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MAY 1970 / VOLUME 50 NUMBER
5
SURVEY OF
CURRENT BUSINESS
MAY 1970 / VOLUME 50 NUMBER
SURVEY OF CURRENT BUSINESS
CONTENTS
THE BUSINESS SITUATION
U.S. Department of Commerce
Summary
1
Recent Trends in Auto Demand
3
Recent Financial Developments
4
National Income and Product tables
9
Treatment of the Retroactive Federal Pay Raise
and the Special Drawing Rights in the National Accounts
13
George Jaszi / Director
Public and Private Debt
14
Morris R. Goldman / Associate Director
Maurice H. Stans / Secretary
Rocco C. Siciliano / Under Secretary
Harold C. Passer / Assistant Secretary
for Economic Affairs
Office of Business Economics
Lora S. Collins / Editor
ARTICLES
Leo V. Barry, Jr. / Statistics Editor
Wages Under Collective Bargaining in 1970
15
The Relationship Between Personal Income
and Taxable Income
19
Personnel Income in Metropolitan and
Nonmetropolitan Areas
22
Billy Jo Hurley / Graphics
STAFF CONTRIBUTORS TO THIS ISSUE
Business Review and Features:
Donald A. King
Esther G. Kittner
John A. Gorman
Articles:
Rose N. Zeisel
John A. Gorman
Regional Economics Division Staff
CURRENT BUSINESS STATISTICS
General
Industry
S1-S24
S24-S40
Subject Index (Inside Back Cover)
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the BUSINESS SITUATION
Most of the evidence now available
indicates continued sluggishness of economic activity in April. Production
slipped, housing starts declined but
permits rose, nonfarm employment
was little changed, and unemployment moved higher. Although
total personal income posted a record
advance—due to increased social security benefits and the pay raise for Federal
Government employees—private payrolls recorded their first decline in over 5
years. A somewhat encouraging note
was provided by the wholesale price
index, which was unchanged in April
after having shown some deceleration in
February and March.
J- HE available indicators reflect continued sluggishness of economic activity
in April. Industrial production slipped,
housing starts declined but permits rose,
nonfarm employment waslittle changed,
and unemployment moved higher. Although total personal income posted a
record advance—due to increased social
security benefits and the pay raise for
Federal employees—private payrolls
declined. There was also a worsening
during the month in financial conditions,
as interest rates turned higher and
stock prices plunged. On the stronger
side, a reading of the weekly retail sales
figures suggests a fairly good-sized gain
in April.
A somewhat encouraging note was
provided by the wholesale price index,
which was unchanged in April after
having shown some deceleration in
February and March. Although the
latest improvement in wholesale price
behavior was due entirely to a decline
in farm prices—which generally reflect supply influences—the fact re
mains
that for the first time in 18
months the overall wholesale index did
not record even a modest advance.
Production down slightly
The Federal Reserve Index of industrial production dropped a bit in April,
about offsetting the small advance recorded in March. The decline amounted
to less than one-half of 1 percent, and
was centered in durable goods output.
The weakness in durables was mainly
attributable to contraction in the output of machinery, both electrical and
nonelectrical. There was little change
in the output of autos or steel. April
was the third consecutive month in
which a mixed pattern of generally small
changes held overall output virtually
stable, in contrast to the rather sharp
and steady contraction that had pre-
CHART 1
Durable Goods Orders and Shipments
The recent weakness in demand has resulted in widespread declines in new and unfilled orders
Billion $
Billion $
40
100
TOTAL DURABLE
35
90
Wed Orders
{right scale)
30
80
25
Shipments
<feftsGale>
.New Orders
(left scale)
1966
i t i I I i r
67
68
I 25
DEFENSE*
(New Series)
69
70
70
10
10
PRIMARY METALS
20
8
15
6
10
30
i i i I i i i I i i
MACHINERY AND EQUIPMENT
25
l
I I I I I
I0
2.5
2.5
HOUSEHOLD DURABLE
1966
67
68
69
20
2.0
15
1.5
70
2.0
1.5
1966
67
68
69
70
Seasonally Adjusted
Note.—Sales and new orders are quarterly averages; unfilled orders are end of quarter.
*New series, 1st quarter 1968 is average of February and March.
U.S. Department of Commerce, Office of Business Economics
Data: Census
70-5-1
SUEVEY OF CUERENT BUSINESS
vailed in the 6 months ending in
January.
Employment and income in April
The unemployment rate rose sharply
from 4.4 percent in March to 4.8 percent in April, reaching the highest level
in 5 years. The bulk of the April rise in
unemployment was among male fulltime workers. The rate for teenagers
and nonwhites increased significantly,
but these groups account for a rather
small share of the labor force. The
civilian labor force, seasonally adjusted,
showed a small increase while there was
a rather sizable employment decline in
nonagricultural industries. Eelative to
the levels at yearend, the labor force
has grown substantially while employment has changed little; consequently,
unemployment has moved up sharply,
with the overall unemployment rate
posting uninterrupted advances from
last December's 3.5 percent. As may be
seen from the table below, the rise in
the unemployment rate has been pronounced for all the major labor force
categories.
Unemployment Rates
[Percent, seasonally adjusted]
1969
19 70
Dec. Mar. Apr.
Major categories:
Total
Adult men
Married men
Adult women
Teenagers
White
Nonwhite
Reason for unemployment:
Lost last job
Left last job
Reentered labor force
Never worked before
3.5
4.4
4.8
2.2
1.7
3.5
11.8
3.2
5.7
2.9
2.2
4.5
13.9
4.1
7.1
32
2.4
44
15.7
4 3
8.7
1.4
.6
1.1
.5
1.8
.6
1.5
.6
19
.7
1.5
.7
Source: Bureau of Labor Statistics.
Nonagricultural payroll employment
fell slightly last month, on a seasonally
adjusted basis, with the decline largely
associated with strikes in the construction and transportation industries. Continuing the pattern that has prevailed
since last September, there was a
rather sharp drop in employment in
manufacturing, especially in the durable goods industries, which was
about offset by gains in government
and the service-type industries. Last
month's sizable advance in government
employment largely reflected additional
Federal hiring of temporary Census
workers.
The general weakness in labor markets last month was reflected in a drop
of about $!}£ billion, at an annual
rate, in private sector payrolls. Wages
and salaries were down in the commodity producing and the distributive
industries, and about unchanged in
the service industries. Half of the
private sector decline was in manufacturing, where reductions in employment and hours more than offset the
rise in hourly earnings. Government
wages and salaries were sharply higher,
bolstered in part by increased employment but mainly by the Federal pay
raise. Government payrolls rose $6%
billion at a seasonally adjusted annual
rate, of which $3% billion represented
a one-time payment covering about
half of the retroactive portion of the
pay raise; the remainder of the retroactive payment will be in the personal
income figures for May.
The nonwage components of personal
income recorded generally small and
offsetting changes in April, with the
exception of transfer payments. These
were boosted $12% billion, at an annual
rate, by the increase in social security
payments. Of that amount, $8% billion
represented the lump-sum payment for
the portion of the benefit increase that
was retroactive to January 1.
Total personal income rose at a
seasonally adjusted annual rate of
$17% billion in April, of which $12
billion represented lump-sum retroactive payments. Since these payments
are not recurring, there will be a
matching decline in the personal income
figures from this source for May
and June. Nevertheless, the lump-sum
payments, as well as the ongoing higher
rates of pay for Federal employees and
higher benefits to social security recipients—which added $6% billion to
personal income in April—should serve
as a prop to consumer spending, foreshadowing some strengthening of this
important component of final demand
in the months immediately ahead.
May 1970
Orders for durable goods decline
One area where the recent deceleration
in economic activity has registered a
significant impact is in the volume of
new and unfilled orders for durable
goods (chart 1): New orders dropped
slightly in the closing quarter of last
year, and then sharply in the opening
quarter of this year, reaching a point 7
percent below last summer's peak.
The first quarter decline in new orders
was steeper than that in shipments
and the order backlog fell 3% percent.
The orders decline has been especially
pronounced for defense products and
primary metals, but it has affected other
major industry groups, as shown on
chart 1, as well as the aggregate of the
durable goods industries not shown
separately.
Revised first quarter GNP
On the basis of information that
was not available a month ago the
Nation's output of goods and services
is now estimated to have increased
$7% billion in the first quarter to an
annual rate of $959 K billion. Last
month's preliminary estimate reported
an increase of $8% billion.
Inventory investment, which is calculated in the preliminary figures on the
basis of data for only 2 months, is now
estimated to have declined $7 billion
rather than the $5 billion previously
reported. In major part, the revision
was due to the fact that inventory
accumulation by manufacturing and
trade firms in March was far less than
expected. These inventories had increased nearly $1 billion, seasonally
adjusted, in February but rose only
$150 million in March.
The revisions in the major components of final sales were generally
smaller. However, Federal Government
purchases have been increased about
$2 billion to reflect the retroactive part
of the pay raise. Although the retroactive payment is treated as a government purchase in the first quarter,
and thus as part of current dollar GNP
for that quarter, constant dollar GNP is
not affected because the higher pay scale
is an increase in the price the Government pays for the services of its em-
May 1970
ployees. (For an explanation of the
treatment of the pay raise in the national income and product accounts,
see page 13 of this issue of the SURVEY.)
As a result of the revisions, constant
(1958) dollar GNP in the first quarter
is now estimated to have declined $5%
billion, or 3 percent at an annual rate,
instead of the $3 billion decline reported
earlier. The implicit price deflator for
the first quarter has been raised largely
as a result of including the retroactive
part of the Federal pay raise in Federal
purchases in the quarter. Even excluding the pay raise, however, there was a
slight upward revision in the deflator
for the first quarter.
First Quarter Profits
The deceleration in economic activity
in the first quarter was reflected in a
drop in the real output of the corporate
sector. Moreover, the weakness in
demand forced corporations to absorb a
large part of increased production
costs, and profit margins, i.e., profit
per unit of output, declined. With both
volume and margins contracting, corporate profits recorded a sharp drop.
Nonfinancial corporations accounted
for all of the decline, with profits down
sharply in durable goods manufacturing; profits of financial institutions
were unchanged.
Before-tax profits, as measured for
national income purposes, fell to a
seasonally adjusted annual rate of
$79% billion, down $6 billion from the
fourth quarter and nearly $11^ billion
below the peak reached in the summer
of 1968. This was the sixth consecutive
quarterly decline in this profits measure—which is net of an inventory
valuation adjustment (IVA) that eliminates the book profits or losses resulting
from differences between the acquisition cost of goods taken out of inventory and their replacement cost. In
relative terms, the first quarter decline
amounted to 7 percent, the steepest
since the summer of 1959.
Before-tax book profits—which include inventory profits and losses—
fell slightly more than the national
income measure. The $6% billion de
SUEVEY OF CUEEENT BUSINESS
cline, to a seasonally adjusted annual quarter, the major factor in the decline
rate of $85 billion, put book profits of their profits was a further shrinkage
$10}£ billion below the peak reached in in profit margins.
The price per unit of output—which
the first two quarters of 1969.
is
the
sum of unit cost and unit profit—
The impact on after-tax profits was
rose
1%
percent in the first quarter, a
partially cushioned by the net effect of
further
acceleration
as compared with
the various provisions of the Tax Eelast
year
(chart
2).
Unit
cost, however,
form Act of 1969—including the
was
up
nearly
2%
percent
as the result
reduction of the tax surcharge. Profits
of
a
2%
percent
rise
in
unit
labor cost
after tax were down $3 billion to an
and
a
3
percent
rise
in
unit
nonlabor
annual rate of $46 billion. With dividend payments maintained at the cost (mainly capital consumption allowfourth quarter rate, all of the decline ances, interest, and indirect business
in after-tax profits was reflected in taxes). The amount of nonlabor cost is
largely fixed in the shortrun, and thus
lower undistributed profits.
unit nonlabor cost tends to rise sharply
Profit margins cut further
when output contracts.
Although the real output of nonThe difference between the rise in
financial corporations fell about 5 per- the price per unit of corporate output
cent at an annual rate in the first and the rise in unit cost resulted in a
reduction in the profit margin: Profit
per unit fell 7 percent in the first quarCHART 2
ter—the sixth consecutive decline—and
Corporate Sector: Prices, Costs and Profits stood 17K percent below the recent
high in the summer of 1968.
During the past year and a half, the increase in price
per unit of corporate output has accelerated
Dollars (ratio scale)
1.4
-
1.2
1.0
However, unit labor and nonlabor costs have risen
even more sharply, and profit per unit has declined
Labor Cost
\
S
Nonlabor Cost
\
Profit
1957
59
61
63
65
67
69
Seasonally Adjusted
Note.—Values plotted are calculated by dividing current dollar corporate product
(total and its components) by real corporate product; nonfinancial
corporations only.
U.S. Department of Commerce, Office of Business Economics
70-5-2
Recent Trends in Auto
Demand
Sales of domestic new cars in the first
quarter were at the lowest rate of any
nonstrike quarter since the economic
slowdown in early 1967. At a seasonally
adjusted annual rate of 7% million units,
sales were down 11 percent from the
third quarter of 1969, and one-sixth
below the recent peak of 9 million in
the third quarter of 1968.
The sharp decline since last summer
was accompanied by an even larger
reduction in output, as producers attempted to bring dealers' inventories
into better balance with the weakened
demand. Assemblies of passenger cars
fell to a seasonally adjusted annual rate
of 6% million units in the first 3 months
of 1970, down from about 9 million last
summer. Except for the strike quarter
of 1964 and the first quarter of 1967,
output was far below any quarter since
the early 1960's.
The effort to reduce inventories has
been only partially successful. While
franchisee! dealers' stocks were down to
1.4 million units (seasonally adjusted)
at the end of March, from a peak of
1.65 million units at the end of last
October, they have remained quite
SUEVEY OF CUEKENT BUSINESS
high relative to sales. Stocks at the end
of March were equal to 2.3 months of
sales, about the same as in the fourth
quarter of 1969.
Sales by price line
Total new car sales have been on a
down trend since the third quarter of
1968 but, during this period, there have
been significant differences in sales
patterns by price lines. As can be seen
in chart 3, sales of both low priced
domestic cars and imports—which are
predominantly low priced—have continued to grow at a substantial pace.
Through las't summer, the decline in
total sales was entirely attributable to
medium priced cars; since then, the
CHART 3
New Car Sales
Sales of medium and high priced domestic cars have
been weaker than those of low priced cars
and imports
Million Units (ratio scale)
Domestic and Imports, Total
X
WAV
/N.
Xy
Domestic, \
v
T
°tal
M,Medium
Priced
s
S
1.4
1.2
1.0
.8
Table 1.—Retail New Car Sales: Percentage
Distribution by Price Line and Origin
Total
domestictype cars
and
imports
1964
1965
1966
1967
1968
100
100
100
100
100
Domestic-type cars l
High
priced
4
4
4
5
4
Medium
priced
Imports 2
Low
priced
73
78
80
79
78
16
11
9
7
7
6
6
7
9
11
(Seasonally adjusted)
1969-1
II
III
IV
100
100
100
100
5
4
5
5
78
74
73
70
8
10
11
12
10
13
12
13
Year
100
5
73
10
12
1970-1
100
4
69
14
13
1. High priced cars include: Cadillac, Eldorado, Toronado,
Riviera, Thunderbird, Lincoln, Mark III, and Imperial.
Low priced cars include: Chevy II (Nova), Corvair,
Comet (1964 and 1965), Falcon, Maverick (beginning April
1969), Valiant, Dart, and Rambler American (Hornet).
All other domestic-type cars are classified as medium
priced.
2. Imports exclude domestic-type cars built in and imported from Canada; these are included in domestic-type
new car sales.
NOTE: Percentages may not add to 100 because of
rounding.
continuing weakness in the medium
priced segment has been augmented
by a shrinkage in sales of high priced
cars.1 In the first quarter of 1970, sales
of medium priced and high priced cars
were lower than for any nonstrike
quarter since the mid-1960's; sales of
low priced cars and imports were at
near-record rates.
As can be seen in the chart and in
table 1, sales of low priced domestic
cars2 have been growing rapidly for
almost 3 years. For imports, the strong
growth trend dates back even farther.
The growing demand for small cars is
being accompanied by a proliferation
of new domestic sub-compacts. Sales of
low priced domestic cars accelerated
significantly starting in the second quar-
May 1970
ter of 1969 when the Ford Maverick
was introduced; even if the Maverick
were excluded, however, the performance of the low priced cars would still
be quite strong. In April of this year,
American Motors introduced the Gremlin; later this year, Ford plans to
introduce a Pinto and a Comet, and
General Motors its Vega 2300; Chrysler
has a new small car scheduled for 1971.
Recent Financial
Developments
The course of interest rates and bond
yields has been twice reversed since the
beginning of 1970. After reaching historic highs around the turn of the year,
borrowing costs, especially in shortterm markets, declined through March.
By mid-April, however, interest rates
had turned up again and were generally
rising in early May.
(Continued on page 17)
CHART 4
Interest Rates and Bond Yields
Percent
10
INTEREST RATES
8 -
Prime Commercial Paper
(4-6 Months)
6 -
.7
BOND YIELDS
Low Priced
.6
I
.25
1964
65
I
66
I
67
68
Seasonally Adjusted at Annual Rates
Note.-See footnotes to table 1.
U.S. Department of Commerce, Office of Business Economics
69
70
1. The classification of cars by price-line is necessarily
arbitrary. The available data do not separate car sales by
price within a nameplate, and the classification used here
assigns all sales under a given nameplate to one of the three
price lines (see footnote 1, table 1). The 1970 list prices of cars
classified here as "low priced" are mostly under $2,500
(exclusive of optional equipment) but range up to $2,800.
For "high priced" cars, list prices are $4,850 or higher.
2. The price-line categories make no allowance for optional
equipment. The prices actually paid for some fully equipped
"low priced" cars can be in excess of some "medium priced"
cars not so fully equipped. While low priced car sales have
recently been growing rapidly relative to other categories,
buyers have continued to increase their purchasing of extra
equipment, such as airconditioning, vinyl tops, etc. The
present analysis, therefore, may not be fully representative
of differences in sales movements of cars classified by actual
prices paid.
Corporate (Moody's Baa)
8 -
6 -
\
State and Local
(Bond Buyer)
2
j
1 1 1 1 1 1 1 H n I M I I 1 1 1 1 1 1 I I I 1 1 1 1 1 1 I M 1 I 1 1 1 11 I 11 I 1 1 1 1 I I 1 1 1 1 I
1966
1967
1968
1969
1970
* Last data plotted are weekly figures for early May.
Data: FRB, Moody's, Bond Buyers & Treasury
U.S. Department of Commerce, Office of Business Economics
70-5-4
SUKVEY OF CURRENT BUSINESS
May 1970
5
• First quarter decline in real GNP now estimated at 3 percent at an annual rate
• In April: Unemployment rate jumped to 4.8 percent, the highest in 5 years
Wholesale prices held steady for the first time in a year and a half
•
TOTAL PRODUCTION
THE LABOR MARKET
Billion $
—
^x"?f
Total v
81
900
Y
79
""*..
Inventory Change
i
i
7/
i
i
i
i
i
i
i
Quarterly (l)
75
/
^/~* — '
f /-v""
Billion $
/i t i t i 1 i i i t t
MM.lM.I
iIllilil
1
3
" ^ T o b J
^
• ••
III.
Illii
2
1 11 1111 11 11
_
Total
^***~ p^^^—""* ?**
^^**^.*»»»—»^s
Inventory Change
72
68
I
I
E
i
i
Quarterly (l)
1 M M 1 11 M 1
i
60
""*
•— «**
1 11I1 1 1 1 1 t t
1
140
—-
Man-Hours*
(right scale)
1 ! M 1 i 1 1 It
- 130
M t 1 11 11i t
1 20
105
1 00
1
-4
|
'
1969
1970 QBE
3.40
37.5
2.80
100
2.60
90
Quarterly (l)
* * Seasonally Adjusted at Annual Rates
Digitized for
U.S. FRASER
Department of Commerce, Office of Business
Economics
Average Weekly Hours*
(left scale)
1 1 1 1 1 1 1 1 1 1 1 i j 1 1 1 i j i i 1 1t 1 1 i i 1 1 M i i
Monthly (Apr.)
1
1 i
M 111 11 1t
BLS
BLS
_
AF
—
Processed Foods **^+s»^
and Feeds \^/
.
^^
1970
1 t t 1 111 t
1957-59=100
110
1969
1t 1 ! t 1
130
- 3.00
1968
1 t I.I
WHOLESALE PRICES
j**
~~
-
Monthly (Apr.)
40.0
35.0
j/^
Industrial Commodities
-
BLS
Dollars
~
***+**&*
yp
X
~
Total ^ ^^
HO
120
•1 •
BLS
j^r~.»
Average Hourly Earnings ^+ *,
(right scale) x /
III ,
I t 1 i II i 1
lit
1957-59=100
3.20
42.5
1 i t 1 1
Monthly (Mar.)
PRODUCTION OR NONSUPERVISORY WORKERS
(PRIVATE)
"""
M t 1 J t I I1 M
•*•*"•
"' ^^"^
CONSTANT DOLLAR (1958) GNP**
(Change From Previous Quarter)
n
115
WHOLESALE PRICES
Monthly (Apr.)
Hours
•
Retail Food*
115
^
QBE
45.0
lln
~sftS*
BLS
Billions
Employment'
(left scale)
s
Percent
* Seasonally Adjusted
i i i 1 11 1111i
120
1,
64
12
1968
/
^^^mm* ***
650 -
0
~
120
Final ^aloc
rlllal
Odlco
4
125
NONFARM ESTABLISHMENTS
(Employees)
1
8
Married Men
Monthly (Apr.)
QBE
CONSTANT DOLLAR (1958) GNP**
1
^< /
^^/^ /"*
V
1
Quarterly (l)
1
Total
vJ
x-p7
76
1
/
130
/
_
Million Persons
600
CONSUMER PRICES
/
~*
Billion $
700
QBE
135
800
750
•• •• •• •
1957-59=100
UNEMPLOYMENT RATE*
4
•Mill 1
I
l
l
l
1
mill i
-
Quarterly (1)
Percent
VV^
^ \ **s^*
0
0
BLS
5
30
10
M M 11t i M
Monthly (Apr.)
CURRENT DOLLAR GNP**
(Change From Previous Quarter)
20
2
_
•I I I I I •
QBE
40
-
•
4
^ '*
'r/^
77
6 -
-
r
Employment x^
- /s
r* \
Final Sales
800
«
IMPLICIT PRICE DEFLATOR FOR GNP**
(Change From Previous Quarter)
CIVILIAN LABOR FORCE AND
i**
EMPLOYMENT*
-~s
Labor Force
V>H
>
a
t~
CURRENT DOLLAR GNP**
850
Percent
83
1,000
950
PRICES
Million Persons
^.-t ^ yV
t M1 f i i t M l
1968
—'
^.« '\
parm products
II t i i
II
11
1969
Monthly (Apr.)
1 1 1 1 i 1 1 11 I1
1970
BLS
6
SURVEY OF CURRENT BUSINESS
•
•
•
May mo
In April: Personal income rose almost $18 billion, reflecting the Federal pay raise and higher social security payments
New car sales up 1/2 million units from the low March rate
Private housing starts rose just over 6 percent in March, but permits dropped about 2 percent
INCOME OF PERSONS
CONSUMPTION AND SAVING
Billion $
850
FIXED INVESTMENT
Billion $
Billion $
650
100
PERSONAL CONSUMPTION EXPENDITURES**
PERSONAL INCOME**
Producers' Durable Equipment**
750
75
_\._
-
50
"" Nonresidential SI ructures**
-
25
600
800
-
'.. ; ; y^\
^^
s\
jr
700
/^
^
550
-
500
iiiiniir*! ji-tTiH"**::,......^'
-
s^
650
f H I J 1i r i t i i Mi i 1 i i Mi
1 M
1 1 1 1 1 1 1 1
t
450
i
i
Billion $
35
t
1
1
-
-x*"^ *~"~~~ *****" *\t
30
*
200
150
^*-
—
,,-
. -*—
-
25
t 1 1 1 1 1 1 I 1 I, i
100
80
^ \"
^^
70
-
1 1 1 1 1 ! 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 f i 1 1 1 i t
Monthly (Mar.)
60
Census
Billion $
8
NEW CAR SALES**
^
/v/x
r
^
- ^^l
-
8
^
6
550
I
1
4
1
Quarterly (1)
Dollars
i t t M1 M Mi
i
i
i . i
i
OBE-SEC
New Orders
t\
A
w
^'v' \ .
w w
Imports
(right scale)
6
i 1111i 11ii
Monthly (Apr.)
_ J ^Shipments
\
*»...»•*•*
I 1 1 1 I1 M 1 1
2
5
0
4
1 1 1 1 1 1 1 1 1 11
Trade Sources & QBE
i i f M1 I i i i I
I 1i f 1 1 i M 1 1
Monthly (Mar.)
Census
Million Units
Percent
\i
2,700
2,600
7
^— V-. .—»«•
QBE
i
MACHINERY AND EQUIPMENT*
(Manufacturing Firms)
.
Domestic
(left scale)
10
• Estimated
Quarterly (II )
V2.
DISPOSABLE PERSONAL INCOME
I
t
.
-
^\
f^
^^^
l i
1 ~
s
J/
Million Units
I I I
QBE
^
Excluding Automotive Group
.
QBE
650
i
s^
-
20
15
i
-
Billion $
I I I
i
1
..
700
son
i
90
\
Monthly (Apr.)
600
f
Quarterly (1)
^
-
Manufacturing
(right scale)
1 >i M 1 t ) t t 1
i
PLANT AND EQUIPMENT
EXPENDITURES**
Total
^-tj
i
Billion $
s~^~*^
Total
^*<*'
(left scale)
s**^
\^^
i
0
QBE
RETAIL STORE SALES*
—
f 1 1 l.t 1 1 1 t I t
i
100
WAGES AND SALARIES**
400
1
Quarterly (1)
Billion $
450
\
QBE
600
500
—
/
Residential Structures**
Monthly (Apr.)
550
-
PRIVATE HOUSING**
PERSONAL SAVING RATE*
REAL PER CAPITA DISPOSABLE
PERSONAL INCOME**
-(In 1958 Dollars)
10
-
-
_
2.0
L , Starts
A
^^-
8
2,500
_
_
^—
-
2,400
2,300
i
i
1968
* Seasonally Adjusted
i
i
t
i
1969
i
1
1
1970
Quarterly (1)
QBE
* * Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics
\y\
6
4
i i i
1968
r~
M
it i i
1969
Quarterly (1)
1.5
fX_^
**•
1.0
1
1
f
.5
1970
A
-vCS
Permits
i i i i Iti ii ii
1968
QBE
XVN>^s
1 1 1 1 111 1 1 { t
1969
Monthly (Mar.)
f
1 t I 1 11 1 11 M
1970
Census
7
SURVEY OF CURRENT BUSINESS
£ay 1970
|
CHART 7
> Manufacturing and trade inventorie s posted <i very small increase in March
I
> The March trade surplus was trim Tied to $1135 million, with exports off 7 percent and importts off only 1 percent
4»
First quarter balance of payments showed a sharp deterioration on both the liquid! ty and off!cial reserve bases
4
FOREIGN TRANSACTIONS
INVENTORIES
Billi(>n $
Billi on $
40
12
GOVERNMENT
Billion
$
140
NET EXPORTS**
CHANGE IN BUSINESS INVENTORIE$**
(GNP Basis)
FEDERAL PUR®IASES OF
GOODS AND SEIWICES**
120
8
30
Total
Goods and Services
T(k
4
20
._ 1,
1 I.L
100
Defense
10
.III nil
0
1
Quarterly (I)
80
0
Merchandise
.'
t
-4
'
i
i
i
t
t
f
Quarterly (1)
QBE
Billio n $
Billio n $
Bill on $
4.0
4
Total
Exports
A
3
3.0
2
150
2.5
1
Shipments
1 1 1 M 1 M 1 M
j t M I i M M L 1 M M I I M 11
Monthly (Mar.)
2.0
1 1 1 1 1 1 1 1 1 M i*
Census & QBE
Billio n $
Bil ion $
4
Manufacturing
|MI
! 1 1 M 1 1 1 1 M
0
\
Ax
M M i t i 1 1 11
-4
Receipt!
\
y*^~~^<
/
i
i
i
t
1
}
1
1
t
Quarterly (IV)
Bil ion $
Billior
175
BALANCE OF PAYMENTS*
^VW
f
0
*+S
i
i
i
i
l
QBE
$
-
150
A/A A
^
- Total Manufactiiring and Trade
i i i M I |i { nM
1968
i
STATE AND LOOAL PURCHASES
OF GOODS AND SERVICES**
Official Reserve Transactions Basis
—T
-2
1 1 1 t M 1i
1969
Monthly (Mar.)
M M 1I t M t1
1970
Census & QBE
-4
/
i
i
1968
i
125
v) -
1
Liquidity Basis
1.2
i
-X
1.6
1.4
i
Quarterly (1)
4
2
i
150
Ratic>
1.8
Expenditures
QBE
2.0
Mamrfaeturing
Census
-
175
Census & QBE
INVENTORY/SAL!ES RATIOS*
1 i M 1 I M MM
i M N iiM 1
Monthly (Mar.)
V
Outflow
Monthly (Mar.)
$
FEDERAL BUDG ET**
(NIA Basis)
-2
60
t t M t1t M M
QBE
225
Trade
1 M I 11 M M t
i I 1 I 1 1 M J1 I
Inflow
80
40
i
Billiori $
2
.— »**•«
0
Census
NET aOW OF PRIVATE US, AND FOREIGN CAPITAL
(Other than Liquid Funds}*
MANUFACTURING AND TRADE INVENTORIES*
(Book Value, End of Month)
^____
I1 i 1 f 1 1 1 1 1
Monthly (Mar.)
120
100
i
. \.
160
140
i
New Orders
?~
f
i i
DEFENSE PRODUCTS*
MERCHANDISE TRADE*
3.5
170
i
i
Quarterly (l)
180
MANUFACTURINCI AND TRADE INVEI
STORIES*
(Book Value, End of Month)
t
QBE
1 ^1
1
1969
Quarterly (1)
I I I
1970
QBE
-*•
r-—-"
100
75
]
i
1968
i
t
i
i
1969
Quarterly (1)
1
1
1
1970
QBE
*Seasonally Adjusted * * Seasonally Adjusted at Annual Rates
U.S. FRASER
De partment of Commerce, Office of Business Economics
Digitized for
70-5-7
8
SUEVEY OF CURKENT BUSINESS
May 1970
CHART 8
In April, Bank credit and money supply moved higher, stock prices down sharply
In the first quarter: Corporate profits (before taxes and including IVA) were off $6 billion
Productivity declined one-half of 1 percent, unit labor costs rose 8 !/2 percent
INDUSTRIAL PRODUCTION
MONEY, CREDIT, AND SECURITIES MARKETS
1957-59=100
190
Billion $
460
120
180
420
Total
Durable Manufactures _,
CORPORATE PROFITS AND IVA
BANK CREDIT AND MONEY SUPPLY*
INDUSTRIAL PRODUCTION*
380
Money Supply
(right scale)
160
340
150
300 I i l i I i I i l l i i I l I l i i I i i i i i
100
200
80
180
60
i i I I M M I 160
Monthly (Apr.
1957-59=100
Bill ion $
200
2
40 I
t
1
175
M\
0
125
-1
100 LLi
-2
i
I
FRB
.I
t
\
I
Quarterly (l)
QBE
Billion $
20
CORPORATE CASH FLOW AND PROFITS**
FREE RESERVES
INDUSTRIAL PRODUCTION*
150
220
Bank Credit
(left scale)
\
170
PROFITS AND COSTS
Billion $
_
_
^
V~p -
no
Cash Flow
80
+~—-H
r
60
-
^
«*•
Profits After Ta <es
s*
Monthly (Apr.)
i i ii i 1 i i | ij
U t M 11 i i t 1
f J 1M i t 1 t i i
Monthly (Apr.)
FRB
Percent
Percent
95
10
90
i
i
i
t
i
QBE
Percent
16
OUTPUT AND COMPENSATION PER MAN-HOUR,
PRIVATE ECONOMY*
„ (Change From Previous Quarter)
Compensation
Output
J
85
3-month Treasury Bills
80
2 I I I I I I I I I I I II I II I I I I I I I I I I I I I II M I II
75
Monthly
Quarterly (1)
-8
Quarterly (l)
(Apr.)
140
UNIT LABOR COSTS, PRIVATE ECONOMY*
(Change From Previous Quarter)
STOCK PRICES
120
16
Standard and Poor's 500
V
32 -
i.n mi I
100
80
-
60 I l i i t i t . t i.t l i I i i i t t 1 i i i i i I i i i i i i i i f i
24
1969
1970
Census
Monthly (Mar.)
* * Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics
BLS
Percent
24
1941-43 = 10
Billion $
* Seasonally Adjusted
i
24
Corporate Yields, Moody's Aaa
1968
i
Quarterly (1)
Manufacturing
28
i
FRB
INTEREST RATES AND BOND YIELDS
RATIO, OUTPUT TO CAPACITY*
i
40
1968
1969
Monthly (Apr.)
1970
-8
1968
1969
Quarterly (l)
1970
BLS
SURVEY OF CUEEENT BUSINESS
May 1970
NATIONAL INCOME AND PRODUCT TABLES
1970
1968
IV
1968
IT
III
1968
IV
IV
Seasonally adjusted at annual rates
1970
1969
II
III
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. _
_
Personal consumption expenditures
Durable goods..
Nondurable goods
Services
_.
_
__
Gross private domestic investment
Fixed investment
Nonresidential
_ _ _ _ _ _
Structures
Producers' durable equipment
_. _ _
_ _
Residential structures .
Nonfann
Farm
Change in business inventories
Nonfarm .
Farm
.
Net exports of foods and services
Exports
Imports
.
.
_ _
__
_ _
Government purchases of foods and services
Federal
National defense
Other .
__
_.
State and local .
865.7
932.1
892.5
908.7
924.8
942.8
952.2
959.6
707.6
727.5
718.5
723.1
726.7
730.6
729.8
724.3
536.6
576.0
550.7
562.0
572.8
579.8
589.5
600.4
452.6
466.1
457.6
462.9
466.2
466.5
468.6
471 7
83.3
230.6
222.8
89.8
243.6
242.6
86.3
234.3
230.1
88.4
238.6
235.0
90.6
242 1
240.1
89.8
245.1
244.9
90.4
248.7
250.3
89.4
255.4
255.6
80.7
196.9
175.0
84.9
199.4
181.8
82.7
197.2
177.7
84.3
199.3
179.3
85.9
199 3
181 0
84.7
199 3
182.5
84.8
199.6
184.2
83 3
202 8
185 5
105.7
126.3
139.4
133.9
135.2
137.4
143.3
141.8
135.0
111.8
110.9
109.9
110.8
114.3
112.2
104 9
119.0
131.4
123.4
128 6
130 5
132 5
134 0
134.2
99.1
104.8
101.4
104.0
104 8
105 0
105.5
104 3
88.8
29.3
59.5
99.2
33.4
65.8
91.5
30.1
61.4
95.3
32.3
63 0
97.8
32.1
65 7
101.1
34.7
66 4
102.5
34.5
68 0
104.0
35.6
68.5
75.8
22.7
53.2
81.4
24.0
57.4
77.3
22.9
54.4
79.4
23.9
55.5
81.0
23.3
57 7
82.4
24.6
57.8
82.8
24.3
58.6
82.8
24.7
58.1
30.2
29.6
5
32.2
31.7
5
31.9
31.4
5
33.3
32 8
5
32.7
32 2
5
31.4
30 9
5
31.6
31 0
5
30.2
29.7
.5
23.3
22.8
4
23.4
23 0
4
24.1
23.7
4
24.6
24.2
4
23.8
23 4
4
22.6
22.2
4
22.7
22.3
4
21.5
21.1
4
7.3
7.4
-.1
8.0
7.8
.2
10.5
10.7
-.2
66
6.6
.0
69
67
.2
10 7
10 3
.4
77
7.4
.4
.8
.4
.4
6.6
6.7
-.1
69
6.7
2
9.6
9.8
—.2
5.9
5.9
.0
60
58
.2
9.3
8.9
.4
6.7
6.4
.3
.6
.3
.3
2.5
2.1
1.2
1.5
1.6
2.7
27
3.0
.9
o
— .2
— .3
— .5
.4
.5
.9
50 6
48.1
55 3
53 2
50 6
49.4
47 6
46 1
57 1
55 5
57 8
55 2
58 6
55 9
60.8
57.8
45 6
44.7
48 0
48 0
45 5
45.7
41.9
42.2
50 4
50 8
50 2
49.8
49.7
49.2
51.5
50.6
200.3
214 6
206.7
210 0
212 9
217 0
218 3
221.2
149.4
148.4
99.5
78 0
21 5
101.9
79 2
22 7
101.9
79 3
22 5
101.6
79 0
22 6
100 6
78 5
22 1
103 2
80 3
22 9
102.3
79 2
23 1
102.3
78 9
23 3
78.9
76.0
79.4
78.3
76.3
75.5
73.9
71.2
100 7
112 7
104 8
108 5
112 3
113 8
116 0
118 9
69 5
73 7
70 8
72 3
73 9
73.9
74.6
75.5
148.4
149 7
150.2
150.6
150.2
146.7
Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
865.7
932.1
892.5
908.7
924 8
942 8
952 2
959 6
707.6
727 5
718.5
723.1
726.7
730.6
729.8
724. 1
858 4
73
924 1
80
882 0
10 5
902 1
66
917 9
69
932 0
10 7
944 5
77
958 9
g
701 0
66
720 6
69
709 0
96
717.2
5.9
720 7
60
721.3
9.3
723.1
6.7
723.
.(
431.1
459 8
443 5
447 9
456 5
465 9
468 8
467 1 381 3
392 7
388.2
389.1
391.6
395.9
394.2
387. <
423.7
7.3
451.8
8.0
433.0
10.5
441 3
6.6
449 6
69
455 2
10 7
461 1
7.7
466 3
g
374.7
6.6
385.8
6.9
378.7
9.6
383.2
5.9
385.7
6.0
386.6
9.3
387.5
6.7
387.J
.(
Durable goods ... __
Final sales
Change in business inventories. _ _
176 7
171 4
53
191 7
186 2
5.5
184 0
176 6
74
186 4
181 6
4 8
190 3
185 5
49
195 4
187*8
76
194 6
189 9
4 7
188 7
190 1
-1.3
162 8
158 0
4 7
171 9
167*2
47
167 8
161 2
65
169 0
164 8
4.2
171 4
167 3
4.1
174.7
168.1
6.6
172.6
168.6
4.0
165. *
167. (
— 1.
Nondurable goods
Final sales
Change in business inventories
254 4
252 3
20
268 1
265 6
25
259 5 261 5 266 2
256 4 259 7 264 1
31
18
21
270 5
267 4
31
274 2
271 2
30
278 3 218 6 220 8
276 2 216 7 218 6
21
19
2 2
220 5
217 5
30
220 2
218 4
17
220 2 221.2
218 4 218. 5
2.7
19
221.5
218.9
2.6
220.
347 5
377 4
358 5
373 4
381 6
388 6
397 3
259 9
267 1
262 7
264.6
267.0
267.6
269.3
270.
87 1
95 0
90 6
94 8
95 3
94 8
95 2
66 4
67 7
67 5
69.3
68.0
67.1
66.3
Gross national product
Final sales
Change in business inventories
Goods output.. _ _ _
Final sales
Change in business inventories
Services
Structures
_
365 8
94 9
222.
1.
65 J
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. ._
865 7
932 i
892 5
908 7
924 3
942 g
952 2
959 6
707 6
727 5
718 5
723 1
726 7
730.6
729.8
724.
770-5
828 0
794 o
808 5
822 7
836 5
844 3
847 8
647 9
666 5
658 3
662 6
665 8
669.4
668.2
662.
740 6
715 7
24 9
795 3
768 3
27 0
763 1
738 4
24 7
776 7
751 1
25 7
790 5
763 0
27 6
803 6
775 9
27 7
810 3
783 3
26 9
784. ft
97 Q
812 7
627 5
604 2
23 3
645 2
621 7
23 5
637 5
614 6
22 9
641 5
617 8
23 7
644 8
621 1
23 7
648.2
624 1
24.1
646.5
624.0
22.6
640.
616.
23.
25.2
28 6
26 0
27 2
28 3
28 9
30 0
31 1
15 9
17 3
16 2
16.8
17 2
17.4
17.8
18.
4 6
4 3
37
3.9
3.8
3.
60 9
61.1
61.6
62.
4 7
95 2
4 1
104 1
4 9
98 5
4 5
100 2
39
102 1
41
106 2
4 0
108 0
39
111 8
4 5
59 7
See note on page 13 regarding the treatment in the national
income and product accounts of the retroactive portion of the
Federal Government pay raise and the allocation of Special
Drawing Rights.
39
61 0
60 2
60 5
SURVEY OF CURRENT BUSINESS
10
1968
1969
IV
1970
1969
1968
I
II
May 1970
III
IV
1968
I*
1968
1969
Equals : Net national product
75.9
77.2
78.6
79.9
81.3
792.4 854.2 817.9 832.8 847.6 864.2 872.3 878.4
Less: Indirect business tax and nontax
77.9 86.6 81.4 83.3 85.7 88.0 89.4 91.0
liability
3.4 3.6 3.5 3.5 3.6 3.6 3.6 3.7
Business transfer payments.
-2.5 -5.9 -3.4 -4.2 -6.5 -6.9 -6.0 -6.7
Statistical discrepancy
Plus: Subsidies less current surplus of
government enterprises
Equals: National income
Less: Corporate profits and inventory
valuation adjustment
Contributions for social insurance
Wage accruals less disbursements
-,
Plus: Government transfer payments
to persons
Interest paid by government
(net) and by consumers
Dividends
Business transfer payments
Equals: Personal income
.8
1.1
.9
1.1
.9
IV
I*
714.4 771.0 737.3 751.3 765.7 780.6 786.5 792.1
National income
865.7 932.1 892.5 908.7 924.8 942.8 952.2 959.6
74.6
III
Table 6.—National Income by Type of Income (1.10)
Table 4.—Relation of Gross National Product, National Income,
and Personal Income (1.9)
77.9
II
Billions of dollars
Billions of dollars
Less: Capital consumption allowances- 73.3
I
IV
1970
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Gross national product
1969
1.1
1.2
1.7
714.4 771.0 737.3 751.3 765.7 780.6 786.5 792.1
87.9
88.2
90.3
89.5
89.2
88.8
85.2
79.2
47.0
54 4
48.6
52.7
53.8
55.1
56.1
57.3
.0
.0
.0
.0
.0
.0
.0
2.5
55.8
61.9
58.1
60.1
61.3
62.5
63.6
66.4
26.1
23.1
3.4
28.7
24.6
3.6
27.4
23.8
3.5
27.9
23.8
3.5
28.5
24.3
3.6
28.9
24.9
3.6
29.7
25.2
3.6
30.2
25.2
3.7
687.9 747.2 711.2 724.4 740.5 756.5 767 4 778 6
513.6 564.3 532.3 546.0 558.2 571.9 581.1 592.0
Compensation of employees
465.0 509.9 482.1 493.3 504 3 516.9 525.0 534 9
Wages and salaries
369.0 405.3 382.8 392.5 402.0 410.2 416.6 422.3
18.0 19.2 18.3 18.2 18.4 20.1 19.9 20.8
78.0 85.4 80.9 82.5 84.0 86.6 88.5 91.8
Private
Military
Government civilian.
Supplements to wages and salaries. .. 48.6
Employer contributions for social
insurance _
24.4
54.4
50.2
52.7
53.8
55.0
56.1
28.2
25.3
27.3
27.9
28.6
29.1
29.6
24.2
26.2
25.0
25.5
26.0
26.4
26.9
27.5
Other labor income
Employer contributions to private pension and welfare funds
Other
57.1
20.1
4.1
63.8
66.3
64.1
64.6
66.5
67.3
66.7
66.6
Business and professional
Income of unincorporated enterprises
Inventory valuation adjustment
49.2
50.2
49.7
49.7
50 1
50.5
50.4
50.1
49.9
51.1
Farm
14 6
16.1
14.4
14.9
16.4
16.8
16.3
16.5
21 2
21.6
21 4
21 5
21.6
21.7
21.8
22.0
79.2
Proprietors' income
.
Rental income of persons
Corporate profits and inventory valuation adjustment
.. _
Profits before tax
Profits tax liability
Profits aftertax..
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest
—.7
-.9
87.9
88.2
90.3
89.5
89.2
88.8
85.2
91.1
93.7
94.5
95.,5
95 4
92.5
91.4
85.1
41.3
49.8
23 1
26 7
43.3
50.5
24 6
25 9
42.9
51.6
23 8
27.8
43 9
51 7
23 8
27 9
44 1
51.3
24 3
27.0
42.8
49.7
24.9
24.9
42.4
49.0
25 2
23.8
39.1
46.1
25.2
20 9
-3.2 -5.6 -4.2 -6.1 -6.2 -3.7 -6.2 -5.9
28.0
30.6
29.3
29.8
30.3
30.9
31.6
32.3
Table 5.—Gross Auto Product in Current and Constant Dollars
(1.15, 1.16)
Table 7. —National Income by Industry Division (1.11)
Billions of current dollars
All industries, total
Gross auto product 1._
35.9
36.6
37.5
37.5
34.5
38.0
36.3
Personal consumption expenditures. 30.2
Producers' durable equipment
5.3
Change in dealers' auto inventories.. 1.0
31.7
5.6
.1
31.4
5.5
1.5
30.9 31.4
5.4
5.5
1.1 -1.4
32.1
5.6
1.2
32.4 29.0
5.7
5.1
-.5 -1.3
Net exports
Exports .
Imports...
31.7
-.8 -1.2 -1.2
2.0
2.3
2.0
3.2
2.8
3.4
-.2 -1.4 -1.4 -1.7 -1.5
2.3
2.0
2.3
2.4
2.0
2.5
3.7 3.8 3.6
3.4
32.4
4.3
33.4
4.6
Addenda:
New cars, domestic a
New cars, foreign
32.3
5.6
33.9
4.7
30.7
5.4
34.2
5.5
30.9
7.0
27.0
6.2
29.7
Billions of 1958 dollars
Gross auto product l
35.1
35.0
36.2
36.2
33.0
36.4
34.5
Personal consumption expenditures. 29.4
Producers' durable equipment
5.2
Change in dealers' auto inventories.. 1.0
30.3
5.4
.1
30.2
5.4
1.5
29.7 30.1
5.3
5.4
1.1 -1.3
30.7
5.5
1.2
30.8 27.2
5.6
4.9
-.5 -1.2
Net exports
Exports
Imports
-.8 -1.2 -1.2
2.0
2.2
1.9
2.8 3.4
3.2
-.2 -1.4 -1.4 -1.6 -1.4
2.3
2.3
2.4
1.9
1.9
2.5
3.7 3.8
3.5
3.4
32.1
4.3
32.7
4.5
Addenda:
New cars, domestic a
New cars, foreign
31.5
5.5
33.3
4.6
30.0
5.3
33.4
5.3
29.9
6.8
25.9
6.0
o ??J gross auto Product total includes Government purchases.
2. iJiffers from the gross auto product total by the markup on both used cars and
foreign cars.
"'^ comP°nents and totals> are Preliminary
714.4 771.0 737.3 751.3 765.7 780.6 786.5 792.1
Agriculture, forestry, and fisheries
21.9 23.9 21.9 22.6 24.2 24.5 24.1
Mining and construction
42.9 48.0 44.4 45.9 47.8 48.6 49.7
Manufacturing .
215.4 229.0 222.7 225.3 228.9 231.6 230.3
Nondurable goods
.. 82.9 88.1 85.4 86.1 88.3 88.5 89.6
Durable goods _
132.5 140.9 137.3 139.1 140.5 143.2 140.8
Transportation
C ommunication
Electric, gas, and sanitary services
Wholesale and retail trade
27.2 29.0 27.8 28.2 28.9 29.3 29.7
14.2 15.5 14.9 15.3 15.6 15.4 15.6
13.7 14.6 13.9 14.2 14.2 15.1 14.7
105.2 112.5 107.8 109.5 111.7 113.9 114.8
Finance, insurance, and real estate
78.2 85.2 80.9 82.9 84.4 86.0 87.4
Services
86.1 94.4 89.3 92.1 93.6 95.0 97.1
Government and government enterprises
105.0 114.8 108.7 110.6 112.5 117.1 119.1
Rest of the world
4.5
4.7
3.9
4.1 4.0
4.1 4.9
Table 8.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment by Broad Industry Groups (6.12)
All industries, total
Financial institutions
Mutual
Stock
Non financial corporations
Manufacturing
Nondurable goods
Durable goods
Transportation,
communication,
and public utilities
All other industries
87.9
88.2
90.3
89.5
89.2
88.8 85.2
79.2
11.5
12.9
11.9
12.3
12.7
13.3 13.3
13.2
76.4
75.3
78.5
77.2
76.5
75.6 71.9
66.0
44 4
19 9
24.5
43 9
20 4
23.5
46 2
20.4
25.8
45 1
20.3
24.7
44 9
21.0
23.9
43. 8 41. 7
20. 0 20. 1
23. 8 21. 6
11.6
20.4
11 7
19.7
11.6
20.7
11.8
20.3
11.7
19.9
11.9 11.4
19. 9 18. 8
2.1
9.4
SUKVEY OF CURRENT BUSINESS
May 1970
1968
1969
I
IV
II
1968
1970
1969
1968
11
III
IV
1968
I*
1969
l
Table 9.— Gross Corporate Product (1.14)
494.2 532.8 510.7 519.9 530.1 539.3 542.1
541.7
49.1
46.7
47.7
48.6
49.6
50.5
51.5
44.8
49.0
46.6
47.3
48.5
49.8
50.5
51.4
Income originating in corporate busi403.5 434.7 417.4 425.0 433.0 439.9 441.0
ness
438.7
Compensation of employees
Wages and salaries.
Supplements
318.4 348.9 329.8 338.2 346.0 353.4 358.0
284.3 311.0 294.7 301.3 308.5 315.1 319.1
_ __ 34.1 37.9 35.1 36.9 37.6 38.3 38.9
361.6
322.2
39.4
Net interest
.
_ _
Corporate profits and inventory
valuation adjustment
Profits before tax. ._
Profits tax liability .
Profits after tax
Dividends .
Undistributed profits.
Inventory valuation adjustment..
Cash flow, gross of dividends
Cashflow,net of dividends .
Gross product originating in
financial institutions
1.2
1.6
1.4
1.5
1.6
1.7
1.8
1.8
83.9 84.2 86.2 85.2 85.3 84.8 81.3
87.2 89.7 90.4 91.3 91.6 88.5 87.4
41.3 43.3 42.9 43.9 44.1 42.8 42.4
45.8 46.4 47.5 47.4 47.5 45.7 45.1
21.5 22.9 22.2 22.1 22.8 23.3 23.6
24.3 23.5 25.3 25.3 24.7 22.5 21.5
-3.2 -5.6 -4.2 -6.1 -6.2 -3.7 -6.2
75.3
81.3
39.1
42.2
23.6
18.6
-5.9
26.4
26.9
27.5
66.5
50.1
16.4
67.3
50.5
16.8
66.7
50.4
16.3
66.6
50.1
16.5
Rental income of persons
Dividends
Personal interest income
21.2
23.1
.. 54.1
21.6
24.6
59.4
21.4
23.8
56.7
21.5
23.8
57.6
21.6
24.3
58.8
21.7
24.9
59.8
21.8
25.2
61.3
22.0
25.2
62.5
26.0
23.9
24.9
25.6
26.4
26.9
27.0
Less: Personal contributions for
social insurance
__
48.2
49.1
50.0
46.5
47.8
48.5
49.3
Income originating in nonfinancial
corporations
383.8 412.1 396.7 403.3 410.7 416.9 417.6
415.3
Cash flow, gross of dividends
Cash flow, net of dividends
26.0
64.6
49.7
14.9
22.8
47.3
..
25.5
64.1
49.7
14.4
93.7
70.0
45.3
Net interest
25.0
95.6
72.0
46.4
300.6 328.8 311.0 318.7 326.2 333.2 337.3
268.6 293.4 278.2 284.2 291.1 297.3 300.9
31.9 35.5 32.8 34.5 35.1 35.8 36.4
10.9
12.0
11.4
11.7
11.9
12.2
340.5
303.7
36.8
12.4
12.7
72.4 71.3 74.3 72.9 72.6 71.6 67.9
75.6 76.8 78.5 79.0 78.8 75.3 74.1
35.6 36.7 37.0 37.7 37.7 36.1 35.5
40.0 40.1 41.5 41.3 41.2 39.2 38.6
20.4 21.7 20.9 20.9 21.5 22.0 22.3
19.6 18.4 20.6 20.4 19.6 17.2 16.3
-3.2 -5.6 -4.2 -6.1 -6.2 -3.7 -6.2
62.2
68.1
32.2
35.8
22.3
13.5
-5.9
84.6
64.2
87.8
66.1
86.9
66.0
87.6
66.8
88.4
66.9
87.4
65.4
87.7
65.4
85.9
63.6
Gross product originating in
nonfi nancial corporations
415.9 431.6 425.1 427.7 431.9 434.3 432.5
Less: Personal tax and nontax payments
427.0
Current dollar cost per unit of
1958 dollar gross product
originating 2in nonfinancial
corporations
1.133 1.174 1.145 1.157 1.168 1.181 1.191
Capital consumption allowances
.107 .111 .107 .108 .109 .111 .114
Indirect business taxes plus transfer
payments less subsidies...
.103 .109 .105 .106 .108 .110 .112
Compensation of employees. .
.723 .762 .732 .745 .755 .767 .780
Net interest
.026 .028 .027 .027 .028 .028 .029
Corporate profits and inventory valuation adjustment..
.174 .165 .175 .170 .168 .165 .157
Profits tax liability
.086 .085 .087 .088 .087 .083 .082
Profits after tax plus inventory valuation adjustment.. .088 .080 .088 .082 .081 .082 .075
.117
.116
.797
.030
.146
.075
.070
61.6
63.6
64.9
66.1
67.2
70.1
31.8
32.4
32.9
33.3
33.7
34.3
2.1
7.2
19.7
2.1
8.2
22.0
2.0
7.3
20.5
2.2
7.8
21.3
1.9
8.2
21.9
2.2
8.4
22.2
2.2
8.6
22.7
2.9
9.0
23.9
22.6
26.2
23.3
25.4
25.9
26.6
27.0
27.7
118.2
660.4
551.6 592.0 566.2 577.7 588.8 596.0 605.8
Less: Personal outlays
Personal consumption expenditures- 536.6 576.0 550.7 562.0 572.8 579.8 589.5
14.2 15.3 14.7 15.0 15.2 15.4 15.5
Interest paid by consumers
.
Personal transfer payments to for.8
.8
.8
.7
.8
.7
.7
eigners
.
. .
616.9
600.4
15.7
41.7
43.5
497.6 509.5 502.1 502.6 506.2 514.1 514.8
2,933 3,099 2,991 3 014 3 065 3,140 3,172
2,474 2,507 2,485 2 482 2,494 2,526 2,522
518.8
3,228
2,536
Equals: Personal saying.
38.4
Addenda:
Disposable personal income :
Total, billions of 1958 dollars
Per capita, current dollars .
Per capita, 1958 dollars.
Personal saving rate,2 percent
37.6
38.0
32.5
33.3
43.1
6.7
.8
6.4
6.6
Personal consumption expenditures
536.6 576.0 550.7 562.0 572.8 579.8 589.5
600.4
6.5
6.0
6.3
5.3
5.3
Table 11.—Personal Consumption Expenditures by Major Type (2.3)
_ __
89.8
86.3
88.4
90.6
89.8
90.4
89.4
Automobiles and parts
37.0 40.4
Furniture and household equipment. 34.2 36.0
Other
12.1 13 5
39.0
34.6
12.8
39.4
35.5
13.6
40 0
36.8
13 8
40.8
35.8
13.2
41.3
35.8
13.3
38.3
37.3
13.9
230.6 243.6 234.3 238.6 242.1 245.1 248.7
255.4
115. 0 119 8 116.4 118.4 119 1 119.9 121.7
46.3 49.9 47.3 48.1 50.0 50.8 50.8
19.1 21 3 19.5 20.4 21 0 21.8 22.0
50.1 52.7 51.1 51.8 52.0 52.7 54.2
125.9
51.0
22.8
55.7
222.8 242 6 230 1 235.0 240.1 244.9 250.3
255.6
77.4 83 7 79.8 81.3 82 8 84.4 86 4
31.2 33 5 31.9 32.7 33.1 33.9 34.1
16.1 17.5 16.5 17.1 17.3 17.7 17.9
98.1 107 9 101.8 103.9 106 9 108 8 111.9
88.3
35.0
18.4
113.9
Food and beverages
Clothing and shoes. __
Gasoline and oil. .
Other
1.205
65.5
33.1
Equals : Disposable personal income. . .590.0 629.7 604.3 610.2 622.0 639.0 647.5
Nondurable goods
Dollars
59.2
30.3
97.9 117.5 107.0 114.2 118.5 117.5 119.9
Durable goods
Billions of 1958 dollars
504.3
196.5
156.6
118.3
87.1
102.4
66.3
50.2
16.1
95.3
72.1
44.7
493.3
191.5
153.3
115.5
85.4
100.8
516.9
200.5
159.9
121.1
88.7
106.6
26.2
96.1
73.3
45.4
532.4
202.0
159.9
126.2
94.1
110.1
482.1
187.8
150.7
113.1
82.0
99.2
63.8
49.2
.. 14.6
95.1
73.0
47.0
778.6
525.0
202.3
160.5
123.1
91.2
108.4
509.9
197.7
157.6
119.5
88.1
104.5
24.2
94.2
72.1
514.7
687.9 747.2 711.2 724.4 740.5 756.5 767.4
465.0
181.5
145.9
109.2
78.3
96.0
Proprietors' income
Business and professional
Farm . ..
._
Other labor income
95.5
72.6
47.7
Corporate profits and inventory
valuation adjustment
Profits before tax . _
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment- __
_ ._
Wage and salary disbursements
Commodity-producing industries -_
M anuf acturi n g_
Distributive industries
Service industries
Government
. .
91.7
70.2
Gross product originating in
471.4 506.9 486.8 495.0 504.5 512.8 515.2
nonfinancial corporations
Compensation of employees.
Wages and salaries
Supplements
Personal income
Transfer payments __
Old-age, survivors, disability, and
health insurance benefits
State unemployment insurance
benefits
Veterans benefits
Other
Capital consumption allowances _ _ _ . 44.6
Indirect business taxes plus transfer
payments less subsidies _
43.0
I
Table 10.—Personal Income and Its Disposition (2.1)
45.9
-
IV
III
Billions of dollars
Billions of dollars
Gross corporate product
II
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies
I
IV
1970
1969
Services
HousingHousehold operation _
Transportation
Other
83.3
Table 12.—Foreign Transactions in the National Income and
Product Accounts (4.1)
Receipts from foreigners
50.6
55.3
50.6
47.6
57.1 57.8 58.6
61.6
1. Excludes gross product originating in the rest of the world.
Exports of goods and services
50.6
55.3
50.6
47.6
57.1 57.8 58.6
60.8
oi?&"wo^
3. Personal saving as a percentage of disposable personal income.
Capital grants received by the United
States
and
***> are prelhninary
Payments to foreigners
Imports of goods and services
Transfers to foreigners
Personal
Government
Net foreign investment
_
__
.0
.0
.0
.0
.0
.9
50.6
55.3
50.6
47.6
57.1 57.8 58.6
61.6
48.1
53.2
49.4
46.1
55.5 55.2 55.9
57.8
2.9
.8
2.1
2.7
.8
2.0
2.4
.7
1.7
2.6
.8
1.8
3.0
.8
2.2
2.7
.8
1.9
.0
-.3
1.2
-.3
3.1
.7
2.4
-.6 -1.9
-1.0
.0
2.8
.7
2.1
-1.2
.0
SUEVEY OF CUEKENT BUSINESS
12
1968
1969
IV
I
II
1968
1970
1969
1968
May 1970
III
IV
1968
I*
1969
1969
IV
I
Table 13.—Federal Government Receipts and Expenditures (3.1, 3.2)
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Contributions for social insurance...
198.6
202.8 201.3 203.3 198.7
79.5
38.3
95.6
40.2
87.4
39.8
93.8
40.7
96.9
41.0
95.0
39.8
96.7
39.3
94.4
36.2
18.0
40.5
18.8
46.9
18.5
41.7
18.5
45.6
18.6
46.4
19.1
47.5
19.1
48.1
19.1
49.0
Federal Government expenditures
181.5 192.0 187.4
188.5 189.3 193.6 196.7 198.4
Purchases of goods and services
National defense
Other
99.5 101.9 101.9
78.0 79.2 79.3
21.5 22.7 22.5
101.6 100.6 103.2 102.3 102.3
79.0 78.5 80.3 79.2 78,9
22.6 22.1 22.9 23.1 23. 3
Transfer payments
To persons _
--. ..
To foreigners (net)
47.8
45.7
2.1
52.4
50.4
2.0
50.0
47.6
2.4
Grants-in-aid to State and local governments
18.3
20.0
Net interest paid
11.6
13.1
52.7
50.9
1.8
53.9
51.7
2.2
55 8
53. 9
1,9
19.3
19.8
22.0
23.6
12.9
13.1
13.7
14.0
50.8
49.1
1.7
52.1
50.0
2.1
19.0
19.0
12.2
12.5
4.3
4.6
4.4
4.6
4.4
4.6
4.8
5.3
Less: Wage accruals less disbursements
.0
.0
.0
.0
.0
.0
.0
?5
Surplus or deficit (—), national
-5.2
income and product accounts
9.5
-.1
10.1
13.5
7.7
6.6
.3
Table 14.—State and Local Government Receipts and Expenditures
(3.3, 3.4)
106.2 120.3 111.4
18.4 21.9
Personal tax and nontax receipts
3.0 3.1
Corporate profits tax accruals
Indirect business tax and nontax
59.9 67.8
accruals
Contributions for social insurance. .. 6.5 7.5
Federal grants-in-aid .
18.3 20.0
20.5
3.1
21.5
3.1
22.5
3.0
23.2
3.0
23.8
2.9
62.9
6.9
19.0
64.8
7.1
19.0
67.1
7.4
19.3
68.9
7.7
19.8
70.3
8.0
22.0
71.9
8.3
23.6
Purchases of goods and services
100.7 112.7 104.8
Transfer payments to persons
10.0 11.5 10.5
.4
Net interest paid _
.4
.3
Less: Current surplus of government
enterprises
3.4
3.5
3.5
Surplus or deficit (— ), national
income and product accounts
-1.5
-.6
114.5 118.5 121.9 126.5 130.5
19.5
3.1
State and local government expendi107.6 121.0 112.2
tures..
...
Table 16.—Implicit Price Deflators for Gross National Product (8.1)
122.34 128.12 124.22 125.68 127.26 129.05 130.48 132.50
Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services-
-.8
116.3 120.5 122.2
124.9
128.4
108.5 112.3 113.8 116.0 118.9
11.0 11 3 11.6 11.9 12.5
.4
.4
.4
.4
.5
3.5
3.5
3.6
3.5
3. 6
-1.8 -2.1
-.3
1.6
2.1
135.1 135.9 136.3
130.2
Personal saving
38.4 37.6 38.0
Undistributed corporate profits.
26.7 25.9 27.8
Corporate inventory valuation adjustment
-3.2 -5.6 -4.2
Corporate capital consumption
allowances
45.9 49.1 46.7
Noncorporate capital consumption
allowances
27.4 28.8 27.9
Wage accruals less disbursements
.0
.0
.0
32.5
27.9
Government surplus or deficit (—),
national income and product
accounts.
-6.7
Capital grants received by the United
States...
Gross investment..
-5.2
-1.5
8.8
-.9
9.5
-.6
-.1
-.8
.0
131.3
142.8 139.3 139.7
33.3
27.0
43.1
24.9
41.7
23.8
43.5
20.9
-6.1 -6.2 -3.7 -6.2 -5.9
47.7
48.6
49.6
50.5
51.5
28.2
.0
28.6
.0
29.0
.0
29.4
.0
29.8
.0
8.3
11.4
7.4
8.2
2.4
10.1 13.5
-1.8 -2.1
7.7
-.3
6.6
1.6
.3
2.1
.0
.0
.9
125.9 138.8 132.0
134.2 136.2 143.3 141.5 136.2
Gross private domestic investment. 126.3 139.4 133.9
Net foreign investment-.3
-1.9
135.2 137.4 143.3 141.8 135.0
-1.0 -1.2
.0 -.3 1.2
Statistical discrepancy.
121.4 122.9 124.3 125.8 127.3
Gross private domestic investment
120.0 125.4 121.7 123.7 124.5 126.2 127.0 128.7
Fixed investment
117.1 121.8 118.4 120.1 120.8 122.7 123.7 125.6
NonresidentiaL. .
Structures
129.3 139.1 131.4 135.3 137.8 141.0 142.1 143.8
Producers' durable equipment.. 111.9 114.6 113.0 113.5 113.9 114.9 116.1 117.8
Residential structures
Nonfarm
Farm
129.7 137.5 132.4 135.3 137.1 138.8 139.1 140.5
129.8 137.7 132.5 135.4 137.2 138.9 139.3 140.6
125.9 130.7 126.1 127.5 130.4 132.3 132.7 134.0
Change in business inventories
110.9 115.1 111.3 113.5 113.4 115.2 118.0 118.1
107.6 110.8 108.2 109.2 109.2 110.8 113.7 114.2
Exports
Imports .
Government purchases of goods and
services
135.0 143.4 137.6 139.5 141.8 145.3 147.1 150.7
Federal
State and local
126.2 134.2 128.3 129.8 131.9 136.8 138.4 143.6
145.0 152.9 148.1 150.1 151.9 153.9 155.6 157.5
Table 17. — Implicit Price Deflators for Gross National Product by
Major Type of Product (8.2)
122.34 128.12 124.22 125.68 127.26 129.05 130.48 132.50
Gross national product
Goods output.
113.0 117.1 114.2 115.1 116.6 117.7 118.9 120.4
108.5 111.5 109.7 110.3 111.1 111.9 112.7 113.8
116.4 121.4 117.7 118.8 120.9 122.3 123.8 125.3
Durable goods
Nondurable goods Services
133.7 141.3 136.4 138.2 139.8 142.6 144.3 146.8
Structures .
131.2 140.3 134.1 137.0 139.4 142.0 143.1 144.8
Addendum:
Gross auto product
102.5 104.4 103.6 103.7 104.4 104.4 105.1 106.8
Table 18.— Implicit Price Deflators for Gross National Product by
Sector (8.4)
122.34 128.12 124.22 125.68 127.26 129.05 130.48 132.50
-2.5 -5.9 -3.4
118.9 124.2 120.6 122.0 123.6 125.0 126.4 128.0
Private
Table 15.—Sources and Uses of Gross Saving (5.1)
Federal
State and local.
118.6 123.6 120.4
103.3 105.7 104.5 104.9 105.5 106.0 106.6 107.4
117.1 122.2 118.8 119.8 121.5 123.0 124.6 125.9
127.3 133.5 129.5 131.0 132.7 134.2 135.9 137.7
Gross national product
Gross private saving.
I
Net exports of goods and services
Subsidies less current surplus of government enterprises
State and local government receipts
IV
Index numbers, 1958=100
Billions of dollars
176.3 201.5 187.3
III
Seasonally adjusted
Seasonally adjusted at annual rates
Federal Government receipts
II
1970
-4.2 -6.5 -6.9 -6.0
-6.7
Digitized for*First
FRASER
quarter 1970 corporate profits (and related components and totals) are preliminary
and subject to revision next month.
Business
Nonfarm
Farm
118.0 123.3 119.7 121.1 122.6 124.0 125.3 126.9
118.5 123.6 120.1 121.6 122.8 124.3 125.5 127.2
106.8 114.7 107.9 108.5 116.3 115.0 119.3 119.6
Households and institutions . .
158.6 165.3
General government
159.4
170.6 163.6 165.6 167.5 173.7 175.4 180.5
HISTORICAL DATA
Historical national income and product data are available
from the following sources:
1965-68: July 1969 SURVEY OF CURRENT BUSINESS.
1964: July 1968 SURVEY OF CURRENT BUSINESS.
1929-63: The National Income and Product Accounts of the
United States, 1929-65, Statistical Tables (available from any
U.S. Department of Commerce Field Office or from the Superintendent of Documents, U.S. Government Printing Office,
Washington, D.C. 20402, price $1.00 per copy).
Treatment of the Retroactive Features of the Federal Pay Raise and the Allocation of Special
Drawing Rights in the National Income and Product Accounts
Federal pay raise.—The Federal pay raise
enacted April 15 included $2.5 billion (at annual rates) representing payments retroactive
to the first quarter. Of the $2.5 billion, $2.1
billion was payable to persons classified in the
national income and product accounts as
general Government employees. The remainder was payable to employees of Federal
Government enterprises, mainly of the Post
Office.
Production is an accrual concept. It is
measured when it occurs rather than when
payments for it are matte. Inasmuch as the
retroactive wage and salary payments are for
productive services rendered by Government
employees in the first quarter, these payments
must be reflected in the first quarter gross
national product (GNP) and national income,
the two measures of national production featured in the accounts. The preliminary first
quarter estimates published in the April issue
of the SURVEY have accordingly been revised.
Current dollar GNP has been increased by
$2.1 billion, and national income is $2.5 billion
higher than it would have been in the absence
of the pay raise. Constant (1958) dollar GNP
is not affected. Because the higher Federal pay
scale is an increase in the price Government
pays for the services of its employees, the revisions in the implicit price deflators for
Federal purchases and for total GNP exactly
offset the increases in the current dollar
estimates.
Personal income, the third major aggregate
in the accounts, records wages and salaries on
a disbursement rather than on an accrual
basis, because this results in a measure of incomes flowing to persons that is superior for
the study of consumer behavior. Hence, the
retroactive payments do not necessitate revision of first quarter personal income. Similarly, no revision has been made in total
Federal expenditures in the Federal budget
on national income account, because the
retroactive payments did not affect the economic impact of the Federal budget in the
first quarter. They will be reflected both in
personal income and in Federal budget expenditures at an annual rate of $2.5 billion in
the second quarter.
The following comments provide a more
systematic explanation of the treatment of
the retroactive features of the pay raise in
terms of the adjoining set of summary national
income and product accounts.
" Government purchases of goods and services" and total GNP are increased by $2.1
billion at annual rates in the first quarter to
allow for the retroactive payments to general
Government employees. " Wages and salaries"
and total national income are increased by
$2.5 billion. However, there is a partly offsetting change of $0.4 billion in the Government enterprise component of "subsidies less
current surplus of government enterprises,"
which reflects the retroactive payments to
employees of the Post Office and of other
Government enterprises. Thus, the total
revision in GNP obtained by summing incomes
equals the revision in the more commonly
used measure of GNP that is obtained by
summing product flows. (See Account 1.)
Effect of Retroactive Features of the Federal Pay Raise and the Allocation of
Special Drawing Rights on Summary National Income and Product
Accounts
First and Second Quarters, 1970
[Billions of dollars at seasonally adjusted annual rates]
1.—National Income and Product Account
I
Wages and salaries
Disbursements
Wage accruals less disbursements
25
National income
2.5
II
2.5
2.5 -2.5
I
Government purchases of goods and services
21
Gross national product
2.1
II
Current surplus of government enterprises L _ . -.4
Charges against gross national product
2.1
2.—Personal Income and Outlay
I
II
I
II
Personal saving
2.5
Wage and salary disbursements . _
2.5
Personal taxes, outlays, and saving
2.5
Personal income
2.5
3.—-Government Receipts and Expenditure Account
I
Government purchases of goods and services
Less: Current surplus of government enterprises i
Less: Wage accruals less disbursements
II
I
II
I
II
2.1
-4
2.5 -2.5
Surplus (+) or deficit (— ), national income
and product accounts
-2.5
Government expenditures and surplus
Government receipts
4.—Foreign Transactions Account
Capital grants received by United States 2
Receipts from foreigners
I
II
0.9
09
Net foreign investment 2 _
0.9
0.9
.9
.9
Payment to foreigners 2 __
.9
.9
5.—Gross Saving and Investment Account
Net foreign investment 2
I
II
09
09
I
2.5
Personal saving
Government surplus (+) or deficit (— ), national income and product accounts
Gross investment
2
.9
.9
II
-2.5
Capital grants received by United States 2
.9
.9
Gross saving 2
.9
.9
1. This label has been substituted for the full entry "Subsidies less current surplus of government enterprises" to simplify
terminology. The subsidy element of the entry is not relevant to the discussion.
2. The entire 1970 allocation of SD Rs was received in January. Expressed at seasonally adjusted annual rates, the allocation
is registered in equal amounts in each quarter of the year.
Source: U.S. Department of Commerce, Office of Business Economics.
13
SUEVEY OF CURRENT BUSINESS
14
May 1970
Personal income (Account 2) includes only
the "disbursements" component of wages and
salaries as shown in Account 1. Accordingly,
it is not affected in the first quarter by the
pay raise. Similarly, there is no net entry in
the first quarter in Account 3. Federal Government purchases of the services of its employees (both general Government and
Government enterprise employees), which
are included on an accrual basis, are converted
to a disbursement basis by the "wage accruals
less disbursements" entry taken from Account 1. This is a departure from previous
practice, according to which the counterpart
to the Account 1 entry was in Account 5, the
gross saving and investment account.
In the second quarter, there are no net
entries with respect to retroactive wages and
salaries in Account 1, disbursements of wages
and salaries being offset by a negative entry
for wage accruals less disbursements. However, the retroactive payments are registered
in Account 2 in wage and salary disbursements
and in Account 3 through the entry for wage
accruals less disbursements.
The summary accounts also show how the
retroactive wage and salary payments affect
personal saving and Government surplus in
Accounts 2 and 3 and in Account 5, the
national saving and investment account.
Allocation of Special Drawing Rights.—The
Special Drawing Rights (SDR) system was
activated as of January 1. The allocation of
SDR's to the United States is $0.9 billion for
1970. These Special Drawing Rights represent
additions to the foreign assets of the United
States that are not matched by corresponding
liabilities. It seems appropriate therefore to
consider them as part of U.S. net foreign
investment. It is more difficult to make a
corresponding entry for the source of this
investment. Some national economic accounting systems distinguish a category of capital
transfers or grants (separate from current
transfers) in which the source of this foreign
investment could be entered. The U.S.
system has recognized only current transfer
payments so far, because there did not seem
a practical need for a category of capital
transfers or grants. To account for the allocation of SDR's, such a category is now
introduced, with SDR's as its sole occupant
for the time being. (See Accounts 4 and 5.)
This accounting is preliminary. The nature
of SDR's and their treatment in the U.S.
balance of pa3^ments accounts will be discussed
in the June SURVEY.
Public and Private Debt
mortgage debt by borrowing and lending
groups, by type of property (table 7 of the
May 1968 SURVEY), is available upon request
from the Office of Business Economics.
The tables on public and private debt have
been revised back to 1955 for net debt (table
1) and gross debt (table 2) in order to incorporate a new series on State and local
government debt. Revisions in other series
have been confined* to 1966 through 1968.
Statistics for years prior to 1955 may be found
on page 11 of the May 1969 SURVEY.
These tables contain the revised and updated statistics on public and private debt
that have appeared in previous May issues of
the SURVEY. The distribution of nonfarm
Tables 1 and 2.—Net and Gross Public and Private Debt, End of Calendar Year, 1955-69
[Billion dollars]
Private
Public
Individual and noncorporate
Corporate
End of Year
Total
Total
Federal i
Federal
financial
agencies 2
State
and
local
Short-term 3
Total
Total
Longterms
Nonfarm
mortgage
Farm *
Total
Notes
and
accounts
payable
Other
Production
Mortgage
1- to 4family
Other nonfarm
Multifamily
resiComdential mercial
and commercial
Financial 5
Consumer
Table 1.—Net Public and Private Debt
665.8
698.4
728.3
769.6
833.0
273.6
271.2
274.0
287.2
304.7
229.6
224.3
223.0
231.0
241.4
2.9
2.4
2.4
2.5
3.7
41.1
44.5
48.6
53.7
59.6
392.2
427.2
454.3
482.4
528.3
212.1
231.7
246.7
259.5
283.3
90.0
100.1
112.1
121.2
129.3
62.8
70.3
72.6
75.8
83.7
59.4
61.4
62.0
62.6
70.3
180.1
195.5
207.6
222.9
245.0
9.7
9.6
9.8
12.1
11.7
9.0
9.8
10.4
11.1
12.1
86.3
96.8
105.2
114.5
127.3
12.4
12.6
12.9
13.6
13.7
12.4
13.3
13.2
13.7
15.3
11.6
11.1
11.1
12.8
13.4
38.8
42.3
45.0
45.1
51.5
1960
1961...
1962.
1963
1964...
874.2
930.3
996. 0
, 070. 9
, 151. 6
308.1
321.2
335.9
348.6
361.9
239.8
246.7
253.6
257.5
264.0
3.5
4.0
5.3
7.2
7.5
64.9
70.5
77.0
83.9
90.4
566.1
609.1
660.1
722.3
789.7
302.8
324.3
348.2
376.4
409.6
139.1
149.3
161.2
174.8
192.5
89.7
96.0
103.3
112.6
121.1
74.0
78.9
83.7
89.1
96.0
263.3
284.8
311.9
345.8
380.1
12.3
13.6
15.0
16.4
17.1
12.8
13.9
15.2
16.8
18.9
137.4
148.9
161.9
177.1
193.3
13.9
15.6
18.4
21.5
25.6
16.6
17.9
19.3
21.5
23.5
14.2
16.9
18.3
20.8
21.5
56.1
58.0
63.8
71.7
80.3
1965...
1966
1967...
1968
1969. ..
,244.1
, 341. 4
, 435. 5
, 567. 8
, 699. 5
373.7
387.9
408.3
436.4
452.2
266.4
271.8
286.5
291.9
289.3
8.9
11.2
9.0
21.4
30.5
98.3
104.8
112.8
123.2
132.4
870.4
953.5
1, 027. 2
1, 131. 4
1, 247. 3
454.3
506.6
546.6
610.9
692.2
209.4
231.3
258.1
286.1
315.2
138.6
155.5
162.9
179.4
203.6
106.3
119.8
125.6
145.4
173.4
416.1
446.9
480.6
520.5
555.1
18.1
19.1
22.8
24.8
26.8
21.2
23.3
25.5
27.5
29.9
208.7
219.6
232.0
247.0
262.9
28.1
32.0
34.9
38.3
41.6
27.0
30.9
34.2
36.7
38.4
22.7
24.5
29.1
33.0
33.0
90.3
97.5
102.1
113.2
122.5
1955
1956
1957.
1958.
1959.
-
Table 2. — Gross Public and Private Debt
1955
1956
1957.
1958
1959
762.4
801.2
836.2
880.6
949.5
331.3
330.8
335.2
348.2
366.8
282.2
278.3
278.1
285.3
296.5
2.9
2.4
2.4
2.5
3.7
46.3
50.1
54.7
60.4
66.6
431.1
470.4
501.0
532.4
582.7
251.0
274.9
293.4
309.5
337.7
108.1
120.3
134.9
146.0
156.0
75.4
84.4
87.1
90.9
100.4
67.5
70.2
71.5
72.6
81.3
180.1
195.5
207.6
222.9
245.0
9.7
9.6
9.8
12.1
11.7
9.0
9.8
10.4
11.1
12.1
86.3
96.8
105.2
114.5
127.3
12.4
12.6
12.9
13.6
13.7
12.4
13.3
13.2
13.7
15.3
11.6
11.1
11.1
12.8
13.4
38.8
42.3
45.0
45.1
51,5
1960.
1961.
1962..
1963.
1964
997.0
1, 056. 9
1, 128. 1
1, 209. 7
1, 300. 0
372.1
384.6
400.0
414.0
430.1
296.6
303.0
311.3
317.4
327.0
3.5
4.0
5.3
7.2
7.5
72.0
77.6
83.4
89.5
95.5
624.9
672.3
728.1
795.7
869.9
361.6
387.5
416.2
449.9
489.8
168.0
180.5
194.9
211.2
232.8
107.6
115.2
124.0
135.1
145.3
86.0
91.8
97.4
103.5
111.7
263.3
284.8
311.9
345.8
380.1
12.3
13.6
15.0
16.4
17.1
12.8
13.9
15.2
16.8
18.9
137.4
148.9
161.9
177.1
193.3
13.9
15.6
18.4
21.5
25.6
16.6
17.9
19.3
21.5
23.5
14.2
16.9
18.3
20.8
21.5
56.1
58.0
63.8
71.7
80.3
1965.
1966.
1967
1968
1969.
1, 401. 8
1, 517. 0
1, 627. 2
1, 775. 3
1, 935. 1
442.7
464.0
491.2
522.2
549.5
330.7
343.3
364.9
373.1
382.0
8.9
11.2
9.0
21.4
30.5
103.1
109.4
117.4
127.7
137.0
959.1
1, 053. 0
1, 136. 0
1, 253. 1
1, 385. 6
543.0
606.1
655.4
732.6
830.5
253.1
279.6
312.2
346.2
381.7
166.3
186.5
195.5
215.3
244.3
123.6
140.0
147.7
171.1
204.5
416.1
446.9
480.6
520.5
555.1
18.1
19.1
22.8
24.8
26.8
21.2
23.3
25.5
27.5
29.9
208.7
219.6
232.0
247.0
262.9
28.1
32.0
34.9
38.3
41.6
27.0
30.9
34.2
36.7
38.4
22.7
24.5
29.1
33.0
33.0
90.3
97.5
102.1
113.2
122.5
1. Net Federal Government and agency debt is the outstanding debt held by the public,
as defined in the Budget of the United States Government, Fiscal Year 1969. Gross Federal
Government debt consists of the public debt as defined in the Second Liberty Bond Act of
1917, as amended, plus the obligations to the public of Federal agencies in which the Federal
Government has a proprietary interest each year.
2. This comprises the debt of federally sponsored agencies, in which there is no longer any
Federal proprietary interest. The obligations of the Federal Land Banks and the debt of the
Federal Home Loan Banks are included in all years shown in this table, and the debts of the
Federal National Mortgage Association, Federal Intermediate Credit Banks and Banks for
are included beginning with 1968.
Cooperatives
3. Long-term debt is debt having a maturity of 1 year or more, short-term debt is that which
will mature within a year.
4. Farm mortgages and farm production loans. Farmers' financial and consumer debt is
included in the nonfarm categories.
5. Financial debt is 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 Commerce, Office of Business Economics; U.S. Treasury
Department; U.S. Department of Agriculture; Board of Governors of the Federal Reserve
System; Federal Home Loan Bank Board; Federal Land Banks; and Federal National
Mortgage Association.
By ROSE N. ZEISEL
Wages Under Collective Bargaining in 1970
Many more of the workers covered by
collective bargaining are negotiating
new contracts this year than last, and
the increases they gain for 1970 will
almost certainly exceed the deferred
increases of workers not negotiating. It
seems likely, therefore, that the average
wage rate change for all workers under
collective bargaining will be larger this
year than last.
5 million workers are covered
by major labor contracts up for negotiation in 1970, a year marked by an
unusually heavy calendar of negotiations. Another group, numbering
slightly more than 5 million, is scheduled to receive deferred wage increases
under the terms of contracts negotiated
in the past.1 Although the unionized
workers covered by major contracts
account for only about 20 percent of all
nonsupervisory workers in the nonfarm
sector, movements in their wages are
nevertheless an interesting and important factor in the economy. The
average wage rate increase this year
for the unionized group will reflect
both the first-year increases resulting
from new negotiations and the deferred
increases. It seems highly likely that
this overall change, or "effective wage
1. The data on labor-management contract negotiations
used in this article are compiled and published by the Bureau
of Labor Statistics. They relate to major contracts covering
1,000 or more workers. A small proportion of the 5 million
workers affected by negotiations in 1970 are negotiating under
provisions for the reopening of contracts, rather than negotiating new contracts. In this article, however, the entire
5 million are referred to as though they were negotiating new
contracts. In addition to those negotiating in 1970 and those
receiving deferred increases, there is a relatively small
group
of workers who, while covered by major contracts, are
neither negotiating nor receiving deferred increases.
adjustment/ 7 will be larger than in
1969. Last year it amounted to just
over 5 percent of the straight time
hourly earnings of the workers covered
by major contracts (chart 9). A figure
of 6 percent or even more seems possible
this year.
The size of the effective wage adjustment in any given year depends on the
size of the first-year increase negotiated
in that year, the size of the deferred
increase received in that year, and the
proportion of the total group of workers
receiving each type of increase. There
are two factors making it likely that
the effective wage adjustment will be
higher this year than last. First, the
wage increases provided for the first
year under new contracts have been
rising steadily and in 1970, as in other
recent years, will almost certainly exceed the deferred increases provided by
contracts negotiated previously. Second,
roughly half of all workers covered by
major contracts are affected by new
negotiations this year whereas negotiations last year involved only about
one-fourth of the group.
In 1969, workers whose contracts had
been negotiated in earlier years received
a deferred increase averaging 4 percent,
half the size of the first-year increase
provided by new contracts. The average
deferred increase scheduled to be received in 1970 is 4.4 percent, a little
higher than last year; contract settlements in the first quarter of 1970
provided a first-year increase averaging
8.8 percent.2
2. The figures for first-year and deferred increases, calculated by BLS, are medians rather than means. The medians
are used throughout this article, and referred to as "averages." Calculations of mean values exist only beginning with
data for 1968. The mean first-year adjustment negotiated in
1969 was 9.2 percent; in the first quarter of 1970 it was 10.8
percent.
The outcome of contract negotiations
in the remainder of the year cannot, of
course, be foretold. Workers are pressing vigorously for large increases. Economic activity has been slackening,
however, with unemployment rising and
profits falling. For the full year 1970,
the average first-year wage increase
resulting from new negotiations might
be lower than the 8.8 percent negotiated
in the first quarter—though it could
also conceivably be higher. However,
even if the outcome for the full year is
lower than that in the first quarter, the
effective wage adjustment for the union
worker group as a whole is still likely
to be greater in 1970 than in 1969.
This assessment rests on the change in
CHART 9
Wage Adjustments Established in
Collective Bargaining
Percent
10
First Year
Adjustment
Effective Adjustment
Under Current and
Past Negotiations
I960
62
64
66
68
Note.—Median annual percentage change in straight time hourly
earnings. Data based on major agreements covering 1,000 or
more workers.
U.S. Department of Commerce, Office of Business Economics
70
Data: BLS
70-5-9
SUEVEY OF CUKKENT BUSINESS
16
the "weights": in 1970, relative to 1969,
a much larger proportion of the total
group is affected by new negotiations.
Given that fact, the effective wage
adjustment for the group as a whole
will be larger in 1970 so long as the
average first-year increase negotiated
this year is even moderately larger than
the average 4% percent deferred increase
scheduled to be received.
Factors in labor9s demands
Union members are pressing strongly
for large wage gains in contract negotiations this year. The factors underlying
their interest in large gains also point
toward a particular interest in obtaining large increases in the first year of
the new contracts.
As a rule, major labor contracts have
a duration of several years, and those
up for negotiation in 1970 were therefore generally settled 2 to 3 years ago.
During the intervening period, labor
market conditions have been generally
tight and the economy has experienced
serious price inflation. Consequently,
CHART 10
Productivity and Labor Cost in the
Private Nonfarm Economy
1957-59=100 (ratio scale)
1801
Compensation Per Man-Hour
160
Output
far Man-Hour
140
L
120
x Real
,\
Compensation
/' \
Per Man-Hour .S „ .^ ,\ n
.-"
Unit Labor Cost
100
i
I960
I
i
62
i
i
64
i
i
66
U.S. Department of Commerce, Office of Business Economics
i
i
68
i
70
Data: BLS
70-5-10
May 1970
Table 1.—-Components of Effective Wage Adjustment
19 69
Number of
workers
(million)
19 70
Median
change
(percent)
Number of
workers
(million)
Median
change
(percent)
First-year adjustment negotiated during year i
2.8
8.0
5.0
*8 8
Deferred increase received during year 2 _ _
Others..
