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JUNE 1978 / VOLUME 58 NUMBER
SURVEY OF CURRENT BUSINESS
CONTENTS
U.S. Department of Commerce
THE BUSINESS SITUATION
1
National Income and Product Tables
6
Revised Quarterly State Personal Income, 1969-77
15
Residential Construction: Three Years of Recovery
18
Juanita M. Kreps
/
Secretary
Courtenay M. Slater / Chief Economist
for the Department of Commerce
Bureau of Economic Analysis
George Jaszi / Director
Plant and Equipment Expenditures,
the Four Quarters of 1978
28
Capital Expenditures by Business for Pollution
Abatement, 1973-77 and Planned 1978
33
Revised County and Metropolitan Area Personal
Income
39
International Travel and Passenger Fares, 1977
64
Subject Guide: January—June Issues of Volume 58
(1978)
68
This month's issue of the SURVEY OF CURRENT BUSINESS appears in two
parts. This volume is Part I. Part II, which will be released at a later date, will
contain data on U.S. International Transactions.
CURRENT BUSINESS STATISTICS
General
S1-S25
Industry
S25-S40
Subject Index (Inside Back Cover)
Allan H. Young / Deputy.Director
Carol S. Carson / Editor-in-Chief,
Survey of Current Business
Manuscript Editor: Dannelet A. Grosvenor
Statistics Editor: Leo V. Barry, Jr.
Graphics Editor: Billy Jo Hurley
Staff Contributors to This Issue: Lowell D. Ashby,
Kenneth P. Berkman, Joan E. Bolyard, Robert L.
Brown, Edwin J. Coleman, Frederick J. Dreiling,
Betsy C. Dunlap, Douglas R. Fox, Jeanne S. Goodman,
Linnea Hazen, Robert M. Lipovsky, Virginia K. Olin,
Elizabeth H. Queen, Gary L. Rutledge, Edward I.
Steinberg, John T. Woodward
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2120 Capitol Ave. 778-2220
the BUSINESS SITUATION
CHART 1
PERSONAL INCOME: Change From
Preceding Month
Billion $
30
PERSONAL INCOME
25
20
15
10
10
PROPRIETORS' INCOME
mill
T
Farm
-10
10
OTHER
* Personal Contributions for Social Insurance
I
|
1977
1978
Seasonally Adjusted at A n n u a l Rates
• These are deducted from personal income.
U.S. Department of Commerce, Bureau of Economic Analysis
-5
78-6-1
IF May is taken as representative of
the second quarter as a whole, the
increase in personal income accelerated
sharply—to 14 percent (annual rate)
from 9 percent in the first quarter.
The second-quarter increase was $54%
billion, $18% billion more than in the
first quarter. About two-thirds of the
step-up was traceable to the severe
weather and the coal strike: The
weather and the strike had depressed
economic activity in the first quarter;
a rebound in the second quarter added
to economic activity. On a monthly
basis, the rebound was most apparent in
March and April; in May, the increase
in personal income tapered (chart 1).
The effects of the weather and the
strike on personal income showed up
mainly in an acceleration in wage and
salary disbursements in commodityproducing industries other than manufacturing, which include mining and
construction, and in nonfarm proprietors' income, which includes the earnings of entrepreneurs engaged in construction (table 1).
Farm proprietors' income was also a
major factor in the acceleration in
personal income. Farm income had
declined $2% billion (annual rate) in the
first quarter and increased $1% billion
in the second. First-quarter crop marketings had been held down by a
decline in their physical volume; in the
second quarter, marketings increased.
A sharp acceleration of livestock prices
helped maintain marketings even
though their physical volume declined
after increasing in the first quarter.
Deficiency—or target price—payments
under the Food and Agriculture Act of
1977 and farm inventories also contributed to the improvement in farm
income. Deficiency payments had dropped $1% billion in the first quarter but
increased a little in the second. Farm
inventory accumulation had slowed
sharply in the first quarter, holding
down the increase in farm income.
(Farm income equals farm production
less expenses, and the former is the
sum of marketings and inventory
change.) Inventories were reduced in
the second quarter, but their depressing
effect was much smaller.
Personal contributions for social insurance, which are deducted from income in arriving at personal income,
accounted for the remainder of the
acceleration. The first-quarter increase
had been unusually large because of
increases in the social security tax rate
for individuals and in the taxable
wage base.
Employment, hours, and productivity.—The labor market indicators in
table 2 also show the influence of the
weather and the strike, but—as will be
brought out later—some puzzles are
apparent. The pattern of quarterly
Table 1.—Personal Income
[Change from preceding period; billions of dollars at seasonally adjusted annual rates]
1977:IV1978:1
Personal income
Wage and salary disbursements.
Manufacturing
Other commodity-producing..
Distributive
.^
Services Government and government
enterprises
Proprietors' income
Farm
Nonfarm
- - ..
. ..
Other income
Less: Personal contributions for
social insurance
1978:11978:May
35.8
54.5
29.6
10.4
-.1
8.9
7.4
39.3
9.5
11.0
9.1
7.5
3.0
2.2
-1.7
-2.5
.7
3.9
1.5
12.6
4.6
2.4
12.9
1.8
SURVEY OF CURRENT BUSINESS
increases in employment as measured
by the household survey has been
uneven. The deceleration from 1.2
million in the fourth quarter to 0.7
million in the first, and the subsequent
acceleration to 1.1 million can be
understood in terms of the severe
weather in the first quarter. A similar
pattern in labor force increases is less
clearly attributable to the weather.
CHART 2
Labor Market Indicators
Millions
1.2
CIVILIAN LABOR FORCE: CHANGE FROM PRECEDING
MONTH
Employment
Reflecting the changes in employment
and in the labor force, unemployment
and the unemployment rate declined
only fractionally in the second quarter,
after substantial declines in the two
preceding quarters. On a monthly
basis, the unemployment rate has held
at about 6.1 percent since February
(chart 2).
The effects of the weather and the
strike are not apparent in total employment as measured in the establishment
survey. According to this survey, the
increase in employment accelerated in
both the first and second quarters.
However, establishment-based employment might show the effects of the
weather and strike if allowance were
made for the unusually large number
June 1978
of paid absences in the first quarter.
In addition, the underlying industry
detail on employment supplemented
by information on average weekly hours
does show weather and strike effects
in the industries directly involved.
Employment in mining was down
slightly in the fourth quarter and substantially in the first because of the
coal strike, which began in early
December and ended in late March.
In the second quarter, employment
in mining increased sharply. The large
decrease in hours in the first quarter
reflects the reduction in overtime that
had been worked in the fourth quarter
to build up inventories and to prepare
mines for the shutdown. The increase
in employment in contract construction
Table 2.—Selected Labor Market Indicators
[Seasonally adjusted]
197?
.J I 1 I 1 I I I I 1 1 1 1 1 1 I I 1 1 1 1 I 1 1
Change
1978
II
III
IV
Civilian labor force (millions)
Employment
Unemployment
97.2
90.3
6.9
97.6
90.8
6.7
98.6
92.1
6.6
99.2
93.0
6.2
99.8
93.8
6.0
100.3
94.1
6.1
Civilian labor force participation rate (percent):
Total
62.2
62.2
62.7
62.8
63.0
Employment-population ratio
57.0
57.2
57.7
58.1
58.4
April
May
Percent
7
-
6
-
Unemployment
cent) :
Total
I I I I I I I I I I I I I I II
Millions
1.2
I I I I I I
rate
EMPLOYMENT (ESTABLISHMENT SURVEY):
35.8
35.4
l
Ml!
\
1 1 1 1 II
/
A
1977
63.2
0
.5
58.6
.2
.5
.3
2
-.3
-.4
-.1
677
-.2
644
.2
915
-.3
1,238
.1
-25
-.1
-96
-.5
187
-.1
6.9
6.6
6.2
6.0
6.1
Nonfarm:
Employment
Hours
81,871
36.2
82,548
36.0
83,192
36.2
84,107
35.9
85,170
36.3
85,345
36.0
Mining:
Employment
Hours
849
44.2
836
44.4
811
44.3
715
43.8
44.2
902
43.7
3,857
37.2
3,899
36.6
3,936
36.8
3,972
35.7
4,226
37.4
4,245
36.5
42
19,559
40.4
19,624
40.3
19,750
40.5
20,070
40.0
20,209
40.7
20,235
40.3
65
-.1
4,583
40.2
4,590
4,632
40.1
4,650
40.3
4,708
40.3
4,706
40.3
7
-.3
18,214
33.4
18,377
33.2
18,512
33.3
18,779
32.9
18,876
33.1
18,933
33.1
163
-.2
4,479
36.6
4,525
36.6
4,593
36.7
4,649
36.5
4,687
36.8
4,711
36.6
Services:
Employment
Hours
15,213
33.4
15,434
33.2
15,601
33.4
15,786
33.4
15,954
33.5
15,991
33.2
Government:
Employment
15,117
15,264
15,357
15,485
15,614
15,622
_.
Trade:
Employment
Hours
-
1 11 1 1 1 1 1 II
1.1
1.2
-.2
7.1
Manufacturing:
Employment.. _
Hours
Transportation and public
utilities:
Employment
Hours.
1 I I I II
PRIVATE NONFARM AVERAGE WEEKLY HOURS
36.2
0.4
.6
-.2
0.3
.7
-.4
1 11
1978
Seasonally Adjusted
.4
>
Finance, insurance, and
real estate:
Employment
H ours
-13
.2
U.S. Department of Commerce, Bureau of Economic Analysis
.5
126
.2
36
-1.1
273
320
-.5
165
.3
56
0
135
.1
267
-.4
Data: BLS
78-6-2
154
56
-.2
221
-.2
147
167
.2
93
185
0
205
-.2
128
137
Note: Changes in the household series are adjusted for modification
introduced in survey methodology in January 1978.
1.1
1.1
0
(per-
Contract construction:
Employment
Hours
Hours
36.6
1977:111- 1977:1V- 1978:11977:IV
1978:1* 1978 :May
Employment
(thousands)
and average
weekly
hours — establishment
survey:
CHANGE FROM PRECEDING MONTH
111
1977:111977:111
"Changes in the household series are adjusted for modifications introduced in survey methodology in Januaryl978.
Source: Bureau of Labor Statistics.
June 1978
did not decelerate in the first quarter;
the effect of the severe weather appears
to have been on hours. The rebound
in the second quarter was visible in
both employment and hours.
The other large changes in recent
quarters were in manufacturing and
trade, where employment increases
accelerated in the first quarter and
decelerated in the second. In contrast,
hours dropped in the first quarter and
increased in the second. These developments are particularly puzzling in
manufacturing, where production declined in the first quarter. The firstquarter acceleration in employment has
been attributed to labor hoarding.
However, in the past, labor hoarding
usually involved the retention of labor
in the face of reductions in production
that were expected to be temporary.
In the first quarter, extensive hiring of
labor occurred. To say that labor is
hired in anticipation of increases in
production posits a form of hoarding
that has been rare in the past.
Another puzzle relates to output per
hour in the business economy. Productivity in the business economy (other
than farm and housing) declined sharply
in the first quarter, when there was
little change in real output. In the
second quarter, as will be suggested
later, a substantial increase in output
appears to have occurred.1 But the increase in total hours appears to have
been of the same order of magnitude,
suggesting only a small increase in
productivity. Such a result would be
surprising, because much larger productivity increases have usually accompanied substantial output increases.
Developments in productivity also seem
puzzling if comparisons are made be1. The major source data that shed light on second-quarter
production as reflected in the national income and product
accounts are limited to 1 or 2 months of the quarter, and in
some cases are preliminary. These data are: For personal consumption expenditures (PCE), April and May retail sales, unit
sales of autos through the first 10 days of June, and sales of
trucks for April and May; for nonresidential fixed investment,
the same data for autos and trucks as for P C E , April construction put in place, April manufacturers' shipments of
equipment, and business investment plans for the quarter;
for residential investment, April construction put in place, and
April and May housing starts; for change in business inventories,
April book values for manufacturing and trade, and unit
fauto inventories through May; for net exports of goods and
services, April merchandise trade; for government purchases of
goods and services, Federal unified budget outlays for April,
State and local construction put in place for April, and State
and local employment for April and May; and for prices, the
Consumer Price Index for April, and the Producer Price
Indexes for April and May.
SURVEY OF CURRENT BUSINESS
tween the second half of 1977 and the
second quarter of 1978. They suggest
little change in productivity over the
last half year, as employment increased
in line with output and average weekly
hours returned to about previous levels.
Disposition of personal income
Personal taxes increased about $10
billion (annual rate) in the second
quarter, compared with only $2 billion
in the first. In the first quarter, Federal
personal income taxes were held down
about $6 billion by heavy refunds resulting from provisions of the Tax
Reduction and Simplification Act of
1977. Under the Act, liabilities had
been reduced effective January 1, 1977,
but withholding rates were not cut
until June 1. Also, the increase in
withheld taxes was small, because of
the weakness in wages and salaries. The
large second-quarter increase in personal taxes reflected the absence of
legislated changes and the strengthening
of wages and salaries.
Accordingly, disposable personal income accelerated $8 billion (annual
rate) less than personal income (chart
3). Further, if allowance is made for
the increase in prices of personal consumption expenditures (PCE), which—
as measured by the implicit price
deflator for PCE—appear to have
increased at about the same rate as
in the first quarter, real disposable
income appears to have increased about
4 percent. Setting aside unusual quarters, an increase of this size is well
in line with the increases that have
occurred in recent years.
Real PCE increased about 7 percent
(annual rate) in the second quarter,
compared with a small decline in the
first quarter and a 9K percent increase
in the fourth quarter of 1977. The unusual strength was in motor vehicles,
mainly new autos. The increase in PCE
on other goods and services was in line
with the increase in real disposable income. Among these goods and services,
PCE on fuel oil and coal and on electricity and gas declined; first-quarter expenditures for home heating had been
unusually high because of the severe
weather. Real PCE on food declined
again after an extraordinarily large increase in the fourth quarter. (Sharp
changes in this series may partly be due
to the difficulty of synchronizing the
price and current-dollar series.) Offsetting these declines, PCE on furniture
and equipment and on clothing and
shoes showed strong increases; these
expenditures had dropped substantially
in the first quarter.
The very large increase in real PCE
on new autos reflected the increase in
CHART 3
Personal Income and Consumption:
Change From Preceding Quarter
Billion $
-20
DISPOSABLE PERSONAL INCOME
80
60
Current $
40
20
-20
40
20
PERSONAL CONSUMPTION EXPENDITURES
Constants
•hi liili.il fl
1975
1976
1977
™ 1978
Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Bureau of Economic Analysis
78 6 3
SURVEY OF CURRENT BUSINESS
CHART 4
Retail Sales of New Passenger Cars
Million units (ratio scale)
ported autos; prices of imports have
increased reflecting the depreciation
of the dollar as well as higher manufacturers' list prices. It does not seem,
however, that differential price movements have been the major factor in
the strength of sales of domestic small
autos.
Other second-quarter developments
Setting aside the effects of the
weather, fixed nonresidential investment
was the only component of domestic
final sales other than PCE that showed
strength in the second quarter. Investment in nonresidential structures continued to increase; the strength of
3 -
June 1978
producers' durable equipment was in
motor vehicles. Business plans for plant
and equipment expenditures are discussed later in this issue of the SURVEY.
Residential investment appears to
have declined if an allowance is made
for the effects^ of the weather. An
article later in this issue reviews the
3-year recovery in residential construction, and sheds some light on why a
decline may be underway.
Federal purchases of goods and
services declined in the second quarter.
The decline was accounted for by
redemptions by farmers of commodities
held by the Commodity Credit CorCHART 5
2 -
Prices: Change From Preceding Month
Consumer Price Index
Producer Price Index
Percent
50
1
1977
1978
Seasonally Adjusted at Annual Rates
50
FARM PRODUCTS AND PROCESSED
FOOD
FOODS AND FEEDS
Data: Motor Vehicle Manufacturers Association of the United States, Inc.
40
and Wards.
U.S. Department of Commerce, Bureau of Economic Analysis
30
unit sales (chart 4). (These sales include
sales to other sectors, mainly business.)
Unit sales increased at an annual rate
of about 75 percent in the second quarter, after little change in the two preceding quarters. Sales exceeded 12 million units in April and May and are
likely to have averaged about 12.3 million for the quarter—an average not
attained since the second quarter of
1973. The increase in sales, which extended to imports, was stronger than
generally expected, and cannot be attributed to a significant extent to a
rebound from the severe weather. Inventories of domestic autos were drawn
down in May and probably in June;
production was being reduced in part
to prepare for model changeovers. By
May, the inventory-sales ratio had
fallen from 2.7 in January to about 2.2,
which approaches the ratio usually
considered normal. Sales of smaller
autos were especially strong. Until
recently, the prices of these autos increased less than prices of larger autos.
Also, prices of small domestic autos
have increased less than those of im-
20
10
-10
-20
-30
-40
20
ALL OTHER
10
1977
U.S. Department of Commerce, Bureau of Economic Analysis
1978
1977
Seasonally Adjusted at Annual Rates
1978
Data: BIS
78-65
June 1978
poration under loan agreements, as
market prices of these commodities
continued to increase. In the national
income and product accounts, these
redemptions are treated as sales and
deducted from Federal purchases. In
estimating GNP, these sales are offset
by an addition to farm inventories.
Apart from purchases of structures,
State and local government purchases
do not appear to have increased much
in the second quarter. Hiring of public
service employees is leveling off, and
other purchases did not increase as
much as in the first quarter.
Information relating to secondquarter net exports is confined to
merchandise trade for April, and it is
difficult to judge what net exports for
the quarter as a whole will be. However,
it would not be surprising if real net
exports showed a significant improvement over the first quarter, partly
because of the favorable effects of the
prior depreciation of the dollar on
the merchandise trade balance. Thus,
the slide in net exports that occurred
over the past year may be bottoming
out, and it is likely that net exports
will cease to depress the increase in
final purchases of GNP.
Little is known about inventory
developments in the second quarter.
The information that is available as of
mid-June is confined to April, with
supplementary information about farm
inventories, autos, and coal. Uncertainty about inventories adds to the
difficulty of assessing the increase in
second-quarter GNP. If the effects of
the severe weather and the coal strike
are set aside, a first-quarter increase in
real GNP of somewhat less than the
trend rate of growth is indicated.
Setting aside the rebound from the
weather and the strike, the information
now available for the second quarter is
consistent with a continuation of such
a rate of growth.
The major sources of information
now available on GNP prices are shown
SUKVEY OF CURRENT BUSINESS
in chart 5. On the basis of this information, prices of goods and services other
than food are likely to have increased
a little more than in the first quarter.
Food prices accelerated sharply in the
second quarter as they had in the first.
In both quarters, prices of vegetables
and of meat—especially beef—were
major factors. Heavy rains in the West
that disrupted harvests led to higher
vegetable prices. Prices paid to farmers
for beef began to move up in the fall of
1977, and by early 1978 these increases
were apparent in retail prices. Beef
prices reflect reductions of supply,
which will persist, and continued
strength in consumer demand. The
recent upward revision of the Department of Agriculture's estimate of the
food price increase for 1978 from 6-8
percent to 8-10 percent was based
largely on these factors.
First-quarter
NIP A revisions
The 75-day revisions of the firstquarter national income and product
estimates, which are shown in table 3,
were minor.
Table 3.—-Revisions in Selected Component Series of the NIPA's, First Quarter of 1978
[Seasonally adjusted at annual rates]
Levels
45-day
estimate
Percent change from
preceding quarter
75-day Revision 45-day
estimate
estimate
75-day
estimate
Revision
Billions of current dollars
GNP
_
Personal consumption expenditures
Nonresidential fixed investment
Residential investment
Change in business inventories
Net exports
_
Government purchases
Federal
State and local
National income
Compensation of employees
Corporate profits with inventory valuation and capital
consumption adjustments
Other
1,993.4
1,995.3
1.9
6.6
7.0
0.4
1,281.9
199.7
100.1
19.7
-24.6
416.6
152.7
263.9
1,282.4
.5
-.9
0
1.4
1.0
0
0
-.1
7.3
13.4
1.7
7.5
11.5
1.8
.2
-1.9
.1
2.8
-2.6
2.8
-2.6
0
0
0
1,609.9
1,609.9
1,243.5
126.8
239.6
198.8
100.1
21.1
-23.6
416.6
152.7
263.8
1,243.8
126.5
239.5
.3
-.3
-.1
6.1
6.1
6.3
6.2
14.0
-41.1
3.5
14.1
-41.6
3.4
-.1
.1
-.5
-.1
Billions of constant
(1972) dollars
GNP_.
Personal consumption expenditures,.
Nonresidentialfixedinvestment
Residential investment
Change in business inventories
Net exports
G overnment purchases
Federal
State and local
1,358.8
1,360.3
1.5
877.5
130.6
59.1
13.8
877.9
130.2
59.3
14.7
.4
-.4
.2
-1.0
5.5
-5.3
4.1
-3.9
.1
-1.4
1.4
274.4
101.7
172.6
274.3
101.7
172.6
-.1
0
0
-3.7
-9.0
-.4
-3.8
-9.1
-.4
-.1
-.1
0
7.1
6.6
6.7
7.0
6.4
6.4
-.1
-.2
-.3
3.4
4.0
.4
-.4
-.9
Index numbers, 1972=100*
GNP implicit price deflator
GNP fixed-weighted price index.
GNP chain price index..
146.71
148.5
146.68
148.4
1. Not at annual rates.
NOTE.—For the first quarter of 1978, the following revised or additional major source data became available: For personal
consumption expenditures, revised retail sales for March, sales and inventories of used cars of franchised automobile dealers for
February (revised) and March, revised receipts for hotels and personal services for February and March, consumption of
electricity for February and of natural gas for the quarter, and expenditures for hospital and telephone service for March;
for nonresidential fixed investment, revised manufacturers' shipments of equipment for March, revised construction put in
place for March, and business expenditures for plant and equipment for the quarter; for residential investment, revised construction put in place for March; for change in business inventories, revised book values for manufacturing and trade for March;
for net exports of goods and services, revised merchandise trade for March, and revised service receipts for the quarter; for government purchases of goods and services, revised construction put in place for March; for wages and salaries, revised employment,
average hourly earnings, and average weekly hours for March; for corporate profits, revised domestic book profits for the quarter,revised dividends from abroad and branch profits (net) for the quarter; for net interest, revised net interest received from
abroad for the quarter; and for GNP prices, revised residential housing prices for the quarter.
SURVEY OF CUEEENT BUSINESS
6
June 1978
NATIONAL INCOME AND PRODUCT TABLES
1977
1976
1976
1977
IV
I
II
1978
III
IV
I'
1977
1976
1976
1977
IV
I
Seasonally adjusted at annual rates
1978
II
III
IV
Ir
Seasonally adjusted at annual rates
Billions of current dollars
Billions of 1972 dollars
Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
Gross national product
1,706.5 1,889.6 1,755.4 1,810.8 1,869.9 1,915.9 1,961.8 1,995.3 1,274.7 1,337.3 1,287.4 1,311.0 1,330.7 1,347.4 1,360.2 1,360.3
Personal consumption expenditures..
Durable goods
Nondurable goods_,
Services
_
Gross private domestic investment.
1,094.0 1,211.2 1,139.0 1,172.4 1,194.0 1,218.9 1,259.5 1,282.4
821.3
861.2
839.8
850.4
854.1
860.4
879.8
877.9
183.5
504.3
594.6
127.5
321.6
372.2
138.2
333.7
389.2
130.7
329.4
379.7
136.9
329.7
383.8
137.9
330.0
386.3
136.5
332.4
391.4
141.6
342.7
395.5
137.4
337.9
402.6
158.9
442.7
492.3
179.8
480.7
550.7
166.3
458.8
513.9
177.0
466.6
528.8
178.6
474.4
541.1
177.6
481.8
559.5
186.0
499.9
573.7
243.3
294.2
243.4
271.8
294.9
303.6
306.7
320.0
173.0
195.5
169.2
186.7
197.2
200.8
197.5
204.2
299.0
164.5
183.7
171.0
177.0
184.0
185.1
188.7
189.4
230.0
276.1
244.3
258.0
273.2
280.0
293.2
Nonresidential
Structures
_
Producers' durable equipment-
161.9
55.8
106.1
185.1
61.5
123.6
167.6
57.0
110.6
177.0
57.9
119.2
182.4
61.0
121.4
187.5
62.6
124.9
193.5
64.5
129.0
198.8
66.2
132.6
116.8
37.1
79.7
126.8
38.4
88.4
119.0
37.3
81.7
124.3
37.0
87.3
126.4
38.2
88.1
127.6
38.9
88.7
128.9
39.4
89.5
130.2
39.7
90.4
Residential
_
Nonfarm structures.
__.
Farm structures
Producers' durable equipment..
68.0
65.7
1.0
1.3
91.0
88.4
1.1
1.4
76.7
74.3
1.1
1.3
81.0
78.5
1.1
1.4
90.8
88.2
1.2
1.4
92.5
89.9
1.1
1.5
99.7
97.1
1.0
1.6
100.1
97.3
1.1
1.7
47.7
46.0
.7
1.0
56.9
55.1
.7
1.1
52.0
50.2
.7
1.1
52.7
50.9
.7
1.1
57.6
55.7
.8
1.1
57.5
55.7
.7
1.1
59.9
58.0
.6
1.2
59.3
57.3
.7
1.3
13.3
14.9
-1.6
18.2
17.1
1.0
-.9
1.4
-2.3
13.8
14.1
-.3
21.7
22.4
— 7
23.6
23.1
.5
13.5
9.0
4.5
21.1
20.3
.8
8.5
10.1
-1.6
11.8
11.1
.7
-1.8
.7
-2.5
9.7
9.9
-.2
13.2
13.6
-.5
15.7
15.3
.4
8.7
5.5
3.2
14.7
14.2
.5
9.5
13.8
10.6
9.4
12.2
5.9
4.0
97.5 ! 96.9
88.0 ; 83.1
96.9
86.3
98.5
89.1
99.8
87.6
94.8
88.9
98.2
94.3
•Fixed investment
_
__
Change in business inventories.
Nonfarm
_
Farm
_~
Net exports of goods and services
Exports
Imports
Government purchases of goods and services
Federal
_
National defense..
Nondefense
State and local
7.8
-10.9
3.0
-8.2
-9.7
-7.5
-18.2
-23.7
16.0
162.9
155.1
174.7
185.6
168.5
165.6
170.4
178.6
178.1
187.7
179.9
187.4
170.6
188.8
180.5
204.2
95.8
79.8
361.4
39S.0
370.0
374.9
390.6
400.9
413.8
416.6
264.4
130.1
86.8
43.3
231.2
145.4
94.3
51.1
249.6
134.2
88.4
45.8
235.8
136.3
89.7
46.7
238.5
143.6
93.4
50.2
247.0
148.1
95.6
52.5
252.9
153.8
98.5
55.2
260.0
152.7
99.5
53.2
263.8
96.5
167,9
264.6
263.3
270.0
274.0
277.0
274.3
101.4 j 97.1
97.0
101.1
103.3
104.2
101.7
167.5
166.4
168.9
170.7
172.8
172.6
271.1
169.7
Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
1,706.5 1,889.6 1,755.4 1,810.8 1,869.9 1,915.9 1,961.8 1,995.3 1,274.7 1,337.3 1,287.4 1,311.0 1,330.7 1,347.4 1,360.2 1,360.3
Gross national product..
Final sales
_
Change in business inventories.
Goods
Final sales
Change in business inventories.
1,693.1 1,871.4 1,756.3 1,797.0 1,848.2 1,892.2 1,948.2 1,974.3 1,266.2 1,325.5 1,289.2 1,301.2 1,317.5 1,331.8 1,351.5 1,345. 6
21.1
13.2
13.8
23.6
13.5
8.5
11.8
-1.8
9.7
15.7
18.2
-.9
21.7
14.7
13.3
8.7
827.1
865.4
613.1
602.4
608.5
843.5
862.5
581.9
617.0
624.4 616.6
580.1
834.7
774.7
805.9
764.2
844.4
592.7
595.3
819.9
601.2
583.7
601.3
849.0
571.6
615.7 601.9
775.6
792.1 805.4
750.9
816.6
21.1
9.7
13.2
23.6
8.5
-1.8
15.7
-.9
13.8
13.5
11.8
14.7
13.3
18.2
21.7
8.7
Durable goods
Final sales
Change in business inventories.
303.4
299.3
4.1
341.3
332.2
9.1
312.6
312.0
.6
334.4
326.6
7.8
341.0
329.5
11.5
342.3
332.1
10.3
347.6
340.9
6.8
349.6
334.1
15.5
235.2
232.4
2.8
253.8
247.7
6.1
237.0
237.0
.1
252.3
246.7
5.6
254.7
247.4
7.3
253.5
246.8
6.7
254.8
250.1
4.6
253.6
243.8
Nondurable goods
Final sales
Change in business inventories.
460.9
451.6
9.3
493.4
484.3
9.1
462.1
463.6
-1.6
471.5
465.6
6.0
486.1
475.9
10.2
501.2
487.8
13.4
514.9
508.1
6.8
515.8
510.2
5.6
344.9
339.3
5.7
359.3
353.5
5.8
344.8
346.7
-1.9
350.1
346.0
4.2
353.8
347.9
5.8
363.5
354.5
9.0
369.7
365.6
4.1
363.0
358.1
4.9
782.0
160.2
867.4
187.5
813.8
166.9
833.7
171.2
855.3
187.5
881.6
190.7
898.8
200.4
930.0
199.9
584.7
109.9
606.2
118.0
593.6
111.9
597.1
111.5
602.9
119.3
611.1
119.4
613.8
122.0
624.0
119.7
Services
Structures-
Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national product.
Gross domestic product
Business
Nonfarm
Nonfarm less housing.
Housing
Farm
Statistical discrepancy..
Kesidual*
Households and institutions.
Government
Federal
State and localRest of the world.
1,706.5 1,889.6 1,755.4 1,810.8 1,869.9 1,915.9 1,961.8 1,995.3 1,274.7 1,337.3 1,287.4 1,311.0 1,330.7 1,347.4 1,360.2 1,360.3
1,692.1 1,872.5 1,740.9 1,793.2 1,851.4 1,898.2 1,947.1 1,978.4 1,268.0 1,330.1 1,280.9
1,303.3 1,322.8 1,340.1 1,354.2 1,353.5
1,444.3 1,603.6 1,485.2 1.532.3 1,586.4 1,628.1 1,667.7 1,692.4 1,082.0 1,141. 2 1,093.9 1,116.2 1,134.9 1,150. 5 1,163.3 1,161.9
1,390.9 1,553.5 1,433.4 1,478.0 1,536.7 1,580.0 1,619. 5 1,644.8 1,043.8 1,104. 6 1,054.8 1,077.8 1,099.8 1,112. 7 1,128.0 1,128.7
966.7
987.8
934.9
944.7
1,258.7 1,407.4 1,296.8 1.337.4 1,392.7 1,431.9 1,467.6 1,489.2
991.8
999.3 1,013.4 1,013.0
144.1
155.6
111.1
112.1
140.6
151.9
108.8
110.2
132.3
113.4
115.6
148.0
112.8
114.5
146.1
136.5
50.8
51.8
35.1
34.9
51.0
52.1
33.0
34.1
47.9
36.2
35.1
47.2
35.8
37.1
50.3
46.4
-1.2
-4.2
-3.9
3.3
5.5
.9
-.2
5.3
3.4
5.2
4.9
1.6
-1.7
-1.9
.2
56.2
63.0
58.3
60.4
62.0
63.6
66.2
68.8
40.2
41.4
40.6
40.6
41.2
41.7
42.1
42.1
191.6
62.4
129.2
205.8
66.5
139.4
197.5
64.7
132.8
200.5
65.4
135.1
203.1
65.5
137.6
206.5
65.8
140.7
213.2
69.1
144.1
217.2
69.8
147.5
145.8
48.4
97.3
147.5
48.6
146.4
48.6
97.8
146.5
48.6
97.9
146.7
48.6
98.1
148.7
48.7
100.1
14.4
17.1
14.4
17.6
18.4
17.7
14.7
16.9
6.7
7.2
6.5
7.7
7.9
147.9
48.7
99.2
7.4
149.5
48.7
100.9
6.8
6.0
' Revised.
HISTORICAL STATISTICS
The national income and product data for 1929-72 are in The
National Income and Product Accounts of the United States, 1929-7'4:
Statistical Tables (available for $4.95, SN 003-010-00052-9, from
Commerce Department District Office or the Superintendent of
Documents; see addresses inside front cover). Data for 1973 and
1974-76 are in the July 1976 and July 1977 issues of the SURVEY,
respectively (except for seasonally unadjusted quarterly estimates,
which are in the September 1976 and August 1977 issues).
SURVEY OF CURRENT BUSINESS
June 1978
1976
1976
1977
1977
I
IV
II
1978
III
IV
1976
Ir
1976
1977
Seasonally adjusted at annual rates
1,706.5 1,889.6 1,755.4 1,810.8 1,869.9 1,915.9 1,961.8 1,995.3
179.0
197.0
184.5
189.0
193.3
199.8
205.9
210.8
142.0
152.9
146.7
149.0
151.2
154.6
157.0
159.5
-37.1 -44.1 -37.8 -40.0 -42.1 -45.2 -49.0 -51.3
150.5
165.2
155.5
160.1
163.3
166.9
170.6
173.4
8.1
5.5
9.0
-.2
8.4
5.3
8.7
3.3
8.9
-1.2
9.1
.9
9.4
-3.9
9.6
-4.2
2.0
.5
.5
.1
1.4
5.9
4.1
Plus: Subsidies less current
surplus of government enterprises
Equals: National income
Less: Corporate profits with
inventory valuation
and capital consumption adjustments.
Net interest
Contributions for social
insurance
Wage accruals less disbursements
Plus: Government transfer
payments to persons..
Personal interest income.
Net interest
Interest paid by government to persons
and business
Less: Interest received
by government
Interest paid by consumers to business..
Dividends
Business transfer payments
Equals: Personal income
123.8
0
184.7
130.3
88.4
123.1
92.0
125.4
95.3
139.0
127.5
135.0
138.0
0
0
0
189.5
136.4
92.0
194.8
140.3
95.3
194.0
145.4
98.9
0
197.
147.8
100.9
140.2
98.9
144.8
106.1
126.5
109.4
139.9
143.1
154.9
0
0
0
199.5
150.3
103.1
203.2
155.2
106.1
206.2
160.0
109.4
149.0
103.1
39.3
42.4
40.6
41.2
42.3
42.4
43.6
44.9
22.4
25.0
22.6
23.7
24.7
25.5
26.1
27.1
25.0
35.8
29.6
41.2
26.3
38.4
27.5
38.5
28.9
40.3
30.4
42.3
31.6
43.6
32.8
43.8
8.1
9.0
8.4
8.7
8.9
9.4
9.6
1,382.7 1,536.7 1,432.2 1,476.8 1,517. 2 1,549. 8 1,603. 0 1,638.8
[Billions of 1972 dollars]
Less: Capital consumption
allowances with capital consumption adjustment
1,274.7 1,337.3 1,287.4 1,311.0 1,330.7
126.0
129.8
127.0
128.0
129.2
1,347.4
1,360.2
130.4
131.6
132.5
Equals: Net national product.. 1,148.7 1,207.5 1,160.4 1,182. 9 1, 201.5 1,217.0 1,228. 6 1,227.8
Less: Indirect business tax
and nontax liability
plus business transfer
payments less subsidies plus current surplus of government
enterprises- _
Residual
Equals: National income
r
Revised.
Rest of the world
National income..
Domestic income
126.1
5.2
132.6
129.2
131.1
131.9
132. 9
4.9
3.4
.2
1.6
I"
1,527.4 1,692.61 ,570.91,621.8 1,676.6 1,716.0 1,755.8 1,784.5
1,513.1 1,675. 5 1, 556.5 1,604.2 1,658.2 1,698.4 1,741.1 1,767.6
14.4
17.1
134. 7 135.3
-1.7
-1.9
1,017.4 1,074.0 1,026.3 1,048.4 1,069.4 1,082.6 1,095.6 1,094.3
14.4
17.6
18.4
17.7
14.7
16.9
1,364.1 1,520.5 1,402.1 1,450.2 1,505.7 1,540.5 1,585.7 1,,609.9
1,349.8 1,503.4 1,387.6 1,432.6 1,487.3 1,522.9 1,571.0 1,592.9
Business
1,102.00 11L, 234.6 1,131.8 1,171.7 1,222.2
222. 1,,252.7
252.7 1,291.
l 291.6 1,306.9
Nonfarm
1,069. 2 l1,199.2 1,100. 5 1,135.1 i; 187.2 1^, 221. 6 1,, 252. 6 1., 270.4
Farm
_
32.77
31.4
36. 6
35. 0 31.11
35.4
36.5
38.9
Households and institutions. 56.2 63.0 58.3 60. 4 62. 0 63.6 66.2 68.8
Government.
_.
191.6 205.8 197.5 200.5 203.1 206.5 213.2 217.2
Rest of the world-
14.4
17.1
14.4
17.6
18.4
17.7
14.7
16.9
Billions of 1972 dollars
Net domestic product.
Business
Nonfarm
Farm.
Residual i
Households and institutions.
Government..
Rest of the world
National income
9.1
IV
Business
1,265. 3 1 , 406.6 1,300.7 11,343.31 , 393.1 1,428.2 1,, 461.7 1,481. 6
Nonfarm
1,225. 0 1, 371.0 1,262.4 1,302.9 1, 357. 7 1,394.. 8 1, 428.7 1, 449. 6
Farm.
34.8
32.9
35.8
37.1
36.6
32.5
36.9
36.2
Statistical discrepancy
5.5
5.3
3.3 - 1 . 2
-.2
.9 - 3 . 9 - 4 . 2
Households and institutions.
56.2
58.3
60.4
63.0
62.0
63.6
66.2
68.8
Government.
191.6 205.8 197.5 200.5 203.1 206.5 213.2 217.2
Net national product
139. 9
100.9
Table 5.—Relation of Gross National Product, Net National
Product, and National Income in Constant Dollars (1.10)
Gross national product
Net national product
1,364.1 1,520.5 1,,402.1 1,450.2 1,505.7 1, 540. 5 1[,585.7 1,609.9
128.1
88.4
III
Table 6.—Net National Product and National Income by Sector in
Current and Constant Dollars (1.11, 1.12)
Net domestic product
Equals: Net national product.. 1,527.4 1,692. 6 1,,570.9 1,621.8 1,676.6 1,716.0 1,755. 8 1,1,784.5
Less: Indirect business tax
and nontax liability...
Business transfer payments
Statistical discrepancy..
II
Billions of dollars
Table 4.—Relation of Gross National Product, Net National
Product, National Income, and Personal Income (1.9)
Gross national product
I
IV
1978
Seasonally adjusted at annual rates
Billions of current dollars
Less: Capital consumption
allowances with
capital consumption adjustment
Capital consumption
allowances without
capital consumption adjustment
Less: Capital consumption adjustment
1977
Domestic income
Business
Nonfarm
Farm.
Households and institutions.
Government
Rest of the world.
1,148.7 1,1,207.
,160. 4 1 ,182.9 1,201.
,217. 0 11,228.6 1,227.8
1,142.011,200.
,153. 9 1 ,175.2 1,193.
,209. 6 11,222.6 1,221.0
956.0 1,,011.4
927.0 984.3
23.8
26.2
5.2
.9
40.2
41.4
145.8 147.5
6.7
7.2
966.9
937.2
24.8
4.9
40.6
146.4
6.5
988.2 1,005.7 1,020. ,031.7 1,029.3
959.2 980.2 991. L, 006.1 1,006.0
25.6
25.4
27.3
25.2
26.6
.2
3.4
1.6 - 1 . 7 - 1 . 9
42.1
40.6
41.2
42.1
41.7
146.5 146.7 147.9 148.7 149.5
7.7
7.9
7.4
6.0
1,017.4 1,074.0 1,026.3 1, 048.4 1,069.4 1,082.6 1,095.6 1,094.3
1,010.7 1,066.81,019.81, 040. 7 1,061.5 1,075.2 1,089,
1,087.6
824.7
799.2
25.5
40.2
145.8
877.9
850.1
27.8
41.4
147.5
832.8
806.3
26.5
40.6
146.4
853.7
826.4
27.3
40.6
146.5
873.6
846.7
26.9
41.2
146.7
885.6
857.4
28.1
41.7
147.9
870.0
28.8
42.1
148.7
895.9
869.3
26.6
42.1
149.5
6.7
7.2
6.5
7.7
7.9
7.4
6.0
6.8
1. Equals GNP in constant dollars measured as the sum of final products less GNP in
constant dollars measured as the sum of gross product by industry. The quarterly estimates
are obtained by interpolating the annual estimates with the statistical discrepancy deflated
by the implicit price deflator for gross domestic business product.
NOTE.— Table 6: The industry classification within the business sector is on an establishment basis and is based on the 1972 Standard Industrial Classification.
Footnotes for tables 2 and 3.
1. Equals GNP in constant dollars measured as the sum of final products less GNP in
constant dollars measured as the sum of gross product by industry. The quarterly estimates
are obtained by interpolating the annual estimates with the statistical discrepancy deflated
by the implicit price deflator for gross domestic business product.
NOTE.—Table 2: "Final sales" is classified as durable or nondurable by type of product.
"Change in business inventories" is classified as follows: For manufacturing, by the type of
product produced by the establishment holding the inventory; for trade, by the type of
product sold by the establishment holding the inventory; for construction, durable; and for
other industries, nondurable.
Table 8: The industry classification within the business sector is on an establishment basis
and is based on the 1972 Standard Industrial Classification.
SUEVEY OF CURRENT BUSINESS
8
1976
1977
1978
1977
1976
I
IV
II
June 1978
III
1976
IV
1976
1977
Compensation of employees
Wages and salaries
Government and government enterprises
Other
Supplements to wages and
salaries
_.
Employer contributions
for social insurance
Other labor income
Proprietors' income with inventory valuation and capital consumption adjustments.
Farm
Proprietors' income with
inventory valuation adjustment and without
capital consumption adjustment.
_
Capital consumption adjustment
Nonfarm
Proprietors' income without inventory valuation
and capital consumption adjustments
Inventory valuation adjustment
Capital consumption adjustment
Rental income of persons with
capital consumption adjustment
Rental income of persons
Capital consumption adjustment
Corporate profits with inventory valuation and capital
consumption adjustments
Corporate profits with inventory valuation adjustment and without capital
consumption adjustment..
Profits before tax
Profits tax liability
Profits after tax
Dividends
..
Undistributed profitsInventory valuation adjustment
Capital consumption adjustment
Net interest
Addenda:
Corporate profits with inventory valuation and capital
consumption adjustments..
Profits tax liability
_
Profits after tax with inventory valuation and capital
consumption adjustments.
Dividends
Undistributed profits
with inventory valuation and capital consumption adjustments. .
450.2 ,505.7
540.5 ,585.7
036.3 ,156.3 ,074.2
109.9 ,144.7
167.4 ,203.3 , 243.8
9.9
891.
990.0
923.2
951.3
980.9
998.9 ,029.1 ,058.7
187.2
704.6
199.9
790.1
192.5
730.7
194.8
756.4
197.2
783.6
200.6
798.3
206.9
822.2
209.9
848.8
144.5
166.3
150.9
158.6
163.8
168.5
174.3
185.1
68.6
75.9
77.
70.9
80.0
75.4
83.2
77.1
78.2
90.3
80.2
94.0
87.4
97.8
88.0
98.2
88.7
95.1
97.0
95.5
105.0
103.3
18.6
19.7
16.6
20.7
19.7
15.5
22.7
20.2
Capital consumption allowances with capital consumption adjustment
22.8
24.
20.8
25.0
24.2
20.3
27.9
25.7
-4.
69.4
-4.
78.5
-4.2
72.0
-4.2
74.3
-4.5
77.3
-4.8
80.0
-5.2
82.4
-5.5
83.1
-1.3
73.2
76.1
78.9
80.8
84.2
86.3
-1.4
-2.0
-1.7
-.6
-1.4
-2.3
-.1
.3
0
-.1
-.4
23.3
25.3
24.1
24.5
24.9
25.5
26.4
40.0
45.3
41.5
42.9
44.6
45.7
48.1
- 1 6 . 7 - 2 0 . 0 -17.3 - 1 8 . 4 - 1 9 . 7 - 2 0 . 2 - 2 1 .
26.9
48.9
-22.0
128.1
139.9
123.1
125.4
140.2
IV
I'
149.0
144.8
115.4 115.3 129.5 139.5 138.1 118.4
147.1 151.6 163.3 163.3 171.6 163.7
63.9 64.4 69.7 69.3 73.3 69.5
83.2 87.2 93.6 94.0 98.3 94.2
35.5 34.5 36.5 38.
40.2 40.1
47.7 52.7 57.1 55.3 58.0 54.1
- 1 6 . 9 -20.6 - 1
- 5 . 9 -14.1 -24.8
- 1 4 . 8 -15.6 -15.9 -17.9 -19.4 -20.6
11.4
13.0
11.7
12.2
12.
13.2
13.
14.0
51.0
56.3
52.9
54.0
55.1
57.
58.8
60.8
Gross domestic product of nonfinancial corporate b u s i n e s s . . . 991.0 ,105.21,017.2 1,049.3 1,094.9 1,124.8 1,151.7 1,165.8
Net domestic product
Indirect business tax and nontax
liability plus business transfer
payments less subsidies
Domestic income.
Compensation of employees
Wages and salaries
Supplements to wages and
salaries
—
Corporate profits with inventory valuation and capital
consumption adjustments
Profits before tax
Profits tax li ability
Profits after tax
Dividends. _
Undistributed profits
Inventory valuation adjustment
Capital
consumption
adjustment
Net interest
107.0 116.6 110.2 112.5
884.0
114.2 118.2 121.4 124.2
1,006.6 1,030.31,041.6
907.0 936.8
108.6 102.5 105.3
107.5 109.4 112.1 114.4
784.6 880.1 804.5 831.6
650.3 733.1 674.4 700.6
552.6 619.9 572.3 593.1
873.3 897.2 918.2 927.2
727.4 741.2 763.4 791.8
615.7 626.3 644.6 665.2
97.7 113.2 102.0 107.5
111.
114.9 118.7 126.6
101.9 110.2 97.1 96.3 109.8 118.5 116.1 95.7
130.6 141.8 128.7 132.4 143.4 142.0 149.3 140.6
53.
57.0 52.7 52.8 57.7 56.9 60.4 55.9
76.9 84.8 76.0 79.5 85.
85.1 88.9 84.7
36.0 35.
32.4 38.
37.2 39.4 41.0 40.9
44.
46.6 40.0 44.3 48.5 45.7 47.9 43.8
- 1 4 . 1 - 1 4 . 6 - 1 6 . 9 -20.6 -17.8 - 5 . 9 -14.1
-24.8
-14.
32.4
- 1 7 . 0 - 1 4 . 7 -15.5 -15.8 -17.6 -19.1
36.7
33.0
34.6
36.1
37.
-20.1
38.
126.5
39.7
Billions of 1972 dollars
142.
156.
64.
92.
35.8
56.4
-14.
157.
171.
69.2
102.5
41.2
61.4
-14.6 - 1 6 .
- 1 4 . 7 -17.
88.4
128.
64.
63.
35.
27.6
137.9
154.8
63.9
90.
38.4
52.5
100.9
139.9
69.2
70.7
41.2
29.5
141. C 156.2
174.
161.
64.4
69.
97.2 104.3
38.5
40.3
58.
64.
-20.
-17.
-14.8 -15.
-15.
92.
123.
63.
59.
20.
95.3
125.4
166.9
172.8
69.3
103.6
42. 3
6L2
-5.9 -14.
-24.8
-19.
-20.6
103.
106.
109.4
144.
69.
73.5
61. C
38.
22.
147.1
171.9
69.5
102.4
43.8
58.5
-17.
140.
64.4
164.2
178.
73.3
105.0
43.6
61.4
126.5
69.5
57.1
43.8
30.
37.
27.
041.9 1,161.4 1,070.11,103.3 1,150.0 1,181.9 1,210.5 1,226.6
117.6
119.4
123.7 127.0
130.1
111.8 121.9
115.2
Net domestic product
Indirect business tax and
nontax liability plus business transfer payments less
subsidies
930.11,039.5
954.9
108.3
118.6
111.9
115.0
117.4
119.6
122.5
125.1
Domestic income
Compensation of employ-
821.8
920.9
843.0
870.7
913.2
938.6
961.0
971.5
Wages and salaries
Supplements to wages
and salaries
585.9
777.3
656.6
715.9
($6.9
786.0
663.3
809.2
682.6
839.1
704.1
104.5
120.8
109.0
743.1
628.4
114.8
770.9
651.8
119.1
122.6
126.6
135.0
Net interest.
Capital consumption allowances w i t h
capital consumption adjustment
Table 8.—Gross Domestic Product of Corporate Business (1.15, 7.8)
Gross domestic product
of corporate business. _.
Corporate profits with inventory
valuation and capital consumption adjustments
119. 130.6
Profits before tax
148.7 162.4
Profits tax liability
64.7 69.2
Profits after tax
84.0 93.3
Dividends. _
31.8 3'
Undistributed profits
52.2 55.8
Inventory valuation adjustment. - 1 4 . 1 - 1 4 . 6
Capital consumption adjustment
14.7 -17.2
Gross domestic product of1 financial corporate business
80.0
III
Table 8.—Gross Domestic Product of Corporate Business—Con.
402.1
70.4
II
Billions of dollars
Table 7.—National Income by Type of Income (1.13)
364.1 ,520.5
1978
Seasonally adjusted at annual rates
Billions of dollars
National income.
I
IV
Seasonally adjusted at annual rates
1977
71,030. 6 1 , 058. 3 1,083. 5 1,096.6
Gross domestic product of nonfinancial corporate b u s i n e s s — 731.0 774.4 736.5 753.3
Capital consumption allowances w i t h
capital consumption adjustment
74.9 76.9 75.3 75.8
656.1 697.6 661.3 677.5
N e t domestic product
Indirect business tax a n d nontax
liability plus business transfer
82.9 86.7 84.7 86.0
p a y m e n t s less subsidies__
Domestic income
• 573.2 610.8 576.6 591.5
771.7 781.2 791.5
76.5 77.2 77.9 78.4
695.2 704.0 713.6 711.6
86.2 86.7 88.0
609.0 617.3 625.6 623.5
Dollars
Current-dollar cost and profit
per unit of constant-dollar
gross
domestic product 2
Capital consumption allowances with
capital consumption adjustment
Net domestic product
Indirect business tax and nontax
liability plus business transfer
payments less subsidies
Domestic income
Compensation of employees
Corporate profits with inventory
valuation and capital consumption adjustments
Profits tax liability
Profits after tax with inventory valuation and capital consumption adjustments
Net interest
1.356 1. 427 1.381 1. 393
1.419 1.440 1. 455 1.476
149
.146
151 .150
1.209 1.' 277 1.231 I! 244
1.271 1.288 I! 302 1.318
.136
140
.139
140
1.073 1. 136 1.092 I. 104
930
947 .916
.890
.148
.151
153
.157
.139
.140
142
.145
1.132 1.148 I. 160 1.174
.943
.949
964 1.002
.139
.073
142
074
.072
128
070
.142
.075
.152
.073
147
076
.121
.071
.066
.044
069
047
.060
.045
058
046
.068
.047
.079
.048
070
049
.050
.050
.132
1 Consists of the following industries: Banking; credit agencies other than banks; security
and commodity brokers, dealers, and services; insurance carriers; regulated investment
companies; small business investment companies; and real estate investment trusts.
2. Equals the deflator for gross domestic product of nonfinancial corporate business with
the decimal point shifted two places to the left.
SUEVEY OF CUERENT BUSINESS
June 1978
1976
1977
1978
1977
1976
I
IV
II
9
III
IV
1976
1976
I'
1977
Seasonally adjusted at annual rates
Personal consumption expenditures
New autos
Net purchases of used
autos
Producers' durable equipment
New autos_
New purchases of used
autos
Net exports
Exports
Imports..
Government purchases of
goods and services
Change in business inventories of new and used
autos
New
Used....
62.9
72.8
66.1
74.1
73.2
70.8
73.0
71.6
61.8
55.0
39.2
71.3
63.9
64.9
58.1
73.0
65.0
73.3
65.1
68.5
62.3
70.4
63.2
69.2
46.0
40.8
45.8
47.3
44.9
45.9
15.8
17.9
17.3
19.2
17.8
17.4
17.3
8.8
15.7
10.3
19.1
8.7
16.6
9.8
18.8
10.3
19.5
10.1
18.8
11.1
19.5
16.6
11.0
19.3
-7.0
-2.6
6.4
8.9
-8.8
-3.7
7.0
10.7
-7.9
-2.6
6.4
9.0
-9.0
-2.5
7.1
9.6
-9.2
-2.8
7.3
10.1
-8.7
-4.6
6.8
11.4
-8.4
-4.7
6.9
11.6
-8.3
-5.5
6.9
12.4
.7
.6
.7
.7
.7
.8
.7
1.0
1.0
0
1.5
1.6
-.2
1.2
1.0
.2
1.0
1.3
-.3
-.1
50.5
11.5
59.4
15.3
52.6
12.6
60.4
14.0
62.9
46.4
'.6
2.4
2.6
-.2
2.7
3.4
—. 7
2.4
2.6
59.4
16.9
58.8
14.8
58.9
15.4
59.6
14.9
n
Addenda:
Domestic output of new
autos i_
-.
--.
Sales of imported new autos 2_.
Billions of 1972 dollars
Auto output _
Final sales.
Personal consumption expenditures
New autos..
Net purchases of used
autos
Producers' durable equipment
New autos
Net purchases of used
autos
Net exports
Exports
Imports
_
Government purchases of
goods and services
Change in business inventories of new and used
autos
New
Used
50.1
55.6
51.2
56.8
56.4
54.6
54.6
52.4
49.4
54.4
50.3
55.8
56.1
52.7
52.9
50.9
41.6
32.1
45.5
35.7
42.5
32.7
46.5
36.3
46.6
37.1
44.5
34.8
44.3
34.6
43.0
34.1
9.5
9.8
9.8
10.2
9.4
9.6
9.7
8.9
8.3
12.9
9.8
14.9
8.3
13.3
9.6
14.9
10.0
i5.3
9.7
14.6
9.8
14.8
9.5
14.2
-4.6
-1.0
5.2
6.2
-5.1
-1.5
5.4
6.9
-5.0
-1.0
5.1
6.1
-5.3
-1.0
5.6
6.6
-5.3
-1.1
5.7
6.8
-4.9
-2.0
5.2
7.2
-5.0
-1.8
5.2
7.1
-4.7
-2.2
5.2
7.3
.5
.6
.5
.6
.6
.6
.6
.6
.7
.7
0
1.2
1.3
-.1
.9
.8
.1
1.1
1.2
-.1
3
13
1.9
2.0
1.7
2.2
-.5
1.6
1.7
-.2
41.3
9.4
46.1
11.9
42.1
10.1
47.8
11.1
46.6
13.3
44.5
11.6
44.0
10.9
i
1
Addenda:
Domestic output of new
autos i
__
Sales of imported new autos 2_
r
Revised.
45.6
11.5
1. Consists of final sales and change in business inventories of new autos produced in the
United States.
2. Consists of personal consumption expenditures, producers' durable equipment, and
government purchases.
3. Consists of agriculture, forestry, andfisheries;mining; contract construction; and manufacturing.
4. Consists of transportation; communication; electric, gas, and sanitary services; and
trade.
5. Consists offinance,insurance, and real estate; services; and rest of the world.
NOTE.—Table 10: The industry classification of wage and salary disbursements and proprietors' income is on an establishment basis and is based on the 1972 Standard Industrial
Classification.
266-014 O - 78 - 2
II
III
IV
I'
Billions of dollars
Table 9.—Auto Output in Current and Constant Dollars (1.16, 1.17)
Auto output.
I
IV
1978
Seasonally adjusted at annual rates
Billions of dollars
Final sales
1977
Table 10.—Personal Income and Its Disposition (2.1)
Personal income-
,382.7 1,536.7 ,432.2 1,476.8 1,517.2 1,543.8 1,603.0 1,638.8
Wage and salary disbursements
891.8
990.0
923.2
951.3
980.9
998.9 1,029.1 1,058.7
Commodity-producing
industries 3-._
Manufacturing
4
Distributive industries
...
Service industries 5
Government and government enterprises
308.5
238.2
217.1
179.0
346.4
267.3
242.8
200.9
317.7
245.1
226.4
186.7
329.0
255.4
234.5
193.0
345.4
265.9
240.5
197.7
351.0
270.0
244.4
202.8
360.2
278.0
251.8
210.2
370.5
288.4
260.7
217.6
206.9
209.9
187.2
199.9
192.5
194.8
197.2
200.6
Other labor income..
75.9
88.6
80.0
83.2
86.7
90.3
Proprietors' income with inventory valuation and
capital consumption adjustments
88.0
98.2
95.1
97.0
95.5
105.0
103.3
18.6
69.4
19.7
78.5
16.6
72.0
20.7
74.3
19.7
77.3
15.5
80.0
22.7
82.4
20.2
83.1
26.9
Farm
Nonfarm.
97.8
Rental income of persons
with capital consumption
adjustment
23.3
25.3
24.1
24.5
24.9
25.5
26.4
Dividends
35.8
41.2
38.4
38.5
40.3
42.3
43.6
43.8
Personal interest income
130.3
147.8
136.4
140.3
145.4
150.3
155.2
160.0
Transfer payments
192.8
206.9
198.0
203.5
203.0
208.7
212.6
215.9
92.9
105.0
98.4
99.9
101.8
108.5
110.0
111.6
15.7
14.4
12.7
13.8
15.0
13.9
15.1
14.3
12.3
13.7
11.6
13.3
11.8
13.9
10.7
14.2
25.7
28.8
26.4
27.1
28.4
29.2
30.5
31.3
9.9
34.3
10.2
36.3
10.0
34.3
10.0
37.0
10.2
36.6
10.3
35.6
10.4
36.0
10.4
37.7
55.2
61.3
56.6
59.6
60.8
61.7
62.9
67.5
196.9
227.5
209.5
224.4
224.8
226.1
234.7
236.6
Old-age, survivors, disability, and health insurance benefits...
Government unemployment insurance benefitsVeterans benefits.
Government employees
retirement benefits
Aid to families with dependent children
Other
Less: Personal contributions for social insurance..
Less: Personal tax and nontax
payments
Equals: Disposable personal
income
1,185.8 1,309.
,222. 6 1 ,252.4 1,292.5 1,,323.8 1,368.3 1,402.1
1,119. 9 1,, 241.
,166.3 ,201. 0 1,223.9 1,250.5 1,292.2 1,,316.5
Less: Personal outlays.
Personal consumption expenditures.
1,094. 0 1,211. 2 1 139. 0 1,172. 4 1, 194.0 1,218.9 1,, 259.5 1,282. 4
Interest paid by consumers
28.9
32.8
31.6
30.4
to business
29.6
27.5
26.3
25.0
Personal transfer payments
1.0
1.3
1.2
1.3
1.1
1.1
to foreigners (net)
1.0
.9
Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars.
Per capita:
Current dollars..
1972 dollars
Population (millions)
Personal saving as percentage
of disposable personal income
-
65.9
67.3
56.3
51.4
68.5
73.3
76.1
85.7
890.3
930.9
901.5
908.4
924.5
934.4
955.8
959.8
5,511
4,13'
6,037
4,293
5,665
4,17"
5,793
4,202
5,96'
4,268
6,098
4,305
6,290
4,394
6,435
4,405
215.2
216.9
215.8
216.
216.6
217.1
217.5
217.9
5.6
5.1
5.3
5.5
5.6
6.1
4.1
SUEVEY OF CURRENT BUSINESS
10
1976
1976
1977
I
IV
1977
II
June 1978
.1978
III
IV
I'
1977
1976
1976
1977
I
IV
Seasonally adjusted at annual rates
1978
II
III
IV
I'
Seasonally adjusted at annual rates
Billions of current dollars
Billions of 1972 dollars
Table 11.—-Personal Consumption Expenditures by Major Type of Product in Current and Constant Dollars (2.3, 2.4)
1,094.0 1,211.2 1,139.0 1,172.4 1,194.0 1,218.9 1,259.5 1,282.4
821.3
861.2
839.8
850.4
854.1
860.4
879.8
877.9
Durable goods
158.9
71.9
63.9
23.1
179.8
83.8
70.5
25.5
166.3
75.7
66.5
24.1
177.0
85.3
67.4
24.2
178.6
84.5
69.3
24.8
177.6
81.2
70.9
25.5
186.0
84.2
74.3
27.5
183.5
85.0
71.6
26.9
127.5
55.7
52.8
19.0
138.2
61.2
56.8
20.3
130.7
56.7
54.6
19.5
136.9
62.7
54.8
19.4
137.9
62.1
55.9
19.8
136.5
59.3
57.0
20.2
141 6
60.6
59.4
21.6
137.4
59.8
56.7
20.9
Nondurable goods
442.7
225.5
76.3
41.4
12 0
87.6
480.7
246.2
83.0
44.7
12 8
93.8
458.8
232.0
79.9
43.5
13.3
90.0
466.6
237.9
79.3
44.1
13.7
91.6
474.4
244.8
80.4
44.3
12.3
92.5
481.8
248.3
83.3
44.2
12.3
93.7
499.9
254.0
89.0
46.3
13.1
97.5
504.3
259.4
85.5
47.2
15.2
97.0
321.6
159.-7
64.7
25.2
5.7
66.4
333.7
167.5
67.7
25.7
5.4
67.3
329.4
163.9
66.8
25.6
6.1
67.1
329.7
165.4
65.5
25.8
5.9
67.1
330.0
166.4
66.0
25.6
5.1
66.9
332.4
167 6
67.5
25.5'
5.0
66.8
342.7
170 8
72.0
26.0
5.3
68.6
337.9
169.5
68.6
26.4
6.2
67.3
Services
492.3
167.9
73.0
33.3
39.6
36.8
214.6
550.7
184.4
82.9
39.2
43.7
41.6
241.9
513.9
173.7
78.8
37.6
4* 2
38.7
222.8
528.8
177.6
80.7
38.7
42.0
39.5
230.9
541.1
181.9
79.2
36.1
43.1
40.5
239.4
559.5
186.7
85.2
41.0
44.2
42.3
245.3
573.7
191.4
86.6
41.1
45.6
43.8
251.8
594.6
196.4
92.9
46.2
46.7
45.9
259.3
372.2
136.3
52.7
21.6
31.1
28.9
154.3
389.2
141.1
56.2
23.1
33.1
29.6
162.3
379.7
138.2
55.1
23.4
31.8
29.1
157.3
383.8
139.2
55.8
23.6
32.2
29.2
159.6
386.3
140.3
54.6
21.7
32.9
29.3
162.0
391.4
141.8
57.0
23.6
33.4
29.7
162.9
395.5
143.0
57.6
23.5
34.0
30.4
164.6
402.6
144.4
60.8
26.2
34.5
31.4
166.0
Personal consumption expenditures
Motor vehicles and parts. __ _ __ __ ._
Furniture and household equipment
Other
Food
Clothing and shoes
Gasoline and oil _
Fuel oil and coal
Other
Housing
Household operation
Electricity and gas.
Other
Transportation
Other.
__
1976
1976
1977
I
IV
1978
1977
II
III | IV
I'
1976
1977
Seasonally adjusted at annual rates
III
IV
I'
Table 13.—State and Local Government Receipts and Expenditures (3.4)
332.3 373.9 344.5 364.9 371.2 373.2 386.3 395.3
Receipts-
Personal tax and nontax receipts.
Income taxes
_
Estate and gift taxes
Nontaxes
147.3 170.7 157.1 170.0 168.6 168.6 175.6 176.0
141.6 163.4 150. 7 157.9 163.2 162.8 169.8 170.6
5.3
7.1
5.7
5.6
6.3 11.9
5.3
5.6
.1
.1
.1
.1
.1
.1
.1
.1
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Excise taxes
Customs duties >
Nontaxes
Contributions for social insurance
55.9
59.4
55.1
55.4
59.9
59.5
63.0
59.8
23.4
16.9
4.6
1.9
24.8
17.4
5.4
2.1
23.8
17.3
4.5
2.0
24.2
17.2
5.0
2.0
24.6
17.2
5.4
2.1
25.4
17.5
5.8
2.1
25.2
17.8
5.3
2.1
26.0
17.6
6.3
2.1
105.'
118.9 108.4 115.4 118.1 119.7 122.5 133.5
386.3 423.4 400.4 403.7 411.5 432.1 446.3 451.1
Expenditures
_.
Nondefense
Compensation of employees.
Other
Transfer payments.
To persons
To foreigners
Grants-in-aid to State and local
governments
Net interest paid
Interest paid
To persons and business
To foreigners
_
Less: Interest received by Government
Subsidies less current surplus of
Government enterprises
Subsidies
Less: Current surplus of Government enterprises
130.1 145.4 134.2 136.3 143.6 148.1 153.8 152.7
86.8 94.3 88.4 89.7 93.4 95.6 98.5 99.5
41.6 43.9 43.0 43.3 43.3 43.4 45.8 46.0
24.1 25.1 24.8 24.8 24.7 24.8 26.3 26.2
17.6 18.8 18.2 18.5 18.5 18.7 19.5 19.8
45.2 50.4 45.4 46.4 50.2 52.1 52.8 53.5
43.3
20.8
22.6
51.1
22.5
28.6
45.8
21.7
24.0
46.7
22.1
24.6
50.2
22.2
28.0
52.5
22.4
30.1
55.2
23.4
31.9
53.2
23.7
29.5
162.0 173.1 166.3 170.7 169.3 174.8 177.4 179.9
158.8 169.9 163.1 167.8 166.4 171.2 174.3 176. 7
3.1
3.2
3.6
3.2
2.9
3.2
3.2
61.0
67.5
65.5
62.0
63.6
72.7
71.7
74.7
27.2
32.2
27.7
4.5
29.6
35.7
29.9
5.7
28.5
33.4
28.7
4.7
28.6
34.1
29.2
4.9
29.1
35.1
5.2
29.4
35.6
29.8
5.9
31.5
37.8
30.8
7.0
33.7
40.2
32.0
8.3
5.0
6.0
4.9
5.5
6.0
6.2
6.3
6.6
5.9
5.
7.8
7.2
6.0
5.9
6.1
6.3
5.9
6.1
7.2
6.3
11.9
10.1
10.2
8.2
29.9
264.7 294.4 277.5 281.0 288.1 301.6 307.1 313.8
Receipts.
Personal tax and nontax receipts
Income taxes
Nontaxes
Other
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Sales taxes
Property taxes
Other
Contributions for social insurance
Federal grants-in-aid
^_
56.8
31.8
17.5
7.6
52.5
29.0
16.3
7.1
54.4
30.3
16.8
7.3
8.9
9.7
8.8
9.0
56.2
31.4
17.2
7.5
57.5
32.1
17.7
7.
10.3
9.7
18.1
20.1
19.1
19.5
19.9
20.2
20.7
21.4
61.0
67.5
65.5
62.0
63.6
72.7
71.7
74.7
231.2 249.6 235.8 238.5 247.0 252.9 260.0 263.8
144.1 147.5
115.9 116.4
112.2
28.3 29.0 29.5
25.9 28.0 26.5 27.0
_i__ 129.2 139.4 132.8 135.1 137.6 140.
102.0 110.2 103.1 103.4 109.4
Transfer payments to persons.
Net interest paid
Interest paid
Less: Interest received by Government
Subsidies less current surplus of
government enterprises
Subsidies
Less: Current surplus of government enterprises
-5.7 -6.5 -5.7 -6.2 -6.3 -6.7 -7.0 -7.6
11.6 12.4 12.0 12.1 12.4 12.6 12.8 12.9
18.3
18.7
19.3
19.8
17.3
19.0
17.7
-5.2
.2
-5.8
.3
-5.5 - 5 . 7 - 5 . 7 - 5 . 8 - 5 . 9 - 6 . 0
.3
.3
.4
.3
.3
.4
5.4
6.1
5,8
6.0
6.0
6.2
6.3
6.4
18.4
29.2
26.5
27.3
25.4
32.9
31.1
34.1
15.2 15.4
11. 3j It.9
15.5
10.0
15.5
17.4
15.
15.4
16.0
18.1
20.5
Less: Wage accruals less disbursements
Surplus or deficit (—), national
income and product accounts-
Social insurance funds..
Other funds
14.
3.9
1. Includes fees for licenses to import petroleum and petroleum products.
-1.5
-12. -10.2 -15.0 -10.0 - 7 . 9 -11.6 -11.
-48.6 -54.4
-41.5 -39.3 -40.9 -28.8 -32.4
60.6
34.1
18.6
8.0
127.1 140.4 131.7 135.9 138.6 141.5 145.4 147.4
57.3 63.9 59.1 61.7 63.1 64.2 66.5 67.0
57.6 62.7 59.7 61.0 62.1 63.4 64.6 65.6
12.3 13.7 12.9 13.2 13.5 13.9 14.3 14.8
»• Revised.
Surplus or deficit (—), national
income and product accounts.. - 5 4 . 0 - 4 9 . 5 - 5 5 . 9 - 3 8 . 8 - 4 0 . 3 - 5 8 . 9 - 6 0 . 0 - 5 5 . 8
59.1
33.1
18.1
246.2 265.2 251.1 253.7 262.6 268.7 276.0 279.6
Expenditures
Purchases of goods and services
Compensation of employees
Other
49.6
26.8
16.0
6.8
-1.7 -1.9
JBSS: Wage accruals less disbursements
II
Billions of dollars
Table 12.—Federal Government Receipts and Expenditures (3.2)
Social insurance funds
Other funds
I
IV
1978
Seasonally adjusted at annual rates
Billions of dollars
Purchases of goods and services
National defense..
Compensation of employees.
Military
Civilian
Other
_
1977
1976
SURVEY OF CURRENT BUSINESS
June 1978
1977
1976
1976
I
IV
1977
II
11
1976
1978
III
Ir
IV
1976
1977
Seasonally adjusted at annual rates
I
IV
Receipts from foreigners. 162.9
174.7
168.5
170.4
178.1
179.9
170.6
180.5
Exports of goods and services.. 162.9
114.7
Merchandise
48.2
Other
174.7
120.2
54.5
168.5
118.9
49.7
170.4
117.9
52.5
178.1
122.1
56.0
179.9
123.2
56.7
170.6
117.7
52.9
180.5
122.7
57.7
0
0
0
0
0
0
Payments to foreigners.. 162.9
174.7
168.5
170.4
178.1
179.9
170.6
180.5
Imports of goods and services.. 155.1
123. 9
Merchandise
31.1
Other
185.6
151.4
34.2
165.6
133.2
32.4
178.6
145.8
32.8
187.7
153.3
34.5
187.4
153.4
34.0
188.8
153.1
35.7
204.2
166.9
37.3
Transfer payments (net)
From persons (net)
From government (net)
4.2
.9
3.2
4.3
1.1
3.2
4.2
1.0
3.2
4.0
1.1
2.9
3.9
1.0
2.9
4.9
1.3
3.6
4.3
1.2
3.2
4.4
1.3
3.1
Interest paid by government
to foreigners
4.5
5.7
4.7
4.9
5.2
5.9
7.0
8.3
Net foreign investment
-.9
0
- 5 . 9 - 1 7 . 1 -18.8 - 1 8 . 2 - 2 9 . 5 - 3 6 . 4
-20.9
Gross saving
237.0
273.6
232.2
251.4
251.4 277.2
284.5
0
5.5
5.5
478.6
59.8
482.5
492.0
504.7
60.0
57.6
61.5
530.2
68.9
Nonfarm
Durable goods
Nondurable goods..
401.7
225.8
175.9
415.8
231.4
184.4
422.5
235.0
187.6
434.4
243. 5
190.9
443.3
249.0
194.3
461.3
260.6
200.7
Manufacturing
Durable goods
Nondurable goods..
206.1
130.8
75.3
210.8
133.1
77.8
213.7
134.4
79.3
219.3
138.9
80.4
222.6
141.6
81.0
230.6
147.4
83.2
Wholesale trade
Durable goods
Nondurable goods
75.2
46.0
29.2
78.8
47.5
31.2
79.5
48.8
30.7
50.6
30.2
83.7
51.9
31.8
89.9
55.4
34.6
Retail trade
__..
Durable goods
Nondurable goods..
81.2
36.5
86.0
38.2
47.8
88.5
39.0
49.5
91.9
40.6
51.4
93.7
41.5
52.1
97.5
43.3
54.2
40.2
40.8
42.4
43.4
43.2
44.7
Other
39.1
Final s a l e s 2 .
, 486.1
1,518. 5 1 564. 7 1,604. 4 1,654. 2 1,671.3
.311
.270
270
.307
.271
.305
.268
.317
.276
Billions of 1972 dollars
Inventories
300.4
302.8
306.1
310.0
312.2
315.9
41.4
41.3
41.2
41.3
42.1
42.2
Nonfarm
Durable goods
Nondurable goods..
259.0
147.4
111.6
261.5
148.8
112.7
264.9
150.7
114.2
268.7
152.4
116.4
270.1
153.5
116.6
273.7
156.0
117.7
- 1177. .22 - 1144. .88 - 1155. .66 -15.9
- 1 5 . 9 - 1177. .99 - 1199. .44 - 2 0 . 6
Manufacturing
Durable goods
Nondurable goods..
128.1
82.7
45.4
128.7
83.0
45.7
130.3
83.8
46.4
131.4
84.2
47.3
131.2
84.3
46.9
132.5
85.4
47.1
127.0 130.1
121.9 115.2
115.2 117.6
123.7 127.0
121.9
117.6 119.4
119.4 123.7
Wholesale trade
Durable goods
Nondurable goods..
49.7
31.2
18.5
50.5
31.8
18.7
51.1
32.4
18.6
51.7
32.9
18.8
52.8
33.6
19.2
54.7
34.5
20.2
Retail trade
Durable goods
Nondurable goods..
57.
25.6
58.8
26.1
32.7
60.0
26.4
33.6
62.0
27.3
34.7
62.3
27.5
34.9
63.2
27.9
35.3
23.5
23.6
23.7
23.8
29.5
29.5
61.4
61.4
20.8
20.8
52.5
52.5
22.5
22.5
58.8
58.8
30.3
30.3
64.1
64.1
37.4
37.4
61.2
61.2
27.9
27.9
61.4
61.4
13.2
58.5
- 1 4 . 6 - 1166. .99 - 2200. .66 - 1177. .88 - 55..99 - 1144. .11 - 2 4 . 8
-14.6
75.1
69.2
71.4
73.8
76.2
0
0
0
0
0
78.9
32.0
0
Other.
00
0
0 0
0
0
0
o
0
o0
0
-- .. 22
5.3
5.3
3.3
3.3
- 11..22
..9
9
- 33..99 - 4 . 2
' Revised.
1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories
calculated from current-dollar inventories shown in this table is not the current-dollar change
in business inventories (CBI) components of G N P . The former is the difference between two
inventory stocks, each valued at end-of-quarter prices. The latter is the change in the physical
volume of inventories valued at average prices of the quarter. I n addition, changes calculated
from this table are at quarterly rates, whereas CBI is stated at annual rates.
2. Quarterly totals at annual rates.
3. Equals ratio of nonfarm inventories to final sales of business. These sales include a small
amount of final sales by farms.
NOTE.—Table 16: Inventories are classified as durable or nondurable as follows: For manufacturing, by the type of product produced by the establishment holding the inventory; for
trade, by the type of product sold by the establishment holding the inventory; for construction, durable; and for other nonfarm industries, nondurable. The industry classification is
based on the 1972 Standard Industrial Classification.
Table 17: The industry classification of compensation of employees, proprietors' income,
and rental income is on an establishment basis; the industry classification of corporate profits
and net interest is on a company basis. The industry classification of these items is based
on the 1972 Standard Industrial Classification.
23.6
Final sales 2.
23.4
1,147.1
1,106.5 1,121.7 1,134.8 1,154.6
1,095.7
Ratio of inventories to
final sales
Nonfarm 3
.274
.274
.236
.273
.236
.273
.237
.270
.234
.275
.239
Table 17.—National Income Without Capital Consumption Adjustment by Industry (6.4)
National income without capital consumption adjustment..
1,399. 3 1,562. .5 1, 4 3 7 .
Domestic income
461.5
Farm.
Gross investment
276.1 285.4 277.2 283.7
242.5 273.3 237.5 254.7 276.1
Gross private domestic invest243.3 294.2 243.4 271.8
ment
271.8 294.9 303.6 306.7 320.0
Net foreign investment
_. - .. 99 -20.9
- 2 0 . 9 - 55..99 - 1177. .11 - 1188. .88 - 1188. .22 - 2299. .33 - 3 6 . 4
Statistical discrepancy...
Inventories
Farm.
281.0
281.0 287.9
261.6 262.9 292.1
293.9 261.6
292.1 310.5
310.5 309.9 309.7
67.3
56.3 51.4
51.4 68.5
68.5 73.3
73.3 76.1
76.1 85.7
67.3
56.3
Government surplus or deficit(—), national income and
product accounts
- 3355. .66 - 2200. .33 --29.4
2 9 . 4 - 1111. .55 --14.9
1 4 . 9 - 2266. .00 - 2288. .99 - 2 1 . 7
- 5544. .00 --49.5
Federal
4 9 . 5 --55.9
5 5 . 9 - 3388. .88 - 4400. .33 - 5588. .99 - 6600. .00 - 5 5 . 8
31.1 34.1
18.4
27.3
State and local
18.4
29.2
26.5
27.3
25.4
32.9
31.1
29.2
26.5
25.4
32.9
Capital grants received by the
United States (net)
IV
Table 16.—Inventories and Final Sales of Business in Current and
Constant Dollars (5.9, 5.10)
Ratio of inventories to
final sales
Nonfarm 3
Table 15.—Gross Saving and Investment (5.1)
Gross private saving
272.5
Personal saving
65.9
65.9
Undistributed
corporate
profits with inventory
valuation and capital
consumption
adjustments
27.6
27.6
Undistributed profits
56.4
56.4
Inventory valuation ad- 1144. .11
justment
Capital consumption adjustment
- 1144. .77
Corporate capital consumption
allowances
with
capital consumption adjustment
111.8
111.8
Noncorporate capital consumption allowances with
capital consumption adjustment
_
67.2
Wage accruals less disbursements
0
III
Billions of dollars
Table 14.—Foreign Transactions in the National Income and
Product Accounts (4.1)
0
II
1978
Seasonally adjusted at annual rates
Billions of dollars
Capital grants received by the
United States (net)..
1977
Agriculture, forestry, and
fisheries
Mining and construction
1,384.9 1,545.4
1,423.
,488.
,545. 7 1,583.6 1,632.4 1,653.8
,470.
,527. 3 1,565.9 1,617.7 1,641.9
40.8
87.1
44.7
99.0
39.8
89.5
44.4
90.7
44.2
99.5
41.0
102.1
49.4
103.5
48.0
101.5
365.0
146.9
218.1
412.2
160.
251.4
370.8
148.3
222.6
386.5
152.4
234.1
410.8
159.4
251.4
418.3
166.4
251.9
433.3
169. 5
263.
436.2
168.0
268.1
Transportation
Communication
Electric, gas, and sanitary
services
50.6
30.9
56.2
35.4
52.1
32.5
53.2
33.3
55.5
34.5
56.6
36.0
59.3
37.9
59.4
39.5
25.9
28.5
25.4
28.0
27.4
29.6
29.2
31.5
Wholesale and retail trade..
Wholesale
Retail
220.7
91.1
1.29.6
245.1
99.2
145.9
229.5
92.7
136.8
234.8
94.6
140.1
241.8
98.7
143.1
251. 4
102.9
148.5
252.3
100.6
151.7
254.9
101.9
153.0
Finance, insurance, and real
estate
Services
Government and government enterprises
160.8
188.2
181.6
211.6
166.8
195.5
172.2
202.5
177.8
207.9
184.4
214.4
191.7
221.6
196.9
230.2
214.9
231.1
221.4
225.0
227.9
232.0
239. 5
243.9
14.4
17.1
14.4
17.6
18.4
17.7
14.7
16.9
Manufacturing
Nondurable goods
Durable goods
Rest of the world
SUEVEY OF CURRENT BUSINESS
12
1977
1976
1976
1977
I
IV
II
June 1978
1978
III
IV
1976
1976
! « •
1977
IV
Seasonally adjusted at annual rates
Rest of the world.
123.1
125.4
140.2
149.0
144.8
126.5
119.9
18.0
101.9
130.6
20.4
110.2
115.4
18.3
97.1
115.3
19.1
96.3
129.5
19.7
109.8
139.5
21.0
118.5
138.1
21.9
116.1
118.4
22.7
95.7
8.1
9.3
7.7
10.1
10.7
9.6
6.7
8.2
157.1
137.9
141.0
156.2
166.9
164.2
147.1
Domestic industries
134.6
Financial1
18.2
Federal Reserve banks....
6.0
Other
12.2
147.8
20.7
6.2
14.4
130.2
18.4
6.1
12.3
131.0
19.2
6.1
13.1
145.5
19.9
6.2
13.7
157.4
21.2
6.2
15.1
157.5
22.3
6.4
15.9
138.9
23.1
7.0
16.1
Nonfinancial
Manufacturing
Nondurable goods
Food and kindred
products
Chemicals and allied
products
Petroleum and coal
products
Other
116.4
66.3
36.4
127. 2
75.4
37.8
111.8
62.9
33.9
111.8
65.2
33.7
125.5
76.4
37.0
136.1
77.6
40.1
135.2
82.2
40.4
115.8
70.2
35.9
8.3
6.2
7.1
5.1
5.6
8.0
6.2
4.5
7.4
8.1
6.6
7.7
8.3
8.1
8.4
8.2
9.9
10.8
10.1
13.3
10.3
9.2
11.7
10.5
12.6
9.9
14.2
11.0
14.8
8.5
14.6
Durable goods
Primary metal industries
Fabricated
metal
products
Machinery,
except
electrical
Electric and electronic equipment
Motor vehicles and
equipment
Other
29.9
37.5
29.0
31.5
39.4
37.5
41.8
34.4
Rest of the world.
.3
2.0
1.2
4.1
4.3
4.4
3.4
7.7
8.3
9.5
7.2
5.7
6.0
6.1
8.5
10.4
8.2
11.6
6.8
9.7
25.4
19.2
2.4
1.5
1.1
1.0
2.7
3.5
4.0
3.0
3.2
5.9
8.1
6.6
6.8
3.7
5.4
4.0
4.6
5.3
7.2
7.2
8.6
9.9
26.5
6.9
7.4
8.0
7.9
9.8
9.8
24.0
25.4
31.2
27.4
11.5
11.5
12.9
12.4
10.4
11.1
11.6
11.0
11.5
12.2
14.1
13.2
14.5
13.1
14.6
11.8
8.1
9.3
7.7
10.1
10.7
9.6
6.7
8.2
Corporate profits before
deduction of capital
consumption
allowances with inventory
valuation adjustment.. 239.9
261.8
238.3
243.0
259.7
272.7
271.8
256.6
252.5
25.8.
6.2
19.6
230.6
23.3
6.1
17.2
232.9
24.2
6.1
18.1
249.0
25.0
6.3
18.7
263.1
26.4
6.2
20.3
265.1
27.6
6.4
21.2
248.4
28.5
7.0
21.5
Nonfinancial
Manufacturing
Nondurable goods
Food and kindred
products
Chemicals and allied
products
Petroleum and coal
products
Other
208.9
106.3
55.2
228.7
118.3
58.2
207.3
104.2
53.3
208.7
107.2
53.5
224.0
119.0
57.2
236.7
120.8
60.7
237. 5
126.1
61.4
219.9
114.9
57.2
11.7
10.0
10.6
8.7
9.3
11.8
10.1
8.5
11.9
13.1
11.2
12.5
13.2
13.2
13.6
13.6
15.3
16.3
15.8
19.3
15.5
16.0
14.8
17.6
16.1
18.6
15.5
20.2
16.7
21.0
14.2
20.9
Durable goods".
Primary metal industries
Fabricated
metal
products
Machinery,
except
electrical
Electric and electronic equipment
Motor vehicles and
equipment
Other
51.1
60.1
50.9
53.6
61.8
60.1
64.7
57.7
Wholesale and retail trade.
Transportation,
communication, and electric, gas, and sanitary
services
Other
Rest of the world..
Personal consumption expenditures
Durable goods
Nondurable goods..
Services
I'
133.2
140.6
135.6
137.9
139.8
141.7
143.2
146.1
124.7
137.7
132.3
130.1
144.0
141.5
127.2
139.3
135.4
129.3
141.5
137.8
129.5
143.8
140.1
130.0
144.9
142.9
131.3
145.9
145.0
133.6
149.2
147.7
139.8
138.7
150.7
150.3
146.0
160.3
142.9
140.9
152.8
145.8
142.5
156.6
148.5
144.4
159.7
151.3
146.9
160.9
155.3
150.1
164.0
157.8
152.8
166.8
133.1
142.5
143.0
142.9
139.8
159.9
160.5
159.2
135.4
147.5
148.0
148.9
136.5
153.7
154.3
153.7
137.7
157.6
158.2
157.7
140.8
160.9
161.5
160.6
144.1
166.5
167.3
166.4
146.6
168.9
169.8
169.1
122.6
126.9
123.8
125.2
126.6
127.6
128.3
129.4
170.0
194.3
179.2
211.0
174.0
199.3
175.9
207.0
180.8
210.6
180.2
213.9
180.0
212.5
183.7
216.6
16.7
145.7
139.8
142.3
144.6
146.3
149.4
151.9
134.8
137.7
143.4
147.1
138.2
140.7
140.6
142.0
146.2
143.3
148.1
147.6
150.5
150.2
152.9
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' d u r a b l e
equipment
Eesidential
Nonfarm structures
Farm structures
Producers' durable
equipment
Change in business inventories
Net exports of goods and
services.
Exports..
Imports.
Government purchases
goods and services
of
Federal.
State and local.
Table 20.—Fixed-Weighted Price Indexes for Gross National
Product, 1972 Weights (7.2)
Gross national product. . 134.9
Personal consumption expenditures
4.4
6.2
5.5
5.8
6.1
6.2
5.3
13.3
11.0
6.1
5.6
4.9
4.9
6.7
5.2
5.8
4.7
4.9
11.9
10.3
10.5
11.5
12.1
6.6
8.4
7.0
7.6
8.3
8.7
9.0
9.1
10.7
12.8
12.5
16.0
10.8
13.3
11.9
13.9
13.6
15.9
12.3
16.5
12.1
17.8
10.9
16.0
37.4
37.7
38.1
34.8
36.4
42.6
37.1
31.1
36.9
28.3
40.4
30.3
36.7
28.4
38.3
28.5
38.8
29.9
42.0
31.4
42.8
31.5
43.4
30.5
8.1
9.3
10.1
10.7
9.6
6.7
8.2
143.2
137.5
139.9
142.3
144.0
146.1
148.4
134.0
141.7
136.3
138.6
140.9
142.8
144.4
147.1
124.8
138.9
132.6
130.6
145.6
142.0
127.3
140.4
135.6
129.3
142.7
138.1
130.0
145.3
140.6
130.6
146.6
143.4
132.1
147.7
145.6
134.7
150.6
148.0
141.1
140.3
Structures
- - 148.4
Producers'
durable
equipment .
135.7
142.5
Residential
Change in business inventories
152.6
148.8
157.4
144.6
143.0
150.6
148.1
145.1
153.7
151.1
147.6
156.8
153.6
149.8
158.4
157.4
152.5
160.3
160.0
155.2
163.0
144.0
159.7
138.6
147.4
140.3
153.6
142.4
157.4
144.9
160.7
148.0
166.4
150.7
168.9
172.4
185.2
181.8
199.2
176.2
190.6
177.8
194.5
182.6
198.7
182.6
202.7
182.7
204.7
185.8
212.1
Durable goods
Nondurable goods
Services
-Gross private domestic investFixed investment
Nonresi dential . .
231.8
22.9
6.0
16.9
Domestic industries
Financial i
Federal Reserve banks
Other
rv
Gross national product.. 133.88 141.29 136.35 138.13 140.52 142.19 144.23 146.68
139.9
27.1
in
Table 19.—Implicit Price Deflators for Gross National Product (7.1)
Corporate profits with
inventory
valuation
adjustment and without capital consumption adjustment
_. 142.7
Wholesale and retail trade.
Transportation, communication, and electric,
gas,
and
sanitary
services
Other
ii
Index number, 1972=100
Table 18.—Corporate Profits by Industry (6.18)
Domestic industriesFinancial 1
Nonfinancial
i
1978
Seasonally adjusted
Billions of current dollars
Corporate profits with
inventory
valuation
and capital consumption adjustment
__. 128.1
1977
Net exports of goods and services
Exports
Imports
-
Government purchases
goods and services
Federal
State and local
of
137.1
146.0
140.4
142.7
144.8
146.6
149.9
152.2
136.4
137.6
145.2
146.6
140.4
140.3
142.3
142.9
143.6
145.7
145.2
147.6
149.5
150.2
151.5
152.6
134.8
134.4
134.7
134.5
143.1
142.6
142.7
142.9
137.4
137.1
137.1
137.1
139.8
139.4
139.4
139.0
142.2
141.8
141.9
141.6
143.9
143.4
143.6
143.7
146.1
145.7
145.5
145.5
148.3
148.0
147.7
147.5
Addenda:
Final sales
Gross domestic product
Business
Nonfann
-
1. Consists of the following industries: Banking; credit agencies other than banks; security
and commodity brokers, dealers, and services; insurance carriers; regulated investment
companies; small business investment companies; and real estate investment trusts.
NOTE —Table 18: The industry classification is on a company basis and is based on the
1972 Standard Industrial Classification.
SURVEY OF CURRENT BUSINESS
June 1978
1976
1977
IV
I
II
1976
1978
1977
1976
13
III
IV
I'
1976
1977
IV
Seasonally adjusted
Gross national product.. 133.88 141.29 136.35 138.13 140.52 142.19 144.23 146.68
Net national product
140.2
135.4
137.1
139.5
141.0
142.9
145.3
139.6
134.9
136.5
138.9
140.4
142.4
144.8
132.4
132.1
146.1
139.1
139.3
136.6
134.5
134.7
132.9
135.9
135.8
144.8
138.5
138.5
144.2
140.0
140.6
122.5
141.7
142.0
135.3
143.9
144.1
143.3
152.3
139.6
143.6
134.9
148.8
136.9
150.6
138.4
152. 4 157.0
139.7 143.3
163.3
145.3
134.1
141.6
136.6
138.3
140.8
142.3
144.7
147.1
133.5
140.9
136.1
137.7
140.1
141.6
144.2
146.5
133.6
133.8
128.7
140.6
141.1
127.4
135.9
136.5
118.4
137.3
137.4
133.9
139.9
140.2
129.8
141.5
142.5
110.5
143.7
144.0
135.3
145.9
146.2
136.9
Households and institutions. 139.6
Government
.
131.5
152.3
139.6
143.6
134.9
148.8
136.9
150.6
138.4
152.4
139.7
157.0
143.3
163.3
145.3
138.1
140.3
142.1
144.2
146.7
131.7
131.4
136.2
135.8
133.1
132.9
133.8
133.7
135.9
135.3
136.7
136.4
138.1
137.9
140.4
140.3
Durable goods
Final sales
Change in business inventories
129.0
128.8
134.5
134.1
131.9
131.7
132.6
132.4
133.9
133.2
135.0
134.6
136.5
136.3
137.9
137.0
Rest of the world..
Nondurable goods _
Final sales
Change in business in-
133.6
133.1
137.3
137.0
134.0
133.7
134.7
134.6
137.4
136.8
137.9
137.6
139.3
139.0
142.1
142.5
Domestic income..
Business
Nonfarm
Farm_
„_ .
Residual
Households and institutions- 139.6
Government
.. . 131.5
National income
143.1
158.8
137.1
149.1
139.6
153.6
141.9
157.1
144.3
159.8
I'
132.5
136.2
133.8
145.8
IV
133.0
Net domestic product
141.2
Services
Structures
III
Table 24.—Implicit Price Deflators for Net National Product and
National Income by Sector (7.7)
133.7
Final sales
Change in business inventories
-
II
Index numbers, 1972=100
Table 21.—Implicit Price Deflators for Gross National Product by
Major Type of Product (7.3)
Goods
I
1978
Seasonally adjusted
Index numbers, 1972=100
Final sales.
Change in business inventories
1977
146.4
164.3
149.0
167.0
Table 22.—Implicit Price Deflators for Gross National Product by
Sector (7.5)
Business
Nonfarm
Farm
._ .
Rest of the world..
Table 25.—Implicit Price Deflators for Auto Output (7.9)
Gross national product.. 133.88 141.29 136.35 138.13 140.52 142.19 144.23 146.68
Gross domestic product
133.4
140.8
135.9
137.6
140.0
141.7
143.8
146.2
133.5
Business
133.3
Nonfarcn
Nonfarm less housing... 134.6
Housing
_ _ 121.5
145.1
Farm
Residual...
Households and institutions. 139.6
140.5
140.6
141.9
129.6
140.5
135.8
135.9
137.3
123.9
136.2
137.3
137.1
138.4
126.5
145.6
139.8
139.7
141.0
128.6
145.6
141.5
142.0
143.3
130.6
130.5
143.4
143.6
144.8
132. 6
140.6
145.7
145.7
147.0
134.6
147.5
152.3
143.6
148.8
150.6
152.4
157.0
163.3
Government
Federal .
State and local
139.6
136.7
141.0
134.9
133.2
135.7
136.9
134.6
138.0
138.4
134.9
140.2
139.7
135.1
141.9
143.3
142.0
144.0
145.3
143.3
146.2
Rest of the world
.-
131.5
128.8
132.8
,
Table 23.—Implicit Price Deflators for the Relation of Gross
National Product, Net National Product, and National Income
(7.6)
Gross national product
Less: Capital consumption allowances with capital
consumption adjustment
1
133.88 141.29 136.35 138.13 140.52 142.19 144.23 146.68
142.1
151.8
145.3
147.6
149.3
153.2
156.5
159.0
Equals: Net national product _.
Less: Indirect business tax
and nontax liability
plus business transfer
payments less subsidies plus current surplus of government
enterprises
Residual
133.0
140.2
135.4
137.1
139.5
141.0
142.9
145.3
125.2
129.9
126.6
128.4
130.5
131.4
129.2
132.2
Equals: National income.
134.1
141.6
136.6
138.3
140.8
142.3
144.7
147.1
r
Auto output
Final sales..
Personal consumption expenditures
New autos
. . .
Net purchases of used
autos
Producers' durable equipment.
_
New autos
Net purchases of used
autos
Net exports
Exports
Imports
Government purchases of
goods and services . . _ .
Change in business inventories of new and used
autos . . .
Addenda:
Domestic
output of new
autos I
Sales of imported new autos 2
130.9
129.1
130.3
129.7
129.8
133.8
136.5
125.1
131.1
129.1
130.9
130.5
129.9
133.1
136.0
132.1
122.3
140.5
128.7
136.9
124.9
139.9
126.3
139.7
127.4
140.1
128.9
142.5
132.5
146.5
135.9
106.1
122.1
105.4
128.6
105.1
124.7
101.5
126.1
102.2
127.2
104.1
128.7
113.7
132.3
115.5
135.7
121.9
143.6
128.9
154.2
125.3
147.2
125.7
145.5
127.9
148.9
130.0
157.7
132.2
163.6
121.8
122.8
122.5
119.5
121.5
121.8
127.7
133.0
168.5
129.9
122.2
122.3
128.7
128.7
124.9
124.9
126.2
126.3
127.4
127.4
129.0
128.9
132.3
132.5
135.4
135.9
Table 26.—Implicit Price Deflators for Personal Consumption
Expenditures by Major Type of Product (7.11)
Personal consumption
expenditures
Durable goods
Motor vehicles and parts
Furniture and household
equipmentOther
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal...
Other
Revised.
1. Consists of final sales and change in business inventories of new autos produced in the
United States.
2. Consists of personal consumption expenditures, producers' durable equipment, and
government purchases.
NOTE.—Table SI: "Final sales" is classified as durable or nondurable by type of product. Services.
Change in business inventories" is classified as follows: For manufacturing, by the type of
Housing...
product produced by the establishment holding the inventory; for trade, by the type of prodHousehold operation
uct sold by the establishment holding the inventory; for construction, durable; and for other
Electricity and gas
industries, nondurable.
Other
Tables Z2 and %J>: The industry classification within the business sector is on an establish- Transportation..
ment basis and is based on the 1972 Standard Industrial Classification.
Other
125.5
133.2
140.6
135.6
137.9
139.8
141.7
143.2
124.7
130.1
127.2
129.3
129.5
130.0
131.3
133.6
129.1
136.9
133.6
136.1
135.9
136.8
138.9
142.3
120.9
122.1
124.1
125.8
121.8
123.9
123.9
125.1
124.4
126.1
125.1
127.2
126.2
129.0
137.7
144.0
139.3
123.1
124.8
141.5
143.8
144.9
145.9
149.2
141.2
117.9
164.4
212.1
131.9
147.0
122.5
173.9
239.7
139.3
141.5
119.6
170.0
218.8
134.3
143.9
121.1
170.7
230.4
136.6
147.2
121. 9
173.3
240.0
138.3
148.1
123.4
173.5
244.6
140.3
148.7
123.7
177.9
245.1
142.1
153.1
124.7
178.8
246.7
144.0
132.3
141.5
135.4
137.8
140.1
142.9
145.0
147.7
123.2
138.4
154.3
127.4
127.5
139.0
130.7
147.4
169.6
131.9
140.2
149.0
125.7
142.9
161.0
129.6
132.9
141.7
127.6
144.6
164.1
130.3
135.6
144.7
129.6
145.2
166.4
131.2
138.3
147.8
131.7
149.3
173.2
132.4
142.6
150.6
133.9
150.5
174.6
133.8
144.3
153.0
136.0
152.9
176.2
135.2
146.2
156.2
SURVEY OF CURRENT BUSINESS
14
1977
1976
1976
1977
IV
I
II
June 1978
1978
III
1976
IV
1976
1977
IV
Seasonally adjusted
Percent
Table 27.—Percent Change From Preceding Period in Gross National Product in Current and Constant Dollars, Implicit Price
Deflator, and Price Indexes (8.9)
Gross national product:
Current dollars .
1972 dollars
Implicit price deflator...
Chain Drice index
Fixed-weighted
price
index
Personal consumption expenditures:
Current dollars
1972 dollars
ImDlicit Drice deflator
Chain price index
Fixed-weighted price index..
Durable goods:
Current
dollars
1972 dollars
- -Implicit price deflator._.
Chain price index
_.
Fixed-weighted
price
index
Nondurable goods:
Current dollars
1972 dollars
Implicit price deflator. _.
Chain price index ._ _Fixed-weighted
price
index
Services:
Current
dollars
1072 dollars
Implicit price deflator._.
Chain price index
Fixed-weighted
price
index
Gross private domestic investment:
Current dollars
1972 dollars
Tmolictt Drice deflator
Chain Drice index
Fixed-weighted price index.
Fixed investment:
Current dollars
1972 dollars
Implicit price deflator. „
Chain price index
Fixed-weighted
price
index
Nonresidential:
Current dollars
1972 dollars
__.
Implicit price deflator._
Chain price index
Fixed-weighted
price
index
Structures:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price
index
_ _
Producers'
durable
equipment:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price
index
Residential:
Current dollars
1972 dollars
Implicit price deflator..
Chain price index.
Fixed-weighted
price
index
13.2
7.5
5.3
6.9
7.1
13.7
6.2
7.1
7.0
10.2
5.1
4.8
4.3
9.9
3.8
5.9
6.1
7.0
0
7.0
6.4
7.0
4.8
6.2
6.4
11.6
6.0
5.3
5.6
10.7
4.9
5.5
6.0
6.7
1.2
5.4
5.9
5.6
6.1
6.0
11.6
6.0
5.3
5.3
5.3
10.7
4.9
5.6
5.7
5.7
14.1
8.6
5.0
4.6
4.6
12.2
5.1
6.8
7.0
7.0
7.6
1.8
5.7
6.6
6.8
8.6
3.0
5.5
5.4
5.4
19.6
13.1
5.7
5.4
18.8
11.8
6.2
6.8
28.2
20.2
6.6
6.5
3.6
3.0
.6
1.9
-2.2
-3.9
1.7
1.8
5.6
13.1
8.4
4.3
4.5
4.6
6.7
6.3
2.2
2.0
4.8
8.1
8.2
4.6
8.6
3.8
6.8
.3
6.4
3.0
3.6
4.6
4.8
7.0
.3
3.4
3.4
13.3
10.2
2.8
2.4
-5.4
9.5
8.0
3.4
4.7
2.4
6.7
12.4
11.9
13.3
12.0
4.9
4.6
7.1
7.1
7.0
7.0
6.7
5.9
7.3
7.4
6.8
7.5
8.5
8.1
7.2
7.0
6.0
7.5
7.5
8.2
20.9 -16.1
13.0 -20.9
55.5
48.4
38.6
24.3
28.7
22.2
6.2
6.7
6.6
4.4
6.5
7.4
7.5
3.2
3.6
15.9
12.9
2.6
2.9
3.6
2.9
8.1
9.6
2.7
14.3
10.5
15.4
5.4
4.3
7.3
6.0
6.1
7.6
7.0
6.2
7.1
4.1
12.4
7 5 -6.4
18.6
14.3
8.1
1.5
10.2
6.9
10.2
6.8
6.7
1.8
4.8
6.0
24.5
19.0
4.6
5.1
12.8
7.0
5.4
6.7
11.6
3.9
7.4
6.2
13.4
4.0
9.0
8.3
11.5
6.0
6.2
7.1
6.0
7.5
7.5
6.3
24.0
14.7
8.1
8.6
10.8
7.3
3.3
4.8
12.7
4.6
7.7
5.5
6.0
8.2
7.3
8.6
3.6
4.8
5.5
14.3
8.6
5.3
5.8
6.1
10.2
3.5
6.4
6.1
2.2
3.3
3.1
20.4 - 5 . 2
15.7 -11.5
4.0
7.2
4.4
8.0
8.1
5.6
6.0
5.6
2.2
5.2
5.1
-3.5
10.2
8.1
11.2
10.5
6.1
5.2
8.4
6.5
6.6
4.1
7.1
6.9
7.2
11.0
3.8
7.0
7.0
6.9
8.3
2.8
7.6
20.2
24.4
14.7
8.4
9.0
5.4
7.5
-.9
8.4
7.5
10.3
25
7.6
7.0
21.3
13.8
6.6
7.1
8.6
14.0
9.3
4.3
4.6
4.6
25.7
16.8
7.6
7.8
8.3
20.0
11.7
7.5
7.7
14.7
4.2
I
II
1978
III
IV
I'
Seasonally adjusted
Percent at annual rate
Percent
1977
5.1
7.6
11.8
4.2
10.2
5.8
6.8
10.9
16.5
5.0
5.6
1.6
6.2
4.6
6.4
30.5
34.7
3.3
3.5
3.9
3.6
5.7
2.5
12.0
9.3
6.9
3.8
13.7
9.6
9.7
4.2
7.1
6.1
6.5
4.8
6.3
7.1
9.0
7.4
32.2
23.2
7.3
7.3
33.7
19 2
12.2
12.2
63.3
48 8
9.7
9.7
24.2
5.4
17.9
17.9
57.9
42.6
10.8
10.5
7.7
— 7
8.5
8.7
35.0
17.6
14.8
15.1
1.8
-3.9
5.9
0.0
7.3
12.1
9.7
17.8
10.5
8.7
15.0
G.I
7.2
6.9
Percent at annual rate
Table 27.—Percent Change From Preceding Period in Gross National Product in Current and Constant Dollars, Implicit Price
Deflator, and Price Indexes—Con.
Exports:
Current dollars
1972 dollars.
Implicit price deflator
Chain price index
Fixed-weighted price index..
3.6
3.1
7.3
1.8
5.4
5.3
5.5
.3
-4.2
4.7
5.5
5.4
4.4
.0
4.4
3.2
3.9
19.3
7.0
11.5
11.2
11.2
4.1
5.5
-1.3
-.3
-.1
-19.0
•18.7
-.4
.3
.3
25.1
15.3
8.5
7.3
7.0
Imports:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
22.2
18.4
3.2
2.9
2.5
19.7
10.2
8.6
7.2
7.5
13.0
11.0
1.9
4.1
4.0
35.4
16.5
16.2
6.9
8.3
22.1
13.9
7.2
7.4
8.8
-G. 7
6.4
10.3
8.3
3.1
5.9
-2.6
3.5
4.2
36.7
26.6
8.0
14.2
15.2
Government purchases of
goods and services:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
6.6
.5
6.0
6.1
5.8
9.3
2.5
6.6
6.5
6.5
7.9
.0
8.0
8.4
8.6
5.4
-1.9
7.4
7.0
6.8
17.9
10.6
6.6
6.2
6.1
11.0
6.1
4.6
4.2
5.1
13.5
4.3
8.7
9.2
9.2
2.8
-3.8
Federal:
Current dollars
1972 dollars
Implicit price deflator...
Chain price index
Fixed-weighted price index
5.5
-.2
5.7
5.9
11.8
5.0
6.4
6.2
12.6
1.6
10.8
12.3
6.6
6.9
5.6
23.3
18.2
4.3
3.3
12.9
8.9
3.6
2.5
16.3
3.4
12.6
14.0
-2.6
-9.1
7.2
5.6
5.6
6.4
12.8
5.6
3.4
4.5
12.5
5.8
State and local:
Current dollars
1972 dollars
Implicit price deflator._.
Chain price index
Fixed-weighted price index
-.
7.2
1.0
6.2
6.1
7.9
1.1
6.8
6.7
5.4
-1.0
6.4
6.3
4.7
-2.8
7.7
7.9
14.9
6.3
8.1
7.9
9.9
4.4
5.3
5.2
11.8
4.9
6.5
6.5
6.1
-.4
6.5
6.8
5.8
6.6
5.9
7.7
7.9
5.5
7.0
6.8
Final sales:
Current dollars
1972 dollars
Implicit price deflator._.
Chain price index
Fixed-weighted price index
9.9
4.5
5.2
5.6
10.5
4.7
5.6
6.0
12.4
6.3
5.8
5.9
9.6
3.8
5.6
11.9
5.1
6.5
7.0
9.9
4.4
5.3
4.3
12.4
6.1
6.0
6.1
5.5
-1.7
7.3
6.5
5.6
6.1
6.0
7.1
7.0
4.9
6.2
6.5
Gross domestic product:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index.
11.4
5.9
5.2
5.6
5.6
10.7
4.9
5.5
5.9
6.1
6.9
1.3
5.5
6.0
6.1
12.6
7.2
5.0
6.7
7.0
13.6
6.1
7.1
7.0
7.0
10.5
5.3
4.9
4.3
4.8
10.7
4.3
6.1
6.2
6.3
6.6
2
6! 8
6.4
6.4
Business:
Current dollars
1972 dollars
Implicit price deflator..
Chain price index
Fixed-weighted price in-
12.0
6.7
4.9
5.4
11.0
5.5
5.3
5.8
6.2
1.3
4.9
5.4
13.3
8.4
4.5
6.5
14.9
6.9
7.5
7.5
10.9
5.6
5.1
4.3
10.1
4.6
5.3
5.4
6.1
-.5
6.6
6.2
5.4
6.0
5.5
6.8
7.5
5.0
5.4
6.2
Nonfarm:
Current dollars
...
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price
index
12.7
7.1
5.2
5.5
11.7
5.8
5.5
6.0
7.0
1.4
5.5
6.5
13.1
9.0
3.7
5.5
16.*
7.8
7.5
11.7
4.8
6.7
5.6
10.4
5.6
4.5
4.4
6.4
.2
6.2
5.7
5.6
6.2
6.7
5.8
7.5
6.2
4.9
5.5
9.4
3.8
10.4
4.6
10.2
4.9
10.1
3.1
13.4
7.3
10.0
4.3
14.2
9.5
10.3
1.7
10.6
6.5
6.3
6.4
Addenda:
Disposable personal income:
Current dollars
1972 dollars
f Revised.
NOTE.—Table 27: The implicit price deflator for GNP is a weighted average
of the detailed price indexes used in the deflation of GNP. In each period, the
weights are based on the composition of constant-dollar output in that period.
In other words, the price index for each item is weighted by the ratio of the
quantity of the item valued in 1972 prices to the total output in 1972 prices.
Changes in the implicit price deflator reflect both changes in prices and changes
in the composition of output. The chain price index uses as weights the composition of output in the prior period, and, therefore, reflects only the change in
prices between the two periods. However, comparisons of percent changes in
the chain index also reflect changes in the composition of output. The fl^eaweighted price index uses as weights the composition of output in 1972.
Accordingly, comparisons over any timespan reflect only changes in prices.
Revised Quarterly State Personal Income,
1969-77
iSTIMATES of quarterly State personal income for 1969-77 have been
revised to reflect the changes in annual
State personal income that were made
to incorporate the 1976 benchmark revisions in the national income and product accounts. The benchmark revisions
were discussed in Part I of the January
1976
SURVEY OF CURRENT BUSINESS.
The changes in annual State personal
income were discussed in the August
1977 SURVEY. Revised estimates of
quarterly State personal income for
1958-68 will be available later this year.
The quarterly estimates of State personal income in this report were prepared using two separate methods. The
following is a summary of these
methods.
The first method was used to prepare
the estimates for 1969-76. These estimates are derived by allocating the
annual totals of the various income
components in each State to the quarters of the year by means of seasonally
adjusted allocating series. The estimates
are controlled to national quarterly
totals for each component.
The main data source used in allocating annual totals to quarters is the
wage and salary information obtained
from State unemployment insurance
programs (ES-202). For each State,
quarterly wages and salaries by industry division are seasonally adjusted
and then used to allocate the annual
industry wage and salary totals among
quarters. Wage and salary disbursements estimated in this way account
for an average of 54 percent of total
personal income in each State.
Income components that account for
another 14 percent are allocated using
data somewhat less suited to quarterly
income estimation. In this category are:
Unemployment insurance benefits, railroad payrolls, military payrolls, State
and local government payrolls, farm
proprietors' income, other labor income, and personal contributions for
social insurance. For the first four
components, data directly measuring
the quarterly distribution in each State
are seasonally adjusted and then used
as allocators. Seasonally adjusted cash
receipts from farm marketings are used
to allocate annual State estimates of
farm proprietors' income, and the
seasonally adjusted quarterly wage and
salary series are used to allocate other
labor income and personal contributions
for social insurance.
The remaining components—nonfarm proprietors' income; dividends,
personal interest income, and rental
income of persons; and most transfer
payments—together account for 32
percent of total income. They are
estimated by allocating annual State
estimates to the quarters by the national quarterly pattern for each component.
The second method was used to prepare the estimates for 1977. These estimates are obtained by extrapolating
the estimates for the fourth quarter of
1976. These extrapolators are generally
the same as the allocating series used
in the first method, with a major
exception. Wages and salaries for the
third and fourth quarters of 1977 were
estimated from Bureau of Labor Statistics (BLS) data on State employment
and earnings obtained from BLS' 790
program; use of earnings information
from that program is confined to
durable and nondurable manufacturing.
The estimates for each component are
controlled to national totals.
There is no unadjusted counterpart
to the seasonally adjusted series, because most of the national series
required for the regional estimates are
available only on a seasonally aj dusted
basis.
State personal income estimates are
available on the following schedule:
Preliminary quarterly estimates are
available 4 months after the close of
each quarter, that is, in the July,
October, January, and April issues of
the
SURVEY OF CURRENT BUSINESS;
preliminary annual estimates derived
by summing four quarterly estimates,
which include changes resulting from
the reconciliation of the State and
county data, are in the April SURVEY;
revised annual estimates are in the
August SURVEY; and quarterly estimates incorporating the revised annual,
totals are in the October SURVEY.
NOTE.—The quarterly estimates of State
personal income were prepared by Robert L.
Brown and Robert M. Lipovsky with the aid
of Q. Francis Dallavalle and Frances Actie
under the supervision of Lowell D. Ashby
and Kenneth P. Berkman.
15
SUKVEY OF CURRENT BUSINESS
16
June 1978
Table 1.—Total Personal Income,
[Millions of dollars, seasonally
State and region
Line
1976
1969
1977
II
United States....
1970
III
IV
II
1971
III
IV
II
1972
III
IV
II
III
IV
1,372,833 I,526,457 14,575 731,175 746,914 760,268 771,599 792,441 801,468 808,432 827,995 847,514 857,893 874,406 905,
,060 920,203 941 186 975,403
New England.
80,358
88,652 45,452 46,478 47,380 48,172 49,144 50,303 50,951 51,275 51,847 52,767 53,623 54,079 55,771 56,804 57,716 59,623
Connecticut _
Maine
Massachusetts
New Hampshire
Rhode Island...
Vermont.
Mideast
22,916
5,751
38,315
4,921
5,877
2,579
25,344
6,302
42,105
5,572
6,477
2,854
Delaware
District of Columbia.
Maryland
New Jersey
New York
PennsylvaniaGreat Lakes
Illinois
Indiana—
Michigan
Ohio.
Wisconsin-
'.
Plains
Iowa
Kansas
Minnesota.
Missouri..
Nebraska
North Dakota
South Dakota.
Southeast
Alabama
Arkansas
Florida.
Georgia
Kentucky.
Louisiana..
Mississippi _
North Carolina
South Carolina
Tennessee.
Virginia.
West Virginia
Southwest
13,557 13,815 14,052 14,280 14,498 14,781 14,939 14,990 15,058 15,306 15,474 15,539 16,025 16,319 16,546 17,095
2,867 2,951 3,008 3,059 3,144 3,236 3,268 3,311 3,332 3,403 3,476 3,529 3,622 3,692 3,762 3,909
21,881 22,388 22,873 23,242 23,723 24,344 24,665 24,835 25,201 25,653 26,030 26,229 27,078 27,573 28,024 28,853
2,480 2,535 2,587 2,637 2,692 2,759 2,781 2,810 2,840 2,915 2,999 3,036 3,135 3,201 3,299 3,410
3,294 3,380 3,421 3,487 3,581 3,649 3,754 3,761 3,818 3,863 3,991 4,047 4,185 4,242 4,264 4,475
1,374 1,409 1,439 1,468 1,505 1,534 1,545 1,570 1,598 1,626 1,654 1,699 1,727 1,777 1,821 1,881
295,967
323,605 167,844 171,404 174,640 178,112 180,740 186,176 188,712 190,027 194,185 198,435 200,467 201,934 208,696208,741 216,378 222,593
4,099
5,671
28,909
54,325
126,534
76,430
4,491
6,141
31,358
59,999
137,401
84,216
272,826
303,686 [51,040 153,970 156,865 159,007 160,098 162,814 165,164165,026 169,694 174,674176,263 180,201 184,535 188,722 191,578198,490
81,509
33,031
61,515
68,515
28,256
102,549
17,904
14,937
24,521
28,465
9,461
3,748
3,512
265,980
18,699
10,395
50, 698
27,581
18,454
20,766
10,663
29,783
14,691
22,566
31,693
9,991
112,607
87,568
37.227
70,504
76,826
31,561
2,246
3,187
14,770
29,831
76,452
41,358
45,311
18,032
33, 931
38,802
14,965
2,262
3,244
15,216
30,627
77,689
42,366
46,288
18,454
34,434
39,547
15,247
2,334
3,330
15,651
31,228
78,938
43,158
47,096
18,808
35,141
40,299
15,520
2,377
3,444
16,042
32,035
80,330
43,885
47,619
18,995
35,702
40,971
15,721
2,404 2,471 2,466 2,496 2,595
3,363 3,561 3,534 3,565 3,709
16,231 16,909 16,968 17,115 17,765
32,459 33,561 34,171 34,530 35,244
81,700
85,238 85,752 87,617
44,583 45,788 46,335 46,570 47,255
48,449
18,972
35,244
41,345
16,088
48,930
19,243
36,307
41,983
16,350
49,964
19,505
36,523
42,606
16,566
50,504
19,474
35,745
42,599
16,704
51,245
20,080
38,065
43,309
16,995
2,639 2,661 2,712 2,806 2,873
3,793 3,859 3,859 4,032 4,044
18,071 18,311 18,575 19,492 19,757
35,997 36,699 36,785 37,822 38,577
89,579 90,057 90,552 93,258 93,250
48,355
49,451 51,287 50,239
52,875
20,778
38,998
44,526
17,497
53,496
20,917
39,355
44,746
17,749
54,505
21,542
40,345
45,626
18,183
55,296
22,013
41,932
46,728
18,566
56,438
22,474
42,909
47,839
19,061
2,920
4,110
20,251
39,249
95,638
54,211
56,986
22,871
43,666
48,737
19,318
2,998
4,276
20,786
40,469
98,235
55,829
58,992
23,776
45,220
50,431
20,070
116,271 53,750 54,787 56,155 57,325 58,555 59,678 60,203 60,713 62,260 63,511 64,017 65,724 67,877 69,728 70,881 74,781
20,538 9,296 9,555 9,799 9,959 10,195 10,329 10,300 10,397 10,532 10,721 10,735 11,107 11,524
16,398 7,509 7,653 7,841 8,029 8,165 8,365 8,454 8,512 8,796 9,010 9,042 9,330 9,709
28,172 12,941 13,170 13,474 13,847 14,264 14,554 14,699 14,768 15,082 15,313 15,489 15,774 16.214
32,088 15,475 15,632 16,038 16,296 16,658 17,022 17,320 17,476 17,921 18,295 18,454 18,780 19,135
10,598 4,895 5,051 5,187 5,315 5,356 5,434 5,461 5,516 5,684 5,819 5,889 6,066 6,386
3,968 1,743 1,828 1,873 1,877 1,896 1,876 1,896 1,949 2,052 2,129 2,142 2,311 2,450
2,074 2,094 2,193 2,223 2,266 2,356 2,460
4,510 1,891 1,898 1,943 2,002 2,022 2,f
11,913
10,051
16,564
19,713
6,549
2,393
2,545
11,935
10,130
16,840
19,923
6,650
2,795
2,608
12,865
10,477
17,859
20,720
6,967
3,067
2,826
298,420 124,738 128,013 131,484 133,816 136,150140,778 142,296 144,997 148,850 152,918 156,129 160,061167,099 171,090175,485 183,020
20,968
11,931
57.228
30.669
20,836
23,195
11,998
33,239
16,365
25,371
35,550
11,072
8,930
4,812
21,767
13,489
8,927
10,004
5,057
14,460
6,775
10,891
15,014
4,610
9,185
4,860
22,453
13,902
9,105
10,166
5,108
14,917
6,988
11,121
15,467
4,741
9,401
4,956
23,243
14,343
9,274
10,402
5,196
15,340
7,179
11,321
16,011
4,816
9,573
5,030
23,832
14,630
9,374
10,529
5,306
15,524
7,303
11,507
16,265
4,942
9,690
5,132
24,295
14,745
9,571
10,654
5,390
15,925
7,450
11,678
16,524
5,095
9,971
5,368
25,258
15,211
9,893
11,017
5,661
16,297
7,666
12,034
17,148
5,253
10,074
5,463
25,600
15,216
10,092
11,134
5,728
16,415
7,685
12,252
17,287
5,350
10,176
5,582
26,116
15,621
10,195
11,331
5,848
16,631
7,871
12,516
17,580
5,530
10,524
5,692
26,934
15,971
10,452
11,633
6,039
17,039
8,062
12,798
18,088
5,618
10,793
5,789
27,859
16,472
10,663
11.834
6,106
17,464
8,332
13,181
18,652
5,775
11,012
5,902
28,718
16,802
10,793
11,975
6,260
17,995
8,490
13,366
18,911
5,903
11,237
6,133
29,852
17,223
11,070
12,213
6,456
18,336
8,646
13,784
19,295
5,814
11,731
6,346
31,178
18,007
11,439
12,517
6,743
19,247
9,085
14,308
20,272
6,226
11,903
6,492
32, 268
18,387
11,693
12,898
6,944
19,672
9,255
14,725
20,560
6,294
12,107
6,657
33,229
18,964
11,936
13,164
7,131
20,086
9,553
15,088
21,060
6,509
12,585
6,949
35,180
19,701
12,495
13,581
7,410
20,855
9,91'
15, 751
21,873
6,726
126,369 50,547 51,881 53,376 54,421 55,431 57,634 58,124 59,166 60,499 61,686 62,353 64,302 67,035 68,479 70,082 72,849
Arizona—.
New Mexico.
Oklahoma
Texas
13,165
6,220
15,791
77,432
14,821 5,442 5,653 5,851
6,995 2,773 2,815 2,886
17,801 7,470 7,695 7,913
86,752 34,861 35,718 36, 727
Rocky Mountain
34,766
38,601 15,515 15,951 16,344 16,687 17,226 17,748 18,036 18,319 18,968 19,452 19,642 20,302 21,319 21,903 22,524 23,584
16,633
4,690
4,284
6,569
2,590
18,390
5,142
4,648
7,403
3,018
Colorado
Idaho..
Montana
Utah
Wyoming.
Far West
California.Nevada
Oregon. _
Washington
Alaska..
Hawaii
7,364
2,026
2,100
2,952
1,074
7,559
2,105
2,138
3,034
1,115
7,735
2,139
2,221
3,112
1,137
6,059 6,239 6,461 6,524
2,929 3,002 3,125 3,142
8,057 8,209 8,569 8,678
37,376 37,981 39,479 39,780
7,933
2,192
2,241
3,163
1,159
8,226
2,267
2,294
3,253
1,187
8,463
2,317
2,381
3,359
1,228
8,647
2,340
2,398
3,412
1,238
6,728 6,985 7,272 7,462 7,i
8,176 8,362 8,659 8,98:
3,194 3,313 3,417 3,456 3,550 3,745 3,795 3,868 4,021
8,840 8,897 9,084 9,104 9,404 9,783 9,977 10,173 10,519
40,404 41,303 41,912 42,331 43,512 45,331 46,344 47,381 49,322
2,380
2,396
3,485
1,250
9,153
2,472
2,445
3,620
1,278
2,502
2,460
3,711
1,292
9,580
2,514
2,464
3,769
1,316
9,872 10, 319
2,616 2,779
2,575 2,727
3,888 4,053
1,350 1,442
10,588 10,942 11,466
2,882 2,961 3,093
2,860 2,901 3,052
4,106 4,197 4,381
1,523 1,591
1
197,608
220,113 101,605 104,451 106,234 108,113 109,533112,343 113,013 113,885116,504 118,782 120,056 122,364 127,111 129,043 130,705 134,378
153,901
4,366
14,590
24,751
171,582 80,130 82,282 83,699 85,204 86,444 88,693 89,183 89,892 91,923 93, 718
5,040 1,921 2,013 2,081 2,150 2,206 2,261 2,256 2,319 2,393 2,467
7,878 8,138 8,355
16,365 6,916 7,134 7,275 7,353 7,510 7,693
27,126 12,638 13,023 13,180 13,405 13,373 13,696 13', 766 13,796 14,050 14,242
3,975
6,198
3,967 1,160
6,774 2,924
1,227
3,012
1,268
3,168
1,324
3,290
1,364
3,360
1,447
3,521
1,406
3,562
1,431
3,593
1,504
3,684
1,539
3,751
94,715 96,459 100,383 101,565 102,814 105,391
2,504 2,541 2,664 2,741 2,786 2,887
8,493 8,733 9,083 9,341 9,529 9,916
14,344 14,631 14,982 15,396 15,576 16,183
1,567
3,777
1,620
3,819
1,647
3,970
1,
4,054
1,712
4,126
1,796
4,291
Census regions
New England
Middle Atlantic...
East North CentralWest North Central
South Atlantic
East South Central.
West South Central
Mountain. . . .
