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MAY 1967 / VOLUME 47 NUMBER

SURVEY OF CURRENT BUSINESS

CONTENTS
U.S. Department of Commerce

THE BUSINESS SITUATION
Summary

1

National Income and Product Tables

4>

The Copper Situation

7

William H. Shaw / Assistant Secretary
for Economic Affairs
Office of Business Economics

Plant and Equipment Expenditures by Foreign
Affiliates of U.S. Firms—
Revised Estimates for 1966 and 1967

9

Corporate Output, Prices, Costs, and Profits

13

Financial Tables

16

George Jaszi / Director
Morris R. Goldman Louis J. Paradiso
Associate Directors
Murray F. Foss / Editor
Leo V. Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics

STAFF CONTRIBUTORS TO THIS ISSUE

ARTICLE
Personal Income in Metropolitan Areas:
A New Series

Alexander B. Trowbridge / Acting
Secretary

18

CURRENT BUSINESS STATISTICS
General

S1-S24

Industry

S24-S40

Subject Index (Inside Back Cover)

Business Review and Features:
David R. Hull, Jr.
Leo Bernstein
Francis L. Hirt
Smith W. Allnutt, III
John A. Gorman
Article:
Robert E. Graham, Jr.
Edwin J. Coleman

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Make checks payable to the Superintendent^ of Documents and send to U.S. Government Printing Office,
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Commerce Field Office.

U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
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445 Federal Bldg. Ph. 226-6088.
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412 U.S. Post Office Bldg.
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Empire State Bldg. LO 3-3377.
Philadelphia, Pa. 19107
1015 Chestnut St. Ph. 597-2850.
Phoenix, Ariz. 85025
230 N. First Ave. Ph. 261-3285.
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1000 Liberty Ave. Ph. 644-2850.

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217 Old U.S. Courthouse Bldg.
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300 Booth St. Ph. 784-5203.
Richmond, Va. 23240
2105 Federal Bldg. Ph. 619-3611.
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2511 Federal Bldg. MA 2-4243.
Salt Lake City, Utah 84111
125 South State St. Ph. 524-5116.
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450 Golden Gate Ave.
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Bldg. Ph. 232-4321.
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809 Federal Office Bldg.
Ph. 583-5615.

the BUSINESS SITUATION
J.HE pace of business activity in April
was little changed from the average rate
of the first quarter, according to the
preliminary broad economic measures
now available. On an overall basis,
economic activity still appears to be
heavily influenced by the attempt of
business firms to adjust their relatively
high inventories. During the first 3
months of the year, accumulation was
sharply curtailed by manufacturers
while liquidation occurred at retail.
However, strongly rising demands from
government as well as some improvement in demand for autos and housing
have been important counterweights
to reductions in inventory investment.
Personal income in April showed its
smallest advance in over a year as a
reduction in manufactu ing wage and
salary payments—partly resulting from
another cutback in manufacturing employment—about offset payroll gains in
other private industries. Despite a
marked rise in auto output, the index of
industrial production edged down in
April. After increasing from February
to March, seasonally adjusted retail
sales showed little change in April,
according to the advance report; it
must be kept in mind that the advance
report is subject to revision when more
comprehensive data become available.

billion or % of 1 percent over the fourth
quarter of 1966. After adjustment for
price change, GNP declined fractionally.
The revised estimates are slightly lower
than last month's preliminary figures.
The estimate of personal consumption
expenditures was revised downward
from last month's preliminary figure
because of the incorporation of later
data on retail sales for February and
March. This was largely counteracted

CHART 1

CORPORATE PROFITS below last year's pace
in the first quarter

Corporate profits off

Billion $

Revised first quarter GNP
20 —

The latest estimates confirm the slowdown in the Nation's output of goods
and services in the opening quarter of
1967. GNP reached a seasonally adjusted annual rate of $763% billion in
the first quarter, an increase of $4%




by higher estimates of Federal defense
purchases and net exports.
The relatively small gain in current
dollar GNP in the first quarter came
about as inventory investment fell $10%
billion (seasonally adjusted at an annual
rate) and offset most of a sharp $15%
billion rise in final sales. Government
purchases continued to be the most
buoyant factor in the economy, with a
gain of $8 billion, consisting of increases
of $5% billion in Federal purchases and
$2% billion in State and local. Consumer
spending rose $5% billion, despite a $2
billion decline in auto buying. Net
exports increased $1% billion following
a series of small declines since mid-1965.
Both residential and nonresidential
fixed investment were unchanged.

1964

66

67

1 2 3 4
1966

1
1967

Quarterly, Seasonally
Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics

67-5-1

Reflecting the sluggish performance
of the economy in the first quarter,
corporate profits before taxes (as measured in the national income and product accounts) declined $5 billion from
the fourth quarter to a seasonally adjusted annual rate of $76X billion,
according to preliminary estimates.
The first quarter drop in profits was
widely spread industrially. The bulk of
it, over $4 billion, occurred in manufacturing and was concentrated in
durable goods industries. Manufacturers of motor vehicles and parts had
a reduction in profits of almost $2
billion at an annual rate. Profits in
retail trade and transportation were
also down substantially; earnings in
most other industries were off by small
amounts.
1

SURVEY OF CURRENT BUSINESS
First quarter book profits (which
include gains or losses due to the
difference between the replacement cost
of goods taken out of inventory and
their recorded acquisition cost) declined $4% billion to an annual rate of
$77% billion. In line with before-tax
profits, corporate profits tax liabilities
were off $1% billion at annual rates, after
an allowance for the anticipated restoration of the investment tax credit.
Corporations increased their dividend
payments in the first quarter by almost
$1 billion to a seasonally adjusted
annual rate of $21 % billion. Retained

' "'

Change in Nonfarm Business Inventories
Inventory investment fell sharply in first quarter as,
Manufacturers added stocks at slower rate and ...
Trade firms reduced stocks
Billion $ (GNP basis)

20
TOTAL

Nondurable Goods Firms
15

10

10
TRADE

-5

I
1964

65

66

I
1 2 3 4 1
1966

1
1967

Quarterly, Seasonally
Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics




67-5-2

earnings of corporations declined by
$3K billion to $23% billion. This reduced
corporate internal funds (undistributed
profits plus capital consumption allowances) to an annual rate of $64 billion,
as compared with $67 billion in the
preceding quarter.
Small gain in personal income
Personal income rose about $1%
billion in April to reach a seasonally
adjusted annual rate of $614 billion.
Government payrolls and property incomes continued to advance about in
line with increases in the preceding
2 months, but private payrolls and
proprietors' incomes were virtually unchanged from March, and transfer
payments were reduced.
On account of the slowdown that has
taken place in industrial activity this
year, manufacturing payrolls have
leveled off. Employment cutbacks in
manufacturing and reductions in average weekly hours of work have offset
increases in pay rates. Manufacturing
payrolls dipped slightly in April and
were no higher than the average of the
two most recent quarters. However,
other private payrolls rose further last
month, and the increase in government
payrolls of $0.7 billion about equaled
the average monthly gain of the first
quarter. Transfer payments declined
$0.4 billion (at an annual rate) in April
as the bulk of the GI insurance dividend
payments for 1967 were completed in
March. This was the first drop in
transfers since last May.
Employment in nonfarm establishments rose by about 100,000 persons
from March to April on a seasonally
adjusted basis. Construction employment did not show its full seasonal
advance for the month, and manufacturing employment declined sharply,
but employment gains continued in
the service industries and government.
The April reduction in manufacturing employment, which totaled more
than 115,000 workers and which
brought the drop from January to
April to 234,000, was centered in the
durable goods sector. The average fac-

May

tory workweek was also pared further
during April in all major durable goods
industries with the significant exception of transportation equipment. Despite the sizable reductions in manufacturing employment this spring, the
overall rate of unemployment has remained at about 3.7 percent of the
civilian labor force. The persistence of
this low rate of unemployment has been
in part due to some reduction in the
civilian labor force.
Industrial production declines

The inventory adjustment that has
been underway since early this year
has been the major factor depressing
industrial output. Industrial production
dropped rather sharply in January and
February, held steady in March and,
according to preliminary data, declined
slightly in April. The seasonally adjusted index for April, at 155.9 percent of the 1957-59 average, was 2 percent below the December high and 1.3
percent above April 1966. Decreases in
output from March to April were widespread among most durable and nondurable industries; a major exception
was the motor vehicle industry.
Spurred by the recent improvement
in new car sales, auto producers stepped
up the output of passenger cars this
spring. April assemblies of 660,000
units, about in line with planned schedules for the month, were 10 percent
above March, which in tucn were nearly
15 percent above the February low
point, after seasonal adjustment. Production schedules for May indicate
little change from the seasonally adjusted April rate.
The output of building materials has
been running counter to the trend of
overall industrial production, reflecting
mainly the recovery in housing starts
that began last winter. The seasonally
adjusted index of construction materials
output rose in each month of the first
quarter and is now IK percent above
its December low.
The improvement in activity in the
automotive and construction industries,
large users of finished steel, has not been
reflected in steel mill operations. Raw

May 1967

steel output in April, seasonally adjusted, was somewhat lower than in
March. Production of raw steel has
been drifting downward since last July,
with the decline since then amounting
to nearly 15 percent. It is noteworthy,
however, that since January the monthto-month reductions in output have
been at a much slower rate than in the
earlier period of the decline.
Further recovery in auto sales
Although total retail sales have shown
little improvement since late winter,
sales of new passenger cars, which
picked up a little from February to
March, expanded more sharply in April
and early May. The seasonally adjusted
annual rate of dealer deliveries of
domestically produced cars increased to
7.9 million units in April from 7.0
million in March and 6.8 million in
February, the recent low. The April
rate of new car sales w$s the highest
since last December and compares
with an average of 7.2 million cars in
this year's first quarter and 8.2 million
in the fourth quarter of 1966.
Inventories of unsold new cars in
dealers' hands declined in April for the
fifth straight month. Stocks at the end
of the month totaled 1.3 million cars,
seasonally adjusted, and were equivalent to about 2 months of sales at the
April rate, as compared with 2.2 in
April 1966.

SURVEY OF CURRENT BUSINESS
while prices of farm products and
processed foods declined further. As
a result, the overall index of wholesale
prices has continued to trend lower; the
April index eased to 105.3 percent of the
1957-59 average, down 1.4 percent from
last summer's peak and slightly below
the April 1966 index of 105.5.
The stability of the overall industrial
price index since February has resulted
from offsetting price movements for a
variety of industrial products. Cost

pressures, especially from the labor
component, have continued strong this
spring, but slackened demand for some
key commodities and keen competition
have been deterrents to price rises.
Machinery prices have continued to
move up, but the rate of advance has
slowed noticeably from last year's fast
pace; metals prices have eased since
February, reflecting declines in copper
scrap, copper and brass mill products,
and primary zinc.

Errata to February 1967 SURVEY Tables on Fixed Business Capital
in the United States
Pages 21 and 22, the column captions should be corrected:
"Local transit," which appears twice on page 21 and twice on page 22, should be changed
to: "Railroads, local transit, and pipelines"
Page 22, table 2, "Mean age of gross stock for selected years:"
The corrected figures for two of the selected types of structures are as follows:
Constant cost 2

Constant cost 1
Year

1925
1935

1945.. . .
1955
1960

Commercial
and miscellaneous
...

....

1965....

15.3
16.9
20.8
18.3
15.3
13.2

Railroads, local
transit, and
pipelines

Commercial
and miscellaneous

24.1
27.8
31.1
32.0
31.8
31.5

14.8
16.0
20.2
17.7
14.7
12.4

Tractors

Construction
machinery

Mining and
oilfield
machinery

Industrial prices unchanged




24.1
27.9
31.3
32.5
32.3
31.8

Page 24, table 3, "Mean age of gross stocks for selected years:"
The corrected figures for four of the equipment types are as follows:
Year

Wholesale prices of industrial commodities, based on revised March and
preliminary April data, showed no
change from February through April,

Railroads , local
transit, and
pipeli]aes

1925...

1935
1945
1955
1960
1965. .

4.5
8.5
67
49
5.8
5.2

3.6
5.6
3.1

4 0

3.6
3.2

4.2
5.2
3.9
4.5
4.5
4.3

Office, computing and accounting
machinery

4.4

4.8
3.6
3.5
3.2
3.1

SUKVEY OF CUERENT BUSINESS

May

NATIONAL INCOME AND PRODUCT TABLES
1965
1964

1965

1966

IV

1967

1966
I

II

III

I

IV

1965
1964

1965

1966

1966
I

IV

Seasonally adjusted at annual rates

II

1967
III

I

IV

Seasonally adjusted at annual rates

Billions of current dollars

Billions of 1958 dollars

Table 1. — Gross National Product in Current and Constant Dollars (1.1, 1.2)

Gross national product

631.7

681.2

739.6

704.4

721.2

Personal consumption expenditures

401.4

431.5

464.9

445.2

455.6

59.4
178.9
163.1

66.1
190.6
174.8

69.3
206.2
189.4

68.0
197.0
180.2

70.3
201.9
183.4

__

93.0

106.6

117.0

111.9

Fixed investment
Nonresidential . _ _ _ _
_ _ _ _ _ _ _ _ ._.
Structures
Producers' durable equipment
Residential structures
Nonfarm..
_ ._
Farm
Change in business inventories _
Nonfarm
_ _
Farm

88.3
60.7
21.0
39.7
27.6
27.0
.6
4.7
5.3
-.6

97.5
69.7
24.9
44.8
27.8
27.2
.6
9.1
8.1
.9

105.1
79.3
27.8
51.4
25.8
25.3
.6
11.9
12.2
-.3

101.5
73.9
26.8
47.1
27.6
27.0
.5
10.4
9.0
1.4

8.5
37.0
28.5

7.0
39.0
32.0

4.8
42.7
37.9

6.1
40.3
34.2

Government purchases of goods and services
Federal
_
_ _ . _
National defense
Other
State and local.

128.9
65.2
50.0
15.2
63.7

136.2
66.8
50.1
16.7
69.4

153.0
76.9
60.0
16.9
76.2

Addendum: Implicit price deflator for seasonally
adjusted GNP, 1958=100

108.9

110.9

114.2

Durable goods _ _
Nondurable goods
Services
Gross private domestic investment

Net exports of goods and services
Exports
Imports

745.3

759.3

763.7

580.0

614.4

647.8

631.2

640.5

643.5

649.9

657.2

656.7

460.1

469.9

474.1

479.9

373.8

3%. 2

415.5

406.5

412.8

412.2

418.3

418.5

422.0

67.1
205.6
187.4

70.2
208.1
191.5

69.6
209.2
195.3

68.4
212.5
199.1

59.1
170.5
144.2

66.4
178.2
151.6

70.7
186.0
158.7

69.2
182.5
154.8

72.2
184.1
156.5

68.5
185.8
157.9

71.6
187.1
159.6

70.6
187.1
160.8

69.6
190.1
162.3

114.5

118.5

115.0

120.0

109.3

86.5

97.8

104.7

102.2

103.5

106.3

102.5

106.4

95.7

105.6
77.0
28.5
48.5
28.6
28.0
.5
8.9
8.5
.5

106.2
78.2
27.9
50.3
28.0
27.4
.6
12.3
12.1
.2

105. 1
80.3
27.7
52.6
24.8
24.3
.6
9.9
10.4
-.5

103.5
81.6
27.3
54.4
21.9
21.3
.6
16.4
17.6
-1.2

103.7
81.6
28.7
52.9
22.1
21.5
.6
5.6
6.0
4

81.9
57.4
18.9
38.5
24.6
24.0
.5
4.6
5.2
-.6

89.0
64.9
21.7
43.2
24.1
23.6
.5
8.8
8.0
.9

93.6
72.1
23.4
48.7
21.5
21.0
.5
11.1
11.4
-.3

91.9
68.4
23.2
45.2
23.5
23.0
.5
10.2
8.9
1.3

95.0
70.8
24.3
46.4
24.3
23.8
.5
8.5
8.0
.4

94.7
71.3
23.6
47.7
23.4
22.9
.5
11.6
11.4
.2

93.5
73.0
23.2
49.8
20.5
20.0
.5
9.1
9.6
-.5

91.2
73.3
22.7
50.7
17.9
17.4
.5
15.2
16.4
-1.2

90.5
72.6
23.7
48.9
17.9
17.4
.5
5.2
5.6
-.4

6.0
41.7
35.6

4.7
41.9
37.3

4.2
43.4
39.2

4.1
43.6
39.5

5.4
45.6
40.2

8.5
36.4
28.0

6.3
37.3
31.0

4.7
41.1
36.4

6.0
38.7
32.8

5.9
40.1
34.2

4.6
40.3
35.8

4.2
41.8
37.6

4.1
42.0
37.9

5.3
43.9
38.6

141.2
69.8
52.5
17.3
71.4

145.0
71.9
54.6
17.4
73.1

149.0
74.0
57.1
16.9
75.0

156.2
79.0
62.0
17.0
77.2

161.1
81.7
65.5
16.2
79.4

169.1
87.0
69.7
17.2
82.1

111.3
57.8

114.1
57.8

123.2
64.0

116.6
59.3

118.3 T120.4
60.4
61.9

124.9
65.5

128.3
67.6

133.6
71.6

53.4

56.3

59.1

57.3

59.4

60.7

62.0

111.6

112.6

113.8

114.7

115.5

116.3

732.3

57.9

58.5

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)

Gross national product
Final sales _ . _ . _
___
Change in business inventories
Goods output
Final sales
Change in business inventories

_

_

__

Durable goods
Final sales
Change in business inventories
Nondurable goods. . _ _
_
Final sales
Change in business inventories
Services
Structures

_ ._

Addendum: Gross auto product

_ _

631.7

681.2

739.6

704.4

721.2

732.3

745.3

759.3

763.7

580.0

614.4

647.8

631.2

640.5

643.5

649.9

657.2

656.7

627.0
4.7

672.1
9.1

727.7
11.9

694.0
10.4

712.3
89

720.0
12 3

735.4
99

742.9
16.4

758.1
5.6

575.4
4.6

605.6
8.8

636.7
11.1

621.0
10.2

632.0
8.5

631.9
11.6

640.8
9.1

642.0
15.2

651.5
5.2

318.2

344.7

377,2

358.8

366 0

371.6

379 6

390.7

385.1

307.2

328.5

351.5

341.0

344.7

346.7

352.8

360.9

355.2

_ _ 313.6
4.7

335.7
9.1

365.3
11.9

348.4
10.4

357.0
8.9

359.3
12.3

369.7
9.9

374.2
16.4

379.5
5.6

302.6
4.6

319.7
8.8

340.4 330.7
11.1 10.2

336.2
8.5

335.1
11.6

343.7 345.7
15.2
9.1

350.0
5.2

125.5
122.2
3.3

138.5
132.2
6.3

154.9
145.9
9.0

142.6
137.9
4 7

147 6
141.8
58

149.6
140.6
9.0

158 1
148 7
9 5

163.6
151.7
11.9

153.4
151.4
1.9

123.1
119.9
3.2

135.5
129.4
6.1

150.8
142.4
8.4

140.3
135.7
4.7

145.4
139.9
5.5

146.0
137.6
8.4

153.7
145.1
8.7

157.4
146.5
10.9

147. 5
145.8
1.7

192.7
191.3
1.4

206.3
203 5
2.7

222.4
219.5
2.9

216.2
210 5
5.7

218.4
215 2
3.1

222.0
218.7
3.3

221 4
221 0
5

227.1
222.5
4.6

231.7
228.1
3.7

184.1
182.7
1.4

193.0
190.3
2.7

200.8
198.0
2.7

200.6
195.1
5.6

199.4
196.3
3.0

200.8
197.6
3.2

199.0
198.6
.4

203.5
199.2
4.3

207. 7
204.2
3.6

244 5

262 0

285.9

268 8

275 5

282 1

296.2

304.2

211.2

221.1

232.4

224.0

227.7

230.9

234.4

236.6

240.5

68.9

74 5

76.6

76 9

79 8

78.6

289 9
75 g

72.5

74.5

61.7

64.8

64.1

66.2

68.0

66.0

62.8

59.8

61.0

25.8

31.4

29.4

30 5

31 5

28.6

27 9

29.4

24.9

25.4

31.4

29.9

30.7

32.2

29.1

28.5

29.7

25.5

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)

Gross national product
Private _

._

Business , _
Nonfarm,
,
Farm
Households and institutions
Rest of the world
General government-.,




631 7

681 2

739 6

704 4

721 2

732 3

568 7

613 4

663 4

633 8

648 4

657 6

547
527
20
17
4

590
567
23
18
4

8
1
g
3
3

639 5
614 7
24 g
19.5
4 4

611
586
24
19
3

67.8

76 2

4
0
4
3
0

63.0

2
6
7
1
4

70 6

624
599
25
19
4

9
3
7
1
4

72 8

634
609
25
19
4

0
0
0
1
5

74 7

745 3

759 3

763 7

580 0

614 4

647.8

631 2

640.5

643.5

649.9

657.2

656.7

667 7

679 4

681 2

530 8

563 5

593.6

579 4

588.0

589 9

595 1

601.5

599.9

643
619
24
19
4

5
1
4
7
6

655 3
631 0
24 3
41

656 5
632 5
24 0
20.4
4 4

513 3
491 2
22 0
13 6
39

545
521
23
14
4

4
7
g
0
i

574 9
552 3
22 6
14.4
4 3

561 6
537 5
24 1
14.5
33

569 4
546.4
23 0
14.3
4 3

571 4
548 4
22 9
14.2
4 3

576 2
554 5
21 7
14.5
4 4

582.8
560.1
22.8
14.6
4.0

580.8
556.7
24.1
14.8
4.3

77 e

79.9

82.5

49 2

50 9

54.2

51.8

52.5

53.6

54.8

55.8

56.8

20! o

SURVEY OF CURRENT BUSINESS

May 1967
1965
1964

1965

1966

IV

1966
I

II

1967

III

IV

1965

I*

1964

1965

1966

IV

1966
I

II

1967
III

IV

I»

Seasonally adjusted at annual rates
Seasonally adjusted at annual rates

Billions of dollars
Table 4.—Relation of Gross National Product, National Income,
and Personal Income (1.9)
Gross national product
Less: Capital consumption
allowances

631.7 681.2 739 6 704.4 721.2 732 3 745 3 759 3 763.7

56.0

59.6

63.1

60.8

61.6

62 7

63.7

64 6

Plus: Subsidies less current
surplus of government
enterprises
_
Equals: National income
Less: Corporate profits and
inventory valuation
adjustment
Contributions for social
insurance
Wage accruals less disbursements . .
Plus: Government transfer
payments to persons
Interest paid by government (net) and by
consumers. ._
Dividends
Business transfer payments
Equals : Personal income . _

Table 6.—National Income by Type of Income (1.10)

65.6

Equals: Net national product. . _575.7 621.6 676.5 643.6 659.7 669.6 681.6 694.7 698.2
Less: Indirect business tax
and nontax liability
Business transfer payments
Statistical discrepancy

Billions of dollars

National income
Compensation of employees

62.7

65.5

63.6

63.0

64.7

66.3

2.5
2.6
-1.4 -1.6

26
—. 2

2.6
.4

2.6
-.8

2.6
—.9

26
.4

1.0

1.4

.9

.8

9

1.5

58.5

1.3

68.1

68.7

26
2 6
-.4 -2.2

2.2

1.6

517.3 559.0 610.1 577.8 595.7 604.1 613 8 626.7 630.7

66.6

74.2

80.2

76.9

80.0

79 9

79 1

81.7

76.6

28.0

29.2

37.8

29.8

36.5

37.0

38.5

39.3

41.5

.0

.0

.0

.0

.0

.0

.0

.0

.0

34.2

37.1

41.9

37.9

40.1

42.3

45.3

48.6

19.1
17.3
2.5

20.6
19.2
2.6

22.8
20 9
2 6

21.0
20.2
2.6

40.0
21.9
20.9
2.6

22.5
21.1
2.6

23.0
21.1
2.6

23.8
20 7
2 6

24.4
21.5
2.6

496.0 535.1 580.4 552.8 564.6 573.5 585.2 598.3 609.7

Table 5.—Gross Corporate ProductJ (1.14)

Wages and salaries .
Private ._
Militarv
Government civilian
Supplements to wages and
salaries _ .
Employer contributions for
social insurance

Capital consumption allowancesIndirect business taxes plus
transfer payments less subsidies.

33.9

36.3

38.8

37.2

37 7

38 5

39.1

39 7

40.3

34.8

37.4

38.9

37.9

37.3

38 5

39.4

40 5

40.9

Income originating in corporate
business ... _ _
292.3 317.5 348.2 328.8 340.1 345.0 349.7 357.9 356.7
Compensation of employees. .231.4 249.0 273.8 256.8 265.9 271.1 276.5 281.8 286.0
Wages and salaries .
208.5 224.1 244 1 231.2 237 2 241 8 246.4 251 0 254.0
Supplements
22.9 24.8 29.7 25.7 28.7 29.3 30.0 30.7 32.0
Net interest
-2.7 -2.5 —2 5 —2 4 —2 4 —2 5 —2.5 —2 5 -2.6
Corporate profits and inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends... .. _ . .
Undistributed profits. __
Inventory valuation adjustment
_ _ _

63.6
64.0
28.4
35.6
16.0
19.6

71 0
72.5
31.2
41.3
17.7
23.6

76 9
79.0
33.9
45 1
19 4
25.7

74 4
76.2
32.4
43 7
19.0
24.7

76 7
79 5
34.1
45 4
19 4
26.0

76 4
79 3
34.1
45 2
19 5
25.7

75.7
78.5
33.7
44 7
19.5
25.2

—.4 -1.5 -2 1 — 1.8 —2 8 —2 9 -2.8

Gross product originating
in financial institutions.. 15.6

16.5

18.2

17.2

17.5

18.0

18.3

78.7
78.7
33.7
45.1
19.2
25.9

73.3
74.1
32.0
42.0
20.0
22.0

o

0

18.3

19.2

Gross product originating
in nonfinancial corporations
345 3 374 6 407 7 386 7 397 7 404 0 409 8 419.3 418 7
Capital consumption allowances.
32 9
Indirect business taxes plus
transfer payments less sub33 3
sidies
Income originating in nonfinancial corporations. _ .279.0
.
Compensation of employees . _218.7
Wages and salaries197.3
Supplements
21 4
Net interest..
52
Corporate profits and inventory valuation adjustment.
55.2
Profits before tax .
55.6
Profits tax liability...
24.3
Profits after tax
31.3
Dividends
14.6
Undistributed profits... 16.8
Inventory valuation adjustment
— 4
Addenda:
Cash flow, gross of dividends:
All corporations
69.5
Nonfinancial corporations .. 64.3
Cash flow, net of dividends:
All corporations.
53 5
Nonfinancial corporations
49.7

35 3

37 8

36 3

36 8

37 5

38 1

38 7

39 3

35 8

37 3

36 3

35 7

36 9

37 7

38 8

39 2

303.5 332.7 314 1 325 2 329 7 334 0 341.8 340.3
235.5 259.3 243.0 251.6 256.6 261.8 267.0 270.8
212.3 231 5 219 0 224 8 229 1 233.7 238 2 240.9
23 2 27 8 24 0 26 8 27 4 28 1 28 8 29 9
59 6 5 63 63
6 7
67
6 5 6 6
62 1
63.6
27.5
36 1
16.2
19.9

66.9
69.0
29.8
39.3
17 8
21.5

67 3
70 1
30.2
39 9
17 7
22.2

66 6
69 5
30 0
39 5
18 0
21.5

65 6
68 3
29 5
38 8
17 9
20.9

68 2
68 2
29.3
38 9
17 5
21.4

— 1 5 —2 1 — 1 8 —2 8

29

2g

o

62 7
63 5
27.6
35 9
18 3
17.6
g

64 9
66 7
28.5
38 2
17 5
20.7

77.6
71.4

83 8
77.0

80 9
74.4

83 1
76.7

83 7
76.9

83 8
76.9

84 8
77.6

82 3
75.1

59 9
55.2

64.5
59.2

61 9
57.0

63 7
58.9

64 2
59.0

64 3
59.0

65 6
60.1

62 3
56.9


1. Excludes gross product originating in the rest of the world.
http://fraser.stlouisfed.org/
*First quarter 1967 corporate profits (and related components and totals) are preliminary
Federal Reserve Bank of St. Louis

365.7 392.9 433.3 406.5 419.6 427.9 438.3 447.5 456.1
333.6 358.4 392.3 370.8 380.0 387 4 396.7 405 0 411 8
269.3 289.1 314 8 298.5 305.9 311 5 318 0 323 9 328 4
11.7 12.1 14.6 13.0 13.6 14.1 15.0 15 8 16.3
52.6 57.1 62.8 59.3 60.4 61.8 63.7 65 2 67.1
32.0

34.5

41 0

35.7

39.6

40.5

41 5

42 5

44 3

15.4

16.0

20.2

16.3

19.6

19.9

20.4

20 8

21.8

O ther labor income
- 16.6
Employer contributions
to private pension and
welfare funds
13.7
Other
3.0

18.5

20.8

19.4

20.0

20.6

21.1

21 7

22.5

Proprietors' income.. _ _ _

15.4
3.1

51.9

55.7

57.8

57.1

58.4

57.9

57.3

57.5

57.0

Business and professional
Income of unincorporated
enterprises. .
Inventory valuation adjustment

39.9

40.7

41.8

41.1

41.4

41.6

41.9

42.3

42.2

39.9

41.0

42.2

.0

-.4

-.4

Farm

12.0

15.1

16 0

16.0

17.0

16.3

15 4

15 2

14 8

Rental income of persons

17.7

18.3

18.9

18.5

18.7

18.8

18.9

19.1

19.3

Corporate profits and inventory
valuation adjustment .. . .

66.6

74.2

80.2

76.9

80.0

79.9

79.1

81.7

76.6

67.0

75.7

82.3

78.7

82.7

82.8

81 9

81.8

77.3

28.4
38.7
17.3
21.3

31.2
44.5
19.2
25.3

33.9
48.4
20.9
27.4

32.4
46.3
20.2
26.1

34.1
48.7
20.9
27.8

34.1
48 7
21.1
27.6

33 7
48.2
21.1
27.1

33.7
48.1
20.7
27.4

32.0
45.3
21.5
23.8

-.4 -1.5 -2.1 -1.8 -2.8 —2 9 -2.8

.0

-.8

21.0

21.6

Profits before tax. .
Gross corporate product... 360.9 391.2 425.9 403.9 415.2 422.0 428.1 438.2 437.9

517.3 559.0 610.1 577.8 595.7 604 1 613 8 626.7 630 7

Profits tax liability
Profits after tax .
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest

15.5

17.8

20.0

18.7

19.1

19.6

20.2

Table 7.—National Income by Industry Division (1.11)
All industries, total
Agriculture, forestry, and
fisheries
Mining and construction
M anuf acturing
Nondurable goods
Durable goods
Transportation
C ommunication
Electric, gas, and sanitary
services
Wholesale and retail trade
Finance, insurance, and real
estate
Services
Government and government
enterprises
Rest of the world.. _ __

517.3 559.0 610.1 577.8 595.7 604.1 613.8 626.7 630.7

17.7 21.0 22 2 22.1 23.2 22.6 21 6 21.5
32 4 34 8 37 7 35.9 37.1 37.5 37 9 38.1
155.1 170.4 188.5 176.5 184.4 186.7 188 6 194.2
61 5 65 6 71 4 67 5 69.8 71 0 71 5 73.2
93 6 104 8 117 1 108.9 114.7 115.7 117 1 121.0
21 4
10.5

22 9
11.2

24 8
12 2

23 7
11.6

24.1
11.7

24 7
12.1

24 7
12 5

25.6
12.5

11.1
79.1

11.6
83.6

12 4
89.3

11.9
85.9

11.9
88.0

12.2
88.4

12.7
89.6

12.7
91.1

57 1
58.9

61 0
63.0

65 5
68 8

62 9
65.3

63.7
66.4

65 0
67.6

66 0
69.8

67.3
71.4

70.0
4.0

75.2
4.3

84.4
4.4

78.5
3.4

80.7
4.4

82.7
4.5

85.8
4.6

88.2
4.1

Table 8.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment by Broad Industry Groups (6.12)
All industries, total
Financial institutions
Mutual
Stock
Nonfinancial corporations
M anu f acturing
Nondurable goods
Durable goods
Transportation, communication, and public utilities
All other industries

66.6

74.2

80.2

76.9

80.0

79.9

79.1

81.7

76.6

8.4

8.9

10.0

9.5

9.4

9.8

10.1

10.5

10.6

1.7
6.7

1.8
7.1

58.2

65.3

70.2

67.5

70.6

70.0

69.0

71.2

66.0

32.4
14.5
17.9

37.8
15.7
22.1

41.0
17.3
23.8

39.6
16.4
23.2

41.9
17.2
24.7

40.6
17.2
23.4

39.5
17.0
22.5

42.0
17.6
24.4

10.4
15.4

11.1
16.4

11.9
17.2

11.5
16.4

11.3
17.4

12.0
17.4

12.2
17.2

12.1
17.0

SURVEY OF CURRENT BUSINESS

6
1965
1964

1965

1966

II

1965

1967

1966

I

IV

May 1907

III

I

IV

1964

1965

1966

496.0 535.1 580.4 552.8 564.6 573.5 585.2 598.3 609. 7
333.6 358.4 392.3 370.8 380.0 387.4 396. 7 405.0 411.8

134.0 144.3 158.2 148.9 153.8 157.0 159.6 162.3 163.4
107.2 115.5 127.2 119.2 123.0 126.0 128.6 131.2 131. 6
81.2 86.7 93.2 89.1 90.8 92.1 93.9 95.8 97. 8
54.1 58.1 63.5 60.5 61.3 62.5 64.4 65.8 67.2
64.3 69.2 77.4 72.3 74.1 75.9 78.8 81.0 83.4

16.6

18.5

20.8

19.4

20.0

20.6

21.1

21.7

22 5

Proprietors' income
Business and professional
Farm
_ _

51.9
39.9
12.0

55.7
40.7
15.1

57.8
41.8
16.0

57.1
41.1
16.0

58.4
41.4
17.0

57.9
41.6
16.3

57.3
41.9
15.4

57.5
42.3
15.2

57. 0
42 2
14.8

Rental income of persons
Dividends
__ . .

17.7
17.3

18.3
19.2

18.9
20.9

18.5
20.2

18.7
20.9

18.8
21.1

18.9
21.1

19.1
20.7

19 3
21.5

Personal interest income

34.6

38.4

42.8

39.7

41.0

42.1

43.2

44.8

46 o

Transfer payments
Old-age and survivors
insurance benefits
State unemployment
insurance benefits
Veterans benefits .
Other

36.8

39.7

44.6

40.5

42.6

42.8

44.9

48.0

51.2

16.0

18.1

21.0

18.6

19.5

19.7

21.2

23.5

24 6

2.6
_ _ _ 5.3
12.9

2.2
5.6
13.8

1.8
6.1
15.7

2.0
5.8
14.1

2.0
5.9
15.2

1.6
6.0
15.4

1.8
6.1
15.8

1.8
6.3
16.4

2 1
6.5
18. 0

Less: Personal contributions
for social insurance

12.5

13.2

17.6

13.5

16.9

17.1

18.1

18.4

19. 8

Less: Personal tax and nontax
payments

59.4

66.0

75.1

66.7

69.5

73.6

77.4

79.8

81.1

Equals: Disposable personal
income

436.6 469.1 505.3 486.1 495.1 499.9 507.8 518.4

528 5

Less: Personal outlays

412.1 443.4 478.3 457.6 468.4 473.3 483. 3 488.0
401.4 431.5 464.9 445.2 455.6 460.1 469.9 474.1 479.9

Equals : Personal saving
Addendum: Disposable personal income in constant
(1958) dollars

III

IV

I*

Table 12.—Federal Government Receipts and Expenditures (3.1,3.2)

Table 9.—Personal Income and Its Disposition (2.1)

Personal consumption
expenditures
Interest paid by consumers. __
Personal transfer payments to foreigners

II

1967

Billions of dollars

Billions of dollars

Wage and salary disbursements
Commodity-producing
industries
Manufacturing
Distributive industries
Service industries
Government _ _

1966

I

Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

Personal income

IV

10.1

11.3

12.7

11.8

12.1

12.5

12.8

13.2

13. 6

.6

.6

.6

.6

.6

.7

.7

.6

.6

24.5

25.7

27.0

28.5

26.7

26.6

24.5

30.4

34. 4

406.5 430.8 451.6 443.9 448.4 447.9 452.2 457.6 464.9

Federal Government receipts. - . 115.1 124.9 142.5 126.9 136.0 141.0 145.3 147.9 149.2
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance
Federal Government expenditures
Purchases of goods and services -.
- .-

48.6
26.5

54.2
29.1

61.9
31.7

54.7
30.3

57.1
31.9

60.7
31.9

63.9
31.6

65.7
31.4

66.6
29.9

16.2

16.8

15.9

16.7

15.2

16.1

16.2

16.4

16.3

23.9

24.8

33.0

25.2

31.7

32.2

33.6

34.3

36.4

118.1 123.4 142.2 127.0 133.7 137.1 145.8 151.5 159.5

65.2

66.8

76.9

69.8

71.9

74.0

79.0

81.7

87.0

National defense
Other...

50.0
15.2

50.1
16.7

60.0
16.9

52.5
17.3

54.6
17.4

57.1
16.9

62.0
17.0

65.5
16.2

69.7
17.2

Transfer paymen ts
To persons
._
To foreigners (net)

29.9
27.8
2.2

32.4
30.3
2.2

36.5
34.2
2.3

32.8
30.8
1.9

35.4
32.6
2.8

34.8
32.6
2.2

36.9
34.5
2.4

39.1
37.2
2.0

42.3
40.0
2.3

10.4

11.2

14.5

11.6

13.0

14.6

15.3

15.0

15.0

8.3

8.7

9.6

8.8

9.3

9.5

9.7

10.0

10.2

4.2

4.2

4.7

4.1

4.1

4.2

4.8

5.6

5.1

1.6

.3

-.2

2.3

3.8

Grants-in-aid to State and
local governments
Net interest paid.

. ._

Subsidies less current surplus
of government enterprises ..

Surplus or deficit (— ),
national income and
product accounts.
_ . . -3.0

-.5 -3.6 -10.3

Table 13. — State and Local Government Receipts and Expenditures
(3.3, 3.4)
State and local government
receipts- .. _

69.6

75.3

84.3

77.3

80.1

83.2

85.9

88.0

89.2

Personal tax and nontax
receipts ..
_
10.8
Corporate profits tax accruals. 1.9

11.8
2.0

13.2
2.2

12.1
2.1

12.4
2.2

12.9
2.2

13.5
2.2

14.1
2.2

14.6
2.1

Indirect business tax and
nontax accruals
Contributions for social
insurance

42.3

45.8

49.5

47.0

47.8

48.7

50.0

51.6

52.4

4.1

4.5

4.8

4.6

4.7

4.8

4.9

5.0

5.1

Federal grants-in-aid

10.4

11.2

14.5

11.6

13.0

14.6

15.3

15.0

15.0

101.4 109.1 115.5 113.6 113.2 113.9 112.5 122.3

123.0

24.5

30.4

34.4

27.1

27.4

23.8

— . 4 -1.5 -2.1 —1.8 —2.8 -2.9 -2.8

.0

-.8

Table 10.—Personal Consumption Expenditures by Major Type (2.3)
Personal consumption
expenditures
_ _ 401.4 431.5 464.9 445.2 455.6 460.1 469.9 474.1 479.9
Durable goods

59.4

Automobiles and parts
Furniture and household
equipment . _ _.
_ .
Other

69.3

68 0

70.3

67 1

70 2

69.6

68.4

25.8

29.8

30.0

29 9

31.4

28 5

30.1

29.8

27.9

25.1
85

27.'1
9.1

30.1
9.3

28.8
93

29.6
93

29 2
93

30.7
9.4

30.7
92

31.1
9.4

. _. 178.9 190.6 206.2 197.0 201.9 205.6 208 1 209.2 212.5

Nondurable goods. .. _
Food and beverages
Clothing and shoes
Gasoline and oil
Other

66.1

... 92.8
33.6
.... _ _ 14.1
38 4

Services
Housing
Household operation
Transportation __ .
Other

98.4 104.8 101.6 103.3 104 8 105.5 105.4 106.9
35.9 40.3 37 5 39 4 39 7 41 1 40 8 41.6
15.1 16.1 15.7 15.8 16 1 16.1 16.6 17.0
41 1 45 0 42 3 43 3 45 0 45 4 46 4 47 1

163 1 174 8 189 4 180 2 183 4 187 4 191 5 195 3 199 1
59 2
24 3
11 8
67 8

63 2
25 6
12 8
73 3

67
27
14
80

7
2
0
5

64
26
13
75

7
3
4
g

66 0
26 5
13 5
77 5

67 1
27 l
13 9
79 4

68 2
27 6
14 2
81 5

69 5
27*7
14 5
83 5

70
27
14
85

6
8
9
8

Table 11.—Foreign Transactions in the National Income and
Product Accounts (4.1)
Receipts from foreigners

37.0

39.0

42.7

40.3

41.7

41.9

43.4

43.6

45.6

Exports of goods and services. .. 37.0

39.0

42.7

40.3

41.7

41.9

43.4

43.6

45.6

Table 14.—Sources and Uses of Gross Saving (5.1)
Gross private saving. _ _ .
Personal saving
Undistributed corporate
profits
- .
Corporate inventory valuation adjustment
Corporate capital consumption allowances
Noncorporate capital consumption allowances
Wage accruals less disbursements
Government surplus or deficit
(— ), national income and
product accounts.

37.0

39.0

42.7

40 3

41 7

41 9

43 4

43 6

45 6

Federal
State and local

Imports of goods and ser vices, .. 28.5

32.0

37.9

34.2

35.6

37.3

39.2

39.5

40.2

Gross investment

34

31
7
2 4

2 6

29

20

23

1i

15

2 5

Payments to foreigners

Transfers to foreigners
Personal. __
Government

2 8
g
22

28
6
22

29
g
23

2 5
19

28

2 9
7
22

Net foreign investment - -

5.7

4 2

18

35

26

18

Q

g

Q

g


*First quarter 1967 corporate profits (and related components and totals) are preliminary
and subject to revision in next month's SURVEY.


Gross private domestic
investment
.
Net foreign investment .
Statistical discrepancy

24.5
21.3

25.7
25.3

27.0
27.4

28.5
26.1

26.7
27.8

26.6
27.6

33.9

36.3

38.8

37.2

37.7

38.5

39.1

39.7

40.3

22.2

23.3

24.4

23.6

23.8

24.2

24.5

24.9

25.3

.0

.0

.0

.0

.0

.0

.0

.0

.0

3.2

3.5

1.4

4.7

7.3

3.3

-.4

1.6
1.6

.3
3.2

-.2
1.6

2.3
2.4

3.8
3.5

-1.4

- -- -3.0
1.7

-8.9

-.5 -3.6 -10.3
1.4
3.8 3.3

98.7 110.7 118.8 115.4 117.1 120.3 116.1 121.5

111.8

93.0 106.6 117.0 111.9 114.5 118. 5 115.0 120.0
1.1 1.5
5.7 4.2
1.8 3.5 2.6 1.8

109.3
2.5

-1.4

-1.6

-.2

.4

-.8

-.9

.4

-.4

-2.2

May 1967

SURVEY OF CURRENT BUSINESS

The Copper Situation
TOTAL domestic demand for copper,
including defense demand, continued
strong throughout 1966 and early 1967.
Supplies of refined copper available to
domestic users, which were very tight
relative to demand in the first three
quarters of 1966, improved considerably
late last year and continued to improve
in the early part of 1967.
These developments have been reflected in changes in copper prices; up
to mid-1966, copper had shown one of
the largest increases of any commodity
group in the index of wholesale industrial prices, and this contributed importantly to the rise in industrial prices
from mid-1964 to mid-1966. Domestic
prices of copper scrap, which are a
sensitive barometer of supply-demand
conditions, have fallen considerably.
Prices of refined copper in foreign
markets have also dropped sharply from
last year's unusually high levels. However, the price charged by domestic
producers for primary copper, which
had been held down in 1966 under the
administration's wage-price guideposts,
increased in early 1967. Prices of copper
mill products, which had been rising
almost steadily for the past 3 years,
have shown signs of softening in recent
weeks.

expanding defense requirements more
than offset this drop. In January and
February of this year, domestic consumption was running at about the
same rate as in the final 3 months of
1966.
Defense use up, exports lower

The use of copper for defense-rated
orders, which began to increase in late
1965, continued upward at an accelerated rate throughout 1966 and
through the first half of 1967. In 1966,
producers' set-asides for defense-rated
orders were established on the basis of
producers' 1965 output of refined cop-

COPPER PRICES

Improved supplies

Consumption at record rate

Domestic consumption of refined
copper expanded sharply from 1965 to
1966. The 16 percent increase over the
year was the largest annual advance by
far in the 1961-66 period. In the final
3 months of 1966, copper consumption
was at a new peak. Reduced activity in
the automobile and construction industries—which are large users of copper
products—tended to dampen the rise in
consumption of copper for civilian
items in the last half of 1966, but



per from domestic ores; they ranged
from 10 percent in the second quarter
to 18 percent in the fourth. The setaside was increased to 26 percent for the
first quarter of 1967 and to 29 percent
for the second quarter. However, the
rate will be reduced to 26 percent for
the July-September period. In terms of
tonnage, the set-aside of refined copper
for the current quarter is equivalent to
somewhat less than 100,000 tons, or
about 16 percent of domestic consumption at the quarterly average rate in
1966. In the April-June 1966 period, the
equivalent figures were 35,000 tons and
6 percent respectively.
U.S. exports of refined copper, especially to Western Europe, contracted
sharply in the fourth quarter of 1966.
Exports of refined copper during this
period were approximately 40,000 tons,
or half the quarterly average in the first
three quarters of 1966. In the first 2
months of this year, shipments to foreign markets, although up from the
relatively low October-December rate,
were below the total a year ago.

.30

Scrap i
i . i I i i i I . i i I i i i I , i i I . i i
1961
62
63
64
65
66
Quarterly Average

.20

1

Scrap price represents No. 1 wire

U.S. Department of Commerce, Office of Business Economics

IMM.

67
Monthly

Data: BLS & E&MJ
67-5-3

Copper supplies, as measured by
domestic production and imports, were
at a record rate of 2.3 million tons in
1966, but the 3 percent rise over 1965
was far below the increase in demand.
Despite efforts by industry and government to expand supplies of refined
copper, there was very little increase in
the first 9 months of 1966 as compared
with the first 9 months of 1965. However, in the fourth quarter, supplies
increased appreciably, and combined
domestic output and imports of copper
reached a new high, 7 percent above
the fourth quarter of 1965. In the first
2 months of this year, the margin of
gain over the first 2 months of 1966
rose to more than 15 percent.

8

SUEVEY OF CURRENT BUSINESS

Both increased domestic production sale prices for all industrial comand larger imports of refined metal modities advanced 4.0 percent.
accounted for the year-to-year gain in
Much of the rise in the nonferrous
supplies evident since last fall. The ex- metals group has been due to higher
pansion in imports of refined copper quotations for primary refined copper,
has to a large extent reflected the slow- copper scrap materials, and fabricated
down in economic activity in some for- mill products. The sharp rise in prices
eign areas—particularly in Western reflected expanding world demand at a
Europe—which has made more copper time when production was being held
available to U.S. markets. Thus, the down by strikes and political difficulties
flow of refined copper from abroad, abroad. However, since mid-1966,
which held relatively steady at about prices of nonferrous metals as a whole
30,000 tons per quarter in the January- have tended to stabilize and have even
September period, rose to 70,000 tons edged down a little, reflecting in large
in the fourth quarter. Of f his total, part the substantial improvement in
Western Europe, which is normally a the supply-demand position of copper.
negligible exporter of copper, supplied
In periods when copper is in short
26,000 tons, or about two-thirds of the supply and demand is strong, fabricaincrease. Imports in early 1967 con- tors obtain more of their requirements
tinued high.
in the secondary market and thus put
pressure on scrap prices. As chart 3
Demand exceeds supply
shows, the price of copper scrap (no. 1
In 1966, for the fourth year in a row,
wire) peaked in the first half of 1966,
domestic consumption plus exports exwhen the imbalance between supply
ceeded domestic production plus imand demand was greatest. As the deficit
ports. The difference was especially
in supplies narrowed, scrap prices fell
pronounced early last year but has since
sharply but irregularly after the spring
narrowed. The excess of demand over
of 1966. In April of this year, the
supply in 1966 was met primarily by
average price of copper scrap was 36
releases of 400,000 tons from the nacents per pound, the lowest in more
tional stockpile; this was more than
three times the tonnage released in than 2 years and far below the high of
1965. About 150,000 tons of refined 66 cents per pound in April 1966. The
metal from the stockpile are being made current scrap price is close to the price
available for sale in varying monthly of primary copper; normally, copper
allotments from January through Sep- scrap sells somewhat below the price of
tember of this year.
the refined metal.
It may also be noted that prices in
Copper prices
foreign
markets have reflected the shiftFrom June 1964 to June 1966, prices
of nonferrous metals as a group showed ing balance between supply and deone of the largest increases—18 per- mand. For example, the price of spot
cent—of any group in the industrial copper in London, the principal trading
component of the BLS wholesale price market outside the United States, rose
index. During this same period, whole- sharply to a very high level in early




May 1967

1966 as the production of refined copper
continued to be adversely affected by
strikes and political disturbances in
some of the main producing countries.
With a return to more normal operations
and with demand pressures abroad
tending to ease, spot copper prices fell
moderately in the late spring months
and dropped more sharply in the third
quarter before leveling off in the
October-December period. The downward trend continued through the early
months of 1967. In April of this year,
the price of spot copper, at 45 cents a
pound, was one-fifth below the 1966
fourth quarter average and more than
two-fifths under the early 1966 high.
The domestic producers' price of
primary refined copper, after holding
steady at about 36 cents per pound
throughout 1966, increased to 38 cents
per pound in January of this year and
has since remained at this level. Industry attempts to raise prices in 1966
were met by Government intervention
under the wage-price guideposts. The
present price of copper, the highest
since October 1956, represents an increase of nearly one-fourth from the
February 1964 price of 31 cents per
pound.
Copper mill products—which are
fabricated from both refined copper and
scrap—have shown a much larger
average price rise than the primary
metal. The BLS index of wholesale prices
of these products has generally been
moving upward since 1963, and in the
early months of this year, most of the
items in this group were at, or close to,
peak levels. However, more recently
major fabricators announced price cuts
for copper tubing and for a wide range
of brass mill products.

SURVEY OF CURRENT BUSINESS

May 1967

Plant and Equipment Expenditures by Foreign Affiliates of U.S. Firms—
Revised Estimates for 1966 and 1967
THIS report gives the results of the
second survey of anticipated plant and
equipment expenditures by foreign affiliates of U.S. firms, which was conducted in December. These surveys are
designed to supplement those taken in
the middle of the year as part of the
annual review of the sources and uses
of funds of U.S. direct investments
abroad. A methodological note concerning procedures used in the collection and
estimation of the data was included in

the March 1966 SURVEY OF CURRENT
BUSINESS.
According to the latest survey, expenditures in 1967 are expected to be
higher than those in 1966. However,
the increase from 1966 to 1967 is likely
to be less, in both absolute amounts and
percentages, than the increase from
1965 to 1966.
The less rapid rate of expansion is
reported by manufacturing industries.
An analysis of the area distribution of

the data indicates that the somewhat
slower growth in prospect for 1967
would be due mostly to investments in
Europe and to a lesser extent to those
in Canada.
These periodic surveys, conducted
annually for several years and semiannually beginning in December 1965,
are based on reports filed by officials
of the U.S. parent companies. At the
present time, several estimates of expenditures are obtained for a given

Table 1.—Estimates of Plant and Equipment Expenditures of Foreign Affiliates of U.S. Companies, by Area and Industry—Summary of
Surveys 1
[Millions of dollars]

A

All areas, total .
Mining and smelting
Petroleum
Manufacturing
Other industries

_ _

Canada, total
Mining and smelting.. _
Petroleum
Manufacturing
Other industries
Latin America, total

. _
...

Mining and smelting _
Petroleum _ _
Manufacturing
_
Other industries
Europe, total
Mining and smelting
Petroleum .
Manufacturing
Other industries
Other areas, total
Mining and smelting
Petroleum
Manufacturing
Other industries
r




E

B'

A

B

A

D

C

5,687

7,372

7,078

7,531

7,323

8,824

9,162

8,745

9,210

10,211

416
2,005
2,533
733

584
2 350
3 821
617

498
2 364
3,606
610

682
2 267
3,893
689

493
2,330
3,809
691

648
2,680
4,786
710

826
2,727
4,797
812

804
2,600
4,554
788

693
2,936
4,790
791

910
3,373
5,086
843

1 407

1 843

1 840

1 908

1 696

2 095

2,262

2,344

2,149

2,430

261
426
1 201
207

340
552
1,171
199

324
609
1,180
231

244
570
1,147
188

345
665
1,183
237

202
360
657
188

248
377
1 031
187

200
490
963
187

265
503
952
188

190
358
964
184

860

1 097

994

1 079

932

1 139

1,240

1,105

1,250

1,435

124
313
266
157

156
368
420
152

150
313
391
140

160
307
446
166

109
334
336
153

176
378
443
142

214
336
511
179

211
282
448
165

193
391
505
161

288
366
607
174

2 045

2 659

2 520

2 674

2 893

3,351

3,714

4,013

7
728
1 737
187

3
673
1 660
184

5
603
1 873
193

3
776
1 855
254

3 545
5
972
2 323
245

3 584

4
576
1 188
277

5
873
2 406
300

8
873
2,204
265

3
940
2,467
304

11
1,206
2,506
290

1 375

1 773

1 724

1 869

1 802

2 045

2 077

1,946

2,096

2,334

86
756
422
111

173
877
632
91

145
888
592
99

252
854
622
141

186
862
654
100

206
904
819
116

267
966
710
134

261
835
722
127

253
1,035
670
138

266
1,136
790
142

Revised.
Note.—Detail may not add to totals because of rounding.
1. A. Estimated in June of previous year.
B. Estimated in December of previous year.
C. Estimated in June of current year.
D. Estimated in December of current year.
E. Actual—reported in June of following year.
Source: U.S. Department of Commerce, Office of Business Economics.

258-583 O - 67 - 2

D

C

19 67

1906

1965

SURVEY OF CURRENT BUSINESS

10
year. In 1966, for example, expenditures were estimated on the basis of
reports filed in June and December of
1965 and in June and December of
1966; the final figure for 1966 will
become available from a survey to be
conducted in June 1967. The December surveys were introduced in 1965 in
order to provide more timely information.
Each of the five successive reports
filed by the corporations participating
in the surveys is based on a different
combination of various types of basic
data available to corporate officials,
such as appropriations, contracts placed,
obligations incurred, and actual expenditures. The reports filed in June
and December of the preceding year
must of course rely on appropriations
and other advance indicators of expenditures. At the other extreme, reports filed for a given year in June of

May 1967

the following year are based on actual
expenditures. The two intermediate
reports are based on a mixture of
anticipatory and actual data.
It is believed that the use of advance
indicators results in reporting biases of
a recurring type. Accordingly, better
forecasts of year-to-year changes in
expenditures are likely to be obtained
if one compares the figures reported in
surveys conducted 1 year apart. To
make the analysis easier, the tables
identify comparable estimates by the
letters A through E.

over the comparable estimate for 1965
(table 1: column D, 1966 vs. column
D, 1965). This is roughly the same as
the comparable increase in the June
survey (column C, 1966 vs. column
C, 1965). This suggests that investment plans of the foreign affiliates for
1966 were not changed during the latter
half of last year. The final figures for
1966 will become available from the
survey to be conducted in June of this
year. On the basis of experience with
the estimates for 1965, it is possible
that the level of actual 1966 expenditures will turn out to be somewhat
1966 expenditures
higher than the December reports
The reports received in December show.
of 1966 indicate that plant and equipA comparison of the reports received
ment expenditures of the foreign affili- in December 1966 with those received
ates of U.S. corporations in 1966 were a year earlier indicate that half of the
estimated to be about $8.7 billion, 1965-66 rise in plant and equipmentwhich would represent an increase of expenditures was in Western Europe
about $1.7 billion, or almost 25 percent, and about 30 percent in Canada. For all

Table 2.—Estimates of Plant and Equipment Expenditures of Foreign Manufacturing Affiliates of U.S. Companies, by Area and Selected
Industries—Summary of Surveys *
[Millions of dollars]

1965

A
All areas, total
Chemicals
Transportation equipment
Machinery
Other products

.

Canada, total
Chemicals
Transportation equipment
Machinery
Other products
_ _ _

__ _

Latin America, total
Chemicals
Transportation equipment
Machinery
Other products.- __

__

_ _ _

D

C

1967

1966

E

A

B

D

C

B

A

2,533

3,821

3,606

3,893

3,809

4,786

4,797

4,554

4,790

5,086

440
809
465
819

870
957
812
1,182

817
864
814
1,111

862
873
859
1,299

835
1,067
895
1,011

1,101
1,265
1,006
1,415

1,159
1,119
1,030
1,489

1,063
1,018
1,009
1,463

1,316
982
1,118
1,374

1,389
989
1,163
1,545

657

1,031

963

952

964

1,201

1,171

1,180

1,147

1,183

130
193
103
231

290
229
116
396

264
226
118
355

225
224
114
389

300
238
142
284

314
283
170
435

260
275
148
488

230
271
161
517

240
270
155
482

213
278
174
518

266

420

391

446

336

443

511

448

505

607

70
69
38
89

140
54
64
163

127
59
49
156

151
73
55
167

101
69
40
125

150
81
54
159

187
108
54
162

166
75
46
161

170
118
54
163

213
120
61
213

592

993

1,003

1,042

1,100

1,332

1,425

1,364

1,450

1,529

70
217
168
137

153
314
342
185

165
283
382
174

147
278
389
228

180
362
416
143

208
463
448
214

295
394
463
273

269
389
458
248

381
255
553
261

408
261
565
294

596

744

657

831

755

991

981

840

1,017

977

66
220
116
194

142
225
161
216

129
175
155
198

174
180
181
296

140
256
169
191

229
312
197
252

221
253
229
278

163
205
212
259

264
240
219
294

239
219
231
287

422

632

592

622

654

819

710

722

670

790

104
110
40
168

145
136
129
223

133
121
110
228

165
118
120
219

114
142
128
270

200
126
137
355

196
89
136
289

235
78
131
278

261
99
137
173

315
111
132
232

Europe:
Common Market, total.Chemicals
Transportation equipment
Machinery
Other products

_ .

Other Europe, total
Chemicals
Transportation equipment
Machinery
.
Other products
Other areas, total
Chemicals
Transportation equipment,
Machinery
Other products
Note.—Detail may not add to totals because of rounding.
1. A. Estimated in June of previous year.
B. Estimated in December of previous year.
C. Estimated in June of current year.




D. Estimated in December of current year.
E. Actual—reported in June of following year.
Source: U.S. Department of Commerce, Office of Business Economics.

SURVEY OF CURRENT BUSINESS

11

for about half of total capital outlays
by foreign affiliates, only a small rise
has been projected from 1966 to 1967,
after a very substantial rise in the
previous year. The slower pace of
expansion reflects a lesser gain in
Europe and little change in Canada
and "other" areas. All of these areas
1967 expenditures
experienced sizable increases from 1965
Plant and equipment expenditures for to 1966. However, in Latin America
1967 have been projected at about manufacturing investments are ex$10.2 billion—$1.4 billion or about pected to be up considerably in 1967,
one-sixth above the amounts projected after rising moderately the year before.
For all areas combined, outlays in
a year earlier for 1966 (table 1: column
the chemicals and machinery industries
B, 1967 vs. column B, 1966).
In manufacturing, which accounts are expected to show substantial in-

creases over last year, but in transportation equipment, a decline has been
projected. The modest rise projected
from 1966 to 1967 in European manufacturing investment is attributable to
gains in most of the Continental European countries, offset by some decline
in the United Kingdom.
A comparison of the estimates for
1967 with the corresponding estimates
for 1966 indicates that the increase in
outlays for petroleum and mining and
smelting from 1966 to 1967 should be
at least as great as any year-to-year
increase reported in the past.

May 1967

areas combined, manufacturing, with
a rise of about $1 billion, accounted
for well over half of the overall increase.
An increase of about $0,3 billion was
reported for the mining industries, and
somewhat less for the petroleum industry.

Table 3.—Estimates of Plant and Equipment Expenditures of Foreign Affiliates of U.S. Companies, by Major Country and Selected
Industry—Summary of Surveys l
[Millions of dollars]

A

D

C

19 67

19i66

1965
E

A

D

C

B

B

A

Manufacturing:
AH area, total

2,533

3,821

3,606

3,893

4,797

4,554

4,790

5,086

1 201

1 171

1,180

1,147

1,183

336
85
70
70
112

443
106
88
120
130

511
114
121
136
140

448
95
100
116
136

505
107
157
107
133

607
126
176
130
175

1 855
*118

2 323
*185

2 406

2,204

2,506

240
286
615
144
138
758
223

190
273
622
128
150
644
197

2,467

294
627
118
108
786
205

156
345
657
162
129
801
217

205
339
643
162
180
746
232

3 809

Canada .

657

1 031

963

952

964

Latin America, total
Argentina
Brazil
Mexico
Other countries

266
64
54
59
89

420
100
64
122
134

391
97
55
104
136

446
101
72
141
132

1 188
35
133
335
52
37
512
84

1 737

1 660
* 89

1 873

97
44
53

Asia, total
India
Japan.. _
Other countries

Europe, total
Belgium and Luxembourg
France
Germany
Italy .
Netherlands _
United Kingdom. .
Other countries
_._

_

_

112
238
478
92
73
607
137

4 786

231
490
102
91
509
148

113
243
508
110
68
653
178

92
48
44

88
47
41

88
45
43

97
36
61

113
44
68

89
27
62

83
28
55

58
32
26

80
50
29

157
26
73
58

267
47
160
60

258
43
149
66

292
67
168
57

218
31
123
64

347
84
158
104

311
84
144
82

354
131
144
79

378
82
126
170

430
77
165
188

Oceania, total.
Australia
Other countries
Petroleum:

168

274

159
9

9fi3

11

245
233
11

242
231
11

339
327
12

359
343
16

309
294
15

284
269
15

235
230
5

280
274
6

All areas, total . . .

Africa, total
Republic of South Africa
Other countries

225
535
110
112
651
104

2 005

2 350

2 364

2 267

2 330

2 680

2 727

2 600

2,936

3,373

Canada

360

377

490

503

358

426

552

609

570

665

Latin America, total
Venezuela..
Other countries _.

313
175
138

368
172
196

313
134
179

307
130
177

334
166
168

378
175
203

336
150
186

282
128
154

391
169
222

366
147
220

Europe, total
France
Germany
Italy
United Kingdom
Other countries

576
60
80
82
175
179

728
105
124
82
214
203

673
88
106
84
185
210

603
75
97
75
177
179

776
99
98
77
235
267

972
125
221
99
250
278

873
127
161
99
220
266

873
123
163
112
202
273

940
90
183
106
250
312

1,206

Africa

242

287

271

284

350

322

349

287

442

469

Asia
Middle East
Far East. ...

433
170
263

441
203
238

462
235
226

430
233
197

377
146
231

473
241
232

500
246
254

430
227
203

462
249
213

486
270
216

81

149

155

140

135

109

117

118

131

181

Oceania and International Shiooinj?

_

Note.—Detail may not add to totals because of rounding.
1. A. Estimated in June of previous year.
B. Estimated in December of previous year.
C. Estimated in June of current year.
D. Estimated in December of current year.
E. Actual—reported in June of following year.
Source: U.S. Department of Commerce, Office of Business Economics.




130
250
101
348
377

SURVEY OF CURRENT BUSINESS

12

May 1967

Table 4.—Summary of Results of Surveys of Foreign Plant and Equipment Expenditures
[Millions of dollars]

1962

1963

1964

1965

1966

1967

AH industries:
A.
B.
C.
D.
E.

June o f previous year
December of previous year r
June of current year
_
December of current year. _.
June of following year

4,499
n.a.
4,762
n.a.
4,618

4,565
n.a.
4,929
n.a.
5,068

4,527
n.a.
5,864
n.a.
6,199

5,687
n.a.
7,372
7,078
7,531

7,323
8,824
9,162
8,745
n.a.

9,210
10,211
n.a.
n.a.
n.a.

Ratio of est. B to est. A
Ratio of est. C to est. A
Ratio of actual E to est. A..
Ratio of est. D to est. C
Ratio of actual E to est. C._
Ratio of actual E to est. D..

n.a.
1.06
1.03
n.a.
.97
n.a.

n.a.
1.08
1.11
n.a.
1.03
n.a.

n.a.
1.30
1.37
n.a.
1.06
n.a.

n.a.
1.30
1.32
.96
1.02
1.06

1.20
1.25
n.a.
.95
n.a.
n.a.

1.11
n.a.
n.a.
n.a.
n.a.
n.a.

A. June of previous year
B. December of previous year..
C. June of current year
D. Dec< mb T of current year...
E. June of following year

1,794
n.a.
1,829
n.a.
1,628

1,811
n.a.
1,950
n.a.
1,889

1,653
n.a.
1,940
n.a.
2,073

2,005
n.a.
2,350
2,364
2,267

2,330
2,680
2,727
2,600
n.a.

2,936
3,373
n.a.
n.a.
n.a.

Ratio of est. B to est. A
Ratio of est. C to est. A
Ratio of actual E to est. A._
Ratio of est. D to est. C
Ratio of actual E to est. C..
Ratio of actual E to est. D _

n.a.
1.02
.91
n.a.
.89
n.a.

n.a.
1.08
1.04
n.a.
.97
n.a.

n.a.
1.17
1.25
n.a.
1.07
n.a.

n.a.
1.17
1.13
1.01
.96
.96

1.15
1.17
n.a.
.95
n.a.
n.a.

1.15
n.a.
n.a.
n.a.
n.a.
n.a.

June of previous year
December of previous year..
June of current year
December of current year...
June of following year

1,706
n.a.
1,866
n.a.
2,042

1,735
n.a.
2,057
n.a.
2,251

1,971
n.a.
2,730
n.a.
3,007

2,533
n.a.
3,821
3,606
3,893

3,809
4,786
4,797
4,554
n.a.

4,790
5,086
n.a.
n.a.
n.a.

Ratio of est. B to est. A
Ratio of est. C to est. A
Ratio of actual E to est. A _ Ratio of est. D to est. C
Ratio of actual E to est. C_.
Ratio of actual E to est. D..

n.a.
1.09
1.20
n.a.
1.09
n.a.

n.a.
1.19
1.30
n.a.
1.09
n.a.

n.a.
1.39
1.52
n.a.
1.10
n.a.

n.a.
1.51
1.54
.94
1.02
1.08

1.26
1.26
n.a.
,95
n.a.
n.a.

1.06
n.a.
n.a.
n.a.
n.a.
n.a.

A. June of previous year
B. December of previous year..
C. June of current year
D. December of current year...
E. June of following year

999
n.a.
1,067
n.a.
948

1,019
n.a.
922
n.a.
928

903
n.a.
1,194
n.a.
1,119

1,149
n.a.
1,201
1,108
1,371

1,184
1,358
1,638
1,592
n.a.

1,484
1,753
n.a.
n.a.
n.a.

Ratio of est. B to est. A
Ratio of est. C to est. A
Ratio of actual E to est. A
Ratio of est. D to est. C
Ratio of actual E to est. C..
Ratio of actual E to est. D..

n.a.
1.07
.95
n.a.
.89
n.a.

n.a.
.90
.91
n.a.
1.01
n.a.

n.a.
1.32
1.24
n.a.
.94
n.a.

n.a.
1.05
1.19
.92
1.14
1.24

1.15
1.38
n.a.
.97
n.a.
n.a.

1.18
n.a.
n.a.
n.a.
n.a.
n.a.

Petroleum:

Manufacturing:
A.
B.
C.
D.
E.

Other industries:

n.a.—not available 'revised.
Source; U.S. Department of Commerce, Office of Business Economics.




Corporate Output, Prices, Costs, and Profits

CHART 4

Prices, Costs, and Profits Per Unit
of Real Corporate Product
Price per unit of real product rose
1 percent in the first quarter
Dollars
1.15

Total Price Per Unit
1.10 - -

1.05

I

1.00

i

I

I

I

I

i

I

I

I

I

I

I

I

I

Unit labor costs rose about 2l/i percent...
.75

Compensation of Employees Per Unit
.70 _

.

.65

.60

I

i

I

I

I

II

i

I

I

I

I

I

I

I

and nonlabor costs were higher
Nonlabor Costs Per Unit
.25

.20
I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

Unit profits declined
.25

Profits (Before Tax) and IVA Per Unit
.20

.15

I

I
1964

I

I

I

I

I

I

1965

I

I

1966

1967

Quarterly, Seasonally Adjusted

U.S. Department of Commerce, Office of Business Economics




67-5-4

A NEW series on gross product originating in nonfinancial corporations in 1958
dollars—together with the associated information on prices, unit costs, and unit
profits—is presented in the adjacent
tables annually from 1948 through 1966.
Quarterly totals, seasonally adjusted at
annual rates, are also shown from the
first quarter of 1948 through the opening
quarter of 1967. The tables also contain
the previously published current dollar
information on the output, costs, and
profits of nonfinancial corporations.
Gross product originating in nonfinancial corporations measures the contribution of the domestic operations of
such firms to the gross national product.
It is defined as the sales of these firms to
other businesses and to consumers, government, and foreigners plus the change
in their inventories, less purchases from
other firms, both domestic arid foreign.
Alternatively, gross product originating in nonfinancial corporations may be
defined as the sum of incomes and other
charges to gross product: capital consumption allowances; indirect business
taxes less subsidies plus business transfer payments; compensation of employees; net interest; and corporate
profits and inventory valuation adjustment. In this report, estimates of gross
corporate product have been developed
on the basis of the latter definition.
Real gross product originating in nonfinancial corporations is equal to the
current period quantities of gross corporate product valued at 1958 prices.
Current dollar cost per unit of 1958
dollar gross product originating in nonfinancial corporations measures the
costs incurred and profits earned in
producing one 1958 dollar's worth of
output in a given period. Current dollar

cost per unit of constant dollar output
may also be viewed as the implicit price
deflator for the value of nonfinancial
corporation output.
The annual implicit price deflator for
the value of nonfinancial corporation
output was developed from the industry
value-added deflators discussed in the
April 1967 SURVEY, and therefore takes
account of price changes of products
and services sold by corporations and
price changes of the intermediate products and services purchased by corporations. In effect, the change in buying
prices is netted out from the change in
selling prices. This annual implicit price
deflator is interpolated quarterly by the
implicit price deflator for nonfarm business output.
Nonfinancial corporations include all
corporations operating in the United
States except commercial banks, mutual
savings banks, savings and loan associations, credit unions, finance companies, security and commodity brokers, regulated investment companies,
and insurance carriers. The figures on
capital consumption allowances and undistributed profits shown here differ
from those in table 1 on page 14 because
the latter exclude corporate farms and
include profits remitted from foreign
operations of U.S. corporations.
The data in these tables will be shown
in the SURVEY in the third month after
the end of each quarter. A preliminary
estimate will be released to the press
during the second month after the end
of the reference quarter. Those who
would like to receive the preliminary
estimate regularly should write to the
National Income Division, Office of
Business Economics, U.S. Department
of Commerce, Washington, D.C. 20230.
13

SUEVEY OF CURRENT BUSINESS

14

May 196,7

Table 1.—Nonfinancial Corporations: Cross
1948

Line

1949

1950

1952

1951

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1963

1964

1965

1966

[Billions of dollars]
1

Gross product originating in non financial
corporations.

137.0

133.:ll

151. 7

174.3

182.0

194.7

2
3

Capital consumption allowances
.__
Indirect business taxes plus transfer payments
less subsidies.
Compensation of employees.
Wages and salaries
Supplements to wages and salaries
Net interest.
Corporate profits and inventory valuation adjustment.
Profits before tax
Profits tax liability
Profits after tax
. . ..
Dividends
Undistributed profits
Inventorv valuation adjustment

6.9
12.1

12. e)

7.*I

8.6
14.0

10.1
15.2

11.3
16.8

12.9
18.2

87.6
83.6
4.0
.9
29.6

85.1
80.?>
4.S5
l.C)
26. *

94.6
89.1
5.5
.9
33.5

110.0
103.2
6.8
1.1
37.9

118.0
110.8
7.2
1.2
34.7

128.4
120.6
7.8
1.3
33.9

31.8
11.9
19.9
6.5
13.4
—2.2

24. <>
9.£>
15.4I
6.{
8.£>
l.t)

38.5
16.7
21.7
7.9
13.8
—5.0

39.1
21.0
18.1
7.8
10.3
— 1.2

33.8
17.8
16.0
7.8
8.1
1.0

34.9
18.5
16.4
8.0
8.4
-1 0

4
5
6
7
8
9
10
11
12
13
14

191.6 216.3

14.7
17.4

17.1
19.2

231.2

241.9 236.0 263.7 273.1 278.4 302.8 320.0 345.3 374.6 407.7

18.5
20.8

20.4
22.4

21.5
22.8

23.0
24.6

24.3
26.4

25.6
27.7

29.3
29.7

31.0
31.5

32.9
33.3

35.3
35.8

37.8
37.3

126.2 138.2 151.0 158.7 155.6 170.6 179.0 181.3 194.7 204.4 218.7 235.5 259.3
117.9 128.7 140.3 146.7 143.5 156.4 163.3 165.0 176.2 184.5 197.3 212.3 231.5
8.2
9.4 10.8 12.0 12.1 14.3 15.7 16.3 18.5 19.9 21.4 23.2 27.8
2.2
3.0
4.1
1.6
1.7
2.7
2.7
3.5
4.5
5.2
5.9
6.5
1.6
31.8 40.3 39.1 38.3 33.5 42.8 40.3 40.3 45.0 48.6 55.2 62.1 66.9

32.1 42.0 41.8 39.8
15.7 19.8 19.8 18.9
16.3 22.2 22.1 20.9
8.2
9.4 10.1 10.4
10.5
8.1 12.8 11.9
-.3 — 1.7 —2.7 —1.5

33.7
16.3
17.5
10.2
7.3
-.3

43.2
20.8
22.5
10.9
11.6
— .5

40.1
19.5
20.6
11.6
9.0
.2

40.3
19.8
20.5
11.6
8.9
— 1

44.7
20.9
23.9
12.8
11.1
.3

49.1
22.9
26.2
14.3
11.9
—.5

55.6 63.6 69.0
24.3 27.5 29.8
31.3
36.1 39.3
14.6 16.2 17.8
16.8 19.9 21.5
— . 4 —1.5 -2.1

[Billions of 1958 dollars]
15

Gross product originating in non financial
corporations.

172.9

165. (»

186.4

203.5

219.8

207.1

213.4 237.2 244.0 247.2 236.0 260.8 267.1 270.6 292.9 308.0 329.0 354.5 377.6

[Dollars]
16

Current dollar cost per unit of 1958 dollar
gross product originating
in non financial corporations.3

0.793

0.80J>

0.814

0.857

0.879

0.886

17
18

Capital consumption allowances
Indirect business taxes plus transfer payments
less subsidies.
Compensation of employees
Net interest
. _ ._. . _
Corporate profits and inventory valuation adjustment.
Profits tax liability
Profits after tax plus inventory valuation
adjustment.

.040
.070

.04''
.<m)

.046
.075

.049
.075

.054
.081

.059
.083

.069
.081

.072
.081

.076
.085

.082
.090

.091
.097

.088
.094

.091
.099

.095
.103

.100
.101

.100 .100
.102 4 .101

.100
.101

.100
.099

.507
.005
.171

.514I
.00(}
.165I

.507
.005
.180

.541
.005
.186

.570
.006
.168

.584
.006
.154

.591
.007
.149

.582
.007
.170

.619
.007
.160

.642
.009
.155

.659
.011
.142

.654
.010
.164

.670
.011
.151

.670
.013
.149

.665
.014
.154

.664
.015
.158

.665
.016
.168

.664
.017
.175

.687
.017
.177

.069
.103

.05'r
.104I

.090

.103
.083

.086
.082

.084
.070

.074
.075

.084
.086

.081
.079

.076
.078

.069
.073

.080
.084

.073
.078

.073
.076

.071
.082

.074
.084

.074
.094

.078
.098

.079
.098

III

IV

19
20
21
22
23

.090

1955
I

II

0.898 0.912 0.948 0.979 1.000 1.011

IV

I

II

III

IV

I

II

1.034

1.039 1.050

III

IV

I

II

1.057

1.080

1959

1958

1957

1956
III

1.022 1.029

III

IV

I

II

[Billions of dollars, seasonally adjusted at annual rates]
1
2
3
4
5
6
7
8
9
10
11
12
13
14

Gross product originating in non financial
corporations.

208.0 214.5 219.1 224.3 226.4 229.5 231.1 237.5 242,4 242.6 243.7 238.7 229.2 228.7 237.3 248.3 257.7 268.5 263.1 265.1

Capital consumption allowances. .. . ._ _ _ 16.2 16.7 17.5 17.9 18.4 18.4 18.5 18.8 19.4
Indirect business taxes plus transfer payments
18.3 19.0 19.5 19.9 20.1 20.4 21.0 21.8 22.1
less subsidies.
Compensation of employees
132.4 136.7 140.0 143.6 147.3 149.9 151.3 155.6 158.2
Wages and salaries
123.5 127.4 130.4 133.8 137.0 139.3 140.4 144.5 146.5
9.0
Supplements to wages and salaries- _
9.9 10.4 10.6 10.9 11.2 11.7
9.3
9.6
2.0
Net interest
1.9
1.6
1.6
1.7
1.8
1.6
1.6
1.6
Corporate profits and inventory valuation ad39.5 40.5 40.5 41.4 39.0 39.1 38.5 39.4 40.7
justment.
Profits before tax . . _
40.6 41.3 42.7 44.1 41.9 42.7 39.7 42.4 43.1
Profits tax liability .
._
19.2 19.5 20.1 20.8 19.8 20.1 18.8 20.0 20.3
Profits after tax
21.4 21.9 22.6 23.3 22.1 22.6 20. S 22.4 22.8
Dividends
. _ _ _ . _ _ . _ . _. .
9.9 10.0 10. C 10.4 10.4
9.0
9.6
9.7
8.9
Undistributed profits
12.6 12.8 13.0 13.6 12.2 12.5 10. S 12.0 12.4
-3.0 -2.4
Inventory valuation adjustment
-1.1 -.9 -2.2 -2.8 -2.9 -3.6 -1.2

20.1
22.4

20.7
22.7

21.3
22.4

21.4
22.3

21.3
22.5

21.6
22.8

21.9
23.5

22.1
24.1

22.9
24.2

23.1
24.9

23.9
25.3

158.8 159.8 158.0 154.0 152.0 155.9 160.4 166.6 172.1 171.2 172.5
146.9 147.7 145.7 142.1 140.2 143.8 147.9 153.0 157.8 156.7 157.9
12.1 12.2 11.9
11.8
12.1 12.5 13.7 14.3 14.5 14.6
11.9
2.8
2.7
2.8
2.9
2.7
2.7
2.1
2.2
2.4
2.6
2.5
39.2 38.2 34.6 29.1 30.2 34.3 39.6 42.2 46.6 41.2 40.7

40.7 39.5
19.4 18.8
21.4 20.7
10.5 10.6
10.8 10.1
-1.5
-1.3

35.6
16.9
18.7
10.4
8.2
-.9

29.3
14.2
15.1
10.3
4.8
-.2

29.9
14.5
15.4
10.4
5.1
.3

34.6
16.7
17.9
10.2
7.7
-.2

40.5
19.4
21.1
9.9
11.2
-.9

43.0 48.0
20.6 22.9
22.4 25.1
10.5 10.8
14.3
11.9
-.8 -1.3

41.7
20.1
21.6
11.0
10.6
-.5

40.0
19.4
20.6
11.1
9.5
.7

[Billions of 1958 dollars, seasonally adjusted at annual rates]
15

Gross product originating in non financial 230.2 237.0 239.6 242.7 242.4 243.9 242.4 246.5 249.6 248.8 248.4 241.8 230.4 229.4 237.0 246.6 255.3 266.1 259.9 261.5
corporations.
[Dollars]

16

Current dollar cost per unit of 1958 dollar
gross product originating
in non financial corporations.3

17
18

Capital consumption allowances
Indirect business taxes plus transfer payments
less subsidies.
Compensation of employees
Net interest
Corporate profits and inventory valuation adjustment.
Profits tax liability
Profits after tax plus inventory valuation adjustment.

19
20
21
22
23

1

0.904 0.905 0.914 0.924 0.934 0.941 0.953 0.963 0.971




1.007

1.009 1.009

1.012

1.014

.070
.080

.071
.080

.073
.081

.074
.082

,076
.083

.076
.084

.07(>r
.08'

.076
.088

.078
.088

.081
.090

.083
.091

.088
.093

.093
.097

.093
.098

.091
.096

.089
.095

.086
.094

.086
.091

.089
.096

.091
.097

.575
.007
.172

.577
.007
.171

.584
.007
.169

.592
.007
.170

.608
.007
.161

.615
.007
.160

.624I
.00'r
.151)

.008

.631
.160

.634
.008
.163

.638
.008
.158

.644
.009
.154

.653
.010
.143

.668
.011
.126

.663
.011
.132

.658
.012
.145

.650
.012
.161

.653
.011
.165

.647
.010
.175

.659
.010
.159

.660
.011
.156

.083
.088

.082
.089

.084
.085

.086
.085

.082
.079

.083
.078

.07*J
.08 L

.081
.079

.081
.082

.078
.080

.076
.078

.070
.073

.061
.065

063
.069

.070
.074

.079
.082

.081
.085

.086
.089

.077
.081

.074
.082

Excludes gross product originating in the rest of the world.
First quarter 1967 corporate profits (and related components and totals) are preliminary
and subject to revision in next month's SURVEY.
2

0.975 0.981 0.987 0.995 0.997 1.002

3
This is equal to the deflator for gross product of nonfinancial corporations, with the decimal
point shifted two places to the left.
Source: U.S. Department of Commerce, Office of Business Economics.

SURVEY OF CURRENT BUSINESS

May 1967

15

Product and Unit Costs ]

I

II

III

IV

I

II

III

IV

I

III

II

1952

1951

1950

1949

1948

IV

I

II

III

IV

I

II

1953

III

I

IV

II

1954

III

IV

I

II

III

Line

IV

[Billions of dollars, seasonally adjusted at annual rates]
133.2 136.1 138.4 140.5 137.0 133.0

133.8 129.5 137.0 146.2 157.9 165.6 171.1 173.4 175.0 178.0 179.3 177.8 179.9 191.5 195.8 197.8 196.8 188.3 188.5 189.1 190.8 197.7

1

6.5
11.6

6.8
12.1

7.0
12.3

7.3
12.4

7.5
12.4

7.7
12.6

7.9
12.8

8.1
12.7

8.4
13.0

8.4
13.7

8.8
15.1

13.8 14.0 14.4 14.8 15.5
18.1 17.5 17.4 17.2 17.5

2
3

85.6
81.7
3. 9
.9
28.5

86.4 89.0
82.4 85.0
A ft
3. 9
4.
U
.8
.9
30.1 29.3

89.4
85.4
4. 0
.8
30.6

87.4
83.4
4. 1
.9
28.8

85.3
81.2
4. 2
1.0
26.4

84.4
80.2
1.0
27.7

83.2
78.9
4. 3
1.0
24.5

86.9
81.9
4. 9
.9
27.7

91.7
86.5
5. 2
.9
31.5

97.4 102.2 107.1 110.2 110.8 112.2 115.1 115.2 117.4 124.2 127.1 129.4 129.4 127.7 126.2 125.3 125.0 128.1
116.8
91.8 96.2 100.5 103.4 103.9 105.1 108.0 108.1 110.2 116.8 119.5 121,6 121.4 119.7 118.1 117.2
119.74
o 9
o 1
i
o 9
0 ft
O. £
O.
o. & 8 . 4
o. U
O. U
5. 6
6. 0
6.8
6.9
6. 5
7. 1
1.2
1.2
1.2
.9
1.0
.9
1.2
1.2
1.0
1.1
1.3
1.3
1.4 1.4 1.5 1.6 1.8
1.1
35.7 39.1 38.1 37.7 37.9 38.4 36.1 33.6 32.9 36.7 37.4 36.2 34.7 27.4 29.5 30.5 32.1 34.9

4
5
6
7
8

30.7 27.4
11.5 10.4
19.1 17.0
6.8
6.6
12.4 10.4
-.1 1.4

23.6
9.0
14.6
6.5
8.1
2.8

24.7
9.4
15.3
6.3
9.0
3.0

24.3
9.3
15.0
6.6
8.4
.2

28.4 34.8 43.0 47.6 46.8 38.7
12.5 15.1 18.7 20.6 24.8 20.8
15.9 19.7 24.3 27.0 22.0 17.9
8.2
7.4
8.6
7.5
7.8
7.5
8.4 12.2 16.2 18.4 14.5 10.1
-.7 -3.3 -7.3 -8.5 -8.7 -1.0

31.4 32.9
2.1
11.7 12.3 12.0
0.1
19.7 20.7
6.2
6.6
6.6
13.1 14.4 13.5
-2.9 -2.9 -2.8

A. /
9
4.

9.0
14.4

9.4
15.5

9.9
14.7

10.3
15.0

10.7
15.6

10.8
16.1

11.1
16.7

11.4
17.0

12.0
18.0

11.7
17.5

12.6
18.4

13.2
18.3

0

34.4
18.6
15.8
7.7
8.1
3.5

36.9
20.0
16.9
7.8
9.1
1.5

34.8
18.3
16.5
7.3
9.2
1.3

32.4
17.1
15.3
7.9
7.4
1.2

32.2
17.0
15.2
7.8
7.4
.7

36.0
18.9
17.1
8.0
9.1
.8

f\

37.8 37.8 36.7
19.9 19.9 19.4
17.9 17.8 17.3
8.2
7.6
8.3
9.2
10.3
9.5
-.4 -1.6 -2.0

27.3 29.5 30.6 32.8 35.4
14.7 14.5 15.0 16.1 17.4
12.7 15.0 15.6 16.7 18.0
8.0 8.5 7.8 8.2 8.3
4.6 6.6 7.7 8.6 9.8
.0
.0
.0 -.7 -.5

9
10
11
12
13
14

[Billions of 1958 dollars, seasonally adjusted at annual rates]
171.0 173.5 173.4 173.8 169.9 165.5 166.4 160.7 171.5 181.6 192.6 199.1 200.7 202.8 204.5 206.3 205.9 203. 5 204.4 215.1 220.1 223.4 222.2 213.4 210.2 210.8 213.0 219.3

15

[Dollars]
0.775 0.785 0.798 0.808 0.806 0.804 0.804 0.806 0.798 0.805 0.820 0.832 0.852 0.855 0.856 0.863 0.871 0.874 0.880 0.890 0.889 0.886 0.886 0.882 0.897 0.897 0.896 0.902

16

.038
.068

.039
.070

.040
.071

.042
.071

.044
.073

.047
.076

.047
.077

.050
.079

.049
.076

.046
.075

.045
.078

.045
.072

.047
.077

.049
.073

.050
.073

.052
.076

.053
.078

.055
.082

.056
.083

.054
.082

.055
.082

.056
.082

.059
.082

.065 .066 .068 .070 .070
.085 .083 .082 .081 .080

17
18

.501
.005
.167

.498
.005
.173

.513
.005
.169

.514
.005
.176

.514
.006
.169

.516
.006
.160

.507
.006
.166

.518
.006
.152

.507
.006
.161

.505
.005
.174

.506
.005
.186

.514
.005
.196

.534
.005
.190

.543
.005
.186

.542
.005
.185

.544
.005
.186

.559
.006
.175

.566
.006
.165

.575
.006
.161

.578
.006
.171

.577
.006
.170

.580
.005
.162

,582
.006
.156

.598 .600 .594 .587 .584
.007 .007 .007 .008 .008
.128 .140 .145 .151 .159

19
20
21

.068
.098

.071
.103

.069
.100

.066
.110

.061
.108

.055
.105

.057
.110

.058
.095

.073
.089

.083
.090

.097
.088

.103
.093

.124
.066

.102
.083

.091
.094

.097
.089

.089
.086

.084
.081

.083
.078

.088
.083

.090
.079

.039
.073

.087
.069

.069 .069 .071 .075 .079
.060 .071 .074 .075 .080

22
23

1960

I

II

1961

III

IV

I

II

1962

III

IV

I

II

1964

1963

III

IV

I

II

III

IV

I

II

1966

1965

III

IV

I

II

III

IV

I

II III

1967

IV

Line

I2

[Billions of dollars, seasonally adjusted at annual rates]
276.4 276.0 272.4 267.5 266.1 275.1 280.9 291.0 296.6 301.3 305.1 308.4 311.0 317.3 323.2 328.6 335.7 342.4 349.9 353.3 365.8 369.5 376.5 386.7 397.7 404.0 409.8 419.3 418.7
24.3
26.1

24.3
26.4

24.3
26.5

24.3
26.7

24.8
26.8

25.4
27.5

25.8
28.0

26.3
28.8

28.9
29.1

29.2
29.4

29.4
29.9

29.8
30.3

30.2
31.0

30.9
31.3

31.1
31.6

31.7
32.1

32.1
32.2

32.6
33.0

33.3 33.9 34.2 35.0 35.8 36.3 36.8 37.5 38.1 38.7 39.3
33.9 34.3 35.5 35.5 35.8 36.3 35.7 36.9 37.7 38.8 39.2

179.4 180.5 179.3 176.7 176.3 179.3 182.6 186.9 190.7 194.5 196.2 197.5 200.1 202.9 205.7 209.0 212.4 216.7 221.2 224.4 229.4 232.8 236.9 243.0 251.6 256.6 261.8 267.0 270.8
163.8 164.8 163.6 161.0 160.5 163.2 166.1 170.1 172.7 176. 1 177.5 178.6 180.7 183.1 185.7 188.5 191.9 195.7 199.5 202.2 206.9 209.9 213.5 219.0 224.8 229.1 233.7 238.2 240.9
15.6 15.7 15.7 15.7 15.8 16.1 16.4 16.8 18.0 18.4 18.7 18.9 19.4 19.7 20.1 20.4 20.6 21.1 21.6 22.2 22.5 22.9 23.4 24.0 26.8 27.4 28.1 28.8 29.9
2.9
2.9
3.1
3.3
3.4
3.3
3.6
4.4
3.8
3.9
4.0
4.2
4.2
4.4
4.6
5.2 5.5 5.6 5.8 6.0 6.3 6.3 6.5 6.6 6.7 6.7
4.8
4.9
5.0
43.7 41.9 39.2 36.5 35.0 39.4 41.0 45.3 44.0 44.2 45.4 46.4 45.5 47.8 50.1 51.0 54.1 55.0 56.3 55.3 61.1 60.4 61.9 64.9 67.3 66.6 65.6 68.2 62.7

44.4
21.5
22.9
11.5
11.4
-.6

42.1
20.5
21.6
11.7
9.9
-.2

38.0
18.5
19.5
12.0
7.5
1.2

36.1
17.7
18.4
11. 7
6.7
.5

35.0
17.3
17.7
11.4
6.3
-.1

38.9
19.1
19.8
11.4
8.5
.5

41.3
20.3
21.0
11.4
9.6
-.3

45.6
22.2
23.4
11.9
11.5
-.3

44.1 44.2
20.5 20.6
23.6 23.6
12.0 12.6
11.6 10.9
-.1
.0

45.2
21.1
24.2
13.0
11.2
.1

45.5
21.3
24.2
13.1
11.1
.9

45.3
21.3
24. 1
13.8
10.3
.2

48.8
22.7
26.0
14.3
11.8
-.9

49.9 52.3
23.2 24.3
26.7 28.0
14.5 14.8
12.2 13.2
.2 -1.3

54.6
24.0
30.7
14.4
16.3
-.5

55.3
24.2
31.1
14.5
16.6
-.3

56.3
24.6
31.7
14.5
17.2
.0

56.2 62.4 62.2
24.4 27.1 27.0
31.7 35.3 35.2
14.8 15.0 15.7
16.9 20.2 19.5
-.9 -1.3 -1.8

62.9
27.2
35.8
16.6
19.2
-1.0

66.7
28.5
38.2
17.5
20.7
-1.8

70.1
30.2
39.9
17.7
22.2
-2.8

69.5
30.0
39.5
18.0
21.5
-2.9

68.3
29.5
38.8
17.9
20.9
-2.8

68.2
29.3
38.9
17.5
21.4
.0

63.5
27.6
35.9
18.3
17.6
-.8

9
]
10
1
11
1
12
]
13
1

[Billions of 1958 dollars, seasonally adjusted at annual rates]
271.4 270.0 266.2 260.9 258.8 267.0 273.6 282.3 287.0 291.1 295.4 298.3 299.9 305.2 311.2 315.8 321.5 326.4 333.0 334.9 346.5 349.7 356.4 365.2 373.7 375.0 378.3 383.6 379.8

15

[Dollars]

0.018 1.022 1.023 1.026 1.028 1.030 1.027 1.031 1.034 1.035 1.033 1.034 1.037 1.040 1.038 1.040 1.044 1.049 1.051 1.055 1.056 1.057 1.056 1.059 1.064 1.077 1.083 1.093 1.102

16

.090 .090
.096 .098

.091
.099

.096
.103

.095
.103

.094
.102

.101
.101

.100 .100 .100
.101 .101 .102

.101
.104

.101
.103

.100 .100 .100 .100 .100 .101 .099 .100 .101 .099 .098 .100 .101 .101 .103
.102 .102 .100 .101
102 .102 .103 .102 .100 .099 .096 .098 .100 .101 .103

17
18

.661
.011
.161

.669
.011
.155

.674 .678 .681
.012 .012 .013
.147 .140 .135

.672
.013
.147

.667 .662 .665
.013 .014 .013
.150 .160 .153

.668 .664 .662
.014 .014 .015
.152 .154 .156

.667
.014
.152

.665
.014
.157

.661
.015
.161

.662 .661
.015 .015
.162 .168

.664
.015
.169

.664 .670 .662 .666 .665 .665 .673 .684 .692 .696 .713
.016 .016 .016 .016 .017 .017 .017 .017 .017 .017 .018
.169 .165 .176 .173 .174 .178 .180 .177 .173 .178 .165

19
20
21

.079
.082

.076
.079

.070 .068 .067
.078 .072 .068

.072
.076

.074
.076

.071
.081

.074
.082

.075
.086

.077
.085

.074 .074 .073 .078 .077 .076 .078 .081 .080 .078 .076 .073
.095 .095 .082 .098 .096 .098 .100 .099 .097 .095 .101 .093

22
23

.093
.103




.093
.102

.079 .071 .071
.082 .082 .081

.071
.082

,072
.084

.074
.094

SURVEY OF CURRENT BUSINESS

16

May 1967

THESE tables contain the revised
and updated statistics that have appeared in previous May issues of the
SURVEY.
There have been two major changes
in the public and private debt statistics (table 6): Participation certificates

issued by Federal Government agencies
have been added to Federal agency
debt; and there has been a substantial
revision in the estimates of mortgage
debt secured by multifamily residential
and commercial properties.
The mortgage debt revision reflects

Table 1.—Sources and Uses of Funds, Nonfarm Nonfinancial Corporate Business, 1964-66
[Billions of dollars]

Table4.—Persons' Financial Asset Accumulation and Debt Operations, 1962-66

Financial Tables

[Billions of dollars]
1966

1964

1965

1966

I

II

IV

III

Seasonally adjusted at annual
rates
Sources, totalInternal sources l
Undistributed profits !
Corporate inventory valuation adjustment
Capital consumption allowances!

__

External sources _ _ _
-Stocks
Bonds
- - -.- -_Mortgages
- _ _ . _
Bank loans, n.e.c _
_____
_ _
Other loans
Trade debt
Profits tax liability
_
Other liabilitiesUses, total

--

_ _ _ _ _ _

_ _ _ ___

Purchases of physical assets
Nonresidential fixed investment
Residential structures
Change in business inventories

_ _ _ _ _ _ ___

Increase i nf i n a n c i a lassets 2
Liquid assets
Demand deposits and currency
Time deposits _
_
U.S. Government securities
Finance company paper
Consumer credit
Trade credit
Otherf i n a n c i a lassets
_

_________
_
___ _ _

_ _

_

_ _ _ _ _ _

Discrepancy (uses less sources)

__

_ __

70.5

88.1

96.1

98.2

104.0

89.4

92.9

50.8
18.5
-.4
32.8

55.3
21.7
-1.5
35.1

58.7
23.3
-2.1
37.5

57.7
24.0
-2.8
36.6

57.8
23.4
-2.9
37.3

57.9
22.8
-2.8
37.9

61.4
22.9
.0
38.5

19.7
1.4
4.0
3.3
3.6
1.3
3.4
.9
1.8

32.7
.0
5.4
3.2
9.3
1.3
7.3
2.0
4.2

37.4
1.2
10.2
2.1
7.6
2.1
7.7
-.4
6.8

40.4
-.5
12.4
3.4
6.3
2.3
8.2
2.6
5.8

46.2
5.9
9.3
3.1
14.5
2.5
11.4
-7.5
7.2

31.5
.9
10.8
1.4
4.8
.2
5.3
2.8
5.3

31.4
-1.5
8.4
.5
5.1
3.4
5.9
.7
9.0

67.2

87.4

93.5

95.0

102.5

87.9

88.8

52.2
44.1
3.7
4.4

61.9
51.3
3.9
6.8

73.2
59.4
2.9
10.9

68.6
57.0
4.0
7.5

73.3
58.5
3.8
11.1

73.7
60.9
2.2
10.6

77.3
61.0
1.7
14.5

14.9
.7
-2.5
3.2
-1.4
1.5
1.0
9.1
4.0

25.4
.6
-1.9
3.9
-2.1
.7
1.2
13.7
9.3

20.3
1.1
.7
-.7
-1.2
2.3
1.1
10.9
6.5

26.4
10.5
4.0
4.1
-.2
2.7
2.5
10.7
1.9

29.1
2.2
1.6
1.7
-2.1
1.0
1.0
16.8
8.4

14.2
-2.6
-.7
-3.9
-1.0
3.0
.8
9.0
6.2

11.6
-5.5
-2.0
-4.6
-1.3
2.4
-.1
7.0
9.4

-3.3

-.7

-2.6

-3.2

-1.5

-1.5

-4.0

Line
No.

of corresponding U.S. remittances to foreigners; and (2) these
figures exclude, and the gross corporate product figures
include, the internal funds of corporations whose major
activity
is farming.
2
Includes some categories not shown separately.

cumulation

3
4
5

8

9
10
11
12
13
14

16
17

20

[Billions of dollars]
21

1 Gross investment
in tangible assets. 37.5
2
3

4
5
6

Nonfarm homes. _ 18.7
Noncorporate
business construction,
equipment,
and inventories _ 18.8
Borrow ing
Nonfarm homes,
gross of amortization___ _
Other debt

1963

1964

1965

1966

39.1 39.5
19.0

19.6

43.5
19.5

42.9

[Billions of dollars]
1962

20.1

19.9

24.0

23.2

36.2

40.5

43.9

47.5

36.1

23.6
12.6

27.2
13.3

29.0
14.9

29.7
17.8

28.7
7.4

Personnal consumption
expenditures, total
Durables only

1963

23

24

19.7

Sources: Securities and Exchange Commission, Federal
Home Loan Bank Board, and U.S. Department of Commerce, Office of Business Economics.




