Full text of Survey of Current Business : June 1964
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
JUNE 1964
survey of
CURRENT
BUSINESS
U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
SURVEY OF CURRENT BUSINESS
VOL. 44, NO, 6
JUNE 1964
U.S. Department of Commen
Luther H. Hodges
Secretary
Office of Business Economics
George Jaszi
Director
Contents
THE BUSINESS SITUATION
PAGE
Summary
.*
Louis J. Paradiso
Associate Director
1
Continued Price Stability.
2
Step-Up in 1964 Plant and Equipment Programs
3
Murray F. Foss
Editor
K. Celeste Stokes
Billy Jo H
Statistics Editor
Graphi(
STAFF CONTRIBUTORS
TO THIS ISSUE
Manufacturers' Inventory and Sales Expectations-—Second
and Third Quarters 1964
6
Business Review and Features:
ARTICLES
The Balance of Payments During the First Quarter 1964
Foreign Travel Boom Continued in 1963
David R. Hull, Jr.
Genevieve B. Wimsatt arid Staff
Marie P. Hertzberg
Anthony F. Japha
8
22
NATIONAL INCOME AND CORPORATE P R O F I T S . . . . . . . . . . . .
Articles:
27
Waither Le<lei?er
Etienne H. Miller
REVISED STATISTICAL SERIES
Consumer Installment Credit Extended and Repaid
28
Petroleum and
28
Products
CURRENT BUSINESS
«
**
Subscription prices, including weekly
tistical supplements, are $4 a year fo
mestic and $7.50 for foreign mailing. S
issue 30 cents.
Make checks payable to the Suj
tendent of Documents and send to
Government Printing Office, Washin
B.C., 20402, or to any U.S. Departm*
Commerce Field Office.
STATISTICS
General
Industry.
Subject I n d e x . . * . . * , . .
S1-S24
S24-S40
Inside Back Cover
U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex., 87101, U.S. Courthouse. Phone
247-0311.
Anchorage, Alaska, 99501, Loussac-Sogn Bldg. BR
2-9611.
Atlanta, Ga., 30303, 75 Forsyth St. NW. JA 2-4121.
Birmingham, Ala., 35203, 2030 Third Ave. N Phone
323-8011.
Boston, Mass., 02110, 80 Federal St. CA 3-2312.
Buffalo, N.Y., 14203,117 Ellicott St. TL 3-4216.
Charleston, S.C., 29401, No. 4 North Atlantic Wharf.
Phone 722-6551.
Charleston, W. Va., 25301, 500 Quarrier St. Phone 3436196.
Cheyenne, Wyo., 82001, 16th St. and Capitol Ave.
Phone 634-2731.
Chicago, 111., 60606, 226 W. Jaekson Blvd. Phone 8284400.
Cincinnati, Ohio, 45202, 550 Main Street. Phone 3812200.
Cleveland, Ohio, 44101, E. 6th St. and Superior Ave.
Phone 241-7900.
Dallas, Tex., 75202, 111 4 Commerce St. HI 9-3287.
Denver, Colo., 80202, 142 New Customhouse. Phone
534-4151.
Detroit, Mich., 48226, 445 Federal Bldg. Phone 2266088.
Greensboro, N.C., 27402, 407 U.S. Post Office Bldg.
Phone 273-8234.
Hartford, Conn., 06103,18 Asylum St. Phone 244-3530.
Honolulu, Hawaii, 96813, 202 International Savings
Bldg. Phone 588874.
Houston, Tex., 77002, 515 Rusk Ave. CA 8-0611.
Jacksonville, Pla., 32202,512 Greenleaf Bldg. EL 4-7111.
Kansas City, Mo., 64106, 911 Walnut St. BA 1-7000.
Los Angeles, Calif., 90015, 1031 S. Broadway. Phone
688-2830.
Memphis, Tenn., 38103, 345 Federal Office Bldg. 5343214.
Miami, Fla., 33132,14 NE. First Ave. FR 7-2581.
Milwaukee, Wis., 53203, 238 W. Wisconsin Ave. BR
2-8600.
Minneapolis, Minn., 55401, Federal Bldg. Phone 3342133.
New Orleans, La., 70130, 333 St. Charles Ave. Phone
527-6546.
New York, N.Y., 10001, Empire State Bldg. LO 3-337
Philadelphia, Pa., 19107,1015 Chestnut St. WA 3-240
Phoenix, Ariz., 85025,230N. 'First Ave. Phone 261-328
Pittsburgh, Pa., 15222, 355'Fifth Ave. Phone 471-080
Portland, Oreg., 97204, 217 Old U.S. Courthouse Bid
Phone 226-3361.
Reno, Nev., 89502,1479 Wells Ave. FA 2-7133.
Richmond, Va., 23240, 2106 Federal Bldg. Phone 64
3611.
SL Louis, Mo., 63103, 2511 Federal Bldg. MA 2-42^
Salt Lake CiCy, Utah, 84111,125 South State St. Phoi
524-5116.
San Francisco, Calif., 94102, 450 Golden Gate A\
556-5864.
Santurce, Puerto Rico, 00907,605 Condado A ve. Pho
723-4640.
Savannah, Ga., 31402, 235 U.S. Courthouse and P.
Bldg. AD 2-4755.
Seattle, Wash., 98104, 809 Federal Office Bldg. Tvl
2-3300.
By the Office of Business Economics
uctuon
JLJUSINESS activity was up again
in May. Such broad indicators of
overall performance as personal income,
employment, and industrial production continued to rise. In addition,
three new features characterized the
improving economic picture. Most
important, perhaps, was the large
increase in retail sales. Secondly, there
occurred a marked drop in the rate of
unemployment. Finally, the upward
revision in business capital programs for
1964, reported in the latest OBESEC survey, further strengthened the
business outlook.
It is apparent that the expansionary
effects of the tax cut are becoming
increasingly felt. The upward movement appears to be orderly. Prices
are quite stable, the projected increase
in capital outlays is moderate, and
inventory policies are scheduled to
remain quite conservative, as will be
explained below.
Sharp pickup in retail sales
The advance report on retail sales
for May would seem to dispel a good
part of the uncertainty that arose
earlier this spring when retail trade
^vas relatively stable in spite of the
increase in take-home pay resulting
Tom the tax cut. Seasonally adjusted
sales were up \% percent from April
md 1 percent above the February peak.
The revised April data, moreover,
ook better than the preliminary ones:
Selected Economic Measures,
May 1964
[Seasonally adjusted]
April
and
April
May
'orsoiifil income*
bil &
483 6 484 8
idustrial production index.. 1957-59=100-.
129. 6 130.3
fonfarm establishment employment
tlious.. 58, 463
58, 503
verage hours per week (manufacturing) -_
40.7
40.7
"nemploymont rate
percent. ._
5.4
5.1
21.4
Detail sales
_
bil. $
21.7
,esidential construction outlays*- -do
27.4
27.3
* Annual rate.
Instead of showing a minor decrease
from March, the later figures are
one-half percent above it.
First quarter 1964 consumption expenditures were very strong, and it
now looks as though the second quarter
will show another large increase. The
May retail sales rate is some 2 percent
above the first quarter monthly
average. Since sales of automobile and
furniture-appliance dealers have been
very high all year, it is not surprising
that durable goods sales in May were
little changed from the first quarter
average, in contrast with nondurables,
which were up 3 percent.
Despite the improvement in retail
sales it does not appear that consumption expenditures since the first quarter
have kept pace with the increase in
disposable income. How much of a
rise in consumption should be expected
immediately after a tax cut is a matter
of conjecture because experience is
lacking. However, it is clear that at
midspring consumer spending was
strongly on the rise.
Unemployment rate down
From February through April the
seasonally adjusted unemployment rate
held at 5.4 percent of the civilian labor
force—about the low^er end of the
range over which it had fluctuated in
1962 and 1963. The drop in the rate
to 5.1 percent in May suggests a distinct
improvement in the unemployment
situation. However, in view of the
somewhat erratic behavior of the series,
the magnitude of the change should not
necessarily be taken as a precise indicator of the more persistent under'ying
developments.
The unemployment rate for married
men has shown the greatest reduction
in the recent period. It has declined
slowly but fairly steadily since 1961,
and at 2.6 percent in May was the
lowest since 1957. The teenage rate
continues very high—in fact this April
and May it has been a little higher than
it was in 1962 and 1963. The rate for
adult women fell in May, but in the
first 4 months of 1964 was not improved
relative to the average for 1962 and
1963.
BUSINESSMEN PROJECT A
STEADY RISE IN CAPITAL
EXPENDITURES THROUGHOUT 1964
Full Year Now Expected To Exceed
1963 Totaf by 12 Percent
. Billion $ {ratio scale)
60
$0
Total Business
40
30
20
Manufacturers Pace Broad
Industrial Rise tills Year
25
Manufact
15
Commercial and
Communications
10
Public Utilities
2 i i i i J i i i ! i i i i i. i ' (.....i ' ' i i i i
I960
61
62
63
64
65
Q»0rtfeTly, Seasonally Ad}»$te<$ 0f Ajin«al Rates
® Anticipated
; --, '
'
&otat OB £-SEC
11, S / Depa rt roeflt - of Comm&me, Office e f S U5i ness Ecs ftfjml es
$ 4-6 -1
SURVEY OF CURRENT BUSINESS
Continued Price Stability
THE comparative stability of prices
which has prevailed in recent years
continued into 1964. Wholesale commodity prices were down slightly from
April to May and have declined 0.9 percent since January. Consumer prices
are up about two-tenths of 1 percent
from the yearend level—a rise fractionally below the monthly rate of increase
of the past few years. The easing of
wholesale prices since early this year is
primarily a result of price reductions
in farm products and processed foods;
prices of industrial commodities have
eds;ed down a bit on an overall basis
WHOLESALE INDUSTRIAL
PRICES
1957-59 = 100
104
Total, excl. Farm and Food Products
102
100
98
1963
-
1964
Percent Change
October 1963-April 1964
3 - 2 - 1 0 1 2
3
Wood Products
Metals and
Metal Products
Hides, Skins,
and Leather
Machinery and
Motive Products
Chemicals and
Allied Products
T e x t i l e s and Appa,
ALL INDUSTRIAL
COMMODITIES
0
NonmetaUic Minerals
Pulp and Paper
Data: BLS
U.S. Department of Commerce, Office of Business Economics
Wholesale industrial price average
steady
Prices of commodities other than
farm products and processed foods increased slightly after last spring and by
January of this year were about 1 percent above their April 1963 level.
Despite the subsequent rise in demand,
overall industrial prices so far this year
have eased. An important reason for
the absence of strong upward pressure
on prices is that capacity utilization
rates in most industries are still below
those that businessmen consider to be
most desirable. Expansion of industrial capacity has about kept pace with
the rise in output, and where capacity
utilization has increased the rise to date
has not been large. In some industries,
such as semi-fabricated metal products,
a more competitive situation in world
markets has tended to dampen domestic
price increases.
The behavior of costs in the recent
period has also been favorable to price
stability. Wage rate increases have not
outstripped productivity gains and unit
labor costs have been quite steady.
Prices of durables drift upward
Household Durable
^Estimated
(see chart). The small increase in consumer prices reflects mainly continued
advances in service prices, partly offset
by some downward adjustment in retail
food prices.
64-6-2
Wholesale prices of durable goods
have moved slightly but steadily upward
since the spring of 1963. The 1% percent increase over the past year has
brought the average price level of this
group about back to its previous high
reached in the spring of 1960. Since
April 1963 wholesale prices of nondurable goods on an overall basis have
shown small erratic fluctuations and
this April were little different from the
year-ago figure.
While price movements among the
various commodity groups have been
mixed, a few persistent trends have developed, particularly in metals and
metal products. Metal prices moved up
June 1064
in April for the ninth successive month
with most of the gain in the nonferrous
metals. The gain from March to April
alone was more than 1 percent, with
particularly sharp increases in copper
scrap and primary zinc, and the rise
over the year was more than 6 percent.
Major producers of aluminum raised
ingot prices one-half cent per pound last
fall and again this spring, and an additional half-cent increase was posted in
early June. Despite the increases in the
price of aluminum ingot, where production is running at capacity, prices of
fabricated aluminum have up to very
recently, at least, been soft due to an
excess of fabricating capacity.
Prices of steel mill products have
edged higher since last spring; the total
advance over this period has been
about 2 percent. On balance, there has
been little change in these prices since
the increases of last October, although
prices of wire rods were lowered in May
and stainless steel prices were reduced
early in June.
With demand for producers' durable
equipment on the rise, machinery
prices have continued to advance.
Construction machinery prices are now
3 percent above those in effect at this
time last year; metalworking and agricultural machinery prices also are
above y ear-ago levels. Overall prices
of electrical machinery and equipment have been quite stable since 1962.
The high level of building activity
that prevailed throughout the relatively mild winter improved demand for
a number of construction materials.
Lumber and fir plywood prices moved
up rather sharply from January through
April but demand has eased recently
Prices of other key construction materials also advanced after January
bricks and building blocks, gypsim
wallboard, asphalt shingles, window
glass, and builders7 hardware. How
ever, prices of plumbing and electrica
fixtures, and heating equipment wer<
little changed, while aluminum sidim
prices declined as a result of intens«
competition within the industry.
Fuel prices lower
Most of the nondurable Industrie
commodity groups have shown littl
(Continued on page 21)
SURVEY OF CURRENT BUSINESS
June 1964
Step-Up in 1964 Plant and Equipment Programs
BUSINESSMEN have raised their 1964
plant and equipment programs between
last winter and this spring, according to
the latest quarterly survey of spending
intentions, conducted during May by
the Department of Commerce and the
Securities and Exchange Commission.
Actual expenditures in the first quarter
were 3 percent larger than anticipated 3
months ago. Because of this higher
takeoff point, the successive quarterly
increases of about 2 percent are now
expected to bring fourth quarter outlays
to a seasonally adjusted annual rate of
$45.4 billion, about 10 percent above
the final quarter of 1963.
Capital outlays are expected to
reach $44 billion for the year as a
whole—12 percent higher than in 1963.
This compares with a 10 percent rise
foreseen by business in the February
survey. While investment plans have
been stepped up quite generally since
late winter, the bulk of the upward
MANUFACTURERS' PLANT AND EQUIPMENT EXPENDITURES
Most Industries Project Strong Rise in 1964
(ratio scoie)
Billion S
3.0
Primary Metals
Quarterly movement
2.0
1.5
Transportation Equipment
Including Motor Vehicles
2.0
1.5
- 6
1.0
Nonelectrical Machinen
Chemicals
2.0
1.5
1.5
1.0
1.0
Electrical Machinery
Petroleum
Expenditures for new plant and
equipment rose, on a seasonally adjusted annual rate basis, from $1 billion
to $2 billion per quarter in 1963, and
the present survey finds that this rate
of increase continued in the opening
quarter of 1964. The fourth to first
quarter pause anticipated in the two
previous surveys did not eventuate.
Even in industries where small declines
had been expected—public utilities,
nonrail transportation, and communications—actual expenditures in the
first quarter were higher than in the
closing quarter of 1963. However,
the anticipations in the present survey
do not show any acceleration in the
rate of increase. A continued rise
throughout 1964 of about $1 billion
per quarter, at seasonally adjusted
annual rates, is projected (see table 1,
page 4).
4.0
10
Increases over 1963 substantial
3.0
2.0
1960
61
62
63
64
1960
61
62
63
64
Quarterly Data, Seasonally Adjusted at Annual Rates
® Anticipated
U.S.
revision is reported by manufacturers—
particularly in the motor vehicle, chemical, and petroleum industries—and by
trucking firms and airlines.
Sustained record sales, high earnings
and ample sources of funds, and a
favorable business outlook have provided strong stimuli to capital investment. While it is not possible to
isolate the effects of the tax cut, it
undoubtedly constitutes a major expansionary factor.
Rising investment is in itself an
important business stimulant. Orders
generated by these programs are at new
highs, and are spread over a broad group
of suppliers. New purchase commitments for machinery, and especially for
machine tools, have been rising this
year, and now surpass 1956 peaks,
while construction awards by private
investors in the first 4 months of 1954
were running 15 percent above the same
months of 1963.
Department of Commerce, Office of Business Economics
Data: OBE-SEC
64-6-4
Each of the major business sectors
is planning a larger increase in plant
and equipment expenditures from 1963
to 1964 than actually occurred from
1962 to 1963 (see table 2). Differences
are most pronounced in manufacturing,
where firms anticipate an increase of
nearly 17 percent as compared with
SURVEY OF CURRENT BUSINESS
7 percent last year, and in nonrail
transportation, where a projected rise
of 15 percent follows a decline. The
railroads, which spent almost 30 percent
more in 1963 than in 1962, now look
forward to a further expansion of more
than 30 percent in 1964.
Manufacturing
sharply
investment up
CARRYOVER OF
MANUFACTURERS'
INVESTMENT PROJECTS
On April 1 Carryover Was OneFifth Larger Then A Year Earlier
Billion $ (ratio scale)
1/1
14
-] ALL MANUFACTURING
12
-
1964
10
*****
8
-
x
- *\x
—\1963
X*^
i
6
r
"
f
~
f
DURABLE GOODS
INDUSTRIES
7
6
^-*
5
4
t
4
o
r
T
T
NONDURABLE GOODS
INDUSTRIES
5
-
^
ir -
i
t
t
t
January
April
July
October
1
1
1
1
Data: OBE-SEC
U.S. Department of Commerce, Office of Business Economics
[Billions of dollars]
1963
64-6-5
1964
I
II
III
IV
I
III
mi
IV i
All industries
36.95
38.05
40.00
41.20
42 55
43 35
44 30
45 40
Manufacturing
Durable goods
Nondurable goods . __ _
14.85
7.35
7.50
15. 30
7 65
7.65
15.95
8 00
8.00
16 45
8 30
8 15
17 40
8 85
8 55
17 85
8 95
8 90
18 60
9 00
9 55
19 00
9 30
9 70
22 10
22 75
24 05
24 80
25 10
25 50
25 70
26 40
_
1. Anticipated in May 1964.
Source: U.S. Department of Commerce, Office of Business Economics, and Securities and Exchange Commission.
programed the largest relative gains in
investment from 1963 to 1964—onefourth and one-third, respectively.
While these programs are quite substantial, they do not exceed previous
peaks in either industry. Nonferrous
metals companies expect a rise of over
20 percent, while nonelectrical machinery and stone, clay, and glass producers
program advances or more than onetenth over 1963 expenditures. In contrast, the electrical machinery and nonautomotive transportation equipment
industries are budgeting smaller capital
investment than last 3rear. Quarterly
movements during 1964 arc strongly
upward in motor vehicles, nonferrous
metals, and stone, clay, and glass, and
somewhat mixed in other industries.
Large increases in expenditures for
new plant and equipment in 1964 are
rather widespread among the nondurable goods industries. Only the food
and beverage group is now planning to
hold outlays at last year's levels. Petroleum, paper, and textile companies expect spending in 1964 to exceed 1963
by one-fifth or more. Quarterly spending in these industries and in chemicals
is expected to rise appreciably throughout 1964.
Carryover of manufacturers' projects
/
x^
3.5
Table 1.—Plant and Equipment Expenditures 1963 and Anticipated 1964
Nonmanufacturing
Manufacturers are now planning
steady increases in expenditures through
1964 which will bring total outlays for
the year to $18% billion. Outlays
totaled $15.7 billion in 1963, and $16
billion in the previous peak year of 1957.
Both the durable and the nondurable
goods groups are budgeting expenditures about one-sixth higher than were
actually made last year.
In the heavy goods sector, iron and
steel and motor vehicle producers have
June 1964
Expenditures yet to be made on
manufacturers' plant and equipment
projects underway on March 31, 1964
totaled $10.4 billion. The carryover at
the beginning of this year and at the
beginning of the second quarter was
running more than one-fifth higher than
in the corresponding periods of last
year. (See chart.)
The rise in carryover from March
1963 was $1.8 billion, with the dollar
increase about equally divided between
durable and nondurable goods. On a
relative basis, the increase was appreciably larger for nondurables. By industries, the largest year-to-year increases were in motor vehicles, primary
metals, petroleum, chemicals, and textiles.
"Starts," or the initiation of new
plant and equipment projects, equal the
change in carryover from the beginning
to the end of a quarter plus actual expenditures during the quarter. During
the first 3 months of this year starts exceeded $5 billion, and were about $}
billion higher than during the firs
quarter of last year. The rise centerec
in the nondurable goods industries.
Rising investment in transportation
facilities
Capital investment by the railroad
has risen considerably since 1961 whe]
Table 2.-—Percent Change in Plant an
Equipment Expenditures, 1962-64
Actual 1963,
anticipated
1964 as reporte
Actual
in:
1962-63
February
All industries 1 _. 1_
Manufacturing
5
10
13
12
17
—1
22
5
14
24
2
10
11
2
2
5
0
3
2
12
5
27
33
9
12
Mining
-3
—1
Railroad
30
25
-7
8
Public utilities
3
6
Communications
4
Commercial and other
5
Durable goods industries l
Primary metals
Machinery _
Transportation equipmentStone, clay, and glass
Nondurable
goods industries l
__
Food and beverage.
Textile
Paper
Chemical-.
_ _ _
Petroleum
Transportation other than rail. _
I
May
8
1. Includes industries not shown separately.
Source: U.S. Department of Commerce, Office of Bush
Economics, and Securities and Exchange Commiss:
SUEVEY OF CURRENT BUSINESS
June 1964
Table 3.—Carryover of Plant and Equipment Projects, Manufacturing and Public
Utilities 1
[Billions of dollars]
1962,
Dec.
1963
1
March June Sept. Dec.
expenditures were at a postwar low of Table 4.—Starts of New Plant and Equipment Projects—Manufacturing and Publess than $700 million. Large increases
lic Utilities l
[Billions of dollars]
in spending began at the end of that
year, and have continued through the
1963
1964
first quarter of 1964. Further advances
I
I
II
IV
III
are programed in the second and third
quarters. Spending for 1964 is now es- Manufacturing
4.68 4.30 4 13 4 42 5.16
timated at $1.4 billion, against $1.1 bil- Durable goods _ ._
2.47 2.27 2.06 2. 12 2.59
Primary metals
.63 .51
.64
.50
.46
lion in 1963 and $0.9 billion in 1962.
Electrical machinery, . .20 .17 .14 .18
.16
Machinery, excluding
More than four-fifths of 1964 outlays
electrical
.55
.59
22
.21
.30
Transportation equipwill be for equipment; such spending is
ment
...
.49
.55 .70 .39 .45
.24
Stone, clay, and glass .. .14 .14
.14
.17
expected to rise sizably during the year;
2.20 2.03 2.07 2.30
Nondurable goods
2.57
spending for road improvement is being
.30
.20
.29
.26
Food and beverage
.25
. 14 . 17
.14
23
Textile
.20
cut back a little in the second half, after
Paper
.21
.30
.20
. 19
.21
.39
.34
.49
.38
. 59
Chemical
seasonal adjustment. Freight car shipPetroleum
.89
.77
.96
1.10
.78
ments in the first 4 months of 1964 were Public utilities _ _ _ . 2.10 1.67 .78 1.48 1.92
70 percent higher than in the correStarts are estimated by adding changes in carryover
sponding months of last year and un- (see1. table
3) to expenditures during the given period.
Source: U.S. Department of Commerce, Office of Business
filled orders at the end of April were Economics,
and Securities and Exchange Commission.
almost three-fourths above a year
of the airlines and trucking companies.
earlier.
Expenditures
in 1964 by airlines are
The appreciable rise in capital spendexpected
to
rise
by about two-thirds
ing expected by nonrail transportation
companies is traceable to the programs
(Continued on page 26)
1964,
March
End of period
Manufacturing
7.21
8.61
9.00
9.18
9.08
Durable goods.. 3.99
Primary
1.66
metal's
Electrical
machinery. _ .33
Machinery
excluding
electrical
.25
Transportation equipment
.87
Stone, clay,
and glass. _ _ .31
4.84
5.15
5.25
5.05
5.71
1.97
2.08
2.27
2.23
2.30
.37
.36
.33
32
.33
.56
.48
.40
.31
.53
1.10
1.40
1.37
1.36
1.48
.32
.30
.32
.29
.38
3.23
3.78
3.85
3.94
4.03
4.73
.34
.17
.36
1.03
.42
.16
.52
1.01
.41
.15
.56
1.01
.36
.14
.61
1.11
.41
.20
.59
1.03
.42
.26
.61
1.25
1.02
1.32
1.40
1.41
1.50
1.90
Nondurable
goods
Food and
beverage
Textile
Paper
Chemical
Petroleum
and coal
10.44
6.20
Public utilities... 5.07 6.13 6.40 5.58 5.46
1. Carryover refers to expenditures yet to be incurred on
plant and equipment projects already underway.
Source: U.S. Department of Commerce, Office of Business
Economics, and Securities and Exchange Commission.
Table 5.—Expenditures for New Plant and Equipment by U.S. Business,1 1962-64
[Billions of dollars]
1962
1963
II
III
Nondurable goods industries
Food and beverage
Textile
Paper
Chemical
Petroleum
Rubber
Other 4 nondurable
goods
Mining
7.03
1.10
7.85
1.24
.31
.41
9.05 1.44 1.77 1.79
1.55 .22 .28 .29
.50
.06
.07
.08
II
III
I
IV
112
III 2
I
II
1963
III
3.95
4.56 3.79
4.54
4.62 14.20 14.45 15.05
2.03 1.62 1.96
.31 .23 .30
1.96
.33
2.31 1.93
.39 .34
2.29
.36
2.23
.38
.09
.12
.11
.09
.12
.13
.25
.30
.30
.16
.17
.70
.65
.65
.10
I
II
III
IV
I
II2
III 2
11.19 35.70 36.95 38.35 37.95 36.95 38.05 40.00 41.20 42.55 43.35 44.30
4.13 3.27 3.92
.10
IV
1964
6.55
1.00
6.95
1.10
7.25
1.20
15.00
14.85
15.30
15.95
7.30
1.10
7.35
1.05
7.65
1.15
8.00
1.30
.35
.40
.40
.45
.40
.70
.75
.75
.65
.65
16.45 17.40
8.30
1.40
17.85
18.60
8.95
1.45
9.00
1.50
.40
.50
.50
.70
.65
.70
8.85
1.60
.68
.69
.67
.14
.16
.17
.21
.15
.18
.16
.20
.14
1.27
1.24
1.41
.27
.33
.32
.35
.27
.30
.28
.39
.33
.35
.33
1.15
1.30
1.30
1.25
1.20
1.15
1.20
1.40
1.45
1.40
1.40
.83
1.06
1.40
.17
.22
.22
.22
.19
.28
.29
.30
.25
.39
.36
.80
.85
.80
.85
.90
1.05
1.10
1.10
1.25
1.45
1.40
.47
.58
1.79
.53
.61
2.05
.49
.68
2.35
.09
.12
.38
.11
.16
.44
.13
.14
.44
.15
.16
.53
.12
.13
.44
.13
.16
.51
.13
.15
.51
.16
.17
.60
.11
.14
.51
.13
.17
.61
.12
.17
.57
.40
.40
.50
.55
.50
.55
.50
.55
.50
.50
.50
7.65
.99
.61
.72
1.56
2.88
.23
7.84
.97
.64
.72
1.61
2.92
.24
9.20 1.69 1.92 1.93
.98 .22 .26 .24
.81 .13 .16 .15
.93 .15 .18 .18
1.84 .37 .40 .37
69 .76
3.51 .62
.28 .05 .06 .06
1.95
.26
.18
.18
.40
70
.06
1.99
.25
.15
.19
.39
76
.07
2.25 1.87
.24 .24
.17 .14
.21 .18
.47 .37
.87 .70
.07 .06
2.26
.27
.20
.23
.43
.84
.07
2.39
.23
.22
.25
.46
.95
.08
7.60
.95
.55
.70
1.70
2.85
7.50
1.00
.60
.70
1.55
2.70
7.80
1.00
.65
.70
1.50
3.10
7.70
1.00
.65
.75
1.50
2.85
7.50
.95
.65
.65
1.60
2.80
7.65
.95
.65
.70
1.55
2.80
8.00
1.00
.60
.75
1.60
3.00
8.15
.95
.65
.80
1.65
3.05
8.55
1.05
.60
.80
1.65
3.30
8.90
1.00
.75
.90
1.65
3.40
9.55
.95
.90
.95
1.90
3.70
1.15
1.05
1.10
1.00
1.05
1.00
1.05
1.05
1.15
1.05
1.10
1.40
1.30
1.35
2.10 1.65
.26 .22
.17 .15
.20 . 14
.43 .36
59
.80
.06 .05
.66
.73
.85
.14
.18
.16
.18
15
19
18
.22
.18
.22
20
1.08
1.04
1.09
.26
.27
.28
.27
.24
.26
.27
.28
.26
.28
.28
1.44
.16
.26
.24
.20
.21
.28
.29
.33
.32
.47
.60
.50
.50
.39
.54
.45
.54
.51
1.52 1.04 1 40
1 60
1.61 1.18
I 3.72
3.79
.85
1.10
Transportation, other than
rail
2.07
1.92
2.21
Public utilities
5.48
5.65
6.03 1.06 1.37 1.54
C ommunication
3.63
3.79
Commercial and other 5
9.52 10.03
Railroad
I
37.31 39.22 43.92 8.02 9.50 9.62 10.18 8.25 9.74 10.14 11.09 9.40 11.05
Manufacturing industries ._ 14.68 15.69 18.25 3.14 3.69 3.72
Durable goods industries.
Primary iron and steel- _
Primary
non ferrous
metal
Electrical machinery
and equipment
Mechinery, except electrical
Motor vehicles and
parts
Transportation equipment, excluding motor vehicles
Stone, clay and glass
Other durable goods 3
IV
1962
1964
1963
1962
19642
I
All industries
Quarterly, seasonally adjusted at annual rates
Quarterly, unadjusted
Annual
.88
.93
.87
.95
.85
.95
.93
2.60 2 26 2.41
2. 64
1. Data exclude expenditures of agricultural business and outlays charged to current
account.
2. Estimates are based on anticipated capital expenditures reported by business in May
1964. The estimates for 1964 have been adjusted when necessary for systematic tendencies
in anticipatory data.
3. Includes fabricated metal, lumber, furniture, instrument, ordnance, and miscellaneous
industries.
1.06
.70
.95
1.00
.80
.90
1.00
1.20
.60
.53
2.05
2.25
2.00
1.90
1.70
2.05
1.85
2.10
2.30
2.15
2.15
1.53
1 63
5. 15
5.40
5.75
5.45
5.20
5.45
5.90
5.80
5.95
6.15
6.00
3.70
3.65
3.60
3.60
3.55
3.65
3.85
4.05
4.05
8.75
9.25
9.85 10.20
9.65
9.65 10.20 10.45 10.25
.38
.97
14.90
2.06 2.37 2.48
.34
1.35
2.72 2.37
14. 85 15. 05
4. Includes apparel, tobacco, leather, and printing-publishing.
5. Includes trade, service, finance, and construction.
NOTE: Details may not add to totals due to rounding. Data for earlier years were pubished in the June 1956, March 1958, 1960, 1961, 1962, and 1963 Survey of Current Business.
Sources: U.S. Department of Commerce, Office of Business Economics, and Securities and
Exchange Commission.
SURVEY OF CURRENT BUSINESS
6
Manufacturers' Inventory and Sales ExpectationsSecond and Third Quarters 1964
MANUFACTUREES expect successive sales records of $111 billion and
$113 billion in the spring and summer
quarters, after seasonal adjustment, according to the survey conducted in
May by the Office of Business Economics. The anticipated rates of gain of
slightly under 2 percent per quarter
fall below the 3-percent increase in the
first quarter 1964, but are well above
the average quarterly advance in either
1962 or 1963.
Inventories are expected to rise at a
moderately increasing rate in the coming months. Manufacturers expect to
add $400 million to inventories in the
second quarter of this year, and $700
million in the third, after seasonal
allowances. These additions are sched-
uled to follow a first quarter in which
accumulation totaled only $150 million.
Inventory increases averaged $700 million and $600 million per quarter, in
1962 and 1963, respectively.
The stock-sales ratio fell from yearend 1963 to the end of March, and
further small declines in the next two
quarters are implicit in the current
expectations. The continuing decline
in the stock-sales ratio which has
characterized the current expansion
contrasts with movements in the ratio
during the previous cyclical upturns of
the postwar period. In those upturns
the ratio, had increased after comparatively short periods of decline early in
the recovery. The relatively easy supply situation in recent years, general
MANUFACTURERS9 SALES AND INVENTORY CHANGES
Producers Look Forward To Increasing Sales arid Inventory Accumulation
In Second And Third Quarters—But Increases Are Moderate
Percent
Sr
Sale
Nondurable Goods Mlrs.
Durable Goods
0
Billion $
.7
Inventory Change
Inventory Change
•7/f
1963
1964*
1961
y, Seasonally Adjusted
2^'Qntf 3d -quarters <3f« £xj>e-c fa Harts
*]<$, Department C&iaojerce, Office ot gu$'mess Ecow
1964*
June 1964
price stability, new inventory management techniques, as well as policies of
inventory control have kept stocks
quite low by past standards.
Expected sales gains larger in
durables
According to the survey, durable
goods sales will reach a seasonally
adjusted rate of $58.2 billion in the
second quarter and $59.5 billion in the
third. This implies a sales rise of 2
percent per quarter—less than the first
quarter rise, but about equal to the
average quarterly rise in 1963. Largerthan-average increases are anticipated
by the primary metals and transportation industries in the second quarter,
and by the machinery industries in
both projected quarters.
Nondurable goods producers expect
sales gains of somewhat over 1 percent
per quarter; this would bring sales to
almost $53 billion in the second quarter
and $53X billion in the third, after
seasonal adjustment. Among the nondurables, the paper and rubber industries reported the largest increases.
Inventory additions modest
Durable goods manufacturers plan to
add about one-third of a billion dollars
to their stocks in the second quarter and
an additional one-half of a billion
dollars in the third, after seasonal
adjustment. These additions would
follow a first quarter during which there
was little change in inventories, as
minor liquidations by most industries
offset a rise in stocks of motor vehicle
producers.
Durable goods inventories are expected to total almost $37 billion at the
end of September, equivalent to less
than 1.9 months of expected shipments.
The stock-sales ratio was 1.95 at the
close of 1963 and about 2 in the latter
part of 1962.
Nondurable goods manufacturers
added over one-half of a billion dollars
to their inventories in the closingquarter of 1963 and an additional $125
million, primarily in food and chemicals,
in the opening quarter of 1964. Current plans indicate virtually no further
addition during the second quarter and
a rise of $200 million in the third.
Nondurable goods producers estimate
their September inventories at $24%
billion, equivalent to less than 1.4
SURVEY OF CURRENT BUSINESS
June 1964
Table 1.—Manufacturers' Inventories and Sales: Actual and Anticipated
[Billions of dollars]
19i62
1961
Inventories, end of
quarter, unadjusted
All manufacturing. _
Durables
Nondurables
Seasonally adjusted
All manufacturing. _
Durables
Nondurables __ _
Sales, total for quarter
Unadjusted
All manufacturing..
Durables
Nondurables
Seasonally adjusted
All manufacturing..
Durables
Nondurables. __
1964
1963
III 1
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
Hi
53.7
31 9
21.8
53.7
31.7
22.0
53.7
31.6
22.0
54.8
32.2
22.5
56.3
33.7
22.6
56.6
34.1
22.5
57.1
34.0
23.1
57.4
33.9
23.5
58.4
34.9
23.5
59.0
35.5
23.5
58.8
35.4
23.5
59.7
35.6
24.2
60.6
36.4
24.3
61.0
36.8
24.2
61.2
36.8
24.4
53.5
31.6
21.9
53.4
31.4
22.0
53.9
31.8
22.1
55.1
32.6
22.4
56.0
33.4
22.6
56.7
33.8
22.9
57.3
34.1
23.2
57.8
34.3
23.4
58.1
34.6
23.5
58.7
35.2
23.6
59.1
35.5
23.6
60.1
36.0
24.1
60.3
36.0
24.2
60.7
36.4
24.3
61.4
36.9
24.5
87.9
43.2
44.8
93.5
48.2
45.3
92.0
45.3
46.7
97.2
49.7
47.5
98.8 102.5
51.1 54.3
47.7 48.2
97.8 100.6 101.0 107.0 102.5 106.8 108.0 114.1
49.1 51.7 51.9 57.0 52.2 55.8 56.3 61.3
48.7 49.0 49.1 50.0 50.4 51.0 51.7 52.8
110.6
56.8
53.8
88.6
43.7
44.9
91.5
46.1
45.4
93.7
47.3
46.4
96.5
49.1
47.4
99.6 100.2 100.0
51.7 51.8 51.5
47.9 48.3 48.5
99.9 101. 9 104.4 105.0 106.2 109.1 111.1
51.1 52.6 54.2 54.8 55.3 57.1 58.2
48.7 49.3 50.1 50.2 50.9 52.1 52.9
113.0
59.5
53.5
1. Anticipations reported by manufacturers in May 1964. Inventories have been corrected for systematic tendencies in
" S.
~ Department
~
'
' of Commerce.
- - - Anticipations, QBE; actuals, Bureau of the Census.
anticipatory data. Sources: U.
months of expected shipments. The
stock-sales ratio fell to 1.4 in March,
continuing a slow decline of 3 years.
Inventory condition
The proportion of inventories held
by firms which considered their stocks
"high" relative to sales and unfilled
orders rose to 16 percent at the end
of March; this compares with 13 percent in December and 17 percent in
September 1963. The bulk of inventories (82 percent) remained in the
"about right" class. The "low" cate-
gory has continued at about 2 percent
for 3 years. The stock-sales ratio at
the end of March for companies that
considered their stocks "high" at that
time was about one-fifth higher than
the all-company average.
Durable goods manufacturers holding 17 percent of inventories evaluated
their stocks as "high"; this percentage
is three points above December, but
two points below September. Except
for last December the "high" proportion has ranged from 17 percent to 19
percent in the past 2 years. The
spread in the "high" proportion in
March ranged from less than 10 percent
for primary metals to almost 20 percent
for metal fabricators.
Companies holding 14 percent of the
nondurable manufacturers' stocks classified their inventories as "high" at the
end of March, up 4 points from December. The "high" ratio lias ranged
from 10 percent to 14 percent since
mid-1962. This category at the end of
March 1964 varied widely by industry—
20 percent for textiles, 12 percent for
chemicals and as low as 6 percent for
rubber.
MANUFACTURERS* INVENTORY CONDITION
The Proportions Of Inventories Considered "High" Were larger tn March
Than In December, Although They Continue To Be Relatively Small
Goods Mfrs,
Goods Mfrs.
Percent
Percent
1001
100
Tafole 2.—Manufacturers' Evaluation of the
Condition of Their Inventories 1
[Percent distribution]
80
Durables
Total
Xondurables
-»-» "^
§ J-l
r
b£>
1
I-H
r
If
<cj
o
h3
1959
Mar. 31
_ ___ 15
20
Juno 30
16
Sept. 30
20
Doe. 31
80
72
72
75
5
8
12
5
18
26
19
24
65
66
70
5
9
15
6
I960
Mar. 31
June 30
Sept. 30
Dec 31
26
29
24
24
72
69
75
75
2
1
1
33
34
30
27
65
65
69
72
1961
Mar. 31
June 30
Sent. 30
Dec. 31
18
14
10
10
81
85
88
88
1
1
2
2
20
15
11
10
1962
Mar. 31
June 30
Sept. 30
Dec. 31
14
14
15
14
84
84
83
84
2
2
2
2
1963
Mar. 31
. __ 15
June 30
15
Sept, 30
17
13
Dec. 31
82
83
81
85
1964
Mar. 31
82
bi
hH
About Right
|
|>
<^
12
15
84
83
80
82
5
6
8
3
2
1
1
1
15
22
15
17
83
76
83
81
2
2
2
2
79
84
87
88
1
1
2
2
16
13
9
9
83
85
88
89
1
2
3
2
19
17
18
17
80
82
81
82
1
1
1
1
8
9
11
11
89
89
86
86
3
2
3
3
3
2
2
2
17
18
19
14
81
80
80
84
2
2
1
2
12
10
14
10
85
88
83
87
3
2
3
3
2
17
81
2
14
84
2
11
11
About Right
3
60
40
High
16
1, Condition of actual inventories relative to sales and
unfilled orders position as viewed by reporting companies.
Percent distribution of inventory book values according to
company's classification of inventory condition.
1959
60
61
High
* 62
63
U&-Ofrjwimeftiof ComRV&rce, Office of Bysiftess Etonomtc^
64'
*!959
Uflcf ol Quartet
.
60
, ^
6!
62
63
- ' * ' * ,
64
by WALTHER LEDERER
The Balance of Payments During the First Quarter 1964
"URING the first quarter of this year
international reserves of the monetary authorities of the United States
increased by $51 million, and U.S.
liquid liabilities to foreigners dropped
by $156 million, resulting in an improvement of $207 million in our net position
on these international accounts. Since
there were no transactions in special
nonmarketable medium-term securities
convertible into cash at short notice,
there are no alternative versions of this
balance for this period (table 3, lines 52
and 52a).
Seasonal factors have a favorable
influence on the international transactions of the United States during the
first quarter, mainly because travel
expenditures abroad are low, but also
because net capital outflows are usually
less than average. During the first
quarter of 1964, these and other seasonal
factors are estimated to have improved
our balance by about $250 million, so
that after adjustment for these factors
it was adverse by only about $40 million. (Table 1, lines Cl and C2.)
Changes in U.S. international reserves
and net transfers of liquid dollar assets
to foreign accounts thus indicate that
the international transactions of the
U.S. were in virtual balance.
The first quarter improvement occurred largely in March, when the
international reserve assets of the monetary authorities rose by $123 million,
while liquid liabilities to foreigners
dropped by $237 million, for a total
gain of $360 million. During the 2
preceding months the overall balance
had been adverse by $153 million.
The improvement in March was more
than offset, however, in April. This
suggests that the favorable change during the first quarter was in part temporary.
The seasonally adjusted adverse balance of $40 million for the first quarter
8
compares with adverse quarterly balances during the second half of 1963
averaging about $135 million if the
nonmarketable medium-term convertible Government securities are counted
as liquid liabilities (table 1, line Cl),
or about $35 million if these securities
are considered as foreign long-term
investments in the United States (table
1, line C2). The corresponding figures
for 1963 as a whole were $2,644 million
and $1,942 million, respectively.
According to data that are still
preliminary, "special" Government
transactions contributed about $140
million to receipts during the quarter,
considerably less than in the last
quarter of 1963 (table 1, B 1, 2, 3).
Foreign debt repayment in advance of the
scheduled dates were about $50 million,
of which $42 million was collected from
Mexico. In addition, some foreign
obligations were sold in advance of
their maturity. These receipts were
offset, however, by repayments by the
United States of $55 million of nonmarketable, medium-term, nonconvertible Government securities. Precise
data on changes in Government liabilities on military sales contracts are not
yet available, but preliminary figures
indicate a rise of about $140 million.
Consequently, the first quarter balance on all other or "regular types'7 of
transactions after seasonal adjustment
was adverse by about $180 million.
This compares with an adverse quarterly
average of about $400 million during
the second half of 1963 and $1,250
million during the first half of last
year (table 1, line A13).
Favorable temporary developments
Among the temporary developments
having a favorable effect on the first
quarter balance the following seem to
have been most important:
(1) Agricultural exports were increased by sales to the Soviet bloc
amounting to about $100 million.
Other agricultural exports, which had
risen sharply in the last quarter of
1963, also partly because of temporary
conditions, continued at the same level.
(2) Merchandise imports were temporarily low relative to the amounts
that could be expected on the basis
of past relationships to economic activity in this country and in other industrialized countries. The shortfall for
the quarter, estimated at about $100
million, was concentrated in the first
2 months. Imports rose sharply in
March, and a further rise occurred in
April.
(3) Receipts from military transactions were boosted by collections of
about $50 million on foreign obligations
arising from logistical support given
by the United States to Allied troops
in Korea in earlier years. This item
is included in the tables with military
sales as the amounts of foreign liabilities
had not been established at the time
the supplies were transferred.
(4) Income on direct investment
after seasonal adjustment increased
from the fourth quarter of last year
by $230 million, and exceeded by about
$210 million last year's quarterly average. At least $75 million of the first
quarter receipts represented dividend
distributions from earnings accumulated earlier. These dividend distributions to U.S. parent companies
appear to have been postponed to
take advantage of the lower tax rates
applicable to corporate incomes this
year.
(5) Net capital outflows to Canada
through direct investments were exceptionally low. The $21 million total in the first quarter of 1964 maj
be compared with over $100 millior
SURVEY OF CURRENT BUSINESS
June 1964
in the first quarter 1963 and a quarterly
average of about $80 million in each
of the years 1961 through 1963.
Including only the special agricultural
sales to the Soviet bloc these developments improved the balance in the first
quarter by close to $400 million;
counting also the agricultural sales
which may be attributed to special
conditions in other areas the figures
might be raised by about another $100
million.
In addition, the effects of the proposed Interest Equalization Tax on
capital outflows through security issues
may have been somewhat more restrictive than may be expected after
the tax has been enacted.
Unfavorable temporary developments
Among the transactions which had
an exceptionally large temporary negative effect the following are most
important:
(1) Net outflows of short-term corporate funds to unaffiliated foreign
organizations amounted to more than
$200 million, of which $160 million
moved to Canada (table 5). The
large first quarter outflow followed an
inflow of $120 million after seasonal
adjustment in the second half of last
year. The major part of the unusually
large shift to Canada probably reflected differences in relative yields
3n time deposits and similar investments offered by Canadian and U.S.
banks, but some of the outflow may
ilso consist of trade credits.
Although shifts in the movement of
corporate funds during the 12-month
)eriod ended in March were relatively
arge, the longer run growth in the net
•utflow of such funds appears to have
lowed down considerably. From $350
aillion in 1960 it increased to $430
aillion in 1961, but declined to $230
lillion in 1962 and to about $180 milon in 1963 and the first quarter of
964 combined. Unless, as now seems
nlikely, the first quarter movement
idicates a sharp reversal of this trend,
. may be concluded that the first
uarter net outflow was exceptionally
,rge.
(2) Foreign claims, reported by banks
assified as short-term were well over
100 million after seasonal adjustment,
his was among the largest amounts for
731-286°—64
2
a single quarter in recent years (table
5). Japan and Canada were among the
major recipients of these funds. The
net flow to Canada was $80 million, an
unusually large amount compared with
earlier periods, but it consisted mostly
of acquisitions of foreign currency
assets probably on behalf of the reporting banks7 customers.
Net new credits to Japan totaled
about $230 million. While this amount
was not exceptionally high for a single
quarter, it was added to the already
large outstanding banking claims on
Japan. At the end of the first quarter
short-term claims came to nearly $2.4
billion and comprised about half of all
short-term loans and acceptance credits
of U.S. banks. In addition U.S. banks
had $300 million in longer term loans
outstanding to Japan. In view of the
concentration of loans to that country,
credits are not likely to continue at the
first quarter rate.
9
While bank loans to Japan appear to
have been exceptionally large, this does
not necessarily imply that a decline in
loans to that country may not be offset
by loans to other countries, as long as
lending facilities of U.S. banks remain
as large as they currently appear to be.
It would be difficult to determine therefore, whether under these conditions net
foreign bank credits in the first quarter
were exceptionally high, and to estimate
the amount by which they exceeded the
amount that might be sustained over a
longer period.
Furthermore, some of the bank
credits may have been extended to
finance exports, or at least may have
enabled foreign countries to purchase
here more than they would have done
without these additional dollar resources. It cannot be concluded, therefore, that the rise in such credits necessarily affected the overall balance by
the same amount.
BALANCE ON ALL TRANSACTIONS
«»**' Including Net Receipts From Sales of Nonmarketable Medium-Term
Convertible Government Securities (Table 1 LJne C2j
«**" Excluding Net Receipts From Sales of Nonmarketable Medium-Term
Convertible Government Securities {Table 1 line Cl}
•«»» Excluding Net Receipts From Other Special Government
Transactions (Table 1 line AT3}
$
Billion '$
.5
-2
.-3
\"-.
/'
V--;^/
-4
1.0
~6
1953
54 ' 55
56
57
58
59
U.S. Department of CoB^ree, $fffce of Business €cQfi<Mt)ics
60
,61
62
63
64
1963
1964
Quarterly
Seasonally Aa*ju&ie<l
SURVEY OF CURRENT BUSINESS
10
June 1964
Table 1.—Analysis of U.S. Balance of Payments, Seasonally Adjusted, Excluding Military Grant Aid
]Millions of dollars]
Calendar year
1960
1961
(DEBITS)
1. Imports of goods and services
2
Merchandise
3. Military expenditures
4. Other services.
_ __
5. Remittances and pensions - _ _
6. Government grants and capital
outflows
7. (Transactions involving no direct dollar outflows from the
United States).
_ _ 8. (Dollar payments to foreign
countries and international
institutions)
9 U S private capital
10
Direct investments
11. Long-term portfolio
12 Short-term
_ _
II. U.S. RECEIPTS (CREDITS)
RECORDED _
1. Exports of goods and services
2. Merchandise
3.
(Financed by Government
(/rants and capital)
4. Military sales
5. Income on investments, private
6.
Income on investments, Government
7. Other services
8. Repayments on U.S. Government loans, scheduled
9. Repayments and selloft's, nonscheduled _ _ _ _ _ _ _ _
10. Foreign private capital other
than liquid funds
.
11 Government liabilities
SELECTED BALANCES (NET
CREDITS +, DEBITS -)
A. Regular types of transactions, seasonally adjusted:
1. Merchandise trade, excluding
military
2. Military sales and expenditures. _
3. Incomes on investments
4. Other services.
5. Goods and services
6. (Excluding exports of goods and
services financed by Government grants and capital outflows)
7. Remittances and pensions
8. Government grants and capital
outflows, less changes in associated liabilities, less scheduled
loan repayments
Domestic and foreign private
capital:
9. Direct and long-term portfolio. _ .
10. Short-term
_
_ _ _
11. Miscellaneous Government nonliquid liabilities
12. Errors and unrecorded transactions
II
r
1962r
1961 '
III
j
IV
II
I
1
IV
III
II
1963 ,
III
IV
II
I
IT,
IV
III
1
1
31, 155 31,791 33, 486 35, 710 7,530 7,743
7,922
7,960 7,673 7,497 8,005
8,616 8,447 8,151 8,312
8,576
8,603
9,679 8,383 9,045 9,113
23, 193 22, 852 25, 021 26, 160 5,964 5,959
14, 723 14,497 16, 134 16, 931 3,801 3, 836
772
762
3,048 2, 954 3,044 2,897
5,422 5,401 5,843 6,332 1,391 1,361
826
166
163
705
738
672
5,801
3, 664
789
1,348
168
5,469 5, 495 5,506 5.867
3,422 3, 386 3,404 3^826
769
695
725
776
1,322 1,333 1, 333 1,346
176
175
174
181
5,984 6,118 6, 269 6,298
3,881 3,948 4, 058 4,088
714
758
749
745
1,389 1,412 1,462 1,465
174
189
187
177
6,336
4,040
792
1,504
185
6,293
4,017
747
1,529
213
6, 506 6, 659 6,702 6, 686
4,197 4, 353 4,364 4,347
731
711
708
720
1,578 1,595 1, 630 1.613
203
191
219
202
1,206 1,074 1,065 1, 066
1,088
1,041
1,333 1,009 1,139
897
790
1,078
815
952
763
194
187
144
3,405
4,054
4,293
4,522
750
891
806
958
966
848 1,034
2,294
2,915
3,220
3, 635
497
547
562
688
674
605
748
1,111
1,139
1,073
887
253
344
244
270
292
243
286
3,885
1,674
863
1,348
4,180
1,599
1,025
1,556
3,434
1,654
1,227
553
4,202
1,862
1,644
696
653
325
261
67
727
292
194
241
1,147
389
196
562
1,358 1,031
668
478
212
99
454
478
967
309
222
436
930
435
259
236
28, 046 30,419 32,394 33, 352 6,838 7, 083
27, 044 28, 438 30, 084 31,673 6,504 6, 750
19, 459 19,913 20, 576 21,938 4,657 4,876
7,132
6,862
4,940
6,993 7,467 7,973 7,262
6, 928 7,127 6,882 7.121
4, 986 5,050 4,755 4,987
2,363
888
813
807
824
776
318
261
258
242
312
251
255
1,252 1,068
628
260
377
446
390
445
303
418 -121
430
771
417
208
146
967
531
326
110
1,056
581
521
-46
1,621
451
598
572
7,717 7,706 7,925 8,408
7,308 7,230 7,634 7 627
5, 121 5, 032 5,237 5,288
8,355
7, 593
5,019
7,655
7,416
4,984
8,337 8,528 8,832
7,880 7, 972 8.405 8* 8K
5, 459 5,597 5,898 6, 08:
512 1,013 1.334
594
236
463
302
223
22f
-26
196
64 £
1,914
335
2,220
402
656
2,720
634
418
75
457
84
461
84
578
92
568
88
480
112
528
102
644
100
596
113
562
190
607
141
598
212
579
181
8/5
206
633
2,911
349
3,464
380
3,850
471
3,982
498
694
87
730
87
731
87
756
88
855
94
833
120
901
70
875
96
866
109
944
143
961
105
1,079
114
1,026
123
972
124
993
125
3,990
4, 279
4, 531
4,621
991
973
1,020
1,006 1,040
1,062
1,061
1,116 1,110 1,120 1,132
1,169
1,102
583
578
599
643
157
133
175
217
93
145
149
179
129
142
141
156
183
53
696
681
326
17
634
6
51
1
58
477
145
25
34
241
2f
340
26
622
85
166
864
299
411
211
-51
258
-18
8
34
157
56
170
156
16
38
2
173
— 22
497
-30
103
271
—4
85
47
27
265
118
123
24
61'
* 21:
991 ' 1.23
12P i
12
1,119 1, 165 1,235 1 1,20
163
47
24
856 1,040
5, 416 4,442 5,007
4, 73f
-2, 713 -2, 552-2,388 -2,263 — 697 -678
530
577
2, 321 2, 962 3,326 3,273
-504 -149 -148
-493 -240 -317
791
540
3,851 5,586 5, 063 5,513
1, 276
-705
589
-99
1,061
1, 564 1, 664 1,351 1, 161
-657 -593
-633
752
741
733
625
— 97 -77 -59 -66
1,451 1,632 1,376 1,254
1,240 1,084 1, 179 1,200
-614 -645 -559 -604
736
737
843
815
-38 -64 -98 -82
1,324 1,112 1,365 1,329
979
-580
931
-73
1,257
967
-566
878
-156
1,123
1,262
-525
810
-173
1,374
49
2,175
250
-826 -163 -166
524
-168
789
792
601
977
— 175 -181 -176 -174
529
677
366
593
-174 -187 -189 -177
519
-185
396
-213
372
855 1,4
552
-219 -203 -191 — 2
— 2, 781 -3, 396 -3, 547 -3, 785 -593 -749
-610
-829 -831
-921
-880 -1,167 -791 -947
-2, 107 -2, 177 -2,609 -3, 188 -371 -306
-71 -294
-1,438 -1,381 -659 -715
-531
-569
-899 -455 -352
-504 -377 -357 -249
1,612
2,899
-705
2,155
-738
-1
(*)
-772
-998 -1,111
-286
-103
-190
1
-199
-3286 -761 -915 -1015
-97 -22 +192
-328f
326
359
-664 -893
1"
-51
199
13
693 :
* 155!
127
68
13. Balance on regular types of
transactions (seasonally adjusted) -3918 -3071 -3605
14. Less: Net seasonal adjustments.
15. Balance on regular types of
transactions before adjustment -3918 -3071 -3605
B. Special Government transactions
(not seasonally adjusted)
1. Nonscheduled receipts on Gov696
68
53
ernment loans
470
-16
2. Advances on military exports
Sales of nonmarketable, mediumterm, non convertible securities:
3. Dollar securities *
25
4
Foreign currency securities
Sales of nonmarketable, mediumterm, convertible securities:
5
Dollar securities
6
Foreign currency securities
C. 1. Balance A+B excluding net receipts from sales of nonmarketable, medium-term, convertible
Government securities (including seasonal adjustment of items
-237( -220
-388
in A)
la. Excluding seasonal adjustment
(eauals line 52. table 3)
_ . _ -388 -237( -220
I
1963
1962
Transactions other than changes in
official monetary assets and in liquid
liabilities (including nonmarketable
medium-term, convertible Government securities)
I. U.S. PAYMENTS
RECORDED
1960
-45
-15
1
1
-928 -1,021 -912
(*)
-697
-398
-457
-441
(*)
(*)
-842
-872
-683 -635
71 -134
1
-1
-1227 -491 -554 -728
-26 +212
— 73 -155
-1298
-892
-274
-496 -918 -1299 -1180
-118 +359
+33 -367
-528
-940
-1267
-618
-378 -1277
634
-33
f
22
24
5
-27
(*)
51
16
143
58
-2
-430
477
107
3:
-460
-1332
-79
-264
-69
-85C
-98
- 1247 -48fc
-1181 i -117-
1
-331
+47
-70C -123
+ 7£ ! -912 -120
-845 -470 -770 | _,
-505
43 -27C
1
2
+42 -277
-1319
-107
-2
+ 73
-383 -404
+462 + 12
— 1212 -845 -416
25
20
34
-5
241
105
2f
231
251
58
5
19
-29
-45
-50
-1
125
225
152
-1072
-130C
-748 -440 -334
-68
-474 -322
-714
-693
-813
1,244 1,534
-619 — 553 — 5(
809
77C 1,01
-54
-121
1,313 1,703 2,1
145
222
15
55
-264
(*)
-124
-332
-429
-214
-834 -1,103
17
-155
+43
-280 -280
-1207 -1154 -336
6C
-616
2
25 ~~~2t
150
j--.
-132
-14( )
-70E -119C -594 -15:
>
-H
SURVEY OF CURRENT BUSINESS
June 1964
11
Table 1.—Analysis of U.S. Balance of Payments, Seasonally Adjusted, Excluding Military Grant Aid—Continued
[Millions of dollars]
1960
1961
1962 ! 1963
I
II
III
1962 r
1961 r
1960 r
Calendar year
IV
I
2. Balance A-f-B including net receipts from sales of nonmarketable, medium-term, convertible
Government securities (including seasonal adjustment of items
-989 -1247 -486
in A)
-3881 -2370 -2203 -1942 -795 -850
2a. Excluding seasonal adjustment
-1174 -331
-2370 -2203 -1942 -698
(equals line 52a table 3)
828 -1181
-3881
D. Increase in short-term official and
banking liabilities and in foreign
holdings of marketable U.S Government bonds and notes (de442
653
538
670 1,564
105 -40
1,738 1,764
crease — )
. ..
1. Foreign private holders including
banks and international and regional organizations (excluding
-84
-46 -429
289 1,083
436
594
328
213
IMF gold tranche position)
44
534
488
1,449
325
102
681
970
457
2. Foreign official holders
E. Decrease in U.S. monetary reserve
739 1, 069
371
175
160
606 1, 533
378
2, 143
assets (increase — )
102
626
441 -135
25
148
81
110
30
1. I M F sold tranche position
...
-25
17 -113
-116
^ Convertible currencies
637
921
94
371
50
857
890
1. 702
461
3. Gold
.. ...
.
II
III
IV
I
1963 r
II
III
IV
I
II
+47 -700
-1231 -748
-440
-334
-681
-722
-1148
+ 73 -912
-1200
-474
-322
-693
-714
-355
-1041
247 1, 125
565
-318
225
900
-320 -213
11 -483
124
-161
146
-170
1964
III
IV
+43 -115
-419
1C
-42
-127 + 207
47
486 -188
325
323
917
,92
132 -156
700
377
55 -653
24 -458
270
462
-53
378
397
-74
144
773
47
145
6
270
126 -426
389
14
351
24
32
-46
-33
111
124
2
6
116
227
59
-28
196
K
-51
131
15
-58 -228
46
38
432
427 -164
768
44
237
312
-54 -114 -324
116
304
510
881
331
104
446
r
l
Revised.
*» Preliminary.
* Less than $500,000.
Includes certificates sold abroad by Export-Import Bank.
NOTE.—A new issue of $25 million to Japan has been omitted from the figures for I 1963. A correction will be made in the September S U R V E Y .
(3) Foreign transactions in U.S. securities resulted in net liquidations b}^
foreigners by $42 million, in contrast to
net purchases of $250 million in 1963
and of $130 million in 1962. The first
quarter 1964 data were affected by
special transactions which do not reflect
a change in economic conditions which
ordinarily may be expected to influence
foreign decisions to invest in U.S.
securities.
It is apparent that the aggregate of
these transactions which had a temporarily unfavorable effect on the first
quarter balance is more difficuL to
ascertain than the aggregate of those
transactions which had a temporarily
favorable influence. Without counting
any part of the capital flows reported by
banks, however, the former may be
estimated to have been about $200
million. It seems likely, therefore, that
among the temporary developments
those favorable to the overall balance
were somewhat larger than those which
bad adverse effects.
Longer run developments in trade
In addition to temporary factors,
nore persistent forces have been influencing recent balance of payments derelopments.
Merchandise exports have continued
0 rise, even after adjustment for agriultural exports which may be attribted to special and transitory condiions. The rise was most pronounced
1 exports to Western Europe and
Canada.
The rise in nonagricultural shipments
to Western Europe occurred mainly in
machinery and various industrial materials. It may be attributed primarily
to the expansion in European business
activity, although the increased demand for steel seems to have reflected
also production losses in the British
steel industry due to strikes.
The data for the first quarter do riot
indicate, however, that exports to
Western Europe have risen more than
by the amount that may have been
anticipated on the basis of past relationships to foreign and U.S. business
activity. The improvement in exports
during 1963 over the amount that
could be anticipated on the basis of
such relationships seems to have been
maintained, however. This improvement may indicate a stronger competitive position of U.S. industry than was
the case in earlier years, in part because
of intensified efforts to develop foreign
markets.
Exports to Canada also increased.
To a large extent the gains occurred in
machinery and seem to have reflected
the rise in industrial and construction
investments in Canada which this time
appears to have been largely independent of new direct investments by U.S.
enterprises. Shipments of automotive
parts for assembly in Canada moved up
also. Sales of other consumer goods
recovered from the drop attributable
to the devaluation of the Canadian
dollar in the first half of 1962 and the
import restrictions imposed in the
middle of that year.
Exports to other areas expanded
relatively little. Increasing stringencies in the foreign exchange situation
of Japan seemed to have dampened the
rise in our exports to that country.
Reduced shipments under Government
assistance programs were one of the
factors keeping down exports to the less
developed countries, particularly in
Asia and Africa.
Merchandise imports, as indicated
earlier, were relatively low during the
first quarter, particularly during the
first 2 months of the year. A substantial rise occurred in March and
April, however. That rise strengthened the impression—gained from comparisons of our imports with various
economic indicators for the United
States as well as other industrially
advanced countries whose demand is
competing with ours for the goods imported by us—that the shortfall earlier
in the year may, in part at least, have
been temporary. Imports were also
affected by other developments.
Imports of meat, for instance, which
were a major factor in the import
rise during the last years were down
as a result of increasing domestic
supplies and declining prices, and in
consequence of recently imposed import
restrictions. Imports of certain industrial materials were affected by
sales from the stockpile. On the other
hand, the recent rise in the price of
coffee was not yet fully reflected in
SURVEY OF CURRENT BUSINESS
12
first quarter import values, and a
further rise can be expected from that
source.
the strong rise in incomes on direct
investments, referred to earlier, which
in part was due to extraordinary
dividend distributions. Even aside
from these, income receipts rose, however, thus resuming the upward trend
which was interrupted in 1963. The
recent rise was mainly in incomes re-
Rise in investment income
The principal development in goods
and services transactions other than
merchandise exports and imports was
Table 2.—U.S. Balance of Payments by Major Components,1 Seasonally Adjusted
[Millions of dollars]
Calendar year r
1960
Goods and Services, Government Assist-2
ance and Long-Term Capital Accounts .
A. 1. Nonmilitary merchandise exports.. . 19, 459
2. Less those financed by Government grants and capital. _ _
1,914
3. Merchandise exports, other than
those financed by Government
grants and capital
17, 545
4. Nonmilitary merchandise imports. _ -14,723
5. Balance on trade excluding exports
financed by Government grants
and capital
6. Nonmilitary service exports „
7. Less those financed by Government grants and capital.
8. Service exports other than those
financed by Government grants
a n d capital _ _ _ _ _
9. Nonmilitary service imports
B.
1963 r
I
II
1964
IP
III
IV
5, 459
5,597
5,898
6,087
815
633
693
617
4,644
4,964
5,205
17, 693
18, 213
19, 218
4,405
-14,497 -16,134 -16,931 -4,017 -4,197 -4,353 -4,364
5,470
-4,347
1961
1962
1963
19, 913
20, 576
21,938
4,984
2,220
2,363
2,720
579
2,822
3,196
2,079
2,287
388
447
611
841
1, 123
7,250
8, 123
8, 852
9,101
2,251
2,215
2,283
2,352
2,558
300
434
532
601
150
177
123
151
128
6,950
7,689
-5,401
8,320
-5,843
8,500
2,101
2,038
2,160
2,201
-6,332 -1,529 -1,578 -1,595 -1,630
2,430
-1,613
-5,422
10. Balance on services other than those
rendered under Government
grants and capital
1,528
2,288
2,477
2,168
572
460
565
11.
4,350
5,484
4,556
4,455
960
907
1,176
1,412
1,940
-3,048
320
-2, 954
399
-3,044
1,139
-2,897
982
-747
204
-731
195
-711
193
-708
390
-720
363
-1,111
-1,139
-1,073
-887
-251
-255
-194
-187
-144
771
124
1.
2
3.
4.
5.
6.
7.
8.
9.
Balance
Other major transactions:
Military expenditures
Militarv cash receipts
Government grants and capitaldollar payments to foreign countries and international institutions
Repayments on U.S. Government
loans excluding fundings by new
loans and repayments on military
credits
U.S. direct and long-term portfolio
investments abroad
Foreign direct and long-term portfolio investments in the United
States
Remittances and pensions
Changes in Government liabilities 3 _
Balance
___
596
1, 212
1,182
-2,537
-2, 624
-2, 881
430
-672
1
447
-705
(*)
272
-738
247
129
404
114
189
-538
-817
-689
68
-203
-93
47
-191
12
-202
-51
318
-826
-42
-6,021
-5,364
-4,896
Balance on Goods and Services,
Government Assistance and
Long- Term Capital Accounts
-1,671
120
-340
-1,632
D.
Recorded U.S. private short-term
capital outflow less foreign shortterm credits to the United States
(excluding foreign liquid dollar
holdings)
-1,438
-1,492
-752
E
Unrecorded transactions
-908
— 1,111
F.
Sales of nonmarketable, mediumterm, convertible Government
G
Balance C-j-D-f-E
-3,881
-2,370
-2,2C3
H
Balance C-f D-f E-f F
-3,881
-2,370
-2,203
-1,942
335
402
656
634
25
33
13
17
26
25
26
6
Memorandum item: Reconciliation of
" Military Cash Receipts" (line B2) with
Table 1.
1. Military sales (table 1, line II-4)._..
2. Less: Military sales financed by
credits (line 15, above)
3. Plus: Principal collections on military credits
4.
Change in liability for
advances on military exports (table 1, line B-2)
5. Equals: Military cash receipts
(table 2, line B-2)
817
-3, 506 -1,102 -1,049
C.
-772
571
-1
-213
63
204
-219
-9
0
-6,087 - 1, 923 -1,735 -1,074 -1,355
-1,242
-963
-828
— 723
15
-286
-124
702
SCO
152
175
25
-2,644 - 1, 072 -1,300
-132
-140
-42
-722 -1,148
43
-115
-42
181
206
92
155
213
-2
10
5
4
-10
1
4
1
-16
5
470
3:9
20
320
399
1,139
982
204
102
57
698
-514
43
-270
-632
49
977
73
-108
195
105
239
140
193
390
363
' Revised.
* Preliminary.
* Less than $500,000. NOTE.—See note to table 1.
1. Excludes military transfers under grants.
2. Short-term capital movements between parent companies and their foreign affiliates are reported as part of direct
investment.
3. Excludes liabilities associated with military transactions, with Government assistance operations, and with sales of
nonmarketable, medium-term, convertible Government securities.
June 1964
ceived from investments by the petroleum industry in the Middle East,
Africa and, to a lesser extent, Latin
America, and reflected the steadily increasing demand for petroleum products as well as the start of production
during 1963 in newly-developed oil
fields in North Africa. Incomes from
direct investments in Western Europe
were lower than in the first quarter of
1963 after adjustment for the earliermentioned extraordinary dividend distributions, possibly because of increasing pressures on profits. This
decline extended the trend which was
already noticeable last year, although
the total amount invested in the area
continued to rise.
Government grants and credits were
considerably below the quarterly average during recent years. The decline
which seems to have been a temporary dip rather than a change in
longer run trends, was partly reflected in exports of goods and services
but it also affected the direct cast
out flow, and thus improved some
what the overall balance (table 6)
Capital outflows higher
The net outflow of U.S. capita
during the first quarter—according t<
data that are still preliminary—wa
more than $1.3 billion after seasons
adjustment (table 1, line 19). Ex
cept for the second quarter of las
year this outflow was higher tha
in any other quarter during the pa^
3 years. Net new capital outflow
reported by banks for both shor
and long-term loans and investmen
were about $700 million after season
adjustment consisting of long-ter
credits of $265 million and short-ter
capital outflows of $436 million. Tt
was a record rate if the report<
credits for the fourth quarter of 19(
are adjusted downward by abo
$150 million for medium-term tra<
credits taken over from a commerc:
enterprise.
The $700 million figure incluc
about $100 million for outstandi
collections, presumably on trade bi"
and associated with the rise in expoi
The net outflow of funds for she
term investments in liquid fore
currency assets, including deposits g
open market paper held by bai
June
1964
largely for their customers was only
$30 million. The increase in Canadian
currency assets, referred to earlier,
was to a large extent offset by a decline in United Kingdom currency
assets. By far the largest part of the
$700 million was in loans and acceptance
credits, some of
which
(directly or indirectly) may have
financed our export trade and may
have supplied capital to countries,
which—in the absence of the interest
equalization tax proposal—would have
obtained it through issues of longterm securities.
The other item contributing to the
large capital outflow during the quarter
was in short-term corporate assets
referred to earlier.
Direct investments—except for the
sudden decline in those to Canada—
continued relatively high. The outflow
to Western Europe was $270 million
compared with over $400 million during
the corresponding period of 1963. The
1963 figure included, however, nearly
$100 million for a single company to
increase its equity in a foreign enterprise. Even after adjustment for this
special transaction, new capital outflows to Europe were somewhat down
from last year. This decline continued
a development which appears to have
set in during 1963, and may possibly
reflect the decline in incomes on direct
investments referred to earlier. A continuation of this trend would indicate
weakening of Western Europe in attracting U.S. capital investments. Relative changes in the economies of
Europe and the United States must
be expected to affect direct investments
more slowly than other capital flows,
since capital flows to already existing
foreign branches and subsidiaries are
not only determined by considerations
for potential earnings from the new
funds but also by considerations for
the requirements of the already established investment to remain competitive.
Capital flows through direct investments to areas other than Europe and
Canada were generally up over the
first quarter of 1963, possibly indicating
a change which may continue for some
time. A shift in direct investments
from Europe to other countries may
be beneficial to the balance of payments
as a larger share of such investments
SURVEY OF CURRENT BUSINESS
13
is likely to be in the form of goods
exported from the United States.
Transactions in foreign securities
continued to reflect the effect of the
proposed interest equalization tax, but
also perhaps an improved attractiveness
of domestic relative to foreign investments.
New issues of foreign securities increased from the previous quarter, but
hardly more than seasonal. The first
quarter issues included $50 million of
bonds sold by the Quebec Hydro-Electric Commission, which was an installment on a $300 million issue arranged
for a year earlier. Most of the other
new issues were also sold by Canada,
but the total was only one-fourth of the
amount sold by Canada in the first
quarter of last year.
Net transactions in outstanding foreign securities continued to result in
net U.S. sales of nearly $100 million.
The shift to net sales started in the
middle of last year arid net sales have
increased since then, although the
amount of change in the first quarter
was less than in the previous quarter.
The balance on unrecorded transactions indicates a larger increase from
the previous quarter in missing debits
than in missing credits after adjustment
for the usual seasonal changes. The
longer run trend in the balance on unrecorded transactions, however, seems
to be moving toward zero from the
peak negative balances in the second
half of 1962 and the first half of 1961.
Changes in reserves and in liquid
liabilities
From the point of view of our official
reserve balances the first quarter developments were also favorable. The
total of official reserves increased by
$51 million, as gold sales of $46 million,
and a reduction in our gold tranche
position at the IMF by $131 million
was offset by increased holdings of convertible foreign currencies by $228
million. During the preceding quarter, the official reserves increased by
$5 million. These increases, although
small, contrast with almost continuous
declines in reserves since the beginning
of 1958.
Within the total of foreign dollar
holdings, official holdings declined while
those of foreign banks increased. These
movements largely reflected windowdressing operations which generally result in shifts of dollar assets by private
banks to their central banks before the
end of the year and in a reverse movement during the following weeks.
MERCHANDISE TRADE
Billion $
Non $
.
7
26
24
20
Exports
16
Imports
Trade Balance
TO3
55
57
59
&$v fi&partmtwt pf Commerce F Office af^ttsisess Economics
61
63
1963
!
1964
Quarterly,
SURVEY OF CURRENT BUSINESS
14
June 1964
Table 3A.-—U.S. Balance of Payments—
[Millions
Western Europe
All areas
Eastern Europe
Canada
i
1
Line
i
2
3
4
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Exports of goods and services
Goods and services transferred under military grants,
net.
Goods and services excluding transfers under military
grants.
Merchandise, adjusted, excluding militaryTransportation
Travel
Miscellaneous services:
Private..
_ _
.._
Government, excluding military
Military transactions..
Income on investments:
Direct investments
„_ _
_
_ _.
Other private
Government
Imports of goods and services
Merchandise, adjusted, excluding military
Transportation
Travel
_.
Miscellaneous services:
Private
._
Government, excluding military
Militarv expenditures
Income on investments:
Private
Government
- ._
- _
1960
1961
1962
1963
1960
1961
1962
1963
28,809
29, 903
31, 623
33, 305
9,879
10,079
10, 892
11,475
1, 765
1,465
1,539
1,632
913
611
626
828
27, 044
28, 438
30,084
31,673
8,966
9,468
10, 266
19 459
1,687
875
19,913
1,821
885
20, 576
1,925
870
21, 938
1,887
934
6, 696
727
88
6,798
887
91
1 275
153
335
1,399
174
402
1,533
203
656
1,569
231
634
474
53
221
2, 355
556
349
2, 767
697
380
3,050
800
471
3,072
910
498
2.3, 193
14, 723
1,988
1,744
22,852
14, 497
1,921
1,747
25, 021
16. 134
2,115
1,892
438
313
3,048
445
406
2,954
607
332
604
278
1961
1960
1962
1963
164
162
213
5,097
5,204
10, 647
229
164
162
213
5, 097
5, 195
7,118
927
103
7,558
875
111
203
8
174
18
3,768
96
469
3,710
107
449
526
65
266
597
67
538
625
69
518
10
11
1
145
6
35
172
2
38
388
123
196
478
158
199
520
183
213
504
209
178
362
216
464
253
26, 160
16, 931
2,187
2,070
8, 384
4,174
1,040
666
8,119
4,045
1, 103
600
8,854
4, 535
1.171
615
3,984
2,899
109
380
4,174
3, 073
120
425
445
396
3, 044
430
438
2,897
228
80
1,629
243
80
1,510
26
4
379
33
3
340
656
339
807
400
381
186
381
157
156
31
152
28
113
113
-37
-37
-26
1,113
1,113
-36
-36
-4
1,030
1,021
-36
-27
1
-I
-11
-32
-28
9
140
6
(*)
131
12
(*)
(*)
9
9
(*)
(*>
9
9
9
9
9,211
4,714
1, 265
688
93
81
2
93
81
3
4
94
79
3
7
100
82
3
247
86
1,609
246
114
1,496
2
1
400
191
467
221
0)
4
1
(*)
(*)
(*)
136
136
-30
-30
-24
71
71
-27
-27
21
68
68
-36
-36
—27
-5
-1
—4
~_2
30
31
32
33
34
35
36
37
38
39
40
41
42
U.S. capital, net [increase in U.S. assets (— )]
Private, net
Direct investments net
New issues of foreign securities
Redemptions
Transactions in outstanding foreign securities
Other long-term, net
Short-term, n e t _. _
_ _ _ _ _ _
Government, net
Long-term capital
Repayments on U.S. Government loans, scheduled.
Repayments and selloffs nonscheduled
Foreign currency holdings and short-term claims,
net [increase (— )].
-4, 990
-3, 885
1 674
555
201
-309
-200
-1,348
-1,105
1 213
583
53
-528
-5,106
-4,180
— 1,599
-523
148
-387
-263
-1,556
-926
-1,939
578
696
-261
-4,528
-3,434
-1,654
-1,076
203
-96
-258
-553
-1,094
-2, 129
599
681
-245
-5,859 -1,387
-647 -1,518
-465
-4,202 -1,524 -1,146 -1,314 -1,686
-1,862
-962
— 724
-867
-869
— 1,269
-272
-24
-195
-57
195
33
30
23
25
2
-6
-16
-126
-233
-564
-84
-497
-16
-115
-696
-73
-421
-185
-47
-1,657
667
168
137
681
-287
-303
-2,181
—232
-276
232
643
209
266
246
326
666
277
31
669
56
72
-445
42
-15
-117
1
-51
-4
-42
3
3
—1
-1
43
Foreign capital (lines 44-48), net [increase in U.S. liabilities
366
707
1, 030
710
229
445
784
495
-2
141
289
-90
73
374
175
132
140
-106
17
301
-19
113
235
-98
78
245
120
62
102
-109
8
171
26
-2
26
85
44
45
46
47
48
49
50
51
52
52a
53
1
II
III
Direct investments in the United States
Other long-term investments
U.S. private short-term commercial and brokerage
liabilities.
U.S. Government liabilities other than interest-bearing
securities.
U.S. Government nonmarketable, medium-term, nonconvertible securities.
U.S. Government nonmarketable, medium-term, convertible securities.
Increase in short-term official and banking liabilities and
in foreign holdings of marketable U.S. Government
bonds and notes [decrease (— )].
Increase (— ) in monetary reserve assets, including gold,
convertible currencies, and IMF gold tranche position^
Reduction in monetary reserve assets and increase in
liquid liabilities including U.S. Government nonmarketable, medium- term, convertible securities (lines 49-51).
Excluding increase in U.S. Government nonmarketable,
medium-term, convertible securities (lines 50 and 51).
Errors and omissions and transfers of funds between
foreign areas [receipts by foreign areas ( — )], net
613
454
251
-43
478
339
251
— 49
702
i
-16
-118
-5
8
-47
-121
-55
-56
-45
(*)
(z)
(*)
-8
(*)
(4
(*)
(*)
18
-16
-1
27
-15
(*)
(X)
-9
-26
(*)
10
—2
-31
14
7
—9 !
i
i
-6
1
4
184
330
11
11
-6
1
4
184
330
952
-6
1
4
184
330
-1,390 -2,684 -1,476 -1,506
2
13
9
-24
-425
-240
670
1,564
717
1,224
-720
665
2, 143
606
1, 533
378
1,718
636
1,127
287
3,881
2, 370
2,203
2,644
2, 435
1,860
407
1, 529
3,881
2,370
2,203
1,942
2,435
1,860
407
-772
-998
-1,111
2,971
2,540
3,489
3,042
2, 605
490
2,043
11
-6
1
2,332
639
2,145
395
2,575
914
1,045
1,997
-824 -1,069
1,559
3,429
23
2,020
13
2
7
-13
10
-9
*• Revised
» Preliminary
na Not available.
* Less than $500,000.
1 Transactions with shipping companies operating under the flag of the Bahamas, Honduras,
Liberia and Panama are included in "unallocated."
2 Changes in reported total gold reserves of foreign banks and governments (including
-828 -1,067
-835 -1,065
-451
-302
-221
-237
112
55
-94
-88
32
10
-213
-503
7
—2
11
1,764
-286
-9
577
1,738
Memorandum items:
Increase in reported total foreign gold reserves and
4,189
liquid dollar holdings ^
Through estimated net receipts
from, or payments
3,847
(-) to, the United States 23
Through other transactions
_.
