 1968. Accelerated increases for food and nonfood commodities accounted for almost all of the step-up in consumer prices this spring; the rise in service prices showed little acceleration but, at almost 2 percent, was considerably above the overall average. Wholesale prices also moved up; the seasonally adjusted rise of about l1^ percent was little different from the first quarter increase but was well above the average quarterly gain of % percent in 1968. Farm and food prices Second quarter GNP up 161/2 billion Billion $ 30 GNP TOTAL (Annual Rates) 20 _ 10 •M. or 13/4 percent Percent 4 nl Constant $ GNP rose 1/2 percent Prices, 1 1 4 percent Prices rise sharply Pressures on prices continued to be strong in the second quarter. The Consumer Price Index rose by more than 1% percent from the first to the second quarter following an increase of about ll/i percent in the preceding quarter; the latter was similar to the quarterly I II 1967 III IV ' I II III 1968 IV ' I II 1969 Change From Previous Quarter, Seasonally Adjusted U.S. Department of Commerce, Office of Business Economics 69-7-1 SUEVEY OF CURRENT BUSINESS Disposable income rose $12% billion— both recorded larger increases this spring than in the first quarter, but the considerably more than the small first rise in industrial prices slowed down quarter increase and close to the averconsiderably after an exceptional ad- age quarterly gain in 1968. Since disposable income advanced more than vance in the winter. personal outlays, personal saving moved Although preliminary profits data up. The saving rate, at 5% percent, was for the second quarter will not be somewhat higher than the exceptionavailable for another month, it seems ally low 5% percent in the first quarter, safe to say that the pressure on prices but it was still below the 6 percent reflects mainly higher costs rather than rate of the second half of 1968, and expanded profits margins. To judge the average rate of about 7% percent from the relative movements in paythat prevailed for almost 2 years before rolls and physical output, unit labor the passage of the surtax. The reduccosts rose sharply in the second quarter, continuing a development that became tion in the saving rate—from 7% perpronounced toward the end of last year. cent to 5% percent in the year ending this June—offset much of the intended Personal income up effect of the new tax in the first year of its life. With labor market conditions still very tight, average rates of pay continued their rapid expansion. The hikes in hourly compensation coupled with the increase in man-hours brought about a payroll rise of $10% billion—a little less than the rise in the preceding quarter and the average for the quarters of 1968. On a combined basis, income from all other sources—proprietors' income, property income, and transfer payments—exceeded the first quarter gain. This was due to a surge in farm income resulting from the acceleration in food prices, and to a step-up in government transfer payments. Personal contributions for social insurance, which had risen $2 billion in the first quarter mainly because of the statutory increase in social security taxes at the start of 1969, advanced only slightly in the second quarter. Since these contributions are a subtraction item in personal income, their slower expansion in the spring added to the rise in personal income, which advanced $16% billion as compared with $13% billion in the first quarter. The quarterly increase in personal taxes amounted to $4 billion as compared with a $6% billion increase in the first quarter, when individuals commenced unusually heavy net payments in settlement of their 1968 tax liabilities. In the second half of last year, the large increases in personal taxes reflected higher withholdings and quarterly declarations due to the surtax. Personal income rose more in the second quarter than in the first... Billion $ Change From Previous Quarter 20 - PERSONAL INCOME 10 - and with a slower rise in personal taxes . . . 10 - TAXES -10 - the gain in disposable income accelerated 20 - 10 - DISPOSABLE PERSONAL INCOME m The saving rate increased slightly Percent 10 - PERSONAL SAVING RATE 5 - I II 1967 III IV I M HI 1968 IV I II 1969 Seasonally Adjusted at Annual Rates U.S. Department of Commerce, Office of Business Economics 69-7-3 July 1969 Final sales higher Despite the sizable advance in disposable income, the second quarter rise in personal consumption expenditures was a moderate $8% billion, about the average of the small fourth quarter gain and the large first quarter increase. Most of the slowdown from the first quarter centered in nondurable goods; services continued their steady advance while durables increased about as much as in the first quarter. An interesting feature of the spring quarter was the pickup in automobile demand, which had shown signs of flagging last winter. Sales of domestic-type cars rose from 8.4 million to 8.6 million units (annual rate) while sales of imports, after being held down by the dock strike in the first quarter, rose 0.2 million to an annual rate of 1.2 million units. Nonresidential fixed investment has been a strong component of final demand so far this year, and has provided a major stimulus to the expansion in overall production. Capital outlays expanded $2% billion in the latest quarter, with a strong advance in equipment purchases more than offsetting a small dip in construction put in place. This decline may be temporary; nonresidential contract awards have been rising and reached a new peak in May. Housing outlays declined $1 billion after gains of $2 billion in the fourth quarter and $1^ billion in the first. The second quarter dip reflected the steady decline in housing starts that has been evident since early this year. This decline, which amounted to 12 percent from the first to the second quarter, reflects the adverse effects of the antiinflationary policies being pursued by the Federal Reserve System. Although the end of the dock strike brought about a rise in exports of $11 billion in the second quarter, imports increased almost as much; consequently, net exports registered an improvement of only $K billion. The $2 billion rate of net exports in the second quarter is a little less than the very low rate for all of 1968. The net export estimates of the second quarter, it should be noted, are based on partial data. SURVEY OF CURRENT BUSINESS July 1969 Federal purchases of goods and services recorded a $1 billion decline. Defense purchases edged down for the second consecutive quarter; these declines represent the first downturn since the beginning of the Vietnam war. Nondefense purchases were also lower because of declines in farm and space CHART 7. Most major components of final sales rose somewhat less rapidly in the second quarter Residential structures and Federal Government purchases declined slightly 10 - 20 - PERSONAL CONSUMPTION EXPENDITURES m 10 - BUSINESS FIXED INVESTMENT 5 - -5 RESIDENTIAL STRUCTURES NET EXPORTS -5 10 - FEDERAL GOVERNMENT PURCHASES -5 5 - STATE & LOCAL GOVERNMENT PURCHASES I II III 1967 IV I II III 1968 IV I 1969 Change From Previous Quarter Seasonally Adjusted at Annual Rates U.S. Department of Commerce, Office of Business Economics II Spearheading the June rise was a payroll increase of $4 billion, which was approximately the same as the large average monthly advance of the first quarter. Payrolls had moved up by $3 billion in both April and May. Underlying the June rise in wages and salaries was a gain of approximately 200,000 in nonfarm payroll employment, an increase in the workweek of one-tenth of an hour, and further advances in average hourly earnings in private industries. Most industries reported employment increases in June Inventory investment with the largest in manufacturing, conAccording to very preliminary esti- tract construction, and government. mates, inventory investment rose from The June increase in employment $6% billion to $9K billion and thus added followed a May rise of 235,000 and an $3 billion to the second quarter produc- April increase of 79,000. Although the tion rise. A large part of the inventory increases of May and June are a little increase occurred in manufacturers7 more moderate than the monthly instocks and centered in work-in-process. creases since last fall, when employInvestment in trade inventories also ment gains became pronounced, only increased in the second quarter, despite the April rise appears small gaged by a sizable reduction in the stock of new this experience. Hours of work in passenger cars. private nonfarm industries increased fractionally in June. The unemployDevelopments During the ment rate, after rising from 3.3 percent in February to 3.5 percent in April, Quarter leveled off in May and declined to 3.4 As the second quarter unfolded, there percent in June. were scattered indications that the expansion was slowing down even though Industrial production stronger the rapid price increase was continuing. Like employment and payrolls, inMost of these signs came from the labor dustrial production was also stronger market, where the rise in employment at the end of the quarter than at the (and payrolls) tapered noticeably and beginning. Increases were recorded in the unemployment rate edged up for 2 both durable and nondurable goods months in a row. On the basis of revised industries in June. The former reflected employment and income data and the sizable gains in iron and steel, machinpreliminary information for June, it ery and equipment, and motor vehicles. now appears that the expansion is still With demand from the capital goods robust. Personal income, nonfarm em- industry especially strong, the steel ployment, weekly hours of work, and industry continued to operate at a industrial production all rose in June, near-record rate. Output of iron and and the unemployment rate edged steel was about 1% percent above May; down. Retail sales were the only indi- the June index virtually matched the cator that did not fit this pattern; peak rate in the second quarter of according to revised May data and ad- 1968, when stockpiling was very heavy. vance reports for June, retail sales deAuto assemblies, although falling clined for the second straight month, short of scheduled production, were even though dealers' deliveries of new sharply higher than in May as striking cars increased. workers returned to their jobs. Assemblies totaled nearly 800,000 units in Personal income higher in June the latest month, 13 percent above Personal income showed a strong rise May, after seasonal adjustment, and of $6 billion in June following increases the highest monthly volume since last of roughly $4% billion in April and May. January. programs. Federal purchases will probably rise in the third quarter as a result of the $3 billion pay increase for Federal personnel. State and local purchases were up $3K billion in the second quarter. Although some jurisdictions have been having difficulty selling bonds because of high market rates of interest and statutory limitations on borrowing costs, these problems could not be expected to have affected expenditures during the first half of the year. SUEVEY OF CURKENT BUSINESS July 1969 A- GNP rose $16.4 billion in second quarter—matching the first quarter gain Nonfarm payroll employment showed another large rise in June—unemployment rate edged lower GNP deflator rose 4.8 percent (annual rate) in second quarter THE LABOR MARKET TOTAL PRODUCTION Billion $ 950 PRICES Million Persons Percent 81 8 CURRENT DOLLAR GNP* CIVILIAN LABOR FORCE AND EMPLOYMENT* IMPLICIT PRICE DEFLATOR FOR GNP* (Change From Previous Quarter) 79 900 Total 850 Labor Force/ \ / Final Sales 800 i 750 i V 75 Employment Inventory Change i I i i i 73 I I I I I I I I I II QBE Quarterly (II) Monthly (June) BLS Quarterly (II) Billion $ Percent 1957-59=100 40 5 130 UNEMPLOYMENT RATE* CURRENT DOLLAR GNP** (Change From Previous Quarter) 4 30 >^-^//Y / Nx^v>^x^ —-^ 10 0 120 2 115 x/~"^^--v 1 .—y""" t i i i i l i i l i i i i 1 1 i 1 1 1 i 1 1 i i i i i i i i.i i i- OBE Monthly (June) Billion $ Million Persons 800 76 - - 650 68 \ . Final Sales 120 i l . l I I I . , 1 1 60 1 in. 12 — 4 0 • -4 _ *N.~^..-**" Man-Hours* (right scale) "i i i i i i i i i i i i i i i i i i i i i i 1 1 1 1 1 1 1 1 1 1 1 Monthly (June) i ill l * Seasonally Adjusted 1968 ~ 110 130 105 1 20 1 00 Industrial Commodities \ ^^V 42.5 II 3.20 Total 1 1 1 1 1 1 1 1 1 1 1 I I I . 1969 U.S. Department of Commerce, Office of Business Economics 35.0 3.00 \ —* \^^ Average Weekly Hours* (le ft scale) 37.5 i 1 1 i i.i'i M I . 1967 j111111111 1968 Monthly (June) i iiii i11i ii t i1 iiiti i ii BLS 1957-59=100 130 WHOLESALE PRICES Average Hourly Earnings ^' (right sc ale) ^^- s*^—^L f ^ Monthly (June) Dollars 40.0 Quarterly (II) OBE * * Seasonally Adjusted at Annual Rates 140 PRODUCTION OR NONSUPERVISORY WORKERS (PRIVATE) i i i i 1967 — BLS 45.0 CONSTANT DOLLAR (1958) GNP** (Change From Previous Quarter) 8 - _*^ Hours Percent 115 yX \ . —— ^ — ^1•-'\~~' OBE Quarterly (II) WHOLESALE PRICES - Inventory Change 600 BLS 1957-59=100 .„•'""" 64 i ii 1 1 i11 11 i 11 ii1111 i ii Monthly (May) Billions Employment* (left scale) ^x£^"""" -^* 1 1 1 I 1 1 1 1 1 1 1 BLS 72 ^^-« ^--*^ »»« ^^-^-> Total 110 Retail Food* ^/^""" NONFARM ESTABLISHMENTS (Employees) CONSTANT DOLLAR (1958) GNP** 700 X/"v' Married Men Quarterly (II) 750 ../ Tota 3 .illllllll s, ./> 125 " - v _x^ Total 20 CONSUMER PRICES 2.80 Processed Foods and Feeds 120 110 1 1 1 l 1 1 1 1 1 1 1 1969 r* / _ „/* 2.60 100 ^s\ ^/ 2.40 90 111 1 1 1111 1 1967 BLS *~s ^r~^> v NX—' . / _/*/*,*v y* /\ ' * \ Farm Products i 11iiii11 ii 1968 Monthly (June) 1 1 1 1 1 1 1 1 1 1 1 1969 BLS SUEVEY OF (TORRENT BUSINESS July IDG!.) • Personal income advanced $5.9 billion in June, above gains in recent months— payrolls were up sharply * Second quarter consumption expenditures up $8.7 billion * Business fixed investment rose in second quarter—housing down slightly INCOME OF PERSONS CONSUMPTION AND SAVING Billion $ Billion $ 800 650 Billion $ 100 PERSONAL CONSUMPTION EXPENDITURES** PERSONAL INCOME** 750 FIXED INVESTMENT - 600 Producers' Durable Equipment** 75 - / / 700 550 S ^^ i 1 1 i 1^ 11ii M JT^ Nonresidential Structures** ^^ 500 t 1 1 1 1 1 1 1 1 1J 1 M 1 11 1 1 1 1 1 Monthly (June) \ - ^^^^^^ ^^*^^"^ i 450 i i I l l | | \ Residential Structures** i i i 1 1 0 l Quarterly (II) QBE QBE Billion $ Billion $ 35 80 RETAIL STORE SALES* 450 Total (left scale) \ - ^/\ 200 -~ - - i > i i i h i i i i 1 1 1 1 1 1. 1 1 1 1 1 1 1 1 l l 1 l 1 1 l 1 100 15 1 1 1 M 1 1 1 1 l 1 - 65 i i 1 1 1 1 i 1 1 1 1 i 1 1 1 1 1 1 1 1 ii 60 Monthly (June) QBE / - / 1 l Million Units Billion $ 12 8 NEW CAR SALES** _ Domestic (left scale) 10 600 - 8 ^ - 550 6 -^^^ \ 500 1 l \ \ 1 ^ i 7 \ ^ i i Quarterly (II) 4 Dollars 2,700 REAL PER CAPITA DISPOSABLE PERSONAL INCOME** 2,600 - (In 1958 Dollars) _ fj/i^jF 2 ^. £ — - N ^*-1 1 1 1 1 1 1 1 1 1 1 i i i i1 1 i 11 1 1 i i i i ih i 1 11 5 <^^ 0 4 1,1 I 1 1 1 1 1 1 1 1 Trade Sources & QBE Million Units 12 2.5 / 2,400 2,300 8 • \^ H - 2.0 - ^'^N - ^^^ i l 1967 i 1 1 1 1 968 i i i 4 1 969 Quarterly (II) 6 1 1 1 11 L iiii 1 111i1i11 1i i i 1 967 QBE i 1 - w- 1.0 C^ 1 Census - 1.5 ^\ - - - - X X '- PRIVATE NONFARM HOUSING** - T _ /: */ \ Monthly (May) PERSONAL SAVING RATE* _ i OBE-SEC \ Starts 2,500 - i Shipments Percent 10 Anticipated i ^ 6 Imports (right scale) Monthly (June) i i i New Orders - QBE r^ 0 MACHINERY AND EQUIPMENT* (Manufacturing Firms) /V*V A \A/| , / Quarterly (IV) 700 _ i Census Billion $ DISPOSABLE PERSONAL INCOME* — f/ "~\ 1 20 70 s-***-' Excluding Automotive Group Monthly (June) 650 QBE p' — *„. «* —• •*•* 150 1 s**"" 25 - \«- — — * .--•*" '- 1 ^X«*-*^x-^ ^ — Manufacturing (right scale) ^-^ 75 ^~^S~*^^ ~^^~ "^ \ ,X/^^/^ 400 350 *• 1 PLANT AND EQUIPMENT EXPENDITURES Total 30 s^ ^/\ 1 Quarterly (II) 550 WAGES AND SALARIES** _ 25 Billion $ 500 ' 50 /^ J 650 600 / / _____V S^ 1 1968 Quarterly (II) 1 1 1 1 /^•"^ .5 1969 A 1 11 1 1 1 1 1 1 1 1 1967 QBE \ A N r^~\' - Permits •i i i i i 1 i i i i i 1 1 1 l l 11l 1m 1968 Monthly (June) 1969 Census * Seasonally Adjusted * * Seasonally Adjusted at Annual Rates U.S. Department of Commerce, Office of Business Economics 69-7-5 SUKVEY OF CURRENT BUSINESS 6 July 19(39 * In the second quarter—Inventory investment rose to $9.5 billion < —Net exports continued low • —Federal purchases declined INVENTORIES FOREIGN TRANSACTIONS GOVERNMENT Billion $ Billion $ Billion $ 40 12 140 CHANGE IN BUSINESS INVENTORIES** (GNP Basis) NET EXPORTS** g 30 FEDERAL PURCHASES OF GOODS AND SERVICES** 120 Goods and Services Total •~~~~~^/ - - 20 4 _^"*\Nf \ 10 ^^ Q ^m Quarterly (II) i 4 Billion $ 3.5 - 3.0 ^ Xl 2.5 \sS - 140 i II1 I1 Ii i Ii 1 1 1 1 1 1 1 1 1 1 1 i I 1 i i i lj_U I I Monthly (May) l l i i i 2.0 1.5 i 60 A Exports . ^_A q f Q/X V V j| :w~Y/ M if imports '• v \ 1 1 1 1 1 11 1 1 1 1 1 1 I1 1 1 1 1 1 1 1 1 0 Shipmen ts - 1 1 1 1 1 1 1 1 1 1i 1 1 1 i1 1 11 1 11 . 1 1 i <1 1 1 1 >i Census Monthly (May) 223 NET FLOW OF PRIVATE U.S. AND FOREIGN CAPITAL (Other than Liquid Funds)* _ - 200 Census FEDERAL BUDGET** (NIA Basis) _ _ /^ _^ ^—~-p Inflow /*-*^ Outflow y f ^"^^.^ _^j .... QBE \KjJ\&A f-v Billion $ 60 i ^PYn^, 2 1 Monthly (May) 2 i New Orders a - 111 111i11 11 3 4 - i i DEFENSE PRODUCTS* Billion $ Manufacturing \ i Quarterly (II) 120 __ i QBE Billion $ 100 i 4 Census & QBE MANUFACTURING AND TRADE INVENTORIES* (Book Value, End of Month) i Billion $ Y.--. f-i / X" ^A 130 Defense i MERCHANDISE TRADE* MANUFACTURING AND TRADE INVENTORIES* (Book Value, End of Month) Total 80 Quarterly (II) 170 150 i QBE Billion $ 160 ^ •— -~VT"~ 1 \^— ^ Merchandise 1.11.III 1 1 0 • 100 / Expenditures Is N/ " —\ -2 ..-•'"/^^ x - \ ... S^ .«—•*** A Deficit^ 150 ""^ Receipts Trade 40 i 1 1 1 1 1 1 1 1 i i i i i I I 1 i 1 I i I I 1 l I l 1 1 LI 11 Monthly (May) 4 i i i Census & QBE I I I I I I Quarterly (1 ) 125 1 Billion $ Billion $ 2.0 4 150 1.8 1 -^^ BALANCE OF PAYMENTS* JL -— >, ^A^- 1 4 19 *""C\yp- 1 1 1 1 1 I l 1 1 M 1967 1968 Monthly (May) * Seasonally Adjusted Census & QBE * * Seasonally Adjusted at Annual Rates U.S. Department of Commerce, Office of Business Economics 1969 4 i i 1967 i i i i i QBE 125 Af' /^ v i i 1968 Quarterly (1 ) ^^ ^^^^ 100 - Liquidity Basis M 1 1 1 1 1 1 1 1 | | V> N -2 Manufacturing and Trade i 11 i i1 1 i i ii / ' i* Q . | STATE AND LOCAL PURCHASES OF GOODS AND SERVICES** Official Reserve Transactions Basis 2 1 Quarterly (II) Ratio INVENTORY/SALES RATIOS* Manufacturing 1 QBE i i i ^ 75 50 1969 f ^ I I 1967 QBE i i i i 1968 Quarterly (II) i i i 1969 QBE SURVEY OF CURRENT BUSINESS July 1060 * In June—Industrial production extended the rise underway since last September -;; —Bank credit and money supply continued to show little change ® —Interest rates rose sharply to new peaks INDUSTRIAL PRODUCTION MONEY, CREDIT, AND SECURITIES MARKETS Index, 1957-59 = 100 Billion $ 190 460 240 INDUSTRIAL PRODUCTION* 180 BANK CREDIT AND MONEY SUPPLY* _ 420 Durable Manufactures 170 - 160 — 150 \ "** - 220 Bank Credit (left scale) 380 /** """ ^^ \. ^ A ^/""\ ••«»*' \ / — * s^s* —sjx^y Nondurable Manufactures 1 •«,...... /"" i 1 1 r*f*Ki i i i i i 1 1 i 1 1 i 1 1 1 i 1 i 1 1 i 1 1 i i i 1 1 /** Monthly (June) CORPORATE PROFITS** - ^* /"* x sJr\ PROFITS AND COSTS Billion $ 1 20 \ ^/*~*^ _^— ^sr — \ s-^ ^^^> '""* ,^^^ 80 180 60 _ _ 300 'j^ i in i 1 1 1 i i i i i 1 1 1 1 1 1 1 1 1 i i i i . i [ i i i i i 160 FRB "~ Money Supply (right scale) Monthly (June) p 200 340 \ Before Tax and Including IVA 100 _ i 40 l i l l i l l Quarterly (1 ) Index, 1 957-59 =100 Billion $ Billion $ 200 2 120 INDUSTRIAL PRODUCTION* l FRB FREE RESERVES QBE CORPORATE INTERNAL FUNDS AND PROFITS** ^""""s 175 _ Autos . / f\ i\/ ' V ' \ /'i 150 125 100 v "\ 1 \ ;\' f \Jl /~\ _ 1 0 J^ 1 1 1 1 1 1 1\y 1111 1 M 1 1 1 1 1 1 1 1 -1 -2 11111111j 11 Percent 8 - \ 6 i i i \ 1 1 Quarterly (1) - 4 /* 2 1 ^^^^. \ ^^^Ln... .-.. »** ^ ^^^^^^ 3* *•'••••* _ 2 - v ---V" i ••** 3-month Treasury Bills 1 1 1 1 1 1 1 1 1 1 i I i I l I 1 l 1 1 i I t i l i i 1 | 1 1 L_L FRB 0 i -2 6 DURABLE GOODS MANUFACTURERS* STOCK PRICES - 24 20 i ii i i 1i i i ii 120 Standard and Poor's (500) 100 Shipnients 1 1 1 1 11 1 M 1968 Monthly (May) U.S. Department of Commerce, Office of Business Economics ~ i . .1. . i i i i i . BLS — 2 1. HI. ill Of) 1 t 1 1 1 M fl 4 oU 11 1969 Census * Seasonally Adjusted * * Seasonally Adjusted at Annual Rates QBE \ f 1 1 M i UNIT LABOR COSTS, PRIVATE ECONOMY* (Change From Previous Quarter) :\.^frL± r^A^V^ *&~*^W\ 1967 i Quarterly (|) Percent - i Monthly (June) 140 - V ~^f^ i Compensation \ 1941-43=10 New Orders 1 nrf] n nJ j] J1J fl jinjiiii ii ii ii j i • " 36 28 i OUTPUT AND COMPENSATION PER MAN-HOUR, PRIVATE ECONOMY* - (Change From Previous Quarter) Billion $ 32 i Quarterly (1 ) Output . ^ **. \ i l Corporate Yields, Moody's Aaa 4 \ l Percent Manufacturing — 75 i 40 FRB INTEREST RATES AND BOND YIELDS - _ 1 1 1 1 1 I 1 1 1 1 J_ Profits After Taxes 60 6 RATIO, OUTPUT TO CAPACITY* \ 1 1 11 1 1 11 t 11 Monthly (June) 10 80 - FRB 95 _ v^ 80 - Percent 85 Internal Funds ^Nps ^^--~~~~T __ -^^" 1 _ Monthly (June) 90 _ 100 ^^ in i •<^^>y \J \ 1ly 4^^ s,\, t 1 1 ! 1 1 1 1 1 1 1 _ \ 60 ^ 1 1 1 M 1 1 1 1 1 1 1967 i I11111 llll 1968 Monthly (June) I I l I 1 1 | | 1 ]_i 1969 -2 i l l 1967 i i 1968 Quarterly (1) i i i 1969 BLS SURVEY OF CUKRENT BUSINESS 8 Retail sales weaker The retail trade picture has been rather puzzling in recent months. After a rise from March to April, retail sales declined 1 percent in May and, according to advance reports, by a comparable amount in June. This apparent weakness at the retail level has occurred in the face of strong gains in personal income and rising dealer sales of automobiles. Sales of domestic-built cars rose to a seasonally adjusted annual rate of 8.8 million units in June from 8.5 million in May and 8.4 million in April. The decline in total retail sales of the last 2 months may well be an aspect of the erratic behavior that has characterized retail sales over the past year; more and firmer data are needed before any definite conclusions can be reached regarding the recent course of these sales. Prices up Wholesale prices rose 0.4 percent from May to June as a result of higher prices for farm products and processed foods. Quotations for livestock and meat advanced sharply in the face of strong demand and limited supplies. Prices of industrial commodities were unchanged from May, with increases for most commodity groups offset mainly by another pronounced drop in lumber prices. June was the third straight month of virtually no change for industrial commodities following a rise of 1% percent from December to March. The comparative stability of industrial prices this spring reflects partly seasonal developments and partly the effects of the steep decline in lumber prices that followed the exceptional increases of last winter. An allowance for these two influences suggests a price rise approaching 1 percent over the past 3 months. State and Regional Income, First Quarter 1969 Personal income rose in all eight regions and in 41 of the 50 States in the opening quarter of 1969. With income from most major nonfarm industries increasing, the national rise in total personal income was nearly 2 percent, or $13% billion at an annual rate. There were substantial gains in wages and salaries in construction, mining, finance, trade, services, and durable goods manufacturing. On the other hand, wage payrolls in nondurable goods manufacturing were up only a little, and farm proprietors' income dipped slightly. Regional changes Regionally, income increases ranged from 3% percent in the Southeast and 2K percent in the Great Lakes to less than 1 percent in New England and the Far West. The pace of the first quarter advance in the Mideast and Plains was close to the U.S. average (about 2 percent) and those in the Rocky Mountain States and the Southwest about half that rate (chart 8). As happens in many quarters, the regional pattern of changes in farm income were quite diverse. Although July 1969 farm income declined by about \% percent nationwide, it spurted by about one-quarter in the Southeast, but fell (continued on p. 51) Table A. —Total Personal Income, by States and Regions (Millions of dollars, seasonally adjusted at annual rates) 1968 United States . New York New Jersey Pennsylvania.. . Delaware Maryland Dist.of Col Great Lakes Michigan Ohio Indiana... Illinois Wisconsin . .- Percent Change, IV-1968-1-1969 0 1 2 3 Minnesota Iowa - Missouri. .. North Dakota South Dakota Nebraska Kansas Southeast UNITED STATES (Average gain) Income in two regions rose sharply Southeast Great Lakes Virginia West Virginia Kentucky .-Tennessee North Carolina South Carolina Georgia Florida Alabama Mississippi . . _ Louisiana Arkansas Southwest Gains in two areas were about average Mideast Oklahoma - - Texas New Mexico. . . Arizona Rocky Mountain Plains In the remaining four, the advance was well below that for the Nation Montana Idaho Wyoming Colorado Utah . . .. Far West Rocky Mountain Washington Oregon Nevada California Southwest Alaska Hawaii New England Far West I I U.S. Department of Commerce, Office of Business Economics .- IV-1968 to 1-1969 IV I 690, 318 704, 144 717,811 1.9 43,395 44,390 44, 703 2,839 2,312 1,290 20,953 3,247 12, 754 2,907 2,356 1,335 21,492 3,303 12, 997 2,914 2,381 1,370 21, 676 3,326 13, 036 .7 2 1.1 2.6 .9 .7 .3 163,644 166,853 170, 143 2.0 75, 532 28,005 40,309 2,096 14,022 3,680 76, 912 28, 720 40,841 2,175 14, 455 3,750 78, 367 29,076 42, 334 2,173 14, 519 3,674 1.9 1.2 3.7 -.1 .4 -2.0 146,041 149,212 Maine New Hampshire . . Vermont Massachusetts Rhode Island Connecticut Mideast Percent change III New England Plains Regional Gains in Personal Income 1969 State and Region 152,819 2.4 32, 718 37,097 17, 389 44, 261 14, 576 33, 020 38, 189 18,040 45, 103 14, 860 33, 182 39, 432 18, 573 46, 398 15, 234 .5 3.3 3.0 2.9 2.5 52,923 54, 180 55, 167 1.8 12, 323 9,502 14, 971 1,921 1,929 4,656 7,621 12, 486 9,788 15, 338 1,752 2,001 4,768 8,047 12, 943 9,636 15,781 1,799 1,959 4,939 8,110 3.7 -1.6 2.9 2.7 -2.1 3.6 .8 117, 138 118,964 123, 163 3.5 14, 188 4,527 8,501 10, 215 13, 550 6,345 12, 732 19, 489 8,323 4,902 9,791 4,575 14, 714 4,565 8,648 10, 415 13, 917 6,364 12, 866 19, 523 8,472 4,878 9,874 4,728 14, 965 4,672 8,859 10, 877 14, 487 6,650 13, 381 20,046 8,772 5,249 10, 536 4,669 1.7 2.4 2.4 4.4 4.1 4.5 4.0 2.7 3.5 7.6 6.7 -1.2 48,951 49,844 50,307 .9 7,293 33, 869 2,679 5,110 7,506 34, 262 2,836 5,240 7,604 34, 696 2,818 5,189 1.3 1.3 -.6 -1.0 14,787 15,359 15,515 1.0 2,013 1,905 983 6,935 2,951 2,123 2,044 1,050 7,156 2, 986 2,095 2,039 1,052 7,316 3,013 -1.3 2 '.2 99,535 101,335 101,958 .6 12, 137 6,704 1,826 78, 868 12, 609 7,005 1,902 79, 819 12, 648 6,980 1,904 80, 426 .3 -.4 .1 .8 1,126 2,778 1,170 2,837 1,196 2,840 2.3 .1 "!o NOTE.—Quarterly totals for the State personal income series will not agree with the personal income measure carried in the national income and product accounts for two reasons. The State numbers are based on the unrevised national totals of personal income, first published in May 1969. In addition, the State series excludes and the national series includes the income disbursed to Government personnel stationed abroad. Revised State quarterly estimates will be published in the October SURVEY. SURVEY OF CURRENT BUSINESS July 1969 9 NATIONAL INCOME AND PRODUCT TABLES 1968 1967 II 1968 1968 III 1967 IV 1968 II Seasonally adjusted at annual rates 1969 III IV I HP Seasonally adjusted at annual rates Billions of current dollars Billions of 1958 dollars Table 1.— Gross National Product in Current and Constant Dollars (1.1, 1.2) Gross national product _ _ Personal consumption expenditures - - Durable goods Nondurable goods Services Gross private domestic investment Fixed investment - Nonresidential _ Structures Producers' durable equipment Residential structures Nonfarm _ Farm _ _ . Change in business inventories Nonfarm Farm Exports Imports -.- _ ___ _ _ -- - - _ _ _ _ _ _ -_ Government purchases of goods and services Federal— National defense Other __ State and local . 865.7 835.3 858.7 876.4 892.5 908.7 925.1 674.6 707.6 693.3 705.8 712.8 718.5 723.1 492.3 536.6 520.6 530.3 544.9 550.7 562.0 570.7 430.3 452.6 445.6 449.0 458.2 457.6 462.9 73.0 215.1 204.2 83.3 230.6 222.8 79.5 226.1 215.1 81.8 228.5 220.0 85.8 233.3 225.8 86.3 234.3 230.1 88.4 238.6 235.0 90.4 240.6 239.8 72.8 190.3 167.2 80.7 196.9 175.0 77.7 196.0 171.8 79.5 195.8 173.7 83.0 198.7 176.5 82.7 197.2 177.7 84.3 199.3 179.3 116.0 126.3 119.4 126.6 125.2 133.9 135.2 139.9 100.8 105.7 101.2 106.6 104.1 110.9 109.9 108.6 119.0 117.7 116.7 118.0 123.4 128.6 130.4 93.9 99.1 99.8 97.6 97.7 101.4 104.0 83.7 27.9 55.7 88.8 29.3 59.5 89.1 29.8 59.4 86.4 28.3 58.1 88.1 29.0 59.1 91.5 30.1 61.4 95.3 32.3 63.0 98.0 31.6 66.3 73.6 22.6 51.0 75.8 22.7 53.2 77.1 23.6 53.5 74.0 22.0 52.0 75.0 22.2 52.7 77.3 22.9 54.4 79.4 23.9 55.5 25.0 24.4 .6 30.2 29.6 .5 28.6 28.0 .6 30.3 29.7 .6 29.9 29.4 .5 31.9 31.4 .5 33.3 32.8 .5 32.4 31.9 .5 20.3 19.8 .5 23 "^ 22.8 .4 22.7 22.2 .5 23.5 23.1 .4 22.7 22.3 .4 24.1 23.7 .4 24.6 24.2 .4 7.4 6.8 6 7.3 7.4 — 1 1.6 1.3 4 9.9 10.3 — 4 7.2 7.5 — 3 10.5 10.7 —.2 6.6 6.6 .0 9.5 9.3 2 6.9 6.3 6 6.6 6.7 — i 1.5 1.1 4 9.0 9.4 6.4 6.7 9.6 9.8 — 2 5.9 5.9 5.2 2.5 1.9 3.4 3.6 1.2 1.5 2.0 3.6 .9 .9 1.3 1.7 -.2 -.3 46.2 41.0 50.6 48.1 47.7 45.9 50.7 47.3 53.4 49.7 50.6 49.4 47.6 46.1 58.6 56.6 42.1 38.5 45.6 44.7 43.9 43.0 45.2 43.9 48.0 46.3 45.5 45.7 41.9 42.2 180.1 200.3 193.4 198 4 202.5 206.7 210.0 212 5 140 0 148 4 145.6 148.9 148.8 150.2 150.6 90.7 72 4 18.4 99.5 78 0 21.5 96.3 76 1 20.1 99.0 77 9 21.1 100.9 78 8 22.1 101.9 79 3 22.5 101.6 79 0 22.6 100.6 78 7 21 9 74.8 78.9 77.3 79.6 79.2 79.4 78.3 89.3 100.7 97 1 99 4 101 7 104.8 108 5 111 9 65 2 69 5 68 3 69.3 69.6 70.8 72.3 793.5 _ o Q 727.3 o 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 _ 793.5 865.7 835.3 858.7 876 4 892.5 908 7 925 1 674 6 707 6 693 3 705.8 712 8 718.5 723.1 786 2 7.4 858 4 7.3 833 6 1.6 848 8 9.9 869 2 7.2 882 0 10.5 902 1 6.6 915 6 9.5 667 7 6.9 701 0 6.6 691 8 1.5 696 8 9.0 706 3 6.4 709 0 9.6 718 2 5.9 398.4 431.1 414.5 429.2 437.0 443.5 447.9 362.7 381.3 370.8 380.8 385.5 388.2 389.1 Final sales Change in business inventories 391 0 7.4 423 7 73 412 8 419 3 16 99 429 9 7 2 433 0 10 5 441 3 6 6 355 7 69 374 7 66 369 4 371 7 15 9 0 379 1 6 4 378 7 96 383 2 5.9 Durable goods Final sales. Change in business inventories 160 9 157 0 39 176 7 171 4 53 168 3 175 7 166 4 168 9 19 68 178 8 173 7 51 184 0 176 6 74 186 4 181 6 48 152 0 148 5 35 162 8 158 0 4 7 156 6 154 8 17 162 3 156 2 61 164 5 159 9 4 5 167 8 161 2 6 5 169 0 164 8 4 2 Nondurable goods Final sales Change in business inventories. . . 237.5 234 l 3.5 254.4 252 3 2.0 246.2 246 5 — 3 253.5 258 3 250 4 256 1 21 31 256 4 31 259 7 18 261 5 210 7 207 3 34 218 6 214 3 216 7 214 6 19 — 3 218 4 215 5 2 9 221.1 220.5 219 2 217 5 3.0 19 220.2 316.7 347.5 335.0 343.4 353.2 358.5 365.8 249.1 259.9 255.4 258.9 262.4 262.7 264.6 78.4 87.1 85.8 86.0 86.1 90.6 94.9 62.9 66.4 67.1 66.2 64.8 67.5 69.3 Services Structures 259 5 9 5 727.3 218 4 1.7 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 793.5 865.7 835.3 858.7 876 4 892.5 908.7 674 6 707 6 693 3 705.8 712.8 718.5 723.1 708 2 770 5 743 9 764 9 779 2 794 0 808 5 617 0 647 9 634 6 646 1 652 6 658 3 662.6 681 0 656 6 24 4 740 6 715 7 24 9 715 4 690 5 24 9 734 6 709 8 24 8 749 3 724 i 25 2 763 1 738 4 24 7 776 7 751 1 25 7 597 3 573 5 23 7 627 5 604 2 23 3 615 0 591 0 24 o 625 3 602 3 23 o 632 1 608 8 23 4 637 5 614 6 22 9 641 5 617 8 23 7 16.8 925 1 22.7 25.2 24 3 25 4 25 0 26 0 27 2 15 4 15 9 15 5 16 1 15 7 16 2 Rest of the world. _ 4 5 4 7 4 3 4 Q 4 9 4 9 4 5 4 3 4 5 4 1 4 7 4 7 4 g 4 3 General government 85.3 95.2 91.3 93.8 97 1 98 5 100 2 57 6 59 7 58 7 59 8 60 2 60 2 60.5 Preliminary. 353-833 O - 69 - 2 727.3 SURVEY OF CURRENT BUSINESS 10 1969 1968 1967 1968 I II July 1969 IV III I 1968 IIP 1967 1968 I Equals* Net national product 73.0 73.7 74.6 75.9 Equals: National income 1.4 Equals: Personal income .8 .6 .7 1.1 .9 1.1 85.6 3. 6 1.1 654.0 714.4 688.8 707.4 724.1 737.3 751.3 Less: Corporate profits and inventory 79.2 valuation adjustment Contributions for social insur42.4 ance Wage accruals less disburse.0 ments --. . -Plus: Government transfer payments to persons Interest paid by government (net) and by consumers Dividends Business transfer payments 77.2 725.0 792.4 763.6 785.6 802.6 817.9 832.8 847.9 Less: Indirect business tax and nontax 70.1 77.9 73.9 77.0 79.4 81.4 83.3 liability 3.5 3.4 3.5 3.4 3.3 3.4 3.2 Business transfer payments -1.0 -2.5 -1.8 -1.6 -3.3 -3.4 -4.2 Statistical discrepancy Plus: Subsidies less current surplus of government enterprises . I!? 654.0 714.4 688.8 707.4 724.1 737.3 751.3 National income 793.5 865.7 835.3 858.7 876.4 892.5 908.7 925.1 71.7 I Table 6.—National Income by Type of Income (1.10) Table 4.—Relation of Gross National Product, National Income, and Personal Income (1.9) 73.3 IV Billions of dollars Billions of dollars Less: Capital consumption allowances . 68.6 III Seasonally adjusted at annual rates Seasonally adjusted at annual rates Gross national product II 1969 87.9 82.5 88.2 90.6 90.3 89.5 47.0 45.4 46.5 47.6 48.6 52.7 53.7 .0 .0 .0 .0 .0 .0 .0 467.4 513.6 495.1 507.0 519.8 532.3 546.0 558.0 Compensation of employees 423.5 465.0 448.2 459.0 470.7 482.1 493.3 504.1 Wages and salaries 337.3 369.0 355.9 364.5 372.7 382.8 392.5 401.8 16.2 18.0 17.3 17.6 18.7 18.3 18.2 18.4 70.0 78.0 75.0 76.8 79.3 80.9 82.5 84.0 Private Military . Government civilian Supplements to wages and salaries- .. 43.9 Employer contributions for social 21.8 insurance _ . 48.6 47.0 48.0 49.1 50.2 52.7 53.8 24.4 23.6 24.1 24.7 25.3 27.3 27.9 22.1 24.2 23.4 23.9 24.5 25.0 25.5 26.0 18.4 3.7 20.1 4.1 Other labor income Employer contributions to private pension and welfare funds Other Proprietors' income _ _ . 48.8 55.8 52.9 55.3 56.7 58.1 60.1 61.3 23.6 21.5 3.2 26.1 23.1 3.4 25.0 22.2 3.3 25.7 22.9 3.4 26.4 23.6 3.4 27.4 23.8 3.5 27.9 23.8 3.5 28.6 24.3 3.6 629.4 687.9 664.3 680.1 696.1 711.2 724.4 740.7 Business and professional Income of unincorporated enterprises Inventory valuation adjustment Farm .. Rental income of persons Corporate profits and inventory valuation adjustment Profits before tax. Profits tax liability Profits after tax Dividends Undistributed profits Inventory valuation adjustment Net interest 61.9 63.8 63.2 63.6 64.1 64.1 64.6 66.7 47.2 49.2 48.4 49.2 49.3 49.7 49 7 50.3 47.5 -.3 49.9 -.7 14.7 14.6 14.8 14.3 14.8 14.4 14 9 16.4 20.8 21.2 21.1 21.2 21.2 21 4 21 5 21.6 79 2 87 9 82 5 88 2 90 6 90 3 89 5 80.3 91.1 87.9 90.7 91.5 94 5 95 5 33.0 47.3 21.5 25.9 41.3 49 8 23.1 26.7 39.9 47 9 22.2 25.7 41.1 49 7 22 9 26.7 41.4 42.9 *43.9 50 0 51 6 51 7 23 6 23 8 23 8 24 3 26 5 27 8 27 9 g -4.2 -6.1 -6.3 -1.1 -3.2 -5.3 24 7 28 0 26 7 -2.6 27 5 28 4 29 3 29 g 30 3 Table 5.—Gross Auto Product in Current and Constant Dollars (1.15, 1.16) Table 7.—National Income by Industry Division (1.11) Billions of current dollars All industries, total Gross auto product l 28.6 35.9 34.0 36.3 36.0 37.5 37.5 Personal consumption expenditures _ 24.9 4.4 Producers' durable equipment Change in dealers' auto inventories.. -.5 30.2 5.3 1.0 28.4 5.0 29.2 5.1 2.4 31.7 5.6 -.6 31.4 5.5 1.5 30.9 5.4 1.1 Net exports Exports _ Imports -.5 1.2 1.7 —.8 2.0 2.8 -.3 1.9 2.2 — . 7 — 1.0 — 1 2 2.0 2.0 2.0 2.7 3.0 3.2 — 2 2.3 2.5 25.5 2.9 32.4 4.3 30.3 4.0 32.9 4.2 33.4 4.6 .7 Addenda: New cars, domestic 2 _ . New cars, foreign. _ 32.6 4.3 33.9 4.7 Billions of 1958 dollars l Gross auto product . 654.0 714.4 688 8 707 4 724 1 737 3 751 3 Agriculture, forestry, and fisheries Mining and construction Manufacturing Nondurable goods . Durable goods 21.5 21.9 22.0 21.6 22.2 21.9 22.6 39.4 42.9 41.5 42.6 43.1 44.4 45.9 195.6 215.4 206.7 213.9 218.2 222.7 225.3 75.7 82.9 80.1 82.0 84.2 85.4 86.1 119.9 132.5 126.6 131.9 134. 1 137.3 139. 1 Transportation Communication . Electric, gas, and sanitary services Wholesale and retail trade. . 25.1 27.2 26.3 27 0 27 5 27 8 28 2 13.1 14.2 13.7 13.8 14.4 14.9 15.3 12.6 13.7 13.2 13.4 14.2 13.9 14.2 97.5 105.2 101.9 104.5 106.6 107.8 109.5 Finance, insurance, and real estate.. . 72.3 78.2 75.3 77.1 79.3 80.9 82.9 Services 78 3 86 1 83 2 85 2 86 5 89 3 92 1 Government and government enterprises 94 1 105 0 100 8 103 3 107 1 108 7 110 6 Rest of the world.. 4.5 4.7 4.3 4.9 4 9 4 9 4 5 28.7 35.1 33.4 35.6 35.2 36.2 36.2 Personal consumption expenditures. 25.0 Producers' durable equipment 4.5 Change in dealers' auto inventories .. -.5 29.4 5.2 1.0 27.8 5.0 .7 28.6 5.1 2.4 30.9 5.5 -.6 30.2 5.4 1.5 29.7 5.3 1.1 Net exports. Exports Imports -.5 1.3 1.7 -.8 2.0 2.8 -.3 1.9 2.2 -.7 -1.0 -1.2 2.0 2.0 1.9 2.8 3.0 3.2 -.2 2.3 2.5 Financial institutions 26.0 3.0 32.1 4.3 30.2 4.0 32.7 4.2 32.7 4.5 No nfinancialcorporations. . Addenda: New cars, domestic 2 _ _ New cars, foreign 32.4 4.3 33.3 4.6 1. The gross auto product total includes Government purchases *™ r^ {T°^ , gross auto Product total by the markup on both used cars and foreign cars i ne estimate of corporate income tax assumes continuance of the surcharge at 10 percent and F discontinuance of the investment tax credit. Preliminary. Table 8.—Corporate Profits (Before Tax) and Inventory Valuation Adjustment by Broad Industry Groups (6.12) 79.2 All industries, total . Mutual Stock . . Manufacturing . Nondurable goods Durable goods Transportation, communication, and public utilities All other industries 87.9 10.5 11.5 20 85 21 9 4 82.5 88.2 90.6 90.3 89.5 11.0 11.2 12.1 11.9 12.3 68.8 76.4 71.6 76.9 78.5 78.5 77.2 39.0 18 1 20.9 44.4 19 9 24 5 41. 1 19 1 22 0 44.9 19 8 25 1 45.4 20 4 25 0 46.2 20 4 25 8 45 1 20 3 24 7 10 8 19.0 11 6 20.4 11 3 19.1 11 5 20.6 12 0 21.0 11 6 20.7 11 8 20.3 SUEVEY OF CURRENT BUSINESS July 1969 1969 1968 1967 1968 I III II 11 IV I 1968 II" 1967 1968 Seasonally adjusted at annual rates Table 9.—Gross Corporate Product (1.14) 450.9 494.2 474.5 489.9 501.6 510.7 519.9 Personal income 42.6 45.9 44.8 45.8 46.2 46.7 47.7 48.6 40.8 44.8 42.5 44.4 45.8 46.6 47.3 48.4 .2 -- Corporate profits and inventory valuation adjustment Profits before tax Profits tax liability Profits after tax Dividends _ Undistributed profits Inventory valuation adjustment.. Cash flow gross of dividends Cash flow net of dividends Gross product originating in 1.2 .9 1.1 75.6 83.9 79.0 84.1 76.7 87.2 84.3 86.6 33.0 41.3 39.9 41.1 43.7 45.8 44.4 45.6 20.0 21.5 20.8 21.2 23.8 24.3 23.7 24.3 -1.1 -3.2 -5.3 -2.6 1.3 1.4 1.5 1.6 86.4 86.2 85.2 87.3 90.4 91.3 41.4 42.9 *43.9 45.9 47.5 47.4 21.9 22.2 22.1 24.0 25.3 25.3 -.9 -4.2 -6.1 -6.3 Net interest _ _ - Corporate profits and inventory valuation adjustment Profits before tax ._ Profits tax liability Profits after tax_ Dividends Undistributed profits Inventory valuation adjustment- _. Cash flow, gross of dividends.-. Cashflow,net of dividends . 629.4 687.9 664 3 680 1 696 1 711 2 724 4 740 7 Wage and salary disbursements 423.5 Commodity-producing industries. . 166.5 Manufacturi ng134 2 Distributive industries 100.3 Service industries 70 5 Government 86 2 465.0 181.5 145 9 109.2 78 3 96 0 448.2 175.7 141 2 105.1 75 1 92 3 459.0 179.3 144 2 107 9 77 3 94 5 470.7 183.0 147 4 110 8 78 9 97 9 482.1 187.8 150 7 113 1 82 0 99 2 493.3 191.5 153 3 115 5 85 4 100 8 504.1 196.5 156 5 118 2 87 1 102 4 Other labor income 22 1 24 2 23 4 23 9 24 5 25 0 25 5 26 0 Proprietors' income _ Business and professional Farm 61 9 47 2 14 7 63 8 49 2 14 6 63 2 48 4 14 8 63 6 49 2 14 3 64 1 • 64 1 49 3 49 7 14 8 14 4 64 6 49 7 14 9 66 7 50 3 16 4 Rental income of persons Dividends—Personal interest income 20.8 21 5 48 3 21.2 23 1 54 1 21.1 22 2 51 7 21 2 22 9 53 2 21 2 23 6 54 8 21 5 23 8 57 6 21 6 24 3 58 9 52 0 59 2 56 3 58 7 60 1 61 6 63 6 64 9 25 7 30 3 28 2 30 3 30 9 31 8 32 4 32 9 21 6 6 17.6 21 7 2 19.7 2 2 71 18.9 19 7 2 19 4 2 i 71 20 0 20 73 20 5 2 2 7g 21 3 19 82 21 9 22 9 23 3 25 4 25 9 21 4 23 g 56 7 91.7 70.2 89.2 68.5 91.4 70.1 92.1 70.2 94.2 72.1 95.1 73.0 20.4 22.8 21.4 22.3 23.6 23.9 24.9 Less: Personal contributions for social insurance 20 6 22 6 21 8 22 4 Less: Personal tax and nontax payments 82 9 97 9 89 3 92 7 102 6 107 0 113 7 117 7 41.4 44.6 43.5 44.5 44.9 45.4 46.4 47.3 39.1 43.0 40.8 42.5 43.9 44.7 45.3 46.4 275.8 300.6 290.4 297.0 303.7 311.0 318.7 326.0 246.6 268.6 259.4 265.4 271.5 278.2 284.2 290.9 29.2 31.9 31.0 31.6 32.2 32.8 34.5 35.1 9.1 10.9 10.3 10.7 65.2 72.4 68.0 72.9 66.3 75.6 73.4 75.4 28.2 35.6 34.6 35.5 38.1 40.0 38.8 39.9 19.1 20.4 19.8 20.1 19.0 19.6 19.1 19.8 -1.1 -3.2 -5.3 -2.6 79.5 60.4 84.6 64.2 82.4 62.6 84.4 64.3 11.1 11.4 11.7 11.9 74.3 74.3 72.9 75.2 78.5 79.0 35.5 37.0 *37.7 39.7 41.5 41.3 20.7 20.9 20.9 19.0 20.6 20.4 -.9 -4.2 -6.1 -6~3~ 84.7 63.9 86.9 66.0 87.6 66.8 Billions of 1958 dollars Gross product originating in nonfinancial corporations 390.5 415.9 403.6 413.9 420.8 425.1 427.7 Dollars Current dollar cost per unit of 1958 dollar gross product originating 2in nonfinancial corporations .. _ . 1.103 1.133 1.122 1.130 1.136 1.145 1.157 Capital consumption allowances .106 .107 .108 .108 .107 .107 .108 Indirect business taxes plus transfer payments less subsidies .100 .103 .101 .103 .104 .105 .106 Compensation of employees.706 .723 .719 .718 .722 .732 .745 Net interest .023 .026 .025 .026 .026 .027 .027 Corporate profits and inventory valuation adjustment .167 .174 .169 .176 .177 .175 .170 Profits tax liability .072 .086 .086 .086 .084 .087 .088 Profits after tax plus inventory valuation adjustment.. .095 .088 .083 .090 .092 .088 .082 1. Excludes gross product originating in the rest of the world. 2 .' ThuUs ^qual t°1the deflator for gross product of nonfinancial corporations, with the decimal point shifted two places to the left. 3. Personal saving as a percentage of disposable personal income. *See corresponding footnote on table 6. p Preliminary. HP 86.4 66.4 Income originating in nonfinancial 350.1 383.8 368.7 380.6 389.2 396.7 403.3 corporations Compensation of employees. _ _ Wages and salaries Supplements I Transfer payments ._ Old-age, survivors, disability, and health insurance benefits State unemployment insurance benefits Veterans benefits Other Gross product originating in 430.6 471.4 453.0 467.7 478.0 486.8 495.0 nonfinancial corporations Capital consumption allowances Indirect business taxes plus transfer payments less subsidies IV Table 10.—Personal Income and Its Disposition (2.1) Income originating in corporate busi367.5 403.5 387.1 399.7 409.6 417.4 425.0 ness Compensation of employees . 291.7 318.4 307.3 314.5 321.9 329.8 338.2 345.9 260.6 284.3 274.1 280.8 287.4 294.7 301.3 308.3 Wages and salaries.Supplements.. -- 31.1 34.1 33.1 33.8 34.5 35.1 36.9 37.6 Net interest III Billions of dollars l Gross corporate product II Seasonally adjusted at annual rates Billions of dollars Capital consumption allowances Indirect business taxes plus transfer payments less subsidies I 1969 Equals : Disposable personal income. . .546.5 590.0 575.0 587.4 593.4 604.3 610.7 623.0 Less - Personal outlays 506 2 551 6 535 1 545 1 560 2 566 2 577 7 586 6 Personal consumption expenditures- 492.3 536.6 520.6 530.3 544.9 550.7 562.0 570.7 Interest paid by consumers 13 1 14 2 13 7 14 0 14 4 14 7 15 0 15 2 Personal transfer payments to for.7 .7 7 7 7 eigners 8 8 .8 Equals: Personal saving Addenda: Disposable personal! ncome : Total, billions of 1958 dollars Per capita, current dollars . P er capita , 1958 dollars Personal saving rate,3 percent 40 4 38.4 39 9 42 3 33 2 38 0 33 o 36 4 477 7 497 6 492 1 497 4 498 9 502 1 503 0 507 0 2 745 2 933 2 869 2 924 2 946 2 991 3 016 3 070 2 399 2 474 2 455 2 476 2 477 2 485 2 484 2 498 74 65 69 72 56 63 54 58 Table 11.—Personal Consumption Expenditures by Major Type (2.3) Personal consumption expenditures 492.3 536.6 520.6 530.3 544.9 550.7 562.0 570.7 Durable goods. 73.0 83.3 79.5 81.8 85.8 86.3 88.4 90.4 30.5 Automobiles and parts Furniture and household equipment . 31.3 Other 11.2 37.0 34.2 12.1 34.8 33.4 11.3 35.6 33.8 12.4 38.6 35.0 12.1 39.0 34.6 12.8 39.4 35.5 13.6 39.9 36.5 14.0 Nondurable goods Food and beverages Clothing and shoes. _ Gasoline and oil Other Services- _. Housing Household operation.. Transportation Other 215.1 230 6 226.1 228 5 233 3 234.3 238.6 240.6 108.1 115.0 112.6 114.8 116.1 116.4 118.4 118.0 42.5 46.3 45.0 45.6 47.4 47.3 48.1 49.7 17.7 19.1 18.9 18.8 19.5 19.5 20.4 21.1 46.8 50.1 49 6 49 4 50.3 51.1 51 8 51.8 204 2 222.8 215.1 220.0 225.8 230.1 235.0 239.8 71.8 29.1 14 7 88 6 77 4 31.2 16 1 98 1 75.2 30.5 15.5 93 8 76.7 77.9 79.8 81.3 82.9 30.7 31.6 31.9 32.7 33.1 15 9 16 3 16 5 17.1 17.3 96 7 100 0 101 8 103 9 106 5 Table 12.—-Foreign Transactions in the National Income and Product Accounts (4.1) Receipts from foreigners Exports of goods and servicesPayments to foreigners _ Imports of goods and services . 46.2 50 6 47.7 50.7 53.4 50.6 47.6 46.2 50.6 47.7 50.7 53.4 50.6 47.6 58.6 46.2 50.6 47.7 50.7 53.4 50.6 47.6 58.6 41.0 48.1 45.9 47.3 49.7 49.4 46.1 56.6 3.1 .8 2.3 3.1 .7 2.4 24 .7 1.7 ?,.9 .7 2.2 .6 -1.9 -1.0 -.9 Transfers to foreigners Personal Government 3.0 .8 2.2 2.9 .8 2.1 2.5 .7 1.8 2.8 .7 2.0 Net foreign investment-. _. 2.2 —.3 —.7 .6 58.6 SUKVEY OF CUKRENT BUSINESS 12 1968 I II 1968 1969 1968 1967 July 1969 IV III I 1967 HP 1968 I Table 13.-Federal Government Receipts and Expenditures (3.1, 3.2) 67.5 30.6 Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax 16.3 accruals Contributions for social insurance... 36.7 Federal Government expenditures Purchases of goods and services National defense Other Transfer payments. - To persons To foreigners (net). 79.5 72.1 38.3 37.0 74.7 38.1 83.7 38.4 87.4 39.8 93.3 *40. 7 96.1 18.0 17.4 40.5 39.3 17.9 40.1 18.3 40.9 18.5 41.7 18.5 45.6 18.6 46.3 90.7 99.5 72.4 78.0 18.4 21.5 42.2 40.0 2.2 174.1 96.3 76.1 20.1 180.3 184.2 187.4 99.0 100.9 101.9 77.9 78.8 79.3 21.1 22.1 22.5 189.0 190.5 101.6 100.6 79.0 78.7 22.6 21.9 47.8 45.1 45.7 43.3 2.1 1.8 47.6 45.5 2.0 48.7 46.5 2.3 50.0 47.6 2.4 50.8 49.1 1.7 52.2 50.0 2.2 Grants-in-aid to State and local governments 15.9 18.3 17.7 18.2 18.4 19.0 19.5 20.0 Net interest paid 10.3 11.6 11.0 11.4 11.7 12.2 12.5 13.0 Subsidies less current surplus of government enterprises 4.7 4.3 4.0 4.1 4.6 4.6 4.4 4.6 9.1 -.1 Durable goods Nondurable goods Services. .- (3.3, 3.4) 111.4 115.0 18.4 3.0 17.2 2.9 18.0 3.0 18.9 3.0 19.5 3.1 20.5 3.1 21.5 59.9 6.5 18.3 56.5 6.2 17.7 59.2 6.4 18.2 61.1 6.6 18.4 62.9 6.9 19.0 64.8 7.1 19.5 67.0 7.4 20.0 93.2 106.2 15.4 Personal tax and nontax receipts 2.4 Corporate profits tax accruals Indirect business tax and nontax 53.8 accruals - Contributions for social insurance. .. 5.7 15.9 Federal grants-in-aid.. - 95.0 107.6 100.5 104.7 .. Fixed investment . Nonresidential . --- . 115.7 120.0 118.0 119.6 120.8 121.7 123 7 .. 113.7 117.1 115.7 116.7 117.6 118 4 120 1 Structures 123.6 129.3 126.5 128 7 130.6 131 4 135 3 Producers' durable equipment.. 109.2 111.9 110.9 111.6 112.1 113.0 113.5 Residential structures Nonfarm Farm . . . 123.1 129.7 126.0 128.7 131.5 132.4 135.3 123. 1 129.8 126.0 128 7 131 6 132 5 135 4 122.8 125.9 125.4 126.1 126.2 126.1 127 5 Change in business inventories .. . Exports Imports. - 97.1 9.7 .2 3.4 3.4 Gross national product Goods output Durable goods Nondurable goods . Services Structures 99.4 101.7 104.8 9.8 10.2 10.5 .3 .3 .4 108.5 111.9 11.0 11.4 .4 .4 Addendum: 3.5 3.5 Surplus or deficit ( — ), national -1.8 -1.5 -3.1 -1.3 income and product accounts -.7 -.8 -1.3 3.3 Gross auto product Table 15.—Sources and Uses of Gross Saving (5.1) 39.9 25.7 42.3 26.7 -5.3 -2.6 33.2 26.5 38.0 27.8 -.9 -4.2 130.7 33.0 27.9 36.4 45.8 46.2 46.7 47.7 48.6 26 9 .0 27.2 .0 27 5 .0 27.9 .0 28.2 .0 28.6 .0 Government surplus or deficit (—), national income and product accounts -14.5 -6.7 -11.5 -10.8 -3.5 -.9 7.8 — .l —.8 9. 1 -1.3 Federal State and local -12.7 -5.2 -1.8 -1.5 —8.4 -9.5 —2 8 -3.1 -1.3 — .7 Gross investment 118 2 125 9 118 7 127 2 125 8 132 0 134 2 139 0 Gross private domestic investment. - 116.0 126.3 Net foreign investment 2 2 — 3 119.4 126.6 125.2 133.9 6 6 —1 9 135.2 139.9 —1 0 — 9 -1.8 -1.6 -3.3 -3.4 -4.2 *See corresponding footnote on table 6. p Preliminary. 122.3 120.5 121.7 122.9 124.2 125.7 127.2 109 9 113 0 111 8 112 7 113 4 114.2 115 1 105 9 108 5 107 5 108 2 108 7 109 7 110 3 112.7 116.4 114.9 116.1 116.8 117.7 118.8 127.2 124.6 133.7 131.2 131.2 127.8 132.7 130.0 134.6 136.4 138.2 132.9 134.1 137.0 99 7 102 5 101 9 101 9 102 3 103 6 103 7 117.6 122.3 120.5 121.7 122.9 124.2 125.7 127.2 114.8 118 9 117.2 118.4 119.4 120.6 122.0 Business Nonfarm--Farm . 114.0 118.0 116.3 117.5 118.5 119.7 121.1 114.5 118.5 116.8 117.8 118.9 120.1 121.6 102 9 106 8 103 7 108 0 107.8 107.9 108.5 Households and institutions 147.2 158.6 General government 148.1 159.4 155.7 156.9 161.3 163.6 165.6 -6.1 -6.3 44.8 -1.0 -2.5 117.6 Table 18.—Implicit Price Deflators for Gross National Product by Sector (8.4) Gross national product Personal saving 40.4 38.4 Undistributed corporate profits 25.9 26.7 Corporate inventory valuation adjustment.- -1.1 -3.2 Corporate capital consumption allowances . 42.6 45.9 Noncorporate capital consumption allowances 26.0 27.4 Wage accruals less disbursements .0 .0 121 3 126 2 124 5 124 5 127 4 128 3 129 8 137 1 145 0 142 3 143 4 146 2 148 1 150 1 3.5 Private 133.7 135.1 132.0 139.6 132.6 136.3 109.7 110 9 108.9 112 1 111 3 111 3 113 5 106.5 107.6 106.7 107.8 107.5 108.2 109 2 Table 17.—Implicit Price Deflators for Gross National Product by Major Type of Product (8.2) 116.3 120.1 3.5 Statistical discrepancy 118.9 120.4 121.4 100 3 103 3 102.3 102 9 103 4 104 5 104 9 113.0 117.1 115.3 116 7 117.5 118 8 119 8 ..- 122.1 127.3 125.2 126.6 127.9 129.5 131.0 Gross private domestic investment 108.7 112.2 103.6 106.0 89.3 100.7 8.8 10.0 .2 .3 108.0 3.4 Gross private saving 114.4 118.6 116.8 118.1 Government purchases of goods and 128.7 135.0 132.8 133.3 136.2 137.6 139.5 services Table 14.—State and Local Government Receipts and Expenditures Purchases of goods and services Transfer payments to persons . Net interest paid . Less: Current surplus of government enterprises 117.6 122.3 120.5 121.7 122.9 124.2 125.7 127.2 Personal consumption expenditures Federal State and local State and local government expenditures II* Net exports of goods and services. . Surplus or deficit (—), national -12.7 -5.2 -8.4 -9.5 -2.8 income and product accounts State and local government receipts I Table 16.-Implicit Price Deflators for Gross National Product (8.1) Gross national product 198.1 176.3 165.7 170.8 181.4 187.3 163.8 181.5 IV Index numbers, 1958=100 Billions of dollars 151.1 III Seasonally adjusted Seasonally adjusted at annual rates Federal Government receipts II 1969 HISTORICAL DATA Historical national income and product data are available from the following sources: 1965-68: July 1969 SURVEY OF CURRENT BUSINESS. 1964: July 1968 SURVEY OF CURRENT BUSINESS. 1929-63: The National Income and Product Accounts of the United States, 1929-65, Statistical Tables (available from any U.S. Department of Commerce Field Office or from the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402, price $1.00 per copy). U.S. National Income and Product Accounts, 1965-68 X HE complete set of national income and product tables for the 1965-68 period is presented on pages 17 to 49. As is usually the practice each July, estimates for the 3 most recent years have been revised. The estimates for 1965 and earlier periods have not been changed. The statistics published in this issue update the previous estimates for 1966-68 by incorporating a wide range of new and revised data from various Government agencies and other organizations. The most important of the new data are: Internal Revenue Service business tax return statistics, which provide the basis for estimating business profits for 1966 and 1967; State unemployment insurance payroll statistics, which provide new information for the wage and salary estimates for 1968; preliminary 1967 Census of Manufactures data, which contribute to the estimation of producers' durable equipment; revised Census statistics on business inventories, which constitute the principal source of the estimates of book value change in nonfarm business inventories for 1966-68; the Federal budget for fiscal year 1970 and other Government financial reports, which are used to update the Federal Government components of the national accounts; and Census statistics on the finances of State governments for fiscal year 1968 and of local governments for fiscal years 1967 and 1968, which provide information for the State and local government components. In addition to revised or newly available source data, the quarterly estimates also reflect the updating of seasonal adjustments. Size of revisions The impact of the revision has been to raise the national income and product aggregates slightly. The broad economic patterns shown by the figures are essentially the same as in the earlier estimates. The revised figures for GNP are higher than the previous estimates by one-fourth of 1 percent for 1966 and by about one-half of 1 percent for 1967 and 1968. The revisions in national and personal income are smaller. GNP in constant (1958) dollars is little changed because the increase in the current dollar estimates was offset by upward revisions in prices. The accompanying table summarizes the differences between the revised and previously published estimates. Tables in this report Table numbers and titles in this report are the same as in last year's July SURVEY and in the SURVEY Supplement, The National Income and Product Accounts of the United States, 1929-1965, Statistical Tables. Two tables included in those publications have been omitted from this report. One of these is Table 3.13 on the relation between State and local government receipts and expenditures in the national accounts to similar data compiled by Census in its annual survey of State and local government finances. In the past, this table has not provided a complete reconciliation of all the differences between these two sets of statistics. It has been omitted until a complete reconciliation can be worked out. Table 5.7, showing estimates of personal saving based on changes in assets, formerly compiled by the Securities and Exchange Commission, has also been omitted. This tabulation will be continued by the Federal Reserve Board as part of its flow-of-funds accounting and will be published in the SURVEY when the data become available. Historical data Summary historical tables are provided on page 50. These show annual totals and major components for GNP, national income, and personal income, 1929-68. For all of the tables shown in this report, data for 1964 appear in the July 1968 SURVEY OF CURRENT BUSINESS. Data for years prior to 1964 appear in the SURVEY Supplement, The National Income and Product Accounts oj the United States, 1929-1965, except for the following: Gross corporate product (table 1.14), gross product by industry (tables 1.21 and 1.22), quarterly per capita disposable personal income (addenda in table 2.1), and quarterly implicit price deflators for GNP by sector (table 8.4). The historical data for these series may be found in the following issues of the SURVEY: Gross corporate product— May 1967, gross product by industry— April 1967, quarterly per capita disposable personal income—September 1967, and quarterly implicit price deflators for GNP by sector—September 1967. GNP, National Income, and Personal Income GNP in current prices Year Pre1968 revision vious GNP in 1958 prices PreDif1968 ference revision vious National income DifPre1968 ference revision vious Personal income DifPre1968 ference revision vious Difference Billions of dollars 1966 1967 1968- - - 749.9 793.5 865.7 747.6 789.7 860.6 2.3 3.9 5.1 658.1 674.6 707.6 657.1 673.1 706.7 1.0 1.6 .9 620.6 654.0 714.4 620.8 652.9 712.8 -0.2 1.1 1.6 587.2 629.4 687.9 586.8 628.8 685.8 0.4 .6 2 i -.2 1.3 48.3 42.2 58.5 48.0 42.0 57.0 .4 .2 1.5 .0 .2 .0 9.0 7.2 9.3 8.9 7.2 9.1 .1 .0 2 Year-to-year changes, billions of dollars 1966 1967 1968- - 65.0 43.7 72.2 62.7 42.1 71.0 2.3 1.6 1.2 40.3 16.5 33.0 39.3 16.0 33.6 1.0 .6 -.6 56.2 33.4 60.4 56.4 32.1 59.9 Year-to-year changes, percent 1966 1967 1968. . 9.5 5.8 9.1 9.2 5.6 9.0 .3 2 !i 6.5 2.5 4.9 6.4 2.4 5.0 .1 .1 -.1 10.0 5.4 9.2 10.0 5.2 9.2 SUEVEY OF CUEEENT BUSINESS 14 July 1969 Table A.—Summary National Income and Product Accounts, 1968 1 [Billions of dollars] 1.-—National Income and Product Account Line Line 1 2 3 4 5 6 7 513. 6 24 465. 0 Wages and salaries 465. 0 Disbursements (2—7) .0 Wage accruals less disbursements (5—4) 48. 6 Supplements to wages and salaries Employer contributions for social insurance 24. 4 (3-14) 24. 2 Other labor income (2—8) 25 26 27 Compensation of employees 8 Proprietors' income (2—9) 63. 8 9 Rental income of persons (2— 10) _ 21. 2 Corporate profits and inventory valuation adjustment — 87.9 10 11 12 13 14 15 16 91. 1 41. 3 49. 8 23. 1 26. 7 -3. 2 Profits before tax Profits tax liability (3-11) Profits after tax Dividends (2-11) Undistributed profits (5—5) Inventory valuation adjustment (5—6) 28. 0 17 Net interest (2 13) 18 NATIONAL INCOME 19 20 21 3. 4 Business transfer payments (2—17) 77. 9 Indirect business tax and nontax liability (3—12) Less: Subsidies less current surplus of government enter.8 prises (3—6) _ 73. 3 Capital consumption allowances (5—7) -2. 5 Statistical discrepancy (5—9) ?,?, 23 714.4 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 CHARGES AGAINST GROSS NATIONAL PRODUCT- 865.7 Personal consumption expenditures (2-3) Durable goods Nondurable goods Services _ _ _ _ _ _ _ Gross private domestic investment (5-1) _ Fixed in vestment. _ _ _ Nonresidential _ _ Structures Producers' durable equipment Residential structures Change in business inventories 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 GROSS NATIONAL PRODUCT 536 6 83 3 230 6 222 8 126. 3 119 0 88.8 29. 3 59 5 30 2 7. 3 2 5 50. 6 48 1 200. 3 99. 5 78. 0 21. 5 100. 7 865.7 2.—Personal Income and Outlay Account Personal tax and nontax payments (3-10)_ Personal outlays Personal consumption expenditures (1-24) Interest paid by consumers (2-15) Personal transfer payments to foreigners (net) (4-4) _ Personal saving (5-3) PERSONAL TAXES, OUTLAYS, AND SAVING 97.9 551. 6 14. 2 .8 38.4 687.9 465. 0 Other labor income (1-7) 24. 2 Proprietors' income (1-8) 63. 8 10 Rental income of persons (1-9) 21. 2 11 Dividends (1-14) 23. 1 12 13 14 15 Personal interest income Net interest (1-17) Net interest paid by government (3-5) Interest paid by consumers (2-4) 54. 1 28. 0 11.9 14. 2 16 17 18 Transfer payments to persons From business (1-19) From government (3-3) 59. 2 3. 4 55. 8 19 Less: Personal contributions for social insurance (3-15)__ 22. 6 536. 6 1. Numbers in parentheses indicate accounts and items of counter-entry in the accounts. Wage and salary disbursements (1-3) PERSONAL INCOME 687.9 SURVEY OF CURRENT BUSINESS July 1969 15 [Billions of dollars] 3.—Government Receipts and Expenditures Account Line Purchases of good and services (1-38) Transfer payments To persons (2-18) To foreigners (net) (4-3) Net interest paid (2-14) 200. 3 10 Personal tax and nontax payments (2-1) 97. 9 57. 9 11 Corporate profits tax liability (1-12) 41. 3 55. 8 2. 1 12 Indirect business tax and nontax liability (1-20) 77. 9 13 Contributions for social insurance 47. 0 11. 9 Subsidies less current surplus of government enterprises (1-21) .8 14 15 Employer (1-6) Personal (2-19) 24. 4 22. 6 Surplus or deficit (—), national income and product accounts (5-8) —6. 7 Federal State and local. -5.2 -1.5 GOVERNMENT EXPENDITURES AND SURPLUS. _ 264.2 GOVERNMENT RECEIPTS 264.2 4.—Foreign Transactions Account Exports of goods and services (1-36) 50. 6 Imports of goods and services (1-37) 48. 1 Transfer payments from U.S. Government to foreigners (net) (3-4) Personal transfer payments to foreigners (net) (2-5) Net foreign investment (5-2) RECEIPTS FROM FOREIGNERS 50.6 PAYMENTS TO FOREIGNERS 2. 1 .8 —. 3 _ 50.6 5.—Gross Saving and Investment Account Gross private domestic investment (1-28) Net foreign investment (4-5) 126. 3 —. 3 Personal saving (2-6) Wage accruals less disbursements (1-4) Undistributed corporate profits (1-15) Corporate inventory valuation adjustment (1-16) Capital consumption allowances (1-22) 38. 4 .0 26. 7 —3. 2 73. 3 Government surplus or deficit (—), national income and product accounts (3-7) — 6. 7 Statistical discrepancy (1-23) GROSS INVESTMENT 126.0 1. Numbers in parentheses indicate accounts and items of counter-entry in the accounts. — 2. 5 GROSS SAVING AND STATISTICAL DISCREPANCY. 126. 0 SURVEY OF CURRENT BUSINESS 16 July 1969 THE NATIONAL INCOME AND PRODUCT ACCOUNTS - 1968 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 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 GROSS NATIONAL PRODUCT $866 Bil. Equals NATIONAL INCOME Equals PERSONAL INCOME $714 Bil. Rental Income" & Net Interest $49 U.S. Department of Commerce, Office of Business Economics $688 Bil. Equals DISPOSABLE PERSONAL INCOME Corporate Profits $88 Proprietors' Income Consumption Plus $590 Bil. Undistributed Corporate Profits, Corporate Profits Taxes, and Social Security Taxes Transfer Payments to Persons and Consumer and Gov't Interest Personal • Saving $38 July 1969 SURVEY OF CURRENT BUSINESS- 17 1.—Gross National Product and National Ineome Table 1.1.—Gross National Product 1965 1966 1967 1966 1965 1968 I III II I IV Millions of dollars III II 1968 1967 IV I II HI IV I II III IV Billions of dollars, seasonally adjusted at annual rates 684,884 749,857 793,544 865,701 662.8 675.7 691.1 710.0 729.5 743.3 755.9 770.7 774.2 783.5 800.4 816.1 835.3 858.7 876.4 892.5 Personal consumption expendi432,839 466,334 492,265 536,647 tures Gross national product Durable goods Nondurable goods Services Gross private domestic investment Fixed in vestment. _. 419.8 427.9 436.3 447.4 457.8 461.9 471.2 474.5 480.9 489.8 495.7 502.6 520.6 530.3 544.9 550.7 66,308 70, 752 73,008 83,342 191,059 206,936 215,059 230,555 175,472 188,646 204,198 222, 750 65.4 184.4 170.0 64.4 189.7 173.8 66.5 192.4 177 A 68.9 197.8 180.7 71.2 202.6 183.9 68.5 206.4 186.9 71.3 209.6 190.2 71.9 209.1 193.5 70.0 213.2 197.7 73.5 214.4 201.8 73.3 215.8 206.6 75.2 216.8 210.6 79.5 226.1 215.1 81.8 228.5 220.0 85.8 233.3 225.8 86.3 234.3 230.1 108,139 121,431 116,022 126,278 105.3 105.3 108.7 113.2 117.5 122.4 119.6 126.2 113.6 109.4 117.7 123.3 119.4 126.6 125.2 133.9 98, 519 106, 628 108, 628 118,970 94.5 96.5 99.6 103.5 106.2 106.3 107.7 106.3 104.7 106.1 109.9 113.8 117.7 116.7 118.0 123.4 NonresidentiaLStructures Producers' durable equipment . 71,291 25,530 81,586 28,492 83,674 27, 931 88,789 29,297 67.1 23.4 69.5 25.1 72.4 25.8 76.2 27.8 78.8 28.6 80.3 28.2 83.0 29.0 84.2 28.2 83.3 29.0 83.0 27.2 83.5 27.8 85.0 27.8 89.1 29.8 86.4 28.3 88.1 29.0 91.5 30.1 45, 761 53,094 55, 743 59,492 43.7 44.4 46.6 48.3 50.2 52.1 54.0 56.0 54.2 55.8 55.7 57.2 59.4 58.1 59.1 61.4 Residential structures Nonfarm . Farm 27,228 26, 707 521 25,042 24, 501 541 24,954 24,383 571 30,181 29,632 549 27.4 26.8 .5 27.0 26.4 .5 27.2 26.7 5 27.4 26.9 5 27.4 26.9 5 26.0 25.4 5 24.7 24.2 .5 22.1 21.5 .6 21.4 20.9 .6 23.1 22.5 .6 26.5 25.9 .6 28.8 28.3 .6 28.6 28.0 .6 30.3 29.7 .6 29.9 29.4 .5 31.9 31.4 .5 Change in business inventories . Nonfarm. . _ Farm 9,620 8,647 973 14,803 14,961 -158 7,394 6,779 615 7,308 7,439 -131 10.9 10.3 .6 8.9 8.1 .8 9.1 7.8 1.2 9.7 8.5 13 11.3 10.9 3 16.2 16.2 — 1 11.9 12.4 -.4 19.9 20.4 —.5 9.0 9.1 -.1 3.4 3.0 .3 7.8 7.0 .8 9.5 8.0 1.5 1.6 1.3 .4 9.9 10.3 —.4 7.2 7.5 -.3 10.5 10.7 -.2 6,901 5,279 5,177 2,516 6.2 8.1 7.3 6.0 6.2 5.6 4.4 4.9 5.4 5.8 5.6 3.8 1.9 3.4 3.6 1.2 39,196 32,295 43,360 38,081 46,188 41,011 50,594 48,078 35.2 29.0 40.8 32.7 40.3 33.0 40.5 34.5 42.2 36.0 42.7 37.1 43.7 39.3 44.8 39.9 45.8 40.4 45.9 40.1 46.3 40.7 46.7 42.8 47.7 45.9 50.7 47.3 53.4 49.7 50.6 49.4 Government purchases of goods 137,005 156,813 180,080 200,260 and services 131.5 134.4 138.9 143.3 148.0 153.4 160.7 165.2 174.2 178.5 181.3 186.4 193.4 198.4 202.5 206.7 Net exports of goods and services Exports Imports FederalNational defense Other 66,897 50,134 16, 763 77, 773 60,688 17,085 90, 744 72,353 18,391 99,515 78,031 21,484 64.4 48.6 15.8 65.5 49.2 16.2 67.6 50.1 17.4 70.1 52.5 17.6 72.8 55.3 17.5 75.6 58.5 17.2 80.5 63.3 17.2 82.1 65.6 16.5 87.8 69.9 17.9 90.3 71.9 18.4 91.3 73.0 18.4 93.5 74.6 18.9 96.3 76.1 20.1 99.0 77.9 21.1 100.9 78.8 22.1 101.9 79.3 22.5 State and local 70,108 79,040 89,336 100,745 67.0 68.9 71.3 73.2 75.2 77.7 80.1 83.0 86.4 88.1 90.0 92.9 97.1 99.4 101.7 104.8 Table 1.2.—Gross National Product in Constant Dollars [Billions of 1958 dollars] 1966 1965 1965 1966 1967 1968 I II III VI I II 1968 1967 III IV I II III IV I II III IV Seasonally adjusted at annual rates 617.8 658.1 674.6 707.6 601.6 610.4 622.5 636.6 649.1 655.0 660.2 668.1 666.5 670.5 678.0 683.5 693.3 705.8 712.8 718.5 397.7 418.1 430.3 452.6 387.9 393.4 400.3 409.2 415.3 415.1 421.3 420.7 424.4 430.5 431.9 434.3 445.6 449.0 458.2 457.6 66.6 178.6 152.5 71.7 187.0 159.4 72.8 190.3 167.2 80.7 196.9 175.0 65.1 174.0 148.7 64.3 177.8 151.3 67.1 179.4 153.8 69.8 183.3 156.1 72.7 185.2 157.4 69.6 186.9 158.5 72.3 188.7 160.2 72.3 187.0 161.5 70.3 190.2 163.9 73.9 190.6 166.1 73.0 190.3 168.6 73.9 190.2 170.3 77.7 196.0 171.8 79.5 195.8 173.7 83.0 198.7 176.5 82.7 197.2 177.7 99.2 109.3 100.8 105.7 96.9 96.8 99.6 103.4 106.9 110.8 107.1 112.5 100.5 95.7 101.6 105.4 101.2 106.6 104.1 110.9 90.1 95.4 93.9 99.1 87.0 88.5 91.1 94.0 96.2 95.4 96.0 94.0 92.0 92.6 94.3 96.7 99.8 97.6 97.7 101.4 66.3 22.3 74.1 24.0 73.6 22.6 75.8 22.7 62.8 20.7 64.8 22.1 67.3 22.4 70.3 23.9 72.5 24.5 73.2 23.8 75.0 24.2 75.4 23.4 74.1 23.8 73.5 22.1 73.1 22.3 73.8 22.1 77.1 23.6 74.0 22.0 75.0 22.2 77.3 22.9 44.0 50.1 51.0 53.2 42.1 42.7 45.0 46.4 48.1 49.4 50.9 52.0 50.3 51.4 50.8 51.6 53.5 52.0 52.7 54.4 _ _ 23.8 23.4 .5 21.3 20.9 .5 20.3 19.8 .5 23.3 22.8 .4 24.1 23.7 .5 23.7 23.2 .5 23.8 23.3 .5 23.8 23.3 .5 23.6 23.2 .5 22.2 21.7 .5 20.9 20.4 .5 18.6 18.1 .5 17.9 17.4 .5 19.0 18.6 .5 21.2 20.7 .5 23.0 22.5 .5 22.7 22.2 .5 23.5 23.1 .4 22.7 22.3 .4 24.1 23.7 .4 Change in business inventories Nonfarm _ Farm 9.0 8.1 .9 13.9 14.1 -.2 6.9 6.3 .6 6.6 6.7 -.1 10.0 9.4 .6 8.3 7.5 .8 8.6 7.4 1.2 9.3 8.2 1.2 10.7 10.4 .3 15.3 15.4 -.1 11.1 11.5 -.4 18.5 19.0 -.5 8.5 8.6 -.1 3.1 2.8 .3 7.4 6.6 .8 8.7 7.3 1.4 1.5 1.1 .4 9.0 9.4 -.3 6.4 6.7 -.3 9.6 9.8 -.2 Gross national product Personal consumption expenditures Durable goods Nondurable goods Services. ,. _ _ . _ __ __ Gross private domestic investment Fixed investment _ Nonresidential Structures _ _ _ Producers' durable equipment Residential structures.. Nonfarm Farm .... Net exports of goods and services Exports Imports Government purchases of goods and services Federal State and local 6.2 4.2 3.6 .9 5.4 7.0 6.7 5.7 5.5 4.8 3.2 3.3 4.0 4.2 4.1 2.0 .9 1.3 1.7 -.2 37.4 31.2 40.2 36.1 42.1 38.5 45.6 44.7 33.7 28.3 39.0 32.0 38.4 31.8 38.6 32.9 40.0 34.5 39.9 35.1 40.3 37.1 40.7 37.5 41.8 37.8 41.9 37.8 42.2 38.1 42.5 40.5 43.9 43.0 45.2 43.9 48.0 46.3 45.5 45.7 114.7 126.5 148.4 111.4 113.1 115.9 118.4 121.4 124.3 128.7 131.6 137.6 140.1 141.7 145.6 148.9 148.8 150.2 75.7 66.0 77.3 68.3 79.6 69.3 79.2 69.6 79.4 70.8 57.9 56.8 65.4 61.1 140.0 74.8 65.2 78.9 69.5 56.4 55.0 57.2 56.0 58.5 57.4 59.6 58.7 62.0 59.4 63.8 60.5 67.3 61.4 68.6 63.0 72.8 64.8 75.1 65.0 140.4 75.5 64.9 SURVEY OF CURRENT BUSINESS 18 July 1969 Table 1.3.—Gross National Product by Major Type of Product [In billions of dollars] 1966 1965 1965 1966 1967 1968 I III II IV I 1967 III II I IV 1968 II III IV I II III IV Seasonally adjusted at annual rates 684.9 749.9 793.5 865.7 662.8 675.7 691.1 710.0 729.5 743.3 755.9 770.7 774.2 783.5 800.4 816.1 835.3 858.7 876.4 892.5 675.3 Final sales Change in business inventories. _ 9.6 735.1 14.8 786.2 7.4 858.4 7.3 651.9 10.9 666.8 8.9 682.1 9.1 700.3 9.7 718.2 11.3 727. 1 16.2 744.0 11.9 750.8 19.9 765.2 9.0 780.2 3.4 792.6 7.8 806.6 9.5 833.6 1.6 848.8 9.9 869.2 7.2 882.0 10.5 Gross national product 347.2 383.3 398.4 431.1 336.7 341.9 349.7 360.8 371.0 379.7 385.3 397.1 391.5 395.9 401.1 405. 3 414.5 429.2 437.0 443.5 337.6 Final sales 9.6 Change in business inventories.. 368.5 14.8 391.0 7.4 423.7 7.3 325.8 10.9 333.1 8.9 340.7 9.1 351.1 9.7 359.7 11.3 363.5 16.2 373.4 11.9 377.2 19.9 382.5 9.0 392.5 3.4 393.3 7.8 395.8 9.5 412.8 1.6 419.3 9.9 429.9 7.2 433.0 10.5 139.6 Durable goods 133.0 Final sales 6.7 Change in business inventories.. 156. 7 146.2 10.5 160.9 157.0 3.9 176.7 171.4 5.3 137.6 129.2 8.4 136.9 129.9 6.9 140.9 134.1 6.8 143.2 138.5 4.6 150.3 142.2 8.2 153.1 142.6 10.6 158.3 148.1 10.2 165.0 151.8 13.2 156.1 151.9 4.2 159.9 158.3 1.5 162.2 157.7 4.4 165.5 160.0 5.6 168.3 166.4 1.9 175.7 168.9 6.8 178.8 173.7 5.1 184.0 176.6 7.4 207.6 Nondurable goods Final sales . 204.7 3.0 Change in business inventories.. 226.6 222.3 4.3 237.5 234.1 3.5 254.4 252.3 2.0 199.1 196.6 2.5 205.1 203.1 1.9 208.8 206.5 2.3 217.6 212.5 5.1 220.7 226.5 217.6 220.9 3.1 5.6 227.0 225.3 1.7 232.0 225.4 6.7 235. 