7.5
4.0
5. 0-5. 3
44
Effective wage adjustment
.7
10.8
.5
5.1
10.8
«6-6>S
*First quarter e estimate.
1. Changes in wage rates are based on all settlements (including those with no increases and with decreases) negotiated
during the year.
2. For 1970, represents increases negotiated at the time of the last settlement and scheduled to become effective during the
year; includes guaranteed cost-of-living increases. For 1969, also includes nonguaranteed cost-of-living increases.
3. Includes workers whose wage rates were unchanged because their contracts expired but were not renegotiated, or becausp
their contracts made no provision for deferred increases.
NOTE.—Except for 1970 effective wage adjustment, estimated by OBE, data are compiled by Bureau of Labor Statistics and
cover major contracts affecting 1,000 or more workers. Figures for the number of workers in the categories in 1970 are preliminary.
The component groups of workers do not sum to the total in 1969 because some workers who negotiated during the year also
received deferred increases. Wage changes are calculated on straight time hourly earnings.
workers negotiating new contracts in
1970 have an interest both in catching
up with the gains won in recent years
by other workers—both union and nonunion—and in offsetting the impact
that inflation has had on their real
incomes.
The wage gains provided by new contracts have been growing significantly.
The upward trend of first-year increases can be seen in chart 9. The
average annual wage increase over the
full term of the contract—counting
deferred increases provided by the
agreement as well as the first-year incre.as'e—has also grown in recent years:
it rose from just under 4 percent for
contracts negotiated in 1966 to almost 7
percent for those negotiated last year.
Kelatively little is known about
movements in the wage rates of the
workers not covered by major labor contracts, who account for the great bulk
of the labor force. Some data compiled
by the Bureau of Labor Statistics suggest that, in manufacturing at least,
nonunion wage rates rose somewhat
faster than union rates in recent years.
Quite possibly, in that period of generally strong labor demand, wage rates
were adjusted more frequently in nonunion establishments than in establishments working under multiyear union
contracts. Minimum wage legislation
has also been a factor in recent years
tending to raise wage rates for many
low-paying, generally nonunion, jobs.
Although workers' earnings have
been rising at a substantial rate, infla-
tion has cut heavily into the growth of
real purchasing power. The consumer
price index for the year 1969 was up
5% percent from 1968, and almost 13
percent from 1966. Averaged for the
entire private nonfarm economy, the
rise last year in hourly compensation—
including fringe benefits—was very
modest in real terms (chart 10) .3 In
the first quarter of 1970, prices were
still rising rapidly and the real value of
average hourly compensation was barely
one-half of 1 percent higher than it had
been a year earlier. Thus workers have
a strong incentive to seek gains in
money income large enough to represent
a substantial boost in real purchasing
power. It might be noted, too, that they
apparently have a renewed interest in
cost-of-living "escalator" provisions.
Rise in labor costs
The pressure of labor cost is an
important factor in the squeeze on
profits. In the private nonfarm economy
as a whole, productivity last year was
almost unchanged from 1968 but hourly
compensation was up sharply and labor
cost per unit of output rose 6% percent
(chart 10). Unit labor cost continued
to rise rapidly in this year's first quarter—as did unit nonlabor cost—and
profit margins dropped further. (The
squeeze on the profits of nonfinancial
corporations is discussed in some detail
3. Compensation per man-hour includes wages, salaries,
and employers' contributions for social insurance and private
benefit plans; estimated by BLS for all workers, including
the self-employed.
SUKVEY OF CUEKENT BUSINESS
May 1970
on page 3 of this issue of the SURVEY.)
In these circumstances, managers could
be expected to have a strong interest
in controlling costs and certainly in
resisting large wage increases. The year
may therefore prove to be one marked
by a relatively large number of strikes.
Effective
wage adjustment in 1970
It is clearly not possible at this time
to make any precise estimate of this
year's effective wage adjustment for
workers covered by major labor-management agreements. Negotiations in
the first quarter resulted in a median
first-year increase of 8.8 percent, but
the outcome of negotiations in the rest
of the year remains to be seen. Some
other relevant facts are known, however. Most of the workers not involved
in new negotiations this year are
scheduled to receive deferred wage
increases. The number of workers
(Continued from page 4)
The downward movement in credit
costs during the first quarter appeared
to be attributable in large part to a
reassessment of market expectations
that stemmed from the slackness in
business activity and from scattered
evidence suggesting some reduction in
the degree of credit restraint. In late
March, the decline in market rates was
spurred by a reduction, from 8% to 8
percent, in the prime rate, i.e., the rate
that banks charge their most creditworthy borrowers.
As is typically the case when the
direction of interest rate movements is
reversed, the change in short-term
rates was substantially greater than
that in long-term rates. Indeed, by the
end of March, most short-term rates
were down roughly l-to-1% percentage
points from their yearend levels, a
decline nearly twice that registered in
yields of U.S. Government and State
and local bonds (chart 4). The intensity
of corporate demands for long-term
credit, prevented much downward adjustment of yields on corporate bonds.
At the end of the first quarter these
yields were basically unchanged from
17
involved—between 5.0 and 5.3 million—and the average increase—4.4
percent—are known, and these facts
have an important bearing on the
likely size of the effective wage adjustment for the total group covered by
major agreements.
The deferred increase is small relative
to the first-year increases negotiated
this year and for several years past.
This results from the practice known as
front loading, coupled with the general
escalation of wage settlements in recent
years. Most contracts run for more than
1 year, and it has become typical for
them to include increases scheduled to
occur after the first year. Negotiations
in recent years have established a
pattern of front loading, in which the
deferred increases are smaller than those
provided in the contract's first year. In
1970, as in any year, the deferred increases received by workers are the
result of negotiations in previous years.
The fact that settlements have generally
become larger in the intervening period
tends to widen the gap between those
deferred increases and the first-year
increases received under new negotiations.
If it is assumed that negotiations in
1970 will result in an average first-year
increase equal to the 8.8 percent
negotiated in the first quarter, then the
median effective wage adjustment in
1970 might be on the order of 6 to
6% percent.4 The elements of the calculation by OBE are shown in table 1.
On the basis of this type of calculation,
the effective adjustment in 1970 would
exceed last year's 5.1 percent even if
the first-year increase negotiated this
year were as much as 2_to 2% percentage
points less than the 8.8 percent reported for the first quarter.
their yearend levels.
In April, conditions in money markets
were permitted to tighten a little as an
excessive generation of reserves caused
by technical factors in late March was
offset. However, the runup in interest
rates continued into a period when the
Treasury was engaged in a major financing operation. In order to facilitate
this operation, the monetary authorities
undertook large scale open market
purchases of government securities in
early May.
flotations so far in 1970 partly reflected
an accelerating demand for external
financing, as capital investment continued to expand while internal funds
declined. The first quarter also witnessed efforts by corporations to refinance short-term debt by issuing longer
maturities. In addition to attempts to
lengthen maturity structures, the decline in the demand for short-term
credit also reflected the slowing in
inventory accumulation.
The volume of new tax-exempt State
and local government bond issues
moved up sharply in early 1970. As in
the case of corporations, a substantial
portion of the growth in tax-exempt
issues reflected a partial refinancing of
the unprecedented volume of shortterm debt incurred during the credit
stringency of 1969.
Net borrowing by the Federal government was moderate during the first
quarter of 1970, but an increase marked
the reversal of the experience in 1969,
when substantial budget surpluses led
to a large reduction in Federal debt
held by the public. Also, the debt of
government-sponsored credit agencies
continued to expand rapidly.
Credit demands continue strong
Despite the slower pace of economic
activity in the opening months of 1970,
credit demands have remained very
heavy, and the volume of funds raised
in financial markets was roughly the
same as in the closing quarter of last
year. Borrowing by the household sector eased a little as there was a slackening in both the growth of outstanding
consumer credit—especially automobile
paper—and mortgage debt. The other
major borrowing groups generally
raised more funds in the first quarter
than in the fourth.
The striking rise in corporate bond
4. An estimate by OBE based on mean rather than median
data results in an effective wage adjustment in 1970 of about
7J-6 percent, compared with 6^3 percent in 1969.
18
Slight easing of credit policy
The monetary authorities moved
cautiously in the early months of 1970
to moderate somewhat the severity of
credit restraint. The Federal Eeserve
System has indicated that the goal in
1970 is to pursue a course in monetary
policy that avoids a new outbreak of
excess demands or an intensification of
the slowdown in economic activity. The
authorities have stated that restraint
as severe as that in the latter half of
1969 could not continue without incurring the cost of excessive unemployment and a major shrinkage in the
Nation's output; on the other hand, it
is equally important to avoid a stimulus
to spending that would lead to a reemergence of excess demands. Within
the narrow bounds defined by these
constraints, the stance of monetary
policy has shifted somewhat in the
early months of 1970 and the path of
most monetary aggregates has turned
to expansion.
SUEVEY OF CUKEENT BUSINESS
Improved savings flows to nonbank
institutions
A significant aspect of the decline
in short-term market interest rates
after the turn of the year was that it
helped improve the competitive position of institutions seeking to attract
time deposits. In addition, the ceilings
on the rates that such institutions may
pay were raised in late January, and
the attractiveness of time deposits
was probably also improved for certain
investors by the recent increase to
$10,000 in the minimum purchase
allowable in the weekly Treasury bill
auction.
Since January, the flow of savings
into nonbank depositary intermediaries
has moved up noticeably, after having
declined markedly during the severe
credit stringency of 1969. In February
and March, the net flow of savings to
savings and loan associations averaged
May 1970
a little more than $% billion, seasonally
adjusted, as compared with virtually
no growth in the preceding 6 months.
Preliminary data indicate that the
S & L's recorded further savings gains
in April. Mutual savings banks exhibited a basically similar pattern of
improved savings flows in recent
months.
The recent increase in the investible
resources of savings and loan associations was used to improve their liquidity position, rather than to step
up mortgage lending activities. These
institutions halted their liquidation of
U.S. Government securities which had
marked the past year, and slowed the
pace at which they borrowed from the
Federal Home Loan Banks. Also, the
mutual savings banks did not step up
their mortgage lending activities; the
bulk of their first quarter gain in investible funds was used to purchase
corporate securities.
Table 2.—Sources and Uses of Funds, Nonfarm Nonfinancial Corporate Business, 1967-69
(Billion dollars)
1969
Bank credit up
With monetary policy a little easier
in the early months of this year, the
expansion in commercial banks' earning
assets accelerated. Total loans and investments, adjusted to include an
estimate of loans sold by banks, grew
in the first 4 months of 1970 at a
seasonally adjusted annual rate of about
3% percent, more than twice the rate in
the second half of 1969. The growth of
the loan component of bank credit
slowed, however, and the investment
component accounted for the bulk of
the gain in earning assets.
Banks once again became net buyers
in the market for tax-exempt securities.
During the first 4 months of 1970, they
added $3 billion to their portfolios of
tax-exempts, after making a net reduction of more than $1 billion during
the last half of 1969. Banks also slowed
their runoff of Federal Government
securities; in March and April they
made moderate net additions to their
holdings, of these assets.
1967
1968
1969
I
II
III
IV
Seasorlally adjus ted at annttal rates
Sources total
Internal sources *
Undistributed profits i.
Corporate inventory valuation adjustment...
Capital consumption allowances l
External sources
Stocks
Bonds
Mortgages..
Bank loans, n.e.c
Other loans. _ . _
Trade debt
Profits tax liability..
Other liabilities
..
.
Uses, total
Purchase of physical assets.
Nonresidential fixed investment
Residential structures
Change in business inventories
Increase in financial assets
Liquid assets. _
Demand deposits and currency
Time deposits
U.S. Government securities
Open-market paper
State and local obligations
Consumer credit
Trade credit
Otherfinancialassets .
Discrepancy (uses less sources)
>
94.2
110.4
118.8
119.6
122.1
122.5
109.3
61.2
63.1
62.7
63.0
62.7
63.8
61.2
21.2
-1.1
41.2
22.0
-3.2
44.3
20.9
-5.6
47.4
23.0
-6.1
46.0
22.0
-6.2
46.9
19.7
-3.7
47.8
18.8
-6.2
48.7
33.0
47.3
56.1
56.6
59.4
58.7
48.1
2.3
14.7
4.5
6.4
1.4
2.6
-4.1
5.2
-.8
12.9
5.8
9.6
3.6
5.7
3.7
6.9
4.3
12.1
4.4
10.9
6.2
10.9
.8
6.5
.1
14.6
5.6
12.8
5.2
7.9
5.6
5.0
2.4
12.5
4.2
14.0
9.0
14.7
-3.9
6.5
5.6
10.5
3.5
9.3
8.8
13.4
.8
6.7
9.1
10.7
4.1
7.3
2.0
7.1
.5
7.4
86.0
103.5
113.3
114.6
113.1
105.1
90.8
90.2
78.6
2.4
9.7
79.7
3.6
6.9
111.7
72.5
76.9
87.5
84.0
85.0
63.8
2.2
6.4
68.0
2.3
6.5
77.2
2.9
7.4
74.6
3.2
6.1
75.7
2.3
7.0
13.5
26.6
24.2
29.3
29.6
22.3
14.9
-3.0
-1.7
-10.8
-3.8
13.1
.2
1.4
18.5
5.4
-.6
-1.1
-5.6
-4.9
7.2
3.7
.7
14.1
.8
-9.4
-4.2
.0
-2.2
4.1
-3.1
1.5
-.4
9
8.8
3.8
10.1
1.3
2.2
1.8
4.5
.4
1.7
14.8
.1
2.3
.5
-7.8
-1.4
8.7
2.3
1.3
17.3
3.4
8.0
3.8
-7.2
6.1
2.9
2.4
1.6
18.3
1.3
4.2
.7
-7.6
-3.2
11.7
2.7
.9
18.2
6.2
-8.2
-6.9
-7.0
-6.3
-7.5
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 9 (p. 11 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 of corresponding U.S. remittances to foreigners; and (2) these figures exclude and the gross product figures include, the internal funds of corporations
whose major activity is farming.
Source: Board of Governors of the Federal Reserve System.
By JOHN A. GORMAN
The Relationship Between Personal Income
and Taxable Income
Taxable income of individuals has
grown much faster than the OBE
personal income measure over the past
two decades, but the differential was
not due to the fact that personal income
differs conceptually from the income
subject to Federal tax. This article
outlines the relationship between the
two magnitudes and indicates the
factors accounting for the difference
in growth rates.
JL ERSONAL income is calculated by
the Office of Business Economics as a
measure of the current income received
by persons from all sources. In this
context, "persons" are defined to consist not only of individuals but also
nonprofit institutions and private trust
and welfare funds. In addition to incomes arising from production, the
estimate of personal income includes
transfers from government and business; it also includes substantial
amounts of imputed income in addition
to that received in money form.
Personal income is not a measure of
the income subject to the Federal personal income tax, because it includes
some income not subject to the tax—
such as most transfers and the income
of nonprofit institutions—and excludes
some items that are subject to taxation—such as realized capital gains.
Adjustment of personal income for
these and other conceptual differences
yields an estimate of the total adjusted
gross income (AGI) of taxable and nontaxable individuals. That estimate of
total AGI differs from taxable income
as compiled by the Internal Revenue
Service from individuals' tax returns.
The difference consists of deductions, rate than personal income in the period
exemptions, the AGI reported on non- 1947-68, that divergence was basically
taxable returns, and the estimated not due to the conceptual difference
amount of unreported taxable and non- between personal income and AGI.
taxable AGI. This article presents Rather, it was principally due to the
7
annual data, for the period 1947-68, slow growth in taxable individuals
showing the relationship between the exemptions and in nontaxable and
OBE personal income estimate and nonreported incomes which more than
taxable income, that is, the figure to offset the rapid growth in taxable
which the tax rate structure is applied individuals' deductions. Thus, an ever
in determining personal income tax increasing share of estimated total
liability. The relationship is traced in AGI—and of personal income—flowed
through into reported taxable income.
table I.1
In 1968, the ratio of personal to
taxable income was 51 percent, up
Faster growth of taxable income
from
39% percent in 1947.
Lines 2 and 3 of table 1 summarize
the various subtractions from and additions to the OBE estimate of per- Rapid growth of deductions
sonal income that are necessary to
Aggregate deductions of taxable inarrive at an income measure conceptu- dividuals grew faster than AGI
ally equivalent to "adjusted gross in- throughout the 1947-68 period. Before
come" as defined for purposes of 1960, the increase in deductions was
Federal income taxation. These items largely due to a very fast rise in
are discussed in more detail at the end itemized deductions. The growth rate
of this article. After the various sub- of itemized deductions slowed in the
tractions and additions are made, the more recent period, but still subresulting magnitude (line 5) is the OBE stantially exceeded the growth rate
estimate of adjusted gross income of of the amount claimed under the
all individuals, both taxable and non- standard deduction. This was so, even
taxable.
though standard deductions received
The OBE estimate of total AGI a marked boost in 1964 by the introshows a growth path over time very duction by the Revenue Act of 1964
similar to that of personal income. of the minimum standard deduction
Thus, although individuals' taxable calculation, which induced a significant
income rose at a significantly faster number of taxpayers to forgo itemizing.
Exemptions grow slowly
1. The data in table 1 extend forward and make some
revisions in the series published in William H. Waldorf, "The
Responsiveness of Federal Personal Income Taxes to Income
Change," SURVEY OF CURRENT BUSINESS, December 1967.
The revisions affect most of the data for 1965. For earlier
years, the revisions affect certain of the items that are counted
in personal income but excluded from adjusted gross income;
the affected items are in lines 2(b) and 2(d) of table 1.
In contrast to deductions, the growth
of aggregate personal exemptions was
quite slow. From 1948 onward, the
personal exemption was stable at $600.
Thus, growth of the aggregate was
19
SUEVEY OF CUEEENT BUSINESS
20
largely limited by the growth of the
population eligible for the exemption.
In the past decade, the effect of a
marked slowing in births has been only
partly offset by an accelerated rise in
the number of persons aged 65 or over
and thus eligible for an additional
exemption. Over the next few years,
however, faster growth of aggregate
exemptions can be expected as a result
of the Tax Reform Act of 1969, which
provides for increasing the personal
exemption to $750 by 1973.
Nontaxable and nonreported income
The exemptions and deductions of
taxable individuals account for the
difference between taxable income (line
11, table 1) and the AGI of taxable
individuals as compiled by IES (line
8). The latter measure differs from the
OBE estimate of total A GI of all individuals (line 5) by the amount of
reported but nontaxable AGI plus the
CHART 11 estimated amount of nonreported AGI.
These magnitudes are shown on lines
Personal and Taxable Income
6 and 7 of table 1.
Taxable income has risen faster than personal income
As a result of the growth of money
incomes—reflecting
both real growth
Billion $ (ratio scale)
and inflation—there was little net
8001
expansion from 1947 to 1968 in the
600
Personal tome, OBE
aggregate amount of AGI reported on
400
nontaxable returns (i.e., returns showing AGI equaled or exceeded by exemptions, deductions, and/or tax
Adjusted
credits). Consequently, reported but
200
Gross Income
OBE Estimate
nontaxable AGI dropped from 8^
V
percent of OBE's estimate of total
Taxable Income of
Individuals, IRS
AGI in 1947 to only 2% percent in
100
1968.
80
The amount of nonreported income,
i
i
i
i
i
i
i
i
i
i
I
i
i
i
i
i
i
i
i
i
i
i
I
60
as estimated by OBE, grew very slowly
lid growth in deductions...
over the two decades, and its share in
100
estimated total AGI also declined—
80
from
12% percent in 1947 to 7^ perDeductions of Taxable
60
cent
in
1968. Because of various imIndividuals, IRS
perfections
in the data and the esti40
mating techniques, the estimate of
nonreported income should not be used
as the indicator of noncompliance.
20
/
\
May 1970
One source of possible error in the
estimates is the OBE measure of personal income, which is of course itself
subject to error. Another factor, which
tends to inflate the estimate of nonreported AGI, is that the estimate includes some incomes that were not reported because they were received by
persons with incomes below the filing
requirement. Another consideration is
that the data presented in this article
are based in part on tax returns as filed,
and thus reflect not only nonreporting
but also errors and differences of opinion
which are subsequently rectified
through the auditing and appellate
procedures provided by law. While no
precise measure is available of the
amounts involved, it is probable that
final data would show a smaller degree
of noncompliance than that suggested
by the estimates of nonreported income
presented here.
On the other hand, it was necessary
in deriving OBE's estimate of total
AGI to use tax-return data for the
items (such as the taxable portions of
capital gains and taxable pensions) included in A GI but not in personal income. This procedure, wjiich was necessary in the absence of independent data,
involves the implicit assumption that
all such incomes are reported; it thus
presumably puts a downward bias on
the estimates of nonreported income
and of the ratio of nonreported income
to total AGI.
10
has been more than offset by slow growth in
exemptions and untaxed income
Conceptual Differences Between Personal
Income and Adjusted Gross Income
200
100
Personal Exemptions of Taxable
Individuals, 188
80
Subtractions from personal income
\
60
40
Nontaxable and Nonreported
Adjusted Gross income, IRS & OBE
20
1947
50
55
60
U.S. Department of Commerce, Office of Business Economics
65
70
Line 2 of table 1 shows the estimated
amount of personal income that is
either not taxable or taxable on a
different accounting basis than that
used in recording personal income.
Transfer payments are the largest of
the items included in personal income
but excluded from adjusted gross in-
come. The excluded amount comprises
all types of transfers except military
retirement pay. Most of the personal income component called "other labor
income" is also excluded from adjusted
gross income. The excluded amount
consists largely of employer contributions to private pension and welfare
funds and compensation for injuries.
May 1970
The imputed incomes deducted from
personal income include wages paid in
kind, the rental value of owner-occupied
housing, food and fuel produced and
consumed on farms, and the value of
interest imputed to depositors in financial intermediaries, holders of life insurance policies, and participants in noninsured pension funds.
The other items subtracted from
personal income include income not
received by individuals, income excluded by law from AGI, and allowances for differences between the way
incomes are reported in personal and
in adjusted gross income. Personal
income not received by individuals
comprises income retained by fiduciaries, that is, not distributed to beneficiaries, and property income received
SUEVEY OF CUERENT BUSINESS
21
by nonprofit institutions serving households. In 1968, these items had estimated values of about $3% billion and
more than $!}£ billion, respectively.
The items included in personal income but legally excludable from AGI
are as follows, with their amounts in
1968: excluded sick pay, business expenses, moving expenses, and contributions to self-employed retirement
plans, $5% billion; tax-exempt military
pay and allowances, $3% billion; excluded dividends, $1 billion; tax-exempt
interest, $1 billion; and tax-exempt
dividend distributions, $% billion. The
accounting differences between personal income and adjusted gross income
involve the treatment of such items as
depreciation on tenant-occupied residential properties and farms; gains on
the sale of livestock, timber, and certain
real estate developments; savings bond
interest; depletion charges on mineral
production; and other items.
Additions to personal income
Of the items included in AGI but not
counted in personal income, the fastest
growth rate was shown by personal
contributions for social insurance. The
sharp rise in these contributions reflected increases in the contribution
rate, increases in the maximum income
level subject to contribution, and extension of the social security system to
broader classes of workers. The other
items not counted in personal income
but included in AGI include realized
capital gains, the taxable portion of
annuities and pensions, and a host of
miscellaneous items such as prizes,
awards, gambling winnings, and so
forth.
Table 1.—Reconciliation Between Personal Income and Taxable Income, 1947-68
[Billions of dollars]
1947
1. Personal income (OBE)
2. Subtract: Portion of personal income
not included in adjusted gross
income
(a) Transfer payments (except
military retirement pay)
(b) Other labor income (except
fees and military reserve
pay)
(c) Imputed income
(d) Other types of personal
income _ _ _
3. Add: Portion of adjusted gross income
not included in personal income
(a) Personal contributions for
social insurance
(b) Net gain from sale of capital
assets
__ __
(c) Other types of income
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
191.3 210.2 207.2 227.6 255.6 272.5 288.2 290.1 310.9 333.0 351.1 361.2 383.5 401.0 416.8 442.6 465.5 497.5 538.9 587.2 629.4
687.9
25 3
31 2
30 0
34 0
36 7
40 1
41 6
47 5
50 0
52 5
58 7
65 9
68 6
73 1
78 7
82 9
88 5
93 2 102.7 111.1 124.7
137.3
11.6
11.0
12.1
14.9
12.2
12.7
13.6
15.6
16.9
18.0
20.9
25.1
26.0
27.8
31.6
32.4
34.3
35.5
50.2
57.2
21
87
24
9 3
27
9 5
34
10 7
4 4
12 5
4 9
14 0
55
15 3
58
16.2
67
16 8
7 6
17 5
86
18 4
89
19 6
10 3
20 7
10 9
21 9
11 6
22 7
12 8
23 6
13 7
25.6
15.3 17.4
27.7 29.8
19.2 20.4
32.1 34.5
22.5
37.2
2.9
8.5
5.7
5.0
7.6
8.5
7.2
9.9
9.6
9.4
10 8
12.3
11.6
12.5
12.8
14.1
14.9
14.7
16.8
17.3
19.5
20.4
38.6
42.5
5.8
6.2
6.0
7.9
8.9
8.5
8.4
10.3
12.5
13.4
14.1
15.6
18.4
18.1
21.2
20.4
23.2
27.2
30.8
35.1 41.0
48.4
2.1
2.2
2.2
2.9
34
3.8
4.0
4.6
52
58
67
69
7.9
9.3
9.6
10.3
11.8
12.5
13.4
17.7
20.6
22.6
2.2
1.5
2.2
1.8
1.6
2.2
2.9
2.1
3.0
2 5
2.5
2.2
2.1
2.3
3.4
2.3
4.8
2.5
4.6
30
3.5
39
4.3
4.4
6.3
4.2
5.3
3.5
7.6
4.0
5.8
4.3
6.4
5.0
7.9
6.8
10.2
7.2
9.9
7.4
13.7
6.7
17.8
8.1
4. Subtotal: Total adjustments for conceptual differences (2-3)
_
_ _ . 19.5
25.0
24.0
26.1
27.8
31.6
33.2
37.2
37.5
39.1
44.6
50.3
50.2
55.0
57.5
62.5
65.3
66.0
71.9
76.0
83.7
88.9
5. Equals: Adjusted gross income of all
individuals, estimated from personal
income (OBE)
171.8 185.2 183.2 201.5 227.8 240.9 255.0 252.9 273.4 293.9 306.5 310.9 333.3 346.0 359.3 380.1 400.2 431.5 467.0 511.2 545.7
599.0
6. Subtract: Adjusted gross income re-1
ported on nontaxable returns (IRS) . 14.4
7.
Nonreported adjusted gross
income, (5-6-8)
22.1
17.4
16.1
40.9
44.6
8. Equals: Adjusted gross income
of
taxable individuals (IRS) 2
135.3 142 1 138 6 158 5 183 2 196 6 210 5 209 7 229 6 249 6 262 2 262 2 287 8 297 2 311.3 330.6 350.4 376.0 409.3 450.2 487.4
538.3
9. Subtract: Deductions of taxable individuals
(a) Standard deductions
(b) Itemized deductions
21.5
21.6
22.0
22.6
20.6
22.4
19.2
25 4
18.7
25.6
18.2
26.3
19.5
23.7
18.9
24 9
18.2
26 1
18.2
26 1
19.0
29.7
17.3
28.2
18.3
30.5
18.6
29.4
18.1
31.4
18.4
31.4
20.7
34.8
19.9
37.8
74.0
17.6
56.5
83.7
17.9
65.9
96.2
99.1
102.7
99 2 107 2 114 3 115 2 127 9 141 4 149 2 149 2 166 4 171 5 181 6 195.0 208.6 229.3 254.3 285.5 314.3
351.9
16 4
9.5
6.9
16 8
9.1
7.7
19 0
10.1
8.9
22 6
11.7
10.9
24 9
12.2
12.7
27 3
12 8
14.5
27 5
11.6
15.9
30 5
12.0
18.5
33 6
12 6
21 0
36 2
12 3
23 9
37 2
11.7
25.5
41 7
12.1
29.6
44 5
11.7
32.8
47 2
11.6
35.6
50 5
11.8
38.7
54 5
11.9
42.6
58 4
14.8
43.6
Personal exemptions of
taxable individuals2
44.3
50 9
50 1
55 2
61 4
64 5
68 9
67 0
71 2
74 6
76 8
75 8
79 7
81 2
82 5
85.1
87.4
88.3 91.9
11. Equals:2Taxable income of individuals
(IRS)
75.4
74 8
71 7
84 3
1. Net of deficits.
2. Figures published by IRS in Statistics of Income for 1951,1952, and 1953 have been reduced
by the amount of income, and exemptions reported on returns showing self-employment tax
but no inc9me tax liability; this has been done in order to improve comparability with data
published in Statistics of Income for subsequent years.
42.7
63.1 68.4
15.7 17.1
47.4 51.2
15 6
8.5
7.1
10.
18.3
NOTE.—A more detailed reconciliation between personal income and OBE's estimate of
adjusted gross income (lines 1 and 5) is available on request.
Sources: U.S. Department of Commerce, Office of Business Economics,and U.S. Treasury
Department.
By REGIONAL ECONOMICS DIVISION STAFF
Personal Income in Metropolitan and
Nonmetropolitan Areas
During the 1950's, the mechanization
of farming and the rural-to-urban migration caused personal income in nonmetropolitan areas to grow at a much
slower rate than in metropolitan areas.
In the 1960's, the effects of these two
factors abated, and income growth in
nonmetropolitan
areas
accelerated
rapidly. Mainly because of this, the
nonmetropolitan*metropolitan
difference in the rate of growth of personal
income has been substantially reduced.
JL HE tables accompanying this article
update and continue OBE's metropolitan area income series first introduced
in the May 1967 issue of the SURVEY.
Preliminary estimates of total and per
capita personal income are presented for
metropolitan areas (SMSA's) and for
the sum of nonmetropolitan areas (nonSMSA's) in each major region in 1968.
Minor revisions have been made in the
previously published estimates for some
areas for selected years, 1929-67, but
the annual revisions introduced into the
national accounts for 1965-67 have not
yet been incorporated. Personal income
is shown for each SMSA on a wherereceived basis as well as on a whereearned basis. The concepts and
NOTE.—The SMSA estimates were prepared
by Kenneth Berkman, Michael Carrol, Vivian
Conklin, Francis Dallavalle, Linnea Hazen,
Gordon Lester, Mary Olson, Elizabeth Queen,
William Reed, Marian Sacks, Victor
Sahadachny, and Maurice Schlak.
methodology underlying the SMSA income series are outlined in the notes to
the accompanying tables. They were
discussed at somewhat greater length
in the May 1969 SURVEY, and a statement on sources of data and methods
of estimating is available on request.
Availability of unpublished data
A large amount of information is now
available about local area income by
type and by industry of origin. A sample of the detail available is shown on
page 36. Comparable tables are available for any SMSA and for most of the
2,630 non-SMSA counties. Also, counties can be grouped in any specified
combination. The cost of special tabulations is computed at $10 per area (SMSA
or county) for table 5.00 (on page
36) plus $1 per area for each of tables
5.01-5.07. Address requests for tabulations to the Regional Economics Division, Office of Business Economics,
Washington, D.C. 20230, specifying the
area and tables desired. A cost estimate will be issued immediately.
Personal income earned in nonmetropolitan areas grew from 1959 to 1968
at an average annual rate of 6.6 percent,
compared 10 a 6.7 percent growth rate
in metropolitan areas. As can be seen
in the table below, the near equality in,
rates of income growth in SMSA's and
non-SMSA's in the 1960's contrasts significantly with the experience of the
1950's. From 1950 to 1959, personal income in SMSA's increased 6.5 percent
per year—about the same as in the
1959-68 span—but income in nonSMSA's grew at an average rate of only
4.8 percent.
Effect of farm income
The comparatively slow growth of
non-SMSA income during the 1950's
stemmed from two major interrelated
factors. First, personal income derived
from farming declined substantially
over that span whereas income from all
other major industries was scoring good
gains. The growth in the service industries was especially rapid. The decline
in farm income reflected in large part a
rapid increase in mechanization of farm
operations and a consequent shrinkage
in the share of value added received by
labor—self-employed and hired—which
is the principal component of personal
income.
The weakness of the agricultural sector in the 1950's had an especially large
impact on overall income growth in nonSMSA's because farm income accounted
for 20 percent of total income in nonSMSA's in 1950, but for only 2 percent
in SMSA's. Moreover, the decline in
farm income limited the gains in supAverage Annual Rates of Change in Personal
Income
1959-68
1950-59
Region
SMSA's
NonSMSA's NonSMSA's
SMSA's
6.5
4.8
6.7
6.6
New England
Mideast
5.6
5.6
5.6
5.3
6.5
6.2
6.5
6.4
Great Lakes
Plains
5.9
6.3
5.0
2.9
6.3
6. 3
6.5
6.2
Southeast
Southwest
7.5
7.4
5.0
4.9
7.6
7.6
7.6
5.6
Rocky Mountain. _
Far West
8.0
8.3
4.3
5.0
6.8
7.3
4.8
5.9
United States
NOTE.—Compound annual growth rates from initial to
terminal year.
SUKVEY OF CUEEENT BUSINESS
May 1970
porting industries such as trade and
service; this, in turn, further retarded
the rise in total income in non-SMSA's.
The direct effect of the decline in farm
income on total income growth in
SMSA's and non-SMSA's can be seen
by comparing the growth of total and
nonfarm earnings in the two types of
areas from 1950 to 1959.
Percent Change in Earnings, 1950—59
SMSA's
Total earnings
_ .. .
Nonfarm earnings
NonSMSA's
76
49
78
71
A second factor in the lag of nonSMSA income in the 1950's was the
tremendous shift of population from
non-SMSA's to SMSA's. This was
partly a result of the decline in farm
earnings, but also reflected social pressures, greater mobility, and other factors. The population of non-SMSA's
rose only 4 percent in the period, while
that of SMSA's increased 25 percent.
In the Plains, Southeast, and Southwest
regions, non-SMSA population was unchanged or down slightly, while in the
Eocky Mountain region it rose only
5 percent. This shift of population
caused a concomitant shift in most
types of nonfarm income, thus further
curtailing total income expansion in
non-SMSA's.
Differentials narrow in 1960's
There was a substantial narrowing
of the metropolitan-nonmetropolitan
growth rate differential in the 1959-68
period, as income in non-SMSA's increased much more than that in
SMSA's. As in the earlier decade, developments in farm income continued to
hold the national rate of income growth
in non-SMSA's below that in SMSA's.
23
However, the effect of farm income activity helped to eliminate the SMSAbehavior was much milder for two non-SMSA growth rate differential in
reasons. First, although farm income the Southeast. They contributed also to
grew far less rapidly than nonfarm the large income growth in SMSA's,
income, it did not show an absolute giving that region the top income
decline as in the earlier period. Sec- growth rate in the Nation.
ondly, farm income in 1959 was only
half as important an income source in Per capita income
Postwar economic developments in
non-SMSA's as it had been in 1950.
non-SMSA's
had significant effects on
Another factor helping to close the
changes
in
per
capita income. Nongrowth-rate gap between the two types
of areas in the 1960's was the faster SMSA's, regardless of geographic locarate of nonfarm income growth in non- tion, are generally characterized by
SMSA's than in SMSA's. Earnings lower-than-average incomes. However,
derived from manufacturing grew much for all non-SMSA's combined, there
faster in non-SMSA's than in SMSA's, has been improvement in this respect.
though this was partly offset by a lag in Despite the very slow growth in their
the trade and service industries. This lag total income during the 1950's, the net
was mainly a reflection of the smaller outmigration of population brought
retail markets for goods and services about a continuing improvement in
in non-SMSA's resulting from the slow their relative per capita income. From
growth in farm income and population. 61.5 percent of the SMSA average in
The narrowing of SMSA-non-SMSA 1950, per capita income in non-SMSA's
growth rate differentials in the 1960's climbed to above 64 percent of the
was not uniform regionally. In the SMSA average in 1959. There was a
Southwest, Eocky Mountain, and Far further improvement in the relative
West regions, income growth in non- income status of the non-SMSA's in
SMSA's continued to lag significantly; the 1960's. By 1968, their average per
in the other five regions, growth rates capita income had risen to more than
in SMSA's and non-SMSA's were about 67 percent of the SMSA average.
In large measure, the improvement
the same.
The largest acceleration in non-SMSA in non-SMSA per capita income reflects
income occurred in the Plains, although the experience of the Southeast. In that
the total income growth rate in that region, which accounts for more than
region was one of the slowest in the 25 percent of all non-SMSA income,
Nation. In the 1950's, income in non- per capita income in non-SMSA's
SMSA's in the Plains rose at an average moved up significantly in both the
rate less than half that in the region's 1950's and 1960's. The experience elseSMSA's. Growth in non-SMSA's caught where was varied. In the Eocky
up in the 1960's, so that there was Mountain, Far West, and Mideast
virtually no differential. The strength- regions, per capita incomes in nonening of income growth in the region's SMSA's declined relative to the national
non-SMSA's was mainly the result of a average in both decades. In New
good recovery in farm income from the England and the Great Lakes, they
unusually depressed conditions of 1959, rose somewhat. In the Plains and
and a large gain in manufacturing Southwest, per capita incomes declined
relatively in one period and advanced
earnings.
Manufacturing and government— in the other, mainly reflecting the
both Federal and State and local— fluctuating fortunes of agriculture.
SURVEY OF CURRENT BUSINESS
24
May 1970
Table 1.—Personal Income, by SMSA's and
Total personal income, where earned
Millions of dollars
Line
1929
1 Total United States l
Sum of all SMS A counties
2
Sum of all non-SMSA areas
3
4
5
6
7
8
9
10
11
12
13
New England: 2 3
Boston Mass
Bridgeport-Norwalk-Stamford, Conn..
Burlington Vt
Fall River-New Bedford Mass
Hartford-New Britain Conn
Lewiston-Auburn, Maine
Manchester, N.H
New Haven-Waterbury-Meriden Conn
New London-Groton-Norwich, Conn
Pittsfield, Mass
14
15
16
17
18
19
Portland Maine
Providence-Pawtucket-Warwick, R.I
Springfield-Chicopee-Holyoke Mass
Worcester-Fitchburg-Leominster, Mass
Sum of S MSA's
Non-SMSA area
20
21
22
23
24
25
26
27
28
29
Mideast:
Albany-Schenectady-Troy N Y
Allentown-Bethlehem-Easton, Pa -N.J
Altoona, Pa
Atlantic City, N.J
_
_ _
Baltimore, Md
Binghamton, N.Y.-Pa
Buffalo, N.Y
Erie Pa
Harrisburg, Pa
Jersey City N J
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
.
-
-
---
_ -
-
Johnstown, Pa
Lancaster, Pa
New York, N Y
Newark, N.J
Paterson-Clifton-Passaic N J
Philadelphia, Pa.-N.J
.
Pittsburgh Pa
Reading, Pa
Rochester N Y
Scran ton Pa
-
-
-
__
- -
Syracuse, N.Y
Trenton, N.J
Utica-Rome, N.Y
Vineland-Millville-Bridgeton, N J
Washington, D.C.-Md.-Va
Wilkes-Barre-Hazleton Pa
Wilmington Del -N J -Md
York, Pa
Sum of SMSA's
Non-SMSA area
Great Lakes:
Akron, Ohio
Anderson Ind
Ann Arbor, Mich
Bay City, Mich
Bloomington-Normal, 111
Canton Ohio
Champaign-Urbana, 111
Chicago, 111
Cincinnati Ohio-Ky -Ind
Cleveland, Ohio
- - - -
_.
-
- -
-
_-
- - - - __ _ _
60
61
62
63
64
65
66
67
68
69
Columbus, Ohio
Davenport-Rock Island-Moline, Iowa-Ill
Dayton, Ohio
Decatur 111
Detroit Mich
Evarisville, Ind.-Ky
Flint, Mich
Fort Wa yne Ind
Gary-Hammond-East Chicago, Ind
Grand Rapids, Mich
70
71
72
73
74
75
76
77
78
79
Green Bay Wis
Hamilton-Mid dletown, Ohio
Indianapolis, Ind
Jackson, Mich
Kalamazoo, Mich
Kenosha, Wis
Lafayette-West Lafayette, Ind
Lansing, Mich
Lima, Ohio
Lorain-Elyria, Ohio
80
81
82
83
84
85
86
Madison, Wis
Mansfield, Ohio
Milwaukee, Wis
Muncie Ind
Muskegon-Muskegon Heights, Mich
Peoria, 111
.
Racine Wis
Se e footnotes at end of table.
..
- - _..
...
_
_
-
-- -
--
-- - .. ... - ...
_
.
-
1940
1950
1959
1962
1965
1966
1967
1968
85,803
64,975
20,829
78,122
58,767
19,355
226,197
165,065
61,132
382,840
290,053
92,788
440,190
332,700
107,490
534,816
404,167
130,649
580,483
438,321
142,162
625,068
473,801
151,267
683,702
519,208
164,494
2,750
418
32
251
467
45
113
449
88
94
2,330
374
28
237
458
43
98
430
88
88
5,079
921
72
591
1,137
112
246
993
233
215
8,343
1,716
138
787
2,015
163
402
1,704
456
320
9,593
2,076
162
901
2,351
175
478
1,964
534
387
11,327
2,452
201
1,017
2,866
193
558
2,362
687
418
12, 185
2,712
243
1,102
3,176
215
622
2,527
772
453
13, 313
3,026
278
1,187
3,489
230
694
2,731
792
494
14, 574
3,347
321
1,290
3,814
255
765
2,921
787
536
112
532
322
374
6,047
1,004
100
476
290
359
5,398
908
219
1,109
752
879
12,558
2,297
387
1,542
1,189
1,253
20,416
3,732
431
1,759
1,306
1,427
23,545
4,281
503
2,054
1,566
1,692
27,894
5,150
529
2,217
1,675
1,813
30,240
5,574
580
2,424
1,775
1,921
32,933
6,057
629
2,613
1,933
2,080
35,866
6,577
493
313
88
105
970
137
867
133
198
586
436
274
79
77
962
129
790
120
191
517
961
738
183
186
2,477
340
1,927
363
496
1,130
1,494
1,112
252
307
4,114
616
3,177
500
831
1,631
1,708
1,271
269
370
4,748
706
3,336
562
898
1,845
2,043
1,538
318
414
5,779
810
3,958
711
1,075
2,027
2,194
1,645
338
443
6,279
868
4,202
773
1,169
2,156
2,368
1,752
358
488
6,748
933
4,471
816
1,289
2,314
2,558
1,913
388
537
7,436
1,011
4,838
880
1,401
2,507
162
132
10, 614
1,329
545
3,035
1,804
181
495
196
152
123
8,603
1,182
536
2,556
1,525
157
457
143
343
375
20, 285
2,809
1,504
6,342
3,708
411
1,080
316
430
609
32, 235
4,724
2,840
10,699
5,721
599
1,934
418
465
681
37, 152
5,515
3,342
11, 982
5,978
664
2,176
462
550
816
43,404
6,667
4,052
13, 994
7,079
805
2,668
532
586
887
46,293
7,123
4,355
15, 256
7,594
870
2,931
571
617
945
50, 202
7,658
4,730
16, 515
8,050
936
3,219
633
665
1,009
54,858
8,327
5,201
17,933
8,755
1,021
3,489
682
337
160
192
44
773
287
244
129
24,549
3,079
289
171
165
45
1,081
209
271
118
21,360
2,716
729
435
420
135
3,061
489
652
381
52,276
7,606
1,228
746
706
242
5,449
581
1,177
598
84,970
12,090
1,444
807
770
286
6,601
625
1,361
672
96,694
13,726
1,657
1,007
874
321
8,595
738
1,791
795
115,019
16,580
1,810
1,078
956
349
9,363
799
1,893
857
123,638
17,910
1,953
1,148
1,024
370
10, 161
873
1,969
937
133,475
19,439
2,084
1,235
1,114
406
11, 320
944
2,110
1,034
145,655
21,033
305
50
50
39
47
183
44
5,467
857
1,340
282
54
51
38
41
168
41
4,216
705
1,146
801
170
243
122
113
469
170
10,836
1,759
3,051
1,422
308
441
194
175
767
281
17, 938
3,138
5,164
1,545
351
536
198
215
817
328
20, 191
3,411
5, 580
1,849
423
733
262
265
1,019
413
24, 236
3,907
6,869
1,977
442
814
288
292
1,096
486
26, 202
4,272
7,395
2,098
457
880
307
329
1,150
530
28, 134
4,589
7,798
2,345
497
995
334
342
1,250
542
30,364
5.098
8,628
357
173
295
61
2,230
96
170
124
224
237
315
172
294
53
2,144
105
156
115
237
194
947
509
981
163
6,080
315
531
346
724
634
1,807
800
1,795
288
9,452
439
981
569
1,383
1,046
2,033
849
2,011
313
10, 299
487
1,128
686
1,499
1,162
2,422
1,048
2,493
395
14, 215
629
1,614
870
1,887
1,454
2,624
1,155
2,752
443
15,407
680
1,671
963
2,006
1,604
2,803
1,224
2,967
476
16,224
730
1,716
1,013
2,070
1,721
3,168
1,275
3,232
512
17, 896
784
1,916
1,097
2,234
1,862
47
80
488
71
83
54
30
116
70
74
47
79
443
55
67
43
28
110
63
74
145
241
1,345
176
224
134
114
366
205
248
254
441
2,299
292
392
268
198
652
310
435
290
485
2,673
312
444
297
227
720
362
489
348
582
3,284
407
549
351
292
1,000
443
634
381
631
3,590
456
617
339
327
1,094
504
684
423
681
3,814
485
673
338
346
1,173
519
696
461
729
4,135
520
730
356
365
1,309
572
806
91
46
849
54
59
162
73
91
45
694
52
54
183
65
275
159
1,982
152
200
520
208
511
297
3,412
234
319
791
312
597
319
3,786
277
354
814
356
732
377
4,492
351
429
1,060
467
803
409
4.859
374
479
1,144
497
871
428
5,169
391
504
1,224
536
942
474
5,517
419
528
1,310
559
SUEVEY OF CUEEENT BUSINESS
May 1970
25
Non-SMSA's, for Selected Years, 1929
Personal income by major type of payment, where earned, 1968
Average annual rates of
growth
Millions of dollars
Less:
personal
Property Transfer contribuincome payments tions for
social
insurance
Other
labor
income
Proprietors'
income
460,727
361,756
98,971
24,162
19,529
4,633
63,754
38,698
25,056
98,445
75,635
22,810
59,181
41,242
17,939
10,043
2,123
228
874
2,746
171
551
1,972
539
355
474
118
11
44
166
8
28
107
28
16
958
317
23
82
233
22
49
217
56
42
2,304
672
46
183
553
35
107
483
129
86
1,285
430
19
90
69
80
177
52
181
123
130
2,485
626
90
364
290
316
5,658
1,065
687
81
90
12
15
263
38
243
37
44
105
177
141
30
51
457
80
312
77
97
121
319
257
54
67
898
119
591
135
151
228
255
156
48
73
574
98
457
76
135
217
34
36
60
116
4,037
611
460
1,381
627
85
232
52
62
129
90
80
4,564
600
386
1,459
781
88
262
82
Total
wages
and
salaries
1,793
1,322
1,413
24,560
4,229
1,810
1,337
258
347
5,500
711
3,397
586
1,027
1,926
442
683
36,479
5,685
3,482
12,366
5,923
713
2,493
450
1,480
869
777
285
8,562
627
1,443
744
100,405
13,569
1,715
363
730
210
217
873
383
21,609
3,420
6,052
1,257
1,693
334
200
674
383
48
146
20
9,816
1,366
842
2,668
1,344
124
473
101
1929
1968
9.38
9.58
8.74
100.00
75.72
24.28
6.40
7.71
9.83
5.65
7.36
5.14
7.41
6.18
6.27
5.89
9.47
10.63
15.39
8.74
9.34
10.90
10.25
6.97
-.59
8.41
3.20
207
6.51
3.74
5.23
4.03
5.56
5.55
5.56
6.05
5.56
5.80
6.47
6.51
8.44
7.83
8.90
8.28
8.91
8.59
84
68
14
17
257
34
161
30
53
90
5.03
4.68
3.64
5.73
5.81
6.84
5.72
3.64
5.91
4.17
6.17
6.22
4.93
6.40
6.81
5.67
4.79
6.49
5.98
4.90
8.03
9.16
8.34
9.88
10.19
8.35
8.20
7.89
8.67
8.35
23
35
270
168
615
304
36
117
23
2.57
5.52
5.29
5.96
7.33
5.99
4.95
4.28
6.70
3.17
4.96
5.78
6.10
6.51
6.96
5.92
4.85
6.11
6.78
5.61
7.77
6.74
9.28
8.74
9.97
8.59
8.76
9.03
8.39
7.78
70
41
36
14
437
33
69
38
4,868
659
5.97
6.18
5.96
6.71
6.63
1.96
6.79
5.16
5.56
5.29
6.07
5.76
5.21
5.96
8.47
5.55
6.71
6.27
6.18
6.36
6.73
7.57
8.83
9.94
11.41
8.21
7.14
10.31
9.13
8.20
172
297
6.59
6.81
6.85
5.35
5.06
5.62
5.74
5.77
6.65
6.03
5.73
5.47
9.47
6.23
7.71
5.58
7.59
6.03
5.55
5.88
11.75
8.84
13.00
9.04
4.06
8.69
2.35
7.93
11.08
10.64
7.46
5.17
6.95
6.52
5.03
3.77
7.08
5.71
7.46
5.72
6.45
5.32
6.77
6.62
7.36
6.68
7.73
7.57
5.49
6.63
13.02
4.13
8.95
7.55
10.30
7.47
11.62
8.31
7.95
8.18
2.60
2.62
63
118
63
141
132
117
44
118
19
563
27
58
38
79
59
.11
.20
.14
.26
.28
.11
.28
.16
.33
.27
1959-68
1967-68
22,567
17,651
4,916
6.03
6.47
4.76
6.67
6.69
6.58
223
23
151
248
29
59
239
59
53
490
105
11
43
131
9
28
96
23
18
5.68
7.17
7.47
3.25
6.58
4.23
5.63
6.20
7.76
4.54
60
279
192
210
22
95
63
69
3,110
1,203
1,731
5,109
708
2,017
3,144
200
95
124
37
947
123
126
86
12,218
2,254
107
20
63
18
12
62
9
278
62
125
53
53
167
85
174
34
50
28
26
97
36
85
17
31
10
11
44
17
219
416
156
36
58
35
45
94
47
2,024
359
581
1,953
1,057
120
51
134
20
208
115
204
40
1,122
231
187
126
41
1,415
120
387
117
22,367
4,713
895
Percent of U.S.
1,315
376
560
391
169
376
71
229
99
208
40
1950
1959
1962
1965
1966
1967
1968
100.00
75.94
24.06
226,311
164,853
61,726
383,030
289,230
94,536
440,494
331,425
109,559
535,225
402,263
133,162
580,945
436,312
144,920
625,577
471,613
154,276
684,254
516,950
167,776
1
2
3
2.13
.*9
.05
.19
.56
.04
.11
.43
.12
.08
5,083
935
72
580
1,112
113
247
1,002
250
216
8,356
1,766
138
807
1,934
166
406
1,737
457
322
9,607
2,137
162
912
2,223
179
483
2,003
522
389
11,345
2,527
201
1,039
2,637
197
564
2,410
664
420
12,204
2,796
243
1,130
2,922
220
629
2,578
736
455
13,334
3,120
278
1,226
3,196
235
702
2,787
786
497
14, 597
3,452
1,334
3,483
261
773
2,982
840
539
4
5
6
7
8
9
10
11
12
13
.13
.62
.37
.44
.09
.38
.28
.30
219
387
431
7.05
1.17
5.25
1,569
1,200
1,287
20,532
3,882
1,792
I,bl9
I,4o6
23,627
4,463
502
2,093
1,582
1,740
27,921
5,372
529
2,260
1,692
1,865
30,259
5,815
580
1,119
2,471
1,794
1,976
32,982
6,322
629
2,664
1,954
2,140
35,968
6,872
14
15
16
17
18
19
.57
.36
.10
.12
.37
.28
.06
.08
1,491
1,098
1,704
1,255
1.09
2,039
1,518
311
423
5,780
814
3,943
704
1,041
2,013
2,189
1,623
1.13
960
733
181
188
2,478
341
2,363
1,729
350
499
6,749
938
4,453
808
1,226
2,297
2,552
1,888
379
549
7,437
1,016
4,818
872
1,347
2,489
20
21
22
23
24
25
26
27
28
29
665
1,012
53,706
8,249
6,265
18,035
8,656
1,033
3,452
685
30
31
32
33
34
35
36
37
38
39
1,943
1,088
1,011
361
10,092
880
1,930
962
133,015
20,434
2,074
1,172
1,100
396
11,244
944
2,068
1,061
145,165
22,117
40
41
42
43
44
45
46
47
43
49
2,149
2,401
1,124
525
28,030
4,571
7,651
30, 252
5,078
8,465
50
51
52
53
54
55
56
57
58
59
3,092
1,252
3,130
496
17,892
767
1,879
993
2,161
1,834
60
61
62
63
64
65
66
67
68
69
457
726
563
791
70
71
72
73
74
75
76
77
78
79
935
445
5,470
412
515
1,282
584
80
81
82
83
84
85
86
.49
.04
.29
.54
.05
.13
.52
.10
.11
.16
1.01
.15
.23
.68
.19
.15
.96
.15
.71
.13
.20
.37
.10
.15
12.37
1.55
8.02
1.22
3.54
2.10
2.62
1.28
.21
.58
.23
.15
.51
.10
.39
.19
.22
.05
.90
.33
.28
.15
.30
.18
.16
.06
.64
.76
1.66
.14
.31
.15
465
683
36,409
5,466
4,165
12,048
5,914
672
2,154
464
551
818
42,510
6,606
4,900
14,072
7,001
815
2,640
534
586
889
617
948
45, 330
7,057
5,222
15,343
7,509
49, 147
7,586
5,701
16,609
7,959
727
433
417
133
3,052
488
646
385
52,368
1,222
'699
1,437
1,649
778
760
279
6,558
644
923
863
313
8,539
749
1,801
1,004
1,155
613
84,889
12,650
1,336
689
96,571
14,391
1,757
815
114,643
17,405
1,856
879
123,192
18,813
1,581
1,892
2,024
435
746
330
298
1,072
482
26,107
4,255
7,257
697
236
5,415
596
4.44
10, 817
1,756
3,024
17, 877
3,127
5,074
.42
.20
.34
.07
.46
.19
.47
.07
936
504
967
161
6,079
312
526
334
713
630
1,767
1.26
35
55
262
38
46
32
23
86
44
56
16
26
142
16
22
12
11
40
19
28
6.49
6.93
6.15
5.81
6.43
8.02
6.34
6.64
4.70
6.43
6.85
5.75
6.75
6.62
7.16
3.21
7.03
8.06
7.04
7.11
8.94
7.07
8.43
7.28
8.34
5.25
5.45
11.57
10.18
15.82
.05
.09
.57
.08
.10
.06
.03
.13
.08
.09
.07
.11
.60
.08
.11
.05
.05
.19
.08
.12
656
344
3,836
295
360
897
378
25
21
229
25
26
51
25
90
35
401
31
40
118
50
137
59
857
53
76
197
83
67
31
388
29
42
92
43
33
17
193
14
16
44
19
7.16
7.21
6.23
4.95
5.30
4.79
4.61
7.04
5.35
5.50
6.70
5.79
5.77
6.72
8.14
10.92
6.73
7.10
4.82
7.07
4.43
.11
.05
.99
.06
.07
.19
.09
.14
.07
.81
.06
.08
.19
.08
431
610
31,609
4,684
3,583
10,756
5,661
606
1,915
420
6.37
1.00
1.56
63
110
536
75
108
46
48
139
75
111
1,125
343
376
20,088
2,797
1,833
6,359
3,688
413
1,074
316
496
817
1,453
46
49
311
40
51
36
27
104
64
56
97
204
135
223
251
1,621
361
506
619
3,166
810
176
224
130
114
464
170
15
32
190
32
33
25
14
97
29
56
2,159
1,127
1,924
.34
.07
.15
.05
.05
.18
.08
.75
330
453
263
378
4,749
710
3,323
556
879
1,832
.36
.06
.06
.05
.05
.21
.05
318
510
2,978
350
514
229
264
923
380
555
71
121
71
143
157
247
314
4,115
21.30
3.08
1,227
1,153
756
891
12,595
2,342
28.61
3.59
2.337
886
2,428
360
12, 795
551
1,331
803
1,654
1,309
29
200
63
152
72
Millions of dollars
Line
1950-59
160
81
88
41
583
73
107
88
10,424
83
43
36
16
249
34
116
37
Total personal income, where received 4
Total personal income, where earned
7,771
944
341
9,301
805
948
3,185
636
454
800
349
335
1,452
1,146
2,365
1,030
2,415
383
14, 212
616
1,583
803
1,827
1,432
429
15,404
666
1,638
892
1,941
1,579
2,736
1,203
2,873
461
16, 221
714
1,683
921
2,002
1, 695
291
380
268
191
647
305
459
288
483
2,663
311
431
297
216
715
356
504
345
580
3,272
406
532
351
281
992
436
629
377
629
3,576
455
598
339
315
1,085
496
670
420
678
3,799
483
652
338
332
1,163
511
706
508
278
3,385
230
311
775
346
593
300
3,756
272
346
797
384
727
356
4,454
345
419
1,037
485
280
9,450
430
963
537
1,341
1,031
252
439
150
198
515
211
880
2,900
574
1,986
834 ,
1,950
304
10, 297
787
1,742
2,291
274
154
766
1,130
2,141
391
645
299
270
997
409
24,149
3,892
6,743
144
241
1.974
872
4,186
331
477
231
218
800
325
20,120
3,399
292
428
214
179
751
279
1,342
176
221
134
110
364
204
246
6,281
5,481
477
1,107
632
2,561
1,135
2,666 i
797
384
865
402
4,818
5,125
1,119
1,197
368
468
511
385
492
546
321
494
898
379
348
1,222
538
4,119
518
706
356
351
1,298
SURVEY OF CURRENT BUSINESS
26
May 1970
Table 1.—Personal Income, by SMSA's and
Total personal income, where earned
Millions of dollars
Line
1929
87
88
89
90
91
92
93
94
95
96
97
Great Lakes:
Rockford 111
Saginaw, Mich
South Bend Ind
Springfield 111
Springfield Ohio
Steubenville-Weirton Ohio-W. Va
Terre Haute Ind
Toledo Ohio-Mich
Youngstown- Warren Ohio
Sum of SMSA's
Non-SMSA area
98
99
100
101
102
103
104
105
106
107
Plains:
Cedar Rapids Iowa
Des Moines Iowa
Dubuque, Iowa
Duluth-Superior, Mlnn.-Wis
Fargo-Moorhead N. Dak.-Minn
Kansas City, Mo.-Kans
Lincoln, Nebr
Minneapolis-St. Paul Minn
Omaha, Nebr.-Iowa
Sioux City, lowa-Nebr
. .
108
109
110
111
112
113
114
115
116
Sioux Falls, S. Dak
Springfield, Mo
St Joseph Mo
St. Louis, Mo.-Iil
Topeka, Kans
Waterloo, Iowa
Wichita Kans
Sum of SMSA's
.
Non-SMSA area
117
118
119
120
121
122
123
124
125
126
Southeast:
Albany Ga
Asheville, N.C
Atlanta, Ga
Augusta, Ga.-S.C
Baton Rouge La
Biloxi-Gulfport, Miss
Birmingham, Ala
Charleston S.C
Charleston W. Va
Charlotte, N.C
. ...
.-
_ ..
. .
..
.
.
. . .
.
-
127
128
129
130
131
132
133
134
135
136
Chattanooga Tenn.-Ga
Columbia, S.C
Columbus Ga -Ala
Durham N.C
Fayetteville, N.C
Fort Lauderdale-Hollywood, Fla
Fort Smith Ark -Okla
Gadsden Ala
Greensboro-Winston-Salem-High Point N.C
Greenville, S.C
137
138
139
140
141
142
143
144
145
146
Huntington- Ashland, W. Va.-Ky.-Ohio
Huntsville Ala
Jacksonville, Fla
Jackson Miss
Knoxville Tenn
Lafayette La
Lake Charles La
Lexington, Ky
Little Rock-North Little Rock Ark
Louisville, Ky.-Ind
147
148
149
150
151
152
153
154
155
156
Lynchburg, Va
Macon Ga
Memphis Tenn -Ark
Miami Fla
Mobile Ala
Monroe, La
Montgomery Ala
Nashville Tenn
New Orleans La
Newport News- Hampton Va
157
158
159
160
161
162
163
164
165
166
Norfolk-Portsmouth, Va
Orlando, Fla _
Pensacola Fla
Pine Bluff Ark
Raleigh, N.C
Richmond, Va
Roanoke Va
Savannah Ga
Shreveport La
Tallahassee, Fla
167
18*
169
170
171
172
173
...
Tampa-St Petersburg, Fla
Tuscaloosa, Ala
West Palm Beach, Fla
Wheeling, W. Va.-Ohio .
Wilmington N C
Sum of SMSA's
Non-SMSA area
See footnotes at end of table.
-
--
- -
...
.
.
..
.
_
..
-
-
.
...
. _
1950
1940
1959
1962
1965
1966
1967
1968
119
88
145
81
68
t
93
93
400
265
16,146
4,004
105
83
143
83
66
91
77
333
238
13,938
3,701
349
248
488
214
185
247
215
967
650
39,220
11,291
585
421
685
343
273
384
307
1,435
1,120
65,360
17,455
667
463
672
406
303
423
345
1,553
1,180
72,454
19,893
835
651
771
488
380
535
408
1,900
1,469
90,241
24,594
941
695
837
523
426
540
442
2,068
1,565
97,793
27,009
1,026
727
884
568
454
559
467
2,201
1,634
104,008
28,514
1,099
796
951
607
484
591
502
2,446
1,815
113,395
30,711
72
173
40
161
43
538
78
823
277
90
65
148
34
136
44
465
57
751
214
78
204
426
110
361
151
1,421
183
2,155
628
200
370
740
172
525
222
2,630
360
3,856
1,084
273
428
788
192
575
269
2,991
416
4,519
1,287
297
497
890
246
665
290
3,694
477
5,467
1,495
320
549
985
263
718
298
3,995
477
5,973
1,615
346
592
1,049
273
770
332
4,370
516
6,534
1,754
375
628
1,138
297
832
355
4,787
563
7,229
1,900
404
32
48
69
1,347
62
49
142
4,045
3,801
32
44
53
1,143
52
58
116
3,491
3,179
107
144
144
3,168
170
190
481
10,243
10,393
154
249
212
5,229
329
341
972
17,719
13,391
197
277
229
5,783
376
347
1,037
20,008
15,954
223
323
241
7,117
438
386
1,129
23,898
19,166
235
346
258
7,678
452
426
1,233
25,848
20,815
284
385
278
8,282
526
446
1,328
28,095
21,510
309
436
302
8,989
568
477
1,434
30,648
22,976
12
43
322
54
38
21
285
53
94
92
14
47
336
54
52
18
269
68
117
108
52
144
1,188
200
241
124
827
202
351
354
120
224
2,370
370
501
190
1,410
356
553
679
144
261
2,827
487
526
239
1,510
426
567
836
187
328
3,737
605
665
272
1,822
549
654
1,053
207
356
4,131
743
737
327
1,931
627
703
1,176
200
380
4,491
790
838
336
2,063
712
763
1,298
215
416
5,026
868
941
386
2,230
791
793
1,468
121
55
46
41
16
10
51
22
190
56
108
65
62
41
27
23
44
25
171
65
327
208
236
154
149
135
127
104
578
245
559
426
359
254
231
624
209
164
1,068
428
617
482
404
306
306
737
266
165
1,289
522
785
639
567
378
383
1,041
271
196
1,591
647
874
736
647
416
420
1,168
290
218
1,735
749
943
789
727
482
551
1,315
317
231
1,873
788
1,027
887
779
544
615
1,576
350
255
2,088
879
103
26
115
48
102
11
16
53
99
332
97
22
135
56
114
12
21
42
83
285
281
72
442
212
461
64
120
122
276
918
461
279
944
394
684
141
282
262
522
1,657
501
331
1,100
466
747
160
277
329
617
1,887
627
545
1,324
556
928
214
313
436
796
2,296
671
596
1,436
606
1,007
228
339
490
863
2,477
713
592
1,546
659
1,080
250
392
537
931
2,663
758
621
1,725
733
1,178
275
434
597
1,028
2,976
39
46
217
124
73
27
70
167
378
47
42
42
210
208
72
25
70
165
342
60
107
158
726
838
284
90
205
516
1,096
213
198
297
1,201
2,145
579
166
328
939
1,906
462
246
353
1,409
2,513
638
187
372
1,078
2,124
569
305
443
1,760
3,127
862
233
450
1,359
2,737
734
330
488
1,933
3,406
911
261
474
1,503
2,978
800
345
547
2,094
3,855
924
283
512
1,627
3,212
898
385
606
2,327
4,458
986
311
553
1,799
3,458
965
141
38
33
24
43
213
61
66
88
9
167
53
44
19
52
244
69
60
109
14
709
193
154
63
164
620
193
192
345
56
1,089
643
368
117
298
1,033
319
345
544
124
1,302
762
425
141
367
1,237
380
358
575
149
1,605
890
539
172
473
1,534
476
422
665
197
1,733
948
582
184
535
1,660
507
448
719
214
1,890
1,031
635
200
580
1,812
551
472
783
236
2,101
1,187
708
216
659
1,989
614
571
870
275
126
20
45
138
32
4,792
5,055
154
20
57
105
27
5,012
5,063
531
82
157
255
88
16,949
16,865
1,465
163
441
354
132
32,377
26,246
1,717
180
561
370
155
37,499
30,888
2,078
199
737
423
198
47,025
38,703
2,234
215
815
454
216
51,453
42,671
2,487
231
890
486
233
56,064
46,050
2,824
259
1,057
530
268
62,438
50,745
>
May 1970
SURVEY OF CURRENT BUSINESS
27
Non-SMSA's, for Selected Years, 1929-68—Continued
Personal income by major type of payment, where earned, 1968
Millions of dollars
Total personal income, where received 4
Total personal income, where earned
Average annual rates of
growth
Percent of U.S.
Millions of dollars
Line
Total
wages
Less;
personal
Property Transfer
contribuincome payments tions for
social
insurance
Other
labor
income
Proprietors'
income
59
59
47
17
24
39
16
127
109
80
61
84
55
36
34
60
202
133
154
104
124
91
68
77
68
346
179
63
54
73
52
41
48
54
197
147
5,537
1,082
8,013
4,303
15,808
4,299
38
24
32
21
17
20
15
84
66
7,650
3,032
3,846
23
40
11
26
9
197
15
257
58
12
55
101
35
55
51
345
48
447
170
53
109
151
41
121
57
664
116
958
277
69
9
13
10
392
16
17
63
35
41
32
571
37
46
133
57
74
47
1,412
1,168
458
1929
1950
1950-59
1959-68
1967-68
7.25
7.34
3.73
6.54
6.55
4.90
5.63
6.11
5.52
6.32
6.49
7.05
9.51
7.64
6.81
6.42
5.61
7.58
11.13
11.05
9.03
7.71
.14
.10
.17
.09
.08
.11
.11
.47
.31
.16
.12
.14
.09
.07
.09
.07
.36
.27
347
248
484
211
179
251
216
970
646
952
5.93
6.06
3.85
5.43
4.46
5.03
4.03
4.49
6.24
5.85
4.97
18.82
4.67
16.59
4.49
39,058
11,439
39
82
22
97
29
347
45
511
146
38
21
41
10
28
12
178
17
255
65
13
6.84
6.34
5.05
4.25
4.40
7.09
7.85
6.69
6.27
3.53
6.07
4.90
6.28
5.26
5.39
6.89
5.09
7.24
6.45
4.46
6.06
8.45
8.58
8.08
7.04
9.55
9.07
10.64
8.35
7.70
.08
.20
.05
.19
.05
.63
.09
.96
.32
.10
.09
.17
.04
.12
.05
.70
.08
202
421
107
360
151
113
77
176
24
43
31
673
45
35
102
2,253
5,503
4,520
3,846
2,309
2,540
10
15
10
324
18
16
49
1,083
599
4.14
6.29
4.38
5.74
7.64
6.73
8.14
6.29
2.87
8.03
6.43
4.03
6.22
6.26
3.82
4.42
6.29
6.19
8.88
13.39
8.54
8.54
7.92
6.84
7.97
9.09
6.82
4.71
4.43
4.48
3.36
6
14
203
24
48
7
100
20
43
52
18
36
303
49
59
25
156
53
56
103
24
55
635
88
134
49
299
82
94
162
17
37
286
51
57
29
206
53
69
77
8
15
185
24
32
8
81
24
26
55
9.84
5.07
7.99
7.12
8.48
4.91
6.11
6.49
5.21
7.53^
6.69
7.14
8.72
9.94
7.28
8.18
5.24
9.29
4.08
8.95
7.84
9.74
11.91
9.96
12.35
14.87
8.10
11.19
3.90
13.15
.01
.05
.38
.06
.04
.02
.33
.06
.11
.11
.03
.06
.74
.13
.14
.06
.33
.12
.12
.21
42
24
14
18
7
35
11
13
80
31
83
62
32
42
27
121
30
24
159
60
143
100
86
79
64
445
46
22
260
106
78
58
44
42
26
201
50
25
130
59
37
28
18
18
10
40
12
9
74
32
6.14
8.27
4.82
5.70
4.98
18.52
5.69
5.25
7.05
6.39
7.00
8.51
8.98
8.85
11.50
10.85
5.94
5.04
7.75
8.35
8.89
12.45
7.13
12.71
11.62
19.86
10.56
10.58
11.49
11.47
.14
.06
.05
.05
.02
.01
.06
.03
.22
.07
.15
.13
.11
.08
.09
.23
.05
.04
.31
.13
320
208
234
154
149
122
127
103
569
244
36
14
50
23
48
8
28
20
33
120
59
44
97
70
90
29
46
69
71
221
95
59
176
97
145
44
71
68
160
415
81
45
166
56
100
20
34
41
86
218
26
23
57
25
41
9
13
21
34
104
5.66
16.32
8.80
7.15
4.49
9.21
9.98
8.87
7.36
6.79
5.68
9.30
6.93
7.14
6.23
7.75
4.93
9.59
7.83
6.73
6.35
4.88
11.59
11.23
9.09
10.00
10.70
11.15
10.49
11.74
.12
.03
.13
.06
.12
.01
.02
.06
.11
.39
.11
.09
.25
.11
.17
.04
.06
.09
.15
.44
280
78
441
211
456
64
120
123
274
908
15
14
72
131
29
10
14
61
115
32
28
44
205
348
70
30
47
151
250
50
39
76
304
753
168
46
57
244
565
123
29
49
179
426
92
29
49
126
260
56
14
21
81
138
35
10
19
64
114
30
7.12
7.30
5.76
11.02
8.26
7.13
5.36
6.88
6.35
9.02
7.69
8.25
7.64
8.48
6.10
7.21
5.99
7.50
6.85
8.54
11.58
10.76
11.15
15.66
6.76
9.66
7.88
10.53
7.67
7.45
.05
.05
.25
.14
.09
.03
.08
.19
.44
.05
.06
.09
.34
.65
.14
.05
.08
.26
.51
.14
107
159
722
833
283
89
205
511
45
27
19
6
18
72
19
20
26
4
106
167
44
31
56
114
41
43
89
15
179
133
111
30
86
337
84
58
129
48
147
113
64
25
44
135
53
48
75
23
64
36
20
7
23
68
23
19
26
9
4.89
14.30
10.17
7.06
6.86
5.86
5.71
6.72
5.20
9.17
7.59
7.06
7.56
7.07
9.22
7.56
7.56
5.78
5.36
9.25
11.18
15.08
11.46
8.19
13.68
9.80
11.28
20.96
11.10
16.19
.16
.04
.04
.03
.05
.25
.07
.08
.10
.01
.31
.17
.10
.03
.10
.29
.09
.08
.13
.04
707
193
155
63
162
620
195
191
344
56
187
573
349
182
72
9
26
24
8
2,060
1,456
574
22
201
72
33
401
27
111
58
24
43,846
32,148
224
23
174
45
31
79
9
28
17
9
11.94
7.96
12.15
3.75
4.63
7.47
5.05
7.58
5.27
10.22
4.59
8.19
7.58
7.61
13.57
12.01
18.70
9.06
15.04
11.37
10.20
.15
.02
.05
.16
.04
.41
.04
.15
.08
.04
5.58
5.89
9.13
7.42
and
salaries
779
642
665
413
331
413
319
1,658
1,313
80,232
18,947
422
804
199
561
221
3,412
356
5,311
1,314
246
193
281
192
6,265
375
319
1,010
21,481
11,227
159
289
3,784
680
674
285
1,549
608
557
1,129
718
671
620
380
501
813
225
180
1,534
656
511
482
1,293
511
835
183
269
420
713
2,105
287
445
1,649
2,937
661
205
403
1,281
2,382
735
1,688
782
490
132
478
1,400
440
422
578
194
1,631
4,720
7,089
8,776
5,878
5,089
5,703
2,053
1,528
1968
1,416
1959
1962
1,016
1,088
1,444
1,105
64,905
17,865
1,563
1,164
71,850
20,375
1,913
1,447
89,423
25,199
2,083
1,542
96,936
27,676
2,217
1,610
103,090
29,224
2,463
1,788
112,378
31,476
364
721
159
522
223
421
767
177
571
270
489
865
223
660
292
539
958
241
713
300
2,612
2,969
3,667
516
4,474
1,268
5,411
1,472
5,911
1,590
317
342
196
270
219
221
315
233
233
338
246
281
375
263
306
425
285
7,011
7,563
442
417
8,157
8,854
428
378
1,113
23,572
19,329
1,216
25,491
20,989
1,309
27,701
21,691
1,414
30,218
23,167
153
243
205
1.57
1.31
3,146
5,156
5,700
17,491
13,500
1,023
19,742
16,082
417
294
368
340
206
373
221
409
690
325
738
778
333
4,875
1,790
1,897
2,026
2,190
1,012
1,140
1,225
1,386
717
636
559
379
380
802
733
637
417
417
863
786
716
483
547
933
883
767
545
610
1,176
1,321
273
195
292
216
1,507
1,811
2,018
193
322
3,627
1,096
212
1,386
1,484
555
466
4,356
145
256
2,746
468
498
237
514
436
400
213
350
122
220
2,304
364
481
189
371
563
7,153
1,871
4,007
L697
54
142
1,171
198
238
123
820
202
350
371
4,751
270
826
358
4,337
107
142
158
10,193
10,438
617
1,105
249
765
334
6,465
1,726
.05
.06
.04
322
334
960
581
1,019
477
.04
.06
.08
168
188
478
792
933
593
500
612
507
3,965
3,819
1,068
270
723
867
555
459
579
472
477
2,144
.08
.07
.21
1968
932
692
821
512
428
559
447
1.06
.07
.06
.17
1967
827
648
757
478
387
553
413
360
623
199
1966
661
461
660
398
302
437
348
580
419
673
336
279
397
310
183
.28
.06
1965
575
619
270
623
665
707
715
810
871
383
786
747
354
538
666
423
546
799
529
424
354
254
229
718
210
163
575
480
398
306
304
848
268
164
1,034
1,248
1,539
1,677
643
744
1,810
458
270
939
392
668
140
282
254
517
497
323
622
520
666
568
707
570
752
609
1,093
1,315
1,427
1,536
1,713
1,052
1,148
425
1,622
519
463
729
159
277
319
611
1,846
545
619
552
905
212
314
412
788
2,244
602
982
226
340
463
854
2,420
320
229
783
654
248
393
501
921
2,602
322
530
354
253
873
728
273
435
561
1,017
2,907
190
296
234
348
1,189
2,122
1,395
2,485
1,742
3,091
1,913
3,367
2,072
3,809
2,303
4,406
1,052
2,123
1,326
2,737
1,466
2,978
578
166
327
918
1,906
458
1,081
642
371
116
292
636
187
371
564
1,292
761
429
140
359
285
434
859
232
449
309
475
908
260
473
1,587
3,211
793
890
1,755
3,458
1,592
1,719
1,874
1,030
2,083
1,185
888
544
170
462
946
588
183
522
1,238
1,534
369
352
569
147
453
415
658
195
485
440
712
211
532
82
157
257
88
1,471
1,723
2,087
2,243
16,875
17,005
32,065
26,627
163
438
360
133
179
557
376
156
37,073
31,347
983
309
551
727
1,033
311
340
539
123
921
282
511
358
584
1,661
199
732
430
200
215
809
462
218
46,396
39,293
50,765
43,325
642
198
566
957
715
215
644
1,812
1,990
525
465
775
234
586
562
861
271
2,497
2,836
231
884
495
235
1,049
55,282
46,757
61,597
51,526
258
540
271
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
SUKVEY OF CURRENT BUSINESS
28
May 1970
Table 1.—Personal Income, by SMSA's and
Total personal income, where earned
Millions of dollars
Line
1929
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
Southwest:
Abilene, Tex
Albuquerque, N. Mex .
Amarillo Tex
Austin, Tex
Beaumont-Port Arthur-Orange Tex
Brownsville-Harlingen-San Benito, Tex
Corpus Christi, Tex
Dallas, Tex
El Paso Tex
Fort Worth Tex
Galveston-Texas City, Tex
Houston, Tex
_
Laredo Tex
Lawton, Okla
Lubbock, Tex
Mcallen-Pharr-Edinburg Tex
Midland Tex
Odessa, Tex
Oklahoma City, Okla
Phoenix Ariz '
-.
-
- --
-
San Angelo Tex
San Antonio Tex
Sherman-Denison, Tex _
Texarkana, Tex.-Ark _ _
Tucson Ariz
Tulsa Okla
Tyler, Tex
Waco Tex
Wichita Falls Tex
Sum of SMSA's
Non-SMSA area
-
Rocky Mountain:
Billings Mont
Boise City Idaho
Cheyenne, Wyo
Colorado Springs Colo
Denver Colo
Great Falls Mont
Ogden, Utah
Provo-Orem, Utah. _
Pueblo Colo
Salt Lake City, Utah
Sum of SMSA's.
.
Non-SMSA area
217
218
219
220
221
222
223
224
225
226
Par West:
Anaheim-Santa Ana-Garden Grove, Calif
Bakersfield, Calif
Eugene, Oreg
Fresno, Calif..
Las Vegas Nev
Los Angeles- Long Beach, Calif
Oxnard-Ventura, Calif
Portland, Oreg.-Wash
Reno, Nev...
Sacramento, Calif
..
. . .
_ .
Salem Oreg
Salinas-Monterey, Calif.—
San Bernardino-Riverside-Ontario, Calif
San Diego, Calif
San Francisco-Oakland, Calif
San Jose, Calif.
Santa Barbara, Calif
Seattle-Everett, Wash
Spokane, Wash
Stockton, Calif
237
238
239
240
Tacoma, Wash
Vallejo-Napa, Calif
Sum of SMSA's
Non-SMSA area
241
242
243
244
Alaska and Hawaii:
Anchorage, Alaska
Honolulu, Hawaii
Sum of SMSA's
Non-SMSA area
-
_
205
205
207
208
209
210
211
212
213
214
215
216
227
228
229
230
231
232
233
234
235
236
-
._
___
__
_
- __
._
_ _
1950
1940
1959
1962
1965
1966
1967
1968
26
25
51
44
95
28
35
386
80
162
26
33
46
58
97
26
58
375
69
144
114
218
171
201
354
117
169
1,450
287
647
231
589
330
379
624
180
446
2,743
536
1,230
267
657
382
437
703
184
511
3,195
593
1,333
282
775
431
556
832
244
638
3,980
669
1,681
297
813
509
602
917
264
682
4,351
797
1,846
325
862
514
708
999
260
739
4,884
856
2,108
353
924
527
818
1,069
284
786
5,569
964
2,385
51
373
14
15
19
22
8
3
218
95
51
480
14
23
24
29
10
9
169
101
177
1,729
43
79
157
121
62
66
594
455
275
3,234
72
170
309
178
170
199
1,064
1,277
313
3,731
78
197
357
196
203
207
1,279
1,706
378
4,738
98
235
443
234
231
239
1,573
2,124
407
5,190
110
282
478
259
240
255
1,701
2,367
461
5,818
126
349
505
266
250
269
1,848
2,584
507
6,518
145
384
556
295
272
284
2,036
2,924
22
190
27
31
35
217
21
54
51
2,397
1,859
18
174
24
25
38
165
27
43
42
2,399
1,661
82
713
82
92
185
525
94
161
197
9,443
5,406
112
1,175
127
133
532
1,012
155
270
249
18,000
8,338
137
1,381
143
161
665
1,070
183
305
307
20,881
9,476
163
1,706
178
212
708
1,303
223
366
321
25,562
11,001
176
1,958
192
236
792
1,421
241
381
386
28,152
11,757
192
2,093
207
282
877
1,549
260
408
400
31,001
12,360
214
2,372
238
328
974
1,726
291
455
452
34,650
13,601
22
27
21
38
354
34
32
17
39
148
733
891
27
32
24
29
336
29
28
18
37
148
708
876
90
101
93
112
1,114
96
117
86
115
484
2,407
2,685
181
195
130
301
2,280
165
216
162
216
943
4,790
3,932
194
227
152
379
2,832
197
248
181
256
1,188
5,855
4,568
217
256
174
472
3,229
226
311
218
285
1,341
6,728
5,098
225
275
175
517
3,512
239
353
229
299
1,418
7,242
5,362
249
294
191
614
3,833
244
368
245
311
1,506
7,855
5,660
268
317
198
701
4,235
261
383
286
337
1,636
8,620
5,991
86
53
27
87
6
2,279
46
387
28
150
79
83
34
112
13
2,459
43
365
35
175
351
367
204
437
97
8,191
181
1,207
115
631
1,420
652
353
783
336
17,543
456
1,935
257
1,478
2,095
727
385
883
577
20,440
541
2,252
322
1,887
2,920
923
483
1,073
661
24, 665
755
2,772
412
2,243
3,228
962
498
1,132
697
26, 727
810
3,018
412
2,345
3,610
1,020
522
1,200
769
28,869
869
3,258
429
2,467
3,989
1,136
571
1,328
881
31, 178
978
3,591
464
2,665
41
49
137
164
1,678
113
76
509
119
76
47
61
155
206
1,551
124
60
475
113
97
179
241
639
949
4,549
470
198
1,566
349
330
261
516
1,700
2,334
7,736
1,574
445
2,972
602
544
312
606
1,993
2,778
9,265
2,123
603
3,537
661
669
404
700
2,502
3,258
11, 432
2,674
689
3,928
745
809
435
837
2,704
3,688
12, 334
3,009
731
4,602
813
860
473
829
2,908
4,038
13,402
3,361
784
5,206
867
916
512
974
3,176
4,517
14, 478
3,735
846
5,829
953
1,013
120
35
6,266
1,136
129
47
6,462
1,252
473
248
21,971
4,590
666
432
44,997
7,128
795
516
53,967
8,128
869
666
65,583
9,649
979
711
71,533
10,310
1,111
782
77,689
10,888
1,274
861
84,950
11,966
340
1,084
1,423
477
396
1,403
1,799
575
511
1,705
2,216
708
547
1,875
2,422
755
630
2,051
2,680
790
709
2,277
2,986
896
_ _ __
1. U.S. totals shown for 1965,1966, and 1967 do not agree with totals shown in the state
personal income series (August 1969 SURVEY). Note that, unlike the State series, the U.S.
total for 1959 includes Alaska and Hawaii.
Source: U.S. Department of Commerce, Office of Business Economics.
2. The OBE definition of SMSA's in New England differs from that of the Bureau of the
Budget, see note.
NOTE.—Personal income is the current income of persons in an area from all sources. It is
measured before deduction of income and other personal taxes, but after deduction of personal
contributions to social security, government retirement, and other social insurance programs.
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),
and the net incomes of owners of unincorporated businesses (farm and nonfarm, including the
incomes of independent professionals), 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, social security payments,
and welfare and relief payments).
The classification of SMSA's used in this report accords with the Bureau of the Budget
May 1970
SURVEY OF CURKENT BUSINESS
29
Non-SMSA's, for Selected Years, 1929-68—Continued
Personal income by major type of payment, where earned, 1968
Millions of dollars
Total
wages
and
salaries
Other
labor
income
Proprietors'
income
Average annual rates of
growth
Less:
personal
Property Transfer contribuincome payments tions for
social
insurance
Total personal income, where received 4
Total personal income, where earned
Percent of U.S.