_ . . _ . . . . 342
2
7
1
1
7,145
2,038
6,602
1,495
1,960
2,264
7,051
5, 616
582
1,412
1,436
5, 586
5,063 5,513
1, 349
3,851
-4,101 -4,024 -4,196 -4,354 -1,382 -1,116 -1,106 -1,264
-2,722
-469
-480
-2,559
-2,657
-505
-436
2 336
-564
-144
-493
-138
-470
-147
-158
-458
-913
-626
-828
—611
1 765 — 1,465 -1,539 -1,632
-216
-240
-254
-148
-1,664 -1.854 -1,919 -1,896
-262
-130
-245
-104
-120
-235
-91
-214
28
29
1961
229
Balance on goods and services
Excluding transfers under military grants
Unilateral transfers, net [to foreign countries ( — )],
Excluding military transfers
Private remittances
Government:
Military grants of goods and services
Other grants
Pensions and other transfers
22
23
24
25
26
1960
4 !
-20
24
1
109
-241 i
350
391
90
301
international organizations but excluding the countries of the Soviet bloc) , net of convertible
currencies held by U.S. monetary authorities, plus liquid claims on the United States plus
net changes in their IMF position through U.S. dollar transactions
3. For "All Areas" equals balance (with reverse sign) of line 23 (less net sales of gold by
SURVEY OF CURRENT BUSINESS
June 1964
15
Annual, Total and by Area, 1960-63 '
of dollars]
Canada— Con.
Other countries
Latin American Republics
Japan
Total
1902
5,370
j
1961
1960
1963
5,555
1962
International institutions and
unallocated 1
1963
1961
1962
1963
1961
2,092
5,256
5,377
5,315
5,353
8,070
8,797
9,571
10, 400
72
128
81
62
780
717
832
742
1963
1962
1960
1,926
2,229
Australia,
New
Zealand,
and
South
Africa,
1963
1,143
Line
Other
Caribbean,
1963
635
1961
1960
278
1962
282
1963
313
309
1
2
5, 370
5,555
5,184
5,249
5,234
5,291
7,290
8,080
8,739
9,658
2,092
1,926
2,229
1,143
635
278
282
313
309
3
3, 892
120
392
4,106
115
372
3,522
266
253
3,488
219
273
3, 318
251
302
3,225
292
344
5, 257
445
65
5,777
479
72
6,117
473
73
6,875
433
107
1,766
109
13
1,543
125
12
1, 811
109
20
836
45
20
367
56
35
13
145
123
142
154
4
5
6
181
3
26
178
3
18
275
27
19
292
32
17
297
41
16
288
49
17
301
67
54
328
75
57
370
92
63
384
109
70
87
7
24
96
7
24
95
9
23
476
280
C)
449
314
641
102
79
730
121
77
762
135
112
799
151
126
960
76
65
1,078
119
95
1,260
154
137
1,304
191
185
15
59
12
26
78
15
25
106
31
98
27
3
4,616
3, 445
114
479
4,867
3,645
102
522
4,568
3,619
175
447
4,201
3,299
144
442
4,393
3,457
145
477
4,524
3,514
149
532
5,610
3,916
259
244
5,734
3,958
260
276
6,432
4,535
304
314
6,817
4,901
261
321
1,612
1,054
91
46
1,937
1, 358
108
50
2,070
1,497
82
52
827
654
38
12
53
4
308
60
5
278
163
61
59
155
65
57
125
73
76
104
83
79
21
109
980
14
118
1,046
20
129
1,050
20
156
1,043
4
7
388
6
7
383
6
12
365
1
8
105
178
35
198
57
30
14
32
7
31
9
52
11
38
43
37
25
46
34
75
40
3
19
10
15
32
24
6
3
754
754
-22
-22
1
688
688
29
-29
-5
688
616
-254
-182
-63
1,176
1,048
-363
-235
-68
922
841
-355
-274
-81
829
767
-434
-372
-101
2,460
1,680
-2,283
- 1, 503
-227
3,063
2,346
-2, 370
-1,653
-233
3,139
2,307
-2,521
-1,689
-240
3,583
2,841
-2, 445
-1,703
-271
480
480
-27
-27
-21
-11
-11
-28
-28
-21
159
159
-32
-32
-25
-23
-24
-72
-106
-13
-128
-151
-16
-81
-176
-17
-62
-251
-20
-780
— 1, 199
-77
-717
-1,335
-85
-832
-1,366
-83
-742
-1,347
-85
2
-4
-1
-6
(*)
-7
-710
-710
-314
-457
83
79
-37
-64
-823
-824
-334
-737
108
81
16
42
1
-700
-539
-95
-107
12
(*)
-159
-190
-161
-331
177
22
-29
-1,156
-453
-173
-18
14
-18
-108
-150
-703
-798
138
26
-69
-721
-220
32
-102
14
-22
-39
-103
-501
-621
164
15
-59
-524
-150
-63
-35
18
i
29
-98
-374
-552
215
34
-71
-1,749
-858
-154
-106
33
-49
-60
-522
-891
-571
130
-2,047
-953
-431
-238
57
-39
-100
-202
-1,094
-1,098
188
-2, 781
-1, 435
-557
-225
35
-34
-96
-558
-1,346
-1, 248
200
15
-313
-851
-828
-29
-61
2
-11
-34
-695
-23
-64
37
-583
-527
-54
-101
4
23
-108
-245
-56
-98
39
-835
-782
-68
-140
9
-29
-114
-440
-53
-93
61
-450
-2, 307
-1,525
-392
-199
31
-62
-49
-854
-782
-801
181
1
-163
4
3
-21
! (*>
1
(X)
-184
115
46
1
75
109
33
75
134
-30
57
41
11
-38
43
59
19
42
12
3
16
-9
-1
34
13
5
-20
20
-25
54
-22
7
41
20
-1
56
57
22
-17
-36
-8
41
-15
32
25
1
-15
-10
5
-28
-6
-1
1
-9
29
104
26
7
°2
1
34
9
0
-5
(*)
72
78
83
24
13
11
4
39
17
46
32
48
813
530
22
152
554
34
403
531
41
291
632
83
378
7
3
92
57
136
100
7
2
58
2
61
1
70
15
71
20
21
316
316
-9
-9
-6
-178
-178
-28
-28
-18
-276
-276
-116
-116
_o
-249
-249
-112
-112
-319
-319
-156
-156
-332
-332
-145
-145
-3
22
23
24
25
26
-8
-2
-114
-110
-154
-142
0
27
28
29
-161
-155
-147
-1
1
-1
5
-12
-6
-6
-209
-130
-12
-97
19
-40
-60
13
-157
-82
-39
-12
18
15
-361
-240
-74
-84
16
-98
(*)
-79
-74
2
(*)
-73
-62
3
(*)
-121
-121
2
(*)
-7
-14
2
-2
30
31
32
33
34
35
36
37
38
39
40
41
42
71
70
52
79
43
23
44
45
46
56
47
88
(*)
26
-80
-112
-109
-17
15
-10
28
-19
32
(*)
17
15
(*)
19
1
71
(*)
(*)
153
4
6
(*)
(*)
(•)
5
34
16
45
10
11
12
641
75
407
13
14
15
1-6
(x)
73
(*)
(*)
9
11
-54
-75
-78
5
(X)
(«)
5
5
(*)
28
(*)
13
58
16
12
(*)
(*)
(*)
58
(*)
36
-193
-64
(*)
17
18
19
48
5
125
522
7
8
9
49
-48
103
124
594
351
-160
568
504
100
109
-175
-32
150
109
90
24
-297
524
259
38
12
523
273
175
-139
50
175
-248
684
99
51
329
61
52
212
-51
562
501
-51
658
528
-297
524
259
38
12
698
25
859
-40
52
329
-64
52
212
-51
562
501
-51
658
528
-297
524
259
38
12
698
25
859
-40
52a
-466
57
213
56
96
-466
996
1,531
801
1, 058
654
87
487
-299
350
-168
326
-75
595
53
281
170
-322
160
-115
586
353
45
955
678
-272
524
259
38
12
996
-224
928
8
I
-137
118
265
268
45
96
1,497
1,480
1,459
1,586
357
611
746
-261
362
496
313
726
486
II
418
52
-587
-108
-160
490
-1,144
-1,485
-504
-908
-629
-87
-487
299
-350
500
-537
202
-478
III
domestic sources to (+) or purchases from (—) the monetary gold stock of the United States)
plus lines 25, 30, 43, and 53. Domestic sales to (+) or purchases from (—) the monetary gold
stocks were in millions of dollars: 1960 I, -9; II, -10; III, -5; IV, -10; 1961 I, -5; II, -9;
III, -8; IV, -16; 1962 I, -13; II, -15; III, -12; IV, -18; 1963 I, -15; II, -16; III, -15; IV,
-23; 1964 I, -19.
4. Line I minus line II for all areas represents gold obtained by foreign central banks and
governments outside the United States.
NOTE—See note to table 1.
Source: U.S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
16
June 1964
Table 3B.~U.S. Balance of Payments—Quarterly, 1960-63, and 1st Quarter 1964
[Millions of dollars]
19 30 r
Line
II
I
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
52a
53
I
II
III
Exports of goods and services
6,732
Goods and services transferred under
military grants, net
443
Goods and services excluding transfers
under military grants
6,289
Merchandise, adjusted, excluding
military.
4,615
Transportation
403
Travel
_ __
172
Miscellaneous services:
Private..
__ _
303
Government, excluding military...
36
Military transactions'
58
Income on investments:
517
Direct investments
Other private
125
Government...
60
196 I'-
III
IV
I
11
ll!
IV
I
6,877
7,681
7,231
7,594
7,014
8,064
7,441
622
282
418
324
543
247
351
390
6,897
6, 595
7,263
6,907
7,051
6,767
7,713
5,008
431
234
4,691
437
288
5,145
416
181
5,012
419
173
4,918
468
245
4,674
460
283
5,309
474
184
306
36
122
319
43
70
347
38
85
328
42
71
340
43
150
339
44
88
392
45
93
355
46
96
565
138
57
520
140
87
753
153
145
640
158
64
621
175
91
642
176
61
864
188
164
644
186
72
7,519
1
na
2
7,988
7,235
8,139 7,477
8,822
8,675
3
5,461 4,915
484
491
260
258
5, 189
495
166
4,953
420
185
5,691 5, 192
504
476
264
288
6, 102
487
197
6,090
464
215
4
5
6
376
50
228
377
53
127
425
54
205
375
55
164
370
58
244
371
57
78
453
61
148
377
60
196
7
8
9
701
200
126
646
201
91
1,059
213
182
785
210
88
702
226
108
651
227
109
934
247
193
927
253
93
10
11
12
6,336 6,496
4,073 3,956
574
598
727
495
6,340
4,174
512
375
5,917
3,909
473
314
6,567 6,973
4,212 4,299
590
607
820
538
6, 703
4,511
517
398
6,415
4,333
478
343
13
14
15
16
115
142
745
114
98
792
101
94
747
112
154
711
111
100
708
100
130
720
17
18
19
183
188
248
186
188
104
95
91
110
89
719 2,414
1,953 1,765 2,247
1,572
1,648 1,318
504 2,119
-991 -1,098 -1,382 -868 -1,006
200
111
na
2,260
na
20
21
22
23
24
5,917
3, 958
433
350
5,849
3,931
431
295
100
64
772
102
70
762
118
110
789
118
69
725
102
88
776
103
77
769
117
150
695
123
91
714
111
82
758
U.S. capital, net [increase in U.S. assets (—)]..
Private, net.
__
Direct investments, net
New issues of foreign securities
Redemptions.. __ __
_ _ _ ..
Transactions in outstanding foreign
securities _
_.
Other long-term net
Short-term, net
Government, net
Long-term capital
Repayments on U.S. Government
loans, scheduled.
Repayments and sellofTs, nonscheduled.
Foreign currency holdings and shortterm claims, net [increase (— )].
-888 -1,127 -1,092 -1,883 -1,394
-947 -1,543 -1,011
-737
-658
-458
-329
-728
—305 -312
-95 -107
-53
-111
-296
41
46
47
55
53
-105
-71
-69
—23 -110
f)K
5
— 102
51
— 78
-469
—92 — 181 —482 -593
—230 —390 — 145 —340 —383
-409
-388
—238 —353 -234
98
183
160
108
132
na
295
7,884 7,161
6,060
3,683
539
668
NOTE.—See note to table 1. See footnotes, table 3A.
9,117
215
5,011
455
186
5,612
3,457
541
454
Memorandum items:
Increase in reported total foreign gold
reserves and liquid dollar holdings.2
Through estimated net receipts from,
or payments (— ) to, the United
States.3
Through other transactions *
7,692
7,051
5,263
3,399
408
275
Increase (— ) in monetary reserve assets including gold, convertible currencies, and
IMF position.
Reduction in monetary reserve assets and increase in liquid liabilities including U.S.
Government nonmarketable, medium- term,
convertible securities (lines 49-51).
Excluding increase in U.S. Government nonmarketable medium-term, convertible securities (lines 50 and 51).
Errors and omissions and transfers of funds
between foreign areas [receipts by foreign
areas (— )], net.
8,814
I
447
5,389
3,484
434
328
Foreign capital (lines 44-48), net [increase in
U.S. liabilities (+)].
Direct investments in the United States. ..
Other long-term investments
U.S. private short-term commercial and
brokerage liabilities.
U.S. Government liabilities other than
interest-bearing securities.
U S Government nonmarketable medium-term, nonconvertible securities.
U S Government nonmarketable mediumterm, convertible securities.
Increase in short-term official and banking liabilities and in foreign holdings of marketable U.S. Government bonds and notes [decrease (— )].
IV
7,682
6,011
3,551
557
668
Pensions and other transfers
III
305
6,051
3,858
551
470
146
146
65
69
1,968 1,982
1,644 1,439
-983 -1,198
Line
II
8,293
5,742
3,830
446
278
141
163
77
68
866 2,292
584 1,874
-863 -1,055
8,510 7,379
I
IV
218
Imports of goods and services ...
_ _ Merchandise, adjusted, excluding military.
Transportation _ _ ._
_
Travel
Miscellaneous services:
Private
_
__.
Government, excluding military
Military expenditures
Income on investments:
Private
Government __ _ _
_
_ .
Balance on goods and services
Excluding transfers under military grants Unilateral transfers, net [to foreign countries (-)].
Excluding military transfers. _
Private remittances
Government:
Military grants of goods and services _ _
Other grants
152
151
86
101
990 1,468
846
547
-983 -1,200
III
II
1964 P
196 3'
196 2'
626
105
74
749
172
151
140
158
161
76
84
68
80
86
954 2,147 1,592 2,174
883
707 1,796 1,202
665
1,548
-830 -1,013 -1,111 -1,273 -821
675
106
90
731
-540
— 103
-578
—111
-581
— 111
-63?
-133
-659
— 117
-655
— 109
-583
— 114
-662
-130
-721
-116
-647 -603
—121 — 115
-686
— 141
-651
-137
-707 -653
— 141 — 135
-711
— 151
-635
— 130
25
26
-443
—381
-56
-622
—418
-49
-282
—417
-53
-418
—448
-56
-324
—480
-62
-543
—486
-60
-247
—413
-56
-351
—475
-57
-390
— 537
-68
-626 -218
—467 —430
-59 -58
-305
—485
-60
-447
—445
-69
-675 -215
— 500 — 455
-66 -63
-295
—496
-64
na
—435
-70
27
28
29
-578 -1,147 -1,987 -1,420 -1,119 -496 -1,493 -1,468 -2,412 -297 -1,682 -1,562
227 -1,273 -1,284
-992
-680 -1,497 -1,023 -673 -521 -1,217 -1,006 -1,696
-442 -235
-551
-365
-334
— 501 — 136 — 674 -433
—476 -342
-601
-312 -133
-170
-91 -138
-187
-87 -132
-481
-461
-518 -183
44
43
56
36
66
40
29
50
52
50
45
38
32
-33 (*)
-59
-91
-73 -157
-88
99
89
-68
28
30
31
32
33
34
35
-36
-376
414
-309
192
17
-141
24
-150
-95
634
7
-142
— 77
-103
-60
-131
— 467
-537
78
—218
-580
—490
-684
210
— 185
-408
—397
-479
129
6
51
1
-14
-67
-48
—59 —35
171 -56
25
—446
-507 -486
154
109
?1
-260
—276
-657
207
477
145
25
nr.
29
-50
58
-151
— 19
61
-462
-558
121
—127 — 113
121
-532
— 716 — 70
-620 -441
163
131
34
-261
241
-33
—305
—346
—409
-562
228
—232
-630
-278
-516
142
36
37
38
39
40
26
54
41
42
42
-101
146
181
57
-18
198
226
28
255
312
40
161
517
70
242
129
269
102
43
40
175
—4
59
121
-53
53
1
—7
-11
-8
-26
21
101
77
31
148
79
26
-13
26
99
32
41
152
23
77
-11
-50
6
-16
12
8
15
-45
-11
10
-29
55
149
67
12
56
17
-39
86
-74
24
-12
13
44
45
46
-65
54
10
27
-1
-32
20
98
142
24
159
288
37
-19
139
297
132
47
251
63
— 10
—95
—1
— 55
48
1,125
432
47
-213
768
427
-40
247
1,069
371
-320
1,181
1,174
331
-73
912
1,200
474
1.181
1,174
331
-73
912
1,200
474
83
-602
153
538
653
442
160
175
739
698
828
698
828
105
37
-150
-149
-510
860
1,030
-120
-359
4£
350
152
175
25
325
323
917
192
132
881
389
32
124
227
322
693
714
705
1,193
594
152
-207
5:
322
693
714
255
1,041
419
127
-207
52;
-144
-420
-700
26
42
5
486 -188
-164
112 -277
K
-147
-156
-51
5(
5.
1,274
1, 025
462
238
924
1,347
597
380
664
899
843
1,339
736
571
-80
689
818
1,176
1,164
326
-82
904
1,184
461
307
681
696
690
1,177
579
129
-226
I
171
212
98
-139
136
320
20
163
136
73
-17
203
153
162
157
442
146
11
June 1964
There were also sales of dollars by certain foreign central banks to their private banks aimed at dampening expansionary tendencies in their economies
by reducing bank reserves and lending
facilities. These changes in foreign dollar holdings do not reflect transactions
with the United States, and do not affect the overall balance as measured
./here.
The geographic distribution of foreign
gold and dollar holdings shows declines
by Canada and Europe, offset by increases in Latin America, the Far East
(other than Japan), and the Middle
East.
The balance by areas
The geographic breakdown of the
balance of payments on regular transactions shows that the improvement in
the balance from the first quarter of last
year can be found in the transactions
with each of the separate areas shown
in the table with the exception of
Japan. The unfavorable change in the
balance writh that country can be attributed to the exceptionally large bank
credits in the first quarter of this year.
The improvement in the balance with
Western Europe was about $250 million. The favorable change in our
transactions with Canada was even
more, but the balance in the first quarter of last year was relatively adverse
because of the large volume of new
issues sold here, including a $125 million
issue of the Canadian Government.
Even allowing for these exceptional
transactions the improvement in our
balance was quite substantial.
The balance with Latin America improved by about $200 million, and that
with other developing countries by
nearly $100 million. The fact that the
improvement was so widespread rather
than being concentrated in transactions
with any one area indicates that it is
rather well founded rather than due to
foreign developments with only local
significance.
The data also indicate that before
seasonal adjustment but without
receipts from special Government transactions we had in the first quarter a
$160 million surplus with Western
Europe and a surplus of similar size
with Canada, Australia, New Zealand,
and South Africa taken together,
731-286°
SURVEY OF CUEEENT BUSINESS
balanced by deficits with Japan and the
less developed countries.
MAJOR STATISTICAL
REVISIONS
Merchandise trade
The 1962 export figure was increased
by about $100 million. Nearly half
of the revision was in the recorded
trade figure. Slightly more than half
represents the value of partial shipments not included in the recorded
figures until the shipments are completed. The latter type of adjustment
accounts also for the upward revisions
of the 1963 export figure by $36 million.
The $30 million downward change in
1963 imports represents mainly revisions in the recorded trade data.
Transportation
17
other services charged by American
companies to their foreign subsidiaries,
and about $20 million added to incomes
from royalties received from unrelated
sources. These revisions are based on
questionnaire returns not available at
the time the previous figures were published. The estimates for expenditures
by foreign governments in the United
States and various other types of transactions were also raised. The revisions
for 1963 were mainly for the fourth
quarter, for which only incomplete data
were available at the time of the previous publication. Net receipts from
the carriage of mail were transferred to
Government transactions.
Income on direct investments
Credits: The 1963 figure was reduced
by about $80 million. The change was
mainly in the fourth quarter and represents the usual revision of preliminary
quarterly estimates.
The revisions are che result partly of
the use of 1962 data not previously
available under established reporting
systems, and partly of the introduction U.S. direct investments abroad
of new types of information and corDebits: The 1962 figure was raised
responding changes in estimating meth- by about $100 million to include quesods. The principal changes are as tionnaire reports not available at the
follows in millions of dollars (rounded): time of the previous revision of that
figure in June 1963. The $60 million
1961 1982 1963
increase for 1963 represents a $50 million upward revision of the figure for
CreditSf total
130
180
40
the first quarter, a $20 million downForeign port expenditures in the
United States
_ .. _ _ 110
100
ward revision in the third quarter,
Passenger fares received from foreign
30
residents
_
_
50
30
and a $30 million upward revision in
Freight earnings of U.S. transporta-10
30
tion companies
10
the fourth. The revisions are based
Debits, total
-30
60
30
on recent questionnaire returns.
U S port expenditures abroad
20
Passenger fares paid by U.S. residents. -10
Freight on imports paid to foreign
transportation companies
—40
20
10
30
30
Further revisions for 1963 will be included in the September SURVEY.
Travel
Credits: The estimates were reduced
by $15 million in 1961, $50 million in
1962, and $7 million in 1963. Most of
the 1962 revisions affected receipts from
Canada, the other revisions are due to
lower estimates of average expenditures
of in-transit travelers.
Redemptions of foreign securities
Credits: The estimates were raised
by $25 million in 1961, $33 million in
1962, and $45 million in 1963, reflecting recalculations of the redemption
schedules of foreign dollar bonds issued
in U.S. markets. These amounts were
shifted from transactions in outstanding securities, thus resulting in an offsetting change in that figure.
Other long-term U.S. capital
The $20 million increase in debits in
1963
was due to the usual revisions of
Miscellaneous services^ private
the preliminary fourth quarter 1963
Credits: The totals for 1962 and 1963 figures.
were revised upwards by about $60
million. For 1962 this includes $40 Short-term U.S. capital
The increase in net debits by about
million added to the figures for income
from management fees, royalties and $50 million in both 1962 and 1963 rep-
SURVEY OF CURRENT BUSINESS
18
June 1964
Table 3C.—U.S. Balance of Payments—
[Millions
Eastern Europe
Western Europe
1963 *
1964 v
II
III
IV
1 Exports of goods and services
2,730
221
3,153
369
2,506
114
3,086
124
3
2,509
2, 784
2,392
2, 962
2, 932
1, 754
1,955
1,727
2,122
2,118
3
2
4
Goods and services transferred under military
grants, net.
Goods and services excluding transfers under
military grants.
Merchandise, adjusted, excluding military.
Transportation.
..
_
_
Travel
Miscellaneous services:
Private
Government, excluding military ^
Military transactions.
__ _
Income on investments:
Direct investments^. __ _Other privateGovernment
I
I
na
na
III
II
29
1963 r
1964 v
1963 '
I
Latin
America
and Other
Caribbean
Canada
I
II
169
1,218
I
IV
1964 f
III
IV
1,449
1,348
1,540
1,482
1,354
23
1,575
16
I
39
29
74
39
71
169
1, 218
1,449
1,348
1,540
1, 482
1,331
1,559
23
67
27
57
163
921
1,094
981
1,110
1,121
790
978
3
3
9
3
24
72
29
107
32
126
30
67
25
90
' 72
79
82
106
2
41
00
3
41
1
7
44
1
4
52
1
4
41
1
12
71
12
10
73
13
4
89
68
90
80
81
79
189
87
109
83
233
39
25
227
39
37
25 1,009
22
789
1
22
40
1,236
946
27
110
1,385
929
28
286
1,237
981
25
86
1,134
910
23
51
1,318
1,010
44
173
1,310
992
46
165
15
1
83
15
2
73
16
1
64
14
1
58
16
2
71
23
20
34
26
23
40
45
14
49
14
46
15
58
14
45
16
12
2
15
3
-37
-37
7
-7
303
303
348
348
7
-7
1 1K
36
13
265
249
-92
-33
-114
42
-23
-52
7
-16
-66
71
230
31
230
33
216
25
217
25
150
17
136
147
17
207
141
18
57
187
17
118
152
17
148
165
48
18
121
50
26
101
53
32
117
58
102
176
58
21
1
2,024
1,061
250
72
2,351
1,171
361
208
2,418
1, 166
347
288
2,418
1,316
307
120
2,202
1, 225
252
80
21
18
1
(*)
59
28
391
62
24
371
62
33
362
63
29
372
60
31
377
00
2
00
114
49
102
52
102
58
149
62
116
61
Balance on goods and services-706
Excluding transfers under military grants... —^
485
Unilateral transfers, net [to foreign countries (— )]_ -328
Excluding military transfers_ _ _ -107
-31
Private remittances
Government:
-221
Military grants of goods and services
Other grants
-43
qq
802
433
-474
-105
-32
88
-26
-227
-113
-46
668
544
-235
-111
-49
na
730
na
-94
-38
8
8
10
-10
7
-8
-6
-9
-6
—369
-40
-114
-36
124
-29
na
-20
-2
2
U.S. capital, net [increase in U.S. assets (-)]_
Private, net
Direct investments net
New issues of foreign securities
Redemptions
Transactions in outstanding foreign securities.
Other long-term net
Short-term, net
Government, net
Long-term capital
Repayments on U.S. Government loans,
scheduled.
Repayments and selloffs, nonscheduled__
Foreign currency holdings and short-term
claims, net [increase (— )].
-461
-424
-403
-65
2
-17
-709
-633
142
-154
3
-35
116
-135
-88
-19
10
2
-464
-494
-236
-34
8
56
-422
-374
—270
4
-52
-13
-28
87
-37
-103
19
-134
-171
-76
-67
35
-83
47
251
-54
66
-252
-36
30
-79
89
-152
-21
—48
-87
16
24
23
16
-60
233
6
4
16
23
43
105
145
103
142
15
44
45
46
-18
2
31
69
80
21
16
39
28
-59
50
-54
-9
—36
-8
27
n
115
206
123
63
16
-95
225
152
175
25
48
501
84
32
-16
155
129
-68
-195
808
388
-11
-211
-4
6
-4
6
-3
53
151
-27
-116
656
213
-36
-211
-4
6
-4
6
-3
-72
151
-27
-572
468
-100
2
5
-2
-29
-119
232
65
53
77
174 .
—122
119
285
-208
7
8
9
10
11
12
Imports of goods and services
Merchandise, adjusted, excluding military
Transportation
TravelMiscellaneous services:
17
Private
Government, excluding military
18
19
Military expenditures
Income on investments:
20
Private
Government
21
13
14
15
16
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
Foreign capital (lines 44-48), net [increase in U.S.
liabilities (+)].
Direct investments in the United States
Other long-term investments
U.S. private short-term commercial and
brokerage liabilities.
U.S. Government liabilities other than inter47
est-bearing securities.
U.S. Government nonmarketable, medium48
term, nonconvertible securities.
49 U.S. Government nonmarketable, medium-term,
convertible securities.
50 Increase in short-term official and banking
liabilities and in foreign holdings of marketable U.S. Government bonds and notes [decrease (-"-)].
51
52
52a
53
I
II
III
Increase (— ) in monetary reserve assets, including
71
gold, convertible currencies, and IMF position
Reduction in monetary reserve assets and increase
in liquid liabilities including U.S. Government
nonmarketable, medium-term, convertible se344
curities (lines 49-51)
_ _
Excluding increase in U.S. Government nonmarketable, medium-term, convertible securi119
ties (lines 50 and 51)
Errors and omissions and transfers of funds between foreign areas [receipts by foreign areas
-366
( — )] net
Memorandum items:
Increase in reported total foreign
gold reserves
2
388
and liquid dollar holdings
Through estimated net receipts from, 3 or
-22
payments (— ) to, the United
States
___
410
Through other transactions 3
NOTE.—See note to table 1. See footnotes, table 3A.
qq
q-i
qq
qc
2
00
00
(*)
(*)
3
3
1
1
6
1
25
22
1
1
29
23
25
19
1
2
00
3
2
00
49
49
o
("0
2
1
00
00
00
00
.00
00
2
46
46
10
-10
7
144
144
209
209
213
213
-9
7
-8
-2
-6
_2
-2
i
-2
5
2
-13
-14
-13
-9
10
10
n
3
66
-8
-5
-39
00
00
-40
«
3
-10
-4
1
-7
-2
—4
8
1
4
00
00
00
("0
00
00
422
347
236
650
-80
502
-111
458
-8
-2
ion
-467
-467
-118
-368
27
30
-451
-449
-53
-264
30
1
20
16
54
-79
28
15
75
76
-109
-26
23
35
-312
-312
-21
-91
20
20
-66
69
13
-13
2
2
-315
-146
100
19
32
-195
2
-25
131
4
-10
163
i
4
-244
13
78
135
-124
35
-4
-45
-169
-197
44
-2
4
i
1
-47
7
-23
-57
00
8
-5
(*)
00
00
2
00
00
00
8
-5
("0
-19
28
-2
39
51
-22
49
00
1
3
-17
21
11
-4
i
-4
3
24
4
10
19
9
-2
-2
3
-29
-4
28
13
-1
1
25
6
12
216
167
-17
-34
-307
199
133
-116
-307
199
133
-293
227
-32
2
(*)
(„)
1
-55
886
II
I
74
199
22
5
6
1963 "
125
-18
-143
-229
86
-4
A
-2
-2
6
6
11
-5
-4
A
-6
2
6
-3
6
-23
29
-72
151
-10
(*)
(*)
-17
216
-42
-133
17
-305
-2
-7
-74
-253
188
127
26
-33
-409
335
-80
-173
167
21
131
-4
SURYEY OF CURRENT BUSINESS
June 1964
19
Area by Quarter, !%& and 1st Quarter 1964
of dollars]
Latin America
and Other
Caribbean— Con .
Japan
Australia, New Zealand , and
South Africa
Other countries
International institutions and
unallocated
Line
1964 P
1963 '—Con.
I
1963
I
I
IV
II
1964 v
r
III
IV
1963
I
I
II
1964 P
r
IV
III
1963
!
I
I
II
1964*
r
1963 '
I
I
II
1964 P
III
IV
1,467
92
1,766
157
na
na
80
76
80
73
69
1
2
80
76-
80
73
69
3
IV
III
I
535
501
556
637
670,
271
291
257
324
318 <1 1,465
203
1,695
290
1, 518
535
501
556
637
670
271
291
257
324
318 ; 1,262
1, 405
1, 375
1,609
1,517
939
436
404
449
522
548
194
206
199
237
238
835
987
945
1, 094
963
97
90
89
86
26
3
27
6
29
6
27
5
32
4
8
3
14
6
11
7
12
4
13
4
51
6
52
8
62
12
586
56
6
37
39
40
38
29
5
6
77
12
1
86
13
2
71
14
2
23
2
4
22
3
5
22
2
4
28
2
10
23
2
8
21
21
46
24
4
42
24
7
43
24
5
51
27
5
46
26
7
21
21
20
21
11
21 1
(*>•
18
21
3
4
3
3
1
1
7
8
9
214
37
24
278
40
40
251
44
22
7
24
10
4
26
4
7
26
11
7
30
6
8
35
10
36
5
1
24
8
1
29
8
18
5
1
250
13
33
233
13
39
235
14
35
31014
44
360
16
37
5
13
3
10
4
12
4
10
5
12
1
10
11
12
1,345
994
45
186
1,364
1,048
36
160
1,400
1,071
43
180
478
338
20
9
504
353
20
13
555
413
22
14
533
393
20
16
486
365
19
10
202
157
10
4
179
139
11
2
244
199
8
3
202
159
9
3
196
150
10
5
721
518
27
16
814
572
33
39
796
55933
39
776
571
26
11
797
568
33
17
144
18
99
148
17
10&
201
16
107
148
24
93
175
22
97
13
14
15
16
31
22
49
31
21
48
21
21
44
2
3
94
2
3
99
1
3
88
1
3
84
1
4
72
(*>
00
1
24
29
1
3
24
26
2
32
117
1
34
124
2
34
119
1
33
121
2
34
130
56
8
15
3
17
3
17
3
7
5
8
6
8
6
9
7
9
6
1
1
2
1
1
2
1
1
1
6
3
8
3
7
3
9
4
9
4
3
17
4
17
4
94
85
-102
-93
-20
256
242
-115
-101
-24
na
118
na
-84
-21
57
57
-8
-8
-6
-3
-3
-8
-8
-6
1
1
-9
-9
-7
104
104
-7
-7
-6
184
184
-6
-6
—5
69
69
-3
-3
-2
112
112
-2
-2
-1
13
13
-1
-1
122
122
-3
-3
-2
122
122
-3
-3
o
744
541
-613
-410
56
881
591
-721
-431
-54
671
579
-494
—402
-54
990
833
-548
-391
-58
na
720
na
-411
-56
-64
-64
-13
-13
-72
-72
-33
-33
-9
-68
-14
-73
na
-56
-203
-335
-290
-359
-92
-330
-157
-315
na
-336
-13
-113
-52
33
-23
1
3
-191
-176
-156
8
-2
-74
-102
-15
-13
2
4
-72
-69
-13
-17
5
-10
-312
-253
-36
-66
1
-15
-91
-95
-14
-52
3
-8
-360
-365
-5
—5
-627
-259
-99
-22
3
-10
23
-89
-61
-88
34
28
-54
-15
-149
102
-15
-65
28
-80
44
-22
-12
-3
-16
26
-3
-134
—59
-65
17
-37
13
4
-9
12
-52
-56
-307 ' -239
22
5-3
-3
25
6
-420
-132
-42
-24
1
1
-i
-67
-288
-346
48
4
-11
22
10
52
12
-13
24
,1,439
9
1,620
14
na
na
1,430
1, 606
864
960.
97
104
;
24 ;
-12
10
4
18
-10
4
10
15
22
-14
-5
00
-13
-11
(X)
6
\
(*)
(')
-6
9
6 ;
1
26
(*)
8
(X)
4
1
-32
-4
-31
1
-3
12
(*)
-14
2
1
1
28
20 ,
00'
-287
-309
-31
13
4
-15
-58
-16 , -77
-13
-48
-17
2
2
-1 -14
1
-33
-37
-60
5
2
6
3
-335 -476
-96
-43
-88
-20
-17
-18
4
2
1
-2
1
-1
-267
12
-26
-10
2
19
-9
16
-380
-284
26'
4
23
-279
-290
36
-22
-25
-31
1
-1
1
19
3
-4
8
25
-11
4
-5
8
3
1
8
4
4
3
11
2
26
18
12
;
4
(*)
2
4
3
4
-5
10
-1
(f)
(*)
-4
-5
00
-7
8
5
00
8
-3
24
-29^
-292
-309
34
-17
-122
-25
63
-5
30
-5
9
?
1
' 6 ,' - -2
-I
2
4
-1
(*):
-4
4
(
31
1
00
23
32
;
-34
-97
-368
-266
26-
-128
-11
2
8
-1
3
(
'k
17t
18
19
4
3
20
20,
21
-121
-121
-19
-19
-75
-75
-80
-80q
-106
-106
-21
-21
22
23
24
25
26
-33
-19
-77
-21
27
28
29
-56
-56
3
-39
-29
-34
7
7
1
-69
-4
-9
4
-62
2
2
3
3
2
3
-12
-21
-23
-4
3
3
-1
1
-10
-7
00
r
00
-6
2
4
8
3 ' "l
8
-13
00"
-10
4
4
-1
30
31
33
34
35
2
36
37
38
39
40-
7
41
42
84
5
43
6
6
6
44
45
46
-22
78..
-1
47
(*)
Q
-3
-16
7
9
-65
-65
3
:
(*)
48
5
49
121 |
102
26
16
3
3
137
105
29
54
59
59
54
77
301
105
29
59
—40
-42
-13
-36
132
151
38
59
54
97
35
63
88
16
22
23
36
355
-301
77 1
54
137
;
77 j
69
69
-8
-8
3
3
11
11
-12
-12
36
36
69
-8
3
1.1
-12
26
196
113
-47
-68
-32
-152
77
69
-8
3
11
—12
-44
47
-57
68
-44
32
3;6
-116
152
;
103 !
265
-26 | -196
-113
36
-17
-17
97
237
;•• - 4 4
-13
25
5
—7
-31
18
-34
102
117
40
-59
9
-15
126
25
;
-17
126
25
-34
102
; ,-75.
69
228
129
94
-92;
7S
5
230 ' -75
230
-127
-75' '.'"
204
;
S
155
191
74
14
90
229
-59
7
:
195
-4
253
-179
95
-81
196
-106
103'
126
114
-173
144
-137
1
: • - 7 7 ; -70
50
74
38
150
51
69
-39
80
52
69
-39
80
52a
57
179
54
53
114
-54
77.
I
111 1
117
-171
115
-38
II
III
3
SUEVEY OF CUKEENT BUSINESS
20
June 1964
Table 4.—Changes in Short-Term Official and Banking Liabilities and in Foreign Holdings of Marketable
U.S. Government Bonds and Notes
[Millions of doUars]
Amount
outstanding
end of
December 1963
Total (decrease -) (line 50, pp. 14 and 16) 1
.
Calendar year r
1962
1962 '
1960
1961
25,594
1,738
1,764
670
1,564
47
486
13, 650
12, 467
1,183
1,149
1,059
90
681
727
-46
457
1,058
-601
970
504
466
-653
-472
-181
5,689
2,764
3,491
104
637
-152
595
407
81
-129
211
131
438
-238
394
1963
I
II
1964 P
1963 r
III
I
IV
II
III
I
IV
-188
325
323
917
192
132
-156
462
737
-275
270
412
-142
378
381
-3
-74
-178
104
773
592
181
145
15
130
126
75
51
-426
-479
53
442
213
45
-243
-2
269
-214
-106
-138
-114
106
-45
386
-65
76
75
-46
115
-31
-15
93
8
-112
110
322
-86
34
-638
357
428
451
56
196
309
151
-39
-102
— 117
-422
128
212
240
-23
-153
215
-25
-278
88
30
-582
-3
84
-9
189
31
6
92
7
100
_4
142
-22
3By foreign holders:
Foreign central banks and governments, total
As reported by U.S. banks
Other
Foreign commercial banks 2
International and regional institutions 1
Other foreigners and undetermined
By type of liabilities :
Deposits in U.S. banks
__
11, 707
1,206
1,257
-63
1,131
145
73
U.S. Government obligations:
Bills an d certificates pavable in dollars
Bonds and notes (marketable")
__
Isonmarketable certificates payable in foreign currencies ._
Other
8,690
2,742
30
144
127
1,819
-728
2
-462
-641
G71
-18
242
-282
29
—115
659
-214
190
-129
513
46
-60
—115
767
-193
75
—115
Bankers acceptances, commercial paper, time deposit certificates, and other liabilities
Other banking liabilities payable in foreign currencies
2,321
104
35
36
146
-9
111
-9
412
9
23
5
90
-7
-86
2
* Revised,
v Preliminary.
* Less than $500,000.
1. Excludes dollar holdings of the IMF except for those acquired by the IMF through gold
sales to the U.S. with the option to reverse the transaction. These transactions amounted to
$200 million in 1956, $300 million in 1959 and $300 million in 1960; and the corresponding liabilities of $800 million at the end of 1963 are included in the total liabilities and in those shown to
International and regional institutions. Other dollar assets of the IMF at the end of 1963
were $3,090 million.
2. Includes banking liabilities to foreign official institutions held through foreign commercial banks.
Table 5.—U. S. Short-Term Private Capital, 1960-63, and 1st Quarter 1964, by Country and Type
[Millions of dollars]
Amount
outstanding end of
December
1963
Total short-term capital outflow (Table 3 line 37, pp. 14 and 16) _ _
seasonally adjusted, (table 1 line 112)
Total reported bv U.S. banks 1 ..
seasonally adjusted
_
JVIaior financial centers, total
United Kingdom
_
EEC and Switzerland
Canada
By type:
Commercial and financial claims payable in dollars _ _
Foreign currencv deposits and claims
Other countries, total
Japan
_
Latinr American Republics
Othe
_
-
By type:
Commercial and financial claims payable in dollars _ _
Foreign currency deposits and claims
Total reported by nonfinancial concerns
Seasonally adjusted
Claims of commercial enterprises __
Major financial centers, total
United Kingdom
EEC and Switzerland
Canada
_
_
_
_ _
Claims payable in dollars _ _ __
Foreign currency deposits and claims
Other countries* total
Claims payable in dollars
Foreign currency deposits and claims
'Claims of brokerage concerns _ , . __
_
__
_
* Revised.
» Preliminary.
na Not available.
1. Excludes Exchange Stabilization Fund holdings.
5
Changes 2 [decreases (— )]
\962r
Calendar year r
1960
1961
1962
1963
I
II
1963 r
I
IV
III
II
1964 P
III
I
IV
8072
1348
1556
553
696
408
4^8
-171
-121
56
146
260
110
-61
-46
532
572
-121
—86
346
196
630
645
5827
995
1125
324
721
254
265
-159
—59
-106
4
335
114
-77
—62
402
498
—96
19
492
272
421
456
1249
225
417
607
305
124
32
149
184
-64
116
132
31
41
20
-30
58
4
-27
81
35
-21
-30
86
-204
-8
-28
-168
1
12
—3
-8
199
58
81
60
-46
—24
-43
21
207
-9
109
107
-177
7
-84
-100
74
30
—9
53
69
-35
23
81
802
447
80
225
115
69
83
-52
33
25
134
-99
-198
-6
15
-14
132
67
-28
—18
97
110
-82
-95
46
28
25
44
4578
2149
1588
841
690
482
180
28
941
670
135
136
293
212
70
11
663
408
98
157
219
251
i
-31
45
—20
29
36
-107
—47
-50
-10
136
28
92
16
-31
11
-72
30
195
120
39
36
81
-4
89
—4
418
281
42
95
352
228
58
66
4,489
89
648
42
926
15
289
4
648
15
230
-11
38
7
-112
133
3
-37
6
195
(*)
78
3
412
6
350
2
2,245
353
431
229
-25
394
266
-48
-ex
26
162
142
162
-75
357
154
US
154
-12
2,137
-76
16
16
16
130
80
118
-25
-45
-25
-146
-76
-157
209
209
209
1,230
225
337
668
305
219
21
65
361
-77
75
363
171
17
59
95
-136
-16
5
-125
127
-5
51
81
2
-27
21
8
143
67
-23
99
-101
-18
10
-93
-9
-46
'<•)
37
97
5
4
88
-13
18
(-)
-31
-211
7
1
-219
182
4
15
163
950
280
168
137
385
-24
103
68
-110
-26
111
16
11
-9
62
81
-81
-20
21
-30
116
-19
—44
31
-203
-8
na
na
907
783
124
52
51
1
33
3
30
95
82
13
88
93
-5
27
24
3
24
3
21
19
25
-6
25
30
-5
25
24
1
21
3
18
-12
-13
1
54
79
-25
na
na
108
-4
37
-37
23
Less than $500,000.
—38
5
1
12
27
11
2. Changes adjusted for variations in coverage and therefore do not necessarily correspond
to changes computed from reported amounts outstanding.
SURVEY OF CURRENT BUSINESS
June 1964
on the basis of the quarterly figures for
1963 and incorporate the adjustments
of the figures on merchandise trade as
published by the Bureau of the Census.
The new adjustments result in a larger
downward shift of the overall balance
in the first half of the year, particularly
in the first quarter, and correspondingly
a larger upward shift in the second half
of the year, about evenly distributed
between the third and fourth quarters.
resents mainly an improvement in the
coverage of business firms engaged in
such transactions.
Foreign direct investments in U.S.
The reduction in net credits in 1963
by about $70 million represents the
usual revision of the preliminary fourth
quarter 1963 figures, and reflects recent
questionnaire returns.
Seasonal adjustments
Seasonal adjustments were changed
Table 6.—Analysis of Government Grants (Excluding Military) and Capital Transactions
[Millions of dollars]
1963
1960
Item
Line
1961
1962
Total
I
II
1964
III
IV
J>
Not adjusted for seasonal variations
1 Government grants and capital outflows:
Under farm products disposal programs
2
1,277
Under Foreign Assistance Act and related
programs
1,685
Under Export-Import Bank Act
3
405
Subscriptions to IDA and IDE
154
4
Other assistance programs
21
5
Foreign currency claims acquired in the collection of—
Principal...
__
34
6
Interest
59
7
Less: Foreign currencies used for U.S. Gov8
212
ernment uses other than grants or loans.
Miscellaneous short-term capital transactions
9
(net)
.
_ -18
Total, Government grants and capital out10
flows (not seasonally adjusted) (table 3,
lines 28 + 39 -f 42)
3,405
1,349
1,503
1,663
382
575
323
383
373
1,797
822
172
27
1,950
621
122
111
2,150
509
62
97
510
105
588
178
495
83
443
88
27
24
21
557
143
62
25
50
74
62
115
94
148
31
33
29
41
19
33
15
41
23
37
248
230
231
65
57
59
50
62
11
39
30
30
3
14
-17
-24
4,054
4,293
4,522
1,053
1,381
929
1, 159
909
31
Adjusted for seasonal variations
11
12
13
14
15
16
17
18
19
Total, Government grants and capital outflows (seasonally adjusted) (table 1, line
1-6)
Less: Estimated transactions involving no
direct dollar outflows from the United
States ,
_
Expenditures on merchandise in the United
States _
Expenditures on services in the United StatesMilitary sales financed by credits (including
short-term, net)__
:__
Refunding of Government loans
Government loans to repay private credits
Increase in Government liabilities associated
with Government grants and capital (including changes in restricted accounts)
„
Equals: Estimated dollar payments to foreign
countries and international institutions
through Government grants and capital operations
3,405
4,054
4,293
2,294
2,915
3,220
1,914
300
2,220
434
2,363
532
25
14
33
37
111
13
72
93
41
80
1,111
1,139
4,522
1,041
1,333
3,635
790
2,720
601
579
150
17
192
11
147
1,073
1,009
1,139
1,078
815
952
753
815
177
633
123
693
151
617
128
-2
41
2
10
57
9
5
19
4
75
-10
27
94
20
10
35
29
-9
887
251
255
194
187
144
897
p Preliminary.
Source: U.S. Department of Commerce, Office of Business Economics.
Continued Price Stability
(Continued from page 2}
price change this year. A number of
paper products are now selling at prices
below those of last fall despite some increase in pulp and paper costs since
that time. During April and May
prices of cotton products eased somewhat^ apparently in response to lower
raw cotton costs as a result of the new
cotton legislation. Prices of chemicals
are up slightly from yearend, but averaged about the same as a year ago.
Since the first of the year there has
been a sharp decline in prices of fuels
and refined petroleum products; this is
21
partly a seasonal development but It
also reflects reduced demand due
to mild late-winter and early-spring
weather. Gas fuel prices in April were
3%. percent below the December-*) anu~»
ary level. Prices for all refined petroleum products in April were about 5J£
percent under the January level and
more than 7 percent lower than April
1963.
Consumer prices up slightly
Consumer prices rose one-tenth of 1
percent from March to April and stood
1% percent above the April 1963 average*
Price increases for consumer services
have been the prime mover of the total
index so far this year; service costs rose
0.3 percent in April and are now about
2 percent above the year-ago level. AH
major components of the service price
index have risen since the beginning of
the year. This is in marked contrast
to the behavior of prices paid by consumers for goods, which have shown
little overall change since yearend.
Retail prices of food rose slightly last
fall and this winter, but have since declined a little. Although April prices
were 1.3 percent above those of a year
ago, they were off slightly from the first
quarter, at a time when the normal
seasonal movement is a bit upward*
With supplies large and farm and
wholesale prices lower, retail prices of
meat and poultry have declined contraseasonally in recent months; the April
level was the lowest in 4 years.
Prices of nonfood commodities which,
tend to exhibit a cyclical pattern—
clothing, automobiles, and housefurnishings—have been about unchanged
to slightly higher since early this year*
Apparel prices rose throughout 196S5
steadied in the first quarter of this
year—after allowing for the usual
winter markdowns—and moved higher
again in April.
Continued heavy demand for new
cars has held automobile prices steady;
the decline since last fall is about in
line with usual seasonal movements.
Used car prices have been strong; they
declined much less than usual this winter
and are now about 5 percent above a
year ago. Homefurnishing prices have
changed very little over the past year.
by ETIENNE H. MILLER
Foreign Travel Boom Continued in 1963
A:. EECOED number of U.S. residents
traveled abroad last year and spent
more on foreign travel than ever before.
The total expenditure came to about
$3.2 billion. The increase over 1962—
1.1 percent—matched the 1961-62 rise
and was slightly larger than the average
annual increase over the last dozen years.
All but $0,5 billion of the total went
to foreign countries, either as fare payments to foreign transocean carriers or
FOREIGN TRAVEL
EXPENDITURES OF
U.S. RESIDENTS
as payments for travel expenses within
foreign countries.
Transocean fares
accounted for $1,120 million, or more
than one-third of total expenditures; of
this, foreign carriers received $625 million and U.S. carriers $495 million.
Almost $2.1 billion was spent within
foreign countries—9 percent more than
in 1962. The latter increase reflected
two factors that worked in opposite
directions: on the one hand, there was
a large increase in the number of
travelers, but this was offset in part by
a decrease in average expenditure per
traveler.
Almost all areas shared in the 1963
rise. Europe and the Mediterranean
area received $735 million last year, up
11 percent over 1962, as compared with
a rise of 5 percent in the previous year.
Expenditures in Canada, at $520 million, were 9 percent higher than in 1962;
in Mexico, Americans spent $450 million, 13 percent over the prior year.
In other areas, the changes from 1962
were slight, showing virtually no change
in the Caribbean area and in South
America, and a 3-percent rise in the
Pacific region.
Foreign visitors to the United States
spent a total of $935 million in 1963, 7
percent more than in 1962. As usual
expenditures by visitors from Canada
and Mexico made up the bulk of our
receipts, their combined outlays reaching
some $600 million, or two-thirds of the
total. Visitors from overseas spent
$330 million here last year, an increase
of 26 percent, and in addition, paid
about $118 million in transocean fares
to U.S. carriers.
Travel payments rise in 1964
1953
55
57
59
61
63
U.S. Department of Commerce, Office of Business Economics 64-6-10
22
Preliminary estimates of U.S. travel
spending during the first 3 months of
1964 indicate a continued growth of
travel payments during the year. Total
expenditures were up 9 percent over
the corresponding 1963 quarter. More
disposable income in the hands of
prospective U.S. travelers because of
rising economic activity and lower
income taxes should serve to continue
the upward trend of U.S. travel spending abroad in 1964. If the relationship
between foreign travel outlays and
disposable personal income of the last
decade continues (see SURVEY, June
1963, p. 27), and if GNP approximates
the widely used forecast of $623 billion
Americans will spend upward of $3.5
billion on foreign trips this year. Lower
transportation costs across the Atlantic
beginning in April should be an additional stimulating factor.
"Receipts from foreign visitors rose to
$215 million during the first quarter of
1964, a total 15 percent higher than in
the same period last year. Canadian
Table 1.—Expenditures for Foreign Travel
By U.S. Residents
[Millions of dollars]
Year
Total
Expendi- Fares paid totures in
foreign
U.S.
countries Foreign
carriers carriers
1929
688
483
164 :
41
1937
470
348
95
27
716
573
55
88
1951
1952,
1953
1954
1, 028
1,188
1,306
1, 401
757
840
929
1,009
132
172
179
183
139
176
198
209
1955
1956
1957
1958..
1,612
1,814
1,955
2,140
1,153
1. 275
1,372
1,460
201
238
261
320
258
301,
322
360
2,380
2,610
2,612
2,882
3,190
1,610
1,745
1,747
1,892
2, 070
380
*505
*507
*575
*625
390
*360
*358
*415
*495
1947-
1959
1960
1981
1962
1963-
_
_
__
. _
_
_
*New Series.
NOTE.—Excludes travel by military personnel and other
Government employees stationed abroad, their dependents
and U.S. .citizens residing abroad; includes shore expenditures of cruise travelers; passenger fares exclude feres paid by
emigrant aliens.
Source: U.S. Department of Commerce, Office of Business
Economics.
spending for travel here was up sharply
with a gain of 25 percent; this may
mark the end of the downtrend of the
last several years in Canadian travel
SURVEY OF CURRENT BUSINESS
June 1964
expenditures in this country. The
New York World's Fair can be expected
to stimulate foreign visits, and lower
transportation costs on the Atlantic
will also assist in raising travel here.
Number of travelers reaches 2 million
The number of U.S. residents traveling overseas last year rose 12% percent
to almost 2 million. The absolute
increase from 1962 was higher by
30,000 persons than in the previous
year, but percentage-wise the changes
in the 2 years were about the same.
The number of air travelers increased
by 12 percent to 1,672,000 in 1963,
while those traveling by sea reached
318,000, about 14 percent more than
in 1962. The porportion of sea voyages
remained at approximately 16 percent
of all oversea travelers, the same as
the 37ear before.
Table 2.—Expenditures for Foreign Travel
by U.S. Residents, 1959-63
[Millions of dollars]
1959
Total
Transportation.
Foreign -flag carriers
U.S. -flag carriers
Expenditures abroad
Canada .. _
Persons staying under
94 hours
Mexico
Persons visiting Mexican border only
O versea areas
Europe and Mediterranean
1960
1961
1962
2,380 2, 610 2,612 2,882
1963
3,190
770
865
865
990
1,120
380
390
505
360
507
358
575
415
625
495
1,745 1,747
1,892
2,070
479
522
1,610
365
380
425
350
48
365
47
370
55
395
na
448
233
245
254
280
322
952 1,018
1, 100
na
895 1, 000
004
704
630
660
735
United Kingdom
102
n.a.
Ireland
n.a.
France
Benelux
_ __ _
n.a.
Germany
n.a.
n.a
Austria
n.a.
Switzerland
Italy
-- _ - n.a.
Spain
n.a.
n.a.
Israel
Greece
n.a.
n.a.
Denmark
Norway
n.a.
Sweden
n.a.
116
12
107
13
105
26
63
l>
5
46
112
24
22
16
19
12
13
112
16
116
16
119
30
76
25
53
135
36
26
'>5
21
12
13
West Indies and Central America
Bermuda
Bahamas
Jamaica
other British West
Indies..
_ _
Cuba
Netherlands WestIndies
South America.
Venezuela
Other oversea areas
Japan
I long Kong
_ _
Australia-New Zealand
118
33
83
22
53
122
25
20
15
23
11
14
174
n.a.
ua
na
166
28
n.a.
na
18
15
42
28
112
26
66
^2
45
118
(>
8
23
18
18
12
12
160
31
45
30
178
30
48
38
180
32
48
40
18
18
19
n a
10
11
10
10
n.a.
45
9
48
8
55
10
56
9
76
n.a.
n.a.
85
36
114
46
18
24
125
50
23
129
52
24
n.a.
n.a.
11
12
13
na
41
NOTE.—For coverage, see table 1.
n.a. Not available.
Source: U.S. Department of Commerce, Office of Business
Kconomics.
Once again, travel on cruise ships
grewr vigorously. More than 322,000
Americans took cruises, compared with
some 266,000 in the previous year.
Much of the rise of 21 percent was to
the Caribbean area, with emphasis
on short cruises to Nassau and other
relatively nearby islands. In contrast
with their strong performance in the
previous year, U.S. cruise ships actually
carried fewer passengers, and their
share of the cruise market dropped
from 15 percent of the total to 10
percent in 1963.
Cruise travelers are not included in
the number of U.S. residents visiting
oversea destinations, although their
fare payments and spending ashore are
included in data on travel expenditure.
Cruise patrons are defined as travelers
destined from one U.S. port to another,
visiting foreign countries only briefly,
and using the ship as a hotel. Their
expenditure patterns differ from those
of other travelers: 75 percent or more
of their total outlays are devoted to
fare payments and shipboard expenses.
23
the average traveler in 1963, down 10
percent, while expenses within the
region averaged $670 compared to the
previous year's $705 (see table 4).
Figures for both years are associated
with an average stay in Europe of
approximately 45 days, with no significant variation in this factor over the
2-year period.
The decline in average per capita
expenditures represented a continuation of a downward trend that has been
in progress since 1956, and has been
accentuated since 1960. Per capita
outlays last year were well below even
those of the early 1950's. A shorter
length of visit as compared with the
earlier period seems to provide part but
not all of the explanation for the decrease. Daily expenditures in 1963
averaged $15, as against $13 in 1952
and $17.50 in 1958 (see table 6).
Since there has been a considerable
Table 3.—U.S. Travelers to Oversea Countries by Means of Transportation
[Thousands of travelers]
1959
1960
1961
1962
1963
Travel to Europe
1,516 1, 634 1, 575 1,767
Total
U.S. residents spent a grant total of
$1.34 billion on travel to Europe and the
Mediterranean area last year, about
$100 million or 9 percent more than in
1962. These figures include outlays on
both transocean fares and expenditures
within the region. The number of travelers rose much more sharply, from
930,000 to 1,100,000, or by 18 percent.
The cost of a European trip for the
average American traveler declined,
from $1,300 in 1962 to $1,200
last year. Among the factors contributing to the growth in travel to
Europe were promotional air fares,
special rates for groups of 25 or more,
and the steady rise in chartered flights
by clubs and associations.
Average trip to Europe cost less in
1963
279
Sea
Air
Sea _
Air
West Indies and Central
America
Air
South America
Sea
Air
Other
Sea
Air
268
280
1,237 1,317 1,307 1,487
Europe and Mediterranean
Sea
317
___
1,990
318
1,672
705
832
826
931
1,102
204
501
230
602
206
620
221
710
254
848
677
641
550
609
631
55
622
67
574
37
513
33
576
41
590
59
71
83
85
97
52
9
62
10
73
8
77
5
92
75
90
116
142
160
13
62
11
79
15
101
18
124
18
142
NOTE.—For coverage, see table 1: also excludes cruise
travelers, who numbered about 160,000 in 1960, 212,000 in
1961, 266,000 in 1962, and 322,000 in 1963.
Source: U.S. Department of Commerce, Office of Business
Economics, based on data of U.S. Department of Justice
Immigration and Naturalization Service.
price rise in Europe from the 1950's to
date, it appears that the real volume of
Lower transocean transportation costs daily expenditures has decreased since
contributed to the continued down- 1952 and has fallen substantially since
ward trend of total trip costs for 1958. The most important factor in
Americans traveling to Europe and the this decline may well be the growing
Mediterranean area, but average per number of U.S. travelers in the middle
capita outlays within Europe also went income groups who now find foreign
down once again. Transportation to travel within their reach but who spend
Europe and return amounted to $550 for on a more modest scale. The $100
SURVEY OF CURRENT BUSINESS
24
limit on duty-free imports may also
have helped lower the average expenditure per traveler in the year or two following its introduction in 196L
Sea travelers spent
travelers
Europe and the Mediterranean area,
and spent an additional $850 while
there. Comparable figures for 1962
were $635 in fares, and $860 for outlays
within European countries.
The proportion of U.S. residents who
traveled to Europe by sea showed a
continued decline in 1963. About 23
percent of all Americans used sea transportation, a percentage point less than
in the year before. However, the absolute number of those who chose to
travel by ship climbed about 33,000
over 1962, reaching 254,000. Some
848,000 Americans visited Europe by
air, almost 20 percent more than in
1962.
more than air
Persons traveling to Europe by air
spent less on the trip than those using
sea transportation in 1963. Air travelers paid on average of $530 each for
transportation to and from Europe,
and spent $615 in Europe. Both were
lower than in 1962, when air fares
averaged $595 and other expenses
$640. Air travelers characteristically
run up a higher daily expenditure than
sea travelers (see table 6), but their
trips are on the average of shorter duration. Sea travelers paid an average of
$630 for transportation to and from
Increases widespread by country
Expenditures rose in almost all European countries last year but rates of
Table 4.—Numbers and Expenditures of U.S.-born and Foreign-born U.S. Residents
Traveling in Europe and the Mediterranean Area, Seleeted Countries, as Available,
1962-63
Total expenditures
(millions of dollars)
Number of travelers
(thousands)
u.s.-
Foreignborn
Total
U.S.-
773
6-19
329
282
1. 102
931
162
137
92
84
fill
512
Foreignborn
Total
U.S.born
Foreignborn
564
504
171
156
735
660
730
773
520
544
667
704
254
221
158
140
58
54
216
194
972
1,007
637
631
851
860
237
198
848
710
407
364
112
102
519
466 !
6(55
711
474
515
612
656
435
383
104
96
539
479
92
90
22
116
112 1
211
234
236
226
216
234
57
55
23
20
80
75
10
10
!;
16
16
175
181
280
301
203
213
478
428
98
89
576
517
102
95
17
17
119
112
212
217
177
190
206
213
118
120
26
18
144
138
2
9
9
60
62
81
90
64
66
187
162
40
31
227
193
17
14
4
3
21 I
17
89
82
117
108
94
86
307
252
101
95
408
347
50
40
26
26
76
66
163
162
255
273
186
187
165
142
43
34
208
176
18
17
7
5
25
109
120
155
147
119
123
305
257
66
60
371
317
43
35
10
10
53
45
142
136
151
166
144
142
391
331
98
86
489
417
105
92
30
26
135
118
265
275
311
291
274
280
141
112
21
163
133
31
23
5
5
36
28
217
205
243
238
221
211
145
119
25
26
170
145
17
14
4
4
21
18
117
120
161
154
124
128
72
60
13
17
85
77
10
8
3
4
13
12
134
133
256
235
153
162
74
63
20
12
94
75
17
13
8
5
25
18
231
206
421
416
271.
240
48
42
30
25
78
67
15
11
9
26
23
306
309
353
360
326
328
born
Europe and Mediterranean:
1963
_
1962
Sea:
1963
1962
Air:
1963
1962
United Kingdom:
1963
_
1962
Ireland:
1963
1962
France:
1963
1962
Belgium-Luxembourg:
1963
1962
_
Netherlands:
1963
1962
_
Germany:
1963
1962
Austria:
1963
1962
...
Switzerland:
1963
1962
..
Italy :
'1963
1962
Spain:
1963
1962
Denmark:
1963
1962
Sweden:
1963
1962
Greece:
1963
1962
-Israel:
1963
_
--1962
_._
_ _
_
- _ - -.-
- -
Average expenditures
(dollars)
born
14
Total
NOTE.—For coverage see table 1; includes the expenditures but not the number of cruise travelers. Average expenditures
of foreign-born U.S. residents are higher than those of U.S.-born travelers in some countries, though they are lower for the
area as a whole, because foreign-born travelers visit fewer countries, and stay longer than the U.S.-born travelers, who visit
more countries on each trip.
Source: U.S. Department of Commerce, Office of jJusiness Economics, based on data of U.S. Department of Justice,
Immigration and Naturalization Service.
June 1064
increase varied widely. There were
larger than average increases in total
expenditures in the Netherlands, Spain,
and Greece, with advances ranging from
25 to approximately 40 percent over the
previous year. Smaller than average
gains occurred in the United Kingdom,
France, and Switzerland, and there was
little change in Ireland and Belgium.
The number of travelers rose in every
country. The three countries with the
largest advances in aggregate spending
also benefited from increased per capita
outlays. At the other end of the scale,
the United Kingdom, Ireland, and
Switzerland experienced larger than
average decreases in per capita outlays.
In a majority of the countries there was
either no change in per capita spending
or a decrease of a few percent.
Travel in Other Areas
In Canada, where Americans spend
more for travel than in any other
country, U.S. travel spending climbed
9 percent over 1962 to $520 million.
Over 630,000 Americans visited the
West Indies and Caribbean area, including Bermuda, and spent $180
million in the region in 1963. An
increase of 4 percent in the numbei
of visitors helped offset lower average
expenditures, as did the strong growth
of cruise travel in this area. Most
countries in the region last year received about the same amount as ir
1962 from larger numbers of U.S
visitors. Bermuda and Jamaica appeal
to have done slightly better thai
average, each earning about $2 inillioi
more in 1963 than in the prior year
Nearly 100,000 U.S. travelers spen
$56 million on South American trips
compared with 85,000 who spent $5<
million there in 1962. Americans spen
13 percent more for Mexican travel ir
1963, for a total of $448 million
Persons traveling in the border zon<
of Mexico spent 72 percent of the total
or $322 million. Over $125 inillioi
was spent in interior Mexico.
A 13-percent rise in U.S. travel t<
other oversea areas—principally th
Far East—resulted in the expenditur
of only 3 percent more dollars last year
A total of $129 million was spent b;
160,000 U.S. residents traveling ii
the area. Roughly 80 percent in
SURVEY OF CURRENT BUSINESS
June 1964
eluded Japan in their itinerary and
spent $52 million in that country,
while approximately 75,000 Americans
visited Hong Kong, where they spent
$25 million. Both countries maintained their positions as the leadingforeign travel attractions of the Pacific
area, but declining average expenditures held dollar receipts to very limited
gains over 1962. Despite their decline
AVERAGE EXPENDITURES
OF U.S. TRAVELERS
IN THE EUROPEAN AND
MEDITERRANEAN AREA
Dollars
1,200
U.S. receipts from travel. Restrictive
measures of the Canadian government
continued to exercise a restraining
influence on spending of its residents
for U.S. travel, which dropped 5
percent below the 1962 figure to $370
million. Last year Canada received
$150 million more from U.S. visitors
than Canadians spent here.
Mexican visitors spent $230 million
for U.S. travel in 1963, compared with
$215 million in 1962. About $65
million, 28 percent of their total expenditure, was paid for travel beyond our
border area in 1963; this represents a
continuation of the recent trend of
increased Mexican travel to more
distant parts of the United States.
Number of oversea visitors up sharply
1,100
The number of visitors from oversea
areas increased less than their expenditures here last year. A total of
1,000
19 percent more business, pleasure,
transit travelers, and students brought
the total to 847,000, who spent $330
900
million here. The preponderant part
of the rise was in pleasure trips, which
800
accounted for 613,000 visits, almost
three-fourths of all travelers, and
117,000 more than in 1962. Business
700
travel increased by approximately 15,000
to 122,000 last year. Transit travelers
were
slightly less numerous than the
i i i i i i i i i t i i
600
year
before, and students somewhat
1953
55
57
59
61
63
65
more
numerous.
Data: QBE
U.S. Department of Commerce, Office of Business Economics
64-6-9
Almost 400,000 visitors from Europe
and the Mediterranean area visited the
United States last year, and spent $115
last year, U.S. average per capita travel million. Average expenditures declined
outlays in Japan, at $410, remain somewhat, principally because most of
higher than in any major tourist the volume increase was concentrated
country of the world.
in the pleasure travel group, whose
average expenditures were $250 last
Foreign Spending Here Rises
year, well below the $510 average for
U.S. earnings from all foreign visitors business travelers. As in the previous
increased 7 percent to $1.05 billion year, 70 percent of the European
last year. Visitors from oversea coun- visitors carne for pleasure visits—intries paid about $118 million of this cluding "family affairs''. Business
to U.S. transocean air and sea carriers travelers made up less than 20 percent
and spent $0.93 billion in the United of the total, while persons in transit and
States. Visitors from Canada and students made up the remaining 10 perMexico, the source of 65 percent of cent. British visitors again accounted
our total receipts from travel within for one-third of all travelers from
our country, spent a total of about Europe and the Mediterranean, their
$600 million here.
total reaching 138,000. Of the latter,
As in 1962, Canada was the only 100,000 were here on pleasure trips.
exception to the pattern of higher Visitors from Germany numbered
731-286°—64
4
25
Table 5.—Percent Change in Number of
Travelers, Average Expenditures, and Total
Expenditures, of U.S. Residents Traveling
in Europe and the Mediterranean Area,
1962-63
[Percent]
Change
in average expenditures
Change Change
in num- in total
ber of
expenditravelers
tures
Europe and Mediterranean
Sea
Air
+18
+15
United Kingdom
Ireland
France .
__
._ .__
Belgium-Luxembourg
Netherlands
Germany
.
Austria
Switzerland
Italy
£pajn
_,
Denmark
..
Sweden
Greece
__ _ .. _ _ _
Israel
+13
+11
+11
+19
-f-7
+11
+11
—7^
+4
0
+6
-8
—5
-3
0
+24
+4
+18
+18
+18
+17
+17
—3
+9
0
—H
+1
—2
+15
+14
+ 18
+13
+29
+17
+8
+39
+ 13
-r98
+17
+10
+25
+16
-H
-3
—6
+13
0
Source: U.S. Department of Commerce, Office of Business
Economics.
Table 6.—Average Daily FExpenditures of
U.S. Residents Traveling in Europe arid
the Mediterranean Area, by Kind of
Travel, 1952, 1958, and 1963
Traveler
1952
1958
$9. 76
16,25
13.08
11.43
$14. 41
20.93
16. 24
17. 06
$13. 11
17. 64
13.92
15. 03
13.09
11.51
16.67
17.52
15.41
19.17
14.99
12.62
16.25
18.97
17. 69
21.25
22.73
21. 14
24.37
18. 22
1 7. 57
18 49
7.74
6.72
10.72
9.88
8.79
11.15
9.59
7.36
11.42
1963
U.S. residents:
1st quarter
2d quarter
3d quarter _ _ _ _ _ _
4th quarter _
_ __ _
Year-round daily average, sea
and air
_
Sea
Air
Native-born residents:
Year-round dailv average
Sea
Air
Foreign-born residents:
Year-round daily average
Sea
Air
NOTE.—For coverage, see table 1; also excludes cruise
travelers. Excludes fare payments for transocean transportation.
Source: U.S. Department of Commerce, Office of Business
Economics.
Table 7.—Expenditures by Residents of
Foreign Countries in the United States
[Millions of dollars]
I960'
1961'
875
469
182
885
449
200
870
392
217
934
372
232
224
236
261
330
90
29
93
30
105
37
113
40
West Indies, Central
and South America.
86
90
102
147
Other oversea countries
Japan
48
12
53
13
54
12
70
20
Visitors from
countries
Canada
Mexico
1963 ••
foreign
Total oversea countriesEurope and Mediterranean.
United Kingdom __
r
1962 r
Revised data.
NOTE.—Includes expenditures of travelers for business and
pleasure, foreigners in transit through the United States,
and students; excludes expenditures by foreign government
personnel and foreign businessmen employed in the United
States.
Source: U.S. Department of Commerce, Office of Business
Economics.
SU-ttVKY OF CUERENT BUSINESS
26
00,000, up 18 percent over 1962, arid
nearly 3 out of 4 were on pleasure trips.
French and Italian visitors last year
numbered 42,000 and 27,000, respectively.
South American travelers came here
in larger numbers than ever before during 1963, although the number of those
only in transit through the United
States was sharply less. A 28-percent
increase in pleasure trips more than
compensated for the drop, and brought
the area total in 1963 to about 135,000,
as against 115,000 in 1962.
The total of our visitors from the
West Indies and Caribbean area rose to
197,000 last year. About one quarter
of these were residents of the Dominican
Republic, many of them apparently
making only the short hop to Puerto
Rico; their number has increased 40
percent in the past 2 years. About
U.S. TRAVELERS AND THEIR
TOTAL EXPENDITURES IN
THE EUROPEAN AND
MEDITERRANEAN A R E A
Table 8.—Foreign Visitors to the United
States From Oversea Countries
[Thousands of travelers]
June 1964
Table 9. —Foreign Visitors to the United
States from Oversea Countries for Business, Pleasure, in Transit, or as Students
[Thousands of travelers]
Total Busi- Pleas- Tran- Stuness ure
sit dent
1960
Oversea countries total:
1963
1962
847
713
122
107
613
496
84
85
28
25
Europe and Mediterranean:
1963
- _.
1962
39*
353
75
69
278
243
40
37
4
West Indies, Central and
South America:
1963
1962
Other oversea areas:
1963
1962
332
26S
117
92
20
17
?7
22
273
205
62
48
28
37
16
11
All Oversea
Areas
Europe J -_ _
United Kingdom
Germany.
France.
Italy...
Asia _
Japan...
Israel
1961
1962
602
263
94
37
25
18
624
288
103
42
27
20
713
341
122
50
39
23
847
384
138
59
49
97
51
20
7
57
23
8
60
21
10
32
10
1963
11
9
West Indies and Central America
150
136
153
197
12
11
South America
Venezuela
Argentina.
Colombia
100
40
15
15
102
33
19
15
115
35
15
21
135
35
15
31
N"OTK.-—Excludes Visitors from Canada arid .Mexico; excludes foreign government personnel and foreign business
men employed in the United States.
Source: U.S. Department of Justice, Immigration and
Naturalization Service.
44,000 Central American visitors traveled here last year.
Visitors from other oversea areas
numbered about 117,000, up 27 percent from 1962. This included 32,000
Japanese travelers, who apparently
found less difficulty last year in obtaining foreign exchange for U.S. visits,
despite the continued limitations imposed by Japanese Government regu-
\frica
.
Oceania
Australia
. . ._
...
..
g
g
8
,n
30
02
33
22
36
24
44
29
1
For Europe and Mediterranean area combined, see
table 8.
NOTE.—Excludes visitors from Canada and Mexico;
excludes foreign government personnel and foreign businessmen employed in the United States.
Source: U.S. Department of Justice, Immigration and
Naturalization Service.
lations. The proportion of business
trips by Japanese travelers declined
slightly, to a little less than 50 percent
of the total. An additional 5,000
Australians came here bringing their
1963 total up 20 percent to 29,000.
Thous. Travelers
Million Dollars
1 1,200
1,200.
Step-up in 1964 Plant and Equipment Programs
(Cantinued from page o)
1,000
1,000
U.S. T
from 1963, while trucking companies
expect a one-tenth rise.
Utilities, communications and commercial companies
800
600
600
400
400
200
200
QL_J
I
I
1953 55
1
57
1
1 1
I
59
61
I—J—I—1—I Q
6*3
65
Data: INS & QBE
U.S. Department of Commerce, Office of Business Economics
64-6-8
Public utilities and the communications-commercial group project 1963-64
increases in new capital expenditures of
7 percent and 8 percent, respectively.
These programs are little different from
those reported last February. The
expected rise hi spending by commercial
firms is due almost entirely to retail
firms, which plan to increase their
capital outlays throughout 1964.
Public utilities are planning to spend
$6 billion in 1964, the highest rate
since 1958. Electric and gas companies
are each scheduling a 7 percent in-
crease over last year's outlays. On a
quarterly basis, public utility spending
rose steadily from the recent low in the
first quarter of 1963, reaching a seasonally adjusted annual rate of $6
billion in the opening quarter of this
year—15 percent above a year earlier.
Outlays are expected to hold close to a
$6 billion rate throughout 1964.
The carryover of new plant and
equipment projects of the public utilities totaled $6.2 billion 011 March 31,
as compared to $6.1 billion a year
earlier. This was a much smaller
rise from a year earlier than at the
end of 1963. Starts of new projects
in the first quarter of 1964 were $1.9
billion as compared to $2.1 billion in
the first 3 months of 1963.
National Income and Corporate Profits
Table 1.—National Income by Type of Income (I-8> 1-9)
[Billions of dollars]
1963
Table 4.—National Income by Corporate and Noncorporate Form
of Organization (1-14)
[Billions of dollars]
1964
1963
1961
1962
1963
I
II
III
IV
1964
I
1961
1962
1963
I
II
III
I
IV
Seasonally adjusted at annual rates
Seasonally adjusted at annualrates
National income
426.1
453.7
478.1
466.7
474.6
482.0
489.1
497.1
Compensation of employees
302.1 322.9 340,4 332.0 338. 7 342.8 347.9 352.5
Wages and salaries
__ ., 278. 8 297. 1 312. 3 304. 5 310,8 314. 6 319. 4 323,6
Private _ _
227.0 241, 6 253. 0 246. 7 ; 252,2 255.1 258, 1 261.1
Military
10.2 10.8 11.0 ' 10.7 10,8 10.8 11,8 11.8
Government civilian; _
41.6 44.7 48,3 1 47.1 47,8 48.7 49:5 50. 7
Supplements to wages and
salaries
23.3- 25.7 28,0 27.5. 27.9 28.2 28; 5 28.8
Employer contributions for.
social insurance
15,4
13.7
15.0
11,9
15. 3
15.5
15.7
16.0
Other labor income
11. 4 12.1 12.6
12.4
12.6
12.7
12.9
12.8
Employer contributions
to private pension and
' "^ wSlfare funds*
89
9 5
Other
24
2 6
Proprietors' income;. ___
Business and professionalIncome of unincorporated
enterprises
Inventory valuation adjustment
Earm
48.1
35.3
49.8 ' 50; 5
36.5
37,7
35.3
36,5
.0
12.8
.0
13.3
Rental income of persons
12.1
12.0
12.1
Corporate profits and inventory valuation adjustment. _
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed, profits
Inventory valuation adjustment-
43.8
43.8
22.0
21.8
15; 3
6,5-
47.0
46.8
22.2
24.6
16.6 .
8,1
51.1 ' 48.8
51.5
48.3
24.4
22.9
25.4
27.1
17,8
17.1 i
9,3 . 8.3
Net interest
20.0
_
50.7
37,2
50.0
50.5
37,4 '. 37.8
50.8
38. 2.
50.8
38.6
12,6
12.7
12.6
12. 2
12.0
12.1
12.2
12.3
50.1
51,0
24,2
26., 8
17,6
9.2-
52.2
52.2
24.7
27.5
17.6 -.
9,8. '.
53.2
54.3
25.8
28.6
18.8
9,7
56.0
56.2
24.9
31.2
19.1
12,1
o
.0
-1. 1
23. 7
24.3
National income
426. 1
453.7
228; 0
Compensation of employees. _ • 185; 7
Wages and salaries
169.7
Supplements to- wages and*
salaries _
16.0
Income originating in corporate
business-
Corporate profits and inventory valuation adjustment *
Profits before tax 1 ; _ _ __
Profits tax liability
Profits after tax i__
Inventory valuation adjustment _
..
Net interest
13.5
;
12.0
_
41.4
41.5
22.0
19.4
-
Income originating outside corporate business
.0
.2
22.0'
.4
24.1
23.3
L
25.0
257. 9-
250; 3
>98.6
180.9
208-.3
189.0
203v 2«
184.3
17.7
19.2
18.9
19.2
19.4
19. 5
19.6
46.0
47.6
45.6
48.5
22.9 . 24.2
24.3
22.7
49.6
49.6
24.7
24,8
50.5
51.6
25.8
25.9
52.6
52.8
.24,.9
27.-S
.0 . -1.1
2
1.2
1.2
44.4 ;. 48.4
44.2
48.8
24.4
22.2
24.4
22.1
.0
.2
.9
1.0
1. 1
198. 0" 209.6
220.3
?
.4
-.4
256^5
260. 6
264; 1
268.6
207.7
188.5
f
209.9- 212;4
190.5 192.9
214.8
195. 2
-.9
1 . i'
216; 4-
; 489; I
1. 1
1.2
218; 1
221U
;
497,1
225. 1 228.5
Table 5.—Sources and Uses of Gross Saving (¥-2)
[Billions of dollars]
1963
1962
1963
I
II
' 1961
18.3
18.9
III
IV
I
47S. i
466.7
474. 6
482. 0
489. 1
497. 1
18.6
19: 3
18. 4
18. 4
18. 2
17. 9
120. 1 130. 5 137.6
70.7 78.5 83.4
49-.S 52.1 54.2,
69.5 73.6 77.6
44.1
17.7
17.4
Services
_ . _ _ _ __ 51.9
Government and government
' 56.3
enterprises
Other___
._ : 30. 6
46. 1
18. 5
48.5
19.2
132. 3
79.9
52,4
77.0
47.3
18.6
1962
1963
r
n
III
IV
I
Seasonally adjusted, at annual rates
Seasonally adjusted at annual rates
426. 1 453. 7
1964
25.6
Gross private saving ...
1961
Manufacturing _
Durable goods industries
Nondurable goods industries.
Wholesale and retail trade
Finance, insurance, and real
estate
_ _ __ __ _ >
Transportation
Communications and public
utilities
244.1
482-0
1964
1963
Agriculture, forestry, and
fisheries
466. 7
1. Excludes profits originating in the* rest of the world.
Table 2.—National Income by Industry Division (1-11)
trillions of dollars]
All industries, total.
