View original document

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

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