4 230.7 4.7 236.0 234.2 1.8 238.9 235.5 3.4 239.8 235.9 3.9 246.2 246.5 -.3 253.5 250.4 3.1 258.3 256.1 2.1 259.5 256.4 3.1 262.9 289.1 316.7 347.5 254.6 260.0 265.8 271.0 279.0 285.8 293.2 298.4 306.4 312.0 320.1 328.4 335.0 343.4 353.2 358.5 74.8 77.5 78.4 87.1 71.5 73.7 75.6 79.6 77.9 77.4 75.3 76.3 75.6 79.3 82.4 85.8 86.0 86.1 90.6 Goods output Services Structures 78.2 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.. _ _ Durable goods __ Personal consumption expenditures Producers' durable equipment Government purchases N e t exports _ _ _ _ _ __ Change in business inventories Nondurable goods __ _ Persona] consumption expenditures.. _. Government purchases Net exports Change in business inventories __ ______ _ _ _ __ _ _ _ Services Personal consumption expenditures Government purchases _ _ _ _ _ _ Net exports Structures _. Private structures Government structures _ _ _ _ _ __ 1965 1966 1967 684.9 749.9 793.5 865.7 139.6 66.3 45.8 17.5 3.4 6.7 156.7 70.8 53.1 20.0 2.3 10.5 160.9 73.0 55 7 25.9 2.4 3.9 176.7 83.3 59.5 28.1 .4 5.3 Durable goods. Personal consumption expenditures Producers' durable equipment Government purchases N e t exports _ _ _ Change in business inventories 207.6 191.1 12.3 1.4 3.0 226.6 206.9 13.7 1.6 4.3 237.5 215.1 17.5 1.5 3.5 254.4 230.6 21.6 .2 2.0 Nondurable goods _ _ _ Personal consumption expenditures __ _ Government purchases _ _ Net exports Change in business inventories. _ 262.9 175.5 85.2 2.2 289.1 188.6 99.1 1.4 316.7 204.2 111.2 1.3 347.5 222.8 122.9 1.9 Services Personal consumption expenditures Government purchases Net exports 74.8 52.8 22.0 77.5 53.5 24.0 78.4 52.9 25.5 87.1 59.5 27.6 1968 Gross national product _ 1965 1966 1967 617.8 658.1 674.6 707.6 136.5 66.6 44.0 16.8 2.7 6.5 151.8 71.7 50.1 18.7 1.4 98 152.0 72.8 51.0 23.5 1.2 3.5 162.8 80.7 53.2 24 9 -.8 4 7 194.2 178.6 12.3 .7 2.6 205.1 187.0 13.2 .8 4.1 210.7 190.3 16.5 .5 3.4 218.6 196.9 20.5 -.8 1.9 ._ _ 221.9 152.5 66.6 2.8 236.3 159.4 74.9 2.0 249.1 167.2 80.0 1.8 259.9 175.0 82.4 2.5 ^ 65.2 46.1 19.1 65.0 45.3 19.7 62.9 42.9 20.0 66.4 45.9 20.5 __ _ _ _ _ __ _ __ _ _ Structures Private structures _ Government structures 1968 Table 1.5.—Gross National Product by Major Type of Product in Constant Dollars [Billions of 1958 dollars] 1965 1966 1967 1968 I II III VI I II 1968 1967 1966 1965 III IV I III IV I II 678.0 683.5 693.3 705.8 II III IV Seasonally adjusted at annual rates Gross national product 617.8 Final sales _. 608.8 Change in business inventories. . 9.0 658.1 644.2 13.9 674.6 667.7 6.9 707.6 701.0 6.6 601.6 591.7 10.0 610.4 602.1 8.3 622.5 614.0 8.6 636.6 627.3 9.3 649.1 655.0 638.4 10.7 639.6 15.3 660.2 649.1 11.1 668.1 649.5 18.5 666.5 658.0 8.5 670.5 667.4 3.1 670.7 7.4 674.8 8.7 691.8 1.5 696.8 9.0 712.8 718.5 706.3 6.4 709.0 9.6 330.7 356.8 362.7 381.3 321.9 325.5 333.0 342.5 349.7 354.7 357.4 365.5 359.2 362.3 364.2 365.0 370.8 380.8 385.5 388. 2 Final sales 321.7 Change in business inventories. _ 9.0 342.9 13.9 355.7 6.9 374.7 6.6 312.0 10.0 317.2 8.3 324.4 8.6 333.2 9.3 339. 1 ' 339.4 15.3 10.7 346.2 11.1 346.9 18.5 350.7 8.5 359.2 356.8 3.1 7.4 356.3 8.7 369.4 1.5 371.7 9.0 379.1 6.4 378.7 9.6 Durable goods 136.5 130.1 Final sales Change in business inventories. _ 6.5 151.8 141.9 9.8 152.0 148.5 3.5 162.8 158.0 4.7 134.3 126.1 8.2 133.3 126.6 6.7 138.1 131.6 6.5 140.4 136.0 4.4 147.5 139.8 7.7 149.0 139.0 9.9 153.0 143.5 9.5 157.6 145.4 12.2 148.8 145.0 3.8 152.1 150.8 1.3 153.0 148.9 4.1 154.1 149.2 4.9 156.6 1518 1.7 162.3 156.2 6.1 164.5 159.9 4.5 167.8 161.2 6.5 Nondurable goods 194.2 Final sales 191.6 Change in business inventories. _ 2.6 205.1 201.0 4.1 210.7 207.3 3.4 218.6 216.7 1.9 187.6 185.9 1.8 192.2 190.6 1.6 194.9 192.9 2.1 202.1 197.2 4.9 202.3 199.3 3.0 205.7 200.3 5.4 204.4 202.8 1.6 207.8 201.5 6.3 210.4 205.7 4.7 210.2 208.4 1.8 211.2 207.9 3.3 210.9 207.1 3.8 214.3 214.6 -.3 218.4 215.5 2.9 221.1 219.2 1.9 220.5 217.5 3.0 221.9 236.3 249.1 259.9 216.6 220.3 224.0 226.7 231.5 234.7 238.5 240.5 244.8 246.9 251.0 253.7 255.4 258.9 262.4 262.7 65.2 65.0 62.9 66.4 63.1 64.6 65.6 67.4 67.9 65.6 64.3 62.1 62.5 61.3 62.9 64.9 67.1 66.2 64.8 67.5 Goods output Services Structures SUKVEY OF CUREENT BUSINESS July 1969 19 Table 1.7.—Gross National Product by Sector [Billions of dollars] 1966 1965 1966 1965 1967 1968 I II III IV I III II 1968 1967 IV I II III IV I II III IV Seasonally adjusted at annual rates Gross national product Private— Business Nonfarm Farm _ _. . 684.9 749.9 793.5 865.7 662.8 675.7 691.1 710.0 729.5 743.3 755.9 770.7 774.2 783.5 800.4 816.1 835.3 858.7 876.4 892.5 617.1 673.3 708.2 770.5 597.4 609.2 622.7 639.1 656.3 668.0 677.8 690.8 692.0 699.5 714.2 727.1 743.9 764.9 779.2 794.0 594.4 570.8 23.7 648.9 624.0 24.9 681.0 656.6 24.4 740.6 715.7 24.9 575.4 552.9 22.4 586.5 562.5 24.0 599.8 575.7 24.1 616.1 592.0 24.1 632.9 606.7 26.1 643.9 619.0 24.9 653.1 628.4 24.7 665.9 642.0 23.9 665.9 642.1 23.8 673.0 648.6 24.4 686.4 661.7 24.7 698.6 673.9 24.7 715.4 690.5 24.9 734.6 709.8 24.8 749.3 724.1 25.2 763.1 738.4 24.7 18.5 4.2 20.2 4.1 22.7 4.5 25.2 4.7 17.6 4.4 18.2 4.5 18.8 4.1 19.2 3.8 19.5 4.0 19.9 4.2 20.7 4.0 20.8 4.2 22.0 4.1 22.5 4.0 22.9 4.9 23.4 5.1 24.3 4.3 25.4 4.9 25.0 4.9 26.0 4.9 67.8 76.6 85.3 95.2 65.4 66.5 68.4 70.9 73.2 75.3 78.1 79.9 82.2 84.0 86.2 89.0 91.3 93.8 97.1 98.5 Households and institutions Rest of the world.. ._ General government Table 1.8—Gross National Product by Sector in Constant Dollars [Billions of 1958 dollars] 1965 1966 1965 1967 1968 I II 1966 III IV I 19 57 III II IV I II 196 8 III IV I II III IV Sesisonally adjuste d at amlual rat<3S Gross national product Private Business N on farni Farm ___ 617.8 658.1 674.6 707.6 601.6 610.4 622.5 636.6 649.1 655.0 660.2 668.1 666.5 670.5 678.0 683.5 693.3 705.8 712.8 718.5 567.0 603.5 617.0 647.9 551.9 560.1 571.5 584.7 596.2 601.0 605.0 611.8 609.6 613.1 619.9 625.4 634.6 646.1 652.6 658.3 548.9 525.2 23.7 584.9 562.5 22.4 597.3 573.5 23.7 627.5 604.2 23.3 534.2 510 3 23.9 541.9 517.8 24.1 553.2 529 7 23.6 566.5 543 1 23.4 578.1 554 8 23 3 582.5 560 1 22.4 586.2 564 5 21.7 592.9 570 8 22 2 590.6 567 3 23 3 593.9 570 0 24 0 599.7 575 9 23 9 604.8 581 1 23.7 615.0 591 0 24 0 625.3 602 3 23 0 632.1 608 8 23.4 637.5 614 6 22 9 14.0 4.1 14.6 3.9 15.4 4.3 15.9 4.5 13.4 4.3 13.9 4.4 14.3 4.0 14.5 3.7 14 3 3.8 14.5 4.0 14 9 3.9 14 9 4.0 15 1 3.9 15 4 3.8 15 5 4.7 15.7 4.9 15 5 4. 1 16 1 4.7 15.7 4.7 16 2 4.6 50.8 54.6 57.6 59.7 49.8 50.3 51.1 52.0 52.9 54.0 55.2 56.3 56.9 57.3 58.1 58.1 58.7 59.8 60.2 60.2 IV Households and institutions Rest of the world General government Table 1.9.—Relation of Gross National Product, National Income, and Personal Income 1965 1966 1967 1966 1965 1968 II I III IV Millions of dollars I II 1968 1967 III IV I II III IV I II III 816.1 835.3 858.7 876.4 Billions of dollars, seasonally adjusted at annual rates _ 684,884 749,857 793,544 865,701 73, 269 58.2 59.2 60.3 61.3 62.5 63.5 64.4 65.3 66.8 67.9 69.2 70.4 71.7 73.0 73.7 74.6 Equals: Net national product 625,119 685,908 724,960 792,432 604.6 616.5 630.8 648.6 667.0 679.8 691.5 705.4 707.4 715.6 731.2 745.7 763.6 785.6 802.6 817.9 77, 929 61.9 62.1 62.4 63.4 63.4 65.1 66.7 67.5 67.9 69.2 70.8 72.7 73.9 77.0 79.4 81.4 3,192 3,418 -968 -2,506 2.7 -4.0 2.7 -3.9 2.8 -2.4 2.8 -2.2 2.9 -.5 3.0 -1.1 3.0 -2.2 3.0 3 3.1 -1.2 3.2 -1.7 3.2 .1 3.3 -1.1 3.3 -1.8 3.4 -1.6 3.4 -3.3 3.5 -3.4 Gross national product - - _ Less: Capital consumption allowances. _ 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 59, 765 62, 457 63,949 65, 652 2,737 2,986 -3, 121 -1,012 68, 584 70, 111 662.8 675.7 691.1 710.0 729.5 743.3 755.9 770.7 774.2 783.5 800.4 892.5 804 1.2 1.2 1.2 1.6 2.0 2.2 2.8 2.2 1.7 1.2 1.4 1.2 .6 .7 1.1 .9 564,336 620,585 654,011 714,395 545.2 556.7 569.1 586.3 603.2 615.0 626.9 637.3 639.3 646.2 658.5 672.0 688.8 707.4 724.1 737.3 81.5 82.1 82.5 83.7 78.3 78.3 79.1 81.1 82.5 88.2 90.6 90.3 36.5 37.3 38.8 39.5 41.1 42.0 42.8 43.7 45.4 46.5 47.6 48.6 .0 .0 .0 .0 .0 .0 .0 .0 1,290 2,303 1,386 76, 070 82, 440 79, 213 87, 895 73.1 74.4 76.5 80.3 29, 621 38, 035 42, 379 47, 022 29.0 29.3 29.8 30.4 0 0 0 0 .0 .0 .0 .0 .0 .0 .0 .0 37, 185 41, 075 48, 765 55, 763 36.0 35.3 39.4 38.0 39.6 39.1 41.1 44.5 47.6 48.4 49.0 50.0 52.9 55.3 56.7 58.1 20, 518 19, 808 22, 248 20, 797 23, 573 21, 475 26, 126 23, 130 19.9 18.7 20.4 19.4 20.8 20.2 20.9 21.0 21.4 21.2 22.0 21.0 22.4 20.7 23.1 20.2 23.4 21.1 23.0 21.7 23.6 22.0 24.3 21.1' 25.0 22.2 25.7 22.9 26.4 23.6 27.4 23.8 2,737 2,986 3,192 3,418 2. 7 2.7 2.8 2.8 2.9 3.0 3.0 3.0 3.1 3.2 3.2 3.3 3.3 3.4 3.4 3.5 538,893 587,216 629,424 687,915 520.4 530.8 546.1 558.4 570.3 580.7 592.9 605.0 615.2 622.2 634.5 645.9 664.3 680.1 696.1 711.2 SUKVEY OF CURRENT BUSINESS 20 July 1969 Table 1.10.—National Income by Type of Income 1965 1966 1966 1965 1968 1967 I II III I IV Millions of dollars II 1967 III IV I II 1968 III IV I II III IV Billions of dollars, seasonally adjusted at annual rates National income 564,336 620,585 654,011 714,395 545.2 556.7 569.1 586.3 603.2 615.0 626.9 637.3 639.3 646.2 658.5 672.0 688.8 707.4 724.1 737.3 Compensation of employees 393,844 435,504 467,421 513,557 381.3 388.6 397.0 408.5 420.1 430.9 441.4 449.7 456.2 461.1 470.7 481.7 495.1 507.0 519.8 532.3 Wages and salaries..- __ 358, 885 394, 499 423, 483 464,973 347.4 354.0 361.7 372.4 380.4 390.3 400.0 407.4 413.2 417.7 426.5 436.5 448.2 459.0 470.7 482.1 Private _ . 289, 621 316, 801 337, 264 368,999 Military ___ ... _. 12, 143 14, 560 16, 210 17,981 Government civilian... 57, 121 63, 138 70, 009 77, 993 280.6 11.8 55.1 286.1 11.7 56.3 291.9 12.1 57.8 299.9 306.1 13.1 13.6 59.4 60.6 314.0 14.2 62.1 320.9 326.2 330.2 14.9 15.8 15.5 64.1 65.7 67.2 333.0 15.9 68.8 339.6 16.1 70.8 346.3 17.0 73.2 355.9 17.3 75.0 364.5 17.6 76.8 372.7 18.7 79.3 382.8 18.3 80.9 Supplements to wages and salaries.- _ _ 34, 959 41, 005 43,938 48, 584 33.9 34.6 35.3 36.1 39.7 40.6 41.4 42.3 43.0 43.4 44.2 45.1 47.0 48.0 49.1 50.2 Employer contributions for social insurance Other labor income 16, 217 18, 742 20, 294 20, 711 21,817 22, 121 24,409 24, 175 15.9 17.9 16.1 18.5 16.3 19.0 16.6 19.5 19.6 20.0 20.1 20.5 20.5 20.9 20.9 21.4 21.3 21.8 21.6 21.9 22.0 22.3 22.5 22.6 23.6 23.4 24.1 23.9 24.7 24.5 25.3 25.0 Employer contributions to private pension and welfare funds Other 15, 623 3,119 17, 241 3,470 18, 398 3,723 20, 125 4,050 Proprietors' income. Business and professional Income of unincorporated enterprises Inventory valuation adjustment Farm Rental income of persons Corporate profits and inventory valuation adjustment - 57,253 61,299 61,853 63,754 54.8 56.9 58.0 59.3 62.1 61.2 61.1 60.8 60.8 61.7 62.6 62.3 63.2 63.6 64.1 64.1 42,416 45, 214 47, 194 49, 157 41.1 41.8 42.8 44.0 44.7 45.0 45.4 45.8 46.5 47.1 47.8 47.5 48.4 49.2 49.3 49.7 42, 796 45,603 47, 483 49, 880 -380 -389 -289 -723 14, 837 16, 085 14,659 14, 597 13.8 15.1 15.2 15.2 17.4 16.2 15.7 15.0 14.3 14.7 14.8 14.9 14.8 14.3 14.8 14.4 18,952 19,955 20,828 21,225 18.6 19.1 19.3 19.6 19.8 20.1 20.3 20.6 20.8 20.9 21.0 21.1 21.2 21.2 21.4 18.9 76,070 82,440 79,213 87,895 73.1 74.4 76.5 80.3 81.5 82.1 82.5 83.7 78.3 78.3 79.1 81.1 82.5 88.2 90.6 90.3 _ _. _. 77, 787 84, 224 80, 337 91, 137 74.5 76.5 77.6 82.6 83.9 84.2 85.5 83.2 78.4 79.1 79.5 84.4 87.9 90.7 91.5 94.5 31,326 46, 461 19, 808 26, 653 34, 281 49, 943 20, 797 29,146 32, 995 47,342 21, 475 25, 867 41,316 49, 821 23, 130 26, 691 30.0 44.5 18.7 25.8 30.8 45.7 19.4 26.3 31.2 46.3 20.2 26.1 33.3 49.3 21.0 28.4 34.1 49.8 21.2 28.6 34.2 50.0 21.0 29.0 34.9 50.7 20.7 29.9 33.9 49.3 20.2 29.1 32.3 46.1 21.1 24.9 32.6 46.4 21.7 24.8 32.5 47.0 22.0 25.0 34.5 49.9 21.1 28.8 39.9 47.9 22.2 25.7 41.1 49.7 22.9 26.7 41.4 50.0 23.6 26.5 42.9 51.6 23.8 27.8 Inventory valuation adjustment - _ _ _ _ -1,717 -1,784 -1,124 -3, 242 -1.4 -2.1 -1.1 -2.3 -2.4 -2.2 -3.0 .5 -.1 -.7 -.4 -3.3 -5.3 -2.6 -.9 -4.2 27,964 17.3 17.9 18.5 19.0 19.9 21.0 21.8 22.8 23.5 24.3 25.1 25.9 26.7 27.5 28.4 29.3 Profits before tax _ _ Profits tax liability Profits after taxDividends _-- Undistributed profits 18,217 Net interest 21,387 24,696 Table 1.11. —National Income by Industry Division [Billions of dollars] 1966 1965 1965 1966 1967 1968 I II III IV I II 1967 III IV I II 1968 III IV I II III IV Seasonally adjusted at annual rates 564.3 620.6 654.0 714.4 545.2 556.7 569.1 586.3 603.2 615.0 626.9 637.3 639.3 646.2 658.5 672.0 688.8 707.4 724.1 Agriculture, forestry, and fisheries. _ 21.0 22.7 21.5 21.9 19.7 21.3 21.5 21.7 23.9 22.8 22.4 21.8 21.1 21.4 21.6 21.8 22.0 21.6 22.2 21.9 Mining and construction 35.2 38.3 39.4 42.9 34.1 34.8 35.3 36.8 37.6 38.1 38.6 38.8 39.0 38.6 39.6 40.3 41.5 42.6 43.1 44.4 Manufacturing Nondurable goods _. Durable goods 172.6 66.5 106.1 191.5 72.9 118.5 195.6 75.7 119.9 215.4 82.9 132.5 167.5 65.0 102.5 169.9 65.5 104.3 173.7 66.9 106.8 179.3 68.5 110.8 185.8 71.0 114.9 190.1 72.6 117.4 193.2 73.7 119.5 196.7 74.5 122.3 194.0 74.8 119.2 193.3 74.8 118.5 195.5 75.8 119.8 199.6 77.6 122.0 206.7 80.1 126.6 213.9 82.0 131.9 218.2 84.2 134.1 222.7 85.4 137.3 23.2 11.2 24.9 12.5 25.1 13.1 27.2 14.2 22.1 10.9 22.9 11.0 23.5 11.3 24.1 11.7 24.4 12.0 24.8 12.4 24.8 12.7 25.4 12.7 24.9 12.9 24.9 13.0 25.2 13.1 25.4 13.3 26.3 13.7 27.0 13.8 27.5 14.4 27.8 14.9 Electric, gas, and sanitary services-- 11.4 Wholesale and retail trade. _ _ . 84.3 12.1 91.4 12.6 97.5 13.7 105.2 11.2 82.2 11.5 83.1 11.4 84.8 11.6 87.1 11.8 89.5 12.0 90.4 12.4 92.0 12.4 93.6 12.4 94.6 12.5 96.8 12.7 98.5 12.9 100.0 13.2 101.9 13.4 104.5 14.2 106.6 13.9 107.8 Finance, insurance, and real estateServices 61.9 64.1 67.4 71.1 72.3 78.3 78.2 86.1 59.4 61.0 60.9 63.1 62.5 65.2 64.5 67.1 65.3 68.1 66.9 70.1 68.1 72.4 69.3 73.7 70.0 75.9 71.4 77.8 73.2 79.3 74.5 80.4 75.3 83.2 77.1 85.2 79.3 86.5 80.9 89.3 Government and government enterprises Rest of the world - 75.2 4.2 84.7 4.1 94.1 4.5 105.0 4.7 72.7 4.4 73.8 4.5 75.8 4.1 78.6 3.8 80.9 4.0 83.1 4.2 86.2 4.0 88.6 4.2 90.5 4.1 92.5 4.0 94.9 4.9 98.6 5.1 100.8 4.3 103.3 4.9 107.1 4.9 108.7 4.9 All industries, total Transportation Communication __ _ _ __ __. . 737.3 SURVEY OF CURRENT BUSINESS July 1969 Table 1.12.—National Income by Industry 21 Table 1.13.—National Income by Sector and Organization [Millions of dollars] Legal Form of [Millions of dollars] 1965 All industries, total ___ Agriculture, forestry, and fisheries Farms Agricultural services, forestry, and fisheries 654,011 714,395 21,047 22,698 21,478 21,891 19, 630 1,417 21, 183 1,515 19, 935 1,543 20, 242 1,649 6,338 6,191 633 6,548 707 1,332 2,754 1,122 1,071 1,387 2,690 1,190 1,424 2,865 1,269 1 421 3, 040 1,380 29,116 31,962 33,192 36 367 - 172,572 191,467 195,621 215 383 -- - 66,482 72,939 75,739 82 913 14, 495 1,111 5,837 6,556 5,929 8,746 12, 648 5,381 3,949 1,830 15, 684 1,151 6,486 7,242 6,654 9,579 13, 756 5,780 4,527 2,080 16, 258 1,263 6,246 7,576 6,740 9,863 14, 159 6,778 4,696 2,160 17 411 1 395 7 170 8,484 7 393 10, 597 15 561 7,126 5,494 2 282 106,090 118,528 119,882 132 470 Contract construction Manufacturing 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 _ _ 4,212 2 870 5,713 14 735 11 518 18, 357 14 850 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, and sanitary services _ _ 1968 620,585 908 Metal mining C oal mining Crude petroleum and natural gas _ Mining and quarrying of nonmetallic minerals Nondurable goods 1967 564,336 6,116 Mining 1966 _ ._ _ 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 4,346 3,196 5,920 16, 291 13, 030 21, 291 17, 456 4,278 3,242 5,781 15, 464 13, 418 21, 931 18, 404 5,113 3 515 6 330 16 670 14' 587 23 029 19 910 13, 681 15, 165 4,977 3,175 15, 286 13, 566 5,195 3,317 16 582 17, 435 5 749 3,550 23,150 24,853 25,092 27 156 7,047 1,897 8,317 1,990 2,697 7,327 1,951 8,998 2,274 3,027 6,829 2,036 9,189 2,284 3,387 7 043 2 171 10,306 2 381 3 786 412 864 416 951 446 1 023 11,241 12,464 13,057 14 196 9,991 1,250 11, 078 1,386 11, 727 1,330 12, 690 1 506 11,447 12,135 12,630 13,696 84,302 91,392 97,503 105,200 30, 341 53 961 33, 380 58, 012 35,280 62, 223 37 961 67 239 61,857 67,411 72,278 78,158 8,989 9,838 10, 917 12 720 —505 1,903 5,186 2,671 43, 613 -478 2,402 6,058 2,921 46, 670 —840 3,172 6,433 3,030 49, 566 -882 4 050 6,545 3 266 52, 459 64,076 71,078 78,334 86,077 2,788 5 993 8,41,3 3,192 6,570 9,547 3,413 6,966 10, 536 3,744 7 325 11, 479 2,450 1 501 1,205 2,637 1,689 1,343 2,858 1,724 1,332 3,094 1,884 1,418 2,221 16, 256 4 069 4,191 5,306 5,719 3,964 2,419 18, 075 4,522 4,719 5,785 6,552 4,028 2,570 20,606 4,814 5,339 6,352 7,380 4,444 2,778 23, 570 5 188 5,878 7,015 8,066 4,638 75,233 84,683 94,124 104,978 Federal General government , _ Government enterprises 33,458 28,450 5,008 . 38, 063 32, 591 5,472 41, 664 35, 780 5,884 46,023 39, 461 6,562 State and local General government Government enterprises 41, 775 39 345 2,430 46,620 44 016 2,604 52, 460 49, 566 2,894 58,955 55 710 3,245 4,179 4,104 4,511 4,745 Government and government enterprises _ _ Rest of the world National income _ ___. Income originating in business, total Corporate business, including mutual financial institutions 1966 1967 1968 564,336 620,585 654,011 714,395 473,896 519,668 541,438 589 291 320 535 353, 737 367, 487 403 458 Compensation of employees Wages and salaries Supplements to wages and salaries _ 249 772 224 524 25, 248 275 531 246, 059 29, 472 291 717 260, 604 31,113 318 378 284 260 34 118 Corporate profits and inventory valuation adjustment _ _ _ __ ____Profits before tax Inventory valuation adjustment 72, 800 74 517 —1 717 79, 188 80 972 —1, 784 75, 606 76, 730 — 1, 124 83, 917 87 159 —3 242 —2 037 —982 164 1 163 Sole proprietors and partnerships _ _ _ 108, 360 117, 518 122, 202 130, 557 Compensation of employees . __ Wages and salaries Supplements to wages and salaries 48, 373 45 564 2 809 52 941 49 554 3 387 56, 582 53, 004 3,578 62, 510 58, 560 3,950 Proprietors ' income Income of unincorporated enterprises Inventory valuation adjustment _ 56, 858 57 238 —380 60, 899 61 288 —389 61, 448 61, 737 -289 63, 344 64,067 -723 Net interest Net interest 11, 361 15, 432 4,170 2,872 401 801 1965 Other private business Compensation of employees Wages and salaries Supplements to wages and salaries __ 3 129 3 678 4, 172 4,703 37 563 40 337 42, 971 45, 469 1,964 1 852 2,105 1 974 2,242 2 105 2,461 2,309 137 152 112 131 395 400 405 410 Rental income of persons 18 952 19 955 20 828 21, 225 Net interest 16 252 17 877 19 496 21, 373 7,438 8,076 8,778 9,807 7,438 6,875 8,076 7,450 8,778 8,080 9,807 9,022 Proprietors' income Government enterprises Compensation of employees Wages and salaries _ __ _ Supplements to wages and salaries _ _ 563 626 698 785 Income originating in general government 67,795 76,607 85,346 95,171 Compensation of employees Wages and salaries _ _ _ _ _ Supplements to wages and salaries 67, 795 62, 353 5,442 76, 607 70, 210 6,397 85, 346 78, 099 7,247 95, 171 86, 910 8,261 Income originating in households and institutions. Compensation of employees Wages a n d salaries __ __ Supplements to wages and salaries ___ Income originating in the rest of the world Compensation of employees Corporate profits Net interest . 18,466 20,206 22,716 25,188 18, 466 17, 681 20, 206 19, 214 992 22, 716 21, 551 1,165 25, 188 23, 870 1,318 4,179 4,104 4,511 4,745 38 40 785 36 3,270 _ _ 873 3,252 814 3,607 864 42 3,978 725 SUKVEY OF CURRENT BUSINESS 22 Table 1.14.—Gross Corporate Product 1965 1965 1 1966 1967 1968 I II July 1969 1 1966 III IV I II 1967 III IV I II 1968 III IV I II III IV Seasonally adjusted at annual rates Billions of dollars 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Gross corporate product Capital consumption allowances _ Indirect business taxes plus transfer payments less subsidies Income originating in corporate business Compensation of employees Wages and salaries Supplements Net interest Cash flow gross of dividends (2+12) Cash flow net of dividends (2+14) 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 27 28 29 30 31 32 33 34 35 36.4 39.5 42.6 45.9 35.1 36.0 36.9 37.7 38.6 39.3 39.8 40.4 41.5 42.2 43.0 43.8 44.8 45.8 46.2 46.7 37.4 38.4 40.8 44.8 37.5 37.4 37.2 37.6 37.3 38.2 38.8 39.1 39.6 40.4 41.2 42.1 42.5 44.4 45.8 46.6 353.7 367.5 403.5 309.8 315.6 275.5 291.7 318.4 242.3 246.8 246.1 260.6 284.3 217.9 221.8 29.5 31.1 34.1 24.4 25.0 .2 1.2 -2.3 -2.1 -1.0 323.0 251.7 226.2 25.5 -2.0 333.8 258.3 232.2 26.1 -1.8 343.3 266.4 237.7 28.6 -1.4 350.8 357.3 363.6 361.1 273.3 278.8 283.7 286.3 244.0 249.1 253.4 255.6 29.3 29.7 30.3 30.7 -1.2 -.8 -.5 -.3 363.2 288.1 257.3 30.8 -.1 320.5 249.8 224.5 25.2 -2.0 Corporate profits and inventory valuation adjustment -- -- 72.8 79.2 75.6 Profits before tax 74.5 81.0 76.7 31.3 34.3 33.0 Profits tax liability 43.2 46.7 43.7 Profits after tax _ 18.3 19.4 20.0 Dividends Undistributed profits. - __ __ 24.9 27.3 23.8 Inventory valuation adjustment -1.7 -1.8 -1.1 18 22 23 24 25 26 394.3 431.6 450.9 494.2 382.4 388.9 397.0 409.1 419.3 428.2 435.9 443.0 442.1 445.7 453.3 462.5 474.5 489.9 501.6 510.7 83.9 69.7 70.9 73.3 77.3 78.4 78.7 79.3 87.2 71.1 73.0 74.4 79.7 80.8 80.9 82.3 41.3 30.0 30.8 31.2 33.3 34.1 34.2 34.9 45.8 41.1 42.2 43.1 46.4 46.7 46.7 47.4 21.5 17.1 17.8 18.7 19.6 19.8 19.5 19.3 24.3 23.9 24.4 24.4 26.8 26.9 27.2 28.1 -3.2 -1.4 -2.1 -1.1 -2.3 -2.4 -2.2 -3.0 369.1 376.6 387.1 399.7 409.6 417.4 293.5 299.0 307.3 314.5 321.9 329.8 262.2 267.3 274.1 280.8 287.4 294.7 31.3 31.7 33.1 33.8 34.5 35.1 1.4 1.1 1.3 .4 .9 .6 80.4 79.9 33.9 45.9 18.8 27.2 .5 75.1 75.1 32.3 42.8 19.8 23.1 —. 1 75.2 75.9 32.6 43.3 20.3 23.0 -.7 75.2 76.9 79.0 84.1 75.6 80.3 84.3 86.6 32.5 34.5 39.9 41.1 43.1 45.7 44.4 45.6 20.4 19.4 20.8 21.2 22.7 26.3 23.7 24.3 -.4 -3.3 -5.3 -2.6 86.4 86.2 87.3 90.4 41.4 42.9 45.9 47.5 21.9 22.2 24.0 25.3 -.9 -4.2 79.6 61.3 86.2 66.8 86.4 66.4 91.7 70.2 76.2 59.1 78.1 60.3 80.0 61.3 84.1 64.5 85.3 65.4 86.0 66.5 87.3 67.9 86.3 67.5 84.3 64.5 85.5 65.1 86.1 65.7 89.6 70.2 89.2 68.5 91.4 70.1 92.1 70.2 94.2 72.1 16.8 18.6 20.4 22.8 15.8 16.3 17.0 17.9 18.1 18.5 18.7 19.0 19.5 20.0 20.7 21.3 21.4 22.3 23.6 23.9 377.6 413.0 430.6 471.4 366.5 372.7 380.0 391.1 401.2 409.8 417.2 424.0 422.6 425.7 432.6 441.3 453.0 467.7 478.0 486.8 35.4 38.4 41.4 44.6 34.2 35.0 35.9 36.6 37.5 38.2 38.7 39.3 40.3 41.0 41.8 42.6 43.5 44.5 44.9 45.4 35.7 36.8 39.1 43.0 35.9 35.8 35.4 35.8 35.7 36.6 37.3 37.5 37.9 38.6 39.4 40.3 40.8 42.5 43.9 44.7 Income originating in nonfinancial corporations . 306.5 337.8 350.1 383.8 296.4 301.9 308.7 318.7 327.9 335.0 341.2 347.2 344.4 346.1 351.4 358.4 368.7 380.6 389.2 396.7 Compensation of employees 236.3 261.0 275.8 300.6 229.3 233.4 238.1 244.4 252.2 258.9 264.2 268.8 271.1 272.4 277.3 282.3 290.4 297.0 303.7 311.0 Wages and salaries 212.7 233.3 246.6 268.6 206.4 210.1 214.2 220.0 225.3 231.3 236.3 240.3 242.3 243.5 248.0 252.6 259.4 265.4 271.5 278.2 Supplements 23.6 27.7 29.2 31.9 22.9 23.4 23.9 24.4 26.9 27.5 27.9 28.5 28.8 28.8 29.3 29. 31.0 31.6 32.2 32.8 Net interest __ __ 6.0 7.3 9.1 10.9 5.6 5.9 6.1 6.5 9. 7.6 8.1 8.5 8.8 9.4 10.3 10.7 11.1 11.4 6.7 7.0 Corporate profits and inventory valuation adjustment Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits Inventory valuation adjustment Cash flow, gross of dividends (20+30) Cash flow, net of dividends (20+32) 64.1 69.4 65.2 65.8 71.2 66.3 27.6 30.1 28.2 38.2 41.2 38.1 16.9 18.2 19.1 21.3 23.0 19.0 -1.7 -1.8 -1.1 73.6 56.7 79.6 61.4 79.5 60.4 72.4 61.6 62.6 64.5 67.8 69.0 69.1 69.4 75.6 63.0 64.6 65.6 70.1 71.4 71.2 72.5 35.6 26.6 27.2 27.5 29.2 30.1 30.1 30.6 40.0 36.4 37.4 38.1 40.9 41.3 41.2 41.9 20.4 15.7 16.3 17.3 18.2 18.5 18.3 18.2 19.6 20.8 21.0 20.8 22.6 22.8 22.9 23.6 -3.2 -1.4 -2.1 -1.1 -2.3 -2.4 -2.2 -3.0 84.6 64.2 70.6 55.0 72.4 56.0 73.9 56.7 77.5 59.3 78.8 60.3 79.4 61.1 80.6 62.3 70.3 69.8 29.5 40.3 17.8 22.5P 64.8 64.9 27.6 37.3 18.8 18.5 — .1 64.9 65.7 27.9 37.7 19.4 18.2 64.7 66. 65.1 69. 27.7 29. 37.4 39. 19.5 18. 17.8 21. -.4 -3. 79.6 61.7 77.6 58.9 78.7 59.3 79.1 59.6 82. 63.9 68.0 72.9 73.4 75.4 34.6 35.5 38.8 39.9 19.8 20.1 19.1 19.8 -5.3 -2.6 82 4 62.6 84.4 64.3 74.3 74.3 75.2 78.5 35.5 37.0 39.7 41.5 20.7 20.9 19.0 20.6 mt -4.2 84.7 63.9 86.9 66.0 Billions of 1958 dollars 36 Gross product originating in nonfinancial corporations 357.8 385.0 390.5 415.9 346.9 353.0 360.9 370.6 378.4 382.8 387.7 390.8 386.7 387.8 391.0 396.4 403.6 413.9 420.8 425.1 Dollars 37 38 39 40 41 42 43 44 Current dollar cost per unit of 1958 dollar gross product2 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 1.055 1.073 1.103 1.133 1.057 1.056 1.053 1.055 1.060 1.070 1.076 1.085 1.093 1.098 1.106 1.113 .099 .106 .107 .099 .099 .099 .099 .099 .100 .100 .100 .104 .106 .107 .107 .108 .108 .107 .107 .104 .722 .026 .105 .732 .027 .100 .660 .017 .096 .678 .019 .100 .706 .023 .103 .723 .026 .103 .661 .016 .101 .661 .017 .098 .660 .017 .097 .659 .018 .094 .667 .018 .096 .676 .018 .096 .681 .020 .096 .688 .021 .098 .701 .022 .100 .702 .023 .101 .709 .024 .102 .712 .025 .101 .719 .025 .103 .718 .026 .179 .077 .180 .078 .167 .072 .174 .086 .178 .077 .177 .077 .179 .076 .183 .079 .182 .080 .180 .079 .179 .079 .180 .076 .168 .071 .167 .072 .165 .071 .167 .075 .169 .086 .176 .086 .177 .084 .175 .087 .102 .102 .095 .088 .101 .100 .102 .104 .103 .102 .100 .104 .096 .095 .095 .092 .083 .090 .092 .088 1. Excludes gross product originating in the rest of the world. .100 1.122 1.130 1.136 1.145 2. This is equal to the deflator for gross product of nonfinancial corporations, with the decimal point shifted two places to the left. SUEVEY OF CURRENT BUSINESS July 1969 23 Table 1.15—Gross Auto Product [Billions of dollars] 19 65 1965 1967 1966 I 1968 19 66 III II IV I 1967 III II IV I II 1968 III IV I II III IV Seasonally adjust*3d at a nnual rates Gross auto product 1 - _ _ Personal consumption expenditures Producers' durable equipment Change in dealers' auto inventories Net exports Exports Imports Addenda : New cars domestic 2 New cars foreign 31.8 30.0 28.6 35.9 33.1 31.4 31.1 31.5 32.7 29.3 27.6 30.3 26.1 28.8 28.7 30.9 34.0 36.3 36.0 37.5 25.8 25.3 24.9 30.2 26.4 25.3 25.8 24.0 25.1 25.4 25.9 25.4 25.2 28.4 4.5 .3 5.3 1.0 4.6 1.6 4.5 1.3 4.5 .4 4.5 1.6 5.0 .7 29.2 5. 1 31.7 31.4 4.5 1.0 4.5 .6 26.8 23.1 4.4 —.5 25.6 5.6 —.6 5.5 1.5 .3 1.0 7 -.3 .9 -.5 1.2 -.8 2.0 17 2 8 .3 .8 .5 .2 .9 7 .4 1.1 7 .3 1.1 .8 -.1 1.0 12 29.2 27.5 25.5 32.4 30.6 29.0 28.6 28.6 30.2 4.3 1.1 1.6 1.8 1.3 2.0 2.9 1.2 1.4 4.7 1.1 1i 4.2 4.4 1.1 -1.6 -.2 .9 1i 26.9 4.1 4.6 4.5 4.5 .7 -1.0 —1.5 —1.1 2.4 —.5 .9 -.4 1.0 -.3 1.2 —.5 1.1 -.4 1.3 —.7 1.4 -.3 1.9 — . 7 -1.0 2.0 2.0 -1.2 14 14 15 16 17 2 0 2 2 2 7 3 0 32 25.3 27.6 23.4 25.7 27.6 30.3 33.9 3.0 3.5 4.0 32.9 32.6 2.9 25.5 2.5 4.3 4.7 2.0 1.8 2.4 4.2 2.0 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 during 1965-67 and $0.3 billion in 1968. Table 1.16.—Gross Auto Product in Constant Dollars [Billions of 1958 dollars] 1965 1965 1966 1967 1968 I II 1966 III IV I II 1967 III 1968 IV I II III 28.5 30.4 33.4 35.6 35.2 36.2 23.5 26.3 25.3 4 2 4.7 4.5 4.6 .7 -1.0 -1.5 —1.1 24.8 27.8 28.6 30.9 30.2 IV I II III IV Seasonally adjust ed at annual rates Gross auto product 1 - ._ Personal consumption expenditures. . _ _ Producers' durable equipment... _ _ _ r _ _ Change in dealers' auto inventories Net exports.. Exports Imports 31.8 30.6 28.7 35.1 32.7 31.2 31.4 31.7 33.5 29.9 28.2 30.6 25.7 25.8 25.0 29.4 26.0 25.1 25.8 25.9 27.4 24.4 4.5 1.3 4.6 .4 4.6 .7 4.9 1.1 25.6 25.6 .4 -.1 -.2 10 1i 10 1i _ _ __ 4.6 1.0 _ __ .3 1.0 Addenda : New cars, domestic 2 New cars, foreign 29.4 1.4 4.6 .3 4.5 -.5 5.2 1.0 -.3 1.0 1.3 -.5 1.3 1.7 -.8 2.0 2.8 .3 .8 .5 .2 9 .7 1i .7 .3 1.1 .8 28.2 26.0 32.1 30.4 4.3 1.1 29.0 29.0 29.4 3.0 1.4 1.6 2.1 4.7 1.6 1.2 4.4 4.6 1.1 -1.7 31 2 27 6 18 19 26.6 29.3 -.4 -.3 14 10 15 12 16 1i 16 26 0 2 1 28 1 2 5 24 2 2 6 26 5 29 —.5 9 —.5 5.5 -.6 5.4 1.5 —.7 -1.0 2 0 30 -1.2 19 3 2 32 4 33.3 4.4 1.6 5.0 .7 —.4 —.7 -.3 14 17 14 2 0 19 2 2 2 0 28 25 8 30 27 5 3 5 30 2 4 0 32 7 4 2 5.1 2.4 4.3 4.3 1. The gross auto product total includes government purchases, which amounted to $0.2 billion annually during 1965-67 and $0.3 billion in 1968. 2. Differs from the gross auto product total by the markup en 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] 1965 1966 1967 43,457 46,382 46,418 47,559 Cash receipts from farm marketings and CCC loans 39, 371 Farm products consumed directly in farm households ._ 813 Change in farm inventories _ . 973 Gross rental value of farm homes 2 300 43,371 817 —158 2 352 42, 615 732 615 2 456 44,406 705 —131 2 579 19, 622 21, 296 21, 833 22, 444 17, 598 19 164 19 732 20 310 2,024 2,132 2,101 2,134 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 product Less: Capital consumption allowances Indirect business taxes 1968 —169 —184 —196 —210 23,666 24 902 24,389 24,905 4,658 1, 589 4,953 1 720 5,375 1 861 5,802 1 978 Plus: Government payments to farm landlords 2,211 2,954 2,782 3,117 Equals: National income originating in farming 19,630 21,183 19,935 20,242 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 -- - - - 1968 1965 1966 1967 43.3 42.9 44.9 45.1 39.7 40.5 41.8 42.8 .8 .9 1.9 .7 -.2 1.9 20.3 18.3 .7 .6 1.8 21.0 19.0 .6 -. 1 1.8 21.6 19.5 Less' Value of intermediate products consumed total Intermediate products consumed, other than rents Gross rents paid to nonfarm landlords (excluding operating expenses) - -- 19.4 17.5 2.0 2.0 2.0 2.0 Plus* Other items -.2 -.2 -.2 -.2 23.7 22.4 23.7 23.3 Equals' Gross farm product -- SUEVEY OF CUEEENT BUSINESS 24 July 1969 Table 1.19.—Gross National Product: Not Seasonally Adjusted [Billions of dollars] I Gross national product Personal consumption expenditures _ _ _ Durable goods. _ _ _ Nondurable goods Services _ _ __ Gross private domestic investment Fixed investment N onresidential Structures _ __ Producers' durable equipment Residential structures .Nonfarm Farm... .. __ _ _ _ Change in business inventories _ __ Nonfarm Farm Government purchases of goods and services Federal National defense Other State and local. _ ._ _ _ __. IV III I II III IV I II III IV 168.9 188.7 176.2 187.4 186.3 199.8 186.0 196.7 198.3 212.5 200.4 216.8 215.8 232.8 106.2 121.4 110.6 115.7 115.7 124.3 114.8 122.1 123.0 132.3 124.5 132.4 134.2 145.5 14.6 41 8 42.9 16.4 46 3 43.4 15.3 46.7 44.2 20.1 56 4 45.0 16.1 47.9 46.6 17.5 51.5 46.7 16.7 51.6 47.5 20.4 55.9 47.9 15.5 49.5 49.8 18.7 53.0 50.4 17.4 53.9 51.7 21.4 58.6 52.3 17.8 52.5 54.2 20.8 56.8 54.9 20.1 57.7 56.5 24.7 63.6 57.2 26.1 27.1 26.9 28.0 28.6 31.5 29.5 31.8 28.0 28.1 29.2 30.8 28.9 32.7 31.1 33.6 21 2 15.5 24 9 18.1 25 7 18.1 26 7 19.6 23 7 18.2 27 5 20.8 27.9 20.7 27.5 21.8 23.6 19.3 27.4 21.5 28.4 20.8 29.3 22.1 26.4 20.6 30.0 22.3 30.6 21.9 32.0 23.9 10.5 11 8 11.2 12 3 12 2 14.3 13.1 13.3 14.6 15.2 14.1 15.8 6 7 7 5 6 9 54 10 4 9 —.1 7.6 7.4 .1 .8 .6 .2 7.2 7.1 .1 L5 1.1 .4 14.3 5.5 4.3 4.2 .1 4.4 4.4 .0 14.7 7.1 13.7 13.0 7.6 6.3 6.9 7.4 6.0 7.1 7.8 7.6 6.1 6.9 7.5 7.5 6.3 7.1 8.1 .1 —.1 2.1 1.7 1.5 .2 1.8 1.5 1.6 .5 1.6 .8 1.1 -.2 .9 8.2 9 5 10 3 86 11 0 9 4 10 4 10.2 11 7 11.3 8.6 10 7 86 9.9 9.7 11.8 10.2 11.0 10.5 12.1 10.6 11.8 11.0 13.0 11.9 12.6 12.8 13.2 12.3 33.8 34.9 37.2 35.3 38.7 40.9 41.9 41.7 44.9 45.6 47.8 46.2 50.7 50.7 52.8 15.4 11 7 16.3 12.7 16.2 12.0 19.0 13 8 17.6 13.5 18.9 15.2 20.1 15.6 21.2 16.4 21.5 17.4 22.5 18.3 22.1 17.7 24.6 19.0 23.3 18.7 25.3 20.5 24.2 18.7 26.7 20.2 6.5 15.7 17.5 18.7 18.3 17.7 19.8 20.8 20.7 20.2 22.4 23.5 23.2 5.5 22.9 25.4 26.5 26.1 6.8 .1 2.2 .2 .1 1.2 .9 .3 1.7 2.2 .9 86 10 4 6.9 31.1 20 3.6 .1 1.3 .3 5.2 4.3 .1 4.9 4.1 6.7 6 5 .1 4.0 4 0 3.7 4.5 5.7 5.5 .1 4.3 4 4 5.9 5.7 .1 .7 .7 .0 4.2 4.7 4.2 4.5 5.7 5.6 .1 2.5 2.5 .1 7.8 7.2 7.1 .1 1.6 1.7 -.1 3.7 _ II 169.1 .1 4.9 4.8 .1 ._ I 106.0 56 Exports Imports IV 99.3 5.8 Net exports of goods and services III 19158 158.2 4.9 r II 1967 1966 1965 5.6 7.7 7.6 .1 2.7 2.7 -.1 8.6 8.5 .1 .5 .fi — .I 4.8 4.6 8.1 7.9 .1 1.6 1.7 -.1 Table 1.21.—Gross Product in Constant Dollars by Industry Indexes of gross product in 1958 dollars Implicit price deflators (1958=100) (Index numbers, 1958=100) (Billions of 1958 doUars) 1965 All industries, total (GNP) 617.8 Agriculture, forestry and fisheries Farms 25.0 23.7 Mining 1966 658.1 23.7 22.4 1967 674.6 25.0 23.7 1968 707.6 1965 138.1 1966 147.1 1967 1968 1965 1966 1967 1968 150.8 158.2 110.9 113.9 117.6 122.3 101.4 99.7 113.4 111.3 105.7 102.9 110.4 107.3 24.6 23.3 113.7 113.9 107.6 107.4 113.5 113.7 111.9 111.9 14.8 15.8 16.0 16.3 120.0 125.7 129.2 132.0 99.1 89.8 85.3 87.3 23.5 24.7 23.1 23.8 113.6 119.2 111.6 115.1 134.5 140.8 156.4 165.7 190.5 75.7 114.8 205.7 80.7 125.1 205.6 81.3 124.4 220.6 87.2 133.3 154.1 140.1 164.9 166.4 149.3 179.6 166.3 150.4 178.6 178.3 161.4 191.5 104.2 106.1 102.9 106.0 108.5 104.3 109.0 111.5 107.3 111.7 113.2 110.8 Transportation __ Railroads Motor freight and warehousing 28.6 11.0 9.7 31.2 11.7 10.5 31.5 11.2 10.1 32.5 11.3 10.8 136.6 130.0 151.5 148.7 138.8 163.0 150.4 132.5 158.1 156.6 133.5 168.0 101.3 81.7 106.6 100.4 80.7 106.6 101.6 80.7 112.5 105.4 82.2 117.4 Communication. _ Telephone and telegraph 14.5 13.4 15.8 14.7 17.1 16.0 18.5 17.3 163.5 167.9 179.0 184.5 193.4 200.4 209.1 216.2 102.9 100.6 102.2 99.1 102.4 99.7 102.6 99.6 Electric, gas, and sanitary services 16.1 17.0 17.9 19.4 150.8 158.6 167.0 181.0 102.3 102.7 102.8 103.0 114.3 106.4 120.1 118.6 108.6 126.2 Contract construction . Manufacturing Nondurable goods industries . Durable goods industries _ . 104.8 43.7 61.2 111.6 46.7 64.8 113.9 48.7 65.2 119.9 52.0 67.9 139.6 148.5 133.8 148.5 158.9 141.8 151.7 165.6 142.7 159.6 176.8 148.6 107.0 102.3 110.4 109.5 105.1 112.6 Finance, insurance, and real estate Finance and insurance.. _ _ 83.1 17.6 86.8 18.1 91.3 19.4 95.8 21.0 140.4 123.6 146.6 127.2 154.3 136.0 161.9 147.1 112.5 121.5 116.4 132.9 118.7 136.4 122.2 141.7 Services Households and institutions 57.7 14.9 60.6 14.6 63.6 15.4 65.9 15.9 134.5 122.6 141.2 127.9 148.2 134.9 153.6 138.8 124.5 131.7 130.7 138.1 137.0 147.2 144.6 158. 6 Government and government enterprises General government - _ 58.0 50.8 61.8 54.6 65.5 57.6 68.6 59.7 122.7 120.6 130.7 129.6 138.6 136.8 145.2 141.8 132.4 133.5 139.1 140.3 146.8 148.1 157.4 159.4 139.9 141.6 148.9 151.7 152.3 154.6 159.9 162.9 108.8 108.7 111.6 110.9 114.8 114.5 118.9 118.5 Wholesale and retail trade Wholesale trade Retail trade _ Rest of the world 4.1 4.5 3.9 4.3 Residual 1 -3.1 -.3 -.3 -3.2 Addenda: Private sector. Private nonfarm business 567.0 525.2 603.5 562.5 617.0 573.5 647.9 604.2 1. Represents the difference between GNP measured as sum of final products and GNP measured as the sum of gross product originating by industries. SUEVEY OF CURRENT BUSINESS July 1069 25 Table 1.22.—Gross Product in Current Dollars by Industry, Total and by Components [Billions of dollars] All industries, total (GNP) _ Employee compensation ... _ . Net interest _ Capital consumption allowances . Indirect business taxes . . _ .... Profit-type income Statistical discrepancy. . . Agriculture, forestry, and fisheries Employee compensation Net interest % Capital consu ption allowances Indirect business taxes Profit-type income .. Farms. .. ... Employee compensation _ .. . Net interest Capital consumption allowances-Indirect business taxes _ - _ _ _ _ _ Profit-type income . . _.. Mining.. Employee compensation. Net interest Capital consumption allowances-Indirect business taxes _ Profit-type income ._ ... . Contract construction.. ._ . _. Employee compensation . Net interest . Capital consumption allowances Indirect business taxes _ Profit-type income. .. ... Manufacturing . .. ... _ . _ _ Employee compensation Net interest _ .. . Capital consumption allowances Indirect business taxes Profit-type income _ . _._. -.-... .. _. . Nondurable goods Employee compensation Net interest . --.-. . _ Capital consumption allowances Indirect business taxes Profit-type income _. Durable goods --- --- Employee compensation Net interest . ._ Capital consumption allowances Indirect business taxes ._ _ _ . Profit-type income Transportation _ _ _ _. . __ _ _. Employee compensation _ _ . Net interest Capital compensation allowances _ Indirect business taxes . Profit-type income ... Railroads .. . ... _ Employee compensation Net interest Capital consumption allowances Indirect business taxes Profit-type income Motor freight & warehousing Employee compensation Net interest Capital consumption allowances Indirect business taxes _ Profit-type income. . . _ . . . Electric, gas and sanitary services Employee compensation . .._._. Net interest Capital consumption allowances Indirect business taxes Profit-type income 865.7 393.8 18.2 59.8 65.2 151.0 -3.1 435.5 21.4 63.9 68.6 161.4 -1.0 467.4 24.7 68.6 73.3 160.5 -1.0 513.6 28.0 73.3 81.3 172.1 -2.5 25.4 26.9 26.4 27.2 3.6 1.8 4.9 1.7 13.4 3.7 2.1 5.2 1.9 14.0 3.7 2.4 5.7 2.1 12.6 4.0 2.6 6.1 2.3 12.2 23.7 24.9 24.4 25.0 2.8 1.8 4.7 1.6 12.8 2.9 2.0 5.0 1.7 13:3 2.9 2.3 5.4 1.9 12.0 3.1 2.5 5.8 2.1 11.6 13.5 14.0 13.6 14.2 4.8 (') 3.0 1.1 4.6 5.0 (*) 3.2 1.1 4.6 5.2 (*) 3.2 1.2 4.0 5.4 (*) 3.3 1.2 4.2 31.6 34.7 36.1 39.5 23.1 .2 1.7 .8 5.8 25.6 .2 1.9 .9 6.1 26.6 .3 2.0 1.0 6.3 29.6 .2 2.1 1.0 6.5 198.5 218.0 224.0 246.4 130.4 .9 14.7 15.6 36.9 145.3 1.5 15.9 15.3 40.1 152.2 2.5 17.2 15.5 36.7 165.6 3.2 18.6 17.0 42.0 80.4 87.6 90.6 98.7 48.8 .4 6.6 10.9 13.7 53.0 .7 7.1 11.1 15.7 55.9 1.0 7.3 11.2 15.1 60.8 1.4 7.9 11.9 16.7 118.1 130.4 133.5 147.7 81.6 .5 8.1 4.7 23.2 92.3 .8 8.8 4.1 24.4 96.3 1.5 9.9 4.3 21.5 104.8 1.8 10.7 5.1 25.3 29.0 31.3 32.0 34.6 19.0 .7 3.9 2.2 3.1 20.6 .8 4.3 2.4 3.3 21.8 .9 4.6 2.6 2.2 23.6 1.0 5.0 2.7 2.3 8.9 9.4 9.0 9.3 10.3 11.1 11.4 12.6 _ . _ 6.7 .1 1.2 .8 1.4 7.4 .2 1.3 .9 1.4 7.7 .2 1.3 .9 1.3 8.6 .2 1.3 1.0 1.5 14.9 16.2 17.5 19.0 6.5 .5 2.0 2.0 3.9 7.2 .5 2.2 1.8 4.4 7.7 .7 2.5 2.3 4.4 8.3 .8 2.7 2.5 4.7 13.5 14.6 16.0 17.2 5.6 .4 1.9 1.9 3.6 6.2 .5 2.1 1.8 4.0 6.6 .6 2.3 2.3 4.2 7.1 .7 2.5 2.4 4.4 16.5 17.4 18.4 20.0 5.2 1.4 3.2 1.9 4.8 5.6 1.6 3.4 1.9 5.0 5.9 1.8 3.7 2.0 4.9 6.4 2.1 4.0 2.2 5.2 .. . 793.5 . -. - Telephone, telegraph and related services _ 749.9 6.6 .4 1.4 .8 .1 - _ - _ 684.9 1968 6.4 .4 1.4 .7 .1 . . . . Employee compensation Net interest Capital consumption allowances Indirect business taxes Profit-type income .. _ . _ 1967 6.3 .4 1.4 .7 .6 . Communication 1966 6.2 .3 1.3 .7 .5 . . Employee compensation _ Net interest Capital consumption allowances Indirect business taxes .. _ . . Profit-type income 1965 Wholesale and retail trade ._ Employee compensation .. _ - . _ _ . _ Net interest Capital consumption allowances _ _ _ _ _ _ _ _ _ Indirect business taxes Profit-type income __ Wholesale trade Employee compensation Net interest Capital consumption allowances. Indirect business taxes. . . Profit-type income . _ _ ___ - __ . ._. . Retail trade -- Employee compensation Net interest Capital consumption allowances Indirect business taxes __ _ . _ . Profit-type income _ ___ Finance, insurance and real estate.. _. .. Employee compensation. Net interest . .. Capital consumption allowances Indirect business taxes Profit-type income - _ _ _ _ . . 49.1 51.8 56 5 23.9 .3 1.9 11.0 7.5 26.2 .4 2.1 12.2 8.2 28.1 .5 2.3 12.9 8.1 30.5 6 2 4 14.5 8 4 67.5 73.0 78.4 85.7 39.4 .4 3.9 9.7 14 2 42.8 .5 4.1 10.9 14.7 45.9 .7 4.4 11.7 15.8 50.4 9 4 7 13.7 16 0 93.5 101.0 108.3 117.1 18.8 10.1 15.0 16.9 32.7 20.4 11.8 15.8 18.1 34.9 22.3 12.9 16.8 19.6 36.7 25.2 14.2 17.7 21.5 38.5 -- - 71.9 79.2 87.1 95.3 . ... 43.7 10 5.5 2.3 19 4 48.4 1.1 5.8 2.3 21.6 53.8 1.3 6.3 2.4 23.2 59.5 1.6 6.7 2.5 25.0 18.5 20.2 22.7 25.2 18 5 20.2 22.7 25.2 _ ._. ... _. __ ___ - General government Rest o f t h e world 44.7 21.4 —10.0 1.6 25 14.3 . _. . . . .__ _ _ _ _ . Employee compensation Net interest -Capital consumption allowances Indirect business taxes Profit-type income 81 0 15 71 28 3 24 4 29.7 _ Government and Government enterprises Employee compensation Net interest - Capital consumption allowances Indirect business taxes Profit-type income _ 142.2 74.0 1.1 6.6 24.6 23.9 26.4 _ _ . _. .__. ... 130.2 69.1 9 6.2 23 0 22.9 19.0 -9.3 1.5 2.3 13.0 ... __. Employee compensation N e t interest _-.._ . Capital consumption allowances Indirect business taxes Profit-type income - _ . 122.1 63.3 .7 5.8 20.7 21.7 17 2 -8.6 1.3 20 12.1 - Household and institutions 112.2 1968 24.1 _ _ Employee compensation. _ Net interest Capital consumption allowances Indirect business taxes . _. . Profit-type income 1967 21.4 _ Services 1966 15.8 -8.4 1.2 2 0 10 9 Finance and insurance Employee compensation Net interest Capital consumption allowances Indirect business taxes Profit-type income 1965 - -- 76.8 86.0 96.2 108.0 75 2 84.7 94.1 105.0 1 1.4 .1 1.2 .1 2.0 .1 3.0 67 8 76.6 85.3 95.2 67 8 76.6 85.3 95.2 - ... _ _ _ Employee compensation Net interest Capital consumption allowances Indirect business taxes Profit-type income 4.2 4.5 4.7 9 33 3.3 3.6 4.0 617.1 673.3 708.2 770.5 326 0 18.2 59.8 65.2 151.0 —3 1 358.9 21.4 63.9 68.6 161.4 -1.0 382.1 24.7 68.6 73.3 160.5 -1.0 418.4 28.0 73.3 81.3 172.1 -2.5 -- 570.8 624.0 656.6 715.7 _ . .. 304 7 15.5 55.1 63.6 134.9 -3.1 335.8 18.5 59.0 66.9 144.8 — 1.0 356.4 21.5 63.2 71.4 144.9 -1.0 390.1 24.7 67.5 79.3 156.5 -2.5 _ 4.1 (*) .8 (*) _ (*) 9 (*) .7 Addenda: Private sector - ------ Employee compensation Net interest .. . Capital consumption allowances Indirect business taxes Profit-type income Statistical discrepancy - - Nonfarm business Employee compensation Net interest Capital consumption allowances Indirect business taxes Profit-type income Statistical discrepancy _ . .. - - - -- - NOTE.—Employee compensation includes wages, salaries, and supplements. Net interest is the net interest component of national income. Capital consumption allowances consist of depreciation and accidental damage to fixed business property. Indirect business taxes include indirect business tax and nontax liability and business transfer payments. Profit-type income consists of corporate profits after inventory valuation adjustment, proprietors' income, rental income of persons, and surplus of government enterprises less subsidies. Capital consumption allowances and profits by industry may differ from figures published in other tables because these two items have been reallocated by industry from a company to an establishment basis. *Less than $50 million. SURVEY OF CURRENT BUSINESS 26 July 1969 2.—Personal Income and Outlay Table 2.1.—Personal Income and Its Disposition 1965 1966 1966 1965 1968 1967 I II IV III I II 1968 1967 III IV I II III IV I II III Billions of dollars, seasonally adjusted at annual rates Millions of dollars 538,893 587,216 629,424 687,915 520.4 530.8 546.1 558.4 570.3 580.7 592.9 605.0 615.2 622.2 634.5 645.9 664.3 680.1 696.1 Personal income Wage and salary disbursements _ _ _ _ 358,885 394,499 423,483 Commodity-producing industries 144, 469 159,330 166, 540 Manufacturing _ 115, 561 128, 069 134, 165 Distributive industries _ _ _ _ _ _ _ _ _ 86, 858 93, 816 100, 256 Service industries 58, 294 63, 655 70, 468 Government _ _ _ 69, 264 77, 698 86, 219 Other labor income Proprietors' income Business and professional Farm. __ _ _ Rental income of persons Dividends _ _ Personal interest income _ _ __ _ _ _ Transfer payments _ Old-age, survivors, disability, and health insurance benefits State unemployment insurance benefits Veterans benefits _ _ _ _ _ _ _ Other Less: Personal contributions for social insurance Less: Personal tax and nontax payments Equals: Disposable personal income _ _ 464,973 347.4 354.0 361.7 372.4 380.4 390.3 400.0 407.4 413.2 417.7 181, 458 140.4 142.5 145.3 149.6 153.8 158.2 161.3 164.1 164.5 163.9 145, 883 112.3 113.9 116.4 119.6 123.1 127.0 129.9 132.2 132.3 132.3 109, 230 84.4 86.1 87.5 89.5 91.1 92.9 94.9 96.4 97.9 99.4 78, 311 55.8 57.5 59.1 60.7 61.3 62.9 64.7 65.7 67.8 69.7 95, 974 66.8 67.9 69.8 72.5 74.3 76.3 79.1 81.2 83.0 84.7 Equals : Personal saving Addenda: Disposable personal income: Total, billions of 1958 dollars Per capita, current dollars Per capita, 1958 dollars _ _ .. _ _ __ Personal saving as a percentage of disposable personal income __ 436.5 170.6 137.4 102.7 72.9 90.3 448.2 175.7 141.2 105.1 75.1 92.3 459.0 179.3 144.2 107.9 77.3 94.5 470.7 183.0 147.4 110.8 78.9 97.9 482.1 187.8 150.7 113.1 82.0 99.2 18,742 20,711 22,121 24,175 17.9 18.5 19.0 19.5 20.0 20.5 20.9 21.4 21.8 21.9 22.3 22.6 23.4 23.9 24.5 25.0 61,299 45, 214 16, 085 61,853 47, 194 14, 659 63,754 49, 157 14, 597 54.8 41.1 13.8 56.9 41.8 15.1 58.0 42.8 15.2 59.3 44.0 15.2 62.1 44.7 17.4 61.2 45.0 16.2 61.1 45.4 15.7 60.8 45.8 15.0 60.8 46.5 14.3 61.7 47.1 14.7 62.6 47.8 14.8 62.3 47.5 14.9 63.2 48.4 14.8 63.6 49.2 14.3 64.1 49.3 14.8 64.1 49.7 14.4 18,952 19,808 38,735 19,955 20,797 43,635 20,828 21,475 48,269 21,225 23,130 54,090 18.6 18.7 37.2 18.9 19.4 38.4 19.1 20.2 39.4 19.3 21.0 40.0 19.6 21.2 41.3 19.8 21.0 43.0 20.1 20.3 20.7 20.2 44.2 •46.0 20.6 21.1 46.8 20.8 21.7 47.3 20.9 22.0 48.7 21.0 21.1 50.2 21.1 22.2 51.7 21.2 22.9 53.2 21.2 23.6 54.8 21.4 23.8 56.7 39,922 44,061 51,957 59,181 38.7 38.0 42.2 40.8 42.5 42.1 44.1 47.5 50.7 51.6 52.2 53.3 56.3 58.7 60.1 61.6 18, 067 2,198 5,622 14, 035 20, 803 1,797 5,737 15, 724 25, 662 2,116 6,581 17, 598 30, 279 2,060 7,166 19, 676 16.7 2.4 5.4 14.2 16.6 2.2 5.6 13.6 20.4 2.2 5.7 13.9 18.6 2.0 5.7 14.4 19.4 2.0 5.9 15.3 19.6 1.6 5.4 15.5 21.0 1.8 5.4 15.9 23.2 1.8 6.3 16.3 24.5 2.1 6.5 17.7 25.8 2.1 6.5 17.1 26.0 2.2 6.5 17.5 26.4 2.0 6.8 18.1 28.2 2.2 7.1 18.9 30.3 1.9 7.2 19.4 30.9 2.1 7.1 20.0 31.8 2.0 7.3 20.5 13,404 17,741 20,562 22,613 13.1 13.2 13.5 13.8 16.9 17.2 18.3 18.6 19.8 20.4 20.8 21.2 21.8 22.4 22.9 65,653 75,364 82,900 97,896 64.5 66.1 65.3 66.7 70.4 74.7 76.9 79.4 80.8 80.6 84.1 86.1 89.3 92.7 102.6 23.3 107.0 550.3 559.8 575.0 587.4 593.4 604.3 535.1 545.1 560.2 566.2 432, 839 466, 334 492, 265 536, 647 419.8 427.9 436.3 447.4 457.8 461.9 471.2 474.5 480.9 489.8 495.7 502.6 520.6 530.3 544.9 11,311 12, 435 13, 149 14, 244 10.8 11.2 11.5 11.7 12.0 12.3 12.6 12.8 12.9 13.0 13.2 13.4 13.7 14.0 14.4 7 7 .7 6 .6 .8 .7 .7 .7 .6 .6 .6 .6 .6 1.1 658 556 755 753 550.7 14.7 .7 499.9 506.0 515.9 525.6 534.4 541.6 439.7 448.5 459.8 470.3 474.8 484.3 487.8 494.5 503.9 509.7 516.6 444,808 479,325 506,169 551,644 431.2 Personal consumption expenditures Interest paid by consumers _ _ _ Personal transfer payments to foreigners 711.2 426.5 167.2 134.6 101.0 71.4 86.9 57,253 42, 416 14, 837 473,240 511,852 546,524 590,019 455.9 464.7 480.8 491.6 _ __ Less : Personal outlays IV 31.2 37.7 37.7 40.0 40.7 43.1 39.9 42.3 33.2 38.0 28,432 32,527 40,355 435.0 458.9 477.7 497.6 421.3 476.0 479.4 483.7 492.1 497.4 498.9 502.1 2,432 2,235 2,599 2,331 2,745 2,399 2,933 2,353 2,392 2,466 2,513 2,549 2,574 2,616 2,656 2,694 2,724 2,760 2,799 2,869 2,924 2,946 2,474 2,175 2,198 2,263 2,300 2,313 2,313 2,339 2,356 2,378 2,394 2,404 2,419 2,455 2,476 2,477 2,991 2,485 6.0 6.4 7.4 38,375 24.7 6.5 24.9 31.8 32.3 29.6 31.6 427.1 441.1 449.8 453.5 454.7 461.2 5.4 5.4 6.5 6.7 5.9 6.2 6.1 466.1 471.6 7.2 7.5 7.0 7.4 7.7 6.9 7.2 5.6 6.3 Table 2.2.—Personal Income: Seasonally Adjusted Monthly Totals at Annual Rates [Billions of dollars] Proprietors' income Wage and salary disbursements Year and month Personal income 538.9 1965 January. ._ _ _ _ February _. _ _ _ _ _ _ March April May June . July August September _ October _ November. Dp,o,f»mbPT* 1966 ___ _ _ January February __ _ __ March April May _ _ June___ _- _ _ July August September October November _ December All industries 358.9 Commodity producing Total Manufacturing 144.5 115.6 Distributive Service Government 86.9 58.3 69.3 Other labor income 18.7 Business and professional Farm Rental income of persons 42.4 14.8 19.0 Less: Personal Transfer personal Nonagricontribu cultural payinterest tions for income ments income social insurance Dividends 19.8 38.7 39.9 13.4 519.5 40.4 37.7 38.1 38.2 37.8 37.9 38.6 38.5 49.4 40.1 40.6 41.7 13.2 13.0 13.1 13.2 13.2 13.3 13.5 13.5 13.5 13.7 13.8 13.9 500.5 501.1 504.8 507.4 511.4 514.4 518.8 522.3 537.6 533.7 538.5 543.0 518.8 519.4 522.9 525.9 531.1 535.5 539.0 541.9 557.2 553.5 558.3 563.3 345.3 347.4 349.5 351.3 354.7 356.1 359.0 361.5 364.7 369.3 372.6 375.2 139.2 140.7 141.3 141.1 142.8 143.8 144.4 145.3 146.1 148.1 149.7 151.2 111.6 112.3 113.1 113.1 114.0 114.8 115.8 116.4 116.9 118.5 119.7 120.5 83.9 84.3 84.9 85.8 86.3 86.0 86.9 87.5 88.1 89.2 89.6 89.8 55.5 55.6 56.2 56.9 57.7 58.0 58.7 59.1 59.7 60.3 60.8 61.1 66.6 66.8 67.0 67.6 67.9 68.3 69.0 69.6 70.9 71.6 72.5 73.2 17.7 17.9 18.1 18.3 18.5 18.6 18.8 19.0 19.2 19.4 19.5 19.7 40.9 40.9 41.5 41.4 41.7 42.2 42.5 42.7 43.2 43.7 44.1 44.2 13.8 13.8 13.7 13.9 15.1 16.4 15.5 15.1 15.0 15.0 15.2 15.4 18.3 18.6 18.9 18.9 18.9 18.9 18.9 19.1 19.2 19.2 19.3 19.3 18.6 18.7 18.8 19.0 19.3 19.9 20.0 20.1 20.5 20.7 20.9 21.3 37.0 37.2 37.5 38.0 38.4 38.8 39.1 39.4 39.6 39.7 39.9 40.3 587.2 394.5 159.3 128.1 93.8 63.7 77.7 20.7 45.2 16.1 20.0 20.8 43.6 44.1 17.7 566.3 44.2 44.6 45.2 45.0 44.8 45.2 45.1 45.5 45.5 45.7 45.8 45.9 17.0 17.8 17.4 16.6 16.2 15.9 15.9 15.7 15.6 15.1 15.0 14.8 19.5 19.6 19.7 19.8 19.8 19.9 20.0 20.1 20.2 20.2 20.3 20.4 21.3 21.3 21.2 21.1 21.0 21.0 20.7 20.7 20.8 20.8 20.9 18.9 40.8 41.4 41.9 42.4 43.0 43.5 43.9 44.2 44.6 45.3 46.0 46.7 42.2 42.4 42.9 42.6 41.6 42.0 42.5 43.9 46.0 46.7 47.4 48.4 16.8 16.8 17.0 17.1 17.2 17.4 18.2 18.3 18.3 18.5 18.6 18.6 543.7 548.2 552.7 556.5 558.7 563.9 567.8 572.5 576.5 581.6 585.6 587.8 565.3 570.8 574.9 577.8 579.6 584.7 588. 4 593.1 597.0 601.6 605.6 607.8 377.2 380.5 383.3 387.1 389.9 393.9 397.7 400.5 401.8 405.1 407.4 409.6 151.6 154.0 155.6 157.1 157.8 159.8 160.0 161.6 162.2 163.4 164.2 164.7 121.5 123.3 124.4 126.2 126.8 128.1 128.5 130.1 130.7 132.0 132.5 132.5 90.7 91.1 91.4 92.3 92.9 93.5 94.9 94.9 94.9 96.0 96.4 96.8 61.0 61.1 61.7 62.2 63.0 63.5 64.4 64.9 64.9 65.1 65.6 66.3 73.8 74.3 74.7 75.5 76.2 77.1 78.4 79.1 79.7 80.5 81.2 81.9 19.9 20.0 20.2 20.4 20.5 20.7 20.8 20.9 20.9 21.2 21.4 21.6 SURVEY OF CURRENT BUSINESS July 1968 27 Table 2.2.—Personal Income: Seasonally Adjusted Monthly Totals at Annual Rates—Continued [Billions of dollars] Wage and salary disbursements Year and month Personal income 1967 January February . March ... April May June.. ..- ... July August September October... _ _ . ... . November December 1968 January . February __ .. March April May June July _. August September October November. .. .. . D ecember Commodity producing All industries Total Distributive Manufacturing Proprietors' income Service Government Other labor income Business and professional Farm Rental income of persons Dividends Personal interest income Less: Transfer personal Nonagripay- contribu- cultural ments tions for income social insurance 629.4 423.5 166.5 134.2 100.3 70.5 86.2 22.1 47.2 14.7 20.8 21.5 48.3 52.0 20.6 609.7 612.8 614.9 617.9 619.3 621.2 626.1 630.4 635.2 637.8 639.0 645.6 653.0 412.2 413.0 414.5 416.0 416.5 420.6 423.7 427.1 428.8 429.7 435.6 444.3 165.5 164.1 164.0 163.8 163.6 164.3 165.9 167.8 167.7 167.6 171.2 173.0 133.4 131.8 132.3 132.2 132.0 132.7 133.4 135.4 135.2 134.8 137.6 139.2 97.3 98.0 98.4 98.9 99.1 100.2 100.5 100.8 101.8 101.9 102.8 103.5 67.0 67.9 68.5 69.3 69.2 70.6 71.1 71.4 71.8 72.3 72.7 73.7 82.4 83.1 83.5 84.1 84.6 85.4 86.2 87.1 87.4 87.9 88.9 94.0 21.7 21.8 21.8 21.8 21.9 21.9 22.1 22.3 22.5 22.5 22.6 22.7 46.3 46.3 46.7 46.7 47.0 47.5 47.7 47.8 47.9 47.4 47.3 47.6 14.6 14.1 14.3 14.6 14.7 14.7 14.7 14.8 14.9 14.9 14.9 14.9 20.5 20.6 20.7 20.7 20.8 20.9 20.9 20.9 21.0 21.0 21.0 21.1 20.9 21.1 21.4 21.6 21.7 21.6 21.9 22.1 22.0 21.9 21.9 19.5 46.8 46.8 46.9 47.1 47.3 47.5 48.1 48.7 49.4 49.8 50.2 50.6 49.6 51.0 51.6 51.1 51.7 51.9 52.1 52.4 52.1 53.0 53.3 53.6 19.8 19.8 19.9 20.4 20.4 20.6 20.7 20.9 20.8 21.2 21.2 21.3 593.1 595.8 598.6 599.8 601.4 606.4 610.6 615.3 617.8 619.1 625.4 632.8 687.9 465.0 181.5 145.9 109.2 78.3 96.0 24.2 49.2 14.6 21.2 23.1 54.1 59.2 22.6 667.9 656.3 664.6 671.9 674.2 680.2 685.9 691.0 696.1 701.1 706.2 711.5 716.0 442.7 449.3 452.5 453.9 459.3 463.7 467.2 470.3 474.5 478.2 482.2 485.8 173.3 176.5 177.1 177.2 180.0 180.8 181.8 182.7 184.6 186.2 187.5 189.6 140.2 141.4 142.1 141.9 144.7 146.0 146.7 147.1 148.6 149.6 150.5 151.8 103.8 105.1 106.5 106. 7 107.5 109.5 109.7 110.8 111.8 112.5 113.5 113.3 74.0 75.4 76.0 76.4 77.4 78.1 78.3 78.8 79.6 80.8 82.0 83.0 91.6 92.3 92.9 93.7 94.4 95.3 97.3 98.0 98.4 98.7 99.1 99.9 23.0 23.4 23.7 23.8 23.9 24.0 24.2 24.5 24.7 24.8 25.0 25.1 48.1 48.5 48.7 48.9 49.3 49.4 49.2 49.2 49.5 49.5 49.7 49.8 14.9 14.9 14.6 14.4 14.1 14.4 14.7 15.0 14.7 14.5 14.3 14.4 21.1 21.1 21.1 21.2 21.2 21.2 21.2 21.3 21.3 21.3 21.4 21.4 22.0 22.2 22.5 22.8 23.0 22.9 23.4 23.6 23.7 23.9 24.0 23.6 51.2 51.7 52.3 52.7 53.2 53.7 54.2 54.8 55.4 56.0 56.7 57.3 55.0 55.4 58.4 58.6 58.6 59.0 59.7 60.4 60.3 61.2 61.5 62.1 21.7 21.9 21.9 22.2 22.4 22.5 22.8 22.9 23.0 23.2 23.2 23.4 636.0 644.3 652.0 654.4 660.7 666.0 670.9 675.5 680.9 686.1 691.5 695.9 Table 2.3.—Personal Consumption Expenditures by Major Type [Billions of dollars] 1966 1965 1966 1965 1967 I 1968 II III I IV II 1967 III IV I II 1968 III IV I II III IV 550.7 Seasonally adjusted at annual rates Personal consumption expenditures _ _ 432.8 466.3 492.3 536.6 419.8 427.9 436.3 447.4 457.8 461.9 471.2 474.5 480.9 489.8 495.7 502.6 520.6 530.3 544.9 66.3 70.8 73.0 83.3 65.4 64.4 66.5 68.9 71.2 68.5 71.3 71.9 70.0 73.5 73.3 75.2 79.5 81.8 85.8 86.3 30.3 30.3 30.5 37.0 30.7 29.7 30.3 30.6 31.7 28.9 30.2 30.5 28.4 31.3 30.9 31.2 34.8 35.6 38.6 39.0 26.9 9.1 29.9 10.5 31.3 11.2 34.2 12.1 25.8 9.0 25.9 8.8 27.1 9.1 28.9 9.4 29.0 10.5 29.4 10.3 30.6 10.6 30.7 10.6 30.7 10.9 31.2 11.0 31.2 11.2 32.2 11.7 33.4 11.3 33.8 12.4 35.0 12.1 34.6 12.8 191.1 206.9 215.1 230.6 184.4 189.7 192.4 197.8 202.6 206.4 209.6 209.1 213.2 214.4 215.8 216.8 226.1 228.5 233.3 234.3 98.8 35.9 15.3 41.1 105.8 40.3 16.6 44.4 108.1 42.5 17.7 46.8 115.0 46.3 19.1 50.1 95.5 34.5 14.4 40.1 98.2 35.5 15.2 40.8 99.2 36.2 15.5 41.5 102.3 37.4 15.9 42.2 104.7 39.0 16.1 42.8 106.0 39.9 16.5 43.9 106.7 41.1 16.7 45.1 105.6 40.9 17.0 45.6 107.8 41.7 17.3 46.4 107.6 42.6 17.5 46.7 108.1 42.9 17.9 46.8 108.9 42.7 18.1 47.1 112.6 45.0 18.9 49.6 114.8 45.6 18.8 49.4 116.1 47.4 19.5 50.3 116.4 47.3 19.5 51.1 175.5 188.6 204.2 222.8 170.0 173.8 177.4 180.7 183.9 186.9 190.2 193.5 197.7 201.8 206.6 210.6 215.1 220.0 225.8 230.1 63.5 25.6 12.6 73.8 67.5 27.1 13.6 80.4 71.8 29.1 14.7 88.6 77.4 31.2 16.1 98.1 61.8 24.7 11.9 71.6 63.0 25.4 12.4 73.0 64.0 26.0 12.8 74.6 65.1 26.4 13.2 75.9 66.2 26.0 13.2 78.6 67.0 26.9 13.5 79.5 67.9 27.6 13.6 81.2 69.0 27.9 14.1 82.6 70.1 28.2 14.4 85.0 71.1 29.0 14.5 87.2 72.3 29.3 14.8 90.3 73.7 30.1 .15.0 91.8 75.2 30.5 15.5 93.8 76.7 30.7 15.9 96.7 77.9 31.6 16.3 100.0 79.8 31.9 16.5 101.8 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 _. Table 2.4.—Personal Consumption Expenditures by Major Type: Not Seasonally Adjusted [Billions of dollars] 19 65 I _ _ __ ._ III IV I II III IV I II III IV 106.2 121.4 110.6 115.7 115.7 124.3 114.8 122 1 123.0 132.3 124.5 132.4 134.2 145.5 15.3 20.1 16.1 17.5 16.7 20.4 15.5 18.7 17.4 21.4 17.8 20.8 20.1 24.7 7.3 5.6 1.7 8.3 6.0 2.0 6.6 6.7 1.9 8.0 8.6 3.5 7.6 6.1 2.5 8.1 6.9 2.5 6.7 7.5 2.5 7.9 9.4 3.1 6.8 6.3 2.3 8.8 7.3 2.6 7.1 7.6 2.7 7.7 10.1 3. 6 8.4 6.9 2.4 9.9 7.9 2.9 8.7 8.5 2.9 10.0 10.9 3.9 _ 41.8 46.3 46.7 56.4 47.9 51.5 51.6 55.9 49.5 53.0 53.9 58.6 52.5 56.8 57.7 63.6 - 22 5 6.7 3.3 9 4 24 3 87 3.9 93 25 4 8.0 4.1 93 26.6 12.5 4.0 13.2 24 5 79 3.7 11 8 26 5 9 6 4.3 11 1 27 4 96 4.4 10 1 27 3 13 1 4.2 11 3 25 3 8.5 3.9 11 7 27 0 10 0 4.5 11 5 27 9 10.2 4.7 11 1 27.8 13.8 4.5 12 5 26.8 9.1 4.4 12.3 28.8 11.0 4.8 12.1 29.6 11.2 5.1 11.8 29.8 15.1 4.8 13.9 42.9 43.4 44.2 45.0 46.6 46.7 47 5 47.9 49.8 50 4 51.7 52.3 54.2 54.9 56.5 57.2 15.4 7.0 2.8 17.6 15.8 6.1 3.2 18.3 16.1 5.9 33 18.9 16.2 6.5 3.3 18.9 16.5 7.5 31 19 5 16.7 6.5 35 20 0 17.1 6.3 35 20 6 17.2 6.9 35 20 3 17.5 8.0 3.4 20.9 17.8 7.0 37 22 0 18.2 6.7 38 23 0 18.4 7.5 3.7 22.7 18.7 8.6 3.7 23.2 19.2 7.4 4.0 24.3 19.6 7.3 4.2 25.4 19.9 7.9 4.2 25.2 Services Housing _ Household operation. Transportation Other II 16.4 _. _ _ _ I 106.0 Automobiles and parts Furniture and household equipment Other Food and beverages Clothing and shoes Gasoline and oil Other IV 14.6 __ _ Nondurable goods III 19 58 19 67 99.3 Personal consumption expenditures Durable goods. II 1966 _ SURVEY OF CURRENT BUSINESS 28 July 1969 Table 2.5—Personal Consumption Expenditure by Type of Product [Millions of dollars] 1965 I Food 1 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.) 1966 1967 1968 107,183 114,621 117,395 124,694 76, 446 20,068 81, 222 21, 981 82, 234 23, 223 87, 393 24, 926 1,487 1,766 1,937 1,986 782 8,400 787 8,865 706 9,295 679 9,710 43,318 48,360 51,054 55,460 5,372 313 5,991 322 6,323 356 6,974 372 30, 429 3 Clothing and accessories except footwear 19, 742 a. Women's and children's (n.d.c.) 10, 687 b. Men's and boys' (n.d.c.) 4. Standard clothing issued to military personnel 76 (n d c ) 34, 096 22, 162 11, 934 35, 981 23, 200 12, 781 39,140 25,360 13, 780 164 192 212 II Clothing accessories and jewelry 1 Shoes and other footwear (n.d.c.) 2 Shoe cleaning and repair (s.) 5 Cleaning dyeing pressing alteration storage and repair of garments including furs (in shops) not elsewhere classified (s ) 6 Laundering in establishments (s ) 3,755 3,931 4,135 4,358 7. Jewelry and watches (d.c.) 8 Other (s ) 2,855 518 3,308 548 3,482 585 3,773 631 7,578 8,068 8,578 9,110 4,211 3,367 4,543 3,525 4,877 3,701 5 261 3 849 63,509 67,506 71,806 77 409 III. Personal care __ ___ _ __ 1 Toilet articles and preparations (n d c ) 2. Barbershops, beauty parlors, and baths (s.) 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.) 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 1. Drug preparations and sundries (n.d.c.) _ _ _ _ 2. Ophthalmic products and orthopedic appliances (d.c.) 3. Physicians (s.) . 4. Dentists (s.) 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.) VII. Personal business 1. Brokerage charges and investment counseling (s.) 2. Bank service charges, trust services, and safedeposit box rental (s.)__ _ 3. Services furnished without payment by financial intermediaries except insurance companies (s.) 41 735 44 385 47 057 50 775 17, 357 2,300 2,117 18, 479 2,352 2,290 19, 710 2,456 2,583 21 198 2,579 2, 857 61,789 66,786 70,498 75 919 6,254 6,826 7,033 7 460 6 026 6,766 7 087 7 801 2,526 6,119 2,776 6,650 2,900 6,915 3 245 7 839 4,169 4,696 4,970 5,464 4,261 1,434 4,560 1,646 4,684 1,769 4 899 1,879 17, 845 6,608 4,075 1,771 5,391 18, 912 7,027 4,242 1,873 5,770 19, 900 7,493 4,432 1,972 6,003 20, 950 8 131 4 588 2,068 6, 163 6,423 3,964 2 768 6,905 4,028 3 021 7,532 4 444 3 264 8,140 4 638 3 604 28 082 31 142 34 647 38 580 4,720 5,133 5,455 5 867 1 213 7,662 2 836 1 583 8 382 2 970 1 573 9 230 3 307 1 687 lo' 292 3 555 1,382 1,565 1,724 1 900 8,309 1,960 1,272 688 9,294 2,215 1,423 792 10 937 2 421 1 561 860 12 631 2 648 21,879 24,287 26,226 29,593 1 991 2 390 2 792 3 424 1,394 1,550 1,687 1,847 7 584 8 562 9 286 10 711 1. Expenditures for food (items 1-4) include consumer expenditures for alcoholic beverages of the following amounts in millions of dollars: 1965, $12,955; 1966, $13,751; 1967, $14,530; and 1968, $15,588. Expenditures for food excluding alcoholic beverages are as follows in millions of dollars: 1965, $85,997; 1966, $92,005; 1967, $93,570; and 1968, $99,396. 1965 1966 1967 1968 5,178 2,631 1 755 1 346 5 619 2 983 1 823 1 360 5 947 3, 155 1 861 1 498 6 558 3,376 2 017 1 660 58 154 60 489 62 844 72 220 1. User-operated transportation _ ___ 54 356 a. New cars and net purchases of used cars (d c ) 27 153 b. Tires, tubes, accessories, and parts (d.c.)__ 3,155 56 446 58 418 67 432 26 805 3,520 26 610 3,848 32 644 4,360 6 419 16 562 6 845 17 703 7 488 19 149 VII. Personal business — Continued 4. 5. 6 7. Expense of handling life insurance (s.) Legal services (s.) _ _ _ _ _ Funeral and burial expenses (s ) Other (s ) VIII. Transportation c. Automobile repair, greasing, washing, parking, storage, and rental (s.) d. Gasoline and oil (n.d.c.) 6 122 15 261 e. Bridge, tunnel, ferry, and road tolls (s.)__. f. Automobile insurance premiums less claims paid (s.) 431 447 464 480 2 234 2 693 2 948 3 311 2 Purchased local transportation a. Street and electric railway and local bus (s.) b. Taxicab (s.) c. Railway (commutation) (s.) _ ._ _ . 2 017 2 099 2 216 2 318 1 274 607 136 1 317 642 140 1 385 687 144 1 436 729 153 3. Purchased intercity transportation a. Railway (excluding commutation) (s.) 1 781 246 1 944 240 2 210 207 2 470 180 343 1 161 31 356 1 318 30 358 1 617 28 366 1 893 31 26 298 28 850 30,903 33 552 2 061 2 365 2 670 2 669 2 868 3 436 3 059 3 743 3 217 3 993 3 413 4 700 2,933 3 248 3,481 4,012 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 equipment, 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. Motion picture theaters (s.) b Legitimate theaters and opera and entertainments of nonprofit institutions (except athletics) (s.) c. Spectator sports (s.) 9. Clubs and fraternal organizations except insurance (s ) p P 11. Pari-mutuel net receipts (s.) 12. Other (s ) X. Private education and research 1. Higher education (s ) 2. Elementary and secondary schools (s.) 3. Other (s.) 6 013 1 032 6 905 1 072 7 409 1 143 7 852 1 227 983 1 811 927 1 078 1 923 964 1 113 2 027 989 1 234 2 130 1 045 495 389 545 414 605 433 632 453 879 1 509 934 1 555 988 1 610 1,049 1 675 734 2,039 765 2,203 795 2,457 861 2,730 5,927 6,608 7,490 8,398 3,258 1,923 1,427 3,713 2,012 1,765 4,144 2,094 2,160 2 858 1,816 1,253 5 972 6 421 6 965 7 876 3 150 3 196 3 859 3 836 3 334 3 582 4,196 4 179 1 410 1 418 1 564 1 693 1,449 1,660 1,721 1,849 145 144 180 187 432,839 466,334 492,265 536,647 73,008 83,342 Nondurable commodities (n.d.c.) 191,059 206,936 215,059 230,555 Services (s.) 175,472 188,646 204,198 222,750 XI Religious and welfare activities (s ) XII Foreign travel and other net 1 Foreign travel by United States residents (s.) 2. Expenditures abroad by United States Government personnel (military and civilian) (n d c ) 3 Less* expenditures in the United States by foreigners (s ) 4 Less* personal remittances in kind to foreigners (n.d.c.) -_ _ _ _ _- _ Total personal consumption expenditures Durable commodities (d.c.) 66,308 70,752 NOTE.—Consumer durable commodities are designated (d.c.), nondurable commodities (n.d.c.), and services (s.) following group titles. SURVEY OF CURRENT BUSINESS July 1969 29 Table 2.6. —Personal Consumption Expenditures by Type of Product in Constant Dollars [Billions of 1958 dollars] Personal consumption expendituresl Durable goods Autos and parts New cars and net purchases of used cars _ _ Tires, tubes, accessories, and parts - _ _ _ Furniture and household equipment 1965 1966 1967 397.7 418.1 430.3 452.6 66.6 71.7 72.8 80.7 30.4 31.0 30.6 36.1 27.1 3.3 27.3 3.7 26.7 3.9 31.8 4.3 27.4 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 60 6.9 1968 1965 30.5 31.4 33.3 6.4 79 6.3 8. 1 6 3 88 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 lod^ing houses) — space rent Rental value of farmhouses 8.9 9.0 9 7 6.2 7.3 8.0 84 8.8 10.3 10.7 11.3 1.1 1.4 1.3 13 2.9 3.2 3.4 3.9 178.6 187.0 190.3 196.9 92.1 94.2 95.4 98 4 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 72.4 17 5 73.5 18 4 74.4 18.7 76.8 19 2 2.2 2.3 2.3 2.3 Addenda' Food excluding alcoholic beverages Alcoholic beverages 80.1 12.1 81.6 12.6 82.3 13.1 84.6 13.8 33.4 36.4 36.8 37.9 4.8 18.7 5.0 20.5 5.0 20.6 53 21.3 Shoe cleaning and repair - Cleaning, dyeing, pressing, alteration, storage and repair of garments including furs and laundering, in esta Dlishinents 9.9 Ophthalmic products and orthopedic appliances Wheel goods durable toys, sport equipment, boats, and pleasure aircraft 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 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 __ _ _ _ __ _ _ _ _ _ 10.8 11.2 11.4 Barbershops, beauty parlors, and baths Gasoline and oil 14.4 15.3 15.8 16.9 Other nondurable goods 38.7 41.1 42.3 43.8 Medical care services Physicians Dentists 7.2 4.1 4.0 7.3 4.5 4.4 7.3" 4.8 4.5 7.3 50 4.6 4.2 4.4 4.4 4.5 Tobacco products - Toilet articles and preparations Semidurable house furnishings Cleaning and polishing preparations, and miscellaneous household supplies and paper products 1967 1968 Other nondurable goods— Continued 8.3 Other durable goods 1966 _ _ _ _ _ _____ 51 48 34 53 52 37 53 56 39 53 152 5 159 4 167 2 175. C 58 1 60 8 63 5 66.7 38 4 40 2 41 9 44 ^ 16 0 19 16 8 19 17 6 18 18.4 23 2 24.5 25 8 26. S Services furnished without payment by financial intermediaries except insurance companies Admissions to specific 1 spectator amusements 1.8 6.5 36 15 6 2 31 6.9 3s 15 69 30 7.3 39 15 74 31 l.£ 8.C 3.C 11.0 11.4 12.0 12.6 78 16 10 81 16 10 8 4 16 1.0 8.8 1.6 1.0 16 .2 .3 10 18 .2 .3 12 2 0 .2 .3 15 2.2 .2 60.2 __ 6. C 4 £ 62.7 66.0 7.S 4. C .a 1.7 68.7 3 .3 .3 .3 3.2 3.2 3.2 3.3 2.8 2.8 2.9 2.8 17.6 6.1 2.4 18.5 6.3 2.4 19.4 6.5 2.5 20.4 6.2 1.3 6.5 1.3 6.9 1.2 7.. 1. 6.S 2. e 1. Totals and subtotals include items not shown separately. B.—Government Receipts and Expenditures Table 3.1.—Federal Government Receipts and Expenditures [Millions of dollars] 1965 Receipts 1966 1967 124 728 142 535 151 051 1965 1968 176 331 Personal tax and nontax receipts 53 810 61 705 67 468 79 485 Total receipts before refunds Income taxes Estate and gift taxes _ Nontaxes 58 938 56 037 2,849 52 67 902 64 774 3,080 48 75 770 72 605 3 106 59 89 275 86 062 3,169 44 5,128 6,197 8,302 9,790 29 273 32 072 30 562 38 319 16, 510 15, 714 16, 334 18, 017 16 775 14, 131 3 784 2 105 8 242 1 647 997 16 056 16 768 13 033 13 804 4 222 4 026 2*110 2 120 7 462 6 897 1 930 1 988 1 093 976 18, 333 15, 036 4 353 2 120 8,613 2,328 919 Less: Tax refunds _ __ _. Corporate profits tax accruals Indirect business tax and nontax accruals Total accruals before refunds Excise taxes_ _ __ _ _ _ Liquor Tobacco Other - _ Customs duties _ _ _ ._ Nontaxes Less: Tax refunds. _ ___ __ _ _ _ T Contributions for social insurance _ __ 265 342 434 316 25 135 33 044 36 687 40 510 Expenditures 1966 1967 123,497 142,750 163,765 1968 181,517 66, 897 77, 773 90, 744 99, 515 28, 450 Compensation of employees Structures (excluding construction force account compensation) _ _ _ _ _ _ _ _ 3,627 34, 820 Other purchases 32, 591 35, 780 39, 461 3,644 41, 538 3,178 51, 786 3,132 56, 922 245 241 214 211 Transfer payments To persons To foreigners (net) 32, 472 30, 295 2,177 35, 696 33, 419 2,277 42, 234 39, 991 2,243 47, 848 45, 736 2,112 Grants-in-aid to State and local governments Purchases of goods and services Addendum: Construction force account compensation _ 11, 123 14, 375 15, 857 18,328 Net interest paid 8,700 9,482 10, 270 11, 576 Subsidies less current surplus of government enterprises 4,305 5,424 4,660 4,250 Surplus or deficit ( — ), national income and product accounts 1,231 -215 -12,714 -5,186 SURVEY OF CURRENT BUSINESS 30 July 1968 Table 3.2.—Federal Government Receipts and Expenditures: Quarterly [Billions of dollars, seasonally adjusted at annual rates] 19 65 Receipts Expenditures.- Transfer payments T o persons _ _ _ To foreigners (net) _ _ _ _ - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Grants-in-aid to State and local governments Net interest paid _ ___ _ Subsidies less current surplus of government Surplus or deficit (— ), national income and product accounts 1968 II III IV I II III IV I II III IV I II III IV 123.2 124.8 123.4 127.4 136.4 141.4 145.3 147.0 147.5 148.3 152.0 156.4 165.7 170.8 181.4 187 65.0 31.8 16.0 34.2 66.1 29.9 15.9 35.7 65.4 30.2 16.2 36.4 118.8 ... __ Purchases of goods and services National defense __ _ Other 1967 I 53.0 28.0 17.5 24.6 Personal tax and nontax receipts _ _ _ __. Corporate profits tax accruals __ Indirect business tax and nontax accruals Contributions for social insurance 1966 53.3 29.2 15.7 25.3 54.4 28.8 16.8 24.9 126.5 120.2 54.5 31.1 16.1 25.8 128.5 57.6 31.9 15.1 31.8 135.0 61.3 32.0 15.8 32.4 63.0 32.6 15.9 33.7 138.4 146.5 159.5 151.1 68.4 30.1 16.5 37.0 161.4 165.3 70.0 32.0 16.7 37.7 168.8 72.1 37.0 17.4 39.3 174.1 74.7 38.1 17.9 40.1 83.7 38.4 18.3 40.9 87 39. 18 41 184.2 187. 64.4 48.6 15.8 65.5 49.2 16.2 67.6 50.1 17.4 70.1 52.5 17.6 72.8 55.3 17.5 75.6 58.5 17.2 80.5 63.3 17.2 82.1 65.6 16.5 87.8 69.9 17.9 90.3 71.9 18.4 91.3 73.0 18.4 93.5 74.6 18.9 96.3 76. r 20.1 99.0 77.9 21 1 100.9 78.8 22.1 101. 79. 22 31.3 29.3 2.0 30.9 28.5 2.4 34.7 32.5 2.2 33.0 30.9 2.1 34.9 32.2 2.7 33.9 31.6 2.2 35.5 33.4 2.2 38.5 36.5 2.0 41.5 39.3 2.2 42.0 39.8 2.2 42.7 40.1 2.6 42.7 40.7 2.0 45.1 43.3 1.8 47.6 45.5 2.0 48.7 46.5 2.3 50. 47. 2 10.3 8.5 10.9 8.7 11.3 8.8 12.0 8.8 13.3 9.0 14.2 9.3 14.9 9.5 15.1 10.0 15.1 10.2 14.7 9.9 16.2 10.3 17.4 10.7 17.7 11.0 18.2 11.4 18.4 11.7 4 2 4 2 4 2 4 7 51 53 59 4 0 4 1 4 6 19. 12. 4 4.4 4.7 1.4 3.0 -3.1 -1.1 -1.2 -4.1 -12.0 -13.2 -13.4 -12.3 -8.4 180.3 -9.5 -2.8 Table 3.3.-—State and Local Government Receipts and Expenditures [Millions of dollars] 1965 Receipts _ __ _ Personal tax and nontax receipts Income taxes. '_ _ Death and gift taxes Motor vehicle licenses Property taxes Other taxes _ _ Nontaxes Corporate profits tax accruals Indirect business tax and nontax accruals Sales tax State___ -_ General Gasoline Liquor Tobacco Local _ Motor vehicle licenses Property taxes Other taxes _ _ Nontaxes _ __ 1966 1967 1968 1965 75,452 85,172 93,191 106,160 Receipts— Continued 11, 843 4,417 781 1,063 777 263 4,542 13, 659 5,422 832 1,131 820 266 5, 188 15, 432 6,292 901 1,186 893 284 5,876 18, 411 8,081 949 1,284 984 297 6,836 Contributions for social insurance 2,053 2,209 2,433 2,997 45, 947 15, 886 14, 132 7,293 4,468 946 1,425 1,754 1 018 23,099 4,762 1,182 49, 938 17, 977 15, 885 8,511 4,778 1 012 1,584 2,092 1 086 24, 603 4,893 1,379 53, 777 19, 264 17, 136 9,372 5,009 1 076 1 679 2,128 1 116 26 793 5,107 1,497 59, 912 22, 722 20, 300 11, 602 5,478 1,176 2,044 2,422 1 213 28, 873 5,372 1,732 Federal grants-in-aid 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 _ _: 1967 1966 1968 4,486 4,991 5,692 6,512 11 123 14, 375 15, 857 18 328 74,490 83,906 94, 990 107,632 70, 108 39, 345 79, 040 44, 016 89, 338 49, 566 100, 745 55,710 18, 382 12, 381 20, 348 14, 676 22, 328 17, 442 24, 496 20, 539 453 503 553 603 6,890 7,656 8,774 10, 027 507 331 154 306 3,015 3,121 3,274 3,446 962 1,266 — 1, 799 -1,472 Table 3.4.