474. 6
478. I
137. 0 139. 5
83.4
84.3
53,6 , 55,2
77.6
77.7
47. 9
19.1
48.9
19.4
141.6
86.0
55,6
78.3
144.5
87.6
56,9
79.4
49.9
19.8
50.3
19.9
18.3
19.3
19.1
19.0
19.5
19.4
19.8
55.4
59.1
57.5
58.6
59.7
60.5
61.4
60.4
32.1
64. 6
33.7
62.9
32.6
63.8
33.2
64.8
34.2
66.8
34.7
68.1
35.8
Personal saving
Undistributed corporate profitsCorporate inventory valuation adjustment
Capital consumption allowance
Excess of wage accruals over
disbursements
Government surplus on income
and product transactions
7'8.,4
m.T
89.8
86U
89.2
27.6
29.1
29.3
2711
29.6
6. 5
8.1
9.3
8.3
9.2
.0
.2
-.4
.4
-.9
44.3
4$. 4
51.6
50; 6
51.3
.0
.0
.0
.0
,0
-4.7
Federal,. .,_... _....___ _.„ _._.__._ . _ -4,5
State and local___
. -.1
Gross investment
Gross private domestic investment _
^ -.
Net foreign investment
:
91.4
92; 3
96.1
29.5
31. &
30.8
9.8
9.7
12.1
.0
-1.1
52.1
52. r
.0
.0
-3.9
-1.7
-4.2
-1.3
-4.3
.4
-2,8,
1.0
-4,6
.4
-3,0,
1-7
-1..8
1.2
86; 3
-.6
71.9
81, 0
85;. 1
79.9 '• 8,3-. 7
69.0
2.9
78.8
2.2
82.3
77.8
2,2
-1,8
-3*0
-1.9
Statistical discrepancy
(
-2.3
80.7
3,1
53?4
.0
-3.9
-L.& •s ~&3
1.4
.7
90. 5
89.6
87.1
83.7
2,6 5 3-4
84.8
4.8
-4.4
-4.1
-.8
-.2
;
-1.0
-2.6
Table 3.—Corporate Gross Product
[Billions of dollars]
1963
1961
1962
1963
I
II
1964
III
IV
Table 6.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment, by Broad Industry Groups (VI-10)
[Billions of dollars]
I
Corporate gross product
_ . 285. 6
Indirect taxes
30.8
Capital consumption allowI 26.8
ances __
Income originating in corpo^rate business
228. 0
Compensation of employees
185. 7
.9
Net interest _
__ - __
Profits before tax, including inventory valuation
41.4
adjustment L--
307.9
33.0
325.4
35.1
316.2
34.2
323.3
34.7
328.8
35.4
333.3
36.0
32.4 ; 31.7
32.1
32.7
33.2
33.7
257.9
250.3
256.5
260.6
264.1
268.6
198.6
1.0
208. 3
1.1
203. 2
1.1
207.7
1. 1
209.9
1. 2
212.4
1. 2
44.4
48,4
46.0
47.6
49.6
50.5
30.8
NOTE.—Back data published in the November 1962 and September 1963 SURVEY.
1. Excludes profits originating in the rest of the world.
1961
1962.
1963
338.6
36.4
244.1
1964
1963
Season ally adjusted at annual rates
I
in
II
IV
I
Seasonally adjusted at annual rates
All industries, total
43.8
47. 0
51.1
48.8
50.1
52.2
53.2
56.0
214.8
1. 2
Manufacturing
Durable goods industries- _-__
Nondurable goods industries _
22.0
11.1
10,9
24. 5
13. 2
11.3
26.5
14-. fill. 9
24.2
13. 2
11.0
26; 0;
145
11.5
27. 6;
15.0
12.6
28.1
15.6
12,5
29.5
16.2
13,3
52.6
Transportation, communica,
tions, and public utilities
7.2
8.1
8.1
; 7.9
16.5
16,4
16,2
All other industries
. _-. : 14,6
7.6 •
14.9
8.3
;
1&4:
8.3
8.4
16,9
18.0
27
SURVEY OF CURRENT BUSINESS
28
June 1964
REVISED STATISTICAL SERIES
Consumer Installment Credit Extended and Repaid (Seas. Adjusted), 1960-62: Revised Data for Page S-18
[Millions of dollars]
Year and item,
Jan.
Feb.
Mar.
Apr.
May
4,147
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1960
Installment credit (seasonally adjusted) : 1
Extended, total
__
4,185
4,183
4, 330
4,148
4,176
4,174
4,076
4,160
3, 991
4, 025
3, 967
1,548
1,471
1,249
1,206
1 427 1,431
1,565
1,193
1,425
1,596
1,245
1 489
1,519
1,190
1 439
1,504
1,233
1,439
1,416
1,192
1 566
1,446
1,169
1 461
1, 476
1, 205
1 479
1,358
1,207
1, 426
1,432
1,171
1,422
1,315
1,214
1 438
3 765
3,700
3 754
3 858
3 837
3 851
3 889
3 840
3 875
3 891
3 877
3 864
1 351
1,119
1 295
1,335
1,084
1,281
1,356
1,104
1,294
1 365
1,135
1 358
1 384
1,141
1 312
1 378 1 359
1,147
1,137
1 326 1 393
1 376
1,132
1 332
1 367
1, 138
1,370
1 386
1,154
1,351
1 381
1, 141
1 355
1 356
1,147
1 361
3,879
3,840
3,928
3,770
3,917
4,012
3,960
4, 095
4,052
4,233
4,268
4 404
1,280
1,181
1,418
1,226
1,167
1,447
1,280
1,187
1,461
1,219
1,135
1,416
1 293
1,170
1 454
1,343
1,169
1 500
1 326 1 348
1,227
1,189
1 445 1 520
1 330 1 410
1,233
1,270
1 489 1 553
1 480
1,244
1 544
1 470
1,380
1 554
3,909
3,914
3,922
3,944
3, 914
3,987
3 952
4,011
3,987
4,064
4,047
4 072
1,376
1 166
1,367
1,368
1 149
1,397
1,367
1 169
1,386
1,370
1 198
1,376
1, 352
1 165
1,397
1,379
1 187
1,421
1,376
1 177
1,399
1,377
1 199
1,435
1,375
1 187
1,425
1,389
1 221
1,454
1,378
1 201
1,468
1 377
1 234
1 461
Installment credit (seasonally adjusted) : 1
Extended, total
4 278
4 357
4,418
4 604
4 644
4 579
4 640
4 651
4 543
4 639
4 855
4 826
Automobile paper
Other consumer goods paper
All other
1 511
1,229
1 538
1 553
1,279
1 525
1,592
1,238
1,588
1 645
1,335
1 624
1 667
1,314
1 663
1 638
1,299
1 642
1 671
1,309
1 660
1 691
1,292
1 668
1 566
1,306
1 671
1,700
1,280
1 659
1 776
1,364
1 715
1 739
1,415
1 672
4,092
4,097
4,106
4,119
4 224
4,190
4 266
4 263
4 293
4,271
4 372
4 341
1,436
1 195
1,461
1,408
1 238
1,451
1,405
1 220
1,481
1,397
1 232
1,490
1,460
1 248
1,516
1,435
1 246
1,509
1,464
1 271
1,531
1,480
1 258
1,525
1 467
1 276
1,550
1,494
1 238
1,539
1 523
1 268
1,581
1 509
1 262
1 570
Automobile paper
Other consumer goods paper
All other
;__
Repaid, total
Automobile paper
Other consumer goods paper
All other
1961
Installment credit (seasonally adjusted) : *
Extended, total _
_
_ >
Automobile paper _
Other consumer goods paper,..,. __, _„
All other. .
Repaid, total
_„_ _ , _ „ _ „ _ „ _ _ „ „
_
Automobile paper
Other consumer goods paper
All other
__
__
__
_
1962
Repaid, total
Automobile paper _ _ _ _ _
Other consumer goods
All other
_
_
_ _
_ __
_ _ _
1
Includes adjustment for differences in trading days. Data reflect revised seasonal factors.
Source: Board of Governors of the Federal Reserve System.
Petroleum and Products: Revised Data for Pages S—35 and S—36
[Millions of barrels]
1962
Item
Jan.
An oils, supply and demand :|
New supply, total __ _ __ _ _
Production, natural-gas liquids, etc
Imports, refined products
Demand, total
Exports:
Crude petroleum __
Refine} prorlno.ts
Domestic demand, total
Gasoline
Kerosene
_ ._
Distillate fuel oil
Residual fuel o i l
Lubricants.
Asphalt
_ _
Liquefied gases
_
,
J
__ _
_ _ _ _ _ _
Hefined petroleum products :t
Gasoline (incl. aviation) :
Production!.—
Exports
Aviation gasoline, exports
_ _
Distillate fuel oil:
Imports
Exports
_ _
Residual fuel oil:
Imports
Exports
Lubricants, exports
Liquefied petroleum gases, transfers from
line plants
__ __ __
_
__
_ _ _
__ __
gaso-
Mar.
Feb.
Apr.
May
June
July
Sept.
Aug.
Nov.
Oct.
Monthly
average
336.4
32.0
40.3
298.6
29.3
28.6
325.6
32.1
33.1
311.4
30.5
26.9
313.0
30.5
25.3
305.5
29.3
24.7
314.5
31.1
23.5
319.4
30.6
24.3
311.9
30.4
27.6
322.7
31.6
26.9
319.1
32.0
30.5
330.6
33.4
37.0
317.4
31.1
29 1
373.5
311.7
336.4
291.6
298.4
291.5
297.0
302.1
290.8
311.7
335.0
357.3
316.4
.1
4.7
368.7
121.5
21.2
.1
4.9
306.6
109.3
16.0
.2
4.8
331.5
130.4
15.0
.1
5.1
286.4
129.4
10.6
.3
5.3
292.8
140.7
9.0
0)
4.7
286.7
140.6
9.2
.2
5.0
291.8
142.7
10.9
.2
5.2
296. 7
147.4
10.6
.1
5.6
285.2
126.6
12.1
C)
4.0
307.7
136.9
13.6
.3
4.8
329.9
133.3
16.2
.1
5.5
351.6
125.9
19.7
.1
5.0
311.3
132.1
13.7
101.2
64.7
3.5
3.4
29.6
82.4
51.0
3.5
3.6
20.8
75.6
54.9
3.6
4.8
22.8
53.7
40.5
3.8
6.9
18.5
44.6
38.9
4.0
11.3
17.8
40.0
34.5
3.8
13.8
17.6
40 8
34.1
3.6
14.9
19.0
36.6
34.8
3.8
17.2
18.4
44.4
39.2
3.5
13.3
19.6
51.3
43.2
3.9
13.3
20.8
72.0
51.3
3.6
7.8
22.9
89.8
58.6
3.0
3.8
27.7
61.0
45.5
3.6
9.5
21.3
132.9
4
.3
119.0
.4
.3
130.1
.3
.2
123.7
8
.6
132.0
4
.3
132.9
5
.4
139. 9
6
.4
136. 7
8
.5
132.6
7
6
132.9
8
.6
131.4
4
.2
139.3
4
.3
131.9
5
.4
2.4
.8
.7
.7
.7
.9
1.5
.5
15
.5
10
.3
.9
.4
.5
.6
10
.9
.7
.5
5
1.0
.5
1.2
1.0
.7
31.8
1.2
1.3
23.5
16
.9
26.8
14
1.2
20.4
10
1.8
18.4
15
1.7
16.8
8
1.5
17.4
10
1.6
16.1
10
1.5
18.3
8
19
19.5
6
1.0
25.4
9
1.4
29.9
.9
1.8
22.0
1.1
1.5
22.4
14.6
15.8
12.5
12.1
11.7
12 6
12 3
13 7
14 4
16.4
20.2
14.9
1
a Less than 50,000 bbls.
JThe series shown here comprise those which have been revised; the remaining series in these sections (as shown on pp. S-35 and S-36) are unchanged.
IRevisions for Jan-Dec. 1961 (mil. bbl.): 131.4; 115.4; 126.9; 118.7; 127.1; 123.8; 135.7; 136.8; 124.7; 129.3; 128.6; 135.0; monthly average, 127.9.
Source: U.S. Department of the Interior, Bureau of Mines.
Dec.
BUSINESS STATISTICS
JL HE STATISTICS here update series published in the 1963 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1959 through 1962 (1951-62, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1963 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (t), respectively; certain revisions for 1962 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the August 1963 issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding
to revised monthly averages are available upon request. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment
for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962 | 1963
1961
I
Annual total
II
Data from private sources are provided
19 62
III
IV
I
| II
1964
1963
III
jj
I
IV
III
j
I
IV
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
National income, total
Compensation of employees, total
426.1
453. 7
478. 1
411.1
423 2
429 0
441 0
444 7
452 4
455 5
46° 2
466 7
474 6
482 0
489.1
do
302.1
322.9
340.4
294.0
300. 1
304.4
309.9
316.0
322.5
325. 3
327.7
332.0
338.7
342.8
347.9
352. 5
278.8
227.0
10 2
41.6
23.3
48.1
35.3
12.8
12.1
297.1
241.6
10.8
44.7
25.7
49.8
36. 5
13.3
12 0
312. 3
253.0
11.0
48. 3
28.0
50. 5
37.7
12. 8
12. 1
271 2
220'. 8
10 0
40.4
22.8
47.0
34.2
12 8
12. 1
276. 9
225 8
10 0
41 2
23.1
47 6
35.0
12 6
12 1
281. 0
228 8
10 0
42 2
23.4
48 3
35.7
12 6
12 1
286. 1
232 5
10 8
42 8
23.8
49 5
36.3
13 2
12 0
290.7
236 1
11 1
43 6
25.2
49 5
36.0
13 5
12 0
296.8
241 7
11 0
44 1
25.7
49 6
36.5
13 1
12 0
299.4
243 7
10 7
45 0
25.9
49 8
36.6
13 2
12 0
301.5
244 7
10 5
46 3
26.2
50 3
36.9
13 4
12 0
304. 5
246 7
10 7
47 1
27.5
50 7
37.2
13 5
12 0
310.8
252 2
10 8
47 8
27.9
50 0
37.4
12 6
12 0
314.6
255 1
10 8
48 7
28.2
50 5
37.8
12 7
12 1
319.4
258 1
11 8
49 5
28.5
50 8
38.2
12 6
12 2
323. 0
261 1
11 8
50 7
28.8
50 8
38. 6
12 2
12 3
43 8
47.0
51.1
38 8
43 6
44 0
48 6
46 1
4f 5
46 1
49 3
48 8
50 1
52 2
53 2
43.8
22 0
21.8
15 3
6 5
.0
46.8
22 2
24.6
16.6
81
.2
51.5
24 4
27.1
17.8
9 3
—.4
38
19
19
15
4
43
21
21
15
6
44 3
48
24
24
15
8
45
21
24
16
8
46
22
24
16
8
46
21
94
16
7
48
29
25
17
8
48 3
51
24
26
17
9
52
24
27
17
9
Wages and salaries, total
do__. .
Private
do .„
Military
do
Government civilian
.
do
Supplements to wages and salaries
do
Proprietors' income, totaled
. _ __ _do_ __
Business and professionalcT
do
Farm
_.
_ _do
Rental income of persons
_
_
do __
Corporate profits and inventory valuation adjustment, total
_.
bil. $
Corporate profits before tax, total.
Corporate profits tax liability
Corporate profits after tax___ __
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest
T
bil. $
do
do
do
do
do
do
5
4
2
0
2
3
4
8
6
1
5
y> 3
22
15
6
—
0
2
8
3
9
6
3
8
5
9
7
2
2
0
1
7
1
6
4
i
2
2
9
3
5
8
1
4
Q
5
1
4
9
99 9
25 4
17 1
8 3
4
0
2
8
6
2
9
2
7
5
6
8
o
54
25
28
18
9
—1
3
8
6
8
7
1
497. 1
r 56
T 5f,
24
r 3{
iq
2
9
2
i
r 19 1
_ 9
do
20 0
22 0
24 1
19 1
19 8
20 3
91 0
21 2
21 7
22 3
23 0
23 3
23 7
21 3
25 0
do
518 2
554 9
585 1
500 4
512 5
521 9
537 8
544 5
552 4
556 8
565 2
571 8
579 6
588 7
600 1
608
Personal consumption expenditures, total. _do
336.8
355.4
373.1
330.7
334.9
337.9
343.8
348.8
352.9
356.7
362.9
367.4
370.4
374. 9
379.9
387.9
Durable goods, total ®
do
Automobiles and parts
_
do
Furniture and household equipment. _ .do
Nondurable goods, total©
do
Clothing and shoes
do
Food and alcoholic beverages
do
Gasoline and oil . _
do
Services, total 0
do
Household operation... _ _
do
Housing
do
Transportation
.
_
__ do
43 6
17 1
19.2
155.1
28.6
81 1
11 9
138 0
20 4
44 1
10 7
48 2
20 4
20.2
161.4
29.8
84 2
12 3
145 7
91 5
46 6
11 3
51 5
22 3
21.3
167. 1
30.3
86 7
13 0
154 5
22 6
49 2
12 1
41 2
15 7
18.3
153.9
28.2
80 6
11 9
135 6
20 0
43 3
10 7
43 1
16 7
19.1
154.5
28.2
81 0
11 7
137 3
90 4
43 8
10 6
43 9
17 0
19.6
155.3
28.6
81 2
11 9
138 8
90 6
44 4
10 7
46 4
18 9
20.0
156. 9
29.3
81 6
119
140 5
20 8
45 0
10 8
47 3
19 7
20.0
158.9
29.7
82 7
47 ^
20 1
19.8
160.6
29.5
83 9
12 2
47 7
19 8
20.3
162.5
29.9
85 0
19 3
50 6
29 o
20.9
165. 3
30.2
85 8
51 0
22 3
20.7
165. 9
29.7
86 3
13 0
50 8
2l' 5
21.3
168. 6
30.9
87 2
53 6
23 3
22.3
168. 7
30.4
87 4
13 2
142
21
45
11
1 AA
1 4fi fi
92 2
48 2
11 8
2^ 4
48 8
12 1
99 o
49 5
12 ^
93 A
509 2
I 3
51
197
69.0
78.8
82.3
59.6
66.6
72.0
77.6
77.3
79.6
78.9
78.8
77.8
80.7
83.7
87.1
84.8
41 6
21.0
25.5
1.9
1 5
44 4
23.2
28.8
5.5
4 9
46 6
25. 0
30. 9
4.7
4 2
39 3
19.0
24.6
-4.3
—4 6
41 0
20.1
24.5
1.1
g
42 6
21.9
25.8
3.5
3 2
43 2
22.8
27.1
7.2
6 9
41 7
21.2
27.4
8.1
7 6
44 5
23.3
28.7
6.5
46 0
24.2
29.3
3.6
2 0
45 0
23.7
29.9
4.0
3 9
43 7
22. 7
29.0
5.1
4 0
AK. Q
47 Q
4Q 9
24.8
30.7
4.3
3(*
25.9
31.6
4.2
3 ij
26.8
32.5
5.4
4.4
27 5
23 1
38
28 9
25 1
4 5
30 7
26 2
5 4
27 5
22 1
4 3
26 5
29 2
4 i
27 8
23 7
4 0
og 3
24 2
33
27 9
94 g
4 4
29 5
25 0
4 1
29 4
33
28 8
3 6
28 6
4 0
30 7
qi
Govt. purchases of goods and services, totah.do
Federal (less Government sales)
do
National defense 9
do... I
State and local
do
107.9
57.4
49.0
50.6
117.0
62.4
53.3
54 6
125.1
66.3
56.7
58 8
104.7
55.4
47.5
49 3
106.8
57.1
49.0
49 7
107.9
57.1
48.6
50 8
112.3
59.8
50.9
59 5
115. 1
61.8
52. 5
53 3
115.5
61.9
52.9
53 6
117.0
62.4
53.5
54 6
120.2
63.6
54.3
56 6
123.0
65.5
56.4
123.8
66. 5
56.7
E
c7 o
125.7
66.4
56.7
rn A
By major type of product:
Final sales, total
Goods, total
Durable goods
Nondurable goods
Services
Construction _ _ _ _ _ _
516 3
257 3
93.8
163.5
200 4
58 6
549 3
272 8
101.5
171.3
214 5
580 3
286 9
109.6
177.2
228 0
65 4
^04 7
252 8
90.6
162.2
19* 3
56 7
511 4
°54 6
92.1
162.5
199 1
57 7
518 3
257 6
94.3
163. 3
201 5
59 2
530 5
264 0
98.2
165.8
205 7
60 9
536 3
268 1
99.9
168.2
209 0
59 2
KA(\ o
KJ-O
270 7
99.9
170.8
213 5
974 8
977
102.6
172.1
103.5
174.0
106.3
175.3
91 ^ 9
990 9
999 ^
109.6
176.0
99fi £
110.0
178.3
fi1 8
f><3
3 5
2 o
1.5
7 2
4 7
2.5
81
4 0
3.3
6 e
3 1
3.4
3
4.0
1.3
1. 8
2.4
Gross national product, total
Gross private domestic investment, total
New construction
Residential nonfarm
Producers' durable equipment
Change in business inventories
Nonfarm _
Net exports of goods and services
Exports
Imports
.
do
do
do
do
do
do
do. _
do
do
___
do
do
do
...do
do
do
Q9 I
Inventory change, total
do
19
5 5
11
4 3
4 7
2 9
Durable goods
do
— 4
2 1
6 6
15
Nondurable goods..
do
2.2
2.6
2.3
2.6
2.6
r
1
Revised.
p Preliminary. rf Includes inventory valuation adjustment.
© Includes
19 1
6
3
6
1
0
91 ^
46 3
11 3
C
data not shown separately.
0
21 5
46 9
11 4
OK q
Kf\
C
92 2
20.6
163.6
29.9
85 2
i9 a
198
-1 r l
91 8
47 (5
11 6
9(r jr
C7
-jq -i
4 3
»
a
1.2
A
f><3
£
4
A
2.6
RC
K
94 1
23.1
172.4
32.1
89 ^
-i q q
1 C7 7
»
-J
-1
25 0
5
39
27. 1
32.9
2.1
A
*<
127.7
66.6
57.2
f-\ n
128.8
66. 9
57.1
61. 9
594. 8
112.6
179.2
605.8
299. 1
116
183.1
237. 1
69.7
2. 5
2.9
2.1
.9
1.3
9 Government sales are not deducted.
s-1
June 19C4
SUKVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
| 1962
1961
1963
Annual total
III
1962
I
IV
II
1963
III
I
IV
II
1964
III
i | n
IV
III
GENERAL BUSINESS INDICATORS -Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gro^s national product total
bll. $ _ 447.7
474.8
492. 9
450. 4
463.1
467.8
474.0
475. 6
481.4
485. 3
489. 4
495.1
501. 7
506. 4
303. 6
317.6
328. 9
304. 5
309.2
313. 0
315.9
318. 6
322.9
325. 5
327. 0
330. 1
332. 8
339.0
41.5
143.3
118.9
45.6
147. 8
124. 3
48.6
151.3
1 29. 0
41.6
143. 5
119. 4
44.1
144.7
120. 4
44.7
146.0
122.3
44.7
1 47. 4
123. 8
45.0
148.8
1.24. 8
47.8
148.9
126. 2
48.1
150.1
127.3
48.0
150.5
128. 5
48.0
152.6
129.6
50. 4
151.9
130. 6
52.5
154. 8
131.7
Personal consumption expenditures, total _ _ do
Durable goods
Nondurable goods
Services
_ do
do
do .
j
|
do
57. 5
65. 2
67. 7
59.9
64.7
64.4
66. 0
64.8
65.2
64.6
66. 4
68. 6
71.4
68.9
New construction _
__
Producers' durable equipment
Change In business inventories
do
do
_ do
34.7
21.0
1.7
36.7
23.8
4.8
37.8
25. 5
4.4
35.5
21.3
3.1
36.0
22.4
6.3
34.7
22.7
7.0
36. 8
23.6
5.7
37.8
24.2
2.9
36.9
24.8
3.4
35. 7
24.0
4.9
37.3
25.3
3.8
38. 6
26.1
4.0
39. 5
26. 8
5. 0
39.8
27.0
2. 1
Net exports of sroods and services
do
Gross private domestic Investment, total
2.3
1,8
2.6
1.9
1.7
.9
2.6
1.4
1.8
2.8
2.3
3. 3
4. 5
84.3
44.8
39.5
90.2
49.0
41.2
93. 7
50, 5
43. 2
84.2
44.6
39.5
87.4
47.0
40.4
89. 4
48.7
40.7
89. 5
48.8
40.7
89.9
48. 8
41.1
91.9
49.6
42.3
93.4
50. 6
42.9
93.2
51.0
42. 1
94.1
50.7
43.4
94.2
49.8
44.4
94.1
49.3
44.7
DISPOSITION OF PERSONAL INCOME
Quarterly Data Seasonally Adjusted at Annual Rates
Personal Income, total
_ bll. $__ 417. 4
52.9
Less* Personal tax and nontax payments
do
364. 4
Equals' Disposable personal income
do
27.6
Personal saving §
do
442.1
57.7
384.4
463. 0
60. 5
402. 4
420. 2
53.0
367. 2
428.0
54. 9
373. 1
433. 5
56.2
377.3
440.7
57.9
382. 7
444. 5
58. 1
386. 5
449. 9
58. 5
391.4
453. 9
59.4
394.5
459. 9
59. 9
400. 0
465. 2
60.8
404.4
473. 0
62.1
410. 9
479.1
60.4
418.7
29.1
29. 3
29.2
29.3
28.5
29.8
29.7
23. 5
27. 1
29.6
29. 5
31.0
30.8
Govt. purchases of goods and services, total .do
Federal
do ._
State and local
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
All Industries
. bll. $
34.37
37.31
39. 22
8. 65
9.54
8. 02
9.50
9.62
10.18
8.25
9.74
10.14
11.09
Manufacturing
_
Durable goods Industries
Nondurable goods industries
do
do
__do
13.68
6.27
7.40
1 4. 68
7.03
7.65
15.69
7. 85
7.84
3.34
1.50
1.84
3.88
1.79
2.09
3.14
1.44
1 . 69
3.69
1.77
1.92
3 72
1.79
1.93
4.13
2.03
2.10
3.27
1.62
1.65
3.92
1.96
1. 95
3.95
1.96
1.99
4.56
2. 31
2. 25
'3.79
' 1.93
' 1.87
' 4. 54
r 2 29
' 2. 20
4.62
2.23
2.39
Mining
_
Railroads
Transportation, other than rail
Public utilities
Communications
Commercial and other
do
do
do
do
do
do
.98
.67
1.85
5. f.2
3. 22
8.46
1.08
.85
2.07
5.48
3.63
9.52
1.04
1.10
1.92
5. 65
3.79
10. 03
.25
.16
. 47
1.50
.78
2.16
.26
. 16
. 50
1.54
.88
2.32
.26
.16
.47
1.06
.88
2.06
.27
.26
.60
1.37
.93
2. 37
.28
.24
.50
1.54
.87
2.48
27
!?>0
1. 52
.95
2. 60
.24
.21
.39
1.04
.85
2.26
.26
.28
.54
1.40
.95
2.41
.27
.29
.45
1.60
.93
2.64
.28
.33
.54
1.61
1.06
2.72
' . 26
' .32
'.51
' 1. 18
.97
' 2. 37 '
.28
'.38
'.60
' 1. 53
.28
.34
.53
1.63
Seas. adj. qtrly. totals at annual rates:
Manufacturing.
Durable goodsindustrles
Mining--
_
35. 40
35. 70
36. 95
38.35
37. 95
36. 95
38. 05
40.00
41. 20
' 42. 55 i 43. 35 2 44. 30
13.65
6. 10
7.55
14.00
6.40
7.60
14.20
6. 55
7. 60
14.45
6.95
7.50
15.05
7.25
7.80
15. 00
7.30
7.70
14. 85
7. 35
7, 50
15.30
7. 65
7.65
15.95
8.00
8.00
16.45
8. 30
8.15
' 17. 40 ' 17.85
18.60
' 8. 85 ' 8. 95 9
' 8. 55 ' 8. 90 9.55
-do
1.00
.65
1.90
5 65
3 on
8.60
1.00
. 60
1.95
5.55
3. 35
9.00
1.15
.70
2.05
5.15
3.70
8.75
1.05
.95
2.25
5.40
3.65
9. 25
1.10
1.00
2.00
5. 75
3.60
9. 85
1.00
.80
1.90
5. 45
3.60
10.20
1.05
.90
1.70
5. 20
3. 55
9.65
1.00
1 . 00
2.05
5. 45
3.65
9.65
1.05
1.20
1.85
5.90
3.85
10.20
1.05
1.35
2. 10
5.80
4.05
10. 45
1.15 ' 1. 05 1.10
1.40
' 1.30
1.35
2. 30 ' 2. 15 2.15
5. 95 ' 6. 15 6
4.05
' 10. 25'314.85 315.05
4, 780
4, 790
4, 800
4,815
4, 825
4, 835
4, 850
4,860
4,875
' 8, 447 '8.151
'8,312
' 8, 576 ' 8, 603 ' 9. 679
' 8. 383 ' 9. 045
9,113
' 4, 058 ' 4, 088 ' 4, 040 ' 4, 017 ' 4, 197
' 747
'731
'792
'749
'745
' 1.462 ' 1 . 465 ' 1,504 '1.529 ' 1.578
' 4, 353 ' 4. 364
'711
'708
' 1,595 ' 1.630
' 4. 347
720
1,613
* 4,713
* 4, 797
4. 760
4. 770
U.S. BALANCE OF INTERNATIONAL
PAYMENTScft
Quarterly Data are Seasonally Adjusted
U S payments recorded
mil $
'31,791 '33,486 '35.710
' 8. 005
'8,616
_ __
Remittances and pensions
Govt. grants and capital outflows
U.S. private capital (net)
Direct investments
Long-term portfolio
Short-term
Exports:
Merchandise
Services and military sales
_
r
3. 826
3, 948
3, 881
14, 497 '16.134 '16,931
'714
' 2, 954 ' 3, 044 ' 2, 897 ' 695
'758
' 5, 401 ' 5, 843 ' 6, 332 ' 1 , 346 ' 1 , 389 ' 1,412
do
do
705
'738
' 4, 054 ' 4, 293
'
'
'
'
'826
' 4, 522
4, 180 ' 3, 434 ' 4. 202
1,599 ' 1,654 ' 1 . 862
1.025 r 1,227 '1.644
' 553
' 696
1, 556
'174
1 , 034
' 7. 262 ' 7 , 7 1 7
'30,419 '32,394 '33, .352
do
do
4. 987
19. 91 3 '20,576 '21.938
' 8. 525 ' 9, 508 ' 9. 735 '2.134
do
do
1,274
'707
' 1 , 280
' J . 030
' 969
' 71 0
174
'1,206
' 930 ' 1.252
' 435
' .377
'259
' 445
T
236
' 430
do
Repayments on U S Govt. loans
do
Foreign capital other than liquid funds (riet)_do
Excess of recorded receipt* or payments ( — )
Unrecorded transactions (net)
<4,755
do
do
do
__.do
do
do
do
U S receipts recorded
3 3. 72 33. 79
34.70
BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adjusted)
thous
_ _ __
2 11.19
do
do
Transportation, other than rail
do
Public utilities___do____
Communications
_ _. _ _ do
Imports:
Merchandise
Militarv expenditures
Other services
'9.40 'U1.05
99
'42
5, 121
'2.187
196
213
r
' 213
'219
' 191
' 187
' 185
' 203
' 189
177
' 1,074 ' 1 , 065 ' 1, 066 ' 1.088 ' 1 , 041 ' 1 . 333 ' 1 . 009 ' 1. 139
' 1 , 068
' 260
'390
'418 '
' 628
'446
' 303
-121
'771
'417
'208
' 146
'
'
'
'
907 '1,056 ' 1.621
' 581
' 451
531
' 598
' 521
326
110 ' -46
' 572
' 512 ' 1.013
'r 594
' 236
223
' 302
' 196
' —26
' 8. 3)37 ' 8, 528 ' 8. 832
' 7, 706 ' 7, 925 ' 8. 408
'
'
'
'
202
897
1,334
463
226
645
9, 179
r
' 5, 032
' 5. 288 ' 5.019 ' 4, 984 ' 5, 459 ' 5, 597 ' 5, 898 6, 087
2, 771
' 2. 1 98 ' 2*. 397 • ' 2. 339 ' 2. 574 ' 2, 432 ' 2. 421 ' 2, 375 ' 2. 507
' 150
' 326
"54
' 606
' 175
' 287
' 475
' r 166
73
190
' 267
'424
' 132
'-1,372 '-1,092 '-2,358 ' -743 ' —899 ' 741 ! ' —226
' 145
' 96 ' 221 ' -948 '-1,342
'43 ' -.332
; '
-214 ! ' -430
' -460 ' -124 1
' 42 ' -277
'-998 '-1,111 ' -286
189
' 238
' -213
73
P
:::::::
1
216
105
06
-108
Total, net receipts or payments (— )
do
—2,370 '-2,203 '-2,644 ' -700 ' -1,231 '-748 ' -440 ' -334 ' -681 '-1,072 '-1,300 ' -132 ' -140 ' -42
Xet receipts or payments (— ), inch transactions in j
j
nonniarketable, medium-term convertible Govt.
' -722 '-1,148
'-1.942
'43 ' -115 ' -42
securities
mil $ i -r
p
4
Revised.
Preliminary.
Unadjusted. Data represen t firms i n operat on as of Jan. 1; evStimate for Jan. 1, 19(
1
Estimates for Apr .-June 1964 based on anticipated capital expenditures of business.
is based on incomplete data.
2
Estimates for July-Sept. 1964 based on anticipated capital expenditures of business.
§Personal saving is excess of clisposabl e income3 over p ersonal c onsumpt ion expenditur
Anticipated expenditures for the year 1964 arc as follows (in bil. $): All industries, 43.92;
shown as a component of gross n ational ] )roduet o n p. S-l
manufacturing, total, 18.25; durable goods industries, 9.05; nondurable goods industries,
d"More complete details are given ii i the qu arterly *eviews in the I*tfar., June, Sei
9.20; mining, 1.09; railroads, 1.44; transportation, 2.21; public utilities. 6.03; commercial and
and Dec. issues of the SURVEY.
other (incl. communications), 14.90.
'•* Includes communications.
{Revisions for 1960 — 2d qtr. 1 461 appo ir on p. 10 of this SURVEY
SURVEY OF CURRENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
19G2 ] 1963P
Monthly
average
S-3
1964
1963
Apr
May
June
July ! \ i > g
Pept
Oct
1 Nov
Dec
.Ian
Feb
Mar.
Apr.
May v
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
463 0
457 4
460 1
469 6
464 2
465 1
467 3
471 2
472 6
476 0
^ 476.1
478 1
478 8
480 9
r
297. 1
312.3
308.7
311.2
312.9
314.1
314. 4
316. 2
318.7
319. 2
320. 8
321. 7
324.2
325. 3
' 327. 3
328
118.5
94 2
76. 6
123.8
98.3
79.8
122.5
97 2
79.2
123.8
98 4
79.7
124.7
99 0
79.8
125. 1
99 2
80.1
124.7
98 7
80.2
125. 5
99 6
80.7
126. 3
100 2
80.9
126.2
100 2
81.0
127.2
101 1
81.3
126. 9
101 1
81.7
128.4
101 9
82.1
128.8
109. 3
82. 2
r 129. 9
130
103 3
82. 7
-do
do
do _
46 4
55.6
12 1
49 5
59.3
I9 6
48 7
58.3
12 5
49 i
58 .6
12 6
49 4
58.9
12 6
49 8
59.2
12 7
50 0
59. 5
12 7
50 2
59. 8
12 7
50 4
61.
0
I9 8
50 6
61.3
19 8
50 8
61.6
12 8
50 9
62. 2
51 2
62. 5
19 8
r> 9
51 4
62.8
I9 9
do
do
36 5
13.3
37.7
12.8
37 3
12 8
37 4
12 6
37 6
12 4
37 7
12 7
37 9
12.7
37 9
12.7
38 2
12 7
38 9
38 4
12 5
38 4
12 2
389 6
I 1
38 7
12.3
12 0
16 6
30.0
34 8
12 1
17.8
32. 5
36.9
12 ()
17 3
31.9
36 4
12 o
17 3
32.1
36 6
12 0
18 2
32.3
36 4
12 i
17 5
32. 6
36 5
12 1
17.6
32.8
36.7
12 1
17 8
33.0
36 8
I9 2
18 2
33. 2
37 3
19 9
12 9
19 8
33. 8
37 7
19 9
I9 3
19 1
34.3
37 7
I9 3
19.3
34.5
38.0
bil $
1442 i
do
Commodity-producing industries, total-do
Manufacturing only
_
do
Distributive industries
do
Wage and salary disbursements, total
Service industries
Government
Other labor income
Proprietors' income:
Business and professional
Farm
- -
Rentnl income of persons
- __do
Dividends
do
Personal interest income
do
Transfer payments
- do
Less personal contributions for social Insurance
bil. $_.
Total nona°ricultural income
do
1
19 (J
18 5
33. 5
37 6
19 o
34. 1
2 39 9
r
483 6
103. 2
-82.5
r
r
r
484 8
51 7
63.1
12 9
51 9
63. 4
13
38.7
12. 2
389 9
I 1
12 3
19.5
34.8
38. 3
I9 4
19 5
35.1
38 3
12.4
12. 5
10.2
11.8
11.6
11.7
11.8
11.8
11.9
11.9
12.0
12. 0
12.1
12.3
12. 4
12.4
424 5
445 7
440 o
443 1
445 8
447 0
448 0
450 3
454 1
455 7
459 2
'-461 6
469 4
464 3
4 993
3 457
3 460
9
566
9 593
2 429
3 409
1 912
1 497
403
796
977
3 380
1 681
1 699
411
980
9
75
2, 409
2, 397
1.454
1,611
9
787
241
46
872
9
68
2, 329
697
1,632
420
920
252
140
178
1 10
i on
157
I9 5
99
89
107
98
73
118
96
65
120
1 58
183
140
159
171
1
^1
lol
115
95
131
113
71
146
111
56
152
128.3
129. 1
' 131.1
' 467 0 468 3
FARM INCOME AND MARKETINGS
Cash receipts from farming, including Government
payments (48 States) total
mil. $
3,138
3 161
2 316
2 373
9 307
9 838
3, 043
3 636
5 303
2,993
1,328
1, 665
404
968
269
3, 021
1,392
1,628
400
927
277
2 257
670
1 587
406
886
258
2 342
691
1 651
438
914
261
9
9
781
1 197
1 584
398
909
9 9
6
2, 928
1,279
1, 649
387
956
289
3, 466
1 785
1,681
3g4
986
293
4.517
2 545
1 972
395
1 934
330
123
124
122
194
130
119
93
62
116
96
64
121
94
76
108
114
116
120
119
191
142
166
123
185
9
37
145
136
130
142
140
134
145
104
53
142
112
59
152
109
72
136
130
119
139
138
127
145
157
170
147
947
174
1957-59=100-
118.3
124. 3
123.1
125.1
127. 9
120. 5
123.8
128.3
129.9
127.1
124. 5
125.8
do
do
do __
124 7
1994 4
151
107 8
140.7
124
124
123
106
0
4
7
9
126. 1
126 9
125 1
108 9
128 8
129 8
197 g
111 3
120.5
121 0
119.8
105 3
123
118
130
112
4
1
0
2
1°8 7
196 6
131 4
111 4
131 1
129 3
133 3
111 0
128
128
127
108
2
4
9
1
125.1
127 2
122.5
106 7
125.9
129 1
196 7 r 129 5
124.8
128 5
107 9 T 108 3
do
118.7
117 9
119.8
105 0
131.3
do
_do
do
_ __ d o
-do
119 7
119.7
125.9
117.7
119.6
194 8
125 1
134 3
1" 2
124.2
122 1
122 1
135 1
118.0
122.1
123 0
123.1
135 4
119 2
122. 8
127 i
128 1
142 0
193 7
124.8
121 7
121.3
124.3
120. 4
122.6
123 8
124.3
105 7
130. 2
122. 6
130 0
131 7
135 4
13C 5
126. 3
131 9
134 2
148
6
199 6
126. 9
127 7
128. 5
147 7
122. 4
126.1
125 3
123.9
141.7
118. 2
128.5
196 8 r
126. 1
138 7
122. 1
128.1 *
do
...do
do
117.0
114.1
120. 0
123. 6
124.0
122.0
126.0
126. 9
126. 5
127.3
128. 6
129. 2
128. 0
119.4
118. 7
120. 1
123. 9
11.8.7
129.2
126.8
124.0
129. 6
128. 1
125. 3
131.0
126. 5
123. 2
129.8
123. 8
121.0
126. 8
124.9
125. 7
Form marketings and CCC loans, total ._ do _ _ .
Crops
do
Livestock and products, total 9
do
Dairy products
do
Meat animals
_
_ _
do
Poultry and eecrs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
\11 commodities
- - - 1947-49=100-Crops
-do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
1947-49= 100__
Crops
do
Livestock and products
-do
291
' 815
I 476
417
788
948
H9
4 100
9 390
1 710
OQ r
988
99 Q
9Q5
1 --7
955
786
3Q9
INDUSTRIAL PRODUCTION
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities)
By industry groupings:
Manufacturing, total
Durable manufactures
Nondurable manufactures
Utilities
By market groupings:
Final products, total
Consumer goods
Automotive and home goods
Apparel a n d staples _ _ _ _ _ .
Equipment, including defense.Materials
Durable goods materials
Nondurable materials
Seas, adj., total index (incl. utilities)
By industry groupings:
Manufacturing, total
Durable manufactures 9
Primary metals
Iron and steel
Nonferrous metals and products
Fabricated metal products
Structural metal parts
Machinery
Nonelectrical machinery
Electrical machinery
12&2
130 1
r 131 4
r 128 4
r 107 (>
132
133
131
108
6
8
i
8
r 130 3
r 129 8
147 7
131.7
133
134 1
131 5
111 9
131.3
129 7
128 9
145
124
131. 4
* 129. 6 '131.9
*r 127 .4
130.7
131.9 r 133. 1
133. 5
133
134
r
r 128 5
128 9 r 127 7
144 4 T 144 i
124 0 r 122 5
127. 5 r 130. 1
128.1
125. 3
131.0
r
T
T
T
r 124 1
r
do
118.3
124.3
122.5
124.5
125.8
126. 5
125. 7
126. 5
126.7
126. 9
127.4
T
129. 6
130.3
do
118.7
124 7
123 1
125 2
196 4
126. 8
125 9
197 1
127 5
127.9
198 2
r 128 7
r 129 3
r 130 7
131 2
do
do
do
do
do
do
117.9
104 6
100. 6
119. 1
117.1
113.2
124. 4
113 1
109 5
126. 3
123 4
120. 2
122.8
120 1
121 8
121 .0
120 2
116.8
125.6
127 4
199 3
124.2
123 3
120. 9
127.
4
195 8
196 1
125.
5
195 1
123. 0
127.0
129 8
117 1
123. 5
125.6
124.2
125.0
109 4
102 6
126. 4
126 4
124. 5
125. 3
107 7
100 0
129.
4
I9 5 6
123. 7
126. 3
108 4
127. 0
110 4
104. 9
134.7
125. 6
121.8
127.9
113 6
108 3
132. 2
127 7
123. 1
r
128.6
T H8 7
114 5
139.9
127 <•>
123.6
T
130.
7
196 8
122.8
126.6
109 5
103 5
132. 9
126 0
121. 5
<• 131.2
1 23 5
123 o
137.6
131. (i
126
126
123. 5
119. 7
128. 5
129. 1
1269 7
13 2
125.9
121 7
131.4
128.4
124 5
133. 5
129.
4
196 0
133.9
1 29. 6
127. 0
133.0
130. 5
128 0
133. 9
131.3
199 4
133.7
132. 2
131 4
133. 3
132. 6
131 9
133. 6
133.3
133 3
133.3
134.7
135 9
134.0
r
r
130 8
150.3
113.0
130 8
151.8
111.7
130 6
151. 2
111.4
199 6
149. 2
111. 1
r 130 3
' 151.4
HO. 8
132. 5
120.4
108. 1
135 0
126. 2
131.9
120.9
111. 1
136 7
127. 0
132. 6
1 22. 5
112.5
137 4
126.3
131.8
122. 6
112.1
137 1
127. 1
__do
do- -do
Transportation equipment . _ _ _
Motor vehicles and parts
Aircraft and other equipment
do
do
do
118.3
134.1
103. 9
197 0
146. 1
109. 5
123 7
141.8
107.2
194 5
143.1
107. 5
130 4
153.8
109. 4
129 3
150. 9
109. 6
126 8
143.7
in. i
198 7
146. 5
112.1
Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture and fixtures
_ _
Miscellaneous inanufacturevS
do
do
do
do
do
123. 0
111.1
106.1
126. 8
122. 2
130.2
117.5
109. 0
133 1
124. 9
126.6
115.5
108.0
129 3
122.3
130. 2
115.9
108. 9
132 8
125. 7
131.6
117.9
106.9
133 9
125.4
132. 6
119. 7
104. 1
135 S
128. 1
132. 1
118.1
110.4
135 8
128. 4
133. 0
118.5
110.3
136 3
127.4
Nondurable manufactures
__do
119.8
125. 1
123. 4
124.8
125. 2
Textile mill products
_ _
_ do__ . 115.2
117 1
115 9
116 3
116 7
Apparel products
do
118.9
125.5
122. 6
122.9
124.9
99 2
102. 3
Leather and products
do
99.8
95.4
97.5
119. 7
Paper and products
do
125. 2
123.4
125. 8
122.8
r
1
Revised.
* Preliminary.
i The total and components are annual totals.
- Italicized total for Jan. 1964 excludes stepped-up rate of Government life insurance dividend
payments to veterans; total disbursements of $172 million multiplied by 12 (to put on annual
rate basis) amounted to $2.1 billion . Figures for transfer payments ami total nonagricultnral
126.4
117 6
126. 2
98.9
127.8
128.' 8
r
r
128 5
r
100 o
127. 9
r
133. 5
r 132 9
134.4
T
132. 4
124.8
116. I
137 ]
128. 1
128. 3
129. 6
T p>o 9
118 1
' 142.6
T 129 i
r
126. 3
r
128.6
135. 8
r 138. 1
r 138 9
' 134.6
137.1
r 131 4
131
130
138
140
135
111.7
132
154
113
132. 5
126. 0
117.3
r 132.6
<- 124.2
133
122
(}
113.8
r 138 7
r 128. 8
' 130. 1
r 129 o
149.9
109.6
r
r
r
r 137
<- 153.2
r
139
130
128.1
128. 6
128.
9
130.8
127. 1
128.6
128.9 r 128. 8 r 130. 1
120 9
118 8
120 5
122 0
191 8
190 0
131.3
127.9
129.8
126. 5
128. 5
131.7 r r131.7
128 1
103. 7
104. 3
103. 9
102. 4
99. 3
106. 6
96. 4
128. 5
126. 9
128.4
133.7)
128. 6 ' 129. 1
llHx 7
127.9
income reflecting similar exclusion are as follow: : Transfer payments—$37.9 billion; nonagricultural income—$459.5 billion.
9 Includes data for items not shown separately.
127.2
119 1
1 26. 9
101.3
127.8
SURVEY OF CUERENT BUSINESS
S-4
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963 *
Monthly
average
June 1904
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May. v
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Quantity Output— Con.
Seasonally adjusted indexes— Continued
By industry groupings— Continued
Nondurable manufactures— Continued
Printing and publishing
1957-59=100Newspapers
do
Chemicals and products
-do
Industrial chemicals
- do
Petroleum products
do
114.6
108.5
136. 1
147.5
112.9
116.4
108.0
148.5
162. 5
117.1
116.5
109.7
146. 1
160 . 7
115.8
118.4
111.4
147.8
161.9
116.9
118.6
112. 5
148.5
162.2
118.2
118.4
111.6
151.3
165. 2
119.5
118.5
112.8
151.7
165.3
117.6
118.6
113.7
152. e
166.8
117.0
117.9
111.9
153.9
169.1
119.0
118.5
113.2
154.6
169. 7
118.5
121.5
119.2
153.9
169.9
116.6
119.0
113.9
153.2
170.5
116.0
121.1 * 121.1 ' 123. 0
115.1
115.2
117.3
'r 153. 5 ' 154.2
155. 6
171.2
173.1
119.1 ' 119.7
120.2
do
do
-do
do
do
130.6
113.5
113.8
111.5
112.0
138.9
116.4
116.7
114.9
115.1
138 8
114.8
115.2
112.7
112.7
140. 7
116. 2
116.4
115.2
118.1
137 0
116.3
116.4
115.6
114.4
136 5
116.8
116.8
116. 7
117.9
143 1
117 5
117.5
117.7
116.8
142 5
116 5
117. 5
110.9
116.8
142 1
118.5
118.8
117.0
114.1
147 9
117.4
118.0
114.5
114.6
145.7
118.6
119.2
115.7
115.8
145. 7
119.9
120. 6
115.9
112.7
' 142. 2 145.1
' 120.6 ' 119.6
'119.8 '118.9
'125.0
123.3
105. 6
118.2
__do
do _
do
do _
-do
do
105.0
95.3
105. 5
105.1
112. 6
109.7
107.8
102.4
107.9
108.2
112.3
112.1
107.4
100.8
107.2
107.3
114.5
113.4
108.5
104. 5
108.3
109.5
116.4
110.1
109.4
107. 1
108.9
110.1
112. 8
113.2
111.3
107.1
111.9
113.0
110.3
113.5
111.3
108.0
111.8
112.7
112.8
110.7
110.3
106. 2
110.6
110. 6
113.4
111.9
109.1
104.1
109.1
109. 6
109.8
115. 5
107.5
102. 1
108.0
108. 9
106. 4
113.2
106.6
103.4
105 .7
105.7
111.6
113.5
108.3
104.0
107.2
106.8
116.4
116.2
r 108. 5
99.2
' 108. 4
107.0
118.8
114.0
do
do
do._
131.3
133.1
125.9
140.7
142.5
135.2
135.7
136.8
132. 9
139.1
140.9
133.7
141.3
143. 5
135.2
145. 3
148.3
136. 0
144. 6
147.3
137.0
142.8
144.7
137. 9
143.9
145.7
144.5
146. 2
143.3
147.0
144.9
148.8
143.6
146.8
do
do -
119.7
119.7
125.9
124.8
125. 1
134.3
122. 1
122.5
131.3
123. 5
124.1
133.1
125 2
125.9
136.9
125.9
126. 4
134 6
P6.2
126. 7
133.2
126. 5
126. 7
134.7
127.9
128.0
137.7
128.0
128.2
139.5
128.4
128.2
139.4
128.3
128. 5
139.1
Automotive products
_do_ _
\utos
_
do_ __
Auto parts and allied products do
131.1
135.9
124.9
141.1
149.5
130. 1
137.6
141.9
132.0
137.1
144.3
127.7
145. 3
159. 9
126.1
141.1
153.1
125. 3
134.8
139.6
128. 5
138.0
144. 2
129.8
146.8
156.8
133.6
149.1
160.6
134.0
147.6
157.0
135.3
146.4
154. 6
135.5
r
Home goods 9
Appliances TV, and radios
Furniture and rugs
-do
do
do
122.2
118.2
123.9
129.4
124.7
131.3
126. 9
123. 6
127.0
130.3
128. 0
130.7
131.0
129. 1
132.8
130.1
126. 0
133.8
132. 0
130.2
133.6
132. 3
130. 4
131.6
131.3
126.6
133.2
132.8
129.4
134.1
133.6
128.1
134.3
134.0
127.5
135.1
' 135. 7 ' 134.9
130.9 '128.2
135.8 ' 135. 9
Apparel and staples
do
Apparel, incl. knit goods and shoes.do
Consumer staples
do
Processed foods
do
117.7
114.5
118.7
113.7
122.2
117.5
123.6
116.5
119.8
115.3
121.0
114.9
121.3
115.5
122.9
115.9
122.4
117.4
123.8
116.1
123.8
118.7
125. 2
116.3
124. 6
119.2
126. 1
117.9
124.1
119.7
125. 4
117.9
124.9
121.8
125. 7
118.1
124.6
121.9
125.3
117.8
124.6
120.5
125.8
119.0
125.1
121. 2
126. 2
120.1
r
r
124. 5 ' 124. 5
125. 6
120. 1
118.7
120.5
' 125. 8 ' 126. 2 '127.0
'119.2 ' 118. 7 119.2
do
do
do
do
111.7
129.9
116.7
126.1
115.0
140.0
117.8
134.4
112.7
137.1
118.3
128.7
116.2
138.7
119.3
132. 0
115.2
139.7
119.3
136.1
117.1
143. 8
119.1
138. 2
117.4
144.0
120. 2
138.4
112. 9
144.8
1 18. 2
137. 6
116.0
144.0
117.6
138. 0
114.5
143.8
117.2
137. 9
115.7
143.4
120.9
135.7
114.8
142. 2
120.3
136. 9
r
do
119.6
122.1
117.2
143.1
117.2
107.7
124.2
128.3
122. 9
142.4
132.1
121. 6
120.4
124.3
119.2
143.3
126.0
115.2
122. 1
125. 9
120.9
143.4
124.8
112.2
123.8
127.8
122. 8
142.2
128.1
122.0
124 8
129. 0
123. 6
142.4
135.3
116. 6
1°5.3
130.1
124. 9
141. 5
134. 6
118.8
126 2
131.0
125. 6
141.6
140.7
122.0
127 7
132.0
126.6
141.2
140.6
130.7
127 6
132.1
127. 4
139.0
139.7
131.9
128 8
133.2
128.6
140.2
137.2
129.1
128.0
132. 4
128. 9
141.6
135.6
133.5
do
do
do
do
do
117.0
114.1
127.5
118.9
110.4
123.6
121. 1
137.2
125.4
116.3
122.9
121.2
135.4
123.1
115.1
125.7
124. 5
139.4
125. 1
116. 7
126.6
125.8
145.9
128.0
118.0
126.7
125. 2
142.7
126.4
119.4
1°5. 1
121. 9
136. 6
126. 3
119.2
125. 0
122.1
137.8
128. 4
119.0
125 5
122. 5
138.0
128.3
119.3
125.8
122. 5
138.4
125. 9
119.0
125 4
122.2
140.2
127.9
117.8
126. 2
122. 5
140.2
128.2
118.2
do
do_ _do _
do
120. 0
IK). 5
117.1
116.3
126.2
120. 1
120. 3
120. 1
124.7
119.0
116.1
120.4
126.9
121.6
120. 3
122.2
127.3
121. 6
121. 1
121.8
1°8 3
119.8
119.9
119. 8
128.4
121.7
119.7
122. 7
128.0
121.2
118.2
122.7
128 6
121.5
122 6
121.0
129 1
122.8
123. 9
122.3
128 7
122.6
121 3
123.2
130.0
124. 4
125. 1
124.0
r
r
111.7
Business fuel and power 9—
do
104. 9
Mineral fuels
- _ do
129. 9
Nonresidential utilities
do
BUSINESS SALES AND INVENTORIES §
Mfg. and trade sales (seas, adj.), totaltt
niil. $__ 165,078
117.2
109.3
138.8
115.6
108.0
135.9
117.9
110.5
138.3
118.8
111. 5
138.7
114.6
141.9
120.4
113.8
140.4
119.1
112.1
139.4
118.7
110.5
141.2
118.6
109. 9
141.9
117.5
108 0
142.0
118.5
109.1
143.0
' 118.4 '118.0
r
' 108 7 108 0
144.2
143.8
Rubber and plastics products
Food"> pnd beverages
Food manufactures
Beverages
_ _ _ _ _
Tobacco products
Minin°"
Coal
Crude oil and natural gas
Crude oil
Metal mining
_
Stone and earth minerals
Utilities
Electric
Gas
_
- -
By market groupings:
Consumer goods
\utomotive and home goods
Beverages and tobacco
Drugs, soap, and toiletries
Newspapers, magazines, books
Consumer fuel and lighting
Equipment including defense 9
Industrial equipment
- __do
Commercial equipment
do
Freight and passenger equipment do
Farm equipment
do
Materials
Durable goods materials 9
Consumer durable
Equipment
Construction
.
Nondurable materials 9
Business supplies
-- -Containers
General business supplies
Manufacturing, totalf
Durable goods industries
Nondurable goods industries
119.8
119.8
' 108. 3 ' 109. 3
94.5 '98.7
' 108. 7 108.5
* 107.8 ' 107.6
' 121.1
126. 2
r
115.6
117. 5
110 7
106
110
109
' 144. 2
147.5
145.0
146 5
' 128. 1 ' 128. 1 T 129. 4
128.7 ' 128. 2 ' 129. 3
140. 1 ' 138. 5 ' 140. 9
130
129 6
140
r
r
146.4 r 143.6 ' 148. 2
158.0
152.5
160.0
' 131.0 ' 132. 0 135.3
118.5
140.1
123.4
135. 0
126.7
' 131.4
'127.9
140.4
137. 5
127.9
121.6
' 140. 1
' 123. 6
135.8
*
'
*
*
'
127. 9 ' 129 7
133. 7
135. 6
131.9
133.4
141.0
143.0
133. 7
139. 8
128.8
126. 1
I28~~~
130 6
137
r
127. 8 '128 5 'r 129 5 130 4
126. 4
129
' 124.8
127 8
141.5 ' 142. 6
144. 5
128.4
129.5
130
5
r
120. 5 ' 120. 7 121.2
130 3
124. 8
125. 5
' 124.4
r
130. 1
* 124. 5
' 124. 7
r 124. 4
131 3
126 1
128 0
125.2
67, 452
67, 545
67, 983
69, 244
68, 250
68, 029
68, 884
68, 338
70, 026
70, 992 ' 71,013 '70,689
71, 655
34. 578
17, 892
16, 686
34. 836
18,112
16, 724
34, 942
18, 242
16, 700
35, 641
18, 746
16, 895
34. 736
18, 160
16, 576
34, 672
17, 937
16, 735
35,214
18 590
16, 624
35, 004
18, 272
16, 732
36 021
18 476
17 545
36, 677 r 36 235 '36,222
19,144 r 19 027 r 18, 887
17, 533 17 208 '17,335
37 061
19 322
17 739
19, 613
6, 245
13, 367
12,158
5,021
7,136
20, 536
6,675
13,861
12, 692
5,244
7,448
20, 276
6,646
13, 630
12, 598
5.199
7,399
20,200
6, 512
13, 688
12, 509
5,184
7,325
20. 486
6,630
13, 856
12, 555
5,228
7,327
20, 719
6,773
13, 946
12, 884
5,278
7, 606
20, 666
6,562
14, 104
12, 848
5, 297
7,551
20.426
6,606
13, 820
12, 931
5,354
7,577
20,716
6,941
13,775
12, 954
5,323
7,631
20, 558
6,734
13, 824
12, 776
5,300
7,476
21,019
6,831
14 188
12, 986
5,348
7,638
21,000
6,855
14,145
13,315
5,436
7,879
21, 399
7,014
14 385
13, 195
5, 508
7 687
21,533 '21,263
7,262 '6,939
14 271 '14,324
13,245 '13,204
5,548 '5,560
7 696 ' 7, 644
132
121
' 118.8
' 108 9 111
68,002
do
do
do
126
142.8
124.5
34, 774
18,071
16, 704
Mfg. and trade inventories, book value, end of year
or month (seas adj ) totalf
mil. $
149
160
135.8
129. 4
136.8
33, 308
-- do
17, 184
do
_ do _ _ 16, 124
Retail trade, total tdo
Durable goods stores
do
Nondurable goods stores
do_
Merchant wholesalers, totalf cf
do
Durable goods establishments
do
Nondurable goods establishmentscf__ __ do
Manufacturing totalf
Durable goods industries
Nondurable goods industries
1
125
100, 271 104, 435 101,151 101,324 101,693 102, 134 102, 205 102, 535 103, 167 103 926 104 435 104, 856 104 799 '105 002 105 433
57, 753
34, 326
23, 427
60, 147
36, 028
24, 119
58, 309
34, 787
23, 522
58, 507
34. 962
23, 545
58, 706
35, 156
23, 550
27, 938 28, 691 28, 061 28, 062 28, 124
Retail trade, totalf _
do
11, 728 11, 965 11, 622 11,584 11,614
Durable goods stores
do _
16,210 16, 726 16, 439 16, 478 16, 510
Nondurable goods stores
- _
do
14, 580 15, 597 14, 781 14, 755 14, 863
Merchant wholesalers, total! c?
do
8,206
8,202
8,276
8,108 8,447
Durable goods establishments
do
6,472
6,579
7,150
6,587
6,549
Nondurable goods establishmentscf
do
r
l
Revised.
* Preliminary.
Total and components are based on unadjusted data.
9 Includes data for items not shown separately.
{See note marked "t" on p. S-4 of the Nov. 1963 SURVEY.
fRevised series. For
58, 884
35, 346
23, 538
58,917
35, 507
23, 410
59, 087
35, 536
23, 551
59 322
35, 581
23, 741
59 780
35, 704
24, 076
60 147
36. 028
24 119
59 991
35, 955
24, 036
60 108 '60 283
35,945 '36,036
24 163 '24,247
60 478
36, 243
24 235
28, 259 28, 148 28, 147 28, 357 28, 651 28 691 29, 047 28,972 ' 28, 985 29 222
11,673 11,604 11,605 11, 664 11, 856 11 965 12 109 12 103 '12 236 12 308
16, 586 16, 544 16, 542 16, 693 16, 795 16 726 16 938 16 869 '16,749 16 914
14, 991 15, 140 15,301 15,488 15,495 15. 597 15,818 15,719 '15,734 15, 733
8.321
8,255
8,387
8,430
8,430
8,569
8 447
8 559 '8 478
8 454
6,914
6,736
6,819
7,058
7,065
7, 249
7,150
7,159 '7,256
7^279
detailed description of the changes affecting
these
series
and
data
for
earlier
periods, see
1
pp. 16-19 of the Dec. 1963 SURVEY.
cf Total manufacturing and trade sales and inventories
and merchant wholesalers' sales and inventories have been expanded to cover all merchant
wholesalers, including wholesalers of farm product raw materials; also, seasonally adjusted
data beginning Jan. 1960 for merchant wholesalers' sales and inventories revised to reflect
new seasonal and trading day factors. Revisions for earlier periods appear on p. 24 of the
May 1964 SURVEY.
SURVEY OF CURRENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-5
1963
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Feb.
Jan.
Mar.
Apr.
May
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:
Alanufacturing and trade totalt§
ratio
1.50
1.47
1.50
1.51
1.50
1.52
1.49
1 48
' 1 48 r 1 49
1 47
1.68
1.93
.59
.81
.54
1.68
1.93
.59
.80
.54
1.65
1.89
.58
.79
.53
1.70
1.96
.60
.80
.55
1.70
1.98
.61
.81
.56
1.68
1.91
.59
.79
.54
1.71
1.95
.60
.80
.56
1.67
1.95
59
.80
.56
1.64
1 88
57
77
. 54
1.66
' 1.89
57
.78
.54
1.66
1.91
57
79
.54
1.63
1 88
56
78
.54
1.41
.59
.20
.62
1.41
.58
.20
.62
1.41
.58
.20
.63
1.39
.58
.20
.62
1.41
.58
.20
.64
1.41
.58
.20
.63
1.43
.59
.20
.63
1.44
.59
.20
.65
1.37
.56
20
.62
1.37
T
.20
62
1.40
. 56
.20
64
1.40
56
.20
64
1.37
53
20
64
1.37
1.75
1.19
1.18
1.58
.90
1.38
1.75
1.21
1.17
1.58
.89
1.39
1.78
1.20
1.18
1.58
.89
1.37
1. 75
1.19
1.18
1.5S
.90
1.36
1.72
1.19
1.16
1.56
.89
1.36
1.77
1.17
1.18
1.57
.90
1.38
1.76
1.20
1.18
1. 57
.91
1.37
1.68
1.21
1.20
1. 58
.92
1.39
1.76
1.21
1.21
1.59
.94
1.37
1.75
1.18
1.20
1.58
.94
1 38
1 77
1.20
1 19
1 58
.92
1.35
1.67
1.18
1 19
1.54
.93
36
1. 76
1.17
r
19
r
52
r
.95
1 37
1 75
1.18
1 19
1 53
.95
678
699
693
687
592
605
682
756
689
789
683
716
33, 308
34, 774
35, 436
35, 002
36, 527
32, 744
33, 761
36, 028
36, 821
35, 377
34, 594
34,110 '36,818 ' 37, 069 37, 988
17, 184
961
2, 835
1, 522
_ 1,859
18, 071
947
2.944
1, 586
1,877
18, 703
975
3,197
1,797
1,905
18, 683
1,029
3,338
1,915
1,944
19. 599
1. 069
3, 342
1.905
2,019
17,014
999
2, 727
1,543
1,785
16,880
1, 035
2, 755
1,454
1,990
18, 278
1,042
2,788
1,421
1,986
19, 180
1,089
2,928
1,484
2,054
18, 457
960
2,852
1, 468
1,881
18,118
798
2,745
1,405
1,807
17,595
788
2,967
1,591
1,777
2,366
do
2,301
do
4,453
_do _ _
2,806
do
557
do__
16,124
do__
5,577
do
377
do
1,263
do
1,314
do
2,449
do
1,433
do
710
do_ _ _
do
2.517
2,398
4,848
3,154
583
16, 704
5,832
383
1,378
1,355
2,568
1,451
772
2,686
2.328
5.093
3,401
571
16, 733
5,655
365
1,379
1,356
2,768
1,419
814
34, 578
2,605
2, 330
4,943
3,296
566
16,319
5,656
412
1,318
1,345
2,695
1,429
756
34, 836
2,742
2, 585
5, 165
3,405
614
16, 928
5,961
401
1,452
1,388
2,632
1,478
805
34, 942
2.301
2,179
4.679
3,060
524
15, 730
5. 637
390
1.201
1.254
2, 396
1,435
712
35, 641
2,392
2,364
3,648
1,841
569
16, 881
5,797
409
1,427
1,366
2,526
1,475
736
34, 736
2, 595
2, 559
4. 553
2,791
625
17, 750
6, 241
385
1,515
1,453
2, 736
1, 456
799
34, 672
2.544
2 5?2
5,268
3,544
610
17, 641
6,184
383
1,501
1,427
2. 674
1,442
856
35, 214
2,470
2,484
5,221
3,512
610
16, 920
5,983
394
1,456
1,359
2,509
1,424
763
35, 004
2.577
2.490
5,237
3,387
636
16, 476
5.913
393
1,356
1,304
2, 369
1,521
784
36, 021
2,489
2,254
4,940
3,311
537
16,515
5,946
333
1,315
1,302
2,573
1,492
767
36 677
1.51
1.50
1.50
_ _ _ _ -_do _ _ _
do -do
do -- -- do_ --
1.70
1.96
.62
.80
.54
1.69
1.94
.59
.80
.55
1.69
1.94
.60
.80
.55
-
-- do _ _
do
_ _ _ _ _ do
do
1.42
.60
.20
.62
1.41
.59
.20
.63
Retail trade totalt§
do
Durable goods stores
__ d o _ _
Nondurable goods stores
__ ___do- _
Merchant wholesalers, totaHef
do _
Durable goods establishments.
_ do _ _
Nondurable goods establishments cf- do _
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:*
Durable goods industries (unadj.), total mil. $
1.38
1.82
1.18
1.19
1.60
.90
Manufacturing, total§
Durable goods industries
Purchased materials
Goods in process
Finished goods
_
Nondurable goods industries
Purchased materials
Goods i n process
Finished goods
Shipments (not seas, adj.), totalf__ _
_ _ _ _ _ do _
Durable goods industries, total 9 do
Stone, clay, and glass products
do
Primary metals
do
Blast furnaces, steel mills
_. _ _ - _ _ d o
Fabricated metal products
do_
Machinery except electrical
Electrical machinery
_ __ __ __
Transportation equipment __
Motor vehicles and parts
_ _
Instruments and related products
Nondurable goods industries, total? __
Food and kindred products
Tobacco products
Textile mill products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products
Shipments (seas adj ) totalf
By industry group:
1.50
r
r
T
T
r
778
19, 208 * 19, 471
842
'873
3,158 rT 3, 223
1,715 r 1, 737
1,911
1, 906
776
20 205
980
3 351
1,841
1,995
r
2, 784 rr 2, 896
2 937
2.523
2, 555
2 489
5. 306 rT 5, 285
5,626
3, 455
3, 487
3 749
599
'611
606
17,610 r 17, 598 17, 783
r
6,171
6, 120
6 069
339
T 368
379
1,457 r 1 477
1 456
1,398 r i 403
1 427
2.743 r 9 803
2 991
1,498 r 1 421
1 462
r
836
833
905
r
36, 235 r36 2" 37 061
~
17, 892 18,112 18, 242 18, 746 18,160 17, 937 18, 590 18, 272 18, 476 19,144 r 19, 027 r jg 887 19 32?
914
962
938
986
948
999
941
948
977
1,018
953
Stone, clay, and glass products
do
r 940
946
2,857
2,742
2,904
3,034 r 3 03?
3,015 3,191
3,148
3,159
2,892
3,067
2,981
Primary metals
do
3 156
1.479
1,392
1,807
1,815
1,469
1,679
1,838
1,512 1,570
1,605
1,649 r 1 615
Blast furnaces, steel mills
do
1 717
1,874
1,925
1,855
1,866
1,886
1,943
1,994
1,861
2,011 r I 967
1,913 1,910
Fabricated metal products
do
1 949
2, 565
2,475
2,497
2,530
2,610
2,615
2,487
2,582
2,652
2,737 r 2, 674 r 2 696
0 70Q
Machinery except electrical
do
2,433
2,461
2,531
2,370
2,365
2,430
2,463 r 2 505
2,385
2,369
2,432
2,479
Electrical machinery
do
'>' 590
4, 682
4,979
5,056
4,897
4,814
r 037
4,727
5,158
4,966
5 117 5,075 r 5 018
4 909
Transportation equipment
do
2, 997
3,182
3, 155
3, 284
3,143
3,093
3,362
3,331 r 3 3]0
3,234
3, 123
3,297
Motor vehicles and parts
do
'' 470
582
588
572
577
600
576
589
593
606
594
591
Instruments and related products
do
' R1 *}
r 606
16,686 16, 724 16,700 16, 895 16, 576 16, 735 16, 624 16, 732 17,545 17,533 17, 208 r!7 335 17 739
Nondurable goods industries, total 9
do
5,835
5, 816
5,916
5,731
5,820
5,870
5,749
5 961 6 193
6 247 6 049 r 6 131
6 169
Food and kindred products
do
r 387
393
375
374
377
384
401
379
379
353
365
Tobacco products
do
403
' 394
1,364
1,372
1,405
1,401
1,379
1,363
1,389
1,400
1 466 1 465 1 405 r 1 460
Textile mill products
do
1 465
1,323
1,395
1,347
1,336
1,328
1,379
1,373
1,366
1,415
Paper and allied products
do
1,362 r 1 363
1,368
1 405
2 578 2 640
2,515
2,611
2, 529
2,603
2, 579
2,578
2,576
2 703 2 735 r o' 746
Chemicals and allied products
do
2 894
1,482
1,462
1,477
1, 451
1,453 1,486
1,428
1,409
Petroleum and coal products
do
1,475
1,455
1 474 r i 44 p;
1 497
752
737
772
793
794
788
748
781
836
Rubber and plastics products
do
815
836
811
876
By market category:
2
3, 296 22 3, 313
3,287
3,436
3,478
3,201 3,207
3,329
3,407
Home goods and apparel
do
3 169
3 473
3 424
3 519 3,395 r3 387
7,278
7,337
7,146
2 7, 002 2 7 258
7,168
7,258
7,157
7,288
7 382
7 672
7 727
Consumer staples
do
7 686 7, 496 Tr 7 607
22 4, 167 2 4. 242
4,351
4,314
4,209
4, 168
4,167
4,381
4,376
Equipment and defense prod., excl. auto do
4,286
4,435
4 566 r 4, 483
4 554
4, 445
3, 140 2 3, 571
3,406
3,520
3,620
3,573
3,583
3,738
3,797
3,635
Automotive equipment
do
3 538
3 710 3, 728 rr 3 716 3 894
2 2, 770 2 2, 796
2,793
2,762
2,722
2,771
2,844
2,748
2,933
3,119
Construction materials and supplies
do
2,907
3,002
2,811
2 925
2, 967
2
12, 932 13, 594 13, 578 13, 818 13, 738 14, 013 13, 621 13, 485 13,613 13, 625 14 092 14,194 14,014 r!4 100 14 537
Other materials and supplies _
do
Supplementary market categories:
2
1, 336 2 1,380
1, 416
1, 372
1,385
1,414
1,360
1,417
1,368
1,468 7T 1 476
Consumer durables
do
1,356
1,454
1, 469
1 482
2
2, 091 2 2, 096
2, 353
2,021
2,029
2,034
2,179
2,181
2,133 2,167
2.132
Defense products^. _
do
2,169
2,231
2, 095
2,238
2
3,252
3, 095 2 3, 215
3,272
3,160
3,184
3,215 3,292
3,293
3,362
Machinery and equipment
do
3,258
3,428 r 3, 344 r 3 409 3 382
Inventories, end of year or month:f
3
57,419 359,738 58. 565 58, 939 58, 997 58. 568 58, 681 58, 837 59, 026 59 445 59 738 60 094 60, 486 rr 60, 618 60, 754
Book value (unadiusted), total
do
33 891 35 565 35 107 35 441 35 483 35, 187 35 301 35 370 35 300 35 359 35 565 35 875 36 173 r 36, 351 36, 576
Durable goods industries total
do
23, 528 24, 173 23, 458 23, 498 23, 514 23, 381 23, 380 23, 467 23, 726 24, 086 24 173 24,219 24,313 24, 267 24, 178
Nondurable goods industries, total _ do
3
57,753 3 60, 147 58, 309 58 507 58, 706 58, 884 58 917 59 087 59 322 59 780 60 147 59 991 60 108 >• 60, 283 60, 478
Book value (seasonallv adjusted), total
do
By industry group:
34, 326 36, 028 34, 787 34, 962 35, 156 35, 346 35, 507 35, 536 35. 581 35, 704 36, 028 35,955 35, 945 r r36, 036 36, 243
Durable goods industries, total?
do
1,492
1 502 1,506
1,495
1,544
1,551
Stone, clay, and glass products
do
1 491 1 535 1 551 1 517 1 535 1 544
1 539 1 535 1, 536
5,873
5, 854
5,873
5,914 ' 5, 929 5,935
5.857
5,918
5.831
5,828
5,861
Primary metals
___ __
_ do
5,903
5,849
5 918
5 908
3. 533 3,492
3,455
3,529
Blastfurnaces, steel mills
do__ _ 3,528
3,494
3,489
3,459
3,496
3,500
3, 532
3,533
3, 519 3.511 r 3, 518
3,861 3,999
3,855
3,927
3,933
3,876
Fabricated metal products _ _ _
do
3,879
3 913 3 917 3 999
3, 978
3,971
3,889
3 971 3, 965
Machinery, except electrical
do___
6,486
6,602
6,712
6,910
6,759
6,763
6, 931
6,578
6,627
6,839
6 926 6, 869 TT 6, 891
6,800
6 910
4,900
5,055
4,966
Electrical machinery
do
5 009
4 976
4 970
4 997
5 101
5 043 5 066 5 055
5 073 5 088 r 5 039
4 968
7,331
7,102
Transportation equipment _ _
do
6,799
7,013
7,237
7 272
7,451
7, 425
7 256
7 359
7 370 7 311
7 378
7 220
7 331
2,515
2,560
Motor vehicles and parts
_do _ _ 2,413
2,610
2,731
2,595
2,636
2,667
2,595
2,614
2, 663 ' 2, 702 2,718
2,669
2,610
1,468
Instruments and related products _do _ _ _ 1, 365
1,405 1.416
1,434
1.446
1.452 1.468
1.503
1,388 1,396
1.454
1.480
1. 525
I All
r
2
3
Revised.
* Advance estimate.
Based on data not seasonally adjusted.
Total
sign, refinement of industry reporting, expansion of industry groups published, and revision of
and components are end-of-year data.
J See note marked"!" on p. S-4 of Nov. 1963 SURVEY.
seasonal factors. In addition, data by market groupings are presented for the first time. Data
§ See note marked "f" on p. S-4.
cf See corresponding note on p. S-4.
for shipments and new orders not seasonally adjusted are adjusted for trading day variation.
*New series. Represents estimated total value of durable goods products directly exRevisions back to 1947 and a detailed description of the current revision appear in the Census
ported by durable goods manufacturers; data prior to Oct. 1962 are not available. t Revised
Bureau publication, "Manufacturers' Shipments, Inventories, and Orders: 1947-63 Reseries. Effective with the Dec. 1963 SURVEY, data reflect the following major changes: Introvised."
duction of the Annual Survey of Manufactures as the new benchmark, revision of sample de9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
1963
End of
year
June 10C4
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
GENERAL BUSINESS INDICATORS— Continued
MANUFACTURERS' SALESJNVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month — Continued t
Book value (seasonally adjusted)— Continued
By industry group— Continued
Durable goods industries — Continued
By stage of fabrication:
Materials and supplier 9
mil. $
Primary metals
do
Alachinerv (elec and nonelec.) _ do_
Transportation eQiiipment
do
Work in process 9
do
Primary metals
__do
Machinery (elec. and nonelec. ) _ _ - d o
Transportation equipment
do
10,571
2, 333
2,968
1,782
14,129
1,816
5,034
4,142
10, 879
2.259
3, 009
1,956
14, 857
1,901
5, 249
4, 467
10, 646
2,247
2, 978
1,922
14,349
1,863
5, 169
4, 154
10,679
2. 220
2, 999
1.902
14,602
1.873
5. 206
4,391
10, 766
2, 212
3, 028
1,943
14,629
1,877
5,199
4,422
10,810
2, 198
3. 083
1,873
14, 740
1.808
5, 232
4, 566
10,981
2.203
3,089
1 , 990
14,591
1,818
5, 223
4,414
10.917
2. 232
3, 001
2.012
14, 579
1 , 852
5, 172
4.468
10. 878
2. 251
2. 954
1,989
14, 639
1.845
5. 288
4, 386
10, 880
2, 256
2, 992
1. 960
14, 648
1, 882
5, 260
4. 363
10. 879
2. 259
3, 009
1.956
14. 857
1,901
5. 249
4. 467
10,821
2, 233
2, 989
1.958
14,828
1,895
5, 305
4, 402
10, 786 T 10, 801 10,763
2 ^3° ' 2, 240 2,240
2, 992 r 2, 973
2, 953 |
1,952 r 1, 967
1,953
14, 875 '14,987 15,099 !