22

Table 3.—Personal Consumption Expenditures and Related Financial Flows, 1962-66

1964

1965

1966

25
26

355.1 375.0 401.4 431.5 464.9
49.5 53.9 59.4 66.1 69.3

Consumer borrowing l
56.7 62 4
Secured by durables. __ 35.5 39.4

67.7
43.9

76.2
49.4

27

79.5
52.0

i Gross of payments on installment debt.
Sources: Board of Governors of the Federal Reserve System and U.S. Department of Commerce, Office of Business
Economics.

1

_

_ 37.0

42.4

49.3

52.5

41.1

10.7

11.7

13.0

12 4

4.5

4.8

5.3

4.4

1.7

2.0

2.1

2.2

4.5

4.9

5.6

5.8

27.1

31.6

37.6

39.4

28.8

28.0

31.3

31.5

35.2

13.7

Fixed-value
claims .
Currency
and demand deposits
Time deposits
Savings
shares
U.S. savings
bonds

7

19

1962

1965

Other financial
assets _

6

18

Line
No.

1964

Life insurance
and pension
reserves. _ _ 9.9
Private insurance reserves. 4.3
Private insured
pension re1.4
serves .
Private noninsured pension reserves.. 4.2

2

Source: Board of Governors of the Federal Reserve System.

Table 2.—Personal Investment and Related
Financing, 1962-66

1963

1966

1 Financial asset ac-

15
1
The figures shown here for "internal sources," "undistributed profits," and "capital consumption allowances"
differ from those shown for "cash flow, net of dividends,"
"undistributed profits," and "capital consumption allowances" in the gross corporate product table (p. 5 of this issue
of the SURVEY) for the following reasons: (1) these figures
include, and the statistics in the gross corporate product
table exclude, branch profits remitted from foreigners, net

1962

2.8

6 8

7 0

10.0

—3 3

14.9

11.6

12.3

15.3

12.0

9.9

11.7

11.3

9.3

4.4

.4

1.2

.9

.6

.6

Marketable se4.2
curities
.3
6.1
-.9
U.S. Government se1.8
.3
.7
curities
3.3
State and local government se2.4
2.4
.3
curities
1.8
Corporate
and other
2.3
.5
-.1
.9
bonds
Investment
company
2.1
1.6
2.0
2.0
shares
Other preferred and
common
-3.4 -4.3 -2.5 -4.4
stock
Retirement of
amortized
debt

15.1
9.5

3. 6
2.6
4.5

-5.1

61.7

67.5

74.5

81.8

88.1

11.1

12.3

13.4

14.3

15.3

50.6

55.2

61.1

67.5

72.8

New borrowing! _ 92.9 102.9 111.5 124.1

115.6

Nonfarm
homes
Consumer installment
credit. _ _ _ .
Nonfarm
homes and
business
Consumer and
security
credit
Net increase in
debt
Nonfarm homes
and business
Consumer and
security credit.
Financial asset accumulation less
increase in debt.

36.2

40.5

43.9

47.5

36.1

56.7

62.4

67.7

76.5

79.5

31.2

35.4

37.0

42.3

27.5

25.1

28.2

30.5

33.2

20.8

6.1

7.2

6.6

9.0

6.7

5.8

7.0

12.3

10.2

13.6

Gross of retirements.

Sources: Securities and Exchange Commission, Federal
Home Loan Bank Board and Board of Governors of the
Federal Reserve System.

SURVEY OF CURRENT BUSINESS

May 1967

the use of 1964 Internal Revenue
Service data on corporate liabilities
and on interest payments in the preparation of a new benchmark for this
series. The change in consolidation
requirements that became effective
with tax returns for 1964 made the

use of Internal Revenue Service data
in this estimate feasible for the first
time. A more detailed description of
the estimating technique employed for
these mortgages is available upon
request from the National Income
Division of the Office of Business
Economics.

17
Table 5.—Persons' Saving and Investment
and Related Transactions, 1962-66
[Billions of dollars]
Line
No.

1 Investment in
housing and noncorporate business (table 2,
linel)
2

Table 6.—Public and Private Debt, End of Calendar Year, 1962-66 l

3

[Billions of dollars]
Net debt

1962
Total public and private debt

1964

1965

1962

1966

1,016.7 1,089.5 1,166.4 1,257.6 1,346.1

Total public debt
Federal
Government
agency 3 * 5
Federal Government
Federal agency

1963

Gross debt
1963

1964

1965

1,176.1 1,256.6 1,342.3 1,435.5

Total private debt

1963

341.9

354.6

367.6

380.8

422.6

435.4

450.5

457.0

475.8

257.5
248.1
9.4

262.4
251.6
10.9

269.4
257.5
11.9

272.5
259.1
13.4

279.9
260.6
19.3

341.7
303.5
38.2

348.7
309.3
39.4

358.3
317.9
40.3

356.9
320.9
36.0

370.1
329.3
40.8

6

73.7
18.2
55.5

79.5
19.9
59.6

85.2
21.6
63.6

95.1
24.7
70.4

100.9
27.1
73.8

80.9
21.9
59.0

86.7
23.4
63.3

92.2
25.0
67.2

100.1
27.1
73.0

105.7
29.3
76.4

7

36.1

20.9

22.2

23.3

24. 4

67.7

76.5

79.,

1.9

5.4

5.1

4.8

5'

24.5

25.7

27. (

8 Total sources of
funds (lines
2+3+5+7)
134.3 143.6 158.2 173.0
9 Total uses of funds
less discrepancy
134.3 143.6 158.2 173.0
(line 1+4-6)

166.1

Equals: Personal
saving. .. 21.6

19.9

685.5

747.6

811.8

890.0

965.2

753.5

821.1

891.8

978.6

1,063.4

376.1
174.4
201.7
112.6
89.1

407.7
192.9
214.8
120.6
94.3

451.2
211.3
239.9
135.9
104.0

497.2
232.4
264.8
151.2
113.6

416.2
194.9
221.3
124.0
97.4

449.6
210.9
238.7
135.1
103.5

487.7
233.4
254.2
144.7
109.6

539.8
255.8
283.9
163.1
120.8

595.3
281.5
313.9
181.4
132.4

Railway corporations...
Long-term
Short-term
__
Notes and accounts payable
Other

11.5
9.5
2.0

11.7
9.5
2.2

11.7
9.5
2.2

11.6
9.4
2.2

11.6
9.4
2.2

13.0
10.7
2.3

13.2
10.8
2.4

13.3
10.8
2.5

13.2
10.7
2.5

13.2
10.7
2.5

.5
1.5

.5
1.6

.5
1.7

.5
1.7

.5
1.7

.6
1.7

.6
1.8

.6
1.9

.6
1.9

.6
1.9

Nonrailway corporations
Long-term 77 _ _ _ .
Short-term
_ __
Notes and accounts payable _
Other..
,.

336.7
151.7
185.0

364.4
164.9
199.5

396.0
183.4
212.6

439.6
201.9
237.7

485.6
223.0
262.6

403.2
184.2
219.0

436.4
200.2
236.2

474.4
222.6
251.7

526.6
245.2
281.4

582.1
270.8
311.4

102.8
82.2

112.1
87.4

120.0
92.6

135.4
102.3

150.7
111.9

123.4
95.6

134.5
101.7

144.0
107.7

162.5
119.0

180.8
130.5

337.3

371.5

404.1

438.8

468.0

337.3

371.5

404.1

438.8

468.0

30.2.
15.2
15.0

33.2
16.8
16.4

36.0
18.9
17.1

39.3
21.2
18.1

42.1
23.3
18.8

30.2
15.2
15.0

33.2
16.8
16.4

36.0
18.9
17.1

39.3
21.2
18.1

42.1
23.3
18.8

[Billions of dollars]

307.1
206.3
158.3

338.3
225.5
173.8

368.1
244.4
188.8

399.5
263.2
204.5

425.9
278.5
216.6

307.1
206.3
158.3

338.3
225.5
173.8

368.1
244.4
188.8

399.5
263.2
204.5

425.9
278.5
216.6

1962

48.0

51.7

55.6

58.7

61.9

48.0

51.7

55.6

58.7

61.9

100.8
19.3
18.3
63.2

112.8
21.5
20.8
70.5

123.8
23.9
21.5
78.4

136.2
25.7
22.6
87.9

147.4
28.8
23.8
94.8

100.8
19.3
18.3
63.2

112.8
21.5
20.8
70.5

123.8
23.9
21.5
78.4

136.2
25.7
22.6
87.9

147.4
28.8
23.8
94.8

Nonfarm, total.
Mortgage
1-4 family residential
Multifamily
residential
and commercial
Other nonfarm
Commercial
Financial 10
Consumer

9

1. Data for State and local gevernments are for June 30 of each year.
2. Estimates for the period 1916 through 1956 appear in the July 1960 SURVEY; data for 1957 may be found on p. 19 of the
May 1962 SURVEY, for 1958 on p. 16 of the May 1963 SURVEY, for 1959 on p. 17 of the May 1964 SURVEY, for 1960 on p. 10 of
the May 1965 SURVEY, and for 1961 on p. 12 of the May 1966 SURVEY.
3. Includes categories of debt not subject to the statutory debt limit.
4. Net Federal Government debt is defined as the gross debt outstanding less Federal Government securities held by
Federal agencies and trust funds, and Federal agency securities held by the U.S. Treasury and other Federal agencies. It
thus equals Federal Government, agency debt, and loan participations held by the public.
5. Details of Federal obligations may be found in the Treasury Bulletin.
6. Includes State loans to local units.
7. Long-term debt is defined as having an original maturity of 1 year or more from date of issue; short-term debt as having
an original maturity of less than 1 year.
8. Comprises debt of farmers and farm cooperatives to institutional lenders and Federal Government lending agencies,
and farm mortgage debt owed to individuals and others; farmers' financial and consumer debt is included under the "nonfarm" category.
9. Comprises debt incurred for commercial (nonfarm), financial, and consumer purposes, including debt owed by farmers
for financial and consumer purposes.
10. Comprises debt owed to banks for purchasing or carrying securities, customers' debt to brokers, and debt owed to life
insurance companies by policyholders.
SOURCES: U.S. Department of the Treasury; Board of Governors of the Federal Reserve System; Federal Home Loan
Bank Board; U.S. Department of Commerce, Bureau of the Census, and Office of Business Economics.

FOOTNOTES FOR TABLE 7
1. Data for 1929-44 may be found on p. 18 cf the September
1953 SURVEY, and for the 1945-56 period on p. 22 of the May
1957 SURVEY; estimates for 1957 are on p. 20 of the May 1962
SURVEY, for 1958 on p. 17 of the May 1963 SURVEY, for 1959
on p. 18 of the May 1964 SURVEY, for 1960 on p. 11 of the
May 1965 SURVEY, and for 1961 on page 12 of the May 1966
SURVEY.


258-583 O - 67 - 3


2. The corporate mortgage debt total is included in the
total corporate long-term debt outstanding (table 6).
3. Includes portfolio loans of the Veterans Administration.
4. The data represent mortgage loans on commercial and
residential property, excluding multifamily residential and
commercial property mortgage debt owed by corporations
to other affiliated nonfinancial corporations.

1?9 '

62.4

348.2
161.2
187.0
103.3
83.7

Farm, total 8
Farm mortgage
Farm production

123.8 134.3

56.7

Total, all corporations
__ .
Long-term 77
Short-term
Notes and accounts payable.
Other

Total individual and noncorporate debt
_ _

42. t

47.5

Less: Consumer
borrowing
(table 4,
line 23)
Statistical
discrepancy

331.2

1966

43.9

5

1,539.2

1965

40.5

Plus: Financial
assets and
debt retirement (table
4, lines
1-flS)
98.7 109.9

1966

1964

37.5 39.1 39.5 43.5

Less: Associated
borrowing
(table 2,
line 4)....
36.2
Capital consumption
allowances . 19.9

4

and

State and local governments 6
State governments
Local governments

1962

166. <

Sources: Board of Governors of the Federal Reserve
System, Securities and Exchange Commission, and U.S.
Department of Commerce, Office of Business Economics.

Table 7.—Total Nonfarm Mortgage Debt by
Borrowing and Lending Groups, by Type
of Property, 1962-66 l

1963

1964

1965

Total nonfarm residential
and commercial mort233.4 257.4 281.2 305.0
gages
2

41.7

1966

324.1

45.9

Corporate borrowers - 27.1 32.2 36.8
Noncorporate borrow206.3 225.2 244.4 263.3
ers

278.2

1-4 family residential
mortgage debt
... 166.5 182.2 197.6 213.7

225.4

Savings and loan
associations
Life insurance carriersMutual savings banksCommercial banks
Federal National
Mortgage Association
Individuals
and
others3
Multifamily residential
and commercial 4
Savings and loan
associations
-Life insurance carriersMutual savings banksCommercial banks
Federal National
Mortgage Association
Individuals and
others

87.0
28.7
27.4
27.2

94.8
29.9
30.1
30.4

98.2
31.0
31.8
33.0

69.8
26.4
22.1
22.1

79.1
27.3
24.7
24.9

5.2

4.0

3.8

4.2

6.3

20.9

22.2

23.4

24.4

25.0

66.9

75.3

83.6

91.3

98.7

9.0
17.1
10.1
10.3

11.9
19.4
11.5
12.2

14.3
22.1
13.1
14.1

15.4
25.3
14.5
16.4

15.9
28.5
15.6
18.6

.9

.8

.7

.6

.8

19.5

19.5

19.3

19.1

19.4

SOURCES: U.S. Department cf Agriculture, Agricultural
Research Service; Board of Governors of the Federal Reserve
System; Federal Home Loan Bank Board; and U.S. Department of Commerce, Office of Business Economics.

by ROBERT E. GRAHAM, JR., and EDWIN J. COLEMAN

Personal Income in Metropolitan Areas: A New Series
'ITH the publication here of estiWr
mates of personal income in 97 standard
metropolitan statistical areas (SMSA's)
for 5 selected years of the period
1929 to 1962, the Office of Business
Economics adds a new dimension to its
system of regional economic information.
This article contains the first official
estimates of total and per capita per-

CHART 5

Highest and Lowest
Per Capita Incomes Among SMSA's
and Non-SMSA's in 24-State Area,
1962
Dollars
Newark,
3,500 ~New Jersey SMSA"

3,000

2,500

sonal income in selected SMSA's for
the years 1929, 1940, 1950, 1959, and
1962 (table 1). Also included are
estimates for the non-SMSA portion of
each State. These were derived by summing the estimates for those counties
that lie outside of SMSA's. A breakdown of major sources of income is
shown for each area in table 2. Analytical measures are provided in tables
1 and 3, as well as in the text tables.
This report is part of a larger project
that will cover all SMSA's in the United
States. Because of the length of the
study and because the estimates are
prepared by groups of States, the results
are being presented in stages as they
become available. Estimates for the
SMSA's not covered here will be published in the SURVEY later this year.
Additional detail on industrial sources
of income in each SMSA is being
developed a<nd will be published when
completed. It is anticipated that the
series for all SMSA's will be updated to
1965 and 1966 during 1968, and be
continued thereafter on an annual
basis.
Personal income defined

2,000

Personal income is the current income received by persons in an area
from all sources. It is measured before
deduction of income tax and other
direct personal taxes, but after deduction of personal contributions to social
security, government retirement, and
other social insurance programs.
Personal income is the most comprehensive economic measure available on
a geographic basis. It includes the in-

1,500

1,000

500

U.S. Department of Commerce, Office of Business Economics

18

.




Note.—The SMSA estimates were prepared by Sandra
Bodine, Margaret Cannon, Vivian Conklin, Francis Dallavalle, Linnea Hazen, Jerry Lounsbury, Elizabeth Queen,
Roselee Roberts, George Smith, and Lyle Spat/.

come received from business, Federal
and State and local governments, households and institutions, and foreign
countries. It consists of wages and
salaries (in cash and in kind and including tips and bonuses as well as
contractual compensation), various
types of supplementary earnings termed
"other labor income" (the largest item
being employer contributions to private
pension and welfare funds), the net incomes of owners of unincorporated
businesses (farm and nonfarm), net
rental income, dividends, interest, and
government and business "transfer payments" (consisting in general of disbursements to persons for which no
services are rendered currently, such
as unemployment benefits and social
security payments).
Comparison with State totals

No State totals (or averages) are
shown in the accompanying tables,
and in those States where one or more
SMSA's cut across State boundaries,
none should be derived by summing
the figures for SMSA's and nonSMSA's. In such cases, the sum of
the SMSA's and non-SMSA's would
not equal OBE's State totals of personal income as published in the April
1967 SURVEY. Where an SMSA is
located in more than a single State,
the income of the entire SMSA is
listed in the State with which the
SMSA is generally identified. For
example, personal income in the Philadelphia SMSA includes income received by residents of both Pennsylvania and New Jersey. In these tables,
the total is classified under Pennsylvania since the SMSA is customarily
identified with that State. In the
State series, on the other hand, the

SURVEY OF CURRENT BUSINESS

May 1967

income referred to is allocated between
Pennsylvania and New Jersey according to the residence of its recipients.
It is important to note that income
in the non-SMSA area of each State
is unambiguous in this respect. Totals
derived by combining SMSA's and
non-SMSA's undoubtedly would be
meaningful in their own right. The
caveat given here against them is to
avoid having two different figures for
total personal income in a State.
Scope of the text
The text of the article is intended
to summarize some of the major
highlights of the data, with the main
emphasis on long-term changes. No
attempt has been made to make a
comprehensive or detailed analysis;
this must await the completion of the
full set of statistics. Moreover, neither
the general nor the specific conclusions
made here are intended to apply to the
SMSA's or to the non-SMSA's in the
rest of the country. Since the factors
underlying income growth in the other
areas of the Nation are quite different
from those that characterize the

eastern and northwestern sections, income developments in SMSA's and
non-SMSA's of other areas may well
be different.
Regional classification
For purposes of this report, the 24
States and the District of Columbia are
classified into three groups. The Northeast includes Maine, New Hampshire,
Vermont, Massachusetts, Rhode Island,
Connecticut, New York, New Jersey,
Pennsylvania, Delaware, Maryland, the
District of Columbia, and Ohio—
OBE's New England and Mideast
regions plus Ohio. The Southeast as
used here includes Virginia, West
Virginia, Kentucky, Tennessee, North
Carolina, South Carolina, Georgia, and
Alabama—all except four States of
OBE's Southeast region. The Northwest includes Washington, Oregon,
Idaho, and Montana—parts of OBE's
Far West and Rocky Mountain regions.
When the estimates for all SMSA's
have been completed, OBE's usual
regional classification of the States
will be used.

19
closer together. In 1929, per capita
income in SMSA's was about two and
one-half times that in non-SMSA's;
by 1962, it was three-fifths higher.
Total personal income

The slower growth of total income in
SMSA's than in non-SMSA's reflects
the fact that the Northeast, where this
relationship prevailed, accounts for
four-fifths of all SMSA income and
one-half of all non-SMSA income in the
24 States. Thus, the summary changes
noted picture mainly developments
in the Northeast as modified by the
different situations in the Southeast and
Northwest.
Within the Northeast, the more
rapid rise of total income in nonSMSA's was due to the faster growth
in non-SMSA's of both government
and manufacturing activity—as measured by changes in wages and salaries.
Among Northeastern States, total
income lagged in two of every three
SMSA's. An even higher ratio would
have obtained—almost three out of
four—had not the decline in mining
wages and salaries in the non-SMSA
portion of Pennsylvania held the
growth of total income in that area
to a rate below that in a number of
the State's SMSA's.
In the Southeastern States, total
income rose faster in SMSA's than in
in non-SMSA's (328 percent) than in non-SMSA's. The major cause of the
SMSA's (185 percent). These sharply difference was the migration from
divergent rates of growth brought rural to urban areas. As table A shows,
average income in the two areas much the population of SMSA's in the

Summary Changes in Income and Population
SMSA's Versus Non-SMSA's
Table A shows the longrun relative
changes that have occurred in personal
income, population, and per capita
income over the 1929-62 period. For
the 24-State area and for the three
broad geographical groups into which
the States have been classified, the
comparisons show the changes that have
occurred in SMSA's and non-SMSA's.
From 1929 to 1962, personal income
in the 97 SMSA's covered in this study
rose 333 percent. For the non-SMSA
portions of the 24 States involved, the
increase was 427 percent. Accompanying these increases were population
gains of 52 percent in SMSA's and 23
percent in non-SMSA's. With total
income in SMSA's growing less rapidly
than in non-SMSA's, but with population in the more urbanized areas rising
twice as fast in relative terms, per
capita income grew much more rapidly



Table A.—Percent Changes in Personal Income, Population, and Per Capita Income,
SMSA and Non-SMSA Areas, Selected Years, 1929-62
1929 to 1960

24-State Area
Total income
Population
Per capita income

„ -

Northeast
Total income
Population
Per capita income
Southeast
Total income
Population
Per capita income
Northwest
Total income _ . ._
Population
Per capita income . . _

- __ _

1929 to 1962

1950 to 1962

NonSMSA's

SMSA's

NonSMSA's

130
25
83

198
14
160

89
21
56

77
8
64

333
52
185

427
23
328

116
21
79

150
13
120

86
19
56

83
15
58

301
44
179

357
31
249

239
45
134

244
12
207

107
29
60

75
2
72

601
87
275

502
14
427

236
61
108

262
35
167

98
28
54

64
13
46

565
107
221

494
53
289

Note.—For definition of regions, see "Regional classification," p. 19.

SMSA's

NonSMSA's

SMSA's

20

SURVEY OF CURRENT BUSINESS

May 1967

Per Capita Income, 1962
Southeast nearly doubled from 1929
the income levels of its new environto 1962, while the increase in nonment
and, therefore, has limited the
Non-SMSA's
SMSA's
SMSA's was only 14 percent—less
relative rise of average income in
$2, 715
$1, 693
than might have been expected from 24 States..
SMSA's. This is the root of many of the
Northeast
.
2,829
2,000
natural increase (the difference beproblems facing metropolitan areas
Southeast
1,385
2,158
Northwest
2,675
2,160
tween births and deaths) in population
today—notably the central cities. In
in the area. Major factors inducing
the meantime, the areas that the
the migration were the depressed con- Summary of SMS A and non-SMSA migrants left have experienced rapid
dition of southeastern agriculture and
development and income growth—both
changes
the growing industrial opportunities
total and per capita.
To explain the above patterns is
The foregoing summary of overall
for employment in the area's SMSA's.
Among individual SMSA's, the situ- beyond the scope of this article, al- relative changes in economic conditions
though migration studies now underway in SMSA's and non-SMSA's is limited
ation was the opposite of that in the
will
provide some answers. With regard to the areas covered in this report. It
Northeast. In two out of three SMSA's
to
per
capita income, however, one may may or may not reflect relationships in
in the Southeastern States, total income rose faster from 1929 to 1962 speculate that the section of the popu- other parts of the Nation. This can be
lation that migrated from the non- determined only upon completion of
than did income in non-SMSA's.
In the four Northwestern States metropolitan areas to the metropolitan income estimates for SMSA's and
also, total income grew more rapidly areas has so far been unable to achieve non-SMSA's in the rest of the Nation.
in SMSA's than in non-SMSA's. More
rapid population growth and the relative decline of agricultural income
were contributing factors.

Changes in Total Personal Income—SMSA's

Population
In each of the three areas—the Northeast, Southeast, and Northwest—population grew much more rapidly in
SMSA's' than in non-SMSA's. As has
already been noted, in the Southeastern
States there was a five-fold differential;
in the Northwest, the rate in SMSA's
was double that in non-SMSA's. In the
densely populated Northeast, the population of SMSA's grew only 40 percent
more rapidly than that of non-SMSA's.
Per capita income
As a result of the relative changes in
total income and population, per capita
income rose more in the non-SMSA's
of each group of States than the
SMSA's. The margin was largest in the
Southeastern States (nearly three-fifths),
second largest in the Northeast (twofifths), and smallest in the Northwest
(almost one-third). Nevertheless, as
the following tabulation shows, the
widest relative disparity in per capita
income between SMSA's and nonSMSA's remains in the Southeastern
States. Also of interest is the fact that
per capita income in SMSA's of the
Southeastern States is about the same
as in non-SMSA's of the other two
groups of States—a little higher than
non-SMSA's of the Northeast and almost identical to those in the Northwest.



There were wide differences among
individual SMSA's in rates of income
change from 1929 to 1962. No SMSA
experienced a decline. Increases ranged
from about 100 percent in the Wilkes
Barre-Hazleton, Pennsylvania, SMSA,
to 18 times this rate of increase in the
Fayetteville, North Carolina, SMSA.
In 24 SMSA's—the top one-fourth—
the 1929-62 income rise was more than
650 percent, as compared with an average increase of 413 percent for the
Nation as a whole. Of these 24 metropolitan areas, 19 are located in the
Southeast, while 4 are in the Northwestern part of the country.
In contrast, 11 SMSA's showed increases of 250 percent or less. These
are located in a group of States extending from Massachusetts southwest
through West Virginia and including
New York, Pennsylvania, Rhode
Island, and New Jersey. Five of the
SMSA's with the slowest rates of
growth are in Pennsylvania.
In individual metropolitan areas (and
nonmetropolitan areas as well), income
generally moved in conformity with
changes in State totals over the longspan 1929-62. Of the 55 SMSA's in
which income grew faster than in the
Nation as a whole, 38 are located in

States with an income uptrend, while
17 are in States with a declining trend
in income. Similarly, of the 42 SMSA's
in which income rose at a less-thanaverage rate, 39 are located in States
with relatively slow income growth, and
only 3 are in States where income is
growing rapidly.
Factors affecting income change
Several theories have been used to
explain regional differences in rates of
income growth. One of the most widely
used is the export-base theory. According to this explanation, the economic
growth of geographical areas within
the Nation depends primarily on
changes in the industries that make up
its "export-base," that is, those industries producing for "export"—to
other areas of the country or abroad—
rather than for local consumption.
Agriculture, forestry, fishing, manufacturing, mining, and Federal Government are generally considered exportbase industries even though a portion
of their production—usually quite
minor—may serve local consumers. In
addition, those parts of several industries that reflect such activities as a
regional or national university or re-

May

search center, a recreational or financial
center, or a State government agency
are also export-base industries in some
degree. A rise in the production of export-base industries brings about a
direct increase in employment and income in the area. T^he payroll increase
results in further demands for goods
and services produced in the area for
local consumption and consequently a
payroll expansion in local industries.
These induced changes in income at the
local level are the result of a "multiplier
effect," which is analogous to the
multiplier that plays a central role in
the theory of national income
determination.
In the assessment of the role of an
export-base industry (or industries) in
regional or local growth, two factors
must be taken into account: the importance of the industry as an income
source in the area's economy and the
rate of change in income produced by
the industry.1 Obviously, an industry
that has experienced spectacular growth
but that accounts for only a very small
proportion of an area's total income
may have a comparatively small effect
on overall income growth.
For SMSA's, manufacturing, government,2 and mining had the greatest
impact on changes in income from 1929
to 1962. Nationally, manufacturing
payrolls in 1929 accounted for four
times as large a proportion of wages
and salaries as government payrolls (35
percent, as compared with 9 percent),
but government payrolls expanded
nearly twice as much from 1929 to 1962
as factory wages and salaries (ninefold,

SURVEY OF CURRENT BUSINESS

21

as compared with fivefold). Geographic variations in rates of change among
variations in these proportions and in individual SMSA's, in every instance
rates of change were responsible for the percentage rise in wages and salaries
differences in the contribution of the paid out by governments was more than
two industries to overall income growth the average for all other income comin the various areas. Mining payrolls ponents combined.
account for only 1 percent of total perIn 18 of the 24 SMSA's with the
sonal income on a national basis, but largest income expansion from 1929 to
because of the high geographic concen- 1962, the rise in wages and salaries
tration of minerals, the industry exer- paid out by government was primarily
cised significant influence on changes in responsible. In three of the remaining
six areas, government payrolls played
the income flow in specific locations.
an important but subordinate role.
Role of government
The outstanding examples of economic
Expanded government payrolls were growth directly attributable to governa major factor in the income increase ment activity are afforded by Fayettethat characterized all SMSA's from ville, North Carolina; Huntsville,
1929 to 1962. Although there were wide Alabama; Albany, Georgia; Newport
CHART 6

Percent Change in Total Personal Income, Population, and
Per Capita Income, 1929-62 by SMSA's and Non-SMSA's
Percent Change

0

100
1

200
1

300

400

500

1

1

I

24-STATE TOTAL

600

1

^ SMSA's

Personal Income

700

1
>sWnn cjuiqA'Q

Population

^

Per Capita Income

Personal Income
Population
Per Capita Income

Personal Income
1 The importance of an industry in accounting for an area's
rate of income growth relative to that of the Nation was
determined in the following way. Rates of change in total
income in the area and in the Nation were calculated. Income
in each industry under evaluation (wages and salaries or
proprietors' incomes) was then deducted from aggregate income in botn the area and the Nation and rates of growth in
the resulting partial aggregates were computed. Tne industry
causing the largest relative change in the difference between
area and national rates of growth was considered the industry
primarily responsible for the area's income experience vis-avis the Nation.
2
Only the Federal component of total government is usually considered an export-base industry, although State
government activities serving areas outside the SMSA are
also classed as export-base. Because it was not possible to
separate Federal from State and local payrolls in the earlier
years of this study, the total is used in this analysis. Such a
separation will be made for 1962 and all subsequent years in
future publications.




Population
Per Capita Income

Personal Income
Population
Per Capita Income

1
1
3

100

U.S. Department of Commerce, Office of Business Economics

1
200

1
1
300
400
Percent Change

1
500

1
600

700

22
News-Hampton and Norfolk-Portsmouth, Virginia; Columbia, South
Carolina; and Augusta and Columbus,
Georgia. Each of these SMSA's is the
site of one or more major Federal
installations.
The overwhelming importance of
government as an income source in
these eight metropolitan areas is shown
in table 3. Government wages and
salaries account for as much as onefourth to one-half of all personal income
in these areas. Although the importance
of government was much less in earlier
years, it was still impressive—ranging
from one-tenth to more than one-half
in 1950, and from 3 percent to 28 percent in 1929. Reinforcing the weight of
government in the income flow is the
fact that the 1929-62 expansion in
government payrolls in these regions
ranged from an increase of a little more
than 1,000 percent to gains more than
12 times as large.
Even in SMSA's with below-average
rates of total income growth, government payrolls expanded at faster rates
than did income from all other sources
combined. However, as table 3 shows,
government payrolls accounted for a
comparatively small proportion of total
income in these areas, generally from 5
to 10 percent. Accordingly, their leverage on total income growth was limited.
Mining grows slowly
Declines or very small increases in
wages and salaries paid out in the mining industry were the major factor determining the rate of income gain in
five of the eight SMSA's with the
smallest income increases from 1929 to
1962. In these areas, mining wages and
salaries made up from 5 to 35 percent
of total income in 1929, and in four of
them, mining payrolls declined from
1929 to 1962. Tp further aggravate the
situation, the growth of manufacturing,
which was also very important in the
income structure of each of these areas,
was far below average in three areas,
somewhat smaller in one, and only
average in the remaining SMSA.
Contribution of manufacturing

Because manufacturing is the primary export-base industry in the
United States, variations in its expansion from 1929 to 1962 contributed



SUEVEY OF CURRENT BUSINESS

May 1907

substantially to differences in rates of
economic growth among SMSA's. Percentage increases in manufacturing payrolls ranged from more than 1,000 percent in several metropolitan areas to
less than 200 percent in three SMSA's.
Except for the 23 SMSA's in which
government or mining was the major
determinant of income growth, manufacturing payrolls played the principal
role in setting SMSA trends in total
income. Generally speaking, as manufacturing went, so went the entire
economy of an SMSA. In the great
majority of cases, the change in total
personal income in an area, relative to
the change for the country as a whole,
was the same as in manufacturing.
So dominant was the influence of
manufacturing on area rates of income
growth that in only 11 metropolitan
areas where total income growth was
above average did the growth in manufacturing payrolls fall below average,
and in only five SMSA's where factory
payrolls exceeded the national rate of
growth did total income fall somewhat
short. In each of these instances, special

factors caused the departure from usual
relationships.
Changes in other industries

As one would expect from the exportbase theory of regional growth, most
other industries in each SMSA changed
in accordance with changes in its exportbase industries. In some cases, however,
the export-base industry cannot be
clearly identified. For example, Great
Falls and Billings, Montana, and Boise
City, Idaho, each serve as a trade
center for the surrounding counties
beyond the SMSA. Accordingly, a significant portion of retail and wholesale
trade in those SMSA's must be classed
as export-base. Much of the trade and
service industry in Boston, Atlantic
City, Atlanta, and Nashville is also
export-base. Finally, because of New
York's unique position in the Nation's
economy, a portion of the product of
nearly all major industries in that
SMSA is exported to other parts of the
country. In these cases, no one or two
industries seemed to be the dominant
factor in regional growth.

Changes in Total Personal Income—Non-SMSA Areas
Although the main emphasis of this
report is on SMSA's, the tables show
the income received by residents of the
non-SMSA portion of each State. These
non-SMSA areas contain approximately
one-third of the population of the 24State area and nearly one-fourth of the
areas' total income. From 1929 to 1962,
combined income in the non-SMSA
areas of the 24 States increased a little
faster than in the Nation—427 percent,
as compared with 413 percent. The
major factors underlying this expansion
were the increases in government and
manufacturing payrolls. Most of the
growth in government payrolls in nonSMSA's was accomplished by 1950 and,
to a large extent, represented the establishment of Federal military installations in the South during and immediately prior to World War II. The
increased share of factory wages and salaries received in non-SMSA's reflects

the shift of manufacturing from the
"old manufacturing belt" to the South,
a trend that appears to have operated
over the entire 1929-62 span.
For all non-SMSA areas together,
increases in manufacturing and government payrolls contributed to the rise
in approximately equal proportions. From
1929 to 1962, wages and salaries of
government employees in non-SMSA
areas increased nearly 14 times, while
manufacturing payrolls increased more
than 600 percent. So much faster was
the rise of income from these two
sources in non-SMSA's than in SMSA's
that, over this span, the non-SMSA
areas increased their share of the 24State total of income from manufacturing wages and salaries by two-fifths
and their share of government payrolls
by one-half.
Income changes in non-SMSA areas
were heavily influenced by the relative

SURVEY OF CURRENT BUSINESS

May 1967

decline of agriculture as an income
source. Gains in farming in non-SMSA
areas were smaller than in any other
major industry and so tended to limit
the overall income gains in nonSMSA areas. With agriculture contributing nearly one-fifth of total income in
areas outside of SMSA's in 1929, the
small increase in farm income was a
very important dampening influence
on the rise in total income. If farm income is excluded from the computations, the rate of growth in non-SMSA
areas is more than 50 percent larger than
that in SMSA's. With farm income included, the differential is less than onethird.
The relative income experience of
most individual non-SMSA portions of
each State was in accord with the experience of the State as a whole—that
is, if income in the State grew faster
than the average for the Nation as a
whole, so did the non-SMSA portion.

There were four exceptions—New Jersey, Connecticut, Ohio, and Kentucky.
Each of the first three States recorded
a less-than-average expansion in total
income from 1929 to 1962, while the
non-SMSA portion of each State scored
an above-average gain. In Kentucky,
on the other hand, growth of total income over this long span was at a little
faster rate than in the Nation, but the
non-SMSA part of the State experienced an income lag from 1929 to 1962.
In New Jersey and Ohio, both manufacturing and government were primarily responsible for the improvement
in non-SMSA areas. In Connecticut,
the relative advance was due almost
entirely to an expansion in government
payrolls. In the non-SMSA portion of
Kentucky, manufacturing and government imparted strong relative boosts
to the income flow; however, the effect
of these was more than offset by lags in
farm income and mining payrolls.

Changes in Income Composition
Significant shifts in income composition occurred between 1929 and 1962
in the Nation as a whole and in both
SMSA's and non-SMSA's. Table 3
shows the major changes in SMSA's
and non-SMSA's. Nationally, wages
and salaries rose in importance between
1929 and 1962, as government payrolls
expanded greatly. The importance of
Table B.—Selected Sources of Total Income,
by SMSA and Non-SMSA, 1929 and 1962
Percent of total income
Selected sources of
income

1929
97
SMSA's

1962
24
24
97
Non- SMSA's NonSMSA's
SMSA's

Total income

100

100

100

100

Wages and salariestotal
.

62

53

70

63

22
6

16
5

24
11

23
15

8

15

M anuf acturing
Government
Proprietors' incomes— total

11

29

Farm
Nonfarm

1
10

19
11

Property income

25

15

1

Less than one-half of 1 percent.




0)

8

7
8

14

12

private wages and salaries as an income
source remained relatively constant
over this period, but within the private
sector, factory payrolls increased, while
other payrolls decreased in importance
as income sources. The importance of
proprietors' incomes in the Nation's
income structure declined one-third
from 1929 to 1962 as farm income
rose very slowly, and the income of
nonfarm proprietors' increased somewhat less than most other income
flows. Finally, property income, which
accounted for more than one-fifth of
personal income in 1929, increased
about half as fast as total personal
income, and by 1962 made up only oneseventh of all income.
Table B shows that these changes
significantly reduced the differences
in the composition of incomes received
in SMSA's and non-SMSA's. With
property income concentrated heavily
in SMSA's, the relative reduction of
this source of income affected mainly
the metropolitan areas and caused
concomitant increases in the importance of both wages and salaries. The

23
decline of farm income reduced the
importance of proprietors' incomes in
non-SMSA's and, conversely, increased
the importance of other income
sources—mainly wages and salaries. In
addition, the sizable growth of governmental and manufacturing activities
in non-SMSA's also contributed directly to the increases of wages and
salaries as an income source in these
areas.
As a result of these developments,
the income structures of SMSA's and
non-SMSA's were much more similar
in 1962 than in 1929. The major
differences remaining included: the
larger importance of wages and salaries
in SMSA's (a reflection of the concentration there of the distributive and
service industries); and the larger role
of proprietors' incomes in non-SMSA's
(a result of the presence of farm
income). Property income, meanwhile,
was of roughly equal importance in
the two areas.

Table C.—Range of Differences in 1Per Capita Income, 1929 and 1962
1962

1929

PerPerDollars cent of Dollars cent of
U.S.
U.S.
SMSA's
High income SMSA's
Newark, New Jersey
Jersey City, New Jersey.

1,181
959

168
136

3,449
3,338

146
141

427
320

61
45

1,581
1,573

67
66

Low income SMSA's
Charleston, South
Carolina.
Tuscaloosa, Alabama

Non-SMSA's
High income nonSMSA's
New Jersey
Connecticut

..

724
728

103
103

2,303
2,295

97
97

230
219

33
31

1,279
1,254

54
53

Low income NonSMSA's
Georgia .
Alabama

.-

..

States in study
High income States
Delaware
Connecticut

1,037
991

147
141

3,014
2,936

127
124

322
269

46
38

1,577
1,531

67
65

Low income States
Alabama
South Carolina

i Rankings based on 1962 data.
Note.—Comparisons are based on the 24 States covered
in this report.

SURVEY OF CURRENT BUSINESS

24

May 196,7

Per capita income in non-SMSA's in
1962 ranged from $2,303 in New Jersey
to $1,254 in Alabama and averaged
$1,693, nearly two-fifths below the
SMSA average. Indeed, of the 97
SMSA's in the study, in only 4 were
average incomes in 1962 below the
non-SMSA portion of the State in
which they were located. These were
Fall River-New Bedford, Massachusetts; Atlantic City, New Jersey; Salem,
Oregon; and Johnstown, Pennsylvania.
Inequality of income is somewhat
less among SMSA's than among nonSMSA's. In 1962, the coefficient of
variation in the former areas was 18;
among non-SMSA's, it was 20. When
coefficients of variation are computed
for the States, the disparity in per
capita income increases sharply over
that shown in either of the two individual series. For the 24 States and the
District of Columbia, the coefficient of
variation in 1962 was 25.3
The fact that variations in per capita
incomes are more pronounced when
measured at the State level than when
measured at either the SMSA or nonSMSA level reflects the widely different
weights with which the relatively high
incomes in SMSA's are combined with
the relatively low incomes in nonSMSA's. In Massachusetts, for example
37 times as many persons live in
SMSA's as in non-SMSA areas; in
Idaho, SMSA's account for one-seventh
of the State's population.

Per Capita Personal Income

Per capita personal income (total income divided by total population) is
the most comprehensive statistic currently available for measuring differences
in economic welfare on a detailed geographic basis. Per capita personal
income, it may be noted, includes
noncash items such as food and lodg'ng
furnished workers in certain industries,
the value of food and fuel produced on
the farm and consumed by the farm
family, and some imputed rent and
interest. Because it includes income in
kind, comparisons of income differences
among areas are more meaningful than
those based on money income alone.
However, a major weakness of the
measure is that it does not take into
account regional differences in the cost
of living. While price indexes have been
constructed to eliminate geographic
differences in changes in the cost of
living over time, there are no satisfactory measures designed to eliminate
area differences in living costs at any
given time.
Table 1 shows the wide differences in
per capita income among the 97 SMSA's
covered in this report. These differences
are highlighted in the text tables C and
D. Per capita income in 1962 for all 97
areas combined was $2,715. Incomes
ranged from a high of $3,449 in the
Newark, New Jersey SMSA to a low
of $1,573 in Tuscaloosa, Alabama—a
difference of approximately 120 percent.
There were 8 SMSA's in the study with
average incomes of more than $3,000 in
1962. These include Newark, New Jersey ($3,449); Jersey City, New Jersey
($3,338); New York, New York
($3,299); Hartford-New Britain, Connecticut ($3,260); Wilmington, Delaware ($3,143); Seattle-Everett, Washington ($3,091); Washington, D.C.
($3,043), and Bridgeport-Nor walkStamford, Connecticut ($3,029). All
of these SMSA's, with the exception of



Seattle-Everett, are in the Northeast
region, with four of them comparatively
close to New York City.
In contrast, there were seven SMSA's
with per capita income below $1,700.
These included Mobile, Alabama
($1,699); Gadsden, Alabama ($1,690);
Albany, Georgia ($1,686); Johnstown,
Pennsylvania ($ 1,665); Wilmington,
North Carolina ($1,633); Charleston,
South Carolina ($1,581), and Tuscaloosa, Alabama ($1,573). With the
exception of Johnstown, all of these
low-income SMSA's are located in
States of the Deep South.
Of the 35 southeastern SMSA's
covered by the study, in only one—
Richmond, Virginia—was per capita
income above the national average in
each year for which estimates have
been made. Atlanta, Greensboro-High
Point, Newport News-Hampton and
Winston-Salem each were above average in 3 or 4 of the 5 years, while
Norfolk-Portsmouth and Charlotte recorded above average incomes in 2 of
the 5 years. In contrast, most SMSA's
of the Northeast and Northwest had
per capita incomes above the national
average throughout the 33-year span.

3
The coefficient of variation is defined as the standard
deviation of the per capita income distribution divided by
the arithmetic mean of the per capita incomes. The standard
deviation is the square root of the mean of the squared
deviations of per capita incomes from their arithmetic mean.

Table D.—Distribution of SMSA's by Ratio of Per Capita Income in SMSA to Per Capita
Income in United States, 1929 and 1962

Northeast
30-39
40-49
50-59 .
60-69
70-79
80-89 90-99
100-109
110-119 . _
120-129
130-139
140-149' _
150 plus. .

Northwest

1

_ ._

1962

1929

Percent of U.S. per capita income

3
12
8
7
7
6
2
7
53

1
1
1
2
2
1
1

9

Southeast

Northeast
1
2
2
9
8
5
4
1
2
1

35

2
5
11
16
8
6
3
2
53

Northwest

1
3
3
1

Southeast

3
8
13
6
3
2

1

9

35

Note.—As used here, the Northeast includes the States in OBE's New England and Mideast regi9ns plus Ohio; the Northwest includes Washington, Oregon, Idaho, and Montana; the Southeast includes Virginia, West Virginia, Kentucky, Tennessee, North Carolina, South Carolina, Georgia, and Alabama.

SUEVEY OF CURKENT BUSINESS

May 1967

Changes in per capita income

Since 1929, there has been an appreciable reduction in per capita income
differences
among SMSA's, nonSMSA's, and States, as the tabulation
below shows. Among SMSA's, this
reduction in inequality has resulted
from the less-than-average growth rates
in high-income SMSA's and the aboveaverage rates of growth among low-

income areas. Although there are
exceptions, this generalization is well
established in these data.

occurred in the smallest. As a result,
property income limited the expansion
of both total and per capita income in
inverse proportion to the size of SMSA.

TECHNICAL NOTES
Coefficients of Variation in Per Capita Income
1929

97 SMSA's
Non-SMSA's of 24 States
24 States and the District of Columbia

- -

1962

29
38
41

18
20
25

Income by Size of Metropolitan Area
Population size appears to be associated with the level of per capita
income among SMSA's. This is clearly
reflected in column 1 of table E, which
shows that per capita incomes increase
as population size of the SMSA increases. This relationship, together with
the fact that SMSA's in the Northeastern States are larger than those in
the Southeastern part of the country,
explains a part of the per capita income
differential between the two sections.
However, even among SMSA's of the
same size group, per capita incomes in
the Southeast are still lower than
average.
Table F, which relates several aspects
of growth to size of SMSA, provides the
basis for two generalizations. First,
growth in SMSA's has lagged far behind
that of the Nation or the non-SMSA
portions of the States covered for all
income measures listed in the table but
not for population. Second, except for
population, and perhaps manufacturing
income, there is a strong inverse
relationship between size of SMSA and
rate of growth.

25

Property income plays a key role in
this inverse relationship. In 1929, there
was a direct relationship between the
size of SMSA and the relative importance of investments as a source of
personal income. In the two largest
SMSA groups, property income accounted for nearly one-third of total
income; in the four smallest, it made up
only one-fifth. From 1929 to 1962,
property income expanded in most
areas at a slower rate than any other
major income source. In addition, the
smallest relative gains in property income over the period were in the largest
SMSA's while the largest increases

A comprehensive description of the
sources of data and methods of estimates used in preparing income estimates in SMSA's will be published upon
completion of estimates for the entire
country. A description of the general
methodology used in constructing the
local-area income estimates presented
here is contained in an article entitled
"Measuring Regional Market Growth"
in the January 1959 issue of the SURVEY.
Although some of the methods and data
sources used in this report are new, the
methods outlined in the January 1959
SURVEY provide a summary picture of
the overall approach. The following
comments relate to special aspects that
should be noted now.
Definition of SMSA's

The classification of standard metropolitan statistical areas used in this report follows Bureau of the Budget definitions as of May 1966, with the
following exceptions: In Vermont, which
has no "defined" SMSA, Burlington
(Chittenden County) is treated as
though it were an SMSA. In New
(Continued on page 44)

Table E.—Per Capita Personal Income by Size of SMSA and Area, 1962
Index, column 1 = 100

Dollars
All SMSA 's Northeast Northwest
in study

Population (thousands)

(1)
50-99
100-199200-399
400-799800-1,599
1,600-3,199—.
3,200-6,499
6,500 plus

.

(2)

2,028
2,190
2,165
2,618
2,746
2,877
2,750
3,299

-----

(3)

2,044
2,437
2,250
2,684
2,661
2,877
2,750
3,299

Southeast
(4)

2,403
2,041
2,367
2,915

Northeast Northwest

1,669
2,031
2,044
2,303
2,642

(7)

(6)

(5)
101
111
103
103
97
100
100
100

Southeast

118
93
109

82
93
94
88
96

106

Table F.—Percent Change in Population and Selected Measures of Personal Income, by Type of Area and Size of SMSA, 1929-62

Growth Measure

Number of SMSA's
Personal income
Population
Per capita income
Sources of income —
Manufacturing. . . .
Government
..
Property




United
States

24 States Non-SMSA
in study
portions

97
SMSA's

SMSA's with Population (in thousands) of:
More than
6,400

3,200 to
6,400

1,600 to
3,200

800 to
1,600

400 to 800

200 to 400

100 to 200

50 to 100

413
53
236

352
41
221

427
23
328

333
52
185

1
250
43
143

2
271
33
179

5
355
59
186

5
486
88
211

21
357
50
205

30
427
53
244

25
444
59
243

8
532
88
236

501
1,006
223

426
881
158

630
1,364
319

387
766
134

309
579
75

343
667
71

388
759
148

546
776
280

367
765
197

496
1,097
237

481
1,234
239

473
1,374
374

SURVEY OF CURRENT BUSINESS

26

May 1967

Table 1. —Personal Income, Per Capita Income, and Total
Total personal income
Line

1
3
4

(Millions of dollars)

Total United States . .
Sum of selected States (24) _

Sum of all SMS A counties
Sum of all non-SMSA areas

_._ _ _

5
6
7
8
9
10
11
12
13

Alabama:
Birmingham
Gadsden
Huntsville
Mobile.
Montgomery
Tuscaloosa
Sum of SMSA's
Non-SMSA area

14
15
16
17
18
19
20

Connecticut :
Bridgeport-Norwalk-Stamford
New Haven-Waterbury
Hartford-New Britain _
New London-Groton-Norwich
SumofSMSA's
Non-SMSA area

21
22
23
24

Delaware:
Wilmington __
SumofSMSA's
Non-SMSA area

25
26
27

District of Columbia:
Washington
Sum of SMSA's

28
29
30
31
32
33
34
35
36

Georgia :
Albany.. _
_ _
Atlanta
Augusta
Columbus..-. __
Macon
Savannah _
SumofSMSA's- _ . _
Non-SMSA area

37
38
39
40

Idaho:
Boise Citv
SumofSMSA's--. _ .
Non-SMSA area

41
42
43
44

Kentucky:
Lexington
SumofSMSA's
Non-SMSA area

45
46
47
48
49

Maine:
Portland
Lewiston-Auburn
SumofSMSA'sNon-SMSA area

50
51
52
53

Maryland :
Baltimore.
Sum of SMSA's
Non-SMSA area

54
55
56
57
58
59
60
61

Massachusetts :
Boston
Fall River-New Bedford .
Pittsfield
Springfield-Chieopee-Holyoke
Worcester
SumofSMSA's
. _
Non-SMSA area

62
63
64
65
66

Montana:
Billings
Great Falls
SumofSMSA's
Non-SMSA area

67
68
69
70

New Hampshire:
Manchester
Sum of SMSA's
Non-SMSA area__ ._ _

71
72
73
74
75
76
77
78

New Jersey:
Atlantic City
. . . _._ ___ .
Jersey City
Newark
Paterson-Clifton-Passaic
Trenton
._
Sum of SMSA's
Non-SMSA area

79
80
81
82
83
84
85
86
87
88

New York:
Albany-Schenectady-Troy .
Binghamton
Buffalo
New York
Rochester
Syracuse
Utica-Rome __
SumofSMSA's.
Non-SMSA area




... _
.

_. _
...

_
__ .

_ ._

... _ .

_

_„ _

__

__ _

. .

_

._

..

_

.__

. -

- __.
_

. . .

..

. . _

. ._

Percent of the United States

Percent increase

1962

1929

1940

1950

1959

1962

380,963

440, 192

100. 00

100. 00

100. 00

100. 00

100. 00

164

95

413

188,247
144, 363
43,885

215,306
164, 372
50, 935

55.47
44.20
11.27

55.25
43.29
11.96

51.21
38.48
12.72

49.41
37.89
11.52

48.91
37.34
11.57

143
130
198

86
89
77

352
333'
427

766
100
73
289
195
83
1,506
1,165

1,324
156
265
584
337
159
2,824
1,840

1,416
162
334
641
379
181
3,113
2,123

.31
.02
.03
.09
.08
.02
.56
.43

.32
.03
.03
.09
.09
.03
.59
.42

.34
.04
.03
.13
.09
.04
.67
.51

.35
.04
.07
.15
.09
.04
.74
.48

.32
.04
.08
.15
.09
.04
.71
.48

184
369
175
290
189
303
214
217

85
61
359
122
95
119
107
82

425
657
1,164
765
463
782
549
477

377
427
457
89
1,351
156

914
986
1,155
237
3,292
407

1,720
1,712
2,001
457
5,891
687

2,078
1,962
2,349
535
6,924
826

.49
.52
.54
.10
1.66
.18

.48
.55
.59
.11
1.73
.20

.40
.44
.51
.10
1.46
.18

.45
.45
.53
.12
1.55
.18

.47
.45
.53
.12
1.57
.19

117
121
148
166
131
160

127
99
103
126
110
103

393
340
404
502
387
428

247
247
37

276
276
50

651
651
152

1,180
1,180
271

1,361
1,361
313

.29
.29
.04

.35
.35
06

.29
.29
.07

.31
.31
.07

.31
.31
.07

163
163
311

109
109
106

451
451
746

755
755

1,060
1,060

3,017
3,017

5,382
5,382

6,492
6,492

.88
.88

1.36
1.36

X.33
1.33

1.41
1.41

1.47
1.47

299
299

115
115

759
759

12
335
53
45
45
65
555
469

14
339
54
61
42
60
571
487

51
1,192
201
236
157
195
2,032
1,548

120
2,395
366
366
301
345
3,894
2,384

144
2,839
483
411
358
357
4,592
2,774

.01
.39
.06
.05
.05
.08
.65
.55

.02
.43
.07
.08
.05
.08
.73
.62

.02
.53
.09
.10
.07
.09
.90
.68

.03
.63
.10
.10
.08
.09
1.02
.63

.03
.64
.11
.09
.08
.08
1.04
.63

339
256
276
427
246
199
266
230

181
138
140
74
128
84
126
79

1,136
748
804
817
688
448
727
491

26
26
198

32
32
203

101
101
662

197
197
1,033

227
227
1,186

.03
.03
.23

.04
.04
.26

.04
.04
.29

.05
.05
.27

.05
.05
.27

286
286
234

124
124
79

766
766
498

54
54
534

41
41
494

123
123
1, 546

272
272
2,260

333
333
2,703

.06
.06
.62

.05
.05
.63

.05
.05
.68

.07
.07
.59

.08
.08
.61

130
130
190

171
171
75

523
523
400

115
46
161
315

104
45
149
288

228
115
343
744

396
165
560
1,143

431
175
605
1,279

.13
.05
.19
.37

.13
.06
.19
.37

.10
.05
.15
.33

.10
.04
.15
.30

.10
.04
.14
.29

98
152
113
137

89
52
76
72

273
283
276
307

950
950
221

946
946
221

2,406
2,406
672

3,960
3,960
1,160

4,551
4,551
1,444

1.11
1.11
.26

1.21
1.21
.28

1.06
1.06
.30

1.04
1.04
.30

1.03
1.03
.33

153
153
204

89
89
115

379
379
552

2,769
244
93
318
369
3,793
63

2,344
232
87
288
355
3,305
62

5,119
587
205
747
861
7,519
154

8,354
786
319
1,190
1,245
11,894
265

9,588
905
388
1,305
1,427
13, 613
313

3.23
.28
.11
.37
.43
4.42
.07

3.00
.30
.11
.37
.45
4.23
.08

2.26
.26
.09
.33
.38
3.32
.07

2.19
.21
.08
.31
.33
3.12
.07

2.18
.21
.09
.30
.32
3.09
.07

85
140
122
135
133
98
146

87
54
89
75
66
81
104

246
271
319
310
287
259
401

22
34
56
259

28
30
57
258

91
96
187
775

186
165
351
994

196
195
391
1,190

.03
.04
.07
.30

.04
.04
.07
.33

.04
.04
.08
.34

.05
.04
.09
.26

.04
.04
.09
.27

305
185
233
199

115
103
109
54

479
596
360

112
112
208

97
97
184

245
245
443

399
399
804

477
477
922

.13
.13
.24

.12
.12
.24

.11
.11
.20

.10
.10
.21

.11
.11
.21

118
118
113

95
95
108

325
325
344

104
593
1,341
536
155
2,729
443

76
522
1,194
528
165
2,485
421

187
1,137
2,786
1,537
427
6,075
1,249

308
1,637
4,723
2,837
757
10,263
2,642

371
1,842 i
5,511
3,344
805
11, 874
3,185

.12
.69
1.56
.62
.18
3.18
.52

.10
.67
1.53
.68
.21
3.18
.54

.08
.50
1.23
.68
.19
2.69
.55

.08
.43
1.24
.74
.20
2.69
.69

.08
.42
1.25
.76
.18
2.70
.72

80
92
108
187
175
123
182

98
62
98
117
89
95
155

257
211
Sll
524
419
335
619

498
133
842
10, 676
488
335
186
13, 160
1,234

441
126
766
8,657
450
287
160
10, 888
1,020

964
326
1,859
20, 462
1,056
710
419
25, 797
2,721

1,494
577
3,150
32, 473
1,922
1,224
704
41, 543
4,175

1,680
695
3,318
37, 374
2,159
1,432
760
47,417
4,816

.58
.16
.98
12.44
.57
.39
.22
15.34
1.44

.56
.16
.98
11.08
.58
.37
.20
13.94
1.31

.43
.14
.82
9.05
.47
.31
.19
11.40
1.20

.39
.15
.83
8.52
.50
.32
.18
10.90
1.10

.38
.16
.75
8.49
.49
.33
.17
10.77
1.09

94
144
121
92
116
112
125
96
121

74
113
78
83
104
102
81
84
77

237
422
294
250
342
327
308
260
290

1950

1929

1940

85,803

78, 122

226,214

47,596
37, 922
9,673

43, 162
33, 820
9,342

115,837
87, 055
28, 782

270
21
26
74
67
21
480
368

254
24
23
73
67
20
461
326

422
446
466
89
1,423
156

1959

1929-50 1950-62 1929-62

SUEVEY OF CUREENT BUSINESS

May 1967

27

Earnings, by SMSA's and Non-SMSA's, for Selected Years 1929-1962
Total earnings

Per capita income

1929

1940

1950

Percent increase

Percent of the national average

(Dollars)
1959

1962

1929

1940

1950

1959

1962

(Millions of dollars)

1929-50

1950-62

1929-62

1929

1950

Percent of the United States Line

1962

1929

1950

1962

705

592

1,496

2,161

2,368

100

100

100

100

100

112

58

236

66, 000

186,611

357, 613

100. 00

100. 00

100. 00

1

740
951
396

622
784
355

1,486
1,741
1,031

2,154
2,477
1,507

2,376
2,715
1,693

105
135
56

105
132
60

99
116
69

100
115
70

100
115
71

101
83
160

60
56
64

221
185
328

35,840
27, 827
8,013

95,416
71, 535
23, 880

175,370
134, 350
41, 019

54.30
42.16
12.14

51.13
38.33
12.80

49.04
37.57
11.47

2
3
4

G26
337
261
506
507
320
511
219

549
328
220
419
451
264
444
184

1,373
1,068
671
1,064
1,143
880
1,161
677

2,126
1,636
1,753
1,639
1,722
1,482
1,848
1,128

2,256
1,690
1,932
1,699
1,884
1,573
1,958
1,254

89
48
37
72
72
45
72
31

93
55
37
71
76
45
75
31

92
71
45
71
76
59
78
45

98
76
81
76
80
69
86
52

95
71
82
72
80
66
83
53

119
217
157
110
125
175
127
209

64
58
188
60
65
79
69
85

260
401
640
236
272
392
283
473

230
19
22
57
52
17
397
327

622
81
60
252
164
68
1,247
980

1,154
130
285
557
313
150
2,589
1,724

.35
.03
.03
.09
.08
.03
.60
.50

.33
.04
.03
.14
.09
.04
.67
.53

.32
.04
.08
.16
.09
.04
.72
.48

8
9
10
11
12
13

1,099
971
1,116
753
1,032
728

903
883
1,017
709
915
673

1,804
1,798
2,132
1,627
1,890
1,488

2,645
2,605
2,916
2,474
2,704
1,996

3,029
2,852
3,260
2,780
3,027
2,295

156
138
158
107
146
103

153
149
172
120
155
114

121
120
143
109
126
99

122
121
135
114
125
92

128
120
138
117
128
97

64
85
91
116
83
104

68
59
53
71
60
54

176
194
192
269
193
215

284
328
344
67
1,022
109

745
767
954
181
2,646
302

1,670
1,527
1,946
414
5,557
595

.43
.50
.52
.10
1.55
.17

.40
.41
.51
.10
1.42
.16

.47
.43
.54
.12
1.55
.17

14
15
16
17
18
19
20

1,116
1,116
483

1,103
1,103
566

2,138
2,138
1,519

2,878
2,878
1,978

3,143
3,143
2,161

158
158
69

186
186
96

143
143
102

133
133
92

133
133
91

92
92
214

47
47
42

182
182
347

153
153
31

476
476
130

1,050
1,050
256

.23
.23
.05

.26
.26
.07

.29
.29
.07

21
22
23
24

1,131
1,131

1,061
1,061

2,053
2,053

2,706
2,706

3,043
3,043

160
160

179
179

137
137

125
125

129
129

82
82

48
48

169
169

555
555

2,452
2,452

5,393
5,393

.84
.84

1.31
1.31

1.51
1.51

25
26
27

524
700
444
479
515
620
612
230

488
608
413
484
440
510
540
230

1,169
1,633
1,238
1,383
1,156
1,281
1,457
731

1,614
2,401
1,720
1,713
1,703
1,868
2,093
1,142

1,686
2,642
2,062
1,845
1,834
1,827
2,287
1,279

74
99
63
68
73
88
87
33

82
103
70
82
74
86
91
39

78
109
83
92
77
86
97
49

75
111
80
79
79
86
97
53

71
112
87
78
77
77
97
54

123
133
179
189
124
107
138
218

44
62
67
33
59
43
57
75

222
277
364
285
256
195
274
456

9
273
45
37
37
50
451
428

44
976
167
205
130
166
1,687
1,311

125
2,365
419
354
300
300
3,862
2,320

.01
.41
.07
.06
.06
.08
.68
.65

.02
.52
.09
.11
.07
.09
.90
.70

.03
.66
.12
.10
.08
.08
1.08
.65

28
29
30
31
32
33
34
35
36

689
689
485

635
635
431

1,431
1,431
1,276

2,137
2,137
1,828

2, 333
2,333
1,984

98
98
69

107
107
73

96
96
85

99
99
85

99
99
84

108
108
163

63
63
55

239
239
309

22
22
176

86
86
568

183
183
967

.03
.03
.27

.05
.05
.30

.05
.05
.27

37
38
39
40

783
783
275

517
517
231

1,225
1,225
744

2,090
2,090
1,156

2,346
2,346
1,365

111
111
39

87
87
39

82
82
50

97
97
53

99
99
58

56
56
171

92
92
83

200
200
396

37
37
474

103
103
1,310

280
280
2,193

.06
.06
.72

.06
.06
.70

.08
.08
.61

41
42
43
44

857
641
782
532

709
588
668
461

1,343
1,373
1,353
1,122

2,193
1,931
2,109
1,653

2,278
1,984
2,184
1,795

122
91
111
75

120
99
113
78

90
92
90
75

101
89
98
76

96
84
92
76

57
114
73
111

70
45
61
60

166
210
179
237

83
35
117
241

183
93
276
599

348
137
485
1,016

.13
.05
.18
.37

.10
.05
.15
.32

.10
.04
.14
.28

45
46
47
48
49

922
922
485

822
822
454

1,703
1,703
1,226

2,319
2,319
1,871

2,589
2,589
2,205

131
131
69

139
139
77

114
114
82

107
107
87

109
109
93

85
85
153

52
52
80

181
181
355

663
663
175

1,995
1,995
558

3,815
3,815
1,149

1.00
1.00
.27

1.07
1.07
.30

1.07
1.07
.32

50
51
52
53

1,003
673
772
784
754
916
694

829
635
710
710
703
783
647

1,672
1,539
1,547
1,641
1,577
1,643
1,416

2,503
1,986
2,255
2,247
2,148
2,387
1,983

2,825
2,235
2,705
2,444
2,403
2,685
2,285

142
95
110
111
107
130
98

140
107
120
120
119
132
109

112
103
103
110
105
110
95

116
92
104
104
99
110
92

119
94
114
103
101
113
96

67
129
100
109
109
79
104

69
45
75
49
52
63
61

182
232
250
212
219
193
229

1,969
193
68
249
277
2,757
42

4,092
467
163
632
704
6,058
120

7,766
698
312
1,072
1,156
11,004
234

2.98
.29
.10
.38
.42
4.18
.06

2.19
.25
.09
.34
.38
3.25
.06

2.17
.20
.09
.30
.32
3.08
.07

54
55
56
57
58
59
60
61

750
839
801
570

676
710
693
544

1,625
1,803
1,712
1,602

2,373
2,262
2,319
1,920

2,428
2,464
2,446
2,219

106
119
114
81

114
120
117
92

109
121
114
107

110
105
107
89

103
104
103
94

117
115
114
181

49
37
43
39

224
194
205
289

19
28
47
218

77
82
159
667

157
160
318
974

.03
.04
.07
.33

.04
.04
.09
.36

.04
.04
.09
.27

62
63
64
65
66

798
798
636

667
667
531

1,561
1,561
1,179

2,280
2,280
1,909

2,553
2,553
2,076

113
113
90

113
113
90

104
104
79

106
106
88

108
108
88

96
96
85

64
64
76

220
220
226

88
88
160

199
199
347

391
391
726

.13
.13
.24

.11
.11
.19

.11
.11
.20

67
68
69
70

843
959
1,181
882
840
1,024
724

610
874
997
788
834
893
637

1,405
1,909
2,048
1,887
1,844
1,940
1,461

1,934
2,974
3,070
2,614
2,868
2,857
2,083

2,222
3,338
3,449
2,926
2,926
3,184
2,303

120
136
168
125
119
145
103

103
148
168
133
141
151
108

94
128
137
126
123
130
98

89
138
142
121
133
132
96

94
141
146
124
124
134
97

67
99
73
114
120
89
102

58
75
68
55
59
64
58

164
248
192
232
248
211
218

78
489
949
391
120
2,027
323

159
989
2,310
1,239
353
5,049
1,060

285
1,621
4,514
2,714
681
9,814
2,499

.12
.74
1.44
.59
.18
3.07
.49

.09
.53
1.24
.66
.19
2.71
.57

.08
.45
1.26
.76
.19
2.74
.70

71
72
73
74
75
76
77
78

991
664
955
1,356
935
864
733
1,237
707

832
558
801
974
809
709
608
920
548

1,632
1,317
1,703
2,086
1,714
1,524
1,469
1,966
1,346

2,285
2,047
2,424
2,977
2,639
2,183
2,140
2,811
1,870

2,464
2,375
2 421
3,299
2,828
2,401
2,244
3,080
2,103

141
94
135
192
133
123
104
175
100

141
94
135
165
137
120
103
155
93

109
88
114
139
115
102
98
131
90

106
95
112
138
122
101
99
130
87

104
100
102
139
119
101
95
130
89

65
98
78
54
83
76
100
59
90

51
80
42
58
65
58
53
57
56

149
258
154
143
202
178
206
149
197

386
104
652
7,212
360
270
141
9,123
899

803
255
1,543
16, 735
850
589
344
21, 118
2,242

1,389
561
2,710
30,043
1,737
1,188
620
38, 249
3,756

.58
.16
.99
10.93
.54
.41
.21
13.82
1.36

.43
.14
.83
8.97
.46
.32
.18
11.32
1.20

.39
.16
.76
8.40
.49
.33
.17
10.70
1.05

79
80
81
82
83
84
85
86
87
88




5
6

SUKVEY OF CUEBENT BUSINESS

28

May 1967

Table 1.—Personal Income, Per Capita Income, and Total Earnings
Total personal income
(Millions of dollars)

Line

1929

1940

1950

Percent increase

Percent of the United States

1962

1959

1929

1940

1950

1959

1962

1929-50 1950-62 1929-62

i

85,803

78, 122

226,214

380, 963

440, 192

100. 00

100. 00

100. 00

100. 00

100. 00

164

95

413

47,596
37, 922
9,673

43, 162
33, 820
9,342

115,837
87, 055
28, 782

188,247
144, 363
43,885

215,306
164, 372
50, 935

55.47
44.20
11.27

55.25
43.29
11.96

51.21
38.48
12.72

49.41
37.89
11.52

48.91
37.34
11.57

143
130
198

86
89
77

352
333
427

42
93
37
16
80
43
31
102
444
599

46
111
31
27
89
51
27
62
445
710

144
355
120
148
304
163
86
216
1,535
2,684

227
685
195
234
539
304
132
431
2,747
3,984

263
848
242
309
659
372
154
503
3,350
4,828

.05
.11
.04
.02
.09
.05
.04
.12
.52
.70

.06
.14
.04
.03
.11
.07
.03
.08
.57
.91

.06
.16
.05
.07
.13
.07
.04
.10
.68
1.19

.06
.18
.05
.06
.14
.08
.03
.11
.72
1.05

.06
.19
.06
.07
.15
.08
.03
.11
.76
1.10

243
283
225
816
278
277
178
111
245
348

83
139
101
108
117
129
79
133
118
80

526
814
554
1,808
721
763
400
392
654
705

297
181
1,371
372
296
77
45
68
63
97
263
43
3,174
843

274
166
1,174
328
295
76
40
69
61
95
237
42
2,857
765

795
483
3,089
984
965
232
135
250
160
261
680
149
8,182
2,368

1,332
781
5,204
1,847
1,802
433
220
460
267
401
1,139
293
14, 178
3,827

1,541
814
5,634
2,067
2,012
485
262
486
300
418
1,177
318
15, 514
4,346

.35
.21
1.60
.43
.34
.09
.05
.08
.07
.11
.31
.05
3.70
.98

.35
.21
1.50
.42
.38
.10
.05
.09
.08
.12
.30
.05
3.66
.98

.35
.21
1.37
.44
.43
.10
.08
.11
.07
.12
.30
.07
3.62
1.05

35
.20
1.37
.48
.47
.11
.06
.12
.07
.11
.30
.08
3.72
1.00

.35
.18
1.28
.47
.46
.11
.05
.11
.07
.09
.27
.07
3.52
.99

168
166
125
164
226
201
201
266
153
168
159
245
158
181

94
69
82
110
109
109
94
94
88
60
73
113
90
84

419
349
311
455
580
530
484
611
376
329
348
637
389
416

26
391
40
457
217

33
369
47
449
249

202
1,219
179
1,600
998

350
1,971
263
2,583
1,428

384
2,249
312
2,945
1,567

.03
.46
.05
.53
.25

.04
.47
.06
.57
.32

.09
.54
.08
.71
.44

.09
.52
.07
.68
.37

.09
.51
.07
.67
.36

677
212
346
250
360

90
85
74
84
57

1,374
475
678
544
622

314
89
130
195
148
131
3,066
1,771
179
190
307
130
6,648
1,186

276
79
117
189
139
122
2,587
1,496
156
141
221
120
5,644
1,045

725
183
340
494
321
379
6,415
3,676
406
316
512
381
14, 149
2,948

1,117
251
494
840
417
609
10, 741
5,724
603
432
600
604
22, 434
3,958

1,268
269
558
904
460
676
12, 050
5,971
663
466
627
674
24,584
4,264

.37
.10
.15
.23
.17
.15
3.57
2.06
.21
.22
.36
.15
7.75
1.38

.35
.10
.15
.24
.18
.16
3.31
1.92
.20
.18
.28
.15
7.22
1.34

.32
.08
.15
.22
.14
.17
2.84
1.62
.18
.14
.23
.17
6.25
1.30

.29
.07
.13
.22
.11
.16
2.82
1.50
.16
.11
.16
.16
5.89
1.04

.29
.06
.13
.21
.10
.15
2.74
1.36
.15
.11
.14
.15
5.58
.97

131
105
162
153
118
190
109
108
127
67
67
194
113
149

75
46
64
83
43
78
88
62
63
47
22
77
74
45

304
200
330
364
212
417
293
237
270
145
104
420
270
260

532
532
64

476
476
55

1,107
1,107
163

1,540
1,540
284

1,759
1,759
321

.62
.62
.07

.61
.61
.07

.49
.49
.07

.40
.40
.07

.40
.40
.07

108
108
155

59
59
97

231
231
402

53
55
55
163
291

68
65
64
197
360

200
205
243
648
1,194

354
429
428
1,212
1,795

414
503
526
1,443
2,158

.06
.06
.06
.19
.34

.09
.08
.08
.25
.46

.09
.09
.11
.29
.53

.09
.11
.11
.32
.47

.09
.11
.12
.33
.49

280
271
341
298
310

107
145
117
123
81

686
810
855
785
641

119
97
174
390
389

108
107
171
386
407

332
440
533
1,305
1,365

566
684
960
2,210
2,121

621
747
1,093
2,462
2,548

.14
.11
.20
.45
.45

.14
.14
.22
.49
.52

.15
.19
.24
.58
.60

.15
.18
.25
.58
.56

.14
.17
.25
.56
.58

178
356
206
235
251

87
70
105
89
87

420
674
529
532
556

Vermont:
Burlington
Sum of SMSA's
Non-SMSA area

32
32
192

27
27
156

72
72
367

139
139
542

162
162
624

.04
.04
.22

.04
.04
.20

.03
.03
.16

.04
.04
.14

.04
.04

126
126
91

123
123
70

404
404
224

160
161
162
163
164
165
166
167

Virginia:
Lynchburg
Newport News-Hampton
Norfolk- Portsmouth
Richmond...
___
Roanoke
Sum of SMSA's
Non-SMSA area

38
55
143
214
55
505
499

41
69
169
247
64
590
548

106
235
710
626
183
1,861
1,640

196
457
1,098
1,051
311
3,113
2,461

244
564
1,314
1,250
380
3,752
2,963

.04
.06
.17
.25
.06
.59
.58

.05
.09
22
'.32
.08
.75
.70

.05
.10
.31
.28
.08
.82
.72

.05
.12
-.29
.28
.08
.82
.65

.06
.13
.30
.28
.09
.85

.*

180
329
397
193
231
269
229

131
140
85
100
107
102
81

546
928
819
485
586
644
494

168
169
170
171
172
173

Washington:
Seattle-Everett
Spokane __
_„_
Tacoma
Sum of SMSA's
Non-SMSA area

506
118
122
746
396

473
112
131
715
398

1,608
346
474
2,428
1,436

2,971
602
670
4,243
2,093

3,540
660
794
4,994
2,417

.59
.14
.14
.87
.46

.60
.14
.17
.92
.51

.71
.15
.21
1.07
.63

.78
.16
.18
1.11
.55

.80
.15
.18
1.13
.55

218
193
287
225
263

120
91
67
106
68

600
459
548
569
510

174
175
176
177
178
179

W*st Virginia:
Charlesto7i
Huntington -Ashland
Wheeling
SumofSMSA's- _
Non-SMSA area

90
100
139
330
493

112
96
108
315
478

332
281
262
875
1,379

538
467
351
1,357
1,732

570
500
367
1,437
1,824

,11
.12
.16
.38
.57

.14
.12
.14
.40
.61

.15
.12
.12
.39
.61

.14
.12
.09
.36
.45

.13
.11
.08
.33
.41

267
180
89
166
180

72
78
40
64
32

531
398
165
336
270

89

Total United States

._.

90
91
92

Sum of selected States (24) .

93
94
95
96
97
98
99
100
101
102
103

North Carolina:
Asheville
Charlotte
Durham
Fayetteville
Greensboro-High Point
Raleigh
Wilmington
Winston-Salem
Sum of SMSA's
Non-SMSA area

104
105
106
107
108
109
110
111
112
113
114
115 !
116
117
118

Ohio:
Akron
_ ..
Canton _
Cleveland
Columbus
Dayton
_
_ _ _
Hamilton-Middletown
Lima
Lorain-E ly ria
Springfield
Steubenville-Weirton
Youngstown- Warren,
Mansfield
Sum of SMSA's
Non-SMSA area

119
120
121
122
123
124

Oregon:
Eugene
Portland
Salem
SumofSMSA's
Non-SMSA area

125
126
127
128
129
130
131
132
133
134
135
136
137
138
139

Pennsylvania :
Allen to wn-Bethlehem-Easton _
Altoona
Erie _
- Harrisburg
Johnstown
Lancaster
Philadelphia
Pittsburgh
Reading
Scr nton
Wilkes Barre-Hazleton .
York
Sum of SMSA's
Non-SMSA area
_ _ _ _ _
.

140
141
142
143

Rhode Island :
Providence-Pawtucket-Warwick
SumofSMSA's .__
Non-SMSA area

144
145
146
147
148
149

South Carolina:
Charleston
Columbia
Greenville
SumofSMSA's
Non-SMSA area

150
151
152
153
154
155

Tennessee:
Chattanooga
Knoxville
Nashville
SumofSMSA's
Non-SMSA area

156
157
158
159

Sum of all SMSA counties
Sum of all non-SMSA areas. _ _ _

__
__

_ _ _

_
_ __

_

. .

._

__.

-

__
_ _ _ _ _

._ _ _

_ _

-

__

_

___ __

_

-

_ ._

___ -

..

. ._

Note.—Detail will not necessarily add to total because of rounding. Total earnings consists
of total wage and salary disbursements, total proprietors' income, and other labor income.




...

Source: U.S. Department of Commerce, Office of Business Economics.

May 1967

SURVEY OF CUERENT BUSINESS

29

by SMSA's and Non-SMSA's for Selected Years 1929-1962—Continued
Total earnings

Per capita income
(Dollars)

1929

1940

1950

Percent increase

Percent of the national average
1959

1962

1929

1940

1950

1959

1962

(Millions of dollars)

1929-50

1950-62

1929-62

1929

Percent of the United States

1950

1962

1929

1950

1962

Line

705

592

1,496

2,161

2,368

100

100

100

100

100

112

58

236

66, 000

186,611

357, 613

100. 00

100. 00

100. 00

89

740
951
396

622
784
355

1,486
1,741
1,031

2,154
2,477
1,507

2,376
2,715
1,693

105
135
56

105
132
60

99
116
69

100
115
70

100
115
71

101
83
160

60
56
64

221
185
328

35,840
27, 827
8,013

95, 416
71, 535
23, 880

175,370
134, 350
41, 019

54.30
42.16
12.14

51.13
38.33
12.80

49.04
37.57
11.47

90
91
92

434
556
557
362
611
460
530
925
578
254

426
581
388
460
575
468
413
492
497
265

1,156
1,483
1,182
1,541
1,587
1,189
1,038
1,473
1,372
910

1,783
2,210
1,778
1,610
2,236
1,837
1,465
2,325
1,999
1,292

1,933
2,526
2,068
1,848
2,539
2,060
1,633
2,546
2,251
1,486

62
79
79
51
87
65
75
131
82
36

72
98
66
78
97
79
70
83
84
45

77
99
79
103
106
79
69
98
92
61

83
102
82
75
103
85
68
108
93
60

82
107
87
78
107
87
69
108
95
63

166
167
112
326
160
158
96
59
137
258

67
70
75
20
60
73
57
73
64
63

345
354
271
410
316
348
208
175
289
485

36
78
29
15
66
39
25
61
349
543

120
300
97
133
260
137
73
184
1,304
2,302

215
719
199
273
562
311
125
426
2,831
4,079

.05
.12
.04
.02
.10
.06
.04
.09
.53
.82

.06
.16
.05
.07
.14
.07
.04
.10
.70
1.23

.06
.20
.06
.08
.16
.09
.03
.12
.79
1.14

93
94
95
96
97
98
99
100
101
102
103

770
820
1,068
902
780
677
647
627
695
692
734
657
874
451

708
703
887
737
721
631
542
609
639
611
634
571
751
392

1,671
1,698
2,007
1,741
1,761
1,567
1,519
1,680
1,423
1,649
1,626
1,625
1,787
1,149

2,209
2,303
2,735
2,456
2,487
2,181
2,127
2,123
2,037
2,396
2,246
2,501
2,460
1,661

2,463
2,347
2,868
2,616
2,659
2,337
2,480
2,108
2,246
2,507
2,262
2,610
2,599
1,863

109
116
151
128
111
96
92
89
99
98
104
93
124
64

120
119
150
124
122
107
92
103
108
103
107
96
127
66

112
114
134
116
118
105
102
112
95
110
109
109
119
77

102
107
127
114
115
101
98
98
94
111
104
116
114
77

104
99
121
110
112
99
105
89
95
106
96
110
110
79

117
107
88
93
126
131
135
168
105
138
122
147
104
155

47
38
43
50
51
49
63
25
58
52
39
61
45
62

220
186
169
190
241
245
283
236
223
262
208
297
197
313

259
153
1,072
311
249
65
37
59
55
86
234
35
2,615
720

673
411
2,611
823
810
194
114
211
131
222
591
126
6,918
1,946

1,292
679
4,654
1,741
1,696
395
220
394
245
346
993
267
12, 923
3,493

.39
.23
1.62
.47
.38
.10
.06
.09
.08
.13
.35
.05
3.96
1.09

.36
.22
1.40
.44
.43
.10
.06
.11
.07
.12
.32
.07
3.71
1.04

.36
.19
1.30
.49
47
.11
.06
.11
.07
.10
.28
.07
3.61
.98

104
105
106
107
108
109
110
111
112
113
114
115
116
117
118

481
866
522
785
537

484
738
491
677
528

1,596
1,718
1,393
1,659
1,529

2,175
2,428
1,804
2,311
1,981

2,123
2,674
1,948
2,491
2,117

68
123
74
111
76

82
125
83
114
89

107
115
93
111
102

101
112
83
107
92

90
113
82
105
89

232
98
167
111
185

33
56
40
50
38

341
209
273
217
294

22
316
34
372
192

170
1,017
148
1,335
846

314
1,812
251
2,377
1,266

.03
.48
.05
.56
.29

.09
.54
.08
.72
.45

.09
.51
.07
.66
.35

119
120
121
122
123
124

796
633
733
757
515
658
971
867
766
606
683
629
846
518

696
567
646
687
467
576
808
719
644
468
501
551
707
444

1,654
1,314
1,549
1,556
1,100
1,615
1,744
1,659
1,586
1,228
1,305
1,540
1,629
1,242

2,288
1,841
1,987
2,278
1,498
2,203
2,492
2,398
2,208
1,858
1,744
2,096
2,329
1,665

2,571
1,926
2,228
2,387
1,665
2,395
2,693
2,526
2,323
2,043
1,823
2,273
2,506
1,776

113
90
104
107
73
93
138
123
109
86
97
89
120
73

118
96
109
116
79
97
136
121
109
79
85
93
119
75

111
88
104
104
74
108
117
111
106
82
87
103
109
83

106
85
92
105
69
102
115
111
102
86
81
97
108
77

109
81
94
101
70
101
114
107
98
86
77
96
106
75

108
108
111
106
114
145
80
91
107
103
91
145
93
140

55
47
44
53
51
48
54
52
46
66
40
48
54
43

223
204
204
215
223
264
177
191
203
237
167
261
196
243

255
77
100
163
133
106
2,080
1,368
140
145
242
97
4,906
943

609
147
280
411
256
319
5,247
2,964
337
247
413
319
11, 547
2,321

1,046
211
450
760
358
564
9,883
4,804
555
363
490
532
20, 016
3,299

.39
.12
.15
.25
.20
.16
3.15
2.07
.21
.22
.37
.15
7.43
1.43

.33
.08
.15
.22
.14
.17
2.81
1.59
.18
.13
22
. 17

1.24

.29
.06
.13
.21
.10
.16
2.76
1.34
.16
.10
.14
.15
5.60
.92

125
126
127
128
129
130
131
132
133
134
135
136
137
138
139

867
867
904

745
745
692

1,635
1,635
1,488

2,149
2,149
2,020

2,420
2,420
2,202

123
123
128

126
126
117

109
109
99

99
99
93

102
102
93

89
89
65

48
48
48

179
179
144

405
405
33

907
907
121

1,420
1,420
248

.61
.61
.05

.49
.49
.07

.40
.40
.07

140
141
142
143

427
445
366
409
225

457
463
367
425
260

1,028
1,100
1,169
1,100
812

1,411
1,671
1,698
1,594
1,190

1,581
1,875
2,001
1,820
1,371

61
63
52
58
32

77
78
62
72
44

69
74
78
74
54

65
77
79
74
55

67
79
85
77
58

141
147
219
169
261

54
70
71
65
69

270
321
447
345
509

42
47
44
132
258

172
173
195
540
1,004

355
437
441
1,233
1,805

.06
.07
.07
.20
.39

.09
.09
.10
.29
.54

.10
.12
.12
.34
.50

144
145
146
147
148
149

646
463
634
584
234

507
431
540
496
222

1,339
1,296
1,386
1,343
720

2,028
1,882
2,097
2,009
1,148

2,110
2,004
2,288
2,150
1,318

92
66
90
83
33

86
74
91
84
38

90
87
93
90
48

94
87
97
93
53

89
85
97
91
56

107
180
119
130
208

58
55
65
60
83

227
333
261
268
463

84
79
143
306
352

269
364
435
1,069
1,127

500
642
897
2,039
2,077

.13
.12
.22
.46
.53

.14
.20
.23
.57
.60

.14
.18
.25
.57
.53

150
151
152
153
154
155

676
676
617

522
522
502

1,152
1,152
1,161

1,887
1,887
1,730

2,112
2,112
1,958

96
96
88

88
88
85

77
77
78

87
87
80

89
89
83

70
70
88

83
83
69

212
212
217

24
24
154

58
58
300

130
130
489

.04
.04
.23

.03
.03
.16

.04
.04
.14

156
157
158
159

457
711
622
832
529
672
312

444
725
644
853
563
691
316

1,093
1,519
1,594
1,760
1,375
1,568
898

1,778
2,042
1,906
2,368
1,969
2,059
1,294

2,091
2,283
2,099
2,649
2,247
2,301
1,497

65
101
88
118
75
95
44

75
122
109
144
95
117
53

73
102
107
118
92
105
60

82
94
88
110
91
95
60

88 1
96
89
112
95
97
63

139
114
156
112
160
133
188

91
50
32
51
63
47
67

358
221
237
218
325
242
380

28
51
120
166
45
411
430

91
208
615
515
152
1,581
1,403

213
489
1,113
995
312
3,121
2,489

.04
.08
.18
.25
.07
.62
.65

.05
.11
.33
.28
.08
.85
.75

.06
.14
.31
.28
.09
.87
.70

160
161
162
163
164
165
166
167

938
789
752
876
598

794
680
715
759
532

1,898
1,555
1,713
1,803
1,504

2,714
2,187
2,106
2,514
2,012

3,091
2,332
2,397
2,838
2,259

133
112
107
124
85

134
115
121
128
90

127
104
115
121
101

126
101
97
116
93

131
98
101
120
95

102
97
128
106
152

63
50
40
57
50

230
196
219
224
278

395
93
102
589
348

1,322
272
391
1,985
1,161

2,927
513
654
4,094
1,967

.60
.14
.15
.89
.53

.71
.15
.21
1.06
.62

.82
.14
.18
1.14
.55

168
169
170
171
172
173

577
480
675
577
386

570
423
513
499
340

1,384
1,143
1,334
1,283
951

2,134
1,842
1,853
1,951
1,352

2,258
1,933
1,992
2,067
1,460

82
68
96
82
55

96
71
87
84
57

93
76
89
86
64

99
85
86
90
63

95
82
84
87
62

140
138
98
122
146

63
69
49
61
54

291
303
195
258
278

69
86
102
256
438

287
231
220
739
1,154 1

484
408
286
1.177
1,399

.10
.13
.15
.39
.66

.15
.12
.12
.40
.62

.14
.11
.08
.33
.39

174
175
176
177
178
179




a 19

SUEVEY OF CUEEENT BUSINESS

30

May 1967

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962
(Millions of dollars)

1929

1950

1940

1962

1959

1940

1929

1950

1959

1962

85,803.0

78,122.0 226,214.0 380,963.0 440,192.0

47,595.6

43,161.6 115,837.0 188,247.5 215,306.4

49, 651. 0 145, 314. 0 255, 579. 0 293, 625. 0
41, 393. 0 124, 401. 0 212, 585. 0 240, 162. 0
8, 258. 0 20, 913. 0 42, 994. 0 53, 463. 0

28, 539. 0
25, 875. 6
2, 663. 4

28, 159. 4
23, 531. 8
4, 627. 6

318.5
6, 982. 0
11, 035. 9
807.0

395.7
6, 003. 1
7, 309. 7
1,668.7

66,000.0

Total earnings

687.0
13, 045. 0
12, 281. 0
3, 114. 0

3, 822. 0
37, 475. 0
27, 394. 0
15, 072. 0

11, 252. 0
46, 550. 0
48, 862. 0
26, 594. 0

13, 877. 0
50, 111. 0
59, 582. 0
33, 286. 0

656.0

2, 863. 0

7, 874. 0

10, 291. 0

86.9

375.0

63,383.0 186,611.0 313,381.0 357,613.0

35,839.6

34,558.2

Total personal income
Total wage and salary
disbursements ._ - Private
Government
Other labor income
Proprietors' income
Property income
Transfer payments ._
Less: Personal contributions for social insurance
Total earnings

Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income - Transfer payments
Less: Personal contributions for social insurance
Total earnings. ..

Total wage and salary
disbursements
Private
G o vernment
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings

__ _. __

Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insuranceTotal earnings

164,371.5

23, 422. 5
21, 270. 3
2, 152. 2

22, 721. 0
19, 155. 8
3, 565. 2

60, 566. 5 101, 602. 7
52, 597. 4 86, 149. 8
7, 969. 1 15, 452. 9

115, 079. 4
96, 440. 8
18, 638. 7

259.1
4, 145. 3
9, 582. 5
582.0

321.0
3, 703. 4
6, 135. 0
1, 240. 9

2, 084. 2
16, 036. 7
14, 010. 1
7, 956. 8

5, 793. 4
19, 981. 2
23, 485. 6
13, 510. 0

7, 069. 2
21, 380. 8
28, 472. 5
16, 531. 5

1, 545. 2

3, 930. 2

5, 067. 3

69.1

301.6

95,415.6 155,182.1 175,369.7

27,827.0

26,745.4

1, 620. 1
9, 348. 8
11, 168. 9
5, 522. 7

4, 556. 9
12, 985. 3
18, 762. 5
9, 504. 2

1,171.5

3, 048. 5

3, 925. 1

71,535.4 119,144.8

134,350.5

5, 554. 0
13, 717. 0
22, 386. 3
11, 559. 9

Gadsden, Ala.

28,781.6

43,884.6

50,934.8

269.8

253.6

766.3

1,323.8

1,416.1

21.4

23.9

100.1

155.6

161.6

5, 116. 5
4, 605. 3
511.2

5, 438. 4
4, 376. 1
1, 062. 3

16, 728. 1
13, 722. 0
3, 006. 1

27, 804. 9
21, 665. 7
6, 139. 2

31, 840. 2
24, 357. 0
7,483.2

204.5
189.8
14.7

194.5
176.2
18.3

536.9
497.6
39.2

947.6
861.2
86.3

999.1
893.0
106.1

13.5
12.6
.8

16.1
14.1
2.0

63.1
58.5
4.6

110.1
98.7
11.3

108.8
95.0
13.7

59.4
2, 836. 7
1, 453. 5
225.0

74.7
2, 299. 7
1, 174. 6
427.8

464.1
6, 688. 0
2, 841. 1
2, 434. 1

1, 236. 5
6, 995. 9
4, 723. 1
4, 005. 8

1,515.2
7,663.8
6, 086. 2
4, 971. 6

2.1
23.7
36.7
3.1

2.4
25.1
28.0
6.2

14.8
70.1
99.8
55.5

46.8
103.7
167.0
86.9

53.3
102.1
189.2
108.1

.1
4.9
2.5
.4

.2
4! 7
2.5
.8

1.9
16.1
11.0
9.3

6.0
15.0
15.2
12.5

6.3
14.9
19.9
15.4

18.5

20.9

17.7

73.3

373.7

881.7

1,142.2

.2

2.6

10.9

28.1

35.7

8,012.6

7,812.7

23,880.2

36,037.3

41,019.2

230.3

222.0

621.9

1,098.1

1,154.5

2

(0

1.3

3.1

81.1

3.8

131.1

130.0

Montgomery, Ala.

Mobile, Ala.

26.4

22.6

72.8

264.6

333.8

74.2

73.4

289.0

584.2

641.3

B7.4

67.5

194.9

337.3

379.3

9.9
8.7
1.2

11.5
7.5
4.0

38.0
29.8
8.2

183.3
100.3
83.0

239.1
144.1
95.0

45.0
40.2
4.8

50.5
40.2
10.3

208.6
164.5
44.1

437.9
307.8
130.1

476.5
321.1
155.5

39.4
33.5
6.0

46.1
28.0
18.1

132.6
91.5
41.1

234.3
149.2
85.1

261.0
161.8
99.2

.1
12.3
3. 6
.5

.1
8.2
• 2.0
1.0

.9
21.3
6.1
7.4

4.5
38.0
28.6
16.5

7.9
37.6
37.6
21.3

.5
11.6
16.1
1.0

.6
12.8
8.2
2.1

5.1
38.6
16.7
25.0

15.2
64.3
39.4
43.2

18.5
62.0
50.3
54.5

.4
11.8
15.0
.9

.4
10.1
9.6
1.9

2.2
29.0
18.6
15.5

7.0
44.2
36.5
22. 2

8.6
43.2
48.0
27.9

0)
22.3

.2

1.0

6.4

9.6

.1

.7

5.0

15.8

20.7

19.8

60.2

225.9

284.6

57.1

63.8

252.3

517.4

557.1

.1

51.6

.7

3.0

7.0

9.4

56.6

163.7

285.6

312.9

Non-SMSA area in Alabama

Sum of SMSA's in Alabama

20.5

20.1

82.7

158.5

180.8

479.7

461.0

1,505.9

2,824.1

3,113.0

368.0

326.0

1,165.0

1,839.6

2,122.6

11.5
10.6
.9

12.4
10.0
2.4

53.3
41.5
11.8

111.0
82.8
28.1

125.9
92.1
33.8

323.9
295.5
28.4

331.1
275.9
55.1

1, 032. 5
883.5
149.0

2, 024. 2
1,600.1
424.1

2, 210. 3
1,707.1
503.2

144.5
123.0
21.5

172.0
120.7
51.3

604.0
477.3
126.8

1,121.8
796.8
325.0

1,311.4
920.7
390.7

.1
5.8
2.7
.4

.1
4.9
2.2

1.3
13.3
8.2
7.9

4.8
19.0
15.5
11.7

5.8
18.4
20.3
15.1

3.2
70.2
76.7
6.2

3.8
65.7
52.4
12.7

26.2
188.4
160.5
120.8

84.3
284.2
302.2
192.9

100.6
278.2
365.4
242.4

1.5
180.7
33.6
8.3

2.0
117.1
23.1
15.6

15.9
360.5
72.7
128.0

48.1
362.9
152.5
189.2

61.7
351.4
200.1
247.4

.2

1.3

3.4

4.6

.5

4.6

22.5

63.8

83.9

.7

3.8

16.2

35.0

49.4

1,532.8

1,724.5

0)

17.5

17.5

67.9

150.1

134.7

397.3

400.5

1,247.1

2,392.7

2,589.1

326.7

291.1

980.5

Hartford-New Britain, Conn.

New Haven- Waterbury, Conn.

Bridgeport-Norwalk-Stamford, Conn.

Total personal income

77, 294. 7 129, 407. 6 146, 919. 6
66, 319. 5 107, 815. 5 120, 797. 8
10, 975. 2 21, 592. 1 26, 121. 8

87,055.5 144,362.9

9,341.8

Tuscaloosa, Ala.
Total personal income

1962

9,673.3

Hunts ville, Ala.
Total personal income

1959

37,922. 3 33,819.8

Birmingham, Ala.

Sum of non-SMSA areas

1950

Sum of all SMSA counties

Total wage and salary
50, 331. 0
disbursements
Private
. __ .. 45,498.0
Government
4, 833. 0
561.0
Other labor income
Proprietors' income
15, 108. 0
Property income . __ 18, 446. 0
Transfer payments. _- _. 1, 496. 0
Less: Personal contributions for social insurance
_ .
139.0

1940

Sum of selected States (24)

Total United States
Total personal income

1929

421.7

377.5

914.0

1, 720. 5

2,078.0

446.3

427.5

985.8

1,711.7

1,961.7

466.2

457.4

1, 155. 5

2,001.1

2,349.0

241.1
226.5
14.5

242.7
220.9
21.8

614.1
574.2
39.9

1, 148. 3
1, 055. 3
93.0

1, 377. 2
1, 262. 8
114.4

284.6
264.0
20.7

283.3
253.7
29.6

656.6
610.9
45.7

1,171.0
1, 059. 7
111.3

1, 305. 2
1, 168. 5
136.6

305.4
285.6
19.9

322.9
294.3
28.6

828.6
768.8
59.8

1, 452. 8
1, 324. 5
128.3

1,691.1
1, 532. 7
158.4

2.2
40.4
133.4
5.1

2.8
37.9
87.4
9.3

17.5
113.0
133.7
45.6

59.4
190.2
257.5
96.6

75.6
217.3
336.7
115.7

2.6
40.6
112.9
6.2

3.4
40.6
92.6
11.0

19.3
91.1
176.6
53.5

60.8
140.4
259.3
112.6

71.1
150. 8
346.6
130.5

2.8
35.6
117.4
5.5

3.9
36.9
87.6
9.8

24.9
100.1
165.0
49.7

77.0
144.9
255.4
108.6

97.4
157.6
327. 6
127.0

.5

2.7

10.0

31.5

44.4

.6

3.4

11.4

32.5

42.6

.6

3.5

12.8

37. 6

51.7

343.8

363.7

953.6

1, 674. 7

1,946.1

!

283.6

283.5

744.6

1,397.8

1, 670. 1

327.8

327.3

767.1

1,372.3

1, 527. 1

i
1

Less than $50,000.




SURVEY OF CURRENT BUSINESS

May 1967

31

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)
1929

1950

1940

1959

1962

1929

1950

1940

1959

1962

1929

1940

Sum of SMSA's in Connecticut

New London-Groton-Norwich, Conn.