—State and Local Government Receipts and Expenditures: Quarterly [Billions of dollars, seasonally adjusted at annual rates] 19(55 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 I II III 72.5 74.5 76.5 IV 78 3 1968 19 67 19(36 I II III IV I II III IV I II 81 2 84.1 86.9 88.4 89.6 90.9 94.4 97.9 100.5 104.7 14.7 2.4 52.0 5.4 15.1 15.2 2.4 53.0 5.6 14.7 15.7 2.4 54.3 5.8 16.2 16.1 2.5 55.9 6.0 17.4 91.7 93.6 95.6 99.0 11.5 2.0 44.4 4.3 10.3 11.7 2.0 45.4 4.4 10.9 12.0 2.0 46.7 4.5 11.3 12.2 2.2 47.3 4.6 12.0 12.8 2.2 48.2 4.8 13.3 13 5 2.2 49.3 4.9 14.2 14.0 2.2 50.7 5.1 14.9 14.4 2.2 51.5 5.2 15.1 71.4 73.3 75.6 77.6 79.9 82.5 85.1 88.2 67.0 6.8 .6 3.0 68.9 6.8 .5 3.0 71.3 6.9 .5 3.0 73.2 7.1 .4 3.1 75.2 7.4 .4 3.1 77.7 7.5 .4 3.1 80.1 7.8 .3 3.1 83.0 8.0 .3 3.2 1.1 1.2 .9 .7 1.3 1.7 1.9 .2 86.4 8.4 .2 3.2 -2.1 88.1 8.6 .1 3.3 -2.8 90.0 8.9 .1 3.3 -1.3 92.9 9.3 .2 3.3 — 1.0 17.2 2.9 56.5 6.2 17.7 103.6 97.1 9.7 .2 3.4 -3.1 18.0 3.0 59.2 6.4 18.2 106.0 99.4 9.8 .3 3.4 -1.3 III IV 108.0 111.; 18.9 3.0 61.1 6.6 18.4 19. 3. 62. <( 6. 19. ( 108.7 112. 101.7 10.2 .3 3.5 104. 10. -.7 3. -.( SUEVEY OF CUEEENT BUSINESS July 1969 31 Table 3.5.—Federal Government Receipts and Expenditures: Not Seasonally Adjusted [Billions o<" dollars] 1965 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) . . . 1966 1967 I II III IV I II III IV 39.1 36.6 29.7 28.3 33.5 41.3 34.5 33.3 11.7 \7 1.1 7.6 16.9 7.5 4.5 7.7 13.4 7.1 3.7 5.5 11.7 8.0 4.2 4.3 13.3 7.6 3.4 9.1 19.0 8.3 4.4 9.6 14.8 7.9 3.8 7.9 14.5 8.2 4.1 6.4 "8.9 29.8 31.5 33.3 32.9 34.2 37.7 .5.4 11.7 3.7 16.3 12.7 3.6 16.2 12.0 4.3 19.0 13.8 5.2 17.6 13.5 4.1 18.9 15.2 3.7 20.1 15.6 4.5 8.0 7.5 .5 7.8 7.2 .7 8.4 7.9 .5 8.2 7.7 .5 8.9 8.2 .7 8.6 8.0 .6 I 1968 II III IV I II 37.3 42.4 36.9 34.5 41.2 48.3 44.9 42.0 16.2 7.2 3.6 10.3 18.9 7.8 4.5 11.1 17.2 7.3 3.9 8.5 15.2 8.3 4.3 6.8 16.5 8.9 4.6 11.2 22.4 9.8 4.4 11.7 21.7 9.3 4.2 9.6 18.9 10.3 4.8 8.0 38.0 39.3 39.6 42.0 42.9 42.2 45.3 46.6 47.3 21.2 16.4 4.7 21.5 17.4 4.2 22.5 18.3 4.2 22.1 17.7 4.5 24.6 19.0 5.6 23.3 18.7 4.6 25.3 20.5 4.8 24.2 18.7 5.5 26.7 20.2 6.5 8.7 8.2 .5 9.5 9.0 .5 10.6 10.0 .6 10.6 10.0 .6 10.5 9.9 .6 10.5 10.0 .5 11.5 11.0 .5 12.1 11.5 .6 12.1 11.6 .5 12.3 11.7 .6 III IV Grants-in-aid to State and local governments 2.4 2.7 3.0 3.0 3.1 3.6 3.9 3.8 3.6 3.5 Net interest paid 2.2 2.2 2.2 2.2 2.3 2.3 2.4 2.5 2.6 2.4 2.6 2.6 2.7 2.9 2.9 3.1 Subsidies less current surplus of government enterprises .9 .7 1.7 .9 1.0 .8 2.6 1.0 .9 .6 2.3 .8 .6 .4 2.7 .5 Surplus or deficit (— .), national income and product accounts 1.2 6.9 -1.8 -5.0 .6 7.1 -3.2 2.7 -5.0 -8.4 -1.1 3.0 -1.7 -4.7 -2.0 -5.4 Table 3.6.—State and Local Government Receipts and Expenditures: Not Seasonally Adjusted [Billions of dollars] 1965 Receipts . _ .. Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Federal grants-in-aid Expenditures Purchasers of goods and services _.. Transfer payments to persons _. ._ _ N e t interest paid - - . _ . _ Less: Current surplus of government enterprises. . Surplus or deficit (—), national income and product accounts 1966 III IV I II III 23.0 22.1 26.8 24.4 27.4 24.8 29.5 39 .6 4.3 .6 3.5 .6 3.8 .7 4.5 .7 5.3 .8 4.2 .7 4.4 .8 15.2 11.9 13.1 12.2 16.5 13.5 15.0 1 fi 13.6 17 17.8 17 3.8 3.6 3.5 4.4 4.7 4.7 4.8 II 17.1 18.7 3.0 .5 3.4 .5 2 6 .5 2 8 .6 3 4 5 4 0 .6 30 .5 32 .6 10.1 10.9 i i 10.4 14.5 11.2 12.6 11.0 2.4 2.7 3.0 3.0 31 3.6 3.9 17.6 IV I 22.1 19.4 22.0 I IV III II 19.7 IV II I III 19 68 1967 24.1 21.4 1 4 1 C 4.4 1 C 4.1 16.8 18.6 19.8 19.4 18.9 20.9 22.1 22.0 21.6 23.8 24.9 24.8 24.5 27.0 28.2 27.9 15.7 1.7 17.5 1.7 18.7 1.7 18.3 18 17.7 18 19.8 19 20.8 19 20.7 2 0 20.2 21 22.4 2 2 23.5 2.2 23.2 2.3 22.9 2.4 25.4 2.5 26.5 2.5 26.1 2.6 .1 .7 .1 .8 .1 .8 .1 .8 .1 .8 .1 .8 .1 .8 .1 .8 .0 .8 .0 .8 .0 .8 .0 .8 .1 .8 .1 .9 .1 .9 .1 .9 .3 .2 2.7 .5 1.0 -2.3 2.1 -.2 — .8 -2.8 2.0 -.1 .4 -2.2 -3.4 1.6 SURVEY OF CURRENT BUSINESS 32 July 1969 Table 3.7.—Social Insurance Funds [Millions of dollars] 1965 1966 1967 26,949 35,071 39,101 43,235 25 135 33 044 36 687 40 510 Personal contributions 11, 452 15, 601 18, 202 20,005 Personal Employer contributions Government and government enterprises Private 13, 683 2,230 11, 453 17, 443 2,764 14, 679 18, 485 3,105 15, 380 20, 505 3,530 16, 975 Employer contributions _ _ Government and government enterprises . Private _ __ 1966 1967 5,784 6,464 7,376 4,486 4,991 5,692 6,51 _ _ _ 1,952 2,140 2,360 2,60! __ _ 2,534 2,525 9 2,851 2,840 11 3,332 3,320 12 3,90^ 3,89 1 State and local Federal Receipts Contributions for social insurance Investment income 1,814 2,027 2,414 2,725 Expenditures 24,742 27,654 33,234 38,227 23 660 1 082 26 446 1,208 31 989 1,245 36 892 1,335 2,207 7,417 5,867 5,008 Benefit payments Transfers to general government Surplus or deficit - Receipts Contributions for social insurance contributions. Investment income _ _ _ _ _ _ _ _ _ _ Expenditures Benefit payments Transfers to general government Surplus or deficit - -_- - - _-_ - ___ 1,298 1,473 1,684 1,92 2,736 3,076 3,40( 2,360 37 2,682 54 3 005 71 3,31 8 3,387 3,728 4,300 5,03 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 insuranceState 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 Cash sickness compensation funds . 1965 1966 1967 29,621 38,035 42,379 47,022 16,217 20 294 21,817 24,409 17 443 18 485 11 022 11,818 1 002 1 515 3 077 3 015 2 614 573 623 641 387 326 375 141 149 146 1 158 1 254 1,361 6 9 8 2,534 2,851 3,332 2,525 2,840 3,320 11 12 9 20 505 13 141 2 076 2*562 '670 432 135 1 477 12 3,904 3,890 14 13 683 8,391 13,404 1968 17,741 20,562 22,613 15,601 11, 034 1,003 320 1 018 1 060 ' 20 21 326 375 1,098 1,181 599 607 18 202 11,831 1,516 636 1 926 22 387 1 294 590 20,005 13, 153 2,078 828 1,501 22 432 1,405 586 2,360 2 075 285 2,608 2 300 308 11 452 8,391 1,952 1 700 252 2,140 1 865 275 Total government transfer payments to persons Federal Government .. . 8,43 2,397 Table 3.8.—Contributions for Social Insurance 1968 1965 1968 1965 1966 1967 37,185 41,075 48,765 55,763 30,295 33,419 39,991 45,736 26, 446 31 989 19, 786 21, 122 1,017 4,540 1 797 2 116 1,346 1,250 36, 892 24,598 5, 681 2,060 1,527 Benefits from social insurance funds 23, 660 Old-age, survivors, and disability insurance benefits. 18, 067 Hospital and medical insurance benefits State unemployment insurance benefits 2,198 Railroad retirement insurance benefits 1,187 1968 Railroad unemployment insurance benefits Federal civilian pensions Veterans life insurance ... . . __________ 60 1,518 630 39 1,872 685 41 2,068 756 40 2,269 717 Military pension, disability, and retirement payments. Other veterans benefits. _ _ _ _ . _ . _ _ _ _ _ _ _ _ _ _ _ Other 5,535 75 1,025 5,600 125 1,248 6,224 340 1,438 6,583 556 1,705 6,890 7,656 8,774 10,027 2,360 2,100 260 2,682 2,415 267 3,005 2,720 285 3,312 2,995 317 3,980 3,720 260 4,291 4,039 252 4,916 4,593 323 5,673 5,252 421 550 683 853 1,042 State and local government ._ __.___. Benefits from social insurance funds Government pensions.. __ Cash sickness compensation - ... Direct relief Special types of public assistance General assistance _ ._ .. ... __ _ . _ _ Other SURVEY OF CURRENT BUSINESS July 1968 33 Table 3.10.—Government Expenditures by Type of Function [Millions of dollars] 1965 1966 i Total 2 National defense 6 Space research and technology 7 General government Conduct of foreign affairs and informational activities Education 16 Elementary and secondary Higher Other 17 18 19 Health labor and welfare 20 21 22 Health and hospitals Sanitation 23 Social security and special welfare services 24 25 26 27 Public assistance and relief Unemployment benefits Old age and retirement benefits Other 28 29 30 31 Civilian safety Police Fire Correction 32 Labor 33 34 35 36 37 38 39 Veterans benefits and services TMsnhilitv'and nonsirm allowances Insurance Hospitals and medical care Administration and other services Commerce, transportation, and housing 41 42 43 44 45 46 47 48 49 50 51 Transportation Highways Water Air Housing and community development Urban renewal and community facilities 83 54 55 56 K7 J 60 Other Agriculture and agricultural resources F'n f h' r\ t'l t' Conservation of agricultural resources Other services Natural resources Conservation and development of resources Digitized 61 for FRASER Recreation Less: Current surplus of government enterprises Transfer payments and net interest paid Purchases of goods and services Subsidies less current surplus of government enterprises Grants-in-aid to State and local governments Transfer payments and net interest paid Purchases of goods and services Less: Current surplus of government enterprises Purchases of goods and services 414 414 62,628 60,688 1,693 401 -154 421 421 79 294 41 79 294 41 60, 822 59, 208 1,686 2,387 2,087 7 -581 -607 82 -154 293 26 79 282 60 79 282 60 5,947 5,907 41 48 -60 8,310 -- - 484 2,184 496 2,178 484 7 2 177 5 1,377 421 131 824 1 30,050 29,820 55 /1 394 410 20 76 22, 914 22, 914 1 5, 819 5,819 1,317 1,087 418 474 485 -3! } 63 389 5 818 310 43 1 7 230 3,549 516 308 2,724 1 34,979 34,656 323 230 2,020 606 923 47 } 186 (1, 787 \ 524 81 122 413 388 . 26, 001 26,001 7,288 7,288 1,690 1,367 323 5,895 5,872 1 788 1 847 702 23 59 2,186 1,002 330 30, 217 1,38324,174 4,656 6,566 2,361 4,205 3,883 1 836 22, 577 1,921 63 63 6,370 1,451 60 311 480 4,909 10 31 20 6l 2 13 4,360 20 11 20 2,835 1,033 1,033 1 3,891 3,834 1 57 664 439 12 469 -256 498 166 192 247 12 294 175 OCf» 363 1} 363 667 493 64 no i 115 292 292 345 154 4,005 3,326 -268 44 72 221 638 348 468 3,594 28 383 34 12f ! 4,504 ! 78£ 10 -1 -1 i 229 } 553 738 185 453 2,245 401 366 j 700 -103 1 155 1,179 1,792 -35 803 1,024 i 767 986 42£ 127 ! 422 ! . 1 i 925 2 92 11 11 3,976 -1,152 173 4,955 875 2,71: 1-1, 790 i 1 4,501 19 36 435 136! 875 864 1 52 i 193 393 : ! ! 258 -166 864 71 664 i 52£ 746 550 71 125 185 579 1,708 -45 2,981 738 417 41 10 18 553 458 -229 s 775J 18 i 2 192 12,676 13, 422 3 4,211 12, 403 12, 953 . . 4,156 152 , 223 ~"l25 3 121 246 67 55 9 10 18 5,713 1,307 4,252 96 i 555 683 656 778 204 278 775 517 20 1,180 1,180 482 244 517 888 14,6% 17,677 13 4,671 720 j 1 5,521 2,954 1,451 1,116 2 i 9l 1 / 63C j 216 1 90 98 5,521 2,954 1,451 1,116 91 1,052 785 515 216 727 -146 4 579 396 2,104 220 265 679 -88 219 1,205 842 8,001 2,429 91 220 11, 448 12, 115 11,212 11, 705 141 169 105 79 241 131 145 4,852 2 159 157 4 008 4 008 6871 687 i 1,327 1,318 216 216 691 13,094 15,929 7, 513 2,919 4,594 60 6,397 1,536 11 11 2 87 5,347 1,235 72 3,906 489 631 674 810 60 971 480 2 121 123 4,152 4,150 638 638 1,261 1,255 194 196 7,232 2,168 60 14 44 "" ~14 4 7,513 2,919 4,594 1 3,876 1 836 524 22,053 284 853 780 5,185 2,756 1,379 1,050 439 6,389 6,345 2,037 2,051 6 5,185 2,756 1,379 1,050 112 4 21,977 17,353 4,638 854 5 3,360 2 258 389 19, 248 493 572 269 5 1 59 33,434 2,756 24,649 6,025 19,914 15,745 4,228 42 1 7 7 566 2 277 3,370 2,258 19, 637 1,334 275 965 2,682 3,605 331 331 948 ""948 566 2,284 6,566 2,361 4,205 63 -67 580 2,278 887 21, 780 3,932 826 4,063 4,063 2,858 26, 599 63 42 -67 8,947 5,976 3,013 55 1,082 1,079 3 610 610 2,010 152 1,858 9,434 -48 9,482 383 32 ""55 363 1 29,318 2,043 22,202 5,073 1,830 40 43 13,519 2,156 11,375 5,435 2,918 2,674 Public utilities Transit Electricity ^VVatpr and gas 52 EH 74 -118 284 28 87 40 S "o 386 -118 1,038 1,038 3,756 3,756 678 678 1,682 3,215 157 1,525 847 2,411j 8,676 -24 8,700 _ _ 507 507 42 ""48 "-60 347 832 ""832 377 International affairs and finance 14 15 EH 49, 940 48, 525 1,459 2,407 2,116 7 -479 -507 5,591 5,550 Central personnel management and employment costs Net interest paid Other - 13 'oS o State and local 51,868 50,134 1,466 12,451 2,196 10,267 General administration 8 9 10 11 12 "c8 O EH Federal - - 23,497 66,897 41,172 11,123 4,305 74,490 70,108 7,397 3,015 42,750 77,773 45,178 14,375 5,424 83,906 79,040 7,987 3,121 Military services and foreign military assistance Atomic energy development Other 3 4 5 Subsidies less current surplus of government enterprises 0 EH Grants-in-aid to State and local governments c Transfer payments and net interest paid Purchases of goods and services 3 <D 3 Transfer payments and net interest paid State and local Federal 2,112 2,105 222 -215 1,892 1,970 78 2,441 2,371 4 269 -203 1,991 2,075 84 1,92( 1,924 183 181 220i -215 745 823 2 1,147 1,147 78 2,245 ! 2,175 196 19£ I 4 921 837 267 -203 1 ! 1,154 1,154 2| 84 SUEVEY OF CURKENT BUSINESS 34 July 1969 Table 3.10.—Government Expenditures by Type of Function—Continued [Millions of dollars] 1967 1968 1 Total National defense Military services and foreign military assistance. . . Atomic energy development _ Other 6 Space research and technology 7 General government 8 9 10 11 12 13 14 15 16 20 Health, labor, and welfare . 21 22 Health and hospitals Sanitation 23 Social security and special welfare services Public assistance and relief Unemployment benefits Old agp, and rfitirernfint, benefits Other 28 29 30 31 Civilian safety Police Fire Correction 32 Labor 34 35 36 37 38 Veterans benefits and services Education training and other benefits Disability and pension allowances Insurance Hospitals and medical care Administration and other services 55 56 57 58 59 60 61 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 Less; Current surplus of government enterprises Transfer payments and net interest paid Purchases of goods and services Subsidies less current surplus of government enterprises 501 172 273 56 172 273 56 41 4,856 4,815 . ... 80 4,549 4,494 46 16,466 2,562 13,867 113 4, 488 4,488 1,142 1,139 2 415 415 46 2,518 265 2,253 11, 784 208 11, 576 607 535 36 1 ""so "-59 4,201 1,242 3,005 154 154 1,216 ~i,~2i6 2,871 610 2,250 6 623 2,248 610 7 2,243 6 3,897 695 324 2,877 1 39,530 39,099 2,036 726 1,135 89 fl, 758 224 } 189 \ 501 382 618 135 28, 550 28, 550 1 8,631 8,631 2,349 1,918 40,642 3,301 30,077 7,259 2,379 1,012 55 -59 10,059 6,946 3,159 112 -76 12,076 8,506 3,618 4,814 1,550 3,312 306 306 -76 1,517 1,517 2,752 619 2,118 5 5 630 2,122 619 6 2,112 5 431 4,455 778 543 3,130 4 43,398 42,861 537 431 2,311 1,012 1,132 60 fl, 891 372 } 360 \ 636 346 603 183 30, 500 30,500 4 9,871 9,871 3,027 2,490 537 5 25,477 20,094 5,319 7,455 7,419 1,976 1,912 334 1,033 36 -64 10 8 30,257 24,007 6,154 8,789 8,755 2,508 2,412 333 1,011 34 37, 096 1,946 29, 576 5,569 5 9,233 3,950 5,283 43, 218 2,265 34, 339 6,606 8 11, 092 4,972 6,120 1 4,685 7 4,693 2,157 2,157 677 27,008 27, 685 884 410 2,561 1,262 9,233 3,950 5,283 5,498 8 23 5,467 2,100 2 100 852 31,806 32, 658 2,962 1,405 410 1,139 11,092 4,972 6,120 76 6,233 3,370 1,596 1,267 73 73 68 1,280 245 5 6,233 3,370 1,596 1,267 167 652 580 580 1,588 5,549 9 25 19 76 71 1,091 272 7,142 5 5 71 2 375 377 4 418 4,418 756 756 1,398 1,390 196 193 -4 1 19 3 4,6i2 3,943 3 69 10 645 -234 891 57 247 280 10 634 11 -234 } 661 346 342 661 19 682 682 34 24 10 20 3 -4 24 10 10 24 3,397 811 578 81 152 104 105 6,256 1,587 4,551 165 811 655 894 767 1 3 4,462 4,386 1,280 1,280 204 14,700 15, 572 14, 260 14, 869 153 308 220 395 51 220 872 609 88 175 867 206 1,269 592 11 956 -290 647 895 248 867 206 1 1,317 \ -48 353 239 11 953 3 -290 } 647 895 248 1,231 3,191 631 726 961 55 450 1,599 1,960 -95 906 1,149 1,899 91 284 2,903 -672 58 94 153 680 492 388 2 2 3,573 13 23 482 1,020 1,007 45 102 2,626 2,503 5 343 -225 2,318 315 -225 28 976 1,068 1,342 1,342 2,390 2,29£ 20* 236 -4 7,186 3,901 1,824 1,461 679 17,632 21,029 162 4,078 1,020 -73 23 7,186 3,901 1,824 1,461 15 5,426 945 2,844 545 637 866 -12 320 1,433 -193 5,873 -96 2,881 2 4,169 3,200 1,007 2,410 9,001 3 76 -92 878 1,113 765 957 192 414 406 1 13 6,707 2,458 7 13 5,289 1,708 62 116 666 207 481 636 1,070 3 1,727 853 2 599 601 4,557 4,557 717 717 1,490 1,470 254 255 6 6 527 148 7,619 8 948 1,218 6 5 182 -96 8 5 68 48 10 -64 46,999 3,662 34,854 8,475 2,428 1,084 48 5,439 5,439 5 Housing and community development Agriculture and agricultural resources Grants-in-aid to State and local governments 501 95 -177 326 26 45 54 Transfer payments and net interest paid 447 -177 78, 081 76, 034 2,129 2,473 2,138 9 -115 -141 1,234 1,234 202 13, 467 14, 278 13, 081 13, 659 265 142 184 354 202 60 Other Less; Current surplus of government enterprises 80,439 78,031 2,138 122 266 59 110 110 5,634 1,417 111 4,054 614 759 692 821 53 Transfer payments and net interest paid Subsidies less current surplus of government enterprises Grants-in-aid to State and local governments 447 Regulation of commerce and finance Transportation Highways Water Air. Postal services 3 "o 122 266 59 40 41 42 43 44 52 PLH 447 14 4,660 1,038 16,114 19,314 Public utilities Transit Electricity ^Water and gas | | EH 98 -179 296 26 8,256 2,544 48 49 50 51 3o 420 -179 Commerce, transportation, and housing Urban renewal and community facilities Public housing bJD *0 72, 318 70, 486 1,913 8 2,331 2,027 -134 -160 39 46 47 1 74,515 72,353 1,921 14,791 2,408 12,362 Conduct of foreign affairs and informational activities Foreign economic assistance and other transfers Elementary and secondary Higher Other 33 _ International affairs and finance Education.. 3o State and local Federal 63,765 90,744 52,504 15,857 4,660 94,990 89,336 8,928 3,274 181,517 99,515 59,424 18,328 4,250 107.632 100,745 10,333 3,446 1,150 1,148 General administration 484 484 General property and records management 224 2,055 2,279 Central personnel management and employment costs 151 10, 270 Net interest paid . . ... 10, 421 35 401 Other . 457 17 18 19 24 25 26 27 Transfer payments and net interest paid 3 "o 2 3 4 5 Purchases of goods and services 1 Purchases of goods and services State and local Federal - 7 -226 317 91 222 4,020 1,116 1,102 14 2 3,579 29 25 412 1,116 1,102 47 148 14 92 2,530 2,303 9 432 -214 2,618 92 2,296 2,112 234 191 9 389 -214 43 1,087 1,184 1,531 1,531 2,715 97 97 SURVEY OF CURRENT BUSINESS July 196» 35 Table 3.11.—Government Purchases of Goods and Services by Object Classification [Millions of dollars] 1965 Federal Government purchases of goods and services National defense Compensation of employees. Military Civilian Structures Other AH other functions.. Compensation of employees. Structures Other 1966 1967 1968 66,897 77,773 90,744 99,515 50,134 60,688 72,353 78,031 21,201 13,122 8,079 1,144 27, 789 24, 765 15, 756 9,009 1,126 34, 797 27,384 17, 491 9,893 991 43,978 30,162 19,385 10,777 1,227 46,642 16,763 17,085 18,391 21,484 7,249 2,483 7,031 7,826 2,518 6,741 8,396 2,187 7,808 9,299 1,905 10, 280 1965 State and local government purchases of goods and services EducationCompensation of employees. Structures Other All other functions.. Compensation of employees. Structures Other 1966 1967 1968 70,108 79,040 89,336 29,820 34,656 39,099 42,861 20,887 4,215 4,718 23,684 5,255 5,717 26,992 5,891 6,216 30,402 5,980 6,479 40,288 44,384 50,237 57,884 18,458 14,167 7,663 20,332 15, 093 8,959 22, 574 16, 437 11, 226 25,308 18, 516 14, 060 100,745 Table 3.12.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Unified Budget [Billions of dollars] Calendar quarters not seasonally adjusted Fiscal year 1968 1967 1968 IV III IV III Receipts 153.7 35.3 31.9 36.1 50.4 43.6 39.3 Less: Unified budget receipts Coverage differences .2 .0 .1 .0 .1 .1 .0 Financial transactions .1 .0 .0 .0 .0 .0 .0 Plus: Netting differences: Contributions to government employee retirement funds Other 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 1.9 1.0 . 3.6 .0 .5 .2 .0 .5 .2 1.5 -.2 -.2 -.1 .0 2.4 -.1 -.3 -.2 .1 2.7 .3 .8 .5 .0 -3.0 .0 .2 .0 .0 1.0 -.2 .1 -.5 .0 2.7 .0 -.6 .0 .0 .1 .0 .0 .0 .0 .1 .0 160.9 36.9 34.5 41.2 48.3 44.9 42.0 178.9 44.1 42.4 44.9 47.5 46.9 46.3 2.0 2.4 .7 .3 46.0 .2 Expenditures Unified budget outlays Less: Loan account Equals: Unified budget expenditures Less: Plus: Coverage differences.- 6.0 172.8 43.5 41.4 42.9 45.0 .6 .1 .1 .2 .1 .2 1.7 .7 -.2 Net purchases of land —.6 Timing differences: Increase in payables (net of advances) on purchases of goods and services On interest On transfer payments On subsidies less current surplus of government enterprises Miscellaneous Equals: Federal expenditures—National income and product accounts 1.0 46.1 Financial transactions: Net lending in expenditure account Net purchases of foreign currency Other Netting differences: Contributions to government employee retirement funds Other .7 -.3 .2 -.1 1.0 .2 .0 .2 .1 .0 -.2 -.1 .5 .2 1.9 1.0 —2. 7 .1 .0 .2 -1.6 -.5 .0 .2 .5 .1 .0 .0 -.5 .0 .0 1.0 .0 .0 .0 -.5 .0 .3 1.3 .5 .2 .2 .5 .2 172.4 42.0 42.9 42.2 45.3 46.6 .3 .2 .0 .0 .3 47.3 NOTE.—Fiscal year 1968 is the first year for which the detailed data needed for a reconciliation with the new unified budget is available. For reconciliation between the cash budget and national income and product account data for earlier years see the July 1968 SURVEY OF CURRENT BUSINESS. SURVEY OF CURRENT BUSINESS 36 July 1969 4.—Foreign Transactions Table 4.1.—Foreign Transactions in the National Income and Product Accounts 1965 1965 1966 1967 1968 I II 1966 IV III I Millions of dollars Receipts from foreigners Exports of goods and services Payments to foreigners Imports of goods and services Transfers to foreigners Personal Government - _ . _ Net foreign investment II 1967 III IV I II 1968 III IV I II III IV 50.6 Billions of dollars, seasonally adjusted at annual rates 39, 196 43,360 46, 188 50, 594 35.2 40.8 40.3 4C.5 42.2 42.7 43.7 44.8 45.8 45.9 46.3 46.7 47.7 50.7 53.4 39, 196 43, 360 46, 188 50, 594 . 35.2 40.8 40.3 40.5 42.2 42.7 43.7 44.8 45.8 45.9 46.3 46.7 47.7 50.7 53.4 50.6 39, 196 43,360 46, 188 50,594 35.2 40.8 40.3 40.5 42.2 42.7 43.7 44.8 45.8 45.9 46.3 46.7 47.7 50.7 53.4 50.6 32, 295 38,081 41, Oil 48, 078 29.0 32.7 33.0 34.5 36.0 37.1 39.3 39.9 40.4 40.1 40.7 42.8 45 9 47.3 49.7 49.4 2,835 658 2,177 2,833 556 2,277 2,998 755 2,243 2,865 753 2,112 2.7 6 2.0 3.1 7 2.4 2.8 7 2.2 2.7 7 2. 1 3.2 .6 2.7 2.8 .6 2.2 2.7 6 2.2 2.6 /5 2.0 2.8 6 2.2 3.3 11 2.2 3.3 7 2.6 2.6 6 2.0 2.5 7 1.8 2.8 7 2.0 3.1 g 2.3 3.1 7 2.4 4,066 2,446 2,179 -349 3.5 5.0 4.5 3.3 3.0 2.8 1.7 2.3 2.7 2.5 2.3 1.3 -.7 .6 .6 -1.9 Table 4.2.—Foreign Transactions in the National Income and Product Accounts: Not Seasonally Adjusted [Billions of doll-rs] 1965 I Receipts from foreigners - - -- Export^ of goods and services Payments to foreigners __ -_ _ Imports of goods and services Transfers to foreigners Personal Government Net foreign investment _ _ __ _ II IV III 19 68 19 67 1966 I II III IV I II III IV I II III IV 8 6 10 4 9 5 10 7 10 3 11 0 10 4 11.7 11.3 11 8 11.0 12.1 11.8 13.0 12.6 8 6 10 4 9 5 10 7 10 3 11 0 10 4 11 7 11 3 11 8 11 0 12 1 11 8 13 0 12.6 13.2 8.6 10 4 95 10 7 10.3 11 0 10 4 11.7 11.3 11.8 11.0 12.1 11.8 13.0 12.6 13.2 6 9 8 2 8 6 8 6 8 6 9 4 10 2 9 9 9.7 10 2 10.5 10.6 11.0 11.9 12.8 12.3 .7 .2 5 .8 .2 7 7 .2 5 7 2 5 .8 .1 7 .8 .1 6 .6 .1 5 .6 .1 5 .7 .1 6 .9 .3 6 .8 .2 6 .6 .2 .5 .7 .2 .5 .8 .2 .6 .7 .2 .5 .7 .2 .6 1.1 1 3 2 1 4 .9 8 —.4 1.2 .8 .7 -.3 .9 .1 .3 -.9 .2 13.2 SURVEY OF CURRENT BUSINESS July 1969 37 5.—Savings and Investment Table 5.1.— Sources and Uses of Gross Saving 1965 1967 1966 1965 1968 I II 1966 III IV Millions of dollars Gross private saving 113,133 123,838 133,682 135,093 107.3 Federal State and local Gross investment _ _ 108.4 Statistical discrepancy 31.8 28.4 29.6 28.6 31.2 29.0 132.6 131.6 37.7 29.1 40.0 24.9 31.6 29.9 134.5 129.6 37.7 24.8 II III 139.6 132.6 132.0 139.0 40.7 25.0 43.1 28.8 39.9 25.7 42.3 26.7 IV 136.3 33.2 26.5 38.0 27.8 .5 -.1 -.7 -.4 -3.3 -5.3 -2.6 -.9 -4.2 37.7 38.6 39.3 39.8 40.4 41.5 42.2 43.0 43.8 44.8 45.8 46.2 46.7 23.7 .0 23.9 .0 24.3 .0 24.6 .0 25.0 .0 25.4 .0 25.8 .0 26.2 .0 26.6 .0 26.9 .0 27.2 .0 27.5 .0 27.9 .0 -14.6 -13.4 -11.5 -10.8 -3.5 -.9 -9.5 -2.- 8 -1.3 -.7 -.1 -.8 -2.3 -2.4 -2.2 -3.0 5.5 5.9 -2.2 -.4 2.7 4.7 -215 -12, 714 -5,186 1,266 -1, 799 -1, 472 4.4 1.1 4.7 -3.1 -1.1 1.2 .7 .9 1.4 1.3 3.0 -1.2 -4.1 -12.0 -13.2 -13.4 -12.3 .2 -2.1 -2.8 -1.3 -1.0 1.7 1.9 .6 -3.8 -14.1 -16.0 -8.4 -3.1 121.3 128.5 116.3 112.0 120.0 124.5 118.7 127.2 108, 139 121, 431 116,022 126, 278 105.3 105.3 108.7 113.2 117.5 122.4 119.6 126.2 4,066 2,446 2.3 2,179 -349 2.8 1.7 3.5 5.0 4.5 3.3 3.0 113.6 2.7 109.4 2.5 117.7 2.3 123.3 1.3 119.4 -.7 126.6 125.2 .6 .6 133.9 -1.9 -3,121 -1,012 -1.2 -1.7 .1 -1.1 -1.8 -1.6 -3.3 -3.4 _. . Residental structures _. Nonfarm buildings New dwelling units Additions and alterations. . . Nonhousekeeping units Farm buildings -968 -2,506 -4.0 -3.9 -2.4 -2.2 1965 1966 1967 75,465 78,270 79,158 52,758 53,534 52,885 27 228 25 042 24 954 26,701 24 503 24 298 1965 87 925 59,478 30 igi 29 365 23 736 17 885 28 823 22 423 1,486 511 1,422 532 1,266 562 1,383 542 1,092 —565 1,148 —609 1,217 —561 1,403 —587 25,530 28 492 27 931 29 297 25 450 28 485 27 923 29,300 16 588 18 595 18 106 18 800 5 115 6 738 1 207 735 1 400 1 393 6 679 6 879 1 164 951 1 449 1 473 6 131 6*982 1 093 1 032 1 372 1 496 5 594 8,333 1 038 984 1,566 1,285 Public utilities Railroads Telephone and telegraph Electric light and power Qas Other 5 788 310 1 463 2,589 1 304 122 6 825 400 1 609 3 060 1 614 142 6 967 409 1 638 3 126 1 649 ' 145 7 515 Farm Petroleum and natural gas well drilling and exploration . .. . All other private construction 678 713 762 743 1,980 416 1 868 484 1 634 454 1,669 573 156 -76 134 —127 147 —139 161 -164 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 Brokers' commissions on sale of structures _ Net purchases of used structures. . . ... . _ New construction . 22,707 24 736 -.3 1968 23 971 17 964 . -.5 -1.1 -2.2 125.8 132.0 Table 5.3.—Purchases of Structures by Type in Constant Dollars [Billions of 1958 dollars] 26 190 20 275 26 273 1 704 28,447 22 066 24 000 25 573 27 696 Buildings, excluding military. Residential Industrial Educational _ Hospital. ... Other public buildings. . 7 875 601 368 4 284 519 2 103 8 920 655 369 5 333 511 2 052 9 974 706 406 5 987 634 2 241 10 447 746 517 6 061 694 2 429 Highways and streets Military facilities Conservation and development . _ 7 550 852 2 019 8 355 769 2 195 8 538 721 2 196 9 295 824 2 046 Other public construction Sewer systems Water supply facilities Miscellaneous public construction 3 770 1,195 1,266 1,309 3 761 1 300 1 066 1 395 4 144 1 058 1 270 1 816 5 084 1 551 1 514 2,019 641 736 700 751 I 1,051 -14,513 -6,658 Total structures Net purchases of used structures IV III II 1,231 962 [Millions of dollars] Public structures I 2,193 Table 5.2.—Purchases of Structures by Type Private structures IV III 117.7 119.1 118.3 121.6 122.9 112,205 123,877 118,201 125,929 108.8 110.3 113.2 116.5 120.5 125.2 .. Gross private domestic investment Net foreign investment New construction II Billions of dollars, seasonally adjusted at annual rates Personal saving 28,432 32,527 40,355 38, 375 24.7 24.9 32.3 Undistributed corporate profits 26, 653 29,146 25,867 26,691 25.8 26.3 26.1 Corporate inventory valuation adjustment ._ -. -1,717 -1, 784 -1, 124 -3, 242 -1.4 -2.1 -1.1 Corporate capital consumption allowances . _ _ 36,406 39, 515 42, 618 45, 891 35.1 36.0 36.9 Noncorporate capital consumption allowances 23, 359 24, 434 25,966 27, 378 23.0 23.3 23.5 Wage accruals less disbursements .0 .0 .0 .0 .0 .0 .0 Government surplus or deficit (—), national income and product accounts. I 1968 1967 1967 1966 1968 65.8 65.6 63.5 67.1 46.1 45.3 42.9 45.9 Residential structures 23.8 21.3 20.3 23.3 New construction 23.4 20.9 19.7 22.6 22.9 .5 20.4 .5 19.3 .5 22.2 .4 1.0 -.5 1.0 -.5 1.0 -.5 1.1 -.5 22.3 24.0 22.6 22.7 22.2 23.9 22.6 22.7 13 9 4.5 5.5 1.0 .6 1.2 1.2 15.0 5.7 5.4 .9 .7 1.1 1.2 14.1 5.1 5.3 .8 .8 1.0 1.1 13.8 4.4 6.0 .7 .7 1.1 .9 5.3 .3 1.3 2.4 1.1 .1 6.0 .4 1.4 2.7 1.3 .1 5.8 .4 1.3 2.7 1.3 .1 6.1 Total structures 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 E ducat ional Hospital and institutional Other buildings Public utilities Railroads Telephone and telegraph Electric light and 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 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 Net purchases of used structures - - - - - ._ 1.4 .6 .6 .7 .6 2.1 .3 2.0 .4 1.7 .3 1.7 .4 .1 -.1 .1 -.1 .1 -.1 .1 -.1 19.7 20.3 20.7 21.2 19.1 19.7 20.1 20.6 6.5 .5 .3 3.5 .4 1.7 7.0 .5 .3 4.2 .4 1.6 7.5 .5 .3 4.5 .5 1.7 7.4 .5 .4 4.3 .5 1.7 7.2 .7 1.6 7.5 .6 1.7 7.4 .6 1.6 7.6 .6 1.4 3.1 .9 1.0 1.1 2.9 1.0 .8 1.1 3.1 .8 .9 1.4 3.6 1.1 1.0 1.5 .6 .6 .6 .6 SURVEY OF CURRENT BUSINESS 38 July 1969 Table 5.4.—Private Purchases of Producers' Durable Equipment by Type Table 5.5.—Private Purchases of Producers' Durable Equipment by Type in Constant Dollars [Millions of dollars] [Billions of 1958 dollars] 1965 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 .. - .. _ _ . .. 59,492 55, 199 58, 834 453 195 539 246 538 244 634 253 109 111 140 143 121 133 98 59,578 2,512 1,716 670 954 1,373 1,730 1,623 2,482 1,710 1,077 1,597 1,662 1,555 1,862 1,723 2,048 1,645 1,979 1,908 2,693 3,269 3,596 3,295 3,044 3,493 4,183 4,187 2,786 3,090 2,194 3,207 4,551 2,413 3,152 5,488 2,412 3,173 6,423 2,559 5,766 6,699 6,721 6,466 2,509 2,663 3,003 3,050 3,087 3,023 2,830 3,045 611 591 5,993 4,544 1,355 6,727 4,465 1,904 6,278 4,397 2,585 7,278 5,322 3,537 -.. - -- . __ _ _ _- - - - - 560 722 666 594 646 529 472 1,256 1,979 1,257 1,468 2,374 1,370 Total private purchases. 698 Total excluding scrap deduction 469 1,074 2,828 1,464 3,261 1,432 .1 5 1 .1 .1 .1 50 2 51 1 53 3 21 14 2 3 16 2 3 16 12 15 13 2 1 1 1 1.4 1.4 .6 2.4 1.6 .7 1.7 1.4 .6 1.5 15 2 7 2 9 2 5 7 9 2 6 0 2 15 .6 2 7 2.3 6.1 2.4 Electrical machinery __ __ Electrical transmission, distribution, and industrial apparatus... _ _ _ _ Communication equipment.. _ _ _ _ _ _ __ Other electrical equipment 5.9 6.7 6.5 6.0 2.6 2.6 .6 3.0 3.1 .6 3.0 2.8 .6 2.7 2.7 .6 Trucks, buses, and truck trailers Passenger cars Aircraft Ships and boats _ _ 6.0 4.6 1.3 .5 6.7 4.6 1.8 .5 6.1 4. 5 2.3 .4 6.9 5.2 3.1 .4 1.2 1.8 1.3 1.4 2.1 1.4 1.0 2.5 1.5 .7 2.9 1.4 ___ _ _ _ _ _ _ __ _ __ _ _ _ _ _ _ _ _ _ _ _ _ 1966 _ 1967 _ _- 1968 14,803 7,394 7,308 973 -158 14, 961 615 -131 7,439 6,779 8,647 14,961 6,779 7,439 7,907 14, 373 740 588 6,437 6,545 10, 744 9,624 1,120 17, 134 16, 157 8,192 7,561 631 11, 404 9,787 1,617 -2, 097 -2, 173 -1,413 -1,717 -1,784 — 1, 124 -389 -380 -289 -3, 965 -3, 242 -723 977 342 894 8,647 14,961 6,779 7,439 3,913 4,806 -893 9,000 9,901 -901 4,168 4,662 -494 3,931 5,678 — 1, 747 1,101 1,615 -514 2,669 3,254 -585 2,369 2,749 -380 2,955 3,604 -t,49 1,241 1,437 -196 964 1,089 -105 637 880 -243 376 951 -575 _ _ _ _ 9,620 8,647 Change in nonfarm inventories by industrial group _ _ _ Wholesale trade ... _____ __ __ Change i n book value . _ __ Inventory valuation adjustment.Retail trade. _ Change in book valueInventory valuation adjustment All other Change in book value Inventory valuation adjustment .2 3.3 Change in book value Corporate Noncorporat e Manufacturing. . __ Change in book value _ Inventory valuation adjustment 5 .2 1 2 7 5. 2 Change in nonfarm inventories Inventory valuation adjustment Corporate Noncorporate 5 .2 1 3.4 _ _ _ _ - _ 52 6 4 .2 .1 29 Change in business inventories, total _____ 53 2 50 5 2.9 1965 Corporate Noncorporate 51 0 49 6 2.6 3.0 2.2 [Millions of dollars] - 50 1 2.6 Table 5.6.—Change in Business Inventories Farm Nonfarm 1968 Special-industry machinery, n.e.c - _ General industrial, including materials handling, equipment Office, computing, and accounting machinery Service-industry machines Railroad equipment Instruments Miscellaneous equipment 770 _ 1967 44.0 .6 Agricultural machinery (except tractors).. Construction machinery Mining and oilfield machinery Metalworking machinery 1966 43 6 44.1 Furniture and fixtures Fabricated metal products Engines and turbines, _ __ _ _ Tractors 653 467 _ _ _ _ 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) 86 55,841 .. ._ _ _ _ 55,743 52, 553 2,436 1,672 Electrical machinery Electrical transmission, distribution, and industrial apparatus __ __ _ _ _ _ _ _ _ _ _ Communication equipment Other electrical equipment Railroad equipment Instruments _ . _ . Miscellaneous equipment 53,094 45, 343 53,227 Special-industry machinery, n.e.c General industrial, including materials handling, equipment --- -_ _ _ _ _ _ Office computing and accounting machinery Service-industry machines _ 45,761 2,127 1,453 Agricultural machinery (except tractors) . _ __ Construction machinery _ _ . . . - - _ - - . . Mining and oilfield machinery Metalworking machinery .1 . Trucks, buses, and truck trailers Passenger cars Aircraft Ships and boats 1967 _ . . . . 45,882 - -- 1965 1968 1966 644 1,346 -702 2,132 3,301 -1,169 994 732 1,142 -148 1,079 -347 . __ 4.4 2.4 SURVEY OF CURRENT BUSINESS July 1969 39 6.—Income and Employment by Industry All industries, total _._ Agriculture, forestry, a n d 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 a n d 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 frti°rht transportation and warehousing Water transportation __ Air transportation Pipeline transportation Transportation services Communication Telephone and telegraph Radio broadcasting a n d television _ _ __ _ _ __ Electric, gas, and sanitary services Wholesale and retail trade Wholesale trade Retail trade _ _._ Finance, insurance, a n d 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 _ General government . _ Public education _ Nonschool Government enterprises Rest of the world Addendum: All private industries _. _ -. . _ 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] [Millions of dollars] [Data in thousands] 1965 1966 1967 1968 1965 1966 1967 1968 1965 1966 1967 393,844 435, 504 467,421 513, 5T7 358,885 394 ^99 423 483 464 973 68 050 71,726 73,479 75,545 3,567 3,685 3,706 3 953 3 404 3 481 3 490 3 728 1 676 1 559 1,452 1,418 2 840 727 2 897 788 2 887 819 3 052 901 2 721 683 2 747 734 2 724 766 2 883 845 1 493 183 1 373 1 265 1 225 4,796 5,036 5,193 5 440 4 322 4 516 4 647 4 870 637 633 615 612 678 1 124 2 141 853 725 1,178 2,225 908 692 1 244 2 328 929 765 1 243 2 466 966 613 915 2 010 784 654 956 2 076 830 616 1 Oil 2 173 847 680 1 010 2 300 880 85 142 289 121 88 139 284 122 80 138 278 119 83 133 279 117 187 193 23,143 25,592 26,595 29 593 21 182 23 264 24 238 26 977 3 212 3 308 3,268 3 398 130,421 145,301 152 181 165 603 115 561 128 069 134 165 145 883 18 087 19 279 19 501 19 855 48 787 11 398 515 4 616 5 728 4 662 6 928 7 863 2 149 3 289 1 639 52 966 12 095 526 5 078 6 199 5 085 7 553 8 730 2,233 3 709 1 758 55 909 12 677 552 5 211 6 527 5 365 8 041 9 480 2 350 3 911 1 795 60 810 13 424 590 5 833 7 203 5 797 8 626 10 339 2 555 4 476 1 967 43 587 10 226 423 4 239 5 256 4 253 6 381 6 872 1 523 2 920 1 494 47 030 10 761 436 4 626 5 625 4 620 6 929 7 582 1 582 3 279 1 590 49 550 11 313 454 4 754 5 924 4 880 7 378 8 152 1 641 3 422 1 632 53 880 11 978 485 5 320 6 545 5*271 7 912 8 884 1 780 3 916 1 789 7 659 1 761 88 930 1 345 640 981 910 184 467 353 7 944 1 779 8 018 1 791 8 179 1 790 1 399 *667 1 024 1 389 1 000 1 405 1 055 1 002 1 074 1 032 81 634 3 113 2 394 4 414 11 367 9 345 14 201 12' 173 10, 033 9 166 3 020 2 408 92 335 3 296 2 672 4 755 12 347 10 401 16 476 14 229 12, 307 9 748 3 500 2 604 96 272 3 349 2 699 4 826 12 267 10 813 17 335 15 380 13, 894 9 225 3 779 2 705 104 793 3 722 3 Oil 5 207 13 151 11 819 18 340 16 498 14, 946 11 096 4 093 2 910 71 974 2 885 2 187 3 956 9 824 8 455 12 740 11 019 9,073 6 957 2 693 2 185 81 039 3 047 2 434 4 232 10 582 9 350 14 697 12 852 11,068 7 304 3 119 2 354 84 615 3 087 2 471 4 291 10 440 9 691 15 488 13 915 12, 359 7 051 3 370 2 452 92 003 3 430 2 754 4 627 11 203 10 594 16 380 14 925 13, 291 8 512 3 646 2 641 10 428 612 429 630 1 302 1 265 1 749 1 656 1,135 844 384 422 11 335 11 483 11 676 ,333 877 1 326 1 357 1 978 1 968 1,458 832 1 323 1 388 1 973 1 988 1,501 888 19 022 6 172 1 533 6 740 1 742 2 084 166 585 20 592 8 321 1 613 7 410 1 985 2 430 171 662 21 6 "1 7 2 2 795 379 701 747 066 982 173 747 23 613 6 596 1 803 8 573 2 169 3 495 182 795 17 186 5 450 1 392 6 211 1 585 1 860 153 535 18 458 5 546 1 460 6 765 1 795 2 141 156 595 19 574 5 595 1 540 7 102 1 879 2 645 158 655 21 179 5 758 1 630 7 857 1 973 3 095 166 700 2 529 735 268 964 226 229 18 89 2 614 2 657 2 698 1 008 1 021 1 055 6 528 5 638 890 7 176 6 191 985 7 703 6 641 1 062 8 256 7 087 1 169 5 763 4 937 826 6 308 5 405 903 6 738 5 763 975 7 236 6 163 1 073 881 774 107 929 817 112 968 849 119 978 855 123 85 968 966 184 510 362 619 461 646 351 351 925 906 429 437 724 272 240 256 18 96 86 965 680 183 515 352 598 453 633 447 433 696 279 242 299 18 102 84 691 188 557 358 606 471 639 462 437 670 280 241 331 18 103 5 241 5 554 5 927 6 398 4 565 4 8J4 5 145 5 549 626 633 646 662 63 338 23 896 39 442 69 059 26 239 42 820 73 999 28 141 45 858 80 991 30 549 50 442 59 344 22 458 36 886 64 236 24 480 39 756 68 799 26 257 42 542 75 266 28 486 46 780 12 766 3 301 9 465 13 329 3 432 9 897 13,711 3,521 10, 190 14,211 3 606 10, 605 18 791 4 978 2 232 1 292 5 826 22 340 5 862 2 544 2 004 6 843 1 743 3 344 25 153 6 556 2 780 2 722 7 478 1 888 3 729 16 761 4 276 2 013 1 201 5 18° 1 350 2 732 J8 019 4 627 2 128 1 460 5 523 1 447 2 834 19 776 5 101 2 257 1 852 6 023 1 569 2 974 22 265 5 699 2 464 2 516 6 572 1 696 3 318 3 028 793 355 129 886 237 628 3 106 3,218 3,371 1 442 3 021 20 364 5 333 2 387 1 576 6 271 1 615 3 182 43 728 2 240 3 918 6 565 1 545 896 1 027 48 424 2 437 4 236 7 522 1 666 1 009 1 130 53 818 2 636 4 507 8 406 1 810 1 097 1 175 59 537 2 883 4 767 9 317 1 994 1 184 1 250 41 533 2 089 3 704 6 146 1 464 830 967 45 636 2 259 3 962 6 996 1 568 924 1 040 50 692 2 444 4 220 7 832 1 698 1 Oil 1 100 56 046 2 672 4 463 8 679 1 868 1 091 1 170 11 393 644 992 1 117 11,869 12,195 12,593 1 020 1 238 1,033 1,335 1,037 1,418 1 756 8 134 972 3 884 5 176 3 651 3 964 1 904 9 166 1 058 4 400 5 619 4 249 4 028 2 056 10 678 1 143 4 990 6 150 4 726 4 444 2 218 12 452 1 283 5 494 6 777 5 280 4 638 1 654 7 824 933 3 627 4 901 3 475 3 919 1 779 8 754 1 010 4 082 5 294 4 003 3 965 1 927 10 190 1 091 4,616 5 784 4 423 4 356 2 080 11 869 1 224 5,074 6 379 4 939 4 538 75,233 33 458 28 450 84,683 38 063 32 591 94,124 41 664 35 780 104,978 46 023 39 461 5 008 41 775 39 345 5 472 46 620 44 016 5 884 52 460 49 566 6 562 58 955 55 710 2 430 2 604 2 894 3 245 69,228 30 765 26 129 13, 986 12, 143 4 636 38 463 36, 224 19, 230 16, 994 2,239 77,660 35 010 29, 944 15, 384 14, 560 5 066 42, 650 40, 266 21,666 18, 600 2,384 86,179 38, 345 32, 907 16, 697 16, 210 5,438 47, 834 45, 192 24, 608 20, 584 2,642 95,932 42 397 36, 325 18, 344 17,981 6,072 53, 535 50, 585 27, 604 22, 981 2,950 . . _ __ __ 186 1968 36 318,575 38 350,783 40 373,257 42 408,537 36 289,621 38 316,801 40 337,264 42 368,999 OOQ 159 181 400 826 365 141 903 241 630 672 342 167 187 412 871 370 156 940 246 635 691 350 172 193 425 919 380 192 971 252 657 718 360 176 194 437 2 094 2 254 2,428 2,607 1 267 1 316 1,055 1,375 1,102 1,429 2,604 2,558 2,390 2,317 13,211 5,329 4,569 1,837 2,732 14,463 5,966 5,118 1,962 3,156 15,244 6,356 5,507 2,086 3,421 15,745 6,467 5,609 2,092 3,517 7,882 7,425 3,890 3,535 8,497 8,040 4,315 3,725 8,888 8,424 4,572 3,852 9,278 8,805 4,784 4,021 4 4 4 4 54,835 57,259 58,231 59,796 189 933 481 760 457 194 988 521 848 457 201 547 849 464 210 588 858 473 SURVEY OF CURRENT BUSINESS 40 Table 6.4.—Number of Full-Time Equivalent Employees by Industry July 1969 Table 6.5.—Average Annual Earnings per Full-Time Employee by Industry [Dollars] [Data in thousands] Table 6.6.—Number of Persons Engaged in Production by Industry [Data in thousands] 1965 1966 1967 1968 62,856 66,114 67,913 69,869 5,710 5,967 1,658 1,493 165 1,540 1,373 167 1,433 1,265 168 1,398 1,225 173 2,053 1,823 4,139 2,260 2,001 4,395 637 85 142 289 121 633 88 139 284 122 615 80 138 278 119 612 83 133 279 117 6,785 7,212 6,444 6,955 6,479 7,134 7,432 6,878 7,310 6,803 7,556 7,700 7,326 7,817 7,118 3,212 3,308 3,268 3,398 Contract construction 18,087 19,279 19,501 19,855 Manufacturing - -- - - -7,659 7,944 8,018 8,179 Nondurable goods 1,761 1,779 1,791 1,790 Food and kindred products 86 84 88 85 Tobacco manufactures --- _ . _930 965 1,000 968 Textile mill products __ .. _ _ ... -_-. 1,345 1,399 1,389 1,405 Apparel and other fabricated textile products 640 680 691 667 Paper and allied products . - . - . . . _ _ .. .. 981 1,024 1,055 1,074 Printing publishing and allied industries 910 966 1,002 1,032 Chemicals and allied products 184 184 183 188 Petroleum refining and related industries ... -- . 467 510 515 557 Rubber and miscellaneous plastic products 352 353 362 358 Leather and leather products 10,428 11,335 11,483 11,676 Durable goods. . _ -. .. 612 619 606 598 Lumber and wood products, except furniture 429 461 453 471 Furniture and fixtures ... _ __ 630 646 633 639 Stone, clay, and glass products - -_ .. . _ _ . _ _ 1,302 1,351 1,326 1,323 Primary metal industries 1,265 1,351 1,357 1,388 Fabricated metal products --- 1,749 1,925 1,978 1,973 Machinery, except electrical .. . _ _ ... .._ ._ 1,656 1,906 1,968 1,988 Electrical machinery 1,135 1,333 1,458 1,501 Transportation equipment and ordnance, except motor vehicles 832 877 888 Motor vehicles and motor vehicle equipment . _ _ - _ _ . . __ . . . . 844 384 462 429 447 Instruments 422 437 433 437 Miscellaneous manufacturing industries 6,595 7,033 7,417 7,939 3,990 4,069 4,012 4,153 6,389 5,691 5,807 4,807 4,558 3,908 6,645 6,505 7,552 8,277 6,253 4,232 6,643 5,920 6,049 5,129 4,779 4,021 6,927 6,767 7,849 8,598 6,429 4,392 6,880 6,180 6,317 5,279 4,926 4,265 7,176 6,993 8,136 8,967 6,645 4,636 7,347 6,588 6,692 5,774 5,320 4,658 7,628 7,367 8,609 9,468 7,031 4,997 18,441 7,794 1,793 88 932 1,370 641 1,050 912 184 469 355 19,618 8,065 1,804 85 971 1,423 668 1,086 968 184 512 364 19,824 8,131 1,813 86 967 1,411 681 1, 114 1,005 183 517 354 20,177 8,292 1,812 84 1,002 1 427 692 1 133 1 035 188 559 360 6,902 4,714 5,098 6,279 7,545 6,684 7,284 6,654 7,994 8,243 7,013 5,178 7,149 4,922 5,280 6,551 7,833 6,921 7,635 6,743 8,303 8,328 7,270 5,387 7,369 5,162 5,455 6,779 7,873 7,141 7,830 7,071 8,477 8,475 7,539 5,663 7,880 5,660 5,847 7,241 8,468 7,633 8,302 7,508 8,855 9,586 7,892 6,043 10,647 698 450 647 1,304 1,281 1,793 1,659 1,138 845 386 446 11,553 699 485 659 1,353 1,370 1,972 1,909 1,336 878 431 461 11,693 671 473 646 1,328 1,378 2,025 1,971 1,462 833 449 457 11,885 679 491 652 1,325 1,408 2,020 1,991 1,505 889 464 461 All industries total 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 .- - -- -- - -- -- - - Transportation Railroad transportation. Local, surburban, 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 companies Security and commodity brokers Insurance carriers Insurance agents, brokers, and service _ _ Real estate Services Hotels a n d other lodging places. _ _ _ _ _ _ _ _ _ _ _ _ _ Personal services Miscellaneous business services _. _ Automobile repair, automobile services, and garages Miscellaneous repair servicesMotion 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 governmentCivilian-— Military. __ Government enterprises State and local General government _ Public education Nonschool Government enterprises Rest of the world Addendum: AH private industries ___ . __ _ - -_ 1965 1966 1968 1965 1966 1967 6,236 6,654 71,272 74,429 76,104 78,009 2,435 2,153 4,560 2,667 2,353 4,884 4,039 3,732 307 3,826 3,516 310 3,628 3,318 310 3,549 3,239 313 7,958 8,193 7,594 8,244 7,521 672 87 150 310 125 667 90 147 303 127 650 82 146 299 123 647 85 141 300 121 1967 1968 2,296 735 256 773 204 229 18 81 2,371 724 260 809 216 256 18 88 2,409 696 266 819 218 299 18 93 2,443 670 267 846 217 331 18 94 7,485 7,415 5,438 8,035 7,770 8,122 8,500 6,605 7,785 7,660 5,615 8,362 8,310 8,363 8,667 6,761 8,125 8,039 5,789 8,672 8,619 8,846 8,778 7,043 8,669 8,594 6,105 9,287 9,092 9,350 9,222 7,447 2,480 735 287 915 208 232 18 85 2,551 724 291 947 220 259 18 92 2,587 696 297 955 222 302 18 97 2,623 670 298 984 221 334 18 98 871 774 97 919 817 102 957 848 109 967 855 112 6,617 6,379 8,515 6,864 6,616 8,853 7,041 6,796 8,945 7,483 7,208 9,580 875 776 99 923 819 104 961 850 111 971 857 114 626 633 646 662 7,292 7,605 7,964 8,382 639 647 658 674 10,916 3,103 7,813 11,398 3,226 8,172 11,721 3,309 8,412 12,143 3,389 8,754 5,436 7,238 4,721 5,636 7,588 4,865 5,870 7,935 5,057 6,198 8,405 5,344 13,171 3, 358 9,813 13, 605 3 487 10, 118 13,935 3,561 10, 374 14,335 3,639 10, 696 2,768 768 289 104 843 192 572 2,839 800 297 114 859 196 573 2,944 844 301 126 895 200 578 3,081 890 310 155 924 204 598 6,055 5,568 6,965 11,548 6, 155 7,031 4,776 3,088 769 305 130 843 277 764 3,169 801 313 140 859 281 775 3,263 845 317 152 283 771 3,400 891 326 181 924 287 791 10,111 10,639 591 607 896 907 1,096 1,182 305 312 133 137 166 171 11 060 631 911 1,255 321 140 172 4,295 3,691 4,253 6,214 4,946 6,535 6 044 6,347 6,717 7,227 5,784 6,044 6,403 7,165 7,498 7,948 12, 807 14, 698 16, 232 6,430 6,730 7,113 7,383 7,845 8,314 4,946 5,145 5,548 4 514 4 765 5,067 3,822 4,026 4,235 4,422 4,653 4,899 6,383 6,626 6,916 5,141 5,442 5,819 6,947 7,380 7,793 6 265 6 433 6 802 11,763 704 1,424 1,144 456 300 173 12,271 722 1,482 1.255 465 304 179 12,806 732 1,488 1,353 483 295 185 13,230 756 1,493 1,426 492 298 186 9,671 566 871 989 296 127 160 895 338 2,094 182 933 1,175 464 1,476 348 2,254 187 988 1,218 503 1,426 359 2,428 194 1,055 1,272 528 1,487 369 2,607 202 1,102 1,321 567 1 462 4,893 3,736 5, 126 3 887 4 171 7,489 2 655 5,112 3,884 5,401 4 132 4 346 7 958 2 781 5,368 4,197 5,624 4 375 4 547 8,377 2 929 5,637 4,553 6,059 4 604 4,829 8,711 3 104 433 2,479 346 1,036 1,175 617 1,476 448 2,654 363 1,093 1,218 662 1,426 469 2,813 368 1,163 1,272 698 1,487 479 2,994 376 1,210 1,321 737 1,462 12,110 5,261 4,569 1,837 2,732 692 6,849 6,432 3,289 3,143 417 4 13,079 5,858 5,118 1,962 3,156 740 7,221 6,802 3,520 3 282 419 4 13,776 6,279 5,507 2,086 3,421 772 7,497 7,071 3,677 3 394 426 4 14,246 6 391 5 609 2,092 3,517 782 7 855 7,421 3,861 3 560 434 4 5,717 5 848 5,719 7,614 4,445 6,699 5 616 5,632 5,847 5 407 5 369 5,938 5 976 5 851 7 841 4,613 6,846 5 906 5 920 6,155 5 667 5 690 6,256 6 107 5 975 8,004 4,738 7,044 6 380 6,391 6,692 6 065 6 202 6,734 6 634 6,476 8,769 5,113 7,765 6,815 6,816 7,149 6 455 6,797 12,110 5,261 4,569 1,837 2,732 692 6,849 6, 432 3,289 3,143 417 13,079 5,858 5,118 1,962 3,156 740 7,221 6,802 3,520 3,282 419 13,776 6,279 5,507 2,086 3,421 772 7,497 7,071 3,677 3,394 426 14,246 6,391 5,609 2,092 3,517 782 7,855 7,421 3,861 3,560 434 9 000 9 500 10,000 10,500 4 4 4 4 59, 158 61, 346 62,324 63, 759 50, 742 53, 031 54,133 55, 619 5 708 5 974 6,230 6,634 July 1969 SURVEY OF CURRENT BUSINESS Table 6.7.—Supplements to Wages and Division [Millions of dollars] Salaries by Industry Table 6.10.—Inventory Valuation Adjustment by Industry Division [Millions of dollars] 1965 All industries, total 1966 1967 34,959 41,005 43,938 Agriculture, forestry, and fisheries- _ Mining Contract construction .. 163 474 1,961 M anuf acturing 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. _ 204 520 2 328 216 546 2,357 225 570 2 616 17 232 5 936 18 016 6 359 11, 657 19 720 6 930 12 790 1 836 765 676 2 134 868 740 2 221 965 782 2 434 1 020 849 2,195 5,200 2,564 6,005 4,823 2,345 2,788 7,023 7,945 9,046 28,954 33,982 35,993 39,538 3,126 All industries, total 48,584 11,296 3,994 2,030 1965 1968 5,200 9,660 14 860 Addendum: All private industries 1965 All industries, total 1966 62,142 64,477 15, 303 14, 659 15,254 14, 597 239 4,332 209 4,517 244 4,535 232 4,704 1,979 742 1 237 2,109 762 1 347 1,995 721 1,274 2,214 782 1,432 1,194 23 80 12,548 2,866 9,682 1,204 21 89 13, 167 3,019 10, 148 1,116 19 103 13,343 2,954 10, 389 1,222 19 100 13,404 3,021 10, 383 . Transportation.. _ Communication Electric, gas, and sanitary services Wholesale and retail trade Wholesale trade Retail trade. _ _._ . _ .... 3,965 17, 833 Finance, insurance, and real estate Ser vices. _ 4,054 19, 620 Table 6.9.—Noncorporate Capital Consumption Industry Division [Millions of dollars] 1965 All industries, total... 4,267 21, 217 1967 4 461 4,885 4,725 5 289 5 102 5 682 5 485 296 652 314 689 359 701 378 722 414 128 286 417 119 298 435 127 308 445 130 315 Transportation _ Communication _ Electric, gas, and sanitary services Wholesale and retail trade Wholesale trade Retail trade 599 14 125 1 765 378 1,387 585 15 132 1 798 396 1 402 580 21 142 1 841 415 1 426 598 23 149 1 878 425 1,453 Finance, insurance, and real estate Real estate Services 11,956 12 549 12 412 13 269 13 138 3 329 13 988 13 850 3 515 Manufacturing Nondurable goods Durable goods . __ __ 11 831 2 903 3*050 —24 —47 —19 —158 —870 —762 —881 —694 —483 —518 —1 687 —1 285 —11 -8 -33 —20 —27 —5 —37 —11 —78 —20 —45 —389 Mining Contract construction —1 —33 —289 0 -25 —723 —1 -76 M anuf acturing Wholesale and retail trade -23 —337 —20 -335 —11 —253 —60 -586 [Millions of dollars] All industries, total Agriculture, forestry, and fisheries ... _ Mining Contract construction _ _ _. _ _ _ . 1968 1965 1966 1967 18,217 21,387 24,696 27,964 1,839 45 210 2,073 42 230 2,360 60 252 2,573 79 245 861 386 475 1,498 650 848 2,489 988 1,501 3,220 1,410 1,810 727 454 1,440 758 544 1,573 853 667 1,798 962 786 2,097 685 10, 124 959 928 11,830 1,097 1,121 12,919 1,313 1,468 14,203 1,606 873 814 864 725 Manufacturing Nondurable goods Durable goods Wholesale and retail trade Finance insurance and real estate Services 4,635 __ —24 —54 -23 1968 27,378 _ 3 242 —16 —27 —380 -1 -19 Transportation. C ommunication Electric, gas, and sanitary services 25, 966 Mining Contract construction 3 965 1 124 Table 6.11.—Net Interest by Industry Division 4,556 22, 772 23,359 24, 434 Agriculture, forestry, and fisheries Farms 1 413 Electric, gas, and sanitary services Unincorporated enterprises, total Allowances by 1966 1968 1968 16, 698 16,085 Mining Contract construction 1967 — 1 717 — 1 784 Transportation Communication 3,491 1966 —2 097 —2 173 . Manufacturing Wholesale and retail trade 5,725 2,888 15, 440 _ .. 14, 837 57,633 61,688 Manufacturing . Nondurable goods Durable goods 1967 ._.. Corporations, total Mining Contract construction Table 6.8.—Income of Unincorporated Enterprises by Industry Division [Millions of dollars] Agriculture, forestry, and fisheries Farms... 41 Rest of the world Table 6.12.—Corporate Profits (Before Tax) and Inventory Valuation Adjustment by Broad Industry Groups [Billions of dollars] 1965 1966 1967 1968 I II 1967 1966 1965 III IV I II III IV I II 1968 III IV I II III IV 79.1 81.1 82.5 88.2 90.6 90.3 11.2 12.1 11.9 Seasonally adjusted at annual rates All industries, total ... Financial institutions Mutual Stock ._ 76.1 .. Nonfinancialcorporations. _ . M anuf acturing goods Digitized forNondurable FRASER Durable goods . http://fraser.stlouisfed.org/ Transportation, communication, and public utilities Federal Reserve Bank of St.. Louis A l l r t t V l o i . in*4ii«t»i~~ 82.4 79.2 87.9 73.1 74.4 76.5 80.3 81.5 82.1 82.5 83.7 78.3 78.3 8.7 2.0 6.7 9.7 2.1 7.7 10.5 2.0 8.5 11.5 2.1 9.4 8.1 8.4 8.8 9.6 9.4 9.7 9.9 10.1 10.2 10.3 10.5 10.8 11.0 67.4 39.3 16.6 22.8 72.7 42.6 18.6 24.0 68.8 39.0 18.1 20.9 76.4 44.4 19.9 24.5 65.1 38.0 16.1 21.9 66.1 38.4 16.2 22.2 67.7 39.4 16.7 22.7 70.7 41.5 17.2 24.2 72.1 42.6 18.3 24.4 72.4 42.3 18.5 23.8 72.6 42.5 18.7 23.7 73.6 42.9 18.7 24.2 68.1 39.2 18.2 21.0 68.0 38.8 17.9 20.8 68.6 38.3 18.0 20.4 70.3 39.5 18.3 21.2 71.6 41.1 19.1 22.0 76.9 44.9 19.8 25.1 78.5 45.4 20.4 25.0 78.5 46.2 20.4 25.8 11.1 11.9 10.8 11.6 10.6 10.9 11.3 11.8 11.9 12.1 11.9 11.9 10.9 10.7 10.8 10.9 11.3 11.5 12.0 U.6 SUEVEY OF CUERENT BUSINESS 42 Table 6.13.—Corporate Profits Before Tax by Industry Table 6.14.—Federal and State Corporate Profits Tax Liability by Industry [Millions of dollars] All industries, total Agriculture, forestry, and Mining fisheries ..- .. Metal mining Coal mining _ Crude petroleum and natural gas Mining and quarrying of nonmetallic minerals Contract construction Manufacturing Nondurable goods July 1909 Table 6.15.—Corporate Profits After Tax by Industry [MiUions of dollars] [Millions of dollars] 1965 1966 1967 1968 1965 77 787 84 224 80 337 91 137 201 242 109 111 1 053 1,076 718 817 225 169 434 225 363 169 300 244 1968 1965 1966 1967 32 995 41,316 46, 461 49, 943 47,342 87 106 102 138 22 5 181 231 789 822 537 586 150 130 337 172 274 114 240 194 1966 1967 31 326 34 281 99 104 264 254 75 39 97 53 89 55 60 50 1,477 1,710 1,882 2,059 515 614 706 900 962 1,096 1,176 1,159 43 460 39 450 46, 093 17, 182 18 790 16, 891 21, 879 23, 022 24, 670 22, 559 24, 214 17, 798 20, 252 6,957 8,838 10,841 11,414 11,718 12,800 714 649 2,459 2,515 16, 913 18, 751 6,683 7,569 10, 230 11, 182 2 981 644 1 131 640 3 382 672 1 093 795 1,377 320 501 265 1 599 335 487 305 1,604 324 630 375 1,783 337 606 490 Paper and allied products Printing publishing and allied industries Chemicals and allied products Petroleum refining and related industries 1 213 1 586 4 619 1 470 1 835 611 811 2 270 710 700 869 4,949 2,479 2,788 859 1,024 2, 679. 2,831 331 130 415 158 12,792 13,488 490 236 677 398 223 605 3,541 513 717 2 140 479 606 226 747 267 275 96 332 109 23, 291 24, 709 10, 499 11,221 664 422 1,164 3,348 561 425 1,048 3,790 174 186 487 1,300 163 202 443 1,488 2,048 2,302 2,005 2,439 4 646 3,177 1,066 2 274 1,524 1,124 2,100 1,391 2,372 2,658 881 1 847 1,267 1,363 6 190 1 124 406 1,446 5 243 1,440 494 655 2 953 534 215 667 2 476 686 232 708 2,218 2,332 849 939 534 159 555 163 657 127 536 220 211 61 204 73 253 49 206 93 521 167 119 518 167 107 196 71 33 226 67 45 4,251 4,743 1,956 2,204 3,916 335 4,377 1, 798 158 2,031 173 Electric, gas, and sanitary services 4,702 4,997 4,822 5,146 2,056 2,171 2,129 Wholesale and retail trade 8,830 9,267 9,811 11,208 3,312 3,516 3,717 3,805 5,025 4,119 5,148 1,515 1,797 1,619 1,897 10,025 11,208 4,426 4,906 5,277 5,849 2,278 1 550 268 635 112 1 296 202 1,075 2 135 263 1,143 1,556 1,937 3,267 Durable goods Lumber and wood products except furniture Furniture and fixtures Stone clav and glass products Primary metal industries TVTnnh' c a p QUCp _ - 3 9^7 Electrical machinery Transportation equipment and ordnance, except motor Motn h " "i diiu ~rf 1110101 t veiui/uj h"' IP prminment tor vemtieo q p A/f 11 *~V~~- •""^iie+rioc Transportation TA/Tr>f OPal ' ouuurudxi, <? h h h'~~h diiur\ iiignwdy pd,bt> PTlffPf A. • p Pipeline transportation Communication ~DaA' K ^1 tcitjgrdpn.- — . "Wholesale trade Retail trade Finance, insurance, and real estate Prpri't., ° A • V h irl d^ur\ oi/iicr th mvcbi 'n pstmpnt romnanies Doming y y Tn«j carne s Real estate j . •- Services - - -- 49, 821 40 204 Food and kindred products Tobacco manufactures Textile mill products Apparel and other fabricated textile products Rubber and miscellaneous plastic products Leather and leather products 1968 1 948 227 21,652 1,355 4,673 25,841 1,396 5,146 366 11,924 1,986 13,021 2,162 9,934 13, 041 3,237 1,373 1,653 779 2,767 590 191 754 262 1,369 1,393 323 98 351 90 404 78 330 127 325 96 86 292 100 62 2,295 2,539 2, 118 177 2,346 2,311 2,646 2,826 2,693 2,835 4,859 5,518 5,751 6,094 6,349 2,290 3,228 2,500 3,251 5,599 6,302 6,339 6,435 2,597 2,999 3,252 569 149 1,313 115 981 119 851 61 489 1,023 83 485 445 141 586 1,112 180 658 667 783 889 1,154 1,142 1,096 58 71 324 47 -6 171 420 56 105 182 489 50 641 2,214 5,585 844 747 2,631 6,586 1,066 193 34 236 688 94 163 253 813 97 40 65 268 38 54 106 62 129 15 67 16 86 39 39 46 43 71 273 114 306 68 106 80 101 3 167 34 205 Rest of the world 3 270 3,252 3,607 3,978 3,270 3,252 3,607 3,978 Addenda: Financial institutions Nonfi nancial corporations 8,694 9,738 10, 451 11,531 79,606 4,994 41,467 5,539 44,404 5,656 41,686 43,960 Hotels and other lodging places Personal services Anf/vmrtK'l • eS ^ Sel » C . o-nH crorafroo M[otion pictures Amusement and recreation services, except motion pictures - 69, 093 74, 486 69,886 3,700 ' 4,199 3u, vc>4 27,626 4,795 28,200 5,670 35,646 5,861 SURVEY OF CURRENT BUSINESS July 1969 Table 6.16.—Net Corporate Divided 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] 1965 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. . __ 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 43 1968 1967 1966 1965 1966 1967 1968 1965 1966 1967 19,808 20,797 21,475 23,130 26,653 29,146 25,867 26,691 36,406 39,515 42,618 82 75 78 82 20 63 -56 -77 270 307 365 798 972 927 970 -9 -150 -390 -384 1,029 129 53 552 64 183 38 681 70 21 77 -215 108 91 76 -441 124 209 164 753 932 933 907 1,025 1,186 1,261 1,377 13,241 16,665 17,933 19,405 20,937 6,089 8,583 9,138 9,516 10,205 9,889 10,732 4,065 4,379 243 252 38 174 618 199 1,115 9,389 10,090 10,266 10,973 13,633 14,580 4,477 4,943 5,025 5,325 5,753 6,239 5,816 775 221 173 88 820 226 190 117 829 103 457 287 963 111 416 373 1,501 61 453 142 1,708 66 487 167 346 297 1,263 1,154 360 299 1,402 1,357 354 572 1,216 1,634 499 725 1,277 1,474 740 490 1,905 2,888 778 530 1,962 3,002 112 48 129 43 219 82 286 115 347 56 376 62 5,147 5,241 5,648 6,477 7,880 8,341 8,082 8,795 344 181 396 1,358 283 172 336 1,571 343 108 705 1,983 343 114 727 2,148 7,152 Lumber and wood products except furniture Furniture and fixtures Stone clay and glass products Primary metal industries 146 55 281 690 115 51 269 731 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 295 673 561 366 733 656 829 1,427 830 1,007 1,639 997 740 1,363 826 778 1,431 950 288 1,637 213 73 270 1,604 267 85 420 1,600 377 118 509 1,163 487 177 490 1,048 326 150 535 1,248 375 146 780 806 589 587 3,332 3,768 Railroad transportation Local suburban and highway passenger Motor freight transportation and warehousing Water transportation 407 47 80 33 433 47 83 34 -84 51 271 57 -29 31 247 93 1,258 170 703 277 1,429 208 775 273 Air transportation Pipeline transportation Transportation services 77 105 31 70 110 29 248 -9 55 222 -10 33 602 169 153 748 173 162 949 1,027 2,072 2,299 1,956 116 2,167 132 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 . flanking Credit agencies, holding and other investment companies Security 8,nd cornTnodity brok'pr*' Insurance Cfirriprs 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 ^Miscellaneous professional services Rest of the world Addenda: Financial institutions Nonfinancial corporations 1,512 1,346 849 1,565 880 1,730 847 102 -135 894 -231 785 902 125 1,056 45,891 422 1,061 37 218 644 216 12,293 4,912 Transportation 1968 2,545 2,814 1,271 75 1,444 68 2,264 2,415 2,554 2,719 382 411 139 116 3,111 3,319 3,625 3,918 1,392 1,515 1,601 1,728 4,126 4,236 4,493 4,621 3,186 3,479 3,782 4,093 1,860 2,266 1,995 2,241 1,073 2,113 1,206 2,273 3,177 3,365 3,585 3,775 2,929 3,115 1,194 41,424 1,282 44,609 430 962 505 1,010 4,895 4,726 1,774 1,472 3,825 4,830 1,096 346 19 1,147 114 22 1,903 967 96 2,105 867 97 489 300 18 550 295 17 —142 49 406 —161 49 301 587 92 180 1,273 131 357 286 39 2,045 320 41 2,142 269 337 620 817 2,539 2,744 37 34 91 24 33 43 124 30 -43 137 329 32 72 139 365 20 372 206 692 686 389 234 746 755 5 9 14 34 41 37 29 30 156 30 175 37 43 33 51 -34 124 1 154 262 135 264 151 981 35,425 1,083 38,432 1,444 437 1,709 469 705 627 1,505 1,439 1,511 1,618 1,765 1,813 2,096 2,360 1,422 18,386 1,156 19,641 890 20,585 1,132 21,998 3,572 23,081 4,383 24,763 4,766 21,101 4,729 21,962 SUEVEY OF CUEEENT BUSINESS 44 July 1969 Table 6.19.—Corporate Sales by Industry1 [Millions of dollars] 1965 1966 1967 1968 1965 1,058,926 1,158,265 1,205,418 1,314,656 All industries, total 8,203 8,932 9,491 11,903 13,890 12,825 14,557 2,345 2,578 4,558 2,422 2,839 3,208 5,276 2,567 55,696 61,850 67,034 502,982 557,318 572,327 627,204 253,273 277,517 284,680 307,161 Food and kindred products ._ Tobacco manufactures Textile mill products Apparel and other fabricated textile products. _ Paper and allied products _ 75,288 5,559 17,474 17,322 15,001 85,209 5,698 18, 523 19, 249 16, 244 Printing, publishing, and allied industries Chemicals and allied products Petroleum refining and related industries Rubber and miscellaneous plastic products Leather and leather products 18, 477 40, 222 48, 737 10, 401 4,792 19, 976 43, 584 52,484 11, 119 5,431 249,709 279,801 Lumber and wood products, except furniture . Furniture and fixtures Stone, clay and glass products Primary metal industries Fabricated metal products 10, 556 7,021 12,936 37, 767 28, 252 9,900 7,305 13, 035 42, 079 31, 376 Machinery, except electrical Electrical machinery Transportation equipment and ordnance, except motor vehicles Motor vehicles and motor vehicle equipment . 38, 578 33, 777 44,476 39, 844 22, 330 42, 757 24, 427 49, 712 Mining Metal mining -Coal mining Crude petroleum and natural gas Mining and quarrying of nonmetallic minerals. _ _ Contract construction __ __ -- _ _ Manufacturing Nondurable goods Durable goods - 1968 44,185 47,773 24,544 26,659 Durable goods— Continued Instruments Miscellaneous manufacturing industries Transportation 9,645 8,002 39,491 42,841 11,658 2,268 12,805 3,428 12,211 2,117 14,091 3,667 Air transportation Pipeline transportation Transportation services 5,779 1,210 2,343 6,686 1,307 2,762 Communication Telephone and telegraph _._ _ Radio broadcasting and television __. Electric, gas, and sanitary services Wholesale and retail trade Wholesale trade. Retail trade 320,043 8,245 7,490 Railroad transportation Local, suburban, and highway passenger Motor freight transportation and warehousing-Water transportation - 72,303 287,647 1967 Manufacturing— Continued 7,186 Agriculture, forestry, and fisheries 1966 _- 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 21,066 23,343 18,391 2,675 20,466 2,877 25,882 28,022 29,972 32,439 358,173 381,613 400,599 434,398 172,782 185,391 182,944 198,669 36,547 41,185 45,000 49,832 3,785 4,283 13, 013 4,074 4,871 14, 752 2,909 1,157 2,907 3,471 1,289 3,556 3,028 5,465 3,323 5,849 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] 1 1965 1966 1967 1968 Excess of Receipts Expendi- receipts or tures expenditures (-) Excess of Receipts Expend- receipts or itures expenditures (-) Excess of Receipts Expendi- receipts or tures expenditures (-) Excess of Receipts Expend- receipts or expenditures itures (-) Persons: 1 2 3 4 5 Disposable personal income Less: Interest paid by consumers and person 9.1 transfers jo foreigners Disposable personal income excluding interest paid by consumers and personal transfers to foreigners Personal consumption expenditures Personal saving 473.2 511.9 546.5 590.0 12.0 13.0 13.9 15.0 461.3 432.8 498 9 28.4 466.3 532.6 32.5 492.3 575.0 40.4 536.6 38.4 Business: 6 7 8 Gross retailed ^arnjjngs Gross private domestic investment- . Excess of investment (—)..- . 84 7 108.1 91 3 -23.4 121.4 93 3 -30.1 96.7 116.0 126.3 -22.7 -29.6 Government: q 10 11 1? 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 189.1 49.9 139.2 213 3 55.5 157 9 137.0 228.4 62.8 165.6 156.8 180.1 1i 22 264.2 70.6 193.6 200.3 -6.7 -14.5 Foreign: 14 15 16 Net transfers to foreigners Net exports. Net foreign investment 17 Statistical discrepancy -3.1 18 Gross national product 684.9 2.8 6.9 2.8 —4 1 —3 1 684 9 5.3 — 1.0 749 9 3.0 —2 4 —1 0 749 9 5.2 —1 0 793 5 2.9 —1.0 793.5 2.5 -2.2 865.7 .3 -2.5 -2.5 865.7 SURVEY OF CURRENT BUSINESS July 1969 45 Table 7.2.—Monetary and Imputed Interest [Billions of dollars] 3§ 1 9 1965 Net interest (component of national income) Originating in private business 4 Monetary interest paid Imputed interest paid f> fi 3 7 8 q . __ __ __ _ 1966 1967 1968 18.2 21.4 24.7 28.0 17.3 20.6 23.8 27.2 48.3 19.9 55.8 21.8 62.4 23.6 70.7 26.4 Less* Monetary interest received Imputed interest received 46.6 4.3 52.3 4.7 57.3 4.9 64.5 5.4 Originating in the rest of the world .9 .8 .9 .7 1.5 .6 1.7 .9 1.9 1.0 2.2 1.4 Monetary interest received from abroad Less: Monetary interest paid to abroad ._ -_ 1965 3 Personal interest income (component of personal income) __ 10 Net interest (component of national income) Monetary interest paid by consumers Net interest paid by government 11 12 13 1966 1967 1968 38.7 43 6 48 3 54 1 18.2 11.3 9.2 21.4 12 4 9.8 24.7 13 1 10 4 28.0 14 2 11 9 99 0 Addenda: 14 Monetary interest paid net of interest received by government (3+8+12+13) 70 3 79 7 87 9 15 Gross interest paid by government 12.7 14.0 15 2 17 3 16 Monetary interest paid (3+8+12+15) 73.8 83.9 92.6 104.4 Table 7.3.—Imputations Included in National Income and Product Accounts [Billions of dollars] 3 1 9 Gross national product Imputations included, net (51+56+62+69+70+71 +72) Excluding imputations (1 — 2) 1965 1966 1967 684.9 749.9 793.5 1 1968 A 54.0 695 9 57.8 735 7 62.4 803 3 432.8 466.3 492.3 536.6 ^ 6 Personal consumption expenditures ... . Imputations included, net (51+56+62+69+70 _|_71+72_67-68) Excluding imputations (4—5) 25.4 407.4 32.3 434.0 34.1 458.2 36.8 499.8 7 8 9 Gross private domestic investment ._ Imputations included, net (67+68) Excluding imputations (7—8) 108.1 24.2 83.9 121.4 21.6 99.8 116.0 23.7 92.3 126.3 25.6 100.7 73.3 10.0 63.3 4 _ 10 11 1? Capital consumption allowances. Imputations included, net (52+57+63) Excluding imputations (10—11) 59.8 63.9 68.6 51.3 54.9 59.1 13 14 15 Indirect business taxes Imputations included, net (53+64) _ . Excluding imputations (13— 14) 62.5 65 7 70.1 54.4 57.0 60.6 8.5 9.0 8.1 8.7 9.5 9.5 77.9 10.6 67.3 39 42 485.8 529.7 11.3 -11.6 22.9 12.4 -12.6 25.0 13.1 -13.7 26.8 14.2 -15.0 29.2 28.4 15.7 12.7 32.5 12.6 19.9 40.4 14.2 26.2 38.4 15.6 22.8 41.7 11.0 10.6 6.9 7.9 44.4 5.2 39.2 7.2 8.5 12.0 11.4 47.1 5.2 41.8 7.6 9.3 12.9 12.0 50.8 6.1 44.7 8.0 10.4 14.1 12.2 21.9 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) 1.8 .8 1.9 .8 .5 2.0 .7 .5 2.1 .7 .4 2.1 .6 .2 .2 1.0 2.2 .7 .2 .3 1.0 2.2 .7 .2 .3 1.0 2.3 .7 .2 .3 1.1 20.4 3.8 17.6 4.1 19.7 4.0 21.6 4.0 7.6 2.0 .1 .1 8.6 2.3 .2 .2 9.3 2.5 .2 .2 10.7 2.5 .2 .2 ?,?, Proprietors' income Imputations included, net (66) Excluding imputations (22— 23) _ . 57.3 61.3 61.9 63.8 56.3 60.3 60.9 62.7 ?5 ?fi 97 Rental income of persons _ _ Imputations included, net (55) Excluding imputations (25—26) 19.0 10.6 20.0 11.4 20.8 12.0 21.2 12.2 98 ?9 30 Net interest Imputations included, net (54+58+65+69) Excluding imputations (28—29) 18.2 19.2 —1.0 21.4 21.2 24.7 23.0 28 0 25.7 538.9 587.2 629.4 687.9 3? 33 Imputations included, net (55+66+69+70+71+72) . 21.4 Excluding imputations (31—32) 517.5 23.6 563.6 25.1 604.3 26.9 661.0 67 68 69 34 3ft 36 Personal tax and nontax payments Imputations included, net ( — 53 — 64) Excluding imputations (34—35) 75.4 —8 7 84.1 82.9 —9.5 92.4 97.9 —10 6 108.5 70 71 72 65.7 —8 1 73.8 459.6 20.4 59 60 61 62 465.0 2.9 462.1 2.3 19.7 1.8 1.3 .5 423.5 2.8 420.7 1.7 551 6 13.9 430.9 1.6 1.2 .4 394.5 2.6 391.9 .2 506 2 1.5 1.1 .4 358.9 2.2 356.7 Personal income 479.3 1.3 1.0 .3 Wages and salaries Imputations included, net (70+71+72) . . Excluding imputations (19—20) 31 444.8 37 5 Space rental value, institutional buildings Capital consumption allowances Interest 19 W ?,1 9.0 552.5 56 57 58 18 8.8 479.6 50 51 52 53 54 55 41.8 672.6 8.6 590.0 34 6 511.9 Specific imputations 714.4 8.4 546.5 32 3 Space rental value, owner-occupied nonfarm dwellings Less: Associated purchases of goods and services Equals: Imputations included in GNP, net (49—50) Capital consumption allowances Taxes Interest Net rent (51-52-53-54).. 38.8 615.2 _ . 511.9 29.6 443.6 49 654.0 1.1 473.2 1968 Personal saving Imputations included, net (67+68-52-57-63) Excluding imputations (46— 47) 36.3 584.3 1.0 1967 46 47 48 620.6 1.0 Interest paid by consumers Imputations included, net (—54—58—65) Excluding imputations (43—44) 43 44 45 33.0 531.3 1.0 Personal outlays Imputations included, net (52+53+55+57+63 +64+66+69+70+71+72-67-68) Excluding imputations (40— 41) 40 41 564.3 ?3 ?4 Disposable personal income Imputations included, net (53+55+64+66+69 _f_70_|_71_}_72) Excluding imputations (37—38) . - 37 38 National income Imputations included, net (54+55+58+65+66 +69_}_70-f7i-}-72) Excluding imputations (16—17) . . 16 17 1966 Personal income— Continued 865.7 49.6 635.3 3 1965 63 64 65 66 Owner-occupied dwellings, net purchases Institutional buildings, net purchases Services furnished without payment by financial intermediaries. . .. Food furnished employees Standard clothing issued to military personnel Employees' lodging 5.3 36.4 .6 Table 7.4.—Corporate Profits and Inventory Valuation Adjustment: Not Seasonally Adjusted [Billions of dollars] 1965 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 58 19 67 1966 III IV I II III IV I II III IV 17.4 19.4 18 5 20 8 19 5 21.2 20.0 21.8 18.6 20.2 19.1 21.3 19.7 22.7 21.9 23.6 17 7 71 10 6 —.4 20 0 80 11 9 —.5 18 8 7 6 11 2 —.3 21 3 86 12 7 -.5 20 1 8 2 12 0 -.7 21 8 89 13 0 -.6 20 7 85 12 2 —.7 21 5 88 12 8 .2 18 7 7 7 11 0 -.1 20 5 85 12 0 -.2 19 1 79 11 3 -.1 22 0 9 0 13 0 -.7 21.2 9.6 11.6 -1.5 23.4 10.6 12.8 -.7 22.1 10.0 12.0 -.2 24.5 11.1 13.4 -.9 SURVEY OF CURRENT BUSINESS 46 July 1969 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] 8 J3 1 Compiled net profit —IRS l 2 T 1963 1964 1965 55,599 63,059 74,740 1966 560 644 84 19 1 582 1,905 1 297 2 053 1 64 2 20 503 20 ?1 Less: U.S. tax credits claimed for foreign taxes paidInvestment tax credit 1,915 1,105 2,270 1,318 2,616 1 716 2,86 2,001 m Equals : Federal and State income and excess profits tax liability— National income and product accounts 26,324 28 345 31 326 34 28 296 257 70 -87 Oil well bonus payments written off 437 418 488 State income taxes on corporations _ _ Income of Federal Keserve banks, Federal home loan banks and Federal land banks 1,684 1,905 2,053 2,209 1 037 1 228 1 453 1 819 Adjustment for insurance carriers and mutual depositary institutions Bad debt adjustment - _- -- 205 2,129 241 2,377 344 2,434 422 2,139 18 Profits after tax— National income and product accounts (line 15 less line 22) 33,077 38,444 46,461 49,94 ?4 Dividends paid in cash or assets—IRS 21,202 23,305 25,998 27,03 Plus: Dividends paid by Federal Reserve banks and Federal land banks U.S. receipts of dividends from abroad, net of payments to abroad.. _ _ 3,752 4,122 5,431 5,616 25 3,448 4,022 4,521 4,435 ">fi 4,694 5,842 5,799 6,225 13 Costs of trading or issuing corporate securities 272 306 428 591 14 Plus: Income received from equities in foreign corporations and branches by all U.S. residents, net of corresponding outflows 1? 