1, 912
1,898
1,901
5, 351
5. 251 * 5, 253
4. 499 r 4, 539
4, 577
Finished "'oods 9
do
Primary metals
do
Machinery (elec. and nonelec.) _.._do
Transportation equipment
_ do
9,593
1,721
3, 381
824
10, 292
1. 758
3.707
908
9,758
1.716
3.466
833
9, 805
1,734
3. 492
839
P,847
1,749
3,510
847
P, 852
1.779
3,512
859
9, 949
1,742
3.575
869
10,040
1.765
3, 587
898
10, 064
1.765
3. 601
881
10, 176
1.765
3, 653
897
10. 292
1,758
3, 707
908
10,306
1,780
3, 705
912
10.284 '•10,248
1.784 T 1, 777
3.714 r 3. 704
'919
908
Nondurable goods industries, total 9 ---do
Food and kindred products
do
Tobacco products
do
Textile mill products
do
23, 427
6,080
2, 391
2,608
24,119
6, 028
2.314
2,886
23,522
5, 987
2,428
2,647
23, 545
5,961
2,404
2,667
23, 538
6.000
2. 362
2. 6£0
23.410
5, 917
2,341
2. 689
23, 551
5,979
2, 339
2, 668
23, 741
6. 057
2,317
2, 800
24, 076
6, 060
2,345
2,895
24.119
6, 028
2.314
2. 886
1,688
3,600
1,809
1,138
1,800
3,818
1, 736
1, 157
1,698
3,621
1,819
1,145
1,701
3,648
1,813
1,169
23,550
5,952
2,389
2,661
1,711
3,667
1,834
1,167
1. 725
3, 694
1,835
1,173
1,728
3,718
1,852
1.164
1,743
3,722
1,830
1,155
1.757
3,734
1, 788
1,159
1, 772
3, 769
1,795
1,167
1,800
3.818
1.736
1.157
24, 036
6, 052
2, 357
2,846
1,792
3, 872
1,775
1,125
°4 163 '24,247 °4 °35
6, 136 -6,195
6, 190
0
2,344
354
2, 374
2, 839 ' 2, 821 2 777
1,792 '1,797
1, 786
3. 894 ' 3, 902 3, 928
1, 786 r 1,801
1,766
1, 127 '1,129
1, 129
9,770
3. 304
10,246
9, 769
3,479
10, 871
8,805
3,389
10, 300
9,726
3, 389
10, 320
9,679
3.328
10,452
9,718
3, 354
10, 559
9. 694
3,364
10,648
9,660
3.347
10. 544
9.844
3,344
10, 553
9, 826
3, 428
10.822
9.769
3.479
10. 871
9,666
3, 452
10,918
9,661 ' 9, 632 9,485
3, 403 ' 3, 446 3,471
11,099 '11,169 11,279
do
do
5, 955
9, 515
11,828
3,001
5, 042
22,412
6. 389
9, 525
12, 363
3, 245
5, 290
23, 335
6, 047
9, 524
11,961
3,133
5, 042
22, 602
6, 084
9,501
11, 976
3,178
5, 073
22, 695
6, 083
9, 470
12, 042
3. 221
5,072
22, 818
6,005
9,525
12,149
3,248
5, 076
22. 881
6,040
9, 438
12, 172
3,331
5. 146
22, 790
6, 149
9,447
12, 249
3, 268
5, 099
22. 875
6,179
9, 502
12, 189
3, 258
5,135
23, 059
6,321
9,571
12, 277
3, 200
5,189
23, 222
6, 389
9, 525
12, 363
3 °45
5,290
23. 335
6, 24<>
9,597
12,303
3 '?41
5,311
23, 297
6,231 ' 6, 226
9.730 ' 9, 780
12, 288 '12,305
3 °99 ' 3, 347
5.296 ' 5, 290
23. 264 '23,335
do
-do
do
2.722
5, 343
8. 098
2, 955
5, 583
8,539
2, 769
5,493
8,211
2, 792
5, 519
8,213
2,804
5, 552
8, 245
2.797
5, (147
8.317
2, 855
5, 496
8, 365
2, 865
5, 571
8,343
2, 923
5, 490
8, 395
2, 923
5,502
8,485
2. 955
5,583
8,539
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products
By stage of fabrication:
do
do
do
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
Construction materials and supplies
Other materials and supplies
Supplementary market categories:
Consumer durables
Defense products
Machinery and equipment
New orders, net (not seas, adj.), totalf
do
35,289
35.833
32, 829
33, 779
36,217
36. 601
35, 174
34. 045
do
do
33, 167 i 35, 036
17,085 18, 300
16,082 16, 736
36,019
Durable goods industries, total
Nondurable goods industries total
19, 182
16, 837
18,845
16, 444
18,867
16,966
17,089
15,740
16,946
16,833
18, 502
17,715
18. 883
17,718
18. 140
17. 034
17.623
16, 422
do
333,167 335,036
35, 752
35, 438
34, 425
35, 207
34, 930
34,991
35, 354
34, 953
35, 619
17,085
2,718
1,400
1,848
2,364
2,285
4,484
1,342
18, 300
2, 959
1. 592
1,886
2, 574
2,410
4.970
1,398
19, 037
3,805
2,410
1,921
2,581
2,421
4,772
1,175
17,682
2,650
1,277
1,950
2, 524
2,437
4,698
1,151
18,244
2, 712
1,371
1,808
2, 608
2,263
5, 430
1,754
18, 622
3.013
1,590
1,910
2,669
2, 410
5,094
1,272
16,715
4,309
12, 406
16, 743
4,301
12,442
16, 870
4,490
12,380
16,747
4.495
12 252
16, 732
4,528
12, 204
18.113
2, 964
1, 529
1, 858
2, 617
2, 477
4,680
1.189
16, 840
4,635
12, 205
17.974
2,938
1.456
1,914
2,741
2,463
4.327
801
16, 736
4,411
12, 325
18,275
2,605
1,262
1,875
2,608
2,414
5,246
1.678
16,932
4,560
12, 372
18, 060
2, 486
1,198
1,950
2, 529
2,568
5, 005
1,484
16,082
4,124
11,957
18, 736
3,153
1,829
1,893
2,618
2,435
5,163
1,628
16,702
4,260
12, 442
3,273
7, 000
4,155
3,162
2, 767
12, 809
3,339
7,257
4, 368
3,578
2,803
13, 691
3,490
7,149
4,310
3,587
2,783
14, 433
3,456
7,145
4,509
3,481
2,795
14, 052
3,502
7,174
4,204
3,487
2,828
13, 230
3,438
7,263
4,304
3,646
2,919
13, 637
3,581
7 277
4] 592
3,484
2,917
13, 079
3,177
7,334
4,424
3,553
2,712
13, 791
3,199
7,298
4,069
3,806
2.938
14, 044
1,325
2,081
3,090
1,404
2,156
3,326
1,492
1,971
3,351
1,435
2,397
3,416
1,434
1,899
3,292
1,416
2,397
3,334
1,426
2, 357
3,307
1,312
2,466
3,415
Unfilled orders, end of year or month (unadjusted),
totalf
mil $
46, 242
49, 149
50, 190
50, 524
49, 836
49, 916
49, 945
Durable goods industries, total
do
Nondur. goods indust. with unfilled orders©-do
43. 666
2, 576
46, 193
2,956
47,452
2,738
47,655
2,869
46,929
2,907
47, 004
2,912
47, 086
2,859
46, 784
49, 796
50, 246
50,565
50, 052
49, 542
44, 094
3, 761
2,057
3, 944
6, 304
6.964
18,062
13, 570
46, 676
3,930
2, 120
4,062
7.027
7,114
19, 368
14, 446
47, 530
5, 126
3,329
4,132
6,560
7,040
19,448
14,778
47, 864
5,099
3,318
4,137
6,651
7,052
19, 693
14, 979
47, 285
4,737
2,960
4,204
6,628
7,053
19,507
14,913
46, 745
4,220
2,417
4,180
6,711
6,991
19, 430
14, 880
2,690
3,120
2,716
2,701
2,767
do
do
do
do
1, 736
24, 713
4, 868
15, 467
1,987
26, 197
4,986
16, 626
1,903
26, 401
4, 906
17,036
1, 926
26, 503
4, 916
17, 220
do
do
do
1,194
18, 148
9,828
1,407
18, 724
11, 186
1, 262
19, 441
10, 304
1,312
19, 597
10, 488
New orders net (seas adj ) total t
By industry group:
Durable goods industries, total 9
Primary metals
Blast furnaces, steel mills
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft and parts
Nondurable goods industries, total
Industries with unfilled orders©
Industries without unfilled orders^.
do
do
do
do
do
do
do
do
do
do
do
By market category:
Home goods and apparel
do
Consumer staples
do
Equip, and defense prod., excl". auto
_do
\utomotive equipment
do
Construction materials and supplies
-do
Other materials and supplies
do
Supplementary market categories:
Consumer durables
__do
Defense products
do
Machinery and equipment
__ __do_ _
Unfilled orders, end of year or month (seasonally
adjusted) totalt
mil $
B y industry gr oup :
Durable goods industries total 9
do
Primary metals
do
Blast furnaces, steel mills
do
Fabricated metal products
do
Machinery, except electrical ._
__do.
Electrical machinery
do
Transportation equipment
do
Aircraft and parts
do
Nondur. goods indust. withjunfilled orders ©.do
By market category:
Home goods apparel consumer staples
Equip, and defense prod., incl. auto
Construction materials and supplies
Other materials and supplies
Supplementary market categories:
Consumer durables
Defense products
Machinery and eauipment
6. 300
9,794
12,357
3 351
5, 343
23, 333
2. 931 '2,917
2,975
5, 465 ' 5, 457 5. 434
8, 524 ' 8, 550 8, 657
35, 010 ' 37, 539 '37,508 38, 422
1 8. 558 ' 19, 927 '19,951 20, 621
16, 452 17,612 '17,557 17,801
37,148 '36,657 '36,547 38, 081
:::;::
2,938
5,466
8,558
20, 416
3,617
2, 075
2, 085
2,896
2,505
5,619
1,632
17,645
4.835
12, 810
19,740 '19,499 '19,262
3,074 ' 3, 103
3,147
1,685 ' 1, 675
1,641
2,018 ' 2, 007
2,043
2,763 ' 2, 771
2, 808
2,574 ' 2, 547
2,687
5,179 ' 5, 164
5,433
1,537 ' 1, 421
1,730
17, 408 17, 158 '17,285
4,486 ' 4, 552
4,531
12,877 12, 672 '12,733
3,136
7,371
4,289
3,611
2,807
13, 739
3,503
7.682
4.133
3,475
2,723
14,103
3,444
7,700
4,991
3,728
2,967
14,318
3,455 r 3, 444
7,495 ' 7, 593
4, 607 ' 4, 495
3, 714 ' 3, 797
3,113 ' 2, 983
14, 273 ' 14, 235
3,409
7,719
4,833
4,043
3,043
15,034
1,379
1,922
3,441
1,387
1,968
3,273
1,514
1,476
3,612
1,420
2,673
3,617
50, 131
49, 902
49, 696
49, 149
50, 049
50, 760 '51,199
51, 633
47, 306
2,825
46, 999
2, 903
46, 684
3,012
46, 193
2,956
47, 154
2,895
47,863
2,897
48, 759
2,874
49, 552
49, 982
50, 140
50, 132
49, 796
50, 083
50, 586 '50,697
51, 686
46, 695
3,862
2,150
4,191
6,764
7, 122
19, 481
14,819
47, 070
3,822
2,102
4,124
6,780
7,062
19, 998
15, 199
47, 169
3,859
2,172
4,104
6,884
7,058
20, 060
15, 189
47, 076
3,930
2.193
4,059
6,933
7,111
19,869
14, 985
46, 676
3,930
2,120
4,062
7,027
7,114
19, 368
14, 446
47, 072
4,022
2,168
4,081
7,069
7,153
19, 724
14,723
47, 644 '47,805
4,169 ' 4, 082
2, 281 r 2, 203
4,099 ' 4, 190
7,072 ' 7, 169
7, 337 ' 7, 383
19, 805 '19,821
14,919 '14,990
48, 835
4,480
2, 525
4, 320
7, 302
7,341
20, 302
15, 325
2,797
2,857
2,912
2,971
3, 056
3, 120
3,011
1, 924
26 248
4,942
16, 938
1, 955
26, 075
5,027
16. 485
1,987
26, 484
5.133
15, 948
1,989
26, 664
5,116
16, 213
1,977
26, 483
5,111
16, 569
1,945
26, 502
5,017
16, 668
1.987
26, 197
4,986
16. 626
1,908
26, 534
4, 952
16,689
1,994 '2,061
2, 024
26, 598 '26,555 27, 044
4,967 ' 5, 044 5, 119
17,027 '17,037 17 499
1,318
19, 419
10, 482
1,325
19,347
10, 549
1,315
19,399
10, 650
1,254
19, 746
10, 754
1,313
19, 625
10,931
1,352
19, 429
10, 928
1,407
18. 724
11.186
1,338
19,062
11,326
1,408 '1,440
19, 365 '19,363
11,348 '11,442
r
l
2
Revised.
Monthly average.
Advance estimate.
'J Data for total and components (incl. market categories) are monthly averages based on new orders not seasonally adjusted,
t^ee corresponding note on p. S-5.
9 Includes data for items not shown separately.'
©Includes textile mill products, leather and products, paper and allied products,
10,381
1,794
3, 728
921
r
1, 520
2, 401
'3,413
2, 942
r
1, 505
'2,177
' 3, 455
48, 341
' 2, 858
' 2, 892
17, 665
4, 665
13, 000
1,484
2,401
3,553
—
—
—
.
—
—
—
2, 851
—
1, 410
19, 039
11,592
and printing and publishing industries; unfilled orders for other nondurable goods industries
are zero.
f For these industries (food and kindred products, tobacco products, apparel
and related product?, petroleum and coal products, chemicals and allied products, and rubber
and plastics products") sales are considered equal to new orders.
SURVEY OF CUREENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1963
Monthly
average
S-7
1963
Apr.
May
June
July
1964
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
May
Apr.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS <?
New incorporations (50 States and Dist. Col.):t
Unadjusted
number-- 15, 171
Seasonally adjusted
__do _INDUSTRIAL AND COMMERCIAL
FAILURES cf
Failures total
number _.
Manufacturing and mining
Retail trade
Wholesale trade
do
do
do
15, 534
16,347
15,305
16,894
15,682
15,060
15,536
15,959
15,431
15,277
16,093
13,824
15,689
16,808
16,275
12,975
15,759
15,472
15,867
18 825
16, 193
15 495
16, 086
r
!7 676
r
!6 064
17 365
16 242
1,315
1,198
1,287
1,303
1,211
1,155
1,135
1,051
1,262
1,115
998
1,217
1,241
1 320
1 197
112
225
215
629
134
114
200
201
557
126
116
212
189
620
150
111
217
241
595
139
120
158
206
591
136
101
180
173
590
111
108
210
187
522
108
113
189
167
467
115
133
207
217
578
127
129
198
186
479
123
91
198
176
433
100
109
201
205
570
132
109
204
211
572
145
131
210
212
625
142
101
201
216
554
125
86, 151 120, 509
7,614
9,559
11,925 31, 350
30, 552 45, 955
20, 697 26, 463
9,127
13, 418
65, 233
5,304
12, 394
18 748
19, 341
9,446
85 918
6,579
21 522
28 149
15 644
14, 024
91 834 262, 112
10, 758
4,171
12 9S1 20 325
32 777 197 942
23 603 26, 832
11,715 12, 842
68 427
3,764
13 935
22 662
16 849
11,217
54.5
59.4
59.6
55.1
thous. $_. 101, 133 112, 716 100,755 118, 274
7,831
7,425
4,960 14, 502
do
20, 295 19, 280 14, 434 19, 828
33, 333 46, 475 32, 286 33, 496
do
29, 143 24, 947 28, 847 39, 291
do
10, 531 14, 589 20,228 11, 157
do
Liabilities (current) total
Commercial service
Manufacturing and mining
Retail trade
-Wholesale trade
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns. _ '60.8
156.3
54.2
56.4
57.8
57.1
51.2
96 731 123 935 110 999 112 884
5,721
7 238 11 686 10 355
22 166 14 933 20 776 27 872
29 649 26 260 26 762 30 650
27 376 22 680 19 515 28 151
11,819 52 824 32 260 15 856
53.9
55.3
56.6
51.3
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products©
1910-14=100..
r244
'242
242
240
241
'243
242
'242
'242
'242
237
243
240
'239
236
235
do
do
do
do
do
'231
••243
'271
153
226
••237
'231
'271
164
224
'243
'230
'279
161
239
'245
'222
275
162
233
244
'246
'275
169
215
'237
'238
269
'170
205
'232
'194
271
168
206
232
189
276
171
213
'235
'205
278
162
223
241
'250
274
158
224
241
'254
264
164
226
243
'270
254
166
230
242
'286
249
164
229
'241
'275
259
166
215
'243
'230
267
168
225
248
235
271
168
218
do
do
do
do
••226
248
'157
530
279
258
157
'494
'305
254
'145
'500
'331
258
'155
500
'319
258
'149
'499
'277
256
'181
'496
'274
255
'200
'479
'264
253
'161
498
'279
264
140
'495
294
271
144
'490
'303
265
144
'478
'300
268
150
'488
'292
263
156
490
'293
260
167
490
'316
252
191
490
327
246
251
490
do
do
do
do
do __
255
253
310
145
'252
'245
'253
'290
'146
'269
'241
240
'289
'143
'278
'236
'235
286
134
'274
239
'231
'295
'134
'280
249
' 242
'308
'138
'275
'250
'251
303
'142
'260
'250
'262
'294
'149
'256
'248
'269
286
'148
'262
'243
'272
272
150
'265
234
'269
'260
'146
'270
242
265
274
154
274
'237
'260
269
147
281
237
'253
273
144
295
230
243
268
136
301
224
237
263
131
301
Prices paid:
All commodities and services
do _
Family living items
do
Production items
do _
All commodities and services, interest, taxes, and
wage rates (parity index) t
1910-14= 100__
280
294
270
283
298
273
283
297
273
283
297
273
283
298
272
284
299
273
283
298
273
283
297
273
282
297
272
282
298
271
282
298
270
283
298
273
283
299
271
283
298
272
283
300
272
282
300
270
307
312
312
'312
311
313
312
311
311
311
311
313
313
313
314
313
Parity ratio §|
do --
279
278
78
77
77
78
78
'78
78
'78
76
78
77
'76
75
75
1957-59=100-
105.4
106.7
106.2
106.2
106.6
107.1
107.1
107.1
107.2
107.4
107.6
3 107.6
* 107.7
3 107.6
107.6
3 107. 8
107.7
3 108. 0
107.8
_ do _ .
_ _ do
105.4
106.1
106.7
107.4
106.1
107.0
106.1
107.0
106.6
107.3
107.1
107.5
107.2
107.6
107.1
107.8
107.2
108.1
107.4
108.4
107.5
108.5
107.6
108.4
107.5
108.4
107.5
108.6
107.7
108.6
do
__do_-_
do
-do. _
do. -
103.2
103.6
101.8
102.1
115.2
104.1
104.9
102.1
101.5
116.6
103.6
104.2
101.8
101.1
115.4
103.5
104.2
101.8
101.1
115.7
104.0
104.8
102.0
101.2
117.7
104.6
105.5
102.1
100.5
118.1
104.6
105. 5
102.1
100.2
119.0
104.4
105.3
102.2
99.8
120.1
104.5
105. 2
102.7
103.1
120.0
104. 7
105. 4
103.1
103.2
121.0
104.9
105.6
103.0
102.1
120.3
104.9
105.7
102.9
102.3
119.6
104.8
105.6
102.9
102.2
119.0
104.8
105.6
102.9
101.8
119.6
104.9
105.6
102.9
101.6
120.9
do
do. -
102.8
110.9
103.5
113.0
103.1
112.5
103.0
112.6
103.3
112.9
103.5
113.1
103.6
113.3
103.7
113.5
104.2
113.7
104.5
113.9
104.5
114.1
104.3
114.2
104.1
114.3
104.3
114.5
104.3
114.8
do
do
do_ _
do
103.6
101.7
104. 1
105.0
105. 1
100.2
103.8
111.0
104.3
98.3
102.9
112.0
104.2
98.0
102.8
113.9
105.0
98.4
102.8
115.6
106.2
100.2
103.3
118.7
106.0
101.4
104.2
114.2
105.4
101.5
104.3
108.1
104.9
100.4
104.6
106.3
105.1
99.7
104.8
108.2
105.4
99.2
105.0
109.8
105.8
98.3
105.0
112.4
106.0
98.3
104.8
113.9
105.7
97.2
104.5
115.1
105. 7
97.0
104.1
115.7
Housing
- _..
do
Shelter 9*
_ ._
do
Rent . do
Homeownership*
_ do
Fuel and utilities*
do- _
Household furnishings and operation*
do
104.8
105.6
105.7
105.6
106.1
101.5
106.0
106.9
106.8
107.0
107.0
102.4
105.8
106.8
106.5
106.9
106.9
102.3
105.7
106.7
106.6
106.7
106.4
102.3
105.9
106.8
106.7
106.8
106.7
102.4
106.0
107.0
106.7
107.1
106.7
102.4
106.0
107. 0
106.8
107.1
106.4
102.5
106. 2
107.1
107.0
107.2
107.0
102.7
106.3
107.3
107.1
107.4
107.3
102.6
106.6
107.7
107.2
108.0
107.5
102.7
106.9
108.0
107. 3
108.4
107.6
102.9
106.9
108.1
107.3
108.5
107.7
102.7
106.9
108.3
107.5
108.8
106.8
102.7
107.1
108.4
107.5
108.9
107.3
102.8
107.0
108.2 — - 107.7
108.6
107.4
102.9
Apparel and upkeep*
Transportation
Private
Public - -
103.6
107.2
105.9
115.4
104.8
107.8
106. 4
116.9
104.4
107.0
105.5
116.5
104.3
107.4
106.0
116.5
104.5
107.4
106.1
116.6
104.5
107.8
106.4
116.6
104.7
108.3
106.9
117.1
105.4
107. 9
106.5
117.1
105.9
109.0
107.7
117.6
106.1
109.1
107.8
117.6
106.1
108.9
107.5
118.3
105.0
109.4
108.0
118.3
105.1
108.6
107.2
118.4
105. 3
108.9
107.4
118.3
105.6
109.0
107.6
118.4
111. 4
Health and recreation 9 *
do_ _
109.4
111.4
110.7
110. 7
117.2
114.2
Medical care _ _ ._
_
do_ .
116.4
117. 0
116. 7
Personal care
do
107.8
106.5
107.6
107. 8
107.9
Reading and recreation
do
110.9
109.6
111.5
111.0
110.7
r
2
Revised.
1 Based on unadjusted data.
A nnual d ata for 1961-63 fc r parity ratio
adjusted for government payments made directly t() farmers are as f allows (u nit as at>ove) :
83; 83; 81. Descriptive material and annual data b£ick to 19 33 appea r in the Dept. of Agriculture publication,
"Agricultural Prices," JanuaiT 1964.
3 "All items" index o n old
4
basis.
New series. Beginning Jan. 1964 the ii idex refl ects the followin g change s: (1)
updated weighting factors and price data base; (2) improve!nents in statistic al proceclures;
(3) a more comprehensive index, incl. single workers living a one, as A veil as fa milies of wage
earners and clerical worker^; (4) expansion of the ' market basket" from 32£ to 400 iterns;
and (5) increase in the sample of priced cities to 50 rnetropoli tan area s and cit ies in the U.S.
incl. Alaska and Hawaii. The new series has been linked 1 o the ol I series £is of Dec . 1963
to provide continuous series (see exceptions in no tes "V and "*" ). Mon) comple te information
and data are available from the Bureau c>f Labor Statistic s, U.S. I)ept. of Labor
(Washington, D.C., 20210).
111.7
117.3
108.0
111.5
Crops
Commercial vegetables
Cotton
_
Feed grains and hay
Food grains
-
Fruit
-Oil-bearing crops
Potatoes (incl dry edible beans)
Tobacco
Livestock and products
Dairy products
Meat animals
Poultry and eggs
•\Vool
--
CONSUMER PRICES
(U.S. Department of Labor Indexes)
All items
Special group indexes:
All items less shelter. _
All items less food
..
Commodities^
Nondurables. _
Durables1f9
New cars
Used cars
Commodities less food^
Services!
Food9
Meats, poultry, and
Dairy products
Fruits and vegetables
fish
do
do _ _ _
do
do .-
112.1
112.4
112.3
112.7
112.7
112.9
113.4
113.1
117.9
117. 7
117. 5
118.2
117.9
118.5
118.7
119.0
108.4
108.4
108.2
108.4
108.5
108.8
108.7
108.7
112.7
113.1
113.3
112.8
113.1
112.3
113.6
114.0
d"C ompiled by Dun & Bradstreet, In 3. (failur as data a re for 48 States arid Dist. Col.).
tRe vised begginning J an. 1963 (unadj. a nd seas. adj.) to incl. data for Dist rict of Cc)lumbia.
Seas. adj. data revised beginniu g Jan. 1()62 to reilect new seas, factors. R e visions for Jan.Dec. 1962, res pectivelj- , (seas. adj.) are as folio ws (num.ber):15,i599; 15,7,58; 15,67C ; 15,372;
15,245 14,947; 15,171; 15,056; 15,249; 14,*S92; 14,9£>1; 14,985
OR e vised beginning 1961 to
incorp>orate pr ice re vis ons for ] ndividu al comm odities ((jommerc ial veget ables re^rised beginniiig Jan. 1953 to re fleet revi sions in the basis for pric ng cauli ilower) ; revisions prior to
Apr. 1963 will be showii later,
JSeen ote mark ed "J" on p. S-7 of the F Bb. 1964 SURVEY.
§Ra tio of pr ces recei ved to p rices pai d (incl. i nterest, taxes, an d wage rates),
fData
begimling 1962 as show n here ar e not coniparable with "ol d series" data for merly ptiblished.
*New in dexes.
9liicl. data not sho\^n separa tely.
111. 8
117.4
108. 0
112.1
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
June 1964
1963
Apr.
May
June
July
1964
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
COMMODITY PRICES—Continued
WHOLESALE PRICESc?
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities
1957-59=100.9 Foodstuffs
do___
13 Raw industrials
do ___
All commodities
do „
By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc —do
Finished goods O
do
By durability of product:
Durable goods
do
Nondurable goods
do
i 93.0
89.8
95.4
100.6
193.5
92.9
93.9
100.3
93.0
90.9
94.5
99 7
95.1
95.0
95.2
100.0
93 5
92.9
93.9
100 3
93.8
93.4
94.2
100 6
92.6
90 3
94.2
100 4
93.0
91 4
94.1
100 3
95.8
95 1
96.3
100 5
95
93
97
100
7
4
3
7
95 0
91 1
97 7
100 3
95 5
91 5
98 5
101 0
94
88
98
100
4
9
5
5
94 3
87 9
98 9
1 nn 4
96
88
102
inn
97.1
100.2
101.7
95.0
100.5
101.4
95.0
99 9
100.8
94.2
100. 5
101. 1
94.8
100 6
101.5
96.1
100 6
101 8
95.7
100 5
101 4
94.8
100 5
101 5
94.8
100 9
101 6
95.1
101 0
101 8
92.6
101 1
101 4
95.1
101 3
102 1
94.0
101 2
101 6
94.3
100 9
101 5
94.2
i nn Q
101 3
101.0
100.1
101.0
99.6
100 6
99.0
100. 8
99.4
100 9
99.8
101 1
100 1
101 2
99 6
101 1
99 5
101 4
99 8
101 5
100 0
101 6
99 2
101 7
100 3
i ni ft
99 5
I AO A
-1 AQ 0
QQ 9
no A
100.8
101.3
100.1
100.6
101.3
99.8
100.0
100 9
99.0
100.4
101.1
99.5
100.8
101 2
100.2
101 0
101 5
100 4
100 8
101 5
100 0
100 7
101 4
99 9
100 9
101 7
100 2
100 9
101 8
100 1
100 9
101 1
inn Q
100 9
99 9
101 3
im Q
100 5
i oo o
QQ R
Farm products 9
-- - do
Fruits and vegetables, fresh and dried - do
Grains
do
Livestock and live poultry
do
97.7
97.7
98.8
96.2
95.7
96.1
101.9
88.8
95.4
99 6
105.1
88 2
94.4
99.8
102.9
86. 8
94.9
97 1
101.4
89 3
96
97
99
94
96
92
98
93
95
88
102
88
5
0
9
6
95 1
89 1
101 8
88 0
96 2
96 1
100 3
87 9
93 3
96 3
94 5
101 8
103 9
102 0
Foods, processed 9 - - - - - - do
Cereal and bakery products
do
Dairy products and ice cream
do
Fruits and vegetables, canned, frozen
do
Meats poultry, and
fish
_ _ _ _do
101.2
107.6
106.9
98.0
99.1
101.1
107.3
107.5
103.9
93.3
99 3
108 1
106 9
102.9
90 3
101. 7
107. 6
106.8
103.4
91.9
102.4
107 0
106.6
104.6
94.1
102 2
106 4
107 3
105.7
96 3
100 9
106 0
107 9
104.8
95 2
100 9
107 0
108 0
105.3
94 2
102 2
107 7
107 4
105.8
93 2
i nn A
I AO C
i nn Q
107 9
106.4
Q1 7
106.8
i ns n
107.2
107.4
107.5
88. 7
Commod. other than farm prod, and foods -do
100.8
100.7
100.4
100.5
100.7
100.8
100.8
100.7
100.9
100.9
101.2
101.3
101.2
101.1
97.5
96.3
96.0
76.3
101.9
103.8
96.3
94.8
95.1
80.3
99.9
103.8
96 3
95 0
95 1
77 7
102 3
103 7
96. 4
95. 0
95.2
78.6
102.3
103.0
96 3
95.0
95 2
80 6
100 8
103 0
96 0
94 7
95 1
81 4
99 8
103 0
96
94
95
81
96
103
0
6
0
7
9
9
96 0
94 *
94 Q
81 3
97 2
103 9
96 2
94 2
94 9
88 5
97 1
103 9
Qfi 3
Q4 9
96. 4
i n^ i
100.2
104.8
96.5
94.4
95.2
85.8
100.2
104.8
100.2
96.8
102.8
119.2
98.2
99.8
96.9
102.0
122 8
97.2
100.3
95 0
102.4
124 1
98.2
100.9
94 9
102.2
120 3
99.9
100.4
95 8
102.0
121 2
98.7
98.9
96 2
101. '9
120 9
96.1
99.0
97 2
101.87
98.8
97 7
101 '. 4
'97.0
101.3
95.9
95.6
93.8
98.8
94.0
103.8
86.1
94.2
98.1
91.8
104 6
82.8
92.3
98.1
92.1
104 4
84.2
92 7
100.4
94.2
102.2
120.1
99.1
98.0
92.0
104.4
83. 0
92. 7
98.1
91.9
104 5
83.4
92 5
98.0
91.7
104 5
81.5
91 9
98.1
91.7
104 6
81.5
91 9
98.1
91.4
104 8
81.9
91 9
98.1
91.2
104 8
81.9
98.1
91.2
104.5
108 2
85 8
102 5
98.3
99 2
104.3
108 4
83 5
102 2
101.6
102 1
103.6
108 4
80 5
100 1
102.6
102 7
103. 1
103.4
99.9
inn 7
99.2
102.0
111.0
109.6
97.7
99.3
102.1
110.9
110.0
97.2
99.5
100.1
93.1
99.0
99.4
102.2
110.9
110.1
97.2
99 3
100.3
93.1
99.1
99.6
102.3
111.2
110.4
97.4
99 9
100.9
93.1
99.9
99.9
99.2
99. 3
102.5
111.4
110.9
97.5
99 9
101.0
92.8
99.9
100.2
Total manufactures
Durable manufactures
Nondurable manufactures
do __
do
- _-do
Chemicals and allied products 9
Chemicals, industrial_
Drugs and Pharmaceuticals
Fats and oils, inedible
Fertilizer materials
Prepared paint
do
do
do
_
do
do
- -do
Fuel and related prod., and power9
do
Coal
_
do
Electric power
Jan. 1958=100—
Petroleum products, refined
1957-59=100—
Furniture, other household durables 9 _ . _ do
Appliances, household
do
Furniture, household
_ -do
Radio receivers and phonographs
do
Television receivers
_ _ __do_
8
0
5
4
3
5
5
5
m
Q1 ft
102 5
1 01 Q
0
Q7 Q
QQ 1
97.9
81.8
99.5
99.0
101.3
101.3
96.6
95.3
98.4
91.5
98.5
91.8
81.5
on Q
81.5
103.0
108.2
76.3
99.5
99.1
99.2
102.7
ins ^
102.5
102.6
111.9
111.2
97.7
102.5
112.1
111.8
96.9
99 8
102.5
112.5
111.8
96.9
101.7
92.0
100.2
101.4
101.8
91.8
100 2
101.7
101.1
103.5
101.2
106.1
99.8
103.1
93.7
91.3
99.3
98. 3
101.3
124. 8
96.1
98.0
91.1
104. 7
81.7
90.9
104.5
108 2
85 0
102 8
97.0
97 6
Machinery and motive prod. 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Motor vehicles -
do
do
do
do
do
102.3
109.5
107.8
98.4
100.8
102.2
111.1
109.6
97.4
100 0
101.9
110.9
108.8
97.0
100 2
104.8
108.2
87. 4
103. 2
97.5
98.4
102.0
110.9
109.2
97.5
99.8
do
do
do
100.0
93.2
99.3
99.2
100.1
92 9
99 1
99.1
99.4
92.9
98.5
98.2
99.9
93.0
99.3
98.7
100.0
93.3
99.0
98.7
102.1
110.9
109.7
97.2
99 8
100.0
93.3
99.0
99.0
101.5
103.8
102.2
105. 0
99.0
102.2
94.1
89.0
101.3
104.0
1C1.9
105.0
99. 1
102.2
93.2
89.1
101.2
104.0
101.9
105.0
99.4
102.2
93.1
89.1
100.9
103.5
101.2
105.0
99.0
102.2
93.0
89.1
101.0
103.6
101.2
105.8
99.1
102.2
93.7
91.2
101.1
103. 4
101.3
106.1
99.1
102.2
93.4
91.7
101.3
103.4
101.3
106.1
99.5
102.8
94.2
91.7
101.2
103.5
101.4
106.1
99.4
102.9
94.2
91.7
101.3
92.7
100.0
101.0
101.3
103.5
101.4
106. 1
99.4
102.9
93.8
91.4
100.1
101.3
100.1
93.8
150.9
100.8
100.2
101.6
99. 7
93.8
144.4
100.6
100.3
102.0
99 7
93.8
148 0
100 8
100.4
102.2
99.8
93.7
134.5
100.5
100.4
102.2
99.7
93.9
136.6
100.6
100.5
102.3
99.9
94.0
130.1
100.6
100.7
102.5
100.2
94.2
126.1
100.6
101.1
102.3
101.3
94.4
130.5
101.6
101.2
102.3
101.5
94.6
126.3
102.8
103.5
108. 2
82. 7
QQ Q
no q
1 AC (\
r
AO
7
i in^j
A
99.0
QQ 9
99.9
QQ ft
106.2
101.1
101.0
oo q
96. 7
95. 5
88. 1
100. 2
96.1
96.3
94. 9
101.3
116.1
92.2
98.5
91.7
105.0
81.5
90.9
98.6
'91.6
102.5
108.2
75.7
99.6
101.0
101. 4
104.5
104.7
101.8
in9 n
101.8
102.7
112.6
112.0
97.0
102.9
112.7
112.2
'97.7
99 9
103.3
112.7
112.3
97.7
101 1
123.2
92.9
7K 1
QQ ^
in7 i
' 107. 3
101.3
120. 4
91.1
81.5
98.7
91.6
105. 3
81.5
91. 2
85. 7
102.0
92.1
100 2
102. 8
r 102
r 92
r 100
r 104
2
1
2
0
102 1
92 1
100 3
103 9
101.2
103.8
101.0
108.6
99.9
103.1
93.6
91.3
101.1
103.9
100.7
108.6
99.3
103.5
93.9
91.3
101 3
104.5
100 6
108.6
99.1
r
103 6
'93.1
'89 2
101 3
104.5
100 8
108 6
98.6
103 7
92 6
88 0
101.2
102.3
101.3
94.7
121.6
103.2
101.2
102.3
101.2
95.1
116 8
103.3
101.2
102.3
101 1
95.5
116 6
103 3
101.1
102 3
r 100 5
95.5
116 4
103 2
101.0
102 4
99 6
95.9
116 4
102 9
107.1
100.7
105.6
109.5
100.5
107.3
100.7
105. 6
107.2
100.5
99 7
92 8
299 9
r
100.6
101.5
101.7
93.9
125.9
99.1
Tobacco prod, and bottled beverages 9 —do
Beverages, alcoholic.
do
Cigarettes
do_ __
Miscellaneous
do
Toys, sporting goods
_
_
do. _.
104.1
101.0
101.4
107.3
100.8
106.1
101.0
104.1
110.4
101.0
104.4
101.1
101.4
108.0
100.7
105.2
101.0
104.2
107.6
100.7
105.8
101.0
105.6
108 1
100.7
107.5
101.0
105.6
110.4
101.0
107.5
101.0
105.6
111.1
101.2
107.5
101.0
105. 6
111.8
101.1
107.5
100.9
105.6
111.2
101.1
107.5
100.9
105.6
110.9
101.0
107.5
101.0
105.6
112.2
101. 1
107.6
101.0
105.6
112.6
100.9
107.1
101.0
105. 6
110.9
100.9
107.1
100.7
105.6
109.8
101.1
99.4
94 9
99.7
93 7
100.3
94.2
100. 0
94 2
99 7
93 8
99.4
93 4
99.6
93 4
99.7
93 4
99.5
93 3
99.3
93 1
99.7
92.9
99.0
92 9
99.5
92.9
99.6
92 9
r 1 n^ Q
irxq q
QQ n
99.4
101 3
103.6
101 7
105 4
99.2
102 4
93 8
90 1
100.5
101.9
100.3
93.9
139.9
100.9
l
'Revised.
Figures are for the month of June.
2 indexes based on 1947-49=100
are as follows: Measured by—wholesale prices, 84.1 (May); consumer prices, 75.6 (Apr.).
94 4
00
101.8
103.5
102.6
105.0
100.0
102.6
93.3
87.1
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
-1957-59=100
Consumer prices
do
r
i nn A.
do
___do
do
do __
do
do
do— _
do
-do
do
do
do
do
do
Nonmetallic mineral products 9
Clay products, structural
Concrete products
Gypsum products
Pulp, paper, and allied products
Paper
Rubber and products _
Tires and tubes
Textile products and apparel 9—
Apparel
__
Cotton products
Manmade fiber textile products
Silk products
Wool products
A
99 4
89 ft
0
98. 4
104.2
108 3
84 0
101 9
98.6
98 9
_ _
Q1
on 9
107.4
108.6
106.2
108.5
96.5
96.5
_
AC
95.3
do
do- _
do
do_ _
do
do
Heating equipment _
Iron and steel
N on ferrous metals _
ft4 7
I AO
93.5
mi 9
1 07 3
Hides, skins, and leather products 9
Footwear
_
Hides and skins
Leather
Lumber and wood products
Lumber
QQ £
AC Q
1 no i
3
2
4
°.
2
cfFor actual wholesale prices of individual commodities, see respective commodities.
O Goods to users, including raw foods and fuels.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
June 1964
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
S-9
1964
1963
Apr.
May
June
July
Ausr.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
5,294
4, 582
4,265
r
3,780
2 143
1,734
3,278
1,805
1,452
3,084
1,656
1,315
' 3, 305 r 3, 640
3, 964
'r 1, 859 ' 2, 167 2 403
1, 477 r 1,619
1,749
4, 638
' 5, 152
5,694
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE f
mil.$_.
4,920
5, 231
4, 609
5,172
5, 795
5, 867
6, 050
5,989
6,097
5,758
Private total?
_
do _
Residential (nonfnrm) 9
do
New housing units
do
Additions and alterations
do
Nonresidential buildings, except farm and
public utilities, total 9
mil. $__
Industrinl
do
Commercial Q
__
do _ _
Stores, restaurants, and garages
do
Farm construction
_ _ do _ _
Public utilities
do
3,456
2,014
1, 553
3, 650
2, 143
1,672
3,324
1,986
1,458
3,685
2, 265
1,634
3,966
2, 485
1,825
4,054
2, 475
1,919
4,090
2,431
1,943
4,111
2 395
1,936
4,038
2, 348
1.909
0)
0)
(0
0)
0)
0)
4,073
2,395
1,932
0)
0)
(i)
C)
0)
885
230
932
239
1,018
253
1,079
268
1,117
283
1,118
293
1,125
302
1,096
306
1,041
304
1,020
300
1,005
292
364
388
374
158
101
409
165
107
412
203
115
220
119
232
113
220
109
211
104
191
100
162
96
158
94
417
461
Public total
Nonresidential buildings
Military facilities
_
TTighways
Other types
1,463
1,582
1,285
1,487
1,829
1,916
1,986
New construction (unadjusted), totalf
947
238
988
260
419
426
198
108
do
do
do
do
- do
183
105
426
106
513
418
848
229
361
145
96
461
0)
558
432
445
89
340
411
New construction (seasonally adjusted at annual
rates) total f
mil $ 259,036 2 62,775
_
_
_
-
Private total 9
do
Residential (n on farm)
do
Nonresidential buildings, except farm and
public utilities total 9
mil $
Industrial
do
Commercial 9
do
Stores, restaurants, and garages
do
Farm construction
_ do
Public utilities
do
Public total 9
_
Non residential buildings _
Military facilities
Highways
CONSTRUCTION
do
380
0)
395
457
119
471
440
518
150
699
462
443
413
1,813
482
172
673
486
474
428
1,960
495
0)
490
784
509
510
0)
742
501
0)
483
484
0)
427
437
419
316
293
161
95
'323
1,720
1,514
1,304
1,181
1,333
468
0)
676
433
0)
458
544
386
435
0)
361
392
418
464
0)
343
418
429
0)
272
378
0)
988
286
404
150
93
'366
1,037
289
' 1,512
' 524
0)
408
462
1,730
416
463
525
0)
821
491
0)
434
169
98
396
509
(*)
0)
0)
59,555
60,458
62,335
62,733
64,194
64,228
65, 888
66,106
65, 522
65, 641
65, 765 * 66, 756 ' 66, 691 66, 708
41, 478
43, 796
42,436
43,143
43,184
43,931
44,571
44,827
45, 608
45,750
45, 867
45, 61 0
46, 026 '46, 552 ' 46, 492 46, 562
24, 174
25, 711
24, 984
25, 646
25, 801
25, 888
25, 832
25. 919
26, 532
26, 927
26, 615
26,710
26, 984 r 27, 450
11,362
2,857
5,023
2,375
1,294
4,371
11, 860
3,118
5,110
2,196
1,258
4,657
11,181
2,810
4,890
2,136
1, 265
4,737
11 135
2,852
4, 775
2,033
1,261
4,805
11, 103
2,976
4, 589
1,810
1. 258
4,686
11 717
3,136
4, 953
2, 125
1,254
4,718
12 384
3,310
5,346
2,388
1, 250
4,741
12 738
3, 395
5,561
2,524
1,248
4,580
12 670
3, 461
5,412
2.392
1.243
4,849
12 752
3,538
5,367
2,255
1,242
4,555
12 883
3,577
5,412
2,252
1,241
4,852
12 760
3,469
5,400
2,250
1,241
4,647
12 865
3,472
5,448
2 221
1,237
4,648
17, 558
18, 979
17,119
17,315
19,151
18,802
19,623
19,401
20, 280
20, 356
19, 655
20, 031
19, 739 '20,204 '20,199
20, 146
5,115
1,269
6,156
5. 532
5,358
1 369
5,611
5,660
1,682
6,813
5,306
1, 909
6,331
5,436
5, 643
5,831
5,802
6, 051
5,781
6,208
r 6, 025
5,977
6,702
5,311
1,176
5,602
6,965
6,550
7 442
7,706
6,761
7,150
6,262
7,049
3,442
3120
1,133
2,309
3,824
3,983
4 851
4,402
4,125
4 061
3 707
4 313
3 749
3,413
3 346
3 201
4 215
1,229
2,594
1, 168
2,814
1 567
3,283
1,384
3,019
1,319
2,805
1 318
2,744
1 154
2 552
1 321
2 992
1 157
2, 592
1, 155
2,257
1 198
2 149
1 041
2 160
1 339
2 876
1,084
1,503
1,212
1,716
1,210
1, 986
1,452
2 061
1, 458
1,966
1,271
1,934
1,322
1 883
1 , 154
1 789
1, 331
2 0?8
1,082
1 519
1, 102
1,325
1 158
1 372
816
1,082
1 427
1 252
1 991
692
972
3,986
2,664
do
do
do
0)
(0
0)
(i)
(i)
(i)
(i)
(i)
r
13 001
3,492
5, 569
2,270
1,231
r 4, 569
27, 376
27, 342
12 945 13 045
3,505
3,593
5, 465
5,445
2, 215
2,176
1,228
1, 222
' 4, 605 4,603
' 6, 264
(i)
6 735
(i)
(i)
(i)
CONTRACTS
Construction contracts In 48 States (F. W. Dodge
Corp.): A
Valuation total
mil $
Index (mo. data seas, adj.)
1957-59=100
Public ownership
mil $
Private ownership
do
By type of building:
Nonresidential
-do
"Residential
do
Public works
_
do
Utilities
do
Heavy construction:
New advance planning (ENR)§
do
Concrete pavement awards:cf
Total
thous. sq. yds_.
Airports
__
do
Roads
do
Streets and allevs
do
133
125
144
135
126
132
128
146
144
148
147
143
659
196
683
212
1, 766
2,770
2,037
2,328
2,072
2,416
2,976
2,666
3,600
4,484
2,656
9,483
477
6, 217
2,789
10, 053
482
6,411
3,160
10,216
521
6,415
3,279
12, 343
742
7, 657
3,944
9,793
357
5, 649
3,788
13, 661
973
7,592
5,097
9,399
184
5 613
3,603
8,142
254
4 9f)g
2*920
13,033
189
8 139
4 706
8, 164
199
5 115
2,850
10, 389
176
8 177
2,037
124 .4
83.0
121.9
134,8
83.8
132.2
160.3
105.7
158.2
169.5
107.1
166.4
157.3
100.4
153.4
152.3
98.2
150.2
147. 9
95.8
144.4
147.3
92.9
145.3
166.1
1C2. 7
163.1
121.2
71.9
119.4
96.8
50.5
95.1
100.8
55.3
99 6
101.1
'63.7
100 3
122.4
87.7
119.9
132.5
94.8
130.0
157.5
111.2
155.4
166.3
116.3
163.2
155. 5
109 2
151.6
150.7
105.2
148.6
145. 5
100 4
142.0
144 1
103 7
142.1
162. 8
116.5
159.8
118.8
83 9
117.0
94.5
75 5
92.8
'99 5
£ 75 0
98.3
98 5
r 73 g
97 7
1,618
1,590
1,618
1 590
1,571
1 554
1,588
1 573
1 455
1 434
1 732
1 697
1 847
1 807
1 564
1 533
1 564
1 518
1 718
1 688
1,264
1,329
1,363
1,308
1,262
1,372
1,412
1,369
1,426
1,314
635
152
952
385
812
167
742
178
675
182
662
102
748
206
704
444
629
356 I
6, 577
4
10,891
256
8 464
2 095
4 359
138
1 318
3 042
140
< 6, 820 * 9, 057
225
836
6 956
5 159
1 046
l' 197
1 420
2 006
933
3 165
4
3 190
12, 997 410,831
611
240
9 ggi
7 714
2 402
2 716
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total, incl. farm (public and private). __thous_.
One-family structures
do
Privately owned
do
Total nonfarm (public and private)
In metropolitan areas
Privately owned
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only)
do
do
do_ .
do
do
New private housing units authorized by bldg. permits (12,000 permit-issuing places):*
Seasonally adjusted at annual rates:
Total
thous-One-family structures
do
2
1,229
2
756
2
1,327
2
746
779
753
771
735
726
771
756
736
699
710
133.4
83.4
130 2
151 1
131 6
96 7
128 4
151 0
103 3
148 0
1 657
1 613
1 665
1 640
1 558
1 526
1,405
1,384
1,249
705
792
r
772
154.1
CONSTRUCTION COST INDEXES
Department of Commerce composite!
108
107
109
109
109
1957-59=100American Appraisal Co., The:
Average, 30 cities__
_
1913=100...
772
780
756
775
778
Atlanta
do
832
852
857
852
852
New York _
do
849
836
858
849
851
San Francisco. _
do
745
720
761
746
762
741
754
St. Louis
_ do
760
754
754
Associated General Contractors (building only)
111
114
113
114
1957-59=100..
114
r
l
2
Revised.
Not yet available; estimate [included in total.
Annual total (also for
3
breakdown of new construction value).
Computed from cumulative valuation total.
4
Includes yardage reported as "miscellaneous."
« Effective Jan. 1964, based on 1963 definitions of metropolitan areas; not strictly comparable with earlier data.
jReviscd series. Revisions back to 1959 are shown in Construction Report C30-53 (Supplement); data back to Jan. 1950 will be available in a later Supplement (Bu. of the Census).
9 Includes data not shown separately.
AMonthly averages for 1962 are based on annual
totals including revisions not distributed by months.
110
110
110
110
110
111
111
111
111
111
782
786
788
790
791
792
792
793
793
111
856
851
770
754
862
867
774
762
862
869
775
762
863
872
778
765
863
872
778
774
863
874
778
776
863
884
778
779
870
884
780
779
870
884
780
779
794
870
884
780 __ _ —
777
115
115
115
116
116
116
117
117
117
117
118
§Data for May, Aug., and Oct. 1963 and Jan. and Apr. 1964 are for 5 weeks; other months,
4 weeks. Comparable data prior to 1961 not available.
cfData for Apr., July, Oct., and Dec. 1963 and Mar. 1964 are for 5 weeks; other months,
4 weeks.
* New series (from Bu. of Census reports, Series C-20). The 12,000 permit-issuing places
covered by these data account for a major portion (about 83 percent) of private residential
building in the United States (1959-63 data for 10,000 places are also provided in Series C-20
reports).
{Revised to 1957-59 reference base; also reflects revision of basic data.
June ItHM
SURVEY OF CURRENT BUSINESS
S-10
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
coverage
1963
Apr.
May
June
A up: .
July
1964
Sept.
Oct.
Xov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
CONSTRUCTION AND REAL ESTATE- Continued
CONSTRUCTION COST INDEXES— Con.
E. IT. Boeckli and Associates, Inc. :1
Average, 20 cities:
All type s combined
1957-59 = 100_ _
A.pirtments hotels office buildings
do._ _
Commercial and factory buildings
_ _ d o __
Residences
do_ _-
107.8
108.8
107.8
106.3
Engineering News-Record:
Building
1957-59 = 100- . 110.1
114.7
Construction
-do
Bu. of Public Roads— Highway construction:
2 98. 0
CONSTRUCTION
Output index:
omposiu , u i GJUS
110. 2
111.3
HO. 2
108. o
109.1
110.2
109. 1
107.4
109. 7
110.9
109.7
108.0
110.3
111.4
110. 3
108. 5
110.7
111.8
110.7
108.8
110.8
112.0
110.8
109.1
111.2
112.3
111.2
109. 6
111.3
112.4
111.2
109. 7
111.4
112.5
111.4
109.8
111.5
112.6
111.5
109. 9
111.9
113. 0
111.9
110.2
111.9
113.1
111.9
110.3
111.9
113.1
111.9
110.3
112.3
113.4
112.3
110.7
112. 7
118. 5
111.2
116.4
111.6
117. 7
112.0
118.3
113.1
119.6
114.2
120.3
114.2
120.2
114.6
120.5
114.3
120.2
114. 4
120.4
114.6
120.5
114.6
120.8
115.0
121.1
115.3
121. 6
i 1 1 ~\ 6
' 1 22. 0
103.4
101. 7
99.6
2101.0
10? o
MATERIALS
v
134.5
142.9
150. 1
147.7
162. 6
151.7
151.5
141.6
151.1
156. 9
161.7
147.0
152. 4
1.46. 2
163.8
144.7
135.8
142.4
122.2
142.3
127. 3
136.4
131.6
134.6
167.6
140 .7
140.5
176. 1
158. 5
144.7
175.4
172.2
153.8
206.4
162. 0
133.7
209. 3
162.1
128.0
220.1
165.8
149. 2
224.0
147.2
147.4
207. 5
154. 9
160.7
219.1
126.0
137.6
181.7
113.3
130.2
143. 5
' 118.4
142.6
113.2
122 7
142.' 3
118.0
18.4
15. 8
14.3
11.6
24.9
251
12.2
16.1
160
15.7
152
17.5
195
11.8
123
17.1
182
11.9
122
16.4
172
13.3
133
14.8
173
11.3
140
15.0
176
11.2
140
11.4
190
8.3
145
10.3
183
9.1
11.5
178
9. 1
138
14.4
193
9.4
135
19.0
190
11.3
124
18.7
190
11.1
111
15.8
173
9.5
99
439. 24
221.01
464. 09
253. 76
392. 31
244. 64
415.17
259. 56
419.35
225. 60
511.16
265. 14
507. 76
278. 14
505.00
267. 35
567. 53
316. 01
444. 50
258. 21
486. 68
255. 35
543. 00
267. 77
439 .85
201 .31
483. 39
208. 70
483. 67
206. 20
456. 89
3
3. 479
3 4, 784
2, 635
2,740
3,270
3,548
3, 758
4, 024
4. 226
4,290
4,784
4.414
4,216
4. 168
4,444
1.730
2, 061
2, 058
2, 199
2, 242
2,341
2. 428
2. 196
2. 387
1,856
2.118
1,716
1.712
' 2 071
2 066
498
710
521
586
827
648
622
760
676
651
854
694
638
936
668
619
1,003
719
623
1,071
734
642
928
626
685
977
725
502
757
597
620
776
722
434
696
586
474
674
564
-621
'784
'666
2,849
7,204
3,077
8,183
3, 065
8,758
3, 233
8,814
3,177
8 059
3. 515
8.347
3, 525
8,463
3.177
7,898
3,534
8 461
2,880
7 959
2, 987
7 931
2,758
105. 42
117. 13
141.22
121.20
106. 68
100. 93
113.73
98.35
109.52
94.91
113.12
139. 33
118. 85
126. 45
120
112
126
123
108
128
102
79
78
151
103
87
84
160
73 0
3.3
q i
1 8
80
10. 9
86 ""
6 7
q 8
'' 3
q j
12. 8
3 3
3.6
3.1
.9
3.1
4 ''
5. 6
3.4
1.0
2.8
• '
Iron and steel products, unadjusted
Lumber and wood products, unadj
do
do
REAL ESTATE
Mortgage applications for new home construction :
Applications for FTTA commitments
thous. units. _
Reouests for VA appraisals
Seasonally adjusted annual rate
do
do
Home mortgages insured or guaranteed by —
Fed Hous Adm • Face amount
mil. $
Vet Adm * Face amount§
do
Federal Home Loan Banks, outstanding advances
New mortgage loan s of all savings and loan associaBy purpose of loan :
Home construction
-
All other purposes
__do
- do
New nonfarm mortgages recorded ($20,000 and
under), estimated total
mil. $__
Nonfarm foreclosures
number—
-r ire losses (.on n a g .,
-, < •/
581 i
823
662
124. 93
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas. adj.:J
Combined in-lex
1957-59=100..
Bu^iness papers
do. ..
Magazines
do._.
Newspapers
Outdoor
Radio (network).-Television (network)
Television advertising:
Network (major national networks) :
Gross time costs, total
Automotive, inch accessories
Drugs and toiletries
Foods, s oft drinks, confectionery
Soaps, cleansers, etc
Smoking materials
do
do
do
do
113
108
119
118
112
127
119
112
124
118
108
123
118
110
129
120
114
132
119
109
127
124
115
131
119
113
127
114
113
131
194
102
96
88
95
144
96
99
100
149
98
90
95
149
94
87
96
144
98
88
102
143
97
81
118
147
103
79
106
151
95
101
10 1
142
90
83
86
125
106
88
75
118
mil. $.. 2 199. 7 2 208. 2
2 14. 6
-do
213.1
do
263.3 2 69. 6
do
239.5 -' 39. 9
_ . d o _ _.
do
2 20. 9
2 22. 2
Spot (natl. and regional, cooperating stations):
Gross time costs, total
.
mil. $_. 2 180. 3
Automotive, incl. accessories
do
25.9
236.1
Drugs and toiletries
do._Foods , s oft drinks, confectionery
do. - - 2 60.4
Soaps, cleansers, etc
Smoking materials
do
do
200.8
13.3
67.9
39.1
220.8
16.3
72.3
43.0
2 21. 9
22 23.9
38. 4
22. 0
23. 0
42.3
22.6
24.2
33. 8
21 6
25.0
42. 6
2 217. 8
223. 1
9. 1
39.0
72. 4
185. 3
7.6
34.9
60. 2
242 9
8 4
48.7
82.3
25. 7
11.2
65. 6
22. 4
8.6
51. 5
20.3
10.1
73. 1
2
2
28.1
42. 8
73. 0
222.9
2 9. 7
Magazine advertising (general and natl. farm magazines) :
Cost, total .
-_
mil.$__
Apparel and accessories
do
Automotive, incl. accessories
do.__
Building materials. __
_..do -Drugs and toiletries _ _
do
Foods, soft drinks, confectionery
do
73.0
4.6
7.9
2.3
7.1
10.6
77.6
4.8
8.5
2. 2
8.0
10. 4
90.6
6.9
10.4
3.7
8.4
10.7
89 7
6.1
10.3
3 2
7.9
10 .4
74 8
2.7
7.3
2.6
8.7
10.2
57 0
.9
4 7
1 5
7 1
9.0
Beer, wine, liquors.
do_ _ Household equip., supplies, furnishings _ _ d o
Industrial materials,.
do
Soaps, cl eansers, etc
do
Smoking materials
do
4.5
4.9
3.7
.8
2.8
4. 7
5.5
3.7
1.0
3.0
4.3
7.5
4.4
1.5
2.7
5 2
8.7
4.6
1.5
3.1
5.1
5.7
4.0
1.0
3.4
4 ?
4.2
3.0
r
2
Revised.
i Index as of June 1, 1964: Building,
116.2; construction, 122.(
3
Annual average based on quarterly data.
End of year.
1 Copyrighted data; see last paragra'ph of headnote, p. S-l.
85
106
146
207. 2
13.9
67.8
38.3
2 7.4
221.1
117
134
2.8
54 5
5.1
38
14
6 4
7.8
0
9
2.8
3.0
.7
82 1
9.1
6 1
30
8 0
8.9
4 2
5.8
4.5
1.0
3.0
77 2
3.9
5 9
15
9 9
11.0
54 0
' -2.0
9 9
12. 4
103 9
5.7
19 7
1 8
10 8
13.6
5 5
8.4
5.1
1.4
3.3
6 9
7.7
5.5
1.4
3.9
88
4.4
2.8
.4
3.8
1 7
2.7
1.8
99 6
7.0
14 8
9 9
7 0
q
69
9.0
2.4
Q'J
0
7. 5
10 6
o c
u c
11. S
9 Includes data for items not shown separately.
§ Data include guaranteed direct loans sold; these became sizable after 1962
i Re visions for Tan. and Feb. 1963 are available upon request.
4 5
7.1
4.9
2.1
2.7
SURVEY OF CURRENT BUSINESS
Jnne 1004
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
S-ll
1963
Monthly
average
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities) :
Total
mil . lines
Classified _
_
_..do
Display total
Automotive
Financial . _
General
Retail
-
60. 5
238. 0
62. 5
241. 1
63.7
268. 7
69. 7
243. 1
67.5
212.5
63. 6
231.1
66.8
246. 7
65.0
267.7
65.9
258. 4
61.8
260. 6
53. 8
210. 6
59. 8
210. 4
60.9
248.0
66. 3
0(55 i
68.6
172.7
12.4
4.8
25.1
130.3
175.6
12. 5
4.9
23.8
134. 3
177.4
15.3
4.9
25.6
131.6
199.0
16.3
4.3
29.3
149.1
1 75. 6
14.1
4.9
25. 5
131.0
148. 9
11.6
5.5
19.2
112.6
164. 3
11.2
3.7
18.7
130.7
181.7
12.7
4.7
26.2
138. 1
201.8
16.0
5. 5
28.9
151.4
196. 6
13.0
4.7
25. 8
153. 1
206. 7
8.7
5.3
24. 0
168.8
150. 8
10. 6
6.8
18.2
115.2
149. 5
12.1
4.2
20.8
112.3
181.7
12.7
5.4
25.4
138.2
196.5
15.7
5.6
28.8
146. 4
mil. $.. 19,613
do
do
do
do
do
233. 2
RETAIL TRADE
All retail stores:
Estimated sales (unad].), total
20, 536
20, 518
21, 228
20, 737
20, 540
21,018
19. 267
21,528
21, 494
25, 104
19, 154
Durable goods stores?
Automotive group
Passenger car, other auto, dealers
Tire battery, accessory dealers
do
do
do
do
6, 245
3, 566
3.344
222
6 675
3, 830
3, 600
230
6 98?
4,262
4, 033
229
7,239
4,301
4,060
241
7,044
6, 556
3, 529
3,288
241
5. 999
2.990
2.779
211
7, 599
4,387
4,148
239
6, 985
7,208
4, 126
3. 865
261
6,976
4,003
3, 746
257
3,949
3, 690
3,712
237
3,377
313
(>, 031
3, 677
3,488
189
6,122
' 3, 684
' 3, 505
179
Furniture and appliance group
Furniture, homefurnishlngs stores
Household appliance, TV, radio
do
do
do
901
583
318
968
622
346
854
574
280
934
612
322
933
599
334
965
608
357
992
651
341
980
647
333
1, 095
719
376
1, 077
703
374
1,333
790
543
905
584
321
'920
'600
'320
Lumber, building, hardware eroup
Lumber, bldg. materials dealers cf
Hardware stores
_
- -
do _
do
_ do
947
728
219
964
743
221
977
7-48
229
1,068
828
240
1, 050
819
231
1,100
'876
224
1, 138
911
227
1, 055
842
213
1, 119
897
222
1,002
771
231
918
610
308
712
536
176
709
542
167
13,367
do
1,195
do
228
do _
456
do
301
do____
209
do
13, 861
1, 205
232
466
300
207
13,536
1,268
224
482
303
259
13, 989
1, 163
218
460
275
210
13, 693
1,127
239
421
265
202
13, 564
1,010
200
390
241
179
14,462
1, 167
209
446
300
212
13. 268
1. 161
203
448
296
214
13,929
1,191
218
472
304
197
14, 509
1,308
254
509
343
202
17, 896
2, 172
471
834
572
295
13, 123
1,026
208
407
234
177
669
1, 442
4,801
4,344
1,554
681
1,506
4,929
4,463
1,614
652
1. 463
4^677
4, 223
1,574
676
1 , 562
5,066
4.578
1,626
664
1,592
4, 957
660
1,646
5, 003
4, 502
1, 712
680
1,698
5, 318
4, 828
1,730
647
1, 526
4,684
4,238
1,599
667
1, 556
4,910
4,449
1, 649
666
1, 486
5, 153
906
1,533
5,194
4,689
4,679
1, 625
1,713
671
1,436
5,018
4, 558
1, 566
656
1,386
4, 849
4, 395
' 1,480
2,267
1,320
163
371
450
2,388
1,390
177
385
472
2,299
1, 323
163
384
429
2,278
1,325
160
361
458
1,340
141
357
450
2,108
1,212
148
341
474
2,444
1,408
183
390
489
2.275
1,340
172
354
437
2,417
1.404
197
378
466
2, 728
1,590
248
414
510
4,399
2, 625
307
793
724
1,872
1, 094
140
289
433
1, 875
1,069
146
313
427
do
20, 276
20, 200
20, 486
20, 719
20, 666
20, 426
20,716
20, 558
21, 019
21, 000
--do
do
do
do
6, 646
3,824
3,602
222
6, 512
3,740
3, 515
225
6, 630
3, 843
3, 607
236
6,773
3, 940
3, 709
231
6, 562
3,733
3, 512
221
6, 606
3,717
3, 495
222
6,941
3,980
3, 748
232
6, 734
3,791
6,831
235
3, 685
250
6, 855
3, 951
3.711
240
Furniture and appliance group
do__
Furniture, homefurnishings stores
do
Household appliance, TV, radio
- do_ .
945
617
328
938
598
340
935
611
324
979
613
366
939
611
328
985
648
337
1,028
666
362
986
640
346
1,021
637
384
1,019
671
348
Lumber, building, hardware group __ do
Lumber bldg materials dealers cf
do
Hardware stores
_ __
- do
957
736
221
940
738
202
962
750
212
958
746
212
992
771
221
975
761
214
986
764
222
994
754
240
952
716
236
949
730
219
do
do
do
do __
do
do
13, 630
1,166
233
443
287
203
13, 688
1. 156
221
447
285
203
13, 856
1,179
222
471
287
199
13, 946
1,214
239
475
298
202
14, 104
1, 259
247
480
323
209
13, 820
1,204
238
465
303
198
13,775
1,150
217
451
286
196
13, 824
1,186
224
463
294
205
14, 188
1,250
239
482
307
2'>9
14, 145
1, 250
231
497
302
220
do_ _
do
do
do
do
677
1,518
4,864
4,400
1,594
678
1,504
4.890
4,414
1,581
4,923
4.456
674
1, 511
685
1,519
4, 996
4, 527
1,612
688
1,470
4,897
4,441
1, 605
683
1,530
4. 943
4,484
1,618
4,973
677
1, 506
694
1, 528
4, 991
1, 584
674
1,497
5, 030
4,540l>
1 60
4, 512
1, 638
4,523
694
1, 580
5, 031
4, 548
1,638
2, 301
1,330
171
377
471
2,322
1,353
163
380
469
2, 409
1,414
174
389
475
2, 415
1,403
185
385
481
2, 475
1,452
189
387
476
2, 390
1,386
181
386
466
2. 303
1, 321
173
390
478
2, 355
1. 355
183
381
473
2,474
27, 575
11, 105
4, 281
1,888
2,313
27, 894
10,880
4, 098
1,904
2, 299
29, 134
11,400
4,488
1,968
2,273
29, 989
11, 910
4, 846
1, 999
2, 283
27, 826
Nondurable goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
do__
_do
do
do
_ do
General merchandise grouD 9
do
Department stores
do
Mail order houses (dept. store mdse.) -do
Variety stores
do
Liquor stores
do
.Estimated sales (seas adj.), total? _ .
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tire battery accessory dealers
Nondurable goods stores 9
Apparel group
Men's and boys' wear stores,
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores
bating and drinking places
Food group
Grocer v stores
Gasoline service stations
::::::.:
General merchandise group 9
do
Dei)artment stores
do
Mail order houses (dept. store mdse. ). do
Variety stores
do
Liquor stores
do
4,483
1, 659
2,266
3,556
3,935
1, 681
1,457
184
397
483
'
'
'
'
i 696
' 657
1,534
1 , 629
4, 928 5. 278
4, 433 4.743
1. 631 1,742
' 2. 303 ' 2. 322
' 1, 336 ' 1.363
178
179
'389
365
'434
434
7,262
' 6. 939 ' 7. 014
4, 020
3.784
236
' 4, 162 ' 3. 894
' 3, 925 ' 3. 646
237
'248
r
1,073
r
707
r
366
1,007
779
228
' 1,088
'711
'377
' 936
'727
' 209
14,271 '14.324 '14,385 1 14, 664
-1,291 ' 1, 228 1.272
' 246
'233
239
r
505
'477
.508
'326
'292
307
'214
'226
218
16, 366 '16,816 17,058
3, 609
3, 710
3, 757
3, (539
3. 697
3, 692
4, 688 ' 4, 890 5, 028
2, 463
2, 572
2, 630
28,972 '28, 985
12,103 '12,236
5, 285 ' 5, 430
1,902 ' 1,916
2, 331
2. 335
2,362
16, 557
3, 576
3, 571
4, 994
2, 535
16, 453
3, 542
3, 58]
4, 953
2, 515
16, 145
3, 396
3, 656
4,771
2, 392
16, 120
3, 399
3, 546
4,772
2,414
16,470
3, 629
3, 486
4, 959
2,518
17,014
3, 858
3, 530
5, 255
2,704
17, 734
4. 006
3. 660
5, 62-S
2,953
18, 079
4, 044
3, 700
5, 753
3, 036
16. 104
3, 477
3, 546
2, 395
16,016
3, 443
3, 549
4,618
2,416
27, 938 28, 691 28, 061 28, 062 28, 124
Book value (seas, adj.), total
do
11,728 11,965 11,622 11,584 11, 614
Durable goods stores 9
do
4, 861
Automotive group
do
5, 224
4, 897
4, 869
4, 869
1,899
Furniture and appliance group
do
1,894
1,855
1,842
1,859
2,349
Lumber, building, hardware group- -do
2, 314
2,324
2,327
2,318
r
Revised.
i Advance estimate.
9 Includes lata not shown separate] y.
d*(Doniprises lumber yards, building materials dealers, and paint, p umbing and ele( trical stc>res.
^Revised (back to Jan. 1953) to reflect use of ne\v season }• il factors and nev\r adjustn icnts
for trading day differences.
Revisions for period s not shown her e appeal• in the July
1963 Census report, "Monthly Retail Trade Report , Adjust ed Sales, Supple inent."
28, 259
11, 673
4, 922
1,862
2, 299
28, 148
11,604
4, 810
1, 892
2,318
28, 147
11,605
4, 890
1, 874
2,322
28. 357
11,664
4! 959
1. 896
2, 301
28, 651
11, 856
5,101
1,904
2, 320
28, 691
1 1, 965
5, 224
1, 894
2,314
29,047
12, 109
5, 281
1.892
2, 330
7, 030
906
700
206
29,819
16. 104
3, 477
3, 546
4.629
2, 395
1
1. 104
705
399
28,709 '29,512
12,343 ' 12, 696
5. 729 ' 5,919
1,839 ' 1,903
2, 291
2, 393
15, 599
3, 405
3, 395
4,495
2, 266
2. 506
1,433
21,533 '21, 263 '21.399 121,694
28,034
12,018
5, 439
1,824
2, 248
27, 957
11, 837
5,129
1,840
2, 322
680
' 1 , 485
' 4, 929
' 4, 444
' 1,585
2. 529
1.464
192
427
473
28, 041
11, 896
5, 147
1,852
4,629
r
' 2, 489
' 1,467
188
'404
'491
28, 439
11,986
5, 249
1, 846
2, 404
do
do
_do
do
do
12,636 '13,799 '13, 822 114,936
''927 '1,283 ' 1, 140 1 1,330
r
176
r 206
202
'375
' 502
467
'220
261
'309
r
156
' 266
210
2, 592
1,538
197
408
482
2, 481
1,464
181
410
471
i 1,033
932
714
218
'798
'616
' 182
681
1.586
5, 097
4, 595
1, 688
28, 637
12,080
5, 318
1,870
2,415
Nondurable goods stores 9
Apparel group
Food group
General merchandise group
Department stores*
'973 ' 1,011
' 638
666
345
'335
702
' 1.584
' 5, 152
' 4. 645
' 1,629
27, 826
11, 722
5. 146
1,858
2. 231
5, 146
1, 858
2, 231
' 6, 741 ' 7, 361 i 7. 503
' 4. 058 ' 4, 446 i 4, 495
' 3, 847 4. 210
'211
236
666
1, 593
4,991
4,513
' 1,641
Estimated inventories, end of year or month:f
Book value (unadjusted), total
mil. $.. 27, 071
11,472
Durable goods stores 9
do
4,778
Automotive group.. _
do
1,861
Furniture and appliance group
do
2, 264
Lumber, building, hardware group ._ do
11,722
18,758 '20, 540 '21. 183 i 22, 439
r
12, 761
5. 895
1 . 938
2,419
29 222
12, 308
5, 458
1,925
2, 330
tRe pised ser es.
R e vised tc) take ac count of the late-s t (1962) Annual
t f Retail
Trade benchm ark data and to i eflect ne w season al factors begirming 1956. Survey
Data for carlier pe riods app ear on pj ). 16-19o [the Dec 1963 SnIV EY.
*Nc w series; for earlier periods back to Dec. 195 6 see p. 32 of the \pr. 1964S l ' R V E \
June 1064
SURVEY OF CUERENT BUSINESS
s-12
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1963
Monthly
average
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
!6 749
3,692
3 679
'4,917
2 580
16 914
3,731
3 666
4,990
2 573
May
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores — Continued
Estimated inventories, end of year or month§—
Continued
Book value (seas, adj.)— Continued
Nondurable goods stores 9
mil. $
Apparel group
do
Food group
do
General merchandise group
do
Department stores*
do
Firms with 4 or more stores!
Estimated sales (unadjusted) total
Firms with 11 or more stores :
Estimated sales (unadj.), total 9 __
do
do
16,210
3,569
3, 405
4,897
2,466
16, 726
3,641
3,560
5,037
2,603
16,439
3,555
3,550
4,979
2,490
16,478
3,578
3,560
4,985
2,502
16,510
3,560
3. 663
4,943
2,513
16,586
3.616
3,604
4, 923
2 536
16,544
3.600
3 546
4,931
2 531
16,542
3,619
3,541
4,976
2,556
16 693
3,655
3 571
5,045
2 609
16, 795
3, 686
3,578
5,108
2,654
16, 726
3, 641
3, 560
5,037
2,603
16 938
3,742
3 655
5, 095
2 696
16 869
3,755
3 679
4,947
2 640
5,472
5.813
5,574
5,776
5,685
5,518
6 094
5,546
5,947
6,411
8,239
5,328
5 143
r
T
5, 773
5,798
4,631
4,857
4,651
4,849
4,767
4,601
5,107
4,611
4,915
5,364
6.943
4,478
4,330
4,859
4,858
Apparel group 9
Men's and boys' wear stores _
Women's apparel accessory stores
Shoe stores
do
do
do
__do
307
29
124
90
316
30
134
88
353
29
141
113
315
29
135
90
307
30
130
87
263
25
115
7]
310
25
138
84
309
25
128
93
311
30
131
83
348
34
152
83
567
60
246
133
247
26
97
73
228
22
95
66
365
29
147
119
304
26
132
86
Drug and proprietary stores.
_
Eating and drinking places
Furniture homefurnishings stores
__do
do
_ do_ _-
137
100
40
144
104
42
134
102
38
138
107
43
141
108
41
138
111
38
143
115
44
135
107
41
138
109
51
143
105
52
226
107
51
140
102
32
138
100
39
148
111
45
141
111
44
1, 464
901
284
1,920
62
90
1 585
985
295
1,974
63
91
1, 501
929
294
1, 862
63
92
1,491
935
276
2, 063
72
97
1,516
965
276
1,950
73
103
1,415
879
263
1,915
75
102
1,641
1, 015
301
2,137
76
94
1,526
961
972
1 , 825
71
83
1,615
1,000
299
1, 965
75
93
1,843
1,137
321
2,140
64
94
2 995
1,850
611
2,081
50
132
1,262
790
216
2,086
46
75
1 246
763
238
1,982
47
72
1, 564
968
304
1,970
52
82
1,592
1, 002
281
1, 975
61
96
General merchandise group 9
Dept stores excl mail order sales
Variety stores
Grocerv stores
Lumber yards bldg materials dealersd*
Tire battery accessory dealers
do
do
do
do
do
do
Estimated sales (seas adj ), total9f-
-do
4,705
4,730
4,848
4,914
4,983
4,871
4,809
4,922
5,043
5,089
5,111
5,126
5,105
Apparel group 9
Men's and boys' wear stores
\Vomen's apparel accessory stores
Shoe stores
do
do
do
do
309
29
126
89
309
29
131
85
311
28
136
83
324
33
141
82
341
33
147
90
316
31
132
87
298
29
125
84
310
27
135
83
326
29
137
92
336
31
139
94
337
33
140
90
326
29
136
98
343
31
151
91
Drug and proprietary stores
Eating and drinking places
Furniture homefurnishings storeys
do
do
do
139
103
40
143
104
40
144
104
42
145
105
40
150
107
44
147
105
42
146
107
46
144
105
44
147
106
42
152
111
41
148
110
47
157
112
46
147
112
46
1,503
922
287
1,946
63
90
1,512
939
285
1,955
64
88
1,593
990
297
1, 964
65
93
1 604
995
295
1, 992
64
92
1 646
1,035
294
2,007
63
88
1 605
1,000
?97
1,970
63
89
1 523
932
298
1,993
64
91
1,600
993
296
2,015
63
92
1 674
1,050
305
2,017
61
99
1 698
1, 057
318
2,041
63
99
1 743
1,090
318
2,018
67
98
1 721
1 075
319
2, 055
62
96
1,718
1,049
329
2,030
61
96
14,299 115,484
6,241
6, 626
8, 058
8, 858
7,441
7, 826
6,858
7,658
13,352
5 , 965
7,387
7,032
6,320
13,634
6, 160
7,474
7,202
6,432
13, 799
6,339
7, 460
7,147
6, 652
13, 781
6, 457
7, 324
7, 157
6,624
14,016
6, 559
7, 457
7, 264
6,752
13, 990
6, 532
7, 458
7,178
6,812
14, 269
' 6, 588
7, 681
7,381
6,888
14, 361
6, 456
7, 905
7, 381
6,980
15. 484
6. 626
8, 858
7,826
7,658
14,628
6,259
8, 369
7,409
7,219
14 123
6,083
8, 040
7,126
6,997
!4 335
6, 131
8, 204
7,221
r
7, 114
14, 254
6, 212
8,042
7,447
6,807
48
17
49
17
47
16
49
16
48
16
49
17
50
17
48
17
50
18
50
17
49
18
49
17
48
16
50
18
48
18
43
40
17
43
39
18
43
40
17
43
39
18
43
39
18
43
39
18
44
39
17
42
40
18
41
41
18
43
39
18
45
38
17
43
37
20
42
39
19
43
39
18
42
40
18
190. 14
190. 39
190. 61
190. 81
191. 01
191.23
191. 44
191.64
General merchandise group 9
do
Dept stores excl mail order sales
do
Variety stores
- do
Grocery stores
do
Lumber vards, bldg. materials dealerscf.-do ___
Tir6 battery accessory dealers
do
A il retail stores, accounts receivable, end of mo.:
Total
mil $
Durable goods stores
do
Nondurable goods stores
do
Charge accounts
do
Installment accounts
__do
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
percent. _
Installment accounts
do_ .
Sales by type of payment:
Cash sales
percent of total sales _
Charge account sales
_ _ d o _ __
Installment sales
do
1
!
I
r
r
r
EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas©.
mil . 2 186.66
2
188. 73
188. 94
189. 16
189. 38
189. 62
132. 12
131.74
131 .86
132. 04
132. 20
132.34
132. 50
132. 68
132. 85
133. 02
133. 20
133. 36
133. 52
133. 68
133. 87
75, 712
72, 975
68, 809
4,946
63, 863
74, 897
72, 161
68, 097
4,673
63, 424
75, 864
73, 127
69,061
5,178
63, 883
77, 901
75, 165
70, 319
5,954
64,365
77, 917
75, 173
70, 851
5,969
64, 882
77, 167
74,418
70, 561
5,496
65, 065
75,811
73, 062
69, 546
5,326
64, 220
76, 086
73, 344
69, 891
5,350
64, 541
76, 000
73, 261
69, 325
4,777
64, 548
75. 201
72, 461
68, 615
4.039
64, 576
74,
71,
67,
3,
63^
514
793
228
993
234
75, 259
72, 527
68, 002
3,931
64,' 071
75, 553
72,810
68, 517
4, 017
64^ 500
76, 544
73, 799
69, 877
4,429
65, 448
77, 490
74, 742
71, 101
5, 007
66^ 094
4,063
1,424
5.6
56, 843
4,066
1,292
5.6
56, 001
4,846
1,016
6.4
54, 135
4,322
933
5.7
54, 279
3,857
949
5.2
55, 178
3,516
886
4.8
56, 686
3,453
919
4.7
56, 596
3,936
864
5.4
56, 852
3,846
928
5.3
57, 824
4, 565
1, 106
6.4
58, 685
4,524
1,163
6.2
58, 099
4,293
1,322
5. 9
57, 965
3, 921
1, 237
5. 3
57, 135
3,640
1,' 084
4.9
56, 376
72, 902
68, 767
4,997
63, 770
4,135
1,067
73, 022
68, 720
5,030
63, 690
4,302
1, 113
72, 891
68, 767
4,924
63, 843
4,124
1,080
73, 207
69, 1C1
5,009
64, 092
4,106
1,042
72, 988
68, 941
4,872
64, 069
4,047
1,083
73, 091
69, 044
4,877
64, 167
4,047
1,078
73, 168
69, 067
4' 939
64, 128
4, 101
1,114
73, 572
69, 222
4^903
64, 319
4,350
1,060
73, 224
69, 205
4' 890
64,315
4,019
1,022
73, 667
69^ 567
4' 936
64* 631
4^100
1, 105
73, 835
69, 832
4i 797
65' 035
4^003
1, 007
73, 760
69 807
4, 600
65 207
3i953
1, 047
74, 583
70 559
4, 748
65^ 811
4^024
927
74, 595
70 754
4' 865
65^ 889
3^841
934
5.7
5.4
5.9
5.5
5.7
5.6
5 6
5.4
55
5.4
55
5.4
5. 6
5.5
5.9
5.7
55
5.3
5 6
5'. 3
5. 4
5'. 2
5 4
5. 4
5.'0
51
4^8
189.38
EMPLOYMENT
Nfoninstitutional population, est. number 14 years
of age and over, total, unadj
mil__ 130. 08
74, 681
71,854
67, 846
5,190
62, 657
4,007
1,119
5.6
55, 400
4,166
1,088
5.7
56, 412
Total labor force, incl. armed forces
Civilian labor force, total
_ _
Employed, total. . _.