1950

1959

1962

Non-SMSA area in Connecticut

88.9

88.7

236. 7

457.2

535.1

1,423.1

1,351.1

3,291.9

5,890.5

6,923.8

156.4

J55.5

407.4

637.3

826.3

56.4
49.8
6.6

55.3
45.2
10.1

151. 1
113.4
37.7

319.4
238.9
80.5

359.4
270.1
89.2

887.5
825.9
61.7

904.2
814.1
90.1

2, 250. 4
2, 067. 3
183.1

4, 091. 6
3, 678. 4
413.2

4, 732. 8
4, 234. 1
498.7

86.1
81.1
5.0

89.2
80.3
8.9

240.2
213.9
26.3

406.9
341.1
65.8

482.9
401.7
81.2

Other labor income
Proprietors' income
Property income
Transfer nayments .
Less: Personal contributions for social insurance

.5
10.3
20.4
.5

.6
9.1
20.9
3.4

3.6
25.8
45.1
13.7

14.3
31.0
74.2
26.2

17.4
36.8
101.5
30.5

8.1
126.8
384.0
18.3

10.7
124.5
288.4
33.5

65.4
330.0
520.5
162.5

211.4
506.5
846.5
344.0

261.6
562.6
1,112.3
403.8

.8
22.3
44.9
2.6

1.0
19.4
41.4
5.5

7.0
54.8
85.9
23.7

19.6
81.5
137.6
53.5

24.8
87.0
185.8
62.0

.1

.6

2.6

7.9

10.5

1.7

10.3

36.9

109.5

149.3

.2

1.0

4.2

11.8

16.2

Total earnings

67.2

65.0

180.5

364.7

413.7

1, 022. 4

1,039.5

2, 645. 8

4,809.6

5, 557. 0

109.2

109.6

302.0

508.0

594.7

Total personal income
Total wage and salary
disbursements...
Private
Government

Wilmington, Del.-Maryland-New Jersey
Total personal inco me . _ _
Total wage and salary
disbursements
Private
Government

247.2

276.2

650.6

1, 179. 6

1,360.7

247.2

276.2

650.6

1, 179. 6

1, 360. 7

37.0

49.7

152.1

271.4

313.2

130.0
122.4
7.6

157.1
144.8
12.4

404.3
369.1
35.2

794.4
689.2
105.2

917.8
788.7
129.1

130.0
122.4
7.6

157.1
144.8
12.4

404.3
369.1
35.2

794.4
689.2
105.2

917.8
788.7
129.1

16.6
13.8
2.7

22.0
16.5
5.5

80.7
69.7
11.0

165.5
111.4
54 1

191.9
126.9
65.0

1.2
22.3
91.3
2.7

1.9
22.0
92.2
4.7

11.3
60.8
154.7
26.2

37.4
79.5
233.8
54.6

46.8
85.9
265.6
70.6

1.2
22.3
91.3
2.7

1.9
22.0
92.2
4.7

11.3
60.8
154.7
26.2

37.4
79.5
233.8
54.6

46.8
85.9
265.6
70.6

.1
13.8
5.7
.8

.2
16.6
9.7
1.4

2.1
46.7
16.9
6.7

5.8
52.3
35.3
16.0

7.3
57.1
40.5
21.1

1.1

3.6

4.5

38.8

129.5

223.6

256.2

Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social
insurance
Total earnings

.2

1.6

6.7

20.1

26.0

.2

1.6

6.7

20.1

26.0

.1

153.4

181.0

476.4

911.3

1,050.4

153.4

181.0

476.4

911.3

1,050.4

30.6

Washington, D . C .-Maryland- Virginia
Total personal income

_.

Total wage and salary
disbursements
Private _
Government

Total wage and salary
disbursements.
Private
Government. ._ _ _ .

3,016.9

5,381.5

6,491.7

755.3

1, 060. 1

3, 016. 9

5,381.5

6,491.7

11.7

13.9

51.2

119.8

144.1

467.6
280.8
186.8

729.5
370.3
359.3

2, 164. 0
1, 074. 6
1, 089. 4

3, 972. 2
2, 015. 3
1, 956. 8

4, 853. 1
2, 546. 8
2, 306. 3

467.6
280.8
186.8

729.5
370.3
359.3

2, 164. 0
1, 074. 6
1, 089. 4

3, 972. 2
2, 015. 3
1, 956. 8

4, 853. 1
2, 546. 8
2, 306. 3

7.3
7.0
.4

8.7
7.8
1.0

36.7
27.5
9.2

90.6
51.9
38.7

109.5
63.6
45.8

4.5
83.2
186.8
18.5

11.4
103.9
187.7
37.8

23.3
265.0
415.3
215.5

78.4
400.3
715.2
373.3

115.5
424.4
839.9
468.2

4.5
83.2
186.8
18.5

11.4
103.9
187.7
37.8

23.3
265.0
415.3
215.5

78.4
400.3
715.2
373.3

115.5
424.4
839.9
468.2

.1
2.0
2.2
.2

.1
3.3
1.5
.4

.7
6.5
4.5
3.4

2.4
11.8
10.6
6.7

3.4
11.9
14.0
8.7

.1

.6

2.4

3.4

9.3

12.1

43.9

104.9

124. 8

5.2

10.3

66.2

157.9

209.3

5.2

10.3

66.2

157.9

209.3

555.3

844.9

2,452.3

4,450.9

5,392.9

555.3

844.9

2,452.3

4,450.9

5,392.9

Columbus, Ga.-Alabama

Augusta, Ga.-South Carolina
2, 839. 0

53.4

54.5

201.0

366.2

482.9

44.9

61.2

236.5

366.4

411.2

832.1
712.2
119.9

1, 731. 8
1, 501. 7
230.0

2, 053. 3
1, 767. 3
286.0

35.1
31.8
3.3

36.2
29.5
6.6

140.8
97.4
43.4

276.8
189.4
87.3

375.7
231.2
144.6

30.6
22.3
8.3

46.0
26.9
19.1

181.8
98.2
83.6

283.3
141.0
142.3

313. 2
157.3
155.9

18.6
125.6
158.5
74.3

73.7
209.0
312.2
122.2

95.0
216.3
398.2
150.7

.3
9.5
8.0

.4
9.6
7.1
1.6

2.8
23.0
23.5
13.5

10.7
26.8
36.9
22.3

14.5
29.1
46.6
27.1

^ 2
5^9
7.7
.6

.4
7.1
6.7
1.5

2.9
19.8
20.9
13.4

7.6
30.8
31.4
19.2

9.3
31.1
41.4
24.0

339.4

1, 192. 1

226.5
206.5
20.1

235.3
198.2
37.1

21
444
58.5
3.7

2.9
45.4
50.7
7.7

.4

2.5

17.0

53.5

74.3

.1

.4

2.6

7.4

10.2

.1

.4

2.3

5.9

7.8

273.1

283.5

976.3

2, 014. 5

2,364.5

44.8

46.2

166.6

314.3

419.3

36.7

53.4

204.5

321.7

353.6

Macon, Ga.
Total personal income.
Total wage and salary
disbursements
_
Private
Government
Other labor income
Proprietors' income
Property income _ _ _ _
Transfer payments
Less: Personal contributions for social
insurance
Total earnings. ._

(0

2,395.4

334.9

Other labor income. .. _.
Proprietors' income
Pro per t y income Transfer payments
Less: Personal Contributions for social
insurance
Total earnings

Ga.

1, 060. 1

Atlanta, Ga.
Total personal income

Albany,

Sum of SMSA's in District of Columbia

755.3

Other labor income
Proprietors' income
Property income
Transfer payments _
Less: Personal contributions for social insurance _
Total earnings

Non-SMSA area in Delaware

Sum of SMSA'S In Delaware

. .

i Less than $50,000.




Sum of SMSA's in Georgia

Savannah, Ga.

45.4

41.8

156.8

301.3

357.5

65.2

60.0

194.8

345.1

357.5

555.4

570.8

2, 032. 3

3,894.2

4, 592. 2

29.2
26.7
2.5

27.8
22.4
5.4

108.1
81.9
26.3

217.5
142.5
75.0

257.9
156.6
101.3

42.1
36.8
5.3

42.6
34.0
8.7

137.5
116.0
21.5

260.8
205.2
55.5

258.6
209.1
49.5

370.9
331.0
39.9

396.6
318.8
77.8

1, 437. 0
1, 133. 2
303.8

2, 860. 7
2, 231. 9
628.8

3, 368. 2
2, 585. 1
783.1

.3
7.6
7.8
.6

.3
7.5
5.3
1.2

2.2
19.5
16.5
13.0

7.3
31.8
30.9
22.0

9.2
32.8
40.6
27.6

.4
7.2 .
14.9
.7

.5
7.8
8.0
1.6

3.9
24.5
17.8
14.0

9.6
29.7
30.3
22.3

11.0
30.7
39.8
26. 8

3.3
76.5
99.0
6.4

4.5
80.7
79.4
13.9

31.2
219.0
241. 6
131.7

111.4
340.0
452.4
214.7

142.5
351.9
580.6
264.8

.1

.3

2.6

8.1

10.6

.1

.5

2.9

7.6

9.4

.7

4.3

28.1

85.0

115.7

37.0

35.6

129.9

256.6

299.9

49.7

50.9

165.9

300.1

300.3

450.7

481.8

1, 687. 1

3,312.1

3, 862. 5

SURVEY OF CURRENT BUSINESS

32

May 19&7

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)

1929

1940

1950

1959

1962

1940

1929

Non-SMSA area in Georgia
Total personal income _
Total wage and salary
disbursements
_
Private
Government _
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance..
Total earnings

-_ -

Total wage and salary
disbursements .
Private
.
Government
Other labor income
Proprietors' income
Pro per t y income
_
Transfer payments
Less: Personal contributions for social insurance
Total earnings

. _. _ -

Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings

_

Total wage and salary
disbursements
_
Private
Government
Other labor income
Proprietors' income
Property income
Transfer payments. __
Less: Personal contributions for social insurance
Total earnings

Total wage and salary
disbursements
Private.,
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings
Less than $50,000.




1940

1950

2,384.4

2,774.0

26.2

31.8

101.3

196.7

227.2

26.2

31.8

198.4
171.3
27.2

249.7
189.2
60.5

800.5
673.8
126.6

1, 461. 5
1, 150. 0
311.5

1, 706. 2
1, 315. 5
390.7

14.8
12.1
2.7

20.6
14.4
6.1

65.4
53.7
11.6

128.6
104.3
24.3

147.5
118.1
29.4

14.8
12.1
2.7

20.6
14.4
6.1

1.6
228.4
32.3
9.7

2.8
184.6
33.6
19.5

21.3
489.1
99.9
154.9

64.8
496.6
176. 1
232.2

81.9
531.5
230.6
288.1

.2
6.5
4.3
.5

.4
7.2
2.8
1.0

1.7
19.4
9.8
6.4

5.5
27.5
25.8
13.0

6.4
29.1
33.6
15.7

.2
6.5
4.3
.5

.2

1.3

3.8

5.2

86.5

161.6

183.0

21.5

1.1

3.0

17.3

46.8

64.3

428.4

437.1

1,310.9

2,022.9

2,319.6

0)

21.5

28.2

1959

1962

Sum of SMSA's in Idaho

1,548.3

(0

Lexington, Ky.

101.3

196.7

227.2

65.4
53.7
11.6

128.6
104.3
24.3

147.5
118.1
29.4

.4
7.2
2.8
1.0

1.7
19.4
9.8
6.4

5.5
27.5
25.8
13.0

6.4
29.1
33.6
15.7

.2

1.3

3.8

5.2

28.2

86.5

161.6

183.0

Sum of SMSA's in Kentucky

198.3

203.3

662.5

1,033.0

1, 185. 8

53.5

41.0

123.0

272.1

333.3

53.5

41.0

123.0

272.1

333.3

104.2
91.5
12.7

114.0
87.4
26.7

345.0
292.4
52.6

584.3
463.2
121.1

675.9
527.5
148.5

28.8
26.5
2.3

26.6
22.1
4.5

84.8
69.6
15.2

182.7
151.2
31.5

225.9
182.0
43.8

28.8
26.5
2.3

26.6
22.1
4.5

84.8
69.6
15.2

182.7
151.2
31.5

225.9
182.0
43.8

1.5
69.9
19.1
4.0

1.9
62.9
16.2
9.6

8.8
214.3
57.9
44.3

24.2
251.6
113.7
76.8

28.5
262.5
149.0
93.3

.4
8.0
15.5
.8

.4
5.8
7.4
1.2

2.3
15.6
13.0
9.0

8.0
39.7
29.6
18.0

10.5
43.8
38.3
23.1

.4
8.0
15.5
.8

.4
5.8
7.4
1.2

2.3
15.6
13.0
9.0

8.0
39.7
29.6
18.0

10.5
43.8
38.3
23.1

0)
37.2

.4

1.7

6.0

8.3

1.7

6.0

8.3

102.7

230.5

280.2

(0
37.2

.4

32.8

32.8

102.7

230.5

280.2

.3

1.2

7.5

17.6

23.4

175.5

178.8

568.1

860.1

966.9

Portland, Maine

Lewiston-Auburn, Maine

533.8

494.3

1,546.3

2,259.8

2,703.1

115.3

103.8

228.0

395.6

430.5

45.7

45.2

235.7
204.1
31.5

263.2
188.6
74.6

829.2
610.9
218.2

1, 283. 7
900.8
382.9

1, 500. 9
1, 000. 9
500.0

68.0
61.1
6.9

66.0
55.3
10.7

151.1
134.8
16.3

273.9
235.9
37.9

298.2
251.1
47.1

29.9
28.2
1.7

30.4
27.5
2.8

3.?
234.8
44.5
16.6

3.6
172.5
35.9
24.5

25.6
454.8
96.4
156.9

53.4
533.8
171.9
256.8

62.9
628.8
224.7
337.4

.7
13.7
30.6
2.3

.9
12.4
21.7
3.5

3.8
28.3
32.9
14.8

11.5
37.4
50.9
30.2

13.4
36.0
58.1
35.4

.3
4.7
9.8
1.1

.4
4.3
8.8
1.7

0)
34.8

.3

1.3

3.2

4.0

35.0

93.3

132.8

137.5

1.0

5.4

16.7

39.8

51.6

.1

.7

3.0

8.2

10.5

473.7

439.3

1,309.6

1,870.8

2,192.6

82.5

79.3

183.2

322.7

347.5

164.6

174.9

77.8
73.5
4.3

110.9
101.4
9.5

115.0
103.5
11.5

2.3
13.1
15.9
7.3

5.6
16.3
20.8
14.1

6.1
16.3
23.6
17.9

115.2

Baltimore, Md.

Non-SMSA area in Maine

149.0

343.1

560.2

605.4

314.6

288.4

744.1

1,142.9

1,279.4

950.1

945.8

2,405.6

3,959.9

4,550.9

97.9
89.3
8.6

96.4
82.9
13.5

228.9
208.3
20.7

384.8
337.4
47.4

413.2
354.6
58.6

169.0
152.5
16.5

168.6
138.6
30.1

450.1
384.1
66.1

736.0
557.0
179.0

832.0
619.6
212.4

552.2
478.5
73.7

627.3
526.2
101.1

1,691.3
1, 423. 0
268.4

2, 868. 1
2,369.5
498.6

3, 299. 7
2, 671. 3
628.3

1.0
18.4
40.4
3.5

1.2
16.7
30.5
5.2

6.1
41.5
48.8
22.1

17.1
53.6
71.7
44.4

19.5
52.3
81.7
53.3

1.7
70.5
64.7
9.1

2.0
49.7
54.6
15.3

12.0
136.4
94.5
60.2

30.3
146.2
139.8
113.6

37.2
147.1
160.2
132.9

6.4
104.4
276.5
12.9

8.8
106.5
183.6
27.2

44.0
259.2
312.9
130.7

138.7
309.7
494.4
236.6

170.8
345.0
549.1
301.9

161.0

.1

117.3

1.0

4.2

11.4

14.5

.4

1.8

9.2

22.9

29.9

2,3

7.6

32.4

87.6

114.3

276.5

455.5

485.0

241.2

220.4

598.6

912.5

1,016.3

663.0

742.5

1,994.5

3,316.6

3,815.5

Sum of SMSA's in Maryland

Total personal income

1929

487.3

Sum of SMSA's in Maine
Total personal income

1962

469.3

Non-SMSA area in Kentucky
Total personal income

1959

Boise City, Idaho

Non-SMSA area in Idaho
Total personal income.

1950

115.6

Boston, Mass.

Non-SMSA area in Maryland

950.1

945.8

2,405.6

3,959.9

4,550.9

221.3

220.9

672.3

1,159.6

1,443.6

2,768.5

2,343.9

5,119.0

8,353.9

9,587.9

552.2
478.5
73.7

627.3
526.2
101.1

1, 691. 3
1,423.0
268.4

2, 868. 1
2, 369. 5
498.6

3, 299. 7
2, 671. 3
628.3

110.7
93.8
16.9

122.9
98.2
24.6

414.3
299.9
114.4

789.7
494.1
295.6

942.7
577.1
365.6

1, 679. 5
1, 529. 5
150.0

1, 498. 7
1, 252. 5
246.2

3, 525. 7
3, 020. 1
505.6

5, 899. 0
5,012.3
886.7

6, 741. 0
5,695.6
1, 045. 4

6.4
104.4
276.5
12.9

8.8
106.5
183.6
27.2

44.0
259.2
312.9
130.7

138.7
309.7
494.4
236.6

170.8
345.0
549.1
301.9

1.3
62.9
42.2
4.9

1.7
51.1
37.0
9.9

8.2
135.9
79.0
44.8

28.1
145.9
133.1
90.0

37.7
168.7
219.0
112.0

15.9
274.1
761.9
41.7

17.3
220.7
521.5
103.7

88.5
477.5
720.5
371.2

256.1
646.4
1,111.5
612.4

318.4
706.3
1, 309. 8
740.6

2.3

7.6

32.4

87.6

115.6

.7

1.7

9.7

27.2

36.5

4.5

18.1

64.4

171.6

228.3

663.0

742.5

1,994.5

3,316.6

3,815.5

174.9

175.6

558.4

963.7

1,149.1

1,969.4

1,736.8

4,091.7

6,801.5

7,765.8

SURVEY OF CURRENT BUSINESS

May 1967

33

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)

1929

1950

1940

1959

1962

1940

1929

Total wage and salary
disbursements.
. _
Private.
._ . __
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings _

___...-

Total wage and salary
disbursements
Private
G o vernment
Other labor income
Proprietors' income
Property income
Transfer payments. _ ._
Less: Personal contributions for social
insurance
._
Total earnings

Other labor income ... Proprietors' income
Property income.
Transfer payments. . _ _
Less: Personal contributions for social
insurance
Total earnings

Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income
Transfer payments... _.
Less: Personal contributions for social insurance
Total earnings

_

Total wage and salary
disbursements. .
Private
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social
insurance
_
Total earnings

_

1959

1962

Springfield-Chicopee-Holyoke, Mass .

905.4

92.7

86.8

205.5

318.5

388.2

318.4

287.5

746.8

1,189.6

1,304.6

167.8
150.4
17.4

156.5
129.3
27.2

404.4
370.7
33.7

531.7
466.1
65.6

596.2
517.1
79.1

58.6
55.9
2.7

56.7
51.5
5.3

138.0
128.1
9.9

213.7
195.7
18.0

262.3
240.5
21.8

210.6
192.8
17.8

200.0
170.7
29.3

548.2
468.9
79.3

865.8
718.9
147.0

933.2
759.9
173.2

1.6
23.9
46.6
5.0

1.9
19.6
43.0
12.5

12.7
50.1
78.1
47.8

27.4
60.8
106.2
75.7

33.5
68.2
135.6
92.3

.6
8.8
23.2
1.7

.7
7.6
18.1
4.3

4.3
20.4
29.7
15.4

11.3
30.8
42.4
26.3

15.4
34.3
53.9
31.0

2.0
36.1
64.3
5.9

2.5
28.6
45.7
13.1

15.1
68.4
73.5
51.1

40.6
91.3
123.1
93.3

46.9
91.9
148.7
115.0

.5

1.9

6.5

15.4

20.2

.1

.6

2.3

6.1

8.7

.6

2.4

9.6

24.6

31.0

193.2

178.0

467.2

619.9

697.9

68.0

65.1

162.6

255.9

312.1

248.8

231.1

631.8

997.8

1,071.9

Sum of SMSA's in Massachusetts

Non-SMSA area in Massachusetts

368.8

354.8

860.8

1,245.2

1,427.2

3,792.7

3,304.6

7,518.6

11,893.6

13,613.4

62.6

62.0

153.7

265.2

313.3

243.8
223.9
19.9

243.8
211.1
32.7

611.2
550.0
61.2

876.8
781.3
95.4

1, 000. 5
885.2
115.3

2, 360. 2
2, 152. 5
207.8

2, 155. 8
1,815.1
340.7

5, 227. 5
4, 537. 8
689.7

8, 387. 0
7, 174. 3
1, 212. 7

9, 533. 2
8, 098. 3
1, 434. 9

29.8
27.3
2.5

33.2
27.9
5.3

94.0
74.1
19.9

163.6
115.0
48.6

190.4
135.1
55.4

2.3
31.1
85.5
6.7

3.0
27.2
67.1
16.4

18.8
74.5
103.6
62.7

46.4
94.9
143.9
108.2

57.0
99.0
178.5
125.5

22.3
374.0
981.4
61.0

25.5
303.7
695.4
150.1

139.3
690.9
1, 005. 5
548.1

381.9
924.3
1, 527. 2
915.8

471.3
999.6
1, 826. 5
1,104.3

.3
12.2
19.0
1.3

.4
11.4
14.1
3.2

2.0
24.4
22.0
13.2

5.3
33.1
42.0
26.1

6.9
37.0
52.9
32.6

.6

2.7

9.9

24.9

33.2

6.3

25.7

92.7

242.5

321.5

.1

.4

1.8

4.9

6.5

1,156.5

2,756.6

2,484.9

6,057.7

9,693.1

11,004.1

42.3

45.1

120.3

202.0

234.3

274.0

704.5

1,018.1

Great Falls, Mont.

Sum of SMSA's in Montana

22.5

27.8

91.1

185.9

195.9

33.6

29.7

96.0

164.6

194.7

56.1

57.5

187.0

350.5

390.6

13.8
12.2
1.6

17.2
14.5
2.7

55.3
48.4
6.9

117. 3
103. 1
14.1

122. 8
105. 2
17,6

23.2
21.0
2.2

19.7
16.8
2.9

60.7
47.8
12.9

107.5
78.3
29.2

130.7
97.5
33.2

37.0
33.3
3.7

36.9
31.3
5.6

116.0
96.2
19.8

224.7
181.4
43.3

253.5
202.7
50.8

.2
5.0
3.1
.4

.4
6.5
2.8
1.1

1.5
20.1
10.6
4.9

5.6
27. 5
28. 5
11.4

5.9
28. 6
30. 5
13.2

.4
4.4
5.2
.5

.4
5.4
3.1
1.3

1.5
19.8
10.1
5.2

4.1
20.3
25.2
10.9

5.3
24.3
27.0
12.1

.6
9.4
8.3
.9

.8
12.0
5.9
2.3

3.0
39.9
20.7
10.1

9.8
47.8
53.7
22.4

11.2
52.9
57.6
25.3

(1)
19.0

.2

1.3

4.4

5.1

.1

.3

1.3

24.1

76.9

150.3

157.3

28.0

25.6

82.0

3.5

131.9

4.6

.1

.5

2.6

7.8

9.7

160.2

47.0

49.7

158.9

282.3

317.5

Manchester, New Hampshire

Sum of SMSA's in New Hampshire

258.7

258.5

774.9

994.4

1,190.2

112.2

96.7

244.6

398.9

477.5

112.2

96.7

244.6

398.9

477.5

165.5
140.7
24.8

147.3
111.0
36.3

362.6
298.5
64.1

543.4
414.1
129.3

625.3
456.4
168.9

76.6
69.3
7.3

66.8
55.9
11.0

171.0
157.7
13.3

280.2
254.6
25.6

338.9
303.2
35.7

76.6
69.3
7.3

66.8
55.9
11.0

171.0
157.7
13.3

280.2
254.6
25.6

338.9
303.2
35.7

2.3
50.1
36.5
5.1

2.6
73.0
25.3
12.3

9.8
294.8
71.7
45.8

21.7
227.6
136.2
88.0

26.4
322.1
145.9
98.1

.6
11.0
22.1
2.1

.8
8.7
17.1
3.9

5.4
22.8
32.5
15.8

15.5
30.9
51.0
29.3

19.7
32.1
63.4
35.1

.6
11.0
22.1
2.1

.8
8.7
17.1
3.9

5.4
22.8
32.5
15.8

15.5
30.9
51.0
29.3

19.7
32.1
63.4
35.1

.6

2.0

9.8

22.4

27.7

.2

.6

3.0

8.0

11.7

.2

.6

3.0

8.0

11.7

217.9

222.9

667.2

792.7

973.8

88.2

76.4

199.2

326.6

390.7

88.2

76.4

199.2

326.6

390.7

Non-SMSA area in New Hampshire

Total personal income. .

1950

786.5

Non-SMSA area in Montana
Total personal income

1940

586.6

Billings, Mont.

Total wage and salary
disbursements
Private... ._
Government

1929

231.6

277.2

Total personal income. -

1962

244.2

Worcester, Mass.
Total personal income

1959

Pittsfield, Mass.

Fall River-New Bedford, Mass.
Total personal income-

1950

Jersey City, N.J.

Atlantic City, N.J.

207.6

184.3

442.6

803.6

921.7

103.9

76.0

187.4

308.5

370.9

592.8

522.4

1,136.6

1,637.2

1,842.3

127.5
111.8
15.7

114.5
92.5
22.0

278.4
235.6
42.7

536.6
407.4
129.2

607.1
464.2
142.9

55.4
49.4
6.0

47.0
35.6
11.5

121.3
103.5
17.8

189.2
156.8
32.4

228.5
188.4
40.1

433.8
392.4
41.4

407.4
354.4
53.0

867.2
792.3
74.9

1,293.8
1,172.2
121. 6

1,436.5
1,279.0
157. 6

1.0
31.6
43.3
4.6

1.4
25.7
35.3
8.6

7.8
61.2
64.4
36.9

24.5
82.7
111.5
64.4

29.7
88.8
137.6
80.8

.5
22.1
24.2
1.8

.5
13.6
12.5
3.3

2.8
34.7
17.1
14.1

8.0
42.7
42.8
32.1

10.5
45.4
54.7
40.2

4.7
50.2
97.2
8.1

5.9
39.5
60.7
16.3

29.8
92.3
97.9
68.2

73. 0
94. 1
100. 3
112. 7

87. 5
96. 6
136. 2
132. 4

.4

160.1




1.3

141.6

6.1

16.0

22.3

.2

1.0

2.7

6.3

8.5

1.2

7.5

19.0

36. 6

347.4

643.7

725.6

78.1

61.2

158.8

239.9

284.5

488.7

452.9

989.3

1,460.8

46. 9

1,620.6

SUKVEY OF CURRENT BUSINESS

34

May 1967

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)
1929

1940

1950

1959

1962

1940

1929

Newark, N.J.
Total personal income
Total wage and salary
disbursements
Private
Government
Other labor income
_
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social
insurance
Total earnings.

Total wage and salary
disbursements. .. . Private
Government
Other labor income
.
Proprietors' income
Property income
Transfer payments.
Less: Personal contributions for social
insurance
Total earnings, .

Total wage and salary
disbursements
Private
Government
. Other labor income
Proprietors ' income
Property income
Transfer payments
Less: Personal contributions for social
insurance
Total earnings

Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income . .
Transfer payments
Less: Personal contributions for social
insurance
_-.
Total earnings

Total wage and salary
disbursements
Private
Government. _ _ _.
Other labor income.
Proprietors ' income
Property income
Transfer payments
Less: Personal contributions for social insurance.
Total earnings




1940

1950

1959

1962

Trenton, N.J.

2,786.4

4,723.2

5,511.4

535.7

527.8

1,537.4

2,836.7

3,343.7

155.2

165.1

426.9

757.5

805.2

798.0
734.3
63.7

798.3
708.4
89.9

1, 930. 8
1, 774. 5
156.3

3,330.6
3, 013. 2
317.5

3,836.0
3, 441. 7
394.3

318.7
291.5
27.1

337.2
294.8
42.4

1,006.8
935.6
71.1

1, 891. 9
1,715.8
176.0

2,234.8
2, 017. 5
217.3

103.6
87.7
15.9

116.1
92.2
24.0

304.4
265.2
39.3

547.3
461.9
85.3

590.3
485.0
105.3

9.0
142.3
377.6
16.2

11.8
120.9
244.8
31.4

62.7
316.0
379.7
134.6

181.1
403.3
636.3
266.0

223.3
454.4
785.1
338.4

3.6
69.0
137.5
7.8

5.1
62.6
114.0
15.5

33.8
198.1
241.4
77.4

106.4
320.8
397.7
176.0

132.7
346.2
488.6
217.4

1.0
15.3
33.3
2.5

1.5
14.4
30.1
5.3

9.3
39.4
59.6
20.5

27.7
53.5
100.6
44.3

31.2
59.6
88.7
55.2

1.9

13.6

37.5

94.1

125.9

.9

6.5

20.0

56.1

76.0

.4

2.2

6.2

15.8

19.8

949.4

931.0

2,309.5

3,915.0

4,513.8

391.3

404.9

1,238.6

2,319.1

2,713.7

119.8

132.0

353.1

628.4

681.1

Non-SMSA area in New Jersey

Albany-Schenectady-Troy, N.Y.

2,728.9

2,485.0

6,074.7

10,263.1

11,873.5

443.0

421.3

1,249.0

2,642.3

3,184.7

498.3

441.0

964.4

1,494.0

1,679.7

1,709.5
1, 555. 4
154.1

1, 706. 1
1, 485. 4
220.7

4,230.5
3, 871. 1
359.4

7,252.7
6,519.8
732.9

8,326.2
7,411.6
914.6

241.6
217.1
24.5

263.3
222.6
40.8

828.5
685.1
143.4

1,722.4
1,399.4
323.1

2,059.7
1,668.0
391.7

331.3
299.9
31.4

317.9
259.6
58.3

695.8
586.8
109.0

1,091.8
867.7
224.2

1,222.4
936.1
286.3

18.9
298.8
669.8
36.4

24.9
251.0
462.1
71.8

138.4
680.5
795.8
314.9

396.1
914.4
1, 277. 6
631.0

485.2
1,002.3
1, 553. 3
783.6

2.5
79.2
112.9
7.3

3.7
67.4
78.4
13.6

23.8
207.2
133.7
74.5

86.2
297.4
394.8
195.8

110.8
328.1
508.7
250.4

3.5
51.3
104.1
9.5

4.6
44.6
62.5
16.9

18.0
89.0
114.0
64.7

45.5
109.8
161.5
122.7

51.6
115.2
187.5
145.8

4.6

30.8

85.4

208.8

277.1

.6

5.1

18.7

54.4

73.0

1.4

5.4

17.2

37.4

42.9

2,027.2

1,982.0

5,049.4

8,563.3

9,813.7

323.4

334.4

1,059.5

2.106.0

2,498.6

386.1

367.0

802.9

1,247.2

1,389.2

New York, N.Y.

Buffalo, N.Y.

133.3

126.3

325.8

576.9

695.3

841.9

766.4

1,859.3

3,149.9

3,317.7

10,676.3

8,656.8

20,462.2

32,473.0

37,373.6

80.5
74.0
6.5

80.6
69.5
11,2

213.0
183.2
29.8

394.5
341.2
53.3

482.3
417.1
65.2

573.6
527.0
46.6

556.4
481.2
75.2

1,349.7
1,234.7
115.0

2, 273. 7
2, 018. 0
255.7

2,354.5
2, 049. 7
304.9

5,990.8
5, 501. 6
489.1

5,432.8
4,638.4
794.3

14, 149. 7
12, 660. 6
1, 489. 1

22, 352. 3
19, 586. 2
2, 766. 0

25, 564. 8
22, 244. 6
3,320.2

.9
22.2
26.9
3.2

1.2
16.9
22.5
6.3

6.0
36.1
50.1
25.6

19.1
53.4
75.8
46.6

25.5
53.2
93.1
57.1

6.4
72.0
176.2
16.0

8.3
64.5
113.3
32.2

41.0
151.8
229.7
114.1

108.8
221.3
373.3
240.3

119.5
236.4
401.1
283.9

70.3
1, 150. 6
3, 335. 6
151.0

83.8
971.9
1, 906. 2
338.0

370.9
2, 214. 0
2, 881. 2
1, 104. 2

926.1
3,136.3
4, 799. 1
1, 923. 6

1,133.4
3, 344. 6
5,822.8
2,338.6

.3

1.2

5.0

12.4

15.9

2.2

8.3

27.1

67.4

77.8

21.8

75.9

257.7

664.4

830.6

103.6

98.7

255.1

467.0

561.0

651.9

629.2

1,542.6

2,603.7

2,710.5

7,211.6

6,488.4

16,734.6

26,414.7

30,042.8

Syracuse, N.Y.

Utica-Rome, N.Y.

488.4

450.3

1, 056. 4

1,921.7

2,159.2

335.2

287.2

710.5

1,223.8

1,432.2

186.2

159.8

418.7

703.8

759.6

305.1
280.2
24.8

304.6
265.4
39.1

716.4
648.6
67.8

1,348.4
1, 215. 6
132.8

1, 492. 9
1, 330. 3
162.6

224.6
207.6
17.0

201.2
173.2
28.0

494.4
442.3
52.1

858.7
749.5
109.2

1, 020. 7
874.5
146.2

111.7
103.3
8.3

104.1
90.4
13.8

279.9
242.4
37.5

501.9
389.2
112.6

535.3
400.8
134.5

3.3
51.1
120.7
9.4

4.5
46.8
78.3
20.4

21.1
112.9
157.4
62.2

68.2
152.0
262.8
128.6

79.2
164.5
316.8
152.4

2.5
42.8
59.1
6.9

3.0
34.4
38.1
13.3

13.9
80.6
83.1
48.8

39.7
113.2
142.5
96.5

49.6
118.0
163.4
113.9

1.2
27.7
41.9
4.2

1.5
22.7
25.5
7.4

8.2
55.6
49.0
32.2

22.5
58.5
75.0
62.1

24.9
60.0
84.5
73.5

46.6

.8

2.9

10.4

26.7

33.4

.4

1.5

6.2

16.2

18.6

582.9

620.3

1.2

4.2

13.6

38.2

359.5

355.9

850.4

1,568.5

1,736.7

270.0

Sum of SMSA's hi New York
Total personal income

1929

1,193.7

Rochester, N.Y.
Total personal income _ _ _

1962

1,341.3

Binghamton, N.Y.-Pennsylvania
Total personal income

1959

Paterson-Clifton-Passaic, NJ.

Sum of SMSA's in New Jersey
Total personal income

1950

238.7

588.9

1,011.6

1,188.3

140.6

128.4

343.7

Asheville, N.C.

Non-SMSA area in New York

13, 159. 6

10,887.8

25,797.3

41,543.1

47,417.2

1,233.8

1,019.7

2,721.2

4,175.3

4,816.4

42.0

46.4

144.1

227.0

263.1

7, 617. 5
6, 993. 7
623.8

6,997.6
5, 977. 7
1,019.9

17,898.9
15, 998. 6
1, 900. 3

28,821.1
25, 167. 3
3, 653. 8

32, 673. 0
28, 253. 0
4, 420. 0

644.3
613.2
31.1

595.6
530.4
65.3

1, 717. 6
1,410.7
306.9

2, 795. 7
2, 210. 4
585.4

3, 124. 2
2, 429. 0
695.2

27.3
25.0
2.3

32.0
27.3
4.7

96.0
80.1
15.9

155.4
134.1
21.3

177.5
147.8
29.7

88.1
1, 417. 7
3,864.5
200.1

106.9
1, 201. 8
2, 246. 5
434.4

479.3
2, 740. 1
3, 564. 5
1, 451. 8

1, 230. 0
3, 844. 5
5, 890. 1
2, 620. 2

1,483.7
4, 092. 1
7, 069. 2
3, 165. 1

7.8
246.7
309.5
27.3

10.0
190.1
183.9
47.8

45.1
479.6
317.3
204.4

118.9
488.6
469.0
395.8

139.2
492.9
691.0
476.7

.2
8.0
5.8
.7

.3
8.7
4.5
1.2

2.2
22.1
15.3
10.7

6.8
27.1
26.1
16.7

8.2
28.9
33.8
21.5

1.9

7.6

42.6

92.7

107.7

.1

.4

2.2

5.1

6.8

41.0

120.3

189.3

214.6

28.3

99.4

337.2

862.8

1, 065. 8

9,123.3

8,306.3

21,118.3

33,895.6

38,248.8

898.9

795.7

2,242.2

3,403.2

3,756.3

35.6

SURVEY OF CURRENT BUSINESS

May 1967

35

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)
1940

1929

1950

1959

1962

1929

1940

Total wage and salary
disbursements
Private
Government Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total Earnings

Total wage and salary
disbursements
Private
Government . .
Other labor inome._ . _
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings

Total wage and salary
disbursements
Private . Government. _
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social
insurance
Total earnings

Total wage and salary
disbursements
Private ~
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less : Personal contribution for social insurance
Total earnings

1950

1959

1962

Fayetteville, N.C.

685.1

848.3

37.0

31.2

120.4

194.8

242.1

16.2

27.3

148.2

233.8

308.7

62.4
58.0
4.4

81.2
74.7
6.6

248.2
224.5
23.7

488.6
453.5
35.1

610.6
560.3
50.4

23.4
21.8
1.7

19.9
16.7
3.1

80.1
72.5
7.6

136.3
119.6
16.7

170.2
147.7
22.4

11.3
6.9
4.5

21.2
9.1
12.2

119.4
35.4
84.0

182.7
55.4
127.3

245.6
69.8
175.8

.4
15.6
13.4
1.1

.8
16.2
11.5
2.0

5.5
46.1
40.3
19.4

20.1
74.7
84.1
32.5

27.4
81.1
109.4
41.2

.2
5.9
7.1
.4

.2
4.7
5.1
1.5

1.9
15.3
15.5
9.1

5.8
19.8
24.3
12.8

7.8
21.4
31.5
17.3

.1
3.8
.8
.2

.1
4.0
1.7
.4

1.0
12.5
9.7
6.8

2.5
21.3
20.0
10.0

3.5
24.3
26.1
13.2

.1

.8

4.4

14.8

21.4

78.4

98.3

299.7

583.3

719.1

0)

29.5

.2

1.5

4.1

6.0

24.8

97.3

161.9

199.4

0)
15.2

.1

1.2

2.7

4.0

25.3

132.9

206.6

273.4

Wilmington, N.C.

Raleigh, N.C.

80.4

88.6

303.6

539.3

659.4

43.1

51.3

162.5

303.9

372.1

30.8

26.9

85.7

131.9

153.9

55.8
52.1
3.6

65.8
60.8
5.0

213.8
198.1
15.7

388.4
353.2
35.2

476.6
429.8
46.9

27.5
22.2
5.3

35.2
23.8
11.4

102.3
80.1
22.3

207.3
155.2
52.1

254.0
189.3
64.7

18.1
17.0
1.1

17.7
15.3
2.4

56.8
47.4
9.4

87.9
70.9
16.9

101.0
78.9
22.1

.4
9.9
13.5
.9

.7
11.4
9.6
1.8

5.8
40.2
31.0
16.8

18.7
56.5
61.4
25.7

24.4
61.3
79.8
33.9

.2
10.9
3.8
.6

.4
10.4
4.6
1.1

2.1
32.7
17.9
10.0

7.0
42.1
35.6
18.3

9.2
48.1
46.1
23.6

.2
6.4
5.8
.4

.2
5.5
3.0
.7

1.1
15.3
7.5
6.6

3.1
18.2
14.0
11.9

3.9
20.2
18.1
14.7

.1

.6

3.9

11.6

16.6

.1

.4

2.4

6.4

8.9

0)

.3

1.5

3.1

4.0

66.0

77.9

259.8

463.6

562.3

38.7

45.9

137.1

256.4

311.3

24.7

23.4

73.1

109.2

125.0

Non-SMSA area in North Carolina

Sum of SMSA's in North Carolina

102.1

62.2

215.6

430.9

502.7

444.4

444.9

1,535.2

2,746.7

3,350.5

599.5

709.9

2,683.8

3,984.5

4,827.5

49.7
46.5
3.2

37.3
32.5
4.8

152.0
139.4
12.5

320.5
298.9
21.6

368.5
338.4
30.1

275.5
249.5
26.0

310.3
260.2
50.1

1, 068. 4
877.5
190.9

1, 967. 1
1, 640. 8
326.3

2, 403. 9
1, 962. 0
441.9

293.1
255.9
37.2

400.9
327.7
73.3

1,453.8
1,187.4
266.4

2, 522. 7
1, 978. 1
544.6

2,990.2
2,298.8
691.4

.3
11.4
40.1
.7

.4
8.3
15.3
1.4

4.7
27.1
21.7
13.0

17.3
33.8
47.9
20.6

20.9
36.4
62.0
27.5

2.0
71.9
90.3
5.1

3.0
69.1
55.3
10.3

24.4
211.1
158.8
92.4

81.4
293.4
313.4
148.5

105.3
321.8
406.8
192.9

2.0
248.1
45. 2
12.2

3.7
231.0
56.1
22.4

37.6
810.7
209.6
202.6

110.8
771.1
349.8
303.6

139.4
949.6
456.4
392.6

12.5

.4

3.1

20.0

57.1

80.2

1.1

4.2

425.8

349.4

543.2

635.6

.1

.4

2.8

9.3

61.4

45.9

183.8

371.6

382.4

1,304.0

2,341.9

2,831.0

73.5

100.6

3,404.6

4,079.1

30.4

2,302.1

Cleveland, Ohio

Canton, Ohio

297.0

274.4

795.3

1,332.2

1,540.8

181.3

165.7

482.9

781.0

814.3

1,370.9

1,174.4

3,089.3

5,204.0

5,633.6

221.8
204.4
17.4

205.5
178.5
27.0

577.4
535.7
41.7

962.4
878.0
84.4

1,120.8
1,017.9
102.9

128.8
120.9
7.9

120.8
109.0
11.7

347.5
329.7
17.8

566.4
529.9
36.5

578.1
533.5
44.6

902.1
835.6
66.6

824.7
730.5
94.2

2,170.8
2,051.0
119.8

3,716.5
3, 476. 7
239.7

3,972.7
3, 684. 8
287.9

2.7
34.1
32.9
5.8

3.0
31.5
27.7
8.9

18.5
77.6
88.3
43.3

52.0
103.6
159.2
82.7

66.2
104.9
181.5
105.5

1.6
22.1
25.6
3.3

1.8
20.0
18.8
5.7

10.8
53.0
52.0
25.8

31.4
65.0
83.9
50.4

34.9
66.3
88.5
66.6

11.2
159.0
280.0
20.0

11.8
147.4
164.6
35.4

64.1
376.5
376.0
138.9

190.0
456.2
661.0
284.8

221.2
459.8
760.5
354.4

.4

2.3

9.8

27.6

38.2

.2

1.4

6.1

16.1

20.1

1.4

9.5

36.9

258.6

240.0

673.5

1,117.9

1,291.9

152.5

142.7

411.3

662.7

679.2

1,072.3

983.9

2,611.4

Columbus, Ohio
Total personal income.

1940

355.1

Akron, Ohio
Total personal income

1929

110.9

Winston-Salem, N.C.
Total personal income

1962

92.8

Greensboro-High Point, N.C.
Total personal income

1959

Durham, N.C.

Charlotte, N.C.
Total personal income

1950

Dayton, Ohio

104.4

4,362.6

135.1

4,653.7

Hamilton-Middletown, Ohio

372.4

327.7

984.3

1,847.0

2,067.2

295.7

294.5

964.9

1,801.8

2,012.3

77.0

76.1

231.6

432.7

485.1

245.5
217.7
27.8

220.6
177.8
42.8

662.8
566.3
96.5

1, 332. 6
1, 074. 4
258.2

1,488.4
1, 191. 0
297.4

198.8
182.4
16.4

206.4
181.4
25.1

681.8
562.4
119.4

1,329.5
1, 070. 8
258.7

1,473.0
1, 168. 5
304.5

56.3
52.4
3.9

57.3
51.6
5.8

169.5
154.3
15.2

312.2
276.9
35.4

338.1
295.1
43.0

Other labor income
Proprietors' income
Property income - .
Transfer payments
Less: Personal contributions for social insurance

3.4
62.5
55.2
6.4

3.3
51.0
43.0
13.2

16.8
143.1
123.1
52.7

57.1
178.4
218.2
102.5

70.6
182.2
251.8
130.1

2.4
47.4
41.9
5.7

3.0
40.5
36.6
10.2

18.6
110.0
120.8
46.9

63.3
141.7
212.1
95.6

76.7
146.2
247.4
122.5

.7
8.4
10.1
1.7

.9
6.8
9.2
2.6

5.2
19.4
28.1
12.3

16.7
36.2
50.8
26.0

19.8
37.0
66.2
36.1

.5

3.2

14.3

41.7

55.8

.4

2.3

13.2

40.4

53.4

.1

.6

2.9

9.2

12.1

Total earnings. ... _ _

311.3

274.8

822.7

1,568.1

1,741.2

248.5

250.0

810.4

1,534.5

1,695.8

65.3

65.0

194.1

365.1

394.9

Total wage and salary
disbursements . .
Private
Government
_.

Less than $50,000.




SUEVEY OF CURRENT BUSINESS

36

May 1967

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)

1929

1940

1950

1962

1959

1929

Lima, Ohio
Total personal income.
Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income Transfer payments _
Less: Personal contributions for social insurance
Total earnings -

44.8

39.8

30.4
29.0
1.4

27.5
25.1
2.4

.4
6.3
6.7
1.0

.4
5.1
5.3
2.0

.1

.4

37.2

33.0

Total wage and salary
disbursements
Private
._
Government
Other labor income
Proprietors' income
Property income
Transfer payments _
Less: Personal contributions for social insurance
Total earnings. _

Total wage and salary
disbursements
Private
___
Government
Other labor income. . .
Proprietors' income
Property income
Transfer payments . _
Less: Personal contributions for social
insurance..
Total earnings

. _. _

Total wage and salary
disbursements
Private
._ __
Government
Other labor income
Proprietors' income _. _
Property income
Transfer payments
Less: Personal contributions for social
insurance
-_
Total earnings

Total wage and salary
disbursements
Private
Government. - _
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings




1940

1950

1959

1962

Springfield, Ohio

68.3

68.6

249.9

460.0

485.8

63.0

61.3

159.6

266.7

300.1

96.5
85.3
11.3

158.0
144.0
14.0

187.8
170.8
17.0

51.3
49.2
2.1

50.4
46.9
3.5

186.5
175.2
11.3

334.3
308.6
25.8

337.3
305.4
31.9

46.9
42.7
4.2

45.9
40.0
5.9

113.0
94.9
18.1

191.7
155.1
36.6

210.0
164.8
45.2

2.7
14.2
14.9
8.1

8.1
20.8
21.9
15.6

10.9
21.7
28.6
19.2

.6
7.1
7.8
1.5

.8
7.3
8.2
2.5

6.0
18.6
29.2
12.9

19.2
35.3
52.7
28.1

20.6
36.2
67.7
35.7

.6
7.4
6.9
1.3

.7
6.2
6.7
2.4

3.3
14.9
19.7
11.0

9.0
23.3
29.1
19.8

10.7
24.6
38.1
25.0

2.0

113.5

4.7

6.6

187.0

220.4

.1

59.1

.6

3.3

58.5

211.0

9.5

11.8

.1

.5

388.7

394.1

54.9

52.8

2.3

131.2

6.3

8.3

224.0

245.3

Mansfield, Ohio

Youngstown- Warren, Ohio

97.4

95.1

260.8

400.6

418.0

262.9

236.9

680.0

1,138.8

1,176.8

43.2

42.3

149.0

293.4

318.1

76.6
74.0
2.6

74.3
69.5
4.8

198.6
188.6
10.0

303.2
289.0
14.2

305.9
289.0
16.8

201.3
188.7
12.6

180.4
160.3
20.1

507.4
479.5
27.8

849.7
783.0
66.7

850.1
778.7
71.4

29.0
27.7
1.4

30.1
27.8
2.3

110.8
101.0
9.8

217.9
200.0
17.9

228.8
204.7
24.1

1.0
8.4
9.8
1.7

1.3
7.7
9.9
2.8

6.9
16.8
28.1
13.8

18.2
20.2
42.4
24.7

20.1
20.1
51.5
30.2

2.5
30.1
24.1
5.3

2.7
26.0
21.4
8.5

15.9
67.3
60.2
38.3

45.9
91.8
100.5
75.1

50.6
92.7
109.9
103.3

.4
5.9
7.0
.9

.5
4.4
6.0
1.7

3.3
11.7
17.4
7.9

12.4
24.0
29.6
15.7

13.8
24.6
38.6
20.0

.1

.8

3.4

8.2

9.8

.3

2.1

9.0

24.1

29.8

86.0

83.3

222.3

341.6

346.0

233.9

209.2

590.5

987.4

993.5

.1

35.3

.3

2.0

35.0

125.8

6.1

7.7

254.2

267.2

Eugene, Oreg.

Non-SMSA area in Ohio

3, 173. 9

2,856.8

8, 182. 2

14, 178. 0

15,513.7

842.7

764.8

2,367.6

3,827.4

4,346.0

26.0

33.4

202.1

349.7

383.5

2, 189. 0
2, 024. 7
164.3

2, 043. 9
1, 798. 4
245.6

5, 822. 4
5, 323. 8
498.6

10, 274. 4
9, 186. 3
1, 088. 1

11,091.0
9, 804. 3
1, 286. 8

468.0
429.4
38.6

447.6
372.2
75.5

1,438.8
1, 233. 2
205.6

2, 524. 3
2, 121. 8
402.5

2, 787. 2
2, 292. 2
495.1

15.2
13.5
1.7

20.3
17.2
3.2

126.4
113.3
13.1

239.8
206.7
33.2

259.1
216.8
42.3

27.3
398.7
507.9
54.7

30.1
354.0
357.1
95.6

172.3
923.0
957.8
412.0

523.1
1, 196. 4
1, 661. 4
821.1

616.0
1, 216. 3
1,930.4
1, 048. 6

6.3
245.2
99.5
25.0

6.7
175.5
95.7
45.6

40.7
466.7
270.0
185.2

123.4
515.1
409.2
339.5

148.7
557.0
536.9
426.7

.2
6.6
3.3
.8

.4
6.9
4.2
1.8

3.7
40.3
22.5
11.9

12.6
42.5
38.8
23.1

13.9
41.3
48.6
29.6

3.7

24.0

105.3

298.4

388.7

1.4

6.3

33.7

84.1

110.5

.1

.3

2.6

7.1

9.0

2, 615. 0

2,428.1

6,917.7

11,993.9

12, 923. 3

719.6

629.9

1,946.2

3,162.8

3, 492. 9

22.0

27.6

170.4

294.9

314.3

Sum of SMSA's in Oregon

Salem, Oreg.

391.2

369.0

1,218.8

1, 970. 5

2,249.3

40.1

46.6

179.1

262.6

312.3

457.4

449.0

1, 600. 1

2,582.7

2, 945. 0

251.3
223.0
28.3

247.9
203.8
44.2

801.0
704.5
96.5

1, 313. 0
1, 124. 5
188.5

1, 503. 1
1, 266. 8
236.2

22.9
17.2
5.7

28.5
17.2
11.3

103.0
80.2
22.8

161.7
112.8
48.9

198.6
135.9
62.7

289.5
253.7
35.7

296.8
238.2
58.6

1, 030. 4
898.1
132.4

1, 714. 5
1, 444. 1
270.5

1,960.9
1, 619. 6
341.3

3.4
61.3
69.0
6.8

4.8
59.7
44.8
14.6

21.5
194.4
134.3
84.0

62.4
233.8
255.0
145.5

75.6
233.2
311.2
178.1

.3
10.9
5.1
1.0

.4
9.9
5.5
2.5

2.5
42.6
20.2
13.2

6.4
45.2
30.0
23.9

8.4
43.5
37.5
30.8

3.9
78.7
77.4
8.6

5.7
76.5
54.5
18.9

27.7
277.3
176.9
109.0

81.4
321.5
323.8
192.5

97.9
318.0
397.4
238.5

.5

2.8

16.3

39.1

51.9

.1

.3

2.4

4.7

6.6

.7

3.4

21.3

50.9

67.5

316.0

312.5

1, 016. 9

1,609.2

1,811.9

34.1

38.9

148.1

213.4

250.5

372.1

379.0

1,335.4

2,117.4

2,376.7

Non-SMSA area in Oregon

Total personal income _

1929

261.6

Portland, Oreg.- Washington
Total personal income

1962

219.8

134.5

Sum of SMSA's in Ohio
Total personal income

1959

Lorain-Elyria, Ohio

Steubenville-Weirton, Ohio-W. Va.
Total personal income

1950

1940

Altoona, Pa.

Allentown-Bethlehem-Easton, Pa.-New Jersey
313.9

276.1

725.4

1, 117. 4

1, 268. 0

89.4

79.5

183.5

250.8

268.5

933.9
720.5
213.4

223.3
210.8
12.5

206.3
186.4
19.9

521.3
498.4
22.9

788.6
732.3
56.3

891.2
823.2
68.0

67.1
61.8
5.3

58.0
49.1
9.0

128.5
114.4
14.1

169.3
152.1
17.2

182.0
161.2
20.8

46.9
285.4
192.8
141.8

2.4
29.1
54.5
4.9

3.1
25.4
35.2
8.7

15.4
71.9
75.8
50.0

41.6
102.4
125.1
82.2

51.9
103.0
155.6
95.6

.8
8.8
11.1
1.8

.8
7.8
9.1
5.1

2.6
15.8
21.8
19.9

6.7
21.5
31.0
29.5

7.8
21.4
32.4
33.3

217.2

249.2

998.5

1,428.1

1,567.4

113.4
100.2
13.3

137.6
113.4
24.2

544.1
464.7
79.4

852.3
681.8
170.5

1.5
76.9
20.2
5.6

2.4
73.8
25.3
11.7

15.1
286.5
101.7
62.4

40.8
296.1
153.0
111.7

.4

1.6

11.3

25.9

33.4

.4

2.5

9.0

22.5

29.3

191.8

213.9

845.7

1, 189. 2

1,266.2

254.8

234.8

608.6

932.6

1, 046. 2

2

76.7

1.4

5.1

7.2

66.7

146.9

197.5

8.4

211.2

SURVEY OF CURRENT BUSINESS

May 1067

37

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)
1929

1950

1940

1959

1962

Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income
. ..
Transfer payments
Less: Personal contributions for social insurance
Total earnings

Total wage and salary
disbursements
Private.
Government
Other labor incomeProprietors' income
Property income
Transfer payments _ _
Less: Personal contributions for social
insurance
Total earnings

Total wage and salary
disbursements
Private
Government . _ _ _
Other labor income
Proprietors' incomeProperty income.
_.
Transfer payments
Less: Personal contributions for social
insurance _.
Total earnings

. __

Total wage and salary
disbursements
Private .
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings

Total wage and salary
disbursements
Private
._ .
Government.
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance. .
.-.
Total earnings

1962

Johnstown, Pa.

494.3

557.5

194.9

189.2

493.8

840.3

903.7

147.5

139.4

320.9

417.5

459.8

83.8
76.7
7.2

80.0
69.5
10.5

234.7
213.8
20.9

337.5
308.8
28.7

381.0
346.6
34.4

135.9
118.7
17.3

140.6
99.2
41.3

352.9
275.4
77.5

605.8
445.4
160.4

658.7
461.0
197.7

117.3
110.0
7.4

108.2
93.5
14.8

219.0
205.7
13.3

277.9
246.1
31.8

301.3
262.8
38.5

.8
15.6
27.3
2.3

1.1
15.4
16.6
4.6

6.5
39.0
37.4
27.0

17.3
47.1
58.1
44.3

21.7
47.4
70.7
49.6

1.5
25.7
28.8
3.4

1.7
20.1
21.5
7.6

7.4
50.5
50.0
42.0

21.8
76.2
92.2
66.0

25.5
75.4
89.2
81.2

1.5
14.3
11.4
3.3

1.5
12.5
11.6
6.8

7.9
28.7
29.8
39.8

13.7
41.5
38.5
54.7

16.1
40.4
49.0
63.8

2

1.0

4.4

9.9

12.8

.4

2.3

9.0

21.7

26.2

.3

1.2

4.3

8.9

10.9

100.3

96.6

280.1

401.9

450.1

163.1

162.4

410.8

703.8

759.6

133.1

122.2

255.6

333.1

357.9

Pittsburgh, Pa.

Philadelphia, Pa.-New Jersey

130.8

122.3

379.3

608.7

675.9

3,065.6

2,586.7

6, 414. 9

10,741.1

12,050.3

1,770.7

1,496.5

3,675.7

5,723.9

5,970.8

74.0
68.3
5.7

74.0
64.9
9.1

235.4
209.5
25.9

406.3
369.8
36.4

453.3
409.6
43.7

1,765.4
1, 617. 7
147.7

1, 719. 7
1, 511. 2
208.5

4, 409. 9
3, 956. 7
453.2

7, 483. 7
6, 429. 5
1, 054. 2

8, 376. 6
7, 139. 4
1, 237. 2

1, 223. 1
1, 146. 9
76.2

1,083.8
961.4
122.4

2, 602. 3
2, 453. 8
148.5

3, 995. 1
3, 666. 6
328.5

4, 133. 5
3,740.8
392.7

.7
31.8
22.1
2.5

1.0
26.4
17.5
4.2

6.4
77.1
40.4
24.2

20.5
87.7
68.3
37.4

25.4
85.5
81.9
44.7

20.2
294.5
947.6
42.1

24.1
285.6
485.7
92.7

120.0
717.2
788.5
457.9

338.6
1, 051. 0
1, 375. 1
713.1

418.0
1, 087. 9
1,606.6
844.7

13.0
131.6
379.5
26.0

15.4
118.0
235.2
56.8

74.5
287.3
448.7
310.0

196.0
445.1
762.8
442.1

217.1
453.4
783.4
524.7

.2

.8

4.1

11.5

14.8

4.3

21.1

78.6

220.5

283.5

2.4

12.7

47.2

117.2

141.4

106.5

101.5

318.8

514.5

564.2

2, 080. 2

2,029.5

5,247.1

8,873.3

9,882.5

1,367.7

1,217.2

2, 964. 2

4,636.2

4,804.1

Wilkes Barre-Hazelton, Pa.

Scranton, Pa.

179.3

155.8

406.1

603.5

662.7

190.0

140.8

316.5

432.5

465.7

307.1

221.1

512.1

600.5

626.6

117.4
109.4
8.0

108.9
95.6
13.3

283.0
268.1
14.9

414.3
381.6
32.7

466.4
426.8
39.6

123.3
111.3
12.0

91.9
71.9
20.0

207.9
191.4
16.5

286.4
252.7
33.8

303.3
262.6
40.7

210.4
197.5
12.9

153.9
129.9
23.9

353.1
329.6
23.5

403.8
354.7
49.1

410.8
351.4
59.4

1.2
21.0
36.8
3.0

1.6
17.4
22.6
6.6

8.0
45.5
44.9
29.4

21.1
62.4
70.8
47.0

26.4
62.1
69.6
53.8

1.4
20.5
41.4
3.8

1.1
14.2
23.6
11.4

6.3
32.7
34.8
39.3

13.9
43.4
47.4
50.6

15.6
44.1
58.2
55.7

2.7
29.1
60.0
5.3

2.1
20.5
31.4
15.1

13.4
46.4
43.7
62.5

19.8
57.2
54.4
78.0

21.4
58.3
65.6
85.6

.3

1.3

4.8

12.1

15.6

.4

1.4

4.6

9.3

11.2

.4

1.9

6.9

12.7

15.1

139.7

127.9

336.5

497.8

554.9

145.1

107.2

246.9

343.8

363.0

242.2

176.5

412.9

480.8

490.4

Sum of SMSA's in Pennsylvania

Non-SMSA area in Pennsylvania

129.6

119.8

380.7

603.7

674.2

6,648.5

5,644.1

14, 149. 0

22,434.1

24,583.8

1,185.8

1, 044. 5

2,948.0

3,957.8

4,264.4

72.3
68.2
4.0

77.5
68.1
9.4

258.9
221.8
37.2

409.2
366.8
42.4

443.0
392.8
50.2

4, 213. 4
3, 897. 2
316.2

3, 902. 8
3, 400. 7
502.1

9, 807. 0
8,938.5
868.5

15, 577. 9
13, 706. 5
1,871.4

17, 001. 1
14, 778. 2
2,222.9

721.5
677.8
43.7

648.0
542.1
105.9

1, 836. 8
1, 548. 3
288.5

2, 521. 6
2, 140. 6
381.0

2, 741. 8
2, 278. 2
463.6

.7
24.0
30.4
2.5

1.1
18.2
19.3
4.5

7.2
52.6
39.3
27.2

20.7
67.0
73.4
45.3

24.2
64.8
103.9
53.1

46.9
646.1
1, 650. 9
100.8

54.8
581.6
929.3
224.1

275.5
1, 464. 5
1, 655. 2
1, 129. 2

731.7
2, 102. 6
2, 797. 1
1, 690. 3

871.2
2,143.8
3, 166. 1
1, 985. 8

8.7
212.7
218.9
25.8

9.1
170.6
165.7
59.4

54.3
430.1
354.9
313.6

121.1
434.7
527.1
436.1

142.1
414.8
557.5
509.7

.2

.9

4.5

11.9

14.9

9.6

48.5

182.4

465.5

584.2

1.9

8.3

41.7

82.6

101.4

97.0

96.8

318.7

496.9

532.0

4,906.4

4,539.2

11,547.0

18,412.2

20,016.1

942.9

827.7

2,321.2

3,077.4

3,298.7

Providence-Pawtucket- Warwick, B.I.
Total personal income

1959

1950

1940

340.2

York, Pa.
Total personal income

1929

116.8

Reading, Pa.
Total personal income

1962

129.7

Lancaster, Pa.
Total personal income

1959

Harrisburg, Pa.

Erie, Pa.
Total personal income

1950

1940

1929

Sum of SMSA's in Rhode Island

Non-SMSA area in Rhode Island

531.8

476.1

1,106.7

1,540.0

1,759.2

531.8

476.1

1,106.7

1,540.0

1,759.2

63.9

55.2

162.6

283.9

320.9

361.9
335.6
26.2

323.8
280.3
43.5

783.8
714.2
69.6

1, 074. 0
935.0
139.0

1, 220. 9
1, 047. 5
173.4

361.9
335.6
26.2

323.8
280.3
43.5

783.8
714,2
69.6

1, 074. 0
935.0
139.0

1, 220. 9
1,047.5
173.4

26.7
17.2
9.5

29.0
15.6
13.3

104.8
41.2
63.5

195.0
65.5
129.5

219.9
78.3
141.5

3.0
40.1
120.0
7.6

3.8
39.8
94.2
20.8

23.2
100.0
125.3
93.1

55.0
120.2
188.5
140.8

66.0
133.3
223.9
164.1

3.0
40.1
120.0
7.6

3.8
39.8
94.2
20.8

23.2
100.0
125.3
93.1

55.0
120.2
188.5
140.8

66.0
133.3
223.9
164.1

.2
6.1
30.2
.9

.2
4.9
19.6
2.1

1.2
15.5
31.8
11.7

3.5
20.6
50.0
20.3

5.0
22.9
55.6
24.5

.9

6.3

18.7

38.6

49.0

.9

6.3

.18.7

38.6

49.0

.1

.6

2.4

5.6

7.1

405.1

367.3

907.0

1,249.2

1,420.2

405.1

367.3

907.0

1,249.2

1,420.2

32.9

34.1

121.4

219.2

247.8




SUEVEY OF CUREENT BUSINESS

38

May 196(7

Table 2.—Personal Income by Major Source in SMSA's and Non-SMSA's, 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)
1929

1950

1940

1959

1962

1929

Charleston, S.C.
Total personal income
Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
_
Property, income
Transfer payments
Less: Personal contributions for social
insurance .,
Total earnings

Total wage and salary
disbursements
Private
Government
Other labor income.. ._
Proprietors' income
Property income . _ _ _
Transfer payments
Less: Personal contributions for social
insurance
Total earnings

Total wage and salary
disbursements
Private
Government .
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
___
Total earnings

Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income
_.
Transfer payments
Less: Personal contributions for social insurance
Total earnings

Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income .
Transfer payments
Less: Personal contributions for social insurance.
„
Total earnings
1

Less than $50,000.




1940

1950

1959

1962

Greenville, S.C.

200.1

354.1

413.8

55.3

65.3

205.1

429.5

502.8

55.1

63.9

243.0

428.0

526.3

33.2
27.4
5.7

52.4
27.5
25.0

151.9
85.2
66.7

266.1
151.5
114.6

311.1
172.4
138.7

38.3
33.6
4.7

48.9
35.4
13.5

145.0
109.7
35.3

321.7
191.7
130.0

377.5
241.2
136.3

31.9
29.7
2.2

43.3
36.8
6.5

162.7
150.6
12.1

302.3
262.2
40.2

378.1
329.5
48.6

.2
8.5
10.1
.7

.4
7.9
5.7
1.7

2.6
17.9
15.7
14.8

7.8
30.1
35.9
22.1

9.9
34.0
41.3
27.7

.3
8.4
7.6
.8

.6
8.8
5.9
1.6

3.1
24.6
19.7
15.8

9.7
41.0
40.9
24.6

13.3
46.1
46.2
31.2

.2
11.4
10.8
.9

.5
9.8
9.0
1.7

4.9
27.7
29.9
20.8

14.5
38.7
55.2
25.9

19.6
43.0
64.7
33.2

.1

.4

2.9

7.9

10.2

.1

.6

3.1

8.4

11.4

.1

.5

3.0

8.6

12.3

41.9

60.8

172.4

304.1

354.9

47.0

58.3

172.7

372.4

436.8

43.5

53.6

195.3

355.5

440.8

Non-SMSA area in South Carolina

Chattanooga, Tenn.-Georgia

163.0

196.9

648.2

1,211.6

1,443.0

291.2

360.4

1,194.0

1,794.9

2,158.1

119.4

107.8

332.1

566.4

620.8

103.4
90.8
12.6

144.7
99.7
45.0

459.6
345.5
114.1

890.1
605.3
284.8

1,066.7
743.2
323.6

150.7
132.1
18.6

220.0
159.8
60.2

717.6
609.8
107.7

1, 198. 1
960.8
237.4

1, 412. 5
1, 125. 5
287.0

70.8
64.8
6.0

74.2
61.4
12.7

224.9
205.9
19.0

392.3
355.2
37.1

414.8
369.7
45.1

.7
28.3
28.5
2.4

1.5
26.6
20.6
5.0

10.7
70.2
65.3
51.4

31.9
109.9
132.0
72.6

42.7
123.1
152.2
92.1

.9
106.6
27.4
6.3

2.1
99.3
28.9
12.5

20.7
265.9
97.0
107.0

56.0
272.2
163.1
139.5

71.4
321.3
221.8
176.4

.7
12.7
33.6
1.7

.8
12.7
17.7
3.3

6.0
38.6
41.3
25.9

19.5
58.1
72.3
36.8

21.9
63.3
89.1
47.1

2.5

14.1

34.0

45.4

.1

.8

4.6

12.6

15.5

321.5

1,004.1

1,526.3

1,805.3

84.2

87.6

269.5

469.9

499.9

.3

1.4

9.0

24.9

33.9

.7

132.4

172.7

540.5

1, 031. 9

1,232.5

258.2

Nashville, Tenn.

Sum of SMSA's in Tennessee

96.6

106.7

439.9

684.1

747.4

173.8

171.3

532.7

960.0

1, 093. 4

389.8

385.9

1,304.8

2,210.5

2,461.5

66.9
61.1
5.8

79.4
65.1
14.3

319.1
277.2
41.9

501.9
419.0
82.9

549.4
449.4
99.9

111.4
99.9
11.5

116.6
95.2
21.4

353.4
307.2
46.2

656.8
564.1
92.7

738.4
626.8
111.6

249.1
225.8
23.3

270.1
221.7
48.4

897.3
790.2
107.1

1, 551. 1
1,338.3
212.7

1,702.6
1,445.9
256.7

.7
11.4
15.8
1.9

.9
11.0
12.6
3.8

8.4
36.8
47.1
35.3

22.9
60.4
70.7
44.2

26.8
65.9
69.5
55.8

1.2
30.3
28.5
2.7

1.3
27.7
21.6
5.4

8.4
73.1
68.8
36.7

27.7
114.8
127.1
54.8

33.6
125.0
155.9
67.6

2.5
54.4
77.9
6.3

3.0
51.4
51.8
12.6

22.8
148.4
157.3
97.9

70.1
233.3
270.1
135.8

82.3
254.2
314.5
170.6

.1

.9

6.7

16.1

20.1

.2

1.3

7.6

21.2

27.1

.4

3.1

18.9

49.9

62.6

79.0

91.3

364.3

585.2

642.1

142.8

145.6

434.8

799.4

897.0

306.0

324.5

1,068.6

1,854.5

2,039.1

Burlington, Vt.

Sum of SMSA's in Vermont

388.5

406.6

1,365.3

2,120.7

2,547.7

32.0

27.5

72.3

139.4

161.5

32.0

27.5

72.3

139.4

161.5

149.5
127.9
21.6

195.5
142.6
52.9

668.2
521.3
146.9

1, 253. 5
961.5
292.0

1, 519. 0
1, 175. 4
343.6

18.6
16.0
2.6

17.0
13.7
3.3

46.3
39.5
6.7

94.2
74.8
19.4

107.2
89.5
17.7

18.6
16.0
2.6

17.0
13.7
3.3

46.3
39.5
6.7

94.2
74.8
19.4

107.2
89.5
17.7

1.7
200.7
25.1
12.4

2.3
162.2
27.1
22.1

16.9
442.1
97.9
157.0

55.8
471.3
172.1
209.3

73.5
484.7
260.3
265.6

.2
5.4
7.2
.8

.2
4.1
5.4
.9

1.1
11.0
9.7
5.1

4.0
16.5
17.3
10.2

5.1
17.3
23.3
12.4

.2
5.4
7.2
.8

.2
4.1
5.4
.9

1.1
11.0
9.7
5.1

4.0
16.5
17.3
10.2

5.1
17.3
23.3
12.4

.8

2.5

16.8

41.3

55.4

.2

.9

2.7

3.7

351.9

359.9

1,127.2

1,780,6

2,077.2

21.3

58.4

114.6

129.6

(')

24.1

Non-SMSA area in Vermont

Total personal income

1929

67.8

Non-SMSA area in Tennessee
Total personal income

1962

52.7

Knoxville, Tenn.
Total personal income

1959

Columbia, S.C.

Sum of SMSA's in South Carolina
Total personal income

1950

1940

C1)

24.1

.2

.9

2.7

3.7

21.3

58.4

114.6

129.6

Newport News-Hampton, Va.

Lynchburg, Va.

192.3

155.8

367.2

541.8

623.6

37.8

41.0

105.8

196.0

244.3

54.9

68.8

235.1

456.5

563.9

111.1
101.7
9.3

94.8
80.3
14.4

229.3
201.6
27.8

336.2
282.0
54.2

382.9
318.6
64.3

21.3
19.4
1.8

27.7
23.8
3.9

73.8
66.4
7.5

144.7
126.7
18.1

180.3
157.2
23.1

45.6
32.1
13.5

57.9
33.1
24.7

185.3
111.1
74.3

359.7
207.6
152.1

439.8
271.7
168.1

1.1
41.7
33.8
4.8

1.2
29.3
25.6
5.9

6.2
64.2
45.7
26.5

16.0
85.3
63.5
51.4

19.4
86.3
86.4
62.7

.2
6.5
9.2
.7

.4
6.2
5.8
1.3

2.0
14.9
9.6
6.9

7.2
20.4
15.7
12.3

9.7
22.8
21.4
16.0

.3
4.9
3.5
.7

.5
5.1
4.8
1.0

3.6
18.6
17.6
13.7

11.7
28.2
45.3
21.4

18.0
30.8
62.1
27.2

.2

1.0

4.6

10.6

14.0

.1

.3

1.4

4.2

5.9

.2

.4

3.7

9.8

14.0

153.9

125.3

299.6

437.6

488.6

28.0

34.3

90.7

172.3

212.8

50.8

63.4

207.5

399.6

488.6

SURVEY OF CURRENT BUSINESS

May 1967

39

Table 2.—Personal Income by Major Source in SMSA's, and Non-SMSA's 1929, 1940, 1950, 1959, and 1962—Continued
(Millions of dollars)

1929

1940

1950

1959

1962

1940

1929

Norfolk-Portsmouth, Va.
Total personal income
Total wage and salary
disbursements
Private
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings

1950

1959

1962

1950

1940

1929

Kichmond, Va.

1959

1962

Roanoke, Va.

142.9

169.3

710.5

1,098.0

1,314.0

213.6

246.6

626.1

1,050.9

1,249.8

55.4

64.2

183.2

311.4

379.9

101.1
75.2
26.0

126.9
74.1
52.8

555.9
222.4
333.5

839.8
380.7
459.1

997.9
457.7
540.2

141.9
126.0
15.8

175.0
144.5
30.5

444.9
375.8
69.0

732.3
621.7
110.6

858.8
718.1
140.6

38.7
36.4
2.3

46.7
41.4
5.3

132.4
115.6
16.7

223.2
193.3
29.8

270.9
232.8
38.1

.9
18.4
20.7
2.2

1.2
17.8
20.8
4.0

6.5
52.8
70.4
37.3

18.3
80.4
125.0
57.7

25.2
89.8
158.7
73.5

1.6
22.5
45.5
2.5

2.1
25.1
41.6
4.9

10.2
60.3
87.4
32.6

31.8
86.5
165.8
57.7

40.9
95.0
213.6
71.8

.5
6.1
9.2
1.0

.6
6.8
8.8
2.0

2.9
16.8
22.5
12.4

9.1
26.3
36.0
24.9

12.2
28.7
49.2
29.6

.5

1.5

12.4

23.1

31.1

.4

2.0

9.2

23.1

30.3

.1

.8

3.7

8.1

10.7

120.5

145.9

615.2

938.5

1,112.8

166.0

202.2

515.3

850.5

994.6

45.3

54.2

152.0

258.6

311.7

Sum of SMSA's in Virginia

Seattle-Everett, Wash.

Non-SMSA area in Virginia

Total personal income . -

504.6

589.8

1,860.7

3,112.8

3,751.9

498.9

548.0

1,639.8

2,461.1

2, 963. 2

505.8

472.5

1,608.1

2,971.2

3,540.4

Total wage and salary
disbursements
Private
Government

348.5
289.1
59.4

434.2
316.9
117.2

1, 392. 3
891.3
501.0

2, 299. 6
1, 530. 0
769.6

2, 747. 6
1, 837. 5
910.1

246.6
209.0
37.6

326.3
243.6
82.7

969.3
770.5
198.8

1,668.4
1, 252. 1
416.4

1, 964. 3
1, 452. 0
512.3

326.1
288.7
37.4

325.7
266.2
59.5

1, 081. 4
899.7
181.6

2, 055. 2
1, 762. 5
292.6

2,485.0
2, 131. 8
353.1

3.6
58.5
88.0
7.2

4.7
61.1
81.7
13.2

25.1
163.4
207.5
102.9

78.1
241.8
387.8
173.9

105.9
267.0
505.1
218.2

2.8
180.6
59.0
11.5

4.0
144.8
57.4
19.5

25.5
407.9
135.4
121.9

71.1
369.1
208.0
194.6

90.6
434.2
285.4
255.2

4.8
63.6
104.2
7.9

5.5
63.3
63.3
18.8

28.5
212.3
173.5
133.1

94.8
298.5
392.5
192.1

126.1
316.3
473.4
223.1

Other labor income
Proprietors' income
Property income - _
Transfer payments, _ _ .
Less: Personal contributions for social insurance^
Total earnings

._

1.2

5.0

30.4

68.5

92.0

1.6

4.1

20.2

50.1

66.5

.8

4.1

20.6

61.9

83.5

410.6

500.0

1,580.8

2,619.5

3, 120. 6

430.0

475.2

1,402.7

2, 108. 5

2, 489. 1

394.5

394.5

1,322.2

2,448.5

2,927.4

Spokane, Wash.
Total personal income
Total wage and salary
disbursements
Private
Government
Other labor income __ -.
Proprietors' income
Property income
Transfer payments. . _.
Less: Personal contributions for social insurance
Total earnings

118.0

112.2

345.7

601.7

659.8

122.5

130.5

474.2

669.7

793.7

746.4

715.3

2,428.0

4,242.6

4,993.9

73.9
62.4
11.6

74.8
55.8
19.0

214.6
174.3
40.3

392.6
301.5
91.1

421.8
320.8
100.9

84.3
69.6
14.8

94.0
64.7
29.3

332.3
191.3
141.0

469.9
282.7
187.2

567.7
312.6
255.2

484.4
420.6
63.7

494.5
386.7
107.8

1, 628. 3
1, 265. 3
363.0

2, 917. 7
2, 346. 7
571.0

3,474.4
2, 765. 2
709.2

1.1
17.9
23.2
2.2

1.2
16.1
15.9
5.3

5.1
52.1
45.0
33.7

14.6
69.5
84.7
52.8

16.8
74.0
100.6
61.9

1.1
16.5
18.5
2.2

1.3
16.5
14.4
5.4

6.1
52.8
49.3
39.5

14.8
64.9
79.2
54.4

18.0
68.0
93.8
62.7

7.0
98.0
145.9
12.3

8.1
95.9
93.7
29.5

39.7
317.1
267.8
206.3

124.3
432.9
556.4
299.3

160.9
458.3
667.8
347.7

.2

1.1

4.8

12.6

15.3

92.9

92.1

271.7

476.8

512.6

2

1.1

5.7

13.4

16.5

1.2

6.4

31.1

87.9

115.3

102.0

111.8

391.2

549.6

653.7

589.4

598.4

1,985.1

3,474.9

4,093.7

t

Non-SMSA area in Washington
Total personal income
Total wage and salary
disbursements
Private.
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance
Total earnings

Total wage and salary
disbursements
Private
__
Government
Other labor income
Proprietors' income
Property income
Transfer payments
Less: Personal contributions for social insurance _ _ _ .
Total earnings

Huntington-Ashland, W. Va.-Kentucky-Ohio

Charleston, W. Va.

396.2

398.0

1,436.4

2,093.2

2,417.4

90.4

111.9

331.7

538.0

569.8

100.5

95.8

281.1

467.0

500.5

225.3
200.9
24.4

241.4
187.3
54.1

793.1
587.2
205.9

1, 279. 0
898.6
380.4

1, 465. 7
1,009.6
456.1

59.9
55.1
4.8

87.3
78.9
8.4

249.2
226.2
23.0

399.3
355.9
43.4

420.2
370.8
49.4

70.2
65.8
4.4

67.8
58.0
9.8

193.4
172.5
20.9

328.1
291.7
36.5

346.6
303.1
43.4

3.0
119.5
40.4
8.7

3.8
90.9
43.1
22.0

18.7
349.6
152.3
140.0

47.5
384.7
236.4
188.2

59.3
442.2
280.3
223.3

.9
7.8
20.4
1.5

1.6
9.4
12.0
2.5

8.3
29.3
31.9
17.3

21.4
41.1
51.9
35.5

23.9
39.9
56.2
42.8

1.0
14.9
12.4
2.1

1.2
11.8
12.1
3.9

5.8
32.0
32.8
21.7

15.9
42.7
50.2
40.9

18.0
43.0
55.4
50.4

53.4

.1

1.0

4.3

11.1

13.1

.1

1.0

4.7

10.9

12.9

386.8

407.6

.8

3.2

17.4

42.5

347.8

336.1

1, 161. 5

1,711.2

1,967.2

68.6

Wheeling, W. Va.-Ohio
Total personal income _

Sum of SMSA's in Washington

Tacoma, Wash.

98.4

286.8

461.7

484.0

86.1

80.8

231.3

Non-SMSA area in West Virginia

Sum of SMSA's in West Virginia

138.7

107.6

262.4

351.5

366.9

329.6

315.2

875.2

1,356.5

1,437.2

492.7

478.0

1,378.8

1,732.5

1,824.4

84.9
80.4
4.6

75.1
67.5
7.6

185.6
171.1
14.5

241.6
219.7
21.9

243.1
217.2
25.9

215.0
201.3
13.7

230.2
204.4
25.8

628.2
569.8
58.4

969.0
867.3
101.8

1,009.9
891.2
118.7

336.7
312.0
24.7

341.6
287.7
53.9

927.4
830.9
96.5

1, 142. 7
962.6
180.1

1, 172. 2
965.4
206.8

1.2
15.4
35.0
2.3

1.3
12.0
15.9
4.1

6.7
28.2
26.5
18.9'

12.8
29.8
41.6
32.6

13.6
29.2
50.7
38.7

3.2
38.1
67.8
5.9

4.2
33.2
40.1
10.4

20.8
89.5
91.3
58.0

50.2
113.6
143.7
109.0

55.5
112.0
162.3
131.9

5.5
95.4
45.5
10.3

5.7
75.7
41.7
17.8

37.8
189.1
132.4
112.1

59.5
175.6
177.5
213.5

64.1
162.3
206.9
260.3

.1

.9

3.5

7.2

8.4

.3

2.9

12.6

29.1

34.4

.7

4.5

19.9

36.4

41.4

101.5

88.4

220.5

284.3

285.8

256.2

267.6

738.6

1,132.8

1,177.4

437.6

423.0

1,154.2

1,377.9

1,398.5




SURVEY OF CURRENT BUSINESS

40

May 196'

Table 3.—Percent Distribution of Total Persona]

1929
Line

Total
personal
income

1 Total United States
2
3
4

Sum of selected States (24)
Sum of all SMS A counties
Sum of all non-SMSA areas

._

_

Wages and salaries
Total

Government

Private

Other
labor
income

Proprie- Property Transfer
tors'
payincome
ments
income

Less:
Personal Total
contri- earnings
butions

100.00

58.66

5.63

53.03

.65

17.61

21.50

1.74

.16

76.92

100.00
100. 00
100. 00

59.96
61.76
52.89

5.60
5.68
5.28

54.37
56.09
47.61

.67
.68
.61

14.67
10.93
29.32

23.19
25.27
15.03

1.70
1.53
2.33

.18
.18
.18

75.30
73.38
82.83

100. 00
100. 00
100.00
100. 00
100. 00
100.00
100. 00
100. 00

75.79
63.07
37.63
60.72
58.49
56.20
67.53
39.27

5.45
3.97
4.64
6.46
8.83
4.39
5.92
5.85

70.34
59.10
32.99
54.26
49.66
51.81
61.60
33.42

.77
.61
.33
.64
.53
.54
.67
.41

8.80
22.97
46.40
15.68
17.54
28.35
14.63
49.09

13.59
11.69
13.77
21.77
22.29
13.25
15.99
9.14

1.13
1.78
2.03
1.30
1.27
1.80
1.28
2.27

.08
.13
.16
.11
.12
.14
.10
.18

85.36
86.66
84.36
77.04
76.56
85.09
82.83
88.78

100.00
100.00
100.00
100.00
100.00
100.00

57.16
63.77
65.52
63.45
62.37
55.05

3.44
4.63
4.26
7.45
4.33
3.22

53.72
59.14
61.26
56.00
58.03
51.83

.52
.58
.61
.54
.57
.48

9.57
9.10
7.63
11.57
8.91
14.25

31.63
25.30
25.18
22.91
26.99
28.69

1.22
1.39
1.18
1.66
1.29
1.66

.11
.13
.12
.13
.12
.13

67.26
73.45
73.76
75.57
71.85
69.78

5
6
7
8
9
10
11
12
13

Alabama:
Birmingham _
Qadsden
Huntsville
Mobile
Montgomery..
Tuscaloosa
Sum of SMSA's
Non-SMSA area

14
15
16
17
18
19
20

Connecticut:
Bridgeport-Nor walk-Stamford
New Haven- Waterbury Hartford-New Britain
New London- Groton-N or wich
Sum of SMSA's ..
.
Non-SMSA area

21
22
23
24

Delaware:
Wilmington
Sum of SMSA's
Non-SMSA area. -

100.00
100.00
100.00

52.59
52.59
44.80

3.09
3.09
7.39

49.50
49.50
37.41

.47
.47
.38

9.01
9.01
37.41

36.94
36.94
15.31

1.08
1.08
2.26

.08
.08
.15

62.07
62.07
82.59

25
26
27

District of Columbia:
Washington
Sum of SMSA's

100.00
100. 00

61.90
61.90

24.73
24.73

37. 17
37.17

.60
.60

11.01
11.01

24.74
24.74

2.44
2.44

.69
.69

73.51
73.51

28
29
30
31
32
33
34
35
36

Georgia:
Albany .
Atlanta - . .
Augusta
Columbus
Macon.
Savannah
Sum of SMSA's
Non-SMSA area_

100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

(52.87
67.65
65.72
68.19
64.28
64.62
66.77
42.28

3.10
5.99
6.21
18.53
5.50
8.18
7.18
5.79

59.77
61.65
59.51
49.65
58.78
56.44
59.59
36.49

.49
.63
.49
.44
.56
.63
.60
.35

16.76
13.26
17.70
13. 13
16.82
11.01
13.78
48.66

18.63
17. 47
14.88
17.18
17.20
22.79
17.82
6.88

1.38
1.10
1.34
1.29
1.27
1.08
1.16
2.07

.13
. 11
.14
.22
.13
.12
.12
.24

80.12
81.55
83.92
81.75
81.66
76.25
81.15
91.29

37
38
39
40

Idaho:
Boise City
Sum of SMSA's
Non-SMSA area

100. 00
100. 00
100.00

56.42
56.42
52.53

10.28
10.28
6.41

46.14
46.14
46.13

.84
.84
.73

24.67
24.67
35.26

16.52
16.52
9.61

1.73
1.73
2.03

.18
.18
.16

81.93
81.93
88.52

41
42
43
44

Kentucky:
Lexington
Sum of SMSA's._.
Non-SMSA area

100.00
100.00
100. 00

53.86
53.86
44.15

4.35
4.35
5.90

49.51
49.51
38.24

.70
.70
.61

14.93
14.93
43.98

29.03
29.03
8.34

1.56
1.56
3.11

.08
.08
.18

69.49
69.49
88.73

45
46
47
48
49

Maine:
Portland
Lewiston- Auburn
Sum of SMSA's
Non-SMSA area

100. 00
100.00
100. 00
100. 00

58.98
65.38
60.79
53.73

6.00
3.63
5.33
5.25

52.98
61.75
55.46
48.48

.65
.60
.64
.54

11.91
10.19
11.42
22.41

26.52
21.42
25.07
20.56

2.03
2.50
2.16
2.88

.08
.09
.09
.12

71.54
76.17
72.85
76.68

50
51
52
53

Maryland:
Baltimore . _. ._
Sum of SMSA's
Non-SMSA area

100. 00
100. 00
100. 00

58.12
58.12
50.05

7.76
7.76
7.66

50.36
50.36
42.39

.67
.67
.59

10.98
10.98
28.41

29.11
29.11
19.07

1.36
1.36
2.20

.25
.25
.32

69.78
69.78
79.05

54
55
56
57
58
59
60
61

Massachusetts:
Boston
Fall River-New Bedford
Pittsfield
Springfield-Chicopee-Hol yokeWorcester. _ _
Sum of SMSA's
Non-SMSA area

100.00
100. 00
100. 00
100. 00
100. 00
100.00
100. 00

60.66
68.69
63.18
66.16
66.10
62.23
47.66

5.42
7.10
2.90
5.61
5.40
5.48
4.03

55.25
61.58
60.29
60.55
60.70
56.75
43.63

.57
.64
.63
.64
.62
.59
.46

9.90
9.77
9.49
11.35
8.44
9.86
19.53

27.52
19.09
25.00
20.18
23.19
25.88
30.42

1.51
2.04
1.83
1.86
1.82
1.61
2.07

.16
.22
.13
.18
.17
.17
.16

71.14
79.09
73.30
78.14
75.16
72.68
67.66

100.00
100. 00
100.00
100.00

61.47
68.94
65.95
63.95

7.01
6.41
6.65
9.57

54.46
62.53
59.30
54.38

.92
1.14
1.05
.89

22.16
13.07
16.72
19.36

13.97
15.40
14.83
14.09

1.66
1.63
1.64
1.96

.19
.18
.18
.25

84.56
83.15
83.72
84.20

100.00
100.00
100.00

68.27
68.27
61.42

6.48
6.48
7.57

61.79
61.79
53.85

.52
.52
.46

9.82
9.82
15.23

19.68
19.68
20.84

1.85
1.85
2.22

.14
.14
.18

78.61
78.61
77.11

100.00
100.00
100.00
100.00
100.00
100.00
100. 00

53.37
73.18
59.50
59.48
66.75
62.64
54.55

5.79
6.98
4.75
5.07
10.23
5.65
5.53

47.58
66.20
54.75
54.41
56.52
57.00
49.01

.49
.79
.67
.68
.64
.69
.57

21.30
8.46
10.61
12.88
9.83
10.95
17.89

23.28
16.39
28.15
25.67
21.43
24.54
25.49

1.73
1.37
1.21
1.45
1.61
1.34
1.65

.18
.20
.14
.17
.26
.17
.15

75.16
82.43
70.78
73.04
77.22
74.29
73.00

100. 00
100.00
100. 00
100.00
100.00
100.00
100.00
100.00
100.00

66.49
60.36
68.13
56.11
62.47
67.03
59.96
57.89
52.22

6.30
4.84
5.54
4.58
5.09
5.08
4.48
4.74
2.52

60.19
55.52
62.59
51.53
57.38
61.94
55.48
53.15
49.70

.71
.66
.76
.66
.68
.75
.65
.67
.64

10.29
16.65
8.55
10.78
10.47
12.78
14.88
10.77
19.99

20.90
20.18
20.92
31.24
24.71
17.64
22.50
29.37
25.09

1.90
2.40
1.90
1.41
1.92
2.05
2.25
1.52
2.21

.29
.25
.26
.20
.25
.25
.24
.22
.15

77.49
77.67
77.44
67.55
73.62
80.56
75.49
69.33
72.85

-

_ _
.

.
.. _._

-

-

_

_

62
63
64
65
66

Montana:
Billings .
Great Falls
Sum of SMSA's
Non-SMSA area

67
68
69
70

New Hampshire:
Manchester
Sum of SMSA's
Non-SMSA area

71
72
73
74
75
76
77
78

New Jersey:
Atlantic City
Jersey City
. .
Newark
_
_ _
Paterson-Clifton-Passaic
_.. _
Trenton
Sum of SMSA's
Non-SMSA area ._

79
80
81
82
83
84
85
86
87
88

New York:
Albany-Schenectady-Troy
Binghamton
Buffalo
New York
Rochester
Syracuse
_ _
Utica-Rome
Sum of SMSA's
Non-SMSA area

_ _ _ _ _

_

._

_

Source: U.S. Department of Commerce, Office of Business Economics.



...