Pacific
80,358 88,652 45,452 46,478 47,380 48,172 49,144 50,303 50,951 51,275 51,847 52,767 53,623 54,07! 55,771, 56,804 57,716 59,623
257,288 281,615 147,641150,682 153,325 156,250 160,
158,742 163,234 165,744 166,852 170,116 173,932 175,637176,788 182,367182,066 189,097194,533
272,826 303,686 151,040 153,970 156,865 159,007
098 162,814 165,164165,026 169,
""' 176,263 180,201184,535 188,722 191,578 198,490
174,674
102,549 116,271 53,750 54,787 56,155 57,325 58,555 59,678 60,203 60,713 62,260 63,511 64,017 65,724 67,877 i9,728 70,881 74,781
203,114 226, 111 96,319 99,190 102,248 104,360 106,033 109,774 110,521112,524 115,781119,057 121,650 124,3121130,345 133, 111136,683 142,309
70,383 79,172 33,806 34,519 35,193 35,760 36,329 37,559 38,147 38, 735 39,813 40,742 41,432 42,548; 44,220 45,264 46,262 48,242
124,384 139,678 57,147 58,439 59,998 60,992 61,976 64,433 65,055 66,157 67,526 68,620 69,312 71,263 73,976 75,711 77,376 80,371
58,516 65,457 25,651 26,432 27,161 27,825 28,673 29,595 29,958 30,560 31,659 32,608 33,064| 34,228 35,904 36,801 37,837 39,478
203,414 225,814103,71 106,678 108,590 110,576 112,050 115,050 115,725 116,589 119,3001121,604 122,896J125,262 130,065J131,995 133,757 137,578,
SURVEY OF CURRENT BUSINESS
June 1978
17
States and Regions
adjusted at annual rates]
1975
1974
1973
1976
1977
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
1,004,828 1,031,131 1,056,936 1,087,496 1,102,054 1,132,929 1,166,781 1,187,265 1,198,577 1,228,274 1,262,845 1,296,307 1,329,629 1,357,324 1,383,572 1,420,807 1,466,421 1,507,029 1,539,620 1,592,758
1
60,854
62,235
63,282
64,678
65,947
67,821
69,422
70,611
71,276
17,480
4,027
29,383
3,524
4,531
1,908
17,901
4,171
29,967
3,613
4,636
1,946
18,234
4,299
30,383
3,694
4,691
1,980
18,690
4,476
30,973
3,813
4,699
2,026
18,979
4,555
31,661
3,916
4,791
2,045
19,544
4,686
32,522
4,025
4,915
2,130
19,976
4,778
33,339
4,111
5,036
2,183
20,381
4,840
33,895
4,186
5,098
2,211
20,601 20,873 21,158 21,793
4,847 4,92£ 5,098 5,276
34,212 34,781 35,513 36,355
4,205 4,320 4,446 4,592
5,179 5,295 5,387 5,513
2,230 2,274 2,332 2,420
225,362
229,270
233,119
238,752
242,611
250,404
256,786
261,626
264,599 269,421 275,101 281,109 287,632 292,291 299,222 304,724 312,165 318,965 327,469 335,820
9
3,088
4,259
21,487
41,339
99,008
56,182
3,186
4,321
21,942
42,086
100,408
57,327
3,280
4,431
22,510
42,775
101,721
58,401
3,380
4,518
23,040
43,910
103,977
59,927
3,348
4,512
23,431
44,608
105,570
61,143
3,459
4,675
23,985
46,072
109,057
63,156
3,605
4,839
24,615
46,908
111,737
65,083
3,626
4,990
25,305
47,695
113,540
66,469
3,662 3,701
3,791 3,892 3,930 4,107 4,109 4,249 4,238 4,436 4,538 4,750
4,919 5,106
5,245 5,390 5,520 5,591
5,707 5,865 5,906 6,119
6,147
6,394
25,378 25,883 26,582 27,431 28,134 28,660 29,199 29,642 30,168 31,208 31,568 32,486
48,350 49,101 50,202 51,379 52,651 53,567 54,986 56,095 57,957 59,190 60,729 62,118
115,007 116,954 118,786 120,798 123,417 124,789 127,937 129,993 133,129 134,999 139,000 142,476
67,282 68,676 70,496 72,220 73,980 75,577 77,283 78,880 80,767 83,013 85,487 87,597
10
11
12
13
14
15
205,779
210,431
214,804
220,166
222,373
227,449
235,153
238,458
238,162 243,434 250,918 257,423 264,423 271,443 274,587 280,851 290,413 300,097 306,592 317,642
16
60,975
25,056
47,108
51,934
20,706
62,626
25,734
48,114
52,756
21,200
64,062
26,320
48,752
53,929
21,742
65,632
26,976
49,878
55,132
22,548
66,802
26,878
49,904
56,079
22,710
68,054
27,304
50,962
57,671
23,458
70,384
28,241
53,063
59,437
24,029
72,198
28,637
52,832
60,335
24,455
72,668
28,424
52,320
60,096
24,653
74,765
29,001
53,479
60,945
25,243
76,880
30,224
55,247
62,506
26,061
78,830
30,953
56,751
64,173
26,716
87,659 89,907
37,697 38,977
71,371 74,986
78,350 80,865
31,514 32,908
17
18
19
20
21
78,972
82,356
85,565
88,113
86,948
86,755
87,965
89,272
89,869
93,906
97,672
99,435 100,320 102,235 102,453 105,188 110,802 114,382 116,665 123,235
22
13,753
10,982
18,755
21,630
7,450
3,352
3,051
14,547
11,322
19,534
22,066
7,739
3,842
3,307
15,351
11,960
20,344
22,594
7,987
3,921
3,408
15,477
12,429
20,926
23,091
8,241
4,252
3,697
15,019
12,222
20,902
23,347
7,891
4,147
3,421
14,898
12,260
21,165
23,586
7,809
3,819
3,218
15,342
12,536
21,297
24,119
8,070
3,424
3,176
15,608
12,877
21,318
24,523
8,251
3,558
3,138
15,685 16,556
12,954 13,401
21,607 22,307
24,673 25,573
8,320 8,985
3,457 3,727
3,173 3,357
189,197
194,452
200,876
207,611
211,585
218,337
224,877
228,000
13,027
7,289
36,463
20,253
12,928
13,919
7,732
21,568
10,230
16,291
22,612
6,885
13,429
7,662
37,808
20,815
13,087
14,218
7,864
22,198
10,540
16,702
23,166
6,963
13,809
7,937
39,364
21,440
13,485
14,929
8,070
22,744
10,864
17,213
23,821
7,200
14,288
8,255
40,556
22,137
13,934
15,354
8,393
23,773
11,330
17,720
24,523
7,348
14,464
8,484
41,370
22,417
14,334
15,601
8,472
24,195
11,753
17,976
25,001
7,518
14,935
8,769
42,851
22,977
14,998
16,160
8,779
24,664
12,068
18,498
25,832
7,806
15,432
9,025
44,133
23,546
15,501
16, 792
9,040
25,228
12,450
19,022
26,615
8,091
15,693
9,048
44,589
23,815
15,813
17,260
9,004
25,330
12,627
19,279
27,371
8,170
15,922 16,348 17,026 17,517
9,099 9,317 9,772 9,823
45,020 45,935 46,750 47,575
23,735 24,395 24,987 25,946
15,840 16,305 16,765 17,186
17,682 18,162 18,640 19,253
9,064 9,301
9,582 9,903
25,398 26,425 27,290 28,337
12,532 12,950 13,255 13,799
19,317 19,816 20,418 21,034
27,601 28,262 29,068 29,834
8,561
8,758 8,970 9,330
75,518
78,342
81,222
84,148
85,287
88,058
91,305
93,357
9,342
4,138
10,943
51,095
9,721
4,232
11,384
53,004
10,021
4,384
11,897
54,919
10,381
4,543
12,262
56,961
10,562
4,604
12,391
57,731
10,977
4,763
12,725
59,593
11,294
4,952
13,179
61,879
11,431
5,056
13,427
63,443
24,521
25,673
26,344
27,375
27,759
28,366
29,247
11,914
3,230
3,180
4,515
1,682
12,346
3,386
3,524
4,642
1,775
12,658
3,551
3,489
4,811
1,835
13,127
3,686
3,670
4,956
1,936
13,272
3,891
3,623
5,005
1,968
13,624
3,949
3,600
5,183
2,010
14,069
4,073
3,689
5,360
2,057
72,472
73,935
75,948
77,650
79,108
81,523
83,153
85,515
87,261
89,767
92,066
2
22,117 22,575 23,250 23,722 24,504 24,972
5,468 5,647 5,858 6,031
6,085 6,210
37,158 37,752 38,824 39,526 40,616 41,490
4,730 4,824 5,000 5,129 5,303 5,436
5,695 5,770 5,978 6,065 6,270 6,341
2,482 2,540 2,613 2,680 2,737 2,812
25,707
6,355
42,611
5,646
6,565
2,884
26,191
6,557
43,702
5,903
6,732
2,982
3
4
5
6
7
8
79,811
31,889
59,200
66,160
27,364
17,224 17,642 17,619
13,920 14,167 14,540
23,002 23,515 23,817
26,527 27,122 27,653
9,442 9,527 9,399
4,020 3,886 3,781
3,538 3,576 3,511
81,555
32,900
61,147
67,819
28,021
17,979
14,830
24,408
28,183
9,525
3,778
3,532
82,068
33,176
61,849
69,043
28,452
17,818
14,883
24,669
28,590
9,367
3,657
3,468
82,600
34,161
63,867
71,037
29,187
85,385 87,323
35,373 36,859
66,619 69,040
72,538 75,551
30,498 31,324
18,197 19,668 20,356 20,473
15,497 15,782 16,121 16,312
25,194 26,814 27,793 28,307
29,434 30,373 31,471 32,652
9,551 10,220 10,480 10,491
3,776 3,884 3,864 3,846
3,538 4,061
4,299 4,583
21,655
17,377
29,772
33,856
11,203
4,277
5,096
23
24
25
26
27
28
29
229,769 235,977 242,523 249,535 257,450 262,538 267,360 276,572 285,225 294,121 302,154 312,179
30
18,128
10,147
49,306
26,614
17,781
20,015
10,260
28,790
14,251
21,858
30,661
9,639
18,410 18,771 19,489 20, Oil
10,322 10,345 10,767 11,295
49,986 50,628 52,875 54,584
27,276 27,807 28,626 29,363
18,217 18,635 19,186 19,782
20,559 20,844 21,646 22,431
10,619 10,684 11,088 11,433
29,274 30,112 30,954 31,985
14,501 14,859 15,154 15,740
22,319 22,719 23,368 24,213
31,209 31,955 32,946 33,759
9,848 10,002 10,475 10,627
20,641
11,683
56,090
30,273
20,556
23,121
11,763
32,872
16,120
24,933
34,936
11,134
21,356
12,164
58,086
31,127
20,982
23,147
12,131
33,592
16,530
25,610
36,210
11,218
21,863
12,581
60,149
31,913
22,023
24,081
12,666
34,507
17,070
26,726
37,293
11,307
31
32
33
34
35
36
37
38
39
40
41
42
95,271
97,985 101,643 104,903 108,351 110,805 113,399 117,872 121,409 125,116 126,699 132,251
43
11,418
5,231
13,649
64,973
11,597
5,415
14,000
66,973
11,977
5,647
14,508
69,510
12,295
5,818
14,836
71,953
12,635
5,998
15,270
74,448
13,013
6,123
15,544
76,124
13,226
6,243
15,850
78,080
13,785
6,515
16,501
81,072
14,242
6,733
17,113
83,321
14,727
6,909
17,552
85,928
14,871
7,028
17,855
86,944
15,442
7,311
18,685
90,813
44
45
46
47
29,794
29,969
30,887
31,913
32,879
33,632
34,085
35,010
36,337
37,151
38,262
38,593
40,396
48
14,315
4,091
3,753
5,486
2,150
14,368
4,047
3,783
5,584
2,187
14,860
4,151
3,927
5,719
2,232
15,342
4,226
4,122
5,920
2,303
15,791
4,378
4,239
6,081
2,389
16,125
4,506
4,214
6,309
2,479
16,433
4,358
4,284
6,472
2,538
16,658
4,885
4,231
6,629
2,607
17,314
5,012
4,408
6,867
2,736
17,780
5,009
4,405
7,124
2,833
18,296
5,100
4,545
7,338
2,982
18,355
5,109
4,646
7,430
3,053
19,127
5,349
4,996
7,719
3,204
49
50
51
52
53
138,281
141,852
145,017
149,715
152,454
158,341
164,233
167,990
171,111 175,258 179,792 185,353 190,445 194,750 199,576 205,658 213,018 218,106 221,057 228,269
54
108,248
2,989
10,305
16,740
111,030
3,087
10,583
17,152
113,339
3,183
10,774
17,721
116,840
3,313
11,219
18,343
119,100
3,341
11,410
18,604
123,782
3,444
11,843
19,272
128,342
3,518
12,240
20,134
131,026
3,616
12,426
20,922
133,544 136,534 140,093 144,391 148,194 151,579 155, 463 160, 368 165, 872 170,160 172,476 177,819
3,731
3,835 3,926 4,069 4,191
4,293 4,401
4,576 4,815
4,955 5,077 5,313
12,455 12,792 13,216 13,569 14,058 14,379 14,665 15,257 15,865 16,195 16,341 17,061
21,381 22,097 22,558 23,324 24,002 24,500 25,047 25,457 26,466 26,796 27,164 28,076
55
56
57
58
1,881
4,464
1,972
4,548
2,056
4,652
2,123
4,814
2,176
4,914
2,305
5,094
2,526
5,267
2,739
5,419
3,668
6,056
3,971
6,100
4,181
6,261
4,078
6,374
4,056
6,668
4,050
6,667
3,831
6,794
3,931
6,969
59
60
71,276 72,472 73,935 75,948 77,650
65,947 67,821 69,422 70,611
211,320 218,285 223,727 227,705 230,640 234,731 239,484 244,397 250,048
222,373 227,449 235,153 238,458 238,162 243,434 250,918 257,423 264,423
86,948 86,755 87,965 89,272 89,869 93,906 97,672 99,435 100,320
163,545 168,318 173,122 175,823 176,806 181,416 185,938 191,532 196,845
55,246 57,209
58,996 59,789 60,142 61,771 63,791 65, 639 68,026
94,206 97,247 100,876 103,178 105,402 108,453 112,431 115,865 119,881
46,265 47,549
49,Oil
49,897 50,350 51,735 53,463 55,061 56,457
156,203 162,296 168,508 172,532 175,932 180,356 185,215 191,006 195,978
79,108
253,933
271,443
102,235
200,452
69,564
122,549
57,515
200,527
81,523
260,206
274,587
102,453
204,378
70,809
125,119
58,881
205,616
83,153
264,968
280,851
105,188
210,785
73,131
129,985
61,213
211,534
85,515
271,853
290,413
110,802
216,371
75,439
134,160
62,941
218,926
87,261
277,202
300,097
114,382
223,187
77,893
138,283
64,854
223,868
89,767
285,215
306,592
116,665
229,017
80,079
140,110
65,570
226,605
92,066
292,191
317,642
123,235
235,870
83,277
146,160
68,462
233,855
61
62
63
64
65
66
67
68
69
3,031
5,521
3,302
5,631
3,631
5,718
3,827
5,895
Census regions
60,854
196,529
205,779
78,972
146,844
49,978
83,246
40,989
141,637
62,235 63,282 64,678
199,821 202,897 207,814
210,431 214,804 220,166
82,356 85,565 88,113
150,938 155,655 160,606
51,083 52,577 54,335
86,268 89,682 92,832
42,714 43,933 45,613
145,285 148,541 153,339
266-014 O - 78 - 3
By DOUGLAS R. FOX and VIRGINIA K. OLIN
Residential Construction: Three Years of Recovery
Since its trough in the first quarter
of 1975, real private residential construction has increased by almost twothirds (chart 6)—far more than any
other final sales component of GNP.
This article deals with single-family and
multifamily structures, which account
for about two-thirds of residential construction, and, briefly, with mobile
homes and additions and alterations.1
The recovery has been centered in
single-family housing construction,
which has more than doubled in the
recovery, and now exceeds its 1972
peak. Major distinguishing characteristics of the recovery have been the
unusual attractiveness of homeownership as an investment, use of large
capital gains on existing houses to finance new house purchases, and the
emergence of Government-sponsored
mortgage pools as suppliers of credit.
Multifamily construction has recovered sharply from its extreme recession
low, but only to one-third of its 1973
peak. I t has been depressed as a result
of overbuilding in 1972-75. In addition,
the construction of rental units was
held back by a profit squeeze and that
of condominiums by special financial
difficulties. Government programs subsidizing moderate- and low-income families have become increasingly important in multifamily construction.
Single-Family Housing
Single-family construction has led the
recovery in residential construction. I t
was not as hard hit in the 1974-75
housing contraction as was multifamily
construction: I t did not decline as
steeply, and its recovery started earlier
and has proceeded more rapidly. Real
construction spending on single-family
structures totaled $34.0 billion in the
first quarter of 1978, down slightly from
the previous quarter as a result of the
severe weather, but more than double
the amount in its first quarter 1975
trough and 20 percent above its 1972
peak. The same pattern of recovery is
apparent in new private housing starts
(chart 7). The steady rise in these starts
carried the 1977 total to 1,451,000
CHART 6
Real Private Residential Construction
Billion (1972) $
70
60
50
40
30
20
10
_L I
I
Mobile Homes
1 I II
1 I
1971
1972
I
I L
1973
1974
1975
I
1976
I
I
I L_L
1977
Seasonally Adjusted at Annual Rates
1. The other components of residential structures are
brokers' commissions on the sale of structures, nonhousekeeping units, and net purchases of used structures.
18
* Other includes: Nonhousekeeping structures (hotels, dormitories, etc.), brokers' commissions, and net purchases of used structures from
the government sector.
U.S. Department of Commerce, Bureau of Economic Analysis
I
I
1978
I
SURVEY OF CURRENT BUSINESS
June 1978
units—about 10 percent above 1972.
The recovery has been strong in all
four major regions of the country, but
most vigorous in the West (chart 8,
top panel). New private single-family
housing starts in the West increased
over 230 percent from the first quarter
of 1975 to about 360,000 units in the
first quarter of 1978. Most of this
increase occurred in 1975 and 1976;
a cooling off in speculative markets in
California slowed starts in 1977. The
South, a region of net inmigration and
relatively low housing prices, has continued to account for the largest share
of starts. Starts in the North Central
region have increased at about the
national average; those in the Northeast
have increased more slowly.
A major factor underlying the strong
demand for new housing has been the
high rate of household formation,
averaging over 1.5 million per year in
the 1970's, compared with slightly
over 1 million in the 1960's. The higher
rate reflects the rapid rise in births
after World War II to a record in
excess of 4 million per year by 1954.
On the basis of projected household
formation and deterioration of existing
housing units, the Council on Wage
and Price Stability estimated average
annual demand for new single-family
housing at 1.3 million units for 197680. The fact that new single-family
starts in 1976 and 1977 did not exceed
this estimate suggests that the potential
demand for new single-family housing
will continue strong during the remainder of the 1970's.
Translation of potential demand into
actual spending for new housing is
dependent upon various economic factors, including prices of new houses,
affordability of housing, investment
aspects of homeownership, mortgage
market conditions, and availability of
new houses on the market.
mean sales price increased even faster—
45 percent.
The largest increases occurred in the
West and North Central regions, where
the median price climbed from about
$38,000 to about $57,000 (chart 10).
In the West, rapid population growth
and speculation, particularly in California, kept demand for new housing
well ahead of supply, putting strong
upward pressure on prices. In the
North Central region, the large increase
in prices partly reflected an increase in
the size of houses sold.
Increases in construction costs and
19
in lot prices contributed to the upsurge in new house prices. From the
first quarter of 1975 to the first quarter
of 1978, the Boeckh construction cost
index for residences increased 27 percent, reflecting substantial increases in
most cost elements. Average hourly
earnings in contract construction increased about 20 percent, lumber prices
about 70 percent, millwork prices about
40 percent, and concrete prices about
25 percent. Lot prices increased more
than 40 percent. Average lot size
changed little; most of the increase in
lot prices was due to higher land cost
CHART 7
Housing Starts and Mobile Home Shipments
Thousand Units (Ratio scale)
4,000
PRIVATE HOUSING STARTS
2,000
\ Single-Family
1,000
Multifamily
-
200
i
i
i
I
i
i
i
I
i
i
i
1
i
i
i
I
i
i
i
I
i
i
i
I
i
i
i
1
1,000
600 -
Housing prices
Prices of new single-family houses
have increased substantially throughout
the 1970's (chart 9, top panel). The
median price of new houses sold in the
first quarter of 1978 was $52,700—more
than 38 percent above the first quarter
Of
1975.
Over
the
Same
period,
the
100
1971
1972
1973
1974
1975
1976
Seasonally Adjusted at Annual Rates
1977
1978
Data: Census
U.S. Department of Commerce, Bureau of Economic Analysis
June 1978
SURVEY OF CURRENT BUSINESS
20
and development costs related to
environmental, zoning, and other
requirements.
The measured increases in new singlefamily house prices reflect two factors
other than pure price increase. First,
there has been a shift in the sales mix
toward the West, where prices are considerably above the national average,
from the South, where prices are well
below average. Second, a part of the
measured price increase reflects quality
improvement, that is, an increase in
house size or the inclusion of more
amenities, such as fireplaces and central
Housing Starts by Region
Thousand units (Ratio scale)
800
-
SINGLE-FAMILY
6 0 0 --
••»
^»—•
-
>
^*^Z\
*
200
^
-
7
x
S
\
\
\
\
100
* Northeast
l
80
i
t
1
i
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
i
i
i
1
i
i
_
i
600
MULTIFAMILY
400
-
200
North Central
100
80
60
40
Northeast
20 I
Ajfordability of housing
The recent increases in single-family
housing prices have led to concern about
"affordability"—that is, the ability of
homeowners to meet the monthly mortgage payments and other costs associated with owning a single-family house.
A commonly used measure of the affordability of new housing is the ratio of
the median price of a new singlefamily house to median household income. Over the postwar period until
1970, the ratio averaged about 2.9.
Large Federal housing subsidies for lowincome families were the major factor
wmmmmmmmmmmmmmmi CHART 8 in reducing the ratio to 2.4 in the
early 1970's. From 1973 to 1976, median house prices rose more rapidly
than median income, returning the ratio
to its historic average. The median
price of a new single-family house con^ * * * '
South
tinued to rise rapidly in 1977—up more
~
than 10 percent from 1976—but median
income
probably increased similarly,
West
and it is likely that the ratio was stable
in 1977. That buyers invested in expen> North Central
sive, higher quality houses is further
evidence of continued affordability.
S
\
400
air conditioning. The New Home Price
Index, a mean price that is weighted to
reflect 10 quality characteristics of
houses sold in 1974, increased 33% percent from 1974 to 1977. The difference
between this increase and the 39-percent increase in the mean sales price
is evidence of the improvement in the
quality of new houses sold. When the
change in sales mix is taken into
account, the estimate of the price increase in new single-family houses is
reduced an additional percentage point
to 32% percent.
I
i
I
1971
I
I I
1972
1
1973
1974
1975
1976
1977
1978
Seasonally Adjusted at Annual Rates
Data: Census; seasonal adjustment by the Bureau of Economic Analysis.
U.S. Department of Commerce, Bureau of Economic Analysis
Mortgage loan terms—including the
mortgage interest rate, the term to
maturity, and the loan-to-price ratio—
also affect the affordability of new
housing. Mortgage interest rates, although high by historical standards,
have remained relatively stable throughout the recovery. As shown in chart 11,
the contract interest rate on new homes
did not drop below 8.6 percent at any
time during 1975-77, and was inching
up in the last half of 1977 and into 1978.
These rates compare with just over 9
percent at the height of the credit
crunch in 1974 and 7^-8% percent in the
preceding boom. In recent years, initial
fees and charges—charges other than
insurance, property transfer, and title
search—have brought the effective rate
to about 9-9% percent. Because mortgage interest rates have remained relatively stable throughout the recovery,
they have not been a significant factor
in changing average monthly payments.
Like mortgage interest rates, nonrate
mortgage terms have changed little
during the recovery. The loan-to-price
ratio has remained about 75-76 percent since 1974, and the term to matu-
SUEVEY OF CURRENT BUSINESS
June 1978
rity has ranged between 26 and 27 years.
As a consequence, average monthly
payments of a typical new house purchaser have increased in line with new
house prices. In the first quarter of 1978,
the average monthly payment for principal and interest on a median-price
new house was about $350, up 33 percent from the first quarter of 1975.
Other costs associated with the total
cost of homeownership—property taxes,
property insurance, maintenance and
repair, and fuel and utilities—did not
increase nearly as rapidly as new house
prices. The consumer price indexes for
property taxes and home maintenance
and repair costs increased 22 percent
from the first quarter of 1975 to the
first quarter of 1978. Property insurance
rates index increased 24% percent, and
fuel and utility costs 30 percent—
led by a 69%-percent increase in the
price of residential heating gas. With
the exception of fuel and utilities, these
increases were only slightly more than
the 20-percent increase in the Consumer
Price Index for all items.
Investment
aspects
Two aspects of the rapid increase in
new house prices have encouraged
purchases of new single-family houses.
First, the rapid increase in the price of
new houses has been accompanied by a
similar increase in the price of existing
houses. Large capital gains on existing
houses have been created by the nearly
36-percent increase in their mean price
(chart 9, bottom panel). Existing
houses, at a record 3,572,000, accounted for more than 80 percent of
total houses sold in 1977, compared
with 75 percent during the 1971-73
housing boom. This active market
suggests that substantial capital gains
have been monetized. It has been
argued that a part of the gains monetized by sales, and also gains monetized
by refinancing and taking out junior
mortgages on existing houses, have been
used to support personal consumption.
However, the gains on sales also have
provided substantial support to the
housing market by enabling owners to
trade-up to more expensive new or
existing houses.
Second, persistent inflation has en-
couraged the purchase of houses as a
form of investment, because existing
house prices have kept up with inflation
better than have most financial assets.
Also, as inflation pushes individuals
into higher tax brackets, the deductibility of mortgage interest payments
and property taxes in calculating Federal individual income tax liabilities
makes investment in houses increasingly attractive.
Further, more single persons have
been taking advantage of the investment and other aspects of homeowner-
21
ship. By 1977, about one-fifth of new
houses purchased were bought by
unmarried persons. One important
factor in this development has been
the removal of discriminatory barriers
against unmarried couples and single
persons seeking mortgages.
Mortgage finance
Residential mortgage lending regained its 1972 peak by late 1975 and
has since expanded to record levels.
This expansion reflects not only new
CHART 9
Prices of Single-Family Houses Sold
Thousands of dollars
60
NEW HOUSES
Mean
50
40
\
Median
30
20
60
EXISTING HOUSES
50
40
30
_J_
20
1971
1972
1973
1974
1975
1
1976
1977
1978
Data: Census and National Association of Realtors
N0TE.-1974 weighted is the average sales price of the kinds of new houses sold
U.S. Department of Commerce. Bureau of Economic Analysis
i 1974 weighted by 10 quality characteristics.
22
house sales but also the sales of existing houses. Because thrift institutions
account for the bulk of lending for
single-family houses, and because their
loans are mainly for single-family
houses, the expansion can be explained
in terms of developments affecting the
major thrifts—savings and loan associations (S. & L/s) and mutual savings
banks (MSB's).
The sensitivity of deposit flows—
a major source of funds for thrifts—to
market interest rates on securities with
maturities comparable to those of passbook-type deposits or savings certificates offered by thrifts is brought out
by a comparison of the top panel of
chart 12 with chart 13. Through the
end of 1974, securities yielded a higher
return than did thrift deposits; hence,
inflows slowed. Beginning in early 1975,
spreads narrowed, and after mid-1976
favored thrifts. Reflecting these movements, inflows increased and by mid1977 reached almost $60 billion (annual
rate). Under these conditions, thrifts
repaid the large volume of Federal
Home Loan Bank advances obtained
during the 1973-74 credit crunch and
made substantial increases, first in their
mortgage commitments, and then in
their lending. From a low of $11 billion
in the fourth quarter of 1974, thrifts
increased their lending to an annual
rate of about $65 billion in the last
half of 1977.
By mid-1977, spreads began favoring
the market securities and inflows,
which had jumped to a high of $83K
billion in the third quarter, fell to $54
billion in the fourth quarter and $34%
billion in the first quarter of 1978.
In order to maintain their mortgage
lending, S. & L.'s obtained larger advances from the Federal Home Loan
Banks. In the fourth quarter of 1977,
these advances were almost as large as
in the credit crunch. New mortgage
commitments dropped sharply in the
first quarter of 1978, and lending
dropped to $50% billion.
In response to these recent developments, measures have been taken to
increase the supply of funds for mortgage lending. In April, the Federal
Home Loan Bank Board reduced the
SUEVEY OF CUERENT BUSINESS
liquidity ratios required of S. & L.'s
effective May 1. The reductions—from
7 to 6% percent for the long-term liquidity ratio and from 3 to 2% percent for
the short-term liquidity ratio—were
designed to free funds for mortgages.
In May, the Federal Eeserve Board and
the Federal Home Loan Bank Board
approved the issuance of two new kinds
of high-yielding savings certificates:
a 6-month certificate with a $10,000
minimum denomination and a ceiling
rate ){ percentage point higher than the
average return on 6-month Treasury
bills, and a longer term certificate with
a minimum denomination of $1,000 on
which thrifts could offer as much as
8 percent. The Boards expect that these
new savings certificates will encourage
inflows to thrifts. So far, however, their
major effect has been to draw funds
from passbook accounts.
Government-sponsored
agency
activ-
ity.—Except for their mortgage pools,
Government-sponsored agencies have
been only a minor source of mortgage
June 1978
credit in the recovery. These agencies
operate primarily through the secondary mortgage market—that is, the
market in which previously created
mortgage securities are traded—to cushion the impact of the extremes of the
mortgage credit cycle. The Federal National Mortgage Association (FNMA)
and, to a smaller extent, the Federal
Home Loan Mortgage Corporation
(FHLMC) purchase and hold mortgages, issuing debt of their own to
finance these purchases. As shown in
table 1, in 1974 and 1975 Governmentsponsored credit agencies added substantially to their holdings of l-to-4
family mortgages—of which nearly all
are single-family mortgages; in 1976,
when there was an ample supply of
private mortgage credit, they increased
their holdings only slightly.
However, the recent slackening in
deposit inflows has led thrifts to sell
mortgages in the secondary market.
Consistent with their role, both FNMA
and FHLMC have increased their comCHART 10
Median Sales Price of Houses Sold by Region
Thousands of dollars
60
/Northeast
/West
/ p
North Central
55 -
/u/
50 -
y^ 1 ^
x*
v
45 -
South
/-/
40
-
35 -
30
25 -/
20
>
1971
I
1
.
I
1972
.
I .
.
.
1973
U.S. Department of Commerce, Bureau of Economic Analysis
.
1
1974
1
.
. .
1975
1
1
.
1976
.
.
,
1977
1
,
,
1978
Data: Census
78 6-10
SURVEY OF CUERENT BUSINESS
June 1978
Table 1,—Government-Sponsored Credit
Agencies Activity
[Billions of dollars; quarters at annual rates]
Increase in 1 to 4
family home
mortgages i
ExcludMortgage
ing
pools
mortgage
pools
Commitments
FNMA FHLMC
6.7
5.2
7.7
0.8
1.6
1.6
2.1
1.8
3.5
4.3
4.3
3.2
5.5
5.4
10.1
4.6
Ill
IV
2.2
2.9
2.6
2.5
12.1
10.2
6.8
10.6
3.4
8.1
7.3
3.9
.4
1.5
1.4
.7
1976' I
II
III
IV
2.7
-.4
.5
—.9
12.0
13.6
13.7
18.7
3.6
9.3
5.8
5.3
.7
1.8
1.3
2.1
-.8
3.8
-1.6
13.0
12.5
5.0
12.9
3.5
6.6
6.3
.6
20.7
12.8
22.2
20.2
5.6
8.1
11.4
21.3
5.5
1971
1972
1973
1974
.
1975: I .
II
1977:1
II
III
IV
1978:1
. .
-.
1. Quarters are seasonally adjusted.
Sources: Federal Reserve Board, Federal Home Loan
Bank Board, Federal National Mortgage Association.
mitments to purchase mortgages.
(These commitments are promises to
purchase at a stated yield any time
within a specified period, usually 4
months but sometimes up to 12
months.) In the first quarter of 1978,
FNMA commitments increased to record levels; FHLMC commitments were
also high. Partly reflecting the high
commitment levels, 1 to 4 family mortgage holdings by Government-sponsored agencies increased $8 billion in
the first quarter.
Mortgage pools—which are created
when a group of mortgages is set aside in
a "pool" and securities that represent
shares in the pool are sold—have
emerged as a major supplier of credit
for single-family mortgages during the
recovery (table 1). Since 1974, credit
supplied for 1 to 4 family mortgages by
mortgage pools has grown rapidly. The
relatively small amount supplied in the
first quarter of 1978 reflects the fact that
mortgage originators preferred to sell
to FNMA because they could get higher
prices than by selling to pool-forming
agencies.
Both FHLMC and the Government
National Mortgage Association (GNMA)
are involved in the creation of mortgage
pools, either creating the pools themselves or guaranteeing the payments of
principal and interest of pools created
by others. Under the GNMA program,
which began in 1970 and is the largest
Federal mortgage pool program, private
originators set aside a package of mortgages meeting GNMA requirements
and issue securities on that package;
GNMA guarantees the payment of
principal and interest. The private
originators service the mortgages—that
is, collect the monthly payments—and
pass through the payments to the
holders of the securities—hence the
name "pass through securities." The
expansion in mortgage lending accounted for by GNMA mortgage pools has
been substantial; their lending in the
fourth quarter of 1977 was as large as
in the year 1974.
FHLMC sells two types of mortgage
pool instruments. In 1971, FHLMC
began to pool some of its purchases of
mortgages and sell mortgage participation certificates (PC's). Like GNMA,
FHLMC guarantees the payment of
principal and interest on the securities.
Recently, the attractiveness of PC's
has been enhanced by the formation of
dealer groups, which market PC's and
23
try to reach a wider spectrum of investors. In 1977, PC sales increased to
more than their 1971-76 sales combined.
The other instrument—guaranteed
mortgage certificates (GMC's)—was
introduced in 1975. Like PC's, GMC's
are shares in mortgage pools. They
differ from PC's in that the interest
payments are paid semiannually, and
a minimum amount of principal is
repaid annually; they may be redeemed
at par on specific dates 15 or 20 years
after issue, at the option of the holder.
In these respects, GMC's resemble
bonds. With the two types of mortgage
pool instruments, FHLMC reaches the
traditional mortgage investor as well
as the nontraditional.
Availability of housing
The translation of potential demand
for housing into actual spending is also
dependent upon the availability of new
houses. The volume of new singlefamily houses completed and under
construction continued to increase
throughout 1977. Completions totaled
1,258,000 in 1977, up substantially
from 1,034,000 in 1976 (table 2). At
CHART 11
Contract Interest Rate on New Homes
Percent
10.0
9.5
9.0
7.5
7.0
I LI 1 I I I I I I I 1
I 11111111 I I I I I I I I I I I I I
1971
1972
1973
U.S. Department of Commerce, Bureau of Economic Analysis
1974
I I I I II I I I I 1 I I 1 I
1975
LLLLLL
1976
1977
Ml
1978
Data: FHLBB
78-611
SUKVEY OF CUKRENT BUSINESS
24
end of the first quarter of 1978. A high
sales rate, however, held the ratio of new
houses for sale to houses sold below
6.0 throughout 1977. The inventory of
completed but unsold houses has remained very low—80,000 units—during
the recovery; there has been no buildup
such as occurred at the end of the
1971-73 housing boom.
Sales of new houses totaled 819,000
in 1977, up from 549,000 in 1975, and
the end of the first quarter of 1978,
781,000 houses were under construction, an all-time high. The large number of houses under construction and
the recent high monthly start rates
indicate that a large supply of houses
will be coming on the market at least
through the summer.
The inventory of new houses increased steadily from a late-1975 low
of 313,000 to a record 406,000 at the
CHART 12
Thrift Institutions: Deposits, Advances, Mortgage Commitments, and Mortgages:
Change from Preceding Quarter
Billion $
90
70 -
Savings Deposits
/ \
\
60 -
\A
A
50
/
A
/
\
I
\
~~
\
\] \
40
30
-
20
10
Q
-10
\
I
V
-
\
/
\
V v
Advances From Federal
Home Loan Banks*
/
\ /
V
v
V
-20
1
1 1
1 1
1
I
1 1
1 1 1 1 1 1 1 1 1 I
I
I
1 1 1 1 1 1 1 1 1 1 1
-20
70
60
50
40
30
20
10
I
I
1971
I
1972
I
I
I
1973
•Not seasonally adjusted.
U.S. Department of Commerce, Bureau of Economic Analysis
I
1 1 I I I
1 I
1 I I
1974
1975
1976
Seasonally A d j u s t e d at A n n u a l Rates
I I
I I
1977
considerably above the previous peak
of 718,000 in 1972. Recently, preselling
has been substantial; in 1977, houses
not yet under construction accounted
for 22 percent of all houses sold, compared with 19 percent at the previous
peak in 1972 and only 11% percent in
1974. The subtantial preselling reflected two previously mentioned factors: speculative pressure in some
markets, particularly in the West, and
slowness in other markets, particularly
the Northeast, where builders are
reluctant to start houses without firm
purchase commitments. Preselling may
support starts and construction for
some time, even if demand weakens.
Mobile Homes and Additions
and Alterations
A
80
June 1978
I
Expenditures on mobile homes have
not recovered to the same extent as
those on site-built housing. Shipments
of mobile homes totaled 290,000 in the
first quarter of 1978, up 44 percent from
the 1975 trough, but far below the
1972-73 record of over 650,000 units.
The shortfall has been entirely in small
~
(under 14-feet wide) units; shipments
of large units are now higher than in
1972-73.
The average sales price of a new
mobile home was $14,200 in 1977, up
more than 50 percent from 1974.
1 1 1
A significant part of this increase reflected the shift to large units and the
inclusion of more amenities. Stricter
safety standards for mobile homes
issued by the Department of Housing
and Urban Development in 1976 have
added to both costs and quality.
The climate of mobile home financing
has improved somewhat since the
severe difficulties encountered during
the 1974-75 recession. As the recovery
progressed, repossession and delinquency rates on loans have fallen. The
repossession rate, after peaking at
nearly 6 per 1,000 loans outstanding
early in 1975, fell to less than 2 inl977, and
the delinquency rate—the percentage of
loans outstanding with payments overdue for at least 30 days—remained at
about 3.5 percent in 1977, about 1 per1 I I
1978
centage point below the rate in the recession. Installment lending has ex78612 panded slowly as lenders have become
SUEVEY OF CUEEENT BUSINESS
June 1978
1973 peak. Although held down somewhat by severe weather in the first
quarter of 1978, the pace of multifamily
starts had picked up rapidly in the
second half of 1977 (table 2), indicating
that further increases in construction
are likely.
The recovery in multifamily construction has been widespread, except
in the Northeast (chart 8, bottom
panel). In the West, starts have tripled
from the 1975 first-quarter recession
low, as a part of that region's construction boom. Multifamily construction in
the South was especially hard hit by
the 1974-75 collapse in the condominum
market, when starts fell to less than 12
percent of their 1972 peak. By the end
of 1977, starts in the South had recovered to over 200,000 units, before
dropping again in the first quarter.
Starts have recovered strongly in the
North Central region, but have not
yet approached the 1972 peak. The
recovery in the Northeast has been less
vigorous.
The potential demand for multiMultifamily housing
family housing—like that for single
Multifamily housing has lagged be- family housing—is likely to be high
hind single-family housing in the re- over the next decade. Eeflecting, in
covery. In the first quarter of 1978, as part, the increasing average age at
in the previous quarter, real multifamily marriage and the increasing divorce
construction spending totaled $6.1 bil- rate, single-person households have
lion, two-thirds above its first-quarter accounted for over one-half the in1976 trough, but two-thirds below its crease in household formation in the
more selective; debt outstanding on mobile home loans edged to above $15
billion at the end of 1977, from $14%
billion in 1974-76. The larger size and
greater permanence of mobile homes and
stricter safety and building codes may
encourage lenders to offer longer term
and lower interest loans. Liberalization
of maximum loan limits by the Federal
Housing and Veterans Administrations
at the end of 1977 also may encourage
lending.
Eeal expenditures on additions and
alterations have increased little since
1975; in the first quarter of 1978 they
were $8.6 billion. From 1974 to 1975,
they had increased substantially. Such
increases typically occur at the beginning of an economic recovery when
homeowners are better able to add to
or alter existing structures than to
purchase new houses. Remodeling work
associated with conversions from apartments to condominiums also contributed
significantly to the 1975 increase.
25
1970's. The rapid formation of such
households is expected to continue and
is likely to stimulate demand for multiunit dwellings. The shift in the age
distribution of the population toward
older persons is likely to have a similar
effect. The Council on Wage and Price
Stability estimated average annual demand for new multifamily housing at
700,000 units for 1976-80—far in excess
of the average of 450,000 multifamily
starts in 1976-77. Accordingly, strong
potential demand for multifamily housing probably persists.
Completions of new multifamily units
totaled nearly 400,000 in 1977, the first
yearly increase since 1973, but less
than one-half the total in that year.
More than four-fifths of the completions
were rental units, mostly unfurnished
apartments in buildings containing five
or more units; most of the remainder
were condominiums and cooperatives.
Rental units
Despite strong potential demand for
rental units, the recession decline in
construction was steep and recovery
has been slow. Completion rates were
high in 1973 and 1974, reflecting earlier
high levels of construction activity;
completions in buildings containing five
or more units totaled 650,000 in 1973
and 500,000 in 1974. The high completion rates were a factor in the ensuing oversupply of rental units. This
Table 2.—Indicators of New Private Housing Construction Activity
[Thousands of units]
1975
1971
1972
1973
1974
1975
1976
1977
1976
1977
II
III
IV
II
III
IV
II
1978
III
IV
Seasonally adjusted at annual rates
Single-family construction:
Starts
Under construction 1..
Completions
Forsalei
Sales
Inventory-sales ratio 2..
1,151
1,309
1,132
1,014
287
656
1,160
409
718
1,197
418
634
940
346
519
901
1,048
913
450
692
844
892
1,162
1,451
875
313
549
1,034
354
646
1,258
405
819
734
442
840
337
438
9.2
848
440
831
320
560
6.9
950 1,033 1,093 1,107 1,184 1,264 1,287 1,436 1,472 1,548
450
471
505
527
556
590
636
692
708
770
908
907
974 1,024 1,039 1,070 1,192 1,215 1,327 1,276
319
313
319
334
340
354
358
367
389
405
564
653
608
592
665
750
846
800
795
849
6.8
5.8
6.3
6.8
6.1
5.7
5.1
5.5
5.9
5.8
1,229
781
1,300
406
796
6.1
243
482
569
7.3
223
413
456
7.7
301
386
392
7.5
309
349
367
6.6
288
335
328
6.7
353
329
359
7.2
385
336
335
6.9
458
360
343
6.5
457
373
385
6.3
501
408
378
6.6
569
442
415
6.6
595
479
416
6.1
492
483
449
6.1
68
69
81
85
81
75
84
81
78
79
82
n.a.
46
49
41
56
53
48
54
74
77
59
76
n.a.
Multifamily construction:
Starts
Under construction*
Completions
Rental vacancy rate 3 (percent) _.
Apartment absorption rate (percent) <
Condominium
absorption rate
(percent)3 4
788
442
375
536
"343"
"399"
1. End of period not at annual rate.
2. Seasonally adjusted houses for sale at end of quarter divided by sales at seasonally adjusted monthly rate.
266-014 O - 78 - 4
40
3. Not seasonally adjusted.
4. Limited to buildings with five or more units in permit-issuing places.
Source: Bureau of the Census.
SUEVEY OF CURRENT BUSINESS
26
oversupply was evidenced by the increase in the multifamily vacancy rate
to over 7.5 in 1974 and 1975, and by the
fall in the market absorption rate—
the percent of completed units rented
within 3 months—to a low of 65 percent in late 1974.
A squeeze of profit margins has
limited the recovery in rental unit
construction; completions dropped to
only 200,000 in 1976 and 250,000 in
1977. Surveys by the Institute of Real
Estate Management show that average
operating expenses of rental buildings
June 1978
increases 21 percent from 1973 to 1976,
and average rental income increased
only 15 percent over the same period.
Increases in rents were held down by
the oversupply of rental units at the
beginning of the recovery, the attractiveness of homeownership and its avail CHART 13
Selected Interest Rates
Percent
10
SHORT-TERM
A
A
/S
8 —
-
Rate on 6-Month Treasury Bills
(New Issues)
6 -
Ay
"V
/
i
n i i i l n M i l i i i n h n n l
/
W VA
-
Rate on Passbook-Type
Deposits at S & L's
i, , , , , ! , . ,, 1 . . . . . 1 . . . M 1 . . . . . 1
-4
/
1 ..... I .
I I I t I l l 1 I I I I 1 I 1 I I 1 i I I 11 l l 1 1 I 11 1 1 1 1 I I I L l 1 I l_l l_Lt L l L l I_L 1-lJ L l l_l i J
LONG-TERM
Rate on 4-6 Year
Certificates at S & L's
Yield on 3-5 Year U.S.
Government Securities
1111
1971
1972
1973
1111111 111111 i! 11 111111 111 i 1111
1974
1975
1
1976
1977
1978
Data: FRB & FHLBB
U.S. Department of Commerce, Bureau of Economic Analysis
78-6-13
June 1978
ability to single persons, and local rent
controls. The concurrent conversion of
numerous new and existing rental units
to condominiums is further evidence of
the profit squeeze in rental buildings.
The outlook for apartment construction has improved. Much of the oversupply that developed during 1972-75
has been absorbed. The rental vacancy
rate for multifamily units was down to
6.1 in the first quarter of 1978, the
same as in the fourth quarter of 1977,
and the market absorption rate increased to 82 percent. The rate of increase in rents accelerated in the second
half of 1977. The step-up in Government rental assistance also is encouraging multifamily construction.
Federal subsidy programs.—Government-subsidized rental programs have
expanded recently, providing considerable support to multifamily construction. Section 8 of the 1974 Housing and
Community
Development
Act—a
rental assistance program for low- and
moderate-income families—is rapidly
becoming the Government's major vehicle for encouraging multifamily construction. A family determined eligible
by a State or county public housing
agency seeks a unit anywhere within
the agency's jurisdiction. If the unit's
location and its monthly rent are
acceptable to the agency, the owner
and the family sign a lease, and the
agency and the owner sign a Housing
Assistance Payments contract, providing for payment by the agency of the
difference between the rent payable by
the family and the unit's rent. The
family pays 15-25 percent of its gross
income and, in effect, receives a supplement for the remainder of the rent.
Earlier rent-supplement programs assisted only families who lived in projects
built specifically for low-iucome families; Section 8 is not limited in that way.
Section 8 has stimulated the construction of multifamily units both
indirectly and directly. To the extent
that it encouraged new household
formation, it lowered the vacancy rate
on existing units, and thus helped to
SURVEY OF CURRENT BUSINESS
stimulate the construction of new
units. The early effect of Section 8 on
construction was of this indirect kind.
More recently, however, direct effects
have been increasingly important. A
large—but difficult to quantify—part
of the ongoing recovery in multifamily
construction can be attributed directly
to Section 8. (One reason for the difficulty in quantification is that under
Section 8, a "start" is defined as an
authorization, and therefore differs
from the Census Bureau definition.)
The National Association of Mutual
Savings Banks estimates that Section 8
accounted for as much as one-third of
rental housing construction in the latter
part of 1977.
Increased construction can be anticipated under Section 8 in 1978 and 1979.
The Federal Budget for fiscal 1979
proposed to assist 400,000 additional
households—most of them under the
Section 8 program—compared with
235,000 in 1977 and 400,000 in 1978.
Section 8 outlays were estimated to
increase from $876 million in 1978 to
$1.3 billion in 1979. The Department
of Housing and Urban Development
expects 130,000 starts under Section 8
this calendar year and 150,000 in 1979.
GNMA's commitments to purchase
long-term mortgages on rental projects
from lenders also have assisted the recovery. Under its Special Assistance
Function, GNMA makes commitments
to lenders to purchase mortgages with
below-market interest rates at prices
that provide market-rate returns to
lenders, in effect providing interest rate
subsidies to developers. The commitments help developers secure construction loans from private sources, and the
interest rates subsidy decreases the
construction costs. To stimulate construction, these commitments are
limited to mortgages on which construction or rehabilitation has not started.
Commitments were $1 billion in fiscal
1975, $3 billion in 1976, and $2 billion
in 1977, and are projected to be $2
billion in 1978.
27
Condominiums and cooperatives
The "for-sale" segment of the multifamily market remains depressed—the
aftermath of the 1973-75 construction
boom and subsequent collapse. In 1974,
nearly 160,000 condominiums and cooperatives were completed, more than
2)i times as many as in 1972. The
1974-75 economic recession contributed
to a huge buildup of unsold units, particularly in the South, where nearly 60
percent of condominiums and cooperatives were located. The 3-month market
absorption rate for newly completed
units fell sharply to 40 percent by the
beginning of 1975 and remained below
50 percent for the rest of that year. The
oversupply put downward pressure on
sales prices; thus, ownership of condominiums and cooperatives did not
provide the same inflation hedge as did
single-family homeownership.
The prospects for recovery are mixed.
Completions totaled less than 50,000
in 1977, about the same as in 1976 and
less than one-third of the 1974 peak.
The market absorption rate picked up
in 1976, and by the fourth quarter of
1977 was up to 76 percent. However, the
rapid turnover in existing condominiums, which owners often hold for less
than 5 years, and continued conversions
of rental buildings to condominiums
discourage construction.
Finance also is a problem. Developers' inability to sell newly completed
units in 1973-75, and their consequent
inability to repay their loans, has left
lenders wary of committing funds. Real
estate investment trusts (REIT's),
which grew rapidly during the last boom
and supplied close to 30 percent of all
multifamily construction lending, suffered huge losses and have supplied
little lending in the recovery. REIT's,
although they are making a slow comeback, are not expected to reenter the
real estate market as heavily as they
did in the past, and so far other lenders
have not taken up the slack.
By JOHN T. WOODWARD
Plant and Equipment Expenditures,
the Four Quarters of 1978
• • • • • • • • • • • • I CHART 14
Plant and Equipment Expenditures
Billion $ (ratio scale)
180
ALL INDUSTRIES
.BUSINESS plans to spend $151.0 MIlion for new plant and equipment in
1978, 11.2 percent more than in 1977,
according to the BEA survey conducted
in late April and May (table 1 and
chart 14).1 Spending in 1977 was $135.8
billion, 12.7 percent more than in 1976.
The planned spending increase for
1978 reported in the latest survey is
0.3 of a percentage point higher than
that reported in the January-February
survey. The upward revision is in both
Table 1.—Expenditures for New Plant and
Equipment by U.S. Business: Percent
Change From Preceding Year
1978 Expected
1977
as reported in—
Actual
February May
All industries..
Manufacturing
Durable goods..
Primary metals *
Blast furnaces, steelworks.
Nonferrous metals
Electrical machinery
Machinery, except electrical.
Transportation equipment 1 .
Motor vehicles
Aircraft
Stone, clay, and glass
Other durables i
Nondurable goods..
Food including beverageTextiles
Paper
Chemicals
Petroleum
Rubber
Other nondurables 1
Nonmanufacturing _
Mining
Railroad
Air transportation
Other transportation
Public utilities
Electric
Gas and other
Communication
Commercial and other..
12.7
11.2
14.6
11.7
11.8
17.3
12.0
11.4
-4.9
-10.7
3.2
25.5
14.7
47.0
65.4
7.8
15.7
21.3
9.9
2.3
17.9
12.8
10.5
11.9
10.6
16.5
19.0
12.7
2.6
4.9
14.7
8.1
9.7
9.4
10.5
23.8
15.9
12.4
11.5
12.2
11.5
12.7
2.8
2.3
19.4
32.5
12.5
13.4
10.7
10.6
6.5
10.5
31.0
19.4
18.7
8.0
5.4
4.9
12.8
24.7
24.7
11.2
10.4
10.7
12.4
11.4
24.3
14.1
12.8
24.1
-15.3
14.3
15.0
10.5
9.8
7.1
5.9
19.3
36.0
-4.3
12.2
13.1
7.2
13.0
7.4
-30. 9
15.8
14.8
21.3
16.2
9.4
1. Includes industries not shown separately.
28
10.9
manufacturing and nonmanufacturing,
but is larger in nonmanufacturing. In
the latter, the largest percentage upward revisions are in transportation
and communication. In manufacturing,
the largest upward revisions are in
stone-clay-glass, food-beverage, and
"other nondurables" industries, and
the largest downward revisions are in
nonferrous metals, paper, and rubber.
Neither plans nor actual spending
reported in the surveys are adjusted
for price change. Rough adjustments
can be made using the implicit price
deflator for fixed nonresidential investment in the national income and
product accounts. This deflator rose
5.3 percent in 1977, indicating that
real spending rose 7 percent. If spending plans reflect expectations of a
similar price rise this year, then a rise
in real spending of just under 6 percent is indicated. However, for the four
quarters ending in March, this deflator
rose at an average annual rate of about
7 percent; if spending plans reflect this
larger price rise, the indicated rise in
real spending is 4 percent.
Actual spending in the first quarter
of 1978 increased 4.4 percent to a
seasonally adjusted annual rate of
$144.3 billion; plans reported 3 months
earlier were for a 5.9-percent increase.
Spending plans call for increases of
3.2 percent in the second quarter,
3.3 percent in the third, and 2.0 percent in the fourth. The first-quarter
increase was almost entirely in nonmanufacturing. The increases planned
100 -
_
60
11 11 1 1 i 11 1 I 1 111 1 I 11 1 1 11 1 111
SO
Durables
111111 111111111 111 11111 1111 1111 1111 l
10
ill 11 11111111111 II11 i n 11111 1111 1111 1111 111
40
-PUBLIC UTILITIES
30 -
20
15
—
10
-
8
7 I l l l l l i l t I I I l l l l l l t l I I I ( i t i l 11 l l i l l l l f l l l t l
15
TRANSPORTATION INCLUDING RAILROAD
10 -
-
8
6
4
1. Plans have been adjusted for biases (table 6, footnote 2).
The adjustments were calculated for each industry. Before
adjustment, plans for 1978 were $69.35 billion for manufacturing
and $83.93 billion for nonmanufacturing. The net effect of the
adjustments was to lower manufacturing $2.07 billion and
nonmanufacturing $0.16 billion.
-
80
3
r
i i i l i i f l i i i l f t i f
1968
70
.v/
v
-
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i t i l i 111 II 1
72
74
76
78
Seasonally A d j u s t e d a t A n n u a l Rates
o Expectations
U.S. Department of Commerce, Bureau of Economic Analysis
786u
SUKVEY OF CUEEENT BUSINESS
June 1978
Economics, Inc. and McGraw-Hill Publications Company reported increases of
15 percent and 17 percent, respectively.
The spring surveys have generally overstated actual spending increases. During the past 7 years, the BEA's overstatement averaged only one-half of a
point (table 2); Merrill Lynch's averaged 3K points and McGraw-Hill's
averaged 5 points. Differences between
the results of BEA and private surveys
are primarily due to differences in the
size and composition of the samples
and in processing procedures; the latter
were described in the June 1977
for the second, third, and fourth quarters are mainly in manufacturing.
Table 2.—Expected and Actual Expenditures for New Plant and Equipment:
Percent Change From Preceding Year
Expectedl
Actual
2.7
10.3
13.2
12.2
1.9
8.9
12.8
12.7
1.6
7.3
12.3
11.2
.3
6.8
12.7
1971
1972
1973
1974
1975 .
1976
1977
1978
.
.
.
1. Expectations are based on BEA surveys conducted in
April and May.
29
half of 1 percent, to a seasonally
adjusted annual rate of $61.6 billion;
this small increase, which is more than
accounted for by the durable goods
industries, followed a fourth-quarter
decline of 2% percent, also concentrated
in durable goods. Increases of 7 percent, 6 percent, and 3% percent are
planned for the second, third, and
fourth quarters. In the second and
third quarters, the increases in durables
CHART 15
Starts and Carryover of Investment
Projects
SURVEY OF CURRENT BUSINESS.
The 11.2-percent planned increase in
1978 spending reported by the BEA
Manufacturing Programs
survey is smaller than the planned inManufacturers reported a first-quarcreases reported in the private surveys
conducted in April: Merrill Lynch ter increase in spending of about one-
Billion $ (Ratio scale)
Table 3.—Starts and Carryover of Plant and Equipment Projects, Manufacturing and
Public Utilities
[Billions of dollars]
Carryover 2
Starts i
1975
1976
1977
1977
Durable goods
3
Primary metals
Electrical machinery
Machinery, except electrical
Transportation equipment4.
Stone, clay, and glass
Nondurable goods 3
Food including beverage
Textiles
Paper
Chemicals
Petroleum
Public utilities-
1978
1977
June
Sept. Dec
48.24 51.05 66.73 14.71 15.81 18.94 17.26 16.96
38.44
39.41
42.74
42.82
46.10
200
18.77 24.30 30.43
16.70
17.35
18.56
18.46
20.17
150
100
III IV
Mar.
6.70
7.44
8.39
7.90
1.24
1.75
1.06
1.32
1.00
1.22
1.10
6.11
1.75
5.96
1.96
6.23
2.16
5.93
2.10
6.05
2.47
1.41
1.70
.61
1.80
1.63
.63
1.53
1.49
.63
1.55
1.57
2.66
2.56
1.11
2.70
2.89
1.22
3.02
3.10
1.34
2.94
3.10
1.42
10.55
9.37
21.74
22.06
24.18
24.36
3.12
3.37
1.78
25.94
1.02
.27
1.19
1.50
4.49
2.33
.39
2.17
6.24
9.23
2.48
.37
2.22
6.32
8.98
2.75
.36
2.66
6.64
10.03
2.56
.40
2.89
6.16
10.67
2.73
.47
3.05
6.24
11.65
118. 22 114. 04 115.66 114. 95
119.43
5.02
1.85
5.18
3.04
5.43
3.62
4.62
2.23
1.22
5.42
3.87
1.83
6.19
6.32
2.33
1.12
.60
1.44
1.51
.46
29.47 26.76 36.30
8.01
3.89 4.41
.96
.70
.90
3.40 2.94 4.14
7.05 5.22 6.98
12.85 10.93 16.04
.83
.24
.80
1.69
3.59
1.76
3.23
1.37
22
l!29
2.04
4.73
34.50 29.66 32.54 15.55
2.19
8.22
1.18
.22
.87
8.88
1.22
.31
.84
1.55
4.02
6.57 10.62
PUBLIC UTILITIES
-
Carryover*
80
Primary metals
_
Electrical machinery
Machinery, except electrical
Transportation
equipment *
Stone, clay, and glass
..
Nondurable goods 3
Food including beverage..
Textiles
'__.
Paper
Chemicals.
PetroleumPublic utilities..
15.26 15.15 19.81 16.54 17.41
30
/
Starts of Projects
\
38.36
38.65
42.70
43.90
45.91
7.00
7.47
8.61
7.40
8.35
16.54
17.20
18.50
18.86
20.02
1.02
.66
1.38
1.03
1.88
1.12
1.21
1.17
5.96
1.70
5.94
1.95
6.32
2.21
6.01
2.11
5.94
2.40
1.55
1.34
1.95
1.11
.77
1.41
1.61
2.63
2.61
3.03
3.05
3.12
1.53
.50
1.60
.62
1.59
.56
1.64
.65
1.56
.93
2.58
1.12
2.84
1.24
3.02
1.28
3.23
1.45
3.36
1.81
11.20
9.14
9.06
21.82
21.45
24.20
25.04
25.89
2.34
.39
2.11
6.33
9.29
2.48
.37
2.13
6.26
8.59
2.71
.34
2.74
6.56
10.11
2.58
.43
3.04
6.20
11.02
2.73
.47
3.01
6.34
11.55
115.45 112.92 116.59 118.02
116.17
8.26
.92
.22
.75
1.84
3.62
1.59
2.78
1.30
.21
1.46
2.07
5.20
1.01
.30
1.14
1.43
4.38
1.35
.29
.73
1.77
3.95
9.76
3.79 10.23
7.99
5.13
1.16
.22
1. Starts are estimated by adding changes in carryover to expenditures during the given period.
2. Carryover refers to expenditures yet to be incurred on plant and equipment projects already underway at end of period.
3. Includes industries not shown separately.
4. Includes guided missiles and space vehicles.
I
40
20
Durable goods 3 .
f ^
60
Seasonally adjusted
Manufacturing...
mini
linliiilill
Mar.
II
Manufacturing...
1978
Expenditures
:
10 8 6 -
4
3
\
Expenditures
2 -
'
-
1 1111 1 1111 111 11 It 1111 1111111 111)11111111111
78
1968
70
72
74
76
•Carryover as of end of period
U.S. Department of Commerce, Bureau of Economic Analysis
SUEVEY OF CUREENT BUSINESS
30
and nondurables are about equal; in
the fourth quarter, the increase in nondurables is larger.
For the year 1978, a spending increase of 12 percent is planned. Both
durables and nondurables contribute
about equally to the increase. In durables, the largest increases are in
stone-clay-glass (24 percent), "other
durables" (16 percent), and electrical
machinery (15 percent). In nondurables,
the largest increases are in rubber (25
percent), "other nondurables" (25 percent) food-beverage (19 percent), and
petroleum (13 percent). Increases ranging between 8 and 11 percent are
planned by aircraft, motor vehicles,
nonelectrical machinery, and textiles.
Starts and carryover of projects
The value of manufacturing projects
started in the first quarter of 1978
increased 5 percent from the fourth
quarter of 1977, to a seasonally adjusted
total of $17.4 billion (table 3 and chart
June 1978
15)*; the increase was in durable goods,
chiefly in the machinery and stone-clayglass industries. In nondurables, increases in chemicals and food-beverage
were offset by declines in petroleum
and paper.
Because the value of projects started
in the first quarter exceeded expenditures, carryover in manufacturing increased. At the end of March, carryover
totaled $45.9 billion, $2.0 billion higher
than at the end of December.
were: 4 points for motor vehicles, to
98 percent; 3 points for chemicals, to
79 percent; and 2 points for electrical
machinery, to 84 percent.
The utilization rates for primaryprocessed
and advanced-processed
goods industries increased 1 point, to
83 percent and 84 percent, respectively,
in March.
Large firms (assets of $100 million
and over) reported a utilization rate
of 86 percent in March, 2 points above
December. Medium- and small-sized
Capacity utilization
firms reported 1-point increases, to 81
The utilization of manufacturing percent and 79 percent, respectively.
capacity was 84 percent in March,
The 84-percent rate in March is the
(table 4 and chart 16), 9 points above same as in June 1977, and is the highest
the recession trough of 75 percent for rate reported in the current recovery.
June 1975 and 2 points below the However, the March 1978 rate reflects
prerecession peak of 86 percent for a different mix of rates among industries. The March rates were lower than
March and June 1973.
The March 1978 rate is 2 points above those in June 1977 for rubber (7 points),
December and September of 1977. motor vehicles (6 points), primary
The increase from December to March metals (4 points), and aircraft (4
was widespread. The largest increases points); rates were higher for food-
Table 4.—Manufacturers' Capacity Utilization Rates: Operating Rates and Ratios of Operating to Preferred Rates 1
[Seasonally adjusted]
Operating rates (.percent)
All manufacturing.
Asset size:
$100.0 million and over.
$10.0 to $99.9 million...
Under $10.0 million
Durable goods 2
June
Sept.
1978
1977
1976
Industry and asset size
Ratios of operating to preferred rates
Dec.
Mar.
June
Sept.
Dec.
Mar.
1978
1977
1976
June
Sept.
Dec.
Mar.
June
Sept.
Dec.
0.86
0.84
0.85
0.87
0.89
0.87
0.87
0.88
.90
.87
.85
82
80
81
83
84
82
82
84
85
79
75
82
78
75
83
79
76
86
80
77
87
79
78
84
80
77
84
80
78
86
81
79
.89
.85
.82
.85
.84
.82
.87
.85
.82
.90
.85
.85
.91
.85
.87
.88
.86
.83
.88
.86
.84
Mar.
83
79
81
84
86
82
82
84
.86
.82
.84
.87
.91
.86
.87
Asset size:
$100.0 million and over.
$10.0 to $99.9 million....
Under $10.0 million
86
78
72
81
76
73
83
77
72
88
78
76
89
78
76
84
79
75
85
78
73
87
80
75
.89
.84
.78
.84
.81
.79
.86
.82
.78
.91
.83
.83
.92
.83
.84
.88
.84
.81
.89
.83
.80
.90
.85
.81
Primary metals
Electrical machinery
Machinery, except electrical..
Transportation equipment3..
Motor vehicles
Aircraft
Stone, clay, and glass
83
81
86
85
100
65
76
79
80
87
74
80
64
79
74
81
86
83
95
66
75
78
81
87
91
106
69
79
84
84
89
90
104
71
80
79
82
90
82
93
66
78
79
82
90
83
94
67
77
80
84
91
85
98
67
77
.86
.89
.91
.84
.94
.68
.81
.82
.88
.92
.73
.75
.67
.84
.77
.89
.91
.82
.90
.69
.80
.81
.89
.92
.89
.99
.73
.85
.88
.92
.94
.90
.99
.76
.85
.84
.90
.95
.83
.89
.71
.84
.83
.90
.95
.84
.90
.72
.84
.85
.92
.96
.86
.94
.71
.84
81
82
82
82
82
82
82
83
.87
.87
.88
.88
.89
.87
.88
.89
83
81
77
83
80
78
83
81
80
84
81
78
83
80
79
82
82
78
83
83
82
84
82
83
.89
.87
.83
.88
.86
.85
.89
.87
.85
.90
.87
.86
.88'
.88
.87
.85
.88
.89
.87
.90
.86
.88
Food including beverageTextiles
Paper
Chemicals
Petroleum
Rubber
76
85
88
82
96
68
79
83
85
79
90
82
77
84
85
78
93
85
77
85
87
80
95
87
76
87
86
79
91
87
78
86
85
77
91
84
80
87
87
76
91
81
81
88
88
79
90
80
.84
.88
.91
.91
.98
.71
.87
.86
.89
.85
.93
.85
.86
.87
.88
.86
.96
.89
.87
.87
.89
.88
.98
.91
.85
.89
.89
.87
.94
.92
.86
.89
.88
.83
.93
.89
.89
.89
.89
.83
.93
.86
Primary-processed goods 5_
Advanced-processed goods 6
83
82
82
79
80
82
83
84
84
84
82
82
82
83
83
84
.87
.86
.86
.83
.84
.87
.87
.89
.88
.89
.86
.87
.86
.88
Nondurable goods *
Asset size:
$100.0 million and over.
$10.0 to $99.9 million
Under $10.0 million
1. The survey asks manufacturers to report actual and preferred rates of capacity utilization for the last month of each quarter. Utilization rates for industry and asset-size groups
are weighted averages of individual company rates. See "The Utilization of Manufacturing
Capacity, 1965-73, " SURVEY OF CURRENT BUSINESS, July 1974, p. 47.
2. Also includes lumber, furniture, fabricated metals, instruments, and miscellaneous.
3. Also includes other transportation equipment.
.91
.90
.85
.94
.84
.87
4. Also includes tobacco, apparel, printing-publishing, and leather.
5. Consists of lumber; stone, clay, and glass; primary metals; fabricated metals; textiles;
paper; chemicals (at ^ weight); petroleum; and rubber.
(>. Consists of furniture, electrical machinery, machinery except electrical, motor vehicles,
aircraft, other transportation equipment, instruments, food including beverage, tobacco,
apparel, printing-publishing, chemicals (at y& weight), leather, and miscellaneous.
SURVEY OF CUKRENT BUSINESS
June 1978
31
CHART 17
CHART 16
Manufacturers' Evaluation of Plant and
Equipment Facilities*
Manufacturers' Capacity Utilization
Rates by Major Industry Groups
Percent
92 ALL
Percent of Capital Assets Held by Respondents
Reporting—
MANUFACTURERS
-
88
84
80
-
V^
76
\r
V
MORE CAPACITY NEEDED
-
7? I I I I M I I I I I I I I I I I I I I I I I I M I I I I I I I I I I I I I I I t
1 I 11 I 11 I It I I 11 I 111 I I 11
20
Nondurable Goods
CAPACITY ADEQUATE
20
CAPACITY EXCEEDS NEEDS
X /V
10 -
0
1968
1968
70
72
74
Seasonally Adjusted
76
70
-
—•
>w
/
111111 it 1111 J !111111111 M i l 11
72
74
76
78
* Relative to prospective operations during the ensuing
12-month period.
U.S. Department of Commerce, Bureau of Economic Analysis
U.S. Department of Commerce, Bureau of Economic Analysis
beverage (5 points), paper (2 points),
and nonelectrical machinery (2 points).
Companies owning 31 percent of
manufacturers' fixed assets reported—
as of March 31—a need for more
facilities in light of their current and
prospective sales (table 5 and chart 17);
the 1-point increase from December is
in durable goods. Facilities viewed as
"about adequate" declined 2 points to
61 percent of fixed assets, and those
viewed as exceeding needs increased 1
point to 8 percent.
.
Table 5.—-Manufacturers' Evaluation of Their Plant and Equipment Facilities *
[Percent distribution of gross capital assets]
1977
1976
Sept. 30
Dec. 31
Mar. 31
June 30
1978
Sept. 30
Dec. 31 Mar. 31
More plant and equipment needed:
AH manufacturing
31
Durable goods2
Primary metals. 3
__
Metal fabricators
Nondurable goods 2
Food including beverage.
Chemicals
Petroleum
30
20
34
33
31
44
38
About adequate:
Nonmanufaeturing Programs
All manufacturing..
64
2
Spending by nonmanufaeturing industries rose 8 percent from the fourth
to the first quarter, to a seasonally
adjusted annual rate of $82.7 billion;
this sharp rise followed a 1-percent
decline in the fourth quarter and reflected strong advances for railroads,
airlines, and gas utilities. Small increases are planned for the remainder of
1978: one-half of 1 percent in the second
quarter, 1% percent in the third, and
1 percent in the fourth.
For the year 1978, spending is
61
62
73
58
Durable goods
Primary metals
Metal fabricators 3.
Nondurable goods 2
Food including beverage.
Chemicals..
Petroleum
61
60
60
45
60
Existing plant and equipment exceeds needs:
AH manufacturing
__
Durable goods2
Primary metals
Metal fabricators 3.
Nondurable goods2
Food including beverage.
Chemicals
Petroleum
7
9
11
2
1. According to respondent companies' characterizations of their plant and equipment facilities, taking into account their
current and prospective sales for the next 12 months.
2. Includes industries not shown separately.
3. Includes machinery, transportation equipment, and fabricated metals.
SURVEY OF CURRENT BUSINESS
32
mercial firms plan 7-percent increases.
Electric and gas utilities started new
investment projects totaling $5.1 billion
in the first quarter, compared with $8.0
billion in the fourth quarter of 1977.
Carryover of utility projects was $116.2
billion at the end of March, down from
$118.0 billion at the end of December.
expected to total $83.8 billion, 10.7 percent more than last year. Air transportation plans a 36-percent increase
and railroads plan a 19-percent increase;
both reflect sharp increases in equipment purchases. Communications and
electric utility firms plan 13-percent
increases, and gas utilities and com-
June 19T8
Mining firms expect a 6-percent increase in 1978 spending. "Other transportation" groups expect a 4-percent
decline; it is expected that the decline in
spending due to completion of the
Trans-Alaska pipeline will be partly
offset by increases for water and motor
carriers.
Table 6.—Expenditures for New Plant and Equipment by U.S. Business *
[Billions of dollars]
Seasonally unadjusted
1976
All industries
Manufacturing
Durable goods
Primary metals 3
Blast furnaces, steelworks.
Nonferrous metals
Electrical machinery .
Machinery, except electrical
Transportation
equipment3
Motor vehicles Aircraft*
Stone, clay, and glass
Other durables 6__
Nondurable goods
Food including beverage
Textiles
Paper
Chemicals
Petroleum
Rubber .
...
Other nondurables 8 .
Nonmanufacturing
1977
1978 2
1977
Seasonally adjusted at annual rates
1977
1978
1978
I
II
III
IV
I
II2
III 2
IV 2
I
II
III
IV
I
112
III 2
IV 2
156.84
120.49
135.80
151.05
29.20
33.73
34.82
38.06
32.35
37.43
38.28
42.99
130.16
134.24
140.38
138.11
144.25
148.88
153.83
52.48
60.16
67.28
12.52
14.84
15.60
17.19
13.67
16.37
17.31
19.93
56.43
59.46
63.02
61.41
61.57
65.67
69.44
71.81
23.68
27.77
30.95
5.80
6.79
7.17
8.00
6.36
7.54
7.90
9.14
26.30
27.26
29.23
28.19
28.72
30.42
31.99
32.45
5.97
2.99
2.16
5.68
2.67
2.24
6.00
2.74
2.34
1.19
.58
.46
1.39
.67
.53
1.49
.69
.58
1.61
.74
.66
1.10
.45
.47
1.41
.63
.55
1.55
.69
.62
1.94
.97
.71
5.43
2.76
2.06
5.61
2.70
2.16
5.98
2.83
2.30
5.69
2.46
2.39
5.13
2.20
2.10
5.79
2.59
2.27
6.12
2.78
2.42
3.19
2.54
6.71
2.62
3.28
3.77
.61
.75
,85
1.07
.73
.92
.96
1.16
2.97
3.10
3.45
3.51
3.52
3.82
3.86
3.81
5.03
5.76
6.23
1.30
1.37
1.48
1.61
1.37
1.50
1.54
1.82
6.02
5.46
6.09
5.56
6.15
6.04
6.22
6.48
3.62
2.45
5.32
4.06
1.02
5.84
4.44
1.12
1.05
1.37
1.06
1.41
1.04
1.49
1.16
1.30
1.00
1.41
1.06
1.53
1.16
1.59
1.22
4.53
3.46
5.34
4.12
.94
.24
.30
.28
.25
.28
.30
.29
.84
.96
5.63
4.18
1.17
5.73
4.44
1.08
5.71
4.33
1.15
5.44
4.06
1.11
6.22
4.85
1.10
6.18
4.65
1.17
1.72
4.73
1.99
5.73
2.46
6.65
.51
.56
.50
.60
.60
.75
1.23
1.41
1.43
1.66
1.36
1.70
1.72
1.88
1.91
5.43
1.99
5.75
2.12
5.96
1.94
5.76
2.26
5.94
2.46
6.88
2.45
7.12
2.66
6.61
28.81
32.39
36.34
6.72
8.06
8.43
9.18
7.31
8.83
9.41
10.79
30.13
32.19
33.79
33.22
32.86
35.25
37.45
39.36
3.75
.81
3.27
6.68
4.18
.92
3.36
6.83
4.96
.99
3.54
7.16
.83
.22
.73
1.45
1.03
.24
.82
1.68
1.11
.24
.85
1.72
1.21
.23
.96
1.98
1.05
.24
.67
1.47
1.27
.24
.89
1.76
1.30
.25
.91
1.79
1.34
.26
1.08
2.14
3.72
.88
3.36
6.40
4.05
.98
3.36
6.63
4.30
.94
3.41
7.08
4.58
.87
3.32
7.15
4.80
1.01
3.06
6.53
4.90
.98
3.67
7.05
5.00
.96
3.60
7.25
5.09
1.02
3.70
7.67
11.62
1.10
1.58
13.87
1.45
1.78
15.65
1.81
2.22
2.86
3.48
3.69
3.85
3.03
3.69
4.10
4.82
.26
.37
.35
.47
.39
.44
.45
.50
.36
.47
.46
.53
.47
.59
.52
.63
12.94
1.17
1.66
13.92
1.38
1.89
14.70
1.60
1.75
13.85
1.62
1.81
13.68
1.66
2.10
14.76
1.78
2.11
16.39
1.87
2.38
17.72
1.92
2.24
68.01
75.64
83.76
16.68
18.88
19.21
20.87
18.68
21.06
20.97
23.06
73.74
74.78
77.36
76.70
82.68
83.21
84.39
85.03
1.24
4.24
4.49
4.74
4.50
4.45
4.95
4.84
4.90
2.71
2.57
3.20
2.80
3.35
3.28
3.27
3.46
.80
.20
.42
.49
Mining
4.00
4.50
4.76
1.02
1.16
1.17
1.15
1.07
1.25
1.21
Railroad
Air transportation..
2.52
2.80
3.34
.59
.67
.78
.76
.71
.89
.82
.93
1.30
1.62
2.20
.33
.43
.39
.46
.52
.67
.50
.51
1.62
1.43
1.69
1.76
2.67
2.30
2.02
1.91
Other transportation
Public utilities. . .
Electric
Gas and other _
Communication
3.63
2.51
2.40
.61
.76
.50
.63
.51
.68
.59
.62
2.96
2.96
1.96
2.32
2.44
2.55
2.36
2.24
22.28
18.80
3.47
25.80
21.59
4.21
28.94
24.42
4.52
5.55
4.78
6.37
5.34
1.03
6.61
5.41
1.20
7.28
6.06
1.21
6.15
5.27
7.09
5.97
1.12
7.32
6.14
1.18
8.38
7.04
1.34
25.35
21.19
4.16
25.29
21.14
4.16
26.22
21.90
4.32
26.23
22.05
4.18
27.92
23.15
4.78
28.27
23.70
4.58
29.26
25.04
4.22
30.30
25.64
4.66
13.30
15.45
17.46
3.30
3.86
4.03
4.26
3.97
Commercial and other 7
22.97
24.67
5.27
5.64
5.73
6.33
5.76
10.48
10.54
11.38
20.99
41.86
42.63
42.21
.77
.88
1 Excludes agricultural business; real estate; medical, legal, educational, and cultural
services:
and nonprofit organizations.
2
Estimates are based on planned capital expenditures reported by business in late April
and May 1978. The estimates of expected expenditures for 1978 have been corrected for biases.
The adjustment procedures are described in the February 1970 issue of the SURVEY OF
CURRENT BUSINESS. Before adjustment, plans were $153.28 billion for all industries, $69.35
billion for manufacturing, and $83.93 billion for nonmanufacturing.
3
14.19
15.32
16.40
15.82
17.07
22.67
22.73
23.14
23.27
24.76
Includes industries not shown separately.
* Includes guided missiles and space vehicles.
*6 Consists of fabricated metal, lumber, furniture, instruments, and miscellaneous.
7 Consists of apparel, tobacco, leather, and printing-publishing.
Consists of trade, service, construction,finance,and insurance.
By GARY L. RUTLEDGE, FREDERICK J. DREILING, and BETSY C. DUNLAP
Capital Expenditures by Business
for Pollution Abatement,
1973-77 and Planned 1978
BUSINESS spent $6.9 billion in 1977
for new plant and equipment to abate
air and water pollution and to dispose
of solid waste—a 3-percent increase
from 1976—and plans another 3-percent
increase to $7.2 billion in 1978 (table
I). 1 These results are based on the
survey conducted by BEA in November
and December of 1977. Such spending
was about 5 percent of total new plant
and equipment spending in 1977 and is
expected to fall to 4.7 percent in 1978.
Over the period 1973-76, the share was
nearly 5}£ percent.
In 1977, air, water, and solid waste
shares of capital expenditures for pollution abatement were 53 percent, 40 percent, and 7 percent, respectively;
similar shares are expected in 1978.
Over the period 1973-76, the shares
were 58 percent, 36 percent, and 6 percent, respectively.2
Business has allocated about 20 percent of air and water capital pollution
NOTE.—Research on pollution abatement
regulations and their effects on major industries was done by Frederick G. Kappler,
William J. Russo, and Susan L. Trevathan.
Mary C. Baker provided statistical assistance.
1. Agricultural business; real estate; medical, legal, educational, and cultural services; and nonprofit organizations are
excluded from these estimates. Pollution abatement operating costs are' also excluded. Information on both capital
expenditures and operating costs for pollution abatement
and control by business, government, and consumers is
presented in "Pollution Abatement and Control Expenditures, 1972-76," February 1977 SURVEY OF CURRENT
BUSINESS.
Business capital expenditures for pollution abatement are
universe extimates based on sample data from the BEA new
plant and equipment expenditures survey. The sample
data are from reports submitted by companies, not from
separate reports for plants or establishments; a company's
capital expenditures for pollution abatement are assigned to
a single industry in accordance with the industry classification of the company's principal products.
abatement expenditures (PAE) to
changes-in-production-process methods
in each year since 1973 (table 2).3 Some
experts had expected a steady increase
in the share of expenditures allocated
to this type of abatement, but end-ofline treatment has retained its dominant
share.
The estimates in this article are not
adjusted for price changes. Capital
goods prices, as measured by the implicit price deflator for fixed nonresidential investment in the national
income and product accounts, rose 5
percent in 1977. If prices of pollution
abatement capital behaved similarly,
real spending by business for abatement declined nearly 3 percent in 1977.
If survey respondents expect prices
of pollution abatement capital to rise
this year at about the same rate as
last year, a similar decline is indicated.
Changes in Spending Levels,
1977 and 1978
13-percent increase in total spending
for new plant and equipment.4 The
increase in capital PAE was well below
the 11 percent reported as planned
last year. The 3-percent increase
planned for 1978 compares with a
planned 10-percent increase in total
new plant and equipment spending.
Electric utilities increased air, water,
and solid waste capital PAE in 1977
$281 million—more than accounting
for the $177 million increase for all
industries. Manufacturing decreased air,
water, and solid waste spending $100
million; nonmanufacturing excluding
electric utilities decreased spending
slightly. Plans for 1978 show similar
CHART 18
New Plant and Equipment Expenditures
for Air, Water, and Solid Waste Pollution
Abatement*
Billion $ (ratio scale)
The 3-percent increase in all-industry
capital PAE in 1977 compares with a
2. Estimates of business capital spending in 1973 for solid
waste collection and disposal are published in this article for
the first time. The 1973 survey, unlike those following, did
not cover such expenditures, but estimates have been prepared by BEA, based on an analysis of trends in such
spending after 1973.
3. Changes-in-production-process methods involve the
modifications of existing production processes or the substitution of new processes to reduce or eliminate the pollutants
generated. The other kind of methods—end-of-line—involves
the separation, treatment, or reuse of pollutants after they
are generated but before they are emitted from the firm's
property. Solid waste capital PAE is not allocated between
the two methods.
4. Although capital PAE grew slowly in 1977, the stock of
abatement capital net of depreciation grew significantly
because capital PAE greatly exceeded depreciation. A
preliminary estimate of depreciation at replacement cost
was made for 1977 by extending the abatement capital spending series back before 1973 and using the perpetual inventory
method.
2
-
1973
•Planned
1974
1975
1976
1977
1978
•Solid waste is not shown separately because it is a small part of the total
U.S. Department of Commerce, Bureau of Economic Analysis
78-6-18
33
266-014 O - 78 - 5
SUEVEY OF CUEEENT BUSINESS
34
patterns: Electric utilities expect to
increase capital PAE $244 million,
compared with a planned $29 million
decrease by all other industries.
Of industries spending $200 million
or more for antipollution capital, the
largest percentage changes in 1977
were: "other durables" manufacturing,
up 18 percent; electric utilities, up
14 percent; and paper, chemicals, and
petroleum, each down 8 percent. In
1978, the largest planned percentage
changes are: motor vehicles, up 47 percent; food-beverage, up 22 percent;
steel, up 14 percent; electric utilities,
up 11 percent; and paper and nonferrous metals, down 25 and 24 percent,
respectively.
Spending fell short of plans in 1977
by $573 million, similar to the shortfall
a year earlier ($584 million). The short-
fall in 1977 was large for water pollution abatement capital spending, $374
million. By major industry group, it
was large for manufacturing, $454
million. In 1977, as in earlier years, the
percentage shortfall in capital PAE
was larger than in total plant and
equipment spending; uncertainties and
delays associated with permits and
approvals for pollution abatement
spending projects may explain the large
shortfall.
June 1978
from year to year. A 7-percent increase
in 1974 and a 17-percent increase in
1975 were followed by 3-percent increases in both 1976 and 1977 (chart
18).
Three major factors are reflected in
the year-to-year pattern. First, expenditures for abatement must accompany
expenditures for many types of production facilities, and so capital PAE rises
or falls with expenditures for new or
expanded facilities. This complementary relationship is complicated by
government deadlines for pollution
abatement—the second factor. As
abatement deadlines approach, substitution of capital PAE for other capital
expenditures is likely; the opposite
substitution is likely immediately following deadlines. The third factor is the
pattern of prices. There is, as yet, no
Trends in Spending, 1973-77
All-industry trends
Capital PAE increased from $5,238
million in 1973 to $6,939 million in 1977.
The increase averaged 7 percent per
year, but showed substantial variation
Table 1.—New Plant and Equipment Expenditures by
[Millions of
1973
1974
Pollution abatement
Pollution abatement
Total 2
All industries..
Total
Air
Water
1975
Solids
waste
Total 2
Total
Air
Water
Pollution abatement
Solid
waste
Total 2
Total
Water
Air
Solid
waste
100,076
5,238
3,176
1,762
301
111,919
5,617
3,343
1,876
398
113,489
6,549
3,790
2,362
396
38,003
3,311
2,050
1,103
158
45,795
3,656
2,153
1,251
252
48,314
4,475
2,494
1,736
245
19,389
1,646
1,207
372
67
22,669
1,648
1,115
437
95
22,046
1,775
1,161
529
85
Primary metals *
Blast furnaces, steelworks.
Nonferrous metals
3,481
1,407
1,679
830
234
535
712
163
492
101
67
31
17
4
13
4,805
2,030
2,292
798
245
500
620
160
409
143
70
71
35
15
19
5,892
2,926
2,267
1,012
396
546
750
261
425
221
135
82
41
1
Electrical machineryk
Machinery, except electrical.
Transportation equipment 4 .
Motor vehicles
Aircraft«
2,895
3,478
144
85
44
52
85
28
15
5
3,060
4,264
68
37
2,327
4,736
136
83
34
40
93
37
187
159
21
96
81
11
74
62
10
17
16
1
3,826
2,812
766
67
55
10
128
27
50
38
11
11
13
3,063
2,244
531
207
77
140
115
22
24
23
1
3,387
2,206
915
116
86
26
51
35
14
50
38
11
15
13
1
Stone, clay, and glass..
Other durables 6
1,503
4,969
148
252
123
180
22
63
4
9
1,483
5,231
191
235
174
150
14
76
1,389
4,315
198
229
164
122
31
97
Manufacturing
Durable goods
18,614
1,666
731
92
23,126
2,008
1,037
814
157
26,268
2,700
1,333
1,208
3
10
160
Food including beverage..
Textiles
Paper..
Chemicals
3,048
787
1,893
4,324
160
31
369
439
68
9
174
203
84
20
181
213
9
2
14
23
3,206
849
2,546
5,628
150
28
'491
469
56
10
308
192
85
15
158
246
10
3
25
30
3,383
680
2,908
6,300
175
31
489
684
71
15
273
250
92
15
189
394
12
1
27
40
Petroleum
Rubber
Other nondurables 7_.
5,409
1,567
1,586
592
52
23
352
26
12
203
23
37
4
3
7,868
1,475
1,554
796
47
28
416
33
21
296
11
4
84
2
3
10,497
1,037
1,463
1,239
41
41
684
25
14
483
14
22
72
2
62,073
1,927
1,126
143
66,124
1,961
1,190
624
147
65,175
2,074
1,296
626
152
Mining
2,759
101
41
10
3,097
57
24
25
3,823
73
32
31
10
Railroad
1,939
17
5
1
2,484
29
12
14
2,539
35
11
21
3
Air transportation
2,413
16
12
1
1,970
7
4
2
1,841
11
Other transportation.
1,605
12
6
1
2,034
46
11
28
2,901
41
Public utilities..
Electric
Gas and other.
19,087
16,250
2,837
1,543
1,498
45
92
89
3
20,597
17,649
2,948
34,270
239
1,622
1,578
44
201
1,031
1,011
20
108
499
477
22
56
20, 313
17,030
3,283
Communication, commercial, and other 8 .
921
906
15
142
1,700
1,650
50
214
Nondurable goods.
Non manufacturing
7
659
50
11
4
5
530
503
27
58
* Less than $500,000.
1. Excludes agricultural business; real estate; medical, legal, educational, and cultural
services; and nonprofit organizations. Pollution abatement operating costs are also excluded.
2. Estimates of total new plant and equipment expenditures are based on the same surveys
35,942
33,758
4
1
12
19
10
1,138
1,123
16-
466
438
28
97
84
96
89
6
33
as the estimates of pollution abatement expenditures: expenditures for each year except 1978
are based on the survey conducted in November and December of those years. Plans for 1978
are obtained from the survey conducted in November and December 1977.
3. The 1973 BE A survey did not cover solid waste disposal; estimates of 1973 solid waste
SURVEY OF CUEEENT BUSINESS
June 1978
price index for capital PAE. However,
prices—as measured by the implicit
price deflator for fixed nonresidential
investment—rose rapidly in 1974 and
1975 and decelerated thereafter, and,
to the extent that prices of capital PAE
and the deflator behave similarly, this
pattern is reflected in the pattern of
capital PAE.
It is possible to isolate the effect of
deadlines on capital PAE from the
effect of the complementarity factor by
analyzing changes in the ratio of capital
PAE to new plant and equipment expenditures.5 The ratio for total capital
5. Because of the complementarity of the two kinds of
capital, both the numerator and denominator of this ratio
tend to change in the same direction; thus the ratio tends to
change substantially only if pollution abatement deadlines
are encountered. To the extent that the prices of capital
PAE and new plant and equipment expenditures behave
similarly, the price effects in the numerator and denominator
tend to cancel.
PAE declined slightly in 1974, increased in 1975, and has declined since
(chart 19). This pattern suggests that
the schedule of regulatory deadlines
was probably the principal cause of
the deceleration of capital PAE increases after 1975. Further, the ratio
for air capital PAE increased in 1975—
the year of a major air pollution abatement deadline. In contrast, the ratio
for water capital PAE increased in
1975 and 1976 and decreased in 1977—
the year of a major water pollution
abatement deadline. For reasons that
will be discussed, business apparently
reacted differently to the air deadline
than to the water deadline.
The 1975 air deadline.—The 1970
Clean Air Act Amendments made
compliance with national primary ambient air quality standards mandatory
35
by May 1975.6 The May 1975 deadline
might be expected to have affected
capital PAE before 1975, because
capital spending projects are usually
phased so that most expenditures are
before the final months of project
completion. However, air capital PAE
as a proportion of total new plant and
equipment decreased in 1974 and increased 12 percent in 1975.
The severity and certainty of the
penalties for violation of the deadline,
as well as the speed with which it
would be enforced were unclear. According to the 1970 amendments, civil
court actions against individual violators were to be for "appropriate
6. Primary standards are set at a level to protect the public
health; secondary standards are set at a level to protect the
value of other resources. Ambient standards pertain to air
quality typical in an area or region; they are in contrast to
standards for air quality at points of emission of air pollutants.
U.S. Business: Total and for Pollution Abatement l
dollars]
Pollution abatement
Pollution abatement
Total 2
Total
Water
Air
Planned 1978
1977
1976
Total 2
Solid
waste
Total
Water
Air
Pollution abatement
Solid
waste
Total 2
Total
Water
Air
Solid
waste
121,232
6,762
3,593
2,743
426
137,017
6,939
3,693
2,785
461
150,891
7,154
3,651
2,192
591
52,979
4,382
2,105
1,993
284
61,026
4,282
2,032
1,993
258
67,350
4,159
1,930
1,898
331
23,595
1,560
952
537
72
28,258
1,668
941
636
91
31,567
1,734
953
674
107
5,883
2,954
2,139
923
446
405
661
272
323
250
173
71
12
1
11
5,893
2,815
2,246
927
470
383
607
282
262
295
182
103
26
5
19
6,162
2,745
2,502
888
534
291
578
330
196
282
192
81
28
12
14
2,640
5,026
148
80
44
40
86
30
19
10
3,298
5,859
111
104
51
30
65
49
15
5
3,717
6,771
128
123
40
48
72
65
16
10
3,689
2,484
983
125
90
32
53
32
20
51
39
11
21
19
2
5,274
4,022
1,004
163
142
21
58
49
9
74
63
11
31
30
1
5,960
4,484
1,239
236
209
26
88
76
11
113
102
11
36
31
4
1,675
4,682
103
181
25
95
5
5
2,039
5,895
149
213
4
10
2,330
6,627
48
93
8
9
1,456
212
32,768
2,615
1,357
167
35,783
170
189
2,425
114
86
2,821
107
88
1,091
39
116
29,384
74
81
1,153
977
1,224
224
3,903
841
3,473
6,723
175
37
511
765
90
11
182
287
75
24
304
433
10
2
25
45
4,154
933
3,397
6,902
176
35
468
701
71
11
188
249
96
23
256
414
8
1
23
38
4,592
1,048
3,640
7,378
214
37
349
682
78
11
132
256
114
20
192
376
22
7
26
51
11, 744
1,093
1,607
1,275
37
23
554
20
9
594
14
11
126
3
2
14,185
1,442
1,755
1,167
47
21
531
31
9
546
12
9
90
4
2
15,347
1,619
2,159
1,074
48
21
458
30
12
500
16
7
116
1
2
68,253
2,381
1,488
750
142
75,991
2,657
1,661
792
204
83,541
2,995
1,721
1,014
260
3,972
86
47
29
10
4,442
97
38
32
27
5,269
161
59
54
47
2,348
27
8
17
2
2,899
28
4
23
2
3,339
46
1
44
1
1,324
16
12
2
2
1,681
14
12
1
1
2,167
19
14
4
1
3,585
38
11
26
1
2,411
23
11
10
2
1,883
17
4
12
1
22,437
18,942
3,495
2,032
1,990
42
1,332
1,312
20
600
579
21
100
99
1
26,138
21,743
4,395
2,300
2,271
30
1,525
1,514
11
654
636
18
121
121
1
29,269
24,254
5,015
2,556
2,515
40
1,571
1,557
14
833
807
26
151
151
34,587
182
79
76
27
38,420
195
73
72
51
41,614
198
72
67
expenditures are based on analysis of trends in sample data obtained after 1973.
4. Includes industries not shown separately.
5. Includes guided missiles and space vehicles.
6. Consists of fabricated metal, lumber, furniture, instruments, and miscellaneous.
7. Consists of apparel, tobacco, leather, and printing-publishing.
8. Consists of communication, trade, service, construction,finance,and insurance.
C)
59
SURVEY OF CURRENT BUSINESS
36
relief, including permanent or temporary injunction." 7 Because the Federal standards involved were for ambient quality, the certainty of penalty
and the speed with which penalty
would follow violation were also unclear. Each state was to allocate to
individual industrial sites the responsibility for achieving the required level
of ambient quality and submit a State
Implementation Plan (SIP) to the Environmental Protection Agency (EPA).
The SIP's were to detail the allocation procedures and time tables for
reducing pollutant emissions at sites
necessary to achieve the Federal stand7. Penalties associated with civil court action were probably
the main threat to violators of the 1975 deadline; criminal
court action was less likely to succeed and therefore seldom
taken. Also, there were penalties that did not result from
court actions. For example, air quality regions not able to
meet ambient standards were subject to more stringent
Federal rules governing expansion of production facilities
than regions meeting standards.
ards. Frequency and amount of pollutant emissions, typical weather patterns, chemical reactions of pollutants
after emission, and location (dispersion
or concentration) of sites were involved,
as were issues of fairness and cost of
alternative allocations, but the 1970
amendments did not address all of
these considerations. It was difficult to
allocate responsibility to individual
sites and, once allocated, it was difficult
to translate responsibility into air pollutant emission limits. Companies were
cooperative with State and Federal
regulators in order to avoid risk of court
action, but the 1975 deadline did not
provide sufficient incentive for early
implementation. Thus, most of the
13-percent increase in air capital PAE
in 1975 was probably due to the 1975
air deadline and the uncertainty of
June 1978
enforcement may have delayed preparation for the deadline.
The 1977 water deadline—-The 1972
Federal Water Pollution Control Act
Amendments required the use of the
"best practicable technology" (BPT)
by July 1977. In contrast with air
capital PAE, water capital PAE expenditures increased before the deadline : As a proportion of total new plant
and equipment, they increased 24 percent in 1975 and 9 percent in 1976,
compared with decreases in other years.
The 1972 amendments provided for
significant daily fines or for permanent
or temporary injunction as a result of
successful civil court actions against
violators. Because th6 1977 deadline
was for BPT and not for level of
ambient quality, assignment of responsibility to specific industrial sites for
Table 2.—New Plant and Equipment Expenditures by U.S. Business for the Abatement of Air and Water Pollution by
Changes-in-Production-Process l
[Millions of dollars]
1973
Total
All industries
Air
Water
Total
Air
Water
Total
Air
Water
Total
Air
Planned 1978
1977
1976
1975
1974
Water
Total
Air
Water
Total
Water
Air
1,169
724
444
1,094
656
439
1,132
672
459
1,238
596
642
1,330
696
634
1,298
644
654
712
446
266
540
359
180
734
457
277
892
395
497
885
426
459
827
398
429
321
220
101
335
233
102
272
184
88
218
153
66
259
150
109
270
162
108
112
75
29
82
56
19
29
19
9
137
36
95
116
31
74
21
21
123
29
85
100
20
71
23
9
14
124
73
35
96
58
23
29
15
12
136
74
45
85
53
17
51
21
29
142
86
41
86
56
17
55
31
24
35
36
14
24
21
12
83
14
30
9
53
6
38
8
10
3
28
4
32
6
27
4
5
3
9
12
3
8
6
4
17
14
7
8
10
6
37
35
20
19
17
16
17
10
7
9
7
2
8
3
5
9
6
3
5
3
1
5
3
2
14
10
3
8
7
1
5
3
2
52
49
3
28
27
1
25
22
3
54
51
3
33
32
2
21
19
2
50
52
42
37
8
15
44
41
41
28
3
12
51
43
41
25
10
19
14
28
13
5
1
23
13
37
13
13
24
17
26
15
13
3
13
391
226
165
205
126
78
462
274
188
674
243
432
625
276
350
556
236
321
49
11
14
149
25
3
7
88
24
8
7
61
18
3
7
67
8
2
6
32
10
1
2
35
28
4
26
123
15
2
21
54
13
1
5
68
35
2
100
188
16
1
48
65
19
44
3
104
157
28
3
44
52
15
60
105
40
4
50
145
21
3
19
50
20
1
31
95
151
12
5
94
6
4
57
6
1
102
6
2
74
3
2
28
2
276
5
2
175
5
2
101
(*)
(*)
343
(*)
6
110
(*)
2
233
4
308
6
4
143
4
2
165
2
2
312
3
3
140
2
2
172
1
1
457
278
179
555
296
258
398
215
183
346
201
145
445
270
175
471
246
225
20
15
5
11
4
6
19
8
11
16
5
10
15
5
10
36
9
Railroad
Air transportation
5
3
2
6
3
3
5
2
3
5
4
1
1
1
1
1
2
2
2
1
3
3
1
3
2
1
2
1
Other transportation
4
3
1
8
5
4
8
4
4
4
3
1
1
1
4
1
3
386
372
14
226
223
3
160
149
11
485
469
16
260
257
3
225
212
13
334
314
20
187
184
3
147
130
17
274
255
19
160
152
8
114
103
11
378
364
14
233
231
3
145
134
11
381
362
20
207
204
3
174
158
16
41
31
10
43
24
19
32
14
18
45
28
17
47
28
19
48
27
21
Manufacturing
Durable goods . . . .
Primary metals2.
Blast furnaces, steelworks.
Nonferrous metals
Electrical machinery .
Machinery, except electrical.
Transportation equipment 2.
Motor vehicles
Aircraft 3._
Stone, clay, and glass
Other durables *
Nondurable goods
Food including beverage
Textiles
Paper.
Chemicals
Petroleum
Rubber
Other nondurables 5 ...
Non manufacturing..
Mining
Public utilities
Electric
Gas and other
Communication,
commercial,
and other 6
(*)
(*)
(*)
(*)
O
(*)
(*)
* Less than $500,000.
1. End-of-line estimates can be derived by subtracting estimates in this table from those
in table 1.
2. Includes industries not shown separately.
3.
4.
5.
6.
(*)
52
123
(*)
(*)
(*)
27
(*)
Includes guided missiles and space vehicles.
Consist^ of fabricated metal, lumber, furniture, instruments, and miscellaneous.
Consists of apparel, tobacco, leather, and printing-publishing.
Consists of communications, trade, service, construction,finance,and insurance.
(*)
SUEVEY OF CUEEENT BUSINESS
June 1978
reducing or limiting emissions was
relatively straightforward. Further, the
1972 amendments provided for a permit
system that became a mechanism of
setting limits on emissions and facilitated checking that limits were not
being exceeded. Industry-by-industry
guidelines for BPT were issued by
EPA as early as 1973, and most were
issued in 1974 and 1975—allowing
companies time before 1977 to purchase
and install BPT. The few variances that
were granted were pollutant- and sitespecific. Thus, most of the 26-percent
increase in water capital PAE in 1975
and 16 percent in 1976 was probably
due to the 1977 water deadline and the
timing of the increases reflected the
way it was enforced.
Other deadlines.—Air quality regions
now excepted from 1975 air standards
must meet 1975 standards in 1982.
Major water pollution abatement deadlines will occur in 1984 when "best
available
technology
economically
achievable" (BATEA) will be required
for "toxic" and "conventional" pollutants and in 1987 when BATEA will
be required for "nonconventional" pollutants. Thus, government regulations
currently in effect probably will not
CHART 19
Percent of New Plant and Equipment
Expenditures for Air, Water, and Solid
Waste Pollution Abatement *
be major stimulants for capital PAE
in 1978 and 1979.
Major industry trends
The six industries with the largest
expenditures for pollution abatement
over the period 1973-77 were electric
utilities, petroleum, chemicals, nonferrous metals, paper, and steel. These
industries accounted for 76 percent
of capital PAE since 1973. Of these six
industries, two—electric utilities and
steel—increased
expenditures continually over the period; these industries
will be discussed below. The others—
petroleum,
chemicals,
nonferrous
metals, and paper—either decelerated
or declined after 1975 or 1976 (chart
20).
The pollution problems of electric
utilities are mainly those encountered in
using various energy sources to generate
electricity. Over the period 1973-77,
46 percent of total electricity production was from coal, 16 percent from oil,
and the remainder from other (gas,
nuclear, and hydroelectric) sources. By
far, the major air pollution problems
were emissions of particulates and
sulfur oxides, and the major water pollution problem was the discharge of
waste heat.
Electric utilities increased air, water,
and solid waste capital PAE an average
of 11 percent per year in 1973-77;
annual increases for the total and for air
and water, separately, are shown in the
accompanying tabulation.
Total
1974
1975
1976
1977
-
1973
•Planned
1974
1975
1976
1977
1978
*Solid waste is not shown separately because it is a small part of the total.
U.S. Department of Commerce, Bureau of Economic Analysis
78_619
CHART 20
New Plant and Equipment Expenditures
for Air, Water, and Solid Waste
Pollution Abatement by Selected
Industries
Billion $ (ratio scale)
ELECTRIC UTILITIES
PETROLEUM
_ CHEMICALS
NONFERROUS METALS
[Percent change from preceding year]
Percent (ratio scale)
10
2
37
5.3
4.6
20.6
14.1
Air
11.6
11.1
16.8
15.4
Water
-5.2
-8.2
32.2
9.8
Air and water pollution abatement
capital spending increased significantly
in 1976 and 1977 when total capital
spending by electric utilities increased
11 percent and 15 percent, respectively.
Prior to 1976, a significant segment of
the industry resisted the use of wet
scrubbers for sulfur oxides control;
lessened resistance may have contributed to stronger air capital PAE in
1976 and 1977. The dramatic rise in
water capital PAE in 1976 was probably
in preparation for the 1977 water deadline.
PAPER
.4
-
1973
1974
1975
1976
• Planned
U.S. Department of Commerce, Bureau of Economic Analysis
1977
1978
78-6 20
SUEVEY OF CUEEENT BUSINESS
38
Steel increased capital PAE an average of 19 percent per year in 1973-77;
annual increases for the total and for
air and water, separately, are shown in
the accompanying tabulation. The timing of the largest increases for air and
water is consistent with the 1975 air
and 1977 water deadlines, even though
many steelmaking establishments of
steel companies have not achieved
compliance. Part of the explanation for
the consistency is that steel companies
are often diversified, so that the spending patterns reflect spending by establishments not engaged in making steel.
[Percent change from preceding year]
Total
1974
1975
1976.
1977
4.7
61.6
12.6
5.4
Water
Air
4.5
92.9
28.1
5.2
-1.8
63.1
4.2
3.7
Compliance by many steelmaking
establishments with the 1975 air deadline has not been achieved for a variety
reasons: Steel companies have delayed implementation through litigation, Federal courts have stayed
critical portions of some SIP's, some
States delayed in their SIP the date of
compliance for steelmaking establishments, and the EPA is still reviewing
parts of some SIP's dealing with steelmaking establishments. Compliance
with the 1977 BPT water deadline has
June 1978
not been achieved because steel companies contested BPT guidelines
(Federal courts remanded some guidelines for further work, and some
disputes are unsettled), and EPA
granted some steelmaking establishments a special exemption from the
national effluent standards.
potheses about all closings over the
1974-77 period in which pollution
abatement was a factor. First, most
permanent closings involving pollution
problems did not occur solely because
of pollution abatement requirements.
Out of 131 permanent closings, 98 involved other factors (outdated facilities,
rising costs, declining sales, etc.) as well.
Second, the number of permanent closings fell after 1975 when general economic conditions improved. There were
34 permanent closings reported in 1974
and 63 in 1975, but only 23 in 1976
and 11 in 1977; 13 are planned for 1978.
Third, air pollution requirements contributed to more permanent closings
than water pollution requirements, possibly because of a combination of the
1975 air deadline and the slack economic
conditions in 1974 and in early 1975.
Air pollution problems were cited in
permanent closings almost twice as
often as water pollution problems.
Facility Closings
For the fourth year, companies on
the BEA plant and equipment survey
panel were asked if they had closed (or
planned to close) a production facility
because of pollution abatement requirements.8 Less than one-half of 1 percent
of the survey respondents closed a
facility in 1977. Twelve facilities in
1977 were permanently or temporarily
closed—about half the number reported in 1976 (table 3). Fourteen
closings are planned for this year.
Although estimates of national totals
of facilities closed would be useful, the
data do not permit such estimates.9
Nonetheless, the sample results are
interesting because they suggest hy8. The survey question is: "Has your company closed a
facility in 1977 or does it plan to close a facility in 1978 where
pollution abatement requirements are a contributing factor
in the closing?" The companies that answered "yes" were
telephoned to determine the extent to which pollution
abatement requirements and other factors contributed to
each closing. Over the 4 years, 92 percent of the survey respondents who reported closings supplied additional
information.
9. Benchmark data for the BEA new plant and equipment
expenditures survey are for companies instead of facilities
(establishments or parts of establishments) and do not include closings data.
Plant closings are a controversial subject, on which work
has been limited. The EPA monitors closings in which
environmental regulations were a significant factor and maintains records for closings involving 25 or more employees.
The term environmental regulations used by EPA is more
inclusive that the term pollution abatement regulations
used by BEA. On the other hand, the 25-or-more-employee
cutoff used by EPA is less inclusive than that of BEA.
EPA and the Council on Environmental Quality have
tended to interpret EPA data as approximating a total (in
contrast to a sample) of closings.
Table 3.—Facility Closings Involving Pollution Abatement Requirements
Planned
1978
1974
1976 1
1977
142
42
65
23
12
14
24
41
19
8
131
34
63
23
11
13
19
40
19
7
98
33
2fi
47
16
17
6
g
3
12
1
16
3
32
8
14
5
6
1
2
0
1
1
5
1
0
1
11
1. Three facilities classified as temporary closings last year have been converted to permanent closings.
1975
00
Temporary closings
1977
Planned
1978
1974
1975
1976
1977
Planned
1978
6
18
24
4
4
15
23
4
4
5
b-
Establishment
Facility within an establishment
1976
OO
Permanent closings
1975
CO
Sample closings
1974
Nonmanufacturing
Manufacturing
All industries
OO
All
actual
closings
1974-77
1
10
5
15
8
3
1
2
2
5
0
0
3
1
0
0
1
By The Regional Economic Measurement Division
Revised County and Metropolitan Area
Personal Ineome
A he estimates of personal income for
local areas presented in this issue of
the SURVEY have been revised to
incorporate the definitional and classificational and the statistical changes
already incorporated in the State and
national personal income estimates.1
Total and per capita income for the
266 Standard Metropolitan Statistical
Areas (SMSA's) are shown in table 1
for 1969, 1974, 1975, and 1976. Total
and per capita personal income for the
3,138 counties (including the inde1. The revisions of the State and national estimates are
discussed in the SURVEY OF CURRENT BUSINESS, August
1977 and January 1976, Part I, respectively.
/
pendent cities of Virginia, the parishes
of Louisiana, and the census divisions
of Alaska) for 1969, 1975, and 1976
are shown in table 2.
Personal income by type of payment
and labor and proprietors' income by
major industry group (as shown in
table A) are presently available for
Table A.—Example of Available Data for Local Areas
Personal income by major sources 1971-76 (thousands of dollars)
Hamilton, Ohio
19711
19721
19731
19741
19752
1976 2
Labor and proprietors' income by place of work
By type:
Wage and salary disbursements 3
Other labor income..
Proprietors' income *
Farm
Nonfarm 4
3,487,982
234,790
267,015
1,807
265,208
3,767,992
258,627
284,576
2,863
281,713
4,161,954
297,887
267,081
2,865
264,216
4,510,455
334,718
267,842
4,745
263,097
4,739,882
383,310
284,615
7,000
277,615
5,118,752
446,815
316,739
7,811
308,928
3,035
3,986,752
3,570,662
3,729
2,881
225,260
4,228
4,306,967
3,863,316
3,767
3,420
257,966
4,592
4,722,330
4,220,242
4,230
3,828
275,294
6,742
5,106,273
4,561,318
4,971
5,548
274,815
9,507
5,398,300
4,747,687
5,208
5,030
277,658
10,688
5,871,618
5,239,160
5,903
5,325
288,179
1,482,572
677,485
805,087
1,560,486
717,927
842,559
1,765,508
776,376
989,132
1,919,467
837,506
1,081,961
1,951,926
882,541
1,069,385
2,178,832
974,712
1,204,120
338,983
322,061
385,271
226,672
583,233
361,219
350,214
424,453
246,228
655,563
391,623
383,785
451,763
248,668
695,543
398,569
427,203
494,520
261,265
774,960
403,841
454,333
513,481
281,093
855,117
435,081
501,834
577,923
308,491
937,592
416,090
114,788
7,093
294,209
443,651
111,248
7,801
324,602
502,088
117,595
8,566
375,927
544,955
130,446
9,858
404,651
650,613
156,369
10,239
484,005
632,458
177,784
10,811
443,863
By industry:
Farm
Nonfarm
Private
Agricultural services, etc., and other *
Mining
".
Construction
Manufacturing
Nondurables..
Durables.
_
Transportation and public utilities
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
Government and government enterprises
Federal, civilian.
Federal, military..
State and local
Derivation of personal income b y place of residence
Total labor and proprietors' income by place of work..
Less: Personal contributions etc., b y place of work..
Net labor and proprietors' income b y place of w o r k . . .
Plus: Residence adjustment
Net labor and proprietors' income by place
of residence.
Plus: Dividends, interest, and rent fl
Plus: Transfer payments. _
_
3,989,787
172,948
3,816,839
-732,299
3,084,540
669,364
406,684
4,311,195
189,735
4,121,460
-795,840
3,325,620
722,247
447,619
4,726,922
228,787
4,498,135
-889,130
3,609,005
754,124
513,031
5,113,015 5,407,807
283,971
267,833
4,845,182 5,123,836
-974,569 -1,031,004
3,870,613 4,092,832
922,074
854,247
729,691
604,997
5,882,306
300,329
5,581,977
-1,122,753
4,459,224
1,021,589
808,088
Personal income b y place of residence
Per capita income (dollars)
Total population (thousands)
4,160,588
4,506
923.3
4,495,486
4,913
915.0
4,876,160
5,337
913.6
5,329,857
5,884
905.9
5,744,597
6,451
890.5
6,288,901
7,149
879.7
1. Estimates based on 1967 S T C .
2. Estimates based on 1972 STC.
3. Primary source for private nonfarm wages: Covered wages—Division of Research and Statistics; Ohio Bureau of Employment Services, Columbus.
4. Includes capital consumption adjustment for nonfarm proprietors.
5. Includes wages and salaries of U.S. residents working for international organizations.
6. Includes capital consumption adjustment for rental income of persons.
39
40
SUEVEY OF CURRENT BUSINESS
SMSA's and counties on a revised
basis for 1969-76 and can be obtained
from the Regional Economic Measurement Division (REMD) of the Bureau
of Economic Analysis. The estimates
by industry for 1975 and 1976 are based
on the 1972 Standard Industrial Classification (SIC). Estimates for years
prior to 1975 remain on the 1967 SIC
basis. Estimates for 1975 on the 1967
SIC basis will be available from REMD
at a later date to provide an overlap
for the construction of an approximately
consistent time series and for analysis
of the impact of the SIC change on the
industry detail.
The per capita figures should be used
with caution for several reasons. In
many instances, an unusually high (or
low) per capita income is the temporary
result of unusual conditions, such as a
bumper crop, a major construction
project (e.g., a defense facility, nuclear
plant, or dam), or a catastrophe (e.g.,
a tornado or drought). In some cases,
a high per capita income is not representative of the standard of living in an
area. For example, a construction project may attract a large number of highpaid workers who are included in the
population but who send a substantial
portion of their wages to dependents
living in other areas. Conversely, a
county with a large institutional population (e.g., residents of a college,
correctional institution, or domiciliary
medical facility) may show an unusually
low per capita income, which is not
necessarily indicative of the economic
well-being of the noninstitutional population. Moreover, population is measured at midyear whereas income is
measured as a flow over the year.
Therefore, a significant change in population during the year, particularly
around midyear, can cause a distortion
in the per capita figures.
Definition and uses of personal
income
Personal income is the current income
received by residents of an area from
all sources. It is measured before deduction of income and other personal taxes,
but after deduction of personal contributions for social security, government
retirement, and other social insurance
programs. It consists of wage and salary
disbursements, various types of supplementary earnings termed "other labor
income," proprietors' income, rental
income of persons, dividends, interest,
and government and business transfer
payments.
The definitions underlying the local
area series are, for the most part, the
same as those underlying the personal
income series in the national income and
product accounts. The major difference
is in the treatment of U.S. citizens
temporarily working on assignment
abroad. The national series includes not
only Federal personnel—civilian and
military—stationed abroad, but also—
since the 1976 benchmark revisions—
U.S. residents employed by private U.S.
firms on temporary foreign assignment.
The State and local area series include
only persons working and/or residing in
the 50 States and the District of Columbia. (The special case of border workers
is discussed in the section on the residence adjustment.)
Per capita personal income is the
total personal income of residents
divided by the resident population. It
serves as an indicator of the nature of
consumer markets and of the well-being
of the residents of an area.
Revisions in personal income
components
In this section, each component of
personal income is defined and the
major revisions affecting it are highlighted.
Wage and salary disbursements.—
Wage and salary disbursements consist
of monetary remuneration of employees, including compensation of corporate officers; commissions, tips, and
bonuses; and receipts in kind that
represent income to the recipients.
Retroactive wages are counted when
paid rather than when earned.
A major classificational revision affecting the wage and salary component
is the reclassification of military reserve
pay from other labor income to military
wages and salaries. This reclassification
makes the treatment of military reserve
pay consistent with that of part-time
civilian workers.
Farm wages now include an estimate
for salaries received by officers of cor-
June 1978
porate farms. The State and county
estimates are based upon data collected
in the 1974 Census of Agriculture.
Contract farm labor, as distinguished
from hired farm labor, was reclassified
from farm to agricultural services and
estimates of wages of contract laborers
added to agricultural service payrolls
covered by State unemployment insurance programs.
Other labor income.—Other labor income consists of employer contributions
to private pension and welfare funds
and directors' fees.
The reclassification of military reserve pay was noted previously.
Another revision relates to the item
formerly recorded as "compensation
for injuries" (i.e., workmen's compensation). Under the revised treatment,
privately insured workmen's compensation plans are treated in the same
way as private welfare plans: as a component of other labor income, measured
in terms of employer contributions
(premiums paid). Workmen's compensation plans that are insured through
Federal or State government funds,
however, are treated as social insurance: as a component of transfer payments, measured in terms of benefits.
Proprietors1 income.—Proprietors' income is the monetary income and
income in kind of sole proprietorships
and partnerships, including the independent professions, and of producers'
cooperatives. It is treated in its entirety
as received by individuals. Interest
and dividends received by proprietors
and rental income received by persons
who are not primarily engaged in the
real estate business are excluded.
Revisions to farm proprietors' income were mainly statistical. The only
classificational revision relates to rents
received by landlords living on farms
but leasing them to operators. This
income was reclassified from farm income to rental income of persons.
Other revisions derive from (1) U.S.
Department of Agriculture (USDA)
revised estimates, released in 1974,
reflecting the inclusion of a number of
additional expense items and of a few
minor income items that had not been
estimated previously; (2) BEA's deduction of salaries of corporate officers
from the USDA estimates of net farm
June 1978
income (the USDA treats these salaries
as a return to corporate ownership
rather than as an expense); and (3)
the newly available series "other expenses' ' published in the 1974 Census
of Agriculture. This new series made
possible much needed improvements in
the estimates of overhead expense items
such as depreciation, taxes, and mortgage interest, which had been derived
previously on the basis of outdated,
indirect data.
The general effect of these revisions
at the national and State levels is to
lower the farm proprietors' net income.
At the county level, the effect is more
varied. Because agricultural production
tends to be more homogeneous at the
county than at the State level, a given
revision may have a large effect in one
county but not in another. For example,
the addition of certain crop expense
items would affect a county where crop
production is predominant, but would
have little or no effect in a county where
livestock production predominates.
Revisions in nonfarm proprietors'
income are mainly the result of the
introduction of the capital consumption
adjustment (CCA) and the incorporation at the county level of data from the
Social Security Self-Employment file
for industries other than trade and
services (which had been similarly
revised during a previous estimating
cycle). Briefly, the CCA is provided to
put tax return-based capital consumption allowances on an "economic"
basis—that is, valued at replacement
cost (rather than original cost), and
measured consistently with respect to
service lives of assets and the depreciation formula.2
The only other major revision was
the addition of estimates of net income
of rural electric and telephone cooperatives. Although this revision had little
impact at the national and State levels,
it posed problems at the local area
levels—specifically, for small counties
that are the sites of large cooperatives,
to avoid the distorting effect of the net
income of a single large cooperative on
a county which would otherwise have a
2. For a more detailed discussion, see Part I of the January
1976 SURVEY and "New Estimates of Capital Consumption
Allowances in the Benchmark Revision of GNP" in the
October 1975 SURVEY.
SURVEY OF CURRENT BUSINESS
small total personal income, the net
income of the cooperatives is imputed to
their customer-members (usually residing in the surrounding counties as well
as in the county in which the cooperative is located) as part of the residence
adjustment.
Dividends, interest, and rent.—Dividends are cash payments by corporations organized for profit to stockholders
who are U.S. persons. Personal interest
income is the interest income of persons
from all sources. Nationally, it is
calculated as net interest plus interest
paid by government to persons and
business less interest received by
government plus interest paid by consumers to business. Rental income of
persons with CCA is the monetary
income of persons from the rental income of real property, except the income of persons primarily engaged in
the real estate business; the imputed net
rental income of owner-occupants of
nonfarm dwellings; and the royalties
received by persons from patents,
copyrights, and rights to natural resources.
Personal interest income was revised
to exclude imputed interest received by
government. Other revisions in personal
interest income, and the revisions in
dividends, are mainly the result of
minor changes in the estimating procedures. The change in the level of the
interest estimates reflects statistical
revisions at the national level deriving
from newly available data.
Rental income of persons is the
component most affected by the introduction of the CCA. The substantially
lower level of rental income in the
revised personal income series is largely
due to this adjustment. However, there
are several other definitional and classificational revisions that affect rental
income. First, mobile home purchases
were reclassified from personal consumption expenditures and expenditures
for producers' durable equipment to
investment in residential and nonresidential structures, respectively. This
shift entailed the addition of estimates
of both monetary and imputed rents
for mobile homes to the rent component. Second, interest on home improvement loans was reclassified from
41
payments by consumers to payments
by business in order to parallel the
treatment of mortgage interest payments of homeowners. Third, rental
income of nonoperator farm landlords
was shifted from farm proprietors' income to rental income. The impact on
farm income was mentioned previously.
Transfer payments.—Transfer payments to persons is income for which
current services are not rendered. It
consists of both government and business transfer payments. Government
transfer payments include payments
under the following programs: Federal
old-age, survivors, disability, and health
insurance; supplementary
medical
insurance; State unemployment insurance; railroad retirement and unemployment insurance; government
retirement; Federal and State government insured workmen's compensation;
veterans, including veterans life insurance; food stamp; black lung; supplemental security income (SSI); and
direct relief. Government payments to
nonprofit institutions, other than for
work under research and development
contracts, are also included.
In addition to the reclassification of
workmen's compensation, as mentioned
earlier, there were two smaller revisions: (1) Fleet reserve pay (a form of
retirement pay of Navy personnel) was
reclassified from other labor income (a
part of military reserve pay) to transfer
payments (a part of military retirement
pay), and (2) reimbursements to Federal, State, and local government employees for depreciation incurred in the
official use of their autos were reclassified from transfer payments to government purchases from persons, and thus
are omitted from personal income.
Revisions in transfer payments also
resulted from better estimating procedures, the availability of new data,
and increased detail to reflect reorganization of several programs. Among
the components affected by these improvements are food stamp payments,
refugee assistance, direct assistance programs now included under SSI, unemployment insurance benefits under the
Railroad Retirement Act, and the $50
payment under the Tax Reduction Act
of 1975.
Contributions for social insurance.—
42
SUEVEY OF CUEEENT BUSINESS
Personal contributions for social insurance includes payments by employees,
self-employed, and other individuals
who participate in the following
programs: Federal old-age, survivors,
disability, and health insurance; supplementary medical insurance; State
unemployment insurance; railroad retirement
insurance;
government
retirement; and veterans life insurance.
At the local area level, the revisions
were confined to increasing the detail
in which the estimates are made.
Specifically, separate estimates are now
prepared for "payments for supplementary medical insurance" and for "contributions by military personnel for
social insurance."
change in the treatment of border
workers. This term refers primarily to
U.S. residents working in Canada and
Mexico and Canadian and Mexican
residents working in the United States.
Eesidents of other countries working in
the United States are included in the
definition but, with the possible exception of the seasonal farm workers
coming from the Carribean area, they
are not statistically significant in number and therefore are not included in
the estimates.
At the national level, earnings of U.S.
residents working in Canada and
Mexico are entered in the national income and product account as income of
U.S. residents received from the rest of
the world. Earnings of Canadian, Mexican, and Carribean residents are entered
in the domestic industry in which these
foreign residents are employed and as an
offsetting payment to the rest of the
world. In both cases, the earnings
The residence adjustment
The residence adjustment was affected by the benchmark revision
June 1978
entries are carried through to the personal income estimates. However, at the
State and county levels, the residence
adjustment is the logical vehicle for
reflecting the earnings of border
workers. In essence, border workers are
international commuters, and the use of
the residence adjustment makes their
treatment consistent with the treatment of those who commute within the
geographic boundaries of the United
States.
Other revisions in methodology were
also made to improve the quality of the
residence adjustment. For the first time,
industrial differentials in wages and
number of commuters were introduced
into the estimating procedures. Furthermore the availability of Internal
Eevenue Service tabulations of 1975
wages and salaries provided a crosscheck of estimated changes in commuting patterns that have occurred since
the 1970 Census benchmark.
Acknowledgments
The personal income estimates were prepared under the direction of Edwin J. Coleman,
Chief of the Regional Economic Measurement Division, assisted principally by Kenneth P.
Berkman, Chief of the Government, Proprietary and Investment Income Branch;
Elizabeth H. Queen, Chief of the Private Wage and Income Branch; Linnea Hazen,
Chief of the Regional Economic Information System Branch; and Jeanne S. Goodman,
staff methodologist. Important contributions in specific areas were made by the following
persons.
Private nonfarm wage and salary income and private other labor income: David J.
Albright, Frances E. Bake, Linda C. Barnes, Carl J. Carlson, Raymond Carlstrom,
Sharon C. Carnevale, Carol E. Evans, Joe T. Franklin, Jr., Melanie B. Garfinkle,
Richard H. Grayson, Mildred L. Hynson, Robert S. Klear, Thomas McCormick, Karen
Meltzer, Alan J. Millican, Michael G. Pilot, William E. Reid, Jr., David P. Roth, Victor
Sahadachny, Patricia A. Schmitt, David C. Warlick, and Ronald W. Wilson.