Millions of dollars
Line
1950-59
1959-68
1967-68
1929
1968
1950
1959
1962
1965
1966
1967
1968
205
663
315
554
719
164
498
4,052
734
1,731
7
24
12
17
85
6
26
212
24
110
54
60
61
58
83
54
85
414
64
175
67
134
117
156
139
39
141
765
101
289
29
75
37
60
78
30
59
321
68
163
9
31
15
26
35
9
23
195
27
84
8.19
11.70
7.61
7.29
6.50
4.92
5.80
7.35
7.21
7.40
4.82
5.15
5.36
8.95
6.17
5.21
6.50
8.20
6.74
7.65
8.77
7.25
2.60
15.56
6.96
9.12
6.39
14.02
12.58
13.11
.03
.03
.06
.05
.11
.03
.04
.45
.09
.19
.05
.14
.08
.12
.16
.04
.11
.81
.14
.35
114
217
172
200
351
117
269
1,443
288
651
233
584
334
375
614
180
448
2,716
542
1,244
269
652
387
433
691
184
513
3,163
599
1,349
284
769
436
551
817
244
642
3,940
676
1,703
300
807
516
596
900
265
686
4,306
806
1,870
327
855
521
702
981
261
743
4,833
865
2,135
356
917
534
811
1,049
284
790
5,511
974
2,415
174
175
176
177
178
179
180
181
182
183
326
4,651
93
293
307
163
168
188
1,426
1,990
25
279
3
4
12
6
6
9
61
96
41
471
18
15
93
63
34
27
172
288
92
976
19
61
123
37
60
53
276
393
39
367
16
17
36
35
12
16
175
249
16
226
4
5
15
8
9
9
75
91
5.07
7.22
5.96
8.99
7.83
4.32
11.81
13.11
6.70
12.17
7.03
8.11
8.18
9.47
6.78
5.82
5.34
4.01
7.49
9.65
9.95
12.03
14.86
10.12
10.10
10.83
8.47
5.72
10.17
13.16
.06
.43
.02
.02
.02
.03
.01
0
.25
.11
.07
.95
.02
.06
.08
.04
.04
.04
.30
.43
177
1,727
43
78
157
122
63
74
591
455
277
3,229
72
170
311
179
172
191
1,053
1,279
315
3,726
79
196
360
198
205
206
1,265
1,708
381
4,731
99
234
447
236
233
239
1,556
2,127
409
5,183
111
281
482
261
242
253
1,682
2,371
465
5,810
127
348
510
268
253
266
1,828
2,588
511
6,509
146
383
561
297
274
280
2,014
2,929
184
185
186
187
188
189
190
191
192
193
128
1,690
154
223
622
1,156
183
289
285
23,972
7,546
4
51
6
7
22
62
11
13
7
1,206
323
26
159
22
25
70
135
28
44
46
2,886
2,476
42
353
39
53
186
301
53
80
91
5,237
2,028
19
189
24
31
101
132
26
43
32
2,478
1,594
6
70
7
12
27
60
9
15
11
1,128
366
3.49
5.72
4.91
4.15
12.47
7.57
5.70
5.92
2.60
7.44
4.94
7.44
8.12
7.27
10.54
6.95
6.12
7.29
5.96
6.87
7.56
5.60
11.24
13.33
14.96
16.15
11.13
11.42
11.89
11.47
12.88
11.77
10.04
.03
.22
.03
.04
.04
.25
.02
.06
.06
2.79
2.17
.03
.35
.03
.05
.14
.25
.04
.07
.07
5.07
1.99
83
712
82
92
186
520
94
161
197
9,438
5,431
113
1,170
127
132
536
993
154
270
248
17,945
8,398
139
1,374
143
159
669
1,049
183
305
306
20,827
9,545
165
1,697
177
211
713
1,276
223
365
320
25,492
11,087
178
1,948
192
234
797
1,392
241
381
385
28,074
11,852
194
2,082
207
280
882
1,517
260
407
399
30,913
12,464
216
2,360
238
325
981
1,690
291
454
450
34,550
13,716
194
195
196
197
198
199
200
201
202
203
204
168
215
128
514
3,041
171
279
196
228
1,183
6,122
3,461
11
10
5
11
123
7
9
13
13
54
255
146
34
31
18
43
312
28
24
24
22
126
661
1,088
44
46
37
103
584
42
52
37
48
213
1,206
853
22
27
16
44
321
21
35
25
37
124
672
631
10
12
5
15
146
8
15
10
12
63
297
188
8.08
7.62
3.82
11.66
8.30
6.21
7.03
7.33
7.28
7.72
7.96
4.34
4.44
5.57
4.77
9.87
7.13
5.19
6.60
6.48
5.09
6.32
6.76
4.80
7.36
7.98
3.27
14.12
10.50
6.72
4.07
16.67
8.15
8.64
9.74
5.85
.03
.03
.02
.04
.41
.04
.04
.02
.05
.17
.85
1.04
.04
.05
.03
.10
.62
.04
.06
.04
.05
.24
1.26
.88
91
102
93
112
1,114
97
120
87
114
481
2,410
2,694
184
198
130
301
2,281
167
223
166
213
933
4,798
3,958
197
232
152
380
2,833
198
273
185
254
1,175
5,878
4,597
220
261
174
473
3,229
228
292
224
282
1,326
6,708
5,134
228
280
175
519
3,513
241
319
234
296
1,402
7,206
5,402
253
300
191
615
3,834
246
340
251
308
1,488
7,826
5,703
272
323
198
702
4,236
263
365
293
333
1,617
8,602
6,037
205
206
207
208
209
210
211
212
213
214
215
216
2,811
723
390
766
666
21,890
623
2,432
338
1,897
140
28
16
31
23
1,176
25
127
12
63
283
187
56
253
48
2,449
109
345
36
230
546
112
73
155
117
4,202
148
499
61
270
354
128
56
169
54
2,639
106
309
33
316
145
42
19
47
27
1,179
33
121
16
111
16,83
6.60
6.32
6.71
14,80
8.84
10.84
5.40
9.39
9.93
12,17
6.38
5.49
6.06
11.31
6.61
8.85
7.12
6.78
6.78
10.49
11.44
9.44
10.71
14.66
8.00
12.56
10.22
8.20
8.03
.10
.06
.03
.10
.01
2.66
.05
.45
.03
.18
.58
.17
.08
.19
.13
4.56
.14
.53
.07
.39
346
363
204
437
97
8,147
182
1,207
115
630
1,799
639
355
784
338
17, 354
460
1,936
259
1,473
2,418
713
386
885
580
20,213
545
2,253
324
1,881
3,437
905
485
1,076
736
24,383
761
2,774
415
2,235
3,893
943
499
1,135
780
26,417
817
3,020
415
2,337
4,317
999
524
1,202
840
28,531
876
3,261
432
2,458
4,814
1,113
574
1,331
960
30, 813
986
3,594
467
2,655
217
218
219
220
221
222
223
224
225
226
316
620
2,048
3,264
9,809
2,712
539
4,217
600
613
12
16
87
105
505
126
18
250
27
24
66
170
317
296
1,036
250
90
446
103
147
72
122
399
586
2,433
492
144
729
151
144
59
71
442
410
1,227
297
82
390
101
120
15
25
117
144
532
141
28
202
30
36
4.29
8.82
11.50
10.53
6.09
14.40
9.42
7.39
6.25
5.70
7.77
7.32
7.20
7.62
7.22
10.09
7.40
7.78
5.23
7.16
8.07
17.51
9.22
11.87
8.03
11.13
7.93
11.97
9.82
10.55
.05
.06
.16
.19
1.96
.13
.09
.59
.14
.09
.07
.14
.46
.66
2.12
.55
.12
.85
.14
.15
181
241
643
948
4,540
472
196
1,562
349
331
266
515
1,722
2,330
7,709
1,588
437
2,956
603
547
318
604
2,019
2,773
9,232
2,143
592
3,517
662
673
412
699
2,536
3,252
11, 390
2,700
676
3,905
746
813
444
835
2,741
3,680
12,289
3,038
717
4,575
814
865
483
827
2,948
4,029
13,351
3,394
768
5,175
868
922
522
972
3,220
4,508
14, 423
3,772
829
5,795
954
1,019
228
229
230
231
232
233
234
235
236
939
599
58,814
7,193
31
15
2,857
260
95
51
7,064
1,869
136
137
11,728
1,600
110
90
7,564
1,435
36
30
3,078
391
3.88
6.39
8.30
5.02
7.49
7.96
7.33
5.93
14.68
10.14
9.35
9.90
.14
.04
7.30
1.32
.19
.13
12.42
1.75
475
248
21,916
4,605
671
434
45,176
7,176
802
518
54,051
8,182
877
670
65,8S2
9,632
988
714
71,958
10,289
1,122
786
78,114
10,886
1,286
865
85,472
11,965
237
238
239
240
598
1,726
2,324
653
18
62
80
24
49
142
191
87
37
297
334
98
24
128
152
61
19
77
96
26
8.52
8.61
8.59
7.27
12.54
11.05
11.40
13.35
343
1,086
1,429
479
400
1,406
1,806
578
516
1,709
2,225
712
553
1,879
2,432
759
636
2,055
2,692
795
716
2,283
2,999
900
241
242
243
244
.10
33
.44
.13
227
3. Included in the Boston SMSA are Brockton, Lawrence, Haverhill, and Lowell SMSA's
and the non-SMSA portions of Essex, Middlesex, and Plymouth counties.
4. The SMSA areas and non-SMSA areas do not sum to the U.S. totals because of minor
unidentified commuting flows.
definitions published in 1967 and amended January 1968, with the following exceptions: (1)
In New England, SMSA's are defined officially in terms of cities and towns instead of counties.
SMSA's in New England were redefined for this report to conform to a county basis, the localarea unit for which income estimates can be constructed. (2) In Alaska, Vermont, and Wyoming—States without official SMSA's—Anchorage, Burlington, and Cheyenne, respectively,
are treated as SMSA's. (3) The geographic definition of each SMSA is held constant over the
entire period for which the estimates were made.
The two versions of area personal income presented in this report differ in the treatment of the
earnings component, which is the sum of wages and salaries, other labor income, and proprietors' income. In the first version, termed "where-earned," earnings reflect place of word
of the recipient. In the second version, termed "where-received," earnings reflect place of
residence. The same measures of property and transfer income are used for both versions.
SUEVEY OF CURRENT BUSINESS
30
May 1970
Table 2.—Per Capita Personal Income and Earnings by Broad Industrial
Per capita personal income, where received
Dollars
Percent of the national average
Line
1929
1 Total United States *
2
Sum of all SMS A counties
Sum of all non-SMSA areas
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
New England :2 3
Boston, Mass
Bridgeport-Norwalk-Stamford Conn
Burlington Vt
Fall River-New Bedford, Mass
Hartford-New Britain Conn
Lewiston-Auburn Maine
Manchester, N H
New Haven- Waterbury-Meri den Conn
New London-Groton-Norwich Conn
Pittsfield, Mass
Portland Maine
Providence-Pawtucket- Warwick, R.I
.
Springfield-Chicopee-Holyoke, Mass
..Worcester-Fitchburg-Leominster Mass
Sum of S MSA's
Non-SMSA area
Mideast:
Albany-Schenectady-Troy, N.Y
Allen to wn-Bethlehem-Easton, Pa -N J
Altoona, Pa
Atlantic City, N.J
_
Baltimore Md
Binghamton, N Y.-Pa
Buffalo, N.Y
Erie, Pa
_
Harrisburg, Pa
Jersey City, N.J
30
31
32
33
34
35
36
37
38
39
Johnstown, Pa
Lancaster, Pa
New York, N.Y
Newark, N.J
Paterson-Clifton-Passaic, N.J
Philadelphia, Pa.-N.J .__ __
Pittsburgh Pa
Reading, Pa
Rochester, N.Y . . _ _
Scran ton, Pa
40
41
42
43
44
45
46
47
48
49
Syracuse N.Y
Trenton, N.J _
Utica-Rome, N.Y
Vineland-Millville-Bridgeton, N J
Washington, D.C.-Md.-Va
Wilkes-Barre-Hazleton, Pa
Wilmington, Del.-N.J.-Md
York, Pa
SumofSMSA's .
Non-SMSA area _ _
50
51
52
53
54
55
56
57
58
59
:o
-
Great Lakes:
Akron, Ohio
Anderson, Ind__.
Ann Arbor, Mich
Bay City, Mich
Boomington-Normal, 111..
Canton, Ohio
Champaign-Urbana, 111
Chicago, 111
Cincinnati, Ohio-Ky.-Ind.
Cleveland, Ohio
_
.
_
_ _ __
__
__
...
_
61
62
63
64
65
66
67
68
69
Columbus, Ohio
Davenport- Rock Island-Moline, Iowa-Ill
Dayton, Ohio
Decatur, 111
Detroit, Mich....
..
Evansville, Ind.-Ky
Flint, Mich
Fort Wayne, Ind
.
Gary-Hammond-East Chicago, Ind .
Grand Rapids, Mich
70
71
72
73
74
75
76
77
78
79
Green Bay, Wis
Hamilton-Middletown, Ohio
Indianapolis, Ind_.
Jackson, Mich. . .
.
_
Kalamazoo, Mich
Kenosha, Wis
Lafayette-West Lafayette, Ind.
Lansing, Mich.
.
_
Lima, Ohio '
Lorain-Elyria, Ohio
80
81
82
83
84
85
86
Madison, Wis..
Mansfield, Ohio
_
_.
Milwaukee, Wis
Muncie, Ind
Muskegon-Muskegon Heights, Mich
Peoria, 111
Racine Wis
Se e footnotes at end of table.
__
..
._
.
...
.
-
1940
1950
1959
1962
1965
1966
1967
1968
1929
1959
1962
1965
1968
705
928
402
592
762
353
1,496
1,745
1,088
2,161
2,448
1,603
2,368
2,658
1,791
2,760
3,080
2,017
2,963
3,296
2,281
3,159
3,517
2,419
3,421
3,811
2,614
100
132
57
100
113
74
100
112
76
100
112
76
100
111
76
996
1,090
678
692
1,118
633
803
977
744
783
824
894
524
649
1,019
564
672
889
700
719
1,660
1,845
1,151
1,523
2,052
1,351
1,578
1,828
1,717
1,623
2,504
2,715
1,870
2,039
2,818
1,948
2,323
2,643
2,471
2,279
2,838
3,121
2,131
2,256
3,091
2,027
2,588
2,917
2,718
2,718
3,248
3,385
2,407
2,534
3,445
2,162
2,756
3,420
3,073
2,922
3,479
3,679
2,825
2,735
3,729
2,450
3,003
3,635
3, 334
3,165
3,770
4,033
3,143
2,926
4,037
2,598
3,278
3,861
3,569
3,404
4,114
4,399
3,558
3,146
4,343
2,891
3,493
4,105
3,798
3,645
141
155
96
98
159
90
114
139
106
111
116
126
87
94
130
90
107
122
114
105
120
132
90
95
131
86
109
123
115
115
118
123
87
92
125
78
100
124
111
106
120
129
104
92
127
85
102
120
111
107
833
867
792
765
927
625
683
745
717
711
799
537
1,292
1,653
1,661
1,632
1,686
1,268
2,143
2,191
2,268
2,220
2,446
1,899
2,282
2,467
2,478
2,475
2,745
2,111
2,548
2,826
2,883
2,868
3,119
2,445
2,726
3,054
3,072
3,076
3,357
2,626
2,991
3,308
3,265
3,218
3,622
2,833
3,306
3,560
3,526
3,494
3,926
3,046
118
123
112
109
131
89
99
101
105
103
113
88
96
104
105
105
116
89
92
102
104
104
113
89
97
104
103
102
115
89
980
793
625
852
914
680
983
749
768
860
823
691
565
616
811
571
826
663
694
790
1,625
1,671
1,295
1,412
1,692
1,377
1,762
1,645
1,594
1,727
2,280
2,249
1,811
1,967
2,307
2,195
2,436
1,993
2,214
2,677
2,500
2,545
1,891
2,243
2,587
2,426
2,425
2,228
2,327
2,994
2,930
2,947
2,272
2,366
2,960
2,745
2,992
2,762
2,662
3,252
3,119
3,109
2,391
2,493
3,192
2,930
3,167
2,990
2,873
3,464
3,360
3,293
2,546
2,696
3,427
3,104
3,373
3,167
3,109
3,706
3,579
3,538
2,797
2,928
3,755
3,329
3,639
3,350
3,383
4,047
139
112
89
121
130
96
139
106
109
122
106
104
84
91
107
102
113
92
102
124
106
107
80
95
109
102
102
94
98
126
106
107
82
86
107
99
108
100
96
118
105
103
82
86
110
97
106
98
99
118
566
664
1,376
1,078
828
961
883
772
949
625
511
581
990
912
743
799
732
649
821
473
1,177
1,600
2,097
1,890
2,076
1,729
1,665
1,615
1,743
1,228
1,546
2,209
2,973
2,796
3,045
2,496
2,371
2,216
2,629
1,803
1,688
2,426
3,299
3,113
3,327
2,693
2,507
2,360
2,822
2,039
2,040
2,831
3,746
3,569
3,749
3,017
2,951
2,878
3,289
2,363
2,179
3,014
3,962
3,776
3,969
3,239
3,144
3,034
3,550
2,532
2,283
3,152
4,283
4,055
4,264
3,483
3,339
3,272
3,805
2,819
2,469
3,349
4,650
4,386
4,629
3,735
3,627
3,544
4,045
2,991
80
94
195
153
117
136
125
110
135
89
72
102
138
129
141
116
110
103
122
83
71
102
139
131
140
114
106
100
119
86
74
103
136
129
136
109
107
104
119
86
72
98
136
128
135
109
106
104
118
87
870
868
756
636
1,101
640
1,101
623
1,056
606
713
865
629
611
1,043
474
1,082
543
849
509
1,560
1,869
1,464
1,493
2,017
1,244
2,123
1,559
1,850
1,350
2,180
2,646
2,121
2,228
2,625
1,732
2,819
2,127
2,623
1,960
2,409
2,803
2,246
2,480
2,949
1,877
3,072
2,326
2,878
2,152
2,726
3,117
2,499
2,534
3,380
2,165
3,731
2,655
3,295
2,462
2,948
3,344
2,704
2,750
3, 552
2,345
3,919
2,842
3,502
2,658
3,143
3,571
2,889
2,858
3,743
2,578
4,021
3,064
3,757
2,857
3,316
3,829
3,140
3,092
4,088
2,773
4,240
3,357
4,066
3,063
123
123
107
90
156
91
156
88
150
86
101
122
98
103
121
80
130
98
121
91
102
118
95
105
125
79
130
98
122
91
99
113
91
92
122
78
135
96
119
89
97
112
92
90
119
81
124
98
119
90
791
603
767
570
646
829
681
1,233
1,019
1,044
727
607
621
504
549
712
578
922
794
866
1,702
1,676
1,657
1,461
1,480
1,633
1,593
2,083
1,711
1,965
2,410
2,345
2,500
2,012
2,149
2,216
2,124
2,901
2,478
2,667
2,526
2,595
2,652
2,160
2,567
2,305
2,357
3,157
2,585
2,789
2,910
3,009
3,441
2,737
2,995
2,801
3,076
3,610
2,889
3,371
3,100
3,214
3,646
2,929
3,114
3,004
3,206
3,888
3,141
3,541
3,239
3,324
3,786
3,050
3,474
3,123
3,47«
4,131
3,350
3, 718
3,556
3,563
4,164
3,306
3,543
3,366
3,530
4,439
3,691
4,094
112
86
109
81
92
118
97
175
145
148
112
109
116
93
99
103
98
134
115
123
107
110
112
91
108
97
100
133
109
118
105
109
125
99
109
101
111
131
105
122
104
104
122
97
104
98
103
130
108
120
865
790
778
748
1,034
612
716
849
791
812
708
711
719
627
892
594
593
744
736
626
1,656
1,792
1,764
1,622
2,005
1,455
1,704
1,805
1,733
1,730
2,349
2,489
2,405
2,387
2,530
1,950
2,331
2,337
2,362
2,248
2,512
2,587
2,575
2,508
2,715
2,140
2, 576
2,590
2,503
2,419
2,792
3,039
3,053
3,135
3,559
2,760
3,444
3,100
3,064
2,848
,2,988
: 3, 221
3,300
3,451
3,779
2,972
3,475
3,377
3,221
3,124
3,174
3,350
3,487
3,690
3,942
3,185
3,527
3,486
3,310
3,311
3,552
3,422
3,746
3,984
4,335
3,382
3,860
3,710
3,553
3,567
123
112
110
106
147
87
102
120
112
115
109
115
111
110
117
90
108
108
109
104
106
109
109
106
115
90
109
109
106
102
101
110
111
114
129
100
125
112
111
103
104
100
110
116
127
99
113
108
104
104
665
703
855
772
921
852
628
677
583
679
569
657
722
579
664
670
552
566
500
659
1,464
1,630
1,831
1,620
1,731
1,778
1,465
1,484
1,446
1,653
2,050
2,215
2,452
2,224
2,257
2,704
2,165
2,180
1,906
2,120
2,520
2,225
2, 327
2,787
2,757 - 3, 227
2,343 2,955
2,515
2,934
2, 853
3,075
2,374
2,926
2,320
2,947
2,188
2,534
2,620
2,185
2,731
2,991
3,475
3,310
3,162
2,969
3,057
3,112
2,864
2,756
3,004
3,215
3,620
3,442
3,388
2,949
3,154
3,265
2,919
2,869
3,255
3,403
3,879
3,688
3,635
3,087
3.254
3,593
3,167
3,168
94
100
121
110
131
121
89
96
83
96
95
102
113
103
104
125
100
101
88
98
94
98
116
99
106
120
100
98
92
92
91
101
117
107
106
111
106
107
92
95
95
99
113
108
106
90
95
105
93
93
804
697
1,035
807
702
788
816
695
610
790
692
569
793
688
1,614
1,685
1,945
1,653
1,621
1,887
1,923
2,322
2,372
2,688
2,098
2,092
2,498
2,480
2,540
2,459
2,873
2,429
2,260
2,501
2,614
3,006
2,995
3,608
3,016
3,063
3,402
3,260
3,198
3,107
3,817
3,076
3,177
3,598
3,432
3,439
3,402
4,069
3,251
3,317
3,818
3,650
114
99
147
114
100
112
116
107
110
124
97
97
116
115
107
104
121
103
95
106
110
101
103
122
107
99
117
110
101
99
119
95
97
112
107
2,797
2,829
3,355
2,949
2,734
3,240
3,028
May WTO
SURVEY OF CURRENT BUSINESS
31
Source, by SMSA's and Non-SMSA's, for Selected Years, 1929-68
Earnings by broad industrial source, where earned, 1968
Per capita personal income, where received— Con.
Percent increase
Rank in SMSA's
1929
1950
1959
1968
1929-68
1959-68
MiUions of dollars
Total
earnings 4
Farm
earnings
Government
earnings
Manufacturing
Mining
Transportation,
Wholesale
communi- and retail
cations,
trade
and public
utilities
Finance,
insurance,
and real
estate
385
311
550
58
56
63
548,643.0
419,982.3
128,660.7
17,525.0
4,005.3
13,519.7
93,299. 0
67,137.4
26,161.6
161,184.0
126,804.4
34,379.6
5,464. 0
2,495.7
2,968.3
32,812.0
25,711.4
7,100.6
37,863.0
31,035.8
6,827.2
692.4
157.4
26.3
44.8
187.9
12.3
44.5
150.4
29.5
20.9
725.6
98.4
13.9
48.2
119.9
6.4
44.3
170.7
25.4
15.3
2, 052. 2
360.9
41.2
142.3
433.1
33.7
96.5
345.4
74.6
53.5
829.5
98.0
11.5
26.8
340.0
6.6
30.8
94.4
12.1
15.4
31.9
132.4
84.4
83.4
1,698.3
320.6
39.4
110.9
71.8
82.7
1,573.0
225.2
109.9
348.5
223.8
221.1
4,536.6
699.6
127.5
84.1
16.5
33.7
356.7
53.7
228 2
41.4
77.8
89.5
139.3
106.4
55.6
28.9
481 6
39.5
283.2
40.8
103.2
326.0
49.8
2.8
42.7
7.2
3.5
12.0
82.6
10.4
7.1
3.6
28.4
48.2
1, 854. 8
407.5
275.9
859.4
483.8
40.3
186.6
22.2
3.1
.5
18
8
120
116
5
140
65
21
98
79
72
30
201
126
8
164
110
36
56
88
36
14
173
143
9
162
69
22
45
82
17
7
74
146
9
185
87
18
39
57
313
304
425
355
288
357
335
320
410
366
64
62
90
54
54
48
50
55
54
60
11, 475. 1
2, 558. 5
262.2
1, 000. 2
3,143.9
200.3
627.6
2, 295. 8
622.4
413.5
26.1
2.6
4.1
7.4
28.4
4.7
3.6
8.2
7.2
2.1
1, 669. 4
218.4
31.7
128.1
297.4
18.5
53.5
259.5
157.8
35.9
3,153.7
1, 136. 5
85.8
472.3
1, 354. 8
89.8
276.0
900.4
245.9
198.6
4.7
.7
.2
1.7
1.6
0
.6
3.7
52
41
72
89
176
76
71
83
121
108
85
96
120
72
83
86
297
311
345
357
324
387
54
62
55
57
61
60
501.1
2,064.6
1, 514. 0
1, 622. 3
28,301.4
5,031.2
4.6
2.7
13.5
11.0
126.2
146.7
70.3
280.2
260.6
187.7
3,669.3
1,131.0
126.1
767.4
558.0
746.7
10,112.1
1,582.9
.2
20
70
146
47
31
118
19
93
87
43
87
68
175
153
63
158
45
80
102
55
81
89
181
155
74
107
47
150
101
19
68
81
193
181
43
113
58
109
103
24
265
346
348
244
311
390
270
347
340
371
57
57
54
49
63
52
49
68
53
51
2,068.4
1, 567. 8
300.3
413.3
6, 220. 2
828.4
3, 951. 6
699.7
1, 167. 9
2, 152. 3
9.5
13.1
3.9
7.1
20.3
12.3
22.3
15.5
14.4
.2
480.0
116.9
34.9
69.8
1,508.6
113.3
512.9
58.5
303.7
259.3
562.3
799.4
94.8
68.8
1, 703. 9
380.3
1,679.6
346.7
276.7
920.1
171
126
1
9
56
23
35
83
25
147
196
100
5
22
7
54
69
93
46
188
215
104
3
10
2
39
57
97
25
184
216
110
3
8
4
47
64
79
26
172
336
404
238
307
459
289
311
359
326
379
60
52
56
57
52
50
53
60
54
66
535.8
835.2
42, 209. 6
6,630.4
4, 141. 6
14, 421. 3
6, 933. 4
846.0
2, 871. 0
522.1
9.5
43.0
23.4
5.1
4.0
58.5
11.8
12.9
49.0
2.6
65.0
73.3
5,684.3
692.5
382.4
2, 152. 9
670.9
67.5
283.7
68.7
192.6
390.9
9, 560. 5
2,248.5
1,604.9
4,931.0
2, 723. 7
414.4
1, 417. 4
201.4
39
40
91
139
7
137
6
148
116
25
140
132
11
184
3
117
111
21
131
92
26
193
8
127
117
35
148
154
21
196
15
108
281
341
315
386
271
333
285
439
285
405
52
45
48
39
56
60
50
58
55
56
1, 723. 2
993.5
900.6
341.4
9, 394. 1
734.4
1, 665. 6
868.4
115,937.6
16,293.5
21.9
3.5
19.6
17.0
13.7
3.5
19.9
23.6
460.9
507.4
239.7
185.7
230.0
34.5
4, 138. 5
100.2
231.3
83.8
18,842.9
3,288.6
564.2
348.6
319.1
151.8
394.9
284.7
769.8
405.2
33,756.3
5,531.5
74
159
88
169
133
55
117
3
16
12
60
67
74
143
134
82
103
6
58
15
49
63
37
147
118
98
128
7
43
20
75
71
16
121
80
105
82
6
52
20
350
491
443
480
448
306
418
260
262
292
48
52
67
64
65
52
66
53
49
54
1, 977. 8
418.7
851.0
262.3
274.0
1, 029. 2
438.5
24, 754. 7
3, 998. 5
7, 049. 3
8.1
6.0
5.6
9.2
23.4
7.1
17.8
41.1
11.0
13.8
172.5
31.2
202.4
24.7
41.7
74.9
208.8
2, 574. 5
430.5
480.8
42
75
82
94
15
153
107
49
73
58
75
41
44
89
12
145
59
40
51
53
60
40
51
53
32
160
67
65
58
90
78
96
45
28
11
104
31
49
77
70
311
333
381
433
319
453
439
337
349
339
51
37
56
67
71
73
66
59
50
59
2, 665. 0
1, 051. 4
2, 765. 8
420.1
15, 175. 2
650.9
1, 651. 7
937.1
1, 949. 0
1,538.0
16.0
27.0
24.5
7.6
13.3
9.6
10.7
8.0
11.7
23.8
125
113
46
81
30
48
143
121
165
119
142
84
35
91
52
43
139
133
146
77
141
99
46
94
87
15
114
110
167
132
125
98
29
53
60
156
126
67
142
141
389
384
354
378
295
262
418
431
443
367
59
54
58
66
61
14
50
65
66
49
379.2
590.5
3, 479. 0
422.3
598.1
290.3
304.6
1, 123. 1
473.0
666.8
63
115
14
61
114
77
57
94
66
19
78
90
23
21
70
56
17
134
136
38
42
95
99
23
128
116
37
56
328
388
293
303
373
385
347
48
43
51
55
59
53
47
770.9
400.6
4,465.9
351.1
425.7
1, 065. 3
452.1
Contract
construction
90,198.0
71,695.9
18,502. 1
28,734.0
25,233.0
3,501.0
Services
80,014.0
65,020.6
14,993.4
Line
1
2
3
2, 284. 1
475.0
47.1
119.7
372.9
27.4
77.0
359.1
67.1
69.4
4
5
6
7
8
9
10
11
12
13
38.7
115.4
76.3
64.7
1,760.1
159.7
78.0
299.0
219.0
219.8
4,714.7
719.1
14
15
16
17
18
19
336.7
211.4
46.3
90.5
1, 003. 4
113.5
589.0
97.1
179.6
297.6
85.5
49.5
8.2
25.0
313.2
25.3
149.3
22.0
58.7
53.5
321.3
179.3
39.5
86.9
821.8
87.4
477.7
76.4
150.5
205.2
20
21
22
23
24
25
26
27
28
29
35.9
42.5
3, 805. 5
575.8
247.4
948.5
515.5
50.6
113.2
43.5
74.8
118.9
7, 779. 2
1, 076. 8
768.0
2, 369. 4
1, 082. 8
110.3
371.1
97.3
13.5
20.5
4, 748. 0
462.9
168.2
838.4
297.0
33.7
99.7
18.6
65.6
91.7
8, 631. 6
1, 139. 9
678.2
2,224.8
1, 059. 8
104.6
336.0
64.0
30
31
32
33
34
35
36
37
38
39
3.2
11.6
20.5
.9
5.4
285.8
198.6
120.9
40.6
36.4
17.9
555.0
42.9
109.5
71.9
6,311.2
926.2
127.6
54.4
48.4
26.5
531.1
52.1
81.1
47.8
8,951.6
963.7
310.1
132.0
113.2
43.8
1, 315. 6
119.5
199.9
124.0
19,171.6
2,306.6
84.5
35.2
32.7
12.9
464.5
26.7
62.0
18.5
8,227.8
436.9
247.1
190.1
96.5
30.5
1,935.9
83.1
186.1
86.1
19,697.7
2,057.2
40
41
42
43
44
45
46
47
48
49
958.1
262.8
402.4
111.8
54.0
514.6
43.1
8, 395. 3
1, 524. 2
2, 983. 7
2.0
.6
1.5
.5
2.2
3.1
.3
55.0
3.7
20.3
112.0
14.0
37.6
16.7
13.3
65.6
27.7
1, 594. 4
242.1
491.4
147.1
11.9
24.8
16.9
20.7
59.4
15.9
1, 923. 5
324.3
465.4
293.4
46.6
77.0
46.0
41.9
148.0
57.5
4, 750. 6
698.3
1, 228. 9
55.6
9.6
15.2
5.2
41.6
33.7
9.2
1, 539. 6
209.0
343.7
225.0
35.6
82.9
31.0
33.8
121.3
57.2
3, 852. 6
552.3
1, 015. 8
50
51
52
53
54
55
56
57
58
59
476.9
123.8
528.2
42.8
1, 547. 0
60.6
128.6
61.0
129.3
127.4
769.8
423.6
1, 221. 1
165.5
7, 108. 6
248.8
994.7
413.8
1, 052. 6
649.0
6.8
2.6
4.0
.4
10.4
15.2
1.1
1.
l!
203.0
74.6
133.1
28.5
808.3
48.6
66.6
67.6
188.5
104.2
180.5
61.4
106.0
47.9
808.4
41.4
53.7
67.8
134.6
90.1
460.7
174.7
351.0
58.0
2, 268. 9
113.0
217.5
160.2
220.8
282.2
179.1
42.8
77.0
16.0
628.4
26.6
31.8
49.7
45.2
56.8
367.8
119.2
317.3
52.7
1, 966. 4
87.3
145.7
106.8
165.3
200.4
60
61
62
63
64
65
66
67
68
69
13.3
3.2
42.6
7.6
5.0
6.5
7.6
23.8
24.6
9.4
25.9
71.7
452.8
44.4
73.8
38.6
82.1
230.4
45.3
53.6
136.6
287.4
1, 223. 0
189.0
287.7
141.7
90.6
459.3
205.7
376.3
7*. 7
.3
.7
0
.7
1.1
1.0
1.2
26.1
54.6
225.0
23.8
40.6
18.4
18.1
68.8
31.3
39.7
36.1
20.7
252.0
41.4
24.8
10.8
13.2
32.2
27.7
27.4
79.6
70.3
624.8
55.3
80.3
34.1
40.0
143.1
71.9
72.9
10.1
21.0
243.6
10.4
17.0
5.3
15.1
41.5
15.7
15.3
50.4
59.9
403.7
49.5
67.4
34.6
36.8
120.9
49.0
70.2
70
71
72
73
74
75
76
77
78
79
28.5
3.3
23.4
5.2
4.7
29.0
9.4
200.8
35.6
382.0
37.3
37.4
92.8
54.9
134.6
211.2
1,885.9
171.1
235.3
455.7
222.6
1.5
0
5.8
.4
1.0
5.6
.6
72.6
22.9
303.4
17.2
20.3
82.4
26.7
40.7
18.5
280.9
24.2
23.4
58.7
18.5
129.5
51.9
743.6
50.0
52.0
172.7
57.1
47.8
15.9
241.4
10.4
9.0
39.7
10.9
111.6
40.5
594.7
34.7
42.5
125.2
50.9
80
81
82
83
84
85
86
.6
(5)
(5)
.8
19.1
11.8
(5)
8
2.5
4.8
.4
.1
2.7
.9
.2
1.6
()
SURVEY OF CURRENT BUSINESS
32
May 1970
Table 2.—Per Capita Personal Income and Earnings by Broad Industrial
Per capita personal income, where received
Dollars
Percent of the national average
Line
1929
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
Great Lakes:
Rockford, 111
Saginaw Mich
South Bend Ind
Springfield, 111
Springfield, Ohio.
Steubenville-Weirton Ohio-W Va
Terre Haute Ind
Toledo Ohio-Mich
Youngstown- Warren, Ohio
Sum of SMS A's
Non-SMSA Area
- -
-
Plains:
Cedar Rapids, Iowa
Des Moines, Iowa
Dubuque Iowa
Duluth-Superior, Minn.-Wis
Fargo-Moorhead N Dak -Minn
Kansas City Mo -Kans
Lincoln Nebr
Minneapolis-St Paul Minn
Omaha, Nebr .-Iowa
Sioux City lowa-Nebr
108
109
110
111
112
113
114
115
116
Sioux Falls S. Dak
Springfield, Mo._
St Joseph Mo
St Louis, Mo -111
Topeka, Kans
Waterloo Iowa
Wichita Kans
Sum of SMS A's
Non-SMSA area .
117
118
119
120
121
122
123
124
125
126
Southeast:
Albany Ga
Asheville N C
Atlanta Ga
Augusta Ga -S C
Baton Rouge La
Biloxi- Gulf port Miss
Birmingham, Ala
Charleston S C
Charleston W, Va
Charlotte, N C
--- --
-
- -
----
-- -
127
128
129
130
131
132
133
134
135
136
Chattanooga, Tenn.«Ga
-Columbia S C
Columbus, Ga.-Ala
Durham, N.C
Fayetteville N C
Fort Lauderdale-Hollywood Fla
Fort Smith Ark -Okla
Gadsden Ala
Greensboro-Winston-Salem-High Point N C
Greenville, S.C
137
138
139
140
141
142
143
144
145
146
Huntington-Ashland W Va -Ky -Ohio
Hunts ville, Ala
Jacksonville Fla
Jackson, Miss
-Knoxville Tenn
Lafayette, La
--Lake Charles, La
Lexington Ky
Little Rock-North Little Rock Ark
Louisville Ky -Ind
147
148
149
150
151
152
153
154
155
156
Lynchburg V a
Macon. Ga
Memphis Tenn -Ark
Miami, Fla
Mobile, Ala
Monroe, La
- _
Montgomery, Ala
Nashville, Tenn
New Orleans La
Newport News-Hampton, Va
157
158
159
160
161
162
163
164
165
166
Norfolk-Portsmouth, Va
Orlando Fla
Pensacola Fla
Pine Bluff, Ark
Raleigh, N.C
_ .
Richmond Va
Roanoke, Va
Savannah Ga
Shreveport, La
T allahassee Fla
167
168
169
170
171
172
173
Tampa-St Petersburg Fla
Tuscaloosa Ala
West Palm Beach, Fla
Wheeling, W. Va.-Ohio
Wilmington N C
SumofSMSA's
Non-SMSA area
See footnotes at end of table.
- --
-
- -
-
_ _ _ _ _
_
_ _
_
_
__
_
__
_ -_
-
-
_
--
- --
1940
1950
1959
1962
1965
1966
1967
1968
1929
1959
1962
1965
1968
900
739
787
726
746
663
530
891
739
976
475
772
626
761
703
687
582
441
729
638
793
415
2,044
1,604
2,045
1,603
1,597
1,589
1,243
1,820
1,544
1,869
1,224
2,546
2,212
2,509
2,316
2,132
2,374
1,820
2,300
2,178
2,538
1,783
2,749
2,374
2,412
2,686
2,256
2,619
2,087
2,443
2,235
2,724
2,000
3,349
3,110
2,802
3,121
2,632
3,255
2,470
2,911
2,767
3,255
2,399
3,629
3,278
3,014
3,208
2,851
3,340
2,633
3,117
2,943
3,478
2,601
3,896
3,373
3,182
3,474
2,992
3,440
2,702
3,290
3,054
3,661
2,724
4,082
3,631
3,395
3,694
3,203
3,605
2,857
3,634
3,385
3,962
2,911
128
105
112
103
106
94
75
126
105
138
67
118
102
116
107
99
110
84
106
101
117
83
116
100
102
113
95
111
88
103
94
115
84
121
113
102
113
95
118
89
105
100
118
87
119
106
99
108
94
105
84
106
99
116
85
874
1,007
662
640
597
771
779
930
886
810
728
757
527
536
561
647
568
111
658
690
1,937
1,858
1,496
1,419
1,691
1,663
1,524
1,854
1, 699
1,738
2,683
2,734
2,012
1,914
2,147
2,421
2,345
2,613
2,357
2,276
2,951
2,810
2,154
2,098
2,557
2,639
2,598
2,892
2,562
2,402
3,300
3,192
2,562
2,471
2,660
3,106
2,962
3,354
2,853
2,777
3,542
3,495
2,751
2,652
2,689
3,315
3,106
3,643
3,111
2,978
3,818
3,718
2,835
2,792
3,055
3,583
3,415
3,902
3,334
3,231
4,046
4,029
3,073
3,053
3,237
3,860
3,745
4,266
3,560
3,479
124
143
94
91
85
109
110
132
126
115
124
127
93
89
99
112
109
121
109
105
125
119
91
89
108
111
110
122
108
101
120
116
93
90
96
113
107
122
103
101
118
118
90
89
95
113
109
125
104
102
626
578
704
953
739
708
833
858
431
557
490
564
763
577
729
664
700
362
1,501
1,354
1,630
1,788
1,585
1,866
1,877
1,743
1,215
1,804
1,955
2,299
2,482
2,300
2,753
2,537
2,451
1,594
1,955
2,094
2,494
2,602
2,576
2,730
2,652
2,640
1,871
2,341
2,254
2,456
3,122
2,876
3,048
2,867
3,060
2,250
2,511
2,407
2,660
3,342
2,944
3,282
3,104
3,289
2,437
3,128
2,649
2,891
3,540
3,458
3,437
3,248
3,527
2,540
3,457
2,928
3,091
3,806
3,718
3,669
3,484
3,811
2,703
89
82
100
135
105
100
118
122
61
83
90
106
115
106
127
117
113
74
83
88
105
110
109
115
112
111
79
85
82
89
113
104
110
104
111
82
101
86
90
111
109
107
102
111
79
538
446
674
446
560
467
550
427
600
553
501
428
602
408
591
346
485
457
598
563
1,226
1,143
1,605
1,222
1,497
1,468
1,258
1,035
1,459
1,550
1,640
1,730
2,309
1,709
2,121
1,611
1,960
1,410
2,133
2,148
1,689
1,878
2,547
1,993
2,107
1,809
2,060
1,613
2,160
2,375
2,175
2,248
2,989
2,429
2,426
2,045
2,435
1,839
2,523
2,810
2,392
2,413
3,197
2,696
2,569
2,284
2,573
1,988
2,761
3,065
2,407
2,531
3,377
2,745
2,871
2,253
2,744
2,234
2,970
3,248
2,693
2,738
3,664
3,002
3,173
2,577
2,962
2,396
3,098
3,575
76
63
96
63
79
66
78
61
85
78
76
80
107
79
98
75
91
65
99
99
71
79
108
84
89
76
87
68
91
100
79
81
108
88
88
74
88
67
91
102
79
80
107
88
93
75
87
70
91
105
652
439
496
474
369
520
366
348
643
372
509
459
493
395
458
577
282
342
496
375
1,290
1,115
1,368
1,132
1,546
1,437
898
1,101
1,386
1,175
1,894
1,649
1,657
1,676
1,579
2,215
1,584
1,713
2,031
1,685
1,951
1,787
1,779
1,888
1,814
2,230
1,688
1,708
2,278
1,968
2,456
2,200
2,153
2,120
1,967
2,663
1,774
2,073
2,705
2,406
2,714
2,374
2,470
2,355
2,133
2,826
1,924
2,256
2,905
2,729
2,847
2,485
2,809
2,699
2,531
3,073
2,097
2,387
3,099
2,787
3,046
2,660
3,057
2,841
2,733
3,443
2,270
2,647
3,406
3,033
92
62
70
67
52
74
52
49
91
53
88
76
77
78
73
102
73
79
94
78
82
75
75
80
77
94
71
72
96
83
89
80
78
77
71
96
64
75
98
87
89
78
89
83
80
101
66
77
100
89
491
253
752
462
487
290
389
783
643
793
428
214
634
414
459
274
377
524
474
628
1,140
721
1,430
1,237
1,342
1,095
1,331
1,227
1,246
1,576
1,806
1,790
2,123
1,803
1,838
1,676
1,969
1,948
1,934
2,265
1,917
1,861
2,243
1,954
1,951
1,825
1,858
2,252
2,061
2,423
2,392
2,322
2,642
2,209
2,320
2,165
2,322
2,590
2,533
2,911
2,576
2,455
2,839
2,399
2,489
2.181
2,505
2,837
2,724
3,084
2,727
2,459
3,023
2,446
2,665
2,370
2,868
3,051
2,861
3,264
2,880
2.635
3,339
2,709
2,877
2,573
3,134
3. 251
3,145
3,626
70
36
107
66
69
41
55
111
91
112
84
83
98
83
85
78
91
90
89
105
81
79
95
83
82
77
78
95
87
102
87
84
96
80
84
78
84
94
92
105
84
77
98
79
84
75
92
95
92
106
467
527
629
879
499
494
526
610
723
606
458
446
521
770
413
426
470
519
592
636
1,100
1,171
1,355
1,660
1,043
1,190
1,202
1,329
1,531
1,368
1,723
1,674
1,786
2,337
1,620
1,654
1,670
2,005
2,133
2,050
2,003
1,781
1,961
2,403
1,676
1,788
1,832
2,198
2,280
2,281
2,391
2,164
2,353
2,909
2,197
2,074
2,169
2,590
2,663
2,673
2,535
2,333
2,547
3,094
2,354
2,327
2,261
2,810
2,852
2,860
2,641
2,594
2,710
3,408
2,397
2,502
2,440
2,985
3,026
3,167
2,939
2,773
2,991
3,833
2,575
2,708
2,639
3,274
3,250
3,308
66
75
89
125
71
70
75
87
103
86
80
77
83
108
75
77
77
93
99
95
85
75
83
101
71
76
77
93
96
96
87
78
85
105
80
75
79
94
96
97
86
81
87
112
75
79
77
96
95
97
612
568
495
376
464
830
585
626
581
395
634
568
481
291
470
845
606
510
592
442
1,585
1,342
1,162
831
1,189
1,742
1,464
1,254
1,577
1,071
1,875
2,074
1,880
1,454
1,764
2,328
1,965
1,838
1,945
1,701
2,062
2,165
1,969
1,630
1,983
2,620
2,181
1,792
1,970
1,917
2,486
2,384
2,425
1,981
2,369
3,086
2,619
2,168
2,277
2,344
2,688
2,502
2,601
2,072
2,580
3,247
2,725
2,347
2,475
2,401
2,871
2,689
2,853
2,237
2,696
3,477
2,923
2,586
2,647
2,615
3,190
3,038
3,149
2,477
2,974
3,764
3,164
3,063
2,884
2,973
87
81
70
53
66
118
83
89
82
56
87
96
87
67
82
108
91
85
90
79
87
91
83
69
84
111
92
76
83
81
90
86
88
72
86
112
95
79
83
85
93
89
92
72
87
110
92
90
84
87
595
315
876
671
547
591
267
562
261
701
504
421
526
246
1,283
872
1,347
1,306
1,071
1,359
807
1,961
1,523
1,976
1,899
1,480
1,965
1,260
2,097
1,552
2,183
2,042
1,656
2,113
1,418
2,387
1,682
2,601
2,288
2,102
2,509
1,709
2,538
1,758
2,796
2,495
2,272
2,695
1,876
2,786
1,886
3,016
2,668
2,413
2,887
2,015
3,071
2,118
3,491
2,892
2,697
3,164
2,206
84
45
124
95
78
84
38
91
70
91
88
68
91
58
89
66
92
86
70
89
60
86
61
94
83
76
91
62
90
62
102
85
79
92
64
May 1970
SURVEY OF CURRENT BUSINESS
33
Source, by SMSA's and Non-SMSA's, for Selected Years, 1929-68—Continued
Per capita personal income, where received— Con.
Percent increase
Rank in SMSA's
1929
1950
1959
Earnings by broad industrial source, where earned, 1968
1968
Millions of dollars
1929-68
1959-68
Total
earnings *
Farm
earnings
Government
earnings
Manufacturing
Mining
Contract
construction
Transportation,
Wholesale
communi- and retail
trade
cations,
and public
utilities
Finance,
insurance,
and real
estate
Services
Line
.9
.5
10.9
9.9
3.6
3.1
193.2
389.8
56.5
36.4
43.2
39.2
15.8
35.0
26.3
131.3
98.7
5,912.0
1,319.7
29.6
35.9
47.6
49.0
18.3
32.0
38.0
149.4
87.8
6,040.3
1,281.4
125.9
89.1
132.1
82.3
47.4
46.9
77.2
326.3
204.7
15,356.2
3,485.9
26.2
17.5
40.7
39.8
13.2
8.8
13.5
63.4
42.5
4,451.8
619.8
93.0
63.5
115.5
71.2
48.8
43.0
46.3
265.3
173.9
12,399.2
2,534.7
87
88
89
90
91
92
93
94
95
96
97
232.6
225.5
112.9
86.2
19.8
1, 117. 8
70.5
1,830.3
304.6
76.6
2.3
2.2
.4
94.3
(5)
5.0
.1
7.1
1.6
.1
32.8
59.0
15.0
44.0
24.7
238.1
33.9
424.1
109.7
17.3
28.5
79.9
14.2
65.1
26.9
479.3
35.0
499.5
175.2
27.7
77.9
198.4
36.0
106.9
72.7
785.1
71.9
1, 197. 2
288.5
65.5
24.5
117.2
7.2
20.3
19.7
260.3
39.5
394.2
126.5
14.3
59.2
155.1
34.9
99.7
48.5
550.1
68.6
911.0
238.1
46.9
98
99
100
101
102
103
104
105
106
107
21.9
39.9
25.1
804.3
104.2
35.2
168.1
3,108.0
3,356.7
48.6
94.2
78.5
2,680.8
72.2
179.9
450.9
7,681.9
2,573.1
(5)
11.8
22.2
13.4
464.1
30.4
22.5
61.7
1,624.8
937.4
23.9
28.5
20.7
622.6
55.4
21.2
65.8
2,269.3
944.5
58.9
73.2
46.6
1,244.0
70.9
55.4
193.2
4,642.3
2,878.2
17.1
17.4
10.3
371.2
30.9
11.9
56.5
1,538.9
511.0
40.5
55.2
29.5
979.1
60.9
43.7
170.6
3,591.5
2,063.5
108
109
110
111
112
113
114
115
116
3.3
4.4
4.8
6.1
1.0
.4
10.5
5.9
0
12.7
50.1
53.1
535.9
297.0
114.5
176.9
192.3
294.0
74.4
90.2
35.3
114.5
985.4
209.8
193.2
22.1
554.2
102.7
208.1
277.5
(55)
()
17.9
18.9
287.9
43.5
159.8
13.8
110.0
43.5
39.9
118.0
9.0
19.3
497.8
28.8
39.6
17.3
173.8
39.5
78.9
164.9
35.6
58.3
1,022.6
79.2
122.4
38.8
354.8
93.1
113.5
328.1
9.3
13.0
330.0
22.4
39.0
10.1
118.7
23.5
28.0
102.9
21.6
56.7
614.7
63.2
105.3
35.8
244.1
76.5
86,0
185.6
117
118
119
120
121
122
123
124
125
126
842.4
756.6
666.4
440.1
535.1
969.0
266.1
217.7
1, 772. 5
746.4
4.9
5.0
2.6
7.3
6.4
15.5
3.7
4.0
23.2
2.2
79.0
249.5
359.6
85.8
357.3
105.6
32.0
23.0
154.3
63.2
365.9
109.5
111.1
116.7
38.2
126.0
82.4
109.1
752.9
317.1
(5)
48.0
55.1
26.8
32.7
17.2
141.5
24.6
10.8
107.1
64.5
36.0
51.9
22.3
21.6
14.4
56.7
18.9
11.3
128.7
40.2
140.5
127.0
68.0
60.5
51.1
226.5
49.1
28.2
294.1
118.5
57.1
56.5
21.0
28.9
13.3
80.1
10.4
6.6
97.4
33.6
109.7
98.6
54.1
85.8
36.7
207.0
40.0
24.6
210.6
105.3
127
128
129
130
131
132
133
134
135
136
59
47
57
50
57
54
59
67
63
60
607.0
540.7
1,439.8
604.9
973.8
219.6
342.0
509.2
815.8
2,446.3
.5
21.7
1.8
14.8
4.0
4.9
12.6
19.2
5.9
5.4
71.9
163.1
395.8
93.5
168.8
28.5
39.2
76.0
157.0
273.2
222.3
96.2
161.7
88.0
361.7
12.3
100.0
133.9
156.6
939.9
38.6
19.9
87.5
56.2
54.7
16.8
59.5
44.5
69.5
175.2
60.9
11.6
140.8
47.9
44.0
19.1
22.1
32.0
74.3
192.1
105.1
59.4
320.3
124.3
166.9
45.2
45.6
83.6
159.0
411.4
20.0
12.8
133.8
60.5
29.6
9.4
9.6
27.7
68.0
128.6
80.9
155.0
194.5
106.7
124.4
36.4
40.7
90.1
116.1
314.2
137
138
139
140
141
142
143
144
145
146
529
426
376
336
416
448
402
437
350
446
71
66
67
64
59
64
58
63
52
61
330.7
502.4
1, 925. 6
3, 417. 0
761.1
245.4
464.7
1, 493. 1
2, 746. 8
816.2
2.9
6.7
34.4
56.5
2.7
5.8
13.3
13.7
1.9
.8
43.7
189.0
334.0
489.3
171.3
33.4
143.5
198.4
358.0
338.4
152.1
94.6
435.4
445.1
174.3
51.1
57.6
399.5
462.4
235.5
17.9
24.9
121.0
237.8
50.5
35.0
32.9
106.6
212.9
38.6
16.8
26.4
160.6
505.2
74.3
21.3
29.1
101.6
357.2
26.3
43.3
74.0
432.5
699.5
133.7
50.2
87.1
287.4
558.6
77.1
14.1
23.8
104.3
247.6
33.6
10.0
28.8
125.9
182.8
20.5
39.3
61.4
298.4
716.9
115.9
36.0
71.1
256.2
457.4
77.5
147
148
149
150
151
152
153
154
155
156
138
165
144
215
175
41
143
161
186
176
421
435
536
559
541
353
441
389
396
653
70
46
68
70
69
62
61
67
48
75
1,838.8
976.2
552.4
169.2
552.8
1, 585. 6
498.8
484.5
692.6
213.2
7.8
94.8
6.5
15.8
16.7
4.9
2.3
1.1
15.8
1.4
991.1
156.9
229.5
23.5
117.2
264.6
71.3
108.5
131.5
105.7
145.4
175.3
110.4
39.1
89.3
390.0
117.4
124.0
105.9
10.6
0
(5)
0
(5) 1.7
(55)
()
37.4
.1
93.6
72.8
32.7
12.7
32.9
114.7
31.8
30.4
53.4
15.3
108.2
54.3
22.8
23.2
36.0
143.9
75.5
59.2
71.1
5.1
244.3
193.3
69.5
24.9
119.7
309.9
101.2
77.9
134.1
36.1
58.2
64.4
20.6
6.6
52.8
136.2
25.3
19.9
31.1
12.0
188.5
159.4
58.4
22.9
85.0
216.5
71.8
62.6
111.1
25.7
157
158
159
160
161
162
163
164
165
166
160
220
88
184
204
416
572
299
331
393
435
726
57
39
77
52
82
61
75
1, 928. 1
219.1
773.0
417.6
221.4
50,625.3
40.692.4
13.7
3.8
113.5
2.9
5.5
659.8
3.811.7
334.5
58.2
80.6
42.7
39.0
9,908.4
8.340.3
349.1
68.5
145.6
125.0
54.5
11,662.0
12.230_'n
.6
1.1
.1
35.9
(5)
459.1
1.Aftt!l
146.7
13.6
68.1
35.7
13.7
3,650.6
167.6
9.6
26.6
30.3
26.5
4 294.3
l'ft«fi*7
436.4
28.9
139.7
66.6
40.0
9 397.0
a AS&'K
132.8
7.6
51.4
16.3
9.4
3 038.0
I'AAA'I
337.3
27.1
137.9
61.8
32.1
7 449.3
4*4«i*a
167
168
169
170
171
172
54.5
32
99
78
105
96
127
180
33
101
10
98
9
99
101
105
185
38
122
30
102
35
72
126
55
180
76
113
22
63
101
50
137
66
190
61
102
354
391
331
409
329
444
439
308
358
306
513
60
64
35
59
50
52
57
58
55
56
63
918.8
662.3
786.3
485.1
391.6
485.3
395.3
1,986.5
1, 554. 4
93,782.4
24,331.4
13.2
11.3
13.3
13.4
7.0
.3
21.5
33.1
5.7
661.2
1,922.3
48.2
64.0
102.5
77.9
28.3
60.1
208.3
120.0
10,190.9
3,868.8
516.3
358.7
328.5
85.2
162.0
279.8
102.1
803.2
816.1
38,462.9
8,804.5
38
17
128
136
162
85
81
29
34
60
20
27
131
152
64
70
125
29
62
49
18
12
146
166
120
48
64
27
59
83
25
27
159
163
132
30
46
14
73
91
363
300
364
377
442
401
381
359
302
330
51
47
53
60
51
59
60
63
51
53
500.3
945.4
244.3
642.1
281.6
3,954.2
419.1
6, 014. 1
1, 541. 9
309.8
12.9
8.8
11.5
1.6
23.9
30.0
7.9
20.1
31.2
18.6
29.0
98.1
11.8
122.9
44.6
484.8
91.0
722.0
262.9
42.1
144
167
112
24
100
111
53
128
163
85
42
108
26
24
183
159
78
41
77
11
31
93
182
155
38
48
54
90
452
407
339
299
403
418
318
344
527
92
50
34
53
62
33
37
55
70
237.3
334.6
234.0
7, 228. 5
427.8
381.6
1, 205. 4
24,902.0
17,187.7
13.1
3.1
9.5
24.6
2.2
10.7
16.4
246.1
3,617.8
179
199
123
200
173
194
177
203
160
176
191
202
97
192
130
137
180
213
144
120
209
194
73
198
130
211
158
220
125
119
205
199
55
169
140
212
178
217
153
69
401
514
444
573
467
452
439
461
416
546
64
58
59
76
50
60
51
70
45
66
182.4
339.1
4, 289. 4
753.2
781.0
316.9
1,805.2
680.3
656.2
1,283.9
131
201
186
193
212
184
213
216
135
211
177
205
159
204
121
147
216
206
157
197
170
208
206
202
214
100
213
196
144
200
164
208
162
191
200
94
218
209
97
166
367
506
516
499
641
562
520
661
430
715
61
61
84
70
73
55
43
55
68
80
189
221
92
197
192
220
209
80
134
71
203
221
149
186
166
208
169
190
183
112
182
187
129
185
176
201
154
161
165
86
187
211
111
202
188
214
149
127
147
65
487
942
344
486
491
787
706
315
389
357
195
182
141
36
185
188
183
155
106
157
207
198
162
73
212
194
193
170
124
160
195
203
188
66
210
207
204
149
124
140
179
197
171
33
213
203
210
123
129
119
154
170
187
210
196
54
164
145
166
206
107
168
199
218
195
47
141
181
111
210
172
138
171
219
191
68
156
175
164
199
163
218
37
124
178
178
217
165
173
209
157
216
152
169
217
5
2.3
1.0
()
.7
.3
29.9
.2
.6
20.6
166.3
207.8
5.5
2.7
5.5
0.3
45.6
(5)
26.6
(«)
(55)
()
(5)
(5)
(5)
2.3
2.2
4.0
.1
2.9
5.6
(5)
18.2
46.6
11.6
.6
7.7
4.6
(5)
(5)
.4
2.7
9.8
.9
1.9
1.7
151.1
.1
(5)
2*1M*7
173
SURVEY OF CUKKENT BUSINESS
34
May 1970
Table 2.—-Per Capita Personal Income and Earnings by Broad Industrial
Per capita personal income, where received
Dollars
Percent of the national average
Line
1929
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
Southwest:
Abilene, Tex ..- .
Albuquerque, N. Mex . _ ._
_
Amarillo, Tex
Austin, Tex
Beaumont-Port Arthur-Orange, Tex
_ _
Brownsville-Harlingen-San Benito, Tex
Corpus Christi, Tex
. ._. _ . _
Dallas, Tex
.
El Paso, Tex
Fort Worth, Tex
Galveston-Texas City, Tex
Houston, Tex
Laredo, Tex _ _ . _ . .
Lawton, Okla
. . .
Lubbock, T e x
....___
...
McAllen-Pharr-Edinburg, Tex.._
- - - - - - - Midland, Tex
Odessa, Tex
Oklahoma City, Okla
Phoenix, Ariz
San Angelo, Tex
San Antonio, Tex
Sherman-Denison, Tex
Texarkana, Tex.-Ark
Tucson, Ariz..
Tulsa, Okla.. _
Tyler, Tex.
Waco, Tex
.
Wichita Falls, Tex. . _
Sum of SMS A' a
Non-SMSA area
. .
...
..
.
205
206
207
208
209
210
211
212
213
214
215
216
Rocky Mountain:
Billings, Mont
Boise City, Idaho
Cheyenne, Wyo
.
Colorado Springs, Colo
Denver, Colo ..
Great Falls, Mont.
Ogden, Utah
Provo-Orem, Utah
Pueblo, Colo
Salt Lake City, Utah .
SumofSMSA's .
Non-SMSA area
217
218
219
220
221
222
223
224
225
226
Far West:
Anaheim-Santa Ana- Gar den Grove, Calif
Bakersfield, Calif . .
Eugene, Oreg
.
Fresno, Calif
Las Vegas, Nev
Los Angeles -Long Beach, Calif
Oxnard-Ventura, Calif
Portland, Oreg.-Wash __. _
. ..
Reno, Nev
Sacramento, Calif
227
228
229
230
231
232
233
234
235
236
....
Salem, Oreg
Salinas-Monterey, Calif
San Bernardino- Riverside-Ontario, Calif
San Diego, Calif .__
... .
_
San Francisco-Oakland, Calif
San Jose, Calif
_
Santa Barbara, Calif
Seattle-Everett, Wash.
Spokane, Wash
Stockton, Calif..
237
238
239
240
Tacoma, Wash
Vallejo-Napa, Calif
SumofSMSA's
Non-SMSA area
241
242
243
244
Alaska and Hawaii:
Anchorage, Alaska
Honolulu, Hawaii
SumofSMSA's —
Non-SMSA area
..
... __
_. __
1940
1950
1959
1962
1965
1966
1968
1929
1959
1962
1965
1968
401
553
965
577
647
363
462
769
617
708
387
482
753
525
594
309
476
654
525
563
1,326
1,471
1,953
1,234
1,479
927
1,327
1,833
1,466
1,645
1,971
2,306
2,273
1,802
2,042
1,215
1,713
2,472
1,757
2,211
2,061
2,334
2,335
1,887
2,148
1,216
1,917
2,623
1,742
2,270
2,258
2,667
2,598
2,232
2,611
1,617
2,245
2,974
1,966
2,717
2,439
2,722
2,789 I 2,953
2,988
3,059
2,346
2,736
2,895
3,132
1,753
1,756
2,402
2,542
3,164
3,426
2,330
2,503
2,941
3,238
2,936
3,148
2,975
3,115
3,333
1,987
2,665
3,777
2,773
3,553
57
78
137
82
92
51
66
109
88
100
91
107
105
83
94
56
79
114
81
102
87
99
99
80
91
51
81
111
74
96
82
97
94
81
95
59
81
108
71
98
86
92
87
91
97
58
78
110
81
104
795
844
348
431
487
292
1,037
674
803
638
628
752
298
602
472
275
863
605
568
543
1,554
1,831
753
1,425
1,544
753
2,410
1,740
1,508
1,360
2,011
2,319
1,130
1,902
2,027
1,007
2,584
2,133
2,093
1,991
2,133
2,397
1,174
1,862
2,132
1,057
2,948
2,256
2,350
2,200
2,427
2,791
1,301
2,367
2,418
1,167
3,478
2,576
2,660
2,619
2,563
2,984
1,466
2,666
2,539
1,281
3,644
2,719
2,866
2,829
2,829
3,237
1,702
2,854
2,768
1,324
3,900
2,886
3,047
3,026
3,081
3,486
1,880
3,127
2,714
1,505
4,338
3,239
3,326
3,359
113
120
49
61
69
41
147
96
114
90
93
107
52
88
94
47
120
99
97
92
90
101
50
79
90
45
124
95
99
93
88
101
47
86
88
42
126
93
96
95
90
102
55
91
79
44
127
95
97
98
620
597
422
392
628
735
393
555
608
664
348
450
477
339
309
516
571
388
425
517
560
304
1,393
1,342
1,159
968
1,304
1,590
1,247
1,227
1,856
1,523
1,038
1,783
1,664
1,767
1,467
2,082
2,410
1,822
1,831
1,946
2,068
1,622
1,944
1,768
1,892
1,692
2,247
2,436
1,996
1,987
2,162
2,185
1,745
2,262
2,102
2,382
2,108
2,338
2,948
2,400
2,343
2,462
2,545
1,990
2,416
2,354
2,478
2,347
2,531
3,152
2,561
2,534
2,903
2,753
2,124
2,592
2,497
2,603
2,710
2,746
3,340
2,740
2,768
3,045
2,972
2,234
2,901
2,776
3,027
3,076
2,984
3,631
3,108
3,175
3,315
3,248
2,466
88
85
60
56
89
104
56
79
86
94
49
83
77
82
68
96
112
84
85
90
96
75
82
75
80
71
95
103
84
84
91
92
74
82
76
86
76
85
107
87
85
89
92
72
85
81
88
90
87
106
91
93
97
95
72
745
712
806
789
944
835
622
354
605
712
787
501
668
638
724
535
750
702
486
305
532
650
655
453
1,619
1,435
1,952
1,498
1,820
1,817
1,425
1,052
1,265
1,557
1,628
1,338
2,346
2,157
2,231
2,150
2,517
2,290
2,064
1,592
1,844
2,133
2,270
1,874
2,435
2,376
2,512
2,328
2,754
2,507
2,279
1,615
2,110
2,429
2,504
2,069
2,621
2,629
2,820
2,684
3,005
2,773
2,433
1,898
2,362
2, 535
2,729
2,315
2,811
2,808
2,911
2,839
3,255
2,978
2,584
1,842
2,506
2,664
2,907
2,425
3,086
2,998
3,200
3,077
3,498
3,049
2,696
1,937
2,595
2,813
3 103
2,561
3,323
3,206
3,295
3,249
3,753
3,264
2,877
2,224
2,769
3,025
3,332
2,691
106
101
114
112
134
118
88
50
86
101
112
71
109
100
103
99
116
106
96
74
85
99
105
87
103
100
106
98
116
106
96
68
89
103
106
87
95
95
102
97
109
100
88
69
86
92
99
84
97
94
96
95
110
95
84
65
81
88
97
79
747
656
490
615
732
1,059
859
857
1,057
811
603
609
494
623
747
877
618
729
1,050
773
1,586
1,579
1,611
1,567
1,994
1,946
1,570
1,701
2,267
1,737
2,597
2,225
2,206
2,178
2,719
2,920
2,347
2,386
3,123
2,393
2,772
2,313
2,145
2,299
3,599
3,155
2,339
2,686
3,132
2,712
3,103
2,835
2,501
2,668
3,165
3,603
2,393
3,094
3,665
3,031
3,346
2,919
2,495
2,758
3,306
3,902
2,426
3,301
3,833
3,103
3,558
3,050
2,597
2,909
3,469
4,175
2,520
3,488
4,101
3,238
3,818
3,363
2,829
3,209
3,850
4,492
2,679
3,756
4,309
3,473
106
93
70
87
104
150
122
122
150
115
120
103
102
101
126
135
109
110
145
111
117
98
91
97
152
133
99
113
132
115
112
103
91
97
115
131
87
112
133
110
112
98
83
94
113
131
78
110
126
102
528
938
654
802
1,318
799
1,202
944
793
762
497
826
576
708
1,091
704
842
799
683
716
1,405
1,832
1,411
1,688
2,108
1,610
1,983
1,843
1,572
1,636
1,827
2,639
2,161
2,292
2,957
2,513
2,629
2,700
2,191
2,223
1,993
2,947
2,282
2,455
3,308
2,792
2,820
3,047
2,320
2,577
2, 396
3,145
2,470
2,861
3,901
3,049
2,779
3.310
2,793
2,978
2,576
3,654
2,642
3,118
4,169
3,289
2,848
3,704
3,057
3,072
2,808
3,494
2,771
3,391
4,469
3,531
3,034
4,002
3,216
3,230
2,993
4,099
2,963
3,693
4,809
3,829
3,208
4,323
3,495
3,523
75
133
93
114
187
113
170
134
112
108
85
122
100
106
137
116
122
125
101
103
84
124
96
104
140
118
119
129
98
109
87
114
89
104
141
110
101
120
101
108
87
120
87
108
141
112
94
126
102
103
737
561
994
625
704
602
837
577
1,716
1,627
1,849
1,586
2,111
2,202
2,663
2,143
2,404
2,430
2,910
2,304
2,556
2,800
3,294
2,540
2,731
2,949
3,537
2,700
2,905
3,163
3,769
2,827
3,209
3,400
4,063
3,074
105
80
141
89
98
102
123
99
102
103
123
97
93
101
119
92
94
99
119
90
2,915
2,251
2,382
2,047
3,096
2,649
2,736
2,358
3,693
2,953
3,097
2,701
3,933
3,228
3,365
2,891
4,391
3,325
3,528
3,141
4,794
3,636
3,858
3,480
135
104
110
95
131
112
116
100
134
107
112
98
140
106
113
102
1. U.S. totals shown for 1965, 1966, and 1967 do not agree with totals shown in the state
personal income series (August 1969 SURVEY). Note that, unlike the State series, the U.S.
total for 1959 includes Alaska and Hawaii.
2. The OBE definition of SMSA's in New England differs from that of the Bureau of the
Budget, see note.
3. Included in the Boston SMSA are Brockton, Lawrence, HaverhiU, and Lowell SMSA's
1967
and the non-SMSA portions of Essex, Middlesex, and Plymouth counties.
4. Total includes forestry, fisheries, agricultural services and rest of the world.
5. Data not shown to avoid disclosure.
Source: U.S. Department of Commerce, Office of Business Economics.
May 1970
SUEVEY OF CUREENT BUSINESS
35
Source, by SMSA's and Non-SMSA's, for Selected Years, 1929-68—Continued
Per capita personal income, where received— Con.
Percent increase
Rank in SMSA's
1929
1959
1950
Earnings by broad industrial source, where earned, 1968
1968
Millions of dollars
1929-68
1959-68
Total
earnings 4
Farm
earnings
13.8
1.8
Government
earnings
Manufacturing
26.0
54.8
31.8
62.5
372.2
23.0
93.7
1,294.8
113.7
796.6
Finance,
insurance,
and real
estate
Services
Line
50.2
136.6
24.0
84.4
102.3
114.7
49.3
108.4
1, 041. 7
128.9
327.8
12.9
45.7
24.2
40.4
28.5
9.3
26.7
414.9
32.3
96.7
48.1
202.4
61.2
108.0
106.6
31.6
84.5
692.0
85.5
285.4
174
175
176
177
178
179
180
181
182
183
2.1
291.6
1.4
(5)
.8
7.2
79.2
44.5
64.0
.9
53.9
538.8
3.9
7.4
23.1
11.4
9.4
19.2
91.6
151.4
37.8
473.8
10.3
7.2
31.2
10.3
12.2
16.5
134.3
149.8
46.7
1, 129. 2
27.3
25.6
97.5
50.7
30.5
48.7
302.3
428.4
24.2
318.8
3.9
6.1
24.3
7.4
11.5
8.6
119.6
158.1
45.8
880.4
14.6
17.8
66.9
32.3
36.0
30.6
243.0
380.9
184
185
186
187
188
189
190
191
192
193
17.4
179.0
50.0
86.2
61.8
355.5
65.7
91.7
21.5
6,127.9
1,266.0
2.6
14.2
2.0
.6
44.2
132.2
10.8
.7
19.8
902.5
729.5
7.6
110.8
8.2
9.3
67.9
71.0
10.9
19.5
12.2
1,883.4
546.9
13.2
80.2
13.3
17.6
44.0
149.5
16.1
20.8
18.6
2,148.4
609.1
28.9
333.3
25.0
36.4
112.3
247.3
37.5
59.0
56.5
5,267. 5
1,455.0
7.5
114.4
6.6
8.3
34.5
70.3
12.2
21.0
14.8
1,703.6
294.8
25.5
253.7
25.2
28.2
133.4
194.4
36.8
53.4
44.6
4,248.9
1,204.9
194
195
196
197
198
199
200
201
202
203
204
26.4
45.3
57.9
303.0
688.8
59.6
151.9
38.1
71.2
303.5
1,745.7
1,014.0
30.3
30.9
8.0
43.9
637.8
24.0
33.9
77.5
79.4
224.2
1, 189. 9
551.3
3.4
.2
.8
.7
49.1
.6
(5)
2.1
(5)
56.0
113.0
276.5
16.8
22.9
10.5
32.1
254.0
17.1
12.4
14.0
13.8
72.2
465.8
301.9
21.6
25.4
21.9
23.8
317.6
16.7
27.3
12.4
19.1
138.9
624.8
344.3
55.3
64.5
20.3
63.1
702.8
35.9
40.1
27.9
36.5
276.9
1,323.3
721.8
12.7
22.2
7.6
20.1
239.9
12.9
7.7
5.0
8.9
79.0
415. 9
139.4
39.1
40.6
16.5
75.2
563.8
31.7
33.9
49.6
32.2
202.3
1, 084. 7
596.0
205
206
207
208
209
210
211
212
213
214
215
216
21.0
170.7
2.1
210.6
2.3
72.0
86.4
30.3
.1
77.2
435.9
242.1
71.5
186.0
132.5
3,400.2
235.9
386.4
71.9
863.4
1, 243. 7
77.9
152.8
125.9
37.2
8, 172. 2
131.1
720.1
18.9
249.5
18.8
66.2
3.6
5.9
2.5
122.0
18.4
3.2
2.0
2.4
222.0
62.3
35.0
52.6
56.6
1,200.2
35.1
196.5
30.4
133.6
103.1
51.8
34.7
68.0
52.2
1, 645. 3
31.8
284.9
40.6
152.6
517.3
130.5
81.5
203.5
113.7
4,461.5
105.0
621.4
71.0
340.2
160.8
28.1
15.0
47.6
30.3
1, 595. 0
23.8
190.5
25.4
95.1
501.7
98.2
64.6
139.2
309.0
4, 808. 4
84.3
465.1
125.2
269.9
217
218
219
220
221
222
223
224
225
226
394.9
806.1
2, 452. 5
3, 665. 4
11, 350. 4
3, 087. 7
647.4
4, 912. 6
730.5
784.1
31.0
159.7
128.6
39.2
39.8
36.9
29.3
8.8
11.3
116.7
107.6
318.3
707.4
1, 509. 2
2, 368. 7
391.2
150.6
627.2
150.9
190.3
73.7
54.7
441.5
609.5
2, 013. 6
1, 265. 2
90.7
1, 696. 5
115.5
134.1
1.0
4.4
23.0
5.0
22.5
1.6
8.7
5.0
1.5
.5
25.7
29.1
139.7
205.8
734.6
205.3
42.4
331.9
47.6
37.1
20.2
35.7
154.9
157.8
1, 345. 2
135.0
27.9
375.0
68.4
59.2
63.1
100.8
381.0
480.3
2, 035. 0
437.5
104.7
874.9
154.0
129.5
19.9
20.8
87.5
149.3
882.6
114.8
26.5
320.6
45.2
26.4
51.1
77.5
374.9
495.3
1, 885. 5
494.1
162.7
657.6
134.9
84.5
227
229
230
231
232
233
234
235
236
52
54
52
44
1, 064. 5
664.6
68,735.7
9,321.4
5.7
19.4
1,299.0
1,157.0
428.3
371.2
13,346.6
2,276.2
176.2
60.8
17,661.2
1,753.0
1.7
1.6
321.5
65.9
64.5
24.9
3,912.9
542.2
55.0
29.5
4,928.6
505.3
159.5
73.1
11,638.8
1,431.7
51.5
14.5
3,971.1
261.3
119.2
68.0
11,470.8
1,241.4
237
238
239
240
64
62
62
70
665.8
1, 929. 2
2,595.0
763.2
28.0
28.6
79.1
295.4
758.0
1,053.4
261.8
28.5
121.6
150.1
87.3
35.1
0
35.1
5.3
79.9
172.5
252.3
51.9
51.3
154.2
205.4
67.0
76.6
286.0
362.6
84.8
19.1
106.7
125.8
18.0
65.8
298.0
363.8
92.1
241
242
243
244
180
145
174
151
112
221
207
40
195
76
632
469
208
440
415
447
477
391
349
402
49
37
31
73
63
64
56
53
58
61
266.0
747.0
387.8
627.8
887.1
224.0
609.3
4, 678. 5
821.2
2, 016. 7
8.5
4.4
6.3
29.5
25.1
26.8
15.3
10.6
73.4
202.6
105.3
238.4
82.1
50.5
136.4
431.5
336.4
266.5
68
50
217
202
191
219
13
122
64
138
119
34
220
151
123
219
1
48
127
161
148
71
222
168
145
223
29
122
135
151
157
89
222
150
201
223
10
131
114
107
288
313
440
626
457
415
318
381
314
426
53
50
66
64
34
49
68
52
59
69
392.7
5, 401. 4
114.2
311.5
412.3
231.9
208.6
223.9
1, 659. 1
2, 373. 0
2.3
29.2
9.4
3.1
45.8
44.4
3.1
0.2
13.1
111.4
64.7
433.7
39.0
233.7
81.4
50.9
18.7
26.7
449.3
411.6
114.3
1, 296. 8
4.0
9.7
40.6
14.5
8.0
28.9
240.2
573.0
150
161
204
208
142
103
207
174
156
156
167
200
214
174
104
182
189
28
189
205
190
218
137
50
179
177
163
183
194
167
158
173
62
152
139
118
368
365
617
685
375
394
691
472
445
389
609
63
67
71
110
43
51
71
73
70
57
52
158.6
1, 900. 5
181.9
255.3
714.5
1, 353. 4
221.4
345.8
338.6
28,063.9
10,344.7
7.7
11.0
3.2
5.3
3.2
9.2
1.6
7.8
5.3
458.5
1,552.9
47.5
801.7
48.1
62.9
211.7
122.5
29.3
71.3
144.8
5,272.4
2,624.3
97
108
62
76
26
51
149
215
158
109
92
148
17
129
37
39
150
211
179
118
62
116
91
117
33
80
139
212
174
123
115
136
122
130
44
124
189
219
198
168
346
350
309
312
298
291
363
528
358
325
323
437
42
49
48
51
49
43
39
40
50
42
47
44
212.5
255.5
150.0
568.3
3,476.3
205.6
311.5
233.4
263.5
1, 362. 6
7,039.0
4, 695. 3
6.4
2.9
6.5
6.0
16.7
6.7
3.7
6.2
2.1
7.8
65.0
724.9
95
129
190
152
104
10
44
45
11
59
106
109
95
115
13
18
114
61
2
50
28
93
105
112
13
5
61
54
1
52
36
106
192
133
32
5
206
42
13
92
411
413
477
422
385
324
212
338
308
328
47
51
28
47
31
54
14
57
38
45
3, 234. 3
937.6
461.9
1, 049. 8
737.4
25, 515. 8
757.3
2,904.9
386.1
2, 189. 9
181
28
130
66
2
67
4
27
69
90
155
33
154
65
4
96
14
31
113
81
178
23
115
79
4
34
24
16
109
95
170
19
177
50
1
34
135
12
85
84
467
337
353
360
265
379
167
358
341
362
64
55
37
61
63
52
22
60
60
58
102
172
57
86
133
106
134
100
335
506
308
395
6
88
5i
NOTE.—Population estimates for SMSA's and non-SMSA counties needed to compute per
capita income for 1929, 1940, 1950, and 1959 were obtained from the decennial censuses of
population, with some adjustments. For 1962, 1965,1967>, and 1968, the Bureau of the Census
12.2
Transportation,
Wholesale
communi- and retail
trade
cations,
and public
utilities
17.4
52.3
41.9
22.3
78.7
14.4
42.7
430.6
71.8
119.6
153
75
84
186
142
221
197
44
192
103
e
Contract
construction
48.4
20.7
47.4
76.0
11.9
48.9
267.3
36.0
87.2
172
136
16
187
135
215
171
32
138
79
205
175
22
168
132
214
198
86
151
110
Mining
(5)
11.4
1.4
9.4
1.6
20.1
.7
40.4
73.5
228
provided estimates of population for selected SMSA's. Estimates for the remaining SMSA's
and non-SMSA areas were derived by OBE State-reported county data. Estimates of population for all SMSA's and non-SMSA areas in 1966 were provided by the Bureau of the Census.
SURVEY OF CURRENT BUSINESS
36
May 1970
EXAMPLES OF AVAILABLE UNPUBLISHED DATA FOR LOCAL AREAS 1
Tables 5.00 and 5.01.—Personal Income by Major Sources and Earnings by Broad Industrial Sector, Atlanta, Georgia SMSA
Table 5.00 (Thousands of dollars)
.
Total wage and salary disbursements . _
Other labor income.
Proprietors' income
Property income
Transfer payments
Less: Personal contributions
for social insurance
Total earnings
Farm earnings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
Military
State and local
Private nonfarm earnings
Manufacturing . _
M ining
Contract construction
Transportation, communir
cation, and public utilities
Wholesale and retail trade. .
Finance, insurance, and
real estate
Services
Other
1962
1966
1967
1968
1929
1950
1959
1962
1965
1966
1967
322,267 1,188,023 2,370,067 2,827,021 3,737,352 4,130,664 4,491,136 5,025,844
0.3756
0.5252
0.6191
0.6422
0.6988
0.7116
0.7185
0.7351
827, 560 1, 721, 773 2, 053, 263 2, 773, 666 3, 114, 061 3, 390, 702 3, 783, 764
146, 095
202, 565
73,054
165, 843
189, 605
18, 469
94,960
194, 083 204, 275
261, 314
126, 157
271, 603 275, 469
303, 039
312, 209
472, 340
556, 468
635, 087
398, 182
158,487
510, 805
286,392
122, 239
216, 157
246, 979
74, 345
150, 661
190, 429
.4277
.3643
.2857
.3171
.2461
.5696
.4832
.3366
.5785
.4933
.6699
.6468
.4154
.6366
.4582
.6993
.6843
.4076
.6683
.4526
.7789
.7842
.4610
.6127
.4794
.7963
.7976
.4582
.6135
.4922
.8081
.8155
.4537
.6177
.4774
.8213
.8384
.4753
.6451
.4839
.8198
1950
1929
Total personal income
1959
Table 5.01 (Percent of United States)
215, 268
2,044
43, 162
58,490
3,682
1965
1968
185, 003
.2655
.5936
.6734
.7222
.7951
.8291
.8273
260,464
972,186 1,988,910 2,352,498 3,181,075 3,551,507 3,855,776 4,289,368
.4416
.5210
.6313
.6578
.7374
.7538
.7657
.7818
9,744
250, 720
20,290
5,787
4,586
1,201
14,503
230, 430
48, 730
470
12, 142
11,508
2,496
6,167
7,268
4,777
6,664
5,840
960, 678 1, 982, 743 2, 345, 834 3, 175, 235 3, 544, 239 3, 853, 280 4, 284, 591
121, 586
235, 224
292, 796
535, 870
369, 850
418, 478
470, 695
89,246
232, 744
262, 664
294, 033
132,838
155, 505
207, 640
71,581 104, 382
131, 133
175, 225
195,988 217, 471 239, 645
17, 665
28, 456
24, 372
32, 415
36, 756
45, 193
54,388
32, 340
102, 386
162, 210
137, 291
208, 031
241, 837
185, 734
839,092 1, 747, 519 2, 053, 038 2, 805, 385 3, 125, 761 3,382,585 3, 748, 721
184, 726
468, 928
761, 036
852, 372
985, 357
535, 617
905, 015
4,621
2,531
1,207
3,094
4,827
4,446
5,545
69,906
116, 907
219, 226
287, 885
137, 503 209, 015
257, 038
.0994
.4741
.4491
.4720
.4593
.5600
.4282
.4784
.2970
.0168
.7618
.0707
.5641
.5723
.8225
1. 0619
.4298
.3112
.5629
.3412
.0325
.6276
.0437
.6589
.5289
.6235
.8273
.3275
.4420
.6815
.4937
.0555
.6042
.0422
.6863
.5377
.6313
.8631
.2582
.4604
.7145
.5054
.0687
.6523
.0334
.7672
.5480
.7171
.9562
.3049
.4209
.8099
.5960
.0986
.7901
.0386
.7836
.5530
.7081
.9747
.2880
.4339
.8299
.6025
.0907
.7643
.0145
.7922
.5606
.7290
.9990
.3169
.4340
.8405
.6078
.0858
.8524
.0273
.8067
.5744
.7413
.9975
.3477
.4509
.8562
. 6113
.1015
.8774
41, 491
66,477
121, 667
261, 343
230, 136
494,904
275, 719
578,201
367,468
773, 832
413, 644
849, 041
443, 406
497, 777
922, 945 1, 022, 552
.6796
.5663
.7977
.7394
.9488
.8802
1. 0479
.9333
1. 1932
1. 0528
1.2504
1. 0753
1. 2519
1.0994
1. 3147
1. 1337
23, 161
37, 795
164
66,443
133, 382
418
156, 608
275, 526
1,979
189, 395
330,627
2,882
242, 908
442, 780
3,519
263, 480
519, 518
3,859
291, 074
554, 567
4,094
.7264
.4777
.0802
.8422
.6392
.0575
.9766
.6877
.2034
1. 0429
.6854
.2553
1. 1113
.7395
.2654
1. 1306
.8039
.2727
1. 1321
.7741
.2785
1. 1483
.7682
.3188
16,995
369
53,291
74,320
106, 492
147, 805
168, 087
329, 959
614, 705
4,941
Tables 5.02 and 5.03.—Personal Income by Major Sources and Earnings by Broad Industrial Sector, Atlanta, Georgia SMSA
Table 5.02 (percent change)
Table 5.03 (percent of total personal income)
1929-40 1940-50 1950-59 1959-62 1929-62 1965-66 1966-67 1967-68
1959
1962
1965
1966
1967
1968
254
99
19
777
11
9
12
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
8
39
2
-13
110
576
255
551
186
213
863
581
108
296
54
97
64
214
19
30
5
28
23
39
854
4,546
373
581
3,992
20, 041
12
14
4
8
14
39
9
14
1
9
14
14
12
7
10
14
16
10
66.79
.63
13.39
18.15
1.14
.11
69.66
1.55
10.62
13.34
6.26
1.43
72.65
3.08
8.19
13.17
5.16
2.25
72.63
3.36
7.23
14.08
5.33
2.63
74.21
3.91
6.99
12.64
5.10
2.85
75.39
4.01
6.58
12.37
5.23
3.58
75.50
4.22
6.13
12.39
5.50
3.74
75.29
4.03
6.03
12.64
5.70
3.68
7
247
105
18
803
12
9
11
80.82
81.83
83.92
83.21
85.12
85.98
85.85
85.35
-44
9
85
224
248
134
29
3
0
-51
54
111
250
224
375
348
528
73
254
281
420
274
-46
106
93
49
46
61
217
108
154
110
67
8
18
24
17
26
-14
34
17
14
22
18
-32
836
1,343
2,587
2,759
1,929
847
791
999
558
1,032
24
12
13
12
12
13
15
11
12
-4
5
-66
9
12
13
11
23
12
8
6
-4
17
91
11
14
12
10
20
16
11
9
25
12
3.02
77.80
6.30
1.80
1.42
.37
4.50
71.50
15.12
.15
3.77
.97
80.86
10.23
7.51
6.03
1.49
2.72
70.63
15.55
.10
5.88
.26
83.66
9.92
5.60
4.40
1.20
4.32
73.73
19.79
.11
4.93
.24
82.98
10.36
5.50
4.64
.86
4.86
72.62
18.95
.11
4.86
.16
84.96
9.90
5.56
4.69
.87
4.34
75.06
20.36
.13
5.59
.18
85.80
10.13
5.63
4.74
.89
4.50
75.67
20.64
.11
5.31
.06
85.80
10.48
5.85
4.84
1.01
4.63
75.32
20.15
10
5.72
.10
85.25
10.66
5.85
4.77
1.08
4.81
74.59
19.61
.11
5.73
-9
8
-7
1
-16
221
263
209
251
203
89
89
136
107
373
20
17
21
20
46
565
770
718
775
1,657
13
10
8
17
10
7
9
10
7
6
12
11
13
11
21
12.87
20.63
7.19
11.73
.05
10.24
22.00
5.59
11.23
.04
9.71
20.88
6.61
11.63
.08
9.75
20.45
6.70
11.70
.10
9.83
20.71
6.50
11.85
.09
10.01
20.55
6.38
12.58
.09
9.87
20.55
6.48
12.35
.09
9.90
20.35
6.57
12.23
.10
Total earnings
Farm earnings
Total nonfarm earnings
Government earnings
_
Total Federal
.
Federal civilian
_
Military
State and local
Private nonfarm earnings
M anuf acturing
Mining .Contract construction
Transportation, communication, and Public utilities
Wholesale and retail trade.
Finance, insurance, and real estate
Services
.
Other
. .
1950
4
^•otal personal income
Total wage and salary disbursements
O ther labor income
Proprietors' income
Property income- .
Transfer payments
Less: Personal contributions for social insurance-
1929
Table 5.04 and 5.06.—Location Quotient of Earnings by Broad Industrial Sector, Atlanta, Georgia SMSA
Table 5.04 (percent of total earnings)
Total earnings
Farm earnings ._
_
__
_
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
.
Military
State and local
Private nonfarm earnings . .Manufacturing
_ _ _
_
Mining .