SURVEY OF CURRENT BUSINESS

May 1967

41

Income by Major Source for Selected Years
1950

Total
personal
income

Wages and salaries
Total

Government

Private

1962

Less:
Wages and salaries
Other Proprie- Prop- Trans- PerTotal Total
labor
tors'
erty fer pay- sonal earn- personal
income income income ments contri- ings income Total Govern- Pributions
ment
vate

Less:
Line
Other Proprie- Prop- Trans- PerTotal
labor
tors'
erty fer pay- sonal
earnincome income income ments contri- ings
butions

100.00

64.24

9.24

54.99

1.69

16.57

12.11

6.66

1.27

82.49

100.00

66.70

12.15

54.56

3.15

11.38

13.54

7.56

2.34

81.24

1

100.00
100. 00
100.00

66.73
69.57
58. 12

9.47
9.15
10.44

57.25
60.42
47.68

1.80
1.86
1.61

13.84
10.74
23.24

12.09
12.83
9.87

6.87
6.34
8.46

1.33
1.35
1.30

82.37
82.17
82.97

100.00
100. 00
100.00

68.24
70.01
62.51

12.13
11.34
14.69

56.11
58.67
47.82

3.28
3.38
2.97

9.93
8.35
15.05

13.22
13.62
11.95

7.68
7.03
9.76

2.35
2.39
2.24

81.45
81.74
80.53

2
3
4

100. 00
100. 00
100.00
100. 00
100. 00
100.00
100. 00
100. 00

70.06
62.97
52.22
72.17
68.03
64.46
68.56
51.85

5.12
4.56
11.32
15.25
21.07
14.28
9.89
10.88

64.94
58.41
40.90
56.93
46.96
50.18
58.67
40.97

1.93
1.87
1.18
1.78
1.14
1.52
1.74
1.37

9.15
16.10
29.31
13.35
14.86
16.04
12.51
30.95

13.03
11.00
8.42
5.76
9.54
9.97
10.66
6.24

7.25
9.33
10.23
8.66
7.96
9.59
8.02
10.99

1.43
1.26
1.35
1.73
1.54
1.57
1.49
1.39

81.15
80.94
82.70
87.31
84.04
82.02
82.81
84.16

100.00
100.00
100.00
100.00
100.00
100. 00
100. 00
100.00

70.55
67.30
71.61
74.31
68.81
69.59
71.00
61.79

7.49
8.49
28.45
24.24
26.16
18.68
16.17
18.41

63.06
58.81
43.17
50.07
42.65
50.92
54.84
43.38

3.77
3.92
2.36
2.89
2.28
3.23
3.23
2.90

7.21
9.25
11.26
9.67
11.39
10.16
8.94
16.56

13.36
12.32
11.26
7.85
12.66
11.25
11.74
9.43

7.64
9.55
6.38
8.51
7.35
8.32
7.79
11.66

2.52
2.35
2.89
3.23
2.49
2.55
2.70
2.33

81.52
80.47
85.24
86.88
82.48
82.98
83.17
81.25

5
6
7
8
9
10
11
12
13

100.00
100. 00
100.00
100.00
100.00
100. 00

67.19
66.61
71.71
63.83
68.36
58.95

4.36
4.64
5.18
15.93
5.56
6.45

62.82
61.97
66.54
47.90
62.80
52.51

1.92
1.96
2.15
1.53
1.99
1.71

12. 36
9.24
8.66
10.91
10.03
13.46

14.63
17.91
14.28
19.07
15.81
21.09

4.99
5.43
4.30
5.77
4.94
5.83

1.09
1.16
1.11
1.11
1.12
1.04

81.47
77.82
82.53
76.27
80.37
74.13

100.00
100.00
100.00
100.00
100.00
100.00

66.27
66.53
71.99
67.16
68.36
58.45

5.51
6.96
6.74
16.68
7.20
9.83

60.77
59.57
65.25
50.48
61.15
48.62

3.64
3.63
4.15
3.26
3.78
3.00

10.46
7.69
6.71
6.89
8.13
10.53

16.20
17.67
13.95
18.96
16.07
22.49

5.57
6.65
5.41
5.70
5.83
7.50

2.14
2.17
2.20
1.97
2.16
1.97

80.37
77.85
82.85
77.31
80.26
71.98

14
15
16
17
18
19
20

100. 00
100. 00
100.00

62.14
62.14
53.06

5.40
5.40
7.26

56.73
56.73
45.80

1.74
1.74
1.37

9.34
9.34
30.73

23.78
23.78
11.13

4.02
4.02
4.42

1.02
1.02
.72

73.22
73.22
85.16

100.00
100.00
100.00

67.45
67.45
61.26

9.49
9.49
20.74

57.96
57.96
40.51

3.44
3.44
2.32

6.31
6.31
18.23

19.52
19.52
12.92

5.19
5.19
6.73

1.91
1.91
1.45

77.20
77.20
81.80

21
22
23
24

100.00
100.00

71.73
71.73

36.11
36.11

35.62
35.62

.77
.77

8.79
8.79

13.77
13.77

7.14
7.14

2.20
2.20

81.29
81.29

100.00
100.00

74.76
74.76

35.53
35.53

39.23
39.23

1.78
1.78

6.54
6.54

12.94
12.94

7.21
7.21

3.22
3.22

83.07
83.07

25
26
27

100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00

71.59
69.80
70.03
76.88
68.99
70.61
70.71
51.70

17.88
10.06
21.60
35.34
16.76
11.05
14.95
8.18

53.70
59.74
48.43
41.54
52.23
59.56
55.76
43.52

1.45
1.56
1.41
1.22
1.41
1.99
1.53
1.38

12.76
10.54
11.45
8.39
12.44
12.56
10.78
31.59

8.79
13.29
11.69
8.83
10.53
9.13
11.89
6.45

6.65
6.24
6.73
5.65
8.30
7.19
6.48
10.00

1.23
1.43
1.32
.98
1.67
1.48
1.38
1.12

85.79
81.90
82.89
86.50
82.84
85.16
83.01
84.66

100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100.00

75.96
72.32
77.82
76.15
72. 14
72.34
73.34
61.51

31.80
10.07
29.94
37.92
28.33
13.84
17.05
14.09

44.16
62.25
47.88
38.24
43.81
58.50
56.29
47.42

2.38
3.34
3.00
2.27
2.58
3.09
3.10
2.95

8.27
7.62
6.03
7.56
9.17
8.58
7.66
19.16

9.71
14.03
9.66
10.06
11.37
11.13
12.64
8.31

6.02
5.31
5.61
5.85
7.71
7.50
5.77
10.39

2.34
2.62
2.11
1.89
2.97
2.64
2.52
2.32

86.61
83.29
86.85
85.98
83.89
84.01
84.11
83.62

28
29
30
31
32
33
34
35
36

100. 00
100.00
100. 00

64.49
64.49
52.07

11.47
11.47
7.94

53.02
53.02
44.13

1.67
1.67
1.33

19.14
19.14
32.35

9.62
9.62
8.74

6.32
6.32
6.68

1.25
1.25
1.13

85.31
85.31
85.75

100. 00
100. 00
100. 00

64.95
64.95
57.01

12.95
12.95
12.52

52.00
52.00
44.48

2.82
2.82
2.40

12.81
12.81
22.14

14.78
14.78
12.56

6.93
6.93
7.87

2.29
2.29
1.98

80. 58
80.58
81.54

37
38
39
40

100. 00
100.00
100. 00

68.89
68.89
53.62

12.35
12.35
14.11

56.54
56.54
39.51

1.83
1.83
1.66

12.72
12.72
29.41

10.57
10.57
6.24

7.35
7.35
10.15

1.35
1.35
1.08

83.43
83.43
84.69

100. 00
100. 00
100. 00

67.77
67.77
55.52

13.15
13.15
18.50

54.62
54.62
37.03

3.15
3.15
2.33

13.13
13.13
23.26

11.50
11.50
8.31

6.93
6.93
12.48

2.48
2.48
1.91

84.05
84.05
81.11

100. 00
100. 00
100. 00
100. 00

66.28
67.58
66.72
60.49

7.15
3.77
6.02
8.88

59.13
63.80
60.70
51.61

1.64
2.02
1.77
1.62

12.43
11.41
12.09
18.34

14.44
13.77
14.21
12.70

6.50
6.32
6.44
8.09

1.30
1.11
1.23
1.24

80.36
81.01
80.58
80.44

100. 00
100. 00
100. 00
100. 00

69.26
65.76
68.25
65.03

10.94
6.58
9.68
16.60

58.32
59.18
58.57
48.43

3.10
3.49
3.22
2.91

8.36
9.33
8.64
11.50

13.50
13.48
13.49
12.52

8.22
10.23
8.80
10.39

2.45
2.29
2.40
2.34

80.73
78.58
80.11
79.43

41
42
43
44
41
45
46
47
48
49

100.00
100.00
100. 00

70.31
70.31
61.62

11.16
11.16
17.02

59.15
59.15
44.61

1.83
1.83
1.22

10.78
10.78
20.21

13.01
13.01
11.74

5.43
5.43
6.66

1.35
1.35
1.45

82.91
82.91
83.05

100. 00
100. 00
100. 00

72.51
72.51
65.30

13.81
13.81
25.33

58.70
58.70
39.98

3.75
3.75
2.61

7.58
7.58
11.69

12.07
12.07
15.17

6.63
6.63
7.76

2.54
2.54
2.53

83.84
83.84
79.60

50
51
52
53

100. 00
100. 00
100. 00
100. 00
100. 00
100.00
100. 00

68.88
68.95
67.14
73.41
71.00
69.53
61.13

9.88
5.75
4.81
10.62
7.11
9.17
12.92

59.00
63.20
62.33
62.79
63.89
60.35
48.21

1.73
2.16
2.08
2.03
2.18
1.85
1.31

9.33
8.53
9.92
9.17
8.66
9.19
15.85

14.08
13.32
14.48
9.84
12.03
13.37
14.30

7.25
8.15
7.47
6.84
7.28
7.29
8.57

1.26
1.11
1.10
1.28
1.15
1.23
1.17

79.93
79.64
79.15
84.60
81.84
80.57
78.29

100.00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00

70.31
65.84
67.57
71.53
70.10
70.03
60.78

10.90
8.74
5.61
13.28
8.08
10.54
17.67

59.40
57.11
61.95
58.25
62.02
59.49
43.11

3.32
3.70
3.98
3.59
3.99
3.46
2.19

7.37
7.53
8.83
7.04
6.93
7.34
11.82

13.66
14.97
13.87
11.40
12.51
13.42
16.89

7.72
10.19
7.98
8.81
8.79
8.11
10.41

2.38
2.24
2.23
2.38
2.33
2.36
2.08

81.00
77.07
80.38
82.17
81.03
80.83
74.79

54
55
56
57
58
59
60
61

100.00
100. 00
100. 00
100. 00

60.69
63.28
62.02
46.79

7.53
13.44
10.56
8.28

53.15
49.84
51. 45
38.52

1.63
1.61
1.62
1.26

22.11
20.58
21.33
38.05

11.63
10.53
11.07
9.25

5.38
5.37
5.37
5.90

1.44
1.38
1.41
1.26

84.43
85.48
84.97
86.11

100. 00
100. 00
100. 00
100. 00

62.70
67.09
64.89
52.54

9.00
17.03
13.00
14.19

53.70
50.06
51.89
38.35

3.02
2.70
2.86
2.22

14.59
12.47
13.53
27.06

15.59
13.88
14.73
12.26

6.73
6.21
6.47
8.24

2.62
2.35
2.48
2.32

80.30
82.27
81.28
81.82

62
63
64
65
66

100. 00
100.00
100. 00

69.91
69.91
62.89

5.43
5.43
9.65

64.47
64.47
53.24

2.23
2.23
1.77

9.33
9.33
13.84

13.29
13.29
14.56

6.48
6.48
8.33

1.23
1.23
1.38

81.46
81.46
78.49

100. 00
100.00
100. 00

70.97
70.97
65.87

7.48
7.48
15.50

63.49
63.49
50.37

4.12
4.12
3.22

6.72
6.72
9.64

13.27
13.27
14.93

7.36
7.36
8.76

2.45
2.45
2.41

81.81
81.81
78.72

67
68
69
70

100. 00
100.00
100. 00
100. 00
100. 00
100. 00
100. 00

64.73
76.30
69.29
65.48
71.30
69.64
66.33

9.49
6.59
5.61
4.63
9.20
5.92
11.48

55.24
69.71
63.68
60.86
62.10
63.73
54.85

1.52
2.62
2.25
2.20
2.18
2.28
1.90

18.49
8.12
11.34
12.88
9.22
11.20
16.59

9.15
8.62
13.63
15.70
13.97
13.10
10.71

7.54
6.00
4.83
5.04
4.79
5.18
5.96

1.43
1.67
1.34
1.30
1.46
1.41
1.49

84.74
87.05
82.89
80.56
82.70
83.12
84.83

100. 00
100. 00
100.00
100. 00
100. 00
100. 00
100. 00

61.62
77.98
69.60
66.84
73.31
70.12
64.67

10.82
8.55
7.15
6.50
13.08
7.70
12.30

50.80
69.42
62.45
60.34
60.23
62.42
52.38

2.84
4.75
4.05
3.97
3.87
4.09
3.48

12.25
5.24
8.25
10.36
7.40
8.44
10.30

14.74
7.39
14.24
14.61
11.02
13.08
15.97

10.84
7.19
6.14
6.50
6.86
6.60
7.86

2.29
2.54
2.28
2.27
2.46
2.33
2.29

76.71
87.97
81.90
81.16
84.58
82.65
78.45

71
72
73
74
75
76
77
78

100. 00
100. 00
100.00
100. 00
100. 00
100.00
100.00
100. 00
100.00

72.16
65.36
72.59
69.15
67.81
69.59
66.85
69.38
63.12

11.31
9.14
6.19
7.28
6.41
7.33
8.96
7.37
11.28

60.85
56.23
66.41
61.87
61.40
62.26
57.88
62.02
51.84

1.87
1.85
2.21
1.81
2.00
1.96
1.97
1.86
1.66

9.23
11.09
8.17
10.82
10.69
11.34
13.28
10.62
17.62

11.82
15.38
12.36
14.08
14.90
11.70
11.70
13.82
11.66

6.71
7.86
6.13
5.40
5.89
6.87
7.70
5.63
7.51

1.78
1.54
1.46
1.26
1.29
1.46
1.49
1.31
1.57

83.25
78.31
82.97
81.78
80.50
82.89
82.10
81.86
82.40

100.00
100. 00
100.00
100.00
100.00
100.00
100. 00
100.00
100. 00

72.78
69.37
70.97
68.40
69.14
71.27
70.47
68.91
64.87

17.04
9.38
9.19
8.88
7.53
10.21
17.71
9.32
14.43

55.73
59.99
61.78
59.52
61.61
61.06
52.76
59.58
50.43

3.07
3.67
3.60
3.03
3.67
3.46
3.28
3.13
2.89

6.86
7.65
7.13
8.95
7.62
8.24
7.90
8.63
10.23

11.17
13.39
12.09
15.58
14.67
11.41
11.12
14.91
14.35

8.68
8.21
8.56
6.26
7.06
7.95
9.68
6.68
9.90

2.56
2.29
2.34
2.22
2.16
2.33
2.45
2.25
2.24

82.71
80.69
81.70
80.39
80.43
82.97
81.65
80.66
77.99

80
81
82
83
84
85
86
87
88




SURVEY OF CURKENT BUSINESS

42

May 196",

Table 3.—Percent Distribution of Total Persona!
1929
Line

89
90
91
92

Total
personal
income

Total United States
Sum of selected States (24)

Sum of all SMS A counties
Sum of all non-SMSA areas

93
94
95
96
97
98
99
100
101
102
103

North Carolina:
Asheville
._
Charlotte
Durham
Fayetteville
Greensboro-High Point
Raleigh
Wilmington
Winston-Salem
Sum of SMSA's
Non-SMSA area

104
105
106
107
108
109
110
111
112
113
114
115
116
117
118

Ohio:
Akron.. . _
Canton.
_.. _ .
Cleveland
Columbus
Dayton.
Hamilton- Middletown
Lima
Lorain-Elyria
Springfield
Steubenville-Weirton
Youngstown- Warren
Mansfield
Sum of SMSA's
Non-SMSA area

119
120
121
122
123
124

Oregon:
Eugene
Portland
Salem
_
Sum of SMSA's
Non-SMSA area

__

. _

.

Wages and salaries
Total

Government

Private

Other
labor
income

Less:

Proprie- Property Transfer Personal Total
contri- earnings
tors'
payincome
ments
butions
income

100.00

58.66

5.63

53.03

0.65

17.61

21.50

1.74

0.16

76.92

100. 00
100.00
100.00

59.96
61.76
52.89

5.60
5.68
5.28

54.37
56.09
47.61

.67
.68
.61

14.67
10.93
29.32

23.19
25.27
15.03

1.70
1.53
2.33

.18
.18
.18

75.30
73.38
82.83

100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

65.06
67.22
63.22
70.05
69.41
63.84
58.75
48.68
62.01
48.89

5.47
4.75
4.46
27.54
4.52
12.33
3.59
3.11
5.86
6.20

59.59
62.47
58.76
42.51
64.89
51.51
55.16
45.57
56.15
42.69

.51
.43
.42
.36
.48
.54
.70
.29
.44
.33

19.11
16.80
15.99
23.40
12.31
25.38
20.62
11.13
16.17
41.39

13.87
14.41
19.25
4.92
16.79
8.93
18.85
39.24
20.33
7.53

1.57
1.23
1.20
1.53
1.10
1.44
1.19
.71
1.15
2.03

.12
.09
.09
.27
.09
.13
.10
.05
.09
.18

84.68
84.45
79.63
93.82
82.19
89.77
80.06
60.10
78.62
90.61

100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100.00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00

74.70
71.07
65.81
65.92
67.21
73.13
67.92
75.17
74.39
78.62
76.57
67.31
68.97
55.54

5.86
4.37
4.86
7.45
5.54
5.12
3.15
3.08
6.60
2.69
4.79
3.15
5.18
4.58

68.83
66.69
60.95
58.47
61.67
68.01
64.77
72.09
67.78
75.93
71.78
64.16
63.79
50.96

.90
.89
.81
.91
.80
.87
.91
.94
.92
1.01
.95
.88
.86
.75

11.48
12.20
11.60
16.77
16.03
10.88
14.16
10.39
11.75
8.64
11.44
13.60
12.56
29.10

11.09
14.13
20.42
14.82
14.18
13.10
14.87
11.37
10.97
10.08
9.16
16.14
16.00
11.81

1.97
1.82
1.46
1.73
1.91
2.15
2.25
2.26
2.13
1.73
2.00
2.19
1.72
2.97

.13
.11
.10
.14
.13
.13
.12
.12
.15
.09
.12
.12
.12
.17

87.07
84.16
78.22
83.60
84.03
84.88
82.99
86.49
87.05
88.28
88.96
81.79
82.39
85.39

100. 00
100. 00
100. 00
100.00
100. 00

58.53
64.23
57.10
63.28
52.22

6.57
7.23
14.30
7.81
6.10

51.96
57.00
42.81
55.47
46.12

.88
.88
.68
.86
.68

25.22
15.66
27.12
17.21
35.38

12.67
17.62
12.76
16.92
9.31

2.89
1.74
2.61
1.88
2.58

.20
.14
.27
.15
.18

84.63
80.78
84.90
81.36
88.28

125
126
127
128
129
130
131
132
133
*34
135
136
137
138
139

Pennsylvania:
Altentown-B et hlehem-E aston
Altoona_ - Erie
Harrisburg
Johnstown
Lancaster.
Philadelphia
Pittsburgh
Reading. .
Scranton
Wilkes Barre-Hazleton _ .
York
Sum of SMSA's ...
Non-SMSA area

100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

71.14
75.05
64.65
69.73
79.54
56.54
57.59
69.07
65.50
64.89
68.51
55.75
63.37
60.85

3.98
5.97
5.51
8.86
5.01
4.33
4.82
4.31
4.49
6.29
4.19
3.10
4.76
3.69

67.16
69.07
59.13
60.87
74.54
52.21
52.77
64.77
61.02
58.60
64.32
52.65
58.62
57.16

.76
.92
.65
.75
.99
.55
.66
.73
.67
.71
.89
.56
.71
.73

9.28
9.84
12.00
13.21
9.71
24.31
9.61
7.43
11.74
10.77
9.46
18.50
9.72
17.94

17.38
12.40
21.09
14.77
7.72
16.88
30.91
21.43
20.54
21.80
19.55
23.43
24.83
18.46

1.57
1.97
1.77
1.76
2.22
1.88
1.37
1.47
1.68
2.02
1.72
1.89
1.52
2.18

.13
.18
.16
.22
.18
.15
.14
.14
.14
.19
.14
.13
.14
.16

81.18
85.81
77.30
83.69
90.24
81.39
67.86
77.24
77.92
76.37
78.87
74.81
73.80
79.52

140
141
142
143

Rhode Island:
Providence-Pawtucket-Warwick
Sum of SMSA's
Non-SMSA area

100.00
100.00
100.00

68.06
68.06
41.73

4.94
4.94
14.80

63.12
63.12
26.93

.57
.57
.25

7.55
7.55
9.55

22.56
22.56
47.29

1.43
1.43
1.35

.17
.17
.17

76.17
76.17
51.53

100.00
100.00
100.00
100.00
100.00

62.95
69.31
57.91
63.40
51.75

10.91
8.43
4.00
7.73
6.38

52.04
60.88
53.91
55.67
45.37

.44
.51
.35
.43
.32

16.20
15.17
20.73
17.38
36.61

19.21
13.74
19.57
17.48
9.40

1.37
1.42
1.58
1.46
2.15

.18
.14
.14
.15
.23

79.59
84.99
78.99
81.22
88.68

100.00
100.00
100.00
100.00
100.00

59.29
69.31
64.07
63.91
38.48

5.04
6.01
6.61
5.98
5.55

54.25
63.30
57.47
57.93
32.92

,58
.72
.67
.65
.44

10.67
11.77
17.41
13.95
51.66

28.13
16.35
16.39
19.97
6.45

1.41
1.97
1.57
1.62
3.18

.09
.11
.10
.10
.21

70.54
81.80
82.15
78.51
90.58

100.00
100.00
100.00

57.97
57.97
57.74

7.97
7.97
4.86

50.00
50.00
52.88

.49
.49
.57

16.82
16.82
21.71

22.43
22.43
17.57

2.40
2.40
2.51

.10
.10
.11

75.27
75.27
80.02

100.00
100.00
100.00
100.00
100.00
100.00
100.00

56.24
83.06
70.74
66.42
69.84
69.07
49.43

4.81
24.61
18.16
7.41
4.08
11.77
7.54

51.43
58.44
52.58
59.01
65.76
57.30
41.88

.62
.62
.66
.75
.91
.72
.56

17.29
8.99
12.89
10.53
11.00
11.59
36.20

24.25
6.33
14.47
21.28
16.64
17.44
11.83

1.83
1.33
1.56
1.19
1.81
1.43
2.30

.23
.33
.33
.17
.20
.24
.32

74.15
92.67
84.29
77.70
81.75
81.37
86.19

144
145
146
147
148
149

South Carolina:
Charleston
Columbia
Greenville
Sum of SMSA's
Non-SMSA area. _

150
151
152
153
154
155

Tennessee:
Chattanooga
Knoxville
Nashville
Sum of SMSA's
Non-SMSA area_._.

156
157
158
159

Vermont:
Burlington
Sum of SMSA's
Non-SMSA area

160
161
162
163
164
165
166
167

Virginia:
Lynchburg
Newport News-Hampton.
Norfolk- Portsmouth
Richmond
Roanoke _ ._
Sum of SMSA's
Non-SMSA area. . .

168
169
170
171
172
173

Washington:
Seattle-Everett
Spokane
Tacoma
..
Sum of SMSA's ..
Non-SMSA area

100.00
100.00
100.00
100.00
100.00

64.47
62.62
68.85
64.90
56.86

7.40
9.80
12.06
8.54
6.15

57.07
52.82
56.80
56.35
50.71

.95
.92
.89
.93
.77

12.58
15.15
13.50
13.14
30.17

20.60
19.67
15.14
19.55
10.21

1.57
1.83
1.81
1.65
2.20

.16
.19
.19
.17
.20

77.99
78.69
83.24
78.97
87.79

174
175
176
177
178
179

West Virginia:
Charleston
Huntington-Ashland
Wheeling
_. _
Sum of SMSA's
Non-SMSA area

100.00
100.00
100.00
100.00
100.00

66.24
69.88
61.22
65.24
68.33

5.30
4.37
3.28
4.17
5.02

60.94
65.51
57.94
61.07
63.31

1.02
1.02
.88
.96
1.12

8.67
14.80
11.09
11.56
19.36

22.55
12.36
25.23
20.57
9.24

1.62
2.06
1.68
1.78
2.08

.10
.12
.10
.10
.13

75.93
85.70
73.18
77.75
88.81




_.

..
.

. _

May 1967

SUEVEY OF CUBKENT BUSINESS

43

Income by Major Source for Selected Years—Continued
1962

1950

Total
personal
income

Wages and salaries
Total

Government

Private

Less:
Wages and salaries
Other Proprie- Prop- Trans- PerTotal Total
labor
tors'
erty fer pay- sonal earn- personal
income income income ments contri- ings income Total Govern- Pributions
ment
vate

Less:
Line
Other Proprie- Prop- Trans- PerTotal
erty fer pay- sonal
labor
tors'
earnincome income income ments contri- ings
butions

100.00

64.24

9.24

54.99

1.69

16.57

12.11

6.66

1.27

82.49

100.00

66.70

12.15

54.56

3.15

11.38

13.54

7.56

2.34

81.24

89

100.00
100.00
100.00

66.73
69.57
58.12

9.47
9.15
10.44

57.25
60.42
47.68

1.80
1.86
1.61

13.84
10.74
23.24

12.09
12.83
9.87

6.87
6.34
8.46

1.33
1.35
1.30

82.37
82.17
82.97

100.00
100. 00
100.00

68.24
70.01
62.51

12.13
11.34
14.69

56.11
58.67
47.82

3.28
3.38
2.97

9.93
8.35
15.05

13.22
13.62
11.95

7.68
7.03
9.76

2.35
2.39
2.24

81.45
81.74
80.53

90
91
92

100.00
100.00
100. 00
100.00
100.00
100.00
100.00
100.00
100.00
100. 00

66.64
69.89
66.54
80.55
70.40
62.97
66.21
70.48
69.60
54.17

11.04
6.66
6.29
56.69
5.15
13.69
10.93
5.80
12.44
9.93

55.60
63.22
60.25
23.86
65.24
49.28
55.29
64.68
57.16
44.24

1.55
1.55
1.60
.69
1.92
1.28
1.23
2.19
1.59
1.40

15.34
12.98
12.72
8.42
13.23
20.09
17.79
12.57
13.75
30.21

10.64
11.35
12.87
6.52
10.20
11.00
8.73
10.05
10.34
7.81

7.40
5.47
7.54
4.61
5.53
6.15
7.74
6.02
6.02
7.55

1.56
1.24
1.28
.80
1.28
1.49
1.70
1.31
1.30
1.13

83.52
84.42
80.87
89.66
85.55
84.35
85.24
85.24
84.94
85.78

100.00
100.00
100. 00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

67.44
71.98
70.27
79.56
72.28
68.24
65.63
73.30
71.75
61.94

11.28
5.94
9.27
56.93
7.11
17.37
14.33
5.98
13.19
14.32

56.17
66.05
61.01
22.63
65.17
50.87
51.29
67.31
58.56
47.62

3.12
3.23
3.21
1.13
3.71
2.48
2.51
4.15
3.14
2.89

11.00
9.56
8.85
7.87
9.29
12.93
13.13
7.24
9.60
19.67

12.85
12.90
13.02
8.44
12.10
12.38
11.77
12.33
12.14
9.45

8.19
4.85
7.13
4.29
5.14
6.35
9.56
5.47
5.76
8.13

2.60
2.52
2.48
1.29
2.52
2.39
2.60
2.49
2.39
2.08

81.56
84.77
82.34
88.56
85.27
83.66
81.27
84.69
84.49
84.50

93
94
95
96
97
98
99
100
101
102
103

100.00
100.00
100.00
100.00
100.00
100 00
100. 00
100.00
100.00
100.00
100.00
100. 00
100.00
100.00

72.60
71.96
70.27
67.34
70.66
73.16
71.76
74.61
70.79
76.15
74.61
74.32
71.16
60.77

5.24
3.68
3.88
9.81
12.37
6.56
8.39
4.50
11.33
3.83
4.09
6.57
6.09
8.68

67.36
68.27
66.39
57.53
58.28
66.60
63.37
70.11
59.46
72.32
70.52
67.75
65.07
52.09

2.33
2.24
2.07
1.71
1.93
2.26
2.04
2.39
2.07
2.64
2.34
2.25
2.11
1.72

9.75
10.97
12.19
14.54
11.40
8.38
10.57
7.44
9.35
6.44
9.89
7.82
11.28
19.71

11.10
10.77
12.17
12.50
12.52
12.13
11.10
11.69
12.35
10.79
8.85
11.65
11.71
11.41

5.45
5.34
4.49
5.36
4.86
5.32
6.04
5.17
6.88
5.30
5.64
5.30
5.04
7.82

1.23
1.27
1.19
1.45
1.37
1.26
1.52
1.30
1.45
1.31
1.33
1.34
1.29
1.43

84.68
85.16
84.53
83.58
83.99
83.80
84.38
84.45
82.21
85 22
86.84
84.39
84.55
82.20

100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100. 00
100.00

72.74
70.99
70.52
72.00
73.20
69.71
71.79
69.43
69.99
73.18
72.24
71.92
71.49
64.13

6.68
5.48
5.11
14.39
15.13
8.87
6.51
6.56
15.05
4.03
6.07
7.58
8.29
11.39

66.06
65.51
65.41
57.62
58.07
60.84
65.28
62.87
54.94
69.15
66.17
64.34
63.20
52.74

4.30
4.28
3.93
3.41
3.81
4.09
4.16
4.24
3.56
4.81
4.30
4.33
3.97
3.42

6.81
8.14
8.16
8.81
7.26
7.62
8.30
7.46
8.19
4.80
7.88
7.75
7.84
12.82

11.78
10.87
13.50
12.18
12.29
13.65
10.94
13.94
12.71
12.32
9.33
12.14
12.44
12.35

6.85
8.18
6.29
6.29
6.09
7.44
7.32
7.35
8.33
7.24
8.78
6.29
6.76
9.82

2.48
2.46
2.40
2.70
2.65
2.50
2.52
2.43
2.78
2.34
2.53
2.43
2.51
2.54

83.85
83.41
82.61
84.23
84.27
81.42
84.26
81.13
81.74
82.79
84.42
84.00
83.30
80.37

104
105
016
107
108
109
110
111
112
113
114
115
116
117
118

100.00
100. 00
100.00
100.00
100.00

62.52
65.72
57.52
64.40
54.49

6.47
7.91
12.74
8.27
7.95

56.05
57.81
44.78
56.13
46.54

1.84
1.76
1.41
1.73
1.51

19.94
15.95
23.77
17.33
28.70

11.11
11.02
11.29
11.06
10.18

5.88
6.89
7.35
6.81
6.25

1.30
1.34
1.33
1.33
1.13

84.31
83.43
82.69
83.46
84.70

100.00
100.00
100.00
100.00
100. 00

67.57
66.83
63.61
66.58
59.58

11.03
10.50
20.09
11.59
13.61

56.54
56.32
43.52
54.99
45.97

3.61
3.36
2.69
3.32
2.99

10.77
10.37
13.92
10.80
18.21

12.67
13.84
12.01
13.49
12.30

7.72
7.92
9.87
8.10
9.05

2.35
2.31
2.10
2.29
2.13

81.95
80.55
80.22
80.70
80.78

119
120
121
122
123
124

100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00

71.87
70.04
68.99
71.47
68.25
62.05
68.75
70.80
69.70
65.70
68.95
68.01
69.31
62.31

3.16
7.70
6.14
15.70
4.15
6.82
7.06
4.04
3.67
5.22
4.59
9.76
6.14
9.79

68.71
62.34
62.85
55.77
64.09
55.23
61.68
66.76
66.03
60.48
64.36
58.25
63.17
52.52

2.13
1.42
1.90
1.50
2.46
1.67
1.87
2.03
1.97
1.99
2.61
1.88
1.95
1.84

9.91
8.58
11.45
10.22
8.95
20.31
11.18
7.82
11.20
10.33
9.05
13.82
10.35
14.59

10.45
11.87
11.00
10.13
9.29
10.66
12.29
12.21
11.06
11.01
8.53
10.33
11.70
12.04

6.89
10.85
7.94
8.50
12.40
6.39
7.14
8.43
7.25
12.42
12.20
7.14
7.98
10.64

1.24
2.77
1.28
1.82
1.35
1.09
1.22
1.28
1.19
1.45
1.34
1.18
1.29
1.41

83.90
80.05
82.34
83.19
79.66
84.04
81.80
80.64
82.88
78.02
80.61
83.71
81.61
78.74

100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100.00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00

70.29
67.76
68.34
72.89
65.53
67.06
69.51
69.23
70.37
65.13
65.56
65.71
69.16
64.30

5.36
7.74
6.17
21.87
8.38
6.46
10.27
6.58
5.97
8.74
9.48
7.44
9.04
10.87

64.92
60.02
62.17
51.02
57.15
60.60
59.25
62.65
64.40
56.39
56.07
58.27
60.11
53.42

4.10
2.92
3.89
2.83
3.51
3.76
3.47
3.64
3.98
3.35
3.42
3.59
3.54
3.33

8.12
7.98
8.49
8.34
8.80
12.66
9.03
7.59
9.38
9.47
9.30
9.61
8.72
9.73

12.27
12.06
12.68
9.87
10.66
12.11
13.33
13.12
10.51
12.50
10.47
15.42
12.88
13.07

7.54
12.41
8.90
8.98
13.88
6.61
7.01
8.79
8.12
11.95
13.66
7.88
8.08
11.95

2.31
3.11
2.30
2.90
2.38
2.19
2.35
2.37
2.36
2.41
2.40
2.21
2.38
2.38

82.51
78.65
80.73
84.06
77.84
83.47
82.01
80.46
83.73
77.95
78.27
78.91
81.42
77.35

125
126
127
128
129
130
131
132
133
134
135
136
137
138
139

100. 00
100. 00
100. 00

70.82
70.82
64.43

6.29
6.29
39.08

64.53
64.53
25.36

2.09
2.09
.72

9.04
9.04
9.52

11.32
11.32
19.56

8.41
8.41
7.22

1.69
1.69
1.46

81.96
81.96
74.68

100. 00
100. 00
100. 00

69.40
69.40
68.52

9.86
9.86
44.11

59.55
59.55
24.41

3.75
3.75
1.56

7.58
7.58
7.14

12.73
12.73
17.34

9.33
9.33
7.65

2.79
2.79
2.21

80.73
80.73
77.22

140
141
142
143

100. 00
100. 00
100. 00
100. 00
100. 00

75.89
70.71
66.97
70.91
60.10

33.31
17.23
5.00
17.61
9.02

42.58
53.48
61.98
53.30
51.08

1.32
1.51
2.02
1.64
1.73

8.96
11.98
11.39
10.83
22.27

7.86
9.61
12.30
10.08
8.12

7.40
7.70
8.56
7.93
8.96

1.44
1.51
1.25
1.39
1.18

86.18
84.20
80.39
83.38
84.10

100. 00
100. 00
100. 00
100. 00
100. 00

75.18
75.07
71.84
73.93
65.45

33.51
27.10
9.23
22.42
13.30

41.67
47.97
62.61
51.50
52.15

2.38
2.64
3.73
2.96
3.31

8.21
9.17
8.17
8.53
14.89

9.99
9.19
12.28
10.55
10.28

6.70
6.20
6.31
6.38
8.17

2.46
2.27
2.34
2 35
2.10

85.77
86.88
83.75
85.42
83.65

144
145
146
147
148
149

100. 00
100. 00
100. 00
100. 00
100. 00

67.70
72.53
66.33
68.77
48.94

5.71
9.53
8.68
8.21
10.76

61.99
63.00
57.66
60.56
38.18

1.82
1.91
1.57
1 75
1.24

11.62
8.35
13.72
11.38
32.38

12.43
10.71
12.92
12.05
7.17

7.80
8.02
6.88
7.50
11.50

1.37
1.53
1.43
1.45
1.23

81.14
82.80
81.62
81.90
82.56

100. 00
100.00
100. 00
100. 00
100. 00

66.82
73.50
67.53
69.17
59.62

7.27
13.37
10.21
10.43
13.49

59.55
60.13
57.33
58.74
46.14

3.52
3.59
3.07
3.34
2.88

10.19
8.82
11.44
10.33
19.03

14.36
9.30
14.26
12.78
10.22

7.60
7.46
6.19
6.93
10.43

2.49
2.68
2.48
2.55
2.17

80.54
85.92
82.04
82.84
81.53

150
151
152
153
154
155

100.00
100.00
100.00

63.99
63.99
62.45

9.33
9.33
7.56

54.66
54.66
54.88

1.58
1.58
1.68

15.18
15.18
17.47

13.38
13.38
12.46

7.06
7.06
7.21

1.19
1.19
1.26

80.75
80.75
81.59

100.00
100.00
100.00

66.41
66.41
61.39

10.97
10.97
10.31

55.43
55.43
51.08

3.14
3.14
3.12

10.72
10.72
13.83

14.40
14.40
13.85

7.65
7.65
10.05

2.31
2.31
2.24

80.26
80.26
78.34

156
157
158
159

100.00
100.00
100.00
100.00
100.00
100.00
100.00

69.77
78.83
78.25
71.05
72.24
74.82
59.11

7.06
31.59
46.94
11.02
9.13
26.92
12.12

62.71
47.24
31.31
60.03
63.11
47.90
46.99

1.87
1.52
.91
1.62
1.57
1.35
1.55

14.08
7.93
7.43
9.63
9.17
8.78
24.87

9.08
7.50
9.90
13.96
12.30
11.15
8.26

6.54
5.82
5.25
5.20
6.76
5.53
7.44

1.33
1.59
1.74
1.46
2.04
1.64
1.23

85.71
88.27
86.59
82.30
82.97
84.95
85.54

100.00
100.00
100.00
100.00
100.00
100.00
100.00

73.82
77.99
75.94
68.71
71.31
73.23
66.29

9.45
29.80
41.11
11.25
10.03
24.26
17.29

64.37
48.19
34.83
57.46
61.28
48.98
49.00

3.98
3.19
1.92
3.27
3.20
2.82
3.06

9.32
5.47
6.83
7.60
7.56
7.12
14.65

8.77
11.01
12.08
17.09
12.96
13.46
9.63

6.53
4.83
5.60
5.75
7.80
5.81
8.61

2.41
2.49
2.36
2.42
2.82
2.45
2.25

87.11
86.65
84.69
79.58
82.06
83.17
84.00

160
161
162
163
164
165
166
167

100.00
100.00
100.00
100.00
100.00

67.25
62.07
70.08
67.06
55.22

11.30
11.65
29.74
14.95
14.34

55.95
50.42
40.34
52.11
40.88

1.77
1.46
1.29
1.63
1.30

13.20
15.06
11.13
13.06
24.34

10.79
13.03
10.39
11.03
10.61

8.27
9.76
8.32
8.50
9.75

1.28
1.38
1.21
1.28
1.21

82.22
78.60
82.49
81.76
80.86

100.00
100.00
100.00
100.00
100.00

70.19
63.92
71.53
69.57
60.63

9.97
15.30
32.15
14.20
18.87

60.21
48.62
39.38
55.37
41.76

3.56
2.55
2.27
3.22
2.46

8.93
11.22
8.56
9.18
18.29

13.37
15.25
11.82
13.37
11.60

6.30
9.39
7.90
6.96
9.24

2.36
2.32
2.08
2.31
2.21

82.69
77.68
82.36
81.97
81.38

168
169
170
171
172
173

100.00
100.00
100.00
100.00
100.00

75.11
68.83
70.75
71.78
67.26

6.92
7.44
5.54
6.67
7.00

68.19
61.39
65.20
65.11
60.26

2.51
2.07
2.54
2.38
2.74

8.84
11.39
10.74
10.23
13.71

9.62
11.67
10.11
10.43
9.60

5.22
7.73
7.21
6.62
8.13

1.31
1.68
1.34
1.44
1.45

86.46
82.28
84.03
84.39
83.71

100.00
100.00
100.00
100.00
100.00

73.75
69.25
66.25
70.27
64.25

8.67
8.68
7.05
8.26
11.33

65.08
60.57
59.20
62.01
52.92

4.19
3.60
3.70
3.86
3.51

7.00
8.59
7.95
7.79
8.90

9.86
11.06
13.82
11.29
11.34

7.50
10.08
10.56
9.18
14.27

2.30
2.58
2.29
2.39
2.27

84.93
81.43
77.90
81.92
76.66

174
175
176
177
178
179




44

SURVEY OF CURRENT BUSINESS

May 1967

used to distribute the Bureau of the
Census State estimates as of July 1,
1959.
For 1962, county population data
were obtained from all but three of the
States covered in this report. Where
necessary, these were adjusted to Census
State totals as of mid-1962. In Delaware, South Carolina, and Idaho, the
1960 "Decennial Census of Population"
was used to distribute Census State
estimates as of July 1, 1962.

on a "where-worked" basis. In order to
obtain a wholly residence-based series,
the incomes of commuters are estimated
and transferred from the State in which
the recipient works to the State in
which he resides.
In preparing the local area estimates,
State totals before residence adjustment are allocated to the individual
counties of each State. When the
counties of the various SMSA's are
combined, the differences between place
of work and place of residence are
eliminated, or at least minimized, and
the income aggregate, therefore, measures the total income received by
persons in the area (SMSA) on either a
"residence" or a "where-worked" basis.
There is one major exception to the
foregoing statement in the estimates
presented here. In the New York City
SMSA, a large number of persons
commute from their residences in New
Jersey to their places of work in New
York City. Although there is a reverse
flow of commuters from New York to
New Jersey, it is much smaller than the
inflow from New Jersey. In order to
place the income and population estimates on a comparable basis for the
calculation of per capita income, the
total income of the New York SMSA
was adjusted downward and the totals
for the Newark, Jersey City, and
Paterson-Clifton-Passaic SMSA's were
adjusted upward to take account of
commuting between these areas.

(Technical notes continued from page 25}

England, the Bureau of the Budget
defines SMSA's in terms of cities and
towns instead of counties. Because adequate data for measuring personal income by cities and towns are not available, it was necessary to redefine
SMSA's in New England to conform to
a county basis. As indicated by the
SMSA names in the tables, many of
the New England SMSA's in this study
include two or more official SMSA's.
Not shown in the tables is the inclusion
of the official SMSA's of Brockton,
Lawrence-Haverhill, and Lowell in the
Boston SMSA as used here.
Population estimates

SMSA population estimates for 1929,
1940, 1950, and 1959 were obtamed by
summing county population, which had
been derived as follows: For 1929,
county population as published in the
1930 "Decennial Census of Population"
was used to distribute the Bureau of
the Census State estimates as of July 1,
1929. For 1940, county population from
the 1940 "Decennial Census of Population" was used to distribute the Bureau
of the Census State estimates as of
July 1, 1940. For 1950, county population from the 1950 "Decennial Census of
Population" was used to distribute the
Bureau of the Census State estimates
as of July 1, 1950. For 1959, county
population as published in the 1960
"Decennial Census of Population" was




Portions of SMSA's omitted

Estimates for the following SMSA's,
parts of which are in States covered by
this report, have not been completed:
Toledo (Ohio-Michigan); Cincinnati
(Ohio-Kentucky-Indiana); Evansville
(Indiana-Kentucky); Memphis (Tennessee-Arkansas), and Louisville (Kentucky-Indiana) .
Residence adjustment

OBE's State estimates of personal
income as published annually in the
August SURVEY are on a residenceadjusted basis. That is, in the State
series, some components of income are
measured according to the State in
which the recipient resides; other components reflect the State in which the
recipient works. Where employees commute across a State line from home to
work, the income totals, as initially
measured for the States involved, are
partly on a "residence" basis and partly

o

CURRENT BUSINESS STATISTICS

1.HE STATISTICS here update series published in the 1965 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) provides a description of each series, references to sources of earlier figures, and historical data
as follows: For all series, monthly or quarterly, 1961 through 1964 (1954-64 for major quarterly series), annually, 1939-64; for selected series,
monthly or quarterly, 1947-64 (where available). Series added or significantly revised after the 1965 BUSINESS STATISTICS went to press are indicated
by an asterisk (*) and a dagger (f), respectively; certain revisions for 1964 issued too late for inclusion in the 1965 volume appear in the monthly
SURVEY beginning with the September 1965 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding
to revised annual data are available upon request.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through
the courtesy of the compilers, and are subject to their copyrights.
1964

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

1964

I

II

1965
III

IV

I

II

IV

III

Annual total

1967

1966

I

II

I

III | IV

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCTf
bil. $

631 7

681.2

739.6

616 8

627 7

637.9

644 2

660.8

672 9

686 5

704 4

721 2

73° 3

745 3

759 3

r

do

401.4

431.5

464.9

391.1

398.0

407.5

408.8

418.9

426.8

435.0

445.2

455.6

460 1

469.9

474 1

r 479. 9

59.4
25.8
25 1

66.1
29.8
27.1

69.3
30.0
30.1

57.6
25.3
24 1

59.8
26.0
25 4

61.1
27.1
25 3

58.9
24.6
25 7

65.1
30.1
26.0

64.4
29.2
26 2

66.7
30.2
27 3

68.0
29.9
28 8

70.3
31.4
29 6

67 1
28.5
29 2

70.2
30.1
30.7

69 6
29.8
30 7

r 68.4
'27.9
31 1

178.9
33 6
92.8
14 1

190.6
35.9
98.4
15 1

206.2
40.3
104.8
16 1

174.9
32 8
90 7
13 9

176.5
32.7
92.1
13 9

181.7
34.3
93.9
14 2

182.4
34.4
94.4
14 4

184.5
34.6
95.4
14 4

189.4
35 6
97.8
15 2

191.4
36 0
98.7
15 3

197.0
37 5
101.6
15 7

201.9
39.4
103.3
15 8

205.6
39 7
104 8
16 1

208.1
41.1
105.5
16 1

209.2
40 8
105 4
16 6

Ml 6
*• 106 9
' 17 0

do .
do
_.do
do

163 1
24 3
59 2
11 8

174.8
25 6
63.2
12.8

189.4
27 2
67.7
14.0

158 7
23 8
57 7
11 7

161 6
24 2
58 7
11.7

164.7
24 7
59 6
11.9

167.5
24 7
60 7
12.1

169.3
24 7
61 6
12.2

173
25
62
12

176
26
63
13

180
26
64
13

2
3
7
4

183.4
26 5
66 0
13.5

187
27
67
13

4
1
1
9

191.5
27.6
68.2
14.2

195
27
69
14

' 199 1
27 8
70 0
14 9

do

93 0

106 6

117.0

90 2

91 8

92 5

97 4

103 8

103 7

106 7

111 9

114 5

118 5

115.0

120 0

«• 109 3

do
do
do
do
_ _ _ do
do _
do
do

88 3
60 7
21.0
39.7
27 6
27 0
4.7
53

97 5
69 7
24.9
44.8
27 8
27.2
9.1
81

105 1
79 3
27.8
51.4
25 8
25 3
11.9
12 2

86 6
58 1
20 3
37.9
28 5
27 9
3.5
36

87 6
59 7
20.9
38.8
27 9
27 3
4.2
51

88 9
61 7
21.0
40.7
27 2
26 6
3.6
46

90 0
63 3
21.8
41.4
26 7
26.2
7.4
7 9

94 4
66 7
23.6
43.1
27 7
27.2
9.5
9 4

96 0
67 9
24 6
43.3
28 1
27 5
7.6
6 7

98 0
70 2
24.4
45.8
27 8
27 3

101 5
73 9
26 8
47.1
27 6
27 0
10.4
9 o

105 6
77 0
28.5
48.5
28 6
28 0
8.9
8 5

106 2
78 2
27.9
50.3
28 0
27.4
12.3
12 1

105 1
80.3
27.7
52.6
24.8
24.3
9.9
10.4

103 5
81 6
27 3
54.4
21 9
21 3
16.4
17 6

' 103 7
81 6
28.7
52.9
r 22 1
' 21. 5
••5.0
r
60

do _
do
do

8.5
37.0
28 5

7.0
39.0
32 0

4.8
42.7
37 9

90
36.4
27 4

7.9
36.0
9
81

8.4
37.2
28 8

86
38.1
29 6

6.4

82
40.5
32 3

7 1
40 1
33 0

6.1
40.3
34 2

6 0
41.7
35 6

4.2

35.1
28 7

41.9
37 3

43.4
39.2

4 1
43.6
39 5

r 45. f)

Govt. purchases of goods and services, total, .do
Federal.
._do-__
National defense
do
State and local
..do _

128.9
65.2
50 0
63 7

136.2
66.8
50 1
69.4

153.0
76 9
60 0
76 2

126.5
64 9
50 1
61 6

130.1
66 6
51 6
63 4

129.5
65.1
49 8
64 4

129.4
64.1
48 5
65 3

131.6
64.4
48 2
67 3

134.3
65 6
49 1
68 7

137.7
67 5
50 7
70*2

141.2
69 8
52 5
71 4

145.0
71.9
54 6
73 1

149.0
74.0
57 1
75 0

156.2
79.0
62. 0
77.2

101. 1
81.7
65 5
79 4

r 169. 1
T
87. 0
r

By major type of product:!
Final sales, total
Goods, total
Durable goods
_ _ _ _ _ _
Nondurable goods
Services..
Structures
._

627.0
313 6
122 2
191.3
244 5
68.9

672.1
335 7
132 2
203.5
262 0
74.5

727. 7
365 3
145 9
219 5
285 9
76 6

613 3
307 1
119 6
187 5
237 3
68 8

623.5
311 4
122 4
189.0
242 7
69 4

634.4
318
8
195 0
193 8
247 1
68 5

636.8
316 9
122 0
195 0
251 1
68 8

651.4
324 3
127 7
196 6
254 3
72 7

665
331
128
202
259
74

677
338
134
204
265
73

8
8
3
4
1
9

694.0
348 4
137 9
210 5
268 8
76 9

712.3
357 0
141 8
215 2
275 5
79.8

720.0
359 3
140 6
218 7
282.1
78.6

735.4
369.7
148 7
221.0
289.9
75.8

742.9
374 2
151 7
222 5
296 2
72.5

r 758. 1

4 7
33
14

91
6 3
o7

11 9
9o
9
9

35
9 3
1Q

4 2
3e
5

36

9 5
7 4
9 i

7 6
6 4
1°

8 7
6 7

10 4
4 7
5 7

89
58
31

12 3
9 0
33

9 5

16 4
11 9
4 6

r 5 0

3

7 4
4 4
2 9

9.9

9 g

580 0

614 4

647 8

569 7

578 1

585 0

587 2

600 3

607 8

618 2

631 2

640 5

643.5

649.9

657. 2

do

373.8

396.2

415.5

365.7

371.0

379.5

378.9

387.1

392.2

398.9

406.5

412.8

412.2

418.3

418.5

422. 0

do
do
do

59 1
170 5
144 2

66 4
178 2
151 6

70 7
186 0
158 7

57 2
167 2
141 2

59 5
168 4
143 1

60 9
173 3
145 3

58 8
173 1
146 9

64 8
174 2
148 1

64 2
177 6
150 4

67 2
178 5
153 1

69 2
182 5
154 8

72.2
184 1
156 5

68.5
185 8
157 9

71.6
187.1
159.6

70.6
187 1
160.8

69. 0
190.1
162. 3

Gross private domestic investment, total.._ .do

Gross national product totalf
Personal consumption expenditures, total

Durable goods, total 9
- --- do _
Automobiles and parts
_
do
Furniture and household equipment . . do
Nondurable goods, tota!9
Clothing and shoes
Food and beverages _
Gasoline and oil
Services total?
Household operation
Housing
Transportation
_ -

-

do
do
do_ __
do

-

_._ - - -

Gross private domestic investment, total
Fixed investment
Nonresidential
- Structures
- Producers' durable equipment
Residential structures
Nonfarm
Change in business inventories.
Nonfarm
Net exports of goods and services
Exports _ . .-_
Imports

-

do
do
do
do
do
do. __

Change in business inventories
Durable goods
Nondurable goods
_ . _._

do
do
do

0
4
7
7

3
2
8
4
8
3

9
0
6
0

8.7

4.7

3
7
5
5

763 7

' 212.

5

' 5.4
40 2

69 7
' 82. 1

379. 5
151 4
228. 1
304. 2
74.5
19
3 7

GNP in constant (1958) dollars
Gross national product, totalf

- . bil. $

Personal consumption expenditures, total
Durable goods
Nondurable goods
Services

__ _ .

Fixed investment
.__
Nonresidential
Residential structures
Change in business inventories
Net exports of goods and services

86 5

97 8

104 7

84 6

85 6

85 7

90 2

95 9

95 3

97 9

10° 2

103.5

106.3

102. 5

100.4

95.7

81 9
57 4
°4 6
4.6

89 0
64 9
94 i
8.8

93 6
72 1
21 5
11.1

81 2
55 5
95 7
3.5

81 6
56 6
94 9
4.0

82 2
58 2
24 1
3.5

82 8
59 2
93 Q
7.4

86 6
62 3
94 4
9.3

88 0
63 4
94 5
7.3

89 4
65 5
93 9
8.5

91 9
68 4
23 5
10.2

95 0
70 8
24 3
8.5

94 7
71 3
23 4
11.6

93.5
73.0
20.5
9.1

91.2
73 3
17 9
15.2

90. 5
72. 6
17.9
5. 2

do

8.5

6.3

4.7

9.2

8.2

8.4

8.0

5.7

7.1

6.4

6.0

5.9

4.6

4.2

4. 1

5.3

120. 4
61 9
58.5

124. 9
65.5
59.4

128. 3
67 6
60.7

133. 6
71. 0
02. 0

114.1
111.3
113.3
123. 2
110.3
57 8
57 8
59 7
64 0
58 2
53.4
56^3
59! t
52^0
53.6
r
Revised.
v Preliminary.
f Revised series, Estimates of national income and
product and personal income have been revised (see p. 11 fT. of the July 1966 issue of the




656. 7

do
do
do
do

Govt. purchases of goods and services, total.. do.
Federal
do
State and local
.. __
do

258-583 O - 67 - SI

T

111.3
57 4
53! 9

110.1
56 1
54^0

111.5
56 2
55.3

113.2
57 3
55^9

115.0
58 3
56'. 7

116.6
59 3
57.3

118.3
60 4
57.9

SURVEY); revisions prior to May 1965 for personal income appear on p. 18 fT. of the July 1966
issue of the SURVEY.
9 Includes data not shown separately.

S-l

SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1964 | 1965

1964

| 1966

Annual total

II

III

May 1967
1966

1965
IV

I

IV

III

II

I

1967

II

III

IV

626.7 P630.7
447.5
456.1
405.0 411.8
323.9 ' 328. 4
15.8
16.3
65.2
67.1
42.5
44.3
57.5 '57.0
42.3 '42.2
15.2
14.8
19.1
19.3

I

II

GENERAL BUSINESS INDICATORS— Quarterly Series— Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
610.1
513.7 522.9
517.3 559.0
National income total t
bil $
433.3 362.2 369.8
C ompensation of employees total
do
365.7 392.9
392.3 330.6 337.4
Wages and salaries, total
do
333.6 358.4
314.8
267.1
272.3
Private
do
269.3 289.1
14.6
11.6
Military
do
12.1
11.7
11.7
62.8
51.9
53.4
Government civilian
do
57.1
52.6
41.0
34.5
32.4
Supplements to wages and salaries
do
31.7
32.0
57.8
52.2
51.9
Proprietors' income, total 9
do
55.7
51.9
41.8
39.9
40.7
40.3
Business and professional 9
do
39.9
16.0
12.2
Farm
do
15.1
11.7
12.0
18.9
18.3
17.8
Rental income of persons
do
17.6
17.7
Corporate profits and inventory valuation adjust74.2
80.2
67.8
ment total
bil $
66.5
66.6
By broad industry groups:
8.9
10.0
8.4
8.4
8.5
Financial institutions
do
65.3
58.1
59.3
58.2
70.2
Nonfinancial corporations total
do
32.4
37.8
41.0
33.0
Manufacturing total
do
32.4
15.7
14.6
14.6
14.5
Nondurable goods industries
do
17.3
18.4
22.1
17.9
17.7
Durable goods industries
do
23.8
Transportation, communication, and public
10.4
10.2
10.6
utilities
bil $
11.1
11.9
16.4
15.7
15.4
17.2
15.5
All other industries
do
67.8
66.8
75.7
67.0
Corporate profits before tax total
do
82.3
31.2
28.7
28.4
28.3
33.9
Corporate profits tax liability
do
39.1
44.5
38.5
Corporate profits after tax
do
38.7
48.4
17.4
19.2
17.3
20.9
Dividends
do
17.3
21.7
25.3
21.3
21.3
Undistributed profits
do
27.4
.0
-.3
-.4
-1.5
-2.1
Inventory valuation adjustment
do
15.1
15.7
17.8
15.5
Net interest
do
20.0
DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
496.0 535.1
580.4 492.0 500.3
Personal income, total
bil. $..
56.9
59.1
59.4
66.0
Less* Personal tax and nontax payments
do
75.1
Equals: Disposable personal income
do
436.6 469.1
505.3 435.1 441.2
418.4
443.4
412.1
Less: Personal outlays©
do
478.3 408.5
22.8
26.6
25.7
Equals' Personal saving §
do
24.5
27.0
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
11.54
11.11
44.90 51.96
All industries
bil $
60.63
4.67
4.53
18.58
22.45
Manufacturing
do
26.99
2.37
2.30
9.43
11.40
Durable goods industries
do
13.99
2.30
2.23
9.16
11.05
Nondurable goods industries,.
do
13.00
.29
.30
1.19
Mining
_
do
1.30
1.47
.37
.36
1.41
1.73
Railroad
do
1.9S
.59
.63
2.38
2.81
Transportation, other than rail
_do
3.44
1.71
1.58
6.22
6.94
Public utilities .
do
8.41
1.06
4.30
1.10
4.94
Communication
do
5.62
2.84
2.61
10.83 11.79
Commercial and other
do
12.74
Seas. adj. qtrly. totals at annual rates:
43.50 45.65
All industries
.
do
18.85
17.80
Manufacturing
do
9.60
9.00
Durable goods industries
do
9.20
8.80
Nondurable goods industries
do
1.20
1.15
Mining
do
1.25
1.50
Railroad
_
do
2.25
2.40
Transportation, other than rail
do
6.30
6.30
Public utilities do
4.40
4.30
Communication
do
11.00
10.45
Commercial and other
do
U.S. BALANCE OF INTERNATIONAL
PAYMENTScf
Quarterly Data Are Seasonally Adjusted
(Credits +; debits -)
Exports of goods and services (excl. transfers under
36,958 38, 993 P 42, 910 9,001 9,308
military grants)
mil $
25,297 26, 276 p 29, 180 6,092 6,389
Merchandise, adjusted, excl. military
do _
162
186
747
844
Military sales
_
do
P908
1,368
1,369
5,392
5,901 * 6, 180
Income on U.S. investments abroad—
do
1,389
1,354
5,972 P6.642
5,522
Other services
do
-28,468 -32, 036 p-37, 614 -7, 032 -7, 196
Imports of goods and services
do
-18,621 -21, 488 p-25, 507 -4, 579 -4,752
Merchandise, adjusted, excl. military
do
-686
-725
-2,834 -2,881 p-3, 649
Military expenditures
do
-349
-344
-1,404 -1,646 p-1,868
Income on foreign investments in the U.S.. do
-5, 609 -6, 021 p-6, 590 -1,384 -1,409
Other services
do
Unilateral transfers, net (excl. military grants);
-694
-717
-2,765 -2,794 p-2,907
transfers to foreigners ( )
mil $
Transactions in U.S. private assets, net; increase
(_)
m j] $
-6, 523 -3, 690 p-3, 911 -1,385 -1,589
Transactions in U.S. Govt. assets, excl. official
-415
-350
-1,674 -1,575 p-1,481
Transactions in U.S. official reserve assets, net;
70
303
1,222
171
increase ( — )
mil $
P568
Transactions in foreign assets in the U.S., net (U.S.
719
332
3,312
<299
p 3, 024
liabilities); increase (+)
mil. $_
547
249
115
2,627
P856
Liquid assets
_
do
172
83
-184 p2,168
685
Other assets
„ do_-203
-152
-429
p -589
Unrecorded transactions. _ _
___ _.. do. _ -1,011
Balance on liquidity basis—increase in U.S. official
reserve assets and decrease in liquid liabilities to
-617
-552
-2,798 -1,337 p- 1,424
all foreigners; decrease (—) ... _ _ __ mil. $
Balance on official reserve transactions basis—increase in U.S. official reserve assets and decrease in
liquid and certain nonliquid liabilities to foreign
-231
-326
P271
official agencies; decrease (— )
mil. $_ -1,546 -1,305
'1 Revised.
p Preliminary.
Estimates for Jan.-Mar. 1967 based on anticipated capital expenditiires of bu siness.
2
Estimates for Apr. -June 1967 based on antici]aated cap ital expe nditures of busir ess.
Anticipated expenditures for the year 1967 are as folio ws (in bil $): Alii ndustries 63.00; immufacturing, total, 27.94; durable goods industries, 14 .64; non( urable g oods indiistries, 1 3.30;
mining, 1.58; railroad, 1.48; transportation,
3.94; pu blic utllit ies, 9.15; commerc ml and other
3
(incl. communication), 18.91.
includes commui lication.




528.5
375.3
342.2
275.9
11.9
54.3
33.1
52,2
40.3
11.9
17.9

543.3
381.7
348.2
281.2
11.8
55.2
33.5
53.3
40.5
12.9
18.1

552.2
387.8
353.7
285.8
11.7
56.3
34.1
55.9
40.4
15.5
18.3

562.7
395.6
360.8
291.1
12.0
57.7
34.8
56.7
40.7
16.0
18.4

577.8
406.5
370.8
298.5
13.0
59.3
35.7
57.1
41.1
16.0
18.5

595.7
419.6
380.0
305.9
13.6
60.4
39.6
58.4
41.4
17.0
18.7

604.1
427.9
387.4
311.5
14.1
61.8
40.5
57.9
41.6
16.3
18.8

613.8
438.3
396.7
318.0
15.0
63.7
41.5
57.3
41.9
15.4
18.9

66.8

73.2

72.7

74.0

76.9

80.0

79.9

79.1

81.7

P 76.6

9.8
70.0
40.6
17.2
23.4

10.1
69.0
39.5
17.0
22.5

10.5
71.2
42.0
17.6
24.4

P 10.6
p 66.0

12.1
17.0
81.8
33.7
48.1
20.7
27.4
.0
21.0

8.6
58.1
32.2
14.7
17.5

8.5
64.6
37.4
15.5
21.9

8.7
64.0
36.7
15.5
21.2

8.9
65.0
37.4
15.5
21.9

9.5
67.5
39.6
16.4
23.2

9.4
70.6
41.9
17.2
24.7

10.5
15.5
67.7
28.6
39.0
17.7
21.4
-.9
16.3

10.7
16.5
74.5
30.7
43.8
18.1
25.7
-1.3
16.9

10.9
16.4
74.5
30.7
43.8
18.8
25.0
-1.8
17.5

11.2
16.4
75.0
30.9
44.1
19.5
24.6
-1.0
18.1

11.5
16.4
78.7
32.4
46.3
20.2
26.1
-1.8
18.7

11.3
17.4
82.7
34.1
48.7
20.9
27.8
-2.8
19.1

12.0
17.4
82.8
34.1
48.7
21.1
27.6
-2.9
19.6

12.2
17.2
81.9
33.7
48.2
21.1
27.1
-2.8
20.2

507.5
60.9
446.6
420.0
26.8

518.0
64.9
453.2
430.3
22.8

527.6
66.6
461.0
438.6
22.4

541.9
65.7
476.2
447.1
29.0

552.8
66.7
486.1
457.6
28.5

564.6
69.5
495.1
468.4
26.7

573.5
73.6
499.9
473.3
26.6

585.2
77.4
507.8
483.3
24.5

598.3 '609.7
79.8 '81.1
518. 4 ' 528. 5
488.0 ' 494. 1
30.4 '34.4

12.84
5.59
2.83
2.76
.33
.35
.64
1.76
1.17
3.01

10.79
4.54
2.25
2.28
.29
.39
.58
1.32
1.08
2.59

12.81
5.47
2.76
2.70
.33
.44
.77
1.71
1.24
2.85

13.41
5.73
2.91
2.82
.32
.44
.72
1.88
1.22
3.10

14.95
6.72
3.48
3.24
.35
.46
.73
2.04
1.41
3.25

12.77
5.61
2.87
2.74
.33
.40
.75
1.60
1.26
2.83

15.29
6.78
3.51
3.27
.40
.55
1.00
2.09
1.42
3.06

15.57
6.84
3.54
3.30
.37
.48
.82
2.36
1.36
3.33

17.00 i 13. 83 2 15. 84
7.75
7.00
6.06
4.07
3.16
3.60
3.68
2.89
3.39
.38
.35
.40
.55
.37
.38
.86
1.13
.78
2.36
1.84
2.40
1.58
3.52 34.42 34.55

47.75
20.15
10.15
10.00
1.30
1.55
2.60
6.35
4.40
11.40

49.00
20. 75
10.40
10.40
1.25
1.75
2.55
6.80
4.55
11.30

50.35
21.55
10.80
10.70
1.30
1.55
2.70
6.85
4.80
11.60

52.75
23.00
11.75
11.25
1.25
1.70
3.00
6.75
5.05
11.95

55.35
24.15
12.45
11.70
1.35
1.95
3.00
7.30
5.30
12.25

58.00
25.60
13.15
12.45
1.40
1.75
3.30
8.25
5.35
12.35

60.10
26. 80
13.85
12.95
1.55
2.00
3.50
8.30
5.50
12.45

61.25
27.55
14.35
13.20
1.45
1.85
3.40
8.55
5.60
12.85

62.80 i 62.60 2 62. 25
27.75
27.60
27.70
14.50
14.45
14.25
13.25
13.15
13.45
1.45
1.55
1.50
2.35
1.65
1.35
3.50
3.95
3.50
8.50
9.30
9.50
5.95
13.30 3 19. 10 3 18. 20

8,776 10, 136
9,537
6,660 5,625 6,798
229
200
201
1,616
1,561
1,253
1,493
1,423
1,390
-7, 390 -7,164 -8, 087
-4, 901 -4, 656 -5, 481
-701
-664
-683
-404
-372
-373
-1,434 -1,471 -1,501

10, 016 10, 065 10, 480 10, 558
6,826 7,027 ' 7, 203 ' 7, 181
198
216
260
199
1,532
1,575
1,254
1,470
1,596
1,568
1,625
1,521
-8,245 -8,540 -8, 898 -9, 175
-5, 595 -5,756 '-6,025 '-6,225
-854
-771
-899
-745
-436
-458
-437
-411
-1,494 -1,555 -1,628 -1,619

-662

-768

-719

-645

-852

-736

-698

p-621

-346

-827

-912

-928

-1,094

-748

p 1, 141

-469

-268

-471

-341

-452

-376

p-312

-618
-151
1,842
1,532
310
-360

-1,381

-367
842

68

41

271

424

68

180
-145
325
0

-425
-294
-131
-109

= 232
493
c-261
-240

312
61
251
-80

409
120
289
-294

1,026
54
972
-195

-697

226

-534

-332

T

0

21.' 6

10, 943 plO, 929
' 7, 382 ' 7, 402 P 7, 732
p235
215
1,585 p 1, 488
1,717 p 1,704
-9, 737 p-9,804
'-6, 580 '-6, 680p-6, 703
-934 p-962
-510 p-485
-1,654 "-1,689

-2, 189 -1,605

-671

p 77.3
P 32.0
p 45.3
21.5
p 23.8

82

-6

361 p 1,228
p564
118
P664
243
p
-273
173

' -640 ' -112 ' -164 '-451 p-539
i

239
232 i -1,158 ' -432 i ' -165 1 ' 870 ' -29 p- 1,832
-618
-845
onding
n
ote
on
p. S-l.
tSe e corresp
9Iiacludes inventory valuaticm adjust ment.
persona' consum ption ex penditur es, inter 3St paid by con•omprise
0F ersonal outlays c
sume rs, and personal t ransfer payments to foreig tiers,
§P€ rsonal sa ving is e xcess of c isposablc5 income over per sonal oul lays,
lore com plete del ails are ijiven in ihe quar terly rev ews in t he Mar. June, S 3pt.t and
rf»JS
c Correct ed.
Dec. issues of the SUR yEY.

SURVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

1966 P

Annual

S-3

Mar.

Apr.

May

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.p

GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf

Seasonally adjusted, at annual rates:!
Total personal income
foil.

r

$

535.1

580.4

569.0

570.5

573.0

577 2

580 0

585 4

590 0

594.4

598.5

601 8

Wage and salary disbursements, total
do
Commodity-producing industries, total-do
Manufacturing
do_ _
D istributi ve industries
do

358. 4
144.3
115.5
86.7

392.3
158.2
127.2
93.2

382.9
155.4
124.0
91.4

384.7
156.0
125.2
91.5

387.0
156.8
125.9
91.9

390.5
158. 1
127.0
92.8

393.7
158. 2
127 1
93 6

397.0
159.8
128.9
93.9

399.5
160.7
129.6
94.4

402.3
161.5
130.7
95.1

405.1
162.4
131.4
95.8

407.5
162.9
131.4
96.5

410.7
163.9
132 2
97.5

do
do
do

58.1
69.2
18.5

63.5
77.4
20.8

61.7
74.5
20.2

62.0
75.2
20.4

62.5
75.9
20.6

63.0
76.6
20.7

64 0
78 0
20 9

64.5
78.8
21.1

64.9
79.5
21.3

65.4
80.2
21.5

65.8
81.0
21.7

66.2
81.9
21 9

66.7
82.7
22 2

67 2
83 5
22 5

r 84 2

do
do...

40.7
15.1

41.8
16.0

41.5
17.3

41.5
16.7

41.6
16.3

41.7
15.9

41 8
15.5

41.9
15.4

42.0
15.3

42.1
15.1

42.2
15.2

42.4
15.4

'42.3
15.2

' 42 2
14 8

r 42 1
r 14 6

42 2
14 6

18.3
19.2
38.4
39.7

18.9
20.9
42.8
44.6

18.7
20.9
41.4
42.9

18.7
21.0
41.8
42.6

18.8
21.2
42.1
42.5

18.8
21.1
42.3
43.2

18
21
42
43

9
1
6
5

18.9
21.0
43.1
45.1

19.0
21.2
43. S
46.0

19.0
21.2
44.3
47.2

19.1
21. 2
44.8
47.8

19 2
19.8
45.3
48 9

19 2
21.3
45.7
50 0

19
21
46
51

19 4
21 7
46 3
' 5'?' 0

2i 9
46 8
51 6

13.2

17.6

16.9

17.0

17.1

17.2

17.9

18.1

18.2

18.3

18.5

18.6

19.7

19.7

515.6

559. 7

547.0

549. 1

551.9

556.5

559 8

565.4

570.1

574.6

578.6

581.7

r

587. 1 r 589 6

41,639

46, 151

3,164

2,951

2,818

3. 234

3,405

4,579

5,009

5,608

4,877

3,774

r

3, 700

2 917

3 090

39, 187
17, 334
21, 853
5,070
12,943
3,527

42, 879
18, 213
24, 666
5,592
14, 726
4,027

2,990
845
2,145
470
1,306
333

2,832
845
1,987
465
1,169
310

2, 778
773
2,005
488
1,165
309

3,204
1,234
1,970
471
1, 157
313

3,276
1 423
1,853
469
1 048
318

3,633
1,462
2, 171
464
1,323
368

4,044
1,808
2,236
467
1,374
380

5,122
2,775
2,347
485
1,462
386

4,784
2,638
2,146
468
1,283
383

3,717 '3,637
2,705
1,701 ' 1 578 891
2,016 ' 2, 059 1 814
495
'502
461
1,157 ' 1r 307 1 051
342
313
264

2,852
842
2 010
521
1 157
298

122
126
118

133
132
133

111
74
139

105
74
129

103
67
130

119
108
128

122
124
120

135
127
141

150
158
145

191
242
152

178
230
139

138
148
131

'135
'138
'134

101
78
118

106
73
131

119
120
118

120
120
120

94
61
119

88
53
115

90
50
119

109
96
119

111
111
111

120
113
125

133
140
128

172
219
138

170
225
129

130
143
121

' 126
132
' 121

93
72
108

97
62
123

150.9

156.8

161.3

163.8

160.2

157.1

156.6

156. 7 ' 157. 4

157. 1

159.2
168.3
147.7
122.1

158.0
164.7
149.7
'121.3

' 158 5 r' 159 4
' 163 5 r 165. 0
T 152 2
152 4
r 122 4 r 121 3

159 2
164 9
152 0
123 6

Service industries
Government _
Other labor income
Proprietors' income:
Business and professional.. _ _
Farm
.

-

Rental income of persons
do
Dividends
-do
Personal interest income
do, _.
Transfer payments
do
Less personal contributions for social insurance
bil. $-Total rionagricultural income

-

do

607 1 r 609 3

r 612 7

411.2 ' 413. 5
163.0
163.4
131 1 r 131 5
97 7 r 98 1
67 8
22 8

3
5
0
5

19.8
r 593 i

fild. 1

414. 3
163.0
131 2
98 0
68 4
84 9
00 1

1Q K

19.9
594 5

FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Government
payments (48 States), total J
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
do
Indexes of cash receipts from marketings and CCC
loans, unad justed :t
All commodities
•_
1957-59 = 100. _
Crops
do
Livestock and products
do____
Indexes of volume of farm marketings, unad justed: J
All commodities
„ 1957-59=100.
Crops
._ _ _
- do
Livestock and products
do
INDUSTRIAL PRODUCTION d*
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities)tfL.1957-59=100..
By industry groupings:
Manufacturing, total
do
Durable manufactures _
__ . _ .do Nondurable manufactures
do
Mining
_
do
Utilities
do

143.4

156.3

154.6

154.8

156.0

159.3

145.0
148.4
140.8
114.8
160.9

158.7
165.1
150.7
120.3
173.4

157.1
163.9
148.6
118.7

157.9
164.9
149.2
115.5

158.9
166.1
149.8
121.3

162.2
169.0
153.8
122.7

152.1
158.2
144.4
118.2

158.0
160.4
155.0
123.6

163 6
169.5
156 3
122.8

167 1
173 2
159 6
124 3

163.3
170.2
154.8
121.5

By market groupings:
Final products, total
do
Consumer goods
.
. . do .
Automotive and home goods
__do
Apparel and staples
do
Equipment, including defense
do

142.5
140.3
159.9
134.1
147.0

155.4
147.4
166.5
141.4
172.6

153.4
146.7
172.7
138.5
167.8

152.6
145.5
173.1
136.7
167.9

152.9
144.8
169.9
136.9
170.3

157.8
150.0
172.0
142.9
174.6

150.0
139.8
142.4
139.0
172.0

154.7
146, 0
132.0
150.4
173.5

161.2
153.6
165.8
149. 6
177.8

164.7
157 8
184 9
149 2
179 4

160.0
151.3
176.9
143.2
178.7

157.2
145. 5
168.7
138.1
182.4

' 156. 8 r 156 5 ' 157. 1
' 145. 7 r 145 5 ' 146 2
' 159. 1 156 2 ' 159. 1
' 141.5
142 2
' 180. 6 ' 180 1 ' 180 7

156 3
145 3
160

144.2
144.3
144.1

157.1
157.4
156.9

155.7
155.9
155.6

156.7
158.3
155.0

158.7
160.0
157.4

160.7
162.4
159.1

151.8
152.1
151.4

158.7
158.4
159.0

161.3
162.7
159.9

163 1
163 5
162 6

160. 4
159.6
161.2

157.0
155.4
158.6

' 156. 4 ' 157 0 157 7
' 153. 0 r 152 2 ' 153. 3
r
159. 8 •T igi g
162 3

157 8
153
163
155 9

Materials
.
Durable goods materials
Nondurable materials

.do
do
do

r

do _ _

143.4

156.3

153.7

153.9

155 .3

156.5

157.2

158.0

157.7

158 9

158. 6

159.0

' 158 1 r

156 4

156 4

do

145.0

158.7

155.9

156.6

157.6

158.9

159 4

160. 1

160 0

161 5

161.0

161 3

' 160 1 T 158 3

158 3

do
do
do
do-_do
do

148.4
137.6
133.6
152.2
147.8
145.4

165.1
142.7
136.2
166.5
162.8
158.8

161.9
141.8
136.7
174.5
161.7
158.9

162.9
142.4
138.8
166.0
161.4
159.1

164.2
146.5
141.1
165.0
162.9
158.4

165.4
148.0
142.1
186.2
161.8
158.8

166.1
148.6
143 3
162.4
162.1
157.7

167.1
148.7
142.2
162.1
161.4
158.8

167.3
146.4
139. 0
164. 7
163.0
158.6

169.1
145 0
137 5
168 2
164 2
159.0

167.3
138.4
132.4
161.7
164.7
160.2

167.6
136.2
130.1
163.5
168.7
161.4

' 165. 5 '
' 131.9 T
124 9 T
' 163. 2 '
' 166 6 T
160.7 '

Machinery
Nonelectrical machinery . _ . _
Electrical machinery
Transportation equipment 9
Motor vehicles and parts
__
Aircraft and other equipment

do
do
do
do
do.
do

160.5
160.4
160.6
149.2
175.2
125.3

183.8
181.9
186.5
168.3
171.3
165. 2

176.1
174.0
178.9
166.1
176.9
155.8

178.6
174.5
184.1
165.9
176.1
156.4

180.6
177.7
184.4
165.8
169.9
161.9

182.8
180.3
186.0
167.1
169.4
164.7

186 6
184.7
189 1
166.0
161. 2
169.6

189.6
186.7
193.4
166.0
158. 1
172.5

188.8
188. 6
189.2
168.3
164.6
171.1

191 1
189 9
192 6
174 6
175 7
173.7

189.0
188.2
190.1
172.9
170.7
174.6

189 5 ' 189 2 T 186 3 r
190.4 ' 190. 7 r 187 1 '
188.3 ' 187 2 r 185 1 T
171.5
164.6 T 159 4
169.0
151.5
140 6 '
173.7
176.0 ' 175 6 '

Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture and fixtures _ - - . _
Miscellaneous manufactures

do.__
do
do
_do ...
do

151.4
133.5
117.4
157.4
146.0

176.5
140.7
119.3
171.9
157. 9

171.9
143.0
129.3
168 ,8
156.8

174.6
141.9
130.7
169.6
157.2

176.4
139.5
122.7
173,8
159 .5

176.5
141.0
122.9
174.6
159.3

177.0
138.5
119.9
169.7
157.2

177.4
140. 5
111.3
175. 3
158.7

179.5
141. 2
110. 0
173.2
158.4

181.8
137 8
111 3
173.2
157.2

181.4
136.5
109.5
173.9
158.5

184.6
136.9
112.8
174.0
160. 9

Seas, adj., total index (incl. utilities)^
By industry groupings:
Manufacturing, total
Durable manufactures 9
Primary metals _
- _ _.
Iron and steel - _
Nonferrous metals and products
Fabricated metal products . . Structural metal parts

148.7
149.4
150.7
140.8
148.5
Nondurable manufactures _
do
143.7
143.5
142.3
134.9
142.0
Textile mill products
.
do
150.3
149.9
145,1
150.3
149.4
Apparel products
do
112.1
115.5
108.2
112.2
Leather and products
do
111.9
150.2
153.0
152.1
150.2
Paper and products
do .1 142.3
'Revised, p Preliminary, t See corresponding note on p. S-l. } Revised series. Dollar
figures and indexes of cash receipts and volume of marketings revised beginning 1963; data
prior to May 1965 appear in the Dept. of Agriculture publication. Farm Income Situation,




150.9
151.3
151.3
151.9
141. 7
142.1
142.4
143. 4
148.4
149.7
147.7
148 1
109. 9
111.1
110.4
113 9
151.2 1 153. 3
156.2
153.1
July 1968. 9Includes data for items not
1964 to incorporate new data and to reflect
prior to Sept. 1965 will be shown later.
150.7
144.0
152.0
114.2
154.1

163. 0 ' 163. 2
131 6
131 1
124 6 r 124 3
166 7 168 6
165 3 T 163 6
160. 9 ' 160. 1
183 7

184 8
182 3
164 3
148 0
178. 4

186.2 ' 183 4' 185. 9
' 137. 2 r 136 9
136 1
115.7
119 4
116 9
172.1
170 6 ' 166. 6
160.3 ' 157. 1 ' 157. 9

180 2

157 6

162.7
130
124
161
158
181
183
178
169
158
179
186
135
164
158

153.1
153.5
153.3 r 152 4 ' 152. 1 151.3
141.4 ' 139. 3 136.7
141.8
136.0
149.3
150.5 ' 150 2 146 4
110.8
111.1 ' 107 7 103 6
152. 6 1 154.0 ' 152. 4 150. 5
153.7
shown separately.
cf Revised beginning Jan.
use of new seasonal factors; revisions for months

SUKVEY OF CURRENT BUSINESS

S-4

1966

1966 P

1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

Annual

May 196'

Mar.

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.p

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PROD UCTIONd"— Continued
Federal Reserve Index of Quantity Output— Con.
Seasonally adjusted indexescf— Continued
By industry groupings— Continued
Nondurable manufactures— Continued
Printing and publishing
1957-59 =100_.
Newspapers . . .
do
Chemicals and products _ . _
.do. .
Industrial chemicals
do
Petroleum products
_
. _do_

130.3
124 2
173 4
196 3
123 5

142.2
134. 2
193.0
220.1
128.4

139.8
133.1
187.8
213.7
125.6

138.6
128.5
187.7
215.4
127.7

142.1
133.8
191.4
218.2
127.4

144.1
135. 4
192. 7
219.9
127.7

144.8
136.3
194.5
222. 0
126.9

145.3
137.7
194.4
222. 2
128.5

144.3
139.1
193.5
220.5
130.6

144.1
135.7
196.9
224.1
131.2

144.7
135.2
199.4
227.5
129.1

143.7
145.5 ' 146. 1
133.2
133.7
134.8
198.7 ' 198. 6 200.0
228.8 '228.5 229.8
129.0 '128.7 ' 126. 7

do
_.do
do
do
do

171 8
123 7
122 3
130
6
190 3

191.9
128.4
126.6
137.8
119.8

184.5
127.5
125 7
137. 0
126.8

186.9
127.8
196 0
137.5
115.8

184.3
126.1
124 4
135 4
117.9

184.1
127.1
l'>5 5
135 9
122.7

188.7
128.1
126.4
137.2
116.5

190.3
129.2
127.0
141.1
119.9

193.6
128.5
127.0
136.4
120.5

199.2
127.5
124.9
141.4
116.9

202.0
129.7
127.6
141.1
117.2

201.6
132.0
130.3
141.0
119.3

do
do
__do_
do
do
do

114 8
113 3
112 3
111 9
124 2
196 5

120.3
115.2
118.0
119.4
132.7
133.5

120.0
117.7
116.5
117 0
134.5
137.1

115.6
85.3
117.0
117.2
139.7
130 9

120.7
116.9
119.1
121 3
133.6
127 5

122.0
120.7
119.3
121.4
134.2
133 3

122.0
120.8
119.2
120.9
134.0
133.7

122.1
120.7
119.6
121.2
132.1
133.8

121.0
114.7
119.6
121.3
128.6
133.5

121.6
121.5
119.5
121.1
129.4
130.3

121.0
114.0
119.3
120.8
133.0
133.4

123.0 ' 123. 0
125.2
120.7
119.0 ••119.3
120.8 r 121.0
134.2
140.3
139.3
138.7

do
do
do

160 9
165 6
146 2

170. 2
175 5
155 0

171.7
177 2
' 155. 7

175.7
182.4
156.9

179.0
186.5
157.6

177.0
184.2
158.5

175.2
181.7
159.1

176.9
183.9
159.5

177.7
183.4
160.0

179.6 ' 178. 2 ' 179. 5
185.7
183.7

179.5

do
do
do

142.5
140 3
159 9

155.4
147.4
166.5

152.5
146.2
166.6

152.9
146 4
168.4

153.7
146 2
166.1

154.9
147.1
165.8

155.3
146.5
162.5

156.4
147.1
159.6

156.3
146.5
159.7

158.3
148.8
169.4

158.5
148.8
166.5

158.1 ' 156. 2 ' 156. 5
159.2
149.1 ' 147. 8 ' 145. 2 145.8
164.9 ' 157. 7 151.5 ' 154. 1

156.5
146.1
155

167
182
146
154
1^9
154

2
6
8
8
3
3

163.0
169.5
154 4
168.9
166 6
165 7

170.0
180.5
156 2
164.1
156 2
165 5

168 4
178.9
154 6
168 4
166 7
166 3

160 7
166 0
153 6
169 9
165 9
169 1

162.3
167.8
155 2
168.3
163 9
170 1

154.5
151.5
158 6
168.0
165 5
165 2

146.4
141.7
152 7
168.9
165 0
168 0

150.7
148.6
153.5
166.0
159.3
165.9

168.5
177.8
156.2
170.0
170 2
164.4

162.8
166.7
157.8
169.1
165.3
164.7

147.0
162.6
167.3
141.3
156.4
154.4
166.5 r 165. 2
158.4 ' 154. 0
163.5
163.4

134 1
134 5
134 0
12° 2

141 4
139 6
141.8
126 4

139.7
140 4
139.5
125. 2

139 4
141 4
138.9
125 1

139
140
139
123

8
5
7
9

141.6
141 6
141.6
126.4

141.4
139 0
142.1
126.0

143.0
139 1
144.2
127 9

142.3
138.8
143.3
127.9

142.2
139.0
143.2
126.0

143.3
139.8
144.2
127.3

143. 7 r 144. 2
143.2
139.1 ' 139. 9 135.8
145.4 ' 145. 2 ' 145. 2
145.0
130.4
129.3
130.1
130.0

do
do
do
do

197 2
157 0
127 0
149 4

131 7
174 4
136 6
159 4

133.6
168.6
134 2
154 7

130
167
134
154

2
3
1
6

129 5
173 4
136 9
155 8

131 5
174.7
138 5
157 1

130.2
174.5
138 9
161 1

134 0
175.4
138 2
165 0

131.0
176.1
136.7
162.5

133.1
178.7
137.9
161 9

133.0
181.3
138.8
162 4

133.7
178.5
139.1
162 0

do
do _
do
do

172.6
181.2
172 °
190 0
208 5
167 0

166.2
175.4
167 4
184 2
198 9
163 0

166.9
175.9
167 3
186 4
9
01 3
157 6

169.8
178.3
168 5
190 1
204 9
164 7

171.4
180.0
171 0
191
0
9
05 7
168 2

174.4
182.7
174 9
189 8
208 8
167 5

176.4
184.4
176 3
194 1
208 1
169 1

177.4
185.7
177 0
194 8
209 2
178.9

178.8
187.2
178 4
195 5
9
12 7
180.3

179.6
187.5
178 1
196 9
216 9
170.7

181.0 ' 180. 2 ' 180. 0 ' 179. 4
189.3 ' 187. 4 ' 186. 5 ' 184. 6
174 6
179 1 ' 177 7 r 176 7
196.7 ' 199 8 199.0
196 0
214 5 ' 215 0 211 2
220 3
176.1
161.7
179.5

178.9
184

Rubber and plastics products
Foods and beverages.
Food manufactures
Beverages
Tobacco products
Mining
Coal
- - - .
Crude oil and natural gas. _ ._
Crude oil
Metal mining
Stone and earth minerals
Utilities
Electric
Gas
By market groupings:
Final products, total d*
Consumer goods _
Automotive and home goods. _
Automotive products .
Autos
__
.
Auto parts and allied products
Home goods 9
Appliances TV and radios
Furniture and rugs

do
do
do
do
do
do

Apparel and staples
do
Apparel incl knit goods and shoes do
Consumer staples
_
do
Processed foods
do
Beverages and tobacco
Drugs, soap, and toiletries
Newspapers magazines books
Consumer fuel and lighting

r

173.4
168.8
169.1
179 7
174 0
174 1
156. 1 ' 153. 4 r 154. 4

r

' 198. 8

131.9
130.4
140.2
118.5

r

147.2
130.9
200.5
128.9

196.3
131.3
129.5
141.1
120.2

130.8
129.5

'123.1 ' 122. 5
115.1
115.7
'120.6 '119.6
121.8
'121.4
' 142. 1 144.2
137.1
' 136. 6

' 135. 7 '
120.5 '
' 155. 7
' 162. 6
' 153 2
' 158. 5

132.9
134.1
179.0
180.3
141.5 ' 142. 3
161. 8
160 0

148

144. 6
136. 5
155.3
160.8
147.9
157.9

122.9
120
120
122

150
150

146

180.5
143.3

Farm equipment

do

147.0
156.7
153 1
164 4
162 4
148 8

Materialscf _.
Durable goods materials 9
Consumer durable
Equipment
_
Construction

do
do
do
do
do

144 2
144 3
166 8
151 9
133 8

157 1
157.4
170 3
180.7
141 6

154.4
155.6
169.1
171.9
146.1

154 5
156.7
169 0
173.6
144 3

157 1
157 7
166 0
177 1
141 8

158.0
159.3
165.2
179.1
142.3

158.8
159.1
162.8
183.7
141 0

159.6
160.1
173 6
187.9
140 2

159.2
159.8
174.0
189.1
139.8

159.9
159.8
176.2
189.7
138.5

159.1
158.5
173.8
191.0
138.5

156.2 ' 155. 9
158.9 r 158.0
152.4
156.4 -153.9 r 152. 0
145.4
'
154.
6
' 148. 4
165.4
190.6 ' 186. 5 185.8
190.3
140.4
138.2 ' 138. 9 ' 139. 4

155.4
152

Nondurable materials 9
Business supplies
Containers
General business supplies

do
do
do
do

144
136
136
136

156
148
145
150

9
9
4
7

153.1
146.0
145.2
146.4

152.3
145 3
142 4
146 7

156 5
147 8
146 1
148 6

158.0
150.3
146.4
152.2

158.6
149.9
143.2
153.2

159.1
150 1
143.4
153 4

158.6
150.7
147.4
152.4

159.9
151.6
145.3
154.8

159.9
150.9
147.2
152.8

161.4 r 161. 7 ' 160. 5 ' 159. 5
153.0 r 153. 4 ' 152. 2 151.0
151.1 ' 146. 5 ' 147. 5 145.3
154.0 ' 156. 8 ' 154. 6 153.9

159

Business fuel and power 9
Mineral fuels
Nonresidential utilities

do
do
do

127.9
115.5
159 4

136.3
122.2
173 5

133.9
120.5
168.6

130.8
114.9
170 6

136.9
123.8
171 9

138.0
124.9
172 2

138.7
124.6
174 6

138.9
124.9
175 9

138.6
123.7
176.7

138.7
124.9
174 8

138.0
123.1
175 7

139.7 r 140. 1 ' 139. 7
125.1 ' 124. 7 ' 124. 5
179.7
179.3
177.5

1 Q^4 3^fi

E quipment , including defense 9
Business equipment
Industrial equipment
Commercial equipment

1
4
6
4

139.9
124.6

141
126

BUSINESS SALES AND INVENTORIES §
11 n*?^ 871

ftfi QQ1

85 455

cc 496

86 957

8fi fi78

86 995

86 775

87 066 86 699

87 875

87 386 '86 299

87 371

Manufacturing, total
Durable goods industries
Nondurable goods industries

do
do
do

1483 343 1528 448
252 242 276 069
231 101 25° 379

44 121
23 238
20 883

43 540
22 708
20 832

44 071
22 915
21 156

44, 125
22, 898
21,227

44 397
9
3' 031
21 296

44 906
22 874
21, 332

44, 091
22, 971
21, 120

44, 487 44 393
23, 451 23 237
21, 036 21 156

45,511
23, 715
21, 796

44, 460 '43,932
23,060 '22,622
21,400 '21,310

44, 784
23, 055
21, 729

Retail trade, total t
Durable goods stores

do
do

1

283 852 1303 672
qy gi2
93 718
190 134 9n ^ Rfin

25 536
8 649

24,949
7 939
17 010

24 475
7 506
16 969

25, 394
8,056
17 338

25 362
8 106
17 956

25, 572
8 358
17 914

25, 703
8,394
17 309

25, 550 25 610
8,276 8 143
17 274 17 467

25, 368
8,156
17 212

25,687 '25,470
8,200 ' 7, 955
17 487 '17 515

25, 771
8,170
17, 601

1 187, 141 1 203, 751
82 691 Q1 O9R
104 450 112 724

17, 334

16,966
7 718
9 248

16, 880
7 601
9 279

17,438
7 637
9 800

16, 989
7 6079
9 38

17,217
7 737
9 480

16, 981
7 514
9*467

17, 029
7 574
9 455

16, 996
7 539
9 457

17, 239 ' 16, 897 16,816
7 501 '7 488 7,339
9,738 '9,409 9,477

135 549 123,630 124,700 126,179 127,584 128,714 130,043 130,839 132, 392 133,856 135,549

136,590 '136,780 136, 943

Merchant wholesalers, totalt_.
Nondurable goods establishments

_do
do

Mfg. and trade inventories, book value, end of year
or month (seas, adj.) , total? .
mil. $

120,896

1 C 887
7 887

9 447

77. 897 69,648 70, 346 71, 103
50, 037 43, 273 43,779 44, 275
9
97 860 26 375 26 567 96 8 8
36, 961 35, 101 35, 346 35, 927
_..
16, 536 15, 551 15, 690 16, 213
20, 425
9
Merchant wholesalers totalt
do
18 274
0 691 18 881 19 008 19 149
12, 112
7,886
7.910
7,800
Nondurable goods establishments
do
7.699
8.579
r
Revised.
v Preliminary.
» Based on unadjusted data.
d* See corresponding note
on p. S-3.
9Includes data for items not shown separately.
§The term "business" here includes only manufacturing and trade; business inventories
as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unad-

Manufacturing, total
Durable goods industries
Nondurable goods industries
Retail trade, totalf
Durable goods stores. _




do
do
do
do.
do. _

68 015
42, 324
25 691
34, 607
15,194

16, 696
7 372
9 324

78, 886 '79,394 79, 705
50, 620 ' 51, 079 51, 159
28, 266 '28,315 28,546
36, 924 '36,644 36, 526
36, 191
16, 491 16,315 16, 142
16, 079 on 114
9D 184.
9fl 49*%
20 433 '20 3^ 20 384
19 310 19 444 19 749 19, 600 19, 924 20 226 20, 691 20, 780 ' 20, 742 20, 712
19 119
12 140 12 096 12 047
n ^oc H 79O
81665
8,' 640 ' 8! 646
8,579
8,165
8, 203
8,390
8,095
7,992
8, 165
justed data for manufacturing are shown on p. S-5; those for retail trade on p. S-ll.
tSee corresponding note on p. S-ll.
^Revised series. The panel of reporters in the Census Bureau wholesale sample has been
updated to reflect information from the 1963 Census of Wholesale Trade; comparable data
prior to Sept. 1965 appear on pp. 26 if. of the Nov. 1966 SURVEY.

71,949
45, 003
26 946
36, 325
16,411

72, 958
45, 790
27 168
36, 312
16, 330

74,110
46,814
97 995

74, 884
47, 568
27, 316
36, 355
16, 241

75, 788 76, 896
48, 352 49, 310
27, 436 27 586
36,680 36, 734
16, 496 16, 581

77, 897
50, 037
27, 860
36, 961
16, 536

SURVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

1966

Annual

S-5

Mar.

Apr.

May

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:
Manufacturing and trade, totalt t
ratio
Manufacturing, total
Durable goods industries
Materials and supplies
Work in process
Finished goods

_

_ -

do._ _
do _ _ .
do
- - - __do__
do

Nondurable goods industries. _ - _ ...do
Materials and supplies
do
Work in process .
do _.
Finished goods...
. -. -_ -_do
Retail trade, totalt
Durable goods stores. _
Nondurable goods stores

do _
do
do

- .

Merchant wholesalers, totalt
do
Durable goods establishments
do
Nondurable goods establishments _ _ do _ _
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:
Durable goods industries (unadj.), totaL-.mil. $-.
Shipments (not seas adj ) total

Machinery except electrical
Electrical machinery
Transportation equipment
_.
M^otor 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
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products

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

1.61
1.91
.59
.80
.52

1.62
1.93
.58
.84
.51

Inventories, end of year or month:
Book value (unadjusted), total
Durable goods industries, total
Nondurable goods industries total
Book value (seasonally adjusted), total
By industry group:
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
Fabricated metal products. .

1.61
1.93
.58
.84
.51

1.47
1.63
1.97
.59
.86
.52

1.48
1.65
1.99
.59
.88
.52

1.49
1.68
2.05
.61
.90
.53

1.51
1.70
2.07
.62
.91
.54

1.52
1.70
2.06
.62
.91
.53

1.54

1.54

1.56

1.58

1.57

1.73
2.12
.63
.94
.55

1.71
2.11
.62
.94
.55

1.77
2.20
.65
.98
.57

'1.81

'.59

1.78
2.22
.64
1.02
.58

1.32
.50
.20
.62

1.33
'.50
.20
.63

1.31
.49
.20
.62

'2.26
'.66
'1.02

1.29
.50
.19
.60

1.28
.49
.19
.59

1.26
.49
.19
.59

1.28
.49
.19
.59

1.27
.49
.19
.59

1.27
.50
.19
.58

1.28
.49
.19
.59

1.28
.50
. 19
.59

1.29
.50
.20
.60

1.30
.50
.20
.60

1.30
.49
.20
.60

1.28
.48
.20
.60

1.40
1.86
1.17

1.42
1.97
1.16

1.37
1.80
1.16

1.42
1.98
1.16

1.47
2.16
1.16

1.43
2.04
1.15

1.43
2.01
1.16

.42
.92
.17

1.41
1.93
1.16

1.44
1.99
1.17

1.43
2.04
1.15

1.46
2.03
1.19

1.44
2.01
1.17

'1.44
'2.05
'1.16

1.42
1.98
1.16

1.14
1.49
.87

1.14
1.49
.85

1.09
1.39
.83

1.12
1.45
.84

1.13
1.48
.85

1.11
1.48
.82

1.14
1.49
.86

.15
.50
.86

1.15
1.52
.86

1.17
1.55
.87

1.21
1.61
.90

1.22
1.61
.91

1.21
1.62
.89

'1.23
'1.62
'.92

1.23
1.64
.91

9,941

11, 437

983

934

984

956

839

881

990

1,003

1,016

1,114

963

'1,016

1,196

41, 626 ' 44,808
21, 395 ' 23,062
'864
835
3,632 ' 3, 748
1,889 '1,876
1,918 ' 2, 121
3,169 '3,626
3,149 ' 3, 419
5,822 ' 6, 086
3,713 '3,653
'806
740

45, 944

528, 448

45,218

44, 918

44, 287

46, 244

40, 412

43, 109

46, 170

46, 326

44,711

43, 501

276, 069
11, 929
45, 651
23, 707
26, 024

23, 996
976
3,955
2,076
2,203

23, 869
1
1, 028
4,074
2,178
2,187

23, 574
1,020
3,996
2,108
2,206

24, 652
1,114
4,066
2,104
2,332

20, 599
990
3,507
1,881
2,006

21, 432
1,074
3,790
2,007
2,263

23, 753
1,075
3,954
2,067
2,341

24,158
1.075
3,851
1,981
2, 232

23,425
959
3, 731
1,901
2,142

22, 982
877
3,575
1, 772
2, 094

do
do
_ _do_ _ .
do
do

36, 490
33, 593
68, 039
45, 412
8,347

40, 204
39, 852
73, 460
46, 470
9,806

3,526
3,332
6,655
4,431
809

3,506
3,218
6,496
4,280
794

3,440
3,181
6,415
4,118
790

3,641
3,396
6,610
4,277
861

3,075
3,065
4,925
2,790
752

3,162
3,315
4,437
2,179
817

3,406
3,668
5,857
3,574
892

3,465
3,641
6,537
4, 250
874

3, 270
3, 540
6,585
4,250
880

3,449
3,449
6,477
4,017
917

231, 101
80, 678
4,864
19,318
19, 385
36,030
19, 178
11, 653

252, 379
87, 761
5,104
20, 407
21,770
38. 676
20, 517
12, 752

21, 222
7,259
430
1,754
1,810
3,404
1,597
1,113

21,049
7,177
398
1,685
1,770
3,498
1,722
1,124

20, 713
7,245
427
1,662
1,784
3,365
1,685
1,094

21, 592
7,508
465
1,789
1,929
3,401
1,748
1,127

19,813
7,031
432
1,462
1,699
2,980
1,709
971

21,677
7,411
447
1,791
1,926
3,187
1,743
1,042

22,417
7,787
440
1,845
1,927
3,375
1,743
1,078

22,168
7,546
418
1,847
1,908
3,313
1,794
1,109

21,286
7, 354
433
1,777
1,860
3,077
1,733
1,008

20, 519
7,348
417
1,628
1,782
2, 933
1,753
1,039

20, 231 ' 21,746 22, 084
7,663
7,085 ' 7, 490
'398
413
384
'
1,
725
1,758
1,587
1,906
1,787 '1,891
3,402
3,148 '3,342
1,704 ' 1, 745 1,707
1,142
'
1,
086
1,009

44, 121

43, 540

44, 071

44, 125

44, 327

44,206

44, 091

44, 487

44,393

45,511

44,460 ' 43,932

23, 860 i 23,600
927
3,732 13,700
1,925
2,173

3,758
3,493
6,440
3,857
852

44, 784

23, 238
1,078
3,726
1,930
2,288

22, 708
995
3,803
2,006
2,148

22, 915
932
3,798
2,012
2,129

22, 898
979
3,840
2,012
2,144

23, 031
940
4,045
2,210
2,142

22, 874
951
3,922
2,036
2,130

22,971
980
3,919
2,039
2,201

23, 451
971
3,839
1,996
2,098

23,237
979
3,812
1,983
2,180

23, 715
1,068
3,893
1,982
2, 267

23,060
1,061
3,758
1,920
2,135

do
do
do
do
do

3,285
3,266
6,243
4,096
803

3,226
3,284
5,939
3,844
800

3,254
3,313
6, 176
3,895
801

3,321
3,230
6,114
3,908
813

3,363
3,496
5,742
3,405
844

3,364
3,377
5,915
3,550
851

3,422
3,413
5,845
3,569
833

3,559
3,445
6,389
4, 033
847

3, 468
3, 386
6,226
3, S53
856

3,583
3,389
6,268
3,899
845

3,492
3,463
5,881
3.568
834

' 3, 485
'3,336
'5,686
' 3, 385
'805

do
do
_. do
do
do
do
do
do

20,883
7,257
450
1,729
1,763
3,326
1,640
1,081

20, 832
7,255
411
1,670
1,740
3,260
1,756
1,079

21, 156
7,340
416
1,723
1,790
3,214
1,734
1,082

21, 227
7,334
435
1,704
1,839
3,260
1,734
1,050

21,296
7,274
417
1,717
1, 875
3,237
1,733
1,080

21,332
7,476
425
1,725
1,878
3,203
1,718
1,064

21,120
7,360
430
1,688
1,843
3,170
1,728
1,043

21,036
7, 220
418
1,704
1,841
3,219
1,781
1,029

21,156
7, 334
416
1,731
1,878
3,191
1, 739
1,036

21,796
7,672
426
1,752
1,903
3,286
1,719
1,111

21, 400
7,381
424
1,751
1,880
3,297
1,688
1,079

' 21,310
' 7, 370
'420
'1,674
'1,856
' 3, 325
'1,722
'1,075

21, 729
7,658
433
1,732
1,856
3,324
1,756
1, 109

2 44, 909 2 49, 609
2 101, 305 2110,451
2 60, 300 2 67, 889
2 50, 403 2 52, 045
2 37, 543 2 38, 977
2 188, 883 2209,477

4,140
9,140
5,529
4,573
3,488
17, 251

4,080
9,092
5,453
4,275
3,340
17, 300

4,204
9,193
5,626
4,327
3,203
17, 518

4,189
9,195
5,605
4,373
3,250
17, 513

4,227
9,199
5, 793
3,857
3,181
18, 070

4,146
9,373
5,731
4,031
3,165
17,760

4,162
9,337
5,753
4,054
3,205
17, 580

4, 162
9.138
5,943
4,494
3,086
17.664

4, 196
9,263
5, 797
4,355
3,146
17,636

4, 226
9,597
5,946
4,399
3,211
18, 132

4,185
9,344
5, 718
4, 052
3,264
17, 897

' 4, 128
' 9, 346
' 5, 703
' 3, 844
' 3, 253
' 17,658

4,236
9,601
5, 982
3,978
3,279
17, 708

2 19, 283 221,212
2 27, 965 2 33, 240
2 47, 115 2 53, 220

1,817
2,637
4,376

1,785
2,638
4,301

1,754
2,832
4,353

1,735
2,730
4,375

1,803
2,894
4,553

1,760
2,849
4,510

1,760
2,822
4,559

1,788
2,888
4, 648

1,803
2,864
4,546

1, 822
2,909
4, 589

1,810
2, 876
4,615

72, 684
45. 634
27, 050

73,770
46,680
27,090

74,417
47,319
27,098

75, 297
47, 993
27, 304

76,383
48,764
27,619

77, 392
49, 432
27, 960

do
do
do

67, 620
41, 831
25, 789

77, 392
49, 432
27, 960

70, 049
43, 594
26, 455

70, 755
44, 219
26, 536

71, 668
44, 910
26, 758

72, 380
45, 444
26, 936

do

68, 015

77, 897

69, 648

70, 346

71, 103

71, 949

72, 958

74, 110

74, 884

75, 788

76,896

do
do
do
do
do

42, 324
1,626
6,349
3,678
4,856

50,037
1,746
7,109
4,043
5,314

43, 273
1,652
6,553
3,813
4,779

43, 779
1,662
6,594
3,817
4,754

44, 275
1,688
6,700
3,887
4,758

45,003
1,697
6,770
3,917
4,782

45, 790
1,692
6,787
3,911
4,837

46,814
1,698
6,902
3,966
4,916

47, 568
1,675
6,908
3,993
5,048

48, 352
1,703
6.971
4, 048
5,109

49,310
1,722
7, 057
4,077
5, 214

8,508
6,093
8,930
3,318
1,788

9,942
7.653
11,369
3,538
2,214

8,610
6,334
9,186
3,226
1,851

8,658
6,408
9,481
3,274
1,883

8,756
6,552
9,483
3,314
1, 932

8,958
6,688
9,634
3,233
1,987

9,097
6,841
10, 006
3,394
2,023

9,329
6,998
10,399
3,537
2,062

9,536
7,205
10, 557
3,489
2,106

9,665
7,383
10.780
3,518
2, 150

9,852
7. 580
11,091
3,553
2,174

Based on data not seasonally adjusted.