15 Equals: Profits before taxes— National income and product accounts 2,547 59,401 3,109 66,789 3,252 3,270 84,224 77,787 26,283 27 886 23 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). 10 11 34 44 879 1,684 Oil well drilling costs in excess of depreciation on oil wells --- 8 31 664 498 5 680 3,861 q 1966 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. __ 5 445 3,669 7 1965 Federal income and excess profits taxes—IRS 5 030 3,457 fi 1964 16 4 575 3,058 ^ 1963 17 81,293 Plus: Posttabulation amendments and revisions, including allowance for audit profits and gross renegotiation refunds Depletion on domestic minerals _ 4 s 3 42 47 50 5 1,017 1,340 1,505 1,43 5,274 6,265 6,742 6,32( 533 616 1,003 1,40 28 Less: Dividends received by U.S. corporations Capital gains distributions of investment companies ___ . _ _ _. __ _. 29 Equals: Net dividends— National income and product accounts _ . _. _ . .__ 16,454 17,811 19,808 20,79 30 Undistributed profits— National income and product accounts (line 23 less line 29) 16,623 20,633 26,653 29,14 7? i Beginning 1963, equals total receipts less total deductions. Table 7.6.—Selected Per Capita Income and Product Series in Current and Constant Dollars Millions 1958 dollars Current dollars Personal consumption expenditures Year Population i 1929 . 121.9 Gross national product Personal income Disposable personal income Total Durable goods Nondurable goods Services 76 309 249 134 569 443 233 210 178 160 162 1,490 1,364 1,154 1,126 1,220 105 90 67 66 74 535 528 483 466 494 418 398 367 366 364 230 256 273 261 268 167 177 189 187 191 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 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 68 640 674 677 685 703 412 422 434 452 467 855 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 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 1,575 229 204 196 221 218 752 755 770 780 773 530 550 559 571 584 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 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 3,520 3,808 3,985 4,304 2,769 2,982 3,161 3,420 2,432 2,599 2,745 2,933 2,224 2,368 2,472 2,668 341 359 367 414 982 1,051 1,080 1,146 902 958 1,026 1,107 3,175 3,342 3,388 3,518 2,545 2,674 2,763 2,884 2,235 2,331 2,399 2,474 2,044 2,123 2,161 2,250 342 364 365 401 918 950 956 979 784 810 840 870 127.4 128.2 129.0 130.0 131.0 567 643 701 651 691 474 535 575 526 555 459 518 552 504 537 437 483 516 492 510 40 49 54 44 51 132.1 133.4 134.9 136.7 138.4 754 934 1,171 1,401 1,518 593 719 911 1,106 1,194 573 695 867 976 1,057 536 604 656 726 782 139.9 141.4 144.1 146.6 149.2 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 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 1955 1956 1957 1958 1959 165.3 168.2 171.3 174.1 177.1 2,408 2,492 2,576 2,569 2,731 180.7 183.8 186.7 189.4 192.1 194.6 196.9 199.1 201.2 1960 . 1961 1962 1963 1964... _ 1965 1966. 1967.... 1968. 1. U.S. population, including Armed Forces abroad. Services 1,059 1,016 919 897 934 276 233 182 177 211 -. Nondurable goods 1,145 58 44 29 28 33 1945 1946 1947 1948 1949 Durable goods 1,236 567 487 389 364 406 1940 1941 1942 1943 1944 Total 1,128 1,077 921 893 952 634 605 516 390 362 414 - Personal consumption expenditures 1,274 683 625 531 401 374 427 1935 1936 1937 1938 1939 Disposable personal income 1,167 1,108 949 921 981 705 734 611 465 442 514 - Personal income 1,671 846 123.2 124.1 124.9 125.7 126.5 1930 1931 1932 1933 1934 Gross national product SUKVEY OF CURKENT BUSINESS July 1969 47 8.—Implicit Price Deflators Table 8.1.—Implicit Price Deflators for Gross National Product [Index numbers, 1988=100] 1965 1965 1966 1967 1968 I II 1966 III IV I II 1967 IV III I 1968 II III IV I II III IV 124.2 Seasonally adjusted 110.9 113.9 117.6 122.3 110.2 110.7 111.0 111.5 112.4 113.5 114.5 115.4 116.2 116.9 118.1 119.4 120.5 121.7 122.9 Personal consumption expenditures. 108.8 111.5 114.4 118.6 108.2 108.8 109.0 109.3 110.2 111.3 111.9 112.8 113.3 113.8 114.8 115.7 116.8 118.1 118.9 120.4 103.3 117.1 127.3 100.4 105.9 114.4 100.1 106.6 114.9 99.2 107.2 115.3 98.8 107.9 115.7 98.0 109.4 116.8 98.5 110.4 117.9 98.7 111.1 118.7 99.5 111.8 119.8 99.6 112.1 120.6 99.5 112.5 121.5 100.5 113.4 122.5 101.7 114.0 123.7 102.3 115.3 125.2 102.9 116.7 126.6 103.4 117.5 127.9 104.5 118.8 129.5 Gross national product Durable goods Nondurable goods. Services - 99.6 106.9 115.1 98.7 110.7 118.3 100.3 113.0 122.1 Fixed investment 109.3 111.8 115.7 120.0 108.6 109.0 109.4 110.1 110.4 111.3 112.2 113.1 113.8 114.6 116.6 117.7 118.0 119.6 120.8 121.7 Nonresidential 107.5 110.2 113.7 117.1 106.8 107.3 107.6 108.4 108.7 109.6 110.6 111.7 112.4 112.9 114.2 115.2 115.7 116.7 117.6 118.4 114.7 118.9 123.6 129.3 112.9 113.8 115.2 116.5 117.0 118.4 119.7 120.6 121.8 122.8 124.6 125.5 126.5 128.7 130.6 131.4 103.9 106.0 109.2 111.9 103.8 103.9 103.8 104.2 104.4 105.4 106.3 107.7 107.9 108.6 109.7 110.8 110.9 111.6 112.1 113.0 114.2 117.4 123.1 129.7 113.3 113.7 114.6 115.2 115.9 117.0 118.1 119.0 119.7 121.4 124.8 125.6 126.0 128.7 131.5 132.4 114.3 110.1 117.4 116.1 123.1 122.8 129.8 125.9 113.4 109.7 113.7 109.3 114.7 109.9 115.3 111.8 115.9 113.8 117.0 114.7 118.2 117.0 119.0 119.0 119.7 120.4 121.4 122.2 124.9 123.9 125.7 124.7 126.0 125.4 128.7 126.1 131.6 126.2 132.5 126.1 104.7 103.4 107.7 105.6 109.7 106.5 110.9 107.6 104.4 102.6 104.6 102.2 104.9 103.9 104.7 104.7 105.6 104.4 106.9 105.6 108.5 105.9 109.9 106.4 109.7 106.9 109.6 106.3 109.7 106.8 109.8 105.9 108.9 106.7 112.1 107.8 111.3 107.5 111.3 108.2 119.4 124.0 128.7 135.0 118.0 118.9 119.8 121.1 121.9 123.4 124.9 125.5 126.6 127.4 129.2 131.5 132.8 133.3 136.2 137.6 115.5 123.5 118.8 129.4 121.3 137.1 126.2 145.0 114.2 121.8 114.5 123.1 115.5 124.2 117.6 124.7 117.4 126.6 118.5 128.5 119.6 130.6 119.7 131.9 120.5 133.4 120.3 135.6 121.0 138.7 123.5 140.7 124.5 142.3 124.5 143.4 127.4 146.2 128.3 148.1 Gross private domestic investment- - Structures Producers' durable ment . Residential structures Nonfarm Farm ._ equip- . Change in business inventories Net exports of goods and services Exports 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] 1965 1965 1966 1967 1968 I II 1966 III IV I II 1967 III IV I 1968 II III IV I II III IV Seasonally adjusted Gross national product Goods output Durable goods Nondurable goods 110.9 113.9 117.6 122.3 110.2 110.7 111.0 111.5 112.4 113.5 114.5 115.4 116.2 116.9 118.1 119.4 120.5 121.7 122.9 124.2 105.0 107.4 109.9 113.0 104.6 105.6 105.0 105.3 106.1 107.0 107.8 108.6 109.0 109.3 110.1 111.1 111.8 112.7 113.4 114.2 102.3 106.9 103.3 110.5 105.9 112.7 108.5 116.4 102.5 106.1 102.6 106.7 102.0 107.1 102.0 107.7 101.9 109.1 102.8 110.1 103.5 111.1 104.7 111.6 104.9 111.9 105.1 112.3 106.0 113.1 107.4 113.7 107.5 114.9 108.2 116.1 108.7 116.8 109.7 117.7 Services . .. 118.5 122.3 127.2 133.7 117.5 118.0 118.7 119.5 120.5 121.8 122.9 124.0 125.2 126.4 127.5 129.5 131.2 132.7 134.6 136.4 Structures _ , . 114.7 119.3 124.6 131.2 113.2 114.2 115.3 116.1 117.1 118.7 120.4 121.2 122.1 123.3 126.1 127.0 127.8 130.0 132.9 134.1 99.9 98.0 99.7 102.5 101.1 100.5 99.0 99.2 97.5 .98.0 97.7 98.7 97.9 98.3 100.6 101.7 101.9 101.9 102.3 103.6 Addendum : Gross auto product SURVEY OF CURRENT BUSINESS 48 Table 8.3.—Implicit Price Deflators for Gross National Product by Major Type of Product and Purchaser July 1969 Table 8.5.—Implicit Price Deflators for Gross Farm Product [Index numbers, 1958 = 100] [Index numbers, 1958=1001 1965 Durable goods .. . Personal consumption expenditures Producers' durable equipment ... Government purchases Net exports .. _ . Personal consumption expenditures Government purchases ._ ... 100.3 108.1 103 3 105.4 110.9 113.9 117.6 122.3 Cash receipts from farm marketings and CCC loans 99.2 107.1 101.9 103.8 102.3 103.3 105.9 108.5 Farm products consumed directly in farm households 101.2 111.9 107.3 114.3 99.6 103.9 98.7 106.0 100.3 109.2 103.3 111.9 Change in farm inventories 104.4 107.0 110.3 112.9 1968 106.9 110.5 112.7 116.4 106.9 100.1 110.7 103.7 113.0 106.3 117.1 105. 2 Net exports Change in business inventories Services Personal consumption expenditures Government purchases Net exports . . . 1968 1967 Change in business inventories Nondurable goods 1967 1966 Total value of farm output Gross national product 1966 1965 118.5 122.3 127.2 133.7 115.1 127.9 118.3 132.3 122.1 139.0 127.3 149.1 _. ..... . Gross rental value of farm homes 122.5 126.5 133.0 140.8 Less: Value of intermediate products consumed, totalIntermediate products consumed, other than rents . ... Gross rents paid to nonfarm landlords (excluding operating expenses) 101.1 104.7 103.8 103.9 103.9 100.8 104.5 103.9 103.7 106.3 102.6 104.3 Plus: Other items 99.7 111.2 102.9 106.8 Equals : Gross farm product 99.7 111.2 102.9 106.8 .. Structures Private structures. Government structures 114.7 119.3 124.6 131.2 114.4 115.4 118.2 121.9 123.4 127.3 129.5 135. 0 Table 8.4.—Implicit Price Deflators for Gross National Product by Sector [Index numbers, 1958=100] 1965 1965 1966 1967 1968 I II 1966 III IV I II 1967 III IV I 1968 II III IV I II III r Seasonally adjusted 110.9 113.9 117.6 122.3 110.2 110.7 111.0 111.5 112.4 113.5 114.5 115.4 116.2 116.9 118.1 119.4 120.5 121.7 122.9 124.2 108.8 111.6 114.8 118.9 108.2 108.8 109.0 109.3 110.1 111.2 112.0 112.9 113.5 114.1 115.2 116.3 117.2 118.4 119.4 120.6 Business _. 108.3 110.9 114.0 118.0 107.7 108.2 108.4 108.8 109.5 110.5 111.4 112.3 112.7 113.3 114.5 115.5 116.3 117.5 118.5 119.7 Nonfarm Farm 108.7 99.7 110.9 111.2 114.5 102.9 118.4 106.8 108.4 93.9 108.6 99.5 108.7 102.5 109.0 103.0 109.4 112.2 110.5 111.2 111.3 113.7 112.5 107.7 113.2 102.1 113.8 101.9 114.9 103.4 116.0 104.2 116.8 103.7 117.8 108.0 118.9 107.8 120.1 107.9 131.7 138.1 147.2 158.6 133.5 140.3 148.1 159.4 131.4 132.3 134.0 136.4 138.2 139.4 141.5 142.0 144.5 146.5 148.4 153.1 155.7 156.9 161.3 163.6 Gross national product Private Households and institutions General government .... .. SUEVEY OF CUEKENT BUSINESS July 1968 Table 8.6.—Implicit Price Deflators for Personal Consumption Expenditures by Type of Product [Index numbers, 1958=100] Personal consumption expenditures 1 Durable goods _ 1965 1966 1967 108.8 111.5 114.4 99.6 Autos and parts 99.7 New cars and net purchases of used cars Tires, tubes, accessories, and parts . 100.2 95.3 98.4 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 103.8 87.6 104.1 97.7 Furniture and household equipment _ . 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 footwearWomen's and children's clothing and accessories Men's and boys' clothing and accessories, and standard clothing issued to military personnel Gasoline and oil 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, in 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 97.9 98.1 96.1 100.3 99.6 Table 8.7.—Implicit Price Deflators for Purchases of Structures by Type [Index numbers, 1958=100] 1965 1968 118.6 103.3 102.6 99.7 98.7 102.6 102.3 98.2 99.7 102.7 106.8 86.2 111.5 87.0 117.7 88.8 106.3 109.0 114.0 94.0 92.9 93.1 102.9 102.3 104.3 107.0 113.0 116.1 121.8 125.7 102.5 102.4 103.1 103.9 106.9 110.7 113.0 117.1 Total structures 1966 1967 1968 114.7 119 3 124.6 131 0 114.4 118.2 123.4 129.5 114.2 117.4 123.1 129.7 New construction... Nonfarm buildings Farm buildings. . 114.2 114.3 110.1 117.4 117.4 115.9 123.1 123.1 122.7 129.7 129.8 126.1 Brokers' commissions on sale of structures Net purchases of used structures 114.2 114 1 117.6 117 6 122.8 122 5 129.7 129 9 114.7 118.9 123A6 129.3 114.7 119 4 113.6 123.0 118.9 123 9 117.5 127.7 123.7 128 8 121.1 132.4 129.3 136 1 127.0 139.3 121.1 127.9 134.2 142.3 109.6 102.3 109.2 107.7 116.6 107.0 108.7 113.9 107.2 114.0 111.4 120.5 113.6 113.0 119.3 111.1 123.3 115.5 125.0 117.9 116.9 123.2 95.7 126.8 95.8 131.5 95.8 138.4 96.0 145.8 116.4 118.8 120.7 124.5 125.6 128.7 132.0 136.7 115.5 122.0 127.6 134.3 Private structures. . Residential structures Nonresidential structures .. .. New construction Nonresidential buildings, excluding farm Industrial Commercial Religious, educational, hospital and institutional, and other Public utilities. _ Railroads Telephone and telegraph.. . Electric light and power Gas Other.. . . . . Farm Petroleum and natural gas well drilling and exploration _ All other private construction . _ 125.8 107.2 112.3 113.3 116.9 105.5 115.0 110.5 119.4 110.6 124.4 113.8 129.6 101.4 107.2 107.2 111.2 112.8 109.2 113.5 113.7 110.9 115.0 117.5 113.0 107.4 110.7 115.6 122.3 112.9 105.3 119.7 107.8 125.8 112.6 132.6 119.3 New construction 115.5 122.1 127.7 134.4 108.6 111.9 116.3 123.1 106.2 108.4 111.8 113.6 106.3 107.8 110.4 114.3 117.4 101.8 105.3 122.3 100.8 106.5 127.1 102.4 110.7 133.7 105.5 11:7.9 Buildings, excluding military Residential Industrial Educational Hospital Other public buildings 120.5 116.9 112.9 120.2 120.1 121.4 127.0 121.7 117.1 127.7 127.8 128.8 133.3 129.1 120.5 134.1 134.3 134.7 140.9 138.1 126.4 141.9 141.9 142.3 101.0 106.7 97.7 101.3 102.6 109.4 98.0 100.3 105.6 112.7 97.5 101.6 108.5 116.3 97.7 105.5 105. 3 115.9 125.6 123.4 127.0 127.5 116.7 112.9 121.1 131.4 128.6 131.8 131.9 123.3 117.2 125.6 137.8 134.5 137.2 137.6 130.9 122.8 131.8 145.0 141.7 145.8 145.3 136.3 115.1 118.3 122.1 127.3 109.4 111.0 113.1 116.0 108.8 110.3 112.3 115.0 108.8 122.5 110.3 126.5 112.3 133.0 115.0 140.8 110.2 110.8 113.1 115.7 102.1 112.3 121.2 102.8 126.8 102.1 113.0 125.2 100.7 133.5 103.0 112.8 128.6 102.0 142.8 103.9 113.9 134.4 102.0 155.6 114.9 119.0 122.6 127.7 113.3 125.4 124.3 111.7 102.1 110.8 114.7 118.7 130.9 129.7 109.6 102.1 112.6 110.6 122.6 139.3 138.9 109.0 102.3 117.2 108.4 128.1 146.3 146.9 112.2 108.4 123.2 110.8 122.5 128.3 134.2 142.7 116.5 117.2 117.5 119.1 115.7 118.4 125.7 125.3 119.9 121.1 123.9 132.4 132.4 123.8 127.7 129.4 142.3 141.8 129.9 133.4 136.5 152.3 149.9 137.1 122.5 144.2 130.9 153.0 134.3 162.9 148.4 178.4 1. Totals and subtotals include items not shown separately. 98.7 49 Brokers' commissions on sale of structures Net purchases of used structures Public structures Highways and streets Military facilities Conservation and development-Other public construction Sewer systems Water supply facilities. Miscellaneous public construction _ . ... . 120.2 Table 8.8.—Implicit Price Deflators for Private Purchases of Producers' Durable Equipment by Type [Index numbers, 1958=100] 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) __ _ _ Agricultural machinery (except tractors) Construction machinery Mining and oilfield machinery Metalworking machinery _ 1968 1966 103.9 106.0 109.2 111.9 104.0 106.0 109.3 111.9 103.2 104.7 106.7 109.5 105.8 109.2 108.8 113.0 110.2 100.2 112.6 96.8 103.9 106.0 109.2 111.9 103.2 101.4 95.9 115.9 105.2 105.0 97.8 119.1 110.2 107.4 102.1 122.1 114.4 110.2 105.9 128.5 115.9 112.6 _ _ __ . _. 107.2 114.2 119.6 116.2 109.2 119.7 123.5 120.1 112.7 124.4 128.2 126.4 118.3 129.8 115.0 119.4 124.5 125.2 107.8 103.1 99.5 98.2 111.6 103.6 101.8 100.3 115.5 104.8 104.2 104.0 119.4 105.6 107.4 108.1 95.3 100.9 99 2 99.5 98.9 105.0 102.3 104.2 107.7 95.3 98.2 102.6 99.5 100.1 97.0 108.5 104.2 104.7 110.6 96.8 102.5 106.4 100.7 102.1 98.5 111.6 106.9 106.9 113.3 98.8 105.6 112.2 100.9 105.2 101.4 114.0 107.1 110.3 113.6 101.5 Total excluding scrap deduction Furniture a n df i x t u r e s_ _ Fabricated metal products Engines and turbines Tractors 1967 1965 . _ _. Special-industry machinery, n.e.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, a n d truck trailers _____ Passenger cars _ _ _ _ Aircraft . . _ _ Ships and boats _ Railroad equipment _ _ _ _ Instruments - _ _ _ Miscellaneous equipment SUKVEY OF CUEEENT BUSINESS 50 July 1969 SUMMARY NATIONAL INCOME AND PRODUCT SERIES, 1929-68 Table A.—Gross National Product [Billions of dollars] Personal consumption expenditures Year GNP Total Durable goods Nondurable goods Services Gross private domestic investment Total Net Nonres- Residen- Change in exports idential tial struc- business fixed in- tures invenvestment tories Government purchases of goods and services Total Federal State and local Final sales GNP in 1958 prices GNP implicit price deflator (Index, 1958=100) 1929 1930 1931 1932 . 1933 1934 1935 1936 1937 1938 1939 103.1 90.4 75.8 58.0 55.6 65.1 72.2 82.5 90.4 84.7 90.5 77.2 69.9 60.5 48.6 45.8 51.3 55.7 61.9 66.5 63.9 66.8 9.2 7.2 5.5 3.6 3.5 4.2 5.1 6.3 6.9 5.7 6.7 37.7 34.0 29.0 22.7 22.3 26.7 29.3 32.9 35.2 34.0 35.1 30.3 28.7 26.0 22.2 20.1 20.4 21.3 22.8 24.4 24.3 25.0 16.2 10.3 5.6 1.0 1.4 3.3 6.4 8.5 11.8 6.5 9.3 10.6 8.3 5.0 2.7 2.4 3.2 4.1 5.6 7.3 5.4 5.9 4.0 2.3 1.7 .7 .6 .9 1.2 1.6 1.9 2.0 2.9 1.7 -.4 -1.1 -2.5 -1.6 -.7 1.1 1.3 2.5 -.9 .4 1.1 1.0 .5 .4 .4 .6 .1 .1 .3 1.3 1.1 8.5 9.2 9.2 8.1 8.0 9.8 10.0 12.0 11.9 13.0 13.3 1.3 1.4 1.5 1.5 2.0 3.0 2.9 4.9 4.7 5.4 5.1 7.2 7.8 7.7 6.6 6.0 6.8 7.1 7.0 7.2 7.6 8.2 101.4 90.7 77.0 60.5 57.2 65.8 71.2 81.2 87.9 85.6 90.1 203.6 183.5 169.3 144.2 141. 5 154.3 169.5 193.0 203.2 192.9 209.4 50.6 49.3 44.8 40.2 39.3 42.2 42.6 42.7 44.5 43.9 43.2 1940 1941 1942 1943 1944 1945 1946 1947 . 1948 1949 99.7 124.5 157.9 191.6 210.1 211.9 208.5 231.3 257.6 256.5 70.8 80.6 88.5 99.3 108.3 119.7 143.4 160.7 173.6 176.8 7.8 9.6 6.9 6.6 6.7 8.0 15.8 20.4 22.7 24.6 37.0 42.9 50.8 58.6 64.3 71.9 82.4 90.5 96.2 94.5 26.0 28.1 30.8 34.2 37.2 39.8 45.3 49.8 54.7 57.6 13.1 17.9 9.8 5.7 7.1 10.6 30.6 34.0 46.0 35.7 7.5 9.5 6.0 5.0 6.8 10.1 17.0 23.4 26.9 25.1 3.4 3.9 2.1 1.4 1.3 1.5 7.2 11.1 14.4 13.7 2.2 4.5 1.8 -.6 -1.0 -1.0 6.4 -.5 4.7 -3.1 1.7 1.3 .0 -2.0 -1.8 -.6 7.5 11.5 6.4 6.1 14.0 24.8 59.6 88.6 96.5 82.3 27.0 25.1 31.6 37.8 6.0 16.9 51.9 81.1 89.0 74.2 17.2 12.5 16.5 20.1 8.0 7.9 7.7 7.4 7.5 8.1 9.8 12.6 15.0 17.7 97.5 120.1 156.2 192.2 211.1 213.0 202.1 231.8 252.9 259.6 227.2 263.7 297.8 337.1 361.3 355.2 312.6 309.9 323.7 324.1 43.9 47.2 53.0 56.8 58.2 59.7 66.7 74.6 79.6 79.1 - 284.8 328.4 345.5 364.6 364.8 398.0 419.2 441.1 447.3 483.7 191.0 206.3 216.7 230. 0 236.5 254.4 266.7 281.4 290.1 311.2 30.5 29.6 29.3 33.2 32.8 39.6 38.9 40.8 37.9 44.3 98.1 108.8 114.0 116. 8 118.3 123.3 129.3 135.6 140.2 146.6 62.4 67.9 73.4 79.9 85.4 91.4 98.5 105.0 112.0 120.3 54.1 59.3 51.9 52.6 51.7 67.4 70.0 67.9 60.9 75.3 27.9 31.8 31.6 34.2 33.6 38.1 43.7 46.4 41.6 45.1 19.4 17.2 17.2 18.0 19.7 23.3 21.6 20.2 20.8 25.5 6.8 10.3 3.1 .4 -1.5 6.0 4.7 1.3 -1.5 4.8 1.8 3.7 2.2 .4 1.8 2.0 4.0 5.7 2.2 .1 37.9 59.1 74.7 81.6 74.8 74.2 78.6 86.1 94.2 97.0 18.4 37.7 51.8 57.0 47.4 44.1 45.6 49.5 53.6 53.7 19.5 21.5 22.9 24.6 27.4 30.1 33.0 36.6 40.6 43.3 278.0 318.1 342.4 364.1 366.4 392.0 414.5 439.8 448.8 478.9 355.3 383.4 395.1 412.8 407.0 438.0 446.1 452.5 447.3 475.9 80.2 85.6 87.5 88.3 89.6 90.9 94.0 97.5 100.0 101.6 1960 1961 1962 1963 1964 1965 1966 1967 1968 . . 503.7 520.1 560.3 590.5 632.4 684.9 749.9 793.5 865.7 325.2 335.2 355.1 375.0 401.2 432.8 466.3 492.3 536.6 45.3 44.2 49.5 53.9 59.2 66.3 70.8 73.0 83.3 151.3 155.9 162.6 168.6 178. 7 191.1 206.9 215.1 230.6 128.7 135.1 143.0 152.4 163.3 175.5 188.6 204.2 222.8 74.8 71.7 83.0 87.1 94.0 108.1 121.4 116.0 126.3 48.4 47.0 51.7 54.3 61.1 71.3 81.6 83.7 88.8 22.8 22.6 25.3 27.0 27.1 27.2 25.0 25.0 30.2 3.6 2.0 6.0 5.9 5.8 9.6 14.8 7.4 7.3 4.0 5.6 5.1 5.9 8.5 6.9 5.3 5.2 2.5 99.6 107.6 117.1 122.5 128.7 137.0 156.8 180.1 200.3 53.5 57.4 63.4 64.2 65.2 66.9 77.8 90.7 99.5 46.1 50.2 53.7 58.2 63.5 70.1 79.0 89.3 100.7 500.2 518.1 554.3 584.6 626.6 675.3 735.1 786.2 858.4 487.7 497.2 529.8 551.0 581.1 617.8 658.1 674.6 707.6 103.3 104.6 105.8 107.2 108.8 110.9 113.9 117.6 122.3 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 . .. Table B.—National Income and Disposition of Personal Income [Billions of dollars] Proprietors' income ComNational pensation income of em- Business ployees and Farm professional Year Rental income of persons Corporate profits and IV A Total Profits before tax Profits after tax Net interest Less: Personal Equals: Equals: Less: Personal tax and DisposPersonal Personal nontax able income saving personal outlays payincome ments 5.0 150.6 4.6 4.1 -1.3 -2.0 .7 3.7 5.4 5.3 1.1 3.7 139.0 133.7 115.1 112.2 120.4 131.8 148. 4 153.1 143.6 155.9 3.8 11.0 27.6 33.4 37.3 29.6 15.2 7.3 13.4 9.4 5.1 11.8 23.6 25.0 25.5 19.7 9.5 4.3 7.1 5.0 166.3 190.3 213.4 222.8 231.6 229.7 227.0 218.0 229.8 230.8 193.9 209.3 220.2 234.3 241.0 259.5 272.6 287.8 296.6 318.3 13.1 17.3 18.1 18.3 16.4 15.8 20.6 20.7 22.3 19.1 6.3 7.6 7.6 7.2 6.4 5.7 7.0 6.7 7.0 5.6 249.6 255.7 263.3 275.4 278.3 296.7 309.3 315.8 318.8 333.0 333.0 343.3 363.7 384.7 411.9 444.8 479.3 506.2 17.0 21.2 21.6 19.9 26.2 28.4 32.5 40.4 4.9 5.8 5.6 4.9 6.0 6.0 6.4 7.4 340.2 350.7 367.3 381.3 407.9 435.0 458.9 477.7 1929 86.8 51.1 9.0 6.2 5.4 10.5 10.0 8.6 4.7 85.9 2.6 83.3 79.1 4.2 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 75.4 59.7 42.8 40.3 49.5 57.2 65.0 73.7 67.4 72.6 46.8 39.8 31.1 29.5 34.3 37.3 42.9 47.9 45.0 48.1 7.6 5.8 3.6 3.3 4.7 5.5 6.7 7.2 6.9 7.4 4.3 3.4 2.1 2.6 3.0 5.3 4.3 6.0 4.4 4.4 4.8 3.8 2.7 2.0 1.7 1.7 1.8 2.1 2.6 2.7 7.0 2.0 -1.3 -1.2 1.7 3.4 5.6 6.8 4.9 6.3 3.7 -.4 -2.3 1.0 2.3 3.6 6.3 6.8 4.0 7.0 2.9 -.9 -2.7 .4 1.6 2.6 4.9 5.3 2.9 5.6 4.9 5.0 4.6 4.1 4.1 4.1 3.8 3.7 3.6 3.5 77.0 65.9 50.2 47.0 54.0 60.4 68.6 74.1 68.3 72.8 2.5 1.9 1.5 1.5 1.6 1.9 2.3 2.9 2.9 2.4 74.5 64.0 48.7 45.5 52.4 58.5 66.3 71.2 65.5 70.3 71.1 61.4 49.3 46.5 52.0 56.4 62.7 67.4 64.8 67.7 3.4 2.6 -.6 -.9 .4 2.1 1 3.6 3.8 .7 2.6 81.1 104.2 137.1 170.3 182.6 181.5 181.9 199.0 224.2 217.5 52.1 64.8 85.3 109.5 121.2 123.1 117.9 128.9 141.1 141.0 8.6 11.1 14.0 17.0 18.2 19.2 21.6 20.3 22.7 22.6 4.5 6.4 9.8 11.7 11.6 12.2 14.9 15.2 17.5 12.7 2.9 3.5 4.5 5.1 5.4 5.6 6.6 7.1 8.0 8.4 9.8 15.2 20.3 24.4 23.8 19.2 19.3 25.6 33.0 30.8 10.0 17.7 21.5 25.1 24.1 19.7 24.6 31.5 35.2 28.9 7.2 10.1 10.1 11.1 11.2 9.0 15.5 20.2 22.7 18.5 3.3 3.2 3.1 2.7 2.3 2.2 1.5 1.9 1.8 1.9 78.3 96.0 122.9 151.3 165.3 171.1 178.7 191.3 210.2 207.2 2.6 3.3 6.0 17.8 18.9 20.9 18.7 21.4 21.1 18.6 75.7 92.7 116.9 133.5 146.3 150.2 160.0 169.8 189.1 188.6 71.8 81.7 89.3 100.1 109.1 120.7 144.8 162.5 175.8 179.2 241.1 278.0 291.4 304.7 303.1 331.0 350.8 366.1 367.8 400.0 154.6 180.7 195.3 209.1 208.0 224.5 243.1 256.0 257.8 279.1 24.0 26.1 27.1 27.5 27.6 30.3 31.3 32.8 33.2 35.1 13.5 15.8 15.0 13.0 12.4 11.4 11.4 11.3 13.4 11.4 9.4 10.3 11.5 12.7 13.6 13.9 14.3 14.8 15.4 15.6 37.7 42.7 39.9 39.6 38.0 46.9 46.1 45.6 41.1 51.7 42.6 43.9 38.9 40.6 38.3 48.6 48.8 47.2 41.4 52.1 24.9 21.6 19.6 20.4 20.6 27.0 27.2 26.0 22.3 28.5 2.0 2.3 2.6 2.8 3.6 4.1 4.6 5.6 6.8 7.1 227.6 255.6 272.5 288.2 290.1 310.9 333.0 351.1 361.2 383.5 20.7 29.0 34.1 35.6 32.7 35.5 39.8 42.6 42.3 46.2 206.9 226.6 238.3 252.6 257.4 275.3 293.2 308.5 318.8 337.3 1960. 414.5 1961 427.3 1962 457.7 1963 481.9 1964 518.1 1965 564.3 http://fraser.stlouisfed.org/ 1966 620.6 1967 654.0 Federal Reserve Bank of St. Louis 294.2 302.6 323.6 341.0 365.7 393.8 435.5 467.4 34.2 35.6 37.1 37.9 40.2 42.4 45.2 47.2 12.0 12.8 13.0 13.1 12.1 14.8 16.1 14. 7 15.8 16.0 16.7 17.1 18.0 19.0 20.0 90 8 49.9 50.3 55.7 58.9 66.3 76.1 82.4 7Q 9. 49.7 50.3 55.4 59.4 66.8 77.8 84.2 sn 3 26.7 27.2 31.2 33.1 38.4 46.5 49.9 47 a 8.4 10.0 11.6 13.8 15.8 18.2 21.4 94 7 401.0 416.8 442.6 465.5 497.5 538.9 587.2 fi9Q 4 50.9 52.4 57.4 60.9 59.4 65.7 75.4 82 Q 350.0 364.4 385.3 404.6 438.1 473.2 511.9 546. 5 1940 1941 1942 1943.. 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957.. 1958 1959 .. .. Personal saving rate l (percent) Disposable personal income in 1958 prices SURVEY OF GUERENT BUSINESS July 1969 51 New Construction Put in Place, 1965-67: Revised Data for Page S-9 [Billions of dollars, seasonally adjusted at annual rates] 1965 Annual New construction (seasonally adjusted at annual rates) , total Private, total 1 Residential (nonfarm).. Nonresidential buildings, except farm and public utilities, total l Industrial Commercial __ _ __ Public utilities: Telephone and telegraph Public, total i Buildings (excluding military) * _ Housing and redevelopment _ Industrial ___ __ Military facilities __ 72 3 Jan. 68 1 50 3 26 3 16.6 5.1 6.7 47 8 26 6 14.4 4.0 6.2 1.5 22.1 79 6 4 9 12 20.2 6.9 5 .4 .8 Feb. Mar. Apr. May 68 8 48 3 26 6 14.7 4.4 6.2 69 5 48 9 26 3 15.4 4.7 6.5 69 7 48 8 26 0 15.7 4.6 6.5 71 1 49 6 25 9 16 5 6.5 14 20.5 15 20.6 14 20.9 5 .3 .8 5 .4 .9 5 4 .9 June 72 50 26 16 4 1 2 6 July Aug. Sept. Oct. Nov. Dec. 6.6 72 0 49 7 26 3 16.0 4.8 6.3 73 1 50 3 26 2 16 8 5.0 6.7 73 8 50 9 26 2 17.3 5.3 74 6 51 7 26 2 17 8 5.6 75 4 52 1 26 3 17.9 5.7 76 8 53 7 26 6 19 1 6.4 14 21.4 15 22.4 15 22.4 6 4 .9 7 3 .9 7 .4 .9 14 22.8 8.2 6 4 .8 15 22.9 8.3 6 .4 .9 15 22.9 8.4 6 .4 .8 16 23.3 8.5 6 .3 .9 8. 0 15 23.1 8.7 7 .3 .7 7.8 75.2 51 6 23 8 19.1 7.0 7.1 75.2 51.1 23 2 19.2 6.8 7.1 73.3 48.9 22 0 18.2 6.6 6.7 72.8 48.0 20.8 18.5 7.0 6.5 72.8 47.5 20.4 18.4 6.4 7.0 5.2 5.1 1966 New construction (seasonally adjusted at annual rates), total. _ _ Private, total * Residential (nonfarm).. Nonresidential buildings, except farm and public utilities, total 1 Industrial. _ Commercial.. __ Public utilities: Telephone and telegraph Public, total i B uildings (excluding military) i Housing and redevelopment Industrial ... _ Military facilities Highways and streets _ 75.1 51.1 24 0 18.6 6.7 6.9 76.6 53.2 26 8 18.4 6 3 7.4 76.8 53.2 26 6 18.3 6 4 6.9 77.9 54 0 26 2 19.4 6 4 7.5 76.9 52 9 25 7 18.7 68 68 74.8 51 3 25 0 17.9 65 63 75.4 51 7 24 6 is! 6 69 67 74.8 51.4 24 4 18.5 7.0 6.8 1.6 24.0 89 7 4 8 84 15 23.4 9.0 7 .4 .8 78 16 23.6 9.1 7 4 .8 80 16 24.0 8.8 7 4 1.0 83 16 24 1 8.7 6 4 .9 86 15 23 5 16 23 6 8.8 7 4 .8 84 16 23.4 8.7 6 .4 .8 83 17 23.6 8.8 6 .4 .7 84 1.7 24.1 9.0 .6 .4 .8 8.2 1.6 24.4 9.2 .6 .3 .7 8.2 1.6 24.8 9.3 .7 .3 .7 8.4 1.7 25.3 9.3 .7 .4 .8 8.9 8.6 6 4 .7 85 1967 New construction (seasonally adjusted at annual rates) , total. . _ Private, total 1 Residential (nonfarm) — _ Nonresidential buildings, except farm and public utilities, total 1 Industrial Commercial __ Public utilities: Telephone and telegraph ._ Public, total * Buildings (excluding military) * Housing and redevelopment ___ Industrial... . ... Military facilities Highways and streets... 76.2 50 6 23 7 18.1 61 70 74.6 48 8 19 9 20.2 7 2 78 74.5 48 3 20 1 19.5 70 75 73.4 47 6 20 7 18'. 2 61 7 2 72.8 47 0 20 9 17*. 6 57 7 0 73.7 48 1 21 6 17.7 58 71 73.8 48 7 22 6 17.4 58 68 75.7 50.4 23 8 17.8 61 68 76.7 51.6 25 0 17.8 61 66 78.3 52.8 25.8 18.2 6.4 6.7 78.9 53.5 26.4 18.2 6.2 7.0 79.6 53.9 27.2 17.8 5.7 7.0 81.2 54.0 27.6 17.4 5.8 6.7 16 25 6 10 0 7 4 7 85 16 25 8 9 4 8 4 7 9 2 16 26 2 9 4 8 3 7 98 1.7 25 8 97 g 3 6 89 16 25 8 99 9 3 6 88 17 25 6 10 1 1.6 25 0 10 0 .7 4 6 8.3 1.6 25 4 10.2 .6 5 .8 8.2 1.6 25.1 10.0 .6 .4 .7 8.2 1.7 25.4 10.1 .6 .4 .7 8.5 1.7 25.4 10.0 .6 .4 .8 8.4 1.7 25.7 10.3 .6 .5 .8 8.2 1.6 27.2 10.5 .6 .5 .9 9.2 8 4 6 85 Source: U.S. Department of Commerce, Bureau of the Census. 1 Includes data not shown separately. payrolls in construction, nondurable North Carolina, and Georgia. Other manufactures, transportation, and States with advances well above the national rate included Minnesota, Pennbetween one-fifth and one-fourth in the finance. Southwest, New England, and the Far The below-average income gains in sylvania, Nebraska, and Alabama. The West. Changes in farm income in the the Far West and New England re- five States with the largest income other four regions were much less flected below-average gains or small declines (from 1 to 2 percent) were more marked, ranging from a gain of a little losses in construction, trade, mining, scattered; they comprise South Dakota, more than 5 percent in the Mideast to and farming. In addition, nondurable Iowa, Montana, Arkansas, and Arizona. a loss of 5 percent in the Plains. goods manufactures and transportation Income was also lower in the District The above-average income gains in payrolls were weak in New England, of Columbia. Significant changes in farm income the Southeast and Great Lakes were and total manufactures, finance, and traceable to relatively large gains in service payrolls expanded relatively played an important role in the very large gains in total personal income in wage and salary payments in a number slowly in the Far West. the six southern States and the large of industries, combined with average or income dips in the five States mentioned slightly above-average gains in most State changes above. In addition, the six States with other income shares. In the Southeast, in addition to the farm proprietors' On a State basis, the largest first the sharpest increases experienced well income advance already noted, there quarter increases in personal income above-average gains in manufacturing were particularly big increases in con- were concentrated in the southern sec- payrolls and in most other major income struction, durable goods manufacturing, tion of the Southeast region. The six flows. (See the accompanying table for trade, mining, the finance group, and States with top-ranking gains, ranging regional and State percent change in government payrolls. In the Great from 4 to 7K percent, were Mississippi, income, fourth quarter 1968 to first Lakes, there were large advances in Louisiana, South Carolina, Tennessee, quarter 1969.) (continued from page 8) TAILO R to help business . . . BUSINESS SERVICE HECKLIST Published weeklya 4 page, up-to-date listing of new Department of Commerce publications and other releases. Also shows key business indicator changes anil trends. Tells how to order published materials of special interest to you, BUSINESS SERVICE CHECKLIST is tailored to help businessmen in all areas of economic activity. Order subscriptions from: Superintendent of Documents Government Printing Office Washington, D.C. 20402 Any U.S. Department of Commerce Field Office Annual subscription, $2.50 (additional $1.50 for foreign mailing). Send check or money order payable to Superintendent of Documents. U. S. GOVERNMENT PRINTING OFFICE : 1969 O - 353-833 CURRENT BUSINESS STATISTICS J_HE STATISTICS here update series published in the 1967 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2.50) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1963 through 1966 (1956-66 for major quarterly series), annually, 1939-66; for selected series, monthly or quarterly, 1947-66 (where available). Series added or significantly revised after the 1967 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1966 issued too late for inclusion in the 1967 volume appear in the monthly SURVEY beginning with the September 1967 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. 1966 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1966 1967 | 1968 II Annual total 1967 | III IV I II 1969 1968 IV III i | n III | IV I 11* Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT Gross national product, total t — - Personal consumption expenditures, total bil. $ r 749. 9 r 793. 5 '865 7 '743 3 r 755 9 r ' 774 2 '783 5 ' 800 4 r 816 1 '835 3 '858 7 r 876 4 '892 5 '908 7 925.1 550.7 562.0 570.7 86 3 39 0 34 6 88 4 39 4 35.5 90 4 39 9 36.5 3 3 4 5 238 6 48 1 118 4 20 4 240 6 49 7 118.0 21 1 225 8 31 6 77 9 16 3 230 1 31 9 79 8 16 5 235 0 32 7 81 3 17 1 239 8 33 1 82 9 17 3 126 6 125 2 133 9 135 2 139 9 116 7 86 4 28 3 58 1 30 3 29 7 99 10 3 118 0 88 1 29 0 59 1 29 9 29 4 7 2 75 123 4 91 5 30 1 61 4 31.9 31 4 10 5 10 7 128 6 95 3 32 3 63 0 33 3 32 8 66 66 130 4 98 0 31 6 66 3 32.4 31 9 9 5 93 1.9 47 7 45 9 3.4 50 7 47 3 3.6 53 4 49 7 1.2 50 6 49 4 1.5 47 6 46 1 2.0 58 6 56 6 193.4 96 3 76 1 97 1 198.4 99 0 77 9 99 4 202.5 100 9 78 8 101 7 206.7 101 9 79 3 104 8 210.0 101 6 79 0 108 5 212.5 100 6 78 7 111 9 750 8 ' 765 2 '780 2 ' 792 6 '806 6 '833 6 '848 8 '869 2 '882 0 '902 1 382 5 392 5 377 2 393 3 395 8 412 8 419 3 429 9 441 3 433 0 151 9 158 3 168 9 181 6 151 8 157 7 176 6 173 7 160 0 166 4 225 4 235 5 259 7 230 7 234.2 235 9 256 4 250 4 256 1 246 5 298 4 306 4 312 0 343 4 358 5 353 2 365 8 320 1 328 4 335 0 76 3 75 6 82 4 94 9 75 3 79 3 86 0 86 1 90 6 85 8 915 6 6.6 4 8 18 9.5 770 7 do 466.3 492.3 536.6 461.9 471.2 474.5 480.9 489.8 495.7 502.6 520.6 530.3 544.9 do _ do do 70 8 30.3 29.9 73 0 30.5 31.3 83 3 37.0 34.2 68 5 28 9 29.4 71 3 30 2 30.6 71 9 30 5 30.7 70 0 28 4 30.7 73 5 31 3 31.2 73 3 30 9 31 2 75 2 31 2 32 2 79 5 34 8 33 4 81 8 35 6 33 8 85 8 38 6 35 0 do do do do 206 9 40.3 105.8 16 6 215 1 42 5 108.1 17 7 230 6 46 3 115.0 19 1 206 4 39 9 106.0 16 5 209 6 41 1 106 7 16 7 209 1 40 9 105.6 17 0 213 2 41 7 107.8 17 3 214 4 42 6 107.6 17 5 215 8 42 9 108 1 17 9 216 8 42 7 108 9 18 1 226 1 45 0 112 6 18 9 228 5 45 6 114 8 18 8 233 3 47 4 116 1 19 5 234 47 116 19 do _ .do do do 188 6 27.1 67 5 13.6 204 2 29.1 71 8 14 7 222 8 31.2 77 4 16 1 186 9 26 9 67 0 13 5 190 2 27 6 67 9 13 6 193 5 27 9 69 0 14 1 197 7 28 2 70 1 14 4 201 8 29 0 71 1 14 5 206 29 72 14 6 3 3 8 210 6 30 1 73 7 15 0 215 1 30 5 75 2 15 5 220 0 30 7 76 7 15 9 do 121.4 116 0 126 3 122 4 119 6 126 2 113 6 109 4 117 7 123 3 119 4 Fixed investment do NonresidentiaL . _ _ _. do Structures do Producers' durable equipment _ _ _ do Residential structures do Nonfarm do Change in business inventories _do Nonfarm do 106 6 81.6 28 5 53.1 25.0 24.5 14.8 15 0 108 6 83.7 27 9 55 7 25.0 24 4 7.4 68 119 0 88 8 29 3 59 5 30.2 29 6 7.3 74 106 3 80 3 28 2 52 1 26.0 25 4 16.2 16 2 107 7 83 0 29 0 54 0 24.7 24 2 11 9 12 4 106 3 84 2 28 2 56 0 22.1 21 5 19 9 20 4 104 7 83 3 29 0 54 2 21.4 20 9 90 91 106 1 83 0 27 2 55 8 23.1 22 5 34 30 109 9 83 5 27 8 55 7 26.5 25 9 78 70 113 8 85 0 27 8 57 2 28 8 28 3 9 5 80 117 7 89 1 29 8 59 4 28 6 28 0 16 13 do do do 5.3 43.4 38 1 5.2 46.2 41 0 2.5 50 6 48 1 5.6 42 7 37 1 4.4 43 7 39 3 4.9 44 8 39 9 5.4 45 8 40 4 5.8 45 9 40 1 5.6 46 3 40 7 3.8 46 7 42 g Govt. purchases of goods and services, total, .do Federal do National defense. . _ . ..do State and local do 156.8 77.8 60.7 79 0 180.1 90 7 72.4 89 3 200.3 99 5 78 0 100 7 153.4 75 6 58 5 77 7 160.7 80 5 63 3 80 1 165.2 82 1 65 6 83 0 174.2 87 8 69 9 86 4 178.5 90 3 71 9 88 1 181.3 91 3 73 0 90 0 186.4 93 5 74 6 92 9 Durable goods, total 9 Automobiles and parts Furniture and household equipment Nondurable goods, total 9 Clothing and shoes _ Food and beverages Gasoline and oil Services total 9 Household operation Housing Transportation __ Gross private domestic investment, total Net exports of goods and services. Exports .. Imports By major type of product: f Final sales, total _. Goods, total Durable goods Nondurable goods __._ Services Structures _ do do do .....do do do Change in business inventories do Durable goods . . . do. Nondurable goods _ ._ _ _ do r 735. 1 368 5 146 2 222.3 289 1 77 5 '14.8 10.5 4 3 T 786 2 391 o 157 0 234.1 316 7 78 4 '7.4 3.9 35 r 858 4 423 7 171 4 252 3 347 5 87 1 '7.3 53 2o r 727 1 363 5 142 6 220 9 285 8 77 9 1 T 744 0 373 4 148 1 225 3 293 2 77 4 r '11.9 10 2 17 '19.9 13 2 67 '658 1 T 674 e r 707 6 T 655 o r ego 2 r 668 1 ••16. 2 10 6 56 '9.0 4 2 4 7 '3.4 1.5 18 '7.8 4 4 34 '9.5 56 39 '1.6 19 — 3 '9.9 68 31 '7.2 51 21 ' 10.5 74 31 GNP in constant (1958) dollars Gross national product, total f Personal consumption expenditures, total Durable goods Nondurable goods Services _ - - _ _ _ Gross private domestic investment, total Fixed investment... Nonresidential _. Residential structures Change in business inventories Net exports of goods and services bil $ r 666 5 r 670 5 ' 678 0 r 683 5 r 693 3 ' 705 8 r 712 8 ' 718 5 ' 723 1 do._. 418.1 430.3 452.6 415.1 421.3 420.7 424.4 430.5 431.9 434.3 445 6 449.0 458.2 457.6 462.9 do do do 71.7 187 0 159.4 72.8 190 3 167.2 80.7 196 9 175 0 69.6 186 9 158 5 72 3 188 7 160 2 72.3 187 0 161.5 70.3 190 2 163.9 73.9 190 6 166 1 73 0 190 3 168 6 73 9 190 2 170 3 77 7 196 0 171 8 79.5 195 8 173 7 83.0 198 7 176 5 82.7 197 2 177.7 84.3 199 3 179.3 do 109.3 100.8 105.7 110.8 107.1 112.5 100.5 95.7 101.6 105.4 101.2 106.6 104.1 110.9 109.9 do... do do do 95.4 74.1 21 3 13 9 93.9 73 6 20 3 69 99.1 75 8 23 3 66 95.4 73 2 22 2 15 3 96.0 75 0 20 ° 11 1 94.0 75 4 18 6 18 5 92.0 74 1 17 9 85 92.6 73 5 19 0 31 94.3 73 1 21 2 74 96.7 73 8 23 0 87 99.8 77 1 29 7 15 97.6 74 0 23 5 9o 97.7 75 0 22 7 64 101.4 77 3 24 1 96 104.0 79.4 24 6 59 do... 4.2 3.6 .9 4.8 3.2 0 O 4.0 4.2 4. 1 2.0 .9 1.3 Govt. purchases of goods and services, total.. do. 126.5 148.4 124.3 140.0 128.7 Federal _ do 74 8 78 9 65 4 63 8 67 3 State and local . . .do 61.1 65.2 69.5 60.5 61.4 ' Revised. " Preliminary. t Revised series. Estimates of national income and product and personal income have been revised back to 1965 (see p. 13 ff. of this issue of the SURVEY); 137.6 140.4 141.7 148.9 131.6 140.1 145 6 72 8 79 6 68 6 75 1 75 5 75 7 77 3 63.0 64.8 65.0 64.9 66.0 68.3 69.3 revisions prior to May 1968 for personal income appear on p. 9 Includes data not shown separately. -.3 1.7 148.8 150.2 79 4 79 2 70.8 69.6 26 ff. of this issue 150.6 78 3 72.3 of the SURVEY. s-i 353-833 O - 69 - SI 727 3 July 1969 SURVEY OF CURRENT BUSINESS S-2 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1966 | 1967 196S 1966 Annual total III IV I II 1969 1968 1967 III IV I II III IV I HP III GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates National income, totalf Compensation of employees, total Wages and salaries, total Private Military _ Government civilian Supplements to wages and salaries Proprietors' income, total 9 Business and professional 9 Farm Rental income of persons bil $ ' 620. 6 do 435.5 467.4 513.6 441.4 449.7 456.2 461.1 470.7 481.7 495.1 507.0 519.8 532.3 546.0 558.0 do do do do do 394.5 316.8 14.6 63.1 41.0 423.5 337.3 16.2 70.0 43.9 465.0 369.0 18.0 78.0 48.6 400.0 320.9 14.9 64.1 41.4 407.4 326.2 15.5 65.7 42.3 413.2 330.2 15.8 67.2 43.0 417.7 333.0 15.9 68.8 43.4 426.5 339.6 16.1 70.8 44.2 436.5 346.3 17.0 73.2 45.1 448.2 355.9 17.3 75.0 47.0 459.0 364.5 17.6 76.8 48.0 470.7 392.7 18.7 79.3 49.1 482.1 382.8 18.3 80.9 50.2 493.3 392.5 18.2 82.5 52.7 504.1 401.8 18.4 84.0 53.8 do do do do 61.3 45.2 16.1 20.0 61.9 47.2 14.7 20.8 63.8 49.2 14.6 21.2 61.1 45.4 15.7 20.1 60.8 45.8 15.0 20.3 60.8 46.5 14.3 20.6 61.7 47.1 14.7 20.8 62.6 47.8 14.8 20.9 62.3 47.5 14.9 21.0 63.2 48.4 14.8 21.1 63.6 49.2 14.3 21.2 64.1 49.3 14.8 21.2 64.1 49.7 14.4 21.4 64.6 49.7 14.9 21.5 66.7 50.3 16.4 21.6 82.4 79.2 87.9 82.5 83.7 78.3 78.3 79.1 81.1 82.5 88.2 90.6 90.3 89.5 9.7 72.7 42.6 18.6 24.0 10.5 68.8 39.0 18.1 20.9 11.5 76.4 44.4 19.9 24.5 9.9 72.6 42.5 18.7 23.7 10.1 73.6 42.9 18.7 24.2 10.2 68.1 39.2 18.2 21.0 10.3 68.0 38.8 17.9 20.8 10.5 68.6 38.3 18.0 20.4 10.8 70.3 39.5 18.3 21.2 11.0 71.6 41.1 19.1 22.0 11.2 76.9 44.9 19.8 25.1 12.1 78.5 45.4 20.4 25.0 11.9 78.5 46.2 20.4 25.8 12.3 77.2 45.1 20.3 24.7 11.9 18.2 10.8 19.0 11.6 20.4 11.9 18.3 11.9 18.9 10.9 18.0 10.7 18.5 10.8 19.5 10.9 19.9 11.3 19.1 11.5 20.6 12.0 21.0 11.6 20.7 11.8 20.3 84.1 34.3 49.9 20.8 29.1 -1.8 21 A 80.3 33.0 47.3 21.5 25.9 -1.1 24.7 91.1 41.3 49.8 23.1 26.7 -3.2 28.0 85.5 34.9 50.7 20.7 29.9 -3.0 21.8 83.2 33.9 49.3 20.2 29.1 .5 22.8 78.4 32.3 46.1 21.1 24.9 -.1 23.5 79.1 32.6 46.4 21.7 24.8 -.7 24.3 79.5 32.5 47.0 22.0 25.0 -.4 25.1 84.4 34.5 49.9 21.1 28.8 -3.3 25.9 87.9 39.9 47.9 22.2 25.7 -5.3 26.7 90.7 41.1 49.7 22.9 26.7 -2.6 27.5 91.5 41.4 50.0 23.6 26.5 -.9 28.4 94.5 42.9 51.6 23.8 27.8 -4.2 29.3 95.5 <43.9 51.7 23.8 27.9 -6.1 29.8 -6.3 30.3 592. 9 ' 605. 0 ' 615. 2 ' 622. 2 '634.5 '645.9 ' 664. 3 '680.1 ' 696. 1 ' 711. 2 ' 724. 4 107.0 113.7 89.3 92.7 80.8 80.6 84.1 86.1 102.6 79.4 76.9 604.3 534.4 587.4 593.4 610.7 559.8 541.6 550.3 575.0 525.6 515.9 566.2 545.1 560.2 577.7 516.6 503.9 535.1 484.3 487.8 494.5 509.7 38.0 39.9 42.3 33.2 33.0 40.0 43.1 37.7 40.7 31.6 37.7 740.7 117.7 623.0 586.6 36.4 Corporate profits and inventory valuation adjustment, total bil $ By broad industry groups: Financial institutions . do Nonfinancial corporations, total do Manufacturing, total do Nondurable goods industries do Durable goods industries do Transportation, communication, and public utilities bil $ All other industries do Corporate profits before tax, total Corporate profits tax liability Corporate profits after tax Dividends.. Undistributed profits Inventory valuation adjustment Net interest do do do do do do do '654.0 '714.4 ' 626. 9 ' 637. 3 '639.3 '646.2 ' 658. 5 ' 672. 0 '688.8 '707.4 ' 724. 1 ' 737. 3 ' 751. 3 24.3 DISPOSITION OF PERSONAL INCOMEf Quarterly Data Seasonally Adjusted at Annual Rates r bil. $ do do do do '587.2 75.4 511.9 479.3 32.5 bil $ do do do 60.63 26.99 13.99 13.00 61.66 26.69 13.70 13.00 64.08 26.44 13.51 12.93 15.57 6.84 3.54 3.30 17.00 7.75 4.07 3.68 13.59 6.10 3.08 3.02 15.61 6.81 3.46 3.34 15.40 6.48 3.33 3.15 17.05 7.30 3.82 3.48 14.25 5.79 2.96 2.82 15.86 6.50 3.22 3.28 16.02 6.63 3.37 3.25 17.95 7.52 3.95 3.57 do do do do do do 1.47 1.9S 3.44 8.41 5.62 12.74 1.42 1.53 3.88 9.88 5.91 12.34 1.42 1.34 4.31 11.54 6.36 12.67 .37 .48 .82 2.36 1.36 3.33 .38 .55 .86 2.36 1.58 3.52 .32 .41 .70 1.84 1.35 2.87 .34 .41 1.12 2.46 1.49 2.99 .37 .35 .98 2.66 1.46 3.09 .39 .36 1.07 2.92 1.62 3.39 .36 .37 .98 2.33 1.48 2.93 .36 .36 1.04 2.97 1.51 3.11 .34 .30 1.12 2.96 1.50 3.18 .35 .30 1.18 3.28 1.86 3.46 do... do do... do 61.25 27.55 14.35 13.20 62.80 27.75 14.50 13.25 61.65 27.85 14.20 13.70 61.50 27.00 13.75 13.25 60.90 26.15 13.50 12.65 62.70 26.00 13.50 12.55 64.75 26.35 13.65 12.70 62.60 25.80 12.80 13.00 63.20 26.65 13.65 13.05 65.90 26.85 13.90 12.95 68.90 * 72. 00 2 73. 45 28.20 30.30 30.75 15.85 16.00 15.00 14.45 14.75 13.20 do. _ do do do. _ do do 1.45 1.85 3.40 8.55 5 60 12.85 1.45 2.35 3.50 8.50 5 95 13.30 1.40 1.80 3.05 9.20 5.75 12.55 1.30 1.55 3.90 9.70 5.80 12.25 1.45 1.40 4.10 9.80 6.05 11.95 1.50 1.40 4.45 10.65 6.05 12.65 1.55 1.65 4.35 11.60 6.35 12.85 1.40 1.40 3.65 11.65 5.90 12.80 1.35 1.20 4.60 10.90 6.15 12.35 1.35 1.15 4.80 12.00 6.95 12.75 1.55 1.35 4.80 13.05 7.25 12.75 10, 936 7,412 '202 1,573 1,748 11, 196 7,564 210 1,640 1,782 11,461 7,688 333 1,612 1,828 11, 484 7,723 335 1,580 1,846 11, 577 7,669 239 1,801 1,868 11, 667 7,601 332 1,879 1,855 11,934 7,941 305 1,771 1,917 12,668 8,395 353 1,973 1,947 13, 344 8,879 406 2,040 2,019 12, 653 8,383 364 1,917 1,989 11, 890 7,474 p 416 2,075 1,925 -38, 082 -41,012 -48,077 -9, 836 -9, 973 Imports of goods and services do Merchandise, adjusted, excl. military do -25,463 -26,821 -32,972 -6, 595 -6, 676 Military expenditures do -3, 764 -4, 378 -4, 530 -975 -987 Income on foreign investments in the U.S._do - 2, 142 -2,362 -2,932 -569 -591 Other services . do -6, 713 -7,451 -7,643 -1,697 -1,719 Unilateral transfers, net (excl. military grants); transfers to foreigners (—) mil. $ ! -2,833 -2,998 -2,865 -682 -640 r Revised. p Preliminary. c Corrected, i2 Estimates for Apr.-June 1969 based on anticipated capital expenditu res of bu siness. Estimates for July-Sept. 1969 based on anticip ated capi tal expen ditures of busin ess. Anticipated expenditures for the year 1969 are as fc>llows (in bil. $): J>ill industries, 72 17; manufacturing, total, 29.99; durable goods industri es, 15.61; nondural)le goods industr les, 14.38; mining, 1.58; railroad, 1.54; transportation, 4.83; public u tilities, 13 09; cominunication, 7.60; commercial and other, 13.54. 3 Includes commi inication. * T h e <estimate of corpor ate income tax assumes continuance of the surcharge a t 10 perce nt and di scontinu ance of the investment tax credit. -10,100 -6, 660 -1,085 -584 -1,771 -10,033 -6,465 -1,075 -591 -1,902 -10,173 -6, 542 -1,106 -580 -1,945 -10,706 -7, 154 -1,112 -607 -1,833 -11,463 -7,817 -1,102 -671 -1,873 -11,827 -8, 131 -1,116 -742 -1,838 -12,435 -8, 566 -1,143 -770 -1,956 -12,352 -8,458 -1,169 -749 -1,976 -11,525 -7,577 -1,198 p-894 "- 1,856 Personal income, total Less: Personal tax and nontax payments Equals: Disposable personal income Less: Personal outlays© Equals: Personal saving§._ '629.4 ' 687. 9 82.9 97.9 546.5 590.0 506.2 551.6 40.4 38.4 NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: All industries .. Manufacturing Durable goods industries! Nondurable goods industries^ Mining. _ _ _ _ _ . . Railroad Transportation, other than rail Public utilities Communication Commercial and other Seas. adj. qtrly. totals at annual rates: All industries Manufacturing Durable goods industries? Nondurable goods industries? Mining.. _ Railroad Transportation, other than rail Public utilities Communication Commercial and other.. _ . 15.21 1 18. 21 2 18. 49 6.21 7.60 7.63 3.95 3.26 3.96 2.95 3.65 3.68 .36 .32 1.06 2.66 1.68 2.91 .43 .38 1.24 3.40 .39 .40 1.24 3.50 35.17 35.33 1.70 1.45 4.35 13.30 1.55 1.70 5.10 13.15 320.95 3 21. 25 U.S. BALANCE OF INTERNATIONAL PAYMENTSd* Quarterly Data Are Seasonally Adjusted (Credits +; debits -) Exports of goods and services (excl. transfers under military grants) mil $ Merchandise, adjusted, excl. military do Transfers under military sales contracts do Income on U.S. investments abroad do Other services .. do 43, 361 29,389 829 6,252 6,891 46, 189 30,681 1,239 6,872 7,397 50, 599 33, 598 1,428 7,701 7,872 -774 -691 -823 -648 -690 -766 p-607 -836 -635 tSee correspcmding n ote on p. S-l. 9 Includejs invent ory valu<ition adj ustment. 0P€ rsonal o utlays c()mprise personal cons u in t >tion exp enditure s, intere st paid by consumer s, and pe rsonal tr ansfer pa yments t o foreign ers. §Per sonal sa^ring is ex cess of di sposable income c>ver pers raal outl ays. IfDa ta for in lividual durable and nonelurable g oods ind ustries oomponen ts appear in the Mar., JFune, Sep)t., and I)ec. issue)s of the £SURVEY. cfM ore com p lete deta Is are given in the quarterl:7 reviews in the M ar., June3, Sept., and Dec. issues of the Su RVEY. B evised d ata back to 1960 appear 01i p. 29 ffof the J une 1969 issue. SURVEY OF CURRENT BUSINESS July 1969 1966 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1967 1966 1968 Annual total III S-3 I IV 1968 II III IV I 1969 III II I IV II III May June 9 GENERAL BUSINESS INDICATORS—Quarterly Series—Continued U.S. BALANCE OF INTERNATIONAL PAYMENTS §— Con. Quarterly Data Are Seasonally Adjusted Transactions in U.S. private assets, net; increase (— ) mil $ Transactions in U.S. Govt. assets, excl. official reserve assets* increase ( — ) mil $ Transactions in U.S. official reserve assets, net; increase ( — ) mil $ Transactions in foreign assets in the U.S., net (U.S. liabilities)- increase (+) mil $ Liquid assets do Other assets do Errors and omissions, net do Balance on liquidity basis—increase in U.S. official reserve assets and decrease in liquid liabilities to all foreigners* decrease ( — ) mil $ Balance on official reserve transactions basis—increase in U.S official reserve assets and decrease in liquid and certain nonliquid liabilities to foreign official agencies' decrease ( — ) mil $ -4,311 -5, 654 -5,158 -974 -1,535 -2, 419 -2, 250 -334 -379 -654 -542 -546 -677 -806 -1,537 -1,868 -738 -527 -346 p-459 -137 -571 -1,076 *-48 82 -6 1,027 -419 -375 -181 6,853 3,492 3,361 -1,007 9,352 787 8,565 -716 722 344 378 86 1,104 313 791 -110 335 -532 867 -308 1,970 749 1,221 -624 2,198 1,406 792 -69 2,350 1,869 481 -6 1,215 -340 1,555 -410 2,705 188 2,517 -540 2,538 733 1,805 286 -1,357 -3,544 93 -426 -307 -495 -330 -1,031 -1,688 —564 -51 -162 266 -3, 418 1,639 -379 1,553 52 3,323 789 2,534 -490 239 -1,711 481 -719 97 2,894 *3, 351 206 pi, 752 2,688 f l , 599 -52 p- 1,398 870 P- 1,704 368 May June July Aug. Sept. *1, 151 1969 1968 1968 Annual -917 -71 904 -947 p-1,201 -639 -880 568 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS -1, 192 -1,068 -1,014 -1, 775 -1,797 Oct. Nov. Dec. Jan. Feb. Mar. Apr. GENERAL BUSINESS INDICATORS—Monthly Series PERSONAL INCOME, BY SOURCE f Seasonally adjusted, at annual rates: t Total personal income T bil. $ __ r 680. 2 T 685.9 r 691 0 r 696. 1 r 701. 1 ' 706. 2 r 711. 5 ' 716. 0 r 718. 7 ' 723. 9 ' 730. 7 ' 735. 6 ' 740. 3 746.2 465.0 181.5 145 9 109.2 459.3 180.0 144.7 107.5 463.7 180.8 146 0 109.5 467.2 181.8 146 7 109.7 470.3 182.7 147.1 110.8 474.5 184.6 148.6 111.8 478.2 186.2 149.6 112.5 482.2 187.5 150.5 113.5 485.8 189.6 151.8 113.3 489.3 190.1 152.4 114.6 492.6 190.6 152.5 115.6 497.9 193.8 154.9 116.4 500.8 195.2 155.8 117.2 503.8 196.2 156.3 118.3 507.9 198.0 157.4 119.1 do do do 70.5 86.2 22.1 78.3 96.0 24.2 77.4 94.4 23.9 78.1 95.3 24.0 78.3 97.3 24.2 78.8 98.0 24.5 79.6 98.4 24.7 80.8 98.7 24.8 82.0 99.1 25.0 83.0 99.9 25.1 84.5 100.1 25.3 85.6 100.8 25.5 86.3 101.4 25.6 86.4 101.9 25.8 87.0 102.3 25.9 87.9 102.8 26.1 do do 47.2 14.7 49.2 14.6 49.3 14.1 49.4 14.4 49.2 14.7 49.2 15.0 49.5 14.7 49.5 14.5 49.7 14.3 49.8 14.4 49.5 14.5 49.8 14.9 49.7 15.3 50.0 15.8 50.3 16.4 50.6 17.0 20.8 21.5 48.3 52.0 21.2 23.1 54.1 59.2 21.2 23.0 53.2 58.6 21.2 22.9 53.7 59.0 21.2 23.4 54.2 59.7 21.3 23.6 54.8 60.4 21.3 23.7 55.4 60.3 21.3 23.9 56.0 61.2 21.4 24.0 56.7 61.5 21.4 23.6 57.3 62.1 21.4 23.6 57.4 63.0 21.5 23.8 57.6 63.5 21.5 24.1 57.9 64.3 21.5 24.2 58.4 64.7 21.6 24.3 58.9 64.9 21.6 24.5 59.4 65.2 20.6 22.6 22.4 22.5 22.8 22.9 23.0 23.2 23.2 23.4 25.3 25.3 25.6 25.7 25.8 26.0 680.9 686.1 691.5 695.9 698.5 703.1 709. 5 713.8 718.0 723.2 Rental income of persons do Dividends _ do Personal interest income do Transfer payments ___ ..do. _ Less personal contributions for social insurance bil. $.. Total nonagri cultural income 687. 9 423.5 166.5 134 2 100.3 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 . r 629 4 609.7 do 667.9 660.7 666.0 670.9 675.5 FARM INCOME AND MARKETINGS J Cash receipts from farming, including Government payments total t mil $ r 45 772 r 42 693 r 18, 401 r 24 292 r 5 743 _ ' r14, 534 3,645 Crops do Livestock and products total 9 do Dairy products do Meat animals.. __ ._ _ _ ___ do_ Poultry and eggs ..do Indexes of cash receipts from marketings and CCC loans, unadjusted: t All commodities 1957-59—100 Crops... do. . Livestock and products _ _ do Indexes of volume of farm marketings, unadjusted: t All commodities 195759—100 Crops do Livestock and products do r 47 848 r 44 3gg r 18, 847 r 25 539 r 5 962 ' r15, 406 3, 827 r r 3 047 '3 105 '3 701 4, 779 r T 3,343 ••3,889 ' 3, 150 '3,350 '3,267 5, 714 ' 4, 920 ••4,280 4 348 2,025 2 323 478 1,453 375 5 318 2J767 2,551 495 1,652 385 4 883 2,712 2,171 479 1,316 360 4 247 2,154 2,093 501 1,212 3 831 1,625 2,206 514 1,309 3 023 1,004 2,019 462 1,219 ••136 ••132 ' 140 ••161 '175 151 197 240 165 181 235 141 ••157 '187 r 136 ••142 '141 T 143 '112 "87 ' 116 '82 '115 '76 123 77 123 ••123 ••122 r 128 ••132 "126 ' 147 ' 168 132 186 234 150 170 229 126 ••150 ••191 ••119 ••133 ••147 ••122 98 '80 '110 '97 '69 118 94 '58 '121 98 59 127 3 013 858 2 155 543 1,285 287 3 087 1,123 1 964 517 1,130 290 3 547 1,417 2 130 501 1,275 334 3 682 1,521 2 161 487 1,312 344 ' 114 "97 127 ••131 ••123 T 138 T r 5, 507 3 127 948 2,179 518 1,295 qq-i 3 307 892 2,415 552 1,505 3 116 877 2,239 524 1,356 qiQ 132 133 131 137 ••136 r 138 ' 112 ••74 ' 140 123 124 "123 126 ' 130 ••124 97 ••56 128 158.1 165.3 165. 2 169.4 160.3 163.3 169.5 170.7 169.1 166.3 166.5 170.5 159.7 163.7 154.6 123.8 184 9 166.8 169.8 163.0 126.4 202 1 167.4 172.1 161.6 128.6 171.6 175.4 167.0 128.9 160.4 164.1 155.7 127.1 163.0 160.5 166.3 130.7 170.7 170.6 170.8 128.6 173.4 173.5 173.3 122.8 171.4 174.2 168.0 126.8 167.5 172.6 161.2 126.3 167.0 171.4 161.4 124.1 172.1 ' 175. 1 ' 174. 0 175.3 ' 178. 6 ' 177. 6 168.0 ' 170. 8 ' 169. 4 124.2 ' 125. 4 ' 130. 1 158.3 148.5 159.0 145 1 179.4 164.9 156.6 175. C 150.8 182.6 162.6 153.7 178.5 145.9 181.6 168.8 161.2 184.5 153.8 185.1 159.1 149.6 153.5 148.3 179.6 162.0 154.2 141.5 158.3 178.6 171.9 165.9 178.5 161.9 184.6 172.6 167.5 192.7 159.5 183.6 169.2 161.7 191.2 152.3 185.4 165.6 155.8 181.5 147.6 186.6 166.6 158.9 183.9 150.9 183.1 169.3 ' 171. 9 '168.8 ' 161.8 163.9 '159.4 ' 186.0 189.1 ' 182. 9 154.1 ' 156. 0 151.9 185.4 189.0 ' 189. 2 ' r r 104 "88 116 INDUSTRIAL PRODUCTION tf Federal Reserve Index of Quantity Output Unadj., total index (incl. utilities) ^--1957-59 =100.. By industry groupings: Manufacturing, total _ do __ Durable manufactures _. do Nondurable manufactures .. do Mining _ _ _ _ _ do _ Utilities do By market groupings: Final products, total Consumer goods . . Automotive and home goods Apparel and staples Equipment, including defense do o do. __ do _ do d 167.6 161.3 169.9 157.8 Materials.. _ do 165.7 162.4 155.1 151.9 157.8 164.8 Durable goods materials do-__ 173.0 167.6 175.1 163.9 173.7 Nondurable materials __do ' Revised. *> Preliminary. § See note marked "<•?" on p. S-2. t See corresponding note on p. S-l. t Series revised beginning 1960 (Alaska and Hawaii are included in dollar figures beginning 1960 and in the indexes from 1966 only); available monthly data prior to May 1968 may be obtained from the U.S. Dept. of Agriculture, Economic Research Service. 173.1 ' 172. 1 ' 173. 1 ' 174. 7 ' 178. 7 ' 169. 7 '133.3 176.9 178.8 182.0 174.9 133.8 169. 6 159. 8 183.1 175.9 168.1 192 190. 5 192.4 177.8 166.4 171.5 174.3 ' 174. 6 ' 175. 8 169.5 166.9 169.0 164.5 167.5 170 162.8 157.0 165.9 '166.2 ' 167. 7 158.2 158.9 159.6 157.4 153.1 186 184.1 176.2 ' 182. 8 ' 183. 1 180.6 176.0 179.3 179.6 176.3 177.9 <? Revisions for 1966 appear on p. 20 of the Nov. 1967 SURVEY; those for Jan.-Aug. 1967 will be shown later. 9 Includes data for items not shown separately. July 1969 SUEVEY OF CURRENT BUSINESS S-4 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1968 May Annual 1969 1968 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. May Apr. Mar. June v GENERAL BUSINESS INDICATORS—Continued 1 INDUSTRIAL PROD UCTIONc? — Continued Federal Reserve Index of Quantity Output— Con. Seas, adj., total index (incl. utilities) d"- 1957-59 = 100. By industry groupings: Manufacturing, total do Durable manufactures 9 Primary metals.. _ Iron and steel Nonferrous metals and products Fabricated metal products Structural metal parts. _. 173.9 175.0 165.3 164.2 165.8 166.0 164.6 165.1 166.0 167.5 168.7 169.1 170.1 ' 171. 4 159.7 166.8 165.8 167 3 167 4 165 7 166 4 167.8 169.1 170.2 170.2 171.8 r 163.7 132.5 126.8 153 2 161.9 158.1 169.8 137.1 130.8 159 9 167.9 162.2 169.8 148.5 146.4 161 2 165.0 159.8 171.0 148.6 148.4 150 4 166.1 161 8 170.8 145.8 146.6 153 6 166.2 159.7 167.8 122.8 112 9 153 9 166.3 159 1 168.7 120.6 107.3 166 2 167.6 161.1 169.3 123. 1 108.1 174.0 172. 2 165.1 171.3 129.3 115.8 173.8 173.5 168.3 172.4 135.4 124.6 180.7 175.6 170.3 173.0 139.5 126.8 179.6 176.4 170.1 174.5 143.6 133.7 183.4 177.6 174.5 r 175. 9 ' 146. 2 139.0 ' 186. 9 r 178. 5 175.8 ' 175. 7 ' 176. 9 147.8 149.0 ' 141. 1 ' 142. 7 ' 186. 1 185.7 ' 178. 3 ' 178. 7 174.4 173.1 178.1 152 145 181 175 Machinery. Nonelectrical machinery Electrical machinery Transportation equipment 9 Motor vehicles and parts Aircraft and other equipment _ - do do do do._. do do - 183.4 183.4 183.3 165.7 146.5 182.1 184.3 181.0 188.5 179.5 171.4 185.0 179.9 176.6 184.2 180.4 173.6 185.4 181 7 178.8 185.5 182.6 174 2 188.6 182 7 179.8 186.5 183.2 174.3 189.3 183 8 179.1 190.1 181.7 175.4 185.7 186 4 182.6 191.4 180.5 173.5 184.7 186.1 183.7 189.3 180.4 177.0 181.0 187.4 184.4 191.4 180.2 177.7 179.6 188.6 185.3 193.0 176.4 172.3 177.0 191.8 188.3 196.4 171.2 167.3 170.9 192.7 189.6 196.9 173.1 167.7 174.1 r 194. 7 190.2 '200.7 174.1 167.6 176.0 194.6 ' 190. 8 ' 199. 5 ' 172. 4 ••160.8 178.7 Instruments and related products Clay, glass, and stone products... Lumber and products Furniture and fixtures Miscellaneous manufactures _ do do . do do do 184.8 138.7 116 9 167.7 157.3 184.2 146.2 122.1 178.3 161.4 181.2 146.4 122.7 178.9 160.6 181.3 145. 1 123 4 178.0 160.9 179.2 145.2 120 6 177.8 161.1 182.6 147.5 114 7 178.6 161.4 184.3 150.0 119.4 179.7 162.0 185.8 151.8 119.4 180.4 162.1 188.5 150.4 126.1 181.7 162.5 189.7 151.2 132.3 182.9 165.3 191.6 156.2 122.5 186.8 166.2 190.4 156.5 126.7 186.5 164.7 192.8 ' 153. 4 130 8 187.0 165.7 195.4 ' 198. 6 '154.2 ' 156. 4 ' 122. 6 124.3 190.2 188.9 167.6 ' 167. 5 Nondurable manufactures Textile mill products... Apparel products Leather and products Paper and products.. _- do do do do do 154.6 142.0 147 6 106.3 153.6 163.0 151.3 149 9 111.3 163.8 160.8 147.2 149 6 118 0 161.1 162 7 148.8 151 4 115 8 162.9 163 0 150.9 150 4 107.0 164.1 163.0 151.4 149 0 109.5 164.1 163.6 152.0 149 9 109.3 166.1 165.9 153.3 152.1 113.0 166.7 166.3 155.1 152.5 111.7 170.1 167.4 153.5 149.2 109.2 169.9 166.7 152.9 148.1 105.0 171.1 168.3 169.8 ' 170. 2 169 5 152.0 r 152. 9 ' 154. 1 155.2 147.9 r 150 2 151 3 101.3 103.4 105 6 173.9 r 175 0 ' 175. 8 175.8 Printing and publishing Newspapers Chemicals and products Industrial chemicals Petroleum products do do do do do 146.8 134 2 203 8 236 0 133 4 149.5 136 1 221 6 261 7 139 6 149.8 134 4 216 6 255 5 139 9 149.6 134 7 219 3 258 0 140 6 149.5 134 7 222 4 264 4 139 5 151.1 137 7 221 0 262 7 140 7 150.0 140 9 222 4 263 2 141 9 151.2 138 4 227 8 268 2 142 2 152.3 140 8 228 7 268 0 141 4 152.3 139.5 231.8 275 0 141 2 152.4 141.2 231.3 273 4 131.0 152.1 ' 153. 0 141.7 ' 141. 4 234.4 ' 235. 2 276 7 ' 277. 7 142.7 140.2 Rubber and plastics products Foods and beverages Food manufactures Beverages Tobacco products do do do do do 193 5 132 6 130 1 146 0 120 3 220 0 135 8 132 7 152 6 120 9 214 3 134 0 131 9 145 0 120 0 218 0 135 5 132 2 153 1 122 8 222 4 135 1 132 7 147 9 123 4 223 1 135 3 131 5 155 7 123 1 223 4 135 4 131.5 156 0 124 0 225 8 137 3 133 3 158 6 120 8 227 5 136 1 132 8 153 7 119 9 234 6 138 8 134.6 161 6 113 6 230 8 139.4 136.1 157.4 119.5 232 8 140.9 137.2 160.9 121.2 ' 236. 2 141.5 136.7 167.2 118.7 do do do _. do do do 123.8 120 4 123.1 126.3 120 3 135 4 126 4 117 8 126.5 130 5 126 3 137 8 126 9 120 4 126.6 131 2 131 4 135 0 129 2 126 7 128.4 132 4 130 8 136 9 130 0 126 6 129.2 134.0 134 1 137 1 129.4 121 3 129.3 134.8 134 5 137 5 127.0 120 8 126.8 131.2 127 7 136.5 120.7 86 6 125.5 129.1 125 1 132 2 126.4 115 9 126.3 128 6 135 1 135 5 127.4 118 3 125.4 126.4 137 6 147 0 125.8 115.3 123.9 124.0 140.2 143.5 124.8 112.4 121.8 124.0 142.7 149.2 ' 126. 7 ' 114. 3 ' 123. 5 127.0 T 149. 1 150.5 do do do 184 9 191 8 163.0 202 1 211 3 196 1 199 3 208 2 171 3 202 1 211 5 172.6 204 8 214.7 208 9 219 3 206 9 216 0 210 1 219 9 215.1 226.1 214.9 225.5 ' 215. 1 ' 216. 3 ' 217. 9 226.9 225.7 168 4 197 9 207 0 169 2 219.0 9Q5 0 do do do 158.3 148 5 159.0 164.9 156 6 175.0 163 0 154 6 173.6 165.2 156 8 176.4 164.7 156 4 175.2 164.8 156 8 175.6 165.7 157.3 175.8 167.0 159 6 177.6 167.9 159 2 179.5 168.1 160 1 179.1 168.2 161.0 181.0 169.3 161.7 179.6 170.8 ' 170. 4 ' 171. 0 162.8 ' 162. 0 ' 162. 0 ' 181. 8 ' 177. 5 ' 178. 0 172.3 163.8 183 Automotive products Autos. _ Auto parts and allied products Home goods 9. __ Appliances, TV, and radios Furniture and rugs do do do do do do 149.1 145 7 153 6 166 0 159 6 159 6 174.3 174 8 173 8 175 4 168 5 173 7 178.1 182 3 172 6 170 4 156 7 174 6 180.7 183 5 177 1 173 4 161 6 174 8 180.4 183 7 176 1 171 5 161 8 174 5 177.1 182 4 170 2 174.6 168 0 174 0 175.6 177 4 173 2 175.9 170.4 175 5 178.9 180 3 177 0 176 7 171 8 174 2 181.2 180 6 182 1 178 3 171 9 177 0 177.8 174 5 182 2 180 0 173 2 180 2 176.2 170 6 183 5 184.3 177.7 184 3 174.7 165.0 187 6 183.0 179.1 181 2 ' 175. 4 165 0 r igg 0 'T 186. 3 182 9 182 0 ' 165. 4 149.6 ' r 186 1 ' 186. 0 ' 182. 0 ' 183 3 Apparel and staples Apparel, incl. knit goods and shoes Consumer staples Processed foods . . do do do do 145 1 136 2 147 6 130.0 150 8 139 5 154 0 132 6 148 6 139 5 151 2 131 0 150 6 140 8 153 4 132 2 150 4 139 4 153 5 132 9 150 7 139.8 153 9 132.5 151 5 139.6 154.9 132.5 153 9 142 3 157 1 133 2 152 8 142 0 155 8 132 0 154 1 138 7 158 4 134 7 154 7 140.8 158 6 134.8 156 0 141.4 160.2 136.7 r T r r 157 1 142.9 161. 1 ' 160 6 162 ' 137. 0 136.4 Beverages and tobacco Drugs, soap, and toiletries Newspapers, magazines, books Consumer fuel and lighting _ . do do do do 137 4 182 7 140 1 168.9 141 9 193 4 143 3 182 9 136 6 190 0 145 3 177 0 142 9 192 0 143 6 180 8 139 6 192 6 144 2 180 8 144 7 190 o 143 6 182.6 145 2 193.6 140.7 186.0 145 9 199 8 145 8 188 7 149 3 200 4 146 0 186 1 145 201 147 190 4 4 1 2 144 6 203.7 146 3 190.0 147 5 203.7 145 7 192.0 150 9 205 0 143 3 T 193. 6 Equipment, including defense 9 Business equipment Industrial equipment Commercial equipment Freight and passenger equipment Farm equipment. do do do do do do 179.4 182 8 170 2 200.9 215 4 158 7 182.6 184 7 168 1 205 2 234 3 146 1 181.1 182 5 165 8 203 6 231 5 145 1 183.2 184 3 168 0 204 6 234 0 144 2 182.6 183 4 167 5 202 4 234 3 139 6 181.9 18? 4 164 7 204.6 233 2 145 8 183.6 185 2 167.8 205.9 235 6 152.9 183.0 186 8 170 2 207 3 234 3 155 3 186.5 191 2 174 0 208 7 247 4 152 4 185.3 190 0 174 9 205 3 247 2 134 0 183.5 191 4 175 9 209.9 245 5 136 1 185.5 191 9 175.7 214.3 244 4 133 0 187.8 192 9 176 7 217 3 242 3 135 6 '188.5 r' 190. 1 ' 194 1 195 7 r 180.9 178 6 220.1 221.7 239 7 238 4 133 9 do do do do do 157 8 151.9 143 9 184 5 139 6 165 7 157.8 164 2 185 1 145 8 165 2 159.4 163 0 183 6 145 3 166 7 160.4 166 2 184 8 145 6 167 4 159.8 167 7 185 8 143 7 164 2 153.3 153 5 185 3 143 3 165.1 153.3 166 1 185 1 145 5 165 7 155.4 166 5 184 7 146 3 167 6 157.6 169 6 187 7 148 3 169 3 159.7 161 0 187 5 152 2 169 6 161.2 162 2 187 4 153 5 170 8 162.6 167 7 189 3 154 2 172 1 164.0 163 2 190 7 154 5 ' ' r r ' do do do do 163.9 152 9 148 5 155 1 173.7 157 4 156 7 157 7 171.2 154 5 155 6 154 0 173.9 159 0 158 9 159 0 175.3 157 9 156 0 158 8 175.5 158 4 154 2 160 5 177.2 161 1 163 4 160 0 176.4 162 3 167 4 159 8 177.9 161 7 161 5 161 8 179.2 163 2 164 8 162 4 178.3 164 2 167 4 162 6 179.2 164 4 168 1 162 5 ' 180. 3 ' 180. 1 T 155 3 r 162 3 r 170 4 r 165 0 144.3 151.5 129 2 132 7 183.3 & See corresponding note on p. S-3. 151.7 133 7 197.0 153.2 136 4 196.7 154.1 136 9 198.2 154.3 136 6 200.3 153.3 134 1 202.8 149.3 126 0 206. 3 152.5 131 4 205^7 151.9 130 0 206^7 151.8 127 8 211.5 152.3 127 7 212.5 ' 153. 7 ' 156. 9 T 130 2 r 134 2 213.' 7 '211.7 Mining. Coal.. Crude oil and natural gas.. Crude oil __. . Metal mining Stone and earth minerals Utilities, . Electric Gas _. . . By market groupings: Final products, totald" Consumer goods Automotive and home goods Materialscf Durable goods materials 9 Consumer durable . Equipment Construction Nondurable materials 9 Business supplies Containers General business supplies Business fuel and power 9 Mineral fuels Nonresidential utilities. T -do do do do do do ' 171. 7 ' 172. 7 173. 1 ' 173. 1 ' 173. 9 158.1 Revised. v Preliminary. ._ do do do 9 Includes data for items not shown separately. 156 8 142. 9 160 8 136. 4 r 162 7 ' 197. 0 193.2 201.9 ' 171. 8 ' 156. 8 ' 180. 8 ' 152. 7 ' 155. 9 ' 137. 5 142.8 ' 238. 1 237.4 281.6 ' 142. 2 142.8 r 140. 4 136.6 160.6 110.5 198 196 202 174 168 175 196 155 189 169 171.1 158 139.6 136.6 ' 128. 7 ' 130. 6 133.6 120.2 ' 123. 9 134 ' 126. 9 ' 129. 7 138 ' 130. 2 133.3 ' 144. 9 137.6 141.2 141.4 165.1 148. 9 186.4 187.1 182.4 184.2 178 168 r r 143 7 210. 0 145 9 194.1 208.6 147.3 190.4 198 172 7 ' 174 2 175.1 166 165. 6 ' 165. 8 157 9 155 o 190 3 191 5 152 8 153 4 r 160 9 182.9 165 3 168 5 163 7 185 159.3 137 5 162 141 July 1968 S-5 SURVEY OF CURRENT BUSINESS Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1968 Annual 1969 1968 May June j July Aug. Sept. Oct. Nov. Dec. Apr. May Jan. Feb. Mar. 93, 265 95, 674 102,367 ' 103, 41S 105, 233 June GENERAL BUSINESS INDICATORS—Continued BUSINESS SALES AND INVENTORIES § Mfg. and trade sales (unadj.), totald" mil. $._ U,067,539 11,163,371 98, 459 100,011 94,408 96, 310 98,605 103,413 101,513 103,200 Mfg. and trade sales (seas, adj.) , totaled- - -do U,067,539 11,163,371 96,069 97, 423 98,368 97, 083 99, 135 99, 675 100,142 98, 671 do do do 1548, 542 1603,718 299, 680 330, 951 248, 862 272, 767 50, 014 27,509 22, 505 50, 729 27, 633 23,096 51, 425 i 49,825 28, 211 26,837 23, 214 22, 988 51,441 27, 985 23, 456 52, 560 28,960 23,600 52,548 28,786 23, 762 51, 494 27, 742 23,752 52,801 29, 325 23, 476 53, 302 29, 914 23,388 53,078 ••53,298 29,530 '29,643 23,548 '23,655 do do do 1313,809 1339,710 100, 173 110, 245 213, 636 229, 465 28, 158 9,132 19, 026 28, 320 9,197 19, 123 28, 674 9,313 19, 361 28, 760 9,377 19, 383 28, 902 9,687 19, 215 28, 697 9,342 19, 355 28,806 9,314 19, 492 28, 347 9,238 19, 109 28,989 9,446 19, 543 29,289 9,597 19, 692 28, 916 '29,442 29,164 9,377 ' 9, 575 9,481 19,539 ' 19, 867 19,683 do i 205,188 1219,943 do 90, 447 100, 012 do . 114, 741 119, 930 17,897 8,058 9,839 18,374 8,152 10, 222 18, 269 8,309 9,960 18,498 8,301 10, 197 18, 792 8,554 10, 238 18, 418 8,536 9,882 18, 788 8,764 10, 024 18,830 8,734 10, 096 18, 347 8,555 9,792 18, 799 8,938 9,861 19, 516 '19,612 20, 080 9,071 ' 9, 132 9,313 10,445 ' 10, 480 10, 767 Manufacturing, total d" Durable goods industries Nondurable goods in dustries.. Retail trade, total d* Durable goods stores Nondurable goods stores _ _ Merchant wholesalers, total Durable goods establishments.. Nondurable goods establishments 100,137 101, 390 101,510 ' 102, 352 103, 108 53, 864 29, 607 24, 257 Mfg. and trade inventories, book value, end of year or month (unadj.), totalcf mil. $ 142, 213 152, 188 149,140 148,890 148,138 148,320 149,122 152,201 153,987 152,188 Mfg. and trade inventories, book value, end of year or month (seas, adj.), total d" — mil $ 143, 772 153,860 147,808 148,522 149,063 149,923 150,725 152,122 152,936 153,860 154,180 155, 432 156,492 ' 157, 568158, 498 82, 819 53,540 29, 279 39, 318 17,403 21, 915 21, 635 12, 543 9,092 88.579 57; 422 31, 157 42, 657 19, 461 23, 196 22, 624 13, 454 9,170 85,278 55, 234 30,044 40,606 18,248 22, 358 21,924 12,664 9,260 85,582 55, 442 30, 140 40, 842 18, 440 22, 402 22, 098 12, 775 9,323 85,829 55, 461 30, 368 41, 065 18, 475 22, 590 22, 169 12, 923 9,246 86, 713 56,069 30,644 41, 010 18, 501 22, 509 22,200 13, 166 9,034 87,109 56,458 30, 651 41, 424 18, 622 22, 802 22, 192 13, 064 9,128 87, 566 56, 657 30, 909 42, 220 19, 165 23, 055 22, 336 13, 218 9,118 87,947 56,953 30, 994 42, 488 19, 361 23, 127 22, 501 13, 332 9,169 ratio 1.58 1.53 1.54 1.52 1.52 1.54 1.52 1.53 1.53 Manufacturing, total d" do Durable goods industries do Materials and supplies do Work in process ___ do Finished goods do Nondurable goods industries do Materials and supplies do Work in process do Finished goods _ do Retail trade, total cT do Durable goods stores do Nondurable goods stores . . do Merchant wholesalers, total . do Durable goods establishments., do Nondurable goods establishments do MANUFACTURERS* SALES, INVENTORIES, AND ORDERS Manufacturers' export sales: Durable goods industries: Unadjusted, total mil. $ Seasonally adj., total* do 1.77 2.08 .62 .94 .52 1.40 .55 .21 .64 1.47 2.03 1.21 1.22 1.61 .91 1.70 2.01 .59 .92 .50 1.33 .50 .20 .62 1.44 2.00 1.18 1.20 1.54 .92 1.71 2.01 .60 .92 .49 1.33 .50 .20 .63 1.44 2.00 1.18 1.23 1.57 .94 1.69 2.01 .60 .92 .49 1.30 .49 .20 .61 1.44 2.01 1.17 1.20 1.57 .91 1.67 1.97 .59 .89 .48 1.31 .49 .20 .62 1.43 1.98 1.17 1.21 1.56 .93 1.74 2.09 .63 .95 .51 1.33 .50 .21 .63 1.43 1.97 1.16 1.20 1.59 .89 1.69 2.02 .60 .92 .50 1.31 .49 .20 .62 1.43 1.92 1.19 1.18 1.53 .89 1.67 1.96 .58 .89 .49 1.31 .49 .20 .62 1.47 2.05 1.19 1.21 1.55 .92 12, 853 14, 944 1,268 1, 223 1,256 1,222 1,180 1,314 1,152 1,261 1,275 1,293 Manufacturing, totalcf _.. Durable goods industries Nondurable goods industries Retail trade, total U Durable goods stores _ _ Nondurable goods stores . Merchant wholesalers, total Durable goods establishments Nondurable goods establishments. __ Inventory-sales ratios: Manufacturing and trade, totalcf Shipments (not seas, adj.), totald". do do do do do do do do _. do 153,360 155, 583 157,840 '159,453 159, 976 88,905 57, 879 31, 026 42, 740 19, 622 23, 118 22, 535 13, 373 9,162 89, 556 58, 282 31, 274 43, 014 19, 487 23, 527 22, 862 13, 532 9,330 90,317 58,978 31,339 43,004 19,542 23,462 23, 171 13,681 9,490 1.56 1.54 1.53 1.54 1.54 1.54 1.67 1.98 .58 .91 .49 1.30 .48 .20 .62 1.47 2.08 1.19 1.20 1.52 .91 1.72 2.07 .60 .95 .52 1.31 .49 .20 .62 1.50 2.11 1.21 1.20 1.54 .91 1.68 1.97 .57 .91 .50 1.32 .49 .21 .62 1.47 2.08 1.18 1.23 1.56 .94 1.68 1.95 .56 .90 .49 1.34 .49 .21 .63 1.47 2.03 1.19 1.22 1.51 .95 1.70 2.00 .58 .92 .50 1.33 .49 .21 .63 1.49 2.08 1.20 1.19 1.51 .91 1.71 2.00 .57 .93 .51 1.34 '.49 .21 .63 '1.46 '2.04 1.19 1.19 '1.52 .91 1.71 2.03 .58 .95 .51 1.31 .48 .21 .62 1.48 2.01 1.22 1.17 1.50 .88 1,370 1,356 1,399 1,378 1,396 1,265 1,134 1,204 1,256 1,299 1,452 1,353 55, 254 88,579 57, 422 31, 157 42, 657 19, 461 23, 196 22, 624 13, 454 9,170 '91,018 ' 59, 426 '31,592 43, 118 19, 567 23, 551 '23,432 '13,860 ' 9, 572 91, 998 60, 169 31, 829 43, 025 19,044 23, 981 23, 475 13, 949 9,526 ' 1, 449 1,448 ' 1, 430 1,398 do 548,542 603, 718 50,596 53,163 47,378 47, 967 52,950 54,016 52, 495 50, 197 49, 452 53, 933 Durable goods industries, total 9 Stone, clay, and glass products Primary metals . . Blast furnaces, steel mills Fabricated metal products Machinery, except electrical Electrical machinery. Transportation equipment. ... Motor vehicles and parts Instruments and related products do do do do do do do do do do 299, 680 14, 479 45, 867 22, 846 31, 443 52,066 41, 443 74, 863 43,096 9,500 330, 951 15, 754 50, 457 24, 901 34, 180 58,047 42, 353 84, 163 47, 638 11, 370 28,283 1,373 4,663 2,457 2,900 4,808 3,361 7,410 4,423 909 29,606 1,402 4,852 2,617 3,015 5,165 3,717 7,466 4,395 994 25, 612 1,297 4,352 2,554 2,703 4,376 3,151 6,086 3,096 860 24, 692 1,403 3,536 1,497 2,896 4,519 3,389 4,976 2,126 955 28,404 1,449 3,912 1,579 2,965 5,029 3,754 7,067 4,018 1,062 29,541 1,496 4,125 1,754 3,079 5,094 3,681 7,835 4,749 1,025 28, 831 1,325 4,051 1,698 2,852 4,968 3,692 7,932 4,665 1,043 27, 651 1,215 3,910 1,707 2,685 5,113 3,593 7,302 3,935 1,041 27, 331 1,198 4,329 1,997 2,657 4,745 3,362 7,192 4,236 967 30, 287 31, 054 1,387 1,295 4,884 4,741 2,305 2,153 2,994 3,009 5,720 5, 513 3,728 3,867 7,741 7,814 4,393 4,446 1,056 1,101 30,654 '30,400 232,300 ' 1, 438 1,440 ' 4, 893 '4,900 25,000 2,273 2,305 ' 3, 109 3,047 ' 5, 559 5,454 ' 3, 686 3,680 ' 7, 654 '7,700 2 7, 900 ' 4, 281 4,225 ' 1, 068 1,087 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 248, 862 83, 017 4,768 19, 241 21, 120 42, 347 21, 211 12, 597 272, 767 90, 157 4,922 21, 458 24,208 46, 465 22, 267 14, 265 22, 313 7,233 421 1,765 2,014 3,969 1,811 1,245 23, 557 7,680 437 1,892 2,123 4,127 1,955 1,252 21, 766 7,455 419 1,585 1,901 3,588 1,837 1,099 23,275 7,729 438 1,819 2,041 3,940 1,884 1,160 24,546 8,251 423 1,981 2,186 4,204 1,897 1,221 24,475 8,115 412 1,956 2,174 4,109 1,905 1,321 23, 664 7,997 420 1,863 2,077 3,923 1,910 1,239 22, 546 7,732 414 1,702 2,020 3,634 1,912 1,240 22, 121 7,327 376 1,626 2,070 3,749 1,855 1,227 23,646 7,644 399 1,752 2,219 3, 995 1,949 1,344 24,200 7,825 404 1,830 2,259 4,106 1,930 1,387 24, 039 ' 7, 662 '414 ' 1, 756 ' 2, 256 ' 4, 254 1,971 ' 1, 413 24, 100 7,869 443 1,727 2,250 4,250 2,055 1,369 53,864 Shipments (seas, adj.), totald" do By industry group: Durable goods industries, total 9 _. . do Stone, clay, and glass products do Primary metals do Blast furnaces, st<-el mills do Fabricated metal products do Machinery, except electrical. do Electrical machinery... do Transportation equipment do Motor vehicles and parts.. do Instruments and related products do 54, 693 54, 525 50,014 50,729 51, 425 49, 825 51, 441 52,560 52, 548 51, 494 52, 801 53,302 53, 078 53, 298 27,509 1,329 4,423 2,288 2,841 4,657 3,475 7,020 4,092 923 27, 633 1,263 4,603 2,504 2,811 4,749 3,601 6,801 3,879 944 28, 211 1,280 4,741 2,720 2,898 4,740 3,503 7,148 3,874 926 26,837 1,295 3,662 1,516 2,799 4,853 3,503 6,906 3,966 969 27, 985 1,347 3,963 1,626 2,859 5,075 3,545 7,227 4,188 999 28,960 1,390 4,220 1,835 3,005 5,194 3,529 7,555 4,329 989 28, 786 1,334 4,180 1,807 2,896 5,185 3,586 7,568 4,238 1,028 27, 742 1,352 4,152 1,894 2,793 5,009 3,511 6,845 3,722 984 29, 325 1,414 4,508 2,089 2,961 5,222 3,620 7,284 4,117 1,089 29,914 1,454 4,585 2,096 3,031 5,352 3,685 7,463 4,212 1,083 29, 530 1,441 4,578 2,115 2,940 5,319 3,725 7,273 4,042 1,078 29, 643 '29,600 230, 100 ' 1, 422 1,393 ' 4, 571 '4,600 24,800 2,117 2,096 2,984 '3,061 ' 5, 276 5,282 ' 3, 737 3,771 ' 7, 346 '7,300 * 7, 200 ' 3, 997 3,912 ' 1, 084 1,105 22, 505 23, 096 23, 214 7,499 7,754 7,267 421 399 408 1,804 1,804 1,867 2,045 2,023 2,056 3,811 3,966 3,881 1,911 1,824 1,824 1,204 1,182 1,210 2 'Revised. 