.___
Contract construction
Transportation, communication, and public utilities
Wholesale and retail trade
_
Finance, insurance, and real estate
.._ _
Services
Other
Table 5.06 [ratio]
1929
1950
1959
1962
1965
1966
1967
1968
1929
1950
1959
1962
1965
1966
1967
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
1.0000
1.0000
1.0000
1.0000
1.0000
1.0000
1.0000
1.0000
3.74
96.26
7.79
2.22
1.76
.46
5.57
88.47
18.71
.18
4.66
1.18
98.82
12.51
9.18
7.36
1.82
3.33
86.31
19.00
.12
7.19
.31
99.69
11.83
6.68
5.25
1.43
5.15
87.86
23.58
.13
5.88
.28
99.72
12.45
6.61
5.57
1.04
5.84
87.27
22.77
.13
5.84
.18
99.82
11.63
6.53
5.51
1.02
5.10
88.19
23.92
.15
6.57
.20
99.80
11.78
6.55
5.52
1.03
5.23
88.01
24.00
.13
6.17
.06
99.94
12.21
6.81
5.64
1.17
5.40
87.73
23.47
.12
6. 67-
.11
99.89
12.49
6.85
5.59
1.27
5.64
87.40
22.97
.13
6.71
.3313
1. 0851
1. 0513
1. 1045
1. 0864
1. 1795
1. 0315
1. 0882
.7340
.0741
.8351
.1353
1. 0826
1. 0983
1. 5773
2. 0388
.8273
.5978
1. 0804
.6549
.0603
1.2044
.0692
1.0437
.8378
.9882
1. 3092
.5181
.7007
1. 0794
.7821
.0897
.9577
.0633
1. 0433
.8175
.9594
1. 3106
.3939
.7002
1. 0861
.7682
.1032
.9915
.0443
1. 0404
.7436
.9732
1.2965
.4146
.5711
1. 0983
.8081
.1327
1. 0718
.0501
1. 0395
.7335
.9384
1. 2927
.3801
.5754
1. 1010
.7992
.1204
1. 0031
.0176
1. 0347
.7325
.9511
1. 3056
.4134
.5672
1. 0977
.7937
.1165
1. 1135
.0345
1. 0318
.7343
.9474
1.2763
.4456
.5767
1. 0952
.7818
.1300
1. 1221
15.93
25.52
8.89
14.51
.06
12.51
26.88
6.83
13.72
.04
11.57
24.88
7.87
13.85
.10
11.72
24.58
8.05
14.05
.12
11.55
24.33
7.64
13.92
.11
11.65
23.91
7.42
14.63
.11
11.50
23.94
7.55
14.38
.11
11.60
23.84
7.69
14.33
.12
1. 5946
1. 3582
1. 5381
1. 1196
.2222
1. 5312
1. 4192
1. 6147
1. 2272
.1026
1. 5026
1. 3938
1. 5462
1. 0888
.3226
1. 5924
1. 4192
1. 5846
1.0415
.3750
1. 6176
1. 4278
1. 5069
1. 0029
.3548
1. 6595
1. 4266
1. 4990
1. 0663
.3667
1. 6358
1. 4361
1. 4775
1. 0105
.3793
1. 6812
1. 4501
1.4676
.9829
.4286
http://fraser.stlouisfed.org/
1. The following tables are available in addition to the ones shown: the percent distribution
of nonfarm
(table 5.05) ; and the location quotients for earnings by nonfarm industry
Federal Reserve
Bank earnings
of St. Louis
1968
2. The location quotient is the ratio of the relative importance of a given industry in a given
area to the relative irrmortanne of the same indnstrv nationwide in the United States as a
CURRENT BUSINESS STATISTICS
_LHE STATISTICS here update series published in the 1969 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $3.00) provides a description of «ach series, references to sources of earlier figures, and historical data
as follows: For all series, monthly or quarterly, 1965 through 1968 (1958-68 for major quarterly series), annually, 1939-68; for selected series,
monthly or quarterly, 1947-68 (where available). Series added or significantly revised after the 1969 BUSINESS STATISTICS went to press are indicated
by an asterisk (*) and a dagger (f), respectively; certain revisions for 1968 issued too late for inclusion in the 1969 volume appear in the monthly
SURVEY beginning with the September 1969 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.
1967
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
I
Annual total
II |
1969
1968
1967
1969
III
IV
II
I
III
I
IV
II
1970
III
IV
I
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
793 5
865 7
932 1
774 2
783 5
800 4
816 1
835 3
858 7
876 4
892 5
908 7
924,8
942.8
952.2
r
492.3
536.6
576.0
480.9
489.8
495.7
502.6
520.6
530.3
544.9
550.7
562.0
572.8
579.8
589.5
' 600. 4
73 0
do
do
30 5
do_ . 31.3
83 3
37 0
34 2
89 8
40 4
36.0
70 0
28 4
30 7
73 5
31 3
31 2
73 3
30 9
31 2
75 2
31 2
32 2
79 5
34 8
33.4
81 8
35 6
33 8
85 8
38 6
35.0
86 3
39 0
34 6
88 4
39 4
35.5
90.6
40.0
36.8
89.8
40.8
35.8
90.4
41.3
35. 8
'89.4
••38.3
'37.3
215 1
42 5
108 1
17.7
230 6
46 3
115 0
19.1
243.6
49 9
119 8
21.3
213 2
41 7
107 8
17 3
214
42
107
17
4
6
6
5
215 8
42 9
108 1
17 9
216 8
42 7
108 9
18 1
226 1
45 0
112 6
18.9
228 5
45 6
114 8
18.8
233 3
47 4
116 1
19.5
234
47
116
19
3
3
4
5
238 6
48 1
118 4
20.4
242.1
50.0
119.1
21.0
245.1
50 8
119.9
21.8
248.7
50.8
121.7
22.0
r 255. 4
'51. 0
' 125. 9
'22.8
do
_do_
_do
do
204.2
29.1
71.8
14.7
222.8
31.2
77.4
16.1
242.6
33.5
83.7
17.5
197.7
28 2
70 1
14 4
201.8
29 0
71.1
14.5
206.6
29 3
72.3
14.8
210.6
30 1
73.7
15.0
215.1
30.5
75.2
15.5
220.0
30 7
76.7
15.9
225.8
31.6
77.9
16.3
230.1
31.9
79.8
16.5
235. 0
32.7
81.3
17.1
240.1
33.1
82.8
17.3
244.9
33.9
84.4
17.7
250.3
34.1
86.4
17.9
255.6
35.0
88.3
18.4
do
116 0
126 3
139.4
113 6
109 4
117 7
123 3
119 4
126 6
125 2
133 9
135 2
137.4
143 3
141.8
f 135. 0
do
do
_.do
do
do_ _
do
do
do
108.6
83.7
27.9
55.7
25.0
24.4
7.4
6.8
119.0
88.8
29.3
59.5
30.2
29.6
7.3
7.4
131.4
99.2
33.4
65.8
32.2
31.7
8.0
7.8
104.7
83.3
29.0
54 2
21.4
20.9
90
9.1
106.1
83.0
27.2
55.8
23.1
22.5
3.4
3.0
109.9
83.5
27.8
55.7
26.5
25.9
7.8
7.0
113.8
85.0
27.8
57.2
28.8
28.3
9.5
8.0
117.7
89.1
29.8
59.4
28.6
28.0
1.6
1.3
116.7
86.4
28.3
58.1
30.3
29.7
9.9
10.3
118.0
88.1
29.0
59.1
29.9
29.4
7.2
7.5
123.4
91.5
30.1
61.4
31.9
31.4
10.5
10.7
128.6
95.3
32.3
63.0
33.3
32.8
6.6
6.6
130.5
97.8
32.1
65.7
32.7
32.2
6.9
6.7
132.5
101.1
34.7
66 4
31.4
30.9
10.7
10.3
134.0
102.5
34.5
68.0
31.6
31.0
7.7
7.4
r 134. 2
r 104. 0
do
do
5.2
46.2
41.0
2.5
50.6
48.1
2.1
55.3
53.2
5.4
45 8
40.4
5.8
45.9
40.1
5.6
46.3
40.7
3.8
46.7
42.8
1.9
47.7
45.9
3.4
50.7
47.3
3.6
53.4
49.7
1.2
50.6
49.4
1.5
47.6
46.1
1.6
57.1
55.5
2.7
57 8
55.2
2.7
58.6
55.9
'3.0
'60.8
'57.8
Govt. purchases of goods and services, totaL.do
Federal
do
National defense
- - - do
State and local
do
180.1
90.7
72.4
89.3
200.3
99.5
78.0
100.7
214.6
101.9
79.2
112.7
174.2
87.8
69.9
86.4
178.5
90.3
71.9
88.1
181.3
91.3
73.0
90.0
186.4
93.5
74.6
92.9
193.4
96.3
76.1
97.1
198.4
99.0
77.9
99.4
202.5
100.9
78.8
101.7
206.7
101.9
79.3
104.8
210.0
101.6
79.0
108.5
212.9
100.6
78.5
112.3
217.0
103.2
80.3
113.8
218.3
102.3
79.2
116.0
'221.2
' 102. 3
'78.9
'118.9
By major type of product:
Final sales total
Goods total
Durable goods
_
Nondurable goods
Services
Structures
786.2
391.0
157.0
234.1
316.7
78.4
858.4
423.7
171.4
252.3
347.5
87.1
924.1
451.8
186.2
265.6
377.4
95.0
765.2
382.5
151.9
230.7
306.4
76.3
780.2
792.6
392.5 393.3
158.3
157.7
234.2
235.5
312.0
320.1
75.6 * 79.3
806.6
395.8
160.0
235.9
328.4
82.4
833.6
412.8
166.4
246.5
335.0
85.8
848.8
419.3
168.9
250.4
343.4
86.0
869.2
429.9
173.7
256.1
353.2
86.1
882.0
433.0
176.6
256.4
358.5
90.6
902.1
441.3
181.6
259.7
365.8
94.9
917.9
449.6
185.5
264.1
373.4
94.8
932.0
455.2
187.8
267.4
381.6
95.3
944.5
461.1
189.9
271.2
388.6
94.8
' 958. 9
466.3
190.1
276.2
397.3
95.2
7.4
3.9
3.5
7.3
5.3
2.0
8.0
5.5
2 5
9.0
4.2
4.7
9.5
5.6
3.9
1.6
1.9
-.3
9.9
6.8
3.1
7.2
5.1
2.1
10.5
7.4
3.1
6.6
4.8
1.8
6.9
4.9
2.1
10 7
7.6
3.1
7.7
4.7
3.0
'.8
-1.3
2.1
Gross national product total
toil
$
Personal consumption expenditures, total
Durable goods total 9
Automobiles and parts
- Furniture and household equipment
Nondurable goods total 9
Clothing and shoes
Food and beverages
Gasoline and oil
Services, total 9
-Household operation
Housing
Transportation
-
-
Gross private domestic investment, total
Fixed investment
Nonresident ial
Structures
Producers' durable equipment
Residential structures
Nonfarm
- -Change in business inventories
Nonfarm
_
Net exports of goods and services
Imports
-
do
__do _
do
do
do_ __
_ _ _ _ _ _do_ _
do
do
_ _ _ _ _ _ _ do_ _
do
do
Change in business inventories
Durable goods
Nondurable goods
do
do
do
3.4
1.5
1.8
7.8
4.4
3.4
959. 6
"35.6
'68.5
'30.2
'29.7
'.8
'.4
GNP in constant (1958) dollars
bil. $
674.6
707.6
727.5
666.5
670.5
678.0
683.5
693.3
705.8
712.8
718.5
723.1
726.7
730 6
729.8
' 724. 3
do
430.3
452.6
466.1
424.4
430.5
431.9
434.3
445.6
449.0
458.2
457.6
462.9
466.2
466.5
468.6
'471.7
do_
do
_ _ _ _ _ do
72.8
190.3
167.2
80.7
196.9
175.0
84.9
199.4
181.8
70.3
190.2
163.9
73.9
190.6
166.1
73.0
190.3
168.6
73.9
190.2
170.3
77.7
196.0
171.8
79.5
195.8
173.7
83.0
198.7
176.5
82.7
197.2
177.7
84.3
199.3
179.3
85.9
199.3
181.0
84.7
199 3
182 5
84.8
199.6
184.2
'83.3
202.8
' 185. 5
Gross national product total
Personal consumption expenditures, total
Durable goods
Nondurable goods
Services
_ _ _
Gross private domestic investment, total
do
100.8
105.7
111.8
100.5
95.7
101.6
105.4
101.2
106.6
104.1
110.9
109.9
110.8
114 3
112.2
' 104. 9
Fixed investment
Nonresidential
_ _ __
Residential structures
_ _ _
Change in business inventories
_
do
do_ .
__do
do
93.9
73.6
20.3
6.9
99.1
75.8
23.3
6.6
104.8
81.4
23.4
6.9
92.0
74.1
17.9
8.5
92.6
73.5
19.0
3.1
94.3
73.1
21.2
7.4
96.7
73.8
23.0
8.7
99.8
77.1
22.7
1.5
97.6
74.0
23.5
9.0
97.7
75.0
22.7
6.4
101.4
77.3
24.1
9.6
104.0
79.4
24.6
5.9
104.8
81.0
23.8
6.0
105 0
82 4
22 6
93
105.5
82.8
22.7
6.7
' 104. 3
'82.8
21.5
'6
do
3.6
.9
.0
4.0
4.2
4.1
2.0
.9
1.3
1.7
—.2
-.3
—.5
4
5
148.4
140.0
149.7
Govt. purchases of goods and services, totaL.do
78.9
74.8
76.0
Federal
do
65.2
69.5
73.7
State and local
do
r
Revised.
* Preliminary.
9 Includes data not shown separately.
137.6
72.8
64.8
140.1
75.1
65.0
140.4
75.5
64.9
141.7
75.7
66.0
145.6
77.3
68.3
148.9
79.6
69.3
148.8
79.2
69.6
150.2
79.4
70.8
150.6
78.3
72.3
150.2
76 3
73.9
149.4
75 5
73! 9
148.4
73 9
74/6
Net exports of goods and services
'9
146.7
' 71 2
'75.5
SURVEY OF CUERENT BUSINESS
S-2
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1967
196S
Annual total
1968
1967
1969
II
III
May 1970
IV
I
II
1970
1969
III
IV
I
II
III
IV
I
II
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
National income, total
bil. $
654.0
714.4
771.0
646.2
658.5
672.0
688.8
707.4
724.1
737.3
751.3
765.7
780.6
786.5 p 792. 1
Compensation of employees, total
do
467.4
513.6
564.3
461.1
470.7
481.7
495.1
507.0
519.8
532.3
546.0
558.2
571.9
581.1 ' 592. 0
Wages and salaries, total
Private
Military
Government civilian
Supplements to wages and salaries
Proprietors' income, total 9
Business and professional 9
Farm
Rental income of persons
do
do
do
do
do
do
do
do
do
423.5
337.3
16.2
70.0
43.9
61.9
47.2
14.7
20.8
465.0
369.0
18.0
78.0
48.6
63.8
49.2
14.6
21.2
509.9
405.3
19.2
85.4
54.4
66.3
50.2
16.1
21.6
417.7
333.0
15.9
68.8
43.4
61.7
47.1
14.7
20.8
426.5
339.6
16.1
70.8
44.2
62.6
47.8
14.8
20.9
436.5
346.3
17.0
73.2
45.1
62.3
47.5
14.9
21.0
448.2
355.9
17.3
75.0
47.0
63.2
48.4
14.8
21.1
459.0
364.5
17.6
76.8
48.0
63.6
49.2
14.3
21.2
470.7
372.7
18.7
79.3
49.1
64.1
49.3
14.8
21.2
482.1
382.8
18.3
80.9
50.2
64.1
49.7
14.4
21.4
493.3
392.5
18.2
82.5
52.7
64.6
49.7
14.9
21.5
504.3
402.0
18.4
84.0
53.8
66.5
50.1
16.4
21.6
516.9
410.2
20.1
86.6
55.0
67.3
50.5
16.8
21.7
525.0 ' 534. 9
416.6 ' 422. 3
19.9 -20.8
88.5 •91.8
56.1
57.1
66.7 '66.6
50.4 '50.1
16.3
16.5
22.0
21.8
79.2
87.9
88.2
78.3
79.1
81.1
82.5
88.2
90.6
90.3
89.5
89.2
88.8
85.2
*79.2
10.5
68.8
39.0
18.1
. 20.9
11.5
76.4
44.4
19.9
24.5
12.9
75.3
43.9
20.4
23.5
10.3
68.0
38.8
17.9
20.8
10.5
68.6
38.3
18.0
20.4
10.8
70.3
39.5
18.3
21.2
11.0
71.6
41.1
19.1
22.0
11.2
76.9
44.9
19.8
25.1
12.1
78.5
45.4
20.4
25.0
11.9
78.5
46.2
20.4
25.8
12.3
77.2
45.1
20.3
24.7
12.7
76.5
44.9
21.0
23.9
13.3
75.6
43.8
20.0
23.8
13.3
71.9
41.7
20.1
21.6
P13.2
P66.0
10.8
19.0
11.6
20.4
11.7
19.7
10.7
18.5
10.8
19.5
10.9
19.9
11.3
19.1
11.5
20.6
12.0
21.0
11.6
20.7
11.8
20.3
11.7
19.9
11.9
19.9
11.4
18.8
80.3
33.0
47.3
21.5
25.9
-1.1
24.7
91.1
41.3
49.8
23.1
26.7
-3.2
28.0
93.7
43.3
50.5
24.6
25.9
—5 6
30.6
79.1
32.6
46.4
21.7
24.8
-.7
24.3
79.5
32.5
47.0
22.0
25.0
-.4
25.1
84.4
34.5
49.9
21.1
28.8
-3.3
25.9
87.9
39.9
47.9
22.2
25.7
-5.3
26.7
90.7
41.1
49.7
22.9
26.7
-2.6
27.5
91.5
41.4
50.0
23.6
26.5
-.9
28.4
94.5
42.9
51.6
23.8
27.8
-4.2
29.3
95.5
43.9
51.7
23.8
27.9
-6.1
29.8
95.4
44.1
51.3
24.3
27.0
-6.2
30.3
92.5
42.8
49.7
24.9
24.9
-3.7
30.9
91.4
42.4
49.0
25.2
23.8
-6.2
31.6
P85.1
p39. 1
*46.1
25.2
P20.9
-5.9
32.3
629.4
82.9
546.5
506.2
40.4
687.9
97.9
590.0
551.6
38.4
747.2
117.5
629.7
592.0
37.6
622.2
80.6
541.6
503.9
37.7
634.5
84.1
550.3
509.7
40.7
645.9
86.1
559.8
516.6
43.1
664.3
89.3
575.0
535.1
39.9
680.1
92.7
587.4
545.1
42.3
696.1
102.6
593.4
560.2
33.2
711.2
107.0
604.3
566.2
38.0
724.4
114.2
610.2
577.7
32.5
740. 5
118.5
622.0
588.8
33.3
756.5
117.5
639.0
596.0
43.1
767.4
119.9
647.5
605.8
41.7
' 778. 6
' 118. 2
r 660. 4
' 616. 9
'43. 5
65.47
28.51
14.06
14.45
67.76
28.37
14.12
14.25
75.56
31.68
15.96
15.72
16.69
7.33
3.56
3.77
16.20
6.88
3.40
3.48
18.12
7.77
3.96
3.81
15.10
6.15
3.06
3.09
16.85
6.99
3.36
3.63
16.79
7.13
3.54
3.59
19.03
8.10
4.16
3.94
16.04
6.58
3.36
3.22
18.81
7.82
3.98
3.84
19.25
8.16
4.03
4.12
21.46 i 17. 76
9.12
7.25
3.68
4.59
4.53
3.56
36.96
1.65
1.86
2.29
1.48
8.74
6.75
2.00
6.34
14.59
39.40
1.63
1.45
2.56
1.59
10.20
7.66
2.54
6.83
15.14
43.88
1.86
1.86
2.51
1.68
11.61
8.94
2.67
8.30
16.05
9.36
.39
.45
.72
.38
2.18
1.65
.53
1.60
3.65
9.32
.44
.41
.56
.41
2.35
1.71
.64
1.57
3.59
10.35
.47
.50
.64
.38
2.59
2.08
.51
1.73
4.04
8.95
.42
.39
.68
.30
2.07
1.69
.38
1.59
3.50
9.86
.43
.37
.58
.42
2.62
1.94
.68
1.62
3.81
9.66
.39
.31
.64
.41
2.61
1.87
.74
1.61
3.69
10.93
.40
.38
.66
.47
2.90
2.16
.74
2.00
4.13
9.45
.42
.38
.68
.38
2.36
1.88
.48
1.81
3.41
10.99
.48
.44
.66
.46
2.99
2.22
.77
2.00
3.97
11.10
.47
.49
.53
.40
3.03
2.23
.80
2.11
4.07
12.34
.49
.55
.64
.44
3.23
2.61
.62
2.39
4.60
do
do
do
do
65.60
29.16
14.26
14.90
65.48
27.85
13.92
13.93
65.66
27.51
13.71
13.80
68.09
28.02
14.11
13.91
66.29
27.84
13.51
14.33
67.77
28.86
14.47
14.40
69.05
28.70
14.39
14.31
72.52
29.99
15.47
14.52
73.94
31.16
15.98
15.18
77.84
33.05
16.53
16.52
77.84
32.39
15.88
16.50
do
do
do
do
do
do
do
do
do
do
36.45
1.52
1.78
2.43
1.38
8.51
6.48
2.04
6.30
14.53
37.62
1.76
1.72
2.35
1.66
8.86
6.86
1.99
6.49
14.80
38.15
1.78
1.82
2.79
1.41
9.46
7.47
1.99
6.37
14.54
40.07
1.80
1.68
2.88
1.43
10.08
7.76
2.32
6.83
15.37
38.45
1.66
1.49
1.98
1.49
10.24
7.64
2.60
6.42
15.17
38.91
1.57
1.29
2.69
1.65
9.82
7.50
2.32
6.67
15.22
40.35
1.52
1.34
2.87
1.75
10.63
7.74
2.89
7.34
14.91
42.53
1.83
1.68
2.89
1.87
11.52
8.62
2.90
7.74
15.00
42.78
1.88
1.76
2.22
1.66
11.68
8.71
2.97
7.92
15.67
44.80
1.89
2.06
2.23
1.65
11.48
8.98
2.50
8.71
16.78
45.46
1.85
1.94
2.80
1.63
11.80
9.36
2.44
8.76
16.67
11, 484
7,723
335
1,580
1,846
11, 577
7,669
239
1,801
1,868
11, 667
7,601
332
1,879
1,855
11, 934
7,941
305
1,771
1,917
12,668
8,395
353
1,973
1,947
13, 344
8,879
406
2,040
2,019
12, 653
8,383
364
1,917
1,989
11,919
7,478
414
2,117
1,910
14,254
9,599
331
2,148
2,176
14,553 Pl4, 661
9,581 p9, 829 plO, 218
p341
417
2,362 p2, 270
2,193 p2, 221
-41,012 -43,077 p-53,314 -10,033 -10,173
Imports of goods and services
do
-26,821 -32,972 p-35,797 -6, 465 -6, 542
Merchandise, adjusted, excl. military
do
-4, 378 -4, 530 p-4, 881 -1,075 -1,106
Military expenditures
do
-580
-2,362 -2,932 p-4, 431 -591
Income on foreign investments in the U.S__do
-7,451 -7,643 p-8, 205 -1,902 -1,945
Other services
do
Unilateral transfers, net (excl. military grants);
-836
-2, 998 -2,865 p-2,513 -823
transfers to foreigners ( )
mil $
T
l
Revised.
* Preliminary.
Estimates (corre cted for s} stematic 1Diases) for Jan.-Mar.
1970 and Apr.-June 1970 based on expected capital expendiUires of bu siness. E xpected ex2 I meludes co mpenditures for the year 1970 appear on p. 19 of the Mar. 197(3 SURVEY
} Revised series; explanati on
munication.
9 Includes inventory valuation adju stment.
of revisions and annual and quarterly data back to 1947 appea r on pp. 2 5 ff . of tlle Jan. 1 970
SURVEY; see also pp. 19 ff. of the Feb. 1970 SURVE Y.
0Personal otitlays co mprise p er-
-10,706
-7,154
-1,112
-607
-1,833
-11,463
-7,817
-1,102
-671
-1,873
-11,827 -12,435 -12,352
-8, 131 -8, 566 -8, 458
1,143 -1,169
-1,116
-749
-742
-770
-1,838 -1,956 -1,976
-11,571
-7,579
-1,204
-893
-1,895
-13,964
-9,599
-1,208
-1,087
-2,070
Corporate profits and inventory valuation adjustment total
bil $
By broad industry groups:
Financial institutions
do
Nonfinancial corporations, total
do
Manufacturing, total
do
Nondurable goods industries
do
Durable goods industries
do
Transportation, communication, and public
utilities.
bil. $
All other industries
do
Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax
do
Dividends
_ _ _ _ _
do
Undistributed profits,
do
Inventory valuation adjustment
do
N e t interest - _
_ _ _ _ _
do
DISPOSITION OF PERSONAL INCOME
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income, total
bil. $
Less* Personal tax and nontax payments
do
Equals: Disposable personal income
do
Less: Personal outlays© _
do
Equals: Personal saving§
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals :J
All industries
bil $
Manufacturing
do
Durable goods industries H
do _
Nondurable goods industries ^
do
Nonmanufacturing
Mining. ....
...
Railroad
Air transportation
Other transportation
Public utilities
Electric
Gas and other
Communication
Commercial and other . .
Seas. adj. qtrly. totals at annual rates :J
All industries
Manufacturing
Durable goods industries ^
Nondurable goods industries ^
Nonmanufacturing
Mining
Railroad
Air transportation
Other transportation
Public utilities
Electric
Gas and other
Communication
Commercial and other,
do
do
do
do
do
do
do
do
do
do
U.S. BALANCE OF INTERNATIONAL
PAYMENTSd"
Quarterly Data Are Seasonally Adjusted
(Credits +; debits -)
Exports of goods and services (excl, transfers under
military grants)
mil. $__
Merchandise, adjusted, excl. military
do
Income on U.S. investments abroad
Other services
do
do
46, 189
30,681
1,239
6,872
7,397
50, 599 P55, 387
33, 598 p36, 487
1,428
Pl, 503
7,701 P8, 897
7,872 P8, 500
-13,847
-9,243
-1,220
-1,255
-2,129
i 20. 79
8.47
4.33
4.14
10.51
.41
.45
.69
.37
2.67
2.28
.39
12.32
.47
.54
.80
.40
3.52
2.82
.70
25.93
26.60
i 80. 00 i 81. 78
33.74
32.97
16.92
17.39
16.34
16.05
47.02
1.77
1.94
2.95
1.79
12.80
10.46
2.34
48.04
1.82
2.19
2.70
1.42
13.74
11.07
2.68
2 25.77 2 26. 16
p-13,93
p-9,37 p-9, 699
p-1,24
p-1, 19
p-2,11
p-732
-687
-793
-774
-601
-635
-690
-766
-648
sona I consum ption exp enditure s, interes t paid bjT consum ers, and \jersonal ransfer payments
§Pers onal sav ing is exc ess of dis posable income OT7Qr perso nal outlays,
t o f o reigners.
HI)ata for individua 1 durablB and no ndurable goods in dustries compone nts appear in the
cf More coiuplete d etails are given in
Mar. , June, £ ept., ami Dec. issues of t he SURV EY.
thecjuarterly reviews in the M ar., June,, Sept., iind Dec. issues of the SUR VEY.
-Iiicludes t tie retro£ictive pa y increa 3e for Fe ieral per sonnel.
SUKVEY OF CURKENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1967
1968
1967
1969
Annual total
II
III
S-3
1968
IV
I
II
1969
III
IV
I
II
1970
IV
III
I
II
GENERAL BUSINESS INDICATORS— Quarterly Series— Continued
U.S. BALANCE OF INTERNATIONAL
PAYMENTS §-Con.
Quarterly Data Are Seasonally Adjusted
Transactions in U.S. private assets, net; increase
(— ).
mil. $
Transactions in U.S. Govt. assets, excl. official
reserve assets; increase (— )
mil. $
Transactions in U.S. official reserve assets, net;
increase (— )
_
mil. $
Transactions in foreign assets in the U.S., net (U.S.
liabilities); increase (+)
mil. $._
Liquid assets
do
Other assets .
do
Allocations of Special Drawing Rights (SDKs)
do
Errors and omissions, net
do
Balance on liquidity basis: 1f
Including allocations of SDRs
do
Excluding allocations of SRDs
do
Balance on official reserve transactions basis: <8>
Including allocations of SDRs
do
Excluding allocations of SDRs
do
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
-5, 654 -5,158 p-5,011 -1,014 -1,775 -1,797
-806
-2,419 -2, 250 p-2,215
-738
52
6,853
3,492
3,361
-542
-546
-677
-1,537 -1,868
-639
-527
-947
-346
-1,357 -2, 051 -1,279 p -324
-463
-880
p- 1,187
-419
-375
-181
904
-137
-571 -1,076
-48
9,277
712
8,565
Pl2, 115
p8, 245
p3, 870
1,970
749
1,221
2,198
1,406
792
2,350
1,869
481
1,215
-340
1,555
2,645
128
2,517
2,515
710
1,805
2,902
214
2,688
3,361
1,723
1,638
-624
-69
-6
-410
-480
-330 -1,031 -1,688
-330 -1,031 -1,688
-564
-564
-719
-719
-379
-379
-1,007
—641 p-2, 964
-3,544
-3,544
168 p-7,208
168 p-7,208
-3,418
-3,418
1,638
1,638
1968
1969
p 2, 713
p 2, 713
-71
-71
-917
-917
-648
-657
P -447
-299
-686
p -154
4,538
4,187
351
p 581
3,635
3,294 p -959
341 p 1,540
-60 -1,239 -1,039 -1,034
9
9
-139
-139
862 '-1,613 '-3,818 '-2,309
862 '-1,613 '-3,818 '-2,309
'532 p-1, 727
'532 p- 1,944
1,553
1,553
97
97
367 ' 1, 192 ' 1, 299 ' -615
367 ' 1, 192 ' 1, 299 ' -615
'837 p-3, 096
'837 p-3, 313
1970
1969
Annual
Mar.
Apr.
May
June
July
217
P348
309
Sept.
Aug.
Oct.
Nov.
Dec.
Feb.
Jan.
Mar.
Apr.p
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
687 9
747.2
730 7
735 3
740 0
746 1
751 4
757.5
760 7
763 9
767.6
770.6 ' 774. 3 ' 778. 3 ' 783. 3
801.1
465.0
181.5
145 9
109.2
509.9
197.7
157.6
119.5
497 9
193.8
154 9
116 4
500 8
195.2
155 8
117 2
503.8
196.2
156 3
118.3
508.5
198.3
157.8
119.5
512.8
198.9
158.5
120.1
517.9
201.0
160 5
121.4
519 9
201.5
160 7
121 8
522.2
201.8
160 6
122.3
525.1
201.7
159.8
123.5
527.8 '530.0 ' 532. 2 ' 535. 1
201.5 '203.3
203.4
201.3
160.1 159.3 ' 160. 4
161.0
126.1 ' 126. 6
123.5
125.9
540.2
202.2
159.6
125.9
do
do
do
78.3
96 0
24 2
88.1
104.5
26.2
86 3
101 4
25 6
86 4
101 9
25 8
87 0
102 3
25 9
87.8
102 9
26 1
88 0
105 9
26 3
88 8
106 8
26 4
89 4
107 2
26 6
90.3
107 8
26 8
91 5
108 4
26 9
91.9
109 0
27.1
'93.2
109 6
27.3
'94.5 '94.7
110.1 ' 110 5
27.7
27.5
do
do
49.2
14 6
50.2
16.1
49.7
15 3
49.8
15 8
50.1
16 4
50.4
16 9
50.5
16 8
50.5
16 8
50.5
16 8
50.6
16 7
50.4
16 3
50.3
15 9
'50.2
16.2
'50.1
16.5
'50.1
16.8
50.0
16.7
21.2
23 1
54.1
59.2
21.6
24.6
59.4
65.5
21.5
24 1
57 9
64 3
21.5
24 2
58.3
64 7
21.6
24 3
58 8
64 9
21.6
24 5
59 2
65.2
21.7
24 6
59 5
65 7
21.7
24 g
59 8
66 1
21.7
25 1
60 2
66.4
21.8
25 3
60 8
66 7
21.8
25 4
61 3
67 2
21.9
25 0
61.8
67.8
21.9
25 2
62.1
68.9
22.0
25.2
'62.5
70.0
22.0
25.2
'62.9
'71.3
22.1
25.3
63.3
84.0
27.1
27.5
27.6
bil. $
Wage and salary disbursements, total.. _do
Commodity-producing industries, total-do
Manufacturing
do
D istributi ve industries
do
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 nonagricultural income
do
94.9
117.2
27.8
22.6
26.2
25.6
25.7
25.8
26.1
26.4
26.6
26.7
26.9
26.9
27.8
28.2
667.9
725.2
709. 5
713.5
717.7
723.4
728.8
734.9
738.1
741.5
745.3
748.6 ' 752. 0 ' 755. 6 ' 760. 4
778.2
47,848
51 231
3 338
3 284
3 342
3 418
4 153
5 034
5,787
5 977
5 167
4 661 '4 265 ' 3, 361
44,386
18, 847
25,539
5,962
15 406
3,827
47, 431
18 939
28, 492
6 143
17 584
4 384
3,117
935
2,182
518
1 295
331
3,135
893
2,242
524
1 356
319
3,306
870
2 436
552
1 523
'318
3,407
1 058
2,349
533
1 471
*315
3 795
1 410
2 385
517
1 453
391
3 844
1 494
2 350
502
1 446
381
4,532
1,952
2,580
499
1 667
393
5,630
2 764
2,866
516
1 900
427
5 146
2 733
2 413
496
1 471
427
4,633
2 176
2 457
511
1 474
441
137
136
138
146
137
154
116
81
141
116
77
145
123
75
158
126
92
152
141
122
155
142
129
112
168
169
167
209
239
186
191
237
156
172
189
159
'156
' 141
' 167
124
'87
' 151
'128
'80
' 163
P123
p74
p 159
126
130
124
127
131
124
96
66
118
94
59
121
97
57
127
104
83
121
124
127
122
123
144
160
133
187
237
149
171
235
124
152
194
121
'134
•IOC
'98
'80
'112
'99
' 68
'122
P124
165.5
p 172. 8
173.1
171.9
172.4
176.7
167.7
174.6
179.2
177.8
173.6
169.6
166.9
169.8
163.3
126.6
202.5
p 173
p 176
p 170
p 130
p221
9
5
6
2
2
175 1
178 6
170 8
125 4
173 7
177 7
168 6
130 2
174 4
178 3
169 5
132 9
178 5
182 2
173 9
134 6
167 3
169 7
164 3
127 9
m
m
180 0
181 5
178 1
132 9
179 5
181 5
176 9
132 7
175 0
175 4
174 5
132 9
169 6 r 167 5 ' 171 1r 172 9
172 6 r 169 1 r 170 6 ' 173 2
165 6 ' 171 6' 172 6
165 9
133 1 r 130 1 r 134 i r 135 2
165.1
156 9
175 0
151 2
182.6
p 170 8
p 162 5
P 179 5
p 157 1
P188.6
171 9
163 9
189 1
156 0
189.0
168 6
159 0
183 0
151 4
189.1
168 4
158 2
182 1
150 5
190.4
174 0
166 4
156 5
155 7
156 8
187.7
170
A
179 2
176 5
170 0
Ififi
^l
175 9
158 4
186.0
166 2 ' 167 1 r
' 159 0 r
167 4 r 165 i r
153 1 r 157 i
187.0 ' 184. 3 '
' 177 1
167 4
160 2
175
193.4
192 1
162 2
191.8
168 8
160.5
177 a
175 6
166.2
las a
178 9
169.7
176 9
166.3
169 5 ' 172 2 ' 174 5
172 6
161.8 '156.8 '158.4 ' 162. 1
173 3
159
FARM INCOME AND MARKETINGS
Cash receipts from farming, including Government
payments, total
mil. $
Farm marketings and CCC loans, total
do..
Crops
do
Livestock and products, total 9
do. .
Dairy products
_
do
Meat animals
do
Poultry and eggs.
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1957-59=100-.
Crops
-_.
._
do
Livestock and products..
do
Indexes of volume of farm marketings, unadjusted:
All commodities
1957-59=100..
Crops
do
Livestock and products
do
121
3,456
'4,209 ' 3, 337 '3,444
'921
'999
' 1, 632
' 2, 577 '2,338 '2,523
r 545
'489
543
' 1 574r i 457 r i 576
'364
'417
'348
r 147
'124
p3,312
p858
p2,454
p 548
p 1,534
P325
py6
p 59
INDUSTRIAL PRODUCTION d"
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities )d< -1957-59=100By industry groupings:
Manufacturing, total...
do
Durable manufactures
do
Nondurable manufactures
do
Mining
.
do
Utilities
do
By market groupings:
Final products, total
Consumer goods . .
Automotive and home goods
Apparel and staples. .
.
Equipment, including defense
Materials
Durable goods materials
Nondurable materials
do
do
do
do
do
do
do
do
165 8 P 174 6
174 3
174 8
176 1
157.8 p 165. 5
165.9 166.4
167.4
174.1 p 183. 9
182.8 183.4
18S n
' Revised.
p Preliminary.
§ See note "rf1" on p. S-2. ^Increase in U.S. official
reserve assets and decrease in liquid liabilities to all foreigners.
eincrease in U S official
reserve
assets and decrease in liquid and certain nonliquid liabilities to foreign official agen-
IRC e
191 1
157 3
192.4
179 2
171.6
187 0
o
fj
175 0
•109 o
IfiO A.
168 2*
188.5
1 79 fi
18fi Q
IfiQ 0
1 70 9
170.2
ICQ ti
IRQ A.
188 1
1fi9 fi
1«7 8
'168.2 ' 171. 2 '172.8
1 C£» C
183 7
cies, tf Revisions for Jan.-Oct. 1968 will be shown later,
shown separately.
r 189 fi
170 4 T 171 7
162 9
171 4
r 164 3
160 2
186. 4 ' 187. 5
r 18fi R
r 187 4
170.7
170 9
171 0
170 9
136 8
182.8
188
9 Includes data for items not
May 1970
SUKVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
1969
1969"
Mar.
Annual
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.p
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PROD UCTIONcf— Continued
Federal Reserve Index of Quantity Output— Con.
170.4
172.8
171.4
171.7
172.5
173.7
174.6
174.3
173.9
173.1
171.4
171.1
173.9
173.1
173.0
173.8
174.8
175.6
175.4
175.2
173.9
171.8
171.3 ' 170. 2 ' 170. 3 • 170. 7
170.1
do
do
do
do
169.8
137.0
130.7
160 0
176.5
149.1
140.3
181 1
175.9
146.2
139.0
186 9
175.7
147.9
141.2
186 2
176.7
149.3
141.6
184 3
178.3
153.1
145.6
190 8
178.7
152.4
145.3
181 8
178.8
151.3
141.1
177 9
178.7
149.3
141.4
178.6
177.3
150.4
141.5
178.7
172.1
150.3
142.7
183.1
171.1
147.7
138.8
181.1
r
r
r
r
169. 5 ' 170. 4
139. 5 ' 143. 3
130. 3 ' 136. 2
177. 2 183.5
168.8
143
137
Fabricated metal products
Structural metal parts
do
do
167.9
162.2
179.8
173.3
178.5
175.8
178.3
174.4
179.2
173.1
180.6
173.8
179.1
170.8
180.6
171.5
179.1
171.5
179.4
172.5
179.2
174.5
178.4
177.1
' 180. 0 ' 178. 9 ' 178. 2
175.4 174.6 ' 174. 4
175
170
Machinery
Nonelectrical machinery
Electrical machinery
do
do
do
184.3
181.0
188.5
195.7
194.6
197.2
194.7
190.2
196.9
193.1
201.8
197.2
195.3
199.6
198.1
196.0
199.4
195.5
200.8
202.9
197.3
187.4
194.9
177.5
188.7
196.5
178.3
r 189. 7
204.5
201.2
199.8
199.0
200.7
194.6
190.8
199.5
' 195. 7 197.1
195.9 ' 195. 6 196.4
181. 5 ' 195. 8 '198.0
193
192
196
Transportation equipment 9
Motor vehicles and parts
Aircraft and other equipment
do
do
do
179.5
171.4
185.0
174.6
166.9
177.8
174.1
167.6
176.0
172.4
160.8
178.7
171.8
156.8
180.8
176.6
169.1
179.5
181.1
174.2
183.4
179.1
174.1
180.3
178.8
170.5
182.6
175.7
167.9
179.6
168.3
159.9
171.9
163.9
152.0
170.7
r 159. 6
'146.8
' 154. 2 156.0
' 142. 0 ' 148. 9
166.7 161.4 ' 159. 1
155
148
158
Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture and
fixtures
Miscellaneous manufactures
do
do
do
do
do
184.2
146.2
122.3
178.3
161.4
194.4
156.0
119.1
186.9
166.4
192.8
153.4
130 8
187.0
165.7
195.4
155.1
122.6
188.9
167.6
195.3
156.9
120.7
190.2
167.5
195.7
155.2
115.5
189.9
168.1
194.7
152.7
113 4
185.0
167.4
194.9
155.3
114. 1
186.5
165.8
195.4
157.7
111.1
185.3
165.3
193.9
156.3
113.8
184.0
165.3
196.0
155.9
114.1
183.7
166.4
197.4
157.4
109.7
183.3
167.2
194.8 ' 194. 0
' 155. 0
114.6
183.4 ' 179. 4
168.2 '168.4
' 193. 6
151.4
195
155
' 180. 4
' 167. 8
180
167
do
do
do
do
163.3
151.5
149.9
111 0
163.8
170.6
154.2
149.2
101 9
175.6
169.5
152.9
150 2
105 6
175.0
169.6
154.2
147.8
103 4
175.8
170.3
156.5
150 0
107 6
174.9
170.5
157.8
149.2
104 7
175.3
171.8
157.0
150.7
98 4
176.4
171.3
153.0
148.8
100 0
177.5
170.9
151.6
146.1
97 7
177.5
169.5
152.1
146.5
101 1
177.1
171.5
151.9
148.0
102 7
175.9
171.5
150.3
147.9
98 0
178.0
do. _
do
149.6
136.1
156.3
142.7
153.0
141.4
152.7
137.5
155.9
142.8
156.5
141.3
158.3
145.6
158.2
144.4
157.3
143.3
156.9
143.0
159.1
145.1
158.6
142.0
157.9
141.7
221.7
239 0
235 2
239.1
239 5
239.7
243.1
238 1
281. 5
240 2
238 3
281.2
240.8
283.9
241 7
r 240. 2
283.8 ' 281. 9
'243 1
283.6
244.4
286.2
Durable manufactures 9
Primary metals
Iron and steel
Nonferrous metals and products
Nondurable manufactures
Textile mill products
Apparel products
Paper and products
Printing and publishing
Newspapers
,
Industrial chemicals
do
262.0
283.0
277.7
283.3
285.2
286.1
288.6
200.3
r
169.
143.
135.
174.
7
1
2
8
'
'
'
'
r 154. 5
r 118.0
171.0 '171.3 '171.4
' 152. 9 ' 152. 8 150.2
r 145. 8
141.4
••96.9
96 9
172.6
173.8 ' 174. 9
' 157. 3 ' 156. 9
142.1 137.9
139.6
143 8
142 7
142.2
143 5
145.4
143.5
144 5
146 2
146 7
150.9
149 5
r 143. 3
'143 9
149 1
222.0
236 2
141.5
136.7
167.2
234.2
237.3
238.3
140.5
136.7
160.6
237 0
138.6
136.6
149.4
138.3
136.1
149.8
139.9
135.8
161.7
239 9
143. 1
137. 8
171. 3
240 0
142.2
137.0
169 9
238 6
138.0
132.6
166.7
240 2
141.0
137.5
159.7
234 8
142.1
137.4
167.2
••231 4
234 2
144.7 ' 145. 2
140.2 ' 140. 4
168.9 170.7
146.0
140.6
171.6
156
Foods and beverages
Food manufactures
Beverages
do
do
do
136.4
132.7
156.5
238 7
140.7
136.7
161.9
Tobacco products
do
120.9
117.3
118.7
110.5
115.4
121.9
120.3
114.8
118 6
113.8
116.2
115.1
do
do
do
do
do
do
126.6
118.2
126.8
130.5
126.4
137.8
130.2
117.7
129.3
132.0
142.0
144.7
126.7
114.3
123.5
127.0
149.1
150.5
128.8
120.2
126.9
130.2
146.6
141.4
130.3
123.9
129.6
133.1
134.5
141.2
134.4
124.8
134.8
139.2
137.4
142.6
133.2
130.0
132.1
135.5
138.1
142.2
131. 2
122. 1
130.2
132. 4
142. 3
142.8
131.6
114.7
133.1
135.6
133.1
144.3
130.2
115.7
130.7
132.8
141.1
139.6
132.6
118.9
131.2
133.5
153.3
146.8
134.4
119.3
132.6
135.0
152.3
154.8
' 131. 7 ' 134. 3 136.1
113.1 122.3 '121.5
' 131. 4 132.0 134.3
133.4 ' 134. 9
'133.7
' 155. 7 ' 158. 4 165.5
' 142. 6 ' 149. 8 150.1
135.5
123
134
137
do
do
do
202.5
221.2
233.0
215.1
216.3
211.5
174.1
222.2
234.2
222. 6
234 4
222.5
234.1
226.0
238.5
226.0
238.3
227.9
240.5
230.1 ' 230. 2 ' 230. 0
243.1 242.9
231.5
do
do
do
165.1
156.9
175.0
Automotive products.. _
do
Autos
do
Auto parts and allied Droducts do
Home goods 9
"do
Appliances TV and radios
do
Furniture and rugs
do
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
Apparel and staples
Apparel incl knit goods and shoes
Consumer staples
Processed foods
Beverages and tobacco
Drugs, soap, and toiletries
Newspapers, magazines books
Consumer fuel and lighting
E quipment , including defense 9
Business equipment .
Industrial equipment
Commercial equipment
Freight and passenger equipment
Farm equipment
Materlalscf
Durable goods materials 9
Consumer durable
Equipment
Construction
Nondurable materials 9 _
Business supplies
Containers
"
General business supplies
r
'170.4 ' 170. 5 ' 171. 1
165.5
166.9
Seas, adj., total index (incl. utilities) cf- 1957-59 =100.
By industry groupings:
Manufacturing, total
do
_
122.8
226.9
213.6
223.1
215.6
225.7
170.8
162.5
179.5
170.8
162.8
181.8
170.2
161.8
177.9
170.0
160.7
177.6
170.7
161.5
183.0
172.8
172.7
164. 2
182.4
172.2
162.8
179.3
170.9
161.2
176.8
168.4
160.5
167.2
168.5
160.7
164.4
'168.5 ' 170. 0 ' 170. 6
' 161. 5 ' 162. 0 '163.7
'163.7 ' 166. 5 171.7
169.4
163.5
171
174.3
174.8
173 8
175.4
168.4
173 7
173.2
162.8
186 8
184.0
180 2
180 3
175.4
165.0
189 0
186.3
182 9
182 0
166.1
149.6
187 9
186.1
182 0
183 3
165.8
148.9
188 0
185.9
182 0
183 4
178.7
168.3
192.3
186.1
180.2
184.0
184.6
178.7
192.4
184.4
181.8
180.0
179.5
178.4
181 0
184.5
181 9
179 7
176.6
169.9
185 4
181.2
176 5
177 9
172.8
164.0
184.4
179.5
175.2
175.7
168.0
153.8
186.7
166.7
142.2
176.0
160.9
141.6
186 2
166.8
140 1
175 0
' 155. 3 ' 154. 8 ' 161. 5
132.9 127.6 ' 138. 8
' 184 9 ' 190 7 191 4
' 169. 6 ' 174. 7 178.8
' 149. 0 ' 168.4 176.0
' 173 8 ' 169 2 170 9
160
137
do
do
do
do
151.2
139.5
154.5
132.6
157 1
138 5
162.4
136.6
156.8
142 9
160.8
136.4
156.6
140 6
161.2
137.1
155.3
141.5
159.2
136.4
154.7
137.4
159.6
136.1
158.1
140.9
162.9
135.3
158 4
138 0
164. 1
138.8
157.6
135 9
163.7
137.9
156.2
136.4
161.8
132.3
158.3
137.5
164.2
136.5
159 5
137 7
165.7
137.0
' 160. 8 161.1
' 137. 6 135.1
' 167. 3 ' 167. 8 '168.9
138.7 ' 139. 5 140.1
do
do
do
do
144.5
193.4
143.3
183 4
146.8
209 0
147 1
199 6
137.9
140.4
206.1
146.3
192 7
147.8
211.9
147.5
201.6
152.3
207. 2
147 6
201 1
208.6
152.6
148.9
210.4
147.1
203.9
145.0
213.2
148.9
206.0
149.6
217.0
149 7
206 0
151.7 154.6
217.6 ' 220. 1 223.3
147.7 ' 147. 6 146.1
'210 0 206 6
182.6
184.7
168.2
205 2
234 3
145 0
188.6
195.6
179.1
220 0
246 7
136 8
190.8
196.9
181.2
191.9
185.6
194.4
174.4
252 8
136 5
' 183. 6
192.8
175.0
223.0
239 5
138 4
' 186. 2 ' 185. 6
' 196. 8 197.0
184.9 185.5
' 222. 4 225.0
' 231 5 225 6
129 5
182.2
194
223.3
185.2
193.8
176.3
223 6
240 9
135 4
do
do
do
do
do
165 8
157.8
164.2
185 1
145.9
172.5
' 160. 1
' 148. 7
188.6
'151.2
'171.3 '171.8
' 157. 9 ' 159. 8
' 142. 3 144.6
' 188. 6 189.9
' 150. 3 149.2
171.4
159
do
do
do
do
do. .
do
do
do
do
do
Business fuel and power 9
do. _ _
Mineral fuels
do
Nonresidential utilities
do
Revised.
» Preliminary.
<f See corresponding
117.8
225.9
174 1
150.9
205.0
143.7
209.9
208.0
145 9
194 1
147.3
189 8
187.8
192.9
176.7
217 3
242 3
135 6
188.4
194.1
178 6
220 1
239 7
133 9
190.0
195.7
180.9
221.7
238 4
134 9
190.4
197.0
182.7
221.0
240.8
220.5
250.5
135.2
124.4
190.3
197.0
180.3
221 3
249 7
136 0
174 6
165.5
163.9
191 9
152 4
172.1
164.0
163.2
190 7
154.5
172 9
165 8
157 9
190 3
153 2
174.5
165.5
156.6
191.7
153.0
176.3
167.0
162.7
193.2
151.7
176.5
167.0
163.0
193.2
150.0
174.1
157 6
156.6
158 1
183.9
166 6
168. 6.
165 5
180.3
165 3
170.4
162 7
180.3
162 3
165.0
160 9
183.7
165 9
168.2
164 7
185.9
166 3
167.5
165 7
152.0
133 0
158.2
134 9
153.7
130 2
211.7
156.9
134 2
213.7
159.3
137.4
214.9
162.8
141 8
216.1
216.7
200.2
note on p. S-3.
143.3
193 6
149.8
198 6
192.4
200.4
200.9
183.9
222 9
251 9
146 8
224.9
175 9
167.3
169.5
195 1
149.9
176 0
166.6
171.7
197 2
149.8
175.4
165.8
166.4
194.8
149.6
174.6
163.5
158.5
190.7
150.2
173 9
161.8
150.9
189.8
150.4
186.4
167.1
165. 5
167.9
184.7
167 4
166.7
167 8
185.5
167 0
167.8
166 6
185.3
167 4
169.9
166 1
186.0
166.9
165.6
167.6
186.5 ' 185. 3 ' 185. 0
168 5 ' 167. 5 ' 165. 1
174.0 ' 173. 7 ' 169. 1
165 8 ' 164 4 r 163 1
161.6
139.7
216.7
159.4
136.5
217.3
159.8
137 7
221.1
160.4
135. 7
160.4
136.5
161.7
137 7
182.9
254 5
153.1
222.5
222.8 220.9
9 Includes data for items not shown separately.
' 159. 8 ' 162. 1
' 135. 3 137.2
225.0
222.4
169
184.3
162.7
164.2
162 0
184
163.6
138.4
165
140
S-5
SURVEY OF CURRENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
Mar.
Annual
1970
1969
1969
Apr.
May
June
July
Aug.
Sept.
Feb.
Mar.
Nov.
Dec.
Jan.
111,053
105,392
110,580
97,419 -•100,191 106, 271
104,758 104,961 ••106,139 105, 073
Oct.
Apr.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES §
Mfg and trade sales (unadj ) total
mil $
11,162,985 11,243,676 102,332 103,386 105,368 107,145 99, 535 102,861 1.07,212
do
11,162,985 11,243,676 101,475
102,319
103,232
104,127
104,201 104,644
105,903
106,907
105,666
Manufacturing total
Durable goods industries
Nondurable goods industries
do
do
do
1 603, 718 i 655, 335 53, 078
330, 951 363, 601 29, 530
272, 767 291, 734 23,548
53, 298
29, 643
23, 655
53,741
29,573
24,168
54, 786
30, 136
24, 650
55, 392
30, 605
24, 787
55, 239
30, 868
24, 371
56, 434
31, 742
24, 692
56, 999
31, 889
25, 110
55, 988
30, 944
25, 044
55,277
30,201
25,076
55,099 ' 55,588
30,042 ' 30,402
25,057 ' 25,186
54, 860
29, 715
25, 145
Retail trade total
Durable goods stores
Nondurable goods stores
do
do
do
I" 339, 324 i 351, 633 28, 881
9,377
110,245 112, 779
0
229, 079 238, 854 19, 504
29, 409
9,575
19, 834
29,386
9,481
19,905
29, 371
9,545
19, 82G
29, 090
9,141
19, 949
29, 346
9,161
20, 185
29, 259
9,384
19, 875
29, 620
9,354
20, 266
29,471
9,229
20, 242
29,419
9,275
20,144
29,570 ' 29,980
8,886 ' 9, 143
20,684 ' 20,837
29, 734
9,121
20, 613
Merchant wholesalers, total
Durable goods establishments
Nondurable goods establishments
do
do
do
1219,943 i 236, 708
100, 012 109, 578
119, 930 127, 130
19, 516
9,071
10,445
19, 612
9,132
10, 480
20,105
9,307
10,798
19, 970
9,263
10, 707
19, 719
9,114
10, 605
20, 059
9,178
10, 881
20, 210
9, 304
10, 906
20, 288
9,359
10, 929
20, 207
9,352
10, 855
20,062
9,102
10,960
20,292 ' 20,571
9,201 ' 9, 344
11,091 ' 11,227
20, 479
9,283
11, 196
160,104
159,762
159,719 159,772 161,368 164, 196
166,012
164,087
164,437 ' 166,798 168, 055
162,733 164, 250
164,974
166,106 165,816 ••166,793 166, 940
94, 916
62,631
32, 285
45, 378
20, 564
24, 814
23, 956
14,365
9,591
95, 416
63, 076
32, 340
45, 537
20, 602
24, 935
24,021
14,389
9,632
95,905
63,550
32,355
45,838
20, 597
25, 241
24,363
14,579
9,784
96,062
63,835
32,227
45,270
20,103
25,167
24,484
14,636
9,848
' 96,603
r 63,969
' 32,634
45, 337
19, 936
25,401
' 24,853
' 14,788
' 10,065
96, 682
64, 194
32, 488
45, 525
20, 022
25, 503
24, 733
14, 713
10, 020
Mfg. and trade sales (seas, adj.), total
BUSINESS INVENTORIES §
Mfg. and trade inventories, book value, end of year
or month (unadj.), total.
mil. $
152,072
164, 087
157,745
159,365
Mfg. and trade inventories, book value, end of year
or month (seas, adj.) , total
mil $
153, 764
166, 106
156,401
157,477 158,602
88, 579
57, 422
31, 157
42, 657
19,461
23, 196
22, 528
13,454
9,074
95, 905
63, 550
32, 355
45, 838
20, 597
25, 241
24, 363
14, 579
9,784
90, 317
58, 978
31,339
43,004
19, 542
23, 462
23, 080
13, 681
9,399
91, 018
59, 426
31, 592
43, 118
19, 567
23, 551
23, 341
13, 860
9,481
92,139
60,222
31,917
43,025
19,044
23,981
23, 438
13, 897
9,541
92, 215
60, 479
31, 736
43, 438
19, 365
24, 073
23, 611
14,004
9,607
Manufacturing, total
Durable goods industries
Nondurable goods industries
Retail trade , total
Durable goods stores
Nondurable goods stores
Merchant wholesalers, total
Durable goods establishments
Nondurable goods establishments
do
do
do
do
do
do
do
do
do
159,264 160,631 161,659
93, 166
61, 441
31, 725
43, 874
19, 358
24, 516
23, 591
14, 089
9,502
93, 728
61, 724
32,004
44, 322
19, 756
24, 566
23, 609
14, 220
9,389
94, 211
62, 036
32, 175
44, 806
20, 079
24, 727
23, 716
14, 182
9,534
BUSINESS INVENTORY-SALES RATIOS
ratio
1.53
1.54
1.54
1.54
1.54
1.53
1.54
1.54
1.54
1.54
1.56
1.59
1.58
1.57
1.59
Manufacturing, total .
Durable goods industries _
Materials and supplies
Work in process
Finis.hed goods
^
do
do
do
do
do
1.70
2.01
.59
.92
.50
1.69
2.00
.56
.93
.51
1.70
2.00
.58
.92
.50
1.71
2.00
.57
.93
.51
1.71
2.04
.58
.94
.52
1.68
2.01
.57
.93
.51
1.68
2.01
.56
.94
.51
1.70
2.00
.55
.94
.51
1.67
1.95
.54
.92
.50
1.67
1.96
.54
.92
.50
1.70
2.04
.56
.96
.52
1.73
2.10
.58
.99
.54
1.74
2.12
.59
1.00
.54
1.74
••2.10
.99
.54
1.76
2.16
.60
1.02
.55
Nondurable goods industries
Materials and supplies
Work in process
Finished goods
do
do
do
do
1.33
.50
.20
.62
1.31
.48
.21
.62
1.33
.49
.21
.63
1.34
.49
.21
.63
1.32
.49
.21
.63
1.29
.47
.20
.61
1.28
.47
.20
.61
1.31
.48
.20
.62
1.30
.48
.20
.62
1.29
.48
.20
.60
1.29
.48
.20
.61
1.29
.47
.20
.62
1.29
.46
.20
.62
'1.30
.47
.20
'.63
1.29
.47
.19
.63
Retail trade, total
Durable goods stores
Nondurable goods stores
do
do
do
1.44
2.00
1.18
1.50
2.10
1.21
1.49
2.08
1.20
1.47
2.04
1.19
1.46
2.01
1.20
1.48
2.03
1.21
1.51
2.12
1.23
1.51
2.16
1.22
1.53
2.14
1.24
1.53
2.20
1.22
1.55
2.23
1.23
1.56
2.22
1.25
1.53
2.26
1.22
1.51
'2.18
1.22
1.53
2.20
1.24
1.20
1.54
.91
1.19
1.53
.89
1.18
1.51
.90
1.19
1.52
.90
1.17
1.49
.88
1.18
1.51
.90
1.20
1.55
.90
1.18
1.55
.86
1.17
1.52
.87
1.18
1.53
.88
1.19
1.54
.89
1.21
1.60
.89
1.21
1.59
.89
' 1.21
'1.58
'.90
1.21
1.58
.89
14, 944
17, 189
1,452
1,353
1,449
1,430
1,446
1,396
1,435
1,392
1,378
1,530
1,295
1,424
1,465
1,486
1,653
1,637
1,485
1,470
1,741
1,574
1,457
1,551
'1,632
'1,687
1,828
1,710
do
603, 718
655, 335
55, 254
54, 693
54,406
57,484
50, 501
53, 401
57,991
58, 473
55, 833
53,914
51, 555 '56,249
57, 012
do
do
do
do
330, 951
15, 754
50,457
24, 901
363, 601
17, 219
57, 135
26, 493
31, 054
1,387
4,884
2,305
30, 654
1,438
4,893
2,305
30,391
1,450
4,883
2,275
32, 317
1,532
4,991
2,312
27, 225
1,407
4,360
2,101
28, 745
1,531
4,584
2,148
32, 188
1,592
4,946
2,262
32, 451
1,604
5,024
2,316
30, 891
1,450
4,849
2,198
30,067
1,335
4,651
2,121
27, 886 '30, 780
1,250 '1,356
4,931 ' 4, 957
2,365 '2,213
31,189
1,470
5,004
2,240
Fabricated metal products
Machinery, except electrical
Electrical machinery.
Transportation equipment
Motor vehicles and parts
Instruments and related products
do
do
do
do
do
do
34, 180
58,047
42, 353
84, 163
47, 638
11, 370
37,024
64,551
45, 376
91, 450
50, 144
13, 563
2,994
5,720
3,867
7,814
4,446
1,101
3,109
5,559
3,686
7,654
4,281
1,068
3,031
5,420
3,674
7,652
4,223
1,085
3,318
5,918
4,076
7,954
4,615
1,217
2,876
4,856
3,536
6,224
3,093
1,023
3,135
5,095
3,739
6,302
2,955
1,166
3,249
5,700
4,098
8,101
4,625
1,287
3,371
5,469
4,064
8,530
4,973
1,176
3,133
5,237
3,847
8,236
4,439
1,204
3,142
5,319
3,699
8,050
3,865
1,213
2,969 '3,222
3,239
5,017 ' 5, 805 5,893
3,319 ' 3, 762
3,776
7,591
6,668 ' 7, 627
3,666 ' 3, 924
3,862
1,035 ' 1, 159
1,229
Nondurable goods industries, total 9
Food and kindred products
Tobacco products . _
Textile mill products
do
do
do
do
272, 767
90, 157
4,922
21, 458
291, 734
96, 717
5,121
21, 262
24, 200
7,825
404
1,830
24, 039
7,662
414
1,756
24,015
7,831
439
1,717
25, 167
8,278
462
1,854
23, 276
7,809
437
1,507
24, 656
8,159
453
1,852
25, 803
8,708
454
1,884
26, 022
8,677
414
1,990
24, 942
8,383
438
1,847
23,847
8,414
431
1,647
23, 669 '25,469 25, 823
8,088 '8,506
8,678
414
'407
430
1,626 ' 1, 761 1,830
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products
do
do
do
do
24, 208
46, 465
22, 267
14, 265
26, 951
48, 698
24, 555
16, 552
2,259
4,106
1,930
1,387
2,256
4,254
1,971
1,413
2,230
4,251
2,054
1,380
2,343
4,274
2,155
1,485
2,157
3,825
2,046
1,266
2,264
4,040
2,088
1,311
2,338
4,268
2,155
1,423
2,350
4,230
2,082
1,594
2,278
4,036
2,142
1,405
2,187
3,670
2,128
1,317
Shipments (seas, adj.), total
By industry group:
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals. .
Blast furnaces, steel mills
do
53, 078
53, 298
53,741
54,786
55, 392
55, 239
56, 434
56, 999
55, 988
55,277
55,099 '55,588
30,944
1,459
5,013
2,338
30,201
1,485
4,945
2,354
30,042 '30,402 29, 715
1,475 ' 1, 519 1,528
5,138 ' 4, 796
4,694
2,474 ' 2, 155
2,055
3,180
5,471
3,739
7,920
4,044
1,186
3,259
5,228
3,609
7,593
3,735
1,142
Manufacturing and trade total
Merchant wholesalers total
do
Durable goods establishments
do
Nondurable goods establishments
do
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:
Durable goods industries:
Unadjusted, totaL.
mil. $
Seasonally adj., total
do
Shipments (not seas, adj.), total
. ..
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
do
do
do
do
29,573
1,402
4,643
2,119
30,136
1,381
4,728
2,212
30, 605
1,388
4,777
2,238
30, 868
1,414
4,739
2,176
31, 742
1,478
5,016
2,329
31, 889
1,491
5,144
2,422
Fabricated metal products
do
2,968
2,940
3,061
Machinery, except electrical—
do
5,319
5,276
5,248
Electrical machinery
do
3,764
3,737
3,725
Transportation equipment
do
7,275
7,346
7,273
Motor vehicles and parts ~
do
4,042
3,910
3,997
Instruments and related products
do
1,084
1,103
1.078
' Revised.
° See corresponding note on p. S-ll; revisions for Jan.-Nov. 1968 for mfg. and
trade sales, total
(unadj. and seas, adj.) will be shown later.
» Based on data not seasonally
2
adjusted.
Advance estimate; total mfrs. shipments for Mar. 1970 do not reflect revisions
Digitized
FRASER
for for
selected
components. § The term "business" here includes only manufacturing and
3,094
5,422
3,943
7,244
4,073
1,158
3,088
5,261
3,930
7,916
4,484
1.101
3,036
5,504
3,863
8,120
4,665
1,182
3,135
5,769
3,873
8,248
4,781
1,212
3,286
5,572
3,900
8,280
4,559
1,133
29, 530
1,441
4,578
2,115
29, 643
1,422
4,571
2,096
2,239
3,797
2,167
1,390
3,310
5,536
3,574
6,825
3,608
1,171
r
'
'
'
'
.58
2, 386
4, 243
2, 167
1, 571
' 3, 245
'5,638
' 3, 719
'7,359
' 3, 763
' 1, 192
2,439
4,312
2,053
1,623
54, 860
3,178
5,480
3,633
7,104
3,527
1,207
trade; business inventories as shown on p. S-l cover data for all types of producers, both
farm and nonfarm. Unadjusted data for manufacturing are shown below and on p. S-6;
those for wholesale and retail trade on pp. S-ll and S-12.
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
S-6
1969
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
Annual
May 1970
1969
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Shipments (seas, adj.)— Continued
By industry group:
Nondurable goods industries, total 9
mil. $
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 market category:
Home goods and apparel
do
Consumer staples
do
Equipment and defense prod., excl. auto.do
Automotive equipment
do
Construction materials and supplies
do
Other materials and supplies
do
Supplementary series:
Household durables
_
do
Defense products (old series)
do
Defense products (new series) . do
Machinery and equipment
do
Inventories, end of year or month:
Book value (unadjusted), total
Durable goods industries total
Nondurable goods industries total
23,548
7,778
411
1,784
2,186
3,892
1,971
1,327
23, 655
7,755
421
1,758
2,226
3,913
1,988
1,333
24,168
7,869
439
1,751
2,241
4,063
2,067
1,335
24,650
8,085
422
1,771
2,259
4,095
2,103
1,403
24, 787
8,114
425
1,789
2,333
4,118
2,030
1,395
24, 371
8,156
432
1,785
2,234
4,100
2,071
1,352
24,692
8,259
442
1,761
2,263
4,120
2,138
1,424
25, 110
8,416
423
1,841
2,285
4,178
2,065
1,542
25,044
8,390
436
1,774
2,292
4,255
2,155
1,449
25,076
8,624
438
1,745
2,283
4,110
2,140
1,365
25, 057 ' 25,186
8,452 '8,468
r424
456
1,779 '1,741
2,351 '2,364
3,986 ' 4, 225
2,206 ' 2, 162
1,474 ' 1, 549
25, 145
8,622
437
1,780
2,357
4,082
2,094
1,553
4,703
9,927
8,738
4,572
4,517
20, 621
4,738
9,981
8,886
4,531
4,531
20,631
4,820
10,116
8,889
4,476
4,494
20,946
5,066
10, 322
8,864
4,650
4,452
21, 432
5,017
10,508
8,960
5,102
4,404
21,401
4,646
10, 477
9,177
5,298
4,399
21, 242
4,646
10,562
9,303
5,422
4,520
21, 981
4,667
10, 876
9,447
5,243
4,614
22, 152
4,354
10,827
9,459
4,647
4,595
22, 106
4,505
11,035
9,146
4,332
4,537
21,722
4,484 '4,368
10,854 ' 10,904
9,073 '9,505
4,185 ' 4, 370
4,537 '4,539
21, 966 ' 21,902
4,329
11,002
9,254
4,126
4,422
21,727
25, 601
50, 114
24, 511
75, 694
2,126
4,001
1,875
6,212
2,159
4,128
2,035
6,160
2,128
4,117
1,971
6,219
2,250
4,029
1,989
6,316
2,280
4,182
2,077
6,198
2,141
4,143
2,141
6,457
2,145
4,068
2,062
6,806
2,150
4,409
2,110
6,432
1,951
4,549
2,244
6,432
1,984
4,518
2,284
6,179
93,415
61,643
31, 772
94, 118
62, 173
31, 945
94,755
62, 570
32, 185
95,475
63,106
32,369
1
55, 126
1
115, 551
1
96,
115
1
i 56, 585
i 124, 395
1 108, 355
54, 048 i 57, 175
148,587 i 54, 130
1
234, 291 1 254, 695
1
1
24, 031
46, 201
i 23, 917
» 68, 757
i
i
i
i
do
do
do
88,239
57, 034
31, 205
95,475
63,106
32, 369
90,885
59,293
31, 592
91, 779
59, 973
31, 806
92,808
60,805
32,003
92, 509
60, 863
31, 646
92,682
61,113
31,569
93, 262
61,541
31, 721
' 1, 970
'4,308
'1,915
'6,604
1,973
4,301
1,977
6,424
96, 271 ' 97,181
63, 702 '64,244
32, 569 ' 32,937
97,272
64,530
32,742
1,937
3,970
1,798
6,380
do
88, 579
95, 905
90,317
91, 018
92,139
92, 215
93,166
93,728
94, 211
94, 916
95, 416
95,905
96,062 ' 96,603
96,682
do
do
do
do
57, 422
2,219
7,552
4,039
63, 550
2,483
8,052
4,312
58,978
2,361
7,627
4,074
59, 426
2,391
7,682
4,121
60,222
2,390
7,764
4,200
60, 479
2,431
7,798
4,194
61,441
2,463
7,800
4,185
61, 724
2,453
7,907
4,234
62, 036
2,458
7,937
4,255
62,631
2,449
7,925
4,234
63,076
2,471
8,009
4,272
63,550
2,483
8,052
4,312
63,835 ' 63,969
2,506 '2,542
8,104 ' 8, 126
4,260 '4,267
64,194
2,526
8,342
4,454
Fabricated metal products
do
Machinery, except electrical
do
Electrical machinery
do
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products.. do
6,287
11, 310
8,560
13, 939
4,257
2,183
6,613
13, 180
9,346
15, 561
4,156
2,476
6,220
11,837
8,735
14, 350
4,289
2,319
6,267
11, 946
8,762
14, 482
4,263
2,345
6,305
12,149
8,957
14,689
4,216
2,339
6,358
12,294
8,913
14, 714
4,175
2.387
6,407
12,542
9,044
15,154
4,306
2,407
6,371
12,606
9,086
15, 177
4,237
2,412
6,434
12, 697
9,203
15, 129
3,944
2,416
6,478
12,909
9,307
15, 358
4,024
2,427
6,550
13,080
9,327
15,388
4,063
2,434
6,613
'13,180
9,346
15,561
4,156
2,476
6,660 ' 6, 676
13, 241 ' 13,344
9,407 ' 9, 482
15, 636 ' 15,532
4,231 ' 4, 164
2,484 '2,520
6,675
13,438
9,487
15,504
4,153
2,578
do
do
do
do
16,637
2,787
4,821
3,402
17, 572
2,824
5,556
3,293
16,980
2,824
5,003
3,388
16, 935
2,814
5,024
3,348
17,055
2,843
5,117
3,332
17, 045
2,806
5,143
3,291
17,159
2,760
5,140
3,444
17,011
2,800
5,169
3,206
17, 023
2,831
5,237
3,090
17,104
2,802
5,389
3,038
17, 194
2,771
5,456
3,078
17,572
2,824
5,556
3,293
17, 598 ' 17,615
2,888 '2,916
5,484 '5,530
3,244 ' 3, 182
17,694
2,999
5,532
3,164
Work in process 9
do
Primary metals
do
Machinery (elec. and nonelec.) ...do
Transportation equipment
do
26, 357
2,547
9,472
9,162
29, 796
2,780
10, 702
10,683
27, 264
2,573
9,879
9,561
27,463
2,609
9,948
9,657
27,872
2,612
10,102
9,854
28, 072
2,674
10, 134
9,927
28,714
2,687
10,355
10,232
28,977
2,720
10, 405
10, 441
29, 224
2,722
10, 495
10,543
29, 494
2,712
10, 542
10, 749
29,660
2,779
10,650
10, 742
29,796
2,780
10,702
10,683
29, 987 ' 30,005
2,818 '2,737
10, 805 ' 10,849
10, 845 ' 10,797
30,163
2,824
10,924
10,817
Finished goods 9
do
Primary metals
do
Machinery (elec. and nonelec.). ..do
Transportation equipment
do
14,428
2,218
5,577
1,375
16, 182
2,448
6,268
1,585
14,734
2,230
5,690
1,401
15, 028
2,259
5,736
1,477
15,295
2,309
5,887
1,503
15, 362
2,318
5,930
1,496
15,568
2,353
6,091
1,478
15, 736
2,387
6,118
1,530
15, 789
2,384
6,168
1,496
16, 033
2,411
6,285
1,571
16,222
2,459
6,301
1,568
16,182
2,448
6,268
1,585
16, 250 ' 16,349
2,398 '2,473
6,359 '6,447
1,547 ' 1, 553
16,337
2,519
6,469
1,523
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
31, 157
7,370
2,261
3,539
2,384
5,937
2,118
1,801
32, 355
7,230
2,200
3,501
2,632
6,634
2,274
1,888
31,339
7,215
2,226
3,548
2,420
6,177
2,069
1,799
31, 592
7,293
2,203
3,581
2,439
6,255
2,061
1,811
31,917
7,416
2,209
3,565
2,458
6,336
2,077
1,837
31, 736
7,418
2,211
3,539
2,448
6,332
2,079
1,808
31,725
7,296
2,230
3,509
2,486
6,395
2,078
1,851
32,004
7,367
2,251
3,586
2,469
6,418
2,075
1,885
32, 175
7,399
2,225
3,564
2,513
6,467
2,108
1,890
32, 285
7,292
2,240
3,524
2,581
6,526
2,156
1,879
32, 340
7,302
2,233
3,447
2,614
6,566
2,197
1,871
32,355
7,230
2,200
3,501
2,632
6,634
2,274
1,888
32, 227 '32,634
7,200 '7,423
2,143
2,165
3,455 '3,454
2,661 '2,681
6,551 ' 6, 613
2,320 ' 2, 318
1,914 ' 1, 951
32,488
7,456
2,159
3,441
2,682
6,639
2,307
1,985
11, 598
4,855
14,704
11, 792
5,100
15, 463
11, 519
4,943
14,877
11, 672
4,970
14,950
11,783
5,016
15,118
11,704
4,946
15, 086
11,684
4,945
15,096
11, 790
4,988
15, 226
11, 837
5,028
15, 310
12, 048
5,062
15, 175
11,963
5,058
15,319
11,792
5,100
15,463
11, 629 ' 11,796
5,103 '5,027
15,495 ' 15,811
11,833
4,865
15,790
9,469
11, 786
22, 191
5,199
7,410
32, 524
9,922
12, 084
25, 865
5,277
8,001
34, 756
9,667
11,830
22,970
5,332
7,640
32, 878
9,738
11, 903
23, 066
5,330
7,723
33, 258
9,850
12,039
23,582
5,323
7,714
33,631
9,696
12, 077
23, 792
5,287
7,761
33, 602
9,732
12,001
24, 349
5,449
7,832
33,803
9,832
12, 145
24,600
5,368
7,783
34,000
9,924
12, 206
24, 979
5,086
7,831
34, 185
9,980
12, 108
25, 387
5,128
7,864
34,449
9,988
12, 152
25,587
5,157
7,939
34, 593
9,922
12,084
25,865
5,277
8,001
34,756
9,903 ' 9, 893
12, 087 ' 12,358
25, 884 ' 25,921
5,356 '5,298
7,990 ' 8, 016
34, 842 '35,117
9,784
12,303
25,907
5,292
7,967
35,429
4,645
11, 513
7,126
14, 038
5,092
13, 204
7,472
16, 305
4,821
11, 741
7,327
14,702
4,867
11, 824
7,374
14, 852
4,925
12,194
7,508
15,070
4,872
12,164
7,485
15,300
4,961
12,454
7,713
15,621
5,055
12, 621
7,690
15, 662
5,121
12,880
7,793
15, 799
5,137
13, 020
7,759
16, 109
5,166
13, 056
7,615
16, 240
5,092
13,204
7,472
16,305
5,156 '5,158
13, 101 ' 13,050
7,472 '7,293
16, 425 •• 16,570
5,121
12,934
7,298
16,724
.do
do "
do
607, 161
334, 422
272,739
657, 780
366, 054
291, 726
55, 696
31,449
24, 247
56, 010
31, 896
24, 114
54,204
30,175
24,029
56,743
31,544
25, 199
51,551
28,355
23,196
53,001
28, 420
24, 581
58,450
32, 671
25, 779
57, 939
31, 942
25,997
55,274
30,334
24, 940
53,424
29,612
23,812
51, 285 ' 55,869
27, 695 '30,348
23, 590 ' 25,521
56,198
30,337
25,861
do
607, 161
657, 780
53,283
54,635
54,133
53,861
55, 793
54,799
56,829
56, 917
56,242
55,362
53, 868 ' 54,854
53,796
28, 909 ' 29,657
4,787 '4,419
2,079 '1,855
28, 620
4,511
1,965
'3,116
' 5, 551
'3,786
'7,230
'2,815
3,122
5,170
3,623
6,572
2,694
24, 959 ' 25,197
6,799 '6,890
18. 160 ' 18.307
25, 176
6,934
18.242
Book value (seasonally adjusted), total
By industry group:
Durable goods industries, total 9
Stone clay and glass products
Primary metals
Blast furnaces, steel mills
By stage of fabrication:
Materials and supplies 9
Primary metals
Machinery (elec and nonelec )
Transportation equipment
By market category:
Home goods and apparel
do
Consumer staples
do
Equip, and defense prod., excl". auto....do
Automotive equipment
do
Construction materials and" supplies
do
Other materials and supplies
do
Supplementary series:
Household durables
do
Defense products (old series)
do
Defense products (new series)
do
Machinery and equipment
do
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
.
do
do
do
334, 422
49,790
24,380
366,054
58,491
27,280
29,697
4,614
2,110
30, 944
4,806
2,307
29,998
4,772
2,246
29, 171
4,825
2,308
31,069
5,161
2,510
30,482
5,001
2,370
32, 135
5,313
2,592
31, 795
5,300
2,571
31,188
4,751
2,190
30,295
4,760
2,007
do
do
do
do
do
35, 276
58, 286
42, 330
86, 790
31, 514
37,692
66,963
45,682
89,391
30,923
2,980
5,538
3,746
7,107
2.492
3,158
5,650
3,928
7,695
2,562
3,119
5,579
3,710
7,228
2,564
3,157
5,627
3,664
6,341
1,796
3,197
5,433
4,079
7,554
2,502
3,091
5,513
3,707
7,657
2,468
3,340
6,152
3,688
7,885
2,216
3,437
5,635
4,097
7,673
2,586
3,276
5,453
3,619
8,429
3,279
3,384
5,548
4,110
6,995
2,728
272, 739 291, 726 23, 586 23, 691 24,135
80,293
74, 348
6,568
6,637
6,634
198. 391 211. 433 17. 018 17. 054 17.501
' Revised.
i Based on data not seasonally adjusted.
2 Advance estimate; total mfrs.
Digitized for
newFRASER
orders for Mar. 1970 do not reflect revisions for selected components.
9 Includes data
for
items
not
shown
separately.
elncludes
textile
mill
products,
leather and products,
http://fraser.stlouisfed.org/
paper and allied products, and printing and publishing industries; unfilled orders for other
24,690
6,748
17. 942
24,724
6,856
17.868
24, 317
6,616
17. 701
24,694
6,709
17. 985
25, 122 25,054
6,912. 6,853
18. 210 18. 201
25,067
6,804
18.263
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts
Nondurable goods industries, total
Industries with unfilled orderse
Industries without unfilled orders!
Federal Reserve Bank of St. Louis
do
do
do
3,024
5,390
3,667
6,414
2,201
nondurable goods industries are zero.
HFor these industries (food and kindred products, tobacco products, apparel and related
products, petroleum and coal products, chemicals and allied products, and rubber and plastics
products) sales are considered equal to new orders.
May 1970
S-7
SURVEY OF CUERENT BUSINESS
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
Mar.
Annual
1970
1969
1969
May
Apr.
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS -Continued
New orders, net (seas, adj.)— Continued
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 series:
Household durables
Defense products (old series)
Defense products (new series)
Machinery and equipment
mil $
do
do
do
do
do
do
do
do
do
Unfilled orders, end of year or month (unadjusted),
total
mil $
Durable goods industries total
do
Nondur goods ind 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
2 55 173
1 15 594
2
56 432
124 361
2 Qg 601 2 109 397
2
54' 554 2 57,315
2 49 522 2 54 663
2
2
233 717 255, 612
4 801
9 920
8 719
4 581
4 493
20 769
4 750
9 969
9 305
4,665
4 642
21 304
4 709
10 110
8 761
4,655
4 561
21,337
5 030
10 327
8 063
4,547
4 499
21, 395
5 072
10499
9 195
5,039
4 479
21,509
4 547
10 470
8 720
5,310
4 459
21 293
4 635
10 563
9 614
5,412
4 784
21 821
4,625
10, 884
9 021
5,086
4 751
22, 550
4,283
10, 826
10021
4,773
4 708
21,631
4 528
11 028
9 570
4,297
4 490
21 449
4,443
10,848
8.880
4,122
4 243
21,332
2 204
3 806
2 152
6 414
2 156
4 015
2,076
7 099
2 026
3,811
1,787
6 428
2,226
2,869
1,268
6,528
2,346
4,047
2,380
6,346
2 036
3 773
1,464
6 245
2 123
3 368
1,415
7 352
2,115
4,153
1,889
6,450
1,890
4,630
2,419
6,696
2 001
4 400
2,108
6 490
1,899
3,549
1,812
6,414
88 480
85 380
3 100
89, 796
86 621
3 175
89 595
86 407
3 188
88,847
85 631
3 216
89,892
86 759
3 133
89493
86 435
3 058
89 952
86 918
3 034
89 415
86 410
3 005
88 859
85 854
3 005
88 412
85 445
2*967
2
2
2
2
24 120
47 409
2
69 650
2
25 461
2 47, 291
22 23, 114
78 641
85 938
82 946
2 992
88,412
85 445
2 967
r
4,419
4, 357
' 10, 904 10,999
'9,669
8,635
'4,262
4,016
'4 420 4,341
'21,242 21,386
'1,954
'4,282
'1,872
'6,603
2,051
3,947
1,585
6,039
88,146 '87,765
85 258 '84 827
2,888 ' 2, 938
86, 952
83 973
2,979
87 152
89 714
88 267
89 603
89 986
89,058
89456
89 014
89 411
89 333
89 583
89 714
88 488 '87,757
86, 691
84 071
6,327
3 100
86 668
7,726
3 921
85 159
6,611
3 104
86 461
6,848
3,316
86 878
6,975
3 442
85,910
7,073
3,538
86 369
7,456
3 810
85 984
7 718
4 004
86 377
8 015
4 267
86 288
8,172
4 415
86 530
7,909
4 267
86 668
7,726
3 921
85 539 '84 795
7,375 ' 6, 998
3,526 ' 3, 226
83, 702
6,815
3,136
do
do
do
do
do
10, 114
14 790
13 210
33 670
26 858
10, 854
17 243
13, 512
31 605
24, 212
9,756
15 410
13, 272
34 086
27 173
9,854
15, 783
13, 461
34 436
26, 987
10, 002
16 113
13, 408
34 388
26 828
10,066
16,314
13,127
33 484
26,035
10,175
16487
13,276
33 121
25771
10,231
16 494
13 120
32 658
25*475
10, 436
16 875
12' 935
32 297
24' 957
10,588
16 938
13, 133
31 689
24, 535
10, 684
16 926
13 013
32 200
24 615
10,854
17 243
13 512
31 605
24 212
10, 569
17, 099
13,606
31 192
23, 802
' 10, 440
' 17, 010
' 13, 674
'31 064
'23, 681
10,383
16, 701
13, 665
30 531
23,388
Nondur. goods ind. with unfilled orders© do
3 081
3 046
3 108
3,142
3 108
3 148
3 087
3 030
3 034
3 045
3 053
3 046
2,949
' 2, 962
2,989
do
do.
do
do.
2 220
47,300
10 279
27 353
2 017
48, 515
10 886
28 296
2 328
48, 310
10 013
27 616
2,328
48, 863
10 124
28 288
208
913
190
675
2,176
48,006
10237
28, 639
2 223
48,173
10312
28 748
2 117
47 727
10 373
28797
2
48
10
28
110
027
636
638
2 075
47, 446
10 774
29, 038
2 000
48,128
10 888
28 567
1,974 ' 1, 966
48, 261 ' 48, 316
10 592 '10 473
27, 661 '27 002
2,050
47,586
10 393
26 662
do
do.
do
do
1 790
33, 108
21, 818
22, 141
1 642
30, 273
20, 419
25 126
1 911 1 909
33, 350 33, 237
22, 526 22, 567
22 691 23 627
1 805
32 931
22, 383
23 836
1,781
31,771
21,662
24044
1,846
31,634
21,964
24 193
1 742
31 264
21,288
23 982
1 722
30 565
20,641
24 527
1 686
30, 308
20, 420
24 549
1 625 1 642
30390 30, 273
20,595 20, 419
24,818 25 126
New incorporations (50 States and Dist. Col.):
Unadjusted
number
Seasonally adjusted
___
do
233 635
274 267
23 089
21, 353
24 698
23, 220
23 694
23 185
24 128
23 628
24 015
23 554
20 990
22 967
21 498
23 138
25 059
24 046
19 109
23* 308
9,636
1 106
1 670
1,513
4 366
981
9,154
1 159
1 590
1 493
4 070
868
111
144
126
407
80
823
109
148
142
363
61
812
105
157
122
360
68
792
109
148
126
324
85
689
113
131
113
283
49
702
86
126
108
303
79
726
90
124
110
338
64
815
90
145
136
350
94
759
115
134
131
313
66
940, 996 1,142 113 84 121 118, 761
9,068
87, 289 126, 537
9,176
212 459 171 717 15,206 18, 679
291, 700 406 450 21, 698 57, 845
220, 223 265, 122 23, 827 17, 471
129 325 172 287 14 214 15, 698
92 605
7,917
20 543
33 043
20, 455
10 647
91 921
20, 430
10 735
24 026
22, 774
13 956
112 727
8,047
19 457
63 474
17, 189
4 560
36.9
39.8
34.9
Fabricated metal products
Machinery, except electrical
Electrical machinery
.
Transportation equipment
Aircraft, missiles, and parts
By market category:
Home goods, apparel, consumer staples
Equip, and defense prod., incl. auto.
Construction materials and supplies
Other materials and supplies..
Supplementary series:
Household durables
Defense products (old series) _ . _
Defense products (new series)
Machinery and equipment. -
2
48
10
28
2
48
10
28
017
515
886
296
1 607
29,862
20,433
25,160
' 1 593 1 670
'29 826 29 472
' 20, 389 19, 997
'25 161 24 775
BUSINESS INCORPORATIONS^
INDUSTRIAL AND COMMERCIAL
FAILUREScf
Failures, total
number-Commercial service
do
Construction
do
Manufacturing and mining
do
Retail trade
do
Wholesale trade
__ _ do
Liabilities (current), total
Commercial service
Construction
Manufacturing and mining
Retail trade...
Wholesale trade
_ thous. $
do
do
do
do
do
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns. _
238.6
842
2
37.3
38.0
36.4
62
4
10
19
17
11
830
347
293
252
851
087
36.0
73
9
10
18
24
11
698 116 443 127 138
416 13, 696
7*938
173 21 151 13 033
412 28 532 42 799
016 34,647 21 192
681 18 417 42 176
407 P21 799
22 849 '24
22 137 r 22 072 J>23 253
748
87
105
146
351
59
96
18
6
39
21
10
734
84
114
140
342
54
817
84
155
164
335
79
921
113
153
180
394
81
849 137, 282 139 388 120 021
7,679
7 770
505 37, 608
968 20 835 36 504 13 258
162 42 260 66 589 46 399
800 24, 979 21 655 30 333
6 870 22 352
414 11 600
39.9
39.5
40.9
38.2
33.7
39.4
40.1
287
180
162
158
222
605
333
355
398
184
286
221
377
169
164
159
216
602
342
352
410
199
351
420
197
290
221
339
171
169
159
214
602
349
346
436
181
289
221
330
175
167
157
216
602
347
339
442
170
281
220
301
180
167
161
204
603
333
332
429
147
327
356
328
357
330
360
333
362
'332
334
364
COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS
Prices received, all farm products
Crops9
Commercial vegetables
Cotton
Feed grains and hay
Food grains
Fruit
___
Tobacco..