Farm income: Charles L. Ballard, Q. Francis Dallavalle, Thelma L. Ford, and Robert J.
McCahill.
Government wages and salaries, government other labor income, nonfarm proprietors*
income, property income, transfer payments, and personal contributions for social insurance: Timothy A. Bell, Mildred S. Burnett, Vivian G. Conklin, Thelma E. Harding,
Charles A. Jolley, Gary V. Kennedy, Katharine R. Levit, Kevin F. Neyland, Evelyn C.
Newman, Jeanne O'Neill, and John M. Reed.
Residence adjustment: Wallace K. Bailey, Brian K. Bergstralh, and Dennis E. Drinka.
Disclosure avoidance procedures, component evaluation, documentation, and construction of the personal income accounts for local areas: Kathy A. Albetski, Eunice P.
James, Louise T. Johnson, Lela S. Lester, Paul M. Levit, Nancy L. Onderka, Ronald G.
Reel, Stuart A. Schwartz, Hazel E. Turner, and Mary C. Williams.
The tables in this article, including the more detailed materials provided by the Division,
are a product of the Regional Economic Information System.
June 1978
SURVEY OF CURRENT BUSINESS
43
Table 1.—Total Personal Income and Per Capita Personal Income by SMSA for Selected Years
Total personal income
Area title
Per capita personal income
Average annual rates
of growth
Millions of dollars
1969-76
1974-76
1975-76
1,372,833
1,075,957
296,876
9.27
8.99
10.34
9.39
9.41
9.32
10.13
10.23
9.78
701
3,792
448
4,710
2,091
590
3,790
634
942
11,258
780
4,102
498
5,094
2,353
659
4,144
703
1,042
12,591
11.33
7.08
10.86
8.39
12.29
10.01
9.78
8.54
11.03
11.26
13.92
6.61
7.87
7.86
12.17
11.51
8.97
9.72
14.77
12.13
1,112
724
1,448
444
1,462
769
10,251
990
1,345
2,031
1,578
768
1,585
504
1,596
817
10,953
1,066
1,430
2,288
1,799
862
1,790
563
1,776
905
12,107
1,173
1,616
2,598
17.38
8.37
9.82
9.46
9.25
9.51
10.41
9.11
8.46
13.20
1,080
7,963
1,180
656
406
1,138
293
468
1,085
2,420
1,827
12,055
1,937
964
610
1,803
519
704
1,519
4,034
1,943
12,997
2,225
1,057
638
1,983
575
759
1,646
4,451
2,257
14,247
2,617
1,184
730
2,331
624
844
1,782
4,941
Bloomingon, I N
Bloomington-Normal, I L
Boise City, I D
Boston-Lowell-Brockton-Lawrence-Haverhill, MA-NH.
Bradenton, F L
Bridgeport-Stamford-Norwalk-Danbury, CT
Brownsville-Harlingen-San Benito, T X
Bryan-College Station, T X
Buffalo, N Y
Burlington, V T
228
375
401
15,927
290
4,356
277
151
5,116
337
358
629
747
23,107
584
550
278
7,230
494
730
860
24,730
634
6,509
623
310
7,720
543
Burlington, N C
Canton, OH
Cedar Rapids, IA
,..
Champaign-Urbana-Rantoul, I L .
Charleston-N. Charleston, SC
Charleston, WV
Charlotte-Gastonia, N C
Chattanooga, TN-GA
Cheyenne, WY
Chicago, I L
324
1,424
635
548
938
875
1,972
1,182
210
32,123
476
2,109
968
845
1,571
1,353
3,184
1,913
381
46,676
5,284
347
9,153
795
241
1,001
759
3,620
821
9,252
1974
1975
1976
738,233
589,127
149,106
1,147,257
898,832
248,425
1.246,501
976,071
270,430
Abilene, T X
_
Akron, OH
Albany, GA
Albany-Schenectady-Troy, N Y
Albuquerque, NM
Alexandria, LA
Allentown-Bethlehem-Easton, P A - N J
Altoona, PA
Amarillo, T X
Anaheim-Santa Ana-Garden Grove, CA_.
368
2,541
242
2,899
1,045
338
2,157
396
501
5,967
601
3,609
428
4,379
1,870
530
3,490
584
791
10,014
Anchorage, AK
Anderson, I N
Ann Arbor, MI
Anniston, A L
Appleton-Oshkosh, WI.
Asheville, N C
Atlanta, GA
Atlantic City, NJ
Augusta, GA-SC
Austin, T X
586
491
929
299
956
479
6,053
637
915
1,091
Bakersfield. CA
Baltimore, MD
Baton Rouge, LA
_ ___.
Battle Creek, MI..._
Bay City, MI
Beaumont-Port Arthur-Orange, T X .
Billings, MT
Biloxi-Gulfport, MS
Binghamton, N Y - P A
._.
Birmingham, A L
1
Rank in the
United States
Dollars
1974
1975
1976
3,667
3,963
2,833
5,428
5,771
4,466
5,851
6,230
4,798
6,396
6,824
5,210
11.27
8.18
11.16
8.15
12.53
11.69
9.34
10.88
10.62
11.84
2,938
3,757
2,552
3,753
3,147
2,572
3,661
2,922
3,130
4,734
5,388
4,293
5,490
4,912
3,893
5,655
4,306
5,277
6,042
5,451
5,646
4,440
5,901
5,425
4,338
6,102
4,703
6,238
6,571
5,930
6,150
4,897
6,422
6,062
4,787
6,656
5,252
6,753
7,172
231
77
261
78
199
260
99
233
202
18
161
143
254
101
153
259
72
237
66
29
27.19
9.12
11.18
12.61
10.22
8.48
8.68
8.85
9.61
13.10
14.01
12.24
12.93
11.71
11.28
10.77
10.54
10.04
13.01
13.55
4,755
3,572
4,155
2,901
3,534
2,963
3,834
3,648
3,327
3,159
7,383
5,181
5,724
4,197
5,177
4,616
5,775
5,256
4,908
4,721
9,778
5,541
6,425
4,726
5,576
4,868
6,129
5,675
5,113
5,177
10,739
6,237
7,215
4,958
6,196
5,376
6,716
6,203
5,690
5,633
5
119
27
235
124
229
63
103
163
196
1
129
24
250
138
230
68
137
198
213
11.10
8.67
12.05
8.80
8.74
10.79
11.40
8.79
7.35
10,73
11.15
8.71
16.24
10.82
9.40
13.70
9.65
9.49
8.31
10.67
16.16
9.62
17.62
12.02
14.42
17.55
8.52
11.20
8.26
11.01
3,319
3,876
3,180
3,714
3,494
3,285
3,378
2,958
3,590
3,233
5,414
5,649
4,767
5,288
5,069
5,208
5,431
4,091
5,042
5,143
5.585
6,067
5,405
5,793
5,315
5,658
5,912
4,446
5,391
5,618
6,371
6,619
6,228
6,491
6,116
6,557
6,270
4,886
5,799
6,152
165
55
190
88
130
170
153
230
116
179
109
79
133
92
149
87
122
256
183
141
423
748
985
26,905
700
7,135
687
355
8,411
609
9.23
10.37
13.70
7.78
13.42
7.30
13.86
12.99
7.36
8.82
8.70
9.05
14.83
7.91
9.48
8.43
11.76
13.00
7.86
11.03
11.32
2.47
14.53
8.79
10.41
9.62
10.27
14.52
8.95
12.15
2,778
3,651
3,632
4,173
3,081
5,578
1,997
2,819
3,807
3,501
3,974
5,486
5.705
5,911
4,933
7,681
4,031
5,421
4,702
4,253
6,312
6,393
6,318
5,161
8,163
3,682
4,372
5,799
5,116
4,683
6,308
7,054
6,889
5,570
8,902
3,825
4,871
249
102
108
25
214
1
264
241
67
128
261
118
39
52
219
2
264
258
110
211
501
2,232
1,030
940
1,776
1,528
3,410
2,044
402
50,103
539
2,446
1,153
989
1,992
1,725
3,777
2,308
453
54,542
7.54
8.03
8.89
8.80
11.36
10.18
9.73
10.03
11.61
7.86
6.41
7.69
9.14
8.19
12.61
12.91
8.92
9.84
9.04
8.10
7.58
9.59
11.94
5.21
12.16
12.89
10,76
12.92
12.69
3,372
3,636
3,926
3,411
2,809
3,397
3,642
3,199
3,774
4,642
4,793
5,174
5,862
5,142
4,322
5,328
5,391
4,890
6,073
6,676
5,087
5,532
6,196
5,756
4,787
5,957
5,764
5,225
6,370
7,148
5,440
6,081
6,908
5,977
5,280
6,776
6,352
5,902
7,129
7,785
155
107
49
147
243
149
105
185
74
226
150
51
159
234
61
112
169
33
7,615
621
12,682
1,423
405
1,818
1,009
5,650
1,358
14,679
8,215
658
13,362
1,506
450
1,994
1,081
6,028
1,485
16,278
9,037
757
14,684
1,639
504
2,201
1,204
6,658
1,692
18,350
7.97
11.79
6.99
10.89
11.12
11.91
6.81
9.10
10.88
10.28
8.94
10.41
7.60
7.32
11.56
10.03
9.24
8.55
11.62
11.81
10.01
15.05
9.89
8.83
12.00
10.38
11.38
10.45
13.94
12.73
3,838
2,928
4,463
3,426
3,033
3,190
3,242
3,626
2,861
4,036
5,519
4,441
6,387
4,860
4,610
5,017
4,527
5,298
4,627
5,813
5,996
4,811
6,766
5,215
5,310
5,455
4,756
5,618
5,003
6,369
6,634
5,323
7,491
5,738
5,879
5,907
5,252
6,210
5,668
7,096
62
232
12
143
220
188
176
111
238
35
78
233
16
191
175
168
238
136
204
1,393
3,404
524
482
4,810
1,211
19,403
297
828
360
2,231
4,620
971
746
8,518
1,938
28,098
494
1,245
544
2,444
4,921
1,059
2,662
5,489
1,156
820
9,332
2,156
29,067
545
1,453
593
884
10,375
2,396
32,906
604
1,654
641
9.69
7.06
11.97
9.05
11.61
10.24
7.84
10.67
10.39
8.59
9.23
9.00
9.11
8.86
10.36
11.19
8.22
10.57
15.26
8.55
8.92
11.54
9.16
7.80
11.18
11.13
13.21
10.83
13.83
3,885
4,031
3,141
3,867
3,942
3,886
4,395
3,299
3,064
3,237
6,062
5,502
4,785
5,963
5,875
6,320
5,281
4,775
4,524
6,564
5,859
5,093
6,494
6,606
6,507
6,576
5,786
5,554
4,857
7,137
6,568
5,488
6,990
7,192
7,197
7,496
6,316
6,257
5,188
54
38
200
58
47
53
15
168
218
178
32
85
224
45
26
25
15
115
124
241
El Paso, TX
Elmira, NY
Erie, PA
Eugene-Springfield, OR
Evansville, IN-KY
Fargo-Moorhead, ND-MN
Fayetteville, NC
Fayetteville-Springdale, AR_.
Flint, MI
Florence, AL
1,021
357
905
645
971
403
627
335
1,952
315
1,622
510
1,458
1,103
1,510
742
997
595
2,785
520
1,803
541
1,574
1,197
1,651
759
1,067
699
3,050
559
2,012
585
1,688
1,386
1,853
856
1,148
789
3,627
649
10.18
7.31
9.31
11.55
9.67
11.36
9.02
13.02
9.25
10.88
11.38
7.10
7.60
12.10
10.78
7.41
7.31
15.15
14.12
11.72
11.59
8.13
7.24
15.79
12.24
12.78
7.59
12.88
18.92
16.10
2,805
3,522
3,451
3,087
3,420
3,481
2,996
2,694
3,839
2,667
4,026
5,112
5,368
4,675
5,243
5,898
4,397
4,073
5,352
4,276
4,341
5,393
5,735
4,982
5,736
6,008
4,719
4,774
5,888
4,542
4,733
5,887
6,138
5,664
6,461
6,655
5,001
5,271
7,046
5,247
244
125
138
212
145
131
223
254
61
256
260
173
145
205
95
73
249
235
40
239
Fort Collins, CO
Fort Lauderdale-Hollywood, FL_...
Fort Myers, FL
Fort Smith, AR-OK 3
Fort Wayne, IN
Fresno, CA.
Gadsden, AL._
Gainesville, FL
Galveston-Texas City, TX
Gary-Hammond-East Chicago, IN.
See footnotes at end of table.
251
2,425
334
409
1,351
1,339
259
274
575
524
5,095
739
714
2,081
2,417
400
566
938
3,551
589
5,343
798
787
2,159
2,642
436
633
1,114
3,728
5,879
887
889
2,439
3,007
476
683
1,268
4,177
15.01
13.49
14.97
11.73
8.81
12.25
9.08
13.94
11.96
8.44
12.91
7.42
9.56
11.58
8.26
11.54
9.09
9.85
16.27
8.46
13.41
10.03
11.15
12.96
12.97
13.82
9.17
7.90
13.82
12.04
3,084
4,071
3,361
2,592
3,798
3,279
2,818
2,712
3,368
3,774
4,456
6,217
5,026
4,094
5,576
5,493
4,221
4,528
5,252
5,529
4,993
6,375
5,117
3,914
5,786
5,840
4,562
5,088
6,137
5,800
5,536
6,910
5,511
4,903
6,587
6,501
4,951
5,373
6,808
6,486
213
32
157
258
69
172
242
251
156
75
221
50
222
253
82
91
252
231
58
United States K
Sum of SMSA counties
Sum of non-SMSA counties..
Cincinnati, OH-KY-IN
Clarksville-Hopkinsville, TN-KY..
Cleveland, O
H..
vicvoiaiiu,
v^xx___._
Colorado Springs, CO.
Columbia, MO.
Columbia, SC
Columbus, GA-AL
Columbus, OH__
Corpus Christi, TX
Dallas-Fort Worth, TX..
Davenport-Rock Island-Moline, IA-IL.
Dayton, OH
Daytona Beach, FL_
Decatur, IL
Denver-Boulder, CO
Des Moines, IA
Detroit, MI.._
Dubuque, IA
Duluth-Superior, MN-WI
Eau Claire, WI
5,639
1976
SUKVEY OF CUEEENT BUSINESS
44
June 1978
Table 1.—Total Personal Income and Per Capita Personal Income by SMSA for Selected Years 1 —Continued
Total personal income
Area title
Grand Forks, ND-MN
268
1,988
Grand Rapids, MI__
__
__
280
Great Falls, MT
252
Greeley, CO
505
Green Bay, WI
2,576
Greensboro-Winston-Salem-High Point, NC
1,439
Greenville-Spartanburg, SC_
. ___ _
788
Hamilton-Middletown, OH .__
1,477
Harrisburg, PA
4,580
Hartford-New Britain-Bristol, CT
Honolulu, HI
__._
2,634
7,400
Houston, TX
853
Huntington-Ashland, WV-KY-OH
860
Huntsville, AL_ . . . .
4,421
Indianapolis, IN
_ ._ _ _
553
Jackson, MI
Jackson, MS
798
1,994
Jacksonville, FL
2,356
Jersey City, NJ
1,037
Johnson City-Kingsport-Bristol, TN-VA
_
Johnstown, PA .
739
940
Kalamazoo-Portage, MI_
_ _
356
Kankakee, IL_
_ __
_ _____
4,983
Kansas City, MO-KS
_ __
_
407
Kenosha, WI
478
Killeen-Temple, TX_
1,216
Knoxville, TN . _ __
377
Kokomo, IN
258
La Crosse, WI
307
Lafayette, LA
Lafayette-West Lafayette, IN
.
._
360
430
Lake Charles, LA_ _
___
693
Lakeland-Winter Haven. FL
1,182
Lancaster, PA
1,534
Lansing-East Lansing, MI _
Laredo, TX
_
_____
142
1 137
Las Vegas, NV
160
Lawrence, KS_
335
Lawton, OK
. _
291
Lewiston-Auburn, ME. _ _
Lexington-Fayette, KY
902
740
Lima, OH
632
Lincoln, NE
1,085
Little Rock-North Little Rock, AR
1,936
Long Branch-Asbury Park, NJ
. . .
376
Longview, TX
_
926
Lorain-Elyria OH
31 419
Los Angeles-Long Beach, CA
3,181
Louisville, KY-IN
533
Lubbock, TX
Lynchburg, VA
...
423
700
Macon, GA
_
1 084
Madison, WI
852
Manchester-Nashua, NH
475
Mansfield, OH
.
298
McAllen-Pharr-Edinburg, TX
.
.. .
...
874
Melbourne-Titusville-Cocoa, FL
. ..
2,622
Memphis, TN-AR-MS
Miami, FL
_
_. 5,011
261
Midland, TX
Milwaukee, WI
5 794
8,173
Minneapolis-St. Paul, MN-WI
. _.
1 013
Mobile, AL
660
Modesto, CA
313
Monroe, LA
682
Montgomery, AL
424
Muncie, IN
_
_
582
Muskegon-Norton Shores-Muskegon Heights MI
2,338
Nasvhille-Davidson, TN
12,273
Nassau-Suffolk, NY
New Bedford-Fall River, MA
1 492
2 389
New Brunswick,-Perth Amboy-Sayreville, NJ
3,184
New Haven-West Haven-Waterbury,-Meriden, CT
New London-Norwich, CT
_ ..
853
3 629
New Orleans, LA
46 852
New York, NY-NJ
9 689
Newark, NJ
1 090
Newport News-Hampton, VA
2,322
Norfolk-Virginia Beach-Portsmouth, VA-NC
1,959
Northeast Pennsylvania, PA _
Odessa, TX.
294
2,331
Oklahoma City, OK
2,018
Omaha, NE-IA
1 478
Orlando, FL
250
Owensboro, KY
1,339
Oxnard-Simi Valley-Ventura, CA
191
Panama City, FL
462
Parkersburg-Marietta, WV-OH.
240
Pascagoula-Moss Point MS
1,878
Paterson-Clifton-Passaic, NJ
See footnotes at end of table.
Average annual rates
of growth
Millions of dollars
1969
1974
1975
Per capita personal income
1976
1969-76
1974-76
1975-76
.28
Dollars
Rank in the
United States
1969
1974
1975
1976
1969
1976
533
554
536
3,039
430
551
828
4,153
2,508
1,191
2,410
6,482
3,197
464
623
913
4,448
2,646
1,286
2,613
6,972
3,553
509
638
1,019
4,924
2,962
1,458
2,885
7,499
10.41
8.65
8.91
14.19
10.55
9.70
10.86
9.19
10.04
7.30
8.13
8.80
7.61
10.94
8.89
8.67
10.64
9.41
7.56
-3.25
11.14
9.70
2.41
11.61
10.70
11.94
13.37
10.41
7.56
2,848
3,725
3,448
2,920
3,319
3,601
3,089
3,522
3,631
4,486
5,326
5,407
5,079
5,161
4,922
5,476
4,826
4,925
5.663
6,124
5,667
5,656
5,532
5,809
5 343
5,835
5,050
5.252
6,145
6,593
5 358
6,254
6,093
5,853
5.877
6,402
5,597
5,929
6,732
7,072
4,343
13,456
1,314
1,287
6,542
793
1 401
3,481
3,377
1,672
4,765
15, 798
1,451
1,401
6,986
845
1,539
3,778
3,638
1,786
5,181
18,221
1,641
1,553
7,736
922
1,724
4,127
3,915
1,987
10.15
13.74
9.80
8.81
8.32
7.58
11.63
10.95
7.52
9.74
9.22
16.37
11.75
9.85
8.74
7.83
10.93
8.88
7.67
9.01
8.73
15.34
13.09
10.85
10. 74
9.11
12.02
9.24
7.61
11.25
4,365
3,760
2,967
3,077
4,046
3,876
3,117
3,218
3,852
2,789
6,323
6,038
4,542
4,509
5,734
5,426
4,956
5,090
5,774
4,230
6,877
6,826
5,023
4,894
6,126
5,750
5,371
5,485
6,298
4,486
7,325
7,617
5,643
5,390
6,788
6,268
5,916
5,890
6,834
4,958
1,222
1,421
545
7,510
1,383
1,560
599
8,213
1,537
1,719
619
9,106
11.03
9.01
8.22
8.99
10.54
13.54
10.49
9.81
9.88
13.98
12.15
9.99
6.57
10.11
7.16
11.83
10.84
10.18
11.00
16.93
11.14
10.19
3.34
10.87
7.18
10.76
12.00
15.06
12.90
14.82
2,795
3,739
3,671
3,973
3,448
3,121
2,986
3,832
3,217
2,788
4,599
5,419
5,645
5,801
5,845
4,607
4,630
5,776
4,801
4,573
5,196
5,928
6,227
6,400
6,194
5,274
5,028
6,088
5,106
5,363
5,728
6,510
6,435
7,125
6,605
5,683
5,562
7,033
5,683
6,040
8.88
10.33
11.74
9.12
9.27
11.06
11.33
10.61
7.42
8.97
9.36
13.30
9.79
9.07
11.74
14.19
12.07
11.63
10.98
12.17
8.65
14.29
6.80
11.29
13.03
13.85
12.25
12.11
14.97
14.19
3,354
2,973
3,053
3,745
3,676
1,896
4,250
2,803
2,966
3,203
4,846
4,463
4,720
5,401
5,150
3,070
5,979
4,165
4,308
4,455
5,324
4,966
5,142
5,705
5,660
3,324
6,491
4,500
4,535
4,959
5,768
5,594
5,414
6,310
6,377
3,575
7.019
5,026
5,065
5,640
10.26
8.37
10.27
11.08
9.28
10.91
8.71
7.68
8.70
11.39
11.44
7.98
10.08
10.99
8.80
12.24
8.54
9.75
8.66
10.96
12.89
10.65
10.01
11.53
10.02
12.46
11.40
10.77
9.59
13.51
3,464
3,549
3,819
3,404
4,292
3,231
3,646
4,495
3,715
2,964
4,993
5,261
5,645
5,125
6,262
4,993
5,279
6,309
5,434
4,769
5,505
5,502
6,239
5,650
6,664
5,452
5,585
6,853
5,870
5,114
6,151
6,138
6,848
6,245
7,311
6,069
6,234
7,529
6,452
5,680
9.57
9.85
9.44
9.02
7.42
14.50
6.26
10.23
10.63
11.24
9.08
10.13
9.98
10.15
7.30
10.83
9.65
8.31
6.62
14.30
12.80
10.02
9.81
12.40
11.52
12.92
9.32
9.13
8.93
9.56
3,180
3,118
3,875
3,852
3,681
1,664
3,992
3,177
4,010
4,133
4,820
4,742
5,530
5,348
5,223
2,979
4,796
5,092
6,375
6,255
4,937
5,154
6,130
5,736
5,373
3,086
5,351
5,483
6,455
7,254
5,464
5,638
6,639
6,360
6,029
3,338
5,861
5,927
6,931
7,701
207
57
60
92
266
42
194
40
29
191
225
212
76
111
156
266
178
164
48
9
8 22
9.06
13.51
12.66
13.29
9.67
6.88
8.08
9.69
7.55
9.97
10.10
13.49
11.69
15.65
11.27
8.89
11.49
11.87
7.77
4,153
4,235
2,702
3,453
2,739
3,076
3,328
3,354
3,390
4,877
6,043
6,053
4,244
5,234
4,074
4,745
4,689
4,729
5,147
7,109
6,506
6,535
4,730
5,788
4,423
5,094
4,954
4,933
5,467
7,519
7,174
7,151
5,189
6,290
5,002
5,581
5,440
5,496
6,044
8,046
28
24
253
136
250
216
162
159
150
2
27
31
240
120
248
218
227
223
154
6
766
821
1,990
1,050
2,183
1,163
2,445
598
405
631
442
726
499
715
930
561
668
767
546
601
653
670
749
856
1,252
1,831
2,285
227
1 919
1,411
1.957
2,524
260
2,147
1,507
2,178
2,853
296
2,410
260
449
422
289
481
465
324
553
531
1 439
1,114
1,034
1,838
3,044
1,583
1,174
1,139
2,030
3,275
1,787
1,299
1,253
2,264
3,603
690
776
1 410
43 784
4,832
921
1,491
47,611
5,206
999
1,661
52,737
5,705
1,134
674
1,114
1 685
1 285
711
1,228
1,856
1,387
802
1,351
2,038
1,559
616
681
626
1,112
4,420
8,943
703
681
1,223
4,751
9,333
784
769
1,337
5,185
10,166
421
502
550
8 619
12,227
1 678
1 144
9,180
13,208
1 905
1,300
10,095
14,542
2,162
1,452
239
86
140
234
166
113
211
126
109
11
17
76
226
215
34
56
208
182
59
247
246
82
96
43
141
206
224
64
183
248
158
225
219
80
94
265
23
245
227
184
134
122
65
148
20
180
104
10
87
228
232
125
148
179
176
104
216
162
67
37
21
12
209
229
59
123
167
172
56
251
192
89
99
34
80
201
220
42
202
155
188
217
228
116
107
265
44
246
245
210
142
146
55
127
22
152
130
14
96
203
3,823
18,610
4,112
19,973
4,600
21,524
8.26
8.58
11.44
11.92
10.83
10.96
7.38
7.73
Id. 15
8.36
2 234
3 723
4,502
1,312
5 534
62 983
13 706
1 750
3,749
3,088
2,390
3,982
4,801
1,382
6 264
67 440
14 694
1,889
4,073
3,365
2,649
4,352
5,179
1,520
7,038
72,100
15, 953
2,088
4,412
3,668
8.55
8.95
7.20
8.60
9.92
6.35
7.38
9.73
9.60
9.37
8.89
8.12
7.26
7.64
12.77
6.99
7.89
9.23
8.48
8.99
10.84
9.29
7.87
9.99
12.36
6.91
8.57
10.53
8.32
9.00
3,381
4,169
4,262
3,782
3,500
4,724
4,761
3,286
3,228
3,153
4,852
6,258
5,923
5,474
5,083
6,528
6,804
5,006
4,886
4,878
5,152
6,703
6,308
5,676
5,712
7,060
7,344
5,374
5,265
5,299
5,709
7,343
6,788
6,229
6,343
7,568
8,024
5,872
5,716
5,775
152
26
197
20
129
6
4
169
181
113
13
7
177
196
186
494
3 950
3,111
2 968
577
4,326
3,393
3 132
653
4,798
3,725
3,489
12.08
10.86
9.15
13.05
10.19
10.81
12.66
9.32
14.23
7.71
14.97
10.21
9.42
8.42
11.30
11.79
11.96
8.67
15.19
7.63
13.17
10.91
9.78
11.40
11.79
11.53
12.24
11.51
12.57
3,342
3,465
3,778
3,343
3,176
3,622
2,587
3,156
2,823
4.074
5,185
5,289
5,397
5,140
4,934
5,144
4,096
4,853
4,359
5,969
5,902
5,768
5,915
5,418
5,468
5,589
4,480
5,081
5,105
6,435
6,474
6,310
6,406
5,948
6,087
6,0724,890
5,655
5,624
7,035
161
501
556
643
1,174
1,269
1,412
611
839
641
879
698
980
398
441
493
2,198
2,463
2,747
351
730
459
392
773
541
440
862
609
2,727
2,910
3,159
8.56
22
70
198
133
71
160
195
112
259
197
240
30
60
132
94
117
102
160
149
151
255
207
214
41
June 1978
SURVEY OF CURRENT BUSINESS
45
Table 1.—Total Personal Income and Per Capita Personal Income by SMSA for Sleected Years1-—Continued
Total personal income
Area title
Pensacola, FL
Peoria, 1L
Petersburg-Colonial Heights-Hopewcll, VA_.
Average annual rates
of growth
Millions of dollars
1969
1974
1975
Per capita personal income
1976
1969-76
1974-76
1975-76
Rank in the
United States
Dollars
1974
1975
1976
1969
1976
1,334
414
1,147
2,205
607
1,259
2,510
668
1,354
2,666
733
10.04
10.40
8.50
8.65
9.96
9.89
7.55
6.22
9.73
2,899
3,920
3,179
4,361
6,242
4,898
4,638
7,060
5,338
4,882
7,423
5,790
236
51
192
257
18
184
19,394
3,405
225
8,987
563
748
3,935
864
3,077
321
28,039
6,574
355
13,137
807
1,161
6,380
1,359
4,575
581
30,419
6,975
395
14,435
862
1,275
6,973
1,486
4,930
642
33,216
7,766
428
15,826
920
1,424
7,792
1,589
5,421
737
7.99
12.50
9.62
8.42
7.27
9.63
10.25
9.09
8.43
12.61
8.84
8.69
9.80
9.76
6.77
10.75
10.51
8.13
8.85
12.63
9.19
11.34
8.35
9.64
6.73
11.69
11.75
6.93
9.96
14.80
4,066
3,599
2,638
3,743
3,778
3,479
3,950
3,952
3,663
2,388
5,823
5,566
4,194
5,628
5,410
5,084
5,945
5,849
5,330
3,533
6,320
5,766
4,721
6,206
5,783
5,559
6,397
6,366
5,784
3,880
6,888
6,246
5,094
6,862
6,218
6,194
7,027
6,759
6,405
4,327
33
115
257
81
72
132
46
45
97
263
53
126
244
54
135
139
43
64
103
263
353
636
1,413
1,122
552
325
2,179
3,787
684
307
970
2,428
1,700
956
575
3,566
5,914
1,114
484
675
1,066
2,705
1,817
1,078
688
3,905
6,620
1,210
549
738
1,165
2,991
2,010
1,232
755
4,308
7,400
1,333
614
11.11
9.03
11.31
8.69
12.15
12.80
10.23
10.04
10.00
10.41
10.17
9.59
10.99
8.74
13.52
14.59
9.91
11.86
9.39
12.63
9.33
9.29
10.57
10.62
14.29
9.74
10.32
11.78
10.17
11.84
3,004
3, 737
3,453
3,810
4,664
3,585
4,008
3,374
3,385
3,736
4,883
5,549
5,211
5,589
6,738
5,849
6,209
4,898
5,277
5,450
5,381
6,020
5,749
5,965
7,439
6,569
6,707
5,418
5,680
6,206
5,929
6,635
6,231
6,569
8,273
6,696
7,274
5,899
6,272
6,824
222
83
137
66
7
118
41
154
151
84
163
77
131
84
5
70
23
170
121
57
4,080
1,079
2,940
790
342
325
9,326
586
1,001
2,221
5,980
1,575
4,795
1,224
596
477
13,499
1,011
1,647
3,740
6,453
1,684
5,331
1,297
644
523
14,636
1,103
1,812
4,144
6,966
1,816
5,909
1,513
714
572
16,120
1,245
1,918
4,655
7.94
7.72
10.49
9.73
11.09
8.41
8.13
11.37
9.74
11.15
7.93
7.38
11.01
11.18
9.45
9.51
9.28
10.97
7.91
11.56
7.95
7.84
10.84
16.65
10.87
9.37
10.14
12.87
5.85
12.33
4,306
4,019
3,749
3,600
2,685
3,241
3,941
3,195
3,924
3,178
6,182
5,807
5,533
5,402
4,036
4,804
5,666
4,996
6,321
4,867
6,637
6,218
6,027
5,731
4,264
5,269
6,144
5,349
6,772
5,290
7,164
6,715
6,543
6,692
4,603
5,754
6,755
5,833
7,062
5,837
19
39
79
114
255
177
48
187
50
193
30
71
262
190
65
181
38
180
216
2,746
5,221
15,013
4,544
1,040
447
738
492
659
360
4,571
8,323
21, 754
7,358
1,606
768
1,241
1,005
968
406
5,007
9,320
24,146
8,225
1,787
862
1,417
1,082
1,085
463
5,582
10,392
26,573
9,215
1,980
959
1,593
1,201
1,206
11.51
10.67
10.33
8.50
10.63
9.63
11.52
11.62
13.60
9.02
13.41
10.51
11.74
10.52
11.91
11.04
11.75
13.30
9.32
11.62
14.04
11.48
11.50
10.05
12.04
10.80
11.25
12.42
11.00
11.15
3,019
3,123
3,893
4,861
4,397
3,970
3,659
3,672
4,277
3,199
4,859
4,682
5,467
6,942
6,374
5,798
5,235
5,212
6,378
4,835
5,399
5,104
5,846
7,686
6,968
6,357
5,520
5,732
6,825
5,241
6,003
5,654
6,401
8,412
7,686
6,914
5,884
6,292
7,442
5,728
221
204
52
3
14
44
101
95
21
186
157
208
105
4
10
49
174
119
17
193
Seattle-Everett, WA
Sherman-Denison, TX_
Shreveport, LA
Sioux City, IA-NE
Sioux Falls, SD
South Bend, IN
Spokane, WA
Springfield, IL
Springfield, MO
Springfield, OH
6,200
257
1,027
401
327
1,027
9,811
410
1,795
716
586
1,587
1,726
1,290
949
1,006
10,918
466
1,996
771
649
1,762
1,939
1,357
1,060
1,098
8.42
8.87
9.96
9.79
10.29
8.02
10.21
10.10
10.68
7.87
12.87
9.73
11.52
10.54
10.24
8.86
10.36
9.83
11.28
7.91
11.28
13.66
11.20
521
646
8,570
387
1,605
631
534
1,487
1,592
1,125
856
943
7.68
10.75
11.03
12.34
5.19
11.70
9.15
4,412
3,103
3,072
3,455
3,450
3,678
3,564
4,073
3,125
3,504
6,122
4,903
4,671
5,326
5,378
5,320
5,228
6,344
4,606
5,020
6,948
5,009
5,150
6,003
5,895
5,688
5,646
7,099
5,150
5,395
7,680
5,688
5,661
6,438
6,449
6,375
6,241
7,365
5,688
5,989
13
209
217
135
139
93
120
31
203
127
11
199
206
98
97
108
128
19
200
158
Springfield-Chicopee-Holyoke, MA.
Steubenville-Weirton, OH-WV
Stockton, CA
Syracuse, NY
_
Tacoma, WA___
Tallahassee, FL
Tampa-St. Petersburg, FL
Terre Haute, IN
Texarkana, TX-Texarkana, AR
Toledo, OH-MI
Topeka, KS
Trenton, NJ
Tucson, AZ
Tulsa, OK
Tuscaloosa, AL
Tyler, TX
Utica-Rome, NY
Vallejo-Fairfield-Napa, CA
Vineland-Millville-Bridgeton, NJ..
Waco, TX...
Washington, D C -MD-VA
Waterloo-Cedar Falls, IA
West Palm Beach-Boca Raton, FL
Wheeling, WV-OH
Wichita, KS...
Wichita Falls, TX
Williamsport, PA
Wilmington, DE-NJ-MD
Wilmington, NC
Worcester-Fitchburg-Leominster, MA..
Yakima, WA
..
York, PA
Youngstown-Warren, OH
2,120
549
1,054
2,267
1,532
287
3,479
544
343
2,874
3,016
881
1,710
3,357
2,147
596
6,771
809
493
4,310
3,259
946
1,905
3,538
2,427
654
7,317
896
544
4,604
3,510
1,079
2,093
3,861
2,689
709
7,989
987
619
5,142
7.47
10.13
10.30
7.90
8.37
13.79
12.61
8.88
8.80
8.67
7.88
10.67
10.63
7.24
11.91
9.07
8.62
10.46
12.05
9.23
7.70
14.06
9.87
9.13
10.80
8.41
9.18
10.16
13.79
11.69
3,321
3,700
3,588
3,778
2,708
3,263
3,092
3,131
3,807
5,067
5,342
5,733
5,203
5,324
4,387
5,089
4,686
4,334
5,508
5,456
5,701
6,362
5,450
5,813
4,917
5,425
5,230
4,666
5,889
5,891
6,571
100
164
5,927
6,396
5,167
5,830
5,765
5,256
6,559
90
117
73
252
173
210
201
171
83
47
165
106
242
182
189
236
651
1,234
1,144
1,922
292
313
1,167
914
414
470
1,923
2,171
3,161
516
550
1,615
1,470
650
738
1,085
2,066
2,362
3,605
575
598
1,733
1,686
694
810
1,192
2,265
2,598
4,036
628
689
1,862
1,851
773
920
9.03
9.06
12.43
11.18
11.56
11.93
6.90
10.61
9.33
10.07
9.84
8.53
9.39
13.00
10.32
11.93
7.38
12.21
9.05
11.65
9.86
9.63
9.99
11.96
9.22
15.22
7.44
9.79
11.38
13.58
3,629
4,036
3,317
2^508
3,284
3,424
3,731
3,432
3,122
5,545
6,014
5,080
5,502
4,241
5,215
4,805
5,386
4,952
4,725
6,056
6,497
5,323
6,143
4,698
5,577
5,174
6,051
5,262
5,240
6,598
7,105
5,724
6,775
5,021
6,328
5,609
6,510
5,785
5,920
110
36
167
123
262
171
144
85
142
205
81
35
194
62
247
114
215
90
185
166
13,015
447
1,359
589
1,418
463
366
2,156
302
2,352
21,285
729
2,823
904
2,118
719
558
3,211
545
3,414
23,349
820
3,002
1,002
2,410
763
604
3,406
596
3,651
25,663
901
3,283
1,129
2,652
860
666
3,724
661
3,982
10.18
10.53
13.43
9.74
9.36
9.25
8.93
8.12
11.84
7.81
9.80
11.17
7.84
11.75
11.90
9.37
9.25
7.69
10.13
8.00
9.91
9.88
9.36
12.67
10.04
12.71
10.26
9.34
10.91
9.07
4,558
3,412
4,035
3,246
3,642
3,557
3,244
4,380
2,872
3,708
7,074
5,452
6,364
4,977
5,545
5,584
4,838
6,216
4,314
5,280
7,714
6,105
6,591
5,521
6,250
5,943
5,237
5,558
4,643
5,633
8,454
6,644
6,982
6,227
6,766
6,652
5,772
7,174
5,103
6,144
146
37
174
106
121
175
16
237
75
46
134
63
74
187
28
243
144
451
1,193
1,970
757
1,822
2,977
845
1,946
3,086
898
2,165
3,438
10.34
8.89
8.28
8.92
9.01
7.46
6.27
11.25
11.41
3,186
3,662
3,700
4,986
5,284
5,415
5,445
5,605
5,750
5,718
6,159
6,426
189
98
91
195
140
100
Philadelphia, PA-NJ
Phoenix, AZ
Pine Bluff, AR
Pittsburgh, PA
Pittsfield, MA
Portland, ME
Portland, OR-WA
Poughkeepsie, NY
Providence-Warwick-Pawtucket, RI_.
Provo-Orem, UT
Pueblo, CO
Racine, WI...
Raleigh-Durham, NC
Reading, PA
Reno, NV
Richland-Kennewick, WA
Richmond, VA
Riverside-San Bernardino-Ontario, CA.
Roanoke, VA
Rochester, MN
Rochester, NY
Rockford, IL
Sacramento, CA
Saginaw, MI
St. Cloud, MN
St. Joseph, MO
St. Louis, MO-IL..
Salem, OR...
Salinas-Seaside-Monterey, CA.
Salt Lake City-Ogden, UT
SanAngelo, TX
San Antonio, TX
San Diego, CA3
San Francisco-Oakland, CA
San Jose, CA
Santa Barbara-Santa Maria-Lompoc, CA.
Santa Cruz, CA
Santa Rosa, CA
Sarasota, FL__
Savannah, GA
1. Detail may not add to higher levels because of rounding.
2. The personal income level shown for the United States differs from that in the national
accounts because it omits income received by Federal Government employees overseas.
3. County population used in the computation of per capita personal income in 1975 includes
Vietnamese refugees as follows: Sebastian County, Arkansas, 24,000; San Diego County, California, 18,000.
SUKVEY OF CURRENT BUSINESS
46
June 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years1
Per capita personal income
Total personal income
1969
United States
Conecuh
Coosa
Covington. __
Crenshaw
Cullman
Dale
Dallas
De Kalb
Elinor©
.
.
-
Etow&h
Favette
Franklin
Greene
Hale
Henry
Houston
Jackson
Jefferson
Lamar
Lauderdale
Lawrence
Lee
Limestone
Lowndes
Macon
Madison
Marencro
Marion
Marshall
Mobile
Monroe
Montgomery
Morcran
Perry
Pickens
Pike
Randolph
Russell
__
St Clair
Shelby
Sumter
Talladega
Tallapoosa
Tuscaloosa
Walker
Washington
Wilcox
Winston
Alaska
Sum of SMS A counties.
Sum of non-SMSA
counties
Census divisions'
Aleutian Islands
Anchorage
Angoon
Barrow-North Slope. _
Bethel
Bristol Bay BoroughBristol Bay
Cordova McCarthy __
Fairbanks
Haines
Juneau
Kenai-Cook Inlet
Ketchikan
Kobuk
Kodiak
Kuskokwim
1976
Dollars
1969
1975
1976
Rank
in
State
Area title
1976
Millions of dollars
1969
1975
10.1
3,667
5,851
6,396
Matanuska-Susitna. __
22
85
9,272
6,242
16,703
11 275
18,699
12 582
11.9
11.6
2,695
2,971
4,620
5,068
5,102
5,552
5
8
12
15
3 031
61
150
50
28
59
22
45
5 428
118
307
90
53
114
39
77
6 117
134
353
103
60
126
46
86
12 7
13.6
15.0
14 4
13.2
10 5
17.9
11.7
2,263
2,434
2,628
2 096
1,893
2,240
1,735
1,997
3,904
4,138
4,557
3 652
3,677
3 620
3,396
3,551
4,374
4,661
5,080
3 965
4,224
3 917
3,983
3,903
Outer Ketchikan
Prince of Wales
Seward__ _
_
Sitka
Skagway-Yakutat „ . .
Southeast Fairbanks..
Upper Yukon
Valdez-Chitina-Whittier
8
26
23
66
299
92
36
56
29
58
28
25
90
132
504
156
64
102
55
95
45
43
155
230
563
182
76
117
61
111
51
47
166
268
2,901
2,422
2 290
2 100
1,563
2,050
2,110
2 292
7.1 2,483
16 5 2 598
4,726
4,250
3 630
3 671
3,165
3,473
3,405
3,701
4,359
4 590
4,958
4,884
4 181
4,144
3,456
3,983
3,783
4,043
4,647
5,421
29
21
84
26
127
146
135
94
78
80
49
37
141
49
249
170
229
180
154
146
54
42
157
53
273
182
258
197
178
160
10 2
13 5
11.3
82
9 6
71
12 7
9 4
15 6
9.6
1,761
1,944
2,392
1 907
2 444
2,932
2 397
2,199
2,357
2,321
3,107
3,344
4,003
3,497
4,335
3,761
4 033
3,732
3,870
3,920
3,457
3,844
4,457
3,773
4,596
4,360
4,598
4,035
4,472
4,458
62
56
31
58
26
34
25
46
29
259
35
55
52
16
27
28
154
88
2,133
436
69
102
96
30
49
64
317
197
3 799
476
82
112
106
35
54
71
362
242
4 206
9 2 2,818
18 8 2,069
9.8 2,356
10 4 2 543
16.7 1,209
10.2 1,433
10.9 1,974
14 2 2,743
22.8 2,331
10.7 3,396
4,562
4,152
3,868
4 085
2,888
3,127
4,386
4,620
4,267
5,871
4,951
4,950
4,200
4,499
3,309
3,515
4,708
5,203
5,131
6,445
15
16
41
28
66
61
21
6
9
1
4,346
5,131
3,930
4,371
4,207
4,025
3,666
5,876
4,187
4,301
35
10
52
33
40
47
59
3
42
36
11.7
16.7
18 8
14 7
10.9
16 8
13.3
93
22
12
51
38
53
48
54
14
17
43
44
63
49
57
45
23
4
30
183
53
147
91
21
51
632
50
53
57
330
101
274
164
41
86
981
84
100
68
382
113
304
184
54
97
1,087
100
114
19.3
15.8
11.9
10.9
12.2
31.7
12.8
10.8
19.0
14.0
1,978
2,719
1,936
2,624
2,195
1,423
1,975
3,465
1,807
2,211
136
863
43
543
222
27
40
57
39
101
256
1 598
73
997
400
41
76
107
73
174
283
1 809
85
1,100
437
45
84
119
81
196
10.5
13 2
16.4
10.3
93
98
10.5
11 2
11.0
12 6
2,462
2,715
1,949
3,320
3,000
1,492
1,945
2,314
2,053
2,179
4,355
4,765
3,425
5,516
4,793
2,947
3,595
4,070
3,904
3,740
4,748
5,211
3,900
5,964
5,188
3,345
3,969
5,085
4,297
4,210
20
5
55
2
7
65
50
11
37
39
63
92
29
166
89
292
132
31
28
41
134
218
53
271
146
575
300
53
44
84
151
250
61
311
171
628
334
60
49
92
12.7
14.7
15 1
14.8
17.1
2,280
2,566
1,638
2,475
2,523
2,508
9.2
11 3 2,319
13.2 1,919
11.4 1,573
9.5 2,466
4,027
4,557
3,226
4,068
4,137
4,698
4,687
3,077
2,968
4,321
4,387
4,843
3,440
4,586
4,778
5,021
5,182
3,579
3,264
4,617
32
18
64
27
19
13
8
60
67
24
1,245
586
3,447
1,578
3,975
1,799
15 3 4,205
14.0 4,755
9,453 10,404
9,778 10,739
658
1 870
2 175
16 3 3,812
9,194 10,143
40
586
1
11
12
6
5
74
1,578
3
28
41
11
16
81
1 799
4
38
39
13
16
5 018
4,755
1,326
3,137
1,634
4,953
1,434
9 416 10,728
9'778 10,739
3,639 4,578
7,319 9,326
4,452 4,200
8,987 10,461
4,066 4,031
16
665
12
172
128
95
24
64
12
18
714
12
197
156
110
23
73
14
7
200
5
77
49
43
7
30
5
95
14.0
33.3
35.7
—4 9
18.2
12.5
7.4
14.5
21.9
15.8
—4.2
14.1
16.7
3,995 7,241 7,251
4,476 13,294 13,389
3,550 5,593 5,698
5,826 10,213 11,229
3,516 7,973 8,952
4,370 8,634 10,286
1,865 5 142 4,682
3,19? 6,839 8,027
2,281 4,437 4,803
Wade Hampton
Wrangell-Petersburg __
Yukon-Koyukuk
7
6
26
11
27
10
29
18
3
23
5
12
10
25
15
24
1976
Per capita personal income
Percent
change
1975-76
109
28.2
AH
17 Q
12
14
26
74
-6.7
13.0
12.1
5.9
Dollars
1969
3,474
1975
Rank
in
State
1976 1976
7,813
8,552
13
A o_L_l
91
19
22
A fifii
2,823 6,820 6,925
4,031 5,516 4,661
3,564 7,710 7,351
4,409 10,036 10,543
3,641 6,493 6,894
3,200 9,452 15,666
5,428 11,974 11,430
8
13
7
17
43
19
18
79
19
83.7
11
92
163
77.2
3,591 18,125 21,993
5
17
19
1,360
3,797
2,753
3,610
7,313
6,434
4,116
8,093
7,405
17
8
20
2
4
1
19
13
43
35
47
42
11.8
9.3
20.0
Arizona
5,751
Sum of SMS A counties. 4,549
Sum of non-SMSA
counties
1,202
Apache
65
Cochise
181
Coconino
128
Gila
. _ __
71
Graham
36
Greenlee
33
Maricopa
_ . 3,405
11,822
9,337
13,165
10,364
11.4
11.0
3,311,
3,524
5,345
5,647
5,798
6,107
2,485
2,801
124
335
268
148
78
65
138
370
294
161
84
69
12.7
11.3
10.4
4,451
2,962
4,527
3,997
4,586
4,036
5,493
5,766
4,886
3,156
4,921
4,312
4,902
4,135
5,982
6,246
14
8
11
9
12
2
1
10
13
5
6
7
4
3
Mohave
Navajo
Pima
PinaL. _
Santa Cruz
Yavapai
6,975
7,766
11.3
2,695
1,891
2,988
2,654
2,464
2,231
3,278
3,599
173
212
193
239
1,144
2,362
2,598
191
37
108
395
77
259
475
86
290
3,295
2,063
3,317
2,838
2,713
3,016
2,913
4,614
3,605
5,323
4,707
4,563
5,338
5,300
4,890
3,908
5,724
5,479
5,149
5,844
5,924
9.7
8.8
7.7
6.2
28
14
16
174
350
402
11.6
12.7
10.0
20.3
11.7
12.0
14.9
4,914
2,175
9,503
4,094
10,395
4,569
9.4
11.6
2,569
3,002
4,504
4,965
4,928
5,642
2,740
5,409
5,826
70
58
42
133
51
29
12
130
111
109
307
104
56
20
135
117
125
347
119
61
23
7.7
3.8
5.4
14.7
13.0
14.4
2,305
2,978
2,338
2,864
2,707
2,712
2,241
2,089
4,208
5,487
4,391
4,975
5,238
4,558
4,419
3,532
4,483
5,724
4,615
5,376
5,851
5,129
4,690
4,146
5
27
7
4
8
25
50
32
33
48
42
21
13
63
40
133
55
62
63
85
84
53
25
108
74
273
120
71
64
94
76
60
28
123
82
288
134
10.6
-9.5
13.2
12.0
13.9
10.8
2,597
1,816
2,231
2,206
2,075
1,969
2,403
2,425
2,564
2,180
4,413
3,593
3,870
4,183
3,683
3,703
4,171
4,153
4,723
4,001
4,966
3,681
4,217
3,722
4,144
4,205
4,849
4,407
4,833
4,324
12
69
45
68
51
46
20
34
22
38
Crittenden
__
Cross
Dallas
Desha
Drew
Faulkner. _
Franklin
_ __
Fulton
GarlandGrant
105
44
21
41
30
73
25
13
158
25
190
79
39
80
61
154
50
28
310
48
201
81
44
86
67
174
57
31
350
53
2,185
2,221
2,115
2,145
2,002
2,376
2,248
1,717
2,954
2,575
3,760
3,850
3,880
4,542
3,860
4,105
3,934
3,111
5,023
3,973
4,067
3,909
4,391
4,949
4,112
4,516
4,461
3,645
5,580
4,291
54
61
35
13
52
30
32
71
6
41
Greene
Hempstead
Hot Spring
_
Howard..
Independence
Izard
__ __
Jackson
__
Jefferson
Johnson
Lafayette
- _ _
55
45
59
28
55
14
46
225
28
22
120
86
104
60
108
35
93
395
61
37
127
96
116
64
122
39
91
428
67
40
2,215
2,315
2,672
2,478
2,430
1,890
2,236
2,638
2,081
2,132
4,240
4,271
4,233
4,545
4,441
3,624
4,422
4,721
3,966
3,943
4,431
4,726
4,685
4,817
4,908
3,913
4,269
5,094
4,201
4,176
33
24
26
23
16
60
42
10
47
49
2,103
1,617
1,993
2,577
2,191
2,396
1,973
1,946
2,771
2,205
3,905
2,900
3,837
4,202
4,095
4,982
3,732
3,648
4,325
4,248
3,737
2,794
3,891
5,052
4,612
5,102
3,954
3,968
4,894
4,313
67
74
63
11
28
9
58
57
17
40
1,921
2,001
2,057
1,374
2,617
1,580
2,058
1,968
2,203
2,141
4,218
3,797
3,706
2,418
4,351
3,782
3,602
3,439
4,134
3,949
4,178
4,364
4,233
2,719
4,883
3,995
3,772
3,990
3,954
4,089
48
36
44
75
19
55
65
56
59
53
81
96
30
3,624
4,509
3,603
4,027
3,776
3,127
3,302
5,330
3,596
3,702
See footnotes at end of table.
1975
738,233 1,246,501 1,372,833
Alabaira
Sum of SMS A counties
Sum of non-SMSA
counties
Autauga
Baldwin
Barb our
Bibb
Blount
Bullock
Butler
Calhoun
Chambers _.
Cherokee
Chilton
Choctaw
Clarke
Clay
Clebume
Coffee
Colbert
Percent
change
1975-76
Millions of dollars
Area title
Total personal income
Arkansas
Sum of SMS A counties.
S u m of n o n - S M S A
counties
Arkansas
Ashley
Baxter
Benton
Boone. _
Bradley. _
_
Calhoun
Carroll.
Chicot. - .
Clark
Clay
Cleburne.
Cleveland
Columbia..
Conway _
Craighead
Crawford
______
__
__
Lawrence
Lee
Lincoln
Little River. ._
Logan
Lonoke
Madison
Marion.
Miller...
Mississippi
Monroe.
_
Montgomery
_
Nevada
__
Newton
Ouachita .
Perry
Phillips
Pike
Poinsett
_~
Polk
8.9
15.0
14.5
1.6
5.5
11.7
5.8
2.5
12.8
7.5
9.8
13.0
14.0
10.7
12.9
10.4
5.8
11.6
11.5
6.7
13.0
11.4
-2.2
8.4
9.8
8.1
-1.4
-2.0
-2.0
18.4
10.7
35
31
72
51
71
50
26
28
37
63
19
51
49
75
155
38
50
58
83
163
41
13
92
34
147
40
169
139
272
275
1.1
30
62
60
12
21
24
39
28
44
8
81
16
129
18
143
9
83
26
139
28
142
17
60
28
33
114
58
37
108
63
-3.2
16.7
12.8
12.5
10.9
7.7
2.2
12.1
-5.3
5.2
7.9
17.6
15.0
8.6
June 1978
SURVEY OF CURRENT BUSINESS
47
1
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years —Continued
Area title
Percent
change
1975-76
Millions of dollars
1969
1975
1976
Dollars
1969
1975
1976
Pope..
Prarie
Pulaski
Randolph. .
St. Francis.
Saline
Scott
Searcy
Sebastian 2 .
Sevier
65
22
989
24
66
96
16
12
249
25
149
52
1,844
56
111
186
31
21
464
52
166
48
2,052
60
117
212
34
26
527
57
11.4
-7.7
11.3
7.1
5.4
14.0
9.7
23.8
13.6
9.6
2,341
2,131
3,492
1,938
2,129
2,698
1,944
1,492
3,182
2,229
4,420
4,851
5,824
3,497
3,564
4,363
3,408
2,621
4,257
4,186
4,842
4,480
6,422
3,659
3,754
4,925
3,904
3,014
6,036
4,585
Sharp
Stone. _
Union.
Van Buren..
Washington.
White
Woodruff
Yell
18
10
144
15
202
85
26
32
43
23
238
34
392
179
56
67
49
26
267
39
441
199
54
72
14.0
13.0
12.2
14.7
12.5
11.2
-3.6
7.5
2,183
1,417
3,127
l,79fi
2,685
2,188
2,233
2,287
4,025
2,931
5,352
3,434
4,465
3,942
5,072
4,073
4,317
3,226
5,920
3,791
4,890
4,246
4,917
4,364
California
82,828
Sum of SMSA counties. 78,503
Sum of non-SMSA
4,325
counties
Alameda.
4,593
Alpine.
Amador
39
318
Butte
41
Calaveras
68
Colusa
2,482
Contra Costa
138,642
130,328
153,901
144,674
11.0
11.0
4,202
4,266
6,540
6,623
7,152
7,248
8,313
7,325
80
641
72
152
4,237
9,227
8,081
4
90
696
80
129
4,738
11.0
10.3
33.3
12.5
8.6
11.1
-15.1
11.8
3,301 5,472 5,917
4,333 6,712 7,377
3,638 4,158 5,236
3,513 5,298 5,681
3,144 5,312 5,603
3,075 4,633 5,004
5,481 12,011 10,097
4,543 7,223 7,925
DelNorte..
El Dorado..
Fresno
Glenn
Humboldt..
Imperial
Inyo
Kern
Kings.
Lake
49
157
1,339
66
343
292
51
1,080
185
62
83
321
2,642
143
571
530
92
1,943
365
127
93
365
3,007
132
642
592
100
2,257
430
141
12.0
13.7
13.8
-7.7
12.4
11.7
8.7
16.2
17.8
11.0
3,412
3,648
3,279
3,838
3,466
3,965
3,320
3,319
2,812
3,272
5,276 5,909
5,411 5,772
5,840 6,501
7,405 6,646
5,442 6,048
6,308 6,891
5,326 5,827
5,585 6,371
5,261 6,095
4,990 5,198
Lassen
Los Angeles .
Madera
Marin.
Mariposa
Mendocino. _
Merced
Modoc
Mono
Monterey
55
31,419
125
1,137
21
167
332
26
12
1,001
92
47,611
260
1,830
40
311
658
47
34
1,812
105
52,737
301
2,010
44
359
733
53
35
1,918
14.1
10.8
15.8
9.8
10.0
15.4
11.4
12.8
2.9
5.8
3,289
4,495
3,032
5,585
3,610
3,355
3,278
3,560
3,165
3,924
4,978
6,853
5,549
8,416
4,755
5,410
5,532
5,869
4,624
6,772
5,670
7,529
6,272
9,166
4,965
6,072
6,098
6,567
4,772
7,062
Napa
Nevada
Orange
Placer
Plumas
Riverside..
Sacramento
San Benito
San Bernardino.
San Diego2
320
82
5,967
264
43
1,575
2,364
69
2,211
5,221
585
174
11,258
508
74
2,862
4,186
118
3,758
9,320
641
196
12,591
576
82
3,223
4,651
124
4,177
10,392
9.6
12.6
11.8
13.4
10.8
12.6
11.1
5.1
11.1
11.5
4,172
3,242
4,334
3,488
3,689
3,497
3,821
3,796
3,292
3,893
6,456
5,106
6,571
5,560
5,307
5,449
6,053
5,953
5,394
5,846
7,005
5,386
7,172
6,017
5,858
5,935
6,618
6,079
5,862
6,401
San Francisco
San Joaquin
San Luis Obispo.
San Mateo.
Santa Barbara
Santa Clara
Santa Cruz.
Shasta
Sierra
Siskiyou
3,869
1,054
318
2,932
1,040
4,544
447
254
8
116
5,912
1,905
649
4,841
1,787
8,225
862
489
20
194
6,445
2,093
723
5,298
1,980
9,215
959
553
22
215
9.0
9.9
11.4
9.4
10.8
12.0
11.3
13.1
10.0
10.8
5,328 8,858
3,700 6,362
3,098 5,126
5,309 8,367
3,970 6,357
4,397 6,968
3,659 5,520
3,324 5,289
3,317 7,289
3,504 5,479
9,692
6,936
5,496
9,116
6,914
7,686
5,884
5,816
7,350
5,964
Solano
Sonoma
Stanislaus..
Sutter
Tehama....
Trinity
Tulare
Tuolumne..
Ventura
Yolo
594
738
660
152
97
22
548
70
1,339
312
1,101
1,417
1,300
325
156
43
1,091
127
2,463
638
1,210
1,593
1,452
320
177
48
1,249
146
2,747
683
9.9
12.4
11.7
-1.5
13.5
11.6
14.5
15.0
11.5
7.1
3,530
3,672
3,453
3,646
3,339
2,977
2,952
3,301
3,622
3,475
6,275
6,292
6,290
6,729
5,408
4,791
5,851
5,362
6,072
6,519
Yuba.
Colorado
Sum of SMSA counties.
Sum of non-SMSA
counties
Adams
Alamosa..
Arapahoe..
Archuleta
Baca
Bent.
Boulder,
5,856
5,732
5,788
7,003
4,881
4,375
5,229
4,781
5, 589
6,269
138
232
247
6.5
3,099
5,134
5,324
7,648
6,462
15,090
12,725
16,633
14,058
10.2
10.5
3,531
3,719
5,938
6,201
6,440
6,751
1,186
618
25
659
7
17
15
444
2,366
1,269
55
1,485
12
25
29
953
2,575
1,436
58
1,677
15
29
26
1,063
2,769 %4,835
13.2 3,385 5,894
5.5 2,349 4,576
12.9 4,195 6,867
25.0 2,797 3,880
16.0 2,945 4,308
-10.3 2,238 4,453
11.5 3,429 5,757
5,144
6,468
4,757
7,426
4,860
4,980
3,892
6,330
62
70
2,705
6,066
Chaffee
27
See footnotes at end of table.
Total personal income
Per capita personal income
Total personal income
12.9
5,206
Rank
in
State
1976
Area title
Cheyenne . . .
Clear Creek _
Conejos
Costilla
Crowley
Custer
Delta
Denver
Dolores
Douglas
Percent
change
1975-76
Millions of dollars
1969
1975
Per capita personal income
1975
1976
3,441
3,233
1,568
1,368
2,498
2,483
2,337
4,187
2,696
3,751
4,667
5,260
2,705
3,314
6,202
1,356
4,256
7,299
4,280
6,029
3,200
6,631
3,025
3,515
5,727
3,672
4,445
7,994
3,432
6,031
59
7
61
54
23
53
43
2
56
16
3,175
2,734
3,433
2,594
3,130
2,207
2,983
2,372
1,618
1,869
1,112
3,972
5,401
3,749
2,939
2,589
3,084
2,307
3,196
3,119
5,320
4,054
5,229
4,304
5,247
3,889
5,230
3,611
1,768
3,433
3,539
6,331
4,142
6,062
5,904
4,364
4,993
3,968
3,986
6,219
6,111
3,444
5,756
4,781
5,818
4,302
6,524
4,190
2,333
3,886
4,885
6,867
3,214
5,343
6,492
4,886
5,536
4,405
4,288
5,806
14
55
22
36
20
46
8
50
63
52
2,848
2,813
3,122
2,474
2,501
3,179
2,622
2,947
2,111
3,748
4,642
3,038
3,004
3,312
2,088
2,922
1,570
1,948
1,993
3,846
2,254
2,944
3,345
2,920
3,309
4,642
4,676
5,207 5,557
4,510 5,523
5,228 6,338
4,204 4,769
4,446 4,768
5,324 5,951
4,603 5,062
5,447 4,562
3,168 3,063
8,852 6,759
7,715 8,227
4,289 4,260
5,381 5,929
4,567 5,136
4,361 4,398
5,625 6,400
2,415 2,606
3,956 4,556
3,130 3,287
0,489 7,273
24
26
12
37
38
17
30
41
60
4,003
4,531
5,300
5,809
6,272
6,808
6,877
4,670
4,892
4,261
5,853
5,519
7,352
7,436
40
32
48
19
27
4,225
5,578
4,590
4,575
4,326
4,262
3,782
3,820
3,631
5,986
8,163
6,773
6,495
6,363
6,308
5,676
5,538
5,129
6,377
8,902
7,281
6,962
6,768
6,788
6,229
5,909
5,408
4,268
4,628
3,415
3,190
4,628
3,643
6,491
6,939
7,042
7,564
5,486
5,144
6,939
5,837
5,883
5,528
7,564
6,249
4,333
4,333
4,333
3,437
3,547
7,259
7,259
7,259
5,596
5,766
8,081
8,081
8,081
6,021
6,201
9.9 2,726
7.9 2,712
12.5 2,384
12.2 2,587
9.8 1,966
9.3 3,992
10.0 4,071
9.7 1,778
11.8 2,879
8.2 2,172
12.2 2,949
4,552
5,088
3,860
4,480
3,636
5,351
6,375
3,750
4,739
3,789
4,546
4,914
5,373
4,170
4,890
3,985
5,861
6,910
3,838
5,207
4,024
4,870
-36.4
24.1
9.1
10.0
-10.0
7
36
24
11
18
5
85
3,849
6
115
22
11
785
56
45
3
12
16
(3)
13
2
916
11
28
24
50
251
36
15
60
55
22
1,480
113
94
7
33
33
1
22
65
21
1,610
126
110
8
41
37
1
26
Mesa
Mineral
Moffat..
Montezuma.
Montrose
Morgan
Otero
Ouray
Park
Phillips
154
2
20
31
40
4
16
324
4
43
62
91
116
112
10
12
38
363
4
56
68
101
127
123
9
12
Pitkin
Prowers
Pueblo.
Rio Blanco..
Rio Grande .
Routt
Saguache
San Juan
San Miguel..
Sedgwick
27
39
353
16
22
19
0
2
4
14
68
59
675
24
48
55
10
3
7
22
79
59
738
27
48
65
11
4
8
25
18.2
10.0
33.3
14.3
13.6
Summit
Teller
Washington.
Weld
Yuma
_
6
9
19
252
29
22
26
29
623
56
27
29
25
638
50
22.7
11.5
-13.8
2.4
-10.7
Connecticut
13,926
Sum of SMSA counties, 12,973
Sum of non-SMSA
counties
953
Fairneld
4,356
Hartford
3,712
Litchfield
050
Middlesex
485
New Haven
3,184
New London
.-_
853
Tolland
384
21,106
19,663
22,916
21,333
1,443
6,509
5,550
982
795
4,801
1,382
622
1,583
7,135
5,968
1,077
856
5,179
1,520
675
8.6
8.5
9.7
9.6
7.4
9.7
7.7
7.9
10.0
8.5
Elbert
El Paso....
Fremont...
Garfield...
Gilpin
Grand
Gunnison.
Hinsdale..
Huerfano.,
Jackson
Jefferson
Kiowa
Kit Carson..
Lake.
La Plata
Larimer
Las Animas.
Lincoln
Logan
-.
Windham.
6
1,973
9
47
49
101
589
64
20
121
2,227
7
42
55
114
668
71
21
116
14.9
8.4
-14.3
22.3
18.2
-4.5
8.8
11.5
17.0
14.3
24.2
12.1
18.2
50.0
12.9
-22.2
-10.6
12.2
12.9
13.4
10.9
5.0
-4.1
12.0
30.2
9.7
11.0
9.5
9.8
-10.0
-21.1
16.2
9.3
12.5
303
460
505
2,305
1,757
4,099
3,035
9.0
9.1
547
257
1,757
290
3,761
2,783
979
405
2,783
514
1,064
508
3,035
556
8.7
9.2
9.1
8.2
3,301
3,301
3,301
5,165
5,165
5,165
5,671
5,671
5,671
9.8
9.8
9.8
22,824
Florida
Sum of SMSA counties. 20,398
Sum of non-SMSA
2,426
counties
274
Alachua
22
Baker
191
Bay
28
Bradford
874
B revard
2,425
Broward
14
Calhoun
46,320
41,051
50,698
44,907
9.5
9.4
5,269
033
48
392
61
1,223
5,343
31
5,791
683
54
440
67
1,337
5,879
34
204
140
230
228
158
258
Delaware
Sum of SMSA counties.
Sum of non-SMSA
counties
Kent
New Castle
Sussex
District of Columbia
Sura of SMSA counties
Washington
Charlotte..
Citrus
Clay
70
40
Rank
in
State
1976
1969
1976
11
29
22
10
20
5
74
3,551
7
94
2,140
4
30
Dollars
34
5
58
28
9
33
25
44
47
21
1
49
18
29
45
11
62
42
57
4
20
47
30
54
13
5
57
23
53
31
SUEVEY OF CUEKENT BUSINESS
48
June 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1 —Continued
Area title
Percent
change
1975-76
Millions of dollars
1975
Total personal income
Per capita personal income
Total personal income
1976
Dollars
1969
1975
1976
Rank
in
State
1976
Area title
1975
152
66
5,011
33
10
1,734
558
10
11
82
384
131
9,333
73
21
3,196
1,053
29
22
142
424
140
10,166
81
23
3,477
1,129
32
24
157
10.4
6.9
8.9
11.0
9.5
8.8
7.2
10.3
9.1
10.6
4,289
2,647
4,010
2,554
1,917
3,275
2,906
2,293
1,542
2,083
6,155
4,420
6,455
4,411
3,236
5,718
4,682
4,307
2,792
3,790
6,541
4,687
6,931
4,771
3,498
6,158
4,960
4,433
3,061
4,271
7
35
4
33
63
10
27
40
67
46
Cobb
Coffee
Colquitt...
Columbia.
Cook
Coweta
Crawford. .
Crisp
Dade
Dawson...
Gilchrist
Glades
Gulf
Hamilton
Hardee.
Hendry
Hernando
Highlands
Hillsborough.
Holmes
9
9
24
15
43
55
40
87
1,499
20
21
20
44
34
74
123
124
174
3,030
42
21
21
53
29
81
125
138
191
3,280
49
5.0
20.5
-14.7
9.5
1.6
11.3
9.8
8.3
16.7
2,464
2,505
2,443
1,933
2,908
4,777
2,444
3,030
3,099
1,822
4,096
3,702
4,341
4,032
4,604
8,306
4,148
4,438
5,257
3,317
4,029
4,132
5,099
3,406
4,923
3,238
4,442
4,894
5,643
3,626
52
50
25
64
28
1
39
29
14
62
Decatur.
Dekalb..
Indian River.
Jackson
Jefferson
Lafayette
Lake
Lee
Leon
Levy...
Liberty
Madison
116
75
17
6
228
334
274
29
7
28
270
154
35
13
452
798
624
58
12
53
302
167
39
15
491
887
676
63
13
57
11.9
8.4
11.4
15.4
8.6
11.2
8.3
8.6
8.3
7.5
3,297
2,173
1,945
2,096
3,350
3,361
2,750
2,372
1,968
2,089
5,973
4,088
3,615
3,940
5,118
5,117
5,023
3,500
3,166
3,595
4,408
3,970
4,283
5,472
5,511
5,264
3,704
3,236
3,806
Manatee
Marion.
Martin
Monroe
Nassau
Okaloosa 2...
Okeechobee..
Orange
Osceola
Palm Beach.
290
180
94
157
51
241
27
1,179
64
1,359
634
423
261
276
111
456
62
2,378
149
3,002
700
471
288
305
126
499
68
2,649
170
3,283
10.4
11.3
10.3
10.5
13.5
9.4
9.7
11.4
14.1
9.4
3,081
2,646
3,475
2,986
2,521
2,858
2,481
3,503
2,642
4,035
5,161
4,330
5,735
5,262
3,921
4,339
3,590
5,859
4,001
6,591
Pasco
Pinellas
Polk
Putnam
St. Johns
St. Lucie
Santa Rosa..
Sarasota
Seminole
Sumter
173
1,807
693
85
99
147
106
492
235
531
3,755
1,411
173
194
310
206
1,082
605
74
599
4,110
1,507
193
214
345
224
1,201
671
82
12.8
9.5
6.8
11.6
10.3
11.3
8.7
11.0
10.9
10.8
2,415
3,538
3,053
2,389
3,212
2,963
2,858
4,277
2,888
2,019
Suwannee...
Taylor
Union
Volusia
WakuUa
Walton
Washington..
34
11
524
13
30
22
80
66
31
1,059
29
64
46
73
34
1,156
33
72
54
7.5
10.6
9.7
9.2
13.8
12.5
17.4
24,765
15,963
27,581
17,679
8,803
57
21
36
14
146
27
1969
Rank
in
State
1975 | 1976
1976
1,355
97
131
113
54
169
18
77
40
18
1,528
104
148
138
59
190
21
86
45
18
12.8
7.2
13.0
22.1
9.3
12.4
16.7
11.7
12.5
3,928
2,451
2,542
2,538
2,544
2,914
2,099
2,190
2,194
2,671
5,659
3,878
3,859
3,946
4,351
4,687
2,837
3,952
3,485
4,121
6,265
4,203
4,400
4,420
4,778
5,221
3,109
4,531
3,881
4,007
3
100
80
78
42
26
157
63
130
118
Dooly
Dougherty.
Douglas
Early
Echols
Effingham..
Elbert
46
1,765
35
23
226
82
26
4
36
44
95
3,106
61
41
415
204
44
7
61
76
111
3,450
67
45
461
233
51
7
70
88
16.8
11.1
9.8
9.8
11.1
14.2
15.9
2,035
4,312
2,167
2,185
2,578
3,027
1,987
2,156
2,733
2,523
3,920
6,827
3,702
3,792
4,542
4,573
3,356
3,099
3,880
4,252
4,476
7,602
4,029
4,091
5,018
5,085
3,914
3,446
4,420
4,861
71
1
116
106
34
29
126
152
77
39
6
42
55
45
18
16
22
61
65
58
Emanuel.
Evans
Fannin...
Fayette...
Floyd
Forsyth..
Franklin.
Fulton...
Gilmer...
Glascock.
16
27
35
229
46
31
2,453
21
6
67
33
55
88
397
96
57
3,999
42
10
76
37
55
101
440
105
62
4,292
46
11
14.8
10.8
9.4
8.8
7.3
9.5
10.0
2,041
2,170
2,076
3,252
3,141
2,832
2,401
3,999
2,326
2,498
3,373
4,143
3,865
4,956
5,111
4,380
4,168
6,962
3,998
4,232
3,740
4,363
3,819
5,406
5,605
4,732
4,450
7,516
4,415
4,648
139
86
133
15
11
46
75
2
79
52
5,570
4,619
6,156
5,888
4,168
4,742
3,729
6,465
4,413
6,982
15
36
11
12
48
34
60
8
41
3
Glynn
Gordon
Grady
Greene
Gwinnett...
Habersham..
Hall
Hancock
Haralson
Harris
152
66
39
21
217
48
176
16
48
27
249
124
70
37
569
86
326
27
81
52
282
137
79
41
663
99
363
31
92
59
13.3
10.5
12.9
10.8
16.5
15.1
11.3
14.8
13.6
13.5
3,030
2,805
2,179
2,007
3,143
2,314
3,021
1,775
3,038
2,277
5,098
4,496
3,707
3,475
5,001
3,774
4,860
2,976
4,636
4,303
5,881
5,055
4,116
3,904
5,533
4,205
5,331
3,326
5,241
4,858
7
32
105
153
23
40
4,005
5,870
5,142
3,937
5,010
4,602
4,426
6,825
4,482
3,697
4,286
6,330
5,414
4,330
5,314
4,969
4,526
7,442
4,844
3,944
44
9
19
43
21
26
38
2
32
56
Hart
Heard
Henry
Houston. __
Irwin
Jackson
Jasper
Jeff Davis.
Jefferson-..
Jenkins
12
64
193
18
55
15
25
36
16
25
137
362
33
99
30
45
63
28
76
29
153
395
35
108
35
55
70
20.6
16.0
11.7
9.1
6.1
9.1
16.7
22.2
11.1
14.3
2,425
2,142
2,757
3,162
2,307
2,613
2,548
2,726
2,109
1,907
3,780
4,210
4,739
5,042
3,903
4,267
4,437
4,237
3,728
3,418
4,592
4,871
5,305
5,424
4,089
4,558
5,210
5,038
4,231
3,957
57
38
19
14
107
60
27
33
97
123
2,325
2,524
1,392
3,141
2,033
1,884
1,922
4,384
4,515
3,071
5,093
3,392
3,670
3,561
4,563
5,119
3,200
5,488
3,760
4,071
4,159
37
24
11.4
10.7
3,096
3,581
5,022
5,709
5,549
6,260
Johnson. .
Jones
Lamar
Lanier
Laurens..
Lee
Liberty...
Lincoln...
Long
Lowndes.
15
26
26
11
76
15
36
12
7
158
28
48
42
19
139
32
67
22
13
258
54
46
21
156
36
118
24
15
292
14.3
12.5
9.5
10.5
12.2
12.5
76.1
9.1
15.4
13.2
1,908
2,143
2,421
2,197
2,336
2,213
2,125
2,015
1,841
2,876
3,528
3,264
3,582
3,726
4,093
3,451
3,317
3,615
3,801
4,191
4,069
3,493
4,004
4,015
4,581
3,753
5,065
4,043
4,361
4,648
109
149
119
117
58
137
31
112
87
51
9,901
64
22
39
17
163
28
12.5
12.3
4.8
8.3
21.4
11.6
3.7
11.2
2,470
2,056
1,929
2,295
1,668
2,129
2,189
2,783
4,123
4,000
3,625
3,968
3,853
4,325
3,877
4,632
4,613
4,364
3,791
4,184
4,545
4,960
4,157
5,083
85
135
101
61
36
102
30
Lumpkin...
McDuffie...
Mclntosh.__
Macon
Madison
Marion
Meri wether.
Miller
__
Mitchell
Monroe
20
37
11
25
32
11
43
13
43
27
33
68
21
47
63
18
72
25
74
50
35
79
23
53
69
20
80
29
85
56
6.1
16.2
9.5
12.8
9.5
11.1
11.1
16.0
14.9
12.0
2,313
2,518
1,553
1,907
2,418
2,187
2,215
2,077
2,247
2,436
3,497
4,019
2,486
3,533
4,056
3,318
3,515
3,951
3,873
4,145
3,706
4,473
2,806
4,127
4,386
3,320
3,894
4,800
4,425
4,701
140
73
159
103
81
155
128
41
76
49
Montgomery..
Morgan
Murray
Newton
Oconee.
_.
Oglethorpe...
Paulding
Peach
Pickens
_.
Pierce
13
24
31
70
20
16
41
39
24
23
26
43
66
136
37
29
91
76
42
42
50
76
154
41
31
99
87
46
44
7.7
16.3
15.2
13.2
10.8
6.9
8.8
14.5
9.5
4.8
1,967
2,450
2,444
2,703
2,512
2,057
2,419
2,443
2,547
2,550
4,086
4,086
4,115
4,307
3,942
3,653
4,182
4,171
4,036
3,993
4,506
4,737
4,627
4,770
4,349
3,881
4,474
4,565
4,263
4,029
68
45
53
43
89
129
72
59
95
115
10.0
10.8
7.7
15.0
16.7
9.7
12.5
11.5
16.9
16.7
2,302
2,572
2,699
2,447
1,361
2,054
2,094
3,571
2,890
2,328
3,618
4,108
4,757
4,394
2,845
3,347
3,710
5,242
4,742
3,991
3,972
4,614
5,313
5,239
3,455
3,510
4,056
5,814
5,256
4,758
121
55
18
24
150
148
111
8
21
44
9.8
18.8
13.5
1,890
2,380
2,847
3,987
3,973
4,755
4,293
4,619
5,295
92
54
20
91
31
30
467
24
14
30
13
61
33
167
55
49
793
44
25
52
27
124
61
188
62
56
874
49
27
58
31
138
65
12.6
12.7
14.3
10.2
11.4
8.0
11.5
14.8
11.3
6.6
2,812
2,350
2,619
3,264
2,297
2,393
2,185
1,969
1,945
1,779
4,528 5,117
3,910 4,471
3,962 4,506
5,517 6,095
4,212 4,598
3,413 3,605
3,712 4,074
3,361 3,665
3,739 4,225
3,347 3,550
28
74
69
5
56
145
108
143
98
146
Butts....
Calhoun
Camden
Candler...
Carroll.
Catoosa
Charlton..
Chatham
Chattahoochee.
Chattooga
24
12
28
15
114
65
12
611
122
52
46
23
50
30
229
113
21
997
103
85
51
25
53
32
264
128
25
1,106
114
10.9
8.7
6.0
6.7
15.3
13.3
19.0
10.9
10.7
12.9
2,331
1,868
2,502
2,298
2,583
2,348
2,086
3,275
4,867
2,537
3,767
3,474
4,163
4,521
4,314
3,547
3,315
5,442
5,906
3,819
4,119
3,796
4,357
4,709
4,892
3,935
3,758
5,931
5,634
4,266
104
134
88
48
37
124
136
6
10
94
Cherokee.
Clarke
Clay
Clayton..
Clinch....
80
170
6
321
13
155
329
11
724
22
173
364
12
823
25
11.6
10.6
9.1
13.7
13.6
2,658
2,660
1,578
3,361
1,997
3,975
4,521
3,328
5,538
3,412
4,302
5.224
3,321
6,154
91
25
154
4
141
1976
Dollars
746
55
82
55
31
93
12
40
22
10
Bartow...
Ben Hill..
Berrien...
Bibb
Bleckley..
Brantley.
Brooks...
Bryan
Bulloch...
Burke
See footnotes at end of table.
Percent
change
1975-76
I
Collier
Columbia..
Dade
DeSoto....
Dixie
Duval
Escambia..
Flagler
Franklin...
Gadsden....
Georgia
14,092
Sum of SMS A counties. 9,185
Sum of non-SMSA
counties
4,906
Appling.
26
Atkinson
12
Bacon
19
Baker.
6
Baldwin
74
Banks
15
B arrow
46
Millions of dollars
Per capita personal income
Pike
Polk
Pulaski
Putnam
Quitman...
Rabun
Randolph..
Richmond..
Rockdale...
Schley
17
76
22
20
3
17
18
578
50
7
31
32
818
130
12
33
144
42
46
7
34
36
912
152
14
Screyen...
Seminole.
Spalding..
24
17
112
51
32
208
56
38
236
130
39
40
6
14.8
15.8
13.4
12.1
127
12
99
17
June 1978
SUEVEY OF CURRENT BUSINESS
49
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years *—-Continued
Total personal income
Area title
Percent
change
1975-76
Millions of dollars
1969
1975
Per capita personal income
1976
Dollars
1969
1975
1976
Rank
in
State
1976
Stephens..
Stewart. _.
Sumter
Talbot
Taliaferro..
Tattnall...
Taylor
Telfair
Terrell
Thomas. __
Tift
Toombs..
Towns
Treutlen..
Troup____
Turner...
Twiggs._.
Union
Upson...
Walker...
52
12
69
11
5
32
17
25
25
90
19
108
19
8
63
29
44
41
152
22
121
21
9
69
31
48
45
169
11.4
15.8
12.0
10.5
12.5
9.5
6.9
9.1
9.8
11.2
2,532
1,809
2,560
1,667
1,976
1,916
2,116
2,217
2,240
2,552
4,017
3,376
3,873
2,837
3,560
3,759
3,615
3,885
3,708
4,051
4,382
3,928
4,374
3,251
3,996
4,031
3,859
4,260
3,969
4,523
96
122
64
63
43
8
10
129
20
14
13
64
153
114
82
16
18
214
36
25
23
101
257
128
93
17
21
242
40
28
25
112
287
12.3
13.4
6.3
16.7
13.1
11.1
12.0
8.7
10.9
11.7
2,304
2,258
1,789
1,693
2,879
2,277
1,665
1,970
2,697
2,965
3,776
3,286
3,115
4,721
4,132
3,130
2,920
4,123
4,796
4,064
4,330
3,616
3,447
5,354
4,502
3,528
2,999
4,653
5,246
110
90
144
151
16
70
147
158
50
22
Walton
Ware
Warren
Washington..
Wayne
Webster
Wheeler
White
Whitneld....
Wilcox
58
95
13
39
42
4
10
17
175
15
118
158
21
70
77
8
16
29
299
27
132
176
25
11
18
32
341
30
11.9
11.4
19 0
14.3
11.7
37.5
12.5
10.3
14.0
11.1
2,490
2,790
1,876
2,223
2,373
1,743
2,086
2,231
3,296
2,111
4,086
4,405
3,445
4,101
3,977
3,429
3,466
3,445
4,992
3,908
4,512
5,001
4,039
4,728
4,539
4,509
3,740
3,692
5,738
4,366
66
35
113
47
62
67
138
142
9
84
25
20
31
41
37
58
46
42
64
12.2
13.5
10.3
2,449
2,165
2,111
3,966
3,720
3,489
4,515
4,293
3,875
65
93
131
537
804
11.2
3,295
4,922
5,503
3,099
2,634
5,692
4,765
6,198
5,181
8.9
8.7
4,170
4,365
6,652
6,877
7,079
7,325
465
207
2,634
101
156
926
418
4,765
180
328
1,017
445
5,181
197
374
9.8
6.5
8.7
9.4
14.0
3,331
3,285
4,365
3,368
3,371
5,693
5,579
6,877
5,519
5,952
6,045
5,812
7,325
5,791
6,507
2,115
401
4,200
860
4,690
985
11.7
14.5
2,992
3,632
5,165
6,393
5,647
7,054
1,715
401
10
151
16
17
78
19
3,340
860
16
304
28
33
150
44
3,705
985
19
357
34
39
150
52
10.9
14.5
18.8
17.4
21.4
18.2
2,874
3, 632
3,357
2,932
2,800
2,799
2,704
3,343
4*, 921
6,393
4,998
5,393
4,438
4,711
4,645
5,523
5,363
7,054
5,902
6,148
5,048
5,306
4,525
\ 601
5
37
164
15
9
3
170
22
50
3
10
79
309
29
14
5
359
40
96
5
12
91
347
33
17
6
394
47
20.0
15.2
12.3
13.8
21.4
20.0
9.7
17.5
2.1
2,614
2,388
3,169
2,790
3,068
4,133
2,793
3,307
2,963
4,509
4,602
4,070
5,316
4,442
4,617
5,281
4,991
5,195
5,174
4.727
5,399
4,697
5,876
5,023
5,340
6,611
5,365
5,899
5,180
5,794
34
7
53
18
23
24
20
36
30
26
46
13
96
33
44
45
47
59
57
67
53
15
101
40
43
53
49
71
58
15.2
15.4
5.2
21.2
-2.3
17.8
4.3
20.3
1.8
1.5
3,147
2,470
2,967
2,433
2,642
2,593
2,332
2,827
2,546
2,511
4,750
3,909
4,974
4,061
4,404
4,275
4,433
4,637
4,322
4,867
5,446
4.375
5,184
4,851
4,185
4,964
4,551
5,498
4,199
5,004
105
69
14
15
8
24
43
99
9
16
227
131
26
24
16
54
86
181
12
23
255
145
31
27
17
56
89
204
17
12.3
10.7
19.2
12.5
6.3
3.7
3.5
12.7
41.7
13.0
2,986
2,839
2,524
3,893
2,502
1,803
2,723
3,274
3,214
2,583
4,924
4,873
4,109
5,419
4,677
3,111
4,711
6,012
3,916
3,052
5,435
5,349
4,823
5,889
5,236
3,136
4,822
6,637
5,250
3,232
31
15
62
5
127
13
20
65
29
102
10
264
26
75
30
109
13
289
28
41
15.4
3.4
6.9
30.0
9.5
7.7
13.9
2,496
3,055
3,163
2,272
3,049
3,511
2,659
4,498
5,227
5,214
3,953
5,648
6,032
4,367
5,015
5,182
5,787
4,792
6,120
6,482
4,870
46,579
39,868
75,786
63,447
81,509
68,770
7.6
8.4
4,219
4,439
6,768
6,958
7,259
7,532
6,711
247
12,339
436
12,739
452
3.2
3.7
3,263
3,485
5,936
6,187
6,069
6,452
Wilkes
Wilkinson
Worth
Columbus (Consolidated government).
Hawaii
Sum of SMS A counties.
Sum of non-SMSA
counties
Hawaii
Honolulu
Kauai
Maui plus Kalawao...
Idaho
_.
Sum of SMS A counties.
Sum of non-SMSA
counties
.
Ada
Adams
Bannock
Bear Lake
Benewah
Bingham
Blaine
Boise
Bonner
Bonneville.
Boundary. _
Butte
Camas
Canyon
Caribou
Cassia
Clark
__
Clear water.
Custer
Elmore
Franklin...
Fremont. .
Gem
Gooding
Idaho
Jefferson
Jerome
Kootenai..
Latah
Lemhi
Lewis
Lincoln
Madison...
Minidoka..
Nez Perce.
Oneida
Owyhee
Payette
Power
Shoshone
Teton
Twin Falls..
Valley
Washington .
Illinois
Sur of SMS A counties.
Sum of non-SMSA
counties
Adams..
See footnotes at end of table.
18.2
82
125
83
156
120
114
132
Total personal income
Area title
Alexander.
Bond
Boone
Brown
Bureau
Calhoun...
Carroll
Champaign
Christian....
Clark.. _.
Clay....".....
Clinton
Coles
Cook.
Crawford
Cumberland.
DeKalb
De Witt
Douglas
1975
54
80
180
31
246
29
100
12.5
2.6
4.0
-6.1
1969
1975
1976
Rank
in
State
1976
2,237
2,907
4,020
2,703
3,581
2,526
3,577
3,434
3,411
3,597
4,057
5,313
6,536
6,009
6,591
5,295
5,206
6,329
5,756
6,889
4,305
5,441
6,798
5,501
6,657
5,108
5,306
6,131
5,977
6,787
99
80
25
76
30
91
86
50
58
26
Dollars
28
41
100
15
138
14
69
49
548
130
173
33
244
29
99
88
940
252
253
5.2
.4
53
38
85
146
25,343
62
25
239
59
66
84
67
152
269
38,370
114
45
390
116
138
70
157
281
41,612
123
47
406
115
137
4.8
4.5
3.3
4.5
8.4
7.9
4.4
4.1
-.9
-.7
3,271
2,552
3,033
3,079
4,630
3,117
2,574
3,436
3,452
3,454
5,134
4,524
5,149
5,545
7,143
5,779
4,380
5,502
6,837
7,204
5,399
4,634
5,172
5,568
7,786
4,556
5,677
6,815
6,898
83
96
88
74
3
53
98
70
22
20
Du Page...
Edgar
Edwards..
Effingham
Fayette....
Ford...
Franklin...
Fulton
Gallatin...
Greene
Grundy
Hamilton...
Hancock...
Hardin
Henderson.
Henry
Iroquois
Jackson
Jasper
Jefferson
2,441
75
19
69
52
64
107
134
20
51
4,396
140
48
152
97
120
204
266
42
93
4,864
137
50
165
102
117
225
277
41
90
10.6
-2.1
4.2
8.6
5.2
-2.5
10.3
4.1
-2.4
-3.2
5,167
3,441
2,633
2,792
2,496
3,904
2,778
3,199
2,617
2,964
7,971
6,526
6,509
5,478
4,671
7,939
4,989
6,195
5,798
5,522
8,716
6,278
6,462
5,788
4,837
7,784
5,407
6,398
6,017
5,362
1
48
37
64
93
4
82
41
56
84
107
20
69
10
27
193
119
143
28
189
44
135
21
54
346
240
275
58
185
201
43
135
24
49
362
230
297
60
198
6.3
-2.3
14.3
-9.3
4.6
-4.2
8.0
3.4
7.0
4,085
2,279
2,907
2,026
3,198
3,638
3,544
2,671
2,609
2,772
6,742
5,116
6,090
4,126
6,425
6,222
7,181
5,341
5,258
5,450
7,028
5,112
6,129
4,565
5,737
6,474
6,806
5,459
5,457
5,688
15
90
51
97
65
35
24
78
79
69
Jersey
Jo Daviess..
Johnson
Kane..
Kankakee..
Kendall
Knox
Lake
LaSaUe....
Lawrence...
Lee
Livingston-.
Logan
McDonough.
McHenry
McLean
Macon
Macoupin
Madison
Marion
56
61
16
1,014
356
118
214
1,871
422
52
103
101
32
1,769
599
221
387
2,998
704
92
109
110
34
1,929
619
226
408
3,292
744
97
5.8
8.9
6.3
9.0
3.3
2.3
5.4
9.8
5.7
5.4
3,059
2,783
2,093
4,107
3,671
4,638
3,489
4,995
3,777
2,957
5,279
4,555
3,641
6,607
6,227
7,225
6,323
7,427
6,431
5,200
5,627
4,832
3,845
7,137
6,435
7,138
6,664
8,108
6,821
5,542
71
94
101
12
40
11
32
2
21
75
131
147
115
93
469
375
482
139
959
120
224
279
216
188
824
730
820
266
1,497
220
225
272
221
188
913
748
884
277
1,645
236
.4
-2.5
2.3
3,436
3,614
3,431
2,575
4,301
3,651
3,867
3,113
3,848
3,076
6,221
6,821
6,913
4,734
6,561
6,312
6,494
5,755
6,010
5,460
6,305
6,813
7,079
4,696
7,087
6,308
6,990
6,024
6,623
5,896
46
23
14
95
13
45
17
55
33
62
48
58
34
37
53
66
97
130
47
155
119
66
78
108
121
195
250
91
246
85
120
71
76
106
127
200
252
87
250
1.2
.8
7.6
-2.6
-1.9
5.0
3,582
3,602
2,458
3,832
3,067
3,569
3,183
3,571
3,559
3,637
6,248
6,581
4,721
7,248
6,146
6,399
6,391
6,994
6,751
5,697
6,260
6,329
5,103
6,914
5,923
6,667
6,461
7,014
6,778
5,832
49
44
92
19
61
31
38
16
27
63
781
62
63
55
7
18
17
93
46
660
1,437
125
126
100
14
36
32
177
88
1,136
1,545
129
119
104
15
37
32
188
92
1,235
7.5
3.2
-5.6
4.0
7.1
2.8
4,000
3,136
4,046
2,860
1,792
2,049
3,503
2,969
2,733
3,981
7,195
6,075
7,882
5,203
3,289
4,129
5,876
5,399
5,106
6,852
7,706
6,102
7,354
5,430
3,695
4,045
6,057
5,735
5,338
7,468
5
52
81
102
100
54
66
85
6
918
73
655
24
21
72
27
185
452
50
1,518
145
1,212
44
45
125
54
279
876
93
1,623
153
1,282
42
45
123
51
299
921
99
6.9
5.5
5.8
-4.5
-1.6
-5.6
7.2
5.1
6.5
3,233
2,806
4,087
2,902
3,438
3,186
3,581
3,793
3,858
3,065
5,408
5,445
7,090
5,488
7,343
5,423
7,436
5,820
6,951
5,748
5,715
5,624
7,393
5,162
7,329
5,276
6,941
6,290
7,189
5,923
67
72
7
89
9
87
18
47
10
60
340
39
77
40
602
76
152
87
641
82
145
85
6.5
7.9
-4.6
-2.3
3,499
3,030
3,533
2,925
6,188
5,761
7,156
5,847
6,351
6,008
6,740
5,578
43
57
28
73
Marshall
Mason
Massac
Menard
Mercer
Monroe
Montgomery..
Morgan
Moultrie
Ogle
Peoria
Perry
Piatt
Pike
Pope
Pulaski
Putnam
Randolph
Richland
Rock Island
St. Clair
Saline
Sangamon..
Schuyler
Scott
Shelby
Stark
Stephenson.
Tazwell
Union
Vermilion...
Wabash
Warren
Washington..
39
Percent
change
1975-76
Millions of dollars
1969
Per capita personal income
1.0
10.8
2.5
7.8
4.1
9.9
7.3
-4.4
1.6
6.2
4.5
8.7
SUEVEY OF CUEKENT BUSINESS
50
June 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years1—Continued
Total personal income
Area title
Percent
change
1975-76
Millions of dollars
1969
I 1975
Total personal income
Per capita personal income
1976
Dollars
1969
1975
1976
Rank
in
State
1976
Area title
Millions of dollars
1969
1975
Per capita personal income
Percent
change
1975-76
1976
Rank
Dollars
State
1969
1975
1976
I
Wayne
White
Whiteside..
Will
Williamson.
Winnebago _
Woodford...
46
53
229
986
144
979
101
104
391
1,746
266
1,511
197
95
103
410
1,932
296
1,636
201
2.2
-1.0
4.9
10.7
11.3
8.3
2.0
2,674
3,007
3,654
4,038
2,936
4,019
3,622
5,406
6,309
6,139
6,028
5,128
6,183
6,617
5,470
5,971
6,360
6,465
5,700
6,706
6,557
18,572
13,007
29,651
20,700
33,031
23,031
11.4
11.3
3,611
3,726
5,581
5,746
6,230
6,404
5,565
87
1,075
219
41
51
110
25
8,951
144
1,695
353
81
81
197
43
10,000
175
1,900
409
81
89
211
48
11.7
21.5
12.1
15.9
9.9
7.1
11.6
3,369
3,251
3,912
3,890
3,658
3,226
3,590
2, 773
5,233
5,263
5,866
5,949
7,453
5,126
6,058
4,355
5,864
6,395
6,627
6,844
7,456
5,674
6,422
4,909
24
16
9
2
58
22
77
Carroll
Cass
Clark
Clay
Clinton....
Crawford..
Daviess
Dearborn..
Decatur...
DeKalb..
60
147
267
75
108
21
83
94
71
108
116
243
423
125
192
33
130
148
121
174
122
268
454
140
209
35
139
162
139
199
5.2
10.3
7.3
12.0
8.9
6.1
6.9
9.5
14.9
14.4
3,409
3,625
3,576
3,120
3,537
2,559
3,113
3,212
3,152
3,529
6,454
6,062
5,087
5,132
6,274
3,770
4,969
4,754
5,127
5,447
6,840
6,839
5,399
5,730
6,883
3,998
5,385
5,164
5,860
6,268
10
11
69
54
8
92
71
73
44
29
Delaware..
Dubois
Elkhart...
Fayette....
Floyd
Fountain..
Franklin..
Fulton
Gibson
Grant
424
100
511
61
46
56
97
283
641
158
754
144
301
105
72
92
176
435
182
884
162
328
112
80
105
194
493
15.2
17.2
12.5
9.0
6.7
11.1
14.1
10.2
13.3
3,328
3,277
4,100
3,363
3,491
3,344
2,713
3,320
3,194
3,394
4,954
4,924
5,715
5,202
5,309
5,676
4,078
5,233
5,604
5,196
5,440
5,642
6,831
5,933
5,829
6,097
4,397
6,162
6,282
5,895
65
60
12
41
45
35
89
32
28
43
Greene
Hamilton
Hancock
Harrison
Hendricks...
Henry
Howard
Huntington.
Jackson
Jasper
77
210
129
60
195
182
321
124
114
70
127
420
230
104
350
284
531
203
170
123
139
487
264
116
398
331
616
228
196
130
9.4
16.0
14.8
11.5
13.7
16.5
16.0
12.3
15.3
5.7
2,849 4,525
3,948 6,166
3,766 5,723
2,937 4,465
3,713 5,715
3,480 5,304
3,913 6,085
3,540 5,758
3,463 4,977
3,445 5,375
4,967
6,812
6,418
4,901
6,432
6,187
7,043
6,513
5,760
5,545
76
13
23
78
21
31
3
19
53
63
Jay
Jefferson..
Jennings..
Johnson...
Knox
Koscitisko.
Lagrange..
Lake
La Porte..
Lawrence..
75
79
49
201
122
173
60
2,037
379
126
125
126
83
371
210
279
94
3,121
603
197
135
141
97
417
230
321
109
3,484
661
220
8.0
11.9
16.9
12.4
9.5
15.1
16.0
11.6
9.6
11.7
3,172
2,965
2,553
3,447
2,944
3,639
2,917
3,746
3,634
3,315
5,156
4,560
3,986
5,287
5,238
5,323
4,050
5,716
5,687
4,888
5,627
5,161
4,611
5,961
5,656
6,100
4,731
6,386
6,283
5,427
61
74
84
39
59
34
80
25
27
66
Madison
Marion
Marshall.."."
Martin
Miami...!...'
Monroe
Montgomery.
Morgan
Newton..
Noble
;
491
3,301
116
32
132
228
114
145
41
106
768
4,961
202
48
208
380
201
250
66
163
862
5,439
226
51
227
423
221
187
12.2
9.6
11.9
6.3
9.1
11.3
10.0
14.4
4.5
14.7
3,572
4,216
3,322
2,957
3,373
2,778
3,369
3,357
3,519
3,399
5,541
6,351
5,329
4,315
5,206
4,253
5,841
5,174
5,059
4,955
6,237
7,015
5,966
4,586
5,726
4,683
6,528
5,897
5,278
5,696
30
5
38
85
55
82
18
42
72
57
Ohio
Orange..
Owen.
Parke...
Perry...
Pike
Porter...
Posey...
Pulaski..
Putnam.
13
45
34
44
52
39
332
70
40
83
21
70
53
76
77
85
606
123
73
136
22
76
60
81
84
96
693
136
82
152
4.8
8.6
13.2
6.6
9.1
12.9
14.4
10.6
12.3
11.8
2,946
2,674
2,792
3,006
2,756
3,130
3,952
3,272
3,176
3,086
4,446
4,063
4,029
4,951
4,111
7,038
6,270
5,424
5,722
4,954
4,714
4,340
4,658
5,089
4,516
7,781
7,040
6,082
6,564
5,399
81
90
83
75
87
1
4
36
17
Randolph.
Bipley....
Rush . . .
St. Joseph.
Scott
Shelby....
Spencer...
Starke
Steuben...
Sullivan...
102
70
64
912
49
130
45
54
64
61
157
114
102
1,385
79
208
87
93
107
104
168
126
115
1,536
84
234
96
100
123
115
7.0
10.5
12.7
10.9
6.3
12.5
10.3
7.5
15.0
10.6
3,514
3,312
3,155
3,729
2,887
3,477
2,646
2,820
3,241
3,045
5,382
5,071
5,003
5,745
4,191
5,353
4,932
4,468
4,762
5,300
5,769
5,590
5,710
6,440
4,454
6,067
5,476
4,873
5,422
5,826
Monroe
Montgomery.
Muscatine
O'Brien
Osceola
Switzerland..
Tippecanoe...
Tipton
Union
Vanderburgh.
Vermillion
17
360
57
24
603
48
601
100
36
977
84
30
653
110
40
1,092
90
7.1
8.7
10.0
11.1
11.8
7.1
2,673
3,354
3,429
3,603
3,574
2,847
4,084
5,324
6,104
5,381
5,992
4,937
4,333
5,768
6,981
5,821
6,752
5,387
Pottawattamie.
Indiana
Sum of SMSA counties.
Sum of non-SMSA
counties _.
Adams
Bartholomew
Benton
Blackford
Boone
Brown
: : ;
See footnotes at end of table.
Vigo
Wabash
Warren
Warrick
Washington.
Wayne
Wells
White
Whitley
360
118
28
90
53
286
81
77
81
583
184
54
176
82
397
146
140
132
642
209
53
201
92
441
166
152
152
10.1
13.6
-1.9
14.2
12 2
11.1
13.7
8.6
15.2
3,130
3,342
3,190
3,276
2,768
3,631
3,440
3,681
3,481
5,284
5,201
6,504
5,178
4,091
5,126
5,876
6,453
5,307
5,819
5,939
6,303
5,821
4,570
5,767
6,734
6,896
6,143
9,653
3,776
16,777
6,609
17,904
7,310
6.7
10.6
3,441
3,688
5,865
6,197
6,239
6,814
5,876
29
19
41
40
31
74
447
10,168
51
31
74
69
46
126
820
10,593
57
32
83
74
48
123
901
4.2
11.8
3.2
12.2
7.2
4.3
-2.4
9.9
3,299
3,151
3,037
2,687
2,659
3,285
3,265
3,412
5,667
5,432
5,162
4,833
4,689
5,069
5,434
6,105
5,895
6,038
5,560
5,483
4,951
5,327
5,277
6,644
Boone
Bremer
Buchanan
Buena Vista..
Butler
Calhoun
Carroll
Cass
Cedar
_.
Cerro Gordo.
90
73
63
75
51
48
74
55
61
169
162
126
117
120
87
85
120
98
105
294
167
134
124
116
94
79
126
104
107
312
3.1
6.3
6.0
-3.3
8.0
-7.1
5.0
6.1
1.9
6.1
3,494
3,265
3,027
3,623
3,073
3,223
3,205
3,178
3,449
3,434
6,208
5,231
5,236
5,865
5,104
6,145
5,163
5,820
6,050
6,024
6,406
5,603
5,518
5,689
5,482
5,727
5,443
6,196
6,080
6,419
Cherokee...
Chickasaw.
Clarke
Clay
Clayton
Clinton
Crawford...
Dallas
Davis
Decatur
61
41
23
64
59
211
60
93
23
23
97
76
41
124
100
326
98
163
41
40
100
80
44
126
111
349
96
174
41
37
3.1
5.3
7.3
1.6
11.0
7.1
-2.0
6.7
3,524
2,813
3,037
3,480
2,839
3,726
3,095
3,610
2,734
2,384
5,930
5,015
5,296
6,592
4,831
5,660
5,309
5,974
4,862
4,028
6,167
5,247
5,586
6,675
5,415
6,048
5,183
6,380
4,740
3,809
Delaware
Des Moines..
Dickerson...
Dubuque
Emmet... ..
Fayette
Floyd
Franklin....
Fremont
Greene
49
194
42
297
45
75
67
43
36
49
87
274
84
545
80
121
118
80
97
296
85
604
79
133
118
77
58
83
11.5
8.0
1.2
10.8
-1.3
-3.8
-1.7
-6.7
2,607
4,102
3,291
3,299
3,254
2,724
3,372
3,300
3,851
3,820
4,540
6,051
6,116
5,786
5,887
4,681
5,792
6,052
6,401
7,336
5,059
6,544
6,112
6,316
5,820
5,152
5,824
5,890
6,439
6,848
Grundy
Guthrie
Hamilton..
Hancock...
Hardin
Harrison...
Henry
Howard
Humboldt _
Ida....
48
37
65
43
80
54
61
29
43
35
90
61
116
79
133
91
110
51
82
54
60
113
83
137
84
116
54
76
49
-1.6
-2.6
5.1
3.0
-7.7
5.5
5.9
-7.3
-9.3
3,469
3,050
3,500
3,242
3,620
3,335
3,367
2,527
3,385
3,818
6,412
5,005
6,478
5,865
6,039
5,554
6,205
4,465
6,571
5,967
6,447
4,945
6,323
6,180
6,285
5,064
6,586
4,772
6,021
5,573
Iowa
Jackson..
Jasper
Jefferson.
Johnson..
Jones
Keokuk..
Kossuth..
Lee
Linn
55
63
125
50
212
61
45
73
139
635
84
110
209
83
399
101
74
140
231
1,030
91
113
227
94
445
100
81
129
263
1,153
8.3
2.7
8.6
13.3
11.5
-1.0
9.5
-7.9
13.9
11.9
3,522
3,037
3,560
3,225
3,130
3,134
3,162
3,164
3,245
3,926
5,447
5,056
5,735
5,700
5,333
5,119
5,475
6,126
5,551
6,196
5,947
5,123
6,233
6,308
5,803
5,018
6,081
5,692
6,277
6,908
Louisa...
Lucas
Lyon
Madison..
Mahaska.
Marion...
Marshall..
Mills
Mitchell..
Monona..
36
28
43
160
43
41
41
63
54
73
64
123
168
280
75
65
72
66
59
66
66
137
181
305
73
64
57
4.8
9.3
-9.6
3.1
11.4
7.7
8.9
-2.7
-1.5
-20.8
3,276
2,700
3,286
3,114
3,100
3,290
3,966
3,772
3,053
3,349
5,730
5,349
5,504
5,303
5,642
6,195
6,576
6,018
5,125
6,107
5,975
5,874
5,023
5,499
6,318
6,593
7,168
5,804
5,007
4,936
24
47
135
60
28
63
43
77
43
1,119
47
80
246
112
55
113
77
128
78
1,982
49
87
276
115
49
118
74
127
64
2,202
4.3
8.8
12.2
2.7
-10.9
4.4
-3.9
-.8
-17.9
11.1
2,575
3,661
3,694
3,389
3,370
3,403
3,214
3,151
3,406
3,923
5,015
6,217
6,306
6,379
6,735
6,005
5,792
5,325
6,442
6,608
5,263
6,790
7,050
6,623
6,0H
6,356
5,570
5,261
5,465
7,319
285
62
18
56
541
463
115
33
93
961
508
124
33
86
1,066
9.7
7.8
-7.5
10.9
3,297
3,326
2,798
3,554
3,864
5,376
5,885
5,432
6,218
6,373
5,875
6,394
5,423
5,764
7,021
Iowa
Sum of SMSA counties
Sum of non-SMSA
counties
Adair
Adams
Allamakee
Appanoose
Audubon
Benton..
Black Hawk
Palo Alto....
Plymouth...
Pocahontas..
Polk
Poweshiek
Ringgold
Sac
Scott..
-7.5
1976
June 1978
SURVEY OF CURRENT BUSINESS
51
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years1—Continued
Per capita personal income
Total personal income
Area title
Percent
change
1975-76
Millions of dollars
1969
1975
1976
Dollars
1969
Rank
in
State
1976
3,293 5,380
3,086 4,936
3,129 ", 259
3,247 >,894
2,694 ,061
2,933 ,216
2,674 ',198
',427
"I6.Y 3,383
,545
11.5 3,488
3,434
6,084
9.6
-9.3 2,621 5,192
3.6 3,521 5,829
5.5 3,544 6,765
9.8 2,631 4,239
7.7 3,498 6,130
-5.7 3,168 6,080
-4.3 3,541 6,863
5,505
5,181
5,646
6,009
5,464
5,659
5, 293
5,944
6,046
6,621
Pawnee
Phillips
Pottawatomie,
Pratt
Rawlins
__
Reno
Republic
Rice
Riley
Rooks
4,801
6,030
7,021
4,659
6,602
5,658
6,583
Rush
Russell.,..
Saline
Scott
Sedgwick.
Seward
Shawnee..
Sheridan..
Sherman..
Smith
83
143
354
115
42
69
44
215
174
114
84
151
389
118
44
74
44
237
194
125
Wayne
*.
Webster
Winnebago..
Winneshiek.
Woodbury..
Worth
Wright
22
170
46
55
360
28
62
43
275
91
92
634
53
115
39
285
96
101
683
50
110
7,758
3,933
13,610
6,763
14,937
7,515
9.8
11.1
3,470
3,826
5,970
6,468
6,466
7,106
3,825
42
24
57
25
107
45
38
6,847
81
42
97
38
173
86
62
7,423
89
45
109
43
194
95
8.4
9.9
7.1
12.4
13.2
12.1
10.5
9.7
3,166
2,771
2,851
2,970
3,477
3,465
2,952
3,200
5,548
5,274
4,920
5,246
5,619
5,571
5,539
5,339
5,926
5,754
5,238
5,925
6,453
6,175
6,090
5,810
62
82
55
26
37
42
61
Butler
Chase..
Chautauqua..
Cherokee
Cheyene
Clark.
Clay__
Cloud.
Coffey
Comanche
126
12
12
59
14
10
30
42
20
12
223
19
21
94
25
19
57
71
36
16
239
17
23
104
22
17
60
76
43
15
7.2
-10.5
9.5
10.6
-12.0
-10.5
5.3
7.0
19.4
-6.3
3,278
3,546
2,511
2,719
3,184
3,518
3,043
3,097
2,718
4,563
5,630
5,445
4,480
4,410
6,138
6,587
5,830
5,412
4,587
5,571
5,868
4,758
4,993
4,828
5,319
6,069
5,986
5,966
5,630
5,282
58
100
94
98
83
44
51
52
70
84
Cowley
Crawford. .
Decator
Dickinson.
Doniphan.
Douglas...
Edwards..
Elk
Ellis
Ellsworth..
111
109
17
60
26
160
16
10
63
20
183
185
30
114
43
289
31
18
123
41
200
208
28
118
48
324
28
19
141
43
9.3
12.4
-6.7
3.5
11.6
12.1
-9.7
5.6
14.6
4.9
3,157
2,886
3,331
2,986
2,864
2,803
3,444
2,604
2,551
3,237
5,392
5,035
6,049
5,469
4,778
4,500
6,881
4,758
4,798
6,628
5,911
5,628
5,652
5,695
5,262
5,026
6,196
5,376
5,473
6,834
57
71
69
64
86
93
36
81
77
15
Finney
Ford
Franklin
Geary
Gove
Graham
Grant
Gray
Greeley
Greenwood.
61
79
58
99
13
13
22
20
125
134
111
159
21
23
51
21
15
40
143
152
122
172
23
25
67
23
14
49
14.4
13.4
9.9
8.2
9.5
8.7
31.4
9.5
-6.7
22.5
3,236 5,730
3,516 5,649
2,907 5,558
4,100 5,032
3,330 5,373
2,711 5,163
3,751 7,503
4,433 4,343
4,716 8, 259
4,552
6,341
6,403
6,015
5,657
5,683
5,558
9,494
4,246
6,669
5,177
29
28
49
68
67
75
4
103
20
90
Hamilton...
Harper
Harvey
Haskel
Hodgeman.
Jackson
Jefferson
Jewell
Johnson
Kearney
9
28
88
18
11
29
36
19
1,091
11
10
49
161
29
27
48
69
33
1,934
13
11
47
181
25
28
55
75
31
2,171
16
10.0
-4.1
12.4
-13.8
3.7
14.6
8.7
-6.1
12.3
23.1
3,343 3,479 3,914
3,526 6,347 5,732
3,252 5,609 6,073
4,878 7,176 5,944
3,973 L0,071 10,868
2,786 4,355 4,828
3,009 5,238 5,569
3,151 5,842 5.254
5,070 8,114 8,956
3,571 3,849 4,697
104
63
43
54
2
97
74
87
6
101
Kingman
Kiowa
Labette
_.
Lane
_
Leavenworth.
Lincoln
Linn
Logan
Lyon
McPherson...
28
16
82
11
146
14
19
12
86
84
49
24
111
13
272
30
44
20
178
152
50
29
122
4
299
32
47
19
196
161
2.0
20.8
9.9
-69.2
9.9
6.7
6.8
-5.0
10.1
5.9
3,084 5,551
3,801 5,920
3,149 4,485
4,121 5,065
2,757 4,893
3,091 6,682
2,479 5,420
3,261 5,230
2,723 5,565
3,402 6,007
5,604
6,410
4,861
1,399
5,128
6,979
5,612
5,067
6,024
6,216
73
27
96
105
91
13
72
92
48
35
Marion
Marshall
Meade
Miami
Mitchell
Montgomery..
Morris
Morton
Nemaha
Neosho
36
41
20
55
28
126
19
11
30
57
76
36
109
56
219
34
18
54
100
74
85
31
120
57
245
37
22
51
110
12.1
11.8
-13.9
10.1
1.8
11.9
8.8
22.2
-5.6
10.0
2,568 4,771
3,105 5,667
4,036 7,218
2,859 5,238
3,465 7,205
3,154 5,635
2,973 5,125
2 , r ~ 5,122
2,553 4,726
3,035 5,445
5,533
6,329
6,121
5,690
7,196
6,229
5,393
5,847
4,479
5,851
76
30
40
66
10
32
80
60
102
59
17
21
37
24
17
27
42
66
39
42
29
43
73
42
42
6,002
6,329
5,207
7,088
6,731
50
31
89
12
18
See footnotes at end of table.
1.2
5.6
9.9
2.6
4.8
7.2
7.4 3,542
2.4 2,819
10.6 2,807
7.7 3,625
2,756
5,754
6,131
4,812
6,337
6,714
1975
Per capita personal income
Percent
change
1975-76
Millions of dollars
1969
1976
51
85
191
65
24
40
24
144
92
65
Ness
Norton.
Osborne.
Ottawa..
Area title
1975
Shelby
Sioux
Story
Tama
_.
Taylor
Union
Van Buren..
Wapello
Warren
Washington..
Kansas
Sum of SMS A counties.
Sum of non-SMSA
counties
Allen
Anderson
Atchison
Barber
Barton.__
Bourbon
_
Brown
Total personal income
1971
1969
1975
1976
Rank
in
State
1976
Dollars
30
25
34
34
14
212
26
39
192
25
48
44
64
61
24
367
41
73
318
42
49
48
73
70
26
393
47
75
339
45
2.1
9.1
14.1
14.8
8.3
7.1
14.6
2.7
6.6
7.1
3,504
3,174
2,927
3,381
3,079
3,490
2,978
3,096
3, 721
3,209
5,575
5,462
5,109
6,154
5,601
5,880
5,143
6,069
5,159
5,879
5,917
6,113
5,692
7,145
6,146
217
6,040
6,024
5,449
6,066
56
41
65
11
38
34
46
47
79
45
17
33
148
18
1,292
50
578
11
27
19
33
63
284
50
2,187
110
950
38
49
38
33
66
320
56
2,413
116
1,045
34
49
40
4.8
12.7
12.0
10.3
5.5
10.0
-10.5
3,287
3,449
3,200
3,141
3,682
3,173
3,748
2,706
3,466
2,810
6,688
6,961
5,808
8,565
6,321
6,718
6,239
1,833
6,044
5,808
6,607
7,293
6,130
9,255
6,870
6,793
6,815
8,662
5,965
6,218
23
9
39
5
14
17
16
7
53
33
Stafford
Stanton
Stevens
Sumner
Thomas
Trego
Wabaunsee..
Wallace
Washington .
Wichita
21
8
15
76
25
13
20
8
29
14
40
23
42
134
53
29
30
9
56
41
23
50
130
55
28
35
11
60
41
2.5 3,406
3,375
19.0 3,435
-3.0 3,243
3.8 3,367
-3.4 2, 972
16.7 3,192
22.2 3,472
7.1 3,106
57.7 4,239
753
8,867
9,024
5,692
6,572
6,516
4,414
4, 235
6,299
7,636
6,658
8,461
0,616
5,461
6,562
6,662
5,232
4,922
6,700
1, 690
22
8
3
78
25
21
88
95
19
1
Wilson
Woodson...
Wyandotte.
34
12
613
55
18
1,045
60
20
1,175
9.1
11.1
12.4
2,936
2,567
3,278
4,844
4,134
5,860
5,270
4,780
6,603
85
99
24
9,170
5,239
16,523
8,822
7,701
44
50
50
39
131
36
139
18,454
9,812
11.7
11.2
2,867
3,514
4,878
5,667
5,384
6,290
8,642
51
56
56
39
148
38
156
12.2
15.9
12.0
12.0
13.0
5.6
12.2
2,303
1,901
2,086
3,109
2,456
2,399
2,220
1,937
4,207
3,109
3,699
4 722
4,609
4,284
3,822
4,199
4,627
3,516
4,231
5,199
4,606
4,844
4,207
4,617
Kentucky
Sum of SMS A counties.
Sum of non-SMSA
counties
Adair
Allen
Anderson...
Ballard
Barren
Bath
_.
Bell
3,931
25
26
29
20
69
20
61
5.3
99
75
33
59
50
79
58
Boone
Bourbon
Boyd
Boyle
Bracken
Breathitt
Breckinridge..
Bullitt
'.__
Butler
Caldwell
102
59
168
64
17
18
33
65
17
34
192
91
292
117
30
46
57
134
33
217
102
333
131
33
50
65
154
40
69
13.0
12.1
14.0
12.0
10.0
8.7
14.0
14.9
21.2
11.3
3,209
3,219
3,218
3,037
2,356
1,256
2,224
2,598
1,739
2,603
5,135
4,859
5,565
5,136
4,031
2,885
3,727
4,020
3,193
4,686
5,683
5,513
6,363
5,652
4,221
3,078
4,098
4,410
3,860
5,340
14
18
4
15
77
110
81
67
Calloway..
Campbell..
Carlisle
Carroll
Carter
Casey
Christian..
Clark
Clay
Clinton
59
296
11
23
39
20
161
77
22
11
112
454
23
40
71
38
310
134
62
124
502
25
45
81
42
357
156
71
24
10.7
10.6
8.7
12.5
14.1
10.5
15.2
16.4
14.5
9.1
2,203
3,349
2,065
2,674
1,954
1,537
2,871
3,228
1,184
1,346
3,871
5,307
4,204
4,581
3,155
2,678
4,753
5,162
2,956
2,495
4,265
5,929
4,389
5,273
3,509
2,979
5,350
5,947
3,364
2,706
72
11
68
27
100
116
24
9
103
118
Crittenden....
Cumberland..
Daviess
Edmonson
Elliott
Estill
Fayette
Fleming
Floyd
Franklin
19
11
250
15
7
25
615
28
67
113
36
22
441
27
19
51
1,097
42
182
209
41
24
493
31
21
2,184
1,622
3,176
1,704
1,242
1,980
3,629
1^846
3,327
4,014
3,231
5,468
2,853
3,233
3,826
5,886
3,556
4,486
5,655
4,600
3,475
6,087
3,257
3,577
4, 235
6,539
3,774
4,687
6,185
60
101
1, 230
45
200
231
13.9
9.1
11.8
14.8
10.5
11.8
12.1
7.1
9.9
10.5
Fulton
Gallatin..
Garrard...
Grant
Graves...
Grayson..
Green
Greenup..
Hancock..
Hardin...
23
9
29
27
83
33
26
84
18
281
43
17
45
51
151
64
38
150
32
391
46
19
49
56
16'
75
43
17
36
422
7.0
11.8
8.9
9.8
10.6
17.2
13.2
18.0
12.5
7.9
2,224
2,242
3,059
2,675
2,707
2,038
2,502
2,559
2,572
3,644
4,537
3,807
4, 635
4,399
4,681
3,557
3,547
4,371
4,362
5,061
4,879
4,249
5,204
4,702
5,164
3,982
4,086
5,045
5, 028
5,259
47
73
32
53
35
85
82
38
39
28
73
44
28
111
31
13
117
14
2,613
185
71
52
199
53
25
265
29
4,266
206
77
57
230
5'
29
298
31
11.4 1,892
8.5 3,097
2,000
9.
15.6 3,091
7.5 2,807
16.0 2,026
12.5 3,055
6.9 1,422
9.4 3,805
4,596
4,841
3,479
5,422
4,667
3,894
6,192
2,749
6,126
5,016
5,239
3,784
6,166
4,993
4.684
6,766
2,995
6,772
41
30
90
6
42
56
2
113
1
Harlan.
Harrison
Hart
Henderson.
Henry
Hickman...
Hopkins....
Jackson
Jefferson
105
96
74
3
91
55
5
52
SURVEY OF CURRENT BUSINESS
June 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1 —Continued
Per capita personal income
Total personal income
Area title
Percent
change
Millions of dollars
1969
1975
1976
1975-76
Rank
in
State
Dollar j>
Per capita personal income
Total personal income
Area title
Percent
change
Millions of dollars
1969
1975
1976
1976
12.6 2,568
15.3 1,990
10 6 3 462
1,229
1,478
2,553
1 819
1,724
1,507
1 199
4 048
4,167
5 538
3,052
3,290
3,847
3 935
3,546
2,889
3,027
4 467
4,549
6 085
3,229
3,533
4,491
4 331
3, 927
2,998
3,321
66
61
g
107
98
65
71
87
112
104
Jefferson
Jefferson Davis.
Lafayette .
Lafourche..
LaSalle
Lincoln
Livingston
Madison
Morehouse
Natchitoches
_
1,183
65
307
171
25
79
86
28
69
71
2,272
125
668
340
51
149
179
41
124
116
2,598
119
767
383
59
164
216
51
140
136
1,930
2,003
2,110
2,610
2,437
2,088
3 192
1,017
2,386
2,481
5,029
3,069
3,431
4,498
3 885
4,086
5 205
2,413
4,558
3,941
5,139
3,418
3,743
5,028
4,870
4,546
5,806
2,285
4,676
4,345
37
102
92
40
48
62
13
120
57
69
Orleans
Ouachita...
Plaquemines...
Pointe Coupee
Rapides._
Red River
Richland
Sabine
St. Bernard
St. Charles
2,110
313
66
42
313
20
43
34
169
79
3,331
556
130
75
545
32
77
63
315
151
1969
1975
1976
1975-76
Rank
in
State
Dollars
1969
1975
1976
14.3
-4.8
14 8
12.6
15.7
10.1
20.7
24.4
12.9
17.2
3,629
2,218
2 788
2 507
1,867
2,350
2 399
1,844
2,138
2,009
5 698
4,114
5 363
4 664
3,531
4,199
4,188
2,772
3,839
3 251
6 381
3,870
6 040
5 143
4 062
4,483
4 825
3,510
4,278
3 747
3
46
5
15
39
28
21
54
35
47
3,677
643
146
86
606
36
88
71
357
181
10.4
15.6
12.3
14.7
11.2
12.5
14.3
12.7
13.3
19.9
3,513
2,739
2,612
1,925
2,657
2,148
1,967
1,817
3,418
2,724
5,923
4,423
5,002
3,417
4,483
3,368
3 551
3,202
5,413
4,707
6,547
5 002
5,567
3,943
4 928
3,979
3 993
3,589
6,021
5,489
2
17
10
43
20
42
40
52
6
11
13.8
15.1
15.8
13.9
'13.0
10.9
17.7
11.5
40.0
15.9
1,508
2,533
2,190
1,893
1,695
2,660
2,740
2,110
1,835
2,647
3,002
4,731
4,081
3,327
3,359
5,106
4,475
3,580
2 934
5,048
3,364
5 436
4,600
3,739
3,730
5,629
4 990
3,916
4 289
5,737
60
12
26
48
49
8
18
44
34
7
15.5
5.0
3.4
9.8
2,032
2,246
3,271
2,440
3,001
2,177
1,701
1,565
1,961
3,659
4,313
4,540
4,091
4,039
3,857
3,136
2,895
3,122
4,204
4,333
5,202
4,491
4,481
4,342
3,230
3,504
3,453
36
32
13
27
29
30
63
56
58
1976
Johnson..