Agricultural employment
Nonagricultural emplovment
Unemployed (all civilian workers)
Long-term (15 weeks and over)
Percent of civilian labor force
Not in labor force
thous..
do
do
do
do
do
do
thous
Civilian labor force, seasonally adjj
do
Employed total
do
Agricultural employment
do
Nonagricultural employment
do
Unemployed (all civilian workers)
do
Long-term (15 weeks and over)
do
Bates (percent of those in group):
All civilian workers
Experienced wage and salary workers
r
l
2
5.5
5.5
Revised.
End of year.
As of July 1.
§ See note marked "f" on p. S-ll.
9 Includes data not shown separately.
*New series; see corresponding note on p. S-ll.
(^Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
fSee note marked " J" on p. S-ll.
189. 89
5.1
©Revisions for May 1960-Nov. 1962 are available upon request.
JRevised monthly data (back to Apr. 1948) appear in the "Monthly Report on the
Labor Force," Jan. 1964, U.S. Dept. of Labor, Wash., D.C., 20210.
SURVEY OF CUEEENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-13
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May p
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):f
Total, unadjusted!
thous.. 55, 841
57, 174
56, 505
56, 967
57, 609
57, 422
57, 651 58, 211
58, 426
58, 220
58, 585
56, 909
57, 045 '57,388 '57,908
58, 413
_do
do
do
16, 859
9,493
7,367
17, 035
9,659
7,376
16, 845
9,593
7,252
16, 960
9,673
7,287
17, 111
9,738
7,373
17, 050
9,666
7,384
17, 199
9,609
7,590
17, 398
9,801
7,597
17, 367
9,811
7,556
17, 229
9,789
7,440
17, 139
9,765
7,374
16, 935
9,666
7,269
16, 982 '17,051 17, 093
9,676 ' 9, 734 ' 9, 792
7,306 '7,317 ' 7, 301
17, 174
9,845
7,329
Mining, total? __
. _
Metal mining
Coal mining
Crude petroleum and natural gas
do
do
do
do
652
83
152
299
634
82
139
293
632
82
143
290
643
83
142
295
650
84
139
300
641
84
126
302
646
85
135
298
641
84
134
295
637
84
136
290
634
84
136
292
631
83
137
295
614
82
135
290
'624
85
130
289
631
Contract construction
Transportation and public utilities?
Railroad transportation
Local and interurban passenger transit
do
do
do
do--
2,909
3,903
797
271
3, 029
3,913
774
273
2,846
3,859
769
273
3,049
3,897
780
274
3,232
3,954
789
269
3,364
3,975
790
258
3,437
3,976
791
258
3,378
3,982
780
276
3,333
3,968
776
278
3,176
3,944
770
279
2,925
3,931
773
282
2,628
3,876
755
284
2,681 ' 2, 760 ' 2, 974
3,879 ' 3, 883 ' 3, 923
754
762
753
283
'273
279
31,131
3,946
_do
do
do
do
880
200
688
611
898
210
688
612
868
208
684
603
877
209
686
607
912
211
692
619
920
212
701
626
921
212
699
626
934
212
693
618
936
212
691
611
925
213
685
611
913
214
685
610
885
215
685
609
888
214
688
608
'889
215
'691
609
do
do
do
do
do
do
11,582
3,061
8,521
2,798
7,949
9,188
11,865
3, 143
8,722
2,866
8, 297
9, 535
11, 740
3,075
8,665
2,842
8,199
9, 542
11, 720
3,085
8, 635
2,858
8,294
9,546
11, 848
3,132
8,716
2,885
8,423
9, 506
11, 832
3,168
8,664
2,916
8, 474
9,170
11, 878
3,196
8,682
2,919
8,457
9,139
11, 942
3,199
8,743
2,887
8,436
9,547
12,014
3,208
8,806
2,884
8,472
9, 751
12, 166
3,208
8.958
2,878
8,406
9,787
12, 774
3,238
9,536
2,880
8,379
9,926
11,917
3, 201
8,716
2,875
8,313
9,751
11,837
3,187
8, 650
2,885
8,362
9,808
'11,926
' 3, 188
' 8, 738
2,895
'8,415
' 9, 847
155, 841 i 57, 174
_do
16, 859 17, 035
do
9,493 9, 659
do
271
'277
do
589
586
do
385
390
_ do-- 594
608
do
1, 164
1,166
do
56, 873
17,037
9, 660
274
588
387
607
1,174
57, 060
17,095
9,683
276
592
388
612
1,184
57, 194
17,075
9,685
278
559
390
612
1,202
57, 340
17.103
9,701
277
564
392
615
1,208
57, 344 57, 453
17,033 17, 076
9,705
9, 652
275
275
588
578
392
393
610
616
1,164
1,176
57, 646
17, 119
9,718
277
589
391
611
1, 155
57, 580
17, 061
9,688
275
595
392
614
1, 155
57, 748
17, 127
9,737
276
598
394
612
1, 166
57, 850
17.119
9,726
276
596
394
612
1,169
Manufacturing establishments
Durable goods industries
Nondurable goods industries
Motor freight trans, and storage
Air transportation
Telephone communication
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services and miscellaneous
Government
Total, seasonally adjustedf
Manufacturing 1establishments
Durable good ! industries
Ordnance and accessories
Lumber and wood products
Furniture and fixtures
Stonp clay and glass products
Primary metal industries
611
83
134
287
'611
83
130
'288
898
217
699
611
'11,977
' 3, 195
' 8, 782
' 2, 912
' 8, 540
' 9, 865
12, 076
3,202
8,874
2, 924
8, 646
9, 885
Fabricated metal products
do
Machinerv
do
Electrical equipment and supplies. __do
1,128
1,490
1,579
1. 153
1, 520
1,582
1,148
1,504
1, 595
1,151
1, 506
1,597
1, 156
1, 508
1,593
1,159
1, 512
1,587
1,162
1, 525
1,574
1.165
1,531
1,574
1,164
1, 545
1, 571
1,162
1, 548
1,557
1,169
1, 555
1,566
1,164
1, 559
1,564
58, 183 '58,327 '58,463 58, 503
17, 175 ' 17, 242 ' 17, 287 17,311
9, 750 ' 9, 814 ' 9, 859
9,855
262
270
'268
263
601
595
'599
'607
395
401
'400
'399
61H
616
' 621
'623
1,177
1,183 ' 1, 202 1, 206
1,192
1,176 '1,186 ' 1, 193
1, 547 ' 1, 567 ' 1, 574 1, 583
1, 559 ' 1, 563 ' 1,573
1, 578
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
1,542
360
391
1,614
372
393
1, 623
370
390
1. 614
'370
393
1,623
375
389
1,618
375
394
1,580
375
398
1, 635
373
398
1,647
373
395
1,619
373
398
1.629
375
397
1, 621
375
396
1,631 ' 1, 640 ' 1, 655 1, 643
375
376
377
'377
401
403
401
'402
7,367
1, 760
91
903
1,267
614
925
846
195
406
360
7,376
1.738
89
890
1,298
621
928
866
188
409
350
7,377
1,738
90
891
1, 296
618
929
862
188
416
349
7,412
1,743
89
889
1,317
620
934
864
188
417
351
7,390
1,732
88
889
1,306
620
936
868
187
414
350
7,402
1,730
87
891
1,317
623
935
870
188
408
353
7,381
1, 728
91
887
1,302
623
937
870
189
404
350
7,371
1,723
86
886
1,306
622
935
869
190
402
352
7,401
1,742
89
890
1,312
620
934
871
189
402
352
7,373
1,733
95
889
1,291
622
931
870
189
406
347
7, 390
1,741
91
888
1, 295
624
939
871
188
405
348
7,393
1,741
88
891
1, 299
624
940
872
186
407
345
7, 425 ' 7, 428 ' 7, 428 7, 456
1,743 ' 1, 735 ' 1, 723 1, 716
89
90
90
'90
897
899
898
'897
1,310 ' 1, 309 ' 1, 315
1, 335
627
631
627
'629
942
954
'943
947
872
876
'872
873
185
185
184
185
412
416
423
'419
348
352
'351
348
652
640
639
639
634
Mining
do
2,909
3,019
3, 005
3,046
3, 029
Contract construction
do
3,903
3,
909
3,890
3,
919
3, 913
Transportation and public utilities
do
11,582 11, 865 11,784 11,825 11, 864
Wholesale and retail trade
_
_ _ __.do
2,864
2,798
2,853
2,
865
2, 866
Finance insurance and real estate
do
8,228
8,199
8.282
Cervices and miscellaneous _
__
do__ - 7,949 8,297
9,188
9,
480
9,
504
9,466
9,535
Government
do
Production workers on mfg. payrolls, unadjusted :f
12,494 12, 585 12, 426 12, 526 12, 652
Total un adjusted f
thous
12, 604 12, 647 12,628
Seasonally adjusted
do
7,059
7,083 7,138
6,946
7,010
Durable goods industries, unadjusted, .do
7,081 7,086
7,070
Seasonally adjusted
do
119
120
118
118
118
Ordnance and accessories
do
524
526
533
511
523
Lumber and wood products __
do
324
320
317
322
318
Furniture and fixtures
do
490
479
482
497
508
Stone, clay and glass products
do
942
936
984
970
953
Primarv metal Industries
do
421
424
437
450
458
Blast furnaces, steel and rolling mills do
884
864
880
894
868
Fabricated metal products
do
1, 053
1,052
1,056
1,055
Machinery
_ .
._ _ _ _
do__ . 1, 036
1,057
1,060
1,048 1,049
1, 057
Electrical equipment and supplies do
1, 113
1,121
1,061
1,121
1,118
Transportation equipment 9
do
572
534
580
575
581
Motor vehicles and equipment
do_ _ _
351
356
353
350
352
Aircraft and parts
do _
230
235
237
234
239
Instruments and related products
do
312
315
316
305
316
Miscellaneous mfg. industries
do
5,548
5,526
5,443
5,416
5, 514
Nondurable goods industries, unadj
do
5, 566
5.542
5, 534
Seasonally adjusted
do
"I," 176" "l~L55" 1,080
1,098
1, 146
Food and kindred products
do
79
77
65
64
67
Tobacco manufactures
-- do._
812
796
797
802
795
Textile mill products
do __
1,125
1,142
1, 151
1, 135
1,140
Apparel and related products
do
484
486
488
483
492
Paper and allied products
do
594
590
588
590
592
Printing, publishing, and allied md__do
517
532
524
530
527
Chemicals and allied products
do
121
125
119
122
120
Petroleum refining and related ind do
101
95
95
96
96
Petroleum refining
do
314
317
315
315
319
Rubber and misc. plastic products do
309
319
301
300
310
Leather and leather products
do_ _
1
••Revised.
* Preliminary.
Total and components are based on unadjusted data.
t Beginning with the Sept. 1963 SURVEY, data for employment, hours, earnings , and
labor turnover reflect adjustments to Mar. 1962 benchmarks. The revision affects series
back to Mar. 1959 and, for seasonally adjusted data, all series beginning Jan. 1952, witl i only
640
3, 069
3, 936
11, 884
2,870
8,349
9,489
635
3, 083
3,941
11,907
2,873
8.373
9, 499
632
3,071
3,950
11, 922
2.873
8,377
9,552
629
3, 066
3,937
11,935
2, 887
8,430
9,643
630
3,057
3, 928
11,941
2,887
8,423
9,653
630
3,069
3, 915
11,963
2,892
8,447
9, 705
623
3, 017
3,923
12, 072
2, 904
8,474
9,718
do
do
do
Nondurable goods industries
do
Food and kindred products
do
Tobacco manufactures
do-- Textile mill products
do
Apparel and related products
do
Paper and allied products
do-- Printing, publishing, and allied i n d _ _ d o
Chemicals and allied products
do
Petroleum refining and related ind._-do
Rubber and misc plastic products do
Leather and leather products
_do
624
3, 169
3, 934
12, 143
2,911
8,515
9,712
'625
' 3, 162
' 3, 930
'12,143
2, 918
' 8, 552
' 9, 755
' 631
' 3, 140
' 3. 955
'12,201
' 2, 924
' 8, 540
' 9, 785
628
3, 100
3, 958
12, 184
2, 930
8,577
9, 815
12. 571 12, 705 12, 923 12, 895 12, 756 12, 665 12, 472 12,518 '12,584 ' 12, 628 12, 705
12, 650 12, 575 12, 611 12, 649 12, 590 12, 653 12, 639 12, 697 '12,759 '12,806 12, 820
7,180
7,204
7,075 ' 7, 132 ' 7, 193
7, 247
7,064
7, 056
6,995 7,193
7, 155
7,110
7,081
7, 242
7,148
7,207 r 7, 255
7,120
7,103
7,051 7,097
7,129
119
120
114
110
'113
' 111
118
118
119
118
119
534
543
504
536
502
' 506 ' 518
528
551
522
547
332
334
324
325
'327
328
321
331
328
333
329
504
501
471
512
467
500
480
' 494
516
510
486
929
928
958
945
970
966
942
988
'979
946
941
410
408
428
434
418
453
444
414
420
429
913
907
891
892
879
898
' 906
913
909
904
889
1, 059
1, 056
1,081 ' 1, 104
1,112
1,041
1,083
1,111
1,044
1,055
1,077
1,074
1,065
1,051
1,040
1,044
1,040 '1,037 ' 1, 039
1. 067
1,048
1, 062
1,149
1, 157
1,152
1,148 ' 1, 153 ' 1.156
1, 159
1,099
984
1.125
1,163
599
608
607
605
598
565
604
584
'604
450
612
363
361
363
350
' 355
360
356
'357
353
351
366
241
240
237
237
237
240
237
238
240
240
238
342
337
294
319
312
332
341
305
309
'314
313
5,691
5, 576
5,515
5. 730
5,710
5, 408
5, 510
5, 443 ' 5, 452 ' 5. 435 5, 458
5, 539
5, 509
5,547
5,514
5, 524
5, 519
5, 549 ' 5, 552, ' 5, 551 5, 578
5, 524
1,169
1,248
1,188
1,272
1,285
1,081
1,064 '1,057 '1,063
1,071
1,128
94
87
63
95
88
76
74
70
66
66
83
802
804
792
803
803
788
795
802
' 798 ' 799
795
1,180
1, 161
1,133
1,183 1,180
1, 150
1,136
1,174 '1,177 ' 1, 153
1, 160
492
487
493
495
484
491
495
485
491
483
'488
589
592
597
599
598
602
592
602
594
' 598
599
525
522
527
526
528
522
519
521
528
'533
528
122
121
120
118
123
114
116
114
114
115
116
96
94
95
94
96
93
93
92
92
92
93
307
315
318
317
310
313
315
'316
317
320
315
309
311
309
316
309
304
302
308
307
'302
308
minoi revision s prior to that tim e. Revi sions noi shown are avail iblo in t ic 1963e dition of
Busiis ESS STAI ISTICS an d in BL£3 Bullctii1 1312-1, 'Employfment ai d Earni igs Stat sties for
t h e U nited Sttites, 1909-62, "6 54 pp., $3.c 0, GPO, Wash., D.C.,20^102.
9Ir eludes d ata for i ndustrie s not sh 3wn sep£irately.
SUEVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
1963
Monthly
average
June 19C4
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec,
Jan.
Feb.
Mar.
Apr.
May >P
EMPLOYMENT AND POPULATION—Ccmtinned
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch) :
United States
thous_.
Wash. D.C., metropolitan area_.
do
Railroad employees (class I railroads) :
Total
- do
Index, seasonally adjusted
1957-59=100--
2.311
230
2,328
239
2,315
235
2,311
235
2,335
243
2,344
246
2 337
244
2,312
239
2,314
240
2, 313
240
i 2, 452
1243
2.293
239
2, 291
240
2, 293
241
2.304
241
720
79. 5
698
277.1
694
76.5
705
76.9
715
77.3
714
77. 5
714
78.2
703
78.2
699
78.5
694
79.3
693
79.5
" 680
p 73.9
p 645
*>74.4
p678
p 74. 9
p 686
P 75. 8
116.4
113.7
90.5
127.0
118.0
90.6
115.5
114.4
89.2
128.3
117.4
92.1
138. 9
119.9
95.9
146.8
118.1
90.2
152.2
118.2
93. 1
149. 5
122. 6
94.0
149.7
122.6
92.8
131.5
121. 5
90.5
119.2
122 A
91.4
102. 4
117.7
87.8
109. 2
119. 4
86.9
r 114. 1
127.3
2
.......
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) 1-1957-59=100..
Manufacturing (production workers)f
_ do
Mining (production workers)!
do
120.4 T 121.8
' 85. 9 89.6
1
HOURS AND EARNINGS!
Average weekly gross hours per production worker
on payrolls' of nonagric. estab., unadjusted:!
All manufacturing estab., unadj.!
hours..
Seasonally adjusted
do
A. verage overtime
- do
Durable goods industries
do
Seasonally adjusted
do
Average overtime
do
40.4
40.4
2.8
40.9
2.8
41.1
2.8
Ordnance and accessories
do
Lumber and wood products
do
Furniture and
fixtures
do
Stone, clay, and glass products
_-do
Primary metal Industries
_ _ do
Blast furnaces, steel and rolling mills do
Fabricated metal products
Machinery
Electrical equipment and supplies
Transportation equipment 9
Motor vehicles and equipment
Aircraft and parts _
Instruments and related products
Miscellaneous mfg. industries
193 4
r"1—
40.5
40.5
2.8
41.2
41.1
2.9
40.8
40.5
3.0
41.6
41.3
3.2
40.5
40.4
2.9
41.1
41.2
2.9
40.5
40.3
2.9
41.0
41.0
3.0
40.7
40.7
3.1
41.3
41.3
3.2
40.7
40.6
3.0
41.4
41.2
3.2
40.5
40.5
3.0
41.2
41.1
3.2
40.8
40.5
3.1
41.6
41.5
3.3
39.8
40.1
2.7
40.6
40.8
2.9
40.3
40.6
2.7
41.0
41.3
2.8
40.4
40.7
2.8
41.0
41.2
2.9
' 40. 5
MO. 7
2.8
Ml. 3
2.9
39.9
40.1
2.4
40.6
40.7
2.5
41.1
39.8
40.7
40.9
40.2
39.0
41.1
40.1
40.9
41.3
41.0
40.0
40.4
39.6
39.8
41.1
41.5
41.8
41.0
39.9
40.2
41.9
41.6
41.3
41.2
40.9
40.9
42.1
42.2
41.9
40.6
40.6
40.8
41.9
41.1
40.5
41.0
40. 6
41. 6
41.9
40. 6
39.4
41.3
40. 8
41.6
41.8
40.7
39.3
41.2
40.8
41.6
42.1
40.4
38.7
40.8
39.7
41.3
41.5
40.6
39.0
41.5
40.0
41.9
40.6
41.3
39.5
40.8
38.6
39.4
39.8
41.1
40.0
40.3
39. 6
40.7
40.7
41.1
40.0
40.2
'39. 7
MO. 7
40.8
41.4
MO. 5
MO. 1
'39.8
' 40. 6
' 41. 6
Ml. 7
41.0
40 3
40 5
40 3
42. 1
41 7
do do
do
41.1
41.7
40.6
41.4
41.8
40.4
40.6
41.4
39.7
41.5
41.8
40.3
41.7
42.1
40.6
41.2
41.7
40.2
41.5
41.6
40.3
41.9
41.9
40.7
41.8
41.8
40.6
41.5
41.8
40.4
41.9
42.5
40.8
40.9
41.8
40.0
41.2
42.3
40.2
Ml. 2
M2.4
40.2
Ml. 5
M2. 6
MO. 3
41 7
4? 7
40. 3
do
do
do
do
do
42.0
42.7
41.8
40.9
39.7
42.0
42.8
41.5
40.8
39.6
41.2
41.4
41.0
40.3
39.0
42.2
43.1
41.2
40.7
39.5
42.3
43.2
41.4
40.9
39.7
42.0
42.8
41.4
40.7
39.2
40.8
40.3
41.5
40.7
39.8
41.9
42.1
41.7
41.1
39.9
42.7
43.9
41.6
41.1
40.1
42.8
44.3
41.4
41.0
39.8
43.0
44.7
41.5
41.0
39.8
41.5
42.2
41.1
39.8
38.4
41.5
42.2
41.0
40.5
39.5
Ml. 4
Ml. 7
40.9
40.4
'39.8
Ml. 8
' 42. 6
Ml.O
40.4
'39.7
41 8
42.6
40.8
40.4
39.6
do
do
do
do
do
do
do
do---
39.6
39.6
2.7
40.9
38.6
40.6
36.2
42.5
2.7
40.9
38.6
40.6
36. 1
42.7
38.9
39.3
2.4
40.0
34.7
39.8
35.6
41.9
39.6
39.7
2.6
40.8
38.7
40.6
36.4
42.5
39.8
39.6
2.8
41.2
40.3
41.0
36. 3
43.0
39.8
39 5
2.8
41.4
38.8
40.4
36.3
42.9
40.0
39.6
2.8
41.4
40.2
40.7
36.8
43.1
39.9
39.7
3.0
41.6
39.7
40.6
36.3
43.2
39.9
39.8
2.9
41.2
39.7
41.3
36.3
43.2
39.6
39.5
2.8
41.0
38.9
41.3
35.8
42.8
39.9
39.6
2.8
41.1
39.4
41.3
35.9
43.0
38.7
39.1
2.5
40.3
36.9
40. 0
33.9
42.1
39.4
39.9
2.6
40.2
35. 3
40.9
36. 3
42.5
39.5
39.9
2.6
MO. 1
37.8
40.7
M2.4
'39.4
' 39 8
'2.6
MO. 2
' 39. 6
MO. 7
36. 1
' 42. 5
39.7
39 8
2 7
40.8
39.9
41 I
36. 1
42.7
do
do
do
do
do
do
38.3
41.5
41.6
41.2
41.0
37.6
38.3
41.5
41.7
41.4
40.8
37.5
38.1
42.0
42.2
42.2
40.1
35.5
38.4
41.7
41.9
41.4
40.5
36.6
38.3
41.7
42.3
41.6
40.7
37.9
38.2
41.6
42.4
41.6
40. 5
38.0
38.5
41.4
41. 6
40.6
41.0
38. 3
38.6
41.5
42.2
41.7
41.4
37.5
38.4
41.4
41.7
41.0
41.1
37.8
38.2
41.4
41.5
41.5
41.0
37.2
38.9
41.7
41.4
41.5
41.7
38.9
37.9
41.1
41.3
41.4
40.5
37.4
38.2
41.3
41.4
41.3
40.6
38.2
38.5
41.6
Ml. 4
Ml. 2
MO. 8
37.7
38. 5
Ml. 6
Ml. 3
' 40. 9
Ml.O
' 36. 5
38.5
41.8
41.9
41.1
41.2
37.8
do
do
do
.do
41.0
41.5
"36.6
42.0
41.6
41.2
«38.8
42.1
41.3
40.8
38.1
41.9
41.9
41.3
39.4
41.9
42.7
41.7
41.0
42.3
41.2
40.8
42.1
41. 6
39. 2
42.1
42.3
41.3
39. 0
42.5
41.3
41.2
37.8
42. 2
41.6
42.1
39.7
42.3
41.2
42.3
39.3
41.9
41.4
42.4
42.0
41.0
38.0
42, 6
38.2
42. 3
Ml.l
M2. 0
'36.6
M2. 4
41.4
41.5
37.6
42.2
Contract construction
General building contractors
TTeavv construction
Special trade contractors
do
do
do
do
37.0
35.6
40.5
36.3
37.3
36.0
41.3
36.5
37.3
36.2
41.2
36.5
38.0
36.6
41.9
37.1
38.4
36. 6
42.9
37.5
38. 5
37.0
43.2
37.4
38.8
37.2
43.5
37.5
38.3
36.6
42.9
37.2
38.9
37.3
43.6
37.7
36.4
35.1
40. 0
35.7
35.3
34.3
36.7
35.5
34.1
32.8
36.6
34.1
35.9
35. 1
38.9
35.4
30. 5
35.9
'39.1
' 36. 0
37.2
36. 1
40.7
36. 5
Transportation and public utilities:
Local and suburban transportation
Motor freight transporation and storage
Telephone communication
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale
trade
Eetai 1 trade §
do
do
do
do
do
do
do
42.6
41.5
39.9
41.0
38.7
40.6
37.9
42.2
41.6
40.0
41.2
38.6
40. 6
37.8
42.0
41.2
39.5
41.0
38.5
40. 4
37.7
42.7
41.6
39. 7
41.0
38.5
40.6
37.6
43.0
42. 2
40. 0
41.3
38.9
40. 7
38.1
42.6
41.7
40.3
41.2
39. 2
40.8
38.5
42. 5
42.3
40.1
41.3
39. 2
40.7
38.5
42.1
42.0
40.5
41.4
38.6
40. 6
37.7
42. 0
42, 3
40.4
41.4
38.4
40. 7
37.5
41.8
41.3
40.8
41.4
38.3
40.5
37.3
41.9
41.9
39.6
41.5
38.8
40. 9
38.0
42.0
40.5
39.3
41.5
38.1
40.2
37.1
41.5
41.0
39.6
41.0
38.2
40.3
37.2
' 40. 9
41.2
' 39. 5
'• 41. 0
'38.2
MO. 5
37.1
42.0
41.6
39,2
41.0
38.2
40.6
37.2
Services and miscellaneous:
Hotels tourist courts and motels
do
Laundries, cleaning and dyeing plantscf do
39.1
38.9
39.0
39.0
38.4
39.4
38.6
39. 5
38.5
39. 6
40.3
39.1
40. 6
39.0
39.2
39. 1
39.1
39.0
38.8
38.8
38.6
38.9
38.8
38.0
39.1
38.3
'39.0
38.6
39.1
38.9
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.:!
All manufacturing establishments!
dollars.. 96. 56
Durable iroods industries
do _- 104. 70
116.31
Ordnance and accessories
do
79. 20
Lumber and wood products
do
99. 38
108. 09
119. 60
81.80
97.36
106. 37
115.14
78.41
99. 23
108. 36
117.67
80. 60
100. 37
109. 82
118.24
82. 62
99. 23
108. 09
117.74
82.42
98. 42
107. 01
119.31
84. 45
100. 53
109. 45
121.01
86. 50
100. 53
109. 71
121.13
85. 68
100. 85
110. 00
120. 36
82. 97
102. 4L
111.90
123. 26
83.20
99. 90
109. 21
121.18
79. 90
101. 15
109. 88
119.29
81.97
101. 40 ' 102. 06
110. 29 '111.51
119. 39 '119.90
' 82. 18 ' 83. 58
' 82. 62 ' 82. 42 81 81
102. 00 ' 104. 83 106. 93
127. 51 ' 128. 85 129. 27
Nondurable goods industries, unadj
Seasonally adjusted
Average overtime
_
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and related products
Paper and allied products
Printing, publishing, and allied ind
Chemicals and allied products
Petroleum refining and related ind
Petroleum refining
. ..
Rubber and misc. plastic products
Leather and leather products
Non manufacturing
establishments:!
Minin f f Q
Afetal mining
Coal minin 0 "
Crude petroleum and natural gas
' 42. 1
r 36. 4
r 41.4
3. 0
40.7
40 7
30
41 4
41 3
32
102. 97
112.19
120.50
86. 27
_.
do
do
do
79. 37
98.57
119. 80
81.39
102. 42
124. 64
78. 01
101.11
127. 82
79. 60
103. 07
127. 30
81.39
104. 41
129. 55
81. 19
104.33
125. 77
83. 20
104. 33
123. 02
84.03
104. 50
123. 73
84. 03
105. 67
122. 41
83. 43
103. 75
123. 42
85.06
101. 50
126. 38
79. 59
99. 50
125.77
82.21
101. 75
126. 18
Fabricated metal products
Machinery . __ __
Electrical equipment and supplies
do
do
do
104. 81
113.01
97.44
108. 05
116. 20
99. 38
104. 75 108. 32
113.85 I 115.79
96.87
98. 74
108. 84
117.04
99. 88
107. 53
1 15. 51
98. 89
108.32
115.23
98.74
110.20
117. 32
100.53
109. 93
117.04
100. 28
109. 56
117.88
100. 60
111.04
120. 70
102.41
108.79
118.71
100.40
109. 18 ' 109. 59 '111.22 1 111 7<»
120. 56 ' 121. 26 ' 192 26 1 122 55
100. 90 100.90 '101.15 1 101 56
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
122. 22 126. 42 121.54 125. 76 126. 90 125. 58 121. 58 127.80 131.52 132. 68 133.30 127.41 126.99 ' 126. 68 ' 128. 33 128. 74.
Transportation equipment
do
99. 14 100. 94 101. 84 ICO. 94 101.34 102.75 102. 75 102. 91 102. 91
99.80 101. 59
Instruments and related products
do
99.90 101.66 101. 40 101.81 102. 21
80.19 ' 79. 18
78.21
80.39 79.17
79.40
80.60
81.40
81. 59
Miscellaneous mfg. industries
do
82.39
79. 87
79.60
82.16 * 82. 78 ' 82. 97 82.37
'1 Revised.
? Preliminary.
« Average for 11 months.
tSee corresponding note, bottom p. S-13.
9 Includes data for industries not shown
Includes Post Office employees hired for the Christmas
season;
there
were
about
144,000
separately.
§Except eating and drinking places.
such employees in the United States in Dec. 1963.
-1 Based on unadjusted data.
cf Beginning Jan. 1964, data relate to nonsupervisory workers and are not comparable
with the production-worker levels for earlier periods.
SURVEY OF CURRENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
I 1963
Monthly
average
S-15
1964
1963
Apr.
May
Juno
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
89.04
95 68
68. 84
71 . 98
64.61
Mar.
Apr.
May v
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per production
worker on payrolls of nonacn'c estab t — Con
All manufacturing estab. t— Continued
Nondurable goods industries
dollars-Food and kindred products
do
Tobacco manufactures
do __
Textile mill products
do
Apparel and related products
do
85. 54
91 62
71. 41
68. 21
61.18
87.91
94 48
73.73
69. 43
62. 09
85. 97
99 40
68. 71
67. 26
60. 16
87. 52
94 66
78.17
69. 02
61. 52
88. 36
95 17
81.81
69. 70
61 . 35
88. 36
95 63
78.76
68. 68
61.71
88.40
93 98
73 57
69. 19
63 30
89. 38
95 68
71.46
69. 83
64. 25
88.98
94 35
71.46
71.04
64. 25
89.10
95 94
73 13
72. 28
63 01
90. 17
96 59
74. 8«>
72. 69
63 54
87. 85
95 91
72.69
70.40
60. 00
Paper and allied products
do
Printin?, publishing, and allied ind
do
Chemicals and allied products
do
Petroleum refining and related ind
do
Rubber and misc. plastic products _ _ _ d o _ _ Leather and leather products
...do
102. 00
107.62
109. 98
1%. 88
100. 04
64.67
105. 90
110. 30
112 88
131.77
100. 78
66. 00
102 24
108.97
113 40
133 77
98. 25
62.13
104 55
110 91
112 59
131 57
99 23
64. 42
106 21
110.69
113 42
133 25
100. 53
66. 70
106. 82
110.02
113 98
133. 98
100. 04
66. 12
107 39
111 9 7
113 0°
130 1>1
100 86
67. 41
108 43
112 71
114 13
13420
102 67
67. 13
108 43
111 74
113 85
131 77
101.93
67.66
107 43
110 78
113 85
139 39
K)9 91
66. 59
108 36
113 98
115 09
132 89
105 08
69. 63
106 09
110 67
113 «5
132 16
101.25
66.95
110.70
117.48
113.09
109. 20
114.40
liS.M
119.95
111.99
112.75
114.
117
122
110
39
71
14
62
117.85
117~ 60
117 73
111 45
1 28. 74
113.36
1 12. Q()
116.69
108. 19
112.36
115
11$
118
113
08
0&
18
30
117.04
15106
123 48
113. 67
116.75
120 6TJ
121.68
113.05
113,99
119.8$
117.94
113.10
116.48
122 51
125. 85
113.79
1 lg. 36 115.09; '113.85
123.00 '122.51 '122.64
124. 97 121.09 ' 115. 66
112.71 112.94 '112.78
U5. 09
12.LOO
121. 82
111.83
122.
112
122.
128.
47
50
31
50
127. 57
117 7'?
128. 03
133. 59
124. 58
115 84
122. 36
131 40
128. 06
117 85
126. 96
134 67
129. 79
118 58
132.13
135. 75
130.90
120 62
135. 22
136. 14
132 70
I09 O l>
137.03
137 °5
132.90
121 88
136.85
137 64
134.98
194 58
138. 65
139 49
125.58
116 53
124.00
131.38
124. 96
115 °3
118.17
133. 48
122. 08
111 52
118.95
129. 24
127.09
118 29
123.31
133.81
131. 69
123 10
129. 02
137. 61
100. 11
113.30
98. 95
116.85
101. 70
117.31
HP 40
121.13
100
115
99
119
38
36
94
31
109 48
117.31
101 24
119 72
103 63
118.58
102 00
121.42
103. 09
118. 85
102. 36
121. 13
103 °8
119 71
!()•> 9fi
i>
102 30
120 12
105 30
123 37
102
120
105
J 99
48
13
04
96
109 41
117. l)9
106 08
123. 79
102
120.
103
124.
103.
116.
109
124.
32
24
18
09
101.68 ' 98 98 103. 74
118.49 119.89 121. 06
102 56 '102 70 101 53
123.00 ' 123. 00 123.00
75 08
96 22
65.95
77 59
99 47
68. 04
76 69
98 58
67 48
77 39
99 47
67 68
78 19
100 12
68. 96
78 79
99.55
69. 30
78 79
99 7°
69 30
78 36
100 69
68 61
77 95
100 94
68 25
100. 85
68. 26
77 60
101 43
68. 40
78 11
100 10
68. 26
78 69 ' 78 69 79 07
100 75 '101 66 101 91
68.82 ' 68. 64 69. 19
71 80
93.46
74 97
96.28
74 93
95 44
74 40
95 57
74 40
96. 13
74.77
96. 65
74 40
96 (56
75 14
96 72
74 97
96 79
75. 35
96. 86
76. 13
97. 67
76 70
77.08
' 76 09 76 50
46 14
50. 57
47 58
51.87
46 08
52 40
47 86
52. 54
47 36
52. 67
47. 96
52. 00
48 31
51 48
48 22
52. 00
48 09
51.87
47 7°
51.99
47 86
52. 13
47 72
53. 58
47 70
54. 00
' 47 97 48 88
54. 81
56. 02
2.39
2 31
2.56
2.48
2. 46
2 37
2.63
2.54
2.44
2 37
2.62
2.54
2.45
9 37
2.63
2.54
2. 46
2 37
2.64
2.54
2.45
2 37
2. 63
2.54
2. 43
2.47
2 38
2. 65
2.55
2.47
o 38
2. 65
2. 55
2.49
2 40
2. 67
2.57
2.51
2 42
2. 69
2.58
2.51
9
43
2.69
2.60
2.51
2 42
2. 68
2.59
2 83
1 99
1 95
2 41
2 gg
3.29
9 91
2 04
1 99
2 48
3 04
3.36
2 85
1 98
1 96
9 46
3 08
3.44
9 87
9 02
1 98
2 46
3 06
3. 38
2 87
2 02
1 99
2 48
3 07
3.39
2 90
2.03
1 99
2.49
3 06
3.37
•) y j
9 08
9 94
9
10
9 02
9 51
3 03
3.33
9
3 03
3. 33
2 93
2 12
2 02
2 50
3 04
3.35
2 97
2 08
2 03
2 50
3 06
3.36
2 97
9
07
2 O9
2 50
3 06
3.35
2 96
2 07
2 02
2 50
3 07
3. 37
Electrical enuipment and supplies
do
Transportation equipment 9
do
Motor vehicles and equipment .__ _ do
Aircraft and parts
do
Instruments and related products
do
Miscellaneous mfg Industries
do
Nondurable goods industries
- do
Excluding overtimed*
do
Food and kindred products
do
Tobacco manufactures
- do
Textile mill products
._
..do
\pparel and related products
_
do
Paper and allied products
do
2.55
2 71
2.40
2.91
2.99
2 87
2.44
1 97
2.61
2 78
2.46
3.01
3. 10
2 95
2.49
2 03
2 58
2 75
2 44
2.95
3.03
2 90
2 46
2 03
2 61
2 77
2 45
2.98
3.06
2.61
2.77
2. 46
2. 99
3. 05
2. 95
2.48
2 02
9
61
9 77
l>
45
2. 98
3.04
•> 9fi
•> 49
•) 00
2. 63
2 80
2.47
3.05
3.14
2 99
2. 50
2 02
9
63
2 80
9 47
3. 08
3.18
9 99
0
50
0
03
2.64
2.82
2.49
3.10
3. 21
9 Q"i
2.61
2.78
2. 46
3. 00
3. 07
2 94
2.49
2.02
2. 51
2. 05
2. 65
2.84
2.51
3.10
3. 21
3. 01
2.51
2. 07
2. 66
2.84
2.51
3.07
3.17
3 01
2.51
9
08
2.65
2.85
2. 51
3. 06
3. 14
3. 02
2 51
2.08
2. 66
2.86
2. 51
3. 06
3.14
3 01
2. 51
2 08
' 2. 68
' 2. 87
2.51
3.07
' 3. 16
T
3 02
2. 52
' 2 09
2 68
2 87
2 52
3. 08
3. IS
3 O''
2. 53
2 08
2.16
2 09
2.24
1 85
1.68
1.69
2.40
2 22
2 15
2.31
1 91
1 71
1 72
2.48
2 21
2 14
2.31
1 98
1 69
1 69
2.44
2 21
2 14
2.32
2 02
1 70
1 69
2.46
2.22
2 14
2.31
2.03
1.70
1.69
2.47
2. 22
2.15
2.31
2.03
1.70
.1.70
2.49
-> •>]
'> 13
9 93
16
2. 29
1 809
1 7
1 77
2.51
2. 25
2. 1 7
2.34
1.88
1.75
1.76
2.51
9 2<i
9 07
1 83
1 70
1 7 ->
2. 49
2.24
2 16
2.30
1 80
1.72
1.77
2.51
2 19
2. 35
1. 90
1. 76
1.77
2. 52
2 ''0
2. 38
1 97
1 76
1 77
2. 52
2. 26
2 19
2. 38
1 95
1.79
1.78
2.52
2.27
2 20
2.39
2 00
1. 76
1. 78
2. 52
2.28
' 2 20
2. 39
2 03
1.76
' 1 . 77
2.53
2 28
2 ->0
2. 40
•> 04
1 7t>
1 77
Printing, publishing, and allied ind
do
Chemicals and allied products __ . __.do
Petroleum refining and related ind
do
Petroleum refining
do
Rubber and misc. plastic products
do
Leather and leather products.
do
2.81
2.65
3. 05
3.19
2.44
1.72
2.88
2.72
3.16
3. 32
2.47
1.76
2.86
2.70
3.17
3.34
2.45
1.75
2.87
2.70
3.31
2. 45
1.76
3. 14
2.89
2.72
3. 15
3.33
2.47
1. 7b
2.88
2.74
3. 16
3.34
2.47
1. 74
2.89
•'.73
3. 13
3.31
2. 46
1.76
2.92
2.75
3.18
3.35
2.48
1.79
2.91
2. 75
3.16
3.33
2. 48
1 . 79
2. 90
2. 75
3.19
3.36
2.51
1. 79
2. 93
2, 76
3. 21
3. 37
2. 52
1. 79
2.92
9 77
3. 20
3. 35
2. 50
1. ,'9
2. 93
2.76
3.19
3. 34
2.49
1.80
2. 75
2.88
3. 12
2. 66
3.42
3.27
3 10
3 66
2.73
2.88
3.09
2.66
3.34
3.20
2 97
3 60
2. 73
2. 85
3.10
2.64
3.37
3 22
3. 03
3 63
2.76
2.85
3.14
2. 68
3. 38
3. 24
3.08
3. 62
2.72
2. 86
2. 65
3.40
3. 26
3. 13
3.64
2. 74
2.88
3.11
2.66
3. 42
3. 28
3. 15
3 66
2.78
2.91
3.15
2.70
3.47
3. 33
3.19
3.70
2. 76
2. 92
3.12
2. 66
3.47
3.34
3.18
3 70
2. 76
2.91
3.12
2. 68
3. 45
8.32
3. 10
3.68
2.80
2.91
3.17
2. 69
3.54
3.38
3.22
3. 76
2.80
2.91
3.18
2. 69
3.58
3.40
3.25
3.79
2.78
'2.91
3. 17
2.67
3. 54
3. 37
3.17
3.78
2.41
2.82
2.56
2.94
2.39
2.80
2.53
2.91
2.40
2 82
2.55
2. 92
2.41
2.81
2. 55
2. 94
2.42
2.85
2.54
2. 94
2.43
2. 83
•>. 55
2. 94
2.43
2.86
2. 60
2.98
2.44
2. 84
2. 60
2.97
2.45
2.84
2.60
2. 99
2.44
2.88
2.61
3. 01
2. 46
2.87
2. 60
2. 99
2.01
1.94
1.99
2. 01
2.01
Wholesale and retail trade
do
2. 46
2.45
2.44
2.45
2.37
Wholesale trade
do
1.81
1.74
1.79
1.80
1.80
Retail trade §
_do
Services and miscellaneous:
1.24
1.22
1.23
1.18
1.20
Hotels, tourist courts, and motels
do
1.33
1.33
1.33
1.33
1.30
Laundries, cleaning and dyeing plants Ado
lie vised, v Preliminary. « Average for 11 months. § Except eating and drinking places,
corresponding note, bottom p. S-13. 9 Includes data for industries not shown separately.
2.01
2.44
1.80
2.01
2. 45
1.80
2.03
2.48
1.82
2.03
2.48
1.82
2. 03
2. 49
1.83
2. 00
2.48
1.80
1.19
1.33
1.19
1.32
1.23
1.33
1.23
1.33
1.23
1.34
1.24
1.34
Nonmanufacturing establishments:!
Mining?
Metal rnfning
- Coal minine
Crude petroleum and natural gas
do
cJo
do___
do
Contract construction...
__
General buildin tr contractors
Heavy construction
Special trade contractors
do
do
-do
do
Transportation and public utilities:
Local and suburban transportation .. do
Motor freight transportation and storage -do
Telephone communication
_. _ do
Electric, gas, and sanitary services
do. .Wholesale and retail trade
Wholesale trade
Retail traded
_
do
-- - do
do
Finance, insurance, and real estate:
Banking
_ _ _ __
_-do
Insurance carriers
do
Services and miscellaneous:
Hotels touristcourts and motels
do
Laundries, cleaning and dveing plants Ado _ - Average hourly gross earnings per production
worker on payrolls of nonagric. estab. :f
All manufacturing establishments!
dollars—
Excluding overtimec?1
do
Durable goods industries
do
Excluding overtimed"
do
Ordnance and accessories
__ _. _ do
Lumber and wood products _
_do
Furniture and futures
do
Stone clay, and glass products
__do
Primary metal industries
do
Blast furnaces, steel and rolling mills.do
Fabricated metal products
Non manufacturing establishments:!
Mining 9
Metal mining
Coal mining
__
Crude petroleum and natural gas
Contract construction
General building contractors
<3
I t rip pon tract or^
do
- do
do
do
do
do
do
do
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage. do
Telephone communication _ _
do
2.70
2.83
"3.09
2.60
3.31
3.16
3.02
3 54
2.35
2.73
2.48
2.85
a
9 99
2 48
118 85
r'l 4
9 -35
2. 61
2. 52
9 0()
•) 41)
9
95
2 09
9 ()9
2. 50
3 04
3.33
3. no
24
67
36
92
89. 67 r
' 95 84 '
75. 60 '
71. 63 '
' 64. 79 '
89. 83
96 08
80. 39
71.63
63. 90
90. 52
97 9 ->
81 40
72. 34
63 90
107 10 '106 85 '107 53
111. 93 113 58 113. 58
113 99 114 40 '114 40
132.07 '131 24 '130 92
101.09 '101.59 '102. 50
68. 76
68. 24 ' 66. 43
108 03
113 96
115 79
132 82
103 41
68. 42
' 128. 48
'120 98
'121.99
' 135. 36
2.51
2 43
2.69
2.60
2.52
2 44
2. 70
2.61
2 97
' 2 99
' 2 07 ' 2 10
2 03
2 50
' 2 52
r 3 09
3 08
3.37
3. 39
r 2 03
2. 95
2. 95
2.75
2.75
3.17
'3.17
3.33
' 3. 33
' 2. 49
2. 50
1. 82
1.81
' 3. 76
2.78
2. 93
3. 24
2. 65
3.54
3.41
3. 17
3. 77
2. 45
2.89
2. 59
3.00
2.42
2.91
2.60
' 3. 0!)
2.47
2.91
2. 59
3. 00
2. 05
2. 49
1.84
2.06
2.50
1.85
' 2. 06
' 2.51
' 1. 85
2.07
2.51
1.86
1.23
1.41
1.22
1.41
1.23
1.42
1.25
1.44
-2.77
r 2. 92
3.16
2.66
'3.52
'3.37
'3.12
2. 53
9 44
2. 71
2. 61
•> 99
•> 13
9 03
-)
54
3 10
2. r>3
3. 17
3. 34
2. 51
1. 81
cTDerived by assuming that overtime hours are paid at the rate of time and one-half. AEffective Jan. 1964, data relate to nonsupervisory workers and are not com parable with Urn
production-worker levels for earlier periods.
SURVEY OF CURRENT BUSINESS
S-16
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
| 1963
June 1964
1963
Monthly
average
May
Apr.
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
3.149
4.636
1.14
3. 157
4.640
Mar.
Apr.
May
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
Common labor
$ per hr
Skilled labor
do
Farm without board or rm , 1st of mo
do
Railroad wages (average, class I)
do _
Road-building, com. labor (qtrly.)
do
LABOR CONDITIONS
Help-wanted advertising, seas, adj t _ _ 1957-59 =100..
Labor turnover in manufacturing estab.: f
Accession rate, total mo. rate per 100 employees. _
Seasonally adjusted
do
New hires
_
_ do
Separation rate total
do
Seasonally adjusted
do
Quit
._
_ do
Layoff
do
Seasonally adjusted
do
Industrial disputes (strikes and lockouts) :
Beginning in month:
Work stoppages.
number..
In effect during month:
Work stoppages
2.946
4.348
i 1.01
2.740
12.31
3.078
4. 525
1, 05
2.770
12.38
1
3.016
4.454
1.11
2.756
2.18
3.060
4.480
3.072
4.487
2.749
2.785
3.102
4.540
1.09
2.750
2.44
3. 130
4.585
3.130
4.591
2.755
2.782
3.130
4.602
3.130
4.602
.99
2.748
3.135
4.611
2.785
2.785
2.45
3.157
4.644
3.175
4.658
1.14
2.27
2.37
110
109
109
105
104
109
105
107
111
112
118
116
117
118
120
4.1
3.9
4.0
4.8
3.9
2.9
2.5
3 Q
3.6
3.4
3.8
2.5
3.6
4.0
1.4
1.5
1.8
4.8
2.4
3.9
4.8
39
4.3
2. 5
4.1
3.9
4.1
2.3
3.6
4.0
1.3
1.6
1.8
'3.7
'4 0
3.3
3.4
3.8
1.4
1.4
1.7
17
p3.6
*>3 8
P2.3
z>3.3
*>3 6
Pl.3
» 1.4
p1 6
••4 291
'489
'377
'118
'380
'128
' 4 423
'543
'148
'1,430
1.4
2.0
301
102
1.4
1.8
280
-78
number
r 4H9
1,550 '1,340
Man-days idle during month
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
548
560
"NTonfarm placements
_
__ . thous
Unemployment insurance programs:
2 1, 924 2 1, 939
Insured unemployment, all programs.
do__
State programs:
1.309
1,285
Initial claims
_
_
do
1,783
1,806
Insured unemployment, weekly avg__.do
Percent of covered employment:^
4.4
4.3
Unadjusted
_ _
Seasonally adjusted®
1,525
1,
541
Beneficiaries weekly average
thous
231.2
223.0
Benefits paid
mil. $
Federal employees, insured unemployment
29
31
thous
Veterans' program (UCX):
29
28
Initial claims
do
55
50
Insured unemployment, weekly avg. do
52
47
Beneficiaries weekly average
do
6.6
7.6
Benefits paid
mil. $__
Railroad program:
17
13
Applications
._
thous_.
47
62
Insured unemployment weekly aver do
8.3
11.1
Benefits paid
mil. $
'4937
581
2
4.0
2.7
4.1
4.0
1.4
2.0
1.9
3.7
3.2
4.7
4.2
2.1
1.9
2.0
'372
'312
'94
'593
'606
'181
'183
' 1, 550 '1,810
'67
'545
'167
'1,350
3.9
3.1
4.9
3.9
2.4
1.8
1.8
'500
155
'985
577
572
611
664
21,568
2 1, 606
2 1, 531
2 1, 372
1,216
1,918
1,079
1, 624
973
1,468
1,351
1,493
1,086
1,419
4.7
3.9
4 2
1, 464
235.9
1,327
188.2
3.6
4 1
1,238
195.6
31
28
26
23
58
61
8.8
20
47
44
6.8
22
4
49
9.0
4
39
7.3
4.2
1,800
274.8
'96
'81
612
2
'346
'287
1, 738
2, 055
3.9
2.6
4.1
3.7
1.5
1.9
1.7
3.6
1.8
3.8
3.7
1.1
2..1
1.8
'223
'80
'574
'467
'153
' 152
'1,420 '1,410
'132
210
60
225
80
220
65
300
122
370
100
375
125
1,010
1,130
360
100
800
1,100
'336
'82
'977
1.2
1.6
478
1.865
1,972
1,848
2,395
1,181
2,243
1, 136
2,050
1,086
1,755
1,127
165. 0
4.7
4 3
1.524
233.0
5.7
4 3
1,997
319.3
5.3
4 0
2.015
283.8
4.9
3 8
1,887
292.6
4.2
3 8
1 678
258. 0
29
32
34
39
40
38
32
31
43
38
5.9
29
48
39
5.4
39
60
52
7.6
39
73
67
10.2
29
72
71
9.6
28
67
59
8.9
27
57
64
9.7
15
41
6.4
12
41
7.5
11
45
6.7
12
47
8.6
13
53
9.9
7
'51
8.8
5
45
8.5
42
2,709
7,161
2.098
5, 063
2,733
7,869
2,230
5,639
2,744
8,170
2,172
5,998
2,890
6, 747
1, 928
4, 819
2,938
7, 765
2, 042
5,723
3, 056
8.119
2. 079
6,040
3,102
7, 737
2 038
5,699
3, 102
7,920
2, 039
5.881
3.0
4 0
1. 107
163.1
3.1
4 1
1,070
172.0
3.6
1.220
186.8
30
29
28
6.3
31
44
38
5.9
29
45
42
6.2
28
42
40
5.7
11
32
5.6
46
39
5.9
15
37
6.9
2,644
7,808
2, 062
5, 746
957
2
4.1
432
2
2,113
2
M18
450
163
2 2, 200
1,200
1, 542
42
45
1.1
1.5
1.7
414
1, 157
1,333
4.2
18
2.2
'3.5
'3.8
2 2, 408
1,261
3.4
18
38
443
493
2 1, 667
4.1
3.7
2.0
4.0
4.0
1.2
2.0
2, 559
662
1,445
3.5
4.0
2.0
3.3
1.4
3.7
3.7
.8
2.3
'27
3 190
4 680
541
2
1, 887
FINANCE
BANKING
Open market paper outstanding, end of mo.:
Bankers' acceptances
mil. $__
Commercial and finance co paper, total- do
Placed through dealers
do
Placed directly (finance paper)
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total end of mo
mil. $._
Farm mortgage loans:
Federal land banks
do
Loans to cooperatives
do
Other loans and discounts
do. .
Bank debits:
Unadjusted:
Total (344 centers)
bil. $..
New York City
do
6 other leading centers!
do
Seasonally adjusted:
Tot°l (344 centers)
do
New York City
do
6 other leading centers?
do
337 other centers
-- -__do
Federal Reserve banks, condition, end of mo.:
Assets total 9
-- mil. $
3 2, 650 3 2, 890
33 6, 000 3 6, 747
2, 088 3 1, 928
33,912 34,819
2,658
7,382
2,204
5,178
2, 696
7,542
2,084
5, 458
2,697
7, 239
2,049
5,190
0
712
7, 522
,059
5, 463
9
3 5, 753
3 6, 403
6,143
6,229
6,326
6,408
6,428
6, 430
6,418
6, 366
6,403
6,460
6, 542
6,627
6,727
3 3, 052
3735
3
1,966
33,310
3840
3 2, 253
3, 147
3, 176
3,198
3,218
3,280
3,291
702
3, 259
3,310
745
3,240
3,333
3,364
3 406
711
3,445
2,351
701
2,251
2,479
706
735
848
858
2,482
840
866
2,427
849
2,290
2,217
2, 253
2,261
815
2,436
2,330
2,405
2,496
286.4
118.0
58.5
312.9
129.7
64.6
307.8
126.9
64.1
318.0
133.1
64.4
299.6
125.0
61.7
320.7
129.9
66.8
300.1
119.5
61.9
310.4
130.3
63.1
337.2
136.9
71.3
296.6
116.7
63.8
357. 1
151.0
74.6
360. 8
153. 9
73.5
294.9
121.1
60.5
342.9
145.8
71.1
350.0
148.2
72.8
308.2
125.0
63.8
119.4
309.0
129. 8
62.1
117.1
297.0
121.5
61.6
113.9
320.1
130.3
66.9
122.8
310 2
127.8
63.3
119.2
329 7
140.1
67.0
122. 6
326.7
133.7
69.4
123.6
312 7
125.4
67.3
120.0
333 0
139. 6
69.7
123.7
340 0
143. 7
69.6
126. 6
316 1
129.4
65.5
121.1
331 6
138 1
68.4
125. 1
350 3
146 0
72. 4
131.9
356,020 3 58,028
786
54, 612
54, 207
55, 314
55, 594
55, 042
55, 615
56, 336
57, 848
58, 028
56, 389
56, 928
56, 629
57, 101
57 158
32, 825
153
31,182
15, 595
32, 808
208
31,254
15, 524
33, 804
96
32, 027
15, 457
33.946
338
32,468
15,346
34, 134
389
32,391
15, 291
34, 302
138
32, 563
15, 309
34, 587
332
32, 758
15,310
35, 919
868
33. 667
15, 294
36,418
63
33, 593
15, 237
34, 643
364
32, 752
15, 231
35, 274
570
33, 169
15, 185
35,314
130
33, 770
15, 190
35,115
116
33, 169
15, 195
36, 066
226
34, 229
15 176
56,020 3 58,028
54,612
54, 207
55, 314
55, 594
55, 042
55, 615
56, 336
57, 848
58, 028
56, 389
56, 928
56, 629
57, 101
57 158
318,722 s 18,391
Deposits, total 9 _
do
Member-bank reserve balances
_ do. _ 317,454 317,049
330,643 3 32,877
Federal Reserve notes in circulation... _ do
18, 222
16,904
30, 010
17,573
16, 574
30, 303
18, 188
16, 965
30, 670
18,044
16,971
30, 959
17,860
16, 782
31, 178
18, 093
16, 772
31, 265
18, 187
16, 922
31, 472
18, 200
16, 952
32, 290
18, 391
17,049
32, 877
18, 120
16,983
31,988
18, 532
17, 146
31, 899
18, 258
17, 060
32, 088
17, 913
16, 629
32, 177
18 232
1 6, 890
32,411
Reserve bank credit outstanding, total 9 -do
Discounts and advances
_ ..
do
U.S. Government securities
do
Gold certificate reserves
do
Liabilities total 9
do
333,902 336,418
338
363
3
30,82() 3 33,593
315,696 3 15,237
3
Ratio of gold certificate reserves to deposit and
32.4
32.3
31.6
FR note liabilities combined
percent.. 331.8 329.7
J
' Revised.
v Preliminary.
Quarterly average.
2
Excludes persons under extended duration provisions (thous.): 1963—Apr., 34; May, 60;
June, 60; July,
45; Aug., 38; Sept.,
36; Oct., 31; Nov., 20; Dec, 9; 1964—Jan., 3; Feb., 2; Mar., 1;
3
4
Apr.,32.
End of year.
Revisions for Jan.-Mar. 1963 (units and order as above):
Stoppages, 230; 198; 214; workers, 68; 53; 40; stoppages, 366; 323; 348; workers, 175; 109; 90;
man-days, 2,240; 1,000; 984.
t Re vised back to 1951 to incorporate adjustments as follows: Enlargement of sample;
updated seasonal factors; new weights for component indexes based on labor force in cities
31.3
30.3
31.2
31.0
30.8
29.7
30.4
30.2
30.0
30.1
30.3
covered; and shift of index base to 1957-59=100. Monthly data (1948-62) appear on p. 24 of
the Mar. 1964 SURVEY.
0 Re visions back to 1959 are available.
fSee corresponding note, bottom p. S-13.
§ Wages as of June 1, 1964: Common labor,
$3.213; skilled labor, $4.728.
cf Insured unemployment as % of average covered employment in a 12-month period.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
End of year
S-17
1963
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
BANKING— Continued
All member banks of Federal Reserve System,
averages of dally figures :
Reserves held, total
mil.$ _
Renuired
do
Excess
do
Borrowings from Federal Reserve banks.. -do
Free reserves do
Weekly reporting member banks of Fed. Res. System,
condition, Wed. nearest end of y r - or mo.:
Deposits:
Demand ad justed o*
_
__mil. $__
Demand total 9
.-do
Individuals, partnerships, and corp
do
States and political subdivisions
__do __
U S Government
.do
Domestic commercial banks
do
Time, total 9
._
do
Individuals, partnerships, and corp.:
Savings
__do
Other time
do
Loans (adjusted) total o*
do
Commercial and industrial
_
do
For purchasing or carrying securities
do
To nonbank financial institutions.. _ _ d o
Real estate loans
do
Other loans
do
Investments, total
do
U.S. Government obligations, total
do
Notes and bonds
do _
Other securities
do
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas, adjusted:
Total loans and investments©
bil. $_.
Loans O
._
_ _ d o __
U.S. Government securities
do
Other securities
__do_ _
Money and interest rates: §
Bank rates on short-term business loans:
1
20, 746
J
201 21 0
536
1327
!209
19, 572
19, 138
434
121
313
19, 679
19 223
456
209
247
19, 729
19, 355
374
236
138
20, 020
19 537
483
322
161
19,719
19 256
463
330
133
19 945
19 533
412
321
91
20 003
19 596
407
313
94
20 114
19 705
409
376
33
20 746
20 210
536
327
209
20 675
20 248
497
256
171
20 148
19 753
395
304
91
20,213
19 856
357
259
98
r
20, 273
r
!9r 898
162
20 225
19 887
339
255
84
65, 843 67, 844
102, 109 104,335
71, 531 74, 513
5,125
5,338
4,749
4,556
14, 321 13, 320
50, 386 59, 227
63, 699
95,172
67, 004
5,993
4,957
11,414
53, 751
61,143 60, 954
90,176 95, 198
64, 260 65, 724
5, 399
4,992
4, 537
6, 879
10, 753 11, 995
54, 538 54, 910
63, 281
92, 818
66, 795
4, 968
4,920
10. 874
55, 581
61, 528
88, 012
64, 024
4.715
3,759
10, 710
56, 326
61, 885
95, 237
66, 320
4,902
6 229
12, 270
56, 711
63 809
90, 875
67, 322
4,762
2,304
11 452
57, 553
63, 950
93, 771
69, 001
5,060
2,714
11,569
57,951
67, 844
104,335
74, 513
5,338
4. 556
13 320
59, 227
64, 940
90, 224
67, 605
4,926
1, 545
10 739
60, 276
62, 565
90, 575
65, 460
5,188
3,755
10 810
60 930
62, 532
95,811
66, 659
5,349
5,130
12, 192
61,446
63, 959
91,232
66, 813
5, 529
2,948
10,464
62, 223
61,318
91,199
64,160
5,211
5,007
11,190
63, 096
35, 822
10, 679
82, 961
35, 297
5,644
6. 745
16,237
23, 100
47, 929
30, 689
24,311
17, 240
36,048
11,175
82, 280
35, 028
4,931
6, 623
16,537
22,817
47, 563
29, 966
24, 047
17, 597
36,518
11, 234
84,311
35, 391
5, 359
7,306
16, 829
22, 743
47, 991
29, 789
24, 253
18, 202
36, 741
11, 691
84, 384
35,014
5,328
7,624
17, 030
23, 283
47, 601
29, 099
23, 894
18,502
36, 896
12. 181
84, 502
35. 204
5,044
7,447
17,269
23, 496
46, 624
27, 683
23, 724
18,941
37, 342
12 013
87 366
36, 145
6, 229
7,731
17, 455
23 647
47, 618
28, 367
23 400
19, 251
37 534
12 639
86 598
36 296
5, 407
7 243
17,651
24 097
47 156
27, 990
23 150
19 166
37, 699
12 796
88 578
37, 254
5,852
7 226
17, 846
24 874
46 720
27, 926
23 328
18 794
38, 083
13 310
92 901
38 793
6,621
8 595
17, 880
23 809
48, 404
29, 018
23, 127
19, 386
38, 131
14 0^7
89 122
37 195
5,929
7 339
17, 991
24 606
46, 746
27, 759
22 362
18, 987
38 ^91
14 390
89 875
37 590
5,695
7 511
18 161
24 664
46 972
27, 591
93 260
19 381
38, 704
14 418
92 002
38, 308
6,033
8 179
18, 366
25 939
46 371
26, 870
22 680
19, 501
38,437
14 950
92, 208
38, 057
5,952
7,881
18, 520
r
26, 029
46, 472
26, 713
22 752
19, 759
38,719
15 456
93 641
38 226
6, 597
8 007
18 710
26 013
46 109
26, 577
99 535
19 53°
232.5
137.4
63.9
31.2
234.8
138.9
64.2
31.7
240.3
141.8
66.0
32.5
237.8
142.4
62.4
33.0
238. 5
142.5
62.1
33.9
240.7
145.0
61.7
34.0
r 246. 5
r61.3
34.9
rr 246. 0 ' 249. 2 ' 253. 2
151.0 * 152. 4 r 154. 3
r
r
60. 3 r 6 1 . 5
63. 5
34.7
35.4
35.3
250.9
155.3
60.0
35.6
252. 8
156. 7
60. 3
35. 8
5.00
4.76
5. 04
5.29
4.99
4.77
5. 02
5.29
3.50
120,040
119,468
1572
1304
1268
34, 920
9,221
82, 947
35, 351
5,928
7, 365
15, 519
22, 812
48, 147
32, 369
24, 514
15, 778
228.1
134.7
64.3
29.1
38, 083
13 310
92, 901
38, 793
6,621
8, 595
17, 880
23, 809
48, 404
29, 018
23, 127
19, 386
r
r
246. 5
150.3
61.3
34.9
r
r
241.0
146. 1
60. 4
34.5
r
r
244.0
148. 5
'61.1
34.4
r 150.
3
r
375
213
2 5. 00
24.78
25.01
2 5. 32
2
3.00
3 4. 05
5. 56
3.50
3 4 26
3 5. 50
3.00
4.10
5.50
3.00
4.09
5.50
3.00
4.10
5.50
3.50
4.16
5.50
3.50
4.28
5. 50
3.50
4.44
5.50
3.50
4.50
5.50
3.50
4.51
5.50
3.50
4. 53
5. 50
3.50
4.54
5.50
3.50
4.62
5.50
3.50
4.63
5.50
3.50
4. 70
5.50
3
5 84
3
5 98
Existing home purchase (U S avg )
do
Open market rates, New York City:
3
3.01
Bankers' acceptances (prime. 90 d a y s ) . _ _ d o
3 3. 36
3 3. 26
3 3. 55
Commercial paper (prime. 4-6 monthsK-do
33.07
Finance Co. paper placed directly, 3-6 mo.^do
3 3. 40
34. 50 3 4. 50
Stock Exchange call loans, going rate
do
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent.. 3 2. 778 33. 157
33.57 33.72
3-5 year issues
do
Savings deposits, balance to credit of depositors:
N.Y. State savings banks, end of yr. or mo-_mil. $__ 23,917 25, 693
452
539
U S postal savings \
do
5 84
5.99
5 82
5.95
5 82
5.94
5 82
5.93
5.82
5.93
5.81
5.94
5.82
5.93
5.82
5.97
5.80
5.98
5.83
5.98
5.81
5. 95
5.79
5.94
5.79
5.92
3.13
3.32
3.17
4.50
3.13
3.25
3.15
4.50
3.24
3.38
3.21
4.50
3.41
3.49
3.35
4. 50
3.59
3.72
3.57
4.50
3.63
3.88
3.63
4.50
3.63
3.88
3.72
4.50
3.71
3.88
3.75
4.50
3.63
3.96
3.84
4.50
3.70
3.97
3.82
4.50
3.75
3.88
3.76
4.50
3.75
4.00
3.83
4.50
3.80
3.91
3.80
4.50
3. 75
3. 89
3. K\
4.50
2.909
3.56
2.920
3.57
2.995
3.67
3.143
3.78
3.320
3.81
3. 379
3.88
3.453
3.91
3. 522
3.97
3.523
4.04
3.529
4.06
3. 532
4.02
3. 553
4.15
3.484
4.18
3.482
4.07
24, 360
499
24, 489
493
24, 763
484
24, 777
478
24, 862
472
25, 154
466
25, 236
461
25, 368
456
25, 693
452
25, 940
447
26, 089
436
26,411
430
26, 421
425
26,585
63, 164 69, 890 63, 167 64, 135 64, 987
Total outstanding end of vear or month
mil $
48, 034 53, 745 48, 806 49,484 50, 307
Installment credit, total
_ do
19, 540 22, 199 20, 376 20, 794 21, 236
Automobile paper
do
12,605 13, 766 12, 197 12, 272 12, 422
Other consumer goods paper
___do
3,246
3, 389
3,281
3, 200
3,245
Repair and modernization loans
do
12, 643 14,391 13, 033 13, 173 13, 368
Personal loans
do
By type of holder:
41, 782 46, 992 43,149 43, 723 44, 373
Financial institutions, total
-do
19, 005 21,610 19, 882 20 229 20, 602
Commercial banks
do
12, 194 13, 523 12, 506 12, 583 12, 693
Sales finance companies
do
5, 622
4.902
5, 034
5, 139
5, 251
Credit unions
do
4,590
4, 131
4,174
4 241
4 191
Consumer finance companies
do
1, 647
1,550
1,586
1,553
1,581
Other
do
6, 753
6, 252
5,934
5, 761
5, 657
Retail outlets, total
_
..do
3,427
3,
013
2,
686
2, 925
2 797
Department stores
do
1, 086
1,073
994
992
997
Furniture stores
do
328
345
324
319
331
Automobile dealers
do
1,912
1,821
1, 655
Other
__
__
do
1, 651
1,681
15, 130 16, 145 14, 361 14, 651 14, 680
Noninstallment credit, total
do
5,959
5, 456
5, 562
5,709
5 674
Single-paymen t loans, total
. __
do
5,047
4,690
4,793
4,836
4,893
Commercial banks
__.do
912
766
Other financial institutions
do
816
769
838
r
Revised.
1
2
3
Average for Dec.
Quarterly average.
Monthly average.
cfFor demand deposits, the term "adjusted" denotes demand deposits other than domes tic commercial interbank and U.S. Government, less cash items in process of collection;
for loans, exclusive of loans to domestic commercial banks and after deduction of valuation
reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
65 491
50, 894
21, 593
12, 459
3,316
13, 526
66. 308
51, 526
21, 819
12, 607
3, 357
13. 743
66, 538
51, 718
21, 725
12, 702
3,377
13, 914
67, 088
52, 257
21,971
12, 845
3, 400
14,041
67, 746
52, 695
22, 107
13,046
3,407
14, 135
69, 890
53, 745
22, 199
13, 766
3, 389
14, 391
69, 203
53,597
22, 189
13, 638
3,354
14,416
68, 786
53, 552
22, 271
13,467
3,335
14,479
68, 913
53, 795
22,471
13,451
3, 321
14, 552
69.816
54,382
22, 830
13,476
3,328
14, 748
44, 878
20, 874
12, 807
5, 330
4 276
1,591
6, 01(5
2,999
994
343
1, 680
14, 597
5, 683
4,874
809
45, 375
21, 101
12, 906
5,412
4,329
1,627
6, 151
3, 107
1, 004
341
1, 699
14, 782
5,789
4,879
910
45, 687
21, 145
13, 073
5, 458
4,381
1,630
6, 031
3, 025
1,009
321
1, 676
14, 820
5,844
4,927
917
46,161
21, 391
13, 187
5,529
4,425
1,629
6, 096
3,077
1,015
325
1, 679
14, 831
5 830
4,952
878
46, 462
21,486
13, 302
5,569
4,461
1,644
6,233
3,172
1, 032
326
1,703
15,051
5,894
4,987
907
46, 992
21,610
13, 523
5, 622
4, 590
1, 647
6, 753
3,427
1, 086
328
1,912
16, 145
5,959
5, 047
912
47,300
21,630
13, 840
5,584
4, 592
1,654
6,297
3,063
1,065
328
1,841
15, 606
5,900
4,991
909
47, 454
21, 799
13, 788
5, 607
4, 595
1,665
6, 098
2, 949
1,047
330
1,772
15, 234
5 958
5,036
922
47, 653
21,919
13, 802
5,668
4,597
1,667
6,142
3,044
1,022
334
1,742
15,118
6 002
5, 076
926
48, 191
22, 224
13,893
5, 776
4, 628
1,670
6,191
3 106
1,013
340
1,732
15,434
6 048
5, 152
896
New York City
7 other northern and eastern cities
do
do
Discount rate, end of year or month (N.Y.F.R.
Bank)
_ _ percent..
Federal land bank loans
do
Home mortgage rates (conventional 1st mortgages) : *
3
5 01
4.81
5.01
5.30
5 01
4.78
5.01
5 32
5 01
24.79
2
5. 01
2 p; go
CONSUMER CREDITJ
(Short- and Intermediate- term)
9 Includes data not shown separately.
©Adjusted to exclude interbank loans.
§ For
bond yields, see p. S-20.
*New series (FHLBB); data prior to Dec. 1962 not available.
KData are as of end of
consecutive 4-week periods ending in month indicated, except June figure which is as of June
30 (end of fiscal year). JUnadj. data revised back to 1962; seas, adj., back to 1960. Revisions are available as follows: 1962 unadj. data in the Nov. 1963 Federal Reserve Bulletin;
1960-62 seas. adj. data on p. 28 of the June 1964 SURVEY.
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through 1%2
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 I 1963
Monthly
average
June 1964
1963
May
Apr.
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
CONSUMER CREDIT*— Continued
Total outstanding, end of year or month— Con.
Noninstallment credit — Continued
Charge accounts total
_rnil. $_„
Department stores
do
Other retail outlets
do
Credit cards
-- - -- do
Service credit
-do
Installment credit extended and repaid:
Unadjusted:
Fxtended total
Other consumer goods paper
Allother
Repaid total
Automobile
paper
Othe r consumer goods paper
Ml other
Seasonally adjusted:
Extended total
\utomobilc paper
Other consumer goods paper
Allother
Repaid total
Automobile paper
A IT of]-]pr
do
do
do
-- do_ __
do
do
do_ _.
5,684
927
4, 252
505
3,990
5,871
895
4, 456
520
4. 315
4,581
603
3, 505
473
4,218
4,793
610
3,699
484
4,184
4,783
599
3,689
495
4,188
4,760
555
3,682
523
4,154
4,839
579
3,713
547
4,154
4,833
620
3,667
546
4,143
4,898
639
3,743
516
4,103
4,999
667
3,817
515
4,158
5,871
895
4,456
520
4, 315
5.339
782
4,014
543
4, 367
4,805
655
3,590
560
4,471
4,634
614
3,485
535
4,482
4,833
610
3,667
556
4,553
4, 594
1, 050
1,307
1, 637
4,218
1,456
1,245
1, 517
5. 068
1,834
1.417
1.817
4.593
1,613
1,320
1.659
5, 332
2,072
1.355
1,905
4, 601
1, 626
1 , 307
1,668
5, 294
2, 067
1.386
1,841
4, 616
1,649
1,311
1,656
5,222
1,967
1,410
1,845
4,399
1. 525
1 , 260
1,614
5, 365
2, 055
1.393
1.917
4, 778
1, 698
1,356
1,724
5,242
1,839
1, 456
1,947
4,610
1.613
1,308
1. 689
4, 755
1,524
1,384
1,847
4, 563
1,618
1,289
1. 656
5, 487
2,040
1,547
1.900
4,948
1,794
1,404
1 , 750
4,981
1, 734
1,517
1,730
4,543
1 . 598
1.316
1 . 629
5, 974
1, 767
2,094
2.113
4.924
1,675
1,374
1.875
4,784
1,689
1, 380
1,715
4, 932
1,699
1 . 508
1.725
4, 552
1,686
1,212
1,654
4, 597
1. 604
1,383
1,610
5, 322
1.983
1,488
1,851
5,079
1,783
1,504
1, 792
5, 578
2,127
1,495
1, 956
4,991
1 , 768
1,470
1,753
5. 008
1,870
1 . 359
1,779
4,487
1 , 585
1,276
1,626
4, 985
1,847
1, 357
1,781
4. 544
1,611
1,294
1,639
5, 054
1,820
1,408
1,826
4, 568
1, 588
1,317
1.663
5. 100
1, 854
1.409
1.837
4, 591
1,603
1.330
1.658
5, 100
1 , 802
1.441
1,857
4,619
1,607
1,326
1,686
5, 093
1 , 730
1.425
1 , 938
4, 752
1, 659
1,347
1, 746
5,311
1,910
1 , 457
1.944
4, 780
1, 676
1,362
1, 742
4.979
1,792
1,432
1 , 755
4, 596
1 , 638
1.324
1,634
5 272
1. 914
1 . 523
1,835
4. 812
1,707
1,384
1,721
5. 276
1,888
1,493
1.895
4. 848
1, 684
1.441
1. 723
5, 421
1, 953
1,578
1,890
4, 84'>
1,716
1, 395
1 731
5, 480
1,942
1,665
1, 873
4, 956
1,735
1 468
1 753
5, 371
1.961
1,544
1 . 866
4. 959
1,759
1 453
1 747
11,652
4,423
9, 549 10, 740
2, 102 —6,318
9,617
9,812
-194
10, 503
6,628 11, 5?5
10. 069
9,393
9,848
433 -3. 219 2,132
12.168
9, 390
2,778
8,334
10, 163
1,829
do
do__ _
do
do
- do
do
do
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public:^
4, 693
7,248 11,323 13. 980
850
9.381
Receipt^ from
- mil. $__ 8,
9.472 10,045
9,989
9.669
9, 763
Payments to
__ -- __do_ _ _ 9,323
—472
—5.
353
1,334
4.
508
—2,
421
-382
Excess of receipts, or payments (— )
do
Seasonally adjusted quarterly totals: §
27, 800
"Receipts
do
r
^8 500
Payments
do
'-700
Excess of receipts, or payments (— )
do
Budget receipts and expenditures:
13,
996
4,871
8.544
8,983
11,132
9, 523
Receipts, total
-do
3. 547
7, 059
6, 953 12,061
5. 735
7.293
Receipt^, netf
-do
95
117
103
106
110
105
Customs
do
4, 340
5. 305
1. 676
5. 344
6,293
4, 525
Individual income taxes
do
5,511
1,821
574
551
443
1,897
Corporation income taxes
do
1,108
1.340
537
940
2, 664
1,346
Employment taxes
do
1,
745
1
612
1
6^6
1,
967
1
598
1
650
Other internal revenue and receipts
do
7,715
7,
659
7.
470
7,
863
7,590
7,849
Expenditures, totall
do
796
865
882
823
823
852
Interest1 on public debt
do
442
435
385
468
367
439
VeterPT ^' services and benefits
do _ _
4,
425
4,
616
4.178
4,
488
4,522
4,414
National defense
do
2
,
052
1,
886
2,579
1,727
1,886
2.189
All other expenditures
do
Public debt and guaranteed obligations:
1
303.
47
303.
17 305. 20 305. 86 304. 84
1309.35
Gross debt (direct), end of mo., total
Ml. $..
9.977
7. 290
108
5, 785
386
2. 064
1,633
8. 305
850
466
4, 469
2. 572
11.722
10,095
104
5, 350
3, 603
1,098
1 567
7, 815
856
438
4,215
2.334
306. 54
301.95 300. 94
257. 1 5 257. 21
13.20
13.40
44. 80
43.72
3.90
3.91
302. 52
257.01
13.21
45. 52
4.01
In terest ben ring total
Public issues
-
do
do
1 299. 21 1305.21
1 255. 78 1261.56
i 11. 99 i 14 14
i 43. 43 i 43. 66
* 4.26
14.13
Special issues
do
Noninterest bearinsr
do
Guaranteed obligations not owned by U.S. Treas1.52
i .74
ury end of month
- bil $
U.S. savings bonds:
i 47. 87 i 49. 03
Amount outstanding, end of month
do
.36
.40
Sales, series E and H
do
.47
.42
Redemptions
_do
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies §
bil $
Bonds (book value), domestic and foreign,
total
bil $
U S Government
do
State county municipal (U S )
do
Public utility' ( U S )
do
Railroad ( U S )
do
299. 19
257. 58
12.56
41.60
3.98
301. 19
257. 62
13.37
43. 56
4.02
'28. 500
30 400
r
-l ,900
'29,700
'30,500
'29,000
r
30 000
-•-1,000
r
-800
6. 580
5.853
12, 235
8,047
13, 961
10, 148
3. S73
583
404
1, 619
8.492
925
481
4. 348
2, 819
6, 975
451
2, 835
1, 887
7, 521
880
450
4, 3G5
1, 946
3,991
6, 654
1, 579
1,629
7.871
907
455
4, 378
2, 143
9, 559
6, 609
109
5, 895
684
1, 106
1, 765
7,930
895
415
4,561
2, 075
310. 36
309. 59
307. 60
311.53
306. 13
263. 25
14.39
42. 88
4.22
305. 40
262. 18
14. 23
43.22
4. 18
303. 38
261.38
13.93
42.00
4.22
307. 21
262. 18
4,371
3,400
123
1,651
557
468
1 , 571
8,776
865
463
4,710
2, 750
8,911
7, 131
106
5, 541
396
1.440
1 428
7, 784
'863
454
4,081
2,386
10, 379
8,803
103
3, 582
3,726
1,147
1 890
8, 289
903
455
4. 515
2, 442
306. 64
306. 44
308. 22
309. 35
308. 58
302. 66
258. 01
13.48
44.65
3.97
302. 46
259. 18
13.76
43.28
3.98
304. 09
260. 54
14 01
43. 55
4.12
305. 21
261. 56
14. 14
43.66
4.13
304. 50
262. 58
14. 44
41. 92
4. 08
r
r
r
45.03
4.32
.56
.58
.61
.65
.67
.69
.71
.72
.74
.76
.79
.82
.80
.80
48.29
.41
.45
48.40
.41
.41
48.47
.35
.40
48. 58
.41
.44
48.70
.40
.39
48.74
.35
.42
48.82
.39
.42
48.93
.33
.34
49.03
.36
.39
49. 11
.47
.53
49.21
.41
.43
49.26
.40
.48
49.30
.38
.45
49.37
.37
.41
i 133.29
135. 61
136. 24
136. 70
137. 67
138.36
138. 76
139. 61
140 21
140 90
141.87
142. 53
143. 07
i 63. 72
16.17
14.03
U6.51
i 3. 48
i 28. 64
64.95
6.01
4.04
16. 51
3. 52
29.44
65.17
5. 85
4.00
16.52
3.51
29. 65
65.23
5.76
3.98
16.52
3.50
29.77
65. 58
5.84
3. 95
16.49
3.48
30.07
65. 72
5.81
3.94
1 6. 49
3.48
30.23
65.79
5.82
3.89
16.46
3.47
30.33
66.08
5.83
3.89
16.47
3.46
30.62
66. 36
5.79
3.89
16. 48
3. 45
30.98
66. 10
5.76
3.88
16. 43
3.43
30.94
66. 63
5.78
3.86
16. 44
3.42
31.41
C6. 79
5.80
3. 86
16.42
3.42
31. 46
66.76
5.73
3. 85
16.44
3.41
31.51
5. 45
2.28
3. 08
48. 66
45. 03
4.26
6.51
1.26
5.94
5. 50
2.29
3.11
48. 96
45. 29
4.31
6.55
1.25
6.07
5 56
2.30
3.17
49.23
45. 52
4.34
6. 58
1.34
5.92
5.56
2.29
3.18
49.54
45.80
4.36
6.62
1.34
6.11
5 58
2 31
3.18
49.81
46. 06
4.37
6.65
1.32
6.11
5 68
9 34
3. 25
50 54
46. 75
4.35
6.69
1.44
6.10
5. 74
2.35
3.29
50. 83
47.01
4.37
6.73
1.28
6.29
2.35
3.32
51. 13
47.27
4.38
6 77
1.27
6.43
5.85
2.36
3.39
51.44
47.52
4.39
6.82
1.28
6.53
798.3
352. 3
63. 9
13. 5
80. 3
150. 1
138.2
780.6
343.8
64. 7
12.7
62.3
154.1
143.0
798.5
324.6
63.8
12.6
71.9
143.7
181.9
860.7
368.1
70.6
13.1
76. 0
149.4
183.5
731.3 1,083.0
307. 5
369.7
67.4
73.1
11.5
14.8
71.9
74.4
127.1
163. 5
145.9
387.5
885.8
400.3
78.7
12.6
93.2
151. 5
149.5
838.2
364.6
72.1
12.1
77.4
146. 6
165. 4
938.0
397.6
81.3
13.8
82.5
167.3
195.5
Stocks (book value), domestic and foreign, total
5.38
5.45
5.38
i 6. 30
bil $
2. 26
2.25
2.27
12.18
Preferred (U S )
do
14.03
3.04
3. 03
3.10
Common ( U S )
do
48.42
48.16
146.90
47.