_
Livestock and products?
Dairy products
Meat animals
Poultry and eggs
1910-14=100..
do
_ do
do
do. .
do
do
do
do
do
do
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 §
261
229
313
192
159
160
303
567
288
318
346
142
277
224
337
173
166
154
256
594
322
330
399
160
271
228
324
173
164
156
285
583
308
323
375
160
271
227
326
174
167
156
259
585
309
318
385
150
282
237
406
170
173
157
269
585
321
314
419
134
284
231
310
180
173
151
298
585
329
310
437
139
310
335
324
351
325
351
326
351
292
355
321
347
322
349
304
302
303
373
369
373
do
73
74
73
73
l
' Revised.
Advance estimate; total
mfrs. unfilled orders for Mar. 1970 do not reflect
2
revisions for selected components.
Based on unadjusted data.
0 See corresponding
note on p. S-6.
9 Includes data for items not shown separately.
* Preliminary.
282
224
308
184
170
142
332
317
426
160
279
220
297
173
167
145
257
607
330
325
422
153
328
337
407
164
325
352
324
352
325
354
OCQ
zoy
592
one
OUO
306
308
375
376
374
7fi
7fi
75
304
275
277
911
ft\A
917
Zl<
285
900
L£&
285
313
164
166
152
183
165
157
436
OXK
998
ZZo
^40
615
327
349
401
161
326
355
°.04,
OU4
305
306
374
375
376
378
75
73
74
7*
918
ti\.o
342
161
168
158
91fl
Z1U
KQO
oyo
346
r 362
OAQ
ouy
312
' 311
313
378
383
386
'385
388
7fi
7fi
7R
75
72
307
d" Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).
§ Ratio of prices received to prices paid (parity index).
SURVEY OF CURRENT BUSINESS
S-8
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
May 1970
1969
1969
Annual
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
COMMODITY PRICES—Continued
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Unadjusted Indexes:
All items
Special group indexes:
All items less shelter __
All items less food
All items less medical care
1957-59=100
121.2
127.7
125.6
126.4
126.8
127.6
128.2
128.7
129.3
129.8
130.5
131.3
131.8
132.5
133.2
_ _ _ do
do
do
120.6
121.9
119.7
126.3
128.6
126.1
124.4
126.8
124.0
125.0
127.5
124.7
125.4
127.9
125.2
126.3
128.4
126.0
126.7
128.8
126.5
127.1
129.3
127.0
127.6
130.0
127.6
128.1
130.8
128.2
128.6
131.4
128.9
129.5
131.9
129.7
129.8
132.3
130.1
130.3
133.0
130.8
130.7
133.8
131.5
do
do
do
..do. _
do
do
do.. .
115.3
118.4
117.7
107.5
113.2
134.3
138.6
120.5
124.1
123.0
111.6
118.0
143.7
149.2
118.7
121.8
121.4
111.1
116.8
140.9
146.1
119.3
122.5
121.9
111.4
117.2
142.0
147.4
119 6
123.0
122.4
111.3
117.5
142.7
148.1
120.5
124.1
123.0
111.7
118.0
143.3
148.8
121.0
124.7
123.1
111. 9
118.1
144.0
149.6
121.4
125.2
123.3
111.9
118.2
145.0
150.7
121.7
125.8
124.4
111.6
118.7
146.0
151.7
122.4
126.1
125.1
113.2
119.8
146.5
152.3
122.9
126.7
125.5
113.5
120.2
147.2
153.1
123.6
127. 7
125.7
113.6
120.3
148.3
154.3
123.7
127.8
125. 2
113.7
120.1
149.6
155.8
124.2
128.4
125.8
113.7
120.4
150.7
157.1
124. 5
128.7
126.1
114.1
120 8
152.3
158. 9
Food 9
do
Meats, poultry, and
fish
_
-do
Dairy products
__
do__ .
Fruits and vegetables
do
Housing
do
Shelter 9
do
Rent
do
Home ownership
.
_ do
Fuel and utilities 9
_ _do _
Fuel oil and coal. _ __
_do
Gas and electricity
do
Household furnishings and operation do _.
Apparel and upkeep
. _ do_ _.
Transportation
do
Private
_
- - - do
New cars..
.
do.. Used cars
do
Public
_ _
_ ... do_
Health and recreation 9
_.
do_ __
Medical care
do
Personal care
_
_ do
Reading and recreation
do_ _.
119.3
113.7
120.6
126.8
119.1
123.6
115. 1
127.0
110.4
115.1
109.5
113.0
120.1
119.6
117.3
100.8
138.2
130.0
145.0
120.3
125.7
125. 5
123.2
124.5
128.4
126.7
133.6
118 8
139.4
112.9
117.8
111.5
117.9
127.1
124 2
121. 3
102.4
125 3
148.9
136.6
155 0
!26 2
130.5
122.4
116.5
123.0
127.6
124.4
130.5
117 5
135 7
112.2
117.2
110.6
116.4
124.9
124.3
121.6
102.4
130 5
147.5
134.3
152 5
124 8
128 7
123.2
118.4
122. 9
127.9
125.3
131.6
117.8
137.1
112.6
117.4
111.2
116.9
125.6
124 6
121.9
101.9
131 2
148 0
135.1
153 6
125 5
129 6
123.7
119.9
123.6
130.0
125.8
132.4
118.1
138.0
112.6
117.5
111 2
117.4
126.6
124 0
121 2
101.8
126 8
148 0
135 7
154 5
125 8
130 2
125.5
125.3
124.0
130.8
126.3
133.0
118.5
138.7
112.7
117.5
111.3
117.9
127.0
124.6
121.8
101.8
128.2
149.1
136.3
155.2
126.2
130.4
126.7
127.6
124.4
132.3
127.0
134.0
118.8
140.0
112.6
117.4
110.9
118.2
126.8
124.3
121.4
101.6
127.0
149.5
137.0
155.9
126.6
130.7
127.4
127.9
125.0
130.2
127.8
135.1
119.3
141.3
113.0
117.7
111.5
118.5
126.6
124 2
121.3
101.0
125 4
149 7
137.7
156 8
126 8
131 2
127.5
129.0
125.5
126.8
128.6
136.1
119.7
142.6
113.3
118.1
112.0
119.0
128.7
123.6
120.5
99.5
121.4
150.3
138.4
157. 6
127.3
131.6
127.2
127.6
125.8
124.0
129.2
137.0
120.1
143.6
113.5
118.4
112.2
119.3
129.8
125.7
122.8
104.2
125.8
150.3
138.6
156.9
127.3
132.0
128.1
127.2
126.3
127.0
129.8
137.7
120.5
144.5
114.2
118.9
113.2
119.6
130.7
125 6
122 7
105.1
124 9
151 1
139 1
157 4
127 8
132 3
129.9
127.2
127.6
132.1
130.5
138.5
121.0
145.4
114.6
119.2
113.7
120.0
130.8
126.4
123.4
104.9
123.9
153.0
139.6
158.1
128.1
132.7
130.7
128.8
128.4
130.9
131.1
139.6
121.3
146.8
114.6
119.7
114.1
120.1
129.3
127.3
123.3
104.7
120.7
165.1
140.1
159 0
128.5
133.1
131.5
129.7
128.8
132.4
132.2
140 9
121 8
148 5
114.9
120.6
114 6
120 8
130 0
127 3
123 3
104 6
117 8
165 4
140.7
160.1
129.0
133.2
131.6
130.2
129. 4
133 1
133 6
142 8
l'>2 3
150 9
115 6
1?0 8
114 8
1?1 6
130
6
197 1
123 0
104 4
117 6
165 8
141 4
161 6
129 6
133 6
195.7
192.8
197.8
i 108. 1
i 103. 1
i 111.8
104 1
100 2
106.9
105 6
100.5
109.3
107.6
103.7
110.4
109.1
105.6
111.6
109.1
104.5
112.4
110 9
105 2
115 0
111.6
103.6
117.4
111 3
105 4
115 6
111 9
106 8
115 6
112.3
105.6
117.2
113.8
106.2
119.4
114.3
106.6
120.0
114.6
108.4
119.2
114.0
107.5
118.7
' 108. 8
113.0
111 7
111 9
112.8
113.2
113.3
113 4
113.6
114 0
114 7
115.1
116.0
116.4
116.6
116.6
109.5
111 9
115 7
114.4
119 3
108.7
112.4
116.0
114.7
119.9
108.7
112 8
116 5
115.1
120 8
109.0
113 1
117 6
116.2
121 5
109.9
113.5
118.0
116.5
122.3
110.7
114.4
118.8
117.3
122.9
113.0
114.7
118.8
117.3
123.1
114.2
114.8
119.0
117.4
123.5
113.4
115.3
118.6
116.8
123.7
120.0
113.9
116.4
119.7
113.2
120.5
113.9
116.6
120.1
113.2
120.9
113.6
116.9
120.5
113.4
Commodities
Nondurables
Nondurables less food
Durables 9
Commodities less food
Services
Services less rent
-
WHOLESALE PRICESd1
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities
1957-59=100
9 Foodstuffs
._
do
13 Raw industrials
... __do
All commodities ©
..
do
By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc . do
Finished goodsO
do
Consumer finished goods
do
Producer finished goods
..
do
By durability of product:
Durable goods _ _
Nondurable goods
Total manufactures
Durable manufactures. _
Nondurable manufactures
' 101. 2
108.0
111.3
109.9
' 115. 5
107.9
111.8
115 3
«• 114. 0
119.3
105.2
111 4
113 7
112.2
118 0
105.7
111 4
113 8
112.3
118 1
109.7
111 4
114 7
113.5
118.5
111.2
111 4
115 4
114.2
118.7
110.2
111.4
115.9
114.8
119.3
do
do
do
do
do
111.8
106.5
109. 5
' 112. 1
106.9
116.6
110.3
113.3
116.6
110.1
116.1
108.6
112.2
116.3
108.3
116 0
108 8
112 4
116 2
108 9
116 1
110 3
112 8
116.2
109 6
115 9
111. 2
113 2
116.0
110 6
116.1
111.3
113.5
116.1
111.0
116 5
111 1
113 6
116 4
111 0
117.1
111.1
113.9
117.0
111.0
117 9
111 2
114 6
117 9
111 4
118 4
111 9
114 9
118 3
111 6
119.0
112.4
115.3
118.8
111.9
119.6
113.4
116.1
119.4
113.0
T
.do
«• 107. 7
113.5
110.7
110 9
114.1
115.5
115.5
114 6
114.3
114 3
115 7
116.4
118.2
118.7
118.8
117.6
Farm products 9
_ _
do
Fruits and vegetables, fresh and dried-do
Grains
do
Live poultry _ _ _
do
Livestock .
do
102.2
'108.3
81 9
84.9
104.8
108.5
111.0
83 3
89.8
118 3
106.5
112.1
81 6
95 5
112 5
105 6
106.8
83 1
87 0
113 8
110.5
126.7
86 7
90 7
123 0
111.2
112.9
85 6
89.8
130 4
110.5
103.1
83 7
90.2
126 8
108 9
106.7
81 9
92 3
123 6
108.4
103.4
83.4
89.0
119.2
107 9
101.3
84 8
85 3
118 7
111 1
125.3
81 7
86 3
116 6
111.7
112.4
82 9
86.9
120 2
112.5
116.6
85 9
94.8
117.3
113.7
117.2
85.9
87.1
124.9
114.3
118.2
85.5
90.8
129.6
111.3
112.7
87.8
82.8
124.8
Foods and feeds , processed 9
Beverages and beverage materials
Cereal and bakery products
Dairy products
Fruits and vegetables, processed.
Meats, poultry, and
fish
do
do
do
do
do
do
••114. 2
' 109. 5
' 118. 1
127.7
' 114. 2
108.3
119.8
112.9
120.2
131.9
115.7
119.5
116 4
111.3
119 3
130 4
115 1
112 2
117 3
111.4
119 3
131 4
115. 4
114 0
119.4
111.8
119 4
132 5
115.7
121.0
121.4
112.4
119.7
133 0
115.6
126.5
122.0
112.6
119.9
133 0
116.6
127.5
121 5
112.6
120 1
133 0
116 8
124 5
121.3
113.1
120.4
133 4
116.6
122.9
121.6
115.0
121 2
130 7
120 2
121.8
116.0
121 9
131 2
116.3
120 5
122.6
116.1
122.0
133 9
116.4
121.9
125.1
117.4
122.3
133.9
116.9
125.8
125.2
118.3
123.3
134.1
117.3
124.9
124.9
118.4
123.7
133.1
116.5
127.1
124.9
118.8
124.6
135.1
117.5
124.9
do
109.0
112.7
112 0
112 1
112 2
112.2
112 4
112 8
113 2
113 8
114 2
114 6
115.1
115.5
115.8
116.2
100.0
92.0
97.3
95.0
102.2
122.8
100.4
92.4
97.9
94.7
107.6
122.8
106.3
133.4
103.6
135.0
100.8
107.5
145.9
103.7
136.2
101.3
Farm prod., processed foods and feeds .
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
do
98.2
"•99.6
98.4
93.3
73.9
114.6
Fuels and related prod., and power 9 _ _ do
r 102. 5
r
Coal
do
107. 1
Electric power
Jan. 1958=100-. 'T 101. 6
Gas fuels _.
do
123 9
Petroleum products, refined
1957-59= 100. . 100.3
98.3
89.8
97.7
93.8
88.7
119.2
98 0
92.3
97.9
93 6
80.4
118 7
97 9
92.1
96.7
93 7
83.7
118 7
98.1
92.1
96.9
93.8
83.3
118.7
98.3
92.1
97.0
93.8
86.8
119.2
98.2
88.6
97.7
93.8
90.5
119 2
98 7
88.4
98.2
93 8
99.3
119 2
98.9
87.4
98.2
94.0
102.1
119 2
98 6
86.3
97.6
94.0
98.9
120 3
98 9
86.7
97.8
94.2
100.5
120 3
98.8
86.7
97.8
94.6
92.8
120 3
99.1
87.6
97.9
94.5
95.0
121.7
99.5
91.4
97.7
94.6
94.3
122.0
104.6
116.2
102.7
124. 5
101.8
104.2
112 7
102.3
124 6
101.7
104.5
112 8
102.3
121 8
102.5
104.5
113 5
102.5
121 6
102.4
105.0
114.2
102.6
121 8
103.3
105.0
115 4
102.5
121 6
103.2
104.7
115 5
102.4
121 8
102.5
104.7
115 9
103.5
123 0
101.8
105.4
120 6
103.7
128 7
101.6
105.5
123 5
103.4
128 8
101.6
106.1
124 6
103.4
131 8
102.2
105.6
125.4
103.4
132 4
101.0
106.4
131.7
103.6
135.2
101.2
105.7
Furniture and household durables 9
do
106.1
105.8
•• 103. 9
105.9
r
93.0
Appliances, household
do
93.0
92.8
93.0
91.8
r
Furniture, household
do
122.3
121.3
121.5
117. 3
121 9
78.2
Home electronic equipment
do
78.5
78.6
81.0
78.1
r
Revised.
p Preliminary.
i Computed by OBE.
9 Includes data for items not
shown separately.
cfFor actual wholesale prices of individual commodities, see respective
iie!o
108.3
107.9
107.5
108.1
105.9
107.2
106.1
106.2
106.4
106.5
106.9
94.8
94.4
94.4
94.7
92.9
93.0
93.1
93.6
93.6
93.0
93.0
125.6
124.3
125.3
123 3
125.1
122.3
122 8
123 6
123 0
123 6
123 0
77.0
77.2
77.2
77.2
77.9
78.1
77.' 9
77.9
77.7
77.9
77.8
commodities.
©Monthly data corresponding to revised annuals for 1968 will be available
later.
O Goods to users, incl. raw foods and fuels.
SURVEY OF CURRENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Annual
S-9
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
COMMODITY PRICES—Continued
WHOLESALE PRICESd"—Continued
(U.S. Department of Labor Indexes—Continued)
All commodities©—Continued
Industrial commodities—Continued
Hides, skins, and leather products 9
1957-59=100.
Footwear
do__.
Hides and skins
do._.
Leather
do...
Lumber and wood products
do__.
Lumber
do._.
Machinery and equipment 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Metalworking machinery and equip
119.5
128.0
'99.9
112.6
'119.4
' 127.3
125.8
133.2
116.9
119.9
132.0
142.6
123.4
131.5
109.1
116.4
149.5
164.7
126.0
131.9
125.8
122.3
143.3
164.9
126.1
132.1
122.6
121.7
138.0
155.9
125.7
132.3
117.4
121.5
129.8
142.3
126.4
132.7
123.0
121.2
125.3
133.4
126.4
132.7
123.1
121.0
124.0
131.1
128.2
134.9
128.7
121.7
123.2
129.5
127.4
135.2
118.0
120.3
122.6
128.0
126.8
135.5
110.4
119.6
123.9
129.3
126.5
135.0
108.9
119.7
122.5
128.2
126.6
135.9
102.8
119.6
121.6
126.9
126.7
136.9
101.1
117.3
120.2
124.1
126.8
136.9
99.4
118.2
119.5
123.3
128.5
138.4
106.6
120.4
120.1
123.5
do.
do.
do.
do.
do_.
•-115.4
' 127.2
' 130.2
' 103.1
r 128.7
119.0
132.8
135.5
104.8
133.4
117.8
131.7
134.0
104.2
131.4
118.0
131.8
134.1
104.3
131.8
118.3
131.9
134.3
104.5
132.1
118.6
132.0
134.5
104.7
132.3
119.0
132.3
134.8
104.8
133.3
119.1
132.3
134.9
104.7
133.5
119.9
133.0
136.1
105.4
134.4
120.5
133.2
137.7
105.6
135.4
121.0
135.8
138.6
106.0
136.5
121.9
136.4
139.8
106.2
138.0
122.5
136.7
140.2
106.8
138.6
122.8
137.2
140.3
106.9
139.3
123.1
137.1
140.6
107.2
139.8
123.4
137.3
140.8
107.3
140.3
do.
do.
do.
do.
112.4
'95.2
' 105. 6
' 125.1
118.9
97.6
111.0
137.4
115.8
96.6
108.8
129.9
116.5
96.8
108.9
132.4
117.5
97.0
109.9
134.2
117.9
97.2
110.3
135.5
118.7
97.7
111.1
136.1
120.4
97.7
112.7
139.5
121.7
98.0
113.2
143.5
122.4
98.7
113.7
144.8
122.9
99.3
113.7
146.4
123.8
99.7
113.9
150.1
124.9
99.7
114.6
152.8
126.1
99.9
117.0
152.8
127.0
100.5
117.7
153.4
127.8
101.3
117.3
157.1
Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals
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 plastics products §
do...
Tires and tubes
do...
' 108.2
112.8
111.9
112.3
112.6
112.8
113.0
113.0
113.5
113.8
113.9
114.5
116.5
116.9
117.3
'113.3
108.1
' 106. 5
'104.9
'112.2
' 100.2
'98.7
117.0
112.2
106.4
108.2
116.6
102.1
98.2
116.0
111.2
106.2
107.4
116.1
100.9
96.3
116.7
111.3
106.2
108.0
116.4
101.2
96.3
116.8
111.6
108.7
108.1
116.7
101.1
96.3
116.9
111.6
108.7
108.3
117.0
101.2
96.3
116.9
112.3
104.9
108.4
117.1
102.5
98.4
117.0
112.4
103.2
108.7
117.2
103.0
99.2
117.5
113.2
106.1
108.8
116.5
102.7
99.2
117.8
113.5
105.9
109.0
116.5
103.5
100.6
118.5
113.6
109.8
109.3
117.0
104.4
101.7
118.5
114.2
104.3
109.5
117.4
104.5
101.7
119.4
115.9
107.3
111.1
120.3
104.7
101.7
119.4
116.4
108.3
111.8
121.5
104.6
101.7
119.8
117.0
107.0
112.1
121.6
104.4
101.7
120.9
117.2
105.6
112.5
121.6
104.2
101.7
Textile products and apparel 9
Apparel
Cotton products
Manmade fiber textile products
Silk yarns
Wool products
' 105. 8
' 110. 6
' 105. 2
90.8
183.0
103.7
108.0
114.5
105.2
92.2
169.7
104.6
107.1
112.8
104.6
92.1
155.0
104.2
107.1
113.0
104.5
92.4
155.4
104.3
106.9
112.9
104.6
92.6
157.9
104.3
107.2
113.3
104.5
92.7
164.6
105.0
107.7
113.9
105.3
92.6
168.2
105.0
108.7
115.8
105.7
92.7
177.1
104.8
109.0
116.2
105.9
92.1
181.2
105.0
109.1
116.5
105.8
91.6
183.9
104.5
109.2
116.7
106.0
91.5
184.6
104.6
109.2
116.9
106.1
91.1
191.1
104.3
109.5
117.2
106.1
91.5
193.5
104.3
109.4
117.5
106.1
91.0
196.3
104.3
109.5
117.9
105.8
90.4
194.2
104.4
109.3
117.9
105.8
89.9
201.3
104.0
' 105.1
'111.7
108.3
115.2
100.7
107.0
114.7
111.3
120.8
100.0
106.3
112.5
110.5
116.7
100.1
106.4
112.7
110.8
116.9
100.2
106.5
112.8
110.7
117.0
100.3
106.6
115.1
110.9
123.2
100.4
106.6
115.5
111.2
123.4
99.9
106.0
115.9
111.8
123.5
100.0
106.1
116.4
112.1
123.8
102.3
108.7
116.7
112.3
123.8
102.7
109.0
117.0
112.8
124.0
102.7
109.0
117.0
112.7
124.0
102.9
109.1
117.4
114.1
124.0
102.9
109.1
117.5
114.2
124.0
103.2
109.4
117.8
115.3
124.1
103.1
109.3
117.8
115.0
124.1
• $0.919
.825
.783
$0.895
.796
$0.894
.791
$0.887
.789
$0.883
.784
.780
$0.882
.777
$0.880
.774
$0.877
.770
$0.872
.767
.762
$0.862
.759
$0.859
.755
$0. 858
.751
6,441
do.
do.
do.
do.
do..
do.
Transportation equipment 9---Dec. 1968=100.
Motor vehicles and equip.*.
1957-59 = 100.
Miscellaneous products9
do...
Toys, sporting goods, etc
do
Tobacco products
do...
PURCHASING POWER OF THE DOLLAR
As measured by—
Wholesale prices
Consumer prices
1957-59=$!. 00.
do...
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
New construction (unadjusted), total
Private, total 9
Residential (nonfarm)
New housing units
mil $
84 690
91 048
6 509
7 310
7 955
8,384
8 476
8,509
8,610
8,259
7,947
7,004 ' 6, 035 ' 5, 825
do
do
do
56 996
28, 823
22 423
62 988
30' 785
23 689
4 423
2 195
1 729
4 947
2 540
1 916
5 394
2 810
2 076
5 693
2 962
2 243
5 840
2 969
2 267
5 837
2 875
2 186
5,929
2,773
2 124
5,857
2,697
2,082
5,563
2,562
1 984
4,434
5,152 ' 4, 261 ' 4, 040
2,329 r 1, 905 ' 1, 692 1,874
1 797 1,495 '1 299 1,450
18 800
5 594
22 033
6 373
10 136
1 519
466
685
1 625
471
720
1 742
503
783
1 829
'535
850
1 946
562
908
2 013
558
936
2 200
621
1 033
2 169
613
1 025
2 076
569
982
1 942
575
889
Nonresidential buildings, except farm and public utilities, total 9 _
mil $
Industrial
_
do
Commercial..
_
do
Public utilities:
Telephone and telegraph
do
8 333
1,623 ' 1, 627
438
'415
750
' 763
1,764
467
817
1 704
2 172
162
166
173
183
186
190
204
222
200
226
155
do
27 694
28 060
2 086
2 363
2 561
2 691
2 636
2 672
2 681
2 402
2 384
1 852
1 774
Buildings (excluding military) 9
Housing and redevelopment
Industrial..
do
do
do
10 445
746
517
11, 226
1 047
512
954
118
40
1 008
111
46
1,062
85
54
1 067
60
61
996
75
30
940
73
44
970
89
37
868
82
42
921
95
36
780
80
41
800
78
41
Military facilities
._
Highways and streets. .
do
do
824
9 295
945
9 276
72
539
89
696
84
821
88
917
67
950
83
1 064
95
1 023
88
892
76
822
73
600
61
483
91 7
92 8
92 4
91 5
90 8
89 8
91 2
91 3
89 8
90 2
r
90.7
90.2
62 8
63 0
63 7
63 0
63 1
62 4
63 8
64 3
62 8
62 4
"•61 8
'62 1
62.2
32 4
33 0
33 0
31 6
30 3
29.2
29 3
30.0
29 8
29 5
27.8
'27.4
27.7
20 6
60
98
20.2
59
9.1
20.6
59
9.3
21.2
60
10.0
22.4
64
10.4
22.7
6.4
10.3
23.8
67
11. 1
23.7
6.9
10.9
22.8
66
10.2
22.6
6 4
10 3
23.3
6.4
11.0
'24.0
'6.0
'11.7
23.8
6.0
11.5
r
28 0
Public, total 9
New construction (seasonally adjusted at annual
rates), total
bil. $
Private, total 9
do
Residential (nonfarm)
do
Nonresidential buildings, except farm and public utilities, total 9
bil. $
Industrial
do
Commercial
do
Public utilities:
Telephone and telegraph..
.
do
Public, total 9
Buildings (excluding military) 9
Housing and redevelopment
Industrial
Military facilities
Highways and streets
' Revised.
* Preliminary.
cTSee corresponding note on p. S-8.
data for items not shown separately.
do
-do
do ...
do
do
do
89. 9
19
2 0
21
2 0
22
22
24
2.5
2 2
2 5
2 4
29 0
29 7
28 7
28 4
27 6
27 5
27 4
27 1
27 0
27 8
'28 1
12 2
14
5
10
12 7
1.4
5
12
9.1
12.2
1.2
g
10
8.9
8.9
0See corresponding note on p. S-8.
9 Includes
r
1 785
2,007
35
54
T
28 6
10.5
10 9
10 6
11 4
11.0
10 5
.7
1.0
.8
.8
.9
10
6
4
6
5
4
5
4
5
5
g
9
9
9
9
9
g
.9
10
9.3
8.9
8.8
8.9
9.3
9.6
§ Beginning Jan. 1970, retitled to read "rubber and plastics products" to cover the direct
pricing of plastic construction products; continuity of the group index is not affected.
S-10
SURVEY OF CURRENT BUSINESS
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriotive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
|
1969
1969
Mar.
Annual
May 1970
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
6,140
Apr.
CONSTRUCTION AND REAL ESTATE— Continued
CONSTRUCTION
CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Division, McGraw-Hill):
Valuation total
mil. $ i 61, 732
Index (mo. data seas, adj.)
67, 827
5,003
5,895
7,081
6,443
6,298
6, 523
5,140
6,240
4,406
5,228
4,928
5,249
2173
193
177
183
210
186
180
216
173
195
178
218
205
215
208
mil $
do
1 19, 597
i 42, 135
22, 858
44, 969
1,632
3,371
1,791
4,104
2,536
4,545
2,326
4,118
2, 352
3,947
2, 605
3, 918
1,719
3,420
1,626
4,615
1,427
2,980
1,727
3,501
1,433
3,495
1,652
3,597
2,069
4,071
do
do
do
i 22, 513
124,838
U4,382
26, 085
25, 590
16, 152
1,772
1,957
1,274
2,136
2,546
1,213
2,680
2,620
1,780
2,357
2,548
1,538
2,402
2,296
1,600
2, 460
2, 394
1, 669
2,013
1,952
1,175
2,502
2,290
1,449
1,566
1,675
1,165
2,168
1,744
1, 317
2,252
1,475
1,201
2,269
1,482
1,498
2,191
1,974
1,975
do
52, 419
57, 164
4,690
3,738
4,572
4,267
4,368
4, 167
3,858
7,124
6,878
5,486
5,655
4,092
4,989
'1,545.5 '1,499.9
••1,116.1 '1,096.8
1, 507. 7 1, 466. 8
810.6
899.5
135.6
102.0
131.9
71.9
159.9
117.8
159.0
85.0
157.7
114.5
155.5
91.3
150.8
109.1
147.3
82.7
126.5
91.0
125.2
73.5
127. 6
91.4
124. 9
69.5
132.9
93.9
129.3
71.5
125.8
91.2
123.4
68.0
97.4
68.1
94.6
55.1
85.3
63.7
84.1
42.8
69.2
51.8
66.4
33.4
'77.0
55.6
'74.3
'41.4
117.0
125.6
' 113. 9
'61.2
123.8
73.2
' 1, 280 ' 1, 402
'762
'776
1,059
577
' 1, 306
'725
' 1, 384
'702
1,181
693
1,249
612
_ 1957-59 =100..
Public ownership
Private ownership
By type of building:
Nonresidential
Residential
Non-building construction
New construction planning
(Engineering News- Record) O
5,857
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total (private and public)
Inside SMSA's
Privately owned _ _
One-family structures
thous
do
. do._
do
Seasonally adjusted at annual rates:
Total privately owned
One-family structures
do
do
1,588
824
New private housing units authorized by building
permits (13,000 permit-issuing places) :
Seasonally adjusted at annual rates:
Total
thous..
One-family structures
do
' 1, 505 ' 1, 533 ' 1, 507 ' 1, 429
'877
'803
'826
797
' 1, 376 ' 1, 481 '1,390
'766
'752
'828
'695
1,300
'617
1,421
670
1,502
659
1,323
632
1,340
631
1,228
570
1,245
570
1,201
565
1,183
574
1,191
596
1,239
639
1,013
469
1,137
562
' 1, 099
'552
146
r I, 353
CONSTRUCTION COST INDEXES
Dept of Commerce composite
1957-59—100
131
142
138
139
139
141
143
143
143
143
144
145
145
146
American Appraisal Co., The:
Average, 30 cities
Atlanta .
New York
San Francisco
St. Louis
1913—100
do
do
do
do
970
1,072
1,070
966
953
1,050
1,158
1,116
1,054
1,021
1,032
1,151
1,117
1,057
996
1,034
1,154
1,116
1,047
1,001
1,040
1,148
1,109
1,048
997
1,046
1,137
1,104
1,032
1,019
1,059
1,161
1,106
1,062
1,019
1, 061
1,176
1,105
1,062
1,035
1,065
1,179
1,106
1,063
1,054
1,069
1,177
1,133
1,063
1,053
1,073
1,178
1,136
1,066
1,054
1,076
1,178
1,136
1,061
1,054
1,082
1,210
"1, 169
1,061
1,060
1,084
1,214
1,171
1,060
1,065
139
150
Associated General Contractors of America, Inc.,
The (building only) .
1957-59=100
146
147
148
151
153
153
153
153
153
154
155
155
156
E. H. Boeckh and Associates, Inc.: 1
Average, 20 cities:
All types combined
1957-59 = 100_ .
Apartments, hotels, office buildings
do
~"i39.~<T "~15f.~8~
149.1
Commercial and factory buildings
do
139.1
Residences
do
148.0
136.7
147.5
149.2
146.9
146.4
146.9
148.4
146.2
146.3
147.3
149.0
146.5
146.7
149.7
151.5
148.9
149.0
150.8
153.0
150.3
148.9
151.9
154.5
151.0
150.4
151.8
154.4
151.0
149.8
152.4
155.1
152.1
149.3
153.1
156.0
152.5
150.1
153.7
156.4
153.2
151.0
154.5
156.7
154.2
151.6
154.8
157.1
154.5
152.1
155.6
158.0
155.5
152.3
Engineering News-Record:
Building
Construction
149.9
164.3
150.1
165.6
151.5
169.1
150.3
168.8
151.6
170.0
151.0
169.1
151.3
171.0
151.9
171.7
152.2
171.8
152.2
172.2
152.0
172.5
152.2
173.0
. do
do
Bu. of Public Roads— Highway construction:
Composite (avg. for year or qtr. ) . _ _ 1957-59 =100. _
157
3 154. 2
3 174. 9
136.8
151.9
149.9
167.2
147 9
162.9
121.6
132.3
123.5
166.0
166.0
170.5
176.4
178.8
175.9
181.0
168.9
177.0
165.6
170.6
177.3
170.1
154.7
172.1
165.0
' 181. 0
' 159. 7
147.6
154.4
147.0
171.1
171.1
168.2
198.1
' 167. 7
164.5
204.2
178.5
178.3
156.2
181.0
179.8
207.3
186.4
175.3
236.0
180.9
161.6
245.4
171.0
157.2
253.4
169.0
156.6
257. 2
166.3
166.8
259.9
176.1
178.6
260.7
153.0
147.2
184.2
'158.7
' 149. 9
155.4
151.1
102.0
166.8
184.9
15.9
16.6
15.3
15.9
15.1
14.4
16.5
19.8
14.6
14.9
16.5
20.0
26.5
162
169
169
178
176
169
193
224
230
210
251
250
258
282
11.4
'130
13.6
'142
13.0
r 152
11.1
'128
11.4
' 127
11.5
' 177
10.1
147
9.4
141
10.7
142
13.5
142
12.8
134
595. 38
657. 56
630. 40
714. 28
595. 83
610. 47
501. 86
581. 88
561. 43
232. 58
130.3
137.2
138.7
136.3
CONSTRUCTION MATERIALS
Output index: J
Composite, unadjusted 9
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:
FHA net applications}: _.
-thous. units. .
Seasonally adjusted annual ratest
Requests for VA appraisals
Seasonally adjusted annual ratesj
do
._. do ..
do
Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount
mil. $
Vet. Adm.: Face amount§
do
_
12.2
'127
491. 60
541. 22
519. 70
560. 12
301.30
323. 09
308. 13
355.55
384. 56
363. 55
397. 44
328. 54
317. 14
310. 21
235. 24
257. 74
5,259
9,289
5,331
5,764
5,971
6,413
7,053
7,544
7,940
8,439
8,802
9,289
9,852
9,937
9,745
21, 983
21, 832
1,870
2,073
2,146
2,415
1,974
1,918
1,728
1,698
1,330
1,508
1,064
1,042
1,253
4,916
11,215
5,852
4,756
11, 244
5,832
440
896
534
485
1,023
565
482
1,113
551
495
1,345
575
421
1,091
462
393
1,089
436
377
936
415
365
862
471
286
652
392
300
687
521
220
530
314
223
502
317
290
576
387
110,404
96, 124
8,443
8,305
8,474
8,108
7,503
7,362
7,812
8,594
7,306
8,422
mil. $.. 1, 829. 92 1, 952. 02
173. 91
169.91
157. 52
164. 57
148. 21
172. 14
154. 89
156. 54
146. 32
179. 43
184. 03
206.89
196.68
number
' Revised.
1 Annual total reflects revisions not distributed to months.
2 Computed
from cumulative valuation total.
3 index as of May 1,1970; Building, 156.4; construction,
©Data for May, July, and Oct. 1969 and Jan. and Apr. 1970 are for 5 weeks; other months,
weeks.
Digitized 4for
FRASER
712. 12
329. 04
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
Fire losses (on bldgs., contents, etc.)
6, 495. 94 7, 120. 63
12.2
'135
11.5
' 124
3, 773. 88 4, 073. 86
Federal Home Loan Banks, outstanding advances
to member Institutions, end of period
mil. $..
Foreclosures
131.7
138.2
27.7
ICopyrighted data; see last paragraph of headnote, p. S-l.
^Revisions for 1961-68 for FHA applications and for 1961-Feb. 1969 for requests for VA
appraisals (seas. adj. annual rates) will be shown later. Revisions for 1964-68 for construction
materials output indexes appear in the Dec. 1969 issue of Construction Review (BDSA).
9 Includes data for items not shown separately.
§ Data include guaranteed direct loans sold.
SURVEY OF CURRENT BUSINESS
May 1970
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
Ammal
S-ll
1969
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
DOMESTIC TRADE
ADVERTISING
Television advertising:
Network (major national networks) :
Net time costs total
Automotive, incl. accessories
Drugs and toiletries _
Foods, soft drinks, confectionery
Soaps, cleansers, etc
Smoking materials
Allother
..
_mil. $
do._.
.do
do
do
do
do._.
1,550.0
125.9
437.0
293.3
144.9
156.8
392.1
1, 698. 8
135.1
496.8
314.4
157.5
175.0
420.0
436 4
35.6
131.9
87.2
41.8
47 2
92.7
Magazlne advertising (general and natl. farm magazines) :
Cost, total
..mil. $.
Apparel and accessories
do
Automotive, incl. accessories
do
Building materials
_
do
Drugs and toiletries
..
do
Foods, soft drinks, confectionery
do.__
1, 196. 1
63.5
112.6
32.3
144.4
106.3
1, 245. 3
60.6
114.4
26.5
158.7
101.5
108 6
7.0
11 3
29
12 1
9.3
122.2
7.9
11.3
3.7
13.8
9.7
125.7
5.3
11 2
4.1
15.4
8.8
98.8
2.4
93
2.7
14.4
8.6
71.4
1.0
53
.1
10.9
7.7
73 4
61
44
14
11 3
58
113 4
9 4
90
27
14 6
8.2
133 3
6.2
17 1
2 8
14.6
9.4
133.9
5.6
13 2
16
15.8
11.3
106 7
3.9
66
10
15.4
8.1
69.9
1.8
54
.8
9.1
5.0
88 7
35
78
14
12 4
8.3
Beer, wine, liquors
do
Household equip., supplies, furnishings.. do. _.
Industrial materials
do
Soaps, cleansers, etc
do.__
Smoking materials
do
Allother
.
do...
95.6
75.7
56.7
22.2
43.2
443.6
101.8
76.5
60.0
15.7
48.2
481.4
73
6.9
48
17
36
41 6
8.5
8.4
4.6
2.2
4 3
47.6
9.5
10.5
73
1.7
41
47 8
9.2
6.4
5.6
1.2
38
35.2
6.7
4.4
4 5
g
36
26 4
47
3.2
4 Q
7.4
7.0
60
1i
4 3
43 6
11 3
10.2
56
14
4 3
50 5
12 8
8.9
60
15
4 9
52 3
16.6
4.7
37
.9
50
40.9
3.6
3.1
31
9
39
33 5
52
3.6
37
8
45
37 4
lines. 3, 381. 1
do...
923.7
do
2, 457. 3
do
171.0
do...
72.8
do. __
296.1
do
1, 917. 4
3, 575. 1
1, 017. 1
2, 558. 0
173.3
81.7
300.1
2, 003. 0
304 7
89 7
215 0
15 0
70
27 3
165 7
299 7
87.7
212.0
16 1
78
26 6
161 4
326 6
95 7
230 9
17 9
61
29 7
177 1
303 1
89 8
213.2
15 7
78
25 5
164 3
273 3
83 7
189 6
14 7
82
IQ q
147 t\
iae n
293 9
86 1
207 8
16 7
61
25 1
159 9
326 3
89 0
237 3
14 7
7 3
30 6
184 8
339 6
83 4
256 2
13 7
59
31 7
204 9
307.2
66.9
240.3
98
70
21 7
201 7
247 6
72 9
174 7
10 3
96
17 8
137 0
241 4
70 2
171.3
11 5
58
20 7
133 2
236, 708
109 578
127, 130
19,158
ft 070
10 280
19,912
9 /IRQ
10 423
20, 150
20,036
9 KX.Q
10 485
20,008
9, 355
20,036
9,294
20,638
9 R7P
11 063
21, 935
19,720
10 730
11 799
10 828
20,703
9 04.0
11 664
10 485
22, 487
13, 245
9,242
24,365
14, 376
9 939
23, 116
13 723
9 393
23,349
14 031
9 318
23,348
14 060
9 288
23,500
14 227
9 273
23, 349
14 172
23,495
Q 177
14 9fi9
000
23,669
14 138
9 531
24, 229
14 321
9 909
24,288
14273
10 015
24,365
14 376
9 989
24, 537 rr 24, 746
14 432 r!4 622
10 105 !0 125
mil. $.. 0339 324
do
110 245
do
65 261
do
60, 660
do
351 633
112 779
66 911
62,048
4000
27 920
9 222
5 707
5,339
28781
9 742
5 924
5,500
30 812
10 259
6 200
5,750
29 625
10 207
6 152
5,695
29 026
90 494
A1R
f OQQ
5,171
445
4,687
411
28 583
9 364
5 481
5,103
30 645
10 055
6 088
5,673
29839
9 107
5 378
4,968
35963
9 799
5 072
4,613
r
27 051 25 437 28 652
7 gio r i 874 o Q(\a
K AK1
4 664 r 4 796
4,325 r 4, 489
5,073
qfl7
378
16, 719
10 439
5 223
14, 562
11, 278
1,281
1,386
838
902
372
412
1 271 1 344
980
1,033
oil
291
19 039 20 553
1 642 1 662
368
391
626
642
282
286
1,417
899
446
1 370
1,073
297
19 418
1 550
375
574
289
1,383
859
454
1 345
1,048
1,360
1,401
855
441
1 279
1,018
1,434
889
446
1 309
1,037
1,436
891
456
1 142
879
1,847
1 046
632
1 186
818
931
2,073
5,984
5,590
2,070
Newspaper advertising linage (52 cities) : ©
Total
_
___mil.
Classified
Display, total
Automotive
Financial
General
_
_
Retail
381.0
27.5
104.3
70.9
38.0
38.5
101.7
537.6
50.6
157.6
89.9
38.4
54.2
147.0
343 8
21.3
103.1
66.4
39.4
35.0
78.6
0
3 f
97 q
OQJ
q
Q9 9
m
U
4
o
n
f»
18.2
109
6
10
2
13
9
8
2
7
4
4
3
7 8
5.6
35
19
4 6
44 5
289
80
208
13
6
23
165
0
2
8
1
8
8
2
WHOLESALE TRADE
Merchant wholesalers sales (unadj.), total, mil. $_. 219, 943
Durable goods establishments
do
100 012
Nondurable goods establishments.. .
do._ _ 119, 930
Merchant wholesalers inventories, book value,
end of year or month (unadj.), total
mil. $__
Durable goods establishments..
do
Nondurable goods establishments
do
10 fi^°.
9
0 QQ9
18, 813 '18,505
r ft qoq
r
!0 112
20, 607
9,353
n
9*%q
24, 796
14 747
m O4Q
RETAIL TRADE
All retail stores:
Estimated sales (unadj.), total
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tire battery accessory dealers
Furniture and appliance group?
Furniture, homefurnishings stores
Household appliance, TV, radio
Lumber, building, hardware group
Lumber, bldg. materials dealerscf
Hardware stores _ .
Nondurable goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
do
do
do
do
do
do.
do
do
do
do
do
229 079
19 265
4 516
7,429
3, 196
238 854
20 158
4 761
7,606
3,505
1,291
842
372
1 098
866
232
18 698
1 528
330
600
265
do
11, 458
do
25, 285
do. __ -72, 881
do
°67, 925
do
24, 526
11, 863
25,849
75, 866
70,955
25, 116
932
2,000
6,160
5,766
2,053
16, 540
10 227
5 235
10, 984
q 904
A<)A
9
5
AQR
QRA
417
1 312
1,033
IQ cqn
^71
9ft 47fi
330
561
262
qcn
951
2,307
6,147
5,733
2,184
9fi1
979
9«q
AKQ
qco
605
337
19 219
1 642
354
626
328
20 590
1 747
403
672
307
20 732
1 709
446
666
300
26 164
2 5300
745
1,025
444
961
2,336
6,418
5,992
2,223
992
2,430
6,666
6,234
2,210
969
2,199
6,125
5,712
2,060
986
2,255
6,593
6,168
2,119
966
2,121
6,331
5,922
2,053
1,347
2,120
6,800
6,351
2,131
4,247
4,508
4,938
5,649
8,636
do
do
do
do
2,632
282
464
550
28881
9,377
5,518
5,099
419
2,778
268
512
563
29 409
9,575
5,572
5,145
427
2,966
258
533
627
29386
9,481
5,516
5,102
414
2,862
244
514
596
29 371
9,545
5,634
5,220
414
4, 060
2,775
245
506
632
29 090
9,141
5,419
5 Oil
408
4,479
3,064
270
546
639
29 346
9,161
5,412
5 013
399
2,877
274
492
577
29259
9,384
5,665
5,272
393
3,126
338
538
611
29 620
9,354
5,638
5,238
400
5, 128
3,515
408
590'
639
29 471
9,229
5,565
5,170
395
8,063
5,572
507
1,088
875
29 419
9 275
5 453
5 086
367
Furniture and appliance group 9
..do
Furniture, homefurnishings stores
do
Household appliance, TV, radio. ...do
Lumber, building, hardware group _ do
Lumber, bldg. materials dealers d*
do
Hardware stores
do
1,409
922
400
1,261
992
269
1,433
903
436
1,261
974
287
1,436
902
455
1,224
943
281
1,459
895
478
1,234
951
283
1 380 1 352
852
841
445
424
1,190
1,185
905
899
280
291
1,364
847
417
1,190
925
265
1,358
825
436
1,173
906
267
1 332
838
423
1,168
909
259
1 399
855
439
1 180
916
264
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
General merchandise
stores 9
group
with nonmil. $
stores 9 §
Variety stores
Liquor stores
Estimated sales (seas, adj.), total ._
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers
mil. $
do
do
do
KA
AQ1
4Q 9Q"*
rq fioo
33, 323
3,256
6,152
6,969
36,411
3,519
6,548
7,403
1,002
2,273
6,704
6,284
2,185
'Revised.
« Monthly revisions for Jan.-Nov. 1968 (unadj. and seas. adj. data) appear
in the Census Bureau Monthly Retail Trade Report, Dec, 1969 issue.
© Source: Media Records, Inc., 52-City Newspaper Advertising Trend Chart.
9 Includes data for items not shown separately.
1
' 1, 217
r 752
r 370
1,327
792
428
871
672
r 896
••712
r 1ft4
1OQ
r
1,295
799
393
1 030
827
19 241 !7 563
1 4.19 r 1 941
r 292
368
'483
524
r
214
239
IQ 74fi
'950
'6,040
' 5, 649
'1,917
1,007
2,123
6 472
6,031
2,095
3,969
' 3, 719
4,592
3,546
2,409
234
414
613
29 570
'3,280
' 2, 181
'256
'409
'537
4,128
2,773
312
523
577
1,018
2,026
6,816
6,407
2,079
r 1, 945
qqn
587
321
r 9Q QftH
8 886 r 9 143
5,114 r 5 325
4 701 r 4 901
413
424
9 121
5 345
4 911
434
1 457 ' 1 422 1 423
r 892
885
*865
465
' 426
431
1,143 ' 1 205 1 167
r 949
897
926
246
'256
241
c?"Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical
stores.
§ Except department stores mail order.
SURVEY OF CURRENT BUSINESS
S-12
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
May 1970
1970
1969
1969
Mar.
Annual
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated sales (seas, adj.)— Continued
Nondurable goods stores 9
Men's and boys' wear stores
Women's apparel accessory stores
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
mil. $
do
do
do
do
- do
do
do
General merchandise group with nonstores 9
mil. $
General merchandise group without nonstores 9 §
mil $
Department stores
do
M!ail order houses (dept store mdse )do
Variety stores
do
Liquor stores
do
Estimated inventories, end of year or month:
Book value (unadjusted), total
mil. $
Durable goods stores 9
do
Automotive group _ _ _
..
do
Furniture and appliance group
do
Lumber, building, hardware group. _do
19,834
1,746
414
649
266
19,905
1,665
399
633
266
19, 826
1,660
375
640
296
19,949
1,700
375
658
306
20,185
1,738
400
653
332
19,875
1,676
388
645
316
20, 266
1,719
401
652
314
20,242
1,677
406
627
305
20, 144
1,681
397
603
335
960
2,107
6,249
5,848
2,132
963
2,133
6,211
5,806
2,106
996
2,186
6,312
5,906
2,119
975
2,191
6,278
5,868
2,086
994
2,110
6,275
5,863
2,080
1,013
2,150
6,429
6,006
2,075
1,019
2,173
6,326
5,907
2,089
1,007
2,219
6,450
6,035
2,090
1,004
2,233
6,429
6,012
2,078
1,000
2,137
6,436
6,026
2,097
1,038
2,209
6,674
6,239
2,184
20, 684 ^20,837 20, 613
1,616 ' 1, 735 1,612
391
'420
382
'650
608
591
273
'296
273
'
'
'
'
'
1, 034
2, 270
6, 655
6, 221
2, 183
4,637
4,920
4,844
4,857
5,019
5,000
4,864
5,000
4,987
4,998
5,061
' 5, 114
4,977
4,211
2,895
296
517
601
4,468
3,080
294
558
619
4,397
3,011
285
546
615
4,398
2,991
294
552
627
4,556
3,143
287
560
642
4,524
3,117
285
554
640
4,362
2,988
281
526
617
4,486
3,065
302
553
618
4,475
3,083
294
550
614
4,554
3,113
310
553
594
4,603
3,108
330
574
649
' 4, 612
' 3, 129
'338
'560
'633
4,501
3,044
323
557
644
44,247
19,956
9,710
3,130
2,773
43, 744
20, 326
9,774
3,105
3,005
44, 237
20, 548
9,938
3,127
3,046
43, 948
20, 132
9,643
3,075
3,012
43, 753
20, 149
9,735
3,036
2,980
43, 688
19, 802
9,425
3,075
2,902
43, 015
18, 516
8,051
3,105
2,878
44, 284
18, 995
8,569
3,124
2,856
45, 849
19, 508
8, 966
3,210
2,837
46, 969
20, 036
9,385
3,311
2,832
44, 247
19, 956
9,710
3,130
2,773
43,629
19,897
9,706
3,032
2,756
44, 871
20, 391
9,868
3,088
2,760
45, 987
20, 811
10, 170
3,124
2,819
Nondurable goods stores 9
do
Apparel group
do_ __
Food group
do
General merchandise group with nonstores
mil. $
Department stores
__do_ __
22,500
4,536
4,511
24, 291
4,891
4,822
23, 418
4,899
4,578
23, 689
4,925
4,575
23, 816
4,902
4,627
23, 604
4,826
4,627
23, 886
4,873
4,624
24, 499
5, 204
4,620
25, 289
5,344
4,676
26, 341
5,387
4,794
26, 933
5,511
4,896
24, 291
4,891
4,822
23,732
4,701
4,676
24, 480
4, 894
4,784
25, 176
5,074
4,835
9,237
5,286
10, 105
5,771
9,783
5, 615
10, 013
5,752
10, 141
5,782
9,982
5,686
10, 194
5,824
10, 431
5,979
10, 946
6,284
11, 735
6,787
11,952
6,962
10, 105
5,771
9,962
5,602
10, 324
5,772
10, 755
6,089
Book value (seas, adj.), total
do
Durable goods stores 9
do
Automotive group
_ do __
Furniture and appliance group
do
Lumber, building, hardware group._.do
42, 657
19, 461
8,919
3,139
2,898
45, 838
20, 597
9,888
3,244
2,874
43,004
19, 542
9,008
3,146
2,955
43, 118
19, 567
9,084
3,102
2,966
43, 025
19, 044
8,711
3,042
2, 924
43, 438
19, 365
9,047
3,015
2,927
43, 874
19, 358
9,011
3,078
2,908
44, 322
19, 756
9,394
3,108
2, 898
44, 806
20, 079
9,738
3,072
2,867
45, 378
20, 564
10, 154
3,113
2,851
45, 537
20, 602
10, 146
3,165
2,841
45,838
20, 597
9,888
3,244
2,874
45,270
20,103
9,548
3,182
2,790
45, 337
19, 936
9,266
3,177
2,771
45, 525
20, 022
9,434
3,162
2,756
Nondurable goods stores 9
do
Apparel group
..do. .
Food group
_.
__do_ __
General merchandise group with nonstores
mil. $
Department stores. _
do. _ _
23, 196
4,760
4,493
25, 241
5,132
4,803
23, 462
4,909
4,569
23, 551
4,910
4,552
23, 981
4,972
4,641
24, 073
5,038
4,646
24, 516
5,092
4,694
24, 566
5,097
4,695
24, 727
5,037
4,704
24, 814
4,970
4,686
24, 935
5,028
4,795
25, 241
5,132
4,803
25,167
5,131
4,744
25, 401
5,093
4,832
25, 503
5,193
4, 825
9,806
5,576
10,829
6,139
9, 859
5,683
9,975
5,735
10, 275
5, 876
10, 274
5,904
10, 488
6,029
10, 483
6,027
10, 525
6,025
10, 633
6,060
10, 632
6,075
10, 829
6,139
10,850
6,162
10, 925
6,153
10, 991
6,239
"94,194
103,070
7,883
8,093
8,755
8,198
8,249
8,786
8,274
9,041
9,258
12, 541
8,112
' 7, 316
8,460
5,186
767
1,837
1,335
3,373
2,122
1,303
5,921
905
2,090
1,598
3,777
2,487
1,354
441
57
158
117
279
194
89
479
63
167
120
283
212
114
468
66
169
127
315
212
128
462
68
159
136
293
218
129
412
53
150
113
311
210
123
503
65
176
149
328
224
115
505
70
178
155
315
229
113
531
85
192
139
318
231
115
556
110
191
144
320
208
112
906
163
314
237
489
205
143
387
73
131
101
322
203
88
'352
'58
'120
'97
'294
'193
'85
514
68
166
160
330
208
100
38, 395
41,997
3,028
3,243
3,401
3, 282
3,251
3,532
3,320
3,636
4,045
6,340
2,808 '2,624
3,289
35, 708
26, 184
4,821
39, 222
28,934
5,232
2,823
2,074
373
3,017
2,211
416
3,163
2,346
428
3,052
2,275
410
3,028
2,238
401
3,315
2,471
432
3,084
2,292
390
3,379
2,478
429
3,783
2,786
477
6,027
4,424
875
2,613
1,921
326
' 2, 406
' 1, 746
'321
3,053
2,225
411
34, 295
1,736
37, 163
1,816
3,045
135
2,876
163
3,303
171
2,903
180
3,072
173
3,244
147
2,955
134
3,303
159
3,148
146
3,409
171
3,511
112
' 3, 028
'103
3,196
130
8,305
8,555
8,482
8,551
8,693
8,718
8,578
8,822
8,739
8,902
9,038
' 9, 078
8,949
443
65
159
106
291
194
502
70
177
114
298
214
462
67
163
122
320
205
487
68
171
138
299
206
505
67
181
140
327
202
519
78
181
150
337
215
514
80
182
150
341
226
514
79
183
142
332
228
515
93
177
147
326
216
523
85
177
158
314
207
487
82
173
125
349
215
'521
'85
'175
'140
'339
'217
485
76
163
128
342
207
3,330
3,556
3,452
3,407
3,603
3,553
3,432
3,559
3,519
3,695
3,646
' 3, 698
3,587
3,109
2,297
412
3,325
2,440
449
3,220
2,367
439
3,168
2,326
439
3,379
2,501
450
3,338
2,493
439
3,199
2,360
418
3,316
2,432
440
3,264
2,406
437
3,447
2,556
442
3,428
2,498
460
' 3, 442
' 2, 534
'448
3,342
2,459
439
3,060
152
2,988
160
3,039
154
3,088
164
3,094
162
3,146
146
3,120
143
3,197
158
3,199
142
3,213
131
3,344
136
'3,306
'140
3,336
150
- - __do
Apparel group 9
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
._
Drug and proprietary stores. .
Eating and drinking places
Furniture and appliance group
do
__do
do
do. _ _
. d o __
do
do
General merchandise group with nonstores 9
mil. $
General merchandise group without nonstores §
mil. $
Dept. stores, excl. mail order sales
do
Variety stores
do
Grocery stores _ .
Tire, battery, accessory dealers
do
do
Estimated sales (seas, adj.), total 9
do
0
Apparel group 9
do
Men's and boys' wear stores . ... do __
Women's apparel, accessory stores
do
Shoe stores
_ _ __do
Drug and proprietary stores
do
Eating and drinking places
do
General merchandise group with nonstores 9 ..
mil. $
General merchandise group without nonstores§
mil. $ _
Dept. stores, excl. mail order sales
do
Variety stores. _
do
Grocery stores.
Tire, battery, accessory dealers
do
do
All retail stores, accounts receivable, end of yr. or mo.:
Total (unadjusted). __
mil. $
Durable goods stores
.
do
Nondurable goods stores
do
Charge accounts.. ._
do
Installment accounts
_
do
Total (seasonally adjusted)
Durable goods stores
Nondurable goods stores
Ch arge accounts
Installment accounts
Revised.
.
.
do
do
do
do
do
° See corresponding note on p. S-ll.
20, 630
7,140
13, 490
8,677
11,953
21, 490
7,174
14,316
8,648
12, 842
19, 230
6,732
12, 498
8,058
11,172
19,427
6,865
12, 562
8,257
11,170
19, 734
6,964
12, 770
8,459
11, 275
19, 806
7,189
12, 617
8,423
11, 383
19,566
7,151
12,415
8,223
11,343
19,634
7,122
12, 512
8,228
11,406
19, 734
7,134
12, 600
8,260
11,474
19, 853
7,159
12, 694
8,326
11, 527
20, 143
7,082
13, 061
8,312
11,831
21,490 '20,594 20, 229
7,174 r ' 6, 802
6,776
14, 316 13, 792 13, <53
'
8,
142
8,043
8,648
12, 842 '12,452 12, 186
19, 378
6,941
12,437
8,317
11,061
20, 140
6,976
13, 164
8,280
11, 860
19, 665
7,040
12, 625
8,388
11, 277
19, 746
7,096
12, 650
8,368
11,378
19, 771
7,001
12, 770
8,280
11,491
19, 695
7,003
12, 692
8,186
11, 509
19,824
7,069
12,755
8,187
11,637
19, 849
6,988
12, 861
8,240
11,609
19, 996
7,026
12, 970
8,299
11, 697
19, 996
7,002
12, 994
8,198
11, 798
20, 087
7,055
13, 032
8,190
11,897
20, 140 r r20, 198 20, 578
6,976
6, 930
7,069 ..
13, 164 ' 13, 268 13, 509
8, 280 ' 8, 262 8,480
11, 860 "11,936 12, 098
9 Includes data not shown separately.
"
1,036
2,254
6,714
6,269
2,169
41, 346
18, 846
8,758
3,029
2,797
Firms with 11 or more stores:
Estimated sales (unadj.), total 9
r
19,504
1,613
393
615
245
...
§ Except department stores mail order.
i
1
May 1970
SURVEY OF
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
CUKRENT BUSINESS
1969
1969
Annual
S-13
Mar.
Apr.
May
Jure
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.?
LABOR FORCE, EMPLOYMENT, AND EARNINGS
POPULATION OF THE UNITED STATES
Total, incl. armed forces overseas
..
mil
i 201. 18 i 203. 21
202. 55
202. 70
202.87
203.04
203. 21
203. 40
203. 61
203. 81
204.00
204. 18
204 35
204.51
204 66
204 84
84, 239
80, 733
77, 902
74, 296
3,606
2,831
82, 770
79, 266
76, 520
73, 193
3,327
2,746
83, 137
79, 621
77, 079
73, 471
3,607
2,542
83, 085
79, 563
77,264
73, 370
3,894
2,299
85, 880
82, 356
78, 956
74, 589
4,367
3,400
86, 318
82, 797
79, 616
75, 460
4,155
3,182
86, 046
82, 516
79, 646
75, 669
3,977
2,869
84, 527
80 984
78, 026
74, 397
3,629
2,958
85, 038
81,510
78, 671
75, 110
3,561
2,839
84, 920
81 427
78, 716
75, 395
3,322
2,710
84, 856
81 416
78, 788
75, 805
2,984
2,628
84, 105
80, 719
77, 313
74, 398
2,915
3,406
84,625
81, 283
77, 489
74, 495
2,994
3,794
85, 008
81 690
77 957
74, 786
3,171
3,733
85, 231
81 960
78 408
74, 877
3,531
3, 552
412
80, 434
77, 589
73, 928
3,661
2,845
381
80, 130
77, 321
73, 544
3,777
2,809
400
80, 504
77, 741
74, 058
3,683
2,763
385
80, 789
77 931
74, 370
3,561
2,858
400
80, 987
78 142
74, 528
3,614
2,845
385
81
78
74
3
3
81, 523
78 445
74 999
3,446
3,078
363
81, 379
78 528
75 094
3,434
2,851
389
81, 583
78 737
75, 302
3,435
2,846
392
82, 213
79 041
75 615
3,426
3,172
409
82, 249
78 822
75, 323
3,499
3,427
465
82
79
75
3
3
375
80, 379
77, 650
73, 940
3,710
2,729
359
769
112
562
550
657
545
82 872
78 924
75 338
3 586
3 948
569
3.6
3.5
3.4
3.5
3.5
3.4
3.5
3.5
3.8
3.9
4.2
4.4
38
12.3
15
39
12.9
12.9
6.4
1.7
6.7
3 2
3 5
1.6
6.6
3.5
4
3
4
15
2
8
4
LABOR FORCE
Labor force, persons 16 years of age and over. -thous. .
Civilian labor force
do
Employed, total
_ _- -do __
Nonagricultural employment
do
Agricultural employment
do
Unemployed (all civilian workers)
do
Seasonally Adjusted I
Civilian labor force t
do
Employed total
do
Nonagricultural employment
do
Agricultural employment
do
Unemployed (all civilian workers)
do
Long-term, 15 weeks and over
do
Rates (unemployed in each group as percent
of total in the group) :{
All civilian workers
Men, 20 years and over
Women, 20 years and over
Both sexes, 16-19 years
Married men
Negro and other races
. _
White workers
82, 271
78, 737
75, 921
72,104
3,817
2,816
2.2
3.8
Total-.
Mining
Contract construction
Manufacturing ..
Durable goods
thous
do.
do
do
..do.-
Ordnance and accessories
. . do
Lumber and wood products
do_
Furniture and fixtures
do
Stone, clay, and glass products
do
Primary metal industries.
do
Fabricated metal products
do
Machinery, except electrical
do
Electrical equip, and supplies
do._Transportaiion equipment
do
Instruments and related products . do
Miscellaneous manufacturing ind
do
Nondurable goods.
do
Food and kindred products
do
Tobacco manufactures
do
Textile mill products..
do
Apparel and other textile products. . .do
Paper and allied products
do
Printing and publishing
do
Chemicals and allied products.
.. do
Petroleum and coal products
do
Rubber and plastics products, nec-.-do
Leather and leather products
do
Transportation, communication, electric, gas,
and sanitary services
thous
Wholesale and retail trade
. . do
Wholesale trade..
do
Retail trade
do
2.0
3.7
2.0
3.7
2.2
3.7
11.8
11.8
13.8
13.4
1.5
6.2
3.2
1.7
5.7
3.2
1.8
6.3
3.6
2.0
7.0
3.8
4 1
2.4
4.2
2.1
4.2
2.1
4.3
2.1
4.6
2.3
5.0
5 2
57
3.6
6.0
3.8
3.7
4.3
7.9
4.6
4.7
4.6
4.8
7 4
37
3.6
5.4
3.7
3.6
3.9
3.2
3.8
7.3
3.6
3.2
70, 607
70, 814
71, 198
71, 227
70 247
70 500
70 390
70, 651
70, 635
3 434
20 164
11 912
3 410
20 334
12 081
3 420
20 197
11 965
3,418
20, 156
11, 932
3,461
20,004
11, 740
635
3,459
20,007
11, 738
314
595
306
589
304
591
299
591
488
664
1,378
1,456
2,012
1,958
1,983
468
438
8 264
1,808
486
664
1,371
1,459
2,025
1,952
1,972
468
451
8 269
1,803
12.2
12.6
12.7
12.4
11.7
12.2
1.5
6.4
3.1
1.4
6.1
3.1
1.5
7.0
3.1
1.5
6.4
3.1
1.5
6.8
3.0
1.6
6.5
3.2
2.1
2.0
3.7
1.8
4.0
2.0
3.8
2.1
3 7
2.2
3.8
3.3
3.0
3.4
6.1
3.1
2.8
3.5
6.0
3.2
3.0
3.5
5.7
3.1
2.9
3.5
5.1
3.3
3.2
3.5
5.9
3.2
3.1
2.3
70, 141
68, 894
69, 462
69,929
70, 980
70,347
67, 860
70, 141
69 710
69, 789
3 411
20 121
11, 880
3 374
20 122
11, 881
3 363
20 111
11, 868
70,013
622
3 407
20,118
11,874
70 300
3 267
19 768
11, 624
3 466
20 198
11, 931
346
608
610
628
626
624
622
629
342
598
328
600
343
604
342
610
337
607
492
661
1 350
1 454
2,006
2,038
2,035
470
444
8 241
1 794
494
664
1 332
1 451
1,993
2 036
2,042
470
445
8 241
1 793
496
658
1 326
1 450
1,999
2 046
2,029
472
445
8 243
1 795
496
656
1 333
1 453
1,999
2,058
2,009
474
444
8 244
1 793
332
600
474
637
1 314
1 394
1,961
1 982
2,028
460
435
8 144
1 781
496
662
1 347
1,456
2,010
2,063
2,035
473
445
8 267
1 789
491
658
1 348
1 456
2,007
2 070
2,032
471
447
8 752
1 787
991
1,408
693
1 063
1 026
187
557
356
987
1,418
716
1 086
1 049
184
581
345
995
1,417
714
1 078
1 045
187
579
350
991
1,425
710
1 078
1 044
190
579
350
987
1,426
714
1 075
1 046
190
581
350
990
1,429
717
1 083
1 055
191
584
348
84
81
83
81
82
81
2.1
2.4
2.2
2.2
38
4 4
3.5
3.9
7 0
29
631
325
598
631
2.3
3.8
631
632
70, 679
70, 818 '71,004 '71 060
634
634
' 633
3,334 '3 418 '3 443
19, 965 '19 886 '19 865
11, 663 '11,608 '11 618
70 972
979
1,412
718
1 093
1 051
189
583
336
977
1,410
720
1 099
1 050
191
583
339
979
1,409
722
1 103
1 053
193
581
338
982
1,414
724
1 102
1 055
193
581
339
76
290
591
' 280
' 286
' 584
' 580
'482
'481
'664
'656
' 1 343 1 329
' 1 444r i 440
' 2, 024
2,018
' 2 020 ' 2 022
' 1, 853 ' 1, 907
r 465
' 465
'443
'440
' 8 278 T g 247
' 1 830r 1 gIS
T gO
80
' 79
986
'974
'966
1,421 ' 1, 403 ' 1, 397
726
'724
'726
1 106
1 106
1 104
l' 056 ' 1 056 1 052
194
194
'194
581
577
'578
338
334
333
486
661
1 353
1 452
2,018
1,948
1,951
466
447
8 302
1 814
4 444
14 609
3 758
10 851
4
14
3
10
467
665
774
891
4 483
14 671
3 773
10 898
4 4g4
14 702
3 776
10 926
4
14
3
10
480
716
787
999
4 480
14 809
3 807
11 002
4 484
14 836
3 815
11 021
4 489
14 773
3 837
10 936
4
14
3
11
3 541
11 065
12 207
2 754
9 453
3 557
11 066
12 259
2 790
9 469
3 568
11 067
12 231
3 581
11 120
12 238
9 373
3 531
11 044
12 144
2 7=0
9 386
3
11
12
o
9
586
150
210
749
461
3 595
11 °44
12 318
2 729
9 589
3
11
12
2
9
613
264
341
721
620
3 623
11 297
12 396
2 720
9 676
3 650
U *MQ
12 426
9' 71 A.
9 71 9
14, 644
14, 604
14, 624
thous
14 7^ 14. 771 14 739 14 740
14 505
do
8 456
8 630
8 634
8 654
8 639
do
192
192
197
193
183
do
519
521
528
525
530
do
392
410
412
413
409
do
510
526
535
529
530
do
1,046
1,063
1,062
1,057
1,079
do
1,075
1,121
1,121
1,120
1,118
do II . . 1,341
1,363
1,370
1,366
1,372
do
1,324
1,364
1,369
1,357
1,381
do
1,433
1,432
1,420
1,399
1,431
I Idol III
284
292
290
292
294
do
341
349
347
348
347
vi
d
1 J^ ?? '
* Ppliminary.
i As of July 1.
^Effective with the Mar. 1970 issue of the SURVEY, labor foice data reflect new seasonal
factors; comparable figures for prior periods appear in E MPLOYMENT AND EARNINGS, Feb. 1970
(USDL,
Bureau of Labor Statistics).
313
081
618
464
4 448
14 644
3 767
10 876
4
14
3
10
Finance, insurance, and real estate
do ...
3 383
Services
...
do
10 592
Government
do
11 846
2 737
Federal
..
do
State and local
..
do
9 109
Production workers on manufacturing payrolls:1
Total , not seasonally adjusted
thous . . 14, 505
3 559
11 103
12 227
3 515
11 034
12 132
o 7^7
4.RQ
9
14,735
399
508
726
782
9 7^Q
4
14
3
10
81
4 7
70, 582
979
1,414
718
1 089
1 052
190
586
345
78
81
4 7
2.9
69, 797 '69,893 '70,297
988
1,423
716
1 084
1 054
191
585
343
78
2.7
71, 629
491
662
1,381
1,456
2,030
2,076
2,030
469
442
8 224
1 777
80
2.2
7.1
4.9
492
660
1 378
1 468
2,020
2 075
2,054
469
440
8 23"?
1 791
83
2.9
4.8
493
659
1 361
1 465
2,005
2 076
2,183
473
443
8 253
1 797
81
7. 1
3.8
3.8
439
533
737
796
4
14
3
10
8
2
4
7
4
7
3
4 5
13.9
1.6
6.7
3.2
6 0
3.5
2.8
4.1
12.7
3.5
2.1
3.6
2.5
3.6
1.9
3.6
39
3.5
3.8
2.2
3.5
2.1
3.7
2.0
Occupation: White-collar workers _
Blue-collar workers
4. 1
Industry of last job (nonagricultural):
Private wage and salary workers
3.6
6.9
Construction
3.3
Manufacturing
__
__
3.0
Durable goods
EMPLOYMENT
Employees on payrolls of nonagricultural estab.: 1
Total, not adjusted for seasonal variation, -thous . . 67, 860
Seasonally Adjusted
2.0
3.8
325
194
696
498
131
392
521
939
865
074
r
628
3 378
19 721
11 494
271
576
479
652
1 313
1 422
2,009
2 006
1,867
463
436
8 227
l'g03
81
968
1,397
724
1 104
1 045
193
574
338
4 r^n
' 4 511 4 477
14 gg3
14 991 ' 14* 947
' 3 876 ' 3 882 3 882
r 11 11^
3 654
r19 4Q^
r 1 1 ' ftfi^
r
3 665
r 11 A99
T 19 PV74.
ll' 101
3 682
11 439
12* 664
o' oca
9 777
9 7^9
9 454
9 486
14, 923
14,665
14, 971
14, 997
14, 918
14, 732
14, 647
14, 365 '14,312 '14,341
14 811
8 687
188
528
411
532
1,076
1,122
1,377
1,379
1,434
292
348
14 772
8 668
187
520
408
526
1,077
1,122
1,369
1,388
1,430
291
350
14 922
8 823
181
518
410
527
1,087
1,128
1,366
1,387
1,582
292
345
14 772
8 701
173
516
408
529
1,106
1,127
1,380
1,383
1,447
289
343
14 732
8 674
168
509
408
531
1,109
1,117
1,387
1,389
1,423
288
345
14 588
8 492
167
510
404
530
1,104
1,116
1,372
1,278
1,385
286
340
14 582
8 487
163
511
402
531
,097
,119
,381
,269
,375
286
353
K
9 808
14, 196
Seasonally Adjusted
Total...
Durable goods. .Ordnance and accessories
Lumber and wood products
Furniture and
fixtures
Stone, clay, and glass products.
Primary metal industries _ _
Fabricated metal products.
Machinery , excep t electrical
Electrical equipment and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
Kd.9
8 4.1 7
156
512
403
526
1,081
1,113
1,376
1,263
1,354
283
OCfJ
U
A.K7
, Q "3(\A
'155
'504
399
'530
'1,068
1,104
1,377
' 1, 336
' 1, 262
284
r 74. £
T 1 A Afift
r 8 ^Q1
'151
'499
'398
'522
1,058
1,100
1,372
1,344
1,321
'284
r ^4.9
14. W
8 284
141
496
396
518
1,041
1,087
1,364
1, 329
1,290
284
OOQ
UPa yroll emi}loyment , hours, earnings, and turrlover mo nthlv da ta ("revise d to new benchmarks and seasonal factors, and comparable with current estimates) for 1965-68 appear in
BUSINESS STATISTICS (1969); earlier monthly data, and averages prior to 1939, are available
upon request. Publication of BLS BULLETIN 1312-7, referred to in the 1969 BUSINESS STATISTICS, is now scheduled for release in the Fall of 1970.
SURVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Annual
May 1970
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
6,095
1,214
6,125
1,226
Mar.
Feb.
Apr.?
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT— Continued
Seasonally Adjusted
Production workers on manufacturing payrolls—
Continued J
Nondurable goods
•_ thous
Food and kindred products
do
Tobacco manufactures
do
Textile mill products
do
Apparel and other textile products.
do
Paper and allied products
_
do
Printing and publishing _
do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber and plastics products, nec_.
.do . .
Leather and leather products
_ _do
6,049
1,191
71
6,096
1,204
1,242
537
665
608
118
431
306
1,245
555
676
617
113
450
296
1,246
555
673
620
116
449
301
1,252
549
672
617
118
449
300
1,255
554
669
617
118
451
300
1,255
556
674
623
119
455
299
1,248
555
675
620
119
455
294
1,242
557
676
619
118
454
296
1,239
557
678
614
117
451
287
42.7
37.4
40.7
43.1
38.0
40.6
42.8
37.9
40.7
40.9
43.8
38.0
40.5
40.8
43.4
38.1
40.7
40.7
42.0
37.6
40.9
40.7
42.6
37.5
40.5
40.7
43.2
37.9
40.6
40.6
878
68
871
6,117
1,208
69
880
6,105
1,205
68
875
6,110
1,206
69
871
6,124
1,201
69
873
6,104
1,197
68
873
6,099
1,204
70
863
6,071
1,199
67
862
6,058
1,185
65
860
6,096
1,217
r
r
6, 103
1,r243
66
'856
1 231
562
685
612
119
444
'285
r
6
T
077
1, 234
6,048
1,219
'849
1 225
'561
683
'609
120
r 445
'284
1,224
559
681
602
118
439
289
63
863
1,238
557
683
613
118
450
289
65
862
1,238
558
685
614
119
449
289
1,241
561
685
614
118
446
290
1,247
562
686
613
119
449
289
43.2
38.1
41.0
40.8
42.9
37.5
40.7
40.5
43.8
38.2
40.6
40.5
43.4
38.2
41.0
40.7
3.5
'43
r
38
39
39
3
4
3
8
9
2
r 43 1
r 38 0
3.5
42.8
37.2
40.1
40.3
41.1
41.3
40.9
40 4
32
41.0
r 40 3
39 1
'41.8
40 9
41 1
41.8
40 7
31
'41.0
39 8
39 7
40 2
'40.2
'38.7
r 4.0 9
67
867
T
67
r
67
850
HOURS AND MAN-HOURS
Seasonally Adjusted
Average weekly gross hours per production worker
on payrolls of private nonagricultural estab.:^
Mining .
.
hours
Contract construction
do ..Manufacturing: Not seasonally adjusted
do
Seasonally adjusted
do
Overtime hours.
do
Durable goods. . .
..
do ..
Overtime hours _
__do
Ordnance and accessories.
do
Lumber and wood products
...
do
Furniture and fixtures
do
Stone, clay, and glass products.
do
Primary metal industries
do
Fabricated metal products
do
Machinery, except electrical
do
3. 6
3.6
3.7
3.6
3.6
3.7
3.7
41 4
41.3
41.5
41.4
41.4
41.3
41.2
41.3
41.5
41.2
41.5
40 6
40 6
41.8
41 6
41 7
42.1
40.5
40.2
40 4
42.0
41 8
41 6
42.5
40.8
40.9
40 7
42.3
41 9
41.9
42.7
40.9
40.2
40 9
42.0
41 8
41.8
42.6
40.6
40.3
40.9
42.1
41.7
41.6
42.6
40.9
40.2
40.7
41.9
41.7
41.8
42.5
40.2
39.7
40.1
41.7
41.5
41.6
42.2
40.4
39.8
40.3
42.1
42.0
41.6
42.6
40.4
40.1
40.1
42.1
42.2
41.5
42.7
40.1
40.0
39.9
41.7
42.2
41.4
42.4
40.4
40.3
39 9
42.0
41.6
41.4
42.2
40.5
40.4
40.0
42.1
41.6
41.6
42.6
40.6
39.4
39 5
41.6
41.2
41.4
42.3
40.6
41.6
40.9
39.2
40.3
42.3
40.9
39.1
40.4
41.2
40.9
39.0
40.5
41.8
41.0
39.0
40.2
41.3
40.7
38.8
40.1
40.6
40.9
38.9
40.3
41.5
40.9
39.2
40.4
40.0
40.7
39.2
3.8
3.8
3.7
3.9
3.8
3.8
3.6
3.9
3.8
3.8
3.9
3.5
3.7
3.5
3.6
3.3
3.4
40 0
40 2
31
r SQ ^
41.9
40 7
41 3
'41.8
42 8
38 3
39.7
40 0
30
40 5
28
40.9
39 5
39 3
41.7
40 2
41 1
41.4
Electrical equipment and supplies.
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind..
do
do
do
do
40 3
42 2
40.5
39.3
40 4
41.5
40.7
39.0
40 7
41.6
40.7
39.0
40.9
41.5
40.8
39.5
40.6
41.1
40.8
39.1
Nondurable goods
Overtime hours
..
..
Food and kindred products _ _
Tobacco manufactures
Textile mill products
.. _ .
Apparel and other textile products...
do
do
do
do
do
.do
39 8
33
40 8
37 8
41 2
36 1
39.7
3 4
40 8
37 4
40 8
35 9
39.9
34
40 9
36 5
40 9
36 0
39.8
34
40.9
36 4
41 1
36 0
39.8
39.8
39.7
39.6
39.7
39.5
39.6
39.8
39.6
40.8
38.1
41.0
36.1
40.7
39.5
41.2
36.2
40.6
38.2
41.2
36.0
40.9
37.2
40.9
35.9
41.0
37.4
40.8
35.8
40.5
37.2
40.6
35.7
40.8
37.4
40.8
35.8
40.8
36.3
40.9
36.0
40.8
38 3
40 2
35 7
do
do
do
do ...
do
do
42 9
38.3
41.8
42 5
41 5
38 3
43 o
38.3
41.8
42 6
41 1
37 2
43 2
38.3
41.7
43 2
41 4
37 6
43 4
38.3
41.6
42 9
41.4
37 7
43.0
38.4
41.8
43.0
41.4
37.6
42.9
38.4
41.8
42.2
41.3
37.4
43.0
38.5
41.9
42.9
41.2
37.0
42.8
38.4
41.9
42.8
40.9
36.8
42.8
38.3
41.6
42.0
41.0
37.1
42.7
38.3
41.7
42.6
40.9
37.3
42.7
38.4
41.9
42.7
40.8
37 4
42.8
38.6
41.8
42.2
41.1
37.7
43 0
38.2
42.0
42 4
40 9
37 6
do
do
do
do
36 0
37.0
35 6
40 2
34 2
37.1
35 7
40 1
34 3
37.1
35 6
40 2
34 1
37.1
35.7
40.1
34.3
37.0
35.7
40 0
34.2
37.2
35.7
40 0
34 2
37.0
35.8
40.3
34.3
37.0
35.7
40.3
34.2
37.1
35.5
40.3
33.9
37.1
35 5
40 2
34 0
37.2
35 4
40 4
33 8
36.9
35 4
40 3
33 8
36.9
Seasonally Adjusted
Man-hours in nonagric. estab., all employees, seasonally adjusted at annual rate
bil. man-hours. . 134.62
139. 06
138. 44
138.42
139. 15
139. 43
139. 44
140. 18
139. 87
139. 80
139. 90
139. 96
115.4
78 6
112 0
117 9
123 4
117.9
82 1
119 1
119 5
125 9
118.3
81. 1
117 7
120.3
126 8
118.1
82.8
117 4
120.0
126 3
118.1
81.7
119.3
119.7
125.8
118.6
78.9
119.5
120.4
126.9
118.0
81.4
117.9
119.8
126.2
119.0
82.8
118 1
121.0
128 5
118.4
83 0
119 5
120 0
127 2
117.3
82.1
117.6
119.1
126.0
116.9
83.8
121.4
117.7
122.9
117.4
83.4
121.7
118.3
123.7
115.1 r 115. 1
'83.6
82.2
113.7 ' 120. 1
115.8
117.0
119.9
121 3
' 115. 2
'82.5
' 119. 8
' 116. 0
' 120. 6
113.8
81.4
118.0
114.6
118.5
223.8
93.9
128 0
109.2
208.6
93.5
132 7
114.0
226.2
96.3
134.2
115.7
222.1
94.2
135.9
113.6
219.3
95.3
135.6
113.3
216.3
94.7
134.6
114.0
211.5
92.1
131.6
112.2
205.7
92.0
132.9
113.5
196.7
92.3
131.6
113.9
189.6
90.8
131.0
113.3
189.8
91.7
129.7
113.9
185.8
92.1
129.4
114.3
178.2 ' 178. 8 ' 174. 2
'88.6
'90. 6
90.0
125.8
125.5
128.1
111.9 ' 113. 3 '111.9
162.3
87.4
125.2
110.5
do
do ..
do
110.2
126.9
133.0
114.3
131.9
137.5
112.9
133.0
137.3
111.9
132.4
137.7
112.2
132.1
137.3
113.7
132.8
138.1
113.2
132.2
136.3
115.7
132.9
137.3
118.3
132.5
139.0
118.6
131.0
138.7
116.4
130.9
136.6
115.6
131.9
138.8
112.8
130.5
137.3
' 110. 7
128.5
135.8
Electrical equipment and supplies.
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind.
do
..do
do
-.do ..
143.5
121.7
126.0
109.7
147.4
119.5
129.4
110.4
149.3
119.9
130.2
111.2
150.6
118.6
130.6
112.3
150.8
115.7
131.5
110.8
150.6
120.0
130.9
111.4
150.4
121.7
130.4
111.8
150.7
131.2
130.9
109.9
150.7
121.7
129.9
109.3
150. 2
118.3
128.5
109.3
137.8
113.1
128.2
108.0
137.5
114.8
128.2
113.0
137.2
109.0
126.2
112.1
'
'
'
'
Nondurable goods
Food and kindred products
Tobacco manufactures. _
Textile mill products
Apparel and other textile products
do
do
do
do
..do ..
110.7
96 2
82.2
106.7
117.5
111.2
97.3
77.1
105.0
117.3
111.8
97.8
76.8
106.3
117.6
111.7
97.6
75.5
106.2
118.2
111.8
97.4
80.2
105.5
118.8
112.1
96.8
83.1
106.2
119.1
111.5
96.2
79.2
106.2
117.8
111.2
97.5
79.4
104.3
116.9
110.6
97.3
76.4
103.9
116.3
110.0
95.0
73.7
103.1
115.9
111.1
98.3
74.1
103.9
116.2
111.3
98.1
69.7
104.3
117.2
117.7
117.0
122.4
83.0
157.2
96.0
121.7
119.2
124.2
79.5
162.8
90.1
122.4
118.5
124.5
82.8
163.5
92.6
121.6
118.3
123.6
83.6
163.5
92.5
121.6
118.1
124.2
83.8
164.2
92.3
121.7
118.9
125.4
82.9
165.3
91.5
121.8
119.4
125.1
84.3
164.9
89.0
121.7
119.3
124.9
83.4
163.3
89.1
121.7
119.3
123.0
81.2
162.6
87.1
121.4
120.2
123.1
83.0
161.9
88.2
121.6
120.9
123.9
83.9
161.1
88.4
122.5
121.5
123.6
82.2
161.2
89.5
Paper and allied products
Printing and publishing...
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
Wholesale and retail trade
Wholesale trade
Retail trade
__.
Finance, insurance, and real estate
Man-hour indexes (aggregate weekly), industrial
and construction industries, total
1957-59=100..
Mining.
.
do
Contract construction
do
Manufacturing .
..
do
Durable goods
do
Ordnance and accessories
Lumber and wood products.
Furniture and fixtures
..
Stone, clay, and glass products.
Primary metal industries
Fabricated metal products
Machinery, except electrical
Paper and allied products.
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
r
Revised.
v Preliminary.
USee corresponding note, p. S-13.
...do
do
. do
do
do
do
do
do
do
do
Af\ 1
04 7
3.4
3.4
3.4
3.4
3.3
3.3
3.3
3.3
40 4
40.7
'38.9
r
39 3
3.4
39 4
o o
r 4.0 7
. 0 0
4/1 7
40 3
40 2
40.8
39.2
39
3
40
37
40
35
4
0
6
2
7
7
r
r "^ t\
38.0
41.8
38.0
41.9
' o5. 3
40.1
33.8
'36.9
35 3
40.2
33.7
37.0
139. 31 '139. 55 '139. 80
139. 61
3r
42 1
37.9
41.4
41 9
40 7
38 1
4.O 1
qq f>
36.8
' 109. 1
' 128. 7
' 135. 3
106.0
126.5
133. 2
145. 3
107. 4
126. 7
108. 7
144.1
104.4
127. 0
108.2
111.4
99.0
78.2
102.9
116.7
110.4 ' 110. 0
'99.4
100.2
'76.2
'75.2
' 101. 1 '100.8
' 114. 6 ' 114. 0
109.6
98.0
76.0
102.2
114.6
123.3
120.4
124.0
83.3
161.5
88.9
' 121. 3 ' 121. 1
119.3
119.6
123.2 ' 122. 9
'84.0
83.9
160.1 ' 159. 3
'86.4
'86.3
120.1
118.6
120.0
81.7
157.1
90.1
142. 7
102. 1
125. 1
109. 0
'
'
'
'
SURVEY OF CURKENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Annual
S-15
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr. v
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
WEEKLY AND HOURLY EARNINGS
Not Seasonally Adjusted
Avg. weekly gross earnings per prod, worker on payrolls of private nonagricultural estab.: 1
Mining
dollars
Contract construction
do
Manufacturing establishments
-do..
143. 05
164. 56
122. 51
154. 73
181.64
129. 51
148. 54
171. 86
127. 39
154. 78
174. 46
127. 58
155.30
179.92
128. 61
150. 88
181. 34
129. 65
154.30
183. 91
129. 20
156.88
187. 77
129.51
157. 91
192. 96
132. 84
159. 71
190.08
131. 87
160.58
184. 02
132. 36
160. 58
189. 25
134. 89
158. 58 '159.75 '160.65
180. 64 '185.84 '189.11
131. 93 '130.94 132. 40
160. 60
192. 53
131. 80
Durable goods.. .-_
Ordnance and accessories
Lumber and wood products.