Kenton
Knott
Knox
Lame
Laurel
Lawrence
Lee
Leslie
44
35
445
18
35
27
49
19
10
14
87
85
719
52
87
44
123
42
20
38
98
98
795
57
97
50
143
49
22
44
Letcher
Lewis
Lincoln
Livingston
Logan
Lyon
Me C rack en
McCreary
McLean
Madison
46
25
35
20
53
12
186
13
22
104
134
39
60
39
86
24
312
34
46
184
143
44
68
46
106
27
349
34
48
205
Magoffin
Marion
Marshall
Martin
Mason
Meade
Menifee
Mercer
Metcalfe
Monroe
11
36
53
13
52
42
g
46
14
20
36
58
101
46
84
61
12
82
25
37
39
65
112
56
92
67
13
94
97
42
8.3
12.1
10.9
21.7
1,078
2,174
2,637
1,364
2,979
2,250
1,547
2,891
1 721
1,739
3,149
3,499
4,460
4,188
4,994
3,374
2,734
4,637
2 972
3,096
3,245
3,956
4,921
4,968
5,478
3,718
3,104
5,278
3,156
3,542
106
86
45
43
21
93
109
26
108
97
St. Helena
St. James .
St. John the Baptist..
St. L a n d r y . . .
__
St. Martin __
St. Mary
St. T a m m a n y . .
Tangipahoa. _ __ __
Tensas
Terrebonne. .
15
50
51
152
55
160
167
138
18
199
29
93
101
267
115
311
345
253
25
421
33
107
117
304
130
345
406
282
35
488
MontfiroiTi6rv
41
14
72
59
17
41
43
18
5
25
77
32
154
103
28
98
83
32
13
43
86
34
185
117
30
116
103
35
14
47
11 7 2,706
1,399
2,627
2,538
2,541
2,194
2,955
2,455
1 085
2,558
4,499
3,035
5,091
4,268
4,106
4,801
4,756
4,101
2,410
4,100
4,896
3,073
5,933
4,732
4,229
5,587
5,156
4,340
2,659
4,506
46
111
10
52
76
16
36
70
119
63
Union __
Vermilion
Vernon. __ _ _
Washington
Webster
West Baton Rouge
West Carroll
West Feliciana
Winn.
37
96
174
103
119
36
22
18
32
71
190
232
173
163
68
40
29
51
82
196
194
190
182
78
42
30
56
Perry
Pike...
Powell
Pulaski . _ _ __
Robertson
Rockcastle ._
Rowan
Russell
Scott
Shelby
48
113
14
78
6
20
31
21
51
59
133
364
28
147
8
34
55
37
86
100
154
398
33
172
9
38
62
44
102
111
4,680
5,239
3,268
3,646
3,802
2,666
3,248
3,193
4,606
5,068
5,250
5,541
3,789
4,009
3,988
2,991
3,582
3,675
5,366
5,462
29
17
89
83
84
114
95
94
23
22
2,971
1,039
5,037
1,740
5,751
1,955
14.2
12.4
2,995
3,397
4,761
5,385
5,375
6,033
17.9
17.0
12.5
11.8
12.7
18.9
18.6
11.0
1,776
1,837
1,821
2,219
2,685
1,602
1,886
2,004
2,902
3,133
1,932
291
222
677
58
96
296
85
3,297
465
366
1,154
100
183
507
149
3,796
531
456
1,290
121
209
575
166
15.1
14.2
24.6
11.8
21.0
14.2
13.4
11.4
2,816
3,203
2,334
3,532
2,591
2,798
3,125
2,935
4,487
4,959
3,773
5,683
4,033
4,739
5,035
4,683
5,089
5,640
4,647
6,332
4,839
5,287
5,631
5,169
2
13
1
11
6
3
Simpson
Spencer
Taylor
_ _
Todd
Trigg
Trimble
Union
Warren
Washi ngton
Wayne
37
15
47
22
19
12
43
147
25
19
61
24
78
42
37
21
81
296
36
40
74
27
88
53
44
23
94
330
43
47
21.3
12.5
12.8
26.2
18.9
9.5
16.0
11.5
19.4
17.5
2,867
2,648
2,785
2,041
2,253
2,302
2,721
2,621
2,332
1,356
4,324
4,239
4,355
3,720
4,077
3,754
4,805
4,791
3,496
2,598
5,222
4,940
4,852
4,698
4,817
4,214
5,496
5,184
4,112
2,984
31
44
49
54
51
78
20
34
80
115
66
121
349
43
71
111
63
69
352
115
195
609
70
121
174
108
125
596
129
223
693
80
134
199
124
143
677
12.2
14.4
13.8
14.3
10.7
14.4
14.8
14.4
13.6
3,257
2,770
2,779
2,644
3,037
2,746
2,703
2,289
3,182
4,976
4,366
4,568
4,185
4,604
4,013
4,116
3,793
4,904
5,445
4,926
5,107
4,784
5,120
4,480
4,626
4,203
5,542
5
10
9
12
8
15
14
16
4
33
51
7
57
70
119
18
88
80
135
19
99
14.3
13.4
5.6
12.5
2,463
2,089
1,296
3,987
4,948
4,239
2,915
5,372
5,511
4,498
2,958
5,899
19
64
117
12
26,318
23,196
28,909
25,440
9.8
9.7
3,987
4,126
6,385
6,607
6,975
7,220
18,434
12,844
20,766
14,577
12.7
13.5
2,839
3,221
4,844
5,367
5,406
6,002
5,590
216
69
161
86
114
95
55
6,189
225
71
198
96
126
105
59
10.7
4.2
2.9
23.0
11.6
10.5
10.5
3,958
4,064
3,372
3,991
4,221
2,995
3,707
3,327
4,382
4,179
3,506
4,810
4,714
3,311
3,980
3,540
"37
55
22
24
61
41
53
3,468
423
2,317
4,693
159
117
510
287
3,169
2,975
3,928
4,354
2,697
3,253
3,399
3,275
5,113
4,690
6,114
6,672
5,394
4,783
5,606
4,706
5,587
5,132
6,642
7,269
5,768
5,289
6,052
5,217
21
6
3
16
19
11
20
7.3
2,217
2,088
2,090
2,328
2,029
1,831
2,222
1,983
3,123
388
2,095
4,268
145
103
455
263
11.0
10,275
Louisiana
Sum of S M S A counties. 7,222
Sum of non-SMSA
3,052
counties
Acadia
108
Allen.
43
Ascension
85
Assumption
40
Avoyelles .
69
50
Beauregard
Bienville
32
15,420
Maryland
Sum of SMS A counties. 13,630
Sum of non-SMSA
1,790
counties
251
Allegany
1,144
Anne Arundel
2,667
Baltimore
55
Calvert .
64
Caroline
231
Carroll
Cecil.
174
12.0
11.0
14.3
20.0
5.0
28.1
11 1
20.5
12.6
17.0
2,6°9
3,205
2,973
1,636
2,624
1,627
2,291
2,359
2,152
3,450
4,561
5,509
4,966
2,953
4,425
2,877
3,883
4,128
3,783
5,845
5,034
6,043
5,594
3,496
4,643
3,635
4,300
4,954
4,169
6,717
16
4
9
57
25
50
33
19
38
1
3,149
3,079
3,348
2,124
3,641
4,189
3,321
5,597
3,900
3,109
5,347
5, 332
5,638
3,893
5,580
6,966
5,166
9,115
6,466
4,970
5,784
6,024
6,117
4,152
6,060
7,554
5,681
9,967
7,084
5,400
13
12
9
24
10
2
17
1
5
18
2,821
2,472
4,080
3,343
3,508
3,366
4,267
4,007
6,393
5,309
5,329
5,381
4,646
4,228
7,136
5,782
5,784
6,122
22
23
4
15
14
8
11.4
12.1
7.8
1,805
1,831
1,799
1,678
1,838
2,422
2,364
2,363
2,877
3,507
3,172
2,819
3,115
4,644
4,274
3,944
3,292
3,898
3,405
3,071
3,616
5,155
4,774
4,339
62
45
59
64
51
14
23
31
7
JBSSSLIHI n.6
Morgan
Muhlenberg
Nelson
Nicholas
Ohio .
Oldham
Owen
Owsley
Pendleton
__ _
_ _.
Webster _
Whitley
Wolfe
Woodford
Bossier
Caddo
Calcasieu
Caldwell
Cameron
Catahoula
Claiborne
Concordia
De Soto
East Baton Rouge
167
740
430
15
21
19
39
53
49
972
316
1,315
749
30
40
32
63
88
87
1,816
354
1,460
856
36
42
41
70
106
98
2,125
East Carroll
East Feliciana .
Evangeline.. ._
Franklin
Grant
Iberia
Iberville
Jackson
23
33
57
40
25
138
73
37
35
58
103
66
45
283
130
64
39
65
111
72
54
322
144
71
See footnotes at end of table.
9.6
11.5
13. 6
16.3
16.7
10.0
15 8
6.7
12 8
13.3
17.9
23.3
12.5
11 9
4.3
11.4
9.5
9.8
8.3
14.6
80
13.5
6.3
20.1
13.6
7.1
18.4
24.1
9.4
77
9.3
15.8
9.3
9.1
20.0
13.8
10.8
10.9
__
.
Maine
Sum of SMS A counties.
Sum of non-SMSA
counties.
Androscoggin...
Aroostook..
Cumberland.
FranklinHancock..
Kennebec
Knox. _
_.
Lincoln
Oxford....
Penobscot.. _
Piscataquis
Sagadahoc. _
Somerset
Waldo...
Washington...
York
3.2
-16.4
9.8
11.7
14.7
9.0
10.6
10.0
9.7
13.6
12.1
9.1
Charles
Dorchester _
Frederick..
Garrett
Harford
Howard..
Kent.
Montgomery
Prince Georges .
Queen Annes. _ _ _
147
91
282
46
410
252
54
2,855
2,492
57
323
159
545
94
757
683
86
5,215
4,397
102
366
181
611
103
844
784
96
5,755
4,785
117
St. Marys.. _
Somerset
Talbot
Washington
Wicomico.
___
Worcester
Baltimore—Independent city.
132
47
96
345
189
82
221
78
164
578
315
146
243
84
183
637
350
164
3,258
4,739
5,098
7.6
3,581
5,608
6,138
35,215
33,996
38,315
36,967
8.8
8.7
3,999
4,005
6,053
6,059
6,596
6,607
1,220
813
1,348
908
10.5
11.7
3,810
4,020
5,896
6,272
6,290
6,684
Massachusetts . . . 22,596
Sum of SMS A counties. 21,973
Sum of non-SMSA
counties
Barnstable
623
381
13.3
13.8
12.1
9.6
11.5
14.8
11.6
10.4
8.8
14.7
10.0
7.7
11.6
10.2
11.1
12.3
4
June 1978
SURVEY OF CURRENT BUSINESS
53
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1 —Continued
Total personal income
Area title
Millions of dollars
1969
Berkshire..
Bristol
Dukes
1975
Per capita personal income
Percent
change
1975-76
Dollars
1976
1975
1976
5,783
5,152
5,680
6,328
5,179
5,636
4,830
6,708
5,643
6,218
5,709
6,110
6,923
5,494
6,083
5,241
7,301
6,114
6,121
17
862
2,390
46
3,994
329
2,614
645
9,385
32
920
2,649
51
4,328
353
2,798
712
10,200
36
6.7
10.8
10.9
8.4
7.3
7.0
10.4
8.7
12.5
3,778
3,381
3,740
3,970
3,428
3,782
3,207
4,413
4,594
2,824
1,186
2,799
2,352
4,379
2,102
3,974
3,651
4,778
2,313
4,286
3,982
9.1
10.0
7.9
9.1
4,708 7,062 7,717
3,616 5,536 6,028
3,812 5,498 6,007
3,708 5,633 6,144
Michigan
34,803
Sum of SMSA counties 30,157
Sum of non-SMSA
counties
4,646
Alcona
17
Alger
19
Allegan
197
Alpena
86
Amtrim
35
Arenac
30
Baraga
_.
20
54,449
46,393
61,515
52,550
13.0
13.3
3,963
4,134
5,976
6,236
6,757
7,089
8,056
33
35
330
156
66
56
34
8,965
38
40
364
174
73
67
39
11.3
15.2
14.3
10.3
11.5
10.6
19.6
14.7
3,125
2,713
2,336
3,092
2,830
2,993
2,823
2,554
4,819
3,815
3,861
4,630
4,717
4,249
4,292
4,252
5,301
4,318
4,189
5,068
5,280
4,707
5,080
4,864
117
406
24
613
113
539
144
46
45
83
193
638
46
957
196
864
236
87
83
153
218
730
52
1,032
217
965
267
99
93
171
13.0
14.4
13.0
7.8
10.7
11.7
13.1
13.8
12.0
11.8
3,361
3,494
2,916
3,746
3,143
3,800
3,578
2,797
2,912
2,566
4,646
5,315
4,646
5,623
5,150
6,131
5,154
4,656
4,262
4,253
5,207
6,116
5,027
6,003
5,660
6,874
5,835
5,160
4,691
4,620
41
169
17
98
73
255
58
1,727
34
56
83
273
35
176
134
402
107
2,679
66
97
95
309
39
202
149
463
120
3,220
75
105
14.5
13.2
11.4
14.8
11.2
15.2
12.1
20.2
13.6
8.2
2,786
3,560
2,806
2,762
3,065
3,884
3,289
3,871
2,812
2,734
3,883
5,202
4,257
4,497
5,356
5,175
5,030
5,970
3,940
4,692
4,237
5,959
4,313
5,140
5,960
5,924
5,713
7,223
4,384
5,195
135
128
113
84
100
979
132
68
35
114
258
211
192
149
178
1,638
211
127
64
200
290
232
216
167
192
1,842
239
144
71
225
12.4
10.0
12.5
12.1
7.9
12.5
13.3
13.4
10.9
12.5
3,378
3,276
3,126
2,494
3,017
3,787
2,871
3,008
2,517
2,802
5,730
5,289
4,780
4,030
4,971
6,104
4,451
4,457
4,478
4,053
6,317
5,922
5,347
4,554
5,428
6,855
4,912
5,027
4,746
4,373
Jackson
Kalamazoo.
Kalkaska...
Kent
Keweenaw..
Lake
Lapeer
Leelanau
Lenawee
Livingston..
553
762
14
1,530
5
13
174
31
294
204
845
1,265
42
2,450
9
25
300
60
470
402
922
1,392
47
2,714
10
28
344
67
514
474
9.1
10.0
11.9
10.8
11.1
12.0
14.7
11.7
9.4
17.9
3,876
3,891
2,538
3,725
2,555
2,755
3,385
3,124
3,618
3,748
5,750
6,280
4,955
5,774
4,198
3,714
4,854
4,806
5,437
5,166
6,268
6,888
4,679
6,373
4,381
4,122
5,487
5,350
5,940
5,818
Luce
Mackinac
Macomb
Manistee
Marquette..
Mason.
Mecosta
Menominee.
Midland
Missaukee..
18
26
2,664
59
183
61
63
64
265
16
34
46
4,241
100
351
108
115
110
415
35
51
4,874
111
395
121
127
122
476
38
11.8
10.9
14.9
11.0
12.5
12.0
10.4
10.9
14.7
8.6
2,566
2,708
4,292
2,995
2,907
2,756
2,391
2,693
4,260
2,421
4,835
4,326
6,357
4,615
5,062
4,388
3,404
4,319
6,143
3,981
5,150
4,918
7,267
5,083
5,572
4,855
3,678
4,846
7,044
4,112
Monroe..
Montcalm
Montmorency.
Muskegon
Newaygo
Oakland
Oceana
Ogemaw
Ontonagon
Osceola
423
124
12
533
81
4,548
49
26
27
38
694
207
27
795
132
7,329
83
56
51
72
775
227
31
888
147
8,335
92
64
51
75
11.7
9.7
14.8
11.7
11.4
13.7
10.8
14.3
4.2
3,643
3,088
2,672
3,407
2,988
5,138
2,868
2,499
2,597
2,487
5,495
4,716
3,955
5,054
4,213
7,594
4,016
3,758
4,538
4,182
6,082
5,124
4,384
5,633
4,705
8,619
4,450
4,269
4,391
4,189
21
60
748
53
59
1,297
674
272
24
72
839
59
68
1,513
753
303
14.3
20.0
12.2
11.3
15.3
16.7
11.7
11.4
2,110
2,924
3,723
2,354
3,069
3,600
3,590
3,573
3,472
4,456
5,303
3,847
4,092
5,731
5,195
5,354
3,596
5,115
5,896
4,216
4,481
6,692
5,790
5,919
Franklin. _.
Hampden _.
Hampshire.
Middlesex...
NantucketNorfolk....
Plymouth.
Suflolk....
Worcester..
1,492
23
2,517
202
1,727
393
Barry
Bay
Benzie
Berrien
Branch
Calhoun
Cass
Charlevoix..
Cheboygan.
Chippewa..
Claire
Clinton...
Crawford. _
Delta
Dickinson.
Eaton
Emmet
Genesee...
Gladwin...
Gogebic...
Grand Traverse.
Gratiot
Hillsdale
Houghton
Huron
Ingham
Ionia.
Iosco
Iron
_
Isabella
Oscoda.
Ottawa..
Presque Isle.
Roscommon.
Saginaw
St. Clair
St. Joseph...
458
30
27
790
424
166
See footnotes at end of table.
Bank
in
State
1976
Total personal income
Area title
Percent
change
1975-76
1969
1975
11.8
10.8
9.7
14.4
10.8
12.9
12.4
11.9
3,102
2,508
3,613
3,164
3,206
4,155
4,241
2,704
4,579
4,264
5,358
4,926
4,779
6,425
6,400
4,617
5,037
4,593
5,904
5,523
5,278
7,215
7,315
5,146
24,521
17,497
8.5
10.2
3,555
4,006
5,765
6,299
6,185
6,885
6,735
47
1,035
106
91
104
38
274
7,025
53
1,179
115
104
117
30
303
4.3
12.8
13.9
8.5
14.3
12.5
-21.1
10.6
2,751
2,132
3,827
2,291
1,915
2,565
2,570
3,124
4,805
3,762
5,580
3,995
3,130
4,522
4,746
5,314
4,935
4,118
6,182
4,147
3,439
5,010
3,774
5,832
71
7
70
83
38
79
14
87
77
90
37
41
50
130
16
9
43
151
127
168
69
70
96
230
26
16
82
159
143
182
77
60
108
263
27
18
5.3
12.6
8.3
11.6
-14.3
12.5
14.3
3.8
12.5
4.9
3,077
2,616
3,298
2,303
2,735
2,867
3,070
1,962
2,684
2,970
5,100
4,453
5,007
3,551
4,572
4,380
4,929
3,032
4,473
5,400
5,247
4,869
5,331
3,839
3,769
4,815
5,595
3,075
4,769
5,675
32
43
25
77
80
45
21
87
49
18
92
535
37
57
60
61
120
108
19
4,350
163
1,056
66
105
108
102
199
198
42
6,653
182
1,166
69
112
125
112
220
220
33
7,267
11.7
10.4
4.5
6.7
15.7
9.8
10.6
11.1
-21.4
9.2
2,732
4,155
2,722
2,536
2,823
2,791
3,204
3,120
2,479
4,495
4,220
6,238
4,906
4,198
5,342
4,655
5,421
5,251
5,675
7,223
4,595
6,646
5,024
4,428
6,136
5,073
5,939
5,633
4,373
7,929
57
4
37
49
20
48
90
43
25
88
17
43
29
82
42
85
174
85
47
165
50
78
52
95
47
91
15.9
11.9
7.1
20.1
-5.9
10.6
4,589
3,484
4,256
4,553
5,837
4,120
5,069
7,304
4,475
4,656
5,267
3,693
4,431
5,115
5,479
4,570
4,983
4,711
4,936
3,496
30
81
61
33
23
58
39
51
40
1975
1976
106
20
226
156
178
929
11,389
53
178
37
371
263
295
1,585
16,121
101
199
41
407
301
327
1,790
18,126
113
Minnesota
Sum of SMSA counties
Sum of non-SMSA
counties.. .
Aitkin
Anoka
_
Becker
Beltrami
Benton
Big Stone
Blue Earth
13,358
9,641
22,608
15,873
3,717
24
540
56
46
51
20
151
Brown
Carlton
Carver.._
Cass
Chippewa
Chisago..
Clay
"'..""[.'.
Clearwater
Cook
Cottonwood
1969
Crow Wing
Dakota
Dodge...
Douglas
Faribault
Fillmore
Freeborn
Goodhue
Grant
Hennepin
_
._ . . . _.
Houston
Hubbard.
Isanti
Itasca
Jackson
Kanabec
Kandiyohi...
Kittson
Koochiching
LacQuiParle
_.
Lake
Lake of the Woods....
Le Sueur
Lincoln
Lyon
._
_.
McLeod
Mahnomen...
_.
Marshall...
Martin
Meeker
Mille Lacs
Morrison. _
Mower
Murray
Nicollet
Nobles
Norman
Olmsted...
Otter Tail
Pennington
_.
Pine...
Pipestone.
Polk
Pope
Ramsey
Red Lake
Redwood
Renville
Rice
Rock
Roseau
_
St. Louis
Scott.
Sherburne
Sibley
Stearns
Steele
Stevens. .
Swift.
Todd
Traverse
Wabasha
Wadena
..
Dollars
Rank
in
State
1976 1976
Millions of dollars
Sanilac
Schoolcraft
Shiawassee
Tuscola..
Van Buren
Washtenaw
Wayne
Wexford
Per capita personal income
50
64
23
32
38
5
2
43
13
20
64
1
52
165
32
87
39
-36.0
11.5
-25.0
2,782
1,940
2,608
2,520
3,083
2,516
2,842
2,262
2,532
2,553
61
15
117
33
119
159
25
74
147
68
16
125
27
127
167
27
53
154
104
11.5
6.7
6.8
-18.2
6.7
5.0
8.0
-28.4
4.8
5.1
2,649
2,060
3,060
2,528
3,036
3,295
2,356
2,164
3,247
2,776
4,497
3,508
5,226
3,940
4,818
5,486
4,414
5,630
5,886
4,931
4,873
3,941
5,593
3,245
5,112
5,740
4,739
3,967
6,136
5,105
42
74
22
86
34
16
50
73
9
35
40
59
156
35
68
67
25
307
114
36
73
100
244
61
130
129
43
549
208
71
83
110
257
59
139
124
45
614
212
79-
2,606
2,144
3,456
2,678
6*. 9 2,673
-3.9 2,867
4.7 2,460
11.8 3,736
1.9 2,424
11.3 2,712
4,102
3,610
5,593
5,173
5,284
5,573
4,501
6,206
4,280
4,863
4,495
3,903
5,957
4,780
5,658
5,329
4,665
6,824
4,323
5,312
59
75
12
46
19
26
56
3
67
29
39
37
89
27
2,001
12
56
63
123
39
73
63
196
52
3,038
27
101
114
208
77
82
56
159
47
1,340
25
93
102
230
66
12.3
-11.1
-18.9
-9.6
9.9
-7.4
-7.9
-10.5
10.6
-14.3
2,244
2,872
2,588
2,448
4,290
2,110
2,753
2,946
2,842
3,649
3,948
5,289
5,604
4,716
6,601
5,060
5,137
5,445
4,785
6,748
4,368
4,694
4,428
4,047
7,316
4,691
4,680
4,821
5,321
5,802
65
53
63
72
2
54
55
44
27
15
28
702
98
49
42
241
96
28
34
43
56
1,227
194
113
84
426
171
59
60
76
1,406
216
129
78
468
190
48
45
81
7.1
14.6
11.3
14.2
-7.1
9.9
11.1
-18.6
-25.0
2,341
3,127
3,131
2,901
2,556
2,670
3,493
2,561
2,453
1,964
4,570
5,666
4,899
4,414
5,376
4,168
5,961
5,303
4,551
3,275
4,779
6,407
5,262
4,709
4,894
4,484
6,548
4,242
3,416
3,395
47
6
31
52
41
60
5
69
84
85
16
50
29
35
89
51
24
103
58
-31.4
15.7
13.7
2,355
2,939
2.312
5,835
4,848
3,853
3,862
5,422
4,313
24
68
21
14
29
79
53
13.7
10.0
5.3
54
SURVEY OF CURRENT BUSINESS
June 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected YearsI—Continued
Per capita personal income
Total personal income
Area title
Percent
change
1975-76
Millions of dollars
1969
1975
1976
Rank
in
State
1976
Dollars
1969
1975
50
301
39
25
134
109
95
576
67
51
217
210
59
108
647
72
38
243
236
55
13.7
12.3
7.5
-25.5
12.0
12.4
-6.8
2,990
3,866
3,048
2,618
3,123
2,790
2,679
5,348
5,572
5,326
5,748
4,809
4,410
4,139
6,006
6,024
5,718
4,341
5,318
4,769
3,812
5,167
1,594
9,462
3,044
10,663
3,411
12.7
12.1
2,327
2,987
4,043
4,972
4,529
5,476 .
3,573
99
65
23
36
14
88
28
6,418
172
119
39
64
23
154
49
7,252
193
135
46
73
26
170
60
13.0
12.2
13.4
17.9
14.1
13.0
10.4
22.4
2,119
2,636
2,396
1,651
1,820
1,813
1,747
1,859
3,713
4,508
4,173
3,004
3,439
3,081
3,171
3,204
4,188 .
5,112
4,778
3,513
3,921
3,362
3,601
3,937
Carroll
Chickasaw.
Choctaw. _.
Claiborne...
Clarke
Clay
Coahoma...
Copiah
Covington..
De Soto
17
36
16
18
29
41
77
48
27
89
25
64
29
33
55
79
128
87
52
205
28
76
32
40
63
90
147
96
59
234
12.0
18.8
10.3
21.2
14.5
13.9
14.8
10.3
13.5
14.1
1,764
2,134
1,847
1,782
1,910
2,192
1,878
1,900
1,900
2,561
2,703
3,694
3,313
3,125
3,564
4,002
3,316
3,446
3,615
4,180
3,125
4,370
3,663
3,579
4,056
4,512
3,794
3,867
3,976
4,636
Forrest.-.
Franklin
George
Greene
Grenada
Hancock
Harrison
Hinds
Holmes
Humphreys.
145
14
24
14
50
42
409
693
38
23
274
24
50
25
81
66
658
1,308
57
42
308
27
57
29
94
75
727
1,460
69
45
12.4
12.5
14.0
16.0
16.0
13.6
10.5
11.6
21.1
7.1
2,510
1,685
1,957
1,583
2,540
2,519
3,066
3,254
1,613
1,511
4,448
2,947
3,552
2,911
4,065
3,567
4,578
5,695
2,510
2,953
4,933
3,335
3,986
3,344
4,678
3,916
5,007
5,304
3,135
3,156
Issaquena
Itawamba
Jackson
Jasper
Jefferson
Jefferson Davis.
Jones
Kemper
Lafayette
Lamar
4
36
240
32
14
23
135
15
47
30
4
65
541
57
28
41
249
27
92
68
7
75
609
61
32
45
279
31
106
76
75.0
15.4
12.6
7.0
,14.3
9.8
12.0
14.8
15.2
11.8
1,433
2,155
2,823
1,970
1,523
1,738
2,377
1,455
1,952
1,964
1,710
3,647
5,105
3,456
3,208
3,099
4,232
2,619
3,454
3,703
3,274
4,189
5,624
3,740
3,614
3,504
4,712
3,062
3,983
4,079
Lauderdale.
Lawrence...
Leake
Lee
Leflore
Lincoln
Lowndes
Madison
Marion
Marshall
194
19
33
130
95
57
121
63
45
39
353
36
60
255
164
99
226
109
86
80
382
39
67
297
177
111
258
126
94
8.2
8.3
11.7
16.5
7.9
12.1
14.2
15.6
9.3
10.0
2,876
1,696
1,914
2,848
2,219
2,164
2,446
2,076
1,959
1,633
4,974
3,024
3,390
5,001
3,967
3,717
4,233
3,324
3,562
2,920
5,364
3,308
3,688
5,739
4,292
4,166
4,823
3,820
3,916
3,280
79
27
40
41
24
58
54
60
14
135
43
78
76
36
115
90
109
29
120
153
49
88
84
42
127
105
121
33
133
13.3
14.0
12.8
10.5
16.7
10.4
16.7
11.0
13.8
10.8
2,322
2,113
1,903
2,128
1,635
2,026
1,994
2,199
1,572
2,140
3,889
3,296
3,581
3,890
2,725
3,657
3,290
3,901
3,019
3,548
4,504
3,792
4,070
4,310
3,228
3,833
3,821
4,292
3,338
3,904
Pontotoc.
Prentiss...
Quitman. _
Rankin
Scott
Sharkey...
Simpson...
Smith
Stone
,.
Sunflower.
34
40
25
106
48
14
51
28
17
64
76
38
232
80
24
86
48
35
80
87
43
264
91
29
97
54
42
108
17.6
14.5
13.2
13.8
13.8
20.8
12.8
12.5
20.0
12.5
1,971
1,996
1,523
2,444
2,234
1,495
2,531
2,010
2,067
1,686
3,579
3,626
2,686
4,065
3,626
2,946
4,071
3,351
4,145
2,661
4,195
4,049
3,048
4,415
4,091
3,877
4,686
3,635
5,003
3,044
Tallahatchie..
Tate....
Tippah
Tishomingo..
Tunica
Union
Walthall
Warren.
Washington...
Wayne
31
38
33
31
20
44
23
125
169
28
50
71
59
58
32
82
41
226
291
53
80
68
66
33
95
48
259
319
60
20.0
12.7
15.3
13.8
3.1
15.9
17.1
,14.6
9.6
13.2
1,555
2,019
2,057
2,052
1,592
2,271
1,827
2,772
2,359
1,688
2,749
3,503
3,401
3,666
2,932
4,036
3,232
4,685
4,084
3,053
3,365
3,952
3,798
4,142
3,079
4,643
3,745
5,269
4,469
3,382
21
21
39
24
59
36
32
67
41
106
42
37
74
47
125
16.7
15.6
10.4
14.6
17.9
2,034
1,830
2,118
2.004
2,126
3,590
3,181
3,463
3,343
3,924
4,140
3,670
3.854
3,848
4,555
Waseca
Washington
Watonwan
Wilkin
Winona
Wright
Yellow Medicine
Mississippi
Sum of SMS A counties.
Sum of non-SMSA
counties
Adams...
Alcorn
Amite
Attala
Benton
Bolivar
Calhoun
Monroe
Montgomery..
Neshoba
Newton
Noxubee
Oktibbeha.-.
Panola.
Pearl River..
Perry...
Pike
Webster
Wilkinson..
Winston _..,
Yalobusha..
Yazoo
See footnotes at end of table.
Total personal income
Area title
Millions of dollars
1969
Percent
change
1975-76
1975
1976
15,860
11,665
25,974
18,503
28,465
20,464
4,195
55
37
29
80
51
25
40
7,470
104
59
52
140
91
44
77
Benton
BolHnger.
Boone
Buchanan.
Butler...
Caldwell
Callaway
Camden
Cape Girardeau.
Carroll
21
15
241
288
73
21
73
32
141
42
Carter
Cass
Cedar
Chariton..
Christian..
Clark
Clay
Clinton....
Cole
Cooper
Missouri
Sum of SMS A counties.
Sum of non-SMSA
counties...
Adair
Andrew
Atchison
Audrain
Barry
Barton
Bates
Per capita personal income
Dollars
1969
Rank
in
State
1975 1976 1976
9.6 3,418
10.6 3,908
5,449 5,957
6,089 6,746
8,001
114
64
55
145
102
46
78
7.1
9.6
8.5
5.8
3.6
12.1
4.5
1.3
2,535
2,428
3,083
3,153
3,131
2,579
2,423
2,535
4,322
4,524
4,362
5,498
5,433
4,217
4,024
4,754
4,586
4,960
4,646
5,985
5,522
4,673
4,203
4,803
44
28
450
465
147
37
125
64
270
46
30
504
508
152
39
142
72
301
65
4.5
7.1
12.0
9.2
3.4
5.4
13.6
12.5
11.5
-4.4
2,164
1,625
3,033
3,263
2,132
2,488
2,800
2,439
2,846
3,250
3,742
2,805
5,310
5,411
3,976
4,089
4,563
3,905
5,266
5,507
3,944
3,024
5,879
5,931
4,041
4,270
5,067
4,189
5,709
5,378
85
111
6
126
22
32
38
19
451
41
157
46
13
227
36
53
75
30
776
66
284
78
14
253
39
58
84
32
863
71
314
82
7.7
11.5
8.3
9.4
12.0
6.7
11.2
7.6
10.6
5.1
1,542 2,835 2,940
3,387 4,776 5,222
2,303 3,415 3,444
2,836 4,939 5,527
2,544 3,835 4,249
2,307 3,711 3,868
4,006 5,884 6,519
3,269 4,572 4,802
3,408 5,675 6,050
3,050 5,351 5,389
113
28
103
18
66
89
3
43
5
22
Crawford...
Dade
Dallas
Daviess
De Kalb....
Dent
Douglas
Dunklin....
Franklin. _.
Gasconade..
35
16
19
20
21
25
15
69
162
30
62
25
34
34
36
49
26
135
305
52
71
28
37
37
35
53
28
139
354
58
14.5
12.0
8.8
8.8
-2.8
8.2
7.7
3.0
16.1
11.5
2,328
2,322
1,828
2,286
2,773
2,166
1,526
2,015
2,893
2,463
4,236
3,805
3,064
4,298
4,192
4,132
2,585
3,851
5,490
4,464
67
91
109
64
71
77
115
90
20
61
Gentry...
Greene...
Grundy..
Harrison..
Henry
Hickory..
Holt
Howard..
Ho well...
Iron
22
483
29
25
54
8
22
28
51
23
40
874
53
41
103
19
33
44
93
44
38
976
54
40
107
19
34
48
98
50
-5.0
11.7
1.9
-2.4
3.9
3.0
9.1
5.4
13.6
2,665 4,873 4,609
3,182 5,305 5,860
2,468 4,645 4,759
2,366 4,071 4,058
2,866 5,355 5,671
1,729 3,200 3,142
3,225 4,867 4,842
2,566 4,278 4,720
2,169 3,452 3,557
2,378 4,187 4,755
56
10
47
79
16
107
38
50
100
48
2,533
234
306
81
15
49
85
60
26
58
3,908
397
559
150
24
92
152
112
47
93
4,294
436
628
160
22
99
162
123
45
99
9.8
12.3
6.7
-8.3
7.6
6.6
9.8
-4.3
6.5
3,882 6,208 6,949
2,895 4,834 5,299
2,970 4,570 5,057
2,396 4,578 4,695
2,559 4,288 4,039
2,430 4,220 4,378
3,149 5,312 5,591
2,429 4,059 4,466
2,336 4,340 4,220
3,242 4,596 4,939
2
24
31
51
81
63
17
60
68
36
Linn
Livingston.
McDonald. .
Macon
Madison
Maries
Marion
Mercer
Miller
Mississippi..
41
47
28
42
19
13
81
11
39
31
84
42
70
31
24
140
19
71
73
89
47
73
35
27
150
19
80
58
12.7
-3.3
2,636
3,001
2,213
2,659
2,123
1,942
2,869
2,145
2,569
1,807
Moniteau
Monroe
Montgomery..
Morgan
New Madrid..
Newton
Nodaway
Oregon
Osage
Ozark
29
27
28
25
40
79
55
17
26
11
50
45
53
45
90
138
97
32
44
23
52
46
53
48
86
152
105
33
47
24
4.0
2.2
6.7
-4.4
10.1
8.2
3.1
6.8
4.3
2,681 4,388
2,790 4,536
2,555 4,609
2,417 3,627
1,634 3,722
2,377 3,801
2,408 4,494
1,786 3,217
2,320 3,602
1,688 3,142
47
37
102
75
46
115
35
185
11
20
61
53
12
95
71
175
131
84
233
65
208
21
36
111
91
21
94
75
184
146
88
255
71
230
22
38
122
95
24
-1.1 1,701
5.6 2,553
5.1 2,968
11.5 2,562
4.8 2,680
9.4 3,628
9.2 2,260
10.6 3,408
4.8 1,837
5.6 2,501
9.9 2,708
4.4 3,017
14.3 1,932
Jackson....
Jasper
Jefferson...
Johnson...
Knox
Laclede
Lafayette..
Lawrence..
Lewis
Lincoln
Pemiscot..
Perry
Pettis
Phelps
Pike
Platte
Polk
Pulaski
Putnam. _.
Rails
Randolph.
Ray
Reynolds..
5.8
6.0
11.9
4.3
12.9
12.5
7.1
3,806
3,392
2,920
3,859
4,478
3,693
2,306
3,726
4,794
4,079
53
7
19
52
70
42
80
65
30
73
13
23
4,557 4,797
5,317 5,707
2,717 3,111
4,421 4,573
3,413 3,655
3,415 3,724
5,021 5,423
3,985 4,154
4,377 4,827
3,699 3,537
45
14
108
57
96
94
21
76
39
102
4,434
4,633
4,784
3,930
3,617
4,190
4,799
3,250
4,024
3,166
62
55
46
87
97
72
44
105
82
106
3,768 3,879
4,644 4,742
5,030 5,242
4,394 4,867
4,843 5,025
6,077 6,423
3,669 3,947
4,969 5,226
3,363 3,563
4,243 4,468
4,817 5,188
4,648 4,946
3,119 3,553
49
26
37
32
4
84
27
99
59
29
34
101
SUEVEY OF CUKRENT BUSINESS
June 1978
55
1
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years —Continued
Per capita personal income
Total personal income
Area title
Percent
change
1975-76
Millions of dollars
1969
1975
Dollars
Rank
in
State
1976
Total personal income
Area title
Millions of dollars
1969
1969
1975
1976
-4.2
9.7
1,592
3,491
2,665
2,552
4,950
2,671
3,051
2,360
2,276
2,318
2,613
5,173
3,853
4.493
7,255
4,382
5,340
3,982
4,265
4,285
2,706
5,672
3,750
4,804
7,966
5,736
5,740
4,068
4,160
4,642
114
15
93
41
1
12
11
78
75
54
Banner
Blaine
Boone
Box Butte..
Boyd
Brown
Buffalo
Burt
Butler
Cass
3
2
23
31
9
13
87
31
32
61
7
3
39
65
13
20
166
62
59
110
13.6
8.8
2.8
10.4
-3.1
11.7
3.0
2.3
8.3
10.9
1,793
2,587
2,081
1,938
2,681
2,606
2,039
2,246
2,969
2,126
2,891
4,377
3,906
3,789
4,291
4,473
3,311
4,434
4,926
3,321
3,040
4,814
3,939
4,170
4,204
4,939
3,314
4,538
5,243
3,763
110
40
86
74
69
35
104
58
25
92
Cedar
Chase
Cherry
Cheyenne.
Clay
Colfax
Cuming
Custer
Dakota
Dawes
27
13
24
33
30
29
38
43
40
26
44
33
27
65
52
57
83
65
82
38
14.8
7.8
2,690
3,481
3,605
3, 665
3,013
3,712
3,615
3,979
112
95
Dawson..
Deuel
Dixon
Dodge
Douglas..
Dundy...
Fillmore..
Franklin.
Frontier. _
Furnas...
70
12
21
128
125
23
34
228
1,537
2,594
8
31
16
11
21
22
55
24
21
35
82
10
7
4
11
158
32
14
5
143
18
10
10
4
16
262
62
23
7
Hitchcock. _
Holt
Hooker
Howard
Jefferson
Johnson
Kearney
Keith
Keya Paha.
Kimball
12
28
3
18
33
18
24
30
4
19
25
54
5
32
58
28
51
54
3
38
Knox
Lancaster...
Lincoln
Logan
Loup
McPherson.
Madison
Merrick
Morrill
Nance
27
632
95
3
2
2
88
27
15
14
Nemaha
Nuckolls
Otoe
Pawnee
Perkins
Phelps
Pierce
Platte
Polk
Red Willow..
1976
1975
Per capita personal income
Percent
change
1975-76
Dollars
1976
1975
Rank
in
State
1976
1976
i
Ripley
St. Charles
St. Clair
St. Francois
St. Louis
Ste. Genevieve.
Saline
Schuyler
Scotland
Scott
16
299
21
95
4,450
34
77
11
13
78
32
577
35
176
7,046
61
132
20
24
154
34
649
34
190
7,844
82
139
20
23
169
Shannon
Shelby
Stoddard.__.
Stone
Sullivan.. __.
Taney
Texas
Vernon
Warren
Washington..
13
21
55
19
21
34
38
44
29
32
22
34
108
48
32
77
67
88
60
55
25
37
111
53
31
Wayne
Webster
Worth
Wright
St. Louis—Independent city
14
36
27
64
12
56
12
62
10.7
1,583
2,302
2,382
2,009
2,082
2,861
3,093
8.1
3,237
5,345
5,986
2,175
573
4,018
1,039
4,284
1,134
6.6
9.1
3,133
3,412
5,386
5,736
5,691
6,189
1,601
22
26
17
7
22
2,979
38
44
33
13
36
6
464
3,150
44
48
35
16
5.7
15.8
9.1
6.1
23.1
509
33.3
9.7
3,044
2,751
2,632
2,424
2,567
3,075
3,865
3,448
5,273
4,656
4,054
4,817
4,541
4,552
2,959
5,532
5,531
5,372
4,578
4,728
4,984
4,298
4,721
6,093
49
72
28
63
82
20
70
254
191
10
-22.2
5.9
7.7
8.6
5.1
17.6
7. 7
13.4
8.5
-16.7
4,159
3,546
3,812
3,157
2,686
2,831
3,273
3,060
2,673
4,391
9,916
5,625
8,196
5,399
5,117
4,370
5,006
5,019
4,726
6,713
7,927
5,564
8,869
5,664
5,568
5,006
5,400
5,587
5,112
5,309
2,578 5,581
2,879 3,872
2,328 4,560
3,280 6,972
2,449 3,713
3,619 4,602
2,269 3,633
3,755 6,113
4,376 11,152
3,200 4,357
6,070
4,060
4,781
6,363
3,712
6,397
3,931
6,528
9,195
4,798
3,175
2,110
2,514
2,703
3,125
2,838
2,694
2,647
3,465
3,258
6,658
3,882
4,134
4,615
5,151
4,916
4,516
4,416
8,105
4,059
8,057
3,936
5,867
5,294
5,647
4,869
4,435
4,693
7,828
4,206
4,740
5,537
3,987
5,484
5,499
5,159
4,272
7,687
5,316
4,848
5,382
7,054
4,197
4,910
5,551
4,715
5,137
7,270
5,806
4,761
Montana
Sum of SMS A counties.
Sum of non-SMSA
counties
Beaverhead
Big Horn
Blaine
Broadwater
Carbon
Carter
Cascade
6.3
12.5
-2.9
8.0
11.3
34.4
5.3
Chouteau
Custer
Daniels
Dawson
Deer Lodge..
Fallon..
Fergus
Flathead....
Gallatin
Garfield
27
44
12
36
43
11
42
119
85
Glacier
Golden Valley....
Granite
Hill
Jefferson
Judith Basin
Lake
Lewis and Clark.
Liberty
Lincoln
28
3
6
57
13
10
33
123
10
56
62
4
12
125
25
12
62
225
27
72
66
4
13
115
25
17
69
248
23
McCone
Madison
Meagher
Mineral
Missoula
Musselshell
Petroleum
Phillips
Pondera
Powder River.
9
11
5
8
178
11
2
14
23
9
18
22
9
16
333
21
3
24
56
10
22
21
13
19
370
22
3
26
55
11
Powell
Prairie
Ravalli
Richland
Roosevelt....Rosebud
Sanders
Sheridan
Silver Bow
Still water
19
5
37
28
29
18
18
19
130
15
36
10
73
54
57
50
34
42
228
25
41
12
78
50
58
47
41
40
238
25
2,785
2,705
2,605
2,776
2,759
3,019
2,582
3,232
3,067
3,208
Sweet Grass
Teton
Toole
Treasure
Valley
Wheatland
Wibaux
Yellowstone
Park (Incl. Yellowstone National
Park)
9
22
21
5
40
9
4
293
16
45
61
6
67
13
6
575
18
42
54
5
68
16
6
624
3,036 5,242 5,769
3,530 6,929 6,831
3,572 11, 324 10,115
4,211 4,558 4,243
3,178 5,116 5,056
3,478 5,521 6,420
2,958 4,211 4,277
3,378 5,912 6,270
Nebraska......
Sum of SMS A counties.
Sum of non-SMSA
counties
Adams
Antelope
Arthur
26
58
78
17
65
224
176
12
6.5
8.3
-8.0
41.7
11.3
10.2
-14.8
9.7
22.2
-4.5
44.4
18.8
11.1
4.8
33
59
64
2,911
4,828
5,072
5,112
2,405
9,068
4,151
9,461
4,558
3,468
3,841
5,875
6,051
6,092
6,565
2,707
109
-24
1
4,918
195
43
4,903
205
41
3,193
3,595
2,636
1,986
5,734
6,546
4,611
3,601
5,710
6,802
4,397
3,828
See footnotes at end of table.
Gage
Garden
Garfield. _.
Gosper
Grant
Greeley
Hall
Hamilton.
Harlan
Hayes
33
7 '
6
3
38
65
14
18
179
47
52
115
4.5
2,654
2,659
2,817
3,063
2,275
3,094
2,885
3,375
3,346
3,470
7,091
3,664
4,855
6,303
3,684
4,830
5,222
6,992
6,465
5,601
5,719
3,296
4,874
5,989
3,843
4,179
5,452
5,303
5,663
5,810
35
92
61
27
86
79
42
49
37
34
48
9.1
25 -24.2
18.5
32
61 -6.2
52
49 -14.0
57 -31.3
67
3.1
88
7.3
23.7
47
2,184
3,173
3,330
2,897
3,631
3,124
3,110
2,989
3,116
2,636
3,725
7,512
3,935
6,223
6,258
5,906
7,077
4,603
5,169
4,158
4,118
5,173
4,573
6,083
6,406
5,123
4,919
4,853
5,404
5,121
52
72
23
17
53
58
62
46
54
123 -1.6
20 -13.0
30 -11.8
230
.9
18 -18.2
54 -1.8
25
4.2
20 -4.8
35
3,584
4,257
2,786
3,690
3,987
2,936
3,823
3,424
2,719
3,025
6,000
8,619
4,847
6,285
6,322
7,965
6,926
5,332
5,307
5,054
5,812
7,816
4,255
6,480
6,878
6,325
6,775
5,572
4,893
5,271
1
78
16
5
18
9
39
59
50
8.4
155
17 -5.6
20.0
12
20.0
12
4
17
6.3
271
3.4
61 -1.6
21 -8.7
5 -28.6
3,207
3,243
2,851
3,188
4,243
2,744
3,728
3,634
3,140
2,917
6,026
6,388
4,026
4,415
4,129
4,217
5,824
7,088
5,210
4,392
6,576
5,839
4,637
4,941
5,120
4,570
6,037
6,864
4,710
3,430
14
31
70
57
55
73
24
6
68
90
2,923
2,867
2,963
3,181
3,082
3,692
3,552
2,626
3,035
5,924
4,080
5,234
4,631
5,489
4,994
7,391
5,836
2,289
6,834
5,435
4,275
5,429
4,600
5,842
5,686
6,882
5,489
3,348
7,016
43
77
44
71
30
36
4
40
91
3
2,854
23
55
5
32
59
30
47
52
4
36
45
45
1,139
1,253
-14.3
-2.6
7.7
-10.0
7.8
-24.2
-11.9
10.0
-8.0
1.9 2,195
1.7
7.1
-7.8
-3.7
33.3
-5.3
180
5
2
3
178
44
31
23
11.1
200
4 -20.0
2
2 -33.3
190
6.7
42 -4.5
29 -6.5
22 -4.3
2,244
3,819
3,236
2,718
1,965
3,072
3,230
3,176
2,592
2,795
4,023
6,239
5,279
5,217
2,598
4,155
6,197
4,889
5,200
4,807
3,911
6,848
5,813
4,042
2,483
3,830
6,600
4,687
4,757
4,793
85
7
32
84
93
87
13
69
65
64
81
21
54
14
13
33
22
99
23
39
47
36
92
23
33
64
38
180
47
72
49
4.3
38
5.6
10.9
102
24
4.3
25 -24.2
56 -12.5
40
5.3
188
4.4
38 -19.1
78
8.3
3,541
2,841
3,464
3,047
3,587
3,393
2,520
3,812
3,483
3,147
5,922
5,142
6,080
5,381
9,894
6,385
4,459
6,381
7,408
5,722
6,027
5,325
6,725
5,939
7,071
5,625
4,752
6,762
6,139
6,234
26
48
11
28
2
38
66
10
21
20
Richardson..
Rock
Saline
Sarpy
Saunders
Scotts Bluff.
Seward
Sheridan
Sherman
Sioux.
43
6
43
196
56
112
45
22
13
5
73
10
78
336
103
229
84
34
18
9
70 -4.1
9 -10.0
82
5.1
362
7.7
-8.7
94
226 -1.3
82 -2.4
37
8.8
16.7
21
7 -22.2
3,467
2,681
3,387
3,151
3,369
3,055
3,176
2,949
2,651
2,543
6,292
4,240
6,244
4,350
5,745
6,329
5,548
4,614
3,909
4,431
6,029
4,043
6,315
4,533
5,233
6,108
5,487
4,968
4,878
3,489
25
83
19
74
51
22
41
56
60
89
Stanton
Thayer
Thomas
Thurston....
Valley
Washington.
Wayne.
Webster
Wheeler
York
15
23
3
18
16
48
2&
16
2
48
35
48
4
38
28
88
49
26
4
97
27 -22.9
50
4.2
4
34 -10.5
29
3.6
87 -1.1
45 -8.2
28
7.7
4
95 -2.1
2,415
2,862
2,971
2,614
2,655
3,669
2,484
2,921
2,090
3,577
5,420
6,311
4,161
5,248
5,266
6,062
5,481
5,052
3,879
6,790
4,101
6,688
4,349
4,728
5,328
5,938
4,836
5,416
4,100
6,565
81
12
76
67
47
29
63
45
82
15
2,041
1,689
3,890
3,225
4,366
3,642
4,252
4,377
6,591
6,780
7,158
7,399
352
665
723
8.7 3,740
5,805
6,151
Nevada
Sum of SMS A counties.
Sum of non-SMSA
counties
10.0
12.2
12.9
56
SURVEY O F CURRENT BUSINESS
.Tune 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1 —Continued
Area title
Percent
change
Millions of dollars
Rank
in
State
1976
Dollars
1975-76
1969
1975
1976
1969
1975
2,917
4,250
5,487
4,003
3,899
4,843
3,582
3,570
2,625
3,272
5,338
6,491
7,854
6,059
4,107
3,441
5,659
5,529
4,517
5,056
6,078
7,019
8,305
6,481
4,155
3,530
6,122
5,664
4,575
5,230
5,464
5,097
6,600
4,886
7,439
5,390
6,001
5,859
5,356
7,179
4,788
8,273
5,005
6,418
31
1,137
37
56
2
5
23
9
7
27
64
2,147
88
92
3
4
40
17
12
53
72
2,410
100
100
3
4
43
18
13
55
12.5
12.2
13.6
8.7
Mineral
Nye...
Pershing
Storey
Washoe
White Pine. .
Carson City-
26
22
12
2
552
33
60
36
29
18
5
1,078
54
152
37
32
20
5
1,232
50
171
2.8
10.3
11.1
14.3
—7.4
12.5
3,610
4,030
4,359
3,633
4,664
3,322
3,885
2,559
1,333
4,391
2,282
4,921
2,560
12.1
12.2
3,535
3,757
5,409
5,656
5,984
6,212
1,227
115
62
185
98
180
852
278
2,109
201
118
306
162
320
1,387
486
2,361
223
133
340
184
362
1,559
543
11.9
10.9
12.7
11.1
13.6
13.1
12.4
11.7
3,322
3,639
3,414
3,616
2,853
3,315
3,852
3,489
5,165
5,589
5,199
5,390
4,576
5,426
5,736
5,525
5,756
6,010
5,805
5,935
5,304
6,046
6,360
6,179
481
213
96
895
354
163
1,001
398
179
11.8
12.4
9.8
3,601
3,066
3,132
5,536
4,551
4,940
5,993
5,115
5,457
30,930
New Jersey
Sum of SMS A counties. 29,439
Sum of non-SMSA
1,491
counties
637
Atlantic
Bergen
_
4,798
Burlington
1,294
Camden
1,745
Cape May
206
Cumberland
414
Essex
4,118
49,758
46,577
54,325
50,749
9.2
9.0
4,359
4,399
6,786
6,860
7,405
7,495
3,182
1,066
7,550
2,046
2,834
412
694
6,084
3,576
1,173
8,223
2,244
3,072
465
773
6,540
12.4
10.0
8.9
9.7
8.4
12.9
11.4
7.5
3,706
3,648
5,369
4,130
3,869
3,485
3,432
4,450
5,854
5,675
8,588
5,886
5,959
5,695
5,262
6,901
6,326
6,203
9,451
6,369
6,464
6,178
5,785
7,500
17
1
16
13
18
20
5
Gloucester...
Hudson
Hunterdon..
Mercer
_
Middlesex...
Monmouth..
Morris
Ocean
Passaic
Salem...-
572
2,356
289
1,234
2,389
1,936
1,827
706
1,878
225
990
3,638
540
2,066
3,982
3,275
3,063
1,621
2,910
360
1,098
3,915
592
2,265
4,352
3,603
3,362
1,833
3,159
402
10.9
7.6
9.6
9.6
9.3
10.0
9.8
13.1
8.6
11.7
3,364
3,852
4,219
4,036
4,169
4,292
4,852
3,543
4,074
3,787
5,187
6,298
6,873
6,497
6,703
6,664
7,756
5,517
6,435
5,772
5,703
6,834
7,487
7,105
7,343
7,311
8,522
5,941
7,035
6,393
21
11
6
9
7
8
3
19
10
15
Sussex.
Union..
Warren.
991
290
2,753
273
1,630
610
3,917
471
1,797
686
4,253
516
10.2
12.5
8.6
9.6
5,080
3,844
5,115
3,756
8,001
6,159
7,526
5,894
8,752
6,694
8,238
6,399
2
12
4
14
2,851
1,045
5,528
2,091
6,220
2,353
12.5
12.5
2,820
3,147
4,833
5,425
5,325
6,062
1,806
1,017
5
123
32
121
7
180
3,437
2,011
8
229
60
224
12
323
3,867
2,260
9
258
66
226
13
382
12.5
12.4
12.5
12.7
10.0
.9
8.3
18.3
2,660
3,232
2,331
2,829
2,613
3,191
2,603
2,603
4,532
5,545
3,414
4,820
4,642
5,180
4,531
4,056
4,958
6,197
3,892
5,261
4,997
5,306
5,300
4,663
Eddy
Grant..
Guadalupe..
Harding
Hidalgo
Lea
Lincoln
Los Alamos..
Luna
McKinley...
117
67
11
4
12
154
19
79
31
85
216
114
17
5
28
283
40
141
62
177
247
135
19
5
31
311
46
152
71
212
14.4
18.4
11.8
2,858
3,047
2,211
2,619
2,560
3,101
2,488
5,235
2,744
1,972
5,044
4,649
3,582
4,015
4,863
5,479
4,141
8,805
4,299
3,471
5,453
5,635
3,950
4,181
5,209
5,722
4,534
9,226
4,825
3,793
Mora
Otero
Quay
Rio Arriba.
Roosevelt. .
Sandoval...
San J u a n . . .
San Miguel.
Santa F e . . .
Sierra
5
119
26
48
44
28
127
40
166
17
13
196
53
91
77
80
280
74
330
34
15
221
49
104
77
93
331
82
372
39
15.4
12.8
-7.5
14.3
16.3
18.2
10.8
12.7
14.7
1,078
2,923
2,400
1,893
2,658
1,615
2,428
1,825
3,095
2,430
2,700
4,620
4,693
3,276
4,613
3,521
4,344
3,166
5,327
4,041
3,024
5,303
4,403
3,768
4,707
3,963
4,894
3,553
5,826
4,388
23
31
11
15
87
38
67
22
34
186
44
75
24
23
226
15.8
11.9
9.1
-32.4
21.5
2,358
1,801
2,060
3,055
2,162
3,826
3,493
3,534
6,954
4,024
4,320
3,830
3,467
4,695
4,673
New Hampshire..
Sum of SMS A counties _
Sum of non-SMSA
countiesBelknap
Carroll
Cheshire
Coos
Grafton
Hillsborough
Merrimack
Rockingham.
Strafford
Sullivan
New Mexico
Sum of SMS A counties.
Sum of non-SMSA
counties
_.
Bernalillo
Catron
Chaves
Colfax...
Curry
DeBaca
Dona Ana
...
Socorro...
Taos
Torrance.
Union
Valencia..
See footnotes at end of table.
7.5
5.9
8.3
3.8
~~I6.~7"
9.9
15.0
7.8
14.5
19.8
Area title
Millions of dollars
Percent
change
1975-76
1969
1975
78,353
72,067
117,886
107,536
126,534
115,383
6,286
1,153
130
4,899
829
241
251
489
10,350
1,834
217
6,772
1,240
381
397
764
Chemung..
Chenango.
Clinton
Columbia
Cortland..
Delaware. .
Dutchess..
Erie
Essex
Franklin..
357
148
189
173
144
137
864
4,243
100
111
Fulton
Genesee
Greene
Hamilton...
Herkimer...
Jefferson
Kings
!
Lewis
Livingston.
Madison
1976
Dollars
1969
1975
1976
7.3
7.3
4,328
4,458
6,522
6,714
6,997
7,209
11,150
1,966
234
7,110
1,338
413
429
827
7.7
7.2
7.8
5.0
7.9
8.4
8.1
8.2
3,240
4,029
2,804
3,349
3,736
2,953
3,275
3,321
5,028
6,368
4,310
4,982
5,637
4,498
5,130
5,178
5,366
6,866
4,585
5,294
6,079
4,790
5,503
5,619
541
229
347
286
234
210
1,486
6,398
160
182
585
246
371
309
255
225
1,589
6,966
174
197
8.1
7.4
6.9
8.0
9.0
7.1
6.9
8.9
8.8
8.2
3,522
3,214
2,599
3,383
3,163
3,074
3,952
3,827
2,876
2,517
5,393
4,815
4,219
5,157
4,860
4,468
6,366
5,852
4,539
4,076
5,887
5,074
4,477
5,583
5,203
4,776
6,759
6,433
4,876
4,374
166
211
113
12
265
280
9,385
64
180
194
264
332
196
23
352
448
13,323
99
293
312
286
353
211
25
378
485
14,079
111
311
336
8.3
6.3
7.7
8.7
7.4
8.3
5.7
12.1
6.1
7.7
3,161
3,611
3,414
2,647
3,911
3,166
3,614
2,685
3,380
3,121
4,812
5,489
5,170
4,638
5,179
4,928
5,526
3,949
5,137
4,763
5,234
5,807
5,442
5,017
5,613
5,251
5,871
4,395
5,432
5,114
Monroe
Montgomery..
Nassau
New York....
Niagara
Oneida
Onondaga
Ontario
Orange
Orleans
3,175
193
7,890
10,442
873
903
1,779
296
831
133
4,995
289
12,151
14,098
1,322
1,381
2,725
486
1,437
208
5,405
310
13,045
15,202
1,445
1,484
2,963
525
1,550
223
8.2
7.3
7.4
7.8
9.3
7.5
8.7
8.0
7.9
7.2
4,533
3,443
5,539
6,764
3,712
3,303
3,787
3,778
3,807
3,600
7,040 7,629
5,236 5,586
8,673 9,340
9,979 10,730
5,558 6,073
5,173 5,608
5,751 6,233
5,718 6,109
5,896 6,256
5,410 5,763
Oswego
Otsego
Putnam
Queens
Rensselaer
Richmond...
Rockland
St. Lawrence.
Saratoga
Schenectady..
293
174
226
9,526
515
1,196
977
305
409
629
500
281
414
13,530
822
2,060
1,779
494
748
1,016
562
303
452
14,380
884
2,228
1,920
530
831
1,104
12.4
7.8
9.2
6.3
7.5
8.2
7.9
7.3
11.1
8.7
2,941
3,121
4,149
4,844
3,394
4,142
4,375
2,719
3,467
3,920
4,557
4,819
5,972
6,886
5,364
6,354
7,059
4,238
5,188
6,455
5,092
5,207
6,394
7,308
5,844
6,789
7,552
4,502
5,723
7,119
Schoharie...
Schuyler....
Seneca
Steuben
Suffolk
Sullivan
Tioga.
Tompkins.
Ulster
Warren
69
51
111
333
4,383
186
162
255
510
169
116
81
185
532
7,822
235
252
443
862
281
123
86
198
569
8,479
340
276
477
927
309
6.0
6.2
7.0
7.0
8.4
4.6
9.5
7. 7
7.5
10.0
2,818
3,060
3,155
3,344
4,013
3,575
3,515
3,343
3,651
3,449
4,058
5,486
5,449
5,264
6,232
5,397
5,199
5,281
5,610
5,353
4,326
4,874
5,808
5,597
6,631
5,586
5,601
5,529
5,934
5,898
Washington..
Wayne
Westchester..
Wyoming
Yates
153
296
5,402
118
63
245
471
7,912
194
104
270
501
8,506
208
111
10.2
6.4
7.5
7.2
6.7
2,921
3,773
6,086
3,170
3,171
4,485
5,728
8,998
5,032
5,031
4,890
6,127
9,687
5,400
5,386
15,061
7,710
26,863
13,582
29,783
14,989
10.9
10.4
2,994
3,435
4,937
5,532
5,446
6,042
7,350
324
55
18
52
38
23
86
13,280
501
94
35
95
73
42
168
14,794
539
109
38
105
83
46
191
11.4
7.6
16.0
8.6
10.5
13.7
9.5
13.7
2,638
3,372
2,925
2,167
2,182
1,957
1,790
2,360
4,447
5,087
4,296
4,053
3,939
3,604
3,018
4,387
4,951
5,440
5,020
4,287
4,424
4,097
3,237
4,926
Bertie
Bladen
Brunswick.
Buncombe.
Burke
Cabarrus...
Caldwell...
Camden
Carteret
Caswell
42
52
45
449
186
246
166
12
79
43
82
104
113
762
316
393
276
22
155
72
92
116
127
842
345
438
316
27
174
78
12.2
11.5
12.4
10.5
9.2
11.5
14.5
22.7
12.3
8.3
2,027
2,006
1,883
3,096
3,111
3,328
2,967
2,251
2,477
2,295
3,942
3,617
3,466
5,048
4,881
5,004
4,580
3,852
4,358
3,638
4,372
4,014
3,789
5,565
5,317
5,639
5,233
4,677
4,773
3,948
Catawba..
Chatham..
Cherokee..
Chowan...
Clay
Cleveland.
314
85
34
26
11
201
518
153
60
47
19
360
584
168
64
54
22
401
12.7
9.8
6.7
14.9
15.8
11.4
3,480
2,959
2,109
2,456
2,155
2,745
5,244
5,064
3,473
4,192
3,426
4,612
5,939
5,581
3,633
4,667
3,891
5,111
New York
Sum of S M S A counties.
Sum of non-SMSA
counties
Albany
Allegany
Bronx
Broome
Cattaraugus
Cayuga
Chautauqua
Churchill....
Clark
Douglas
Elko
Esmeralda...
Eureka
Humboldt...
Lander
Lincoln
Lyon
Per capita personal income
Total personal income
Per capita personal income
Total personal income
North Carolina..
Sum of SMS A counties.
Sum of non-SMSA
counties
Alamance
Alexander..
Alleghany
Anson
Ashe
Avery
Beaufort
Rank
in
State
1976
SURVEY OF CUREENT BUSINESS
June 1978
57
1
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years —Continued
Percent
change
1975-76
Millions of dollars
Area title
1969
1976
1975
Total personal income
Per capita personal income
Total personal income
Dollars
1969
1975
1976
Rank
in
State
1976
Area title
900
913
136
588
.,880
411
,727
[,771
[,679
40
52
8
20
15
49
45
44
46
43
5,515
53
27
36
25
23
28
29
39
30
7
10
25
14
19
31
16
53
22
19
7
17
54
29
35
74
38
108
41
43
12
14
47
25
34
65
36
119
42
31
15
•17.6
13.0
13.8
-2.9
12.2
-5.3
10.2
2.4
•27.9
25.0
393
722
402
004
706
543
572
557
,126
1,781
,375
166
580
\,751
,951
,832
',410
[,934
\,475
1,051
i,478
i, 537
1,473
i,309
[,919
,,305
i,24l
50
13
67
95
83
34
81
37
70
19
Pembina.
Pierce
Ramsey. _
Ransom..
Renville..
Richland.
Rolette...
Sargent...
Sheridan.
Sioux
30
17
40
20
12
47
25
16
78
37
91
40
24
99
53
36
21
14
63
32
86
41
19
92
55
30
20
16
•19.2
•13.5
-5.5
2.5
•20.8
-7.1
3.8
-16.7
-4.8
14.3
771
1,712
!,052
!,820
574
!,205
(,611
!,526
!,146
1,732
t, 571
>,862
>,524
1,233
>,406
L, 158
;,885
i,113
:,422
>,776
1,847
1,094
i,992
>,237
>,023
,279
i,930
5,761
1,040
16
42
10
12
32
37
50
38
18
51
,286
,153
,921
,242
,683
,031
,995
,460
,946
,743
29
36
54
78
96
46
1
71
52
10
Slope
Stark
Steele
StutsmanTowner...
Traill
Walsh
Ward
Wells
Williams...
4
48
12
71
16
30
45
177
22
63
7
96
28
149
39
70
105
349
51
115
107
19
142
31
62
86
372
42
123
14.3
11.5
-32.1
-4.7
-20.5
-11.4
-18.1
6.6
-17.6
7.0
!,641
!,436
1,034
!,963
,387
3,046
,748
3,076
2,733
3,209
,799
[,953
F,787
3,370
i,141
,551
3,491
5,699
6,972
6,129
3,067
3,498
563
6,118
7,361
6,486
,093
5,978
5,916
6,421
11
24
22
9
1
4
33
13
14
6
,707
,046
,342
4,602
4,961
4,028
4,415
3,673
3,616
4,139
,208
,560
3,902
,038
5,316
4,559
4,909
3,903
4,336
4,694
33
16
92
45
25
64
55
91
74
59
Ohio
ium of SMS A counties.
turn of non-SMSA
counties.
Adams
Allen
Ashland
Ashtabula
Athens
Auglaize
Belmont
39,905
33,368
61,930
51,213
68,515
56,565
10.6
10.5
1,778
1,916
5,769
,968
6,409
6,624
6,537
41
404
140
329
127
137
248
10,717
67
615
233
516
210
221
445
11,950
73
675
256
573
233
242
502
11.5
9.0
9.8
9.9
11.0
11.0
9.5
12.8
,200
2,176
3,658
3,267
3,370
2,581
3,570
3,085
4,974
3,093
5,622
5,237
5,119
4,""
5,204
5,
;,556
3,271
6,245
5,816
5,656
4,631
5,720
6,102
4,544
5,410
5,031
4,094
3,685
4,798
4,773
4,440
3,929
4,171
5,042
6,197
5,614
4,618
4,127
5,238
5,345
4,948
4,478
4,756
44
6
12
Brown
Butler
Carroll
Champaign..
Clark... . . .
Clermont
Clinton
Columbiana.
Coshocton...
Crawford
74
788
59
108
538
295
129
341
108
180
124
1,286
100
176
830
526
210
545
186
281
134
1,458
113
189
909
589
231
603
211
8.1
13.4
13.0
7.4
9.5
12.0
10.0
10.6
13.4
2,790
3,522
2,753
3,545
3,496
3,068
4,142
3,154
3,242
3,587
4,129
5,252
4,081
5,538
4,530
5,929
4,517
5,939
6,000
5,338
7,174
5,403
6,112
6,088
77
41
78
40
37
61
2
12.1
8.2
12.0
13.5
16.0
14.3
11.8
11.5
10.4
9.3
3,125 4,788
2,472 4,281
3,047 4,720
2,241 3,718
2,541 4,420
1,933 3,581
2,910 4,612
2,620 4,690
3,639 5,945
2,088 3,197
5,357
4,616
5,278
4,039
5,145
4,297
5,091
5,149
6,408
3,656
21
63
30
8'
39
76
4c
3$
Cuyahoga.
Darke
Defiance. _
Delaware..
Erie..
Fairfield...
Favette
Franklin. _
Fulton
Gallia
7,789
165
129
144
299
243
81
3,027
123
59
11,168
281
216
261
466
451
130
4,948
207
119
12,232
308
256
290
515
509
143
5,463
228
129
9.5 4,561
9.6 3,431
18.5 3,540
11.1 3,354
10.5 3,963
12.9 3,353
10.0 3,179
10.4 3,711
10.1 3,757
8.4 2,332
6,987
5,255
5,820
5,222
7,749
5,717
6,905
5,818
6,634
5,920
5,511
6,355
6,355
4,346
1
50
5
45
10
42
57
18
19
79
71
113
477
287
347
143
51
12.7
9.7
10.2
13.4
13.4
11.7
13.3
2,444
2,277
2,733
2,688
2,789
2,778
1,798
4,189
3,667
4,804
4,689
5,105
4,789
3,203
4,765
3,971
5,295
5,326
5,806
3,748
96
2,947
3,395
5,923
6,22
5,826
6,657
395
703
187
5,745
358
158
96
173
136
95
443
761
206
6,289
405
17
108
195
15
106
7^149
6,549
5,382
6,027
7,055
4,833
4,952
16
44
68
3
13
60
35
4
74
73
9A
256
463
105
3,775
223
96
48
IOC
83
59
6,457
5,852
3,773
886
Geauga....
Greene....
Guernsey.
Hamilton.
Hancock. _
Hardin
Harrison. _
Henrv
Highland..
Hocking...
1,37
1
4
1
2,887
18
8
5
2,77
1
7
4
-3.7
-5.'6
-13.
-13.
5
1
2
29
529
7c
2
20.
-3.
10.
-4.
6.
12.
55
176
66
311
132
795
IE
35!
11£
926
99
279
11
532
194
1,242
2tt
571
20:
1,49:
108
31:
2
1
1
13
27
Holmes
Huron
Jackson
Jefferson..
Knox
Lake
Lawrence.
Licking. _.
Logan
Lorain
21
1,384
293
64
22*
1,66
12.2
9.6
14.
11.
11.
11.
11.
12.
11.
3,64(
5,286
3,90^
5,58S
4,465
5,936
4,427
5,004
5,399
5,585
4,282
6,005
4,203
6,487
5,107
6,554
4,""
5,596
6,136
6,234
82
36
83
15
70
11
72
54
28
25
2,92!
151
1,66.
3,27.
1"
1,83
11.
7.
10.
3,92i
3,153,61:
6,09?
4,917
5,68e
6,82e
5,24(
6,31!
6
67
20
195
516
001
222
992
513
194
105
336
508
80
66
48
79
49
17
35
41
5
18
Eddy
Emmons
Foster
Golden ValleyGrand Forks. _
Grant
Griggs—
Hettinger
Kidder
La Moure
783
57
442
21
13
74
39
1,101
118
115
1,401
108
713
38
24
132
77
1,886
194
217
1,563
120
820
42
27
148
88
2,065
225
242
11.6
11.1
15.0
10.5
12.5
12.1
14.3
9.5
16.0
11.5
720
119
027
451
880
240
575
864
146
342
215
827
579
457
540
995
172
311
521
027
886
322
299
094
083
539
940
818
084
505
2
75
26
42
86
65
7
3
85
68
113
127
54
32
11
208
45
164
20
91
194
252
97
60
20
360
91
307
38
158
219
278
109
68
23
400
101
338
43
182
12.9
10.3
12.4
13.3
15.0
11.1
11.0
10.1
13.2
15.2
729
022
302
924
004
924
083
441
200
050
207
986
611
,658
,103
,915
,571
,627
,746
,699
,884
,739
,510
,718
,104
,199
,145
,151
,462
,488
146
94
75
35
30
62
1,373
29
51
114
281
171
147
69
56
114
2,410
57
84
213
317
191
166
76
62
127
2,637
62
96
244
12.8
11.7
12.9
10.1
10.7
11.4
9.4
8.8
14.3
14.6
,648
,925
,500
,238
,809
,474
,021
,085
,650
,936
,807
,614
,409
,810
,272
,541
,450
,091
,244
,009
Nash
New Hanover.
Northampton.
Onslow
Orange
Pamlico
Pasquotank...
Pender
Perquimans...
Person
155
257
44
287
167
19
65
37
19
66
304
482
77
520
334
38
123
75
33
111
342
534
89
535
364
43
139
83
38
126
12.5
10.8
15.6
2.9
9.0
13.2
13.0
10.7
15.2
13.5
,629
,163
,799
,858
2,969
2,065
2,438
2,047
2,177
2,509
Pitt
Polk
Randolph
Richmond
Robeson
Roekmgham.
Rowan
_.
Rutherford...
Sampson
Scotland
183
38
249
106
175
219
272
122
106
70
356
69
415
168
341
369
441
224
190
123
401
77
464
192
385
405
489
251
214
139
12.6
11.6
11.8
14.3
12.9
9.8
10.9
12.1
12.6
13.0
2,489
3,220
3,263
2,687
2,072
3,040
3,068
2,565
2,320
2,593
Stanly
Stokes
Surry
Swain
Transylvania..
Tyrrell
Union
Vance
Wake
Warren
133
59
155
19
50
7
157
86
809
33
214
122
259
37
94
14
287
156
1,564
54
240
132
290
42
109
16
321
174
1,727
59
Washington.
Watauga
Wayne
Wilkes
Wilson
Yadkin
Yancey
34
52
234
133
157
68
23
63
103
433
253
306
128
45
1,830
45
2'i
1
1
]
See footnotes at end of table.
237
825
942
104
702
646
184
958
046
916
Logan
McHenry..
Mclntosh..
McKenzie.
McLean...
Mercer
Morton
MountrailNelson
Oliver
878
635
719
813
586
944
687
609
761
986
North Dakota
Sum of SMS A counties _
Sum of non-SMSA
counties.
Adams
Barnes
Benson
..
Billings
Bottineau.
Bowman
Burke
Burleigh
Cass
Cavalier
Dickey.
Divide
Dunn
1976
867
908
647
812
197
766
996
559
556
320
832
514
344
607
Lenoir
Lincoln
McDowell
Macon
Madison
Martin...
Mecklenburg.
Mitchell
Montgomery..
Moore
1975
10.0
21.2
3.4
7.7
5.3
22.2
24.0
21.1
23.1
•19.5
10.8
-1.6
7.6
15.8
14.3
12.3
12.1
10.4
11.5
12.3
Haywood....
Henderson..
Hertford....
Hoke
Hyde
Iredell
Jackson
Johnston....
Jones
Lee
1969
18
26
30
14
376
22
19
23
20
33
216
309
1,148
44
48
557
111
202
900
302
Forsyth._.
Franklin,.
Gaston
Gates.
Graham...
Granville..
Greene
Guilford...
Halifax....
Harnett._.
1976
Rank
in
State
1976
20
33
29
13
357
18
25
19
26
41
195
314
1,067
38
42
496
99
183
807
269
_.
1975
Dollars
11
17
13
9
179
12
12
15
12
20
103
171
627
18
18
316
52
94
437
136
Columbus
Craven
CumberlandCurrituck. _
Dare
Davidson
Davie
Duplin..
_
Durham.
Edgecombe
Percent
change
1975-76
Millions of dollars
1969
Per capita personal income
2'i
31
59
-23.
i
2
]
j
2ct
-9.
11.
29.
5, 298
3,496
5,583
2,825 5,83
3,20
4,79
4,595
6,434 5,476
2,77
6,29
2,31
5,576
4,42
2,76
5,613
5,942 5,763
3,01
4,66
2,94
4,874
5,61
2,95
5,288
3,263 6,17 6,476
6,63
3,71
7,267
6,523 5,066
2,64
5,79
2,69
5,062
6,18
3,10
7,186
3,69
2,31
4,526
6:
82
31
2:
51
69
58
Lucas
Madison...
Mahoning.
1,88*
l,09C
12.
8.3
10.2
9.5
13.1
8.2
12.
12.
10.3
11.
966
4', 818
6,456
4,879
5,302
5,571
,,or
5,350
4,979
5,739
5,842
4,136
4,040 5,806
3,724 5,584
2,798 4,701
4,113 6,451
3,699 5,735
4,99c
3,14^
2,818 5,433,737 6,146
2,862 4,47c
2,884 4,371
2,291
3,55:
2,41
3,223
3,19£
4,
2,705
331£
24
46
52
76
49
31
32
SURVEY OF CURRENT BUSINESS
58
June 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1 —Continued
Per capita personal income
Total personal income
Area title
1969
Marion
Medina
Meigs
Mercer
Miami.......
Monroe
Montgomery..
Morgan
Morrow
Muskingum..
Percent
change
1975-76
Millions of dollars
217
314
44
119
340
39
2,487
34
62
233
1975
363
557
100
190
529
55
3,517
62
99
389
Dollars
1969
1976
1975 1976
Rank
in
State
1976
413
625
114
214
586
64
3,952
67
113
13.8
12.2
14.0
12.6
10.8
16.4
12.4
8.1
14.1
11.1
3,377
3,791
2,217
3,416
4,049
2,496
4,135
2,768
2,934
2,997
5,364
5,617
4,703
5,034
6,041
3,484
5,958
4,612
4,032
4,797
6,147
6,135
5,300
5,713
6,734
4,169
6,782
5,101
4,711
5,320
27
29
64
51
9
84
8
71
75
62
Noble
Ottawa...Paulding..
Perry
Pickaway.
Pike
Portage . . .
Preble
Putnam...
Richland-
24
135
64
69
118
44
392
114
100
475
40
230
110
117
209
77
635
172
165
703
44
254
124
129
226
87
700
189
186
784
10.0
10.4
12.7
10.3
8.1
13.0
10.2
9.9
12.7
11.5
2,304
3,677
3,364
2,510
3,007
2,304
3,185
3,282
3,268
3,681
3,613
5,861
5,340
3,961
4,732
3,722
4,805
4,763
5,118
5,373
3,914
6,498
6,267
4,318
5,114
4,138
5,303
5,268
5,739
6,029
86
14
22
80
69
85
63
65
48
34
Ross
Sandusky...
Scioto
Seneca
Shelby
Stark
Summit
Trumbull...
Tuscarawas.
Union..
180
290
1QQ
iyo
219
OOO
324
404
141
333
373
356
375
235
2,333
3,402
1,608
445
157
14.8
10.4
9.9
11.6
13.0
9.4
7.7
13.0
10.1
11.3
2,938
3,271
2,825
3,441
3,545
3,688
3,884
3,816
3,277
3,364
4,706
5,370
4,048
5,550
5,133
5,626
5,851
5,827
5,044
5,244
5,405
5,980
4,309
6,306
5,868
6,185
6,359
6,554
5,538
5,809
58
39
81
21
43
26
17
12
55
47
99
20
276
173
293
122
308
70
174
34
432
281
479
193
544
117
197
38
485
314
534
219
611
137
13.2
11.8
12.3
11.7
11.5
13.5
12.3
17.1
3,403
2,059
3,268
3,053
3,411
3,659
3,460
3,212
5,899
3,233
4,984
4,673
5,068
5,553
5,408
5,159
6,795
3,705
5,536
5,242
5,638
6,262
5,994
6,046
7
87
56
66
53
23
38
33
7,784
4,694
14,248
8,615
15,791
9,615
10.8
11.6
3,071
3,395
5,249
5,724
5,708
6,291
3,090
5,633
24
25
17
22
43
31
57
46
41
30
40
70
59
106
6,176
48
42
31
47
79
62
115
9.6
4.3
2.4
3.3
17.5
12.9
5.1
8.5
2,681
1,595
3,119
1,648
3,341
2,654
2,632
2,162
4,657
2,773
5,565
2,638
6,615
4,408
4,782
3,971
4,988
2,812
5,546
2,660
7,570
4,905
4,914
4,245
76
18
77
4
31
30
57
Caddo
Canadian..
Carter
..
Cherokee...
Choctaw...
Cimarron..
Cleveland..
Coal
Comanche..
Cotton
70
98
102
43
31
16
202
10
335
18
141
226
201
86
54
30
451
18
481
26
145
249
224
97
58
34
517
19
553
32
2.8
10.2
11.4
12.8
7.4
13.3
14.6
5.6
15.0
23.1
2,387
3,160
2,726
1,900
2,025
3,722
2,692
1,883
2,966
2,652
4,516
5,189
4,902
3,435
3,165
7,461
4,572
3,133
4,535
3,840
4,550
5,500
5,335
3,746
3,478
8,815
5,077
3,139
5,065
4,568
46
19
22
64
69
3
24
74
25
45
Craig
Creek
Custer
Delaware..
Dewey
Ellis
Garfield..
Garvin
Grady
Grant
41
122
64
29
15
17
188
65
81
24
76
226
122
60
28
29
325
118
155
42
85
254
130
67
29
34
354
130
170
42
11.8
12.4
6.6
11.7
3.6
17.2
8.9
10.2
9.7
2,809
2,684
2,896
1,628
2,608
3,202
3,373
2,495
2,756
3,230
5,184
4,573
5,519
3,028
5,022
5,465
5,579
4,393
4,542
6,015
5,781
5,022
5,810
3,369
5,063
6,382
5,855
4,777
4,885
5,863
16
27
15
72
26
9
14
39
34
13
Greer
Harmon
Harper
Haskell
Hughes
Jackson
Jefferson...
Johnston-..
Kay
Kingfisher..
20
15
16
21
29
85
17
15
175
37
33
23
30
36
51
146
33
29
303
74
33
21
36
40
54
153
32
31
328
77
2,486
2,695
3,181
2,159
2,081
2,782
2,259
1,850
3,612
3,015
4,249
4,916
5,862
3,637
3,610
4,431
4,135
3,400
6,295
5,756
4,250
4,022
6,728
3,773
3,886
4,403
3,932
3,459
6,660
5,641
56
60
7
63
62
51
61
70
8
17
Kiowa
Latimer
Le Flore
Lincoln
Logan
Love
.
McClain
McCurtain.
Mclntosh...
Major
34
15
59
51
47
16
33
49
23
20
60
33
116
95
84
29
70
109
46
39
35
128
105
93
31
79
121
49
39
6.1
10.3
10.5
10.7
6.9
12.9
11.0
6.5
2,517
1,787
1,835
2,636
2,491
2,562
2,480
1,733
1,799
2,812
4,969
3,311
3,257
4,426
3,765
4,486
3,830
3,086
3,350
4,864
4,834
3,599
3,544
4,810
4,165
4,590
4,196
3,349
3,520
4,716
37
66
67
38
59
44
58
73
68
42
17
57
26
166
35
121
43
307
39
137
47
348
11.4
13.2
2,207
2,482
2,322
2,743
4,465
4,026
4,966
4,320
4,902
4,433
5,446
54
33
48
20
VanWert.-..
Vinton
Warren
Washington.
Wayne
Williams
Wood
Wyandot
Oklahoma
Sum of SMS A counties.
Sum of non-SMSA
counties
Adair
Alfalfa
Atoka
Beaver
_
Beckham
Blaine
Bryan
Marshall
Mayes
Murray
Muskogee
208
132
336
208
1,364
2,149
2,132
3,158
1,423
880
252
79
See footnotes at end of table.
-8.7
20.0
11.1
5.9
4.8
-3.0
6.9
8.3
4.1
13.4
Total personal income
Area title
Millions of dollars
1975
Noble
Nowata
Okfuskee._.
Oklahoma.
Okmulgee..
Osage
Ottawa
Pawnee
Payne
Per capita personal income
Percent
change
1975-76
1976
Dollars
1969
28
27
21
1,884
86
81
84
29
117
47
46
37
3,355
144
145
140
55
222
58
51
39
3,703
161
158
149
62
249
23.4
10.9
5.4
10.4
11.8
9.0
6.4
12.7
12.2
74
113
16
11
75
57
47
109
64
152
138
225
29
20
159
112
87
206
145
166
152
251
31
22
179
119
100
232
174
35
1,535
52
185
48
34
46
56
2,847
108
341
53
57
92
7,169
4,724
2,722
2,675
1,946
1975 1976
2,392
2,664
2,784
2,520
2,385
4,483
4,374
3,312
6,213
3,972
4,606
4,526
4,256
4,079
5,388
4,905
3,379
6,809
4,425
4,858
4,722
4,608
4,334
9.2
10.1
11.6
6.9
10.0
12.6
6.3
14.9
12.6
20.0
2,563
2,725
2,669
1,634
2,320
2,913
2,178
2,085
2,957
4,034
4,116
4,570
4,533
2,794
4,571
4,750
4,046
3,290
5,430
7,977
4,418
4,881
4,950
2,991
4,735
5,197
4,269
3,716
5,968
9,403
61
3,186
122
375
57
65
108
8.9
11.9
13.0
10.0
7.5
14.0
17.4
2,618
3,871
2,451
4,454
3,709
2,754
3,040
4,530
6,805
3,962
8,160
4,219
5,345
5,586
4,989
7,536
4,447
8,828
4,346
6,110
6,136
13,008
8,400
14,590
9,435
12.2
12.3
3,477
3,744
5,695
6,078
6,265
6,703
2,446
46
147
595
92
85
173
31
4,608
73
270
1,196
159
172
293
60
5,155
77
306
1,350
178
184
330
11.9
5.5
13.3
12.9
11.9
7.0
12.6
10.0
3,056
2,997
2,852
3,811
3,293
3,002
3,109
3,130
5,108
4,670
4,254
5,934
5,466
5,439
4,942
5,126
5,597
4,881
4,684
6,596
6,062
5,699
5,512
5,575
Curry
Deschutes...
Douglas
Gilliam
Grant
Harney
Hood River.
Jackson
_
Jefferson
Josephine
38
97
213
10
23
23
44
277
24
99
217
409
17
36
40
87
547
47
209
78
252
468
15
41
48
101
618
45
243
14.7
16.1
14.4
-11.8
13.9
20.0
16.1
13.0
-4.3
16.3
2,870
3,252
3,031
3,996
3,409
3,176
3,327
2,947
2,783
2,763
4,870
5,416
5,118
7,987
4,920
5,437
6,093
4,977
4,848
4,616
5,455
6,061
5,762
6,693
5,601
6,427
7,009
5,501
4,553
5,201
Klamath
Lake
Lane
Lincoln
Linn
Malheur
Marion
Morrow
Multnomah..
Polk
161
21
645
75
210
68
490
16
2,289
265
33
1,197
139
386
122
923
62
3,739
180
300
35
1,386
158
447
125
1,043
56
4,116
203
13.2
6.1
15.8
13.7
15.8
2.5
13.0
-9.7
10.1
12.8
3,253
3,431
3,087
2,928
4,910
5,079
4,982
5,075
4,796
5,090
5,564
12,012
Sherman
Tillamook...
Umatilla....
Union
Wallowa
Wasco
Washington..
Wheeler
Yamhill
10
51
148
57
18
24
92
278
102
38
122
1,166
9
231
18
105
302
114
42
131
1,337
10
262
-25.0
14.1
8.6
11.8
10.5
7.4
14.7
11.1
13.4
69,669
58,349
76,430
63,922
9.7
9.6
11,320
305
9,994
372
1,168
184
1,817
634
12,508
342
10,924
414
1,281
204
2,010
703
Pittsburg
Pontotoc
Pottawatomie.
Pushmataha...
Roger Mills..._
Rogers
___
Seminole
Sequoyah
Stephens
Texas
Tillman
Tulsa
Wagoner
Washington..
Washita
Woods
Woodward...
Oregon
Sum of SMS A counties .
Sum of non-SMSA
counties
Baker
Benton
Clackamas
Clatsop
Columbia
Coos
Crook
6
116
Pennsylvania-.
42,692
Sum of S M S A counties _ 36,087
S u m of non-SMSA
counties
6,605
184
Adams
6,365
Allegheny
205
Armstrong
680
Beaver
114
Bedford
1,122
Berks
__
Blair
396
2,946
3,300
3,524
4,091
2,750
5,428
5,372
5,664
5,670
5,392
5,092
6,050
10,592
7,485
4,927
4,466
4,591 11,189
2,868 5,021
3,324 5,799
2,946 4,634
2,941 5,624
3,392 6,093
3,961 6,145
3,155 4,437
2,929 5,179
8,285
5,697
6,077
5,150
6,095
6,503
6,861
5,142
5,776
3,636
3,788
5,874
6,111
6,443
6,695
10.5 2,982
12.1 3,262
9.3 3,962
11.3 2,704
9.7 3,264
10.9 2,683
10.6 •3,810
10.9 2,922
4,898
4,928
6,569
4,865
5,561
4,243
5,965
4,703
5,403
5,459
7,276
5,357
6,127
4,686
6,569
5,252
Bradford..
Bucks
Butler
Cambria...
Cameron..
Carbon
Centre
Chester
Clarion
Clearfield..
166
1,597
402
536
27
155
256
1,161
109
199
276
2,831
705
994
36
279
456
1,927
206
376
307
3,145
770
1,096
39
304
506
2,142
232
421
11.2
11.1
9.2
10.3
8.3
9.0
11.0
11.2
12.6
12.0
2,884
3,953
3,172
2,849
3,779
3,060
2,637
4,289
2,835
2,643
4,590
6,160
5,127
5,298
5,246
5,320
4,252
6,601
5,075
4,831
5,080
6,712
5,498
5,798
5,732
5,837
4,681
7,215
5,611
5,318
Clinton
Columbia
Crawford
Cumberland..
Dauphin
Delaware
112
161
253
600
795
2,654
182
280
422
1,099
1,365
4,038
200
312
462
1,227
1,492
4,414
9.9
11.4
9.5
11.6
9.3
9.3
2,977
2,926
3,121
3,877
3,557
4,458
4,810
4,752
4,933
6,470
6,104
6,828
5,353
5,189
5,384
7,159
6,640
7,528
Rank
in
State
1976
June 1978
SURVEY OF CURRENT BUSINESS
59
Table 2.—Total Personal Income and Per.Capita Personal Income by County for Selected Years 1 —Continued
Per capita personal income
Total personal income
Area title
Percent
change
Millions of dollars
1969
1975
1976
1975-76
30
17
52
58
25
67
56
65
41
43
98
11.4
1,311
2,178
592
633
1,816
2,010
8.8
2,941
3,103
3,745
3,320
3,469
3,579
3,117
3,244
3,414
3,305
4,939
5,108
5,705
5,121
4,708
6,253
5,351
5,237
5,411
5,287
5,393
5,571
6,310
5,635
5,918
6,846
5,843
5,772
5,861
5,789
40
36
12
3,069
3,686
5,531
2,699
3,868
3,079
2,875
3,577
3,250
2,634
4,644
5,800
8,355
4,342
6,182
5,194
4,695
5,741
5,249
4,115
5,235
6,215
9,137
4,769
6,713
5,640
5,109
6,227
5,669
4,638
50
5,169
4,688
4,952
4,431
4,178
4,302
4,750
5,453
5,526
5,613
5,686
5,250
5,563
4,886
4,429
4,624
5,281
5,965
6,174
6,172
31
10.0
10.8
11.0
10.6
10.3
3,060
2,973
2,659
2,636
2,747
2,622
2,861
3,072
3,486
3,268
2,989
3,342
3,054
3,746
4,703
5,441
4,607
5,751
4,778
6,022
5,031
6,311
3,643
3,663
5,739
5,784
6,342
6,405
604
278
666
304
10.3
742
9.6
232
12.1
10.2
366
178
420
Mifflin..
139
165
Monroe
3,386
Montgomery
Montour __
45
824
Northampton
307
Northumberland
Perry
_ _
6,986
Philadelphia. . _
38
Pike
43
Potter
677
207
315
347
5,286
5,785
74
83
1 390
1,508
519
149
574
166
10,466
11,315
74
82
70
77
493
825
905
86
203
16
94
103
81
192
165
146
389
26
154
180
148
347
263
166
440
29
168
198
164
385
291
691
1,200
1,324
88
1,252
155
2,074
169
2,297
58
103
119
Schuylkill
Snyder
Somerset
Sullivan
Susquehanna..
Tioga
Union
Venango... __ __ _ _
Warren
Washington
11.3
8.4
9.9
10.1
8.9
9.4
9.4
12.2
8.5
10.6
11.4
8.1
10.8
10.0
9.7
13.7
13.1
11.5
9.1
1,00!)
1,641
1,822
9.0
10.8
15.5
11.0
Rhode Island
Sum of SMS A counties
Sum of non-SMSA
counties..
Bristol
K e n t . . __,
Newport
Providence
Washington
3,396
3,077
5,344
4,930
5,877
5,421
10.0
10.0
2,105
414
287
870
414
456
319
967
456
3,329
3,630
272
444
504
South Carolina
Sum of SMS A counties
Sum of non-SMSA
counties
Abbeville
Aiken
Allendale
Anderson
Bamberg .
Barnwell
Beaufort
7,062
3,660
13,134
6,916
3,401
52
282
19
310
32
41
167
123
23
738
91
74
77
43
59
127
55
Wayne
Westmoreland
Wyoming _
York.
Berkeley
Calhoun
Charleston
Cherokee
Chester
Chesterfield.
Clarendon..
Colleton
Darlington
Dillon
Dorchester
Edgefield
Fairfield _
Florence
Georgetown
Greenville
Greenwood
HauiDton
Horry
Jasper
Kershaw
Lancaster
Laurens
Lee
Lexington
McCormick
Marion
Marlboro
Newberry
Oconee
_„ —
_.
.
__.
6
23
28
22
27
14
1
60
7
33
53
13
32
63
49
37
57
66
64
47
20
15
16
59
19
55
11
13.5
5,248
6,324
5,891
5,248
5,784
5,304
5,682
7,026
6,524
5,682
6,387
5,985
14,691
7,722
11.9
11.7
2,748
3,037
4,665
5,101
5,158
5,615
6,218
6,969
87
499
32
539
60
83
309
100
567
32
607
65
85
350
12.1
14.9
13.6
2,492
2,529
3,083
1,948
3,016
1,996
2,364
3,152
4,259
4,052
5,253
3,164
4,698
3,620
4,328
5,326
4,731
4,585
5,899
3,138
5,238
3,917
4,554
5,993
25
3
46
11
38
27
2
237
45
279
53
1,346
1,490
166
125
144
85
106
234
103
190
145
156
92
117
259
114
2,245
2,272
2,978
2,502
2,466
2,260
1,673
2,082
2,371
1,869
3,588
4,023
5,176
4,160
4,141
4,170
3,200
3,675
4,183
3,460
3,962
4,520
5,727
4,666
4,752
4,464
3,345
4,005
4,595
3,775
37
29
5
22
21
30
44
36
24
43
193
60
78
442
223
75
89
484
15.5
25.0
14.1
69
768
154
36
173
156
1,407
251
65
403
173
1,570
283
72
435
21
43
46
7.0
4,299
3,719
3,902
4,499
4,161
5,315
4,805
3,796
4,760
3,248
4,771
4,659
4,425
4,872
4,564
5,870
5,331
4,317
5,028
3,328
20
23
32
17
10.9
11.6
12.7
10.8
7.9
2,462
2,068
2,115
2,619
2,083
3,260
2,989
2,253
2,500
1,832
100
118
137
29
267
179
187
225
55
566
194
215
255
68
633
28
129
31
142
57
83
113
94
141
187
110
168
213
4 851
4 148
4,447
3,179
4 810
3,496
3,988
3,315
4 608
4,312
5,335
4,801
4,971
3,857
5 194
3,806
4,405
3,861
5 387
4,922
8
18
14
40
12
16
66
2,889
2,807
2,771
1,633
3,142
1,868
2,229
2,095
2,863
2,837
77
32
42
233
See footnotes at end of table.
10.1
11.1
11.1
10.1
34
21
3,465
4,097
3,714
3,465
3,672
3,279
319
184
516
319
__ _ _
Orangeburg..
Pickens
Richland
Saluda
S partanburg.
Sumter
Union
Williamsburg
York.
5,716
6,138
5,116
4,800
5,822
3,948
4,957
4,608
5,388
5,367
9.0
12.6
8.3
2.4
13.3
17.7
17.8
10.7
14.5
16.0
8.3
8.2
10.4
10.7
10.7
9.5
8.4
15.0
13.3
23.6
11.8
10.7
10.1
17.0
19.1
13.9
1
2
5
3
4
26
4
9
34
13
45
42
33
39
7
15
Millions of dollars
1969
1976
4,940
5,735
4,637
4,444
5,511
3,776
4,496
4,162
4,817
4,883
1,205
1,957
546
576
1,649
1,846
Ly coming. .
McKean. _ ._
Mercer
1976
3,160
3,451
2,577
2,545
3,374
2,309
2,466
2,601
2,516
2,654
49
Juniata
Lackawanna
___ _ 726
1,182
Lancaster .
358
Lawrence2
343
Lebanon ___ _
904
Lehigh
1,068
Luzerne .
88
1975
Area title
14.0
7.2
10.6
8.7
8.6
9.3
11.1
10.8
14.6
11.2
186
1,574
720
23
583
43
171
166
405
224
Erie
Fayette
Forest
Franklin
Fulton
Greene
Huntingdon
Indiana
Jefferson
1969
Rank
in
State
212
1,688
796
25
633
47
190
184
464
249
119
905
402
12
336
25
90
102
199
116
Elk
Dollars
Total personal income
South Dakota
Sum of SMS A counties
Sum of non-SMSA
counties._
Aurora
Beadle
Bennett
Bon Homme
Brookings
Brown
Brule .
Buffalo
Butte. .
Campbell
Charles Mix
Clark
Clay
Codington
Corson
Custer
Davison
1975
Percent
change
1975-76
1976
158
155
734
30
516
188
77
61
237
306
299
1,429
52
940
332
124
124
439
339
338
1,569
60
1,054
376
144
135
499
1,933
3,411
3,512
327
586
649
1,607
11
66
2,825
16
106
2,863
17
112
7
23
54
113
17
13
36
102
207
26
11
42
108
206
28
4
6
6
24
7
25
15
35
56
11
12
36
15
42
25
56
100
19
9
2
40
11
44
20
60
106
17
24
52
Per capita personal income
1975
1976
10.8
13.0
9.8
15.4
12.1
13.3
16.1
8.9
13.7
2,265
2,641
3,208
2,013
3,007
2,351
2,523
1,759
2,829
4,017
4,381
5, 761
3,606
4,922
3,993
4,144
3,561
4,740
4,431
4,885
6,253
4,153
5,474
4,540
4,800
3,834
5,257
3.0
2,894
3,450
5,010
5,895
5,120
6,449
2,802
2,563
3,174
2,321
2,671
2,443
3,092
2,893
4,859
3,884
5,200
3,830
4,645
4,553
5,475
4,562
4,891
4,239
5,558
3,650
5,365
4,744
5,545
4,956
2,100
3,042
2,547
4.8 2,4^3
—20 0 2,666
7.1 2,688
6.0 2,944
-10.5 2,208
9 1 2,651
10.9 3,013
3,177
4,341
5,957
4,065
4 556
4,286
5,017
3,816
4 245
5,165
3,453
4,883
4,397
4,295
3,511
4,601
5,179
3,418
4,652
5,676
2,487
2,284
2,259
2,423
2,641
2,859
3,010
2,636
2,661
3,042
4,025
4 161
3,336
4,063
4,867
5,763
5,761
4,736
4,280
6,541
3,573
3,907
3,412
4,822
3,824
6,486
4,462
4,651
4,376
4,699
2,468
2,693
2,497
3,469
3,656
2,986
2,969
3,918
2,660
3,216
4,668
4,909
3,972
4,745
5,705
4,649
4,353
4,915
4,289
4,894
3,849
4,481
4,313
4,130
5,951
5,388
4,570
4,252
4,470
3,841
2,961
2,634
2,753
2,902
2,949
2,473
2,454
2,727
2,975
2,272
5,073
5,473
4,973
5,487
4,082
4,432
4,503
5,390
4,945
3,701
4,881
5,724
5,593
5,200
3,243
4,622
3,626
3,724
4,967
3,950
22
4
7
16
63
32
55
53
19
47
2,465
3,450
2,269
3,073
3,231
2,956
2,119
2,653
1,341
2,979
4,466
5,895
4,897
5,419
4,638
5,786
4,287
4,793
2,359
5,516
4,549
6,449
3,865
5,636
4,571
5,109
3,463
4,699
2,583
4,644
36
2
49
6
34
18
58
27
66
31
2,872
7,924
3,267
4,603
5,182
5,227
4,702
2,578
5,189
3,731
2,797
5,334
3,322
4,703
5,378
5,545
4,792
2,007
5,592
2,788
64
15
62
26
13
11
24
67
8
65
10.8
1.3
6.3
5.7
-15.4
16.7
5.9
-.5
7.7
11.1
-26.7
92
102
22
34
30
13
12
11
15
21
12
24
18
23
20
18
27
46
21
46
28
21
20
21
21
53
16
44
29
9
18
13
-27.8
Hamlin...
Hand
Hanson
Harding
Hughes.
Hutchinson
Hyde
Jackson
Jerauld
Jones
13
26
21
16
10
27
15
24
16
-19.2
-11.1
9
74
8
80
31
7
6
9
6
45
11
8
13
8
53
11
7
14
6
23
30
48
34
12
18
36
58
85
69
17
31
13
16
21
31
34
60
95
67
13
31
51
6
89
9
Miner
Minnehaha..
Moody...
Pennington
Perkins
Potter
Roberts
Sanborn
Shannon
Spink..
11
327
18
185
15
13
25
10
11
32
18
586
38
355
22
25
51
16
21
56
Stanley
Sully
Todd
Tripp
Turner
Union
Walworth
Washabaugh
Yankton
Ziebach
7
8
12
26
29
31
22
3
56
7
18
24
38
50
55
37
4
95
Kinesburv
Lake . .
Lawrence
Lincoln
Lyman
Me Cook
McPherson
Marshall
Meade
Mellette
5
Tennessee
11,210
Sum of SMS Acounties. 7,954
Sum of non-SMSA
3,257
counties
Anderson
. .
203
73
Bedford
Benton
28
13
Bledsoe
_
Blount
180
140
Bradley
47
Campbell
Cannon
Carroll
Carter
17
64
93
17
22
93
9
18
649
30
397
22
22
41
16
22
46
Rank
in
State
1969
Day
Deuel
Dewey
Douglas
Edmunds
Fall River
Faulk
Grant. _
Gregory
Haakon
7
43
Dollars
—11.8
—8.7
16.7
-22.2
15.2
-23.8
-4.3
3.6
6.7
-11.1
8.1
17.8
-12.5
7.7
-25.0
-5.6
3.4
11.8
-2.9
-23.5
-19.0
-29.0
4.5
10.8
—21.1
11.8
-12.0
-19.6
4.8
-17.9
1976
31
16
1
35
6
28
19
41
10
45
9
54
14
25
10
20
59
21
40
43
57
33
17
60
29
5
56
48
61
23
52
1
39
30
41
28
50
37
42
46
3
12
35
44
38
51
9
7
-25.0
8.4
-22.2
2,893
3,490
1,943
3,073
2,890
3,257
2,743
2,241
2,955
2,084
20,146
14,071
22,566
15,641
12.0
11.2
2,877
3,216
4,828
5,347
5,355
5,884
6,075
360
6,925
412
131
62
28
349
290
121
14.0
14.4
20.2
14.8
12.0
12.2
10.3
13.1
2,287
3,355
2,930
2,309
1,712
2,838
2,824
1,777
3,942
5,837
4,266
4,247
2,890
4,485
4,486
3,533
4,450
6,570
5,095
4,829
3,188
4,916
4,941
3,951
2
20
32
89
30
27
43
121
180
19.4
11.0
8.4
2,061
2,514
2,146
3,950
4,033
3,603
4,655
4,432
3,934
36
48
66
109
54
25
311
263
107
36
109
166
8
12
24
38
52
59
38
3
103
14.3
-33.3
4.0
7.3
2.7
65
60
SUEVEY OF CUEEENT BUSINESS
June 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years *—Continued
Per capita personal income
Total personal income
Area title
1969
Cheatham
Chester
Claiborne
Clay
_.
Cocke
Coffee
Crockett
CumberlandDavidson
Decatur
Percent
change
1975-76
Millions of dollars
1975
1976
Dollars
1969
1975
1976
Rank
in
State
1976
Total personal income
Area title
Millions of dollars
1969
1975
Per capita personal income
Percent
change
1975-76
Dollars
1969
1975
Rank
in
State
1976
1976
13.5
10.7
11.1
5.9
2,783
2,525
2,872
3,084
2,386
2,882
2,511
3,069
3,143
2,898
4,917
4,927
4,246
5,092
3,703
6,044
3,825
5,265
5,125
4,307
5,334
5,574
2,792
5,806
4,217
6,260
4,389
5,674
5,663
4,465
1976
67
35
71
19
96
166
54
76
2,750
77
41
83
23
108
184
62
87
3,038
42
14.9
17.1
16.9
21.1
12.5
10.8
14.8
14.5
10.5
16.7
2,576
1,823
1,718
1,608
2,014
2,880
2,279
1,759
3,664
2,233
4,121
3,194
3,180
2,832
3,498
4,882
3,699
3,167
6,094
3,816
4,526
3,558
3,507
3,456
3,899
5,333
4,317
3,455
6,678
4,360
Atascosa..
Austin...
Bailey....
Bandera..
Bastrop...
Baylor
Bee
Bell
Bexar
Blanco...
52
34
25
14
40
15
58
370
2,582
10
72
35
31
73
30
89
811
4,682
17
108
83
23
34
84
30
101
898
5,204
18
Borden...
Bosque...
Bowie
Brazoria..
Brazos
Brewster.
Briscoe...
Brooks...
Brown
Burleson..
3
31
222
329
151
18
11
12
70
21
4
61
348
723
310
30
15
23
126
37
392
860
355
31
17
29
143
47
25.0
13.1
12.6
18.9
14.5
3.3
13.3
26.1
13.5
27.0
2,808
2,851
3,409
3,052
2,819
2,567
3,729
1,531
2,727
2,139
5,175
5,097
4,906
5,794
4,372
3,826
5,488
2,923
4,289
3,512
5,672
5,384
5,463
6,741
4,871
3,884
6,220
3,742
4,640
4,473
2,846 4,473
1,841 4,006
2,794 5,192
2,522 4,470
1,997 3,682
2,448 4,810
4,343 10,238
2,400 4,118
3,636 5,702
2,728 5,596
4,919
4,920
5,914
4,872
3,825
5,437
9,881
4,498
5,880
6,132
4,604
4,932
5,302
1,641
3,939
4,465
5,654
4,256
5,574
5,519
5,593
5,660
6,147
689
4,511
4,617
6,256
4,603
5,927
6,138
21
10.2
15.3
-34.3
9.7
15.1
De Kalb..
Dickson..
Dyer
Fayette...
Fentress..
Franklin.
Gibson...
Giles
Grainger.
Greene...
23
56
78
34
19
64
136
53
26
115
48
108
150
59
37
111
207
110
47
198
55
126
164
70
41
126
226
127
55
219
14.6
16.7
9.3
18.6
10.8
13.5
9.2
15.5
17.0
10.6
2,107
2,568
2,566
1,483
1,481
2,369
2,858
2,385
1,857
2,435
3,832
4,137
4,725
2,451
2,649
3,868
4,397
4,823
3,050
3,939
4,352
4,820
5,098
2,954
2,917
4,272
4,794
5,538
3,495
4,377
Grundy
Hamblen...
Hamilton...
Hancock
Hardeman..
Hardin
Hawkins...
Haywood...
Henderson..
Henry
19
98
884
11
41
34
73
38
39
56
36
187
1,514
16
75
70
142
59
73
113
40
212
1,713
19
86
81
159
68
85
131
11.1
13.4
13.1
18.8
14.7
15.7
12.0
15.3
16.4
15.9
1,743
2,565
3,490
1,601
1,819
1,890
2,190
1,918
2,271
2,358
2,963
4,338
5,715
2,512
3,354
3,560
3,824
2,878
3,821
4,491
3,257
4,936
6,522
2,967
3,876
4,043
4,278
3,275
4,451
5,180
Burnet
Caldwell...
Calhoun...
Callahan..
Cameron..
Camp
Carson
Cass
Castro
Chambers.
31
38
52
21
277
19
28
56
39
33
67
86
92
41
623
39
63
107
59
74
76
105
103
46
687
44
65
119
62
80
13.4
22.1
12.0
12.2
10.3
12.8
3.2
11.2
5.1
8.1
Hickman
Houston
Humphreys .
Jackson
Jefferson
Johnson
Knox
Lake
Lauderdale..
Lawrence
28
13
31
13
62
21
818
14
36
64
53
22
60
25
104
45
1,482
26
75
134
61
25
67
29
120
51
1,649
28
87
150
15.1
13.6
11.7
16.0
15.4
13.3
11.3
7.7
16.0
11.9
2,304
2,300
2,343
1,604
2,513
1,823
2,979
1,786
1,765
2,200
3,995
3,545
4,046
2,909
3,836
3,465
5,060
3,479
3,388
4,161
4,531
4,001
4,463
3,380
4,401
3,903
5,581
3,779
3,843
4,626
Cherokee
Childress
Clay
Cochran
Coke
Coleman
Collin
Collingsworth.
Colorado
Comal
76
19
25
12
8
28
213
14
46
79
152
32
45
8
13
45
516
19
94
160
184
37
52
4
14
48
604
21
102
181
21.1
15.6
15.6
-50.0
7.7
6.7
17.1
10.5
8.5
13.1
Lewis
Lincoln...
Loudon...
McMinn..
McNairy.
Macon
Madison..
Marion
Marshall..
Maury
14
56
57
91
35
28
170
45
47
127
28
97
105
159
72
54
329"
92
87
225
33
112
122
179
82
63
372
104
100
259
17.9
15.5
16.2
12.6
13.9
16.7
13.1
13.0
14.9
15.1
2,114
2,311
2,348
2,579
1,891
2,302
2,599
2,166
2,735
2,897
3,533
3, 797
3,994
4,086
3,554
4,023
4,654
4,178
4,833
4,926
4,065
4,515
4,561
4,477
4,088
4,400
5,282
4,644
5,655
5,610
Comanche..
Concho
Cooke
Coryell
Cottle
Crane
Crockett....
Crosby
Culberson..
Dallam
32
7
68
108
7
13
12
26
8
26
53
15
135
239
16
25
23
29
15
66
59
15
148
265
18
28
26
45
13
55
11.3
9.6
10.9
12.5
12.0
13.0
55.2
-13.3
-16.7
2,854 4,470
2,479 5,235
2,940 5,430
3,310 5,305
2,089 5,368
3,069 6,150
3,164 5,544
2,638 3,266
2,549 4,096
4,175 10,296
4,954
5,459
6,017
5,711
6,125
6,297
5,611
5,240
3,684
8,380
Meigs
Monroe
Montgomery..
Moore
Morgan
Obion
Overton
Perry
Pickett
Polk
11
50
185
9
19
72
26
10
7
27
21
83
347
16
42
154
50
18
12
54
24
99
400
19
45
173
57
21
13
54
14.3
19.3
15.3
18.8
7.1
12.3
14.0
16.7
8.3
2,071
2,127
2,980
2,555
1,399
2,428
1,739
1,986
1,740
2,287
3,492
3,282
4,864
4,074
2,891
4,729
3,190
3,168
2,814
4,423
3,857
3,916
5,299
5,066
2,957
5,336
3,510
3,731
3,057
4,293
Dallas
Dawson
Deaf Smith..
Delta
Denton
DeWitt
Dickens
Dimmit
Donley
Duval
5,592
52
79
11
226
41
9
11
10
19
9,572
61
167
19
512
71
15
28
17
34
10,708
85
149
22
582
79
16
29
19
39
11.9
39.3
-10.8
15.8
13.7
11.3
6.7
3.6
11.8
14.7
4,360
3,093
4,448
2,238
3,080
2,223
2,307
1,226
2,778
1,579
6,781
3,825
8,529
3,949
5,426
3,818
4,220
2,677
4,434
2,883
7,522
5,222
7,717
4,657
6,083
4,159
4,615
2,655
4,852
3,297
Putnam
RheaRoane
Robertson..
Rutherford .
Scott
Sequatchie..
Sevier
Shelby
Smith
79
36
89
77
180
24
13
69
2,370
29
155
84
176
142
319
51
27
142
4,249
52
172
102
208
169
363
57
32
167
4,634
11.0
21.4
18.2
19.0
13.8
11.8
18.5
17.6
9.1
26.9
2,268
2,122
2,277
2,650
3,071
1,583
2,105
2,486
3,318
2,342
3,856
4,119
4,342
4,495
4,731
3,110
3,817
4,263
5,773
3,881
4,202
4,846
5,025
5,353
5,262
3,391
4,317
4,818
6,226
5,092
Eastland.
Ector
E d wards .
Ellis
El Paso...
Erath
Falls
Fannin...
Fayette...
Fisher
46
294
5
133
1,021
46
40
57
42
14
78
577
10
256
1,803
84
80
91
80
24
89
653
10
292
2,012
101
91
107
94
29
14.1
13.2
14.1
11.6
20.2
13.8
17.6
17.5
20.8
2,597
3,342
2,217
2,862
2,805
2,661
2,247
2,504
2, 395
2,257
4,303
5,902
4,727
4,994
4,341
4,423
4,816
3,908
4,681
4,162
4,703
6,474
4,850
5,687
4,733
5,328
5,407
4,738
5,221
4,802
Stewart
Sullivan
Stunner
Tipton
Trousdale...
Unicoi..
Union
Van Buren..
Warren
Washington..
17
433
153
58
13
38
16
7
66
208
28
691
307
107
24
66
30
11
125
375
32
775
349
117
29
71
35
12
149
414
14.3
12.2
13.7
9.3
20.8
7.6
16.7
9.1
19.2
10.4
2,319
3,429
2,855
2,067
2,545
2,461
1,756
1,739
2,478
2,837
3,436
5,157
4,342
3,468
4,501
4,181
2,956
2,683
4,224
4,676
3,737
5,753
4,932
3,780
5,449
4,460
3,375
2,880
5,046
5,094
Floyd
Foard
Fort Bend.
Franklin. _.
Freestone._
Frio..
Gaines
Galveston..
Garza
Gillespie....
35
6
129
12
27
21
34
575
15
30
51
13
419
22
57
40
41
1,114
24
63
64
12
509
26
62
43
67
1,268
27
71
25.5
-7.7
21.5
18.2
8.8
7.5
63.4
13.8
12.5
12.7
2,951
3,089
2,431
2,415
2,548
1,879
2,932
3,368
2,735
2,902
4,757
6,080
5,599
3,628
4,656
3,176
3,586
6,137
4,541
5,666
5,997
5,090
6,357
4,331
4,883
3,368
5,711
6,808
5,059
5,896
Wayne
Weakley....
White
Williamson.
Wilson
24
64
37
107
104
40
120
66
219
200
45
136
75
248
229
12.5
13.3
13.6
13.2
14.5
1,925
2,254
2,258
3,186
2,893
3,005
3,962
3,672
4,941
4,495
3,449
4,465
4,140
5,384
5,040
Texas
_
36,171
Sum of SMS A counties „ 29,665
Sum of non-SMSA
counties
6,505
Anderson
_
74
Andrews
„
34
Angelina
142
Aransas
26
Archer
_
16
Armstrong
68,353
56,426
77,432
64,048
13.3
13.5
3,275
3,457
5,585
5,840
6,201
6,488
11,927
142
63
270
54
34
18
13,383
158
71
304
60
39
16
12.2
11.3
12.7
12.6
11.1
14.7
-11.1
2,640
2,568
3,650
2,942
2,945
2,660
3,319
4,631
4,575
5,667
4,984
5,142
5,455
9,446
5,117
4,815
6,269
5,550
5,594
6,324
7,498
Glasscock...
Goliad
Gonzales...
Gray
Gray son
Gregg
Grimes
Guadalupe.
Hale
Hall
40
97
257
246
29
85
104
19
22
72
168
410
477
52
166
169
21
27
90
179
466
540
60
197
198
26
50.0
22.7
25.0
6.5
13.7
13.2
15.4
18.7
17.2
23.8
2,471
1,768
2,400
3,621
3,103
3,337
2,377
2,530
2,581
3,114
4,931
4,510
4,440
6,644
5,009
5,854
4,254
4,283
4,792
3,584
7,507
5,444
5,631
6,909
5,688
6,551
4,992
5,086
5,554
4,472
Hamilton...
Hansford...
Hardeman.
Hardin
18
22
21
77
34
70
33
154
38
40
32
182
11.8
-42.9
-3.0
18.2
2,459 4,512
3,290 11,464
3,039 5,136
2,568 4,528
5,125
6,374
4,880
5,154
See footnotes at end of table.
51
44
166
41
101
94
38
12
2,450
2,886
2,894
2,117
2,678
2,716
3,325
2,806
2,570
3,286
June 1978
SURVEY OF CURRENT BUSINESS
61
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1—~Continued
Per capita personal income
Total personal income
Area title
Percent
change
1975-76
Millions of dollars
1969
1975
1976
6,694
130
12
21
75
10
59
298
57
54
14,014
213
23
32
133
18
129
681
108
81
16,099
236
30
37
151
26
145
769
122
93
Hood
Hopkins
Houston
Howard
Hudspeth...
Hunt
Hutchinson.
Irion
Jack
Jackson
17
58
38
117
6
136
93
4
19
33
48
96
71
201
12
239
163
6
Jasper
Jeff Davis..
Jefferson
Jim Hogg...
Jim Wells...
Johnson
Jones
Karnes
Kaufman...
Kendall
60
4
838
10
72
137
45
30
85
25
120
6
1,445
17
134
282
76
50
169
53
136
6
1,677
19
149
319
86
56
194
59
Kenedy.
Kent
Kerr
Kimble..
King
Kinney..
Kleberg.
Knox
Lamar...
Lamb...
4
3
65
11
2
4
77
14
92
50
2
3
142
17
2
7
131
27
162
3
159
19
1
8
145
29
187
Lampasas..
LaSalle....
Lavaca
Lee
Leon
Liberty
Limestone..
Lipscomb..
Live Oak..
Llano
26
10
43
18
20
81
39
12
14
23
51
14
73
40
29
190
77
32
24
52
58
14
86
45
37
223
86
20
26
57
Loving
Lubbock. _.
Lynn
McCulloch.
McLennan.
McMullen..
Madison
Marion
Martin
Mason
(*)
533
27
23
470
3
16
17
13
10
23
40
810
3
27
29
18
21
2
1,134
38
43
920
4
35
33
27
23
Matagorda
Maverick
Medina
Menard
Midland
Milam._
MiUs...
Mitchell
Montague....
Montgomery..
74
26
45
8
261
54
9
23
42
135
147
64
89
11
502
97
16
43
73
388
181
64
100
12
550
107
19
48
84
456
23.1
Moore
Morris
Motley
Nacogdoches.
Navarro
Newton
Nolan
Nueces
Ochiltree
Oldham
51
37
7
87
87
19
52
711
32
60
77
9
180
156
39
87
1,266
45
10
Orange
Palo Pinto .
Panola
Parker
Parmer
Pecos
Polk
Potter
Presidio
Rains
223
97
33
106
57
37
34
317
11
7
Randall
Reagan
Real
Red River,
183
10
3
Harris
Harrison...
Hartley
Haskell
Hays
Hemphill...
Henderson.
Hidalgo
Hill.
Hockley
See footnotes at end of table.
Dollars
Rank
in
State
1976
Area title
1969
1975
1976
14.9
10.8
30.4
15.6
13.5
44.4
12.4
12.9
13.0
14.8
3,916
3,046
4,771
2,416
2,678
3,673
2,271
1,664
2,579
2,571
7,078
4,725
7,278
4,102
3,898
4,809
4,131
3,086
4,799
3,879
7,875
5,196
9,096
4,614
4,350
6,404
4,625
3,338
5,440
4,410
7
132
5
186
206
32
181
241
109
201
57
114
88
224
13
273
179
18.8
18.8
23.9
11.4
8.3
14.2
9.8
79
20.0
14.5
2,950
2,824
2,079
2,927
2,335
3,058
3,795
3,987
2,793
2,494
5,034
4,417
3,961
5,320
4,172
4,833
6,579
5,103
4,771
5,471
5,681
5,150
4,869
5,923
4,496
5,536
6,981
5,178
5,578
6,071
84
137
159
64
196
102
19
133
98
58
SanSaba
Schleicher
Scurry.
Shackelford
Shelby....
Sherman
Smith
Somervell
Starr
2,424 4,523
2,331 4,214
3,419 5,990
2,095 3,485
2,225 3,995
3,044 5,179
2,748 4,781
2,208 3,886
2,607 4,818
3,903
5,108
4,325
6,875
4,158
4,353
5,783
5,176
4,512
5,593
6,798
139
210
22
220
205
77
134
191
95
24
Stephens
Sterling
Stonewall-_
Button
Swisher
Tarrant
Taylor
Terrell
Terry
Throckmorton
13.3
16.1
11.8
11.2
13.1
13.2
12.0
14.8
11.3
Per capita personal income
Total personal income
1969
Reeves
Refugio
Roberts
.
Robertson
Rockwall..
Runnels
Rusk
Sabine
San Augustine
San Jacinto
San Patricio
Percent
change
1975-76
Millions of dollars
_.
_.
1975
1976
Dollars
1969
46
23
2
31
24
35
85
15
14
12
110
44
12
48
58
52
169
31
28
26
219
73
56
12
54
69
59
197
33
34
30
252
12.5
19.0
13.5
16.6
6.5
21.4
15.4
15.1
12
7
44
9
47
18
313
6
23
20
13
91
18
88
67
598
18
42
19
14
102
20
96
23
689
23
50
-5.0
7.7
12.1
11.1
9.1
-65.7
15.2
27.8
19.0
26
4
6
10
41
2,664
302
6
44
7
45
4
10
22
55
4,604
584
9
60
11
51
5
10
24
51
5,228
647
10
72
11
7.4
27.3
1975
1976
Rank
in
State
1976
2,890 4,190 4,508
2,411 4,930 6,283
2,718 10,337 12,944
2,249 3,357
3,595 6,511 7,340
2,922 4,507 5,026
2,546 4,682 5,302
2,224 4,156 4,649
1,843 3,420 4,158
1,790 3,160 3,851
2,306 4,385 4,960
194
40
2
234
15
147
120
179
221
228
149
2,005 3,541
3,288 5,187
2,872 5,275
2,953 5,369
2,313 4,327
5,372 18,091
3,284 5,577
2,322 5,710
1,275 2,060
3,444
5,229
5,589
6,404
4,759
6,168
6,328
6,563
2,272
238
127
97
33
171
47
36
28
252
5,397 5,892
4,005 3,929
4,646 4,350
5,305 5,687
5,386 4,788
6,186 6,932
5,640 6,144
5,050 5,835
4,334 5,273
5,161 4,621
69
224
207
82
168
20
49
74
123
182
13.3 3,191
25.0 3,760
2,411
9.1 3,044
-7.3 3,786
13.6 3,889
10.8 3,003
11.1 3,668
20.0 2,823
2,942
6,998
1,938
3,343
2,766
3,552
1,768
2,338
2,363
2,659
2,697
3,690
2,605
6,578
4,250
4,264
3,305
4,007
4,741
4,328
5,291
10,624
2,425
7,108
4,829
2,920
3,475
4,372
5,210
4,849
5,607
3
251
17
164
246
237
204
130
162
Titus....
Tom Green
Travis.
Trinity
Tyler
Upshur
Upton
Uvalde
Val Verde
Van Zandt
45
216
923
16
29
45
13
39
64
54
95
406
1,952
30
54
95
24
82
117
109
115
463
2,216
35
61
107
27
91
134
122
21.1
14.0
13.5
16.7
13.0
12.6
12.5
11.0
14.5
11.9
2,715 5,201
3,019 5,399
3,279 5,411
2,139 3,873
2,518 3,952
2,143 4,060
2,584 5,246
2,185 4,288
2,379 3,762
2,382 4,102
6,132
6,003
5,903
4,346
4,306
4,509
5,513
4,686
4,132
4,547
52
61
67
208
211
193
104
176
222
189
17.8
12.5
27.6
17.4
11.7
-37.5
8.3
9.6
3,022
1,944
2,412
2,242
2,192
2,438
2,046
3,155
2,258
3,229
4,231
2,562
4,215
4,489
3,299
5,080
4,193
9,198
3,780
6,055
5,038
2,583
4,817
4,619
4,177
5,839
4,684
5,045
3,870
6,712
144
250
165
183
217
73
177
143
227
26
Victoria
Walker
Waller
Ward
Washington
Webb
Wharton
Wheeler
Wichita
Wilbarger
153
54
31
36
49
142
95
20
439
39
321
130
65
64
94
260
188
41
718
74
364
148
75
69
108
296
217
44
13.4
13.8
15.4
7.8
14.9
13.8
15.4
7.3
12.5
2.7
2,813
1,979
2,219
2,871
2,659
1,896
2,566
3,158
3,604
2,519
5,531
3,868
4,200
5,129
4,850
3,324
5,223
6,709
5,989
4,820
6,103
4,304
4,774
5,433
5,446
3,575
6,005
7,368
6,687
5,199
55
212
170
111
107
236
60
14
27
131
13.5
65.2
7.5
13.6
33.3
29.6
13.8
50.0
9.5
433
2,964
2,940
2,585
3,122
3,040
2,053
2,020
2,762
2,756
13,588
5,114
2,711
4,680
5,240
3,517
3,202
3,414
3,677
6,273
15, 710
5,680
4,169
5,237
5,920
4,905
4,214
3,873
5,411
7,014
1
85
218
125
65
153
216
226
113
18
Willacy
Williamson
Wilson
Winkler
Wise
Wood
Yoakum...