91
Mortgage loans, total
do
44. 62
44.83
44. 41
i 43. 50
Nonfarm
do
4.21
4.24
4.20
i 4. 11
Real estate
do
16.23
6.40
6.44
6.36
Policy loans and premium notes
do
1.21
1.21
i 1.46
1.18
Cash
do
5.70
5.63
5.71
i 4. 57
Other assets
do
Payments to policyholders and beneficiaries in
777.1
827.6
834. 4
835.7
824.9
U S , total
mil $
323.2
325. 0
350.7
357.1
367.1
Death payments
do
59.5
67.4
69.4
65.9
67.3
Matured endowments
do
13.6
12.4
11.8
12.9
12.6
Disability payments
do
69.8
73.9
73.5
75.1
73.3
Annuity payments
.
do
147.7
154.2
155.0
147.8
149.1
Surrender values _ _ __
__ _ _
do
165.0
159.1
159.4
200.3
180.4
Policy dividends
_
do
r
l
Revised.
*> Preliminary.
End of year; assets of life insurance companies are
annual statement values.
JSee similar note on p. S-17.
cf Other than borrowing.
§ Revisions available upon request are as follows: Net cash transactions with the public
(seas,
adj.),
1962-lst
qtr.
1963;
assets
all
life
insurance
cos.,
Jan.-Mar. 1963.
10,960
11, 287
—328
1
IData for net receipts and total expenditures reflect exclusion of certain interfund transactions.
SURVEY OF CUEEENT BUSINESS
June 1964
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
S-19
1964
1963
May
Apr.
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:
Insurance written (new paicl-for insurance) :
Value estimated total!
mil. $..
Ordinary!
do
Group and wholesale
do
Industrial
do
6, 631
4,686
1 . 358
587
7,303
5,213
1,506
583
7,787
5,341
1,814
632
7,577
5,532
1.406
639
7, 045
5, 123
1,334
588
7, 047
5, 123
1,367
557
6,958
5,084
1,295
579
7,215
5,033
1,594
588
8,171
5,920
1,621
630
7, 413
5,469
1,352
592
9,067
5,998
2. 546
523
6, 794
4.999
1,295
500
7, 405
5, 252
1, 550
603
8,393
6, 051
1,726
616
8,928
6,212
2,118
598
1.052
778
155
120
1,125
842
167
116
1,096
828
163
105
1,120
840
166
114
1,072
811
159
102
1,127
853
166
108
1,127
847
174
106
1.066
799
160
106
1,154
876
170
108
1,065
811
150
105
1,351
929
205
217
1. 168
889
173
106
1,152
878
164
110
1,179
897
177
105
1,157
879
176
102
Gold and silver:
Gold:
Monetary stock. U.S. (end of yr. or mo.) .mil. $.. 115,978 U5, 513
-21
-66
"N^pf- release from earmark!
do
31,747 16.982
"Exports
thous $
3.701
12,
578
Imports
do
15, 877
-27
338
1, 382
15. 797
—62
140
9, 140
15,733
-39
15
2,062
15, 633
-169
189
9.769
15, 582
-44
83
7, 566
15, 582
-3
56, 286
1,321
15, 583
107
28, 139
1,749
15, 582
-23
28, 416
2,094
15,513
94
28, 142
2, 489
15, 512
55
56, 294
2,404
15,462
15
84, 438
2,011
107,500
74. 400 80, 000
12, 100 11, 600
4, 500
79, 100
11,800
3,600
80, 600
12, 400
80, 100
11,600
81, 600
10,900
81. 700
11,700
80,900
11,500
82, 000
12, 200
81, 600
11,700
78, 600
10, 800
10,700
9,800
(«)
10, 300
1,262
do
6,208
__
do
3
dol. perfineo z _ _ 1. 084
3,480
5,910
1.279
3, 327
4, 606
1.273
2,711
6, 527
1.279
2, 618
6, 854
1.277
265
6,013
1.290
1,624
4, 865
1.288
2,945
6,798
1.293
5, 756
7,178
I! 293
11,439
4. 658
1.293
3, 780
6.433
1.293
5, 230
6, 638
1.293
7, 010
6, 189
1.293
4,623
6, 007
1. 293
2.556
3, 437
* 3, 029
2,487
3,286
3,843
2, 393
3. 009
4.103
2,672
3, 351
4, 286
2,408
3, 195
3. 346
2,216
3,587
3,806
2.908
3. 350
3, 328
2, 285
3, 245
3.707
2, 707
2,542
3, 218
2, 890
3. 489
3, 682
2. 263
3,373
3, 593
' 2, 524 1,952
3. 321
3, 924
4, 150
3, 000
3, 776
37. 7
34.6
35.1
35.5
35.7
35. 8
35.9
36 9
37.2
37.7
36.2
36.3
36.8
36.9
5 5146. 0 * 150. 6
30. 1 5 531.6
119.0
5115.9
5
91. 0 6 105. 3
« 5. 8
»6.0
149. 5
30. 9
118. 6
102. 9
4.2
147.3
31.1
116.2
104.0
7.0
148.2
31.4
116.7
105.0
7.4
149.4
31.8
117.6
106.0
7.7
149.1
31.9
117.2
107. 3
6.2
IcO. 5
32.0
118.6
108.1
6.5
152. 5
32.1
120. 4
109. 3
5.2
154. 8
32. 6
122.2
110. 0
4.3
157. 4
33.1
124. 3
110.8
5. 1
158. 0
32.4
125.6
112.9
4.1
1 54. 1
32.3
121.8
114.3
4.7
153. 3
32.6
120.7
115.5
6.0
155. 6
32.7
122. 9
116.4
4.2
152. 7
33. 0
119.7
117.8
6.8
149.4
31.2
118.2
102. 6
149.4
31.3
118.1
103.7
149.8
31.6
118.2
104.5
150. 7
31.6
119.1
105. 5
1 50. 5
31.8
118.8
106. 7
150.9
31.8
119. 1
107. 6
152.1
32.0
120.1
108.9
153.4
32.3
121.1
110.7
153. 5
32.4
121.1
111.8
154.8
32.5
122.3
113.7
154.4
32.7
121.7
114.8
154.8
32.9
121.9
115. 8
- 155. 4
33.0
-122.4
116.2
Ii4 9
33. 3
121.7
117.4
44. 3
82.2
44.1
29.6
44.2
85.0
43.1
29.1
42.5
79.3
42.7
28. 1
45.8
85.1
46.8
30.3
44.9
88.9
44.2
29.5
46.8
96.9
46.7
29.9
46.2
87.2
48.4
30.1
43.6
80.7
46.0
29.0
46.3
89.0
47.5
29.8
47.1
92.1
47.8
30.6
44.8
86.2
45.4
29.5
46.7
91.6
46.9
30.1
49.1
95.5
49.3
31.6
Premiums collected:
Total life insurance premiums
Ordinary
Group and wholesale
Industrial
do
do
__ _ do
do
MONETARY STATISTICS
Production world total
South \frica
Canada
United States
Silver:
"Exports
Imports
_
Price at New York
Production:
Canada
.
TVTexico
United States
do
do
do
do
thous.fineoz
do
-_
do
dirrencv in circulation end of yr or mo
hil $
Money supply and related data (avg. of dailyfig.):
Unadjusted for seas, variation:
Total money supply
_
bil. $
Currency outside banks
do _
Demand deposits
do
Time deposits adjusted^
do
TT S Government deposits
do
Adjusted for seas, variation:
Total money supply
T)emand deposits
Time deposits adjustedl-
-
15, 463
2
11
* 35. 3
do
do
...do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (344 centers)
ratio of debits to deposits..
New York City
do
6 other centers cf
-do
337 oth^r reporting centers
do
15,461 -15,462
109
49
28, 334
2,357
44.3
84.8
44.6
29.0
41.5
77.8
41.2
27.7
[
1
i
1
1. 293
r
1. 293
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
6 4, 430
Net profit after taxes, all industries
mil. $
6342
Food and kindred products
do
688
Textile mill products
do
Lumber and wood products (except furniture)
641
mil. $
6
157
Paper and allied products
do
6560
Chemicals and allied products
. ... do
6
809
Petroleum re fining' _ . _ _ _ _
-do___
6145
Stone, clay, and glass products
do
6133
Primarv nonferrous metal
___ do
e 180
Primarv iron and steel
_ _ _
do
Fabricated metal products (except ordnance,
6
152
machinerv, and transport, equip.)
_ mil. $
6327
Machinerv (except electrical)
do. _
6305
Elec. machinery, equip., and supplies
do
Transportation equipment (except motor
6110
vehicles, etc.)_ _ _ _
_.
mil. $
e 572
Motor vehicles and equipment
do
6508
All other manufacturing industries
do
62,320
Dividends paid (cash), all industries
do
Electric utilities, profits after taxes (Federal Re6513
serve)
mil. $
Transportation and communications (see pp. S-23
and S-24).
6
4, 871
6362
6
88
5, 213
356
90
4,785
417
97
5 461
397
103
5,121
341
85
6 62
158
607
- 958
* 148
6
141
6 234
68
164
674
865
219
149
321
96
153
606
938
204
129
184
55
194
636
1.117
145
160
265
61
162
630
1,022
70
174
262
e 167
«358
179
417
326
202
362
312
171
353
370
152
416
323
« 111
'11• 640
510
129
751
503
114
365
607
109
807
570
111
822
489
2, 467
2,371
2,164
3, 131
498
529
532
f
6
f
6
6
546
2,410 -
-
660
SECURITIES ISSUED
Securities and Exchange Commission: J
Estimated gross proceeds, total.- .
By type of security:
Bonds and notes, total
Corporate.
_
Common stock
Preferred stock
mil. $
' 2, 496
2.635
2,927
2,783
5,054
2,089
1,980
1,673
2,977
2,117
2,352
2. 521
2.711
2,687
4,942
-747
832
1,244
906
1,133
- 109
85
191
78
75
'35
26
29
17
38
E
2
Revised.
1 End of year.
Estimated; excludes
U.S.S.R., other Easten European
3
countries, China Mainland, and North Korea.
Effective Aug. 1962 for sil er in commercial bar form (priced H cent higher than on former basis; 4/io cent higher effecl ve Nov.l5,
1962).
4 Based on refinery production (U.S. Bu. of Mint data); not comp
later figuresf shown, which are from3 Amor. Bu. of Metal Statistics.
"> Aver
figures.
Quarterly average.
Jan.-Mar. 1964 total: $243,000 thous.
1, 989
710
65
35
1,880
656
61
39
1,586
784
81
5
2,852
992
91
34
1, 958
732
106
do
do
do
do
2,312
2,229
1,376
53
30
2,482
2,022
2,121
4,866
2. 3fiO
1,933
3,503
2,031
863
621
812
714
95
1.342
SO
87
27
8
22
3
^Revisions will be shown later as follows: Insurance written (total and ordinary),
1962-Jan. 1963; securities issued, 1961-62.
§Or increase in earmarked gold (-).
f Time deposits at all com mercial banks other than
those due to domestic commercial banks and the U.S. Govt.
cf Includes Boston, 1 'hi Indelphia, Chicago, Detroit, San Francisco, and Los Angeles.
SURVEY OF CURRENT BUSINESS
S-20
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1963
Monthly
average
June 19G4
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commissiont— Continued
Estimated gross proceeds— Continued
By type of issuer:
Corporate total 9
mil $
Manufacturing
do
Extractive (mining)
- do
Public utility
do
Railroad
_
do
Communication
do
Financial and real estate
do
1,020
295
18
222
36
91
260
1,049
156
16
434
11
72
274
1,340
248
3
283
84
357
226
1,246
239
83
413
77
66
285
810
330
4
191
26
92
93
756
279
13
124
8
97
161
871
287
6
79
51
40
358
1,116
247
18
278
17
46
453
891
226
17
174
27
16
345
1, 459
531
2
203
44
65
426
985
166
54
137
30
159
335
710
128
10
161
35
84
113
805
165
30
195
24
36
329
2,175
171
25
172
48
1,376
266
1, 604 1,615
716
601
713
842
1,879
716
915
1,443
409
902
3,808
2, 252
1,072
1,279
413
789
1,224
398
726
802
347
452
1,861
394
1,282
1.226
333
688
853
357
483
1.497
474
1.006
1,312
413
810
1,316
399
844
2,691
1,444
1,205
'875
1,007
1,034
1, 323
1,230
797
745
862
1, 101
879
1,444
972
702
796
2,156
'687
'471
'216
63
'126
749
450
299
127
130
812
529
283
104
118
830
498
332
419
74
783
512
271
217
230
588
374
214
121
89
566
269
297
107
71
730
373
357
67
65
912
368
544
88
100
606
354
252
61
212
1.098
674
424
30
316
845
473
372
43
85
523
330
193
17
162
677
341
336
42
77
2,008
1,744
264
45
103
713
397
842
457
915
962
902
206
1,072
544
789
392
726
567
452
283
1,282
427
688
613
483
259
1,006
267
810
470
844 ' 1,204
'816
593
i 461
Cash on hand and in banks
_. - mil.$_. 1405
i 4, 149 1i 5, 541
Customers' debit balances (net)
do
1
1,210
1,216
Customers' free credit balances (net)
do
1
4, 481
i 2, 820
Money borrowed
do
415
4, 553
1,201
3,272
418
4,762
1,166
3,688
407
4,930
1,149
3,953
423
4,920
1,126
3,865
406
5,057
1.093
3. 956
431
5,356
1,180
4,169
423
5,524
1,176
4, 251
478
5,621
1,211
4,485
461
5,541
1.210
4,481
464
5,546
1,262
4.251
465
5,405
1.199
4,191
474
5,387
1,231
4,156
458
5,531
1,165
4,428
Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility, and railroad (Al-f- Issues):
Composite (19 bonds) d*~-dol. per $100 bond-Domestic municipal (15 bonds)
do
'892
'271
'17
'235
'19
10-9
'158
'
Noncorporate, total 9
do
U.S. Government
do
State and municipal
do
New corporate security issues:
Estimated net proceeds total
- --do
Proposed uses of proceeds:
New money total
do
Plant and equipment
do
Working capital
do
Retirement of securities
do
Other purposes
do
State and municipal issues (Bond Buyer) :
Long-term
do
Short-term
. do ...
638
514
SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members Carrying
Margin Accounts)
U.S. Treasury bonds, taxable f
do
Sales:
Total, excl. U.S. Government bonds (SEC) :
A l l registered exchanges:
Market value - _mil. $
Face value
do
New York Stock Exchange:
Market value
do
Face value
do
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $_.
Yields:
Domestic corporate (Moody's)
percent..
By ratings:
Aaa __ __
__ _
do
Aa
do
A . _.
do
Baa
_
do
By groups:
Industrial
do
Public utility
. do _
Railroad _
do _
Domestic municipal:
Bond Buyer (20 bonds). __
_
do
Standard & Poor's Corp. (15 bonds)
do
U.S. Treasury bonds, taxable©
.do
96.2
112.1
96. 8
111.3
97.4
113.1
97.1
112.6
97.1
110.7
96.6
110.3
96.5
111.4
95.9
110.7
95.9
109.9
95.9
108.5
95.4
109. 5
95.3
111.2
95.7
112.3
95.2
109.9
94.6
110.3
94.7
111.6
86.94
86.31
86.63
86. 66
86.36
86. 16
86.45
85.77
85.50
85.03
84. 64
84.42
84.60
84.10
83.84
84. 38
144. 14
148. 83
145. 04
137. 82
139. 00
139.12
151.22
151.22
126. 55
127. 69
116. 30
113. 84
128.95
120.99
120. 86
113.87
131.47
121.30
162. 77
158. 36
322. 41
240. 58
286. 79
253. 71
230. 97
213. 65
253. 06
240. 93
288. 43
228. 37
138. 80
143. 27
138. 94
132. 17
133. 39
132. 71
142.52
142.91
119. 48
122. 36
110. 37
109. 00
123.41
116.29
113.14
107.96
122. 60
114.33
158. 16
153. 92
317.40
235. 87
280. 62
248. 73
226. 21
209. 23
244. 06
232. 30
282. 05
222.06
121.21
123. 61
124. 31
126. 28
104.26
95.87
106. 74
94.41
107. 04
173.13
234. 32
284. 85
226. 12
212. 95
226. 94
200. 45
4.62
4.50
4.47
4.47
4.47
4.49
4.50
4.52
4.52
4.54
4. 55
4.56
4.55
4.56
4.58
4.59
4.33
4.47
4.65
5.02
4.26
4.39
4.48
4.86
4.21
4.35
4.46
4.87
4.22
4.36
4.46
4.85
4.23
4.36
4.45
4.84
4.26
4.39
4.47
4.84
4. 29
4.40
4.48
4.83
4.31
4.41
4.50
4.84
4.32
4.43
4.51
4.83
4.33
4.44
4.54
4.84
4.35
4. 46
4.54
4. 85
4.37
4.49
4.56
4.83
4.36
4. 46
4.56
4.83
4.38
4.47
4.56
4.83
4.40
4.49
4.59
4.85
4.41
4.50
4.60
4.85
4.47
4.51
4.86
4.42
4.41
4.65
4.40
4. 39
4.63
4.40
4.39
4.63
4. 40
4.40
4.61
4.43
4.42
4. 62
4.45
4.42
4.63
4.46
4.44
4.65
4.47
4.44
4.66
4.47
4.45
4.68
4.48
4.49
4.68
4. 50
4.51
4.68
4.48
4.51
4.67
4.49
4.51
4.67
4.53
4.53
4.69
4.54
4.53
4.69
3.14
3.18
3.18
3.23
3.11
3.11
3. 16
3.15
3.22
3.27
3.12
3.29
3.15
3.22
3.19
3.27
3.24
3.32
3.31
3.41
3.26
3.34
3.13
3.23
3.17
3.17
3.32
3.32
3.26
3.29
3.16
3.21
3.95
4.00
3.97
3.97
4.00
4.01
3.99
4.04
4.07
4.10
4.14
4.15
4.14
4.18
4.20
4.16
Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. $__ 215,076
2
16, 188 1,038.5
409.7 2,321.1 1,081.5
454.3 2, 230. 6 1,071.4
2 2, 360 2 2, 487
27,823 28,510
2
582
2549
203.3
353.3
13.9
197.1
92. 2
145^0 1, 546. 4
112.2
4.5
220. 7
355.5
15.5
96.0
233.1
170.1 1. 406. 0
2.8
110.0
216.9
358.4
15.1
480.7 3,316.7 1, 187. 5
124.8
305. 1
449.2
165.6 2, 164. 8
346.2
3.4
18. 1
175. 1
594.7 2, 377. 0 1,131.1
209 3
240.2
221.2
170.8 1, 542. 9
353. 3
2.2
110.6
18.2
454.2
do
do
do
do
do
do
do
do
2
1,456
21,411
21,773 21,900
2377
2353
2
642
2606
2232
2201
239. 6
131.0
20.2
60.2
17.0
3.6
127.8
5.5
22.4
8.7
102. 8
212.2
59.2
61.3
29.9
258.4
133.9
16.7
64.2
16.6
3.0
131.9
8.7
32.2
9.6
120. 1
215.1
56.4
62.1
27.8
244. 5
134. 9
21.2
62.9
17.5
3.2
136.7
6.2
30.4
10.4
124.2
216.8
87.6
62.4
36.6
247.0
135. 0
26.4
90.2
19.5
3.0
140.1
8.8
47.7
12.8
109.6
223.8
62.4
57.4
30.1
289.4
140.1
23.8
66.7
18.4
3.5
137.5
5.7
23.7
11.4
6.42
6.98
3.21
3.50
4.46
5.84
6.26
6.76
3.16
3.42
4.45
5.84
6.40
6.97
3.16
3.48
4.45
5.84
6.40
6.97
3.21
3.48
4.45
5.84
6.41
6.97
3.21
3.48
4.45
5.84
6.41
6.97
3.23
3.48
4.45
5.86
6.41
6.97
3.30
3.49
4.45
5.86
6.51
7.10
3.30
3.60
4.45
5.86
6.80
7.39
3.32
3.60
4.51
5.86
6. 82
7.41
3.33
3.67
4.51
5. 86
6.89
7.52
3.33
3.67
4.54
5.86
6.91
7.55
3.34
3.70
4.55
5.90
6.93
7.56
3.38
3.72
4.55
5.90
6.95
7.58
3.38
3.72
4. 55
5.90
6.97
7.61
3.38
3.72
4.55
5 90
Price per share, end of mo. (200 stocks) $ ..do
177.87 202. 32 201.02 204. 25 198. 62
Industrial (125 stocks)
.do
189. 95 218. 24 216. 41 221.41 214.45
Public utility (24 stocks)
do.... 91. 50 102. 79 102. 94 103. 80 102.10
Railroad (25 stocks)
do
63.39
77.98
78.49
82. 68
82.42
r
2
Revised.
i End of year.
Annual total.
t Revisions for 1961-62 will be shown later.
9 Includ ?s data not sho\\~n sepanitely.
c? Number of bonds represent number currently u sed; thec,hange iii the nuinber doe s not
feffect the continuity of series.
.198,29
,!14. 19
102. 44
78.81
Finance
Manufacturing
.
Mining._
Public utilities:
Communications
Electric and gas
Railroads
_ _ _ _ _ __ __
Trade
Miscellaneous
Dividend rates and prices, common stocks
(Moody's) :
Dividends per share, annual rate (200 stocks)
dollars..
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do__.
Bank (15 stocks)
do
Insurance (10 stocks)
do
5.99
6.43
2.97
3.36
4.30
5.31
207. 81 206. 58 214. 67 211.74 216. 57 222. 47
225.11 223. 69 231 19 228. 76 234. 99 241. 38
107. 57 105. 14 102. 53 100. 82 102.31 103. 69
82.73 79.11 78.73 80.68 84.06
84.81
[Prices a re derive d from a^7erage yi slds on b asis of ani
OFor bo ads due Dr callab' ein 10 y 3ars or m ore.
104.0
164.5
3.9
225. 21 227. 79 229. 62 232. 35
246. 19 250. 46 251. 53 255. 45
104. 23 103. 13 104. 00 104. 11
87.99
88.26
88.66 94.99
assume d 3 percc nt 20-ye ar bond.
SURVEY OF CURRENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
S-21
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Feb.
Jan.
Mar.
Apr.
May
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody's):
Yield (200 stocks)
percentIndustrial (125 stocks)
___do
Public utility (24 stocks)
do __
Railroad (25 stocks)
- do
Bank (15 stocks)
do
Insurance (10 stocks)
_ do
3.37
3.39
3.25
5.30
3.31
2.48
3.17
3.20
3.12
4.46
3.15
2.51
Earnings per share (indust., qtrly. at ann. rate;
pub. util . and R R . , for 12 mo . ending each qtr .) :
Industrial (125 stocks)
dollars-- m.io
24.73
Public utility (24 stocks)
do
25.73
Railroad (25 stocks)
do
112.43
24.99
26.29
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)
percent-
3.11
3.12
3.07
4.39
3.15
2.42
3.13
3. 15
3.04
4.21
3.14
2.50
3.22
3.25
3.14
4.22
3.22
2.55
3.23
3.25
3.13
4.42
3.12
2.54
3.08
3.10
3.00
4.21
3.02
2.48
3.10
3.12
3 14
4.41
3 12
2.57
3.03
3.03
3.22
4.57
3.08
2.52
3.21
3.23
3.29
4.46
3 25
2.61
11.05
4.91
6.37
12. 95
4.87
5.23
3.15
3 15
3 25
1.37
3 17
2.57
3.10
3 12
3 21
4 33
3 13
2 52
3.03
3.01
3 25
4.20
2 99
2.46
3.00
2 98
3 25
3 92
2 94
2 45
4.34
M.37
4.41
74
03
09
55
282. 93
812. 18
139 25
191. 97
286. 09
820. 94
139 02
196. 15
289. 33
823. 12
140 86
202. 08
3.07
3.07
3 20
4.21
3 14
2 48
3. 04
3.02
3 28
4.21
3 02
2.49
13.75
5 03
6 81
14 45
4 99
6 29
r
4.50
4.30
4.31
4.29
4.29
4.34
4.30
4.30
4.26
4.28
4.32
4.31
221. 07
639. 76
121.75
132.61
253. 67
714. 81
138. 36
165. 30
249. 58
707.12
137.57
158.36
256. 36
720. 84
140. 30
167. 48
257. 30
719. 14
139. 86
171.89
252. 72
700. 75
138. 73
170. 62
257. 69
714. 15
142. 83
172. 93
262. 53
738. 52
142 74
172. 71
262. 16
747. 52
138. 68
170. 41
261. 09
743. 24
137.59
171. 16
266 33
759. 94
137 77
176 16
272. 31
776. 62
140 19
180 93
62.38
69.87
68.76
70.14
70.11
69.07
70.98
72.85
73.03
72.62
74.17
76.45
77.39
78.80
79.94
80.72
65.54
58.15
54. 96
59.16
30.56
73.39
63.30
62.28
64.99
37.58
72.17
62. 07
60.29
64. 64
36.25
73.60
64.43
62.18
65.52
38.37
73.61
64.03
62. 32
64. 87
39. 34
72.45
61.82
61.41
64.47
38.75
74.43
63.30
63.45
66.57
39.22
76.63
64.96
66. 45
67. 09
39.00
77.09
65. 57
67.09
65. 55
38.31
76. 69
66.45
66.44
64. 81
38.60
78.38
68. 54
66.38
65. 64
39 92
80.85
71.89
67.36
67.26
41.00
81.96
72 92
68.11
67 20
41. 54
83.64
75.48
70.15
66. 78
42.88
84.92
76. 52
70. 93
67. 30
43.27
85. 79
76. 50
72.67
67. 29
44. 86
33.75
66.19
57.43
36.75
74.81
63.38
35.96
74.66
64.18
36. 68
75. 65
63.78
37.01
75. 85
62.76
36. 87
75.29
62. 58
37.76
76. 82
63.61
38.33
77.31
64.96
37.04
76.05
63.79
36.67
75.24
63.00
36 29
75.37
63.73
37 60
77. 39
65.46
37 06
75.90
66.19
38 49
76. 90
67.06
39 20
77.17
67.07
39 88
77. 66
67. 62
4, 561
139
5, 359
153
5,485
160
5,592
169
5,036
149
4, 533
132
5,033
144
6,093
170
7,049
184
6,003
149
6,156
169
7 649
200
5 317
140
6 401
' 185
6 982
210
3,945
99
4,574
113
4,794
121
4,849
126
4,279
107
3,827
96
4, 215
102
5,161
123
5,943
136
5,082
111
5,154
123
6 149
145
4,280
102
5 325
137
5 933
156
80
96
107
105
91
76
92
107
122
94
99
117
88
114
124
99
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value all listed shares
bil. $__ 339. 29 386. 63
7,906
Number of shares listed
millions.. 7,464
383. 59
7, 793
389. 90 383. 00
7,881 7,923
382. 21
7,952
400. 96
7,972
396. 24
8,010
407. 24
8,029
401. 60
8,042
411 32
8,108
42? 51
8,183
428 42
8,214
436 79
8,301
441 72
8,378
447 62
8,480
Prices:
Dow-Jones averages (65 stocks)
_
Industrial (30 stocks)
Public utilitv (15 stocks)
Railroad (20 stocks)
Standard & Poor's Corporation :cf
Industrial, public utllitv, and railroad:
Combined index (500 stocks)
1941-43=10—
Industrial, total (425 stocks) 9
do—
Capital goods (122 stocks)
do
Consumers' goods (188 stocks)
do
Public utility (50 stocks)
do
Railroad (25 stocks)
do _
Banks:
New York Citv (10 stocks)
do
Outside New York City (16 stocks)
do
Fire and casualty insurance (22 stocks)!- -do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
mil $
Shares sold
millionsOn New York Stock Exchange:
Market value
- mil. $__
Shares sold (cleared or settled)
millions-Exclusive of odd-lot and stopped stock sales
(N.Y. S.E.; sales effected)
millions-
4.31
276
793
140
184
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value t
Exports (mdse.), incl. reexports, totalf
Excl. Dept. of Defense shipments
Seasonally adjusted
mil. $.. 1, 806. 0 1,934.0 2, 057. 6 2, 168. 0 1, 865. 6 1, 818. 0 1, 903. 2 1, 823. 5 2, 079. 8 2, 104. 5 2. 155. 4 2,117.5 2, 091. 5 2,179.3 2, 206. 7
1, 745. 4 1, 857. 3 1, 968. 3 2, 074. 6 1, 779. 2 1,713.6 1, 810. 7 1, 765. 5 2, 023. 0 2, 028. 5 2 092. 3 2, 025. 0 1 994 5 2 127 2 2 120 4
do
_
_ _
Northern North America
Southern North America
South America
81.8
343.7
39.8
543.5
82.4
398.1
43.6
589. 0
96.1
402.5
42.7
630.8
91.8
398.3
49.6
659.2
77.2
347.5
44.3
553.8
87.4
395.2
41.6
494.7
78.6
401.7
42.3
561.3
79 1
381 2
40.7
544 8
79 3
442.4
44.8
658.8
92 6
438 0
55.8
671 6
95
489
52
678
319.4
130.7
167.7
343.2
142.2
152.6
344.0
150. 6
180.7
394.4
156.4
191.1
371.0
138.0
146.2
329.9
136. 3
141.8
328.7
140.2
156.2
349.1
142.9
131.1
405.9
154.5
149.9
359.2
152. 6
171.9
355. 4
147. 1
170.5
339.6
149.4
156.2
341 6
149.7
147.3
407 2
161 2
161.3
19.6
18.6
17.5
23.0
30.3
23.3
25.7
20.8
19.8
21.3
15.1
22.6
13.8
23.9
16.0
24.8
16.2
24.5
13.6
26.4
17.7
29.8
13.4
26.1
22.8
29.7
21.2
30.5
do
do
do _
_ _ _ do
34.2
55.8
23.7
36.5
67.0
32.3
37.7
66.7
43.0
38.9
71.0
30.6
38.5
58 6
22.0
33.5
70 7
24.5
34.1
62. 1
37.3
32.2
60 6
36 9
37.7
72 8
47.8
50.0
76 5
25 6
45.4
98 7
45 5
37.6
80 2
25 5
6.2
40.8
70 2
21 3
58
47.6
67 5
15 7
61
do
do
do
9.9
22.4
117 9
8.8
26.9
141.5
7.6
26.7
129.3
8.2
29.4
134 2
8.6
21.6
113 7
6.0
25.7
136 8
4.8
26.2
144 7
10 9
24 1
139 4
7.8
35.5
152 7
12 8
99 9
173 9
79
29 3
168 8
12 8
30 2
184 6
6 7
29 9
166 0
4 0
29 3
174 6
do
do
do
48.9
.1
90.0
56.5
.5
92.0
57.6
.2
90.6
56.6
1.1
90.3
59.0
(3)
88.1
38.3
.2
75.8
51 1
(3)
(3)
90.9
88.4
63 5
.1
98 2
64 1
19
103.9
64 7
2 3
103 0
84 2
32
97.6
66 0
35
97 8
71 4
18
112 3
do
do
do. _ _
do
do
__do
do
By leading countries:
Africa:
United Arab Republic (Egypt Reg.)..-do
Republic of South Africa
do
Asia; Australia and Oceania:
Australia, including New Guinea
India
Pakistan
Malaysia©-Indonesia
__
Philippines. _ .
Japan
1, 912. 7 1, 892. 6 1, 784. 7 1.823.0 1, 894. 6 1, 979. 6 1, 946. 4 I, 944. 6 2, 049. 4 2, 037. 3 2 028 7 2 077 5 2 046 0
do
By geographic regions: A
Africa
__
Asia
Australia and Oceania
Europe
-
Europe:
France
East Germany
West Germany
73.4
64.1
Italy
_
_.
do
84.2
82 3
77.5
1.7
2.1
Union of Soviet Socialist Republics
do
1.3
.8
1.8
United Kingdom.—
do
89.6
96.8
71.4
92.0
93.9
r
Revised.
*» Preliminary.
1 Quarterly average at annual rate.
2 For 12 months
3
ending Dec.
Less than $50,000.
cfNumber of stocks represents number currently used; the change in number does not
affect continuity of the series.
9 Includes data not shown separately.
t Revised series; former series covered fire insurance only.
52.7
86
449
48
695
2
4
6
1
95
420
47
702
6
1
4
0
93
406
54
738
2
8
0
2
72 9
74 4
75 2
68 6
80 9
70 8
73 9
3.6
.6
1.7
8.3
29 3
1.6
55 3
130.7
104.3
123 9
114.5
122.9
125.6
121.7
^Revisions for various periods prior to Feb. 1963 will be shown later.
^Includes grantaid shipments under the Dept. of Defense Military Assistance Program, as well as economic
aid shipments under other programs.
AExcludes "special category" shipments.
©Country designation established Jan. 1964.
70 9
2.8
80.4
80 5
2.2
87.1
6
7
7
9
SURVEY OF CUERENT BUSINESS
S-22
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
June 1964
1963
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued f
Exports (mdse.), incl. reexports— Continued
By leading countries— Continued
North and South America:
Latin American Republics, total 9
Brazil
Chile
Colombia
Cuba
Mexico
Venezuela
Exports of U.S. merchandise, total
319.4
343.2
344.0
394.4
371.0
329.8
328.7
349.1
405.9
359 1
355 4
339 6
341 6
407 1
do
270.3
262.8
300.5
315.6
255.4
249.6
263.9
241.1
267.9
286.2
278.5
269.8
261.7
285. 3
-do
__do
do
do_
do
do
31.6
35.4
14.2
18.9
1.1
67.1
39.2
15.7
31.4
13.5
20.0
3.0
68.9
42.3
16.9
57.8
13.2
22.0
7.5
74.0
40.1
24.4
43.6
16.9
24.1
11.1
73.3
51.4
15.1
28.0
15.4
19.5
15.6
27 7
14.2
21 0
3.7
66.4
34.9
14.4
29.0
14.5
22.6
(J)
65.1
44.1
10.3
20.5
12.6
18.4
(i)
70.7
41.2
15.2
21.7
13.0
22.6
0)
78.1
46.5
17.2
30.9
15 1
21.7
18.8
29.3
14.4
24.6
15.1
32.4
13.1
20.4
(i)
72.5
43 6
19.5
23.1
12.2
19.8
C1)
76.6
40.5
17.3
26.5
13.0
20.6
do
-- do
Animal and vegetable oils and fats* _ _ d o __.
Cotton unmanufactured
do
Fruits vegetables and preparations
do_ _,
Grains and preparationst
- -do
Meat and meat preparations*.
__ __do
Tobacco and manufacturesA
-- do
o
75.3
48 3
0)
69.4
49.7
200.4
199.1
234.8
175.6
139.8
103.9
308. 3
259.5
1,259.6 1,102.7
214.7
189.4
124.8
273.6
1,107.6
186.7
220.9
138.8
278.6
1,205.7
419.5
465.4
499. 7
505.4
26.1
44.8
35.8
171.4
11.8
40.9
26.6
48.9
37.2
191.7
12.3
43.6
36.0
41.2
31.6
232.4
10.1
36.5
32.8
42.8
38.6
241.1
11.8
33.1
1,444.7 1,531.0
212.2
158.8
124.0
300.2
1,084.1
412. 9
410.6
408.7
433.7
552.6
574.5
588.1
542.2
525.3
530.8
521.1
23.4
34.5
39.0
172.2
11.4
39.5
26.0
25.9
37.6
179.7
10.6
35.0
26.4
36.7
33.9
156.3
11.7
44.7
32.1
41.9
37.0
162. 3
13.0
64.2
28.9
50.9
50.0
211.2
16.4
73.0
20.7
67.8
40.0
220.9
17.3
60.1
25.4
86.1
37.4
247.7
13.8
55.4
26.6
79.0
32.2
234. 1
16.8
38.0
27.8
74.9
33.7
226.3
16.0
37.0
33.1
64.4
33.3
238.2
14.5
30.0
20.9
51.7
28.4
245. 0
12.6
30.5
215. 5
237.9
284.9
207.6
272.7
222.9
281.6
247.4
221 4
228.3
232.5
166. 7
232.6
209.7
227.6
227.4
135.8
122.2
132.6
131.9
137.3
134.9
135. 1
127.7
326.4
323.4
296.5
297.1
289.5
270.0
285.0
300.7
1,020.1 1,132.3 1,149.9 1,185.1 1, 187. 4 1, 188. 5 1,245.3 1,271.8
r
1,364.1
1,637.5
1,427.9
1,386.6
1,470.5
1,368.1
Automobiles parts and accessories
do
Chemicals and related products!
do
Coal and related fuels
__ -do
Iron and steel prod. (excl. adv. mfs.)...do
115.2
149.3
32.0
50.9
125.5
2 161.9
40.2
57.4
124.1
161.0
36.3
58.7
129.0
179.0
47.2
65.0
119.1
158.3
42.0
56.0
107.1
163. 1
37.0
61.6
112. 7
176. 3
53.8
62.6
115.3
162. 1
53.3
56.5
146.1
175.0
50.5
64.0
165.3
169.9
46.0
60.6
159.7
165.4
37.8
64.8
148.2
171.1
33.9
63.1
151.6
172.3
31.6
61.8
Machinery total §9
do
435.1
453.4
490.5
518.5
461.8
431. 0
446. 0
411.1
462.7
477. 1
491.7
486.8
510. 4
Agricultural
do
Tractors parts and accessories __ _do
Electrical
do
Metal worklng§
_ _ __ do
Other Industrial
do
13.2
30.3
105.9
44.5
208.1
15.2
35.2
113.4
37.0
216.5
19.2
39.6
119.1
43.9
235. 4
19.3
38.4
126. 3
44.5
253.4
19.2
38.5
111.9
34.7
224.0
18.4
33.0
104.2
31.2
211.2
16.6
36.5
111.7
29.0
212.9
10.6
31.2
108.9
34.6
199.4
11.7
41.1
114.0
38.1
218.0
11.4
36.9
124.2
37.5
228. 4
12.7
39.6
122.5
42.2
236.8
15.8
39.2
125. 6
39.1
226.2
20.1
36.5
132.7
42.1
238.4
36.8
57.3
41.0
57.8
46.1
60.3
42.7
62.2
37.1
57.6
42.6
53.3
41.5
57.8
41.0
55.2
41.1
65.0
39.4
63.2
41.9
62.8
37.7
59.6
35.1
61.5
1,454.2 1,459.9
1,417.2 1,420.2
1,356.5
1,420.5
1,502.6
1,457.5
1,458.3
1,508.3
1,398.5
1,450.4
1,591.3 1,425.1
1,458.8 1,465.3
1,529.9
1,477.7
54.8
252.9
37.1
362. 3
61.4
283.3
53.2
441.8
67.6
306. 4
48.6
370.9
58.4
267. 6
52.9
378.7
74.0
297.8
48.1
466.1
59.5
265. 2
31.6
445. 1
71.0
252.1
43.2
427.6
67.6
283. 0
35.7
400.9
71.4
203. 7
30.5
394.6
305.2
319.4
327. 5
334.7
342.7
Northern North America
do_
123.1
127.4
146.4
144.7
132.2
Southern North America
do
204.2
183.5
198.3
207.7
174.2
South America
do
Bv leading countries: 0
Africa:
2.1
3.2
1.4
1.7
3.9
United Arab Republic (Egypt Reg.)_ .do
21.4
21.6
13.6
28.1
16.8
Republic of South Africa
do
Asia; Australia and Oceania:
24.4
26.6
17.7
18.7
24.1
Australia Including New Guinea
do
24.5
27.9
21.3
25.2
23.3
India
'
do
3.5
5.0
3.8
3.6
3.6
Pakistan
do
Malavsia©
do
11.2
10.1
9.4
9.3
9.7
Indonesia
do
27.4
26.9
29.7
31.8
35.0
Philippines
do
113.2
127.2
116.8
124.8
109.7
Japan
do
Europe:
34.2
37.0
35.7
35.8
36.2
France
_ do
.2
.2
.3
.3
.2
East Germany
do. _
80.1
83.6
86.7
75.1
90.8
West Germany
do
40.4
41.1
37.7
42.6
38.2
Italy
_ - do. _
2.9
1.3
1.4
1.2
1.7
Union of Soviet Socialist Republics
do
99.6
84.6
83.8
89.9
83.2
United Kingdom
do
North and South America:
334.4
319.1
327.4
305.0
342.2
Canada
do
282.2
287.6
298.2
273.7
258.4
Latin American Republics, total 9
do
11.2
15.5
8.9
13.7
8.8
Argentina
do
45.1
46.8
36.0
28.8
36.3
Brazil
_ _do_
12.4
15.9
15.7
18.4
18.4
Chile
do
27.6
21.4
22.9
20.7
Colombia
_. _ do_
12.7
.6
0
Cuba
do
0)
0)
0)
48.2
49.5
55.0
61.3
46. 5
Mexico
do
81.3
77.6
78.1
76.8
Venezuela
_
_
do
75.3
r
2
Revised.
» Preliminary.
* Less than $50,000.
Beginning Jan. 1963, excludes
exports of certain fertilizer materials, coal-tar and synthetic resinous products, chemical
specialties, etc.; in 1962, such exports totaled $52.6 mil.
JSee similar note on p. S-21; for exports, see also note "V' on p. S-21.
9 Includes data not shown separately.
cTData for semimanufactures reported as "special category, type 1" are included with
finished manufactures.
*New series. Data prior to Sept. 1962 may be obtained from Bu.
of Census
reports.
339.2
128. 9
194.7
334. 6
109.1
220.9
301. 4
102.4
236.6
354. 2
115.7
235.1
312.0
114.2
197.5
351.1
140.9
243. 0
307.4
150.4
199.8
301.9
142.2
192.7
1.2
23.3
.5
31.4
1.1
17.8
5.0
18.9
.5
17.4
1.1
25.8
1.0
24.1
1.0
20.3
28.0
26.7
2,9
30.9
25.6
3.3
34.2
21.7
3.2
36.8
25.8
4.0
20.7
22.9
3.7
29.0
21.0
3.7
8.5
35.8
143.3
10.5
44.9
145. 6
8.4
32.5
124.9
9.8
36.9
139.8
9.7
18.0
134.7
8.0
29.9
118.0
27.7
22.3
4.3
14.3
13.4
32.2
130.6
19.2
18.0
2.6
9.9
10.0
15.1
100.6
44.6
.3
92.3
47.0
1.5
100.9
35.8
.2
75.1
46.1
1.8
89.8
31.5
.2
81.1
34.7
4.5
83.8
45.5
.3
92.1
50.2
1.8
106.0
42.0
.2
94.9
46.4
1.2
100.6
37.1
.1
92.2
43.5
.9
91.6
35.9
.3
92.0
36.3
1.2
83.5
35.0
.8
78.7
33.7
2.0
85.3
338.6
272.2
14.5
43.1
14.5
20.7
0)
39.5
76.2
334.3
286.5
16.2
42.6
19.8
28.8
0)
39.4
82.2
300.9
293.6
17.2
56.4
15.9
34.9
354.0
301.3
17.6
53.7
14.6
31.6
0
46.4
73.4
311.7
269. 3
11.0
62.9
11.3
17.5
350.9
332. 9
20.9
67.5
14.0
14.4
0)
55 6
88.1
307.2
294.7
11.6
43.6
16.6
14.2
0)
63 6
85.3
301.8
284. 5
9. 7
38.0
7.4
22.2
(0
59 1
89.3
Petroleum and products
Textiles and manufactures
do
do_
Generftl Imports totalO
Seasonal^ v adlustedO
By geographic regions: O
Africa
Asia
Australia and Oceania
Europe
do
do
- - -
do
do_
do _
do
78.2
48.7
182.6
181.0
113.2
272.3
1,048.0
do
Non agricultural products total 9
0)
1, 783.6 1, 910. 1 2, 030.7 2. 142.9 1, 840.8 1,797.1 1, 879.2 1,801.8 2, 055.6 2, 079. 1 2,131.6 2, 090. 6 2, 063. 0 2,151.3 2,170.3
By economic classes:
186.2
Crude materials
-- do_ _
167.5
Crude foodstuffs
do
Manufactured foodstuffs and beverages. _do_ __ 113.8
Semimanufactures c?
do_ __ 253. 4
1,062.7
Finished manufactures cf
do
By principal commodities:
Agricultural products total 9
(0
70.6
39.6
1,365.8 1,428.5
62.8
246.7
36.6
385.0
64.8
266. 1
41.8
400.8
67.9
269. 9
31.2
412.8
71.7
266. 1
36.3
422.4
1,503.1 1. 504. 6 1,543.5 1. 548. 3 1, 537. 6 1, 620. 5 1. 649. 1
r
149.0
191.9
30.5
67.2
148.7
149.4
34.3
68.7
542. 7
521.5
23.9
123.0
44.4
264.2
23.8
49.8
122.6
39.8
246.1
38.4
70.9
41.8
68.2
r 45. 5
1,446.7 1, 337. 7 1, 592 3 1.562.3
1,421.8 1, 445. 3 1 522 9 1.542.1
89.8
282.9
38.3
456. 1
337. 4
86.9
276.5
33.4
449.3
341.4
' 152 0 162.3
234.9
211.3
3.8
21.1
2.0
21.3
24 8
24.0
32
14 8
15.0
34.9
133.3
18 5
28.1
3.9
10 6
11.7
19.8
143.5
39.5
.7
106.1
40.3
1.0
90.8
43.9
.5
97.9
41.2
.9
94.0
r
337.3
341.3
338.7
314.9
10 8
10 4
60 7
53 8
20.9
17.3
9
23 2
45
(i)
0
0)
(0
37.3
46.6
67 2
71 4
67.2
63.1
87.2
75.7
tRevised to include SITC items classified as "cereals and preparations"; not comparable
with data published in the 1963 BUSINESS STATISTICS and in SURVEY issues prior to Nov.
1963.
AManufactures of tobacco are included in the nonagricultural products total.
§ Excludes "special category, type 1" exports,
OFor certain recent months, the data by regions and countries exclude imports uniden^r
tified by area of origin.
© Country designation established Jan. 1964.
June
SURVEY OF CUEEENT BUSINESS
1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
S-23
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Dec.
Nov.
Feb.
Jan.
Mar.
Apr.
May
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued!
Imports for consumption, total
mil. $__ 1,354.3 1, 417. 8 1,449.6 1,437.2 1,327.8 1,505.3 1,479.1 1,375.1 1,578.3 1, 427. 8 1,511.6
By economic classes:
278.2
281.5
274.0
273.2
266.3 281.0
314.3
260.2
273.3 238.0
284.5
Crude materials
-do
148.0
143.8
137.3
164.0
105.0
128.9
126.6
140.2
153. 3
168.7
158.7
Crude foodstuffs
do
149.3
166.5
153.0
162.0
174.0
184.4
177.3
183.1
Manufactured foodstuffs and beverages.. do
198.2
163.0
197.4
282.4
300.4
312.5
312.0
293.2 317.5 313.6
285 7
326 4
300 4
315 0
496.3
533.2
544.4
546. 9
489.3 593.5
547.2
505. 8
573.0
611.8
556.0
By principal commodities:
322.3 334.8
323.1
348.2
295.6 333.6 345.2
345.4
377.5 319.8 369 4
\griculturalproducts total 9
do
11.1
11.3
17.2
12.1
11.0
8.4
7.5
9.7
9.4
7.2
11 1
Cocoa (cacao) beans incl shells
do
82.4
71.0
79.7
90.1
51.5
89.3
78.4
76.7
100.9
88.8
90.1
Coffee
do
19.0
16.4
19.1
18.0
12.8
16.5
13.5
13.3
15.0
13.6
14.0
Bubber, crude (incl. latex and guayule)— do
48.0
42.0
50.9
46.0
73.0
64.3
62.5
59.7
53.4
31.8
Sugar (cane or beet)
do
68.8
17.4
18.8
18.9
19.7
15.7
22.1
17.2
12.7
16.7
11.9
Wool and mohair, unmanufactured
do
22.9
Nonagricultural products total?
do
Iron and steel prod. (excl. adv. mfs.).-.do
Nonferrous ores,1 metals, etc.:
Bauxite crude *
__do
Aluminum semimfs. (incl. calcined bauxite)*
mil. $..
Copper crude and semimfs.*
__do_- Tin, including ore
do. _.
Paper base stocks
Newsprint
Petroleum and products
do
do_ _
do
Indexes
Exports of U.S. merchandise:
Quantity
Value
Unit value
Imports for consumption:
Quantity
Value
Unit value
..1957-59—100—
--do
do
do
do
do
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):!
Shipping weight
thous. sh. tons
Value
- mil. $_
General imports:
^hiDDinff weight
thous sh tons
Value
*"* "
mil. $
Airborne trade:
Exports (incl.
reexports):!
^liippin0" weight
thous sh tons
Value *""
mil. $
General imports:
Shipping weight
thous. sh. tons
Value
mil $
1,031.9 1,083.1 1,101.4
1,114.1
11.4
56.2
10.7
65. 5
9.7
47.3
1 10.9
59.4
1,032.3 1,171.7 1,133.8
9.5
63.7
7.0
75.3
5.7
71.0
1,464.9 1, 322 3 1,567 3 1 555 3
274.3
246.8
160. 8
133.5
343 0
161.5
105. 5
314 i
553.4
332.7
14.4
87.4
19.4
26.3
19.7
1Q9 2
142.6
343 i
494.5
274.1
20?. 4
150. 7
339 0
601.1
295 4
383 1
362 7
12 5
94 0
13.2
16 5
20.6
15 2
125 7
19.4
37 2
17.4
82
131 8
13.3
32 1
18.3
267.8
602.7
1,029.6 1,200 8 1, 108. 0 1 142 2 1,132 2 1 026 8 1 184 2 1 192 7
1
10.1
59.1
7.9
70.4
6.1
65.3
26 3
54.0
16 3
60.7
13 7
54.1
30 8
59.7
12 0
62.5
10.1
9.5
9.8
10.0
9.4
10.5
11.7
9.8
8.8
8.2
9.4
9.6
11 2
9 5
12 2
14.7
20.8
9.7
16.9
121.6
9.1
16.0
20.2
9.7
18.2
20.1
10.9
21.6
23.8
10.7
24.0
20.2
8.5
18.7
28.3
11.1
17.8
126.1
6.4
17.0
26.1
9.2
17.9
23.3
8.7
17.7
25.1
8.2
17.1
26.1
9.8
14 8
29 5
7 3
17.6
30.6
10.7
17.5
26 1
7.8
28.6
59.9
154.0
28.7
63.1
144.1
32.1
57.1
129.7
30.5
62.5
146.4
28.7
31.9
57.7
57.9
146.5 i 132. 3
34.6
66.5
149.0
31.1
58.1
135.9
32 0
68.0
164.9
31.7
56.8
193.1
31 1
52.4
154. 1
35 4
58.7
158.9
31 9
61. 2
158.1
30.1
30.0
58.0
57.3
147.1 i 149. 1
112
115
102
*120
P123
P102
128
131
102
135
138
102
116
119
102
113
116
102
119
121
102
114
116
'101
130
132
102
131
134
102
135
137
101
'123
117
95
*>127
»122
'131
125
95
130
124
95
'119
114
' 96
'135
'130
96
'132
127
97
123
118
96
141
136
96
127
122
96
132
130
98
^96
11,215
1,165.6
13, 010 12. 625
1, 232. 7 1, 309. 2
17 552
17, 706
1, 033. 2
983.6
15. 128 13. 061 13. 573 14, 846 14, 368 15,070 14, 796 13, 887
1, 390. 4 1.170.6 1,164. 7 1, 219. 2 1,164.3 1, 375. 6 1, 408. 6 1, 450. 0
16, 858 18, 277
1,054.5 1,051.3
18 778 19 493 19 996
982.6 1,116. 0 1, 089. 0
9.1
10.4
9.5
r 124. 3
r 136. 5
r 137. 7
10.3
* 142. 1
9.4
127.0
4.1
59.7
4.7
67.9
4.1
61.3
4.2
61.1
4.0
58.0
'96
'9. 9
119. 8 ' 120. 3
4.5
66.5
4.3
'57.4
18 394 19, 076
1,049.0 1,163.9
10.2
17, 066
17 569
1,032.0 1, 077. 2
r 126. 2
140.4
'10.9
131.5
11.3
111. 9
4.3
67.9
5.4
81.3
5.3
82.8
5.3
89.0
rll.5
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. avg. or total) :
Transport total Q
Passenger
do
do
TT Q mill
vjper ii g e. i
14 4
551 5
1.7
p585 5
thous__ 59, 409
45, 296
do
13, 575
do
63, 828
49 1Q5
14 167
do
v.
.
p
>
Operating results:
Miles flown (revenue)
Express and freight ton-miles flown
At ail ton-miles
flown
Passengers originated (revenue)
Passenger-miles flown (revenue)
Express Operations
Transportation revenues
Local Transit Lines
Fares, average cash rate
Passengers carried (revenue)
Operating revenues (qtrly avg or total)
570 6 p621 9
566.0 f> 61 7. 1
509.8 POO 7.0
37.1 P40.3
do
mil--
mil $
cents
mil
mil $
3,990
2,667
P8 4
295.9
229.2
295 9
20.1
594
20. 5
576
346 5
350.8
653 3
39.1
14 7
577 6
20.2
41.0
14 2
592. 8
27.6
62, 393
46,919
14, 191
4,553
2,986
64, 751
50, 109
14, 249
4,484
2,890
64, 620
47, 334
13, 164
66, 502
46, 151
13, 002
67, 333
51, 894
64, 335
52, 766
5,151
3,431
3,251
3,588
4, 639
3,119
4,966
4,648
13,617 13,043
93.5
27.8
2 9g 6
20.4
610
20.4
620
20.4
550
357. 0
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. avg. or total):
3954
Number of reporting carriers
1,343
Operating revenues, total
mil. $
1,286
Expenses total
do
87
Freight carried (revenue)
mil. tons._
r
Revised.
*> Preliminary.
i Effective
Sept. 1963, data reflect2 adoption of U.S. Tariff3 Schedule and are not entirely
comparable
with earlier figures.
Quarterly average.
Number of carriers filing complete reports for 1962. 4 Reflects substitution of data for one intoa-Alaskan carrier in Feb.
http://fraser.stlouisfed.org/
1964
and.
for
two
such
carriers
in
4th
qtr.
1963
and
Mar.
1964.
Federal Reserve Bank of St. Louis
4
4
4
634 4
62«. 3
561.
9
4
44. 0
4
16 7
4 595 o
4
1 0
648.7
587.3
627.9
569.0
f 15 0
4,548
3,048
632 1
66, 676
57, 797
15, 033
4.917
3,165
62, 455
51, 397
13, 376
4,446
2, 861
96.3
29.9
20.5
533
20.5
534
20.5
560
330.3
65, 758
55 581
19 401
4,732
3,221
66, 274
50, 710
14, 547
4,801
3, 245
4
4
4
62, 863
50 212
14, 051
4
4, 458
4
2, 949
20.7
563
20.7
590
366 8
481
522
488
5,
008
4
3.316
96.8
27 1
105 4
31 3
20.6
630
4
67,
4
54
4
15,
4
20.8
581
20.8
552
20.8
585
21.0
600
\See similar note on p. S-21.
9 Includes data not shown separately.
*New series.
Data prior to Dec. 1962 may be obtained from Bu. of Census reports.
§Excludes "special
category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
JSee similar note on p. S-21.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
June 19G4
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity)— Continued
Freight carried, qtrly. index of volume, class T and
i 120. 3
IT (ATA)
average same period, 1957-59=100
Carriers of passengers, class I (qtrly. avg. or total):
2140
Number of reporting carriers
Operating revenues total
_ -- mil. $.- 131.2
111.8
Expenses, total
do
56.8
Passengers carried (revenue)
mil-Class I Railroads
Freight carloadings (A AH):
Total cars
Coal
Coke
Forest products
Grain and grain products
i°5 4
1 126. 3
6112 5
6 105 9
6
51 4
thous_.
do__ _
do
do
do
2,394
439
30
158
231
2,406
461
32
156
234
Livestock
do
Ore
do ___
Merchandise 1 c 1
__ _ do_ _ _
Miscellaneous
do
Freight earloadings, seas. adj. indexes (Fed. R.):f
Totnl
1957-59 = 100
Coal
-- do
Coke
do
Forest products
__do
Grain and grain products
do
Livestock
-__do_ _
Ore
do ___
Merchandise I c l
-do_ _ _
Miscellaneous
- ---- do _ _ .
17
144
97
14
147
72
1,277
1,289
492
90
81
97
101
67
83
49
94
*93
95
88
96
102
52
84
36
95
2,240 '32 939 3 2 971
423 *• 3 553
s3 571
r 3 44
43
33
3
144 r s 183
182
210 r 3 250 3 268
13
79
73
r
r 3 15
3 234
86
1 266 r 3 l 575
96
96
94
95
109
58
76
39
98
3
3 10
260
84
1 554
3
r3
3
97
101
106
96
109
54
86
38
98
Financial operations (qtrly. avg. or total):
Operatine revenues, total 9 - - - ..mil. $ _ 2, 360. 1 2,389.9 r^6 2,241 2
l 910 2
Freight
_ do _ 1, 997. 8 2, 036. 5
154. 8
147.0 re 141.4
Passenger
do
1,854.3 1,862.9
O^eratin 0 " expenses
do
324.1
325. 6
Tax accruals and rents
_
__do_ _
181.6
201.4 rf> 125 4
"N^pf- i""ii]\vnv oners tin £r Income
do
143.0
162.9
Net income (after taxes)
-do
95
100
107
93
99
49
81
36
97
2 137
300
30
135
229
8
21°
63
39
879
3
582
3
34
3 igq
3 O^Q
3
13
39
60
3
81
1 161 3 i 444
94
100
104
94
86
51
83
36
97
91
99
90
93
97
51
81
34
91
9
Operating results:
Freight carded 1 mile (qtrly.)
Ml. ton-miles 5 151.6 s 158.9
Revenue per ton-mile (qtrlv. avg.) _ ..cents.. M.349 5 1.310
H,976 5 4, 624
Passengers carried 1 mile revenue (qtrly.) mil
127 8
124 0
140
136 9
117.3
57 1
6 141
2 307
464
28
147
900
15
205
64
1 185
91
97
84
95
101
43
87
34
92
3
1 972
417
9
9
130
197
2,045
155
258
2 859
3561
3 35
3
183
3
303
25
183
65
1 331
325
3 157
373
3
1 593
10
55
53
1 081
10
50
51
1,125
93
94
75
98
112
48
81
33
93
92
94
78
96
94
90
84
97
109
50
91
33
96
97
91
89
99
111
50
89
31
101
2 518
474
105
56
104
31
92
473 7
2 118 9
150 9
1 883 2
356
1
9
34 4
188 8
? 398 0
9 035 0
157 1
1 874 1
396 8
197 1
156 1
2 446 6
2 0849
138 6
1 893 5
304 4
948 7
"5 1
165 2
1.310
4,695
158 °
1 312
5 225
163 4
1 300
4 315
415
31
136
227
3
2 645
3
512
3 41
3
196
3
267
3
10
3
75
3
70
3
1 473
97
89
90
106
104
51
93
31
100
2, 105
393
34
154
186
2,202
10
66
54
1,207
10
114
53
1,254
94
90
92
103
93
50
88
28
98
95
93
100
99
92
42
123
28
97
407
35
151
177
3 2 913
•'' 542
345
3 190
^208
3 12
3
3271
3 65
1, 581
96
100
111
102
89
42
104
29
99
2, 362. 4
2, 033. 8
134. 7
182. 5
Waterway Traffic
Clearances, vessels In foreign trade:
Total IT S ports
thous. net tons
Foreign vessels
do
United States vessels
- do
14, 913
12, 066
2,847
15 625
12 784
2 842
14 9°9
1° 067
17 463
14 169
3 294
16 003
13 166
2 837
17 087
13 875
3 212
17, 485
14 331
3 154
16 341
13 486
2' 855
16 531
13 433
3 098
thous. Ig. tons
do
5,490
855
5,454
780
5,379
792
5,721
5,460
5,924
862
5 641
837
5 702
1 000
5, 925
968
5 399
' 722
5 69i
708
5 832
613
6 187
906
6,269
821
965
5, 912
866
Travel
Hotels:
Average sale per occupied room
dollars
Rooms occupied
% of total
Restaurant sales index
same mo 1951 — 100
9.35
9.37
9 67
9.09
9.64
8.75
62
110
54
107
9 60
59
104
10 24
68
109
9 82
58
301
8 90
47
107
9 09
57
105
9 26
60
109
8 87
59
108
9 86
67
116
230
341
136
126
128
295
333
155
131
100
391
283
169
140
78
219
186
144
123
56
2,331
174
146
118
103
40
1,104
158
161
112
116
47
661
173
172
112
87
71
686
179
121
1,000
147
1 276
Panama Canal:
Total
In United States vessels
Foreign travel:
U S citizens- Arrivals __
Departures
Aliens* Arrivals
Departures
Passports issued and renewed
National parks, visits
Pullman Co. (qtrly. avg. or total):
Pflsspn?pr rpvprmps
_. thous .
do
do
do
do
do
61
112
60
109
195
191
125
103
76
2,737
218
216
130
110
88
2,779
726
thous $
12, 076
9 869
63
107
187
212
121
103
139
1,434
835
61
121
189
200
128
108
149
2,082
629
5,082
7,504
7,705
611
10, 477
9
EC
271
9Q7
173
134
65
3 278
16 686
13 618
3' 068
102
81
790
608
10, 457
600
9 288
598
10 065
10, 397
15 454
12 573
2 881
COMMUNICATIONS
Telephone carriers :
792.6
Operating revenues 9
mil $
440.0
Station revenues
do
270.4
Tolls, message
do
468.2
Operating expenses (before taxes)
do
139.6
Net operating income
do
70.8
Phones in service end of year or mo
mil
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
22,010
Operating revenues
__
_ thous. $
20,197
Operating expenses, incl. depreciation, do
582
Net operatinCT revenues
do
Ocean-cable:
3,013
Operating revenues
do
Operating expenses, incl. depreciation _ do. __ 2,542
153
Net operating revenues __
__
do
Radiotelegraph :
4,675
Operating revenues
__do
3,676
Operating expenses, incl. depreciation _ _ d o
816
Net operating revenues
do
845.6
465. 4
289.7
495. 7
152.3
73.7
836.0
462.2
286. 3
492.4
147.9
71.7
853.4
464.5
299.9
502.9
151.9
71.9
836.3
463.8
280.5
478.2
155.5
72.1
849.5
463.1
295.1
486.8
164.2
72.3
23, 902
21, 094
1,680
23, 479
21,289
873
24, 280
21, 867
1,118
23,516
20, 795
1,543
23, 834
21,264
1,348
21,275
3, 065
2, 495
3,041
2.521
3,241
2,599
3,009
2,468
3,201
2,575
212
245
4,862
3,736
5,117
3,926
895
974
219
190
5,077
3,882
982
4,824
3,736
871
305
5,058
3,838
987
r
l
2
Revised.
Annual index.
Number of carriers filing complete reports for 1962.
3
Data cover
5 weeks; other periods, 4 weeks. 4 Based on unadjusted data. *> Quarterly
6
average.
For 1st quarter 1963.
861.4
465.6
304.4
495.1
158.1
72.5
24, 964
844.2
468.0
283.2
489.8
879. 0
862.2
480.6
286.0
523.4
856.8
475.2
286.3
500.5
158.2
72.9
156. 1
73.2
480.0
308.7
539.8
155.4
73.4
150.1
73.7
154.9
74.0
24, 378
20, 700
25, 452
23, 676
20, 603
25, 550
21, 324
24, 449
23, 283
22,213
21,020
2,368
3,663
834
872
2,814
477.3
309.1
881.8
881.1
481.7
305.3
520.2
501.7
163.4
74.2
2, 590
2,597
21,527
2,983
3, 064
2,949
2,330
3,424
2,859
2,950
3,138
2,627
2,186
370
2,271
156
2,284
291
2, 560
509
2,403
99
361
98
5,034
5, 069
3, 822
1,015
3,721
1,096
5,546
4,028
1,333
5,525
5, 654
5, 901
4,158
1,195
4,339
4,448
1,054
1.222
t Revisions for 1962 are in the Aug. 1963 SURVEY.
9 Includes data not shown separately.
5, 505
4,274
998
892.1
485.5
311.2
530. 9
156.0
74.5
25,181
21,715
2,075
3,106
2, 286
475
5, 752
4, 336
1,192
135
2, 267
S-25
SUEVEY OF CUEKENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
1,103 1 148 1 129 1 193 1 070 1 193 1 145 1 126 1 208
Acetylene
.mil. cu.ft
Ammonia, synthetic anhydrous (commercial)
thous. sh. tons.. 484.1 553.8 574.0 598 0 562.4 537 3 528 4 528 4 548 5
85.3
Carbon dioxide, liquid, gas, and solid . __do
88.7
89. 1
90 5
94 8
101 2
93 9
108 5
107 7
428.6
454. 0
Chlorine, gas (100% C12)
do
453. 8
442.3
454 4
454 7
452 2
470 9
469 0
87.7
Q9 g
87.3
90.7
Hydrochloric acid (100% HC1)
do
86 0
85 5
88 1
87 2
88 4
280.8
Nitric acid (100%, HNO 3 )
do
349. 7
335. 1
336 4
338 9
325 5
287.8
372 7
304 0
8,661 1°, 7 fl 8 11 303 11 920 11 ?08 10 685 10 140 10 439 10 960
Oxygen (high purity)
mil cu. ft
Phosphoric acid (100% PjOs)
thous. sh. tons_. 203.9 241.7 257.5 269 1 236.6 204 4 2°9 5 238 6 261 7
Sodium carbonate (soda ash), synthetic (58%
383.9
399 6
390 1
Na2O)
thous sh. tons
381 9
419 8
400 0
375 2
399 3
418 9
10.6
10.9
10.5
Sodium bichromate and chromate
_do
11 6
11 8
8 9
10 7
10 9
11 0
Sodium hvdroxide (100% NaOTT).
do ... 453.6 474.7 463.0 474. 5 473.6 476 8 495 5 472 4 497 8
Sodium silicate (soluble silicate glass), anhydrous
46.1
thous. sh. tons.
46.0
48. 5
45 3
49.3
42 6
36 7
45.7
51 0
Sodium sulfates (anhydrous, refined; Glauber's
salt: crude sal teake)..
thous. sh. tons. . 99.5 100. 5 104.4 107.8
95.4
100.2
97.6
102.6
106.5
1,612.6 1. 709. 8 1 , 767. 8 1,831 3 1, 638 0 1 563 2 1 644 4 1 634 4 1 793 5
Sulfuric acid (100% HaSO4)
do
Organic chemicals, production:*^
Acetic acid (svnthetic and natural)
Acetic anhvdride
Acetvlsalicvlic acid (aspirin)
Creosote oil
mil. Ib
do __
do
mil gal
1 197
1 216
1 154
1 120
1 252
1,233
586 9
80 5
469 0
88 4
405 9
10 899
253 3
607 5
79 2
482 0
87 2
414 6
11 744
253 7
614 8
79 0
466 8
91 2
402 0
12 Oil
267 9
583 8
76 0
456 0
94 8
402 6
12 201
273 5
650.7
82 8
488.6
104 1
420 5
13 367
284.8
636.8
85.0
480.6
104.4
375.1
13, 107
286.5
400 0
11 5
487 9
388 0
11 3
497 3
381 2
9 3
490 2
394 5
10 5
484 2
419 1
11 4
514 3
415 3
11.7
507.3
52 6
42 5
41 4
40 9
53 1
53.7
106.1
107.7
1 789 3 1 852 8
82.2
103.5
2.3
7.6
87.4
105.8
2.4
8.2
85.3
103.4
2.4
8 4
98.1
112.9
2.5
83
87.2
109.7
2.2
9 0
83 1
107.0
2 2
7 4
84 7
103 7
21
88
72
111
2
9
6
6
3
2
95 4
104 6
13.9
DDT
mil Ib
8.5
Ethvl acetate (85%)
do
119.5
Fthvlene glvcol
do
199.8
Formaldehvde (37% HCHO)
do
Glycerin, refined, all grades:
20.8
Production
do
32.7
Stocks, end of month
_
do
Methanol:
.1
Natural
...
mil. gal
28.0
Svnthetic
do
35.6
Phthalic anhydride
mil Ib
ALCOHOL
Ethyl alcohol and spirits:
'52.4
Production
_
__ mil. tax gal
151. 4
Stocks, end of month
do
42.4
Used for denaturation
do
5.3
Taxable withdrawals
do
Denatured alcoh- 1:
22.9
Production
mil. wine gal
23.0
Consumption (withdrawals)
_
do
39
Stocks, end of month,
do
FERTILIZERS
602
Exports, total?
thous.sh. tons .
67
Nitrogenous materials...
do
448
Phosphate materials
_
do
71
Potash materials..
do
14.9
9.2
121. P
212.7
17.2
9.7
117.6
211.5
16 4
8.9
116.6
217 3
15 6
10.8
114.0
203.8
17 7
7 9
118.0
190 7
14
9
127
218
14
8
121
216
3
7
4
4
14
10
132
234
24.8
23. 8
22 0
27.6
25 9
25 5
26 8
25 4
21 5
20 8
25 9
19 1
26 8
15 9
30 2
16 1
.1
29.3
39.5
.1
28 8
39.4
1
29 0
40 0
.1
27 6
40.4
1
26 3
35 6
1
31 7
37 i
1
28 7
41 4
57.7
171.5
44.4
5.3
52.9
163. 3
45.3
5.3
61 4
164.7
47 0
5.7
50.4
170.7
42.7
5.5
58 1
175.7
42 8
4.8
23.9
24.0
3.0
24.5
23.7
3.1
25 3
25 4
3.0
23.0
22.9
3.7
23 1
23 4
33
23 8
24 3
2 8
22 0
22 0
2 8
25 6
25 6
2 8
23 6
24 5
2 0
24 5
23 8
33
625
55
487
59
563
25
493
34
571
80
439
34
636
39
566
23
720
40
547
76
668
60
513
64
696
43
557
81
670
81
487
83
701
64
517
88
166
18
20
39
36
205
21
20
73
34
318
33
31
125
35
242
18
33
66
66
147
15
13
24
62
127
12
13
58
13
232
18
6
75
46
207
19
21
111
14
244
21
188
27
197
227
490
216
49
150
290
161
258
239
'377
'205
'428
'246
'456
r 247
Imports, total semimanufactures* 9
Ammonium nitrate
Ammonium sulfate
Potassium chloride
Sodium nitrate
do
do
do
do
do
Potash deliveries (K»O)
do
Superphosphate and other phosphatic fertilizers
(100% P3O5):
Production
_
__thous. sh. tons
Stocks, end of month
do
••235
'425
••269
'419
r
311
'245
r 298
'258
r
49
177
44
5
8
6
8
3
7
2
0
0
61
181
40
5
7
7
7
8
'441
9 6
8 6
2
0
2
3
109.2
106.3
108.3
103.2
1 868 4 1 853 7 1 983 5 2,016 2
89 5
106 1
2 6
81
PO
121
2
8
9
0
6
8
92 3
111 8
2 8
8 2
94
101
2
7
0
6
6
1
93
125
2
8
4
4
7
4
82.9
109.2
2 7
89
11
7
123
226
9
9
123
220
4
4
4
4
11
8
121
207
12
10
109
203
8
8
1
0
13
9
138
'219
3
4
8
5
11
7
129
239
4
3
1
4
4
8
8
0
3
4
3
0
22 6
20 5
30 0
22 2
29 1
22 3
26 3
25 4
28 5
27 6
28 5
26 5
1
1
31 4
45 3
28 5
40 9
1
30 8
39 5
1
29 6
37 4
1
29 9
36 7
1
30 3
r 44 9
.1
33 9
47 8
73
180
47
7
5
3
5
5
27
98
01
' 291
' 446
1
0
0
7
53 8
188 9
43 9
5 4
26 6
26 4
3 2
23 7
23 i
3 7
23 9
24 7
2 9
693
66
524
66
622
28
458
100
668
39
534
59
704
68
495
94
584
55
468
33
11
52
35
200
20
11
65
39
255
20
253
16
117
09
93
292
17
36
126
22
376
19
43
150
63
162
189
374
233
369
r 294
' 490
304
452
327
443
' 336
'383
58
169
43
5
7
8
9
8
r 2g2
' 462
58
177
45
4
9
3
5
3
60
179
49
4
5
5
5
9
56
183
44
4
OQ
on
338
252
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
Black blasting powder
thous. lb_. 1306 1 1284
Iligh explosives
___do _ !277,199 301,665
Paints, varnish, and lacquer, factory shipments:
152.7 2161.6
Total shipments
mil $
89.8 295.4
Trade products
do
62.9 266.2
Industrial
finishes
_ ^ do
Sulfur, native (Frasch) and recovered:
484
489
Production
thous. Ig tons
4,832
4,875
Stocks (producers'), end of month
do
PLASTICS AND RESIN MATERIALS
Production:
13.2
Cellulose plastic materials.
mil. Ib
12.7
Thermosetting resins:
41.0
Alkyd resins
_
_
...do
46.5
Coumarone-indene and petroleum polymer
27.1
resins
mil. lb__
25.8
Polvester resins
_
do
16.8
21.3
57.4
Phenolic and other tar acid resins
do
61.0
39.9
Urea and melamine resins
do
42.2
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil. lb_. 104.0 124.3
Vinyl resins (resin content basis)
do
128.3
149.3
Polyethylene
do
168.0
188.2
141
262 470
323
322 968
182 2
112 4
69 8
194 3
119 7
74 6
183 3
112 4
70 9
181 4
113 7
67 7
181 0
114 1
66 Q
164 5
98 8
65 7
175 6
101 9
73 7
142 7
78 4
64 3
121 1
62 1
59 0
138 8
75 5
63 3
142 5
80 6
61.9
165 2
97 1
68 1
487
4,898
490
4 910
504
4,955
490
4,931
476
4 880
473
4 844
491
4 743
484
4,763
495
4 760
500
4,780
499
4,786
499
4,720
13.2
13.1
13.0
10.9
12.1
12.8
14.0
13.8
12.1
11.6
13.0
15.1
47.3
51.0
50.0
46.8
47.7
43.3
47.2
40.5
37.7
44 4
'44 0
49 7
24.3
23.1
60.8
43.4
27.3
23.6
63.4
46.0
21.0
21.4
60.5
42.6
21.2
19.6
50.0
35.0
27.0
21.6
63.0
41.2
25.5
21.2
62.8
42.2
30.2
23.9
69.6
48.5
24.9
21.2
62.0
41.5
25.9
20.4
61.7
38.0
26.0
'25.0
' 22. 7 23 9
66.3
64.0
42.8
39.6
27.6
25 4
72 6
43.1
123.2
147.9
178.5
132.5
154.8
196.8
128.1
149.9
187.0
114.3
134.0
189.8
126.6
153.7
189.3
130.1
156. 5
183 3
136.5
168.3
202.4
133.2
160.5
200 0
127.8
153.0
210 1
' Revised. l Quarterly average. 2 Beginning Jan. 1963, the estimated totals are based
on a new sample indicating higher levels of activity than did the old sample from which
totals were estimated.
cf Data are reported on the basis of 100% content of the specified material unless otherwise
423
321 379
164
315,789
132.3
150 5
210 8
' 136. 6
158 3
208 7
186 0
112 2
73 8
146.1
173 0
210 1
indicated.
9 Includes data not shown separately.
*New series. Data exclude some materials (chiefly crudes) shown in the former series.
Monthly data prior to Jan. 1963 may be obtained from Bu. of Census reports.
June 1964
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1963
Monthly
average
1963
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total O
mil. kw.-hr_Electric utilities total
do
By fuels
_
do
By waterpower
do
Privately and municipally owned util
Other producers (publicly owned)
Industrial establishments, total
Bv fuels
_
By waterpower
Sales to ultimate customers, total (EEI)
Commercial and industrial:
Small light and power
.
Large light and power
Residential or domestic
Street and highway lighting
Other public authorities
In terdepartmental
-
78, 624
71, 026
57, 003
14, 024
83, 991
76, 167
62, 379
13, 788
78, 273
70, 535
55, 681
14, 854
81,756
73,619
58,102
15, 517
83, 665
75,731
61. 756
13, 975
88, 703
81, 000
66, 827
14, 173
89, 861
81, 973
68, 440
13, 533
82, 892
75, 156
63, 144
12,012
84, 845
76. 712
64, 491
12,222
82, 437
74, 474
61, 769
12, 705
90, 302
82, 260
67, 653
14, 607
90, 642
82, 328
67. 834
14, 495
84, 613
76, 701
62, 906
13, 795
87, 987
79, 595
63, 652
15, 942
84,534
76, 392
60,092
1 6, 301
do
do
57, 725
13, 301
62, 095
14, 073
57, 451
13, 084
59,937
13,681
62, 045
13, 686
66, 287
14,713
67, 161
14, 812
61, 769
13, 387
63,181
13, 531
60, 837
13, 637
66, 459
15, 802
67, 024
15, 304
62, 143
14, 558
64, 596
14, 999
62,204
14, 188
do
do
do
7,597
7, 313
284
7,824
7,555
270
7,738
7,424
314
8,138
7,807
7, 935
7,653
29Q
7,887
7, 665
222
7, 735
7. 533
8,133
7,917
8,042
7,770
272
8,313
8,019
215
7,963
7,722
241
7,912
7,621
281
7,703
7,474
331
294
291
8,392
8,075
317
8,142
7,807
do
64, 674
69, 234
65, 923
66, 095
67, 803
70, 509
73, 018
72, 079
69,516
68, 309
71, 364
75, 196
72, 724
72, 692
do
do
12, 008
31, 160
13, 387
32, 856
12, 052
32, 278
12, 352
33, 033
13, 503
33, 304
14,938
33, 081
15, 639
33, 871
15, 097
33, 790
13, 706
34, 279
13, 095
33, 463
14, 093 114, 165 1 14,061 U4,121
32, 593 132, 993 i 32,330 133, 330
393
18, 868
612
1, 529
104
389
20, 141
646
1,683
133
378
do
do
do
do
372
18,006
566
1,616
149
346
18,304
541
1,647
157
18, 888
604
1,600
123
351
19, 752
452
358
348
20, 690
373
20, 356
378
18, 553
18, 793
21, 630
1,719
1,716
551
591
1,673
1,707
163
202
161
631
1,706
152
691
1,776
138
735
126
773
439
436
24, 932
23, 295
780
711
1,774
1,769
108
118
118
335
409
22, 301
693
1,707
130
Revenue from sales to ultimate customers (Edison
Electric Institute)
mil. $.. 1, 085. 4 1, 141. 4 1,087.0 1, 088. 3 1,121.6 1,167.3 1,200.7 1, 187. 8 1,136.2 1, 119. 0 1, 161. 7 1, 217. 2 1, 184. 5 1, 169. 0
GAS
Manufactured and mixed gas (quarterly) :d"t
Sales to consumers total 9
Residential
Industrial and commercial
Natural gas (quarterly) :d"t
Customers end of quarter total 9
Residential
Industrial and commercial
Sales to consumers, tota!9
Residential
Industrial and commercial
1,533
1,432
100
1,839
1,724
530
370
157
502
346
153
67. 3
51.3
15.7
1,196
1,111
441
285
153
214
100
112
424
277
145
60.9
46.1
14.6
56.9
42.3
14.5
26.6
16.9
9.6
47.8
34.7
12.9
32, 674
30, 014
2 624
33, 893
31, 128
9 797
33. 336
30, 628
2, 671
33 989
31, 286
2 666
34 799
31, 929
2 832
mil. therms- - 25, 045
8, 466
do
15,321
__do
26, 321
8,748
16, 263
23, 964
6, 924
15, 982
19, 504
2, 966
15,297
25, 866
8,097
16, 465
1,541.3 1,613,2
880.3
847.7
687.5
651. 0
1,417.6
733.4
648. 1
1 002 5
401.7
561.8
1 596 5
848 6
702.5
do
mil. therms- do
do
Revenue from sales to consumers, total?