1 Based on data not seasonally adjusted. Advance estimate; total mfrs. shipments for Mpy 1969 do not reflect revisions for selected components. § The term "busi- 22,988 7,721 418 1,746 2,016 4,014 1,869 1,197 23, 456 7,812 411 1,848 2,117 4,061 1,884 1,221 23,600 7,869 421 1,805 2,112 4,061 1,890 1,276 23, 762 8,003 418 1,788 2,089 4,139 1,919 1,279 23, 752 7,930 420 1,804 2,109 4,065 1,925 1,286 23, 476 7,669 414 1,790 2,172 3,935 1,894 1,301 23,388 7,624 415 1,740 2,201 3,980 1,949 1,328 Nondurable goods industries, total 9 Food and kindred products.. Tobacco products Tex tile mill products Paper and allied products Chemicals and allied products Petroleum arid coal products. Rubber and plastics products do do do do do do do do and S-12. d" Series revised to reflect benchmarking manufacturing "data to surveys of manufactures, and to reflect revision of the retail sales sample. Complete details 23, 548 23, 655 24, 257 7,778 ' 7, 755 7,907 411 444 421 -1,784 ' 1, 758 1,762 2,186 ' 2, 226 2,262 3,892 ' 3, 913 4,065 1,971 2,068 1,988 1.327 ' 1. 333 1.324 for manufacturing appear in the Census report Manufacturers' Shipments, Inventories, and Orders: 1961-68—Series M3-1.1. See note marked "|" for p. S-ll regarding new retail sales sample. Revised unadj. data for mfg. and trade sales back to 1961, and unadj. and seas. adj. inventories back to 1961 appear on p. 22 ff. of the Nov. 1968 SURVEY; seas. adj. mfg. and trade sales and retail sales for 1961-67 and inventory-sales ratios for 1961-67 appear on p. 51 ff. of the May 1969 SURVEY. ^ Revised series; see corresponding note on p. S-12. * New series. 9 Includes data for items not shown separately. SUEVEY OF CURRENT BUSINESS S-6 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 1968 1967 Annual July 1969 May June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SALES, INVENTORIES, AND ORDERScf— Continued Shipments (seas, adj.)— Continued By market category: Home goods and apparel mil. $-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 (old series) do Defense products* do Machinery and equipment do Inventories, end of year or month: Book value (unadjusted) total cf Durable goods industries total Nondurable goods industries, total do do do Book value (seasonally adjusted), totaled do By industry group: Durable goods industries, total 9 do Stone, clay, and glass products do Primary metals do Blast furnaces, steel mills do Fabricated metal products do Machinery except electrical do Electrical machinery do Transportation equipment do Motor vehicles and parts do Instruments and related products. _do By stage of fabrication:^ Materials and supplies 9 do ___ 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 Machinery (elec. and nonelec. )._.do Transportation equipment,do Nondurable goods industries, total 9. -do Food and kindred products do Tobacco products do Textile mill products do Paper and allied products do Chemicals and allied products do Petroleum and coal products do Rubber and plastics products do. _. By stage of fabrication: Materials and supplies do Work in process do Finished goods do By market category: Home goods and apparel _ _ do Consumer staples do Equip, and defense prod., excl. auto do Automotive equipment do. . Construction materials and supplies do Other materials and supplies _do . Supplementary market categories: Consumer durables do Defense products (old series) do Defense products* do Machinery and equipment.. . _do New orders, net (not seas, adj.), totald". . ..do. _ Durable goods industries, total do Nondurable goods industries, total __do By industry group: Durable goods industries, total 9 Primary metals Blast furnaces, steel mills __ Fabricated metal products Machinery, except electrical . Electrical machinery Transportation equipment Aircraft, missiles, and parts 1 4,825 9,346 7,743 4,622 3,966 19, 512 4,908 9,549 7,803 4,401 3,972 20,096 4,865 9,862 8,277 4,430 4,052 19, 939 4,519 9,831 8,015 4,559 3,998 18,903 4,551 9,905 8,234 4,771 4,248 19, 732 4,559 10, 126 8,483 4,919 4,304 20, 169 4,407 10, 257 8,609 4,821 4,221 20,233 4,569 10,228 8,182 4,275 4,218 20, 022 4,849 9,945 8,764 4,642 4,444 20, 157 4,715 9,841 8,828 4,764 4,637 20, 517 4,703 9,927 8,738 4,572 4,517 20,621 24, 031 46, 201 23, 917 68, 757 2,035 3,763 1,948 5,578 2,023 3,788 1,905 5,657 2,049 4,126 2,217 5,589 1,939 3,742 1,823 5,682 1,990 3,839 1,884 5,921 2,032 4,060 2,070 5,926 1,927 4,078 2,042 6,140 2,033 3,830 2,080 5,959 2,153 3,971 1,875 6,102 2,165 4,009 1,851 6,263 2,126 4,001 1,875 6,212 ' 2, 159 ' 4, 128 ' 2, 035 ••6,160 2,144 4,108 1,982 6,236 82, 561 53, 217 29,344 88, 239 57, 034 31, 205 85, 828 55, 731 30, 097 85, 775 55, 756 30, 019 85, 314 55, 128 30, 186 86,247 55,897 30,350 86,409 56, 141 30,268 86,887 56, 265 30, 622 87, 382 56, 497 30,885 88,239 57,034 31,205 89, 179 57, 789 31, 390 90,158 58,568 31, 590 90,885 59,293 31, 592 91, 779 59, 973 31,806 92, 662 60,752 31, 910 82,819 88, 579 85, 278 85, 582 85,829 86,713 87,109 87, 566 87, 947 88,579 88,905 89,556 90,317 91, 018 91, 998 55, 461 1,997 7,255 3,831 6,077 11, 132 8,463 13, 494 4,280 2,056 56,069 2,003 7,433 3,994 6,102 11,174 8,448 13,761 4,411 2,061 56,458 2,029 7,502 4,065 6,121 11, 213 8,502 13, 889 4,248 2,067 56, 657 2,064 7,426 3,985 6,229 11, 147 8,524 13, 891 4,257 2,105 56, 953 2,153 7,504 4,010 6,229 11, 222 8,528 13, 844 4,221 2,122 57, 422 2,219 7,552 4,039 6,287 11, 310 8,560 13, 939 4,257 2,183 57, 879 2,289 7,528 4,019 6,289 11, 528 8,551 14, 076 4,308 2,240 58,282 2,372 7,554 4,042 6,129 11, 738 8,592 14, 186 4,226 2,275 58,978 2,361 7,627 4,074 6,220 11,837 8,735 14, 350 4,289 2,319 ••59,426 ' 2, 391 ••7,682 ' 6, 267 ••11,946 ' 8, 762 ••14,482 4,263 ' 2, 345 60, 169 2,388 7,771 4,200 6,276 12,104 8,973 14,664 4,199 2,342 151,206 i 55, 126 115, 551 »106,412 1 84, 149 i 96, 115 148,769 i 54, 048 1 42, 916 i 48, 587 1215,090 234, 291 123,461 139,279 163,709 i i i i ' 4, 738 4,833 r 9, 981 10, 193 ••8,886 8,872 ••4,531 4,466 r 4, 531 4,485 20,631 21, 015 53, 540 1,952 7,644 4,319 5,465 10, 905 8,157 12, 679 3,827 2,013 57, 422 2,219 7,552 4,039 6,287 11,310 8,560 13, 939 4,257 2,183 55, 234 1,940 7,657 4,302 5,823 11, 061 8,400 13, 430 4,118 2,025 55, 442 1,957 7,506 4,109 5,963 11, 107 8,352 13, 603 4,172 2,042 15, 592 2,815 4,785 2,968 24, 675 2,671 9,021 8,527 13, 273 2,158 5,256 1,184 16,637 2,787 4,821 3,402 26, 357 2,547 9,472 9,162 14, 428 2,218 5,577 1,375 16, 379 2,872 4,903 3,295 25, 392 2,570 9,243 8,941 13, 463 2,215 5,315 1,194 16, 498 2,832 4,876 3,379 25, 490 2,505 9,260 9,044 13, 454 2,169 5,323 1,180 16, 753 2,833 4,907 3,450 25, 237 2,387 9,273 8,845 13, 471 2,035 5,415 1,199 16,781 2,853 4,867 3,496 25,544 2,469 9,311 8,981 13,744 2,111 5,444 1,284 16,704 2,876 4,850 3,436 25, 772 2,486 9,305 9,128 13, 982 2,140 5,560 1,325 16,763 2,850 4,816 3,403 25, 825 2,451 9,319 9,146 14,069 2,125 5,536 1,342 16, 676 2,783 4,830 3,366 26, 085 2,536 9,391 9,139 14, 192 2,185 5,529 1,339 16, 637 2,787 4,821 3,402 26,357 2,547 9,472 9,162 14, 428 2,218 5,577 1,375 16,706 2,800 4,862 3,348 26, 631 2,506 9,611 9,289 14, 542 2,222 5,606 1,439 16, 613 2,765 4,935 3,301 26, 961 2,535 9,769 9,436 14,708 2,254 5,626 1,449 16,980 2,824 5,003 3,388 27, 264 2,573 9,879 9,561 14, 734 2,230 5,690 1,401 ••16,935 ' 2, 814 ' 5, 024 ' 3, 348 '27,463 ' 2, 609 ••9,948 ' 9, 657 ••15,028 ' 2, 259 ' 5, 736 ' 1, 477 17, 039 2,839 5,115 3,313 28, 108 2,630 10, 072 9,852 15, 022 2,302 5,890 1,499 29, 279 7,094 2,269 3,232 2,190 5,600 1,971 1,601 31, 157 7,370 2,261 3,539 2,384 5,937 2,118 1,801 30, 044 7,226 2,261 3,406 2,284 5,698 1,981 1,674 30, 140 7,262 2,278 3,440 2,326 5,664 2,021 1,693 30, 368 7,376 2,276 3,392 2,338 5,708 2,047 1,704 30,644 7,434 2,259 3,474 2,327 5,751 2,066 1,748 30, 651 7,423 2,219 3,477 2,331 5,793 2,083 1,733 30, 909 7,491 2,211 3,470 2,359 5,871 2,114 1,731 30, 994 7,417 2,231 3,425 2,351 5,882 2,136 1,833 31, 157 7,370 2,261 3,539 2,384 5,937 2,118 1,801 31, 026 7,264 2,219 3,507 2,403 5,977 2,068 1,811 31, 274 7,248 2,203 3,534 2,419 6,088 2,076 1,831 592 31,339 "31, r 7, 293 7,215 2,203 2,226 3,548 ' 3, 581 2,420 ' 2, 439 6,177 ' 6, 255 2,069 ' 2, 061 1,799 ' 1, 811 31, 829 7,364 2,211 3,564 2,460 6,330 2,072 1,831 11, 247 4,496 13, 536 11, 598 4,855 14, 704 11,312 4,604 14, 128 11,333 4,619 14, 188 11, 366 4,682 14,320 11,508 4,729 14,407 11,511 4,679 14, 461 11,609 4,724 14, 576 11,512 4,752 14, 730 11, 598 4,855 14,704 11, 497 4,991 14, 538 11,554 5,014 14,706 11, 519 ••11,672 11, 763 4,943 ' 4, 970 5,025 14,877 ••14,950 15,041 8,589 11, 297 20, 955 4,640 6,445 30, 893 9,469 11, 786 22, 191 5, 199 7, 410 32, 524 8,927 11,514 21, 595 4,997 6,686 31, 559 8,853 11,532 21, 769 5,042 6,754 31, 632 8,932 11, 675 21, 604 5,167 6,887 31, 564 9,043 11,714 21,774 5,306 6,944 31,932 9,206 11,709 21, 988 5,172 6,969 32, 065 9,327 11, 789 21, 943 5,195 7,129 32,183 9,460 11, 758 22, 018 5,134 7,236 32, 341 9,469 11, 786 22, 191 5,199 7,410 32, 524 9,360 11, 696 22, 475 5,281 7,538 32, 555 9,490 11, 807 22, 753 5,235 7,540 32, 731 9,667 ' 9, 738 11,830 ••11,903 22,970 ••23,066 5,332 ' 5, 330 7,640 ••7,723 32, 878 ••33,258 4,333 10, 307 13,689 4,645 11, 513 7,126 14, 038 4,386 10, 872 7,025 13, 873 4,344 10,945 7,105 14, 000 4,446 10, 958 6,987 13, 851 4,498 11,146 7,138 13, 846 4,643 11,404 7,287 13, 873 4,671 11,410 7,233 13, 851 4,727 11,458 7,251 13,881 4,645 11,513 7,126 14,038 4,579 11,571 7,227 14, 308 4,717 11, 675 7,324 14, 494 4,821 ' 4, 867 4,925 12, 181 11, 741 ••11,824 r 7,484 7, 374 7,327 14, 702 ••14,852 15, 019 551, 138 302, 265 248,873 607, 161 334, 422 272, 739 49, 511 27, 179 22,332 52, 469 28, 866 23, 603 46, 738 24, 951 21,787 48,449 25,316 23,133 53,605 29,052 24,553 55, 022 30, 536 24, 486 52, 136 28, 471 23, 665 51,134 28, 650 22,484 50, 638 28, 531 22, 107 54,850 31, 125 23, 725 55, 696 ••56,010 54,207 31,449 ••31,896 '30,200 231,500 24, 247 ••24,114 24,096 1551,138 1 607, 161 49, 650 49, 850 50,181 50, 201 51, 877 53,931 53,100 53, 101 53, 119 53,901 53,283 ••54,635 29, 325 4,475 2,120 3,225 5,134 3,505 7,589 2,654 29, 380 4,345 1,941 3,195 5,210 3,656 7,578 2,755 29,684 4,675 2,124 2,755 5,350 3,581 7,487 2,690 30, 482 4,666 2,071 2,841 5,626 3,767 7,842 3,031 29,697 4,614 2,110 2,980 5,538 3,746 7,107 2,492 ' 4, 121 9,847 11, 980 23, 543 5,302 7,753 33, 573 54,144 '30,944 '30,000 229,100 ••4,806 '4,800 24,800 ' 2, 307 2,243 3,129 ' 3, 158 ' 5, 650 5,599 ' 3, 928 3,708 ' 7, 695 '7,200 26,500 ' 2, 562 2,533 26, 925 3,859 1,791 2,755 4,923 3,476 6,749 2,396 27, 329 3,491 1,400 2,917 4,766 3,501 7,479 2,492 28,381 4,092 1,682 3,103 5,184 3,668 6,996 2,098 30, 280 4,397 1,990 3,271 5,403 3,751 7,764 2,749 Nondurable goods industries, total do 248, 873 272, 739 22, 478 23, 149 23, 256 6,304 74, 348 6,134 6,271 Industries with unfilled orders© __do 66, 285 Industries without unfilled orders! do 182, 588 198, 391 16, 344 16, 878 16, 952 By market category: 4,838 5,089 4,737 150,966 i 55, 173 Home goods and apparel . .do 9,874 Consumer staples do 9,568 9,351 1106,416 1115,594 7,888 Equip, and defense prod., excl. auto do _ _ 186,057 i 98, 601 7,579 7,909 4,431 4,554 4,408 148,306 i 54, 554 Automotive equipment _ _ _ do 3,956 4,090 4,080 Construction materials and supplies do 144,019 i 49, 522 Other materials and supplies do 1215,374 1233,717 19,009 19, 126 19, 194 Supplementary market categories: 2,034 Consumer durables .. do 2,207 1,962 123,257 i 24, 120 3,666 Defense products (old series) do. . . 142,473 i 47, 409 4,011 2,963 1,914 Defense products* do 2,059 2,268 5,714 Machinery and equipment do 5,968 162,999 i 69, 650 5,447 2 ' Revised. i Based on data not seasonally adjusted. Advance estimate; total mfrs. new orders for May 1969 do not reflect revisions for selected components. cf See corresponding note on p. S-5. *New series; see corresponding note on p. S-7. 9 Includes data for items not shown separately. © Includes textile mill products, leather and products, paper and allied products, and printing and publishing industries; unfilled orders for other 22,872 5,953 16, 919 23,496 6,434 17, 062 23,651 6,518 17, 133 23, 775 6,447 17, 328 23, 721 6,451 17, 270 23,435 6,494 16, 941 23, 419 6.504 16, 915 23, 586 '23,691 6,568 '6,637 17, 018 '17,054 24, 211 6,677 17, 534 4,460 9,827 8,142 4,649 4,135 18,988 4,601 9,931 8,495 4,984 4,480 19, 386 4,575 10, 126 9,527 4,694 4,500 20, 509 4,425 10, 256 8,370 4,864 4,510 20, 675 4,595 10, 220 8,649 4,639 4,508 20, 490 4,816 9,945 9,043 4, 710 4,333 20, 272 4,764 9,845 9,520 4,743 4,507 20, 522 4,801 '4,750 9,920 ' 9, 969 8,719 ' 9, 305 4,581 ' 4, 665 4,493 '4,642 20, 769 '21,304 4,733 10, 189 8,589 4,665 4,538 21,430 302, 265 do do 45, 393 23, 037 do do. __ 32, 557 51,714 do do 41, 749 do 76, 849 do. _ 28, 620 334, 422 49, 790 24, 380 35, 276 58, 286 42, 330 86, 790 31,514 27, 172 3,900 2,014 2,941 4,665 3,313 7,343 2,903 26, 701 3,867 1,755 2,824 4,810 3,725 6,259 1,616 2,204 ' 2, 156 ^,000 22,300 2,235 2,128 2,084 1,973 2,033 2,033 1,884 4,392 3,806 ' 4, 015 '3,800 22.800 4,025 4,198 3,895 4,407 3,554 3,913 ' 2, 076 '1,800 21,300 2,251 2,313 1,844 2,314 2,384 1,953 1,919 2,355 6,414 '7,099 '6,400 26,500 6,511 6,204 6,237 6,089 6,550 5,916 6,027 nondurable goods industries are zero. , ^ . , .+.* HFor these industries (food and kindred products, tobacco products, apparel and related products, petroleum and coal products, chemicals and allied products, and rubber and plastics products) sales are considered equal to new orders. SURVEY OF CURRENT BUSINESS July 1969 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 Annual S-7 1969 1968 May June July Aug. Sept. Oct. Nov. Dec. Apr. May Jan. Feb. Mar. 85, 938 82,946 2,992 87,126 84,150 2,976 88,041 84,988 3,053 88,480 '89,796 89, 481 85,380 '86,621 '86,400 285,600 3,100 ' 3, 175 3,171 88,064 88, 267 '89,603 June GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SALES, INVENTORIES, AND ORDERS^— Continued Unfilled orders, end of year or month (unadjusted), total^f mil. $ Durable goods industries, total... ... . d o Nondur goods ind with unfilled orders© do 82,499 79,480 3,019 85,938 82,946 2,992 84, 555 81, 446 3,109 83,861 83, 220 80,706 80,044 3,155 3,176 83,700 80,667 3,033 84, 358 81, 318 3,040 85, 357 82, 307 3 050 85, 003 81, 951 3, 052 Unfilled orders, end of year or month (seasonally adjusted) total^ mil $ By industry group: Durable goods industries, total 9 ..do Primary metals - . _ _ _ _ . _ . d o Blast furnaces, steel mills do Fabricated metal products _ do Machinery, except electrical __ . __do Electrical machinery do Transportation equipment do Aircraft, missiles, and parts... do,. _ 83,686 87, 152 84, 927 84,048 82 806 83, 184 83, 617 84 991 85, 539 87, 152 87,469 80, 578 7,019 3,644 8,976 14, 551 13, 235 31, 031 25, 682 84, 071 81, 902 6,327 7,322 4,324 3,100 8,882 10, 114 14, 790 14, 164 13, 210 12, 705 33, 670 33,309 26,858 28, 140 80,970 6,586 3,575 8,895 14, 225 12 829 32, 767 27, 288 79,684 5,704 2,645 8,752 14, 408 12 803 32, 368 26, 922 80, 177 5,533 2,529 8,870 14, 321 12, 801 32, 941 27, 012 80, 572 5,662 2,585 9,115 14, 430 12 923 32, 709 26,604 81, 894 5,840 2 740 9 381 14,637 13 148 32, 918 26, 670 82, 429 6, 133 3, 053 9, 711 14, 58P 13 065 32, 936 26, 599 84, 071 6,327 3,100 10, 114 14, 790 13, 210 33, 670 26, 858 84,431 84,994 85, 159 '86, 461 6,494 6,575 6,611 '6,848 3,104 ' 3, 316 3,134 3,109 9,756 ' 9, 854 9,908 9,716 15, 193 15, 410 ' 15, 783 14,919 13,170 13, 251 13, 272 ' 13, 461 33,873 34, 251 34,086 '34,436 26,953 27,345 27, 173 '26,987 Nondur. goods ind. with unfilled orders© . do 3,108 3,081 3,025 3 078 3 122 3,007 3,045 3 097 3, 110 3,081 3,038 2,125 44, 304 9,313 27, 944 2,220 47,300 10, 279 27, 353 1,970 45, 755 9 122 28, 080 2 170 45, 538 9 230 27 110 2,091 45,368 9,270 26, 455 2 165 45, 843 9 504 26, 105 2 182 46, 662 9 700 26, 447 2, 199 46, 468 9 990 26 882 2,220 47,300 10, 279 27, 353 2,186 47,649 10 169 27,465 1,698 31,888 21 243 1,790 33, 108 21, 818 22 141 1 536 1 720 1 705 1,650 33, 976 33 151 32 690 32,860 20, 941 21 095 20 792 21, 324 20 512 20 823 20 951 21, 295 1 692 32, 577 21, 358 21 287 1 693 1 738 32, 925 32, 740 21, 672 21, 584 21 912 21 862 1,790 33, 108 21,818 22 141 1 765 1,834 33,163 33,546 21,786 22, 249 22242 22, 489 1,911 33, 350 22, 526 22 691 ' 1,909 '33,237 '22,567 '23 627 1,816 32, 901 22, 328 23 726 206, 569 233, 635 19 940 18 796 18 670 19 197 19 733 19 530 19, 052 20, Oil 19 015 20 986 21 636 21, 394 17 770 21 155 20 310 20 292 24 327 20, 578 20 811 22 199 23, 089 21, 353 24 700 23 467 23 694 23 230 12, 364 1,329 2,261 1,832 5,696 1,246 9,636 1,106 1,670 1,513 4,366 981 909 92 168 150 393 106 751 92 140 128 317 74 810 88 134 119 380 89 734 87 129 105 344 69 705 68 112 126 320 79 768 92 151 111 347 67 696 87 115 97 341 56 563 73 93 90 256 51 689 65 101 121 325 77 731 79 127 112 353 60 868 111 144 126 407 80 823 109 148 142 363 61 812 105 157 122 360 68 792 109 148 126 324 85 1,265,227 144,965 323, 680 325, 869 334, 279 136, 434 940 996 87, 289 212, 459 291, 700 220, 223 129 325 91 411 4,618 17, 397 33, 120 23, 345 12, 931 74 657 6,885 25 378 15, 368 14, 415 12 611 90 269 65, 766 6,525 9,942 31 275 14, 595 20 589 22, 113 19, 740 14, 098 8 723 8,435 58 651 5,857 15, 703 15, 951 13, 721 7,419 65 384 6,631 18, 001 13, 512 17, 594 9 646 58 651 7,949 8 157 20, 482 16, 908 5,155 83 414 5,862 11, 394 48, 285 12, 252 5,621 75 027 5,674 10, 068 27, 256 23, 406 8,623 89 993 12 323 15 411 30 951 20, 494 10 814 84 121 118 761 9,176 9,068 15,206 18, 679 21, 698 57, 845 23, 827 17, 471 14, 214 15, 698 92 605 7,917 20 543 33, 043 20, 455 10 647 91, 921 20, 430 10, 735 24, 026 22, 774 13, 956 238.6 40.9 36.9 40.3 37.5 35.7 29.9 32.0 35.6 36.9 39.8 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 (old series) do . . Defense products* ..do Machinery and equipment do BUSINESS INCORPORATIONS^1 New incorporations (50 States and Dist. Col.): Unadjusted number Seasonally adjusted ._ do INDUSTRIAL AND COMMERCIAL FAILUREScf Failures, total . numberCommercial service . _ do _ Construction do Manufacturing and mining do Retail trade do . Wholesale trade do Liabilities (current), total Commercial service Construction Manufacturing and mining Retail trade Wholesale trade thous $ do do do do do Failure annual rate (seasonally adjusted) No. per 10,000 concerns.. 2 49.0 2 45 9 26 154 151 133 368 41.0 36.5 3,070 3,108 ' 3, 142 2,238 2, 328 48, 317 48, 310 10,038 10 013 27, 471 27, 616 38.0 89, 882 '86, 900 285,900 '7,000 27,000 3,442 10,000 16, 100 13, 398 '34,400 233, 700 26, 811 3,094 ' 2, 328 2,224 '48,863 48, 780 '10 124 10 177 ' 28, 288 28, 701 36.4 COMMODITY PRICES PRICES RECEIVED AND PAID BY FARMERS 284 282 261 Prices received, all farm products! 1910-14=100.. 261 261 262 262 253 271 271 260 264 263 267 260 231 226 237 227 231 223 225 Crops 9 do 229 231 220 236 231 223 226 228 228 Commercial vegetables do.__ 310 283 271 406 326 313 287 280 324 283 344 323 284 307 353 336 Cotton do 182 180 174 191 192 220 222 204 182 173 170 224 183 179 163 166 Feed grains and hay do 173 174 157 147 162 164 167 151 173 159 163 166 165 148 156 159 Food grains do. 151 157 156 177 150 156 160 156 155 150 155 149 155 167 156 159 Fruit do. 242 298 277 352 321 316 310 285 332 285 272 259 269 250 259 Tobacco ..do. 585 555 574 585 585 567 583 563 584 577 562 563 577 579 583 Livestock and products9 ___ ...do 329 277 292 321 294 308 286 300 292 302 309 291 281 296 299 Dairy products Ido 314 310 306 323 318 318 307 317 305 328 333 337 299 340 336 329 Meat animals do 437 336 364 375 385 352 419 346 353 355 338 362 337 343 349 349 Poultry and eggs do.I.I 139 134 132 145 160 150 166 142 124 143 166 156 135 154 162 149 Prices paid: All commodities and services ..do 326 302 325 310 321 322 311 318 311 312 310 311 311 315 314 315 Family living items I.Idol""" 351 321 347 349 351 336 337 344 335 335 338 341 342 339 335 341 Production items do 307 302 306 287 293 291 303 292 299 292 293 292 293 294 296 296 All commodities and services, interest, taxes, and wage rates (parity index) 1910-14=100.. 375 374 342 372 355 354 354 355 354 365 358 360 360 363 '355 Parity ratio § _do_ 74 75 74 74 73 72 73 75 74 73 73 73 73 73 73 CONSUMER PRICES (17. S. Department of Labor Indexes) Unadjusted indexes: All items 1957-59=100.. 116.3 121.2 120.3 120.9 121.5121.9 126.4 126.8 124.1 122.2 123.4 123.7 124.6 125.6 Special group indexes: All items less shelter __do____ 115.9 120.6 120.0 120.4 120.8121.2 125.4 126.3 124.4 125.0 123.1 121.5 122.2 122.7 123.5 122.5 128.4 All items less food do 116.8 121.9 121.0 121.6 122.1122.6 127.5 127.9 124.9 126.8 124.4 124.7 123.0 123.8 125.6 125.2 126.0 All items less medical care do 115.0 119.7 118.9 119.5 120.1120.5 124.7 124.0 122.5 122.2 120.8 121.9 123.0 121.5 119.6 Commodities ...do.... 111.2 115.3 114.7 115.1 115.5 119.3 120.5 118.7 115.9 117.4 116.1 117.2 116.8 117.1 117.8 Nondurables do.... 114.0 118.4 117.8 118.2 118.7119.2 123.0 124.1 122.5 119.6 121.0 121.1 121.8 120.2 120.3 120.7 121.9 122.4 123.0 Nondurables less food do 113.1 117.7 117.0 117.5 117.6 121.4 118.1 118.9 119.7 120.2 120.1 120.5 120.3 111.7 Durables9 do.._. 104.3 107.5 106.9 107.4 107.6107.7 111.4 111.3 107.6 111.1 108.5 109.3 108.7 108.6 109.7 117.2 117.5 118.0 Commodities less food. do.... 109.2 113.2 112.5 113.0 113.2 116.8 113.5 113.9 114.7 115.3 115.2 115.0 115.7 142.7 Services ....do.... 127.7 134.3 133.0 133.9 134.9 142.0 143.3 136.0 135.5 140.9 136.6 137.4 139.0 138.1 139.7 Services less rent do.... 131.1 138.6 137.1 138.1 139.3 140.0 147.4 148.1 148.8 146.1 140.5 141.2 142.0 144.6 142.9 143.9 ' Revised. »Advance estimate; total mfrs. unfilled orders for May 1969 do not reflect aircraft parts. Further details appear in the Aug. 1968 issue of the Census Bureau Current revisions for selected components. 2 Based on unadjusted data. If See note marked Industrial Report, Series: M3-1. c?" on p. S-5. © See corresponding note on p. S-6. 9 Includes data for items not d1 Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.). shown separately. *New series. Based on separate reports on defense work filed by large J Revisions for Jan. 1964-Mar. 1969 (back to Jan. 1959 for all farm products, all crops, defense contractors in ordnance, communications, complete aircraft, aircraft parts, and shipcommercial vegetables, and fruit) are available from the Dept. of Agriculture, Statistical building industries. It differs from the old series in that it includes defense activity in shipReporting Service. § Ratio of prices received to prices paid (parity index). building and excludes nondefense work in ordnance, communications, complete aircraft, and SURVEY OF CUKKENT BUSINESS S-8 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 July 1969 1968 1968 May Annual June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 121.2 114.4 122.6 126 4 122 3 127.6 116 7 132 0 111 5 116.2 110 0 115.1 124 3 120 2 117 5 102 7 118.7 144 3 132 8 149 1 123 4 128 2 122.0 115.6 122.7 127 0 122.7 128.2 116 9 132.7 111.7 116.7 110 2 115.2 123.4 120 7 117.9 102 3 115.5 144.8 133 3 150 2 123 7 128 4 121.9 116.2 122.8 124.7 123.3 128.9 117 2 133.6 111.8 116.9 110 2 115.8 123.9 122 0 119.3 102 3 122.6 145.5 133 7 151 3 124 1 128 4 122.4 116.5 123.0 127.6 124.4 130.5 117 5 135 7 112.2 117.2 110.6 116.4 124. 9 124.3 121.6 102 4 130.5 147 5 134 3 152 5 124 8 128 7 123.2 118.4 122.9 127 9 125 3 131. 6 117 8 137 1 112 6 117 4 111 2 116.9 125 6 124 6 121 9 101 9 131 2 148 0 135 1 153 6 125 5 129 6 123.7 119 9 123 6 130 0 125 8 132 4 118 1 138 0 112 6 117 5 111 2 117.4 126 6 124 0 121 2 101 8 126 8 148 0 135 7 154 5 125 8 130 2 125. i 125. C 124. ( 130 £ 126 [ 133. ( 118 i 138 ' 112. 117.i 111 I 117. < 127 ( 124 ( 121 * 101 { 128.' 149 1 122 2 124 1 120 6 122 0 124 5 122 4 122 8 125 3 124 7 123 6 125 7 124 6 124 2 126 3 124 1 125 ( 126 124 100 8 97 1 103 4 103 0 98 5 106 3 104 1 100 2 106 9 105 6 100 5 109 3 107 6 103 7 110 4 109 105 111 May June* COMMODITY PRICES—Continued CONSUMER PRICES— Continued (U.S. Department of Labor Indexes— Continued) Unadjusted indexes— Continued Food 9 1957-59 = 100__ Meats poultry, and fish do Dairy products .. -do_ __ Fruits and vegetables do Housing do Shelter 9 do Rent do Home ownership _ 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_ _ New cars do Used cars .-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 1 WHOLESALE PRICES^ (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 goodsO... _ __ Consumer finished goods Producer finished goods By durability of product: Durable goods Nondurable goods Total manufactures. _ __. Durable manufactures Nondurable manufactures Farm prod., processed foods and feeds 115.2 111.2 116.7 117.5 114.3 117.9 112.4 120.2 109.0 111.6 108.5 108.2 114.0 115.9 113.9 98.1 121.5 132.1 123.8 136.7 115.5 120.1 119.3 113.7 120.6 126.8 119.1 123.6 115. 1 127.0 110.4 115.1 109.5 113.0 120.1 119.6 117.3 100 8 138.3 130.0 145.0 120.3 125.7 118.8 113.0 120.2 130.7 117.8 121.6 114.6 124.3 110.3 115.3 109.5 112.5 119.5 119.1 116.8 100 3 126.7 137.3 129.2 144 0 119.6 125.3 119.1 113.2 120.9 130.0 118 7 122.9 114 9 126.1 110.3 115.4 109 4 112.9 119 9 119 7 117 4 100 1 120.0 114.0 121.0 132 2 119 5 124.2 115 1 127 8 110 6 115 7 109 5 113.1 119 7 119 8 117 6 99 8 120.5 115 3 121 5 128 2 120 1 125 0 115 4 128 8 110 7 115 7 109 7 113.3 120 3 120 0 117 7 138 4 129 7 144 4 120 1 125 6 138 5 130 2 145 1 120 4 125 9 138 6 130 5 119 3 119 3 119 2 119 1 119 8 119 8 119 2 120 4 119 6 19ft ft Q9 9 120.4 115 5 121 6 122 9 120 4 125 3 115 7 129 1 110 5 115 8 120.9 115 4 122 3 123 4 120 9 126 0 i ifi ft 130 0 110 4 115 9 1ftQ^ IftQ 1 113.9 122 2 114.2 123 3 1 1Q ^ •I Of) mo QO •I A K K 1 9ft Q 126 3 A 126 7 1 38 7 m i 191 1 1 9fi 7 19ft ft f! 118 4 1 ft9 8 120.5 114 6 122 6 123 8 121 7 126 9 116 3 131 1 111 3 115 9 109 9 114.8 124 0 121 2 118 9 103 8 127 5 139 4 132 4 148 2 122 8 128 0 19ft R 121 0 138 7 131 9 14.7 4. 1 oo i 19ft 4 120 7 121 6 123 7 120 6 ne o K. 98 1 95 1 100 3 98 8 96 1 100 7 1 93 1 136 ; 155 126 130 < ! 98. 1 194.7 i 100. 4 i 95.7 192.8 i 97.8 94.8 92.9 96 1 94 2 92 2 95 6 93 5 92 3 do. .. 106.1 108.7 108.5 108 7 109 1 1 no 7 IftQ 1 1ftQ 1 109 6 109 8 110 7 111 1 111 7 111 9 112 8 113 do do do__ _ do do 99.6 105.6 108.2 107.0 111.6 101.1 108.0 111.3 109.9 115.3 102.0 107.7 110.9 109.5 114.9 101.4 107.8 111.3 110.0 115.1 102.6 107.9 111.9 110.7 115.2 100.8 107.9 111.4 110.0 115.4 100.9 108.3 112.0 110.7 115.7 100.2 108.5 112.0 110.6 116.4 101.5 108.6 112.5 111.0 116.9 101.3 109.2 112.6 111.1 117.1 102.8 110.1 113.2 111.8 117.6 103.8 110.7 113.3 111.7 117.8 105.2 111.4 113.7 112.2 118.0 105.7 111.4 113.8 112.3 118.1 109.7 111.4 114.7 113.5 118.5 111. 111. 115. 114. 118. do do _. do do do 108.1 104.7 106.7 108.3 105.3 111.8 106.5 109.4 112.0 106.9 111.2 106.5 109.1 111.5 106.7 111.3 106.7 109.4 111.6 107.2 111.3 107.4 109.7 111.7 107.7 111.6 106.6 109.5 111.9 107.2 112.0 107.0 109.9 112.3 107.4 112.8 106.5 110.0 113.1 107.0 113.1 107.0 110.3 113.4 107.2 113.6 107.1 110.5 113.9 107.2 114.6 107.8 111.3 114.8 107.7 115.4 108.0 111.7 115.6 108.0 116.1 108.6 112.2 116.3 108.3 116.0 108.8 112.4 116.2 108.9 116.1 110.3 112.8 116.2 109.6 115. 111. 113. 116. 110. do 105.2 107.6 107.9 108.0 109.4 107.7 108.6 107.4 108 .3 108.4 109.8 110.0 110.7 110.9 114.1 115. 103.9 108.2 80.0 93.8 109.5 101.4 97.4 75.1 87.8 106.2 102.8 97.6 76.5 84.8 106.0 101.2 99.8 78.7 79.3 104.1 103.1 109.4 82.0 87.6 103.9 103.3 109.3 80.4 82.9 104.2 104.9 112.0 82.5 90.5 106.1 105.0 108.7 82.0 94.3 109.2 105.6 106.5 112.1 106.8 81.6 • 83.1 95.5 87.0 112.5 113.8 110.5 126.7 86.7 90.7 123.0 111. 112. 85. 89. 130. QO 7 QA *\ Q9 9 Q4. A QO (\ Q7 Farm products 9 do Fruits and vegetables, fresh and dried-do Grains do Live poultry do Livestock do 99.7 101.6 92.2 81.9 101.1 102.2 108.2 81.9 84.9 104.8 103.6 123.6 86.4 85.4 105.4 102.5 106.4 82.0 89.6 106.2 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. _ 111.7 106.5 117.1 121.9 107.2 105.0 114.1 109.6 118.2 127.7 114.1 108.3 113.6 109.4 117.1 128.9 114.6 107.0 114.6 109.4 117.0 128.7 114.8 109.8 115.9 109.5 118.4 128.8 114.7 113.6 114.9 109.8 119.3 128.8 113.6 109.7 115.3 110.0 119.0 129.1 113.6 111.2 114.4 110.5 119.4 130.1 114.0 106.9 114.7 110.6 119.3 130.0 114.1 107.7 114.7 110.6 119.3 130.4 113.3 107.3 116.0 110.8 119.3 130.1 113.6 111.1 116.3 111.1 119.3 130.2 114.5 111.4 116.4 111.3 119.3 130.4 115.1 112.2 117.3 111.4 119.3 131.4 115.4 114.0 119.4 111.8 119.4 132.5 115.7 121.0 121. 112. 119. 133. 115. 126. _ _ do _ _ 106.3 109.0 108.6 108.8 108.8 108.9 109.2 109.7 109.9 110.2 110.9 111.4 112.0 112.1 112.2 112. Chemicals and allied products 9 _ _ do Agric. chemicals and chem. prod do__Chemicals, industrial . ._ do _ Drugs and Pharmaceuticals. __ __ __ do. _ Fats and oils, inedible . _do _„ Prepared paint do 98.4 103.6 97.4 94.0 81.3 109.3 98.2 99.7 98.4 93.3 73.9 114.6 98.7 101.6 99.0 93.4 78.4 114.4 98.5 101.3 98.6 93.5 72.8 114.4 98.2 101.3 98.2 93.4 69.1 114.4 98.1 99.4 98.4 93.2 71.2 114.4 97.9 98.7 97.9 93.0 68.5 115.2 97.8 98.1 98.0 93.3 69.9 115.2 97.8 96.7 97.9 93.5 73.4 115.9 97.7 96.4 97.9 93.6 69.8 115.9 97.6 92.9 98.1 93.4 72.2 118.2 97.8 92.2 98.1 93.4 73.6 118.2 98.0 92.3 97.9 93.6 80.4 118.7 97.9 92.1 96.7 93.7 83.7 118.7 98.1 92.1 96.9 93.8 83.3 118.7 98. 92. 97. 93. 86. 119. Fuels and related prod., and power 9 _ _ - - d o _ _ _ Coal do Electric power Jan. 1958=100 Gas fuels... do Petroleum products, refined 1957-59=100. 103.6 103.3 100.7 133.7 102.2 102.4 106.7 101.5 123.8 100.3 102.4 105.2 101.3 123.6 100.5 103.7 105.3 101.3 123.3 103.1 103.3 105.4 101.2 120.8 102.8 102.6 105.5 101.8 120.6 101.0 102.5 105.8 101.8 120.8 100.9 101.9 108.3 101.9 120.4 99.3 102.0 111.0 102.0 120.4 99.2 102.2 112.7 102.1 120.9 99.0 102.4 112.7 102.0 124.4 98.9 102.7 112.7 102.2 124.0 99.5 104.2 112.7 102.3 124.6 101.7 104.5 112.8 102.3 121.8 102.5 104.5 113.5 102.5 121.6 102.4 105. 114. 102. 121. 103. Furniture and household durables 9 Appliances, household Furniture, household Home electronic equipment do___ _ do do __do _ 101.1 90.2 112.9 82.6 104.0 92.2 117.2 81.0 104.0 92.2 116.9 81.8 103.9 92.0 117.0 81.3 104.1 92.4 117.2 80.7 104.2 92.5 117.5 80.7 104.4 92.6 117.8 80.7 104.5 92.7 118.5 80.2 104.7 92.7 118.9 80.2 105.0 92.9 119.2 79.8 105.3 92.6 120.7 78.7 105.4 92.5 121.0 78.7 105.7 92.8 121.3 78.6 105.8 93.0 121.5 78.5 105.9 93.0 121.9 78.1 105. 92. 122. 78. Hides, skins, and leather products 9 Footwear Hides and skins.. __ _ Leather Lumber and wood products Lumber do.__ do do__do do _ do 115.8 122.1 94.2 110.3 105.4 108.4 119.5 128.0 99.6 112.6 119.3 127.2 118.8 127.0 98.2 112.5 117.0 125.3 118.7 127.1 95.1 112.8 117.2 125.0 119.5 127.3 101.5 113.8 119.2 127.7 119.5 127.2 102.8 113.6 120.5 129.8 120.7 128.8 106.6 114.1 122.6 131.5 122.3 131.3 105.6 115.1 124.9 133.4 122.4 131.7 107.0 113.8 126.8 136.2 122.8 131.7 106.8 115.8 133.5 142.2 123.5 132.1 109.2 116.8 137.8 147.9 123.4 132.2 106.3 116.5 144.5 155.8 123.4 131.5 109.1 116.4 149.5 164.7 126.0 131.9 125.8 122.3 143.3 164.9 126.1 132.1 122.6 121.7 138.0 155.9 125. 132. 117. 121. 129. 142. 117.8 117.3 116.1 117.0 116.6 116.7 131.7 131.6 127.8 129.3 130.1 131.2 134.0 133.6 131.5 132.1 133.5 132.7 104.2 103.5 103.2 103.5 103.6 103.5 131.4 131.1 131.0 130.0 130.4 130.5 O Goods to users, incl. raw foods and fuels. 118.0 131.8 134. 1 104.3 131.8 118.3 131.9 134.3 104.5 132.1 118. 132. 134. 104. 132. Industrial commodities 115.0 115.2 115.2 Machinery and equipment 9 do 115.0 111.8 126.5 126.8 122.4 127.1 Agricultural machinery and equip . do 126.3 129.4 129.2 129.4 Construction machinery and equip do 123.2 129.6 102.7 102.7 Electrical machinery and equip do 103.0 102.9 101.8 128.2 129.1 128.0 Metalworking machinery and eauio do 128.6 123.8 r l Revised. v Preliminary. Computed by OBE. 9 Includes data for items not shown separately. cfFor actual wholesale prices of individual commodities, see respective 115.4 115.8 127.0 127.7 129.0 130.3 102.9 103.1 129.3 129.7 commodities. SUKVEY OF CURRENT BUSINESS July 1969 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 1969 1968 May Annual S-9 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June 115.8 96.6 108.8 129.9 116.5 96.8 108.9 132.4 117.5 97.0 109.9 134.2 117.9 97.2 110.3 135.5 COMMODITY PRICES—Continued WHOLESALE PRICEScf— Continued (U.S. Department of Labor Indexes — Continued) All commodities— Continued Industrial commodities — Continued Metals and metal products 9 1957-59=100.. Heating equipment do Iron and steel do__ Nonferrous metals do.. _ 109.6 92.7 103.6 120.9 112.4 94.9 105.5 125.3 111.7 94.7 104.9 124.1 111.7 95.3 104.8 123.6 111.4 95.3 104.8 122.3 111.3 95.4 104.8 121.7 112.2 95.5 106.7 121.5 112.5 95.6 106.7 121.9 112.4 95.8 106.0 122.4 112.8 96.0 106.1 123.5 114.4 96.1 107.5 127.2 115.2 96.3 108.0 128.9 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 104.3 108.1 107.8 108.3 108.4 108.7 108.7 108.9 109.2 109.3 110.6 111.2 111.9 112.3 112.6 112.8 110.4 105.4 102.8 103.8 110.0 96.9 96.0 113.1 108.1 105.5 105.2 112 7 100.3 99 2 112.5 107.6 105.1 105.5 113.5 99.8 98 7 112.3 108.2 105.1 104.7 112.7 99.9 98.7 112.5 108.1 105.0 104.9 113.0 100.7 100 9 113.7 108.5 106.6 104.9 113.0 100.6 99 5 113.7 108.6 106.6 105.1 113.1 100.7 99.5 114.2 109.1 106.2 105.2 113.1 101.0 99 5 115.2 109.2 106.2 105.2 113.4 101.1 99.5 115.4 109.5 106.2 105.2 113.4 101.1 99.5 115.8 110.7 106.2 106.2 115.0 100.0 96.3 115.9 110.8 106.2 106.8 115.7 100.5 96.3 116.0 111.2 106.2 107.4 116.1 100.9 96.3 116.7 111.3 106.2 108.0 116.4 101.2 96.3 116.8 111.6 108.7 108.1 116.7 101.1 96.3 116.9 111.6 108.7 108.3 117.0 101.2 96.3 Textile products and apparel 9 ... Apparel Cotton products Manmade fiber textile products Silk yarns Wool products. 102.0 106 8 100.7 86.5 172.0 103.3 105.7 110 3 105 1 90.8 183 0 103 7 104.8 109 4 104.9 89.7 183 8 103.5 105.2 110.1 104.7 89.9 184.0 103.8 105.8 110 7 105.2 90.4 182 5 103.9 106.0 110.9 105.3 90.7 175.1 104.1 106.5 111.0 105.4 92.5 177.5 104.1 107.0 111 7 105.3 92.7 175 5 104.7 107.2 111.8 105.4 93.0 172.0 104.6 107.1 111.9 105.1 92.9 165. 2 104.6 107.4 112.7 104.8 92.8 160.8 104.7 107.2 112.7 104.8 92.3 156.4 104.4 107.1 112.8 104.6 92.1 155.0 104.2 107.1 113.0 104.5 92.4 155.4 104.3 106.9 112.9 104.6 92.6 157.9 104.3 107.2 113.3 104.5 92.7 164.6 105.0 102.2 109.3 105.8 112.9 104.9 111.8 108.3 115 2 104.2 111.8 108.2 114.9 104.5 111.8 108.2 114.9 104.2 111.5 108.7 114.9 104.4 111.6 108.9 114.9 104.1 111.9 109.0 114.9 106.5 112.0 109.1 115.0 106.6 112.5 109.2 116.5 100 0 106.6 112.5 109.3 116.5 100.1 106.5 112.5 110.2 116.6 100.1 106.4 112.5 110.1 116.7 100.0 106.3 112.5 110.5 116.7 100.1 106.4 112.7 110.8 116.9 100.2 106.5 112.8 110.7 117.0 100.3 106.6 115.1 110.9 123.2 $0.943 .860 $0. 920 .825 $0. 922 .831 $0. 920 .827 $0. 917 .823 $0. 920 .820 $0. 917 .818 $0. 917 .814 $0 .912 .810 $0. 911 .808 $0.903 .806 $0.900 .803 $0. 895 .796 $0. 894 '$0. 887 .789 .791 $0.8& .784 6,822 6 199 5 864 T T 7 049 7 803 4, 374 r 4, 869 'r 2 146'r 2, 470 1, 729 1,915 5,216 2,685 2,056 Transportation equipment 9 Motor vehicles and equip Miscellaneous products 9 Toys, sporting goods, etc Tobacco products do.. do do do__ do do Dec 1968=100 1957-59 = 100.. ..do do do PURCHASING POWER OF THE DOLLAR As measured by — Wholesale prices Consumer prices. 1957-59=$!. 00.. do CONSTRUCTION AND REAL ESTATE CONSTRUCTION PUT IN PLACE J New construction (unadjusted), total mil $ 76 160 84 692 7 341 7 519 7 714 7 963 8 082 ' 7 891 7,792 6 460 r 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: Telephone and telegraph. ... do 50,587 23, 736 17,885 56,996 28 823 22, 423 4 843 2 518 1 891 4 963 2 628 2 015 5,102 2 721 2 075 5,338 2 790 2 123 5,364 2 780 2 139 5,406 2 678 2 130 5,225 2,593 2,102 4,855 2,454 1,996 4,323 2 131 1,723 4 008 1 920 1* 562 18, 106 6,131 6,982 1,324 18 800 5,594 8 333 1 562 448 684 1 523 429 689 1 535 417 721 1 690 485 782 1 716 508 793 1 808 538 844 1,752 543 798 1,583 529 692 1 519 463 678 1 453 437 647 1,638 1,704 132 141 156 148 147 172 161 164 128 132 162 158 Public, total 9 25, 573 27, 696 2 498 2 556 2 612 2 625 2,718 ' 2, 485 2,567 1,967 1,876 1 856 ••2,086 ' 2, 180 9,974 706 406 721 8,538 10 447 746 517 824 9 295 955 83 49 64 886 910 63 49 60 953 885 54 35 57 1 051 888 57 43 79 1 014 949 63 41 81 946 '902 64 37 96 837 904 65 53 83 922 814 86 43 92 511 799 81 44 68 510 85 7 82.0 81.7 83.7 85. 3 '87.8 '87.8 '88 1 57 3 55 0 55.0 56.7 57.4 59 3 59.0 58.9 62 7 62 2 29.6 28.2 27.8 28.3 29.4 29.8 30.2 30.9 30.9 18.5 53 81 17.7 4.9 81 17.6 4.8 83 19.0 56 86 18.6 5.5 8 5 19.7 6 1 8 9 19.2 6.3 83 18.4 5.9 80 21.9 68 10 0 do Buildings (excluding military) 9 do Housing and redevelopment _ _ do Industrial do Military facilities do Highways and streets do 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 Public utilities: Telephone and telegraph do r r 91 8 1,519 466 685 r 1, 625 ••471 '720 1,711 497 757 2,587 954 '118 40 72 r 539 818 111 46 '79 674 91. 3 '91.9 61.9 '62.1 61.8 31.0 31.5 '32.0 31.6 21 5 6 3 99 20.6 6.0 9.8 '20.2 '5.9 '9.1 20.3 5.9 9.0 861 98 37 62 442 r r 91 7 r ' 54 84 91.6 16 1.5 1.9 17 18 2 0 1.8 18 2 0 18 1.9 2.0 28 4 27 1 26 7 27 1 ••27 8 r 28 5 r 28 8 r 29 2 r 29 1 r 29 5 r 29 4 '29 8 29 8 11.0 10 .5 8 9.9 10.0 .7 .5 .7 9.2 9.7 .6 .5 .7 9.1 9.9 6 .6 .8 9.2 '10.3 ' .6 .5 .8 r 9.2 r 10.5 '6 .4 10 '9.2 10.9 7 .7 9 T 9.4 11 0 T 11 2 '1 0 r I 2 5 6 1i 10 '9 6 '9 7 11 4 15 5 10 10 1 .5 1.0 .5 1.1 .6 1.0 6,170 5,589 5,956 6,318 5,170 6,171 4,863 4,543 4 766 4 802 5,003 5,895 7,081 3 173 172 160 187 192 183 200 183 179 191 205 177 183 210 mil $ do 1 19 039 i 19 597 i 35 475 i 42 135 2 036 4,135 1,860 3,730 2,256 3,700 1 924 4,394 1 549 3,621 1,728 4,443 1 558 3,305 1 278 3 265 1 546 3 220 1 572 3 230 1 632 3 371 1 791 4 104 2 536 4,545 do do do i 20 139 i 22 513 i 21 155 12 24 838 i 13 220 i 14 382 2 227 2,543 1,400 2,030 2,243 1,316 2,414 2,287 1,255 2 128 2,295 1,895 1 815 2,125 1,230 2,370 2,408 1,393 1 992 2 043 828 1 849 1 743 951 2 145 I 746 875 1 885 1 820 1 097 1 772 1 957 1,274 2 136 2 546 1 213 2 680 2,620 1,780 do 3,267 2,800 4,663 59, 944 52, 419 '2 Revised. » Preliminary. 1 Annual total reflects revisions not distributed to months. See note "If" for this page. s Computed from cumulative valuation total. cf See corresponding note on p. S-8. 9 Includes data for items not shown separately, tRevisions for 1965-1967 for seasonally adjusted data appear on p. 51 of the July 1969 SURVEY; for revisions to the unadjusted data see Bu. of Census report C30-68-6. 4,895 Public, total 9 do Buildings (excluding military) 9 .. .do Housing and redevelopment do Industrial do Military facilities do Highways and streets .do CONSTRUCTION CONTRACTS Construction contracts in 48 States (F. W. Dodge Division, McGraw-Hill): Valuation, totaM mil. $ Index (mo. data seas, adj.) Public ownership Private ownership. By type of building: Nonresidential Residential T Non-building construction . , New construction planning (Engineering News-Record) § i 54, 514 i 261, 732 3 1957-59-100 153 r 4,572 4,267 3,001 6,387 6,649 4,690 3,738 5,461 4,405 3,617 f Beginning Jan. 1968, data are not entirely comparable with those for earlier periods; new compilation methods raises the level of residential data by 8 percent and the total valuation by 3 percent. §Date for May, Aug., and Oct. 1968 and Jan. and May 1969 are for 5 weeks, other months, 4 weeks. SURVEY OF CURRENT BUSINESS S-10 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 July 1968 1969 1968 1968 Annual June May July Aug. Sept. Nov. Oct. Dec. Jan. Feb. Mar. Apr. May June CONSTRUCTION AND REAL ESTATE—Continued HOUSING STARTS AND PERMITS ^ew housing units started: Unadjusted: Total, inch farm (private and public) .. -thous .. 1, 321. 9 One-family structures do 844.9 1, 291. 6 Privately owned do Total nonfarm (private and public) In metropolitan areas Privately owned. . _ -do do do 1, 298. 8 919.7 1, 268. 4 1, 547. 7 900.7 1, 507. 7 1,523.6 1,117.6 1, 483. 6 Seasonally adjusted at annual rates: Total, including farm (private only) _ _ do Total nonfarm (private only) do ^Jew private housing units authorized by building permits (13,000 permit-issuing places) :t Seasonally adjusted at annual rates: Total thous One-family structures do 1,341 1 141 "159.9 ' 157. 3 145.1 87.0 140.9 142.9 81.6 137.9 142.5 86 5 139.8 141.0 82 6 136.6 139.8 80.3 134.3 143.3 85 6 140 8 129.5 65 1 127 1 99.8 53.9 96.4 105.8 51.3 101.5 94.8 48.0 90.1 135.6 '72 0 131 9 143.3 101.2 139.0 141.1 103.6 136.0 140.0 100.6 137.3 138.9 101.0 134.5 138.0 103.0 132.4 140.6 100.8 138.1 127.5 96 8 125.1 98.9 75.1 95.5 104.5 80.9 100.2 93.9 73.3 89.2 134 4 '102 0 130 6 1,364 1,345 1,365 1,348 1,531 1,507 1,518 1,496 1,592 1,570 1,570 1 541 1,733 1 705 1,507 1 492 1,878 1,845 1,686 1,664 1 584 '1,563 r 1,548 1 567 1,280 1,281 1 289 1 290 1 393 1 378 1 425 1 463 1,403 1,477 1 421 651 689 125 131 130 909 992 1 008 970 1 072 1,070 958 1 064 1,052 659 641 663 673 132 132 133 973 1 065 1 056 979 1 075 1,087 986 1 081 1,090 694 729 133 135 135 136 992 1 087 1,092 994 1 110 1,092 980 969 980 969 997 1 110 1,093 1,001 1,007 1 111 1 099 1,013 706 671 736 685 670 148.6 '84.3 159. 0 90.4 155.2 'r 158. 3 117. 3 r 157. 4 155.8 114.8 153.6 146.1 '1,505 1, 491 1,446 1,423 ' 1, 323 '632 1,326 r 1,502 659 r 145.0 142.6 617 CONSTRUCTION COST INDEXES )ept. of Commerce compositej American Appraisal Co., The: Average, 30 cities Atlanta New York __ San Fran cisco. _ _ St. Louis 1957-59—100 1913=100.. do do do do 910 903 966 953 948 962 Associated General Contractors of America, Inc., The (building only) 1957-59—100 132 139 136 2. 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 129 8 130.7 130.2 127.4 139.9 139.1 136.7 137.3 138.4 137.5 135.2 Engineering News-Record: t Building Construction... _. 127 4 140 8 do do u. of Public Roads— Highway construction: Composite (avg. for year or qtr.) 1957-59—100 r 137. 5 ' 152. 3 r r 135. 4 150. 5 968 964 979 967 138 140 141 142 142 143 143 139.6 140.8 139.8 137.4 140.6 141.8 140.6 138.5 142.5 141.7 139.2 142.1 143.1 142.2 140.1 142.2 143.3 142.4 140.3 142.3 143.4 142.4 140.3 958 964 r r T 136 9 152 2 r r 137 4 153 1 r T 139 2 154 6 T r 141 6 156. 5 r r 142 8 157. 3 969 r T 143 0 157. 6 119.5 121.2 117 6 121.6 153 2 165.8 183.0 170.6 175 8 164.4 181 6 189. 7 163 0 149 6 186.6 171 1 168.1 198.1 203.1 179.0 223.7 201 2 161 6 221.1 249.8 263.8 238.4 167.2 168.9 124 3 131.7 15.7 161 11.0 13.7 157 10.4 13.2 146 12.5 15.1 167 11.5 14.0 168 10.4 r !37 1,015 1 125 1,105 1,035 ••138 138 139 1,032 1,151 1,117 1,057 ,034 154 ,116 ,047 1,040 1,148 1,109 1,048 001 997 ,046 ,137 ,104 ,032 ,019 990 996 145 146 146 147 148 151 144.1 143.1 141.1 146.3 144.5 143.2 146.2 148.0 145.7 144.9 147.5 149.2 146.9 146.4 146.9 148.4 146.2 146.3 147.3 149.0 146.5 146.7 149.7 151.5 148.9 149.0 143 7 158. 4 145.0 160.0 146 2 161. 8 147 9 162.9 149 9 164 3 150.1 165.6 i 151. 5 i 169. 1 16.8 182 11.5 17.6 191 11.4 971 r r '137 1,026 1 138 1,113 1,047 978 r T 132.3 123.4 CONSTRUCTION MATERIALS utput index: Composite , unadjusted 9 Seasonally adjusted _ 1947-49 — 1 00 do Iron and steel products, unadjusted Lumber and wood products, unadj Portland cement, unadjusted do do do_. 210 1 166.7 171.8 155.7 151 9 175 1 169.9 162.7 159.1 173.0 r r r 149. 6 r 170 5 ' 169. 3 T 176 4 182.8 161.1 154.0 161.3 143.1 167.1 272.6 159.6 188.8 145.2 163.4 185. 2 139.5 157.8 136.1 143.0 162.7 114.2 148.8 160.3 120.2 17.1 198 12.7 13.6 211 11.4 12.3 187 13.2 189 10.1 14.7 180 146. 8 156. 5 178 7 ' 178 3 179 8 156.2 207.3 REAL ESTATE lortgage 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 rates i _ _ _ do [ome mortgages insured or guaranteed byFed. Hous. Adm.: Face amount mil. $ Vet. Adm.: Face amount§ . do ederal Home Loan Banks, outstanding advances to member institutions, end of period mil. $.. lew mortgage loans of all savings and loan associations, estimated totalt mil. $_. By purpose of loan:J Home construction do Home purchase do All other purposes do oreclosuresf _. . ire losses (on bldgs., contents, etc.) number mil. $ 110 120 135 127 125 595. 13 147 172 9.0 136 148 9.9 132 17.3 174 12 2 18.2 179 12.2 136 124 122 126 5 884 64 6 495 94 3 404 87 3, 773 88 495. 28 280.15 493 61 240 95 572 97 326. 86 340.69 588. 18 322. 30 707. 37 359. 54 598. 76 376. 98 365. 50 608.38 369.83 494.00 295.68 491 60 329 04 301.30 323.09 4,386 5,259 4,719 4,889 4,988 4,997 5,026 5,035 5,040 5,259 5,357 5,298 5,331 5,764 5,971 6,413 20,122 21,983 2,106 1,983 1,859 1,995 1,840 1,949 1,724 1,886 1,592 1,580 1,870 2,073 ' 2, 146 2.413 4,916 11 215 5 852 512 1 050 430 1 075 400 1 038 414 1 156 396 466 392 407 348 364 440 482 485 1 023 ' 1, 113 495 1,346 4 243 9 604 6 275 544 478 421 425 984 460 995 488 868 464 8,827 8,264 7,971 134. 80 134. 21 156. 08 110 404 10 412 9 263 9 530 8 340 8,460 1 706 72 1 829 92 152 05 157 72 154. 71 159. 14 131. 69 134 203 525.34 869 610 783 461 767 449 896 534 8,296 7,515 8 438 179. 47 149. 12 173. 91 541 21 519. 67 565 551 169. 91 157. 52 572 DOMESTIC TRADE ADVERTISING Marketing/Communications advertising index, seasonally adjusted: 0 Combined index 1957-59—100 149 155 150 155 Business papers.. do 128 131 128 132 Magazines ___ do 162 157 162 163 Newspapers do 124 117 121 115 Outdoor ._ do 96 102 106 93 Radio (network) _ do 118 130 139 125 Television (network) do 206 213 203 219 ' Revised. 1 Index as of July 1,1969: Building, 150.3; construction, 168.8. {Revisions for Jan.-Aug. 1967 for new private housing units authorized; for 1965-May 1967 for Dept. of Commerce composite; for July-Dec. 1966 for ENR building and construction cost indexes; for 1960-66 (seas, adj.) for FHA applications and VA appraisals; and for Jan. 1961Dec. 1967 for new mortgage loans will be shown later. 154 129 162 125 118 142 207 162 152 161 162 146 164 159 163 122 125 125 128 130 128 139 128 172 163 169 170 163 164 142 175 122 127 132 132 125 135 134 133 92 125 104 111 110 79 117 113 123 146 117 116 133 139 99 169 224 231 226 227 195 • 225 200 233 ICopyrighted data; see last paragraph of headnote, p. 8-1. 9 Includes data for items not shown separately. § Data include guaranteed direct loans sold. f Revised series. Data are based on a new benchmark (1967) and reflect improved reporting, as well as the inclusion of farm foreclosures and data for Alaska and Hawaii. Jan. 1967-April 1968 data will be shown later. © Formerly Fruiter's Ink advertising index. SURVEY OF CURRENT BUSINESS July 1968 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 | 1968 S-ll 1968 May Annual June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June DOMESTIC TRADE—Continued ADVERTISING— Continued Television advertising: Network (major national networks) : Net time costs, total Automotive, incl. accessories Drugs and toiletries Foods, soft drinks, confectionery Soaps, cleansers, etc Smoking materials Allother mil. $.- 1, 499. 9 115.8 do 429.0 do 306.8 -do 134.3 do 183.1 do 331.0 -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 Beer, wine, liquors do _ Household equip., supplies, furnishings.. do Industrial materials _do Soaps, cleansers, etc - -- -.do __ Smokine materials . do All other do Newspaper advertising linage (52 cities) : Total mil. lines Classified do Display, total . do Automotive do__. Financial do General do Retail _ do WHOLESALE TRADE Merchant wholesalers sales (unadj.), total, mil. $_. Durable goods establishments do Nondurable goods establishments do Merchant wholesalers inventories, book end of year or month (unadj.), total Durable goods establishments _ Nondurable goods establishments RETAIL TRADE J A.11 retail stores: t Estimated sales (unadj ), total { value, mil. $__ _do___ do mil. $ Durable goods stores 9 do Automotive group do Passenger car, other auto, dealers do Tire, battery, accessory dealers _do Furniture and appliance group 9 do Furniture, homefurnishings stores do Household appliance, TV, radio do Lumber, building, hardware group .. do Lumber, bldg. materials dealerscf--- do Hardware stores do N ondurable goods stores 9 ' do Apparel group do Men's and boys' wear stores do Women's apparel, accessory stores... do Shoe stores . _ __. do _ 1 161 6 1, 196. 1 63.5 60 7 112.6 103.7 32.3 31 0 144.4 148 4 106.3 116.1 Furniture and appliance group 9 Furniture, homefurnishings stores Household appliance TV radio Lumber building hardware group Lumber bldg materials dealers cf Hardware stores Nondurable goods stores 9 Apparel group. _ _ _ _ Men's and boys' wear stores.. Women's apparel, accessory stores Shoe stores _. __ do do do do do do do do do do do do do do _ do do 331.3 23.0 89.2 63.2 33.7 33.1 89.1 301.0 18.1 88.6 57.4 32.9 28.4 75.6 436 5 35 6 131 9 87 2 41 8 47 2 92 8 116.0 5.6 11.9 4.1 14.5 8.5 99 9 2.6 9.3 37 14.3 9.6 69 9 I i 4.8 2 2 10 3 9.1 67 7 62 3.4 16 10 5 5.7 106 8 10 6 6.8 31 11 6 7.1 127 2 71 17.3 29 13 5 9.5 134 7 66 13.9 22 15.1 11.6 100 6 40 7.4 16 12 0 9.1 67 2 20 6.8 14 87 5.8 DO 0 q 7 1ftS A 7 r\ 199 9 7 0 QO O e 0 11.2 191 1q o t c A 8.9 9.3 9.7 8.8 8.6 A. ft 70 6.9 10.5 g n 6.4 9 9 o U 11.3 n Q 8.1 9.7 5.9 1.9 4.0 42.1 7.9 6.2 5.5 1.5 4.2 35.1 63 4.1 33 19 29 23 9 4 6 2.5 37 15 32 24 8 71 7.5 58 19 3.6 41 6 10 4 9.4 53 28 41 44 9 13 0 9.8 54 18 4.4 50 9 15 6 5.4 4 2 1i 4 3 36 0 32 2.8 37 1 I 32 28 5 3 297 8 878.1 2 419.6 158.5 66.9 297 1 1, 897. 1 3 381.1 923.7 2, 457. 3 171.0 72.8 296.1 1, 917. 4 306.5 82.5 224.0 17.3 5.5 29.0 172.2 279.2 79.0 200.2 16.6 5.8 23.4 154.3 249 9 75 2 174 8 13 6 69 18 6 135 7 277 9 83.8 194 1 13.3 4.1 18 1 158.6 292 8 83.3 209.5 15.9 5.7 27.1 160.9 315 7 84.1 231 5 16 0 7.2 31 7 176 7 315 9 79.0 236.8 13.1 6.2 32.5 185.0 316 0 67.9 248 1 9.3 7.1 24 2 207.5 256 0 77.1 178 9 11 6 8.6 20 9 137 9 1 09 e 205, 188 90, 447 114,741 219, 943 100, 012 119,930 18, 578 8,482 10, 095 17, 961 8,241 9,720 18,488 8,515 9,973 18,933 8,629 10,304 18,640 8,590 10,050 19, 979 9,220 10, 759 18,906 8,578 10,329 18, 917 8,428 10,489 17, 576 8,017 9,560 16, 897 7,962 8,935 19,158 '19,912 8,878 r 9, 489 10,280 •10,423 20, 126 9 427 10,700 21, 607 12, 308 9,299 22,603 13, 245 9,358 21, 816 12, 851 8, 965 21, 952 13,020 8,932 21,908 13,030 8,878 22,094 13,183 8,910 22, 170 13,065 9, 105 22, 631 13, 162 9,470 22,790 13,202 9,588 22,603 13,245 9,358 22,637 13, 180 9,457 22, 828 13,404 9,423 23,211 '23,437 13 723 ••14, 031 9,488 ••9,406 23, 366 14, 112 9,255 313 809 100 173 58 273 53, 966 4 307 15 267 339, 710 110, 245 65 261 60, 660 4,601 16, 540 10, 227 5,235 28887 229, 465 19, 265 4,516 7,429 3,196 29 285 9,917 6 112 5,706 406 1,314 871 376 1,269 986 283 19,368 1,538 367 600 259 9,828 5 974 5,543 431 1,353 875 414 1,290 1,010 280 19 059 1,522 375 577 259 28 542 29 410 27 015 9 383 8 703 9 696 5 773 5 365 4 814 4,951 4,457 5,354 414 357 419 1 412 1 393 1 479 905 850 '861 476 460 440 1 338 1 355 1 257 997 1 055 1 077 278 260 283 20 027 18 312 18 846 1 421 1 633 1 557 342 332 325 618 608 548 295 284 236 11, 458 25 285 73, 267 68, 311 24, 526 953 2,189 6,310 5,883 2,097 938 2 245 6 252 5,825 2,150 938 2 287 6 196 5 766 2 197 2 6 6 2 962 413 596 166 202 912 2 175 5 860 5 448 2 017 941 2 161 6,108 5,685 2,064 54, 493 4,342 4,296 4 222 4 671 4 266 4,697 49, 295 33, 323 3,256 6,152 6,969 3,911 2,628 239 496 581 28,158 9,132 5,408 5 027 381 3,890 2,641 218 487 560 3 800 2 538 233 474 583 28,674 9 313 5 523 5 138 385 4 243 2,844 273 526 600 28,760 9,377 5 561 5 173 388 3 831 2,602 256 451 548 28,902 9 687 5 899 5 516 383 4,209 2,843 316 498 584 28,697 9,342 5,556 5 171 385 12, 675 9,781 2 894 213 636 18, 123 10, 984 28,320 9,197 5,489 5 104 385 29 418 30 112 9,554 10 039 5 623 5 992 5,196 5, 595 427 397 1 450 1,489 933 907 464 456 1 339 1,198 907 1,063 291 276 19 379 20,558 1,810 1 654 437 373 701 656 277 265 3.1 1 O K 07 9 7c o m 10 o C e o 90 a 34 086 26 237 24 844 9 675 8 335 8 245 5 049 5 137 5 058 4,604 4,806 4,743 445 331 315 1 770 1 267 1 216 1 025 786 768 613 401 374 1 186 938 968 727 817 766 369 211 202 24 411 17 902 16 599 2 641 1 403 1 214 689 370 289 990 530 479 215 343 190 a 8.4 7 a. 4 0 on 7 91 f\ f \ 1 K ft 7 47.8 07 7 9.3 2 7 14. A. 1 9 0 0 oe 9 ne 7 A 1 A 27 955 '28 814 '30 582 129 173 9 222 r 9 742 '10 258 110 022 5 707 r 5 924 ' 6 187i 5 955 5 339 ' 5,' 500 5 754 r 424 433 368 1 291 r 1 281 r I 3gg i i 399 r 333 842 372 1 098 '866 232 896 416 '372 r I 271 980 1 352 1 039 r 291 313 18 733 r 19 072 '20 324 119 151 1 528 r I 642 r i 659 i i 535 r 36g 330 ' 387 600 265 640 285 r 626 r 282 9 flOA r 2 073 r 9 9*\ft 3 410 i 943 i 2 237 6 195 r g 017 ' 6 596 i 6 107 K cni r 5 623 ' 6 177 i 5 705 2 053 r 2 070 r 2 167 i 2 166 4 247 r 4 gOO ' 4 706 i 4 473 3 040 2 041 3 333 2' 632 r 4 056 r 2 778 r 924 2,045 6,425 6,009 2,055 1 295 2 041 6 375 5 945 2 079 942 884 1 918 1 R17 6 246 5 7KQ 5 868 5 401 1,992 1*836 5,488] 7 807 3,587 7 286 5,092 434 980 825 28,347 9,238 5 445 5 082 363 3,198 2,203 202 375 580 28, 989 9,446 5 574 5 157 417 4,997 3,402 417 578 647 28,806 9,314 5,521 5 124 397 9 A. 11.3 o 7 8.7 95.6 75.7 56 7 22.2 43.2 443 6 1 370 1 386 1 406 875 876 858 421 434 439 1 152 1 172 1 184 891 908 904 261 264 280 19 026 19 123 19 361 1,575 1,595 1 655 381 368 373 604 628 650 247 261 276 ' Revised. i Advance estimate. tSeries revised to reflect a new sample of retailers. The most important difference between this and the old sample is accounted for by the general merchandise group which now includes all non-stores, i.e., mail order houses, merchandising machine operators, and direct selling establishments. Formerly, many non-store establishments were classified outside of the general merchandise group, particularly in the food and eating and drinking place groups. Revisions for total retail sales, durable and non- 498.4 48.7 134.7 88 0 36.9 49.1 141.0 89 2 70.7 62 7 22 9 39 9 416 3 10, 721 Drug and proprietary stores do 23 473 Eating and drinking places do Food group _ do 69, 113 Grocery stores . .. do __ Gasoline service stations. ._ __do 22, 739 General merchandise group with non49, 820 stores 9 mil. $ General merchandise group without nonstores 9 § mil. $ 29, 589 Department stores. .. . ..do ._ Mail order houses (dept. store mdse) do Variety stores do 6,409 Liquor stores . do Estimated sales (seas, adj.), total | Durable goods stores 9 Automotive group Passenger car other auto dealers Tire, battery, accessory dealers 1, 548. 1 125.8 435.1 293.3 144.9 156.8 392.3 223 onn 514 29 289 9,597 5,607 5 172 435 932 282 464 550 r 931 r 268 r 512 ' 989 4 947 i 4 046 ' 2 923i 2 797 254 531 608 r 563 28 916 '29 442 '29, 164 128, 935 9,377 r' 9, 575 ' 9, 481 i 9, 381 5,504 5,518 5, 572 5,106 5,099 ' 5, 145 419 398 ••427 1,409 r 1, 433 1,438 1 433 1 395 1 372 1,360 1 357 1 402 1,434 922 896 920 ••903 852 846 853 856 '859 876 460 400 r r 436 431 428 429 475 439 446 443 1,231 1,261 1 261 1 330 1 191 1 219 1 204 1 204 1 190 1 196 937 974 992 949 1 049 919 933 911 958 926 r 282 269 281 287 271 280 261 271 267 270 r 19 383 19 215 19 355 19, 492 19 109 19,543 19, 692 19, 539 19, 867 '19,683 119, 554 1,613 ' 1, 746 1,663 1,702 1,652 1 571 1,640 1 659 1 619 1,640 ••414 393 395 416 372 375 387 371 406 369 615 631 '649 645 642 622 639 589 642 651 245 '266 265 261 272 249 277 263 286 275 du rable totals, and selected lines of trade for 1961-67, unadj., appear on p. 22 fi. of the Nov. 1968 Su RVEY; those for seas. adj. data appear on p. 52 of the May 1969 SURVEY. Further details appear in the Census Bureau Monthly Retail Trade Report, Aug. 1968. 9Includes data for items not shown separately. cfComprises lumber yards, building materials dealers, and paint, plumbing, and electrical st ores. § Except department stores mail order. July 1969 SURVEY OF CURRENT BUSINESS S-12 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1969 1968 1968 May Annual June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. 960 2,107 6,284 5,883 2,132 '963 '2,133 ' 6, 244 '5,839 '2,106 Apr. May June DOMESTIC TRADE—Continued RETAIL TRADEJ— Continued All retail stores}— Continued Estimated sales (seas, adj.)— Continued Nondurable goods stores— Continued Drug and proprietary stores mil. $ Eating and drinking places _ _ do_ Food group -. -do_ __ Grocery stores do Gasoline service stations do General merchandise group with nonstores 9 mil $ General merchandise group without nonstores 9 § mil. $ Department stores do Mail order houses (dept. store mdse.) do _ _ Variety stores do Liquor stores do Estimated inventories, end of year or month :^ Book value (unadjusted), total mil $ Durable goods stores 9 do Automotive group do Furniture and appliance group do Lumber, building, hardware group, -do Nondurable goods stores 9 do Apparel group do Food group do General merchandise group, with nonstores " mil. $ Department stores do Book value (seas, adj.), total do Durable goods stores 9 do Automotive group do Furniture and appliance group do Lumber, building, hardware group do Nondurable goods stores 9 do Apparel group do Food group do General merchandise group with nonstores mil. $ Department stores . .do Firms with 11 or more stores: J Estimated sales (unadj.), total 9 do. __ Apparel group 9 do Men's and boys' wear stores do Women's apparel, accessory stores. .. do. __ Shoe stores do Drug and proprietary stores do Eating and drinking places do Furniture and appliance group.. do General merchandise group with nonstores9 mil. $ General merchandise croup without nonstores § mil $ Dept. stores, excl. mail order sales do Variety stores _ .do Grocery stores do Tire, battery, accessory dealers do Estimated sales (seas, adj.), total 9 do 983 2,171 6,210 5,805 2,102 957 2,114 6,117 5,702 2,038 953 2,114 6,172 5,753 2,050 967 2,068 6,148 5,727 2,052 973 2,139 6,188 5,774 2,063 971 2,149 6,155 5, 735 2,049 967 2,146 6,149 5,731 2,050 944 2,128 6,235 5,817 2,064 969 2,062 6,139 5,744 2,052 979 2,094 6,315 5,909 2,097 959 2,123 6,346 5,955 2,091 4,452 4,488 4,730 4,626 4,520 4,640 4,729 4,577 4,601 4,694 4,637 ' 4, 920 4,780 4,035 2,700 254 519 584 4,075 2,728 270 514 577 4,290 2,896 275 526 596 4,191 2,828 277 520 591 4,061 2,743 271 492 593 4, 154 2,810 282 520 602 4, 259 2,925 293 522 601 4,168 2,877 275 505 565 4,176 2,861 273 535 634 4,273 2,924 298 534 603 4,211 2,895 296 517 601 '4,468 '3,080 '294 '558 '619 4,337 2,968 281 544 596 38,045 16,832 7,284 2,825 2,575 21,213 4,178 4,290 41,346 18,846 8,758 3,029 2,797 22,500 4,536 4,511 41,496 19, 278 9,069 3,039 2,794 22, 218 4,388 4,371 41,163 19, 174 8,987 3,027 2,764 21, 989 4,317 4,334 40,916 18, 895 8,794 3,035 2,801 22, 021 4,431 4,291 39,979 17,536 7,348 3,032 2,764 22,443 4,670 4,311 40,543 17,244 7,130 3,059 2,788 23,299 4,953 4,382 42,683 18, 246 7,898 3,140 2,806 24, 437 5,116 4,552 43, 815 18, 866 8,437 3,158 2,790 24, 949 5,145 4,651 41, 346 18,846 8,758 3,029 2,797 22,500 4,536 4,511 41, 544 19, 581 9,387 3,014 2,841 21,963 4,402 4,536 42, 597 19,884 9,575 3,010 2,926 22, 713 4,695 4,503 43,744 20, 326 9,774 3,105 3,005 23, 418 4,899 4,578 44,237 20,548 9,938 3,127 3,046 23,689 4,925 4,575 43, 948 20, 132 9,643 3,075 3,012 23, 816 4,902 4,627 8,304 4,717 39,318 17,403 7,425 2,927 2,666 21,915 4,384 4,273 9,237 5,286 42,657 19,461 8,919 3,139 2,898 23,196 4,760 4,493 9,146 5,168 40, 606 18, 248 8,192 3,006 2,713 22, 358 4,450 4,384 9,105 5,102 40,842 18, 440 8,352 3,006 2,712 22,402 4,506 4,351 9,189 5,148 41,065 18, 475 8,407 3,038 2,807 22, 590 4,630 4,356 9,305 5,189 41, 010 18, 501 8,417 3,035 2,781 22,509 4,574 4,381 9,733 5,375 41, 424 18, 622 8, 590 3,008 2,799 22, 802 4,668 4,408 10, 505 5,884 42, 220 19, 165 8,945 3,046 2,820 23, 055 4,720 4,450 10, 810 6,116 42, 488 19, 361 9,121 3,019 2,798 23, 127 4,694 4,555 9,237 5,286 42, 657 19, 461 8,919 3,139 2,898 23, 196 4,760 4,493 8,925 5,105 42, 740 19, 622 9,105 3,136 2,908 23,118 4,811 4,554 9,403 5,384 43, 014 19, 487 8,974 3,113 2,974 23, 527 4,880 4,548 9,783 5,615 43,004 19,542 9,008 3,146 2,955 23, 462 4,909 4,569 10, 013 5,752 43, 118 19, 567 9,084 3,102 2,966 23, 551 4,910 4,552 10, 141 5,782 43, 025 19, 044 8,711 3,042 2,924 23, 981 4,972 4,641 8,900 5,018 9,806 5,576 9,266 5,252 9,366 5,298 9,448 5,329 9,351 5,231 9,360 5,153 9,525 5,254 9,624 5,337 9,806 5,576 9,653 5,598 9,924 5,746 9,859 5,683 9,975 5,735 10, 275 5,876 94, 580 5,186 767 1,837 1,335 3,373 2,122 1,303 7,828 414 62 145 110 283 176 104 7,689 421 66 143 113 275 178 103 7,532 368 53 132 93 275 180 111 8,279 440 54 159 118 283 186 130 7,454 426 54 153 119 266 192 120 8,068 454 71 163 111 272 189 112 9,015 492 85 176 116 275 184 117 11, 179 721 119 266 151 433 175 135 7,282 351 59 123 85 273 177 86 6,776 307 46 113 76 253 167 87 7,918 441 57 158 117 279 194 89 8,126 '479 '63 '167 '120 '283 '212 '114 8,655 464 65 168 125 302 230 137 38, 395 3,033 3,013 2,959 3,300 2,979 3,303 3,920 5,692 2,522 2,397 3,028 ' 3, 243 3,359 35, 708 26, 184 4,821 34, 681 1,736 2,811 2,066 384 2,971 159 7,768 416 64 142 106 291 170 2,801 2,083 377 2,882 161 7,777 430 64 149 112 277 168 2,745 2,023 364 2,837 156 8,030 454 68 159 115 288 172 3,080 2,263 407 3,122 159 8,003 446 64 161 118 290 178 2,750 2,038 347 2,694 130 7,931 443 63 160 114 289 189 3,055 2,234 391 2,890 153 8,031 444 67 158 117 287 188 3,661 2,676 468 3,181 161 8,143 442 69 158 115 275 190 5,400 3,972 792 3,088 177 8,080 419 63 153 103 281 177 2,338 1,732 294 3,110 124 8,295 454 68 168 104 301 188 2,213 1,607 307 2,861 113 8,413 457 67 167 108 291 187 2,823 ' 3, 017 2,074 ' 2, 211 373 '416 3,080 '2,909 135 '163 8,340 '8,588 443 '502 65 '70 159 '177 ' 114 106 291 '298 194 '214 3,122 2,309 429 3,226 160 8,388 458 66 162 120 307 222 3,111 3,098 3,297 3,248 3,130 3,261 3,332 3,364 3,302 3,393 3,330 '3,556 3,410 2,893 2,106 404 2,854 147 2,884 2,113 396 2,908 144 3,080 2,276 409 2,919 147 3,033 2,234 404 2,915 153 2,892 2,121 380 2,928 142 3,027 2,218 404 2,943 153 3,088 2,262 416 2,992 153 3,126 2,320 405 2,975 137 3,092 2,264 430 3,061 156 3,177 2,339 430 3,127 154 3,109 2,297 412 3,095 152 3,179 ' 3, 325 ' 2, 440 2,330 440 '449 '3,021 2,968 144 '160 18,483 6,846 11,637 7,941 10,542 18, 672 6,690 11, 982 7,939 10, 733 18,641 6,892 11, 749 8,071 10, 570 18, 841 6,777 12,064 8,123 10, 718 19, 022 7,117 11, 905 8,368 10,654 19, 198 7,004 12, 194 8,334 10,864 19,285 7,020 12,265 8,296 10,989 19,186 6,958 12,228 8,150 11,036 20.630 7,140 13,490 8,677 11,953 19, 378 6,941 12, 437 8,317 11, 061 19, 746 6,790 12,956 8,173 11, 573 19,381 6,907 12, 474 8,274 11, 107 19, 353 6,730 12, 623 7,950 11, 403 19, 741 7,068 12, 673 8,389 11, 352 ' 19, 230 6,732 '12,498 '8,058 11, 172 '19,665 7,040 '12,625 '8,388 11, 277 '19,427 '6,865 '12,562 '8,257 '11,170 '19,746 '7,096 '12,650 ' 8, 368 ' 11, 378 19, 673 6,974 12,699 8,443 11, 230 19,709 7,011 12,698 8,264 11, 445 Men's and boys' wear stores do Women's apparel, accessory stores do Shoe stores _ _ do Drug and proprietary stores do Eating and drinking places do General merchandise group with nonstores 9 mil. $ General irerchandise group without nonstores § mil $ Dept. stores, excl. mail order sales do Variety stores do Grocery stores __ _ do Tire, battery, accessory dealers do All retail stores, accounts receivable, end of yr. or mo.: t Total (unadjusted) t mil. $ Durable goods stores do Nondurable goods stores do Charge accounts do Installment accounts do Total (seasonally adjusted) J do Durable goods stores. do Nondurable goods stores _ do Charge accounts. do Installment accounts, __ do 20,630 7,140 13, 490 8,677 11, 953 19 378 6,941 12, 437 8,317 11,061 LABOR FORCE, EMPLOYMENT, AND EARNINGS POPULATION OF THE UNITED STATES Total, incl. armed forces overseas mil LABOR FORCE Labor force, total, 16 years of age and over thous.. Civilian labor force do Employed, total do Nonagricultural employment .do Agricultural employment do Unemployed (all civilian workers) _ _ _ do * 199. 11 i 201. 15 200.81 200.98 201. 15 201.35 201.55 201. 74 201. 93 202. 10 202.25 202. 40 202 55 202. 71 202.88 203. C 80,793 77 347 74 372 70,528 3,844 2.975 82, 272 78 737 75 920 72, 103 3,817 2,817 81, 770 78 234 75 931 71, 935 3,996 2.303 84, 454 80 887 77 273 72 757 4,516 3.614 84,550 80 964 77 746 73, 270 4,476 3,217 83,792 80 203 77 432 73,325 4,107 2.772 82, 137 78 546 75 939 72, 103 3,836 2.606 82,477 78 874 76 364 72, 596 3,767 2.511 82, 702 79 185 76 609 73 001 3,607 2.577 82,618 79 118 76 700 73 421 3,279 2.419 81, 711 78 234 75*358 72 192 3,165 2.876 82, 579 79 104 76 181 72 896 3,285 2.923 82,770 79 266 76 520 73 193 3,327 2.746 83, 137 79 621 77 079 73 471 3,607 2.542 83,085 79 563 77 264 73, 370 3,894 2.299 85,88 82 35 78 95 74^58 4,36 3.40 ' Revised. » As of July 1. | See corresponding note on p. S-ll (beginning Aug. 1968, accounts receivable data reflect introduction of the new sample; no comparable data are 9 Includes data not shown separately. § Except depart- available for earlier periods). ment stores mail order. If Series revised to reflect benchmarking to the levels of the 1966 and 1967 Annual Retail Trade Reports and to conform to the definitions of the new retail sales sample; revised data back to 1961 appear on p. 22 ff. of the Nov. 1968 SURVEY. SUKVEY OF CURRENT BUSINESS July 1969 1968 1967 ' J 196&' Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS May Annual S-13 June r July ' Aug.' 1969 Sept.' Oct.' Nov.r Dec.' Jan.' Feb.' Mar.' Apr.' May June v LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued LABOR FORCE— Continued Seasonally Adjusted Civilian labor forcet Employed, total Nonagricultural employment Agricultural employment thous do do do 78, 742 75, 932 72,027 3,905 78, 919 76, 005 72, 156 3,849 78, 917 76, 020 72, 195 3,825 78, 749 75, 973 72, 222 3,751 78, 847 76,000 72, 349 3,651 78,800 76,002 72, 477 3,525 79,042 76,388 72,682 3,706 79,368 76, 765 72,923 3,842 79,874 77,229 73, 477 3,752 80,356 77, 729 73,848 3,881 80,495 77,767 74,035 3,732 80,450 77,605 73,941 3,664 80, 071 77, 265 73,460 3,805 80,433 77, 671 73,966 3,705 449 412 2,810 418 2,914 423 2,897 470 2,776 400 2,847 373 2,798 381 2,654 348 2,603 322 2,645 316 2,627 346 2,728 355 2,845 393 2,806 409 2,762 383 3.8 2.3 4.2 12.9 3.6 2.2 3.8 12.7 3.6 2.1 3.7 12.6 3.7 2.3 3.7 13.3 3.7 2.2 3.8 13.3 3.5 2.1 3.7 12.3 3.6 2.2 3.9 12.5 3.6 2.2 3.7 12.3 3.4 2.0 3.5 12.2 3.3 1.8 3.5 12.7 3.3 2.0 3.5 11.7 3.3 1.9 3.5 11.7 3.4 1.9 3.5 12.7 3.5 2.0 3.8 12.8 3.5 2.0 3.7 12.5 3.4 2.0 3.7 11.6 Married men* Nonwhite workers* White workers* 1.8 7.4 3.4 1.6 6.7 3.2 1.6 6.5 3.2 1.7 7.1 3.3 1.6 6.8 3.3 1.6 6.4 3.2 1.6 6.6 3.2 1.6 7.3 3.1 1.6 6.5 3.0 1.4 6.0 3.0 1.4 6.0 3.0 1.4 5.7 2.9 1.4 6.0 3.1 1.5 6.9 3.1 1.5 6.5 3.1 1.5 7.0 3.0 Occupation: White-collar workers* Blue-collar workers* Industry (nonagricultural): Private wage and salary workers* . _ Construction* _. Manufacturing * Durable goods* 2.2 4.4 2.0 4.1 1.9 3.8 2.0 4.1 2.1 4.3 2.0 4.2 2.0 4.1 2.0 4.0 2.0 3.9 1.9 3.6 1.9 3.8 1.9 3.6 2.0 3.7 1.8 4.1 1.9 3.8 2.1 3.7 3.9 7.3 3.7 3.4 3.6 6.9 3.3 3.0 3.4 6.7 3.2 2.9 3.8 7.7 3.2 2.8 3.8 7.0 3.2 2.8 3.6 6.9 3.3 3.0 3.6 5.7 3.3 3.1 3.6 6.0 3.4 3.2 3.4 6.5 3.2 3.1 3.3 5.4 2.8 2.6 3.4 5.5 3.2 2.7 3.3 5.5 2.9 2.4 3.4 6.2 3.1 2.7 3.6 6.2 3.2 3.0 3.5 5.5 3.1 2.9 3.5 5.0 3.3 3.3 ' 65, 857 '67,860 '68,470 '68,036 '68,205 '68,610 '68,960 '69,248 '69,805 '68,196 '68,403 '68,894 '69,462 '69,942 70,894 thous r 65, 857 ' 67, 860 . do . . . 610 613 do 3,267 3,208 do 19, 447 19,768 do. . 