Furniture and
fixtures
Stone, clay, and glass products. ..
do .
do
do
do
do
132. 07
135. 71
104.34
100.28
124. 98
139. 59
139. 32
109. 75
105. 85
133. 56
137. 45
137. 23
107. 86
103. 42
129. 27
137. 20
138. 11
106. 13
103. 46
131. 57
138. 69
138. 85
109. 08
105. 04
134. 41
139. 44
140. 76
110. 30
106. 90
134. 41
137. 83
136.91
108.78
104. 01
133.24
139. 33
139. 09
111.76
107. 71
136. 75
143. 45
141.69
114.33
109. 08
138.45
142.42
141. 05
113.93
108. 81
137. 57
142. 14
144. 49
113. 32
108. 81
137. 76
145. 53
145. 14
113.36
110. 16
137.76
142. 04 140. 24 142. 10
145. 96 '145.25 '146.88
109. 98 '111.79 '112.46
105. 42 104.49 ' 105. 69
134. 15 '134.15 '137.12
141. 45
147. 02
112. 97
105. 38
139. 36
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical equip, and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
do
do
do
do
do
do._
do
147. 68
131. 77
141. 46
118. 08
155. 72
120. 69
98.25
158. 42
138. 53
152. 15
124. 84
161 85
128 61
103. 35
155. 82
136. 45
151.36
123. 42
157. 38
126. 17
102. 05
157. 45
136. 21
150. 80
122. 92
157. 44
125. 96
102. 44
157. 13
138. 03
151. 66
124. 34
158. 18
127. 39
102. 96
157. 92
139. 86
151. 66
125. 36
160. 58
129.15
103. 88
157. 66
136.78
148.39
122. 98
162.66
127.17
101.38
160. 51
138. 86
149. 94
124. 53
159. 17
128.61
103. 22
162. 93
142.72
155. 00
127.39
167.09
131.84
104. 66
160.55
141.36
155. 61
126.45
165.92
131. 70
105. 32
159. 39
141. 44
154. 87
126. 36
165. 17
133. 16
106. 50
160.99
143. 72
159. 90
129.24
170. 49
134.64
108. 74
159. 42 157. 08
141. 04 140. 42
156. 14 155. 87
127. 75 127. 04
161. 20 ' 157. 61
132. 44 ' 131. 86
107. 59 '108.64
155 94
142.04
155. 25
128. 63
159. 59
133. 65
108.64
Nondurable goods
Food and kindred products
..
Tobacco manufactures
Textile mill products...
Apparel and other textile products
do
do
do
do
do..
109.05
114.24
94.12
91.05
79.78
115 53
120 36
98 74
95.47
82 93
113. 15
118. 08
94.70
93.66
83.13
113. 08
117. 89
95.94
92.92
81.85
114. 34
119. 77
103. 02
94.07
82.67
115. 31
120. 25
111.32
95.63
83.49
116. 22
122.36
104.43
95.65
82.21
116. 51
121. 30
94.50
97.99
83.85
118.00
123.73
98.81
98.81
84.13
117. 51
120. 88
96.77
98.57
83.77
118 21
123.00
98 74
99.46
84 13
119.60
124.64
99 26
99.95
84.37
117 99 117 69 118 38
124 74 '122 80 124 31
106 76 '107 30 '105 56
96.80 '96.80
97.69
83 07
83 78 '85 20
118 17
124. 18
110 17
97.20
84.02
Paper and allied products.
do
Printing and publishing- _ .
do .
Chemicals and allied products
do
Petroleum and coal products
do
Rubber and plastics products, nee., -.do..
Leather and leather products -. do
130. 85
133. 28
136. 27
159. 38
121. 18
85.41
139. 32
141. 33
145. 05
170. 83
126. 18
87 79
135. 45
139. 03
140. 95
168. 67
123. 30
87.28
135. 99
138. 68
142. 46
174. 10
123. 82
85.78
137. 17
140. 18
143. 72
174. 50
125. 25
87.66
138. 46
141. 31
144. 63
170. 00
125. 97
88.83
140. 18
141.31
145.53
176.14
126.07
87.52
141. 04
142. 82
145. 53
171. 60
126. 69
87.19
142. 99
144. 75
146.78
172.10
129.90
87.58
142.33
144. 77
147. 62
173.36
129.27
88.80
142 43
145. 15
149. 52
175 50
128 64
90 51
143 86
148. 59
149. 94
170 97
130 31
93 45
141 62 '139 95 141 04
143 26 144 02 146 30
149. 70 '149.34 '150.42
176 82 176 81 '176 82
128 21 127* 48 '127 26
92 74 r 92 38 r 9] 14
140 19
145. 52
150. 12
178 51
127. 35
91 51
86.40
122 31
74 95
101. 75
91.14
129. 85
78.66
108. 33
88.85
126. 40
76.61
107. 22
88.96
127. 20
76.73
106. 85
89.92
128 00
77.63
107. 30
91.55
129 92
79.35
108. 70
93.08
130 17
80 96
107.96
93.70
131. 22
81.19
108. 04
92.46
132.59
79.69
108.41
92.13
132. 59
79.20
109.07
92
133
79
110
92
135
79
110
93
134
79
111
3.35
4.40
3 01
2.88
3.19
3 05
3.27
2.57
2 47
2.99
3.59
4.78
3.19
3.05
3.38
3.23
3.44
2.73
2.62
3.18
3.52
4.62
3.13
3.00
3.32
3.17
3.38
2.65
2.56
3.10
3.55
4.64
3.15
3.02
3.33
3.19
3.41
2.64
2.58
3.14
3.57
4.71
3 16
3.03
3.35
3 20
3.42
2.68
2 60
3.17
3.55
4.71
3.17
3.03
3.36
3 21
3.45
2.71
2.62
3.17
3.58
4.74
3 19
3 06
3.37
3 23
3.44
2.74
2 62
3.18
3.59
4.79
3.19
3.06
3.39
3.24
3.46
2.78
2.64
3.21
3.63
4.91
3.24
3.09
3.44
3.27
3.49
2.83
2.68
3.25
3.68
4.95
3.24
3.10
3.44
3.29
3.50
2.82
2.68
3.26
3.70
4 96
3 26
3 12
3 45
3 31
3 55
2.84
2 70
3 28
3.70
5 02
3 29
3 15
3 49
3 34
3 54
2.82
2 70
3 28
3.74
5 06
3 29
3 17
3 49
3 35
3 56
2.82
2 71
3 28
'3.75
'5 05
r 3 29
'3 17
3 48
3 35
'3 56
'2.83
2 70
3 28
'3.78
' 5.07
3 31
3 19
3 50
' 3 38
3 60
'2.84
2 71
r 3 32
3.77
5.08
3 32
3.21
3.51
3 40
3.63
2.86
2 73
3.35
3.55
3.16
3.36
2.93
3.69
2.98
2.50
3.79
3.33
3.58
3.09
3.90
3.16
2.65
3.71
3.28
3.52
3.04
3.82
3.10
2.61
3.74
3.29
3.54
3.05
3.84
3.11
2.62
3.75
3.31
3.56
3.07
3.83
3.13
2.64
3.76
3.33
3.56
3.08
3.86
3.15
2.65
3.79
3.32
3.55
3.09
3.91
3.14
2.64
3.84
3.33
3.57
3.09
3.93
3.16
2.64
3.87
3.39
3.63
3.13
3.95
3.20
2.67
3.85
3.39
3.67
3.13
3.96
3.22
2.68
3.85
3 40
3.67
3 12
3.98
3.24
2 71
3.87
3.43
3.71
3.16
4.04
3.26
2.76
3.86
3.44
3.70
3.17
4.02
3.27
2.78
3.85
3.45
3.72
3.20
3.98
'3.28
'2.80
3.85
'3.46
3.74
'3.23
'4.01
'3.29
'2.80
3.86
3.49
3.75
3.24
4.02
3.30
2.80
2.74
2 63
2.80
2 49
2.21
2.21
3.05
3.48
3 26
3.75
2.92
2.23
2 40
3 05
2 16
2.75
2.91
2.79
2.95
2.64
2.34
2.31
3.24
3.69
3.47
4.01
3.07
2.36
2.56
3 23
2.30
2.92
2.85
2 74
2.93
2 66
2.29
2.29
3.15
3.63
3 38
3.95
3.00
2.34
2 51
3 16
2 26
2.89
2.87
2 76
2.94
2 68
2.30
2.28
3.17
3.64
3 40
4.03
3.02
2.35
2 52
3 18
2 27
2.88
2 88
2 77
2.95
2 74
2.30
2 29
3.19
3.66
3 43
4.03
3.04
2.35
2 54
3 20
2 29
2.90
2.89
2 77
2.94
2 79
2.31
2.30
3.22
3.68
3 46
4.00
3.05
2.35
2 55
3 24
2 30
2.93
2.92
2 80
2.97
2 77
2.35
2.29
3.26
3.68
3 49
4.04
3.09
2.34
2 55
3 23
2 30
2.91
2.92
2.79
2.93
2.52
2.39
2.31
3.28
3.70
3.49
4.00
3.09
2.35
2 56
3 24
2 30
2.92
2.95
2 82
2.96
2 54
2.41
2.35
3.31
3.75
3 52
4.04
3.13
2.38
2 59
3 29
2 33
2.93
2.96
2.83
2.97
2.52
2.41
2.34
3.31
3.77
3 54
4.06
3.13
2.40
2 61
3 29
2 35
2.94
2 97
2 85
3.00
2.42
2 35
3.32
3.78
3 56
4.11
3.13
2.42
2 63
3 33
2 36
2.98
2.99
2.87
3.04
2.69
2.42
2.35
3.33
3.81
3.57
4.10
3.14
2.44
2.61
3 34
2.34
2.98
3.01
2.90
3.08
2.87
2.42
2.36
3.34
3.80
3.59
4.22
3.15
2.46
2.65
3 35
2.38
3.01
3.01
2.90
'3.07
2.90
2.42
2.36
3.34
3.81
'3.59
4.23
3.14
'2.47
2 68
'3 39
2 40
3.04
3.02
2.91
3.10
' 2.90
2.43
2.38
3.35
3.85
'3.59
'4.22
'3.15
'2.47
2.68
3 40
2.40
3.04
3.03
2.93
3.12
3.01
2.43
2.36
3.37
3.86
3.60
4.23
3.16
2.48
2.69
3.39
2.41
3.03
4.201
5 956
1.44
1
3 466
4.629
6 514
1.58
4.422
6 228
4.435
6 261
1.59
3 692
4.495
6 314
4.657
6 502
4.748
6 672
4.751
6 738
4.848
6 802
4.853
6 831
4.891
6 903
1.67
4.913
6 912
4.927
6 921
4.963
6.963
1.66
3 651
3.760
3.749
4.823
6 767
1.51
3 628
4.718
6 627
1.58
3 725
57, 623
57 806
47, 732
37.7
37.8
3.01
113.48
58,632
58 041
48, 648
38.0
37.8
3.03
115. 14
58, 525
58 016
48,504
38.1
37.8
3.04
115. 82
58, 877
58 262
48, 828
38.2
37.8
3.05
116. 51
58,734
58 180
48, 718
38.0
37.8
3.10
117.80
58,789
58 333
48, 764
37.7
37.6
3.11
117. 25
58, 729
58 294
48, 695
37.5
37.6
3.12
117.00
59, 038
58 283
48, 993
37.7
37.5
3.11
117 25
57,308 '57,269 ' 57, 569
58 392 58 509 58 486
47, 259 '47,208 '47,505
37.2
37.1
37.1
37.4
37.4
37 4
3.13
3.15 '3.17
116 12 116 87 '117 92
57, 782
58 308
47, 682
37.1
37.4
3.18
117. 98
99.13
78. 18
110. 74
87. 33
100 40
78.68
111. 54
87.41
100 92 101 45 102 44 102.01 101. 82 102 01 101 97 102 57
79.23
78.59
78.02
78.72
78.83
77 37
77 41
77 69
111.20 111. 44 114. 01 113. 25 113.63 115 61 114 48 '113 69
86.74
86.59
87.25
87.07
88.17
88.05
86.86 ' 85. 80
cfWages as of May 1, 1970: Common, $5.048; skilled, $7.144.
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate..
do
do
do
do
Average hourly gross earnings per production
worker on payrolls of nonagricultural estab.: 1
Mining
...dollars..
Contract construction ...
do
Manufacturing
do
Excluding overtime.
..
>..
do
Durable goods
do
Excluding overtime
do
Ordnance and accessories
do
Lumber and wood products
do
Furniture andfixtures.
do
Stone, clay, and glass products. . _ do
Primary metal industries
Fabricated metal products.
Machinery, except electrical
Electrical equip, and supplies. ..
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
Nondurable goods
Excluding overtime
Food and kindred products
Tobacco manufactures .
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee.
Leather and leather products..
Wholesale and retail trade
Wholesale trade .
Retail trade
_
Finance, insurance, and real estate
do
. . do
do
do
do
do
do
do
do
do
do
do
do .
do
do
do
do
do
do
do
do
do
do
Miscellaneous hourly wages:
Construction wages, 20 cities (ENR) : &
Commonlabor
$perhr
Skilled labor
do
Farm, without board or rm., 1st of mo
do._
Railroad wages (average, class I)
do
3 599
PRIVATE NONFARM SECTOR 1
Not Seasonally Adjusted
Employees on payrolls, exc. gov't. and farm:
Unadjusted
thous . . 56, 015
57, 914 56, 615 57, 188
Seasonally adjusted
do
57 578 57 645
Production or nonsupervisory workers
do
46, 434
47. 986 46, 824 47, 344
Hrs. (gross), av. weekly: Unadjusted
hours__
37.6
37.5
37.7
37.8
S easonally ad j . . d o .
37.8
37.8
Hourly earnings (gross) , average
dollars. .
2.97
2.85
3.04
2.98
Weekly earnings (gross), average
do
107. 73
111.67
111.75
114 61
Spendable earnings per worker (with 3 dependents), total private current dollars
99 99
95.28
97.82
97.76
1957-59 dollars
78.61
77.83
77.39
78 30
Manufacturing. _
current dollars
106.75
111.44 109.81 109.95
88.08
1957-59 dollars ..
87.27
87.43
86.99
' Revised.
v Preliminary.
1 Includes adjustments not distributed by months.
USee corresponding note, p. S-13.
58
87
30
86
9 fid
92
60
79
26
157. 08
'141.86
'157.45
'129.52
' 160. 40
' 133. 90
'109.20
02
93 80 ' 93 80 94
67 '135 60 136 00 135
80
79 92
80 16
49
07 112 48 '112 18 111
103 39
77 62
114 85
86.22
15
26
25
50
SUKVEY OF CUERENT BUSINESS
S-16
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Annual
May 1970
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HELP- WANTED ADVERTISING
Seasonally adjusted index t1957-59=100..
LABOR TURNOVER
Manufacturing establishments:
Unadjusted for seasonal variation:
Accession rate, total
mo. rate per 100 employees
New hires
__
do
Separation rate total
do
Quit
do
Layoff
do
Seasonally adjusted:
Accession rate, total
do
New hires
do
Separation rate total
do
Quit
do
Layoff
do
206
228
231
233
232
228
227
224
235
227
222
217
203
203
f 194
4.6
3.5
4.6
2.5
1.2
4.7
3.7
4.9
2.7
1.2
4.4
3.4
4.4
2.4
1.0
4.5
3.5
4.5
2.6
.9
4.8
3.8
4.6
2.7
.9
6.6
5.4
4.5
2.6
.9
5.1
3.9
5.3
2.6
1.6
5.6
4.3
6.2
4.0
1.1
5.9
4.8
6.6
4.4
1.1
4.9
4.0
5.3
2.9
1.3
3.6
2.8
4.3
2.1
1.3
2.9
2.1
4.1
1.6
1.8
4.0
2.9
4.8
2.1
1.7
'3.6
'2.5
-•4.3
1.9
' 1.5
p3. 8
P2.7
P4.4
P2.0
Pl. 6
4.6
4.0
4.9
2.7
1.2
4.9
3.9
4.9
2.7
1.0
4.8
3.7
5.0
2.8
1.1
5.0
3.8
4.9
2.7
1.1
4.8
3.7
4.9
2.7
1.2
4.5
3.5
5.1
2.9
1.1
4.8
3.8
4.8
2.5
1.2
4.7
3.6
5.0
2.7
1.3
4.4
3.4
4.8
2.6
1.2
4.6
3.5
4.6
2.5
1.4
4.3
3.3
4.9
2.5
1.5
'4.3
'3.1
'5.1
2.4
' 1.7
P4.0
?3. 2
P4.9
P2.3
pl.8
5,600
2,530
420
112
570
253
660
219
560
181
500
220
500
160
490
157
510
317
310
132
175
33
260
55
290
106
390
294
44, 500
600
261
2,080
770
303
2,740
870
329
3,530
800
302
3,370
760
307
3,420
770
280
2, 890
740
215
1,830
750
372
2,850
550
323
4,050
385
208
3,990
420
233
3,730
460
296
1,820
570
364
2,230
INDUSTRIAL DISPUTES
Strikes and lockouts:
Beginning in period:
5,045
Work stoppages
number
2,649
Workers involved
thous
In effect during month:
Work stoppages
number
Workers involved
thous
Man-days idle during period _ _ .
- __do. _ 49, 018
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
Nonfarm placements
thous..
5,733
Unemployment insurance programs:
1,187
Insured unemployment, all programs
do. __
State programs:
Initial claims
do. _
10,463
Insured unemployment, weekly avg do
1,111
Percent of covered employment:^
Unadjusted
2.2
Seasonally adjusted
Beneficiaries, weekly average
thous
936
Benefits paid
mil. $
2 031. 6
Federal employees, insured unemployment,
weekly average
thous.
23
Veterans' program (UCX):
Initial claims
do
289
32
Insured unemployment, weekly avg do
Beneficiaries, weekly average
_ _ do
29
Benefits paid
mil. $
69 2
Railroad program:
Applications
_
_ __ thous
139
20
Insured unemployment, weekly avg do ._
Benefits paid
mil. $
40.4
5,153
397
454
437
512
469
471
503
463
372
311
326
295
328
1,177
1,384
1,162
970
911
1,088
1, 015
902
929
1,105
1,464
1,957
1,987
1 915
10, 385
1,101
709
1,300
756
1,090
613
906
710
852
1,105
1,021
731
948
655
840
745
864
866
1,030
1,363
1,375
1,529
1,847
1,169
1,874
1 078
1,798
2.1
923
2, 127. 9
2.6
2.1
1,190
226.5
2.2
2.0
1,022
200.1
1.8
2.0
800
153.0
1.7
2.1
744
135.0
2.0
2.2
788
159.2
1.8
2.2
832
156.7
1.6
2.2
706
136.2
1.6
2.2
686
139. 5
20
2.3
763
136.6
2.7
2.3
1,020
214.3
3.6
2.5
1,459
299.4
36
26
1,629
310 8
35
27
1 581
331 1
20
23
20
17
18
19
18
17
18
22
24
28
30
29
333
37
34
87.0
24
40
39
7.8
22
35
35
7.4
20
29
28
5.8
26
30
27
5.5
32
36
31
6.9
27
37
35
7.2
26
32
30
6 5
29
32
28
6.3
30
38
32
6 2
39
48
42
95
44
61
55
12 0
38
66
61
12 0
42
69
66
14 2
100
17
37.0
5
21
4.1
5
18
3.4
11
17
2.8
11
11
2.0
17
13
2.1
7
13
2.4
6
13
2.5
10
15
2 9
5
14
2 5
5
17
32
9
20
4 1
4
18
34
9
19
37
5,451
5 288
31, 624 ' 34, 277
11,817 12 038
19 807 '22 239
5 249
35, 935
12 875
23 060
5 352
37* 079
13 634
23 445
12 996 112 819 112 803
13 204
13 388
13 597
13 826
6 700
1,680
6 714
1 732
6 738
1 804
6 777
1 844
6 833
1 840
5,154
FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
_
mil. $
Commercial and finance co. paper, total
do_ _
Placed through dealers
_ do
Placed directly (finance paper)
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total, end of period
mil $
Farm mortgage loans:
Federal land banks
do
Loans to cooperatives _ _ _ _
do
Other loans and discounts
do
11,817
4,464
23,681
9,003
11 748
13 204
12 324 112 344 112 514
6 126
1,577
6 714
1,732
4,428
20, 497
7,201
13, 296
4,044
5,451
31, 624
19, 807
4,758
Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted:
Total (233 S MSA's) O
bil. $
New York SMSA
. _ _ _ do
Total 232 SMSA's (except N.Y.).
6 other leading SMSA 'si
226 other SMSA's
__
Reserve bank credit outstanding, total 9 ..do
Discounts and advances
do
U.S. Government securities
do_~_~
Gold certificate account
6 317
1 663
4,344
6 412
1 648
14,284
4,991
4,668
5,232
5,256
4,880
5 145
5,212
25, 305 ' 26, 007 '28,341 '29,515 '29,663 '31,881 '33,551
9,931 10, 159 10, 352 '11,309 11,871 ' 12, 086 12, 524
15, 374 ' 15, 848 '17 989 '18 206 ' 17, 792 ' 19, 795 '21,027
6 484
1,614
14,416
12 941 112 854 112 841
6 557
1,594
4,790
6 645
6 605
1 594
1 573
i 4, 655 i 4, 624
6 676
1 585
4,736
14,439
6 704
1 705
i 4, 394
4,758
4,846
4,975
'8 723.5 '8,887.6 '9,147.7 '9,384.8 9 242 8 9 430 1 '9 737 2 9,527 0 '9 484 4 9 560 4 9 547 5 '9 794 1 9 834 2
3, 882. 8 3, 902. 0 4, 097. 6 4, 155. 7 3, 908. 6 4, 148. 4 4,311.5 4, 127. 6 4, 207. 5 4, 198. 2 4,054 0 4, 232. 1 4,336 7
do
do
do
Federal Reserve banks, condition, end of period:
Assets, total 9
mil $
14 678
4 510
24, 390
10 076
14 314
'4,840.7 '4,985.7 '5,050.1 '5,229.1 5, 334. 2 5, 281. 7 '5,425.7 5, 399. 3 '5,276.9 5, 362. 2 5, 493. 5 '5,561.9 5, 497. 5
1,974.3 2, 028. 9 2, 083. 2 2, 164. 4 2 244 4 2 242 8 2 249 6 2 254 7 2 224 8 2 212 9 2 277 4 '2 309 1 2 281 7
'2,866.5 '2,956.7 2, 966. 8 '3,064.7 3, 089. 8 3, 038. 9 '3,176.2 3, 144. 7 '3,052.1 3, 149. 3 3, 216. 1 '3,252.8 3,215.8
78 972
84 050
78 772
82 213
80 753
80 516
79 473
80 281
80 285
81 919
84 315
84 050
83 133
83 983 '82 709
84 691
56, 614
188
52, 937
60, 841
183
57, 154
55,419
58, 108
1, 148
52, 405
56,601
57, 454
750
54, 138
58, 626
1, 514
54, 911
56, 948
928
54, 134
59, 592
1,690
55, 515
61, 603
1,531
57, 318
60, 841
183
53, 113
56, 891
1,832
53, 759
59, 931
1,565
55, 709
59, 595 '59,348
1,148
684
55, 823 55, 785
60, 730
546
56, 508
2,532
1,049
54, 095
57,154
do
10, 026
10, 036
10, 025
10, 023
10, 022
10, 027
10, 027
10,, 027
10, 036
10, 036
10, 036
10, 036
11, 036
11, 045
11, 045
11,045
do
78 972
84 050
78 772
82 213
80 753
80 516
79 473
80 281
80 285
81 919
84 315
84 050
83 133
83 283 '82 709
84. fiQ1
Deposits, total
Member-bank reserve balances
do
do. _
23 473
21, 807
24 338
22, 085
23 289
2l't 588
25 882
24 344
25 405
23 705
22 714
20 750
23 331
2l', 772
24 271
22 789
23 317
21* 656
25 150
23 613
24 948
23 385
24 338
22 085
25 608
23 637
25 348 ' 24 7^6
23 344 '22 495
25 896
23' 083
Federal Reserve notes in circulation
do
45, 510
48, 244
44, 232
44, 196
44, 811
45, 299
45, 566
45,, 885
45, 818
46, 128
47, 191
48, 244
46, 831
46, 689
47, 252
Liabilities, total 9—.
' Revised.
» Preliminary.
i Data for indicated month exclude loans by Federal
Intermediate Credit Banks outside the Farm Credit Adm. system.
j Revised (back to
1960) to incorporate new seasonal factors; see note "J", p. S-15, Oct. 1969 SURVEY for data
through May 1968 (revisions for June and July 1968,197 and 204).
46, 992
cf Insured unemployment as % of average covered employment in a 12-month period.
OTotal SMSA's include some cities and counties not designated as SMSA's.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland and Los
Angeles-Long Beach.
9 Includes data not shown separately.
SURVEY OF CUREENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
| 1969
End of year
S-17
1970
1969
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
27,976 ' 27,473
27, 703 r 27,358
r 115
273
1,092
896
r
—781
—819
Apr.
FINANCE—Continued
BANKING- Continued
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total
mil. $.. 127,221
Required
_ _
_ ..
do
i 26, 766
Excess
do
1455
Borrowings from Federal Reserve banks... do
1765
Free reserves
do
1—310
i 28, 031
i 27, 774
i 257
i 1, 086
i —829
26, 754
26, 537
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:t
Deposits:
Demand, adjusted d"
mil. $
2 90 288
81 882
Demand, total 9
Individuals, partnerships, and corp
State and local governments
U.S. Government.. ... __
__
Domestic commercial banks,
do
_ do
do
do.
do
Time, total 9 _ ...
.do
Individuals, partnerships, and corp.:
Savings..
.
.
.
do
Other time... _. .. .
do...
88879
144,249 2 150 897
102,790 2 105 605
7 671 2 7 942
3,437 2 2 989
19, 060 2 20 801
217
26, 980
26 864
116
1,190
— 1 074
27, 079
26 776
303
1,249
—946
26, 971
26 735
236
1,067
— 831
27,340
27 197
143
1,135
—992
27,764
27 511
253
1,241
988
28,031
27, 774
257
1,086
—829
28, 858
28 692
166
965
—799
77 039 2 78 210
78 126
79 445
80 556
79 646
79 342
90 288
81 666 r 78 320
152
918
—701
128 681
93 161
6 257
2 003
16 260
27, 903 27, 317
27 603 26 974
300
343
1,402
1,407
996
—
1
102
— 1 064
844
27, 079
26 927
79 370
134 767
92 701
7 005
6 946
16 316
127 253
89412
6 270
4 112
16 240
108 389 106 949 106 188 2 103 138 100 601
49, 149
45, 076
2 46 490
2
36 502
48 653
43 419
47 691 2 47 573
42 510 2 40 910
Loans (adjusted), totalc? __
Commercial and industrial
For purchasing or carrying securities
To nonbank financial institutions
Real estate loans
Other loans
do
do
do
do
do
do
161 820
74 149
9,563
11,872
32 106
40 619
175 756
2 si 491
2
7,811
2 13 148
2 33 617
2 44 177
159 637 162 394 161 977 2 170 476
75 269 76 659 76 636 2 2 78 567
7,026
7, 564
6,927
7,233
10 709 11 349 10 806 2 11 957
32 623 32 876 33 024 2 33 239
42 918 49 OfiS 42 920 2 45 022
Investments, total . _ _
U.S. Government securities, total
Notes and bonds
Other securities
_ _
do
do
do
do
68 324
29 358
24,038
38 966
2 59
2 23
2 19
2 35
64 067
26 072
22 551
37 995
63 172
24 789
22 498
38 383
60 758
23 074
21 800
37 684
386
257
57
71
390 7
261 0
57 7
392
264
56
72
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas. adj. :
Total loans and investments©
bil. $
LoansO
do
U.S. Government securities
.do
Other securities
do
Money and Interest rates: §
Bank rates on short-term business loans:
In 35 centers
.percent per annum..
New York City..-.
do
7 other northeast centers.
do .
8 north central centers
7 southeast centers
8 southwest centers
4 west coast centers
do
do
do
do
Discount rate (N.Y.F.R. Bank), end of year or
month
percent
Federal intermediate credit bank loans
do
384 6
251 6
61 5
71 5
2398
2 276
2 51
2 70
6
2
8
5
6. 68
3 6.45
7.01
3
8.21
3
8. 02
3
3
3
3
3
3
8. 24
3
7.93
3
8. 19
3
3
3
6. 72
6. 50
6. 66
6. 64
6
3
4
9
79 1
8. 53
8.18
80 579
2 136 493 127 148 129 567 135 023 131 706 135 725 150 897 131 847
911 r!41 131 131 863
2 94 149 90091 91 904 92 621 90 846 93 110 105 605 92 210 90 334 r 97 063 91 800
5 788
2 6 701
6 231 6 361
6 952
6 452
7 942
6 453
6 371 r 6 323 r 6 849
2 3 654
4 246
3 382
4 474 r 5 473 M 119
1 228 3 879 4 754
3 908 2 989
2 is 995 16 127 18 183 17 613 17 070 18 951 20 801 16 239 r 16 995 r!8 952 16 422
2 gg 589
536
853
789
683
84 189
r
!31
r
112 163
47 737
42 908
r
28,049
27 976
72
823
—751
2
2
2
2
60
22
21
37
169
817
383
352
2 2 397 3
1 2 269 2
1 2 56 3
2 71 8
0
46 952
39 740
r
98 580
97 977
97 170
96 167
96 589
95 017
95 620 r 98 229
99 260
46 653
38 588
46 711
38 026
46 376
37 327
46 318
36 547
46 490
36 502
45 820 r 45 633 r 46 221
35 632 r35 648 r36 523
45 895
36 749
168 039 166 456 168 814 167 504 168 748 175 756
77 629 76 669 78 440 77 649 78 310 81 491
6,588
7,276
7,727
6,521
7,811
6,261
10 950 11 138 11 376 10 818 11 000 13 148
33 288 33 535 33 676 33 951 34 097 33 617
44 662 44 415 45 093 44 602 44 439 44 177
167 718 r 167 600
78 020 r 78 215
5/964 r 6, 246
11 253 r 11 066
33 680 r 33 488
45 771 r 44 909
r
!70 963 168 483
T 79 028 78 944
6,495
' 7, 165
r
l l 658 11 086
r
33
367
33
440
r
46 638 44 813
r
60
r
60 078
23 469
21 140
36 609
59 427
23 336
21 118
36 091
58 066
22 190
20 557
35 876
58 617
23 349
20 103
35 268
59 272
23 668
20 045
35 604
59 536
23 853
19 789
35 683
57 580 r 57 048
22*435 r 21 534
19 542 r 19 384
35 145 r 35 514
397
269
56
71
397
270
56
70
396
271
54
70
396 8
273 3
53 4
399
275
53
71
398 6
276 2
51 8
70 5
396 1
275 3
49 9
70 9
7
9
8
0
5
3
9
3
5
3
7
5
70 1
7
5
2
0
397
277
49
70
2
1
4
8
7 86
7 66
8 18
8.82
8 65
9 14
8.83
8 66
9.21
8 86
8 65
9 23
7
7
7
7
8.85
8 46
8.85
8.75
8.83
8 58
8.79
8.81
8.86
8 67
8 87
8.84
89
66
87
83
566
23 616
r 19 387
r
36 950
398 3
276 1
49 8
79 4
60
22
19
37
870
877
454
993
400
275
51
73
4
2
9
4
6 00
7. 23
5 50
6.70
6
6 00
6 84
6 00
7 02
6 00
7.26
6 00
7 51
fi on
7 69
6 on
6 72
7 81
6 00
7.93
6 00
8 15
6 00
8.46
6 00
8 69
6 00
8.76
3
7. 66
37.68
7.32
7.35
7 47
7 46
7.50
7 54
7.62
7 64
7.76
7 79
7.86
7 90
7 89
7 92
7.98
7 98
7.97
8 00
8 07
8.08
8.16
8.13
8 23
8 23
8.28
8.26
45.75
5. 90
45.69
46.33
47.61
47.83
«7. 16
47.96
6.66
6.82
6.38
7.26
6.86
7.04
6.38
7.50
7.38
7.35
6.54
7.50
7.99
8.23
7.25
8.31
8.39
8.65
7.89
8.50
8.04
8.33
7.71
8.50
8.14
8.48
7.61
8.50
8.17
8.56
7.86
8.50
8.18
8.46
7.92
8.50
8.58
8.84
7.93
8.50
8.64
8.78
8.14
8.50
8.30
8.55
8.01
8.50
7.60
8.33
7.68
8.40
7.54
8.06
7.26
8.00
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent. . 4 5. 339
3-5 year issues
._ do
4 5 59
4 6. 677
4 6 85
6.080
6 33
6.150
6 15
6.077
6 33
6.493
6 64
7.004
7 02
7.007
7 08
7.129
7 58
7.040
7 47
7.193
7 57
7.720
7 98
7.914
8 14
7.164
7 80
6.710
7 20
6.480
6 15
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
3
3
3
5 50
6. 41
6. 83
6.90
4
3
AA
6 00
CONSUMER CREDIT
(Short- and Intermediate-term)
Total outstanding, end of year or month
Installment credit, total
Automobile paper
Other consumer goods paper
Repair and modernization loans
Personal loans
By type of holder:
Financial institutions, total
Commercial banks
Sales finance companies
Credit unions.
Consumer finance companies
Other
mil. $
113, 191
do
89 890
98 169
89 672
on fifi°.
91 813
93 087
93 833
94 732
95 356
95 850
96 478
98 169
97 402
96 892
96 662
do
do__
.do
do
34 130
24, 899
3,925
26 936
36 60?
27,609
4,040
29 918
34 262
24, 306
3,874
27 230
04 700
35 230
24, 636
3,964
35 804
24,956
4,022
36 081
25, 172
4,039
98 °.0^
90 CA]
36 321
25, 732
4,096
36 599
25, 855
4,084
97 Oft°.
36 245
25, 467
4,063
9Q 9ft7
9Q °.19
36 650
26, 223
4,076
36 602
27,609
4,040
36 291
27, 346
3,991
36 119
26, 987
3,970
36 088
26, 814
3,951
do
do
do
77, 457
36 952
18, 219
84,982
40 305
19, 798
78,006
37 257
18, 253
79 062
80 155
38 347
18 636
81, 388
38 916
18^961
82, 130
39 248
19', 127
82 910
39 532
19, 265
83 440
39 793
19 360
83 949
40 006
19,569
84 301
40 047
19 668
84 982
84 531
84 393
84 308
39 956
19 586
do
do
do
10 178
8 913
3 195
11 594
9 740
3 545
10 294
8 927
3 275
•I f\ f»QA
in Q°.Q
9 146
3 426
11 054
9 293
3 408
n
99ft
U
3
4^7
U A'lQ
9 436
U
11 703
335
n
899
122, 469 111, 950 113 231 114 750 115, 995 116, 597 117 380 118 008 118 515 119 378 122 469 121 074 120 077 119 698
24, 399
3,903
07
QC.4.
18 418
in ^ftfl
9 008
o' 97*1
9 080
3
QQQ
Retail outlets, total
do
12 433
13 187 11 666 H fifll n flKQ
Automobile dealers
do
336
320
320
325
329
Revised.
2
Average
for
Dec.
, .,. :.
;—o
" »*iivy
j.i/
viui/c*- are
o-it;
i ^ v ioou
tu, include
unjiuuc
ail bank-premises
-- --Beginning
— -'^ - ' o June
. . 1969,
. Wl y, data
, revised
,. to
. , . . all
,ucuijv-yiuiiuat
,^
subsidiaries, and other significant majority-owned domestic subsidiaries; also, loansi anand
investments are now reported gross. For complete details see the Aug. 1969 Federal Reserv
Bulletin.
3 Average for year.
4 Daily average.
*Jr?V1Si0ns for Jan> 1969 are shown in the Mar. 1970 issue of Federal Reserve Bulletin.
eft or demand deposits, the term "adjusted" denotes demand deposits other than domestic
r
1
fiQQ
333
90
QK7
9 436
336
QX7
9 450
3 4QO
U
O1fi
336
o cnn
n
Q ^°.9
3
P£O
An 9,0 £
19 798
9
3
74.0
~\AA
on non
19 703
19 652
coo
9 691
AC]
9
0
KXK
OA-I
U rqo
9 650
3 coo
1 9 °.*ui
QAI
338
9Q SOQ
337
336
333
331
331
commercial bank and U.S. Government, less cash items in process of collection; for loans*
exclusive of loans to and Federal funds transactions with domestic commercial banks and
after deduction of valuation reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
9Includes data not shown separately.
©Adjusted to exclude interbank loans and beginning June 1969, data are reported gross.
§For bond yields, see p. S-20.
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Mar.
Annual
May 1970
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
FINANCE—Continued
CONSUMER CREDIT— Continued
Outstanding credit— continued
Noninstallment credit total
Single-payment loans total
Commercial banks
Other financial institutions
Charge accounts total
Retail outlets
Credit cards
Service credit
_ _ _ _ _
Installment credit extended and repaid:
Unadjusted :
Extended total
Automobile paper
Other consumer goods paper
All other
-
23, 301
9,138
7,975
1,163
24,300
9,096
7,900
1,196
22, 278
9,139
7,961
1,178
22, 568
9,216
8,040
1,176
22, 937
9,218
8,017
1,201
22, 908
9,227
8,031
1,196
22, 764
9,120
7,946
1,174
22,648
9,073
7,879
1,194
22, 652
9,075
7,882
1,193
22, 665
9,025
7,837
1,188
22, 900
9,000
7,795
1,205
24,300
9,096
7,900
1,196
23, 672
9, 092
7,887
1,205
23, 185
9,074
7,857
1,217
23, 036
9,054
7,843
1,211
do
do
do
_ do
7,755
6,450
1,305
6,408
8,234
6,650
1,584
6,970
6,340
5,037
1,303
6,799
6, 557
5,237
1,320
6,795
6,971
5,609
1,362
6,748
7,002
5,574
1,428
6,679
7,039
5,541
1,498
6,605
6,988
5,438
1,550
6,587
7,005
5,448
1,557
6,572
7,085
5,568
1,517
6,555
7,238
5,685
1,553
6,662
8,234
6,650
1,584
6,970
7,539
5, 932
1,607
7,041
6,789
5,210
1,579
7,322
6,645
5,062
1,583
7,337
do
do
do
do
97, 053
31, 424
30, 593
35, 036
102, 888
32, 354
33, 079
37, 455
8,132
2,750
2,423
2,959
9,024
3, 023
2,668
3,333
8,960
2,985
2,760
3,215
9,169
3,045
2,832
3,292
8,920
2,828
2,778
3,314
8,604
2,593
2,764
3,247
8,485
2,566
2,794
3,125
8,797
2,939
2,805
3,053
8,173
2, 433
2,817
2,923
10, 096
2,479
4, 004
3,613
7,490
2, 130
2,663
2,697
7,106
2,214
2,275
2,617
8,243
2,584
2,725
2,934
do
do
do
do
88, 089
28,018
28, 089
31, 982
94, 609
29, 882
30, 369
34, 358
7,840
2,541
2,521
2,778
8,033
2, 552
2,575
2,906
7,810
2,488
2,523
2,799
7,895
2,471
2,512
2,912
8,174
2,551
2,562
3,061
7,705
2,429
2,469
2,807
7,861
2,490
2,529
2,842
8,303
2,661
2,682
2, 960
7,545
2, 382
2, 449
2,714
8,405
2 527
2, 618
3,260
8,257
2,441
2, 926
2,890
7,616
2,386
2,634
2, 596
8,473
2,615
2, 898
2,960
mil $
do
do
do
Repaid, total
Automobile paper
Other consumer goods paper
All other
Seasonally adjusted:
Extended total
Automobile paper
Other consumer goods paper
All other
do
do
do
do
8,381
2,730
2,625
3,026
8,720
2, 772
2,763
3,185
8,680
2,757
2,767
3,156
8,705
2,725
2,869
3,111
8,521
2,582
2,777
3,162
8,680
2,634
2,819
3,227
8,669
2,794
2,740
3,135
8,661
2,808
2,707
3,146
8,632
2,683
2, 841
3,108
8,344
2,472
2,838
3,034
8,521
2,479
2,925
3,117
8,625
2, 536
3,018
3,071
8,392
2,496
2, 922
2,974
Repaid, total
Automobile paper
Other consumer goods paper
All other
do
do
do
do
7,735
2,501
2 461
2,773
7,960
2,519
2,569
2,872
7,834
2,488
2,507
2,839
7,910
2,460
2,602
2,848
7,899
2,471
2,511
2,917
8,080
2,562
2,574
2,944
7,971
2,498
2,600
2,873
7,992
2,463
2, 615
2,914
8,012
2,503
2,623
2,886
7,929
2,499
2,552
2,878
8,141
2,469
2, 722
2, 950
8,207
2, 550
2,761
2, 896
8,194
2,501
2, 792
2,901
20,406 11, 832
17, 167 17, 602
3,239 -5, 769
14, 332
15, 225
-894
16, 704
15, 232
1, 472
16, 303
16, 564
-261
FEDERAL GOVERNMENT FINANCE
Budget receipts, expenditures, and net lending: %
Expenditure account:
Receipts (net)
mil. $
Expenditure (excl. net lending)
do
Expend, acct. surplus or deficit (— )
do
Loan account:
Net lending
do
Budget surplus or deficit ( — )
Budgetfinancingtotal \
Borrowing from the public
Reduction in cash balances. _
.
do
do
do
do
Gross amount of debt outstanding]:
do
Held by the public
do
Budget receipts by source and outlays by agency :t
Receipts (net), total
mil $
Individual income taxes (net)
do
Corporation income taxes (net)
do
Social insurance taxes and contributions
(net)
mil. $__
Other
do
Expenditures and net lending, total 9
do
Agriculture Department
do
Defense Department, military
do
Health, Education, and Welfare Department
mil. $__
Treasury Department
do
National Aeronautics and Space Adm
do
Veterans Administration
do
Receipts and expenditures (national income and
product accounts basis), qtrly. totals seas. adj.
at annual rates:
Federal Government receipts, total
bil. $_.
Personal tax and nontax receipts
do
Corporate profit tax accruals
do
Indirect business tax and nontax accruals. do
Contributions for social insurance
do
Federal Government expenditures, total.. _do
Purchases of goods and services
do
National defense
do
Transfer payments.
do
Grants-in-aid to State and local govts. . do
Net interest paid
do
Subsidies less current surplus of government
enterprises
bil $
Less* Wage accruals less disbursements do
Surplus or deficit (— )
.do
12153,671 1 2 187,792 13, 727
»2172,802 1 2 183,080 15, 637
»2-l9,131 i 2 4, 712- -1,910
23, 596 13,346
15, 922 15, 279
7,674 -1,932
23, 805 12, 542 14, 999
13, 895 15, 542 16, 790
9,910 -3,001 -1, 791
14, 929 13,110
14, 990 16, 301
-61 -3, 191
-238
140
164
12-25,161 1 2 3, 236 -1,912
7,625 -2,418
2,418
i 2 25,161 i 2-3,236 1,912 -7,625
1 2 23, 100 12-11,146
418 -2,456 -1,485
3,903
1,494 -5, 169
1 2 2 061 i 2 7, 910
1,612
10, 283 -3, 153 -2, 107
2,790 -6,112 -1, 130
6,112
-10,283 3,153
2,107 -2, 790
1,130 -1,612
4,388
-375
2,695 -2,012
-8,587 4,438
679
1,724 -1,565
400
-1,696 -1,285
1,428 -2,415
-97
97
-194
291
i 369, 769 i 367, 144 373, 854 372, 216 373, 677
i 290, 629 i 279,483 292, 012 289, 557 288, 072
367,144 371, 753 374, 098 373, 953 377, 615 381, 192 381, 220 380, 502 380, 988 384, 169
279,483 283, 921 284, 599 284, 224 288, 612 291, 306 289, 294 289, 100 288, 961 291, 275
» 2-6, 030 i 2-1,476
-2
-50
-485
373
-152
-316
-448
-342
-236
104
43 -3,429
3, 429
-43
2,314
-139
1,115
96
23, 596
12, 106
5,323
13, 346
4,760
806
23,805
10,123
8,588
12, 542
6,404
1,070
14, 999
7,230
571
20,406
9, 776
5,551
11, 832
6,636
843
14, 332
7,236
634
16, 704
6,774
5,527
16, 303
10, 660
1,127
14, 929
6,965
645
13, 110
3,419
4, 239
2,865
1,898
3,881
2,286
5,748
2,031
2,823
2,271
2,879
2,190
5,209
1,989
3,022
2,057
2,364
1,988
4,078
2,383
2,190
2,214
2,674
1,843
5,408
1, 911
3,436
2,016
i 2 178,833 i 2 184,556 15, 639
447
i 7, 307 1 2 8, 330
6,543
i 77, 373 1 2 77,877
15, 972
610
6, 682
15, 764
344
6,480
13,522
-593
7,262
15, 695
825
6,346
17, 106
1,338
6,612
17, 616
1,857
6,479
17, 944
1,276
6, 982
15, 461
640
6,051
15, 092
598
6,584
16, 399
731
6,419
14, 886
-77
5, 953
16, 539
296
6,377
4, 169
1, 506
353
692
4,054
1,470
367
684
4,231
1,476
326
652
3,951
1,445
319
657
4,000
1,567
337
667
4,071
1,587
294
691
4,311
1,317
327
691
3,857
1,680
267
708
4,137
1,548
296
718
4.262
1,655
291
726
4,120
1,701
299
717
4,398
1,802
325
798
12153,671 1 2 187,792 13,727
i 68. 726 1 2 87,249
3,999
4,965
i 28, 665 i 36, 678
i 34.622 i 2 39.918
1221,659 1 2 23,948
1240,576 1 2 46,599
i 14, 655 i 16,924
i 4, 247
i 4, 721
i 7, 669
i 6, 858
4,007
1,511
385
712
176.3
79.5
38.3
18.0
40.5
201.5
95.6
40.2
18.8
46.9
198.6
93.8
40.7
18.5
45.6
202.8
96 9
41 0
18.6
46 4
201.3
95.0
39.8
19.1
47.5
203.3
96.7
3(> 3
19.1
48.1
181.5
99.5
78.0
47.8
18.3
11.6
192.0
101.9
79.2
52.4
20.0
13.1
188. 5
101.6
79.0
50.8
19.0
12.5
189.3
100.6
78 5
52 1
19. 3
12 9
193.6
103.2
80.3
52.7
19.8
13.1
196.7
102.3
79 2
53 9
22.0
13 7
4.3
4.6
4.6
4 4
4.6
4 8
9.5
10.1
13.5
7.7
6.6
-5.2
198.7
'94.4
3fi. 2
19.1
49.0
r
r
198.4
102. 3
r 78. 9
'55.8
' 23. 6
r
14.0
r
5.3
*> 5
.3
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance cos. J— bil. $._ 3 3188. 64
10 51
Government securities*
do
3
82 13
Corporate securities*
do
Mortgage loans, total
do
3 69.97
N on farm
do
3 64 17
Real estate.
Policy loans and premium notes
Cash.. _
Other assets
do
do
do
do
3 5.57
3 11.31
3 1.68
» 7.47
190. 83
11.00
81.22
70.48
64.69
191. 36
10.91
81.43
70.66
64.86
192. 13
10.92
81.77
70.82
64.99
192. 31
10.76
82. 02
70.96
65.11
193. 04
10.77
82.32
71.08
65.23
194.03
10.78
82.56
71.25
65.39
194. 80
10.74
82.91
71.43
65.56
195. 93
10.73
83.36
71.57
65.77
196. 66
10.74
83.75
71.71
65.92
197. 23
10.77
83.58
72.13
66.35
5.67
11.70
1.38
9.38
5.65
11.90
1.35
9.45
5.68
12.09
1.32
9.52
5.71
12.32
1.24
9.30
5.79
12.65
1.19
9.24
5.80
12.92
1.20
9.52
5.81
13.17
1.22
9.53
5.85
13.41
1.27
9.74
5.90
13.58
1.29
9.69
5.90
13.80
1.62
9.43
•• Revised.
v Preliminary.
i Data shown in 1968 and 1969 annual columns are for fiscal years ending June 30 of the
respective years.
2 includes revisions not distributed to months.
3 Annual statement
3
197.
3
68
10. 96
3 84. 76
3 72. 34
3
66. 62
3
3
5.92
14. 06
1.24
38.38
3
values.
t Revisions for July 1967-Feb. 1969 for budget receipts and expenditures and for Jan. 1969
for assets of all U.S. life insurance cos. will be shown later.
9 Includes data for items not shown separately.
*New series.
SURVEY OF CURRENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
Annual
S-19
1969
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
12, 621
9, 082
3,017
522
14,099
10, 310
3,198
591
Apr.
FINANCE—Continued
LIFE INSURANCE— Continued
Institute of Life Insurance— Continued
Payments to policy holders and beneficiaries in
U S total
-— mil. $_
Death benefits
do
Matured endowments
do
Disability payments
_
do
Annuity payments
do
Surrender values
do
Policy dividends
__
_
do. ._
14, 385. 0 15, 524. 5 1, 363. 7 1, 270. 5 1, 240. 5 1, 287. 1 1, 246. 9 1,251.2 1,279.1 1, 280. 5 1, 117. 8 1, 686. 5 1, 285. 2
6, 209. 3 6, 758. 1 616.3
547.0
560.4
560.7
542.4
553.5
629.4
556.1
548.5
564.9
483.8
952.6
967.2
89.5
83.9
81.3
67.2
82.5
76.8
77.9
85.3
71.5
82.7
71.7
204.7
195.6
18.7
16.6
16.0
20.0
17.2
18.7
16.6
19.6
16.9
16.3
14.2
1, 401. 0 1, 558. 6
127.6
132.1
127.1
131.2
127.8
123.4
138.4
112.2
165.1
133.8
129.8
2, 456. 4 2, 721. 6
232.2
238.7
240.0
231.1
226.6
226.3
234.8
225.7
195.2
238.3
230.2
3, 155. 5 3, 328. 9
249.5
272.7
254.6
229.1
287.7
265.7
612.1
233.4
236.8
252.6
223.1
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :J
Value estimated total
- _ mil. $ ' 150,495 'r 157,525 •13,356 ' 13,726 ' 12,462 ' 13,222 ' 12,076 ' 13,005 ' 12,438 ' 14,136 ' 12,957 >• 18,488
'r103,944 p 111,863 ' 9, 678 '9,524 ' 9, 461 ' 9, 561 ' 8. 981 ' 8, 707 ' 8, 807 '10,462 ' 9, 331 ' 11,025
Ordinary (incl. mass-marketed ord.)
do
39, 877
39, 237 * 3, 084 ' 3, 652 ' 2, 400 ' 3, 127 ' 2, 603 ' 3, 788 ' 3, 094 ' 3, 108 ' 3, 097 ' 6, 980
Group
do
r
r 6, 425
6, 674
'550
'594
Industrial
- do
'601
'510
'534
'492
'537
'529
'483
'566
Premiums collected:
Total life insurance premiums
do. _ _ 18, 052
18, 933
1,560
1,555
1,520
1,564
1,536
1,531
1,580
1,440
2,009
1,626
13, 142
1,181
13, 510
Ordinary (incl. mass-marketed ord.)
do
1,170
1,125
1,159
1,155
1,161
1,192
1,370
1,242
1,085
3,492
3,201
283
289
300
Group
.- do
282
311
275
294
264
286
393
1,341
96
1,299
Industrial
do
95
95
96
94
96
98
246
98
91
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end of period) ...mil. $.Net release from earmark§
do
Exports
thous. $
Imports..
__.
do _
Production, world total
. mil. $
South Africa
do
Canada...
do
United States
do
Silver:
Exports
.
_ thous. $
Imports
do
Price at New York
_ dol. per fine oz
Production:
Canada
thous. fine oz_.
Mexico
do
United States
do
Currency in circulation (end of period)
fell.
$..
Money supply and related data (avg. of daily fig.) :©
Unadjusted for seasonal variation:
Total money supply
bil $
Currency outside banks
do
Demand deposits _ __
_
do
Time deposits adjusted^
do
U.S. Government demand deposits^
do
Adjusted for seasonal variation:
Total monev supply
_.
_ _ _ do
Currency outside banks
do _
Demand deposits
do
Time deposits adjusted^
__
_ .do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (233 SMSA's) Q. ratio of debits to deposits
New York SMSA
do .
Total 232 SMSA's (except N.Y.)
do
6 other leading SMSA'stf
do
226 other SMSA's
.
.
do
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
Net profit after taxes, all industries
mil. $
Food and kindred products
do _
Textile mill products
do
Lumber and wood products (except furniture)
mil. $..
Paper and allied products
do
Chemicals and allied products
do
Petroleum refining.
do
Stone, clay, and glass products
do
Primary nonferrous metal
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil $
Machinery (except electrical)
_
do
Elec. machinery, equip., and supplies
do
Transportation equipment (except motor
vehicles, etc.)
mil. $_.
Motor vehicles and equipment
do
All other manufacturing industries
do. " " "
Dividends paid (cash) , all industries
do
Electric utilities, profits after taxes (Federal Reserve)
m il.$
11,525
8,386
2,703
436
1,524
1,182
238
104
10, 367
755
12, 287
236, 905
10, 367
-16
192
22, 837
10, 367
48
613
24, 956
10, 367
91
358
17, 156
10, 367
-2
193
23, 742
10, 367
-11
239
8,066
10, 367
17
9,531
19, 519
10, 367
29
364
27, 052
10, 367
25
150
19, 817
10,367
-19
244
22, 600
10, 367
687
200
21, 863
11, 367
20
159
12, 487
11,367
23
278
9,772
11, 367
o
293
17, 659
1, 090. 7
85.2
89.1
7.6
89.3
7.3
90.0
7.4
91.3
7.3
93.7
6.7
93.9
6.6
95.1
7.0
95.2
6.5
93.6
6.8
89.5
7.1
102.5
7.5
88.4
6.5
94.3
88, 908
44, 909
1.791
10,417
9,086
1.826
12, 424
9,450
1.778
27, 930
9,406
1.761
8,643
8,299
1.645
* 8, 365
* 5, 427
1.618
10,889
4,446
1.653
7,838
6,117
1.785
10, 103
4,993
1.872
2,363
3,026
1.923
2,358
3,474
1.807
4,761
3,301
1.876
5,828
3,057
1.896
3,075
4,012
1.888
45, 390
* 40, 031
37, 168
41, 926
3,387
4,059
4,977
4,140
2,974
4,287
3,587
3,212
4,805
3,382
3,402
2,645
3,697
4,760
6,017
3,592
3,299
2,912
3,704
3,631
3,993
2,877
3,541
52, 552
3,569
4,494
5,233
3,495
3,936
4,516
4,097
4,221
51.0
54.0
49.5
49.6
50.4
50.9
51.1
51.5
51.3
51.7
53.0
54.0
51.9
52.0
52.7
188.6
42.0
146.6
192.4
5.7
198.3
44.8
153.5
198.4
5.6
195.0
43.7
151.3
202.9
4.8
199.2
43.8
155.3
202.7
5.4
194.4
44.2
150.3
202.2
9.2
197.0
44.7
152.3
201.0
6.0
197.8
45.2
152.7
197.7
5.6
195.9
45.4
150.5
195.5
4.3
197.6
45.2
152.4
194.3
5.3
199.3
45.6
153.7
193.7
4.2
201.0
46.4
154.7
192.6
5.1
206.0
46.9
159.1
192.4
5.5
207.1
46.1
161.1
191.7
4.7
197.8
' 45. 9
151.9
192.0 '
7.1
199.7
46.3
153.4
194. 9
6.9
204.2
46.7
157.6
198.3
5.3
196.8
44.1
152.6
202.3
198.1
44.2
154.0
202.3
198.3
44.5
153.8
201.7
199.0
44.8
154.2
200.8
199.3
45.0
154.4
197.7
199.0
45.3
153.8
194.5
199.0
45.2
153.7
194.1
199.1
45.6
153.6
193.5
199.3
45.9
153.4
193.4
199.6
45.9
153.7
194.1
201.1
46.1
155.0
192.1
199.3
46.4
153.0
192.0
201.5
46.7
154.8
' 194. 3
203.3
47.1
156.2
197.9
'65.6
' 140. 6
' 45.9
'64.6
'38.3
'66.7
140.9
47.2
66.3
39.4
68.2
147.3
47.5
67.1
39.5
68.7
145.5
48.4
68.6
40.1
67.6
136.1
49.4
71.8
40.3
70.1
146.5
49.7
72.9
40.3
72.3
153.5
50.9
73.0
41.9
70.8
148.8
50.6
72.9
41.5
70.5
151.6
49.4
71.7
40.3
69.4
145.7
49.2
69.6
40.8
69.4
139.9
50.6
71.6
41.9
'72.4
148.8
-•52.0
'74.2
'42.9
70.6
145.7
50.2
71.8
41.3
10, 367
187
839, 160
226, 262
^1,420.0
1, 088. 0
94.1
53.9
252, 147
145, 153
2.145
3
3
32,069
2,209
654
33, 248
2,382
621
7,929
506
138
8,944
580
173
7,994
660
153
8,381
636
157
635
889
3,525
5,794
769
1,149
1,186
640
987
3,591
5,884
822
1,414
1,221
201
225
886
1,468
107
321
293
229
265
961
1,480
263
371
348
109
243
884
1,442
273
335
244
101
254
860
1 494
179
387
336
1,320
2,947
2,518
1,326
3,138
2,594
310
697
625
369
930
653
324
760
663
323
751
653
1,025
3,222
4,229
14, 189
945
2,845
4,835
15, 058
274
855
1,019
3,606
272
821
1,230
3,797
228
404
1,272
3,452
171
765
1,314
4,203
873
707
3,002
-=
11, 367
1.853
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
By type of security :
Bonds and notes, total..
Corporate
Common stock
Preferred stock...
.
mil $
65, 562
do
"do
do
do
60, 979
17, 383
3,946
637
4,608
4,056
5,015
3,315
3,958
5,420
4,069
4,440
6,110
3,914
4,950
44, 150
2,759
1,382
1,917
1,344
18, 348
684
762
7,714
657
10
68
682
98
' RevisedL * Preliminary.
'Estimated; excludes U.S.S.R., other Eastern European
countries, China Mainland, and North Korea.
* Includes silver coin data for Jan. June
1968 not included in figures shown in the 1969 BUSINESS STATISTICS.
3 Monthly
data beginning July and annual total figures excludes silver coin.
* Includes revisions not
distributed
to months.
J Revisions for Jan. 1968-Feb. 1969 will be shown later.
3,311
1,786
694
50
4,426
1,889
553
36
2,832
944
410
72
3,232
1,701
652
74
4,770
1,282
630
20
3,085
1,390
902
83
3,769
1,860
640
32
5,588
2,080
460
62
52, 546
3,514
5,780
§ Or increase in earmarked gold (-).
SSerles revised to reflect the change in accounting
procedures associated with Euro-dollar transactions and to reflect new benchmarks and
changes in seasonal factors.
If At all commercial banks.
OTotal SMSA's include some
cities and counties not designated as SMSA's.
^Includes Boston, Philadelphia, Chicago,
Detroit, San Francisco-Oakland, and Los Angeles-Long Beach.
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1970
1969
1969
Mar.
Annual
May 1970
Apr.
May
June
July
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 9
mil $
^Manufacturing
do
Extractive fmining)
do
Public utility
do
21, 966
6,979
594
5,281
26, 744
6,356
1, 721
6,736
2,098
491
168
404
2,748
513
115
784
2,076
569
229
392
2,530
691
163
702
2,478
875
86
493
1,427
362
108
507
2,427
625
106
545
1,933
260
49
745
2,375
453
188
622
2,532
601
99
600
2,601
787
94
639
Railroad
Communication
Financial and real estate
do
do
do
246
1,766
2,820
294
2,188
4,409
44
232
274
21
44
548
8
197
273
41
191
298
25
286
389
17
126
181
31
272
442
31
120
444
23
201
533
15
277
524
44
229
269
U S Government
State and municipal
do
do
43, 596
18, 025
16,374
25, 802
4,765
11, 460
1,416
382
520
3,032
412
1,627
2,533
410
1,088
1,525
419
710
2,537
421
1,052
1,888
377
794
1,531
353
531
3,487
440
1,254
1,695
300
853
1,908
380
812
3,508
413
1,314
do
do
16, 374
8,659
11, 460
11, 928
520
783
1,627
1,292
1,088
905
710
1,072
1,052
627
794
1,140
531
1,168
1,254
795
853
1,439
812
1,230
1,467
1,314 ' 1, 198
878 ' 1, 444 1,191
11,002
1
9, 790
1
3, 717
1923
17,445
12,803
1,063
8,318
3,294
965
8,044
3,077
988
8,474
3,084
978
8,214
3,084
975
7,515
2,783
930
7,019
2,577
950
7,039
2,579
979
7,243
2,753
921
7,111
2,613
923
7,445
2,803
874
890
933
6,683 ' 6, 562 6, 353
2,441
2,463
2,626
76.4
93.4
68.6
79.0
71.0
83.7
70.1
84.2
70.2
82.3
68.8
78.6
68.2
78.5
68.4
76.1
67.2
73.6
66.5
74.9
65.6
73.4
62.9
68.7
62.2
69.7
62.4
71.7
62.8
75.6
62.8
71.9
72.33
64.49
64.90
67.73
66.68
64.84
64.75
65.18
62.64
63.05
61.08
58.71
58.33
61.63
62.04
60.89
, 669. 52 4, 501. 18
, 458. 55 5, 123. 47
388. 20
426. 23
406. 63
446. 13
422. 50
438. 10
370. 32
410. 29
330. 44
393. 16
315. 76
375. 63
271. 52
338. 22
397. 35
466. 10
318. 32
376. 13
382. 04
526. 97
363. 31
485. 34
283. 27
365. 56
313. 51
405. 30
, 401. 94 3, 550. 33
, 447. 68 4, 123. 33
306. 40
345. 57
320. 97
360. 37
299. 98
333. 90
288. 21
331. 35
269. 23
324. 81
255. 55
304. 60
210. 08
269. 61
319. 84
372. 88
261. 94
308. 69
324. 20
442. 89
314. 79
411. 57
245. 86
304. 65
267. 94
344. 36
, 814. 24 3,646.16
280. 23
325. 13
289. 74
300. 46
293. 42
245. 99
239. 42
341. 33
263.80
432. 91
304. 63
281. 84
297. 74
State and municipal issues (Bond Buyer) :
Long-term
Short-term
SECURITY MARKETS
Brokers' Balances
(N.Y.S.E. Members Carrying Margin Accounts)
Cash ou hand and in banks
Customers' debit balances (net)
Customers' free credit balances (net)
mil $
do
do
Bonds
Prices:
Standard & Poor's Corporation:
High grade corporate:
Composited1
dol per $100 bond
Domestic municipal (15 bonds)
. - do
U.S. Treasury bonds, taxablel
do
Sales:
Total, excl. U.S. Government bonds (SEC):
All registered exchanges:
Markpt value
full $
Face value
do
New York Stock Exchange:
Market value
Face value
do
do
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $
Yields:
Domestic corporate (Moody's).
By rating:
Aaa
_
Aa
A
Baa.
329. 77
6.51
7.36
7.11
7.17
7.10
7.27
7.39
7.37
7.53
7.72
7.76
8.13
8.32
8.29
8.18
8.20
__do
do
do
do
6.18
6.38
6.54
6.94
7.03
7.20
7.40
7.81
6.85
6.95
7.13
7.51
6.89
7.02
7.21
7.54
6.79
6.96
7.12
7.52
6.98
7.12
7.28
7.70
7.08
7.24
7.40
7.84
6.97
7.23
7.41
7.86
7.14
7.36
7. 56
8.05
7.33
7.53
7.79
8.22
7.35
7.58
7.84
8.25
7.72
7.93
8.21
8.65
7.91
8.15
8.35
8.86
7.93
8.13
8.31
8.78
7.84
8.06
8.17
8.63
7.83
8.03
8.22
8.70
do
_.do
do
6.41
6.49
6.77
7.25
7.49
7.46
7.02
7.23
7.16
7.07
7.26
7.25
6.99
7.15
7.27
7.16
7.38
7.37
7.29
7.49
7.50
7.29
7.40
7.57
7.42
7.62
7.68
7.59
7.91
7.76
7.61
7.94
7.83
7.95
8.39
8.15
8.15
8.54
8.38
8.11
8.47
8.39
7.98
8.34
8.33
8.00
8.37
8.34
Domestic municipal:
Bond Buyer (20 bonds)
Standard & Poor's Corp. (15 bonds)
do
do
4.47
4.51
5.79
5.81
5.25
5.34
5.10
5.29
5.60
5.47
5.68
5.83
5.93
5.84
6.26
6.07
6.19
6.35
6.13
6.21
6.58
6.37
6.79
6.91
6.78
6.80
6.16
6.57
6.11
6.14
6.79
6.55
U.S. Treasury bonds, taxable©
do
5.25
6.10
6.05
5.84
5.85
6.06
6.07
6.02
6.32
6.27
6.51
6.81
6.86
6.44
6.39
6.53
8.53
9.24
4.50
4.55
5.82
8.62
8.98
9.83
4.61
4.60
6.40
9.44
8.91
9.73
4.59
4.62
6.23
9.86
8.93
9.77
4.59
4.62
6.23
9.86
8.95
9.78
4.61
4.63
6.37
9.86
9.03
9.90
4.61
4.66
6.37
9.86
9.03
9.90
4.61
4.66
6.37
9.86
9.03
9.90
4.62
4.67
6.41
9.86
9.04
9.90
4.62
4.67
6.61
9.86
9.05
9.90
4.62
4.67
6.61
10.12
9.06
9.92
4.63
4.67
6.61
10.20
8.99
9.92
4.63
4.10
6.70
10.20
9.13
9.98
4.64
4.02
6.70
10.23
9.13
9.97
4.64
4.02
6.70
10.23
9.13
9.98
4.70
4.02
6.70
10.45
9.10
9.93
4.70
4.02
6.70
10.45
264. 62
315. 86
98.37
101. 00
262. 77
313. 15
94.55
93.90
271. 57
324. 26
99.88
104.88
277. 63
330. 61
99.64
102. 33
277. 23
330. 32
99.81
100. 84
264. 58
315. 83
94.53
92.40
249. 38
296. 79
92.47
85.98
259. 67
310. 95
91.13
87.16
252. 76
302. 90
86.29
87.15
263. 28
314. 69
92.25
87.36
252. 78
301.65
85.98
80.73
248.68
299. 54
84.62
76.96
231. 68
276. 68
80.31
73.87
244. 45
290. 09
85.35
78.55
243. 53
287. 85
87.44
74.99
222. 65
263. 96
80.06
68.32
3.22
2.93
4.57
4.50
3.40
3.10
3.42
3.14
4.88
4.90
3.72
3.37
3.28
3.00
3.22
2.96
3.23
2.96
3.41
3.13
3.62
3.34
4.41
3.42
3.25
4.51
3.49
3.27
4.59
3.70
3.18
5.04
3.91
3.62
5.42
4.28
3.99
3.48
3.18
5.07
5.36
3.80
3.87
3.58
3.27
5.35
5.36
4.03
3.61
3.44
3.15
5.01
5.35
3.61
3.19
3.58
3.29
5.38
5.78
3.95
3.28
3.62
3.31
5.47
5.33
3.92
3.65
3.94
3.61
5.78
5.44
4.20
3.84
3.73
3.44
5.44
5.12
3.61
3.58
3.75
3.47
5.38
5.36
3.72
3.66
4.09
3.76
5.87
5.88
4.14
4.29
17.69
6.92
6.93
17.69
6.74
7.33
By group:
Industrials.
Public utilities..
Railroads
._ percent .
_
Stocks
Dividend rates, prices, yields, and earnings, common stocks (Moody's) :
Dividends per share, annual rate, composite
dollars.
Industrials
do
Public utilities..
do
Railroads
do
N.Y. banks
do
Fire insurance companies
do...
Price per share, end of mo., composite
Industrials
Public utilities
.
Railroads.. ._
Yields, composite
Industrials..
Public utilities.
Railroads
N.Y. banks
Fire insurance companies
do
do
. do
do
percent
. do
_.do
do
do
do...
Earnings per share (indust., qtrly. at ann. rate:
pub. util. and RR., for 12 mo. ending each qtr >
Industrials
dollars
17.62
Public utilities
do
6.67
Railroads
do
'7.25
r
Revised.
* Corrected.
1 End of year.
9 Includes data not shown separately.
cfNumber of bonds represented fluctuates; the change in the
number does not affect the
16.18
18.54
6.92
6. 89
7.72
6.93
'7.84
continuity of the series.
^ Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 years or more.
18 35
t). »i
May 1970
S-21
SUKVEY OF CURKENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
Annual
1970
1969
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
FINANCE— Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields, preferred stocks, 10 high-grade
(Standard & Poor's Corp.)
percent-Prices:
Dow- Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks)
Standard & Poor's Corporation :d*
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43=10..
Industrial , total (425 stocks) 9
Capital goods (130 stocks)
Consumers' goods (181 stocks)
Public utility (55 stocks). .
Railroad (20 stocks)
Banks:
New York City (9 stocks)
Outside New York City (16 stocks)
5.78
6.41
6.09
6.14
6.20
6.33
6.42
6.44
6.61
6.79
6.84
7.19
7.02
7.04
6.97
6.98
322. 19
906. 00
130. 02
250. 09
301. 35
876. 72
123. 07
221. 02
322. 11
916.52
130. 90
245. 26
320. 24
927. 38
129. 14
238 01
325. 88
954.86
130. 83
238 15
305. 86
896. 61
124. 48
221. 99
286. 41
844 02
120 40
202 88
279. 78
825 46
115 76
199 24
279. 05
826 71
113. 35
199 06
280. 44
832 51
115.12
198 39
281. 02
841 09
116. 04
195 47
259. 88
789. 22
108. 36
175 32
258. 36
782. 96
109. 42
173. 64
251. 63
756. 21
108. 87
169. 83
260. 36
777. 62
116.45
174. 32
255. 71
771. 65
114. 44
167. 46
98.70
97.84
99.30
101. 26
104.62
99.14
94.71
94.18
94.51
95.52
96.21
91.11
90. 31
87.16
88.65
85.95
- . do
do
do...
do
do
107. 49
105. 77
86.33
66.42
48.84
107. 13
103. 75
87.06
62.64
45.95
108. 20
103. 76
86.69
66.07
50. 46
110. 68
105 54
88.21
65.63
49 53
114. 53
108. 66
91.57
66.91
49 97
108. 59
102. 68
88.12
63.29
46 43
103. 68
100. 55
83.04
61 32
43 00
103. 39
100 90
83.44
59 20
42 04
103. 97
102. 27
85.26
57 84
42 03
105. 07
103 67
87.29
58 80
41 75
105. 86
104 68
89.84
59 46
40 63
100. 48
100. 31
85.62
55 28
36 69
99.40
99. 70
85.42
55.72
37.62
95.73
96. 55
83.74
55.24
36.58
96.95
95. 97
85.09
59.04
37.33
94.01
93.18
82.28
57. 19
36.05
do._.
do
44.69
81.71
45.39
87.72
46.10
90.89
47.04
93.39
46.69
92.78
43.55
85.81
41.98
82.49
41.87
80.41
44.40
83.47
44.47
85.73
46.00
88.09
43.55
82.57
44.11
79.34
45.64
77.11
47.49
81.37
45.21
79.47
73.64
85.43
88.29
86.47
86.04
79.17
74.54
72.83
76.91
88.52
94.19
85.85
83.88
81.25
84.94
82.45
55.37
58.00
50.58
44 19
65.85
54.67
57 44
46.96
42 80
70.49
55.69
58.30
51.52
44 06
70.60
56.61
59 41
50 88
44 34
72 38
58.50
61 50
50.46
45 75
75.10
55.20
58 07
47.70
43 39
68 62
52.40
55 00
42 80
42 31
64 56
52.09
54 85
41 45
41 34
65 29
52.37
55 29
42 72
40 20
68 16
53.27
56 22
43 12
4o' 55
71 71
53.85
56 84
42 59
41 36
71 62
50.86
53 93
37 77
38 69
66 95
50.60
53 58
37.51
38 76
66 19
48.76
51 29
36 06
38 55
65 01
49.46
51 53
36.85
40 77
67.37
47.51
49.47
34. 99
39. 49
64.07
175 298
4 963
13 234
366
13 911
379
18 189
502
14 860
420
12 685
359
12 392
367
12 429
355
17 152
488
13 352
376
13 951
'430
12 940
396
11 850
346
11, 146
340
129, 603
3 174
9.755
237
10, 094
239
13, 081
305
10, 847
264
9,561
240
9 405
246
9 357
233
12 831
320
10 000
249
10 609
288
9,412
255
9,104
238
8,815
243
2,851
199
237
257
235
228
202
219
310
214
272
221
218
213
223
629. 45
15, 082
672. 59
13, 657
691. 07
13, 806
693. 14
14, 050
650. 50
14, 400
611.15
14, 505
641 58
14 761
627 50
14 833
661 44
14, 918
640 16
14 986
629 45
15 082
582. 67
15, 136
616. 34
15, 227
615.37
15, 306
553. 80
15, 348
Property-liability insurance (16 stocks)__do
New York Stock Exchange common stock indexes:
Composite
_
12/31/65=50..
Industrial
do
Transportation .
do
Utility .
do
Finance
_.
do
Sales:
Total on all registered exchanges (SEC):
Market value
mil $
196 358
Shares sold
millions
5,312
On New York Stock Exchange:
Market value
mil. $
144, 978
3 299
Shares sold (cleared or settled)
millions
New York Stock Exchange:
Exclusive of odd-lot and stopped stock sales
(sales effected)
millions..
2,932
Shares listed, N.Y. Stock Exchange, end of period:
Market value, all listed shares
bil. $
Number of shares listed
._. . _
millions
692. 34
13, 196
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value of Exports
Exports (mdse.), incl. reexports, total
mil. $.. 34,635.9 37, 988. 3 3,419.3 3,564.1 3,599.6
Excl. Dept. of Defense shipments.
Seasonally adjusted..
do
do
By geographic regions:
Africa
Asia
__. . _
Australia and Oceania
Europe
Northern North America
Southern North America
South America
.
_
By leading countries:
Africa:
United Arab Republic (Egypt)
Republic of South Africa
Asia; Australia and Oceania:
Australia, including New Guinea
India
_
Pakistan
_ _
Malaysia
Indonesia _ _
Philippines
Japan
..
_
_ _
Europe:
France
East Germany
West Germany.
Italy
Union of Soviet Socialist Republics
United Kingdom. ...
34,062.8 37, 314. 4
3,368.0 3,505.1
3,197.3 3,352.9
3,042.9
3,215.6 3, 186. 0
2,995.2
3,168.5
3,153.8 3, 112. 7 3,562.7 3, 415. 2 3, 362. 6 3, 238. 0 3,388.2 3, 581. 1
3,372.7 3, 325. 9 3,362.0 3, 367. 1 3, 238. 6 3, 305. 2 3, 628. 4 3, 379. 0
do
do
do
do
1, 269. 4 1, 319. 6
126.4
144.7
145.8
7, 581. 9 8, 265. 2
718.5
767.9
804.4
1, 026. 0
998.0
93.2
122.7
90.0
11,347.3 12, 619. 2 1, 182. 3 1, 179. 7 1, 237. 3
125.5
710.0
67.5
991.4
117. 9
103.4
131.2
130.3
130.4
123.1
109.4
122.9
141.6
808.6
795. 5
813.9
691.7
738.0
769.5
717.3
768.8
776.7
90. 9
91.2
78.4
81.7
96.6
110.7
96.0
77.1
77.2
999.2 1,110.7 1, 015. 3 1,210.3 1, 184. 5 1, 159. 3 1, 167. 5 1, 196. 4 1, 271. 9
do
do
do
8, 073. 8 9, 138. 0
2, 598. 8 2, 761. 9
2, 738. 6 2, 814. 4
788.9
243.0
265.7
794.3
243.9
275.1
836.3
247.2
271.4
788.3
226.7
260.6
655.2
228.7
261.2
661.3
227.3
263.0
801.6
223.6
241.8
879.2
273.9
258.8
806.3
244.1
248.5
756.6
264. 6
245.2
649.4
243.8
230.1
740.9
247.1
239.2
783.5
269. 9
280.8
do
do
48.4
455.7
67.2
505.5
3.5
49.1
8.3
52.7
5.3
43.8
13 9
40.4
7.0
44.0
5.2
51.4
4.2
38.2
7.5
50.8
5.2
40.7
4.6
50.2
13.8
39.9
3.4
35.6
5.4
40.5
do
do
do
do
874.9
717.6
301.9
53.6
860.0
517.1
195.2
51.9
86.5
48.9
19.4
4.1
107.6
57.5
17.9
6.1
76.8
60.3
13.2
3.9
58.0
69.5
16.2
4.7
67.4
77.8
12.9
3.9
77.4
46.2
13.4
4.1
64.7
31.6
16.5
5.8
93.6
19.6
18.2
4.1
85.5
27.9
31.8
4.3
65.8
47.4
24.9
7.0
69.2
51.2
23.0
4.8
77.6
53.4
19.3
3.8
77.5
58.6
27.4
7.8
do
do
do
167.1
436.3
2, 954. 3
201.1
374.3
3, 489. 7
10.0
45.6
285.7
16.8
41.7
300.0
19.6
39.3
293.1
20.6
31.3
264.4
16.7
30.1
274.0
16.3
32.1
329.8
15.1
23.7
304.4
28.4
28.5
352.7
28.3
29.6
335.3
20.6
29.0
346.5
26.5
25.9
356.7
19.8
24.7
391.3
15.9
32.5
356.7
do
do
. do
1, 095. 0 1, 195. 3
29.0
32.4
1, 708. 9 2, 117. 9
123.9
2.5
178.5
124.6
2.1
182.2
124.6
2.1
243.5
90.1
1.4
159.8
94.9
3.7
169.1
96.7
.4
169.7
88.0
1.8
224.3
101.9
5.1
207.8
96.3
4.0
193.2
118.5
7.5
191.3
112.4
1.3
209. 1
117.3
4.9
204.2
108.2
4.1
241. 9
do
do___
do
1, 120. 6 1, 261. 7
57.7
105.5
2, 288. 7 2, 335. 3
114.1
10.0
229.3
103.7
8.4
208.8
130.2
10.8
231.5
97.5
7.5
197.7
101.5
5.8
163.6
119.4
14.5
203.4
106.2
9.0
184.1
124.7
13.4
221.6
121.0
5.1
211.7
108.5
11.5
197.2
107.9
9.1
181.6
118.3
7.8
182.7
106.5
11.7
230.7
655.2
661.3 801.5 879.1
affect continui ty of the series,
9 In eludes d£ita not sh own sep arately.
806.2
756.6
649.4
740.8
783.5
North and South America:
Canada
do
8, 072. 3 9, 138. 0
788.8
794.3
836.3
Revised.
d* Number of stocks represents number currently used; the change i n numb(jr does E ot
r
3,618.3 3, 471. 2 3, 421. 2 3, 298. 4 3,432.1 3, 623. 4
3,168.3
3,548.1 3,098.2
3,296.3 3,211.2
788.2
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
| 1969
Annual
May 1970
Mar.
Apr.
June
May
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
446.2
34 3
53 9
34 5
28 7
137 6
54 7
406.1
33.3
47.1
22.6
28.4
120.8
61.2
421.7
33.6
60.6
25 2
28 4
125.2
55 4
480.5
42.2
61.5
23 9
29 8
141.2
66 1
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value of Exports— Continued
Exports (mdse.), incl. reexports— Continued
By leading countries — Continued
North and South America — Continued
Latin American Republics, total 9. _ .mil. $.
Argentina
do
Brazil
._ .
__
do
Chile
do
Colombia
do
Mexico
__
__do
Venezuela
do
By commodity groups and principal commodities:
Food and live animals 9 . .
mil. $
Meats and preparations (incl. poultry) do
Grains and cereal preparations
do
Beverages and tobacco
do
Crude materials, inedible, exc. fuels 9
Cotton, raw, excl. linters and waste
Soybeans, exc. canned or prepared
Metal ores, concentrates, and scrap
_
-do
do__
do
do._
do
do.. _
do
Animal and vegetable oils, fats, waxes
do. _ _
Chemicals
do
Manufactured goods 9
Textiles
Iron and steel
Nonferrous base metals
4, 869. 2
378 3
672.0
314 6
302 8
1, 449. 5
708 2
440.5
40.1
66.3
32.9
23.0
120.7
62.0
450.7
34.1
67.8
28 1
33.3
117.8
68 7
450.6
33.0
62.0
26.9
32.3
120.6
73.2
431.3
30.3
66.9
25.2
30.7
117.2
66.5
433.4
32.2
76.0
29.6
22.4
119.0
61.7
431. 2
34.4
58.1
37.4
27.1
116. 0
65.6
409.1
36 2
55.6
30 8
25.6
114.6
57.7
464.6
37.1
56.7
25 9
30.6
145.9
64.9
433.8
35.7
60.6
25.2
28.5
135.8
59.8
do. . 34, 199. 0 37, 444. 3 3,374.1 3,514.8 3,555.0 3,120.9 3,000.5 3,162.7 3, 142. 7 3,574.3 3, 419. 5 3 370 2 3, 255. 9 3, 379. 6 3, 584. 5
do
33, 626. 0 36 770 4 3 322 8 34558 3 503 4 3 050 7 2,952.8 3 100.9 3, 069. 4 3 518.8 3, 363. 5 3 311 6 3 195.5 3 335 7 3 542 2
do
6, 227. 2 5, 936. 3
646.0
657.8 ' 590 8 515. 3 ' 550 5
516. 9
512.3
499.8
438. 4
471 5
563 1
583.7
601.9
..do
27,971.9 31, 508. 0 2, 855. 9 2, 914. 7 2, 966. 5 2, 610. 2 2, 503. 4 2, 735. 9 2, 671. 3 2,935.5 2, 761. 7 2 779 3 2, 740. 6 2 829 1 3,021 3
Exports of U.S. merchandise, total
Excluding military grant-aid
Agricultural products, total .
Nonagricultural products, total
Mineral fuels, lubricants, etc. 9
Coal and related products
Petroleum and products
4, 699. 1
281.4
704.6
306.7
319.2
1, 378. 0
655.0
- -._
do _
do
. do
do
3, 889. 6
161.6
2, 463. 1
3, 732. 7
199.4
2 127 2
323.2
18.3
174 8
350 4
17.3
204 7
362.8
21.7
214 5
354.8
15.8
209.5
333.0
15.9
211.1
312.9
13.8
181 9
318.0
16.4
182 8
372.0
23.9
195.0
373.5
18.5
222.8
334 5
14 9
195 6
92 8
713.4
52.2
45.5
74.1
69.7
53.2
57.5
73.6
80.1
88.7
3,540. 7
459.4
810.3
586.2
3, 569. 5
280.2
822.3
711.5
298 7
14 8
100 0
40.8
384 4
64 1
94 0
61.0
343.1
41.3
63.1
66.9
262.9
23.2
37.0
64.2
301.0
36.1
49.2
71.7
292.4
17.3
33.2
86.3
274.4
16.2
35.3
75.3
392.6
19.1
137. 1
71.5
366.8
14.4
137.2
62.7
337
20
101
55
1,049.9
523.9
454.4
1, 130. 7
636.3
433.9
76.1
33.5
33 7
94 4
49 1
40 3
110.6
64.3
42.3
107.1
62.3
41.3
91.3
56 1
34.0
105.4
55.7
44.0
98.4
54.0
39.7
103.6
61.7
37.4
106.7
65.5
36.6
274.4
702.5
324.1
11.5
191.3
350 5
11.6
209 7
314 1
12 4
183 5
31.9
39.9
56.7
7
2
9
3
346.4
46.0
73.9
68.0
360 2
39 0
84 3
66.0
367 8
29 3
103 8
64.6
102 0
60 2
37 1
88.3
50.3
32.9
98 6
59 1
37 0
120 5
71 4
43 2
307.6
22.3
31.6
25.3
29.0
27.0
20.5
24.6
27.0
34.7
36 3
31.0
26.6
50.4
3 287. 0 3 382 5
300 5
331 8
334 9
286 1
298.5
310 3
282 6
297 5
289.9
302 3
318 5
320 2
342 3
4, 554. 7
575 5
972. 5
712.0
409.4
60 0
78 3
58.8
405
54
78
63
430.1
56 2
81.0
57.8
375.2
47 2
72. 5
62.2
374.6
43.9
81.8
62.2
410.9
51 6
85.2
66.3
395.9
47.1
84.5
68.6
451.9
54 7
110.8
67.6
411.3
54.2
107.4
62.2
431 2
52 2
121 1
72 0
425.6
49.1
106.8
81.3
433
50
112
85
447
55
115
81
3,939. 4
522.3
610.5
600.0
4
3
4
6
6
6
1
3
g
2
7
8
Machinery and transport equipment, total
mil. $.. 14,447.4 16, 380. 4 1, 540. 6 1 572 3 1, 563. 2 1, 325. 0 1, 244. 5 1, 320. 6 1, 334. 1 1, 505. 3 1,391.4 1 424 6 1, 359. 7 1, 430. 2 1,537 9
Machinery, total 9
do
Agricultural
do
Metalworking
do
Construction, excav. and mining.-. _do
Electrical
.
do
Transport equipment, total
do
Motor vehicles and parts
._ _ _do. _.
Miscellaneous manufactured articles
do
Commodities n o t classified. _ _ _ _ _
__do Value of Imports
General imports, total.
_
Seasonally adjusted
By geographic regions:
Africa
Asia. _
_
Australia and Oceania
Europe
Northern North America.
_. _
Southern North America.
South America _ _
By leading countries:
Africa:
United Arab Republic (Egypt)
Republic of South Africa *
Asia; Australia and Oceania:
Australia, including New Guinea.
India__ _
__
Pakistan
Malaysia
_
Indonesia
Philippines
Japan.
Europe:
France. .
_
East Germany
West Germany
Italy
_. _
Union of Soviet Socialist Republics
United Kingdom
_
North and South America:
Canada
do
do
do
do
do
do
9, 865. 4
644 4
343.4
1, 247. 8
2, 677. 7
6 515.0
3, 788. 0
2, 445. 9
1, 226. 8
943.1
63 6
38 3
110.9
249 1
596 5
351.4
241 2
110.0
33,226.3 36, 051. 8 2 9884
2 976 2
1, 122. 3 1 045 1
6, 911. 4 8, 275. 9
696.5
828 3
10 337 7 10 335 6
100
675
83
833
931
70
28
120
9
38
641
345
223
75
2
7
7
6
3
6
9
4
7
941.8
70 0
32.3
117.5
261 1
621 6
357.3
223.2
87.5
3 330 0 3 236.7
o'i 70 9
3276 3
4
7
2
2 1
815.1
59 1
29.1
105.8
215 4
510 1
317.4
195.7
115.4
805.6
55.3
26.3
116.4
213.5
438.9
235.0
197.3
80.2
847.5
46 7
28 1
106.7
238 3
473 1
245.4
222.6
109.5
808.8
47.3
28.5
102.4
229.6
525.3
352.2
209.3
131.7
928.0
55 5
33 6
114.3
257 5
579 1
373.6
224.6
119.7
857.9
50.0
31.7
117.0
227.9
533.4
342.7
201.0
155.4
107 3
770 0
80 6
020 6 1
96 1
720.5
62 1
036 4
80
726
66
977
913.7
218 8
232 6
778 0
206 0
235 4
714 9
184 2
212 6
2.5
3 2
19 4
14
17 9
7
1
6
3
90
770
81
991
1
1
7
9
69
774
106
846
4
7
8
4
9
2
8
0
114 9
710 4
72 g
904 8 1 025 4
217 3
183 6
243 9
253 7
914 6
198 4
205 8
986 2
232 5
254 6
39
23 1
19
18 0
82
763
79
873
0
4
6
7
93
778
81
979
9
3
5
9
96
657
54
861
878.7
231.9
208 9
32.4
255.9
37.8
243 0
4.4
25 9
4 5
19 8
24 4
21 3
do._
do
do
do
do
do
do
495.0
312.1
63 8
240 0
174 3
435 9
4 054 4
595.1
344 1
73 o
307 2
193 6
422 6
4 888 3
59.5
46 2
11 4
27 0
16 3
37 5
367 0
450 9
43.2
28 9
5 3
26 0
16 1
28 4
437 6
46.9
27 6
61
22 2
14 8
40 0
422 1
do
do
do
do
do
do
842 3
59
2 721 3
1 101 7
58.4
2 058 3
842 5
80
2 603 4
1 203 8
51.5
2 120 6
64 2
10
207 2
85 4
4.6
149 0
86 6
82 6
82 3
85 5
76 8
66 1
72 1
67 7
74 6
263 0
125 8
5.6
192 1
247 0
124 2
3.1
220 4
240 4
113 7
4.9
197 9
261 9
117 3
2.6
201 7
217 7
112 7
4.6
169 0
209 5
103 3
4.1
182 7
246 6
105* 0
6.7
205 7
293 9
100 4
5.0
181 1
do
9 005 2 10 389 9
844 1
881 9
878 6
913 7
777 6
714 2
904 5 1 094 6
4, 288. 2
190 2
669 9
205 9
264 0
909.8
949.8
371.8
14 3
56 9
11 2
20 1
94.2
70.7
387.5
16 8
55 0
13 2
24 4
93.5
74.8
356.3
12 6
41 4
15 9
17 7
94.9
73.3
377.0
14 6
63 1
11 8
22 6
94.2
79.8
363.2
324.6
15 1
12 6
63 9
51 9
11 1
12 2
21 0
16 1
77.6 - 72.0
76.8
83.1
388.4
12 8
60 5
12 3
23 3
87.3
86.6
4, 213. 6
155 6
616 3
151 4
240 4
1, 029. 3
940.1
46
36
6
31
4
8
8
6
M
o
90 4.