Residential
Industrial and commercial
1,922
1 800
122
1,197
1 114
Residential
mil $._
do
do__-thotis
do
do
Revenue from sales to consumers total 9 mil. $
Residential
- do
Industrial and commercial
do
114
84
83
1
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
- _
_mil. bbl_.
Taxable withdrawals
do. __
Stocks, end of month
do__ .
Distilled spirits (total):
Production
nail, tax gal Consumption, apparent, for beverage purposes
mil. wine gal-_
Taxable withdrawals
mil. tax gal-Stocks, end of month
do
Imports
mil. proof gal-Whisky:
Production
mil. tax gal-Taxable withdrawals
do
Stocks, end of month
do
Imports
mil. proof gal-
8.07
7.60
10.46
8.39
7.82
10.76
9.14
8.12
11.27
9.81
8.96
11.49
9.67
8.81
11.77
10.83
10. 22
11.70
9.38
9.26
11.18
7.42
7.37
10. 72
7.93
7.95
10.19
6.85
6.73
9.85
7.31
7.05
9.67
7.63
6.74
10.08
12.90
12.50
14.34
15. 13
10.79
6.82
8.52
9.42
15.99
13. 39
14 18
13 89
13 51
14 06
21. 14
10.27
882. 72
3.60
21. 58
10.34
876. 90
3.82
18.97
10.12
884. 21
3.27
22.32
11.12
885. 58
3.67
20.24
10. 76
883. 31
3.26
19.98
9.25
878. 48
3.49
20.12
10.02
874. 49
3.35
19.46
11.11
869 81
3.94
24. 45
14.57
867 44
5.71
25. 89
11.36
865 87
5.37
30. 92
8.56
870 00
4.87
18.49
9.34
871 77
3.03
18. 43
'9.53
873 19
3.07
21.84
10.51
874 44
3.62
3.84
9.41
7.18
859. 13
3.18
8.74
7.08
852. 54
3.35
10.99
6.69
860. 36
2.86
10.69
7.10
861. 64
3.21
7.06
6.78
859. 77
2.90
3.40
5.63
855. 34
2.99
5.06
6.46
851. 80
2 92
5.80
8 0?
846. 88
3.38
10.13
10 85
843. 02
5 04
8.49
8 38
840. 03
4 83
9.99
5 91
842. 40
4 19
10.38
6 46
844. 01
1 57
10.27
854 14
1 77
10.36
7 05
846 10
3 23
3 42
7.24
5.19
7.10
5.20
7.72
5.60
7.37
5.23
6.23
4.42
6.73
4.62
7.74
5 68
10.88
8 35
8.15
6 24
5.87
4 15
6.35
4 33
6.27
4 51
7.24
5 18
.40
.35
3.00
.09
.41
.28
3.07
.07
.39
.32
3.12
.09
.54
.31
3.31
.06
21
.22
3.28
05
.36
.31
3.29
.05
34
.39
3.21
09
45
.54
3 07
18
37
.57
2 86
14
44
.59
2 65
15
43
.34
2 71
06
48
.27
2 88
06
63
.34
3 14
08
08
16.85
2.45
13.11 M3.05
185. 04 174.43
1.20
1.11
2.36
13.37
160. 14
1.11
1.84
12.77
142. 45
1.00
2 01
9.57
134. 11
1 00
3.04
12.84
120. 84
.97
45 43
12 52
155. 87
1.07
108 68
15 56
246. 45
1 92
21 47
4 76
14 07
13 71
249. 05 229. 08
1 47
1 18
2 73
13 57
213. 89
79
2 97
13 76
201. 61
1 57
3 40
15 96
185. 83
1 10
90
8.44
15.56
11.87
8.38
9.98
118.07
202. 64
5.10
8.38
5.53
Rectified spirits and wines, production, total
7.20
mil. proof gal-Whisky
._
do ...
5.33
Wines and distilling materials:
Effervescent wines:
.37
Production
mil. wine gal- .32
Taxable withdrawals
do
2.79
Stocks, end of month
___do
Imports
do ._
.09
Still wines:
15.78
Production
do
12.52
Taxable withdrawals
do
178. 86
Stocks, end of month
_
do
Imports
do
1.08
Distilling materials produced at wineries.. .do
31.27
39.39
f Revised.
1 Not directly comparable with data through 1963. Comparable figures for
Jan., Feb., and Mar. 1963 (mil. kw.-hr.): Small light and power, 12,609; 12,535; and 12,617;
large, 31,105; 30,442; and 31,440.
©Revisions for Jan.-Dec. 1962 appear on p. 24 of the Mar. 1964 SURVEY.
70.11
18.48
7.50
6.42
10.68
r
8 95
7.80
11.30
cfThe averages shown for gas are quarterly averages.
{Revised data for 1st and 2d qtrs. of 1962 appear in the Sept. 1963 SUEVEY.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
.Tune 1964
1962
Unless otherwise stated, statistics through 1962
and descriotive notes are shown in the 1963
edition of BUSINESS STATISTICS
| 1963
Monthly
average
S-27
1964
1963
Apr.
May
July
June
Sept.
Aug.
Oct.
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory) f
Stocks co1 d storage, end of month
Price, wholesale, 92-score (N.Y.) _ _
Cheese:
Production (factory) totalj
\merican whole milkj
mil. Ib
do_
_$ per lb_.
127.9
363.4
.594
116.8
328.4
.590
138 2
356.7
.587
153 6
377.0
.586
141 0
401.4
.586
114 8
392 6
.587
94 7
367 0
.590
84 3
328.7
.603
90 6
284.5
.596
89 6
241. 3
.593
109 5
207.0
.593
126 9
187. 1
. 587
121.7
191.2
.587
138.0
191.0
.586
mil. Ib
do
132.1
91.1
135. 6
93.8
145.1
103.1
171 8
126 9
175 2
130.7
150 5
111.7
139 8
99 7
127 0
86 6
122 5
81.6
115 7
73.7
124 5
78 3
124 2
83 3
124.0
82.5
144 2
96.5
385.0
463.4
354. 8 384.3
Stocks cold storage, end of month, total
do
344. 9
420.4
317.2 343 5
\merican whole milk
do
6.9
6.5
9.0
78
Imports
do
Price, wholesale, American, single daisies (Chi.426
.400
. 425
.423
cago)
$ per Ib
Condensed and evaporated milk:
Production, case goods: J
6.6
6.1
6.9
8.2
Condensed (sweetened)
mil. Ib
155. 8
160.7
190.0
204.0
Evaporated (unsweetened)
- do_
Stocks, manufacturers', case goods, end of mo.:
6.6
5.0
5.5
6.8
Condensed (sweetened)
mil. Ib
162.9
178.4
141.1
93.4
Evaporated (unsweetened)
_
do
Exports:
5.0
4.0
3.0
4.1
Condensed (sweetened)
do
5.2
5.5
8.5
5.5
Evaporated (unsweetened)
do
Price, manufacturers' average selling:
6.01
6.11
6.03
6.03
Evaporated (unsweetened)
$ per case
Fluid milk:
Production on farms
mil. lb__ 10, 502 10, 399 ar11,196 r12, 315
5,216 ' 5, 067 5, 810 6, 569
TTtilization in mfd dairy productscf
do
4.10
4.10
3.88
3.78
Price, wholesale, U.S. average.--— -$ per 100 lb_Dry milk:
Production:t
6.6
6.6
5.4
7.0
Drv whole milk
mil. Ib
177.6
185.5
217.9
257.0
Nonfat dry milk (human food)
__do_
Stocks, manufacturers', end of month:
5.7
6.3
5.2
5.5
Dry whole milk
do
95.0
123.4
124.1
98.5
Nonfat dry milk (human food)
do
Exports:
2.5
1.1
3.9
1.6
Drv whole milk
do
44.6
25.5
52.6
51.9
Nonfat dry milk (human food)
_ do_
Price, manufacturers' average selling, nonfat dry
.144
.148
.144
.144
milk (human food)
$ per Ib
GRAIN AND GRAIN PRODUCTS
103.4
96.9
118.8
133.7
Exports (barley corn oats rye wheat)
mil. bu
416.0
373 9
6.6
439 9
394 8
5 7
435 2
390 6
38
407 9
363 9
51
378.2
336 9
7.5
363. 3
323 7
9.7
340 7
301 6
84
318.1
279 2
6.6
301.6
263 7
4.6
301.7
264. 0
8.5
.423
.427
428
.428
.432
.432
.432
.430
.430
.422
.420
7.7
199.6
88
182 0
96
171.6
6 9
136.5
4 0
128.1
4.0
120.2
71
131 7
60
139. 0
5.6
144.8
6.7
153.0
10 7
159. 0
7.8
194.2
90
223. 5
10.4
243.1
6.2
231.8
5.7
199.8
6.5
150.8
5.8
131.7
5.9
96.8
6.1
82.6
7.3
69.7
9.1
82.6
7.0
10.7
5.2
4 5
9.3
33
5.9
10.0
7.9
3.3
.3
3.8
7.0
2.9
3.3
2.5
3.0
3.1
3.4
2.4
5.2
3.0
6.02
6 00
6.00
6.00
6.00
5.99
6.00
6.00
5.98
5.98
5 96
9,558
4 193
4.29
9, 557
r
4, 144
4.43
9,205
r
3, 858
4.48
9,706
4 444
4.42
10, 066
4 865
4.34
9,842
4,876
4.25
11,007
5, 603
4.12
11,346
5 833
'3.94
Barley:
Production (crop estimate)
do
Stocks (domestic), end of quarter, total
do_
On farms
do
Off farms
- —do
Exports including malt§
do
Prices, wholesale (Minneapolis):
No 2 malting
$ per bu
No 3' straight
do
Corn:
Production (crop estimate, grain only). .mil. bu
Grindings wet process
~ do
Stocks (domestic), end of quarter, total
Oats:
Production (crop estimate)
Stocks (domestic), end of quarter, total
On farms
OfT farms
2
r
r
r
323. 1
284 0
6.4
62
189.7
59
151. 2
6 9
121.1
6.7
123.6
5.5
130.1
58
159. 1
8 0
177.3
6.6
179.8
6.1
207.7
7 0
220. 3
6.5
136.5
6.5
115.9
5.5
99 3
4.8
82 1
5.0
63.0
5.3
64.3
5.3
81. 5
6.1
80 9
5.8
86.1
6.6
97.6
7.5
104 6
.8
50.6
1.7
48.4
4 7
48.7
2.6
39.2
2.0
41.9
1.6
53.6
2.9
38.0
2.1
27.4
.8
37.9
.8
88.6
1. 1
61.0
.144
.144
.144
.144
.144
.144
.146
.146
.146
.146
.146
100.5
98.2
84 6
92.7
115.6
125. 6
130.7
123.8
112. 5
123. 4
125 6
50
2.2
17
4 2
1.22
1.14
1.25
1.16
1.24
1.14
1.14
1.05
13,637 i 4, 081
15.4
14.3
15.1
15.6
15.5
16.7
1.20
1.14
1.11
1.08
.mil. bu_. 1 1, 020
Rice:
Production (crop estimate).
mil. bags9
California mills:
Receipts, domestic, rough
mil. lb._
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
mil. Ib
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. lb__
Shiprnents from mills, milled rice
do..
Stocks, domestic, rough and cleaned (cleaned
basis), end of month
mil lb__
Exports
do
Price, wholesale, Nato, No. 2 (N.O.)
$perlb_.
r
149.2
106.6
6.0
247.2
1.19
1.11
1.26
1.20
41.3
Exports, including oatmeal
do
Price, wholesale, No. 2, white (Chicago) f
$perbu_-
10, 130
4 975
4.08
r
284. 0
284. 8
160. 8 2 165. 0
124. 0 2119.0
4.8
8.3
1.24
1.20
do
do.
.do
10, 861
5 631
3.91
T
203.3
354.3
310 8
12, 330
3.83
* 436. 4 i 399. 9
2
2
2
mil. bu . 2 2, 929 2 2. 705
2 1, 807 2 1, 779
do
2926
21,122
_ do
36.6
35.5
do
On farms
Off farms
_
Exports, including meal and
flour
Prices, wholesale:
No. 3, yellow (Chicago)
$ per bu_.
Weighted avg., 5 markets, all grades
do
11.841
r
6, 411
3.72
141.6
195. 7
.586
r
2
628
2
2
3 3146. 8
67. 6
3
79.3
5.3
8.0
426
262
163
5
39.5
35.6
1.23
1.16
1.29
1.25
1.32
1.26
55
6 7
231.3
129 2
102.1
2 9
1.21
1.11
1 18
1.09
1.18
1.10
1.16
1.09
1 18
1.10
1 22
1 14
16.7
14 4
15 9
15 9
17 4
16 5
46.8
33.5
3 264
2 254
1 010
33.5
42.3
1.22
1.20
1.19
1.18
1.21
1.21
1.24
1.24
4.8
7.7
1 11
1 02
1 18
1 09
1.22
1.14
16 4
15 3
16.8
3
2, 115
1, 386
729
43.1
5
1
4
8
0
6
4
5
329
199
130
5
26.6
13316
514
3 goi
27.8
33.5
55.7
4 353
3 217
1 136
54.7
1.32
1.25
1.35
1.26
1.18
1.19
1.15
1.16
1.19
1.19
1.28
1.27
i 981
2621
2 545
276
3
274
946
833
113
518
446
72
2.5
.9*
.5
1.5
1.0
1.6
1.2
.8
.6
2
773
688
85
2
2
2
.1
.3
.71
.73
.74
.73
.72
.68
.68
.71
.71
.72
.74
.75
.71
.68
.68
* 66.0
170.1
126
79
122
85
165
140
128
114
83
53
59
52
66
54
61
45
271
62
81
46
70
84
206
89
138
187
141
82
163
184
97
132
128
101
103
90
78
75
192
200
168
232
143
170
105
364
255
438
270
142
239
60
198
62
234
115
218
836
234
1,679
332
1,113
357
377
264
295
329
329
379
192
386
123
555
148
559
866
193
.094
957
220
.093
729
307
.095
583
237
.095
388
101
.095
255
245
.095
570
97
.090
1,340
87
.087
1,235
197
.088
1,710
203
.088
1, 592
357
.088
1,447
1,197
931
746
.088
.088
P. 088
553
74
1 23
1. 16
3
232
3
43
*314
41 Q
.66
Rye:
Production (crop estimate)
mil. bu._ i 40.8 2129.4
2 19.9
15.0
Stocks (domestic), end of quarter, total
do
36.9
23.1
14.8
10.8
1.30 "~1.~26~ "T21~
1.22
Price, wholesale, No. 2 (Minneapolis) $ per bu__
1.22 "T21~ ~~~1.~22~
1.42 "" L45 ~~~1.~44~
1.42 ""I." 48" "~1.~38~
1.34 ~~~1.~32~ ~~~1.~29~
r
1
Revised.
*> Preliminary.
d
Revised
series;
data
reflect
inclusion
of
creamed
cottage
cheese
and frozen products
1
2
Crop estimate for the year.
Quarterly average.
(formerly excluded). Revisions for 1946 and 1952-58 (former series) and 1958-62 (revised
3
Old crop only; new crop not reported until beginning of new crop year (July for barley,
series) appear on p. 24 of the Mar. 1964 SURVEY.
oats, rye, and wheat; Oct. for corn).
§ Excludes a small amount of pearl barley.
{Revisions for Jan. 1961-June 1962 for cheese and nonfat dry milk and those for Jan .-June
t Revised series (for No. 2; formerly, for No. 3).
1962 for butter, condensed and evaporated milk, and dry whole milk are available upon
9 Bags of 100 Ib.
request. Revisions for July-Dec. 1962 appear in the Sept. 1963 SUKVEY.
« Revisions for Jan., Feb., and Mar. 1963: 4,823; 4,617; 5,327.
SUKVEY OF CUERENT BUSINESS
S-28
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
June 1964
1963
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate) total
Spring wheat
Winter wheat
Distribution (ouarterlv total)
Stocks (domestic), end of quarter, total
Off farms
mil bu
do
do
do
U,094 i 1, 138
i 273
1233
1821
1905
2316 ^ 2 3 3 7
^o
21,713
2259
2 1, 453
21,311
do
_do
49.2
43.0
59.7
53.3
do
21,563
2 252
311
392
'329
408
31,195
3 95
3
1, 100
1,941
409
1,533
1,613
309
1,304
1 207
153
1, 054
74.0
67.7
83.3
74.6
49.1
39.1
55.4
51.4
52.1
47.6
58.1
52.2
75.5
70.4
61.0
55.1
68.9
60.0
470.5
66.0
71.5
65.6
86.6
81.5
78.0
70.7
2.46
2.37
2.44
2.41
2.28
2.38
2.50
2.03
2.18
2.31
2.01
2.12
2.26
2.03
2.19
2.36
2.09
2.29
2.43
2.20
2.37
2.39
2.21
2.34
2.37
2.23
2.31
2.37
2.24
2.31
2.32
2 23
2.27
2.25
2.17
2.19
2.34
2.26
2.26
21,570
90.0
398
49, 005
22, 542
94.0
414
51, 105
20, 421
93.6
377
46, 520
21,687
90.4
398
49,215
22, 886
95.3
425
51,990
21, 409
97.9
400
48, 798
24, 649
98.0
497
56, 105
22, 220
101.6
412
50, 558
21, 399
91.8
393
48, 599
23, 519
97.5
433
53, 494
21, 218
96.8
390
47, 872
21, 956
90.3
406
49, 646
22, 241
91.5
411
50 9'?6
2,713
3,789
4,383
4,336
1,702
1,937
4, 528
2,570
2,232
2,550
4,823
3,878
1,912
2,527
5, 843
2,183
3,127
5.913
5.767
5.775
5.533
5.650
5.233
5. 388
4.967
5.013
4.900
5. 550
5.283
5. 725
5.467
5.738
5.450
5.538
5.233
5.538
5.250
5.563
5.300
" 5. 824
» 5. 152
595
378
1,805
1,173
551
373
1,727
1,196
487
330
1,875
1,061
390
282
1,752
997
294
341
1,838
1,185
342
366
1,900
1,167
468
395
1,829
1,287
717
462
2,092
1,592
1,281
385
1,793
1,283
1,133
400
1,808
1,205
578
412
2,013
1,189
525
342
1,710
969
319
400
1,878
1,141
384
379
2,045
1,139
355
1,082
27.20
24.53
29.75
23.79
22.95
30.00
23.51
24.12
30.00
22.43
23.50
31.00
22.54
22.74
28.00
24.56
23.19
27.00
24.47
23.67
27.50
23.80
22.71
28.50
23.97
22.38
27.50
23.38
21.53
30. 50
22.16
20.06
30.50
22.38
21.17
31.50
21.18
21. 57
34.00
21.38
21.42
"31.52
21.03
20.91
20.29
19.24
5, 965
5,648
6,343
^lau^htpr (fedprally inspected) thous animals
1,646
1,650
1,797
Receipts (salable) at 27 public markets
do
Prices:
Wholesale, average, all grades (Chicago)
$per!001b__ 16.44 15.03 13.52
Ho?-corn price ratio (bu. of corn equal in value
16.4
13.6
12.5
tolOOlb live hog)
Sheep and lambs:
1,224
1,163
1,116
Slaughter (federally lnspected)..._thous animals.
524
444
396
Receipts (salable) at 27 public markets
do
224
200
137
Shipments feeder to 8 corn -belt States
do
Prices, wholesale:
19.45
18.69
18.25
Lambs average (Chicago)
SperlOOlb
* 15. 57 s 17. 46 "17.50
Lambs, feeder, good and choice (Omaha). do
5,910
1,610
4,880
1,411
4,995
1,465
5,174
1,393
5,868
1,573
6,775
1,846
6,380
1,726
6,695
1,874
6,956
1,828
5,898
1,511
6,420
1,635
6,481
1,681
1,460
14.73
16.36
17.20
16.60
15.53
15.29
14. 39
13.76
14.22
14.37
14.22
13.89
14.46
13.9
12.6
13.2
13.2
12.7
12.3
12.3
Exports total including
"Wheat only
flour
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2.42
2.48
$ per bu__
2.20
2.19
No.2,hd.anddk.hd.winter(Kans. City).do
2.33
2.41
Weigh ted avg., 6 markets, all grades
do
Wheat flour:
Production:
Flour
thous. sacks (100 lb.)__ 21, 839 21, 991
92.4
94.7
Operations percent of capacity
406
410
Offal
'
thous. sh tons. _
Grinding of wheat
thous. bu__ 49, 613 49, 976
Stocks held by mills, end of quarter
J
thous. sacks (100 lb.)__ > 4, 584 4, 712
2,686
2,808
Fxports
__do
Prices, wholesale:
Spring, standard patent (Minneapolis)
SperlOOlb.. 5.909 5.639
5.621
5.365
Winter hard 95^ patent (T^ans Oity) do
2.35
2. ia
2.26
LIVESTOCK
Cattle and calves:
Slaughter (federally Inspected) :
415
Calves
thous animals. .
1,695
Cnttle
do
1,225
Receipts (salable) at 27 public markets
do
Prices, wholesale:
Beef stpprs (Chicaeo)
$ per 100 Ib
Steers, stocker and feeder (Kansas CityX.do
Calves, vealers (Natl. Stockyards, Hl.)_.-do
13.0
13.8
14.4
13.9
12.7
14.1
1,062
354
211
972
350
115
1,201
470
122
1,204
442
223
1,236
601
428
1,441
640
457
1,112
419
213
1,105
406
122
1,296
394
146
980
294
143
1,035
304
133
1,052
319
171
289
21.25
(6)
20.00
19.74
16.50
17.80
16.50
16.84
18.75
16.84
18.25
16.52
18.88
16.44
19.38
(6)
19.50
(6)
21.12
(6)
22.25
(6)
22.25
(6)
24.00
(6)
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in), Inspected
2,292
2,151
2,252
2,351
2,575
2,323
2,366
2,582
2,187
2,662
2,245
2,078
2,450
2,156
2,447
slaughter
- - mil.lb
Stocks (excluding lard), cold storage, end of
592
481
661
686
'872
773
541
522
623
623
523
729
653
579
810
month
- _
__ mil. l b _ _
45
42
46
42
56
62
41
60
58
42
47
49
47
38
53
Exports (meat and meat preparations) t
do
122
121
109
96
112
142
73
132
105
119
121
144
89
144
101
Imports (meat and meat preparations) t
do
Beef and veal:
1, 046. 6 1,137.4 1,106.0 1, 194. 5 1,112.8 1,156.6 1,187.3 1, 136. 8 1,291.2 1, 117. 8 1, 137. 9 1, 292. 8 1, 119. 3 1,220.2 1,314.8
Production, inspected slaughter..
..do
217.2
163.5
194.0
197.4
279. 5
246.1
228.2
282.1
208.8
197.3 '2€1.0
297.5
287.6
Stocks, cold storage, end of month
__do
284.5 ' 276. 3
2.3
2.3
2.9
1.9
1.8
3.5
2.1
3.2
2.7
2.8
1.7
2.4
1.9
3.9
Exports
do
2.5
'92.0
79.0
62.6
115.7 ' 122. 0 ' 105. 7 '89.8
88.1
'51.9
78.6
'89.3
'90.6
66.4
110.1
71.4
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
.417
.464
.409
.408
.404
.422
.402
.391
.417
.381
.426
.420
.379
.398
(600-700 Ibs.) (New York)
$perlb.
.378
Lamb and mutton:
55.6
57.9
51.2
55.1
52.5
44.6
49.6
67.3
57.4
55.7
63.9
53.2
53.6
52.5
55.0
Production, Inspected slaughter
mil. lb_.
19.5
14.3
21.4
23.7
17.2
18.4
19.8
18.6
17.8
19.8
18.3
18.0
'16.3
19.9
Stocks, cold storage, end of month _
do
18.3
Pork (including lard), production, Inspected slaughter
mil.lb 1,046.5 1, 099. 0 1,161.9 1, 104. 9 920.4
Pork (excluding lard):
Production, Inspected slaughter
do. . 806.0 856.6 901.1 852.6 708.0
279.2
235.9
374.5
356.3
322.5
Stocks, cold storage, end of month. _
do
11.5
5.3
10.5
13.0
11.5
Exports
do
17.6
17.0
18.7
19.6
14.5
Imports
do ..
Prices, wholesale:
.464
.431
.440
.458
Hams smoked, composite
$ per Ib. 7.491
.475
.380
.443
.407
.470
Fresh loins, 8-12 Ib. average (New York)_do___
Lard:
175.3
184.0
176.4
189.2
Production, inspected slaughter
mil. lb_
155.3
98.9
147.3
123.1
162.3
Stocks, dry and cold storage, end of mo
do...
136. 3
35.2
60.2
44.8
24.2
70.1
Export?
.
_ .-do
.125
.122
Price, wholesale, refined (Chicago)
$ per Ib.
.115
.114
.113
T
Revised.
* Preliminary.
2
i Crop estimate for the year.
Quarterly average.
8
Old crop only; new prair not reported until beginning of new crop year (July for wheat).
4
Beginning Jan. 1964, flour included in total is converted to grain equivalent on basis of
2.33
bu. of wheat to 100 Ib. of flour (2.3 bu. formerly used).
5
6
Average based on months for which quotations are available.
No quotation.
944.2
943.5 1, 050. 6 1, 223. 4 1, 195. 7 1, 259. 2 1, 305. 6 1, 082. 8 1,174.7
731.4
274.0
8.1
20.0
735. 3
220.0
6.5
14.3
823.7
210.4
9.7
14.8
959.3
208.9
14.4
19.1
939.2
250.2
15.1
16.2
.478
.495
.488
.498
.465
.478
.463
.461
.472
.427
155.0
113.9
52.4
.118
151.3
88.3
64.8
.125
165.1
81.2
53.2
.123
191.3
75.2
47.6
.131
187.1
92.4
35.2
.143
7
987.4 1,017.1
276.7
332.8
22.9
16.5
16.7
18.6
854.4
382.3
18.5
14.8
914.5
'411.2
13.0
19.7
.480
.417
.458
.438
.457
.413
198.4
119.4
32.7
.125
209.4
105.7
62.7
.128
173.0
124.9
52.3
.131
881
287.0
.372
16.5
940.9
' 473. 6
10.9
16.3
476.2
P. 452
.409
.401
.395
189.1
113.6
51.6
P. 126
193.0
116.3
72.6
Monthly average based on 11 months (Feb.-Dec.).
« Choice only.
t Revised effective Jan. 1961 in accordance with the Standard International Trade Classification (SITC) grouping of items; this grouping excludes lard (included in former export
series) and sausage casings (formerly included) but includes meat extracts, etc. (formerly
excluded). Data for Jan. 1961-Aug. 1962 are available upon request.
SUEVEY OF CURRENT BUSINESS
June 1064
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-29
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO— Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil. lb__
Stocks, cold storage (frozen), end of month, total
mil. lbTurkeys
do
Price, in Georgia producing area, live broilers
$ per lb__
Eggs:
Production on farms
mil casesO__
Stocks, cold storage, end of month:
Shell
-- thous. casesO-Frozen
mil. lb__
Price, wholesale, extras, large (delivered; Chicago)
$ per doz_.
578
604
500
571
555
641
701
735
833
688
636
552
459
494
541
306
199
295
184
210
117
185
96
178
89
193
101
256
155
363
251
490
361
426
288
364
217
359
215
320
188
273
151
241
'123
217
99
.144
.138
.144
.142
.136
.137
.137
.130
.134
.138
.128
.139
.141
.140
.135
.130
14.5
U4.6
15.7
15.9
14.8
14.6
14.3
13.7
14.3
14.2
14.7
14.8
14.4
16.0
15.7
16.0
186
82
132
73
56
58
200
83
274
103
236
108
206
105
154
95
137
80
111
68
67
55
137
44
78
40
36
'46
81
'62
174
85
.334
.343
.299
.280
.289
.321
.337
.395
.375
.376
.372
.387
.320
.326
.290
23.8
.208
23.5
.253
39.5
.255
21.5
.276
23.4
.256
14.4
.245
16.7
.245
19.3
.256
19.3
.276
13.8
.255
21.0
.261
26.7
.263
23.9
.233
29.4
.236
16.8
p. 220
2,476
1,006
2,460
843
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'), end1
of quarter
thous. bagsd .. a 3, 355 22 3, 937
5, 704
2 5, 669
Roastings (green weight), quarterly total._.do
Imports total
do
From Brazil
do
Price, wholesale, Santos, No. 4 (New York)
$ per lb__
Confectionery manufacturers' sales
mil $
Fish:
Stocks, cold storage, end of month.
mil. lb__
Sugar :
Cuban stocks, raw, end of month
thous. Spanish tons.United States:
Deliveries and supply (raw basis) :§
Production and receipts:
Production
_. thous. sh. tons
Entries from off-shore, total 9
do
Hawaii and Puerto Rico
do
Deliveries, total 9
do
For domestic consumption
do
Stocks, raw and refined, end of month.do
4,787
6,306
2,041
758
1,986
772
2,246
655
1,798
546
1,332
520
1,957
790
1,888
745
2,167
908
2,486
949
2,181
1,026
2,143
982
1,977
718
1,970
591
.344
104
.345
110
.335
94
.333
89
.342
'83
.338
'75
.335
95
.335
154
.353
'148
.380
133
.380
'119
.480
129
.465
120
.505
' 109
.500
104
.490
180
206
159
171
186
219
230
236
243
249
244
220
178
163
156
158
1,424
'842
2,170
'2, 140
890
690
550
465
275
175
25
130
625
1,345
1,835
1,695
273
550
166
314
540
159
56
535
211
113
771
280
72
404
203
64
451
246
98
516
179
146
230
98
750
424
150
938
241
94
939
124
56
595
1,213
78
305
224
108
197
371
228
348
223
399
216
836
832
1, 675
886
887
1,622
1,030
1,027
1,401
595
592
1,542
807
799
1,504
921
917
1,273
960
958
1,023
968
967
1,273
639
637
1, 920
952
950
'2,487
642
641
2,579
821
813
1,599
r
701
583
582
700
2,581 ' 2, 533 ^2,317
259
342
465
316
145
486
186
154
209
1,127
352
585
785
571
367
359
102
25
359
91
14
371
123
5
375
102
14
465
139
16
419
118
8
404
133
5
383
101
342
351
90
19
214
9
19
423
94
14
103
68
2
92
11
226
89
1
205
42
3
.065
.081
.083
.109
.092
.077
.065
.073
.092
.095
.084
.095
.082
.073
.074
.569
.089
.688
.111
.597
.100
.639
.127
.833
.139
.803
.121
.753
.108
.681
.099
.675
.114
.750
.127
.771
.122
.769
.125
.774
.118
.737
P. 125
.722
thous. lb__ 10, 808
10, 503
12, 276
11, 293
7,155
9,493
7,717
11,011
13, 439
10, 571
8,851
10, 823
10, 627 '12,377
13, 982
224.0
211.1
186.2
216.6
210.7
186.7
211.4
214.5
258.1
228.8
203.0
207.1
209.8
213.0
173.5
132.3
147.7
130.0
132.0
115.5
112.0
103.7
103.4
104.2
119.3
114.2
113.4
113.9
116.5
211.0
191.0
182.0
188.7
195.7
197.2
190.5
183.9
187.5
177.0
183.2
175.6
199.9
211.4
201.0
245.0
248.7
273.3
262.1
307.1
292.5
258.2
210.2
160.0
145.1
137.5
124.7
119.5
126.2
143.8
145.4
132.4
140.3
125.9
125.2
136.7
148.6
161.3
147.9
163.1
181.4
159.4
159.8
150.2
39.0
45.8
52.2
46.4
46.2
40.8
41.7
40.8
44.1
40.8
36.4
42.7
46.7
52.0
48.6
.256
.238
.238
.238
.238
.238
.238
.238
.238
.238
.238
.238
.238
P. 238
38.7
35.9
45.4
39.5
39.7
35.9
42.5
36.5
42.8
37.7
38.5
28.8
41.3
30.2
46.3
37.2
41.9
37.3
Exports, raw and refined
sh. tons ImportsRaw sugar, total 9 __ _ _
thous. sh. tons. _
From Republic of the Philippines
do
Refined sugar total
do
Prices (New York) :
Raw> wholesale
$ perlb..
Refined:
Retail (incl. N.E. New Jersey)__$ per 5 lb__
Wholesale (excl. excise tax)
$ per lb__
Tea, imports
4,008
5,074
3,435
5,357
Baking or frying fats (Incl. shortening):
Production _ _ __
mil. Ib _
Stocks (producers' and warehouse), end of month
mil.lb..
Salad or cooking oils:
Production
do
Stocks (producers' and warehouse), end of month
mil. lb._
Margarine:
Production
do
Stocks (producers' and warehouse), end of month
mil. lb_.
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered)
$ per lb_.
.228
.068
216.3
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
35.8
41.4
46.1
Production (quantities rendered)
mil. lb__
39.3
41.3
30.7
Consumption in end products
do
33.6
37.6
30.6
36.5
Stocks (factory and warehouse), end of month
25.7
41.3
53.5
50.0
49.1
mil. lb__
Tallow and grease (except wool), inedible:
287.8 317.2
Production (quantities rendered)
do
308.9 338.8 312.3
Consumption in end products
do __ 150.6
150.7
151.0
169.3 149.0
Stocks (factory and warehouse), end of month
mil. lb._ 384.7 385.9 427.4 379.0 336.1
Fish and marine mammaloils:
21.3
Production!
do
15.3
6.1
28.0
34.4
7.4
Consumption in end products
do
8.2
7.5
7.2
7.6
Stocks (factory and warehouse), end of month
122.1 158.4
mil. lb~ 144.0 6 166. 5
184.7
* Revised. » Preliminary. l Beginning Jan. 1963, includ es data f or Alask a and Hawaii.
_ 2 Quarterly average.
3 Effective Sept. 1963, in eludes5 sinail amcHints of refined sugar,
tinctured, colored, or adulterated. 4 Not available.
Beginning Jan. 1964, data are not
comparable with those for eailier periods; consumption for feed now based on Tenderers'
shipments instead of feed mill reports.
a Beginning March 1963, includes 7General Services
Administration stocks no longer required for the strategic stockpile.
Includes a significant amount described as "contaminated."
44.6
39.2
47.4
39.1
33.9
29.8
29.0
35.6
35.7
36.4
37.4
38.5
309.2
127.4
330.5
157.5
304.5
145.6
350.3
167.0
327.3
140.1
319.9
141.8
363.3
5 183. 6
336.4
173.2
335.3
161.8
378.1
173.8
349.3
354.6
333.6
353.0
372.8
386.2
387.3
421.5
395.9
395.9
29.4
8.4
34.2
7.0
19.8
7.0
14.2
8.1
10.0
7.2
6.1
6.5
.7
6.5
.2
6.9
.3
6.9
3. 6
7.5
165.0
176.5
181.5 159.0 7197.1 7 168. 4 ? 129. 8
110.5 '99.4
94.7
OC ases of 3 3 dozen,
cf Ba£ s of 132.276 Ib.
91 acludes <j ata not s hown se 3arately; see also ilote "§".
§Mo nthly da ta reflect cumula
tive revisions for prior periods.
AFor data on lard, see p. S-28.
^Revisions for Jan.-June 1962 appear in the Sept. 1963 SURVEY.
S-30
June 1964
SURVEY OF CURRENT BUSINESS
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
1963
Apr.
May
June
Aug.
July
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude
.mil. lb._ i 35. 8
44 3
Refined
do
57.5
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of montb
mil. lb._ 243. 4
22.1
Imports
do
Corn oil:
Production :
30.4
Crude
do
29.3
Refined
do __
26.8
Consumption in end products^ .
do._ _
Stocks, crude and refined (factory arid ware49.1
house) end of month!
_ _ mil lb__
29.0
46.2
60.4
24.7
46 2
61.0
22.4
54.1
66.5
227.4
31.0
241. 5
30.0
233.2
31.1
32.5
30.3
27. 5
31.8
28.1
26.6
32.8
30.5
26.5
58.2
54. 9
56.2
34.5
46 1
57.0
26.3
50. 1
65.0
31.3
45 3
60.7
33.5
47. 1
67.8
39.4
44 5
57.0
29.8
41 5
59. 3
30.0
41 2
58.0
30.0
41 6
58.7
(3)
41 1
61.9
18.6
48 4
66*7
227.9
210.9
38.7
20.0 !
215.3
46.2
225. 0
35.3
219.5
39.4
209.3
7.8
195. 9
0
193.4
61.1
196.5
41.6
' 185. 5
46.1
166.0
34.8
33.5
29.0
24.8
34.1
30.1
23.3
34.8
26.8
28.9
31.9
31.5
29.5
34.7
30.0
31.6
34.6
32.2
28.0
30.9
34.2
32.2
32.7
30.1
33.3
34.6
28.6
34.5
37.2
34.7
33.0
36.6
30 0 I
31.7 1
59.8
63.1
61.6
63.1
62.9
67.4
64.8
62.4
60.5
60.3
63.9 !
326.5
207. 5
292.8
241.4
259. 1
259.9
212 9
295. 7
231.4
158.2
95.2
207.4
137.1
102.9
185. 8
146.7
107.5
154.7
151.9
103 8
739.8
53.3
.143
803. 7
48.7
.141
801.6
76.3
p. 145
810. 2
38.4
23.3
49 9
62.2
Cottonseed cake and meal:
101.0
224.1 'r 346. 3 ' 353. 7
304.8
-72.0
86.6
Production
thous. sh. tons_- ' 223. 2 ' 225. 3 - 197. 1 ' 138. 3
'118.6 - 172. 9 '200.3 ' 220. 4 ' 214.0 ' 190. 4 -156.6 ' 159. 8 169. 8 ' 195. 6 ' 188.0
Stocks (at oil mills) end of month
__do
Cottonseed oil:
Production:
241.3
212.3
51.2
98.4
139.0
249.4
70.5
156.7
62.2
Crude
mil.lb.. 161.5 158.2
166.1
52.3
57.4
174.2
171.9
98.9
80.0
Refined
do_ _ 132.4 131.1 147.7 125.4
107.2
83.3
92.7
91.8
89.2
98.9
88.5
101.7
95.4
95.6
108.8
Consumption in end products
do
Stocks, crude and refined (factory and ware619. 1
554.7
487.5
637.4
685. 6
513.7
465.6
419.6
598.4
674.8
561. 5
house), end of month
-_ _mil. Ib
21.5
58.2
25.2
31.0
30.9
40.8
18.0
23.7
16.2
29.8
30.4
Exports (crude and refined)*
do
.161
.154
.146
.150
.151
.155
.151
.154
.167
.153
. 160
Price wholesale (drums* N Y )
$ perlb
Linseed oil:
Production, crude (raw)
mil lb__
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of month
_ __ __mil. lb__
Price wholesale (Minneapolis)
$ per Ib
Soybean cake and meal:
Production
thous. sh. tons. _
Stocks (at oil mills) end of month §
do__ _
Soybean oil:
Production:
Crude
mil.lb__
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of montht
mil Ib
Exports (crude and refined)*
do
Price wholesale (refined • N Y )
$ per Ib
Leaf:
31.8
31.5
33.3
32 0
35.2
35.0
38.0
35.4
39.8
35.5
8.1
36.5
25.9
35.1
37.4
32.6
41.1
31.8
34.9
28.2
32.1
26.4
35.3
28.0
33.6
31.0
33.5
32.5
31.5
35.1
111.8
.142
116.7
.127
134.3
.127
129.2
.127
130.7
.127
99.3
.127
92.5
.125
92 2
.123
103. 9
.127
109.4
.128
111.8
.129
124.4
.133
132.0
.133
132.9
P. 133
131.6
900.1
127.3
823. 3
96.0
945.6
' 110.4
899.7
' 140. 6
944.4
901.0
736.9
918.7
878.7
' 115.3 ' 146. 7 ' 145. 1 ' 147. 7 ' 165. 1
912.0
159. 5
842. 0
152.4
807.3
162.4
790. 7
157. 2
819. 0
143.1
407.4
338.9
340.7
421 1
334 1
318 3
386.4
338. 3
290.6
443.7
316.7
315.8
422.2
333. 5
307.8
413.6
295.4
302.7
426.9
336. 1
303.9
345.9
340. 0
320.5
442.1
361.5
348. 9
426.2
331.6
317.3
425. 4
329.2
316. 1
388.6
351.2
336.6
376.2
328. 3
330. 9
368. 9
362. 7
' 353. 3
385. 6
352 1
344.8
803.9
101.1
.133
2 865. 2
92.1
133
788.1
179. 4
. 132
832.8
95.5
.135
878.2
77.7
.134
921.2
82.2
.132
923.1
87.0
.124
919.8
142.7
.133
(3)
99.6
.133
898.9
42.1
.141
987. 9 1,022.4 1, 006. 4
57.3
70.2
74.7
. 127
.122
.123
991.4
69.2
p. 124
922. 3
126. 0
s 4. 927
42, 124
13. 985
33, 135
13,235
27,732
14. 547
4,645
40,891 33. 215
13, 458 1 14.857
40. 033
14, 233
4,749
64, 827
11,905
76, 548
15, 802
59. 291
14, 737
'5.248
56. 370
12, 553
36, 901
12,438
36, 307
22, 822
5, 310
23, 529
12, 876
29, 667
14,687
13. 953
14, 430
14, 795
13, 860
12. 576
15, 019
14, 759
16, 604
13, 017
11,947
15, 068
16, 150
16, 937
3,424
42, 466
547
13,702
1, 968
3.483
42, 271
554
14, 140
2,044
4,108
48, 248
644
14, 710
2,640
3, 347
3,867
3,266
41,562 42,414 47, 006
566
606
509
13, 071 13.012 I 14.810
2,448
1,929 1 1,990
I
3,173
42, 399
555
14, 382
1. 656
3,740
46, 740
652
15, 838
2,124
3, 561
41, 272
648
12, 858
2.047
3. 360
36, 684
407
12,440
1,964
3,344
40, 980
594
14, 863
1,843
3,234
29, 168
622
15. 550
1, 702
867.8
86.5
r
TOBACCO
r
*2 315 '42,337
Stocks, dealers' and manufacturers', end of quar- r
6 4, 693
ter totil
mil Ib
Exports, inch scrap and stems
thous. lb__ 39, 073
13,951
Imports, incl. scrap and stems
do
Manufactured:
14.066
Production (smoking chewing snuff)
do
Consumption (withdrawals) :
Cigarettes (small):
Tax-exempt
_
millions.. 3,422
41,205
Taxable
do
530
Cigars (large), taxable
do
Manufactured tobacco, taxable
thous. lb_. 13, 770
Exports, cigarettes
-_ _ millions _ j 2,007
I
1
3, 216
37, 854
682
16, 214
2, 107 "i,~862~ |
1
i
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9
thous. $__
Calf and kip skins
thous. skins _
Cattle hides
thous hides _
Imports:
Value total 9
thous $
Sheep and lamb skins
thous. pieces...
Goat and kid skins
do
Prices, wholesale (f.o.b. shipping point):
Calfskins packer heavy, 9^/15 Ib
$ perlb
Hides steer heaw native, over 53 Ib
do. -_
6.909
171
593
6,215
155
664
5 539
2,290
1,198
-5,253
2, 192
1.231
p . 623
* . 152
p. 365
p. Ill
6,799
155
701
5,249
139
539
5.726
117
622
6.609
147
756
5,861
136
661
7,124
190
919
7, 256
206
843
5.711
203
659
6. 525
255
787
6, 779
233
904
- 6, 385
245
778
7,088
213
882
' 6, 227 7,020
' 3, 004 3,132
1,515
1,429
4,887
1,608
1,127
6, 692
3,709
1,275
4,809
1.723
1,346
4,948
61.923
1.211
4,320
1,249
1,250
3,905
781
1, 000
4, 212
1,361
1,150
5,223
' 1, 031
1,360
7,122
3,254
1,113
T
8.111
3, 380
1,323
.375
.118
.350
.108
.350
.113
.350
.108
.300
.103
.275
.110
.300
.110
.325
.090
.325
.083
.325
.078
p. 325
p. 084
403
532
453
' 1, 774 ' 2, 039 1,793
1,064 - 1. 258 ' 1, 137
2,833
3,128
2,906
471
1,798
1,212
2,693
386
1,844
1,325
2,552
414
1,790
1,047
2,727
484
1,840
1, 054
2,744
4,863
4,968
5.273
4 393
4,522
4,051
4,950
4 486
.650
p. 647
5,501
175
529
.375
.113
LEATHER
Production:
492
498
462
424
466
483
Calf and whole kip
thous. skins__
Cattle hide and side kip thous. hides and kips__ 1,877 1,804 0 1,798 - 1, 946 - 1, 765 ' 1, 588'
1.141
1,366
Goat and kid
thous. skins__ 1,184 ' 1,182 1,191 1,269
2,864
3,122
2,772
2.367
2, 527
3,007
Sheep and lamb
.
_ do
Exports:
Glove and garment leather _
thous. sq. ft . 3,502 ' 4. 640 & 4, 174 4,436 4,236 3,272
3.423
3,019
4,026
2,966
2,773
2,573
Upperand lining leather
do
Prices, wholesale:
.687
.693
.693
Sole, bends, light, f.o.b. tannery.
$ per Ib— p. 711 p. 678
.687
Upper, chrome calf, B and C grades, f.o.b. tannery
$ per sq. ft.. * 1.326 p 1.151 1.177 1.173 1.173 1.170
2
- Revised.
p Preliminary.
1 Average based3 on reported annual
total.
Average
4
based on months for which data are
available.
Not available.
Crop estimate for the
6
year.
5 Quarterly average.
Effective Sept. 1963, data reflect minor changes in coverage
to conform with new tariff schedule. a ' Effective Jan. 1964, data exclude items presently
reported in Ibs. instead of pieces.
Revision for Mar. 1964: 1,769
*> Revision for Jan.
1963: 3,365.
{Revisions for 1962 appear in the Sept. 1963 SURVEY.
485
1,802
862
3.234
5,548
3,860
4, 252
2,955
5,493
4,436
4,763
3,984
.660
.657
.657
.657
.657
.650
1.140
1.133
1.097
1.103
1.137
1.143
8, 456
4,370
1,099
4, 293
3,809
1. 137 p 1.137
*New series. Data prior to Sept. 1962 may be obtained from Bureau of Census reports.
§ Monthly averages for 1951-56, published in 1963 edition of BUSINESS STATISTICS,
should read as follows (thous. sh. tons): 1951-56, respectively—95.3; 60.1; 119.1; 127.4: 78.7;
138.5. Corresponding data in 1961 edition of BUSINESS STATISTICS should read (mil.
Ib.): 1951-56, respectively—190.6; 120.3; 238.2; 254.9; 157.3; 276.9.
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1964
1963
1963
Monthly
average
S-31
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Feb.
Jan.
Mar.
Apr.
May
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production, total i .
thous. pairs _ 49,803
Shoes, sandals, and play shoes, except athletic
thous pairs - 42,033
6, 603
Slippers for housewear
do
583
Athletic _- _
__ __ -do
584
Other footwear
do
Exports
_ _
do _ _
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt
__ __ 1957-59 = 100__
Women's oxfords, elk side upper, Goodyear
welt
1957-59=100.Women's pumps low-medium quality do
r
49, 284
49, 367
48, 863
44, 635
44, 848
55, 670
50,132
53, 809
44, 671
45, 258 '51.556
50, 033
52, 314
42, 157
5,918
502
707
43, 251
5,084
612
420
41,915
5 855
660
433
37, 997
5,401
558
679
38, 430
5, 368
377
673
46, 686
7, 526
495
963
40, 486
8,087
486
1, 073
42, 784
9,212
500
1,313
35, 992
7, 357
438
884
39, 933 'r46, 689 r 44, 634
4,109
3,r 882 M,614
^390
412
397
395
805
* 588
46, 250
5.107
439
518
177
170
161
160
145
136
182
190
205
208
132
115
156
210
105.6
105. 1
105.1
105. 1
105.1
105.1
105. 1
105.1
105.1
105.1
105.1
105.1
105. 1
105. 1
107.8
111.2
106. 5
110.7
106. 5
109.9
106.5
110.2
106.5
110.0
106.5
111.1
106. 5
111.3
106.5
111.1
106. 5
111.3
106.5
110.6
106.5
110 9
106.5
111.2
106.5
110.6
106.5
110.6
174
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association :cfO
Production, total __ __
-.mil. bd. f t _ _
Hardwoods
-_ - _
do _ _
Softwoods
do
2,764
530
2,234
2,882
581
2,301
2,935
626
2,309
3,121
613
2,508
2,835
619
2. 216
2.743
554
2.189
3,145
588
2.557
3 115
609
2, 506
3,244
617
2, 627
2 798
600
2 198
2 559
501
2 058
2 701
501
2 200
2 817
524
2 293
3,054
493
2,561
2, 999
482
2, 517
2,777
525
2,252
2.866
564
2,303
2, 969
594
2,375
3,235
581
2 654
2, 923
561
2 359
2.939
520
2 419
3,100
567
2,533
2,903
562
2 341
3,054
592
2 462
2, 707
579
2 198
2. 579
516
2 063
2, 686
514
2 179
2,945
548
2 397
3,082
547
2 535
3, 129
537
2 592
6, 346
1,529
4,817
6,504
1,842
4, 662
6,679
1 736
4 943
6,508
1 771
4 737
6,419
1 830
4 589
6, 243
1 866
4 377
6,312
1 887
4,425
6,454
1 914
4 540
6,493
1 964
4 529
6. 555
1 987
4 568
6,541
1 971
4 570
6, 594
1 957
4 637
6, 472
1 930
4 542
6, 461
1 871
4 590
6, 386
1 810
4 576
do
do
63
408
73
i 445
63
425
83
463
60
516
616
76
576
77
457
84
469
82
381
84
364
70
274
68
382
97
455
47 5
mil. bd. f t _ _
do
680
496
679
538
724
577
759
542
664
554
609
521
618
450
719
491
800
520
649
593
665
535
842
671
738
721
694
637
7.31
594
665
673
991
671
676
969
732
716
1,098
7?6
793
1,031
595
651
974
542
643
882
692
689
894
700
677
925
745
772
878
666
641
993
638
659
903
761
706
984
708
688
1 004
771
778
997
798
773
1, 056
26
Exports total sawmill products
do
Sawed timber __
_ do
10
17
Boards, planks, scantlings, etc do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. f t _ _ 78.65
Flooring, C and better, F. G., I" x 4", R. L.
$ por M bd. ft__ 122. 52
Southern pine:
478
Orders new
mil. bd ft
255
Orders, unfilled, end of month
do
31
12
19
32
11
21
35
11
24
22
8
14
30
9
21
31
11
21
26
10
16
34
15
20
37
14
23
37
18
19
28
11
17
27
12
15
38
14
24
27
10
17
81.43
p82. 00
Shipments, total
Hardwoods
Softwoods
do
do__ _
do
Stocks (gross), mill, end of month, totaL-.do
Hardwoods
do
Softwoods
_ -_
do _
Exports, total sawmill products
Imports total sawmill products
_ -
1
SOFTWOODSo^O
Douglas fir:
Orders, new
Orders unfilled, end of month .
Production
Shipments
_ __
Stocks (gross), mill, end of month
do
do
_ __do
79.92
78.67
79.86
80.84
86.00
85.90
79.86
77.96
77.73
77. 96
78.20
134. 22
130. 51
131.74
131.74
136. 04
138. 45
136. 72
137. 67
139 77
141 38
142. 46
491
280
553
318
543
309
496
312
541
305
523
279
486
269
562
279
483
264
379
256
447
259
466
270
598
289
557
306
478
475
484
488
489
511
531
552
478
493
511
548
518
549
503
496
545
552
484
498
411
387
475
444
476
455
e;90
509
534
540
1,366
6,325
1,571
4,754
1,380
6,414
832
5, 583
1 431
5, 174
907
4.267
1 410
9, 761
1, 402
8 359
1 395
5, 334
534
4,800
1 358
5 926
987
4 939
1 327
7 174
675
6 499
1 334
4 681
397
4 284
1 327
7 676
833
6 843
1 313
8 210
1 295
6 985
1 337
1 955
1 300
6 655
1 368
Q 603
747
5 856
1 389
6' 391
902
5 489
1 400
10 643
1 Oil
<) §39
1 394
8 694
788
7 906
93.1
92.5
91.7
92.1
92.9
93.9
94.3
94.0
92.8
93.0
92.8
92.7
92.8
92.6
94.6
95.2
94.5
95.0
95.3
95.5
95.7
96.0
95.6
95.6
95.6
95 6
95. 4
95. 4
800
416
849
383
875
424
941
400
910
417
942
435
892
356
866
347
1.002
384
730
352
759
347
891
503
937
501
S76
496
894
484
789
797
1,679
841
839
1,657
763
815
1,737
916
965
1,636
835
894
1,577
866
924
1,519
1,006
971
1,554
977
875
1, 656
992
837
1, 683
772
1,693
749
764
1,678
689
735
1,625
806
939
1,492
Q3o
881
1, 541
851
906
1, 485
67.43
67.42
67.72
68.53
69.06
70.79
72.16
70. 56
65.96
64 62
63 50
63.07
63 67
p66 45
mil. bd. ft__
_do
do
do _.
do
3.1
10.5
2.7
2.9
7.9
2.9
10.8
2.8
2.7
6.5
2.8
11.6
2 8
2 6
7.4
3.4
11.4
2 8
3 2
6.9
3.5
11.4
2 5
3.4
6.2
2.8
10.5
2 7
3 4
5.5
3.1
10.2
33
33
5.4
2.0
10.0
2 8
2 4
5.8
3.2
10.6
33
2 6
6.6
2.1
10.4
2 5
2 4
6.6
2.2
10.5
2 6
19
7.1
2.6
10.8
2 6
'"> 2
7.6
2.8
11.6
2 2
19
7.9
3.0
12.4
2 3
2 4
7.8
3.1
12.5
'} 0
do
do __
_do
_ do
do
65.7
42.8
65.0
65.9
75.2
68.3
45.2
69.3
69.1
43.6
68 3
51.6
69.3
70 2
45.8
77 0
52.1
76.7
77 6
44.8
68 4
49.6
70.0
74 5
40.2
72 9
48.1
72 ?
74 4
38.0
75 5
47.5
75 3
76 1
37.2
64 9
44.9
69 4
68 6
38.7
72 8
40.4
79 9
77 5
39.7
55 1
34 7
68 3
64 7
41.2
51 0
36 9
62 8
56 4
46.6
75 7
44 7
72 7
64 4
55.0
84 2
63 6
65 2
65 2
55.0
74 7
68 6
71 2
73 2
52.5
69 4
62 3
73 2
72 3
53.4
Production
do
Shipments
_do
Stocks (gross), mill and concentration yards, end
of month
mil bd ft
Exports, total sawmill products
M bd ft
Sawed timber
do
Boards, planks, scantlings, etc
_ do
Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1957-59-100.Flooring, B and better, F. G., 1" x 4", S. L.
1 957-59=1 00. _
Western pine:
Orders, new
mil. bd, ft__
Orders, unfilled, end of month
do
Production
do
Shipments- _
_
do
Stocks (cross), mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3, I" x
12", R. L. (6' and over)
$ per M bd. ft._
HARDWOOD
yg9
150.02 pl52. 72
FLOORING
Flooring:
Maple, beech, and birch :
Orders, new
Orders, unfilled, end of month...
Production
Shipments
Stocks (gross), mill, end of month
Oak:
Orders, new
Orders, unfilled, end of month.
Production
Shipments
Stocks (gross), mill, end of month
' Revised.
* Preliminary.
1 Beginning Sept. 1963, data exclude small amounts formerly included.
JRe visions by months for 1961-Sept. 1962 are shown in Bu. of Census report M31A(62)-13.
9 j
7.9
cPRevisions by months for 1961-Oct. 1962 for production, shipments, and orders will be
shown later; those for 1951-62 for stocks appear on p. 28 of the Jan. 1964 SURVEY.
©Beginning Jan. 1961, data for Alaska included in pertinent items.
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
June 1964
1963
Monthly
average
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (incl. pig iron, excl. advanced mfs. and ferroalloys) :
Exports total 9
thous sh tons
Steel mill products
do
Imports total 9
Steel mill products^
Scrap^
- -
do
do
do
615
168
426
736
182
530
688
198
459
826
223
564
778
169
589
913
195
698
941
178
748
817
162
640
790
212
552
657
207
428
820
230
564
864
226
580
780
212
557
988
235
744
957
218
708
424
342
22
454
19
500
425
17
597
516
30
603
467
28
669
599
12
637
547
14
471
13
549
15
516
16
402
29
481
'27
428
'26
474
23
495
16
7,538
4,465
3,073
7.583
7,738
6,858
4,168
2,690
6.867
7,731
5, 958
3,732
2,227
5,681
8,011
5,511
3, 404
2,107
5,425
8,097
5,494
3, 3^3
2,131
5, 573
8,013
6,186
3, 670
2, 516
6.197
8,002
28.30
30. 50
26.20
25.00
25.69
25.00
26.56
25.00
26.89
26.00
27.22
26.00
27.02
25.00
27.24
26.00
28.94
29.00
28.63 p 28. 87
29.00 P31.00
8,354
9,111
3,055
9,019
10,588
3,725
8,933
10, 704
4,071
8, 865
10, 587
4,220
8,573
9,718
3,369
7,318
9,141
4,064
3,876
5,997
2,980
3,543
1,846
1,940
4,067
1,406
1,693
4,088
1,446
1,667
12,050
10, 701
843
67, 893
20, 568
42, 378
4,947
13, 177
10, 018
949
68, 969
19,002
45, 033
4,934
13, 070
8,758
1,258
71,56.F,
17, 226
49, 358
4,981
13.375
7, 548
1. 095
75. 732
15, 505
55,188
5,039
12, 535
7,516
711
79, 649
14, 359
60, 185
5,105
12, 386
8,010
715
81, 194
11,391
64, 550
5,253
8,932
8,033
428
80, 030
9,237
65,450
5,343
4,052
8,458
341
77, 325
10, 934
61, 044
5,347
2,710
9,113
255
73, 141
13,224
54, 644
5,273
3,225
8,867
211
69, 936
15, 866
49, 002
5,068
42
105
70
108
135
67
88
46
71
54
62
105
7.436
7,584
6,940
6,990
5,989
5,909
5,278
5,270
5,174
5,224
5,525
5,603
5,897
5,565
'5,587 v 5, 949
6,291
6,199
6,910
6,973
' 2, 827 p 2, 806
62.75
Iron and Steel Scrap
7,076
6,171
Production and receipts, total
thous. sh. tons.. 5,494
3,387 v 3, 715
4,215
Home scrap produced
do
2,107
2,456
2,861
Purchased scrap received (net)
do
6,218
7,207
5,513
Consumption total
do
8,844 p 7, 977
7,785
Stocks, consumers', end of mo.
do
Prices, steel scrap, No. 1 heavy melting:
27.00
28.12
26.78
Composite (5 markets)
$ per Ig ton
30.50
27.00
29.00
Pittsburgh district
do
Ore
Iron ore (operations in all U.S. districts):
6,063
4,031
Mine production
thous. Ig. tons.. 6,050
5,859
6,157
2,123
Shipments from mines
do
1,877
2,786
2,791
Imports
do
U.S. and foreign ores and ore agglomerates:
'
4, 008
8,458
8,121
ReceiDts at iron and steel plants
do
8,669 ' 9, 688
8,041
Consumption at iron and steel plants
do
178
568
491
Exports
do
75, 737 74, 427 67, 625
Stocks, total, end of mo
do
21,335
15,627
14,
657
At mines
do
55, 293 53, 428 41,000
At furnace yards
do
5,290
5, 372
At U S docks
do _. 5,787
84
86
79
Manganese (mn. content), general importsf- .do
Pig Iron and Iron Products
Pig iron :
Production (excl. blast furnace production of ferroalloys)...
thous. sh. tons..
Stocks (consumers' and suppliers'), end of mo.
thous. sh. tons..
Prices:
Composite$ per Ig. ton..
Basic ff urn ace)
do
Castings, eray iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments total
do
For sale
do
Steel, Crude, Semifinished, and Finished
Bteel ingots and steel for castings:
Production
thous. sh. tons..
Index
1957-59=100.Steel castings:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments total
do
Steel forging's (for sale) :
CTh
' t
t t 1
Drop and upset
do
do
Steel products, net shipments:
Total fall grades)
do
Semifinished products
do
Structural shapes (heavy), steel piling___do__Plates
do
Rails and accessories
do
Bars and tool steel total
do
Bars: Hot rolled (incl. light shapes)
do._.
Reinforcing
do
Cold
finished
do
Pipe and tubing
do
Wire and wire products
do
Tin mill products
do
Sheets and strip (incl. electrical), total... do...
Sheets: Hot rolled—
do...
Cold rolled
do
Steel mill products, inventories, end of mo.:f
Consumers (manufacturers only)__mil. sh. tons..
Receipts during month
do
Consumption during month
do...
V^arehouses (service centers)
do
Producing mills:
In process (ingots, semifinished, etc.)
do__.
Finished (sheets, plates, bars, pipe, etc.).do___
4,167
1,598
2,017
2,403
7, 323
3,491
9,801
9,764
347
195
65,816
18, 380
42, 729 "40," 250"
4,289
4,707
5,477
5,550
5,993
p 6, 057
6,763
6,905
3,178
*>2,814
2,747
2,634
2,669
2,782
2,804
2,811
2,813
65. 46
65. 50
66.00
62.87
63.00
63.50
62. 95
63. 00
63.50
62. 95
63 .00
63.50
62.95
63.00
63.50
62. 95
63.00
63.50
62.75
63.00
63. 50
62.75
63.00
63.50
62.75
63. 00
63.50
62.75
63.00
63.50
62. 75
63.00
63.50
62.75
63. 00
63.50
62.75
62. 75
63.00 p 63. 00
63.50 p 63. 50
680
963
527
783
'1,064
591
818
1,154
653
840
1,218
688
819
1,146
646
806
1, 003
578
805
985
608
805
1, 037
598
758
1J94
673
692
1,049
575
719
1,014
534
806
1, 068
546
759
1,095
564
816
1,229
687
73
72
41
81
78
44
79
82
46
78
85
48
77
78
44
82
68
37
82
68
40
82
74
42
78
87
50
80
78
42
88
79
42
91
84
49
91
83
44
94
88
48
8,194
101.2
9, 105
112.5
10, 695
134.0
11,490
139.3
10, 365
129.8
8,654
104.9
7,782
94.3
7,858
98.4
8,483
102.8
8,488
106.3
8.753
106.1
9,515
115.3
9,474
122.8
10,485 r 10, 549 pll,042
132.1 p 133. 8
127.1
j
183
119
93
219
125
100
215
130
104
217
145
115
201
131
105
217
105
86
216
119
95
219
121
97
225
135
107
255
126
101
262
133
107
312
145
117
333
141
114
345
157
129
308
113
86
306
116
88
323
124
92
312
125
93
297
118
87
306
96
74
310
105
78
298
115
91
306
123
95
311
111
84
312
114
88
320
139
111
322
121
93
327
138
108
5,879
231
395
522
86
916
597
199
112
592
259
505
2,373
646
1,126
6,296
263
443
603
92
972
631
224
110
587
262
488
2,587
735
1,209
7,308
314
498
632
109
1,119
735
247
129
706
324
567
3,038
888
1,434
8,061
342
548
715
113
1, 245
844
254
139
768
350
606
3,373
986
1,594
7,375
316
479
652
111
1,136
743
256
129
724
302
560
3,094
891
1,455
6,460
237
451
636
84
966
584
279
97
699
255
533
2,599
708
1,213
5,895
206
456
579
91
910
536
269
97
631
250
541
2, 232
582
995
5,455
212
417
587
90
848
490
260
90
569
244
405
2,084
571
898
5,927
266
464
614
70
948
580
258
103
605
263
404
2,293
655
1,019
5,617
285
428
608
74
909
584
220
97
468
221
352
2,272
672
1,044
5,540
252
420
588
92
853
579
167
99
442
192
323
2,378
685
1,149
6,475
281
422
614
109
977
680
169
120
504
221
563
2,786
833
1, 316
6,239
311
405
613
120
916
621
172
114
545
226
494
2,608
777
1,211
7,124
394
468
679
141
1,095
702
262
123
665
276
545
2,860
878
1.320
10.3
4.4
4.4
3.4
10.0
4.8
4.7
3.4
9.4
5.4
5.0
3.3
10.
6.
5.
3.
11.2
5.9
4.9
3.4
11.9
4.9
4.2
3.4
11.6
4.1
4.4
3.5
10.9
4.0
4.7
3.5
10.0
4.5
5.4
3.5
9.5
4.3
4.8
3.5
9.3
4.6
4.8
3.5
9.4
5.2
5.1
3.4
9.4
4.8
4.8
3.5
9.4
5.3
7.2
6.9
.0698
7.4
7.1
.0705
7.6
7.3
.0701
7.
.0704
7.5
7.4
.0704
7.3
7.2
.0704
7.2
6.8
.0704
7.4
6.8
.0704
7.3
6.7
.0714
7.4
6.9
.0715
7.8
7.2
.0715
7.8
7 2
.0715
8.0
7.3
.0715
r
Revised.
* Preliminary.
9 Includes data rlot showii separat ely.
t adopti 3n of the U.S. T iriff Sch edule;
t Beginning Sept. 1963, imports statistics reflec
these data may not be strictly comparable with fi ?ures she>wn for ] )rior moiiths.
tEffective with the Oct. 1963 SURVEY, data for stee 1 consunlers (marmfacturt rs only) reflect
r 5, 898 p 5, 914
3, 513 p 3, 536
r 2, 385 p 2, 379
5,971 v 5, 944
>• 7, 962 p 7, 935
r
3A
1
8.0
7.6
. 0715
7, 359
333
509
737
143
1,140
722
283
126
759
299
556
2,884
843
1,327
p
p
p
P
9.3
5.3
5.4
3.4
p 7 9
p 7. 6
0715 1
recalc ulated e stimates based ori the use of quanl ity cove rage fact ors (deri red from the 1958
Cens as of Ma nufactur ~>s); prev lousiy pu blished data wei e based on cost coverage factors.
Revi 5ions back to Oct 1961 ap]Dear in thle Oct. 1363 SURV EY.
SUKVEY OF CURRENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1964
1963
1963
Monthly
average
S-33
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
387
360
2,276
May
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders new (net)
Shipments
Backlog end of year or mo
thous. sh. tons__
do
do
barrels and drums, steel, heavy types (for sale):
Order^ unfilled end of mo
_thous__
Shipment
_-do
Cans f tin plate), shipments (metal consumed),
total for sale and own useO
thous sh. tons__
302
322
2,624
336
341
2.322
389
355
2,613
409
390
2,668
345
360
2,396
302
370
2,458
350
411
2,323
289
371
2,297
322
411
2,260
262
324
2,238
440
321
2,322
356
310
2,306
247
304
2,270
384
355
2,313
1,404
1,947
1,273
1,922
1,288
2,029
1,306
2,285
1,354
1,863
1,322
1,999
1,274
2, 058
1,281
1,956
1,233
1,994
1,107
1,702
1,119
1,603
1,184
1, 858
1,202
1,812
1,389
1, 955
400
381
383
407
403
458
514
459
425
299
288
342
293
341
176.5
133.2
192.7
63.0
181.3
67.0
192.9
63.0
192.5
63.0
201.4
58.0
203.1
67.0
197.4
66.0
205.1
71.0
201.1
63.0
209.1
73.0
212.0
68.0
200.2
67.0
214.2
72.0
208.3
25.6
4.9
12.6
34.7
3.4
13.8
30.6
3.3
16.8
35.5
3.3
16.9
47.4
2.8
12.6
53.9
4.1
16.0
40.5
3.5
13.6
38.2
3.5
13.0
34.5
4.0
13.2
36.9
4.1
12.6
36.1
3.9
11.9
34.3
"4.6
16.8
28.8
4.3
13.0
36.5
4.1
15.9
35.2
4.9
20.0
153.1
. 2388
105.6
.2262
101.7
.2250
88.2
.2250
83.3
.2250
85.7
.2250
94.5
.2250
93.8
.2250
96.9
.2298
110.7
.2300
99.0
.2300
108 0
.2300
107.8
.2300
106.0
.2343
93. 3
. 2350
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons__
Fstimated recovery from scrap
do
Imports (general):
Metal and alloys crude
do
Plates sheets etc
do
Fxports metal and. alloys crude
__do
Stocks, primary (at reduction plants), end of mo.
thous sh. tons
Price, primary ingot, 99.5% min
$ per lb_.
Aluminum shipments:
Inent ind mill products (net) A
Mill products total
Plate and sheet (excl foil)
Castings
526.7
355. 2
166.9
79.4
537.5
356. 0
166.6
83.5
591.2
402.7
198.0
83.1
526.0
359.7
172.2
78.5
526.4
362. 1
175.1
65.1
552. 9
377.7
179.7
75.5
535. 6
345. 8
161.3
77.0
584.6
423.7
210.0
85.0
489.8
324.8
144.4
79.8
523 7
328.6
145 0
79.3
532. 7
546 3
362.3 ' 357. 1
170.1
170 9
84.2
90.7
102.4
134.3
101.2
33.1
22.7
100.8
133.0
101.6
31.4
24.0
105.2
132.1
101.2
30.9
25.4
105.0
137.2
106.7
30.5
24.1
92.9
138.9
102.4
36.5
24.4
86.1
135.5
101.7
33.8
17.7
96.8
134.9
98.6
36.3
23.3
99.1
129.0
95.1
33.9
24.9
109.8
138.0
103.5
34. 5
25. 8
106.3
131.8
103.7
28.1
23.3
107.0
141.3
106 3
35.0
23 7
107.3
140.4
103 4
37.0
24 1
107.4
147.1
109.8
37.3
22.4
40.1
8.2
45.1
9.9
35.2
8.4
42.0
9.0
46.2
9.6
41.3
11.0
55.1
17.2
70.8
13.3
51.7
33.0
11.8
54 0
7.4
45.9
8.9
35.4
11.3
32.1
28.0
134. 2
30.0
26.0
146.2
29.7
24.7
147.6
33.1
27.2
160.5
32.0
28.9
155.4
27.6
22.7
109.2
37.5
33.0
144.4
29.5
25.3
142.0
29.5
25.6
163.7
30.0
26.4
147.5
39. 7
33 9
140 7
34.3
29 5
150.7
31.4
26.6
152.0
177.5
102.0
.3060
175.4
96.0
.3060
184.4
98.8
.3060
168.0
89.2
.3060
153.3
87.6
.3060
197.2
119.2
.3060
183.8
115.1
.3060
173.8
103.0
.3060
154.7
80.1
.3060
150. 3
75.9
.3060
145 3
82.8
.3060
135.0
80.9
.3060
140.4
90.9
.3060
578
409
229
616
428
239
19.7
37.0
20.9
39.7
20.9
39.4
24.2
38.9
22 3
38.1
23.6
33.6
24.5
39.8
22.2
40.5
24.7
47.0
22.6
43.7
22.6
37.4
24.8
39 9
22.7
39.6
"24.3
42.6
23.8
33.4
92.5
31.3
96.2
30.1
94.6
30.2
97.2
34.1
93.4
31.9
85.0
24.8
92.7
31.5
93.5
32.1
108.6
38.1
101.9
33.1
100.7
32.4
105.4
37.7
93.7
31.2
92.1
26.0
91.0
110.2
80.8
79.9
90.6
98.8
97.0
105.3
111.1
112.2
110.2
109 5
117.4
111.5
142. 5
93.5
56.9
115. 5
112.6
97.2
108.5
94.1
101.0
95.7
94.5
101.8
85.3
104.3
80.4
109.4
72.0
108.5
64.2
111.5
56.9
115.5
47.3
111 2
45.2
111 4
45.6
118 6
46.1
.0963
62.7
.1114
48.4
.1050
48.1
.1050
45.9
.1071
52.6
.1107
54.8
.1135
57.0
.1163
57.3
.1194
55.7
.1215
62.7
.1250
67.2
.1298
71 9
.1300
72.8
.1300
.1300
447
3,422
1,750
(2)
3,732
1,830
235
7,070
5,085
0
4,496
1,930
230
7,420
5, 290
3
4,384
1,895
210
6,985
5, 035
0
3,451
1,565
220
6, 425
4,770
339
4.081
1,690
215
6,470
4,530
259
2,327
1,760
235
6,030
4,145
627
3,546
1,925
240
6,705
4,455
989
3,080
1,990
290
5,490
3,630
265
3,109
1, 765
270
5,960
4,010
1 249
3' 227
1 770
190
6,580
4 710
1,705
2,378
2,020
260
6,750
4,790
738
3 146
2 046
2 227
2f>0
6,590
4, 550
211
3,596
1,820
230
6, 525
4.601
36
_do-_
_ _ d o 21, 730
$ p e r l b _ _ 1. 1461
135
25,610
1. 1664
84
22, 515
1. 1302
27
21, 255
1. 1665
410
25, 585
1. 1772
97
24, 110
1. 1534
151
23, 590
1. 1484
265
32, 000
1.1611
170
30, 980
1. 1997
102
30, 245
1. 2704
165
29, 364
1. 3020
207
27, 185
1. 3402
297
25, 245
1.4012
964
20, 870
1. 3482
do
do
._$ per lb_.
?opper-base mill and foundry products, shipments
(ouarterly aver, or total):
Conner mill (brass mill) products
mil Ib
Copper
'"^
P
nrndnots
do
>ad :
Production :
Mine recoverable leadt
thous. sh. tons_.
Secondary recovered from scrap©
do
Imports (general), ore©, metal?
Consumption total? -
do
- do
Stocks, end of year or mo.:
Producers', ore, base bullion, and in process©
(ABMS)
thous. sh. tons..
Refiners' (primary), refined and antimonial
(lead content)
_ thous sh tons
Consumers'cf
do
Scrap (lead-base, purchased), all smelters
thous sh tons
Price, common grade (N.Y.)
$perlb_.
'in:
Imports (for consumption) :
Ore©
Ig tons
Bars, pigs, etc.
do
Estimated recovery from scrap, total©
do
As metal
do
Consumption, pig, total
do__ _
Primary
do
Exports, incl. reexports (metal)
Stocks, pig (industrial), end of mo§
Price, pig, Straits (N.Y.), prompt
:nc:
Mine production, recoverable zinct
thous. sh. tons..
Imports (general):
Ores©1___
doMetal (slab, blocks)^
do
Consumption (recoverable zinc content) :
Ores©-,,
do
Scrap, all types
__do
r
r
669
445
239
578
398
234
623
457
249
.2350
644.1
431.8
223.1
88.4
r
r
112.3
145.0
109.6
35.4
29.4
111.7
144.9
113. 3
31.4
27.0
60.0
10.3
42.1
10.9
33.2
25.4
!62.2
33.6
28.2
p 163. 8
' 140. 7 p 141.0
'88.8 T 88.2
.3160
.3112
.3160
•f 690
467
r 259
.1300
7,165
5 085
42.1
43.9
46.1
45.5
42.5
40.5
44.9
41.5
46.9
45.1
45.1
48.8
44.9
46.3
39.0
11.8
31.1
12.1
34.3
11.7
28.0
10.4
34.8
7.7
33 9
11.9
31.7
8.2
27 0
19.4
26 9
11.0
29 8
15.2
33 0
14.7
23 Q
11.4
39 2
10.6
28 5
10.5
8.2
16.7
8.0
16.0
8.2
15.7
8.9
16.8
8. 9
15 8
8.1
15 4
7.1
15.5
8.2
16 1
8.7
16 6
7 7
16 1
77
15 9
7 4
16 4
8 0
16 5
8 9
16 9
Revised.
p Preliminary. * Recoverable aluminum 2content. Monthly data are
pressed in metallic content (incl. alloying constituents).
Less than 1 ton.
OReflects new factor to derive tonnage equivalent (23.5 base boxes per ton of steel).
ABeginning Jan. 1963, net shipments of ingot derived by new method to include imports
it previously included. {Revisions for 1962 are in the Sept. 1963 SURVEY.
r
464.3
317.6
142.6
77.2
jn\\ Ib
do
do
do
Copper:
Production:
Mine recoverable copper!
thous. sh. tons
Refinery primary
do
"Prom domestic ores
do
"From forelsn ores
do
Secondary recovered as refined
do
Irrmorts (eeneral):
Refined unrefined scrap©^
-- -- do
Refined
--do
Exnorts:
Refined scrap brass and bronze Ingots, do
Refined
- do
Consumption refined (by mills, etc.)
__do
Stocks refined end of mo , total
Fabrlcntors'
- Price, bars, electrolytic (N.Y.)
r
1,079
1.3351 1. 3485
27 6
9.7
©Basic metal content (for tin ore, through Aug. 1963; gross weight thereafter).
tSee
similar
note, bottom p. S-32.
d1 Consumers' and secondary smelters' stocks of lead in refinery shapes and in copperbase scrap.
§Effective Sept. 1962, includes surplus tin held by GSA (i.e., tin to be offered
for sale and tin for which bids to purchase were rejected by GSA).
SURVEY OF CUERENT BUSINESS
S-34
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 196.3
Monthly
average
1963
Apr.
May
June
July
1964
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
METALS AND MANUFACTURES— Continued
NONFERROUS METALS AND PROD.— Con.
Zinc — Continued
Slab zinc:
Production (primary smelter), from domestic
and foreign ores
thous. sh. tons..
Consumption fabricators'
Exports
Stocks, end of year or mo.:
Producers' at smelter (AZI)A
_do
d°
-do
Price, prime Western (St. Louis)
$perib.HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:
Cast iron
--- mil. sq. ft. radiation. _
Nonferrous*
do_ _
Oil burners:
Shipments
tnous__
Stocks end of year or mo
do
Stoves and ranges, domestic cooking:
Shipments total (excl liquid-fuel types)
do
QaS(-^i
do
Stoves domestic heating shipments, total
do
Qas '
do
Warm-air furnaces (forced-air and gravity air-flow),
shipment^ total
thous..