11, 624 11, 439 '67,816 '67,945 '68,088 '68,195 '68,427 '68,664 '68,875 '69,199 '69,487 '69, 710 '69,789 '70,024 623 622 622 622 626 624 573 626 628 620 615 619 3,286 3,374 3,305 3,313 3,330 3,363 3,397 3,338 3,366 3,267 3,268 3,272 19, 790 19,804 19,800 19, 820 19,840 19, 897 19,958 19,999 20,061 20,122 20,111 20, 140 11, 620 11, 666 11,634 11,646 11,649 11,700 11, 744 11, 819 11,839 11,881 11,868 11, 899 70, 216 621 3,449 20, 181 11,932 Unemployed (all civilian workers) do Long-term, 15 weeks and over do Rates (unemployed in each group as percent of total in that group) :J All civilian workers Men, 20 years and over Women, 20 years and over "Both sexes 16-19 years EMPLOYMENT Employees on payrolls of nonagricultural estab.ttl Total, not adjusted for seasonal variation thous Seasonally Adjusted . Total Mining. Contract construction Manufacturing Durable goods . do • do.._ do do do do do 317 597 455 628 1,322 1,363 1,970 342 598 474 637 1,314 1,394 1,961 343 596 474 642 1,321 1,391 1,955 346 598 474 641 1,324 1,392 1,949 350 599 476 644 1,308 1,393 1,955 346 599 478 645 1,302 1,401 1,960 333 600 480 649 1,294 1,411 1,966 347 600 484 652 1,300 1,420 1,974 351 603 485 658 1,313 1,426 1,971 349 606 490 664 1,321 1,437 1,981 346 607 494 666 1,330 1,444 1, 997 346 608 494 664 1,332 1,451 1,993 343 604 496 658 1,326 1,450 1,999 342 609 495 656 1,332 1,450 2,002 344 607 496 657 1,342 1,456 2,004 Electrical equip, and supplies do Transportation equipment . do Instruments and related products do___ Miscellaneous manufacturing ind do Nondurable goods _ _ do Food and kindred products do Tobacco manufactures.do Textile mill products do Apparel and other textile products. ._ do Paper and allied products. do Printing and publishing ...do Chemicals and allied products do Petroleum and coal products . do Rubber and plastics products, nec-.-do Leather and leather products. do Transportation, communication, electric, gas, and sanitary services thous Wholesale and retail trade ' do Wholesale trade do Retail trade do 1,959 1,949 451 428 8,008 1,786 87 959 1,398 679 1,048 1,001 183 516 351 1,982 2,028 460 435 8,144 1,781 84 991 1,408 693 1,063 1,026 187 557 356 1,979 2,029 458 432 8,170 1,791 85 994 1,418 691 1,063 1,024 188 557 359 1,982 2,068 455 437 8,138 1,777 85 993 1,412 690 1,063 1,025 187 558 348 1,983 2,027 462 437 8,166 1,781 87 995 1,406 695 1,066 1,028 187 564 357 1,984 2,035 462 434 8,174 1,782 84 994 1,414 696 1,065 1,031 186 565 357 1,982 2,034 463 437 8,191 1,782 83 994 1,416 700 1,070 1,034 187 568 357 1,988 2,031 465 439 8,197 1,781 82 997 1,412 704 1,072 1,038 188 567 356 1,996 2,031 465 445 8, 214 1,789 81 998 1,412 706 1,074 1,040 189 571 354 2,013 2,045 466 447 8,180 1,792 84 1,000 1,424 709 1,076 1,040 128 573 354 2,026 2,020 468 441 8,222 1,801 82 999 1,409 713 1,077 1,044 170 577 350 2,036 2,042 470 445 8,241 1,793 83 995 1,417 714 1,078 1,045 187 579 350 2,046 2,029 472 445 8,243 1,795 81 991 1,425 710 1,078 1,044 190 579 350 2,060 2,035 474 444 8,241 1,793 82 987 1,426 713 1,075 1,045 190 580 350 2,070 2,036 476 444 8,249 1,788 81 987 1,430 714 1,080 1,047 191 584 347 4,261 13,606 3,525 10, 081 4,313 14, 081 3,618 10, 464 4,300 14, 057 3,618 10, 439 4,315 14, 093 3,624 10, 469 4,327 14,154 3,633 10, 521 4,333 14, 198 3,646 10, 552 4,341 14, 265 3,660 10, 605 4,352 14, 291 3,669 10, 622 4,360 14, 271 3,678 10, 593 4,353 14, 412 3,701 10, 711 4,373 14,468 3,714 10,754 4,399 14,508 3,726 10, 782 4,439 14,533 3,737 10, 796 4,441 14,608 3,757 10, 851 4,440 14,634 3,765 10,869 3,225 10, 099 11, 398 2,719 8,679 3,383 10, 592 11, 846 2,737 9,109 3,363 10,554 11, 870 2,774 9,096 3,376 10,582 11,888 2,779 9,109 3,399 10, 625 11, 891 2,743 9,148 3,414 10,635 11,887 2,721 9,166 3,433 10, 721 11, 949 2,708 9,241 3,453 10, 787 11, 949 2,709 9,240 3,463 3,490 10,838 10,900 12, 032 12, 081 2,724 "2,760 9,308 « 9, 321 3,502 10,967 12, 122 2,767 9,355 3,515 11,034 12, 132 2,759 9,373 3,531 11,044 12,144 2,758 9,386 3,538 11, 077 12, 201 2,754 9,447 3,544 11,085 12,262 2,767 9,495 14,642 14, 434 14,581 14, 758 14, 731 '14,741 14,509 '14,584 '14,644 '14,604 '14,652 14, 915 O rdnance and accessories _ . Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products Machinery, except electrical. . Finance, insurance, and real estate do ._ Services .. do Government.. . do Federal do State and local. . do Production workers on manufacturing payrolls: Total, not seasonally adjusted tl— thous.. ' Seasonally Adjusted 14, 308 ' 14, 505 Totalt... thous ' 14, 308 ' 14, 505 14,534 14,541 Durable goods do 8,364 8,456 8,455 8,493 Ordnance and accessories do 174 192 194 196 Lumber and wood products do 519 519 517 519 Furniture and fixtures _. do 392 375 392 391 Stone, clay, and glass products do 500 510 516 516 Primary metal industries _ do ,060 1,046 1,050 1,052 Fabricated metal products. do ,054 1,072 1,072 1,075 Machinery, except electrical... do 1,341 ,369 1,337 1,327 Electrical equipment and supplies do ,322 1,324 1,319 1,323 Transportation equipment do ,371 1,433 1,437 1,475 Instruments and related products do ... 282 284 282 279 Miscellaneous manufacturing ind.. do 341 338 339 343 Nondurable goods do 5,944 6,049 6,079 6,048 Food and kindred products do 1,187 1,191 1,204 1,189 Tobacco manufactures. _ do 74 71 72 72 Textile mill products do 850 878 881 881 Apparel and other textile products do ... 1,242 1,237 1,250 1,245 ' Revised. j> Preliminary. * New series. Monthly data for earlier years ar 3 availab le. I Effective with the Mar. 1969 SURVEY, labor force data refle ct new seasonal fa ctors; co raparable data for earlier months appear in the Feb. an d Mar. 1969 issues c f Employment a id Earnings and Monthly Report on the Labor Force (] 3LS). •(•Effective with the Sept. 1967 SURVEY, additionalseries (un employimjnt rates, seasona ly adjusted production workers, hours, man-hours and man-hour indexes, private s ector dal a, and spendable earnings) are shown; these are not in f he 1967 edition of B USINESS STATISTIC:s. 14, 701 14, 519 '14,533 14,545 '14,594 14,635 14, 684 '14,731 '14,771 '14,739 '14,766 14,803 8,690 8,654 8,634 8,659 8,628 8,505 8,536 8,606 8,465 8,462 8,450 194 192 195 197 193 195 195 195 196 183 197 525 529 525 524 520 527 528 519 520 519 528 413 412 410 410 413 402 400 395 407 397 394 527 526 535 529 530 524 537 522 534 519 518 1,071 1,062 1,063 1,057 ,034 1,044 1,031 ,058 1,051 1,027 ,037 1,121 1,127 1,121 1,100 1,118 ,115 ,079 1,095 1,089 1,109 ,073 1,374 1,369 1,370 ,370 1,346 1,363 ,336 1,341 1,354 1,359 ,333 1,383 1,387 1,364 1,369 1,330 ,355 ,323 1,321 1,324 1,344 ,324 1,426 1,431 1,420 1,432 ,426 1,430 1,434 1,427 ,439 1,439 ,428 295 292 293 292 289 287 285 286 287 288 284 346 346 349 348 341 346 351 343 345 351 342 6,113 6,068 6,083 6,089 6,099 6,078 6,103 6,117 6,105 6,107 6,069 1,204 1,206 1,205 1,202 1,208 1,194 1,215 1,193 1,194 1,205 1,192 68 69 68 69 72 70 69 70 69 71 74 870 872 880 875 883 883 882 881 880 883 885 1,256 1,252 1,255 1,246 1,243 1,247 1,254 1,238 1,241 1,249 1,245 HBeg inning in the Julj- 1969 SuiEIVEY, pa yroll emp)loyment and earrlings dat i reflect r evised benchr narks an d seasonsil factors compar able earl er data, except IE an-hours and ma n-hour indexes , will ap Dear in B LS Bull Btin 1312--7, EMPL OYMENT A.ND EAR NINGS, IINITED S TATES, "Beg inning 1909-69 , to be av ailable s(>on from the Gov t. Printi tn Off., \Vash., D C. 20402 Jan. IS 69, feder al emplo yment i ncludes jibout 39 000 civil lan tech tiicians o f the N£itional Guard who wer e transfei red from State to federal s tatus. SURVEY OF CURRENT BUSINESS S-14 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 1967' | 1968' May Annual July 1969 June ' July Aug.' 1969 Sept.' Oct.' Nov.' Dec.' Jan.' Feb.' Mar.' Apr.' May ' June * LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued EMPLOYMENT— Continued Seasonally Adjusted Production workers on manufacturing payrolls— Continued Nondurable goods industries— Continued Paper and allied products thous Printing and publishing. . . . do Chemicals and allied products do Petroleum and coal products do Rubber and plastics products, nee do Leather and leather products do '526 662 592 115 397 304 '537 665 608 118 431 307 '536 665 608 119 433 311 '537 666 607 118 433 300 '540 667 611 118 437 307 '540 664 611 117 437 306 '543 668 613 119 440 307 '546 670 616 119 439 307 '549 671 617 119 441 305 '550 673 617 73 444 306 '555 672 620 101 448 302 '555 673 620 116 449 301 '549 672 617 118 449 300 '552 669 615 118 451 300 554 671 619 119 454 298 '43.1 37.3 40.7 40.9 3.6 41.5 3.8 41.4 40.7 40.7 41.9 41.8 41.8 42.1 40.4 42.6 40.6 39.4 42.8 37.5 40.7 40.7 3.6 41.3 3.6 41.7 40.8 40.7 41.9 40.3 41.7 42.0 40.5 42.2 40.6 39.3 '42.9 37.5 41.2 41.0 3.7 41.6 3.9 41.7 41.0 40.8 42.1 41.4 41.9 42.3 40.7 42.3 40.6 39.6 '41.2 37.5 41.1 40.9 3.7 41.6 3.9 42.0 40.7 40.8 42.1 41.4 42.1 42.3 40.4 42.5 40.6 39.4 43.2 36.2 40.9 40.8 3.8 41.6 4.0 41.4 40.6 40.5 41.8 41.4 42.1 42.3 40.3 42.3 40.7 39.2 '43.3 37.6 41.1 40.8 3.7 41.3 3.9 41.3 41.1 40.5 42.0 41.6 41.7 42.2 40.2 41.8 40.5 39.0 '43.3 38.2 40.4 40.6 3.8 41.3 3.8 40.0 40.0 40.6 41.8 41.7 41.8 42.5 40.4 41.4 40.7 39.2 43.3 38.0 40.0 40.1 3.5 40.9 3.8 40.3 40.8 40.1 42.2 41.6 41.2 42.3 39.7 41.6 39.7 37.6 42.8 37.9 40.7 40.9 3.7 41.5 3.9 40.8 40.9 40.7 42.3 41.9 41.9 42.7 40.7 41.6 40.7 39.0 '43.8 38.0 40.5 40.8 3.7 41.4 3.8 40.9 40.2 40.9 42.0 41.8 41.8 42.6 40.9 41.5 40.8 39.5 43.3 38.1 40.7 40.7 3.6 41.4 3.8 40.9 40.2 40.8 42.0 41.7 41.5 42.7 40.7 41.1 40.7 39.1 43.2 37.6 40.9 40.7 3.6 41.3 3.9 41.5 40.4 40.8 41.9 41.8 41.8 42.7 40.7 41.1 40.8 39.3 HOURS AND MAN-HOURS Seasonally Adjusted Average weekly gross hours per production on payrolls of nonagricultural estab.: tl MiningContract construction.Manufacturing: Not seasonally adjusted Seasonally adjusted Overtime hours Durable goods Overtime hours . Ordnance and accessories Lumber and wood products.Furniture and fixtures Stone, clay, and glass products Primary metal industries _ Fabricated metal products. Machinery, except electrical Electrical equipment and supplies Transportation equipment . Instruments and related products. Miscellaneous manufacturing ind-. Nondurable goods _ Overtime hours .. Food and kindred products Tobacco manufactures . Textile mill products.. _ Apparel and other textile products Paper and allied products. Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and plastics products, nee Leather and leather products.... Wholesale and retail trade Wholesale trade.. Retail trade.Finance, insurance, and real estate worker hours do do do do do do do do... do do do do do do do do do 42.6 37.7 40.6 42.7 37.4 40.7 3.4 41.2 3.5 41.7 40.2 40.4 41.6 41.1 41.5 42.6 40.2 41.4 41.3 39.4 3.6 41.4 3.8 41.5 40.6 40.6 41.8 41.6 41.7 42.1 40.3 42.2 40.5 39.3 42.9 37.5 41.1 40.9 3.6 41.6 3.9 41.7 40.8 41.0 41.9 42.1 41.9 42.1 40.5 42.5 40.6 39.6 do do do do do do . 39.7 3.1 40.9 38.6 40.9 36.0 39.8 3.3 40.8 37.8 41.2 36.1 40.0 3.4 40.9 38.5 41.4 36.4 39.9 3.4 40.8 38.1 41.5 36.2 39.9 3.4 41.0 38.7 41.2 36.1 40.0 3.4 40.8 38.2 41.4 36.4 39.9 3.3 40.8 37.7 41.2 36.3 39.7 3.4 40.6 37.5 41.1 36.0 39.9 3.4 40.9 37.1 41.2 36.1 39.8 3.6 40.6 37.2 40.6 36.2 39.1 3.2 40.7 36.6 39.9 35.2 39.9 3.4 40.9 36.5 40.9 36.0 39.8 3.4 40.9 36.4 41.1 36.0 39.8 3.4 40.7 38.2 41.0 36.0 39.9 3.4 40.7 39.6 41.2 36. 3 do do do do do do 42.8 38.4 41.6 42 7 41.4 38.1 42.9 38.3 41.8 42.5 41.5 38.3 43.0 38.2 41.8 42.3 41.8 38.6 43.1 38.3 41.8 42.7 41.7 38.1 43.0 38.5 41.8 42.2 41.5 38.0 43.2 38.5 41.9 42.5 41.6 38.1 43.1 38.6 41.9 42.6 41.6 38.6 43.0 38.4 41.9 42.6 41.4 37.9 43.2 38.5 41.9 42.7 41.5 37.8 43.5 38.4 41.9 41.8 41.5 37.6 42.5 37.9 41.7 42.6 40.7 35.3 43.2 38.3 41.7 43.2 41.4 37.6 43.4 38.3 41.6 42.9 41.4 37.7 43.0 38.4 41.7 42.8 41.4 37.7 43.1 38.4 42.0 42.7 41.5 37.5 do do do do 36.5 40.3 35.3 37.0 36.0 40.1 34.7 37.0 36.2 40.2 34.8 37.1 36.1 40.1 34.8 37.0 36.2 40.2 34.8 37.1 36.1 40.2 34.7 37.1 35.9 40.1 34.5 37.1 35.8 40.0 34.5 36.9 35.7 40.0 34.3 37.0 35.8 40.1 34.4 37.2 35.7 40.1 34.2 37.1 35.7 40.1 34.3 37.1 35.6 40.2 34.1 37.1 35.6 40.0 34.3 37.0 35.9 40.1 34.4 37.4 134. 62 134.75 135.24 ' 135.57 135.75 ' 135.89 135.83 136.19 136.51 136.65 138.00 138.42 139.12 139. 69 113.7 79.4 111.1 115.9 121.6 204.5 93.1 121.8 106.3 115.4 78.6 112.0 117.9 123.4 223.8 93.9 128.0 109.2 116.1 79.7 112.0 118.7 124.1 227.6 94.0 129.1 110.6 116.0 80.8 111.6 118.6 124.4 228.3 94.2 128.1 110.6 '115.5 80.4 112.2 117.9 123.0 231.1 94.6 129.0 111.0 116.2 80.7 112.9 118.7 124.1 228.8 95.0 129.6 111.8 116.0 70.3 113.8 118.7 124.1 216.3 94.2 130.2 112.4 115.9 81.3 110.0 118.7 124.4 227.2 94.2 130.4 112.0 '116.9 81.7 115.3 119.0 124.5 226.6 96.0 130.8 113.9 118.3 ' 118. 1 ' 118. 2 81.1 81.3 82.8 117.7 117.4 119.0 120.3 120.0 119.9 126.8 126.2 126.3 226.2 222.1 221.0 96.3 94.2 94.9 134.2 135.9 135.2 115.7 113.6 113.0 118.6 80.6 118.9 120.5 126.9 226.5 94.6 135.5 112.9 Seasonally Adjusted Man-hours in nonfarm estab., all employees, seasonally adjusted, annual ratefl bil. man-hours. . ' 131. 45 Man-hour indexes (aggregate weekly), industrial and construction industries, totalfl 1957-59=100.. Mining.. do Contract construction ... .. do Manufacturing. do Durable goods do Ordnance and accessories do Lumber and wood products do Furniture and fixtures. do Stone, clay, and glass products _ . do ' 117. 4 ' 116. 8 82.0 82.5 118.0 117.7 118.4 119.1 125.3 124.9 220.6 221.1 94.2 95.9 132.9 132.3 114.2 115.9 Primary metal industries Fabricated metal products Machinery, except electrical Electrical equipment and supplies Transportation equipment Instruments and related products Miscellaneous manufacturing ind do do do do do do _ -do 110.3 123.9 137.4 143.0 114.2 127.4 108.9 110.2 126.9 133.0 143.5 121.7 126.0 109.7 112.0 127.2 132.8 143.7 122.9 125.4 109.6 111.4 126. 9 131.8 143.8 126.4 124.0 110.4 105.9 126.7 132.1 144.2 121.3 126.5 109.8 108.5 128.1 133.4 144.8 122.5 126.6 110.3 107.7 129.9 133.8 143.5 122.6 127.1 110.4 108.1 130.6 135.1 143.5 121.7 127.8 110.5 110.0 129. 9 134.0 143.8 120.0 127.5 111.8 111.0 131.3 136.3 146.0 119.9 128.5 112.4 111.5 130.1 136.7 144.7 119.4 125.7 106.3 112.9 133.0 137.3 149.3 119.9 130.2 111.2 111.9 132.4 137.7 150.6 118.6 130.6 112.3 112.2 131.8 137.9 151.4 117.9 130.7 110.5 113.4 133.4 138.4 151.8 118.3 131.9 111.1 Nondurable goods. Food and kindred products. Tobacco manufactures.. Textile mill products ... Apparel and other textile products do do do do do 108.6 96.2 86.8 102.7 116.8 110.7 96.2 82.2 106.7 117.5 111.7 97.5 84.5 107.7 119.3 111.0 96.1 83.6 108.0 118.2 111.3 96.8 87.3 107.3 117.5 111.5 96.4 83.8 107.7 119.0 111.7 96.5 80.5 107.1 118.9 111.3 96.0 80.0 107.2 117.5 111.8 97.3 78.0 107.5 117.7 111.0 96.9 80.5 106.1 119.0 109.8 97.9 77.0 104.1 114.3 111.8 97.8 76.8 106.3 117.6 111.7 97.6 75.5 106.2 118.2 111.6 97.2 80.4 105.6 118.5 112.1 97.0 82.1 105.9 119.6 Paper and allied products Printing and publishing.... Chemicals and allied products Petroleum and coal products Rubber and plastics products, nee Leather and leather products do do do do do do 114.9 116.7 118.6 80.8 144.4 94.8 117.7 117.0 122.4 83.0 157.2 96.0 117.6 116.7 122.4 83.1 159.2 98.2 118.1 117.2 122.2 83.2 158.8 93.5 118.5 118.0 123.0 82.2 159.5 95.5 119.1 117.5 123.3 82.1 159.9 95.4 119.4 118.5 123.7 83.7 161.0 97.0 119.8 118.2 124.3 83.7 159.8 95.2 121.0 118.7 124.5 83.9 161.0 94.3 122.1 118.8 124.5 50.4 162.0 94.1 120.4 117.0 124.5 71.0 160.4 87.2 122.4 118. 5 124.5 82.8 163.5 92.6 121.6 118.3 123.6 83.6 163.5 92.5 121.1 118.1 123.5 83.4 164.2 92.5 121.9 118.4 125.2 83.9 165.7 91.4 144. 52 '145.62 '144.62 146. 45 '138.86 '148.52 151. 12 150. 15 165. 50 168.30 170. 72 173. 76 173. 57 159. 35 168. 81 168.09 123. 30 122. 10 121. 69 125. 25 125. 77 125. 97 127. 82 126. 05 U S ee corres ponding note, bo ttom of p>. S-13. 149. 60 166. 90 124. 80 148.54 171. 86 127. 39 154. 78 154.94 174. 46 179. 16 127. 58 1 128.61 157. 32 180. 18 129. 65 WEEKLY AND HOURLY EARNINGS Not Seasonally Adjusted Average weekly gross earnings per production worker on payrolls of nonagricultural estab. :t1 Mining.. dollars Contract construction do Manufacturing establishments.— do ' Revised. v Preliminary. TSee corresponding note, bottom of p. S-13. 135. 89 ' 143. 05 154.95 164.56 114. 90 122. 51 r SURVEY OF CURRENT BUSINESS July 1968 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1969 1968 1967 ' | 1968 ' Annual S-15 May June ' July r Aug.' Sept.' Oct.' Nov.' Dec/ Jan.r Feb.' Mar/ Apr/ May- June 9 LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued WEEKLY AND HOURLY EARNINGS— Con. Not Seasonally Adjusted—Continued Avg. weekly gross earnings per prod, worker on manufacturing payrolls— Continued tl Durable goods dollars Ordnance and accessories do Lumber and wood products do Furniture and fixtures do Stone, clay, and glass products do Primary metal industries Fabricated metal products Machinery, except electricalElectrical equip, and supplies Transportation equipment Instruments and related products Miscellaneous manufacturing ind.. Nondurable goods Food and kindred products .. Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products-.. Rubber and plastics products, neeLeather and leather products Wholesale and retail trade -_ Wholesale trade Retail trade Finance, insurance, and real estate 123. 60 132. 61 95.27 94.13 117.31 132. 07 135. 71 104.34 100.28 124. 98 132. 92 134. 78 106.97 101. 52 127. 20 131. 02 132. 02 105. 41 99.14 126. 30 130. 29 134. 05 107. 53 102. 18 128. 05 135. 01 137. 85 109. 03 104.33 129. 93 135. 43 140. 10 107. 68 104. 58 129. 93 136. 36 138. 86 105. 73 103. 48 127. 49 137. 61 141. 28 107. 16 105. 32 128. 21 136.04 135. 74 102. 56 101. 60 125. 36 135. 05 135.54 104.40 100.84 126. 38 137. 45 137. 23 107. 86 103. 42 129. 27 137. 20 138.11 106. 13 103. 46 131. 57 138. 69 139. 47 108. 81 104.78 134.09 139. 03 142. 00 110. 43 106.34 134. 83 do do do do do. . _ do do 137. 27 123. 67 135. 89 111.35 142. 42 117. 71 92.59 147. 68 131. 77 141. 46 118. 08 155. 72 120. 69 98.25 149. 67 132. 62 141. 37 118. 15 155. 55 120. 88 99.00 148. 75 130. 41 139. 70 116. 11 152. 52 119. 39 96.36 142. 36 132, 09 139. 03 117. 97 150. 70 120. 80 98.11 148. 68 136. 43 143. 40 120. 66 160.07 123. 22 99.90 147. 24 136. 53 145. 09 120. 99 162. 92 123. 22 100. 15 149. 14 137. 05 145. 94 122. 10 165. 02 124. 75 100. 19 152. 67 136. 50 148. 17 123. 62 164.86 125. 97 101. 14 154.66 134. 96 147. 55 122. 51 160. 19 124. 74 100.62 153. 14 133. 01 148. 82 120. 69 157. 03 123. 07 98.40 155. 82 136. 45 151. 36 123. 42 157. 38 126. 17 102. 05 157. 45 136. 21 150. 80 122. 92 157. 44 125. 96 102. 44 157. 13 137. 70 152. 01 124. 24 158. 18 127. 08 102. 96 158. 30 139. 44 152. 80 125. 66 157. 41 128.84 104.54 do do. do do do. 102. 03 107. 98 87.62 84.25 73.08 109. 05 114. 24 94.12 91.05 79.78 109. 47 115.08 102. 31 90.69 80.30 110. 00. 110. 55 115. 51 114. 96 98.89 95.55 88.97 92.51 79.06 81.40 112. 03 116.48 94.49 94.02 82.26 111.88 115. 21 92.58 94.21 82.63 111. 72 113.08 116. 28 117. 96 94. 50. 96.14 94.85 93.98 81.36 81.36 111.50 117. 27 93.03 92.11 81.40 110. 48 116. 40 95.21 90.57 79.90 113. 15 118. 08 94.70 93.66 83.13 113. 08 117. 89 95.94 92.92 81.85 114. 34 119. 48 102. 92 94.07 82.44 115. 60 120. 25 110. 40 95.22 84.08 122. 84 125. 95 128. 96 152. 87 113.44 78.87 130. 85 133. 28 136. 27 159. 38 121. 18 85.41 130. 59 132. 94 136. 27 158. 90 121. 64 87.36 132. 32 132. 94 136. 45 163.18 121. 42 85.31 132. 62 135. 45 136. 86 157. 78 122. 30 85.41 135. 60 137. 35 138. 60 162. 49 125. 46 85.43 134. 54 137. 39 138. 69 160. 98 125. 16 86.56 134. 78 136. 32 139. 86 161. 88 124. 68 86.03 136. 90 139. 65 141. 46 159. 56 126. 12 88.32 135. 14 136.06 140. 19 152. 40 124. 73 87.46 132. 19 136. 10 139. 86 161. 38 121. 30 83.18 135. 45 139.03 140. 95 168. 67 123. 30 87.28 135. 99 138. 68 142. 46 174. 10 123. 82 85.78 136. 74 140. 56 142. 96 173. 26 125. 25 87.89 139. 10 140. 93 144. 48 172. 86 126. 99 89.07 81.76 116.06 70.95 95.46 86.40 122. 31 74.95 101. 75 87.36 122. 51 75.82 101. 75 88.56 123. 12 77.33 102. 40 88.80 122. 82 77.33 102. 40 88.08 124. 22 75.99 103. 23 87.11 123. 82 75.46 103. 51 87.33 124. 40 75.70 103. 69 87.96 125. 74 76.47 104.99 88.40 124. 80 76.16 106. 76 88.60 126. 08 76.39 107. 59 88.85 126. 40 76.61 107. 22 88.96 127. 20 76.73 106. 85 89.66 127. 28 77.63 106. 93 91.69 128.64 79.46 108. 54 3.19 4.11 2.83 2.72 3.00 2.88 3.18 2.37 2.33 2.82 '3.35 4.40 3.01 2.88 3.19 3.05 3.27 2.57 2.47 2.99 '3.33 4.31 3.00 2.87 3.18 3.04 3.24 2.59 2.47 3.00 ••3.34 4.36 3.00 2.88 3.18 3.04 3.22 2.59 2.46 3.00 '3.34 4.40 2.99 2.86 3.17 3.03 3.23 2.61 2.48 3.02 '3.39 4.49 3.04 2.90 3.23 3.07 3.29 2.64 2.52 3.05 '3.33 4.52 3.06 2.92 3.24 3.09 3.32 2.62 2.52 3.05 '3.47 4.54 3.08 2.94 3.27 3.11 3.33 2.63 2.53 3.05 '3.49 4.55 3.11 2.97 3.30 3.15 3.38 2.62 2.55 3.06 '3.50 4.58 3.12 2.98 3.31 3.16 3.36 2.59 2.54 3.05 '3.52 4.56 3.12 3.00 3.31 3.17 3.38 2.61 2.54 3.06 '3.52 4.62 3.13 3.00 3.32 3.17 3.38 2.65 2.56 3.10 3.55 4.64 3.15 3.02 3.33 3.19 3.41 2.64 2.58 3.14 '3.57 4.69 3.16 3.03 3.35 3.20 3.41 2.68 2.60 3.17 3.60 4.68 3.17 3.03 3.35 3.21 3.43 2.70 2.60 3.18 3.34 2.98 3.19 2.77 3.44 2.85 2.35 3.55 3.16 3.36 2.93 3.69 2 98 2.50 3.53 3.15 3.35 2.91 3.66 2.97 2.50 3.55 3.15 3.35 2.91 3.64 2.97 2.49 3.55 3.16 3.35 2.92 3.64 2.99 2.49 3.60 3.21 3.39 2.95 3.74 3.02 2.51 3.60 3.22 3.43 2.98 3.78 3.02 2.51 3.62 3.24 3.45 3.00 3.82 3.05 2.53 3.67 3.25 3.47 3.03 3.87 3.08 2.58 3.70 3.26 3.48 3.04 3.86 3.08 2.60 3.69 3.26 3.51 3.04 3.83 3.10 2.61 3.71 3.28 3.52 3.04 3.82 3.10 2.61 3.74 3.29 3.54 3.05 3.84 3.11 2.62 3.75 3.31 3.56 3.06 3.83 3.13 2.64 3.76 3.32 3.57 3.08 3.83 3.15 2.66 2.57 2.47 2.64 2.27 2.06 2.03 2.87 3.28 3.10 3.58 2.74 2.07 2.24 2.88 2.01 2.58 2.74 2.63 2.80 2.49 2.21 2.21 3 05 3.48 3.26 3.75 2.92 2.23 2.40 3.05 2.16 2.75 2.73 2.62 2.80 2.63 2.18 2.20 3.03 3.48 3.26 3.73 2.91 2.24 2.40 3.04 2.16 2.75 2.75 2.63 2.79 2.63 2.17 2.19 3.07 3.48 3.28 3.76 2.94 2.21 2.40 3.04 2.16 2.76 2.75 2.64 2.77 2.45 2.24 2.23 3.07 3.50 3.29 3.73 2.94 2.23 2.40 3.04 2.16 2.76 2.78 2.66 2.80 2.38 2.26 2.26 3.11 3.54 3.30 3.77 2.98 2.26 2.44 3.09 2.19 2.79 2.79 2.67 2.81 2.38 2.27 2.27 3.10 3.55 3.31 3.77 2.98 2.26 2.44 3.08 2.20 2.79 2.80 2.69 2.85 2.52 2.27 2.26 3.12 3.55 3.33 3.80 2.99 2.27 2.46 3.11 2.22 2.81 2.82 2.70 2.87 2.55 2.28 2.26 3.14 3.59 3.36 3.79 3.01 2.30 2.45 3.12 2.21 2.83 2.83 2.72 2.91 2.57 2.28 2.28 3.15 3.59 3.37 3.69 3.02 2.32 2.49 3.12 2.24 2.87 2.84 2.73 2.91 2.63 2.27 2.27 3.14 3.61 3.37 3.87 3.01 2.33 2.51 3.16 2.26 2.90 2.85 2.74 2.93 2.66 2.29 2.29 3.15 3.63 3.38 3.95 3.00 2.34 2.51 3.16 2.26 2.89 2.87 2.76 2.94 2.68 2.30 2.28 3.17 3.64 3.40 4.03 3.02 2.35 2.52 3.18 2.27 2.88 2.88 2.77 2.95 2.73 2.30 2.29 3.18 3.67 3.42 4.02 3.04 2.35 2.54 3.19 2.29 2.89 2.89 2.77 2.94 2.76 2.30 2.31 3.22 3.67 3.44 4.02 3.06 2.35 2.54 3.20 2.29 2.91 4.287 6.073 4.307 6.102 4.321 6.150 4.343 6.173 4.422 6.228 4.495 6.315 4.657 6.519 3.561 3.552 4.435 6.261 1.59 3.534 4.379 6.202 1 57 3.581 4.43 6.212 3.496 4.317 6.134 1 41 3.501 105. 91 86.88 108. 66 88.92 109. 06 88.74 109. 22 88.51 110. 65 89.45 108. 78 87.66 107. 82 86.53 109. 81 87.43 109.95 86.99 110. 74 87.33 111.54 87.41 56,802 '56,849 ' 56,923 ' 57,139 ' 57,579 56,056 ' 56,159 ' 56,615 ' 57,188 ' 57,642 47,102 47, 177 47, 247 47,464 47, 874 46, 359 46, 426 46, 824 47,344 47, 756 37.7 37.6 37.5 37.2 37.8 37.5 37.5 38.3 37.9 38.1 37.8 37.8 37.8 37.6 37.5 37.6 37.8 37.9 37.9 37.8 109.16 110.49 110. 29 109. 50 110. 38 110. 25 110. 11 111.67 111. 75 113 48 3.01 2.97 2.98 2.92 2.94 2.96 2.92 2.85 2.90 2.91 11 See corre spending; note, b Dttom of fSeec;orrespon ding not e, bottoni of p. S-13. tfWa ges as of July 1, 1369: Com mon, $4. 575; Skill*3d, $6.585 58,544 48, 575 38.1 37.9 115.06 3.02 p. S-13. do do do do .do do do do do do _ Average hourly gross earnings per production worker on payrolls of nonagricultural estab.:^ Mining dollars.. Contract construction do Manufacturing do. Excluding overtime do Durable goods . . . do Excluding overtime. .. do Ordnance and accessories do Lumber and wood products do Furniture and fixtures do Stone, clay, and glass products do Primary metal industries _. Fabricated metal products Machinery, except electrical Electrical equip, and supplies . Transportation equipment Instruments and related products Miscellaneous manufacturing ind Nondurable goods— Excluding overtime Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and plastics products, nee Leather and leather products Wholesale and retail trade Wholesale trade Retail trade ._ Finance, insurance, and real estate do do do do do do .do do do do do do do do... do do ..do do do.... do do do do Miscellaneous hourly wages: Construction wages, 20 cities (ENR):d" Common labor $perhr 3.887 4.203 4.234 4.224 Skilled labor do 5.527 5.956 5.989 5.974 Farm, without board or rm., 1st of mo do 1.33 1.44 1 45 Raikoad wages (average, class I) do i 3. 293 'i 3. 466 3.464 3.254 Spendable Weekly Earnings f 1 Spendable average weekly earnings per worker (with three dependents) in manufacturing industries: Current dollars § _ . 101. 26 106. 75 107. 16 106. 23 C onstant dollars § 1957-59 dollars 87.07 88.08 88.64 87.43 PRIVATE SECTOR SERIESfl Not Seasonally Adjusted Excludes government employees:^ Employees, total, nonagricultural estab thous ' 54, 459 r 56, 014 56, 513 56,539 Production or nonsupervisory workers, do 45, 169 46, 434 46, 908 46, 869 Hrs. (gross), av. weekly: Unadjusted. .hours.. 38.0 37.8 38.2 38.1 Seasonally adj.do.... 37.9 37.9 Weekly earnings (gross), average dollars.. 101. 84 107. 73 108. 20 108. 87 Hourly earnings (gross), average do 2.68 2.85 2.84 2.85 r Revised. » Preliminary. 1 Includes adjustnicnts not distribute i by moriths. § Effective Apr. 1968, data reflect income tax surcharge im posed by the Re-« enue an d Expenditure Control Act. SURVEY OF CURRENT BUSINESS S-16 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1969 1968 1968 1967 July 1969 May Annual June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued HELP-WANTED ADVERTISING Seasonally adjusted index 1957-59=100 LABOR TURNOVER Manufacturing establishments: Unadjusted for seasonal variation: A Accession rate, total mo. rate per 100 employees. _ New hires __ do Separation rate, total do Quit do Layoff __ do Seasonally adjusted: A Accession rate, total do New hires __ do Separation rate, total do Quit do Layoff . do 182 200 4.4 4.6 3.5 4.6 2.5 1.2 0 O 4.6 2.3 1.4 187 189 185 4.6 5.9 '3.6 4 7 ' 5.0 3 7 r 2 2 2 3 .9 1.7 4.3 2.4 1.0 '3.5 4.7 2.5 1.3 INDUSTRIAL DISPUTES Strikes and lockouts: Beginning in period: r Work stoppages number 5 045 4 595 Workers involved . _ thous 2,870 '2,649 In effect during month: Work stoppages number Workers involved _ _ thous Man-days idle during period do 42,100 r 49, 018 EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE Nonfarm placements _ _ . thous 5,733 5 817 Unemployment insurance programs: Insured unemployment, all programs do 1,270 1,187 State programs: Initial claims do 11 760 10 463 Insured unemployment, weekly avg do 1 205 1 111 Percent of covered employment:^ Unadjusted 2 5 2 2 Seasonally adjusted.. _ _ _ Beneficiaries, weekly average thous 1 017 936 Benefits paid _ mil. $ 2 092 3 2 031 9 Federal employees, insured unemployment, weekly average thous 20 23 Veterans' program (UCX): Initial claims do 222 289 Insured unemployment, weekly avg.-.do. 23 32 Beneficiaries, weekly average do 21 29 Benefits paid mil $ 46 3 69 2 Railroad program: Applications thous 241 139 Insured unemployment, weekly avg.-.do . 20 20 Benefits paid . mil. $ 40.6 40 4 r ••610 '307 r '930 '736 7, 452 4.7 3.5 4.6 2.4 1.2 4 5 r 3.3 4.5 23 1. 1 r 500 520 '202 169 r r r 810 400 5, 577 T r 880 '465 4, 612 219 213 222 226 221 230 232 227 217 5.0 4.6 3.3 4.5 2.3 1.2 3.9 3.0 4.0 4.4 3.4 4.4 21 10 2 4 '4.5 '3.5 '4.5 '2.6 1.0 '.9 "4.8 "3.8 "4.6 "2.8 * .9 4 6 37 4.6 27 '1.2 '4.9 '3.9 '4.9 '2.7 ' 1.0 "4.8 "3.7 "5.0 "2.9 "1.1 6.0 6.3 4.9 4 0 3.8 2.9 4.1 37 12 41 1i 28 21 1.2 1.2 3.0 2.2 3.8 1.6 1.4 48 '3.6 '4.6 4.7 4.9 '3.7 '4.2 '3.8 5.7 4 3 5.0 4.1 4.6 198 r 5.7 4 5 46 '3 5 '4.9 2 6 f I 2 4 7 '3 6 ' 4 6 24 12 2 6 ' 1.2 3.5 4.5 2.6 1.1 '466 ' 154 '448 ' 170 '434 '279 '327 ' 130 4.6 4.8 '27 '11 ' 183 320 182 330 137 420 112 570 253 660 219 '821 '741 '617 '408 ' 738 ' 189 '360 '415 '306 '349 '4,049 '3 081 ' 3, 992 ' 2, 431 ' 1, 693 480 255 3.380 500 266 2,590 600 261 2,080 770 303 2,740 870 329 3,530 373 2.5 '1.1 '64 496 538 542 531 561 540 426 360 392 1,025 942 1,057 1,023 867 861 984 1,252 1,584 696 964 642 883 1 080 778 955 604 802 701 794 788 913 1 161 1,172 1 240 1 491 18 2 0 18 2 0 2.2 844 2.2 794 159 1 129 1 991 '4.0 4.6 2.7 1.1 19 2.3 770 2.3 804 145 6 150 0 2.1 644 2.1 680 2.3 2.0 885 121 8 126 0 122 5 21 16 16 2.2 687 r 4.9 397 454 437 ' 1, 550 ' 1,384 ' 1, 162 970 709 756 613 906 890 1 459 1 300 1,090 30 2 9 2 6 2.1 2.1 170.3 1,206 246 1 1 290 234 2 1,190 226 5 1,022 200 1 22 24 24 23 20 16 29 38 34 32 44 41 27 43 42 24 40 39 22 35 35 20 29 28 58 2.1 22 2.0 18 2.0 800 153 0 20 19 20 20 19 20 17 25 23 28 30 25 26 32 29 26 32 26 4 5 5 3 5 9 22 28 26 26 27 24 4 7 20 25 25 52 5 2 53 72 90 80 7 8 74 4 16 2.6 13 14 19 16 2.3 10 16 7 18 9 20 4 0 6 18 3.4 11 19 3.6 12 24 5 21 5 18 48 6 23 11 17 4 3 4 1 34 2 8 4 420 22 865 8,342 14, 523 4 464 23 681 9,003 14, 678 4 510 24* 390 10, 076 14 314 4 668 24 495 10, 121 15, 374 2. 1 31 31 FINANCE BANKING Open market paper outstanding, end of period: Bankers' acceptances mil. $ Commercial and finance co. paper, total do Placed through dealers _ do Placed directly (finance paper) do Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.: Total, end of period mil. $ Farm mortgage loans: Federal land banks . do Loans to cooperatives do Other loans and discounts do Bank debits to demand deposit accounts, except interbank and U.S. Government accounts, annual rates, seasonally adjusted: Total (233 SMSA's)O bil $ New York SMSA do Total 232 SMSA's (except N.Y.) 6 other leading SMSA's 1_ . 226 other SMSA's . do do do 4 317 16 635 4,901 11,634 4 428 20 497 7,201 13, 296 4 359 18 417 5,761 12,656 4 286 18 798 5,822 12, 976 4 330 19 746 6,270 13, 476 4 418 20 734 7,091 13,643 4 327 20 264 7,737 12, 527 4 20 7 13 420 839 592 247 4 389 22 220 7,758 14, 462 4 428 20 497 7,201 13,296 4 370 21 813 7,873 13, 940 10 848 11 748 11, 598 11 730 11 830 11 809 11 722 11 734 11 677 11 748 11 907 Ul 946 5 923 1 482 4 193 5 973 1 454 4 302 6 004 1 454 4 372 6 033 1 450 4 326 6 064 1,479 4 179 6 094 1 551 4 090 6 107 1 583 3 987 6 126 1 577 4 044 5 609 1 506 3 733 6 126 1 577 4 044 6 169 1 630 4 108 6 226 1 680 14 040 4,880 12 324 U2 344 U2 514 6 317 1 663 4 344 6 412 1*648 14 284 6 484 1 614 14 416 6 661 5 2, 921. 2 8 002 2 7 614 0 7 948 5 8 163 0 8 521 8 8 368 4 8 599 8 8 540 1 8 752 9 8 733 3 8 832 8 8 723 3 8 883 9 9 147 6 3, 635. 2 3, 370. 6 3, 595. 0 3, 726. 1 4, 079. 6 3, 857. 8 3^ 953. 7 3, 925. 9 4, 076. 8 3 896 7 3 929 8 3 882 8 3 902 0 4, 097. 6 3, 740. 3 1, 471. 8 2 268 5 4, 367. 0 4, 243. 4 4, 353. 5 4, 436. 9 4,442.2 4, 510. 6 4, 646. 1 4, 614. 2 4, 676. 1 4, 836. 6 4, 903. 0 4, 840. 5 4 981.9 5, 050. 0 1, 765. 5 1, 722. 0 1, 771. 0 1, 807. 9 1,825.2 1, 840. 2 1 904 9 1, 904. 1 1, 902. 4 2 007 7 2 047 4 1 974 3 2 028 9 2, 083. 2 2 601 5 9 521 4 2 582 5 2 629 0 2 617 0 2 670 4 2 741 2 2 710 1 2 773 7 2 828 9 2 855 6 2 g66 2 2 953 0 2 966 8 Federal Reserve banks, condition, end of period: Assets, total 9 ..mil. $__ 75, 330 78,972 74, 736 75, 510 76, 296 75, 592 77,388 77,215 78, 977 78, 972 77,635 77,849 78, 772 82,213 ' 80, 753 80, 516 Reserve bank credit outstanding, total 9 -do Discounts and advances do U.S. Government securities do 51,948 141 49, 112 56, 614 188 52, 937 53, 436 1,026 50. 625 54, 610 305 52,230 54,880 736 52, 397 55, 461 529 53,044 54, 707 390 53, 279 55, 919 179 53, 329 55, 697 471 53, 350 56, 614 188 52, 937 55, 892 862 52, 127 55, 857 744 52, 275 55,419 1,148 52, 405 58,108 ' 56, 891 55, 511 1,049 2,532 ' 1, 832 53, 113 53, 759 54, 095 do 11 481 10 026 10 026 10 025 10 025 10 026 10, 026 10 026 10 026 10 026 10 025 10 025 10 025 10 023 Liabilities, total 9 Gold certificate account do 75 330 78 972 74 736 75 510 76 296 75 592 77 388 77 215 78 977 78 972 77 635 77 349 78 772 82 213 ' 80 753 80 516 Deposits, total do 22 920 20, 999 23 473 21, 807 23 217 21, 334 23 196 21, 462 23 496 21, 702 23 314 21, 808 22 949 21, 233 23 935 22, 316 23 667 22, 533 23 473 21, 807 24 295 23, 124 23 909 22, 801 23 289 21,588 25 882 ' 25 405 22 714 24, 344 r 23, 705 20, 750 Federal Reserve notes in circulation do 42, 369 45, 510 42, 137 42,534 42, 857 43, 179 43, 273 43,472 44,481 45, 510 44, 170 43, 992 44, 232 44, 196 ' Revised. " Preliminary. 1 Beginning Feb. 1969, data for indicated month exclude loans by Federal Intermediate Credit Banks outside the Farm Credit Adm. system now reported quarterly only. AAdjusted to new benchmarks and seasonal factors; see note '%" p. S-13. 10 022 44, 811 10 027 45, 299 d" Insured unemployment as % of average covered employment in a 12-month period. 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. 9 Includes data not shown separately. SURVEY OF CURRENT BUSINESS July 1969 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1969 1968 1968 End of year S-17 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. 26,653 26,393 260 427 -167 26,785 26,461 324 569 -245 27,221 26,766 455 c 765 e -310 28,063 27,846 217 697 -480 27, 291 27,063 228 824 -596 26, 754 26, 537 217 918 -701 Apr. May June FINANCE—Continued BANKING- Continued All member banks of Federal Reserve System, averages of daily figures: Reserves held, total _ _ mil. $ i 25, 260 i 27, 221 25, 505 25, 713 t 24, 915 i 26, 766 25, 085 25, 362 Required - -_do 1345 1455 351 Excess do 420 1238 i <765 Borrowings from Federal Reserve banks. _ _ do 692 746 Free reserves do 1107 i '-310 -341 -326 Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.: Deposits: 88,930 76, 132 76, 163 Demand, adjustedcf mil. $ 81, 848 Demand, total 9 do 127, 277 144, 295 115,107 123,430 Individuals, partnerships, an dcorp do 92, 380 102, 818 83, 859 87, 998 State and local governments do 7,675 6,202 5,946 6,231 3,437 U.S. Government do _ 3,818 3,107 2,793 Domestic commercial banks . _ do_. 19,064 13, 135 15,838 15, 752 Time, total 9 do Individuals, partnerships, and corp.: Savings do Other time _ . d o 102, 921 112, 103 48, 864 38, 273 49, 161 45,013 Loans (adjusted), total d* do__. 143, 951 Commercial and industrial do 66, 201 For purchasing or carrying securities. _ do 8,340 To nonbank financial institutions do_ _ . 10,415 Real estate loans. _ do 29, 126 Other loans do 37,702 161, 824 73, 988 9,533 11, 866 32, 051 40,882 Investments, total -do 61,818 U.S. Government securities, total do._ 28, 371 22,322 Notes and bonds ._ do Other securities _ do 33, 447 Commercial bank credit (last Wed. of mo., except for June 30 and Dec. 31 call dates) , seas. adj.:f 346. 5 Total loans and in vestments© bil. $__ 225.4 LoansO do 59.7 U.S. Government securities. do 61.4 Other securities do Money and interest rates: § Bank rates on short-term business loans: t In 35 centers. .percent per annum . . 25.99 2 New York City .. do 5. 72 26.34 7 other northeast centers do 8 north central centers do 25.96 2 5. 96 7 southeast centers .. do 2 6.06 8 southwest centers do 26.09 4 west coast centers do Discount rate (N.Y.F.R. Bank), end of year or month percent-4.50 Federal intermediate credit bank loans do 25.88 2 Federal land bank loans do 6.02 Home mortgage rates (conventional 1st mortgages) :t New home purchase (U.S. avg.) percent 26.33 26.40 Existing home purchase (U.S. avg.) do Open market rates, New York City: Bankers' acceptances (prime, 90 days) do 34.75 Commercial paper (prime, 4-6 months)__do 35.10 Finance Co. paper placed directly ,3-6 mo.do 34.89 Stock Exchange call loans, going rate do 35.66 Yield on U.S. Government securities (taxable): 3-month bills (rate on new issue) percent .. 3 34. 321 3-5 year issues. _ _ do 5.07 CONSUMER CREDIT (Short- and Intermediate-term) Total outstanding, end of year or month J _ _ _ mil. $.. 102, 132 113, 191 Installment credit, total Automobile paper Other consumer goods paper Repair and modernization loans Personal loans By type of holder: Financial institutions, total 26,001 25,702 299 525 -226 26, 077 25. 694 383 515 -132 78,839 76, 793 78,029 122, 373 117,004 127, 364 87, 330 84,929 88, 412 6,247 6,366 5,516 3,774 5,485 3,055 14, 582 13, 635 16, 216 48,470 39, 295 48, 597 39, 993 48,274 41, 972 48,269 43,042 48, 512 44,023 27, 079 '27,903 27, 288 26, 927 r 27, 603 26, 976 152 '300 312 996 ' 1, 402 1,408 '-1,102 -844 -1, 096 79, 134 78, 963 88, 930 81, 120 79, 826 81, 891 79, 374 77,040 123,574 125, 007 144, 295 127, 002 124, 747 128, 683 134, 765 127, 254 88, 655 91,495 102, 818 90,113 89, 131 93, 164 92,700 89, 414 6,272 6,257 6,270 7,675 6,318 6,175 6,175 7,005 3,882 2,003 4,112 5,434 1,429 3,437 3,990 6,946 14, 896 15, 596 19,064 14,596 14, 915 16, 259 16, 315 16, 239 104,171 104,105 106,411 108, 259 109, 359 110, 771 111,937 112, 103 110, 030 48, 522 45,106 48,672 45, 926 49, 161 45, 013 48, 340 44, 416 109,211 108, 387 106, 949 106, 188 48,335 44, 201 48, 650 43, 419 47,737 42, 908 47, 691 42, 511 143,633 148,694 66,902 69,041 6,736 7,689 9,616 10,557 29, 982 30,364 37, 777 39, 038 149,812 148, 615 153, 411 151, 926 68, 996 68,008 69, 553 69,702 8,839 8,751 10, 245 8,296 10, 340 9,789 10, 587 10, 240 30, 575 30, 866 31, 197 31, 469 38, 284 38,670 40, 137 39, 482 154,023 161, 824 156, 682 157, 587 159, 640 162, 397 '161,978 71, 178 73,988 72, 896 73, 727 75, 269 ' 76,659 76, 636 7,025 7,233 7,390 7,234 7,697 9,533 6,927 10, 287 11,866 10, 401 10, 535 10,709 11, 349 ' 10,811 31,773 32, 051 32, 220 32, 472 32, 627 32, 877 33, 022 40, 453 40, 882 42, 745 42, 727 42, 949 ' 42,065 ' 42,916 68, 347 29, 354 24,040 38, 993 61, 136 26, 476 23, 942 34,694 60,083 25, 275 23, 382 34, 808 62, 131 27, 070 23, 253 35,060 64, 129 27, 781 24, 401 36, 348 66, 239 28, 602 24, 701 37, 637 68, 051 30,099 24, 770 37, 952 66, 525 28, 231 24, 480 38, 294 68, 347 29, 354 24,040 38, 993 65,861 27, 656 23, 649 38,205 63, 193 25, 146 22, 851 38,047 64, 066 26, 073 22, 552 37, 993 63, 169 24, 791 22,500 38, 378 60, 758 23,077 21, 803 37, 681 384.6 251.6 61.5 71.5 357.3 232.6 61.0 63.6 357.8 233.5 60.4 63.9 365.9 238.4 63.1 64.4 370.4 241.1 63.9 65.5 374.6 243.6 64.0 67.0 379.4 246.7 64.2 68.5 381.6 250.4 61.0 70.2 384.6 251.6 61.5 71.5 385.9 253.7 60.8 71.4 387.9 258.4 58.1 71.5 386.8 257.5 57.4 71.9 389.9 260.6 57.6 71.7 390.8 263.3 56.0 71.5 390.4 263.1 55.9 71.4 7.86 7.66 8.18 7.89 7.66 7.87 7.83 2 6.68 26.45 27.01 2 6. 72 26.50 2 6. 66 2 6.64 6.84 6.60 7.19 6.89 6.61 6.87 6.76 5.50 2 6. 41 26.85 5.50 6.37 6.75 5.50 6.47 6.92 5.50 6.57 6.96 5.25 6.61 6.96 5.25 6.61 6.96 5.25 6.59 6.96 5.25 6.54 6.96 5.50 6.53 6.97 5.50 6.54 6.98 5.50 6.64 5.50 6.70 6.00 6.72 6.00 6.84 6.00 26.83 26.90 6.69 6.81 6.88 6.97 7.04 7.10 7.10 7.12 7.10 7.11 7.09 7.09 7.07 7.07 7.09 7.09 7.16 7.18 7.26 7.28 7.32 7.35 7.47 7.46 7.50 7.54 7.61 7.63 35.75 3 5. 90 35.69 6.33 6.04 6.18 5.99 6.50 5.96 6.25 6.04 6.50 5.85 6.19 6.02 6.50 5.66 5.88 5.74 ft 50 5.63 5.82 5.61 6.50 5.79 5.80 5.59 6.50' 5.97 5.92 5.75 6.25 6.20 6.17 5.86 6.50 6.46 6.53 6.14 6.97 6.47 6.62 6.33 7.00 6.66 6.82 6.38 7.26 6.86 7.04 6.38 7.50 7.38 7.35 6.54 7.50 7.99 8.23 7.25 8.31 3 5. 339 35.59 5.621 5.95 5.544 5.71 5.382 5.44 5.095 5.32 5.202 5.30 5.334 5.42 5.492 5.47 5.916 5.99 6.177 6.04 6.156 6.16 6.080 6.33 6.150 6.15 6.077 6.33 6.493 6.64 6.89 6.67 7.16 6 96 6.74 6.86 6.86 7.32 7.13 7.59 7.41 7.01 7.25 '7.35 6.61 6.40 6.95 6.69 6.44 6.48 6.62 103,411 104,620 105,680 107,090 107,636 108,643 110,035 113, 191 112, 117 111, 569 111,950 113, 231 114, 750 do do do ...do do 80, 926 30, 724 22, 395 3,789 24, 018 89, 890 34, 130 24, 899 3,925 26, 936 82, 312 31, 818 22, Oil 3,746 24, 737 83,433 32,364 22, 248 3,769 25, 052 84, 448 32, 874 22, 452 3,808 25, 314 85, 684 33, 325 22, 777 3,857 25, 725 86, 184 33, 336 22, 988 3,881 25, 979 87, 058 33, 698 23, 248 3,910 26, 202 87, 953 33, 925 23, 668 3,931 26,429 89, 890 34, 130 24, 899 3,925 26, 936 89, 492 34, 013 24, 682 3,886 26,911 89, 380 34, 053 24,404 3,875 27,048 89, 672 34, 262 24, 306 3,874 27, 230 90, 663 34, 733 24, 399 3,903 27, 628 91, 813 35,230 24, 636 3,964 27, 983 ._ do 69, 490 32, 700 16, 838 8,972 8,103 2,877 11,436 285 21, 206 8,428 7,340 1,088 6,968 1,029 5.810 77, 457 36, 952 18, 219 10, 178 8,913 3,195 12, 433 320 23, 301 9,138 7,975 1,163 7,755 1,305 6.408 71, 560 34, 079 17, 010 9,271 8,175 3,025 10, 752 298 21,099 8,663 7,526 1,137 6,276 1,022 6.160 72, 610 34, 585 17, 239 9,461 8,302 3,023 10, 823 303 21, 187 8,674 7,546 1,128 6,368 1,090 6,145 73, 573 35, 103 17, 448 9,574 8,397 3,051 10, 875 308 21, 232 8,695 7,565 1,130 6,457 1,160 6,080 74, 690 35, 672 17, 670 9,739 8,490 3,119 10, 994 313 21, 406 8,774 7,627 1,147 6,574 1,245 6,058 75, 114 35, 923 17,680 9,851 8,530 3,130 11, 070 313 21, 452 8,868 7,719 1,149 6,550 1,267 6.034 75, 871 36, 352 17,823 9,962 8,588 3,146 11, 187 317 21, 585 8,943 7,794 1,149 6,692 1,268 5.950 76, 446 36, 560 17,960 10,049 8,685 3,192 11, 507 319 22, 082 9,024 7,857 1,167 6,964 1,294 6.094 77, 457 36, 952 18, 219 10, 178 8,913 3,195 12, 433 320 23,301 9,138 7,975 1,163 7,755 1,305 6,408 77, 360 37, 005 18, 175 10, 101 8,879 3,200 12, 132 319 22, 625 9,038 7,878 1,160 7,097 1,334 6.490 77, 577 37, 056 18, 219 10, 153 8,896 3,253 11,803 319 22, 189 9,050 7,877 1,173 6,403 1,316 6.736 78,006 37, 257 18, 253 10, 294 8,927 3,275 11, 666 320 22, 278 9,139 7,961 1,178 6,340 1,303 6.799 79, 062 37, 854 18, 418 10,508 9,008 3,274 11, 601 325 22, 568 9,216 8,040 1,176 6, 557 1,320 6.795 80, 155 38, 347 18, 636 10, 699 9,080 3,393 11, 658 329 22, 937 9,218 8,017 1,201 6,971 1,362 6,748 Sales finance companies do Credit unions. _ _ ._. . do Consumer finance companies _do___ Other do Retail outlets, total do Automobile dealers do Noninstallment credit , total do Single-payment loans, total do Commercial banks do Other financial institutions do Charge accounts, total do Credit cards do Service credit . . do ' Revised. * Corrected. 2 i Average for Dec. Average for year. 3 Daily average. cfFor demand deposits, the term "adjusted" denotes demand deposits other than domestic commercial interbank and U.S. Government, less cash items in process of collection; for loans, exclusive of loans to domestic commercial banks and after deduction of valuation reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves). O - 69 - S3 Digitized 353-833 for FRASER 26,069 25,694 375 565 -190 9Includes data not shown separately. tRe vised monthly data for commercial bank credit for 1948-June 1967 appear on p. 44 of the Sept. 1968 SURVEY; those for consumer credit for 1956-67 appear in the Dec. 1968 Federal Reserve Bulletin; and those for 1965-66 for home mortgage rates will be shown later. ©Adjusted to exclude interbank loans. §For bond yields, see p. S-20. jBeginning Feb. 1967, series revised to cover 35 centers and exclude rates for certain loans formerly included (see May 1967 Federal Reserve Bulletin). SURVEY OF CURRENT BUSINESS S-18 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 1968 May Annual July 1969 June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FINANCE—Continued CONSUMER CREDIT^— Continued Installment credit extended and repaid: Unadjusted: Extended total Automobile paper Other consumer goods paper All other ., mil. $ do do. __ do 84,693 26, 667 26, 952 31, 074 97, 053 31, 424 30, 593 35, 036 8,377 2,853 2,520 3,004 8,115 2,735 2,441 2,939 8,738 2,974 2,631 3,133 8,502 2,774 2,531 3,197 7,682 2,354 2,462 2,866 8,687 2,917 2,752 3,018 8,166 2,546 2,739 2,881 9,568 2,489 3,608 3,471 7,557 2,369 2,449 3,739 6,971 2,344 1,985 2,642 8,132 2,750 2,423 2,959 9,024 3,023 2,668 3,333 8,960 2,985 2,760 3,215 Repaid, total Automobile paper Other consumer goods paper All other . _ do. _ do do_ _ ..do 81, 306 26,499 25, 535 29, 272 88,089 28, 018 28, 089 31, 982 7,393 2,366 2,350 2,677 6994 2,189 2,204 2,601 7,723 2,464 2,427 2,832 7,266 2,323 2,206 2,737 7,182 2,343 2,251 2,588 7,813 2,555 2,492 2,766 7,271 2,319 2,319 2,633 7,631 2,284 2,377 2,970 7,955 2,486 2,666 2,803 7,083 2,304 2,263 2,516 7,840 2,541 2,521 2,778 8,033 2, 552 2,575 2,906 7,810 2,488 2,523 2,799 Seasonally adjusted: Extended, total ._ Automobile paper Other consumer goods paper ._ All other _ _.do__ _ do _ _ do do 8,033 2,590 2,535 2,908 8,003 2,570 2,536 2,897 8,247 2,673 2,622 2,952 8,187 2,684 2,483 3,020 8,416 2,783 2,560 3,073 8,533 2,782 2,645 3,106 8,288 2,681 2,640 2,967 8,277 2,592 2,656 3,029 8,371 2,661 2,654 3,056 8,414 2,716 2,598 3,100 8,381 2,730 2,625 3,026 8,720 2,772 2,763 3,185 8,680 2,757 2,767 3,156 _ __ _ do _.do do. _ _ __do 7,301 2 327 2,312 2,662 7,287 2 289 2,324 2,674 7,390 2.352 2,374 2,664 7,253 2 327 2,209 2,717 7,701 2 482 2,428 2,791 7,586 2 391 2,451 2,744 7,454 2,363 2,388 2,703 7,502 2,357 2,422 2,723 7,730 2,467 2,442 2,821 7,616 2,468 2,352 2,796 7,735 2,501 2,461 2,773 7,960 2,519 2,569 2,872 7,834 2,488 2,507 2,839 18, 753 10, 716 12, 737 16, 029 16, 553 15, 070 2,726 -5, 837 -2, 332 15, 820 14, 465 1,355 15, 845 15, 798 47 -207 -55 -286 2,518 -6, 122 -2, 387 71 1.427 37 84 Repaid, total_ _ _ . Automobile paper Other consumer goods paper All other __ FEDERAL GOVERNMENT FINANCE Budget receipts, expenditures, and net lending: 1 Expenditure account: 1 Receipts (net) mil. $ 149,562 i 153,676 Expenditure (excl. net lending) do U53.299 i 172,806 Expend, acct. surplus or deficit (— ) do i -3,736 1-19,130 Loan account: Net lending do 1-5,053 i -6,057 Budget surplus or deficit (—) do '-8,790 i-25,187 Budgetfinancing:1 Borrowing from the public do i 2, 838 i 23, 100 Reduction in cash balances do i 2, 087 i 5, 952 Total, budget financing . . do i 8, 790 i 25, 187 Gross amount of debt outstanding^ - - - do i 341,348 i 369,768 Held by the public do i 267,531 i 290,631 Budget receipts by source and outlays by agency: M Receipts (net) total mil $ i 149,562 i 153,676 Individual income taxes (net) _ _• do i 61, 526 i 68, 726 Corporation income taxes (net) _ . .do i 33, 971 1 28, 665 Social insurance taxes and contributions (net) mil. $ i 33, 347 i 34, 620 Other do i 20, 718 i 21, 666 Expenditures and net lending, total 9 do i 158,352 i 178,862 Agriculture Department do i 5, 841 i 7,308 Defense Department, military do i 67, 453 i 77,373 Health, Education, and Welfare Department mil. $.. 1 34, 608 i 40,576 Treasury Department do » 13, 059 i 14,655 National Aeronautics and Space Adm... do i 5, 423 i 4,721 Veterans Administration do i 6, 845 i 6,858 Receipts and expenditures (national income and product accounts basis), qtrly. totals seas. adj. at annual rates:J Federal Government receipts, total bil. $ Personal tax and nontax receipts ...do Corporate profit tax accruals do Indirect business tax and nontax accruals-do Contributions for social insurance do Federal Government expenditures, total do Purchases of goods and services do National defense do Transfer payments _. do _ _ . Grants-in-aid to State and local govts do Net interest paid _. do Subsidies less current surplus of government enterprises. bil. $ r 11, 736 14, 949 -3,214 19, 566 11, 651 13, 203 14, 880 13, 903 16, 165 4,687 -2, 254 -2,963 -848 -4,062 -1,112 3,575 2,785 1,277 4,062 373,175 294,373 -3,742 4,059 2,839 -4, 528 3,125 -686 167 -1,493 313 2,010 2,997 3,073 2,566 3,152 -2, 518 -3,575 6,122 2,387 369, 768 373,355 378,017 372.615 375,365 375, 120 290, 631 294,690 297,529 293,001 296,126 295, 441 -2 -1,912 -485 -50 7,625 -2,418 -373 -144 418 -2,456 -1,485 1,626 -1,887 -3,586 1,494 -5, 169 3,903 2,031 2,159 -1,710 1,912 -7, 625 2,418 144 -1,427 -84 371, 267 373, 618 373, 165 373,854 372, 216 373, 677 291, 855 293, 481 291, 595 292,012 289, 557 288, 072 19, 566 7,584 7,307 11, 651 5,013 2,175 13, 203 6,360 538 18, 753 9,199 5,000 10, 716 5,299 1,278 12, 737 6,483 559 15, 820 6,397 5,159 15, 845 10, 222 1,603 14, 590 7,287 682 13,727 3,999 4,965 23, 596 12,106 5,323 13,346 4,760 806 5,177 2,105 15, 798 567 6,894 2,792 1,883 15, 991 197 7,268 2,411 2,052 14, 217 626 5,461 4,449 1,856 16, 355 1,286 6,440 2,651 1,904 16, 235 1,685 6,408 2,256 1,883 16, 839 1,267 6,768 3,659 2,035 15, 124 781 6,336 2,118 2,147 14, 394 675 6,702 2,176 1,844 15, 761 808 6,568 4,880 1,742 14, 734 395 6,227 2,865 1,898 15,639 447 6,543 3,881 2,286 15, 972 610 6,682 5,748 2,031 15, 764 344 6,480 3,458 1,343 425 610 4,571 1,396 450 575 3,527 1,345 277 590 3,771 1,360 434 599 3,764 1,351 342 622 3,790 1, 254 393 597 3,830 1,441 334 617 3,776 1,416 353 623 3,830 1,373 347 632 3,849 1,422 335 649 4,007 1,511 385 712 4,169 1,506 353 692 4,054 1,470 367 684 151. 1 '67.5 '30.6 '16.3 '36.7 ' 176. 3 '79.5 '38.3 '18.0 '40.5 ' 170. 8 '74.7 '38.1 '17.9 '40.1 ' 181. 4 83.7 '38.4 '18.3 '40.9 r '163.8 '90.7 72.4 '42.2 '15.9 10.3 ' 181. 5 '99.5 '78.0 47.8 '18.3 '11.6 ' 180. 3 '99.0 '77.9 '47.6 '18.2 '11.4 ' 184. 2 '100.9 '78.8 48.7 '18.4 '11.7 ' 187 4 ' 101. 9 '79 3 ' 50.0 ' 19 0 ' 12.2 '4 7 '4.2 4 1 ' -5.2 '-9.5 Institute of Life Insurance: Assets, total, all U.S. life insurance companies J bil. $_. 2 177. 36 Bonds (book value), total do 2 75. 42 Stocks (book value), total do 2 10. 79 Mortgage loans, total . . . . do _.2 67. 52 N on farm do 2 61. 95 Real estate. do 25.19 Policy loans and premium notes do 210.06 Cash. do 2 1.56 Other assets _ do 26.83 2 187. 70 2 79. 18 213.00 2 69. 75 263.90 25.60 2 11. 30 21.60 27.28 .do 23, 596 13,346 15, 922 15, 279 7,674 -1, 933 11, 736 3,814 639 '-12.7 Surplus or deficit (— ) -313 -189 -2,566 -3,152 14,590 13, 727 14,361 15, 637 230 -1,910 '4.6 -2.8 187. 3 '87.4 39.8 ••18.5 '41 7 ' 198. 1 '93.3 '40 7 '18.5 '45.6 96.1 18.6 46.3 190.5 100.6 78.7 52.2 20.0 13.0 ' 189 0 ' 101. 6 '79 0 ' 50.8 ' 19 5 ' 12.5 r4 4 '4 6 ' -.1 '9.1 4.6 LIFE INSURANCE 181. 23 77.42 9.59 68.34 62.63 5.34 10.60 1.17 8.78 182. 11 77.59 9.75 68.51 62.78 5.37 10.73 1.24 8.92 183.09 78.14 9.94 68.71 62.97 5.42 10.81 1.40 8.68 183.84 78.34 10.04 68.91 63.15 5.47 10.92 1.35 8.79 184. 75 78.51 10.17 69.02 63.25 5.50 11.03 1.45 9.07 185. 70 78.98 10.34 69.21 63.43 5.51 11.12 1.46 9.08 186. 89 79.32 10.51 69.41 63.63 5.54 11.20 1.45 9.47 187. 70 79.06 10.83 70.07 64.27 5.57 11.28 1.67 9.21 188.97 79.95 11.07 70.20 64.44 5.62 11.40 1.42 9.31 189. 92 80.51 11.28 70.36 64.58 5.64 11.52 1.42 9.20 190.83 80.74 11.48 70.48 64.69 5.67 11.70 1.38 9.38 191. 36 80.72 11.62 70.66 64.86 5.65 11.90 1.35 9.45 192. 13 80.90 11.79 70.82 64.99 5.68 12.09 1.32 9.52 Payments to policyholders and beneficiaries in U.S., total . mil. $ 13, 293. 6 14, 385. 0 1, 177. 9 1, 127. 2 1,120.5 1, 198. 8 1, 162. 3 1, 247. 2 1, 087. 3 1, 506. 9 1, 293. 9 1, 206. 8 1, 363. 7 1, 270. 5 1, 240. 5 Death benefits _ do 498. 6 499.2 547.0 5, 665. 3 6, 209. 3 476.4 507.3 616.3 525.8 466.1 541.2 562.2 547.8 589.0 560.7 Matured endowments do 75.0 967.2 84.1 74.9 76.7 75.4 81.3 1, 017. 1 75.5 84.6 79.2 80.1 89.5 83.9 87.5 Disability payments do 15.4 15.6 16.2 16.0 195.6 174.6 18.6 15.9 15.5 15.0 18.7 16.8 17.0 18.5 16.6 Annuity payments do 113.2 117.2 117.3 118.7 112.1 117.0 127.1 1, 261. 3 1, 401. 0 122.8 123.8 110.8 151.4 127.8 127.6 Surrender values do 201.4 2, 243. 1 2, 456. 4 218.5 194.4 200.5 186.5 206.4 240.0 204.7 218.6 215.7 232.2 221.8 238.7 Policy dividends. do 259.4 2. 932. 2 3, 155. 5 216.1 242.4 212.3 226.8 229.1 282.4 257.5 543.0 219.3 272.7 225.7 249.5 r Revised. 1 Data shown in 1967 and 1968 annual columns are for fiscal years ending June 230 of the respective years; revised monthly data for July 1967-Mar. 1968 will be shown later. Annual statement values. d" See note " J" on p. S-17. TTables showing cash transactions and administrative budget receipts and expenditures have been discontinued. Data shown in the indicated sections are from the monthly U.S. Treasury Statement and are on the basis of budget concepts adopted Jan. 1968. 9 Includes data for items not shown separately. t Revisions for 1st qtr. 1966-lst qtr. 1968 for receipts and expenditures (natl. income and product accts. basis) are shown on p. 30 of the July 1969 Survey; those for Apr. 1966-Apr. 1968 for assets of all life insurance companies will be shown later. SUKVEY OF CURRENT BUSINESS July 1960 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1968 1968 Annual S-19 May June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 16, 276 9,859 5,853 564 10, 586 8,094 1,992 500 11, 149 8,439 2,191 519 13, 360 9,798 2,971 591 13,947 9,632 3,770 545 12, 436 9,602 2,240 594 June FINANCE—Continued LIFE INSURANCE— Continued Life Insurance Agency Management Association:! Insurance written (new paid-for insurance): Value, estimated total mil. $ i 140,868 i'150,742 12, 342 94,694 ' 104, 523 9,214 Ordinary (incl. mass-marketed ord.)t-- do i 39, 118 i 39, 591 2,521 Groupt do Industrial _ do 6,628 7,056 607 Premiums collected: 1,512 Total life insurance premiums do 18, 052 17, 017 1,146 13, 510 Ordinary (incl mass-marketed ord )f do 12, 822 266 Groupt do 2,843 3,201 1,352 1,341 100 Industrial _ . _ do__ MONETARY STATISTICS Gold and silver: Gold: Monetary stock, U.S. (end of period) _._mil. $_. Net release from earmark§ do "Exports thous $ Imports do Production world total mil $ South Africa do Canada do United States do Silver: Exports thous. $__ Imports do Price at New York __dol. per fine oz Production: Canada thous fine oz Mexico do United States do Currency in circulation (end of period) bil. $__ Money supply and related data (avg. of daily fig.) : t Unadjusted for seasonal variation: Total money supply bil. $ Currency outside banks do Demand deposits do Time deposits adjusted! do U.S. Government demand deposits _ __ do Adjusted for seasonal variation: Total monev supply do Currency outside banks. do Demand deposits do Time deposits adjusted^ do Turnover of demand deposits except interbank and U.S. Govt., annual rates, seas, adjusted: Total (233 SM S A *s) O_ -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 PROFITS AND DIVIDENDS (QTRLY.) Manufacturing corps. (Fed. Trade and SEC): Net profit after taxes all industries mil $ Food and kindred products do Textile mill products do Lumber and wood products (except furniture) mil $ Paper and allied products do Chemicals and allied products do Petroleum refining do Stone, clay, and glass products do Primary nonferrous metal do Primary iron and steel do Fabricated metal products (except ordnance, machinery and transport equip ) mil $ Machinery (except electrical) do Elec machinery equip and supplies do Transportation equipment (except motor vehicles, etc ) mil $ Motor vehicles and equipment do All other manufacturing industries do Dividends paid (cash) all industries do Electric utilities, profits after taxes (Federal Reserve) t mil $ SECURITIES ISSUED Securities and Exchange Commission: Estimated gross proceeds, total By type of security: Bonds and notes, total Corporate Common stock Preferred stock By type of issuer: Corporate, total 9 Manufacturing Extractive (mining) _ Publicutility 11,982 10, 367 187 -86 1,005,199 839, 160 32, 547 226, 262 2pj 410 0 1,068. 7 1, 088. 0 103.7 94.1 53 4 13,546 U5,695 8,882 9,831 3,162 i 6, 278 553 535 11, 282 8,395 2,333 554 11, 325 8,409 2,387 529 12, 189 8,448 3,217 524 11, 126 8,138 2,457 531 1,431 1,083 252 96 1,510 1,119 291 101 1,514 1,129 285 100 1,429 1,072 258 99 1,567 1,192 276 99 1,425 1,084 246 95 1,833 1,243 340 249 1,519 1,165 252 102 1,493 1,137 263 93 1,560 1,181 283 96 1,555 1,170 289 95 1,531 1,161 275 96 10, 384 10,367 413 -31 254 300, 630 19, 153 16, 094 10, 367 -49 9,199 59,648 10,367 -76 458 13,361 10, 367 170 11,732 18, 365 10, 367 36 11, 484 20, 770 10,367 92 370 16, 128 10, 367 -7 478 15, 824 10,367 -66 0 14, 292 10, 367 -28 202 15,005 10, 367 -16 192 22, 837 10, 367 48 613 24, 956 10,367 91 358 17, 156 93.1 8.4 91.5 7.5 90.5 7.4 91.5 7.7 93.7 8.3 92.4 7.7 87.9 7.5 83.5 7.7 83.4 7.8 86.7 7.1 89.1 7.6 89.3 7.3 90.0 100, 710 '250,204 '18, 645 80, 178 -•141,071 13, 423 2.145 2.377 1.550 41, 149 13, 019 2.464 35, 673 16, 543 2.314 17, 207 10,844 2.195 18,806 13,421 2.208 20, 990 14, 182 1.973 11,884 11, 547 2.018 21, 529 10, 496 1.959 8,653 6,719 1.979 17,648 8,244 1.840 10, 417 9,086 '1.826 12,424 9,450 1.778 27, 930 9,406 1.761 49.6 50.4 45, 390 41,200 37,168 51.0 3,807 2,826 2,841 47.2 3,559 4,419 4,233 47.6 4,536 2,379 3,282 48.0 4,564 3,300 4,196 48.4 3,372 4,175 4,092 48.3 4,616 2,869 4,327 48.7 3,596 3,289 4,368 50.0 3,251 3,807 4,762 51.0 3,176 3,211 5,529 49.0 4,723 49.0 5,233 49.5 176.4 39.4 137.0 173.3 5.1 187.6 42.0 145.5 192. 2 5.6 182.5 41.3 141.1 188.4 6.4 185.6 41.9 143.6 188.6 5.4 187.2 42.4 144.8 190.8 5.7 186.9 42.7 144.2 194.4 5.5 188.6 42.7 145.8 196.2 5.9 190.6 42.9 147.7 199.1 6.1 193.4 43.7 149.7 200.7 4.2 199.2 44.3 154.9 202.5 4.8 199.5 43.5 155.9 202.1 4.7 192.4 43.4 149.0 201.6 6.6 192.6 43.8 148.8 202.0 4.5 196.7 ' 191. 6 43.9 '44.3 152.8 ' 147. 3 200.9 201.6 8.8 5.1 193.4 44.8 148.6 199.6 5.8 186.1 41.6 144.5 187.6 187.4 42.0 145.4 188.2 189.4 42.2 147.2 190.4 190.3 42.6 147.6 193.8 189.5 42.7 146.7 196.6 190.2 42.8 147.4 199.5 191.9 43.2 148.7 201.9 193.1 43.4 149.6 204.3 193.7 43.6 150.1 202.5 193.8 43.9 149.9 201.0 194.0 44.2 149.8 201.0 195.7 ' 195. 2 44.2 '44.6 151.5 ' 150. 7 200.8 200.1 195.3 44.9 150.4 199.2 61.0 129.5 43.0 58.8 36.1 62.4 131.4 43.4 59.5 36.6 64.3 140.3 43.7 59.9 37.0 65.2 147.7 43.7 60.8 36.5 64.7 144.7 43.8 61.3 36.7 66.3 143.1 45.6 64.4 37.7 66.5 144.6 44.9 63.0 37.4 65.9 147.7 44.5 61.1 37.5 64.9 137.0 46.1 66.3 37.7 67.8 145.4 47.4 67.8 39.1 65.8 143.1 46.1 64.5 38.9 65.9 138.2 46,8 66,1 39.2 56.7 120.8 40.1 53.4 34.5 62.9 136.5 43.4 59.7 36.6 29, 008 2,130 540 32,069 2,209 654 8,286 521 167 7,635 590 180 8,718 597 178 7,929 506 138 333 796 3,261 5,497 672 1,061 1,165 635 889 3,525 5,794 769 1,149 1,186 173 239 904 1,400 240 306 413 179 211 852 1 442 254 269 177 170 246 891 1,461 196 349 262 201 225 886 1,468 107 321 293 1,316 2,893 2,297 1,320 2,947 2,518 356 796 581 349 745 605 347 765 760 310 697 625 809 2,356 3,884 13, 262 1,025 3,222 4,229 14, 189 285 957 949 3, 538 237 396 1 150 3 262 265 1,007 1 224 4 064 274 855 1,019 3,606 '2,908 3,002 641 764 733 68, 514 65, 562 4,913 9,759 3,819 6,111 3,294 3,812 4,284 4,087 3,514 5,736 9,363 1,037 303 93 3,421 1,159 397 1 5,587 1,604 499 25 2,828 1,301 425 41 3,330 1,572 464 19 3,825 1,616 393 67 3,278 1,237 736 72 2,759 1,344 657 98 4,931 1,902 737 68 do do do do 1.645 37, 206 3 37, 939 30, 354 47.2 7,402 4,598 4,541 65, 670 60, 979 1,566 2,025 21^954 1,771 17, 383 249 361 286 1,959 3,946 51 24 •^ 885 637 86 ,\ 2,411 do 1.866 2,143 21, 966 24, 798 do 563 767 843 11,058 6,979 do 18 35 594 587 27 do___ 557 507 239 4,935 5,281 0 20 246 28 286 Communication _ do 104 239 1,979 239 1,766 Financial and real estate do 332 201 2,433 348 2,820 ' Revised. p Preliminary. 1 Includes coverage on Federal employees of $8.3 bil. in Dec. 1967 and $3.4 bil. in Nov. 1968. 2 Estimated; excludes U.S.S.R., other Eastern Euro3 pean countries, China Mainland, and North Korea. Includes revisions not distributed to the months. t Revisions for Jan. 1966^Mar. 1968 for insurance written, for Jan.-July 1967 for premiums collected, and for 1966-67 for electric utilities profits will be shown later; those for money supply for 1963-Apr. 1967 are in the June 1968 Federal Reserve Bulletin. f Beginning Oct. mil. $. _ 10, 367 7,702 4,984 68.7 146.6 48.0 67.3 39.7 2,045 2,098 2,707 2,075 2,055 1,767 2,129 1,432 1,557 515 491 513 403 421 651 640 362 453 110 260 168 150 74 104 66 21 70 739 404 315 627 443 319 674 446 475 21 44 26 13 9 11 50 39 5 44 232 56 186 115 163 41 156 95 555 274 272 232 522 234 249 142 197 1968 SURVEY, mass-marketed ordinary, formerly combined with group is included under ordinary insurance; monthly data available on new basis beginning Jan. 1965. & Or increase in earmarked gold (-). U Time deposits at all commercial banks 9ther than those due to domestic commercial banks and the U.S. Govt. O Total SMSA's include some cities and counties not designated as SMSA's. d" Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los Angeles-Long Beach. 9 Includes data not shown separately. SURVEY OF CURRENT BUSINESS S-20 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS | 1968 Annual July 1969 1968 May June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 3 982 430 2,260 1 527 379 1,037 1 758 377 1,138 2 209 427 1,244 2 041 443 974 1 416 382 520 3 029 412 1,627 May June FINANCE—Continued SECURITIES ISSUED-Continued Securities and Exchange Commission— Continued Estimated gross proceeds— Continued By type of issuer— Continued Noncorporate, total 9 - .mil. $. U.S. Government do_._ State and municipal 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 _.. 43, 716 19, 431 14, 288 43, 596 18, 025 16, 374 5,836 3,805 1,134 2,573 383 1,360 2 770 417 1,422 8 326 5 850 1,666 2,262 361 1,423 do_.. 24,409 1,829 2,367 2,097 1,397 1,513 do_.. ..-do. _ _do_. do. _ _ _ do 22, 230 16, 154 6,076 312 1,867 1,647 1,102 546 4 177 1,944 1,263 681 33 389 1, 985 1,143 841 6 106 1,074 744 330 3 320 1,281 912 370 15 216 do do 14 288 8,025 1 134 972 1 360 422 1 422 673 1 666 835 1 423 459 2 260 856 1 037 975 1 138 576 1 244 640 974 837 520 783 1,002 i 9, 790 » 3, 717 850 8 268 3 064 868 8 728 3 293 977 8 861 3,269 885 8 489 2,984 964 8 723 3 126 1 024 8 859 3 407 1 064 9 029 3,419 1 002 9 790 3 717 1 054 1 056 9 107 9 148 3 597 r 3, 647 1 063 8 318 3 294 965 8 044 3 077 988 8 474 3 084 81 8 100.5 76 4 93.4 75 3 92 7 75 6 92 8 76 1 95 2 78 1 95.9 78 4 93.9 77 0 92.7 75 7 91.2 73 0 88.5 72 5 88 0 72 1 86 4 71 0 83 7 70 1 84 2 70 2 82 3 CO Q 76.55 72.33 70.89 72.58 73.99 74.48 73.95 72.44 71.27 68.47 67.61 66.55 64.90 67.73 66.68 64.84 6, 087. 43 5, 669. 52 549 78 5 393. 60 5, 458. 55 520 63 445 94 429 15 388 82 375 37 364. 07 343 50 397 77 397 81 522 32 533 78 501 27 474 36 586 72 555 81 498 22 517 50 399 88 409 00 388 20 426 23 406 63 446 13 422 34 5, 428. 00 4, 401. 94 4, 862. 48 4, 447. 68 394 65 404. 34 336 37 335 50 313 26 317 38 286. 17 277. 57 304 64 323. 61 406 30 430 97 395 10 383. 79 448. 22 456. 37 389 95 409 21 303 99 319 45 306 40 345 57 320 97 360 38 299 98 333 90 New York Stock Exchange, exclusive of some stopped sales, face value, total mil. $._ 3,955.54 3, 814. 24 346. 53 276. 51 269. 07 252. 18 305. 18 363. 54 343.20 387. 20 344. 56 289. 19 280. 23 325. 13 289. 74 State and municipal issues (Bond Buyer): Long-term. Short-term.. . _. 16 374 8,659 1 627 r 1 088 r 905 1 292 684 1 061 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) mil $ do do. 1 791 7, 948 2, 763 1 1 1 Bonds Prices: Standard & Poor's Corporation: Industrial, utility, and railroad (A A A issues): Composited1 dol per $100 bond Domestic municipal (15 bonds) . do U.S. Treasury bonds, taxable^ do Sales: Total, excl. U.S. Government bonds (SEC): All registered exchanges: Market value mil $ Face value. . do New York Stock Exchange: Market value _ do Face value do Yields: Domestic corporate (Moody's) By rating: Aaa__ Aa _. A _ Baa . By group: Industrials . . Public utilities Railroads Domestic municipal: Bond Buyer (20 bonds) Standard & Poor's Corp. (15 bonds) K1 300.46 percent 2 5.82 6.51 6 60 6 63 6 57 6.37 6 35 6 43 6 56 6 80 6 89 6 93 7 11 7 17 7 10 7 27 do do do do 2 5.51 5 66 5.86 6.23 6.18 6 38 6.54 6.94 6 6 6 7 6 6 6 7 6 6 6 6 24 45 60 98 6.02 6 25 6 38 6.82 5 6 6 6 6 6 6 6 6 6 6 7 6 6 6 7 6 6 6 7 6 6 6 7 6 6 7 7 6 7 7 7 6 6 7 7 6 7 7 7 5.74 5 81 5.89 6.41 6 49 6.77 6 49 6 60 6 87 6 54 6 60 6 88 6 50 6 53 6 82 6.26 6 30 6 72 6 24 6 27 6 70 6 34 6 39 6 72 6 47 6 58 6 78 6 72 6 85 6 97 6 78 7 02 6 98 6 82 7 05 6 98 7 02 7 23 7 16 7 07 7 26 7 25 7 Ic 7 oo 7 27 7 37 do do 3 96 3.98 4 47 4.51 4 64 4 56 4 48 4 56 4 11 4 36 4 38 4 31 4 36 4 47 4 56 4 56 4 64 4 68 4 85 4 91 4 91 4 95 5 04 5 10 5 25 5 34 5 10 5 29 5 60 5 47 5 68 5 83 do 4.85 5.25 5 40 5 23 5 09 5 04 5 09 5 24 5 36 5 65 5 74 5 86 6 05 5 84 5 85 6 06 8.26 9 03 4.34 4 62 5 35 7.82 8.53 9 24 4 50 4 55 5 82 8.62 8.47 9 18 4 48 4 52 5 78 8.08 8.47 9 18 4 48 4 55 5 78 8.08 8.49 9 20 4 50 4 55 5 78 8.08 8.52 9 23 4 50 4 55 5 78 9.00 8.52 9 23 4 55 4 55 5 89 9.00 8.56 9 25 4 55 4 55 5 89 9.24 8.78 9 55 4 56 4 62 6 09 9.86 8.78 9 57 4 58 4 52 6 14 9.86 8.86 9 67 4 58 4 62 6 14 9.86 8.90 9 72 4 58 4 62 6 14 9.86 8.91 9 73 4 59 4 62 6 23 9.86 8.93 9 77 4 gg 4 62 6 23 9.86 8.95 9 78 4 61 4 CO 6 07 9.86 9.03 246.54 290. 05 101 87 95 91 '264.62 315 86 98 37 101 00 262. 95 318 40 92 08 264. 13 314 45 99 76 100 77 266. 57 317 73 99 25 101 90 275. 62 328 32 98 50 109 77 277.91 329 50 98 83 109 53 289. 86 343 13 107 33 115 ig 276. 28 326 90 104 04 111 24 273. 42 321 13 106 49 114 38 262. 20 309 17 101 51 106 17 271. 57 324 26 99 88 104 88 277. 63 330 61 99 64 102 33 277. 23 330 32 1Q9 93 268. 14 320 51 100 10 105 57 3.35 3 11 4.26 4 82 3 87 3.47 '3.23 2 93 4 58 4 55 3 43 3.21 3.22 2 88 4 87 4 42 3 63 3.38 3.16 2 86 4 48 4 31 3 30 2.71 3.21 2 93 4 51 4 52 3 17 2.85 3.20 2 90 4 53 4 47 3 24 3.00 '3.09 2 81 4 62 4 15 3 28 2.66 '3.08 2 81 4 60 4 15 3 01 2.69 '3.03 2 78 4 25 4 oi 3 07 2.83 '3.18 2 93 4 40 4 15 3 43 2.76 3.33 3 01 4 30 4 04 3 21 2.85 '3.24 3 14 4 51 4 3") 3 54 3.02 '3.28 3 00 4 60 4 41 3 42 3.25 3.22 2 96 4 61 4 51 3 49 3.27 3.23 2 96 4 62 4 CQ 3 70 3.18 do do do U.S. Treasury bonds, taxableO... _ _ . AVJ 78 6 2 27 48 62 03 28 50 65 07 97 23 39 79 09 32 47 84 19 45 59 01 45 66 85 23 59 73 93 32 66 77 97 30 85 95 13 51 89 02 21 54 79 96 12 52 6 99 98 12 28 70 7 16 Stocks Dividend rates, prices, yields, and earnings, common stocks (Moody's): Dividends per share, annual rate, composite dollars.. Industrials. do Public utilities . do Railroads do N.Y. banks do Fire insurance companies do Price per share, end of inc., composite Industrials _ Public utilities. Railroads __ Yields, composite Industrials _ Public utilities ... Railroads N.Y. banks _ _ _ Fire insurance companies do do do do percent.. do do do do do Earnings per share (indust., qtrly. at ann. rate; pub. util. and RR., for 12 mo. ending each qtr.) : Industrials dollars Public utilities do Railroads do 17.62 18. 33 6.70 6.67 7.51 6.88 r Revised. 1 End of year. 2 Beginning Dec. 18,1967, Aaa railroad bonds not included. 9 Includes data not shown separately. cf Number of bonds represented fluctuates; the change in the number does not affect the 15.76 6.67 6.74 15.78 6.73 7.17 20.17 6.70 7.51 4 fii 4 fifi 6 07 9.86 264. 58 01 c oq QQ R1 (\4 CO 100 84 Q9 4.0 ' 17 68 6 74 7.93 continuity of the series. 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. 3.41 3 1 9, 4. R» c f\A 0 Q-l 3.62 SURVEY OF CURRENT BUSINESS July 1969 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 1968 May Annual S-21 June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FINANCE—Continued SECURITY MARKETS— Continued Stocks— Con tinued Dividend yields, preferred stocks, 10 high-grade (Standard & Poor's Corp.) percent-Prices: Dow-Jones averages (65 stocks) Industrial (30 stocks) Public utility (15 stocks) Railroad (20 stocks) Standard & Poor's Corporation :c? Industrial, public utility , and railroad: Combined index (500 stocks) 1941-43=10.. 5.34 5.78 5.92 5.90 5.74 5.59 5.63 5.76 5.82 5.93 5.93 5.94 6.09 6.14 6.20 6.33 314. 79 879. 12 132. 65 242. 38 322. 19 906.00 130. 02 250. 09 318. 17 905. 22 122. 72 246.85 327. 12 906. 82 127.66 262. 95 327. 41 905. 32 133. 11 259. 95 318. 15 883.72 131. 15 249. 52 329. 15 922. 80 130. 80 258.53 340.25 955. 47 130. 40 270. 41 344. 39 964.12 137. 57 270. 51 347. 57 968. 39 138. 26 275. 36 337.64 934. 99 135. 62 268. 78 337. 85 931. 29 136. 89 269. 75 322. 11 916. 52 130. 90 245. 26 320. 24 927. 38 129. 14 238. 01 325.88 954.86 130.83 238. 15 305. 86 896.61 124.48 221.99 91.93 98.70 97.87 100. 53 100.30 98.11 101. 34 103. 76 105.40 106.48 102.04 101.46 99.30 101. 26 104.62 99.14 99.18 96.96 79.18 68.10 46.72 107. 49 105. 77 86.33 66.42 48.84 107. 02 106.86 87.75 62.92 48.00 109.73 110. 65 89.04 65.21 51.72 109. 16 108. 12 88.38 67.55 51.01 106. 77 104. 92 85.73 66.60 48.80 110. 53 107. 57 88.46 66.77 51.11 113. 29 108. 48 91.36 66.93 54.26 114. 77 109.75 92.04 70.59 53.74 116. 01 111. 44 91.91 70.54 55.19 110. 97 106.56 87.69 68.65 54.11 110. 15 105. 47 87.93 69.24 54.78 108. 20 103. 76 86.69 66.07 50.46 110.68 105 54 88.21 65.63 49.53 114. 53 108.66 91.57 66.91 49.97 108. 59 102. 68 88.12 63.29 46.43 Banks: New York City (9 stocks) do... Outside New York City (16 stocks)..,. do. ... 36.40 66.46 44.69 81.71 42.19 76.43 43.72 79.66 48.58 85.91 47.38 84.74 46.99 84.59 49.65 89.83 52.46 98.15 50.99 99.19 49.49 92.57 49.52 94.50 46.10 90.89 47.04 93.39 46.69 92.78 43.55 85.81 Fire and casualty insurance (16 stocks).. _ do 62.29 73.64 59.23 72.52 78.11 78.11 82.97 96.19 95.35 98.30 95.51 96.80 88.29 86.47 86.04 79.17 50.77 51.97 53.51 45.43 49.82 55.37 58.00 50.58 44 19 65.85 54.85 58.04 49.92 42.07 60.43 56.64 59.83 52.86 43.30 64.60 56.41 59.12 51.59 44.69 68.90 55.04 57.59 49.01 44.09 68.19 56.80 59.57 51.94 44.53 71.77 58.32 61.07 55.24 45.22 77.50 59.44 61.97 55.96 47.18 79.55 60.32 63.21 57.30 46.73 79.00 57.82 60 32 56. 3o 45.64 75.58 57.33 59.61 56.18 45.98 75.26 55.69 58.30 51.52 44.06 70.60 56.61 59.41 50.88 44.34 72.38 58.50 61.50 50.46 45.75 75.10 55.20 58.07 47.70 43.39 68.62 196 358 5 312 20 012 568 18 582 510 16, 529 444 14,038 376 13,735 38S 18,560 479 16, 165 412 18,864 508 17, 957 515 15,085 407 13, 128 366 13, 810 379 18, 104 502 144, 978 3,299 14, 341 333 13,548 305 12, 373 283 10, 493 244 9,868 231 13, 727 305 11, 979 261 13,844 314 13,056 305 11, 007 247 9,755 237 10, 094 239 13,081 305 2,932 292 257 243 194 228 272 252 268 267 210 199 237 257 235 692. 34 13, 196 631. 82 12, 158 641.04 12,330 628.88 12, 440 640. 17 12, 626 668.36 12, 714 676. 18 12, 891 716. 40 13,042 692. 34 13, 196 689.24 13, 326 654.51 13,448 672. 59 13, 657 691. 07 13, 806 693. 14 14, 050 650.50 14, 400 12 m 3 9 1 7Q 1 Industrial, total (425 stocks) 9 _ Capital goods (130 stocks) Consumers' goods (181 stocks) Public utility (55 stocks) Railroad (20 stocks) do do__. do do do New York Stock Exchange common stock indexes: Composite 12/31/65=50.. Industrial _ do Transportation... do Utility.. . do Finance . do Sales: Total on all registered exchanges (SEC): Market value mil $ 161 746 Shares sold millions 4 504 On New York Stock Exchange: 125, 329 Market value _ mil. $ 2,886 Shares sold (cleared or settled) millions New York Stock Exchange: Exclusive of odd-lot and stopped stock sales (sales effected) millions.. 