Young
Zapata
Zavala
24
94
25
32
54
49
24
47
6
14
42
203
43
52
97
99
39
91
14
37
55
231
52
56
112
118
41
101
17
36
31.0
13.8
20.9
7.7
15.5
19.2
5.1
11.0
21.4
-2.7
1,618
2,591
1,908
3,433
2,806
2,673
3,310
3,124
1,455
1,368
2,548
4,309
3,101
5,590
4,542
4,749
5,303
5,653
2,935
3,205
3,182
4,523
3,745
5,888
5,161
5,728
5,285
6,093
3,358
3,077
243
190
231
70
135
78
122
56
240
245
12.4
9.1
9.6
10.3
18.8
11.6
15.1
17.5
2,521
1,343
2,324
2,884
4,133
2,735
2,308
2,379
2,867
2,697
5,249
3,025
4,134
4,568
7,254
4,899
3,680
4,829
4,448
4,713
6,324
2,851
4,587
4,902
7,701
5,408
4,421
5,419
5,038
5,287
37
247
188
154
9
114
200
112
145
121
3,065
2,543
5,826
4,786
6,569
5,392
12.8
12.7
2,928
3,050
4,844
5,044
5,350
5,572
523
9
78.3
14.3
22.2
13.9
14.1
15.4
12.6
13.7
-11.1
-50.0
3,848
3,114
3,329
2,492
2,834
1,676
3,271
2,972
3,230
2,845
4,273
5,736
4,850
4,273
4,896
3,323
5,471
5,128
4,888
3,920
7,446
6,426
5,326
4,781
5,632
3,653
5,868
5,813
4,280
1,970
13
31
119
169
90
235
72
75
213
253
1,177
17
160
223
107
3
626
48
13.2
6.3
14.3
13.8
15.1
107
88
11
205
178
45
98
1,440
40
5
1,040
16
140
196
93
3
548
46
2,450
2,300
2,882
2,352
2,634
2,733
2,878
2,019
4,098
3,874
4,794
4,080
5,096
3,273
4,802
3,672
4,254
5,359
4,587
5,619
4,011
5,389
3,751
18
6
13
4
21
5
26
29
13
34
56
17
12
31
21
4
37.9
15.4
17.6
12.5
384
107
77
163
49
60
76
593
20
15
473
119
88
185
32
66
88
657
21
17
23.2
11.2
14.3
13.5
-34.7
10.0
15.8
10.8
5.0
13.3
3,128
3,826
2,013
3,404
5,241
2,712
2,416
2,972
2,146
2,081
5,105
4,764
4,534
4,844
4,705
4,377
4,265
6,538
4,180
3,486
6,192
5,236
5,037
5,515
3,152
4,717
4,840
7,181
4,381
4,042
46
126
146
103
244
174
163
40
15
40
63
17
13
31
23
5
6
9.5
25.0
20.0
1,922
2,240
2,994
2,591
2,188
2,373
2,493
3,203
1,885
3,101
4,147
3,903
5,337
3,817
3,342
3,492
3,917
4,664
3,393
2,950
5,251
4,644
6,103
4,280
3,511
3,983
3,768
5,061
3,761
3,479
12
1
17
27
22
24
10
25
28
2,806
349
20
7
53
384
22
8
10.0
10.0
14.3
13.2
3,449 5,787
3,867 6,007
1,395 3,386
2,033 3,614
6,128
6,223
3,799
4,234
53
44
230
214
3,151
31
50
60
34
119
80
737
32
72
12.3
3.3
11.1
17.6
9.7
8.2
8.1
14.8
18.5
14.3
3,252
1,639
2,365
2,542
2,872
3,104
2,356
2,388
2,438
2,115
5,471
2,469
3,705
4,352
4,585
4,802
4,257
3,880
4,028
3,534
6,005
2,570
4,056
4,826
5,220
5,258
4,411
4,327
4,579
3,824
2
29
19
11
9
7
15
16
14
23
759
16.7
11.6
1,876
3,151
3,560
5,093
4,053
5,666
20
3
200.0
12.0
11.8
-50.0
14.3
10.7
7.4
15.4
10.1
13.7
16
203
223
Utah
Sum of SMS A counties.
Sum of non-SMSA
counties
Beaver
Box Elder
Cache
Carbon
Daggett...
Davis
Duchesne
Emery
Garfield.
Grand
Iron
Juab
Kane
Millard
Morgan
Piute
Rich....
42
2
279
14
10
7
20
31
10
6
17
12
2
5
Salt Lake
San Juan
Sanpete
Sevier
_
Summit
Tooele
Uintah.-.
Utah
Wasatch
Washington
15
26
25
17
67
29
321
14
27
Wayne
Weber
3
395
51
31
110
74
642
27
63
14.2
4.3
8.3
4,525
62
SURVEY OF CUERENT BUSINESS
June 1978
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years i—Continued
Total personal income
Area title
Vermont
Sum of SMS A counties.
Sum of non-SMSA
counties
Addison
Bennington
Caledonia
Chittenden..
Essex
Franklin.
Grand Isle
Lamoille
Orange
Orleans
Rutland
Washington..
Windham
Windsor
Percent
change
1975-76
Millions of dollars
1969
1975
Per capita personal income
1976
Dollars
1969
1975
1976
Rank
in
State
1976
1,422
337
2,314
543
2,579
609
11.5
12.2
3,254
3,501
4,901
5,116
5,414
5,639
1,085
69
102
65
337
15
92
11
1,771
115
161
109
543
25
145
17
1,969
131
180
124
609
29
163
19
11.2
13.9
11.8
13.8
12.2
16.0
12.4
11.8
3,185
2,920
3,569
2,891
3,501
2,714
2,959
3,051
4,839
4,373
5,285
4,396
5,116
4,154
4,416
4,230
5,348
4,928
5,794
4,983
5,639
4,556
5,027
4,548
85
90
275
253
170
256
78
96
103
303
278
190
276
13.0
12.9
14.4
10.2
9.9
11.8
7.8
3,110
2,922
2,644
3,237
3,322
3,205
3,605
4,527
4,283
4,208
5,000
5,230
4,851
5,513
5,043
4,840
4,714
5,431
5,756
5,537
5,833
28,691
21,013
31,693
23,104
10.5
10.0
3,400
3,796
5,761
6,432
6,298
7,004
7,678
129
198
44
33
110
48
1,669
8,588
145
217
49
35
121
55
1,837
11.9
12.4
9.6
11.4
6.1
10.0
14.6
10.1
2,642 4,481 4,954
2,242 4,142 4,691
2,931 4,186 4,499
2,154 3,741 4,074
2,239 3,843 4,126
2,464 4,021 4,376
2,678 4,342 4,932
5,649 10,833 11,962
10.7
8.7
6.5
9.5
11.4
17.5
16.9
11.1
-3.7
9.7
2,774
2,447
2,806
2,052
2,675
2,111
1,834
1,872
2,997
2,537
4,076
4,300
4,562
3,791
4,278
3,603
5,360
3,265
4,614
4,478
4,419
4,803
5,165
3,378
3,567
3,677
6,221
5,182
4,186
4,568
3,500
4,388
4,888
3,784
3,904
4,091
6,749
5,675
4,463
4,993
3,542
4,911
5,421
127
126
116
20
44
97
68
132
74
52
41
51
53
168
156
106
158
Virginia
15,689
Sum of S M S A counties. 11,507
Sum of non-SMSA
counties
4,182
Accomack
66
Albemarle
109
Alleghany
27
Amelia
17
Amherst
64
26
Appomattox
Arlington
122
13
75
11
49
35
60
20
128
35
205
23
139
21
88
57
183
36
243
72
227
25
148
Carroll
Charles CityCharlotte
Chesterfield..
Clarke
Craig
Culpeper
Cumberland..
Dickenson
Dinwiddie....
47
13
24
9
49
12
31
53
81
23
46
635
45
16
95
25
79
97
91
25
52
727
49
17
104
25
90
106
12.3
8.7
13.0
14.5
8.9
6.3
9.5
13.9
9.3
2,019
2,078
2,363
3,894
3,002
2,623
2,717
1,977
1,870
2,467
17
2,040
86
23
18
72
66
45
43
25
4,138
164
38
37
128
128
71
82
50
37
4,570
182
41
43
144
143
78
90
55
12.1
10.4
11.0
7.9
16.2
12.5
11.7
9.9
9.8
10.0
2,436
4,651
3,235
2,352
2,428
2,535
2,794
2,680
3,046
2,492
4,201
8,050
5,718
3,669
4,177
4,109
4,691
4,285
4,853
4,521
4,697
8,696
6,171
3,981
4,686
4,524
5,068
4,679
5,308
4,871
85
5
29
120
87
95
65
88
56
75
Grayson
Greene
Greensville...
Halifax
Hanover
Henrico
Henry
Highland
Isle of WightJames City...
32
12
18
64
129
626
147
6
50
42
54
22
31
109
268
1,200
229
10
90
85
24
35
125
297
1,325
263
10
100
11.1
9.1
12.9
14.7
10.8
10.4
14.8
11.1
12.9
2,073
2,343
1,882
2,089
3,509
4,107
2,912
2,313
2,740
2,415
3,559
3,472
3,114
3,601
5,685
7,041
4,164
3,756
4,573
4,460
3,949
3,658
3,499
4,107
6,146
7,617
4,741
4,052
4,931
4,834
122
131
133
115
31
9
84
119
72
78
King and Queen
King George
King William
Lancaster
Lee
Loudoun
Louisa
Lunenburg
Madison
Mathews
13
27
22
25
33
137
29
28
20
19
25
52
42
49
83
29
56
48
54
93
385
82
59
39
16.0
7.7
14.3
10.2
12.0
15.6
24.2
13.5
8.3
8.6
2,380
3,396
2,930
2,668
1,572
3,775
2,085
2,389
2,270
2,573
4,260
5,717
5,200
5,035
3,445
4,927
5,861
5,954
5,607
3,682
7,710
4,843
4,795
3,910
4,744
73
39
36
46
130
8
76
80
124
Mecklenburg
Middlesex
Montgomery
Nelson
New Kent
Northampton
Northumberland
Nottoway
Orange
Page
73
14
122
25
14
30
22
38
45
41
121
28
210
41
35
54
45
67
76
74
137
32
229
44
39
60
48
72
90
82
13.2
14.3
9.0
7.3
11.4
11.1
6.7
7.5
18.4
10.8
2,447
2,188
2,634
2,099
2,685
2,022
2,324
2,633
3,243
2,442
4,098
4,025
3,680
3,464
4,954
3,598
4,702
4,709
4,787
4,048
4,646
4,407
3,924
3,720
3,908
5,060
5,185
5,426
4,376
101
123
128
55
125
66
60
51
103
237
44
66
70
266
48
74
100
11.1
12.2
9.1
12.1
13.6
2,462
2,225
2,481
2,603
3,232
3,937
3,784
4,260
4,158
4,768
4,398
4,251
4,557
4,554
5,185
102
109
93
94
61
Fairfax
Fauquier...
Floyd
Fluvanna...
Franklin-..
Frederick...
Giles
Gloucester..
Goochland,
Patrick
Pittsylvania
Powhatan
Prince Edward..
Prince George. .
132
19
37
82
See footnotes at end of table.
52
36
35
4,020
4,210
3,631
4,377
4,640
4,232
6,175
3,697
5,521
4,983
100
79
62
121
91
110
28
129
49
Percent
change
1975-76
Millions of dollars
1969
1975
1976
Dollars
1969
1975
Rank
in
State
1976 1976
Prince William..
Pulaski..._
Rappahannock.
Richmond
Roanoke.......
356
82
14
16
219
829
133
25
35
429
892
151
27
39
411
7.6
13.5
8.0
11.4
-4.2
3,370
2,775
2,665
2,532
3,349
5,645
4,112
4,508
5,449
5,734
5,939
4,642
4,994
5,909
6,585
Rockbridge—
Rockingham.
Russell
Scott
41
129
47
55
62
62
234
103
94
113
70
259
118
104
125
12.9
10.7
14.6
10.6
10.6
2,426
2,705
1,884
2,222
2,693
3,720
4,434
3,977
3,808
4,375
4,123
4,843
4,455
4,181
4,762
77
39
45
71
13
26
98
48
86
26
120
71
103
156
24
47
230
86
158
54
132
77
120
176
26
52
262
96
178
58
10.0
8.5
16.5
12.8
8.3
10.6
13.9
11.6
12.7
7.4
2,451
2,072
2,735
2,934
2,224
2,234
2,427
3,112
2,407
2,160
3,748
3,870
4,521
5,018
3,954
4,190
5,076
4,649
3,936
4,025
4,084
4,157
4,937
5,395
4,280
4,602
5,606
5,099
4,338
4,339
Wise
76
Wythe
55
York
107
Independent city:
Alexandria
540
Bedford City
22
Bristol
52
Buena Vista
18
Charlottesville
143
Chesapeake
250
Clifton Forge
16
Colonial Heights
59
Covington
37
Danville
152
Emporia
17
Fairfax City
90
69
Falls Church
Franklin
25
Fredericksburg
56
23
Galax
Hampton
388
Harrisonburg
52
Hopewell
78
Lexington
22
Lynchburg.
204
Martinsville
76
Newport News
475
Norfolk
1,027
Norton
13
Petersburg
141
Portsmouth
335
Radford
33
Richmond
1,064
Roanoke..
332
Salem
75
South Boston
27
Staunton
85
Suffolk
123
Virginia Beach
569
Waynesboro
65
Williamsburg
36
Winchester
70
Washington
13,062
Sum of SMS A counties. 9,932
Sum of non-SMSA
counties
3,129
Adams..
_.
48
Asotin
40
Benton
240
Chelan
_.
145
Clallam
112
Clark
443
Columbia
21
Cowlitz
236
Douglas
55
Ferry
11
Franklin
85
Garfield
13
Grant
136
Grays Harbor.
201
Island
84
Jefferson
32
King
5,261
Kitsap
380
Kittitas
Klickitat
Lewis
144
Lincoln
48
Mason.
67
Okanogan
82
Pacific
52
Pend Oreille..
16
Pierce
1,532
San Juan
15
214
91
195
246
102
215
15.0
12.1
10.3
2,068
2,451
3,318
5,224
3,873
5,231
5,675
4,304
5,502
979
37
94
26
259
495
28
1,074
41
107
30
283
553
32
9.7
10.8
13.8
15.4
9.3
11.7
14.3
4,901
3,713
2,589
2,793
3,692
2,854
2,869
112
57
250
28
176
124
46
109
40
677
123
63
277
32
192
136
53
122
46
749
89
129
34
310
113
771
1,500
27
243
559
101
143
38
392
128
851
1,564
30
261
610
51
1,650
539
138
42
140
226
1,255
104
78
57
1,791
653
153
48
154
250
1,390
115
87
Smyth
Southhampton.
Spotsylvania...
Stafford
Surry
Sussex
Tazewell
Warren..
Washington
Westmoreland..
Augusta
Bath....
Bedford
Bland
Botetourt
Brunswick...
Buchanan
Buckingham.
Campbell
Caroline
67
214
40
234
79
Area title
Shenandoah..
96
118
113
104
71
2
Per capita personal income
Total personal income
122
137
22,340
16,369
24,751
18,188
5,971
139
77
495
268
227
873
37
6,564
114
83
551
280
263
988
38
446
121
20
193
25
292
336
175
64
8,347
509
118
24
204
25
301
394
194
74
9,288
687
115
76
276
103
124
148
87
20
2,427
774
128
82
37
42
141
156
100
34
3,990
3,650
3,256
3,121
4,254
6,351
3,642
3,849
3,668
3,267
13.5 3,576
10.9 3,332
11.8 2,831
26.5 3,757
13.3 3,857
10.4 3,387
4.3 3,596
11.1 3,172
7.4 3,145
9.1 2,677
11.8 2,863
8.5 4,238
21.2 3,565
10.9 3,440
14.3 3,844
10.0 3,471
10.6 2,720
10.8 3,375
10.6 3,881
11.5 3,882
12.3 3,544
10.8 3,907
11.1 4,062
10.5
10.8
14.3
9.1
9.7
15.2
11.9
15.0
10.6
9,166 9,929
5,661 6,162
4,654 5,291
3,884 4,419
6,247 6,861
4,738 5,136
5,587 6,317
6,547 7,177
6,061 6,761
5,422 6,069
5,142 5,769
7,988 9,173
12,414 14,488
6,429 7,177
6,408 7,124
5,948 6,959
5,276 5,810
4,784 5,220
5,468 6.049
4,435 5,391
5,858 5; 977
6,063 6,857
5,544 6,084
5,241 5,668
6,106 6,342
5,246 5,556
5,170 5,709
4,356 4,769
7,244 7,908
6,044 6,433
5,600 6,507
6,253 6,758
6,236 6,984
4,764 5,294
5,774 6,217
6,138 6,858
7,255 7,972
5,692
6,427
6,277
6,421
6,853
7,044
3,486 5,914
4,322 10,713
3,010 5,142
6,407
3,649 6,580
3,283 5,654
3,486 5,650
4,825 8,261
14.1 3,478 6,115
-2.5 3,380 6,261
20.0 3,230 4,566
5.7 3,305 7,027
4,872 8,800
3.1 3,455 6,513
17.3 3,451 5,495
10.9 3,303 5,406
15.6 3,226 5,427
11.3 4,604 7,283
3,748 5,892
2,798 4,562
3,088 5,612
3,205 5,582
5,073 10,598
3,387 5,285
3,312 5,340
3,443 5,377
2,681 4,131
3,778 5,813
6,373
8,267
5,496
6,552
6,786
6,413
6,205
8,416
6,981
5,861
5,181
7,115
8,406
6,399
6,427
5,790
6,023
8,055
6,562
5,110
6,017
6,172
8,658
5,770
5,456
6,344
4,564
6,396
6,815
7,531
9.9
-18.0
7.8
11.3
4.5
15.9
13.2
2.7
12.7
11.3
7.9
11.6
-16.5
13.7
5.4
14.9
13.3
10.8
13.5
4,284
June 1978
SURVEY OF CURRENT BUSINESS
63
1
Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years —Continued
Per capita personal income
Total personal income
Area title
1969
Skagit
Skamania
Snohomish
Spokane
Stevens
Thurston
Wahkiakum
Walla Walla
Whatcom
Whitman
Percent
change
1975-76
Millions of dollars
_.
Yakima
183
17
940
982
51
288
11
141
262
129
1975
335
32
1,464
1,726
102
575
20
256
504
237
1976
Dollars
1975
1976
7,081
6,345
6,070
6,241
5,062
6,643
6,258
6,450
6,140
5,860
Dane
Dodge
Door
Douglas
Dunn
Eau Claire
Florence
Fond Du L a c
Forest
Grant
Green
Green Lake.
Iowa
Iron
Jackson
Jefferson
Juneau
Kenosha
Kewaunee...
La Crosse...
381
37
1,631
1,939
118
648
23
282
567
238
13.7
15.6
11.4
12.3
15.7
12.7
15.0
10.2
12.5
.4
3,581
2,969
3,577
3,564
2,996
3,830
3,425
3,491
3,249
3,549
6,318
5,389
5,506
5,646
4,562
6,150
5,517
5,940
5,592
5,883
451
845
6.3
3,186
5,445
5,718
8,905
3,740
9,991
4,208
12.2
12.5
2,736
3,305
4,949
5,653
5,487
6,366
2,586
30
109
53
22
92
352
12
5,165
66
195
131
41
160
581
25
5,783
71
216
149
44
181
650
28
12.0
7.6
10.8
13.7
7.3
13.1
11.9
12.0
2,388
2,171
2,900
2,121
1,780
3,156
3,311
1,666
4,539
4,240
4,860
4,678
3,159
5,166
5,578
3,194
4,986
4,393
5,278
5,204
3,352
5,923
6,203
3,571
Clay
Doddridge..
Fayette..
Gilmer...
Grant...
Greenbrier
Hampshire
Hancock
Hardy
Harrison..
15
11
114
14
17
73
24
146
17
217
33
21
237
26
35
142
46
255
32
37
22
267
30
39
157
50
288
35
416
12.1
4.8
12.7
15.4
11.4
10.6
8.7
12.9
9.4
7.8
1,701
1,710
2,316
1,926
1,952
2,289
1,940
3,679
1,830
2,988
3,375
3,116
4,519
3,260
3,958
4,310
3,565
6,382
3,432
5,151
3,603
3,390
4,990
3,604
4,328
4,664
3,769
7,268
3,790
5,447
Jackson. _
Jefferson. _
Kanawha..
Lewis
Lincoln
Logan..
McDowell
Marion.
Marshall
Mason
55
58
800
43
33
107
108
184
114
61
106
111
1,387
73
69
233
249
339
192
105
121
127
1,556
81
78
261
281
371
220
123
14.2
14.4
12.9
11.0
13.0
12.0
12.9
9.4
14.6
17.1
2,532
2,679
3,490
2,290
1,693
2,318
2,166
3,010
2,998
2,484
4,805
4,633
6,106
4,077
3,409
5,005
4,833
5,429
4,910
4,118
5,377
5,304
6,970
4,429
3,640
5,478
5,445
5,860
5,635
4,777
Mercer
Mineral
Mingo
Monongalia
Monroe
Morgan
Nicholas..
Ohio
Pendleton..
Pleasants
163
63
61
166
24
20
52
227
13
18
337
99
146
325
42
36
119
366
25
377
109
163
368
46
40
132
407
27
42
11.9
10.1
11.6
13.2
9.5
11.1
10.9
11.2
8.0
16.7
2,581
2,648
1,842
2,659
2,149
2,352
2,318
3,604
1,893
2,475
5,107
3,997
4,242
4,825
3,533
4,039
4,843
6,087
3,377
4,639
5,642
4,281
4,599
5,478
3,781
4,447
5,195
6,783
3,666
5,243
Pocahontas,
Preston.
Putnam
Raleigh
Randolph
Ritchie
Roane
Summers
Taylor
Tucker
17
54
75
169
55
23
27
27
32
15
31
116
150
401
112
41
55
53
61
27
34
126
169
473
121
45
61
59
9.7
8.6
12.7
18.0
8.0
9.8
10.9
11.3
11.5
11.1
1,913
2,157
2,647
2,404
2,241
2,186
1,894
2,036
2,224
2,042
3,539
4,306
4,865
5,225
4,305
3,991
3,658
3,852
4,000
3,599
3,881
4,563
5,389
5,926
4,580
4,317
3,984
4,181
4,417
3,993
Tyler
Upshur
Wayne...
Webster
Wetzel
Wirt
Wood....
Wyoming
26
39
96
16
61
9
281
67
42
83
167
35
93
17
474
152
48
91
188
41
107
19
529
173
14.3
9.6
12.6
17.1
15.1
11.8
11.6
13.8
2,541
2,028
2,424
1,623
3,107
1,990
3,284
2,209
4,165
3,968
4,289
3,422
4,488
3,832
5,426
4,660
4,893
4,189
4,743
3,746
5,144
3,863
6,040
5,173
15,363
10,228
25,668
16,827
28,256
18,512
10.1
10.0
3,509
3,850
5,594
6,087
6,131
6,683
5,135
19
43
88
26
505
38
20
8,841
42
75
162
47
913
63
40
9,744
42
84
177
52
1,019
70
45
10.2
12.0
9.3
10.6
11.6
11.1
12.5
2,984
2,164
2,510
2,553
2,169
3,319
2,710
2,155
4,846
3,726
4,492
4,386
3,755
5,343
4,457
3,699
5,299
3,702
5,051
4,822
4,044
5,877
4,885
3,924
132
78
131
37
150
230
126
226
65
165
254
143
243
69
10.0
10.4
13.5
7.5
6.2
3,256
2,843
2,514
3,311
2,362
5,177
4,642
3,917
5,320
4,009
5,751
5,176
4,449
5,737
4,251
Wisconsin
Sum of S M S A counties.
S u m of non-SMSA
counties
Adams.
Ashland
Barron
Bayfield
Brown
Buffalo
Burnett
Calumet
Chippewa
Clark..
Columbia
Crawford
•Less than $500,000.
1. Detail may not add to higher level totals because of rounding.
2. County population used in the computation of per capita personal income in 1975 includes Vietnamese refugees as follows: Sebastian County, Arkansas, 24,000; San Diego County,
California, 18,000; Okaloosa County, Florida, 6,000; and Lebanon County, Pennsylvania,
17,000.
Area title
1969
4,777
2,191
West Virginia
Sum of S M S A counties.
Sum of non-SMSA
counties
Barbour
Berkeley
Boone
Braxton
Brooke
Cabell
;
Calhoun
Rank
in
State
1976
Total personal income
Percent
change
1975-76
Millions of dollars
1969
1975
Per capita personal income
1976
Dollars
1969
1975
1976
Rank
in
State
1976
1,084
210
59
127
71
228
7
284
15
137
1,848
381
120
225
127
363
14
464
28
237
2,029
411
136
249
140
387
16
508
32
262
7.9
13.3
10.7
10.2
6.6
14.3
9.5
14.3
10.5
3,875
3,058
2,886
2,757
2,473
3,519
2,225
3,422
1,971
2,836
6,103
5,224
5,306
5,013
4,021
5,004
4,043
5,295
3,413
4,790
6,611
5,634
6,011
5,529
4,325
5,196
4,292
5,795
3,878
5,187
5
24
14
27
60
29
62
17
70
30
101
58
58
15
37
201
51
407
54
258
166
95
88
27
70
345
80
766
89
442
188
103
92
29
76
373
90
821
99
499
13.3
8.4
4.5
7.4
8.6
8.1
12.5
7.2
11.2
12.9
3,792
3,456
2,983
2,292
2,412
3,411
2,786
3,448
2,810
3,217
5,758
5,483
4,538
4,054
4,420
5,412
4,225
6,194
4,508
5,106
6,423
5,950
4,626
4,429
4,742
5,772
4,720
6,605
4,996
5,683
7
15
49
57
46
18
47
6
35
23
Lafayette...
Langlade...
Lincoln
Manitowoc.
Marathon...
Marinette...
Marquette..
Milwaukee..
Monroe
Oconto
51
46
62
260
293
93
23
4,373
87
61
87
82
111
427
520
166
45
6,555
156
117
91
85
125
477
588
185
47
7,152
167
128
4.6
3.7
12.6
11.7
13.1
11.4
4.4
9.1
7.1
9.4
2,857
2,301
2,593
3,158
3,031
2,595
2,650
4,139
2,695
2,369
4,860
4,153
4,386
5,154
4,978
4,385
4,325
6,452
4,683
4,275
4,985
4,264
4,831
5,759
5,601
4,807
4,372
7,116
4,916
4,553
37
63
42
19
25
44
58
3
38
53
Oneida
Outagamie.
Ozaukee
Pepin
Pierce
Polk
Portage
Price
Racine
Richland...
70
408
230
19
80
75
125
35
636
44
140
692
451
30
135
133
237
61
1,066
74
158
780
503
32
152
147
257
69
1,165
78
12.9
12.7
11.5
6.7
12.6
10.5
8.4
13.1
9.3
5.4
2,869
3,496
4,389
2,499
3,032
2,749
2,745
2,361
3,737
2,616
4,939
5,494
3,896
4,650
4,387
4,551
3,866
6,020
4,370
5,419
6,186
7,691
4,201
5,124
4,831
4,870
4,298
6,635
4,616
28
11
1
66
32
41
40
61
4
50
Rock
Rusk
St. Croix
Sauk
Sawyer
Sheboygan...
Taylor
Trempealeau.
Vernon
Vilas
479
29
102
139
21
344
37
62
60
27
752
56
181
217
45
555
73
109
106
57
849
62
201
232
48
618
83
116
113
64
12.9
10.7
11.0
6.9
6.7
11.4
13.7
6.4
6.6
12.3
3,690
2,000
3,014
3,625
2,124
3,597
2,113
2,617
2,400
2,483
5,581
3,637
4,662
5,315
3,920
5,531
3,945
4,472
4,175
4,231
6,312
4,011
5,065
5,725
4,254
6,177
4,483
4,763
4,566
4,634
9
68
33
22
64
12
55
45
52
48
Wai worth
Washburn
Washington
Waukesha
Waupaca
Waushara
Winnebago
Wood
Shawano
(incl.
Menominee).
207
26
234
957
111
38
461
210
340
53
435
1,746
188
70
754
368
59
485
1,963
205
73
832
417
8.5
11.3
11.5
12.4
9.0
4.3
10.3
13.3
3,332
2,395
3,770
4,268
2,898
2,567
3,627
3,306
5,213
4,271
5,758
6,851
4,577
4,369
5,741
5,395
5,583
4,508
6,320
7,552
4,994
4,326
6,302
6,031
26
54
8
2
36
59
10
13
84
161
175
8.7
2,259
4,285
4,588
51
Wyoming
Sum of SMS A counties.
Sum of non-SMSA
counties
Albany
Big Horn
Campbell
Carbon
Converse
Crook
Fremont
1,121
210
2,278
402
2,590
453
13.7
12.7
3,407
3,774
6,063
6,370
6,634
7,129
911
67
28
35
49
20
14
77
1,876
123
54
85
103
43
24
142
2,137
140
56
102
124
51
28
167
13.9
13.8
3.7
20.0
20.4
18.6
16.7
17.6
3,332
2,583
2,779
2,647
3,747
3,434
3,101
2,767
6,000
4,558
4,800
6,149
5,343
4,888
4,534
6,537
5,028
4,833
7,027
7,203
5,404
5,452
5,230
20
21
6
4
17
16
18
Goshen
Hot Springs.
Johnson
Laramie
Lincoln.
Natrona
Niobrara
Park
Platte
Sheridan
29
16
18
210
28
212
11
58
21
67
58
27
32
402
54
431
16
117
33
122
58
30
36
453
62
499
17
125
40
138
11.1
12.5
12.7
14.8
15.8
6.3
6.8
21.2
13.1
2,659
3,267
3,263
3,774
3,289
4,177
3,792
3,319
3,275
3,758
4,933
5,494
5,697
6,370
5,431
7,865
5,496
6,195
4,504
6,112
4,699
5,792
5,965
7,129
5,936
8,753
6,045
6,408
5,130
6,562
23
14
12
5
13
1
11
9
19
Sublette
Sweetwater..
Teton
Uinta
Washakie....
Weston
12
59
24
23
23
21
25
213
50
45
43
39
28
242
58
49
47
42
12.0
13.6
16.0
8.9
9.3
7.7
3,149
3,191
5,051
3,204
3,066
3,335
6,030
7,023
7,828
4,728
5,276
6,245
6,736
7,724
8,526
4,806
5,683
6,328
3
2
22
15
10
BY JOAN E. BOLYARD
International Travel and Passenger Fares, 1077
Expenditures of international travelers to and from the United States
resulted in net travel and passenger
fare payments to foreigners of $3.1
billion in 1977, a 16-percent increase
from the 5-year low of $2.7 billion in
1976. U.S. residents traveling abroad in
1977 spent $10.3 billion, up $0.9 billion,
or 9 percent from 1976.2
They spent $7.5 billion in foreign
countries, a 9-percent increase, and paid
$2.8 billion, an 11-percent increase, to
foreign carriers for passenger fares.
In addition, U.S. travelers paid $1.6
billion in passenger fares to U.S.
carriers, a 13-percent increase. Total
receipts from foreign visitors to the
United States were $7.2 billion, a
$0.5 billion, or 7-percent increase.3
These receipts consisted of $6.2 billion
spent within the United States, a 6percent increase, and $1.0 billion, a
9-percent increase, in payments to U.S.
carriers for passenger fares to and from
the United States (table 1).
The 9-percent rise in U.S. travel
expenditures in foreign countries reflected continued inflation abroad and
the depreciation of the dollar against a
number of foreign currencies. • U.S.
travel expenditures in constant (1972)
dollars, adjusted for changes in foreign
consumer prices and in dollar exchange
rates, declined about 1 percent. These
expenditures had peaked in 1972, declined through 1975, and rebounded
sharply in 1976 (chart 21). Receipts
from foreign visitors in the United
States in constant (1972) dollars, adjusted for changes in U.S. consumer
prices and dollar exchange rates, also
declined in 1977.
Although U.S. travel expenditures
have increased steadily since 1968, the
proportion of U.S. disposable personal
income spent on travel abroad has
declined over the past 4 years—from 1.0
percent in 1974 to 0.9 percent in 1977.
1. This article reviews total expenditures of U.S. residents
traveling abroad and expenditures of foreign residents visiting the United States. Expenditures so defined include the
travel accounts and part of the passenger fare accounts that
appear in the U.S. international transactions accounts. They
do not cover U.S. carriers' receipts for transporting foreign
residents between foreign points; these receipts do not involve
travel to and from the United States, but they are included
in the passenger fare account in line 5 of tables 1, 2, and 10
of the quarterly presentation of U.S. international transactions. These expenditures do cover passenger fares paid by
U.S. travelers to U.S. transoceanic carriers (line B3 of table 1
of this article), which are an important part of total expenditures by U.S. travelers; these fares do not enter into the U.S.
international transactions accounts.
2. Travel account payments include expenditures in
foreign countries by U.S. visitors for food, lodging, entertainment, transportation purchased abroad, and other
expenses incidental to a foreign visit. Excluded are expenditures by U.S. military and other government personnel
stationed abroad, by their dependents, and by U.S. citizens
residing abroad. Payments to foreign transoceanic carriers
and shipboard expenditures are included in the passenger
fares account. Shore expenditures of cruise passengers are
included in travel payments.
3. Travel account receipts include expenditures in the
United States for services similar to those indicated in footnote 2, by foreigners on business, pleasure, and study trips,
and by those in transit. Receipts of U.S. transoceanic carriers
from foreigners are included in the passenger fares account.
64
U.S. travel abroad
Canada and Mexico.—U.S. travelers
spent $3.4 billion in Canada and
Mexico in 1977, an 8-percent increase
from 1976. Forty-five percent of total
U.S. travel expenditures again went to
Canada and Mexico (table 2).
Although travelers to Canada spent
$1.4 billion, an increase of 5 percent,
the number of Americans traveling to
Canada declined slightly, to 32 million.
A particularly sharp decline in the first
quarter—the number of travelers fell 6
percent from the same period in 1976—
was largely due to the extremely cold
weather. The average expenditure per
traveler was $45, 6 percent more than
in 1976.
U.S. air travelers to Canada, who
accounted for 28 percent of total U.S.
travel spending in Canada, increased
in number by 7 percent; this increase
was more than offset by a drop in the
number of auto travelers. Auto travelers
accounted for 86 percent of all U.S.
travelers to Canada and for 60 percent
of total U.S. travel spending there;
auto travelers on trips lasting 2 or
more nights accounted for 47 percent
of spending in Canada.
Newfoundland and British Columbia
were the only provinces that experienced an increase in the number of
U.S. visitors, but these two provinces
accounted for only 10 percent of all
U.S. travelers to Canada. The major
destination was the province of OnCHART 21
U.S. Travelers' Expenditures in Foreign
Countries
4 -
3 -
1967
69
71
73
75
77
* Adjusted for changes in foreign consumer prices and changes in dollar exchange
rates; country data are weighted by travel expenditures and summed to total.
U.S. Department of Commerce, Bureau of Economic Analysis.
78-6 21
SURVEY OF CUEEENT BUSINESS
June 1978
Table 1.—International Travel and Passenger Fare Transactions
[Millions of dollars]
1974
1973
1975
1976
1977
A. Transactions included in estimates of U.S. International transactions:
1. Total travel and passenger fare payments _
2.
3.
Travel: Payments of U.S. travelers in foreign countries (line
20)
Passenger fares: U . S . payments to foreign carriers (line 21)
7,316
8,075
8,680
9,424
10,294
5,526
1,790
5,980
2,095
6,417
2,263
6,856
2,568
7,451
2,843
4,130
4,845
5,606
6,743
7,189
3,412
4,032
4,839
5,806
6,164
718
3,186
813
3,230
767
3,074
937
2,681
1,025
3,105
5,526
5,980
6,417
6,856
7,451
1,790
2,095
2,263
2,568
2,843
4. Total travel and passenger fare receipts
5.
Travel: Receipts from foreign visitors in the United States (line
4)
6. Passenger fares: Receipts of U.S. carriers for transportation of
foreign visitors to and from the United States (part of line 5) i.
7. Net travel and passenger fare payments
B. Total expenditures of U.S. residents for travel abroad:
1.
2.
3.
Travel payments of U.S. travelers in foreign countries (line
20)
U . S . passenger fare payments to foreign carriers (line 21)
U . S . passenger fare payments to U.S. carriers (not included in
U.S. international transactions accounts)
4. Total expenditures of U.S. residents for travel abroad.
1,156
1,331
1,463
1,444
1,630
8,472
9,406
10,143
10,868
11,924
1. Excludes fares paid b y foreigners to U.S. carriers for transportation between two foreign points.
NOTE.—References in parentheses are to lines in tables 1, 2, and 10 of the quarterly presentations of U.S. internationa
transactions in the March, June, September, and December issues of the SURVEY OF C U R R E N T BUSINESS.
Table 2.—Travel Payments of U.S. Travelers in Foreign Countries, by Area
[Millions of dollars]
1973
Total travel payments..
Canada
Mexico
Mexican border area.
Overseas
Europe and Mediterranean i
Western Europe
1974
1975
1976
1977
5,526
5,980
6,417
6,856
7,451
1,158
1,264
1,359
1,475
1,306
1,637
1,047
1,371
1,723
1,007
1,433
1,918
1,165
3,474
3,762
4,100
1,918
2,150
2,398
1,709
1,885
2,104
715
904
3,104
3,146
1,993
1,802
1,800
1,600
354
237
218
135
368
198
188
117
404
226
194
121
494
254
207
129
585
233
240
147
Germany..
Austria
DenmarkSweden
170
77
42
27
153
61
43
32
174
65
43
29
195
70
38
37
203
73
51
40
Norway
Netherlands
B elgium-Luxembourg.
Spain
33
63
25
201
31
47
31
138
44
60
39
135
40
58
35
117
38
49
34
153
Portugal
Ireland
Greece
Other Western Europe..
58
45
88
27
36
47
84
26
19
55
73
28
14
83
90
24
37
97
98
26
United Kingdom..
France
Italy
Switzerland
Other Europe and Mediterranean..
193
202
209
265
294
100
95
107
57
152
118
147
570
685
787
784
146
148
790
109
110
151
122
118
161
118
133
168
109
123
158
100
95
55
95
87
60
155
103
97
190
125
102
144
106
159
South America.
132
209
242
Other areas
409
450
527
123
65
48
173
102
75
55
218
131
75
54
267
Israel..
Other.
Caribbean and Central America..
Bermuda..
Bahamas..
Jamaica...
Other British West Indies
Netherlands West Indies
_
Other West Indies and Central America-
Japan
Hong Kong
Australia-New Zealand.
Other
147
232
596
145
74
82
295
254
658
149
87
92
.330
1. Includes all European countries, Algeria, Cyprus, Egypt, Israel, Lebanon, Libya, Malta, Morocco, Syria, Tunisia,
and Turkey.
NOTE.—Includes shore expenditures of cruise travelers.
65
tario, which received 65 percent of
U.S. travelers to Canada and 54 percent
of their expenditures. Quebec received
14 percent of expenditures, and British
Columbia and the Yukon together
received 16 percent. The remaining 16
percent was spread among the other
provinces.
U.S. travelers to Mexico spent $1.9
billion, 11 percent more than in 1976.
The number of travelers to the interior
and their expenditures each rose about
4 percent, with expenditures totaling
$0.8 billion. Fewer people traveled overland to visit Mexico's interior, and expenditures by this group of travelers
dropped; the drop was more than offset
by the increase in the number of air
travelers, who increased their expenditures by 15 percent. U.S. travelers to
the border area spent $1.1 billion, a
16-percent increase, although their
numbers were virtually unchanged.
During 1977, the peso depreciated 14
percent against the dollar, making
prices in Mexico attractive to Americans despite peso price increases during
the year. Prices are an especially important consideration to border-area
travelers, who usually visit for a short
period of time for shopping or entertainment.
Overseas travel.—U.S. travelers to
overseas areas in 1977 numbered 7.4
million, up 0.5 million; their expenditures rose 9 percent, to $4.1 billion, and
accounted for 55 percent of total U.S.
travel spending in foreign countries
(table 3).
As in previous years, Europe and the
Mediterranean area were the major
destinations for travelers overseas; over
one-half of all travelers from the
United States visited the area. Their
expenditures rose 12 percent, to $2.4
billion. The average cost per trip to
Europe and the Mediterranean area
was $1,167, consisting of $612 spent
in countries visited, about the same
as in 1976, and $555 for air fare,
down nearly 3 percent. An increase in
charter travel was probably responsible
for the drop in the average air fare.
Twenty-nine percent of all travel to
Europe was by charter, up from 25
percent in 1976. In the third quarter,
when travel volume was heaviest,
charters carried 37 percent of U.S.
SUEVEY OF CUREENT BUSINESS
66
Table 3.—U.S. Travelers Overseas,
by Area
19 days, compared with 24 days in the
1974-76 period (table 4). Charters in
[Thousands]
1977 often offered 7-14 day trips,
while fare rates for scheduled operations
1977
1974
1975
1976
1973
encouraged trips of over 22 days. By
6,933 6,467 6,354 6,897 7,390
Total
using air charters, travelers limited
Europe and Medtheir visits to shorter periods; thus
iterranean.
3,915 3,325 3,185 3, 523 3,920
Western Europe
3,720 3,118 2,990 3,295 3,663
they were able to compensate for
Caribbean and
higher
prices and the decline of the
2,032 2,147 2,065 2,201 2,203
Central America
dollar
against
a number of European
447
483
423
436
383
South America
currencies.
657
737
572
784
603
Other areas
Over 1.5 million U.S. travelers visited
the United Kingdom, almost twice
NOTE.—Excludes cruise travelers.
Source; U.S. Department of Commerce, Bureau of Econothe number to visit other any country
mic Analysis, based on data of U.S. Department of Justice,
Immigration and Naturalization Service.
in the European and Mediterranean
area. The $0.6 billion they spent there
travelers to Europe, compared with 30 accounted for one-fourth of total U.S.
travel expenditures in the area. An
percent in 1976.
Foreign air carriers increased their increase in the number of travelers,
share of U.S. charter traffic to Europe combined with higher average expendifrom 28 percent in 1976 to 35 percent tures, produced an 18-percent increase
in 1977. Foreign carriers' increased in total expenditures. In France, Belshare of charter flights was offset by a gium, and the Netherlands, higher
slight decline in their share of scheduled average expenditures only partly offset
traffic. In all, about 48 percent of U.S. a decline in the number of U.S.
air travelers to Europe used foreign travelers, and total expenditures in
flag airlines, unchanged from 1976. these countries declined. Fewer U.S.
The increased use of air charters to travelers visited Germany and Austria
Europe may have been a factor in the as well, but in these countries the
decline in the average length of stay in decline was more than offset by higher
Europe and the Mediterranean area to average expenditures. Both the num-
June 1978
Table 4.—Average Length of Stay of U.S.
Travelers in Selected Areas
[Days]
Europe and Mediterranean
Caribbean and Central
America:
Bermuda
Bahamas
Other Caribbean and
Central America
1973
1974
1975
1976
27
24
24
24
6
5
6
6
6
6
6
6
1977
10
10
10
10
12
12
88
9
South America
14
14
18
18
18
18
14
14
14
Other overseas
28
28
22
22
23
23
20
20
20
NOTE.—Excludes cruise travelers.
ber of travelers to Portugal and their
expenditures more than doubled from
the 1975-76 low, reflecting a more
stable political situation there (table
5).
The number and expenditures of
U.S. travelers to the Caribbean and
Central America were virutally unchanged at 2.2 million and $0.8 billion,
respectively. Expenditures for travel
to Bermuda, Jamaica, and the Bahamas
declined, but were offset by increases
in other West Indies and Central
American countries. About one-third
of all U.S. travelers overseas visited
the West Indies and Central America
in 1977.
Table 5.—Number of U.S. Travelers and Their Average and Total Travel Payments in Europe and the Mediterranean Area
1976
Number
of travelers Percent
(thouof total
sands) i travelers *
Europe and Mediterranean
Percent change: 1976-77
1977
Average
spending
per
traveler
(dollars) 2
Total
spent
(millions
of dollars)
Percent
of total
spending
Number
of travelers Percent
(thouof total
sands)
travelers !
Average
spending
per
traveler
(dollars) 2
Total
spent
(millions
of dollars)
Percent
of total
spending
Average
spending
Number
per
of travelers
traveler
0.3
Total
spent
3,523
100.0
610
2,150
100.0
3,920
100.0
612
2,398
100.0
11.3
3,295
93.5
572
1,885
87.7
3,663
93.4
574
2,104
87.8
11.2
1,386
902
665
585
39.3
25.6
18.8
16.6
356
282
311
221
494
254
207
129
23.0
11.8
9.6
6.0
1,559
786
715
620
39.8
20.1
18.2
15.8
585
233
240
147
24.4
9.7
10.0
6.1
18.4
-8.3
15.9
14.0
802
395
214
154
22.7
11.2
6.1
4.3
243
177
178
240
195
70
38
37
9.1
3.3
1.8
1.7
768
359
238
180
19.6
9.2
6.1
4.6
203
73
51
40
8.5
3.0
2.1
1.7
12.5
-12.9
7.5
6.0
-4.2
-9.1
11.2
16.9
5.6
5.3
7.7
7.2
Germany
Austria...
Denmark
Sweden
376
297
335
237
264
203
215
224
14.7
20.8
-6.7
4.1
4.3
34.2
8.1
Norway
Netherlands.
Belgium-Luxembourg
Spain
133
432
3.7
12.2
301
134
1.9
2.7
147
317
3.8
8.1
255
155
38
49
1.6
2.1
10.5
-26.6
-15.3
15.7
-5.0
-15.5
290
309
8.2
8.7
121
379
40
58
35
117
1.6
5.4
240
334
142
458
34
153
1.4
6.4
-17.2
8.1
17.4
20.8
-2.9
30.8
Portugal
Ireland
Greece
Other Western Europe
w-.
57
251
229
1.6
7.1
6.5
246
331
393
14
83
90
3.9
4.2
6.1
8.5
3.4
7.7
6.6
278
320
381
37
97
1.5
4.1
4.1
135.1
20.7
12.2
13.0
-3.3
-3.1
164.3
16.9
8.9
140
3.9
24
1.1
264
7.4
14.0
3.1
23.7
.7
Western Europe
United Kingdom
France
Italy
Switzerland
Israel
Other
494
447
n.a.
118
147
5.5
6.8
N.a. Not available.
1. Because some travelers visit more than one country, the total of estimated visits to specific countries is larger than the total number of travelers.
134
303
257
122
316
489
3.1
8.1
12.5
n.a.
146
148
8.3
-12.9
26
461
6.1
6.1
19.7
-1.0
11.5
11.6
n.a.
2. Data on average spending exclude shore expenses of cruise travelers.
Source: U.S. Department of Commerce, Bureau of Economic Analysis; number of travelers
based on data of the U.S. Department of Justice, Immigration and Naturalization Service.
June 1978
Table
6.—U.S. Receipts from Foreign
Visitors in the United States
[Millions of dollars]
1977
Total U.S. travel
receipts..
3.412 4,032
4,839
5,806 6.164
Canada
Mexico
U.S. border a r e a . .
1,072
830
598
1,225
1,142
858
1,561
1,453
1,114
1,983
1,428
1,087
2,150
1,414
1,065
Total overseas
1,510
1,665
1,825
2,395
2,600
559
126
76
137
46
27
19
23
105
570
142
63
126
43
28
22
27
119
611
144
68
145
41
36
23
32
122
852
183
96
206
59
49
37
43
179
988
199
120
261
60
57
40
51
200
205
216
206
289
270
South America
198
237
303
360
444
Other areas
Japan
548
334
642
402
705
410
894
439
898
436
Western E u r o p e . . .
United Kingdom.
France
Germany
Italy
Netherlands
Sweden
Switzerland
Other
Caribbean and
Central America.
Spending in South America increased
10 percent to $0.3 billion. This increase
resulted from a 10-percent increase in
the number of travelers; average spending was unchanged.
Travel expenditures in other areas,
mainly the Pacific and Far East,
totaled $0.7 billion, 10 percent more
than in 1976. Although travel expenditures in Japan rose 3 percent to $0.2
billion, real expenditures declined
sharply because of the appreciation of
the yen against the dollar and the rise
in consumer prices in Japan during the
year.
Foreign travel to the United States
Foreign visitors spent $6.2 billion in
the United States in 1977, up $0.4 billion or 6 percent (table 6). In addition,
foreign visitors paid $1.0 billion to U.S.
carriers for passenger fares to and from
the United States. Visitors from Canada,
Western Europe, and South America
spent more than in 1976, and visitors
from Mexico and the Caribbean and
Central America spent less. The total
number of visitors from overseas was
virtually unchanged at 4.5 million. The
dollar depreciation against a number of
foreign currencies—which made U.S.
goods and services cheaper in terms of
these currencies—contributed to the
increase in foreign visitors' expenditures in the United States.
SUEVEY OF CURRENT BUSINESS
67
Canada and Mexico.—Canadian and
Mexican visitors to the United States
spent $3.6 billion in 1977, 4 percent
more than in 1976. Their expenditures
again accounted for 58 percent of all
travel spending here.
Expenditures of Canadian visitors to
the United States rose 9 percent to $2.2
billion. The number of Canadian visitors
rose almost 6 percent, to about 38
million, and average expenditures were
up 4 percent. The largest increase in
expenditures was in the first quarter,
when they increased 15 percent over the
same period of 1976. Average expenditures for the quarter were $88, higher
by far than for any other quarter. Despite a decline in the Canadian dollar
against the U.S. dollar, visitors from
Canada continued the clearly established trend toward winter vacations in
warmer climates.
The number of auto travelers, who
accounted for 88 percent of all Canadian
visitors to the United States, rose 5 percent. The number of air travelers rose
15 percent. Of the 38 million Canadians
who visited the United States, 40 percent came from the province of Ontario, 20 percent from British Columbia,
and 16 percent each from New Brunswick and Quebec. The remaining 8 percent came from the provinces of Manitoba, Saskatchewan, and Alberta.
Mexican visitors spent $1.4 billion
for travel in the United States, slightly
less than in 1976. Spending by travelers
to the U.S. interior increased 3 percent.
A 6-percent increase in average expenditures more than compensated for a
3-percent drop in the number of
travelers. Border area travelers spent
$1.1 billion, a 2-percent decline. Spending the U.S. border area, which accounts
for three-quarters of total Mexican travel expenditures in the United States,
was dampened by the 14-percent depreciation of the peso against the dollar
during 1977, which made U.S. goods
and services more expensive in terms
of pesos.
Overseas visitors.—Visitors to the
United States from overseas areas
spent $2.6 billion, up 9 percent; the
number of visitors remained at about
4.5 million. Pleasure travelers—78 per-
Table 7.—Foreign Visitors to the United
States From Overseas, by Area and Type
of Visa
[Thousands]
Busi- Pleas- Tran-
Total ness
Student
sure
sit
640
607
3,529
3,526
206
205
134
118
334
318
1,438
1,466
98
94
15
14
53
47
482
485
26
25
17
16
53
47
483
427
21
22
16
14
201
195
1,127
1,148
61
64
84
74
93
92
636
659
10
5
11
10
Overseas, total:
1977
4,509
1976
4,456
Europe:
1977
1,885
1976.
1,892
Caribbean a n d Central America:
1977
578
1976
573
South America:
573
1977
. .
510
1976.
Other areas:
1977
. . 1,473
i, 481
1976
Japan:
750
1977
766
1976
N O T E . — D a t a are not adjusted for multiple entries on a
single t r i p .
Source: U.S. Department of Commerce, Bureau of Economic Analysis, based on data of U.S. D e p a r t m e n t of Justice,
Immigration and Naturalization Service.
cent of all travelers in 1977—remained
at 3.5 million (table 7).
Expenditures of Western European
visitors increased 16 percent to $1.0
billion, as visitors from every country
increased their expenditures. Visitors
form both France and Germany increased their expenditures at least onefourth. The number of visitors from
the United Kingdom, France, and
Germany, which together accounted
for almost 60 percent of all European
visitors, was virtually unchanged.
The number of travelers from the
Caribbean and Central America also
was virtually unchanged. Their expenditures declined 7 percent, but remained above those in the 1973-75
period.
South American visitors increased
their expenditures almost one-fourth to
$0.4 billion, and their number increased 12 percent to 0.6 million. South
America was the only overseas area
with a substantial increase in visitors to
the United States.
About 1.5 million visitors from other
areas spent $0.9 billion for travel here,
accounting for 35 percent of all receipts from overseas. Over half of these
visitors were from Japan. Japanese
visitors spent $0.4 billion here; a small
decline in their number was offset by
a rise in their average expenditures.
SUEVEY OF CUREENT BUSINESS
68
June 1978
Subject Guide
January-June Issues of Volume 58 (1978)
Articles and sections of the monthly "Business Situation77 are listed below by
subject. Title, author, and issue and beginning page numbers are given. Discussions of the national income and product estimates and the national income and
product tables appeared in each issue.
NATIONAL
Debt
Public and Private Debt. (Series discontinued.) 5-4.
Earnings
Reconciliation of BEA Compensation and BLS Earnings. 2 - 1 ; 5-2.
GNP by industryGross Product by Industry, 1977. Donald P. Eldridge, 4-20.
Government
transactions
Federal Budget Developments. 3-4.
Federal Fiscal Programs. Charles A. Waite, Joseph C. Wakefield.
2-21.
Receipts and Expenditures of State Governments and of Local
Governments, 1959-76. David J. Levin. 5-15.
Housing and construction
Residential Construction: Three Years of Recovery. Douglas R.
Fox, Virginia K. Olin. 6-Part 1-18.
Inventories and sales
Manufacturing and Trade Inventories and Sales in Constant
Dollars. 1976:1-1977: IV, 2-11; 1977:1-1978:1, 5-14.
Revised Manufacturing and Trade Inventories and Sales, 1967-77.
5-34.
National income and product accounts (NIPA's)
National income and product errata for July 1977. 1-44.
Plant and equipment
expenditures
Plant and Equipment Expenditures. John T. Woodward. Year
1977, 1-17; First and Second Quarters and Second Half of 1978,
3-19; Four Quarters of 1978, 6-Part 1-28.
Pollution abatement and control
Capital Expenditures by Business for Pollution Abatement, 1973-77
and Planned 1978. Gary L. Rutledge, Frederick J. Dreiling,
Betsy C. Dunlap. 6-Part 1-33.
Pollution Abatement and Control Expenditures, 1972-76. Frank W.
Segel, Frederick J. Dreiling. 2-12.
Prices
Reconciliation of Quarterly Changes in Measures of Prices Paid
by Consumers. 3-6; 5-2.
Productivity
Effects of Selected Changes in the Institutional and Human Environment Upon Output Per Unit of Input. Edward F. Denison.
1-21.
Taxes
Federal Personal Income Taxes: Liabilities and Payments. Stephen
C. Lehman. 5-28.
INTERNATIONAL
Balance oj payments
U.S. International Transactions. Fourth Quarter and Year 1977,
Steven V. Dunaway, 3-41; First Quarter 1978, Christopher L.
Bach, 6-Part II.
Military
transactions
Military Transactions in the U.S. International Accounts, 1972-77.
Walter G. Kealy, Jr., Rodney D. Thorn. 5-22.
OPEC transactions
OPEC Transactions in the U.S. International Accounts, 1972-77.
Christopher L. Bach. 4-21.
Travel
International Travel and Passenger Fares, 1977. Joan E. Bolyard.
6-Part 1-64.
U.S. investment abroad
Capital Expenditures by Majority-Owned Foreign Affiliates of U.S.
Companies, 1977 and 1978. David H. Galler. 3-25.
Sales by Majority-Owned Foreign Affiliates of U.S. Companies,
1976. William K. Chung. 3-31.
REGIONAL
Migration
Work-Force Migration Patterns, 1970-76. Vernon Renshaw, Howard
Friedenberg, Bruce Levine. 2-17.
Personal income
Revised County and Metropolitan Area Personal Income. Regional
Economic Measurement Division. 6-Part 1-39.
Revised Quarterly State Personal Income, 1969-77. 6-Part 1-15.
Regional Patterns of Change in Nonfarm Income in Recession and
Expansion. Robert B. Bretzfelder. 1-19.
State Personal Income. 4-19.
Errata
National income and product errata for July 1977. 1-44.
U. S. GOVERNMENT PRINTING OFFICE : 1978 O - 266-014
CURRENT BUSINESS STATISTICS
A HE STATISTICS here update series published in the 1975 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
That volume (available from the Superintendent of Documents for $6.80) provides a description of each series, references
to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1971 through 1974 (1964-74 for major quarterly
series), annually, 1947-74; for selected series, monthly or quarterly, 1947-74 (where available). Series added or significantly revised after the 1975
BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively. Unless otherwise noted, revised monthly data
for periods not shown herein corresponding to revised annual data are available upon request.
The sources of the data are given in the 1975 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and
are also listed alphabetically on pages 187-88. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data
from private sources are provided through the courtesy of the compilers, and are subject to their copyrights.
OF CURRENT BUSINESS.
1975
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
1975
I
II
1976
III
IV
I
II
1978
1977
III
IV
I
II
III
IV
I'
Annual total
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT!
Gross national product, totalf
bil.$_- 1,528.8
Personal consumption expenditures, total..do
980.4
1,706.5 1,889.6 1,453.0 1,496.6 1,564.9 1,600.7 1,651.2 1,691.9 1,727.3 1,755.4 1,810.8 1,869.9
1,094. 0 1,211. 2
1,915.9 1,961.8 ,995.3
936.5
965.9
995.1 1,024.1 1,056.0 1,078.5 1,102.2 1,139.0 1,172.4 1,194.0 1,218.9 1,259.5 , 282.4
Durable goods, total 9 - do
Motor vehicles and parts
do
Furniture and household equipment...do
Nondurable goods, total 9
do
Clothing and shoes
do
Food....do
Gasoline and oil..
...do
132.9
53.9
58.0
158.9
71.9
63.9
179.8
83.8
70.5
122.8
48.0
54.8
127.8
49.9
57.4
136.7
56.5
58.7
144.3
61.3
61.0
153.3
68.8
62.0
156.7
71.0
63.0
159.3
72.1
63.9
166.3
75.7
66.5
177.0
85.3
67.4
178.6
84.5
69.3
177.6
81.2
70.9
186.0
84.2
74.3
183.5
85.0
71.6
409.3
70.2
209.5
39.1
442.7
76.3
225.5
41.4
480.7
8?,0
246.2
44.7
394.0
66.6
202.6
38.2
406.4
69.8
207.9
39.7
415.0
71.5
212.1
39.1
421.9
73.0
215.4
39.8
430.4
74.2
219.3
40.6
437.1
74.3
223.9
40.3
444.7
76.9
227.0
41.2
458.8
79.9
232.0
43.5
466.6
79.3
237.9
44.1
474.4
80.4
244.8
44.3
481.8
83.3
248.3
44.2
499.9
89.0
254.0
46.3
504.3
85.5
259.4
47.2
Services, total 9
Household operation
Housing
Transport ation
438.2
64.2
150.8
32.2
492.3
73.0
167.9
36.8
550.7
82.9
184.4
41.6
419.7
61.4
145.1
31.6
431.7
63.7
148.5
31.6
443.4
65.3
152.4
32.2
457.9
66.3
157.2
33.2
472.4
69.5
161.5
34.8
484.6
70.4
166.2
36.3
498.2
73.1
170.4
37.fi
513.9
78.8
173.7
38.7
528.8
80.7
177.6
39.5
541.1
79.2
181.9
40.5
559.5
85.2
186.7
42.3
573.7
86.6
191.4
43.8
594.6
92.9
196.4
45.9
...do
do
do
...do
189.1
243.3
294.2
175.1
171.2
205.4
204.7
231.3
244.4
254.3
243.4
271.8
294.9
303.6
306.7
320.0
do
do
do
_do
200.6
149.1
52.9
96.3
230.0
161.9
55.8
106.1
276.1
185.1
61.5
123.6
197.1
149.8
53.3
96.5
196.3
147.7
51.9
95.7
200.5
148.2
52.8
95.4
2C8.4
150.7
53.4
97.4
216.8
155.4
54.7
100.8
226.1
159.8
55.8
104.0
232.8
164.9
56.0
109.0
244.3
167.6
57.0
110.6
258.0
177.0
57.9
119.2
273.2
182.4
61.0
121.4
280.0
187.5
62.6
124.9
293.2
193.5
64.5
129.0
299,0
198.8
66.2
132.6
do
do
do
51.5
-11.5
-15.1
68.0
13.3
14.9
91.0
18.2
17.1
47.3
-22.0
-25.9
48.6
-25.1
-26.9
52.3
4.9
1.4
57.6
-3.6
-9.2
61.4
14.5
15.9
66.3
18.3
20.4
67.8
21.5
22.0
76.7
-.9
1.4
81.0
13.8
14.1
90.8
21.7
22.4
92.5
23.6
23.1
99.7
13.5
9.0
100.1
21.1
20.3
...do
do
do
20.4
147.3
126.9
7.8
162.9
155.1
-10.9
174.7
185.6
15.4
147.4
131.9
24.3
142.7
118.3
20.8
146.9
126.1
20.8
152.1
131.3
10.2
153.9
143.7
10.2
160.6
150.4
7.9
168.4
160.6
3.0
168.5
165.6
-8.2
170.4
178.6
-9.7
178.1
187.7
-7.5
179.9
187.4
-18.2
170.6
188.8
-23.7
180.5
204.2
Govt. purchases of gocds and services, total .do
Federal
...do
National defense
do
State and local
do
338.9
123.3
83.9
215.6
361.4
130.1
86.8
231.2
295.0
145.4
94.3
249.6
326.0
119.6
81.6
206.4
335.2
121.8
83.0
213.3
343. 5
123.8
84.4
219.7
351.0
128.1
86.7
222.9
353.6
127.6
86.3
225.9
358.9
128.5
86.0
230.4
363.0
130.2
86.4
232.7
370.0
134.2
88.4
235.8
374.9
136.3
89.7
238.5
390.6
143.6
93.4
247.0
400.9
148.1
95.6
252.9
413.8
153.8
98.5
260.0
416,6
152.7
99.5
263.8
Gross private domestic investment, total...do
Fixed investment
Nonresidential
Structures
--Producers' durable equipment
residential. _
Change in business inventories
Nonfarm
Net exports of goods and services.-.
Exports
Imports
By rrajor type of product:f
Final pales, total
Goods, total
Durable goods. __
Nondurable gocds.
Services
Structures
Change in business inventories
Durable gocds
Nondurable goods
do
do
do
do
do
do
1,540.3
697.7
267.5
430.2
699.2
143.5
do
do
do
-11.5
-9.2
-2.2
1,€93.1 1,871.4 1,475.0 1,521.7 1,506.6 1,604.4 1,636.7 1,673.7 1,705.8 1,756.3 1,797.0 1,848.2 1,892.2 1, 948. 2 1,974.3
844.4
849.6
819.9
7E0.9
665.8
692.9
725.2
743.4
706.6
730.0
775.6
792.1 805.4
754.5
816.6
334.1
340.9
332.1
299.3
250.6
263.8
283.1
294.9
312.0
326.6
272.5
287.6
329.5
302.7
332.2
508.1 510.2
487.8
451.6
448.5
463.6
465.6
429.1
442.1
475.9
434.2
442.4
451.8
484.3 415.2
898.8
930.0
881.6
782.0
770.8
813.8
833.7
855.3
670.5
689.5
728.3
7C8.4
751.6
791.8
867.4
200.4
199.9
190.7
160.2
159.4
166.9
171.2
187.5
138.8
139.3
150.8
145.0
155.0
159.6
187.5
21.1
13.5
23.6
13.3
21.7
14.5
18.3
21.5
4.9
-3.6
-.9
13.8
18.2 -22.0 -25.1
15.5
6.8
10.3
4.1
11.5
-2.0
7.0
10.7
7.8
- 2 . 1 -10.3
.6
9.1 - 1 2 . 8 -11.7
5.6
6.8
13.4
9.3
6.0
10.2
- 9 . 2 -13.4
16.6
11.2
10.9
7.0
6.7
-1.6
9.1
GNP in constant (1972) dollarst
Gross national product, totalf
bil.$_. 1,202.1
Personal consumption expenditures, total..do
Durable goods.
Nondurable goods
do
do
Services
do
Gross private domestic investment, total...do
Fixed investment
.do
Nonresidential...
do
Residential
do
Change in business inventories..
do
Net exports of goods and services..
.do
Govt. purchases of goods and services, totaLdo
Federal
do
State and local
do
1,274.7
1,337.3 1,169.8 1,188.2 1,220.7 1,229.8 1,256.0 1,271.5 1,283.7 1,287.4 1,311.0 1,330.7 1,347.4 1,360. 2 1,360.3
877.9
879.8
807.2
770.4
780.2
815.5 822.7
756.9
792.8
860.4
861.2
839.8 850.4 854.1
775.1
821.3
112.7
307.6
354.8
127.5
321.6
372.2
138.2
333.7
389.2
106.2
301.8
349.0
109.0
3C8.4
353.0
115.4
3C8.6
356.2
120.2
311.5
361.2
141.6
173.0
195.5
133.0
130.9
153.1
149.2
151.5
112.7
38.8
-9.9
164.5
116.8
47.7
8.5
183.7
126.8
56.9
11.8
152.9
116.6
36.3
-20.0
148.9
112.0
36.9
-18.0
150.2
111.0
39.3
2.9
153.8
111.3
42.6
-4.6
126.7
319.3
369.6
127.1
321.5
374.0
130.7
329.7
379.7
136.9
329.7
383.8
168.1
175.2
179.4
169.2
158.4
113.7
44.8
9.7
163.1
115.9
47.1
12.1
165.6
118.5
47.1
13.8
171.0
119.0
52.0
-1.8
125.4
316.1
365.6
141.6
342.7
395.5
137.4
337.9
402.6
200.8
197.5
204.2
185.1
12V. 6
57.5
15.7
188.7
128.9
59.9
8.7
189.4
130.2
59.3
14.7
137.9
330.0
386.3
136.5
332.4
391.4
186.7
197.2
177.0
124.3
52.7
9.7
184.0
126.4
57.6
13.2
22.5
16.0
9.5
20.5
24.5
22.7
22.3
16.8
16.4
17.0
13.8
10.6
9.4
12.2
6.9
4.0
263.0
96.7
166.3
264.4
96.5
167.9
271.1
101.4
169.7
259.4
96.0
163.4
262.3
96.5
165.8
264.8
96.9
167.8
265.4
97.4
168.0
263.9
96.4
167.5
264.5
96.1
168.4
264.6
96.7
168.0
264.6
97.1
167.5
263.3
97.0
166.4
270.0
101.1
168.9
274.0
103.3
170.7
277.0
104.2
172.8
274.3
101.7
172.6
r
Revised.
v Preliminary.
fRevised series. Estimates of national income and product
and personal income have been revised back to 1973 (see p. 16ff.of the July 1977 SURVEY);
revisions prior to May 1976 for personal income appear on p. 28 of the July 1977 SURVEY,
9 Includes data for items not shown separately.
S-l
6-014 (Pt. 1) O - 78 - SI
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1975
1976
1977
1977
1976
1975
III
Annual total
June 1978
IV
I
II
III
IV
I
1978
II
III
IV
lr
III
II
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCTf—Con.
Quarterly Data Seasonally Adjusted
Implicit price deflators:!
Gro^s national Drodiict
Index 1Q79—100
Personal consnmDtion exDenditures
do
Durable cfoods
do
Nondurable goods
do
Services
do
Gross private domestic investment:
Fixed investment
do
Nonresidential
do
Residential
do
Govt. purchases of goods and services
Federal
State and local
do
do
do
127 18
126 5
117 9
133.1
123.5
133 88 141 29 128 28
133 2 140 6 127.5
118.4
124 7 130 1
144 0 134.5
137.7
124.5
141.5
132.3
130 17
129.2
120.1
135.5
126.8
131.47
130.8
122.2
136. 2
129.2
133. 06
132.3
123.8
136.9
131.1
134.56
134.0
125.3
138.3
133.2
136.35
135.6
127.2
139.3
135.4
138.13
137.9
129.3
141.5
137.8
140.52
139.8
129.5
143.8
140.1
142.19
141.7
130.0
144.9
142.9
144.23
143.2
131.3
145.9
145.0
146.68
146.1
133.6
149.2
147.7
132.4
132 3
132.8
139.8
138 7
142.5
150.3
146 0
160.3
133.5
133.6
133.2
135. 5
135.5
135.4
136.9
136.8
137.1
138.6
137.8
140.7
140.6
139.2
144.1
142.9
140.9
147.5
145.8
142.5
153.7
148.5
144.4
157.6
151.3
146.9
160.9
155.3
150.1
164.0
157.8
152.8
168.9
128.9
127.5
129 7
136.7
134.8
137 7
145.7
143. 4
147 1
129.7
127.7
130.9
132. 3
131.5
132.7
134.0
132.4
134.9
135.7
133.7
136.8
137.2
134.7
138.6
139.8
138.2
140.7
142.3
140.6
143.4
144.6
142.0
146.2
146.3
143.3
148.1
149.4
147.6
150.5
151.9
150.2
152.9
Quarterly Data Seasonally Adjusted at Annual Bates
National income, totalf
bil $
Compensation of employees, total..
"VVaces and salaries total
Govt and govt enterprises
Other
SiiDDlements to wasres and salaries
...do
do
do
do
do
Proprietors' income with inventory valuation
and capital consumption adjustments,
total
hil $
Farm
do
Nonfarm
do
Rental income of persons with capital consumption adiustment
bil $
Corp. profits with inventory valuation and capital consumption adjustments, total
bil. $__
Corp. profits with invent, val. adj.:
Domestic total
do
Financial
do
Nonfinancial total 9
do
Manufacturing, total 9
do
Durable goods
do
Transportation, communication, and
electric, gas, and sanitary serv.. bil. $.
Rest of the world
do
Profits before tax total
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adiustment
Capital consumption adjustment
Net interest
1,217.0
1,364.1 1,520 5
930.3 1,036.3 1,156.3
805 7
891 8 990 0
175 4
187 2 199 9
630 3
704 7 790 1
124.6
144.5
166.3
1,244.9 1,275.7 1,321.0 1,353.9 1,379.6
936.7
810 5
176.9
633.5
126.3
965.6
834.9
181.2
653.8
130.7
1,402.1 1,450. 2 1,505.7 1,540.5 1,585.7 1, 609.9
999.6 1,024.9 1,046.5 1,074.2 1,109.9 1,144.7 1,167.4 1,203.3 1, 243.8
998.9 1,029.1 1 058 7
923.2
882 4 900.2
951 3 980.9
861.5
200.6 206.9
188.2
197.2
192.5
182.7
185.4
209. 9
194.8
798.3 822.2
783.6
730.7
697.0 712.0
756. 4
678.8
848.8
168.5
174.3
146.3
163.8
150.9
142.5
158.6
185.1
138.1
86 0
23.2
62 8
88 0
18.6
69 4
98 2
19.7
78 5
90 4
26.2
64.2
90 4
25.5
64.9
86 9
20.0
66.9
90 4
21.6
68.8
86.2
16.2
70.0
88.7
16.6
72.0
95 1
20.7
74.3
97.0
19.7
77.3
95.5
15.5
80.0
105.0
22.7
82.4
103 3
20.2
83 1
22.3
23.3
25.3
22.2
22.6
23.0
22.9
23.3
24.1
24.5
24.9
25.5
26.4
26.9
99.3
128.1
139.9
115.6
114.7
126.5
129.2
133.5
123.1
125.4
140.2
149.0
144.8
126.5
105 4
15 0
90 3
47.9
18.5
134 6
18 2
116 4
66 3
29 9
147 8
20 7
127 2
75 4
37 5
122.6
14.7
107.9
59.6
25.9
123.2
16.1
107.1
59.1
23.8
132.4
17.8
114. 6
65.3
27.2
136.1
18.1
118.0
68.7
32.5
139.8
18.4
121.3
68.4
31.0
130.2
18.4
111.8
62.9
29.0
131 0
19.2
111.8
65.2
31.5
145.5
19.9
125.5
76.4
39.4
157.4
21.2
136.1
77.6
37.5
157.5
22.3
135.2
82.2
41.8
138. 9
23.1
115.8
70.2
34.4
9.3
6.1
11.5
81
12.9
9.3
11.1
6.3
12.1
6.0
11.1
8.6
12.1
7.6
12.2
8.4
10.4
7.7
11.6
10.1
11.5
10.7
14.1
9.6
14.6
8.2
do
do
do
do
do
123 5
50.2
73.4
32.4
41.0
156 9
64*7
92 1
35 8
56.4
171 7
69 2
102 5
41.2
61.4
137.7
56.3
81.4
32.9
48.5
141 0
57.9
83.1
32.5
50.6
153.5
63.1
90.4
33.6
56.8
159.2
66.1
93.1
35.0
58.1
159.9
65.9
94.0
36.0
58.0
154.8
63.9
90.9
38.4
52.5
161 7
64 4
97.2
38.5
58.8
174.0
69.7
104.3
40.3
64.1
172.8
69.3
103.6
42.3
61.2
14.5
6.7
178.3
73.3
105.0
43.6
61.4
171.9
69.5
102.4
43.8
58.5
do
do
do
-12.0
-12.2
79.1
— 14 1 —14.6
-14.7 -17.2
88 4 100 9
-8.8
-13.3
79.9
-11.8
-14.5
82.3
-12.4
-14.6
85.0
-15.5
-14.6
86.5
-11.7
-14.7
90.1
-16.9
-14.8
92.0
-20. 6
15.5
95 3
-17.8
15.8
98.9
-5.9
-17.6
103.1
-14.1
-19.4
106.1
—24.8
-20.6
109 4
DISPOSITION OF PERSONAL INCOMEf
Personal income, total
Less: Personal tax and nontax payments
Equals: Disposable personal income
Less: Personal outlays©
Equals: Personal saving§
bil $
do
do
do
do
1,253.4 1 382 7 1,536 7 1,269.7 1,304 0 1,338.1 1,366.7 1,393.9 1,432.2 1,476.8 1,517.2 1,549.8 1,603.0 1, 638.8
173.9
209.5
234.7
169.0
192.6 200.6
224 4
179 9 184.8
224.8 226.1
236 6
196 9 227 5
1,084.4 1,185.8 1,309.2 1,095.7 1,124.1 1,153. 3 1,174.1 1,193. 3 1, 222. 6 1,252.4 1,292.5 1,323.8 1,368.3 1,402.1
1 004 2 1 119 9 1 241 9 1,019.1 1 048 6 1, 080. 9 1,103. 8 1,128.5 1,166. 3 1 201 0 1,223.9 1,250.5 1,292.2 1 316 5
56.3
76.1
80.2
72.4
73.3
76.7
64.8
75.5
70.3
68.5
51.4
67.3
65 9
85 7
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted Quarterly or annual totals:
All industries
.
Manufacturing
Durable goods industries^.
Nondurable gcods industries!.
Nonmanufacturing
Mining
Railroad..
Air transportation
Other transportation..
Public utilities
Electric...
_
Gas and other
Communication
Commercial and other
.
Seas. adj. qtrly. totals at annual rates:
All industries..
Manufacturing
Durable goods industriesif
Nondurable goods industriesif
Nonmanufacturing
Mining
Railroad
..
Air transportation
Other transportation
Public utilities. . . .
Electric
Gas and other
Communication
Commercial and other
bil. $
do
do
do
112.78
47.95
21.84
26.11
120 49
52.48
23.68
28.81
135.80
60.16
27.77
32.39
27.79
11.67
5.16
6.51
30.74
13.30
5.99
7.30
25.87
10.96
4.78
6.18
29.70
12.66
5.61
7.05
30.41
13.48
6.02
7.46
34.52
15.38
7.27
8.12
29.20
12.52
5.80
6.72
33.73
14.84
6.79
8.06
34.82
15.60
7.17
8.43
38.06
17.19
8.00
9.18
32 35
13 67
6.36
7.31
17.04
16.93
1.04
19.14
1.05
16. 68
1.02
18.88
1.16
19.21
1.17
20.87
1.15
.64
.26
.70
.35
.59
.33
.67
.43
18.68
1 07
.78
.39
do
do
do
do
do
64.82
3.79
2.55
1.84
3.18
68.01
4 00
2.52
1 30
3.63
75.64
4.50
2.80
1 62
2.51
16.12
17.44
14.91
.94
.62
.50
.97
.62
.43
.92
.49
.26
do
do
do
do
do
20.14
17 00
3.14
12 74
20.60
22.28
18 80
3 47
13 30
20.99
25.80
21 59
4 41
15 45
22.97
5.07
4.16
.76
.46
.93
.72
1.02
.95
.94
.61
.76
.50
.63
5.70
4.85
4.79
4.18
5.50
4.74
5.52
4.54
5.55
4.78
3.33
5.19
6.46
5.34
1.12
3.84
5.78
3.30
5.27
6.37
5.34
1.03
3 86
5.64
6.61
5.41
1.20
4 03
5.73
.85
.91
.85
.62
.76
.98
.77
.71
52
37. 43
16.37
7.54
8.83
1
38.28
17.31
7.90
9.41
21.06
1.25
20.97
1.21
.89
.67
.82
.50
.51
.68
.59
7.28
6.06
1.21
4.26
6.33
6.15
5 27
7.09
5.97
1.12
7.32
6.14
1.18
?8
3 14
5.00
3 26
5.52
2.92
4.82
112.16
47.39
21.01
26.38
111.80
46.82
21.07
25.75
114.72
49.21
21.63
27.58
118.12
50.64
22.54
28.09
122.55
54.78
24.59
30.20
125.22
54.44
25.50
28.93
130.16
56.43
26.30
30.13
134.24
59.46
27.26
32.19
140. 38
63.02
29.23
33.79
138.11
61.41
28.19
33.22
144.25
61.41
28.72
32.86
148.88
65.67
30.42
35.25
153.83
69.44
31.99
37.45
do
do
do
do . .
do
64.76
3.82
2 75
2.12
2.99
64.98
3.82
2 39
1.65
3.56
65.51
3.83
2 08
1.18
3.29
67.48
3.83
2 64
1.44
4.16
67.76
4.21
2.69
1.12
3.44
70.78
4.13
2.63
1.41
3.49
73.74
4.24
2.71
1.62
2.96
74.78
4.49
2 57
1.43
2.96
77.36
4.74
3 20
1.69
1.96
76.70
4.50
2.80
1.76
2.32
82.68
A 45
3 35
2.67
2.44
83.21
4.95
3 28
2.30
2.55
84.39
4.84
3.27
2.02
2.36
do
do
do
do
do
19.79
16 58
3.21
12.95
20.34
20.91
17 92
3 00
12 22
20.44
21.91
18.56
3 36
12.54
20.68
21.85
18 82
3 03
12 62
20.94
21.67
18.22
3.45
13.64
20.99
23.46
19.49
3.96
14.30
21.36
25.35
21 19
4 16
14.19
22.67
25.29
21 14
4 16
15 32
22.73
26.22
21 90
4 32
16 40
23.14
26.23
22.05
4.18
15.82
23.27
29.26
27 92 28.27
23 15 23 70 25 04
4.22
4 78
4 58
17 07
2
42.
63
'Ml.
86
24.76
do
do
do
do
*• Revved.
v Preliminary.
i Estimates (corrected for systematic biases) for Apr.Jime 19/8 and Jul.-Sept. 1978 based on expected capital expenditures of business.
Expected
2
expenditures for the year 1978 appear on p. 32 of the June 1978 SURVEY.
Includes communication.
fSee corresponding note on p . S-l.
9Includes data for items not shown
separately.
©Personal outlays comprise personal consumption expenditures, interest paid
.99
.68
.42
1
3 21
5.21
3 97
5.76 '210. 48
2
10. 54
by consumers to business, and personal transfer payments to foreignerss((net).
§Personal saving is excess of disposable income over personal outlays.
lIData for individual durable and nondurable goods industries components appear in the
Mar., June, Sept., and Dec. issues of the SURVEY.
SURVEY OF CURRENT BUSINESS
June 1978
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1975 r
1977 v
1976'
Annual total
S-3
1975-
II
I
1976-
III
IV
I
1977 r
II
III
42,449 44,160 44, 291 44,751
28,380 29, 602 29, 711 29,477
46,285
30, 638
47, 135
31, 013
1,912
7,796
5,566
1,702
8,088
5,857
1, 918
8, 220
5, 984
II
III
I
1978 v
IV
IV
I
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
U.S. INTERNATIONAL TRANSACTIONS
Quarterly Data Are Seasonally Adjusted
(Credits + ; debits - )
Exports of goods and services (excl. transfers under
military grants)
mil. $..
Merchandise, adjusted, excl. military
do
Transfers under U.S. military agency sales contracts
mil. $..
Receipts of income on U.S. assets abroad.-.do
Other services
do
155,656
107,088
3,919
25,359
19, 290
Imports of goods and services
.do
-132,595
-98,041
Merchandise, adjusted, excl. military
do
-4,795
Direct defense expenditures
do
P a y m e n t s of income on foreign assets in the
U.S
mil. $.. -12,564
-17,194
0 t h e r services
do
(excl. military grants), net
mil. $..
U.S. Government grants (excl. m i l i t a r y ) . . . d o
Other
do....
171,274 183,214
114,694 120,585
5,213
29,244
22,124
7,079
32,100
23,452
37,417 3$,744
25,851 26,562
957
924
874
6,112
6,003 6,360
4,681
4,689 4,865
38,735
27,018
40,760 40,375
27, 657 27,001
1,164
1,095
6,884
7,027
5,055
5,252
1,189
7,369
5,511
1,472
7,428
5,685
AQ 7OA
A.7 719
-161,913 -193,72' -34, 375 -31,025 -33,066 -34,131 -37,644 -39,268 -41, 933 -43,068
-53,837
-124,047-151,644 -25,561 -22,566 -24,483 -25,431 -28,352 -29, 963 -32,418 -33,314 -36,495 - 3 7 , 2 5 9 - 3 8 , 2 6 3 -39,627 -41,865
-4,901 -5,745 -1,317 -1,185 -1,096 -1,198 -1,159 -1,219 -1, 235 -1, 288 -1,344 -1,407 - 1 , 4 5 1 - 1 , 5 4 2 - 1 , 548
-13,311 -14,593 -3,237 -3,143 -3,212 -2,973 -3,405 -3,332 -3,293 -3,281 -3,197 -3,601 -3,610 -4,185 - 4 , 665
-19,655 -21, 746 -4,260 -4,131 -4,275 -4,529 - 4 , 728 - 4 , 754 - 4 , 987 -5,185 -5, 337 -5,445 -5, 401 -5,563 - 5 , 758
Unilateral transfers
Foreign assets in the U.S., net
Foreign official, net
Other foreign, net
Direct investment in the U.S
Allocations of special drawing
rights
-5,022 - 4 , 708 -1,193
-3,145 - 2 , 776
-753
-1, 878 - 1 , 932
-440
15,550
6,907
8,643
2,603
do
do
do
do
Statistical discrepancy
-4,615
-2,894
-1,721
-39,444 -50,608
-2,530
-3,470 -4,213
-35, 368 -43,865
-14,244 -11,614
U.S. assets abroad, net
do
U.S. official reserve, net
do
TT.S. Gov't, other than official reserve, net_._do
U.S. private, net
do
Direct investment abroad
do
1,457
7,420
5,703
45,046 48,137
29, 457 30, 664
1,547
1,855
7,997 9,432
6,045
6,186
-1,112
-719
-393
-1,070 -1,241
-805
-617
-436
-453
-1,028
-546
-482
-1,040
-592
-448
-34,650 -10,571 -9,584 -5,108 -14,179 -12,365 -11, 740
-342
—773 -1,578
-231
-325
-29
-977
-762
-932
-3, 679
-874
-745
-873
-30, 740 -9,372 -8,682 -4,021 -13,291 -10,830 -9,230
-12,215 -4,022 -3, 990 -1,495 -4,736 -3, 923 -2,047
36, 969 50,869
18,073 37,124
18, 897 13, 746
4,347 3,338
2,599
3,430
-831
278
-1,908
-1, 440
-468
-407
-1,340
-8, 522
-3,081
2,851
3,326
1,369
7,590
3,819
3,771
1,472
7,914
4,017
3,897
1,086
8,932
3,070
5,862
999
303 -2,274
2,614
3,073
1,685
1,018
2,079
5,678
5,225
5,608
2,226
6,629
6,193
4,001
2 274
1,727
870
2,774
-1,648
4,422
6,177
-1,047 -1,126 -1,243 -1,277
-567
-763
-636
-787
-480
-490
-480
-490
-16,235 -1,334 -12,003 -6, 615
6
151
-388
228
-795 -1,098
-949
-1,180
-15,283
3 -11,214 -5,668
-2,563 -2,177 -3,729 -3,113
12,534 2,490
7,166
5,451
5,367 -2,962
790
14,064
7,884
6,180
996
14,251
8,246
6,005
1,012
-1,064
-591
-473
-1,254
-752
-502
- 1 4 , 700 -14,286
246
-900
-13,862 -13,632
-3,197 - 4 , 413
20,065 17,816
15, 543 15, 691
4,522 2,125
679
450
do
5,449
do
9,300
-998
3,525
1,593
-2,816 -3, 603
2,227 1,223
743
1,759
319
176
-7,018
-1,623
-2,113
-2, 749
609 -4,76
1,569
3,423
-10,170
-5,870
-6,343
- 6 , 934
-11,201
- 5 , 700
- 6 , 202
-6,954
Memoranda:
Balance
Balance
Balance
Balance
on
on
on
on
9,047 j —9,353 -31,059
23,060 9361
9,361 -10,514
21,339
7,483 -12,545
18,445
4,339 -15,221
merchandise trade
do
goods and services
do
goods, services, and remittances..do
current account
do
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1,457
4,360
3,920
3,167
3,285
6,392
5, 99G
5,280
1977
Annual
5,388
-1,351 - 1 , 583
3,181
2,731
2,733
2,249
2,141
1,703
-6,621
-1,427
-1,907
-2,670
1978
1977
Apr.
May
June
July
Aug.
-7, 250
-1,591
-2,081
-2, 868
Sept.
Oct.
Nov. Dec
Jan.
Feb.
Mar.
Apr. May
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME BY SOURCEf
Seasonally adjusted, at annual rates:f
Total personal income
bil. $ . .
1,382.7
Wage and salary disbursements, total
do
Commodity-producing industries, t o t a L d o . .
Manufacturing
do.."
Distributive industries
do_.~[
891.8
308. 5
238.2
217.1
990.0
340. 4
267. 3
242.8
974.1
341.7
202. 8
239.6
982.0
345.3
266.2
241.1
980.5. 992.9
349.1 350.6
208.7 269.8
240.9 242.8
Service industries
Govt. and govt. enterprises
Other labor income
Proprietors'income:A
Farm
Nonfarm
179.0
187.2
75.9
200.9
199.9
88.6
190.4
196.4
85.5
198.3
197.2
80.7
198.4
198.1
87.9
200.4
199.1
89.1
203.2
200.7
90.3
204.9
202.1
91.5
208.8
205.8
92.8
209.8
207.1
94.0
212.0
207.8
95.3
216.3
209. 2
96.5
216.4
210.0
97.7
18.6
69.4
19.7
20.9
70.9
19.8
77.2
18.4
77.0
16.5
79.2
15.1
80.2
14.9
80.8
17.4
81.5
21.1
82.3
29.4
83.2
23.0
81.9
19.0
83.0
26.0
20.4
45.2
42.9
157.8
155.4
213.9
213.1
03.2
02.9
1,500.3 1,578.2
26.8
43.7
168.5
215.4
67.0
1,,
do..
...do.
do.
._ do
d o . . I!
Rental income of persons, with capital consumption adjustment
bil. $
23.2
Dividends
do
35.8
Personal interest income
""~I~do~"~
130.3
Transfer payments
do""~
192.8
Less personal contributions for social insurance bill".$
55.2
Total nonfarm income
do.
1,351.3
FARM INCOME AND MARKETING*
Cash receipts from farming, including Government
payments, total!
.mil. $__
Farm marketings and CCC loans, total do
Crops
do"""
Livestock and products, total 9
do
Dairy products
"do
Meat animals
do
Poultry and eggs
IllldoIIII
Tndexes of cash receipts from marketings and CCC
loans, unadjusted:J
All commodities
1967=100
Crops
do
Livestock and products
I """do
Indexes of volume of farm marketings, unadjusted:!
Allcommodities
1967 = 100
Crops
_
do
Livestock and products
do
1,536.7 1,510.1 1,517.3 1,524.3 1,539.2 1,549.0 1,561.3 1,583.8 1,602.3 1,022.7
25.3
24.8
24.3
41.2
39.3
39.6
147.8
145.2
143.5
200. 9 200. 0 202.9
01.3
00.6
00.9
1,502.8 1,475.3 1,483.5
1,634.5 1,656.6 1,677.9 1, 693. 3
997.9 1,006.0 1,022.1 1,029.9 1,035.3 1,046.3 1,055.6 1,074.0
308.9 - 378. 7
301. 3
358.1
363.8
345.5 352.9
301. 2
287.7 '294.3
281.1
275.3
283.3
269.2 271.1
277.5
260.3 -264.9
254.1
249.4
251.8
257.1
244.5 246.0
24.7
25.7
26.0
25. 0
26.2
42.4
42.6
41.9
42.0
42.7
150.4 151. S 153.1
147.4 149.1
200.0 207.2 208.6 210.2
210.9
61.6
01.0
62.0
61.5
62.6
1,491.0 1,508.3 1,519.5 1,531.8 1,551.9
1,091.5 1,098.0
-388.1
391. 0
297. 9
-296.3
269.8
-269.0
- 220. 0 -223.2
210.4 -211.2
99.0 -100. 2
18.5
-84.3
- 19.1
-85.1
1
96,889
0,854
9,497
3,747
7,012
7,051
8,392
11,054
10,573
9,883
9,162
7,038
7,407
94,326
47,937
46,389
11,425
27,188
7,192
i 95,025
47,572
47,453
11,782
27,909
17,207
0,788
2,990
3,792
990
2,101
584
0,459
2,455
4,004
1,042
2,326
582
0,715
2,828
3,887
1,021
2,202
014
0,951
3,198
3,783
1,000
2,095
033
7,003
3,590
4,013
995
2,331
641
8,304
4,230
4,068
972
2,420
634
10,908
0,515
4,453
979
2,812
019
10,409
0,350
4,113
959
2,528
587
8,853
4,725
4,128
1,007
2,480
584
8,807
4,877
3,930
1,008
2,330
543
6,873
2,858
4, 015
944
2,492
538
7,256
2,402
4,854
1,064
3,098
652
7,100
2,400
4,700
190
195
187
181
100
197
188
184
191
196
208
180
213
234
197
233
270
200
307
424
219
293
414
202
248
308
203
233
280
197
96
107
100
112
112
121
106
124
138
113
131
153
115
170
243
129
169
238
120
139
172
110
133
172
100
101
98
103
100
86
111
96
75
111
220
260
190
121
134
111
222
258
195
124
138
113
99
8G
109
113
225.1
212.1
101.4
21.7
85.5
26.9
27.0
27.0 -26.9
43.8
45.1
44.4
44.0
160.2 -161.2 -163. 5 165.5
215. 5 -216.7 -216.4 218.3
07.4
69.3
68.2
69.1
1,000.0 1,622.5 1,643.1 1,655. 8
95,060
r
PPreliminar
1
%Tisef \
yReported annual total; revisions are not reflected in the
monthly data.
a Less than $500,000(±).
fSee corresponding note on p. S-l. A l n cludes inventory valuation and capital consumption adjustments.
JSeries revised begin-
1,625.2
ning 1973; revisions for periods prior to May 1976 are available from the U.S. Dept. of Agr.,
Economic Research Service.
9 Includes data for items not shown separately.
KKEINT B US1JN E S S
SL JKVE Y VI
S-4
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
1977
Apr.
Annual
June 197$
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.p
May i
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION d*
Federal Reserve Board Index of Quantity Output
Not Seasonally Adjusted
Total index—
1967=100.
129.8
137.1
136.2
137.2
141.5
134.1
138.2
142.4
142.7
139.5
134.9
134.8
139.6 ' 141. 6
143.5
144.1
do...
do
.do-..
do...
do...
do...
do...
.do...
129.3
127.2
136.2
141.4
1£4.1
114.6
137.2
130.6
137.1
134.9
143.4
153.1
139.6
123.2
145.1
136.9
135.0
133.1
141.8
155.6
136.3
121.1
142.5
137.7
135.9
133.5
142.0
156.8
136.1
121.9
144.7
139.2
141.5
139.4
149.2
164.2
143.3
126.0
149.2
141.4
135.0
132.5
140.0
142.3
139.1
122.1
144.5
132.6
139.5
136.4
145.9
140.0
148.2
123.5
150.9
136.3
145.1
142.9
152.9
158.8
150.5
129.2
153.2
138.0
144.3
142.0
152.4
168.1
146.2
127.7
152.7
140.5
139.5
136.9
144.4
157.6
139.1
126.6
149.0
139.4
133.8
131.1
135.8
144.4
132.4
124.6
144.1
136.5
133.5
131.0
136.7
142.7
134.3
123.1
142.5
137.0
139.0
136.6
143.4
155.7
138.5
127.1
148.0
140.6
141.1
138.6
145.3
162.4
138.5
129.2
150.8
142.2
142.6
139.8
147.3
169.5
138.5
129.5
153.1
145.2
142.5
139.2
146.3
164.8
138.9
129.4
154.8
146.3
do...
131.6
136.2
132.4
132.6
136.9
140.6
138.8
137.3
134.1
132.9
135.0
142.0
' 136.8
138.5
137.3
133.9
142.8
127.8
139.6
148.7
133.2
142.1
150.6
136.3
144.1
152.0
138.9
144.8
152.9
139.0
139.2
B y market groupings:
Products, total
Final products
Consumer goods
Durable consumer goods
Nondurable consumer goods
Equipment
Intermediate products.
Materials
B y industry groupings:
Mining and utilities
129.5
140.9
121.7
137.1
148.1
129.5
136.5
146.3
129.7
137.8
147.8
130.8
141.9
152.8
134.3
133.2
144.1
125.6
138.2
154.1
127.2
142.8
156.2
133.7
144.1
155.8
136.0
140.3
151.0
132.9
134.8
143.0
129.2
129.8
137.1
136.1
137.0
137.8
138.7
138.1
138.5
138.9
139.3
139.7
138.8
'140.9
142.9
143.7
129.3
127.2
136.2
137.1
134.9
143.4
135.8
134.1
142.9
136.5
134.7
143.1
137.3
135.4
143.8
138.7
136.8
145.4
138.4
136.3
144.7
138.8
136.8
144.9
138.9
136.5
144.9
139.5
137.0
145.2
140.3
137.6
145.8
138.5
139.6
141.5
134.9
136.4 ' 138.7
141.8 ' 143.8 ' 146.0
142.8
140.0
147.3
143.1
140.2
147.3
do_.
do..
do..
do..
do..
141.4
154.8
149.8
132.0
167.6
153.1
174.2
169.2
148.4
186.8
151.5
173.9
171.2
150.6
181.3
152.2
172.8
167.4
148.5
186.6
155.8
179.8
177.4
156.8
185.8
158.0
184.8
184.1
161.4
186.6
154.7
177.2
173.1
150.9
187.3
155.6
177.0
172.6
151.6
188.1
156.8
179.4
176.1
154.3
187.6
155.2
173.6
167.6
147.5
188.7
155.8
172.4
165.5
143.6
190.4
146.5
157.5
145.5
127.4
187.8
151.2 ' 157.6
162.8 ' 175.9
153.9
171.0
131.5
149.7
185.3 ' 188.5
161.8
184.1
183.0
159.1
187.2
160.3
178.3
174.0
151.4
189.0
Home goods
do..
Appliances, air cond., and TV.-.do-.
Carpeting and furniture..
...do—
133.9
114.6
144.1
141.3
127.3
152.2
138.8
126.4
145.0
140.6
131.0
147.3
142.3
133.1
151.2
142.9
130.1
154.1
142.1
129.6
154.8
143.6
129.4
159.0
144.2
128.6
160.5
145.0
131.4
160.0
146.6
132.8
161.5
140.3
116.1
159.1
144.6 ' 147.3
133.3 ' 135.5
159.3
160.2
149.2
142.1
158.2
150.2
142.8
Nondurable consumer goods
do..,
Clothing
.do..
Consumer staples
do..
Consumer foods and tobacco
do_.
Nonfood staples
do._
Eauipment
do..
Business equipment
...do..
Industrial equipment 9
do._
Building and mining equipment.do..
Manufacturing equipment
do..
134.1
124.0
136.9
130.7
144.1
139.6
125.2
143.6
135.5
152.9
139.4
124.4
143.6
126.1
152.5
139.5
125.5
143.4
135.0
153.2
139.1
125.7
142.9
135.4
151.7
140.3
124.1
144.8
137.1
153.8
140.6
126.4
144.6
137.9
152.4
140.7
128.3
144.1
137.1
152.4
140.1
128.0
143.5
135.2
153.4
141.2
126.4
145.3
136.7
155.1
141.8
126.9
145.9
137.9
155.2
139.9
140.8 ' 141.4
118.3
122.8
121.1
145.9
146.5
146.3
136.5 ' 138.3
138.8
156.6
155.5
155.8
141.6
142.3
146.4
139.1
155.1
"I46.~8~
125.6
152.1
141.4
204.5
117.6
125.0
152.6
141.8
205.7
118.5
125.8
153.5
142.6
206.7
118.7
126.2
154.0
143.0
208.3
118.2
125.4 ' 126.2
152.6
154.2
144.3
144. 6
214.9
211.1
117.7
118.8
129.0
157.4
146.9
221.7
118.3
130.1
159.0
148.1
225.1
119.2
130.6
159.9
149.1
226.2
120.0
• 165.5 169.4
200.9 ••202.0
115.9 ' 126.1
171.7
204.3
129.3
172.1
204.9
129.7
Manufacturing..
Nondurable manufactures
do...
do
Durable manufactures
do...
Seasonally Adjusted
Total index.
1967=100..
By market groupings:
Products, total
Final products
Consumer goods
Durable consumer goods
Automotive products
Autos and utility vehicles
Autos
Auto parts and allied goods
Commercial, transit, farm eq. 9
Commercial equipment
Transit equipment
Defense and space equipment
Intermediate products
Construction supplies.
Business supplies
Materials
Durable goods materials 9 . .
Durable consumer parts
Equipment parts
Nondurable goods materials 9
Textile, paper, and chemical
Energy materials
B y industry groupings:
Mining and utilities
Mining
Metal mining
Coal
Oil and gas extraction 9
Crude oil..
Natural gas
Stone and earth minerals...
-
do.
...do.
-_.do-
do..
do..
do..
114.6
136.3
128.0
177.7
1C6.5
123.2
149.2
138.5
202.5
113.9
122.1
147.1
136.3
200.5
112.0
123.2
148.9
138.4
205.3
112.8
124.1
150.1
140.0
208.1
115.0
124.8
151.2
140.7
210.6
114.3
124.9
151.1
140.4
203.9
115.3
145.8
173.5
104.1
161.6
191.6
117.8
159.5
189.7
115.2
161.2
191.1
116.5
161.9
191.4
118.5
163.3
191.7
121.5
163.4
193.0
121.9
164.4
193.7
125.1
165.1
195.4
122.3
165.9
197.4
118.9
166.9
198.8
121.1
162.2
198.5
111.1
79.9
80.0
80.3
80.4
80.8
80.9
78.9
79.3
79.5
79.7
81.5
81.5
151.9
148.4
155.4
152.6
148.8
156.5
153.5
149.5
138.8
138.7
135.7
149.2
155.3
159.3
118.7
139.2
140.0
138.6
138.2
138.7
137.0
133.0 ' 131.1 '133.4
148.7
146.6 ' 151.3
155.0
158.5
160.3
160.7 ' 162.8
165.4
122.2
117.7
118.0
143.1
141.9
136.9
153.1
161.5
166.6
123.2
144.6
143.5
137.9
155.0
162.3
167.1
125.1
135.5
118.8
84.8
140.6
133.9
113.4
104.3
74.6
137.4
115.0
121.4
54.8
138.8
120.2
127.6
'78.4
142.2
126.8
122.1
129.7
142.6
127.1
121.1
96.9
108.8
130.0
124.5
120.4
'95.7
'92.7
108.7
129.1 ' 128.2
126.8
98.4
126.8
'79.2
do
do.
do.
...do.
137.2
132.6
141.8
145.1
140.8
149.5
142.3
137.2
147.5
143.5
138.7
148.4
144.7
139.9
149.6
146.3
141.2
151.3
146.1
141.7
150.6
146.5
143.2
149.7
147.8
144.9
150.5
148.4
146.5
150.1
150.4
148.3
152.6
151.6 ' 151.4
149.2 ' 148.6
153.8
154.2
-do.
.do.
-do.
do.
do.
do.
do.
130.6
126.8
121.6
133.9
146.3
151.1
120.2
136.9
134.5
132.0
143.1
153.5
158.3
122.4
136.5
133.8
129.4
140.7
153.7
159.0
121.3
137.8
125.2
132.0
141.7
155.4
160.7
122.3
138.7
136.4
134.5
143.0
154.7
160.1
124.3
138.9
136.8
137.2
145.0
154.1
158.9
125.2
137.6
135.4
135.2
145.6
155.1
159. 6
121.4
137.9
135.7
135.8
146.8
153.9
159.0
123.5
138.9
137.1
135.4
147.6
154.4
160.0
124.0
139.0
137.2
136.5
147.2
155.4
159.3
123.0
do.
do.
-do.
do.
131.6
114.2
122.8
117.2
136.2
117.8
105.4
118.0
135.7
119.2
126.1
118.4
137.1
119.5
120.5
122.4
122.8
121.3
133.4
139.4
119.8
101.9
120.7
134.4
115.4
70.0
113.6
135.1
118.0
71.4
133.0
135.8
119.6
80.0
141.4
-do..
do.
do.
do.
78.4
155.7
137.7
114.4
119.9
56.5
'81.5
132.9
112.0
92.2
109.5
118.3
118.0
92.4
110.4
124.9
117.5
91.0
110.1
124.0
118.3
89.3
113.1
123.0
121.3
93.9
114.0
122.5
120.6
94.3
112.6
126.7
119.3
92.8
111.0
125.0
119.6
94.7
105. 4
126.7
119.4
94.4
108.5
128.1
117.8
92.9
107.1
127.2
118.4
93.4
109.6
126.5
154.0
170.4
156.7
175.4
156.8
176.8
161.4
183.9
155.7
175.4
154.1
173.7
154.0
173.6
154.2
173.3
156.7
175.9
162.3
183.6
• 163.5 ' 159. 6
179.1
184.3
159.2
159.9
1
139.4 ' 141.4
• 150. 6 151.5
140.8 ' 141.2
117.9
113.8
118.7
119.6
173.4
' 176.0
143.0
152.6
142.2
116.0
119.6
175.8
143.8
153.2
115.3
136.1
122.8
144.9
137.0
126.8
Utilities..
Electric
Manufacturing
_
Nondurable manufactures
Foods 9 . . .
M eat products
Dairy products. _
Beverages-
do.
do.
do.
do.
do.
do.
do.
.do.
151.0
167.6
156.5
175.5
129.5
140.9
132.3
111.2
113.8
156.7
137.1
148.1
137.9
114.0
117.4
167.6
135.8
147.0
138.0
114.4
116.8
169.8
137.1
148.5
138.3
111.3
116.6
172.7
137.8
148.4
136.9
114.5
115.5
166.2
138.5
148.6
138.3
111.
117.0
172.4
138.6
149.4
139.3
116.1
118.2
168.0
139.0
149.5
138.3
116.1
118.9
166.0
139.4
149.
137.3
112.0
118.9
168.1
139.9
150.1
139.4
114.8
119.9
168.4
140.5
150.9
140.4
111.6
119.2
167.6
138.7
149.8
139.3
109.2
119.0
174.5
Tobacco products
Textile mill products
Apparel products
Paper and products
do.
do.
do.
..do.
117.9
136.4
122.2
133.0
114.3
137.1
124.2
137.4
112.1
134.6
121.4
136.3
105.2
136.0
123.5
139.5
119.2
135.4
122.1
139.3
114.5
137.2
121.1
139.2
117.0
136.6
124.1
140.3
113.5
140.7
127.7
139.1
113.8
142.4
129.0
137.9
117.5
141.6
125.1
137.8
120.6
143.7
125.8
138.6
113.4
137.1
118.6
139.9
146.1
147.0
do.
do.
.do.
120.6
169.3
158.6
124.7
180.7
165.3
123.4
180.6
169.3
124.4
182.8
168.7
124.1
183.5
170.2
124.9
182.6
166.7
125.0
182.6
168.7
124.2
181.3
164.3
125.7
182.3
163.9
126.2
183.1
164.3
127.5
183.0
164.1
129.9
184.4
165.1
' 128.3 '129.1
• 183.7 '184.9
163.0 '166.5
128.5
186.0
171.0
129.0
140.0
141.0
142.4
143.4
133.1
Petroleum products
do...
235.2
232.2
232.4
226.0
Rubber and plestics products.
do...
200.2
74.1
76.2
75.3
74.7
Leather and products.
do...
f
Revised.
» Preliminary. * Estimated.
d" Monthly revisions back to 1967 will be
shown later; effective Sept. 1977 SURVEY, indexes revised to reflect more up-to-date information.
9 Includes data for items not shown separately.
140.4
235.2
74.1
139.9
237.4
74.5
141.9
239.5
74.0
141.4
236.3
77.0
140.5
238.5
78.1
139.3
240.1
77.3
139.7
238.7
74.5
139.0 '141.2
240.0 ' 242.7
70.9
73.0
141.8
247.0
71.9
142.9
Printing and publishing
Chemicals and products
Basic chemicals
117.7
136.4
121.1
' 143.9
r
NOTE FOR P. S-5:
O Revised back to Jan. 1975 to reflect corrections in reporting errors in the machinery industry, and corrections in classifications in the aircraft and machinery industries; revisions
prior to Apr. 1976 are availablefromthe Bur. of the Census. Wash., D.C. 20233.
SURVEY OF CURRENT BUSINESS
June 1978
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1978
1977
1977
Apr.
Annual
S-5
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr. p Mayi
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION?—Continued
Federal Reserve Board Index of Quantity
Output—Continued
Seasonally Adjusted—Continued
By industry groupings—Continued
Manufacturing—Continued
Durable manufactures
1967=100
Ordnance, pvt. and govt
_ __
do
Lumber and products. _
_ do—
Lumber
do
121.7
72.7
125.1
105.8
129.5
73.9
133.4
110.6
128.0
74.6
130.6
109 2
129.3
74.4
133.0
112.5
130.5
74.1
132.4
104.9
131.6
75.0
132.9
112.4
131.3
75.5
131.8
107.2
131.7
75.1
137.1
111.2
132.4
74.4
135.7
115.7
132.7
74.1
137.5
103.7
133.4
73.8
138.1
119.6
131.1 ' 131.5 ' 134. 4
72.3
71.2 '72.9
138.5
135.5 ' 136. 5
109.6 ' 108. 9 103.7
136.4
72.5
136.5
do
do
—do _
do
do
—do__
do
132.7
137.1
108.9
104.9
100.7
108.9
115.9
140.9
146.1
110.2
103.4
97.4
105.3
122.4
135.4
145.0
112.2
103.9
97.8
106.8
126.8
137.5
145.0
117.1
111.0
104.0
116.7
127.9
139.9
147.7
114.7
109.2
106.5
110.4
124.0
143.0
148.0
114.4
110.9
101.0
116.3
118.0
142.9
148.8
112.5
110.6
102.8
114.1
114.5
145.6
145.5
109.0
104.6
101.3
102.2
117.0
146.6
148.0
113.5
107.7
99.1
110.4
123.6
146.0
152.8
111.2
104.3
95.7
104.2
123.5
146.6
152.1
111.0
103.8
94.7
105.7
123.3
146.4 ' 150.1
152.2 ' 152. 6
107.4
106.2
99.5
96.3
91.4
89.7
104.9
98.0
121.7
124.0
' 149. 5
' 154. 2
' 106. 5
'96.7
'88.2
99.8
' 123. 9
149.0
155.6
113.0
106.9
97.4
116.9
125.0
Fabricated metal products
Nonelectrical machinerj'. .
Electrical machinery.. .__
do
do
do__
123.3
135.0
131.6
130.9
144.8
141.9
127.6
142.9
139.6
128.2
142.6
141.8
130.8
144.0
142.6
132.0
145.7
143.6
134.0
145.2
143.9
133.6
147.4
144.6
133.8
148.9
144.2
135.8
149.7
146.0
136.4
151.7
147.3
136.9 ' 136. 9 ' 138.1
150.1 ' 150. 1 151.5
144.0
146.4 ' 149.5
139.2
152.3
151.6
140.1
153.2
152.8
Transportation equipment
Motor vehicles and parts .
Aerospace and misc. trans, eq
do
do__
do
110.6
140.7
82.2
121.1
159.7
84.7
119.8
158.1
83.8
120.3
157.7
85.2
123.7
163.2
86.5
125.6
166.2
87.3
124.3
164.4
86.5
125.5
165.6
87.7
124.3
168.4
82.8
122.0
163.0
83.3
122.2
161.8
84.9
116.2
146.6
87.6
118.4 ' 126. 5
' 153.1 ' 165.1
85.8 ' 9 0 . 1
130.1
171.6
91.0
128.8
167.7
92.2
Instruments. .
do
148.2
159.1
157.8
157.4
158.2
159.0
158.3
160.3
162.2
163.1
164.7
163.4
' 167.9
168.6
169.0
Furniture and fixtures _
__
Clay, glass, and stone products. _
Primary metals
__
Iron and steel
Basic iron and steel
_
Steel mill products
Nonferrous metals
_
_
163.5
137.2
72.9
116.4
BUSINESS SALES §
Mfg. and trade sales (unadj.), total t© A . . .mil. $„ 2,409,117 2,685,520 223,618 224,618 232,955 213,803 226,776 230,455 234,033 232,197 241,801 209,726 '224,733 251,660 249,973
Mfg. and trade sales (seas, adj.), total t©A. .do ___ 22,409,117 22,685,520 221,048
2
Manufacturing, total t©
do
1,185,716 2l,335,072 109 521
Durable goods industries...
do
608,363 699,193 56,999
Nondurable goods industries.
_
do
577,353 635,879 52 522
Retail trade, total
Durable goods stores.,
Nondurable goods stores
Merchant wholesalers, total
Durable goods establishments
Nondurable goods establishments
do
do
do
do
do
do
221,510 222,563 221,874 224,247 224,907
109 641 111, 003 109,827 112,019 112,586
57,273 58,049 57,463 58,649 59,285
52 368 52,954 52,364 53,370 53,301
228,508 231,488 237,258 230,182 '238,427 242,840 250,746
2
58,552
19,505
39,047
59,020
19,984
39,036
114,091 114,342 117,938 114,322 119,131 121,273 124,667
60,316 60,228 62,130 59,973 63,077 64,457 66,508
53, 775 54,114 55,808 54,349 56,054 56,816 58,159
59,014 60, 778 61,588 62,054 59,875 r 61,661 62, 690 63,878
19,763 20,895 20, 733 20,915 19,802 ' 20,558 20,938 21,903
39,251 39, 883 40,855 41,139 40,073 r 41,103 41,752 41,975
2
53,495
23,620
29,875
53,208
24,390
28,818
53,307
24,150
29,157
642 507 2 708,344 58 142 58 003 57,825
210,530 238,815 19 833 19 516 19,436
431,977 469,529 38 309 38 487 38,389
580,894 2 642,104 53 385 53 866 53,735
246,732 285,605 22^941 23,275 23,419
334,102 356,498 30,444 30,591 30,316
53,639
24,937
28, 642
55,558
25,601
29,957
57,266
26,488
30,778
55,985 ' 57,635
25,568 r 26,976
30,417 30,659
58,877
27,466
31,411
62 102
29,133
32,969
BUSINESS INVENTORIES §
Mfg. and trade inventories, book value, end of year
or month (unadj.), total tA©
mil. $
308,601
333,821 322,002 322,686 322,516 321,762 322,953 327,165 332,444 337,922 333,821 337,433 341,939 349, 204 351, 569
Mfg. and trade inventories, book value, end of year
or month (seas, adj.), total tA©
mil. $— 309,238 334,785 320,273 322,250 324,051 324,990 327,639 330,345 330,832 333,186 334,785 337,676 340,396 345,839 349,687
Manufacturing, totalt©
Durable goods industries
.
Nondurable goods industries
Retail trade, totalA
Durable goods stores
Nondurable goods stores
Merchant wholesalers, totalA
Durable goods establishments
Nondurable goods establishments
do
do
do
do
do
do
do
do
_ _ do
169,886
108,968
60,918
78,045
36,417
41,628
179,714 174 015 175,716 176,468 177,297 178,082 179,011 179,301 179,840 179,714 180,977 182,393 183,860 185,418
115,424 111,133 112,071 112,536 113,160 113,917 114,40/ 114,448 115,212 115,424 116,278 117,511 118, 725 119, 778
64,290 62,882 63,645 63, 932 64,137 04,165 64,544 64,853 64,62S 64,290 64, 699 64,882 65,135 65,640
S7,073 80 957 81 696 82, 636 83,483 84,462 85,215 85,322 86,299 87,073 87,708 87,642 89,097 89,963
40,534 37, 615 37, 925 38,282 39,005 39,303 39, 559 39,589 40,087 40, 534 41,060 41,369 41,521 41,881
46,539 43,342 43,771 44,354 44,478 45,159 45, 656 45,733 46,212 46,539 46,648 ' 46,273 47,576 48,082
72,882
46,838
26,044
74,306
47,284
27, 022
1.43
1.42
1.40
1 53
1.86
.61
.77
48
1.52
1.84
.60
'.77
48
1 49
1.80
.58
.76
46
1.16
.45
.18
1.15
.45
.18
1.13
.44
.18
68,991 ' 70,361
44,686 ' 45,684
24,305 ' 24,677
61,307
38,177
23,130
67,998
44,368
23,630
65,301
39,809
25,492
64,838
40,224
24,614
64,947
40,876
24,071
64,210
41,404
22,806
65,095
42,396
22,699
66,119
42,896
23,223
66,209
43, 014
23,195
67,047
43,642
23,405
67,998
44,368
23,630
ratio—
1.48
1.44
1.45
1.45
1.46
1.46
1.46
1.47
1.45
1.44
1.41
1.47
do
do
do
do
do
1 66
2.07
.69
.85
.52
1.58
1.93
.65
.78
.49
1 59
1.95
.65
.80
49
1 60
1.96
.67
.79
50
1.59
1.94
.67
.77
.50
1.61
1.97
.67
.79
.51
1 59
1.94
.66
.78
.50
1.59
1.93
.66
.78
.49
1.57
1.90
.65
.76
.49
1.57
1.91
.64
.77
.50
1.52
1.86
.62
.75
.48
1.58
1.94
.64
.80
.51
do
do
do
do
1.23
.50
.19
1.19
.48
.19
1.20
.50
.19
1.22
.50
.19
1.21
.49
.19
1.22
.49
.19
1.21
.48
.19
1.21
.48
.19
1.19
.47
.19
1.15
.45
.18
1.19
.46
.19
.53
.53
52
.53
.53
.54
1.20
.48
.19
.53
.54
.54
.54
.52
.54
.52
.52
do
do
do
1.41
1.89
1 17
1.42
1.87
1.19
1 41
1.82
1 19
1.43
1.89
1.20
1.45
1.91
1.23
1.46
1.95
1.21
1 47
1.93
1 23
1.48
1.95
1.24
1.44
1.85
1.22
1.44
1.89
1.21
1.42
1.87
1.19
'1.46
'2.07
'1.16
'1.42
'2.01
'1.13
'1.42
' 1.98
1.14
1.41
1.91
1.15
1.21
1.78
.79
1.21
1.73
.80
1.22
1.74
.84
1.20
1.73
.80
1.21
1.75
.79
1.20
1.75
.76
1.22
1.74
.79
1.24
1.78
.80
1.23
1.72
.81
1.21
1.70
.78
1.19
1.68
.77
1.23
1.75
.80
'1.22
1.69
.80
'1.24
r 1.71
'.83
1.20
1.62
.82
62,782
66,765
5,992
5,849
5,751
5,624
6,049
5,519
4,976
5,579
4,957
5,444
5,544
5,592
5,845
5,622
5,785
5,710
5,569
4,345
4,982
5,648
6,165
6,061
6,298
5,978
6,378
6,240
BUSINESS INVENTORY-SALES RATIOS
Manufacturing and trade, totalf©A
Manufacturing, totalt ©
Durable goods industriest
Materials and supplies
Work in process
Finished goods
_
Nondurable goods industriest©—Materials and supplies
Work in process
Finished goods
_
Retail trade, totalA
Durable goods stores
Nondurable goods stores
Merchant wholesalers, totalA
do
Durable goods establishments
do
Nondurable goods establishments..
do
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales: O
Durable goods industries:
Unadjusted, total
mil. $
Seasonally adj., total
do
Shipments (not seas, adj.), totalt©
do
1,185,716 1,335,072 111,627 111,092 117,134 102,678 110,477 117,609 118,946 114,188 111,358 105,437 119,488 '125,426 127,221
Durable goods industries, total 9t
do
608,363 699,193 58,640 59,009 62,943
3,259
3,001
Stone, clay, and glass products
do
30,637
35, 274 2,913
9,504
9,084
Primary metals
do
9,067
93,005 103,340
4,513
4,875
Blast furnaces, steel mills
_
do
4,408
46, 687 51,519
Nonferrous and other primary met.
do.
40,877
3,745
3,626
3,629
36,531
2
'3 Revised.
* Preliminary.
i Estimated.
Based on data not seasonally adjusted.
Advance estimate; total Mfrs. shipments for Apr 1978 do not reflect revisions for selected
components.
JSee note marked "cf" on p. S-4.
§The term "business" here includes
only manufacturing and trade; business inventories as shown on p. S-l cover data for all
types of producers, both farm and nonfarm. Unadjusted data for manufacturing are shown
below on pp. S-6 and S-7; those for wholesale and retail trade on pp. S-ll and S-12.
tSee
.51
2
8,211 '54,426 '62,766 '67,473 68,379 67,509
52,831 56,253 61, 989 63,287 59,834
3,676
3,072 ' 3,441
2,991
2,772
3,174
2,865
2,692
3,294
3,198
9,515 ' 9,957 10, 252 310,138
8,755
8,484
8,347
8,305
7,844
8,373
8,956
3,997
4,277
4,478
4,321
4,223
4,167
4,172
4,898 ' 5,100
5,099
3,023
3,189
3,498
3,412
3,310
3,334
3,269
3,642 ' 3,864
3,985
corresponding note on p. S-S.
©Mfrs. shipments, inventories and new orders were revised
back to 1958; revisions prior to Apr. 1977 are available from Bureau of the Census, Wash., D.C.
ASee notes " 1" and " t" on p. S-12 for retail trade and note " O" on p. S-ll for wnole20233.
9 Includes data for items not shown separately.
GSee corresponding note
sale trade,
on p. S-4.
S-6
SUEVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
Annual
June 1978
1977
Apr.
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS!—Continued
Shipments (not seas, adj.)t—Continued
Durable goods industriesf—Continued
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products
Nondurable goods industries, total 9 ©
Food and kindred products
Tobacco products
Textile mill products
Paper and allied products
Chemical and allied products
Petroleum and coal products
Rubber and plastics products
85,255
119,008
85,759
170,739
117,758
28,570
7,246
10,030
6,908
14,377
10,081
2,324
7,167
9,862
6,786
14,825
10,112
2,347
7,681
10,423
7,470
15,833
11,035
2,515
6,398
8,946
6,501
12,712
8,554
2,151
7,217
9,510
7,060
11,837
7,826
2,376
7,633
10,381
7,699
14,825
10,229
2,560
7,814
10,297
7,758
16,233
11,419
2,537
7,137
9,970
7,668
14,890
10,501
2,501
6,815
10, 627
7,566
13,754
9,134
2,510
6,357
9,285
7,135
13,140
9,070
2,182
577,353 635,879
180, 933 191,887
9,589
8,786
36, 387 40,821
48,219
52,368
104,142 113,891
82,347 95,656
31,762 36,955
52,987
15,815
773
3,390
52,083
15,402
803
3,416
54,191
16,205
820
3,563
49,847
15,037
765
2,859
54,224
16,200
832
3,483
55.620
16,560
806
3,667
55,659 54, 354
16, 751 16, 545
779
841
3,705
3,608
53,147
16,494
889
3,437
51,011 56,722
15, 338 17,487
789
800
3,216
3,562
4,514
10,105
7,755
3,123
4,407
9,844
7,757
3,125
4,639
9,930
7,964
3,275
4,064
8,669
8,087
2,797
4,501
9,465
8,083
3,094
4,413
10,055
8,077
3,239
mil. $__ 77,508
105,529
do.
do_
73,868
do_
141i028
95,380
do
25,030
do_
do_
do.
do_
do
do.
do.
do_
do_
4,404
9,400
8,295
3,310
4,313
9,175
8,137
3,119
4,282
9,161
8,346
2,980
4,229
9,366
8,005
2,820
7,457 r 7, 919 8,222
11,039 11,860 11, 693
7,826 ' 8,175 8,149
15,313 16,675 17,087
10, 600 r 11,641 11, 899
2,524
2,661
2,359
4,666
10,368
8,151
3,260
57,953
17,786
876
'3,691
58, 830
17, 608
910
3,803
' 4, 775
•11,119
' 8, 019
r 3,400
4,711
11, 703
8,220
3,416
56, 999
2,876
8,687
4,295
3,537
57,273
2,919
8,665
4,367
3,399
58,049
3,001
8,836
4,603
3,329
57,463
2,919
8,507
4,295
3,264
58,649
3,061
8,562
4,299
3,331
59,285
2,950
8,637
4,375
3,310
60, 316
2,951
8,690
4,383
3,354
60,228
2,986
8,794
4,384
3,440
62,130
3,223
9,166
4,639
3,552
59,973
3,136
8,776
4,163
3,677
63,077 • 64,457
3,341 r 3, 396
9,591 ' 9, 310
4,932 '4,683
3,698 r 3, 680
66,493
3,628
9, 824
4,965
3,767
8, 054
11,361
8,153
16, 288 115,892
11,271
2,570
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products
do..
do..
do_.
do..
do..
do..
7,091
9,757
6,897
13,692
9,561
2,369
6,965
9,746
6,852
14,058
9,552
2,371
7,128
9,537
7,072
14, 345
9,911
2,378
6,738
9,811
7,202
14,221
9,809
2,322
7,074
10,155
7,250
14,070
9,778
2,370
7,240
10,142
7,243
14,503
9,923
2,402
7,406
10,280
7,371
14,896
10,225
2,406
7,296
10,390
7,502
14,527
10,052
2,431
7,419
10,670
7,640
14,906
10,334
2,485
7,003
10,051
7,831
14,420
9,688
2,397
7,582
10, 778
7,713
15,176
10,490
2,441
' 7,848
• 10,964
r 7, 979
• 15,676
• 10,869
' 2,630
Nondurable goods industries, total 9 ©
Food and kindred products
Tobacco products
Textile mill products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products
do.
do..
do_
do..
do_.
do..
do..
do..