3,493
3,429
6,001 16,000
3,500
847

' 1, 777 1,849
3,112
'2,897
4, 628
' 4, 562

78, 881 ' 79,817
50, 433 ' 51,274
28, 448 ' 28,543

80, 156
51,521
28, 635

77, 897

78, 886 ' 79,394

79, 705

50, 037
1,746
7,109
4,043
5,314

50, 620 ' 51,079
1,772 '1,787
7,140 ' 7, 174
4,088 ' 4, 137
5,272 '5,295

51,159
1,787
7,204
5, 132
5,277

9,942
7,653
11.369
3,538
2, 214

10, 029 '10,117 10, 129
7,811
7,799 ' 7, 857
11,717 ' 11,921 12,017
3,548
3,608 '3,640
2,211 ' 2, 222 2 229

9 Includes data for items not shown separately.
tSee corresponding note on p. S-4.

16,500

' 22,622 23, 055 122,500
1,019
'1,013
3, 516 i 3, 400
' 3, 618
'1,802
1,789
' 2, 214 2,258

- do
do
do
do
do

Machinery, except electrical
do...
Electrical machinery.
.
do
Transportation equipment
do._.
Motor vehicles and parts
do._.
Instruments and related products _ _ d o - _ .
2

1.48

252, 242
11, 753
41,910
22, 916
24, 292

By market category:
Home goods and apparel
do
Consumer staples
do
Equipment and defense prod., excl. auto.do
Automotive equipment
do
Construction materials and supplies
do
Other materials and supplies
do
Supplementary market categories:
Consumer durables
do
Defense products
do
Machinery and equipment
- _ do




1.46

1.58
1.86
.56
.81
.49

do

Machinery, except electrical
Electrical machinery. _ _ .
Transportation equipment
Motor vehicles and parts
Instruments and related products

r
Revised.
1 Advance estimate.
tSee corresponding note on p. S-ll.

1.42

1.64
1.98
.59
.87
.52

483, 343

do
do
do
do
do
do
do
do

Shipments (seas, adj.), total
By industry group:
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals .
Blast furnaces steel mills
Fabricated metal products

1.48

do
do
-do _
do
do

do

Durable goods industries, total 9
Stone clay and glass products
Primary metals .
Blast furnaces, steel mills
Fabricated metal products

1.46

SURVEY OF CURRENT BUSINESS

S-6
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

1966
Mar.

Annual

May 196

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month— Continued
Book value (seasonally adjusted)— Continued
By industry group— Continued
Durable goods industries— Continued
By stage of fabrication:
Materials and supplies 9
mil. $
Primary metals . . _.
do. ..
Machinery (elec. and nonelec.)__.do
Transportation equipment
do
Work in process 9
- .__
do
Primary metals
do
Machinery (elec. and nonelec.)---do.. __
Transportation equipment
_do_ ._
Finished goods 9
do
Primary metals
do
Machinery (elec. and nonelec.)_.-do. _ _
Transportation equipment
do

12, 943
2,388
3,816
2,278
18, 109
2,130
6,699
5,465
11,272
1,831
4,086
1,187

14, 802
2,603
4,877
2.477
22, 263
2, 477
7,853
7,512
12, 972
2, 029
4,865
1,380

12,988
2,445
3,963
2,188
18, 807
2,255
6,843
5,802
11,478
1,853
4, 138
1,196

13, 146
2,490
4,019
2,195
19, 141
2,244
6,904
6,078
11, 492
1,860
4,143
1,208

13,298
2,489
4,120
2,226
19, 302
2,337
6,977
6,003
11,675
1,874
4,211
1,254

13, 507
2,486
4.266
2,221
19, 693
2,394
7,099
6,149
11,803
1,890
4,281
1,264

13, 653
2,472
4,390
2,227
20, 235
2,438
7,221
6,522
11,902
1,877
4,327
1,257

13, 997
2,495
4,529
2,363
20, 698
2,501
7, 356
6,771
12, 119
1,906
4,442
1,265

14,309
2,486
4,673
2,452
20,949
2,452
7,489
6,847
12,310
1,970
4,579
1,258

14, 465
2, 505
4, 785
2,449
21 , 446
2 504
7, 628
7,030
12 441
1,962
4,635
1 301

14, 599
2,548
4,846
2,468
21, 934
2,503
7,791
7,284
12,777
2,006
4,795
1,339

14 802 14,880 '14, 856
2,640 '2,638
2,603
4,937 '4. 910
4,877
2,499 '2, 519
2 477
22 263 22,643 '22, 967
2,455 '2, 489
2 477
7,911 '7, 949
7,853
7,852 '8, 028
7,512
256
12 972 13, 097 '13,
2,045 r2, 047
2 029
4,980 '5, 115
4 865
1,366 '1, 374
1 380

14 762
2,640
4,853
2 450
23, 113
2 478
7,953
8,208
13 284
2,086
5,134
1 359

25,691
6,034
2,371
3 130
1,965
4,335
1,756
1,279

27, 860
6,394
2,343
3,333
2,271
5, 039
1,869
1,402

26, 375
6, 357
2,394
3,174
1,985
4 460
1,809
1,295

26,567
6,480
2,395
3,173
1,997
4,504
1,802
1,299

26, 828
6,515
2,394
3,156
2,028
4,632
1,795
1,309

26, 946
6,503
2.383
3,248
2,068
4,664
1,776
1,323

27, 168
6,534
2,366
3,297
2,131
4,741
1,804
1,345

27, 296
6,361
2,350
3,348
2,171
4,819
1,829
1,364

27,316
6,274
2,339
3,322
2,194
4,880
1,813
1,368

27, 436
6,284
2,340
3 356
2,214
4,937
1 819
1,386

27, 586
6,383
2, 307
3,286
2,230
5,000
1,835
1,422

27 860
6 394
2 343
3 333
2 271
5 039
1 869
1 402

28, 266 '28, 315
6,593 '6, 594
2,336 '2, 376
3,325 '3, 349
2,265 '2, 272
5,145 '5, 175
1,930 '1, 925
1,444 '1,427

28, 546
6,690
2,387
3,354
2,293
5,188
1,936
1,454

9,964
3,862
11,865

10, 501
4, 333
13. 026

10, 153
3,893
12,329

10, 309
3,913
12, 345

10, 439
3,991
12, 398

10, 562
4,044
12, 340

10,506
4,062
12, 600

10,615
4,126
12, 555

10,579
4,169
12,568

10, 542
4,251
12 643

10, 571
4, 253
12, 762

10, 501
4, 333
13, 026

10,609 '10, 553
4,349 '4, 349
13, 308 '13, 413

10, 629
4,356
13, 561

do
do
do.
do
do
do __

7,021
9 844
14, 835
4,032
6,054
26, 229

8.190
10, 476
18, 166
4, 358
6,537
30, 170

7,329
10, 251
15, 266
3,941
6,072
26, 789

7,403
10,380
15, 557
3,992
6,090
26, 924

7,521
10, 466
15, 655
4,028
6,124
27,309

7,573
10, 485
16. 034
3,952
6,192
27, 713

7,609
10,499
16. 330
4,117
6,202
28, 201

7,768
10,313
16, 709
4,293
6,267
28, 760

7,893
10,247
17,125
4,253
6,298
29,068

8, 002
10 313
17 457
4,298
6 380
29 338

8,083
10, 415
17, 877
4,354
6,442
29, 725

8,190
10 476
18, 166
4.358
6 537
30 170

8,335 '8, 356
10, 698 '10, 730
18, 495 '18, 750
4,424 '4, 450
6,493 '6,512
30, 441 '30, 596

8,325
10, 871
18, 987
4,368
6,496
30, 658

do
do_ _
do

3 287
6,388
10 701

4,189
8,732
12, 592

3,475
6,824
10, 848

3,508
7,079
10, 939

3,627
7,099
11,063

3,721
7,304
11,339

3,765
7,513
11 537

3,831
7,736
11,818

3, 922
7,925
12,096

4 035
8,189
12 228

4,148
8,465
12, 471

4,189
8,732
12, 592

4,311 '4, 328
8,990
9,193
12, 719 '12 801

4,267
9,397
12 795

. _ do_ .. 492, 272
260, 732
do
do
231, 540

542, 179
289, 836
252, 343

47, 398
26,099
21,299

46,401
25, 238
21, 163

44, 748
23,969
20, 779

47, 664
26, 120
21,544

42, 314
22, 521
19, 793

43, 805
22, 244
21, 561

48,083
25,810
22,273

46, 649
24, 518
22 131

43, 927
22, 738
21, 189

43, 377
22, 949
20, 428

41, 779 '44, 802
21,562 '23, 117
20, 217 '21, 685

45, 277
23, 268 123,200
22, 009

2492 272 2542,179

45, 833

45, 064

45, 321

45 833

45, 625

44, 842

46,318

45 243

44, 052

45, 845

43,408 '43, 527

43, 761

260, 732
41, 017
21,378
24 914
38,434
35, 292
72, 973
22 044

289, 836
46, 879
24,285
26, 743
42, 677
42, 269
79, 861
27,503

24,888
4,057
2,104
2,411
3,529
3,489
6,873
2 395

24, 197
3,905
2,037
2,206
3,538
3,612
6,561
2,099

24, 276
4,305
2,331
2,237
3,553
3,466
6,488
1,942

24, 593
4,109
2,173
2 163
3 609
3,487
6,902
2 569

24, 371
4,106
2,277
2,231
3,426
3,744
6,639
2 340

23, 512
3,792
1,906
2,128
3,774
3,603
5,986
2,072

25,274
4,047
2,166
2,106
3,715
3,676
7,561
3,403

24. 244
3,817
1,881
2 231
3 647
3,579
6,860
2 237

23, 027
3,588
1,834
2,275
3,675
3,507
5,714
1,679

23, 960
3,677
1,737
2, 403
3,582
3,358
6,540
2 410

22, 072 '22, 329
3,315 '3, 427
1,495 '1, 805
2,049 '2,224
3,391 '3, 266
3,552
3,362
5,577 '5, 799
1,833 '2 291

22, 125 122,200
3,023 13,300
1,439
2,234
3,389
3,257
5, 947 16,100
2 212

231 540
63 458
168 082

252, 343
69, 463
182,880

20 945
5 745
15 200

20 867
5,650
15 217

21,045
5,692
15, 353

21 240
5*834
15 406

21 254
5 952
15 302

21, 330
5,938
15 392

21,044
5,792
15,252

20 999
5' 822
15 177

21, 025
5, 799
15, 226

21 885
6,091
15 794

21, 336 '21 198
5,934 '5, 750
1 5, 402 '15 448

21, 636
5,808
15 828

49, 710
110,454
75, 275
52, 058
39, 413
215, 269

4,173
9 141
6 036
4 538
3 600
18 345

4,051
9,092
6 295
4,343
3 426
17, 857

4,227
9,197
5,937
4, 516
3,227
18, 217

4
9
6
4
3
18

271
202
378
418
219
345

4,174
9 205
6 464
3,884
3 221
18, 677

4, 149
9,373
5,891
4,027
3,156
18, 246

4.184
9,330
7,751
4,126
3,073
17,854

4,178
9 131
6 584
4 594
3 173
17 583

4,124
9,260
5, 543
4,184
3,200
17, 741

4, 207
9,597
6,607
4,200
3,373
17, 861

4,175 '4, 059
9,344 '9, 348
5,192 '5 756
3, 851 '3, 610
3,177 '3, 307
17, 669 '17, 447

4,136
9,600
5,801
3,868
3,275
17, 081

21,318
40, 469
56,770

1,819
3,375
4,587

1,784
3,299
4,788

1,812
2, 907
4,845

1 817
3 685
4,753

1,739
3,503
5,092

1,749
3,155
4,813

1,758
4, 671
4,906

1,824
3,308
4, 816

1,764
2,727
4,647

1.786
3,359
4,603

78, 630
75,315
3,315

71, 337
67,646
3 691

72, 822
69, 018
3 804

73, 279
69,410
3,869

74 705
70 883
3 822

76,602
72, 801
3 801

77, 300
73,615
3 685

79,213
75,673
3 540

79, 537
76, 033
3 504

78, 753
75, 346
3 407

78,630
75, 315
3,315

78, 787 '78, 777
75,485 '75, 536
3 302 '3 241

78, 107
74, 941 i 74, 500
3 166

66,068

79, 917

70, 527

72, 049

73,297

75 009

76, 310

76, 942

79,170

79, 923

79, 581

79, 917

78, 863 '78, 455

77,431

62, 534
5,646
2,730
5,467
10 304
9,830
25, 993
19, 781

76,415
6,909
3, 305
6,221
12, 816
12, 279
32,350
26,056

66, 762
6,434
3 238
5,681
10 857
10 581
27, 712
21, 566

68,250
6,536
3,269
5,740
11 169
10,909
28, 333
22. 006

69, 609
7,042
3,588
5,847
11,468
11,061
28,646
22, 110

71 308
7 312
3 749
5 866
11 757
11 318
29 434
22 927

72, 651
7,374
3,816
5,954
11 820
11 567
30, 332
23, 420

73,286
7,244
3,686
5, 952
12, 230
11,793
30, 402
23, 649

75,591
7,372
3,813
5,856
12,524
12,056
32,119
25,274

76, 382
7,350
3 698
5,989
12 611
12 189
32, 590
25, 673

76, 170
7,125
3,550
6,084
12 818
12 310
32, 078
25, 513

76, 415
6,909
3,305
6,221
12, 816
12, 279
32, 350
26, 056

75, 427
6,466
2,880
6,135
12 716
12,368
32,046
26,061

'75, 131
'6, 274
2,882
'6, 144
'12 497
'12, 394
'32, 158
'26, 505

74, 202 173,900
5,781 15,600
2,532
6,120
12, 393
12, 222
32, 105 132,200
26, 681

3,534

3,502

3,765

3,799

3,688

3,701

3,659

3,656

3,579

3,541

3,411

3,502

3,436

'3, 324

3, 229

2,124
34, 732
6,041
23, 171

2,230
42, 205
6,493
28, 989

2,254
36, 275
6 211
25. 787

2,225
37, 186
6,298
26,340

2, 250
37,687
6,320
27, 040

2,341
38, 503
6 290
27, 875

2,295
39, 198
6,330
28, 487

2,295
39, 354
6,320
28, 973

2,313
41,426
6,188
29,243

2,324
42, 165
6, 274
29, 160

2,247
41,740
6,330
29, 264

2,230
42, 205
6,493
28, 989

2,219 '2, 154
41, 479 '41, 297
6,405 '6? 457
28, 760 '28, 547

2,051
41,007
6,454
27,919

1,601
24, 587
16,000

1 704
31, 765
19,614

1 680
26, 578
16. 785

1,678
27, 239
17, 273

1,736
27, 316
17, 762

1 819
28, 269
18, 142

1 757
28, 879
18, 683

1,744
29, 184
18. 986

1,744
31,033
19,333

1,780
31,453
19, 499

1 740
31,316
19,602

1,704
31, 765
19, 614

1,530
1,720 '1, 644
31, 735 '32, 167 32, 294
19,545 '19, 224 18, 928

Nondurable goods industries, total 9 - -do
Food and kindred products
do _
Tobacco products.
_ _ do
Textile mill products
do
Paper and allied products _
do. __
Chemicals and allied products.
do
Petroleum and coal products
do
Rubber and plastics products . _ . -_do
By stage of fabrication:
Materials and supplies.
_
do. _ _
Work in process
do
Finished goods
do
By market category:
Home goods and apparel
Consumer staples
Equip, and defense prod., excl. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies. _
Supplementary market categories:
Consumer durables
Defense products
Machinerv and equipment
New orders, net (not seas, adj.), total.
Durable goods industries, total
Nondurable goods industries, total
New orders net (seas, adj.) total
By industry group:
Durable goods industries, total 9..
Primary metals
Blast furnaces, steel mills
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft and parts
Nondurable goods industries total
Industries with unfilled orders©
Industries without unfilled orders^

!

do
_ _ do..
do
do.
do
do
do
do
do
do
do
do

By market category:
45 057
Home goods and apparel
do
Consumer staples
do
101 315
65 081
Equip and defense prod excl auto
do
51 053
Automotive equipment
do
Construction materials and supplies
do
38 058
Other materials and supplies
do
191 708
Supplementary market categories:
19, 449
Consumer durables
do
Defense products
_
. _ _ _ . do_ __ 32, 534
49, 679
Machinery and equipment
do
Unfilled orders, end of year or month (unadjusted),
total
mil. $
Durable goods industries, total _ .
do
Nondur goods indus with unfilled orders© do
Unfilled orders, end of year or month (seasonally
adjusted), total
mil. $
By industry group:
Durable goods industries, total 9 . -- do ._
Primary metals
do
Blast furnaces steel mills
do
Fabricated metal products
_ do
Machinery except electrical
do
Electrical machinery
do
Transportation equipment
_. _ .do
Aircraft and parts
do
Nondur. goods indust. with unfilled orders©.do
By market category:
Home goods, apparel, consumer staples
do
Equip, and defense prod., incl. auto
do.
Construction materials and supplies
do
Other materials and supplies..
do
Supplementary market categories:
Consumer durables
do
Defense products
. . _ do
Machinery and equipment
do

64,896
61,543
3 353

2
' Revised.
i Advance estimate.
Data for total and components (incl. market
categories) are based on new orders not seasonally adjusted.
9 Includes data for items not shown separately.
©Includes textile mill products,
leather and products, paper and allied products, and printing and publishing industries; un-




1,826
2,846
4,545

'1, 698
'3. 330
'4> 242

1,738
3,240
4,333

i 3, 200
14,500

filled orders for other nondurable goods industries are zero.
^For these industries (food and
kindred products, tobacco products, apparel and related products, petroleum and coal products, chemicals and allied products, and rubber and plastics products) sales are considered
equal to new orders.

SURVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1905
edition of BUSINESS STATISTICS

1965

S-7

1966

1966

Annual

Mar.

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

I
Nov. 1

Dec.

Jan.

Feb.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS^
New incorporations (50 States and Dist. Col.):
Unadj usted
number
Seasonally adjusted© _,
do
INDUSTRIAL AND COMMERCIAL
FAILURES tf
number

Failures, total

Commercial service
Construction
_
Manufacturing and mining
Retail trade.
Wholesale trade
Liabilities (current), total

do
do
do
do
do
thous. $

Commercial service
Construction
_ _ ._ _
Manufacturing and mining
Retail trade..
_ _
Wholesale trade

do
do
do
do
do

Failure annual rate (seasonally adjusted)
No. per 10,000 concerns

203 897

200 010

20 156
17,266

17,299
17,057

17, 036
16,644

17, 500
16,577

15, 336
16,074

16, 149
16,343

14,528
15,764

15,241
16,233

13, 982
16,206

16, 467
16, 583

18, 714
16, 703

15, 225
15, 987

19, 036
16, 244

13 514

13 061

1 226

1,106

997

1,077

1 017

1,249

1 042

1 150

1,112

1 055

1,191

1,216

1,216

1 299
2 513
2,097
6 250
1 355

1 368
2,510
1,852
6,076
1,255

130
209
171
601
115

121
206
154
509
116

108
210
121
459
99

100
212
157
511
97

94
186
144
492
101

112
276
191
567
103

123
195
159
470
95

138
213
154
542
103

127
214
145
526
100

111
219
157
454
114

113
223
171
558
126

152
236
160
555
113

128
227
190
557
114

1 321 666 1,385,659 103 471 110, 141
248 523
290 980
350 324
287 478
144,361
1

96, 376 123, 575

69 876 178,088 129 162 108 046 106, 732 161 481 108, 172 113, 450 119, 322

185 202
326, 376
352 861
344 346
176, 874

11,005
16, 630
29 928
29 749
16, 159

20, 761
35, 024
22,011
22, 444
9,901

26, 400
23, 832
20,164
17. 054
8,926

27, 123
20, 736
28, 330
32, 528
14, 858

4 459
18, 233
19 230
18, 757
9,197

38 358
33, 193
43 497
30, 488
32, 552

14 435
24, 513
50 411
23' 928
15 875

8 230
24, 399
34 992
26 043
14, 382

6 161
24, 523
33 768
27 343
14, 937

11 654
67,110
29 338
38 631
14, 748

8,044
19, 361
32 818
27, 301
20, 648

12, 746
25, 050
32 325
32, 887
10, 442

10, 086
38, 928
29 321
32, 652
8,335

151.6

50,2

47.4

45.8

49.4

52.3

60.8

56.6

57.2

55.6

52.4

'54.9

'57. 1

49.7

272
241

270
236

266
233

259
230

258
230

255
224

252
223

250
224

53 3

COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS
Prices received, all farm productst
1910-14= 100. _
Crops9
_
do
Commercial vegetables
do
Cotton
do
Feed grains and hay
do
Food grains
_
do
Fruit
do
Tobacco..
do
Livestock and products 9
do
Dairy products
do
Meat animals
„
do
Poultry and eggs
do
Prices paid:
All commodities and services
do
Family living items
do
Production items
do
All commodities and services, interest, taxes, and
wage rates (parity index) ... .. 1910-14 =100
Parity ratio §
do

265
235

248
232

269
231

265
236

263
239

264
241

267
245

246
224

261
245
173
164
236
513
261
261
319
145

291
215
179
185
242
551
292
293
356
160

170
171
234
545
303
277
380
174

313
240
172
168
243
547
291
272
365
161

290
240
175
174
262
546
284
266
361
150

281
246
175
189
269
546
283
267
359
147

304
252
182
204
224
546
285
285
351
153

309
179
188
199
241
559
298
301
365
162

270
179
190
198
255
571
299
318
354
168

259
190
184
188
274
563
294
328
343
160

295
185
183
189
232
540
284
325
323
163

279
186
187
191
219
564
282
321
322
158

282
168
186
187
201
555
281
311
330
152

283
175
184
179
195
561
277
307
328
142

282
173
186
189
196
559
273
301
323
144

323
173
183
185
190
557
265
294
319
130

288
306
276

298
315
285

296
313
284

296
314
283

296
315
283

296
314
283

297
315
285

299
317
287

301
318
289

300
318
287

300
318
286

300
318
287

301
318
289

301
318
288

'301
••318

289

301
318
288

321
77

334
80

331
81

333
80

333
79

333
79

334
80

335
81

337
80

337
79

337
77

337
77

340
75

339
74

340
74

341
72

114 7

114 8

115.0

291

CONSUMER PRICES
(U.S. Department of Labor Indexes)

Unadjusted indexes:
All items
_
1957-59=100
Special group indexes:
All items less shelter
do
All items less food—
do
Commodities
do
Nondurables
do
Durables 9 ...
do
New cars
do
Used cars
do
Commodities less food
do
Services
do
Services less rent
do
Food9
do
Meats, poultry, and fish ...
do
Dairy products
_ do
Fruits and vegetables
. do
Housing
do
Shelter 9
do
Rent
_
do
Homeownership
._
do
Fuel and. utilities 9
do
Fuel oil and coal
do
Gas and electricity
do
Household furnishings and operation.- -do
Apparel and upkeep
do
Transportation
do
Private
do
Public
_
do
Health and recreation 9
do
Medical care
do
Personal care
do
Reading and recreation
do
Seasonally adjusted indexes:*
Food
do
Apparel and upkeep
do
Transportation .
do

109 9

109.6
110.4
106.4
107 9
102.6
99 0
120 8
105 1
117 8
120 0
108 8
105 1
105.0
115 2
108 5
110 6
108 9
111 4
107 2
105 6
107.8
103.1
106.8
111 1
109 7
121 4
115.6
122 3
109 9
115.2

2

113 1
112 9
113.0
109.2
111 8
102 7
97 2
117 8
106 5
122 3
125 0
114 2
114 1
111.8
117 6
111 1
114 1
110 4
115 7
107 7
108 3
108.1
105.0
109.6
112 7
111 0
125 8
119.0
127 7
112 2
117.1

2

112 0

112 5

112.6

112 9

113.3

113 8

114 1

114 5

114.6

114 7

111 9
111.6
108 4
111 1
102 0
97 1
115 4
105 6
120 1
122 5
113 9
116 9
108 1
117 4
109 6
112 3
109 9
113 5
106 6
108 9
108.2
104.0
108,2
111 4
109 9
122 1
117.6
125 3
111 0
116.6

112 4
112.2
108.8
111.4
102.3
97 4
117.4
106.0
121 1
123.6
114 0
115 6
108.9
119.8
110 3
113 0
110 1
114.3
108.3
108.5
108.3
104.4
108.7
112 0
110.5
122 1
118.1
125.8
111 6
116.8

112.4
112.5
108.8
111 3
102.5
97 0
117.5
106.3
121 5
124.1
113 5
113.9
109.3
119.2
110 7
113 5
110.2
115.0
108.2
108.0
108.2
104.6
109.3
112.0
110.5
122 1
118.4
126.3
112 0
116.8

112 6
112.8
109.0
111 5
102.6
96 8
118.2
106.4
122 0
124.8
113 9
114.2
109.6
121.7
111 1
114 1
110.2
115.8
108.0
107.0
108.1
104.8
109.4
112.2
110.7
122 8
118.7
127.0
112 2
117.0

113.1
113.2
109.3
111.8
103.0
96 7
120.3
106.7
122 6
125.5
114 3
114.3
111.0
121.5
111 3
114 4
110 3
116.2
107 9
107.0
108.1
105.1
109.2
113 5
111 5
129 1
119.1
127 7
112 5
117.2

113 6
113 4
109 8
112 5
103 0
95 g
122 1
106 6
123 0
125 9
115 8
114 5
114 8
122 3
111 5
114 6
110 6
116 4
107 9
107 0
108.1
105.2
109.2
113 5
111 6
129 2
119.5
128 4
112 7
117. 4

113 9
113 8
110 0
112 9
102 7
94 4
120 1
107 0
123 5
126 5
115 6
114 8
116 0
116 6
111 8
115 0
110 7
116 8
108 0
107 4
108.1
105.7
110.7
113 3
111
3
199 5
119.9
129 4
113 0
117.5

114 3
114.4
110.3
113 1
103 5
98 4
120 8
107 6
124 1
127 1
115 6
113 8
117.1
115 3
112 2
115 5
111 0
117 4
108 1
108 3
108.0
106.1
111.5
114 3
112 3
1°9 6
120.4
130 4
113 3
118.0

114.4
114.8
110.2
112 9
103.5
99 3
119 3
107.8
124 7
127 7
114 8
111 8
116.7
114 9
112 6
115 8
111 2
117.8
108 3
108.9
108.1
106.5
112.0
114 5
112 6
129 6
120.8
131 3
113 4
118.3

114 3
114 9
110 1
113 0
103 1
98 6
114 2
107 7
125 2
128 3
114 8
110 9
116 5
114 3
113 0
116 4
111 3
118 6
108 4
110 2
107.9
106.7
112.3
113 8
111 7
129 8
121. 0
131 9
113 7
118.4

114 2
114 8
109 9
112 7
102 7
97 6
113 0
107 3
125 5
128 8
114 7
110 3
116 4
115 3
113 1
116 5
111 4
118 7
108 6
110 5
108.3
106.7
111.3
113 4
111 4
129 8
121.4
132 9
113 8
118.5

114 3
115 2
109 9
112 7
102 8
97 3
114 0
107 6
125 9
129 2
114 2
110 7
116 1
114 2
113 3
116 8
111 7
118 9
108 7
111 1
108.3
107.0
111.9
113 8
111 8
130 0
121.8
133 6
114 1
118.6

114.6
115.4
110.0
112.9
102.9
97 2
115.9
107.8
126 3
129.5
114 2
110 0
115.7
115 2
113 3
116 6
111 8
118.6
108 7
111.1
108.3
107.3
112.6
114 2
112 2
130 5
122.2
134 6
114 4
118.9

114 2
108 5
111.8

114.3
108.8
112.3

114.0
109.4
112.0

114.0
109.5
112.3

113 2
109 6
113.4

115 5
109 6
113.5

115 3
110 5
113.5

115 8
110 8
114.1

115 3
111 3
114.0

115 3
111 7
113.3

114 9
111 9
113.2

114 0
112 3

114 3
112 9
114.5

' Revised.
1 Based on unadjusted data.
2
Beginning with indexes for Jan. 1966, data for six additional areas (Cincinnati, Houston,
Kansas City, Milwaukee, Minneapolis-St. Paul, and San Diego) have been incorporated
into the national CPI. These areas were "linked" into the CPI as of Dec. 1965 and were
first used in calculating the Dec. 1965-Jan. 1966 price change.
cf Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).
©Revised seasonally adjusted data for Jan. 1964-Nov. 1965 will be shown later.




1143

} Re visions for Jan. 1963-Mar. 1965 are available upon request.
§ Ratio of prices received to prices paid (parity index).
9 Includes data for items not
shown separately.
*Ne w series. Beginning with indexes for Jan. 1966, seasonally adjusted
indexes for selected groups and subgroups of the CPI were published by the Dept. of Labor.
Additional information and a description of the BLS Seasonal Factor Method are available
from the Bureau of Labor Statistics, U.S. Dept. of Labor, Washington. D.C. 20212.

SURVEY OF CURRENT BUSINESS

S-8
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966 v

May 1967

1966

Annual

Mar.

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.?

COMMODITY PRICES—Continued
WHOLESALE PRICESd* t
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities
1957-59 = 100 1 i 104. 7
9 Foodstuffs
do
191.9
13 Raw industrials
_do
1114.6
All commodities J_
By stage of processing:
Crude materials for further processing
Intermediate materials, supplies, etc
Finished goods O
By durability of product:
Durable goods
Nondurable goods
Total manufactures
Durable manufactures
Nondurable manufactures

1

109. 5
i 101.9
i 115.2

113.6
100.7
123.5

112.5
100.8
121.5

110.7
100.4
118.3

111.4
102.0
118.4

113.1
105.3
118.8

110.6
109.1
111.7

107.3
105.1
108.9

103.7
100.1
106.3

102.6
98.1
105.9

102.8
98.6
105.8

102.9
97.5
106.8

102.0
97.5
105.2

100.0
96.3
102.5

98.1
95.3
100.1

106.2

106.0

' 105. 7

105.3

101. 9 '•100. 8
105.5
105.6
107.6
107.7

99.7
105.5
107.2
107.6
104.2
106.3
107.7
104.8

do

102.5

105.9

105.4

105.5

105.6

105.7

106.4

106.8

106.8

106.2

105.9

105. 9

do
do
do

98.9
102.2
103.6

105.3
104.8
106.9

106.9
103.9
106.4

106.3
104.3
106.3

105.7
104.8
106.2

105.6
104.9
106.4

107.8
105.4
107.0

107.4
105.8
107. 5

106.1
105.6
108.1

103.6
105.3
107.8

101.1
105.3
107.8

100.8
105.4
107.6

do
do
do
do
do

103.7
101.5
102.8
103.7
101.9

106.0
105.6
105.7
106.0
105.3

105.3
105.3
105.0
105.1
104.7

105.7
105.1
105.1
105.6
104.6

106.1
105.0
105.5
106.1
104.8

106.2
105.2
105.6
106.1
105.1

106.2
106.4
106.0
106.1
105.8

106.2
107.0
106.4
106.3
106.5

106.2
107.1
106.4
106.3
106.5

106.6
105.8
106.3
106.7
105.8

106.9
105.1
108.2
107.0
105.3

107.1
104.9
106.2
107.2
105.2

107.4
105.2
106.4
107.5
105.3

107.6
104.7
106.4
107.7
105.1

r

do

102.1

108.9

109.4

108.7

107.9

107.7

109.9

111.3

111.5

108.8

107.1

106.7

107.0

105.7

104.6

Farm products 9--- do
Fruits and vegetables, fresh and dried-do
Grains
do
Live poultry*
do
Livestock*
do

98.4
101.8
89.6
87.2
100.5

105.6
102.5
97.3
91.4
110.0

106.8
101.7
90.8
100.9
115.9

106.4
111.0
91.2
95.1
114.7

104.5
103.3
93.6
101.3
111.5

104.2
99.7
94.9
95.6
110.1

107.8
107.0
103.1
94.2
108.7

108.1
97.7
105.6
89.8
112.0

108.7
110.4
104.6
97.5
109.2

104.4
97.9
98.9
83.1
106.5

102.5
104.2
98.0
85.1
98.4

101.8
101. 3
101.5
77.2
97.9

102.6
101.8
100.7
88.1
101.4

101.0
104.5
95.8
97.1
99.5

'99.6
98.4
99.9
90.8
97.4

97.6

Foods and feeds, processed 9*. _ _
..do
Beverages and beverage materials*
do
Cereal and bakery products
do
Dairy products..
. _ _ _ _ -__do
Fruits and vegetables, processed©
do
Meats poultry and
fish
do

106.7
105.7
109.0
108.5
102.1
101.0

113.0
105.8
115.4
118. 5
104.8
110.2

112.2
105. 7
112.2
115.0
104.8
113.3

111.5
105.7
112.6
114.8
104.8
110.9

111.8
105.7
113.0
114.9
105.4
110.9

112.0
106.1
114.0
116.5
104.9
109.9

113.8
106.3
115.5
119.8
104.5
110.0

115.7
106.4
118.9
124.0
102.3
111.1

115.5
105.6
118.9
124.2
103.7
112.2

113.9
105.6
118.7
124.5
105.7
108.1

112.6
105.6
118.7
122.6
105.9
104.2

112.8
105.8
118.0
122, 3
105.8
104.4

112.8
105.8
117.6
121.8
105.9
105.4

111.7 '110.6
105.9
105.6
117.3
117.5
121.2
120.7
104.3
104.2
104.7
101.7

110.1

do

102.5

104.7

104.0

104.3

104.7

104.9

105.2

105.2

105.2

105.3

105.5

105.5

105.8

106.0 '106.0

106.0

do
do
do
do
do
do

97.4
101.8
95.0
94.4
112.7
105.4

97.8
102.8
95.7
94.5
102.8
106.8

97.6
102.8
95.2
94.4
106.4
105.9

97.6
103.3
95.6
94.1
104.0
106.2

97.7
103.6
96.0
94.1
102.5
106.2

97.6
102.9
95.8
94.3
101.6
106.8

97.9
102.6
95.9
94.5
1C5.3
106.8

97.9
101.9
95.8
94.7
105.5
106.8

98.0
102.2
95.8
94.8
103.8
106.8

97.9
102.8
95.9
95.0
94.5
107.3

98.0
103.3
96.0
95.0
91.6
107.8

98.2
103.1
96.4
94.7
95.1
108. 5

98.4
104.2
96.6
94.7
92.3
108.7

98.5
105.4
96.9
94.2
89.1
108.7

Fuels and related prod., and power 9
do
Coal
do
Electric power
Jan. 1958=100-Gas fuels
do
Petroleum products, refined
1957-59=100--

98.9
96.5
100.8
124.1
95.9

101.3
98.6
100.3
' 129. 3
99.5

99.9
97.5
100.4
128.2
97.2

100.0
94.9
100.3
129.2
97.7

100.4
96.9
100.2
128.3
98.4

101.5
97.2
100.2
128.5
100.2

101.4
97 6
100.3
128.3
99.9

102.0
98.5
100.3
128.9
100.7

102.2
99.6
100.3
129.2
101.0

102.6
100.6
100.2
130.7
101.3

102.7 r 102. 4 ' 102. 6 ' 103. 4
102.3
102.3
101.9
102.4
100.6
100.6
100.3
100.8
130.6 ' 132. 0 ' 134. 6 ' 134. 5
101.9
100.3
101.3
100.2

Furniture and household durables 9
Appliances, household
Furniture, household
Home electronic equipment*A

do
do
do
do

98.0
89.2
106.2
85.2

99.1
89.1
109.1
83.6

98.4
89.1
107.2
83.5

98.6
89.3
108.3
83.5

98.9
89.4
108.9
83.5

98.9
89.4
108.9
83.5

99.0
89.1
109.1
83.5

99.1
88.8
109.4
83.1

99.2
88.7
109.8
83.3

99.7
88.9
110.3
83.8

100.3
89.2
111.5
83.8.

100.4
89.2
111.8
83.8

100.4
89.6
111.9
83.6

100.4
89.7
112.0
83.5

100.6
89.8
112.4
83.3

Hides skins and leather products 9
Footwear. .
Hides and skins
Leather
Lumber and wood products
Lumber

do
do
do
do
do
do

109.2
110.7
111.2
108.1
101.1
101.9

119.7
118.2
140.8
121.1
105.6
108.5

118.7
115.4
147.8
123.3
105.6
107.2

120.6
118.2
148.8
122.4
108.4
110.8

122.8
118.9
163.0
125.1
109.6
113.2

122.9
118.9
161.0
126.6
107.7
112.0

122.7
119.0
156.4
126.0
106.6
110.5

121.2
119.1
141.2
124.9
106.2
110.2

119.9
119.1
134.2
121.8
105.9
109.5

118.7
120.1
120.8
117.5
104.8
108.0

117.5
120.1
114.3
114.1
103.0
105.6

117.3
120.3
109.2
116.2
102.5
104.5

117.9
120.9
110.1
116.9
102.6
104.5

118.0
121.6
107.8
116.3
103.6
105.4

117.0
121. 7
99.6
114.6
103.6
106.0

Machinery and equipment 9 *
do
Agricultural machinery and equip
do
Construction machinery and equip
do
Electrical machinery and equip
do
Metalworking machinery and equip. *._do

105.0
115.1
115.3
96.8
113.6

108.2
118. 5
118.9
99.0
118.8

106.9
118.0
117.9
98.2
116.7

107.2
118.1
118.5
98.4
116.8

107.8
118.2
118.9
98.9
118.0

108.1
118.4
118.9
98.8
119.0

108.3
118.5
118.9
99 0
119.0

108.5
118.3
118.9
99.1
119.5

108.9
118.2
119.4
99.2
120.5

109.4
118.5
119.8
99.5
121.1

110.2
120.4
120.6
100.7
121.5

110.7
120. 8
121.0
101.5
121.8

111.1
121.5
121.3
101.9
121.9

111.2
121.7
121.4
101.8
122.2

111.5
121. 9
121.5
102.2
122.6

Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals

do
do
do
do

105.7
91.7
101.4
115.2

108.3
92.5
102.3
120.9

108.0
91.8
102.3
120.8

108.2
92.1
102.0
122.1

108.4
92.1
101.8
122.5

108.7
92.5
102.0
123.2

108.8
92.9
102.2
122.9

108.5
92.5
102.7
120.4

108.4
92.9
102.5
119.9

108.6
93.3
102.5
120.3

109.0
93.4
102.8
121.0

109.0
93.4
102.9
120. 5

109.4
92.6
103.0
121.8

109.6
92.3
103.2
122.3

109.4
92.2
103.3
121.1

Nonmetallic mineral products 9
do
Clay prod., structural, excl. refractories*
do
Concrete products
do
Gypsum products
do
Pulp, paper, and allied products
do
Paper
do
Rubber and products
do
Tires and tubes
do

101.7

102.6

102.1

102.3

102.4

102.5

102.7

102.7

103.0

103.2

103.3

103 .3

103.6

103.7

103.8

106.6
101.5
104.0
99.9
104.1
92.9
90.0

108.4
103.0
102.4
102.6
107.3
94.8
93.3

108.0
102.2
101.4
101.8
105.4
94.3
91.1

108.1
102.7
101.4
102.3
106.0
95.4
94.4

108.1
102.7
102.2
102.7
107.1
95.4
94.4

108.4
103.0
102.7
103.0
108.0
95.4
94.4

108.5
103.1
102.7
103.2
108.2
95.1
93.9

108.7
103.3
102.7
103.2
108.4
95.1
93.9

108.7
103.6
102.7
103.1
108.4
94.7
93.4

108.8
103.5
102.7
103.1
108.4
94.6
93.4

109.3
103.5
103.5
103.0
108.5
95.0
93.9

109.1
103.9
103.5
103. 0
108.5
95.0
93.9

1C9.3
103.9
103.5
103.1
108.5
95.6
94.9

109.3
104.4
103.5
103.3
108.5
95.8
94.9

109 3
104.5
102.3
103.6
108.5
95.9
94.9

Textile products and apparel 9
do
Apparel
do
Cotton products
._ . _.do
Manmade fiber textile products
do. _ Silk yarns
do
Wool products
do

101.8
103.7
100.2
95.0
134.3
104.3

102.1
105.0
102.5
89.5
153.6
106.0

102.1
104.7
101. 8
90.8
151.4
106.0

102.2
104/7
102.3
90.5
151.6
106.3

102.2
104.9
102.6
89.9
140.9
106.4

102.2
104.8
102.8
90.0
143.8
106.5

102.4
105.0
103.0
90 1
152.1
106.7

102. 4
105.2
103.3
89.6
156.7
106.6

102.2
105.1
103.1
88.6
158.6
106.1

102.2
105. 3
103.3
88.1
161.1
105.6

102.1
105.5
103.0
87.7
161. 1
105.1

101.8
105. 4
102.7
86.9
163. 2
104.8

102.0
105.7
102.5
87.1
166.1
104.7

102.0
105.9
101.8
87.1
164.1
104.7

101.8
106.0
101.3
86.9
164. 1
104.0

Transportation equipment 9 *
Motor vehicles and equipment
Miscellaneous products 9 *
Toys, sporting goods, etc
Tobacco products*

100.7
104.8
102.7
106.2

100.8
106.8
104. 1
109.6

100.3
106.5
103.3
109.8

100.2
106.7
103.7
110.2

100.9
106.8
103.7
110.3

100.7
106.9
103.7
110.3

100.7
107.1
104.5
110.3

100.5
107.1
104.9
110.3

100.1
107.1
104.8
110.3

101.7
107.2
105.0
110.3

101.7
107.4
104.8
110.2

101.7
107.5
104.8
110.3

161. 6
107.9
105.2
110.3

ioi.e

101.6
107.7
104.0
110.3

1957-59=$!. 00. . $0. 976
do
.910

$0. 945
.884

$0. 949
.893

$0. 948
.889

$0. 947
.888

$0. 946
.886

$0. 940
.883

$0. 936
.879

$0. 936
.876

$0. 942
.873

$0. 944
.873

$0. 944
.872

$0. 942
.872

Farm prod., processed foods and feeds 1[

Industrial commodities §
Chemicals and allied products 9
Agric chemicals and chem prod *
Chemicals, industrial
Drugs and Pharmaceuticals
Fats and oils inedible
Prepared paint

do
do
do
do
do

108.0
105.3
110.3

98.5
105.9
97.0
94.4
81.5
108.8
103.7
102.2
100.6
134.
6
109 4

PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
Consumer prices

1
' Revised.
v Preliminary.
Computed by OBE.
cf For actual wholesale prices
of individual commodities, see respective commodities.
^Beginning Jan. 1967, indexes
incorporate revised weighting structure reflecting 1963 values of shipments; details regarding
weight revision as well as changes in classification structure are available from the Bureau
of Labor Statistics, U.S. Dept. of Labor, Wash., D.C. 20212.
©Goods to users, incl. raw




$0. 943 '$0.946
.870
.871

$0. 950

foods and fuels.
^Formerly "farm prod, and processed foods."
9Includes items not
shown separately.
*New series; data prior to Feb. 1966 (where available) may be obtained
from BLS.
©Formerly "canned and frozen fruits and vegetables." §Formerly
"cornmod. other than farm prod, and foods."
AFormerly "television, radio receivers,
and phonographs."

SUKVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

1966

Annual

S-9

Mar.

Apr.

May

June

July

1967

Sept.

Aug.

Dec.

Nov.

Oct.

Jan.

Feb.

Mar.

Apr.

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE f
r

r

r

r

r

f

71, 930 ' 74, 369 5,544

6,228

6,579

7,044

6,955

6,915

Private, total 9
..do
Residential (nonfarm)
do
New housing units
__ __do
Nonresidential buildings, except farm and public utilities, total 9 . . .
mil. $
Industrial
___do
Commercial
do
Farm construction
do _
Public utilities
do

49, 999
26 689
20 765

50, 623
24, 633
18, 773

3,861
1 873
1 443

4,308
2 191
1 620

4,497
2 367
1,734

4,789
2,534
1,848

4,652
2 412
1 846

4,647
2 266
1,754

4,547
2 135
1,650

4,302
1 968
1,507

4,140
1 795
1 356

3,840 '3 307 r' 3, 061 3 389
1 622
1r 244
1 379
1 504
1 217
947
1 033
1 085

16 521
5,086
6 704
1 195
5,178

18, 734
6,779
6 887
1 208
5,564

1 452

1 546

1 533

1 621

1 612

1 722

1 759

1 670

1 672

1 579 r ir 404
575
492

Public, total 9

21,931

23 746

1 683

New construction (unadjusted), total

mil. $.

do

Buildings (excluding military)
Residential.
Military facilities
Highways and streets

do
do
do
do _ _ .

7,716

464
883
7,547

T

r

8,r 779
575

r

8, 274

770

New construction (seasonally adjusted at annual
rates), total
bil. $__
Private, total 9

do

Residential (nonfarm)
do
Nonresidential buildings, except farm and public utilities, total 9
bil. $_.
Industrial
___do__.
Commercial
do _ _
Farm construction
do
Public utilities
. do

565
550
91
431

557
537
96
458

1 990

2 082

612
573
102
495

2 255

616
585
111
481

631
639
115
509

2 303

2 268

659
38
69
511

712
49
66
657

745
44
56
769

802
48
74
867

779
50
64
962

765
52
70
926

79 5

78 6

76 1

74 8

72 5

79 9

9

621
653
110
509

6, 586

r

2 300
r

789
T

r

587
635
107
523

r

2 284
r

5g

75
874

6, 204

609
624
102
535

803

r 1 792

754

r

702

r

486

65

r

833

65
694

T 71 o

r 71 4

r 71 3

54 3

59 3

5 1

50 1

49 7

49 7

46 8

46 8

46 9

yO Q

72 9

r 49 o

48 2

21 2

21 8

20 3
71
7 9

19 0
6 6
7 3

24 4

24.7

4 424

9f} 9

95 i

23 9

93 i

29 o

20 8

20 5

20 7

18 2
6 9
6 1
12
5 3

18
7
6
1
5

7
5
3
2
6

17 9
7 2
6 3
12
5 5

18 5
7 2
6 5
1 2
56

19
6
7
1
5

3
9
1
2
7

17 6
6 2
6 96
1
5 6

18
6
7
1
5

5
4
1
2
8

18 9

r 20 3

62

r

7 5
12
59

r g 1

do__._

94 4

94 9

23 9

29 7

29 4

29 5

T 24 0

T 94 3

r 94 g

T 24 4

r 24 7

do
do
do_.._
do

8 7

8 5

8 5

8 3

8

9

r 9 0

r 9 2
Q

r 9 4

r 9 2

6

7

5
g

8 3

6

6
7

6

1 718

T 73 4

27 0

6

1 360

48 3

19 6
7 2
7 1
12
55

9

T

479
506

r 72 9

27 4

6

1 341

482
490

T

27 3

5

1 327

599

r i 550

5 107

60

55 1

r

T

4, 421

r 51

r 56

r 62

r

4, 857

600
99
507

r 2 064
r

5, 562

•>0 5
7 1
7 7
1°
5 4

Public, total 9
Buildings (excluding military)
Residential
_
Military facilities
Highways and streets

511
530
92
395

6, 847

g

67

r

g

g

7

81

8 2

r g 1

r g 0

r g 1

4 797

4 393

4 103

4 106

3 4 R1

3 189

9 g3g

3 300

147

147

139

146

139

130

133

126

143

149

1 902
3 230

1 937
2 916

2 090
9 77g

1 568
2 754

1 379
2 794

1 607
2 499

1 357
2 104

1 287
1 903

1 113
1 795

1 188
2 112

1 509
2 916

1 883
2 081
1 134

1 826
1 970
1 335

1 885
1 828
1 140

1 813
1 484
1 499

1 799
1 515
1 079

1 676
1 980
1 146

1 796
1 225
1 086

1 494
1 076
' 961

1 358

1 175

1 430
1 056

814

1 714
1584
1 127

3 686

3 578

4 909

9 369

3 807

5 937

4 533

4 940

5 401

5 029

' 65. 9 -96.5
r 39 9
68 3
r
r 95 o
64 1

116.5

r

r 94 2
66 1
'92. 7

114 8

1 161
1 134

1 171
1 154

r 99g

1 003

10
86

88

88

8 3

8 2

i 50 150

4 737

5 098

5 132

4 854

143

U45

158

161

156

i 16, 209
i 33, 064

18 159
SI '998

1 463
3 974

1 574
3 524

i 17,219
i 21, 248
i 10, 805

19 393
17 897
I9 930

1 726
2 004
l' 007
4 608

7

CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Co.):
Valuation, total
mil. $
Index (mo. data seas, adj.)

1957-59=100__

Public ownership
mil. $
Private ownership
. _
do
By type of building:
Nonresidential
do- _ .
Residential
_, _
do
Non-building construction
do
New construction planning:
(Engineering News-Record): §
do
Concrete pavement awards:
Total
thous. sq. yds_.
Airports
.do
Roads
.. . _ do
Streets and alleys.
do
Miscellaneous
.__ __ . do

i 49, 272
2

903
928

937
796

45 695

5° II 9

125, 580
4,410
86, 779
29, 016
5,376

119, 108
4 187
87 834
23, 643
3 443

thous. . 1, 542. 7
do
963 5
do
1 505 0

1,251.9
794 7
1 "0 2

130.9
80 9
196 3

149.2
95 4
147 1

139.3
88 1
135 4

130.7
83 8
197 5

104.8
71 4
104 0

107.3
71 2
105 4

95.2
62 6
99 4

82.8
55 2
en 9

77.6
50 9

65.7
40 3
63 6

67.7
r 40 7
65 1

do
do
do

1 "8 6
850 7
1,196.9

128 7
91 4
124.1

146 9
106 8
144.8

136 1
91 7
132.2

198 3
87 5
125. 1

103 1
69 6
102'. 3

105 2
71 8
103'. 3

93 0
63 9
90.2

80 6
53 7
78.1

76 9
50 6
73.9

64 4
46 8
62.3

66 3

1 569
1 538

1,502
1 481

1,318
1 287

1 285
1 261

1 088
1 068

1 107
1 084

1 075
1 050

848

1 012

1 089
1 066

1 297
1 266

1 185
660

1 098
596

954

991

844

733

759

949

121

122

863
997
9549
85
853

877
950
969
887
863

881
959
971
888
ceo

883
953
980
890
864

884
969
980
890
864

885
970
979
886
878

127

128

128

128

128

129

4

513
21 298
3 161

711

3 359

3

59,306
3 2 255
3
42 723
312 455
3 1 g73

34, 119
1 419
93 gi4
8 027

25 684

6 940

\*\A

859

HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total, incl. farm (private and public)
One-family structures
Privately owned
Total nonfarm (private and public) .
In metropolitan areas
Privately owned
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only)

1 520 4
1 067 5
1, 482. 7

do
do

New private housing units authorized by bldg. permits (12,000 permit-issuing places) :
Seasonally adjusted at annual rates:
Total
_
thous
One-family structures
do

1,241
710

966
566

1 268
743

116

191

118

119

120

845
917
949
841
830

854
996
954
852
836

858
927
954
852
853

574

543

491

826

714

ye o

993

715

450

434

441

122

122

123

477

64 7
r 46 9
* 62. 9

r 47 g

63.7

549

r
T

1 163
1 147

894

551

T
T

* 558

114 3

112. 6

589

CONSTRUCTION COST INDEXES
Dept. of Commerce composite
American Appraisal Co., The:
Average, 30 cities
. .
Atlanta
New York
.
San Francisco
St. Louis

1957-59-100
1913-100
do
do
do
do

824
904
925
814
808

867
941
963
8679
85

Associated General Contractors (building only)
123
126
1957-59 = 100-.
124
125
127
r
Revised.
i Annual total includes revisions not distributed to months.
? Computed
from cumulative valuation total.
3 ^ a t a COV er 6 months
T Revised series. Monthly data for 1962-64 appear on p. 40 of the May 1966 SURVEY.




129

r

193

123

123

887
970
979
884
879

889
970
999
890
883

891
970
997
890
883

891
970
997
890
883

891
972
997
890
882

129

129

129

129

129

!23

9 In eludes data not shown separately.
§Oata for Mar.. June. Sept., and Dec. 1966 and Mar. 1967 are for 5 weeks; other months,
[ weeks.

SURVEY OF CURRENT BUSINESS

S-10
1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

Annual

May 1967

1966
Apr.

Mar.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dee.

Jan.

Feb.

Mar.

Apr.

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. H. Boeckh and Associates, Inc.: 1
Average ,20 cities:
All t vpes combined .
1957-59 = 100. .
Apartments, hotels, office buildings
do
Commercial and factory buildings
_do
Residences
-.
do Engineering News-Record:
Building
_do. .
Construction
_
_
do
Bu. of Public Roads— Highway construction:
Composite (avg for year or qtr ) 1957-59 — 100

117.2
118.5
117.2
115.2

122. 1
123.2
122.2
120.2

119.8
120.8
119.8
118.0

120.3
121.4
120.3
118.7

121.2
122.3
121. 1
119.4

121.9
123.1
121.9
120.1

122.8
124.1
122.9
120.9

123.1
124.3
123.2
121.0

123.3
124.5
123.4
121.2

124.0
125.1
124.2
121.8

124.7
125.6
125.0
122.2

125.1
125.9
125.5
122.6

125.3
126.2
125.7
122.9

125.4
126.3
125.8
123.0

125 5
126.3
125.8
123 1

118.9
127.8

123.8
134.3

122.0
131.4

123.1
132.4

123.7
133.4

124.5
135.4

124. 6
136.1

125.0
136.5

125.2
136.5

125.0
136.3

125.0
136.4

124.9
136.5

125.2
137.3

125.5
137.5

125.9 i 125. 9
137.8 i 137. 8

105.7

113.0

109.0

156.3

157 6

171.8
177.6

168.4
165.4

175.9
164.2

180.5
168.5

160.2
166.9

175. 8
160.0

165.1
158.7

156. 8
139.0

139.5
146.4

124. 5
144.9

161.1
155.3
186.2

169 0
155 0
189.8

189.9
178.4

189.0
167.8
184.7

187.5
168.8
211.3

196.4
166. 5
250. 6

175.3
142.7
226.7

185.3
166.3
258.3

171.5
158.1
233.3

162.8
150.1
234.2

152.1
135.3
174.7

138.0
129.1
125.9

143.3
132.7
110.4

132 1
137.1

188.9

153.0

102.1

99.2

17.7
160
9.1
92

16.0
168
10.1
111

12.8
133
9.4
98

13.0
127
8.8
90

10.6
124
8.5
99

11.6
119
10.4
106

13.0
151
8.9
104

9.9
122
9.1
119

8.7
135
7.0
103

12.5
203
6.6
104

10.1
157
7.1
107

10.7
135
7.7
104

16.6
152
10.3
103

14.8
162
11.0
125

607. 09
163. 04

515.71
131. 82

497. 79
166.66

557. 09
205.32

504.84
219. 04

546. 13
287. 43

515.89
257. 14

415.68
270. 88

368.53
247. 50

327. 27
225. 63

379. 30
213.88

301.12
168.52

388.16
195. 36

358.98
184. 12

5,687

6,516

6,704

6,783

7,342

7,226

7,175

7,249

7,084

6,935

6,340

5,800

5,175

4,782

1,344

113.7

115.6

112.8

113 2

CONSTRUCTION MATERIALS
Output index:
Composite unadjusted?
Seasonally adjusted

1947-49—100
do

Iron and steel products, unadjusted
Lumber and wood products, unadj
Portland cement, unadjusted

do
do
do

REAL ESTATE
Mortgage applications for new home construction:
Applications for FHA commitments
thous. units..
Seasonally adjusted annual ratesj
do
Requests for VA appraisals
do
Seasonally adjusted annual rates!
do

Home mortgages insured or guaranteed by—
Fed Hous Adm * Face amount
mil $ 7, 464. 59 6 095 32
Vet. Adm.: Face amount!
_ ._
_do _. 2, 652. 23 2. 600. 53
Federal Home Loan Banks, outstanding advances
5,997
6,935
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
Nonfarm foreclosures
Fire losses (on bldss contents etc )

number
mil $

23,847

16 729

1,998

1,888

1,696

1,629

1,234

1,314

1,119

947

866

936

••788

'950

5,922
10, 697
7,228

3,604
7 748
5 377

454
814
730

430
798
660

390
773
533

340
823
466

266
643
325

272
722
320

241
572
306

208
473
266

184
423
259

189
423
324

'165
"365
••258

'205
M20
••325

307
568
469

116, 664

117 473

10, 179

9,765

10, 197

10, 844

9,731

9,959

9,615

9,676

9,713

9,208

133 36

123. 59

117 47

123. 99

124 71

123 84

118. 71

121 75

115.63

142 21

159. 74

155 08

149 66

152
129
163
126
97
90
200

160
130
165
132
77
113
227

151
136
157
119
80
125
206

155
128
167
124
95
114
210

150
128
168
110
116
93
201

1 455 63 1 4^6 76

DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adj.'.d1
Combined index
1957-59 =100__
Business papers
do
^Ntagazines
do
Newspapers
do
Outdoor
do
Radio (network)
do
Television (network)
do

136
'121
147
'108
92
••109
175

148
128
159
119
91
118
194

144
'123
158
118
'89
'136
'182

1,260.3
99.1
409.2
234. 8
112.0
145.4
259.8

1,411.3
106.7
429.8
274.0
131.5
161.4
308.0

354.5
24.0
'116.1
'72.4
30.3
41.1
70.6

308 8
21 3
'91 7
'62.0
31 5
32.5
69 9

301.5
21 4
93 9
59.7
34.5
35.3
'56.8

446.5
39 9
128.0
80.0
35.3
52.5
'110.8

1, 075. 5
38.9
207.4
377.7
100.4
48.7
302.4

1,189.3
54.1
219. 4
414.2
103.3
51.0
347.3

290. 2
12.9
57.0
107.8
26.3
12.7
73.6

313 7
16 1
53.6
108.1
26.8
12 2
96.8

270 6
11 4
50.7
89 9
26.9
12.6
79.1

314 8
13 7
58.1
108 4
23.2
13 5
97.8

Magazine advertising (general and natl. farm magazines) :
Cost, total
mil. $._ 1,076.9
64.8
Apparel and accessories
do
111.7
Automotive, incl accessories
do
30.4
Building materials.
do ..
115.9
Drugs and toiletries
do
133.9
Foods soft drinks confectionery
do

1, 166. 7
68.1
123.5
34.5
134.4
125.4

101.9
6.8
11.5
3.4
10.8
12.2

112.4
9.2
12.5
4.7
11.1
10.9

110.4
6.7
11.8
3.9
12.0
10.6

5.2
69.3
Beer, wine, liquors
do
79.2
7.6
71.5
Household equip., supplies, furnishings.. do
80.1
4.0
50.5
Industrial materials
do...
53.3
1.4
21.7
Soaps, cleansers, etc _ .. _ _.
_
do
17.6
41.6
2.5
Smoking materials
do
39.6
36.4
All other
_
do
365.6
411.0
'Revised.
1 Index as of May 1, 1967: Building, 127.2; construction, 139.9.
ICopyrighted data; see last paragraph of headnote, p. S-l.
9 Includes data for items not shown separately.

6.0
8.9
4.2
1.7
3.0
40.2

7.0
10.0
4.8
1.6
3.5
38.5

Television advertising:
Network (major national networks) :
Net time costs total

mU $

Drugs and toiletries
do
Foods, soft drinks, confectionery
do
Soap55 cleansers etc
do
Smoking materials
do
All other
do
Spot (natl. and regional, cooperating stations):
Gross time costs total
mil $
Drugs and toiletries
Foods soft drinks confectionery
Soaps cleansers etc
Smoking materials
All other




do
do
do
do
do

140
'128
151
109
'83
'131
'180

144
'132
150
120
'99
'124
'181

148
'126
'162
120
'84
' 118
'195

144
125
155
114
84
109
193

.

403.3
29.6
122.8
87.0
37.7
48.3
77.9

89.9
4.1
10.1
2.0
11.6
10.4

106.4
6.8
10.9
3.8
11.5
11.0

8.4
14.1
5.1
11.0
3.0
6.3
5.1
3.6
6.3
11.1
8.5
3.5
2.8
5.0
7.9
7.5
4.0
3.1
5.9
4.0
4.1
5.6
4.5
4.6
5.1
4.5
4.0
1.7
1.7
2.5
1.4
.9
1.1
.9
1.2
1.8
3.9
3.4
4.5
4.5
2.5
3.4
3.6
3.1
2.8
41.3
33.9
43.9
29.7
31.9
22.9
37.8
34.7
25.0
tRevised seasonally adjusted data for 1958-64 will be shown later.
§Data include guaranteed direct loans sold.
cf Revisions for Jan. 1964-Feb. 1966 will be shown later.

6.8
6.5
5.5
2.3
3.1
38.2

93.0
2.5
9.2
3.4
12.7
10.8

71.8
1.0
6.9
2.1
9.3
9.8

67.4
7.0
5.0
1.8
8.8
7.3

108.1
11.7
8.9
3.6
11.2
10.2

125.9
7.6
16.3
3.7
13.9
12. 1

126.1
6.0
13.5
2.7
15.2
12.8

101.5
4.0
7.8
1.4
13.8
10.3

68.4
1.7
7.0
1.4
8.0
7.1

SURVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

S-ll

1966

| 1966

Mar.

Annual

Apr.

May

June

July

1967

Aug.

Sept. 1 Oct.
i

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities) :
Total
mil. lines. _ 3, 164. 6
865.6
Classified
-__do_ _
2,298.9
Display, total
.
...do
170.4
Automotive
do
63.4
Financial
do
288.5
General
do
Retail
-do. ._ 1,776.7

3,354.3
924.3
2,430.0
182.9
73.2
310.3
1, 863. 6

282.3
79.4
202.9
16.2
5.9
26.0
154.8

282.4
81.6
200.8
16.0
6.6
27.2
151.0

308.9
87.0
221.8
18.7
5.5
31.5
166.2

289.1
80.9
208.3
18.4
6.7
27.8
155.4

254.9
80.3
174.6
14.6
7.4
18.9
133.7

273.0
81.6
191.4
14.8
4.6
20.1
151.9

288.8
77.3
211.5
18.2
5.5
30.6
157.2

308.7
81.4
227.2
16.7
7.1
31.5
171.9

305.4
70.4
235.0
14.2
5.8
32 6
182.4

289.7
61.1
228.6
9.2
5.7
23.1
190.6

mil. $.. 283,852

303, 672

24, 712

25, 477

24,763

25,950

25, 329

25, 348

24,864

25,923

26, 158

31,804

22, 567 '21, 648 '25, 713 124,924

93, 718
56,266
53,217
3,049

97 812
57, 414
53,875
3,539

8,606
5,430
5,189
261

8,372
5,138
4,848
290

8 069
4,787
4,499

8 162
4,755
4,424

331

8,234
4, 677
4,365
312

7,659
4,095
3,799
296

8 625
5,096
4,789

288

8,776
5,233
4,904
329

8 410
4 899
4,587
312

8 916
4 638
4,236
402

7 018 r g 801 ' 8 258 1 Q 9QC
4 197 r 4 010 ' 5 003 1 A one
3V963 ' 3, 787
4,724
234
'223
279

Furniture and appliance group 9
do....
Furniture, homefurnishings stores — do
Household appliance, TV, radio
do

13,737
8,538
4,223

14,978
9,089
4,905

1,150
714

1,097
699

1,129
714

1,229
765

1,239
751

1,315
816

1,311
777

1,332
815

1,391
836
453

1,712
943
622

1,136
676
380

Lumber, building, hardware group..— .do
Lumber, bldg. materials dealersd"
do
Hardware stores
do

12, 115
9,302
2,813

12, 307
9,340
2,967

980
762
218

1,038

1,083

1,159

824
259

900
259

1,077

827
250

1,012
759
253

1,014
645
369

777
574
203

190, 134
Nondurable goods stores 9
do
Apparel group
do ... 15, 752
Men's and boys' wear stores
...do
3,258
6, 243
Women's apparel, accessory stores. ..do
Family and other apparel stores
do
3,680
2,571
Shoe stores
..do

205,860
17 276
3*, 537
6,913
4,015
2 gll

16,106
1,277
225
544
275
233

17, 105
1,456

16, 694
1,341

241.1
71.1
170.0
11.6
7.9
20 5
129.9

233.6
66 4
167.2
12 3
4.7
22 7
127 5

278 3
74 1
204 3
14 3
5g
25 5
158 9

RETAIL TRADE
All retail stores: t
Estimated sales (unadj.), total t
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers

do
do do
do

368

336

794
244

268
604
305
279

348

392

423

1,116

870
246

418

1, 155

911
244

442

1,082

835
247

307

426

17, 174
1,373

299
532
307
235

17, 167
1,253

17, 114
1,375

262
563
285
231

280
524
349
°22

17,205
1,469
285
571
358
255

17,298
1 478
297
596
362
223

17, 748
1 553
325
614
383
231

22,888
2 540
586
979
638
337

261
492
296
204

' 1, 101 ' 1, 191
••654
713
r
375
401

'741
'557
T 184

1

1, 142

909
686
223

15, 549 '14,847 '17,455 116,636
1 224 r i 042 r ] 5Jg i 1 333
272
'213
279
480
422
596
273
'239
357
199
168
284

do
do
do ..
do
do - .

9,335
21, 423
66,822
60,970
21, 765

10, 148
23,431
71 125
65 105
23 012

798
1,809
5,808
5,297
1,827

824
'1,901
6,075
5,559
1,898

819
1,965
5,747
5 240
1,947

829
2,071
5,979
5 464
2 002

828
2. 219
6, 262
5 750
2 056

823
2,177
5,881
5 377
2,024

821
2,034
6,039
5 544
1 923

841
2,006
5 922
5 430
1 959

840
1,884
5 755
5 279
1 922

1,195
2,039
6 679
6 134
1*972

837
818
1842
'896
1,845 ' 1, 726 '1,931 U,933
5 548 r 5 407 ' 6 081 i 5 756
5' 092 ' 4 961 c Ron 1 f» 9QO,
1 827 r i 722 ' 1 8721 1 83 fi

General merchandise group 9
do
Department stores
_ do ..
Mail order houses (dept. store mdse.) _do
Variety stores
_do
Liquor stores
. . . . . . . . do

35,840
23, 421
2,581
5,320
6,305

39,811
26 094
2! 691
5 727
6 758

2,887
1,892
218
393
496

3,080
2,007
198
460
541

3,034
2,003
202
429
530

3,208
2,141

2, 965
1 924

192
454
543

179
436
558

3,259
2,110
229
465
539

3,274
2 158
218
462
551

3,375
2 221
'232
467
551

3,958
2 575
341
524
587

6,111
4 025
350
989
896

2,511 '2,400 '3,227 i 3, 12 »
1 658 r i 534 ' 2 093 1 2 fi7fi
'l56
172
221
330
' 347
471
557
514
' 500
25 687 '25 470 '25 771 125 667

Drug and proprietary stores.
Eating and drinking places
Food group
Grocery stores
Gasoline service stations

do ..

25,536

24, 949

24, 475

25 394

25 362

25, 572

25 703

25 550

25 610

25 368

Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers.

do
do
. do ._
do

8,649
5,121
4,822
299

7,939
4,580
4,302
278

7 506
4,288
4,017

8 056
4*771
4 479

8 106
4,764
4 460

8 358
4,959
4 658

8 394
5 034
4 725

309

8 276
4 921
4 618
'303

8 143
4 761
4 445
316

8 156
4 745
4 445
300

8 200 - fj QKK
4 604 r 4 394
4 298 r 4 08^
r 309
306

Furniture and appliance group 9
Furniture, homefurnishings stores
Household appliance, TV, radio

_do
do
do .-

1,249

1,202

1,183

1 208

1,258

1 293

746
397

771
429

1,285

1 266

766
402

1 283
775
416

1 270
'741
425

1 312
792
429

r 1 3Q8
r 780
r 44Q

1 277
753
441

Lumber, building, hardware group
do
Lumber, bldg. materials dealerscf- - do. ...
Hardware stores
do

1,150

1,007

1 062
803

r 1 058

1 054
796

Nondurable goods stores 9
do
Apparel group
do
Men's and boys' wear stores
do._ Women's apparel, accessory stores. ..do
Family and other apparel stores
do
Shoe stores
.
do ..

16,887
1,377
277
569
299
232

Estimated sales (seas, adj.), total t

-

765
405

895
255

741
379

271

734
372

292

304

301

782
423

111
440

797
237

990
752
238

1 d06

769
237

764
243

769
245

975
732
243

971
724
247

986
737
249

997
747
950

17, 010
1 389

16, 969
1 406

17 338
1 460

17 256
1 464

17 214
1 499

17 309
1 472

17 274
1 *466

17 467
1 463
303
573
345
242

17 212
1 38fi
282
536
335
233

876
1 979
5 921
5 437
1 93Q

892
2 019
5 861
5 376
1 915

3 476
2 273
238
503
570

3 311
2 162
216
475
564

1,034

279
579
308
223

283
578
313
232

295
583
341
241

301
584
351
228

1,014

327
582
359
°31

313
579
349
231

294
589
351
232

do
.... do
do
do _.
do

843

831

1,935
5,917
5,391
1,907

1,924
5,981
5,467
1,927

1,910
5,931
5,431
1,920

844

837

1 996
5 924
5 436
1 918

860

1 967
5 975
5 472
1 9?7

1 975
5* 920
5 426
j 906

859

1 975
5 947
5 446
1 931

1 974
5 949
5 452
1 926

General merchandise group 9
do
Department stores
_
do
Mail order houses (dept. store mdse.) .do
Variety stores
do
Liquor stores.
__do _.

3,225
2,119
220
459
559

3,194
2,099

3,213
2,113

3 355
2 214

3 332
9 182

3 341
2 189

3 354
2 195

919
487
572

3,365
* 201
234
481
549

Drug and proprietary stores
Eating and drinking places. .
Food group
Grocery stores
Gasoline service stations

Estimated inventories, end of year or month: f
Book value (unadjusted), total t
mil. $..
Durable goods stores 9
do....
Automotive group
.
do -_
Furniture and appliance group
do__._
Lumber, building, hardware group. .do....

816

224
453
564

216
467
560

848

219
480
551

222
486
567

229
484
CC1

9 en

' 801

r 957

. 0 -JiTrt

9 en

312

9 CQ

576
' 357

«J4fi

999

877
2 03Q
5' 911

r 9 ft9fi
- R O49

9 ft^7

1 931

T 1 QfiR

1

892

5' 41 7
QQ4

3 419 ' 3 361 3 358
n n-i 7
2 244 r 9 1Q1
223
220
230
AKf)
486
' 472
CQ1

f

PQC

CQ1

33,435
14, 737
7,070
2,390
2,386

35, 846
16, 144
7,938
2,512
2,401

35,840
16, 226
7,988
2,452
2,545

36, 280
16,449
8,082
2,564
2,561

36, 561
16,940
8,414
2,622
2,592

36, 467
16, 967
8 420
2,623
2,567

36, 155
16, 690
8 074
2,635
2,499

35, 280
15,295
6 669
2,636
2,492

35,628
15,015
6 422
2,698
2,455

37, 193
15, 760
7 flQK
2,759
2,489

38, 171
16,384
7 615
2,775
2,492

35,846
16, 144
7 938
2,512
2,401

35, 856 '36, 349
16, 574 16,681

2,518
2,410

2 548
2,471

18, 698
3,811
4,066
5,882
3,519

19, 702
4 102
4,201
6,425
3,919

19,614
4,086
4,025
6,490
3,847

19,831
4,098
4,071
6,605
3,949

19,621
4,056
4,047
6,505
3,897

19, 500
3 953
4 095
6 456
3 855

19, 465
3 984
4 090
6 472
3 887

19, 985
4 245
4 114
6 680
4 019

20, 613
4 449
4 202
7 027
4 271

21, 433
t

21, 787
4 649
4 2^8
7 671
4' 760

19, 702

19,282 '19,668

20,253
4 one
4 ion

36, 961 35, 101 35, 346 35, 927
16, 536 15, 551 15, 690 16, 213
7,308
7,394
7,755
8,108
2,469
2, 529
2,574
2,606
2,490
2,489
2,483
2,517
' Revised.
i Advance estimate.
t Re vised series. Data reflect use of new sample
(effective with data for Oct. 1965) based on definitions and classifications of the 1963 Census
of Business; the 1965-66 retail inventories also reflect incorporation of new data from 1965
Retail Trade (Census annual) and updating of seasonal factors. Latest revised data back
to 1959 appear in the November, April, and February 1966 issues of the SURVEY (refer in

36 325
16 411
7,914
2,628
2.512

36 312 36 191
16 330 16 079
7,697
7,536
2,667. 2,636
2,484
2,494

36 355
16 241
7,719
2,656
2. 467

Nondurable goods stores 9
Apparel group.
Food group
General merchandise group
Department stores

do
do _
do
...do
do ..

Book value (seas, adj.), total f
do
Durable goods stores Q
do .
Automotive group
do
Furniture and appliance group..
do
Lumber, building, hardware group... do




34, 607
15, 194
7,244
2,449
2,467

4

V?c

4 310
7 523
4 608

4 109

4 201
6 425
3 919

117 *%O5I

563

OOQ

883

-tfiA

4 ^09

17 4&7 r 1 7 K.1 fi rl 7 RH1
1 f\t A.
r 304
317
317

587
360

t o

4 614

O

1CA

2,515
2,444
q 077
A 1fi4

8

9KK

A 979
19Q

4

6 309 r fi 4fifl
3 793 ' 3 891

37, 108
16 855
ft 991

fi 7fi7

4 108

36 680 36 734 36 961 36 924 '36 644 36 526
ig 496 16 581 16 536 16 491 16 315 16 142
7,949
8,171
8,108
7,515
7,867
7,672
2,666
2,648
2,574
2,561
2,598
2,612
2.522
2.525
2.483
2.530
2.447
2.418
that order to pp. 26,18, and 20, respectively); revised accounts receivable data prior to Oct.
1965 are not available. Complete details for retail sales appear in the Monthly Retail Trade
Report, Jan. 1966 and subsequent issues, available from the Bureau of the Census, Wash.
D.C. 20233. 9 Includes data not shown separately, d* Comprises lumber yards, building
materials dealers, and paint, plumbing, and electrical stores.

SURVEY OF CURRENT BUSINESS

S-12

1966

1966

1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

May 196'.

Annual

Mar.

Apr.

May

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

20,433 '20,329
4,343
4,389
4,162
4,248
6,951 ••6,832
4,240 ' 4, 162

Feb.

Mar.

Apr.

DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail storesf— Continued
Estimated inventories, end of yr. or mo. f— Con.
Book value (seas, adj.)— Continued
Nondurable goods stores 9
mil. $
Apparel group
_ _
-do __
Food group
do
General merchandise group
do
Department storesdo

19,413
4,033
4,086
6,340
3,772

20, 425
4,318
4,209
6,909
4,200

19, 550
4,050
4,001
6,516
3,870

19, 656
4,074
4,015
6,580
3,929

19,714
4,118
4,023
6,585
3,940

19,914
4,144
4,099
6,690
4,041

19,982
4,194
4,148
6,681
4,062

20, 112
4,186
4,207
6,708
4,060

20, 114
4,174
4,219
6,721
4,079

20, 184
4,186
4,230
6,753
4,074

20,153
4,230
4,150
6,745
4,111

20,425
4,318
4,209
6,909
4,200

Firms with 11 or more stores:f
Estimated sales (unadj.), total 9 1

73, 356

80,323

6,214

6,661

6,291

6,608

6,511

6,565

6,759

6,804

7,190

9,940

5,695

5,550

6,838

Apparel group 9
_ _ _ _ _ __do_ _ _
Men's and boys' wear stores
__do
Women's apparel, accessory stores
do
Shoe stores _
do. __

4,445
557
1,656
1,168

4,770
573
1,779
1,269

361
37
135
104

420
45
158
125

373
42
145
102

388
48
144
107

324
39
123
87

377
40
141
97

401
44
145
116

409
51
155
100

444
57
166
108

722
99
266
169

306
43
106
85

271
31
102
76

430
45
152
133

Drug and proprietary stores _
Eating and drinking places
Furniture and appliance group

2,300
1,891
1,193

2,663
2,222
1,276

199
187
105

207
183
96

206
187
100

217
197
107

216
196
108

212
189
111

214
189
109

219
189
115

229
184
117

380
203
136

217
193
90

221
185
89

250
206
103

General merchandise group 9_
do
Dept stores excl. mail order sales
do
Variety stores
__do

26, 112
17,593
4,096

28,988
19,653
4,593

2,095
1,416
316

2,236
1,511
368

2,220
1,516
341

2,361
1,629
363

2,168
1,474
342

2,383
1,605
371

2,388
1,632
371

2,468
1,687
377

2,886
1,947
429

4,440
2,987
809

1,822
1,256
266

1,720
1,146
278

2,324
1,561
383

Grocery stores
do
Lumber vards bldg materials dealerscf do
Tire battery accessory dealers
do

27, 627

29,906

2,416

2,631

2,336

2,441

2,630

2,414

2, 582

2,513

2,437

2,949

2,330

2,334

2,673

1,312

1,472

116

124

124

137

134

120

116

123

126

175

97

93

116

do

6,610

6,574

6,536

6,702

6,664

6,729

6,762

6,871

6,856

6,700

6,885

6,907

6,834

Apparel group 9
Men's and boys' wear stores
"Women's apparel accessory stores
Shoe stores

do
do
do
do

386
43
144
106

382
45
150
100

382
43
146
102

402
48
149
108

386
47
144
103

405
51
147
103

395
50
144
104

406
49
155
106

406
49
151
112

397
48
141
109

421
52
154
112

418
46
160
109

372
47
138
98

Drug and proprietary stores
Eating and drinking places

do
do

208
193

213
184

215
181

224
187

222
182

223
175

225
183

227
185

237
191

242
206

240
213

254
214

253
209

General merchandisegroup 9
Dept stores excl mail order sales
Variety stores

do
do
do

2,363
1,587
371

2,295
1,553
359

2,336
1,576
370

2,430
1,652
385

2,425
1,643
377

2,417
1,650
380

2,444
1,665
388

2,495
1,664
390

2,552
1,725
411

2,403
1,638
388

2,513
1,730
402

2,471
1,685
387

2,449
1,671
369

Grocery stores
do
Lumber yards, bldg. materials dealers d"- -do
Tire battery accessory dealers
do

2,421

2,506

2,449

2,491

2,517

2,544

2,519

2,549

2,518

2,489

2,492

2,548

2,543

136

120

117

121

124

117

122

123

128

124

127

131

135

Estimated sales (seas adj ) total 9 1

-do

do
_do_ _ .
do

A 11 retail stores, accounts receivable, end of yr. or mo. :
Total (unadjusted) f
mil $
Durable goods stores
do
Nondurable goods stores
do
Charge accounts
_.do_ _
Installment accounts
do
Total (seasonally adjusted) t
Durable goods stores
Nondurable goods stores
Charge accounts
Installment accounts

do
do
do
do_
do

i

17,332
6,947
10, 385
' 7, 847
' 9, 485

20,384
4,369
4,156
6,895
4,179

18, 193
7,120
11,073
8,269
9,924

18, 986
7, 212
11, 774
8,164
10, 822

17,480
7,059
10, 421
' 7, 883
' 9, 597

17, 420
6,975
10, 445
' 7, 739
f 9, 681

17, 546
6,991
10,555
7,855
9,691

17,816
6,981
10, 835
7,970
9,846

18,986
7,212
11, 774
8,164
10,822

18,167 '17,538
6,954 ' 6, 751
11,213 ' 10, 787
7,630 '7,338
10,537 '10,200

17, 648
6,829
10, 819
7,536
10, 112

17,034
6, 916
10, 118
7, 833
9,201

17, 767 '17, 417 ' 17, 308 ' 17, 483 ^17,722 ' 17, 482 17, 695
6,987 ' 6, 952 6,835 ' 6, 942 '7,002 ' 6, 778 ' 6, 867
10, 780 '10,465 ' 10, 473 * 10, 541 10, 720 10, 702 ' 10, 828
7,730 ' 7, 839 T 7, 765 -7,900 ' 8, 151 ' 7, 864 ' 7, 960
10,037 ' 9, 578 ' 9, 543 ' 9, 583 ' 9, 571 ' 9, 618 ' 9, 735

17, 592
6,817
10, 775
' 7, 818
' 9, 774

17 578
6,775
10, 803
7,807
9,771

17, 744
6, 905
10. 839
7, 834
9,910

17, 767
6,987
10, 780
7,730
10, 037

17,849 '18,007
7,124 ' 7, 144
10,725 '10,863
7,690 ' 7, 721
10,159 ' 10, 286

18, 155
7,197
10, 958
7,827
10, 328

16, 865
6,578
10, 287
' 7, 479
' 9, 386

17,065 17, 520
6,894
6,606
10, 459 10, 626
' 7, 731 ' 8, 058
' 9, 334 ' 9, 462

17, 774
7,163
10,611
' 8, 236
' 9, 538

EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas
_mil__ U94.57
EMPLOYMENT
Noninstitutional population, est. number 16 years
of age and over, total, unadj©
mil--

i 196. 84

196. 16

196. 34

196. 50

196. 67

196. 84

197.02

197. 22

197. 43

197. 63

197. 81

197. 98

198. 14

198.29

198. 47

129. 24

131. 18

130. 60

130. 75

130. 92

131.08

131.24

131.42

131. 59

131.77

131.95

132. 12

132. 30

132.45

132. 63

132. 80

77,178

78, 893

77,043

77,812

78, 459

80, 727

80,838

80, 665

78,982

79, 488

79,895

79,642

78, 706

79, 107

78, 949

79, 560

Civilian labor force, total
Employed, total
_ _ _
Agricultural employment
Nonagricultural employment

do
_ do__
do
do

74, 455
71,088
4,361
66,726

75, 770
72, 895
3,979
68,915

74, 069
71,083
3, 645
67, 439

74, 804
72, 077
4,020
68, 055

75,414
72, 620
4,097
68,523

77, 628
74, 038
4,704
69,333

77, 703
74, 655
4,580
70,076

77,487
74, 666
4,308
70, 359

75, 753
73,248
4,186
69,063

76,209
73, 744
4,114
69, 630

76,573
73,995
3,814
70, 180

76,252
73, 599
3,360
70,239

75,320
72, 160
3,335
68. 826

75, 689
72, 506
3,281
69, 225

75, 513
72,560
3,410
69, 149

76, 111
73, 445
3,721
69, 724

Unemployed (all civilian workers)
Long-term (15 weeks and over)
Percent of civilian labor force _
Not in labor force©...
Civilian labor force, seasonally adj©

do
do

3,366
755
4.5
52, 058

2,875
536
3.8
52, 288

2,986
743
4.0
53, 556
75, 117

2,729
766
3.6
52, 938
75,341

2,794

3,591

3,048

2,821

2,505

2,466

2,577

3.7
52,466
75, 149

4.6
50, 356
75, 668

39
50,397
75, 770

3.6
50,755
76, 069

3.3
52,609
76, 039

3.2
52, 285
76, 081

3.4
52, 054
76, 612

2,653
440
3.5
52, 479
76,764

3,160
515
4.2
53, 589
77, 087

3,183
506
4.2
53,341
77, 025

2,954
560
3.9
53,678
76, 523

2,666
576
3.5
53,234
76, 740

72, 266
4,113
68, 153
2,851
583

72, 542
4,199
68, 343
2,799
590

72, 253
3,902
68,351
2,896
538

72, 730
3,981
68,749
2,938
486

72,846
3,926
68, 920
2,924
446

73, 141
3,935
69, 206
2,928
462

73, 195
3,886
69, 309
2,844
493

73,199
3,779
69, 420
2,882
517

73,897
3,892
70,005
2,715
484

73, 893
4,011
69,882
2,871
496

74,255
4,015
70, 240
2,832
485

74, 137
3,890
70, 247
2,888
439

73, 747
3,855
69, 892
2,776
436

73, 910
3,890
70, 020
2,830
436

Total labor force, incl. armed forces©

Employed, total
Agricultural employment
Nonagricultural employment
Unemployed (all civilian workers)
Long-term (15 weeks and over)

thous__

thous.-do
do
do
do
.do__
do

i _ - ~
i . . -_ .

Rates: 1
3.7
3.9
All civilian workers
3.8
4.5
3.8
2.4
2.4
Men, 20 vears of age and over
3.2
2.5
2.6
3.9
Women, 20 years of age and over
__
3.6
3.7
4.5
3.8
12.9
13.7
Both sexes, 16-19 years of age
12.9
14.8
12.7
r
Revised.
i As of July 1.
fSee correspondingj note on p. S-ll.
9 Includes data not shown separately.
o*Comprises lumber yards, building materials dea ers, and ijaint, pluiiibing, a nd electr ical
stores.
^Unemployed in each group as percent of that g roup.
©Effective Feb. 1967 SURVEY, data reflect revise d seasona [ factors and chan jes in co1^erape. sample, and definition as follows: For all period s — data cc>ver per so us 16 yea rs of age «id




3.7
3.7
3.6
3.7
3.9
3.9
3.8
3.7
3.8
3.5
3.7
2.3
2.2
2.3
2.4
2.2
2.4
2.6
2.4
2.4
2.6
2.5
4.1
4.1
4.0
4.3
3.4
3.7
3.9
3.8
3.9
3.8
4.0
11.6
13.2
10.7
13.1
11.4
12.9
12.2
12.5
12.7
11.0
13.0
over ( eliminat ng abou t a mill ir n person s previoijsly cove red); bejSinning J an. 1967--sample
ox pan ded (to 52,500 households ) and ch anges imide* in de finitions for emp oyment and unemplc yment ( iata are i easonab y compa rable wil h earlier estimate s);seeF sb. and 1\lar. 1967
BLS1EMPLOYEIENT ANE EARNIN GSANDlVlONTHLY REPORT ON THE I-ABOR F()RCE, U. 3. GPO,
Washi ngton, F>.C. 2040 2t

SURVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1967

1966

1966

Annual

S-13

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.p

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):f
Total, unadjusted!
thous
Manufacturing establishments
Durable goods industries
Nondurable goods industries

_

do.
do
do

Mining, total 9
Metal mining
_
Coal mining
Crude petroleum and natural gas

do
do
do
do

Contract construction.
.
Transportation and public utilities 9
Railroad transportation
Local and interurban passenger transit

do.
do...
do
do

Motor freight trans and storage
Air transportation
Telephone communication

do
do
do

Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services and miscellaneous
Government

do. _ _
do
..do. .
do..
do
do

Total, seasonally adjustedf ._ _
Manufacturing establishments
Durable goods industries
Ordnance and accessories
Lumber and wood products
Furniture and fixtures _ _
Stone, clay, and glass products
Primary metal industries

do
do. _ .
do
do
do...
do
do _
do . . . _

60, 770

63, 864

62,243

62,928

63, 465

64, 563

64, 274

64 484

64 867

65 190

65 389

65,904

64,334 '64,286 '64,604

65, 028

18, 032
10,386
7 645

19,081
11,186
7 896

18, 651
10, 921
7 730

18 774
11,039
7 735

18, 906
11,130
7,776

19,258
11,319
7,939

19 123
11,213
7 910

19 391
11 249
8 142

19 533
11 434
8 099

19 538
11 470
8 068

19 522
11 480
8 042

19, 430
11,446
7,984

19,233 '19, 196 '19,159
11,347 '11,320 '11,291
7,886 ' 7, 876 '7,868

19,088
11,250
7,838

632
84
142
288

628
86
139
283

620
84
141
282

590
84
104
281

630
85
141
281

645
88
142
288

645
88
140
290

649
89
142
290

637
87
143
281

631
86
144
277

628
86
143
277

625
86
143
279

614
86
143
275

3,181
4,033
735
268

3,281
4,137
717
265

2,981
4,056
708
273

3,156
4,077
712
269

3,277
4,115
715
268

3,521
4,180
728
255

3,623
4,171
730
247

3,641
4,154
728
246

3,525
4,218
721
264

3,449
4,198
716
268

3,310
4,208
712
268

3,128
4,200
715
271

2,925
4,162
698
272

963
230
735
625

1,008
248
773
635

970
247
751
625

974
251
758
627

990
254
762
628

1,026
260
778
644

1,031
216
792
652

1 031
202
796
653

1 046
262
786
641

1 046
264
785
633

1, 045
266
790
632

1,031
269
791
633

1,000
274
793
633

12,683
3,317
9,366
3,019
9,098
10, 091

13, 220
3,459
9,761
3,086
9,582
10,850

12, 826
3,374
9,452
3,043
9,331
10, 735

13,015
3,386
9,629
3,056
9,465
10,795

13,061
3,400
9,661
3,070
9,572
10,834

13,239
3,473
9,766
3,112
9,702
10,906

13, 225
3,511
9,714
3,148
9,782
10, 557

13,224
3,521
9,703
3,146
9,772
10, 507

13,253
3,498
9,755
3,109
9,707
10,885

13, 385
3,521
9,864
3,099
9,751
11,139

13,599
3,533
10, 066
3,098
9,739
11,285

14, 241
3,554
10,687
3,105
9,733
11,442

13,322 '13,205 '13,308
3,509 ' 3, 496 '3,502
9,813 '9,709 '9,806
3,114 ' 3, 136
3,095
9,672 '9,750 ' 9, 837
11,311 '11,418 '11,494

13, 382
3,503
9,879
3,162
9,974
11, 544

60, 770
18, 032
10, 386
226
610
429
627
1,296

63, 864
19,081
11,186
256
622
456
641
1,326

63, 247
18, 840
11,007
245
642
451
649
1,300

63,350
18,923
11,065
249
633
451
647
1,307

63,517
19, 002
11, 122
253
623
456
643
1,315

63,983
19, 167
11,220
257
628
458
641
1,333

64, 072
19, 128
11,210
257
622
456
643
1,338

64, 199
19, 262
11,324
260
621
462
637
1,351

64, 168
19, 204
11,322
262
609
459
633
1,341

64, 466
19,312
11,387
265
607
460
633
1,351

64, 823
19, 415
11,424
269
607
463
636
1,351

65, 076
19, 445
11,439
269
605
465
638
1,343

65,381 '65,497 '65,513
19,468 '19,402 '19,351
11,445 '11,408 '11,376
281
283
276
'614
'619
620
459
'455
460
638
642
'636
1,341 ' 1, 322 ' 1, 305

65, 611
19, 234
11,275
286
606
451
626
1,284

609
87
143
269

'609
88
141
268

620

'2,841 '2,895
4,153 '4,166
694
693
271
272

3,105
4,153

994
278
'797
633

999
282
800
635

Fabricated metal products
Machinery
Electrical equipment and supplies

do
do
_do.._

1,268
1,726
1,658

1,352
1,868
1,893

1,344
1,818
1,824

1,345
1,827
1,860

1,341
1,846
1,877

1,348
1,865
1,904

1,346
1,888
1,903

1,360
1,901
1,948

1,357
1,903
1,941

1,365
1,912
1,962

1,378
1,917
1,959

1,379
1,933
1,959

1,380
1,941
1,964

' 1, 374 '1,373
1,935 '1,932
'1,967 '1,960

1,361
1,927
1,939

Transportation equipment __
Instruments and related products
Miscellaneous manufacturing ind

do...
do
do

1,738
387
421

1,906
426
440

1,881
415
438

1,887
418
441

1,901
424
443

1,915
428
443

1,888
430
439

1,910
431
443

1,945
432
440

1,951
439
442

1,960
439
445

1,958
444
446

1,927
446
448

'1,928
'448
'442

1,904
448
443

7,645
1,752
87
921
1,354
640
981
906
182
472
351
632
3,181
4,033
12, 683
3,019
9,098
10, 091

7,896
1,761
84
951
1,396
671
1,026
954
183
513
357
628
3,281
4.137
13, 220
3,086
9,582
10, 850

7,833
1,767
86
948
1,386
662
1,009
936
181
500
358
637
3,419
4,109
13, 085
3,064
9,463
10, 630

7,858
1,757
86
950
1,396
664
1,017
937
182
506
363
595
3,333
4,114
13, 128
3,068
9,484
10, 705

7,880
1,748
85
952
1,412
665
1,018
945
183
508
364
628
3,238
4,132
13, 164
3,076
9,515
10, 762

7,947
1,760
86
957
1,424
674
1,026
961
183
515
361
632
3,300
4,143
13,217
3,090
9,549
10,885

7,918
1,763
85
955
1,388
679
1,031
963
186
518
350
636
3,297
4,122
13, 256
3,095
9,609
10, 929

7,938
1,765
80
957
1,395
677
1,035
968
184
520
357
636
3,251
4,105
13, 264
3,100
9,647
10,934

7,882
1,737
79
952
1,390
670
1,035
965
182
517
355
628
3, 228
4,168
13, 268
3,100
9,649
10,923

7,991
7,925
1,781
1,750
87
78
950
950
1,406
1,403
682
676
1,044
1,039
974
969
183
182
529
523
355
355
624
625
3,204
3,202
4,195
4,165
13, 340 13, 393
3,110
3,102
9,712 9,778
11,008 11,104

8,006
1,781
86
951
1,409
683
1,049
976
183
534
354
626
3,293
4,196
13, 392
3,121
9,821
11, 182

8,023 '7,994 '7,975
7,959
1,780 ' 1, 781 ' 1, 786 1,771
84
85
89
86
942
'941
935
951
1,415 '1,399 '1,378
1,383
683
686
'688
685
1,060 '1,067
1,056
1,065
981
'978
981
977
182
182
182
'181
530
527
533
527
349
'344
353
348
626
'626
626
628
3,279
3,301 '3,350 '3,320
4,225 ' 4, 221
4, 230
4,191
13, 665
13, 503 '13,524 '13,477
3,142 '3,158
3,175
3,129
9,994
9,869 '9,919 '9,977
11, 447
11,253 '11,309 '11,383

13,413

14, 199

7,702

8,301

96
535
356
504
1,058
477
982
1,208
1,140
1,238
660
357
247
337
5,711

120
544
378
515
1,080
467
1,052
1,314
1,316
1,355
671
448
274
352
5, 898

1,155
75
823
1,205
498
622
545
112
88
367
308

1,166
71
848
1,240
522
652
570
114
89
400
313

13, 878
14, 048
8,113
8,190
112
532
371
502
1,064
456
1, 032
1,289
1,256
1,352
690
422
267
336
5,765
5,858
1,087
66
842
1,246
510
640
561
110
87
388
315

13,969
14, 100
8,207
8,226
113
539
371
516
1,080
468
1,042
1,299
1,281
1,355
686
430
268
344
5,762
5,874
1,086
64
846
1,226
514
645
568
112
88
391
311

14, 074
14, 154
8,277
8,261
117
548
373
521
1,085
473
1,046
1,309
1,291
1,365
692
435
271
351
5,797
5,893
1,093
62
850
1,242
515
646
570
114
88
393
312

14,351
14, 281
8,419
8,328
119
574
380
530
1,108
487
1,061
1,326
1,322
1,363
686
438
277
358
5,932
5,953
1,152
63
862
1,258
530
653
580
117
90
400
318

14, 159
14, 201
8, 277
8,293
120
568
374
533
1,102
490
1,035
1,324
1,302
1,299
609
452
275
344
5,882
5,908
1,200
62
844
1,198
528
653
578
118
90
395
306

14,417
14, 330
8,304
8,395
123
570
388
533
1,100
482
1,058
1,325
1,345
1,215
519
458
279
367
6,113
5,935
1,291
76
862
1,265
534

14, 582
14,268
8,501
8,395
127
553
387
526
1,095
477
1, 071
1,332
1,366
1,393
692
468
280
372
6, 081
5,873
1,284
82
856
1,257
526
661
577
116
89
409
312

14, 581
14, 350
8,530
8,442
129
541
388
517
1,083
467
1,077
1,333
1,385
1,414
702
476
282
378
6,051
5, 908
1,244
82
854
1.263
529
664
575
115
89
415
310

14, 548
14,436
8, 527
8,467
133
532
390
512
1, 080
462
1,084
1,333
1,380
1,424
708
486
284
376
6, 021
5, 969
1, 209
'79
851
1,260
534

14, 440
14 446
8,482
8,471
135
516
386
500
1,077
455
1,079
1,357
1,374
1,425
702
492
286
348
5,958
5 975
1,166
'80
845
1,245
532
671
576
113
89
420
310

14, 233 ' 14, 180 '14,134
14, 453 '14,370 '14,304
8,372 - 8, 333 '8,299
8,462 '8,417 ' 8, 375
141
142
138
'509
511
509
'374
'372
377
487
481
486
1,068
1,056
1,077
449
451
455
'
1, 049
'
1,
057
1,063
1,363 ' 1, 362 ' 1, 365
1,361 ' 1, 347 - 1, 332
1,382 ' 1, 376 ' 1, 365
'659
'647
669
'488
'493
488
'285
'286
286
'334
'333
330
5,861 ' 5, 847 ' 5, 835
5,991 ' 5, 953 '5,929
1,102
1,117 '1,098
69
65
76
830
831
835
1,233 ' 1, 249 ' 1, 237
526
'528
526
'675
670
666
'581
577
578
'112
111
111
89
89
89
406
416
410
'299
305
304

Nondurable goods industries
do
Food and kindred products. _.
do.
Tobacco manufactures
do
Textile mill products
do
Apparel and related products
_ _do _
Paper and allied products.
.do. _
Printing, publishing, and allied ind._do
Chemicals and allied products
do
Petroleum refining and related ind.._do
Rubber and misc. plastics products. _ do
Leather and leather products
do
Mining
.__-..__
do
Contract construction
do
Transportation and public utilities. _
do
Wholesale and retail trade _ _
do. . .
Finance, insurance, and real estate.
do
Services and miscellaneous
do
Government- _ .
.
do
Production workers on mfg. payrolls, unadjusted:!
Total, unadjusted t
thous.
Seasonally adjusted
. ...
do...
Durable goods industries, unadjusted do.
Seasonally adjusted
do
Ordnance and accessories
do
Lumber and wood products.
do
Furniture and
fixtures
do
Stone, clay, and glass products. ... do
Primary metal industries
do
Blastfurnaces steel and rolling mills do
Fabricated metal products.
do
Machinery _
do
Electrical equipment and supplies
do
Transportation equipment 9
do
Motor vehicles and equipment
do
Aircraft and parts
.
do
Instruments and related products. _ do. _
Miscellaneous mfg. industries
do
Nondurable goods industries, unadj
do
Seasonally adjusted
do
Food and kindred products
do
Tobacco manufactures.. . . .
do
Textile mill products
do
Apparel and related products
do. . .
Paper and allied products...
do
Printing, publishing, and allied ind. .do
Chemicals and allied products
do
Petroleum refining and related ind.-.do
Petroleum refining
do
Rubber and misc. plastics products.. do
Leather and leather products
do

' Revised.
p Preliminary.
fBeginning in the Sept. 1966 issue of the SURVEY, data for employment, hours, earnings,
and labor turnover reflect adjustment to Mar. 1965 benchmarks; they are not strictly comparable with previously published figures. Details of the adjustment appear in the BLS
Sept. 1966 Employment and Earnings report; comparable earlier data appear in BLS Bul-




658
584
118
90
406
320

666
576
114
89
419
312

' 1, 924
'449
'440

14,058
14, 189
8,258
8,275
144
514
367
492
1,050
1,046
1,360
1,309
1, 349
627
491
285
342
5,800
5,914
1,097
64
828
1,211
528
674
586
113
89
405
295

letin 1312-4, Employment and Earnings Statistics for the United States 1909-66 (Oct. 1966),
$4.50, available from the Superintendent of Documents, Government Printing Office,
Washington, D.C. 20402.
9 Includes data for industries not shown separately.