2,530 Shares listed, N.Y. Stock Exchange, end of period: Market value, all listed shares bil. $ Number of shares listed millions 605. 82 11, 622 FOREIGN TRADE OF THE UNITED STATES FOREIGN TRADE Value o 7«M Q Excl. Dept. of Defense shipments By geographic regions: Africa Asia _ . _ Australia and Oceania Europe Northern North America Southern North America South America . .do . . . ... . By leading countries: Africa: United Arab Republic (Egypt). Republic of South Africa Asia; Australia and Oceania: Australia, including New Guinea.. India do do do do do do do-_. do do 30, 934. 4 134,087.4 2,962.4 n QC7 o 3 002 7 f) 700 a O IQr 0 0 AQC C 3 418 0 3 565 9 3 594 8 2,784.1 2,675.8 2,803.5 2,959.5 2,735.1 3,135.9 3,047.5 '2,056.7 2, 144. 7 3, 366. 7 3, 506. 9 3, 543. 3 9 S"»Q ft 9 Q4.Q 3 3 224 7 2 634 1 9 Q74. *\ 9 Q7Q 9 19 flQ^l ^ 2 296 7 3 196 0 3 354 7 3 291.8 144.7 145.8 126.4 48.7 767.9 804.4 718.5 400.4 90 0 36.8 702.8 1, 182. 3 1, 179. 7 1, 237. 3 836.3 794.3 788.9 687.3 247.2 243.9 243.0 179.2 271.4 275.1 265.7 123.8 94.2 109.6 543.4 690.0 80.8 78.5 879.9 1, 016. 0 94.6 142.2 702.8 i 410. 9 77.2 i 52. 3 996.5 i 657. 7 661.2 213.0 256.4 769.5 211.7 184.0 791.5 221. 3 277.4 702.3 1 687. 6 236.1 1 158. 9 265.5 1 101. 8 2.2 43.3 3.3 36.3 11.1 36.3 3.1 43.1 3.9 32.9 11.4 119.9 1.0 24.0 3.5 49.1 8.3 52.7 5.3 43.8 59.6 43.7 18 6 4.3 81.8 52.1 24 2 4.5 99 } 79.3 40.6 66.9 51.0 33 2 3! 8 66.4 62.7 28 6 4.2 147.2 118.7 i86 11.8 29.9 11.7 38 1.9 86.5 48.9 19 4 4.1 107.6 57.5 17.9 6.1 76.8 60.3 13.2 3.9 1, 182. 3 7, 146. 3 1, 017. 4 10, 297. 7 1, 269. 5 7, 579. 6 1, 025. 9 11,151.3 117.7 600.9 96.0 961.0 108.2 618.8 74.0 863.3 110.3 100.1 115.8 609.8 586.4 628. 1 92. 5 73.3 98.6 880.6 1,000.3 1,011.6 7, 165. 9 2, 362. 7 2, 354. 0 8,059.8 2, 585. 0 2, 742. 2 735.9 224.4 232.2 637.4 220.5 209.0 594.1 214.7 250.3 565.9 212.6 249.1 66.0 426.4 48.4 455.2 6.9 44.5 6.9 34.2 3.4 36.5 895.4 955.4 874.9 717.6 on-i Q 67.9 51.3 25 0 3.8 Malaysia do 49.2 53.6 83.0 50.9 17 6 3.8 3.9 67.3 33.9 28 5 3.7 Indonesia Philippines Japan do do do 68.4 430.4 2, 695. 0 169.2 436 3 2, 949. 8 15.4 49.0 235.0 11.8 38.4 228.3 8.5 34.0 230.3 9.9 36.6 247.4 12.5 40.5 249.9 12.6 24.3 223.7 23.3 32.3 276.7 18.7 23.5 28.8 120.6 274.9 U93.2 4.6 22.9 211.7 10.0 45.6 285.7 16.8 41.7 300.0 19.6 39.3 293.1 do do do... 1, 024. 5 26 3 1, 705. 7 1,077.7 29 2 1, 711. 8 100.6 2.4 150.6 79.2 1.6 137.1 81.7 .5 134.4 82.2 3.7 162.2 84.7 2.9 158.5 79.6 1.3 133.1 102.2 3.4 142.3 95.7 4.0 160.0 158.5 1.2 191.2 76.7 1.2 101.5 123.9 2.5 178.5 124.6 2.1 182.2 124.6 2.1 243.5 do do 972.8 1, 119. 6 57.5 60.3 1 959 6 2 179 7 94.0 3.8 183 2 103.3 4.3 170 8 103.3 4.6 162 9 99.3 6.9 182 5 88.2 2.2 201 ^ 86.6 2.4 204 9 93.4 6.9 223 6 100.6 6.0 186 0 158.0 14.1 1 162 3 78.3 5.5 125.3 114.1 10.0 229.3 103.7 8.4 208.8 130.2 10.8 231.5 Europe: France East Germany West Germany Italv Union of Soviet Socialist Republics do do 047 o North and South America: 637.3 735.9 594.1 Canada __ _ mil. $ 7. 164. 7 8. 058. 3 r Revised. i Beginning Jan. 1969, data cover shipments of silver ore, base bullion (incl. sweepings, waste, and scrap), and refined bullion, formerly excluded. The 1968 annuals, and monthly data beginning Jan. 1968, for total exports and imports only have been restated to 836.3 794.3 788.8 687.3 791.5 702.3 i 687. 6 565.9 769.4 661.2 reflect the revised coverage. ^Number of stocks represents number currently used; the change in number does not affect continuity of the series. 9 Includes data not shown separately. July 1969 SUEVEY OF CURRENT BUSINESS S-22 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1969 1968 1968 May Annual June Aug. July Jan. Dec. Nov. Sept. I Oct. Mar. Feb. May Apr. 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— Continued Argentina Bra/il Chile Colombia Mexico Venezuela Exports of U S merchandise total Excluding military grant-aid Agricultural products, total Nonagricultural products total do do do do do do do do do do By commodity groups and principal commodities: Food and live animals 9 mil $ Meats and preparations (incl poultry) do Grains and cereal preparations do 4 123 5 230.1 547.2 248 1 217.9 1 221.6 587.2 4 689 2 281.4 708.6 307 1 319.1 1, 364. 6 655.0 405 9 22.3 55 0 22 8 29.9 123.6 53.5 378 4 16.' 7 53.7 23 1 28.9 121.9 48.5 410 7 25.5 64.7 38 3 28.2 111.4 55.4 404 5 21.8 74.6 29.0 26.8 105.7 54.3 410 5 30.7 65 0 32 4 22.8 97 9 63.5 345 4 18.6 40.3 17.7 26.8 118.3 53.5 4.QC O 41 87 24 29 112 60 3 0 7 7 5 7 35 71 29 25 127 63 7 0 4 3 9 9 i 222 9 1 11.8 122 6 i93 1 10.0 1 101 8 136.2 256 7 17'. 8 26.5 8.8 10.8 102.5 39.1 440 5 40.1 66.3 32.9 23.0 120.7 62.0 450.7 34.1 67.8 28.1 33.3 117.8 68.7 450.6 33.0 62.0 26.9 32.3 120.6 73.2 31 142 1 "34 227 4 2,948 9 2,799 8 2699 6 2,819.2 2 968 7 2,737 9 3 161 9 3 056 0 12 071 5 2 146.8 3, 372. 8 3, 516. 6 3, 550. 2 30 550 2 J33 654 3 2,925 1 2,750.1 2,640 5 2,765.4 2925 5 2,689.3 3 102 0 3 007 0 12 016 8 2 112.4 3, 321. 5 3, 457. 6 3, 498. 6 601.9 583.7 516.9 461.4 489.2 497.6 239.6 463.9 6 379 8 6 228.0 465 8 469 7 177 7 609 5 610 8 24 762 3 127 753 7 2,433 3 2 235 8 2 198 6 2 313.4 2 481 1 2 253 9 2 541 0 2 423 8 il 893 8 1 907 2 2, 855. 9 2, 914. 7 2, 966. 5 4 060 9 151 3 2 677 9 3 889.6 161 6 2 463 1 313.9 10 6 183.3 287.7 10 0 176.5 297.0 10 3 183 4 326.0 15 3 197.9 289 5 16 6 167 0 278.2 15 4 150 4 336 3 21 6 200 4 366 3 16 9 237 8 82 5 76 1 Beverages and tobacco do 648.7 702.5 52.6 55.2 48.5 73.0 88.1 45.6 Crude materials, inedible, exc. fuels 9 Cotton raw excl linters and waste Soybeans, exc. canned or prepared Metal ores concentrates and scrap do do do do 3 279.7 463 8 771 6 519 5 3 494.6 459 4 810.0 i 539 2 302.9 45.1 57.1 50 5 245.3 33.9 52.5 33.5 271.6 43 4 47.5 36 0 264.7 24.4 47.8 44 5 266.0 30 5 38 4 51 2 280.8 17.9 88.2 39 4 Mineral fuels, lubricants, etc. 9 Coal and related products Petroleum and products do do do 1 104 1 501 4 538 6 1 055.6 523 9 460 0 92.8 48.9 39.1 87.0 42.5 38.1 90.4 42 3 41.4 102.4 58.3 39.4 106 5 54 3 46 8 78.2 38 4 34.4 348 22 132 50 6 2 3 6 92 4 46 8 39 7 317 33 101 38 1 2 9 5 129 5 10 8 53 o 350.4 17.3 204.7 362.8 21.7 214.5 12.6 52.2 45.5 74.1 1 2 9 6 298.7 14.8 100.0 40 8 384.4 64.1 94.0 61 0 343.1 41.3 63.1 66.9 73 8 42 4 25 5 61.3 34 0 23.4 76.1 33 5 33.7 95.0 49 1 40 3 110.6 64.3 42.3 139 7 2 i 25 90 7 46 5 40 1 322.9 18.3 174.8 176.8 6 5 31.3 30 3 13 5 1 168.2 12 2 81 1 Animal and vegetable oils fats waxes do 337 9 274 5 20.9 29.3 20.2 20.3 25 0 21.2 20 1 28 5 14 0 15 3 22 2 31 5 25.4 Chemicals do 2 801 6 3 288 9 287.5 260.2 278.8 304.3 334 9 249 3 272 8 276 5 166 6 181 8 300 5 331 0 335.9 Manufactured goods 9 Textiles Iron and steel Nonferrous base metals do do do do 3 391 1 '530 9 561 9 516 8 3 738 6 522 3 610 2 i goo 8 326.0 46.9 46.8 54.0 307.2 40.8 45.0 57.1 298.6 40.1 46.5 56 4 320.6 44.9 47.8 57 8 379 2 51 1 63.3 72 0 313 9 39.1 55.7 55 1 351 46 65 62 332 42 66 54 i 214 9 24 o 34 7 i 34 8 243 9 30 5 38.1 36 6 409 4 60 0 78.3 58 8 406 54 78 63 430.1 56.2 81.0 57.8 Machinery and transport equipment, total mil $ 12 574 1 14 462 0 8 0 1 7 3 711 8 51 5 26 9 95 2 193 3 692 54 28 96 180 6 0 9 6 8 705 9 45.2 28.6 94.6 190.3 734 3 51 8 23.6 98 2 196 5 703 8 49.8 22.0 83 8 199.5 761 54 24 97 199 5 855 6 3*372 3 502 7 999 2 525 4 257 6 426 0 214 9 417. 1 198.0 465 2 284 7 475 6 307.1 622 6 353 0 1 985 4 2 146 3 190 2 168 9 170 2 190.5 181 8 183.5 958 8 929 2 71 2 81 0 70 8 78.0 80 5 87.8 26 812 3 133 251 8 2 840 7 2 754 8 2 661 0 2 791 9 2 827 1 2,749.6 2 725 5 2,870.8 28824 2,953 5 100 594 56 909 83 566 62 786 do do do do do 8 050 6 8 606 4 769 614 7 626 7 58 333 8 338 9 39 1 038 1 1 099 1 99 2 098 2 2 286 0 197 Transport equipment, total Motor vehicles and parts do do 4 523 5 2 733 9 Miscellaneous manufactured articles do Commodities not classified do Northern North America Southern North America South America _ _ _ By leading countries: Africa: United Arab Republic (Egypt) Republic of South Africa Asia; Australia and Oceania: Australia, including New Guinea India. _ _ Pakistan Malaysia Indonesia _ Philippines _. Japan. Europe: France. . .. East Germany West Germany.. Italy Union of Soviet Socialist Republics United Kingdom North and South America: Canada Latin American Republics, total 9 Argentina _ Brazil _ Chile Colombia Mexico Venezuela . r Revised. 1 See note 1, page S-21. 9 Includes data not shown separately. do do do do do do 906 1 1 5 347 9 6 581 5 8 227 5 10 do do do 7 112 3 1 967 8 2 661 1 8 929 3 2 234 7 2 880 2 749 9 205 7 205 1 766 4 170 7 212 7 do do 14 9 225 9 32 8 253 1 2 4 23 2 19 20 2 do do do do do do do 411 8 293 7 54 8 195 6 181 9 380 2 2 998 7 492 312 63 240 174 435 4 056 0 2 9 1 5 1 6 40 22 4 15 16 55 339 do do do do do do 690 2 56 1 955 4 855 6 41 0 1 709 8 842 2 5 9 2 720 2 1 102 0 58 0 2 047 9 246 102 5 178 120 9 913 5 693 5 331 6 8 4 9 6 2 3 4 6 1 272 4 1 237 1 1 118 6 1 123. 0 1 199 4 1 179 4 1 384 4 1 276 9 1 095 6 1 071 2 1 539 6 1 572 9 1, 557. 4 Machinery total 9 Agricultural Metalworking Construction, excav and mining Electrical General imports total Seasonally adjusted By geographic regions: Africa Asia Australia and Oceania Europe 2 0 1 4 7 2 3 l 6 7 2 7 2 5 7 72 2 6 8 3 6 1 4 4 5 1 44 g 27 3 58 18 0 14 4 49 0 315 0 42 7 3 218 87 4 163 5 4 3 9 4 7 3 2 2 590 3 45 0 16.2 67 6 168 7 943 1 63 6 38.3 110 9 249 2 931 2 70 7 28 7 120 6 238 8 941.8 70.0 32.3 117.5 261.2 558 4 318 8 541 2 284 7 481 0 264 1 596 5 351.4 641 6 345 9 615.6 357.3 192 9 174 1 149 5 159 6 241 2 224 0 223.2 69 3 95 6 75 0 56 1 110 0 75 7 87.5 2,938.0 2,738.4 2 806 5 2 885 8 3 028 0 2 924 8 83 604 65 863 93 616 35 917 718 55 21 94 194 554 35 16 57 165 5 3 8 2 4 1 2 1 025 9 2 401 4 2 993 0 3 334 3 3, 236. 5 2,018 1 2 655.3 2 980 7 3 177 2 3, 276. 1 i 39 i 405 i 28 *443 7 g 9 4 9 7 9 0 98 8 653 1 67 1 884 9 76 630 72 836 703 2 187 9 249 2 615.7 179 0 242.3 728.6 175 0 260.7 905.8 172 2 229.4 791 4 171 3 215 2 870 3 201 8 280 4 i 776 7 U92 1 *138. 1 38 17 9 4 6 17 8 16 0 2 7 17 6 2 7 17 6 34 22 2 i25 1 10 8 90 636 61 883 40 24 6 17 18 43 366 0 6 2 0 2 2 4 4 6 0 6 80 652 75 892 56 26 4 18 12 45 402 3 2 5 5 4 2 9 0 42 31 7 30 18 22 379 0 3 1 6 0 5 3 8 81 6 82 9 69 6 224 8 92 7 4 3 183 1 242 8 102 8 33 188 7 226 4 86 7 5 6 6 50 2 25 5 4 5 21 0 12 8 30 5 384 2 61 6 6 191 3 230 94 7 176 2.3 4 4 3 7 8 3 0 2 0 3 2 4 9 52 27 4 22 14 30 363 1 1 9 1 9 0 9 3 9 5 5 65 6 5 231 3 95 4 18 157 8 24 25 7 22 16 40 366 8 6 6 3 96.1 107 3 720.5 770 0 62.1 80 6 020 6 1, 036. 4 776 0 191 0 193 5 844.4 226 7 227.9 882 0 235 2 236 6 878.7 231.9 208.9 2 8 14 3 4 4 25 9 4 5 19 8 24.4 i 22 5 7 1 11 o 2 i20 4 1 17 3 5 i 10 6 5 1 2 15 8 1 i 244 0 24 22 4 28 16 29 294 1 8 5 4 i 36 5 i 5 i 105 8 i 53' 7 *4 6 i 108 6 142 71 2 140 82 5 7 229 98 3 177 100 4 675 7 83 2 833 2 1 74 532 29 603 0 4 9 2 2.5 43.2 28.9 4 7 6 3 0 5 8 59 5 46 2 11 4 27 0 16 3 37 5 367 0 46 36 6 31 20 54 450 47 9 64 2 10 207 2 85 4 4 6 149 0 86.6 82.6 2 5 5 1 263.0 125 8 247.0 124 2 4 4 8 8 6 4 2 9 .7 5.6 192.1 5.3 26.0 16.1 28.4 437.6 .6 3.1 220.4 do 7 106 6 8 925 2 749 9 766 0 702 2 615 3 727 8 905 5 791 3 869 9 i 776 6 775 9 844 1 881 9 878 6 do do do do do do do 3 851 0 140 0 559 0 175 2 240 4 748 9 979 6 4 266 206 669 203 264 893 949 331 0 17 0 45 8 12 9 18 2 87 6 66 3 312 5 14 5 43 5 13 2 19 4 63 1 68 2 368 17 65 12 21 73 86 351 9 9 7 63 3 19 3 30 6 71 8 60 8 367 18 72 22 22 67 76 333 0 13 9 52 9 12 8 19 6 65 5 81 8 326 14 53 11 23 73 70 401 38 54 14 25 79 89 i 247 1 i61 1 14 8 i24 18 6 i 80 7 i 84 3 309 3 10 9 38 6 20 3 14 5 81 4 75 1 371 8 14.3 56 9 11 2 20 1 94 2 70 7 387.5 16.8 55 o 13 2 24 4 93 5 74 8 356.3 12.6 41 4 15.9 17.7 94 9 73 3 2 7 6 1 0 4 6 7 2 5 6 0 8 3 1 3 3 2 0 8 3 0 9 o 7 2 5 0 6 5 5 3 8 3 2 June SURVEY OF CURRENT BUSINESS July 1969 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1968 1968 Annual S-23 May June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FOREIGN TRADE OF THE UNITED STATES—Continued FOREIGN TRADE— Continued Value— Continued General imports— Continued By commodity groups and principal commodities: Agricultural products, total mil. $ 4, 471. 7 5, 057. 2 433.2 Nonagricultural products, total _ __ do '22,340.6 28, 056. 8 2,381.4 386.2 172.1 312.1 437.5 455.0 434.5 385.7 492.6 453.0 422.3 439.5 499.0 2,262.6 2, 374. 5 2,304.6 2,414.3 2,538.4 2, 372. 8 2, 577. 9 1,853.8 2, 089. 3 2, 500. 4 2, 835. 3 2, 783. 5 Food and live animals 9 do Cocoa or cacao beans ._ do Coffee - . do Meats and preparations do Sugar do. Beverages and tobacco do Crude materials, inedible, exc. fuels 9 do Metal ores .do Paper base stocks _ do Textile fibers do Rubber _. _ do 4, 003. 2 4, 577. 4 147.2 136.0 962.7 1, 139. 7 645.0 746.5 588.4 640.1 698.1 786.3 2, 964. 4 3, 297. 4 974.3 958.4 418.3 454.8 305.6 338.4 174.5 • 191.8 396.1 16.6 87.2 52.7 67.2 55.1 296.3 102.2 39.3 31.0 14.2 353.8 13.0 73.6 66.2 58.6 47.6 281.4 88.2 40.4 25.7 11.9 403.3 10.5 111.7 67.2 62.6 54.4 287.0 88.1 36.8 28.1 17.9 403.1 8.8 110.0 68.7 70.7 80.8 288.9 90.3 36.8 24.1 16.3 408.9 7.5 103.1 83.1 55.8 80.1 302.0 99.4 34.2 28.5 23.4 368.2 6.6 74.5 69.5 60.4 67.2 292. 1 85.9 40.4 22.2 14.0 396.8 6.3 95.7 72.5 43.7 61.8 264.3 75.6 37.4 25.2 16.5 396.6 12.2 87.4 49.3 56.9 77.5 287.7 75.9 43.1 25.9 19.9 169.8 1.4 16.1 29.2 6.3 24.6 i 202. 0 157.8 36.7 9.0 10.7 287.1 15.3 49.0 45.4 34.7 28.6 232.3 51.1 40.7 12.2 20.7 439.0 20.5 89.1 96.4 50.9 63.8 307.4 63.0 39.8 28.8 25.4 438.4 10.4 95.8 74.7 66.2 68.1 337.5 81.7 44.7 36.0 23.2 396.7 14.1 71.6 67.1 58.6 89.1 303.8 90.0 39.8 29.6 22.6 Mineral fuels lubricants etc Petroleum and products Animal and vegetable oils and fats Chemicals do do do do 2, 247. 8 2, 528. 6 2, 086. 1 2, 345. 1 122.0 158.2 958.0 1, 134. 7 178.0 162.1 13.4 103.9 202.8 188.2 15.4 81.6 228.5 214.9 17.4 94.7 187.1 174.4 8.5 101.3 220.7 205.8 14.8 95.2 226.6 212.0 12.7 88.6 195.0 179.1 10.3 94.0 234.0 220.7 16.6 102.7 249.1 235.2 6.1 70.3 231.5 209.0 12.5 81.8 226.4 208.6 11.7 111.3 240.7 224.1 11.2 124.9 219.4 198.7 13.6 108.5 Manufactured goods 9 Iron and steel Newsprint Nonferrous metals Textiles do do do do do 6, 384. 3 8, 073. 2 1, 373. 1 2, 046. 4 864.7 862.8 1, 562. 5 1, 933. 2 808.0 962.6 718.9 193.2 77.5 162.3 81.6 647.0 176.8 72.9 147.0 74.1 654.1 172.4 72.0 123.4 82.0 708.7 235.3 67.2 126.3 83.5 666.5 189.2 60.5 134.2 90.1 648.5 170.1 75.7 120.9 81.9 629.3 177.7 69.0 110.7 77.4 662.4 165.9 84.8 121.0 75.8 i 398. 6 64.6 67.7 179.5 45.3 533.1 72.8 71.0 137.6 69.2 653.1 119.2 74.4 135.9 112.9 784.2 187.3 78.5 159.0 107.0 761.5 208.6 74.0 138.7 91.5 Machinery and transport equipment Machinery total 9 Metalworking Electrical do do do do 5, 793. 4 3, 024. 4 203.4 1, 135. 5 7, 991. 1 3, 692. 6 203.9 1, 494. 9 699.4 301.7 16.2 113.8 664.9 283.6 22.0 111.3 630.6 308.7 14.7 133.2 547.6 309.4 18.3 136.1 663.3 322.9 17.6 140.9 788.4 351.8 17.0 160.4 744.3 325.0 11.3 145.5 808.2 356.7 17.4 151.4 612.3 255.5 8.4 118.6 655.9 291. 8 10.2 127.4 766.1 351.2 17.4 137.2 872.0 407.1 18.7 159.1 895.9 398.9 19.8 157.8 do do 2, 769. 1 2, 266. 1 2, 576. 2 1, 065. 1 4,298.5 3,711.6 3, 346. 7 1, 220. 5 384.4 338.9 262.7 103.5 381.4 327.1 261.1 93.0 321.9 276.8 332.5 109.4 238.2 191.1 315.5 97.7 340.3 302.6 312.2 105.7 436.6 370.9 325.3 106.4 419.4 384.4 291.7 107.4 451.4 397.9 301.6 130.2 356.8 307.0 204.4 88.7 364.1 315.0 252.1 86.4 414.9 358.7 316.1 98.2 464.9 408.4 348.3 109. 2 497.0 429.2 335.6 112.4 Transport equipment Automobiles and parts Commodities not classified do Indexes Exports (U.S. mdse., excl. military grant-aid): Quantity 1957 59 100 Value do Unit value do General imports: Quantity do Value do Shipping Weight and Value Waterborne trade: Exports (incl. reexports): Shipping weight thous sh tons Value mil $ General imports: Shipping weight thous sh tons Value mil $ 160 178 111 5173 5195 5 112 173 196 113 170 192 113 179 203 113 p 150 v 173 pl!5 184 190 103 5226 « 235 "104 224 234 104 231 240 104 237 249 105 p 200 r> 211 p 106 187, 426 18, 636 194, 487 19, 358 16, 602 1,684 15, 223 1,520 15,864 1,550 18, 504 1,703 17, 531 1,790 15, 454 1,405 17,764 1,762 18, 116 1,666 9,964 580 9,440 739 14, 081 1,787 17, 422 2,000 256, 814 17, 434 281, 331 21, 121 23, 980 1,823 24, 363 1,686 24,946 1,845 23, 932 1,918 26,304 1,915 26, 042 1,726 21. 554 1,719 25, 373 1,817 20, 680 869 19,909 1,242 20, 826 1,793 24, 724 2,075 132 4 130.9 46.6 9.3 7.0 119.4 119.2 43.1 8.3 6.0 125.2 132.3 48.8 9.6 7.1 137.1 141.8 49.1 10.1 7.4 TRANSPORTATION AND COMMUNICATION TRANSPORTATION Air Carriers Scheduled domestic trunk carriers: Financial operations (qtrly. total): Operating revenues total 9 mil $ Transport total 9 do Passenger do Property do U S mail (excl subsidy) do Operating expenses (incl depreciation) do Net income (after taxes) do Operating results: IVtiles flown (revenue) mil Express and freight ton-miles flown do Mail ton-miles flown do Passengers originated (revenue) do Passenger-miles flown (revenue) bil 4,470 4 431 3,936 111 104 4,057 234 5,091 5 046 4,488 330 129 4 771 126 1 274 5 1 501 7 1°4 3 1 285 9 1 540 1 136 0 44.5 392 5 544 0 111 2 88 99 3 82 0 6.3 71 3 Express Operations (qtrly.) Transportation revenues Express privilege payments. _._ mil. $._ do 423 1 IHA n 381 5 Local Transit Lines Fares, average cash rate Passengers carried (revenue). _ cents mil 22 7 6 616 r 23 6 6 491 1,359 1,346 1,205 84 30 1,232 60 1,287 1 275 1,139 80 31 1,163 61 124 7 126 1 41.8 10.2 7.8 130 6 124. 7 40.8 9.9 7.6 93.4 20 2 Sfi 9 r a 23 5 582 r 23 6 516 127 5 134 8 41. 1 89 6.6 132 1 154 3 48 4 9 2 6 5 125 0 143 5 50.6 85 6.0 91 4. r 23 6 r 23 7 507 507 r 23 g 9 50 132 4 136 2 61.7 99 7.6 84.1 20 9 98.5 93.8 Motor Carriers (Intercity) Carriers of property, class I (qtrly. total): Number of reporting carriers.. 2 i 203 1,271 Operating revenues, total mil". $ 2,369 8 117 Expenses, total... ._. __ do 2,229 7 813 Freight carried (revenue) mil. tons.. 131 473 " Revised. * Preliminary. i See note 1, p. S-21. 2 Number of carriers filing complete reports for the year. 3 A compiled by the Air Transport Association of America from carrier reports to the CAB. 4 Excludes excess baggage revenues. 133 7 136 3 43.7 11 1 8.6 1,281 1 272 1,117 95 37 1,260 —8 99 ^ r 23 8 r 23 8 r 23 9 r 24 0 r 24 0 574 534 527 538 498 r 24. 0 553 r 24. 1 564 24.1 564 1 262 2 457 2 313 134 5 Revised to include trade in silver ore and bullion formerly reported separately; quarterly data do not reflect this change. « Revised fares for 1968 (cents): Feb., 23.3; Apr., 23.5. 9 Includes data not shown separately. July 1969 SURVEY OF CURRENT BUSINESS S-24 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 Annual 1969 1968 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 166.7 164.9 165.7 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 *ame period, 1957-59= 100 Common carriers of general freight, seas. adj. 1957-59=100.. Carriers of passengers, class I (qtrly.): Number of reporting carriers. . Operating revenues total Expenses, total. Passengers carried (revenue) . _. mil. $ do . ..mil . 160.2 175.2 152.8 165.7 i 159 660.2 582.7 220.6 i 159 685.7 604.8 217.4 165 172 7 150 9 55 4 163 210 3 166.4 60.1 159 164 1 150 1 52 5 10, 855 9,750 444 8,579 1,596 680 5 568 2,757 2,482 112 2,131 418 207 174 2,707 2,419 122 2,173 394 140 108 2,781 2,500 106 2,196 401 183 174 « 759. 1 744. 5 1.310 13, 120 194.3 191.5 1.296 3,311 187.0 183.6 1.317 3,696 192 4 188.0 1.330 3,006 174.3 172.6 165.4 171.7 165.1 164.3 166.4 166.6 169.5 165.3 166.4 163.0 Class I Railroads Financial operations (qtrly.): Operating revenues, total 9 _ .mil. $ 10,377 Freight do... 9,141 Passenger. . do 485 Operating expenses . do 8,211 Tax accruals and rents do 1,488 Net railway operating income do 678 Net income (after taxes)— _ do 4319 Operating results: Ton-miles of freight (net), revenue and nonrevenue (qtrly.) bil 731.6 « 719 4 Revenue ton-miles.. do Revenue per ton-mile (qtrly. avg.) cents.. 1.269 Passengers (revenue) carried 1 mile (qtrly.) _. mil. _ 15, 201 Travel Hotels: Average sale per occupied room dollars 10.59 Rooms occupied % of totaL_ 61 Restaurant sales index same mo. 1951=100 115 Foreign travel: U.S. citizens. Arrivals thous 4,387 Departures... _ _ __ . d o 4,334 Aliens: Arrivals. do 2,773 Departures... do 2,358 1,686 Passports issued and renewed . do 39, 538 National parks, visits do Pullman Co. (qtrly.): 1,434 Passenger-miles (revenue) . mil 24.57 Passenger revenues mil. $ COMMUNICATION (QTRLY.) Telephone carriers: 13, 847 Operating revenues 9 . mil. $ Station revenues do . 7,090 Tolls, message __.do 5,170 8,319 Operating expenses (excluding taxes). do Net operating income (after taxes) do. _ . 2,488 90.2 Phones in service, end of period. _ mil Telegraph carriers: Domestic: Operating revenues mil. $ 335. 0 Operating expenses do 291.9 Net operating revenues (before income taxes) 24.2 mil.$._ International: Operating revenues do 132.3 Operating expenses do 101.4 Net operating revenues (before income taxes) mil. $.. 26.2 6 2,741 2,481 103 2,175 423 142 2 53.1 187.4 256.1 2 3 72. 2 257.8 2 3 75. 6 11.35 61 118 11.14 63 134 11.94 63 125 10.63 58 117 11.90 63 116 11.85 63 122 12.31 72 118 12.03 57 110 10.70 47 113 11.80 56 106 11.80 62 119 11.32 63 128 12.80 64 122 12.03 63 138 5,021 4,820 3,084 2,613 1,748 42,392 383 391 244 206 235 2,881 439 559 269 238 214 6,388 533 627 327 260 191 9,273 809 528 357 311 132 9,240 485 367 352 264 693 4,176 371 310 272 250 83 2,725 314 294 218 200 67 1,412 339 354 236 238 75 904 391 354 251 179 104 788 353 363 203 157 122 858 426 424 252 198 167 1,277 460 427 264 212 229 229 1,272 1,151 1,249 ' 1, 160 887.0 991.2 1, 050. 2 rl,083.3 80.0 86 5 r 85 2 76 6 731.8 711 3 768.7 r776 5 149 4 147 7 163 8 156 7 500 9 r 503 5 572 8 r 541 g 21,667 20 827 23 030 r22 808 394.0 380.5 420.1 ' 450. 1 1,190 1, 135. 0 90 0 800 8 159 7 544 1 23 751 449.1 1,002 16.91 244 4.08 279 4.62 207 3.57 15, 068 7,578 5,693 9,020 2,553 95.1 3,700 1,872 1,390 2,191 584 92.2 3,796 1,895 1,447 2,275 643 93.6 3,938 1,960 1,499 2,397 664 95 1 4,022 1,993 1,538 2,404 674 96.4 358.2 309.5 90.7 77 3 89 3 79 7 91.9 77 6 93.5 78.2 29.6 7.5 5.4 10.6 9.7 153.4 116.1 37.0 27.6 39.0 29 1 41.7 32.3 41.3 30.4 30.6 7.9 8.2 7.4 9.0 261.0 267 CHEMICALS AND ALLIED PRODUCTS CHEMICALS Inorganic chemicals, production: Acetylene mil. cu. ft.. Ammonia, synthetic anhydrous ..thous. sh. tons Carbon dioxide, liquid, gas, and solid do... Chlorine, gas (100% C12) do Hydrochloric acid (100% HC1) do Nitric acid (100% HNOs) do Oxygen (high purity) mil. cu. ft.. Phosphoric acid (100% P205) thous. sh. tons.. Sodium carbonate (soda ash), synthetic (58% Na 2 0) thous. sh. tons.. Sodium bichromate and chromate do Sodium hydroxide (100% NaOH) do Sodium silicate, anhydrous thous. sh. tons Sodium sulfate, anhydrous thous. sh. tons Sulfuricacid (100% H2SO4) do 14, 269 12,200.2 1, 085. 3 7, 679. 9 1, 625. 1 6, 264. 6 243, 401 5, 188. 9 4, 848. 9 135.3 7, 923. 7 612.6 1, 364. 0 28, 815. 2 14,877 1,271 1,156 1,219 12, 093. 0 1,163.7 1,028.5 1,031.3 1,047.8 88.0 107.2 89.5 58,428.4 708.4 692.4 701.8 1,735.3 144 8 141.7 138 7 6, 134. 9 517 8 470.4 434.9 248, 250 21,661 21,265 21,077 4, 926. 2 453.8 381.9 326.2 1,174 949.0 92.5 701.2 149 9 488.6 18, 297 406.9 1,275 951.2 88 8 735.4 157 9 496 1 19,345 415.7 1,208 942.0 91.7 722.5 156. 2 487.0 20, 291 403.1 1,263 986.3 85 2 766.1 150 3 550 2 21 316 410.9 4, 552. 6 399.5 383.7 380.0 397.6 383.2 402.1 363.6 396.6 333.1 335.5 385.1 370.2 145.1 12 2 12.4 12 1 12 4 12 0 11 7 11 3 13 7 11 3 13 1 11 1 13 3 8, 799. 4 755.4 727.1 729.1 725.0 736.4 777.2 766.7 792.6 r760.2 721.9 770.8 ••815. 5 632.2 57.1 46.0 62.2 42.8 47.4 47.8 63.8 56.6 61.2 46.3 46.5 62.7 51,471.7 145.2 121.2 115.0 121.4 121.7 129.0 120.7 125.3 130.2 117.8 134.1 133.0 528,382.5 2,541.2 2,278.1 2,161.8 2,282.2 2,294.6 2,365. 0 2,357.0 2, 524. 4 2,317.0 2,238.9 2,405.8 r2,509.7 r Revised. 9 Preliminary. 1 Number of carriers filing complete reports for the year. Preliminary estimate by Association of American Railroads. 3 Data cover 5 weeks; other months, 4 weeks. * Reflects adjustment for extraordinary items. 2 1,224 932.1 105.5 702.6 149.0 463.3 18,960 388.2 383.3 12 1 804.9 63.1 124.0 2, 552. 4 5 Annual total reflects revisions not distributed to the monthly or quarterly data, tive Aug. 26,1968, passports are issued for 5 years; no renewals are made. «Effec- SURVEY OF CURRENT BUSINESS July 1960 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS S-25 1968 1968 Annual May June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June CHEMICALS AND ALLIED PRODUCTS—Continued CHEMICALS— Continued Organic chemicals, production :d" Acetic anhydride Acetylsalicylic acid (aspirin) Creosote oil DDT Ethyl acetate (85%) Formaldehyde (37% HCHO) Glycerin, refined, all grades: Production Stocks, end of period Methanol, synthetic Phthalic anhydride mil. Ib do mil. gal U,556.4 11, 651. 6 31.2 30.5 111.4 i 108.8 103.0 2.2 8.3 107.6 2.4 10.7 141.2 2.3 9.0 142.3 2.1 8.0 142.5 2.6 9.3 137.1 3.1 10.5 139.0 3.0 8.8 152.9 2.8 10.6 141.7 3.5 10.7 140.4 3.1 8.8 145.2 3.4 8.9 147.9 3.5 10.3 mil. Ib do do 102.8 i 138. 0 138.9 i 162. 0 3, 686. 2 14,099.6 11.7 13.6 350.5 12.3 12.8 356.3 12.2 13.0 337.3 12.3 13.3 340.6 10.7 14.5 332.4 18.8 364.6 11.8 330.8 16.0 350.5 13.1 12.3 321.1 13.0 8.9 323.2 10.5 18.9 356.1 12.4 11.0 349.9 353.8 32.6 i 520. 2 715.3 347.0 29.5 580.2 i 748. 3 27.3 32.1 47.5 66.6 26.3 29.3 46.5 65.5 27.5 29.2 48.6 57.1 30.2 28.7 46.1 63.9 28.7 28.4 47.5 59.1 27.0 28.1 50.5 66.2 26.8 26.8 49.4 62 5 30.1 29.5 55.6 67.9 28.4 30.4 51.4 59.8 31.0 31.8 46.5 56.9 27.8 34.4 50.3 64.2 29.4 31.9 51.3 70.6 685.1 218.4 556.1 79.0 708.1 189.2 564.4 80.7 58.2 216.6 48.8 6.9 54.6 215.7 44.7 6.4 59.7 217.4 47.1 6.5 56.5 207.5 49.8 6.6 60.0 201.4 47.0 7.7 70.8 199.5 51.7 9.1 60.3 187.8 47.1 7.6 66.2 189.2 50.6 5.4 67.5 195.5 57.1 6.7 64.4 196.8 52.7 6.0 65.3 192.4 57.8 7.6 56.4 188.5 46.9 7.1 300.1 298.6 4.9 303.5 305.6 2.7 26.3 27.2 3.1 24.0 23.8 3.4 25 3 25.8 2.9 26.7 26.2 3.3 25.2 25.7 2.7 27.6 27.0 3.4 25.3 26.0 2.6 27.2 27.2 2.7 30.7 30.3 3.1 28.3 27.7 3.7 31.0 30.2 4.5 25.3 26.0 3.9 15,294 11,629 11, 025 1,119 18, 956 2,607 13, 584 1,303 1,610 174 1,207 110 1,466 147 1,091 89 1,617 215 1,195 75 1,533 180 1,143 99 1,658 242 1,134 153 1,902 347 1,332 160 1,544 317 1,100 77 1,883 296 1,291 129 961 27 783 107 979 56 771 92 1,304 142 955 69 1,718 162 1,334 109 1,674 261 95 139 177 168 2,711 218 227 131 3,557 205 21 3 223 19 11 1 205 30 11 1 152 25 15 6 111 25 13 5 260 (2) 14 6 275 12 13 254 2 20 15 261 32 19 9 236 o 20 10 268 11 24 24 354 13 45 30 433 19 29 g 396 22 •4,034 4,170 354 281 117 213 329 372 273 280 336 353 560 579 4,695 726 4,149 535 379 497 311 529 257 567 308 578 351 524 358 525 331 516 340 535 360 572 351 590 381 502 ••395 ••369 .4 1, 708. 5 .4 1, 581. 7 Paints, varnish, and lacquer, factory shipments: Total shipments. _ _ mil $ 2, 348. 2 Trade products. do 1, 329. 5 Industrial finishes do ... 1, 018. 7 2, 587. 1 1, 427. 5 1, 159. 6 241.7 141.4 100.3 239.0 139.9 99.2 231 6 140.5 91.1 238.6 141.9 96.6 229.5 127.6 101.9 234 7 119.5 115.3 196 9 92 7 104.2 175.7 83.0 92.7 189. 8 86.2 103.6 207 1 106 1 101.0 229.9 118.8 111.1 245.2 131.9 113.3 8,766 2,790 715 2,028 763 2,142 776 2,293 771 2,466 744 2,619 756 2,690 759 2,775 767 2,790 '742 2,940 r 669 3,006 '743 3,129 717 3,150 i 585. 9 i 624. 7 489.7 i 576. 4 953. 7 1 1,038. 4 i 645. 4 i 741. 4 55.3 51.9 92.3 59.6 51.1 50 6 86 2 55.2 52.6 46 2 72 0 54.1 54.5 47.7 85.2 65.5 51.4 48.9 91.4 68.2 58.5 51 2 101 5 71.9 48.6 49 4 90 6 69.2 46.7 47.8 82.6 70.8 51.4 50.1 87.8 60.3 50.3 52 0 88 9 62 5 52.7 58.8 96.5 70.6 55.8 59 4 96 2 66 9 do do mil. gal mil. Ib 22.2 17.6 ALCOHOL Ethyl alcohol and spirits: Production mil. tax gal Stocks, end of period _ do Used for denaturation _ ..do Taxable withdrawals do Denatured alcohol : Production mil wine gal Consumption (withdrawals) . do Stocks, end of period. __ do 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 (K 2 O) do Superphosphate and other phosphatic fertilizers (100%P205): Production __ thous. sh. tons Stocks, end of period. _ do (2) 381 348 MISCELLANEOUS PRODUCTS Explosives (industrial), shipments, quarterly: Black blasting powder. __ ._ mil. Ib High explosives do Sulfur, native (Frasch) and recovered: Production thous. Ig. tons. _ Stocks (producers'), end of period do . 18,284 1,954 .1 417.5 .1 428.8 .1 404.6 .1 426.6 PLASTICS AND RESIN MATERIALS Production: Therm osetting resins: Alkyd resins Polyester resins . _ . _ Phenolic and other tar acid resins Urea and melamine resins . _ mil. Ib do do do Thermoplastic resins: Cellulose plastic materials do Coumarone-indene and petroleum polymer resins .... . mil. Ib Styrene-type materials (polystyrene) do Vinvl resins (resin content basis) do Polyethylene __ ._ do 1 1 171.9 i 186. 2 14.3 14.2 289. 9 i 332. 6 2, 365. 4 12,719.3 2, 599. 4 12,944.8 3, 761. 9 14539.1 30.9 235.6 250.3 370 0 21 7 229.3 246 7 363 5 1 13.3 28 212 231 362 6 3 7 4 15.7 16.3 24.2 228.1 245.3 381 4 25.0 235.7 254.8 383 7 16.6 30 247 261 399 0 2 5 7 17.5 15.1 18.4 17.2 26 1 243.9 261 0 414 3 32.4 249.7 251.3 422 7 25.5 239.3 254.0 392 8 21 1 247.8 246 6 412 2 17.2 r 28.8 273. 0 281 5 433 4 16.5 27 272 270 437 9 2 4 1 ELECTRIC POWER AND GAS ELECTRIC POWER Production (utility and industrial), total t mil. kw.-hr._ 1,317,301 1,433,001 114, 607 119,340 127, 472 131,905 115,832 119, 354 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 r _do do do 109,167 118, 961 122, 463 109, 110 116, 679 107, 974 91, 254 98, 669 101, 050 88,023 95, 159 85,863 17, 913 20, 292 21, 413 21,087 21, 519 22, 111 986, 227 1,082,382 85, 251 228, 138 244,550 20, 271 < 102, 935 99, 505 3,430 106,069 102,690 3,380 9,084 8,758 327 c Revised. Corrected. 12 Revised annual total; revisions are not distributed to the monthly data. Less than 500 short tons. 118,073 128, 063 131, 591 117, 665 126, 035 117, 115 1,214,365 1,326,932 105, 522 110, 645 118, 870 123, 001 107, 154 110, 288 992, 847 1,104,694 85, 998 91, 708 99,841 104, 856 91,428 93, 636 221, 518 222,238 19, 524 18, 936 19, 029 18, 146 15, 726 16, 652 90, 318 20,326 8,695 8,378 317 97,308 101, 215 21, 582 21, 786 87,884 19, 270 91, 092 19, 196 89, 477 19, 690 96, 672 22,289 99,163 23, 300 87, 944 21, 166 94, 008 22, 670 87, 372 20, 602 8,904 8,657 246 8,677 8,457 220 9,066 8,818 248 8,906 8,644 262 9,102 8,836 266 9,128 8,860 267 8,554 8,290 265 9,356 9,063 293 9,141 8,842 300 8,603 8,338 265 d"Data are reported on the basis of 100 percent content of the specified material unless otherwise indicated. 9 Includes data not shown separately. tRevised monthly data for 1966 will be shown later. SUEVEY OF CURRENT BUSINESS S-26 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS | 1968 1968 May Annual July 1969 June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Mar. Feb. Apr. May June ELECTRIC POWER AND GAS—Continued ELECTRIC POWER— Continued Sales to ultimate customers total (EEI) mil kw -hr 1 107 023 1 202 321 94, 367 Commercial and industrial: 242, 492 1265,151 20, 621 Small light and power§ do 486 043 1518,834 43, 488 Large light and power § do Railways and railroads Residential or domestic Street and highway lighting Other public authorities Interdepartmental do do do do do 4,572 331 525 9 863 29, 426 3 102 14, 540 367,692 UO, 302 132, 162 13, 640 1 351 26, 239 775 2,586 307 97, 169 102, 330 107, 416 106, 260 100, 515 98, 673 103, 027 109, 412 105, 894 105, 614 102, 255 22,064 43, 354 24, 174 43, 055 25, 433 44, 195 24,832 44, 166 22, 762 44, 678 21,510 44, 115 21, 743 44, 146 22, 533 44, 410 22, 009 43, 557 21, 852 44,988 21, 502 45, 344 336 27, 676 750 2,685 304 342 30, 995 746 2,693 324 338 33, 570 796 2,769 315 351 32, 967 842 2,772 331 361 28,687 903 2,787 337 371 28,704 941 2,696 335 436 32,608 998 2,830 268 431 37, 778 995 2,953 312 401 35, 650 925 3,048 303 421 34, 244 905 2,891 314 366 31, 057 850 2,823 313 Revenue from sales to ultimate customers (Edison Flectric Institute) mil $ 17 222 7 18, 579. 9 1, 450. 8 1,514.6 1, 601. 6 1, 670. 7 1, 656. 3 1, 559. 8 1, 524. 0 1, 580. 1 1, 664. 1 1, 624. 1 1, 605. 0 1, 566. 7 GAS Manufactured and mixed gas: Customers end of period total 9 Residential Industrial and commercial thous do do 666 624 41 580 543 36 650 608 40 574 539 35 580 543 36 581 544 36 mil therms do do 1 437 *829 589 1,461 822 615 323 174 144 163 63 98 362 196 159 607 374 222 do 131 4 84*5 45 3 128 8 81.2 45.7 29 3 18.1 10.8 14.8 7.7 7.0 30.7 19.0 11.2 51 3 34.1 16.3 thous do do 39 034 35 836 3 152 39, 894 36, 619 3 227 38, 835 35, 692 3,097 38,962 35,834 3,082 39, 894 36, 619 3,227 39, 974 36, 692 3,234 mil therms do do 133 424 42*811 85 321 144 258 44 546 93, 350 33 077 8,960 22, 594 26, 950 3,821 21,519 36, 586 11,111 23, 864 50 357 21 623 27, 170 Revenue from sales to consumers, total 9 -.mil. $-. 8, 124. 4 4 294 9 Residential do Industrial and commercial do 3, 637. 9 8, 623. 6 4, 450. 3 3, 949. 3 1,911.7 940.4 920.0 1, 339. 9 502.2 787.5 2, 207. 7 1, 126. 8 1,021.2 3, 399. 1 2, 002. 6 1,331.5 Sales to consumers total 9 Residential Industrial and commercial Residential Natural gas: Customers end of period total 9 Residential Industrial and commercial Sales to consumers total 9 Residential Industrial and commercial FOOD AND KINDRED PRODUCTS; TOBACCO ALCOHOLIC BEVERAGES Beer: Production mil. bbl Taxable withdrawals do Stocks, end of period do Distilled spirits (total): Production mil. tax gal Consumption, apparent, for beverage purposes mil wine gal Taxable withdrawals mil. tax gal Stocks end of period do Imports... mil. proof gal _ _ Whisky: Production mil. tax gal Taxable withdrawals do Stocks, end of period do Imports _ __ mil. proof gal- 9.86 9.11 12.54 8.90 8.48 11.56 8.99 7.88 11.91 24.32 22.26 21.24 21.06 19.69 30.94 15.75 944. 52 9.23 34.14 12.85 950. 02 7.90 41.14 11.47 956. 44 8.14 24.31 11.31 962. 90 5.59 24.25 10.87 968.43 4.67 r 17.66 11.07 895. 98 8.13 16.41 8.76 899.65 7.00 15.24 7.31 904.35 7.29 17.01 7.39 911. 26 4.87 10.43 6.37 12.85 8.26 10.40 6.73 8.53 4.87 1.06 .77 6.08 .24 .95 1.06 5.85 .18 1.07 1.28 5.54 .26 1.16 1.26 5.38 .27 2.21 11.22 175. 28 1.55 8.88 14.76 166.67 2.24 72.54 14.76 221.09 2.22 93.68 18.01 290. 02 1.78 3.22 4.66 35.96 ]S5. 32 124.4 199.3 .673 116.5 225.0 .672 100.1 241.7 .674 81.5 224.6 .677 1, 946. 5 1, 281. 6 199.6 139.6 197.1 140.1 175.7 123.1 390.3 344 0 151 8 381.0 318 7 168.2 393.7 341.6 14.8 420.8 370.1 12.9 .521 .548 .553 .549 21.97 21.71 28. 79 r 13. 99 973.27 6.02 28.79 13.35 975 71 6.48 6.67 16.10 7.44 917 26 4.16 17.10 9.22 921. 92 5.37 17.25 8.84 927 80 5.51 5.75 8.67 4.84 8 26 5 17 10.39 6.17 9 74 5 60 1.26 1.27 5.25 .22 1.13 .70 5.60 .18 1.23 1.05 6.23 .13 1.17 .77 6.51 .18 20.75 16.44 286.82 1.54 5.51 16.00 268.30 1.68 3.63 14.95 255. 91 .75 1.12 .56 6.10 10 2 93 15 28 242.63 84 3.75 20.06 224. 83 1.19 126. 37 28.99 16.92 7.15 4 11 4.69 2.16 70.2 196.5 .691 77.7 161.9 .686 77.8 137.4 .680 92.4 117.4 .690 106.3 104.5 .674 95.6 115 1 .673 105.4 121.4 .673 109.5 134.5 .683 161.3 109.6 146.6 94.4 147.1 90.4 137.0 81.1 146.2 87.3 147.3 91.6 138 0 88.0 159.0 101.9 171. 1 113.2 194 8 134.9 444.5 389.2 20.9 451.3 390.5 23.5 447.3 376.0 20.2 415.5 346.4 10.7 398.0 334 5 11.6 381.0 318.7 17.1 357.7 296.4 4.5 328.5 271 1 59 317.8 263 0 10.7 315.7 259.5 12.9 ' 337. 5 '280 7 13 2 .549 .550 .551 .562 .565 .570 .572 .572 .587 .595 .594 211 77 238. 33 25.19 19.32 18.24 14.72 19.36 68.17 345. 49 147. 64 956 44 75.45 29.37 12.59 929. 92 6.00 26.48 12.13 934. 29 5.16 25. 96 10.53 939. 76 4.92 27.47 12.53 938. 82 6.17 27.35 14.29 940. 45 6.80 153. 78 97.02 856 66 59. 70 178. 05 95.27 904 35 66.50 20.55 7.88 883. 24 5.34 14.15 6.97 888 11 4.50 13.85 6.28 893. 66 4.31 9.60 7.63 892. 77 5.37 13.28 9.45 893. 39 5.92 108 26 67 31 110. 54 66.71 9 37 5.77 8.90 5.32 8.30 4.92 8.66 4.99 10.19 8.75 4.30 1.92 12.17 10.29 5.25 2 23 .88 .78 5.85 .20 .87 .74 5.90 .17 .60 .55 5.86 .13 217. 46 175. 27 272. 02 i 17. 46 221, 54 181. 18 268. 30 19.98 3.01 14.05 203. 34 1.93 2.40 14.41 187.63 1.41 do 362. 71 366. 48 3.52 mil. Ib do $ per Ib 1,222. 6 168 6 .675 1,171.7 117.4 .678 mil. Ib do. 1 913 0 1,276 4 Distilling materials produced at wineries q04 58 11.28 10.25 13.36 11.43 10.06 13.37 324 81 148. 20 11.37 10.30 13.31 8.82 7.66 12.33 10.98 9.40 13.00 11.48 10.19 13.17 Rectified spirits and wines, production, total mil proof gal Whisky do Wines and distilling materials: Effervescent wines: Production mil. wine gal. . Taxable withdrawals... _ . _ _ - d o ._ Stocks, end of period do Imports do Still wines: Production do.. _ Taxable withdrawals _ _.. . _ do. Stocks, end of period do... Imports. _ _ _ do 10.10 9.28 12.48 8.46 8.26 11.92 11.37 10.76 12.64 122. 41 112.41 11.56 116. 55 106.97 10.77 12.30 11.58 13.02 1.04 .87 6.51 22 2.92 2.48 15. 89 15.59 211.75 211. 75 1.91 2.34 r 3.00 DAIRY PRODUCTS Butter, creamery: Production (factory) Stocks, cold storage, end of period Price, wholesale, 92-score (N.Y.) Cheese: Production (factory), total American, whole milk_ ._ Stocks, cold storage, end of period do American, whole milk do Imports . _ _ do Price, wholesale, American, single daisies (Chicago) _$ per l b _ _ 1 r Revised. 1 Annual total reflects revisions not distributed to the monthly data. § Data are not wholly comparable on a year to year basis because of changes from one classi- fication to another. 9 Includes data not shown separately. T 117.8 162. 6 .684 .684 .603 SDKVEY OF CURRENT BUSINESS July 1969 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 S-27 1968 1968 Annual May June July Aug. 1969 Sept. Oct. Dec. Nov. Jan. Feb. Mar. Apr. May June FOOD AND KINDRED PRODUCTS; TOBACCO—Continued DAIRY PRODUCTS— Continued Condensed and evaporated milk: Production, case goods: Condensed (sweetened) mil Ib Evaporated (unsweetened) do Stocks, manufacturers', case goods, end of period: Condensed (sweetened) mil Ib Evaporated (unsweetened) do Exports: Condensed (sweetened) do Evaporated (unsweetened) do Price, manufacturers' average selling: Evaporated (unsweetened) $ per case Fluid milk: Production on farms _ ._ mil. Ib Utilization in mfd dairy products do Price wholesale, U.S. average $ per 100 Ib Dry milk: Production: T)rv whole milk mil Ib Nonfat dry milk (human food) do Stocks, manufacturers', end of period: Dry whole milk do Nonfat dry milk (human food) do Exports: Dry whole milk do Nonfat dry milk (human food) do Price, manufacturers' average selling, nonfat dry milk (human food) $ per Ib 64 4 1,493.2 87.2 1, 360. 7 6.7 146.7 93 138.4 8.6 138.0 8.1 134.5 6.9 107.5 8.3 101.5 6.9 91.0 5.0 109.5 35 95.4 4.8 97.6 6.1 109.1 7.8 135.1 9.2 156.8 5.8 190.2 2.1 99.1 2.6 106.2 4.7 149.1 4.0 178.9 3.0 192.8 5.7 189.0 3.0 160.6 2.6 124.4 2.1 99.1 26 56.9 3.9 39.3 3.5 53.7 2.9 83.5 4.7 124.4 28.6 33.8 42.4 33.7 1.3 2.5 2.4 1.7 6.5 3.2 6.0 1.7 2.7 2.8 6.1 3.1 1.5 2.7 6.0 3.1 .9 3.7 .9 2.9 3.5 4.0 4.5 2.2 7.4 2.9 7.05 7.26 7 29 7.33 7.35 7.36 7.36 7.36 7.36 7. 36 7 40 7.42 7.45 7.50 7.50 118,769 58, 587 5.01 117, 281 57, 625 '5.25 11,227 6,029 5.01 10,840 5,921 '4.91 10,201 5,452 5.06 9,567 4,827 5.24 9,035 4,043 '5.45 9,120 4,032 '5.61 8,721 3, 735 '5.67 9,191 4,110 '5.58 9,407 4,604 5.53 8,795 4,381 5.45 9,983 5,008 5.35 10, 261 5,360 5.23 11,046 5,993 '5.15 74.3 1,674.8 76.3 1, 610. 4 9.6 189.2 10.0 188.2 5.2 152.1 4.6 120.3 4.9 91.0 6.1 91.0 5.1 90.9 5.1 115.6 5.2 120.9 4.3 114.8 5.1 133.1 3.8 149.3 9.2 173.5 6.1 98.7 7.6 78.9 9.1 119.0 11.5 145.9 11.1 139.9 10.1 128.4 8.4 107.4 9.1 90.1 7.9 76.0 7.6 78.9 8.2 72.6 7.5 68.5 6.2 63.9 4.9 75.2 6.8 108.0 12.8 140.9 18.6 151.0 1.3 26.4 .7 12.3 1.7 10.2 1.4 20.8 1.1 22.8 6.6 8.1 1.1 13.7 .4 15.3 .8 3.5 1.3 8.9 1.6 13.9 2.3 19.4 1.6 5.2 .199 .224 .231 .231 .231 .232 .234 .235 .233 .234 .235 .234 .235 .235 .234 mil bu 1, 245. 4 1, 267. 4 86.2 92.2 99.1 114.4 83.2 84.8 108.3 127.2 18.4 33.4 91.9 95.6 107.6 do do i 372. 9 303.2 184.6 118.5 40.2 1418 2 17.8 .8 2 137. 7 271 5 266.1 .5 1.1 1.8 442.7 291 6 151.1 .4 .7 2.5 .5 .1 .1 277.1 177.7 99.4 .7 2.4 1.7 $ per bu do 1.30 1.29 1.18 1.18 1.24 1.25 1.19 1.18 1.06 1.07 1.04 1.05 1.19 1.20 1.19 1.18 1.17 1.15 1.14 1.14 1.18 1.19 1.17 1.18 1.16 1.17 1.16 1.17 1.19 1.19 mil bu i 4, 760 i 4, 375 r 10, 780 5.09 GRAIN AND GRAIN PRODUCTS Exports (barley corn oats rye, wheat) Barley: Production (crop estimate) Stocks (domestic) end of period Off farms Exports including malt§ Prices, wholesale (Minneapolis): No. 2, malting _ No 3, straight Corn: Production (crop estimate grain only) do do On farms do Off farms do Exports including meal and flour do Prices, wholesale: No. 3, yellow (Chicago) $ per bu._ Weighted avg., 5 markets, all grades do _ Oats: Production (crop estimate) Stocks (domestic) end of period total On farms Off farms 4 257 3,391 866 515.3 594 0 1.27 1.25 1.11 1.11 1 1930 mil bu do do do Exports including oatmeal do Price, wholesale, No. 2, white (Chicago) $ per bu Rice: Production (crop estimate) mil bags 9 California mills: Receipts, domestic, rough mil Ib Shipments from mills, milled rice _ _ do Stocks, rough and cleaned (cleaned basis), end of period. _ mil. Ib Southern States mills (Ark., La., Tenn., Tex.): Receipts rough from producers mil Ib Shipments from mills milled rice do Stocks, domestic, rough and cleaned (cleaned basis) end of period mil Ib Exports do Price wholesale Nato No 2 (N O ) $ per Ib Rye: Production (crop estimate) mil. bu Stocks (domestic), end of period do Price, wholesale, No. 2 ( Minneapolis).. $ per bu._ Wheat: Production (crop estimate1*, total Spring wheat Winter wheat _ Distribution mil. bu do do do 789 653 549 104 1 42 1 2 177 1,646 531 42 7 46.7 1.17 1.14 1.13 1.15 1.10 1.10 .2 1.6 2.0 .7 .67 .60 .63 .58 170 76 371 69 40.8 54. i 59.9 3.1 1.06 1.06 1.06 1.03 1.06 1.08 1.13 1.14 1.14 1.13 1.18 1.16 16.5 3 Oil 2,194 817 49.8 38.6 47.9 1.16 1.15 1.15 1.15 1.20 1.21 1.30 1.28 11 6 10 3.72 .82 .74 89.4 i 105 3 928 773 155 .4 .5 .4 .8 .9 1.2 .71 .74 .75 .68 .69 .69 115 58 215 170 221 179 272 289 286 214 225 235 118 151 67 79 93 1.0 .64 497.4 1,913 1,403 2,020 1,376 122 119 83 63 91 80 254 312 106 88 69 79 110 286 315 312 298 229 245 197 125 6 675 4 544 7 086 4 774 62 410 88 299 126 248 1 182 305 1 732 372 1 584 481 749 519 339 347 139 212 146 188 153 214 313 423 283 552 1 875 4.066 085 2 013 4 163 087 644 406 090 417 300 090 272 235 090 784 169 .087 1,547 342 081 2 122 209 083 2 119 336 083 2,013 361 085 1,903 135 085 1,812 263 .085 1,713 245 .085 1,509 492 085 1,178 408 124.2 27.8 1.19 i 23.2 18.0 1.12 1.10 1.09 31.7 1.12 1.17 1.17 1.20 1.20 1.21 19.9 1.23 1.23 1.24 U,522 1316 1 1, 207 1 365 i 1, 570 i 342 i 1 229 1.14 1.30 1.28 547 437 110 54 28 2 1.14 431.0 1.22 41,425 4272 4 1, 152 299 Stocks (domestic), end of period, total do 2539 1,212 On farms do 2230 508 Off farms. do .. 704 2309 ' Revised. i Crop estimate for the year. 2 old crop only; new crop not reported until beginning of new crop year (July for barley, oats, rye, and wheat; Oct. for corn). 3 Average 4 for 11 months. July 1 estimate of 1969 crop. 60.7 21 162 2782 2380 50.2 *931 .75 9.4 1.13 1.14 44,286 2273 2206 2 67 5 3 4378 3 446 1,678 732 947 § Excludes pearl barley. 1,112 462 650 9 Bags of 100 Ibs. SUEVEY OF CURRENT BUSINESS S-28 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1968 Annual July 1969 1968 May June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FOOD AND KINDRED PRODUCTS; TOBACCO—Continued GRAIN AND GRAIN PRODUCTS— Con. Wheat— Continued Exports, total, including Wheat only _ flour mil. bu do Prices, wholesale: No. 1, dark northern spring (Minneapolis) $ per bu._ No. 2, hd. and dk. hd. winter (Kans. City).do Weighted avg., 6 markets, all grades do 675.6 637.1 642.1 587.8 42.2 39.1 48.3 45.6 51.1 48.0 50.2 46.5 30.4 25.2 42.6 37.9 50.7 44.0 66.3 60.3 14.7 13.9 16.5 15.1 40.7 37.4 53.3 48.8 56.8 51.2 1.92 1.68 1.88 1.79 1.52 1.77 1.81 1.55 1.78 1.77 1.48 1.70 1.74 1.42 1.62 1.68 1.41 1.62 1.72 1.42 1.73 1.79 1.49 1.83 1.79 1.54 1.83 1.72 1.50 1.78 1.78 1.52 1,82 1.81 1.48 1.83 1.79 1.52 1.81 1.77 1.53 1.78 1.78 1.48 '1.76 254, 185 4,510 569, 649 19,985 351 44,374 19,687 352 44, 119 20,422 369 45,852 21,873 391 48,950 21,533 379 48,042 23, 506 411 53,606 22, 080 386 49,523 21, 279 374 47, 667 20, 342 362 45,888 18, 974 335 42, 038 4,638 23,264 1,300 4,262 1,144 1,304 1,551 4,517 2,229 2,020 2,903 4,638 2,570 371 609 4 489 1,433 2,096 5.927 5.449 5.888 5.350 5.775 5.267 5.775 5.350 5.788 5.288 5.913 5.375 5.925 5.463 5.950 5.513 5.925 5.463 5.888 5.400 5.838 5.375 5.863 5.350 5.838 5.338 4,002 27, 780 12, 659 7,852 3,876 29,592 Ul,699 8,219 302 2,541 740 386 257 2,367 794 291 288 2,609 1,015 468 311 2,648 957 708 323 2,540 1,123 1,153 373 2,813 1,381 1,488 344 2,416 1,077 1,259 >364 337 2,380 2,676 921 2 1, 057 685 342 317 2,356 905 352 2,423 1,019 312 2,414 1,022 271 2,466 961 1,007 25.97 24.73 32.38 27.65 25.90 33.83 27.02 26.80 34.00 26.83 26.51 33.50 27.56 26.54 32.00 27.92 25.84 32.00 28.24 25.33 32.00 28.22 25.33 31.50 28.38 26.01 32.50 28.83 26.39 35.00 29.10 26.60 37.50 28.97 27.22 40.50 30.20 28.69 40. 50 30.98 30.28 40.00 33.76 32.40 34.20 33.17 74,789 70, 915 i 16,196 i 15, 932 6,407 1,355 5,125 1,130 5,454 1,221 5,942 1,186 6,348 1,319 7,410 1,612 6,571 1,388 6,619 6,814 1,410 21,460 6,245 1,278 6,816 1,363 6,852 1,429 6,045 1,307 1,228 20.41 Wheat flour: Production: 245, 240 Flour thous. sacks (100 Ib.) Offal thous. sh. tons__ 4,423 Grindings of wheat __ thous. bu 549, 801 Stocks held by mills, end of period 4,372 thous. sacks (100 lb.)-_ Exports do 16, 535 Prices, wholesale: Spring, standard patent (Minneapolis) 6.124 $perl001b__ Winter, hard, 95% patent (Kans. City).. do 5.631 1.77 1.45 1.70 20,625 '20,307 21,217 364 '356 373 46,121 ' 45, 631 47, 623 2,387 LIVESTOCK Cattle and calves: Slaughter (federally inspected): Calves _ _ thous animals Cattle . _ . _ do Receipts at 28 public markets _ do Shipments, feeder, to 8 corn- belt States do Prices, wholesale: Beef steers (Chicago)-. __$per!001b Steers, stocker and feeder (Kansas City)._do Calves, vealers (Natl. Stockyards, Ill.)__do Hogs: Slaughter (federally inspected). ..thous. animals-. Receipts at 28 public markets . . . do Prices: Wholesale, average, all grades (Chicago) $ per 100 lbHog- corn price ratio (bu. of corn equal in value to 100 Ib. live hog) Sheep and lambs: Slaughter (federally inspected). ._thous. animals- _ Receipts at 28 public markets do Shipments, feeder, to 8 corn-belt States do Price, wholesale, lambs, average (Chicago) $per 100 lb_. 18.88 18.79 18.37 19.58 20.50 19.35 19.49 18.19 17.56 17.87 18.94 19.68 20.23 22.71 24.35 16.3 18.0 16.8 '18.0 20.0 19.5 19.3 18.6 16.8 17.0 17.2 18.0 18.3 17.5 18.7 20.3 11, 516 13,603 1,449 10, 888 i 2, 934 1,399 920 241 114 856 245 83 928 266 74 930 233 122 973 300 181 1,063 376 301 835 243 134 832 210 79 1,007 2214 70 768 179 815 176 839 183 835 192 250 23.48 26.02 29.50 29.00 26.25 25.25 25.25 25.62 26.12 25.00 26.50 27.50 29.25 30.75 32.25 29.75 31, 106 ' 32, 715 MEATS AND LARD Total meats: Production (carcass weight, leaf lard in) , inspected slaughter mil. lb__ Stocks (excluding lard), cold storage, end of period. mil Ib Exports (meat and meat preparations) do_. Imports (meat and meat preparations) do Beef and veal: Production, inspected slaughter __ do Stocks, cold storage, end of period do Exports _ _ _ _ _ do Imports . do Price, wholesale, beef, fresh, steer carcasses, choice (600-700 Ibs.) (New York) $ per Ib Lamb and mutton: Production, inspected slaughter. . . mil. Ib Stocks, cold storage, end of period do Pork (including lard), production, inspected slaughter mil. Ib Pork (excluding lard) : Production, inspected slaughter _ . do Stocks, cold storage, end of period do Exports __ do Imports do Prices, wholesale: Hams, smoked, composite $ per Ib Fresh loins, 8-12 Ib. 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 lb.. 2,855 2,482 2,661 2,738 2,738 3,132 2,770 2,760 2,965 2,628 2,765 2,788 2,692 644 484 1,397 625 508 1,594 673 34 109 615 32 150 34 151 506 45 148 517 55 171 572 48 147 614 62 144 625 54 97 597 29 65 601 35 88 617 57 198 678 54 149 '633 62 134 17, 252 286 34 1967 18, 274 304 29 1,129 1,587 203 3 69 1,464 207 2 105 1,592 222 2 113 1,608 239 3 113 1,536 249 2 129 1,714 273 2 111 1,489 304 3 107 1,475 304 2 63 1,658 288 2 51 1,461 278 2 59 1,490 '282 3 140 1,492 275 2 99 1,520 '253 3 85 .451 .473 .475 .472 .477 .477 .477 .466 .471 .484 .492 .484 .496 .514 .556 574 15 545 14 46 12 41 12 45 12 45 11 47 12 53 13 42 15 43 14 40 9 43 12 43 17 43 16 13, 280 13, 898 1,222 977 1,084 1,154 1,365 1,239 1,242 1,254 1,127 1,233 1,253 1,130 10, 750 286 56 307 11, 330 256 92 324 986 387 3 29 786 326 3 29 830 245 4 27 881 196 11 24 943 197 11 30 1,114 222 14 24 1,014 237 18 25 1,022 256 15 26 1,033 251 14 10 938 264 16 21 1,026 270 12 39 1,042 324 10 33 935 '299 23 33 .544 .515 .537 .509 .516 .475 .522 .550 .544 .569 .545 .515 .543 .539 .546 .484 .567 .481 .595 .484 .547 .531 .517 .507 .559 .476 .522 .495 .572 1,835 151 189 .126 1,862 94 172 .112 172 139 8 .110 140 130 12 .104 140 121 10 .108 146 105 16 .105 154 94 16 .105 182 89 14 .114 164 78 20 .123 160 94 12 .116 160 92 12 .130 138 97 14 .133 149 92 29 .144 152 '93 11 .133 142 80 39 694 671 805 880 858 984 803 764 726 567 631 661 724 312 194 296 185 332 226 413 305 492 386 607 504 486 386 417 317 394 294 351 255 287 201 239 155 '207 '123 .135 '.135 .145 POULTRY AND EGGS Poultry: Slaughter (commercial production) mil. Ib 9,218 8,915 Stocks, cold storage (frozen) , end of period, total mil. lb-_ 540 417 Turkeys do 367 317 Price, in Georgia producing area, live broilers $ perlb..122 '1.31 r Revised. 1 Annual total reflects revisions not distributed to the montlily data. 1,024 52 10 556 238 12 248 .614 200 119 .145 -140 '.130 .115 .120 .125 .130 .145 .135 .145 .135 2 Be ginning JFan. 1969 data are for 38 ]markets; compara ble Dec. 1968 rec« ipts: Cat,tle and calves 1,085; h 3gs 1,461; sheep arid lambs 213. S-29 SURVEY OF CURRENT BUSINESS July 1968 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1957 edition of BUSINESS STATISTICS 1967 May Annual 1969 1968 1968 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FOOD AND KINDRED PRODUCTS; TOBACCO—Continued POULTRY AND EGGS— Continued Eggs: Production on farms mil. cases O Stocks, cold storage, end of period: Shell thous cases O Frozen mil. lb__ Price, wholesale, extras, large (delivered; Chicago) $ per doz__ 194.9 192.6 16.9 15.9 16.1 15.7 15.1 15.8 15.4 15.9 15.9 14.7 16.6 16.3 16.9 16.0 71 56 52 52 173 50 '237 53 294 61 86 89 59 72 191 95 287 108 262 110 229 109 150 102 172 92 91 82 59 72 56 61 .298 1.372 .287 .332 .369 .390 .501 .399 .437 .480 .485 .413 .445 .404 .334 .351 282.6 .288 228.2 .344 27.9 .296 21.8 .289 18.6 .291 15.3 .300 12.9 .363 10.8 .394 10.0 .465 17.4 .505 2.0 .433 23.4 .436 27.2 .460 14.3 .455 20.7 .443 .465 2,311 21,291 5,076 21, 165 21,312 6,069 .384 1,645 25, 377 8,318 .376 ' 1, 705 1,956 559 .380 '114 1,641 567 .378 107 2,481 726 .378 97 2,397 773 .378 127 2,322 839 .375 194 1.687 552 .378 188 2,132 740 .378 172 1,945 699 .375 139 363 135 .375 146 1,111 345 .375 156 2,015 654 .383 '152 2,195 643 .380 '135 1,664 478 mil. lb_. 253 285 181 188 235 258 275 288 287 285 248 219 193 188 191 Sugar (United States): Deliveries and supply (raw basis) :$ Production and receipts: Production thous. sh. tons.. Entries from off-shore, total 9 do Hawaii and Puerto Rico do 4,106 6,391 1,958 105 218 199 65 418 170 72 714 184 90 788 184 158 532 92 793 570 215 1,066 439 128 1,008 ••269 '87 690 2,034 35 381 46 46 70 98 99 116 174 145 370 192 10, 516 ' 11, 089 943 10, 245 ' 10, 922 931 2,873 ' 2, 961 2,323 952 940 2,092 1,028 1,008 1,817 1,117 1,102 1,533 1,029 1,013 1,249 932 921 1,723 821 ' 1, 077 704 809 ' 1, 067 692 2,467 ' 2, 961 3,151 620 611 3,146 MISCELLANEOUS FOOD PRODUCTS Cocoa (cacao) beans: Imports (incl. shells) thous. Ig. tons.. Price, wholesale, Accra (New York) $ per lb__ Coffee (green) : Inventories (roasters', importers', dealers'), end Imports, total do ._ Price, wholesale, Santos, No. 4 (N.Y.)..$ per lb._ Confectionery, manufacturers' sales. __mil. $_. Fish: Stocks, cold storage, end of period Deliveries, total 9 For domestic consumption Stocks, raw and ref., end of period Exports, raw and refined Imports: Raw sugar, total 9 From the Philippines Refined sugar, total .do .do do sh. tons.. thous. sh. tons.. do do ._ Prices (New York): Raw, wholesale $ per lb._ Refined1. Retail (incl. N.E. New Jersey) -...$ per 5 lb._ Wholesale (excl. excise tax).$per lb._ Tea, imports 4,396 '6,680 ' 1, 707 K 3,286 4,954 3,249 5,370 5,076 5,603 OAK 4,921 118 834 919 817 903 2,737 ' 2, 698 P 2,614 1,468 1,320 89 65 94 165 120 62 118 66 94 102 76 163 85 4,584 2 1, 134 97 4,879 1,075 117 494 174 26 457 253 8 475 104 2 541 161 4 444 9 2 452 33 1 290 32 48 431 96 13 45 0 1 264 96 (8) 371 91 22 486 140 1 438 58 2 .073 .075 .075 .076 .076 .076 .076 .077 .076 .076 .077 .077 .078 .078 .077 .630 .103 .628 .103 .630 .103 .631 .103 .629 .105 .632 14,825 16, 785 17, 989 4.620 .099 .624 .101 .615 .099 .622 .102 .624 .103 .635 .102 .635 .102 .636 .102 .638 .102 thous. lb.. 142, 583 155, 335 15, 800 13,734 11, 440 16,354 14, 766 7,677 12,279 15,633 1,859 4,046 273.6 133.8 258.4 130.3 238.9 124.3 297.7 136.2 292.4 125.4 317.0 134.7 296.6 119.2 275.3 142.7 286.4 127.3 272.3 133.4 291.3 ' 268. 7 287.6 132.7 ' 142. 1 138.5 271.2 79.7 291.5 83.1 230.1 69.6 245.0 73.2 239.4 64.9 261.5 69.7 230.8 74.8 234.6 79.4 241.5 84.8 215.9 76.4 248.9 ' 258. 4 80.0 '73.9 283.7 91.5 161.5 58.0 160.9 62.2 162.3 52.6 168.0 52.8 168.0 50.1 199.7 56.3 179.6 45.8 196.6 49.1 214.9 51.2 175.3 60.2 181.0 ' 169. 3 56.1 '58.7 165.8 58.9 .256 .256 .256 .256 .256 .256 .256 .256 .256 .256 .256 .257 539.1 517.3 49.6 49.5 42.5 72.5 44.4 40.6 69.8 41.8 40.5 59.6 44.9 53.2 47.5 44.5 47.2 39.3 48.1 45.1 40.9 45.5 46.3 42.7 40.6 34.6 49.6 46.2 39.7 50.1 45.8 43.3 54.0 44.0 49.0 44.2 41.4 '41.4 '47.4 43.3 44.1 45.0 4, 745. 2 2, 478. 0 358.5 426.1 225.3 440.1 398.1 214.1 407.1 398.5 205.0 420.3 397.5 210.1 400.0 390.2 211.7 376.9 431.9 223.0 386.7 377.1 193.8 376.0 362.0 192.0 358.5 409.1 217.6 421.6 378.2 205.0 425.1 380.1 386.2 215.7 ' 228. 0 419.1 ' 335. 9 371.2 211.1 303.5 170.8 69.9 155.8 21.0 10.8 5.7 6.5 . 145.8 119.7 36.2 6.5 163.0 30.9 5.5 177.8 26.3 5.8 188.3 20.4 5.2 178.8 12.1 5.5 159.2 6.5 4.6 155.8 .9 4.9 155.4 .9 6.4 122.5 .6 6.9 111.2 5.4 6.8 '94.2 20.2 5.2 121.4 2 350. 5 565.1 766.1 133.6 2523.0 392.1 548.7 730.7 197.1 442.8 41.1 44.3 67.9 108.8 34.2 37.7 46.0 57.8 129.0 35.7 30.9 41.9 54.2 145.2 40.5 34.9 51.4 61.1 152.8 16.1 34.0 44.1 57.2 130.2 30.7 27.5 48.1 65.6 132.9 41.0 41.7 44.9 61.5 172.0 17.5 32.4 34.2 54.1 197.1 14.6 31.3 45.2 '59.6 187.6 152.3 38.8 45.6 59.9 179.1 40.1 30.5 31.4 46.1 '52.2 63.8 '63.8 184.9 ' 155. 6 19.2 10.3 444.0 418.1 420.6 452.8 429.6 439.6 40.7 34.3 37.3 38.8 37.8 36.5 36.6 33.6 37.4 33.4 38.3 39.5 34.4 31.9 33.5 41.4 35.2 40.9 39.5 36.3 40.2 ao n 37.8 38.8 36.2 38.0 33.8 34.1 43 3 36.1 31.8 31.3 Baking or frying fats (incl. shortening): Production mil. lb._ 3,225.7 3, 311. 9 Stocks, end of period© do 139.2 142.7 Salad or cooking oils: Production. do_, . 2,922.1 2, 995. 9 Stocks, end of period© do 79.5 79.4 Margarine: Production do 2, 114. 1 2, 140. 9 Stocks, end of period© __ do _ 59.9 49.1 Price, wholesale (colored; mfr. to wholesaler or .257 large retailer; delivered) $ per lb_. .256 202 .078 FATS, OILS, AND RELATED PRODUCTS Animal and fish fatsrA Tallow, edible: 577.8 Production (quantities rendered) mil. lb_. 525.1 Consumption in end products do Stocks end of period i do 73.2 Tallow and grease (except wool), inedible: Production (quantities rendered). _ do... 4, 753. 0 2,402.4 Consumption in end products do 424.6 Stocks end of period i do Fish and marine mammal oils: 118.4 Production do 73.0 Consumption in end products do 146.3 Stocks, end of period 1 do Vegetable oils and related products: Coconut oil: Production: Crude mil. lb Refined do Consumption in end products do Stocks, crude and ref., end of period 1f do... Imports do Corn oil: Production: Crude do Refined do Consumption in end products _..do 97 7 An c en i An o K1 O '1 Revised. v Preliminary. Beginning January 1968, data are not comparable with those for earlier periods; 2prices are based on minimum 80 percent A quality (instead of 60-79.9 percent as formerly). Annual 3 total reflects revisions not distributed to the monthly data. Less than 500 short tons. 4 Beginning July 1967, prices based on 1967 benchmark; 1967 average is for July-Dec, period. July 1967 price on old basis, $0.631. 43 K 41 1 30 7 40 R 49. 8 39.5 38.8 36.6 54.7 44.0 33.0 '33.6 '65.9 29.3 44.0 60.5 152.8 34.2 39.6 36.8 37.5 67.5 OCases of 30 dozen. cTBags of 132.276 Ib. § Monthly data reflect cumulative revisions for prior periods. 9 Includes data not shown separately; see also note " §". AFor data on lard, see p. S-28. ©Producers' and warehouse stocks. IfFactory and warehouse stocks. July 1969 SURVEY OF CURRENT BUSINESS S-30 Unless otherwise stated, .statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 | 1968 Annual 1969 1968 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 174.9 192.5 152.7 219.3 127. 3 112.8 109.4 69.6 June FOOD AND KINDRED PRODUCTS; TOBACCO—Continued FATS, OILS, AND RELATED PRODUCTS- Continued Vegetable oils and related products— Continued Cottonseed cake and meal: Production thous sh tons Stocks (at oil mills) , end of period do Cottonseed oil: Production' Crude mil Ib Refined do Consumption in end products do Stocks, crude and refined (factory and warehouse) , end of period mil Ib Exports (crude and refined) do Price wholesale (drums; N Y ) $ per Ib Linseed oil: Production, crude (raw) mil Ib Consumption in end products do Stocks, crude and refined (factory and warehouse) , end of period mil Ib Price, wholesale (Minneapolis) $ per Ib Soybean cake and meal: Production thous. sh. tons Stocks (at oil mills), end of period do Soybean oil: Production: Crude mil. Ib Refined do __ Consumption in end products do Stocks, crude and refined (factory and warehouse) , end of period -_ mil. lb__ Exports (crude and refined) do Price, wholesale (refined; N.Y.) $ per Ib 1,564.7 146.7 1 574 8 135 1 73 8 200.5 47 8 188 9 39 1 158.0 33 5 127 4 54 5 107 6 231 5 130 7 240 3 145 4 246 7 135 1 255.3 141.2 215 9 167 5 201.0 163.5 1, 108. 3 1, 050. 8 1, 010. 5 1 115 1 1, 001. 5 909.6 52 6 71.4 91.0 35 5 50 3 87.1 27 4 34.4 62.4 22 9 29 4 63.0 39 6 30 0 59.2 162 6 99 3 76.9 167 7 124.8 68.9 173 7 125 4 70.3 186 2 144.3 70.3 155 8 130.4 66.1 145.6 119.8 66.0 252.1 172 1 2 .154 272.7 61 7 .163 262.9 8 .185 201.4 54 183 158.3 7 4 184 118 7 g 193 98 7 33 .175 153 2 39 134 213.5 12 0 140 272.7 9 5 140 345 5 2 6 140 377.2 20 7 140 430.0 •• 460. 8 9.5 19.5 .140 140 370.6 209.8 306 6 195.6 24.3 17.9 23 2 18 3 9.9 17.2 22 0 17 3 31 6 16 8 35 4 17 3 29 9 14 1 25 0 11 9 30.4 13.3 26.4 15.1 24.8 16.9 213.3 .129 157 2 .127 205.0 . 132 200 9 .132 179.2 .132 163 6 . 126 162 2 .119 164 7 119 168 6 .119 157 2 119 152 8 . 119 158 1 .119 164.2 .119 ' 119. 9 '74.7 r T p 467.2 12.8 20. 8 17. 1 22.0 18.0 156 7 119 151.9 13,359.2 13, 468. 4 1, 128. 2 199.8 149.2 123.8 1,098 9 151.6 6,149. 9 5, 072. 8 5, 202. 7 6, 149. 6 5, 227. 9 5, 401. 6 520.5 447.1 448 1 507.5 425.2 457.0 507.6 392.6 413.3 477.6 427.1 444 9 408 6 444.4 457 0 578.8 446.7 496 0 584 1 439.5 442.1 544.6 462.4 467 8 524.2 460.1 489 0 474.6 448.3 429 3 578.5 506.4 478.8 663.2 i 912. 3 .120 588.6 823.4 .103 745.6 48.0 .107 705. 0 119 2 .098 743.2 46.2 .092 695. 7 29.7 .092 539.9 124 2 .093 541.4 67.2 .092 562.6 56 4 .099 588.6 111.5 .099 525.8 58 9 106 517.7 19 1 106 611.0 ' 595. 5 626.3 18.6 43 2 71 3 .106 107 TOBACCO Leaf: Production (crop estimate) mil. lb._ 31,968 Stocks, dealers' and manufacturers' end of period 5,486 mil. lb._ Exports, incl. scrap and stems thous Ib 571, 559 1197,109 Imports, incl. scrap and stems . ._ do 5,179 598 916 217, 708 Manufactured: Consumption (withdrawals): Cigarettes (small): Tax-exempt.. - .. Taxable Cigars (large) , taxable Exports, cigarettes. 53 523 6 26 _ millions do do .do r 48, 971 527, 800 6,846 23, 652 3 1,102.1 1,022.7 136.0 100.5 893 4 95.4 1,257.3 1 281 4 1 207 1 1, 139. 9 1 033.1 1,260.4 149.2 111.5 112 5 174.4 150.7 170.5 1,163.4 1,244.0 151.6 161.3 r r r 537. 6 479. 1 443 6 580.9 466.3 465 5 4 1, 716 846 007 759 510 43, 727 16, 680 4,858 45 614 17, 824 43, 696 18, 427 4,923 47 305 641 2,244 4,659 43 407 535 2,455 4,788 44 093 532 1,810 71 322 13 874 5,179 63 643 15 215 8 144 20 490 4 350 40 654 602 2,089 4 312 35 161 400 2 589 13 737 13 456 158 163 1 235 1 185 63 939 18, 335 4,937 73 366 16, 656 38 781 18, 990 5 243 48 947 616 3,088 5,470 44 159 558 3,329 4,478 50 083 682 1 579 4 224 12 776 5,005 42 410 16, 870 39 586 17 092 3 122 45 580 484 705 3 009 41 538 498 1 525 3 820 40 138 536 2,136 4,041 3 590 40 221 44 487 552 597 '1 707 2 242 10 721 124 1 153 8 983 79 975 8 852 100 897 11 220 226 1 044 13 616 228 1 300 18 837 177 1 856 2 000 '693 73 4 200 617 178 6 300 1,195 763 11 200 5,' 951 683 8 000 4,107 473 .550 122 .650 .135 .650 178 66 505 17 771 LEATHER AND PRODUCTS HIDES AND SKINS Exports: Value, total 9 thous. $ 127, 893 Calf and kip skins thous. skins _ 2,626 Cattle hides _. thous. hides 11, 987 128 679 2,212 12 636 10, 152 238 1,022 9 281 212 1 018 8 753 190 816 11 724 111 1 302 10 937 130 1 180 61,300 36,044 7 109 78 400 30, 912 5 203 8 700 3,659 419 7 300 3,034 483 7 200 3,469 352 5 900 2^214 295 6 300 2,359 344 5 200 1,475 330 3 700 '915 369 3 300 658 274 .460 .120 .555 .112 .550 .113 .550 .108 .575 . 110 .625 .114 .625 .118 .625 .121 .625 123 LEATHER Production: Calf and whole kip thous. skins Cattle hide and side kip thous. hides and kips. _ Goat and kid thous. skins.. Sheep and lamb . do 4,008 23,394 8,456 28, 375 4 247 24, 033 6,764 31 413 436 2,181 536 2,910 392 2,002 466 2 554 359 1,616 442 2 225 390 2,094 496 2 821 306 1, 895 573 2 560 320 2,201 700 2 651 325 1,911 678 2 443 299 1 910 *571 2 325 322 2,004 584 2 335 356 1,882 527 2 183 293 1 955 450 2 189 312 1 986 500 2 330 Exports: Upper and lining leather. . 71, 769 77 266 6 733 5 619 4 249 5 777 5 220 6 078 7 853 5 158 3 623 3 090 8 239 7 330 97.7 95.1 98.0 98.0 95.0 95.0 96.5 96.5 96.5 104.0 104.0 104 0 104.0 104 0 92.4 91.7 88.4 88.8 94.2 94.2 95.9 95.9 95.9 94.5 98.2 94.9 94.2 97 8 645,942 56, 299 49, 924 48, 136 57,460 51, 228 59, 385 49,490 47, 564 53, 224 48, 651 ' 52,966 48, 938 529,461 106,902 7,524 2,055 45, 601 9,875 619 204 40, 281 8,809 641 193 40,504 7,072 428 132 46, 710 9,933 641 176 41,387 9,057 626 158 47, 459 11 057 697 172 39,356 9,316 663 155 39,935 6 859 642 128 45, 033 7 428 636 127 40, 086 ' 43,461 39, 646 7 846 r 8r 578 8 370 *576 771 764 156 143 158 2 217 2 884 185 165 156 193 737 213 195 242 143 132 232 122.9 129.7 128.7 128.7 128.7 128.7 131.3 134.2 135.4 135.4 135.4 135.4 131.2 131.2 113.1 125.9 118.7 134.4 120.0 132.9 120.0 133.1 120.0 133.0 120.0 135.5 120.0 138.0 120.0 138.0 120.0 138.0 121.5 137.9 124.4 138.0 124.4 138.1 127.2 137.8 Imports: Value, total 9 Sheep and lamb skins Ooat and kid skins .. thous. $ thous. pieces do Prices, wholesale, f.o.b. shipping point: Calfskins, packer, heavy, 9H/15 Ib Hides, steer, heavy, native, over 53 Jb $ per Ib do thous. sq. ft Prices, wholesale, f.o.b. tannery: Sole, bends, light index, 1957-59= 100. _ Upper, chrome calf, B and C grades index, 1957-59 = 100. _ LEATHER MANUFACTURES Shoes and slippers: Production, total t thous. pairs _. 599,964 Shoes, sandals, and play shoes, except athletic t thous. pairs. . 495, 380 Slipperst . do 95, 620 Athletic t _ _ _ do 6,949 2,015 Other footwear t 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 T .500 . 123 Revised. « Corrected. ' Annual total reflects revisions not distributed to the monthly data. 4 2 Average for 11 months. 3 Crop estimate for the year. July 1 estimate of 1969 crop. 120.0 132.9 .650 . 128 9 Includes data for items not shown separately. t Revisions for Jan. 1965-July 1967 will be shown later. 217 6 248 230 1, 851 SURVEY OF CURRENT BUSINESS July 1969 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1968 1969 1968 May Annual S-31 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May LUMBER AND PRODUCTS LUMBER— ALL TYPES National Forest Products Association: Production, total mil. bd ft Hardwoods do Softwoods ._ _ do. . Shipments, total Hardwoods Softwoods . ______ 35, 275 7,401 27,874 37,094 6,960 30, 134 3,281 596 2,685 3,108 630 2,478 3,140 592 2,548 3,221 621 2,600 3,193 592 2,601 3,381 622 2,759 2,981 625 2,356 2,818 514 2,304 2,937 581 2,356 2,993 586 2,407 3,314 622 2,692 3,415 612 2,803 3,257 671 2,586 -do . _ do do 35, 777 7,603 28, 174 38, 052 7,762 30, 290 3,426 666 2,760 3,196 654 2,542 3,253 608 2,645 3,322 631 2,691 3,205 648 2,557 3,454 657 2,797 3,056 702 2,354 2,794 582 2,212 2,976 694 2,282 3,051 719 2,332 3,343 766 2,577 3,331 674 2,657 3,310 730 2,580 do do do •5, 744 1,377 4,367 5,086 914 4,172 5,380 1,051 4,329 5,322 1,041 4,281 5,279 1,038 4,241 5,194 1,034 4,160 5,196 995 4,201 5,094 975 4,119 5, 030 934 4,096 5,086 914 4,172 5,113 879 4,234 5,118 824 4,294 5,162 748 4,414 5,246 703 4,543 5,194 654 4,540 do do 1,112 4,987 1,143 6,087 104 439 81 517 100 610 94 560 81 526 90 685 82 519 84 524 72 353 73 490 73 724 103 664 106 549 8,222 579 9,047 822 724 651 858 734 795 752 666 645 790 742 726 662 674 657 755 822 755 898 530 809 668 818 696 704 612 542 8,046 8,129 957 8,802 8,804 955 799 800 1,058 747 775 1,030 716 777 969 723 773 919 721 693 947 774 806 915 671 679 907 638 590 955 663 679 956 664 619 1,001 775 659 1,118 846 810 1,147 703 774 1,074 388 113 275 403 102 301 34 9 25 31 7 24 36 10 26 32 8 24 29 6 23 31 7 24 27 6 21 33 6 27 24 8 16 32 8 24 22 4 18 31 10 21 32 7 26 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 mil. bd ft do__- Production Shipments Stocks (gross), mill, end of period Exports, total sawmill products Sawed timber Boards, planks, scantlings, etc do do do _ _ do-.. do 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.. Southern pine: Orders, new Orders, unfilled, end of period mil. bd ft do Production do Shipments _ _ __ do Stocks (gross), mill and concentration yards, end of period mil. bd ft Exports, total sawmill products 85.54 107. 85 103. 84 104.66 108.46 111.01 112. 36 113. 06 113.06 123. 98 130. 11 137. 49 147. 11 140. 41 169. 99 166. 36 163. 31 163.31 163.31 163. 31 165.94 169. 33 169. 33 175. 42 179. 83 195. 55 208.29 213. 84 6,381 307 7,145 422 598 356 562 368 596 375 596 367 621 390 647 369 629 391 589 422 648 408 724 487 722 505 579 415 559 355 6, 415 6,348 6,870 7,030 591 630 548 550 590 589 579 604 559 598 645 668 596 607 579 558 681 662 634 645 670 704 701 669 666 619 1,297 1,137 1,215 1,213 1,214 1,189 1,150 1,127 1,116 1,137 1,156 1,145 1,111 1,143 1,190 1,524 9,367 7,699 9,216 M bd. ft._ 87, 436 Prices, wholesale, (indexes): Boards, No. 2 and better, 1" x 6", R. L. 1957-59=100 Flooring, B and better, F. G., 1" x 4", S. L. 1957-59=100-Western pine: Orders, new Orders, unfilled, end of period. mil. bd ft do Production Shipments do do Stocks (gross) , mill, end of period do Price, wholesale, Ponderosa, boards, No. 3, I" x 12", R. L. (6' and over) $ per M bd ft 5,536 5,222 10, 772 621 121.8 123.5 126.3 129.5 134.0 139.9 148.4 149.8 114.7 114.8 115.5 116.6 121.0 125.6 128.9 130.2 946 608 985 616 1,006 615 789 600 757 539 748 616 731 564 864 530 769 452 839 416 988 978 1,015 977 1,003 1,008 804 804 812 818 702 671 807 783 922 899 908 847 904 875 1,563 90,477 9,658 6,529 7,649 7,538 7,790 103.5 119.0 117.7 118.6 119.5 120.8 106.0 113.0 112.7 112.7 113.7 114.5 10,531 557 10, 881 539 920 582 939 624 994 640 10, 180 10, 401 10, 851 10,900 983 1,004 888 897 955 978 1,445 1,396 1,391 1,382 1,359 1,369 1,407 1,402 1,402 1,396 1,426 1,450 1,473 1,534 71.95 87.72 92.16 88.72 87.67 89.03 89.99 94.11 98.64 106. 49 115. 76 129. 86 145. 12 163.54 547.0 20.1 496.5 23.9 41.2 21.4 34.4 18.9 39.2 19.1 45.1 20.7 47.0 25.6 45.3 26.1 36.2 25.7 32.1 23.9 38.6 25.8 34.1 24.6 31.2 21.8 27.4 17.5 29.2 14.1 551.2 552.2 57.9 459.3 485.1 23.5 43.4 44.3 51.0 38.2 37.2 49.2 33.4 38.2 44.0 38.3 43.0 38.5 34.6 40.5 30.5 41.4 44.8 27.1 34.4 36.1 25.3 31.4 33.0 23.5 38.6 36.7 25.4 32.6 33.3 25.4 33.9 34.0 25.3 35.4 32.9 27.8 33.0 32.4 27.7 HARDWOOD FLOORING Oak: Orders, new Orders, unfilled end of period mil. bd ft do Production Shipments Stocks (gross), mill, end of period do do do METALS AND MANUFACTURES IRON AND STEEL Exports: Steel mill products thous. sh. tons Scrap do Pig iron.. _ do Imports: Steel mill products Scrap Pig iron do do do 1,685 7,635 7 2,170 6,572 11 132 502 1 120 501 1 142 479 1 176 624 1 269 764 1 207 539 1 306 801 2 327 576 1 132 282 1 173 233 0) 441 529 1 349 754 2 411 826 1 11,455 286 2 631 17,960 327 799 1,770 36 63 1,507 31 71 1,505 30 81 2,138 16 92 1,698 17 124 1,485 24 99 1,550 19 72 1,425 38 73 510 24 8 568 25 6 876 31 22 1,505 40 22 1,727 37 41 52, 312 2 53, 284 2 32, 654 2 39, 228 85,361 2 86, 766 7,793 7,868 5,259 3,746 8,342 8,113 4.785 3,411 7,577 8,225 4,730 3,022 7,128 8,385 3,830 2,560 5,934 8,414 3,506 2,641 5,787 8,340 3,905 3,105 6,610 8,288 3,823 3,044 6,723 7,987 3,998 3,248 6,892 7,868 24.48 26.00 22.85 24.00 22.59 24.00 22.40 24.00 23.01 25.00 22.74 25.00 24.00 25.00 23.79 26.00 25.83 29.00 27.35 29.00 26.38 28.00 25.33 27.00 Iron and Steel Scrap Production Receipts __ Consumption. _ Stocks, consumers', end of period thous sh tons do do do Prices, steel scrap, No. 1 heavy melting: Composite (5 markets) $ per Ig. ton Pittsburgh district do..._ r 3 27. 51 27.00 25.06 27.10 Revised. * Preliminary. » Less 3 than 500 tons. 2 Annual total reflects revisions not distributed to the monthly data. For Feb.