52,522
16,028
794
3,440
4,497
9,388
7,784
2,990
52,368
15,607
790
3,375
4,398
9,472
7,909
3,057
52,954
16,052
783
3,361
4,411
9,523
7,846
3,079
52, 364 53, 370
15,598 16,113
790
767
3,353 3,442
4,296 4,364
9,382 9,450
8,022 8,037
3,033 3,065
53, 301
15,822
801
3,440
4,282
9,618
8,041
3,152
53, 775
16,094
781
3,486
4,303
9,387
8,368
3,163
54,114
16,326
821
3,513
4,345
9,626
8,160
3,197
55,808
16,844
884
3,600
4,558
10,104
8,299
3,270
54,349
16,100
836
3,535
4,424
10,223
8,080
3,086
56,054
17,343
840
3, 583
4,593
10,147
7,953
3,219
• 56,816 58,159
• 17,747 17,850
934
'898
3,864
'r 3,486
4,699
4, 719
• 10,354 10, 725
8,254
' 8,158
r 3, 226 3,270
93,402
227,918
156,878
111,595
95, 577
500,346
102,713 8,194
244,028 20,291
177,735 14,439
137,605 11,199
109,361 8,841
563,630 46,557
8,226
19, 915
14,644
11,150
8,871
46,835
8,568
20,286
14,438
11, 500
9,049
47,162
8,433
19,686
14, 705
11,339
8,891
46, 773
8,670
20, 481
15,000
11,365
9,263
47, 240
8,711
20,341
15, 254
11,599
9,471
47,210
8,924
20,339
15,427
11,971
9,569
47,861
20,919
15, 384
11,851
9,499
47,741
9,269
21,519
15, 672
12, 226
9,918
49,334
20,662
15,005
11,440
9,525
48, 792
9,147
21, 969
15,711
12,261
9,935
50,108
' 9, 190
22,312
16,209
12,690
10.276
50,596
40,624
178,160
151,511
26,649
45,015
205,263
173,723
31,540
3,508
16,583
14,088
2,495
3,483
16,861
14,250
2,611
3,790
16,610
13, 957
2,653
3,640
17,071
14,426
2,645
3,800
17,363
14,822
2,541
3,806
17,633
14, 971
2,662
3,941
17,824
15, 216
2,608
4,010
17,860
15,174
2,686
4,184
18,208
15, 525
2,683
3,911
17,974
15,296
2,678
3,951
18,459
15, 690
2,769
r
Inventories, end of year or month:!
Book value (unadjusted), total!
Durable goods industries, total
Nondurable goods industries, total
Book value (seasonally adjusted), total!
do
By industry group:
Durable goods industries, total 9
do.
Stone, clay, and glass products
do
Primary metals
do
Blast furnaces, steel mills
do
Nonferrous and other prir ary met.do
108, 968 115,424 111, 133 L12, 071 112,536 113,160 113,917 114,467 114,448 L15,212 115,424 .16,278 117,511 118,725 119, 778
4,259 4,055
3,991
4,102 4,123
4,186
4,187 4,219
4,259
4,243
4,361
4,510 ' 4, 530 4,487
4,416
17, 699 17, 779 17, 723 17,844 17, 961 18,110 18,090 18,082 18,075 17,977 17,779 17,555 17,185 ' 16,828 16,937
9,782 10,207 10,269 10,314 10,374 10,316 10,244 10,176 10,062 9,782
10,160
9,089 r 9, 721 8,823
9,500
6,490
6,826 6,444
6,504 6,561
6,636 6,662 6,685
6,739 6,826
6,912 ' 6, 893 6,901
6,891
6,728
179, 714 174,015 175,716 176,468 177,297 178,082 179,011 179,301 179,840 179,714 180,977 182,393 183,860 185,418
14,017
24,323
13,912
20,475
7,640
5,265
14,760
26, 379
15, 433
21,258
7,851
5,727
14,245
24, 662
14,439
20,855
7,592
5,406
14,305
24,806
14,733
21,082
7,754
5,476
14,415 14,565
25,060 25,231
14,884 14,857
20,969 20, 996
7,005 7,820
5,436 5,543
14,714
25,314
15,031
21,339
7,943
5, 596
14,732
25,431
15,173
21,492
8,024
5,642
14,699
25, 647
15,18521,095
7,877
5,709
14,756
25,852
15,240
21,431
8,138
5,733
14,760
26, 379
15,433
21,258
7,851
5,727
14,849
26,731
15,539
21,443
8,128
5,820
15,225 15,573 15,856
26, 924 • 27,400 27, 689
15,703 • 16,023 16,154
21,867 22,127 22, 341
8,022 r 8, 019 7,935
5,950 r 6, 087 6,122
By stage of fabrication:!
Materials and supplies 9
Primary metals
Machinery, except electrical
Electrical machinery
Transportation equipment
do
do
do
do
do
36,540
7,222
6,949
4,105
5,625
38,719
7,141
7,345
4,520
6,733
37,304
7,402
6,817
4,222
5,726
38,214
7,406
6,867
4,321
6,401
38,675
7,448
6,899
4,397
6,613
38,540
7,472
6,940
4,425
6,428
38,901
7,459
6,895
4,471
6,819
39,072
7,373
7,060
4,520
6,843
39,011
7,312
7,177
4,473
6,901
38,793
7,256
7,173
4,435
6,788
38,719
7,141
7,345
4,520
6,733
38,177 38,535 r38,547 38.804
6, 711 6,603 r 6, 393 6,351
7,329 7,371
7, 497 7,692
4,440 4,528 ' 4,581 4,642
6,810 6,971 r 6, 782 6,739
Work in process 9
Primary metals
Machinery, except electrical
Electrical machinery
Transportation equipment
do
do
do
do
do
44, 735
6,036
10,610
6,152
12,262
46,864
5,760
11,803
6,835
11,655
45,670
5,874
10, 992
6,400
12,553
45,216
5,857
11,008
6,498
11,998
44,884
5,881
11,080
6,527
11,519
45,452 45,911
5,959 5,989
11,052 11,242
6,593
6,519
11, 774 11,703
46,227
5,949
11, 365
6,690
11,718
45, 996
5,919
11, 387
6,750
11,354
46,515 46,864
5,845 5,760
11,517 11,803
6,821
6,835
11, 636 11,655
27, 693 29,843 28,160 28,643 28,980
Finished goods 9
do
4,878
Primary metals
do
4,447
4,441
4,581
4,632
7,231
Machinery, except electrical
do
6,853
6, 764
6,931
7,081
4,079
Electrical machinery
do
3,817
3,655
3,915
3,960
2,870
2,576
2,588
2,683
2,837
Transportation equipment
do
Nondurable goods industries, total 9 __.do
60, 918 64,290 62,882 63,645 63,932
Food and kindred products
do
15, 575 16,446 16, 732 16, 614
15,495
Tobacco products
do
3,524
3,446
3,442
3,443 3,486
Textile mill products
do
5,109
5,294
5, 335 5,374 5,399
5,218
Paper and allied products
do
5,622
5,383
5,491
5,547
12,965
Chemicals and allied products
do
14,134 13,119 13,195 13,384
5,129
Petroleum and coal products
do
5,992
5,387
5,549 5,627
3,969
Rubber and plastics products
do
4,281
4,148
4,180 4,220
By stage of fabrication:!
Materials and supplies
do
24,945 25,102 25,999 26,063 26,162
Work in process..
do
10,116
9,557
9,824 9,918
9, 862
Finished goods
do
26,416 29,071 27,054 27, 663 27, 909
r
Revised
i Advance estimate; total mfrs. shipments for April 1978 do not reflect revisions for selected components.
!Revised series. Data revised back to Jan. 1958 to reflect
(1) benchmarking of shipments and inventories data to the 1974, 1975, and 1976 Annual Surveys of Manufactures, (2) recalculation of new orders estimates, and (3) updating of the seasonal factors. A detailed description of this revison and historical data appear in report M3-1.7,
29,166 29,107
4,678 4,642
7,177
7,239
3,968
3,912
2, 794 2,817
29,169
4,761
7,005
3,963
2,913
29,441
4,844
7,083
3, 962
2,840
29,906
4,876
7,163
3,985
3,007
47,785 48,696 49,491 50, 448
5,880 5,871 r 5,690 5,800
12,040 12,111 12,457 12, 529
7,000 7,151 * 7,259 7,350
11, 699 12, 065 12,266 12, 756
30,316 30, 280 r30,687 30, 526
4, 745 4,786
4,964 4,711
7,362 7,442 rr 7, 446 7,468
4,183 4,162
4,099 4,024
2,934 2,831 r 3,079 2,846
64,137
16,296
3,500
5,391
5,597
13,591
5,752
4,240
64,165 64,544
16,129 16,268
3,449 3,531
5,353 5,303
5, 639 5,634
13,751 13,949
5,827 5,926
4,296 4,296
64,853
16,402
3,514
5,303
5, 639
14,109
5,927
4,268
64, 628 64,290 64,699
16,001 15, 575 15,755
3,534 3,524 3,427
5,288 5,294 5,432
5,658 5,622 5,588
14,134 14,134 14,167
6,050 5,992 6,016
4,226 4,281
4,356
25,851
9,960
28, 324
25, 787
9, 919
28,460
25, 623
10,178
29,054
25, 297
10.165
29.166
9, 677
4,296 4,369 1i 4,259
18,978 19,536 19,074
16,095 16, 598 116,380
i 2,694
' 2,883
170,430 180,118 175,075 176,457 175,760 175,611 176,603 177 031 178,220 179,313 180,118 182,745 184,450 185,448 186,544
108, 529 114,862 112,156 113,060 112,726 112,537 113,240 113,341 113, 338 114,185 114.862 116,835 118,704 •119,969 120,891
61, 901 65,256 62, 919 63,397 63,034 63,074 63,363 63,690 64,882 65,128 65,256 65, 910 65, 746 • 65,479 65, 653
169,886
65,572
1
9,497
22, 640
16,531
13,158
10,670
52,171
do.
do.
do_.
Fabricated metal products
do
Machinery, except electrical
do
Electrical machinery
do
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products..do
16,753
109,521 109,641 111,003 109,827 112,019 112,586 114,091 114,342 117,938 114,322 119,131 121,273 124, 667
Shipments (seas, adj.), total!©
do..
By industry group:
Durable goods industries, total?
do_.
Stone, clay, and glass products
do..
Primary metals
do..
Blast furnaces, steel mills
do_.
Nonferrous and other primary met.-_do_.
By market category:!
Home goods and apparel©
do
Consumer staples
do
Equipment and defense prod., excl. auto.do
Automotive equipment
do
Construction materials and supplies
do
Other materials and supplies
do_
Supplementary series:
Household durables
do
Capital goods industries
do
Nondefense
do.
Defense
do_
1
25, 727
10, 011
28,805
29,843
4,878
7,231
4,079
2,870
64, 882
15, 690
3,419
5,450
5,632
14,225
5,986
4,419
65,135
15,968
rr 3,405
5, 445
' 5, 664
14,426
' 5, 591
' 4, 401
65,640
16,154
3,473
5, 398
5, 675
14, 704
5,548
4,414
25,190 25,332 25,730 25, 668
10,116 10,145 10,258
10,208 10, 260
29, 071 29,364 29,292 29,197 29, 712
"Manufacturers' Shipments, Inventories, and Orders: 1958-1977," available for $2.45 from the
Bureau of the Census, Washington, D.C. 20233. Data back to Jan. 1958 for mfg. and trade sales
and inventories and inventory-sales ratios appear on p. 34fT. of the May 1978 Survey.
~~-corresponding note on p. S-5.
9 Includes data for items not shown separately.
25,102
SURVEY OF CURRENT BUSINESS
June 1978
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1977
Annual
S-7
1977
Apr.
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
15,947
24,157
44,645
10,256
15,853
73,002
15,922
24,586
45,138
10,196
15,995
73,581
May
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSt—Continued
Inventories, end of year or monthf—Continued
Book value (seasonally adjusted)—Continued
By market category:!
Home goods and apparel
mil. $__
Consumer staples
do-_*__
Equip, and defense prod., excl. auto
do
Automotive equipment
do
Construction materials and supplies
do
Other materials and supplies
do
Supplementary series:
Household durables
do
Capital goods industries
do
Non defense
do
Defense
do
New orders, net (not seas, adj.), total fA
Durable goods industries, total
Nondurable goods industries, totalA
do
do
do
New orders, net (seas, adj.), total fA
do
By industry group:
Durable goods industries, totalf
do
Primary metals
do
Blastfurnaces, steel mills
do
Nonferrous and other primary met.—do
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts
do
do
do
do
do
Nondurable goods industries, total A
do
Industries with unfilled orders©
do
Industries without unfilled orders 1fA- -do
By market category:!
Home goods and apparel A
Consumer staples
Equip, and defense prod., excl. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense
15,295
23,988
40,676
9,910
14, 635
71,212
15,253 15,319 15,358 15,260
24,137 24,010 24,131 24,626
40,693 41,080 41,376 41,729
10,098 9,988 10,173 10,257
14,535 14,639 14,630 14,777
71,752 72,261 72,414 72,362
15,264 15,193 15,340
24,503 24,393 23,942
41,783 42,155 42,836
10,114 10,308 10,1C8
14,937 15,046 14,935
72,700 72,745 72,553
14,783
22,933
39,574
9,718
14, 270
68,608
15,340
23,942
42,836
10,108
14,935
72,553
7,260
43,056
36,720
6,336
7,657 7,761
7,771
7,747 7,758 7,812 7,814 7,808 7,758 7.771
46,677 44,171 44,546 44,665 44,839 45,201 45,544 45,546 45,926 46,677
40,294 37,945 38, 303 38,348 38,522 38,851 39,231 39,389 39,663 40,294
6,383 6, 226 6,243 6,317
6,317 6,350 6,313 6,157 6,263 6,383
15,148
23,755
40,326
9,773
14,653
70,360
15,738 15,848
24,092 23,902
42,971 43,869
10,377 10,276
15,203 15,720
72,596 72,778
8,026 8,053 ' 8,116 8,141
46,966 47,824 48, 772 49,462
40,512 41,188 42,151 42, 773
6,454 6,636 '6,621
1,189,604 1,354,099 113,576 111,445 118,079 103,795 111, 623 117,770 122,435 116,122 114,989 109,532 123,173 129,869 131,068
611,963 717, 537 60,407 59, 555 63,955 53,776 57,598 62,243 66,699 61,767 61,797 •58,172 •66,343 71,712 71,890
577,641 636,562 53,169 51,890 54,124 50,019 54, 025 55,527 55,736 54,355 53,192 51,360 56,830 58,157 59,133
2
l,189,604 21,354,099 111, 269 111, 102 112,141
112,615 113,680 117,331 117,024 122,128 117.899 '122,693 '125,973 128,267
611,963 717,537 58,800 58,835 59,111 56,367
8,889 8,330 8,638
94,226 105,968 8,661
47,396 53,394 4,356 4,650 4,103
4,374
3,304 3,288
37,377 41,360 3,422 3,301
59,269 60,364
8,918 8,988
4,452 4,665
3,503 3,358
76,997 85,609
103,901 122,489
75,884 88,241
143,606 178,617
32,279 42,420
7,086
6,581
9,842 10, 085 9,720
7,389 7,186
7,178
14,552 15, 563 13,260
3,402 4,398 2,494
7,033
10,469
7,439
13,721
2,841
7,124 7,509 7,635 7,447 7,597 8,019
10,576 10,762 10, 797 11,210 10,563 11,482
7,381 7,564 8,059 8,000 8,434 8,460
14, 518 17,117 15,247 17, 569 •14,749 16,392
3,283 5,240 ' 3,474 ' 4, 040
3,328 4,519
577,641 636,562 52,469 52,267 53,030 52,501
124,527 139,673 11,490 11, 372 11, 696 11,656
453,114 496,889 40,979 40,895 41,334 40,845
53,346
11,782
41,564
53,316
11,730
41,586
53,775 54,203
11,770 11,932
42, 005 42,271
55,963
12,289
43,674
103,442 8,277 8,325 8,500
244,051 20,289 19,899 20,307
186,752 15,655 15,483 15,929
138,805 11,427 11,288 11,606
110,261 8,901
9,029 9,056
570,788 46,720 47,078 46,743
8,496
19,727
14,049
11,262
8,791
46,543
8,953
20,503
14,538
11,494
9,342
47,785
8,736
20,298
15,436
11,536
9,406
48,268
9,146
20,339
17, 555
12,101
9,634
48,556
8,908
20,908
17,070
11,736
9,885
48,517
9,325 9,007
21,494 20, €80
17,785 16,839
12,524 11,475
10,008 10,011
50,992 50,088
3,695
16,000
13,936
2,064
4,070
17,035
14,527
2,508
3,820
18,234
16,124
4,138
20,556
16,097
4,459
3,998
19,511
16,090
3,421
'4,262
4,253 3,994
21,384 19,382 '20,538 21,992
16,988 16,511 17,882 17,507
4,396 '2,871 '2,656 ' 4,485
7,125
9,712
7,161
15,115
4,189
do
do
do
do
do
do
93,444
227,963
158,051
112, 788
94,415
502,943
do
do
do
do
45, 733 3,575
40,462
179,736 216,849 17,966
150,011 182,413 14,687
29, 725 34,436 3,279
Unfilled orders, end of year or month (unadjusted),
totalf
mil. $.. 174,001
Durable goods industries, total
do
166,137
Nondur. goods ind. with unfilled orders©_.do
7,864
Unfilled orders, end of year or month (seasonally
adjusted) totalf
mil. $.. 174,553
By industry group:
Durable goods industries, total 9
do___. 166,440
Primary metals
do
15,853
Blast furnaces, steel mills
do
9,962
Nonferrous and other primary met.__do
4,850
3,577
17,781
14,893
2,888
3,723
18,080
15,490
2,590
66,165 •63,335
9,347 9,857
4,609 4,938
3,746 3,940
66,681 69,016
9,946 10,228
5,302 '5,376
3,611 '3,850
54,564 56,012
12,002 12,047
42,562 43,965
70,033
10,308
5,316
3,941
' 7,826
11,573 11,593
' 8,319 8,775
18,085 17,721
'4,221
4,965
56,957
12,412
44,645
58,190
13,779
44,411
9,222 ' 9,160
21,984 22,317
'17,822 18,802
12,521 12,895
10,417 10,397
50,727 52,402
9,621
22,671
18, 518
13,165
11,063
53,229
69,473
10,717
17,509
4,369 » 4,259
21,440 21,744
17,409 17,797
4,031 i 3,947
193,029 180,252 180,605 181,550 182,667 183,813 183,975 187,464 189,398 193,029 197,123 '200,807 '205,248 209,097
184,482 171,448 171,994 173, 006 173,951 175,296 175,551 178,963 180,896 184,482 188,227 '191,804 '196,039 199,585
i, 003 9,209
8,547 8,804 8,611
8,502 8,547 8,896
9,512
8,544 8,716 8,517 8,424 8,501
193,659 180,217 181,678 182,816 181,857 182,453 183,547 186,787 189,469 193,659 -"197,235 '200,798 '205,500 209,103
184,834 171,739 173,301 174,363 173,267 173,887- 174,966 178,206 180, 799 184,834 188,194 '191,798 196,359 199, 895 1203,794
18,513 17,296 17,520 17,014 17,145 17,501 17,852 17,858 18,332 18,513 19,594 19,948 '20,866 21,349 i 22,390
11,852 11,219 11,502 11, 002 11,081 11,234 11,524 11,500 11,882 11,852 12,627 12,996 '13, 689 14,040
5,526 ' 5,696
5,350 4,952 4,854 4,829 4,853 5,025 5,073 5,095 5,156
5,350 5,613
5,871
Fabricated metal products
do
22,890 23,203 23,085 23,206 23,047
Machinery, except electrical
do
43,707 47,221 44,491 44,587 45,135
Electrical machinery
do
23, o20 25,833 23,769 24,306 24,420
52,724 60,527 54,506 55,000 56,218
Transportation equipment
do
34,502 41,275 36,025 36,301 37,677
Aircraft, missiles, and parts
do
Nondur. goods ind. with unfilled orders©.do
8,825 8,478 8,377 8,453
8,113
By market category:!
4,091
Home goods, apparel, consumer staples, .do
3,462 3,545 3,498
3,285
Equip, and defense prod., incl. auto
do
100,355 110,488 102,621 103,598 105,195
Construction materials and supplies
do
17, 881 18,765 18,145 18,303 18, 310
Other materials and supplies
do
53,032 60, 315 55,689 56,232 55, 813
Supplementary series:
Household durables
do
3,389 2,769 2,863 2,796
2,617
Capital goods industries
do
109,386 120,899 111, 748 112,6C8 114,138
Nondefense
do
77,284 85,893 80,089 80, 732 82, 265
Defense
dol.l. 32,102 35,006 31,659 31,936 31,873
BUSINESS INCORPORATIONS©
New incorporations (50 States and Dist. Col.):
Unadjusted
.number.. 375,766
Seasonally adjusted
do.
2,110
63, 556 62,821
8,696 9,268
4,359 4,766
3,376 3,501
70,167
35,797
33,707
36,577 39,909
34,442 37,229
22,890
45,044
24,396
55,257
37,177
8,590
22,849
45,358
24,585
54,908
37,078
8,566
22,733
45,792
24,723
54,923
37,278
8,581
22,836
46,274
24,916
57,144
38,650
8,581
23,175
46,681
25,473
57,864
39,004
8,670
23, 203
47,221
25,833
60,527
41,275
8,825
23,797
47,732
26,436
60,856
•41,598
9,041
24,233
48,434
27,186
62, 072
42,502
9,000
3,602 3,907
4,111
4,060 4,091 4,219
104,462 104,129 104,248 106,506 108,077 110,488 112,156 114,527
18, 210 18, 289 18,224 18, 289 18, 675 18,765 19,249 19, 731
55,583 56,128 57,186 57,881 58,657 60,315 61,611 62, 231
3,520
3,135
3,121
2,851
3,332
3,320 3,389 3,472
113,067 112,739 113,340 116,072 117,723 120,899 122,307 •124,388
89,301
81, 775 81,480 82,633 83,514 84,430 85,893 87,107
31, 292 31,259 30,707 32,558 32,293 35,006 •35,200 "35,087
35,963
35,749
39,169
39,525
36,110
37,812
36,723
38,943
34,586
38,344
38,008
39,674
36,547
35,249
39,253
24,213
•49,044
•27,526
•64,480
•43,396
' 9,141
24,847
49,277
28,151
65, 915
44, 971
9,171
67,530
4,441
' 4,285
117,326 119,322
• 19,852 20,245
•64,037 65,095
3,625 i 3,553
' 3,486
127,402 129,310
90,712 91,528 92,939
37,782 39,034
43,130
37,602
INDUSTRIAL AND COMMERCIAL
FAILURES©
Failures, total
_
number..
7,919
560
559
504
804
517
546
724
732
9,628
687
621
513
Commercial service
do.."
1,041
67
63
63
109
77
85
1,331
99
94
95
76
63
Construction
do...
1,463
104
102
69
137
98
89
1,770
132
147
139
83
129
Manufacturing and mining
do...
1,122
83
92
74
65
108
96
1,360
91
102
85
87
98
Betail trade
do
3,406
250
219
4,139
367
200
231
226
262
300
223
293
319
Wholesale trade..
do...
887
59
80
1,028
83
55
67
72
64
53
85
76
82
Liabilities (current), total
thous. $.. 3,011,271 3,095,317 207,272 473,886 305,860 577,825 338,252 96, 994 115,692 200,287 168,317 168,308 205,014
Commercial service
do.
490,140 358,686 45, 938 14,647 21,041 89,511 21,671 10, 293 15,682 18,659 13,986 21,359 70,081
Construction
d o ] . . . 428,737 420,220 40,516 141,306 29,165
9,764 24,297
9,653 26,658 16,375 37,264 21,527 10,415
Manufacturing and mining
do .1 1,121,722 1,221,122 43,570 52,094 166,517 443,140 91,859 28,656 20,703 65,286 101,789 82,393 46,080
Betail trade
do.
556,912 482,560 58,477 37,874 42,515 18,494 60,813 20,701 23,622 62,418 32,224 40,513 34,854
"Wholesale trade
do"
413,760 612,729 18,771 227,965 46,622 17,027 137,251 20,963 18,421 32,397
9,903 14,279 29,702
Failure annual rate (seasonally adjusted)
No. per 10,000 concern:
27.0
24.1
2 34.8
27.0
24.0
31.8
30.2
29.7
24.2
21.6
2 28.4
22.5
30.8
r Revised.
v Preliminary.
> Advance estimate: totals for mfrs, new and unfilled
11 For these industries (food and kindred prod., tobacco mfs., apparel and other textile
orders for April 1978 do not reflect revisions for selected components.
f See corresponding
prod., petroleum and coal prod., chem. and allied prod., rubber and plastics prod.) sales are
n o t i o n p. S-6.
9 Includes data for items not shown separately.
A S ee note marked
considered equal to new orders.
O Compiled by Dun * Bradstreet, Inc. (failures data
© on p. S-5.
© Includes textile mill prod., leather and prod., paper and allied prod.,
for 48 States and Dist. of Col.; Hawaii included beginning July 1975; Alaska, beginning
and print, and pub. ind.; unfilled orders for other nondurable goods are zero.
Sept. 1976).
c Corrected.
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
June 1978
SUKV EY OF CUEKEJNT BUSINESS
S-8
1976
1977
1977
Apr.
Annual
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS!
Prices received, all farm products
1910-14 =100__
do
Crops 9
Commercial vegetables
do
Cotton
do
Feed grains and hay
do
Food grains
do
Fruit
do
Tobacco
do
Livestock and products 9
do
Dairy products
do
Meat animals
do
Poultry and eggs
do
Prices paid:
All commodities and services
_
do
Family living items
do
Production items
do
All commodities and services, interest, taxe s, and
wage rates (parity index)
1910-14 =100..
do_
Parity ratio §..
_
CONSUMER PRICES!
(U.S. Department of Labor Indexes)
Not Seasonally Adjusted
ALL ITEMS, WAGE EARNERS AND CLERICAL WORKERS, REVISED (CPI-W)1
1967=100..
465
444
456
504
379
354
300
907
485
591
569
233
478
'482
'539
••577
483
'480
460
447
450
410
437
390
434
384
444
401
448
417
452
411
465
423
482
427
501
445
482
359
277
319
967
473
577
551
352
261
374
966
435
516
328
245
354
966
447
533
291
243
342
841
438
514
260
259
383
977
449
499
255
263
400
525
434
290
305
443
440
404
299
310
421
530
404
306
314
424
518
425
313
320
441
533
433
325
328
460
1,074
476
448
264
281
503
983
1,025
1,015
1,024
1,020
1,006
521
'468
'696
'437
'337
'344
'441
1,017
485
571
585
476
574
568
493
581
590
487
593
579
487
612
569
488
6k4
573
479
624
554
496
630
584
509
624
613
539
624
661
560
624
700
576
618
730
245
'564
232
220
217
231
223
226
214
216
219
218
235
238
564
592
597
600
597
594
589
593
595
605
611
621
630
580
565
592
570
594
573
588
577
582
579
575
582
572
591
563
559
590
584
574
585
576
588
578
590
590
593
598
598
611
602
621
650
71
687
67
'692
69
694
70
692
66
690
65
685
64
685
63
685
65
688
65
690
66
710
65
717
67
727
69
'735
71
170.5
181.5
179.6
180.6
181.8
182.6
183.3
184.0
184.5
185.4
186.1
187.1
188.4
189.7
191.4
181.5
179.6
180.6
181.8
182.6
183.3
184.0
184.5
185.4
186.1
187.2
188.4
189.8
191.5
179.1
183.0
181.7
182.5
178.4
183.8
181.2
180.8
185.0
179.6
180.2
177.5
178.4
176.2
177.3
178.4
179.1
179.8
180.9
181.6
182.5
183.1
183.8
184.7
180.3
178.4
179.4
180.6
181.4
182.0
182.6
183.1
184.1
184.7
185.8
186.9
174.7
177.0
178.3
177.9
174.3
179.2
175.4
180.2
176.3
176.6
175.8
173.3
178.9
177.4
178.3
179.7
180.1
180.8
181.0
181.4
182.4
182.9
183.9
185.1
166.5
164.7
165.7
166.6
166.6
167.3
168.4
169.2
170.1
170.3
169.7
169.6
163.2
162.2
163.4
163.9
164.3
164.3
164.5
165. 0 165.5
165.9
166.6
167.2
165.1
168.4
163.6
164.7
165.4
165.6
166.0
166.7
167.4
168.1
ie8.6
168.8
9fjn ^
194 3
1QQ ^i
1Q9 9
1Q8 ^
909 O
201.6
208.2
206.2
207.2
199.4
209.8
211.4
201.2
203.8
202.8
205.3
198.4
192.2
194.4
199.2
195.6
196.3
202.0
191.7
193.6
195.2
194.5
190.9
194.6
190.2
189.3
189.8
191.9
192.8
193.2
192.2
191.7
193.0
193.7
197.0
200.1
' 186.5 r 183.7 ' 184. 6 ' 180.0 ' 187.4 ' 188. 3 ' 189.5 ' 190. 4 ' 191. 4 ' 192. 4 193.8
195.0
191.1
200.0
201.3
196.9
195.6
190.3
192.2
193.2
198.2
188.9
194.7
187.7
1 co c
152.9
157. 9
151. 6
155.3
153. 6 154.4
204.9
215.0
216.4
211.5
202.3
210.0
203.9
213.0
201.0
207.4
209.1
206.2
202.2
200.2
204.5
206.8
207.4
207.6 3 208. 5 3 210. 6
203.5
205.5
199.4
201.8
283.4
282.6
283.1
284.1
285.1
287.2
289.9
291.9 * 295.2 * 296.9
282.0
283.7
213.4
209.8
210.9
213.0
216.0
217.4
218.0
219.3
219.5
218.9
219.7
223.3
' 167. .5 ' 166.1 ' 166. 5 ' 107. 0 ' 167.8 ' 108.4 ' 109.1 ' 109.6 ' 170. 2 '171.0
171.3
172.1
154.2
152.3
153.4
153.9
153.4
156.2
158.2
154.8
157.2
158.5
155.7
154.5
177 9
178.1
176.7
179.1
178. 6 178. 7 178.8
179. 2 178. 8 178.4
176.6
178.6
178.2
177.7
178.0
176.2
178.6
178.2
177.8
177.9
178.0
178.7
142.9
141.4
150.5
150.9
151.2
148.2
141.6
141.1
145.7
141.7
141.6
140.6
1R9 8
187.8
192.2
182.5
178.0
191.4
190. 6 186.4
175.0
170. 7 169.8
182.4
186.8
180.4
183.2
183.5
184.1
184.4
181.5
183.5
184.7
185.7
186.6
202.4
211.2
213.3
200.5
207.2
208.1
209.3
203.5
204.9
201.8
206 3
199 1
186.3
185.9
188.3
181.6
186.8
170.7
168.3
170.0
204 9
213.0
204.2
202.5
196.7
202.9
188.1
187.4
190.1
183.5
188.8
171.8
169.9
171.3
206 5
214'. 6
207.5
206.5
198.3
204.7
ALL ITEMS, ALL URBAN CONSUMERS
170.5
(CPI-U) f . . . .
1967 mn
Special group indexes:
168.3
All items less shelter
do
167.5
All items less food
do
169.7
All items less medical care
do
165.2
Commodities do
169.2
Nondurables
do
158. 3
Nondurable^ less food
do
154.3
Durables
do
156.6
Commodities less food
.do....
.do
Services..
186.8
do
Services less rent
180.8
Food 9
do
179.5
Food at home
"« 174.6
Housing
do
179.0
Shelter9
do
.do
144.7
Rent
_
do
191.7
Homeownership
182.7
Fuel
and utilities 9
do
250.8
Fuel oil and coal
do
do
189.0
Gas (piped) and electricity
' 1 160.1
Household furnishings and operation
do
Apparel and upkeep
do
147.6
.do
165. 5
Transportation
do
164.6
Private
135.7
New cars
.do....
.do
Used cars
174.2
do
Public.
184.7
Medical
care
Seasonally Adjusted A
All items, percent change from previous month
Commodities..
1967=100
Commodities less food
do.
Food
An
Food at home.._ ___
do—.
Fuels and utilities
.do_-._
Fuel oil and coal
.doApparel and upkeep
do
Transportation
__
_do____
Private
do
New cars
.do-__
Services.._
r\n
0.6
0.8
174.4
173.7
164. 6
164.1
192.6
191 5
189.8 ' 190. 9
200.4
198.7
281.1
283. 4
152.7
153.2
178.1
177.6
177.5
177.2
141.7
140.5
192 9
191 4
0.5
175.1
165.1
193.8
191.9
202.3
285. 7
154.2
177.9
177.3
142.3
194 3
PRODUCER PRICEScf
(U.S. Department of Labor Indexes)
Not SeasonallyAdjusted
Spot market prices, basic commodities:
22 Commodities
1967=100
5 201.0 « 209. 6 220.8
218.7
208.5
s 201 6 5 208.2 219 0
211 3
9 Foodstuffs
do
219 4
13 Raw industrials
206.4
218.1
do
5 200.6 * 210.4 221.9
All commodities
rln
194.2
194.5
195 2
183 0
194 3
By stage of processing:
Crude materials for further processing
do
214.4
215.4
205.1
224.4
226.1
Intermediate materials, supplies, etc . do
201.7
202.1
189. 3
202.1
201 2
do
Finished goods O
180.6
180 3
180 5
170 3
178 8
178.9
Consumer finished goods
do
179.4
179.4
169.0
177.5
184.5
183.1
173.2
182.4
181
6
Capital e q u i p m e n t .
.
do
By durability of product:
Durable goods..
188.1
186 8
do
176.0
185 9 186 5
Nondurable goods .
198.4
do
200.5
201 7
188.0
200.0
dn
Total manufactures
190.1
179.0
188 9 190 2
190 4
188.0
Durable manufactures
do
175.6
184.5
186.2
186.7
191.8
182.1
192.0
194.1
193.9
Nondurable manufactures
do
'Revised.
* Preliminary.
1 Includes TV 3and sound equipment and repairs formerly
in health and recreation."
2 Residential.
includes additional items not previously
priced.
* Includes bottled gas.
« Computed by BEA.
JData revised back to 1965
to reflect new base weights; comparable data for earlier period will be shown later.
9 Includes data for items not shown separately.
§ Ratio of prices received to prices paid
(parity index).
HData through December 1977 are for urban wage earners and clerical
° 1AO ^
3
4
597
612
779
237
638
608
630
744
72
2 1 fii ^
•I 7Q Q
179.1
151.1
180,3
151.2
187.2
214.5
187.3
215.7
0.4
175.7
165. 7
194.3
192.0
205.8
288.1
155.2
177.2
176.5
143.5
196 8
0.4
176.2
166.2
194 7
192.3
206.7
289.5
155. 3
177.4
176.8
144.1
197 9
0.3
176.7
166.8
195.0
192.5
208.1
289.5
155.7
177.5
176.9
145. 0
198 7
0.4
177.5
107. 6
196.0
193.5
207.6
289.5
156.4
178.3
177.8
146.9
199 5
0.8
.9
0.6
0.8
0.4
182.3
184.0
180.8
178. 3 179.9
170.9
171.8
169.9
169.5
168.4
204.3
208.1
201.6
196.7
199.2
199.5 202.5
207.3
197.0
194.2
207.1 3 207. 7 3 209.4 3 211.5 3 213.2
98Q ft 4
4 9Q4 0
290. 8
156.8
157.2
158.8
155.7
157.2
181.7
179.2
182.0
181.4
180.3
181.0
178.7
181.3
180.7
179.7
148.4
150.3
150.5
151.0
149.3
201 5
204.7
200.3
203.0
206.6
204.1
203 8
204.1
194 8
200.8
198 0
202.7
194.6
201.3
198 9
202.9
195.3
203.3
201 2
204.7
196.3
205.9
208 8
203.8
197 0
212.7
215 1
210.9
198 2
220.3
220.8
219.9
202.0
1,018
220.4
218.3
212.6 3 213. 9
297. 2 4 296. 6
226.6
229.2
173.6
175.0
156.5
158.4
0.3
175.2
165.4
193.5
191.3
204.4
286. 6
154.7
177. 0
176.8
142.9
195 7
218.0
215 4
219.7
199 9
538
481
662
449
345
341
504
226.3
236.0
219.8
203.8
225.0
237.9
216.5
206.4
228.1
243.7
217.8
207.9
241.1
231.2
238.9
208.0
210.5
225.0
219.6
215.6
213.7
210.7
212.4
208.9
204.4
204.8
207.0
205.3
184.5
188.3
189.0
191.4
193.0
183.9
186.8
185 5
191. 3
186.7
189.7
184.2
186.1
181.4
181.8
182.9
196.9
195.4
194.5
193.6
190.8
192.8
191.5
189.9
199.1
199.1
201.4
190.8
192.9
192.6
196.0
197.8
189.5
193.8
188.3
198.0
199.4
206.6
209.5
206.6
198.4
202.2
204.4
199.3
197.8
200.8
191.9
193.1
193.7
196.0
197.7
198.9
200.9
198.9
194
5
191.1
190 9
198.9
201.1
193.2
198.9
190.9
192.8
196.0
197.7
194.0
189.5
188.3
198.1
199.9
193.5
198.1
192.4
192.8
195.5
194.4
197.0
193.2
192.3
workers; beginning January 1978, there are two indexes, all urban wage earners and clerical
workers, revised (CPI-W), and all urban consumers (CPI-U). These indexes reflect improved
pricing methods, updated expenditure patterns, etc.; complete details are available from
Bureau of Labor Statistics, Washington, D.C., 20212.
ABeginning Jan. 1978, CPI-U.
d"For actual producer prices of individual commodities see respective commodities.
O Goods to users, incl. raw foods and fuels.
213.9
202.6
181 3
180.2
183.8
207.3
203.4
181.3
179.7
184.7
207.8
204.2
181.8
180.2
185.6
June 1978
SURVEY Ob' L UKK EAT BUS IN Kb a
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
1977
Apr.
Annual
S-9
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
200.3
205.3
201.6
178.9
187.9
208.3
205.5
213.6
227.3
198.7
196.0
218.1
207.7
215.7
220.3
189.2
194.5
230.3
196.8
200.0
185.7
180.3
195.6
204.6
200.2
200.1
188.6
184.5
196.4
211.7
202.5
199.5
188.2
184.5
197.3
220.4
COMMODITY PRICES—Continued
PRODUCER PRICEScf—Continued
(U.S. Department of Labor Indexes)—Continued
All commodities—Continued
Farm prod., processed foods and feeds .1967=100.
Farm products 9
do...
Fruits and vegetables, fresh and dried- do...
Grains
...do...
Live poultry
.
do...
Livestock.
_
do...
183.1
191.0
178.4
205.9
166.9
173.3
188.8
192.5
192.2
165.2
175.4
173.0
195.9
208.2
205.7
184.4
182.3
167.9
196.8
204.3
201.8
171.2
183.1
180.2
191.5
192.8
176.3
157.7
182.7
172.3
188.7
190.2
182.1
151.1
193.7
180.5
184.3
181.8
176.5
140.5
176.1
175.2
184.4
182.0
182.9
144.2
181.7
172.9
184.3
182.0
188.0
144.7
170.5
177.5
186.8
185.5
192.9
164.6
162.7
171.6
189.5
188.3
170.1
167.3
157.8
182.7
192.1
192.2
197.1
169.1
170.2
188.2
do.
do.
do.
do.
do
do.
178.0
173.5
172.1
168.5
170.2
181.6
186.1
200.9
173.2
173.4
187.3
182.0
188.5
202.1
171.6
173.5
185.2
183.6
191.9
206.0
172.0
174.2
185. 8
183.5
190.1
207.9
171.1
174.3
187.7
189.5
187.2
204.7
171.9
175.1
189.5
184.9
205.5
172.1
175.3
190.4
182.7
184.4
204.8
174.6
175.6
191.1
182.8
184.3
205.0
175.5
175.9
190.4
184.7
186.7
200.6
179.7
176.9
193.0
190.8
189.3
201.3
182.0
178.2
194.4
193.6
191.3
201.9
183.6
178.0
194.4
193.6
196.6
198.9
204.6
170.8
188.8
202.1
194.6
201.1
184.7
178.7
194.6
204.7
do
182.4
195.1
193.3
194.2
194.7
195.9
196.9
197.8
199.1
199.2
200.0
201.5
202.8
204.1
206.0
207.3
...do..
do..
do..
do.
do.
.do..
187.2
188.4
219.3
134.0
249.9
174.4
192.7
187.7
223.9
140.5
279.0
182.4
193.0
189.7
223.5
139.6
304.9
180.6
194.0
188.6
224.2
139.7
337.5
181.7
193.9
189.0
224.2
140.8
318.8
182.3
193.6
188.5
224.6
141.2
281.9
183.9
188.6
224.5
141.2
268.9
183.9
193.2
189.9
224.1
141.4
246.9
185.1
193.7
190.2
224.9
141.8
260.9
185.1
193.8
188.1
224.9
142.2
265.4
186.7
193.9
186.9
225.2
142.9
266.1
185.9
194.0
187.3
224.2
144.1
263.2
186.1
196.2
190.8
224.1
145.3
294.6
189.5
197.0
192.1
224.4
146.2
301.3
191.6
198.6
203.3
223.6
146.6
315.2
192.6
Fuels and related prod., and power 9
Coal...
Electric power
Gas fuels
Petroleum products, refined--
do.
.do.
do.
do.
do.
265.6
368.7
207.6
286.8
276.6
302.2
389.4
232.9
387.9
308.1
298.8
379.8
229.4
379.0
306.8
302.4
386.7
230.5
390.2
310.3
304.3
390.5
234.3
3S6.6
312.2
307.0
393.0
239.0
391.8
313.8
309.5
394.2
244.6
400.9
313.1
309. 9
395.1
242.8
405.2
313.2
310.7
398.5
242.1
406.2
314.2
310.4
400.1
237.8
414.1
313.4
311.9
402.2
237.2
422.4
313.7
312.8
404.1
239.7
420.5
314.1
195.2
188.9
224.4
144.9
281.5
188.5
312.9
405.1
242.8
417.9
312.8
315.3
407.2
250.0
423.6
311.1
317.3
426.6
250.8
428.7
311.6
319.7
432.4
252.8
428.9
314.4
Furniture and household durables 9
Appliances, household
Furniture, household
Home electronic equipment
do.
do.
.do..
do..
145.6
139.2
153.6
91.3
151.4
144.9
162.2
87.7
150.1
143.3
160.7
88.3
150.6
143.3
161.2
88.3
151.5
144.8
162. 2
88.4
151.4
145. 7
162.9
86.8
152.6
146.6
163.2
86.8
152.7
147.5
163.3
"•86.4
153.0
147.8
164.1
'86.2
153.6
147.5
165.1
86.4
154.0
147.6
166.4
86.4
155.6
149.1
168.2
86.8
156.3
149.4
168.8
88.1
157.4
150.9
168.9
88.5
158.3
152.1
169.9
88.5
Hides, skins, and leather products 9
Footwear
Hides and skins
Leather
Lumber and wood products
Lumber
do.
do.
do.
do.
do.
do.
167.8
158.9
258.4
188.1
205.6
233.0
179.5
168.9
2«6.8
201.1
236.2
276.5
179.9
167.2
305.0
204.1
229.8
268.8
181.9
168.1
313.0
210.7
229.5
179.4
168.2
288.8
202.3
228.8
264.8
180.0
• 169.8
291.5
• 198.7
235.6
275.9
180.2
169.9
288.3
200.3
242.7
286.4
179.6
170.0
274.4
200.5
252. 9
301. 7
179.2
171.2
266.6
196.4
247.8
292.4
180.3
172.0
273.2
197.0
243.2
284.8
181.8
172.1
291.9
200.4
249.1
291.0
186.1
173.8
300.4
210.8
256.3
300.4
187.5
176.2
298.2
211.9
263.7
308.5
192.2
180.5
320.5
217.4
269.5
316.7
Machinery and equipment 9
„Agricultural
„
. and equip
machinery:
Construction machinery and equip
Electrical machinery and equip
Metalworking machinery and equip
do
do..
do..
do.
do.
171.0
183.0
198.9
146.7
182.7
181.7
197.7
213.7
154.1
198.5
178.9
194.8
210.2
152.0
194.7
180.0
195.4
211.7
152.7
195.8
180.7
195.9
212.0
153.0
197.9
181.8
196.6
213.9
154.1
199.3
182.8 • 183.8
200.4
198.6
• 215.3 • 214. 7
155. 7
154.6
202. 3
200.8
185.4
201.4
217. 2
157.3
203.5
186.7
209.1
221.4
157.8
204.9
187.3
205.2
221.8
157.9
205.8
189.1
205.9
222.6
160.0
208.1
190.1
207.2
224.0
160.5
209.2
188.1
176.2
296.0
215.3
266.0
312.5
191.4
207.6
224.9
161.7
210.5
158.4
152.1
170.6
87.4
193.8
181.4
321.7
217.3
273.4
316.5
192.4
208.6
227.9
162.4
212.0
193.7
209.2
229.8
163.3
213.5
.do..
_. .do..
do.
do.
195.9
158.0
215.9
181.6
209.0
165. 5
230.3
195.4
208.2
163.5
228.3
200.1
208.5
164.0
228.0
200.9
207.7
164.5
227.0
197.3
210.6
165.4
232.1
198.0
1
212.6
211.7
166.8
166.0
233.2 • 236.0
198.5
195.1
211.8
168.0
234.4
193. 6
212.0
168.3
233.4
194.2
213.3
169.3
235.5
195.1
215.2
171.0
237.7
198.0
219.1
170.4
244.6
199.7
221.1
171.1
247.2
201.1
223.8
172.5
251.7
202.9
224.4
173.7
251.7
203.2
do..
do..
do..
do..
.do..
do..
do..
do..
186.3
163.5
180.1
154.4
179 4
182.3
159.2
161.5
200.4
179.8
191.8
183.5
186.4
194.3
167.5
169.7
198.6
177.5
189.9
172.2
185.3
193.3
165.7
169.9
199.3
178.8
190.6
175.9
186.2
194.0
166.3
168.0
200.6
180.2
191.0
187.1
187.3
194.3
167.5
168.0
201.7
183.8
192.8
186.6
187.8
195.4
168.9
171.4
• 202.5
184.5
193.5
189.8
187.8
196.2
• 169.3
• 172.0
204. 3
185.7
194.0
193.7
' 188.1
' 196.0
-169.5
• 172.0
205.4
187.8
195.0
201.6
• 188. 7
• 197. 4
• 170. 2
• 172.0
205.6
185.1
195.4
203.2
188.3
197.5
170.0
171.6
206.5
185.5
195.7
204.9
187.6
197.1
169.8
171.9
212.7
189.6
202.7
209.7
188.2
197.8
169.9
172.1
215.0
191.3
205.2
215.9
188.7
198.3
170.2
170.8
215.8
193.5
205.9
217.0
189.8
199.0
171.3
172.2
218.0
193.7
207.8
221.2
191.6
202.8
172.7
175.0
219.1
194.2
209.4
228.2
.193.0
204.3
173.7
178.7
Textile products and apparel §.
.do...
Synthetic fibers
Dec. 1975=100Processed yarns and threads.
do...
Gray fabrics
_
.do...
Finished fabrics
do.. _
Apparel
1967=100.
Textile house furnishings
do
148.2
102.4
99.5
106.1
101.1
139.9
159.3
154.0
107.4
100.9
104.7
103.6
147.3
171.5
153.7
106.4
101.5
105.0
104.3
146.5
170.4
154.0
107.2
102.3
104.6
105.0
146.6
169.3
154.6
109.2
103.4
104.4
104.8
147.3
169.4
154.5
108.9
103.4
104.9
104.6
147.3
169.4
155.1
109. 4
102.1
103.0
" 104. 4
148.4
' 174. 4
155.2
• 109. 2
101.2
103.7
' 104.3
148.6
- 175.2
155.3
109.6
100.4
105.2
103.3
149.1
175.6
155.9
109.6
100.6
107.2
103.4
149.4
175.7
156.4
110.3
100.6
108.9
103.4
149.8
175.7
157.0
110.5
101.0
109.9
103.5
149.8
176.2
157.3
110.5
101.1
112.2
102.9
150.0
176.7
157.7
109.8
101.3
113.9
103.1
150.3
176.4
158.4
110.2
101.0
117.1
103.2
150.8
177.0
Transportation equipment 9 ...Dec. 1968=100.
Motor vehicles and equip..
1967 = 100.
151.1
153.8
161.3
163.7
158.7
161.0
159.1
161.4
159.5
161.9
159.6
161.9
' 154.6
• 109.3
• 102.8
103.3
' 104. 6
' 147.8
r 170. 8
160.7
' 163.2
•• 161.5
' 163. 9
'167 8
' 170.7
168.0
170.6
168.3
170.9
169.0
171.3
169.4
171.7
169.6
171.9
170.5
172.8
172.1
174.7
0.4
Foods and feeds, processed 9
Beverages and beverage materials
Cereal and bakery products
Dairy products
Fruits and vegetables, processed
Meats, poultry, and fish
Industrial commodities
Chemicals and allied products9
Agric. chemicals and chem. prod
Chemicals, industrial
Drugs and Pharmaceuticals
Fats and oils, inedible
Prepared paint
Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals
Nonmetallic mineral products 9
Clay prod., structural, excl. refrac
Concrete products.
Gypsum products
Pulp, paper, and allied products
Paper
Rubber and plastics products
Tires and tubes
r
Seasonally Adjusted*
All commodities, percent change from previous
month.
By stage of processing;
Crude materials for further processing. .1967=100.
Intermediate materials, supplies, etc
.do__.
Finished goods:
Consumer finished goods
do...
Food
do...
Finished goods, exc. foods
do...
Durable
...do.-.
Nondurable
.do...
Capital equipment.
.do...
By durability of product:
Total manufactures
Durable manufactures
Nondurable manufactures
do.
do..
...do.
Farm products..
...do.
Processed foods and feeds..
.do.
PURCHASING POWER OF THE DOLLAR
As measured by—
Producer prices
1967 ==$1.00.
Consumer prices
do.
$0. 546
.58:
$0.515
.551
1.0
0.4
-0.5
0.1
0.2
0.3
0.6
0.7
«0.9
1.0
1.0
1.0
0.7
225.5
201.1
222.3
202.0
213.4
201.6
209.8
202.2
205.9
202.6
205.7
203.5
207.7
204.3
214.4
205.2
a
221.6
217.2
205.9 "207.8
228.7
209.7
232.4
211.3
238.3
212.3
238.9
213.6
178.1
189.6
170.7
150.6
184.2
181.7
179.6
192.
171.5
151.3
185.2
182.8
179.5
190.3
172.4
151.9
186.1
183.7
179.5
189.9
172.6
152.4
186.2
184.5
179.7
189.4
173.0
153.6
186.1
185.5
180.2
188.9
174.2
153.9
187.6
186.4
180.8
189.4
174.8
154.9
188.0
188.9
181.
191.7
175.4
155.4
188.7
189.9
182.7 • 184.0
192.6 • 194.7
176.9
176.0
157.1
156.0
190.2
189.5
192.0
191.1
186.3
200.4
177.5
157.6
190.8
193.3
187.3
202.0
178.3
158.6
191.4
194.5
190.3
205.8
180.7
163.1
192.2
195.6
191.5
206.8
182.1
165.1
193.1
197.3
189.3
185.4
192.8
190.4
186.
194.9
190.4
186.5
193.7
190.5
188.3
192.2
190.9
189.5
191.5
191.5
191.1
191.4
192.3
192.2
192.0
193.7
193.2
193.5
194.7 • 196. 2
194.2 •196. 2
194.4 •195.7
198.3
197.9
198.0
199.5
199.1
199.1
201.3
201.1
200.7
202.6
202.4
202.5
208.8
189.1
203.4
192.
192.3
189.2
188.0
184.7
181.8
184.7
181.1
183.6
183.5
184.8
189.2
188.1
188.7 a 192.0
190.8
189.
197.4
195.2
206.7
198.6
214.2
201.0
214.2
202.7
$0.515
.557
$0.512
.554
$0.514
.550
$0.513
.548
$0.514
.546
$0,512
.543
$0,509
.542
$0,508
.539
$0,500
".534
$0,495
.531
$0,491 $0,484
.522
.527
$0,481
r
h
Revised.
« See note "J" for this page.
Beginning Jan. 1978, based on CPI-U; see
note "IT for p. 8-8.
d" See corresponding note on p. 8-8.
9 Includes data for items not
shown separately.
§ Effective with Jan. 1976 reporting, the textile products group has been
. (Pt. l) O - 78 - S2
$0.505
.537
extensively reclassifled; no comparable data for earlier periods are available for the newly
introduced indexes.
% Beginning in the February 1978 SURVEY, data have been revised
(back to 1973) to reflect new seasonal factors.
SUEVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
1978
1977
Apr.
Annual
June 1978
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE J
New construction (unadjusted), total
169,734
13,141
14,608
15,774
15,960
16.539
16,552
16,278
15,393
13,670
11,600 '11,447 '13,384
15,092
109,500
60,520
47,277
132,701
80, 353
65,145
10,382
6,216
4,839
11,407
7,108
5,518
12,137
7,641
6,037
12,386
7,865
6,306
12,719
8,039
6,471
12,729
7,912
6,494
12,623
7,705
6,503
12,221
7,355
6,284
10,943
6,424
5,369
9,374
9,245 '10,818
5,321 ' 5,252 ' 6,283
4,309
4,271 ' 5,145
11,973
7,085
5,673
26,091
7,183
12,756
28,009
7,180
14,606
2,204
2,254
2,394
2,497
2,595
2,677
2,704
2,622
2,344
2,074
2,095
582
600
602
620
656
675
667
644
1,142
1,265
1,329
1,452
1,471
1,390
1,200
554
565
1,108
658
mil. $.. 147,481
Private, total 9 . _
Residential (including farm)
New housing units
do
do
An
Nonresidential buildings, except farm and public utilities, total 9
mil $
Industrial
do
Commercial
do
Public utilities:
Telephone and telegraph
do
Public total 9
Buildings (excluding military) 9
Housing and redevelopment
Industrial
Military facilities
Highways and streets
768
1,402
3,777
4,325
333
364
401
354
410
401
411
416
384
294
296
423
37,032
2,759
3,201
3,637
3,574
3,820
3,823
3,656
3,171
2,727
2,226
'2,202
' 2,567
3,120
do
do
do
do
do
13 214
12 448
998
1,005
1 126
1,132
1,147
1,189
1,101
1,063
1,045
941
'922
1,162
886
66
96
120
76
95
136
98
105
131
91
91
127
71
101
124
86
106
133
81
95
114
69
101
112
1 035
1,138
1,047
1,081
789
54
96
114
'51
'93
1,087
61
98
118
494
64
96
118
628
971
1 508
9,754
1,143
1,476
9,175
Residential (including farm)
do
New housing units
do
Nonresidential buildings, except farm and public utilities, total 9
hil s
Industrial
do
Commercial
do
Public utilities:
Telephone and telegraph
do
Buildings (excluding military) 9
Housing and redevelopment
Industrial
Military facilities
Highways and streets
2,733
2,463
'720
1,097 ' 1,242
37,981
An
Public, total 9
1,081
do
New construction (seasonally adjustec at annual
rates), total
bil $
Private, total 9
1,380
r
583
809
1,073
314
'116
'258
61
106
119
534
369
167.5
172.1
174.6
173.5
172.4
175.1
174.4
173.1
176.7
171.3 ' 178.1 ' 185 8
192.1
131.3
133.7
135.2
134.2
134.2
135.8
136.7
137.5
140.5
137.3
143.6
'149.5
151.7
79.5
63.5
82.4
65.8
82.5
66.0
81.2
65.1
81.0
65.1
81.7
66.4
83.0
68.8
84.0
70.4
87.2
73.0
81.1
65.4
86.9
70.6
90.0
73.5
90.8
74.4
27.4
27.0
28.5
29.2
29.2
29.9
29.8
29.6
7.7
15.4
28.0
71
14.7
28.5
28.4
'31 7
34.0
7.3
7.2
13.9
13.8
7.1
15.2
7.2
15.5
7.6
15.3
7.5
16.1
7.6
15.8
7.5
15.0
7.6
15.0
9.6
'93
17.6
' 16 2
4.0
4.3
4.4
4.3
4.5
4.5
4.6
4.6
4.5
4.9
4.4
4.9
do
36.2
38.4
39.4
39.2
38.2
39.3
37.7
35.6
36.3
33.9
'34.5
'36.3
40.4
do
do
do
do
12.4
12.2
13.1
13.8
12.7
12.2
12.1
10.8
.8
1.4
1.5
9.4
.9
1.4
1.5
8.9
.8
1.1
1.4
9.5
13 2
1.2
1.1
1.6
.7
1.3
1.3
8.3
12 4
14.4
1.0
1.0
1.6
9.8
1.0
1.3
1.5
9.5
12 4
' 12.9
.9
1.1
1.5
9.1
13.4
.8
1.1
1.4
7 3
.8
1.1
1.5
6.7
1 0
1 4
10, 445
9,390
9,695
12 345
299
270
266
254
279
An
6
1.1
1.4
7.9
9
.8
1.2
1.5
8.3
'77
CONSTRUCTION CONTRACTS
Construction contracts in 50 States (F. W. Dodge
Division, McGraw-Hill):
Valuation, total
mil $
Index (mo data seas adi)
1Q67 —100
Public ownership
Private ownership
By type of building:
Nonresidential
Residential
Non-building construction
New construction planning
(Engineering News-Record) O
110,061
l 199
139,213
1
252
12,079
15,932
15,417
13,713
10,581
10,391
317
307
11,246
'209
14,231
250
2G7
279
244
258
mil $
do
29,254
80,807
36,902
102,310
2,576
9,502
2,956
12, 976
5,424
9,993
2,688
8,558
3,458
10,772
3,249
10,464
2,855
7, 725
3,100
7,290
3,486
6,959
2,499
6,891
2,239
7,456
3 131
9 214
3,594
9,595
do
do
An
30,035
44,169
35 857
35,299
61, 433
42,481
2,890
5,266
3,922
3,047
5,660
7,225
3,063
5,945
6,409
2,997
5,548
2,702
3,785
6,148
4,297
3,617
5,518
4,578
3,154
5,452
1,975
3,107
5,281
2,003
3,370
4,305
2,770
2,809
3,884
2,697
2,905
3,862
2,929
3 429
6 139
2 776
3,470
6,854
2,864
do
88,457
91,702
5,526
6,979
7,045
6,844
7,736
9,091
8,238
7,313
12,700
6,885
10,349
10,470
7,014
6,556
1, 547. 6
1,048.3
1,537.5
1,162.4
1, 989.8
1, 377. 9
1,987.1
1,450.9
182.4
126.4
182.2
138.8
201.3
134. 7
201.3
152.2
197.8
131.1
197.6
149.1
189.8
130.3
189.8
138.2
194.2
129.9
194.0
140.5
177.8
121.2
177.7
131.6
193.2
130.1
193.1
135.4
155. 9
110.0
154.8
109.3
129.4
95.3
129.2
»7.1
88.6
67.5
88.6
63.3
199.1
143.1
199.1
140.8
212.8
147.5
212.8
155.9
1,899
1,433
1,982
1,469
1,931
1,406
2,072
1,453
2,038
1,454
2,012
1,508
2,139
1,532
2,096
1,544
2,203
1,574
1,548
1,156
1,569 ' 2 047 ' 2,181
1,103 * 1,429 ' 1,500
2,075
1,488
1,587
1,057
13,189
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total (private and public)
Tnside SMSA's
Privately owned
One-family structures
thmis
do
do
do
Seasonally adjusted at annual rates:
Total privatelv owned
One-family structures
do
An
New private housing units authorized by building
permits (14,000 permit-issuing places):
Monthly data are seas. adj. at annual rates:
Total.
t.hnne
An
One-family structures
Manufacturers' shipments of mobile homes (Manufactured Housing Institute):
Unadjusted
thous..
Seasonally adjusted at annual rat°s
do
r
101.3 ' 172. 3
75.2 '121.6 '
101.3 r 172.1 '
72.8 ' 121.4 '
1,296
894
* 1,690
r 1, 126
1,655
1,088
1,656
1,099
1,739
1,114
1,678
1,114
1,770
1,148
1,695
1,139
1,781
1,186
1,822
1,218
1,778
1,188
1,526
1,032
1,534
957
2 246.1
276.8
24.2
252
24.9
251
26.8
264
22.3
251
27.3
270
26.8
300
27.4
319
22.6
318
18.3
318
18.8
322
18.7
265
24.5
284
23.1
252
1 647 'r 1,740
1,157
1,037
CONSTRUCTION COST INDEXES
Dept. of Commerce composited1
1972=100..
143.5
156.6
152.7
154.4
156.2
155.2
157.1
158.4
160.9
163.7
165.3
166.6
167.0
167.5
168.8
American Appraisal Co., The:
Average, 30 cities
Atlanta
New York
San Francisco
St. Louis...
1913-100
do
do
do
do
1,870
2,009
1,943
1,906
1,803
1,998
2,141
2,065
2,063
1,905
1,949
2,112
2,003
2,022
1,864
1,967
2,116
2,012
2,027
1,868
1,988
2,118
2,013
2,029
1,895
2,014
2,143
2,115
2,044
1,921
2,037
2,181
2,132
2,082
1,942
2,049
2,190
2,136
2,140
1,946
2,051
2,182
2,127
2,134
1,938
2,061
2,187
2,129
2,134
1,959
2,068
2,187
2,131
2,147
1,967
2,088
2,197
2,162
2,167
1,986
2,095
2,247
2,162
2,195
1,990
2,111
2,270
2,174
2,195
2,003
2,124
2,283
2,181
2,220
2,029
Boeckh indexes:
Average, 20 cities:
147.8
137.3
148.6
Apartments, hotels, office buildings§ 1972 = 100
151.6
141.5
152.8
Commercial and factory buildings
do
147.0
136.2
148.5
Residences...
...
. . .
do .
r
2
Revised.
v Preliminary.
i Computed from cumulative valuation total.
Unadjusted data for Jan.-Dec. 1976 and seasonally adjusted data for Jan. 1974-Dec. 1976 will be
available later.
JData for new construction have been revised back to Jan. 1973. The revised data are
available from the Bureau of the Census, Washington, D.C. 20233.
©Data for June, Sept., Dec. 1977, and Mar. 1978 are for 5 weeks; other months, 4 weeks.
2,137
2,294
2,191
2,216
2,066
156.7
151.5
152.5
154.0
155.3
163.0
158.5
155.7
157 5
160.9
158.8
152.2
153.2
155.5
157.5
9 Includes data for items not shown separately.
cfThis index has been revised to a new comparison base (1972=100); monthly data back
to Jf».ri. I9fi* are available nnnn renuest.
§These indexes are restated on the 1972=100 base; monthly data for earlier periods will be
available later.
149.9
154.2
149.9
OF CURRENT BUSINESS
June 1978
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
Annual
S-ll
1977
Apr.
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
237.9
248.5
237.9
248.8
239.1
249.6
239.6
250.7
240.1 i 244.7
251.2 1 254 4
May
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES—Con.
Engineering News-Record:
Building
Construction
.- - 1967=100
do
210.9
223.4
228.6
240.0
Federal Highway Adm.—Highway construction:
Composite (avg. for year or qtr.)
1967 — 100
199.3
216.4
222.9
235.0
223.0
234.1
225.2
236.5
227.8
240.1
230. 0
243.0
215.4
234.9
246.2
239.6
249.0
237.4
247. 6
233.0
215.9
219.5
CONSTRUCTION MATERIALS
Output index:
Cmrmosilp unadiiistpd Q cf
Seasonally fidiiistftdc?'
1947-49~~ 100
do
Iron and steel products, unadjusted
do
Lumber and wood products unadjusted do
Portland cement, unadjusted
do
174 3
141.9
191.2
192.3
179 0
174 8
208.7
149.0
201.2
213.6
156.8
167.0
146.0
170.5
161.1
149.4
142 1
238.3
269.5
243. 9
272.3
250.9
258.5
205.1
156.3
91.7
109.6
10.8
125
19.7
214
12.3
123
18.4
202
9.1
96
20.0
215
9.2
112
17.3
208
10.0
112
19.9
209
9.6
109
15.8
188
7.9
98
15.8
196
9.1
117
15.4
190
6.7
95
12.8
205
7.2
116
15.3
226
7.2
96
13.7
181
REAL ESTATE1
Mortgage applications for new home construction:
FHA net applications
thous. units..
Seasonally adjusted annual rates . . do
Requests for VA appraisals
do
Seasonally adjusted annual rates
do
95.0
113.3
183.4
211.8
10.4
111
18.1
191
11.0
134
18.9
215
12.0
114
16.3
171
Home mortgages insured or guaranteed by—
Fed. Hous. Adm.: Face amount
mil. $.. 6,362.12 8,840. 84 654. 86 996.87 654.11 680. 64 948. 09 715.93 765.65 895.80 543.88 811. 39 785. 78 963.10 714. 60 868.92
Vet. Adm.: Face amount §_ . . .
do
10 414.77 13,753 02 903 75 1 137 86 1 184 57 942 53 1,527.21 1 541.53 1 070.96 1,311.79 1 216.71 1,586.68 1,411.86 1, 344. 91 988.96 1,180.30
Federal Home Loan Banks, outstanding advances
to member institutions, end of period
mil. $..
New mortgage loans of all savings and loan associations, estimated total
mil. $._
By purpose of loan:
Home construction. _
do
Home purchase . . .
do
All other purposes
do
Foreclosures.
15, 862
20,173
14,952
15,148
15,717
15,861
16,369
17,054
17,746
18,492
20,173
20,422
20,845
21,278
22, 957
78,776
107,368
8,963
9,796
11,265
9,660
10,889
9,865
9,277
9,138
9,233
7,116
6,829
' 9,419
8,976
14 812
48,245
15,719
20, 717
66,060
20,591
1 757
5,424
1,782
1 918
6 019
1,859
2 104
7,102
2,059
1 840
6,180
1,640
2,083
6,944
1,862
1 893
6,237
1,735
1 800
5,696
1,781
1 780
5,550
1,808
1,752
5,448
2,033
1,380
4,212
1,524
1,365
4,022
1,442
' 2, 113
' 5,502
r 1, 804
1,988
5,244
1,744
3,558
'3,764
323
306
304
310
338
285
274
259
'322
'310
'379
385
357
23, 664
number
Fire losses (onbldgs., contents, etc.)
mil. $..
DOMESTIC TRADE
ADVERTISING
McCann-Erickson national
seasonally adjusted:
Combined index
Network TV
Spot TV
Magazines
Newspapers
advertising
index,
1967=100.
do
do...
do...
do.
207
231
223
172
197
199
227
210
166
184
210
229
225
184
198
205
239
215
176
178
209
234
234
169
193
217
241
240
168
221
209
225
230
180
198
217
247
220
175
225
219
252
229
180
205
215
231
233
191
203
226
247
267
182
211
215
234
250
188
212
221
235
260
203
180
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
1,965.4
69.6
176.6
36.2
201.8
150.5
176.6
200.5
122.3
173.1
221.4
7.2
20.6
4.6
9.7
1.4
9.4
8.5
3.9
8.4
17.4
21.3
17.2
13.7
21.3
14.1
150. 7
3.5
15.9
3.3
17.8
12.0
119.1
7.1
14.1
10.7
16.9
11.9
20.2
16.1
222.3
8.6
20.9
3.2
18.6
18.4
177.6
5.9
13.7
2.2
17.5
13.3
130.3
3.8
12.1
1.8
12.3
8.8
160.2
3.7
17.5
2.1
16.1
13.5
193.5
7.6
19.5
4.1
17.7
18.0
212.7
9.2
20.9
6.0
19.8
15. 7
9.6
7.2
7.1
2.5
1.8
17.0
45.7
6.9
6.0
2.9
2.2
10.5
11.9
17.7
13.3
17.8
40.0
15.8
76.2
20.8
90.7
18.9
14.8
5.1
3.4
19.5
91.1
22.5
8.9
3.7
2.5
17.5
69.9
7.2
6.7
4.0
2.1
14.7
56.8
10.3
8.7
3.8
3.0
1G. 1
65.4
13.0
13.2
4.8
4.3
10.0
75.2
12.9
14.7
4.8
3.7
17.2
87.9
586.7
16.7
151,5
17.6
86.5
314.4
584.2
14.1
128. 5
14.5
81.6
345.5
524.8
8.3
105. 9
14.6
56.1
340.1
488.2
11.1
142.0
18.4
67.7
249.0
458. 5
13.7
129.7
11.3
64.4
239.4
555.6
15.5
152.8
16.2
69.6
301.4
621.0
14.4
177.5
19.8
84.4
324.8
54,251
25,369
28,882
56, 034 56,244 52,143 52,766 ' 62,900
25, 340 24, 797 22,869 23,880 ,'28,985
30,694 31,427 29,274 ' 1,886 -33,915
60,556
28,927
31,629
Beer, wine, liquors
do.
Household equip., supplies, furnishings..do.
Industrial materials
do.
Soaps, cleansers, etc
do.
Smoking materials
do.
All other
do.
4.5
4.6
io!5
1.7
13.0
10.4
132.3
112.8
49.5
33.9
194. 5
807.7
11.0
4.7
11.2
15.0
6.0
13.7
74.0
16.9
79.4
10.6
7.7
4.1
2.0
15. 7
58.1
Newspaper advertising expenditures (64 cities): ©
Total
mil. $. 5,352.0 5,996.7
Automotive
do . .
127.0
154. 5
Classified
d o . . . 1,341.8 1, 569. 6
Financial
do...
160.8
147. 6
General
...
. d o
803. 6
731.0
Retail
d o . . . 3,004. 6 3,308.0
492.6
14.5
133.6
13.9
69.0
261.7
555. 7
14.8
146.9
13.0
81.8
299.3
505. 5
13.3
136.3
14.7
66.1
275.1
456. 5
11.2
142.7
13.4
48.9
240.4
472.0
10.9
141.3
54.9
255.4
501.3
12.0
134.0
13.3
72.2
269. 8
53,357
23,356
30,001
54,633
24,159
30,474
55,794
25,292
30,502
51,290
22,915
28,375
bo,597
25,998
29,599
54,505
25,461
29,044
3.7
4.2
9.4
5.3
2.9
4.5
4.8
3.5
WHOLESALE TRADE O
Merchant wholesalers sales (unadj.), total O mil. $.. 580,894
Durable goods establishments
do
246,732
Nondurable goods establishments
do
334,162
642,104
285,605
356,498
Merchant wholesalers inventories, book value,
end of year or month (unadj.), total O mil. $..
68,555 65,042 64,088 64,117
Durable goods establishments
do
43,676 40,168 40,763 41,593
24,879 24,874 23,324 22, f»23
Nondurable goods establishments
do..—
' Revised.
v Preliminary.
i Index as of June 1, 1978: Building, 246.2; construction,
256.3.
9 Includes data for items not shown separately.
§ Data include guaranteed
direct loans sold.
If Home mortgage rates (conventional 1st mortgages) are under money and interest rate
on p. S-18.
0Source: Media Records, Inc. 64-City Newspaper Advertising Trend Chart.
d*Monthly
revisions back to Jan. 1974 will be shown later.
63,666 64,105 65, 291 66, 530 68, 082 68,555 69,596 71,156 73,931 74,072
41,738 42,142 42,484 42,627 43, 252 43,676 44,287 45,757 47.275 47,565
21,928 21,963 22,807 23,903 24,830 24,879 25,309 25,399 26; 656 26, 507
©Beginning Nov. 1977 SURVEY, data revised to reflect new sample design, benchmarking
to the 1967 and 1972 Censuses, conversion of the classifications to the 1972 SIC, addition of
farm assemblers and bulk petroleum establishments, and revision and updating of seasonal
factors. Revisions back to Jan. 1967, as well as a summary of the changes, appear in the report,
Monthly Wholesale Trade: January 1967-August 1977 (Revised) available from the Census
Bureau, Washington, D.C. 20233.
The revisions back to 1967 also appear on p. 34ft of the
May 1978 SURVEY.
CURRENT BUSINESS
SUKVEY
S-12
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
June 1978
1978
1977
1977
Apr.
Annual
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
DOMESTIC TRADE—Continued
RETAIL TRADE
All retail stores: 1[
Estimated sales (unadj.), totals
642,507
708,344
58,634
58,893
60,027
59,835
60,702
58,341
60,836
61,975
74,219
52.146
52,479
63,334 ' 62,196
65,926
210,530
Durable goods stores 9
...
...do
Building materials, hardware, garden supply,
and mobile home dealers 9
mil. $.. 32,226
Building materials and supply stores .do
22,206
Hardware stores. _
_
do
5,659
125,685
Automotive dealers 9
-do
115,596
Motor vehicle dealers
do.
10,089
Auto and home supply stores
.do.
238,813
20,559
20,961
21,829
20,553
21,182
19,551
20,788
20,049
21,228
16,314
17,230
21,863 ' 22,161
24,023
37,958
28,622
6,430
143,682
131,418
12,264
3,251
2,189
579
12,851
11,800
1,051
3,515
2,338
592
12,878
11,850
1,028
3,622
2,538
593
13,555
12,456
1,099
3,493
2,485
585
12,520
11,462
1,058
3,657
2,669
556
12,713
11,641
1,072
3,547
2,587
549
11,327
10,273
1,054
3,591
2,599
567
3,229
2,307
556
2,963
1,928
648
2,419
1,664
'387
12,418
11,313
1,105
11,551
10,448
1,103
10,927
9,812
1,115
2,304
1,591
389
9,976
9,071
905
10,710
9,872
838
31,368
18,665
9,784
34,499
22,893
15,454
2,730
1,691
825
2,763
1,715
823
2,852
1,782
851
2,884
1, 751
907
2,946
1,823
881
2,842
1,695
885
2,911
1,761
887
3,179
1,937
966
3,815
2,058
1,328
2,513
1,515
770
2,523
1,541
732
••2,882
' 1,761
.do
.do
do.
do.
431,977
79,258
62,900
7,598
469,529
86,231
71,583
13,958
38,075
6,911
5,470
673
37,932
6,860
5,457
635
38,198
6,887
5,487
645
39,282
6,920
5,492
655
39,520 38,790
7,258 7,143
5,837 5,797
589
639
40,048
7,616
6,179
639
41,926
8,986
7,290
706
52,991
14,572
11,817
1,308
35,832
5,368
4,325
450
35,249
5,488
4,404
482
41,471
' 7, 317
' 5,867
'605
do
do
do
145,939
136,100
51,265
156,313
145,900
56,603
13,047
12,172
4,631
12,846
11,984
4,826
13,102
12,208
4,864
13,783
12,900
5,113
13,082
12,220
5,070
13,194
12,349
4,787
13,169
12,250
4,856
13,135
12,265
4,721
14,894
13,787
4,918
12,880
12,043
4,537
12,017 14,333
11, 796 13,374
4,313 ' 4,804
13,634 14,227
12,744 13,251
' 4, 757 i 5,019
.do.
do
33,188
6,683
33,527
6,594
2,754
542
2,543
508
2,524
526
2,465
2, 733
495
2,694
484
2,891
543
3,166
675
4,899
1,088
2,217
458
2,080 r 2,847
402
'509
' 2,716 i 2,792
508
Women's clothing, spec, stores, furriers -do
Shoe stores
,
do
Eating and drinking places
do
Drug and proprietary stores
do
Liquor stores
do
Mail-order houses (dept. store mdse.)§._do
12,702
5,575
12,814
5,832
1,010
505
975
435
939
424
929
436
1,038
504
1,083
520
1,160
519
1,206
609
1,847
720
829
413
814 ' 1, 073
364
'509
58,008
20,716
12,734
6,099
63,891
5,250
1,797
1,066
5,466
1,825
1,064
5,607
1,828
1,087
5,844
1,831
1,135
1,833
1,067
5,485
1,794
1,028
473
463
470
5,491
2,685
1,583
702
573
549
5,261
1,849
1,106
878
4,857
1,820
945
514
5,508
1,847
1,067
720
60,778
61,588
62,054
20,895
20,733
20,915
.mil. $_
Furniture, home furn., and equip
do
Furniture, home furnishings stores...do
Household appliance, radio, TV
do
Nondurable goods stores
General merch. group stores
Department stores
Variety stores
_
Food stores
G rocery stores
Gasoline service stations..
Apparel and accessory stores
Men's and boys' clothing. __
Estimated sales (seas, adj.), totals
13,084
6,751
.do.
58,142
58,003
57,825
58,552
59,020
59,014
19,833
19,516
19,436
19,505
19,984
19,763
3,135
2,190
544
12,055
11,069
986
2,836
1,721
884
3,129
2,187
543
11,734
10,763
971
2,843
1,714
887
3,143
2,211
540
11,700
10,712
3,175
2,230
552
11,652
10,666
2,815
1,726
2,891
1,750
38,309
7,059
5,588
679
38,487
7,066
5,629
663
38,389
7,094
5,635
689
do.
...do
___do"
12,933
12,060
4,723
13,085
12,235
4,710
Apparel and accessory stores._.
...do.
Men's and boys' clothing.
do
Women's clothing, spec, stores, furriers-do.
Shoe stores
do.
2,726
554
1,033
454
Eating and drinking places
do
Drug and proprietary stores
do
Liquor stores
do.
Mail-order houses (dept. store mdse.)§_do.
5,232
Durable goods stores 9
do
Building materials, hardware, garden supply,
and mobile home dealers 9
mil. $.
Building materials and supply stores.do...
Hardware stores
,.,.do_._
Automotive dealers
Motor vehicle dealers
Auto and home supply stores
do.
do.
.-.do.
Furniture, home furn., and equip. 9...do
Furniture, home furnishings stores., do
Household appliance, radio, TV
do
Nondurable goods stores
General merch. group stores
Department stores
Variety stores
Food stores
Grocery stores
Gasoline service stations..
,
do.
do
do_.
do
Estimated inventories, end of year or monthrf
Book value (unadjusted), totalf
mil. $
Durable goods stores 9
do
Building materials and supply stores.do
Automotive dealers
do.
Furniture, home furn., and equip
dol.
Nondurable goods stores 9
General merch. group stores
Department stores
Food stores
Apparel and accessory stores
do
do"
do
r)o_.
do..
Book value (peas, adj.), totalfdo
Durable goods stores 9
do
Building materials and supply stores.do
Automotive dealers
do
Furniture, home furn., and equip.._.do
3,382
2,181
520
12,273
11,218
1,055
2,921
1,761
857
41,103 41,752
7,763 ' 7,866
6,309 ' 6,336
660
'659
13,906
12,977
4,952
41,139
8,276
6,646
696
13,203
12,299
4,761
13,569
12,644
4,798
13,406
12,898
4,898
13,636
12,704
4,796
2,696
530
1,064
467
2,855
559
1,111
513
3,027
640
1,140
541
2,875
568
1,123
515
2,723
533
1,017
502
5,372
1,853
1,067
558
5,529
1,892
1,007
545
5,384
1,889
1,084
603
5,486
1,894
1,106
576
5,469
2,008
1,089
580
5,415
1,944
1,104
609
2,714
527
1,017
474
2,782
548
1,062
482
1,093
564
5,283
1,845
1,101
522
5,262
1,844
1,096
561
5,346
1,874
1,087
571
598
21,903
40,855
7,822
6,306
641
2,663
528
1,000
449
'541
20,938
3,008
1,807
941
2,700
535
1,020
462
437
20,558
3,030
1,833
934
13,099
12,251
4,693
4,761 ' 5, 610 ' 5, 750
1,793 ' 2,010 '1,872
1,044
928
'996
19,802
12,634
11,584
1,050
13,005
12,171
4,712
1,116
555
62,690
12,398
11,295
1,103
13,080
12,237
4,827
40,035 41,903
7,417 i 7, 992
' 5,987 i 6,443
643
r
61,661
3,224
2,096
529
11,963
10,850
1,113
2,793
1,704
842
40,073
7,432
6,066
628
13,014
12,168
4,696
13,092
1,836
845
59,875
3,149
2,224
513
39,047
7,452
5,966
707
3,116 ' 3,538 i 4,027
' 2,139
2,380
'503
575
14,008 13,877 14,723
12,940 12, 779
1,098
-•1,068
63,878
3,260
2,300
536
3,428
3,297 2,422
3,229
566
2,
335
2,287
550 12,540
543
11,439
11,980 11,694
1,101
10,972 10.613
1,081
1,008
2,920 2,842 2,942
1,757
1,695
1,772
918
885
898
39,036 39,251 39,883
7,363 7,403 7,716
5,944 5,952
6,248
650
644
627
1,834
440
r
' 3, 341 ' 3,512
' 2,247
2,444
'542
561
12,683 13,340
11,605 12,287
'1,078
1,053
' 2,887 ' 3,032
1,907
' 1,737
'867
6,037
2,017
63,775
21,686
13,511
12,870
3,133
41,975 42,089
' 8,023 i 8,195
' 6, 431 i 6,581
685
13,900 14,176 14,241
12,947 13,275 13,278
' 4,983 ' 4,869 i 4,887
2,755 '2,885 ' 2,995 i 2,924
549
537
'571
1,148
1,054 ' 1,195
509
485
'534
5,510 ' 5, 772 ' 5,808 i 5,766
1,957 ' 1, 992 ' 1, 987 12,013
1,043
1,101 ' 1,106
596
550
'574
76,115
35,895
6,083
18,031
6,070
85,148
40,372
6,659
20,296
7,197
81,885
38,672
6,718
19,542
6,533
82,141
38,863
6,764
19,524
6,601
82,639
39,019
6,689
19,569
6,703
82,485
38,829
6,608
19, 379
6,651
82,245
37,233
6,614
17,583
6,707
84,843
37, 950
6,734
17,639
6,973
88,194
39,148
6,663
18,473
7,105
90,527
40,434
6,705
19,519
7,301
85,148
40,372
6,659
20,296
7,197
85,092
40,927
6,875
20,665
7,116
86,333
41, 662
7,180
20,917
7,157
89,825
42, 670
7,352
21,424
7,304
40,220
13,660
10, C61
8,880
6,693
44,776
16, 571
12,215
9,198
7,282
43,213
15,764
11,637
8,902
7,136
43,278
16,074
11,845
8,977
7,081
43,620
16,325
11,948
9,002
7,111
43,656
16,557
11,964
8,871
7,127
45, 012 46,893
17,497 18,410
12,641 13, 341
8,781
8,921
7,372 7,788
49, 046
19,852
14,626
9,183
8,080
50,093
20,382
15,204
9,166
8,237
44,776
16,571
12,215
9,198
7,282
44,165
16,502
12,136
8,948
6,982
44,671
16,911
12,266
8,963
7,172
47,155
18,561
13, 662
9, 280
7,366
78, 045
36,417
6,336
18,195
6,064
87,073
40,534
6,936
20,055
7,190
80.957
37,615
6,522
18,594
6,579
81,696
37,925
6,554
18, 683
6,654
82,636
38,282
6,519
18, 962
6,737
83,483
39,005
6,621
19,437
6,725
84,462
39,303
6,654
19, 515
6,741
85,215
39,559
6,809
19,341
6,877
85,322
39,589
6,730
19,404
6,858
86,299
40,087
6,828
19,756
6,973
87,073
40,534
6,936
20,055
7,190
87,708
41,060
7,066
20,300
7,269
87,642
41,369
7,173
20,249
7,348
89,097
41,521
7,166
20,269
7,423
44, 354 44,478 45,159 45,656 45,733 46,212 46,539 46, 648 40,273 47, 576
16,541 16,776 17,335 17,624 17,824 18,116 18,097 18,237 18,087 18,952
12,155 12,246 12,616 12,828 13,047 13,313 13, 321 13,455 13,203 13, 927
9,317
9,044
9,038
9,053
8,805
9,075 9,006 8,960 9,002 8,968
7,418
7,494
7,581
7,641
7,536
,310
",306 7,361
7,413
7,316
changes,
appear
in
the
report,
Monthly
Retail
Sales:
January
1967-August
19/7 (Revised),
' Revised.
i Advance estimate.
^Effective N o v . 1977 SURVEY OF C U R R E N T B U S I available from the Census Bureau, Washington, D.C. 20233.
9Includes data not shown
S s ' ^ t i m a t e s have been revised to reflect a new sample design, benchmarking to the 1967
separately.
§Includes sales of mail-order catalog desks within department stores of maila n a 1972 Censuses, redefinition of sales to exclude sales taxes and finance charges, classifications based on the 1972 Standard Industrial Classification (SIC), and revision and updating
order firms. ISeries revised, beginning Jan. 1967, to reflect the 1972 SIC designations.
or seasonal adjustment factors. Revisions back to Jan. 1967, as well as a summary of the
Revised historical data appear on p. 34 ff. of the May 1977 SURVEY.
Nondurable goods stores 9
General merch. group stores
Department stores
Food stores
Apparel and accessory stores
do...
do
do
do...
do...
41, 628
14,893
10,960
8,732
7,016
46,539
18,097
13,321
9,053
7,641
43,342
15,791
11,614
8,920
7,186
43,771
16,130
11,845
9,013
7,196
S-13
SURVEY OF CURRENT BUSINESS
June 1&78
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of B U S I N E S S S T A T I S T I C S
1976
1977
1978
1977
Apr.
Annual
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
21,037
22,783
30,601
17,556 '17,477
Feb.
Mar.
Apr.
21,496
20,941
May
DOMESTIC TRADE—Continued
RETAIL TRADEJ— Continued
Firms with 11 or more stores:
Estimated sales (unadjusted), totalt
mil. $_
H9,309
19,331
20,007
20,255
20,202
Durable goods stores
Auto and home supply stores
do.
do.
2 1,528
2 242
1,545
279
1,532
258
1,558
260
1,541
249
1,607
267*
1,674
269
2,207
274
1,162
204
Nondurable goods stores 9
General merchandise group stores
Department stores.
Variety stores
Miscellaneous general stores
do..
do..
do..
do.
do.
217,781 17,786
" ".,084 6,110
2 5,123 5,177
489
2 506
444
2 455
18,475
6,127
5,188
487
452
18,697
6,473
5,529
495
449
18,661
6,381
5,483
461
437
19,430
6,808
5,837
494
477
21,109
8,092
6,898
553
641
28,394
13,149
11,165
1,043
941
16,394
4,764
4,109
329
326
2 6,914
2 6,820
6,985
6,891
7,433
7,339
6,989
6,894
7,178
7,097
7,143
7,058
7,153
7,073
8,161
8,046
2 877
864
835
1,006
1,043
1,145
1,788
'673
' 1,032
2 355
2 225
2 218
348
230
192
347
208
192
416
245
242
395
223
258
433
242
247
463
272
262
747
467
366
276
163
183
'287
158
163
do.
do.
2 992
964
819
1,102
840
1,010
835
1,030
861
870
1,050
1,440
932
860
'921
'825
do_
do.
do.
do.
do
219,682
2 226
2 5,287
2 528
2 7,009
19,654
244
5,315
523
7,017
20,499
245
5,633
525
7,070
20,205
245
5,630
20,396
255
5,629
491
7,133
20,492
261
5,902
503
7,079
21,525
271
5,967
502
7,152
21,917
256
6,2bO
555
7,178
406
'432
221
'226
243
279
r 1, 122 1,132
902
'974
22,247
21,476
267
251
' 5,984 6,145
519
'498
' 7,484 7,754
Apparel and accessory stores
do.
Women's clothing, spec, stores, furriers.do.
Shoe stores
do
Drug stores and proprietary stores
"do"
2 921
2 362
2 236
907
978
396
225
895
1,017
428
227
844
954
379
227
887
1,035
425
251
892
1,089
443
260
919
1,023
418
243
952
Food stores
Grocery stores
do..
..do.
do
Apparel and accessory stores 9
Women's clothing,
g, specialty
p y
stores, furiers
riers
_
mil. $__
Family clothing stores
do
Shoe stores
do.
_
Eating places
Drug stores and proprietary stores
Estimated sales (seas, adj.), total! 9
Auto and home supply stores
Department stores
_
._
Variety stores.
Grocery stores
All retail stores, accts. receivable, end of yr. or mo.
Total (unadjusted)..
mil. $
Durable goods stores...
"I" I .do.."
Nondurable goods stores
Idol"!!
Charge accounts
Installment accounts.
1,194 r 1, 508 1,602
'190
'262
292
' 16,283 19,988 19,339
4,875 '6,511
6,607
4,183 ' 5,565 5,690
'359
'493
460
'333
'453
455
7,022 ' 6,877
6,792 ' 7,776
6,939
20,703 ' 21,264
'252
255
5,723 5,993
'489
480
7,213 • 7,488
925
373
233
980
'423
229
'934
' 1,020
'439
253
'971
7,403
7,320
966
1,076
467
265
983
32,153 r 34,149
9,515 ' 10,089
22,638 '24,060
30,755 31,435
9,028 9,965
21,127 21,470
31,259 30,922
10,218 10,120
20,988 20,802
330,181
310,061
320,120
30,484
10,074
20,410
30,986
10,216
20,770
31,733
10,097
21,636
34,149 32,454 31,692 31,650 31,630
10,089 9,445 '9,369 ' 9, 531 9,774
24,060 23,009 22,323 22,119 21,856
_
do.
"JiV.V.doiV.
12,889 r 10,659
19,264 '23,490
12,881 13,418
17,874 18,017
13,254 12,824
18,005 18,098
3 9,720
320,461
9,910
20,574
10,116
20,870
10,200
21,533
10,659
9,928 ' 9,823 10, 011 10, 074
23, 490 22,526 21,869 21,639 21, 556
Total (seasonally adj usted)
Durable goods stores
Nondurable goods stores.
do
""""do
IHIIIIdoI"
30,323 ' 32,018
9,481 r 10,019
20,842 '21,999
31,078 31,288
9,846 9,852
21,232 21,436
31,274 31,466 330,633
10,001 9,907 3 9,872
21,273 21, 559 320,761
30,694
9,775
20, 919
31,076
9,951
21,125
31,547
10,102
21, 445
32.018
10.019
21,999
12,591 '10,490
17,732 ' 21,528
12,883 12,957
18,195 18,331
12,899
18,375
12, 809 3 9,729
18,657 320,904
20,891
9,899
21,177
10,145
21,402
10,490 10,281
21, 528 21,685
10,346 •10,371
21,674 •21,904
10,121
21, 939
217.61
217. 84
217.94
218. 09
Charge accounts
do
Installment accounts
I.IIIIIIIIdo"!
31,966 32,020 •32,275 32,060
9,790 ' 9,838 ' 9,919 9,966
22,176 22,182 •22,356 22,094
LABOR FORCE, EMPLOYMENT, AND EARNINGS
POPULATION OF THE UNITED STATES
Total, incl. armed forces overseasf
mil..
1
LABOR FORCEIf
Not Seasonally Adjusted
Labor force, total (including armed forces), persons
16 years of age and over
thous..
Civilian labor force
do
Employed, total
"
do
Agriculture.
""
do
Nonagricultural industries
do
Unemployed
IlllI'do
Seasonally Adjusted!!
Civilian labor force
do
Employed, total
do
Agriculture
do
Nonagricultural industries
do
Unemployed
__
do
Long-term, 15 weeks and over"
do
Rates (unemployed in each group" as"percent"
of total in the group):
All civilian workers
Men, 20 years and over
Women, 20 years and over
""
Both sexes, 16-19 years
White
Black and other
~"~~
Married men, wife present""""!!"!!"!!
Occupation: White-collar workers
Blue-collar workers
Industry of last job (nonagricultural):"
Private wage and salary workers
Construction
Manufacturing..] I __[/
"
Durable goods..."!"*"
"
evised
^^
S
215.14
1216.82
216. 40
216. 53
96,917
94,773
87,485
3,297
84,188
7,288
99,534
97,401
90,546
3,244
87,302
6,855
97,958
95,826
89,258
3,140
86.118
6,568
98,321 101,264 101,449 101,210
96,193 99,135 99,314 99,073
90,042 91,682 92,372 92,315
3, €82
3,820
3,790
3,478
86,564 87,862 88,582 88,633
7,453
6,757
6,941
6,151
99,815 100,585 100,951 100,832 100,071
97,684 98,451 68,819 98, 503 97,950
91, 247 92,230 92,473 92, 623 91,053
3,326
3,408
3,181
2,868
2,914
87,921 88,822 89,292 89,710 88,185
6,221
6,346
6,437
5,880
6,897
66,746
89,877
3,256
86,621
97,161
£0,267
3,335
86,932
97,552
£0, 648
3,330
87,318
97,307
SO, 5S8
3,206
87,382
97,614
£0,793
3,224
87,569
97,756
91,088
3,199
87,889
216. 67
216.82
216.99
217.16
217.33
217.48
217. 74
218.22
100,048 100,565 100,984 101,422
97,924 98,443 98,866 99,309
91,185 91,964 93,180 93,851
3,369
2,913
3,151
2,771
88,413 89,051 90,029 90,483
5,457
6,479
5,685
6,739
98,071 98,877
91,383 92,214
3,357
3,243
88,140 88,857
98,919
92,609
3,323
89, 286
99,107
92,881
3,354
89, 527
99,093
93,003
3,242
89,761
99,414
93,266
3,310
89,956
99,784 100,261
93,801 94,112
3,235
3,275
90,526 90,877
1,911
6,869
1,828
6,894
1,&69
6,604
1,788
6,719
1,824
6,821
1,800
6,668
1,834
6,688
1,848
6,663
1,829
6,310
1,797
6,226
1,688
6,090
1,568
6,148
1,463
5,983
2,339
6,143
1,358
7.7
5.9
7.4
19.0
7.0
5.2
7.0
17.7
7.1
5.2
7.0
18.2
7.1
5.3
6.9
18.1
7.1
5.1
7.2
18.0
6.9
5.1
6.9
17.3
7.0
5.1
7.1
17.3
6.8
4.7
6.9
18.3
6.8
5.0
6.8
17.3
4.7
6.9
17.3
6.4
4.6
6.6
15.6
6.3
4.7
6.1
16.0
6.1
4.5
5.7
17.4
6.2
4.5
5.8
17.3
6.0
4.2
5.8
16.9
6.1
4.2
6.3
16.5
7.0
13.1
4.2
6.2
13.1
3.6
6.4
12.3
3.7
6.3
12.9
3.6
6.3
13.2
3.4
6.1
13.3
3.4
6.1
14.3
3.5
6.0
13.1
3.3
6.0
13.7
3. 6
5.9
13.7
3.3
5.5
12.7
3.2
5.5
12.7
2.9
5.3
11.8
2.9
5.3
12.4
3.0
5.2
12.3
2.9
4.6
9.4
4.3
8.1
4.4
7.9
4.3
8.0
4.2
7.8
4.1
8.1
4.2
8.3
4.2
7.8
4.1
8.0
4.2
7.6
4.0
7.2
3.6
7.1
3.5
7.1
3.4
7.1
5.2
11.8
2.8
3.5
6.5
7.9
15.6
7.9
7.7
7.0
12.7
6.7
6.2
7.1
12.2
6.7
6.1
7.2
12.8
6.5
5.9
6.9
12.3
6.4
5.7
11.8
6.7
6.1
7.0
11.4
6.9
6.3
6.8
10.4
7.0
6.4
6.9
12.1
6.8
6.1
6.7
11.2
6.5
6.0
6.3
10.8
5.7
5.6
6.2
11.7
5.6
5.2
6.1
11.5
5.7
5.0
6.0
11.3
5.4
4.8
5.9
9.5
5.3
4.4
5.9
9.2
5.6
5.0
~12: r e v i ? e d
d a t a fo
s for
3.6
6.6
of the Population of the United States and Components of Change—1930-75," P-25, No. 632
(July 1976), Bureau of the Census.
If Effective with the Feb. 1977 SURVEY, the labor force series reflect new seasonal factors.
Data have been revised back to 1972; comparable monthly figures for 1972-75 appear in EMPLOYMENT AND EARNINGS (Feb. 1977), U.S. Department of Labor, Bureau of Labor Statistics.
SURVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of B U S I N E S S STATISTICS
1976
1977
Annual
June 1978
1977
Apr.
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr. f
May
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT!©
Employees on payrolls of nonagricultural estab.:0
Total, not adjusted for seasonal variation, .thous.
Private sector (excl. government)
do...
79,443
64,496
82,140
66,945
81,332
66,042
82,029
66,684
82, 930 82,167
67,642 67,567
82,397 83, 146 83,072 84,092
67,921 68,143 68,225 68,484
84,181
68,580
82,554
67,085
82,852
67,133
'83, 734
'67,894
'84,867
'69,001
85,552
69, 682
79,443
64,496
45, M O
23. 332
783
3,594
82,140
66,945
47,390
24,232
831
3,845
81,620
00,571
47,072
24,176
847
3,830
81,837
Of), 730
47,164
24.264
845
3,861
82,157
00,961
47, 350
24, 355
856
3,876
82,407
67,184
47,518
24,412
833
3,913
82,474
67,235
47,641
24,305
818
3,893
82,763
67,434
47,822
24, 360
850
3,892
82,902
67, 565
47,899
24,436
859
3,911
83,245
67,879
48,104
24,528
863
3, 950
83,429
68,062
48,194
24,526
711
3,947
83,719
68,288
48,316
24,593
705
3,916
84,046
68,566
48,491
24,733
711
3, 947
'84,555
'69,011
'48,847
'24, 945
' 728
' 4,053
'85,170
'69,556
'49, 347
'25, 331
'896
r
4,226
85, 345
69, 723
49,488
25,382
902
4,245
Manufacturing
...do
Durable goods
do..
Ordnance and accessories
do
Lumber and wood products
do..
Furniture and fixtures
do..
Stone, clay and glass products
do..
Primary metal industries.
do
Fabricated metal products
.do..
Machinery, except electrical
do..
Electrical eouipment and supplies--do
Transportation equipment-_.'
do.Instruments and related products.-do
Miscellaneous manufacturing
do..
18,956
11,026
158
606
490
626
1,190
1,387
2,074
1,832
1, 733
509
421
19,555 19,499
11,480 11,404
155
156
642
635
510
506
652
650
1,204
1,208
1, 452 1,433
2,187
2,150
1,936
1,915
1,797
1,802
527
525
418
424
19,566
11,451
156
638
508
653
1,215
1,444
2,165
1,925
1,797
528
422
19,611
11,484
157
638
510
659
1,218
1,452
2,170
1,931
1,802
527
420
19,666
11,548
156
640
515
659
1,204
1,459
2,202
1,959
1,813
527
414
19,594
11,527
156
642
508
656
1,202
1,460
2,210
1,951
1,802
526
414
19,612
11,545
155
648
510
658
1,211
1,456
2,217
1,944
1,809
528
409
19,666
11,604
150
653
517
657
1,208
1,473
2,243
1,961
1,801
530
411
19,715
11,625
152
662
521
667
1,206
1,479
2,237
1,974
1,782
532
413
19,868
11,748
155
666
530
671
1,204
1,492
2,257
19, 972 20,075
11, 828 11,909
156
157
667
664
532
537
675
676
1,212
1,217
1,499
1,515
2, 265 2 279
1,998
2,017
1,862
1,879
541
539
423
427
20,164 '20, 209
'1 1,965 '11,986
157
' 157
••670
670
540
'537
680
'687
1,215 ' 1,216
' 1,515 ' 1,518
' 2, 295 ' 2 , 3 1 1
2,035 ' 2,038
' 1, 885 ' 1,876
••545
'548
428
'428
20,235
12,026
158
674
536
686
1,221
1,521
2, 329
2,044
1,880
550
427
Nondurable goods..
do..
Food and kindred products
___do_Tobaeco manufactures
do..
Textile mill products
do..
Apparel and other textile products..do..
Paper and allied products
do._
Printing and publishing
do..
Chemicals and allied products
do..
Petroleum and ccal products
do..
Rubber and plastics products, n e c d o . .
Leather and leather products
-do_~
7,930
1,710
76
966
1,299
676
1,080
1,034
203
614
272
8,075
1,720
70
982
1,289
699
1,109
1,058
209
675
264
8,095
1,741
74
979
1,290
695
1,103
1,057
209
681
266
8,115
1,733
72
986
1,292
701
1,108
1,062
210
684
267
8,127
1,736
72
986
1,301
703
1,113
1,061
210
680
265
8,118
1,728
72
992
1,292
705
1,114
1,064
210
683
258
8,067
1,710
68
982
1,286
704
1,114
1,061
210
671
261
8,067
1,711
67
985
1,285
702
1,116
1,058
210
671
262
8, 062
1,696
67
987
1,285
702
1,117
1,058
211
673
266
8,090
1,703
06
993
1,291
700
1,120
1,059
212
681
265
8,120
1,714
69
990
1,291
705
1,123
1,064
212
689
263
8,144
1,728
69
991
1,289
707
1,125
1,066
214
693
262
do
do
do...
do
do...
do
do
do...
do...
do—
56,111
4,509
17,694
4,263
13,431
4,316
14,644
14,948
2,733
12,215
57,909
4, 590
18,281
4,389
13,892
4, 509
15,334
15,195
2,727
12,468
57,444
4,575
18,175
4,371
13,804
4,463
15,182
15,049
2,721
12,328
57,573
4,586
18,202
4,379
13,823
4,481
15,197
15,107
2, 725
12,382
57,802
4,588
18,264
4,387
13,877
4,494
15,200
15,196
2,735
12,461
57,995
4,572
18,322
4,394
13,928
4,506
15,372
15,223
2,721
12,502
58,169
4,581
18,377
4,398
13,979
4, 524
15,448
15,239
2,732
12,507
58,403
4,616
18,431
4,410
14,021
4,545
15,482
15,329
2,728
12,601
58, 466
4,610
18, 414
4,415
13,999
4,572
15, 533
15,337
2,730
12,607
58,717
4,634
18,512
4,438
14,074
4. 597
15,008
15,300
2,727
12,639
58, 003
4,652
18,610
4,460
14,150
4,611
15,663
15,367
2,718
12,649
Production or nonsupervisory workers on private
nonagric. payrolls, not seas. adjustedO.thous...
Manufacturing
do-
53,054
13, 625
54, 930 54,222
14, 067 13,893
54,787
14,021
55,593
14,258
55,428
14,024
55,718
14,217
55,926
14,401
55,992 56,224
14,343 14,339
53,054
17,067
593
2,849
13,625
7,866
72
508
402
498
933
1,046
1,339
1,210
1,226
310
322
54,930 54,693
17,747 17,739
639
623
3, 057 3,056
14,067 14,044
8,220 8,167
71
70
540
547
417
419
518
519
944
942
1,085
1,100
1,420 1,390
1,276
1,286
1,279
1,274
322
323
325
319
54,823
17,806
637
3,067
14,102
72
543
419
521
952
1,096
1,404
1,285
1,272
323
324
54,968
17,881
645
3,100
14,136
8,240
73
544
420
527
954
1,103
1,409
1,287
1,275
323
321
55,122
17,888
624
3,119
14,145
8,271
73
544
423
527
943
1,106
1,438
1,299
1,281
322
315
55,117 55,267
17, 784 17,829
609
643
3,097 3,095
14,078 14,091
8,252 8,266
70
71
553
548
418
416
524
523
937
948
1,104
1,102
1,443
1,444
1,296
1,289
1,279
1,285
321
324
314
309
5,877
1,187
60
855
1,107
522
639
606
137
536
228
5,891
1,181
58
860
1,109
527
642
610
137
538
229
5,896
1,181
59
860
1,117
528
642
610
138
534
227
5,874
1,170
57
866
1,105
529
642
612
137
536
220
Seasonally Adjusted f
Total employees, nonagricultural payrolls!©do-_.
Private sector (excl. government)
dc.-.
Nonmanufacturing industries
do. - .
G oods-producing
do.. Mining
-do-..
Contract construction..
do
Service-producing
Trans., comm., electric, gas, etc
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services.
Government
Federal
State and local
1,<J87
1,830
536
420
8,166
1, 729
69
995
1,283
710
1,12<J
1,070
217
701
263
' 8,199
' 1,739
995
' 1,292
714
1,133
1,071
217
••705
263
8,223
' 1,742
68
' 991
' 1, 301
718
1,137
1,074
216
'712
264
8,209
1,720
70
998
1,294
721
1,138
1,076
215
712
265
59.126
4, 628
18,744
4,482
14,262
4,630
15,693
15,431
2,736
12,695
59,313 '59,610
4, 651 ' 4,672
18,744 '18,849
4, 510 ' 4,540
14,234 '14, 309
4,647 ' 4, 670
15,791 '15,875
15,480 '15,544
2,736
2, 736
12,744 ' 12,808
'59,839
' 4, 708
'18,876
4,552
'14, 324
' 4, 687
'15, 954
'15,614
' 2, 744
'12,870
59, 963
4,706
18,933
4,561
14,372
4,711
15, 991
15,622
2, 744
56,358
14,321
54,814
14,197
54,796
14,228
' 55,492 ' 56,491 p57,097
' 14,341 ' 14,432 P 1 4 , 5 1 5
55,337 55,644
17,890 17,985
645
649
3,113
3,152
14,132 14,184
8,313
8,337
08
69
556
567
424
429
522
531
946
944
1,117
1,124
1,464
1,459
1,303
1,314
1,278
1,261
324
326
311
313
55,790
17,970
518
3,146
14,306
8,438
71
570
436
535
943
1,134
1,474
1,324
1,300
329
322
55,928
18,002
512
3,087
14,403
8,512
72
570
439
538
951
1,142
1,482
1,331
1,332
331
324
56,132
18,118
516
3,114
14,488
8, 575
73
566
443
536
957
1,156
1,495
1,346
1,345
331
327
'56,515
'18,138
' 532
' 3,230
'14,556
' 8, 614
73
'572
446
540
' 954
1,155
1,506
' 1, 360
' 1, 347
333
328
'56, 990
'18,666
'678
' 3, 400
'14, 588
' 8, 632
571
'445
'547
'956
' 1,157
1, 518
' 1, 359
' 1, 342
'336
329
57,134
18,695
683
3, 414
14,598
8, 652
71
574
443
545
962
1,158
1,531
1,365
1,340
336
327
5,847
1,149
53
866
1,105
525
642
608
141
532
226
5,868
1,157
55
863
1,107
529
642
611
140
540
224
5,891
1,172
55
863
1,107
530
642
614
142
542
224
5, 913
1,177
55
866
1,103
532
645
617
144
550
224
' 5,942
' 1,185
56
'867
' 1,109
'535
'649
617
' 143
556
'225
' 5, 956
' 1,185
54
'864
'1,119
537
'650
618
' 143
'560
226
5,946
1,168
56
870
1,113
542
650
620
141
559
227
70
12,878
Seasonally Adjusted |
Production or nonsupervisory workers Gn private
nonagricultural payrolls!-.
thous..
G oods-producing
do
Mining
do.
Contract construction
do.
Manufacturing
do
Durable goods
do
Ordnance and accessories.
-do
Lumber and wood products
...do
Furniture and
fixtures
...do
Stone, clay, and glass products
..-do
Primary metal industries
do
Fabricated metal products
do.
Machinery, except electrical
do.
Electrical equipment and supplies
do
Transportation equipment
do
Instruments and related products
do.
Miscellaneous manufacturing
do.
Nondurable goods
.do
Food and kindred products
-do
Tobacco manufactures
do
Textile mill products
..-do.
Apparel and other textile products..-do
Paper and allied products
do
Printing and publishing
-__do.
Chemicalsand allied products
do.
Petroleum and coal products.
..do
Rubber and plastics products, nee..-do
Leather and leather products
do.
5,759
1,164
63
844
1,117
512
630
589
131
475
234
5,847
1, 166
56
856
1,105
525
640
607
137
529
220
8,211
5,826
1,156
54
855
1,102
528
640
609
137
522
223
5,825
1,157
54
857
1,100
526
639
608
138
522
224
5,819
1,141
54
860
1,099
527
641
607
139
524
227
•*• 7 2
35,988 37,185 36,954 37,017 37,091 37 234 37,333 37,438 37,447 37,659 37,820 37,926 38,014 '38,197 '38,324 38,439
Service-producing
do
3, 922
3,937 ' 3, 966
3, 969
3,890
3,918
3,899
3,922
3,951
3,909
3,903 3'885
3,903
3, 902 3,893
3,862
Transportation, comm., elec, gas, etc
do
10,121 16,035 16,064 16,114 16,165 16,208 16,234 10,202 16,293 16,383 16,511 16,490 '16,582 '16,592 16, 645
15,641
Wholesale and retail trade
.
do
3,
714
'
3,
748
3,758
'
3,
738
3
627
3
629
3,639
3.637
3,659
3,673
3,692
3,623
3,622
3,024 3,614
3,529
W holesale trade
do
12, 497 12,421 12,442 12,491 12'538 12 579 12,595 12,565 12,634 12,710 12,819 12,776 '12,844 '12, 844 12,887
12,113
Retail trade
do...
'
3,569
3,584
'
3,
551
3,
539
3*437
3,439
3,459
3,476
3,496
3,505
3,527
3,420
3,410
3,434 3,402
3,293
Finance, insurance, and real estate.
.do...
13,728 13,624 13,640 13,654 13,747 13,796 13 827 13,870 13,948 13,981 13,979 14,063 ' 14,127 '14,197 14, 241
13,191
Services..
.do...
revision as follows: Manufacturing, durable a n d nondurable goods beginning 1947, total
' Revised.
v Preliminary.
OSee end of notet for this page.
private and total trade, 1964, overtime hours, 1956. Effective with the F e b . 1977 S U R V E Y ,
fBeginning in the Dec. 1977 SURVEY, figures for employees on payrolls of establishments,
the data reflect corrections m a d e (back to J u l y 1975) to e m p l o y m e n t levels in 4 divisions
as well as hours, earnings, and labor turnover, reflect revised seasonal factors. Generally,
(construction, retail trade, services, and State a n d local government) to adjust for the fordata are afTected back to 1972. A modification has been made in the method to seasonally
mation
of new businesses during the recovery phase of the 1973-75 recession. For current
adjust most aggregated hours and earnings series (e.g., hours per worker on total private
factors,
historical data, and methodology, see the Dec. 1976 and F e b . 1977 issues of E M P L O Y nonagricultural payrolls, the manufacturing division, durable goods subdivision, etc.).
M E N T AND E A R N I N G S ( U . S . D . L . , B L S ) , available from U.S. G o v ' t . P r i n t i n g Office, Wash.
Aggregate levels are now the weighted averages of their seasonally adjusted components;
D . C . 20402.
heretofore these levels were directly adjusted. Previously published hours are subject to
SURVEY OF CUERENT BUSINESS
June 19T8
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1978
1977
1977
Annual
S-15
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.p
May p
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
AVERAGE HOURS P E R WEEKf
Seasonally Adjusted t
Avg. weekly hours per worker on private nonagric.
payrolls-.^ Seasonally adjusted!
hours.
Not seasonally adjusted
do...
Mining
do...
Contract construction
do.. Manufacturing: Not seasonally adjusted
do. -.
Seasonally adjusted
do - . .
Overtime hours
d o . -.
36.3
36.1
44.1
37.4
40.3
40.4
3.4
36.2
36.4
44.1
36.8
40.8
40.5
3.4
36.1
36.5
44.8
36.9
40.1
40.2
3.4
36.0
36.5
44.2
36.5
40.3
40.3
3.3
36.0
36.2
44.3
36.4
40.6
40.3
3.3
36.2
36.2
44.6
36.8
40.5
40.4
3.5
36.2
36.1
44.6
36.9
40.6
40.5
3.5
36.2
36.3
43.7
36.8
41.1
40.5
3.5
35.6
35.2
43.2
34.6
39.1
39.6
3.5
35.8
35.5
43.6
35.7
39.6
39.9
3.8
'36.2
35.9
'44.6
'36.8
'40.4
'40.6
'3.7
'36.3
36.0
'44.2
'37.4
'40.4
'40.7
3.6
36.0
35.8
43.7
36.5
40.3
40.3
3.5
3.4
36.2
36.0
44.3
37.3
40.0
40.3
3.4
Durable goods
Overtime hours
Ordnance and accessories
Lumber and wood products
Furniture and
fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical equipment and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
do_..
do- -.
do...
do...
do...
do._.
do...
do...
do._do. - do...
do_ -.
do...
40.6
3.1
40.7
40.2
38.7
41.2
40.6
40.7
41.1
40.0
41.6
40.4
38.7
40.9
3.6
40.7
40.1
38.8
41.3
41.1
40.9
41.6
40.2
42.2
40.4
39.0
40.8
3.5
41.0
40.0
38.5
41.7
41.4
40.8
41.4
40.1
42.0
40.3
39.0
41.0
3.6
41.1
40.0
38.7
41.6
41.5
41.0
41.6
40.2
42.5
40.4
39.0
41.2
3.6
40.8
39.9
38.9
41.6
41.5
41.3
42.0
40.4
42.8
40.7
39.3
40.9
3.6
40.3
40.4
38.8
41.4
41.1
41.0
41.8
40.2
42.0
40.3
38.7
41.0
3.5
40.2
39.6
39.0
41.4
41.0
40.9
41.8
40.3
42.3
40.3
38.8
41.0
3.5
40.6
40.0
39.2
41.0
40.9
40.9
41.8
40.3
42.6
40.3
39.0
41.2
3.8
40.8
40.1
39.5
41.1
41.3
41.1
42.0
40.3
42.7
40.6
39.1
41.1
3.7
40.2
40.3
39.4
41.8
41.3
41.1
41.9
40.2
42.5
40.4
39.0
41.2
3.7
41.1
40.2
39.3
41.6
41.4
41.5
41.9
40.3
42.2
40.4
38.9
40.2
3.7
40.2
39.4
37.7
40.3
41.0
40.3
40.9
39.5
41.1
39.8
38.0
40.5
4.0
37.9
39.4
39.8
40.9
41.5
40.7
41.7
39.6
40.6
40.3
38.3
'41.2
'3.9
'41.1
'39.9
39.9
'41.6
41.5
'41.3
'42.2
'40.4
'41.7
'41.1
'39.2
'41.2
3.8
'40.3
'40.0
'39.8
'42.3
41.4
'41.5
'42.2
'40.3
'41.9
'41.2
'39.3
41.0
3.7
40.1
39.4
39.3
41.7
41.4
41.1
42.0
40.2
41.6
40.7
39.1
Nondurable goods
Overtime hours
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
do. do..
do..
do..
do.
do_
39.3
3.0
40.3
37.8
40.1
35.6
39.4
3.1
39.8
38.2
40.4
35.4
39.6
3.2
40.3
38.2
40.5
35.3
39.5
3.2
40.0
38.4
40.5
35.6
39.5
3.1
40.0
38.7
40.3
35.8
39.3
3.0
39.8
38.6
40.1
35.3
39.3
3.1
39.7
37.8
40.2
35.5
39.3
3.0
39.5
38.6
40.3
35.3
39.4
3.1
39.5
38.2
40.5
35.6
39.5
3.2
39.8
38.8
40.7
35.7
39.5
3.1
39.7
38.3
40.6
35.8
38.7
3.1
39.1
37.5
40.0
33.9
39.1
3.4
39. 6
38.5
40.3
35.2
'39.7
3.3
40.0
39.0
40.6
'35.9
'39.8
3.4
'40.0
'38.9
40.7
36.1
39.4
3.2
39.7
38.7
40.3
35.7
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
do.
do.
do,
do.
do.
do.
42.4
37.5
41.6
42.2
40.7
37.3
42.8
37.8
41.7
42.9
41.0
37.0
43.5
37.8
41.8
42.7
41.3
37.3
42.9
37.6
41.7
42.6
41.3
37.1
43.1
37.7
41.9
43.1
41.2
37.2
42.7
37.8
41.7
42.8
40.6
36.8
42.4
37.7
41.8
43.0
40.8
37.3
42.7
38.0
41.7
42.8
40.7
37.6
42.8
37.9
41.6
43.2
40.9
37.7
42.7
37.9
41.7
43.3
40.9
37.8
42.9
37.9
41.7
43.9
40.7
37.2
42.2
37.4
41.6
43.6
39.8
36.6
42.4
37.5
41.7
43.4
39.4
36.6
'43.4
'38.1
42.1
'44.0
'40.6
37.4
43.4
38.1
41.9
'43.8
'41.1
'38.2
42.8
37.5
41.8
43.4
40.7
37.3
do_
do.
do_
do_
do.
do.
33.6
38.8
32.1
36.6
33.5
40.0
33.3
38.9
31.7
36.6
33.4
40.1
33.4
38.9
31.8
36.6
33.5
40.3
33.5
38.8
31.9
36.7
33.5
40.1
33.3
38.8
31.7
36.6
33.3
39.9
33.3
38.8
31.7
36.6
33.2
40.0
33.2
38.8
31.6
36.7
33.2
39.9
33.2
38.8
31.6
36.6
33.2
39.7
33.5
39.1
31.9
36.7
33.5
40.3
33.2
38.9
31.6
36.7
33.3
40.2
33.3
38.8
31.7
36.6
33.4
39.8
32.8
38.6
31.1
36.5
33.5
40.4
32.8
38.8
31.1
36.5
33.2
40.6
'33.1
39.0
'31.4
'36.6
'33.5
'40.3
33.1
'39.0
31.4
'36.8
33.5
40.2
33.1
38.8
31.4
36.6
33.2
Employee-hours, wage & salary workers in nonagric. establish, for 1 week in the month, seasonally adjusted at annual ratet
bil. hours.
Total private sector
do...
Mining
do.."
Contract construction
do...
M anufacturing
do...
Transportation, comm., elec, gas
do..
Wholesale and retail trade
doll.
Finance, insurance, and real estate
do...
Services
do...
Government
do., .
151.39
122.09
1.74
6.93
39.31
9.36
31.02
8.21
25.51
29.30
156.60
126. 74
1.91
7.36
40.72
9.76
31.78
8.58
26.63
29.87
155.81
126.15
1.95
7.43
40.62
9.54
31.67
8.49
26.45
29.66
156.50
126.65
1.94
7.49
40.82
9.61
31.76
8.55
26.47
29.85
156. 62
126.67
1.96
7.44
41.00
9.57
31.73
8.55
26.42
29.95
157.11
126.80
1.94
7.51
40.92
9.49
31.82
8.58
26.54
30.32
156. 99
126. 72
1.88
7.39
40.77
9.53
31.84
8.63
26.67
30.27
157.14
127.09
1.97
7.37
40.86
9.58
31.94
8.65
26.73
30.05
158. 69
128.06
1.99
7.48
41.09
9.52
32.20
8.72
27.06
30.63
158.10
128.37
2.00
7.58
41.18
9.71
32.10
8.77
27.03
29.72
158.94
128.74
1.62
7.55
41.54
9.72
32.32
8.78
27.20
30.20
157.64
127.47
1.58
7.05
41.08
9.58
32.06
8.79
27.34
30.17
158. 96
128.46
1.61
7.33
41. 54
9.77
32.12
8.82
27.26
30.51
160.94
130.41
1.68
7.72
42.15
9.87
32.49
8.92
27.58
30.53
• 162.73
• 131.88
'2.06
'8.22
' 42. 35
9.87
' 32. 62
'8.97
27.79
' 30. 85
P162.17
P131. 38
Indexes of employee-hours (aggregate weekly) :ft
Private nonagric. payrolls, total
1967=100.
G oods-producing
do...
Mining
do__.
Contract construction
do
Manufacturing
._ do
Durable goods
do_"
Nondurable goods
do
Service-producing
do! II
Transportation, comm., elec, gas
do
Wholesale and retail trade
do
Wholesale trade
do
Retail trade
do...
Finance, insurance, and real estate. _ do
Services
do...
111.9
96.3
127.0
103.6
94.0
92.7
95.8
122.1
102.4
118.9
114.3
120.6
126.9
135.8
115.6
100.6
137.5
110.5
97. 6
97.7
97.5
126.1
104.0
121.5
117.5
123.0
132.3
140.7
115.4
100.8
141.6
111.7
97.5
96.9
98.5
125.5
103.8
121.0
117.3
122.4
131.0
140.1
115.9
101.4
140.6
112.4
98.1
97.8
98.5
125.9
104.6
121.4
117.3
123.0
131. 6
140.3
115.8
101.8
142.3
111.8
98.7
98.7
98.7
125.6
104.1
121.2
117.3
122.7
131.7
139.6
115.8
101.4
139.9
112.8
98.0
98.3
97.7
125.8
103.1
121. 6
117.5
123.1
132.3
140.1
115.6
100.6
134.7
110.8
97.6
98.1
96.9
126.1
103.5
121.6
117.5
123.1
132.7
140.6
115.9
100.9
142.5
110.4
97.8
98.4
96.9
126.4
103.9
121.8
117.8
123.3
135.2
140.9
116.8
101.7
143.9
112.3
98.4
99.3
97.1
127.2
102.9
122.7
118.7
124.2
134.2
142.7
117.2
102.3
144.8
114.0
98.8
99.5
97.8
127.5
105.1
122.4
118.8
123.7
134.9
142.6
117.5
102.1
113.3
113.5
99.7
100.8
98.1
128.2
105.6
123.2
118.9
124.8
134. 9
143.4
116.1
99.5
110.7
104.7
98.2
99.3
96.5
127. 0
103.5
122.3
118.9
123.5
135.4
143.8
117.0
101.4
112.6
108.9
99. 7
100.9
97.8
127.8
105.4
122.3
120.3
123.1
135. 9
143.4
' 119.2
' 104. 3
' 118. 7
' 116. 5
' 101. 7
'103.0
'99.9
' 129. 4
106.3
' 124.1
' 121. 7
' 124.9
' 136. 7
' 145.3
• 120. 4 119.8
• 106. 8 105.8
" 149.9 149.3
• 124. 6 v 122.1
• 102.1 101.4
• 103. 4 102.9
99.2
100. 3
'1 129. 8 129.6
106. 3 106.1
• 124.1 124.4
• 122.0 121.7
• 124.9 125.4
• 138.1 138.0
145.2
146.0
5.24
6.87
8 04
5.63
5.41
6.01
5.77
6.24
5.06
4.30
5.76
7.45
5.83
6.20
5.33
7.17
5.20
4.33
5 15
5.19
6.81
7.91
5.56
5.34
5.95
5.70
6.10
4.97
4.23
5.77
7.39
5.73
6.10
5.23
7.10
5.13
4.31
5.22
6.88
7.97
5.60
5.37
6.00
5.74
6.15
5.01
4.28
5.79
7.45
5.82
6.15
5.29
7.18
5.15
4.31
5. 25
6.90
8.00
5. 65
5.43
6.03
5. 79
6.24
5.07
4.29
5.83
7.52
5.84
6.17
5.34
7.15
5.20
4.33
5.26
6.86
8.06
5.65
5.42
6.03
5.76
6.30
5.13
4.35
5.84
7.60
5.87
6.21
5.40
7.11
5.21
4.33
5.36
7.05
8.20
5.75
5.48
6.14
5.83
6.37
5.12
4.39
5.87
7.70
5.95
6.32
5.46
7.27
5.28
4.38
5.40
7.08
8.25
5.78
5.53
6.19
5.91
6.36
5.23
4.39
5.91
7.72
6.00
6.39
5.47
7.43
5.28
4.39
5.41
7.13
8.24
5.81
5.56
6.21
5.94
6.45
5.22
4.42
5.94
7.77
6.03
6.40
5.51
7.46
5.33
4.44
5.42
6.68
8.27
5.88
5.63
6.29
6.01
6.61
5.23
4.47
5.96
7.81
6.07
6.48
5.61
7.56
5.41
4.51
5.49
6.83
8.36
5.93
5.70
6. 31
6.05
6.63
5.36
4.51
5.99
7.91
6.04
6. 49
5.63
7.48
5.44
4.57
5.51
6.85
8.30
5.94
5. 69
6.33
0.05
0.71
5.34
4.52
(i.00
7.90
0.04
0.54
5.05
7.48
5.49
4.57
5.54
6.87
'8.36
'5.96
5.72
G.35
6.08
'6.68
5.34
'4.53
'0.04
7.97
'6.11
' 0. 55
5.05
'7.57
5.49
'4.56
Trans., comm., elec, gas, etc
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
36.2
42.8
37.1
40.0
3.1
36.1
44.1
40.3
AGGREGATE EMPLOYEE-HOURS
Seasonally Adjusted
P2.05
*8.06
v 42.20
P9.84
v 32.67
^8.97
v 27.61
v 30.79
HOURLY AND WEEKLY EARNINGS
Average hourly earnings per worker:1f
Not seasonally adjusted:
Private nonagric. payrolls
dollars.
Mining
do..._
Contract construction
.
do
Manufacturing
do....
Excluding overtime
do
Durable goods
do....
Excluding overtime
do___.
Ordnance and accessories
do
Lumber and wood products
do
Furniture and fixtures
do
Stone, clay, and glass products
do
Primary metal industries
do._
Fabrirated m etal products
do
Machinery, except electrical
...do
Electrical equipment and supplies.do
Transportation equipment
do..
Instruments and related products.-do
manufacturing i n d . - d o . . .
e v i s e dMiscellaneous
p
4.87
6.42
7 68
5.'19
5.00
5.55
5.34
5.72
4 71
3.98
5.29
6.80
5.43
5.76
4.91
6.54
4.87
4.01
5.52
5.31
5.