7
g
g
60
30
6
22
18
37
467
0
7
5
9
0
0
3
7
83
32
7
24
16
46
453
9
1
5
0
1
3
8
g
24 3
54
30
5
27
15
30
461
6
2
1
8
3
0
8
g
348.7
14 9
53 5
20 8
24 1
66.8
82.1
66 1
26* 0
5 0
32 3
16 4
30 6
478 6
g
37
24
6
24
16
23
410
4
3
0
6
8
1
8
105
735
66
888
07 r -I
882 0
235 2
236 6
2.5
895.4
54 1
28 1
113 5
240 1
534 8
?80. 2
206 6
113 2
969
63
31
121
246
568
307
229
6
3
4
8
4
3
2
9
117 0
32142 3 153 6 2 c)Q9 3 3 131 7 3 430 4 2 989 1 3 247 4 3 125 5 2 944 3 3 385 9
3 185 5 3 066 2 3 1 79 9 3 055 0 3 221 9 3 213 7 3 007 1 3 249 7 3 255 9 3 213 6
844.4
226 7
227 9
do
do
821.5
45.9
23.4
111.3
221.0
538.1
279.1
206.6
123.9
845 7
45 5
34 4
111 7
213 0
578 9
318 5
198 6
110 2
do _. 9, 009. 3 10, 393. 2
do
2, 259. 4 2, 518. 4
do
2 879 3 2 643 1
Latin American Republics, total 9 _ do
Argentina
..
do
Brazil
do
Chile
do
Colombia
.
do
Mexico
do
Venezuela
do
r
Revised.
9 Includes data not shown separately.
8, 597. 2
626.8
333.6
1, 098. 5
2, 284. 0
5, 850. 1
3, 370. 2
2,144. 2
924.0
4 7
90
Q
9
1
0
7
86
605
62
845
9
6
3
4
845 3
241 5
T 242 5
845 3
237 g
260 1
2 6
24 0
38
19 8
r
8
6
5
9
960 3
285 6
234 4
2 7
9g
Q
6
5
4
7
8
3
7
12 9
364 2
69 8
g
230*8
91 8
15.2
186 8
69 4
73 6
942 2
90 8
3.2
173 3
225 3
97 9
8.1
149 1
248 7
117 2
5.4
194 3
914 5
985 9
845 2
845 2
960 1
337.1
13 0
63 93
11
20 5
87.6
57.3
402.8
11 9
53 6
8 9
27 7
98.9
96.3
393.0
14 7
48 2
14 8
25 0
104.0
104.4
416.1
12 2
62 0
12 6
25 6
102! 8
107.0
429.6
12 4
43 4
7 7
27 9
125.0
89.7
7
50 3
27 g
Ft f\
23 4
-ICQ
AQ O
402 8
7
57
34
8
30
16
37
431
106
765
78
952
47 8
25 9
6 q
18 8
48 4
30 5
6 r
9e n
17 Q
g
97 n
ARA O
Apr.
SURVEY OF CURRENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1970
1969
1969
Mar.
Annual
S-23
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value of Imports— Continued
General imports— Continued
By commodity groups and principal commodities:
512 6
Agricultural products total
mil $
5 053 6 4 954 4
492 6
441 1
460 9
471 7
404 0
455 5
399 0
488 7
499 0
453 0
437 8
394 5
Nonagricultural products, total
do
28 172.7 31, 097. 5 2 500 4 2 835 3 2 783 5 2 775 l 2 716 1 2 510 6 2 737 2 2 969 5 2 585 1 2 758 7 2 653 8 2 488 9 2 873 3
Food and live animals 9
Cocoa or cacao beans
Coffee
Meats and preparations
Sugar
Beverages and tobacco
Crude materials inedible exc fuels 9
Metal ores
Paper base stocks
. .
Textile fibers
Rubber
do
do
do
do
do
do
do
do
do
do
do
4 577 3
136 0
1, 139. 7
746.5
640.1
786.3
3 345 7
1 007.8
454.8
335 1
191.8
4 530 8
168.2
893.9
863.8
638.2
777.8
3 460 3
1, 012. 6
520.8
260 1
279.5
438 9
20 5
89 1
96 4
50 9
63 8
307 5
63 0
39 8
28 8
25 4
438
10
95
74
66
68
337
81
44
36
23
Mineral fuels, lubricants, etc
Petroleum and products
Animal and vegetable oils and fats
Chemicals
do
do
do
do
2 526. 7
2 343. 2
157.9
1 129.1
2, 794. 0
2, 559. 9
136.7
1, 232. 0
225.0
208.6
11.7
111.4
Manufactured goods 9
Iron and steel
Newsprint
Nonferrous metals
Textiles
do
do
do
do
do
8 162 4
2 046. 5
862 9
2 022 5
962.4
7, 893. 3
1, 809. 1
938 6
1, 534. 6
1, 019. 0
do
do
do
do
7, 986. 9 9, 768. 2
3 688.4 4, 489. 0
182.7
203 9
1 492 1 1, 946. 9
Machinery and transport equipment
Machinery, total 9
Metalworking
Electrical
_
Transport equipment
do
Automobiles and parts
do
Miscellaneous manufactured articles
do
Commodities not classified
do
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Unit value._
do
Quantity
1957-59-100
Value ._ .
do
General imports:
Unit value
do
Quantity
do
Value __ _
do
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):
Shipping weight
thous. sh. tons
Value
_
mil. $
General imports:
Shipping weight
thous sh tons
Value
mil $
4 298 5
3 711.6
3 346. 1
1, 207. 8
5, 279. 2
4, 623. 8
4, 127. 6
1, 331. 1
454 7
27 2
84 2
68 4
78 1
67 2
313 8
104 7
47 8
21 3
25 8
431 6
32 7
92 6
82.9
38 4
68 0
271 4
75 2
41.8
20 5
27 4
411 5
19 8
103 0
83 6
36 1
63 7
244 7
72 3
41 2
21 4
20 2
473 0
18 7
96. 1
93.8
56 0
64 8
273 7
68.6
49. 5
22 9
26 0
201 4
185 5
11 7
101 8
292
261
16
99
1
9
2
7
274 7
250 6
9 6
112.2
279 3
252 4
86
110 8
296 6
270 9
10 2
129.0
620
137
79
122
73
2
7
6
4
2
636 5
152 5
87 5
114 7
80 1
656 2
121.4
76 7
144 6
99.7
569
109
71
124
81
2
4
0
3
7
696.2
137.2
81 2
146 0
99.9
964.8
436 7
13 0
204 3
873.9
383 4
13 2
179 1
892.7
389 0
15 8
171 8
862.5
387.4
12 9
151 4
839.9
381 5
18 1
154 0
957.1
449.3
17 5
191 8
528 1
473 2
413 9
127 8
490 6
440 9
349 2
113 6
503
456
346
127
475 1
420 5
350 3
89.2
458
398
326
89
507 8
436 7
380.0
105.4
363 7
15 4
62 0
94 4
56 5
54 1
290 8
91 6
40 3
23 8
26 9
368 6
55
75 3
91 0
44 7
67 1
288 8
92 2
42 7
16 8
25 2
430 1
11 2
103 5
88.1
57 3
93 0
320 7
112 8
52 0
16 7
30 4
369
16
99
54
34
72
275
90
47
18
26
221 3
202 5
11 0
101 0
227
205
10
99
6
0
2
2
229
212
10
99
2
9
2
7
247
223
13
120
4
1
9
4
726 0
180 8
83 3
136 5
88.2
728
179
81
129
86
7
1
3
7
6
645 9
160 3
74 5
116 8
93 4
707
176
82
134
87
5
6
6
0
2
698
169
84
129
84
4
7
6
6
5
895.5
398.9
19 8
157.8
889.9
401.8
17 0
161.7
790.7
391 0
15 8
171 0
716.8
388 2
16 4
174 0
845.6
394 9
16 9
179 3
497 0
429.2
335.6
112.4
488 1
431.8
365.9
117.6
398 7
334 8
409 7
120.0
328 6
274 5
392 7
108 3
450 7
400 2
393 4
121.5
6
1
6
1
6
1
4
0
8
6
6
398 9
11 9
75 4
70 4
73 0
86 8
293 5
83 0
45 3
25 3
23 1
414
18
72
84
78
62
294
93
43
22
19
238.8
224.1
11.2
124.9
219 4
198 7
13.6
108.6
212 6
196 3
86
114.5
653.1
119.2
74.4
135.9
112.9
784.1
187.3
78.5
159.0
107.0
761.5
208.6
74 0
138.7
91.5
762.9
351.2
17.4
137.2
869.8
407.1
18.7
159.1
414.9
358.7
316.0
98.2
464.9
408.4
348.1
109.2
4
4
8
7
2
1
4
7
7
0
2
396
14
71
67
58
89
304
90
39
29
22
4
6
0
4
0
8
0
6
8
3
4
4
5
9
5
1
7
2
5
4
4
2
6
8
7
8
4
0
8
9
173
195
117
182
213
115
150
173
115
202
232
117
181
211
120
196
236
p 120
p 194
P234
104
226
235
108
236
254
106
198
209
106
260
276
107
242
260
111
245
273
p 112
p 239
P267
194, 482
19,359
196, 638
19, 922
14, 081
1,787
17, 422
2,000
19, 349
2,032
18,093
1,733
18,014
1,738
18, 475
1,800
17, 310
1,694
19,529
1,995
20,116
1,953
17 845 "•16, 418
1,871
1,828
17, 148
1,894
282 751
21 139
287 152
21,542
20 826
1 793
24 724
2,075
24, 844
2,029
22 636
1,976
24 619
2,044
23 890
1,913
26 020
1,915
28 395
2 052
21 943
1 727
28 666
1 907
24 682
1 926
23 902
1 767
143
143
52
9
6.6
152
150
68
10
8.0
156
134
50
10
7.8
134
129
48
8
6.5
25.4
505
25.4
470
1 112
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
Traffic:
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_.
Express Operations (qtrly.)
Transportation revenues
Express privilege payments
_
mil. $
do
Local Transit Lines
Fares, average cash rate...
cents
Passengers carried (revenue).
..mil."
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..
5,091
5,046
4,488
330
129
4,770
126
1,295
1,284
1,143
84
32
1,282
-15
1,502
1,540
544
111
82.0
1,679
1,713
588
118
89.6
125
132
49
10
7.1
381.5
86.2
345.3
79.5
84.1
20.9
23.6
6,49X
24.3
6,310
24.0
553
» 1, 249
9,523
9,047
523
1,476
1,464
1,310
92
34
1,360
46
137
142
49
10
7.4
141
155
49
10
7.2
147
140
45
11
8.5
147
147
46
12
9.4
87.6
19.4
24.1
561
24.1
560
1,326
2,455
2,366
138
r
Revised.
p Preliminary.
» Revised to inchide trade in silver ore and bullion forrnerly reported separately; quarterly data do not reflect this cllange.
2 Numb er of carriers
filing complete reports for the year.
141
143
45
11
8.4
1,524
1,529
1 363
100
33
1,420
52
24.1
513
1,315
2,619
2,492
145
144
151
45
9
7.1
151
160
51
10
7.0
86.2
20 6
24.2
489
24.3
479
24.3
520
87 4
18 6
24.4
567
1,301
2,698
2,562
144
9 Iiicludes data not £ hown se parately.
24.7
500
25.2
528
25.4
522
Apr.
SURVEY OF CURRENT BUSINESS
S-24
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
1969
Annual
May 1970
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
170.4
174.5
Mar.
Apr.
2 59 9
TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION-Continued
Motor Carriers (Intercity) — Continued
Freight carried, volume indexes, class I and II
(ATA):
Common and contract carriers of property
(qtrly )
average 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
175
165.7
184
178
173.3
171.0
183
183
171.9
173.8
173.3
177.8
171. 5
178.2
173
178.5
170.5
172.1
472
* 136. 0
4 4133. 9
39. 1
71
170.2
145.8
45.0
70
203.5
162.1
48.5
2 741
2 481
103
2, 175
423
142
98
2,916
2,636
111
2,249
455
212
173
2,836
2,546
118
2,274
423
140
98
2,958
2,683
106
2,363
429
166
92
!
759 1
767. 9
5744.5
1 347
1.310
13, 120
12 169
187 4
184.6
1 344
2,851
200 2
196.5
1.341
3,090
192 0
188.8
1 349
3 390
197.9 2 s 67. 2
1 356
2,838
259.0
2 59 7
12 37
59
11 32
63
12 98
55
12.23
57
129
153
1 089
246
i 159
685.7
604.8
217.4
Class I Railroads
Financial operations (qtrly.):
Operatin^ 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
Traffic:
Ton-miles of freight (net), revenue and nonrevenue (qtrly )
bil
Revenue ton-miles
_ _
do ...
Revenue per ton-mile (qtrly avg )
cents
Passengers (revenue) carried 1 mile (qtrly.) mil
2
10, 860
9,750
444
2 8, 582
2 1, 595
2683
5568
11 451
10 346
439
9, 062
' 1, 729
659
461
Travel
Hotels:
Average sale per occupied room
Rooms occupied
11 35
61
dollars
% of total
r 117
Foreign travel:
U S citizens* Arrivals
Departures
Aliens' Arrivals
Departures
Passports issued... ._.
National parks, visits
.
thous
do
do
do
do
do
11 59
57
1 ^8
I 9 90
61
126
13 09
60
118
13 04
60
1 1Q
455
478
306
251
229
2,976
523
695
304
287
267
6 176
671
772
403
315
194
9,291
868
636
415
354
137
9 518
589
450
394
314
107
4 144
12 80
64
129
12 03
63
460
427
264
212
229
1 906
1 99
13 66
68
1 9fi
12 75
55
11 66
44
13 22
52
395
355
256
292
77
1 602
349
429
245
272
93
1 040
469
409
997
214
125
969
119
1 9Q
1OQ
5 021
4 820
3 084
2 613
1,748
42 392
5 911
T 5 757
3
609
r
3 039
1,820
4? 403
426
424
252
198
167
1,277
15 068
7,578
5,693
9,020
2,553
95.1
16 781
8,213
6, 506
10, 270
2, 798
100.3
4 022
1,993
1,538
2,404
674
96.4
4 153
2 038
1,607
2,512
700
97.4
4 231
2 062
1 645
2, 632
691
98.9
4 375
2 120
1,717
2,722
734
100.3
358.2
309 5
391.3
330 8
93.5
78.2
97.8
82 7
95 7
84 8
104 3
85 1
29.6
33.0
9.7
9 7
59
7 7
153 4
116.1
180 0
132.6
41.3
30.4
44 7
32.5
45 7
33 2
48 3
36 5
30.6
39.1
9.0
10 4
9 3
9
440
371
309
274
94
826
107
277
COMMUNICATION (QTRLY.)
Telephone carriers:
Operating revenues 9
mil $
Station revenues
do
Tolls, message.
do
Operating expenses (excluding taxes)
do
Net operating income (after taxes)
do
Phones in service, end of period
mil
Telegraph carriers:
Domestic:
Operating revenues. _.
mil. $
Operating expenses
do
Net operating revenues (before income taxes)
mil. $
International:
Operating revenues .
do
Operating expenses
. do
Net operating revenues (before income taxes)
mil. $..
10.4 "
"""
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
r
Acetylene
mil. en. ft
15, 385
14, 204
1,249
Ammonia, synthetic anhydrous. _thous. sh. tons.. 12,119.9
12, 713. 5 1,050.2
r
Carbon dioxide, l i q u i d , gas, and solid J do
1,014.1
86.5
1, 096. 3
r
Chlorine, gas (100% C12)
do
8 444.5 9,422 0
768.7
Hydrochloric acid (100% TTC1)
do
Nitric acid (100% TTXO 3 )
do
Oxygen (hi'jjh purity) \
mil cu ft
Phosphoric acid (100% PjOs)
thous sh tons
Sodium carbonate (soda ash), synthetic (58%
Na 2 0)
thous. sh. tons
Sodium bichromate and chromate
do
Sodium hydroxide (100% XaOH)
do
Sodium silicate, anhydrous
thous. sh. tons
Sodium sulfute, anhydrous
thous. sh. tons
Sulfuric acid (100% H 2 SO<)
do
r
1,752.1
r
6 362. 1
r
247
995
r
1, 848. 6
fi, 254 3
272 884
4 915 5
r
4,502 9
385. 1
149.4
13.1
9, 618. 7 770.8
653. 8
56.6
134.1
1,471.7
28,727.4 2,405.8
4 958 3
4r 595.7
146. 0
r
8, 867. 7
' 633. 5
'1,482.7
28, 556. 4
163.8
572.8
°3 030
420. 1
1,187
1 160
1,083.3 1,136.8
91.6
85.1
807 4
776 5
156.7
541 8
99 808
450 1
370 2
13.3
815.5
62.7
133.0
2,509.7
159.8
549 5
93 582
447 §
154 0
495 9
°1 963
393 o
155 1
464 5
21 952
345 i
383.3
392 5
379 6
12.1
12 9
12 0
811.5
803 4
797 8
62.8
52.5
41.9
124.2
116.2
112.6
2,559.1 2,337.5 2, 178. 3
*" Revised.
v Preliminary.
i Number of carriers filing complete
reports for the year.
3
3
1 rehmmary estimate by Association of American Railroads.
Data cover 5 weeks;
other months, 4 weeks.
4 Beginning with 1st quarter 1969 reporting period, motor carriers
are designated class 1 if they have annual gross operating revenues of $1 million or over; for
1 131 1 153 1 140 1 203 1 242
1 113 1 203
1,140.9 1,092.8 1,007.1 1,037.3 1,097.2 1, 060. 0 1,129.8
111.1
82. 6
110.4
93.5
98.6
99. 4
80.8
845 8
803 4
811 0
783 0
808 6
786 4
788 9
151. 0
479 6
93 123
379 7
150 2
519 3
09 751
410 7
154.3
540 8
94 o'»
438 8
145 7
528 4
93 984
408 6
160 8
557 3
93 885
447 i
410 4
419 8
3689 98
374 9
349 6
1° 4
I
11 3
14 3
13 5
824 4
840 1
821 2
858 0
793 8
63.4
60.3
49.4
50.5
60.9
119.9
120. 1
113. 0
119. 7
130.8
2,252.5 2,280.4 2,515.2 2, 424. 7 2, 708. 5
1 228 ' 1 254 1 305
948.0 1,032.5 1,170.0
91.3
'73. 7 '80.1
822 3
787 2 *• 745 4
152.4
517 0
99 535
393 <)
' 149. 6
'506 o
r91 807
^430 4
160.6
551.3
93 713
458 7
370.4
343 6
350 6
10.5
12.7
11 3
835.2
800.9 r 756. 0
51.1
37.4
'44.5
115.4 ' 117.1 124.7
2,302. 6 '2,312.6 2, 465. 7
data
prior to 1969; class 1 carriers are those having annual operating revenues of $200,000 or over.
5
Annual total reflects revisions not distributed to the monthly or quarterly data.
9 Includes data not shown separately.
t Revisions for 1967 available upon request.
S-25
SURVEY OF CURRENT BUSINESS
May 1970
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1970
1969
1969
Mar.
Annual
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
143.0
136.2
3.4
6.5
3.0
8.8
12.7
324. 8
14.5
315.5
Mar.
Apr.
CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Organic chemicals, production :d"
Acetic anhydride
Acetvlsalicylic acid (aspirin)
Creosote oil
1
147.9
143.5
3.5
3.6
3.6
10 3
9 6
99
10 2
3.0
9.0
18 9
356 1
11 0
349.9
13 3
371 3
15 8
355 7
12 7
320 4
344.1
30.5
i 624 8
774.0
27.8
34.4
50 3
64 2
29.4
31.9
51 3
70 6
22.2
29 0
51 2
69 8
28.2
26.9
51 3
72.7
708 1
189.2
564.4
81.4
r 738. 3
179.7
592.7
85. 6
65 3
192.4
57.8
7. 6
56 4
188 5
46.9
59 3
183 8
51.2
mil wine gal
do
do
303.5
305.6
2 7
' 318. 4
318.7
31.0
30.2
4 5
25 3
26 0
39
27 5
27 8
35
thous sh tons
do
do
._
do
18, 956
2,607
13, 584
1,303
16, 599
1,799
12, 229
1,233
1,304
142
955
69
1,718
1,334
233
138
mil Ib
do
mil gal
Ethyl acetate (85%)
Formaldehyde (37% HCHO)
Glycerin, refined, all grades:
Production
Stocks end of period
M^ethanol synthetic
Phthalic anhydride
mil Ib
do
do
do
mil gal
mil Ib
1,748. 0
37.5
U19 1
145.2
1
162 0 i 153 2
'4 099.6 i 4,192. 8
347.0
29.5
580 2
* 748. 3
Ut651. 6
31.2
U06 0
3.4
8.9
147.9
140.9
3.2
144.4
129.5
1.7
134.5
2.9
129.5
2.7
152.1
3.5
9 3
11.0
10 0
11 4
348 7
7 1
357 8
16.7
381.7
10 4
355.0
13.1
358.7
28.9
28.8
51 2
65 8
26.5
32 4
51 7
58.6
31.0
31 9
54 1
58 2
30.3
30 5
56 6
61.1
31.4
30 5
52 5
64 3
29.0
30.5
56 4
72 1
24.5
27.5
52 5
56.4
'26.5
••26.5
53 3
61.8
58 1
181 6
50.2
61 9
177 0
51.4
62 8
178 2
52.4
62 2
181 4
42.9
76.3
176.3
52.7
8.4
50 8
177 2
33.7
6. 6
53 2
179.7
43.8
5. 9
42.2
164.4
40.2
6. 2
48 5
166 9
40.7
7. 1
26 7
28 2
21
27 6
27 3
2 4
28.1
27.9
2.7
23 2
23 3
2 6
28 3
28.2
2 7
18 0
18 1
2 6
23 7
23.7
2 4
21.6
21.4
2 6
21 6
21 7
2 5
1 674
1 750
1,586
1,580
1 302
1 004
1 319
1 253
1,088
1 389
1 091
1 039
106
107
704
93
1 278
1 179
1 421
'l08
1 110
78
61
977
87
106
840
51
46
30
514
1
r
29.5
24.1
ALCOHOL
Ethyl alcohol and spirits:
Production
Stocks end of period
Used for denaturation
Taxable withdrawals
mil tax gal
do
,_do_ -.
do
Denatured alcohol :
Production
Consumption (withdrawals)
Stocks end of period
2.4
r
FERTILIZERS
Exports, total 9
Nitrogenous materials _
Phosphate materials
Potash materials
Imports:
Ammonium nitrate
Ammonium sulfate
Potassium chloride
Sodium nitrate
Potash deliveries (KjO)
do
Superphosphate and other phosphatic fertilizers
(100%P a 0 5 ):
Production
thous. sh. tons
Stocks, end of period __
do
109
261
210
81
368
914
141
13
7
176
11
12
5
156
38
9
2
235
15
16
5
328
14
13
14
491
18
15
16
364
6
19
9
393
19
25
16
336
16
22
17
377
9
141
95
125
45
30
433
19
29
8
396
22
125
959
93
93
122
57
1 079
3,557
»,829
205
184
24
24
354
13
4,170
4,803
560
579
540
195
108
214
325
507
453
634
331
401
4,149
4,290
381
502
395
369
398
358
339
411
277
406
316
460
354
440
379
427
347
429
393
448
336
468
r 356
r
422
227
131
do
do
do
do._.
.
162
535
448
390
352
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
Black blasting powder
mil Ib
High explosives
do
.4
.3
.1
1
1,581.7
1,924.8
423.6
492 2
Paints, varnish, and lacquer, factory shipments:
Total shipments
mil $
Trade products
.
do
Industrial
finishes
do
2,586.8
1, 427. 5
1 159.3
2 776.7
1,473.5
1 303.5
229 9
118.8
111 1
8,564
3,461
3,129
715
681
655
3,213
715
3 134
3,221
3,278
694
3,150
3 294
3 306
3 401
3 461
3 530
52.7
58.8
96.5
70.6
55 8
59 4
96 2
66.9
57 9
62 5
97.8
65.7
55 3
50 8
95 9
66.4
53 9
51 1
81 3
55.5
51 9
51 5
91 2
61.9
51 8
54 7
97 4
64.0
61 6
58 7
106 7
69.9
43 1
54 4
91 0
65. 1
43 8
55 6
87 9
55.7
44 3
49 4
85 2
54.8
Sulfur, native (Frasch) and recovered:
Production
thous. Ig. tons..
Stocks (producers'), end of period _ _ _
do
1
8, 817
2,790
744
245 2
131 9
113 3
710
256 8
143 6
113 3
723
278 0
163 0
115 1
1
(2)
496 6
254 3
145 2
109 1
261 7
149 3
112 4
253 4
133 7
119 7
(2)
390 9
512 4
234 4
119 1
115 3
186 2
91 6
94 6
755
179 9
85 0
95 0
746
r 179 o
r 85 9
r 93 1
730
197 6
102 8
94 8
241 6
130 4
111 2
660
3 604
PLASTICS AND RESIN MATERIALS
Production:
Therm osetting resins:
Alkyd resins
Polyester resins
Phenolic and other tar acid resins
Urea and melamine resins
.
Thermoplastic resins:
Cellulose plastic materials.
_
Coumarone-indene and petroleum
resins
Styrene-type materials (polystyrene)
Vinyl resins (resin content basis)
Polyethylene
__
1
628. 8
i 667. 4
1, 123. 8
i 770. 5
mil. Ib
do
do
do
i 624. 7
i 576. 4
11,038.4
1741.4
do
polymer
mil . Ib
do_._
do
do
1 186. 2
i 192. 6
17.2
16 5
16 3
14 8
13 0
15 0
i 332. 6
12,719.3
12,944.8
1
4,539.1
i 332. 6
3, 251. 6
13,638.8
5 440 7
28 8
273.0
281.5
433 4
27 9
272.2
270.4
437 1
29 6
285.9
287.4
441 9
31 2
281.9
284 1
435 8
25 9
260.8
262.3
450 1
28 5
263.9
269 5
474 1
15 6
26
272
285
480
6
4
4
3
14 8
32
279
323
492
0
0
6
3
15 5
29 4
276 9
311 5
486 6
14 0
26
280
311
497
5
2
5
7
11 0
29
275
284
448
9
5
9
4
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total t
mil. kw.-hr._ 1,436,029 1,552,299 126, 035 117,115 123, 232 129, 765 143, 951 142, 630 128, 515 129, 414 125, 601 136, 786 141,110 124, 678
Electric utilities, total
do
1,329,443 1,441,939 116 679 107 974 113 880 120 455 134 789 133 319 119 469 119 980 116 465 1°7 357 m 7*}9 l i e ni n
By fuels
do
1 106 95° 1 191 861 95 159 85 863 90 845 99 497 -i i q 'jp.p. n o' 40 r
By waterpower
do
222, 491 250,078 21,519 22,111 23, 035 20, 957 21, 023 20, 834 18, 304 18, 940 19, 524 21,330 22, 258 20, 037
Privately and municipally owned util
do
1,083,117 1,171,693 94, 008 87, 372 91,836 97, 935 109, 560 108, 870 97, 968 98,711 94, 736 103, 589 107,213 94, 335
Other producers (publicly owned)
do
270 247 22 670 °0 GO9 90 044 22 519 25 229 94 449 91 501 91 9AQ 91 79Q 90 npo
246 326
Industrial establishments, total
By waterpower
do
106, 586
110,360
do
3,383
3,283
9,356
9, 063
293
• Revised.
Revised annual total; revisions are not distributed to the monthly data.
Less than 50 thousand pounds.
1
2
9,141
8,842
300
9, 352
9,044
308
9,310
9,020
289
9,162
8,896
266
9, 311
9,050
261
9,046
8,813
233
9,434
9, 184
250
9,137
8,869
267
9, 429
9, 144
285
9, 378
9, 070
307
8,668
8,367
301
d"Data are reported on the basis of 100 percent content of the specified material unless
otherwise indicated.
9 Includes data not shown separately,
t Revised data for the months of 1968 will be shown later.
SURVEY OF CURRENT BUSINESS
S-26
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
| 1969
1969
Mar.
Annual
May 1970
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
ELECTRIC POWER AND GAS—Continued
ELECTRIC POWER— Continued
Sales to ultimate customers, total (EEI) mil.kw.-hr. 1,202,321 1,307,178 105, 614 102, 255 100, 883 105, 615 113, 510 118, 124 117, 375 110, 128 106, 862 111, 506 116, 941 113, 452
Commercial and industrial:
1265,151 286, 686 21, 852 21, 502 22, 016 24,145 26, 473 27, 370 27, 282 24, 619 23, 232 23, 651 24,464 23, 982
Small light and power§
do
i 518,834 557, 221 44, 988 45, 344 46, 251 47, 157 46, 547 48, 022 48, 257 48, 418 47, 080 47, 190 46,096 45, 583
Large light and power§
do
Railways and railroads
Residential or domestic
Street and highway lighting
Other public authorities
Interdepartmental
-
»4,540
do
t 367,692
do
1 10, 302
do
do _ 1 32, 162
13,640
do
4,531
407, 922
10, 772
35, 861
4,186
421
34, 244
905
2,891
314
366
31, 057
850
2,823
313
360
28, 231
816
2,859
350
328
29,859
794
2,976
356
348
35, 934
809
3,016
384
348
38, 103
821
3,073
385
341
37, 149
878
3,078
391
365
32, 335
948
3,075
369
379
31, 823
988
3,007
352
443
35, 759
1,044
3,063
357
453
41,404
1,032
3,122
369
403
39,068
964
3,087
365
Revenue from sales to ultimate customers (Edison
Electric Institute)
mil $ 18, 579. 9 20, 139. 3 1, 605. 0 1, 566. 7 1, 554. 1 1,632.3 1, 762. 3 1, 830. 9 1, 825. 1 1, 705. 8 1, 653. 8 1, 715. 1 1, 798. 8 1, 757. 5
GAS
Manufactured and mixed gas:
Customers end of period total 9
Residential
Industrial and commercial
••579
543
36
575
538
36
581
544
36
576
539
35
567
531
35
575
538
36
mil. therms-do
do
r 1,466
1,519
825
667
607
374
222
325
171
147
179
64
114
408
216
184
Revenue from sales to consumers, total 9 -mil. $__
Residential
do
Industrial and commercial
do
r 129.0
'81.4
'45.9
130.6
80.3
48.1
51.3
34.1
16.3
28.6
17 4
10.7
16.1
7.9
8.0
34.6
20 9
13 1
'39,950
'36,672
'3,231
40, 769
37, 413
3,307
39, 974
36, 692
3,234
39, 846
36, 622
3,178
39, 876
36, 681
3,148
40, 769
37, 413
3,307
'143,521 154, 430
44, 129
' 44, 701
' 92, 594 91, 519
50, 357
21, 623
27, 170
35, 251
9,534
24, 465
29, 483
4,067
23, 948
39 339
11, 905
25, 936
Revenue from sales to consumers, total 9 -.mil. $_. ' 8,644. 9 9,406.6 3, 399. 1
Residential
do
' 4, 476. 8 4, 800. 1 2, 002. 6
Industrial and commercial
do
' 3, 946. 4 4, 389. 6 1, 331. 5
2, 072. 9
1, 014. 0
1, 013. 8
1, 481. 4
542.0
891.4
2, 453. 2
1 241 5
1 152.9
Sales to consumers, total?
Residential
Industrial and commercial
Natural gas:
Customers end of period total 9
Residential
Industrial and commercial
Sales to consumers total 9
Residential
Industrial and commercial
thous
do
do
thous
do
do
mil therms
do
do
••825
'617
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
mil bbl
122. 41
127. 32
Taxable withdrawals
do
112. 41
116.27
Stocks, end of period . _
do
11.90
11.56
Distilled spirits (total) :
Production
mil. tax gal__ 238. 33
229. 36
Consumption, apparent, for beverage purposes
mil. wine gal__ 1344.07 i 361. 67
Taxable withdrawals.—
mil. tax gal
147. 62
164.54
Stocks, end of period
do
956. 44
991. 42
Imports
_ _ _ _ _ mil. proof g a l
75.45
87.08
Whisky:
Production
mil. tax gal-- 178. 05
169. 87
Taxable withdrawals... __ _ _
do
95.27
108. 00
Stocks, end of period.
_
do
904. 35
938. 46
Imports
mil. proof gal__
66.50
74.29
Rectified spirits and wines, production, total
mil. proof gal__
Whisky
do
Wines and distilling materials:
Effervescent wines:
Production
mil. wine gal__
Taxable withdrawals
do
Stocks, end of period
do
Imports.
do
Still wines:
Production.
do
Taxable withdrawals _ _
do
Stocks, end of period
do
Imports.. _ _ _ _ _
do
Distilling materials produced at wineries__.do
222. 89
181. 12
268. 28
19.98
11.43
10.06
13.37
11.28
10.25
13.36
10.17
9.15
13.57
13.09
11.96
13.55
11.98
11.44
13.12
11.61
10.80
13.05
10.81
10.14
12.81
8.54
8.28
12.38
9.62
9.24
11.90
9.56
8.47
12.43
9.31
8.04
12.99
20.55
20.28
21.97
21.66
18.84
17.79
15.17
12.01
17.70
22.75
19.84
20.87
28.79
13.99
973. 27
6.02
28.79
13.35
978. 71
6.48
30.80
12.93
981. 91
6.67
30.46
14.51
984. 51
6.94
29.59
14.31
983. 82
6.83
28.41
13.90
979. 91
5.81
27.79
15.19
979. 24
6.73
33.03
17.82
981. 02
11.47
33.66
14.17
983. 86
9.03
42.64
12.19
991. 42
10.84
25. 71
25.07
11.32
12.40
998. 08 1, 002. 98
5.46
5.66
7.55
17.10
9.22
921. 92
5.37
17.25
8.84
927. 80
5.51
14.37
7.86
932. 30
5.75
12.07
9.05
933. 75
6.03
10.65
9.02
934. 02
6.02
7.71
8.38
931. 47
5.10
12.22
10.14
930. 50
5.89
16.03
12.80
930. 93
10.29
14.00
9.80
932. 35
7.97
15.36
8.06
938. 46
7.30
15.30
8.10
944.66
4.67
14.96
8 27
949. 15
4.83
6.66
10.39
6.17
9.74
5.60
9.95
5.49
11.00
6.57
10.38
6.52
9.09
5.27
10.04
5.87
11.90
7.10
8.99
5.15
8.17
4.27
8.11
4.22
8.44
4.86
1.23
1.05
6.23
.13
1.17
.77
6.51
.18
1.04
.87
6.51
.22
1.25
1.12
6.56
.24
.96
.73
6.70
.17
1.40
1.19
6.77
.14
1.16
1.30
6.65
.15
1.70
1.83
6.40
.31
1.67
1.55
6.45
.29
1.97
2.04
6.19
.27
1.81
1.81
6.48
.11
1.71
1 27
6.82
.10
.12
3.75
' 277. 85
20.06
r 197. 23
306. 36 224. 83
1.19
22.28
2.92
15.89
211.75
1.91
2.48
15.59
197. 08
2.34
2.49
16.03
180. 78
2.31
1.99
12.86
169. 98
2.01
8.03
16.88
158. 76
1.71
57.81
16.46
193. 87
1.75
126. 45
19.31
293. 13
2.33
55.85
16.01
326. 97
2.50
9.49
17.90
306. 36
2.65
4.08
18.44
290. 91
1.76
3.87
16.36
274. 56
1.65
2.23
110. 58 ' 116. 55
66.71
68.02
12.17
10.29
5.25
2.23
10.98
9.40
13.00
15.80
13.70
6.19
2.41
372. 49
403. 31
4.69
2.16
3.00
2.13
2.74
19.67
118. 03
161. 97
52.16
25.52
7.62
6.55
mil. Ib
1, 164. 8
__do.
117.4
$ per lb._
.678
1, 120. 2
88.6
.686
104.7
121.4
.673
109.6
134.5
.683
116.1
162.6
.684
111.1
195.3
.684
93.5
198.0
.686
77.2
185.6
.688
67.6
155.3
.704
75.9
125.2
.693
72.2
104.3
.687
90.1
88.6
.696
101.5
77.4
.686
= 93.8
81.3
.687
106.5
91.6
.688
mil. lb__ 1, 943. 9
do
1, 276. 3
2, 002. 8
1, 287. 3
163.2
101.3
174.2
113.2
197.6
135.6
201.8
140.6
181.0
124.1
170.0
111.8
156.4
98.4
155.8
94.8
149.3
88.2
166.2
101.3
167.4
107.2
160.8
103.6
186.3
120.7
317.5
265.4
130.0
315.0
260.2
10.7
316.1
259.9
12.9
337.5
280.7
13.2
366.1
307.0
12.0
387.1
326.4
10.0
386.2
325.9
9.6
369.5
309.0
12.5
350.9
294.6
14.3
328.7
274.8
3.9
317.5
265.4
20.8
298.0
249.6
10.9
.603
.606
.606
.608
.621
.630
.636
.647
DAIRY PRODUCTS
Butter, creamery:
Production (factory)
Stocks, cold storage, end of period
Price, wholesale, 92-score (N.Y.)
Cheese:
Production (factory), total
American, whole milk
Stocks, cold storage, end of period
_do_ _
American, whole milk _ _
do
Imports
do
Price, wholesale, American, single daisies (Chicago)
$ per lb__
T
Revised.
« Corrected.
monthly or quarterly data.
381.0
318.7
168.2
.548
.603
.594
.587
.595
1 Annual total reflects revi ?ions not distribiited to the
285.7 r 286. 2
' 238. 0 r 238. 9
16.0
10.8
.659
.663
117.3
.707
310.9
260.8
.646
§ D a t a are not wholly comparal )le on a j'•ear to y«jar basis because ()f change s from 01le classificatio n to ano ther.
9 Includ es data rlot show n separat ely.
SURVEY OF CURRENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
1968
1969
Mar.
Annual
S-27
Apr.
May
June
July
1970
Sept.
Aug.
Oct.
Dec.
Nov.
Jan.
Feb.
Apr.
Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS— Continued
Condensed and evaporated milk:
Production, case goods:
Condensed (sweetened)
mil. Ib
Evaporated (unsweetened)
do
Stocks, manufacturers', case good's, end of period:
Condensed (sweetened)
mil. lb._
Evaporated (unsweetened)
do
Exports:
Condensed (sweetened) _
do
Evaporated (unsweetened)
do
Price, manufacturers' average selling:
Evaporated (unsweetened)
$ per case..
Fluid milk:
Production on farms
mil. Ib
Utilization in mfd. dairy products
do_ _.
Price, wholesale, U.S. average
$ per 100 lb_.
Dry milk:
Production:
Dry whole milk
mil. Ib
Nonfat dry milk (human food)
. do
Stocks, manufacturers', end of period:
Dry whole milk
do
Nonfat dry milk" (human food) .
do ..
Exports:
Dry whole milk
do
Nonfat dry milk (human food)
do __
Price, manufacturers' average selling, nonfat dry
milk (human food)..
$ per Ib—
87.4
1,360.0
80.1
1,405.5
6.1
7.8
9.2
6.1
6.2
6.8
8.4
109.1
135.7
157.5
147.5
139.7
136.0
103.0
8.9
94 8
2.1
1.9
99.1
105.0
3.5
2.9
2.9
3.9
3.0
83.5
124.4
3.9
53.7
151.6
188.9
211.2
194.6
147 7
42.4
33.7
52.1
37.1
3.5
4.0
4.5
2.2
7.4
2.9
6.1
2.4
4.5
4.2
4.0
2.0
8.2
2.8
4 2
4.7
3.0
6.9
5.3
(8)
70
82 2
107 0
28
97 0
o 94 0
22
113 6
19
105 0
57
90 9
6 85 1
6 88 4
4 4
34
2 4
6
(i)
23
CO
32
2 3
(6)
(6)
e 106 8
(6)
1
7.26
7.50
7.50
7.50
7.51
7.51
7.51
7.51
7.53
7.59
7.62
7.75
7.76
7 77
117, 234
58,164
5.24
116, 200
58,335
5.46
9,960
5,023
'5.37
10, 265
5,392
5.23
11,034
5,997
5.15
10, 759
6,025
5.08
10.142
5,480
'5.22
9,673
4,902
'5.37
9,165
4,226
'5.66
9 138
4,155
'5.82
8 691
3 748
'5.89
9 170
4 395
'5.87
9 412
4 685
5.81
8 840
4 558
5.69
10 053
5 313
'5.55
94.2
1,604.4
74.8
1,450.8
6.6
131.0
4.6
146.2
10.9
176.2
8.4
178.5
6.4
141.2
5.0
111.1
4.8
83.0
5 5
79 0
5 3
74 3
58
99 2
61
102 5
55
106 8
6 3
132 2
r 9 4
8.2
66
83 9
58
81 1
56
81 8
4 7
80 6
6.6
7.6
7.45
6.2
4.9
"6.9
' 112. 1
r
8. 1
6 7
r 5 7
' 130. 5
r 108 0
r 90 2
1.3
9.7
1.4
5.0
1.3
6.4
12
88
5
7
10 4
74
15
25 7
38
29 2
14
14 2
.235
.234
.234
.236
236
237
237
238
236
237
107.6
92.2
99.5
90.3
102.2
103 6
123 6
100 8
97 Q
107 1
93 9
3
i
497.4
306.6
190.8
4
.7
.3
' 420. 1
258.0
' 162. 1
.2
.1
1 09
1 09
1.00
1.00
1.06
1.06
1.08
1.08
1.08
1.07
1.08
1.07
1.06
1.06
54.8
3 1 113
3728
3
385
64.5
83.9
'•64.1
18.6
151.0
15.6
111.6
13.9
19.4
1.6
5.2
13.2
.224
.235
.235
.235
.234
mil. bu._ 1,267.4
1,059. 0
91.9
95.6
2 423. 0
371.6
247.7
123.9
17 8
2 417. 2
1.18
1.18
1.12
1.12
2 4 393
2 4 578
1.6
'78.6
7.1
' 154 4 150.9
79.0
2.3
r 141.
0
1.6
10 330
5.47
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats rye, wheat)
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:
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:
Southern States mills (Ark., La., Tenn., Tex.):
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of period
mil Ib
Exports
.
do
Price, wholesale, Nato, No. 2 (N.O.)
$ per lb__
Rye:
Production (crop estimate)
mil bu
Stocks (domestic) end of period
do
Price, wholesale, No. 2 ( Minneapolis).. $ per bu.I
Stocks (domestic) end of period total
On farms
Off farms
_
mil bu
do
do
do
do
do
do
282.8
183.8
99.0
7
2 4
17
3 197. 5
3114.9
384.6
13
1.16
1.17
1.16
1.17
1.19
1.19
1 13
1.14
4 313
3 041
' 3,
320 2^224
r
993
817
49.8
553.5
1.11
1.11
1.21
1.19
1.15
1.15
2939
784
661
123
2950
884
723
161
552
443
109
11 6
4
.72
2 104 i
California mills:
Receipts, domestic, rough
mil. lb._
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of period
mil Ib
Wheat:
Production (crop estimate), total
Spring wheat
Winter wheat
Distribution
4 233
3,276
957
594.0
' 420. 1
258.0
' 162. 1
8.3
2
2,068
1,487
KQl
38.6
1.20
1.21
43.6
51.3
1.30
1.28
1.30
1.28
1.27
1.22
1.28
1.22
3375
3275
1.19
1.15
55.3
79.6
48.6
40.2
50.3
1.15
1.12
1.15
1.12
1.22
1.19
1.16
1.17
1.23
1.22
1.22
1.21
76
8
9
12
.4
.5
7
7
«.67
.68
69
.69
.64
.63
.61
.62
225
118
67
96
336
36
63
87
43
87
59
44
79
88
209
151
79
67
235
47
60
67
63
197
125
93
71
73
127
284
266
270
250
241
228
200
544
205
464
347
333
1 636
1,687
602
450
424
461
326
406
280
374
330
373
681
291
1 410
1,894
1,862
1,322
1,176
1.16
24.5
1.18
7
4
4
3
1.0
1.26
1.25
.5
.67
.71
91 3
286
312
270
245
7 nsfi
4 774
6 136
4 818
01 o
ooq
014
423
552
2 013
4,163
.087
1 695
4,183
.085
1 713
1 509
'492
.085
1 178
1,695
1,508
.085
.085
.085
.084
.084
.085
.086
.086
.086
.085
2 23 4
24 3
1.14
2 31 4
r 29 9
1.17
20 0
1.23
1.23
1.24
3 16 0
1.22
1.17
1.06
38 3
1.07
1.12
1.13
'29.9
1.14
1.15
2 1 576
2 342
2 1 235
1 443
2 12 459
311
2 i 148
1 280
234
i 531
r 1 H2
608
463
649
581
764
1.10
1.09
672
529
143
884
723
161
2,012
1,515
1 346
1.07
1.07
2,989
2,222
7fia
44.3
2,020
1,376
r
1.06
1.06
4,313
' 3, 320
1,023
830
194
3 100
214
1^
245
-•923
3
'' xveviseu.
Revised.
* Less than 50 thousand pounds.
2 Crop estimate for the year.
3 uia
Old
c'rop only; new crop not reported until beginning of new crop year (July for barley, oats, rye,
5
and
md wheat; Oct. for corn).
< Average for 11 months; no price for Nov.
Average for
47.9
~2~
327.1
192.8
134.3
.1
408
858
629
476
372
438
254
407
294
538
375
349
362
235
337
78
306
1.18
345
1,194
819
454
608
3 328
' 752
740
'923
1,119
3 491
6
Jan.-Sept.
Condensed milk reported with evaporated to avoid disclosing operations of
individual firms.
§ Excludes pearl barley.
9 Bags of 100 Ibs.
3
r I
870
' 1, 531
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1970
1969
1969
Annual
May 1970
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Dec.
Nov.
Jan.
Mar.
Feb.
Apr.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat— Continued
ExDorts total includin0'
flour
mil bu
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ per bu_.
No. 2, hd. and dk. hd. winter (Kans. City). do
Weighted avg., 6 markets, all grades ._ . do
642.1
587.8
488.8
439.9
40.7
37.4
53.3
48.8
56.9
51.2
46.6
39.5
47.4
41.8
34.5
32.4
36.5
32.9
46.9
40.5
43.2
38.4
51.6
48.1
56.9
51.7
55.6
51.4
49.0
44.6
1.79
1.52
1.77
1.80
1.48
1.75
1.79
1.52
1.81
1.77
1.53
1.78
1.78
1.48
1.76
1.77
1.45
1.70
1.81
1.34
1.65
1.73
1.44
1.66
1.79
1.48
1.72
1.82
1.53
1.75
1.83
1.52
1.76
1.88
1.52
1.78
1.86
1.53
1.75
1.93
1.53
1.72
1.88
1.49
1.73
254, 094
4,558
567,956
20,625
364
46,121
20, 307
356
45, 631
21,217
373
47, 623
20, 758
365
46, 457
19, 620
345
44, 119
21, 455
377
47, 974
22, 201
387
49, 519
23, 357
407
51,894
22, 170
385
49,344
23, 068
402
51, 348
21,960 '21,015
383
-357
48,905 '•47,424
21,347
362
47, 936
4,595
21, 132
4,489
1,433
2,096
2,410
4,324
3,027
2,429
919
4,391
1,534
2,751
2,052
4, 595
1,499
' 2, 232
5.923
5.438
5.863
5.350
5.838
5.338
5.875
5.388
5.888
5.463
6.013
5.588
6.025
5.488
5.913
5.413
5.950
5.488
5.988
5.475
6.000
5.488
6.000
5.513
352
312
2,423
2,414
' 1, 020 r 1, 020
271
2,466
961
248
2,434
1,007
282
2,611
946
271
2,608
957
308
2,724
1,203
329
2,887
1,380
281
2,368
1,130
302
2,568
1,052
30.98
30.28
40.00
33.76
32.40
40.50
34.20
33.17
39.00
31.57
29.87
35.00
30.97
29. 20
34.00
29.85
28.37
34.00
29.10
28.81
34.00
28.71
29.30
35.00
6,852
' 1, 421
6,045
1,307
5,591
1,228
5,739
1,204
5, 708
1,095
6,611
1,266
7,100
1,374
20.23
22.71
24.35
24.90
27. 11
25.42
17.5
18.7
20.3
21.1
22.0
21.6
839
183
835
192
810
250
822
252
797
230
915
291
29.25
30.75
32.25
29.75
29.25
Wheat flour:
Production:
254, 185
Flour
thous sacks (100 Ib )
4,510
Offal
thous sh tons
569,649
Grindings of wheat
thous bu
Stocks held by mills, end of period
thous sacks (100 Ib )
4,638
23, 264
Exports
do
Prices, wholesale:
Spring, standard patent (Minneapolis)
5.927
SperlOOlb..
Winter, hard, 95% patent (Kans. City)__do
5.449
1.91
1.54
1.75
1,726
4,237
1,860
290
2, 653
965
239
2,318
850
290
2,477
983
927
28.86
29.55
37.50
29.25
29.44
38.00
30.25
31.31
31.92
33.36
31.53
32.40
5,825
1,146
6,344
1,276
6,170
1,166
5,570
1,003
6,415
1,182
1,253
25.33
25.05
25.94
26.50
27.59
25.85
24.01
22. 1
23.4
23.6
23.5
24.0
22.7
20.7
931
303
730
218
798
213
855
193
742
139
859
169
161
26.75
26.00
27.25
27.75
27.25
28.00
27.75
27.38
27.75
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous animals
3,876
Cattle
do _
29, 592
Receipts at 38 public markets. _ _ __ . do
i 11, 699
Prices, wholesale:
Beef steers (Chicago) .
$per!001b-_
27.65
Steers.stockerand feeder (Kansas City)._do
25.90
Calves, vealers (Natl. Stockyards, Ill.)__do
33.83
3,637
30, 536
r 112,
715
30.52
29.46
37.29
30.20
28.69
40.50
Hogs:
Slaughter (federally inspected). .^thous. animals,. 74, 789 ' 75, 682 ' 6, 809
Receipts at 38 public markets
do
115,932 U5,415 ' 1,366
Prices:
Wholesale, average, all grades (Chicago)
20.41
SperlOOlb..
18.65
23.09
Hog- corn price ratio (bu. of corn equal in value
18.3
to 100 Ib. live hog)
18.0
20.3
Sheep and lambs:
Slaughter (federally inspected).., thous. animals. _ 10, 888 r 10, 070
Receipts at 38 public markets
__
do
i 2, 934 i 2, 704
Price, wholesale, lambs, average (Chicago)
28.35
$per 100 lb_. 26.02
••818
176
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in) , inspected
slaughter
mil. lb__
Stocks (excluding lard), cold storage, end of
period
mil. Ib—
Exports (meat and meat preparations)
do
Imports (meat and meat preparations)
do
32, 714
33, 373
2,765
2,788
2,692
2,602
2,705
2, 650
2,917
3,170
2,617
2,872
2,892
2,537
2, 821
625
508
1,594
637
571
1,685
617
57
198
678
54
149
633
62
134
556
45
139
513
46
163
513
40
188
550
47
174
612
62
165
635
51
100
637
43
122
659
31
173
721
32
155
'743
33
175
18, 270
304
29
1,129
18, 874
363
28
1,194
1,490
282
3
140
1,492
275
1,499
238
2
99
1,591
246
1,678
311
2
131
1,805
342
2
120
1,478
343
2
62
81
1,696
378
3
135
1,460
401
2
108
1,594
118
1,570
273
2
148
1,632
363
99
1,520
254
3
85
.473
2.492
.484
.501
.546
.556
.521
.498
.478
.459
.457
.468
.488
.487
.512
545
14
510
16
43
12
43
17
43
16
40
13
40
12
38
15
45
16
47
17
37
17
42
16
45
17
40
18
47
r 22
13, 899
13, 989
1,233
1,253
1,064
1,074
1,041
1,195
1,102
1,199
1,151
1,011
1,180
11, 330
256
92
324
11, 565
211
152
316
1,026
270
12
39
1,042
324
10
33
935
299
23
33
877
246
13
28
880
196
8
29
860
168
21
982
174
11
24
1,089
202
20
27
906
221
13
23
998
211
5
27
951
210
4
19
844
237
4
33
985
'269
4
33
.537
.509
.580
.575
.559
.476
.522
.495
.536
.572
.572
.614
.572
.631
.614
.609
.592
.616
.625
.608
.628
.622
.674
.614
.679
.657
.626
.578
142
80
40
.130
135
76
15
.131
141
62
11
.139
131
55
23
.150
154
56
22
.148
167
58
30
.165
142
48
42
.170
145
70
13
.169
144
65
25
. 159
121
62
38
139
69
37
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil. Ib .
631
9,492
661
724
8,915
Stocks, cold storage (frozen), end of period, total
287
239
207
307
mil. lb_.
417
Turkeys
do
192
201
155
123
317
Price, in Georgia producing area, live broilers
.135
.145
$perlb__
.140
'.140
.131
r
Revised.
1
Annual total reflects revisions not distributed to th e months receipts d ata for 1968 repres ant
783
842
897
949
1,048
812
840
761
653
742
200
119
248
163
324
237
423
329
539
436
390
284
307
192
272
162
250
133
'223
'101
Beef and veal:
Production, inspected slaughter
do
Stocks, cold storage, end of period
do
Exports. _ _ .
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
$perlb-_
Lamb and mutton:
Production, inspected slaughter
mil. lb._
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
$perlb
Fresh loins, 8-14 Ib. average (New York) __do
Lard:
Production, inspected slaughter
mil Ib
Stocks, dry and cold storage, end of period- .do
Exports _ ._
do
Price, wholesale, refined (Chicago)
$ per lb..
1,862
94
172
.112
1,755
70
262
.145
149
92
29
.144
152
93
11
.133
1,130
r
.145
'. 165
.155
. 150
receipl s at 28 public ma rkets.
l.c.l. b asis as pr eviously
1,318
2
r 390
811
373
3
123
.506
20
334
.562
207
83
.125
.140
.140
.135
M35
.130
.120
Beginrling Jan 1969, qu otations are on c arlot rat tier than
May 1970
SUEVEY
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
OF CURRENT BUSINESS
1970
1969
1969
Annual
S-29
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar. Apr.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS— Continued
Eggs:
Production on farms
mil. casesO-.
Stocks , cold storage, end of period:
Shell
thous. casesO
Frozen.
mil. Ib
Price, wholesale, large (delivered; Chicago)
$ per doz__
192.5
191.5
16.7
16.3
16.9
16.0
16.1
15.9
15.3
15.9
15.6
16.3
16.3
14.8
16.8
59
72
51
43
52
52
173
50
237
53
300
61
213
66
120
64
85
56
45
55
64
50
51
43
46
41
79
40
'83
'41
83
42
.372
.460
.445
.404
.334
.351
.471
.433
.488
.471
.595
.627
.610
.515
.480
.374
Cocoa (cacao) beans:
Imports (incl shells)
thous Ig tons
Price, wholesale, Accra (New York)
$ per lb-_
228.2
.344
218.4
.458
27.2
.460
14.3
.455
20.7
.443
15.4
.456
25.5
.478
21.6
.469
6.3
.444
12.5
.461
18.8
.500
30.7
.458
36.8
'.395
23.9
.345
22.6
.344
Coffee (green) :
Inventories (roasters', importers', dealers'), end
of period
._ _
_ thous. bagsd"
R castings (green weight)
do
5,076
21, 165
3,811
20,851
3,249
5,370
25, 377
Imports, total
. ._
do
From Brazil
do
8,318
Price, wholesale, Santos, No. 4 (N.Y.)__$ perlb_.
.376
Confectionery, manufacturers' sales
mil. $__ 1,705
20, 232
5,780
.408
1,775
2,015
654
.383
152
2,195
643
.380
135
1,664
478
.378
118
1,747
563
.375
115
1,714
529
.375
106
1,476
329
.390
131
1,778
459
.410
193
2,327
539
.478
187
2,167
706
.490
173
1,675
400
.485
163
1,783
482
.548
159
1,841
562
1,761
323
'177
164
MISCELLANEOUS FOOD PRODUCTS
Fish:
Stocks, cold storage, end of period
3.361
4,780
3,389
5.080
3,334
5,390
3,811
5,621
...mil. lb_.
285
275
193
188
191
201
230
253
268
263
269
275
256
221
'196
Sugar (United States):
Deliveries and supply (raw basis) :§
Production and receipts:
Production
thous. sh. tons..
Entries from off-shore, total 9
do
Hawaii and Puerto Rico
do
4,395
6,680
1,707
4,298
6,352
1,502
70
98
99
116
174
145
137
370
192
95
524
148
77
548
102
95
601
171
153
576
235
653
538
144
1,036
404
141
795
438
43
647
935
41
419
158
99
399
95
do
do
do
11, 089
10, 927
2,961
10, 804
10, 655
2,796
919
903
2,737
834
818
2,698
933
918
2,580
976
965
2,396
1,019
1,008
2,164
1,058
1,077
1,698
1,077
1,062
1,396
928
814
1,625
806
798
2,307
929
919
2,796
826
815
2,858
sh. tons..
1,320
968
76
163
85
46
38
69
57
120
50
68
133
2,728
4,045
thous. sh. tons..
do
do
4,879
1,075
117
4,776
1,024
124
371
91
22
486
140
1
438
58
2
538
153
2
577
124
7
416
95
13
328
71
6
423
42
385
23
2
506
130
67
289
165
263
4
c 2
396
111
2
.075
.078
.078
.078
.078
.078
.075
.078
.078
.079
.078
.076
.081
.080
.079
.624
.101
.638
.107
.631
.103
.629
.105
.632
.107
.642
.107
.641
.108
.646
.108
.647
.108
.643
.109
.645
.109
.646
.109
.652
.111
.662
.671
155, 335
139, 962
14, 825
16, 785
17, 989
13, 655
11, 644
8,892
13, 760
11, 141
13,593
11, 773
10, 826
10, 264
15,285
3, 311. 9 3, 480. 5
138.7
142.7
291.3
132.7
268.7
142.1
287.6
138.9
281.1
144.5
244.4
130.7
281.7
128.2
294.5
116.3
341.9
113. 1
321.6
116.0
309.0
295.0 ' 302. 2
138.7 ' 120. 0
114.0
314. 5
114.7
2, 995. 9
79.4
3, 143. 7
70.5
248.9
80.0
258.4
73.9
283.7
91.4
322.0
74.7
253.5
62.5
242.8
60.2
254.3
60.2
268.4
53.0
274.9
63.3
279.4
70.5
263.7
76.4
' 263. 6
'77.3
293.9
68.8
2, 140. 9
49.1
2, 181. 9
52.1
181.0
56.1
169.3
58.7
165.1
58.2
169.5
54.1
161.0
55.5
162.6
51.0
187.2
50.1
209.8
54.4
179.2
53.8
207.0
52.1
202.5 ' 198. 4
60.6
48.5
190.4
58.1
.256
.260
.256
.257
.257
.257
.257
.257
.257
.265
.272
.272
.272
539.1
517.3
49.6
534.6
510.9
45.9
44.0
49.0
44.2
41.4
41.4
47.4
42.0
43.9
44.3
40.5
45.6
32.8
39.7
37.2
28.3
43.1
43.3
27.8
44.4
43.0
25.6
49.5
48.0
26.0
48.7
41.3
34.5
49.3
35.2
45.9
49.9
40.9
46.0
4, 745. 2
2, 478. 0
358.5
4,655. 0
2, 595. 3
348.0
380.1
215.7
419.1
386.2
228.0
335.9
372.3
211.6
306.4
363.8
219.9
281.2
382.8
211.5
283.3
374.3
208.1
290.4
383.2
220.5
303.6
432.9
238.1
330.8
393.8
211.0
353.7
398.3
208.2
348.0
170.8
69.9
155.8
171.6
75.6
84.0
.6
6.9
111.2
5.4
6.8
94.2
20.8
5.2
123.5
27.2
7.1
130.9
29.3
5.0
142.1
31.4
5.8
126.0
28.2
7.2
131.4
14.0
6.6
148.2
8.2
6.8
104.6
4.7
6.9
84.0
33.2
43.6
61.0
154.2
33.0
19.1
41.3
52.3
138.5
31.6
35.4
48.5
59.4
139.8
28.3
35.8
47.8
65.1
131.4
18.4
38.2
46.2
67.7
152.2
28.7
35.3
42.7
58.3
172.7
21.2
38.0
44.3
61.2
205.9
72
37.5
33.8
33.3
68.3
38.5
34. 1
35.5
70.4
Deliveries, total 9
For domestic consumption
Stocks, raw and ref., end of period
Exports, raw and refined
Imports:
Raw sugar, total 9
From the Philippines
Refined sugar, total
Prices (New York):
Raw, wholesale
$ per Ib .
RefinedRetail (incl. N.E. New Jersey) ....$ per 5 lb_.
Wholesale (excl. excise tax).
$perlb_.
Tea imports
thous Ib
C1)
.323
192
795
783
' 2, 827 P 2, 679
.079
FATS, OILS, AND RELATED PRODUCTS
Baking or frying fats (Incl. shortening) :
Production
mil Ib
Stocks, end of period©
do
Salad or cooking oils:
Production
do
Stocks, end of period©
do
Margarine:
Production
do
Stocks, end of period©
do
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered)-.$ per lb_.
Animal and fish fats: A
Tallow, edible:
Production (quantities rendered)
mil. lb_.
Consumption in end products
do
Stocks, end of period 1
do
Tallow and grease (except wool), inedible:
Production (quantities rendered)
do
Consumption in end products
_I
~do
Stocks, end of period 1
do
Fish and marine mammal oils:
Production
do
Consumption in end products
do
Stocks, end of period 1
do
Vegetable oils and related products:
Coconut oil:
Production* Crude
mil Ib
392.1
31.4
29.3
386.3
30.5
Refined
do
44.0
548.7
46.1
52.2
547.5
Consumption in end products
dO-.-~
730.7
60.5
63.8
732.6
63.8
Stocks, crude and ref., end of period 1f
do
197.1
184.9
155.6
153.1
205.9
Imports.
.
do
10.3
442.8
19.2
34.2
424.6
Corn oil:
Production: Crude do
452.8
39.5
39.5
40.0
465.5
Refined
do
429.6
33.0
438.1
36.8
38.8
Consumption in end products
do...
439.6
36.6
442.2
33.6
37.4
Stocks, crude and ref., end of periodf
do
40.5
54.1
68.5
54.7
65.9
c
' Revised.
P Preliminary.
Corrected. 1 Less than 500 short tons.
O Cases of 30 dozen.
d*B ags of 132.276 Ib.
§ Monthly da ta reflect c5umulati re revisi ons
for prior periods.
9 Includes data not shown sepa rately: see also note "§".
A For d ata
40.1
39.5
39.9
65.9
on lar d,
stocks
see p S-28.
39.2
41.2
36.2
37.1
42.0
37.7
70.7
64.9
©Prod ucers' anid
'47.7
'50.6
'49.0
46.7
51.8
44.0
420.4 ' 378. 4 391.7
209.4 ' 202. 6 219. 5
416.8 ' 429. 9 379.4
.7
7.1
90.8
'.5
6.0
'79.7
26.2
25.6
44.3 '42.8
55.1 '64.7
200.4 ' 139. 5
49.4
146.5
.5
5.4
66.2
11.4
44.4
65.4
127.1
30.3
38.0
36.9 ' 38. 6 44.2
37.9
41.5
34.6 '34.9
39.0
44.2
39.9
37.3 '36.0
41.1
39.7
58.3
'57.3
54.1
50.9
59.7
T Factory and wa rehouse
wareh ouse stocks.
SUKVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Mar.
Annual
May 1970
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products— Continued
Cottonseed cake and meal:
Production
thous. sh tons
Stocks (at oil mills) , end of period
do
Cottonseed oil:
Production: Crude
mil. Ib
Refined
__
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) . end of period
mil Ib
Exports (crude and refined)
do
Price wholesale (drums* N Y )
$ per Ib
lf 574. 9 2, 001. 9
135.1
74.9
201.0
163.5
175.0
192.5
155.0
215.5
106.8
179.4
69.6
155.0
57.0
99.2
74.9
64.9
221.5
61.4
229.9
79.0
240.0
74.9
232.0
83.6
' 213. 4
«- 108. 6
196.7
146.5
1, 115. 1
1,001.5
909.6
1, 425. 8
1, 252. 1
889.7
145.6
119.8
66.0
127.3
119.9
74.7
112.4
109.4
69.7
80.4
94.0
88.6
50.3
72.2
62.4
37.2
54.9
64.9
51.0
61.1
64.9
156.3
106.2
82.9
161.4
110.9
83.5
161.9
129.0
95.7
160.3
120.9
81.4
r
151. 3
125.1
84.5
140.0
129.9
90.7
272.7
398.7
246.5
430.0
466.2
12.8
.140
467.6
418.0
376.8
398.7
42.6
.163
371.7
53.0
.163
349.4
56.2
.140
383.9
56.1
.140
394. 0
52.2
.140
372.8
43.4
.140
r
.140
439.7
23.2
.140
142
.140
460.8
14.9
.140
306.6
195.6
291.8
193 9
24.8
16.9
20.8
17.1
22.0
18.3
21.6
18.2
12.8
17.0
16.1
17.0
39.5
16.2
31.2
17.1
26.7
13.8
19.5
13.9
23.0
13.7
24.2
' 16.7
21.4
15.6
157.2
.127
128 8
156.7
.119
151.9
.119
131.4
.119
121.3
.119
113.1
.119
118.8
.119
130.7
.119
132.0
.125
128.8
.125
129.0
.125
131.2
120
164.2
.119
•• 132. 6
r
13,462.7 14, 717. 2
149.2
103.2
1,260.4
150.7
1,163.4
151.6
1,246.7
162.4
1,164.7
133.2
1,200.8
140.6
1,123.8
130.8
1,096.0
108.6
1,416.2
120.2
61.7
.163
Linseed oil:
Production, crude (raw)
mil. lb_.
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of period
mil. lb._
Price, wholesale (Minneapolis)
$ per Ib
Soybean cake and meal:
Production
thous. sh. tons
Stocks (at oil mills), end of period
do
Soybean oil:
Production: Crude
_
mil. Ib
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) , end of period
mil. Ib
Exports (crude and refined)
do
Price, wholesale (refined; N.Y.)
$ per lb__
9.5
6.9
4.7
1,418.6 1, 453. 6 1,432.4
139.4
103.2
108.5
6, 149. 6
5, 227. 9
5, 401. 6
6, 804. 7
5 860 0
5, 926. 9
578.5
506.4
478.8
537.6
479.1
464.5
582.4
466.3
485.4
541.2
498.7
517.2
545.9
452.4
457.7
526.9
459. 4
480.8
511.8
489.3
513.5
660.3
513.0
531.2
657.6
526.2
527. 7
663.7
560 8
551.9
664.2
533 0
531.0
588.6
823.4
.103
517 2
761 1
611.0
18.6
.106
595.5
77.1
.107
623.5
43.2
.107
557.2
120.3
.107
563.3
69.6
.107
552.5
20.2
.099
415.4
90.9
.107
470.7
45.3
.124
492 1
100.8
.126
517 2
97 2
.118
5,005
42,410
16, 870
39, 586
17, 092
66, 505
17, 771
4,590
55, 541
20, 465
43, 536
16,864
43, 134
18, 970
4,771
61, 733
16, 794
62,293
19, 992
74,688
20,902
3,590
40, 222
4,041
44,487
5 321
45. 249
5,009
41, 845
3,986
43, 208
3,718
45,586
4,146
45, 768
576
544
599
1,962
715
14, 204
110
TOBACCO
Leaf:
Production (crop estimate)
mil Ib
Stocks, dealers' and manufacturers' end of period
mil Ib
Exports, incl. scrap and stems
_ thous. Ib
Imports, incl. scrap and stems
do
5,179
598, 916
217, 708
4,959
579,106
213, 402
Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
Taxable - _
Cigars (large) , taxable
Exports, cigarettes
'53 845
523, 007
6,759
r
26, 461
47, 118
3,820
510, 532 40, 138
' 6, 739 '537
24, 970
2,136
millions
do
do
do
4.9
l
r
l, 346.2 1, 447. 8
* 128. 3
126.0
' 626. 5
509 2
523. 3
672.3
566 4
555.7
552 0
62 7
r 558 6
46.2
552 9
151.7
4,959
77, 312
14, 416
20,483
16, 738
28, 225
17, 413
4,837
41, 111
18, 303
3,702
38, 875
3,654
38, 036
3,874
42, 627
3,538
40,900
2,089
2,027
2,329
1,935
1,967
2,608
12 652
14,606
14 103
11, 747
11, 321
13, 751
15, 280
131
108
1 229
1 405
1 376
1,196
1,154
1,440
1,586
2,700
3,900
4,400
4,000
1,971
6,600
2,993
r
118
l 710 11 803
552
1,707
597
2 242
2,958
2,597
621
2,693
604
412
502
491
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9 _
thous $
Calf and kip skins
thous skins
Cattle hides
thous hides
Imports:
Value, total 9_.
_
Sheep and lamb skins
Goat and kid skins
thous $
thous pieces
do
Prices, wholesale, f.o.b. shipping point:
Calfskins, packer, heavy , 9H/15 Ib .
Hides, steer, heavy, native, over 53 Jb
$ per Ib
do
128 679
11 862
152 446 11 220
1 652
226
1 044
14 778
13, 616
18.837
11 770
2 212
12 636
1 300
1 852
1 062
1 103
1,341
78 400
30 912
5 203
62 400
2 20 716
2 5 068
6 300
1,195
11 200
5*951
8 000
4 107
5,600
1 646
6 200
2 121
.555
112
561
146
.650
.135
650
178
.650
.170
247
033
764
413
3 381
22 041
5 856
25 224
293
312
1 955
1 987
1,966
2 189
2 330
763
228
683
177
473
171
130
115
111
4 800
1 575
4 400
1 507
3 100
694
358
417
349
548
320
.600
575
148
.575
.500
450
138
148
146
163
349
508
76
621
253
655
800
.430
.139
.450
136
92
76
426
115
701
.403
123
LEATHER
Production:
Calf and whole kip
Cattle hide and side kip
Goat and kid
Sheep and lamb
thous. skins
thous hides and kips
thous. skins
do
Exports:
Upper and lining leather
thous sq. ft
77 266
265,802
8,239
Prices, wholesale, f.o.b. tannery:
Sole, bends, light
index, 1957-59-100
Upper, chrome calf, B and C grades
index 1957-59-100
95 1
107.0
104.0
91 7
92.1
94.2
642 427
580 857
52, 868
48 901
48 271
47 571
526580
105 437
8 331
2 079
461, 707
109 065
8 423
1 742
43,363
8 578
'771
39 671
8 472
37 220
9 480
156
758
158
37 996
9 532
*597
146
726
145
2 884
2 324
232
217
230
190
129 7
133 8
131 2
131 2
131 2
118 7
134.4
126 6
139 8
124 4
138.1
127 2
137 8
127 2
139 0
LEATHER MANUFACTURES
Shoes and slippers:
Production, total t
thous pairs
Shoes, sandals, and play shoes, except athletic I
thous pairs
Slippers I _ _
do
Athletic t
do
Other footwear t
do
Exports
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt index, 1957-59—100
Women's oxfords, elk side upper, Goodyear
welt
_
index 1967-59—100
Women's pumps, low-medium quality do
r
1
4
24
6
31
Revised.
Crop estimate for the year.
* Annual total reflects revisions not distributed to the monthly data.
450
203
215
248
271
265
261
292
271
1 845
1 558
1 853
1 758
1 925
1 688
1 634
1 665
1 699
2,520
2 327
1 791
1 984
1 788
1 925
2 030
1 822
7 330
6 248
5 666
7 671
6,226
4 119
4 561
5 299
5 657
6 063
104 0
104.0
105 5
105.5
105 5
111 5
111 5
112 3
112.3
112 3
97 8
96.6
81 2
81 2
85 6
85 6
500
347
521
288
491
95 9
455
94 7
330
485
539
543
431
393
531
r I
1 775
835
6 824
6,312
94 5
90 9
43 066
49 718
47 631
52 979
43 237
44 928
47697
47 580
50,552
33, 711
8 776
38 251 36 302
10 480 10 364
' 755
*825
40 115
11 874
32, 970
9 407
37 177
6 828
'775
39553 '39 228
7 299 r 7r 487
696
700
40, 813
8,784
148
145
169
780
175
221
154
189
195
137 1
137 1
137 1
128 7
142 0
128 7
139.7
128 7
142 8
154
140
815
175
714
146
162
207
228
172
189
131 2
131 2
131 2
135 7
137 1
127 2
139 0
127 2
140.7
127 2
140 7
127 2
143 0
128 7
142 3
475
104
r
9Includes data for items not shown separately.
^Revisions for the months of 1968 will be shown later.
Apr.
SURVEY OF CURRENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
Annual
S-31
1969
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec,
Jan.
Feb.
Mar.
Apr,
LUMBER AND PRODUCTS
LUMBER— ALL TYPES 9
National Forest Products Association:
Production total
mil
Hardwoods
Softwoods
._
_ _
Shipments, total
_- Hardwoods
Softwoods
Stocks (gross), mill, end of period, total
Hardwoods
_ __. _
Softwoods,.
Exports, total sawmill products
Imports, total sawmill products
SOFTWOODS
_
37,094
6,960
30, 134
2
37,564
2 8, 001
29, 563
3,321
38, 052
7,762
30, 290
2237,403
8, 646
28 757
do
do
do
5,086
5,491
4,172
4,740
do
_do
1,143
6,087
bd ft
do
do .
-do
do
do
Douglas fir:
Orders, new
mil. bd. ft._
Orders, unfilled, end of period
. _ do
Production
_
..
do
Shipments _
do _
Stocks (gross), mill, end of period
_do
Exports, total sawmill products
do
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, construction, dried, 1" x 4", R. L.
$perM bd. ft-_
Flooring, C and better, F. Q., I" x 4", R. L.
$perM bd. ft..
Southern pine:
Orders, new
mil. bd. ft._
Orders, unfilled, end of period
do
Production
do
Shipments. _1
- _do
Stocks (gross), mill and concentration yards, end
of period
mil. bd. ft..
Exports, total sawmill products
M bd. ft_.
Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1957-59 =100__
Flooring, B and better, F. Q., 1" x 4", S. L.
1957-59=100..
Western pine:
Orders, new
Orders, unfilled, end of period
Production
Shipments.
.
...mil. bd. ft..
do
do
do_._
Stocks (gross) , mill, end of period
do
Price, wholesale, Ponderosa, boards, No. 3,1" x
12", R. L. (6' and over)
$ per M bd. ft_.
HARDWOOD FLOORING
Oak:
Orders, new
Orders, unfilled, end of period
Production
Shipments
Stocks (gross) , mill, end of period
mil. bd. ft
do
do
do
do
3,427
3,089
3,062
3,121
3,205
688
680
698
2,585
2,401
2,382
718
2,403
2,507
2,663
3,325
3,081
2,990
3,048
3,111
3,335
691
723
2 360
2 296
2 314
2,420
2,612
3,270
685
2,692
625
2,802
3,355
3,345
629
778
2,577
688
2 657
745
2,580
721
694
734
3,391
728
2,876
699
2,736
2,856
2,805
617
550
608
2,186
2,248
2,925
2,699
2,633
2,647
2,197
569
692
2 130
1 941
2,039
2,177
728
2,188
608
5 246
5,194
5,354
5 430
5,426
5,434
5,491
5 748
5,929
654
5,444
703
5 218
4,414
4 543
4,540
4 582
4,713
4 794
4,777
4,733
4,716
4 740
4 995
5,101
158
6, 263
73
724
103
664
106
549
101
554
88
537
91
495
120
528
103
525
85
443
116
435
515
92
423
9,047
7,811
486
668
818
696
704
612
542
577
439
697
526
600
487
659
476
776
495
556
433
685
486
591
468
628
474
8,802
8,804
955
8,250
8,146
1,010
775
659
846
810
703
774
661
679
622
610
1,118
1,147
1,074
1 055
1,067
645
639
403
102
301
359
88
271
22
4
18
31
10
21
32
7
26
33
10
22
28
4
24
107. 85
113. 52
147. 11
140.41
125. 96
109.95
95.71
166. 36
212. 59
208.29
213. 84
215. 44
213. 07
218. 84
7,145
7,336
422
324
722
505
579
415
559
355
528
320
6,870
7,030
7,645
7,434
670
704
701
669
666
619
651
563
914
822
751
J
l
2
5,162
748
636
641
636
667
693
718
751
753
828
743
757
619
618
1 073
1,084
1,013
1,014
628
632
687
609
1 010
1 088
31
7
23
35
9
25
37
9
28
19
4
15
37
8
29
95.08
94.61
94.28
96.15
95.37
92 86
215. 44
215. 44
222. 46
225. 60
227. 24
227 24
573
303
625
330
617
334
671
331
585
339
505
324
502
322
512
329
642
590
607
598
594
613
671
674
576
577
552
520
574
552
505
1 418
1 465
7 359
5 976
681
670
628
622
1,094
34
7
27
Kf]A
104
488
1,137
1,348
1,111
1,143
1,190
1,278
1,330
1,339
1,320
1,317
1,316
1,348
90,477
2 75,687
9,367
7,699
9,086
6,882
5,764
5,947
7,615
6,718
5,821
8,597
119.0
132.0
148.4
149.8
149.2
143.9
134.9
126.2
116.8
115.4
113.6
112.5
114.4
113.0
127.0
128.9
130.2
130.2
128.7
125.4
124.9
124.9
126.8
128.3
129.2
129.2
10,881
9, 592
539
364
864
530
769
452
839
416
794
389
881
391
818
443
867
438
884
430
674
385
723
364
637
399
680
407
10, 851
10,900
10, 000
9,768
922
899
908
847
904
875
800
821
849
834
849
811
913
872
900
892
702
719
744
744
668
602
704
672
1,396
1,627
1,473
1,534
1,563
1,542
1,557
1,595
1,636
1,644
1,627
1,627
1,693
87.72
107. 18
145. 12
163.54
145. 05
110. 28
82.19
79.64
74.90
76.02
77.83
86.00
90.55
496.5
23.9
380.6
12.0
31.2
21.8
27 4
17 5
29 2
14 1
30 1
12 7
38 7
16 8
33 6
14 9
32 g
15 1
36 7
16 6
24 2
13 2
24 1
12 0
21.6
10.5
21 2
9 8
459 3
485.1
23.5
393.1
387.8
29.6
33 9
34.0
25 3
35 4
32 9
27 g
33 0
32 4
27 7
31 2
31 6
26 3
29 7
34 1
22 0
31 8
35 0
20 1
32 1
32 3
19 9
36 8
34 8
21 9
28 2
26 9
23 2
29 8
23 9
29 6
29 3
23.0
35 2
24.8
20.5
38.5
37
11
27
5,977
1 725
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous sh tons
Scrap
do
Pig iron
do
Imports:
Steel mill products.
Scrap
._
Pig iron
_
. _
do
do
do
2 170
6 572
2 5 229
9 176
441
529
1
O^Q
754
2
411
826
1
353
898
1
471
797
2
470
AKfl
1 200
1 054
1 025
639
1
636
842
7
693
736
27
654
792
27
690
539
31
698
781
2
17 960
14 034
876
31
22
1 505
1 727
1 432
1 412
' 42
1 249
1 311
1 297
' 26
1 008
1 139
781
20
4
697
29
859
32
3
4 857
3 416
8 311
7 454
4 798
3 318
8 054
7 520
4 790
3 205
8 177
7 369
4 661
3 037
7 835
7 216
4
2
7
7
26 38
28.00
25 33
27.00
28 32
30.00
29 10
31.00
29 20
30.00
11
327
799
44
412
417
40
22
37
41
63
76
fa
24
40
34
d\
29
43
39
29
46
41
Af\
Q
Iron and Steel Scrap
Production
.. -thous. sh. tons 22 53 545 56 049
Receipts, net f
.__ do
33, 587
36 708
2
C onsum pti on
do
87 060
94 369
Stocks, end of period..
__
do
7 882
6 448
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$ perlg. ton
25 06
29 76
Pittsburgh district
do
27.00
32.00
'Revised.
' Preliminary. 1 Less than 500 tons.
* Annual
not distributed to the monthly data.
9 Totals include data for types of lumber not shown separately.
total reflects revisions
499
795
320
204
4
2
7
7
510
799
506
015
31 82
34.00
808
940
874
917
5 035
3 366
8 464
6 876
4 625
2*928
7 943
6 532
4
2
7
6
34 18
37.00
33 12
34.00
32 13
34.00
34 30
35.00
4
2
7
6
662
980
742
448
4
2
7
6
521
778
529
247
39 29
40.00
t Receipts previously shown for the period Apr. 1967-Sept. 1969 have been corrected to
represent net receipts (i.e., less scrap shipped, transferred, or otherwise disposed of during the
period),-data comparable with the net receipts shown through Mar. 1967 appear in the Feb.
1970 SURVEY, p. S-31.
SURVEY OF CURRENT BUSINESS
S-32
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
| 1969
Annual
May 1970
Mar.
Apr.
May
June
July
1970
Aug.
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Mar.
METALS AND MANUFACTURES—Continued
IRON AND STEEL-Continued
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous Ig tons
Shipments from mines _
do
Imports
_ _
do
85, 865
182,531
43, 941
89, 241
91, 849
40, 758
5,884
2,456
1,521
6,104
5,297
2,856
9,514
10, 491
3,426
9,693
11, 563
2,906
9,611
12, 052
4,018
9,710
12, 075
3,706
8,893
11,116
5,1£8
8,596
10,221
6,002
5,712
7,490
3,997
5,327
4,824
4,072
5,353
2,658
2,189
5,089
2,583
2,307
1,936
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
do
Consumption at iron and steel plants
do
Exports
_ - - - _ do
118,581
120, 449
5,937
126, 165
128, 550
5,430
4,602
11,144
162
7,281
11, 013
436
13, 330
11,396
656
12, 519
10, 751
523
15, 335
10, 385
675
14, 510
10, 404
807
15, 157
10, 342
466
15, 001
11, 244
'335
11,928
10, 762
341
9,832
11, 083
417
4,012
10, 482
334
3,880
9,562
315
4,561
10, 788
197
67, 303 ' 60, 074
13, 652 25, 153
51,003 '33,490
2,648
1,431
56, 765
26, 105
29, 683
977
57, 742
25, 127
31,617
998
57, 602
23, 267
33,410
925
60, 484
20, 820
38, 397
1,267
62, 505
18, 454
42, 515
1,536
65, 523
16, 245
47, 331
1,947
68, 512
14,918
51, 088
2,506
68, 047
13, 141
52, 254
2,652
67, 303
13, 652
51, 003
2,648
63, 147
16, 170
44, 488
2,489
59, 832
18, 795
38, 814
2,223
32, 587
1,804
41
Stocks, total, end of period
At mines
At furnace yards
At U.S. docks
do
do
do
do
Manganese (mn. content), general imports
72, 019
15, 990
53, 232
2,797
do.- .
953
1,124
60
126
81
69
95
105
122
94
117
123
106
45
Pig Iron:
Production (excluding production of ferroalloys)
thous. sh. tons-- 88, 780
Consumption
_ _ . d o .. i 89,953
Stocks, end of period
_. -thous. sh. tons_2,342
95, 015
94, 486
1,715
8,196
8,238
1,971
8, 150
8,083
1,933
8,414
8,282
1,864
8,055
7,896
1,932
7,836
7,680
1,991
7,699
7,742
1,894
7,739
7,732
1,828
8,292
8,253
1,760
7,955
7,923
1,720
8,132
7,965
1,715
7,668
7,559
1, 752
8,059
62.70
63.00
«63.50
63.78
64.00
64.33
62.70
63.00
63. 50
62.70
63.00
63.50
62.70
63.00
63.50
62.70
63.00
63.50
63.15
63.00
63.50
65.20
65.50
63.50
65.20
65.50
66.00
65.20
65.50
66.00
65.20
65.50
66.00
65.20
65. 50
66.00
65.50
66.00
923
15,034
8,710
1,091
15, 935
9,187
1,023
1,376
774
993
1,391
802
1,032
1,353
778
1,019
1,361
815
1,097
1,192
720
1,144
1,286
756
1,143
1,402
811
1,150
1,498
886
1,096
1,260
735
1,091
1,273
716
1,080
' 1, 214
'674
1, 072
1,194
699
137
1,102
588
117
'1,171
'672
129
110
59
130
105
60
127
97
54
119
96
54
143
80
50
141
93
56
130
97
58
121
103
64
115
79
49
117
82
48
' 109
'78
'45
108
78
45
12, 400
150.3
12, 143
152.1
12, 356
149.8
11,810
147.9
11,365
137.8
11,421
138.4
11, 523
144.3
12,324
149.4
11,916
149.3
11,812
143.2
11, 243
136.3
430
169
145
442
168
140
453
172
135
457
161
134
455
156
129
462
135
112
433
153
127
420
167
138
430
151
128
446
152
125
'435
'147
'120
433
148
121
i 93, 877
8,199
8,269
8,304
7,971
7,629
7,710
7,896
8,439
7,560
7,654
8,538
7,242
6,373
6,244
8,238
1,514
514
532
709
165
494
533
734
156
520
551
756
140
450
532
749
130
466
552
729
102
527
495
630
104
582
526
655
104
604
554
719
108
649
528
653
105
704
519
662
131
610
523
697
128
584
553
756
144
14, 354
8,659
3,659
1,923
9,232
3.256
6; 555
38,111
12,471
16, 427
1,216
776
263
167
1,017
286
576
3,185
968
1,419
1,304
795
320
178
930
303
553
3,263
1,034
1,448
1,285
758
352
165
842
284
575
3,352
1,056
1,482
1,229
716
337
167
848
293
563
3,177
1,080
1,312
1,145
669
325
143
759
252
582
3,042
1,013
1,283
1,174
681
334
150
691
271
567
3,251
1,107
1,358
1,194
701
320
162
702
279
571
3,284
1,093
1,398
1,307
790
342
164
694
312
518
3,624
1,245
1,526
1,157
701
297
149
598
237
449
3,185
1, 112
1,337
1,146
703
291
142
699
230
598
2,964
1,015
1,260
1,126
718
244
155
594
235
1,276
3,351
1,170
1,422
1,068
665
252
142
630
237
331
2,939
1,122
1,143
Pig Iron and Iron Products
Prices:
Composite
_ _ $ per Ig. ton
Basic (furnace)
_- .
_ __
do
Foundry. No. 2, Northern
- do
Castings, gray iron:
Orders, unfilled, for sale, end of period
thous. sh. tons-Shipments, total
_
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of period
thous. sh.tons-Shipments, total-_ .__
do
For sale.. _ _
do
Steel, Raw and Semifinished
Steel (raw):
Production
thous. sh. tons_- » 131,462 1 141, 262
Index
- dally average 1957-59— 100
135.0
i 145. 4
Steel castings:
Orders, unfilled, for sale, end of period
thous. sh. tons_371
446
Shipments, total
do
1,900
1,731
For sale, total..
do
1,437
1,583
r
10, 498 11,886
' 140. 9 144.1
Steel Mill Products
Steel products, net shipments:
Total (all grades)
thous. sh. tons _ i 91, 856
By product:
Semifinished products
do
4,821
Structural shapes (heavy), steel piling.. ..do
6,149
Plates
do
8,401
Rails and accessories
do
1,462
Bars and tool steel, total
Bars: Hot rolled (incl. light shapes)
Reinforcing--- _
Cold
finished
Pipe and tubing
___ .
Wire and wire products
Tin mill products
Sheets and strip (incl. electrical), total
Sheets: Hot rolled
Cold rolled..By market (quarterly shipments):
Service centers and distributors..