Gas
"
do
\Vater heiters gas shipments
do___MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
Fans ind blowers new orders
mil. $ TJnlt heater group new orders
do
Foundry equipment (new) , new orders, not
mo. avg. shipments, 1957-59-1 00, _
Furnaces (industrial) and ovens, etc., now orders
(domestic) net*
mil. $
Electric processing
- do
Fuel-fired (exc for hot rolling steel)
do
78.1
6.0
99.3
2.4
79.3
5.3
88. 5
1.9
83.8
4.8
88.5
1.3
76.0
4.8
91.7
.4
76.8
4.9
86.9
2.4
86.0
5 2
95.2
1.7
55.4
90.1
.1250
53.9
88. 1
. 1250
50.2
87.0
.1250
55.1
92. 1
.1294
48.2
92.1
. 1300
43.6
'92. 5
.1300
46.0
93.9
.1300
10
11 6
1.4
12 4
1.4
13 9
1.1
98
1.0
8.0
.9
8.1
.9
8.2
11
7.4
41 9
65 1
58 5
63 8
75 7
51 8
72 4
49 5
55 9
43 9
32 8
49 2
42.3
44.1
41.7
M4. 2
40.2
47 9
177.3
173 9
155 3
15° 6
185 0
181 3
198.9
194 9
207 3
202 5
173 7
170 7
162.2
160 ">
158.1
156.0
167.7
165.7
200.0
197 4
116 9
62 6
158 4
103 4
ISO 8
110 0
?54 2
171 4
239 1
146 3
958 2
170 4
183 6
132 0
120 5
81 6
91.0
54.3
r
70. 8
-•38.7
113 2
77. 7
104.8
85.3
218.0
113 1
91.4
231 2
116 4
94 6
183 5
140 2
110.4
184 9
168 8
130.6
179 7
170 4
134 5
228 1
132 4
106. 5
176 8
97 6
81 6
191 ^
95.8
79.2
248. 3
95.9
79.4
237. 1
99 2
82 8
244 9
235.8
251.8
272. 9
5.8
.8
2.4
-9.7
1.0
r
5.7
10 5
13
6 8
73.3
4.9
86.0
3.0
74.9
4 5
90.1
2.8
73.1
4.1
93.4
3.1
77.3
4.5
99.2
2.9
69.6
4.4
91.1
4.4
69.0
4 1
85.4
72.6
4 6
92.5
4.9
4.1
2.0
144.7
80.0
.1162
55. 1
92.1
. 1200
140.7
65.7
.1150
126.5
64.3
.1150
105.9
69.5
.1150
80.0
86.4
.1202
64.6
88.1
.1250
1.0
10
9 2
.9
6 3
.6
7 7
.9
90
7
91
39.8
49 9
48 8
42 2
39 2
67 8
43 0
60 7
48 7
65 8
166.7
163.6
176 0
173 1
176 9
174 6
187.3
185 0
157. 0
94.1
161 9
101 5
105 6
55 7
108.9
87.1
217.7
117 8
95 3
200 3
94 1
80.5
223 1
140.2
i 16.2
i 40 9
i i^ 7
111.4
131.9
107. 3
148.7
135.1
127.6
160.4
122,3
184.8
127. 1
129.6
7.0
8.1
1.9
3.1
10.8
1.0
4.7
7 '">
1.5
1.4
5.3
9.2
1.0
1.6
1.0
5.7
9.6
.7
2.7
7.6
.9
4 6
8.5
2.8
8 2
11
34
4.3
6.1
1.0
30
3 12. 6
72.5
5.4
90.6
43.7
16 7
r
Q
198 7
136.5
128.3
98.2
140.8
150.2
128.1
135 7
136.6
156 2
146.5
153.3
170 8
500
471
547
581
579
550
558
532
550
589
579
533
433
511
563
490
602
611
523
598
590
630
491
484
515
609
548
578
2,232
2, 434
2,212
2,569
2, 750
2,307
2, 567
2,661
2, 941
2, 738
2,830
2, 543
2, 518
2.862
Machine tools:
Metal cutting tools:
Orders new (net) total
Domestic
Shipments total
Domestic
Estimated backlog
mil. $ .
do
do
do
- months
44.80
36.70
47.85
35. 15
4.2
59. 50
47 50
49. 90
41.10
5.2
62.20
48.50
46. 55
39.35
5.2
66.50
46. 30
53.65
45.85
5.2
57.10
44.40
53.55
46.50
5.2
57.90
47. 90
44.55
38.65
5.5
49.20
38.55
41.20
33.30
5.6
56.55
45. 40
54. 75
42.85
66.85
53. 35
54.05
42. 95
5. 7
59. 10
49.65
52. 35
41.75
5.6
77. 40
64 15
69.00
56.30
5.6
80.15
60. 60
50. 35
39. 85
6.2
74.50
60.45
51.25
39.10
6.3
mil. $
do
do _
__do
months
14.60
11.65
12. 40
9.30
4.6
18 10
15. 90
15. 30
12. 80
4 7
16.05
11. 55
14. 35
11.60
4. 7
13. 40
10.85
18. 60
15. 85
4. 2
14.80
13.15
18.85
17.45
15.55
13.90
14.95
12. 70
19.85
18.15
12. 65
11.40
22. 35
17.60
14.70
12. 10
32. 35
29. 95
16.35
13.00
5.4
15. 95
15.20
14. 05
11. 30
5.6
21. 20
19. 80
14. 30
12.50
5.8
48.80
47.40
15. 00
12. 40
7.6
20. 30
18.85
19.15
16.15
7 7
2
30 8
2 17 •>
2
2
60. 3
2
2 71 3
Metal forming tools:
Orders now (net) total
Domestic
Shipments total
Domestic
Estimated bpcklog
--
-
Other machinery and equip., qtrly. shipments:
Construction machinery (selected types),
totil Q
mil $
Tractors wheel (con off-highway)
do
Tractor shovel loaders (integral units only),
wheel ind trackliying types
rnil $
Tractors, wheel (excl. garden and contractors'
Farm machines and equipment (selected types),
excl tractorsO
niil $
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments
thous__
Household electrical appliances:
Ranges (incl. built-ins), sales, totalj
do._
Refrigerators and home freezers, output
1957-59=100
Vacuum cleaners, sales billed
thous
Washers, sales (dom. and export).do.
Driers (gas and electric), sales (domestic arid
export)
thous
i 261. 4
i 64. 2
1
19.7
1
307. 6
80 2
22.9
1
1
1
158.9
"
3.9
4.2
4.6
309 9
80 2
378. 9
98. 1
31.6
284 9
78 4
18 3
>>7 9
73.5
86.3
71.8
73. 6
i 130. 1
1
151 3
166.1
100.6
159 0
i 197. 7
1
213.7
269 6
199. 7
1 50. 9
57 6
242.6 ,
7.4 i
1.2 1 .
3.8
581 i
510 '
3,032
* 77. 70
40
80
48. 45
6 4
91.20
79.05
65.25 ....
52.55
6.7
r
T
T
r
46.55 !
44.25
18.95
17.85
9.1 i
r
61
r
63
r
24 10
19 35
16 90
15.40
r 8 0
31 5
;
2,653
1, 551
1, 832
1, 903
2, 190
2,604
3,186
3. 673
3, 174
3, 622
3, 146
1, 653
1, 394
139.6
155.8
143.9
153. 4
160. 8
140.2
156. 4
165. 8
167.9
159. 4
174.4
144.4
165.8
194.1
157.4
119.2
309. 3
305. 5
127.9
353. 9
329. 1
130. 6
340 8
279. 5
139.3
333. 8
311.0
145. 1
291. 2
358.6
133. 8
297 1
281.2
93 1
396 1
379^7
149.0
423 0
403.7
127.8
416 4
367.4
129 0
38v) 6
336. 9
128 6
349 7
273. 5
131 3
324 7
302. 5
150 3
365 0
330 0
150 8
490 5
37° 0
151 5
383 8
299 2 ;
116.4
133.0
72.3
70.2
91.0
99 5
173 5
200 3
197 1
180 3
153 2
142 8
135 8
l'/l i
90 •>
••Revised.
i Quarterly 4 average.
2 For month shown.
3 Data cover 5 weeks;
other months, 4 weeks.
Data cover 6 weeks.
9 Includes data not shown separately.
AProducers' stocks, elsewhere, end of May 1964, 20,300 tons.
*New series. Shipments (from The Institute of Boiler and Radiator Manufacturers)
represent the following approximate percentages of total industry shipments: Convectors,
90 to 95%; radiators and baseboards, 80 to 85%.
cfIncludes data for built-in gas fired oven-broiler units; shipments of cooking tops, not
included in figures above, totaled 30,900 units in Mar. 1964.
38 0
. 1350
2,540
Radio sets, production §
do
1,596.8 1, 523. 5 1, 359. 8 1,384 1 31,653.9
594.2
539.3
Television sets (incl. combination), prod.§___do
507.5 3 665.0
548.6
Electron tubes and semiconductors, factory sales ©
75.9
73.6
72.2
76.8
72.5
mil. $..
154
Insulating materials, sales, index
1947-49=100..
148
154
153
149
Motors and generators:
New orders, index, qtrly
do
1149
1151
155
New orders (gross) :
12.4
Polyphase induction motors, 1-200 hp__mil. $..
12.4
12.0
13.3
12.6
2.2
29
D.C. motors and generators, 1-200 hp
do
2.6
2.5
3.0
3.8
5.4
. 1332
41 8
18 2
39 9
14 6
Material handling equipment (Industrial):
Orders (new) index seas adj
1957-59 — 100
Industrial trucks (electric), shipments:
Hand (motori?ed)
number
Rider-tvpe
do___
Industrial trucks and tractors (gasoline-powered),
shipments
number--
-
2.6
43. 5 |
1,599
3
990 6 1 ?52 9 2008 2 1872 7 1 799 8 41 772 o 1 413 3 1 367 9 31 pon i 1 337 4 1 399
384.3
731.1
565.2 3 779. 4 630.1
621.4 4 690. 0
751.5 3 877. 9 ' 712! 7 ' 582
59.5
127
77.4
142
82.5
154
81.5
160
71.7
144
154
11.1
1.9
12.8
3.3
13.7
2.9
73.0
151
52.1
154
52.6
146
12.1
2.1
13.3
2.3
52.4
3.63
I
159
154
12.7
2.5
56.9
167
12.4
2.6
13.5
3 4
14.9
2.8
lst-4th qtrs. 1962 (mil. $): 219.0; 238.0; 191.5; 142.4.
|Re visions for 1962-63 appear on p. S-34 of the Apr. 1964 SURVEY.
§ Radio production comprises table, portable battery, auto, and clock models; beginn
Jan. 1964, television sets include figures for color sets.
© See similar note, p. S-35.
SUEVEY OF CURRENT BUSINESS
June 1964
Unleas otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
j 1963
Monthly
average
S-35
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
1 527 1 311
149
248
Feb.
Mar.
Apr.
May
1, 155
86
1,427
1 665
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons.. 1,408
156
Exports
_ _
do
Prices:
28.63
Retail, stove, composite
$ per sh. ton-13.050
Wholesale, chestnut, f o b mlne_
_ _ do
1,609
279
1,492
195
1 682
340
1 783
286
1 93?6
12
1 959
420
1 690
407
1 809
345
1 405
319
1 608
309
29.39
13 195
29.14
12. 180
28.30
12. 180
28.62
12 565
28.84
12 775
29. 04
12 985
29.79
13 510
30.00
13 510
30 54
14 420
30 95
14 420
31.35
14 490
31.40
31.40
14 490 pl4 490
31.40
Bituminous:
Production
35,178
37,667
37974
40 919
38 862
27629
41 650
39 710
44 195
38 228
38 491
40 430
34 790 r36 790
37 315
32,314
15,903
14,006
6,188
34, 106
17, 420
14, 668
6,474
31, 287
15, 378
14, 864
6,913
31, 885
15, 717
15, 239
7,319
31,401
16. 191
14,426
6,948
31,615
17,053
13, 649
6,545
32, 470
17, 649
13, 583
6,112
31, 596
16, 566
13, 405
6,039
33,814
17,593
14,612
6,370
34. 388
17, 783
14,615
6,241
40,199
20, 727
16,329
6, 570
39 768
20, 389
16 411
6,789
36, 755
18, 732
15, 525
6,540
36, 436
18, 465
16, 095
7,012
2,349
1,962
1,011
830
703
841
1,153
1,536
1,511
1,905
3,118
2,968
2,496
1, 872
64, 551 67,638 63,318
45, 157 46, 799 44, 625
19, 033 20381 18, 199
7,648 8,202 6,386
67, 002
46 91?
19, 555
6 919
69, 388
49, 138
19, 712
7 290
72, 708
51 722
20, 423
7 912
73, 383
52 383
20, 391
8,054
70, 083
49 314
20, 270
8 014
thous. sb. tons
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
month, total 9--thous. sh. tons__ 67, 960 65, 692 59, 764
Electric power utilities
do
46,665 46 139 41, 554
Mfg and mining industries, total
do. _ 20, 845 19, 103 17, 907
Oven-coke plants
_ _ _ _ _ _
do
9,044 7 373 6,883
66
46
19
7
536
422
659
780
64
44
19
7
430
961
121
900
84
63, 054
43 717
19, 083
8 312
449
450
303
361
458
494
535
538
563
609
499
455
348
254
Exports _
do. -. 3,201
Prices:
17.30
Retail composite
$ per sh ton
Wholesale:
i 4. 918
Screenings, indust. use, f.o.b. mine
do
Domestic, large sizes, f.o.b. mine
_do_ _ J 7. 443
3,923
3,561
4,573
4,110
3,685
5,325
5,266
5,029
4 500
3,536
3 152
3 065
3,028
3. 523
17 46
17. 52
17.14
17 04
17 13
17 13
17.46
17 69
17 73
17 83
17 89
17 89
17 89
17 76
4. 748
7 014
4.726
6.754
4. 746
6.533
4.753
6.633
4.757
6.813
4.752
6 886
4.752
7.061
4.745
7 231
4.748
7 257
4.748
7 257
4 726
7 276
4 731 P 4.731
7 221 P 7 023
68
4, 258
1,312
78
4 441
1 344
86
4,741
1,296
100
4, 964
1,301
95
4,735
1 3^0
81
4,467
1 407
76
4,201
1 385
75
4,158
1 350
76
4 391
1 367
76
4 290
1 355
79
4 520
1 457
82
4 601
1 440
78
4 485
1 343
3,899
2,796
1,103
1.053
33
3 001
2 301
700
1 200
38
3,186
2,354
831
1,181
60
2,792
2, 057
735
1,138
61
2 631
1 967
664
1 129
63
2, 618
1 952
666
1,157
44
2 730
2 ()89
641
1, 152
39
2,801
2 185
616
1 171
33
2 888
9 304
584
1, 195
23
2 899
9 379
590
1 381
41
9 881
9 394
486
1 297
19
2 831
9 380
451
1 ?84
19
2 672
2 253
418
1 313
23
1, 691
2.93
264. 2
87
1,721
2.93
249.7
83
1,737
2. 93
263. 9
85
1,542
2.93
263 6
88
1,860
2.93
272 7
88
1,809
2.93
273 5
88
1, 725
2.93
°60 °
87
1,633
2.92
266 9
86
1, 480
2.92
1,768
2.92
°69 3
" '87
1, 567
2.92
973 3
88
1, 628
2.92
256 8
89
P2.92
317.4
327.6
325.3
329. 1
312.9
316.8
331. 8
322. 5
326.0
345.7
228.3
32.0
234. 5
33.1
99Q 9
995 9
32. 8
233 6
34.1
226 3
34. 3
238 1
36.4
994
31.9
236 8
34.0
336.7
939 g
35.6
363. 1
229.4
33.4
333.7
935 1
33.3
333.1
223.0
31.1
34.1
240 6
36.0
34.3
29. 1
1.0
34.4
30.4
.1
32.6
32.5
24.5
34.5
27.1
18.1
31.9
22.3
19.7
38.2
27.0
19.3
36.7
25.5
12.3
34 9
23.9
11.0
31.4
32.7
11.7
34 2
27.6
2.9
30 3
38 0
-54.9
39 g
49 0
—22.8
32 2
35 2
—9 9
30 9
32 ?
6 4
316.4
327. 5
300.8
311.0
293 2
314 4
399 8
305 8
320 1
319 6
.2
6.6
294.1
138.2
10.1
6.2
304.7
143.3
10.2
1
5.4
287. 6
140.7
9.8
5.9
308.3
150. 0
10.9
.2
6.4
314.3
151. 1
12.4
1
70
298.7
134. 0
13.3
2
60
313.8
142.0
12.5
1
6 5
313. 0
132. 9
15.4
385 8
1
6 7
379.0
130. 5
21.2
339 4
.1
6.2
321.2
4
136. 2
4
14. 4
391 6
2
6 3
385.1
134.7
21.9
335 9
.1
5.0
311. 3
132. 1
13.7
I
4 g
331.0
121.8
17.7
6 0
333. 1
135. 5
15.2
61.0
45.5
462.3
M5.1
48.9
43.4
48.2
37. 0
39.7
35.0
8. 7
40.3
36.2
10.8
43 0
36.1
11.8
50 5
35.6
10.2
49.5
41.8
10.9
61. 5
43.8
9. 1
102 2
60.4
8.8
96 1
66.4
9.7
81 5
53^4
8.4
73 4
49.7
9.5
4.1
14. 4
15. 1
3.8
13.8
14.8
3.7
16.5
17.0
4.0
16. 2
17.2
3.4
14.6
16.1
4.3
14.2
17.6
3.3
6.9
20.9
2.9
4.1
29.5
4.0
3.3
27.8
3.4
3.3
22.2
3.8
4.3
19.9
833.4
250.0
35.4
547.9
852. 7
250. 0
38.8
563. 9
864. 9
249. 1
41.4
574. 5
875.9
248. 3
43.1
584.6
887. 6
245.5
43.8
598.3
890. 5
244. 4
42.1
604.0
835. 6
237.4
33.7
564. 5
812.8
241.0
28.4
543.3
240.1
27.4
535. 4
133.0
.4
215. 1
Retail dealers
_do
COKE
Production:
Beehive
- _ - -thous. sh. tons
Oven (bvproduct)
_.__do_ ..
Petroleum coke§ _
_
do
Stocks, end of month:
Oven-coke plants, total
do
\t f urn nee plants
do
Vt merchant plants.
do
Petroleum coke.
do
Exports
_ -_
do
2
2
38 010
87
r 4
821
85
4 855
1 457
2 507
9 14]
420
2 421
9 008
' 413
1 329
97
25
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Okla.-Kansas)
Runs to stills
Refinery operating ratio
number__
$ per bbL.
mil bbl
% of capacity--
All oils, supply, demand, and stocks:!
New supply, total
mil. bbL..
Production :
Crude petroleum
do
Natural-gas liquids, benzol, etc
do
Imports:
Crude petroleum
do _
Refined products.
do
Change in stocks, all oils (decrease, — )_. do _
Demand, total
Exports:
Crude petroleum
Refined products
Domestic demand, total 9
Gasoline
Kerosene
Distillate fuel oil
Residual fuel oil. _ _
do
_
_ _
Tf>t f l l o l
do
do _ _
__do
do _
do
do
do
1,781
2.97
255. 8
84
3
rtf\
Lubricants
do
3.6
3.6
Liquefied gases
do
21.3
* 19. 5
3. 8
5. 9
15.4
9Q| Q
87
Stocks, end of month, total
Crude petroleum
Natural-pas liquids
Refined products
do
do
do
Ido
820.6 * 831. 1
248.1 246.9
35.2
33.8
537.3 4 550. 4
795.5
251.4
27.2
517.0
813. 6
255. 7
31. 6
526. 4
Refined petroleum products:!
Gasoline (incl. aviation):
Production
_
E xports
Stocks, end of month
do
do
do
131.9 ^135.7
5
6
188.6 4 192. 8
126.9
g
204.8
133. 4
2
136.8
141.5
144.0c
135.7
138.2
135. 6
144.1
195.7
192.6
184.7
178. 3
181.3
178.3
181.3
190.9
142.4
.6
203. 2
Prices (excl. aviation):
Wholesale, ref. (Okla., group 3)
$ per gal..
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal..
r
1
2
3
802.9
87
9
809.2
246. 9
29.9
532.5
140.1
.8
220.4
.113
.109
.115
.120
.125
.115
.108
.115
.110
.090
.105
.105
.100
.100
.204
.201
.204
.192
.208
.208
.208
.200
.197
.201
.204
.196
.199
.199
Revised.
* Preliminary.
Monthly average based on Apr .-Dec. data.
Data beginning Jan. 1963 not entirely comparable with those for earlier periods
Beginning Jan. 1963, data exclude condensate wells formerly included.
* Sec note 1 for p. S-36.
^
1,507
°69 9
.195
9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke.
t Re vised data for months of 1962 appear on p. 28 of the June 1964 SURVEY.
NOTE FOR ELECTRON TUBES, p. S-34-e Beginning Jan. 1964, excludes sales
of receiving tubes; 1963 sales of such tubes averaged $22,800,000 per month.
SURVEY OF CURRENT BUSINESS
S-36
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
June 19C4
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products J— Continued
Aviation gasoline:
10.2
Production
__mil. bbl__
.4
Exports
do __
10.5
Stocks end of month
-- do
Kerosene:
13.1
Production
do
30.6
Stocks end of month
do
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gal_ . .104
Distillate fuel oil:
60.0
Production
mil. bbl__
1.0
Imports
- -- do
.7
Exports
do
133.4
Stocks end of month
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
.092
$ per gaLResidual fuel oil:
24.6
Production
mil. bbl_.
22.0
Imports
do
1.1
Exports
do
46.6
Stocks end of month
do
1.58
Price wholesale (Okla., No. 6)
$perbbl_.
Jet fuel' (military grade only) :
8.6
Production
mil bbl
8.7
Stocks end of month
do
Lubricants:
5.1
Production
do
1.5
Export*^
do
12.8
Stocks end of month
do
Price, 'wholesale, bright stock (midcontinent,
.261
f o b Tulsa)
$ per gal_ .
Asphalt:
9.1
Production
- mil. bbl_.
16.3
Stocks end of month
do
Liquefied petroleum gases:
6.4
Production
do
14.9
Transfers from gasoline plants
_ do
Stocks (at plants, terminals, underground, and
33.6
at refineries) end of mo
mil. bbl_
10.4
11.2
10 9
11.0
11.2
98
10 8
10 0
10 0
10 6
12.2
12.0
11.6
10 4
95
9.5
.5
10 0
10.7
9 6
93
88
94
9 7
10 8
10 3
i 13.8
i 31.7
13.6
27.3
11.9
29.6
11.7
3? 3
12 9
35 2
12.5
36 2
12.2
36 0
14 9
39 1
14 8
39 1
16 2
34 1
17 3
30 9
14 7
28 5
14 3
28 5
.4
10.5
.3
.1
.5
.3
.3
.5
.5
6
.4
2
.6
.102
. 106
.101
.101
.101
.101
.096
.096
.099
.104
.104
.104
v .099
163.8
57.3
60.2
.8
1.2
.6
1.2
.6
1.2
60.1
62.4
63.3
63.2
63.9
.7
1.4
.9
1.1
65.8
67.5
62.8
61.7
.6
1.1
62.9
128 5
110.5
99.2
i 135. 8
91.7
7
1.0
103.2
123.4
.7
1.0
145 2
165.2
177.2
191.4
1.0
1.3
.8
.4
192.6
156 7
1.6
1.2
1.1
.4
.9
.6
.092
.096
.091
.091
.091
.091
.086
.086
089
.094
.094
.094
v .089
123.1
22.9
21.5
24.8
21.0
19.1
1.3
1.3
21.7
18 1
21.8
16.9
21.5
15.7
21.0
23 2
22.5
20 7
22.3
24 7
52.5
1.55
52.6
1.55
54 4
1.55
1.8
52 2
1.55
1.0
50 9
1.55
1.0
25.8
39 7
16
45 4
1 80
22.7
29 2
1.7
25.0
31 6
13
47 5
1.55
43 3
1.65
1.7
39 1
Pl.50
83
78
85
78
85
79
90
91
4.8
148.6
1.57
44.7
1.55
46.6
1.55
21.8
15 3
10
48 1
1. 55
8.3
9.4
8.2
9.3
8.6
9.6
9 0
10 2
91
10 2
8,9
9.6
8.5
9.3
78
86
8.9
5.3
1.5
5.2
1.9
5.5
1.8
53
13
13 4
56
18
13 4
5.4
5.4
1.6
5.4
5.3
52
12
14 3
14
14.3
14
14.4
1.3
13.7
13.7
13.2
.270
.270
.270
270
9.3
8.6
11. 1
20.9
12 1
19 8
16.7
M.7
23.8
4.8
5.0
4.9
1.1
1.4
9.9
5.2
15
13.4
13.8
15
13 4
14
14.0
50
18
14 3
.270
.270
.270
.270
.270
.270
.270
.270
P .270
12 9
16 8
13.2
14.5
12.4
12.8
11.3
10 4
8.2
4 4
15 g
5.6
11 9
6 2
14 4
18 1
7.3
21.3
5.0
4.9
4.4
14.9
11.1
11.1
10.6
12.7
12.8
12.1
13.5
4.2
4 2
16.5
50
23.3
50
22 1
17.1
4.7
5.2
15.0
130.2
22.5
27.2
31.9
35.5
38.5
41.2
41.8
39.4
30.3
24 3
22.9
25.4
Asphalt and tar products, shipments:}:
Asphalt roofing
total
._ thous. squares. . 5,367
1,913
Roll roofin0" and cap sheet
do
3,454
Shingles all types
do
5,372
2,009
3,363
5,677
2,076
3,601
6,525
2,311
4,214
6,309
2,167
4,142
7,684
2,746
4,938
6, 954
2,602
4,352
6,419
2, 450
3,969
7,114
2,764
4,350
4,604
1,810
2,794
3,103
1 214
1,888
3,134
1 213
1 920
4,521
1 610
2,911
4,705
1, 777
2,928
5,719
2 042
3,677
67
77
82
66
70
82
57
76
89
62
84
93
58
81
89
78
93
109
78
100
95
81
93
83
102
102
98
85
56
74
52
37
60
43
31
67
60
36
88
48
r44
50
57
74
Asphalt siding tfo
Insulated siding
Saturated felts
-
do
thous. sh.tons..
78
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
__thous. cords (128 cu. ft.)_.
Consumption
_
do
Stocks, end of month
do
Waste paper:
Consumption
thous. sh. tons__
Stocks, end of month
_do
3,668
3,673
5,225
3,816
3,847
5,124
3,517
3, 812
5,137
3,772
4,006
4,897
3,574
3,860
4,652
3,656
3,555
4,819
4,370
4,150
5,180
3,945
3,754
5,118
4,335
4,102
5,353
3,821
3 975
5 116
3,495
3 626
4 976
4,030
4 055
4 936
4,175
3 906
4 981
4,157
4 126
4,987
756
498
729
501
739
526
775
510
742
509
663
529
762
515
737
494
797
506
710
465
668
514
741
490
748
477
799
470
2,326
106
1,358
214
2,453
114
1,458
224
2,421
103
1,437
229
2 578
116
1, 535
233
2,397
122
1,424
210
2,308
108
1,361
209
2, 576
121
1,549
229
2,390
106
1,416
211
2,631
124
1,555
242
2 593
120
1 551
230
2 283
97
1 357
229
2 605
138
1 528
231
2 530
125
1 509
224
2 667
127
1 608
242
do
do
do
283
104
261
289
2117
289
113
249
306
117
270
276
113
251
274
111
245
295
120
262
280
124
253
310
125
274
308
124
261
280
106
215
327
124
257
304
127
241
320
129
241
do
do
-do
do
878
297
509
72
713
263
3372
78
729
282
369
77
710
274
358
78
721
279
364
79
721
256
380
85
721
252
378
90
706
243
381
82
707
246
384
77
731
264
394
73
717
235
408
75
739
266
396
78
745
266
399
80
759
271
403
84
Exports all grades total
Dissolving and special alpha
All other
do
__ _do
do
99
40
59
118
44
75
97
34
62
148
56
92
108
37
71
120
39
80
130
48
82
128
55
73
116
41
76
106
38
68
142
49
93
132
43
89
120
42
78
139
55
83
138
46
92
Imports, all grades, total
Dissolving
and special alpha
A1! other
_
do
do
do
232
23
231
22
210
226
28
198
222
22
200
256
24
231
229
21
208
242
21
221
220
16
204
258
23
235
225
19
206
236
22
214
235
22
213
224
21
203
265
23
242
228
26
202
WOODPULP
Production :
Total, all grades
__ - - -thous. sh. tons.Dissolving and special alpha
do
Sulfate
do
Sulfite
do_ __
Groundwood
Defibrated or exploded
Soda, semichem., screenings, etc
Stocks, end of month:
Total, all mills
Pulp mills
_
Pape/r and board mills
Nonpaper mills
210
2251
3
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
3,293
3,193
3,158
All grades total, seas adj
thous. sh. tons3, 245
3,419
3,137
3,273
3,250
All grades, total, unadjusted.-.
do
1,504
1,455
1,436
1,408
Paper
_
__ _ _ d o -. 1,382
Paperboard
__do
1,482
1,578
1,544
1,458
1,507
11
11
14
13
13
Wet-machine board
do _
297 1
325
284
Construction paper and board
do
296
309
r
Revised.
P Preliminary.
1 Beginning Jan. 1963, data for the indicated items exclude
certain oils which have been reclassified as petrochemical feedstocks.
2 Effective Jan. 1963, "screenings, etc." included with "defibrated or exploded."
8 Effective Jan. 1963, excludes stocks of "own pulp" at paper and board mills.
3,287
3 411 r 3, 424
3 300
2,973
3,395 '3,276
3,451
1 375
1 535 rr 1 448
1 516
1,334
1 563 1, 533
1 610
11
11
10
12
254
'284
286
313
JRevised monthly data for 1962 for petroleum products appear on p. 28 of the June 19i
SURVEY; revisions for 1962 and for 1963 (also shown above) for asphalt and tar products appei
on p. 32 of the Apr. 1964 SURVEY.
3,325
3,014
1,312
1,387
9
306
3,306
3,456
1,508
1,605
11
333
3,227
3,200
1,387
1,496
11
306
3,300
3,514
1 540
1,620
12
343
3,319
3,314
1 481
1,529
11
293
SUEVEY OF CURRENT BUSINESS
June 1964
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963
1963
Monthly
average
S-37
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board— con.
New orders (American Paper and Pulp Assoc.) :
All °Tades paper and board
thous ^h tons
Wholesale price indexes:
Printing paper
1957-59 ~~ 100
Book paper A grade
do
Paperboard
do
Building paper and board
do
Selected types of paper (APPA)": £
Fine paper:
Orders, new
...thous. sh. tons._
Orders unfilled end of month
do
3,131
'3,268
3,344
3,362
3,265
3,170
3,424
3,308
3,523
3,193
' 2, 913
3,458
3,308
101.4
107.6
93.1
97.2
101.4
107.4
94.7
96.2
101.4
107.4
94.1
95.5
101.4
107.4
94.1
96.2
101.4
107.4
94.1
97.5
101.4
107.4
94.1
97.5
101.4
107.4
94.1
97.5
101.4
107.4
94.1
97.6
101.4
107.4
96.6
96.9
101.4
107.4
96.6
95.1
101.4
107.4
96.5
95.2
101. 4
107.4
96. 5
95.2
101.4
107.4
96.5
95.0
101.4
109.0
96.5
93.0
166
88
174
99
174
98
177
94
170
92
164
103
179
102
171
103
192
108
173
100
157
90
'185
'85
'182
'92
184
89
Production
Shipments
Printing paper:
Orders new
Orders unfilled end of month
do_ __
do
170
168
177
174
181
171
188
179
178
175
159
160
185
187
177
170
190
190
180
179
169
153
'187
'183
'181
'185
190
188
do
do
412
370
'454
••394
476
422
459
402
454
424
432
396
457
395
472
410
484
394
443
378
'414
'375
'499
'383
'458
'376
516
411
Production
_ __
Shipments
Coarse paper:
Orders new
Orders unfilled, end of month
do
do
409
409
'445
'445
454
454
466
466
445
445
412
412
471
471
439
439
478
478
457
456
'426
'425
'481
'481
'456
'456
485
485
do
do
346
154
355
164
337
153
376
148
334
151
323
153
369
167
366
182
383
185
364
180
'329
'154
'370
'160
'364
'168
381
165
do
do
350
343
353
350
354
346
373
371
328
327
311
311
372
363
340
356
373
366
377
370
'339
'341
'370
'369
'366
'357
378
381
do
do
do_ .
558
557
249
553
552
268
550
554
338
599
634
304
539
565
278
551
575
255
586
576
265
551
580
235
630
638
227
613
611
229
535
578
186
564
533
217
549
491
275
566
540
301
625
664
261
179
180
39
185
184
37
184
103
34
204
201
37
181
177
40
173
183
31
191
178
44
164
172
36
194
193
37
190
189
38
180
184
34
198
189
43
174
186
32
190
193
29
192
197
24
465
528
Production
_ _
Shipments
Newsprint:
Canada:
Production
Shipments from mills
Stocks at mills, end of month
United States:
Production
Shipments from mills
Stocks at mills, end of month
do
_ _ _ do
do_
_
465
490
516
483
421
443
490
529
524
522
455
452
518
586
588
570
585
561
615
632
606
588
559
545
569
572
550
541
456
Imports
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$persh. ton__ 134. 40
451
470
494
448
497
455
455
522
463
536
444
409
473
475
134. 40
134. 40
134. 40
134. 40
134.40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
1357
518
1358
87
354
483
356
87
359
471
366
88
367
472
370
89
326
572
319
78
385
574
381
91
363
611
355
86
385
622
387
92
357
545
373
90
316
494
325
75
363
537
349
88
387
538
386
91
10,711
10, 465
11,277
10, 508
10, 135
11, 903
10, 848
12,482
10, 649
9,870
10,833
10,460
126.1
123.7
131.2
123.9
120.3
135.5
129. 6
141.7
119.8
130.8
'124.3
114.0
35 29
61.32
27 09
.258
35 75
39 59
36 66
Consumption by publishersc?
do
Stocks at and in transit to publishers, end of
monthcf
__thous. sh. tons__
Paperboard (National Paperboard Assoc.) : §
1340
Orders, new (weekly avg.)
thous. sh. tons._
461
Orders, unfilled, end of month
do
1343
Production, total (weekly avg ) _
do
85
Percent of activity (based on 6.5-day week)
.
Paper products:
Shipping containers, corrugated and solid fiber,
10, 182
shipmentsO
mil sq ft. surf, area
Folding paper boxes, shipments, index of physical
volume
1947-49=100_. 124.1
134. 40 p 134. 40
381
532
384
92
387
519
386
90
399
565
391
90
11,039
11,520
11,399
' 122. 1 p 125. 6
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption .
_ _ _ _ _
__thous. Ig. tons__
Stocks, end of month
do
Imports, incl. latex and guayule
do
Price, wholesale, smoked sheets (N.Y.)___$ perlb__
38.56
68.47
35.13
P. 285
38.10
72.70
31.63
p. 263
41.30
79.39
36.20
.270
39.81
79.24
34.54
.270
36.28
77.76
25.57
.270
32.92
75.19
25.72
.265
35.55
73.00
31.68
.253
68.88
42.59
64.30
26 24
.230
30 58
.255
Synthetic rubber:
Production
C on sumption
Stocks, end of month
Exports
-
thous. Ig. tons__ 131.20
104.66
do
do__ _ 257. 15
25.31
_
do
134. 04
108.90
281.05
23.60
139. 33
114.17
272. 14
27.38
140. 06
114.08
271.30
26.92
132.99
103. 54
281. 72
20.04
130. 78
92.34
296. 76
24.00
127.30
100.42
296. 21
27 27
124. 59
105 70
292 20
21 33
127 89
275 28
22 51
Reclaimed rubber:
Production
Consumption _
Stocks, end of month
do
do
do
23.45
21.97
30.30
25.70
24.09
29.68
25.03
23.57
29.82
22.79
21.43
29.65
21.12
17.92
32.12
20 11
19 27
31.22
22 42
21 65
31 35
26 00
25 06
30 88
thous__ 11, 156
11, 594
12, 558
12, 134
11, 195
10, 182
9 368
10 540
13 469
11 502
do __ 11,055
do
3,495
do
7,430
do __
130
11, 551
3,919
7 503
129
13 843
4 244
9 457
142
12, 503
4,261
8 110
132
11 943
4 075
7 737
131
12 681
3 507
9 044
131
9 558
1 606
7 819
132
11 232
3 56?
7 552
14 021
5 163
8 700
10 746
4 366
6 263
117
158
do
do
27, 086
89
29 978
82
32 137
102
31 919
83
31 226
78
28 830
97
28 652
81
27 889
78
3,403
3,442
8,913
81
3,305
3 398
9,462
76
3 529
3 500
9,440
85
3 694
3 168
10,111
84
3 183
2 933
10 437
62
3 021
3 650
9,818
90
9 799
3 032
9 576
61
23.38
21.95
29.77
36.31
129.86
134
109
275
22
81
26
28
90
60.58
62.44
28 61
.240
38 78
.235
141
107
283
24
05
54
01
86
143
120
279
24
59
74
51
00
64.34
26 30
.236
140
111
283
9g
18
I9
20
go
39 80
64. 97
41 75
. 256
146
116
285
27
°7
69
88
05
40 68
64. 74
28 79
.259
146
121
28K
27
22
85
19
85
25 11
22 99
31 47
21 75
20 75
30 51
24 03
92 59
30 37
11 496
12 681
11 835
12 563
13 3*^1
12 640
4' 337
8 194
' 110
10 40fi
U
H 11 7
117
10 491
4 470
5 888
' 134
27 ^69
28 272
29 407
29 544
86
82
31 090
73
77
85
78
2 860
3 115
9 180
3 408
3 506
9 155
o 897
3 138
3 007
0
9 7QQ
82
9 529
85
3 914
5 415
8 201
3 673
2 958
9 088
77
8 424
75
55
9 020
9 587
70
21 25
°0 65
29 78
22 17
20 15
31 19
24 50
24 20
30 42
.254
"
__ _
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
Original equipment.
Replacement equipment
Export
_
Stocks, end of month
Exports (Bu. of Census)
Inner tubes:
Production
Shipments _ __
_
Stocks, end of month
Exports (Bu. of Census)
_ _
do
do
do
do __
J
' Revised.
» Preliminary.
Weekly average for year.
} Monthly averages for 1962 for new orders, production, and shipments reflect revisions
to adjusted annual totals; revisions by months not available.
cf As reported by publishers accounting for about 74.5 percent of total newsprint consumption in 1962 and 74 percent in 1963 and 1964.
QQA
4 067
4 402
6 ' 90Q
130
7' 47S
-iip
Q'I on
(\CQ
o-i flQ-l
o' ci o
72
01
ri
4 854
__ __ _
1 'W
92
QKA
§ Revised to reflect weekly averages for new orders and production, and percent activity
on basis of 6.5 days per week; comparable data prior to 1962 will be shown later.
©Revisions
by months for 1962-Feb. 1963 will be shown later.
SURVEY OF CUEEENT BUSINESS
S-38
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
June 1064
1964
1963
May
Apr.
June
July
Aug.
Sept.
Oct.
Nov. 1 Dec.
i
Jan.
Feb.
Mar.
Apr.
May
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent of capacity
Shipments finished cement
Stocks, end of month:
Finished
.Clinker
thous. bbL- 28, 027
75
thous. bbl__ 27, 893
29. 441
74
29, 354
29, 314
75
30, 249
34, 497
86
35, 208
34, 992
89
35, 431
36. 802
91
39, 145
37, 452
93
40, 257
34, 682
88
36, 547
36, 624
90
41,352
30, 377
77
26,317
23, 993
59
16, 958
18, 931
46
17, 425
19, 729
51
17,597
24, 697
61
22, 722
29, 493
36, 720
24.160
38, 032
23. 072
41,416
31,908
40, 704
30, 142
40, 322
27, 332
38, 057
23, 884
35, 209
19, 774
33, 236
17, 400
28, 485
13, 631
32,491
13, 820
39, 556
16, 79H
41.047
21, 741
43. 180
25, 610
45, 156
29, 242
45, 468
30, 667
617.1
32.0
145. 6
718.6
38.7
167.8
748.3
36. 6
176. 6
691.8
36.3
171.5
747.4
39.7
176. 1
745. 3
35.6
186. 9
684.3
30.9
171.1
776.7
34.1
186.4
620. 4
26.2
135.1
431.1
23.4
94.8
424.1
27.1
93.4
446. 5
25.1
101.3
590.8
29.6
137. 5
29. 7
31.7
35.5
32.7
32.4
33.1
29.7
35.7
29.2
25. 8
22.8
21.9
26.4
92 ^
22.5
23.7
23.5
23.3
24.5
22.8
25.3
21.5
19.1
21.0
20.6
23.9
106. 1
106 .4
106.4
106.4
106. 4
106. 4
105.8
105.8
105.9
106. 1
106.1
107.1
107. 1
do
do
- --
29,178
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil. standard brick. . 576.1
35.2
Structural tile, except facing
thous. sh. tons_.
142.8
Sewer pipe and fittings vitrified
do
Facing tile (hollow), glazed and unglazed
33.6
mil. brick equivalent..
Floor and wall tile and accessories , glared and un21.1
glazed
mil. sq. ft.
Price index, brick (common), f.o.b. plant or N.Y.
dock
1957-59 = 100.. 104. 9
!
i
GLASS AND GLASS PRODUCTS
Flat glass, mfrs/ shipments (qtrly. average or total)
thous $
Sheet (window) glass, shipments
do
Glass containers:
Production
71, 497
31,612
39. 885
78. 274
35, 370
42 904
75. 501
32. 976
! 42.525
80. 857
38, 766
42 091
78. 099
32,610
45 489
89, 298
41.314
47 984
thous . gross- - 14. 655
15, 166
15, 179
15, 962
16, 214
16. 202
17, 095
14, 803
15, 677
14, 271
12, 712
14,424
14, 704
15, 877
16, 391
Shipments, domestic, total
do. -. 14.319
General
-use food:
1.582
N r arrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars)
thous. gross. . 4,110
14. 730
14, 546
15.822
15. 866
15, 601
17, 741
14, 805
15,497
13, 283
13,382
13, 714
13, 397
15,377
16. 514
1,602
1,419
1,458
1, 396
1.863
2, 290
2. 765
1,838
1,186
1,204
1,331
1,294
1,508
1,642
4,100
3, 737
3, 989
4,031
4,048
5, 275
4,124
4,633
3,847
3,848
4,181
4,034
4,134
3,911
Beverage
Beer bottles
Liquor and wine
do
do
do
1.187
2. 183
1.269
1,350
2. 453
1, 295
1,540
2, 758
1,291
1,903
2,977
1,351
2,141
3,215
1,319
1.969
3. 264
1,060
1,430
2. 983
1.338
858
1.971
1,337
921
2,157
1,643
959
2,101
1,382
2, 286
1,226
845
2. 054
1,286
987
2.137
1,293
1,422
2,683
1, 413
1,700
3, 542
1,392
Medicinal and toilet
Chemical, household and industrial
Dairy products
do.
do
do
3. 066
786
134
3.061
742
127
2,889
806
106
3,213
815
116
2.867
789
108
2. 588
686
123
3.431
812
182
2. 933
679
138
3.401
765
139
3. 095
648
124
2. 704
584
148
3, 263
639
115
2,956
602
94
3, 364
751
102
3. 490
699
138
22, 921
25. 533
25. 987
26, 122
26. 086
26, 401
26. 006
25. 151
25. 564
26, 315
25. 540
26. 067
25, 893
26, 136
25, 633
Stocks, end of month
_
_ do
GYPSUM AND PRODUCTS
Crude gypsum, qtrly. avg. or total:
Imports
thous. sh. tons__
Production
do
1,355
2. 492
1, 372
* 2, 549 ~°2~167"
1,532
2,702
1 566
2.902
1 375
2. 425
1,397
2,377
Calcined, production, qtrly. avg. or total
2, 205
r
2, 295
"2, 034
2,403
2 518
2 226
2,209
1,012
67
'1,030
70
°699
1,211
72
1 263
70
947
69
822
73
256
257
259
250
283
260
284
289
232
240
237
217
387.3
mil. sq. ft— 396 2
1, 657. 9 1, 777. 4
do
62.0
58.9
do
401 3
1,832.2
68.8
437 0
1, 994. 8
69.0
365 0
1, 730. 1
60. 9
365. 7
1, 721. 1
51 6
do
Gypsum products sold or used, qtrly. avg. or total:
Tin calcined uses
thous sh tons
Industrial uses
do
Building uses:
Plasters:
Ba^e-coat
do
All other (incl Keene's cement)
do
Lath
Wallboard...
All other§
.
I
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills: ©
Cloth woven, total
mil linear yd
Cotton..
_ _ _ _
do
Stocks, end of year or mo , totaled
do
Cottoncf
do
Orders (unfilled), end of year or mo , total ^[ do
Cotton f
do
975.5
760.2
1, 488. 0
1, 192. 5
2, 472. 3
1,848.9
981.9
756.9
1, 509. 3
1, 176. 7
2, 491. 5
1, 800. 8
11,131.4
i 881. 4
11,473.8
11,152.1
12 247 2
11,629.1
929.4
713.9
1, 490. 1
1,153.4
2,271.3
1, 637. 5
929.4
710.0
1,518.0
1.165.0
2.311.0
1,672.1
i 923. 2
i 710. 7
11,491.5
11,133.6
12,436.3
11,760.3
934.4
720. 9
1, 506. 1
1,158.5
2. 506 4
I, 798. 8
245
1 3°8
939.8
719.1
1. 505. 0
1,164.0
2. 546. 1
1, 848. 8
11,179.7
1915.3
H,475.7
U,149.9
12,827.9
12,023.4
957.0
736.3
1,494.5
1, 168. 0
2, 968. 9
2. 127. 1
4 774
10 065
12 834
i 829
678
605
i 814
683
673
i 831
23, 360
23, 207
6,948
15, 209
1,050
22, 296
22, 146
4,391
16, 510
1,245
21, 170
21, 019
2,354
17, 260
1,405
19, 512
19, 373
1, 218
16, 557
1.598
18, 407
18, 277
1,066
15, 539
1,672
16. 957
16,839
15, 700
15,594
13, 582
1, 601
130
14, 664
1,716
118
887. 1
684.2 1 893. 8
741.3
733.0
1, 564. 0
1, 235. 6 11,157.1 1,131.4 1,116.5
2, 892. 8
2, 084. 8 il,882.5 1, 797. 4 1,682.2
COTTON
Cotton (exclusive of linters) :
Production:
GinningsZX
thous running bales
Crop estimate equivalent 500-lb. bales
thous bales
Consumption O
do
Stocks in the United States, end of mo., total O
thous bales
Domestic cotton, total O
do
On farms and in transit
do
Public storage and compresses O
do_ __
Consuming establishments _
do__ _
Foreign cotton, total O
do
2
2
14 864
215 282
14 867
2
700
1809
694
662
1685
667
663
14, 696
14, 593
3,371
9,564
1,658
17. 741
17.613
3.492
12. 762
1.359
13, 757
13, 644
12, 775
12, 669
11,893
11,794
11,216
11,123
10,894
1,524
10,183
1,328
9, 647
1, 196
24. 531
24, 395
13, 532
9,807
1.056
24, 046
23, 899
11,230
11, 688
726
103
15 327
128
450
11, 543
1.651
113
251
106
283
r
Revised.
i Data cover 5 weeks; other months, 4 weeks.
2 Total crop for year.
a
'Ginnings to Dec. 13.
* Ginnings to Jan. 16.
Revised data for 1st qtr. 1963.
§ Comprises sheathing, formboard, and laminated board.
©Effective Jan. 1964, the manmade fabrics classifications were revised and the survey
expanded to include drapery fabrics; silk and chiefly silk mixtures were omitted from the
canvass. Because of apparent reporting problems in the synthetics, data for total fabrics are
withheld; revised Feb. and Mar. 1964 figures for wool apparel fabrics (mil. yd.):
forbeing
FRASER
Woven—21.1; 22.1; stocks—29.7; 32.0.
Digitized
99
280
93
136
981
147
153
149
3
14 070
151
4
15 124
139
459
411
106
"
c"Stocks are those owned by weaving mills and those billed and held for others, except
that stocks exclude denims stocks billed and held for others, and all bedsheeting stocks.
^Excludes orders for wool apparel fabrics and bedsheeting.
ATotal ginnings to end of
month indicated, except as noted.
©Revisions for Aug.-Dec. 1962 are available; for stocks,
monthly averages also reflect cotton released by GSA from the cotton stockpile (beginning
July 1962).
SURVEY OF CURRENT BUSINESS
June 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-39
1964
1963
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
Exports
__ thous. bales -Imports
- - -do
Prices (farm), American upland
cents per lb__
Prices, middling 1", avg., 15 markets
do
Cotton linters:
Consumption©
Production!
Stocks end of mof
thous bales
do
do
COTTON MANUFACTURES
Spindle activity (cotton system spindles):
Active spindles, last working day, total __thous.__
Consuming 100 percent cotton
do _
Spindle hours operated, all fibers, total
miL_
Average per working day
do
Consuming 100 percent cotton
_ _ _ do,. Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
20/2 carded weaving
__ $perlb
86/2' combed, knitting
.- do
Cotton cloth:
Cotton broadwoven goods over 12" In width:
Production, Qtrly avg or total t
mil.lin. yd
Orders, unfilled, end of mo., as compared witli
avg weekly production
No. weeks' prod-Inventories, end of mo., as compared with avg.
weeklv production __ _. _No. weeks' prod .
Ratio of stocks to unfilled orders (at cotton
mills) end of roo seasonallv adjusted
Exports
thous SQ vd
Imports
do
Mill margins _
cents per Ib
Prices, wholesale:
Denim, mill
finished
cents per yd _
Print cloth 39 inch, 68 x 72
do
Sheeting, class B, 40-inch, 48 x 44-48 . do
MANMADE FIBERS AND MANUFACTURES
Fiber production Qtrly avg or totalO
mil Ib
Filament yarn (rayon and acetate)
do
Staple incl tow (rayon)
do
Nonccllulosic (nylon acrylic protein etc ) do
Textile gla^s
fiber
do
Exports:
Yarns and monofilaments
thous. Ib
Staple tow and tops
do
Imports:
Yarns and monofilaments
do
Staple tow, and tops
do
Stocks, producers', end of mo.:
Filament varn (rayon and acetate)
mil. l b _ Staple, incl. tow (rayon)
_ _ do
Noncellulosicf i b e rO _ _ _ _ _ _ _
do
Textile glass
fiber
do
Prices, rayon (viscose):
Yarn, filament, 150denierA__
$perlb__
Staple, 1.5 denier Ado
Manmade fiber broadwoven fabrics:
Production, qtrly. avg or total 9 t mil lin yd
Rayon and acetate (excl. tire fabric)
do
Nylon and chiefly nylon mixtures
do
Polyester and chiefly polyester blends
do
Exports, piece goods
thous. sq. yd.SILK
Imports, raw
thous. Ib
Price, raw, A A A, 20-22 denier ©
$perlb_.
Production, fabric, qtrly. avg. or total t
thous. lin. yd_.
WOOL
Wool consumption, mill (clean basis) :J
Apparel class
Carpet class
Wool imports, clean yield
Duty-free (carpet class)*
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, % blood
Australian, 64s, 70s, good topmaking
321
363
11
12
131.7 * 22 31. 9
i 33. 5 * 33. 1
299
2
33.1
34.1
310
2
32.6
34.1
244
5
32.5
33.9
183
3
31.8
33.4
274
79
32.0
33.2
361
4
32.7
33.1
384
24
32.9
33.1
501
5
32.5
33.1
628
1
31.3
33.2
587
1
30.1
33.2
570
3
29.4
33.3
490
5
30.7
33.4
400
6
31.7
33.4
111
'129
'667
3130
'109
'783
112
'77
'711
115
'46
'615
3 99
'36
' 550
114
'63
'482
106
'147
'497
3 131
100
'201
'651
99
'169
'699
3 129
'184
' 760
111
'165
'783
108
' 147
' 797
3
'205
'566
18, 627 18, 586
15, 826 3 15,890
9, 863 11, 482
459
456
8, 359 39,771
18, 509
15, 737
9,277
464
7,856
18, 696 18, 742
15, 758 15, 753
9, 345 311,788
467
472
7,903 3 9, 903
18, 660
15. 653
9, 538
477
8,000
.643
.910
.643
.910
109
'134
'628
18,797
16,754
9,911
458
8.801
.660
.938
.644
. 912
18, 609 18, 638
15,767 15, 692
9,280 3 9, 819
393
464
7,833 38,162
.640
.911
18, 681
15, 757
9,344
467
7,870
.640
.911
.640
.911
.645
.911
.645
.911
.650
.920
18,625 18. 591
15, 656 15, 596
8,563 311,579
428 3 463
9, 742
7,220
. 655
.923
18,543
15,521
9, 494
475
7,978
132
119
777
18, 492 18, 484
15, 440 3 15,381
9,294 11, 503
465
460
7,798 3 9, 609
.655
.923
. 655
.923
p . 655
p. 919
2,312
2,195
10.8
10.6
9.4
9.3
9.6
12.6
10.1
10.5
11.5
12.3
12.8
11.0
10.1
9.7
9.1
5.4
5.5
5.4
5.4
5.4
6.4
5.3
5.3
5.1
5.0
5.5
5.1
4.9
4.9
5.0
.51
34, 691
38, 671
25. 24
.52
30, 942
38. 223
25. 20
.60
33, 817
52, 615
24.18
.60
32,141
35, 903
23.84
.56
26, 918
32, 832
24.25
.52
33, 827
39, 150
24.71
.49
27, 543
35, 263
25. 27
.48
27, 543
31, 448
25. 80
.41
36, 764
33, 606
26.23
.39
31,681
22, 672
26. 73
.42
33, 389
35, 266
26.92
.47
33, 704
42,685
26.87
.51
29 744
.52
38 638
.57
38 495
26. 85
26.87
26. 37
39.6
15.4
17.0
38.1
15.9
17.0
38.3
15.6
17.0
38.3
15.7
17.0
38.3
15.7
17.0
38.3
15.7
17.0
38.2
15.9
16.9
37.7
16.0
16.9
37.7
16.3
16.9
37.7
17.0
17.1
37.7
17.0
17.8
37.7
17.0
17.8
37.7
17.0
17.5
P37.7
p 17 0
pl7. 7
2,072
2,242
2,217
' 676. 8
176. 6
146.0
' 305. 7
'48.5
' 640. 7
174.2
141.2
' 277. 4
'47.9
' 597. 3 ' 659. 2 'f'613. 4
181. 5
177.4 6e 169.6
139. 3
125.0
144.8
5
' 243. 2 r 289. 0 'l>259.
47.6 '48.0 '6 45. 0
' 705 8
189 3
152 6
'313 4
' 50 5
728 1
189 6
162 2
322 4
53 9
62 9
4 52 6
8. 196
4. 187
8, 300
4,056
9,874
4,346
10.858
3,170
7,980
4,715
8.197
4,679
8. 330
4,003
8,008
5,556
8.662
6,080
9, 160
4, 309
7 442
2 499
6,691
5 544
8 899
3 938
8,498
3 664
809
5,463
680
10, 463
733
10, 938
645
7,616
512
10, 294
723
12, 262
813
10, 063
837
10, 155
884
13, 089
487
12,913
510
15,462
529
15 367
437
I9 357
518
17 415
549
12 287
59.1
53.2
56.8
36.2
48.4
35.5
'6102.8
'* 79.8 '5113.3
6
r5
28.5
« 27.0
28. 5
57.2
31.9
56.5
29.4
'94.9
28.0
58.5
32. 1
58.5
32.1
57. 3
33.9
'119.6
27.9
53.1
38.5
50.4
35.7
47.0
37.9
' 135 9
* 29 7
44.7
40 3
43.6
41 9
41.0
48 3
137 4
°9 0
37.9
52 5
.82
.26
.82
.27
.82
.27
.82
.28
.82
.28
.82
.28
.82
.28
.82
.28
.82
28
.78
28
.78
28
p. 78
v 28
13, 024
13, 334
757.5
430. 4
72.1
187.8
13, 676
10, 492
13, 689
725.0
415.3
71.8
177.6
13, 439
13, 684
13, 283
795 5
454 7
74 9
200 3
14. 693
14,061
13,788
17,318
16, 628
301
7.87
487
7.48
492
7.70
427
6.80
591
6.93
536
6.48
767
6.16
806
6.42
792
6. 25
565
5.97
940
J-5.68
677
p 5. 65
595
16 841 322 738
10 696 3jo' g42
25,896 21, 593
14, 755 11, 751
18 969
lo' 623
21, 625
11,541
17 770
9' 406
17, 769
8, 877
1 450
1 450
.82
.27
682.8
397.0
75.9
147.8
11, 633
754.2
428.5
73.7
188.2
12. 972
539
6.03
532
5,951
4,497
4,205
4,349
20, 932 33 25, 218
13, 438 16, 163
23, 808 24, 983
14, 000 12, 874
21, 198
13,813
24, 747
15, 538
thous. lb_.
- - do _.
do
do
23, 354
12, 404
23, 088
11,802
$ per lb__
do
do
1.247
1.090
1.155
1.326
1.175
1.285
1.325
1.151
1.275
1.275
1.125
1.275
100 6
105 4
105 4
104 6
25. 95
4
9,177
4,281
.82
.26
32.1
33.4
4 540
21,510 321,125
11,127 3 12, 169
20. 065 29, 637
11, 160 22, 047
20, 107
13, 511
22. 217
15, 973
18, 126
13, 610
16, 039
10, 395
3
20,806
3
15, 961
20. 576
14, 725
16, 166
12, 040
13, 728
6,857
1.300
1.140
1.275
1.325
1.175
1.275
1. 325
1.175
1.275
1. 325
1.191
1. 275
1.325
1.205
1.275
1. 325
1. 226
1.275
105 4
104 6
104 6
104 6
104 6
107 1
1 425
1 255
1 455
1 425
107 9
107.9
1 4^
1 9^f«
1 Ar.K
3
21
3
297
11 089
18, 488
9, 795
1 415
1 9^
1 4*}Q
1 375
1 289
1* 375
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, Bradford
system wholesale price
1957 59 — 100
Woolen and worsted woven goods, exc. felts:
Production Qtrly avg or total t
thous lin yd
Apparel fabrics, total
do
Women's and children's
do
Suiting, price (wholesale), flannel, men's and
bnvs f o h mill
1 957-59 - 1 00
77 465
75 310
45. 423
71,638
68, 872
43, 380
94.9
95.8
78 166
75 246
46, 837
95.8
95.8
95.8
l
2
• Revised.
P Preliminary.
Season average.
Season average to Feb. 51, 1964.
3
4
Data cover
5 weeks; other months, 4 weeks.
Data are for month shown.
Qrtly.
u j)
6 i^aia
ata are
or i
st quarter
average.
are f101
isi
quaiiei 1963.
iyoo.
9 Includes data not shown separately.
O Revisions for 1962 are available.
fProduction and stocks of linters at oil mills revised to approximate running bales; data
back to for
Aug.
1958 are available.
Digitized
FRASER
® Beginning Feb. 1963, price in skeins, AAA grade; comparable Jan. 1963 price, $7.67 per
http://fraser.stlouisfed.org/
Douncl.
i Revisions for 1st half of 1962 are available upon request.
Federal Reserve Bank of St. Louis
67 583
65, 544
45, 451
107 9
107.9
63, 813
61,057
39, 577
95.8
95.8
95.8
95.8
95.8
95.8
95.8
95.8
95.8
AEflective Jan. 1964, data not strictly comparable with earlier prices.
*New series. Data cover wools, not finer than 46s, and camel hair, duty-free, for use in
the manufacture of rugs, carpets and certain specified items. Prior to the Feb. 1964 SURVEY,
imports of apparel class wool were shown; however, the calculated difference between total
wool imports and the former apparel class is not comparable with the present carpet class
since the former apparel class included duty-free wools, finer than 40s. Monthly data for
1959-62 are available upon request.
June 1964
SUEVEY OF CURRENT BUSINESS
S-40
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
1963
Apr.
May
June
July
Aug.
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
TEXTILE PRODUCTS—Continued
APPAREL
Hosiery, shipments..
Men's apparel, cuttings: t
Tailored garments:
Suits
thous. doz. pairs.. 14, 343
15. 007
13, 785
14, 825
14, 722
14, 361
17, 159
15, 194
17, 584
14,331
13, 399
16, 350
15, 411
15, 423
14, 763
thous. units..
1,685
401
1,799
329
2,026
388
1,896
501
1,666
473
1,131
314
1,838
489
1,589
343
2,011
316
1,787
231
1,677
158
1,934
189
1,771
209
1,664
225
1.929
309
Coats (separate), dress and sport
do
Trousers (separate), dress and sport
do
Shirts (woven fabrics), dress and sport- thous. doz.
Work clothing:
Dungarees and waistband overalls
do
Shirts
__do
943
9,527
2,061
1,054
9,120
2,071
1,262
9,659
2,237
1,179
10,486
2,208
992
9,595
1,929
730
8,876
1,548
1.024
10,214
2,201
882
8,843
1,918
1,218
9,480
2,276
1,022
8,383
2,100
S67
7,384
1,853
1,169
9,560
2,138
1,030
9, 587
2,101
1,021
9,698
2,020
1,173
10, 672
2,118
281
303
366
313
342
338
363
351
325
340
372
283
425
335
410
311
475
341
373
307
325
219
402
336
424
325
433
319
444
339
Women's, misses', juniors' outerwear, cuttings: t
Coats
thous. units. _ 2,002
20, 880
Dresses
do
806
Suits
do_
2,046
21,914
828
826
30,486
682
1,191
25,036
595
2,161
20, 721
734
2, 488
19, 340
813
2,739
21,061
813
2,440
18,874
636
2,529
22, 353
858
2,001
18, 933
796
1,727
15,915
770
1,370
656
1,363
825
1,617
896
1,359
945
1,180
874
1,263
935
1,371
1,005
1, 263
804
1,640
978
1, 351
690
1,041
607
Blouses waists and shirts
Skirts '
'
thous. doz__
do
' 2, 247 ' 2, 445 1,584
21, 920 '24,866 28, 149
' 1, 259 ' 1, 362
868
1,428
741
1,511
'776
1 460
761
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders new (net) Qtrly avg or total
U S Government
Prime contract
Sales (net), receipts or billings, qtrly. avg.
U S Government
r
mil. $__ 3, 741
2,996
__do
' 3, 330
- do
or total
3,993
mil. $
r 3, 138
do
01
'4,414 '14,785
'3,519 '14.105
r
'4,018 14, 474
' 4, 020
' 3, 209
' 3, 656
' 5, 194
4,003
4,680
3 656
2,758
3, 263
'4,102 ' 1 3, 990
'3,301 '13,180
' 3, 991
r3,207
' 4 170
' 3. 418
4 257
3,398
!3, 471
'10,994
5, 438
1,406
14 495
11,579
5,345
1,484
13 894
10, 939
5,311
1,511
4,620
r
'13,138
'10,572
r 5, 045
'1,527
13 894 '113,442
10, 939 10,992
5,311 i 5, 239
1,511 i 1,419
' 4, 056
4,620 '14,410
? 4, 266
5,124
r
1,480
1 300 '11,332
' 1 292
1.365
81.8
Aircraft (civilian)' Shipments ©
do _
1,682
Airframe weight ©_ thous. Ib
Exports
mil. $_. 27.3
57 2
1, 340
20.3
49.0
1, 226
33.2
51 . 4
1,256
21.8
57.4
1,250
7.0
47.1
1,023
9.3
48.7
1,097
18.5
58.4
1,199
13.2
63. 3
1,380
11.6
52.8
1,306
20.9
88.1
2,045
15.4
84 6
1,815
41.8
66 5
1, 567
17 9
96.7
2,011
25.0
33. 4
681.1
654.6
577. 8
562.8
103.3
91.9
758 4
730 0
636 5
620. 3
121 9
109 7
818.0
789.3
689. 2
671.8
128.8
117.4
840.2
812.4
711.8
695.1
128. 3
117.2
804.1
778. 1
687.5
672.9
116.6
105.2
790.0
763.7
660. 9
649.4
129. 1
114.2
251.4
240.3
167. 8
165. 1
83.6
75.2
598.8
566.1
481.8
463.0
117.0
103.1
945. 7
906. 2
804.0
779. 2
141.7
127.0
873.3
836. 8
748.5
726. 2
124. 7
110.6
881.8
846. 4
754. 0
733.0
127. 8
113.5
859 6
831.5
726 2
709.0
133 5
122.5
814 1
784. 8
681 1
665.4
133 1
119.4
860 5
829.3
718 0
700.9
142 5
128.4
939 9
909 3
786 4
770. 2
153 5
139. 1
20, 100
number
do. _ _ 11,246
8,855
do
2? 9°8
12 851
10 076
21,189
11,623
9,566
22, 437
12,056
10.381
23, 667
14, 151
9,516
17, 587
6, 837
10, 750
13, 241
3, 519
9,722
17,142
8,294
8,848
27, 970
14, 998
12, 972
42, 056
29, 066
12, 990
34, 607
24, 799
9, 808
33 829
20, 274
13 555
27 606
13 995
13 611
23 857
11,932
11 925
22 407
1?, 031
10 376
33, 080
Imports (cars, trucks, buses), totalcf- do
32, 063
Passenger cars (new and used)^
do
Shipments, truck trailers: A
6, 081
Complete trailers and chassis
do
3,733
Vans
_ _ . do
Trailers and chassis (detachable), sold separately
537
number
Registrations:©
New passenger cars
thous.. 578.2
28.3
Foreign cars
do_ _ _
89.1
New commercial cars (trucks)
_ _ do_ __
36 534
35 308
42, 971
41, 594
37, 646
36,199
31,049
29,814
39, 834
38, 693
21, 978
21. 240
32,350
31,019
38, 835
36, 834
39. 086
38, 504
40, 952
40, 037
45, 588
44 330
38 426
38 243
47, 238
46 868
46, 104
45 950
6 465
3? 885
6, 601
3, 659
7,087
3,832
6, 407
3,792
6.153
3, 514
6,541
3,879
6,404
3, 736
7,434
4, 556
6,590
4,311
6, 503
4,139
6 135
3 802
5 910
3 609
7 184
4 246
Backlo of orders end of year or qtr $
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, modifica-
1 300
MOTOR VEHICLES
Factory sales total
Domestic
Passenger cars total
Domestic _ _
Trucks and buses, total
Domestic Exports total
Passenger cars (new and used)
Trucks and buses
thous
do
do
_ do_ _
do
do
445
611
573
341
505
276
285
365
427
459
342
289
515
629.7
32 1
103 7
758. 8
42.7
120.0
714.7
39.4
107.6
691.6
35.9
102.8
706.0
34.5
111.3
552.9
31.5
105.0
403. 6
33.7
93.5
714.7
32.2
117.1
640.2
26.4
100.4
712.0
35.8
114.6
612.0
35.4
102 7
551.8
29 8
90 9
636.9
35 8
108 3
812. 3
45.0
132 5
3,046
1, 962
1,085
3,747
2,608
1,140
3, 755
2,812
943
2,405
1,719
686
3,701
2,685
1,016
4,017
3,016
1, 001
4,141
2,907
1,234
4 327
2,984
1,343
4,725
3, 366
1,359
3 911
2, 925
986
4 442
3,087
1,355
5 253
3,299
1 954
5 467
3 674
1 793
6 780
4 336
2 444
6 529
3 531
2 998
New orders
Equipment manufacturers, totalRailroad shops, domestic
3,076
do
1,979
do
d o _ _ _ 1,097
5,173
3,670
1,503
2 570
2,110
460
5, 978
5, 349
629
2 349
1,908
441
4, 354
2,083
2,271
3,020
2,986
34
2 319
1,921
398
8,416
3,687
4,729
8 273
6,673
1,600
10 382
7,868
2,514
10 800
3 441
7,359
3 701
3' 172
529
7 742
5 510
2 232
4 243
2 513
1 730
Unfilled orders, end of year or mo
Equipment manufacturers, total
Railroad shops, domestic
do
do
do. _
14,315
6,788
7,527
22, 183
12,645
9,538
19,872
10,401
9,471
23, 364
14,011
9,353
21,959
13,233
8,726
21, 925
12. 279
9,646
20, 749
12, 303
8,446
18 388
11, 188
7,200
22, 196
11,626
10, 570
26 611
15,425
11, 186
32 311
20, 161
12, 150
37 836
20,291
17, 545
36 080
19, 789
16 291
36 922
20, 960
15 962
34 702
19, 942
14 760
do. _.
do
23
174
16
198
0
203
0
213
9
204
26
178
43
250
42
220
35
202
24
178
14
317
5
352
5
387
5
382
5
377
thous_.
1,552
8.0
1,515
6.8
1,537
8.1
1,531
7.7
1,530
7.6
1,531
7.9
1,528
7. 7
1, 527
7. 7
1, 521
7.1
1, 519
7.0
1,515
6.8
1,513
6.5
1,507
6 3
1, 505
6 3
1, 503
69
2 $68 4
2
726 0
2
142 4
RAILROAD EQUIPMENT
Freight cars (ARCI):
Shipments
Equipment manufacturers, total
Railroad shops, domestic
Passenger cars: Shipments.
Unfilled orders, end of mo
Freight cars, class 1 (AAR): §
Number owned, end of year or mo
Held for repairs, % of total owned.
number
do__.
do _
r
2
Revised.
* For 1st quarter 1963.
Preliminary estimate of production.
t Monthly revisions for Jan. 1961-Oct. 1962 are available upon request.
9 Total includes backlog for nonrelated products and services and basic research.
®Data include military-type planes shipped to foreign governments.
cfData cover complete units, chassis, and bodies.
-
AEffective with the Apr. 1964 SURVEY, shipments have been substituted for production.
Shipments of trailer chassis only and dump trailer chassis, sold separately, are now included
with the complete trailers and chassis (except detachable). Data back to 1961 are available.
OCourtesy 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
General?
Business indicators
Commodity prices
Construction and real estate
'Domestic trade
.__
Employment and population
.
Finance
Foreign trade of the United States
Transportation and communications. _.
1-7
7,8
9, 10
10-12
12-16
16-21
21-23
'23,24
Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products
25
26
26-30
30,31
Lumber and manufactures
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
31
3 2-34
35, 36
36. 37
Rubber and rubber products
Stone, clay, and glass products
Textile products
Transportation equipment
37
38
38-40
40
INDIVIDUAL SERIES
Advertising
10, 11,16
Aerospace vehicles.
40
Agricultural loans
....._
,
15
Air carrier operations
23
Aircraft and parts
3. 13-15, 40
Alcohol, denatured and ethyl
25
Alcoholic beverages
8, 10, 26
Aluminum
23,33
Apparel
1, 3, 4, 7, 8, 10-15, 40
Asphalt and tar products
35, 36
Automobiles, etc___ 1, 3-6, 8, 10, 11, 13- 15, 19, 22, 40
Balance of international payments
2
Banking
16,17
Barley
27
Barrels and drums
33
Battery shipments
34
Beef and veal
28
Beverages
4, 8, 10, 26
Blast furnaces, steel worlra, etc
13-15
Bonds, outstanding, issued, prices, sales,
yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials.. 8, 10, 31, 36, 38
Building costs
9, 10
Building permits
9
Business incorporations (new), failures
7
Business population
2
Business sales and inventories
4,5
Butter
27
Cans (tinplate)
.
33
Carloadings
24
Cattle and calves
28
Cement and concrete products
8-10,38
Cereal and bakery products
8
Chain-store sales, firms with 4 or more and 11
or more stores
12
Cheese
27
Chemicals
4-6, 8, 13-15, 19, 22, 25
Cigarettes and cigars
8,30
Civilian employees, Federal
14
C!ay products
8, 38
Coal
4, 8, 13-15, 22, 24, 35
Cocoa
23, 29
Coffee
23, 29
Coke
24, 35
Communications
2, 13-15,20, 24
Confectionery, sales
29
Construction:
Contracts
9
Costs
9, 10
Employment, hours, earnings, wages
13-16
Highvvays and roads
9, 10
Housing starts
9
New construction put in place
, 1, 2, 9
Consumer credit
17, 18
Consumer expenditures
1,2
Consumer goods output, ind zx
3,4
Consumer price index
7
Copper
23, 33
Corn
27
Cost of living (see Consumer price index)
7
Cotton, raw and manufactures
7, 8, 22, 38, 39
Cottonseed cake and meal and oil
30
Credit, short - and intermediate-term
17, 18
Crops
3, 7, 27. ?8, 30, 38
Crude oil and natural gas
4, 13-15, 35
Currency in circulation
19
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend
payments, rates, and yields
Digitized forDrug
FRASER
stores, sales
3, 7, 27
16
IS
11, 12,17
16, 17, 19
16
26
1,3, 18-21
11, 12
Earnings, weekly and hourly
14-15
Eating and drinking places
.
11, 12
Eggs and poultry
3, 7, 29
Electric power
4, 8, 26
Electrical machinery and equipment
3,
5, 6, 13-15, 19, 22, 34
Employment estimates
12-14
Employment Service activities
16
18
Expenditures, U.S. Government
25
Explosives
1,
Exports (see also individual commodities)
2,21-23
23
Express operations.
7
Failures, industrial and commercial
34
Fans and blowers
1,3,7
Farm income, marketings, and prices
16
Farm wages
.
Fats and oils
8, 22, 29,30
18
Federal Government finance
16
Federal Reserve banks, condition of
17
Federal Reserve member banks
8,25
Fertilizers
10
Fire losses
29
Fish oils and fish
Flooring, hardwood
31
28
Flour, wheat
Food products___ 4-8, 10, 11, 13-15, 19, 22, 23,:, 27-30
10
Foreclosures, real estate
21-23
Foreign trade (see also individual commod.)
34
Foundry equipment
24
Freight carloadings
4, 40
Freight cars (equipment)
7,8, 22
Fruits and vegetables
35, 36
Fuel oil
Fuels
4, 8,!, 35, 36
34
Furnaces
Furniture
3, 4, 8, 11-15, 17
23
Furs
.
-Gas, output, prices, sales,re venues
4, 8, 26
Gasoline
1, 35, 36
Glass and products
38
Glycerin
.
25
Gold
19
Grains and products
7, 8, 22, 24, 27, 28
Grocery stores
11, 12
Gross national product
1, 2
Gross private domestic investment
1,2
Gypsum and products
8, 38
Hardware stores
11
Heating equipment
8, 34
Hides and skins__
8, 30
Highways and roads
9, 10
Hogs
28
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
Hotels
14, 15, 24
Hours of work per week
14
Housefurnishings
1, 4, 7, 8, 10-12
Household appliances and radios
4, 8, 11, 34
Housing starts and permits
....
9
Imports (see also individual commodities). 1, 2,22, 23
Income, personal
2, 3
Income and employment tax receipts
18
Industrial production indexes:
By industry
3, 4
By market grouping
3, 4
Installment credit
12,17, 18
Installment sales, department stores
12
Instruments and related products
3, 13-15
Insulating materials
34
Insurance, life
18, 19
Interest and money rates
17
Inventories, manufacturers' and trade
4-6, 11,12
Inventory-sales ratios
5
Iron and steel__ 3, 5, 6, 8, 10, 13-15, 19, 22, 23, 32, 33
Labor advertising index, disputes, turnover
16
Labor force
12
Lamb and mutton
28
Lard
28
Lead
33
Leather and products
3, 8, 13-15, 30, 31
Life insurance
18, 19
Linseed oil
30
Livestock
3, 7,8,24, 28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
10, 16, 17, 20
Lubricants
35, 36
Lumber and products
- _ 3, 5, 8, 10-15, 19, 3 1
Machine tools .
34
Machinery
3,5,6,8, 13-15, 19,22,34
Mail order houses, sales
11
Manmade fibers and manufactures
8,39
Manufacturers' sales (or shipments), inventories, orders
4—6
Manufacturing employment, production workers, payrolls,, hours, earnings
13-15
Manufacturing production indexes
3, 4
Margarine
29
Meat animals and meats
3, 7, 8, 22, 28
Medical and personal care
7
Metals
3-6, 8, 13-15, 19, 22, 23, 32-34
Milk
27
Mining arid minerals
2-4, 8, 13-15, 19, 20
Monetary statistics
19
Money supply
19
Mortgage applications, loans, rates.
10, 16, 17
Motor carriers
23, 24
Motor vehicles
1, 3-6, 8, 10, 11, 13-15, 19, 22, 40
Motors and generators
34
National defense expenditures
„__ 1, 18
National income and product
1,2
National parks, visits
24
Newsprint
23, 37
New York Stock Exchange, selected data
20, 21
Nonferrous metals___.
3, 8, 19, 23, 33, 34
Noninstallment credit
17,18
Oats
27
Oil burners
34
Oils and fats
8, 22, 29, 30
Orders, new and unfilled, manufacturers'6
Ordnance
13-15
Paint and paint materials
8, 25
Panama Canal traffic
24
Paper and products and pulp
__
3,
5, 6, 8, 13-15, 19, 23, 36, 37
Parity ratio
7
Passports issued
24
Payrolls, indexes
14
Personal consumption expenditures
1, 2
Personal income
2, 3
Petroleum and products
4-6,
8,11, 13-15,19,22,23,35,36
Pigiron__
32
Plant and equipment expenditures
2, 20
Plastics and resin materials
25
Population
12
Pork.
28
Postalsavings__
17
Poultry and eggs
.
3, 7, 29
Prices (see also individual commodities)
7, 8
Printing and publishing
4, 13-15
Profits, corporate
1, 19
Public utilities.
2-4, 7-9, 13-15, 18-21
Pullman Company
24
Pulp and pulpwood
36
Purchasing power of the dollar
8
34
Radiators and convectors
Radio and television
4, 8, 10, 11, 34
Railroads. _ _ _ 2, 13, 14, 16, 18, 20, 21, 24, 40
Railways (local) and bus lines
13- 15, 23
39
Rayon and acetate___
Real estate
10, 17, 18
18
Receipts, U.S. Government
7
Recreation
34
Refrigerators and home freezers
7
Rent (housing)
Retail trade
4, 5, 7, 11-15, 17,18
27
Rice
,
Roofing and siding, asphalt
36
Rubber and product a (incl. plastics) 4-6,
8, 13-15, 23,37
Rye.
27
2
Saving, personal
Savings deposits
17
19,20
Securities issued
20,21
Security markets
Services
1, 2, 13-15
28
Sheep and lambs
Shoes and other footwear
8, 11, 12,31
Silk, prices, imports, production
8,39
Silver
19
Soybean cake and meal and oil
30
Spindle activity, cotton
39
Steel ingots and steel manufactures
32,33
Steel scrap
32
Stock prices, earnings, sales, etc
20, 21
Stone, clay, glass products
3-5,8, 13-15, 19,38
Stoves and ranges
34
Sugar
23,29
Sulfur
25
Sulfuric acid
25
Superphosphate
25
Tea imports
29
Telephone, telegraph, cable, and radiotelegraph carriers
13--15, 24
Teievision and radio
4, 8, 10, 11,34
Textiles and products._ 3, 5, 6, 8, 13-15, 19, 22, 38-40
23,33
Tin
Tires and inner tubes
8, 11, 12,37
Tobacco and manufactures
4-8, 10, 13-15, 22,30
22,34
Tractors
Trade (retail and wholesale)
4, 5, 11,12
23
Transit lines, local
Transportation
1, 2, 7, 13-15, 23, 24
Transportation equipment
3-6, 13-15, 19,40
23, 24
Travel
Truck trailers
40
Trucks (industrial and other)
__ 34,40
Unemployment and insurance
12, 16
U.S. Government bonds
16-18, 20
U.S. Government
finance
_ ___
18
Utilities—.
2-4, 9, 13-1 j, IS 21, 26
Vacuum cleaners
„
Variety stores
Vegetable oils
Vegetables and fruits
Vessels cleared in foreign trade
Veterans'benefits
Wages and salaries
Washers and driers
Water heaters
Waterway traffic
Wheat and wheat flour
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc
„______-
.. _
,_
34
11,12
30
/, 3, 22
24
16, 18
1, 3, 14-16
34
34
24
28
8
4, 5, 7,13-15
36
7, 8, 23, 39
33,34
UNITED STATES
GOVERNMENT PRINTING OFFICE
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $30O
(GPO)
DIVISION OF PUBLIC DOCUMEMTS
WASHINGTON, D.C. 2O4O2
OFFICIAL BUSINESS
First-Class Mail
Volume 44
Survey of Current Business
Numbers 1-6
First-Half 1964 Index
of Special Articles and Features
SPECIAL ARTICLES
The Balance of Payments
National Income and Product in 1963
Postwar Expansion of Output
Employment—-Prices—Finance
Expansion in Merchandise Exports, Imports, and
Trade Surplus in 1963
Government Programs for Fiscal 1964 and 1965..
Business Expects Plant and Equipment Expansion and Larger Sales in 1964
The Balance of Payments in 1963
No.
I
I
1
1
1
2
Page
3
5
13
17
22
7
3
8
3
14
Size Distribution of Income in 1963
No.
4
Page
3
Personal Income by States, 1963
12
Factors Underlying Changes in the Geographic
Distribution of Income
15
Capital Formation, Saving, and Credit
11
Shifting Patterns in Retail Trade
19
The Balance of Payments During the First
Quarter 1964
6
Foreign Travel Boom Continued in 1963
6
8
22
FEATURES
T
No.
Page
2
2
3
Brisk Advance in Final Purchases Features First
Quarter GNP
5
Continued Price Stability
6
5
2
Step-Up in 1964 Plant and Equipment Programs.
6
3
3
5
Manufacturers' Inventory and Sales Expectations—Second and Third Quarters 1964
A o.
Steel Production, Inventories, and Consumption
Strong Automobile Market Continues
The Revenue Act of 1964
Manufacturers' Inventory and Sales Expectations—First Half of 1964
Developments in Agriculture
Page
LATEST SUPPLEMENT
Business Statistics—1963 Edition
Price $2
Orders may be placed with the Superintendent of Documents, U.S. Government Printing
Office, Washington, D.C.9 20402, or the nearest U.S. Department of Commerce Field Office.
Check or money order should be sent with orders.
@FedFRASER