5.65
6.14
4 94
4 21
5.
7.22
5.6'
6 0'
5.20
7.01
5.11
4.27
\ §
Preliminary.
% Production and nonsupervisory workers
T kee corresponding note, p. S-14.
'5.61
'7.55
'8.32
5.99
5.75
6.39
' 6.12
' 0. 69
5.40
4.50
'0.14
'7.99
'0.17
'0.50
'5.07
'7.62
'5.50
' 4. 59
5.63
7.60
8.43
6.03
?5.78
6.43
*6.16
6.04
5.47
4.58
6.19
8.09
6.20
0.57
5.70
7.04
5.51
4.00
§ NOTE FOR P. S-16—Effective with the May 1977 SURVEY, the indexes have been
slightly revised (and reflect an improvement in the processing system and corrections to the
data file) back to 1964.
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1978
1977
1977
Apr.
Annual
June 1978
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr. v
May v
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HOURLY AND WEEKLY EARNINGS—Con.
Avg. hourly earnings per worker, private nonagric.
payrolls. Not seas. adj. If—Continued
M anufacturing—Continued
Nondurable goods
dollars..
Excluding overtime
do
Food and kindred products
do
Tobacco manufactures.
do
Textile mill products
do
Apparel and other textile products do
Paper and allied products
do
Printing and publishing
do
Chemicals and allied products
do.._
Petroleum and coal products
do
Rubber and plastics products, nec___do
Leather and leather products
...do
Transportation, comm., elec, gas
do
Wholesale and retail trade
do
Wholesale trade
do
Retail trade
do
Finance, insurance, and real estate
do
Services
do
Seasonally adjusted :t
Private nonagricultural payrolls
do
Mining
do
Contract construction
do
Manufacturing
do
Transportation, comm., elec, gas
do
Wholesale and retail trade
do
Finance, insurance, and real estate
do
Services
do
Indexes of avg. hourly earnings, seas, adj.: (D 111
Private nonfarm economy:
Current dollars
1967=100
1967dollarsA
..do....
Mining
do
Contract construction
..do
Manufacturing
do
Transportation, comm., elec, gas
do
Wholesale and retail trade
do
Finance, insurance, and real estate
do
Services
do
Hourly wages, not seasonally adjusted:
Construction wages, 20 cities (ENR): <?
Common labor
$ per hr__
Skilled labor
do
Farm (U.S.) wage rates, hired workers, by
method of pay:
All workers, including piece-rate
$ per hr__
All workers, other than piece-rate
do
Workers receiving cash wages only
do
Workers paid per hour, cash wages only.-do
Railroad wages (average, class I)
do
Avg. weekly earnings per worker, If private nonfarm :t
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted A
Spendable earnings (worker with 3 dependents):
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted A
Current dollars, not seasonally adjusted:
Private nonfarm, total
dollars. Mining
do
Contract construction
do
Manufacturing
do....
Durable goods
do
Nondurable goods
do
Transportation, comm., elec, gas
do
Wholesale and retail trade
do
Wholesale trade
do
Retail trade
do
Finance, insurance, and real estate
do
Services
do
4.68
4.51
4.96
4.91
3.67
3.41
5.43
5.69
5.89
7.14
4.62
3.44
6.46
3.97
5.18
3.55
4.36
4.36
5.07
4.88
5.34
5.50
3.97
3.62
5.92
6.09
6.39
7.72
5.12
3.64
6.94
4.28
5.55
3.83
4.60
4.71
4.99
4.81
5.26
5.69
3.87
3.57
5.79
5.98
6.27
7.70
5.06
3.61
6.80
4.23
5.48
3.78
4.54
4.64
4.99
4.81
5.28
5.58
3.86
3.56
5.80
6.02
6.29
7.69
5.05
3.63
6.83
4.25
5.52
3.80
4.58
4.67
5.03
4.83
5.28
5.77
3.90
3.62
5.86
6.06
6.35
7.73
5.12
3.63
6.83
4.26
5.51
3.82
4.54
4.66
5.10
4.91
5.32
5.68
4.02
3.59
5.97
6.09
6.44
7.78
5.12
3.60
6.97
4.28
5.56
3.84
4.59
4.68
5.11
4.92
5.36
5.43
4.05
3.62
6.00
6.15
6.45
7.73
5.14
3.62
6.99
4.28
5.56
3.83
4.60
4.68
5.17
4.96
5.42
5.37
4.08
3.68
6.07
6.27
6.52
7.79
5.18
3.67
7.10
4.34
5.63
3.88
4.65
4.80
5.17
4.97
5.42
5.31
4.08
3.69
6.10
6.23
6.56
7.81
5.19
3.68
7.17
4.38
5.69
3.90
4.72
4.85
5.21
5.00
5.50
5.57
4.10
3.70
6.13
6.25
6.60
7.81
5.22
3.71
7.21
4.39
5.71
3.92
4.71
4.87
5.27
5.05
5.58
5.70
4.12
3.75
6.20
6.28
6.67
7.86
5.26
3.71
7.24
4.39
5.77
3.92
4.75
4.91
5.35
5.15
5.60
5.96
4.17
3.84
6.22
6.33
6.74
8.26
5.31
3.83
7.29
4.54
5.83
4.06
4.83
5.00
5.35
5.15
5.65
5.99
4.16
3.85
6.27
6.34
6.78
8.40
5.31
3.87
7.32
4.55
5.84
4.08
4.84
5.02
5.37
5.16
5.66
'6.22
4.16
3.89
6.27
'6.37
6.79
8.34
5.29
••3.89
'7.31
'4.57
'5.87
4.09
'4.83
'5.02
5.39
'5.18
5.70
'6.29
4.17
3.91
'6.28
'6.37
6.81
'8.36
5.33
'3.89
'7.40
'4.61
'5.96
4.12
4.92
'5.05
4.87
6.42
7.68
5.19
6.46
3.97
4.36
4.36
5.24
6.87
8.04
5.63
6.94
4.28
4.60
4.71
5.17
6.79
7.95
5.53
6.83
4.23
4.53
4.64
5.20
6.82
7.97
5.57
6.88
4.24
4.56
4.66
5.22
6.91
8.04
5.61
6.88
4.26
4.54
4.67
5.27
6.95
8.06
5.66
7.00
4.30
4.60
4.72
5.28
6.92
8.08
5.68
6.93
4.31
4.61
4.76
5.32
7.03
8.09
5.73
7.03
4.33
4.65
4.78
5.38
7.13
8.17
5.79
7.11
4.37
4.74
4.85
5.41
7.12
8.18
5.81
7.18
4.39
4.74
4.86
5.42
6.64
8.21
5.83
7.24
4.43
4.75
4.89
5.49
6.76
8.32
5.90
7.29
4.51
4.83
4.98
5.52
'6.80
8.32
5.95
r
7.32
4.52
'4.80
4.99
'5.56
'6.86
'8.40
5.97
'7.36
'4.57
'4.82
5.01
5.62
7.54
8.40
6.00
7.44
4.61
4.91
5.05
5.64
7.62
8.49
6.04
7.45
4.61
4.88
5.05
185.0
108.5
199.2
185.6
184.7
198.6
178.6
170.5
188.4
198.5
109.4
215.1
194.8
199.2
212.3
192.2
180.1
203.0
195.6
108.7
211.5
193.2
195.6
209.2
190.0
177.8
199.9
196.4
108.6
213.1
193.3
196.9
209.9
190.6
178.5
200.5
197.4
108.5
215.4
194.9
198.5
210.3
191.1
177.7
201.4
199.4
109.2
217.1
195.1
200.3
214.3
193.1
180.3
203.5
199.9
109.1
217.4
195.8
201.2
212.4
193.3
180.6
204.8
201.2
109.5
218.8
196.2
202.7
215.0
194.4
181.8
205.8
203.3
110.3
221.7
197.8
204.2
217.8
196.2
185.2
208.6
204.1
110.2
221.7
198.5
205.4
219.1
197.1
185.3
208.8
205.2
110.3
219.1
198.9
206.3
221.5
198.8
185.8
209.8
208.1
110.0
221.4
201.1
208.3
223.3
202.4
188.5
214.4
208.8
110.6
223.2
201.6
209.7
223.9
203.0
187.5
214.3
210.2
110.5
' 225. 3
' 203.8
210.9
' 225.0
' 204. 8
' 188. 5
' 215.7
• 212.0
110.5
235.9
204.2
212.1
• 227. 7
•206.9
• 191. 7
• 217. 5
212.6
8.93
11.85
9.46
12.56
9.24
12.27
9.24
12.27
9.37
12.49
9.55
12.75
9.64
12.75
9.68
12.85
9.68
12.87
9.69
12.90
9.74
12.94
9.77
13.01
9.78
13.03
9.82
13.04
9.83
13.04
9.87
13.09
2.66
2.61
2.81
2.65
6.929
2.87
2.82
3.06
2.90
2.82
2.77
3.00
2.84
2.77
2.74
2.93
2.81
2.99
2.92
3.24
3.08
187.15
104.03
190.08
103.81
191.52
104.20
194. 76 195.84 196.20 195.44
105. 62 105. 75 105. 48 104.29
172. 67 173. 69 173. 55
94.98 95.22 94.78
174.69
95.04
177.23
96.11
177.09
96.16
178.35
95.89
213. 62
120.08
167. 63
155.51
190. 01
306.85
298.08
228.48
249.00
200.19
275.25
143.14
214.34
122.62
166.16
156.11
191.63
309.81
302.40
226.57
244. 82
200.43
280.89
145.95
216.84
125.57
168.45
158.18
191.99
303. 21
301.44
227.70
246.02
201.85
282.40
145. 52
216.28
214.86
169.28
157. 72
194.03
315.14
304.22
233.45
253. 58
204. 73
284.71
144.52
219.01
122. 61
169. 73
159. 36
195.48 195.30
319.31 320.14
310.20 299.94
234.09 235.89
255.03 256.47
204.22 206.84
286.08 290.56
145.85 144.87
222.48 222.12
123.24 122. 70
173.22 172.39
161.99 161.68
196.75
292.58
301.03
241.67
263.55
210.27
291. 77
147.07
226.18
125.44
173. 85
163. 50
188. 76 188.96
104. 34 103.94
190.25
104.30
156.50
91.79
170.34
' 93.85
164. 66 165.87
91. 53 91.69
176.29
274. 78
284.93
207.60
225.33
183.92
257.75
133. 39
200.98
113.96
159.58
146.06
189.16
302.97
295. 87
226.89
245.81
199. 76
277.60
142.52
215. 90
121.41
168.36
157.31
185.40
298.52
291.56
220.80
239. 32
195.11
271.32
140.01
212.08
119.07
166.16
154.51
95
118
109
112
114
121
122
120
128
3.9
2.6
3.8
1.7
1.3
4.0
2.8
3.8
1.9
1.2
3.8
2.7
3.4
1.7
.9
4.6
3.4
3.5
1.9
4.9
3.7
3.5
1.9
4.2
3.9
4.3
1.9
1.5
5.2
3.9
5.1
3.1
1.0
4.6
3.5
4.8
2.8
1.1
3.8
2.9
3.8
1.9
1.1
4.0
3.0
3.8
1.9
1.1
4.1
3.0
3.8
1.9
1.1
3.9
2.b
3.8
1.8
1.2
3.8
2.7
3.9
1.8
1.3
3.8
2.7
3.9
1.8
1.3
3.9
2.7
3.9
1.8
1.3
3.8
2.7
3.7
1.8
1.1
187. 36
300.32
296.63
224.07
243.95
196.11
273.20
141.10
5.75
6.28
4.17
3.91
6.32
6.40
6.84
8.32
5.40
3.89
7.40
4.62
5.97
4.13
4.90
5.07
237.2
205.7
213.3
227.4
206.8
190.7
218.1
3.09
3.05
3.22
3.08
3.18
3.13
3.40
3.18
7.074
176.29 ' 189.53
103.40 104.42
5.41
P5.21
197. 62
104.73
200.72
105.53
203.44
106.07
174. 51 176.16 178.48
'93.07 93.35 ' 93.84
193. 25 1195.61 198.89
290.28 297.29 302.97
276. 72 288.84 304.30
231. 86 235. 22 240.78
250.51 254. 47 260.35
204.37 207.05 211.58
287.96 293.53 293.86
146.64 147. 42 149.90
223.87 ' 244.84 227.76
123.83 ' 124.85 126.79
176.78 177.14 176.30
166. 50 166.16 167.17
180.52
94.12
201.96
330.69
308.67
242.00
261.99
212.37
296. 74
151. 21
231.25
128.13
181.06
168.17
201.55
332.12
308. 54
243.01
263.63
212. 61
295.26
151.54
231.04
128. 44
178. 85
167. 31
HELP-WANTED ADVERTISING
Seasonally adjusted index
1967=100.
140
138
139
141
3.0
2.2
3.3
1.5
1.1
2.3
1.5
3.3
1.2
1.4
3.7
2.4
3.5
1.5
1.2
3.2
2.2
3.1
1.4
.9
3.7
2.6
3.5
'1.8
.9
4.0
2.9
3.5
1.9
.7
3.9
2.9
4.4
3.1
3.9
2.1
.9
4.0
2.9
3.6
1.9
4.0
3.0
3.8
2.0
.9
4.0
3.0
3.8
'2.1
.9
4.2
3.2
4.0
2.1
.9
LABOR TURNOVER
Manufacturing establishments:
Unadjusted for seasonal variation:
Accession rate, total
mo. rate per 100 employees..
New hires
do
Seuaration rate, total... _
do
Quit
do....
Layoff
do
Seasonally adjusted:!
Accession rate, total
do
New hires
do
Separation rate, total
do
Quit
do....
Layoff
.do
.9
WORK STOPPAGES 0
Industrial disputes:
Number of stoppages:
5,600
580
634
496
5,648
Beginning in month or year
number..
850
968
In effect during month
do
Workers involved in stoppages:
197
2,300
226
187
2,420
Beginning in month or year
thous..
362
455
308
In effect during month
do
3,440 2,874
~37,~859 36,666 2,67G
Days idle during month or year
do
r
Revised.
* Preliminary.
If Production and nonsupervisory workers.
QThe
indexes exclude effects of changes in the proportion of workers in high-wage and low-wage
industries, and the manufacturing index also excludes effects of fluctuations in overtime
premiums; see note " § , " p. S-15.
AEarnings in 1967 dollars reflect changes in purchasing
power since 1967 by dividing by Consumer Price Index; effective Feb. 1977 SURVEY, data
reflect new seas, factors for the CPI.
tEff ective with the Dec. 1976 SURVEY, seas, adjusted
460
267
271
349
185
392
660
561
670
304
449
559
723
853
527
872
132
126
87
70
163
243
239
114
197
203
190
367
329
318
405
266
483
342
335
329
2,055
4,221
4,290
3,582 3,805 3,258 3,529 3,574 4,425 4,689
hourly and weekly earnings were revised back to 1964; subsequent revisions appear in Feb.
1977 SURVEY (see t, P- S-14). Seas, adjusted total accession and total separation rates in manufacturing reflect a new seas, adjustment method: These levels are the sum of their seas, adjusted components (total rates were revised back to 1951 and 1930).
cfWages as of June 1,
1978: Common, $9.96; skilled, $13.19.
©Revisions for 1975 are in the July 1976 SURVEY.
552
1,032
436
904
CURRENT
SURVEY
June 1978
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
S-17
1977
Apr.
Annual
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
2,369
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
UNEMPLOYMENT
INSURANCE
Unemployment insurance programs:
Insured unemployment, all programs, average
weekly §9
thous_.
State programs (excl. extended duration prov.)
Initial claims
thous..
Insured unemployment, avg. w e e k l y . . . d o —
Percent of covered employment: A
Unadjusted
Seasonally adjusted
B eneficiaries, average weekly
thous -.
Benefits paid §
mil. $_.
Federal employees, insured unemployment,
average weekly
thous.
Veterans' program ( U C X ) :
Initial claims
do...
Insured unemployment, avg. w e e k l y . . . d o . . .
Beneficiaries, average weekly
do...
Benefits paid
mil. $.
Railroad program:
Applications
thous.
Insured unemployment, avg. weekly.._do,-.
Benefits paid
mil. $_
3,846
3,304
3,506
3,105
2,939
3,065
2,751
2,643
2,649
2,853
3,226
3,780
3,638
' 3,212
• 2,659
20,065
2,991
19,488
2,647
1,357
2,752
1,325
2,414
1,429
2,289
1,707
2,465
1,467
2,322
1,229
2,089
1,350
2,071
1,582
2,274
2,010
2,644
2,272
3,191
1,692
3,273
'1,442
' 2, 901
1,215
• 2,379
4.6
3.9
3.6
3.7
1,998
666.0
3.4
3.8
1,988
658. 3
3.6
3.9
1,898
592.4
3.4
4.1
1,933
671.3
3.1
4.1
1,693
565.2
3.0
4.0
1,613
584.2
3.3
3.9
1,721
599.5
3.9
3.7
2,178
2,450
8, 974. 5 S, 773. 0
4.1
3.7
2,363
763.7
2,011
703.0
4.6
3.6
2,520
910.2
4.7
3.6
2,753
919.2
4.2
3.5
2,615
1002.0
3.4
'3.1
2,164
711.7
50
46
50
43
41
41
40
42
46
42
38
401
98
98
593.0
354
80
78
341.5
26
87
85
29.6
26
78
74
27.2
32
74
76
28.0
32
76
71
25.1
34
74
72
28.2
65
25.0
28
67
64
23.1
67
64
24.7
27
68
66
25.6
25
69
71
26.0
23
69
65
22.6
'23
59
60
24.5
115
27
134.8
104
21
99.8
3
21
9.1
2
16
6.2
11
13
6.7
17
15
4.7
13
18
5.9
10
20
5.5
7
20
7.4
21
9.1
12
25
9.7
13
40
13.1
12
41
16.9
25.654
63,878
49,223
8,926
40, 297
14.655
2,051
v 2.9
v 3.1
29
18
47
55
18.9
13
FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
mil. $..
Commercial and financial co. paper, total-,.do
Financial companies
do—
Dealer placed
do—
Directly placed
do
Nonfinancial companies
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit A dm.:
Total, end of period
mil. $..
Farm mortgage loans:
Federal land banks
do
Loans to cooperatives
do
Other loans and discounts
do
Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted:
Total (233 SMSA's)O
bil. $..
New York SMSA
do....
Total 232 SMSA's (except N.Y.)
6 other leading SMSA'sf - .
226 other SMSA's
22,899
56,333
41,613
7,325
34,288
14,720
23,201
57,573
43,136
7,492
35,644
14,437
23,440
59,372
44,642
7,761
36,881
14,730
23,091
59,397
44, 886
7,854
37,032
14,511
23,317
59,952
44,815
8,094
36, 721
15,137
23,908
63,924
48,151
8,784
39,367
15, 773
24,088
63,927
48, 361
8,806
39,555
15, 566
36,740
41, 713 39,581
40,035
40,322 40,644 40,889
41,112
41,442
19,127
4,931
12,682
22,139
5,600
13,974
20,540 20,820
5,654 5,232
13,841 14,271
21,076 21,302 21,524
5,001 4,914 4,953
14,566 14,673 14,635
21,714
5,407
14,321
20,242
5,924
13,416
23,499
58,760
44,404
7,935
36,469
14,356
25, 252
66,500
50,961
9,409
41,552
15,539
25,411 26,181
67,015 67,093
51,684 51,440
9,340 8,972
42,344 42,468
15,331 15, 653
70,594
53,877
9,693
44,184
16,717
41,600 41,713
42,179
42,663
43,632
44,329
21,923 22,139
5,696 5,600
13, 981 13,974
22,351 22,581
6,073 6,277
13, 755 13,806
22,927 23,185
6,800 6,939
13,905 14,205
30,585.5 32,028.5 32,394.9
14,988.9 15,739.7 15,516.4
15,596. 5 16,i,284.2 16,878.5
6,055.5 6,420.4 6,213.1
9,541.1 9,863.8 10,665.4
107,718
25
97,021
11,598
139,889 135,084 131,108 137,763 133,932 134,425 139,288 128,999 133,591 139,889 134,925 134,500 136,643
116,303 111,163 108,982 114,757 110,203 109,302 115,972 106,794 109,729 116,303 109,849 110,235 113,604
1,265 1,069
379
400
788
260
926
265
923
758
265
304
332
102,819 99,967 97,394 102,239 98,711 98, 436 104,715 94,597 96, 477 102,819 97, 004 98,450 101,577
11,718 11,636 11,629 11,620 11,595 11,595 11,595 11,595 11, 595 11,718 11,718 11,178 11,718
do.
133,540
139,889 135,084 131,108 137,763 133,932 134,425 139,288 128,999 133,591 139,889 134,925 134,500 136,643 141,394 141,428
do
do
do
38,016
25,158
85,590
Reserve bank credit outstanding, total 9 _ do
Time loans
do
U.S. Government securities
do
Gold certificate account
do
Deposits, total
Member-bank reserve balances
Federal Reserve notes in circulation
25,654
63,878
49, 223
8,926
40, 297
14, 655
do....
do..
do....
Federal Reserve banks, condition, end of period:
Assets, total 9
mil. %
Liabilities, total 9
22,523
52,041
39, 710
7,294
32,416
12,331
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total
mil. $__
R equired
do
Excess
do
Borrowings from Federal Reserve b a n k s . . . d o
Free reserves
do
133,540
35, 550 40,297
26,870 25,773
93,153 83,757
135,136 i 36,471 34,613
134,964 i 36, 297 34,602
1
11
U72
174
1
73
162
558
-48
1122 i -330
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:
Deposits:
Demand, adjusted^1
mil. $.. 112,773
36,114 40,872 36,748
29,009 24,562 26,912
85,333 86,326 86,674
35,591 40,928 30.379
28,262 23,953 22,841
87,506 87,361 88.380
30,042
26, 345
91, 229
34,732
34,460
272
200
103
35,186
34,987
199
1,071
-771
35, 782 36,471
35, 647 36,297
135
174
840
558
-622
-330
34,406
34,293
113
262
-94
35,391
35,043
348
336
72
35,156 35,860
34,905 35,521
339
191
634
1,319
-331
141,394 141,428
116,621 116,058
' 1,750 1,167
103,500 102,826
11,718 11,718
35,550 31,822
26,870 19,301
93,153 90,159
30,805 33,697 •36,663 33,098
26,047 27,900 •28,321 29,586
90,703 91,066 92,331 94,570
38,185
37, 880
305
481
-144
36,738 36,231 '36,880 37,219
36,005 35,925 '36,816 36, 877
133
306
342
'64
405
344
539
1,227
-220
9 ' -432 -792
Demand, total 9
Individuals, partnerships, andcorp
State and local governments
U.S. Government
Domestic commercial banks
do
do
do...
do
do
181,528
130,575
6,041
1,620
27,383
109,800 109, 343 110,328 110,421 113,266 109,130 113,077 113,231 120,472 114,743 112,191 112,769 112,127 113,822
173,317
185,989 176,016 179,973 182,949 176,535 182,852 189,514 200,280 188,226 191,501 177,269 188,146 206,908
200, 280
143, 553 125, 598 132,874 126,871 128,296 130,848 125,685 131,535 135,815 143, 5F,3 134,181 136,293 128,408 133,580 144,852
7,107
6,320 5,748 6, 630 6, 235 6,346
6,205
6,678 6,298 6,079
0, 377 5,665 0,510 6,144
6,346
1,013 5,352 1,196 2,707 3,744 2,105
4,881 1,083
1,349 2,777
2,745 2,702 3,714
3,744
1,325
27,
983 29,172 24,482 26,886 35,975
22,
780
26,607
29,090
25,407 26,049
25,178 27,714
29,275
29, 275
Time, total 9
Individuals, partnerships, and corp.:
Savings
O ther time
do.
231,416
252,424
do.
do -
89,473
107,545
92, 461 94, 700 94,412 94,088 94,331 93,598 93,405 92,844 92,276 92,461 92,562 92,641 94,013 93,202 93,405
121,400 104, 251 107,151 109,686 110,461 112,131 113,712 114,681 117, 672 121,400 120,910 122,262 126,550 128,296 131,672
Loans (adjusted), total d1
Commercial and industrial
For purchasing or carrying securities
To nonbank financial institutions
Real estate loans
Other loans
do.
do..
do_
do_
do,
do.
291,495
116,480
12,327
24,540
63,409
96,816
324, 557 292, 549 298,242
125, 534 117, 447 117,982
13, 638 11,966 12, 748
23, 004 23, 017 23,208
74, 600 65, 432 66,304
111,547 93, 538 100,307
Investm ents, total
U.S. Government securities, total
Notes and bonds
Other securities
do
do
do
do
111,452 113,934
50,076
46, 111
36,825 37, 247
61,376 • 67, 823
120,472
231,856 235,803 237,934 238,498 239,513 241,749 243,106 246,729 252,424 252,425 254,902 260,621 261,462 265,176
76 111, 594
111,17
48,273
47,"
40,099 39,459
63, 480 63,321
299,724
119,439
12,296
23, 013
67,721
98,659
112,249 110,660 111,345 111,301 110.989 112, 725
48,295 46,726 46,485 45,713 44,810 45,659
39,153 38,701 38,458 38,073 37,212 37,468
63,954 63,934 64,860 65,588 66,173 67,066
' Revised.
v Preliminary.
* Average for Dec.
§ Insured unemployment (all programs) data include claims filed under extended duration provisions of regular State laws;
amounts paid under these programs are excluded from State benefits paid data.
ATnsured
unemployment as % of average covered employment in a 12-month period.
9 Includes
data not shown separately.
& For demand deposits, the term "adjusted" denotes demand
deposits other than domestic commercial bank and U.S. Government, less cash items in
266-014 (Pt. 1) O - 78 - S3
305,006 305,789 303,936 310,908 318,767 324,557 322,039 323,040 325,163 332,251 339,652
119,308 119,292 120, 290 123.508 123,573 125,534 124,359 126,609 128,805 131,654 134, 601
13,667 12,854 13,075 12,905 13,167 13,038 12,983 12,612 11,521 12,481 12,296
22,461 22,507 22, 525 23,188 23,285 23,904 22,573 22.370 22,589 22,931 23,023
68,958 69,999 71,353 72,490 73,444 74,600 75, 241 75,897 70,788 77,936 79,156
101,205 102,341 101, 651 105,016 107,158 111,547 109,149 106, 727 107, 664 108,708 117,686
113, 934
40, 111
37,247
67,823
110,113
44, 611
37,598
65,502
110, 763
44,969
38,380
65, 794
109,907
44,038
37, 710
65,869
112,417 111,295
44,335 43,425
39,534 38,503
68,082 67,870
process of collection; for loans, exclusive of loans to and Federal funds transactions with
domestic commercial banks and after deduction of valuation reserves (individual loan items
are shown gross; i.e., before deduction of valuation reserves).
OTotal SMSA's include
some cities and counties not designated as SMSA's.
H Includes Boston, Philadelphia,
Chicago, Detroit, San Francisco-Oakland, and Los Angeles-Long Beach.
SUEVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1978
1977
1977
Apr.
Annual
June 1978
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
BANKING—Continued
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates), seas adj.:f
Total loans and investmentsO
bil. $..
Loans©.
do
U.S. Government securities
do
Other securities .
do
784.4
538.9
97.3
148.2
Money and interest rates:§
Bank rates on short-term business loans:
In 35 centers
oercent r>er annum
New York City
do
7 southeast centers
8 southwest centers
865.4
612 9
93.5
159.0
812.4
557.7
102.8
151.9
819.4
562.1
104.6
152.7
825.5
567.0
105.3
153.2
831.8
574.5
102.9
154.4
840.4
582.4
102.6
155.4
843.1
587.6
99.5
156.0
852.6
597.8
97.2
157.6
866.1*
611.2
95.0
159.9
865.4
612.9
93.5
159.0
874.3
622.4
92.5
159.4
881.9
625.4
97.5
159.0
888.8
633.5
96.5
153.8
904.8
645.0
98.4
161.4
917.9
657.9
97.1
162.9
7 52
7 12
7 88
7 48
7 74
7.54
7 80
do
do
Discount rate (N.Y.F.R. Bank), end of year or
month
_
percent..
5.25
6.00
5.25
5.25
5.25
5.25
5.27
5.75
5.80
6.00
6.00
6.37
6.50
6.50
6.50
6.84
17.35
'6.93
6.85
6.78
6.76
6.75
6.78
6.89
6.95
7.08
7.26
7.34
7.48
7.64
7.76
7.86
18.76
18.92
!8.80
18.83
8.73
8.74
8.74
8.75
8.78
8.78
8.81
8.86
8.82
8.86
8.84
8.88
8.85
8.89
8.87
8.93
8.93
8.95
8.96
8.99
9.03
9.04
9.07
9.14
2 5.19
5. 35
2 5.59
22 5. 60
5.49
4.78
4.87
4.81
5.34
5.35
5.13
5.39
5.49
5.38
5.43
5.41
5.38
5.88
5.84
5.71
6.16
6.17
6.04
6.57
6.55
6.41
6.58
6.59
6.49
6.60
6.64
6.52
6.86
6.79
6.69
6.82
6.80
6.74
6.79
6.80
6.73
6.92
6.86
6.74
7.32
7.11
6.98
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent.. 224.989
6.94
3-5 year issues
do
2 5.265
2 6.85
4.540
6.58
4.942
6.76
5.004
6.58
5.146
6.67
5.500
6.90
5.770
6.92
6.188
7.23
6.160
7.28
6.063
7.40
6.448
7.71
6.457
7.76
6.319
7.76
6.306
7.90
6.430
8.10
193,328
62,988
4,841
6,736
225,645
72,887
5,244
8,066
18,733
6,304
19,275
6,473
20,765
7,197
18,801
6,286
21,314
7,035
18,784
5,898
19, 721
5,924
21,432
5,635
16,718
5,031
16,688
5,469
21,976
7,541
21,339
7,175
493
690
445
704
496
821
484
740
540
856
19,298
6,178
25,862
4,783
31,761
5,886
2,361
2,485
2,666
2,453
2,934
2,937
2,818
2,878
3,811
3,121
2,533
3,023
2,897
446
472
506
493
555
513
475
498
589
563
478
586
589
do
do
do
do
172,795
52,750
4,691
5,151
194,555
59,652
4,802
6,098
15,790
4,856
16,167
4,914
16,591
5,225
15,828
4,811
16,927
5,312
16,937
5,260
16, 788
5,013
16, 932
5,040
17,365
5,006
16, 321
4,860
19,067
5,860
17,803
5,353
398
509
440
553
16,361
4,998
do
do
24,012
4,552
28,851
5,202
2,167
2,412
2,390
2,261
2,461
2,513
2,640
2,612
2,645
3,014
2,729
3,053
2,693
426
418
424
428
441
418
429
447
466
511
435
561
575
do
do
do
do
18,784
6,106
18,503
6,048
18,810
6,063
18,631
5,966
19,204
6, 158
19,164
6,109
19,787
6,083
19,680
6,330
20,138
6,721
19,586
6,263
20,179
6,400
21, 595
6,822
22,117
7,248
do
do
2,576
3,231
3,255
475
do do
do
do
do
do
Federal intermediate credit bank loans
do
Home mortgage rates (conventional 1st mortgages) :1T
New home purchase (U.S. avg.)
percent..
Existing home purchase (U.S. avg.) .
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
do
Commercial paper (prime, 4-6 months)..do
Finance co. paper placed directly, 3-6 mo.do
2
8.79
8.83
CONSUMER CREDITS
(Short- and Intermediate-term)
Installment credit extended and liquidated:
Unadjusted:
Extended, total 9
mil. $
Automobile paper. .
do
Mobile home
_.
do
Home improvement
do
Revolving:
Bank credit card. _
do
Bank check credit...
do .
Liquidated, total 9
Automobile paper
Mobile home
Home improvement
Revolving:
Bank credit card
Bank check credit
Seasonally adjusted:
Extended, total 9
Automobile paper Mobile home
.
Home improvement
Revolving:
Bank credit card
Bank check credit
Liquidated, total 9 _ _.
Automobile paper
Mobile home
Home improvement
Revolving:
Bank credit card
Bank check credit
.
Total installment credit outstanding, end of year or
month
.
mil. $
By credit type:
Automobile .
do
Mobile home
do
Home improvement
do...
Revolving:
Bank credit card
do
Bank check credit
.do...
Allother
do
417
498
479
668
426
512
415
636
410
529
386
536
464
696
415
525
442
701
372
526
379
595
365
521
329
452
365
501
343
558
348
494
518
785
431
590
506
761
411
550
420
686
455
671
2,621
2,640
2,566
2,711
2,847
2,973
2,828
2,973
2,948
710
3,143
506
521
499
510
485
487
492
531
556
535
608
646
15.886
4,901
15,849
4.801
16,388
5,100
16,167
4,897
16,553
5,104
16.814
5,005
17,160
5,234
16, 826
5,089
17,402
5,424
17,162
5,078
17, 518
5,296
17,527
5,300
18,398
5,520
2,298
2,430
2,403
2,382
2,396
2,567
2,687
2,585
2,723
2,788
2,858
2,783
2,944
415
402
431
459
450
436
430
466
485
491
448
488
590
414
480
421
502
386
505
397
506
479
733
424
551
424
679
392
536
457
718
413
517
464
761
390
550
460
722
384
549
449
618
398
514
406
383
539
502
770
394
553
508
753
413
541
189,720 192,828 196,998 199,971 204,358 207,294 209,141 212, 074 216,572 215,925 216,297 219,203 222,737
185,489
216,572
66,116
14,572
10, 990
79,352
15,014
12,952
69,298
14,521
11,315
70,857
14,540
11,507
72,829
14,627
11,794
74,304
14,713
12,025
76,027
14,812
12,329
77,207
14,880
12,532
77,845
14,929
12,703
78, 757
14,999
12, 879
79,352
15,014
12,952
79,376
14,978
12, 904
79, 984
14,973
12, 968
81, 666
15,062
13,162
83,490
15,156
13,375
11,351
3,041
79,418
14,262
3,724
91,269
11,215
3,094
80,277
11,287
3,148
81,488
11,563
3.230
82,955
11,754
3,295
83,880
12,227
3,409
85,554
12.651
3.504
86,519
12,829 13,096
3,601
3,551
87, 283 88, 743
14,262
3,724
91,269
14,369
3,776
90,522
14,174
3,822
90, 376
14,142
3,844
91, 327
14,345
3,856
92,515
By holder:
Commercial banks.
do
89,511 105,291 92,377 93,875 96,149
Finance companies
do
38, 639 44,015 39,561 40,127 40,712
Credit unions
do
37,036 31,912 32,704 33,750
30 546
21,082 17,734 17,911 18, 032
Retailers
do
19 052
Others
do
9,149
8,136
8,211
8,355
7,741
r
2
Revised.
p Preliminary.
1 Average for year.
Daily average.
QAdjusted to
exclude interbank loans.
§ For bond yields, see p. S-21.
t Beginning Jan. 1959, monthly
data have been revised to reflect new seasonal factors and adjustment to bench marks for the
latest call date (Dec. 31, 1975). Revisions are available from the Federal Reserve Board.
Washington, D.C. 20551.
J Data have been revised back to 1970, noninstallment credit
454
740
97,794 100,059 101,564 102,504 103,469 105,291 105,466 105,663 107,166 109,336
41,398 41,987 42,333 42,704 43, 322 44,015 43,970 44,107 44,486 45,182
34,122 35,077 35,779 35,993 36, 488 37,036 36,851 37,217 38,1S5 38,750
18,137 18,475 18,725 18,961 19, 629 21,082 20,525 20,060 19,920 19,941
8,520
8,760
8,894
8,978
9,166
9,149
9,250
9,446
9,114
9,528
is no longer available on a monthly basis. "Personal loans" and "other consumer goods
paper" have been combined to form an "all other" category. Earlier monthly data are
available from the Federal Reserve Board, Washington, D.C. 20551.
11 Beginning Jan.
1973, data have been revised; revisions for Jan. 1973-April 1975 will be shown later.
9 Includes data for items not shown separately.
SUKVEY OF CUKKEN11 BUt5 JUNE
June 1978
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1977
1976
S-19
1978
1977
Annual
May
Apr.
June
July
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
FINANCE—Continued
FEDERAL GOVERNMENT FINANCE
Budget receipts and outlays:
Receipts (net)
Outlays (net)...
--Budget surplus or deficit (—)
mil. J
.-do.
do.
i 299,197
i 365,648
1-66,451
1
1
356,861
401,896
-45,035
39,832
27,549
35,363 33,592
4,469 - 6 . 0 4 3
Budget financing, total
Borrowing from the public
Reduction in cash balances;
do
do
do
i 66,451
1
82,913
'-16,462
45,035 -4,469
53,516
1,206
i-8,481 -5,675
Gross amount of debt outstanding.
Held by the public...
do
do
1
631,385
1
709,138 681,905
551,843 534,590
479,819
1
Budget receipts by source and outlays by agency:
Receipts (net), total
-._
mil. $. 299.197 1356,861
130,795 156,725
Individual income taxes (net)
do...
41,409 i 54,892
Corporation income taxes (net).
.do...
Social insurance taxes and contributions (net)
mil. $.. 92,714 '108,683
34,281 * 36,561
Other
_
do_
Outlays, total 9 do.... '365,648 '401,896
12, 796 i 16,738
Agriculture Department
..do
195,751
Defense Department, military
do
Health, Education, and Welfare Department
1
1
6,043
-2,871
8,914
43,075 24,952 29, 676 36,642 24,127 27, 596 32,794 33,201 26,795 24,879
32,881 33, 630 34,720 35,097 38,790 36,864 37,646 36,918 33,787 40,004
10,194 - 8 , 678 -5,044
1,545 -14,663 — 9 , 269 -4,852 -3,717 -6,992 -15,125
-10,194
518
-10,712
5,044 -1,545 14,663
8,678
7,780 10,024 1,851
1,803
-11,569 12,812
-2,736
6,875
4,852 3,717
6,027
8,854 9,971
415 -5,119 -2,310
6,992
5,108
1,884
15,125
9,656
5,469
682,965 685,249 684,592 695,485 709,138 707, 693 18, 232 '29,164 731,821 739,650 747,844
531,719 532,237 534,039 541,819 551,843 553,694 562, 548 572,519 578,546 583,654 593,310
27,596
13,171
920
32,794
13,941
9,212
33,201
20,217
1,991
26,795
10,620
1,013
24,879
5,258
8,023
6,550 10,404
2,857 3,100
6,647
2,995
7,998
2,996
8,560
3,037
2,840
8,721
37,646
3,018
8,200
36,917
2,689
8,123
12,427
2,736
33,787
939
8,226
40,004
1,879
9,168
13,300
3,058
339
1,597
13,179
6,344
320
2,604
13,125
5,082
315
684
13,378
3,601
342
1,514
14,387
3,386
370
2,676
39,832
18,476
7,974
27,549
9,289
1,096
43,075
17,949
14,379
24,952
12,438
1,538
29,676
12,725
809
36,642
17,327
8,376
10,703
2,678
14,203
2,961
3,052
7,961
3,016
12,958
3,185
7,828
3,112
35,363
1,825
7,745
33,592 32,881
1,102 1,316
7,954 8,364
33, 630 34,720
1,674
965
7,851
8,317
35,097
1,471
8,094
38,790
1,773
7,992
12,318
5,012
322
1.683
12,311
3,053
309
1,649
12,387
4,930
299
1,334
12,961
3,113
355
1,417
12,944
2,970
324
1,329
12,774
5,385
310
1,574
24,127
13,275
1,445
128,785
143,527
13,670
1
18,415
147,455
i 49,560
i 3,944
1
18,019
Receipts and expenditures (national income and
product accounts basis), qtrly. totals seas. adj.
at annual rates:f
Federal Government receipts, totalt
bil. $.
332.3
373.9
371.2
373.2
386.3
• 395.3
Personal tax and nontax receipts
do
Corporate profit tax accruals
do
Indirect business tax and nontax accruals.do
Contributions for social insurance
do
147.3
55.9
23.4
105.7
170.7
59.4
24.8
118.9
168.6
59.9
24.6
118.1
168.6
59.5
25.4
119.
175.6
63.0
25.2
122.5
• 176. 0
'59.8
26.0
133.5
Federal Government expenditures, totalf.-do
386.3
423.4
411.5
432.1
446.3
• 451.1
130.1
86.8
145.4
94.3
143.6
93.4
148.1
95.6
153.8
98.5
152.7
99.5
162.0
61.0
27.2
173.1
67.5
29.6
169.3
63.6
29.1
174.8
72.7
29.4
177.4
71.7
31.5
' 179.9
74.7
'33.7
11.9
'10.2
Treasury D epartm ent
National Aeronautics and Space Adm
Veterans Administration
do
do
do
Purchases of goods and services
do..
National defense
do.
Transfer payments.
do...
Grants-in-aid to State and local govts
do
Net interest paid.
do
Subsidies less current surplus of government
enterprises
_
bil. $..
5.9
12,434
6,031
314
1,218
5.9
.0
.0
.0
.0
.0
do...
-54.0
-49.5
-40.3
—58.9
-60.0
-55.8
bil. $.
do...
do...
do...
do...
321.55
20.26
154.93
91.55
84.13
350.51
23.40
170.98
96.76
87.92
328.79
21.03
160.29
92.20
84.38
331.03
21.08
161.52
92.36
84.43
334.39
21.25
164.19
92.85
84.71
10.48
25.83
2.00
16.50
11.20
27.51
2.07
18.58
10.80
26.36
1.48
16.63
10.82
26.50
1.62
17.12
10.90
26.66
1.56
16.98
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):
Value, estimated total
mil. $. 321,167 360,766 26,722
Ordinary (incl. mass-marketed ord.)...do... 212,003 2 242,842 19,400
6,786
Group
do... 102, 791 115,006
536
6,533
6,373
Industrial..
_
do...
MONETARY STATISTICS
Gold and silver:
Gold:
11,719 11,636
Monetary stock, U.S. (end of period)...mil. $.. 11,598
-11
426
331
Net release from earmark§
...do.
Exports
thous. $.. 347,516 1,042,625 1,908
23,716
331,017 674,026
Imports..
_
do
Less: Wage accruals less disbursements..do...
Surplus or deficit (—)...
.0
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance cos
Government securities
Corporate securities
Mortgage loans, total
Nonfarm
Real estate.
Policy loans and premium notes
Cash.
_
Other assets
_
Production:^!
South Africa
Canada
_.
do.
.do.
(todo..
_
mil. J
do.
962.4
65.2
2
951.6
2 73.7
78.5
5.7
10.90
26.78
1.50
16.95
10.93
26.95
1.60
17.24
27,414
20,115
6,717
582
30,990 27,191
21,024 17,833
9,430 8,624
536
734
29,961
20,418
9,036
507
11,629
61
67,104
28,825
11,620 11, 595 11,595
37
5
62
27,107 245,864 96,536
99,552 26,458 42,507
79.0
6.9
80.2
5.9
Silver:
4,632
4,629
6,714
84,645
Exports
_
thous. $.. 61,434
2325,252 354,818 31,170 25,796 30,236
Imports
...do
4.777 4.692 4.443
4.353
4.623
Price at New York
_
dol. per fine oz.
Production:
2,446 2,800
2,169
United States.
thous. fine oz_. 26,708
27,519
r
Revised.
*> Preliminary.
* Data shown in 1976 and 1977 annual columns are for
fiscal years ending June 30 and Sept. 30 respectively; they include revisions not distributed
to months.
2 Reported annual total; revisions not distributed to the months.
9 Includes
data for items not shown separately.
336.65 338.96
21.64
21.98
165. 78 166.94
93.11
93.33
84.87 85.00
81.1
6.0
83.2
5.8
14,562
17,886
4.498
7,824
31,290
4.444
341.38
22.54
167.58
94.07
85.60
343.74
22.79
168.73
94.68
86.12
347.18
23.40
170.40
95.11
86.46
10.93
27.09
1.60
17.57
11.02
27.22
1.46
17.83
11.11
27.36
1.65
18.17
33, 217 29, 396 30,391
19, 689 20, 750 21,322
13,020 8,088 8,549
508
520
558
350. 51 352.91
23.40 23.67
170. 98 173.04
96.76 97.17
87.92 88.27
355.07
23.97
174.43
97.48
88.46
357.92
23.94
176. 30
97.96
88.75
11.25
27.63
1.60
18.55
11.32
27.76
1.44
18.68
11.31
27.95
1.52
18.93
44,644 26,063 26, 603
24,738 17, 755 18,893
19,459 7,862 7,264
446
445
447
35, 877
23, 952
11, 351
574
31,562
22,359
8,634
569
11,718
-9
11,718
11,718
41
76.4
5.5
80.6
6.4
82.8
11.20
27.51
2.07
18.58
11, 595 11, 595 11,595 11,719 11,718
44
-116
85
110
262
7,456 263,126 41, 553 78, 272
88,226 43,052 182,659 59, 317
84.4
5.5
80.2
5.6
80.2
6.2
10, 688 4,565
454
31,776 26, 395 32,698
4.539
4.763 4.828
73.0
6.2
76.0
5.8
14,666
25,587 136,446
4.409
4.706
10,735
7,936 13,665
82,384 210,902 164,590
5.118
4.936
5.273
5.121
1,634
1,893
1,982
2,536
1,219
2,267
3,280 4,286
1,481
fData have been revised back to 1946 (see table 3.2 in the Jan. 1976 and July 1977 SURVEYS
1,054
l c ^ i n earmarked gold ( - ) .
1973; at $42.22 thereafter.
HValued at $38 per fine ounce from Jan. 1972-Sept.
SUEVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
1977
Apr.
Annual
June 1978
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
MONETARY STATISTICS—Continued
bil. $..
93.7
103.8
94.0
95.6
96.7
97.0
97.9
97.8
98.9
101.9
103.8
100.8
101.4
102.4
103.1
Money supply and related data (avg. of daily fig.): ©
Unadjusted for seasonal variation:
Total money supply
bil. $..
Currency outside banks.
...do
D em and deposits
do
Time deposits adjustediT
do
U.S. Government demand deposits^
do
304.3
77.8
226.5
467.8
4.1
326.1
84.8
241.3
517.1
4.2
324.1
82.9
241.3
506. 5
5.4
317.4
83.5
233.8
510.7
3.6
323.3
84.3
239.0
515.2
5.0
329.1
85.8
243.3
518.8
3.6
326.9
85.9
241.0
532.0
3.4
329.8
86.2
243. 6
525.7
5.0
334.0
86.9
247.0
531.8
3.7
336.8
88.4
248.4
536.0
3.5
346.4
90.0
256.4
542.5
5.1
345.2
88.6
256.6
549.4
4.2
333.3
88.9
244.4
555. 0
4.2
335.4
89.9
245.5
563.6
4.6
347.8
91.0
256.8
567.7
4.8
341.9
91.9
250.0
573.7
3.9
322.0
83.1
238.9
504.5
322.4
83.8
238.6
508.9
324.3
84.2
240.1
513.2
327. 5
85.1
242.3
518.3
329.2
85.5
243.7
521.9
331.6
86.3
245.3
525.9
334.6
87.1
247.5
531.9
334.7
87.7
247.0
540.0
336.7
88.5
248.2
544.9
339.4
89.3
250.1
550.5
339.1
90.0
249.1
556.8
340.1
90.6
249.5
562.1
345.4
91.2
254.3
565.9
347.2
92.1
255.1
572.4
143.9
391.9
158.2
465.2
160.2
474.9
160.6
452.1
90.7
129.4
96.8
134.7
82.1
97.7
139.8
81.7
100.8
135.9
87.7
Currency in circulation (end of period)
Adjusted for seasonal variation:
Total money supply
Currency outside banks
Demand deposits
Time deposits adjusted^
...do
do
do
do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (233 SMSA's)©..ratio of debits to deposits.
New York SMSA
do.
Total 232 SMSA's (except N.Y.)
6 other leading SMSA'scf
226 other SMSA's
do.
do.
do
75.7
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade Comm.):
Net profit after taxes, all industries
mil. $..
Food and kindred products
do.
Textile mill products
do.
Paper and allied products
do
Chemicals and allied products
do
64,519
5,826
809
2,270
7,610
' 70,366
5,575
'828
' 2,367
'8,060
19,683
1,573
'163
667
' 2, 241
16,714
1,383
232
'618
• 1,999
' 18,390
1,455
'268
580
1,900
16,064
1,236
225
563
2,020
11,725
1,447
913
2,085
>• 12,179
' 1,686
'873
' 3,073
'525
'331
'530
• 3,102
•559
•157
•-243
' 2,97S
'455
'140
'365
2,549
246
191
161
3,196
'3,458
• 1,021
7,889
4,073
' 9,131
5,383
•2,411
1,434
' 2,257
1, 332
2,510
1,562
2,067
1,387
5,099
9,890
' 1,989
' 6,133
r 11,840
•2,011
• 3,129
'506
•941
•3,003
'468
1, 525
3, 328
498
1,471
2,730
22,763
'26,585
• 6,507
• 6,197
7,844
6,392
mil. $.
• 57,801
53,618
3,312
4,111
5,954
4,076
3,336
4,203
3,863
5,019
6,385
3,074
2,409
..do
• 41,182
37,532
2,721
2,604
4,064
3,158
2,615
2,972
2,, 373
2,696
4,850
2,314
1,821
do
dol..
'8,304
' 2,803
8,034
3,393
428
163
1,036
212
703
332
368
327
379
178
279
347
823
299
1,556
339
596
445
462
171
388
138
mil. $.
do...
do
do...
252,290
' 15,493
' 1, 762
'14,415
48,958
12,225
2,589
13,199
3,312
1,348
147
774
3,852
652
133
1,612
5,099
1,182
399
1,466
3,853
1,309
289
568
3,172
966
296
497
3,598
551
156
1,417
3,494
705
463
1,102
4,591
744
207
1,714
5,891
1,994
167
1,030
•• 2 , 9 4 7
273
328
644
2,347
716
99
464
do.
do.
do..
' 3, 626
3,562
' 10,283
1,641
4, 353
11,565
100
334
529
129
294
928
128
416
1,144
231
277
1,150
195
45
1,092
60
322
717
65
8
868
126
1,010
630
253
232
1,570
70
519
1,023
41
34
913
33, 845
21,905
45,060
21,349
3,448
5,000
4,237
1,334
5,668
2,294
3,107
1,417
3,997
1,398
3,787
2,223
3,635
1,101
3,142
1,339
3,506
1,049
3,192
1,171
2,664
1,521
4,387
1, 556
10, 490
9,667
823
10,592
9,763
829
10, 617
9, 793
824
10,583
9,756
827
10,680
9,859
822
10,866
9,993
873
10,690
9,839
851
10,901
10,024
877
11,027
10,172
855
600
1,860
605
1,745
600
1,745
615
1,850
630
1,845
640
2,060
660
1,925
635
1,875
630
1,790
Petroleum and coal products
do
Stone, clay, and glass products
do
Primary nonferrous metal
do
Primary iron and steel
..do
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil. $..
Machinery (except electrical)
Elec. machinery, equip., and supplies
do
do
Transportation equipment (except motor
vehicles, etc.)
mil. $..
Motor vehicles and equipment
do
All other manufacturing industries
do
Dividends paid (
.do-
720
SECURITIES ISSUED
Securities and Exchange Commission:§
Estimated gross proceeds, total
By type of security:
Bonds and notes, corporate
Common stock
_
Preferred stock
By type of issuer:
Corporate, total 9
Manufacturing
Extractive (mining)
Public utility
_.
..
Transportation
Communication...
Financial and real estate
State and municipal issues (Bond Buyer):
Long-term
Short-term
do
do
• 3,489
• 4,915
5, 016
964
SECURITY MARKETS
Stock Market Customer Financing
Margin credit at brokers and banks, end of month,
total.
mil. $..
9,885 10,068 10,255
9,011
10,866
9,432
At brokers
do
9,267
9,078
9,993
8,166
At banks
do
823
801
807
873
845
Free credit balances at brokers:
595
615
625
Margin accounts
do....
640
585
1,805
Cash accounts
do
1,715
1,710
2, 060
1,855
2
' Revised.
P Preliminary.
1 End of year.
Beginning Jan. 1973, does not include
noncorporate bonds and notes formerly included.
^Effective February 1976 SURVEY,
data revised to reflect: Annual review of seasonal factors; regular benchmark adjustment;
effect of changes in check collection procedures (Regulation J); and adjustments to include
new figures from internationally oriented tanking institutions. Monthly revisions back to
1970 are in the Feb. 1976 Federal Reserve Bulletin.
If At all commercial banks.
OTotal SMSA's include some cities and counties not designated as SMSA's.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los
Angeles-Long Beach.
§ Data revised back to 1973; no monthly revisions for 1973-75 are
available.
c
9 Includes data not shown separately.
Corrected
SURVEY OF CURRENT BUSINESS
June 1978
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
1977
Apr.
Annual
S-21
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
SECURITY MARKETS—Continued
Bonds
Prices:
Standard & Poor's Corporation:
High grade corporate:
Compositec?_
dol. per $100 bond..
Domestic municipal (15 bonds)
do
58.0
72.5
59.6
81.3
59.4
80.8
59.2
80.5
60.1
81.6
60.0
81.9
60.1
82.4
60.4
83.3
59.5
81.2
59.2
83.2
58.4
81.7
57.2
80.9
56.9
81.8
57.0
82.0
56.3
79.8
55.5
77.2
58.96
56.89
56.31
56.06
57.38
57.48
57.30
57.77
56.68
56.24
55.62
53.74
53.09
52.90
52.15
51.34
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $ 5,262.11 4,646.35
347.46
390.74
450.47
365.10
391. 43 335.65
335.80
353.57
400.87
372.15
283.80
378. 68 408.75
451.17
U.S. Treasury bonds, taxable^
do
Sales:
Total, excl. U.S. Government bonds (SEC):
All registered exchanges:
Market value
.mil. $..
Face value
do
New York Stock Exchange:
Market value
Face value
Yields:
Domestic corporate (Moody's) §
By rating:
Aaa
Aa
A
Baa .
do
do .
percent..
9.01
8.43
8.49
8.47
8.38
8.33
8.34
8.31
8.42
8.48
8.54
8.74
8.78
8.80
8.88
9.02
do
do
do
do
8.43
8.75
9.09
9.75
8.02
8.24
8.49
8.97
8.04
8.28
8.55
9.07
8.05
8.28
8.55
9.01
7.95
8.19
8.46
8.91
7.94
8.12
8.40
8.87
7.98
8.17
8.40
8.82
7.92
8.15
8.37
8.80
8.04
8.26
8.48
8.89
8.08
8.34
8.56
8.95
8.19
8.40
8.57
8.99
8.41
8.59
8.76
9.17
8.47
8.65
8.79
9.20
8.47
8.66
8.83
9.22
8.56
8.73
8.93
9.32
8.69
8.84
9.05
9.49
do
do
do
8.84
9.17
8.85
8.28
8.58
8.13
8.32
8.65
8.17
8.30
8.64
8.12
8.23
8.53
8.06
8.18
8.48
8.02
8.21
8.47
8.05
8.19
8.43
8.03
8.27
8.56
8.07
8.36
8.61
8.10
8.42
8.65
8.10
8.60
8.87
8.20
8.65
8.90
8.32
8.66
8.93
8.41
8.72
9.05
8.49
8.84
9.19
8.60
Domestic municipal:
Bond Buyer (20 bonds)
Standard & Poor's Corp. (15 bonds)
do
do
6.56
6.49
5.67
5.56
5.68
5.61
5.72
5.64
5.56
5.53
5.62
5.50
5.54
5.46
5.51
5.37
5.55
5.53
5.47
5.38
5.66
5.48
5.63
5.60
5.63
5.51
5.69
5.49
5.89
5.71
6.19
5.97
U.S. Treasury bonds, taxable O__
do
7.06
7.14
7.17
6.99
6.97
7.00
6.94
7.08
7.14
7.23
7.50
7.60
7.63
7.74
7.87
7.61
7.60
7.63
7.62
7.51
7.55
7.58
7.62
7.67
7.85
7.92
7.99
8.07
8.06
8.11
311.38 311.20 296. 79 291.30
916. 56 908.20 872. 26 853. 30
113.63 117.11 113.34 112. 37
237.48 236. 39 219. 46 215. 34
283.38
823.96
111.76
209.30
284.77 283.84
828.51 818.80
110.85 111.45
212. 22 214.02
93.74
103.18
99.79
83.15
94.28
93.82
103.71 103.13
100. 76 101. 36
83.90 82.89
By group:
Industrials..
Public utilities
Railroads.
_
Stocks
Dividend rates, prices, yields, and earnings, common stocks (Moody's):
Dividends per share, annual rate, composite
dollars. .
Industrials
do
Public utilities
do
Railroads.
do
N.Y. banks
do
Property and casualty insurance cos.. do
Price per share, end of mo., composite
Industrials
Public utilities
Railroads
6.78
0)
do
"do
do
do
0)
Yields, composite
percent
Industrials
do
Public utilities.
do
Railroads
do
N.Y. banks
do
Property and casualty insurance cos. - do
0)
Earnings per share (indust., qrtly. at ann. rate;
pub. util. and RR.,for 12mo. ending each qtr.):
Industrials
dollars
Public utilities
do
Railroads
do
Dividend yields, preferred stocks, 10 high-grade
(Standard & Poor's Corp.)
percent..
Prices:
Dow-Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks) _
Standard & Poor's Corporation:©"
Combined index (500 Stocks)
1941-43=10
Industrial, total (400 Stocks) 9
do
Capital goods (111 Stocks)...
..do
Consumer goods (189 Stocks)
do
0)
r
7. 98
303.91
974.92
92.28
214.03
301. 70 308.71 312.74
894.62 929.10 926.31
110. 96 107. 71 110.49
225.16 231.00 240. 75
102.01
114.35
115.52
92.73
98.20
108.44
106.79
85.27
99.05
109.89
110.76
84.03
98.76
109.10
109.28
83.43
99.29
109.46
108.17
84.36
Utilities (40 Stocks) .
do
52.57
54.23
53.68
55.29
48.16
14.38
Transportation (20 Stocks)*
...1970=16..
14.06
15.00
14.82
14.17
52.83
Railroads (10 Stocks)
1941-43=10
49.94
54.14
53.06
45.87
11.41
Financial (40 Stocks)*
1970=10
11.63
11.59
11.74
11.46
New York City banks (6Stocks). 1941-43=10..
47. 34 47.94
47.63
47.61
52.14
96.14
95.30
Banks outside N.Y.C. (10 Stocks)
do_.
97. 96 r 98. 23 97.47
112.42 108.19 117.06 121.39
Property-Casualty Insurance (6 Stocks")-do. 105.01
'Revised.
* No longer available.
§ Revised yields by rating for Jan. 1974-Nov. 1975
will be shown later,
d" Number of issues represents number currently used; the change in number does not
100.18
110.12
107. 69
85.21
97.75
107. 50
105. 52
85.13
96.23
105. 94
102. 76
85.20
273.04 267.80
781. 09 763.57
106. 97 104.32
209.90 208.14
90.25
99.34
99.43
80.14
88.98
97.95
96.25
79.11
265. 75 276. 65 288.45
756. 24 794. 66 838.56
105.48 105.85 104.85
204.50 214. 50 225.96
88.82
97.65
93.12
78.68
92.71
102. 07
97. 86
82.69
97.41
107.70
104.69
86.84
52.16
51.72
54.46
51.60
51.71
54.54
52.40
55.42
54.61
56.95
54.26
13.30
12.70
13. 23 13.34
12.91
14.01
13.13
13.74
13,45
14.68
12.97
44.
77
43.61
46.44
44.69
46.05
46.46
46.13
48.11
49.19
53.12
46.23
11.20
10.50
11. 25 11.15
10.33
11.87
10.46
11.61
11.95
12.11
11.09
42.57
38. 66 42.04
38.74
45. 20
41.63
40.32
48.39
45.84
50.04
42.36
97.09 102.28
94.92
90.36
89.56
93.73
90.14
99.68
97. 22 94.40
98.88
99.37 101.01 107. 52 107.88
121.13 114. 79 111.00 106. 53 109.22 108.45 101.86
affect continuity of the series.
H Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
O For bonds due or callable in 10 years or more.
9 Includes data not shown separately.
* New series.
,VEY O F CUKJREJNJr B U
S-22
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1977
Annual
June 1978
1977
Apr.
May
June
July
Aug.
1978
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
SECURITY MARKETS—Continued
Stocks—Continued
Prices—Continued
New York Stock Exchange common stock indexes:
Composite
12/31/65=50..
Industrial
do
Transportation
do
Utility
do
Finance
-do
Sales:
Total on all registered exchanges (SEC):
"Market value
mil. $
1
54.46
60.44
39.57
36.97
52.94
53.69
57.86
41.08
40.92
55.25
53.92
58.47
41.51
40.24
54.30
53.96
58.13
43.25
41.14
54.80
54.30
58.44
43.29
41.59
55.29
54.94
58.90
43.52
42.44
57.29
53.51
57.30
41.04
41.50
56.52
52.66
56.41
39.99
40.93
55.33
51.37
54.99
38.33
40.38
53.24
51.87
55.62
39.30
40.33
54.04
51.83
55.55
39.75
40.36
53.85
49.89
53.45
39.15
39.09
50.91
49.41
52.80
38.90
39.02
50.60
49.50
52.77
38.95
39.26
51.44
194 969
187, 203
15,645
554
15,949
569
15,619
617
16,635
610
15,754
617
13,673
509
13,168
511
15,698
597
15,953
637
14,442
568
11.889
849
15,794
639
12,884
429
13,370
454
13,244
504
13,779
483
13,411
11,378
404
11,343
423
13, 407
486
13,376
12,334
9,990
387
13,289
510
504
462
403
426
484
450
384
414
495
369
451
428
26,093
796.64
26,153
750.45
737.55
26, 276
1
7,023
7,036
Shares sold
millions
On New York Stock Exchange:
Market value
mil. $.. » 164,545 157, 250
5,613
Shares sold (cleared or settled)
millions.. i 5,649
New York Stock Exchange:
Exclusive of odd-lot and stopped stock sales
5,274
(sales effected) .
.
.
millions. _ 5,360
Shares listed, N.Y. Stock Exchange, end of period:
Market value all listed shares
.
bil. $
Number of shares listed
millions
507
433
858.30
24,500
796.64
26,093
800.08
24,787
788.31
25,092
828.46
25,428
815.74
25,668
25,733
799.18
798.95
25,875
766.20
25,913
793.99
26,000
51.75
55.48
41.19
39.69
55.04
54.49
59.14
44.21
39.47
57.96
498
696
776
760.31
26,388
820.76
26,411
829.63
26,588
FOREIGN TRADE OF THE UNITED STATES
VALUE OF EXPORTS
Exports (mdse.), incl. reexports, totalcf
Excl. Dept. of Defense shipments
Seasonally adjusted
By geographic regions:
Africa.—
—
Asia
Australia and Oceania
Europe
Northern North America
Southern North America
South America
By leading countries:
Africa:
Egypt
Republic of South Africa
Asia; Australia and Oceania:
Australia, including New Guinea
India
Pakistan
Malaysia
Indonesia
Philippines
Japan
10,369.2 9,575.2
9,689.6
11,408.2 '9,366.9
do..
do..
10,365.5 9,572.6
11,036.5 9,374.8
9,687.2
9,475.0
11,404.4 '9,364.4 , 514.6 .2,074.2 L2,064.2 2,478.9
11,007.0 '10,014.3 922.4 .0.912.1 1,634.9 .1, 753.7
do..
do..
do..
do.
do.
do.
do.
483.6
5,205.6 5,545.6
29,728.5 31,428.9 2,698.5
2, 689. 9 2,876.5
241.2
35,900.6 36,296.0 3,358.2
523.7
, 963.5
222.3
,260.2
458.9
679. 5
215.0
, 087. 9
486.7
, 577.5
244.8
, 745.3
413.4
, 413.1
249.6
, 434.2
541.6
526.6
278.2
, 009.4
430.0
378.6
246.8 2,423.4
227.5
228.9
586. 7 2,755.3
518.9
277.1
289.7
488.3
24,111.0 25,752.1 2,260.7
687.1
8, 368. 0 8,660.5
772.0
8,595.4 9,274.8
,438.5
674.5
748.4
,322.8
708.2
765.3
,817.8
794.8
817.6
, 768.3
737.3
818.9
, 145. 2
809.2
, 021.1
381.3
767.2
672.1
,222.7
755.2
779.7
,990.1
849.2
891.6
do.
do..
810.0
1,347.6
982.4
1,054.4
104.9
87.9
102.3
95.4
73.9
76.3
101.6
87.8
65.5
82.8
78.4
84.0
43.2
77.3
68.2
72.7
86.2
81.1
do.
do.
do.
do.
do.
do.
do.
2,199. 2
1,135.8
394.3
535.6
2,375.6
778.6
292.7
560.7
201.1
39.4
35.7
44.5
180.6
87.1
48.3
38.8
181.6
94.3
21.4
37.4
202.3
62.7
38.1
45.1
210.3
46.3
16.5
45.2
233.2
48.7
14.8
49.0
196.2
62.3
21.2
79.7
163.4
74.0
17.7
40.9
244.2
92.4
9.3
53.6
1, 034. 6
763.2
818.2
875.9
10,144.7 10,522.1
64.9
61.7
859.7
56.5
69.8
901.7
77.4
83.3
814.0
65.9
69.2
871.6
53.3
88.2
787.4
51.8
88.8
801.9
67.6
54.8
752.2
74.3
67.2
875.8
62.3
85.5
,067.4
3,446.3
3,503. 2
319.6
311.8
287.5
247.2
245.6
321.4
247.9
281.1
318.3
64.9
36.1
2.1
4.5
1.3
.3
3.1
8.3
1.6
5,730.8
5.982.0
539.8
550.1
523.8
448.9
428.5
501.9
440.8
459.0
590.1
3.071.1
2,309. 6
4.801.2
2, 787.5
1,627.5
5.380.1
289.8
239.8
460.9
254.9
104.9
456.3
227.7
107.5
568.9
182.5
91.4
465.7
48.4
382.4
208.1
88.8
440.0
175.9
39.2
387.6
234.4
134.7
370.1
252. 0
173.4
504.2
do...
do
do.
do.
do.
do.
do.
do.
do...
24,106.4 25,748.8 2,260.3 2,438.1 2,322. 5 1,817.6 1,768.1 2,144.8
, 381.0 2, 222. 5 1,990.0
15,487.4 16,346.5 1,326.8 1,305.7 1,340. 6 1,486.9 1,419.4 1.676.1 1, 305. 5 1,398.1 1, 590.7
73.3
73.2
59.5
65.9
78.9
65.2
65.6
52.5
543.7
731.1
57.2
211.6
202.5
132.3
317.8
174.8
210.9
225.1
218.8
2,808.8 2,482.3
233.9
49.7
40.9
52.6
45.1
46.2
34.3
40.0
50.7
507.7
35.8
520.2
79.8
59.8
67.7
85.2
72.9
63.4
60.8
64.6
61.5
702.7
782.0
488.0
437.6
373.0
454.8
418.2
371.8
361.3
477.6
408.6
4, 990.0 4,806.1
316.7
283.1
247.6
228.6
354.4
250.6
272.1
288.3
259.6
2,627.8 3,170. 5
113,318.5
113,128.4
22,997.6
90,320.9
117,962.7
117,900.9
23,671.0
94,291.8
10,348.1
10,342.6
2,208.9
8,139.3
10,674.0
10,669.0
2,199.4
8,474.7
10,040.1
10,037.1
1,882.1
8,158. 0
9,347.6
9,344.4
1,748.9
7,598. 8
8.708.6
8.705.7
1,541. 6
7,167.0
10,148.0
10,144.4
1,733.8
8.414.2
15,710.1
798.0
10,910.9
14,135.8
796."
8, 754.8
1,234.9
64.9
780.1
1,234.7
69.2
755.7
1,148.0
62.6
718.3
1,165.1
67.0
725.1
1,141.7
67.5
684.0
1,247.7
75.3
777.7
1,523.5
1,846.8
112.0
128.8
142.5
156.6
155.6
201.8
Crude materials, inedible, exc. fuels9 do... 10,890.7 13,080.2 1,332.2 1,325.4 1,074.8
Cotton, raw, excl. linters and waste do... 1,048. 7 1,529. 5 189.4 143.0 167.5
Soybeans, exc. canned or prepared
do... 3,315.4 4,393. 2 518.4 528.1 294.8
Metal ores, concentrates, and scrap do... 1,284.9 1,197.0 101.4 110.6 140.6
* Revised.
i Annual total reflects revisions not distributed to the monthly data.
3
Beginning Jan. 1978, data are based on a new classification system and include nonmonetary gold; the overall total and the commodity groups (but not the items within the groups)
have been revised back to Jan. 1977 to reflect these changes.
2,494.6
8,978.5
Exports of U.S. merchandise, totalcf
do...
Excluding military grant-aid
do.. .
Agricultural products, total
do...
Nonagricultural products, total
do...
By commodity groups and principal commodities:
Food and live animals 9
mil. $.
Meats and preparations (incl. poultry).do...
Grains and cereal preparations
do...
Beverages and tobacco
.2,079.4 12,069.7
14,992.4 121,242.4 10,548.0 '10,967.9 10,283.4 9,754.4
.14,802.3 121,180.5 10,542.4 10,962.8 10,280.3 9,751.1 8,975.5
9,953.2 10,521.9 10,091.6 10,384.6 9,674.0
Europe:
France.
do...
German Democratic Republic (formerly E.
Germany)
.mil. $.
Federal Republic of Germany (formerly W.
Germany)
_
mil. $.
Italy
do...
Union of Soviet Socialist Republics do...
United Kingdom
do...
North and South America:
Canada
Latin American Republics, total 9
Argentina..
Brazil
_
_
Chile
Colombia
Mexico
Venezuela
518.5
mil. $..
934.3
98.4
223.3
125.0
711.5
61.6
133.4
89.5
822.7
67.0
113.6
104.5
9,119.1 9,478.3 11,131.5
9,116. 5 9,475.8 11,127.7
1, 705.1 2, 081. 5 2,323. 9
7,414.0 7,396.8 8,807. 6
987.5 1,142.9
67.3
65.1
556.1 677.9
67.3
1,043.3
45.9
448.1
82.2
142.4
1,130.8
103.1
520.0
1,348.2 1,132.7 1, 271.5
77.5
856.9
1,465.
168.0
213.6
282.6
2 138.0
1,472.8 1,684.2
144.3
143.6
1,179.6 21,049.8 1,063.4 1,337.5 1,388.6 1,466.5
156.6
355.3
111.5
cf Data may not equal the sum of the geographic regions, or commodity groups and principal commodities, because of revisions to the totals not reflected in the component items.
9 Includes data not shown separately.
June 1978
SUK
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1
OF ( JUKI
1977
3-23
1977
Apr.
Annual
S1JNE
BUI;
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
1188.9
141.0
165.2
284.5
363.6
97.2
141.5
145.4
119.3
FOREIGN TRADE OF THE UNITED STATES—Continued
VALUE OF EXPORTS—Continued
Exports of U.S. merchandise—Continued
By commodity groups and principal commodities—Continued
Mineral fuels, lubricants, etc. 9
mil. $._ 4,225.8
Coal and related products..
do.
2,988.2
Petroleum and products. _
do.
997.6
Animal and vegetable oils, fats, waxes...-do_
978.1
Chemicals
do.
9,958. 7
Manufactured goods 91[
do.
11.206.1
Textiles
do.
1,970.9
Iron and steel
do.
1,906.8
Nonferrous base metals
do.
1,088.4
Machinery and transport equipment, total
mil. $_.
Machinery, total 9
do..
Agricultural
do..
Metalworking...
_
do..
Construction, excav. and mining do..
Electrical
do..
Transport equipment, total
do..
Motor vehicles and parts...
do..
Miscellaneous manufactured articles
do.
Commodities not classified
do.
VALUE OF IMPORTS
General imports, total.
Seasonally adjusted
By geographic regions:
Africa
Asia__
Australia and Oceania.
Europe
_
_
_
Northern North America
Southern North America
South America..
By leading countries:
Africa:
Egypt__
Republic of South Africa..
Asia; Australia and Oceania:
Australia, including New Guinea
India. _
_
Pakistan.
__
Malaysia
_
Indonesia
Philippines
Japan
do.
do
...do.
.do
do
...do.
49.501.2
4,183.0
2.730.4
1, 275.6
1,308.7
10,822.8
10,858.0
1,958.9
1.660.5
1.058.4
397.9
280.9
97.3
102 8
902.1
967.9
175.7
157.3
103.8
432.4
284.3
134.1
398.1
295.5
98.3
258.8
108.8
do
do.
_do_
do.
.do
do
do.
do
Crude materials, inedible, exc. fuels 9 do
Metal ores.
do.
Paper base stocks
I_IIIIIIII<ioI
Textile fibers
" do
Rubber.
do
Minerals fuels, lubricants, etc...
do
Petroleum and products
"ZlZIIIIIZIdoZIII
Animal and vegetable oils and fats
do
Chemicals
_
...do
Manufactured goods 9 If.
do
Iron and steel
do
Newsprint
[....l.l.do....
Nonferrous metals. .
do"
Textiles
Z.ZZZZZdoZZZ.
315.3
181.0
118.0
126.3
102.8
105.7
98.1
112.5
116.0
917.6
956.4
879.5 1,063.6
737.2
736.0
1,037.4
830. 2
883.2 1,031.1
971.3 1,018.7
970.5
164.3
139.1
100.4
947.0
169.6
139.5
93.4
856.7
156.9
132.0
87.0
831.9 1,013.9
140.0
194.8
133.7
152.7
80.2
97.2
742.8
120.7
113.1
61.4
815.4
135.7
138.7
69.4
977.3
185.5
136.7
103.3
829.9
848.4 1,067.7
988.7 1,100.4
50,256.7 4,347.9 4,568.9 4,260.8 3,798.9 3,621.6 4,303.1 4,174.4 4,072.4 4,776.9 '3,852.0
32,516.6 2,789.1 2,826.8 2.753.7 2.627.7 2,432.5 2,860. 0 2,442.6 2,644. 2 3, 064.7
1,871.1
183.2
135.7
159.3
163.4
156.9
147.3
125.7
160.3
125.5
730.3
66.0
41.9
73.8
55.0
42.3
68.9
75.1
59.8
48.2
4.405.5
401.3
404.7
362.2 305.4
298.0
320.8
404.6
401.5
374.2
10,285.3
971.2
879.4
844.2
901.7
819.5 878.5
876.7
851.6
778.4
18, 520.0 1, 627. 0 1,806.8 1,572.2 1.204.8 1,244.7 1,507.5 1,794. 0 1, 501. 5 1,787. 3
11,796.5
988.5
995.8
786.7
1.037.8
10,954.2
711.8 1,048.9 1,119.5 1, 015.4
1,156.5
8,236.2 682.2
741.8 1 665.6
724.5
685.3
6,574.9
671.3 692.9
651.3 744.4
698.4
'4,313.7
434.8 i 433.6
270.2
335.1
515.7
2,749.4
312.3
375.5
493.7
250.9
• 368.2
3,941.9 5,144.4 5, 098.2 5,132. 2
31,290.8
2,107.7
949.2
4,945. 3
9, 278.5
18, 210.4
689.6
878.5
854.6
237.5
390.4
511.1
312.!
120,677.6 147.670.5 11,934.6 11,257.7 14,046.4 12,4?0.6 12,044.5 12,450.2 12,494.0 12,261.' 13,371.8 12,717.7 13,286.4 14,547.3 14,486.0 14,199.2
11,797.7 r ll,169.5 13,334.3 12,483.0 12,101.' 12,939.3 12,583.3 12,398.1 13,474.2 12,380.9 14,440.2 13,699.3 14,496.1 13,992.1
12,644.0 17,023.9 1,722.4 1,274.7 1.583.7 1,306.1 1,382.5 1, 466.8 1,264.3 1, 494.8 1,476.6
39,366.8 49,421.7 3,871.1 4,004.3 4,625.6 4,228.9 4,593.1 4.382.4 4,117.3 3, 826.3 4, 503.6
1,671.2 1,719.6
215.0
149.9
128.3
101.9
148.0
145.3
142.6
136.8
179.5
23,645.6 28,330. 9 2,309.5 2,356.5 2.603.8 2,376.6 2,631.8 2,389.1 2,229.2 ,029.4 2,783.4
92.5
924.8
170.0
1,268.8
1,285.7 1,264.2
708.3
781.1
69.8
57.0
939.6 1,321.6
3,004.3 3,491. 3
882.9 1,103. 2
15,504.2 18,622.7
17.1
104.0
18.6
93.1
16.2
101.6
83.8
97.8
104.8
65.4
72.2
75.0
5.2
4.6
5.1
82.4
117.0
113.8
366.7
319.8
240.3
93.2
75.6
110.8
,411.9 1,545.4 1,619.8
18.7
115.1
12.9
100.2
2,495.9
842.3
718.6
27.9
117.1
36.9
111.7
95.1
63.1
7.4
109.9
340.4
89.5
,520.7
117.2
127.1
67.2
64.3
3.7
4.2
113.1
143.6
296.7
272.4
120.2
99.0
,763.3 1, 624.2
124.7
63.8
3.1
102.5
207.5
71.4
1,620.4
26,237.1 29,355.7 2,480.7 2,504.5 2,789.0 2,231.7
od
Latin American Republics, total 9
do
Argentina
do.
Brazil
do
Chile
I.I'doI""
Colombia
do
Mexico
"do
Venezuela...
__do__II
By commodity groups and principal commodities:
Agricultural products, total
..mil. $_
Nonagricultural products, total. _
do
Food and live animals 9
do
Cocoa or cacao beans.
do""
Coffee. _
do
Meats and preparations
do
Sugar.
do
362.1
243.4
103.9
120.1
. d o . . . . 26,246.8 29, 375.4 2,482.3 2,504.6 2,791.4 2,233.5 2,146.1 2.487.5
. d o . . . . 9,348.9 11,590. 7 1,095.0
808.8
901.3
905.7 1,005.5
992.4
.do.
7,760.6 9,343.1
790.3
825.0
720.1
816.4
664.8
734.7
..do.
..do....
366.8
259.0
92.3
125.2
North and South America:
Canada
, 765.3 2,573. 5
990.0
893.5
764.4
686.7
15.8
129.0
2.1
155.7
155.3
86.4
66.1
79.2
5.3
3.1
130.8
109.6
283.3
250.3
119.1
91.3
559.1 1,807.1
2,508.8
3.030.7
217.9
253.4
268.5
270.6
298.4
250.3
281.3
223 A
13.6
16.7
.7
1.8
1.4
.8
1.3
2.2
.9
.7
2.6
5.592.0
2.529.8
220.2
4.254.3
7.215.3
3,037.5
234.4
5,067.9
572.6
265.0
23.0
434.9
589.5
240.1
22.0
422.3
661.7
625.5
248.1
24.8
416.2
648.7
311.3
26.0
498.1
627.0
252.9
10.9
459.1
605.6
221.0
16.0
380.3
569.1
215.1
18.8
333.9
771.3
279.0
12.5
472.0
2,485.7
2,494.8
13,228.3 16,335.3
307.9
383.3
1, 736.6 2, 245. 9
221.6
260.8
654.8
821.6
3.598.1 4.684.8
3.574.4 4,071.9
, 554.1 1,308.7
26.4
28.4
242.3
181.2
26.8
34.2
53.3
66.0
386.4
462.2
255.9
354.2
276.9
21.0
507.0
, 424.7 L, 197. 2
28.5
33.5
193.5
168.0
24.2
17.6
41.2
62.4
344.5
417.4
348.4
296.6
304.1
37.3
182.2
18.5
35.7
369.5
343.9
26.3
141.2
18.5
51.1
322.5
411.3
300.2
5,763.7 2,572.4
1,210.8 ., 262.6 1,445. 8
43.2
35.0
39.8
223.6
155. 2 125.8
33.6
19.1
14.1
77.4
86.1
68.4
451. 0
377.6 428.0
252.7
311.1
283.2
11,179.3 13,538. 3 ,404.3 ,279.9
109,510.4 133,278.4 1,030.3 ,0,626.4
1, 623. 7
, 251. 7 :> oio. 5 , 019.9 , 013. 3 835.6 803.1
2,318.0 .0,849.3 1,641.6 11,462.4 .0,978.1 0,995.4 11,997.4
12,557.8 1,314.3 1,122.7 1,156.8 980.3
901.6 1,294.6 1,126.9
873.7
812.9
41.6
485.5
70.0
43.6
38.7
21.0
25.3
36.1
23.0
37.9
519.0
3.860.9
389.1
360.5
244.7
221.0
152.7
177.5
316.0
215.1
1, 273. 2 114.5
109.5
102.7
106.4
63.0
157. 5
111.4
112.9
82.8
1,079.1
82.9
87.9
78.8
86.2
76.3
89.4
185.4
89.6
108.4
1,669.4
121.7
145.5
144.9
111.2
105.0
182.9
137.8
138.1
162.3
159.8
7,014.1
2.250.9
1,275.5
249.3
520.0
8,486.2
2,234. 4
1,252.4
225.1
650.3
33,999.6
31,797.9
44.537.2 3,511.9 2,792.8 4,305.8 3,911.3 3,651.4 3,720.5 3,634.9 3,702.9 3,153.0 3,422.2 3, 502. 3
1,526.1 5,844.5 1,992.1 3,779. 3 , 331. 2 3,556. 4 3, 538. 6 3,172, 3 3,322.1 3, 223. 0
10,267.6
357.9
2, 632. 3
1, 447. 0
1,154. 0
463.9
4,772. 4
17,621.9
4,347. 6
1,742.4
3,506. 3
1,634.9
530.7
4,970.4
652.8
150.9
102.5
18.2
58.5
36.5
461.5
207.9
100.6
27.3
41.2
42.1
412.4
839.1
246.1
127. 2
24^4
58.2
70.6
449.2
714.7
206.5
94.8
20.2
60.3
41.8
399.4
771.3
238.9
113.6
23.5
40.5
52.6
421.8
744.6
197.8
91.4
15.7
62.3
41.7
436.4
737.4
181.8
90.3
12.6
59.6
29.6
349.1
715.2
218.1
115.8
7.7
31.5
39.0
311.6
781.2
205.0
95.2
18.0
69.5
41.1
549.0
650.4
129.3
418.9
111.4
., 257. 5 ,161.5
, 143.4
162.4
174.7
201.5
189.2
675.2
768.5
712.4
841.4
46.6
472.7
21,367.0 1,712.1 1,781.5 2,010.5 1,784.1 1,863.5 1,888.7 1,869.3 1,763.0 2,117.6 1,982.9 2,195.4
5.804.4
355.0
528.9
568. 9 488.2
511.9
557.7
528.2
593.5
612.1
1,871.8
142.8
174.0
147.4
139.4
156.9
160.3
149.1
175.6
176. 6
3, 938.4
365.1
358.3
334.7
339.1
300.2
371.7
307.9
377.4
311.3
156.3
1,772. 4 144.7
141.2
139.9
139.3
169.2
156.6
181.3
118.8
r Revised.
i See note 2 for p. S-22.
9 Includes data not shown separately.
11 Manufactured goods—classified chiefly by material.
401.8
259.7
134.1
922.9
Europe:
France
_
do
German Democratic Republic (formerly E~
Germany)
mil. $..
Federal Republic of Germany (formerly W.
Germany
mil. $
Italy
do.
Union of Soviet Socialist Republics
do
United Kingdom.
_
do
Beverages and tobacco
333.7
206.7
109.2
431.2 3,513. 5 1,234.1
46.0
604.2
42.7
611.6
51.5
583.9
334.1 1,383. 0 !, 359. 3
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of B U S I N E S S STATISTICS
1976
1977
1977
Apr.
Annual
June 1978
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FOREIGN TRADE OF THE UNITED STATES—Continued
VALUE OF IMPORTS—Continued
General imports—Continued
By commodity groups and principal commodities—Continued
Machinery and transport equipment.—mil. $__ 29,824.7 36,406.7 2,887.2 2,946.9 3,419.1 2,995.2 2,761.3 2,995.9 3,301.5 3,190.1 3,643.1 >3,392.7 3,573. 2 4,050.7 4,085. 5 4,020.4
15,184.5 17,663. 8 1,363.8 1,477.8 1,623.5 1.490.3 1,534. 7 1,531.2 1,505.9 1,399. 2 1,668.8
Machinery, total?-do
433.5
32.6
39.7
46.7
362.1
37.1
39.8
32.9
31.2
32.2
Metalworking.
do
40.7
66.6
763.9
81.7 733.8
741.4
7,424.3 8,432.0
761.3
685.7
624.5
Electrical
do
687.8
Transport equipment
Automobiles and parts.
do.
.do.
Miscellaneous manufactured articles
do..
Commodities not classified
do.
14,640. 2 17,829.9 1,500.7 1,473.2 1,671.1 1.391.4 1,317.9 1,343. 7 1,563. 5 1,645.5 1.766.3
13,104.0 15,842. 0 1,340.9 1,325.5 1,474. 2
1,118.3 1,193.8 1,387.9 1,480.9
1.535.4
1.234.5
12,564.1 13,809.4 1,009.8 1,060.2 1,257.0
1,231.2 1,257.4 1,341.1 1,118.9
1,228.1 1, 293.7 1,511.1
1,305.4
1,261.8
6
2,537. 7 3,335. 7 226.8
r 244. 2 308.4
328. 2 253.5
280.5
414.6
257.5 ' 392. 7
369.2
327.2
230.7
1,460.0
334.8
316.0
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Unit value
..1967=100.
Quantity...
..do...
Value
do...
General imports:
Unit value
do...
Quantity
do...
Value..
do...
202.1
182.7
369.1
7
*>384.7
P181.
248.8
182.1
452.9
P269. 2
P204. 2
?549.8
212.2
190.9
405.0
213.4
195.7
417.8
212.6
184.9
393.0
211.3
173.2
365.9
211.0
161.5
340.9
212,2
187.2
397.2
210.6
169.5
357.0
213.0
174.2
371.0
215.4 P 219.9 J>219.6
202.3 P 164.1 P 162.8
435.7 p 360. 8 ^357.5
265.5
210.4
558.6
272.6
196.7
536.1
268.7
227.3
610.9
270.4
197.0
532.7
273.3
207.6
567.4
273.4
204.7
559.5
272.6
194.7
530.8
275. 5
192. 5
530.3
271.1 P 275. 6 J>282.5 p 288.1
p 227.0
220.
P 207.2
598.0
571. 0 *597.8 p 653.8
219.4
p 211.1
p 463.3
P
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):
Shipping weight.
Value
General imports:
Shipping weight.
Value.
thous. sh. tons.
mil. $.
283,070 P274,429
64,712 *>65,387
24, 776 24,928 24,062
5,976 6,055 5,617
24,085
5,490
21,624
4,880
24, 610
5,947
22,218
4,151
22,978
4,625
24,594
6,371
thous. sh. tons.
mil. $.
517,450 P612,798
81,171 P103,038
50,723
8,600
56,066
9,495
49, 434
8,488
54,324
9,281
53, 204
8, 773
49,016
7,906
48,176
7,312
56,856
10,620
45,746
8,175
TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers (Scheduled Service)
Certificated route carriers:
Passenger-miles (revenue)—
Passenger-load factor §
" s (revenue), total 1
Operating revenues (quarterly) 9 O
Passenger revenues.
C argo rev enues
Mail revenues
Operating expenses (quarterly)©
Net income after taxes (quarterly) O
Domestic operations:
Passenger-miles (revenue)
Cargo ton-miles
Mail ton-miles
_
Operating revenues (quarterly)©
Operating expenses (quarterly)©
Net income after taxes (quarterly)©
International operations:
Passenger-mile (revenue)
Cargo ton-miles
Mail ton-miles
Operating revenues (quarterly)©
Operating expenses (quarterly)©.
Net income after taxes (quarterly) O
bil..
percent_.
mil..
178.99
55.4
24,121
mil. $.
do...
do
.do...
do
do...
»17,506
bil.
.mildo
145.27
194.75
56.2
26,100
15.39
55.6
2,057
15. 34
54.0
2,060
*16,783
*>415
156.61
3,125
751
2,909
719
12.59
250
63
12.31
259
58
.mil. $_. *>13,901
P13,326
do
*>331
do
33.72
2,187
407
.mil. $..
.do
do
*>3,605
*3,457
120
18.85
60.1
2,425
19.49
61.8
2,515
13.69
272
61
2.80
171
34
3.03
173
35
3.32
172
35
16.16
55.3
2,255
14.84
53.9
2,116
17.04
57.4
2,315
16.62
56.8
2,143
13.02
292
62
12.24
281
65
14.01
271
87
13.42
236
62
3.13
254
32
2.60
252
35
3.04
209
43
3.20
220
28
489
479
492
615
610
162.6
175.9
14.51
P55.1
P 1,948
P
P443
1
4,964
P425
15.00
263
57
15.62
278
60
3,885
3,695
159
36.61
2,302
397
15.61
54.1
2,128
p 5,423
P 4,4o7
4,896
4,026
407
80
4,651
216
*14,267
p \ , 497
*>328
bil.
mil.
do
17.02
57.6
2,240
12.34
269
60
P
3.84
186
34
3.86
194
34
1,011
956
56
12.03
p 13.83
12.
91
3,911
3.27
206
31
p 1,223
p 1,053
Urban Transit Systems
5,690
Passengers carried (revenue)
mil..
Motor Carriers
Carriers of property, large, class I, qtrly.:*
Number of reporting carriers
100
Operating revenues, total
mil. $.. 2 11,420
Net income, after extraordinary and prior period
2
charges and credits.
..mil. $..
349
Tonnage hauled (revenue), common and contract
carrier service
..mil. tons..
201
Freight carried—volume indexes, class I and II
intercity truck tonnage (ATA):
Common and contract carriers of property
(qtrly.) cf
average same period, 1967=100..
137
Common carriers of general freight, seas, adj.f
1967=100..
152.3
5,979
2
463
467
471
442
463
100
13,853
100
3,395
100
3,559
100
3,913
2 452
123
146
126
217
57
54
58
148
154
166.2
166.4
166.6
165.8
Class I RailroadsA
Financial operations, qtrly, (AAR), excl. Amtrak:
5,269
Operating revenues, total© 9 —
mil. $._ 18,560
20,116
Freight
do
18,916
17,422
4,97f
Passenger, excl. Amtrak--do
337
84
330
4,148
Operating expenses©
do
16,392
14,948
893
Tax accruals and rents
do
3,345
3,182
228
Net railway operating income...
do
347
430
J
Net income (after taxes) ©
do
1228
273
r
2
Revised.
* Preliminary.
i Before extraordinary and prior period items.
Annual
total; quarterly revisions not available.
^Includes data not shown separately.
11 Applies to passengers, baggage, cargo, and mail carried.
§ Passenger-miles as a percent of
available seat-miles in revenue service reflects proportion of seating capacity actually sold
and utilized.
O Total revenues, expenses, and income for all groups of carriers also reflect
nonscheduled service.
* New Series. Source: ICC (no comparable data prior to 1972).
<? Indexes are comparable for the identical quarter of each year (and from year to year).
426
152
168.1
167.5
165.6
5,002
4,693
84
4,158
838
6
137
166.8
163.6
172.9
v 4,798
4,184
819
98
AEffective 1976 defined as those with annual revenues of $10 million or more; restated 1975
data reflect changes.
©Natl. Railroad Pass. Corp. (Amtrak) operations (not included in
AAR data above), 1975 and 1976 (mil. $): Oper. revenues, 235; 287; net loss, 353; 469 (ICC).
° Domestic trunk
operations
only (domestic trunks average about 90% of total domestic
b
operations).
See note 2 for p. S-22.
t Effective Mar. 1977 SURVEY, revised back to
1957 to new trading day and seas. adj. factors.
VKX
June 1978
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
KNT BUS
1977
S-25
1977
Apr.
Annual
July
June
May
1978
Aug.
Nov.
Oct.
Sept.
Jan.
Dec.
Feb.
Mar.
Apr.
May
190.1
2 70.8
2
208.1
208.2
706
662
550
420
351
3,439
371
4,986
TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION—Continued
Class I Railroads A—Continued
Traffic:
Ton-miles of freight (net), total, qtrly
bil.
Revenue ton-miles, qtrly. (AAR)
do
Revenue per ton-mile
cents.
Price index for railroad freight
1969=100.
Passengers (revenue) carried 1 mile
mil.
822.5
794.1
!6.2
186.6
199.1
198.3
198.2
~198~2~
127
31.32
G3
22.48
67
139
34. 96
05
24. 65
70
128
34.69
64
24.06
70
144
35.72
70
24. 29
72
147
34.89
71
25.07
77
7,700
7,755
6,264
5,382
2,817
60,521
8,201
8,198
6,492
5, 364
3,107
645
646
480
399
357
3,691
643
733
488
419
354
4,567
36,602
16,621
14,618
23,321
6,679
138.5
40, 754
18,667
16,312
26,120
7,298
149.9
3,360
1,531
1,288
2,224
399
140.3
527.7
423.0
75.4
554.8
439.6
86.9
349.5
256.3
71.9
396.9
279.4
108.4
224.9
216.0
210.9
205.3
208.6
198.4
198.5
198.5
198.6
207.7
207.8
207.8
208.0
157
34.06
64
25.81
138
34.98
69
26.10
81
138
35.20
67
25.07
71
155
36.68
76
25.72
76
138
35.70
67
24.96
66
143
35.54
50
24.66
53
124
38.43
60
26.11
63
139
38.32
68
20.80
157
38.09
67
27.42
73
710
853
572
462
371
8,252
919
926
729
548
288
12,107
1,002
801
769
661
271
11,159
719
746
614
500
206
6,355
760
628
528
471
158
5,086
575
520
457
409
180
2,634
511
619
535
446
162
2,050
633
592
550
450
217
1,679
570
586
405
325
239
2,520
711
721
567
420
379
2, 757
3,364
1,545
1,351
2,142
607
140.1
3,397
1,548
1,368
2,163
624
141.0
3,290
1,547
1,323
1,959
827
141.5
3,488
1,557
1,450
2,243
631
142.1
3,467
1,586
1,376
2,291
591
143.0
3,508
1,608
1,398
2,232
637
143.6
3,563
1,627
1,422
2,312
628
144.2
3,573
1,622
1,435
2,373
603
149.9
3,642
1,643
1,487
2,303
661
145.7
3,586
1,646
1,407
2,248
655
145.6
46.0
34.6
9.0
46.6
35.8
8.2
48.4
37.4
8.4
45.2
36.2
6.6
47.4
38.1
37.9
6.3
46.7
37.3
6.8
46.5
37.6
7.0
46.8
39.0
7.0
44.5
36.5
5.4
44.8
35.3
47.9
35.9
9.2
31.7
23.1
8.3
32.9
22.4
33.1
20.0
11.5
31.8
22.5
7.7
33.8
22.9
9.3
34.3
22.6
9.7
34.0
22.5
9.8
34.7
22.0
9.4
34.9
24.5
35.4
23.8
9.2
34.2
23.5
9.0
38.7
25.3
11.8
93
'825
••212
103
811
230
36
198.4
72.5
Travel
Hotels and motor-hotels:
Restaurant sales index
same month 1967=100.
Hotels: Average room sale^I
dollarsRooms occupied
% of total.
Motor-hotels: Average room saleU
dollars.
Rooms occupied
% of total.
Foreign travel:
U.S. citizens: Arrivals©
thous.
DeparturesO.
do.._
Aliens: Arrivals©
do...
DeparturesO
do_._
Passports issued
do...
National parks, visits§
do...
COMMUNICATION
Telephone carriers:
Operating revenues 9
mil. $.
Station revenues
_..do—.
Tolls, message
do...
Operating expenses (excluding taxes)
.do...
Net operating income (after taxes)
do...
Phones in service, end of period
mil.
Telegraph carriers:
Domestic:
Operating revenues
mil. $.
Operating expenses
do
Net operating revenues (before taxes)
do...
Overseas, total:d"
Operating revenues
do
Operating expenses
do...
Net operating revenues (before taxes)
do...
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic Chemicals
Production:
Aluminum sulfate, commercial (17% AI2O3H
thous. sh. tons..
Chlorine gas (100% Clj)t
do_...
Hydrochloric acid (100% IICl)i
do....
Phosphorus, elemental}
do
Sodium carbonate (soda ash), synthetic (58%
Na?O)|
thous. sh. tons__
Sodium hydroxide (100% NaOH)l
do....
Sodium silicate, anhydrous!
.
do
Sodium sulfate, anhydrous}
do
Sodium trypolyphosphate (100% Na8P30io).T
do
Titanium dioxide (composite and pure)t_._do
Sulfur, native (Frasch) and recovered:
Production
thous. lg. tons..
Stocks (producers') end of period
.do
104
929
214
97
927
204
41
232
38
892
220
34
10,481
780
1,241
168
914
61
117
160
912
66
118
148
920
63
104
154
875
65
161
855
90
95
724
713
708
677
61
57
60
61
62
61
54
57
19,402
5,563
5,469
784
5,607
801
5,562
8.°6
5,578
826
5,584
17,396
1,617
1,491
1,571
thous. sh. tons_. 16,716
7,453
614
704
723
Ammonium nitrate, original solution}
do
7,186
3
1,006
178
163
178
Ammonium sulfatet
do, _.
2,010
649
7,877
708
722
Nitric acid (100%HNO.)t
do_._.
7,892
189
2,639
253
298
Nitrogen solutions (100% N)J
do
2, Of 8
714
8,455
745
760
Phosphoric acid (100% P.O.)}
do
7,955
34,
397
2,928
3,007
3,079
Sulfuricacid (100% H2SO4)}
do
33,501
Superphosphate and other phosphatic fertilizers
(100%P.O6):
600
595
581
Production
thous. sh. tons..
5,824 ' 6,699
343
428
244
Stocks, end of period....
do
469
573
386
517
Potash, deliveries (K.O)©
do
931
>6JP0 7 6,3C9
1,810
1,764
1,719
Exports, total?
do
23,108
'18,324
63
69
Nitrogenous materials
_•
do
85
1,169
1,239
1,309
Phosphate materials
do
1,275
1,480
10,741
'12,351
131
Potash materials
do
113
72
1,650
1,670
Imports:
Airrronium nitrate
do
15
76
46
361
312
Ammonium Fulfate
do
28
54
34
327
566
Potassium chloride
do
632
940
723
8,229
7,475
Sodium nitrate
do
13
22
23
157
103
'2 Revised.
J» Preliminary.
1 Annual total; monthly revisions are4 not available.
3
For month shown.
Total for 10 months; see note 6 for this page.
Because of an
overall revision to the export commodity classification system effective
Jan. 1, 1978, data
5
may
not
be
strictly
comparable
with
those
for
earlier
periods.
Less
then
500
short tons.
6
? See
( Data are being withheld to avoid disclosing figures from individual companies.
" 0 " note, this page.
A See " A " note, p . S-24.
If Average daily rent per occupied room,
not scheduled rates.
<? Includes data not shown separately.
0 Effective June 1978 SURVEY, data beginning Jan. 1977 exclude potassium magnesium sulfate; comparable data for Jan.-Mar. 1977 are (thons. of short tons) 512,414, and 781 respectively.
1,2?0
10,378
2,496
437
1,161
10,665
2,5C9
432
2,344
10,516
747
1,232
940
94
894
216
34
100
926
229
102
833
222
35
103
868
224
36
97
816
215
33
147
862
61
94
152
887
62
95
155
852
71
115
140
842
66
102
107
818
67
99
'798
'65
'104
821
66
104
58
62
61
57
56
55
59
49
59
47
57
54
61
60
787
5,552
768
5,446
770
5,401
776
5,413
801
5,469
792
5,478
735
5,441
809
5,389
1,510
587
151
640
212
663
2,684
1,552
585
195
670
222
702
2,837
1,499
€07
125
660
229
719
1,476
636
150
680
209
757
3,000
1,424
610
(6)
663
224
640
2,782
1,460
564
(6)
629
220
699
2,861
1,391
612
155
643
199
684
2,803
r 1, 208
'530
157
'595
'173
'718
2,735
1,365
701
160
772
227
804
3,005
526
432
427
1.E00
105
1,332
155
564
407
756
2,043
108
1,467
173
590
471
497
2,311
151
1,666
214
604
552
363
2,101
124
1,561
507
631
408
1,984
174
1,420
179
541
573
318
2,251
132
1,538
112
556
600
458
* 2,165
* 168
< 1,272
U54
'562
'571
447
1,924
153
1,340
80
516
687
2,150
192
1,448
162
7 789
1,690
73
1,321
58
16
13
571
11
19
10
757
0
13
10
852
19
19
21
36
553
0
46
21
642
12
47
48
609
21
27
545
30
54
31
851
16
81
59
669
13
112
243
32
()
()
781
5,352
Inorganic Fertilizer Materials
Production:
Ammonia, synthetic anhydrous}
©Effective 1976, data are compiled by U.S. Dept. of Transportation from INS records
and refer to air travel; travel by sea is omitted (for 1973-75, average annual arrivals and departures by sea are as follows—units and order as above: 814; 784; 159; 129).
§ Effective Jan. 1976, data include visits to Voyageurs National Park (no count of visits for
earlier periods is available); data for Mar .-July 1976 are restated to delete visits to Platt National Park which was reclassified as a national recreation area.
^Includes data for Western Union Int. Cable & Wireless.
^Monthly revisions back to 1971 are available upon request.
<JU1
su KViii:
S-26
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
Junei 1978
T 151JS1JN1977
1977
Apr.
Annual
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS—Continued
Industrial Gases t
Production:
Acetylene
mil. cu. ft.
Carbon dioxide, liquid, gas, and solid
thous. sh. tons.
Hydrogen (high and low purity)
mil. cu. ft.
Nitrogen (high and low purity)
do...
Oxygen (high and low purity)
do...
7,111
5,902
428
544
509
457
505
467
458
451
449
1,967
81,641
289,926
382,914
2,231
84,567
331,231
•384,282
185
7,031
25,576
33,401
186
7,169
27,119
34,943
197
7,404
29,651
33,028
204
7,244
27,342
31,401
217
7,374
28,876
32,287
199
6,831
29,191
30, 446
197
7,328
29,466
33,072
181
7,117
29,163
30,415
180
7,127
30,099
31,841
26.9
128.3
i 77.1 i 161.2
* 215.6 i 160.8
15,449.3 16,085.0
286.0
321.2
i 940.1 i 972.5
i 902.4 i 931. 6
2.5
11.2
15.8
530.6
20.2
92.6
82.5
3.2
11.2
10.1
504.5
19.2
68.9
71.1
2.7
15.2
11.5
497.0
24.3
84.5
84.8
2.1
11.2
14.2
465.2
20.2
97.4
83.6
2.4
13.1
11.2
491.6
27.4
90.5
72.9
1.7
13.5
7.8
512.6
26.6
70.3
72.1
1.2
11.5
14.4
546.7
25.6
82.8
73.7
1.8
13.0
14.4
533.3
24.6
83.3
68.1
2.3
14.2
13.9
481.8
24.5
88.0
82.9
2.7
8.4
15.4
488.4
23.8
65.3
72.5
8.3
16.7
477. 7
21.0
62.5
72.6
499.6
416.0
78.4
85.3
498.3
404.5
81.1
71.4
39.2
35.5
6.0
72.0
43.5
33.5
6.5
77.7
43.2
41.4
7.4
73.7
40.3
27.2
5.7
79.0
40.9
36.7
7.5
81.4
41.0
35.0
7.0
69.8
44.6
32.2
7.4
71.9
48.8
31.6
7.6
72.9
39.7
25.1
7.5
71.4
35.8
35.1
6.9
68.3
41.1
32.4
5.8
75.2
225.3
225.6
3.2
223.6
224.6
2.6
19.1
19.3
2.7
18.0
17.5
3.0
22.4
22.8
3.5
14.9
14.7
2.8
19.8
20.1
2.7
18.7
18.6
2.7
17.8
18.1
2.4
19.9
19.4
2.9
16.0
16.2
2.6
19.1
19.2
2.5
17.4
17.1
2.8
U,305.3 i 1,664.0
!8,774.7 i 9,945.5
12,551.0 12,712.0
14,742.9 i 5,178.6
14,544.8 i 5,153.4
142.1
833.7
236.2
461.9
451.4
138.5
853.1
229.1
449.7
450.0
141.1
838.3
227.9
458.7
462.7
125.4
882.7
202.3
406.5
441.1
138.4
874.7
197.8
423.9
439.2
146.3
841.5
218.9
423.1
417.8
151.1
891.0
239.1
441.7
451.9
144.1
834.1
224.3
468.9
417.4
131.3
227.6
434.7
392.3
136. 6
845.1
235.7
413.3
430.2
138.2
739.4
210.8
396.5
413.8
377.8
197.9
179.9
429.7
231.6
198.2
393.3
216.6
176.7
445.1
239.6
205.4
368.3
173.1
195.2
350.5
165.2
185.2
431
413
421
147
158
7,041 •• 6,591
31,853 28,902
32,012 30,001
188
7,843
33,519
33, 707
Organic Chemicals cf
Production:
Acetylsalicylic acid (aspirin)
Creosote oil
Ethyl acetate (85%)
Formaldehyde (37% HCHO)
Glycerin, refined, all grades
Methanol, synthetic.
Phthalic anhydride
mil. lb.
mil. gal.
mil. lb.
do...
do...
mil. gal.
mil. lb.
2.1
3.0
13.6
17.1
713.5
23.8
57.7
85.2
ALCOHOL*
Ethyl alcohol and spirits:
Production
mil. tax gal.
Used for denaturation
do...
Taxable withdrawals...
do...
Stocks, end of period-.
do...
Denatured alcohol:
Production
.mil. wine gal.
Consumption (withdrawals)
do...
Stocks, end of period
.do...
PLASTICS AND RESIN MATERIALS
Production:
Phenolic resins
mil. lb.
Polyethylene and copolymers
do...
Pol ypropylene
do. -.
Polystyrene and copolymers
do...
Polyvinyl chloride and copolymers
do...
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly
mil. lb.
Paints, varnish, and lacquer, factory shipments:
Total shipments
mil. $
Trade products
do...
Industrial
finishes._
do.-.
2,543. 0
2, 675.1
4,685.9
2,446.4
2,239. 6
4,517.7
2,278.5
2,239.2
707.4
697.1
445.5
237.7
207.9
410.7
207.0
203.7
154. 0
916.7
253.0
474. 5
477.2
647.4
445.6
305.9
140.7
165.2
• 319.1 • 341.1 416.6
149.4 • 160. 7 204.0
169.8 • 180.3 212.5
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total
mil. kw.-hr.
Electric utilities, total
do.... 1-2,036,487 P2,119,463 156,885 168,163 180,236 197,930 195,861 176, 035 166, 359 166, 277 183,930 197, 271 173,676
:,752,807 1,899,367 138,247 149,466 163,039 181,138 179,289 160,023 149,162 145,882 161,171 172,488 151, 260
By fuels-..
do
283,680 220,096 18,637 18, 697 17,197 16, 791 16,572 16, 012 17,196 20,395 22, 759 24,783 22,416
By waterpower
do
Industrial establishments, total
_ .do.
By fuels
do.
By waterpower
do.
Sales to ultimate customers, total (Edison Electric
Institute)
mil. kw.-hr.. 1,849,625 1,950,791 150,833 149,545 160,170 172,569 L76,889 172,074 160,715 153, 250 162,654
Commercial and industrial:
Small light and power§
do
440,625 469,227 35,341 36,227 39,511 43,180 44,345 43,167 39,297 36, 725 38,306
Large light and power§
do
725,169 757,168 62,004 63,549 65, 493 63, 584 64,971 65,140 64, 650 62, 973 62,479
371
329
322
348
332
336
331
4,212
328
4,337
331
Railways and railroads
do_
613,072 652,345 47,736 44,005 49,481 59,748 61,541 57,687 50, 599 47, 568 55,611
Residential or domestic
do..
1,359
1,163 1,244
1,313
1,123
Street and highway lighting
do.
1,141
1,074
1,113
14, 413 14,418
1,123
3,916
3,741
4,009
3,977
3,841
Other public authorities
do.
4,008
3,729
3,705
45,625
46,242
3,710
612
582
569
Interdepartmental
do.
611
763
575
595
6,383
571
7,179
Revenue from sales to ultimate customers (Edison
Electric Institute)
...mil. $.. 53,462. 9 62, 610.0 4,685. 5 4, 683. 4 5,100. 6
GAS
Total utility gas, quarterly
(American Gas Association):
Customers, end of period, total
.thous.. 45,127 45,447
45,295
Residential
do.
41,685
41, 841
41,519
Commercial
do.
3,3/
3,374
3,377
2
Industrial
do..
178
2 179
179
2
Other..
do..
53
2 53
53
5, 775.4
45,009
45, 447
41, 463
3,317
177
52
41,841
3,374
179
53
14,216
3,067
2,629
3,599
5,014
2,423
',107
2 270
4,807
2, 306
851
441
1,723
51
418
290
1,861
1,170
572
1,783
74
Revenue from sales to customers, total mil. $.. 23,701 27,776
5,898
Residential
do
2,088
11,246
9,941
Commercial
do
852
4,075 2 4,704
2
Industrial
_do
2,887
11, 475
9,374
2
2
Other
.do
71
351
311
r
Revised.
p Preliminary.
i Reported annual total; revisions are not distributed to
2
the monthly data.
Beginning 1976, Industrial includes electric generation, prior to 1976,
electric generation was included with other.
§Data are not wholly comparable on a year
4,973
7,321
1,217
603
3,072
81
2,853
1,242
3,132
95
tril. Btu_.
do
do
do
.do
2
260
39,922
63, 348
39,498
59,724
415
64,624
1, 396
4,135
587
421
64,283
1,658
4,172
567
5, 967. 7 5,819.1 5,349.1 5,013.6 5,259. 7 5, 674. 5 5,626.9
14,814
Sales to customers, total
Residential
Commercial
Industrial
Other
174,427 169, 924
60
to year basis because of changes from one classification to another.
cf Data are reported on
the basis of 100 percent content of the specified material unless otherwise indicated.
^Monthly revisions back to 1973 are available upon request.
SURVEY OF CURRENT BUSINESS
June 1978
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1977
1977
Apr.
Annual
S-27
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
12. 87
10. 69
13. 92
12.71
11.01
12.02
15.86
14.18
14.56
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES?
Beer:
Production
mil. bbl.
Taxable withdrawals
do...
Stocks, end of period
do...
Distilled spirits (total):
Production
—mil. tax gal.
Consumption, apparent, for beverage purposes
mil. wine gal.
Taxable withdrawals
mil. tax gal.
Stocks, end of period
do...
Imports
mil. proof gal.
Whisky:
Production
mil. tax gal.
Taxable withdrawals
do...
Stocks, end of period
do...
Imports
163.66
150.39
12.91
160.42
1
425. 89
216. 40
752.85
112.71
1
16.90
15.71
15.37
15.92
14.80
15.13
15.25
13.85
11.24
432. 56 33.29 32.76
219.32
17.44
16.85
706.86 740. 35 737.50
112.94
8.28
38.62
17.79
737.26
9.23
31.11
14.45
735.02
7.94
170. 55
156.94
12.42
16.03
14.28
15.03
16.79
15.00
15.57
159.38
13.61
13.30
12.89
13.57
12.61
11.65
13.53
11.40
13.82
15.06
13.78
12.21
33.40
19.79
728. 33
7.21
34.49
19.18
725. 51
11.58
3o. 09
21.60
718.50
13.27
43.84
21.18
712.02
11.59
54.63
19.24
706.86
11.53
18.28
701.16
8.29
16.87
691.79
8.65
9.74
6.17
11.40
672.33
5.82
6.16
11.22
668.17
9.33
6.99
13.63
661.14
10.91
5.65
12.76
653.85
9.70
5.11
10.89
649.00
9 29
5.25
10.11
643. 65
6.59
5.40
9.70
633. 82
6.76
7.63
9.04
.30
15.31
14.64
14.44
12.02
11.48
13.02
12.01
11.51
12.42
11.29
7.78
10.04
680.51
6.66
8.14
9.18
678. 26
6.97
9.70
678. 68
7.56
6.14
7.84
677.94
6.12
8.07
2.80
8.89
3.20
9.50
3.48
7.48
3.01
9.84
3.65
9.52
3.72
10.60
4.17
10.25
3.67
10.63
4.12
9.95
3.95
8.00
2.70
22.86
21.35
8.56
2.93
1.77
1.01
11.03
.22
1.25
1.70
10.60
.25
1.13
1.60
10.00
.21
1.29
1.06
10.17
.17
2.13
1.57
10.60
.24
2.02
2.13
10.41
.38
2.70
2.86
10.12
.27
2.67
3.27
9.36
.26
2.19
2.71
8.56
.32
1.72
1.04
9.06
.21
1.51
.97
9.59
.18
1.84
1.25
9.84
.29
405.78
298. 25
473. 72
56.36
418. 00
308.10
505. 36
65.79
7.51
25.02
378.12
5.19
6.65
24.29
357.30
5.91
4.05
26.32
332. 30
6.33
3.55
22.29
309.38
6.26
19.58
25.93
298. 78
6.39
123.68
25.98
392. 22
6.97
155.11
26.86
505. 22
5.55
51.24
27.56
513.13
2.92
25.99
28.00
505. 36
5.34
6.22
25.20
478.44
5.61
3.99
21.23
461.30
5.39
4.79
31.63
434. 92
6.02
344.77
276. 55
6.93
6.06
2.67
19.87
89.85
74.00
24.88
7.55
4.81
5.49
2.45
978.6
47.1
.944
1,093.6
184.9
1.015
100.4
128.2
1.032
103.9
163.8
1.029
95.0
197.1
1.029
84.2
209.0
1.031
78.2
208.6
1.037
75.5
203.3
1.051
84.9
195.4
1. 056
81.8
193.4
1.050
184.9
1.060
108.3
195.7
1.047
95.7
215. 9
1.035
97.7
235. 6
1.059
98.5
242.5
1.084
mil. lb_. 3,336. 6 3,344.3
2,062.4 2,035. 7
do
301.9
193.8
326.6
211.9
314.1
200.3
282.6
176.2
271.6
162.7
251.4
142.8
254.3
145.2
248.5
136.0
274.0
163. 6
260.6
154.3
311.8
182.9
306.2
190. 8
468.6
404.7
209.4
510.3
446. 3
11.2
557.2
490.3
11.4
583.7
510.4
17.1
592.9
518.9
16.9
592. 9
519.7
10.6
553.9
483.3
18.7
502.8
437.5
17.7
479.8
417.4
15.2
404.7
43.5
460.2
394.4
14.5
442.6
378.1
14.1
431.0
365.3
10.7
439.2
368.7
13.6
1.187
1.193
1.193
1.194
1.194
1.194
1.205
1.206
1.211
1.224
1.229
1.241
1.246
1.259
807.3
81.6
85.7
80.2
76.9
71.7
59.6
53.3
46.1
57.6
56.2
52.1
67.3
68.9
101.0
75.2
59.7
52.9
52.1
57.4
.3
2.3
.3
3.0
6 7 4.3
3.9
2.6
mil. proof gal-
Rectified spirits and wines, production, total
mil. proof gal.
Whisky
do...
Wines and distilling materials:
Effervescent wines:
Production
mil. wine gal.
Taxable withdrawals
do...
Stocks, end of period
do
Imports
do
Still wines:
Production
do
Taxable withdrawals
do
Stocks, end of period
do
Imports
do
Distilling materials produced at wineries.. .do
79.12
126.67
692.34
92.07
80.60
126.94
649.00
91.15
107.71
41.85
• 110. 42
r 41. 50
20.59
19.22
8.74
2.56
DAIRY PRODUCTS
Butter, creamery:
Production (factory) J
Stocks, cold storage, end of period
Price, wholesale, S2 score (N.Y.)
Cheese:
Production (factory) total t
American, whole milkj
mil. lb.
do...
$ per lb_.
478.4
Stocks, cold storage, end of period
do
411.3
American, whole milk
do
206.8
Imports
do...
Price, wholesale, American, single daisies (Chicago)
$ per 1b.
1.161
Condensed and evaporated milk:
Production, case goodst—
mil. lb.
895.5
Stocks, manufacturers', case goods, end Gf month
or year
mil. lb.
70.6
Exports:
Condensed (sweetened)
do
4.4
Evaporated (unsweetened) O
do
44.5
Fluid milk:
Production on farmst
do
120,269
Utilization in mfd. dairy products!
do
63,672
Price, wholesale, U.S. averaget
$ per 100 lb.I
9.66
Dry milk:
Production:
Dry whole milki
mil. l b . .
78.1
Nonfat dry milk (human food)t
do
926.2
Stocks, manufacturers', end of period:
Dry whole milk
do
Nonfat dry milk (human food)}
do."]
Exports:
Dry whole milk
_ .do
31.6
Nonfat dry milk (human food)
do
10.3
Price, manufacturers' average selling, nonfat dry
milk (human food){
$ per lb_.
.634
75.2
66.4
3.6
101.5
127.7
133.2
158.7
148.6
134.3
.2
2.6
.3
1.1
.1
2.1
.2
1.5
.4
2.7
.2
2.8
122,957
65,853
9.72
10,743
5,992
r
9. 44
11,373
6,465
r
9.37
11,021
6,360
940
10,693
5,825
r 9. 49
10,397
5,580
r
9. 66
69.0
1,105. 2
6.3
107.1
7.6
119.6
5.6
132.7
6.5
100.6
6.0
60.7
10.0
107.8
8.6
119.4
9.9
128.7
4.3
120.7
9.0
122.4
23.8
38.8
2.3
.1
2.5
4.3
1.9
11.8
2.3
3.7
2.1
4.9
.679
.681
.680
.681
.665
9,850
4,985
9. 97
9,844
4,861
• 10.10
4.2
78.4
6.3
81.7
4.2
71.5
5.8
68.0
2.0
4.8
.679
1.7
1.4
.679
257.6
198.0
r
6.5
109.6
275.5
9,770
4,948
10. 20
9,988
5,398
10.20
9,341
5,093
10.20
10, 528
5,871
10.20
10, 686
5,903
10.10
5.5
65.9
4.7
77.5
0.8
79.7
4.5
70.6
7.4
96.4
5.9
67.4
6.0
60.7
0.0
01.4
5.4
55.2
7.1
84.4
6.1
49.8
1.5
1.1
4.2
6 7 0.8
.681
.081
249. €
195.5
9,429
4.631
10.20
3.1
1
6.4
1.088
1.259
10.00
7.3
79.1
5.8
.680
.080
.705
224.2
205.3
271.3
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat).. .mil. b u . .
Barley:
Production (crop estimate) A
do
Stocks (domestic), end of period
""do""
On farms
do....
Off farms
do.
Exports, including malt §
'..".'.'.'.'.'/.'.'.'do'"/.
Prices, wholesale (Minneapolis):
No. 2, malting
$ per b u . .
No. 3, straight
do
Corn:
Production (crop estimate, grain only) Amil. bu
Stocks (domestic), end of period, total
do
On farms
do.
Off farms
do
Exports, including meal and flour
do.!~~
Price, wholesale:
2,813. 6
2,586.1
3 372. 5
271.2
153.7
117.5
52.1
3 415. 8
328.0
217.8
110.3
72.8
3.11
3.06
1
2.45
2.64
219.4
403.3
264. 0
139.3
9.5
2 5125.7
2 5 52.3
2 573.4
11.4
2.79
2.79
2.72
2.75
2 2,364.8
2 1,577.5
2 787. 3
139.2
6,266. 4
4,889. 5
3, 345.5
1,544.0
1, 748. 0
6,357. 4
5,463.0
3, 788.8
1, 674. 2
1,590.2
141. 6
2.56
2.22
2.39
2.28
2.32
1.95
1.97
2.21
1.84
1.86
116.5
121.6
884.1
4 446.1
* 438. 0
137.5
.
$perbu_.
2.42
2.26
2.04
1.86
1.80
Production (crop estimate)A
mil. bu.. 3546.3 3747.9
25
Stocks (domestic), end of period, total... do
412 5
503 0
1G4. 9
On farms
do....
339.0
480.4
2 5129.3
Off farms
do....
73.5
82.6
535.6
Exports, including oatmeal
. d o
12 1
11 2
3
4
Price, wholesale, No. 2, white (Minneapolis)
1.37
$perbu..
1.74
1.34
1.82
1.
• Revised.
v Preliminary.
1 Reported annual total, including3 Hawaii; monthly
data are preliminary and subject to revision.
2 stocks as of June 1.
Crop estimate for
the year.
* Previous year's crop; new crop not reported until Oct. (beginning of new crop
year;.
5 Previous year's crop; new crop not reported until June (beginning of crop year).
2.23
2.27
2.4
4.0
1.6
2.33
2.32
2.33
2.32
2.34
2. 22
119. 2
143.3
5,463.0
3,788.8
1,674.2
153.5
1.86
2.08
2.23
1.04
7
127.1
2.23
2.29
2.27
2.38
2.38
3,840. 4
2,484.8
1,355.7
157.0
128.0
160. 9
2.30
2.27
2.30
2.44
2.80
2.49
2.44
2.62
417.3
350.1
01.2
563. 0
480.4
82.6
074.8
559.3
115.5
1.1
230. 0
148. 5
328.0
217.8
4
W e i g h t e d avg., selected m a r k e t s , all grades
Qat
207.2
.5
1.3
3.1
2.5
.5
.8
.0
1.12
1.17
1.34
1.34
1.32
1.33
1.34
av°a1iltable.reV1O) Revised monthly data
for 1975 will be shown later,
c
estimates for 1970-74 are available.
Corrected.
1.44
1.42
• Scattered
vised crop
SURVEY OF CUERENT BUSINESS
S-28
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
Annual
June 1978
1978
1977
Apr.
May-
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS—Con.
Rice:
Production (crop estimate) Amil. bags $ . .
California mills:
Receipts, domestic, rough
mil. lb_.
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of period.
_
...mil. lb..
» 115.6
2,220
1,492
2,215
1,460
147
113
216
114
275
153
219
177
305
245
85
121
189
36
261
149
157
80
158
214
132
171
209
185
149
82
166
191
9,563
5,481
9,557
6,217
292
526
199
555
207
521
123
407
1,242
518
3,474
556
753
531
2,682
2,629
1,850
1,424
1,044
750
1,087
2,763
4,640
4,995
263
529
381
498
494
.140
.152
.133
.156
.155
.153
115.0
8.9
2.92
U7.0
9.0
2.39
2.84
a * 4.4
2.87
2.56
1.92
mil. bu.
do...
do...
...do...
i 2,142
1582
11,560
1,748
12,026
1499
1
1,527
' 1,820
Stocks (domestic), end of period, total
On farms
Off farms
do.
do.
do.
1,781.8
665.4
1,116.4
1,990.0
829.4
1,160. 7
Exports, total, including
Wheat only
do..
do.
1,001.3
968.9
905.8
863.9
75.7
68.1
6.4
78.5
75.6
8*. 6
82.8
96.1
93.4
110.2
108.5
69.4
68.3
58.5
56.7
89.6
86.7
8 66.3
64.6
94.9
94.5
107.4
103.3
107.1
101.1
4.10
3.50
2.80
2.62
3.03
2.60
2.87
2.41
2.72
2.38
2.57
2.38
2.59
2.35
2.86
2.52
2.92
2.60
3.02
2.84
2.94
2.88
3.04
2.90
3.07
2.99
3.13
3.16
3.32
3.34
3.35
3.26
2.88
3.87
Wheat flour:
Production:
Flour
thous. sacks (100 lb.)-. 259,483 261,405
Offal
thous. sh. tons..
4,643
4,622
Grindings of wheat
thous. bu.. 584, 082 586,145
Stocks held by mills, end of period
thous. sacks (1001b.)..
4,334
4,160
Exports...
do
13,907
17,994
Prices, wholesale:
Spring, standard patent (Minneapolis)
7.160
$ per 1001b..
9.509
6.246
Winter, hard, 95% patent (Kans. City).-do_._. 6 8. 303
2.94
2.82
2.64
2.57
2.55
2.82
3.04
3.13
3.05
3.12
3.14
3.27
3.37
3.40
20,632
370
46,402
20,861
375
46,870
20,529 19,393
345
367
46, 261 43,518
23,023
410
51,712
22,039 22,054
383
378
49,258 49,360
22,445
389
50,166
23,363
410
52,106
21,787
381
48,430
21,783
'385
48,910
24,330
430
54,821
22, 946
386
50, 716
3,272
1,857
4,167
1,248
1,194
1,146
3,537
730
473
766
4,160
1,237
8 723
147
4,096
1,774
2,554
7.125
6.200
6.925
5.838
6.500
5.575
6.588
5.850
7.025
6.088
7.188
6.325
7.338
6.575
7.200
5.913
411
3,489
40.11
39.61
46.20
403
3,320
392
3,282
398
3,244
387
3,200
40.35
39.04
41.54
42.29
40.18
42.50
41.83
38.79
40.98
43.13
39. 71
40.50
6,148
6,514
6,507
6,885
6,186
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. lb_.