SURVEY OF CURRENT BUSINESS

S-14
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

| 1966

Annual

May 196'

Mar.

Apr.

May

June

1967

July 1 Aug.
1

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.*

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch):
United States.
thous._
Wash D C metropolitan area - - do
Railroad employees (class I railroads):©
Total
- . ...
do
Index, seasonally adjusted
1957-59 =100. .

2,347
251

2,532
265

2,429
255

2,462
256

2,482
258

2,560
274

2,598
277

2,598
276

2,556
269

2,579
270

2,608
272

2,736
»273

2,609
272

2,620
273

2,636
275

652
73.4

640
72.4

629
71.3

636
71.8

639
71.6

652
72.2

655
72.7

652
73.0

643
73.1

639
73.4

^635
74.4

v 636
74.7

p623
"69.3

*618
*69.5

*617
"69.8

144.3
136.3
97.0

156.7
150.4
101.3

137.9
145.3
97.7

145.1
146.8
87.4

152.6
149.0
102.5

171.1
152,5
106.5

180.3
148.6
105.2

180.8
151.9
106.2

177.0
156.7
105.4

173.0
156.9
105.2

155.7
156.4
102.0

150.3
155.8
103.1

139.5
152.1
100.9

129.6
149.4
97.6

135.3
150.1
'98.0

147.8
149.4
102.5

41.2

41.3

3.6
42.0

3.9
42.1

41.2
41.5
3.9
42.2
42.3
4.3

41.5
41.5
4.0
42.3
42.2
4.4

41.6
41.3
4.0
42.3
42.0
4.4

41.0
41.0
3.8
41.6
41.8
4.1

41.4
41.4
4.0
42.0
42.1
4.3

41.5
41.5
4.2
42. 3
42.3
4.6

41.4
41.3
4.1
42.2
42.2
4.5

41.3
41.3
3.9
42.1
42.1
4.2

41.3
40.9
3.7
42.1
41.7
4.1

40.8
41.0
3.4
41.5
41.8
3.7

40.1
40.3
3.2
40.7
40,9
3.4

40.3
40.4
3.2
41.0
41.1
'3.3

40.2
40.5
3.0
40.8
40.9
3.1

INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) f. 1957-59 =100. .
Manufacturing (production workers) f _
do
^Mining (production workers) t
do
HOURS AND EARNINGS!
Average weekly gross hours per production worker
on payrolls of nonagric. estab., unadjusted:!
All manufacturing estab. , unadj. t
- - hours. Seasonally adjusted
do
Average overtime
do_
Durable goods industries
_
do
Seasonally adjusted
do-Average overtime
do

3.9

4.3

41.4
41.5
3.9
42.2
42.3
4.2

Ordnance and accessories
Lumber and wood products
_
_
Furniture and
fixtures
Stone clay and glass products
Primary metal industries
Blastfurnaces steel and rolling mills

do_do
do
do
do
do

41.9
40.8
41.5
42,0
42.1
41.0

42.3
40.8
41.4
42.0
42.1
40.7

41.9
40.6
41.5
42.1
42.1
40.6

42.1
41.1
40.9
42.1
42.3
41.2

42.3
41.7
41.4
42.3
42.4
41.2

42.2
41.2
41.8 !
42.5
42.4
41.3

42.1
40.9
40.7
42.0
41.6
41.1

42.0
40.9
42.2
42.4
42.1
40.9

42.4
40.7
41.8
42.2
42.4
41.2

42.3
40.7
41.9
42.2
42.0
40.5

42.7
40.0
41.4
41.8
41.9
40.2

42.7
39.9
41.5
41.6
41.6
39.5

42.4
39.9
40.1
41.2
41.8
40.6

Ml. 5
39.5
••39.7
40.5
40.9
'39.7

Ml. 6
'40.3
'39.8
Ml.O
MO. 9
40.0

41.5
40.5
39.2
41.1
40.5

Fabricated metal products
Machinery
Electrical equipment and supplies

do
do
do_ _

42.1
43.1
41.0

42.4
43.8
41.2

42.2
44.1
41.2

42.1
43.8
41.1

42.6
44.1
41.3

42.7
44.1
41.3

41.9
43.1
40.5

42,4
43.5
41.1

42.9
43.9
41.4

42.7
43.7
41.3

42.3
43.7
41.1

42,5
44.0
41.2

41.8
43.5
40.6

Ml.l
43.0
39.8

Ml. 3
M3.0
40.0

40.9
42.6
39.4

42.9
44.2
42.0
41.4
39.9

42.6
42.8
43.3
42.0
40.0

42.7
42.9
43.4
42.2
40.4

43.0
43.7
42.9
41.9
39.7

42.4
42.0
43.6
42.3
40.1

42.5
42.3
43.4
42.2
40.1

41.8
41.3
43.1
41.6
39.2

42.1
41.6
43.4
41.7
40.1

42.6
42.9
43.1
42.2
40.0

43.0
43.5
43.0
42.1
40.4

42.8
43.1
43.3
42.0
40.2

42.5
42.7
42.9
42.1
40.0

41.6
41.0
42.7
41.5
39.6

40.3
••39.2
M2.2
40.8
'38.7

'40.5
'38.9
M2.7
41.2
'39.4

41.1
40.0
42.8
41.1
39.2

Transportation equipment 9
- do- Motor vehicles and equipment
do.,- _
Aircraft and parts
do
Instruments and related products
do, Miscellaneous mfg industries __ _ _ _ do_ _.

40.2
40.5
40.5
40.3
40.3
40.3
39.9
40.2
40.3
40.2
40.1
39.2
40.1
39.4
39.4
Nondurable goods industries, unadj
do,
39.6
40.2
40.2
40.3
40.2
40.2
40.3
40.3
40.4
40.1
39.9
39.5
39.6
39.8
40.0
Seasonally adjusted
- -- do__ ._
3.4
3.7
3.5
3.5
3.6
3.4
3.3
3.5
3.3
3.4
3.3
3.2
2.9
3.0
2.9
Average overtime
do
3.0
41.3
41.2
40.9
41.5
41.8
41.3
40.4
41.9
40.5
41.3
41.2
41.1
40.3
Food and kindred products
do~40.8 MO. 3 '40.5
38.5
38.5
39.2
40.1
38.3
38.1
38.1
37.6
38.3
40.5
37.9
38.8
36.0
37.4
38.0
Tobacco manufactures
_do
37.8
41.4
42.6
41.9
42.1
41.6
42.2
41.4
41.5
42.3
41.1
41.9
40.2
41.8
40.2
40.6 MO.l
Textile mill products
do
36.4
36.9
35.7
36.6
36.7
36,5
36.1
36.9
36.3
36.2
36.4
36.4
35.7 '35.9
35.9
36.1
Apparel and related products
do _
43.6
43.5
43.7
43.7
43.5
43.6
43.2
43.3
43.5
43.4
43.3
43.1
42.3 M2.5
42.4
Paper and allied products
__ do
42.8
38.9
39.1
38.9
39.0
39.1
38.6
38.8
38.8
38.8
38.8
38.6
39.1
38.3 ' 38.6
38.5
Printing, publishing, and allied ind _ do--_
38.5
42.2
42.2
41.9
42.1
42.1
42.2
42.0
42.4
42.0
42.1
41.7
42.1
41.9
41.9
41.5 Ml. 2
Chemicals and allied products
do
42.4
42.4
42.1
42.8
42.8
41.9
42.6
42.7
43.0
42.4
42.2
42.1
43.1
41.4 Ml. 8 '42. 5
Petroleum refining and related ind
do
42.4
42.1
41.5
42.0
41.7
42.6
42.7
41.9
42.4
42.1
42.1
41.8
43.0
Petroleum refining
._
do
41.4 M2.1 M2.7
42.0
42.2
42.0
41.9
42.3
41.9
42.1
42.0
41.3
41.9
42. 0
42.0
40.5 '40.8
40.8
Rubber and misc plastics products
do__
41.3
38.4
39.2
39.1
37.8
38.1
38.6
37.8
38.5
39.0
38.6
38.8
38.2
36.2
Leather and leather products _do
38.7 '37.5 '37.0
Nonmanufacturing establishments:!
42.2
43.2
43.4
42.9
43.0
43.0
41.4
42.6
43.1
42.5
42.3
42.7
41.6
41.7
42.4
Mining 9
do
42.3
42.0
42.2
42.7
42.7
42.1
42.2
42.5
41.6
42.7
42. 2
42.4
41.6
42.5
42.7
M^etal mining
do
42.6
39.3
42.2
40.7
41.8
40.8
41.5
32.8
41.1
41.8
39.6
39.0
* 39.9
a 40. 3
40.9
Coal mining
do
42.5
42.6
42.5
42.6
42.7
42.5
42.8
43.0
43.1
42.2
42.1
42.6
42.4
42,5 M2.0
Crude petroleum and natural gas
do
36.3
38.5
38.3
38.4
38.3
36.9
37.0
37.7
39.0
37.2
37.6
37.4
35.8
36.8
37.0
Contract construction
do_37.1
35.3
36.9
36.6
36.8
36.7
35.7
35.8
36,8
37.1
36.3
36.1
36.3
35.0
35.8
Oeneral building contractors
do
36. c
38.7
42.5
42.2
42.5
42.3
39.5
40.1
40.9
43.4
39.8
41.0
40.0
40.8
Heavy construction
do
39.6 '38.9
36.0
37.5
37.7
37.5
37.7
36.4
36.8
37.1
38.1
37.0
36.9
36.2
36.8
35.3
Special trade contractors
do
36.8
Transportation and public utilities:
42.5
42.8
43.0
42.4
42.1
42.2
43.0
41.9
42.6
42.1
42.3
41.8
Ml.
5
41.9
Local and suburban transportation
do
41.5
42.5
42.9
43.1
42.0 ! 43. 1
43.1
41.7
42.0
42.9
42.5
42.8
41.7
42,5
41.8
M otor freight transportation and storage do
41.5
41.5
40.9
40.8
40.7
40.7
40.1
40.3
40.3
41.2
39.9
40.6
40.4
39.3
39.8
Telephone communication
do
39.5
41.7
41.9
41.2
41.4
41.5
41.2
41.1
41.0
42.1
41.7
41.5
41.4
41.2
Electric gas and sanitary services
do
41.3 Ml. 6
36.6
37.3
37.9
37.0
36.8
36.9
36.9
36.9
38.0
37.7
37.1
37.1
36.4
36.3
36.3
36.5
Wholesale and retail trade - do
40.6
40.7
40.7
40.7
40.8
40.7
40.6
40.7
41.1
40,8 - 40.7
40.9
40.4
40.3
40.5
Wholesale trade
do __
40.6
35.2
35.5
36.2
36.9
35.8
35.6
35.7
35.7
35.9
36.9
35.9
36.6
35.0
34.9
Retail trade
-do
35.1 '34.9
Services and miscellaneous:
36.9
36.6
36.9
36.7
36.8
37.2
37.4
37.3
38.0
37.1
36.8
37. 5
37.9
37.3
38.1
Hotels, tourist courts, and motels
do
38.1
37.
37.6 '36.7
37.8
38.2
38.2
38.2
38.4
38.6
38.0
38.1
38.2
38.6
38.8
Laundries, cleaning and dyeing plants- . _ do
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.:!
40 113.42 111. 48 112. 4
112.56
111.9L 110. 95 111.24 112. 05 112.74 111.11 111.78 113.71 113.85 113.99 114,
All manufacturing establishments !
dollars-. 107. 53
121. 18
20 122. 43 120.47 121.3
121. 67 120. 69 121. 54 121. 82 121. 82 119. 81 120. 54 123. 94 124. 07 123. 77 124.
Durable goods industries
do, _. 117. 18
133.63
'133.9
138.
78
'
134.0
137.
80
135. 36 132. 82 133. 46 134. 51 134. 20 133.88 j 134.82 136. 95 136. 63 137. 92
131. 57
Ordnance and accessories
do _
90.97
'
93.
5
95.18
91,6
91,37
92.00
93.66
94.83
93.94
94.07
94.83
94.
66
92.
48
88.91
92.62
88. 54
Lumber and wood products
_
_ do. _.
89.38
90.63 '89.7 '90.3
93.86 92. 74 93.79
89.13 93.26 93.21
88.75 90 67 91.96
90. 06
87.98
91. 08
Furniture and fixtures _
__
do__114. 24 112. 83 114. 09 114.63 115.60 113. 82 115. 75 116. 05 116.47 115.79 115.23 113. 71 112.1 ' 113.98 115.08
110.04
Stone, clay, and glass products
do,_.
135.38 134.06
138. 09 136. 83 138. 74 139. 07 139. 50 136. 86 138. 09 140. 77 139. 02 138. 69 137.28 138.36 134.9
133.88
Primary metal industries
_ do
121.69 119. 85 119. 99 121. 84 121.70 119. 42 121. 26 124. 84 124. 26 123. 09 124. 53 122. 47 '120.4 ' 121.0 120.25
116.20
Fabricated metal products
_
_ do_ 137.03 '135.88 ' 135.88 134. 19
127. 58
134. 9< 134. 95 134. 03 135. 83 135. 83 131. 89 133. 55 136. 53 136. 34 136. 78 138.6
Machinery
do
108.40 107. 17
109.2 '107.8
107. 53 107. 68 108. 62 108. 62 106.11 107. 68 110. 12 109. 86 109. 74 110.4
108.7
105. 78
Electrical equipment and supplies
do '
136.4
136.2
139.33
145.
52
144.9
141.44
137.94
144.
84
146.
63
140.
25
139.
35
141.
47
139.07
140.06
141.
sr
137.
71
Transportation equipment
do. _ .
113.7
113.44
114, 13 ' 113. 0
113.10 112.71 113. 79 113.94 111.90 112. 17 114.78 114.93 114.66 115.7
113. 4
108.47
Instruments and related products _ _-do
'92.20
91.34
'90.1
90.45
91.2
91.8
86.24
89.20
90.
09
88.62
88.22
87.74
88.62
89.28
88.80
85. 39
Miscellaneous mfg. industries
do, . _
r
more annual railway operating revenues). The index (back to 1963) has been adjusted for
Revised.
'
Preliminary.
«
Average
for
11
months.
1
comparability, whereas the number of employees has not.
Includes Post Office employees hired for the Christmas season; there were about 124,000
! See corresponding note, bottom p. S-13.
9Includes data for industries not shown
such employees in the United States in Dec. 1966.
separately.
0Effective Jan. 1965, data reflect change in definition of class I railroads (to $5 million or




II

SURVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

1966

Annual

S-15

Mar.

Apr.

May

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.*

EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGSf-Continned
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.f— Con.
All manufacturing establishments t— Continued
94.64
Nondurable goods industries. _ _
dollars .
99.87
Food and kindred products
do
79.21
Tobacco manufactures .
do
78.17
Textile mill products
do
66.61
Apparel and related products
do
Paper and allied products
do ... 114.22
118. 12
Printing, publishing, and allied ind
do
121. 09
Chemicals and allied products
do
138. 42
Petroleum refining and related ind
do.__
109. 62
Rubber and misc. plastics products
do
71.82
Leather and leather products
do
Nonmanufacturing establishments:!
123. 52
Mining 9-.-do
127. 30
Metal mining
do
137. 45
Coal mining
do
116. 18
Crude petroleum and natural gas
do
Contract construction
do
138.01
128.16
General building contractors
do
137. 90
Heavy construction
do
144.99
Special trade contractors
do
Transportation and public utilities:
Local and suburban transportation
do
108. 20
M otor freight transportation and storage do
130. 48
109. 08
Telephone communication
do
Electric, gas, and sanitary services
do
131. 24
Wholesale and retail trade. _
do
76.53
Wholesale trade
do
106. 49
Retail trade.—.
do
66.61
Finance, insurance, and real estate:
Banking
do
79.24
Insurance carriers
do
95.86
Services and miscellaneous:
Hotels, tourist courts, and motels
do
51.17
Laundries, cleaning and dyeing plants, .do
58.98
Average hourly gross earnings per production
worker on payrolls of nonagric. estab.:f
All manufacturing establishments!
dollars..
2.61
2.50
Excluding overtimed11
do
Durable goods industries 1.
do
2.79
Excluding overtimed
do
2.67
Ordnance and accessories
do
3.14
Lumber and wood products
do
2.17
Furniture and fixtures _ _ .
do
2.12
Stone, clay, and glass products.. , _
do
2.62
Primary metal industries
.do
3.18
Blast furnaces, steel and rolling mills, .do
3.46
Fabricated metal products
.
do
2.76
Machinery
do
2.96
Electrical equipment and supplies
do
2.58
Transportation equipment 9 . _
do
3.21
Motor vehicles and equipment
do
3.34
Aircraft and parts
do
3.14
Instruments and related products
do
2.62
Miscellaneous infg. industries
do
2.14
Nondurable goods industries
do
2.36
Excluding overtimed1
do
2.27
Food and kindred products
do
2.43
Tobacco manufactures
do
2 09
Textile mill products...
do
1,87
Apparel and related products
do
1.83
Paper and allied products
do
2.65
Printing, publishing, and allied ind
do
3.06
Chemicals and allied products .
do
2.89
Petroleum refining and related ind,_ do
3.28
Petroleum refining
do__.
3.47
Rubber and misc. plastics products
do
2.61
Leather and leather products
do
1.88
Nonmanufacturing establishments:!
Mining9
do
2.92
Metal mining.. _ _
do
3.06
Coal mining. .
do
« 3 45
Crude petroleum and natural gas
do
2.74
Contract construction
do
3.69
General building contractors
do
3.55
Heavy construction
do
3.38
Special trade contractors
do
3.94
Transportation and public utilities:
Local and suburban transportation
do
2.57
Motorfreightiransportationandstorage.do
3.07
Telephone communication
do
2.70
Electric, gas, and sanitary services
do
3.17
Wholesale and retail trade
do
2.03
Wholesale trade...
do
2.61
Retail trade. _
do
1.82
Services and miscellaneous:
Hotels, tourist courts, and motels
do
1.35
Laundries, cleaning and dyeing plants do
1.52
'Revised.
v Preliminary.
« Average for 11 n lonths.
tSee corresponding note, bottom p. S-13.




98.49
103.82
84.97
82.12
68.80
119. 35
122. 61
125, 46
144. 58
111.72
74.88

96.88
101. 66
84.64
81.22
69.37
117.34
121. 06
122. 64
141. 62
110. 46
73.92

96.96
102. 21
86.49
79.90
67.51
117. 50
120. 82
124. 66
145. 69
110. 62
73.33

98.33
103. 89
86.94
81.45
68.26
119. 03
122. 22
124. 49
145. 61
111.57
74.88

99.23
104. 24
88.55
84.35
68.63
120. 18
122.54
125. 76
145. 95
111.30
76.05

99.14
105. 59
87.23
81.76
67.88
120. 50
121. 83
126.00
147.06
110.27
74.49

99.23
103. 34
82.68
83.36
70.11
120. 77
122. 85
125. 70
142. 72
111.04
75.85

99.54
104.92
83.41
83.38
67.83
121.92
125. 12
127. 14
146.80
114.21
74.09

99.94
104.08
81.93
83.20
70,64
121.37
125. 51
127. 56
145.43
113. 52
74.68

100.10
104.90
81.24
83.21
70.25
121. 37
124. 87
128.29
146. 70
112. 98
76.03

100.25
106. 14
88.29
82.20
69.87
120. 81
125. 51
127. 98
145. 67
112.71
76.82

99.40
99.18 100.08
106.08 '105.18 ' 106. 52
83.16
82.08 ' 87. 89
81.61 ' 80. 60 80.80
70.40
71.04 ' 71. 80
119.84 118. 44 ' 119. 43
123.59 r 123.33 ' 124. 68
126. 16 125. 25 ' 127. 19
144.90 T 147. 97 '151.30
111.51 108. 95 '110.16
77.79 '76.13 75.85

100.47
106.80
88.92
81.20
71.80
119. 57
123.97
127.80
153.87
110. 57
74.57

130. 24
133. 77
145. 86
122. 26
145. 51
135. 76
145. 14
152. 44

127. 37
129. 79
143. 44
121. 69
143. 26
134. 32
139. 47
150. 26

121. 72
133. 88
111.52
122. 41
140. 59
131. 74
137. 94
148. 15

130. 85
132. 51
152. 31
121. 84
141. 71
132. 09
137. 07
150. 88

132. 80
134. 93
153.41
121. 70
146. 69
135. 05
150. 45
153. 38

131. 46
135. 79
145. 70
123. 70
150. 15
137. 27
154. 07
156. 59

131.58
134. 62
149.33
121. 84
149. 38
138. 00
152. 34
155. 70

133. 73
136. 64
151. 00
123. 68
151.67
140. 56
156.09
157. 88

134. 78
135. 14
156.98
123.68
152. 08
141. 70
155. 55
157. 96

131.66
135. 24
146. 20
124. 53
143. 39
136. 26
138. 16
151. 20

133. 45
136.53
155. 91
124. 49
148. 06
140. 84
141.29
155.72

133.67
136. 32
153.38
127.08
148. 77
140. 48
142. 16
156.77

131.04 ' 131. 77
136.00 137.92
'145.73 143. 91
' 126. 42 127. 14
142.84 146. 46
135. 10 138. 19
'138.87 140.40
•• 150. 38 153.85

134.83

112. 52
135.15
113.27
136. 95
79.02
111.11
68.57

109. 36
131.88
111.63
133. 95
77.86
109. 48
67.12

111.83
131.36
111.08
133.99
78.23
110. 43
67,47

113. 52
133. 14
111.63
135. 14
78.60
111.11
67.64

113. 52
137. 06
113. 15
134. 72
79.45
110. 70
69.14

114. 59
136. 42
114.12
139. 35
80.94
112.20
70.48

113.63
136. 63
112. 33
136. 54
80.73
111.38
70.11

112. 83
138. 78
114.11
137. 86
79.92
111.93
69.09

115.56
138. 14
114.24
141. 20
79.86
112.74
68.87

114. 75
136. 43
117. 03
140. 53
79.79
112. 87
68.64

113.28
137. 82
115.31
140.11
80.14
114.52
69.65

112.88
132.80
112. 97
139. 18
80.30
114.09
69.15

113. 71
134.60
114. 62
' 141. 44
' 80. 59
'114.05
' 69. 10

114.81
134.69
112. 79
139. 67
80.81
114. 74
69.30

82.21
99.32

81.84
98.85

82.21
98.85

82.21
98.69

81.18
99.06

82.43
99.80

82.21
99.32

82.14
99.70

82.81
100.44

82.73
100.81

83.78 '85.04
101. 08 100.74

85.19
102. 67

85.04
102. 49

53.34
61.12

52.13
59.82

52.36
60.04

52.97
61.44

52.68
62.15

53.72
61.76

53.58
60.74

53.73
61.88

55.06
62.65

54.83
61.99

55.35
62.87

55. 05
55.63
62.79 ' 62. 02

56.09
63.24

2.71
2.59
2.89
2.75
3.20
2.27
2.20
2.72
3.28
3.58
2.87
3.08
2.64
3.33
3.44
3.30
2.70
2.22
2.45
2.35
2.52
2.19
1.96
1.89
2.75
3.16
2.98
3.41
3.60
2.66
1.94

2.68
2.56
2.86
2.72
3.17
2.19
2.17
2.68
3.25
3.56
2.84
3.06
2.61
3.28
3.37
3.26
2.68
2.21
2.41
2.32
2.51
2.21
1.92
1.88
2.71
3.12
2.92
3.38
3.57
2.63
1.92

2.70
2.58
2.88
2.74
3.17
2.25
2.17
2.71
3.28
3.59
2.85
3.06
2.62
3.29
3.41
3.25
2.69
2.21
2.43
2.33
2.53
2.27
1.93
1.87
2.72
3.13
2.94
3.42
3.62
2.64
1.94

2.70
2.58
2.88
2.74
3.18
2.27
2.19
2.71
3.28
3.59
2.86
3.08
2.63
3.28
3.37
3.29
2.69
2.21
2.44
2.34
2.54
2.27
1.93
1.87
2.73
3.15
2.95
3.41
3.61
2.65
1.94

2.71
2.58
2.88
2.74
3.18
2.28
2.20
2.72
3.29
3.60
2.85
3.08
2.63
3.30
3.39
3.30
2.70
2.21
2.45
2.34
2.53
2.30
1.98
1.87
2.75
3.15
2.98
3.41
3.62
2.65
1.94

2.71
2.59
2.88
2.74
3.18
2.29
2.19
2.71
3.29
3.61
2.85
3.06
2.62
3.30
3.40
3.30
2.69
2.20
2.46
2.35
2. 52
2.32
1.97
1.87
2.77
3.14
3.00
3.42
3.63
2.67
1.91

2.70
2.57
2.87
2.73
3.21
2.30
2.21
2.73
3.28
3.59
2.86
3.07
2.62
3.31
3.42
3.32
2.69
2.20
2.45
2.34
2.49
2.17
1.98
1.90
2.77
3.15
3.00
3.39
3.58
2.65
1.94

2.74
2.61
2.93
2.78
3.23
2.33
2.23
2.75
3.32
3.61
2.91
3.11
2.66
3.40
3.54
3.33
2.72
2.23
2.47
2.36
2.51
2.08
1.99
1.90
2.79
3.20
3.02
3.43
3.62
2.70
1.96

2.75
2,62
2.94
2.79
3.23
2.33
2.24
2.76
3.31
3.59
2.91
3.12
2.66
3.41
3.55
3.35
2.73
2.23
2. 48
2.37
2.52
2.09
2.00
1.93
2.79
3.21
3.03
3.43
3.60
2.69
1.96

2.76
2.63
2.94
2.80
3.23
2.30
2.24
2.77
3.31
3.58
2.91
3.13
2.67
3.40
3.52
3.37
2.73
2,25
2.49
2.39
2.54
2.11
2.01
1.93
2.79
3.21
3.04
3.46
3.64
2.69
1.98

2.77
2.65
2.95
2.82
3.25
2.28
2.26
2.77
3.30
3.56
2.93
3.15
2.68
3.41
3.53
3.36
2.75
2.28
2.50
2.40
2.57
2.18
2.00
1.93
2.79
3.21
3.04
3.46
3.63
2.69
1.98

2.78
2.67
2.95
2.83
3.25
2.29
2.26
2.76
3.31
3.58
2.93
3.15
2.69
3.40
3.50
3.37
2.75
2.32
2.51
2.42
2.60
2.20
2.01
1.95
2.80
3.21
3.04
3.50
3.67
2.70
2.01

2.78
2.68
2.96
2.84
'3.23
2.32
2.26
2.77
3.30
'3.56
2.93
'3.16
'2.71
3.38
3.46
3.38
'2.77
2.33
2.53
2.44
2.61
2.28
2.01
1.99
2.80
3.22
3.04
'3.54
'3.71
2.69
'2.03

2.79
2.68
2.96
2.84
'3.22
'2.32
2.27
2.78
'3.31
3.59
2.93
3.16
2.71
3.37
3.45
'3.39
2.76
2.34
2.54
2.45
2.63
'2.35
2.01
2.00
2.81
3.23
'3.05
'3.56
'3.75
'2.70
'2.05

3.05
3.17
•3.61
2.87
3.87
3.74
3.54
4.12

O QQ

& 12
3.49
2.83
3.80
3.65
3.41
4.05

2.94
3.15
3.40
2.86
3.81
3.68
3.44
4.07

3.05
3.14
3.67
2.86
3.83
3.70
3.47
4.10

3.06
3.16
3.67
2.85
3.83
3.69
3.54
4.09

3.05
3.18
2.87
3.85
3.70
3.55
4.11

3.06
3.19
3.66
2.86
3.89
3.75
3.61
4.13

3.11
3.20
3.71
2.91
3.96
3.83
3.69
4.21

3.12
3.21
3.72
2.91
3.95
3.84
3.66
4.19

3.12
3.22
3.72
2.93
3.95
3.86
3.57
4.20

3.14
3.22
3.73
2.95
3.98
3.88
3.55
4.22

3.16
3.20
3.75
2 9Q

4! 01
3.87
3.59
4.26

3.15
3.20
'3.68
'3.01
3.99
3.86
3.57
'4.26

'3.16
3.23
3.69
3.02
'3.98
3.86
3.51
4.25

2.66
3.18
2.79
3.30
2.13
2.73
1.91

2.61
3.14
2.77
3.25
2.11
2.69
1.88

2.65
3.15
2.77
3.26
2,12
2.72
1.89

2.64
3.17
2.77
3.28
2.13
2.73
1.90

2.64
3.18
2.78
3.27
2.13
2.72
1.91

2.69
3.18
2.77
3.31
2.13
2.73
1.91

2.68
3.17
2.76
3.29
2.13
2.73
1.90

2.68
3.22
2.79
3.33
2.16
2.75
1.93

2.70
3.22
2.80
3.37
2.17
2.77
1.94

2.70
3.21
2.82
3.37
2.18
2.78
1.95

2.71
3.22
2.89
3.36
2.16
2.80
1.94

2.72
3.20
2.86
3.37
2.20
2.81
1.97

'2.74
3.22
2.88
'3.40
'2.22
'2.83
1.98

2.74
3.23
2.87
3.39
2.22
2.84
1.98

1.43
1.60

1.39
1.57

1.40
1.58

1.42
1.60

1.42
1.61

1.41
1.60

1.41
1.59

1.46
1.62

1.48
1.64

1.49
1.64

147. 26

80.95
115.83
69.45

2.80
2.70
2.97
2.86
3.22
2.35
2.28
2.80
3.31
2.94
3.15
2.72
3.39
3.48
3.39
2.76
2.33
2.55
2.46
2.65
2.34
2.02
2.00
2.82
3.22
3.05
3.57
3.76
2.71
2.06
3.18

3.98

2.23
2.86
1.99

1.52
1.52
1.50
1.50
1.70
1.69
1.67
1.65
cfD erived b y assum ing that overtinwj hours a ire paid at the rgite of tinie and one-half.
9Iricludes d ata for in dustries ilot show n separately.

SURVEY OF CURRENT BUSINESS

S-16
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

1966

1965

May 1967

Annual

Mar.

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

3.710
5.330

3.720
5.335

3.748
5.355
1.33

3.752
5.364

3.757
5.371

Mar.

Apr.

EMPLOYMENT AND POPULATION—Continued
1

HOURS AND EARNINGS!— Continued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
Common labor
$perhr._
Skilled labor
do _
Farm without board or rm 1st of mo
do
Railroad wages (average, class I)
do
LABOR CONDITIONS
Help-wanted advertising, seas, adj ... 1957-59= 100. .
Labor turnover in manufacturing estab.: f
Accession rate, total, .mo. rate per 100 employees. .
Seasonally adjusted
.
do
New hires
.
do
Separation rate, total.
do
Seasonally adjusted
do
Quit
.
__.do
Layoff
do
Seasonally adjusted
do
Industrial disputes (strikes and: lockouts):
Beginning in period:
Work stoppages
number
Workers involved
. . . thous__
In effect during month:
Work stoppages
number
Workers involved
- - thous.
M^an-days idle during period
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
Nonfarm placements
. thous
Unemployment insurance programs:
Insured unemployment, all programs©
do
State programs:
Initial claims
. .
do
Insured unemployment, weekly avg
do _
Percent of covered employment: d"
Unadjusted
Seasonally adjusted
Beneficiaries weekly average
thous
Benefits paid
mil. $.
Federal employees, insured unemployment,
weekly average
thous
Veterans' program (UCX):
Initial claims
...
-do
Insured unemployment, weekly avg_..do
Beneficiaries weekly average
do
Benefits paid
mil. $
Railroad program:
Applications
thous
Insured unemployment, weekly avg do
Benefits paid
mil $

3.533
5.108
1.28
3.083

3.567
5.141

3.644
5.213

3.083

3.075

3.415
4.951
1.14
13.008

3,623
5.207
1.23

155

190

201

189

185

184

186

189

189

193

194

193

189

190

"185

4.3

4.8

3.1
4.1

3.8
4,6

4.9
5.2
3.7
4.1

4.6
4.8
3.6
4.3

5.1
5.1
4.1
4.3

6.7
5.3
5.6
4.4

1.9
1.4

2.6
1.2

2.3
1.0
1.2

2.5
1.0
1.2

2.5
.9
1.1

2.5
1.0
1.3

5.1
4.6
3.9
5.3
5.0
2.5
2.0
1.7

6.4
5.1
4.8
5.8
4.8
3.6
1.1
1.0

6.1
5.0
4.7
6.6
5.1
4.5
1.0
1.1

5.1
5.1
4.1
4.8
4.5
2.8
1.1
1.0

3.9
4.9
3.1
4.3
4.5
2.1
1.3
1.1

2.9
4.5
2.1
4.2
4.4
1.7
1.8
1.3

4.3
4.6
3.0
4.5
4.6
2.1
1.5
1.4

3.6
4.2
••2.7
'4.0
'4.8
'1.9
1.3
1.5

P2!8
P4.5
P5.1

3,963
1,550

4,200
1,800

310
198

350
228

480
208

430
150

420
235

440
108

380
117

390
193

320
114

150
33

275
98

325
106

430
141

23,300

25, 000

450
236
1,350

500
379
2,450

640
294
2,870

660
243
1,950

660
299
2,980

700
331
3,420

620
221
1,950

630
260
2, 290

550
221
2, 170

360
148
1,810

440
190
1,270

465
151
1,280

575
202
1,490

6,473

6,493

547

533

568

622

549

619

619

592

513

421

440

407

460

1,419

1,123

1,381

1,112

916

841

1,001

980

802

799

955

1,313

1,631

1,654

1,603

12,047
1,328

10, 575
1,061

769
1,301

693
1,044

665
862

690
793

1,019
947

826
928

626
755

709
753

915
903

1,280
1,254

1,346
1,558

1,087
1,582

1,061
1,532

3.0

2.3

1,131
2,166

895
1,771

2.9
2.3
1,272
225.5

2.3
2.2
931
155.5

1.9
2.1
806
126.1

1.8
2.1
702
114.4

2.1
2.4
719
113.8

2.0
2.4
791
143.1

1.6
2.2
640
106.5

1.6
2.1
589
93.7

1.9
2.2
673
114.8

2.7
2.4
902
157.6

3.3
2.4
1,276
224.8

3.4
2.5
1,349
219.5

3.3
2.6
1,374
257.5

3.520
5.097
3.049

3.678
5.238
1.26
3.095

3.693
5.273

3.700
5. 294

3.060

3.098

3.700
5.301
1.18
3.106

3.757
5.374
1.34

p 1.5
pl.7

25

21

26

21

18

18

19

18

16

16

17

20

23

24

22

266
36
34
67.5

182
21
19
39.5

17
27
26
4.6

13
22
21
3.6

12
18
18
2.9

14
17
16
2. 9

17
19
15
2.4

16
19
18
3.2

12
15
14
2.6

13
14
12
2.1

15
16
13
2.4

17
21
16
3.0

19
25
22
4.0

15
25
23

16
24
22
4.2

138
30
60.5

145
20
<39.3

5
26
5.2

6
23
3.6

42
18
3.8

25
15
2.9

18
16
2.1

8
15
2.5

7
16
2.4

6
16
2.1

6
18
2.6

7
19
2.9

11
25
3.5

6
23
3.8

5
23
4.2

3,387
12, 835
2,653
10, 182

3,370
11,778
2,773
9,005

3,359
13, 045
2,977
10, 068

3,457
14,169
3,153
11,016

3,603
13 279
3,089
10, 190

3,601
15 161
3,449
11,712

3,575
15 199
3,781
11,418

3 704
16 034
4,360
11, 674

FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
mil %
Commercial and finance co paper total
do
Placed through dealers
do
Plic(?(l directly (finance paper)
do

3 392
9 058
1 903
7 155

3 603
13 ?79
3 089
10 190

3,388
10, 732
2,066
8,666

Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total end of period
mil $
Farm mortgage loans:
Federal land banks
__ .
do
Loans to cooperatives
do
Other loans and discounts
do

8 080

9 452

4,281
1,055
2, 745

4,958
1, 290
3, 205

Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted: A
Total (233 SMSA's)O
bil. $
New York SMS A
.
do .
Total 232 SMSA's (except N.Y.)
do
6 other leading SMSA 'si
do
226 other SMSA's..
_
. do .

5,151.8
2, 138. 5
3, 013. 3
1, 140.9
1, 872. 4

Federal Reserve banks, condition, end of period:
Assets total 9
mil $
Reserve bank credit outstanding, total 9 ..do
Discounts and advances
do
U.S. Government securities
do
Gold certificate reserves do .
Liabilities, total 9

do

Deposits, total
__
Member-bank reserve balances
Federal Reserve notes in circulation

do
do
.do

Ratio of gold certificate reserves to FR note
liabilities
percent. .
r

l

3,464
11,239
2,253
8,986

3,418
11, 437
2,113
9,324

3,420
10, 769
2,090
8,679

3,369
12, 183
2.361
9, 822

8,570

8,788

8,946

9,145

9,351

9,412

9,406

9,381

9,357

9,452

9,560

9,721

9,937

10, 103

4,477
1,137
2,956

4,553
1,148
3,087

4,647
1,106
3,193

4,725
1,105
3,315

4,788
1,167
3,396

4,853
1,190
3,368

4,900
1,199
3,308

4,926
1,219
3,236

4,938
1,276
3,143

4,958
1,290
3,205

4,986
1,323
3,251

5,036
1,342
3,343

5,111
1,363
3,463

5,175
1,337
3,590

5, 923. 1
2, 502. 2
3, 420. 9
1, 328. 1
2, 092. 7

5, 784. 6
2,411.7
3, 372. 9
1, 313. 6
2, 059. 3

5, 858. 0
2, 501. 5
3, 356. 5
1,281.6
2, 074. 9

5, 909. 2
2, 513. 5
3, 395. 7
1,326.8
2, 068. 9

5, 908. 3
2, 494. 1
3, 414. 2
1,327.0
2, 087. 2

5, 868. 3
2, 394. 1
3, 474. 2
1, 343. 6
2, 130. 6

6, 092. 4
2, 597. 0
3, 495. 4
1, 357. 1
2, 138. 3

6, 105. 2
2, 559. 1
3, 546. 1
1, 387. 2
2, 158. 9

6, 065. 4
2, 551. 8
3,513.6
1, 364. 9
2, 148. 7

6, 078. 5
2, 566, 6
3,511.9
1, 373. 8
2, 138. 1

6, 406. 5
2, 844. 6
3,561.9
1, 405. 1
2, 156. 8

6, 409. 1
2, 847. 3
3,561.8
1, 362. 2
2, 199. 6

6, 294. 9
2, 724. 7
3, 570. 2
1,389.5
2, 180. 7

6,315.9
2, 756. 6
3, 559. 3
1, 386. 8
2, 172. 5

6, 553. 5
2, 854. 0
3, 689. 5
1,451.4
2, 238. 1

65 371

70 332

64, 124

65, 452

64, 797

66, 520

67, 574

66,342

67, 385

67, 257

68, 376

70,332

67, 493

67, 490

67, 385

69, 015

43, 340
137
40, 768
13, 436

47, 192
173
44, 282
12, 674

42, 840
327
40, 734
13, 204

43, 285
452
40, 713
13, 190

43, 940
441
41,480
13, 092

44, 656
292
42, 169
12,993

45, 816
877
42,380
12, 890

44, 450
386
42, 518
12, 788

45, 475
773
42, 907
12, 779

45, 501
410
42, 975
12, 776

46, 281
458
43, 912
12, 667

47, 192
173
44, 282
12, 674

45, 602
71
43, 464
12, 678

45, 799
165
43, 971
12, 626

46, 507
42
44,908
12,611

47, 264
54
45, 460
12, 604

65 371

70, 332

64, 124

65, 452

6*, 797

66, 520

67, 574

66, 342

67, 385

67, 257

68, 376

70, 332

67, 493

67, 490

67, 385

69, 015

20, 083
18, 567
38, 258

21,354
19, 155
38,583

19, 591
17,399
38, 660

20, 887
19, 538
38, 623

20, 767
19, 338
38, 759

19, 987
19, 093
39, 581

20, 972
19, 794
40, 196

20, 171
18, 773
39, 216

19, 879
18, 916
39, 115

20, 561
19, 148
39, 013

21, 353
19,410
39, 070

34.0

33.4

33.1

33.1

33.0

32.0

31.5

32.3

32.3

32.3

32.3

19. 620
18, 447
37. 950

20, 972
19, 794
40, 196

19, 233
18, 000
37, 432

19,841
18, 736
37, 536

19, 673
18, 119
37, 880

35.4

31.5

35.3

35.1

34.6

llevised.
p Preliminary.
Includes adjustments not distributed by months.
§Wages as of May 1, 1967. Common labor, $3.832; skilled labor, $5.464.
fSee corresponding note, bottom of p. S-13.
©Excludes persons under extended duration provisions.
d*Tnsured
unemployment as % of average covered employment in a 12-month period.
e
Corrected,




ARevised series.
OTotal SMSA's include some cities and counties not designated as SMSA's.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los
Angeles-Long Beach.
9 Includes data not shown separately.

SURVEY OF CUREENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

End of year

S-17

1966

1966

1965

Mar.

Apr.

May

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

22,317
338
728
-390

22, 842

23,031
302
733
-431

22,862
389
611
-222

23,830
23,438
392
557
-165

24,075 r23, 709
23,702 '23,351
373
358
389
362
-16
-4

Feb.

Mar.

Apr.

23, 405
22, 970
'435
199
'236

23,366
23 057

FINANCE—Continued
BANKING— Continued
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total
- .
mil. $__
Reouired
do
Excess
do
Borrowings from Federal Reserve banks. __do
Free reserves
__
do
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:©
Deposits:
Demand adjustedcf
mil. $
Demand total 9
do
Individuals, partnerships, and corp
do
State and local Governments
., .do
TJ S Government
do
Domestic commercial banks
do
Time, total 9
do
Individuals, partnerships, and corp.:
Savings
do
Other time
- do..
"Loans (adjusted) , totalc?
do
Commercial and industrial..
.
do._ .
For purchasing or carrying securities
do
To nonbank financial institutions
do
Real estate loans
do
Other loans
do
Investments, total
do
U.S. Government securities, total
. - do_ .
Notes and bonds
do
Other securities
do
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas. adj.:t
Total loans and investments O
bil . $ _ .
Loans O
- - do
U.S. Government securities
do___
Other securities
- do
Money and interest rates: §
Bank rates on short-term business loans:
In 19 cities
..
- percent per annum
New York City
do
7 other northern and eastern cities
do
11 southern and western cities
do

1

22, 719
i 22, 267
1452
1454
i -2

1
1

23,830
23, 438
^392
1557
1
-165

22, 160
21, 855

22, 528
22, 170

22, 487
22, 117

22, 212

551
-246

626
-268

722
-352

674
-352

305

358

370

322

22,686
404
766
-362

398
766
-368

r
r

309
134
175

75,901
110, 201
81, 070
5,854
4,059
12,399
85,298

75, 120 72, 494 74, 142 71, 914 71, 424 70, 784 71, 358 71, 189 72,609 73, 134 75, 120 73, 703 72,600 72, 841 71 484
114,765 103, 957 107, 929 109, 492 109, 039 105, 648 104, 648 104, 851 107, 531 108, 956 114,765 111, 768 109, 635 106, 592 110 455
83, 108 76, 151 79, 132 77, 590 75, 955 76,037 76, 720 76, 248 77, 640 79, 482 83,108 79, 215 79, 254 77, 469 77,831
6,624
6,172
5,996
5,748
5,706
6,310
6,137
6,538
5,956
6,771
6,113
6,310
6,137
5,937
6,229
4,313
3,180
4, 515
3,463
7,767
2,782
5,032
3,882
4,263
3,355
2,944
3,479
3,882
3 752
6 150
13, 838 11,511 11, 799 12,686 11, 857 12, 266 12, 058 11, 710 12, 692 13, 077 13,838 13, 481 13, 236 12, 462 12 927
91,
168
91,
398
90,523
88,
879
88,527
90,
327
89,
639
90,
152
89,
204
92, 985 94, 240 96 133 96 569
89, 639 88, 363

50, 694
22, 111
125, 789
53, 113
6,633
11,187
25, 577
34, 917
52,811
26,638
21 591
26, 173

47 213 50, 624 48, 825 48, 540 48, 526 47,500 47, 342 47, 351 47, 076 47, 038 47, 213 46, 459 46,609 47 098 46 970
29 002 25, 169 27, 133 28,295 28, 711 30,649 30,882 30, 327 29, 220 28, 967 29,002 32, 425 33, 024 34 039 33, 769
134 761 127, 397 128, 547 130, 800 133, 125 132, 563 131, 426 132, 202 132, 176 131, 741 134, 761 133, 268 132, 359 133 027 134, 237
60, 779 55, 231 55,063 56, 416 58, 279 59,039 58,306 59, 440 59, 723 60, 042 60, 779 60, 385 60, 730 61, 962 62,643
6,145
6,501
5,826
6,975
5,708
5,339
6,869
6,979
6,691
7,419
6,799
6,223
6,901
6,691
6,642
9,942
9,723
11 228 10 916 11, 109 11, 249 11,946 11, 347 10, 457 10, 825 10, 645 10, 349 11, 228 10, 280
9 612
27,
207
26,
939
27,403
27,
517
27,
561
26,
481
26,
701
27,
492
26,
231
27,290 27, 168 27, 131 27,087
27, 492 26,042
34 729 35 034 34, 794 35, 877 35,329 34, 605 35, 321 34, 424 34,042 34, 657 34,729 34 235 33, 808 33 852 34 073
51 509 49 800 50, 981 50, 026 50, 353 49, 882 50, 966 50, 719 49, 670 49, 915 51, 502 53 163 54, 147 56 038 56 033
?4 803 23 742 24, 189 23,006 22, 531 22, 340 23, 527 23,180 22, 863 23, 491 24, 803 25 758 25, 629 26 770 25, 326
19 816 19 993 20 147 19, 535 19, 662 19, 639 19, 296 19, 081 18,991 19,637 19 816 20 246 21 058 21 248 21 446
26 699 26 058 26 792 27, 020 27, 822 27, 542 27, 439 27, 539 26, 807 26, 424 26 699 27 405 28 518 29 268 30, 707

294.4
192.0
57.7
44 8

2 310. 7
2 208 2
54.3
248 3

3
3

300.3
198 6
56 0
45 7

302.9
200.8
55.9
46.2

304.9 2 307. 7
202.3 2 204. 0
55.1
55.1
2 48. 6
47.4

309.2
206.4
54.4
48.5

310.8
206.6
56.1
48.1

308.7
206.1
54.3
48.3

308.1
207.3
52.4
48.4

308.4
207.3
52.9
48.3

310.7
208.2
54.3
48 3

314.5
211 3
53.8
49 5

316.2
210.7
54.9
50.7

321.5
212 1
57 6
51 9

323.8
214.1
56.4
53 3

35.06
3
4.83
35.09
3
5 34

6.00
5 84
3 6 06
3
6 14

5.55
5 41
5 58
5 70

4.50
34.94
3 5.43

3
3

4.50
5 82
5.72

4.50
5.40
5.48

4.50
5.53
5.49

4.50
5.65
5.52

4.50
5.68
5.60

4.50
5.91
5.93

4.50
5.99
5.96

4.50
6.13
5.96

4.50
6.29
5.96

4.50
6.33
5.96

4.50
6.38
5.96

4.50
6.38
5.96

4.50
6.38
5.96

4.50
6.17
5.96

4.00
6.03
5.96

35.76
35.89

36.11

3 6 24

5.90
6.01

5.99
6.09

6.02
6.16

6.07
6.18

6.12
6.24

6.18
6.35

6.22
6.40

6.32
6.49

6.40
6.50

6.44
6.52

<6.47
46.54

6.44
6.49

6.42
6.44

6.38
6.38

5.82
5 65
5.86
6 00

6.30
6.13
6.40
6 42

6.31
6 16
6.38
6 46

Discount rate (N.Y.F.R. Bank), end of year or
month
percent-Federal intermediate credit bank loans
do
Federal land bank loans
do
Home mortgage rates (conventional 1st mortgages) :
New home purchase (U.S. avg.)
percent ._
Existing home purchase (U.S. avg.) .. do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days) _ _.do
Commercial paper (prime, 4-6 months)._do
Finance Co. paper placed directly, 3-6 mo.do
Stock Exchange call loans, going rate
do
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent ..
3-5 year issues
do

3 4. 22
s 4. 38
s 4. 27
M.69

5 5.36
s 5.55
55.42
55.78

4.96
5.21
5.02
5.41

5.00
5.38
5.25
5.50

5.18
5.39
5.38
5.50

5.39
5.51
5.39
5.52

5.58
5.63
5.51
6.00

5.67
5.85
5.63
6.12

5.75
5.89
5.67
6.25

5.72
6.00
5.82
6.25

5.67
6.00
5.88
6.25

5.60
6.00
5.88
6.25

5.23
5.73
5.50
6.20

4.88
5.38
5.19
5.75

4.68
5.24
5.01
5.75

4.29
4.83
4.57
5.75

s 3. 954
5 4 22

5 4. 881
5 5 if.

4.626
4 94

4.611
4.86

4.642
4.94

4.539
5.01

4.855
5.22

4.932
5 58

5.356
5 62

5.387
5 38

5.344
5.43

5.007
5 07

4.759
4 71

4.554
4 73

4.288
4 52

3.852
4 46

Savings deposits, balance to credit of depositors:
N.Y. State savings banks, end of period
mil. $-U.S. postal savings t
do.

30,312
309

32,025
122

30, 797

30,496
277

30, 581

30, 716

30, 868

182

31,006
169

31, 290

31, 398

31, 590

32, 025

32, 341

32, 564

102

92

83

90, 070
71, 194
30, 402
17, 959
3,677
19, 156

90, 650
71,862
30, 680
18, 165
3,711
19, 306

91,483
72, 640
30, 918
18,390
3,755
19, 577

91, 639
72, 829
30, 793
18, 564
3,771
19, 701

91,899
73 073
30 852
18,714
3 770
19 737

92, 498
73, 491
30, 937
18, 945
3,772
19, 837

94, 786
74 656
30 961
19,834
3 751
20 110

93, 479
74 015
30,689
19, 649
3,703
19 974

92 517
73 598
30 530
19, 426
3 666
19 976

92, 519
73 591
30, 527
19, 369
3,648
20 047

63, 097
31,013
16, 454
8,009
5,742
1,879
8,097

63, 745
31,398
16, 585
8,093
5,791
1,878
8,117

64, 454
31, 737
16,732
8,238
5,846
1,901
8,186

64, 613
31,778
16, 759
8,324
5,858
1,894
8,216

64 792
31,878
16 771
8,391
5 863
1,889
8,281

65,046
31,978
16,790
8,480
5,881
1,917
8,445

65 565
32 155
16 936
8, 549
6 014
1 911
9 091

65, 162
32, 033
16, 814
8,443
5,969
1,903
8,853

64 966
31, 967
16 696
8,429
5 965
1,909
8,632

65 006
32, 068
16, 593
8,485
5,951
1,909
8,585

480

485

489

487

489

490

490

488

485

486

18, 876
7 901
6 767
1.134

18, 788
7,844
6, 720
1.124

18, 843
7,849
6,718
1.131

18,810
7 814
6,692
1.122

18,826
7 768
6 656
1.112

19,007
7 807
6,678
1.129

20, 130
7 844
6 714
1.130

19, 464
7,779
6,659
1.120

18, 919
7 754
6,634
1.120

18, 928
7,769
6, 647
1.112

292

230

192

159

147

140

133

109

CONSUMER CREDIT*
(Short- and Intermediate-term)
Total outstanding, end of year or month
mil. $
87, 884
94 786 87, 059 88, 184 89, 092
74 656 68,827 69, 543 70, 209
Installment credit, total
do
68, 565
Automobile paper. _ _. _ .
.
- do
28, 843
30 961 29, 248 29,597 29, 908
Other consumer goods paper
do
17, 693
19 834 17, 450 17, 597 17, 732
3,602
Repair and modernization loans
do
3,642
3,597
3,675
3 751
Personal loans
..
do
18 354
20 110 18, 532 18, 747 18, 927
By type of holder:
Financial institutions, total
do
60 273
65 565 60, 863 61, 539 62, 178
Commercial banks
._
do_ . _ 29, 173
32 155 29, 684 30,127 30, 507
Sales finance companies ..
do
16, 138
16 936 16, 106 16, 191 16, 263
7,711
Credit unions
_.
do .
7,839
7,512
7,593
8 549
5,670
Consumer finance companies
do
5 606
5,695
5 630
6 014
1,840
Other.
.. .
.
do
1,874
1,844
1,850
1 911
8,004
Retail outlets, total. . .
do
8,292
7,964
8,031
9 091
Department stores
. __ _ _ do_
4,488
Furniture stores
do_-_
1,235
472
466
Automobile dealers
do
447
459
490
Other
. . do
2,122
Noninstallment credit, total. ...
_ _ do
19, 319
20 130 18, 232 18,641 18, 883
Single-payment loans, total
do
7 836
7 925
7 795
7 682
7 844
6,717
Commercial banks
do
6,784
6 676
6 587
6* 714
1.141
Other financial institutions
do
'
1. 095
1.119
1.119
l!l3fl
r
Revised.
1
2
Average for Dec.
Effective with the June 9 change in Federal Reserve regulations,
data exclude loan balances accumulated for payment of personal loans (about $1.1 bil.); beginning
June
30,
about
$1
bil.
of certificates, formerly in "other loans," are in "other securities."
s
Average for year.
* Beginning
Jan. 1967, data are on a new basis; they are not comparable
8
with earlier figures.
Daily average.
©All data shown reflect changes in coverage and format; comparable data for July-Dec.
1965 appear in the Mar. 1967 issue of Federal Reserve Bulletin. Revisions for 1966 reflect adjustments for mergers (Jan. and Feb. data will be shown later).
cfFor demand deposits, the term "adjusted" denotes demand deposits other than domestic




commercial interbank and U.S. Government, less cash items in process of collection; for
loans, exclusive of loans to domestic commercial banks and after deduction of valuation
reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
9Includes data not shown separately.
^Revised monthly data for commercial bank credit
prior to June 1965 appear on p. 28 of the Nov. 1966 SURVEY; those for consumer credit prior
to Mar. 1965 appear in the May 1966 Fed. Reserve Bulletin.
OAdjusted to exclude interbank loans.
§For bond yields, see p. S-20.
HMonthly data are as of the following dates:
1966—Mar. 25; Apr. 22; May 20; June 30; July 15; Aug. 12; Sept. 9; Oct. 7; Nov. 4; Dec. 2;
1967—Jan. 27; Feb. 24; Mar. 24; Apr. 21.

SURVEY OF CUKRENT BUSINESS

S-18
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

May 196,7

1966

Annual

May

Apr.

Mar.

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar

5,973

5,993

6,107

6 199

7,144

6,472

5,824

5 809

Apr.

FINANCE—Continued
CONSUMER CREDIT§— Continued
Total outstanding, end of year or month— Con.
Noninstallment credit— Continued
Charge accounts, total
mil. $_
Department stores
do
Other retail outlets
do
Credit cards
do
Service credit
.
_ do
Installment credit extended and repaid:
Unadjusted:
Extended, total
do
Automobile paper
_
_
.do. _
Other consumer goods paper
do
All other
do
Repaid, total
do
Automobile paper
_
do_
Other consumer goods paper
do
All other
do
Seasonally adjusted:
Extended, total
_
do
Automobile paper
do
Other consumer goods paper .
do_ All other _ _ .
_
_
._do-_Repaid, total
do
Automobile paper
do
Other consumer goods paper
_ . do_..
All other..
.
do
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public: d"
Receipts from
mil. $
Payments to
do. .
Excess of receipts, or payments (— )
__do
Seasonally adjusted, quarterly totals: J
Receipts from
do
Payments to
do
Excess of receipts, or payments (— )
do
Receipts and expenditures (national income and
product accounts basis), qtrly. totals, seas,
adj. at annual rates: *
Receipts
bil $
Expenditures
do
Surplus, or deficit (— )
do
Budget receipts and expenditures:
Receipts, total
mil. $
Receipts, netl
.. _ _
do
Customs
.-_
do
Individual income taxes
do
Corporation income taxes
do
Employment taxes
- do
Other internal revenue and receipts . do
Expenditures, totalf
do...
Interest on public debt .
do
Veterans' benefits and services
. do.._
National defense
_. .
do
All other expenditures..
... .
do
Public debt and guaranteed obligations:
Gross debt (direct), end of yr. or mo., total-bil. $..
Interest bearing, total
do
Public issues..
. .
do
Held by U.S. Govt. investment accts.do
Special issues
.
do
Noninterest bearing and matured
do
Guaranteed obligations not owned by U.S. Treasury, end of year or monthbil. $._
U.S. savings bonds:
Amount outstanding, end of yr. or mo.. .do
Sales, series E and II
do
Redemptions - - . _ _ .
.do

i 6, 746
1
968
5 055
1
723
i 4, 891

* 7, 144

5,393

1874
5, 142

765

788

824

5,044

861

5,003

898

874

895

5,056

5,021

908

5,098

5,067

878

5, 135

4,951

5,001

5,142

5,213

5,341

5 350

75, 508
27, 914
21, 454
26, 140
67, 495
24, 267
19, 355
23, 873

78, 896
28, 491
23, 502
26, 903
72, 805
26, 373
21, 361
25 071

6,865
2,676
1,890
2,299
6,317
2,322
1,826
2,169

6,658
2,486
1,874
2,298
5 942
2,137
1,727
2,078

6 694
2,526
1,898
2 270
6 028
2,215
1,763
2 050

7,236
2,746
2,013
2,477
6,251
2,252
1,786
2,213

6,670
2,466
1,945
2,259
6,002
2,188
1,739
2,075

7,025
2,543
2,023
2,459
6,247
2,305
1,798
2,144

6,189
2,070
1,935
2,184
6,000
2,195
1,761
2,044

6,403
2,369
1,949
2,085
6,159
2,310
1,799
2,050

6 611
2,346
2,044
2,221
6,193
2,261
1,813
2 119

7 442
2,178
2,720
2 544
6 277
2,154
1,831
<> 092

5,674
1,923
1,808
1,943
6,315
2,195
1,993
2,127

5,488
1,916
1,655
1,917
5,905
2,075
1,878
1,952

6 641
2,350
1,985
2 306
6 648
2,353
2,042
2 253

6,673
2,479
1,959
2,235
6,024
2,216
1,708
2,100

6,505
2 302
1,958
2,245
5,974
2 145
1,729
2,100

6,472
2 298
1,933
2,241
5,979
2 159
1 784
2,036

6,675
2,419
1,944
2,312
6,126
2,211
1,767
2,148

6,732
2,383
2,050
2,299
6,168
2,238
1,803
2,127

6,689
2,431
1,995
2,263
6,087
2,223
1,792
2,072

6,578
2,387
1,958
2,233
6,103
2,213
1,784
2,106

6,522
2,378
1,941
2,203
6,142
2,244
1,820
2,078

6,657
2,461
1,947
2,249
6,213
2,255
1,836
2,122

6,433
2,297
1,928
2,208
6,112
2, 225
1,796
2, 091

6,501
2,240
2,031
2,230
6,221
2,202
1,882
2,137

6,497
2,177
2,099
2,221
6,281
2,217
1,915
2,149

6,510
2 199
2 049
2,262
6,246
2 193
1 899
2,154

13, 804
12, 086
1,718

11,853
11,325

13 916
12,821
1,095

14, 748
7,523 10, 698 12, 845
13, 150 12,604 13, 654 12, 545
299
1,598 -5, 080 - 2, 955

11, 251
11,641
-390

12, 308
11,852

14 490
13 167
1,323

5,670

5,860

5,908

5,888

1

123 376
127 920
—4, 544

1

145 136
150, 868
-5,731

755

528

8,103 11,764
20, 391
12,053 12,927 15,206
8,338 -4,824 -3, 442

932

456

898

33,684
36,908
-3,224

39 649
35 983
3,666

36 339
40 041
-3, 702

36, 802
37, 820
-1,018

38 839
39 126
—287

141 0
137.1

145.3
145.8

147.9
151.5
-3.6

149 2
r 159 5
10 3

124 9
123 4
16

142 5
142 2

136.0
133.7

124 354
96 679
1,646
56 102
27, 035
17 268
22 303
101 378
11 615
5 151
52 773
32 582

146 863
110, 802
1,930
66, 151
31, 986
24, 059
22, 736
118, 078
12, 752
5,838
64 271
35, 872

15, 701
11,297

13, 072
9,929

168

151

158

172

158

4,376
7,244
2,040
1,873
10, 193
1,035

7,341
2,440
1,320
1,821
8,362
1,013

7,389

3,725

3,615
1,833
9,055
1,025

7,295
8,251
2 719
2,380
9,439
1 068

1,674
1,558
10, 263
1,091

5,600
3,038

4,995
2,078

4,895
2,650

6 303
1 757

i 320. 90
i 315 52
i 1270 26
15 51
1
46 26
i 4.39

i 329. 32
i 325. 02
i 1273. 03
16. 69
i 51. 99
14.30

321. 00
316. 58
270. 62
15.64
45.96
4.42

319. 58
315 22
270 30
15.47
44.92
4.36

322. 36
317. 93
269. 12
15.58
48.80
4.43

i .46

i.49

.46

.47

i 50. 46
4 40
5 44

i 50. 92
4 86
6 00

50.49
.46

50.52
43

3

916

3.8

2.3

525

.54

289

51

13, 746
8,452

20, 817
17, 151

7,993
5,702

10, 586
7,197

179

5,268

14, 833
12, 475

170

7,910
5,811

170

9 819
7,394

12,815
10,606

11, 324
9,386

12,046
7,757

16 527
11 395

6,749

6,212

1,673
1,918
9,987
1,173

3,352
1,713
9,459
1,108

5 016
6,728
2 353
2 261
11,699
1 154

5 758
2 048

6 892
3 113

179

161

160

134

170

3,711

5,303

2,614
1,920
11,042
1,064

6,400
4, 547
1,793
1,924
11,883
1, 086

1,220
2,011
10, 977
1,098

1,868
1,888
10, 386
1,100

4,217
4,636
1,655
2,146
9,512
1,160

4,910
3,851

5,560
4,025

5,973
4,345

5,536
4,122

5 500
3 233

5,911
1,861

6,201
2,238

319. 91
315 43
264. 31
15.50
51. 12
4.48

319. 28
314. 88
264. 18
15.58
50.70
4.40

324. 42
319. 70
266. 46
15.96
53.24
4.72

324. 75
320. 01
266. 95
16.02
53.07
4.73

326. 89
322. 30
270. 41
16.06
51.89
4.59

329.41
324 86
272. 31
16.29
52.55
4.55

329. 32
325. 02
273. 03
16.69
51.99
4.30

328. 87
324. 94
273. 69
16.90
51.25
3.93

329.62
325 69
274. 20
18.04
51. 49
3.93

330. 95
327 01
274 95
18.51
52.06
3.94

327.80
323 88
272 23

.47

.46

.49

.48

.50

.50

.49

.49

.50

.51

.51

.51

50.58
.41

50.63
40

50.70
.41

50.74
.39

50.70
40

50.77
41

50.84
37

50.92
.37

50. 93
.49

51.01
43

51.09
46

51.16
39

751

485

.47

359

49

878

450

.50

606

444

.48

532

.57

797

546

.47

580

555

.41

610

.45

823

467

.63

635

r
r

562

47

548

52

51.65
3.93

45

LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies i
1
160. 80 161. 48 162. 04 162. 51 163. 49 163. 94 164. 49 165. 43 166. 22 166. 94 168.21 168.93
bil. $
158. 88
72.34
71.59
71.65
71.78
Bonds (book value), total
.do
i 70. 15
71.18
71.15
70.98
71.10
71.62
71.87
71.69
72.59
7.50
7.44
Stocks (book value), total.. _ _
do
7.36
7.38
7.31
i 9 13
7.28
7.27
7.29
7.33
7 36
7 58
7 34
65.19
Mortgage loans, total
do
62.97
63.34
64.80
62.10
61.71
i 60. 01
62.55
61.29
63.68
64.35
65.50
64 01
Nonfarm
.
do
59.96
57.78
58.13
59.56
56.98
56.32
56.65
155.19
59.12
57.38
58.46
58.78
60.26
1
4.88
Real estate
....
do
4.88
4.78
4.79
4.74
4 68
4 72
4 74
4 73
4 82
4 84
4 89
4 84
8.29
9.14
9.25
Policy loans and premium notes
do
8.05
8.45
8.16
i 7.68
7.85
7.96
9.00
9.34
8.87
8.67
Cash
do
1.12
1.40
1.49
1.01
* 1.50
1.18
1.02
1.00
1.33
1.10
1 26
.90
1.33
Other assets.
_
do
7.36
7.64
7.43
7.65
7.17
7.74
7.47
15.73
7.63
7.67
7.70
7.31
7.43
Payments to policyholders and beneficiaries in
U.S., total
.. mil. $ 11 416 6 12 342 2 1,139.5
916.2 1, 087. 1 1,022.0
978.7 1, 081. 1
984 2
956 0 1, 309. 8 1, 048. 2
968. 1
993 5
Death benefits
do
406.2
494.2
456.0
425.1
459 1
450 0
416 6
503 0
419 1
421 1
407 0
418 1
4 831 4 5 218 2
73.0
93.2
Matured endowments
_
do
82.8
80.9
88.0
77.6
82.3
79.2
94.8
79.9
80.1
80.0
931.1
981.6
Disability payments
do
13.7
16.1
14.8
14.0
13.0
13.4
13 6
15.2
13 1
16.6
15.0
12.4
163 0
169 3
Annuity payments
.
do
116.5
95.6
92.5
95.3
100.4
98.2
100.3
95.7
98.8
90 9
95.0
1 038 9 1 152 6
94 2
Surrender values.
do
177.7
182.6
193.3
178.2
189.4
196.5
165.0
166.9
178.6
176.9
1 932 3 2 120.6
174. 1
167.1
Policy dividends
do
190.0
427.8
188.0
254. 4
163.0
228.3
200.7
242.8
192.2
2, 519. 9 2, 699. 9
191.6
236.1
211.6
r
Revised.
p Preliminary.
*New series; latest revised data for earlier periods appear in the Aug. 1965 and July 1966
1
End of year; assets of life insurance companies ,re annual statement values,
issues of the SURVEY.
IfData for net receipts and total expenditures reflect exclusion of
§ See note "J" on p. S-17.
cfOther than borrow ng.
JRevisions prior to 1965 for cash
certain interfund transactions.
transactions with the public (seas, adj.) and for Feb. 1964-Feb. 1966 for assets of all life insurance companies will be shown later.




SURVEY OF CURRENT BUSINESS

May 1967
1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

1966

Annual

S-19

Mar.

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :t
Value estimated total
mil. $
Ordinary
do
Group and mass-marketed ordinary
do_
Industrial
do

1142,166
82, 521
' 52,349
7,296

122, 479
88,399
27,270
6,810

11,539
8,167
2,750
622

10,340
7,475
2,291
574

10,107
7,600
1,878
629

10,101
7,624
1,908
569

9,361
6,794
2,041
526

9,778
7,307
1,910
561

9,725
7,052
2,117
556

9,880
7,412
1,878
590

10,095
7,698
1,835
562

14,614
8,230
5,850
534

8,661
6,640
1,481
540

9,707
7,019
2,140
548

12,310'
8,606
3,084
620

15, 176
11,357
2,436
1,383

15,946
11,947
2,644
1,356

1,380
1,058
221
101

1,265
957
206
102

1,321
999
218
105

1,304
995
213
96

1,300
981
217
102

1,339
997
238
103

1,261
954
210
96

1,339
1,013
220
106

1,292
971
221
99

1,657
1,138
280
239

1,328
1,026
196
106

1,272
953
226
93

1,446
1,104
242
99

Gold and silver:
Gold:
13, 159
Monetary stock, U.S. (end of period). ..mil. I.- 13, 733
—50
-198
Net release from earmark §
do
Exports
. .
thous. $ 1,285,097 457,333
42,004
Imports
do
101,669

13,634
20
67, 775
10,766

13,632 13,532 13, 433
26
20
-57
133 101,401 101, 534
1,931
1,781
2,463

13, 332
-61
34, 334
2,426

13, 259 13,258
162
-50
5,800 101, 436
2,432 2,770

13, 257
28
33,943
2,265

13, 159
-36
42
7,922

13, 159
-34
58
2,054

13, 157
-15
170
1,612

13, 107
-23
56
3,348

13, 107
12
285
1,494

Premiums collected:!
Total life insurance premiums
Ordinary
.
Group and wholesale
Industrial..

do
do
do
do.

MONETARY STATISTICS

Production , world total
South Africa
Canada
United States
Silver:
Exports
Imports - -.
Price at New York
Production:
Canadat
Mexico
United States

13,109

mil. $
do
do
do

2-1,440.0
1,069.4
125.6
58.6

1,080.8
114.6

90.5
10.3

90.8
10.3

91.9
10.4

89.3
9.2

89.4
9.3

90.1
9.2

91.7
9.2

89.7
9.1

90.8
8.7

87.7
9.6

89.5
8.7

thous $
do
dol. per fine oz

54,061
64,769
1.293

114, 325
78, 378
1.293

7,929
6,452
1.293

7,358
7,277
1.293

15, 527
5,698
1.293

18, 022
6,629
1.293

6,638
7,055
1.293

14, 273
7,983
1.293

16, 596
6,387
1.293

2,471
6,214
1.293

7,105
5,878
1.293

4,915
5,785
1.293

14, 755
7,494
1.293

thous.fineoz. . 31,917
40, 333
do
do
44,423

32,820

2,583
3,723
3,555

2,792
2,961
3,793

2,694
4,272
5,611

' 2, 773 '2,662
3,767
3,370
4,273 3,049

3,019

2,968

2,966

45,047

2,960
3,736
4,149

3,444

4,513

3,956

3,927

42.1

44.7

41.5

41.5

42.1

42.6

42.7

42.9

42.8

43.1

44.2

44.7

43.4

43.6

162.6
35.3
127.3
137.6
6.3

169.7
37.5
132.2
3153.7
5.0

167.8
36.6
131.3
150.2
4.6

171.6
36.8
134.8
152.2
3.1

166.9
168.8
37.3
37.0
129.9
131.5
153.9 3 154. 1
6.3
7.2

167.9
37.8
130.1
155.8
8.2

166.9
37.9
129.1
157.0
5.2

169.4
37.9
131.5
156.9
4.4

170.1
38.1
132.1
156.6
4.8

171. 0
38.5
132.5
155.6
3.7

175.2
39.1
136.2
156.3
3.5

174.6
38.4
136.2
160.0
4.2

170.0 ' 171. 3
38.3 ' 38.5
132.8
131.7
166.1
163.3
4.9
5.1

173.1
38.6
134.5
168.2
4.8

169.3
36.9
132.3
149.5

170.9
37.2
133.7
151.4

170.2
171.1
37.4
37.3
133.7
132.9
153.0 3 153. 7

169.6
37.7
131.9
155.3

169.6
37.8
131.8
156.6

170.5
37.9
132.6
157.1

169.6
38.0
131.7
156.8

169.2
38.0
131.2
156.8

170.3
38.3
132.1
158.0

169.6
38.5
131.1
160.5

170.4
38.7
131.7
163.2

172.8
'38.9
133.9
165.3

172.1
39.0
133.2
167.3

52.8
109.4
38.3
50.1
33.3

51.3
106.0
37.6
48.5
32.9

52.7
111.8
37.6
47.9
33.2

52.6
109.5
37.8
49.7
32.8

52.2
107.3
38.3
50.4
33.1

52.9
106.9
39.1
51.3
34.0

54.0
111.9
39.0
51.5
33.9

54.2
111.4
39.4
52.1
34.3

54.0
111.2
39.6
52.2
34.3

54.6
111.3
39.6
52.5
33.9

56.9
121.8
40.0
53.2
34.2

57.2
124.7
39.4
50.9
34.8

55.6
119.4
39.4
52.6
34.2

54.8
117.2
39.1
51.2
33.9

57.7
123.0
40.8
54.2
35.1

30, 937
2,102
702

7,229
469
162

8,375
4
525
194

7,400
580
180

7 933
528
166

345
911
3,474
5,055
799
1,298
1,487

68
213
847
1,207
115
294
324

124
241
948
1,228
260
351
440

99
217
856
1,247
251
303
353

54
240
823
1 373
173
350
370

1,395
3,058
2,379

313
680
546

383
858
615

381
772
601

318
748
617

821
3,053
4,058

186
973
833

239
948
« 1,021

199
262
1,097

197
870
1 107

11, 979

12, 958

3,040

3,188

2,985

3,745

2,568

'2,765

758

632

702

673

3,277 '5,091 '7,523

5,253

Currency in circulation (end of period)

bil. $_.

Money supply and related data (avg. of daily fig.) :t
Unadjusted for seas, variation:
Total money supply
bil $
Currency outside banks
do
Demand deposits
. d o
Time deposits adjusted!
do
U.S. Government demand deposits
do
Adjusted for seas, variation:
Total money supply
Currency outside banks
Demand deposits
Time deposits adjusted^

do
do
do
do

Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted: t
Total (233 SM S A's) 9 _ .ratio of debits to deposits. .
New York SMS A _
do
Total 232 SMS A's (except N.Y.)
do
6 other leading SM S A'sd"
do. .
2 2 6 other S M S A ' s .
- d o

48.3
99.6
35.3
44.9
31.3

2,928 '2,744
2,746 3,864
1,912
4,226

87.8

9,018
6,399
1.293

89.5

10, 693
6,136
1.293

1.293

43.6

PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
Net profit after taxes, all industries
mil. $. . 27, 521
1,896
Food and kindred products
do
694
Textile mill products
do
Lumber and wood products (except furniture)
338
mil.$_.
*753
Paper and allied products
do
Chemicals and allied products
do
3,188
Petroleum refining. _
. _
do
4,442
Stone clay and glass products
do
761
Primary nonferrous metal
do
970
Primary iron and steel
do
1,401
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil. $.„
1,151
Machinery (except electrical)
do
2,499
Elec. machinery, equip., and supplies
do
1,926
Transportation equipment (except motor
vehicles, etc.)
mil $
721
Motor vehicles and equipment
do
3,496
All other manufacturing industries
do
* 3, 285
Dividends paid (cash) all industries
do
Electric utilities, profits after taxes (Federal Reserve)
mil $
Transportation and communications (see pp. S-23
and S-24).
SECURITIES ISSUED
Securities and Exchange Commission:
45, 015 4,250
3,668 3,182
Estimated gross proceeds total
mil $
40, 108
By type of security:
42,501 3,833 3,457 3,114
Bonds and notes, total
do
37,836
1.037
1,372
15,561 2,065
Corporate...
do
13,720
182
56
396
Common stock
do
1,939
1,547
13
21
Preferred stock
do
574
28
725
r
2
Revised.
i Includes $27.8 bil. coverage on U.S. Armed Forces.
Estimated; excludes
3
U.S.S.R., other Eastern European countries, China Mainland, and North Korea.
Beginning June 1966, data exclude balances accumulated for4 payment of personal loans
(amounting to $1,140 million for week ending June 15).
Beginning with the period
noted, data reflect reclassification of companies between industries and are not strictly
comparable with those for earlier periods.
^Revisions for 1964-Jan. 1966 for insurance written, for Jan.-Aug. 1964 and Jan-July 1965




5,072

3,407

3,676

3,249

2,518

6,686

4,261
6,574 3,151 '5,000 ' 7, 367 5,110
3,297
3,539 3,183 2,381
1,333
1,004
1,616
975
1,575
755
1,535 ' 1, 593 ' 1, 262 2,219
40
61
61
119
106
70
'139
737
'40
106
6
24
74
70
67
50
'17
31
'51
20
for premiums collected, and for 1964 for silver production (Canada), will be shown later; those
for money supply and related data for 1959-July 1965 appear in the Sept. 1966 issue of Federal
Reserve Bulletin.
§Or increase in earmarked gold (-).
UTime deposits at all commercial banks other than those due to domestic commercial banks and the U.S. Govt.
t Revised series.
9 Total SMS A's include some cities and counties not designated as
SMSA's.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland,
and Los Angeles-Long Beach.

SUKVEY OF CURRENT BUSINESS

S-20
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

| 1966

Mar.

Annual

May 1967

Apr.

May

June

1967

July 1 Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission— Continued
Estimated gross proceeds—Continued
By type of issuer:
Corporate, total?
mil. $..
Manufacturing- -_
_
do ._
Extractive (mining)
do
Public utility
-do
Railroad
do
Communication
do
Financial and real estate
- do

15, 992
5,417
342
2,936
284
947
4.276

18,074
7,070
375
3,665
339
2,003
1,941

2,482
1,001
28
344
40
304
296

1,582
703
15
371
35
77
122

1,106
392
50
277
47
44
157

2,427
1,168
53
330
16
279
283

1,085
404
43
288
21
52
166

1,712
540
28
318
27
321
114

1,400
650
55
82
29
200
309

892
385
6
258
12
98
73

1,115
233
25
335
10
170
108

1,661 -1,684 -1,418
-649
682
-570
-27
15
17
-222
414
-279
51
20
15
154
-296
106
42
-267
-248

2,362
1,283
35
510
42
147
92

do
- do
do -

24,116
9,348
11.148

26, 941
8,231
11, 089

1,768
457
848

2,086
426
1,181

2,076
412
877

2, 645
397
1,118

2,322
411
678

1,964
387
764

1,849
402
992

1,626
408
736

5,570
3,738
950

1,616 - 3, 407
373
494
923
1,450

2,891
459
1,437

do

15. 801

17, 841

2,452

1,559

1,095

2,391

1,071

1,688

1,384

876

1,098

1,643 - 1, 669 -1,400

2,334

do
do
do _ _
do
do

13,063
7,712
5,352
996
1,741

15, 806
12, 430
3,376
241
1,795

2,039
1,482
557
7
407

1,399
1,137
262
7
154

1,000
746
254
38
58

2,245
1,786
459
27
119

932
667
265
32
106

1,617
1,353
264
18
53

1,114
887
227
2
268

783
630
153
46
46

1,033
839
194
12
52

1,363 - 1, 522 - 1,375
1,128 -1,135
-918
235
-388
-457
8
-21
-1
273
-125
-24

2,178
1,755
423
17
139

do
do ._

11.084
6,537

11, 089
6,524

848
608

1,181
1,061

877
865

1,118
384

678
174

764
620

992
362

736
266

950
989

923
458

1,450
454

1,159
756

- 1, 437
-634

1534
i 5, 543
i 1, 666
i 3, 706

1609
1
5, 387
i 1, 637
i 3, 712

645
5,671
1,822
3,603

604
5,862
1,744
3,858

625
5,797
1,839
3,741

601
5,798
1,658
3,809

622
5,700
1, 595
3,786

658
5, 645
1,595
3,785

636
5,400
1,528
3,537

661
5,216
1, 520
3,349

607
5,275
1,532
3,262

609
5,387
1,637
3,712

673
5,375
1,914
3,187

685
5,445
1,936

713
5,803
2,135

93.9
110.6

86.1
102.6

87.9
103.9

87.6
105.9

87.6
104.5

87.0
103.2

86.0
100.9

84.1
97.7

82.6
98. 6

83.4
100.5

83.5
101.0

83.0
102.4

85.9
106.0

86.4
106.4

85.6
- 105. 8

83.76

78.63

78. 92

79.75

79.56

78. 93

77.62

77.02

77.15

78.07

77.68

78.73

81.54

80.73

80.96

3, 794. 22 4,261.12
3, 288. 68 3,740.48

485. 14
373. 14

423.27
334.44

394. 28
344. 51

312. 44
258. 46

254. 63
222. 05

306. 60
291. 76

322. 01
315. 08

341. 50
348. 44

312. 46
313. 01

366. 38
356. 22

446. 77
417. 53

409. 22
350. 65

478. 39
394. 94

3,643.11 4,100.86
3. 150. 16 3,589.62

466. 96
358. 35

402. 67
318. 91

380. 69
333. 50

301. 98
248. 57

247. 12
215. 03

295. 65
279. 97

312. 43
304. 96

332. 34
338. 21

293. 69
293. 70

348. 01
335. 45

428. 29
400. 29

385. 34
330. 33

451.87
374. 71

New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $__ 2,975.21 3, 092. 79

331.66

253. 71

285. 53

208. 88

169. 94

273. 90

232. 94

286. 55

260. 68

285. 40

328. 21

258. 78

281. 42

5.10

5.16

5.18

5.28

5.36

5.50

5.71

5.67

5.65

5.69

5.50

5.35

5.43

5.42

5.49
5.58
5.69
6.09

5.41
5.50
5.67
6.10

5.35
5.46
5.65
6.13

5.39
5.48
5.69
6.18

5.20
5.30
5.53
5.97

5.03
5.18
5.38
5.82

5.13
5.23
5.49
5.85

5.11
5.26
5.46
5.83

Noncorporate total 9
IT S Government
State and municipal
New corporate security issues:
Estimated net proceeds, total
Proposed uses of proceeds:
New money total
Plant and equipment
Working capital
Retirement of securities
Other purposes
State and municipal issues (Bond Buyer) :
Long-term
Short-term
-

6,105
4,154
1,159

1,078
1,197

SECURITY MARKETS
Brokers' Balances
(N.Y.S.E. Members Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances (net)
Money borrowed

mil $
do
do
do

Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility,
and railroad (A A A issues):
Composited1
dol per $100 bondDomestic municipal (15 bonds)
do
U S Treasury bonds, taxable^

-

do _..

Sales:
Total, excl. U.S. Government bonds (SEC):
All registered exchanges:
Market value
mil. $
Face value
do
New York Stock Exchange:
IV^arket value
do
Face value
do

Yields:
Domestic corporate (Moody 's)
percent _ .
By rating:
Aaa
- - -do
Aa
_
do
A
. - .. do
Baa
do
By group:
Industrials
_ do
Public utilities
do
Railroads
_ _ _ do
Domestic municipal:
Bond Buyer (20 bonds)
_
. ___.do
Standard & Poor's Corp. (15 bonds)
do _
U.S. Treasury bonds, taxable©

do

4.64

5.34

80.24

279.94

4.49
4.57
4.63
4.87

5.13
5.23
5.35
5.67

4.92
5.05
5.12
5.32

4.96
5.10
5.18
5.41

4.98
5.10
5.17
5.48

5.07
5.16
5.29
5.58

5.16
5.25
5.36
5.68

5.31
5.38
5.48
5.83

4.61
4.60
4.72

5.30
5.36
5.37

5.06
5.08
5.18

5.09
5.21
5.19

5.12
5.23
5.20

5.25
5.32
5.26

5.33
5.39
5.37

5.49
5.54
5.48

5.71
5.78
5.65

5.63
5.72
5.67

5.59
5.64
5.72

5.63
5.65
5.78

5.45
5.42
5.63

5.33
5.25
5.48

5.39
5.37
5.51

5.37
5.37
5.51

3.28
3.27

3.83
3.82

3.59
3.72

3.62
3.59

3.78
3.68

3.83
3.77

3.96
3.94

4.24
4.17

4.03
4.11

3.74
3.97

4.02
3.93

3.77
3.83

3.40
3.58

3.60
3.56

3.54
3.60

3.69

4.21

4.66

4.63

4.55

4.57

4.63

4.74

4.80

4.79

4.70

4.74

4. 65

4.40

4.47

4.45

4.51

7.65
8.48
3.86
4.09
4.90
6.33

8.25
9.17
4.11
4.45
5.06
6.85

8.23
9.17
4.08
4.35
4.94
6.65

8.23
9.18
4.08
4.35
4.94
6.65

8.24
9.18
4.09
4.35
4.94
6.65

8.26
9.18
4.10
4.39
5.14
6.65

8.28
9.19
4.12
4.44
5.14
6.65

8.30
9.22
4.14
4.53
5.14
6.90

8.30
9.22
4.14
4.53
5.14
6.97

8.33
9.25
4.14
4.55
5.14
6.97

8.22
9.07
4.15
4.61
5.14
7.42

8.23
9.08
4.18
4.61
5.14
7.53

8.29
9.15
4.18
4.63
5.22
7.53

8.30
9.16
4.20
4.63
5.28
7.81

8.32
9.17
4.27
4.63
5.28
7.81

8.33
9.18
4.27
4.63
5.28
7.81

250. 31
284. 32
117.08
95.06

230. 88
266, 77
102. 90
92.65

244. 95
286. 15
105.41
102.01

246. 67
288. 13
106. 33
102. 66

236. 01
274. 18
102. 45
93.56

230. 25
267.22
99.95
92. 58

227. 17
262. 90
101. 03
89.63

211. 05
244. 39
92. 51
81. 22

207. 74
239. 01
94.57
80.17

220. 60
250. 49
104. 92
83.37

218. 34
248. 93
103. 47
83. 25

217. 56
246. 38
105.99
82. 91

233. 54
266. 77
108. 12
93.13

233. 23
267. 35
105. 18
92. 56

242. 02
278. 90
106. 81
93.52

251.52
293. 28
108.90
93.60

Stocks
Dividend rates, prices, and yields, common stocks
(Moody's):
Dividends per share, annual rate, composite
dollars. _
Industrials
_ _ _.
do
Public utilities
do
Railroads
do
N.Y. banks
_ _
do
Fire insurance companies
do
Price per share, end of mo., composite
Industrials
Public utilities
Railroads
. .

_do
do
do
do. -

3.49
3.34
3.36
3.06
3.57
Yields, composite
percent. _
3.35
3.20
3.19
3.44
2.98
Industrials
do
3.84
3.99
3.87
3.99
3.30
Public utilities
do
4.65
4.24
4.26
4.80
4.30
Railroads
__do .-.
3.81
3.95
4.03
4.04
3.33
N.Y. banks
do
Fire insurance companies
do..-.
2.74
2.92
2.95
2.82
2.97
T
l
Revised.
End of year.
9 Includes data not shown separately.
cPNumber of bonds represented fluctuates; the change in the number does not affect the
continuity of the series.




3.76
3.64
4.00
3.78
3.93
3.59
3.86
3.64
3.69
3.50
3.77
3.44
3.95
4.38
4.01
4.08
4.48
4.10
5.54
5.65
5.46
4.95
5.58
4.74
3.90
4.30
4.85
4.67
3.96
4.18
2.92
3.22
2.98
3. 15
2.70
3.05
IPr ces are d erived fr om avera ge yields on basis of
OF ar bonds due or ca liable in 10 years or more.

3.31
3.44
3.56
3.55
3.78
3.13
3.29
3.43
3.43
3.69
3.92
4.00
3.99
3.94
3.87
4.95
4.95
5.00
5.56
4.97
3.83
3.84
3.94
3.79
3.80
3.31
3.28
3.17
2.93
2.92
an ass umed 3 ]Dercent 20-year be>nd.

May 1967

SUKVEY OF CUEEENT BUSINESS

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

Annual

S-21
1967

1966
Apr.

Mar.

May

June

July

Aug.

Sept.

Nov.

Oct.

Jan.

Dec.

Feb.

Mar.

Apr.

FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Earnings, common stocks (Moody 's):
Earnings per share (indust., qtrly. at ann. rate;
pub. util. and RR., for 12 mo. ending each qtr.):
Industrials!
___
...dollars
Public utilities
do
Railroads
_ _ _
_
do
Dividend yields, preferred stocks, 10 high-grade
(Standard & Poor's Corp )
percent
Prices:
Dow- Jones averages (65 stocks),
Industrial (30 stocks)
Public utility
(15 stocks)
Railroad (90 stocks)

__

.

Standard & Poor's Corporation:^
Industrial, public utility , and railroad:
Combined index (500 stocks)
1941-43=10
Industrial, total (425 stocks) 9
Capital goods (122 stocks)
Consumers' goods (181 stocks)
Public utilitv (55 stocks)
Railroad (20 stocks)
Banks:
New York City (10 stocks)
Outside New York City (16 stocks)
Fire and casualty insurance (20 stocks)

lfi.42
5 92
8.16

16.78
6 30
8.67

17.09
6.03
8 56

4 33

4 97

4 83

4 78

4 83

4 93

318. 50
910. 88
157. 88
°16 41

308. 70
873 60
136. 56
227 35

331. 16
926 43
141. 49
959 so

337. 27
943 70
140 26
260 64

314. 62
890 70
137. 32
9
33 07

311. 51
888 73
134 07
299 94

17 83
6 08
8 98

14 12
6 19
9 13
5 00

308.
875
133
297

07
87
72
18

5 18

286.
817
126
907

45
55
68
91

5 23

276.
791
126
197

79
65
20
05

14.90
6.37
8.20

18 08
6 30
8 67
5 28

273.
778
129.
192

35
10
70
07

5 21

285.23
806 55
136 43
201 94

5 24
285
800
135
905

52
86
68
yg

5 07

4 98

5 04

298. 28
830 56
138 64
220 11

305. 65
851. 12
138. 03
228 69

307. 70
858. 11
135. 96
231 98

309. 45
868. 66
139. 29
228.77

88.17

85 26

88 88

91 60

86 78

86 06

85 84

80 65

77 81

77 13

80 99

81 33

84 45

87 36

89.42

do
do
do
do
do

93.48
85.26
81.94
76 08
46.78

91 08
84.86
74.10
68 21
46 34

95 04
90 28
78.96
69 21
51.52

98 17
93 54
79.28
70 06
52 33

92
88
75
68
47

99
87
73
67
46

91
86
73
67
45

86
79
69
63
42

83
74
67
63
40

11
74
89
11
31

82 01
72. 67
66.67
65 41
39 44

86
77
68
68
41

86
79
67
68
41

89
82
69
70
44

88
70
97
63
48

93 35
86. 72
73.78
70 45
46 13

95.86
90.08
75.10
70 03
46.78

do
do. _
do-

38.92
71.35
64.17

33 32
63.80
64.55

34 11
65.19
63.28

33 67
64.17
65. 27

32 32
61.22
63.33

39 39
61.32
61 64

32 50
62.38
62.63

30 09
59,33
61.28

9

8 87
57.44
59 52

32 30
61.04
63.68

34 34
65.05
68.62

35 93
67.03
70 50

37 08
69. 90
70.03

35 62
67.09
68.99

35 32
66.00
65.86

47.39

46.15
46.18
50.26
45 41
44.45

48.28
48.47
52.59
46.95
45.99

49.60
50.01
57.08
46.78
46.70

46.87
47. 03
51.98
45.45
44.68

46.61
46 85
53 55
44 54
44 31

46.47
46.66
53.04
44 79
43.53

43.72
43 89
48.66
49 33
41 46

41.99
41 99
44.51
41 74
39 50

41.50
41.03
42.24
43 33
40.23

43.73
43 28
45.82
45 16
43.16

44.16
43 79
48 23
44 77
44 43

46.02
45.61
51.38
46.43
47.53

47.80
47. 72
52. 56
47 03
48.71

49.02
49.02
55.19
47 88
48.17

89, 225
2,587

123 034
3 188

13, 051
337

12 895
356

1'* 257
302

9 661
298

8 301
200

9 663
236

8 750
215

8 658
223

8 i;j°
219

9 538
266

11 653
320

11 181
316

14 515
418

73, 200
1,809

98 565
2, 205

10 451
224

9 893
221

9 800
209

7 772
162

6 655
141

7 805
168

7 272
161

7 209
166

6 638
162

7 662
189

9 320
224

8 792
216

11,465
268

1,556

1,899

192

186

171

141

120

162

120

146

146

166

208

183

225

188

537. 48
10, 058

482. 54
10, 939

523. 93
10, 245

536. 36
10, 276

507.77
10,507

502 41
10,612

497 11
10, 733

458. 66
10, 787

454. 89
10, 818

475. 25
10, 842

480 88
10, 886

482 54
10, 939

522 75
10,989

527.04
11,046

549. 49
11, 073

572. 64
11,114

New York Stock Exchange common stock indexes:*
Composite
12/31/65=50..
Industrial... _. - . _ _
do
Transportation
do
Utilitvdo
Finance
do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
mil $
Shares sold _ _ _
_
millions
On New York Stock Exchange:
Market value
mil $
Shares sold (cleared or settled)
millions-Exclusive of odd-lot and stopped stock sales
(N.Y.S.E.; sales effected)
millionsShares listed, N.Y. Stock Exch., end of period:
Market value, all listed shares
bil $
Number of shares listed
.
millions

85
78
12
49
00

14
34
75
51
35

95
38
87
30
50

40
81
91
41
12

10
89
25
82
57

50
83
76
86
44

49. 92
50.1-9
54.60
48.07
48.37

FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value
Exports (mdse.), incl. reexports, totalO
Excl. Dept. of Defense shipments
Seasonally adjusted
.

Northern North America
Southern North America
South America
_
By leading countries: A
Africa:
United Arab Republic (Egypt)
Republic of South Africa
Asia; Australia and Oceania:
Australia, including New Guinea
India
_ _
Pakistan
.
Malaysia

Europe:
France
East Germany
West Germany

. _

_

27,478.2 30, 336. 0 2,811.6 2,599.0 2,615.6 2,568.7 2,426.7 2,348.4 2,499.0 2 695 3 2, 627. 1 2 715 3 2, 549. 6 2, 489. 6 2, 837. 5
26,699.5 29, 395. 5 2,740.7 2,463 2 2,504.6 2 467 0 2,326.8 2 277 7 2 431 0 9 QOQ I 2 572 0 2 644 4 2 471 3 2,419 4 2,799 0

do

By geographic regions: A
Africa
Asia
Australia and Oceania
Europe

Indonesia
Philippines
Japan., ._

mil. $
do

_

2,568 6

23589 2410 8 2489 5 2456 0

do
do _
do _
do

1 228 9 1 348 6 132 8
590'. 2
6, 012. 1 6, 727. 4
814.1
956.2
70.8
9 363 9 10,011 4 1 023 0

114 5
618.7
61.8

864 6

115 4
543.7
62.7
865 8

121 1
578^8
65.4
813 2

106 7
577.3
74.1
746 9

109 1
550.4
73.8
797 8

109 1
541.3
65.8
808 4

126 1
614 9
72.7
896 2

119 6
570.8
72.6
863 6

2
8
8
4

119 3
611.5
75.4
812 6

do
do
do

5, 643. 2 6, 644. 8
2 099 1 2, 268. 1
2, 1 74. 9 2, 504. 3

567.6
212 1
221.2

566 1
177 0
197 8

625 4
186 6
217.1

607 2
187 8
196 4

507 7
188 7
227.2

502 7
174 5
210 3

581 6
193 6
199 3

621 3
213 9
220 2

597 6
583 7
198 6 r 225 2
204 1 r 247 6

539. 1
191 9
199.8

122
637
75
842

do
do

157.7
438. 1

189.1
401.0

22.8
41.4

33.3

18.6

22.6
30.8

24.3
31 3

13.2
37 2

16.5
31 1

12.7
32 5

15 3
41 2

13.0
33 4

12 3
34 9

7.2
50.5

do
do
do
do

799 4
928 0
335.9
91 1

662.9
929.3
238.7
i 45.7

59.3
116 9
13.2
4 2

52.8
97 9
11.7
4 1

48.5
63 0
16.8
38

54
71
17
4

7
5
4
0

60 8
68 3
31.8
37

63 3
83 4
14.9
38

54
74
20
3

57
71
9
7
4

63
53
25
3

7
0
3
4

50 3
78 3
27 1
39

66.2
100 4
32.8
35

do
do
do

41.6
348.5
2 080 2

59.9
348.0
2, 365. 1

2.5
28.1
196 3

3.1
30.0
197 2

2.4
26.9
176 3

30
30.5
190 7

8.7
27.6
175 9

4.1
29.1
204 7

6 6
27.8
205 1

55
32.8
218 2

7.9
28.1
231 5

10 8
38.7
235 4

6.7
33.8
207.1

do
do
do

970.7
12.4
1 649 6

1, 007. 1
24.9
1 674.0

99 6
1.4
173 0

83 7
4.2
151 8

86.6
3.4
147 8

80.7
.6
134 2

79.7
.6
124 6

67.8
1.8
131 6

87 1
3.3
138 9

84 3
1.5
138 2

80.9
1.1
141 8

87 3
1.6
124 2

86.4
2.0
130.6

Italy
do
89 2
82 5
79 1
913 7
891 1
Union of Soviet Socialist Republics
do
45 2
41 7
48
6 2
29
United Kingdom
" "do
139.3
1.615. 1 1. 736. 7
181.5
145. 2
Revised.
v Preliminary.
1 Beginning Jan. 1966, excludes data for Singapore.
^Revisions prior to Sept. 1965 will be shown later.
cfNumber of stocks represents
number currently used; the change in number does not affect continuity of the series.
9 Includes data not shown separately.
*New series; index is based on the closing prices
of the more than 1,250 common stocks fisted on the Exchange.
OBeginning Jan. 1965, data




2455 0 2 541 6 25827 2 486 2 2 414 7 2 620. 2 2 601 2 2,570 5

7
3
4
9

2
9
1
1

67 1
77 9
76 2
70 6
74 0
76 6
76.7
79 1
5
4.4
52
28
13
2 2
10
66
131.2
119.0
132.2
156.5
141.1
143.1
165.2
145.4
reflect adoption of revised export schedule; in some instances, because of regrouping of commodities and release of some "special category" items from the restricted list, data for commodities and countries are not comparable with those for earlier periods.
ABeginning
with the Jan. 1967 SURVEY, data for regions and countries (except India and Pakistan) arc
restated to include "special category" shipments, formerly excluded.

SUEVEY OF CURRENT BUSINESS

S-22
1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

1966
Mar.

Annual

May 1967

May

Apr.

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec

Jan.

Feb.

Mar.

Apr.

FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
Exports (mdse.), incl. reexports— Continued
By leading countries— Continued
North and South America:
Canada
mil $

5,642.8

6, 661. 0

567.5

566.0

625.4

607.2

507.7

502.7

579.9

621.2

597.6

583.7

539.0

do

i 3,871.7

4, 234. 9

383.3

333.0

361.4

341.7

372.5

342.8

346.0

383.3

350.0

400.0

347.6

Argentina
Brazil
Chile

do
do
do

267.5
347.9
237.4

244.3
579.4
255.2

19.0
54.1
22.3

15.9
46.1
19.6

18.9
51.6
24.7

16.2
34.9
23.4

19.4
54.0
21.8

19.3
55.8
22.5

16.5
47.4
15.7

21.7
51.9
17.8

26.7
42.1
19.2

37.6
63.6
24.8

19.0
42.8
21.7

Colombia
Cuba
Mexico
Venezuela

do
do
do
do

198.5
0)
1,105.9
625.6

287.0
0
1, 180. 2
598.0

25.3
0
108.5
51.8

23.3
0
88.3
49.6

28.1
0
98.3
49.8

25.6
0
96.8
52.1

28.5
0
101.6
56.5

24.6
0
89.4
46.1

22.5
0
101.5
53.5

23.6
0
113.6
52.4

22.2
0
98.4
46.6

23.3
0
103.4
49.9

19.2
0
102.8
49.0

Latin American Republics total 9

Exports of U S merchandise total O+
Excluding military grant -aid
Agricultural products total
Nonagricultural products total

do
do
do
do

27, 135. 3 29, 899. 1
26, 356. 5 28, 958. 6
6, 228. 6 6, 884. 5
20, 906. 7 23, 014. 6

By commodity groups and principal commodities:*
Food and live animals 9
do
Meats and preparations (incl. poultry).. do
Grains and cereal preparations
do
Beverages and tobacco

do

Crude materials, inedible, exc. fuels 9

do

Soybeans exc canned or prepared
Metal ores, concentrates and scrap

do
do

Mineral fuels lubricants etc 9
" P f l

H n d t

do

"

dn

772.2 2, 556. 5
701.3 2, 420. 7
552.3
624.8
147.4 2,004.2

2, 566. 7 2, 530. 0 2, 395. 6 2, 314. 7 2,456.8 2, 655. 6 2, 593. 5 2, 689. 0
2, 455. 7 2, 428. 3 2, 295. 7 2, 244. 0 2, 388. 8 2, 586. 4 2, 538. 4 2, 618. 1
569.0
621.7
571.0
697.7
632.0
I 549.6 551.1 491.0
2, 017. 1 1,978.9 1, 904. 6 1, 743. 7 ,887.8 2, 033. 9 1, 895. 8 2,057.1

375.1
10.6
264.5

377.7
12.4
266.9

346.5
11.3
248.9

386.3
13.8
277.7

398.2
14.2
273.9

393.5
18.6
260.5

394.4
17.0
269.0
74.7

78.5

39.6

41.3

47.6

337.9
59.7
124.7
35.1

312.2
72.4
85.5
31.2

276.7
56.6
67.2
29.8

280.7

288.2

75.9
34.2
38.5

68.9
29.3
31.2

81.4

76.4

436.9
13.8
317.6

403.0
10.5
296.4

517.0

623.7

44.3

33.6

29.9

33.9

49.4

62.1

71.2

73.9

255.3
22.1
67.7
37.9

216.7
18.3
40.7
40.6

230.4
39.8
36.7
36.9

225.5
40.4
18.7
40.7

286.1
34.9
92.0
42.2

91.8
49.7
38.2

81.9
39.2
39.2

89.8
49.3
35.9

96.6
49.6
42.0

92.0
48.6
41.0

82.5
42.1
37.2

3, 072. 2
432.2
759.9
421.8

254.7
29.4
63.7
32.6

237.3
22.5
60.5
31.5

946.5
494.3
417.6

977.5
493.3
435.6

78.2
36.2
36.7

78.5
39.1
34.8

78.4
41.6
32.8

358.3

334.4
11.0
228.0

4, 566. 7
158.9
3, 189. 3

2, 855. 5
486.2
650.1
434.2

308.2

352.1
11.6
241.2

4, 003. 1
161.8
2, 636. 6

256.5
26.3
66.3
39.5

516.7 2,459.7 ' 2,801.1
,438.4 2, 389. 5 2, 762. 6
531.6
, 985. 1

Animal and vegetable oils fats waxes

do

471.6

356.0

32.9

23.1

37.0

32.3

29.1

33.8

26.7

21.6

27.7

32.6

21.4

32.2

33.4

Chemicals

do

2, 401. 7

2, 675. 9

258.0

218.3

233.0

232.2

242.5

227.7

218.5

218.0

218.1

235.9

227.1

215.2

242.5

Manufactured goods 9
Textiles

do
do

3, 256. 9
527.8
629.0
539.3

3, 434. 2
554.2
557.5
582.4

333.1
52.0
51.0
68.3

296.1
46.9
46.9
54.6

300.4
47.1
46.4
53.2

290.7
47.6
47.9
47.3

282.3
43.0
43.5
58.3

273.0
42.4
40.3
52.0

277.4
44.3
41.7
44.6

294.6
48.5
48.5
45.2

276.1
47.3
47.8
35.1

294.8
50.6
54.8
40.0

289.9
48.0
57.1
47.1

285.6

325.5

Machinery and transport equipment, total
mil. $._ 10, 147. 1 11, 164. 3 1, 043. 2

959.7

961.8

935.3

882.5

795.7

885.5 1, 039. 8

937.7 1, 050. 0 1, 005. 9

6, 702. 1
634.1
331.7
932.9
1, 659. 7

7, 445. 9
628.5
337.9
970.6
1, 898. 8

709.2
69.5
31.9
92.8
176.7

638.7
59.2
27.4
87.2
159.1

660.6
61.1
30.9
82.6
165.4

630.2
56.8
28.5
79.6
161.3

623.4
54.9
25.9
85.5
154.6

551.9
44.2
26.5
74.6
140.8

601.2
44.5
27.8
72.4
163.2

655.5
49.1
31.0
85.6
173.2

619.6
44.9
26.8
87.3
164.8

669.0
46.2
34.3
82.1
169.9

653.7
53.9
28.2
82.4
165.6

f\

3, 445. 0
1, 975. 5

3, 714. 6
2, 386. 5

334.5
217.1

321.1
186.4

301.2
193.3

305.2
184.8

259.1
162.3

243.8
149.8

284.3
200.4

384.3
249.5

318.1
241.5

381.0
247.5

352.2
226.2

do __
do

21,365.6 25, 550. 3 2,242.4 2, 071. 2 2,074.4 2,188.6 2, 072. 0 2, 180. 2 2,294 2 2, 278. 4 2, 257. 7 2,240.1 2, 261. 8 2, 003. 5 2,355.9
2,067.7 2,108.9 2,062.6 2,135.0 2,204.6 2,112.6 2,301.2 2,262.4 2,191.5 2,231.2 2, 295. 6 2, 204. 1 2, 184. 7

Nonferrous base metals

do

Machinery total 9
Agricultural
i

diw

do
do

K. g

,

::

, "

.
M f

h

1

rl

t

General imports, total t
Seasonally adjustedj
By geographic regions:
Africa
__.

-- __

Australia and Oceania
Furope
Southern North America
South America
By leading countries:
Africa:
United Arab Republic (Egypt)
Republic of South Africa
Asia; Australia and Oceania:
India
Pakistan
Malaysia
Indonesia
Philippines.
Japan
Europe:
France

.

West Germany
Italy
Union of Soviet Socialist Republics
North and South America:
Canada
Argentina
Brazil
Chile

_do _
_ _do
do

978.0
877.6
4, 528. 1 5, 278. 7
593.5
453.1
6, 292. 2 7, 863. 9

119.0
438.0
41.7
689.8

88.5
434.6
48.6
637.7

102.5
416.2
41.4
644.4

75.7
449.8
69.0
656.8

79.4
448.8
50.8
629.3

75.0
518.7
57.1
644.8

90.0
507.7
64.3
684.7

72.9
438.9
54.0
728.7

69.8
471.9
43.2
757.7

79.8
405.2
42.1
702.1

84.6
460.2
47.4
703.4

536.4
627.6
154.4 '168.7
224.1 r 214. 4

526.8
181.0
257.7

do
do

4, 837. 1
1,741.7
2, 623. 8

6, 131. 2
1,912.2
2, 785. 2

520.7
182.8
252.7

472.8
170.0
218.8

511.4
156.1
219.6

554.6
155.5
230.7

477.1
149.6
236.1

516.2
156.0
212.4

538.4
135.9
271.2

560.9
167.3
254.9

do
do

16.1
225.9

17.6
250.2

1.9
31.3

3.6
17.4

.8
37.2

2.0
21.9

1.4
23.1

.6
15.5

1.1
34.4

.3
15.0

313.7
348.1
44.8
211.9
165.2
369.1
2, 413. 9

398.7
237.0
67.8
2 176. 7
179.0
397. 6
2, 964. 5

24.3
26.0
6.5
10.4
16.3
40.6
250.1

27.3
29.0
5.7
17.1
18.8
34.6
245.4

27.0
27.6
5.9
15.4
16.0
21.8
234.8

50.2
26.9
5.1
13.0
18.2
35.2
245.9

30.3
23.0
6.0
12.9
11.7
40.6
256.5

35.4
27.3
4.5
18.2
16.1
39.2
303.9

698.0
8.2
1, 796. 8
743.0
49.4
1, 785. 6

63.8
.8
156.8
58. 5
3.4
151.7

53.3
.5
131.8
56.1
3.7
138.0

61.3
.8
141.7
58.4
4.5
149.7

58.5
.6
151.3
64.9
4.5
144.1

58.4

do
do...
do

615.3
6.5
1,341.4
619.7
42.6
1,405.2

60.0
.4
144.0
71.8
6.1
148.4

do

4, 831. 9

6, 124. 7

519.9

472.8

510.8

554.3

476.4

515.0

537.4

560.1

536.3

627.4

526.3

3, 674. 8

3, 969. 9

369.1

326.3

318.3

326.1

327.9

301.0

351.3

354.8

324. 9

317.8

365.9

122.1
512 4
209.4

148.8
599.7
229. 1

12.9
42.9
22.2

14.4
44.9
16.2

13.7
43.1
18.0

14.5
48.1
17.9

11.3
42.3
20.0

12.4
25.5
17.4

12.0
87.8
24.9

11.5
79.3
19.6

13.1
46.7
21.3

I'M
42.4
14.8

14.8
52.1
14.7

do
do
do
do
do
do
do

do
do
do....

20.7
26.8
20.9
244.8
276.7
Colombia
do
0
0
0
0
Cuba.
do
0)
64.8
73.1
70.1
750.2
638.4
Mexico
do
82.2 1 69.0
111.6
Venezuela
do. . 1,018.0 1, 002. 4
'Revised.
ppreliminary.
i Less than $50,000.
2 Beginning Jan. 1966, excludes data
for Singapore; such shipments amounted to $1.0 mil. in that month.
{Revisions for Jan.
1964-Nov. 1965 will be shown later.
9 Includes data not shown separately.
OSee




149^4
61.2
5.0
138.6

1.2
19.4

.9
22.9

.7
15.0

44.4
30.5
6.1
16.4
15.1
45.2
281.5

43.0
28.9
29.6
25.5
6.3 1
5.4
13.4
19.1
13.6
13.1
22.2
33.3
255.8 272.9

29.9
27.4
4.7
13.8
14.9
23.3
227.6

36.6
28.5
7.6
17.7
12.2
29.0
257.4

56.6
1.2
169.4
60.4
3.1
166. 0

65.0
1.0
163.3
71.1
4.4
174.6

56.5
.4
163.5
66.2
4.1
165.5

58.3
2.1
172.2
57.7
6.4
147.4

66.6
.8
175.9
73.6
4.0
178.7

959.6 1, 157. 2

13.4
25.3
19.0
15.6
22.8
20.6
15.0
20.1
0
0
0
0
0
0
0
0
59.4
70.3
69.3
66.8
56.5
48.9
54.6
58.7
78.4
81.2
80.1
100.7
87.1
70.8
90.9
84.6
similar note on p. S-21.
*New Series. Comparable data prior to 1965 for the groups are
not available; data for individual commodities may be obtained from Bureau of Census
reports.

SURVEY OF CURKENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

| 1966
Mar.

Annual

S-23

May

Apr.

June

1967

Aug.

July

Sept.

Oct.

Nov.

Dec.

Jan.

Mar.

Feb.

Apr.

FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE — Continued
Value— Continued
General imports— Continued
By commodity groups and principal commodities:*
338.6
381.3
4, 083. 6 4, 530. 5
442.3
424.5
361.1
389.6
405.9
356.9
Agricultural products, total
mil. $
335.8
362.0
415.3
17, 282. 0 21, 019. 8 1, 800. 1 1, 646. 7 1,713.3 1, 799. 0 1, 733. 4 1, 844. 4 1, 888. 3 1, 897. 1 1, 900. 8 1, 878. 1 1, 846. 5
Nonagricultural products, total
do
Food and live animals 9
- - do _
Cocoa or cacao beans
do
Coffee
do
Meats and preparations . _ _ _ . _ . . _ _ do
Sugar
-_ -.
do

3, 459. 6
120.5
1, 058. 5
426.5
442.5

3, 947. 5
122.2
1, 067. 3
599.5
501.2

365.0
15.4
118.0
44.7
36.1

333.7
10.1
97.0
48.9
37.8

313.8
12.6
91.1
40.7
30.1

340.4
6.2
80.1
65.4
47.3

309.4
9.3
74.5
46.2
61.7

299.0
4.6
63.7
53.9
45.4

372.3
5.2
98.9
57.1
73.3

358.2
6.7
99.9
58.4
48.1

326.3
7.9
72.7
48.8
40.9

330.8
12.8
75.8
50.1
35.4

355.4
24.5
92.6
54.3
33.6

314.1

369.0

553.2

641.7

60.1

82.6

48.2

46.2

36.1

41.8

53.3

64.7

66.5

53.6

60.0

49.9

63.6

3, 046. 6
915.4
421.9
435.4
188.1

3, 265. 6
1,019.8
449.3
436.3
180.9

' 284. 1
61.6
41.5
48.8
15.4

281.8
75.7
34.2
50.4
18.9

282.5
88.3
38.4
35.7
16.6

305.1
96.1
39.7
41.6
17.5

261.7
85.2
38.4
30.3
11.5

306.9
110.9
42.9
32.9
16.3

280.4
101.9
35.2
28.5
13.5

265.0
105.2
38.0
26.0
14.8

270.1
102.9
37.5
25.6
15.3

251.0
79.4
38.9
26.9
12.9

254.0
75.3
37.6
29.6
17.3

210.8

254.5

...do
do

2, 221. 5
2, 092. 5

2, 262. 0
2, 127. 1

223.6
211.1

172.0
160.9

169.8
155.8

193.8
183.3

188.1
181.5

204.5
190.3

182.9
169.9

182.6
173.7

181.5
170.1

182.5
173.0

226.7
212.7

186.7

211.8

Animal and vegetable oils and fats
Chemicals

do
do

116.5
768.8

146.2
964.0

16.0
••92.2

6.6
86.0

11.4
85.9

12.6
85.3

8.2
71.9

12.6
78.7

10.5
95.1

11.9
79.4

12.8
80.5

13.1
74.7

14.2
82.4

14.8
80.0

11.3
90.2

Manufactured goods9
Iron and steel
Newsprint
Nonferrous metals
Textiles

5, 555. 4
do
789.6
do
800.4
do__ _
1, 234. 7
do
1,266.8
do

6,353.9
889.5
908.5
1, 305. 0
1, 551. 7

519.5
75.6
78.5
88.8
123.6

508.4
71.0
83.2
90.5
126.8

567.6
78.4
83.1
123.5
135.2

541.5
81.0
71.8
118.5
125.3

555.3
63.9
75.8
129.3
131.5

566.0
76.0
79.1
131.2
135.0

579.9
81.0
80.4
134.4
139.3

564.2
78.8
75.5
116.6
136.0

581.9
77.9
67.2
140.2
147.4

513.5
75.4
69.3
99.2
133.5

522.1
72.8
80.9
101.6
128.9

471.7

531.9

Machinery and transport equipment

do

2, 947. 8

4, 827. 6

' 434. 1

355.0

385.8

404.5

366.9

378.4

416.7

434.7

454.5

547.8

484.4

434.7

537.2

do do
do

1, 746. 2
63.5
639.6

2, 618. 4
135.3
1,015.9

218.1
8.8
74.5

209.2
8.7
72.5

205.6
9.7
71.2

216.0
10.7
76.6

212.0
12.0
80.7

238.5
14.8
98.9

225.0
10.7
99.5

243.6
12.9
103.5

267.7
17.2
117.8

261.9
16.8
107.3

242.0
16.3
85.9

1, 201. 5
810.1

2, 209. 3
1, 617. 7

218.7
150.3

145.8
99.5

180.2
116.3

188.6
135.2

154.9
117.2

139.9
90.2

191.7
137.9

191.1
147.0

186.8
147.8

285.8
239.3

242.4
195.9

144
152
106

P 177
P188
•P 106

v 160
p 168
p 106

162

171
105

p 158
p 169
p 107

i 153
i 152
!99

P190
•p 192
plOl

"176
p 179
p 100

176
187
101

P185
"177
plOl

Beverages and tobacco
Crude materials, inedible, exc. fuels 9
Metal ores
Paper base stocks
_
Textile
fibers
._
Rubber
Mineral fuels, lubricants, etc
Petroleum and products

Machinery, total 9
Metalworking
Electrical

do
-do
do
do
do _
do

Transport equipment
do
Automobiles and parts
do
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Quantity
1957-59 = 100
Value
_
_
do
Unit value __
_._ .
do
Imports for consumption: o*
Quantity
_
do
Value..
_ _. do_ _
Unit value
do
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):!
Shipping weight
thous. sh. tons
Value
._. .
mil. $
General imports:
Shipping weight
_ _, thous. sh. tons
Value
mil $

171,730
16,926

186, 093
18, 531

15, 461
1,740

15,814
1,537

16, 147
1,540

16, 763
1,520

14,865
1,508

17,003
1,513

17, 025
1,500

16, 979
1,648

16,012
1,652

14, 120
1,637

255,754
14,943

264, 538
17, 302

21, 982
1,479

19, 740
1,406

20, 616
1,408

24, 337
1,503

22, 954
1,439

26, 177
1,551

24, 044
1,602

24, 603
1,519

23, 292
1,536

20 210
1,383

TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. total):
Operating revenues, total 9
.
mil. $
Transport, total 9. .. _
do
Passenger ..
do
Property
.
do
U.S. mail (excl. subsidy)
do
Operating expenses (incl. depreciation) do
Net income (after taxes)
do
Operating results:
Miles flown (revenue)
mil
Express and freight ton-miles
flown
do
Mail ton-miles
flown
do
Passengers originated (revenue)
do
Passenger-miles flown (revenue)
bil

941. 0
921.6
219. 6
71.4
49.2

1 010 9
1 081 7
81 1
57 1

87
96
24
6
4

Express Operations (qtrly.)
Transportation revenues
Express privilege payments.

mil $
do

431.4
119.3

430 8
111 7

103.9
25.6

Local Transit Lines
Fares, average cash rate
Passengers carried (revenue)
Operating revenues (qtrly. total)

cents
mil
mil $

22 i
6 798
1,444

09 4
6 671

°2 3

Motor Carriers (Intercity)
Carriers of property, class I (qtrly. total):
Number of reporting carriers
Operating revenues, total
mil $
Expenses, total
do
Freight carried (revenue)
mil. tons

3,306
3,278
2 933

218
74
2,886
223

3

1, 105
7 112
6 736

p 3, 696

p 3 254
p 3, 240
p '?38

9g 9 4

876
868
775
58
21
788
45
9
3
2
9
7

609

997
989
886
64
2'?
836
88
87
94
23
7
5

1
1
8
4
1




99 4

7.2
4 9

90 6
102.5
23 2

8.0

5 7

22 3
580

29 3

590

pQ91

736
48

p880
P58

p863

9Q

52
59
17
5
3

3
8
9
1
9

61
66
20
5
4

1
4
5
4
2

99 4
97 4
23 0
51

96 1
105.9
4)
4 6
7 3
50

91 7
101 2
26 3
71
4 7

99 3

T> 4

567

502

29 4
5^9

22 4
552

97
104
36
7
5

3
4
5
5
5

96.6
87.1
24.9
7.4
5.3

88
85
24
6
4

22 7
553

99 7

9
5
5
7
6

115 2
29 2

107
3
<:>
8 0

104 4
28 9

29 5
583

92 6
570

29 6
582

520

22 8
595

1,172
1,847
1,766

118
428
Revised.
p Preliminary. 3 i See i i o t e " c f " for this page.
- A s compiled by Air
Transport Assn. of America.
Number of carriers filing complete reports for the year.
9 Includes data not shown separately.
*New series, replacing imports for consumption data formerly shown. Comparable
monthly data, beginning Jan. 1965, will be shown later.
r

91 0
98 4

831
823
730
50

cf Beginning Jan. 1965, indexes are based on general imports, instead of imports for consumption as formerly.
§Excludes "special category" shipments and all commodities exported under foreign-aid
programs as Department of Defense controlled cargo.

SURVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

Annual

May 196,7

1966
Mar.

Apr.

May

June

July

1967

Aug.

Oct.

Sept.

Nov.

Dec.

Jan.

Feb.

Mar.

153.8

Apr.

TRANSPORTATION AND COMMUNICATION—Continued
TR ANSPORT ATION-Continued
Motor Carriers (Intercity) — Continued
Freight carried, volume indexes, class I and II
(ATA):
Common and contract carriers of property
(qtrly.)
average same period. 1957-59=100..
Common carriers of general freight, seas, adj.*
1957-59=100-.
Carriers of passengers, class I (qtrly.) :§
Number of reporting carriers
Operating revenues total
mil. $
Expenses total
do
Passengers carried (revenue)
miL.
Class I Railroads
Freight carloadings (AAR):
Total cars
thous __
Coal
do
Coke -.
do
Forest products
do
Grain and grain products
do
Livestock
do
Ore
do. ..
Merchandise, l.c.l
- - ._
_..do
Miscellaneous
do
Freight carloadings, seas. adj. indexes (Fed. R.):
Total ..
1957-59=100-.
Coal
do
Coke
do .
Forest products .
do .Grain and grain products
do. _.
Livestock
_. _ .
do
Ore
do
Merchandise, l.c.l
do . Miscellaneous
do
Financial operations (qtrly.) :
Operating revenues total 9
mil $
Freight"
'
do
Passenger
do
Operating expenses
do
Tax accruals and rents
do
Net railway operating income
do
Net income (after taxes)
do
Operating results:
Ton-miles of freight (net), revenue and nonrevRevenue ton-miles*
Revenue per ton-mile (qtrly. avg.)

do
cents..

150.9

161.2

154.7

144.3

156.3

157.1

do
do

Passports issued and renewed
National parks, visits
.
Pullman Co. (qtrly.):

do
. . do...

Passenger revenues
mil $
COMMUNICATION (QTRLY.)
Telephone carriers:
Operating revenues 9
mil $
Station revenues
do
Tells message
do
r
3
Opemtin° expense* (before taxes)
do
Net operatinp income
do
Phones in service end of period
mil
Telegraph carriers:
Domestic*
Operating revenues
mil. $_.
Operating expenses, incl. depreciation -..do . _
International:^
On^rdtin

°

<s " ~ ~ ~ ~ l ~ i 1

Net operating revenues

7

~f~

rln

do

155.7

157.3

154 9

156.2

156.7

156.7

157.6

155.3

155.2

156
210 6
159.4
65 2

156
149 3
128.4
52 7

29,618
5, 590
432
1,P96
2,877

2,791
2541
244
2198
2273

2,229
329
35
161
209

2,434
464
36
163
206

2 2,2 966
528
242
2201
2283

2,175
360
33
150
236

2,357
469
32
158
232

22,985
2570
241
2193
2260

2,526
485
32
154
234

2,333
443
32
146
233

2 2, 624
2553
238
2175
2252

2,049
438
29
148
201

2,054
434
29
158
193

2 2, 660
2528
234
2205
2249

2,221
458
28
155
170

125
1,956
459
16, 084

110
2, 131
322
16, 159

28

7
155

2
7
2299
230
2 1,575

5
226
23
1,143

232
24
1,202

2292
232
2 1, 583

19
203
26
1,373

14
155
24
1,286

210

1,307

7
226
24
1,308

215

2103
233
1,592

2108
228
2 1, 460

6
67
20
1,139

4
68
20
1,149

27
291
225
2 1, 520

5
121
21
1,263

97
97
100
103
97
40
95
20
100

96
95
98
102
105
35
102
14
99

100
99
94
105
109
33
109
14
103

97
75
101
107
108
32
149
14
101

100
105
108
107
111
32
105
13
101

95
98
106
103
102
31
91
13
97

94
98
118
103
89
31
89
13
96

94
100
107
98
105
34
91
13
95

95
94
100
99
103
36
99
13
98

94
96
91
97
100
37
92
13
96

97
95
88
98
104
40
130
13
100

99
95
87
103
109
38
129
13
101

97
95
82
105
99
32
116
12
100

96
96
78
107
94
29
104
11
98

96
97
74
109
100
30
96
11
98

96
104
80
103
88
24
116
11
98

10,208
8,836
553
7,850
1,396
962
815

10, 655
9,281
544
8,117
1,492
1,046
902

2,518
2,207
122
1,954
351
213
172

2 728
2 394
132
2 033
395
300
259

2 690
2,311
165
2,031
391
268
227

2,718
2,368
125
2,098
356
263
244

709.3
697.7
1.266
17,389

750.5
738.3
1.257
17, 095

181.8
178.0
1.240
3,657

192 3
189.9
1 261
4 151

186 7
186.1
1 242
5,427

189.7
186.1
1.272
3,880

353.5

354.7

2 3 69. 0

356.6

83, 019
9,630

7,193
895

6,849
821

6,847
798

7,065
925

7,071
804

7,480
809

6,795
731

6,962
863

6,549
692

6,744
750

7,013
815

6,929
670

7,909
819

7,136
702

10.03
'62
115

9.41
65
123

10.26
66
117

9.73
67
127

10.43
65
122

9.46
56
114

10.49
65
111

10.45
65
118

10.86
69
113

10.41
60
108

9.35
49
118

10.03
59
106

10.22
62
114

9.79
64
122

10.98
67
123

3,351
3,341
2,093
1,819
1,330
36. 509

3,881
3,759
2,413
2,040
1,548
38, 490

280
262
163
133
176
1,075

301
330
192
153
187
1,766

333
308
195
163
200
2,625

356
459
208
188
210
5,492

397
486
261
211
149
8,730

571
396
262
231
132
8, 582

387
322
268
204
94
3, 872

311
250
217
187
73
2,664

251
217
181
157
71
1,329

236
248
177
183
67
851

100
932

111
941

188
1,380

197
1,711

2,014
34.55

1,969
33.80

474
8.15

449
7 66

650
11 07

397
6.91

11,750
6,272
4, 188
7,076
2,091
81.5

12, 904
6,699
4,761
7,713
2,317
86.0

3,104
1,637
1,124
1,849
556
82.7

3,210
1,669
1 185
1,890
589
83 6

3 260
1,676
1,216
1 935
592
84.9

3,330
1,717
1,237
2,038
580
86.0

305.6
267.4
23.8

319.3
275.5
24.9

76.8
66.9
5.3

80.2
67.8
6 6

80.5
71.1
5 5

81.7
69.7
7 5

112.2
87.0
21.0

121.4
90.4
27.1

28.9
21.7
6.2

29 9

319 3
2 7
7 5

31 4
23 8
6.6

r 27

i

i

r
p
J
Revised.
Preliminary.
Number of carriers
filing complete reports for the year.
3
- Data cover 5 weeks; other periods, 4 weeks.
Preliminary estimate by Association of
American Railroads.
*Xew series. The monthly motor carrier index (ATA) is based on a sample of carriers
that represents approximately one-third of the class I and II common carriers of general
freight; monthly data back to 1955 are shown on p. 40 of the July 1966 SURVEY. Railroad
revenue ton-miles are compiled by Interstate Commerce Commission.




159.8

29,248
5,555
428
1,978
2,662

Waterway Traffic
Panama Canal:
78. 927
Total
thous Ig tons
9.080
In United States vessels
do
Travel
Hotels:
9.71
Average sale per occupied room.. .
dollars.
62
Rooms occupied
% of total
112
Restaurant sales index. ..same mo. 1951 = 100..
Foreign travel:
Departures
Allen 1 ^' Arrivals

155.0

154
126.1
121.5
49.3

i 147
604.7
511.5
213.2

159.4

163.3
154.7

92 1

6.8

fEffectivc 1st qtr. 1965, carriers reporting both intercity and local and suburban schedules
are classified as intercity if intercity revenues equal or exceed 50 percent of revenues from
both operations.
9 Includes data not shown separately.
. . . ,
^Comparability of data between periods shown has been affected by organizational
changes: certain operations reported prior to 1965, and others reported through mid-iybS,
are no longer covered.

SURVEY OF CURRENT BUSINESS

May 1967
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

S-25

1966

1966
Mar.

Annual

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Acetylene
mil. cu. ft.. 16, 745
Ammonia, synthetic anhydrous (commercial)
thous sh tons ' 8, 710.9
1, 077. 7
Carbon dioxide liquid gas and solid
do
Chlorine gas (100% Ch)
do . '6,478.7
-1,368.1
Hydrochloric acid (100% HC1)
do
- 4, 889. 7
Nitric acid (100% HNOa)
do
Oxygen (high purity)
mil. cu. ft. 182, 031
Phosphorie acid (100% PzOt)
thous. sh. tons.. -3,904.6
Sodiurn carbonate (soda ash), synthetic (58%
Na2O)
thous. sh. tons. '4,928.0
'141.0
Sodium bichromate and chromate
.. do
'6,796.4
Sodium hydroxide (100% NaOH)
do
Sodium silicate (soluble silicate glass), anhydrous
'587.8
thous sh tons
Sodium sulfates (anhydrous, refined; Glauber's
salt' crude saltcake)
thous. sh. tons.. '1,407.9
24, 789. 5
S ul f uric acid (100% HsSO^
do

609.1

65.4

54.7

39.2

49.9

47.5

1, 429. 5
27,186.5

129.4
2,297.2

119.2
2,420.7

123.8
2,314.9

118.4
2178.3

116.6
2,233 6

Organic chemicals, production :cf
Acetic anhydride
Acetylsalicylic acid (aspirin)
Creosote oil

1,600.9
34.1
i 112.7

135.2

129.0

122.3

137.9

116.9

134.0

2.4
9.5

10.0

DDT
Ethyl acetate (85%)
...
Formaldehyde (37% HCHO)
Glycerin, refined, all grades:
Production
Stocks, end of period
Methanol synthetic and natural
Phthalic anhydride - -

-

mil. Ib
_ do_ _ _
mil. gal

1,531.7
29.0
2 108. 4

16,839

1,533

1,370

1,395

1,360

1,323

1,464

1,471

1,426

1,399

10,661.1
1, 298. 2
6, 946. 0
1, 560. 3
5, 333. 0
214, 853
4, 522. 8

920.2
100.5
593.5
121.4
450.5
18,303
394.7

851.9
101.1
573.3
123.3
431.3
17,636
405.0

976.1
110. 1
587.4
132.6
428.9
18,634
406.2

889.8
118.8
560.5
121.4
394.9
17,868
360.8

855.6
129.8
577.4
127.8
395.3
17, 347
361.2

857.2
134.0
585.6
124.8
420.9
18, 167
374.2

847.8
115.4
570.0
125.0
423.7
18, 125
353.2

822.2
113.9
605.2
135.5
469.2
19, 178
388.0

911.4
106.9
599.6
129.5
497.5
18,584
374.3

5, 073. 2
138.9
7, 342. 0

439.1
12.6
628.1

423.0
12.6
605.2

452.6
11.9
625.9

433.1
11.6
595.9

431.7
11.3
606.7

417.2
11.9
617.4

400.7
11.9
605.7

445.2
12.9
649.0

408.2

424.4

634.1

657.2

391.2
11.5
'656.9

359.0
11.8
596 2

56.0

53.9

51.1

'47.9

47 0

3.1

10.5

2.8
9.0

2.9
9.7

2.9
9.0

11.4

9.3

55.1

52.8

115.0
118.1
120.5
2,209.2 2, 162. 8 2,316.0

112.8
2,347.2

126.8

137.0

2.4

125.7

2.9
9.9

3.2
8.8

11.5

2.7
9.6

1,409

' 1, 467

1,234

1,049.6 '994.9
96.2
'91.6
615.2 '633.1
135.4 ' 133. 6
512.5 '531.8
18, 343 '18,333
391.6 '406.7

922 9
82.1
590.0
126.8
521.3
17,486
411.5

9.1

114.0 '117.0
104.7
2,447.0 '2 356 1 2 328 6
137.3

129.8

114 7

108.4

10.0

9 9

7 2

10.7

3.4

2.9

2.2

2.9

141.5
mil. Ib - 144.6
i 121. 6
107.3
do
1 3, 085. 5 1 3, 627. 1
do

14.2
11.9
290.1

14.0
10.5
296.1

9.9
9.4
320.7

318.8

10.3
12.8
309.6

10.9
12.1
308.3

10.1

274.6

10.9
291.9

9.9

315.4

8.7

309.7

10.9
300.9

9.7
9.9

289.8

312.6

353.2
24.7
1 433. 3
579.1

365.6
26.0
i 485. 6
i 674. 8

29.8
30.0
39.6
57.3

30.1
16.6
39.1
54.9

29.9
20.8
36.7
57.1

32.4
20.1
33.2
55.7

25.6
20.4
39 8
54.7

31. 5
23.8
41.2
56.2

30.5
21.7
41.2
57.6

32.4
22.4
43.1
58.4

35.2
24.3
42.8
59.9

30.8
26.0
48.1
58.7

30 9
27.5
42 2
58 3

26.5
' 27.3
41 0
53 6

30.9
27.0
44.5
57.6

710.1
200.5
589. 5
70.0

659.1
204. 0
570.0
74.7

54.6
211.6
52,0

53.2
208.5
45.7

50.8
207.9
48.6

6.1

58.1
201.5
43.9

8.9

59.4
204.0
48.0

6.4

7.0

59.6
199.0
47.7

7.1

48. 0
205.3
48 3

6.5

53 1
210.3
40 9
4 8

65.2
196.9
50.9

6.1

52.9
207.0
46.9

57.0
203.1
56.6

49 1
205.1
41 9

315.9
315. 2

307.3
310.0

25.3
25.9

3.3

3.0

4.0

25.8
26.5

3.7

26 0
26 1
29

23.7
23.6

25.9
26.2

3.7

22 1
22 3
3 0

27.8
26.7

3.5

24.6
24.6

26.2
26.4

5.4

28.0
28 1
'3.9

30.4
30 7

3.2

22.6
22 8
28

3 10. 810
3
1. 196
3 8, 104
3 1. 053

14,219
2,303
10,018
1,000

1,150

1 002

1,174

1,086

1 378

1 194

1,155

1,131

1 273

1 128

1 166

118
854
108

137
922
83

177
181

154
160

1,780

2, 382

19
32
244
22

do
do_ _ _
mil gal
mil. Ib

12.0

8.3

9.1

12.2

9.3

9.7

8.3

ALCOHOL
Ethyl alcohol and spirits:
Production
mil. tax gal
Stocks, end of period
do
Use for denaturation
do
Taxable withdrawals
.
do
Denatured alcohol:
Production
_ _ _ .mil. wine gal. _
Consumption (withdrawals)
do
Stocks, end of period
.
do

6.8

3.2

5.2

3.5

5.1

5.0

FERTILIZERS
Exports, total 9
Nitrogenous materials
Phosphate materials
Potash materials

_

Imports:
Ammonium nitrate
Ammonium sulfate
Potassium chloride . - . . Sodium nitrate

thous. sh. tons
do
do
do

_

do
do
do _
do

Potash deliveries (KjO).
_ _
_do _
Superphosphate and other phosphatic fertilizers
(100%P205):
Production^ _ _ _ _ . _. _
thous. sh. tons
Stocks, end of period
do

272
747
47

103
786
74

192
854
73

20
20
284
38

15
10
175
43

128
736
115

272

472

334
658

328
572

12
g
118
33

12
5
214

158
337
647

321

3,991

495

626

308

147

3,834

4,431

422
413

400
293

402
383

365
520

624

13
10
260
13

10
5
82
32

3,342

469

11
8
237
34

197
808
85

15
26
290
44

398

443
864
58

172
821
104

140

115

1.497

193
805
88

1,000

(4)

1 432

216

1,019

94

116
979
136

14
20
228
13

12
12
175
35

11
20
221
9

9
29
213
30

372

282

286

351

296

367
552

370
612

395
624

' 403

406
637

r 602

437
621

MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
Black blasting powder
__
mil. Ib
.8
High explosives
.
do
1, 459. 4
Paints, varnish, and lacquer, factory shipments:
Total shipments
mil. $ 2, 169. 3
Trade products _ _ _ _ _
do
1, 246. 7
Industrial
finishes
_ _ d o _.
922.6
Sulfur, native (Frasch) and recovered:
i 7, 336
Production
thous. Ig. tons3,425
Stocks (producers'), end of period. _
do

.5

.1

.2

1,753.1

371.4

2, 326. 3
1,315.7
1,010.6

207.3
116.0
91.3

8,222
2,704

3,213

673

1. 1
482.2

471.7
208.7
120. 9
87.8

664

220.9
129.2
91.7

708

3,128

3,021

232.9
140.7
92.2

684
2,984

200.6
123.3
77.3

738

3,014

221 1
132 7
88.4

677
2,975

201.4
115.9
85.5

671
2,925

1

—1 0
427.8

189.1
104 7
84.4

705
2,871

171.7
90.6
81.1

699

142.8
71.8
71.0

722

2,926

2,704

406 4

'162 0
r 81 3

'80 7

694

167 3
88 9
78.4

611

2,722

2,618

14 5

PLASTICS AND RESIN MATERIALS
Production:
i 169. 6
Cellulose plastic materials
mil. Ib
Therm osetting resins:
1
Alkyd resins
,__
do
585. 6
Coumarone-indene and petroleum polymer
resins
mil. lb_.. 1 324.9
388.0
Polvester resins
do
1919.9
Phenolic and other tar acid resins. . . do
Urea and melamine resins. .
do
i 595. 8
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil. Ib 1 2 002 5
Vinyl resins (resin content basis)
do
' 2, 282 0
Polyethylene
do
3, 047. 4

1

190.6

17.0

15.9

15.6

17.5

6. 1

15 2

15 4

16 3

15.3

16.1

14 1

1

614 0

59.0

55.9

55 2

55.1

46 4

52 g

49 4

48 6

' 47 3

45 0

46 7

43 3

* 333. 5
453 3
1
982! 6
1
632 8

28.0
40.5
87.8
56.3

29.2
38.5
84.3
53.0

31.7
38 8
78.6
54.2

29.7
40.9
84.3
58.0

25.9
34 7
73.3
41.2

31.2
37 o
80 6
53 9

27
37
89
53

8
9
0
5

23.9
37 9
90.6
58 3

27.1
38 0
80.4
51.8

22.0
37 1
73.9
47 1

23.4
35 9
'77.7
50 8

25.5
35 4
73.2
46 8

191.5
221.6
291.1

197.6
221.4
274.6

207.3
225.1
288.7

203.2
221.4
292.7

198. 1
190. 1
294. 7

203 7
223 9
311.1

204 6
224 5
311.0

210 3
239 2
304.6

210 2
227 5
312.7

192 7
227 0
326.3

1
2
1
2
1

397 2
670 0
3, 558.7

'2 Revised.
' Revised annual total; revisions are not distributed to the monthly data.
Beginning Jan. 1965, data exclude creosote in coal-tar solutions (formerly included); these
average 930,000 gallons per month in 1964.
3 see note "Q" for p. S-21.
* Less than 500
short tons.




' 190 8 188 6
' 223. 4
206.0
306.8
296.9

cf Data are reported on the basis of 100 percent content of the specified material unless
otherwise indicated.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

S-26
1965
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

May 1967

1966
Mar.

Annual

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total t
mil kw -hr
Electric utilities total
By fuels
By waterpower

do
do
do

Privately and municipally owned util
Other producers (publicly owned)
Industrial establishments total
By fue's
By waterpower

do
do
do

Sales to ultimate customers total (EEI)
Commercial and industrial:
Small light and power§
Large light and power§
Railways and railroads
Residential or domestic
Street and highway lighting
Other public authorities
Interdepartmental

do
do

1 157 5831 248 232 101 899
r

\, 055,252 1,143,737 93, 057

r

861. 401
'193,851
' 859, 414
'195.838
'102 331
r
99 198
* 3, 134

96 667 100, 559 105 367 113 380 112 348 102, 282 103, 070 102 729 109 717 109, 951 101,061

949, 254
194, 482

74,890
18, 167

88 079
71, 759
16, 321

91,630
73, 193
18, 436

96, 492 104, 678 103, 632
80,271 89, 054 87. 309
16, 221 15, 624 16,323

93, 817
79, 722
14, 095

94, 210
79, 786
14, 424

93, 949 100, 860 101, 256
78, 745 83, 053 83, 566
15, 204 17, 807 17, 690

92, 960
76, 369
16, 591

933, 407
210, 329

75, 354
17, 703

71, 694
16, 385

73, 857
17, 772

78, 663
17,830

85, 581
19, 096

85, 221
18,411

77, 727
16,090

77, 789
16, 422

77, 140
16, 809

82, 365
18, 495

82,618
18,638

75, 468
17, 492

104, 496
101, 346
3, 149

8,841
8,527

8,587
8,269

8,929
8,610

8,703
8,490

8,716
8,509

8,466
8,264

8,859
8,626

8,780
8,521

8,857
8,575

8,695
8,393

8,101
7,821

320

8 875
8,600

318

302

280

315

274

212

207

201

233

259

282

do

953 414 1 038 982 84, 035

82 324

82, 001

84 542

89, 682

93, 376

91,519

86, 718

86 350

89, 262

93 362

89 654

do
do

202 112
433 365

225, 878
465 077

17, 034
37, 711

17, 164
37 800

17, 482
38, 726

19, 110
39 159

21, 309
38, 683

21,995
40, 212

21,329
40, 355

19, 166
40, 001

18, 457
39 851

18, 840
39, 560

19, 253
39 652

18, 613
38, 367

do
do
do
do
do

4 652
280, 970
8 782
21, 675
1,858

4,514
306, 572
9 240
25 922
1,779

410
26, 024

776

1,928

151

382

362

24, 001

22, 433

2,111

2,144

727

689
166

138

350

340

355

22, 872

26, 220

27, 667

2,231

2,300

664

155

668
162

714

2,266

166

341
26, 351

746

2,239

158

421

370

376

23, 981

24,371

27,087

2,291

2,306

811

2,238

151

866

139

914
134

438

423

30, 594

28, 895

2,351

2,370

925
149

834

152

Revenue from sales to ultimate customers (Edison
Electric Institute)
mil $ 15 158 4 16 196 1 1,304.7 1 282 8 1, 278. 3 1 3?7 1 1,414.5 1, 453. 1 1, 427. 6 1,351.6 1 330 5 1, 375. 0 1, 431. 2 1, 398. 1
GAS

Manufactured and mixed gas:
Customers end of period total 9
Residential
Industrial and commercial

thous
do
do

702
659
49

674
631
41

699
655
43

673
631
41

667
626
40

674
631
41

mil therms
do
do

1 357
'809

1 396

534

809
579

532
346
186

311
181
127

167
63
103

386
219
163

Revenue from sales to consumers total 9 mil $
Residential
do
Industrial and commercial
do

130 4
87 2
42 1

128 1
83 4
44 3

48 0
33.5
14.5

29 1
19.1

16.3

9.7

8.6
7.9

34.7
22.2
12.2

Sales to consumers total 9
Residential
Industrial and commercial

Natural gas:
Customers end of period total 9
Residential
Industrial and commercial

thous
do
do

37 265
34 227
2 997

37 974
34 870
3 061

37, 282
34,215
3,077

37, 182
34, 182
2,958

37, 157
34, 201
2,915

37, 974
34, 870
3,061

Residential
Industrial and commercial

do
do

118 748
39 190
74 657

127 016
40 701
82 062

41 253
18, 272
22 981

30 043
8,821
19 848

23 566
3,402
18, 686

32 154
10,206
20,547

7 278 5
3* 937 8
3 166 0

7 697 0 2, 748. 8
4 081 7 1 675 4
3 469 3 1 073 4

1, 793. 3
922 4
823 4

1, 194. 9
454.5
693 4

1, 960. 1
1, 029. 3
879.2

Revenue from sales to consumers total 9 m^l $
Residential
do

FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
10. 31
113.04
Production
mil bbl
108. 22
8.73
104. 26
^axable withdrawals
do
100. 42
11.83
Stocks end of period
do
10.34
10,57
Distilled spirits (total):
19.82
191.14
Production
mil tax gal
185. 06
Consumption, apparent, for beverage purposes
mil. wine gal._ r i 294.20 ' i 310.84 25.83
144. 72
12.07
Taxable withdrawals
mil tax gal
137. 52
880. 42 886. 18
Stocks end of period
do
872. 90
5.14
Imports
_
mil. proof gal._
60.30
58. 04
Whisky:
15. 06
Production
..mil. tax gal-- 126. 88
128. 51
90.05
7.87
94.57
Taxable withdrawals
do
Stocks, end of period
do
835. 46 846. 87
835. 85
52. 20
Imports
mil proof gal
4.49
51. 10
Rectified spirits and wines, production, total
mil. proof gal. _
Whisky
do
Wines and distilling materials:
Effervescent wines:
Production
mil. wine gaL.
Taxable withdrawals
do
Stocks end of period
do
Imports
do
Still wines:
Production
do
Taxable withdrawals
do
Stocks end of period
do
Imports
do
r

9.82
8.54
12.34

10.14
9.06
12.62

11.51
10.74
12.58

10.99
10.44
12.25

9.00
8.95
11.62

8.37
7.79
11.54

8.10
7.93
11.08

8.33
8.14
10.57

8.38
7.00
11.31

8.15
7.07
11.77

17.63

17.60

16.70

9.24

12.94

14.31

16.28

17.06

15.20

17.20

17.20

23.55
11.93
888. 94
4.52

24.81
13.40
889. 41
4.66

26.39
12.63
890. 76
4.99

22.34
9.89
887. 20
3.66

24.12
12.31
885. 41
4.38

25.20
12.57
883. 87
5.77

26.45
15.57
879. 81
7.41

32.14
14.32
878. 48
7.15

37.56
10.05
880. 42
5.46

21.18
9.91
885. 49
4.90

21.54
9.76
888.40
3.94

5.21

13.18
7.41
850. 06
4.00

12. 72
8.15
851. 45
4.07

11.50
7.56
852. 97
4.38

4.94
6.00
849. 98
2.82

7.61
7.46
347. 65
3.74

8.72
844. 37
4.58

9.26
11.13
839. 28

e.eo

9.92
10.06
835. 18
6.39

9.85
6.55
835. 46
4.88

12.73
6.49
839. 32
4.10

13.81
6.81
843. 33
3.42

4.49

s.es

94.11
64.81

101.30
67.13

8.60
5.81

8.10
5.36

9.49
6.38

8.12
5.06

5.93
3.83

8.46
5.72

9.21
6.40

12.70
9.34

9.92
6.46

6.92
3.99

6.49
3.60

6.87
4.26

7.29
6.25
3.10
1.45

8.75
7.40
3.75
1.64

.88
.48
4.14
.12

.65
.49
4.26
.10

.66
.50
4.34
.13

.82
.61
4.49
.11

.47
.38
4.55
.08

.73
.54
4.66
.10

.58
.73
4.46
.11

.72
.91
4.20
.23

.73
1.01
3.88
.25

.96
1.00
3.75
.18

.86
.51
4.01
.14

.86
.43
4.38
.13

.17

233.41
167. 14
262. 30
14.91

218. 82
165. 77
265. 10
16.34

2.58
17.62
225. 26
1.38

2.26
12.89
214.16
1.16

3.03
12.66
202.11
1.48

2.30
14.91
188. 78
1.30

1.52
9.81
178.58
1.02

9.63
13.10
171. 88
1.21

72.94
13.93
225. 04
1,25

88.44
15.90
290. 38
1.57

17,88
16.09
282. 86
2.07

8.28
14.47
265. 10
1.43

3.49
13.43
253. 50
1.22

3.14
13.14
239. 90
1.08

1.47

47H K.R

•iac\ 9Q

9 89

4 d.7

9 21

Revised.
1 Reported annual total; revisions not allocated to the months.
tMonthly revisions for 1964 appear on p. 43 of the June 1966 SURVEY; production data for
all periods shown here include Alaska and Hawaii.




11.32
10.59
12.48

US 40
as 90
§ Data are not wholly comparable on a year to year basis because of changes from one
classification to another.
9 Includes data not shown separately.
1 fiR

9 37

21 9£

19Q Sfi

18.65

8.68

7.44

S-27

SURVEY OF CURRENT BUSINESS

May 1967
1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

Annual

1966
Mar.

Apr.

May

1967
1

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

104.4
.672

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory)
Stocks, cold storage, end of period ._
Price, wholesale, 92-score (N.Y.)
Cheese:
Production (factory), total
American, whole milk _ _ ...

mil. Ib
. . do
$ per lb._

1,322.8
52.1
.610

1, 119. 2
32.3
.672

101.5
25.5
.643

106.2
34.3
.632

116.4
53.2
.641

114.8
'85.8
.666

83.9
92.2
.717

77.3
85.9
.736

70.5
68.4
.754

79.1
58.1
.699

80.8
39.0
.680

97.4
32.3
.674

112.9
35.1
.669

103.8
54.7
.672

113.3
'76.2
.672

. mil. Ib
do.

1,755.5
1,158.4

1, 873. 6
1, 234. 5

158.7
100.2

165.6
113.0

184.2
130.5

194.5
138.3

169.5
116.6

156.8
105.3

145.6
95.3

144.0
91.6

139.4
85.8

155.3
98.6

153.1
101.5

143.0
94.9

160.3
107.2

372.7
322.2
135.5

275.7
235.4
11.1

302.9
258. 9
7.8

330.0
282.4
5.9

369.7
321.1
10.3

391.3
340.9
9.7

402.5
349.4
10.8

398.4
347.1
10.3

388.8
335. 5
15.3

378.3
325.4
17.8

372.7
322.2
17.8

367.8
317.4
14.7

361.2 ' 367. 4
308.6 ' 317. 9
13.2
18.8

.527

.524

.507

.500

.517

.539

.562

.562

.554

.530

.530

.530

.520

.518

127. 1
1, 730. 9

9.1
147.0

9.3
165.6

11.2
193.2

11.0
195.4

11.6
158.1

11.3
159. 1

12.2
133.8

12.2
125.8

11.1
107.4

9.4
109.9

4.8
105.2

2.9
103.7

3.9
121.0

11.6
192.9

6,6
40.2

5.8
73.6

8.5
128. 3

8.4
205.8

6.1
223.4

6.9
217. 2

6.0
245.1

7.0
253.4

7.2
230.8

11.6
192.9

14.3
150.0

'15.5
119.6

13.8
81.9

92.9
38.4

9.7
3.1

4.7
3.4

9.1
4.4

8.6
2.5

8.3
3.5

10.7
4.9

8.1
3.8

10.3
3.4

7.0
2.1

5.6
3.0

1.5

5.9

6.73

6.46

6.55

6.63

6.64

6.78

6.93

7.07

7.06

7.07

7.06

7.05

7.05

7.05

120, 230
57. 365
4.81

10, 537
5,026
4.54

10, 725
5,270
4.44

11,525
5,849
4.34

11,269
6,152
4.36

10,350
5,187
4.71

9,763
4,804
'5.00

9,263
4, 181
5.29

9,333
4,048
5.40

9,012
3,907
5.38

9,511
4,371
5.30

9,855
4,770
5.15

9,217
4,545
5.06

10, 510
5,217
'4.95

87.5
1, 587. 5

7,5
146.0

8.1
167.5

7.6
188.0

8.9
192.5

7.0
132.0

7.5
110.5

7.0
89.0

6.5
92.9

6.0
92.9

5.5
122.7

5.8
133.8

6.0
129.6

6.9
144.0

6.9
118.5

5.9
47.5

6.7
79.4

9.2
112. 5

8.7
139.8

8.8
143.6

8.2
129.3

7.9
118.4

8.4
116.8

8.3
112.2

6.9
118. 5

6.8
118.7

7.0
111.7

7.2
99.6

16.4
170.3

2,0
16.2

1.0
28.8

2.2
9.5

.5
8.3

1.2
26.0

2.6
19.7

1.4
15.6

.9
9.8

.8
8.8

.8
4.1

1.2
9.4

1.6
14.4

.182

.156

.169

.172

.174

.195

.202

.206

.200

.204

.201

.200

.199

.201

1, 590. 3

161.3

160.6

139.7

143.4

119.0

138.7

134.0

126.8

125.5

101.3

90.5

82.7

100.9

2 392.3
300.8
184.5
116.3
i 65.9

2 389. 6
' 292. 3
177.2
' 115. 1
63.6

193.1
99.2
94.0
4.5

7.9

7.3

3104.8
346.1
358.fi
8.0

3.0

3.7

386.1
245.3
140.8
8.5

4.6

1.33
1.27

1.35
1.33

1.36
1.35

1.32
1,29

1.33
1.30

1.30
1.27

1.30
1.27

1.34
1.31

1.39
1.35

1.41
1.39

1.37
1.36

2 4,084
204. 9

2 4, 103
203.6

18.0

17.0

16.8

18.2

16.9

18.1

17.1

18.3

4,041
3,085
956
i 598. 9

3,663
2,885
778
616.6

2,863
2,123
741
65.7

64.6

53.4

1,783
1,324
459
55.3

43.4

51.8

3840
3
530
3311
45.3

1.28
1.25

1.34
1.31

1.25
1.22

1.28
1.24

1.28
1.26

1.32
1.25

1.39
1.33

1.48
1.40

1.44
1.40

2927
762
660
103

2

798
660
555
' 105

124.3

30.2

.8

3.4

5.2

3.9

3.6

2.3

3.2

4.2

2.3

.74

4.77

.77

.75

,74

.78

.77

.76

.75

.78

.78

76.3

285.1

1,612
1,055

1,586
946

126
105

95
59

76
97

117
61

66
54

82
53

266
'109

371
110

33
54

154
58

Stocks, cold storage, end of Dcriod..
do_
308.6
American, whole milk
do. _
271.0
Imports
.
.
.do
79.3
Price, wholesale, American, single daisies (Chi.450
cago)
...
$ per Ib
Condensed and evaporated milk:
Production, case goods:
95.9
Condensed (sweetened) .
mil. Ib
1,693.0
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of period:
5.9
Condensed (sweetened)
mil Ib
134.8
Evaporated (unsweetened)
..do. .
Exports:
i 65.3
Condensed (sweetened)
do. _
124.7
Evaporated (unsweetened)
do
Price, manufacturers' average selling:
6.09
Evaporated (unsweetened)
$ per case
Fluid milk:
124,
173
Production on farms
mil. lb_.
60,168
Utdlization in mfd. dairy products
do
'4.23
Price, wholesale, U.S. average
$ per 100 lb_
Dry milk:
Production:
88.6
Dry whole milk
mil. lb._
1,992.7
Nonfat dry milk (human food)
do
Stocks, manufacturers', end of period:
5.0
Dry whole milk
do
58.2
Nonfat dry milk (human food)
do
Exports:
i 20.0
Dry whole milk
do
1438.8
Nonfat drv milk (human food)
do
Price, manufacturers' average selling, nonfat dry
.147
milk (human food)
$ per lb._

382.0
329.8

.518

10, 732

4.84

GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats rye, wheat)... mil. bu_. U,385.6
Barley:
Production (crop estimate)
Stocks (domestic), end of period
On farms.
Off farms.
__
Exports, including malt§
Prices, wholesale (Minneapolis):
No. 2, malting
No. 3, straight

do
do
do
do
do
$ per bu
do

Corn:
Production (crop estimate, grain only).. mil. b u _ _
Grindings, wet process..
do
Stocks (domestic), end of period, total, .mil. bu..
On farms
do
Off farms _
do
Exports, including meal and" flour
do
Prices, wholesale:
No. 3, yellow (Chicago)
$ per bu_.
Weighted avg., 5 markets, all grades
do
Oats:
Production (crop estimate)
Stocks (domestic), end of period, total
On farms _
Off farms..

mil. bu
do
do
do

Exports, including oatmeal
do
Price, wholesale, No. 2, white (Chicago)
$ per bu._
Rice:
Production (crop estimate)
mil. bags 9
California mills:
Receipts, domestic, rough
mil. Ib
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of period
mil. Ib
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. Ib
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of period..
mil. lb._
Exports
do
Price, wholesale, Nato, No. 2 (N.6.)
$perlb__

2

536
448
87

3316
3 3241
75

2.7

3.1

205.9
113.9
92 0
.8

1.36
1.34

1.35
1.34

1.32
1.31

1.33
1.32

1.32
1.31

16.9

15.1

16.2

15.1

17.6

16.7

35.6

56.4

3,663
2,885
778
44.6

35.4

38.1

2,704
2,034
670
49.0

1.37
1.35

1.31
1.33

1.42
1.37

1.40
1.36

1.38
1.33

1.38
1.34

833
675
158

.2

1.36
1.32

441
354
88

660
555
r 105

'.5
.79

.77

.77

179
197

147
119

163
122

207

317

143

146

80

111

99

97

168

304

262

317

260

248

239

5,711
4, 020

5,880
3,962

133
291

108
253

72
288

25
365

98
271

896
232

1,312
366

1,640
404

664
416

405
399

341
403

294
414

232
441

1,641
i 3,411
.083

1,758
2,978
.083

1,170
233
.083

1,002
205
.083

763
295
.083

442
219
.083

254
404
.083

623
85
.083

1,109
200
.083

1,826
226
.083

1,867
246
.085

1,758
322
.085

1,611
472
.085

2,766
390
.085

1,163
461

1.19

24.3
1.23

5

Rye:
233.2
227.9
Production (crop estimate)
mil. bu
24.8 -----Stocks (domestic), end of period.
do
28.8
'28.3
Price, wholesale, No. 2 ( Minneapolis).. $ per bu..
1.20
1.15
1.14
1.16
r
2
Revised.
j> Preliminary.
i See note "O" f or p. S-2 1.
C r op estim ate for the
year.
3 Old crop only; new crop not reported unl il beginn ng of nev/ crop ye ar (July for
barley, oats, rye, and wheat; Oct. for corn).
« Av erage for 1 1 months




'292 3
177.2
' 115 1
4.3
1.4

319.0 ........
37.8
'28.3
1.23
1.19
1.25
1.20
'Be ginning J une!965, data inchide shif >ments t<5 Gov't. agencies.
«Le ss than 500,000 bu shels.
§ Exclu ies pearl barley.
9Biigs of 100 Ib.

.75

1.21

SURVEY OF CURRENT BUSINESS

S-28
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

1966

1965

May 1967

Mar.

Annual

May

Apr.

June

July

1967
Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

Apr.

i

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate), total
Spring wheat
Winter wheat
Distribution

mil bu
do
do
do

i 1,316
1

299
1 1 017
1 432

i 1,311
*254
i i 057
1 602
' 1, 049

419

382

406

395

346

2 535
2 131
2 404

1,441

'1,049

703
241
462

Stocks (domestic), end of period, total
On farms
Off farms

do
do
do

1 336

405
931

r 640

409

917
256
662

Exports total includin 0 "
Wheat only

do
do

3 694 2
3
646. 5

875.7
820.8

90.4
87.7

83 6
77.7

72.8
67.0

76.2
71.4

68.8
64.1

80.5
74.7

76.2
71.6

81.8
75.8

62.1
56.1

55.1
50.5

51.8
48.1

40.7
38.0

50.8
46.5

1.97
1.81
1.88

1.87
1.64
1.74

1.84
1.65
1.72

1.87
1.74
1.78

1.98
1.89
1.88

2.10
1.99
1.96

2.09
1.98
1.98

2.09
1.93
2.08

2.02
1.80
2.00

2.00
1.88
1.98

1.97
1.86
1.95

1.92
1.79
1.91

1.91
1.73
1.87

1.97
1.84
1.93

257, 188
91.3
4 668
579, 183

23, 013
90.7

20, 686
89.2

20, 628
89.0

22, 350
92.4

20, 037
90.9

22, 380
88.3

23, 093
98.8

22, 924
98.1

21,484
91.9

20, 803
88.9

20, 669 '19,390
'87.3 '86.1

21,810
83.4

350

377

51,811

46, 585

46, 382

50, 222

45, 402

50, 400

51,996

51, 602

48, 133

46, 621

46, 429 '43,506

48,929

4 180
23^ 540

4 086
1,155

2,532

2,492

4 228
2,071

2,015

2,495

4 197
1,962

2,601

2,595

4 180
1,956

6 365
5.994

5 913
5. 540

5.925
5.567

6.050
5.800

6 450
6.200

6.905
6.573

6.838
6.483

6.813
6. 433

6 638
6. 167

6.550
6.100

6.325
5.883

4 432
27 319
13, 133
8 056

2 232
1,110

flour

Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
1.83
$ per bu__
Xo. 2, hd. and dk. hd. winter (Kans. City). do
1.58
Weighted avg., 6 markets, all grades
do
1.70
Wheat flour:
Production:
Flour
thous sacks (100 Ib ) 254 584
Operations, percent of capacity
90.9
4 693
Offal
thous sh tons
Grindings of wheat
thous bu
575, 874
Stocks held by mills, end of period
4 314
thous sacks (100 Ib )
Exports
.
do
3 20, 464
Prices, wholesale:
Spring, standard patent (Minneapolis)
$ per 100 Ib
5 784
Winter, hard, 95% patent (Kans City) do
5.464

416

374

373

403

409

544
897

367

405

420

'640

417

389

377

376

1,564

1,172

1.96
1.78
1.91

4,226
1,844

r

6. 250
6.175
' 5. 700 5.633

LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous animals
Cattle
do
Receipts at 26 public markets
do _.
Shipments, feeder to 8 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
$ per 100 Ib
Steers, stocker and feeder (Kansas City)__do
Calves, vealers (Xatl. Stockyards, 111 ) do
Hogs:
Slaughter (federally inspected) thous animals
Receipts at 26 public markets _ _
do
Prices:
Wholesale, average, all grades (Chicago)
$per lOOlb..
Hog- corn price ratio (bu. of corn equal in value
to 100 Ib. live hog)
Sheep and lambs:
Slaughter (federallv inspected) thous. animals
Receipts at 26 public markets
_ do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
$ per 100 lb_.

5 076
26 614
13, 994
7 230

4

25 81
22. 50
27 17
63 708
15,386

4

20.78

18.2
11,710
3,450
2 157

459

395

313

2 397
1,151

2,236

373

976
443

26.54
26.31
33.50

25.33
24.92
33.00

25.26
24.15
26.50

5,303
1,291

4,913
1,245

4 672
1,192

21.72

22.25

22.88

513

932
466

961
448

26.17
25.42
32.38

28.96
27.62
36.00

27.73
26.74
35.00

63, 729
15, 175

5 806
1,316

22.88

24.00

18.6
r

318
2,249

370

2 103

11, 553
* 3, 901
1,988

313

400

2,257
1,042

2,365
1,142

2,105

2,338

705

514

840
355

943
459

891

911

2,285
1,244
1,325

372

2 335
1,355
1 424

25.73
25. 51
28.50

26.07
25.51
30.00

25.48
24.79
31.50

24.93
24.18
32.50

24.49
24.28
32.50

25.21
24.32
33.00

24.92
24.04
35.00

24.65
24.58

24.59
24.81

4,228
1,004

5,088
1,192

5,888
1,305

6,047
1,439

6,200
1,469

6,215
1,460

6,280
1,497

5,652
1,233

6,725
1,442

1,372

22.65

23.85

22.57

21.34

19.78

19.10

18.77

18.81

18.05

17.23

16.4

16.4

15.2

14.6

14.8

14.9

14.0

13.5

1,067

1,022

905
269
111

298
88

989
221
70

1,072

405
337

896
344
126

250
71

215
22.75

576

18.6

18.7

19.3

18.1

18.3

I , 035

970
315
168

1,040

335
109

929
303
104

1,024

314
120

972
279
172

20.5
r

r

384

2 416
1,115

361

2,469
1,148

398
230

390

427
325

389

366

1,053

24.29

25.00

26.75

25.75

27.12

24.25

23.75

24.75

24.00

23.25

22.25

22.00

22.50

21.25

21.25

28 336

29 289

2 500

2 349

2,363

2 432

2,197

2,480

2 593

2 600

2,639

2,647

2,732

2,419

2,748

585
32
107

572
31
88

518
38
143

495
34
98

433
45
123

451
43
131

509
59
1°8

565
52
104

621
36
106

668
36
115

697
42
99

'727

776

1 291

1,359

1,466

1,346

1. 489

1,467

1,414

1,418

1,488

1,324

232
3
101

1,432

1,466
'313

9

296

.419

.427

MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in) , inspected
slaughter _.._
mil Ib
Stocks (excluding lard), cold storage, end of
period
mil Ib
Exports (meat and meat preparations)
do
Imports (meat and meat preparations)
do
Beef and veal:
Production, inspected slaughter
do
Stocks, cold storage, end of period
__ do
Exports
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (XewYork)
$perlb-_
Lamb and mutton:
Production, inspected slaughter
mil Ib
Stocks, cold storage, end of period _ _ _
do
Pork (including lard), production, inspected
slaughter _
mil Ib
Pork (excluding lard):
Production, inspected slaughter
do
Stocks, cold storage, end of period ...
do. _
Exports
do
Imports
do
Prices, wholesale:
Hams, smoked, composite
$ per Ib
Fresh loins, 8-12 Ib. average (Xe\v York) ..do
Lard :
Production, inspected slaughter
mil Ib
Stocks, dry and cold storage end of period do
Exports
__
do
Price, wholesale, refined (Chicago)
$ ner lb..
r
1

Revised.
p Preliminary.
Crop estimate for the year.




484
3

535
1 012

1 318

528
43
94

15 995

16 708

1,367

6°1
480

.460

.442

.424

.410

.440

.448

.433

.427

.431

.437

.434

54

50

49

55

52

21

20

18

46

99

22

51

45

26

52

13

51

45

18

49

12 000

1 078

1 008

954

914

806

942

1 074

1, 117

9 670

878
217
4
31

804
272
3
9
9

761
268
5

797
214
6
°6

646
179
3

757
140
4
18

867
151
4
22

901
171

557

.433

.441

576

581

11 766
9 330

152

3

53

262
542

. 532
1 772
f,9
3

251
.153

325
3
63

.469

895

12

282
3

65

718

46

261
3

213
2
53

236
3
50

269

3

317

17

234
55
9
98

225
9

219
3
103

227

68

2
96

20

O9

99

595

537

552

562

552

.568

.533

.562

.604

.561

.577
.577

1 696
' 100

144

149

136

116

134

94
10

73
16

.152

.160

.140

.143

. 164

587

.569

158

18

<)4

.150

141

104
15

. 144

10°
15
2
3

9C>

317
3
73

334
3
82

41
110

3
67

56
' 15

16

17

15

15

1,177

1, 183

1,189

1,042

1, 226

955
234
6
25

959
256
5
23

845
290
7
27

'331

386

°6

961
206
7
24

.580

. 557
. 550

.568
.509

.625
.497

.578
.512

.540
. 506

.467

.458

149

157

163

fi4
8

165

143
125

166

70
15

167

. 158

. 148

.143

.133

.138

78
19

100
14

116
18

r

14

996
6
32

134
10

.136

Old crop only; new grain not 4reported until beginning of new crop year (July for wheat).
See note "O" for p. S-21.
Beginning 1966, data are for receipts at 28 markets.

SURVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

S-29

1966

1966

Annual

Mar.

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Mar.

Feb.

Apr.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil. lb. .
Stocks, cold storage (frozen), end of period, total
mil. lb_.
Turkeys
_ . . __
do. _
Price, in Georgia producing area, live broilers
$ per lb_.

7,998

' 8, 786

'562

'603

617

'724

r 717

'893

931

958

888

790

682

551

624

315
200

436
267

201
122

169
92

151
69

160
70

209
104

283
171

409
284

539
395

468
312

436
267

437
275

409
254

'351
'207

320
175

.145

.145

.165

.150

.160

.155

.155

'.150

.140

.120

.125

.110

.125

.140

.130

.125

'16.0

' 15.8

'16.2

'15.3

'15.2

'15.0

'14.7

'15.5

'15.4

' 16.2

16.4

15.0

17.0

16.7

28
24

42
33

76
42

101
55

79

48

23

27

64

60

100

62

57

'55

' 41
r 44

.423

.385

.319

.325

.399

.417

29.2
.259

33.5
.244

14 0
.248

20.3
.274

9.6
.270

Eggs:
Production on farms
mil. casesO.. ' 182. 5 ' 184. 6
Stocks , cold storage, end of period:
85
27
Shell
thous. cases O
36
51
Frozen
_ ...mil. lb .
Price, wholesale, extras, large (delivered; Chicago)
.401
$ per doz._
.328

53

99

46

39

36

37

.477

.430

.456

.399

.343

.311

.322

.265

10.3
.241

13.4
.240

15.9
.233

26.8
.249

49.8
'.266

50.9
.305

39.8
.290

.274

41

54

MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl. shells)
thous. Ig. tons..
Price, wholesale, Accra (New York)
$ per lb._

354.4
.172

319.3
.246

46.6
.233

Coffee (green):
Inventories (roasters', importers', dealers'), end
of period
..-. thous. bags cf- .
Roast ings (green weight)
do

3,143
21,680

3,141
21,300

3,189
5 571

21,290
5,742

22, 056
6, 726

2 382
529

1 965
597

1 818
570

1 680
560

1 570

.451
1,434

.414
1, 544

.420
130

.423
111

.413
101

.410
103

.406
75

.413
117

230

271

162

164

178

211

472

40

2,347

' 2, 797

2,675

2,300

1,642

4,152
5,796
1,966

4, 042
6, 232
1,915

194
331
203

134
231
235

90
258
260

43
407
198

589
188

817
163

500
113

10, 151
10,020
2,648

10, 444
10, 297
2,594

831
817
2,519

750
739
2,514

837
825
2,300

976
967
1,982

1,038
1,028
1,670

1,032
1,020
1,300

1,073
1 058
1,007

sh. tons . i 2, 359

3,006

1 765

155

123

75

131

86

177

380
68

Imports total
do
From Brazil
do
Price, wholesale, Santos, No. 4 (New York)
$perlb._
Confectionery, manufacturers' sales
mil. $
Fish:
Stocks, cold storage, end of period
mil. lb__
Sugar:
Cuban stocks, raw, end of period
thous. Spanish tons..
United States:
Deliveries and supply (raw basis) :§
Production and receipts:
Production
thous. sh. tons
Entries from off-shore, total 9
do
Hawaii and Puerto Rico
. _ . _do. _
Deliveries, total 9
. _ do._.
For domestic consumption
do
Stocks, raw and ref., end of period
do
Exports, raw and refined
Imports:
Raw sugar total 9
From the Philippines
Refined sugar, total

.

thous sh. tons
do.
...... do . _

Prices (New York) :
Raw, wholesale
$ per lb
Refined1.
Retail (incl N E New Jersey) $ per 5 lb
Wholesale (excl. excise tax)
$ per lb
Tea, imports

thous. lb

162'

3,343
5 119

3 468
5 185

451

48

1 309

9

168

1 573

947

455

.410
182

403
171

248

259

1,297

153

2 085

960

2,874
5,657

3 141
5 425
1 618

2,092

359

412

'.395
146

.388
143

.388
135

.385

271

253

224

204

190

40

685

1.640

2,890

3,390

896

561
2,074

216

1 664

1 979

471

560

.403
169

.398
138

262

272

1, 022

762

242

128

676

1 073

60

337
136
776
763

357
82

232
7

776
759

889
871

170

246
143

674
658

683
673

233
184

1,460

2,142

2,594

2,832

84

184

88

40

89

91

612
154
3

390
33
5

338
56
9

289
16
5

225
64
5

295
45
10

406
100
4

' 2, 734 p2,550

3 783
1,055
82

4,198
1,039
38

313
149
4

303
117

253
46

394
101
5

506
154
3

.068

.070

.068

.069

.069

069

.070

.071

.071

.072

.071

.071

.071

.072

.072

.595
.095

. 620
.096

.615
.098

.616
.095

617
095

617
095

.619
.095

.623
.096

618
097

630
097

.632
.097

636

.630
.099

.629

.099

.633
.099

14 677

13, 778

11 948

10 649

8,446

9,681

13 174

11 018

9,281

10 545

12, 461

11,633

14,419

265.2

242.6

262.1

270 8

232. 8

307.7

276.8

260.5

265.9

264. 3

259.8

' 260. 1

272.9

118.4

132.0

123.1

141.3

119.8

110.8

116.8

118.5

109.7

118.6

119.3

'118.8

119.2

271.8

233.9

253.0

9fi9 9

240.9

248. 1

9

19 3

219 9

237.6

259.8

238.0

' 240. 8

254.1

79.0

90. 2

104.8

81 4

85.8

89. 1

60 6

67 6

82.2

83.4

76.0

'89.4

81.9

188 5

163.6

164 3

159 5

147.9

178. 1

173 4

190 0

193 3

19° 9

202. 3

' 174. 7

193.5

58.5

56.0

56 4

57 5

58.1

55.9

57 5

59 9

54 8

53.2

49.5

'55.3

65.5

.261

.261

261

261

.261

.266

274

.273

.273

.273

.256

45.4
36.5

40.8
34.6

49.3
42.9

45.8
43.4

41.3
39.8

49.4
55.6

45.5
47 5

55.0
47.7

51.0
40.0

51.0
35.3

'53.4
'44.4

51.3
44.6

'75.1

78.5

130,358

132,996

Baking or frying fats (incl. shortening) :
Production
_
. . . mil. lb _ 2, 792. 5 3, 181. 2
Stocks (producers' and warehouse), end of period
116.6
mil. lb..
118.6
Salad or cooking oils:
2, 773. 1 2, 946. 8
Production
do
Stocks (producers' and warehouse), end of period
mil. lb
85.9
83.4
Margarine:
1 , 904. 4 2 109. 7
Production
do
Stocks (producers' and warehouse), end of period
41.6
mil lb
53.2
Price, wholesale (colored; mfr. to wholesaler or
.261
large retailer' delivered)
$ per lb
.266

.072

FATS, OILS, AND RELATED PRODUCTS
Animal and fish fatsrA
Tallow, edible:
530. 1
Production (quantities rendered)
mil. lb.
416. 8
Consumption in end products
do
Stocks (factory and warehouse) , end of period
mil. lb.
31.1
Tallow and grease (except wool), inedible:
49 302
5
Production (quantities rendered)
do
9
10 5
Consumption in end products
do
Stocks (factory and warehouse) , end of period
413 8
mil lb
Fish and marine mammaloils:
190.2
Production
do
79 3
Consumption in end products
do
Stocks (factory and warehouse), end of period
185.3
mil. lb..
' Revised. r> Preliminary. 1 See note "O" for p. S-21.
©Cases of 30 dozen. cfBags of 132.276 lb.




2

566. 7
510. 8

47.9
42 7

50.9

40.8

41.0

49.6

51.0

50.0

45.5

40.3

43.3

43.0

50.9

63.0

4 466 9
9 439 6

370 6
208 2

338 5
188 3

366 0
208 2

378 0
225 6

346 0
165 7

375 7
219 1

389
8
9
15 3

380 0
910 8

398 8
203 3

9

410 7
07 9

408 5
210 5

419 8
'387 9
' 191 3 205.6

447 4

410 2

414 0

357 4

352 2

389 1

393 9

417 1

490 g

430 9

447 4

507 7

'471 9

164. 1
76 8

.5
7 0

5.4
66

18.9
7 3

35.4
7 4

28. 6
5 3

21.8
6 6

20.4
6 7

8.7

7.1

1.9

'.5

.6

5°

16.5
6 5

58

61

5 6

5 7

158.5

137.4

135. 5

138.6

138.4

151.0

166.7

180.4

172. 1

183.9

158.5

153.0

' 154. 4

144.5

Less than 500 short tons.

501 5

§Monthly data reflect cumulative revisions for prior periods.
9 Includes data not
shown separately; see also note "§".
AFor data on lard, see p. S-28.

SURVEY OF CURRENT BUSINESS

S-30
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

|

1966

1966
Mar.

Annual

May 1967

Apr.

May

June

July

1967
Aug.

Sept. 1 Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS- Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude...
mil. lb_.
Refined
- -do - _ _
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of period
mil Ib
Imports
do
Corn oil:
Production:
Crude
do
Refined
-do
Consumption in end products.
do_-._
Stocks, crude and refined (factory and warehouse) , end of period ^
- .mil. lb_Cottonseed cake and meal:
Production
thous sh tons
Stocks (at oil mills) end of period
do
Cottonseed oil:
Production:
Crude
mil. Ib
Refined
- do.- .
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of period
mil Ib
Exports (crude and refined)
do
Price, wholesale (drums; N.Y.)
$ per Ib...
Linseed oil:
Production crude (raw)
mil Ib
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of period
mil Ib
Price, wholesale (Minneapolis)
-.$ per lb__
Soybean cake and meal:
Production
thous. sh. tons-.
Stocks (at oil mills) end of period
do
Soybean oil:
Production:
A
Crud
mil Ib
Refined
do
Con c umption in end products
do
Stocks, crude and refined (factory and warehouse) end of period
mil Ib
Exports (crude and refined)
do
Price wholesale (refined* N Y )
$ per Ib

365.4

488.1 ~"569."6~
784.0
723.5

(d)
46.0
61.5

32.4
52.1
70.2

36.3
51.3
74.7

41.9
43.0
57.0

38.4
45.9
67.1

33.2
51.9
70.5

00
50.2
67.4

(<*)
43.3
60.2

(•0
41.9
60.0

(rf)
52.4
65.9

CO
'44.9
56.4

(*)
41.3
62.6

154.4
383.6

' 223. 5
498.2

176.5
87.2

155.1
10.4

143.8
31.3

147.2
50.3

149.5
10.3

190.7
51.6

189.0
39.3

'191.9
24.2

••188.3
31.3

'223.5
9.3

194.5
196.8

'206.8
79.6

183.4
18.4

445.9
412.8
422.9

446.6
397.6
388.0

40.5
34.7
31.7

38.0
28.8
25.4

37.1
32.7
30.3

40.0
33.9
29.6

37.5
25.4
30.9

38.2
37.9
36.0

35.9
38.2
38.7

39.5
34.9
35.8

36.1
36.0
33.4

34.1
33.6
34.0

34.3
34.0
34.2

'33.7
30.3
'32.5

40.2
38.8
41.6

26.1

53.5

34.8

40.2

52.5

60.4

63.2

59.1

55.4

54.6

55. 2

53.5

47.0

'45.8

45.2

2,756. 3
80.9

2, 382. 4
94.2

287.6
156.7

197.4
189.6

157.3
212.5

109.3
170.1

72.2
133.9

70.8
99.5

101.2
64.1

237.7
89.6

259.9
91.7

249.2
94.2

237.6
111.6

' 179. 1
'126.1

185.8
149.3

1,974.2
1, 668. 8
1, 471. 7

1, 674. 6
1,511.1
1, 263. 1

202.4
204.2
132.0

139.2
147.6
112.1

113.4
130.8
104.7

81.1
106.3
106.2

50.6
61.2
92.8

49.1
55.2
99.1

67.7
57.0
85.4

165.6
101.0
86.6

183.1
137.6
92.7

175.1
162.4
95.1

168.0
128.7
82.5

'126.6
' 117. 1
'86.3

130.0
122.8
87.1

300.1
501.3
i .149

381.8
184.0
.178

396.0
37.7
.171

408.9
10.8
.178

391.9
11.8
.185

343.6
17.0
.192

300.8
3.9
.194

232.8
2.9
.202

201.8
2.8
.181

246.2
6.4
.165

309.4
5.7
.169

381.8
5.2
.165

434.9 ' 476. 9
'3.7
4.6
.151
.158

511.9
8.7

410.1
227,2

454.2
226.9

43.1
21.3

36.4
20.0

40.9
22.0

45.2
22.6

15.9
20.8

38.5
21.3

44.1
19.1

45.4
16.0

39.0
15.0

30.1
14.7

33.3
19.1

29.7
'19.3

31.3
20.4

213. 5
.134

208.4
.128

225.9
.128

237.7
.128

260.1
.128

240.8
.128

212.5
.128

177.2
.128

188.6
.126

207.8
.126

218.0
.128

208.4
.128

205.9
.128

'204.9
.128

206.3

11,179.1 12, 614. 4
75.4
120.0

1,142.8
134.2

1,010. 1
122.8

1,157.1 1,040.1
159.4
165.5

969.9
198.9

944.0
130.5

824.1 1, 039. 6
111.4
130.0

1,147.1
129.0

1,133.1
120.0

1,157.6 '1,022.3 1,085.0
134.1 '111.0
86.5

5, 235. 5
4, 547. 3
4,437.6

5, 820. 2
5, 152. 0
5, 200. 5

526.3
476.4
466.5

476.6
418.0
409.5

537.8
450.9
431.9

480.8
430.2
452. 3

451.8
359.7
391.5

42fi. 9
425.8
449.6

382.1
402. 1
410.4

482.1
411.5
419.0

521.9
427.0
434.8

512.3
465.3
465.7

529.0
460.4
452.2

' 468. 8
' 410. 4
' 418. 7

503.5
446.3
456.7

374.8
1,026.7
.134

510.9
684.8
.140

485.9
45.6
.136

521.9
33.2
.139

582.3
47.2
.138

589.9
64.6
.132

598.2
55.1
.147

511.1
97.1
.164

462.0
78.5
.142

457.7
30.4
.132

488.0
48.6
.133

510.9
97.8
.131

566.1
24.3
.127

'581.6
45.7
.127

538.6
120.2

39,111
13,488

TOBACCO
Leaf:
2 1, 855 ' 2 1,890
Production (crop estimate)
mil Ib
Stocks, dealers' and manufacturers' end of period \
5,582
5,353
mil. lb_..
468, 075 551, 162
Exports incl scrap and stems
thous Ib
Manufactured:
Consumption (withdrawals) :
Cigarettes (small):
Tax-exempt
Taxable
C igars (large) taxable
Exports cigarettes

24.7
52.5
70.7

243, 347

179, 336

5, 479
39, 285
13, 523

23, 191
16, 413

23, 134
13,838

5,104
28, 350
15, 107

44, 201
13, 877

56,952
16, 427

5,142
64, 487
16, 043

67, 577
16, 427

70, 182
14, 812

5,353
72, 308
13, 129

36,930
14,907

34,791
16,680

44, 236
millions
511,463
do
7,578
do
millions . 23, 052

46, 112
522, 532
7,076
23, 453

4,577
47, 053
631
2,190

4,040
39, 582
571
2,414

3,954
45, 221
682
1,926

3,771
48, 552
579
1,663

3,625
37, 925
507
2,136

3,863
50,707
3*1
2,117

3,475
46, 371
626
1,938

3,827
43, 484
645
2,021

3,819
43, 225
664
1,941

3.549
38, 079
424
1,573

3,406
41,319
537
1,769

5,828
39,936
477
1S731

2,202

I

LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9
thous $ 106, 253
2,458
Calf and kip skins
thous skins
13,311
Cattle hides
thous hides
Imports:
80, 263
Value total 9
thous $
Sheep and lamb skins
thous, pieces.. 31,850
14,411
Goat and kid skins
do
Prices, wholesale, f.o.b shipping point:
.541
Calfskins, packer, heavy, 9H/15 Ib
..$ per lb._
.143
Hides steer heavy native over 53 Ib
do

155, 623
2,582
14, 307

15, 623
330
1,320

11, 797
183
927

14,386
157
1,278

16, 512
199
1,351

12, 075
196
971

12. 306
221
1,097

12, 662
259
1,176

10, 412
145
1,108

15,636
174
1,698

10, 787
180
1,210

12,684
175
2,818

15,486
230
5,387

13, 225
265
4,851

88, 995
36,998
10, 331

11,052
5, 548
1,142

9,500
4, 541
856

8,724
3,741
883

8,602
3,709
765

7, 177
2,870
861

9,033
3,508
1,484

8, 456
3, 810
681

5,028
1,840
767

4,794
1,703
604

4,647
1,656
364

5,500
1.859
'865

2,510
793

3,857
576

.601
.177

.775
.174

.675
.184

.675
.209

.650
.209

.525
.209

.565
.179

.525
.169

.475
.144

.475
.149

.550
.129

.500
.134

.575
.129

464
2,149
1,428
2,887

330
2,044
1,257
2, 625

375
2,026
1,273
2, 720

465
2,049
1,349
2,649

283
1, 652
913
1,977

443
2, 059
808
2, 624

326
1,972
933
2,217

350
2,043
902
2,089

397
2,016
948
2,350

341
1,925
913
1,960

299
'1,912
'907
2,012

332
1,924
742
2,153

7,164

5, 741

5,875

5, 659

4,564

4,945

4,652

4,527

4,461

4,796

5,511

4,869

124.0

118.7

122.2

119.4

119.4

118.0

114.5

106.7

105.3

103.2

103.2

107.4

104.4

107.6

108.8

109 2

107.2

m? fi

107 9.

ins n

06.3

103.2

103.2

101.6

LEATHER
Production:
6, 263
4,720
Calf and whole kip
thous skins
Cattle hide and side kip
thous. hides and kips_ . 23, 436 23, 838
14, 557
13, 350
Goat and kid
thous skins
29,302
30, 316
Sheep and lamb
do
Exports:
Glove and garment leather, __ _ thous. sq. ft | 369?953 65,704
Upper and lining leather
do . _ _
Prices, wholesale, f.o.b. tannery:
i 114. 5
101. 9
Sole bends light
index 1957 59—100
Upper, chrome calf, B and C grades
indfiY 1Q57-5Q— inn
99 5
1 fl5. 5

'Revised.
v Preliminary.
Data withheld to avoid disclosure of operations of
individual
firms.
1
Average for 11 months. 2 Crop estimate for the year.




3

6,192

Effective Jan. 1965, data are for all leather, except sole and rough; see note "O" for p. S-21.
JRe visions for 2d qtr. 1963-4th qtr. 1964 (mil. Ib.): 4,695; 4,793; 5,288; 5,355; 4,964; 5,071; 5,666.
9 Includes data for items not shown separately.

SURVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

1966

Annual

S-31

Mar.

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

Apr.

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: t
Production, total
_thous. pairs. . 629,095
Shoes, sandals, and play shoes, except athletic
thous. pairs- . 531, 914
Slippers
..
do __. 87, 359
6,828
Athletic
- do
2,994
Other footwear
_
do

646, 327

61,821

53,145

54,319

54,685

45, 569

61,358

55, 201 54, 898

50, 802 '49,034

52, 534

49, 775

535,936
100,955
6,598
2,838

51,978
9,007
606
230

43, 706
8,606
605
228

44, 473
9,057
576
213

44, 841
9,022
561
261

38, 345
6,686
323
215

50, 289
10,261
576
232

44, 367
10, 074
528
232

43, 251
10, 786
530
331

40, 220 '41,930
9,494
6,311
548
543
273
250

45, 571
6,158
577
228

42,370
6, 713
528
164

do .

i 2,533

2,737

274

260

283

272

210

200

227

246

230

182

157

174

Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper Goodyear welt
index, 1957-59=100
Women's oxfords, elk side upper, Goodyear
welt
index, 1957-59=100
Women's pumps, low-medium quality do

111 0

120.9

116.5

119.2

122.3

122.3

122.3

122.3

122 3

123.5

123.5

123 5

123 5

123 5

107 3
113.0

111.0
121.2

109.7
119.3

111.4
121.2

111.4
121.3

111.4
121.2

111.4
122.0

111.4
122.4

111 4
122.5

111.4
122 3

111 4
122. 7

111 4
122 4

111 4
122.9

111 4
124 5

2 671
560
2 111

3 161
610
2 551

Exports

---

937

LUMBER AND PRODUCTS
LUMBER— ALL TYPES
National Forest Products Association:^
Production, total
mil. bd. ft
Hardwoods
- __ _ ._
do
Softwoods
do
Shipments, total.Hardwoods
Softwoods

36, 895
7,655
29, 240

36, 128
7,489
28,639

3,410

3,211

3,265
664
2,601

2,858
631
2,227

3,132

2 942

642

2 506

2 356

2 563

665

2 678

2,551

3,242
625
2,617

3 241

2 758

2 467

2 300

2 067

1 982

1 982

37, 749

36, 482
7,923
28, 559

3,472
685
2,787

3,462
689
2,773

3,395
684
2,711

3,159

2,910

3,171

8,226
29, 253

665
2,506

2,880
660
2,220

2,792
647
2,145

2,638
642
1,996

2,578
587
1,991

2 577
1 927

650

2 736
615
2 121

3 112
678
2 434

do
do __.
do

5,704
1,156
4,548

5, 775
1,127
4,648

5,492
1,061
4,431

5,323
1,055
4,268

5,150
1,000
4,150

5,263
1,014
4,249

5,172
1,043
4,129

5,228
1,069
4,159

5,492
1,102
4 390

5,720
1,118
4,602

5,787
1,132
4 655

5,775
1,127
4 648

5,810
1 106
4 704

5,880
1 125
4 755

5 931
1 127
4 804

do
do. ..

1
962
5,163

1,009
5,120

74
514

99
462

98
518

98
550

82
469

88
507

86
378

93
339

75
318

70
307

76
300

67
339

87
502

mil. bd. ft
do

9,271

621

8,249
486

1,038

817
906

606
652

688
614

566
537

612
419

625
424

581
394

621
422

681
486

678
568

603
602

868
600

do_do
do

9,234
9,257
1,054

8,428
8,618
1,026

794
860

1,084

750
726

1,113

1,027

1,052

633
643
985

716
729
972

1,032

1,117

1,026

613
596

1,103

1 057

612
568
1 101

739
670
1,170

401
110
290

32
9
23

46
11
35

49
12
37

39
9
29

33
9
24

32
6
26

30
g
22

36
10
26

26
10
16

22
4
17

34
10
24

27
8
19

31
9
22

85.62

88.16

92.64

93.04

88.25

85.25

86.01

84 60

82 56

79 (59

79 96

._
_-

_

Stocks (gross) , mill, end of period, total
Hardwoods
___ ___
Softwoods
_
Exports total sawmill products
Imports, total sawmill products
SOFTWOODS
Douglas fir:
Orders, new
Orders, unfilled, end of period

_

Production
.
Shipments.
..
Stocks (gross), mill, end of period

do
do
__do

Exports, total sawmill products
do
Sawed timber
_.
do
Boards, planks, scantlings, etc.
_ _ _. do. __
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft
Flooring, C and better, F. G., I" x 4", R. L.
$ per M bd ft

*445
111
334

1
J

82 16

652

923
843
843

660

782
835

670
2,489

620
2,290

678

680
620

627
611

611

580
593

524

540
617

83 94

80 91
170 31

434
274

487
°88

524
310

582
294

528
486

508
437

514
473

510
502

605
598

1,117
7,264

1 159
5,688

1,230
7,855

1 271
6,566

1 279
7 042

1,286
8,329

107 8

107 6

104 2

102 4

r 101 0

101 0

108 6

107 9

107 7

107 2

r 106 2

105 8

807
415

800
384

751
402

781
427

732
476

865
501

904
503

1,666

754
755

659
683
1 635

770
841
1 564

947
902
1,609

64 87

64 01

65 88

66 40

2 6
16.7
2 2
2 0

18
16 3
2 1

17
16 2
19
19
19

22
16.7
18
1.8
2.0

3.0
17.5
2 2
2.1
2.2

40
26
41
38
58

45 9
26.7
44 0
45 2
57.1

48 3
31.7
42 4
43.0
56.4

61.1
39.4
51 6
53.4
53.9

165 87

161 61

166. 84

166 84

167. 43

167. 43

167.43

168 04

169 20

169 69

169 69

6,934
366

6,430
274

761
503

578
469

533
415

585
400

492
378

534
350

491
313

470
294

469
277

Production
_. ..
do_ .
6,574
Shipments
do
6,849
Stocks (gross) , mill and concentration yards, end
of period
mil. bd. ft._ 1 1,087
Exports, total sawmill products
M bd. f t _ _ 100, 581
Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1957-59—100
94 3
Flooring, B and better, F. G., I" x 4", S. L.
97. 1
1957-59=100

6,665
6 522

625
678

568
612

578
587

622
600

520
514

582
562

567
528

545
489

1,230
99, 202

1,027
11,244

983
6,927

974

996

10, 078

8,991

1,002
6,903

1,022
8,897

1,061
7,364

105 1

102.2

106 0

107 5

107.3

107.1

107.8

106.2

102.7

107.9

107.9

107.4

106.9

108.1

10,400
535

10,400
427

1 096

973
682

820
535

867
506

906
506

920
461

10, 251
10, 328
1, 732

10 442
10, 508
1,666

1,599

1,021
1,488

1,480

1,526

1, 472

1,485

1,600

1,653

1,667

67 42

69.39

68.19

71.46

82.40

79.06

70.69

68.74

67 69

66 28

mil. bd. ft
- _.do. _
do
do
do _

31.2
11.1
29.0
30.2

31.2
16.3
25.1
26.7

3.2

3.9

2.5

14.1

15.8

1.3

3.1

1.8

2.3
2.4
3.5

do
_ ... _.do _
do
do
. do _

818.4
64.3
778.7
783.3
35.4

618.1
26.0
685.6
654.4
58.3

77.2
91.6
65.5
66.1
31.7

.mil. bd. ft do

Western pine:
Orders, new. .
_.
Orders, unfilled, end of period

mil. bd. ft
.
do_ ..

Production
do
Shipments
_
do.
Stocks (gross) , mill, end of period
do
Price, wholesale, Ponderosa, boards, No. 3 f 1" x
12", R. L. (6' and over)
. $ per M bd. ft

730

982
962

910

960
968

942
896

852
906

977
964

r

!69 I1

156 85

Southern pine:
Orders, new
Orders, unfilled, end of period

554

969
854

884
831

747
733

r

HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new
__ _ _ _ _ _. .
Orders, unfilled, end of period
Production
Shipments.. _
_
Stocks (gross), mill, end of period
Oak:
Orders, new
___
Orders, unfilled, end of period
Production.
Shipments.
__„_
Stocks (gross) , mill, end of period
r

Revised.
» Preliminary.
i See note "O" for p. fi-21.
t 1Revisions for 1964-65 are shown in Bu. of the Census report M31A(65)-13.
c? Formerly National Lumber Manufacturers Association.




2.3

16.0

1.9
2.3
3.0

2.0
2.4
2.8

59.0
89.3
60.6
63.5
30.5

51.0
78.7
62.1
60.7
30.7

2.8

16.4

2.2
2.4
2.5

50.2
62.0
66.0
65.9
29.0

3.0
1.8
2.3
2.1

2.3
2.5
1.8

2 1
17.3
2 0
19
2 0

40.6
52.1
54.9
50.4
33.5

46.3
40.7
65.6
58.7
39.9

40 6
31 4
56 1
51 6
44 4

17.3

17.6

16.2
2 2

2.5
1.7

35.9
26.4
50.6
40.9
52.6

1.7
38 5
25.4
44 3
40.3
55.6

2.0
1.8

2
0
6
4
3

FOOTNOTE FOR RAW STEEL, P. S-32.
AEffective Jan. 1967, the term raw steel has been substituted for ingots and steel for castings;
raw steel is defined as steel in the first solid state after melting, suitable for further processing
or sale, including ingots, steel castings, and continuous- or pressure-cast blooms, billets,
slabs, or other product forms. Current data for raw steel are comparable with the ingots
series.

SURVEY OF CURRENT BUSINESS

S-32

1966

1966

1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

Annual

May 19&7

Apr.

Mar.

May

June

1967
Aug.

July

Nov.

Oct.

Sept.

Jan.

Dec.

Mar.

Feb.

Apr.

METALS AND MANUFACTURES
|

IRON AND STEEL
Exports:
Steel mill products.
- thous. sh. tons
Scrap
__ .. __
..do
Pig iron
do

1

2, 496
i 6, 170
198

139
647 i
1

1,724
5,857
12

159
342
2

143
440
1

126
429
2

10 753
464
1 252

776
91
32

715
146
88

919
17
137

1 014
19
104

1 082
24
174

1 090
23
95

1 089
23
208

940
36
104

116
532

142
607

126 i
454 i

(2)

(2)

(2)

106
667
2 '

i

184
472
3

1,151
28 !
166

770
21
43

782
31
44

744
12
46

151
501

(2)

205
491 i
(2)

190
544

(2)

162
776

!