-Dec. 1967. June SURVEY OF CURRENT BUSINESS S-32 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 | 1968 Annual July 1969 May June July Aug. 1969 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June METALS AND MANUFACTURES—Continued IRON AND STEEL-Continued Ore Iron ore (operations in all U.S. districts): Mine production thous. Ig. tons Shipments from mines do Imports do 1 84, 179 1 83, 016 i 44, 627 85 860 83,411 43 941 9 492 11,210 5 243 9 582 11,075 4 650 9 459 11,737 4 591 9,098 10, 411 4,555 8,514 8,760 5 082 6,918 8,418 4 742 5 255 5,929 3 114 4,898 2,836 2 958 5,230 2220 1 402 4,967 2,043 1 673 5,884 2,456 1 521 6,104 5,297 2,856 3 426 U.S. and foreign ores and ore agglomerates: Receipts at iron and steel plants do_ Consumption at iron and steel plants do Exports ___ „._ do 119, 435 118, 982 5,944 118, 581 120, 449 5,937 15, 437 11, 770 570 15, 189 11, 152 458 15, 325 11 012 500 13, 915 8,519 493 12,904 7,343 593 12,200 7,798 698 7,737 8,358 522 5,799 9,483 426 3,380 10, 145 306 3,291 9,881 328 4,602 11, 144 162 7,281 11, 013 436 13, 330 11, 396 656 71,649 '56,142 '58,692 '61,036 '65,395 ' 71, 095 ' 74, 474 '73, 278 71,649 15 620 20 866 19 374 17 095 15, 782 15 536 14 230 13 556 15 620 53 232 r 33, 827 r 37, 864 '42,177 '47,573 '53,135 ' 57, 537 ' 56, 916 53, 232 2,797 1,449 1,764 2,707 1,454 2,424 2,806 2,040 2,797 67,838 18 801 46 534 2,503 63,694 21 725 39 950 2 019 60,000 25 153 33 416 1,431 56 765 26 105 29 683 977 31, 617 998 Stocks, total, end of period At mines At furnace yards At U.S. docks do do do do__ M anganese (mn. content) , general imports, 71, 238 13 130 55, 121 2,987 do 953 72 68 61 92 103 28 52 83 92 40 60 126 81 88,780 89, 890 8,706 8 650 8,244 8,220 8,021 7,957 6,333 6,376 5,481 5,666 5,916 6,039 6,218 6 288 7,020 7,042 7,296 7,225 8,196 8,150 8,414 8,055 62.70 63 00 63 50 62.70 63 00 63 50 62.70 62.70 12,356 149 8 11,810 147 9 1,086 Pig Iron and Iron Products Pig iron: Production (excluding production of ferroalloys) thous. sh. tons__ i 86, 984 Consumption do 87 371 Stocks (consumers' and suppliers'), end of period thous sh. tons 2 842 Prices: Composite $ per Ig. ton-62.70 Basic (furnace) do 63 00 Foundry, No. 2, Northern dq 63 50 Castings, gray iron: Orders, unfilled, for sale, end of period thous. sh. tons 913 Shipments, total do 14 329 F o r sale _ _ _ _ _ _ . do 8 128 Castings, malleable iron: Orders, unfilled, for sale, end of period thous. sh. tons 120 Shipments, total do 1 041 F o r sale _ _ _ _ _ _ do 614 2,340 2 514 2,549 2 641 2 644 2 584 2 456 2 386 2 340 62.70 63.00 3 63. 50 62.70 63 00 63.50 62.70 63.00 63.50 62.70 63.00 63.50 62.70 63.00 63.50 62.70 63.00 63.50 62.70 63 00 63.50 62.70 63 00 63.50 62.70 63 00 62.70 63.00 63.50 62.70 63 00 63 50 923 15 071 8 747 1,031 1 455 835 986 1,291 774 965 1,144 703 909 1,184 723 899 1,223 747 886 1,307 768 875 1 187 675 923 1 099 607 1,021 1 255 676 1,019 ' 1, 023 991 1 288 ' 1 376 1 423 718 ' 774 827 137 1r 094 586 112 102 55 113 91 48 120 79 44 122 79 46 131 88 49 116 102 56 130 '89 46 137 ' 103 '49 138 ' 104 ' 54 142 '102 '55 11,906 149 1 11, 452 138.8 8,956 108 6 8,086 101 3 9,006 109 2 9,590 120 1 10, 421 126 3 11,083 134 3 10, 915 146.5 262 144 118 280 129 109 279 129 109 289 135 116 331 141 119 347 132 112 371 143 123 392 153 132 432 163 138 r '129 ' 110 ' 59 130 112 64 Steel, Raw and Semifinished Steel (raw): Production thous. sh. tons__ U27,213 U31,462 12,700 Index _ daily average 1957-59—100 153 9 131 0 i 135 o Steel castings: Orders, unfilled, for sale, end of period thous. sh. tons 371 283 293 Shipments, total do 155 1 731 1 857 For sale, total do 125 1 437 1 556 12,400 150 3 '430 ' 169 145 12, 143 152.1 442 169 147 Steel Mill Products Steel products, net shipments: Total (all grades) thous. sh. tons By product: Semifinished products do Structural shapes (heavy), steel piling do Plates.. _ do Rails and accessories ._ do Bars and tool steel, total Bars: Hot rolled (incl. light shapes) Reinforcing Cold finished Pipe and tubing Wire and wire products Tin mill products Sheets and strip (incl. electrical), total Sheets: Hot rolled Cold rolled By market (quarterly shipments) : Service centers and distributors Construction, incl. maintenance Contractors' products Automotive Rail transportation. Machinery, industrial equip tools Containers, packaging, ship, materials Other do .do do do do do do do do do 1 83, 897 1 91 856 9,718 9,492 10,368 5,263 5,215 6,316 6,007 6 320 7 280 7,092 8 199 8,269 8,304 4,061 6,133 7,948 1,434 4 821 6,149 8 401 1 462 439 648 882 152 433 627 858 138 530 671 926 165 254 370 513 63 291 385 457 72 350 438 540 110 479 428 523 99 458 458 628 131 453 462 623 142 514 532 709 165 494 533 734 156 520 551 756 140 13,053 7,961 3,249 1,733 8,969 3,133 6,591 32, 574 9,312 14,709 13 660 8,497 3 241 1 815 10 078 3 393 7 267 36 624 10 782 16 336 1,443 919 333 181 1 113 358 842 3,842 1 093 1,778 1,348 875 288 177 1 077 343 882 3,786 1 089 1,726 1,521 963 376 173 1 113 361 960 4,121 1 264 1,830 887 477 279 123 666 205 320 1 984 616 787 818 965 444 551 251 267 116 137 600 520 210 252 544 770 1,919 2,293 685 ' 530 789 943 937 559 239 131 626 239 334 2 343 723 985 497 421 544 118 904 547 221 126 657 222 310 2 649 941 1,054 1 096 699 222 166 749 249 504 3,006 897 1,379 1,052 678 213 152 732 239 497 2,892 914 1,294 1 216 '776 263 167 1 017 286 576 3 185 968 1 419 1,304 795 320 178 930 303 553 3,263 1,034 1,448 1 285 758 352 165 842 284 575 3,352 1 056 1,482 do do do do i1 14, 863 1 16 099 11, 375 i 12 195 1 4, 582 !4 922 1 16, 488 i 19 269 4,811 3 849 1,570 6 108 3,748 3,030 1,171 3,962 3 283 2 279 953 3 642 2 4 021 1,564 22 1, 520 1 102 2 720 2 1, 071 1 142 2 2414 2 2431 1, 597 1 583 4 828 do do do do i 3, 225 i 4,994 7, 255 i 21, 115 1 3 048 1 5 469 1 7 902 1 898 1 730 2,594 6,685 593 1,174 1,949 7,168 707 1 028 1 493 5,259 2 346 916 2529 1 401 2619 1 741 5 783 22,129 2 311 2516 2629 2 2 212 10.1 6.2 6.2 plO. 1 *6 0 p6 0 1 22, 952 Steel mill products, inventories, end of period: Consumers' (manufacturers only) mil. sh. tons Receipts during period do Consumption during period do 9.1 62.5 63.5 10.5 70.1 68.7 Service centers (warehouses) do Producing mills: In process (ingots, semifinished, etc.) do Finished (sheets, plates, bars, pipe, etc.) do 5.6 6.3 5.8 5.7 5.9 6.4 6.1 12.5 9.6 9.9 9.0 10.6 10.0 10.1 9.0 9.1 7.0 9.8 7.7 9.6 7.9 *> Preliminary. 13.1 6.9 6.0 13.3 4.3 5.7 12.0 5.2 6.5 10.1 5.8 5.7 10 1 6 1 61 5.9 5.6 '55 v 5. 6 10.1 9.2 10.1 9.5 10.3 9 5 '10.3 '9.6 » 10.4 "95 '.0891 T.0903 .0903 .0908 10.0 5.6 6.1 11.0 4 7 5.7 10.5 4.8 5.3 5.9 5.9 6.3 9.3 8.0 9.5 8.3 9.9 9.0 .0850 .0865 .0865 .0882 .0900 .0897 .0865 .0871 .0872 .0873 2 i Annual total; monthly revisions are not available. For month shown. 3 pOr eleven months. '.0891 Steel (carbon), finished, composite price. _ _$ per lb_. ' Revised. 12.2 7.2 6.4 15.0 70 5.1 14.7 5.0 5.3 .0908 July 1969 SUKVEY OF CURRENT BUSINESS Unless otherwise stated, statistics through 1966 and descrintive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1968 1969 1968 May Annual S-33 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June METALS AND MANUFACTURES—Continued NONFERROUS METALS AND PRODUCTS Aluminum: Production, primary (dom. and foreign ores) thous sh tons Imports IVtetal Plates Exports (general): and alloys crude sheets etc metal and alloys crude 3,269 3 !820 0 3, 255. 0 873 0 289.0 81 0 218.5 68 0 226.0 61 0 246.5 72 0 269. 0 68 0 293.4 78 0 291.6 72.0 300.1 72 0 313.6 77 0 286.1 77.0 317.2 77.0 309 4 91 0 450.5 56.3 209.0 685.2 61.8 180.3 58.4 5.3 15.4 74.4 4.7 13.4 61.2 5.9 11.9 40.3 7.1 13.1 52.5 4.6 20.4 49.7 5.3 16.7 38.4 5.5 18.1 51.8 4.7 16.4 30.5 1.4 11.6 45.1 4.8 7.9 49.2 5.7 12.1 57 9 7.0 31 8 42.1 5.6 23.7 218 9 .2498 70.9 .2557 97 4 .2500 109 3 .2585 114 2 .2600 91 2 .2600 93 9 .2600 99 2 .2600 99.4 .2600 70.9 .2600 64.6 .2655 52 9 .2700 54.6 .2700 51 0 .2700 .2700 mil. Ib do do do 8,836.9 6,350.6 2,868.1 1,534.7 9, 991. 7 7, 209. 8 3. 404. 6 1, 568. 3 1,069.3 797.4 414.3 138.8 695.1 488.7 209.2 121.6 696.3 516. 1 227.5 101.2 750. 2 550.0 252.7 120.5 779.9 564.0 255.4 125.4 839.8 625.7 284.8 145.8 807.0 583.7 268.4 135.0 853.2 575. 0 270.1 133.4 885.0 642.8 307.9 156.5 ' 880. 8 ' 637. 7 322.0 144.4 do do do do 954 1 1,133.0 846.6 286.4 394.5 1 199.3 1, 437. 4 1, 160. 9 276.5 400.9 125 5 139.0 111.8 27.2 44.7 124.6 150.5 121.4 29.1 38.1 123 5 158.4 129.8 28.6 33.5 127.8 168.8 136.9 31.9 31.4 120 5 153.4 128.6 24.8 32.0 127.8 181.0 151.0 30.0 32.6 122.9 165.2 139.4 25.9 33.7 123.9 162.0 131.5 30.5 34.7 120.9 154.0 131.4 22.6 37.5 118.6 131.2 115.4 15.8 32.0 132.9 155.3 126.5 28.8 37.9 644.1 328.3 716.7 405.4 56.9 33.5 50.5 24.2 27.9 8.4 53.1 13.3 43.0 8.2 29.8 5.5 35.5 7.2 34.5 4.7 11.7 8.3 37.4 6.4 241.8 159.4 360.8 240.7 29.8 19.8 37.0 30.4 40.4 31.3 42.9 31.8 52.6 39.9 35.0 25.4 35.2 28.1 29.2 23.0 15.8 13.0 172.9 205.6 139.4 195.4 190.2 132.1 130.0 219.2 166.1 168.8 214.8 159.6 187.8 199.8 148.9 203.7 175.2 130.9 179.6 165.2 112.7 162.0 171.5 114.9 .4247 .4250 .4211 .4210 .4212 .4211 .4211 .4211 do do do Stocks, primary (at reduction plants), end of Price, primary ingot, 99.5% minimum___$ per lb._ Aluminum shipments: Ingot and mill products (net) Mi ill products total Plate and sheet (excluding foil) Castings Copper: Production: Refinery primary From domestic ores From foreign ores Secondary recovered as refined Imports (general) : Refined unrefined scrap (copper cont ) do Refined do _ Exports: Refined and scrap do_Refined do 1,948.2 1, 876. 4 Consumption refined (by mills etc ) do 171.5 169.5 Stocks refined end of period do 114.9 114.1 Fabricators' do Price, electrolytic (wirebars), dom., delivered! $ per Ib-- 2 . 3863 s . 4225 Copper-base mill and foundry products, shipments (quarterly total): CoDDer mill (brass mill) products mil Ib Brass and bronze foundry products Lead: A Production: mine, recoverdme iedu do 1 ou . D . u Imports (general) ore (lead cont ) metal Consumption total do do Stocks, end of period: Producers', ore, base bullion, and in process Refiners' (primary), refined (lead content) Consumers' (lead content) cf Scrap (lead-base, purchased), (gross weight) Price, common grade (N.Y.) and antimonial thous sh tons do all smelters thous sh tons $perlb__ Tin:A Imports (for consumption) : Ore (tin content) Bars, pigs, etc Recovery from scrap total (tin cont ) As metal Consumption pig total Primary Ig. tons do_ do do do do 2 595 2 356 966 316 9 1553 g 488.4 1,260.5 Consumption (recoverable zinc content) : Ores Scrap, all types do do_ - 675 595 250 132.4 151.0 127.3 23.7 36.8 39.5 10.9 40.8 11.0 44.2 13.7 18.2 14.6 31.6 24.0 27.7 19.0 24.0 15.7 179.6 187.6 118.4 174.8 179.1 105.2 180.3 165.9 103.5 »187 0 *>153 8 v 106. 6 v 183. 6 v 152. 3 *108. 5 .4390 .4423 .4479 .4495 .4589 r 38 8 53 8 42 4 50.9 26.3 104.8 36.5 116.5 47.1 114.4 28 7 47 8 26 9 42 2 28 6 37 5 31 0 44 6 29 3 46 4 42 1 50 4 37 9 48.0 37 9 44.4 37 2 49.9 35 1 49.3 424.6 1, 319. 1 37 8 112.1 30.3 104.8 35.8 93.3 27.6 110.1 36 7 113.5 30.3 130.6 32.3 115.4 28.1 112.1 19.1 115.0 32.1 146 8 147 5 148 6 152 8 155 2 157 7 157 1 153 2 146 8 139 4 143.5 134 0 136.7 15.1 83.8 18.2 106 9 21.0 102 5 29.4 116.1 29.6 105.1 22.3 100 8 19.5 84.0 15.2 83.8 15.1 83.8 14.1 82.4 10.1 87.9 11.2 105.7 12.9 121.3 4 54.5 .1321 50 6 .1304 50.9 .1300 55.5 .1270 53.1 .1250 50 9 .1250 50.1 .1279 48.1 .1300 54.5 .1300 55.4 .1341 54.5 .1400 56.4 .1400 55.2 .1440 3.255 3,266 49,924 57, 358 1 22,667 »• 1 22,495 13,176 ' 1 2, 978 81,961 80, 638 58,859 57, 848 0 3,667 2,315 280 7,685 5,295 702 5,088 2,040 235 7,090 5,085 458 3,561 1,765 235 6,305 4,540 771 3,868 1,770 255 6,270 4,290 0 6,847 2,060 250 6,660 4,650 0 4,359 2,165 245 7,510 5,070 0 6,302 1,930 255 6,495 4,555 85 4,226 1,765 235 6,485 4,470 0 2,396 1,965 225 6,920 4,810 0 6,524 1,875 225 6,330 4,585 0 5,218 1,970 255 6,755 4,890 0 6,590 2,110 225 7,250 5,145 7,130 5,075 888 18, 480 1.4330 247 16, 520 1. 4165 109 16,945 1. 4148 84 15,680 1. 4185 211 18, 145 1.4804 564 16, 360 1. 5107 805 16, 270 1. 6214 460 18, 534 1.6346 110 14,985 1. 6250 198 13, 810 1. 6518 244 15,515 1. 5552 137 15, 635 1. 5681 154 14 940 1.5667 160 2 23. 4 105 8 58 0 .1400 5,027 18, 534 1. 4811 .4642 831 617 269 354 2 550 0 ! 549 4 526.4 45 3 44.7 43.0 46.9 44.4 44.2 43.9 43.8 41.9 42.6 ••44.4 46.8 534.1 221.4 546.4 305.5 43.5 24.0 45.0 17.2 50.8 20.2 53.9 22.9 51.1 14.9 41.1 24.4 54.9 23.6 44.1 31.2 48.8 16.7 43.6 22.7 43.1 28.4 37.6 29.8 1 114. 3 1 240. 9 118.7 236.2 10.1 19.7 9.8 20.5 9.2 19.7 9.5 19.4 10.9 19.9 10.7 19.8 11.4 19.9 10.5 19.3 10.8 19.0 9.3 18.8 10.1 19.7 10.8 19.3 87.8 6.1 104.7 (3) 86.7 7.0 108.8 2.3 89.5 6.3 123.7 1.6 91.9 6.5 116.7 (3) 91.4 6.0 108.9 1.3 94.0 6.1 119.1 3 () 86.6 5.3 113.8 (3) 94.5 6.1 126.8 4.9 92.5 5.3 117.8 .1 84.4 85.2 .1350 82.2 78.9 .1350 70.3 74.0 .1350 67.6 73.9 .1350 67.4 96.3 .1350 50.9 97.5 .1384 42.7 99.3 .1400 48.8 94.6 .1400 42.9 97.7 .1400 Slab zinc: Production (primary smelter), from domestic 92.4 87.1 95.5 *938 8 1, 009. 3 and foreign ores thous sh tons i 73 5 5.8 5 5 74.0 6 4 Secondary (redistilled) production do 104.7 115.2 1 2368 r l 1,333.7 120 7 Consumption fabricators' do .1 2.5 1.0 16.8 33.0 Exports - do _ _ _ Stocks, end of period: 70.4 78.8 67.4 65.4 81.9 Producers', at smelter (AZI)O do_ 84.7 89.1 102.5 96.3 88.0 Consumers' do .1350 .1350 .1350 .1350 Price, Prime Western (East St. Louis). $ per lb.. .1384 r Revised. » Preliminary. 1 Annual total; monthly revisions are not available. 2 3 4 Jan.-Aug. average. Less than 50 tons. Reported yearend stocks. See BUSINESS STATISTICS note. s Average for Apr.-Dec. AData reflect sales from the Government stockpile. 135 6 149.3 124.3 25.0 36.4 770 630 239 688 559 222 r 920.7 687.9 338.7 4 4 2,509 Exports incl reexports (metal) do 18 662 Stocks pig (industrial) end of period do Price, pig, Straits (N.Y.), prompt...." _.$ perlb__ 1.5340 Zinc: A Mine production, recoverable zinc thous sh tons Imports (general): Ores (zinc content) do Metal (slab blocks) do 2 757 2,364 968 ' 907. 6 r 909 4 ' 659. 3 r gsi 4 «• 317. 9 r312 1 ' 151. 6 152.7 .2700 .1450 .1486 0 7,177 1.5900 59.6 32.1 .2 37.9 38.3 .1450 .1450 t Re vised. Beginning in the June 1969 SURVEY, averages are delivered prices; differential between delivered and former refinery price is 0.400 cents per Ib. cf Consumers' and secondary smelters' lead stocks in refinery shapes and in copper-base scrap. O Producers' stocks elsewhere, end of June 1969,12,600 tons. July 1969 SURVEY OF CURRENT BUSINESS S-34 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS Annual 1969 1968 1968 May June July Aug. Sept. Oct. Nov. Jan. Dec. Feb. Mar. Apr. May June METALS AND MANUFACTURES—Continued HEATING EQUIPMENT, EXC. ELECTRIC Radiators and con vectors, shipments: Cast-iron mil sq ft radiation Nonferrous do Oil burners: Shipments thous Stocks, end of period do Ranges, gas, domestic cooking (incl. free -standing, set-in, high-oven ranges, and built-in oven broilers), shipments thous Top burner sections (4-burnerequiv ) ship do Stoves domestic heating shipments total do Gas do Warm-air furnaces (forced-air and gravity air-flow), shipments total thous Gas do Water heaters, gas, shipments do i9g 84 8 64 79 2 3 55 4 6 5 4 49 5 86 .8 7 11 2 5 7 7 4 6.4 .5 7.7 .6 6.4 .6 6.3 .3 5.1 !513 2 3 53 9 677 7 29.5 43 0 36 4 55 8 34 2 43 3 35.3 63 7 35.1 73 7 28.4 82 6 27 3 68 3 27 0 55 3 29.5 59.8 24.5 50.1 28.2 '52.5 '29.3 51.7 28.2 2,084. 5 194 3 2, 273. 2 206 1 188.5 18 8 192 5 19 7 153.7 14 8 191.5 17 8 211.2 19 5 217 0 18 4 201.0 16 7 202.8 16 6 179.7 14.7 191.7 16.6 226.3 18 7 197.3 15.5 8 1 362 9 968 5 100 5 73 2 98 6 77 0 129 4 102 1 139 4 105 4 174 9 125 1 197 7 144 4 143 7 108 7 76 7 52 3 73 3 42 6 61 4 32.1 '83 4 '51.5 80.4 51.7 448 7 1 727 1 114 0 1,145 7 1 372 0 94 2 2, 602. 3 2, 706. 1 216 8 127 2 102 8 209 5 139 9 114 1 193.2 149 6 113 3 218 1 183 1 137 2 209 4 230 4 177 3 282 7 174 2 134.6 230.0 144 7 115 2 207.6 147 9 122 6 246.3 136 6 ' 142 1 133.0 112 5 ' 116 6 110.7 270.1 244.7 231.9 1 1 1 346 1 920 0 2 1 1 1 MACHINERY AND EQUIPMENT 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, adjc? 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 type tools:t Orders, new (net), total Domestic Shipments, total Domestic.. _ _ _ _ Order backlog, end of period Metal forming type tools :f Orders, new (net), total Domestic Shipments, total Domestic. . Order backlog, end of period mil. $ do do do do . do _ ._ do do do do Other machinery and equip., qtrly. shipments: Tractors used in construction: Tracklaying, total . mil $ Wheel (contractors' off-highway).. ... .do .. Tractor shovel loaders (integral units only), wheel and tracklaying types _ mil. $ Tractors, wheel (excl. garden and contractors' off-highway types).. _ mil. $ Farm machines and equipment (selected types), excl. tractors _ .mil $ 300.5 270 3 196.2 197 3 406.6 247 8 177 4 219 1 307.0 355 6 503 2 325.1 328.0 628.5 310.2 i 140.7 i 12.3 171.6 11121. 2 12 1 1 64.6 10.4 .9 4.6 85 g 4.0 7.7 .9 3.9 9.7 7 2.8 8.2 g 4.3 13.1 10 9.0 9.2 17 4.0 80 10 4.6 6.9 g 3.9 12.0 .5 3.8 12.4 1.1 6.7 17.0 1.9 9.8 9.7 .6 6.6 197.9 220.4 230.4 182 0 270.2 200.6 219.2 218.2 231.0 233.8 254.9 275.4 216.0 288.1 11, 133 12, 174 10 753 12 243 869 980 1 000 l'oi9 845 1,139 907 807 891 1 007 1 055 1,089 939 1,028 845 1,027 1 116 1 026 1 081 1,046 1 248 1 267 1,221 1,284 1,394 1,257 41,996 42 601 3,279 3 824 3,770 3 093 3 600 4 123 3,473 3 349 4 183 3 850 4 257 3,958 5,137 1, 134. 95 1, 079. 35 1, 024. 65 959 90 1, 353. 20 1,358 30 1,211.05 1, 238. 30 1,088 5 809 6 93.30 86.15 121. 30 109.60 942.6 97.75 81 85 12760 114.90 912 8 105.65 94.95 100.05 91.35 918.4 79.75 74 95 88.95 82.40 909.2 71.05 62 30 115 55 109.15 864 7 78.55 70.45 107. 75 100.90 835.5 97.60 88 60 103. 55 96.50 829.6 110. 15 98 55 130. 15 122. 65 809.6 91.20 76.00 86.45 82.80 814 3 93.15 83.15 97.70 90.60 809.8 115. 90 100 85 105 30 94.70 820 4 '182.35 ' 173. 60 '101.10 ' 91. 95 ' 901. 6 113. 45 99.10 98.90 89.20 916.2 286. 65 248. 15 452. 75 406.90 228.3 394.75 360.55 368 60 324. 45 254.5 22.50 18.15 29.10 25.50 188.7 28 80 25.70 34 30 28 55 183.2 29.75 27.30 26.95 23.50 186.0 26.75 23.40 32.90 30.40 179.9 22.75 20.90 26.90 24.95 175.7 56.35 54.10 32.90 29.15 199.2 80.20 76.70 26.50 23.05 252. 9 39.55 33.90 37 95 33.75 254.5 36.30 32.75 28 30 25.85 262.5 45.70 43.10 32.80 28.70 275.4 45 75 40.70 33 55 30.85 287.6 »3778 7 92 8 * 453. 4 68.4 109 6 16.5 <45 1 4 4 4 *70.2 17 407 0 !986 2 146 2 21 1 120.3 19.3 i 501. 8 133 6 125.3 128.9 1 266 3 178.6 220.8 938. 4 1 203 5 '1,221.5 r 266.4 341 7 73. 0 45. 3 237. 0 56 8 * 79 3 ' 90. 20 ' 86. 95 '29.05 ' 25. 70 ' 348. 7 4 54.60 52.95 31.60 29.35 371.7 43. 1 * 88. 6 368 4 ELECTRICAL EQUIPMENT Radio sets, production© . _ _ 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.— 2,346 3,000 3,567 4,029 3,722 189.1 180.9 170.5 232.5 188.6 490.9 412.0 165.6 515.2 374.3 114.1 551.1 431.3 182.2 642.6 445.1 191.3 682.1 455.9 142.8 176 0 194.8 275 5 318 7 22 566 11,794 1,682 905 5 2 009 5 1, 105 1,272 651 712.0 690.1 59.4 57.0 47.5 205 206 Batteries (auto, replacement), shipments thous 32, 061 Household electrical appliances: Ranges, incl. built-ins, shipments (manufacturers'), domestic and export thous__ 1, 909. 7 Refrigerators and home freezers, output 1957-59=100-145.8 Vacuum cleaners, sales billed . . thous. . 5, 677. 4 Washers, sales (dom. and export) t do. - 4,376 0 Driers (gas and electric), sales (domestic and export) . , thous 2 642 3 1,790 2,083 2, 309. 8 196.3 187 5 165.6 6, 653. 1 4, 517. 9 156.1 464.6 330.2 2 861 8 21 698 10,881 «97.6 47.5 34, 960 6 96. 6 49.5 6 7.9 3.5 2,329 ' 2, 094 1,940 194.0 196.7 208.0 212.9 194.2 188.0 560.7 355.5 205.1 551.6 362.3 210.2 666.4 377.5 219.7 602.5 332.8 212.2 515.9 332.9 257 6 274 4 247 7 237 2 173 3 1,982 8 2 449 1,063 8 1, 150 1 769 960 1 714 8 2 085 1,002 « 1,235 146 1 190 0 1 532 r i 534 5 i 858 865 '845 51^057 '56.9 '60.6 '64.4 3,768 201.7 194 1 166.3 563.4 344.8 159.7 699.7 298.7 375 7 289.2 1 875 « 2, 415 876 5 1, 237 1 950 1,156 59.5 60.4 57.3 203 «8.7 4.4 2,680 3,673 55.8 208 87.9 4.7 68.1 4.0 88.9 4.4 59.0 205 8 9.0 4.8 67.2 3.7 68.9 3.9 '68.1 381 5 64.5 209 68.0 3.6 88.7 4.2 68.9 4.8 8 9.9 4.2 8 9.8 56 PETROLEUM, COAL, AND PRODUCTS COAL Anthracite: Production thous. sh. tons_. 12,256 960 918 926 1,021 1,000 11,631 853 1,016 988 1,014 917 900 880 1,038 926 Exports . do 53 49 14 595 33 68 75 48 518 47 17 37 18 39 76 Price, wholesale, chestnut, f.o.b. car at mine $ per sh. ton__ 12. 892 13. 813 13. 125 13. 125 13.475 13. 475 13. 825 14. 175 14. 175 14.955 14, 955 15.002 15,002 14. 708 Bituminous: Production thous. sh. tons__ 552, 626 '545,000 '49,605 '41,195 '42,586 '50,013 '47,700 '37,704 '44,611 '45,215 45,905 39,990 42, 425 46,870 48, 705 43,210 2 ' Revised. i Revised total; monthly revisions are not available. Total for 11 months. cf Effective with Apr. 1969 SURVEY, data revised back to Jan. 1966. 3 Reported year-end stocks. See BUSINESS STATISTICS. < For month shown. • Data cover fRevised series. Monthly data for 1956-66 are on p. 35 ff. of the Mar. 1968 SURVEY. 5 weeks; other periods, 4 weeks. « Excludes orders for motors 1-20 hp.; domestic sales of j Revised to include combination washer-driers. this class in 1968 totaled $108.6 mil.; May 1969, $10.1 mil. ? Effective 1st quarter 1967, ORadio production comprises table, portable battery, auto, and clock models; television tractor shovel loaders include types not previously covered and off-highway wheel tractors sets cover monochrome and color units. exclude types previously covered. s Data cover 6 weeks. SURVEY OF CURRENT BUSINESS July 1969 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 1968 Annual S-35 1969 1968 May June July Aug. Sept. Oct. Nov. Dec. Apr. Jan. Feb. Mar. 48,558 29,041 16,919 7,452 42,268 24,771 15,490 6,971 44, 410 38,584 26,304 22,383 16, 594 15,643 7,665 7,652 2,597 2,007 1,509 530 78,152 76,056 58,713 57, 018 19,291 18, 913 8,650 8,222 72, 416 54,762 17,569 7,422 77,054 58,267 18, 699 8,001 May June PETROLEUM, COAL, AND PRODUCTS—Continued COAL— Continued Bituminous— Continued Industrial consumption and retail deliveries, total 9 thous sh tons Electric power utilities do Mfg. and mining industries, total do Coke plants (oven and beehive) do Retail deliveries to other consumers 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 Exports _ do Prices, wholesale: Screenings, indust. use, f.o.b. mine $ per sh. ton._ Domestic, large sizes, f.o.b. mine do __ COKE Production: Beehive _ Oven (byproduct) _ Petroleum coke§__ Stocks, end of period: Oven-coke plants, total At furnace plants At merchant plants Petroleum coke. Exports thous. sh tons do . _ _ _ do _ do do do do do 480,416 '498,830 271, 784 294,739 191,066 ••188,450 92,272 ' 90, 765 39,275 22, 574 16, 173 8,257 "38,856 23,209 '15,123 ' 7, 958 471 '40,516 '41,458 '37,471 '39,636 '41,357 '46,472 25, 126 26, 530 22,850 23,764 24, 781 27,869 '14,879 '14,186 '13,624 '14,467 '15,196 '16,759 '7,938 '7,295 '6,646 '6,600 ' 6, 710 '7,302 17,099 15,224 475 465 681 943 1,357 1,339 1,830 93,128 69,737 23,212 10,940 85, 525 92, 171 93,487 64,168 68,213 69, 131 21, 169 23, 833 24, 183 9,537 11,994 11,633 89,404 66,417 22,801 10, 321 91, 492 67, 529 23,754 10, 545 96,220 70,633 25,372 11,209 91,966 68,880 22,885 9,540 90, 518 68,613 21, 725 9,554 85, 525 64,168 21, 169 9,537 179 188 125 173 186 209 215 201 180 188 148 125 85 88 49, 510 50,636 4,826 4,224 4,147 5,868 5,406 3,783 4,534 4,249 3,654 2,939 2,680 4,503 5.217 6.795 5.397 6.944 5.336 6.643 5.336 6.671 5.336 6.671 5.336 6.727 5,336 6.810 5.467 7.021 5.607 7.421 5.804 7.488 5.804 7.456 5.804 7.456 5.804 7.456 5.847 6.988 806 63,775 18, 187 774 62, 878 19, 038 82 5,692 1,572 72 5,468 1,561 64 5,453 1,636 60 5,045 1,692 51 4,633 1,627 46 4,613 1,622 48 4,669 1,577 48 5,137 1,651 43 5,177 1,481 42 4,873 1,482 52 5,297 1,675 60 5,312 1,674 53 5,523 5,467 4,961 506 1,364 710 5,985 5,637 348 1,239 702 4,525 4,152 373 1,219 54 4,336 3,992 344 1, 259 63 4,312 3,953 359 1,260 42 4,738 4,329 409 1,281 54 5,393 4,969 424 1,319 58 5,759 5,364 395 1,233 68 5,929 5,590 338 1,240 82 5,985 5,637 348 1,239 99 5,865 5,542 323 1,298 105 5,565 5,278 286 1,299 77 5,019 4,796 223 1,261 157 4,507 4,310 197 1,309 148 4,162 3,969 193 15, 367 3.02 3, 582. 6 93 14,426 3.06 3, 774. 4 92 986 3.05 324.1 92 1,205 3.05 310.2 91 1,320 3.06 328.1 93 1,162 3.06 328.5 93 1, 350 3.06 312.4 92 1,185 3.06 319.5 91 1,159 3.06 304.8 90 1,877 3.06 324.7 92 1,156 3.06 303.8 86 799 3.06 299.3 94 1,344 3.18 325.7 92 1,094 3.21 312.1 92 1,036 6,010 PETROLEUM AND PRODUCTS Crude petroleum: Oil wells completed Price at wells (Oklahoma) Runs to stills Refinery operating ratio __ number . $ per bbl mil bbl _ % of capacity All oils, supply, demand, and stocks: New supply, totalcf -Production: Crude petroleum _ Natural-gas plant liquids Imports: Crude and unfinished oils Refined products mil. bbl do do do. _ do Change in stocks, all oils (decrease,—). __ do 4, 656. 3 4, 921. 0 408.3 402.2 420.7 409.7 398.6 414.3 399.9 427.0 427.7 388.9 436.5 418.8 3,215.7 514.5 3,328.9 550.3 285.4 47.0 274.4 44.5 283.9 46.1 283.0 45.7 268.0 44.6 276.4 46.7 269.3 46.5 276.1 48.3 275.0 48.5 249.4 45.2 280.1 49.2 277.0 47.2 411.6 514.3 474.7 563.7 37.5 38.1 40.2 42.9 45.7 44.7 43.2 37.5 42.5 43.1 45.9 45.1 40.8 43.1 52.1 50.0 37.6 66.4 40.1 53.9 48.4 58.5 46.1 48.1 63.0 55.5 31.6 29.7 31.1 19.6 21.9 9.1 -5.8 -36.1 -61.2 -32.6 -2.0 17.4 do 4, 593. 3 4,872.8 378.6 372.0 389.8 393.9 375.8 406.8 406.8 463.3 490.4 421.7 438.3 402.8 do do do do do 26.5 85.5 4,481.2 1, 842. 7 100.1 1.8 83.4 4,787.6 1,955.8 103.1 .1 7.8 370.8 168.8 5.9 .2 7.5 364.2 166.4 4.8 (3) 7.0 382.8 180.5 4.3 .1 6.8 386.9 179.3 6.2 .1 7.4 368.3 159.8 6.6 .1 6.5 400.2 170.1 7.8 .4 6.6 399.8 158.4 10.5 .1 7.2 456.0 161.7 13.4 0 5.8 484.6 158.7 15.5 .2 6.1 415.3 145.2 11.9 .2 6.9 431.2 159.8 10.2 .1 6.7 396.0 168.6 5.8 do __. do ._ do 818.2 651.9 300.8 862.7 679.9 348.3 56.1 44.5 28.0 47.9 48.2 29.2 46.0 46.0 29.2 49.5 44.1 31.1 53.8 48.3 29.7 62.4 50.9 32.9 76.4 57.6 28.6 106.7 71.4 29.4 116.0 85.4 28.9 94.9 69.5 26.2 88.0 71.2 30.6 66.9 58.6 28.7 do do do 44.1 131.1 344.5 48.2 141.1 385.7 4.4 13.1 27.5 3.7 16.2 25.4 4.3 19.9 28.1 4.1 20.0 27.8 4.0 17.5 27.1 4.4 17.0 32.9 3.8 9.0 36.4 3.9 5.5 42.7 3.7 4.0 52.1 3.6 5.1 39.1 4.0 5.7 38.2 4.2 9.3 31.6 Stocks, end of period, total t do Crude petroleum do Unfinished oils, natural gasoline, etc . do Refined products do 2944.1 249.0 296.0 2599.2 999.6 272.2 98.9 628.5 930.2 262.0 106.8 561.4 959.9 264.9 104.2 590.8 991.0 1, 010. 5 1,032.5 1, 041. 5 265.8 266.4 262.8 266.3 104.2 102.7 98.4 101.5 621.0 641.5 671.2 673.7 1 r»OK 7 271.6 99.9 664.2 999.6 272.2 98.9 628.5 938.3 279.5 96.0 562.8 905.7 904.7 264.2 265.3 99.4 '100.6 541.1 '539.9 922.1 273.2 106.6 542.3 1,845.8 4.9 208.0 1,940.0 2.3 211.5 160.7 .3 203.1 162.3 .1 201.0 170.3 .2 193.1 166.6 .2 193.2 162.4 .1 198.9 172.9 .1 211.5 159.2 .1 214.5 151.6 .1 222.6 163.9 (3) 229.2 154.3 .2 216.6 Demand, total Exports: Crude petroleum Refined products Domestic demand, total 9 .. _. Gasoline _ Kerosene ._ Distillate fuel oil Residual fuel oil Jet fuel Lubricants Asphalt Liquefied gases Refined petroleum products: Gasoline (incl. aviation): Production _ Exports Stocks, end of period do do do Prices (excl. aviation): Wholesale, ref. (Okla., group 3) $ per gal._ .113 .108 .115 .117 .115 Retail (regular grade, excl. taxes), 55 cities (1st of following mo.) $ per gal.. .232 .230 .226 .230 .231 Aviation gasoline: Production mil. bbl 2.8 3.1 31.6 2.5 37.1 Exports __ do 2.1 .2 .2 4.0 .1 Stocks, end of period do 6.6 6.4 6.4 7.9 7.0 Kerosene: Production . do 8.2 7.0 100.4 101.6 6.9 Stocks, end of period do 23.5 25.7 25.4 20.9 23.0 Price, wholesale, bulk lots (N.Y. Harbor) $ per gal.. .113 .110 .115 .115 .115 T Revised. 1 2 Annual total reflects revisions not distributed to the month ly data, Seen ote "V for this page. 3 Less than 50 thousand barrels, cf Includes small amounts of "other hydrocarbo ns and h ydrogen r efinery i nput," ilot shown separately. 1[ Beginning 1967, data reflect change in reportinjI to show all stock s of unfinished oils, natural gasoline, plant condensate. and isooentane aj> one item , and stocks of "firlished pr od- 170.3 .1 186.1 167.2 .2 195.1 .115 .115 .110 .110 .110 .115 .113 .123 .118 .234 .234 .228 .226 .235 .235 .233 .244 .242 2.7 .1 6.3 3.0 .2 6.3 3.0 .2 6.7 2.4 .1 7.0 2.3 .1 7.0 1.5 (3) 6.5 1.7 .1 6.5 2.7 (3) 6.6 7.6 27.2 7.5 28.0 8.7 28.7 8.7 27.1 9.9 23.5 11.3 19.4 11.0 18.6 10.4 18.9 2.0 .1 6.0 7.2 20.3 .245 .115 .111 .111 .111 .111 .111 .111 .111 .111 ucts" '<as anoth<jr (both items inc;lude sto<3ks at relIneries, rlatural g as processing plants, terminals , and bu Ik static tis). Also , as a result of inc reased cc verage iii certain bulk terminals stocks of distill ate and residual fuels are on a ne>y basis. Dec. 196 5 data ori new basis (mil bbl.): Total sto cks, 881.1 ; distillate, 158.1; residual 63.9. 9 In eludes dsita not sh own sep arately. § Incluides nonrnarketab le cataly st coke. SURVEY OF CURRENT BUSINESS S-36 May Annual 1969 1968 1968 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS July 1969 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. 66.4 '6.0 .1 106 6 74.0 '7.0 .1 96.6 66.7 3.5 .1 99.8 Mar. Apr. May June PETROLEUM, COAL, AND PRODUCTS—Continued PETROLEUM AND PRODUCTS— Continued Refined petroleum products— Continued Distillate fuel oil: Production mil. bbl Imports do Exports . do Stocks end of period do Price, wholesale (N.Y. Harbor, No. 2 fuel) $ per gal Residual fuel oil: Production mil. bbl Imports do Exports do Stocks, end of period. ._ _ do Price, wholesale (Okla., No. 6) $ per bbl 804 8 18 5 4.3 i 159 7 840 7 36 6 1.8 173 2 68 8 2 0 2 115 8 69 1 2 5 1 139 5 71 7 29 1 168 1 70 5 22 .1 191 4 66 1 26 4 206 0 66 0 22 .1 211 8 66 1 25 .1 204 0 71.2 4.7 .1 173.2 69.4 •7.3 .1 130.6 .100 103 105 105 105 105 101 .101 .101 .101 .101 .101 .101 .101 25.3 '41.4 1.7 57.2 1.45 23.6 38.8 1.1 60.2 1.45 276 0 395 9 21.9 165.6 1 47 275 8 421 6 20 0 67.4 1 40 22 7 27 8 2 2 66 9 1 45 19 7 30 9 2 2 67 6 1 45 21 2 30 4 12 72.4 1 35 21 4 24 7 19 74.3 1 35 19 4 31 3 13 75.8 1 35 20 4 32 6 13 76.9 1 35 23 7 31 8 1.0 74.0 1.35 27.6 38.3 1.5 67.4 1.35 27.9 54.5 1.7 63.0 1.60 25.1 42.6 1.7 59.9 1.60 273 2 22.2 314 3 24 3 27 5 25 2 24 8 23 6 26 9 24 8 27 5 24 4 27 4 25 1 29 3 24 8 25 8 24.8 25.9 24.3 24.5 22.9 25.4 24.9 26.8 25.6 27.5 26.8 64.9 18.7 14.8 65 7 18 2 14.0 57 16 14 4 53 16 14 4 55 19 13.6 57 15 13.8 56 18 13.5 58 13 13.7 55 1.7 13.8 5.4 1.3 14.0 4.7 1.9 13.9 4.4 .8 13.8 5.6 1.4 14.0 5.5 1.4 13.9 .270 270 270 270 270 .270 .270 .270 .270 .270 .270 .270 .270 .270 mil bbl do 127 8 19.9 135 5 20.1 13 0 27 8 14 2 26 9 15 3 23 0 15 7 19.1 14 8 17.2 14 0 15.0 10 9 17.4 78 20.1 5.5 21.9 62 24.4 85 27.3 10 2 28.4 Liquefied gases (inch ethane and ethylene): § Production, total mil. bbl At gas processing plants (L.P.G.) do At refineries (L. E.G.) do Stocks (at plants and refineries) do 438 1 326 6 111 5 64 2 469 3 351.3 118 1 76.2 40 8 29*8 11 0 68 4 37 27 10 75 5 5 0 4 39 1 29.0 10 1 81 1 39 1 28.6 10 5 86 6 38.4 28.6 98 91.9 39.3 30.0 93 90.8 39.2 30.3 89 85.5 41.6 31.8 9.8 76.2 40.9 31.8 9.1 58.4 38.9 29.8 9.1 52.5 43.0 32.5 10.5 51.7 41.4 31.1 10.5 57.2 Asphalt and tar products, shipments: Asphalt roofing total thous squares Roll roofing and cap sheet do Shingles, all types do 76 500 30, 509 45 991 77 984 31, 032 46 952 7 061 2 577 4 434 8 212 2 9957 5 55 8 020 3,000 5 020 8 086 3,169 4 917 8 343 3,346 4 997 8 497 3,375 5,122 6 110 2,549 3,562 4 538 1,972 2 567 4 612 2,001 2 611 5 022 2,160 2,862 5,159 2,189 2,970 468 445 876 422 411 886 29 44 78 36 45 81 31 43 77 41 46 81 44 42 82 55 53 89 48 28 70 29 19 62 32 10 64 24 13 70 Jet fuel (military grade only) : Production Stocks, end of period mil. bbl do Lubricants: Production do Exports _ do Stocks, end of period.-- _ _ do Price, wholesale, bright stock (midcontinent, f.o.b., Tulsa)—. $ per gal Asphalt: Production Stocks, end of period. _ _ Asphalt siding. _ Insulated siding Saturated felts. - do do thous. sh. tons r r r 6 136 2, 473 3, 663 7 438 2,810 4 628 22 23 68 '26 34 '73 33 34 82 PULP, PAPER, AND PAPER PRODUCTS PULPWOOD AND WASTE PAPER Pulp wood: Receipts thous. cords (128 cu. ft ) Consumption do Stocks, end of period do Waste paper: Consumption.. thous. sh. tons Stocks, end of period. do WOODPULP Production: Total, all grades .._ thous. sh. tons Dissolving and special alpha do Sulfate. __ do Sulfite do 257 219 2 55 773 6 825 57 155 58 358 5 031 4 795 5 060 4 776 4 823 4 932 4 766 4 973 4 755 5 017 5 047 5 021 5 008 4 933 4 733 5 274 5 337 5 235 5 398 4 804 5 099 5 127 4 566 4 738 5 031 4 860 5 153 4 671 4,666 4,829 4,458 5 057 5 387 4 254 4.845 5 050 4 092 2 9 888 826 10 292 586 899 518 870 493 761 535 885 510 850 513 929 548 858 544 798 586 882 584 827 580 931 570 906 583 36, 660 2 1 448 223 925 2 2 563 37, 903 1,725 24 308 2 508 3 277 164 2 076 217 3,207 132 2 078 213 2 997 131 1 913 191 3 290 150 2 113 209 3 053 133 1 953 197 3 360 151 2 180 214 3 190 166 2 074 204 2 898 142 1 803 191 3 249 157 2 HO 'l88 3,049 131 1,979 189 3 418 156 2 251 206 3 433 124 2 344 189 23 gyg 2 1 460 3, 385 4 237 « 1 540 3,584 368 133 319 359 128 297 340 131 291 363 137 318 344 128 298 363 136 316 355 104 287 345 130 286 361 131 303 333 128 288 364 134 308 347 129 298 2 Groundwood Defibrated or exploded— . Soda, semichem., screenings, etc... _ Stocks, end of period: Total, all mills. Pulp mills Paper and board mills .Nonpaper mills do do do do 863 365 418 80 741 278 376 86 795 339 382 73 838 369 397 73 797 323 404 71 801 344 383 74 746 315 364 67 787 346 371 70 775 339 367 68 741 278 376 86 771 322 374 75 807 331 396 79 815 313 422 80 864 336 444 84 Exports, all grades, total Dissolving and special alpha . All other.. _ _ _. do do do 1 710 607 1 102 1,902 671 1,231 172 66 106 127 39 87 179 49 130 176 72 103 163 66 97 128 32 96 165 65 99 191 64 128 113 31 82 125 37 88 169 67 102 178 74 104 212 70 142 do do do 3 162 265 2 898 3 540 302 3 238 305 23 283 311 20 290 292 23 270 283 23 261 258 26 232 304 27 277 299 19 280 346 38 308 289 22 267 324 18 305 313 26 288 354 27 328 331 23 308 46, 893 220 703 2 222 346 146 2 3, 697 49,444 22 122 22 821 '142 4,358 4,220 1 905 1 923 13 379 4,159 1 849 1 938 13 360 3,873 1,733 1 774 10 355 4,197 1 834 1 966 11 386 4,017 1 810 1 808 12 386 4,436 1 975 2 044 12 406 4,108 1 843 1 889 10 366 4,100 1 829 1 926 10 334 4,433 1 995 2 093 12 333 4,212 1 874 2 025 12 301 46, 074 50, 027 4,227 4,252 3,940 4,269 4,074 4,534 4,158 3,838 ' 4, 480 101 9 117.6 95 0 91.9 101 4 119.6 92 2 92.8 101 9 119.4 91 7 92.3 101 9 119.4 90 6 92.3 101 9 120.5 90 6 92.3 100 6 100 6 100 6 100 6 102 7 102 7 102 7 120.5 121.0 121.0 121.0 121.0 121.0 121.0 121.0 90 6 90 9 91 4 91 0 91 0 92 6 92 2 93 6 92.3 93.5 94.8 93.7 93.8 97.3 98.2 99.6 §Data have been restated to include production and stocks for excluded). Imports, all grades, total . Dissolving and special alpha. . All other. . _ do do do 2 PAPER AND PAPER PRODUCTS Paper and board: Production (Bu. of the Census): All grades, total, unadjusted. __thous. sh. tons Paper... _ _ _ _ _ _ _ _ d o Paperboard.. do Wet-machine board do Construction paper and board do New orders (American Paper Institute): All grades, paper and board do Wholesale price indexes: Printing paper _ _ _ _ 1957-59-100 Book paper, A grade do Paperboard- _ _ _ _ do Building paper and board.. do 2 p 'Revised. Preliminary. "Corrected. 1 See note "1" for p. S-35. 2 Reported annual total; revisions not allocated to the months. 4 676 p 4, 501 2 051 P 1 950 2 236 v 2 155 v 12 12 P384 377 ' 4, 245 ' 4 692 p 4,598 102 7 121.0 93 5 100.4 chemical use (formerly SURVEY OF CURRENT BUSINESS July 1969 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1969 1968 1968 Annual S-37 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. June PULP, PAPER, AND PAPER PRODUCTS—Continued PAPER AND PAPER PRODUCTS— Con. Selected types of paper (API): Fine paper: Orders, new thous. sh. tonsOrders unfilled end of period do 2,645 157 2,876 216 255 208 243 223 232 217 226 208 229 226 243 223 237 226 210 216 r ••274 243 ••260 ••244 do do 2 659 2,658 2,861 2,834 249 248 242 240 221 224 233 225 226 225 260 253 239 223 235 235 '264 ' 265 ••247 do do 6,335 449 6,865 502 586 504 577 539 554 546 564 506 560 528 635 541 541 495 533 502 r '594 498 do do 6,332 6,332 6,737 6,737 580 580 572 572 526 526 566 566 557 557 615 615 552 552 557 557 do do 4,678 214 5 012 264 441 231 418 262 380 236 425 251 437 299 441 275 421 282 do do 4,753 4,685 4 992 4 931 432 427 410 396 379 380 409 414 419 421 425 424 do do do 8,051 7,968 268 8 031 8 096 203 711 756 343 689 705 327 693 617 402 639 634 408 576 622 362 do do do 2,620 2,602 39 2 935 2 946 27 265 267 47 256 254 49 240 244 46 253 247 51 Consumption by publishers^ do Stocks at and in transit to publishers, end of period _ _ thous. sh. tons 6,907 7 025 622 579 509 633 626 623 681 Imports _ _ _ _ do Price, rolls, contract, f.o.b. mill, freight allowed or delivered $ per sh ton 6,599 6 462 581 544 542 505 451 568 514 636 139 95 141 40 141 40 141. 40 141 40 141 40 141 40 141 40 141 40 141 40 444 618 439 87 454 869 480 488 778 489 91 510 826 489 433 847 421 513 877 497 470 895 469 536 921 512 511 966 502 454 869 518 Paper products: Shipping containers, corrugated and solid fiber, shipments _ _ _ __ mil. sq. ft. surf, area 162.596 173.834 15,249 14,184 13,569 15 390 15 348 17 156 15 123 Folding paper boxes, shipments, index of physical volume. 1947-49-100 r 134 5 138 0 139 0 130 6 130 4 144 9 141 8 161 2 136 1 Production Shipments Printing paper: Orders, new Orders, unfilled, end of period Production Shipments _ _ Coarse paper: Orders, new _ _ Orders, unfilled, end of period 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 _ Paperboard (American Paper Institute): Orders, new (weekly avg.) thous sh tons Orders, unfilled § do Production, total (weekly avg.)- - do Percent of activity (based on 6.5-day week) 630 r '271 239 P 272 J> 260 r '258 258 P 259 v 259 ' 557 '557 ' 622 '522 v 574 P 544 r 592 r ••551 592 '551 ' 619 ' 619 v 585 v 585 392 264 '463 ••422 ••282 '471 ' 294 J> 445 f 279 430 422 412 413 r 443 r 444 ••428 '471 ' 464 p 447 v 443 719 760 320 702 761 262 683 742 203 710 644 268 681 615 334 743 726 351 690 684 358 748 794 311 240 240 52 257 259 50 248 255 43 233 249 27 275 265 38 252 251 38 279 274 44 265 262 47 277 269 55 559 599 645 652 630 564 641 638 616 661 704 659 660 628 633 644 655 673 662 678 489 510 532 567 532 146 10 146 10 146 10 146 10 467 894 509 530 943 512 556 523 534 528 1 009 1 042 1,032 509 534 1 035 528 13 861 14 884 14 141 15 474 15 796 16, 056 142 2 132 4 131 2 134 8 136 7 v 141 9 46 79 107 76 49 58 50 41 98 00 21 81 46 40 92 15 49.00 50 01 104 71 59 78 49 5g 107 10 54.39 48.90 .231 .259 .270 .260 r 272 r 248 r 423 529 RUBBER AND RUBBER PRODUCTS RUBBER Natural rubber: Consumption thous Ig tons Stocks , end of period do Imports, incl. latex and guayule _ do Price, wholesale, smoked sheets (N.Y.)._$ per lb._ Synthetic rubber: Production.. Consumption Stocks, end of period thous Ig tons do do Exports (Bu. of Census) 581 86 107 76 540. 17 50 23 92 64 42.72 46 83 92 07 36 73 .199 .198 .186 .213 .208 .210 .201 .215 .228 .228 .221 1 911 87 2 131 10 184 77 1 628 26 1 '894*38 162 52 369 94 369 98 354 33 173 42 153 30 364 32 171 50 135 69 375 64 178 63 154 °3 374 65 172 89 158 66 361 12 178 43 178 96 347 40 180 62 161 76 347 01 183 03 154 71 369 98 181 63 169 39 379 54 174 97 163 32 388 14 193 14 173 90 392 56 186 22 162 95 400 97 41 42 99 57 51.26 46 83 103 02 46 06 49 70 107 19 63 30 54 57 104 69 36 24 48 97 99 79 43 69 do 299.80 291 03 27 39 21.23 23.67 30 71 37 76 13 86 18 28 18 77 4 50 7 03 13 55 25.03 do do do 243 65 239 27 28.40 257 22 250 43 29 58 22 84 21 86 28 95 21 28 20 70 29 00 17 72 15 90 29 46 19 75 19 10 30 26 20 33 20 19 29 87 22 66 22 42 29 78 20 19 19 86 29 64 19 88 19 15 29 58 21 71 21 32 29 76 20 22 21 02 30 42 22 12 21 90 30 43 21 69 20 76 31.72 thous 163, 192 203 052 17, 930 16, 683 14, 429 15 694 16 506 18 695 16 831 16 186 18 081 17 170 18 269 17 283 16,882 Shipments, total Original equipment Replacement equipment Export.. . do do do do 172 939 47 733 123, 085 2,121 199 58 137 3 337 365 779 193 19 059 5 603 13, 025 18 427 5 265 12, 782 15 782 2 986 12, 561 15 235 2 542 12 399 18 226 5*305 12 514 19 623 5 679 13 681 15 450 5 899 9 372 87 112 17 095 5 212 11 645 20 046 4 966 14,860 178 15 223 5 062 10 074 14 160 4 551 9 497 264 13 832 4 898 8 743 238 219 18,006 4 744 13, 077 185 Stocks , end of period Exports (Bu, of Census) do do 34 782 1,450 42 127 2 518 41 817 40 689 39 485 39 969 38 719 37 930 39 698 42 127 45 124 48 469 50 365 48 131 47 433 203 191 174 do do do do 39 775 41 691 11 005 43 791 43 957 11 828 1 390 3 770 3 675 11 744 3 491 3 595 12 437 3 428 3 658 12 442 3 474 4 094 3 900 4 230 11 146 11 489 ' 132 109 3 277 3 031 11 828 3 899 4 720 11 203 ' 73 3 584 3 466 11 190 3 756 3 602 11 546 3 562 3 600 11 586 3 402 3 458 11 871 Reclaimed rubber: Production. Consumption _ _ Stocks, end of period. _ 488 S5 111 66 452. 80 _ _ .268 23.22 TIRES AND TUBES Pneumatic casings, automotive: Production . _ Inner tubes, automotive: Production Shipments Stocks, end of period Exports (Bu. of Census) 849 431 280 120 381 416 3 492 3 574 11 917 83 235 185 3 093 3 440 11 518 ' Revised. P Preliminary. o? As reported by publishers accounting for about 75 percent of total newsprint consumption. 92 294 254 115 407 397 266 245 157 190 144 87 53 86 51 118 115 130 § Monthly data are averages for the 4-week period ending on Saturday nearest the end of the month; annual data are as of Dec. 31. July 1969 SURVEY OF CURRENT BUSINESS S-38 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 Annual 1969 1968 1968 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 39, 271 June STONE, CLAY, AND GLASS PRODUCTS PORTLAND CEMENT Shipments,finishedcement . thous. bbl 374,017 '397 343 37,389 36, 876 41, 763 44, 106 39, 855 45, 358 30,954 22,760 19,088 20,096 26,106 34,646 734 9 15 8 159 7 687.1 16 8 154 2 727 2 16 9 165 7 708 1 18 2 168 5 672 0 18 3 169 6 741 0 17 1 170 3 603.3 15 3 128 7 489.3 16 5 110 4 430.7 16 6 96 0 467.2 18 9 108.5 ••601.0 r 22 0 r 133 6 697.3 23 8 153 5 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 7 117 4 234 5 1 572 2 7 534 0 192 5 1 705 5 240 1 220 6 18 8 17 4 19 0 17 8 18 8 21 0 18 2 20 2 17 2 14 9 17 3 17 1 257 5 274 5 25 2 24 3 22 4 24 5 23 9 24 5 21 2 20 2 23 0 21.7 24.8 25 1 113.4 117 1 116 1 116 5 116 8 117 6 117 6 118.1 119.6 120.2 120.4 . 120.5 120.5 122.2 GLASS AND GLASS PRODUCTS Flat glass, mfrs.' shipments thous. $ Sheet (window) glass, shipments Plate and other flat glass, shipments Glass containers: Production do do . Medicinal and toilet Chemical, household and industrial Dairy products Stocks, end of period. .. 131 567 200 500 r !39 r 391 248 078 90,523 98, 192 ••108,776 29,684 60,839 35 843 62 349 r 117, 772 39,560 78, 212 39 539 '69 237 225 579 (t\ 20 992 21 757 21 909 23 054 21 368 22 870 21 120 19 921 22 370 19 362 23 205 21 056 22,441 228 766 (*) 18 666 20, 017 21 322 23 576 20 034 20 902 18 705 20 795 18, 627 17, 851 20,801 r 20 973 21,242 23 631 m 1 930 1 886 2 365 3 473 2 681 2 252 1 575 1 698 1 858 1 737 2 174 r I 882 1,876 57 852 (6) 4 066 4 524 4 864 5 826 4 763 5 591 4,983 5,017 4,703 4,311 4,546 r 4 598 4,580 do do do 38 185 44 501 19 459 (6) (6) (6) 3 980 4 331 1 323 4 519 4 577 1 465 4 684 4 983 1 349 4 387 4 781 1 591 3 609 4 081 1 637 4 190 3 373 1,802 3 882 3,268 1,586 5 113 3,506 1,673 3 454 3, 617 » 1,557 3 386 3,406 1,513 4 226 4,328 1,818 4 665 4 586 r i 743 5,098 4,573 1,598 do do do 38 516 5 664 958 (8) (6) (6\ 2 638 356 42 2 649 339 58 2 696 324 57 3 065 387 66 2 810 390 63 3 189 440 65 2 934 417 60 3,237 483 68 2 996 380 62 3,064 386 48 3,220 434 55 r 3 075 r 379 45 3,103 366 48 do 22 546 23 518 18 407 19 936 20 324 19 594 20 709 22, 463 24 626 23, 518 27, 146 28, 512 30, 798 r 30 700 31,680 4,722 9 393 5,454 10 018 1,402 2 538 1,604 2 720 1,379 2 566 1,022 2 189 do 7 879 8 844 2,248 2,420 2,172 2,208 do do 4 511 293 4 935 301 1,469 78 1,352 76 1,257 74 692 78 do do 561 813 536 778 139 196 145 213 121 186 119 165 949 7,089 243 999 8 283 269 251 2,097 73 287 2,365 80 235 2 017 64 222 2,025 67 thous gross Shipments, domestic, total do General-use food: Narrow-neck food do Wide-mouth food (incl. packers' tumblers, jelly glasses, and fruit jars) thous gross Beverage. _ Beer bottles.. Liquor and wine.. 332 057 r387 469 r GYPSUM AND PRODUCTS (QTRLY) Crude gypsum, total: Imports Production thous. sh. tons.. do Calcined, production, total Gypsum products sold or used, total: Uncalcined uses.. In dust rial uses _ . Building uses: Plasters: Base-coat Allother (incl. Keene's cement) Lath Wallboard Allother.__ . . mil. Sq. ft. do do TEXTILE PRODUCTS WOVEN FABRICS Woven fabrics (gray goods), weaving mills: Production, total 9 mil. linear yd Cotton ._ do Manmade fiber _. _ do 11, 983 8 263 3 493 11, 652 7 452 3 978 939 604 315 932 592 320 2 888 2 558 2 311 907 573 317 911 576 320 2 1 130 2 709 2 403 914 570 329 805 511 280 2 1,115 2689 2 405 915 581 317 582 2 698 Stocks, total, end of period 9 <f Cotton. Manmade fiber _ _ do do do 1 317 837 465 1 201 705 482 1 225 775 435 1 250 778 457 1 228 748 466 1 235 756 466 1 225 749 463 1 192 715 464 1 177 711 452 1 201 705 482 1 171 683 475 1 128 646 468 639 635 Orders, unfilled, total, end of period 9 If Cotton Manmade fiber do do do 3 190 2 060 1,045 2 878 1 635 1 162 2 892 1 651 1 142 2 948 1 gQ8 1 241 2 974 1 640 1 236 2 909 1 596 I 224 2 768 1 500 1 180 2 864 1 575 1 212 2 889 1 616 1 193 2 878 1 635 1 162 2 790 1 596 1 110 2 798 1 572 1,130 1 628 1 633 7 439 10 917 7 374 1 416 5 955 9 164 7,458 9 215 10, 948 8 568 692 682 2 670 665 643 2 813 658 577 2 806 647 «10,948 664 2 792 661 14 563 14 472 1 509 11 369 1,594 91 12 964 12 912 1 534 9 807 1 571 ' 52 8 588 8 529 628 5 813 2 087 59 7 633 7 580 616 5 037 1 927 54 6 448 6 402 300 4 277 1 825 46 16 575 16 517 11 085 3 777 1 655 58 15 720 15 665 10 339 3 819 1 507 55 14 636 14 575 6 268 6 890 1 419 59 13 796 13 746 3 360 8*839 1 475 56 12 964 12 912 1 534 9 807 1 571 52 12 Oil 11 963 930 9 312 1*721 48 11 492 11 446 979 8 626 1 823 45 10 713 10* 672 *866 7 934 1*872 ' 41 9 571 9 531 931 6 762 1 838 40 8 205 8 171 429 5 920 1,822 34 COTTON Cotton (exclusive of linters): Production: GinningsA _. thous. running bales Crop estimate, equivalent 500-lb. bales thous. bales Consumption do Stocks in the United States, total, end of period thous. bales Domestic cotton, total _ do On farms and in transit.. do Public storage and compresses do Consuming establishments do Foreign cotton, total do r 2 Revised. 1 Reported annual total; revisions not allocated to the months. Data 3 cover 5 weeks; other months, 4 weeks. Ginnings to Dec. 13. * Ginnings to Jan. 16. r for the year 1968 6 Data not !iP ?P, . available owing to lack of complete reports from v the industry. 9 Includes data not shown separately. 3 10 030 4 5io 917 10 833 d"Stocks (owned by weaving mills and billed and held for others) exclude bedsheeting, toweling, and blanketing, and billed and held stocks of denims. TfUnfilled 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 CURRENT BUSINESS July 1969 1967 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1968 S-39 1969 1968 May Annual June July Aug. Sept. Oct. Nov. Dec. Jan. Mar. Feb. Apr. May June TEXTILE PRODUCTS—Continued COTTON— Continued Cotton (exclusive of linters)— Continued Exports thous. bales.. Imports . do. _ Price (farm), American upland cents per lb.__ Price, middling 1", avg. 12 markets 1 do Cotton linters: Consumption _ _ thous. bales.. Production do Stocks, end of period do COTTON MANUFACTURES Spindle activity (cotton system spindles): Active spindles, last working day, total Consuming 100 percent cotton _ ... Spindle hours operated, all fibers, total Average per working day Consuming 100 percent cotton 3,973 3,870 9 95 383 3 277 2 357 2 i 25. 4 124.8 21. 9 »23.4 21.6 24.9 21.1 24.8 21.5 24.9 1,080 1,107 90 92 169 977 617 998 405 41 492 27 436 276 1 21.6 22.7 77 92 20.2 13 6 10. 5 .419 26.8 20 2 13 5 10.1 .504 6 6 20 2 13 3 99 .495 6 5 1 040 1 039 1 037 12 1 16 8 12 4 5.3 6.8 20.1 13 7 10.3 .516 7 0 20 1 13 6 10.3 .513 68 Cotton yarn, price, 36/2, combed, knit . $ per Ib Cotton cloth: Cotton broad woven goods over 12" in width: Production (qtrly.) _ . - . .. mil. lin. yd-Orders, unfilled, end of period, as compared with avg. weekly production . No. weeks' prod Inventories, end of period, as compared with avg. weekly production. .No. weeks' prod-Ratio of stocks to unfilled orders (at cotton mills), end of period, seasonally adjusted- ... .942 1.049 1 040 1 040 8,278 7,466 15.4 13 8 12 3 5.2 5.3 5.2 2 1,930 2 114 93 568 5 363 6 20.6 22.0 20.1 21.9 91 2 115 80 97 170 460 142 498 129 539 20 2 13 3 12.5 .502 2 83 20 0 13 1 20 0 13 1 9.9 .495 .431 56 79 .490 6 4 19.9 13.1 10.1 .505 6.5 19 9 13 0 212.2 .488 2 20 0 13 1 8.6 1 032 1.032 1.032 1 032 12 4 12.4 13 8 13 2 5. 1 5.0 5.3 .40 21.5 35.6 2 9.8 11 6 5.3 40 42 42 40 42 44 41 256.0 555.4 22.7 40.0 17.6 42 8 17.9 38 0 20.5 53 6 29.8 54 3 17.5 48 6 25.5 43.8 37.75 75.60 7 61. 45 37.73 893.25 64.40 37 30 92.91 63.85 37 73 94 40 62.84 38 00 890 13 63.69 37 85 90.58 64.04 38 10 91 72 62.24 39 03 93 31 60 31 40.80 95.20 60.51 * 18. 4 17.3 18.6 17 0 18.9 17.0 18.4 17.3 18.4 17 5 18 4 17.5 18.4 17 5 18 4 17.8 18.4 1.032 1 027 12 4 12.6 13 2 12 3 5.2 5.0 5.1 5.0 43 43 .41 39 40 8.0 15 9 15.4 29 2 35.3 60.2 29.6 71.2 33.5 47 0 42 02 42 53 98.55 3109 27 60.68 58.60 43 08 109 24 55.01 42.92 107. 86 55.15 42.71 108.08 58.70 42 73 108.30 60.94 18 8 18 4 18.5 18.4 18 5 18.4 5.6 17.8 18.4 17 8 18 4 1 393.5 218.9 198.7 1 362.9 203.4 190.4 1 649.5 1, 538. 0 402 7 409.7 359.6 99 6 422 5 391.5 101 8 442.4 421.1 112.4 440.5 419.9 108.7 .61 .85 .61 .84 8,509 8 583 5 485 17, 480 8,396 9 185 6 124 18, 376 5 573 6 200 4 026 16, 599 8,812 10,040 3,614 15, 804 8,486 11 798 4 937 19, 925 67.0 59.3 154.6 158.8 41 5 168.3 183.4 44 4 194.3 210.9 47.3 232.9 215.8 49.1 .61 .87 1.43 .61 .88 .61 .87 61 88 61 88 .61 .88 1 52 '5,276. 5 '1,826. 4 '768.4 '364.7 '2,757. 6 '1,310.1 ' 449. 1 ' r191. 8 89. 7 ' 684.3 '1,288.9 ' 444. 3 178.8 89.9 ' 678. 2 '1,388.2 ' 473. 7 194.5 96.7 ' 739. 1 600.2 '1,195. 6 680.2 '1,754. 2 173.5 ' 435. 5 158.6 ' 436. 7 170.1 ' 468. 2 ' 427. 9 ' 466. 8 ' 121. 6 ' 110. 2 '118.4 mil. Ib do do _ do 228.7 83 9 187 3 78 2 238 91 249 119 $ per lb_. do do 1.215 910 1.153 1.207 840 1.180 1.208 820 1.175 92.6 91.0 90.7 238 6 '243 3 19 7 21 8 3 2 2 2 9,048 12 366 3 548 13, 929 59.4 59.0 '4,265.5 1, 620. 4 754.0 5324.2 '1,999.9 3 4 4 6 4,237 6 807 2 900 5,767 49.1 52.4 1 42 1 43 5 231 5 497 2 416 4,804 33.9 47.2 .61 .85 1 43 2 1 43 1 43 1 42 2 1 42 19 9 19.0 25 3 14 0 19 2 9 7 17 7 20 12 1.220 820 1.175 1.220 820 1.175 1.220 850 1.175 1.210 840 1.175 1.215 864 1.191 1.245 880 1.195 90.7 91.0 91.7 91.8 92 4 93.4 19 7 19 10 8 2 o 3 274 7.2 22 8 17 9 2 5 8 7 2 17 7 16 9 0 1 4 0 56.7 68 8 100.5 100.9 101.7 100.8 101.1 2 3 'Revised. 'Season average. For 5 weeks, other months, 4 weeks. Beginning July 1968, average omits one cloth (July 1968 margins comparable with earlier data, 95.52 cents per pound); beginning Jan. 1969, the average omits two cloths previously included 4 5 (Dec. 1968 margins comparable with new data, 107.87 cents). For 10 months. Revised total; revisions not distributed by months. » Less than 500 bales. ' Avg. for 5 8 months, Aug.-Dec. Avg. for 6 months, July-Dec. • Season average to Apr. 1, 1969. IFor the period Se.pt. 1967-Feb. 1968, 14 markets; beginning Mar. 1968, 12 markets. 8 i 6 5 101.1 101.1 19.9 13.1 10.1 .505 1 032 1 3009 204.7 180.4 8,516 9 381 5 584 15, 165 19.9 13.0 .486 28.0 1 228 9 183 3 176.7 8,011 9 134 5*650 14, 474 98 506 6.6 5 134.5 805.2 739.1 8,156 12 338 5 921 16, 848 90 113 525 212.1 21.2 21.9 6.7 1,792 268.1 527 0 Exports: Yarns and monofilaments thous. lb_. 5 88, 831 96, 390 Staple, tow, and tops _ _ _ _ do 78 293 108 253 Imports: Yarns and monofilaments do 28,194 s 59 303 Staple, tow, and tops do s 149, 672 217, 707 Stocks, producers', end of period: Filament yarn (rayon and acetate) mil. lb_. 51.7 59.4 Staple, incl. tow (rayon) do 43.8 59.0 Noncellulosic fiber, except textile glass: Yarn and monofilaments do_. 138.7 194.3 Staple. incl. tow do_ 142.4 210.9 Textile glass fiber do 40.4 47.3 WOOL MANUFACTURES Knitting yarn, worsted, 2/20s-50s/56s, American system, wholesale price 1957-59=100 Wool broadwoven goods, exc. felts: Production (qtrly.) mil. lin. yd__ Price (wholesale), suiting, flannel, men's and boys', f.o.b. mill. _ 1957-59=100 130 3 20.5 22.1 166 405 .40 .66 .81 55 1 19.6 22.2 156 359 1,712 5.4 55 19.2 22.5 (6) 160 308 .35 MANMADE FIBERS AND MANUFACTURES Fiber production, qtrlv. total mil. Ib 3, 980. 6 Filament varn (rayon and acetate) do 734.7 Staple, incl. tow (rayon) do 603.4 Noncellulosic, except textile glass: Yarn and monofilaments ..do. __ 1, 213. 9 Staple, incl. tow do 1, 119. 8 Textile glass fiber. . . . do 308 8 185 1 24.2 23.3 42 255 20.0 13.1 128.0 .493 85.9 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 152 2 26.5 24.3 20 300 20.0 14.4 126.2 .486 94.4 Prices, manmade fibers, f.o.b. producing plant: Staple: Polyester, 1.5 denier $ per lb__ Yarn: Rayon (viscose), 150 denier.. do Acrylic (spun), knitting, 2/20,3-6 D* do Manmade fiber and silk broad woven fabrics: Production (qtrly.), total 9 mil. lin. ydFilament yarn (100%) fabrics 9 do Chiefly rayon and/or acetate fabrics do__ Chieflv nylon fabrics.. . do__ Spun yarn (100%) fab., exc. blanketing 9 ..do. . Rayon and/or acetate fabrics and blends doPolyester blends with cotton do Filament and spun yarn fabrics (combinations and mixtures) mil. lin. yd... 95 262 44 26.2 25.0 20 364 mil__do bil_. do do Exports, raw cotton equiv.* thous. bales.. Imports, raw cotton equiv.* do Mill margins:* Carded yarn cloth average cents per Ib Combed varn cloth average _ _ _ _ _ d o Blends (65% polyester-35% cotton) do Prices, wholesale: Print cloth, 39 inch, 68 x 72__ cents per yard . Sheeting, class B, 40-inch, 48 x 44-48. . .do 2 213 20 26.0 25.0 .61 90 1 41 .61 .90 101.1 9,285 11 878 2,335 15, 857 61 89 1 42 1 42 1 42 22 9 2 96 10 9 31 17 7 9 2 1 5 2 7 18 2 69 19 9 99 2 23 5 2 89 22 0 11 3 19 7 19 9 1.245 880 1.195 1.245 880 1.195 1.239 880 1.195 1.220 858 1.195 1.220 850 1.195 1.220 850 1.195 93.4 93.1 92.9 92 9 92 9 16 6 18 7 3 7 1 6 2 ' 55 7 101.1 .61 .90 9 801 \3 132 3 017 18, 863 102.1 42 81 107 28 59 60 1 42 0 4 2 7 1.220 850 1.195 68 6 102.1 102.1 102.1 102.1 *New series. Beginning Aug. 1966, mill margins refer to weighted averages of about 70 types of unfinished carded yarn cloths and to simple averages of 5 to 8 combed yarn cloths and of 3 polyester-cotton blends; no comparable data prior to Aug. 1966 are available. Exports and imports of cotton cloth (U.S. Dept. Agriculture) available beginning July 1959; spun yarn price (BLS), beginning Jan. 1965. 9 Includes data not shown separately. July 1969 SURVEY OF CURRENT BUSINESS S-40 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1967 May Annual 1969 1968 1968 June Aug. July Nov. Oct. Sept. Dec. Jan. Feb. Mar. Apr. May June TEXTILE PRODUCTS—Continued APPAREL Hosierv shipments Men's apparel, cuttings: Tailored garments: Suits Overcoats and topcoats j_/odi/& Repaid. i/ / » ~ >ir thous doz pairs thous. units do H nnrt H 223 482 r225 588 r!8 025 r!9 831 19 719 21 710 4 141 1 810 4 770 13 726 6 i3g' 571 14 036 6 158 353 1 256 14 841 10 COQ °2 835 24 038 2 109 o (\f\-\ 7 464 4 042 6 945 3 310 555 268 660 265 22 414 279 864 7 983 21 370 270 257 8 152 1 588 24 049 '526 14 064 8 548 15 095 7 845 1 455 Shirts (woven fabrics), dress and sport Work clothing: Dungarees and waistband overalls Shirts do do Women's, misses', juniors' outerwear, cuttings: Coats thous units Dresses do Suits do Blouses waists, and shirts Skirts thous doz do 426 649 18 334 1 272 r !9 861 r!9 539 r 21 635 r 2 352 r !6 590 18,170 18, 514 20, 316 18,360 1 869 1,620 2,193 2,091 ••2,082 2,277 304 244 290 20 634 1 856 1 836 408 420 395 12 079 1 208 14 418 1 074 13 417 1 367 14 594 1 292 13 214 1 028 10 350 1 354 6 13 367 1 716 1 992 1 858 2 312 1 982 1 601 1 974 1 989 416 214 544 259 676 268 629 340 691 287 632 228 628 293 588 315 1 749 1 865 2 108 21 034 19 136 2l' 334 646 659 *643 2 051 19* 892 *532 2 222 29 984 '622 1 899 19 371 '514 1 362 1 765 17 261 20 976 1 708 23 017 1 142 1 148 *645 1 389 1 205 '545 1 783 1 363 318 1 79 793 1 271 742 854 1 201 788 773 286 218 324 r l 299 1 314 1 240 13 635 r!4 433 14 357 r l 957 r 675 290 1 901 610 293 1 435 1,259 26, 035 25, 337 592 536 321 1 240 1 274 1,210 674 713 841 492 648 915 385 1 180 772 TRANSPORTATION EQUIPMENT AEROSPACE VEHICLES Orders, new (net), qtrly. total mil. $ U.S. Government. do Prime contract _ _ do Sales (net), receipts, or billings, qtrly. total-.do.U.S. Government do 26 900 18 538 24 423 23, 444 16 334 i 27 341 1 16 584 i 24 606 25, 579 16 600 6 731 3 881 6 226 6,221 3 989 7 149 5 577 6 509 6,257 3 991 6 217 3,486 5,238 6,780 4 464 Backlog of orders, end of period 9 do U.S. Government do Aircraft (complete) and parts . do Engines (aircraft) and parts do Missiles, space vehicle systems, engines, propulsion units, and parts mil. $ Other related operations (conversions, modifications), products, services mil $ 30 17 16 4 i 30 934 i 16 352 i 16 779 i 3 958 30 589 15 768 17 938 3 916 31 497 17 330 17 389 3 824 30 934 16 352 16, 779 3 958 5 704 15 084 4 007 5 164 5,084 2 810 i 2 839 2 827 9 917 2 839 Aircraft (complete) : Shipments © A ir frame weight © Exports 936 950 401 252 4 355 1 391 4 76 202 6 931 1 403 1 130 2 339 5 5 831 125 8 406.8 6,931 117 6 340 3 6 005 121 7 311 6 5 668 94 1 414 9 6 859 160 7 390 0 6,264 132 4 338.4 5,858 133.4 352.2 5,598 153 8 367.4 6,524 139.8 ' 346. 4 ••6,011 116.5 377.1 6,271 83.2 Factory sales (from plants in U.S.), total Domestic Passenger cars, total Domestic Trucks and buses, total Domestic _ _, _ thous.. 8,976.2 10, 718. 2 1, 103. 5 do 8, 484. 6 10 172 2 1 051 6 do . . 7, 436. 8 8 822 2 916.9 do 7 070 2 8 407 1 876 2 do 1 539.5 1 896 1 186 6 do 1, 414. 4 1 765 1 175 4 990.1 945 8 813 7 781 6 176 4 164 3 773.1 744.8 624.6 605.4 148.5 139.4 292.1 274.7 193.1 182 6 99.0 92.1 816.9 1,125.2 1, 040. 7 984.3 769 4 1, 065 .2 935.2 876.6 656 4 889.5 831 0 620 0 164.1 190.0 160 5 175.8 153.3 149 4 881.9 832 2 732. 1 693 7 149 8 138.5 976.5 933.3 815.4 782.1 161.1 151.2 864.7 825.0 707.4 677.4 157.3 147.7 932.3 878 4 763.3 721 7 169 0 156.7 876.8 825.8 714.3 677.3 162.5 148.5 861.1 806.2 720.2 678.5 140.8 127.8 Exports: Passenger cars (new) , assembled To Canada* . . . Trucks and buses (new) , assembled do do do 30 96 26.00 9 67 25.73 24.75 5. 72 23 56 20.77 6 59 34.64 29.46 10.97 28.50 24.10 11.82 33.24 30.20 9.83 106.32 50.21 12.84 121 48 ' 48. 23 8 23 137. 47 f 46. 65 13 12 182. 77 185. 26 ' 51. 72 ' 63. 89 14.61 12 96 9,685 6,616 9,890 6,739 11,055 7,405 12,760 8,581 12, 578 7,842 4,534 1,605 3 025 3 079 2,200 977 3 *97. 6 185 5 657.6 63.4 133.2 0 607. 5 0 53.4 0 124. 5 681 2 58.1 144 0 . do _ thous. Ib mil. $ 2 981.5 56, 739 786 5 337.7 5,782 53.5 MOTOR VEHICLES Imports: Passenger cars (new) complete units From Canada, total* Trucks and buses complete units do do do Shipments, truck trailers: Complete trailers and chassis number Vans.. do Trailer bodies and chassis (detachable), sold separately number Registrations (new vehicles) : O Passenger cars Foreign cars _ _ . Trucks (commercial cars) thous do do 330 46 286. 78 92 03 30 19 27 62 7 82 26 12 23.22 6 84 15 35 13.63 6 07 8.29 6.86 5 41 27 71 23 60 8 84 30.32 26.24 7 83 1 020 62 si 620 45 ' 323. 65 ••3500.88 75 07 3 H4 65 157 10 49.07 6 93 139 11 50.91 9 93 139 32 32.25 8 70 97 25 13.68 3 58 126 02 42.57 10 50 143. 10 r 96 539 pl!3 928 59, 147 75, 148 10 918 7 188 8 942 5 676 8,891 5,529 9 526 6,439 9 544 6 475 9,980 7,036 9,701 6,774 1 956 2 532 2 392 2 308 3 703 3,769 3,966 280 58 236 64 82 24 27 497 33 761 3 8 357 4 39 403 9 s 779 2 3985 8 3 i 518 4 si 775 6 54. 65 13 60 36.28 30.79 10.03 154.81 164 36 ' 55. 77 ' 51. 67 11 99 13.95 4 5 800 6 o 78 o 145 9 a 79 5 161 9 744 4 » 81. 7 150 9 705 3 94 7 148 5 880.3 103.8 170 3 757.0 84.2 140.3 56 262 38 991 17 271 4 994 2 906 2 088 4 408 2 728 1 680 3 499 2,476 1 023 3 760 2 488 1 272 4 448 3 062 1 386 4,533 3,319 1 214 4,097 2,670 1 427 4,566 3,736 4,452 3,823 629 5 205 4 439 5 312 4 516 830 796 6,571 5,353 1 218 5,957 5 157 19, 721 19 329 4 2 786. 4 2 169. 9 a 876. 0 a 889. 1 "98.3 a 107. 9 a 174. 6 a 172. 8 824 3 79 3 149 6 872 0 2 956. 3 RAILROAD EQUIPMENT Freight cars (ARCI): Shipments Equipment manufacturers, total Railroad shops, domestic number do do 83 095 64 775 18 390 766 New orders . Equipment manufacturers, total Railroad shops, domestic do do do 53 703 3 63 561 38 468 3 49 391 14 170 15 235 4 057 2 686 1 371 3 233 3 197 2,789 2 586 3 155 3 032 4,321 4 221 203 123 100 9,793 6 775 3,018 9,630 7,830 1,800 9,356 7 039 2,317 7,753 4 325 3,428 3,641 3 136 36 505 800 392 Unfilled orders, end of period Equipment manufacturers, total Railroad shops, domestic . do do do 24 917 14 276 10 641 31 740 24 540 7,200 19 281 10 496 8 785 17 810 10 969 6,841 16 948 10 977 5,971 16 261 11 439 4,822 16 229 12 693 3,536 21, 400 16,060 5,340 26, 939 21, 226 5,713 31, 740 24, 540 7,200 34 994 24 995 9,999 33 439 23 701 9 738 34 073 24 331 9,742 47 208 38 292 8,916 1 482 51 1,458 5 2 1,473 5 2 1 473 5 2 1,470 52 1,467 54 1,466 54 1,463 52 1,461 1,4,58 5.2 1,456 5 2 1,455 5 2 1,452 5 3 1 449 51 1,448 5 2 93.72 93 80 63.75 63.66 ' Revised. » Beginning 1st quarter 1968, value of new orders and backlog refers to orders on a funded order basis for Government contracts and on binding legal documents (or equivalent) for commercial business. Revised 4th quarter 1967 figures, comparable with funded data beginning 1st quarter 1968 (mil. dol.): Total net new orders 7,428; total backlog, 29,339. 2 Preliminary estimate of production. 3 Annual total includes revisions not distributed 4 5 by months. Includes delayed registrations for seven States. Beginning Jan. 1969, data exclude vehicles on runners and skis. 6 Data for 1967-68 are understated by from 3 to 5 percent and are not strictly comparable with figures beginning 1969. * Omits data 93.68 63.84 93.66 63.90 93.83 64.12 93.84 64.23 93.82 64.34 93.91 64.50 93.88 64.54 93 91 64.68 93 94 64.82 93 96 64.87 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. tons Average per car tons. 93. 15 62.85 93.82 64.34 93 62 63.55 5.2 for 1 State. 9 Total includes backlog for nonrelated products and services and basic research. © Data include military-type planes shipped to foreign governments. *New series; source, Bureau of the Census. Beginning in the July 1969 SURVEY, imports are restated to include duty-paid cars from Canada. O Courtesy of R. L. Polk & Co.; republication prohibited. ^Excludes railroad-owned private refrigerator cars and private line cars. INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40 SECTIONS Earnings, weekly and hourly Eating and drinking places Eggs and poultry Electric power Electrical machinery and equipment General: Business indicators Commodity prices Construction and real estate Domestic trade Labor force, employment, and earnings Finance Foreign trade of the United States Transportation and communications 1-7 7-9 9,10 10-12 12-16 16-21 21-23 23,24 Industry: Chemicals and allied products Electric power and gas Food and kindred products; tobacco Leather and products 24,25 25,26 26-30 30 Lumber and products Metals and manufactures Petroleum, coal, and products Pulp, paper, and paper products 31 31-34 34,36 36,37 Rubber and rubber products Stone, clay, and glass products Textile products. Transportation equipment 37 38 38-40 40 INDIVIDUAL SERIES Advertising 10,11,16 Aerospace vehicles 40 Agricultural loans 16 Air carrier operations 23 Aircraft and parts 4,6,7,40 Alcohol, denatured and ethyl 25 Alcoholic beverages 11,26 Aluminum 33 Apparel 1,3,4,8,9,11-15,40 Asphalt and tar products 35,36 Automobiles, etc 1,3-9,11,12,19,22,23,40 Balance of international payments 2,3 Banking 16,17 Barley 27 Battery shipments 34 Beef and veal 28 Beverages 4,8,11,22,23.26 Blast furnaces, steel works, etc 5-7 Bonds, outstanding, issued, prices, sales, yields.... 18-20 Brass and bronze 33 Brick 38 Broker's balances 20 Building and construction materials 7-8, 10,31,36,38 Building costs 10 Building permits 10 Business incorporations (new), failures 7 Business sales and inventories 5 Butter 26 Cattle and calves 28 Cement and concrete products 9,10,38 Cereal and bakery products 8 Chain-store sales, firms with 11 or more stores... 12 Cheese 26 Chemicals 4-6,8,13-15,19,22-25 Cigarettes and cigars 30 Clay products 9,38 Coal 4,8,22,34,35 Cocoa 23,29 Coffee 23,29 Coke 35 Communication 2,19,24 Confectionery, sales , 29 Construction: Contracts 9 Costs 10 Employment, unemployment, hours, earnings.. 13-15 Fixed investment, structures 1 Highways and roads 9,10 Housing staHts 10 New construction put in place 9 Consumer credit 17,18 Consumer expenditures 1 Consumer goods output, index 3,4 Consumer price index 7,8 Copper 33 Corn 27 Cost of living (see Consumer price index) 7,8 Cotton, raw and manufactures 7,9,22,38,39 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 4,35 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 3,7,8,26,27 16 18 11,12 16,17,19 16 26 2,3,18-21 11,12 14,15 11,12 3,7,28,29 4,8,25,26 4-8, 13-15,19,22,23,34 Employment estimates 12-15 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 Farm income, marketings, and prices 2,3,7,8 Farm wages 15 Fats and oils 8,22,23,29,30 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 28,29 Food products 1,4-8,11-15,19,22,23,26-30 Foreclosures, real estate 10 Foreign trade (see also individual commod.) 21-23 Foundry equipment 34 Freight cars (equipment) 4,40 Fruits and vegetables 7,8 Fuel oil 35,36 Fuels 4,8,22,23,34-36 Furnaces 34 Furniture 4,8,11-15 Gas, output, prices, sales, revenues Gasoline Glass and products Glycerin Gold Grams and products Grocery stores Gross national product Gross private domestic investment Gypsum and products 4,8,26 1,35 38 25 19 7,8,22,27,28 11,12 1 1 9,38 Hardware stores 11 Heating equipment 9,34 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 24 Hours of work per week 14 Housefurnishings 1,4,8,11,12 Household appliances, radios, and television sets. 4, 8,11,34 Housing starts and permits 10 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 Instruments and related products 4-6,13-15 Insurance, life 18,19 Interest and money rates 17 Inventories, manufacturers* and trade. 5,6,12 Inventory-sales ratios 5 Iron and steel 4,5-7,9,10,19,22,23,31,32 Labor advertising index, strikes, turnover 16 Labor force 12,13 Lamb and mutton 28 Lard 28 Lead 33 Leather and products 4,8,13-15,30 Life insurance .' 18,19 Linseed oil 30 Livestock 3,7,8,28 Loans, real estate, agricultural, bank, brokers* (see also Consumer credit) 10,16,17,18,20 Lubricants 35,36 Lumber and products 4,8,10-15,19,31 Machine tools 34 Machinery 4,5-8,13-15,19,22,23,34 Mail order houses, sales 11 Man-hours, aggregate, and indexes 14 Manmade fibers and manufactures 9,39 Manufacturers* sales (or shipments), inventories, orders 4-7 Manufacturing employment, unemployment, production workers, hours, man-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 4-7,9,19,22,23,31-33 Milk 27 Mining and minerals 2-4,9,13-15,19 Monetary statistics 19 Money supply 19 Mortgage applications, loans, rates 10,16,17,18 Motor carriers 23,24 Motor vehicles 1,4-7,9,11,19,22,23,40 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 4,9,19,22,23,33 Noninstallment credit 17 Oats 27 Oil burners 34 Oils and fats 8,22,23,29,30 Orders, new and unfilled, manufactures* 6,7 Ordnance 13-15 Paint and paint materials Paper and products and pulp 8,25 4-6, 9,13-15,19,23,36,37 Parity ratio 7 Passports issued 24 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 Poultry and eggs 3,7,28,29 Prices (see also individual commodities) 7-9 Printing and publishing 4,13-15 Profits, corporate 2,19 Public utilities 2-4,8,9,13,19-21 Pullman Company 24 Pulp and pulpwood 36 Purchasing power of the dollar 9 Radiators and convectors 34 Radio and television 4,10,11,34 Railroads 2,15,16,19,20,21,24,40 Railways (local) and bus lines 23 Rayon and acetate 39 Real estate 10,17,18 Receipts, U.S. Government 18 Recreation 8 Refrigerators and home freezers 34 Rent (housing) 7 Retail trade 5,8,11-15,17,18 Rice 27 Roofing and siding, asphalt 36 Rubber and products (incl. plastics) 4-6, 9,13-15,23,37 Saving, personal Savings deposits Securities issued Security markets Services Sheep and lambs Shoes and other footwear Silver Soybean cake and meal and oil Spindle activity, cotton Steel (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 28 8,11,12,30 19 30 39 31,32 31 20,21 4-6,8,13-15, 19,38 34 23,29 25 24 25 Tea imports 29 Telephone and telegraph carriers 24 Television and radio 4,10,11,34 Textiles and products.... 4-6,8,13-15,19,22,23,38-40 Tin 33 Tires and inner tubes 9,11,12,37 Tobacco and manufactures 4-6,9,11,13-15,30 Tractors 34 Trade (retail and wholesale) 5,11,12 Transit lines, local 23 Transportation 1,2,8,13,23,24 Transportation equipment 4-7,13-15,19,40 Travel 23,24 Track trailers 40 Trucks (industrial and other) 34,40 Unemployment and insurance U.S. Government bonds U.S. Government Utilities 12,13,16 16-18,20 finance 18 2-4,9,13,19-21,25,26 Vacuum cleaners Variety stores Vegetable oils Vegetables and fruits Veterans* benefits Wages and salaries Washers and driers Water heaters Wheat and wheat Wholesale price indexes Wholesale trade Wood pulp Wool and wool manufactures Zinc. » flour 34 JJ, 12 29,30 7,8 16,18 2,3,14,15 34 34 28 8,9 5,7,11,13-15 36 9,39 33 UNITED STATES GOVERNMENT PRINTING OFFICE D I V I S I O N OF PUBLIC D O C U M E N T S WASHINGTON, D.C. 20402 OFFICIAL BUSINESS Available THE NATIONAL INCOME AND PRODUCT ACCOUNTS OF THE UNITED STATES, 1929-1965 Statistical Tables THIS VOLUME contains the complete set of national income and 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. Estimates for 1964 and 1965 in the report have since been revised. Revised estimates for 1964 appear in the July 1968 Survey. Estimates for 1965 to date appear in the July 1969 issue. 81 TABLES—ANNUAL, QUARTERLY, MONTHLY—COVERING 165 PAGES. Price, $1.00 Orders may be placed with the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402, or with any Field Office of the U.S. DEPARTMENT OF COMMERCE