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of period
..mil. lb..
Exports
do...
Price, wholesale, No. 2, medium grain (Southwest Louisiana)
...$perlb.
Rye:
Production (crop estimate) A
mil. bu.
Stocks (domestic), end of period
do...
Price, wholesale, No. 2 (Minneapolis) __$ per bu.
Wheat:
Production (crop estimate), totalA
Spring wheat A
Winter wheat A
Distribution, quarterly &
flour..
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ per bu..
No. 2, hd. and dk. hd. winter (Kans. City) do....
Weighted avg., selected markets, all grades
$perbu..
2
109
61
214
114
62
217
228
172
99
237
779
545
630
443
344
433
282
505
266
520
2,693
2,647
2,629
2,474
2,231
1,933
511
188
634
464
204
427
294
.145
.150
.154
.205
.215
.215
1.82
14.5
2.23
2.26
2.55
9.0
2.55
2.67
131
463
1,638
339
.215
2.57
93
63
226
5.9
2.95
.205
3.02
.190
3.23
91,284
278
1,523.5
642.8
880.7
1,990.0
829.4
1,160.'
2,397.6
1,032.2
1,365.3
3*1,112.2
" 426.3
3«685.9
467
'408
2 741
7.325
6.675
7.650
368
3,238
336
3,046
386
3,243
2,969
43.62
42.85
40.50
45.02
46.89
43.75
48.66
51.39
47.60
52.52
53.81
69.45
5,840
• 6, 794
6,213
8.638
8.250
7.463
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves.
thous. animals..
Cattle
..do....
Prices, wholesale:
Beef steers (Omaha)
$ per 100 lb-.
Steers, stockerand feeder (Kansas City)..do
Calves, vealers (So. St. Paul)t
do
Hogs:
Slaughter (federally inspected)---thous. animals..
Prices:
Wholesale, average, all weights (Sioux City)©
$ per 1001b..
Hog- corn price ratio (bu. of corn equal in value
to 100 lb. live hog)
Sheep and lambs:
Slaughter (federally inspected)...thous. animals..
Price, wholesale, lambs, average (Omaha)
$ per 1001b.
MEATS
Total meats (excluding lard):
Production, totalf
mil. lb
Stocks, cold storage, end of period 0
do....
Exports (meat and meat preparations)
do
Imports (meat and meat preparations)
do
Beef and veal:
Production, totalt
do....
Stocks, cold storage, end of period O_
do
Exports
do....
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 lbs.) (East Coast)
$perlb_.
Lamb and mutton:
Production, totalf
Stocks, cold storage, end of period
mil. lb..
do
4,438
38,992
4,696
38,717
389
3,025
353
3,054
368
3,374
352
3,085
39.11
37.65
45.18
40.38
38.74
48.19
40.08
41.33
52.88
41.98
39.88
54.92
40.24
38.22
51.60
40.94
38.90
46.95
70, 454
74,018
6,394
5,877
5,695
43.19
41.12
37.20
41.94
43.89
45.76
44.34
41.39
40.97
39.44
44.13
46.08
49.26
47.77
46.22
49.25
17.5
' 19.9
15.6
18.4
19.8
'23.8
26.3
'25.2
23.9
'20.1
'21.2
22.0
23.6
21.8
'20.0
21.0
6,474
6,133
539
474
550
468
553
568
525
477
441
425
390
430
47.84
52.57
56.75
56.75
53.00
41.25
50.75
55.75
56.88
50.00
58.50
64.00
67.50
69.38
62.75
39,060
5 733
1,305
7
1,868
39,172
567
1,315
1,741
3,195
823
113
147
3,122
802
110
147
3,298
723
103
135
2,925
629
112
147
3,404
569
110
158
3,354
579
125
167
3,345
532
106
117
3,416
565
109
87
3,241
567
124
212
3,214
560
8 109
138
3,044
574
101
155
3,341
'660
115
183
3,079
742
108
202
26, 480
5 464
82
1,467
25, 780
327
93
1,377
2,044
485
6
111
2,052
459
2,032
385
2,301
361
10
129
2,193
356
8
140
2,165
311
8
95
2,148
301
113
2,248
425
8
101
71
2,108
327
10
171
2,140
327
8 30
103
2,009
331
35
118
2,133
'370
27
141
1,960
383
32
161
.662
.640
.675
.660
.661
.667
.694
.690
.715
.723
.747
.782
.846
.644
361
15
71.00
.922
341
10
' Revised.
d.
Crop estimate for the year.
2 See "&" note, this page.
a stocks as of
June 1.
4S ePrevious
year's crop;a new
crop
not reported until June (beginning of new crop
e
note this
e
6
™
«
"
°
"
'
P
S
Average
for
11
months
(Jan.-June,
Aug.-Dec).
7
9
Reflects revisions not available by months.
s See note 6 for p. S-29.
May 1 estimate
lor 1978 crop. 9 Bags of 100 lbs.
cfData are quarterly except that beginning 1975, June
figures cover Apr., and May; Sept. covers June-Sept.
ye
115
57.28
59.85
77.26
O Effective April 1977 SURVEY, data beginning Feb. 1976 are restated to exclude cooler meats;
comparable earlier data will be shown later.
t See corresponding note, p. S-29.
© Effective July 1977 SURVEY, monthly prices are restated through May 1977 to coincide with
published annual averages which are for "all weights, excluding sows"; comparable monthly
data prior to May 1976 will be shown later.
ARevised crop estimates for 1971-1974
are available.
SURVEY OF CURRENT BUSINESS
June 1978
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1977
1978
1977
Apr.
Annual
S-29
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FOOD AND KINDRED PRODUCTS', TOBACCO—Continued
MEATS—Continued
Pork (excludiner lard):
Production, totalf
- . . .
mil. lb
Stocks, cold storage, end of periodA.
do
Exports
do
Imports .
do
Prices, wholesale:
Hams, smoked composite
_
$ per lb,_
Fresh lcins, 8-14 lb. average (New York)...do..
POULTRY AND EGGS
Poultry:
Slaughter (commercial production). _
mil. lb..
Stocks, cold storage (frozen), end of period, tctal
mil. lb_.
Turkeys
do
Price, in Georgia producing area, live broilers
$perlb__
12,219
3 212
311
*318
13,051
186
289
298
1,119
265
22
29
1 044
270
26
27
1 022
228
25
29
869
179
21
27
1,074
145
23
24
1,130
158
27
22
1,151
166
26
18
1 241
209
28
12
1,108
186
25
34
1,051
174
6 32
29
1,013
174
26
25
1,179
'217
26
35
1,093
278
25
32
.855
.977
!952
.742
.855
.749
.932
.742
1.004
s.740
1.042
.801
.979
.776
.986
.889
.984
.971
.901
1.013
1.029
.857
1.038
.932
1.066
.822
1.022
.759
1.001
11,739
11,916
895
988
1,095
988
1,179
1,115
1,092
1,028
969
932
831
981
901
363
203
267
130
281
138
353
201
409
254
485
330
566
409
599
444
418
269
310
168
304
168
263
137
'233
'113
213
102
.240
310
168
.237
.245
.245
.255
.260
.240
.235
.225
.210
.205
.230
.240
.240
.280
179.2
179.3
14.9
15.2
14.4
14.7
14.9
14.8
15.6
15.4
16.1
15.9
14.1
15.7
15.3
28
26
39
30
42
25
33
28
39
31
39
35
47
35
50
34
52
33
50
31
39
30
50
28
41
26
37
23
44
22
.6?8
.624
.624
.557
.570
.628
.593
.593
.537
.550
.615
.552
.628
.620
.570
235.4
1.092
172.1
2.144
16.1
1.985
25.1
1.993
13.6
1.993
10.9
1.993
10.8
1.993
6.2
2.560
8.1
2.500
4.7
2.500
5.5
2.500
19.4
2.500
20.3
2.500
27.9
2.500
20.5
2.500
Production on farms i
mil. cases©
Stocks, cold storage, end of period:
Shell
..thous. casesO..
Frozen
mil. lb
Price, wholesale, large (delivered; Chicago)
$ per doz__
.820
1.091
.265
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl. shells)
thous. lg. tons..
Price, wholesale, Accra (New York)
$ per lb..
Coffee (green):
Inventories (roasters', importers', dealers'), end
of period
thous. bagsd"
Roastings (green weight)
do
Imports, total .
.
From Brazil
Price, wholesale, Santos, No. 4 (N.Y.)..$
Confectionery, manufacturers' sales
Fish:
Stocks, cold storage, end of period^
do
do
per lb__
mil $
mil. l b . .
Sugar (United States):
Deliveries and supply (raw basis) :§
Production and receipts:
Production
thous. sh. tons..
Deliveries, total
For domestic consumption
Stocks, raw and ref., end of period
Exports, raw and refined
Imports:
Raw sugar, total
From the Philippines
Refined sugar, total
Prices (New York):
Raw, wholesale
do..
do
do
sh. tons..
thous. sh. tons
do
do
Retail (incl. N.E. New Jersey)
Wholesale (excl. excise tax)
Tea, imports
$ per l b . .
$ per 5 lb._
$ per lb_.
thous. lb
2,805 '1,684
19,063 ' 14,233
3 115
3 239
2,247
4,416
' 1 684
r 3 878
2 638
2 364
19,788
3,092
1.228
2,912
14,808
2,453
1,824
483
1,224
198
1,137
154
756
98
695
71
678
5
635
1
972
3
1,347
108
1,682
209
1,575
129
1,707
115
2,913
211
192
188
135
984
327
275
266
262
240
277
261
371
420
308
301
323
366
393
424
412
426
420
384
339
336
5,748
5,053
202
206
104
68
73
147
681
1,067
997
602
374
280
10,924
10,856
3,341
11,245
11,210
4,352
898
878
976
1,005
1,000
1,951
914
958
836
766
775
930
974
2,424
1,130
1,128
2,019
914
2,259
957
3,009
832
4,352
764
4,352
6 4,312
2
2.500
895
3,302
875
3,191
1,030
1,028
2,782
1,293
935
727
1,764
807
494
1,376
388
456
474
569
481
418
562
7
86
13
111
7
78
g
181
24
84
16
141
20
48
469
7
1,557
319
,327
772
927
4,104 ' 3, 850
3,360
881
970
802
189
49
447
53
67
28
69,735
20,335
3,031
1,550
4,331
5,130
1,136
407
107
389
.109
.124
.112
.100
.095
.110
.108
.098
.114
.114
.114
.114
.114
.114
.114
1.142
.181
1.155
.172
1.131
.157
1.126
.151
1.115
.172
1.134
.165
1.112
.155
1.045
.185
1.212
.193
.201
.200
27,345
22,335
22,252
15,932
9,994
9,702
10,924
1.155
.187
9,023
1.174
.201
203,012 23,302
1.133
.191
7,213
12,791
18,648
15,450
900
214
.135
1.262
.190
181,304
1.118
.169
4
67
33
277
118
(8)
FATS, OILS, AND RELATED PRODUCTS
Baking- or frying fats (incl. shortening):
Production!
Stocks, end of period© _
mil. lb.. 3,913.4
do
127.7
3,841.1
113.0
313.8
115.3
331.2
144.7
295.5
134.1
260.6
138.2
325.1
125.8
325.5
117.9
343.6
112.1
347.9
109.6
342.1
113.0
312.4
138.8
305.1 '368.2
125.2 ' 112.1
326.4
128.4
4,343.0
104.0
4,346.9
105.4
340.2
91.5
372.4
105.8
340.4
100.3
327.1
101.5
374.8
90.6
364.9
88.7
376.2
109.3
386.2
101.5
436.8
105.4
391.1
127.7
378.1 ' 459. 0
118.3 ' 112.7
432.7
132.5
Margarine:
2,629.7
Production
do
67.2
Stocks, end of period© .
do
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered)
$ per lb_.
.443
2,535.0
79.9
197.3
77.3
178.8
91.0
179.8
81.0
164.8
73.7
198.2
68.6
209.1
58.9
221.8
74.0
229.0
70.0
244.7
79.9
219.8
61.8
.518
.528
.544
.547
.518
.535
.513
.513
.500
.500
r 243.0
'59.3
.514
182.7
71.7
.507
224.6
70.3
.500
598.5
787.9
42.4
45.7
60.9
58.5
45.2
60.6
59.5
44.2
63.1
58.8
39.2
59.2
56.3
43.4
68.4
51.8
47.6
74.9
33.5
63.9
72.3
32.0
65.2
67.8
33.7
68.9
68.6
42.4
64.0
66.6
48.7
60.8
67.0
49.1
'74.1
'82.8
'40.6
63.5
74.'7
38.6
Salad or cooking oils:
Production t
Stocks, end of period© .
Animal and fish fats:
Tallow, edible:
Production (quantities rendered)
Consumption in end products
Stocks, end of period!
do..
do
mil. lb_.
...do
do
535.5
660.5
47.5
Tallow and grease (except wool), inedible:
450.5
422.2
439.6
5,674.6 5,243.4
Production (Quantities rendered)
do
265.0
274.0
276.5
Consumption in end products!
do. . 3,367.2 3,103.3
343.9
359.3
372.8
352. 6
Stocks, end of periodiL
do
354.8
2
' Revised.
v Preliminary.
1 Average for J u l y - D e c ; see note
" 5 " , this page.
Aver4
age for 2 mos. (May and Sept.).
3 g e e " A " note, this page.
Reflects revisions not dis5
tributed to the months.
Beginning July 1977, prices represent Midwest and Los Angeles
and are not comparable with those for earlier periods which represent East coast and Los
Angeles.
6 Because of an overall revision to the export commodity classification system
effective
Jan. 1, 1978, data may not be strictly comparable with those for earlier periods.
7
Beginning Jan. 1978, data8 are for both raw and refined sugar and are not comparable with
those for earlier periods.
Beginning Jan. 1978, data are no longer available; see note 7,
this page.
©Cases of 30 dozen.
cfPags of 132.276 lb.
§Monthly data reflect cumulative revisions
for prior periods.
©Producers' and warehouse stocks.
U Factory and warehouse
.552
.552
373.5 ' 435.1 365. 9
432.1
380.9
426.7
435.2
398.1
422.2
427.4
242.0
262.1
255.7
262.1
248.8
247.0
244.4
251.8 ' 279.5 267.3
326.0
356.0
359.3
350.8
321.0
343.9
344.0
342.2 ' 349.9
287.1
stocks.
X Monthly revisions back to 1974 are available.
AEffective April 1977 SURVEY,
data beginning F e b . 1976 are restated to exclude cooler pork; comparable earlier data will
be shown later.
t Revised series. Beginning May 1977 SURVEY, data represent total commercial slaughter (excluding rendered pork fat and lard), whereas the price for calves
(p. S-28), represents a different market. Comparable data prior to Mar. 1976 will be shown
later.
NO
T E F O R P . S-27:
9
Beginning Jan. 1978, data for condensed and evaporated milk are reported under t h e
single heading "total milk and cream, condensed and evaporated"; data for dry whole milk
and nonfat dry milk are under the heading "total dry milk, whole and nonfat."
SURVEY
S-30
1977
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
CURRENT BUSINESS
Annual
June 1978
1977
Apr.
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS—Continued
Vegetable oils and related products:
Coconut oil:
Production, refined
Consumption in end products
Stocks, refined, end of period If
ImDorts
Tnil. lb
849.2
990.3
40.1
1,206.9
729.4
878.7
39.9
994.3
59.3
73.0
37.7
64.9
67.6
73.9
46.9
89.4
69.8
79.1
41.4
108.8
67.1
63.1
48.0
66.3
49.1
71.9
42.9
75.0
59.4
73.1
40.1
76.1
56.5
76.3
37.9
29.4
61.0
77.4
30.7
75.1
55.1
65.0
39.9
94.5
58.1
69.3
36.6
65.5
56.8
71.0
35.9
127.1
r
73 0
'81.5
' 46.0
102 9
692.4
562.2
517.0
42.1
671.9
577.0
537.6
33.4
55.6
42.4
37.1
43.2
58.1
50.7
44.0
61.2
57.9
46.3
39.3
62.1
64.0
43.9
40.7
64.7
59.3
53.2
49.1
54.8
53.7
49.0
48.2
45.8
58.9
51.6
46.5
39.5
58.0
48.6
47.5
48.3
50.1
49.0
50.6
33.4
54.9
47.6
44.7
26.7
51.6
43.2
43.2
31.9
r
51 1
' 48 7
'33.4
44 1
36 7
41.8
984.3
819.8
578.8
1,254.6
995.7
625.3
91.1
79.2
56.7
89.3
82.0
56.1
78.5
73.3
56.2
67.3
55.8
45.9
63.0
57.8
51.8
60.1
48.7
48.6
115.1
77.8
47.5
146.3
111.4
52.6
140.2
112.8
58.5
141.6
111.1
50.0
129.5
98.2
52.3
141.8
'114.7
'55.6
101.8
55.2
191.6
520.9
.297
132.7
731.2
.299
226.9
72.4
.350
214.0
23.0
.360
182.5
58.3
.360
153.0
57.4
.280
122.2
52.5
.275
79.4
65.5
.245
91.5
35.4
.265
112.4
64.2
.270
132.7
67.2
.300
151. 4
50.6
.295
156. 4
68.2
.288
' 176. 4
84.9
.315
181.8
61.6
.315
9, 639. 6
7,185.4
7,576.6
8,836.5
7,642.5
7,451.0
747.3
624.7
597.0
682.4
639.1
611.0
631.1
578.1
553.8
566.6
553.1
517.9
553.6
648. 4
629. 8
578.2
612.0
621.5
821.9
686.8
658.6
922.3
749. 8 .
682.3
931.5
731.0
721.9
911.9
705. 6
664.1
809.5
653.2
648. 8
r
945.1
801 4
' 771. 7
738.0
685.1
1,488.1
1,088.4
.244
859.2
1,666.9
.289
1,478.9
103.3
.358
1,355.0
209.4
.353
1,168.4
159.9
.330
1,032.0
154.2
.271
937.3
72.0
.275
766.6
66.0
.249
752.1
108.8
.246
766.5
185.5
.260
859.2
175.3
.285
913.8
7 113. 1
.265
856. 5
141.8
.265
'803 8
252.6
.320
823.3
218. 9
.319
i 2,136
i 1,912
5,070
4,978
577,997 2 628,564
310,393 316,236
31,271
36,471
38,003
17,482
4,425
41,525
22,762
49, 692
27,333
47,506
32,360
4,719
66,331
33,271
17,850
22,997
5 070
49,515 102, 364
25,072 23, 716
52,539
25,925
55,604
26,973
73,157 40,904
27, 773 29,161
78,132
592,018
3,771
66,835
6,371
45,071
295
5,676
6,432
46, 687
344
6,267
7,991
55,079
350
5,781
5,935
43,260
274
5,887
8,031
56,151
314
6,442
7,716
49,144
326
7,530
5,693
50, 779
385
3,570
5,952
51, 358
341
4,177
6,734
42, 886
284
7,341
5,399
48,436
280
3,716
6,769
49.326
'271
6,151
7,362
55,317
6,580
5,361
do
do .
do
Corn oil:
do __
Production: Crude
do
Refined
do
Consumption in end products
Stocks, crude and ref., end of period If do
Cottonseed oil:
Production- Crude
do
do
Refined
. _
Consumption in end products
do__.
Stocks, crude and ref., end of period If do
Exports (crude and refined) _
do
Price, wholesale (N.Y.). .
$ perlb
Soybean oil:
mil. lb
Production* Crude
do
Refined
do
Consumption in end products
Stocks crude and ref end of period f do
do
Exports (crude and refined)
Price, wholesale (refined; N.Y.)
$ per lb__
58.6
70 4
88.7
48.2
72 4
.335
.336
TOBACCO
Leaf:
Production (crop estimate)
mil lb
Stocks, dealers' and manufacturers', end of period
Exports, incl. scrap and stems
Imports incl scrap and stems
Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
Taxable
Cigars (large) taxable
Exports, cigarettes
-mil lh
do
thous. lb
millionsdo
do
do.
72,126
617, 892
4,041
61,370
329
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9
thous $
Calf and kip skins
thous. skins..
Cattle hides
. . thous. hides
53,264
250
2,167
48,048
174
2,016
49,051
171
2,023
51,786
246
2,189
46,500
187
1,937
50,381
249
2,157
39,260
179
1,631
38,207
196
1,572
52, 871
336
2,235
745,523
211
1,893
47,562
160
2,021
58, 535
288
2,270
61, 297
265
2,375
96 500
15,468
1,137
7,700
1,355
144
12.200
2,260
123
10, 600
1,721
83
9,600
1,601
68
9,400
1,385
72
9,500
1,295
151
5,000
482
44
3,500
155
3
8,100
1,288
80
841
116
1,850
227
2,080
143
2,541
275
4.914
.370
.900
.401
1.150
.413
1.150
.363
.900
.381
.900
.368
.900
.348
.338
.750
.348
.800
.380
.900
.388
.900
.378
1.000
.373
1.000
.413
206,276
18,338
16,714
16,205
18, 612
12,276
16,838
12,807
14,980
18, 240
17,364
15,309
16, 408
16, 720
« 197. 9
6 205.8
211.4
211.4
201.3
207.1
207.1
207.1
192.7
201.3
201.3
210.0
212.8
208.5
207.1
422,507
384,332
31,305
32,798
33,220
24,931
34,600
32,926
33, 659
33,183
30,896 '32,395
32, 565
20,509
3,870
441
111
27,260
6,134
925
281
25,832
6,006
846
242
25,916
6,671
802
270
26,187
6,059
698
239
25,644 '26,955
4,263 ' 4,204
731
'978
258
'258
26,584
4,643
987
351
422
475
549
369
489
453
395
378
585
495
552 276
2,162
25,270
2
Imports:
Value, total 9
thous $
89 100
Sheep and lamb skins
thous. pieces.. 16,603
Goat and kid skins
do
1 255
Prices, wholesale, f.o.b. shipping point:
Calfskins, packer, heavy, 9H/15 lb
$ per lb.. 3.755
Hides, steer, heavy, native, over 53 lb
do.. .
.338
LEATHER
Production:
Calf and whole kip
thous skins
Cattle hide and side kip__thous. hides and kips..
Goat and kid
thous. skins
Sheep and lamb
do
Exports:
Upper and lining leather
thous. sq. ft. 2 203,707
Prices, wholesale, f.o.b. tannery:
Sole, bends, light .
index, 1967=100
Upper, chrome calf, B and C grades
index, 1967=100
582,906
2,508
24,488
2
2
7
1.100
.418
210.0
LEATHER MANUFACTURES
Shoes and slippers:
Production, total
thous. pairs..
Shoes, sandals, and play shoes, except athletic
thous. pairs..
Slippers
do
Athletic
do
Other footwear
do
Exports
do
Prices, wholesale f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt
index, 1967=100 .
Women's oxfords, elk side upper, Goodyear
welt
index, 1967=100..
Women's pumps, low-medium quality. _.do
345,433
64,880
10,064
2,130
305,932
63,083
10,102
2,595
25,029
5,149
965
162
26,050
5,566
989
193
26,242
5,867
927
184
6,023
5,411
463
412
477
179.1
193.3
192.5
192.5
192.5
194.8
194.8
194.8
197.9
197.9
197.9
200.8
206.8
206.8
211.4
211.4
163.8
143.4
171.8
144.9
173.0
143.8
173.0
143.8
173.0
143.8
170.2
143.8
170.2
143.8
170.2
143.8
173.3
146.8
173.3
146.8
173.3
146.8
176.9
146.8
176.9
146.8
176.9
146.8
181.7
157.4
182.9
161.3
' Revised. ! Crop estimate for the year. 2 Annual total reflects revisions
not distributed to the monthly data. 3 Average for Jan., Feb., and
Apr.-Dec. 4 Average 7for Jan.6
Sept., Nov. and Dec. s Average for Jan.-Nov.
Average for Feb.-Dec.
Because
of an overall revision to the export commodity classification system effective Jan. 1,1978, data
may not be strictly comparable with those for earlier periods.
9 Includes data for items not
shown separately.
If Factory and warehouse stocks.
SURVEY OF CURRENT BUSINESS
June 1978
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1977
1976
1977
Apr.
Annual
S-31
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
2,904
430
2,474
3,222
497
2,725
Apr.
May
LUMBER AND PRODUCTS
LUMBER—ALL TYPES?
National Forest Products Association:
i 36,479
Production, total
mil. bd. ft
6,449
Hardwoods __
do. _
Softwoods
do. -. 30,030
_ do
do
do
i 36,344
6,442
29,902
do
do
do
Exports total sawmill products
do
Imports, total sawmill products... _ _ _ _ _ do
Shipments, total
Hardwoods
Softwoods
_.
Stocks (gross) mill end of period, total
Hajdwoods
Softwoods
i 37, 202
6,152
31,050
1
3,260
536
2,724
3,253
545
2,708
3,160
575
2,585
2,975
507
2,468
3,290
583
2,707
3,368
526
2,842
3,268
552
2,734
2,839
487
2,352
2,944
456
2,488
2,843
442
2,401
3,364
3,314
3,387
3,077
3,358
3,296
3,269
2,859
2,983
2,699
37,488
6,264
31,224
575
548
590
492
583
516
2,789
2,766
2,797
2,585
2,775
2,780
2,693
2 363
2,528
2,273
2 285
o 647
5,093
882
4,211
4,818
770
4,048
5,197
802
4,395
5,133
796
4,337
4,964
781
4,183
4,845
788
4,066
4,787
789
3,998
4,859
799
4,060
4,876
775
4,101
4,855
765
4,090
4,818
770
4,048
4,963
787
4,176
5,128
763
4,365
5,201
749
4 452
1,909
8,178
1,670
10,698
142
890
167
996
150
999
116
934
156
920
128
938
99
858
108
956
142
911
72
865
94
840
110
937
8,377
634
8,390
565
733
621
725
573
748
631
537
547
715
573
663
504
726
497
637
515
786
565
711
605
686
585
815
646
8,322
8,293
8,437
8,459
927
745
784
977
737
773
941
656
690
907
599
621
885
682
689
878
772
732
918
747
733
932
611
619
924
739
736
927
738
671
994
1 065
43
12
34
13
35
11
30
8
25
8
28
6
39
9
52
17
21
24
21
17
22
51
7
28
5
31
44
23
29
36
576
496
455
426
2,7'41
456
3,158
511
SOFTWOODS
Douglas fir:
Orders, new
___
Orders, unfilled, end of period
mil. bd. ft
_ do
Production
_
Shipments
Stocks (gross) mill end of pieriod
do
. . do . _
do
Exports total sawmill products
Sawed timber
Tioards DlSnks scantlings etc
do
do
do
Price, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$perM bd. ft__
Southern pine:
Orders new
Orders unfilled end of period
Production
Shipments
mil bd ft
do
- . .
do
do
Stocks (gross), mill and concentration yards, end
of period
mil bd ft
Exports, total sawmill products
Production
Shipments
Stocks (gross), mill, end of period
488
129
38
8
53
16
359
30
37
191.24
230.38
226.05
225.42
213. 79
230.93
242.51
256.92
237.27
218.03
227. 70
238.08
241.81
246.28
i 7,467
i 8, 317
443
470
790
505
757
509
838
562
707
523
798
524
646
447
739
434
667
466
637
470
624
500
591
495
790
552
i 7,575
1
7,477
i 8,224
i 8,290
778
780
729
753
728
785
708
746
759
797
742
723
764
752
629
635
621
633
608
594
622
596
728
733
1,191
1,166
1,310
1,286
1,229
157, 806
17,548
14,938
18,473
207.5
271.0
258.5
259.9
263.7
233.6
250.2
242.7
243.8
246.0
9,760
10,059
590
808
576
812
540
1,015
554
do
do
9,789
9,744
10,042
10,023
820
821
_.do
1,315
1,334
184.31
114.5
mil. bd. ft
___do
Price, wholesale, Ponderosa, boards, No. 3,1" x 12",
R L (6' and over)
$ per M bd. ft
779
754
1 090
602
180
1,232
Prices, wholesale (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1967 = 100. _
Flooring, C and better, F. G., 1" x 4", S. L.
1967=100..
111
706
422
140,386
___M bd. ft.
Western pine:
Orders new
Orders, unfilled, end of period
949
729
675
715
700
1,105
238.48
238.43
1,153
1,172
1,184
1,178
1,166
1,180
1,206
1,210
9 194 15 682
14 242
9 272
10 223
9,005
14 712
9 784
14,492
275.9
284.2
287.9
288.6
290.6
294.3
299.7
305.5
313.6
321.5
329.7
251.5
254.8
259.1
260.2
262.4
264.6
267.9
269.9
272.4
271.2
274.4
637
824
604
908
606
884
554
847
563
790
558
842
590
678
568
732
618
828
636
720
598
876
848
840
918
822
857
892
906
941
936
860
838
792
795
800
810
725
700
739
682
848
810
770
758
1,419
1,447
1,369
1,334
1,320
1,325
1,347
1,344
1,334
1, 359
1,416
1,454
1,466
231.53
251. 21
239. 98
216. 44
219. 96
232.57
236. 48
235. 28
215.40
226.17
247.58
263.85
264.90
267.57
112.8
7.9
10.1
7.0
7.6
5.3
9.4
5.6
9.6
11.1
4.2
7.0
7.6
9.4
7.3
9.1
6.4
9.8
6.8
8.1
7.9
9.8
8.9
8.6
9.1
10.8
10.4
10.7
104.5
109.3
109.8
110.0
9.4
9.3
7.2
9.1
9.3
7.1
9.5
9.1
6.1
8.3
8.7
5.6
10.0
10.6
10.1
9.7
9.7
5.4
10.0
5.1
9.3
9.4
4.9
9.1
7.3
6.2
7.9
8.8
5.3
8.0
8.5
4.8
9.9
9.4
5.4
0.0
9.2
5.2
240.07
HARDWOOD FLOORING
Oak:
Orders new
Orders, unfilled, end of period
mil. bd. ft
do
Production
Shipments
_
Stocks (gross), mill, end of period.
-_
do
do
__do
8.9
6.2
5.1
9.5
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products.._
thous. sh. tons..
Scrap
do
Pig iron
do
Imports:
Steel mill products.._
Scrap t
Pig iront
57
2,003
6,175
51
233
449
4
178
524
10
151
654
6
136
594
4
143
438
3
171
598
3
125
474
2
148
462
2
149
475
1
160
642
1
208
444
1
14,285
507
415
19,307
625
373
1,115
80
14
1,817
43
36
1,819
41
58
1,582
35
22
1,831
67
19
2,057
62
25
1,762
40
54
1,938
39
48
2,087
50
53
1,538
53
44
2,220
46
7
thous. sh. tons_. i 50,035 i 49,523
i 41,144 i 47,873
do
i 89,914 i 92,090
do
i 9,360
...do
4,333
4,340
8,107
9,908
4,571
4,456
8,570
9,720
4,570
3,961
8,507
10,625
3,961
3,961
7,527
10,553
4,207
4,051
7,734
9,760
4,187
4,035
7,605
9,917
4,244
4,093
7,985
9,734
3,962
3,709
7,430
9,412
3,968
3,729
7,368
9,360
3,824
3,679
7,541
8,923
• 3,714
• 3,868
• 7,334
• 8, 797
do_.
do..
do..
-
2,654
8,120
Iron and Steel ScrapH
Production
Receipts, net
Consumption
Stocks, end of period
Prices, steel scrap, No. 1 heavy melting:
71.46
73.62 3,55. 99
63.32 2 60.47 2 60.65 2 59. 53 2 51.77 2 47.17 2 56.34 2 66. 04 2 68.91 2 71.90
74.03 6S.01
Composite (5 markets)
$perlg. ton..
75. 50
77.00
74.50
73.00
79.10
67.50 67.00 66.50 64.00 56.00 51.00
80.35
75.50
70.50
Pittsburgh district
do
61.50
r
separately.
f
Effective
Aug.
1976
SURVEY,
scrap
excludes
imports
of
rerolling
rails
and
pig
Revised.
* Preliminary.
* Annual data; monthly revisions are not available.
2
iron excludes sponge iron imports previously included.
Effective with Feb. 1977, composite reflects substitution of Los Angeles
for San Francisco;
3
If Effective with 1974 annual and Jan, 1975 figures, data reflect expanded sample and exeffective
July 1977, it reflects addition of Detroit and Houston.
Avg. for July-Dec.
4
Less than 500 short tons.
9 Totals include data for types of lumber not shown
clusion of direct-reduced (prereduced) iron, previously included in scrap series.
S-32
Y UJb <JU1
su
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
T HiJSIJN
1977
1977
Annual
June 1978
Apr.
May
June
July
1978
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous. lg. tons.
Shipments from mines
_
do
Imports
do
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
do
Consumption at iron and steel plants
do
Exports..
do
Stocks, total, end of period
do
At mines
do
At furnace yards
do
At U.S. docks
do....
Manganese (mn. content), general imports...do
79,200
77,216
40,967
55,698
54,296
37,905
6,084
4,824
2,051
6,971
8,176
3,078
7,429
9,432
4,299
6,677
9,616
3,520
1,805
5,590
4,961
1,763
2,459
4,245
1,548
2,579
4,083
1,450
1,740
4,207
3,843
4,051
3,145
5,104
3,871
0
4,820
2.475
1,316
6,425
2,489
1,643
117,697
114,324
2,913
94,944
108,462
2,143
7,058
9,667
364
11,119
10,930
376
12,680
10,108
393
13,174
9,436
10,566
9,074
147
7,958
8,504
2
7,351
8,685
100
6,387
8,185
18
7,697
8,469
111
4,408
8,735
87
4,185
8,321
2
4,639
9,048
2
67,211 65, 923 63,523 60, 745
16,460 15,739 14, 695 14, 373
47,224 46,678 45,344 43,354
3,527 3,506 3,484 3,018
59,390
14,140
42,271
2,979
56,342
15,358
37,915
3,069
75,035
14,026
56,246
4,763
1,053
59,390 68,485 67,701 68,502
14,140 26,220 25,012 23,002 20,247
42,271 39,195 39.381 41,991 45,793
2,979 3,070 3,308 3,509 3,651
54,092 53,084
17,702 21,687
33,701 29,195
2,689
2,022
834
48
121
119
62
87
110
49
21
64
94
81,349
82,017
1,309
7,382
7,396
1,526
7,962
8,053
1,508
7,530
7,535
1,526
7,008
7,001
1,564
6,763
6,832
1,573
6,566
6.650
1,530
6,636
6,753
1,419
6,121
6,228
1,356
6,419
6,498
1,309
6,390
6,452
1,271
5,971
6,894
0,061 r 7,013
1,200 r 1,108
7,189
7,316
1,010
183.11
178.00
178.00
178.00
178.00
178.00
191.00
191.00
191.00
191.00
191.00
191. 00 191.00
191.00
191.00
935
14,966
7,207
920
1,301
632
964
1,355
660
920
1,424
923
1,106
557
940
1,276
658
870
1,264
630
891
1,355
639
854
1,235
587
935
1,077
531
11,528
88.5
12,320
91.5
50
113
Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous. sh. tons.. 86,870
86,929
Consumption
do.
1,513
Stocks, end of perioddo.
3
182.
33
Price, basic furnace
$ per sh. ton..
Castings, gray and ductile iron:
Orders, unfilled, for sale, end of period
832
thous. sh. tons.
Shipments, total
do— 14,168
6,859
For sale
do._.
Castings, malleable iron:
Orders, unfilled, for sale, end of period
56
thous. sh. tons.
848
Shipments, total..
do...
491
For sale
..do,-.
Steel, Raw and Semifinished
1,022
1,340
660
65
826
457
Steel (raw):
124,746 11,167 12,201 11,384 10, 319 10,392 10,050 10,442
Production
thous. sh. tons 1127,943
80.9
77.2
78.0
83.3
77.2
84.9
88.1
Rate of capability utilization*
percent..
77.7
76.7
Steel castings:
Orders, unfilled, for sale, end of period
431
441
429
451
427
444
447
439
438
thous. sh. tons..
1,804
131
1,711
151
165
152
156
113
145
Shipments, total.
_
do
1,513
111
1,483
132
131
133
143
123
For sale, total
do.
Steel Mill Products
Steel products, net shipments:
Total (all grades)
thous. sh. tons. 1 89,447 91,053 7,981 8,369 8,811
By product:
4,384
4,055
386
385
401
Semifinished products
do...
4,187
4,379
374
417
410
Structural shapes (heavy), steel piling.__do._.
7,160
7,538
702
713
719
Plates
do...
2,017
1,863
164
164
175
Rails and accessories
do...
Bars and tool steel, total
...do... 114, 234 15,361 1,373 1,417 1,514
9,251
834
848
926
Bars: Hot rolled (incl. light shapes)
do... 1 8, 664
4,234
373
397
408
Reinforcing
do__. 13,876
1,792
1,618
164
173
159
Cold
finished..
do...
6,265
7,484
614
625
677
Pipe and tubing
.do.
2,461
2,401
234
221
240
Wire and wire products
do.
6,436
6,382
457
474
561
Tin mill products
do.
42,303 41,586 3,678
3,941 4,124
Sheets and strip (incl. electrical), total..-do.
15,090
14,484
1,292
1,412
1,429
Sheets: Hot rolled
do.
18,265
17,627 1,595
1,665 1,724
Cold rolled
do.
By market (quarterly shipments):
4,271
Service centers and distributors©
do... 4 14,615 415,346
2,161
Construction, incl. maintenance©
do... < 7,508 « 7,553
4,500
4,502
1,328
Contractors' products
do
5,963
Automotive
do... 21,351 21,490
3,238
3,056
869
Rail transportation
.do. - 5,566
1,496
5,180
Machinery, industrial equip., tools
do...
6,714
1,697
6,914
Containers, packaging, ship, materials...do._.
7,374
Other©
do... * 26,371 4 26,740
Steel mill shapes and forms, inventories, end of
period—total for the specified sectors:
mil. sh. tons.
36.4
34.7
34.1
34.8
Producing mills, inventory, end of period:
12.2
11.0
10.9
10.1
Steel in process
mil. sh. tons
11.2
7.1
7.5
7.0
Finished steel
do.. .
7.6
7.4
Service centers (warehouses), inventory, end of
6.5
6.4
G.5
period
mil. sh. tons.
6.6
Consumers (manufacturers only):
10.2
10.2
10.5
10.3
Inventory, end cf period
do
62.6
6.1
5.8
63.4
5.9
Receipts during period
.do...
5.9
62.9
5.7
5.8
Consumption during period
do...
63.9
o J Prelin p'nary.
i Annual data; monthly or quarterly revisions are not
Q J Q ?K!
available
2 For month shown.
3 Avg. for 8 months; price not available for July-Oct.
1976.
*se SeeS note
"©" for this page. « Avg. for 11 months; Feb. price not available.
Pr -«..Sou.rcej American Iron and Steel Institute. The production rate of cautilization is based on tonnage capability to produce raw steel for a full order book
990
1,090 * 1, 161
543
596
1,748
75.0
431
139
122
10,031 10,301
74.7
77.2
9,643
80.1
11,083
83.1
451
132
115
494
152
135
'461
141
125
504
158
138
6,986
7,737
7,662
7,400
7,020
7,323
7,539
8,718
8,055
265
339
577
134
311
409
581
145
357
362
587
169
359
334
581
155
321
355
613
140
311
380
636
140
352
376
649
136
344
354
596
132
425
421
738
157
434
413
714
146
1,140
642
364
128
1,296
757
372
160
1,297
775
369
146
1,297
791
343
155
1,253
786
314
146
1,239
731
371
130
1,221
769
284
161
1,236
754
307
1,438
854
384
191
1,423
827
412
177
625
172
502
3,233
1,144
1,354
677
199
656
3,463
1,205
1,422
654
203
539
3,493
1,164
1,480
657
201
453
3,363
1,156
1,407
639
174
400
3,292
1,099
1,417
672
165
431
3,046
1,103
1,201
636
192
461
3,300
1,127
1,382
708
198
645
3,326
1,190
1,373
804
23.=
506
3,933
1,400
1,644
737
231
449
3,509
1,406
1,445
3,844
1,957
1,148
5,109
806
1,324
1,748
6,446
35.5
11.4
7.0
4,179 2 1,506
2 783
2,079
2 300
939
5,117 2 1,642
2 276
820
2 501
1,477
2 490
1,790
7,17 2 2,558
3,746
1,769
1,051
4,996
775
1,428
1,296
6,519
35.8
34.6
34.2
33.9
34.1
34.1
11.5
6.9
10.6
7.1
10.5
7.2
10.2
7.3
10.1
7.6
10.0
6.6
0.9
10.5
4.6
4.6
10.5
5.3
5.3
6.5
6.5
6.6
9.9
4.
5.0
9.
4.6
4.7
9.4
7.4
7.8
6.5
9.
5.
5.2
5.0
based on the current availability of raw materials, fuelsjmd
supplies,^ and^ofthe^industry^
'5.1
coke,
10.1
5.3
5.7
-.
10.0
5.5
5.6
.
••9.9
"'^
utors" and "Construction, incl. maintenance," respectively, are now included in
June 1978
Viiil
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
UJb (JUKJb
3$
1977
1976
Annual
3-33
1977
Apr.
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
. 5300
.5300
.6477
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons..
Kecovery from scrap (aluminum content)..do
Imports (general):
Metal and alloys, crude
Plates, sheets, bars, etc.
Exports:
Metal and alloys, crude
Plates, sheets, bars, etc....
4,251
1,346
4,539
1,367
371
123
382
120
369
117
381
103
376
116
367
119
108
113
395
106
400
110
366
104
395
117
...do
do
568.7
87.1
673.3
73.8
59.3
6.1
59.8
4.8
74.1
6.8
67.5
5.8
75.9
8.0
42.2
8.0
49.6
5.8
54.5
5.1
57.5
7.1
30.0
1.5
36.0
2.8
46.1
3.1
-do
.--do
152.4
222.1
97.8
207.9
12.5
20.0
4.4
20.2
6.7
18.1
7.9
14.6
9.0
15.7
2.9
13.9
8.9
11.6
7.2
22.8
3.7
15.8
5.7
22.3
6.1
24.0
.4449
.5132
.5100
.5100
.5100
.5300
9.3
18.7
.5300
.5300
.5300
.5300
.5300
.5300
.5300
.5300
12,568
9,716
5,584
1,845
13,199
10,420
6,041
2,001
1,205
952
557
166
1,175
948
542
173
1,208
915
528
176
975
800
472
130
1,084
867
497
165
1,050
878
509
166
1,055
869
507
174
1,001
830
475
176
1,146
846
496
152
1,008
••836
'476
'158
1,072
889
504
159
1,283
986
553
'5,685
5,579
5,535
5,452
5,591
5,644
5,685
5,725 ' 5, 685
5,811
5,802
5,722
1,518.0
1,496.2
1,411.0
85.2
364.0
147.6
166.2
157.3
8.8
36.0
146.5
166.9
156.4
10.5
39.0
138.6
176.9
166.5
10.4
46.0
70.1
46.2
44.4
1.8
24.0
102.5
69.1
66.3
2.8
21.0
107.5
88.5
8o.l
3.4
25.0
124.8
118.2
110.9
7.3
26.0
124.5
125.2
118.9
6.3
26.0
124.6
120.2
112.7
7.5
28.0
125.4
116.3
7.6
122.5
116.0
99.8
16.2
133. 5
134.6
124.4
10.2
547.4
384.1
528.1
394.0
49.6
35.0
44.2
28.6
41.9
36.0
45.2
40.4
49.1
39.7
37.3
31.7
42.5
32.1
55.5
45.9
69.3
58.2
220.3
52.7
14.8
5.2
14.7
5.2
36.0
5.2
21.5
5.5
17.5
1.6
22.0
4.4
16.6
4.6
71.3
55.8
22.8
6.9
64.0
47.4
250.0
113.1
43.8
28.6
14.7
5.0
17.1
4.7
19.1
4.9
24.2
11.9
1,995
651
177
2,202
649
178
662
220
679
226
635
683
248
656
247
598
227
484
582
168
577
160
614
152
526
649
178
658
164
647
151
566
620
144
.7261
.7120
.6800
.6379
.6062
.6062
.6062
.6194
.6359
.6241
. 6462
49.1
Price, primary ingot, 99.5% minimum..$ per lb._
Aluminum products:
Shipments:
Ingot and mill prod, (net ship.)
Mill products, total
Sheet and plate
Castings
mil. lb._
do
do
do
Inventories, total (ingct, mill products, and
5,631
scrap), end of period
mil. lb_.
Copper:
Production:
Mine, recoverable copper
thous. sh. tons.. il,605.6
Refinery, primary
d o . . . 11,539.3
From domestic ores
d o — 11,422.7
From foreign ores
d o — i 116. 6
353.0
Secondary, recovered as refined
..do—
Imports (general):
Refined, unrefined, scrap (copper cont.).. .do.
Refined.
do..
Exports:
Refined and scrap
..do.
Refined
...do..
1
Consumption, refined (by mills, etc.)
do—
Stocks, refined, end of period
do—
Fabricators'
do_...
Price, electrolytic (wirebars), dom., delivered
$ perlb..
Copper-base mill and foundry products, shipments
(quarterly total):
Brass mill products
mil. lb_.
Copper wire mill products (copper cont.)..-do.._.
Brass and bronze foundry products. _
do....
.6956
.6677
2,517
2,383
547
2, 668
2,665
583
Lead:
Production:
Mine, recoverable lead.
thous. sh. tons..
Recovered from scrap (lead cont.)
do
1609.5
682.5
i 589.2
734.4
53.2
61.4
48.4
61.1
50.5
64.9
39.0
54.0
52.1
62.6
46.2
65.7
49.1
62.6
48.7
60.3
51.1
61.2
'49.8
54.7
45.0
^56.4
57.3
224.6
1,429.1
204.3
1,484.3
15.4
126.9
19.8
121.8
6.2
126.2
21.2
105.0
10.0
133.5
4.6
132.7
9.2
120.0
12.0
121.8
5.4
122.5
3.4
115.0
13.2
124.0
180.7
184.6
163.4
158.0
157.1
163.1
183.4
192.7
189.7
187.7
184.6
182.1
176.4
184.4
43.7
110.1
15.4
109.3
20.5
101.6
19.7
101.1
14.5
115.2
13.2
120.8
12.7
119.7
13.5
112.9
15.9
111.2
15.4
109.3
15.4
106.0
15.8
111.7
96.0
.2310
91.3
.3070
90.6
. 3100
89.0
.3100
85.2
.3100
90.6
.3100
90.5
.3100
11.1
118.2
88.7
.3100
84.8
.3102
91.3
.3200
91.3
.3852
97.6
.3300
94.2
.3300
5,733
45,055
16,446
1,467
62,928
53,850
6,724
48, 338
15,380
1,790
68,000
55,500
499
3,955
1,300
150
5,800
4,600
497
3,711
1,205
135
5,800
4,700
2,429
3,549
1, 295
155
6,000
4,800
0
4,084
1,160
175
5,200
4,200
0
4,406
1,435
165
5,800
4,500
0
3,541
1,380
155
5,900
4,700
0
4,056
1,400
240
5,400
4,400
607
4,120
1,215
100
f>, 000
4,100
1,089
3,800
1,165
120
5,100
4,300
273
169
4,727
2,911
1,255
1,160
175
120
5,400 r' 5,000
4,500 3, 700
5,462
8,441
5.3460
370
6,175
281
5,644
4.8861
594
238
5,378 9,214
7,272
5. 5638 6. 0794 6. 2093
430
8,441
6.1518
324
7.626
5.9230
380
6,628
5.9336
5.5757
Imports (general), ore (lead cont.), metal...do
Consumption, total
do
Stocks, end of period:
Producers', ore, base bullion, and in process
(lead content), ABMS
thous. sh. tons..
Refiners' (primary), refined and antimonial
(lead content)
thous. sh. tons..
Consumers' (lead content)©*
do
Scrap (lead-base, purchased), all smelters
(gross weight)
thous. sh. tons...
Price, common grade, delivered
$ per l b . .
Tin:
Imports (for consumption):
Ore (tin content)!
metric tons..
Metal, unwrought, unalloyedt
do
Recovery from scrap, total (tin cont.)t
do
As metal!
do
Consumption, total!
do
Primary!
do
'146
381
568
235
4,720 6,305 5,557
5.1804
5.5637
4.8179
.3300
579
484.5
457. <
40.2
ao
32.4
41.2
35.3
33.9
33.2
35.3
do...
.do...
97.1
714.5
121.9
575.5
4.7
60.8
4.6
52.1
8.1
36.2
11.3
43.5
11.3
55.4
9.3
42.2
11.8
47.1
26.5
54.4
12.5
60.6
3.8
64.9
10.9
43.4
13.7
35.1
do...
do...
96.6
202.3
100.8
238.2
8.3
16.4
9.3
16.2
8.5
15.8
8.6
15.3
9.2
15.8
10.6
28.8
7.7
28.2
8.3
28.2
8.2
27.2
7.0
27.2
27.2
8.4
28.8
498.9
63.6
1,134.1
3.5
392.6
41.4
1,103.1
.2
40.2
2.7
96.2
(2)
32.7
4.5
96.5
(2)
27.8
4.1
100.4
(2)
23.6
3.2
80.6
21.7
3.7
98.4
22.5
3.4
96.0
31.1
3.1
95.0
36.9
3.1
88.2
38.0
2.9
79.6
35.9
3.3
85.9
29.0
4.0
'84.0
1
25.0
5.4
96.0
1
88.8
111.8
65.8
86.8
67.9
116.7
78.9
107.7
77.3
89.1
Slab zinc: §
Production (primary smelter), from domestic
and foreign ores
thous. sh. t o n s . .
Secondary (redistilled) production
do
Consumption, fabricators
do
Exports
do....
Stocks, end of period:
Producers', at smelter ( A B M S ) O
do
Consumers'
do....
Price, Prime Western
$perlb._
.3701
.3439
.3700
.3557 .3400
r
2
Revised.
*
Annual
data;
monthly
revisions
are
not
available.
Less
than
50 tons.
3
See "*" note.
* For month shown.
d* Includes secondary smelters' lead stocks in refinery shapes and in copper-base scrap.
§ All data (except annual production figures) reflect GSA remelted zinc and zinc purchased
for direct shipment.
O Revised Dec. 31 stocks for 1970-73 (thous. tons): 124.2; 48.6; 30.1,
25.9. Producers' stocks elsewhere, end of Mar. 1978, 51,147 tons.
37.2
.3100
145
5,500
4,100
thous. sh. t o n s .
3
.3300
664
5,070
2,337
7,282
3 3.7982
Consumption (recoverable zinc content):
Ores
Scrap, all types
••599
do...
do...
$ per l b .
Exports, incl. reexports (metal)f
Stocks, pig (industrial), end of period!
Price, Straits quality (delivered)*
Zinc:
M i n e prod., recoverable zinc
I m p o r t s (general):
Ores (zinc content)
M e t a l (slab, blocks)
582
683
137
••657
728
724
155
5. 3962 5.7027
56.9
50.0
64.3
62.8
65.3
65.3
60.3
59.7
74.9
64.7
83.5
76.7 '81.0
76.2
86.8
81.9
76.9
83.6
86.2
.2900
.2900
.2900
.3006
.3050
.3050
.3073
.3400 .3400 .3400 .3190
* New series effective with data for Jan. 1976, Source: Metals Week. MW Composite monthly
price (Straits quality, delivered) is based on average of daily prices at two markets (Penang,
Malaysia—settlement, and LME 3-month—High grade), and includes fixed charges plus
dealer's and consumer's 70-day financing costs; no comparable earlier prices are available.
t Effective with the Apr. 1977 SURVEY, data are expressed in metric tons (to convert U.b.
long tons to metric tons, multiply by factor, 1.01605). c Corrected.
<JUK.KJSJN J1/ .BU
VJttI
S-34
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
1977
Apr.
Annual
June 1978
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
METALS AND MANUFACTURES—Continued
MACHINERY AND EQUIPMENT
Heating, combustion, atmosphere equipment, new
orders (domestic), net, qtrly. 9 O
mil. $,..
Electric processing heating equip..
do__,_
Fuel-fired processing heating equip
do
184.3
35.8
77.3
i 240.8
^68.0
192.5
Material handling equipment (industrial):
Orders (new), index, seas, adj
1967=100..
167.5
232.3
235.7
220.6
236.4
139.0
206.7
280.4
244.0
296.0
278.5
286.5
246.2
15,786
16,152
18,000
21,409
1,385
1,674
1,351
1,929
1,676
2,182
1,011
1,171
1,535
1,844
1,705
1,661
1,760
1,930
1,675
1,901
1,652
1,867
1,363
1,614
1,775
1,912
1,897
2,441
1,539
2,173
33, 930
43,289
3,677
3,666
3,956
3,442
3,887
3,316
2,893
3,219
4,378
4,675
4,312
165.4
199.2
201.7
198.8
199.1
199.5
195.4
200.0
206.2
207.5
211.4
213.8
215.4
218.6
222. i
207.5
207.9
218.6
224.7
214.7
212.3
208.8
208.9
208.7
224.0
233. (
190.3
192.0
192.7
193.6
195.4
196.3
196.8
198.6
199.7
200.6
147.70 198.50 160.10
135.95 174.40 150. 55
106.25 166.50 141. 55
97.75 147.55 131.40
1,637.3 1,669.3 1,687.8
222.65
205.95
163. 05
140. 75
1,747.4
Industrial trucks (electric), shipments:
Hand (motorized)
number..
Eider-type..
-do
Industrial trucks and tractors (internal combustion
engines), shipments...
number._
Industrial supplies, machinery and equipment:
New orders index, seas, adjusted
1967-69=100..
Indust rial suppliers distribution:
Sales index, seas, adjusted
1967=100..
Price index, not seas. adj. (tools, material handling
equip., valves, fittings, abrasives, fasteners,
metal products, etc.)
1967=100..
Machine tools:
Metal cutting type tools:
Orders, new (net), total
Dorrest'c
Shipments, total
Doirestfc
Order backlog, end of period
Metal forming type tools:
Orders, new (net), total
Domestic.
Shipments, total
Domfstic
Order backlog, end of period
183.8
207.4
205.0
201.9
178.4
191.4
188.7
189.4
mil. $_. 1,662.15
...do
1,476.60
do
1,482.10
do
1,269.85
do
1,242. 4
do
do
..do
.do
do
568.05
508. 95
577. 55
473.50
209.2
Tractors used in construction, shipments, qtrly:
Tracklaying, total
units.. 19,533
mil. $.. 1,025.7
Wheel (contractors' off-highway)
units..
3.772
mil.$__
238.3
Tractor shovel loaders (integral units only), wheel
and tracklaying types
u n i t s . . 34,543
mil.$__
975.7
Tractors, wheel, farm, nonfarm (ex. garden and
construction types), ship., q t r l y . . .
units.. 207,036
mil. $.. 2,451.5
2,202.05 196.75 199.70
1,980.70 188.05 175.00
1, 650.80 125.25 130.50
1,469.85 110.95 118. 20
1,793.6 1,466.9 1,536.1
794.85
730. 70
629.95
560.35
384.1
54.0
18.5
17.
17.0
22.3
55.15
51.35
51.50
45.70
217.3
66.25
60.10
55.20
50.65
228.3
187.25 150.00
159.55 124.95
155.05 122.40
136.50 114.00
1,568.2 1,595.8
70.00
62.30
67.20
64.30
231.1
70.05
64.50
45.25
41.55
225.9
102.95
97.35
38.70
34.05
320.2
53.65
50.80
44.95
41.10
328.9
67.3
14.8
Co. 7
16.0
30.3
79.80
74.85
51.55
47.15
357.2
250.40 230. 55
222.45 205. 45
204.15 146.25
175.20 130. 95
1,793.6 1,877.9
63.45
59.05
58.90
48.90
361.7
68.30
62.25
55.90
50.70
384.1
83.80
76.35
63.00
55.55
394.9
234.40
210.00
151.60
140.35
1,960.7
• 258.90
• 230,80
•206.00
• 188.35
2,013.6
"302. 05
"274. 00
P178. 95
P158. 45
76.95
71.30
50.00
44. 30
421.9
65. 40
62. 60
66. 35
61. 40
420. 9
78.85
72.90
66.60
57.70
433.2
3,975
3,287
233. £
P2,136.7
•31, 782 3 1,886
-3110. 8 3 108.1
19,942
1,127.8
5,353
330.8
5,368
291.1
1,457
90.4
4,560
265.2
1,489
84.5
5,051
303.8
42,632
1,327.1
11,558
366.1
10,139
319.5
10,108
319.0
297,239
2,758.7
60,039
770.2
39,271
534.6
47,863 ••311,509 314,869
668.5 •3182. 3 3 315. 6
86.2
ELECTRICAL EQUIPMENT
Batteries (auto.-type replacement), ship
thous..
49,203
54,601
3,183
3,302
3,513
3,551
5,079
5,667
6,060
5,194
5,878
4,711
4,209
Radio sets, production, total market
thous..
Television sets (incl. combination models), production, total market..
thous..
44,102
52,926
2,935
3,391
2 3,684
4,404
5,853
'7,209
4,891
5,061 2 6,231
2,700
2,907
2
5,422
3,272
3,883
14,131
15,432
1,203
1,255
2 1,431
1,127
1,068
' 1,653
1,380
1,366
1,359
1,103
1,197
21,674
1,368
1,288
25,800
i 2,962
3,140
2,515
2,462
4,817
1,548
4, 492
3,173
9,285
30,951
3,270
3,356
2,941
3,009
5,707
1, 598
4,933
3,553
2,506
226
216
420
115
362
242
• 2,587
441
256
'230
'243
457
136
405
246
3,036
393
328
250
289
659
196
465
291
2,194
2,556
411
203
228
223
525
195
362
246
2,828
106
312
274
290
599
208
495
330
',732
91
276
271
285
566
143
468
376
2,647
102
339
272
278
461
97
414
344
2,529
153
321
272
280
435
77
385
329
2,153
184
258
221
250
350
76
340
273
2,195
233
230
234
216
360
100
348
263
2,422
270
266
273
230
388
114
410
287
3,343
569
345
291
305
569
150
513
375
3,100
703
307
280
293
480
118
416
296
3,205
639
330
277
307
536
153
446
1,554
1,824
3,112
1,508
1,746
4 3,070
121
142
299
100
152
286
117
161
103
119
^230
128
147
235
144
161
153
143
250
128
145
208
140
158
245
121
110
230
124
141
242
129
162
270
Household major appliances (electrical), factory
shipments (domestic and export) 9
thous..
Air condit ioners (room)
do
Dishwashers
do
Disposers (foodwaste).do
Ranges
...do
Refrigerators
do
Freezers
_
do
Washers
do
Dryers (incl, gas)
do
Vacuum cleaners (qtrly.)
do
2
GAS EQUIPMENT (RESIDENTIAL)
Furnaces, gravity and forced-air, shipments.thous..
Ranges, total, sales
do
Water heaters (storage), automatic, sales
do
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production t
thous. sh. tons
6,200
6,228
605
430
340
500
550
600
430
575
400
550
550
Exports
do
33
615
625
11
24
55
18
75
26
64
Price, wholesale, chestnut, f.o.b. car at mine
84
94
$per s h . t o n . . 46.428
46.579 46.550
46. 579 46. 579 46.579 46.579 46.579
46. 650 46. 650 46. 579
46.550
46. 579
Bituminous:
Production J
thous. sh. tons..
23,520
C88,575 '60,280
62,810 49, 425 57,560
67,420 •68,715 30,930 23,115
62,220
69,200
' Revised.
» Preliminary.
i Annual data; monthly
or quarterly revisions
not avail.
9 Includes data not shown separately.
2
3
4
Data coyer 5 weeks; other periods, 4 weeks.
For month shown.
Beginning July
JMonthly revisions back to 1973 are available upon request.
1977, data include shipments to mobile home and travel trailer manufacturers (formerly
OEffective 1976, data reflect additional reporting firms.
excluded); they are not directly comparable with those for earlier periods.
610
52
19
46.579
46. 579
38,765
59,530
June 1978
KEN'
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
BU SLNh
S-35
1977
Apr.
Annual
r
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
432.1
PETROLEUM, COAL, AND PRODUCTS—Continued
COAL—Continued
Bituminous—Continued X
Industrial consumption and retail deliveries,
total 9
thous. sh. tons.. 2 598,750 619, 616
2 447,021 474,818
Electric power utilities
do
144,817 137, 769
Mfg. and mining industries, total
do
84,324
77,380
Coke plants (oven and beehive)
do
46,290
33,850
11,859
6,806
49,120
36,992
11,702
6,991
51,690
39,992
11,331
6,788
56.141
44,797
10,963
6,679
54,758
43, 957
10,475
6,164
50,622
40,008
10,203
5,883
50,191
38, 220
11,440
6,335
50,245
38,107
11,462
6,033
6,900
7,020
580
425
365
380
325
410
530
675
Stocks, industrial and retail dealers' end of
period, total
thous. sh. tons.. 133,555
116,436
Electric power utilities
do_
16,879
Mfg. and mining industries, total
.do.
9,804
Oven-coke plants..
do.
152, 317
130, 951
21,146
12, 721
129,878
113,679
16,059
9,898
137,673
120,513
17,000
10,625
Retail deliveries to other consumers
do
Retail dealers
do.
Exports
Price, wholesale
...do.
Index, 1967=100..
53, 687 54,405 46,014 43,810
41,071 42,594 35, 737 33,923
11,691 10,916 9,386 9,237
6,016
4,155 3,988
5,399
925
895
891
650
145,914 137,463 136,832 144, 953 158.164 173,063 152,317 118,121 93,130 83,942
127,044 121,052 121,249 127,723 137,165 147,143 130,951 102,792 82,437 75,081
18,695 16,211 15,393 16, 990 20, 724 25,560 21,146 15,147 10,574 8,747
5,067 3,750
12,035
9,043 10,410 12,599 15, 500 12,721 8,130
9,816
240
220
140
160
175
200
190
240
275
360
220
182
119
114
59,406
367.5
53,687
388.6
5,639
379.1
5,673
386.1
6,019
389.7
5,158
392.2
4,279
393.7
5,037
394.4
4,871
397.0
4,489
399.4
3,910
401.6
199
403.5
109
404.6
16
406.7
940
426.6
M14
605
57,728 2 53,060
26,769
26,029
36
4,672
2,183
26
4,819
2,222
38
4,686
2,206
38
4,642
2,454
36
4.259
2,270
36
4,087
2,373
32
4,305
2,202
33
4,186
2,244
32
4,077
2,236
29
3,603
29
2,741
6,213
6,023
190
2,033
6,391
6,220
171
2,001
6,526
6,369
157
1,980
6,442
6,306
136
2,050
5,937
5,772
164
5,209
5,059
150
(3)
M59
142
42
56
COKE
Production:
Beehive
Oven (byproduct)
Petroleum coke §
Stocks, end of period:
Oven-coke plants, total
At furnace plants
At merchant plants
Petroleum coke
Exports
thous. sh. tons.
do...
do...
_
_
.do...
do...
.do.-.
do...
6,487
6,173
314
2,127
6,442
6,306
136
2,050
7,054
6,765
290
2,383
6,749
6,514
235
2,434
6,481
6,247
234
2,432
6,531
6,309
221
2,135
6,292
6,084
208
2,086
do.
1,315
1,241
108
95
160
126
136
17,059
253.6
5,081.4
89
18,886
274.2
5,468.4
90
1,405
271.0
438.5
89
1,382
271.0
462.8
89
1,720
271.8
458.0
91
1,304
270.8
471.2
91
1,400
273.1
466.0
90
1,924
276.1
457.5
91
1,562
278.6
465.9
89
1,785
282.9
449.6
89
6,253.6
6,785.8
554.0
566.0
557.3
580.9
573.0
558.5
570.7
549.3
571.3
2,976.2
601.0
2,985.4
608.8
242.4
51.5
248.3
52.0
241.2
50.1
249.2
51.4
255.5
51.1
252.5
49.1
263.7
52.0
255.4
50.4
261.1
52.5
1.946.7
729.7
2,408.8
783.0
204.2
56.0
212.4
53.4
210.6
55.5
218.3
62.0
200.1
66.3
193.8
63.1
198.5
56.5
190.0
53.5
191.3
66.4
-21.1
199.3
34.2
50.2
23.9
43.9
29.8
34.5
32.6
9.7
-34.5
540.8 r 560. 7
560.3
629.9
1.4
5.7
553.2
216.8
5.0
2.1
6.4
621.4
229.4
8.5
62
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
number..
Price, wholesale
Index, 1967=100..
Gross input to crude oil distillation units..mil. bbl..
Refinery operating ratio
% of capacityAll oils, supply, demand, and stocks:
New supply, total eft
mil. bbl..
Production:
Crude petroleum t
--do
Natural-gas plant liquids
.do
Imports:
Crude and unfinished oils t
do
Refined products X
do
Change in stocks, all oils (decrease,—)
do.
Demand, total X
Exports:
Crude petroleum
Refined products
Domestic product demand, total 91
Gasoline
Kerosene
Distillate fuel oil XResidual fuel oil X
Jet fuel
Lubricants X
Asphalt
Liquefied gases..
Stocks, end of period, total
Crude petroleum..
Unfinished oils, natural gasoline, etc
Refined products
Refmed petroleum products:
Gasoline (incl. aviation):
Production
Exports
Stocks, end of period
do...
6,472.3
6,811.2
533.8
534.7
548.2
551.9
565.4
do...
_do_._
2.9
78.7
.5
6.2
2.8
6.2
.3
6.5
1.6
6.2
1.1
6.0
2.7
6.1
527.1
221.5
3.5
525.8
219.2
3.2
541.5
229.3
2.9
544.0
232.3
4.1
558.3
231.4
3.6
532. 0
220.8
3.8
r2.f)
5.3
552.7
222.2
5.9
do.
do.
do.
6,390.8
2,567.2
61.9
18.3
70.4
6,722.6
2,633.2
63.4
-do..
do.
do.
1,146.7
1,025.1
361.4
1,223.3
1,116. 7
379. 7
88.3
85.7
30.6
86.1
84.3
30.8
83.3
88.6
29.7
78.9
87.0
32.3
81.7
94.4
34.5
81.5
87.8
31.5
94.2
83.9
31.5
102.6
84.6
31.1
130.3
104.3
33.7
do.
do_.
do.
do.
do.
do.
do.
55.7
146.8
514.0
58.3
156.0
519.6
4.7
9.9
36.8
5.3
14.9
36.2
5.3
19.8
37.1
4.9
18.2
35.1
5.5
20.8
36.6
4.8
18.3
36.6
5.0
17.3
43.8
4.7
11.4
47.6
4.3
7.0
54.4
1,111.8
285.5
118.6
707.7
1,311.2 1,121.0 1,171.2 1,195.1 1, 239. 0 1,268.9 1,303. 4 1, 336.0 1,345.7 1,311.2
343.2
350.2
328.6
318.6
334.2
347.6
333.6
335. 2
338.3
347. 6
122.4
120.2
122.5
116.2
120.9
121.8
124.6
122.0
117.7
121.8
870.5
720.2
875.4
686.2
848.3
841.8
736.9
781.8
812.8
841.8
do.
do..
do.
2,517.0
1.3
234.3
2,582.0
.7
260.7
210.2
(0
261.5
216.8
.1
265.3
215.8
(0
259.1
Prices (excl. aviation):
249.5
254.5
Wholesale, regular
Index, 2/73=100258.9
233.6
253.3
Retail (regular grade, excl. taxes), 55 cities
.510
.503
(mid-month)
$ per gal..517
.507
.474
Aviation gasoline:
1.3
1.1
1.4
Production
_
mil. bbl_.
14.2
13.3
0)
Exports
do
.1
0)
0)
2
2.8
2.6
2.7
Stocks, end of period
do
3.0
2.8
Kerosene:
3.7
3.8
4.2
Production...
do
55.7
62.0
14.1
Stocks, end of period
do
12.5
18.0
15.0
16.8
Price, wholesale (light distillate)
355.0
351.7
357.2
312.3
Index, 1967=100-..
358.1
r
l
2
Revised.
Less than 50 thousand barrels.
Reflects revisions not available by
months.
3 Oct. includes exports for Sept.
9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke.
1,875
288.1
463.5
1,184
288.8
1,486
289.7
1,499
293.4
1,369
294.3
295.5
226.4
0)
260.8
224.3
213.4
259.6
258.7
216.0
.1
258.0
214.9
.1
261.5
260.7
261.2
260.5
259.6
257.5
256. 3
255.8
255.1
252.8
252.0
253. 0
255.6
.517
.517
.515
.518
.513
.511
.512
.511
.510
.512
.517
1.4
1.5
1.0
1.2
1.0
1.6
0)
0)
0)
0)
0)
0)
0)
222.6
0)
0)
2.9
3.0
2.8
2.6
2.8
2.6
5.6
5.7
5.1
4.2
5.3
3.8
18.0
20.5
20.5
19.5
19.9
18.4
390.6
387.8
379.3
381.2 383.0 388.4
360.5
363.5
374.9
362.8
cf Includes small amounts of "other hydrocarbons and hydrogen refinery input, not
shown separately.
X Monthly revisions back to 1973 for bituminous coal and back to 1974
for petroleum and products are available upon request.
SURVEY OF CURRENT BUSINESS
S-36
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977 P
P
Annual
June 1978
1977
Apr.
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Continued
Refined petroleum products—Continued
Distillate fuel oil:
Production
mil. bbl 1,070.2
do
53.5
Imports^
do
.4
Exports
186.0
Stocks, end of period.
_
do...
Price, wholesale (middle distillate)
Index, 1967 =100.. 337.0
Residual fuel oil:
504.0
Production
mil . b b l
do
517.3
Imports};
4.2
do
Exports
1,197.1
90.4
.5
250.3
90.0
4.6
.1
148.3
162.2
383.8
384.0
387.0
72 3
452.9
639.0
492.5
2.5
89 7
520.3
50.6
33.7
.1
70.2
545.9
do
335.8
32.1
355.7
34.6
Stock*; end of Deriod
do
do
do
61.8
9.5
12.3
Asphalt:
Production
Stocks end of DGriod
do
do
Stocks end of Deriod
Price, wholesale..
do
Index, 1967=100..
Jet fuel:
Production
Stocks end of period
mil bbl
Lubricants:
Production
Exports
Liquefied gases (incl. ethane and ethylene)
"Production total
do
At pas Droppssincr Dlants CL P G )
do
An
At refineries fL E G )
Stocks (at plants and refineries).
do
178.9
99.0
5.9
0
204.9
229.8
386.8
388.7
388.8
51.8
35.5
.2
73.4
544.0
51.4
35.4
.1
71 9
524.5
53.6
39.4
.6
77 8
510.2
29.7
32.4
30.4
33.6
29.9
34.7
64.5
9.7
12.1
5.3
1.0
11.6
5.6
.9
11.4
139 7
19.4
154 1
18.7
11.0
26.7
561 9
437 4
124.6
116.3
571 8
443 0
128 9
135.9
47.4
37.3
10.1
£8.6
101.5
99.4
5.0
5.1
252.8
104.3
4.6
2
267.4
100.2
5.6
.1
270.6
103.0
7.0
1
250.3
388.9
389.1
392.2
394.2
396.6
398.5
394.7
393.2
393.3
50.6
44.7
.3
78 8
513.6
52.5
43.7
.1
87 5
512.7
54.2
37.7
.1
95 9
522.1
50.8
32.8
.2
95.2
511.3
57.0
41.8
.4
89 7
510.5
513.0
501.2
494.2
493.2
504.5
30 0
35.0
31 3
34.0
30 1
34.2
30.2
34.9
28.5
35.4
30 3
34.6
5.3
.9
10.6
5.3
.7
10.7
5.7
.8
10.4
5.4
.9
10.4
5.8
.7
11.1
5.6
.8
11.6
5.2
.8
12.1
13.7
25.8
16 4
22.5
17 1
21.6
17 4
18.4
15 8
15.9
15 4
14.1
12.7
15.4
10 3
18.7
49.8
37.4
12.3
109.9
46 S
35 9
10.9
119.3
48 7
36 9
11.8
130.9
47 7
36 6
11 2
140.6
46 1
35 4
10 6
146.7
49 2
38.2
11.0
147.6
48.6
38.1
10.5
143.7
49 8
39.1
10.7
135.9
37. i
96.9
95.9
3.1
4.0
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
thous. cords (128 cu. ft.).
Consumption
do__.
Stocks, end of period
do...
73,583
73, 209
6,445
68,292
75,035
74,694
6,244
6,436
6,046
6,480
6,568
6,127
6,530
6,489
6,194
6,091
6,054
6,141
6,485
6,396
6,302
5,899
6,524
6,454
6,537
6,454
5,674
6,171
5,961
5,745
5,545
6,187
5,534
6,406
5,421
6,129
6,251
5,210
Waste paper:
Consumption
Stocks, end of period
12,103
779
10,427
661
890
714
931
682
918
701
803
920
679
840
919
648
836
661
790
661
'953
'640
902
632
WOODPULP
Production:
Total, all grades
thous. sh. tons. < 48,804 < 46,858
1,454
Dissolving and special alpha
do
1,400
Sulfate
_
do... 3 33,615 3 34,823
2,059
Sulfite
do...
2,079
4,520
Groundwood
._
do
4,797
()
Defibrated or exploded, screenings, etc___do...
()
Soda and semichemical.
do... 3 3,627 3 4,002
3,999
127
2,986
172
376
4,148
139
3,086
190
386
4,083
124
3,053
186
382
3,791
98
2,839
164
362
4,026
135
3,001
167
387
3,668
110
2,738
153
358
4,054
93
3,067
169
386
3,884
109
2,938
158
377
3,489
108
2,592
155
354
3,944
131
2,983
172
342
3,645
135
2,701
168
329
348
339
327
337
308
316
312
Stocks, end of period:
Total, all mills
Pulp m i l l s . . .
Paper and board mills
Nonpaper mills
Exports, all grades, total..
Dissolving and special alpha
Allother
_
Imports, all grades, t o t a l . . .
Dissolving and special alpha
Allother
thous. sh. tons.
do
_
302
do.
do.
do.
do.
51,344
5 656
623
65
5 790
5 330
404
62
1,132
644
415
72
1,145
664
413
1,175
677
424
75
1,185
693
412
80
1,188
714
397
77
1,098
642
392
64
774
333
383
58
784
348
385
51
796
330
404
1,051
613
'379
59
1,066
619
394
52
do
do
do
i 2,518
730
» 1,787
i 2,640
796
i 1,844
246
84
162
270
80
191
206
57
150
213
58
155
212
63
150
266
83
183
170
56
114
161
50
110
240
72
167
185
61
124
185
62
123
233
83
150
do.
do.
do.
i 3,727
188
i 3,539
i 3,864
179
i 3,686
306
19
287
304
21
283
385
18
366
281
10
271
350
17
332
286
5
282
14
274
374
19
356
317
17
299
326
10
316
319
23
297
327
20
307
4,715
2,108
2,157
5,416
2,397
2,475
9
535
4,918
2,222
2,239
9
448
5,266
2,340
2,414
9
502
5,037
2,295
2,270
7
463
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, unadjusted...thous. sh. tons.. 60,024 '60,736 5,148 5,351 5,287
26,558 '27,280 2,281 2,357 2,340
Paper
_
do
27,933 '27,890 2,399 2,509 2,460
Paperboard
do
9
128
98
8
9
Wet-machine board
do
476
5,404 '5,468
459
478
Construction paper and board
do
Wholesale price indexes:
Book paper, A grade
1967=100..
174.5 179.0
176'4
190.4
Paperboard
do
138.7
157.0 148.8 151.3
Building paper and board.
do
» Preliminary.
1' Revised.
Reported annual total; revisions not allocated to the months. 2 Less than 50 thousand
barrels. * Beginning with January 1975, data for soda combined with those for sulphate;
not comparable with data for earlier periods.
()
6
443
4,625 '5,090
2,159 ' 2,350
2,057 ' 2,317
8
402
'416
4,939
2,251
2,241
8
439
s of individual firms. <» Withheld to avoia
{Monthly revisions back to 19/4 are availaoie
June 1978
UF (JUKI
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of B U S I N E S S STATISTICS
5LNE
1977
1977
Apr.
Annual
S-37
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS—Con.
Selected types of paper (API):
Groundwood paper, uncoated:
Orders, new
thous. sh. tons..
Orders, unfilled, end of period
do
Shipments
do
Coated paper:
Orders, new
do
Orders, unfilled, end of period
do
Shipments
do
Uncoated free sheet papers:
Orders, new
do
Shipments
..-.
do
Unbleached kraft packaging and industrial converting papers:
Orders, new..
.thous. sh. tons..
Orders, unfilled, end of period
do
Shipments
do
Tissue paper, production
do
1,300
151
1,278
1,316
140
1,289
113
142
107
112
151
108
120
167
103
112
168
111
121
178
115
107
180
105
112
145
115
94
134
110
120
140
102
121
'151
105
'144
'101
'118
'163
'116
104
142
105
3,956
337
3,981
4,308
386
4,261
360
388
343
346
387
350
365
383
365
319
383
317
396
400
383
358
408
357
369
360
373
342
349
372
384
386
354
'356
'348
'370
'335
'347
'351
'402
'360
'402
332
298
370
6,354
6,793
'6,859
' 7,162
591
603
557
597
571
604
518
550
565
621
542
580
576
622
554
595
595
585
577
'591
'591
'694
'683
667
654
3,839
4,186
3,815
4,285
307
360
330
371
331
374
292
342
323
373
322
340
332
366
305
349
291
337
326
368
307
340
'347
'375
335
365
Newsprint:
Canada:
Production..
Shipments from mills
Stocks at mills, end of period
_.do_
do.
.do
8,915
8,712
299
8,988
9,005
282
732
729
416
755
747
424
760
768
416
721
730
408
783
757
434
713
738
408
840
856
392
835
810
416
701
835
282
811
721
372
767
688
452
826
927
350
834
798
386
United States:
Production
Shipments from mills
Stocks at mills, end of period
do..
.do..
.do..
3,736
3,728
29
3,870
3,866
34
312
305
64
330
332
63
338
341
59
314
314
60
343
338
65
298
306
58
336
338
55
330
334
51
307
324
34
324
315
43
307
309
41
352
360
34
328
323
38
Consumption by publishersc?
do
Stocks at and in transit to publishers, end of
period..
thous. sh. tons..
6,534
6,772
563
599
556
524
539
561
628
620
597
548
521
600
620
921
796
873
831
835
832
851
827
800
763
796
774
784
818
818
Imports
do—
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
Index, 1967=100..
6,569
6,559
495
530
608
483
558
532
552
610
624
593
530
611
198.2
215.4
216.7
216.7
216.7
216.7
216.7
216.7
216.7
216.7
216.7
216.7
216.7
216.7
228.2
228.2
Paperboard (American Paper Institute):
Orders, new (weekly avg.)
thous. sh. tons..
Orders, unfilled!
do....
Production, total (weekly avg.)__
...do—
552
1,035
547
565
1,037
557
580
1,217
588
598
1,208
601
577
1,182
583
506
1,220
507
546
1,148
581
518
1,135
519
578
1,146
570
548
1,132
560
479
1,037
478
574
1,143
518
591
1,166
577
610
1,306
593
622
1,385
598
634
1,546
612
Paper products:
Shipping containers, corrugated and solid fiber
shipments...
mil. sq. ft. surf. area.
216,371
226,088
18,956
19,377
19,505
17,251
19,694
20,002
19,711
19,285
17,898
17,880
18,669
21, 555
19,970
2,592.0 2,639.0
1,979.0 2T105.0
210
166
224
178
225
180
187
151
232
187
224
182
237
192
215
172
235
188
205
165
211
172
'240
' 194
68.81 '61,305 62,526
137.65 '129,421 127,647
73.20
37.39
81.99
46.71
45.68
71.77
83.44
.438
.429
.430
.446
.455
.439
205. 55 195. 43
204.17 '192.94
424.50 424.04
210.92
203.35
426.83
16.94
18.86
22. 55
Folding paper boxes, shipments.-thous. sh. tons.
mil. $.
217
176
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. metric tons.. 730.73
Stocks, end of period
do
• 125. 33
Imports, incl. latex and guayule..thous. lg. tons.. 712.90
68.60
118.30
72.18
72.06
67.66
119.10 U23.91
49.98
71.16
57.43
126.72
72.86
.416
.406
.396
.391
.399
.448
thous. metric tons.. 2, 303.75 2,417. 53 204.80
do
2,175.26 2,464.09 200.42
do
458.12
426.83 412.85
211.45 201.84
220.14 206. 75
1409.35 U02.18
191.32
159.78
430.43
198.83
210.53
430.31
201.67
211.29
422. 33
24.72
14.86
9.86
15.97
Price, wholesale, smoked sheets (N.Y.)_.$ per lb_.
Synthetic rubber:
Production
Consumption
Stocks, end of period
Exports (Bu. of Census)
Reclaimed rubber:
Production
Consumption
Stocks, end of period
71.92
70.01
136.14 1 133.51
76.27
49.28
780.13
127. 65
792.41
.395
thous. lg. tons..
thous. metric tons..
do
do
21.48
22.06
.443
14.59
13.80
17.13
7.94
9.66
15.99
7.21
9.05
16.15
6.91
8.23
16.26
78.46
81.89
16.81
85.37
111.34
16.26
7.02
9.78
16.26
113.99
7.34
8.83
14. 78
6.24
8.04
15.51
thous.. 185,950
do
208,539
do
58,573
do
145,282
do.
4,684
231,638
20,087
19,512
20, 734
15,050
19,495
19,321
18,926
17, 716
17,425
226,583
65,998
155,195
5,390
20,530
5,766
14,313
451
19,790
5,828
13,501
461
22, 758
6, 511
15,742
504
17,177
4,474
12,298
404
18, 262
4,425
13,400
436
20,558
5,750
14,383
425
20,247
6,124
13,818
304
16,716
5,307
11,026
383
16,025
4,716
10,798
511
47,181
45,832
618
46, 231
504
44,887
525
43,460
514
45, 229
448
44,542
544
43,841
45,176
47,181
229
285
193
190
6.75
9.40
6.94
12.84
15.34
.450
TIRES AND TUBES
Pneumatic casings, automotive:
Production
Shipments, total
Original equipment
Replacement equipment
Exports
Stocks, end of period
Exports (Bu. of Census)
Inner tubes, automotive:
Production
Shipments
Stocks, end of period
Exports (Bu. of Census)
do
do....
34,768
4,784
do.
do.
do*
do
27,548
33,304
5,106
3,167
' Revised.
i Producers' stocks are included; comparable data for earlier periods will be
shown later.
2 Beginning Jan, 1977, data cover passenger car and truck and bus tiresmotorcycle tires and tires for mobile homes are excluded.
170
c^As reported by publishers accounting for about 75 percent of total newsprint consumption.
§ Monthly data are averages for the 4-week period ending on Saturday nearest the end ot tne
month; annual data are as of Dec. 31.
SUKVEY OF CUERENT BUSINESS
S-38
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1976
1977
1977
Apr.
Annual
June 1978
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
230.1
230.6
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments,finishedcement
tbous.bbl. i 387,410 1418,862
35,713
40,197
45,090
40,537
45,521
41,952
43, 207
34,548
26,133
15, 330
18,516
31,452
727.3
4.3
782.4
4.1
792.6
4.7
812.3
4.2
113.7
740.9
4.4
99.4
746.6
4.0
714.9
4.0
93.1
620.1
4.0
461.2
3.8
• 476. 9
107.2
700.0
4.7
109.3
716.0
9.6
70.9
113.6
127.8
5.6
5.3
5.3
6.4
6.3
4.8
5.6
5.8
22.7
27.9
26.9
25.4
22.9
207.8
209.2
212.2
215.7
215.7
CLAY CONSTRUCTION PRODUCTS
Shipments: t
Brick, unglazed (common and face)
mil. standard brick. 7,034.4 8,059. 3
Structural tile, except facing
thous. sh. tons.
71.0
47.9
Sewer pipe and fittings, vitrified
do
Facing tile (hollow), glazed and unglazed
1,097.8 1,143. 5
mil. brick equivalentFloor and wall tile and accessories, glazed and
64.8
62.4
unglazed
mil. sq. ft..
Price index, brick (common), f.o.b. plant or N.Y.
276.7
288.0
dock...
1967=100..
177.0
203.7
thous. $. 644,751
do
101,739
do
543,012
739,919
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments..
_
Sheet (window) glass, shipments
Plate and other flat glass, shipments.
Glass containers:
Production?
.-thous. gross.
302,500
303,452
do...
292,345
304,785
_-do.-do...
do...
do...
25,727
65,093
81,938
22,674
Wide-mouth containers:
Food (incl. packer's tumblers, jelly glasses,
and fruit jars) J O
thous. gross.
Narrow-neck and Wide-mouth containers:
Medicinal and toilet
do...
Chemical, household and industrial
do...
22.8
23.8
25.9
195.8
198.2
201.4
2.9
20.6
3.1
5.2
'21.5
28.5
226.3
229.7
28,852
224.0
25,842
26,508
21,640
25,982 ' 25,375
23,828
21,577
23,378
25,683
21,086
3,289
8,451
10,179
2,685
1,987
4,902
7,574
1,821
1,482
4,429
6,515
1,978
1,654
5,092
6,614
2,185
4,324
7,363
5,015
4,692
2,150
289
2,039
273
2,998
417
2,226
303
41,613
42,077
42,995
37,253
1,121
1,002
1,134
1,020
1,151
1,044
1,124
1,032
26,481
29,515
21,161
23,869
26,526
24,472
35,382
25,069
67,466
92,757
24,352
1,567
4,521
7,670
1,630
1,925
5,450
8,452
1,787
2,155
6,697
8,794
1,939
1,633
6,218
8,434
1,551
61,504
61,330
3,471
4,025
4,502
30,798
4,611
30,091
3,720
2,171
231
1,997
233
..do...
42,800
36,912
40,414
GYPSUM AND PRODUCTS
Production:
Crude gypsum (exc. byproduct)..thous. sh. tons,
Calcined
do...
111,980
i11,036
i 13,410
i 12,090
Stocks, end of period?
26.6
214.2
43.9
198,829
27,059
_
5.7
182,769
25,686
Shipments, domestic, totalt
Narrow-neck containers:
Food__
Beverage
_
Beer
_
Liquor and wine
97.2
7.7
'38.6
24,433
21,251
r
21,861
27,464
1,958
5,604
7,652
2,405
1,876 '1,914
3,705 ' 3,855
6,249
1,841
1, 852
2,237
5,336
8,823
4,9.09
5,299
4,937
5,78
2,214
267
2,660
264
2,469
296
2,074 ' 2, 265
404
'279
2,597
316
33,976
38,433
41,204
36,912
39,337
42,408
43, 236
1,186
1,072
1,187
1,048
1,272
1,121
1,110
1,010
1,110
1,051
1,027
956
1,222
1,071
593
417
493
295
302
370
27
35
• 4, 807
Imports, crude gypsum
do...
6,231
17,074
515
565
771
600
792
720
650
1,034
987
435
Sales of gypsum products:
Uncalcined
do...
5,030
i 5,759
459
502
572
528
585
566
567
452
do...
305
1326
27
27
26
24
25
30
33
29
do...
do_..
162
329
136
312
12
25
12
25
12
28
11
28
10
26
9
22
9
20
9
21
11
25
15,369
165
418
289
11,840
2,425
232
1,201
13
29
28
917
190
24
1,281
17
35
26
981
202
19
10
27
1,262
14
36
23
970
198
20
12
32
mil. sq. ft. 113,156
__do.-_
184
do.. _
362
do...
1272
do._- n o , 117
do._do__- i 2,029
191
13
29
1,380
15
40
31
1,055
219
20
1,421
17
41
24
1,102
217
20
1,333
10
39
25
1,032
206
22
1,366
11
39
24
1,058
211
23
1,298
15
36
20
1,002
204
20
1,467
12
38
18
1,138
243
18
1,254
11
35
21
967
204
17
1,194
14
32
16
921
196
16
1,399
14
40
22
1,071
232
20
2 953
2 387
2 558
1,062
345
712
1,728
742
985
791
318
466
1,014
347
662
1,801
750
1,051
802
320
474
985
339
641
1,848
729
1,120
2 964
2 378
2 577
986
340
640
2,004
858
1,146
800
313
478
931
312
(ill
2,029
811
1,218
2,366
7,502
11,722
13,633
512
505
Calcined:
Industrial plasters
_
Building plasters:
Regular basecoat
All other (incl. Keene's cement)
Board products, total
Lath
Veneer base
_
Gypsum sheathing.
Regular gypsum board
Type X gypsum board
Predecorated wallboard
TEXTILE PRODUCTS
FABRIC (GRAY)
Knit fabric production off knitting machines (own
use, for sale, on commission), qtrly*
mil. lb_ 790.9
Knitting machines active last working day*, .thous..
43.5
Woven fabric (gray goods), weaving mills:
Production, total 9
mil. linear yd.. 10,448 10,237
Cotton
_do
4,450
4,237
Manmade
fiber 1
___do
5,913
5,915
Stocks, total, end of period 9 d
do
1,203
986
Cotton
do
431
340
767
640
Manmade
fiber
do
1,797
2,004
Orders, unfilled, total, end of period 9 1f___do
789
858
Cotton
do
1,146
1,008
Manmade
fiber
_
do
COTTON
Cotton (excluding linters):
Production:
GinningsA--thous. running bales. _ MO, 348 314,018
Crop estimate
thous. net weight bales ©.. UO, 581 e 14, 496
6,393
Consumption
thous. running bales. _ 6,833
Stocks in the United States, total, end of period 9
12,890
thous. running bales.. 9,610
12,883
Domestic cotton, total
_..do
9,581
1,605
On farms and in transit
do
1,247
10, 208
Public storage and compresses
do
7,377
950
Consuming establishments
do
957
7
792
341
443
1,180
415
760
2,113
921
1,149
507
820 2 1,027
2 432
348
471
2 585
1,153 1,212
388
391
817
767
1,980 1,905
794
846
1,111
1,134
507
2
610
3,496
5,570 4,571
3,483
5,550 4,554
375
120
563
3,005
2, 204
3,815
1,174
1,093
1,172
r
Revised.
v Preliminary.
1 Annual total; revisions not allocated
to the months or
3
quarters.
2 Data cover 5 weeks; other months, 4 weeks.
Crop for the year
1977.
4
6
Crop for the year 1976.
s Beginning 1st Qtr 1977, data no longer available.
Jan. 1
estimate of 1977 crop.
? Beginning 1st Qtr 1977, data exclude garment lengths, trimming,
and collars; not comparable with earlier data.
©Bales of 480 lbs.
©Includes data for "dairy products."
New series.
Source: BuCensus.
Data cover warp and weft knit yard goods and knit
garment lengths, trimmings, and collars; no quarterly data prior to 1974 are available.
' 7418. 3
34. 8
454. 3
35. 6
7
613
251
356
1,205
380
819
1,839
765
1,074
785
315
462
1,118
365
748
1,722
69S
1,023
85
695
"395"
"492'
2 606
2
562
13,869 314,018
614,496
500
493
2 020
9, 525
8.395
2,920 16,139 14, 798 14, 680 13,951 12,890 11,935 10,830
9, 518
2,909 16,127 14, 787 14,671 13, 943 12,883 11,928 10,828
p 976
1,110
1,102
1,300
1, 005
7,608 3,874
75 13, 389 11,270
6,375
7,398
8,714
9,034
6,219 , 9,205 10,208
1, 773 2,638
1,787
1,037
1,010
934
952
950
864
844 I
879
965
1,047
{Monthly revisions back to 1975 for shipments of clay construction products and for Jan.Mar 1075 for plass containers will be shown later.
9 Includes data not shown separately.
c? Stocks (owned by weaving mills and billed and held for others) exclude bedsneeting,
toweling, and blanketing, and billed and held stocks of denims.
. , , , . .
A
tirm
1f Unfilled orders cover wool apparel (including polyester-wool) finished fabrics; production
and stocks exclude figures for such finished fabrics. Orders also exclude bedsheetmg, toweling,
and blanketing.
ACumulative ginnings to end of month indicated.
jr
SU-tiV
June 1978
Unless otherwise stated in footnotes below, data
thrnncrh 1974 and descriptive notes are as shown in
thel975 edition of BUSINESS STATISTICS
1976
<J Uit-ti UiJNX
LiNiiiS
1977
Annual
S-39
1977
Apr.
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
TEXTILE PRODUCTS—Continued
COTTON AND MANUFACTURES—Con.
Cotton (excluding linters)—Continued
Exports
.thous. running bales..
Imports
thous. net-weight0bales_.
Price (farm), American uplandU
cents per lb__
Price, Strict Low Middling, Grade 41, staple 34
(1M^*), average 10 markets
cents per lb_.
Spindle activity (cotton system spindles):
Active spindies, last working day, total
mil..
nnnoii-miner 100 Dercent cotton
do
Spindle hours operated, all fibers, total
bil__
Consiimine: 100 cercent cotton
do . .
Cotton cloth:
Cotton broadwoven goods over 12" in width:
Production (otrlv )
mil. lin. yd..
Orders, unfilled, end of period, as compared with
avg. weekly production
No. weeks' prod..
Inventories, end of period, as compared with
avg. weekly production
No. weeks' prod..
Ratio of stocks to unfilled orders (at cotton
mills) end of period
Exports, raw cotton equiv. thous. net-weight®bales
Imports raw cotton equivalent
do
MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly:
Noncellulosic, except textile glass:
Yarn and monofilaments
do
Fiber stocks, producers', end of period:
Noncellulosic fiber, except textile glass:
Manmade fiber and silk broadwoven fabrics:
Chiefly rayon and/or acetate fabrics
do
Spun yarn (100%) fab., exc. blanketing 9-do
Rayon and/or acetate fabrics, blends do
462
1
282
18
181
1
200
1
149
1
333
(10)
496
(10)
68.3
400
2
66.8
59.8
61.7
58.3
59.1
53.1
51.4
7 50.8
73.7
70.6
61.1
58.2
52.5
49.3
49.1
16.6
6.7
103.6
.398
43.4
17.0
7.1
8.2
.410
16.8
7.0
2
10.2
.406
2 4.2
16.8
7.0
6.7
.334
3.5
16.8
7.0
8.3
.417
3.5
2.8
16.5
6.8
8.1
.405
3.3
16.5
6.8
2
9.8
.392
2
4.1
3,431
96
64.7
4,448
51.8
70.9
16.8
7.5
105.6
.406
48.1
25
548
(10)
9
0
704
0
47.9
521
0
48.0
50.3
51.3
'5L7
*53.2
48.0
48.4
51.0
52.9
55.0
54.7
57.6
16.6
6.8
8.3
.415
16.6
6.8
8.2
.410
r 41(5
16.5
65
10.1
403
3.4
16.7
6.6
8.2
.412
3.3
'16.5
' 86. 36
3.5
16.5
6.7
9.3
.371
3.7
3.4
16.5
65
8.2
409
4.0
3.3
982
502
4,718
4,372
»13.2
3 11.7
12.7
11.6
11.0
14.4
10.6
11.3
11.1
11.0
13.5
13.0
12.3
14.4
»4.7
»4.7
4.9
4.7
4.7
6.1
4.6
4.3
4.4
4.6
4.6
4.4
4.5
4.8
.36
556.0
718.3
3.40
460.1
525.2
.38
47.2
41.2
.41
36.9
43.7
.40
36.5
44.2
.42
29.4
39.6
.44
31.0
42.7
.38
40.2
48.1
.40
24.8
35.5
.41
26.3
32.3
.34
46.3
53.1
.34
37
33
70.0
44.8
56.7
286.9
475.4
282.0
527.0
74.8
136.7
69.7
132.7
3,292.9 '•3,659.9
3,320.2 3,653.8
676.0
786.7
980.6
931.7
193.2
924.2
210.8
r 210. 8
18.1
30.0
16.7
49.8
14.0
41.8
< 299.8
289.0
79.4
350.3
299.7
67.9
6,092.4
1,984.4
378.2
356.8
5 3,500.4
184.8
2,713.2
320.5
6,220.4
2, 024. 0
371.4
362.8
5
3,568. 9
292.7
2,664.4
360.1
s
Manmade fiber gray goods, owned by weaving
mills:
3.42
•\30
Ratio, stocks to unfilled orders, end of period...
Prices, manufacturer to mfr., f.o.b. mill:*
50/50 polyester/carded cotton printcloth, gray,
.405
8.416
48", 3.90 yds./lb., 78x54-56....
.$peryd..
65% poly./35% comb. cot. broadcl., 3.0 oz/sp yd,
45", 128x72, gray-basis, wh. permpresfin.
.901
.725
$ per yd..
Manmade fiber knit fabric prices, f.o.b. mill:*
65% acetate/35% nylon tricot, gray, 32 gauge, 54",
.501
.412
3.2 oz./linear yd
$ per yd..
100% textured polyester DK jacquard, 11 oz./
«
1.7C8
linear yd., 60", yarn dyed, finished...$ per yd_. «1.846
Manmadefiber manufactures:
367. 08
Exports, manmade fiber equivalent
mil. lbs.. 352.17
201.92 206.34
139.17
131.35
160. 74
150.25
Manufactured prods., apparel, furnishings.do
531.13
479.32
Imports, manmade fiber equivalent
do
83.82
110.11
Yarn, tops, thread, cloth
_
do .
64.41
67.70
Cloth, woven
do
395 49 «• 421. 02
343.25 365. 24
Apparel, total
do
218. 68
209.80
WOOL AND MANUFACTURES
Wool consumption, mill (clean basis):
95.5
106 7
12.5
15.1
Carpet class
do
53.0
Wool imports, clean vield
do
58 0
18.8
18.9
Wool prices, raw, shorn, clean basis, delivered to
U.S. mills:cf
Domestic—Graded territory, 64's, staple 2VX"
1.83
and up
_$perlb_.
1.82
2.27
Australian, 64's, Type62, duty-paid
..do
6 2.18
Wool broadwoven goods, exc. felts:
101.7
Production (qtrly.)
mil. lin. yd_.
97.3
1,146
1,039
65 6
121 9
71 5
129 1
873 4
931 4
222 2
907 6
1 001 1
2^6 1
13.1
48.0
16 7
49.8
13 1
48 6
298.8
301.0
57.6
356.0
315.2
61.2
350.3
299.7
67 9
353 5
306 7
85 6
1,563.2
504.4
93.5
98.0
902.3
70.7
673.7
89.7
1,462.1
472.8
89 1
82.4
840 8
78 1
615 7
85.2
1 641 3
548 9
94 8
86 2
926 0
90 6
680 4
96 9
r
.40
.42
.45
.45
.46
.42
.36
.35
.34
.31
.31
.400
.399
.388
.396
.393
.405
.424
.441
.438
.451
.456
.475
.495
.515
.764
.765
.754
.750
.750
.741
.741
.727
.727
.729
.725
.729
.751
.763
.419
.420
.446
.450
.440
.438
.445
.435
.435
.443
.451
.456
.467
1.609
1.674
1.655
1.665
1.658
1.658
1.651
27.50
14.64
34.35
19 75
14.00
14.60
41.83
10.06
6.90
31.77
26.26
13.94
45.54
14.91
7.98
30 63
24. 80
12.33
46.68
11.95
5.90
34.73
29.50
17.10
46 33
13.29
7 27
33 05
27 48
55.78
1.846
32.02
18.07
11.68
13.95
36.29
7.50
4.95
28.80
24.22
14.47
31.77
18.34
11.22
13.43
43.86
8.72
5.18
35.14
30.83
19.73
7.9
7.7
1.695
1.662
1.668
1.642
1.642
31.55
17.59
11.19
13.96
59.03
9.98
5.81
49.06
43.31
27.52
29.36
15.82
9.42
13.54
54.82
10.36
5.74
44.46
39.96
24.76
27.08
13.92
9.36
13.16
55.44
13.05
7.87
42. 39
37.13
22.94
35.02
18.55
11.88
16.48
51.85
10.91
6.56
40.95
36.34
21.96
25.81
14.11
9.60
11.63
46.69
9.31
5.76
37.38
32.68
20.13
5.2
2
2
7.4
.6
4.0
2.6
2.5
1.9
7.4
1.1
4.7
1.5
1.82
2.28
1.82
2.26
1.82
2.27
1.82
2.24
.9
5.1
1.1
7.4
1.7
1.82
2.28
9.5
1.3
26.7
2
8.6
2 1.1
2.4
.6
1.82
2.27
7.7
.7
2.2
9.97
12.86
37.57
6.09
4.14
31.48
27.22
16.28
7 0
.8
1.8
2
2
79
1.0
1.0
3.7
2 2
.3
.8
2.0
1.82
2.27
1.82
2.30
1.82
2.26
23 3
Q
3.0
1.82
2.27
O
.8
3.2
1.9
1.79
2.30
1.72
2.31
25 5
FLOOR COVERINGS
Carpet, rugs, carpeting (woven, tufted, other), ship921.0
248.4
ments, quarterly
mil. sq. yds..
APPAREL
Women's, misses', juniors' apparel cuttings:*
1,078
1,285
1,744
17, 624
Coats
thous. units.. 20,689
170,744 166 385 16,570 14,317 14,533
Dresses
do
3,064
34,050
2,697
3,019
34, 575
Suits (incl. pant suits jumpsuits)
do
19,735
1,765
1,647
1,748
19, 540
Blouses
thous dozen
474
481
466
4,929
Skirts
-do....
5, 445
r
2
Revised.
P Preliminary.
1 Season average.
For 5 weeks, other months, 4 weeks.
3
4
Monthly average.
Effective
Sept. 1976 SURVEY, data omit production and stocks of
5
saran and ispandex yarn.
Effective 1976, production of blanketing is included6 in 100%
spun yarn fabric
(prior
to
1976,
in
"all
other group," not shown separately). 9 Avg. for
7
May-Dec.
Average for sales prior to Apr, 1, 1977.10 8 Avg. for Feb.-Dec.
Effective
Jan. 1,1978, includes reexports, formerly excluded.
Less than 500 balesr
11 Based on 480-lb. bales, p price reflects sales as of the 15th;
restated
price
reflects
total
quantity purchased and dollars paid for entire month (r price includes discounts and
premiums).
9 Includes data not shown separately.
© Net-weight (480-lb.) bales.
244 5
1,524
11,486
2,264
1,320
2,044
13,687
2,935
1,706
477
1,974
12 827
2,803
1,632
1,105
983
1,567
1,037
12 553 10 531 12 152 12 680
1,951
2,523
2,607
2,307
1 704 1 473 1 719 1 882
373
427
425
482
435
'443
cf Effective Jan. 1976, specifications for the price formerly designated fine good French
combing and staple have been changed as shown above. Effective with the May 1976 bURVEY
the foreign wool price is quoted including duty.
~
*New series. Apparel (BuCensus)—Annual totals derived from firms accounting for 99/0
of total output of these items; current monthly estimates, from smaller sample. Monthly data
for 1975, adjusted to annual totals, are available. Coats exclude all fur, leather, and raincoats.
Suits omit garments purchased separately as coordinates. Except for the year 1974, earlier
monthly data
are available, except for suits. Prices (USDL, BLS)—Data not available prior
a
to 1976.
Avg. for Jan.-Apr.; June-Dec.
1,908
12 810
2, 9G4
1, 676
4G1
SURVEY OF CURRENT BUSINESS
S-40
1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS
1977
1977
Apr.
Annual
June 1978
May
June
July
Aug.
1978
Sept.
Oct.
Nov.
Dec.
1,384
1,167
9,206
1,260
2,662
22,284
1,193
1,099
7,408
1,301
2,332
18,336
Jan.
Feb.
Mar.
Apr.
1,478
1,344
10,540
1,266
2,784
21,359
21,183
May
TEXTILE PRODUCTS—Continued
APPAREL-Con.
Men's apparel cuttings:
SuitsJ
thous. units..
Coats (separate), dress and sportf
do
Trousers (separate), dress and sportJ
do
Slacks (jean cut), casual }.
..thous. doz_.
Shirts, dress, sport, inc. knit outerwear t---do
Hosiery, shipments
thous. doz. pairs..
° 16,224 »16,065
12,874 »13,652
132,163 125,827
15,537
11,732
36,797 32,523
240,918 248,144
a
1,462
1,046
11,806
1,316
2,550
18,505
1,355
1,038
11,986
1,367
2,816
18,737
1,329
1,087
11,734
1,429
2,959
21,618
833
8,633
1,163
2,129
19,820
1,398
1,151
10,085
1,269
2,672
24,084
1,536
1,329
10,482
1,480
2,711
23,283
1,494
1,285
10,108
1,398
2,676
24,594
1,335 r 1,261
1,031
r960
8,499 r 9,472
1,190 1,283
T
2,357
18,384 , 2,298
19,418
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders, new (net), qtrly, total.
'.
mil. $_.
U.S. Government
do
Prime contract.
_
do
Sales (net), receipts, or billings, qtrly, total do
U.S. Government
do
35,991
21,056
32,390
30,363
19,083
37,802
27,706
34,746
32,934
20, 243
9,782
5,329
9,081
8,479
5,120
39,682
Backlog of orders, end of period 9
do
22,121
U.S. Government
do
17,321
Aircraft (complete) and parts
do
Engines
(aircraft)
do
g
( c t ) and
nd parts
prts
3,558
M i i l space vehicle
hil systems,
t
i
Missiles,
engines,
propulsion units, and parts
mil. $..
6,286
Other related operations (conversions, modifications), products, services
mil. $_.
44,287
25,355
19,360
Aircraft (complete):
Shipments
do
Airframe weight
thous. lb_.
Exports, commercial
mil. $..
MOTOR VEHICLES (NEW)
Passenger cars:
Factory sales (from U.S. plants), total
thous..
Domestic
do
Retail sales, total, not seasonally adj
do
Domestics A_ _
do
ImportsA
I.Idol"!
Total, seas, adjusted at annual rate f
.mil..
DomesticsA t
do
ImportsA t
do...
Retail inventories, end of mo., domestics: A
Not seasonally adjusted
thous.
Seasonally adjustedt-_
do
Inventory-retail sales ratio, domestics A f.
I
Exports (BuCensus), assembled cars
thous.
To Canada..
...do...
Imports (BuCensus), complete units.
do...
From Canada, total
do
Registrations©, total new vehicles
do...
Imports, incl. domestically sponsored
do...
Trucks and buses:
Factory sales (from U.S. plants), total
thous..
Domestic-_.
do
Retail sales, seasonally adjusted:*
Light-duty, up to 14,000 lbs. GVW
do
Medium-duty, 14,001-26,000lbs. GVW_..do...
Heavy-duty, 26,001 lbs. and over GVW..do
Retail inventories, end of period, seasonally adjusted*
._.
thous.
Exports (BuCensus), assembled units
do...
Imports (BuCensus), including separate chassis
and bodies
_
thous.
Registrations©, new vehicles, excluding buses not
produced on truck chassis
.thous.
Truck trailers and chassis, complete (excludes detachables), shipments....
number.
Vans
do
Trailer bodies (detachable), sold separately._.do...
Trailer chassis (detachable), sold separately..do...
5,170
5,981
5,542
6,395
4,646.8
50,314
13,207
4,530.6
47,429
2,605
374.7
4,007
268
7,838
10,110
8,611
1,498
9,199
8,511
11,185
9,109
2,075
816
742
1,029
822
207
11.8
9.4
2.5
1,465
1,512
2.1
1,731
1,794
2.3
697.20
591.51
2,791.3
849.2
* 9, 752 «10,752
< 1,447 < 1,968
680.46
573.47
2,536.7
825.6
893
4,037
7,242
r 8,035
4,966
13,573
8,271
12,731
8,832
5,207
39,548
23,080
17,727
3,615
39,546
22,291
17,820
T 3,862
44,287
25,355
19,360
5,170
5,041
5,112
5,981
5,981
6,004
6,395
490.0
4,817
287
r
335.7
3,578
177
403.7
3,813
171
564.1
4,743
434
366.5
3,872
180
525.3
4,481
284
505
474
931
727
204
11.5
9.4
2.1
739
671
829
657
172
10.5
8.6
1.9
874
813
1,014
870
144
11.0
9.1
1.8
767
718
881
738
144
10.5
8.4
2.1
686
635
795
646
149
11.5
9.3
2.2
657
616
687
545
142
9.8
8.0
1.9
675
623
777
628
149
10.5
8.5
1.9
909
841
1,078
883
195
11.8
9.8
2.1
2 870
2 922
645
913
731
182
10.9
8.7
2.2
1,043
863
180
12.5
10.3
2.2
1,159
963
1,763
1,751
2.4
1,563
1,668
2.1
1,669
1,718
2.4
1,629
1,683
2.2
1,709
1,718
2.4
1,731
1,794
2.3
1,887
1,816
2.7
1,952
1,839
2.6
1,991
1,863
2.3
2,008
1,897
2.2
38.70
27.85
88.62 67.56
65.18
32.35
23.39
79.98 60.08
54.55
231. 6
210.4
240.5 265.8
246.2
93.8
35.2
63.3
80.8
91.5
«917 5 1,007 5 1,042 3 1,005 5 1.019
5 199
3 174
5201
5 203
5 176
58.61
49.42
200.0
54.7
3 912
2 199
70.95
58.61
225.3
61.0
3 859
3 138
51.61
41.93
242.6
71.3
5 782
5 123
46.84 6 47.09 fl 53. 72« 62.84
37.00 6 38.30 6 41.81 6 49.56
257.0 6 113. 6 6 253.6 6 299.1
6 52.9 6 61.1 6 78.9
61.8
5 861
5 761
3 698
5 940
5 162
5 151
3 126
5 170
278
257
256
235
240
223
247
,341
311
280.6
14.0
14.5
297.5
14.6
14.4
257.3
13.2
14.2
276.6
13.3
14.7
308.4
16.3
18.3
721.9
717.4
613.60
713.4
715.1
6 21.7
1,697
1,583
2.0
868
794
951
885
1,054
1,117
834
220
920
198
11.5
11.7
8.9
2.5
9.6
2.1
1,747
1,602
1,806
1,627
2.0
2.2
3,440
3,178
266
290
269
316
291
265
245
274
257
305
280
2,759. 6 3,159.7
161.4
171.8
119.4
169.1
256.7
14.6
14.1
245.5
14.3
14.7
251.9
14.7
14.7
222.0
13.5
14.3
257.0
13.2
14.3
255.6
13.5
14.2
319
298
284.7
13.7
14.7
2,979
2,734
294.5 • 366. 0 272.2
4,281
2,624
3,600
6 80
6 172
«203
325.6
3,212
165
458.3
5,578
219
546.4
199.63
721.9
202.55
565.3
15.46
585.6
18.63
590.1
19.55
630.0
19.10
676.5
15.48
689.4
14.95
719.5
15.68
735.6
16.52
812.83
52.53
58.75
62.20
78.27
67.02
5 313
<307
*283
5 271
15,184
9,598
653
1,761
15,296
9,728
605
2,222
15,164
9,637
576
2,087
14, 720
9,358
603
2,212
822.43
75.56
68.94
64.49
« 3,058
* 3,465
»290
5 305
5 318
105,401
61,726
7,316
5,678
160,560
99,992
7,193
20,662
12,788
8,256
450
1,606
13,547
8,205
753
1,744
14,856
8,560
679
1,519
12,785
7,343
564
1,035
14.88
81.31
5 332
13,116
8,269
519
2,115
P196
P12.1
9.8
1,970
1,805
2.2
3 162
2 322
2 337
6 18.6
6103.1
686.15
6 84.7
5 301
<251
3 315
5 282
12,590 r14,052
7,817 r 8,637
483
••408
2,429
2,265
18,018
11, 966
502
3,402
RAILROAD EQUIPMENT
Freight cars (new), for domestic use; all railroads
and private car lines (excludes rebuilt cars and
cars for export):
Shipments.
_
number. 52,548 150,927 3,604 4,982 4,899 3,432 4.370 5,232 3,896 4,009 4,652 3,7f>2 3,795 4,874 4,702
4,351
4,489
4,314 3,522 3,483
3,452 3,477
Equipment manufacturers
.do.
3,146
4,459
3,887 4,699
i 45,618 i 45,872
4,582
3,327
4,346 10, 258
6,344 6,352
4,053 10,550
5,673
New orders
_
do...
6,073 4,412
5,376
6,334 7,461
36,148 i'66,750
3,956
10,008
4,346
6,352
6,144
7,032
3,173
4,053
Equipment manufacturers.
do
6,073 4,412
4,976
30,546 i 57,402
6,234 7,286
3,956
Unfilled orders, end of period. _
do.I.. 23,415 36,410 r 22,803 24,082 26,663 29,411 29, 216 29,343 30,973 30, 757 36,410 38,195 40,602 45,387 50,943
Equipment manufacturers
..do... 18, 733 29,490 19,120 20, 922 23,545 26,579 26, 867 27,127 26, 701 27,017 29,490 31,315 34,034 39, 204 44,861
Freight cars (revenue), class 1 railroads (AAR):§
1,247
1,253
1,263
1,290
1,267
1,294
Number owned, end of period...
thous.
1,302
1,299
1,305
1,332
1,312
1,267
1,310
1,319
9.5
9.3
9.1
8.9
8.8
8.7
8.7
, Held for repairs, % of total owned
8.6
8.7
8.9
8.6
8.8
8.9
8.9
94.47
94.84
95.44
95.64
97.12
97.19
97.46
Capacity (carrying), total, end of mo__mil. tons.
97.67
97.56
97.96
95.64
97.71
97.91
98.22
75.74
75.66
75.58
75.50
75.13
75.29
75.05
Average per car
tons
74.75
74.85
74.94
75.50
73.37
74.62
74.46
r
Revised.
v Preliminary.
i Annual total includes revisions not distributed by
months. 2 Estimate of production, not factory sales. 3 Excludes 2 States. 4 Excludes
1 State.
s Excludes 3 States. « Beginning 1978, data may not be strictly comparable with
those for earlier years because of the revised export schedule.
{Annual figures, "Apparel 1975," MA-23A(75)-1. Survey expanded and classification
cnanged; not comparable with data prior to 1974.
9 Total includes backlog for nonrelated products and services and basic research.
Tbeas. adj. data (1971-74) in the Mar. 1976 SURVEY, p. 5, do not reflect end-digit revisions to
sports and total sales introduced in the Feb. 1977 SURVEY.
ADomestics include U.S.-type cars produced in the United States and Canada; imports
cover foreign-type cars and captive imports, and exclude domestics produced in Canada.
©Courtesy of R. L. Polk & Co.; republication prohibited.
^Excludes railroad-owned private refrigerator cars and private line cars.
*New series. Source: Motor Vehicle Manufacturers Assn. of the U.S. (seas, adjustment
by BEA). Reporting firms do not represent the entire industry. Motor coaches are not
covered. Sales include imports of U.S. manufacturers only (all other imports are not covered).
Units refer to complete vehicles and to chassis sold separately. Gross vehicle weight refers
to the weight of the
vehicle with full load. Seasonally adjusted monthly data back to 1971
are available. aExcludes leisure-type; not strictly comparable with 1974.
INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate
Domestic trade
1-7
8,9
10,11
11-13
Labor force, employment, and earnings
Finance
Foreign trade of the United States
Transportation and communication
13-17
17-22
22-24
24,25
Industry:
Chemicals and allied products
Electric power and gas.
Foot! and kindred products; tobacco
Leather and products
25, 26
26
27-30
30
Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
31
31-34
34-36
36,37
Rubber and rubber products
Stone, clay, and glass products
Textile products.
Transportation equipment
37
38
38-40
40
INDIVIDUAL SERIES
Advertising
11,16
Aerospace vehicles
40
Agricultural loans
17
Air carrier operations
24
Air conditioners (room)
34
Aircraft and parts
7,40
Alcohol, denatured and ethyl
26
Alcoholic beverages
11,27
Aluminum
33
Apparel
1,4,8,9,11-16,40
Asphalt
35,36
Automobiles, etc
1,4-6,8,9,11,12,20,23,24,40
Banking
Barley
Battery shipments
Beef and veal
Beverages
Blast furnaces, steel mills
Bonds, issued, prices, sales, yields
Brass and bronze
Brick
Building and construction materials
Building costs
Building permits
Business incorporations (new), failures
Business sales and inventories
Butter
17,18
27
34
28
9,11,22 23,27
5-7
20, 21
33
38
4, 6,
7,11 31,38
10,11
10
7
5
27
Cattle and calves
28
Cement and concrete products
9,11,38
Cereal and bakery products
9
Chain-store sales, firms with 11 or more stores. ..
13
Cheese
27
Chemicals
4,6,9,14-16,20,23,25, 26
Cigarettes and cigars
30
Clay products
9,38
Coal
4,9,23,34,35
Cocoa
23,29
Coffee
23,29
Coke.
35
Combustion, atmosphere, heating equipment
.
34
Communication
2,20,25
Confectionery, sales
29
Construction:
Contracts
10
Costs
10,11
Employment, unemployment, hours, earnings.. 13-16
Fixed investment, structures
1
Highways and roads
10,11
Housing starts
10
Materials output indexes
11
New construction put in place
10
Consumer credit
18
Consumer expenditures
1
Consumer goods output, index
4
Consumer Price Index
8
Copper
33
Corn
27
Cost of living (see Consumer Price Index)
8
Cotton, raw and manufactures
8,9,22,38,39
Cottonseed oil
30
Credit, short- and intermediate-term
18
Crops
3,8,27,28,30,38
Crude oil..
4,35
Currency in circulation
20
Dairy products
Debits, bank
Debt, U.S. Government
Deflators, GNP
Department stores, sales, inventories
Deposits, bank
Dishwashers
Disputes, industrial
Distilled spirits
Dividend payments, rates, and yields
Drugstores, sales
3a
3,8,9,27
17
19
2
12,13
17,20
34
16
27
2, 3,20,21
12,13
Earnings, weekly and hourly
15,16
Eating and drinking places
12,13
Eggs and poultry
3,8,9,29
Electric power
4,9,26
Electrical machinery and equipment
5-7,
9,14,15,20,23,24,34
Employee-hours, aggregate, and indexes
15
Employment
13,14
Expenditures, U.S. Government
19
Explosives
26
Exports (see also individual commodities)
1,3,22-24
Failures, industrial and commercial
7
Farm income, marketings, and prices.
2,3,8,9
Farm wages
16
Fats and oils
9,23,29,30
Federal Government
finance
19
Federal Reserve banks, condition of
17
Federal Reserve member banks
17
Fertilizers
9,25
Fire losses
11
Fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products
1,4,6,8,9,14-16,20,22,23,27-30
Foreclosures, real estate
11
Foreign trade (see also individual commod.)
22-24
Freight cars (equipment)
40
Fruits and vegetables
8,9
Fuel oU
35,36
Fuels
4,8,9,23,34-36
Furnaces
34
Furniture
5,9,12-15
Gas, output, prices, sales, revenues
Gasoline
Glass and products
Glycerin
Gold
Grains and products
Grocery stores
Gross national product
Gross national product, price deflators
Gross private domestic investment
Gypsum and products
4,9,26
1,35
38
26
19
8,9,22,27,28
. 12,13
1
2
1
9,38
12
Hardware stores
Heating equipment
9,34
Hides and skins
9,30
Highways and roads
10,11
Hogs
28
Home electronic equipment
9
Home Loan banks, outstanding advances
11
Home mortgages
11
Hosiery
40
Hotels and motor-hotels
25
Hours, average weekly
15
Housefurnishings
1,4, 5,8, 11,12
Household appliances, radios, and television sets.
4,
8,9, , 12, 34
Housing starts and permits
10
Imports (see also individual commodities)... 1,3,23,24
Income, personal
2, 3
Income and employment tax receipts
19
Industrial production indexes:
By industry
4,5
By market grouping
4
Installment credit
13,18
Instruments and related products
5,6,14,15
Insurance, life
19
Interest and money rates
18
International transactions of the United States . . .
3
Inventories, manufacturers* and trade
5-7,11,12
Inventory-sales ratios
5
Iron and steel
5,9,11, 20, 23,31,32
Labor advertising index, stoppages, turnover
16
Labor force
13
Lamb and mutton
28
Lead
33
Leather and products
4,9,14-16,30
Life insurance
19
Livestock
3,8,9, 28
Loans, real estate, agricultural, bank (see also
Consumer credit)
11,17,18
Lubricants
35,36
Lumber and products
5,9,11,12,14,15, 20,31
Machine tools
34
Machinery
5-7,9,14,15,20,23,24,34
Mail order houses, sales
12
Manmade fibers and manufactures
9,39
Manufacturers* sales (or shipments), inventories,
orders
5-7
Manufacturing employment, unemployment, production workers, hours, earnings
14-16
Manufacturing production indexes
4, 5
Margarine
29
Meat animals and meats
3,8,9,22,23,28,29
Medical and personal care
8
Metals
4-7,9,14,15,20,22,23,31-33
Milk
27
Mining and minerals
2, 4,9,14-16,20
Monetary statistics
19, 20
Money supply
20
Mortgage applications, loans, rates
11,17-19
Motor carriers
24
Motor vehicles
1,4-6,8,9,11,20,23,40
National defense expenditures
1,19
National income and product
1,2
National parks, visits
25
Newsprint
23,37
New York Stock Exchange, selected data
21,22
Nonferrous metals
5-7,9,20,23,33
Noninstallment credit
18
Oats
Oils and fats
Orders, new and unfilled, manufacturers*
Ordnance
27
9,23,29,30
7
14,15
Paint and paint materials
Paper and products and pulp
9,26
4,6,
9,14-16,20,23,36,37
Parity ratio
8
Passenger cars
1,4-6,8,9,11,12,20,23,24,40
Passports issued
25
Personal consumption expenditures
1
Personal income
2, 3
Personal outlays
2
Petroleum and products
4, 6,
8,9,14,15,20,23,35,36
Pig iron
31, 32
Plant and equipment expenditures
2
Plastics and resin materials
26
Population
13
Pork
28,29
Poultry and eggs
3,8,9,29
Price deflators, implicit, GNP
2
Prices (see also individual commodities)
8,9
Printing and publishing
4,14-16
Private sector employment, hours, earnings
13-16
Profits, corporate
2,20
Public utilities
2,4,10,20,21,26
Pulp and pulpwood
36
Purchasing power of the dollar
9
Radio and television
4,11,34
Railroads
2,16,17,21,24,25,40
Ranges
34
Rayon and acetate
39
Real estate
11,17,19
Receipts, U.S. Government
19
Recreation
8
Refrigerators.
34
Registrations (new vehicles)
40
Rent (housing)
8
Retail trade
5,7,12-16,18
Rice
28
Rubber and products (ind. plastics)
4,6,
9,14-16,23,37
Saving, personal
2
Savings deposits
17
Securities issued
20
Security markets
20-22
Services
1,8,14-16
Sheep and lambs
28
Shoes and other footwear
9,12,30
Silver
19
Soybean cake and meal and oil
30
Spindle activity, cotton
39
Steel (raw) and steel manufactures
23,31,32
Steel scrap
31
Stock market customer
financing
20
Stock prices, earnings, sales, etc
21,22
Stone, clay, glass products
5, 6,9,14,15,20,38
Sugar
23,29
Sulfur
25
Sulfuric acid
25
Superphosphate
25
Tea imports
29
Telephone and telegraph carriers
25
Television and radio
4,11,34
Textiles and products
4,6,9,14-16,20,23,38-40
Tin
33
Tires and inner tubes.
9,12,13, 37
Tobacco and manufactures
4,6,8,14,15,30
Tractors
34
Trade (retail and wholesale)
5,11,12,14-16
Transit lines, urban
24
Transportation
1,2,8,14-16,20-22,24, 25
Transportation equipment
5-7,14,15,20,40
TraveK
...
24,25
Truck trailers
40
Trucks (industrial and other)
34,40
Unemployment and insurance
13,17
U.S. Government bonds
17-21
U.S. Government
finance
19
U.S. International transactions
3
Utilities
2,4,8,10,21,22,26
Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Veterans' unemployment insurance
Wages and salaries
Washers and dryers
Water heaters
Wheat and wheat
Wholesale Price Indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc.
flour
34
12,13
23,29,30
8,9
1«
2,3,15, 16
34
34
28
•.
8,9
5,7,11,14-16
36
"»39
33
UNITED
STATES
GOVERNMENT PRINTING OFFIC
P!.. B L ! C D O C i : M I. N T S D L". PAHTMf.N V
WASHINGTON,
D.C. 2O4O2
@FedFRASER