(2)

j

Imports:
Steel mill products
Scrap
Pig iron

--

--

do
-do
do

10 383

235
916

882

Iron and Steel Scrap

8 542
4 959
3 583
8 485
7 357

8
4
3
7
7

052
760
292
945
471

8 214
4 910
3*304
8 231
7 491

7 783
4 734
3 049
7 797
7 483

7
4
9
6
7

022
380
641
795
709

7,763
4 714
3,049
7,498
7 982

7,695
4 787
2 908
7,677
8 005

7,838
4 752
3,086
7,810
8 035

7,508
4 545
2,963
7,507
8,034

29.95
31 00

33 32
36 50

30 02
33 50

28 71
39* 75

28 40
30 50

29 54
31 00

29.54
29 50

28.84
28 00

29.18
27 00

28.64
27 00

27. 88
27.00

27.50

27.38
27 00

87 490
85* 801
45' 105

90 704
90' 583
46 259

5 038
2 057
2 219

6 899
6 958
3 432

9 999
11 655
3 502

10 784
11 953
5 154

10 348
12 364
4*004

10 125
11 322
5,677

9 826
11,144
5,383

8,229
9,883
5,532

5 176
6,769
5,158

5, 085
2, 845
2,811

4,773
1,869
2,864

2,049

pi 964

i 7 085

128 225
127 694
7 779

3 976
11 127
408

8 841
10 897
'593

15 491
11 658
1 048

15 370
10 941
829

14 628
10 758
813

15 470
10 562
*778

15 424
10 941
*922

14, 613
11 184
848

11,490
10 257
501

6,691
10 275
367

3,400
10,203
252

do
do
do
_ do

'69 158
"12 667
53 997
2,494

70 038
12 673
54 658
2,707

56 920
20 847
34 183
1 890

54 613
20' 781
32 088
1 744

56 673
19*118
35 852
1,703

60 018
17*949
40 278
1,791

62 357
15 933
44 148
2,276

66, 009
14, 736
49, 056
2,217

69, 452
13, 431
53, 539
2,482

71, 755
12, 026
57, 010
2,719

71, 494
10, 434
58, 242
2,818

70, 038
12, 673
54,658
2,707

do

1 979

1 993

76

83

109

139

128

142

97

138

82

88 173
88* 945

91 509

7 937
8 052

7 853
7 849

8 241
8 299

7 837
7 842

7 659
7 596

7 645
7,734

7 732
7*798

8 044
7,943

7 470
7,384

9 091

9 135

9 179

2 977

9 464

2 452

2 516

2 652

9 788

Scrap for consumption, total
- thous. sh. tons
Home scrap produced
do
Purchased scrap received (net)
do
Consumption, total
__ _
_ do
Stocks consumers' end of period
do

90, 534
55 213
35 320
90, 359
7 638

Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$ per Ig. ton
Pittsburgh district
do

33 36
35 00

Ore

Iron ore (operations in all U.S. districts):
IVtine production
thous Ig ton°>
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
At mines
At furnace yards
A t U.S. docks .
- _ - - Manganese (mn content) general imports

195 143

Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous sh ton p
Consumption
do
Stocks (consumers' and suppliers'), end of perir.d
thous sh ton^
Prices:

9 309
9

9

9

3,391
9 370

3,753
10, 479

366

346

66, 280
15, 793
47, 843
2,644

41, 864
2,554

35, 138
2,303

97

124

134

92

7 350

7,374

6 804

7,587

62 75

Basic (furnace)
Foundry No 2 Northern
Castings, gray iron:
Orders, unfilled, for sale, end of period

do
do

6 75
63 00
63 50

6 75
63 00
63 50

62 75
63 00
63 50

62 75
63 00
63 50

62 75
63 00
63 50

62 75
63 00
63 50

62 75
63.00
63 50

6 75
63.00
63.50

62 75
63 00
63 50

62 75
63.00
63 50

6'-* 75
63.00
63 50

62 75
63.00
63.50

62.75
63.00
63.50

62 75
63.00
63 50

Shipments total
For sale
Castings, malleable iron:
Orders, unfilled, for sale, end of period

do
do

882
15 713
9 171

969
15 716
8 928

975
1 469
895

1 004
1 378

953
1 390
' 793

1 000
1 405
*819

1 036
1 119
669

1 022
1,327
784

1 034
1,344
768

1 (>1 9
1 . 346
757

964
1,268
711

962
1,214
669

'940
'1,220
••636

1,106

174
1,136
648

182
1,133
688

1S7

194
97
57

186
99
62

196
73
46

198
88
53

9Q9

91f,

do
do

95
60

96
58

193
92
59

182
89
56

'161
'90
54

147
84
53

11,403
142.8

10, 791
130.8

11,097
134.5

11,280
141.3

11,509
139.5

10,887
136.4

10, 435
126.5

10,632
128.9

10, 041
134.8

633
182
154

696
179
149

619
176
147

590
P9
148

'557
'171
145

510
164
137

7,718
314

7,239
346
539
708
141

6,846
364
543
667
144

7,292

6,531
360
508

781
148

7,495
321
579
752
141

1, 268
797
'<
289
;
177
173
\
864
776
1
317
305
510
:
558
' ° 95° ! 3 046
;
*904
833
1,338
1,289

1, 261
798
275
177
665
289
432
3 064
*896
1,396

1,239
780
276
172
640
i
256
i
402
1 9 968
i '848
1,356

1,148
746
235
157
587
241
427
9 724
781
1,240

1,142
1,059
741
673
219
215
170
160
801
557
247
249
555
510
2 827
2 476
799
*710
1,299 i 1, 089

10 6
5.6
6.0
5.0

10 4
5.3
5.5
5.0

10 1
5.0
5.0

5.5

10 0
4.8
4.9
'5.3 i

9.8
8.8

9.8
9.2

9.9 i
9.1

10. 1
9.3

Shipments total
For sale

801

112
67

187
97
59 \

918
600

Steel, Raw, Semifinished, and Finished
Steel (raw): A
Production
thous. sh. tons 3131, 462
135.3
Index.
daily average 1957-59 = 100 Steel castings:
Orders, unfilled, for sale, end of period
436
1 961
Shipments total
do
1 570
For sale totil
do
Steel products, net shipments:
Total (all grades)
Semifinished products
Plates..
_ _
Rails and accessories
Bars and tool steel total
Reinforcing
Cold
finished
Pipe and tubing
\Vire and wire products
Tin mill products
Sheets' Hot rolled
Cold rolled

i

-_do
do

ft

1
1

do
do

7Q8

9, 764 i
1,523 •
14 488

do
do
do
do
do
do

' 138. 1

92, 666
4, 528

do
do_ _. \
.

' 134,101

\

I

^9^

509

A9Q

fX9fl

209
173

184
152

190
158

201
168

89, 995
3,806

8, 282
349

8, 221
334

8,033
318

9, 103
1 776

838
165

8,174
324
Ann
819
155

822
152

815
158

14 523

1 284

1 279
797
297
175
874
327
535
3 260
'919
1,494

1 321

1 324

OOA

R9H

6.3
4.7

10 8
5.9
6.0
4.7

inn

5.9

9.2
8.3

9.0
8.2

3 276
1*999
9' 233
3 495
5*828

Q1Q

9

81
173
887
318
597
one

i

or' AKQ

3

10 630
16, 571 i

10 137
15, 972

948
1,513

68.7 I
67. 0
4.5 i

in i
65.0
67.9
5.0

Steel mill products, inventories, end of period:
Receipts during period
do.__
i
Consumption during period
- do
Service centers (warehouses)
do
Producing mills:
In process (ingots, semifinished, etc.)
do._Finished (sheets, plates, bars, pipe, etc.).do.-_ i

cnn

-100

8.5
7.9 |
. 0837

9.8
9.2

i

12, 191
147.8

2 155
1 79°

9

3 150
1 877
8 689
3 484
g' 659

12, 083 1 11,569
146.5 \ 144. 9

"i (I Q

i

301
179
886
344
559
3 907
'894
1, 455

;

'2 Revised.
p Preliminary.
i See note "O" for p. S-21.
3
Less than 500 tons.
Revised total; monthly revisions are not available.
ASee similar note at bottom of p. S-31.
^Beginning Jae. 1964, the composite reflects substantial changes in products and weights




n^4°i

7,788
312

1,162
719
292
313
143
180 \
859
900
279
334
534
582
3 021 9 613
756
842 i
1,307 ' 1,114

1,264
779
304

9.5
8.1 i

9.0
8.1
i

655
174 i
147 I

7,179
278
548
758
149

10 6
5.6
5.9
5.0

5.9
5.8
5.0

644
138
114

rC9

797
142

K7fl

10 9
4.7 i
4.4 |
4.9 :

112

5.7
5.4
5.1

11 0
5.7
5.9
5.1

9.8 \
8.0

9.6
8.3

9.7
8.4

9.9
8.6 i

534
701
137

10 1
5.3 i

10,963
132.9

10, 346
129.6

i
i

668
144

*>9. 9
P5.4
p 5. 4

! v 10. o

:

P9.3

0849
0848
0848
0848
0843
0848 ; 0848
0847 i 0848
used and is not comparable with earlier periods. The new composite price is based on AISI
net shipments of carbon steel and is the average price of all finished carbon steel products
(except rails and wire products) weighted by tonnage. Prices used are base prices nt Pittsburgh: the average includes an additional 25% for "extra" charges but does not include freight.

SURVEY OF CURRENT BUSINESS

May 1967
1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

Annual

S-33
1967

1966
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Jan.

Dec.

Nov.

Feb.

Mar.

Apr.

METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders, new (net)
Shipments
___
Backlog, end of period

thous. sh. tons
- _do _ _ _
do

4 868
4 321
3 151

Cans (tinplate), shipments (metal consumed),
total for sale and own useO
thous. sh. tons.-

4,863

307
341

345
374

325
331

5 059
4,664
3 141

474
386

3 382

366
422

427
349

431
413

3 347

3 609

3 365

3 466

3 435

3 982

3 219

3 234

3 141

3,251

3 078

5, 145

427

420

444

478

483

566

518

405

359

404

'334

341

Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons - 2 754 5 2 967.9
3
Recovery from scrap (aluminum content).. do
769. 0
808 0

249 0
72 0

240 7
70 0

252 3
69 0

245 0
66 0

252 8
61.0

239 8
69 0

245 9
71 0

258 4
76 0

251 0
72 0

262.1
65.0

265.2

243 6

36.6

-

3

538
440

504
407

301
393

390
414

404
382

NONFERROUS METALS AND PRODUCTS

Imports (general):
Metal and alloys, crude
Plates, sheets, etc.
_
Exports, metal and alloys, crude

do
do...
_. _ _ _ d o

527 3
65 4
203 6

521.8
119 1
188 2

57 7
12 1
17 4

54 5
9 9
10 7

52 5
10 7
13 0

51 7
1° 7
15 7

37.2
11 7
13 2

40 5
12 0
13 1

39 6
9 5
16 4

36 6
81
18 7

33 6
10 0
16 5

40.7
6 8
21 8

20.5

32.7
6 5
24.9

41.1
68
24 0

64.8
.2451

74.8
. 2450

64 8
. 2450

60.3
.2450

67.7
.2450

63.1
.2450

70.0
.2450

61.9
.2450

62.2
.2450

65.8
.2450

66.8
.2450

74.8
.2450

76.6
.2474

69.1
.2500

.2500

8 025.5
5, 688. 2
2, 618. 6
1,409.0

8 669 6
6 467.7
2, 942. 7
1 639 6

80°
592
267
149

8
5
8
5

730 1
552 5
253 7
135 6

761 9
585 5
274 8
131 0

774 5
075 o
133 1

649
520
241
102

1
1
1
8

762 0
570 1
259 4
140 9

743
549
248
146

1
8
8
0

706 2
523 4
231.7
147.3

685 5
495 2
216 7
142 1

700 4
482.8
218.1
134 4

Copper:
Production :
Mine, recoverable copper
thous. sh. tons - 1,351.7
Refinery, primary
do
1 711 8
From domestic ores
- -do_ - 1 335 7
From foreign ores
do
376 1
Secondarv, recovered as refined
do
429 4

1,421.2
1 711 0
1 353 1
3579 9
47 0

123 5
148
6
190 4
93 2
4° 3

120 7
137 9
111 8
26 1
43 5

126
144
117
27
47

4
8
1
7
4

121 6
152 9
118 2
34 8
43 7

107
136
106
29
41

1
0
6
4
6

114
135
107
97
40

9
0
9
\
8

116 6
151 0
116 9
34 2
37 6

124.4
139.6
106.3
33.3
34.9

120
149
117
31
37

120
161
129
32
35

523 8
137.4

596 7
162.7

45 2
13 1

43 0
10 0

50 1
13 0

33 0
7 3

54 1
98

41 6

54 6

7*4

92

55.5
18.5

i 422. 1
i 325 0

334.7
273 1

45 7
38 0

35 3
30 9

31 5
97 5

23 7
21 2

39 4
34 0

33
5
9
6 3

21 6
17 5

2r 375 1 219 5
241 5
205 7
r 175 8
132 5
.3617
.3612

202 7
183.8
124 3
.3615

188 3
181
8
194 5
.3603

211 0
212 6
153 8
.3593

133 4
250.3
193 6
.3602

205 2
254.8
204 2
.3596

211.6
254.5
195 2
.3609

1

Stocks, primary (at reduction plants), end of
period
thous. sh. tons. _
Price, primary ingot, 99.5% min
$ perlb..
Aluminum shipments:
Ingot and mill products (net)
Mill products, total. .
Plate and sheet (excl. foil)
Castings^

mil. Ib
._ -_do. .
do .
do

Imports (general):
Refined, unrefined, scrap (copper cont.)--do
Refined
- _ __.do,-Exports:
Refined and scrap.. . _ ._ _ .
do-_.
Refined
do
Consumption, refined (by mills, etc.)
Stocks, refined, end of period©
Fabricators'
Price, bars, electrolytic (N.Y.)

do. ,_ 2, 042. 6
do
161.3
do
112 9
$ perlb..3502

Copper-base mill and foundry products, shipments
(quarterly total) :
Copper mill (brass mill) products
mil. lb_.
Copper wire mill products (copper cont.)- _do_-_
Brass and bronze foundry products . .
do- .

r

KQ4 1

7.7

r
r

727 6
492 0
••224
9
r
145 4

122.4
148 9
122 3
26 6
40 9

r 117 g
138 6
111 5
27 i
r 33 i

133 0
151 8
124 9
26 9
41 0

75 2
28 0

57 5
23 6

43.1
20.3

58 4
19 3

49 6
13 3

21.9
18 3

14 0
10 3

14 9
10 3

21 7
15 7

T 22 4
16 0

32 7
24 9

212 3
227.7
180.0
.3633

210 2
214 2
155 1
.3699

r
T
r

193 9
241. 5
175 8
.3624

* 204. 5 j>197 g » 217 9
» 233. 9 *>227 1 * 242 3
P 169. 4 ?160 6 P 177 5
.3787
.3808
. 3810

3,326
2,494
1, 102

862

301.1
575. 8

319.3
550 4

29.9
50.8

26.2
43 6

26 7
46 6

25 8
45 8

24.8
38 4

27.8
44 5

27.1
47 9

27.9
47.4

26.8
49 5

26.8
44 2

344.4
Imports (general), ore (lead cont.), metal-— do ._.
Consumption, total
do
1,241.5

431.3
1 300 2

39.9
112.5

27.5
104 6

25 3
111 6

42 4
108 2

32 3
92 4

40 3
111 8

44.3
109 6

38.9
116.7

33.3
117 0

106 8

14i> 2

114.6

113 1

111 1

114 6

119 °

133 9

145.1

144.0

'25.2
r
109. 2

23.4

23.2
105.9

21 2
98 8

23 9
99 0

25 8
98 8

25 6
107 3

23 0
104 8

22.0
98.8

21.8
91 9

48.3
.1512

47.1
.1600

48.1
.1600

46 3
.1514

42 1
.1500

42.5
.1500

45.3
.1500

44.7
.1500

47.4
.1424

46.8
.1400

r

48 3
.1400

45.9
.1400

4,326
40 814
'25,076
3
3, 401
84,011
58,550

2 4 372
41 624
25, 318
3 315
85, 275
60 280

0
2 001
2,335

29
4 363
2,058

1 224
4 016
2 270

100
2 549
2 440

2 837
1,780

566
4 206
2,145

1,000
3,816
2, 180

336
2 889
2,115

312
3 967
2,040

208
3 418
1,910

7 500
5 205

7 475
5 150

6 320
4 680

7 9425
5 60

7,190
5,150

6 595
4 535

13 064
27, 656
1.7817

3 069
22 590
1.6402

611 2

571 1

53 8

429 4
153.0

521 3
277. 4

39.5
21.6

3 122 9
3 265. 1

118 7
229.2

10 4
19.0

10 5
18.7

Lead: A
Production:
Mine, recoverable lead
thous. sh. tons__
Recovered from scrap (lead cont.)
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' cf
do
Scrap (lead-base, purchased), all smelters
- thous. sh. tons__
Price, common grade (N.Y.)
$perlb_.

Tin:
Imports (for consumption) :
Ore (tin content) ... .
Ig. tons
Bars, pigs, etc ..
do
Recovery from scrap, total (tin cont.)
do
As metal.
.
do
Consumption, pig, total... - __ .. _ ..do _
Primary
do
Exports, incl. reexports (metal)
do
Stocks, pig (industrial), end of period §
do
Price, pig, Straits (N.Y.), prompt
$ perlb..
Zinc: A
Mine production, recoverable zinc
thous sh tons
Imports (general):
Ores (zinc content) .
do
Metal (slab, blocks)...
do
Consumption (recoverable zinc content) :
Ores
Scrap, all types

do
do

r

"54.8
.1600

r 85 4
r

300
7,775
5,480
290

27, 130
1.7398

205
7,245

5 170

782

335

408

280

145

270

197

275

80

275

290

24 385
1. 6928

24 970
1.6077

23 380
1. 5987

23 580
1. 5642

49 9

51 5

47 9

45 7

49 7

45 3

35 3
14 0

32 8
26 3

43 I
9
83

26 5
21 6

70 9
23 8

62.1
25.7

9 7
18.9

9 9
19.4

9 7
18.9

is! 6

9 3

10 1
19.6

26 315
1.7424

.3817

809

573
258

650
96

••Revised.
v Preliminary.
i See note "O" for p. S-21.
2 Total for 11 months.
3
Revised total; monthly revisions are not available.
OData reflect changes in conversion factor effective Sept. 1966 and Jan. 1967 and are not
strictly comparable with those for earlier periods.
^Effective 1966, estimates are derived
from a new sample and are not directly comparable with earlier data; see note in Feb. 1967




789

866
9

3
7
2
5

4
1
0
1
7

2
2
6
6
2

2,974
2,177
1,075

625
280

740
518
239
127

.2500

646
268

975
6,970
4 970

r

25.3
45 4

24 8

47 0
113 1

45.3
106 6

49 2

46 6

140 3

142 2

157 9

154 8

154 8

25 3
88 5

23 4

24 9
92 6

.1400

.1400

17
3 662
1,900

393
9 883

4,268

7 000
5 040

6 675
4 855

255

6 840
4 715

r 85 4

275

265

116

949

737

22 520
1. 5399

22 400
1. 5388

422

235

23 105
1. 5422

20 540
1. 5438

1. 5371

44 1

42 9

49 5

r 43 o

43 7

39 2
27.4

48.0
26.7

56 0
21 3

47.9
27.2

51.2
11.1

9 4
19.7

10 3
19.3

9 4
19.6

9 1
19! 1

93

24, 250 24 075
1. 5412 1.5451

.1400

1.5333

48.6
26.9

SURVEY.
eBeginning 1966, total includes copper not previously covered; see note in
Feb. 1967 SURVEY.
d*Consumers' and secondary smelters' stocks of lead in refinery shapes
and in copper-base scrap.
§Stocks reflect surplus tin made available to industry by GSA.
ABeginning Aug. 1964, data reflect sales to the industry of metal released from the Government stockpile.

SURVEY OF CURRENT BUSINESS

S-34
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1965

1966

Annual

May 196;

1966
Mar.

Apr,

May

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

93.4
5.7
110.1
2

95.1
5.7
107.8
.1

Feb.

Mar.

Apr.

METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PROD.— Con.

j

Zinc— Continued
Slab zincrA
Production (primary smelter), from domestic
and foreign ores
thous. sh. tons.. 1994.4 1,038.1
85.4
Secondary (redistilled) production .
__do_ _
183.6
72.4
6.2
Consumption, fabricators'
_do
U,354. 1 1, 408. 3 127.0
Exports
do
59
.1
1.4
Stocks, end of period:
Producers', at smelter (AZI)cf
do
'628.6
28.8
64.0
C onsumers '
- do _ _ _ ' 151. 9 ' 122. 7 166.7
Price, prime Western (East St. Louis) . $ per lb. _ . 1450
.1450
.1450

87.0
5.7
119.1
.1

88.8
6.0
123.5
(<)

86.4
5.9
118.6
.1

83.3
5.9
97.8
.1

82.6
5.9
124.0
(4)

83.5
5.8
117.7
.1

87.6
6.7
122.1
.3

91.1
6.8
119.8
.1

33.2
159.7
.1450

39.9
154.9
.1450

42.1
147.3
.1450

48.9
153.9
.1450

46.3
145.0
.1450

43.3
139.4
.1450

47.5
132.6
.1450

78.1
52.9
64.0
126.9 ' 122. 7 115. 7
.1450
.1450
.1450

83.8

87.9

103.7

.1450

.1450

.1450

(4)

.3

HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:
Cast-iron
mil. sq. ft. radiation
ill. 6
Nonferrous
do
115.3
Oil burners:
Shipments
thous __ 1564.4
M2.0
Stocks end of period
do
Ranges, gas, domestic cooking (incl. free-standing,
set-in, high-oven ranges, and built-in oven
2,115.9
broilers) shipments
thous
304.8
Top burner sections (4-burner eQuiv) ship do

7.5
90. 4

.6
7.7

.6
8.1

.4
8.1

.5
8.6

.5
6.8

.7
10.6

.9
8.6

.9
8.7

.6
7.3

.4

.5
6.5

.6
5.5

617.2
40.4

46.6
42.3

39.9
38.7

44.5
54.2

52.6
58.7

38.7
58.5

66.2
54.8

62.8
53.5

70.4
46.4

61.4
••43.7

46.9
40.4

'46.8
'43.4

40.7
40.8

2, 153. 7
234.1

227.2
23.6

187.5
23.3

177.4
22.1

208.3
25.2

131.4
13.7

173.2
19.5

181.6
20.9

177.7
16.0

181.9
16.4

164.3
15.6

138.7
12.3

163.2
13.5

1,388.0
976.3

73.1
42.2

70.2
47.2

95.1
70.9

92.8
69.8

128.1
99.4

169.7
121.7

209.3
150.5

204.4
139.2

148.8
104.1

75.1
51.6

'56.1
"33.2

76.1
46.7

1,366.2
1, 046. 5
2,488.9

103.7
83.5
236.6

88.1
70.2
218.6

98.3
79.0
194.1

105.6
84.1
207.6

104.2
82.2
210.9

146.1
112.3
208.4

159.9
115.2
202.6

160.5
119.0
222. 5

115.2
80.0
178.5

86.4
64.5
176.4

'88.1
r
68.3

86.6
66.4

208.6
66.9

232 .4
67.9

54.8
16.5

322.5

279. 9

274.0

i 1,415.2
Stoves, domestic heating, shipments, total §— do
994.0
Gas
do
Warm-air furnaces (forced-air and gravity air-flow),
1, 566. 6
shipments total §
thous
11,228.7
Gas
do
2, 616. 4
Water heaters gas shipments
do

7

MACHINERY AND APPARATUS
Fans, blowers, and1 unit heaters, qtrly. :
Fans and blower * new orders
mil $
TJnit-heater group new orders
do
Foundry equipment (new), new orders, net
mo. avg. shipments 1957-59=100.Furnaces (industrial) and ovens, etc., new orders
(domestic) net
mil. $
Electric processing
do
Fuel-fired (exc for hot rolling steel)
do

Metal forming tools:
Orders new (net) total
Domestic
Shipments total
Domestic
„
- _._
Estimated backlog, end of period

227.6

340.6

319.5

243.9

326.9

379.8

219.5

317.1

216.6

195.8

320.6

15.8
3.5
7.6

15.5
1.6
9.3

12.2
1.3
8.1

17.6
1.5
7. 1

9.0
1.9
4.1

10.7
1.3
2.9

8.9
.8
4.1

18.2
1.2
5.0

13.4
1.4
8.3

179.3
23.9
95.9

16.1
1.7
9.9

25.6
3.4
16.4

11.7
2.0
5.4

186.3

207.2

199.9

196.8

198.3

198.5

204.8

216.4

215.7

218.9

204.2

212.8

212.4

177.2

8,202
9,994

10, 390
12, 404

920
1,087

907
932

857
1,028

903
1,081

660
913

719
797

1,032
1,127

861
1,149

1,031
1,147

1,029
1,402

826
886

903
976

1,024
1,374

41,746

47, 043

4,159

3,980

4,015

4,305

3,359

3,598

4, 161

3,829

4,285

4,202

3,465

3,417

3,985

mil $ 1, 176. 00
1,054.40
do
958. 60
do
830.55
do
7.6
months..

1, 531. 30
1, 392. 90
1, 145, 35
1,028.95
10.9

155. 85
137. 45
105. 05
94.25
9.1

134. 50
118. 40
86.00
78.35
9.5

127. 65
119. 55
90.20
79. 25
9.7

135. 20
123. 15
112.00
102. 35
9.8

120. 75
109. 10
79.30
72. 70
10.2

113. 05
107. 10
80.95
74.40
10.3

137.70
126.50
104.05
93.65
10.8

128. 10
121.10
101. 80
91.65
11.0

103. 50
93 20
96. 60
85. 20
11.1

113. 10
100. 80
127. 05
113. 40
10.9

88.50
81.10
86.45
77.80
10.5

'
'
'
'

95. 35
83. 65
94. 20
84. 75
10.5

100.15
88.35
126. 85
111.35
10.3

319.30
297. 75
287. 85
259. 80
9.9

321. 60
291. 34
331. 30
312. 70
8.4

31.25
28.65
30.45
28.75
10.0

22.80
21.80
26.70
25.30
9.6

31.15
27.55
27.40
25. 85
9.5

39.15
33.00
30.60
29.35
9.5

27.95
26.60
24.00
23.30
9.8

24.65
22.70
26.70
24.40
9.7

19.90
17.95
29.60
27.60
9.4

23.75
20.90
27.05
25.60
9.0

24.30
22.75
28.00
26. 45
8.6

16.45
13.90
28. 75
27.70
8.4

13.80
13.70
25.75
24.10
7.8

'17.50
' 15. 65
' 29. 15
'26.00
'7.6

13.70
13.10
29.00
27.20
7.0

1, 913. 5
488.9
162.3

473.5
122.3
39.2

416.3
114.5
30.5

230.4

228.7

284.3

285.3

mil $
do
do
--do
months ._

152,8
21.6
75.2

Other machinery and equip., qtrly. shipments:
Construction machinery (selected types), total 9
mil. $__ il,722.4
Tractors tracklaying total
do
428.3
149.4
Tractor shovel loaders (integral units only),
i 399. 1
Tractors, wheel (excl. garden and contractors'
off-highway types)
mil $
830.0
Farm machines and equipment (selected types),
excl tractors
mil $
1,053.6
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments1,_thous_- 30, 528
Household electrical appliances:
Ranges, shipments
(distributors'), domestier
thous
2, 022. 6
Refrigerators and home freezers, output
1957-59=100147.8
Vacuum cleaners, sales billed
thous — i 5, 106. 9
\Vashers sales (dom and export)
do
14,347.1
Driers (gas and electric), sales (domestic and
export)
thous-- 12,098.4
Radio sets, production O _ _
do ... 24, 118
Television sets (incl. combination), prod. O_ -do
11,028
Electron tubes and semiconductors (excl. receiving,
power, and spec, purpose tubes), sales
mil. $__
757.0
Motors and generators:
215
New orders, index, qtrly
194.7-49= 100. _
New orders (gross) :
Polyphase induction motors, 1-200 hp . . .mil. $. . 210.1
44.6
D.C. motors and generators, 1-200 hp
do
T
3

244.6

458 9
112.8
41.7

564.7
139.4
50 9

419.0

110.6

123 0

92.6

92.8

1, 005. 9

269.1

280.0

203.3

253.5

1, 220. 0

358 2

340 3

253.4

268.1

32, 124

2,042

1,772

1,972

2,106

2,094

2,880

1,966.5

178.3

191.5

163.1

162.4

169.3

163.0
5, 582. 7
4, 406. 3

151.6
549.6
397.7

192.6
429.0
351.6

176.2
397.6
349.6

181.0
402.8
413.9

156,5
414.6
384.7

2, 360. 8

180.2

128.0

108.6

144.8

161.9

23, 595
12, 402

32,260
31,239

1,824
907

1,801 3 2,075
874 31,125

1,234
586

1871.7

81.1

74.6

77.8

57.8

72.7

5

11. 2
5.6

59.1
5.1

39.8
3.8

5 10.1

3,642

3,596

3,312 ' 2, 747 ' 2, 179

173.5

158.0

153.3

147.1

131.7

156.7

140.0

118.4
417.2
446.5

174.0
545.3
422.7

196.5
506.9
407.6

143.9
509.5
304.6

119.0
458.8
245. 3

116.4
454.9
317.0

124.4
444.3
325.4

262.0

292.0

297.9

201.6

1,642
920

32,521
31,289

2,091
1,124

2,075
1,165

80.0

72.5

69.2

3.9

'9.2
3.3

59.8
3.8

U0.5
4.5

58.3
4.9

2,306

135.3
506.6
397.2

186.2
202.2
220.4
201.9
3
32,338 ' 1, 727 ' 1, 479 ' 1,771 P 1,466
p681
1,049 '31,171
853
31,333

69.8
i1

236

58.2
4.5

.

3,136

255

247

239
s 113. 3
51.3

74.3

2
Revised.
* Revised total; monthly revisions are not available.
For month
shown.
5
Data cover 5 weeks; other months. 4 weeks.
* Less than 50 tons.
Excludes orders
for motors 1-20 hp.; domestic sales of this class in 1966, $127.6
mil.; Mar. 1967, $10.8 mil.
6
7
Reported yearend stocks. See BUSINESS STATISTICS note.
Total for 11 months.
ASee similar note, p. S-33.
c?Producers' stocks elsewhere, end of Apr. 1967, 21,500 tons.
§For revised 1965 annual data and for monthly shipments beginning Jan. 1966, certain types




54 9.
17 9.

1

15.2
2.2
8.3

Material handling equipment (industrial):
Orders (new), index, seas, adj 0... -1957-59=100Industrial trucks (electric), shipments:
Hand (motorized)
number. _
Rider-type
do
Industrial trucks and tractors (internal combustion
engines) shipments
number
Machine tools:
Metal cutting tools:
Orders new (net) total
Domestic
Shipments total
Domestic
Estimated backlog, end of period

60 0
17.7

63 4
16 5

63.7

59.8

64.9

59.1
4.5

58.0
5.0

59.0
4.1

9

*2 0
57.7
2.8

previously classified as heating stoves are included in warm air furnaces.
©Effective
Apr. 1967 SURVEY, data revised back to 1961 to incorporate new seasonal factors.
t Re vised series. Data include factory distributing branches and direct factory shipments
to retailers and other domestic customers; comparable Jan.-June
1965 sales appear in footnote
c
in Sept. 1966 SURVEY.
9 Includes data not shown.
Correction.
ISee note marked "V bottom of p. S-35. OSee note marked "O" bottom of p. S-35.

SURVEY OF CURRENT BUSINESS

May 1967
1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1S65
edition of BUSINESS STATISTICS

1966

| 1966

Mar.

Annual

S-35

Apr,

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons_. 14, 866
1851
Exports
- do
Price, wholesale, chestnut, f.o.b. car at mine
$persh. ton_. 12. 979
Bituminous:
512, 088
Production
thous. sh. tons
Industrial consumption and retail deliveries,
total 9
thous. sh. tons._ 459, 164
242, 729
Electric power utilities
do
Mfg. and mining industries, total _ _. ..do. ._ 196, 732
Coke plants (oven and beehive)
_ do. .- 94, 779

!

12, 951
766

1,082

12.824
532,000

1 289

1,196

101

876
52

12.005

12. 005

46.074

45,702

37,420

37, 994

16,660

8 272

16, 149
8,159

706
69 761

1 232

829
60

1,003

44

12. 840

12. 985

13. 475

13. 475

47, 243

48,990

46, 791

48,324

39240

39,818
22,684
16,119

41,279

20, 990
15, 992

22, 009

42, 052
22, 433
17, 379

8 329

8,073

8,213

7,947

45 395
24, 602
18, 145
7 997

45, 023
24, 723

15,736

17,689
7,946

41 160
22 758
15, 852
7 259

498

474

938

1,432

2,023

2,163

2,628

2,610

2 550

48*605
20,918

65 344
46 424
18, 622
6 683

68 558
48* 793

72 471
51 981
20, 183
7 632

75, 336
54, 520
20, 525
8,180

75, 534

8 485

73 173
50, 589
22, 304
9 078

r
74 466 74 951
52 895 51, 307
21, 332 '21,425
9 206 r 9 244

69 648
49 583
19, 891
9 365

203

933

28C

298

315

307

291

280

239

219

174

3 512

3 937

4 238

5,038

4 038

5,156

5 070

4,877

4,240

3 175

2,622

3 610

4.952
6.971

4.798
7.005

4.814

4.986

4.986

4.990
6.953

4.990
7.259

5.031
7.011

7.056

5.113

5.129 r 5. 122
7 143 ' 7. 162

5.122
7 162

1,657
65,198
17,208

1,443
65, 700
17, 611

142

5 598
1 478

5 401
1 381

141
5,604

2,701
2, 445
256
1,478
i 834

3, 030
2,822
208
1,459
1 102

2 627
2 442

2 345
2 172

486,498
264, 202
201,722
95, 975

41,032
21,631
17,532

38
20
16
7

047
324
567
827

19, 972

19,048

19, 965

1,865

1 102

77, 393
53, 437
23,603
10, 506

74, 466
52, 895
21, 332
9,206

73 526
48 973
24, 362
11 318

68 115
46 919
20, 993
8 640

353

239

191

i 50, 181
Exports
.
do
Prices, wholesale:
Screenings, indust. use, f.o.b. mine
4.794
$ per sh. ton..
6.926
Domestic, laree sizes, f.o.b. mine
do

49, 302

do

8 182

115

185

1 584

68

21,269

6.632

6.614

4.986
6.695

108

113
5,674

121
5,528

1,448

1,419

2,166

2,080

173

1 570

2,009
157
1,563

118

146

1 274
2.92
271.7

1,380
2.92
290.1

87

1,939

141

1,552

109

22, 962
g 224

6. 795

102

19,450

7 265

140

38,486

5 682
1.470

5 714
1,530

5 512
1 405

2 258
2,061

2 438

2,575
2,356
220

197

1 582

77

2,228
210
1,556

68

1 506

100

17,171

54,409
20,845
8,568

37

135

126

13.475
r

47, 000

119

1,478

5 425
1 518

5 482
1 573

5 453
1 537

2,635
2,428
207

2 821
2,621

3 030
2 822

3 249
3,018

1,484

96

200

208

1 459

1 459

95

231

1 589

76

95

859
41

1 039

47 310

44 375

669
35

12.355

30 528

COKE
Production:
Beehive
_
_
thous. sh. tons__
Oven (byproduct).
do
Petroleum coke§
do
Stocks, end of period:
Oven-coke plants, total
~do
At furnace plants
__do
At merchant plants
.
do.
Petroleum coke
do
Exports
- .
- ._
do

1,025

50 965

12.005

48 736

Retail dealers

91

35 071

13. 580

Stocks, industrial and retail dealers', end of period,
total
thous. sh. tons
Electric power utilities
_ . do
Mfg. and mining industries, total
do
Oven-coke plants
_ do

1,124

12.005

62

do

1,040

87

50

Retail deliveries to other consumers

1,190

53

49

13. 475
r

42 390

r

3 102

'93

75

4 996

5 551

3 388
3 156

3 527
3 273

232

254

68

67

PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Okla.-Kansas)
Runs to stills*
Refinery operating ratio

number.. 18, 761 2 16, 076
2.92
$ per bbl_.
2.93
mil. bbL. 3,300.8 3, 447. 2
% of capacity. .
87
91

All oils, supply, demand, and stocks : J
New supply, total
..mil. bbl-- 4, 190. 9
Production:
Crude petroleum
do
2, 848. 5
Natural-gas liquids, benzol, etc
do
441.6
Imports:
Crude petroleum
do
452.0
Refined products
do
448.7

1,517
2.92

285.3
88

1,544
2.92

1,393
2.92

1,597
2.92

90

285.6
92

299.8
93

297.9
92

1,198
2.92
290.1

1,489
2.98

93

295.4
91

1,792
2.98

1 285
2 98

280.9
90

4, 446. 8

389.5

362. 1

373.7

365.7

371.9

377.4

358.2

373.5

366 5

3, 039. 0
468.7

258.1
39.5

249.2

259.8
39.4

256.3

257.0

38.9

39.3

248 8
38.0

259.3

38.8

251.5
37.9

40.4

252 8
40.0

447.1
492.0

38.8
53.1

36.5
37.6

37.3
37.2

39.0
37.4

39.1
37.6

41.5
39.7

36 0
35.4

36.0
37.7

34.4
39.2

r

950
2.98

298.3
r
92

293.8
90

383.3

405.4

263 8
41.6

265 6
43.5

32 0
45.9

41.1
55.2

Change in stocks, all oils (decrease,—)

do

-2.9

49.4

9.4

11.0

30.2

9.5

30.3

14.6

13.7

12.9

-10.7

-31.7

1.4

Demand, total
Exports:
Crude petroleum
Refined products
Domestic demand, total 9
Gasoline..
Kerosene

do

4, 193. 7

4, 397. 5

380.1

351.1

343.6

356.3

341.6

362.8

344 4

360.6

377.2

415 0

403 9

do
_ do
do
do
do

1.1
67.2
4,
125.
5
3
1,720.2
3
97. 6

1.5
70.9
4, 325. 1
1, 793.15
101

.1
6.2
373.8

.3
5.8

(4)
5.5

6.1
335.3

5.9
356.8

.1
6.9
337.4

.1
6.0
354.5

775.8
587.0
219. 6

_

338.1
153.7

8.7

344. 9
147.3
61

797 2
626. 4
244.4

76 5
65.9
19.9

63 3
49.1
21.5

53.2
43.2
20.3

47.1
127.6
s 307. 1

48 9
134.1
323.9

4.4

27.2

24.0

do
do
do
do

836.3
220.3
35.9
580. 2

885.7
249.6
40 4
595.7

806.0
236.3

249.3

do
do
do

1, 7044
3
4. 8
3
183. 1

1 792 6
36
194.2

Distillate fuel oil
Residual fuel oil
Jet fuel

do
do
do

Lubricants
Asphalt
Liquefied gases

do._.
do
do__ .

Stocks, end of period, total
Crude petroleum
Natural-gas liquids
Refined products
Refined petroleum products: J
Gasoline (incl. aviation) :
Production
Exports
Stocks, end of period

_.

3

145.4

4.6
6.1

26.4

543.4

4 4

8.1
817.0
30 6
537. 1

146.3

140.1

214.2

207.9

2

9

9

.1
5.7

1

(4)

6 0

150.9

408.9

5.7
398.2

7.9

371.4
148.0
10 7

150 3
13 0

137 3
13 6

159.6

164.5

4.6

5.9

149.9
7 5

48.5
44.4
20.7

43.3
43.0
17.7

51.3
45.1
19.5

50 4
42 1
21.1

58.6
47.3
22.9

74 7
53 0
21.5

92 9
62 9
23 o

92 5
70
5
9
12

12.1
22.9

4 2
17.2
21.6

4.3

17.5
21.7

19.6
23.5

4 0
16.5
24.1

4 3
15.8
27.1

30

31.2

9.2

4 0
4 8
35 3

38
4 7
35 5

847.2
255.6

856.6

886.9
254.4

901.5
254. 1
50.6
596. 8

915.3
248.1
52 4
614.8

928.2

917.4

885.7

628.7

47 9
616.6

249 6
40 4
595 7

887.1
261 9
35 6
589 6

5.9

36.4

555.2
147.7

.1
203.6

Prices (excl. aviation) :
Wholesale, ref. (Okla., group 3 ) _ _ _ _ $ per gal.113
.113
.113
.114
.105
Retail (regular grade, excl. taxes), ,55 cities
(1st of following mo.).
$ ner eral
.208
21 fi
. °ll
212
.218
f
Revised.
* Preliminary.
i See note "O" for p. S-21.
2 Reported total monthly
3
revisions not available.
Beginning Jan. 1965, gasoline excludes special naphthas; aviation
gasoline represents finished grades only (alkylate excluded); commercial jet fuel (formerly
included with kerosene) is included with jet fuel.
* Less than 50,000 bbls.
& Beginning
Jan. 1965, data include demand for liquid refinery gases formerly shown under petrochemical
feedstocks; comparable 1964 total, 295.1 mil. bbls.
9 Includes data not shown separately.
§Includes nonmarketable catalyst coke.
{Revisions for Jan.-Oct. 1964 will be shown
later.




.1
6.1
350.1
165.4

4.9

259. 7
41.4

4.1

46.3

555.5

586.2

247. 3
52.2

252.9

2 98

146.8

156.0

157.2

151 3

155. 5

149 3

156 1

154 3

185.9

183.3

177.0

179.7

185.2

187.2

194 2

°1° 4

.118

.118

.118

.118

.115

.115

.113

.113

.115

.218

.218

.221

.219

.219

.220

991

99O

997

.4

.4

.4

.4

.3

.4

2

3

997

9')K

FOOTNOTES FOR ELECTRICAL EQUIPMENT, P. S-34.
IData reflect adjustment to the 1963 Census of Manufactures; revisions back to 1963 are
available.
O Radio production comprises table, portable battery, auto, and clock models; television
sets cover monochrome and color units.

SURVEY OF CURRENT BUSINESS

S-36

1966

1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966
Mar.

Annual

May 1967

Apr.

May

June

July

1967

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Aviation gasoline:
Production
mil. bbl._
Exports
-.do
Stocks, end of period.- _ .-do _..
Kerosene:
Production
.._ do
Stocks, end of period. _
_ _ _ do
Price, wholesale, bulk lots (N.Y. Harbor)
$per gal..
Distillate fuel oil:
Production_ _
-. _ _ . . _ .mil. bbL.
Imports
do
Exports
- do
Stocks, end of period.
__ _ _ - d o . _
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gaLEesidual fuel oil:
Production
mil. bbl
Imports
do
Exports
-do
Stocks, end of period
.
do _ _ .
Price wholesale (Okla., No. 6)
$ per bbl
Jet fuel (military grade only) :
Production
mil. bbl
Stocks, end of period
-do
Lubricants:
Production
do
Exports
do _Stocks end of period
do
Price, wholesale, bright stock (midcontinent,
f o b Tulsa)
$ per gal
Asphalt:
Production
mil. bbl
Stocks end of period
do
Liquefied petroleum gases:
Production
do
Transfer from gasoline plants
do
Stocks (at plants, terminals, underground, and
nt refineries) end of period
mil. bbl
Asphalt and tar products, shipments:
Asphalt roofing total
thous. squares
Roll roofing and cap sheet
do
Shingles all types
do
Asphalt siding
Insulated siding
Saturated felts

do
do
thous sh. tons

U8.6
14.2
3
8. 3

41 2
3.2
7.8

3.3
.2
9.2

3.0
.2
9.0

3.3
.1
8. 1

3.2
.4
7.2

35
.4
7.0

36
.4

3.5
.4

36
.3

35
.4

37
.2
7.8

1Q4.5
1
24. 1

102 1
95 o

9.5
18.7

7.0
19.6

7.4
21.3

7.2
23 5

8.1
27 1

9.0
30 3

7.7
30 4

7.8
30 4

82
27 9

10.1
25 0

10.1
21.5

.098

104

.103

.102

.102

.102

.102

. 102

.105

.105

.105

107

.107

785 8
13 8
4 5
154 1

64.7
g
.3
92.8

60.4
1.4
.3
91.0

63.8
1.2
.3
102.5

62.1
18
3
117.7

67.3
1i
.3
142.5

69 2
10
3
161. 1

65.9
1i
4
177.4

66.6
14
2
186 6

63 2
9
3
175 8

69 9
16
4
154 1

68 6
1 j
I
131 3

765.4
13.0
38
155.4

.090

3.3
.3
8, ?, \

.109

.094

.095

.092

.092

.092

.092

.092

.095

.095

.095

.097

.097

.099

64 0
376 8
12 9
61.2
1 62

23.8
42.8
1.9
46.8
1.60

20.5
28.6
.8
46.2
1.55

20.5
26.7
1.1
49.5
1.55

19 6
27 8
1.1
51.7
1.55

21 6
27.1
.9
56.9
1.55

20 9
27 4
.9
59.6
1. 55

20 4
25 0
1.4
61.6
1 55

21 2
28 9
.8
64.0
1.55

21 7
31 2
.7
63.5
1 65

95 3
36 1
1i
61 2
1 65

25 4
44 3
1.6
59.1
1 65

1.50

i 191.2
i 18.7

215. 5
19.4

17.9
20.1

17.6
18.7

18.5
19.6

18.6
19.8

17.8
23.0

16.3
23.7

17.7
22 6

19.5
21.1

19.6
20.8

19 6
19 4

19 4
19 4

02.9
16.6
13.3

65.4
17.1
12 7

5.4
1.3
13.6

5.3
1.4
13.1

5.6
1.2
13.1

5.1
1.5
12.5

5.8
1.7
12.5

5.8
1.3
12.6

5.4
1.7
12 4

5.8
1.7
12.2

5.2
1.5
13 0

52
15
!••> 7

55
12
13 1

9

268.6
345. 2
14.9
56.2
1.83

.270

?70

.270

.270

.270

.270

.270

.270

270

270

.270

270

270

123.6
16.2

129. 6
17 3

8.0
24.5

10.3
26.8

11.4
26.5

13.8
23.6

14.1
20.9

14.8
16.9

14.2
15 3

12.9
13 3

10.0
14 4

7 5
17 3

69
20 4

56.1
200.2

60.1
215 1

5.3
17.9

4.9
14.9

5.3
13.8

4.9
13 3

5.1
13.2

5.0
14.3

4.6
15 8

4.8
18 8

4.8
22 2

51
°5 8

55
05 4

32.0

'37. 7

21.1

25.4

32.1

37.4

43.1

47.7

49.8

49.6

45.2

37 7

3° 5

72,338
28, 293
44, 044

69, 363
28,917
40, 446

4,724
1,996
2,728

5,448
2,028
3,420

6, 100
2,263
3,838

8,127
3 050
5 077

6,540
2 582
3,958

7,161
3,033
4,128

7,194
3,107
4,087

6,783
3 099
3 684

5,142
2 441
2 702

628
590
980

554
496
880

35
31
68

38
38
73

38
46
75

48
54
99

44
52
77

60
59
80

62
60
77

68
55
76

53
41
66

37
9
2
53

31
16
61

r

3 555 r 3 422
1 773 T i 65'?
1 782 r i 770

270

3, 680
1 506
2 174

5,311
2,225
3,086

31
20
58

40
25
84

PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks, end of period
Waste paper:
Consumption
Stocks end of period

thous cords (128 cu ft )
do
do

' 2 53,736 58, 881
'r 2 52,828 55, 382
2 6, 410
6,059

4,843
4,651
5,428

4,512
4,642
5,260

4,569
4,794
5,001

4,957
4,664
5,313

4,772
4,564
5.453

5, 020
4,792
5,639

4,730
4,418
5,908

4,827
4,978
5,829

4,497
4,646
5,703

4,716
4,366
6,059

4,759
4,844
5,835

thous. sh tons
do

' 2 r10,297
2
620

10, 159
'682

920
466

871
486

899
488

894
511

746
562

893
576

837
596

877
622

814
648

752
682

808
650

WOODPULP
Production:
Total all grades
thous sh tons
Dissolving and special alpha
do
Sulfate
do
Sulfite
do

r 2 33,921
'21,482
' 2 21, 473
'22,692

35, 736
1,557
22,353
2,804

3,052
140
1,908
242

2,964
132
1,854
239

3,102
134
1,945
256

3,017
140
1,898
236

2,904
115
1,847
220

3,130
134
1,980
243

2,820
118
1,752
228

3,133
131
1,970
245

3,047
132
1,923
243

2,801
116
1,753
209

3,076
134
1,944
230

'23,532

4,526 p 5, 105
4,454 p 4, 801
' 6,020 v 6, 286

' 770
'615

2,897
110
1,849
221

P817
j>633

3, 129
139
1,981
238
345
132
294

GSroundwood
Defibrated or exploded
Soda, semichem., screenings, etc
Stocks, end of period:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills

do
do
do

'23,094

r 2 1, 647

3,962
1,530
3,421

342
131
289

331
133
275

338
133
297

322
134
286

318
131
273

341
132
300

319
131
273

353
136
299

334
113
300

322
119
281

348
132
288

' 322
124
271

do
do
do
do

'759
'241
'436
82

729
258
387
84

680
242
355
82

683
243
361
79

700
250
369
81

716
233
393
91

746
249
408
89

775
266
418
91

743
252
398
92

773
296
386
91

760
292
382
86

729
258
387
84

751
289
379
83

'778
323
'379
76

p803
322
p406
P76

Exports, all grades, total
Dissolving and special alpha
All other

do
do
do

3 1,402
3535
897

1,572
563
1,009

125
56
70

153
46
108

140
47
93

132
54
78

121
24
97

123
42
81

146
49
97

109
42
67

136
47
88

133
42
90

103
39
64

113
38
75

172
83
89

Imports, all grades total
Dissolving and special alpha
All other

do
do
do

3,127
280
2 847

3,355
293
3,065

303
27
276

254
20
234

287
24
263

300
28
272

279
26
254

320
29
290

258
22
236

290
17
274

282
261

293
35
258

287
20
267

261
19
242

297
25
273

46, 558
23, 228
22, 483
138
3,709

4,045
1,756
1,935
12
341

3,938
1,697
1,879
12
349

4,034
1,718
1,964
12
339

3,996
1,699
1,946
12
339

3,677
1,586
1,769
9
313

4, 027
1,727
1,966
12
323

3,780
1,658
1,803
12
307

4,090
1,783
1,992
12
304

3,859
1,692
1,881
11
275

3,612
1,626
1,742
12
232

3,914
1,774
1,868
12
260

PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census) :
All grades, total, unadjusted. --thous. sh. tons.- ' 44, 049
Paper
do
'19,113
Paperboard
do
' 20, 866
'145
Wet-machine board
do
Construction paper and board
do
' 3, 925
r
Revised.
v Preliminary.
i See note 2 for p. S-35
revisions not allocated to the months.
3 See note " O " f o r r .




2
Rep orted ai inual to tal;
S-21.

r 3, 684 p4,005
' 1, 654 p 1, 783
r 1, 753 p 1, 893
"12
'11
p316
266

I

SUEVEY OF CURRENT BUSINESS

May 1967
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1966

1966

1965

Mar.

Annual

S-37

Apr.

June

May

July

1967

Sept.

Aug.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board— Continued
New orders (American Paper Institute):!
All grades, paper and board
thous sh. tons
Wholesale price indexes:
Printing paper
. 1957-59 = 100
Book paper A grade
do
Paperboard
_ _ _
do
Building paper and board
._
do _ _ .
Selected types of paper (API):§
Fine paper:
Orders, new
thous. sh. tons _
Orders, unfilled, end of period
do

101.7
115.1
97.1
92.8

101.4

110.6
96.4
93.0

2,429
150

r

2, 637
' 159

r

3 998

4,042

4,025

3,703

4,036

3, 791

4,077

3,742

101.4
113.5
97.0
92.7

101.4
113.5
97.1
92.6

101.4
114.6
97.2
92.6

101.9
114.6
97.2
92.6

101.9
115.6
97.2
92.9

101.9
116.7
97.2
93.0

101.9
116.7
97.2
92.7

101.9
116.7
97.2
93.0

101.9
116.7
97.2
93.1

101.9
116.7
97.2
92.7

101.9
116.7
97.3
'92.4

101.9
116.7
97.3
92.4

242
168

233
172

231
177

230
189

211
186

233
185

204
168

223
169

208
160

'202
'159

'230
'164

p208
p 153

44, 296 ' 46, 886 4,228

3, 582

' 3, 988 p 3,611

Production
Shipments
Printing paper:
Orders, new
Orders, unfilled, end of period

do
do

2,410
2,413

' 2, 641
' 2, 623

226
231

228
228

222
222

227
227

201
208

226
228

216
210

235
227

224
223

'214
'205

'239
'231

*>216
"216

do
do

6,198
510

'6,711
'553

623
620

551
598

579
614

580
626

546
656

555
621

563
610

562
583

515
543

'556
'553

'565
'556

*489
P492

Production
_ _ _ _ _
Shipments
Coarse paper:
Orders new
Orders unfilled end of period

do
do

5,993
5 993

'r 6, 511
6 514

562
562

534
534

557
557

556
556

513
513

561
561

547
547

571
571

543
543

'539
' 542

'558
' 543

P513
p 513

do
do

4 590
210

r

4 723
' 200

447
250

417
256

387
245

390
240

369
215

398
234

374
227

392
214

392
205

' 382
200

'390
' 211

P 372
p 213

Production
do
Shipments
do
Newsprint:
Canada:
Production
do
Shipments from mills
_ _
do
Stocks at mills, end of period- _
do
United States:
Production
_ _ _
do
Shipments from mills
do
Stocks a t mills, e n d o f period. _ _ _ _ _ _ d o

4 591
4 564

4 696
4, 704

429
420

394
399

405
398

397
396

365
370

399
397

389
388

399
395

392
394

372
'381

'397
'395

P 372
P366

7,720
7,747
150

8 419
8,385
184

738
688
302

702
732
72

735
111
230

698
687
241

703
666
278

730
709
299

677
703
272

726
717
281

714
738
258

667
740
184

698
612
270

659
602
327

695
653
369

670
692
348

2,180
2, 183
19

2,410
2,408
21

203
210
20

192
191
20

205
207
17

205
204
18

194
186
26

211
207
30

192
195
27

211
210
28

214
215
28

201
207
21

227
209
39

212
199
51

225
225
51

223
221
54

Consumption by publisherscf
do
Stocks at and in transit to publishers, end of
period
- thous. sh. tons

6, 387

6,898

586

576

628

573

522

547

582

641

626

593

542

511

585

609

573

681

624

641

668

677

688

729

737

700

705

681

682

672

676

654

Imports
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh ton

6,323

6 991

633

570

607

632

494

587

624

605

601

577

563

500

549

132 40

136 23

132 40

134. 40

134 40

138. 40

138. 40

138. 40

138. 40

138. 40

138. 49

138 40

138. 40

138. 40

469
1,025
466
97

452
999
457
94

391
999
410
84

449
975
450
92

429
937
435
90

461
943
463
95

442
883
463
94

412
731
423
84

456
748
404
91

451
720
455
92

450
705
453
91

14, 353 r!3 798 '12 982

I9 998

12 098

12, 747

42 00 '45 25
81 55 ' 95. 03
39.37
29 54
'.219
.220

42 68
98.19
33.06
.208

47.45
104. 15

167 02 '164 54
141 07 '146 33
28
347 94 '352
9 9
93 37
6 6

150 07
133. 78
347. 98
25 24

164. 73
145. 03
344. 21

22.64 ' 22 21 20.73
20 19 ' 21 66 20 33
30 86
31 53 r 31 00

23. 32
21. 49
31.63

T

9

Paperboard (American Paper Institute) : A
1417
Orders, new (weekly avg.)
thous. sh. tons..
471
453
449
i 796
Orders, unfilled, end of period
do
944
973
724
410
Production, total (weekly avg.)
do
450
450
445
90
94
Percent of activity (based on 6.5-day week)
95
92
Paper products:
Shipping containers, corrugated and solid fiber, r
r
r
shipments!!
mil sq ft surf area !48 471 !60 152 !4 091 '13 182
Folding paper boxes, shipments, index of physical
129 5
140.2
volume
1947-49—1^0
128 2

r

!3 471

133.5

r

!3 672 '12 371 r!4 036

144.5

125.8

145 4

r

!4 227

143.5

r

459
695
452
90

140.5 p 130. 1

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous Ig tons
Stocks, end of period
do
Imports , incl. latex and guayule
do
Price, wholesale, smoked sheets (N.Y.)._$ per lb._
Synthetic rubber:
Production
Consumption
Stocks, end of period _
Exports

___

thous Ig tons
do
do
do

Reclaimed rubber:
Production
Consumption
Stocks, end of period

do
do
do

514 71
100 01
445 32
.257

549 70
81 55
431 66
.236

1 813 99 1 969 62
1,54087 1 671 91
311 95
347 94
2 281 78
308 44
280 29
969 54
30 16

50 90
90 956
40 7
.258
169
150
309
30

52
23
77
00

45 93
90 34
44 33
.244
165
141
316
9
6

58
O9
02
11

46 42
91 45
38 45
.241
165
137
322
94

55
93
02
07

47 06
90 84
42 40
.236

155 00
113 63
342
71
9
8 01

160
137
338
95

24 55
99 35
39 is

18 58
17 27
3° 41

9

23 20
22 06
9Q 99

177, 169

16,275

15,317

14, 885

14, 473

173
54
116
2

464
680
348
436

15 855
5 527
10 079
249

16 224
5 253
10 9734
37

14 690
4 903
9 587
200

16 220
4 900
11 161
159

42 569
2 051

41 441
°11

40 775
175

41 914
99Q

39 601
147

42 765
44 222
11 996
1 100

3 983
4 480
10 630
87

3 591
3 724
10 699

3 533
3 336
11 039
196

3 669
3 770
11 107
80

23 96
21 67
30 79

46 40
88 75
38 05
.230

59
29
96
59

161
140
393
94

27 19
24 56
30 07

276 86
258 44
31 53

37 40
92 77
95 94
.234

54
96
91
39

47 56
86 62
30 69
.223
164
143
337
95

20
88
22
18

48 60
87 59
34 22
.219
168
153
334
94

08
05
99
39

46 15
86 69
34 52
.223
170
144
340
24

87
09
40
10

.206

2 94
20 40
39 4}

21 74
9 9
1 9
30 79

93 94
93 26
30 6°

21 85
20 39
30 36

12, 187

13, 959

14, 809

15, 869

15,000

14, 483

15, 058

14, 147

15, 070

12 901
2 446
10 292
163

12 6°1
2 066
10 358
197

16 015
4 (\84
11* 133
199

16 558
5 269
11 020
269

13 858
5 17}
8 511
176

12 388
4 629
7 564
196

13 166
4 143
8 845
178

11,353
3 234
7 898
999

14, 434
4 455
9 782
198

39 166
151

40 856
153

39 565
166

39 093
161

40 393
181

42 569
165

47, 594
44 678
115
193

48, 273

3 185
3 402
11 119

3 301
3 399
11 163

3 743
3 739
11 065
102

3 773
3 834
11 276
104

3 490
3 298
11 704
86

3 434
3 219
11 996
85

3 496
4 630
10 846
68

3 385
3 312
10, 947
55

3,853
3 798
11,050

.208

TIRES AND TUBES
Pneumatic casings, automotive:
Production
Shipments, total
Original equipment
Replacement equipment
Export.

thous.. 167,854
_

do
do
do
do

Stocks , end of period
Exports (Bu. of Census)

do
do

Inner tubes, automotive:
Production
Shipments
Stocks, end of period
Exports (Bu. of Census)

do
do
do
do

169
58
107
9

060
280
905
§75

37 016
2 9 381

41 342
41 936
11 839

2 i 189

•joe

' Revised.
p Preliminary.
i Beginning Jan. 1965, monthly data are 4-week averages
for period ending Saturday nearest the end of the month. Annual data for new orders are
52-week averages; those for unfilled orders are as of Dec. 31. 2 See note "O" for p S-21




d*As reported by publishers accounting for about 75 percent of total newsprint consumption,
t Revisions for Jan. 1964-Feb. 1965 will be shown later.
§Formerly American Paper and
Pulp Association. AFormerly National Paperboard Association.

SUKVEY OF CURRENT BUSINESS

S-38
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

Annual

1967

1966

1966

1965

May 1967

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments, finished cement.....

thous. bbl._ ••1374,086 1380,665 28, 779

30,833

35, 330

41, 724

37, 941

43, 176

38,672

38, 400

29, 195

21,044

18, 457

17,066

746.9
24.9
159.8

636.7
23.2
148.2

615.9
25.2
139.2

544.0
21.6
115.4

408.8
20.4
90.7

' 410. 6
18.1
'82.9

369.5
21.0
72.2

CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazcd (common and face)
mil. standard brick. . 8, 089. 1
Structural tile, except facing
thous. sh. tons..
313.3
Sewer pipe and fittings, vitrified
do... 1, 732. 2
Facing tile (hollow) , glazed and unglazed
328.9
mil. brick equivalent -Floor and wall tile and accessories, glased and un283.4
glazed
_-.
mil. sq. ft-Price index, brick (commo'n), f.o.b. plant or
N.Y. dock. _.
1957-59 =100..
108. 4

7,606. 2
267. 4
1,610.3

747.7
23.4
151.3

745.6
22.7
146.4

753.8
21.2
148.4

812.3
24.5
174.4

709.3
23.2
159.0

308.1

26.3

28.3

26.2

29.2

27.1

28,7

26.3

25.2

23.7

22.2

22.0

272.7

25.9

24.6

24.2

26.1

21.8

23.7

22.3

20.8

20.3

18.9

'18.9

111.5

110.7

110.9

111.1

111.9

111.9

112.1

112.9

112.2

•- 112. 4

111.8

111.9

15.6
19.1
112.9

GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments

thous. $.. 354,308

343, 138

87, 802

86, 554

80,852

87, 930

140, 559
213, 749

136, 785
206, 353

33,541
54,261

34, 401
52,153

34,088
46, 764

34 755
53, 175

202, 050

211, 764

18, 658

17, 567

18, 370

18, 996

18, 027

19, 821

17, 163

18, 392

16, 064

Shipments, domestic, total.- .
. do _ 195, 924
General-use food:
Narrow-neck food .
do
21,548
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars)
thous. gross.. 53, 742

204,093

17, 785

16, 578

17, 460

19, 337

17, 125

19, 768

18, 878

15, 981

15, 971

21, 605

2,035

1,717

1,713

1,653

1,578

2,533

2,767

1,760

4,568

3,957

4,963

4,936

Sheet (window) glass, shipments
Plate and other flat glass, shipments
Glass containers:
Production

do
do
thous gross

15, 609

17, 119 '•16,852

18, 658

16, 197

15, 271 --15,010

18,500

1,403

1,478

' 1, 651

2,061
4,424

51,941

4,356

3,851

4,142

4,433

4,378

4,025

4,329

' 4, 079

2,266
3,304
1,469

2,561
3,549
1,539

3,350
4,197
1,540

3,236
4,190
1,120

2,579
3,893
1,507

2,287
3,050
1,506

1,533
2,759
1,757

2,016
2, 787
1,617

2,677
3,234
1,368

1,852
2, 692
1,338

"1,918
'2,631
' 1, 291

2,774
3,889
1,685

3,093
442
77

2, 865
'497
'78

3,069
505
93

31,500 '32,964

30, 801

Beverage
Beer bottles
Liquor and wine

do
do
do

20,283
36, 134
17,273

27, 098
38, 895
17,608

2,034
3,302
1,571

Medicinal and toilet
Chemical, household and industrial
Dairy products

do
do
do

38, 797
6,882
1,265

39, 992
5,813
1,141

3,864
531
92

3,366
502
103

3,359
516
81

3,427
510
92

2,575
393
76

3,646
544
103

3,669
546
117

3,227
426
86

3,153
448
94

2,958
424
108

do

26, 945

30, 084

30, 801

31,977

32, 814

31, 892

32, 408

31,926

29,684

31, 735

31, 280

30, 084

5,911
10, 035

5,479
9,635

1,033
2,245

1,487
2,678

1,706
2,535

1,253
2,177

do

9,320

8, 258

2,074

2,305

2, 111

1,768

do
do

4,580
319

4,627
322

786
81

1,430
82

1,339
80

1,072
80

do
do

828
976

678
904

165
202

191
238

185
252

136
206

1,089
6,930
228

264
1,623
54

316
1,996

294
1,828

Stocks, end of period

1,448

GYPSUM AND PRODUCTS (QTRLY)
Crude gypsum, total:
Imports
Production

thous. sh. tons
do

Calcined, production, total
Gypsum products sold or used, total:
Uncalcined uses
Industrial uses
Building uses:
Plasters:
Base-coat
All other (incl Keene's cement)
Lath
Wallboard...
All other

mil sq ft
do
do

1,368
8,083
271

6

r

55

76

215
1, 483
43

TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills: f
Cloth woven total 9
mil linear yd
Cotton
do
]Vtanmade
fiber
do

13 037

'12 689 2 12 265
864
8*866
' 3 571 2373

1 008

9,262
3 517

1 019 2 12 237
701
856
2
294
353

' 1 306 1 068

1,053

1 045

Stocks total end of period 9 cf
Cotton
Manmade
fiber

do
do
do

1 139

Orders, unfilled, total, end of period 9 ^f
Cotton
Manmade
fiber

do
do
do

4 140
3,023

676
442

999

' 521

627
416

'3 222
' 2,T 408
746

4,649
3, 439
1,085

766

700
285
614
414

4 662
3,473
1 080

607
416

4 714
3,504
1 099

1 084

824
557
249

1,010

712
279

21,210
2854
2
335

1 001

1,001 ' 21, 081
722
2778
265 '2285

1,175

1,194

1,180

1,219

1,257

620
444

656
501

4 453
3,305
1 046

4,500
3,302
1,105

703
473

4,135
3.124

925

673
489

3,883
2,952

855

705
280
702
500

730
509

3 727
2,839

3,382
2,533

821

783

'940

667
254

963
673
271

' 1, 306

' 1, 333

1,316

'521

'528

766

' 3, 222
'2,408
'746

785

'3,209
2,423
' 718

786
509

3,055
2,251

733

COTTON
Cotton (exclusive of linters):
Production:
10
8,755 39,204 * 9, 526
5 9, 557
396
1,341
5,008
GinningsA thous. running bales
14,916
9 557 14, 916
Crop estimate, equivalent 500-lb. bales
thous bales
14,956
9 569
2
2
759
622
770
2906
781
852
769
2932
Consumption. _
do
749
758
769
2953
947
9 296
9,647
Stocks in the United States, total, end of period
03 785
thous bales
20 438 '20 644 19 542 18 629 17 467 16, 862 26 902 25 202 23 615 21,904 20, 438 19, 070 17, 747 16, 565
Domestic cotton, total
do
23, 680
20* 359 '20,554 19, 460 18, 553 17, 396 16, 801 26, 803 25,109 23, 535 21, 822 20, 359 18, 991 17, 669 16, 496
r 362
730
2 255
6 545
188 11 318
9 993
1 294
1 099
853
354
147
377
On farms and in transit
do
2 533
1 294
Public storage and compresses
do
17^639 18, 381 17, 360 16, 524 15, 761 15, 274 14,177 14, 012 15, 873 18,229 17, 639 16, 262 14, 942 13, 779
19, 619
1 117
1,987
1 338
1 339
1 426
1 630
] 746
1 308
1 104
1 874
1 652
1 488
Consuming establishments
do
1 811
1 426
1 528
69
82
62
80
79
99
79
82
71
93
78
76
90
Foreign cotton, total
__,_do
105
79
r
9 Includes data not shown separately.
Revised. J Beginning Jan. 1965, excludes finished cement used in the manufacture of pred" Stocks (owned by weaving mills and billed and held for others) exclude bedsheeting,
pared masonry cement (2,734 thous. bbls. in 1964); annual totals include3revisions not distribtoweling, and blanketing, and billed and held stocks of denims. Effective Aug. 1965, stocks
uted
to the months.
2 Data cover 5 weeks; other months, 4 weeks.
Ginnings to Dec. 13.
4
cover additional manmade fiber fabrics not previously included.
Ginnings to Jan. 15. s Crop for the year 1966. 6 Includes revisions not distributed
H Unfilled orders cover wool apparel (including polyester-wool) finished fabrics; production
to the quarters, t Data shown here are not strictly comparable with those for earlier periods
and stocks exclude figures for such finished fabrics. Orders also exclude bedsheeting,
for the following reasons: Beginning Jan. 1964, fabric classifications were revised and manmade
toweling, and blanketing.
ATotal ginnings to end of month indicated, except as noted.
fiber drapery fabrics were added; beginning Jan. 1966, data reflect further changes in reporting
classifications, principally cotton blends.




SURVEY OF CURRENT BUSINESS

lay 1967
1965

nless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

1967

1966

| 1966

Annual

S-39

Mar.

Apr.

May

June

July

Aug.

Sept.

Nov.

Oct.

Dec.

Jan.

Feb.

Mar.

Apr.

TEXTILE PRODUCTS—Continued
COTTON-Contimied
)otton (exclusive of linters)— Continued
Exports
thous bales
Imports
_ d o
Prices (farm), American upland
cents per Ib _
Prices, middling 1", avg. 15 markets
do
Cotton linters:
Consumption
thous bales
Production
do
Stocks, end of period
_
do

3,795
99
28.0
129.6

3,597
100

236
6
27.6
29.5

177
6
28.2
29.5

214
1
28.4
29.6

176
4
29.3
29.6

142
2
29.7
29.6

341
39
"21.2
»22.0

348
7
21.2
21.9

22.4
21.8

11

518
3
21.9
21.8

607
(4)
22.0
21.9

458
7
19.8
22.0

458
5
20.7
22.0

401
5
20.5
22.1

1,406
1,635
734

1,366
1,419
725

2143
168
'834

123
113
848

120
87
804

2138
58
711

91
37
641

104
42
584

2123
63
527

105
153
567

93
168
636

293
158
725

91
152
778

89
'111
••810

2105
114
826

18.9
14.7
128.0
.493
102.9

19.5
15.1
132.1
.509
102.4

19.2
14.7
213.0
.518

19.3
14.7
10.7
.536
8.2

19.3
14.8
212.9
.515
29.9

19.3
14.8
8.6
.430
6.6

19.5
15.1
10.6
.530
8.2

19.6
15.1
212.9
.514

19.5
15.1
10.2
.508
7.9

19.5
15.1
.453
28.8

19.8
15.3
10.1
.503
7.8

19.8
15.3
10.0
.499
7.8

211.9

210.1

19.5
15.1
10.5
.527
8.3

211.3

210.0

19.2
14.7
10.5
.525
8.0

.629
.891

.949

.652
.938

.657
.939

.667
.946

,667
.954

.667
.959

.962

.962

.960

.953

.953

.951

.945

9,238

8,846

2,295

20.3

18.4

21.8

22.6

22.6

21.7

28.7

20.2

19.8

18.6

17.6

18.4

16.1

14.9

4.5

4.5

3.7

3.8

3.8

3.8

5.0

3.8

3.8

3.9

4.1

4.5

4.3

4.2

4.4

.23
337.51

.25
3 39. 39

.18
38.58

.17
38.71

.17
38.72

.17
38.72

.17
38.75

.18
40.40

.18
40.60

.21
40.67

.23
40.41

.25
39.54

.26
39.12

.29
38.88

.32
38.61

34.9
18.6
17.5

35.8
18.7
18.0

34.9
18.8
18.0

35.6
18.8
18.0

36.2
18.8
18.0

36.2
18.8
18.0

36.2
18.8
18.0

36.2
18.8
18.1

36.2
18.8
18.1

36.2
18.8
18.3

36.2
18.3
18.3

36.2
18.3
18.3

3, 532. 2
825.0
648.0

3, 860. 0
799.8
659.2

938.0
201.7
167.0

995.3
198.8
172.8

980.4
201.7
168.5

942.8
197.6
150.9

997.7
779.2
282.3

1, 164. 7
904.0
332.3

270.7
220.8
77.8

289.6
250 0
84 1

302.6
222.4
85.2

298.3
210.8
85.2

99, 923
"50,763

98, 722
55,522

10,029
6,181

8,509
4,902

9,209
5,506

8,262
5,104

7,290
4,394

7,056
4,025

7,484
5,165

7,889
5,779

7,533
4,162

8,609
7,608

15,690
130, 108

16, 571
177, 570

1,094
16, 247

1,132
21,488

1,752
13, 654

1,795
13, 825

1,198
14, 308

1,843
17, 303

1,416
12, 411

923
13, 349

1,600
11,910

59.8
55.8

67.3
70.1

60.1
53.9

58.8
53.5

57.6
53.5

55.0
54.7

63.7
65.9

66.5
70.9

66.8
74.5

65.6
70.7

64.4
64.4

109.3
96.7
32 2

149.6
129.8
42.5

112.9
89.9
25.9

.28
.85
.80

.28
.80
.80

.28
.84
.80

3, 926. 2 4, 200. 7
1, 640. 6 1, 575. 5
733.8
855.8
303.9
334.7

1,105.3
419.2
198.6
84.1

1,091.4
405 8
187.1
83.2

1, 534. 6

1,909.1

499.5

643.3
713.5

627.2
1, 049. 2

162.7
280.7

519.4
167, 083

481.2
173, 701

126. 0
16,413

274.7
112.3
271.6
108.9

266.6
103.6
277.2
114.6

1.249
1.192
1. 156

107.8

1

COTTON MANUFACTURES
spindle activity (cotton system spindles):
Active spindles last working day total
mil
Consuming 100 percent cotton
do
Spindle hours operated all fibers total
bil
Average per working day
do
Consuming 100 percent cotton
do
Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
20/2 carded weavingS
$ per Ib
36/2 combed, knitting§
do
Cotton cloth:
Cotton broad woven goods over 12" in width:
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' prodRatio of stocks to unfilled orders (at cotton
mills) end of period, seasonally adjustedA
Mill margins
cents per Ib
Prices, wholesale:
Print cloth, 39 inch, 68 x 72
do
Sheeting, class B, 40-inch, 48 x 44-48. . .do
MANMADE FIBERS AND MANUFACTURES
Fiber production qtrly total
mil Ib
Filament varn (rayon and acetate)
do
Staple, incl. tow (rayon)
do
Noncellulosic, except textile glass:
Yarn and monofilaments*
do
Staple incl tow*
do
Textile glass
fiber
do
Exports:
Yarns and monofilaments
thous. lb._
Staple tow and tops
do
Imports:
Yarns and monofilaments
do
Staple, tow, and tops
do
Stocks, producers', end of period:
Filament yarn (rayon and acetate)
mil. lb_.
Staple, incl. tow (rayon)
do
Noncellulosic fiber, except textile glass:
Yarn and monofilaments*
do
Staple incl tow*
do
Textile glass
fiber
do
Prices, manmade fibers, f.o.b. producing plant:
Staple: Rayon (viscose), 1.5 denier
$ per lb._
Polyester 1 5 denier*
do
Yarn: Rayon (viscose), 150 denier
do
Manmade fiber and silk broad woven fabrics:
Production (qtrly.), total 9
mil. lin. yd —
Filament yarn (100%) fabrics9
do
Chiefly rayon and/or acetate fabrics
do
Chiefly nylon fabrics
do
Spun yarn (100%) fabrics (except blanketing) 9
mil. lin. yd__
Rayon and/or acetate fabrics and blends
do....
Polyester blends with cotton
do
Combinations of filament and spun yarn fabrics
mil. lin. yd._
Exports, piece goods
_ _ _ thous. sq. yd..
WOOL
Wool consumption, mill (clean basis) :
Apparel class _

mil. Ib

Wool imports, clean vield*..Duty-free (carpet class)*-.
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine.
Graded fleece, % blood
Australian, 64s, 70s, good topmaking

do
do
$ per Ib
-.-.do
do

WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, American
system, wholesale price
1957-59=100 .
Woolen and worsted woven goods, exc. felts:
Production (qtrly.)
mil. lin, yd—
Suiting, price (wholesale), flannel, men's and
H/YWQ' f n V» mill

r

ins7 cr\

inn

8

6

.28
.84
.80

.28
.84
.80

.28
.84
.80

.28
.84
.80

.28
".75
.81

19.8
15.3

.477
29.3

14.5

* 65.3 " * 57. 1
s 57.1 M9.8

558.9
548.4

8,069
6,514

8,101
7,034

7,453
6,314

1,587
14, 246

2,237
9,563

3,357
13,600

1,908
14,488

67.3
70.1

70.2
74.6

"68.6
'80.1

63.3
82.8

.72
.81

.72
.81

149.6
129.8
42.5
.28
.72
.81

.28
.72
.81

.28
.72
.81

" 998. 0
" 382. 2
178 2
T 86 8

1,006.0
368.3
169.9
80.6

497.8

" 444. 0

467.8

164 0
274.0

r 145 8
239,5

154.7
255.0

13, 958

127 8
14, 222

12, 745

12, 821

14, 061

15, 227

15,062

112.8
17,971

33.0
10.8

23.4
8.5
26.9
9.5

23.0
8.5
23.1
8.3

228.1
29.6
25.7
11.4

18.9
5.8
21.4
12.5

22.1
8.3
26.4
16.1

222.6
29.5
18.7
9.3

17.7
8.6
14.7
5.0

16.1
7.7
15.9
7.0

2 18.9
27.8
19.3
8.6

18.5
7.1
16.5
7.0

"18.4
"6.1
13.1
4.2

222.0
26.8
17.6
5.7

1.349
1, 171
1.259

1.325
1.225
1.235

1.350
1.225
1.275

1.375
1.225
1.275

1.375
1.183
1.275

1.395
1.175
1.275

1.395
1.165
1.275

1.390
1.120
1.275

1.360
1.098
1.275

1.325
1.097
1.275

1.325
1.075
1. 225

1.288
1.050
1.188

1.225
.975
1.175

1.213
.945
1.175

108.2

110.2

110.2

109. 1

109.7

109.7

109.1

108.0

106.5

103.4

102. 8

100.7

100.1

109 7

102 7

103.2

102.7

102.7

229.3

267.3

265.2

74.5

1 nn- o

mo 7

i no 7

r H4 6

ino 7

•JH9 7

in.9 7

mo 7

1O.9 7

1.175
.918
1.125

54.7

r 6J g

74 2
tOO 7

38.13

18.4

14, 600

211.3

20.4
22.2

2,181

136.5
136.3
29.3

117 3
109 7
23.3

3
Revised.
i Season average.
2 For 5 weeks, other months, 4 weeks.
Margins
thru July 1966 reflect equalization payments to domestic users (Aug. 61965-July 1966, 5.75
cents per pound).
* Less than 500 bales.
& For month shown.
See "O," P- S-21.
« Reflects decrease in the 1966 national average loan rate.
§Data beginning Aug. 1965 for knitting yarn, May 1966 for weaving yarn, and Aug. 1966
for rlenim are not strictly comparable with earlier prices.




'2 083

2 287

.28
.84
.80

306

ARevised data (1963-66) appear in U.S. Dept. Agriculture Mar. 1937 COTTON SITUATION.
9 Includes data not shown separately.
*New series. Sources: Polyester staple price, U.S. Dept. Labor; wool imports, U.S. Dept.
Agriculture from Bureau of the Census records (such imports exclude animal hairs), uata
are available as follows: Price, back to 1955; noncellulosic yarn and staple—production to
1951: stocks, to 1953; wool imports to 1948.

SURVEY OF CURRENT BUSINESS

S-40
1965

Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS

I 1966
I

May 196

1966

Annual

Mar. i Apr.

May

June

July

1967
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

18,323

19,296

19, 234

Apr.

TEXTILE PRODUCTS—Continued
APPAREL

194. 753 ' 210, 425

Hosierv, shipments
. _ . thous. doz. pairs
Men's apparel, cuttings :t
Tailored garments:
Suits
thous. units
Overcoats and topcoats
do
Coats (separate) , dress and sport..
do
Trousers (separate) , dress and sport
do
Shirts (woven fabrics), dress and sport
thous. doz
Work clothing:
Dungarees and waistband overalls
do
Shirts.
_ .
.do
Women's, misses', juniors' outerwear, cuttings:}
Coats
thous. units
Dresses
do
Suits
do
Blouses, waists, and shirts
Skirts

thous. doz
do

20,715
3 799

'r21, 855
3 980
' 12, 291
T
142,348

T

18, 287 ' 16, 003' 15, 495T 18, 252

2,123

1,848

301

351

1,812

357

1 858

15, 794

20 527

19,095

19, 938

20,096

15, 873

1,073

1,762

1,688

1,826

1,736

1,436

252

384

13, 148
145 673

1,290
13 569

1,214
12, 763

1,152
13 106

1 139
13 446

414

373

330

283

9 741

1 099
13 521

1,064
13 122

1,079
11 846

1,055
11 649

1,080
10, 491

692

r

1,r 462
226

1,550

r

1, 103
11 271

1,057
11 187

' 2, 382

2,467

238
T

227

r

28, 211

27, 827

2,749

2,446

2,371

2 341

1,604

2 178

2,373

2,392

2,446

2,207

T

4,862
3, 906

5,909
4,096

485
406

471
369

464
352

487
356

380
272

584
348

520
354

533
332

520
331

591
288

25 274
282,071
11, 859

24 595
271, 647
10, 510

1,902
31, 100
1,102

1,539
26, 834

1 550
24 138

2 257
22 800

2 144
17 677

2 451
21 897

2 401
23 144

918

2 168
20,784
932

1 680
18, 311

881

2 109
21*523
791

762

2 075 1 914
22,292 24 203
'984
887

1 557

1 365

1 163

1 238

1 196

1 055

777
523

1r 151
756

r

r

r
r
T

18, 072
8, 876

r

T

15 138
10,225

709

872

781

722

1 180

956

899

852

1 326

1 289
1,075

977

929

824

992

764

'r 512
365
r

T

521
375

1 208

749

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

22, 181
14, 571
20, 099
17, 016
12, 535

27, 701
16, 692
24, 624
20, 208
14,519

6,440
3,900
5,233
4,667
3,315

5,788
3,011
5 171
5,006
3,560

Backlog of orders, end of period 9
do
U S. Government
do
Aircraft (complete) and parts
do
Engines (aircraft) and parts
do
Missiles, space vehicle systems, engines, propulsion units, and parts
mil. $
Other related operations (conversions, modifications), products, services..
mil. $

20,383
13, 695
8,885
2,502

27,800
16,044
14, 651
3,894

2° 156
14,358
10, 124
2,846

22, 938
13, 809
10 939
3,022

Aircraft (civilian): Shipments©
Airframe weight©
Exports

r

8 366
r 5 099
' 3, 734

6,386
4,160
5,854
5,436
3,910

' 26,868
r 15 735
r 13 gg7
r
3 750

27,800
16,044
14, 651
3,894

4,538

r 4 778

4,636

2,360

r

5,481

4,636

5,142

1,855

2,450

2,201

1, 592. 0
do
thous. lb__ 32, 200
473.0
mil. $

2, 087. 0
43,983
553.7

186.8
3,797
68.8

198.3
4,265
61.8

224.8
4,809
41.3

169.8
3,747
54.4

11, 057. 4 10, 329. 5 1, 089. 8
10, 716. 6 9, 943. 5 1,061.5
9,305.6 8,598.3
919.8
9, 100. 7 8,336.9
902.0
1.751.8 1,731.2
170.1
159.5
1.615.9 1,606.6

963.2
935.5
811.0
793.9
152.3
141.6

948.8
921.1
787.8
771.2
161.0
149.9

1 3105. 03
i 10. 42
i s 159. 67
5.77
17.29

177. 58
12.72
78.64
6.79
10.70

13.29
1.38
7.11
.65
1.44

10.37
1.07
6.08
.65
.87

559. 43
8.00
7.60

858. 15
5.75
42.96

77.26
.58
2.68

103, 756
65, 909
14, 653

113, 545
75, 527
18, 402

9, 313. 9 s 9,008. 5
569.4 e 658. 1
1. 528. 9 51,610.4

9 087

r 5 621
r

_ _

2,450

2 363

' 135. 0 ' 141.2
' 3, 593 r 3, 016
53.3
42.9

261.8
5,134
78.7

148.6
3,106
31.3

161.7
3,372
44.6

149.4
3,448
29.2

148.4
3,040
66.6

159.3
3,384
23.5

198.2
4,019
53.7

985.9
959.2
818.6
802.5
167.3
156.7

625.3
605.6
488.4
480.0
136.9
125.6

211.9
196.3
143.8
136.4
68.1
59.9

747.2
709.9
621.8
592.4
125.5
117.5

985.3
936.9
835.3
797.7
150.0
139.3

980.7
928.5
832.6
791.2
148.1
137.2

923.6
878.1
775.1
740.5
148.5
137.6

797.3
758.1
651.2
625.0
146.1
133.1

660.2
628.0
525.6
501.9
134.6
126.2

833.4 2 796. 0
785.0 2
657. 3
684.1
647.4
149.3 2 138. 7
137.6

9.92
1.21
6.36
.56
.95

7.49
1.12
7.27
.70
1.07

5.70
.97
7.83
.57
.84

4.G1
1.15
6.41
.51
.52

19.18
.83
5.24
.59
.74

27. 64
.90
6.35
.49
1.00

28.31
.81
5.98
.55
1.01

30.31
.91
7.23
.42
.70

21.96
.89
7.08
.46
.88

14.19
.84
6.57
.51
1.09

31.41
.96
7.54
.53
1.14

49.41
.47
1.47

74.06
.57
2.22

80.77
.38
4.06

69.34
.46
4.07

47.53
.20
4.05

77.38
.51
2.02

73.38
.58
3.26

78.69
.30
3.91

108. 55
.22
10.43

102. 30
.21
6.70

79.52
.33
5.49

88.46
.31
7.28

11,546
7,572
2,263

10,968
7,018
975

10, 136
6,673
1,895

10, 690
6,928
1,719

7,763
5,206
1,591

8,835
6,232
1,793

9,790
6,600
1,406

9,603
6,468
975

8,794
5, 961
1,454

8,376
5,602
1,222

878.8
59.7
143.4

822.6
55.6
148.6

777.2
50.6
144.0

752.5
52.6
137.4

832.7
59.0
151.0

743.6
58.1
141.6

573.8
64.4
121.9

766.7
64.7
128. 0

732.1
51.7
120.1

808.2
56.3
136.8

616.1
46.4
113.2

538.9
45.2
108.9

670.8
57.5
132.2

5 90, 190
5 67, 785
22, 405

8,054
6,009
2,045

7, 262
5,689
1,573

7,500
5,473
2, 027

7,508
5,307
2,201

6,799
4,820
1,979

8,385
6,251
2, 134

7,436
5,982
1,454

7,787
6,503
1,284

7,368
5,757
1,611

8,043
6, 086
1,957

7,217
5,929
1,288

8,101
6,048
2,053

9,156
7,054
2,102

8,391
' 4, 278 5,154
3,237
1,738

7,673
5, 905
1,768

5,966
5,218
748

r 6, 209
8,378
' 4, 466 2,866
1,743
5,512

2,055
1,743
312

' 3, 358
'2,908
450

5,028
3,824
1,204

MOTOR VEHICLES
Factory sales, total
Domestic
Passenger cars, total
Domestic
Trucks and buses, total
Domestic

thous..
do
.do
do
do
do

Exports:
Passenger cars (new) , assembled
do
Passenger cars (used)
do
Trucks and buses (new) , assembled
do
Trucks and buses (used)
do
Truck and bus bodies for assembly*
do
Imports:
Passenger cars (new), complete units
do
Passenger ears (used)
do
Trucks and buses, complete units
.do
Shipments, truck trailers:
Complete trailers and chassis
number
Vans
do
Trailer bodies, chassis, sold separately
do
Registrations:©
New passenger cars
thous
Foreign cars
do
New commercial cars (trucks)
do

' 8, 084 r 8, 322 10, 176
5,253
' 5, 274
6, 428
' 1, 827 ' 1, 658 2,383

RAILROAD EQUIPMENT
Freight cars (ARCI):
Shipments
Equipment manufacturers total
Railroad shops, domestic

number
do
do

77, 896
53, 392
24, 504

New orders
Equipment manufacturers total
Railroad shops, domestic

do
do
do

88, 288 ' 101,829
65, 617 ' 75, 189
22, 671
26, 640

11,244
9,229
2,015

11,912
7,757
4,155

9,510
8,813
697

5,734
4,658
1,076

r 6, 016

Unfilled orders, end of period
Equipment manufacturers total
Railroad shops, domestic

do
do
do

45. 266
32,
873
I9 393

56, 618
40, 426
16, 192

54, 721
42, 905
11,816

59, 652
45, 219
14, 433

61, 596
48, 478
13,118

60, 378
48, 341
12, 037

59, 874
48,082
11,792

59, 750
46, 861
12, 889

59, 508
46,407
13, 101

57, 883
45, 328
12, 555

56, 437
43, 781
12, 656

56, 618
40, 426
16, 192

51,450
38, 943
12, 507

46, 197
35,293
10, 904

42, 010
32,004
10,006

Passenger cars: Shipments
do
Unfilled orders, end of per_.-do

201
14

15
83

0
20

0
20

0
70

0
70

6
64

6
59

3
56

0
56

0
83

0
83

0
83

0
83

0
83

* 1, 481
5.3

1,497
4.8

1,480
5.0

4

1, 484
4.9

1,486
5.0

1,487
4.9

1,487
4.9

1,489
5.0

1,489
5.0

1,491
5.0

1,491
4.7

1,497
4.8

1,496
5.0

1,498
5.1

1,498
5.0

* 88. 20
* 59. 58

91.58
61.19

88.70
59.90

489.00
* 59. 97

89.30
60.08

89.57
60.23

89.71
60.34

90.03
60.48

90.20
60.59

90.50
60.71

90.71
60.82

91.58
61.19

91.72
61.31

91.99
61.42

92. 25
61.60

Freight cars (revenue), class 1 railroads (AAR):§
Number owned end of period
thous
Held for repairs % of total owned
Capacity (carrying), aggregate, end of period*
mil. tons-.
Average per car
tons..
r
3
4

l
2
Revised.
See note "O" for p. S-21.
Preliminary estimate of production.
Beginning Jan. 1965, data exclude exports of incomplete (unassembled) vehicles.
See note " §."
s Annual total includes revisions not distributed by months,
t Monthly revisions for 1963-65 are available upon request.
9 Total includes backlog for nonrelated products and services and basic research.
©Data include military-type planes shipped to foreign governments.




*New series. Monthly data prior to 1965 are available upon request.
OCourtesy of R. L. Polk & Co.; republication prohibited.
.
§ Excludes railroad-owned private refrigerator cars and private line cars. Effective Apr.
1966, data include cars owned by three class II roads (over 2,600 cars end of Apr. 1966). Also,
change in definition of class I railroads, as stated in 1965 BUSINESS STATISTICS note, is reflected
in figures beginning Dec. 1965, instead of Jan. 1965.

INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate
Domestic trade

1-7
7,8
9,10
10-12

Employment and population
Finance
Foreign trade of the United States
Transportation and communications

12-16
16-21
21-23
23,24

Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products

25
26
26-30
30, 31

Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products

31
32-34
35,36
36,37

Rubber and rubber products
Stone, clay, and glass products
Textile products
Transportation equipment

37
38
38-40
40

INDIVIDUAL SERIES
Advertising
30,11,16
Aerospace vehicles
40
Agricultural loans
16
Air carrier operations
23
Aircraft and parts
3, 6,13-15,40
Alcohol, denatured and ethyl
25
Alcoholic beverages
8,10,26
Aluminum
23,33
Apparel
1,3,4,7,8,10-15,40
Asphalt and tar products
35,36
Automobiles, etc
1, 3-8,10,11,13-15,19,22,40
Balance of international payments
2
Banking
16,17
Barley
27
Battery shipments
34
Beef and veal
28
Beverages
4,8,10, 22, 23, 26
Blast furnaces, steel works, etc
5,6,13-15
Bonds, outstanding, issued, prices, sales, yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials
5,
6,8,10,31,36,38
Building costs
9,10
Building permits
9
Business incorporations (new), failures
7
Business sales and inventories
4,5
Butter
27
Cans (tinplate)
33
Carloadings
24
Cattle and calves
28
Cement and concrete products
8-10,38
Cereal and bakery products
8
Chain-store sales, firms with 11 or more stores. . .
12
Cheese
27
Chemicals
4-6,8,13-15,19,22, 23, 25
Cigarettes and cigars
8, 30
Civilian employees, Federal
14
Clay products
8, 38
Coal
4,8,13-15,22,24,35
Cocoa
23,29
Coffee
23,29
Coke
24,35
Communications
2,13-15,20,24
Confectionery, sales
29
Construction:
Contracts
9
Costs
9,10
Employment hours, earnings, wages
13-16
Fixed investment, structures
1
Highways and roads
9,10
Housing starts
9
New construction put in place
9
Consumer credit
17,18
Consumer expenditures
1
Consumer goods output, index
3, 4
Consumer price index
7
Copper
23,33
Corn
27
Cost of living (see Consumer price index)
7
Cotton, raw and manufactures
7,8,22,38,39
Cottonseed cake and meal and oil
30
Credit, short- and intermediate-term
17,18
Crops
3,7,27,28,30,38
Crude oil and natural gas
4,13-15,35
Currency in circulation
19
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend payments, rates, and yields
Drug stores, sales




3,7, 8,27
16
18
11,12,17
16,17,19
16
26
2, 3,18-21
11,12

Earnings, weekly and hourly
14-16
Eating and drinking places
11,12
Eggs and poultry
3,7,29
Electric power
4,8,26
Electrical machinery and equipment
3,
5,6,8,13-15,19,22,34
Employment estimates
12-14
Employment Service activities
16
Expenditures, U.S. Government
18
Explosives
25
Exports (see also individual commodities).... 1,2,21-23
Express operations
23
Failures, industrial and commercial
7
Fans and blowers
34
Farm income, marketings, and prices
2,3,7
Farm wages
16
Fats and oils
8,22,29,30
Federal Government
finance
18
Federal Reserve banks, condition of
16
Federal Reserve member banks
17
Fertilizers
8,25
Fire losses
10
Fish oils and
fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products
1,4-8,10,11,13-15,19,22,23,27-30
Foreclosures, real estate
10
Foreign trade (see also individual commod.)
21-23
Foundry equipment
34
Freight carloadings
24
Freight cars (equipment)
4,40
Fruits and vegetables
7,8,22
Fuel oil
35,36
Fuels
4, 7,8,22,23, 35,36
Furnaces
34
Furniture
3,4,8,11-15,17
Furs
23
Gas, output, prices, sales, revenues
Gasoline
Glass and products
Glycerin
Gold
Grains and products
Grocery stores
Gross national product
Gross private domestic investment
Gypsum and products

4,8,26
1, 35,36
38
25
19
7,8,22,24,27,28
11,12
1
1
8,38

Hardware stores
11
Heating equipment
8,34
Hides and skins
8, 30
Highways and roads. . .•
9,10
Hogs
28
Home electronic equipment
8
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
Hotels
14,15,24
Hours of work per week
14
Housefurnishings
1,4,7,8,10-12
Household appliances and radios
4,8,11,34
Housing starts and permits
9
Imports (see also individual commodities)
1,22,23
Income, personal
2, 3
Income and employment tax receipts
18
Industrial production indexes:
By industry
3,4
By market grouping
3,4
Installment credit
12,17,18
Installment sales, department stores
12
Instruments and related products
3, 5,13-15
Insurance, life
18,19
Interest and money rates
17
Inventories, manufacturers' and trade
4-6,11,12
Inventory-sales ratios
5
Iron and steel
3, 5,6,8,10,13-15,19,22, 23,32,33
Labor advertising index, disputes, turnover
16
Labor force
12
Lamb and mutton
28
Lard
28
Lead
33
Leather and products
3,8,13-15, 30,31
Life insurance
18,19
Linseed oil
30
Livestock
3,7,8,24,28
Loans, real estate, agricultural, bank, brokers*
(see also Consumer credit)
10,16,17,20
Lubricants
35,36
Lumber and products
3,8,10-15,19,31
Machine tools
34
Machinery
3, 5,6,8,13-15,19,22,34
Mail order houses, sales
11
Manmade fibers and manufactures
8,39
Manufacturers' sales (or shipments), inventories,
orders
4-6
Manufacturing employment, production workers,
payrolls, hours, earnings
13-15
Manufacturing production indexes
3,4
Margarine
29
Meat animals and meats
3,7,8,22, 23,28
Medical and personal care
7
Metals
3-6,8,13-15,19,22,23,32-34
Milk
27
Mining and minerals
2-4,8,13-15,19,20
Monetary statistics
19
Money supply
19
Mortgage applications, loans, rates
10,16,17
Motor carriers
23,24
Motor vehicles
1,3-8,10,11,13-15,19,22,40
Motors and generators
34

National defense expenditures
1,18
National income and product
1,2
National parks, visits
24
Newsprint
23,37
New York Stock Exchange, selected data
20,21
Nonferrous metals
3,8,19, 22,23,33, 34
Noninstallment credit
17,18
Oats
Oil burners
Oils and fats
Orders, new and unfilled, manufactures'
Ordnance
Paint and paint materials
Panama Canal traffic
Paper and products and pulp

27
34
8,22,29,30
6
13-15
8,25
24
3,

5,6,8,13-15,19,23,36,37

Parity ratio
7
Passports issued
24
Payrolls, indexes
14
Personal consumption expenditures
1
Personal income
2, 3
Personal outlays
2
Petroleum and products
4-6,
8,11,13-15,19,22,23,35,36
Pig iron
32
Plant and equipment expenditures
2,20
Plastics and resin materials
25
Population
12
Pork
28
Postal savings
17
Poultry and eggs
3,7,29
Prices (see also individual commodities)
7,8
Printing and publishing
4,13-15
Profits, corporate
2,19
Public utilities
2-4,7-9,13-15,19-21
Pullman Company
24
Pulp and pulpwood
36
Purchasing power of the dollar
8
Radiators and convectors
34
Radio and television
4,10, 11,34
Railroads
2,13,14,16,20,21, 24,40
Railways (local) and bus lines
13- -15,23
39
Rayon and acetate
Real estate
10, 17,18
18
Receipts, U.S. Government
Recreation
7
34
Refrigerators and home freezers
Rent (housing)
7
Retail trade
4, 5,7,11-15, 17,18
Rice
27
Roofing and siding, asphalt
36
Rubber and products (incl, plastics).
4-6,
8,13-15, 23,37
Saving, personal.
Savings deposits
Securities issued
Security markets
Services
Sheep and lambs
Shoes and other footwear
Silver
Soybean cake and meal and oil
Spindle activity, cotton
Steel (raw) and steel manufactures
Steel scrap
Stock prices, earnings, sales, etc
Stone, clay, glass products
Stoves and ranges
Sugar
Sulfur
Sulfuric acid
Superphosphate

2
17
19,20
20,21
1, 7, 13-15
28
8,11, 12,31
19
30
39
32,33
32
20,21
3-5,8,13-15, 19,38
34
23,29
25
25
25

29
Tea imports
Telephone, telegraph, cable, and radiotelegraj
carriers
13-15,24
Television and radio
4,10,11, 34
Textiles and products. . 3, 5,6,8,13-15,19,22, 23,38-40
Tin
23, 33
Tires and inner tubes
8,11,12,37
Tobacco and manufactures
4-8,10,13-15,30
Tractors
22, 34
Trade (retail and wholesale)
4, 5,11,12
Transit lines, local
14,15,23
Transportation
1,2,7,13-15,23,24
Transportation equipment
3-6,13-15,19,40
Travel
23,24
Truck trailers
40
Trucks (industrial and other)
34,40

Unemployment and insurance
U.S. Government bonds
U.S. Government
Utilities
Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Veterans' benefits

12,16
16-18,20
finance
18
2-4,9,13-15,19-21,26
34
11,12
30
7,8,22
16,18

2, 3,14-16
Wages and salaries
34
Washers and driers
34
Water heaters
24
Waterway traffic
28
Wheat and wheat flour
8
Wholesale price indexes.
Wholesale trade.". . '.".~'~. . . . '. '. '. . '.'.'. '. . . . . '. . 4,5,7,13-15
Wood pulp
36
Wool and wool manufactures
7,8,23,39
Zinc.

33,34

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Sfill AvaitabEe
THE NATIONAL INCOME AND
PRODUCT ACCOUNTS OF THE
UNITED STATES, 1929-1965
Statistical Tables

THIS VOLUME contains the complete set of national income and
product tables that resulted from the comprehensive benchmark
revisions connected with the incorporation of the 1958 economic
censuses into the national income and product estimates. Summary
results of these revisions, with explanations, were first published in
the August 1965 Survey of Current Business.
In the present report, previously published statistics for 1963,
1964, and 1965 have been updated to take into account the annual
revisions of the estimates that are customarily made in the July issue
of the Survey.
81 TABLES—ANNUAL, QUARTERLY, MONTHLY—COVERING 165 PAGES.

Price, $1.00 Orders may be placed with the
Superintendent of Documents, U.S. Govern"
ment Printing Office, Washington, D.C.
20402, or with any Field Office of the
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