Construction, incl. maintenance
Contractors' products
Automotive
Rail transportation
Machinery, industrial equip., tools
Containers, packaging, ship, materials
Other
do
do
do
do
do
do
do
do
do
do
do
do
do
do
16,099
12, 195
4, 922
* 19, 269
1
'i 17, 565 4,021
'111,402
2,720
' i 4, 768 1,142
' 1 18, 276 4,828
4,656
3,262
1,258
4 587
4,468
2,789
1,216
4 481
4,454
2,610
1,167
4,415
2 1,468 2 1, 431
2833
2800
2353
2376
2 1, 501 2 1, 181
2 1, 550
2935
2396
2 1, 189
916
1,401
1,741
5,783
943
1,542
1,862
6,435
721
1,333
1,838
6,388
774
1,422
1,709
7,102
2297
2507
2 1, 298
2 2, 291
2302
2496
2384
2 2, 262
2318
2521
2494
2 2, 842
9.8
5.6
5.7
9.8
5.6
5.7
10.2
6.4
6.0
'10.2
'5.7
5.7
10.0
p 5.8
p 6.0
' i 3, 343
' i 5, 690
' ! 7, 145
'125,687
10.1
6.1
6.1
10.1
6.2
6.2
10.1
6.0
6.0
9.8
5.6
5.9
10,0
5.2
5.0
10.5
70.1
68.7
9.8
69.3
70.0
6.3
'6.3
5.5
5.8
5.6
5.7
5.8
6.1
5.9
5.8
5.9
'6,3
••6.1
'6.1
9.9
9.0
11.7
10.2
10.3
9.5
10.3
9.6
10.4
9.5
10.5
9.5
10.8
9.6
11.0
9.5
11.0
9.5
11.0
9.6
11.3
9.9
11.7
10.2
11.7
9.2
'11.5
9.3
.0873
.0908
.0908
.0903
.0903
.0931
.0917
i Annual total; monthly rev sions are ilot availsible.
2 For moiith show n.
.0933
.0933
.0933
.0933
.0933
Service centers (warehouses) ...
do
Producing mills:
In process (ingots, semifinished, etc.)
do
finished (sheets, plates, bars, pipe, etc.) -do
Steel (carbon), finished, composite price.. .$ per lb_.
1
1
do
»3,048
do
»5,469
1
do
7, 902
"do"" i 22, 952
Steel mill products, Inventories, end of period:
Consumers' (manufacturers only) _. mil. sh. tons
Receipts during period
do
Consumption during period
do
'3 Revised.
v Preliminary.
For eleven months.
13, 660
8,497
3,241
1,815
10, 078
3,393
7,267
36, 624
10, 782
16, 336
8,244
10.0
5.3
5.3
9.8
5.9
6.1
10.0
6.4
6.2
p 11.5
p 9.4
Apr.
SURVEY OF CURRENT BUSINESS
May 1970
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1970
1969
1969
Annual
S-33
Apr.
Mar.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons.. 3, 255. 0
1 925. 0
Recovery from scrap (aluminum content) do
Imports (general):
!Metal and alloys crude
Plates, sheets, etc
__ .__ _ _ _
Exports metal and alloys crude
3, 793. 1
958.0
317.2
77.0
309.4
91.0
323.8
90.0
313.0
88.0
321.2
71.0
318.0
76.0
313.0
77.0
326.9
83.0
318.7
79.0
332.2
72.0
334.7
66.0
305.2
69.0
339.7
685.2
61.8
180.3
468.6
57.2
344.4
49.2
5.7
12.1
57.9
7.0
31.8
42.1
5.6
23.7
41.1
5.4
24.5
41.4
6.7
38.1
37.4
4.3
34.9
35.6
4.4
43.1
32.9
4.4
43.9
28.6
3.9
31.6
26.9
4.5
41.1
35.3
7.1
49.5
40.4
.8
50.2
33.3
8.9
43.1
.2557
.2718
.2700
.2700
.2700
.2700
.2700
.2700
.2700
.2765
.2800
.2800
.2800
.2800
.2800
mil. l b _ _ 9,864.8 '10,721.5
7,170.0 '7,652.8
do
3, 404. 6 '3,711.9
do
1, 588. 2 1, 698. 1
do
907.6
659.3
317.9
151.9
909.4
651.4
312.1
151.6
931.5
687.5
337.4
146.7
928.8
656.6
321.5
142.0
873.6
626.9
302.4
114.0
849.5
606.5
297.5
130.4
933.3
640.7
300.7
142.7
932.5
647.5
300.7
157.3
849.2
586.2
277.4
130.7
911.7 r 837. 4
630.9 r 583. 6
314.6 r 272. 2
129.7
137.1
832.7
597.2
286.2
131.5
3,773
3,768
3,742
3,826
3,826
3,781
3,781
3,770
3,749
3,815
3,921
131. 5
149.3
124.3
25.0
36.4
r 127. 4
151.0
127.3
23.7
36.8
129.3
141.8
118.2
23.6
40.5
123.2
134. 5
113.5
21.0
37.5
125.2
130.4
108.9
21.4
39.1
127.7
133.6
111.4
22.2
40.6
140.6
157.1
127.5
29.5
44.9
140.0
145.6
123.9
21.7
41.0
140.6
159.0
140.4
18.6
41.4
do
__ _ _do-__
do
Price, primary ingot, 99.5% minimum.-. $ perlb..
Aluminum products:
Shipments:
Ingot and mill prod, (net ship.)§
Mill products total §
Plate and sheet
Castings A
Inventories, total (ingot, mill prod., and scrap)*
do
3,725
3,749
3,745
Copper:
Production:
Mine recoverable cooper
thous sh tons
Refinery primary
do
From domestic ores
do
From foreign ores
do
Secondary, recovered as refined
do
1, 204. 6
1, 437. 4
1, 160. 9
276.5
400.9
1, 558. 0
1, 742. 8
1, 468. 9
273.9
465.6
132.9
155.3
126.5
28.8
37.9
716.7
405.4
415.1
131.1
39.5
10.9
40.8
11.0
44.2
13.7
32.5
15.9
33.7
8.5
36.3
9.4
38.3
7.2
32.9
12.3
36.3
15.8
360.8
240.7
286.2
200.3
31.6
24.0
27.7
19.0
24.0
15.7
23.7
17.0
23.2
16.3
28.9
18.5
28.1
17.9
23.8
15.6
21.2
13.7
1,876.4
Consumption refined (by mills etc )
do
171.5
Stocks refined end of period
do
114.9
Fabricators'
do
Price, electrolytic (wirebars), dom., delivered t 2
.4225
$ per lb_-
2, 145. 0
170.3
124.4
180.3
165.9
103.5
187.0
153.8
106.6
183.6
152.3
108.5
194.1
138.8
104.1
141.7
164.5
122.7
167.5
159.4
115.8
180.1
138.9
92.5
194.7
150.2
95.1
181.1
162.9
106.7
180.5 p 170. 1 T> 186. 6 p 200. 8
170.3 p 175.1 P 176. 4 p 180. 4
124.4 P123. 1 v 118. 2 p 112. 9
.4793
.4479
.4495
.4589
.4642
.4645
.4832
.5176
.5248
.5252
.5289
2,757
2,364
791
3,111
2,588
853
831
617
221
359.2
i 550. 9
501.9
604.2
39.1
53.8
42.6
50.9
44.2
49.7
45.5
50.1
44.7
44.1
45.5
48.8
43.5
53.0
41.7
55.4
41.3
49.8
424. 6
1,328.8
389.6
1, 375. 2
36.5
116.5
47.1
114.4
32.1
115.9
34.6
114.6
38.1
100.5
36.6
111.7
25.1
122.5
37.5
130.5
146.8
165.7
134.0
136.7
135.5
135.0
150.1
160.7
171.0
15.3
88.9
25.5
151.0
11.2
105.7
12.9
121.3
18.7
127.6
18.1
135.6
15.0
142.4
15.3
145.1
17.7
146.6
57.8
.1321
64.9
.1490
56.4
.1400
55.2
.1440
54.3
.1450
51.6
.1486
55.9
.1545
59.0
.1550
3,266
57, 358
122,495
1 2, 978
81, 961
58,859
0
54,950
23, 030
3,000
80, 571
57, 816
0
5,218
1,970
255
6,755
4,890
0
6,590
2,120
235
7,250
5,145
0
7,177
1,935
275
7,130
5,075
0
4,544
1,980
270
6,905
4,965
0
3,607
1,710
250
6,435
4,870
5,027
18, 534
1.4811
3,217
13, 830
1. 6444
244
15,515
1. 5552
137
15, 635
1. 5681
154
14, 940
1. 5667
581
15, 325
1. 5900
124
14, 680
1. 6200
47.3
46.4
Imports (general):
Refined, unrefined, scrap (copper cont.). .do
Refined
do
Exports:
Refined and scrap
_ _- -do _ _
Refined
do
Copper-base mill and foundry products, shipments
(quarterly total):
Brass mill products
mil Ib
Cooper wire mill products (copper cont ) do
Lead:
Production:
Mine, recoverable lead
thous. sh. tons._
Recovered from scrap (lead cont.)
do
Imports (general) oro (lead cont ), metal
Consumption total
do
do
Stocks, end of period:
Producers', ore, base bullion, and In process
(lead content) A"R!MS
thous sh tons
Refiners' (primary), refined and antimonial
(lead content)
thous sh tons
Consumers' (lead content) cf
do
Scrap (lead-base, purchased), all smelters
(gross weight)
thous. sh. tons_.
Price, common grade (N.Y.)
$perlb__
Tln:
Imports (for consumption) :
Ore (tin content)
Ig. tons
Bars, pigs, etc
do
Recovery from scrap, total (tin cont )
do
As metal.
_
do
Consumption, total...
_ __ _-do_-_
Primary ._ _
do
Exports, incl. reexports (metal)
_ _ _ _ .do
Stocks, pig (industrial), end of period
do ...
Price, pig, Straits (N.Y.), prompt
$ per lb..
Zinc:
Mine prod., recoverable zinc
Imports (general) :
Ores (zinc content) __.
Metal (slab, blocks)
140.1
120.9
19.3
37.7
142.5
157.5
136.8
20.6
47.2
31.5
11.8
24.5
11.7
25.9
6.8
25.8
10.0
20.0
14.9
25.1
18.6
30.3
20.0
27.3
18.8
9
r 131.
8
.5625
4.565
41.4
49.2
47.8
46.7
46.9
45.8
28.2
112.1
28.5
116.7
28.2
' 116. 1
36.2
109.0
176.1
172.3
165.7
158.0
162.7
20.5
141.3
22.7
148.4
25.5
151.0
30.5
r 147. 8
33.2
160.2
61.3
.1550
59.2
.1550
57.9
.1559
64.9
.1603
74.7
.1650
75.9
.1650
0
4,738
1,775
260
6,455
4,665
0
4,805
1,895
195
6,625
4,695
0
5,312
2,140
285
7,105
4,925
0
3,975
1,895
255
6,110
4,360
0
4,141
1,770
270
6,210
4,430
0
5,358
1,885
270
6,345
4,565
0
2,731
1,800
255
5,605
3,825
83
13, 645
1. 6590
270
16, 045
1. 6564
143
16,245
1. 6671
320
14, 808
1. 7596
852
13, 830
1. 8132
448
13, 655
1.7917
r 13, 135
45.1
46.5
46.5
46.5
44.6
44.7
'45. 1
45.7
47.1
27.6
50.9
31.4
57.0 . 53.0
25.7
23.8
40.3
27.8
44.7
25.6
45.2
21.7
832
671
220
544.1
44.5
43.1
28.4
37.6
29.8
59.6
32.1
71.6
25.9
49.4
32.8
i 124.1
270. 6
133.7
232.8
10.1
19.7
10.8
19.3
11.9
19.7
10.7
19.0
10.0
18.6
10.3
19.0
12.3
19.2
13.0
20.4
12.2
20.0
12.3
20.1
7.5
18.9
11.8
19.6
92.7
5.0
115.8
.4
91.4
4.6
102.7
.2
88.6
4.8
110.8
2.2
90.0
4.6
116.0
.7
88.0
6.5
122.0
.4
86.6
6.2
103.0
.1
85.0
5.5
97.3
(3)
87.4
5.2
97.4
(3)
76.9
6.1
94.6
(3)
1
4.598
32.6
.1650
.1650
0
4,707
6,700
4,665
808
327
12, 610
1. 7491 1.7712
602.1
324.7
47.4
'.565
731
624
208
717
676
203
529.4
do
do
Slab zinc:
Production (primary smelter), from domestic
92.5
93.7
and foreign ores.. _ _ _
thous. sh. tons
i 1,020.9 1,083.6
94.5
5.7
5.3
65.7
Secondary (redistilled) production
_ _ do
179.9
6.1
117.8
117.8
Consumption, fabricators'
do
i 1,333.7 1, 362. 9
126.8
.2
Exports
_
do
.1
9.3
33.0
4.9
Stocks, end of period:
37.9
42.9
Producers', at smelter (AZI)O
-do __
63.1
78.3
48.8
97.9
Consumers'
do
102.4
97.3
94.5
94.6
Price, Prime Western (East St. Louis) .$ per lb_.
.1450
.1460
.1400
.1350
.1400
••Revised.
p Preliminary.3
1 Annual total; monthly revisions are not available.
2
Average for Apr.-Dec.
Less than 50 tons.
« Beginning Feb. 1970, the new METALS
WEEK price (based on mine production rates and known selling prices of U.S. producers
only) is not comparable with prices for earlier months.
§For revised 1968 monthly data, see Feb. 1970 SURVEY, p. S-32.
ARevised data (1966-68) are in the Apr. 1970 SURVEY.
*New series. Source, U.S. Dept.
148.6
131.4
17.2
37.5
r 139.
546.4
305.5
thous. sh. tons._
Consumption (recoverable zinc content) :
Ores
do
Scrap, all types
_ _ _do _
r
.2859
1. 8388
56.6
21.3
.1
38.1
43.7
51.1
94.6
45.9
61.4
123.2
78.3
109.2
48.6
134.0
101.8
109.0
104.0
105.7
99.1
93.5
85.4
94.5 '87.9
.1450
.1450
.1450
.1550
.1550
.1486
.1550
.1550
.1550
.1550
. 1550
of Commerce; monthly data back to Jan. 1967 are available.
JPrices shown are averages of delivered prices; average differential between the delivered
arid the refinery price is 0.400 cents per Ib. through 1969 and 0.500 cents thereafter.
d*Consumers' and secondary smelters' lead stocks in refinery shapes and in copper-base
scrap.
©Producers' stocks elsewhere, end of Apr. 1970,17,100 tons.
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
[ 1969
Annual
May 1970
1969
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
METALS AND MANUFACTURES— Continued
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:
19.8
5.3
Cast-iron
mil. sq. ft. radiation. .
279.2
78.5
Nonferrous
do
Oil burners:
665.3
Shipments _-thous.. i 532. 6
U5.8
Stocks, end of period
do
Ranges, gas, domestic cooking (incl. free -standing,
set-in, high-oven ranges, and built-in oven
broilers), shipments
thous 12, 268. 2 2, 471. 1
Top burner sections (4-burnerequiv.), ship___do
206.1
198.7
Stoves, domestic heating, shipments, total — do
Gas
-____
do. _ _
Warm-air furnaces (forced-air and gravity air-flow),
shipments, total
thous _ _
Gas _ -.
..do
Water heaters, gas, shipments
do -
.6
6.3
.3
.3
57
.4
66
.3
5.8
.4
7.0
.6
7.9
.6
9.0
.4
5.9
.3
51
.3
51
.5
51
52.5
29.3
51.7
28 2
46.0
21.2
52.2
27 9
40.3
30 5
63.1
28.3
66.1
23.7
73.6
19 7
52.9
18.2
57.0
'48.4
47.5
226.3
18.7
197.3
15.5
203.0
17.0
213.3
17.8
169.0
15.6
221.2
15.8
230.3
18.3
237.9
17.7
201.8
14.8
199.6
16.2
167.5
13.0
178.2
13.7
1,361.6
967.0
83.4
51.5
80.4
51.8
85.9
60.7
98.2
68.6
128.5
95.7
176.4
133.5
172.0
132.1
189.4
143.8
133.4
102.0
79.3
52.6
71.2
37.8
66.7
31.8
74.1
49.0
1 1, 740. 9 1,898. 8
1 1, 428. 1 1, 531. 6
2, 705. 9 2, 784. 7
142.1
116.6
244.7
133.0
110.7
270.1
143.9
120.2
227.7
147.8
120.3
210.8
154.1
124.7
208.2
172.3
136.3
205.5
202.3
153.9
233.0
218.9
170.7
249.8
153.2
121.7
246.3
146.9 ' 150. 1
121.4 r 125. 4
210.4 245.1
133.7
110.8
214.4
138.2
113.7
235. 1
U,446.8
11,001.3
44.0
MACHINERY AND EQUIPMENT
Foundry
equipment (new), new orders, net
mo. avg. shipments 1957-59=100..
Furnaces (industrial) and ovens, etc., new orders
(domestic), net
mil. $
Electric processing _ _ __ _ ___ _
do.
Fuel-fired (exc. for hot rolling steel) . _
do
270.3
366.1
328.0
628 5
310 2
268 6
419 7
469 1
318 3
273 0
307 2
242 4
499 0
369 5
550.3
U21.2
i 12.1
164.6
1 113. 1
116.4
158.3
12.4
1.1
6.7
17 0
19
98
97
84
12
47
6.4
3
40
5.9
16
2.2
67
66
10 4
g
69
31
95
58
1 8
66
g
34
12 2
7
32
6.9
13
24
7.4
1.0
4.1
« 220. 4
e 246. 8
235.2
262 9
269 2
240 2
242 1
227 1
220 2
249 1
226 8
257 2
224 l
228 3
10, 753
12, 243
14, 579
14, 903
1,248
1,267
1 221
1 284
1 394
1 257
1 336
1*205
1 037
1 494
1 041
'900
1 282
1*352
1 348
1 391
1 069
1 282
1 406
1 399
1 000
1 407
1 305
1 220
42,601
50, 446
4,257
3 958
5 137
4 223
3 777
4 074
4 429
4 220
4 010
4 328
4 135
3 643
mil $
do
do
do
do
1 079 35
959.90
1, 358. 30
1, 238. 30
809.6
1 195.30
1,032.65
1, 192. 45
1 077.45
812.4
115 90
100. 85
105. 30
94.70
820.4
182 35
173 60
101 10
91 95
901 6
113 20
99 05
98 45
88 90
916 4
112.70
99 90
122 20
112 40
906 9
87.35
70 00
83 85
75 05
910 4
66 70
56 45
74 05
63 15
903 0
82.00
58 50
108. 40
96 65
876.6
89 00
77 40
104 60
94 00
861 0
78 95
67 55
92 20
83 90
847 8
82.80
70 20
118.15
103 35
812 4
92 25 rT 62 85
78 60 T 52 70
87 35
93 85
84 35 rr 74 65
786 3
810 8
75.30
59.30
97.70
81.65
763.9
do
do
do
do _
do
394 75
360.55
368.60
324. 45
254. 5
533 45
484.35
405. 10
369. 30
382.8
45 75
40 70
33 55
30.85
287.6
90 20
86 95
29 05
25 70
348 7
55 70
52 75
31 95
29 50
372 5
49 70
45 60
40 00
35*85
382 2
40 65
37 10
27 90
26 25
394 9
38 60
33 30
30 70
28 05
402 8
27 70
23 95
34 85
32 80
395 7
45 00
36 25
43 20
40 40
397 5
31 90
27 70
39 20
34 15
390 2
26 25
24 20
33 60
31 20
382 8
22 30 r 31 70
18 70 T 29 65
40 70 rr 39 60
33 60
38 65
364 4 r 356 5
19.60
17.85
38.75
36.00
337.4
i 453. 4
68.4
490 2
178 0
147.2
45.1
134 8
53 5
107 4
49.0
100 8
30 5
3 44 3
344 5
i 502. 6
617 6
167 0
173 0
139.1
138 5
1 938. 4
874 1
222.5
247.5
175.6
228 5
3 77.2
3 77.7
i 1,211.3 1, 148. 7
363. 5'
320 2
228 3
236 7
Material handling equipment (industrial) :
Orders (new), index, seas, adj
1957-59=100-Industrial trucks (electric), shipments:
Hand (motorized)
number
Rider-type
do
Industrial trucks and tractors (internal combustion
engines), shipments
number
Machine tools:
Metal cutting type tools:
Orders new (net) total
Domestic
Shipments, total
__.
Domestic
Order backlog, end of period-
.
Metal forming type tools:
Orders, new (net), total
Domestic
Shipments, total
___
Domestic ._ _ _
Order backlog, end of period
Other machinery and equip., qtrly. shipments:
Tractors used in construction:
Tracklaying, total
mil $
Wheel (contractors' off-highway)
do
Tractor shovel loaders (integral units only),
wheel and tracklaying types
mil. $
Tractors, wheel (excl. garden and contractors'
off-highway types)
mil. $
Farm machines and equipment (selected types),
excl. tractors
mil. $__
g
6
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments. ..thous-- 34, 960
Household electrical appliances:
Ranges, incl. built-ins, shipments (manufacturers'), domestic and export
thous __ 2, 306. 8
Refrigerators and home freezers, output
1957-59=100-165.6
Vacuum cleaners, sales billed thous - . 6, 653. 1
Washers, sales (dom. and export)
do
1 4,519. 8
Dryers (gas and electric), sales (domestic and
export)
thous_- 2,861.8
Radio sets, production©
do
22 566
Television sets (incl. combination), prod. 6 . .do
11,794
Electron tubes and semiconductors (excl. receiving,
power, and spec, purpose tubes), sales
mil. $.. 1693.1
Motors and generators:
New orders, index, qtrly
1947-49=100-.
206
New orders (gross) :
Polyphase induction motors, 1-200 hp . _ .mil. $. _ 596.6
D.C. motors and generators, 1-200 hp
do.-.49.5
2,329
2 094
i 2,342. 3 ' 206. 9
37, 028
1 950
2 324
2 485
3 074
4 Oil
4 486
3 853
3 973
3 877 ' 3 280 2,586
210.8
212 9
194.2
200 6
209 2
195.2
194 6
242 2
144 6
153 5
120 2
181.0
7, 133. 7
4, 421. 5
210.2
666.4
377.5
219 7
602 5
332 8
212.2
515 9
332 9
207 3
514 6
381 5
196 6
499 6
395 4
125.0
562 8
417 9
194 1
765 0
433 5
201 8
728 7
462 8
98 6
645 0
290 8
113 3
520 9
277 i
131.5
565 1
r 241 1
3, 022. 5
237.2
173 3
146 1
190 0
220 9
276 1
350 4
394 6
268 2
243 6
203 7
219 4
085
20 549 *2
11, 270 4 1,235
1,532
865
1,534
845
* 1, 860
< 1, 070
1,239
614
1,827 <2,211
877 * 1, 167
1,838
984
1,504
888
* 1, 437
*764
1,369
704
1,240 * 1, 632
782
*895
64 4
64 5
69 5
51 8
69 3
61 1
69 7
63 1
59 8
63.9
770.7
68.1
217
210
5109.3
51.9
58.9
4.8
63 5
236
5
99
42
5
98
56
5
95
53
71 2
8. 8
48
580
38
5 10 3
40
278.8
1,322
509
210
213
8
142 8
219.5
194 9
645.1
636 1
r
302 9 ' 399. 8
5
10 3
5 g 1
36
588
35
58 1
44
48
•8.7
38
59.7
6.0
866
70
736
63
891
70
••811
16
'773
17
'817
22
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons.. 11, 461 10,800
1,014
1,038
926
Exports
do
518
627
76
18
39
Price, wholesale, chestnut, f.o.b. car at mine
$persh. ton.. 13.813 15. 100 15.002 14. 708 14.220
Bituminous:
Production
..thous. sh. tons.. 545,245 556, 051 44,397 46,860 49,313
o 5e711sedRevised total or year-end stock; monthly revisions are not available.
2 Total for 11 months.
» For month shown.
* Data cover 5 weeks; other periods,
4 weeks.
s Excludes orders for motors 1-20 hp.; domestic sales of this class in 1969 totaled
$117.2 mil.; 1970—Mar., $9.8 mil.
« Revised data (1967-68) are in the Apr. 1970 SURVEY.
880
59
807
47
952
111
873
41
878
14. 778 14. 778 15. 268 15. 268 15.758 16. 248 16. 346
48, 330
43,877 35,700 47,944 48,788 53,532 45,337 50,666 43,000 43,885 48, 200
©Radio production comprises table, portable battery, auto, and clock models; television
sets cover monochrome and color units.
14. 220
SURVEY OF CURRENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
Annual
S-35
1969
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
PETROLEUM, COAL, AND PRODUCTS—Continued
COAL— Continued
B ituminous— C ontinued
Industrial consumption and retail deliveries,
r
total?
--thotis. sh. tons.. 498, 830 507,570
294, 739 308,607
Electric power utilities
do
Mfg and mining industries, total
do
188, 450 185, 983
Coke plants (oven and beehive)
do
90, 765
93, 037
Retail deliveries to other consumers
do
Stocks, industrial and retail dealers', end of period,
total
thous. sh. tons..
Electric power utilities
.
do
Mfg and mining industries, total
do
Oven-coke plants
do
Retail dealers
do
Exports
do
Prices, wholesale:
Screenings, indust. use, f.o.b. mine
$ persh. ton-Domestic, large sizes, f.o.b. mine _
do
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
44, 410
26, 304
16, 594
7,665
38, 584
22, 383
15, 643
7,652
39, 004
23, 142
15, 452
7,954
39,466
24,391
14, 709
7,743
42, 074
27, 173
14, 418
7,833
41, 828
26, 794
14, 456
7,840
39, 691
24, 544
14, 360
7,714
41, 794
25, 226
15, 449
8,091
42,626
25, 881
15,587
7,768
47, 267 '48,268 42, 417
28, 957 30, 167 26, 121
16, 906 ' 16, 437 15, 060
7,772
7,356
8,154
15, 224
12, 667
1,509
530
374
335
442
538
748
1,075
1,122
85, 525
64, 168
21, 169
9,537
81,779
60, 597
19,701
8,962
72, 416
54, 762
17, 569
7,422
77,054
58, 267
18, 699
8,001
82,084
62, 097
19, 875
8,743
82, 763
62, 297
20,316
8,822
74, 397
56,758
17, 480
6,470
75, 128
56, 975
17, 980
6,618
78,769
59,046
19, 502
7,338
83, 545
62, 328
20, 996
8,376
84,662
63,433
21, 018
8,807
81, 779
60, 597
19, 701
8,962
188
184
85
88
112
150
159
173
221
221
211
184
50, 636
56,234
2,680
4,503
6,010
5,712
4,836
4,927
4,882
5,496
5,751
5.397
6.944
6.052
7.487
5.804
7.456
5.847
6.988
5.897
6.988
5.932
7.081
6.068
7.343
6.068
7.414
6.068
7.529
6.342
7.836
775
62, 878
19,038
710
64,014
20, 574
52
5,297
1,675
60
5,312
1,674
53
5,523
1,689
53
5,347
1,771
47
5,387
1,811
70
5,412
1,752
76
5,274
1,734
3,120 »• 5, 015
3,020 r 4, 792
223
99
1,261
1,040
157
1,629
4,507
4,310
197
1,309
148
4,162
3,969
193
1,318
130
3,896
3,729
167
1,382
178
3,787
3,594
193
1,314
181
3,816
3,629
186
1,235
121
••3.18
3, 880. 1
92
1,344
3.18
325.7
92
1,094
3.21
312.1
92
1,036
3.21
326.2
90
1,277
3.21
324.7
92
1,091
3.21
339.2
94
1,261
3.21
334.9
92
5,102.8
436.0
418.4
429.2
417.3
424.6
3,329.0
553.7
3,363.8
584.5
280.1
49.6
276.5
47.6
289.3
49.3
288.3
47.2
287.2
48.7
501.7
537.7
551.9
602.7
48.4
58.0
46.1
48.2
46.6
44.0
43.8
38.0
46.0
42.8
5,985
5,637
348
1,239
792
1,390 ' 1, 734
1,235
52, 768
49, 596
7,712
7,796
4,843
3,984
4,343
5,309
6.470
8.086
6.514
8.207
6.526
8.393
69
5,552
1,795
63
5,333
1,827
81
5,570
1,881
69
5,332
1,856
61
5,069
64
5,978
3,699
3,553
146
1,131
100
3,430
3,309
121
1,225
123
3,320
3,202
119
1,237
146
3,120
3,020
99
1,040
164
3,032
2,946
86
1,187
89
3,034
2,969
65
3,088
3,025
63
152
141
1,107
3.21
324.4
92
1,217
3.21
325.8
90
1,080
3.21
321.6
92
3.21
342.5
94
3.21
336.9
93
424.0
420.0
429.5
421.6
465.4
463.8
280.7
49.0
278.2
47.4
284.8
50.1
279.6
M9. 4
294.8
52.0
293.5
51.0
48.4
45.9
46.4
48.0
47.8
46.8
47.5
45.0
53.1
65.6
47.7
71.6
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Oklahoma)
Runs to stills
Refinery operating ratio
number
14,426
$ per bbl
3.06
mil. bbl._ 3,774.4
% of capacity..
93
All oils, supply, demand, and stocks:
New supply, totalcf
Production:
Crude petroleum
Natural-gas plant liquids
Imports:
Crude and unfinished oils
Refined products
mil. bbl_. 4,922.1
do
do
do
do...
-17.4
Change in stocks, all oils (decrease, — )._.
do_._
-2.0
17.4
28.9
25.8
18.2
10.2
9.3
5.5
-4.7
-33.2
Demand, total
Exports:
Crude petroleum
Refined products
Domestic demand, total 9
Gasoline
Kerosene
do
4, 873. 8 5, 126. 4
437.9
402.9
402.0
390.9
409.0
414.2
410.3
422.6
426.0
499.4
518.5
do
do
do
do
do
1.4
1.8
83.9
82.7
4, 789. 2 5,041.0
1, 956. 0 2, 042. 5
100.4
102.9
900.1
874.5
721.9
668.2
361.5
349.4
.2
6.9
430.8
159.8
10.2
.1
6.7
396.1
168.6
5.8
.2
7.6
394.2
177.6
5.5
1
C)
7.5
383.4
173. 1
4.5
0
6.5
402.5
188.4
5.6
.1
8.5
405.6
185.0
5.2
.1
7.6
402.6
171.0
7.3
.2
7.0
415.5
177.2
7.1
.2
6.8
419.0
163.6
9.3
.1
7.0
492.3
174.5
12.6
.1
6.7
511.7
164.0
16.6
91.1
68.1
30.8
66.9
58.6
28.8
58.7
51.8
29.9
51.6
47.5
31.6
49.9
48.4
31.9
50.8
51.3
31.3
58.2
54.5
31.1
62.4
58.6
28.1
82.9
55.5
29.5
112.0
77.1
33.1
127.2
89.7
28.8
48.7
143.3
445.6
38.2
9.3
31.6
29.1
17. 0
29.4
18.4
30.4
19. 1
32.4
4.1
19.2
33.3
4.6
16.7
39.1
3.7
9.8
43.0
3.9
6.7
48.1
4.1
4.4
54.8
980. 1
265.2
103.5
611. 4
904.7
264.2
100.6
539.9
922.1
273.2
106.6
542.3
951.0
281.3
111.5
558.3
976.9
284.5
110.3
582.0
995.1 1, 005. 2 1, 014. 5 1, 020. 0 1, 015. 3 ' 980. 1
277.5
267.7
262.5
264.3
264.8
265.2
108.7
104.6
104.3
104.3
101.4
103.5
608.9
632.9
647.7
651.5
649.1 ••611.4
927.9
267.1
105.4
555.4
2,028.2
2.5
217.4
163.9
(l)
229.2
154.3
.2
216.6
167.1
.4
207.7
166.0
.2
201.8
177.8
.3
193.1
179.6
.3
189.4
174.3
.4
194.3
177.1
.3
195.0
175.3
.1
208.4
182.1
.3
217.4
176.5
.1
231.9
.113
.116
.123
.118
.115
.115
.113
.120
.110
.110
.118
.118
.113
.230
.239
.244
.242
.245
.242
.235
.240
.232
.233
.239
.240
.229
31.6
1.8
7.0
26.5
1.8
6.2
2.7
0)
6.6
2.0
.1
6.0
2.2
.3
5.5
2.4
.1
5.3
2.6
.2
5.3
2.5
.1
5.5
2.2
.3
5.4
2.3
.2
5.6
2.2
.1
5.8
2.1
.2
6.2
1.4
0)
6.3
101.6
102.9
7.2
10.4
7.1
23.5
26.8
22.0
18.9
20.3
Price, wholesale, bulk lots (N. Y. Harbor)
$ per gal..
.113
.111
.111
.111
.111
T
Revised.
1
Less than 50 thousand barrels.
d1 Includes small amounts of "other hydrocarboiis and hjfdrogen r eflnery i aput," n Ot
7.9
25.3
7.5
27.3
7.6
29.7
7.4
29.9
7.6
30.6
8.0
29.4
9.8
26.8
10.2
20.4
.111
.111
.111
.111
.111
shown separate ly.
9Inc ludes da ta not sh own sepgirately.
.111
.111
.111
.
55.5
Distillate fuel oil
Residual fuel oil
Jet fuel
do
do
do
Lubricants
Asphalt
Liquefied gases
do
do
do
48.5
141.2
385.7
do
do
do
do
999.6
272.2
98.9
628.5
do
do
do
1,940.0
2.1
211.5
Stocks, end of period, total
Crude petroleum
Unfinished oils, natural gasoline, etc
Refined products
Refined petroleum products:
Gasoline (incl. aviation):
Production
Exports
Stocks, end of period
.
_.
Prices (excl. aviation):
Wholesale, ref. (Okla., group 3)
$ per gal
Retail (regular grade, excl. taxes), ,55 cities
(1st of following mo.)
$ per eal
Aviation gasoline:
Production
mil. bbl
Exports
do
Stocks, end of period
do
Kerosene:
Production
do
r
T
-52.3
.237
.256
§ Inclu des nonnlarketab le catalyst coke.
Apr.
SURVEY OF CURRENT BUSINESS
S-36
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
1969
Mar.
Annual
May 1970
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan
Feb.
Mar.
Apr.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Distillate fuel oil:
Production
-_ _ mil. bbl
Imports
do
Exports
do
Stocks end of period
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gal
Residual fuel oil:
Production
mil. bbl
Imports
do
Exports
do
Stocks end of period
do
Price wholesale (Okla., No. 6) . $ per bbl
840.7
48.1
1.5
173.2
848.4
50.9
1.3
171 7
74.0
7.0
.1
96.6
66.7
3.5
.1
99.8
67.3
26
.1
110 9
71.3
2 2
.2
132 6
73.6
2.8
.1
159. 1
71.0
4 3
.1
183 5
68.9
3.5
.1
197.7
70.5
2.3
.1
208 0
72.5
3.4
.1
201.0
76.9
5.9
.1
171.7
.103
.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
275.8
409.9
20.0
67.4
1.40
265 9
461.6
16.9
r
58. 4
1 48
25.3
41.4
1.7
57.2
1.45
23.6
38.8
1.1
60.2
1.45
21.2
34.2
1.7
62 6
1.45
19 4
29.1
1.4
62 5
1.45
19.5
32.3
1. 1
65.1
1.45
19 2
34.1
1.5
66 1
1.45
19.5
35.1
1.0
65.6
1 45
19.5
39.0
1.6
64.2
1.45
21.4
33.8
1.6
62.7
1.45
24.1
51.2
.8
••58.4
1.45
26.0
56.0
1.5
49.5
1.65
314.9
24.3
321.7
28 1
26.8
25.6
27.5
26 8
27.8
28 3
28.2
28 4
29.2
29.9
27.6
30 2
25.1
28.9
26.3
29 3
25.6
29.5
27.7
28 1
23.9
27. 1
65.7
18.0
14.0
65 1
16.4
14 1
5.6
1.4
14.0
5.5
1.4
13.9
57
1.7
13.5
53
1.9
12.8
5.5
1.1
12.8
58
1.7
12.8
54
1.5
12.7
57
1.2
12.5
5.8
1.1
13.6
57
1.4
14.1
5.5
1.3
14.3
.270
270
.270
.270
270
.270
.270
.270
270
.270
.270
. 270
.270
mil bbl
do
135.5
20.1
135 7
16.8
8.5
27.3
10.2
28.4
12.9
28.3
14 3
26.1
15.2
23.4
14 9
19.5
15.1
16.1
13.5
13.2
10.4
14.0
9.0
16.8
6.8
19.5
Liquefied gases (inch ethane and ethylene):
Production total
mil bbl
At gas processing plants (L P G )
do
At refineries (L R G )
do
Stocks (at plants and refineries)
do
469.3
351 3
118.1
76.2
502 0
378 5
123 5
59 6
43.0
32.5
10.5
51.7
41.4
31 1
10 2
57.2
42.7
31 9
10.8
65.6
40.8
30 1
10 7
72.5
41.7
30.4
11.3
78.5
42.1
30 9
11. 1
82.4
40.7
30 4
10.3
83.6
42.8
32 6
10.2
79.9
42.3
32.4
9.9
71.5
44.7
34 5
10.2
59.6
44.6
33.9
10.7
42.4
Asphalt and tar products, shipments:
Asphalt roofing total
thous. squares
Roll roofing and cap sheet
do
Shingles all types
do
78, 045
31 099
46 946
82, 683
34 037
48 646
5,159
2,189
2,970
6,136
2 473
3 663
7,322
2 804
4 518
8.082
3 138
4 944
7,922
3 086
4,836
8,185
3 249
4,936
8 871
3 565
5 306
8,850
3 630
5 221
7,060
3 154
3 905
5,463
2 589
2 874
418
411
875
368
346
901
22
23
68
26
34
73
33
34
78
32
40
83
31
35
76
34
40
80
42
27
85
39
50
84
30
23
73
22
17
68
20
7
51
Jet fuel (military grade only) :
Production
Stocks end of period
mil. bbl
do
Lubricants:
Production
do
Exports
_do
Stocks end of period
do
Price, wholesale, bright stock (midcontinent,
f o b Tulsa)
$ per gal
Asphalt:
Production
Stocks end of period
Asphalt siding
Insulated siding
Saturated felts
do
do
thous. sh. tons
79.5
6.9
(2)
130.7
3 387 r" 3, 447
1 708 T 1 566
1,882
1 679
5,149
2 350
2 799
••45
20
24
61
16
r
13
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
r
' »59, 788
*>5 676
159 041
62 276
62, 813
4 788
5 057
5 387
4 254
4 845
5 050
4 092
4 967
5 320
3 771
5 258
5 413
3 597
5 224
5 078
3 770
5 466
5,405
3 949
5 580
5 179
4 241
5,824
5,547
4 537
5,255
5,427
4,521
5,274
5,025
4,783
5,044
5,449
4,432
5,273
5,177
4,397
5,813
5,593
4,715
10, 285
586
10 441
608
931
570
903
585
915
574
883
577
792
608
909
581
883
586
908
608
818
598
780
608
••838
569
'805
••572
868
569
' !39 400 41 057
r 11 679
1 701
' !25 505 27, 628
' *2 431
2 337
3 418
156
2 251
206
3 433
124
2 344
189
3 603
144
2 456
199
3 536
151
2 397
196
3 329
127
2 273
181
3 558
156
2 420
198
3 379
133
2 280
191
3,647
150
2,482
210
3,594
141
2,456
192
3,263
131
2,180
197
3,560
154
2,422
194
3,425
139
2,332
187
4 241
1 585
3 564
364
134
308
347
129
298
363
135
305
362
135
295
338
132
277
358
133
292
345
132
297
368
131
306
359
135
310
341
128
286
359
127
303
353
129
284
870
••358
r
426
86
796
230
469
99
815
313
422
80
862
336
442
84
840
327
430
83
857
344
433
80
802
284
443
75
790
286
432
72
780
293
418
70
787
284
431
72
839
321
440
77
796
230
469
99
812
294
440
79
811
284
"•457
76
472
thous sh tons
do
WOODPULP
Production:
Total all grades
thous sh tons
Dissolving and special alpha
do
Sulfate
do
Sulfite
do
Qroundwood
Defibrated or exploded
Soda semichem screenings etc
Stocks, end of period:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills
do
do
do
do
do
do
do
Exports, all grades, total
Dissolving and special alpha
All other
_.
"
do
do
do
1,902
671
1,231
12 103
»744
i 1, 359
169
67
102
178
74
104
212
70
142
171
61
111
207
62
145
196
79
118
148
68
80
191
60
132
182
63
119
220
72
148
200
63
137
204
70
134
224
80
145
Imports, all grades, total _
Dissolving and special alpha
All other
do
do
do
3 540
302
3 238
t 4 040
1298
13 743
313
26
288
355
27
328
331
23
308
349
27
322
338
26
312
307
18
289
320
22
299
400
30
370
356
24
332
358
35
323
304
24
280
294
21
273
348
25
323
50 703
rr 22 091
24 267
155
4 190
53 488
23 460
25 561
133
4 333
4 676
2 051
2 236
12
377
4 508
1,955
2,156
12
385
4 597
1 974
2 221
12
390
4 535
1 968
2 180
11
376
4 227
1 822
2 029
9
368
4 513
1 976
2 151
11
374
4 367
1,927
2,047
11
382
4 711
2*074
2 228
12
397
4 455
1,958
2,150
11
336
4 264
4 253 r 4 586
1 885 ' 2, 036 1,893
2,046 ' 2, 237 2,057
3
9
' 10
r
304
304
314
p4 562
p2, 065
»2, 159
pll
P327
50 207
eo 7C4.
4 721
4 618
4 596
4
KCO
4 185
4 553
4 453
4 709
4 413
4 238 M 532
101 4
119 6
r
91 1
r
92.7
102 7
122 9
94 4
97.1
102 7
121.0
93 6
99.6
102 7
121 0
93 5
100.4
102 7
122.1
93 5
100.7
102 7
123 2
93 5
99.4
102 7
123 2
93 7
95.9
102 7
123 2
95 8
95.2
102 7
123 2
95 9
95.1
102 7
123 2
95 9
94.6
102.7
126.4
96.0
94.4
102 7
126 4
96 0
93.9
' *4 470
r 11 625
r 13' 690
r
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census) :
All grades total unadjusted thous sh tons
Paper
do
Paperboard
do
Wet-machine board
do
Construction paper and board
do
New orders (American Paper Institute) :
All grades paper and board
do
Wholesale price indexes:
Printing paper
1957 59—100
Book paper, A grade
do
Paperboard
do
Building paper and board..do
r
Revised.
* Preliminary.
r
126.4
96 0
93.4
1
Reported annual total; revisions not allocated to the months,
barrels.
2 Less than 50 thousand
S-37
SURVEY OF CURRENT BUSINESS
May 1970
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1%9 edition of BUSINESS STATISTICS
1970
1969
1969
Mar.
Annual
Apr.
May
Aug.
July
June
Nov.
Oct.
Sept.
Jan.
Dec.
Feb.
Mar.
Apr.
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Selected types of paper (API):
Fine paper:
Orders new
thous sh tons
Orders unfilled end of period
do
Production
Shipments
Printing paper:
Orders, new
Orders unfilled end of period
Production
Shipments
Coarse paper:
Orders, new
Orders unfilled end of period
Production
Shipments
Newsprint:
Canada:
Production
Shipments from mills
Stocks at mills, end of period
United States:
Production
Shipments from mills
Stocks at mills, end of period. __ _
2 880
3 156
273
269
237
271
259
279
260
264
279
240
261
257
264
244
264
288
271
257
264
255
273
v 259
do
do
2,864
2 831
3,096
3 095
256
256
258
258
262
263
265
264
237
238
256
257
252
251
282
282
259
259
257
256
p265
*265
d
do
6,865
6,945
620
520
585
555
599
531
573
551
543
512
578
523
555
516
622
529
579
554
539
479
?604
479
do
do
6,737
6 737
7,061
7 061
617
617
596
596
586
586
585
585
547
547
590
590
582
587
626
626
601
601
588
588
p600
P600
do
do
5 012
5 119
264
245
467
292
416
261
418
253
434
283
403
247
440
269
414
264
433
255
399
254
410
245
1-453
v 274
do
do
4 9Q2
4 931
5 129
5*084
467
460
418
414
433
422
434
433
383
390
434
428
429
428
435
431
427
420
398
397
J>437
»444
do
do
do
8 031
8 096
203
8 758
8 741
'220
743
726
351
690
684
358
748
794
311
720
721
309
726
720
315
751
705
362
706
725
343
794
804
333
760
808
285
730
795
220
749
659
310
692
646
357
750
704
402
do
do
do
2 935
2 946
3 232
3 233
27
282
277
44
267
264
47
280
271
55
275
277
53
249
251
51
271
259
63
255
257
62
288
291
58
279
290
46
255
275
27
279
261
45
258
247
55
273
278
51
7 025
7 344
638
616
661
607
650
582
606
666
682
631
563
539
617
633
699
673
662
678
647
681
683
676
686
665
699
737
743
710
497
568
222
502
27
Consumption by publishersd"
do
Stocks at and in transit to pubtlishers, end of
period
hhous sh tons
Imports
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh ton
Paper board (American Paper Institute):
Orders, new (weekly avg.)
thous. sh. tons_.
Orders, unfilled §
do
Production, total (weekly avg.)
do
Paper products:
Shipping containers, corrugated and solid fiber,
shipments.
mil sq ft surf area
Folding paper boxes, shipments, index of phvsical
volume..-1947-49-100
6 462
6 790
532
567
532
601
604
539
606
614
571
625
545
141. 40
146. 10
146. 10
146. 10
146. 10
146. 10
146 10
146. 10
146. 10
146. 10
146. 10
146. 10
150. 50
454
869
480
479
939
510
556
1 009
528
523
1,042
509
534
1,032
534
528
1 035
529
464
1 048
463
504
963
514
506
963
489
542
1,004
524
526
965
523
479
939
554
509
975
522
521
855
521
515
805
514
173 834
184 442
15 474
15 796
16, 056
14, 765
14 754
15 519
16 737
17, 856
14, 300
14, 469
14, 152
15 233
' 141. 9
r
r
' 125. 6 pl41. 9
138.0
r
140 8
r
137. 3
r
139. 9
137. 9
T
137. 5
r
142. 4
' 145. 4
r
156. 8
14,515
' 132. 7
r
149. 5
135. 0
497
770
508
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. Ig. tons
Stocks, end of period
do
Imports, incl. latex and guayule
do
Price, wholesale, smoked sheets (N.Y.)__$ per lb..
Synthetic rubber;
Production
Consumption
_
Stocks, end of period.- ..
thous. Ig. tons
do
do
Exports (Bu. of Census)
Reclaimed rubber:
Production _. _
Consumption
Stocks, end of period
581. 86
107 76
540. 17
589 78
105 97
585 28
50.01
104 71
59 78
49 29
107 43
54.39
50.54
108 52
48 90
49.54
107 35
46 66
43 89
104 91
40 84
46 29
104 45
55 19
51.73
107 41
49 49
54 80
104 49
59 45
47.64
103 06
49 26
49.24
105 97
50 51
49.98
104 91
59.03
47.17
102 25
44 05
56.82
.198
.262
.259
.270
.260
.268
.285
.314
.279
.265
.250
.238
.255
.251
.223
2,250.16 193. 14
2 003 02 174 07
438 74 392 56
186. 20
163 34
401 22
191.42
165 94
407 01
183 .78
168 46
413 46
179. 34
147 88
420 86
182. 09
157 45
428 41
190. 25
176 32
423 78
200. 93
187 88
417 14
187. 84
162 37
424 39
198. 57
166 28
438 74
193. 11
169 07
434 37
178. 92
161 27
435 54
2,131.10
1 1 896 15
369 98
do
291. 03
226 49
13 55
25.03
23 22
21 60
18 32
23 65
21 68
24 44
20 32
23 11
23.36
23 68
257. 22
250 43
29.58
238 26
243 04
29 74
22 12
21 90
30 43
21.69
20 74
31 78
19 74
20 80
30 59
20 16
22 38
30 78
18 06
17 00
31 43
18 93
17 88
31 73
19 27
19 87
31 15
21 31
23 02
29 90
17 16
17 76
31 08
17 89
19 35
29 74
18 77
17 54
30 46
18 70
18 22
31 65
203, 060
207, 826
18 269
17, 283
16 882
17 435
15 447
15 829
17, 752
19 151
16 738
17 789
18 174
17 522
199 155 2 204 777
2 58,392 2 55, 704
2137,562
2 146, 650
2
3 202
2 2 423
17 095
5,212
11, 645
20 046
4,966
14,860
18 006
4,744
13, 077
20 115
5,009
14, 847
16 681
2,514
13, 973
15 678
3,428
12, 025
19 494
5,519
13, 718
90 ^Qfl
14 407
1 q 74fl
5,836
14, 249
4,750
9,519
4,041
9,505
200
120
187
42 331
44 898
53 750
187
49 152
ififi
156
57 105
' 90
3 913
4 361
11 020
3 263
3 324
11 125
3 073
3 172
11 191
3 384
3 971
10 811
2 918
3 371
10 754
83
79
83
do
do
do
.221
22 27
TIRES AND TUBES
Pneumatic casings, automotive:
Production
thous
Shipments, total
Original equipment
Replacement equipment.
Exports
do
do
do
do
Stocks, end of period
Exports (Bu. of Census)
do
do
42 128
2 518
do
do
do
do
43 791
43 957
11 828
1,390
Inner tubes, automotive:
Production.- _
Shipments...
Stocks, end of period
Exports (Bu. of Census)
2
2
238
219
49 152
2 364
50 365
48 131
203
191
41 657
2 44 gGO
11 191
1,098
3 756
3 602
11 546
3 562
3 600
11 586
118
115
185
47 433
174
3 402
3 458
11 871
••Revised.
'Preliminary.
1 Revisions for Jan.-Aug. 1968 for synthetic rubber
u™PtionAare as follows (thous. Ig. tons): 162.96; 154.29; 162.07; 155.85; 162.67; 153.44; 135.82;
154.33.
2 Annual total includes revisions not distributed to the months.
cons
130
259
45 135
'Oftl
3 375
4 041
11 499
91
194
224
44 317
44 686
147
275
3 160
3 929
11 088
3 092
3 495
11 103
66
99
258
43 386
322
3 576
3 826
11 171
111
305
298
138
r
13 ggg
14 519
4,150
3,681
' 9, 625 10, 651
84
67
150
111
d" As reported by publishers accounting for about 75 percent of total newsprint consumption.
§ Monthly data are averages for the 4-week period ending on Saturday nearest the end of the
month; annual data are as of D ec. 31.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Annual
May 1970
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
25, 722
Apr.
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments, finished cement
thous. bbl
1397,448 1409, 564
26,106
34,646
39, 271
41,012
42,386
42,988
43, 086
43, 585
31, 249
25,984
16, 932
20, 039
698.5
21.3
183.1
699.1
22.1
174.7
669.4
19.0
170.7
654.6
18.2
177.8
686.3
20.4
167.6
529.6
18.8
136.0
453.9
17.1
118.6
r300.4
'15.9
'91.9
384.0
14.8
96.4
18.9
16.9
17.8
19.4
15.4
16.6
'11.5
10.7
23.8
25.0
20.5
21.3
19.2
19.6
123.5
123.5
124.8
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil. standard brick
Structural tile, except facing
thous. sh. tons
Sewer pipe and fittings, vitrified
do
Facing tile (hollow) , glazed and unglazed
mil. brick equivalent
Floor and wall tile and accessories, glazed and unglazed
mil sq. ft
Price index, brick (common), f.o.b. plant or
N.Y. dock.
.
1957-59=100
7, 556. 8
192.5
1, 705. 5
7, 289. 7
241.5
1, 783. 5
601.0
22.0
133.6
693.9
23.8
153.5
705.6
23.3
163.5
220.6
209.0
17.9
17.8
17.7
18.4
25.5
26.2
274.5
117.1
284.8
122.3
24.8
120.5
25 1
122 2
122.4
122.6
23.8
122.7
24.0
122.7
123.2
123.2
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments
thous. $
Sheet (window) glass, shipments
.__
Plate and other flat glass, shipments
Glass containers:
Production .
do
do
Medicinal and toilet
Chemical, household and industrial
Dairy products
.
Stocks, end of period
101,002
98,425
108, 338
150, 123 39, 560
266, 782 69, 580
36,998
64,004
36, 385
62,040
37,180'
71, 158
r
259 373
23, 205
21 056
22,453
22, 743
21, 527
22, 362
21, 377
22, 879
20, 579
19, 460
20,824
8
()
250, 222
20, 801
20973
21, 242
22, 246
21, 795
22, 623
22, 732
20, 627
18, 554
22, 151
17, 913 ' 18, 570 24, 705
(«)
24 172
2,174
1 882
1,876
1,970
2,055
2,590
2,817
1,919
1,557
1,737
1,705 ' 1, 877
(8)
57, 838
4,546
4,598
4,580
4,745
4,702
5,269
5,333
5,361
4,595
5,095
4,372
do
do
do
(6)
(8)
(8)
55 848
51 086
20 324
4 226
4,328
1,818
4 665
4 586
1 743
5 098
4 573
1,598
5,952
4,359
1,823
5 400
5,114
1,594
4 841
4 927
1,668
4 561
4,747
1,840
4 093
3 922
1,853
4 142
3 434
1,607
6 030
4 073
1 710
221
3 990 '4
3 192 r 3 499
1 524 1,479
6 342
5 415
2,097
do
do
do
(8)
(8)
(8)
35, 916
4,455
583
3,220
434
55
3 075
379
45
3,103
366
48
2,983
366
48
2,556
330
44
2 902
'381
45
3,020
366
48
3 038
397
44
2 884
289
46
3 075
381
50
2 843
254
33
r
2 806
329
' 28
3 237
428
31
23 518
30, 167
30, 798
30 700
31 680
31, 962
31 470
30 960
29 275
31 263
33 051
30 167
33 032
34 381
31 296
5,454
10 018
5,825
10, Oil
1 022
2 189
1,450
2,615
1,864
2,729
1,488
2 478
do. _
8,844
9,043
2,208
2,317
2,304
2,214
do
do
4 935
301
4,666
312
692
78
1,497
81
1,316
76
1 161
77
do
do
536
778
475
698
119
165
127
178
124
194
105
162
999
8 283
269
922
8,724
275
222
2 025
67
251
2,254
78
236
2,245
70
213
2 199
60
Shipments, domestic, total
do
General-use food:
Narrow -neck food
do_
Wide-mouth food (incl. packers' tumblers,
Jelly glasses, and fruit jars)
thous. gross. _
.
416, 905 109,140
139, 391
248, 078
(6)
thous gross
Beverage
Beer bottles
Liquor and wine.
387, 469
do
20, 300
4,331
21, 910
2,014
5,141
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
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills:}:
Production, total 9
mil. linear yd
Cotton
do
Manmade
fiber
__
.__ do
12,693
7,408
5,052
12,906
7,159
5,546
1,034
578
438
21,229
2693
2513
1,018
588
413
1,008
561
432
2983
2
526
2440
986
552
420
965
533
419
21,231
2672
2544
979
543
423
21,175
2650
2509
948
522
410
957
527
413
do
do
do
1,366
739
611
1,404
659
730
1,245
634
596
1,249
630
603
1,275
651
610
1,333
669
652
1,360
671
674
1,372
691
668
1,376
674
689
1,343
663
668
1,335
639
682
1,404
659
730
1,401
655
729
1,414
658
740
Orders, unfilled, total, end of period 9 f. _.do
Cotton
do
Manmade
fiber
do
3,098
1,627
1,384
2,779
1,535
1,165
3,067
1,619
1,343
3,141
1,625
1,413
3,138
1,601
1,443
3,170
1,617
1,470
3,139
1,634
1,420
3,024
1,593
1,358
2,902
1,496
1,333
2,847
1,500
1,275
2,838
1,498
1,265
2,779
1,535
1,165
2,679
1,483
1,112
2,620
1,451
1,087
80
528
1,610
5,789
8,390 3 9, 107 * 9, 826
649
629
634
2810
Stocks, total, end of period 9
Cotton
Manmade fiber _. _
tf
COTTON
Cotton (excluding linters):
Production:
GinningsA
thous. running bales
10, 917 ' 9, 943 510,917
Crop estimate, equivalent 500-lb. bales
thous. bales
10, 948
10,014 610,948
Consumption
_ _
do
«792
8,568
8,294
664
656
Stocks in the United States, total, end of period
thous. bales.. 12, 978 ' 12, 236 '10,673 9,318 8,303
Domestic cotton, total
.
do
12, 926 '12,219 '10,632
9,278 8,269
On farms and in transit
do
824
1,548 ' 1, 294
678
538
Public storage and compresses
do
9,807
9,653
7,934 6,762
5,925
Consuming establishments
do
1,838
1,571
1,272 '1,874
1,805
Foreign cotton, total
do
52
40
41
17
34
T
Revised.
1 Reported annual total; revisions
n ot allocal,ed to th 3 months5.
2 D <ita
3
cover
5 weeks; other months, 4 weeks.
Ginning s to Dec. 13.
* Winnings to Jan. 16.
5
Crop for the year 1968.
« Data not available owing to 1ack of complete r eports fr om
the industry.
? Crop for the year 1969.
9 Incl udes data not show n separa tely.
{Effective Aug. 1969 SURVEY, data (1964-Apr. 1969) reflec ; adjustiricnts to new ben chmarks; see Bureau of Census reports: Woven FabiIcs (1964-68), Serie s M22A- Supplem ent
and (Jan-Apr. 1969), M22A (69) 1-4 Supplement.
644
2
646
2717
635
'79,943
626
U0.014
2778
7,469
9,078
6,520 '15,612 '14,844 '13,883 '13,123 '12,236 '11,224 10, 452
7,436
9,059
6,489 ' 15, 579 '14,820 '13,861 ' 13, 105 '12,219 '11,208 10, 431
506
982
485
400 ' 9, 874 ' 9, 000 ' 5, 292 ' 2, 928 ' 1, 294 ' 1, 040
5,203
4,466
4,526 7,526
4,258
9,653 8,832 ' 7, 977 7,008
9,079
1,728
1,566
1,623
1,447
1,294
1,043
1,272
1,098
1,336 '1,460
33
19
33
21
31
21
23
19
17
16
cfSt ,ocks (ovmed by weaving mills an d billed and hel i for oth ers) excl ude bedsjheeting,
towel ing, and blanketi ng, and I)illed ancI held st(>cks of de nims.
nu nfilled or ders covt r wool a pparel (iricluding polyestei•-wool) fi nished fa brics; pr eduction
ands tocks exc lude figu res for su ch finishe d fabrics . Orders also excliide bedslleeting, t oweling,
and b lanketin g.
AT otal ginnlings to e nd of me nth indi 3ated, ex cept as n oted.
SURVEY OF CURRENT BUSINESS
May 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
| 1969
Annual
S-39
1970
1969
Mar.
Apr.
May
June
July
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (excluding llnters)— Continued
Exports
_ - _
thous. balesImports
do
3,870
95
2,397
46
130
3
568
5
363
6
194
3
278
1
147
1
141
4
••167
13
123
6
176
1
382
3
325
g
246
4
Price (farm), American upland
cents per l b _ _ _
Price, middling 1", avg. 12 markets
_ do
!22.0
122.9
720.8
721.9
20.6
22.1
20.7
22.0
20.1
21.9
21.3
21.9
21.6
21.9
20.5
21.6
19.4
21.4
21.7
21.7
21.4
21.9
20.0
22.0
19.1
22.0
20.2
22.1
20.7
22.2
COTTON MANUFACTURES
Spindle activity (cotton system spindles):
Active spindles, last working day, total
mil..
Consuming 100 percent cotton
do
Spindle hours operated, all fibers, totalbil
Average per working day
__do
Consuming 100 percent cotton
do
20.0
13.1
128.0
.493
85.9
19.6
12.4
125.6
.476
80.9
19.9
13.1
10.1
.505
6.6
19.9
13.0
12. 1
.486
J
8.0
20.0
13.1
10.0
.501
6.5
19.9
13.0
9.8
.490
6.4
19.9
12.9
310.2
.406
2
64
19.8
12 8
9.6
.480
6 2
19.7
12.7
9.6
.480
6.1
19.7
12.6
212.1
19.7
12.6
9.5
.475
6.0
19.6
12.4
2 10.6
.424
26.7
19.6
12.4
9.4
.470
59
'19.5
12. 2
9.3
'.466
5.8
211.5
1.049
1.027
1.032
1.027
1.027
1.024
1.024
1.024
1.027
1.027
1.024
1.021
7,476
6,975
1,824
13.8
15.0
12.6
13.2
12.3
13.0
17.5
12.9
12.7
12.8
13.1
15.0
13.0
12 7
12.8
5.3
6.0
5.0
5.1
5.0
5.2
6.8
5.3
5.4
5.4
5.1
6.0
5.6
55
55
.40
.42
.41
.39
.40
.39
.38
.40
.41
.42
.39
.42
.43
45
44
256.0
559.6
331.1
573.4
35.3
60.9
29.6
71.8
33.5
47.4
28.2
63.5
23.7
45.5
27.1
57.2
26.3
45.2
30.1
43.2
39.1
48.9
34.9
44.0
28.2
52.7
23 1
49 9
29 1
52.0
43.27
37.73
93. 25 4 108. 02
59.16
64.40
42.92
107. 86
55.15
42.71
108. 08
58.70
42.73
108. 30
60.94
42.81
107. 28
59.60
43.02
106. 90
60.22
43.51
107.42
60.03
44.03
107. 60
59.52
44.06
107.46
60.36
43.96
107. 87
60.71
43.92
109. 01
61.02
43.92
108. 81
61.11
43.86
108. 00
60 43
43.79
106. 81
18.7
18.5
18.4
18.5
18.4
19.0
18.4
19.0
18.4
19.0
18.5
19.0
18 8
19.0
19.0
19.3
18.5
18.5
19.0
18.5
19.3
12, 692
13, 665
6 755
14, 705
15
16
8
13
Cotton yarn, price, 36/2, combed, knit . $ per Ib
Cotton cloth:
Cotton broad woven goods over 12" in width:
Production (citrly )
mil lin yd
Orders, unfilled, end of period, as compared with
avg. weekly production
No. weeks' prod_
Inventories, end of period, as compared with
avg weekly production No weeks' prod
Ratio of stocks to unfilled orders (at cotton
mills), end of period, seasonally adjusted
Exports, raw cotton equiv . ..
Imports, raw cotton equiv
thous. bales
.do.. .
Mill margins:
Carded yarn cloth average
cents perlb-_
Combed yarn cloth average
do
Blends (65% polyester-35% cotton) _.. _do._
Prices, wholesale:
Print cloth, 39 inch, 68 x 72___cents per yard-Sheeting, class B, 40-inch, 48 x 44-48
do
3
17.3
18.6
MANMADE FIBERS AND MANUFACTURES
5, 159. 5
Fiber production, qtrly. total
mil. Ib
805.2
Filament varn (rayon and acetate)
do
739.1
Staple, incl. tow (rayon)
__
do_
Noncellulosic, except textile glass:
1, 662. 1
Yarn and monofilaments
_ ._
do
1, 550. 4
Staple, incl. tow.
do
402.7
Textile glass
fiber
_
do
96, 390
Exports: Yarns and monofilaments
thous. lb108, 253
Staple, tow, and tops
do
5 59, 303
Imports: Yarns and monofilaments
do
217, 707
Staple, tow, and tops.-.
do
Stocks, producers', end of period:
59.4
Filament yarn (rayon and acetate)
mil. lb__
Staple, incl. tow (rayon)
do
59.0
Noncellulosic fiber, except textile glass:
194.3
Yarn and monofilaments __
do
210.9
Staple, incl. tow
do
Textile glass
fiber
do
47.3
Prices, manmade fibers, f.o.b. producing plant:
Staple: Polyester, 1.5 denier
$ per lb_.
Yarn: Rayon (viscose), 150 denier..
do
Acrylic (spun) , knitting, 2/20, 3-6D__do_...
Manmade fiber and silk broad woven fabrics:
Production (qtrly.), total 9
mil. lin. yd-Filament yarn (100%) fabrics?
do
Chiefly rayon and/or acetate fabrics
do
Chiefly nylon fabrics.. _
do
Spun yarn (100%) fab., exc. blanketing 9 - .do
Rayon and/or acetate fabrics and blends
do— _
Polyester blends with cotton
do.__
Filament and spun yarn fabrics (combinations
and mixtures)
mil. lin. yd.
.61
.85
1.42
3
1 810
5, 519. 8 1,367.4
774.4
203.4
758.8
190.4
1, 766. 9
1, 718. 7
501.0
441.4
422.5
109.7
100, 539 r 8, 991
127, 484 12, 366
41,063 3,548
159, 404 13, 929
9,801
13, 132
3,017
18,863
9,285
11, 878
2,335
15, 857
.483
7.7
2
1.024
1,403. 4
195.8
189.1
1, 368. 2
183.9
187.5
445.1
430.8
121.8
445.3
443.3
129.9
435. 1
422.1
139.6
9,952
8,478
2,178
17, 090
9,886
10, 433
4 564
16, 946
8,774 '9,230
8,887
11, 122 r 11, 799 11, 636
2,979
1 003 4,533
12, 989 13, 997 12, 227
8,710
13, 019
5,872
8,726
78.4
75.6
67.0
59.3
68.8
54.5
80.5
56. 2
78.4
75.6
259.8
247.6
70.2
234.1
215 6
48.7
248. 1
223. 6
51.5
263.2
249.2
56.9
259.8
247.6
70.2
.61
.89
1.42
.61
.90
1.42
.61
.89
1.43
.61
.89
1.42
5, 203. 6 5,404.5 1,410.9
1, 737. 2 1,692.5
436.5
776.4
779.8
199.5
8 347. 8 s 345. 0 892.0
2, 749. 4 2,959.2
784.4
.61
.89
1.43
.61
.89
1.42
.61
.89
1.42
.61
.89
1.42
.61
89
1.41
.61
.89
1.41
.61
.89
1.41
1,387.5
438.2
199.1
891.5
761.2
•1,257.3
r 395. 0
179.3
'82.6
681.2
1,341.7
415.7
198.5
78.9
732.4
678.0
1,751.9
633.4
1, 890. 7
181.9
501.5
173.6
474.0
143.8
431.6
134.1
483.6
482.9
517.2
130.1
128.0
124.6
134.5
___mil. Ib..
do
do
do
238.3
91 4
249.4
119.6
219.0
93.8
189.2
95.7
18.2
69
19.9
9.9
323.5
2
89
22.0
11.3
18.9
7.3
19.2
9.7
18.2
76
14 7
6.5
2 18.8
»7.6
15.9
10.8
16.9
70
23.7
14.0
14.2
77
12 3
7.1
'19.5
2
98
7.5
4.2
14.7
67
17 5
9.3
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
._$ per lb._
Graded fleece, H blood
do
Australian, 64s, 70s, good topmaking
do..
1.207
.840
1.180
1.221
.862
1.174
1.220
.858
1.195
1.220
.850
1.195
1.220
.850
1.195
1.220
.850
1.195
1.220
.850
1.195
1.220
.850
1.195
1.220
.850
1.195
1.218
.850
1.175
1.210
.890
1.089
92 9
09 Q
92 6
92 6
92 6
92 3
92 3
92 3
92 6
WOOL
Wool consumption, mill (clean basis):
Apparel class
Carpet class.
Wool imports, clean yield
Duty-free (carpet class)
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, American
system wholesale price
1957-59—100
Wool broadwoven goods, "exc." tofts!
Production (qtrly.)
mil lin yd
Price (wholesale), suiting, flannel, men's and
bovs' . f.o.b. mill
i 057-50 = i nn
91 0
92 6
243 3
227 6
68 3
inn. 9
ins. 6
ins 1
66 1
in2 1
102.1
T
3
Revised.
i Season average.
2 For 5 weeks; other months, 4 weeks.
Average
for 6 months, July-Dec.
* Beginning 1969, the average omits two6 cloths previously included.
5 Revised total; revisions not distributed by months.
Beginning Jan. 1970,
quotation refers to Australian wool, 64's, Type 62; comparable prices prior to 1970 are not avail-
48 1
19.5
12 2
.460
27i
1,733
1,608
1,380. 8
191.3
191.8
7,554
10, 983
2,951
18, 333
r
21.4
22 4
216.1
27 3
16.4
7.2
9,861
13, 762
5,031
16, 317
564
113
751
772
.61
89
1.41
'16.0
58
12 9
5.8
1.198
1.185
.890
.884
1.075 61 034
92 5
43.65
105.11
15 6
c 7
15 7
61
1.185
.865
6 \ Q14
2 18 7
2 7 9
ISO
64
1.081
1.110
.865
.865
e i mn 6 1 019
92 5
45 1
ins i
ina.n
ins. n
ins n
ms n
ina n
103.0
103.0
able.
7 Season average through Apr, 1970; for farm price, average is for all
s Omits quantities of chiefly nylon combination fabrics.
9 Includes data not shown separately.
cotton.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
May 1970
1970
1969
1969
Annual
Mar.
Apr.
June
May
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
TEXTILE PRODUCTS—Continued
APPAREL
Hoslerv shipments
Men's apparel, cuttings:
Tailored garments:
Suits
Overcoats and topcoats
thous. doz pairs
225,588
thous units
do
20 564
3 784
Coats (separate) , dress and sport
do
Trousers (separate) dress and sport
do
Shirts (woven fabrics), dress and sport
thous doz
Work clothing:
Dungarees waistband overalls, jeans
do
Shirts.
—
. -do
Women's, misses', juniors' apparel, cuttings:
Coats
thous. units
Dresses
do
Suits
do
douses and shirts
Skirts
thous doz
do
r
18, 951
22, 303
20, 771
21, 144
20, 897
24,166
20,306
17, 631
17,881
18, 511
19, 267
1r 978
261
2r 038
286
1r 912
290
1,765
••295
1,174
r
195
1,752
r
279
1,625
1,850
••254
1,676
-•195
1,378
r272
r 114
1,540
129
1,489
148
1,577
212
1 299
14 433
1,302
14 341
1,234
15 841
1,136
14 472
855
13 023
1,182
14 798
1,026
14 040
1,354
14,097
1,102
13, 923
1,052
11 390
1,036
13, 730
928
13, 890
1,012
15, 201
1, 875 * 1, 782
1,791
1,985
1,974
767
287
783
263
505
314
20, 829
2, 905
r
14 237 14, 136
165 104 167 360
21 771
18, 360
243, 014 «• 21, 407
r
21 252
r
1 773 »• 1 709 r i 770
8 472
3,590
675
290
612
295
19 859
21 592
277 958 255, 228
5,680
8 152
1 435
26, 035
536
1,247
25, 458
319
7 173
4,470
15 293
8 168
14 457
7,694
r \ 241
739
1 178
662
r
r
1 713 ' 1 495 1 694
674
297
709
285
789
247
1 405 1,679
22, 413 20, 614
360
425
1,707
19,089
541
1 129
'598
1 160
830
1 188
576
T
1 800
r
2, 058
T
800
315
746
345
825
330
728
293
1,727
1,804
20,068 20,391
496
497
2,107
22,148
501
1,772
18, 169
371
1,503
16, 850
394
1 543
722
1 308
500
1 097
443
698
285
1 074
738
1 119
683
1,712 ' 1, 522 1,207
19, 259 "21,912 22, 979
554
381
••573
1,220
643
r
1, 357
'731
1,348
1,092
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
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. $
Aircraft (complete):
Shipments ©
Airframe weight © .
Exports, commercial...
do
thous. Ib
mil. $
27 168
16 577
24,575
25, 592
16 635
6 450
4 370
5 566
6,047
3 941
4 401
2 466
3 758
6,339
4 289
30,749
16343
16,608
3,951
31, 346
16 788
17, 303
4,146
29,432
14 978
16 346
4 192
5,083
4,772
4 045
4 306
2834
3 029
2 942
2 792
5 631
4 082
5 122
5 912
4 012
29, 151 15 048
16 160
3 816
--
4 355 1 3 594.3
60, 152
76 202
1 403 11 1, 239. 2
367 4
6 524
139 8
346 4
6 Oil
116 5
373 5
6 201
r gg i
r
242 2
4 180
72 5
290 2
4 832
83 8
268 6
4 131
93.0
198 7
3 764
36 1
249.6
4,151
107.4
224 7
3 438
71 6
342 6
5 464
143 0
209.6 r 326. 4
3,389 r 5, 037
159.9
156.6
10,718.2 10, 142. 8
10 172 2 9 583.6
8 822.2 8, 223. 7
8 407 1 7 806. 5
1 896 1 1 919. 1
1 765 1 1 777 1
932.3
877 1
763 3
721 0
169 0
156 1
876.8
825 2
714 3
676 9
162 5
148 2
861.1
805 2
720 2
678 0
140 8
127 2
940.9
889 6
777 1
740 4
163 8
149 2
617.1
588 5
465.2
446 9
152 0
141 6
473.7
446.5
346.4
329 5
127.3
117 0
907.3 1,048.5
995.7
849 9
856.8
751 6
815.6
706 5
191. 7
155 7
180 1
143 3
855.2
807 4
682 1
644 0
173 2
163 3
788.7
741 5
694 0
588 8
164 7
152 7
' 719. 1 r 689. 2
r 683. 5 r 650. 8
555.2
571.4
528.4
545.0
333 45
292 11
103. 23
34 64
29 46
10 97
28 50
24 10
11 82
33 24
30 20
9 83
27 09
24 84
10 24
16 95
14 95
7 92
10 92
9 48
7.97
35 13
31 39
7 45
34.47
28.30
'8.87
32 84
27 92
7 48
\\1 620 45 1 846 72
500. 88 691. 15
1
114 65 146. 01
137 47
46 65
13 12
182 77
51 72
12 96
185 26
63 89
14 61
185 53
68 52
12 65
160 15
40.99
8.63
120 38
26.58
9.70
148 65
68 37
11 90
177 66
76.61
13.94
12 760 12 561
8 581 7 910
12 474
1 935
12 606
8 942
11 370 r l O 702
7,941
7,554
11 903
8 730
2 195
1 530
1 754
2 827
3 651
341.3
5,971
162.2
MOTOR VEHICLES
Factory sales (from plants in U.S.), total
Domestic
Passenger cars, total
Domestic
Trucks and buses, total .
Domestic
thous ..
do
do ..
do
do
do
Exports:
Passenger cars (new), assembled
To Canada
Trucks and buses (new), assembled
do
do
do
Imports:
Passenger cars (new) complete units
From Canada, total.
Trucks and buses, complete units
do
do
do
Shipments, truck trailers:
Complete trailers and chassis
number
Vans..
do
Trailer bodies and chassis (detachable), sold
separately
number
Registrations (new vehicles): 0
Passenger cars
Foreign cars
Trucks.
thous
do
do
330 46
286 78
92 03
3
113 928 r!38 347
94, 808
75 148
33 761
33 332
^9 403 9 9 446. 5
i 985 8 1 061 6
l
l 775 6 1 888 8
3 079
2 368
r 134. 1
776.9 2 810. 6
732.2
626.2 2 661. 1
594.4
150.7 2 149. 4
137.8
r 147. 7
r 138 5
«• 122. 4
30 39
25.96
8.33
18 76
14 64
6.40
19.19
15.44
8.66
18.40
13.98
10.61
154 02
70.84
3 86
165 11
73.25
13.90
177 06
59.19
12.04
167 79
61.35
10.29
177. 07
70.00
9.99
12 359
8,761
10 768
7 754
9 899
6,556
10,004
6,795
r
r
3 532
3 727
4 039
3 461
9 824
6, 547
9,845
6,851
3 947
3 639
5
718. 8 5 733 4 s 955. 6 5 757. 5 * S«912. 5 s 619. 1 8 578. 4 s 8741. 1
681 2 « 876. 0 5 889 1 s 841 9 5 815. 3
99.8
581 8 8 073.8
58 1 s 98 3 5 107 9 5 91 7 s 90 2 s 95 6 5 95 i 5 112 6 5 93 6 * 101 7
124 4 8 155 2
144 0 5 174 6 i 172 8 s 160 9 s 169 6 5 153 8 5 149 i 5 174 4 5 146 8 4 5185 0 5 130 9
RAILROAD EQUIPMENT
Freight cars (AKCI & AAR):
Shipments cf-_
Equipment manufacturers
Railroad shops, domestic
number
do
do
56 262
38 991
17* 271
68 452
54 072
14 380
5 312
4 516
796
6 571
5 353
1 218
5 826
4 667
1 159
5 445
3 888
1 557
4,861
3 770
1 091
5 482
4 032
1 450
6 881
4 879
2 002
6,972
5 181
1 791
6 273
4 941
1 332
5 765
4 640
l'l25
4 282
3 484
798
5,755
4 859
896
6,632
5 386
1 246
New orders cT ..
FjQuipment manufacturers
Railroad shops, domestic
do
do
do
163 561
i 49 391
14 170
84 345
65 401
18 944
5 957
5 157
800
19 721
19 329
392
6 263
6 203
60
7 968
6 683
1 285
5,747
3 047
2 700
2 679
2 284
*395
3 782
3 148
634
8 264
3 456
4 808
9 022
4 753
4*269
2,032
2 032
o
3,632
3 236
396
3,080
1 948
1,132
Unfilled orders, end of period cf
Equipment manufacturers
Railroad shops, domestic
do
do
do
31 740
24 540
7 200
46 751
35 508
11 243
34 073
24 331
9 742
47 208
38 292
8 916
47 445
39 628
7 817
50 395
42 850
7 545
51 233
42, 079
9 154
47 915
39,816
8 099
4 504
4 021
483
45 133
38*853
6 280
42 043
36, 920
5,123
43 460
35361
8 099
46 751
35, 508
11 243
44 201
33, 756
10, 445
40 704
30, 759
9 945
36 426
26, 595
9,831
1 446
53
1 443
54
1 442
5 5
1 441
'5 5
1 440
55
1 440
55
1 438
5.6
1 438
5.7
1 435
5.6
1 434
5.7
Freight cars (revenue), class 1 railroads (AAR):§
Number owned, end of period
thous
1 458
1 438 1 452 1 449 1 448
Held for repairs, % of total owned
52
53
5 2
56
51
Capacity (carrying), aggregate, end of period
no QC
mil tons
93 82
93 91
94 37
93 94
Average per car
.
tons
64*. 34
65!62 64'. 68 64.82 64.87
' Revised.
i Annual total includes revisions not distributed by months.
2 Preliminary
estimate of production.
3 Beginning 1969, data exclude vehicles on runners and skis.
includes delayed registrations for several States.
* Omits data for one State.
«Omits data
for three States.
? Revisions for Jan.-Feb. 1970 (units above): Coats, 265; 199; shirts,
1,784; 1,799.
s Omits data for two States.
d"Beginning May 1969, data (compiled jointly by the American Railway Car Institute and
94 45
93 98
94 52
94 45
94 37
94 15 94 22
94 38
94 01 93 96
esiso 65.91
65^35
65!23 65.62
65^69
65^45
65!02 65.' 11 65.19
the Association of American Railroads) refer to new cars for all domestic users. Not covered
are rebuilt cars and cars for export; also, cancellations are not reflected.
9 Total includes backlog for nonrelated products and services and basic research.
©Data include military-type planes shipped to foreign governments.
©Courtesy of R. L. Polk & Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.
INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate
Domestic trade
1-7
7-9
9,10
11,12
Labor force, employment, and earnings
Finance
Foreign trade of the United States
Transportation and communications
13-16
16-21
21-23
23,24
Industry:
Chemicals and allied products.
Electric power and gas
Food and kindred products; tobacco
Leather and products
24,25
25,26
26-30
30
Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
31
31-34
34-36
36,37
Rubber and rubber products
Stone, clay, and glass products
Textile products..
Transportation equipment
37
38
38-40
40
INDIVIDUAL SERIES
Advertising
11,16
Aerospace vehicles
40
Agricultural loans
16
Air carrier operations
23
Aircraft and parts
4,6,7,40
Alcohol, denatured and ethyl
25
Alcoholic beverages
11,26
Aluminum
33
Apparel
1,3,4,8,9,11-15,40
Asphalt and tar products
35,36
Automobiles, etc
1,3-6,8,9,11,12,19,22,23,40
2,3
Balance of international payments
16,17
Banking
27
Barley
34
Battery shipments
28
Beef and veal
Beverages.
4,8,11,22, 23.26
5-7
Blast furnaces, steel works, etc
Bonds, outstanding, issued, prices, sales, yields.... 18-20
33
Brass and bronze
38
Brick
20
Broker's balances
6,7,
Building and construction materials...
9,10,31 36,38
10
Building costs
10
Building permits.
7
Business incorporations (new), failures
5
Business sales and inventories
26
Butter
28
Cattle and calves
Cement and concrete products
9, 10,38
8
Cereal and bakery products
12
Chain-store sales, firms with 11 or more stores. . .
26
Cheese
Chemicals
4-6,8,13-15,19, 22-25
30
Cigarettes and cigars
9,38
Clay products
Coal
4,8,22, 34,35
Cocoa
23,29
Coffee
23,29
Coke
35
Communication
2, 20,24
Confectionery, sales
29
Construction:
10
Contracts
10
Costs
Employment, unemployment, hours, earnings.. 13-15
1
Fixed investment, structures
9,10
Highways and roads
10
Housing starts
10
Materials output indexes.
New construction put in place
9
Consumer credit
17,18
1
Consumer expenditures
3,4
Consumer goods output, index
8
Consumer price index
Copper
33
Corn
27
8
Cost of living (see Consumer price index)
Cotton, raw and manufactures
7,9,22, 38,39
30
Cottonseed cake and meal and oil
Credit, short- and intermediate-term
17,18
Crops.
3,7,27, 30,38
Crude oil and natural gas
. 4,35
Currency in circulation
19
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank.
Disputes, industrial
Distilled spirits
Dividend payments, rates, and yields
Drug stores, sales
3,7,8, 26,27
16
18
11,12
16,17,19
16
26
2,3,19-21
11,12
Earnings, weekly and hourly
15
Eating and drinking places
11,12
Eggs and poultry
3,7,8,28,29
Electric power
4,8,25,26
Electrical machinery and equipment
4-7,
9,13-15,19,22,23,34
Employment estimates
13-15
Employment Service activities
16
Expenditures, U.S. Government
18
Explosives
25
Exports (see also individual commodities)
1,2,21-23
Express operations
23
Failures, industrial and commercial
7
Farm income, marketings, and prices
2,3,7,8
Farm wages
15
Fats and oils
8,22,23,29,30
Federal Government
finance
18
Federal Reserve banks, condition of
16
Federal Reserve member banks
17
Fertilizers
8,25
Fire losses
10
Fish oils and
fish.
29
Flooring, hardwood
31
Flour, wheat
28
Food products
1,4-8,11-15,19,22,23,26-30
Foreclosures, real estate
10
Foreign trade (see also individual commod.)
21-23
Foundry equipment.
34
Freight cars (equipment)
4,40
Fruits and vegetables
7,8
Fuel oil
35,36
Fuels
4,8,22,23,34-36
Furnaces
34
Furniture
4,8,11-15
Gas, output, prices, sales, revenues
Gasoline...
Glass and products
Glycerin
Gold
Grains and products
Grocery stores
Gross national product
Gross private domestic investment
Gypsum and products
,
4,8,26
1,35
38
25
19
7,8,22,27, 28
11,12
1
1
9,38
Hardware stores
Heating equipment
Hides and skins
Highways and roads. .
Hogs
Home electronic equipment
Home Loan banks, outstanding advances
Home mortgages
Hosiery
Hotels
Hours of work per week
Housefurnishings
1,4,8,
Household appliances, radios, and television sets.
8,
Housing starts and permits.
11
9,34
9,30
9,10
28
8
10
10
40
24
14
11,12
4,
11,34
10
Imports (see also individual commodities)... 1,2,22,23
Income, personal
2,3
Income and employment tax receipts
18
Industrial production indexes:
By industry.
3,4
By market grouping
3,4
Installment credit
12,17,18
Instruments and related products
4-6,13-15
Insurance, life
18,19
Interest and money rates
17
Inventories, manufacturers* and trade
5,6,11,12
Inventory-sales ratios
5
Iron and steel
4-7,9,10,19,22, 23,31,32
16
Labor advertising index, strikes, turnover.
13
Labor force
Lamb and mutton
28
28
Lard
33
Lead.
Leather and products
4,9,13-15, 30
Life insurance
18,19
Linseed oil
30
Livestock.
3,7,8,28
Loans, real estate, agricultural, bank, brokers*
(see also Consumer credit)
10,16,17,18,20
Lubricants
35,36
Lumber and products
4,9,10-15,19,31
Machine tools
34
Machinery
4-7,9,13-15,19,22,23,34
Mail order houses, sales
11
Man-hours, aggregate, and indexes
14
Manmade fibers and manufactures
9, 39
Manufacturers* sales (or shipments), inventories,
orders
5-7
Manufacturing employment, unemployment, production workers, hours, man-hours, earnings. . . 13-15
Manufacturing production indexes
3,4
Margarine
29
Meat animals and meats
3,7,8,22, 23,28
Medical and personal care
8
Metals
4-7,9,19,22,23,31-33
Milk
27
Mining and minerals
2-4,9,13-15,19
Monetary statistics
..
19
Money supply
19
Mortgage applications, loans, rates
10,16,17,18
Motor carriers
23,24
Motor vehicles
1,4-6,8,9,11,19,22,23,40
Motors and generators
34
National defense expenditures
1,18
National income and product
1,2
National parks, visits
24
Newsprint
23,37
New York Stock Exchange, selected data
20,21
Nonferrous metals
4,9,19,22,23,33
Noninstallment credit
18
Oats
27
Oil burners
34
Oils and fats
8,22,23,29,30
Orders, new and unfilled, manufactures*
6,7
Ordnance
13-15
Paint and paint materials
Paper and products and pulp
8,25
4-6,
9,13-15,19,23,36,37
Parity ratio
7
Passports issued
24
Personal consumption expenditures
1
Personal income
2,3
Personal outlays
2
Petroleum and products
,
4-6,
8,11-15,19,22,23,35,36
Pig iron
31,32
Plant and equipment expenditures
2
Plastics and resin materials
25
Population
13
Pork
28
Poultry and eggs
3,7,8,28,29
Prices (see also individual commodities)
7-9
Printing and publishing..
4,13-15
Private sector employment and earnings
15
Profits, corporate
2,19
Public utUities.
2-4,9,19-21,25,26
Pulp and pulpwood
36
Purchasing power of the dollar
9
Radiators and convectors.
34
Radio and television
4,11,34
Railroads
2,15,16,20,21,24,40
Railways (local) and bus Knes^
23
Rayon and acetate
39
Real estate
10,17,18
Receipts, U.S. Government
18
Recreation
8
Refrigerators and home freezers
34
Rent (housing)
8
Retail trade
5,7,11-15,17
Rice
27
Roofing and siding, asphalt
36
Rubber and products (incl. plastics)
4-6,
9.13-15,23,37
Saving, personal
Savings deposits
Securities issued
Security markets
Services
Sheep and lambs
Shoes and other footwear
Silver
Soybean cake and meal and oil
Spindle activity, cotton
Steel (raw) and steel manufactures
Steel scrap
Stock prices, earnings, sales, etc
Stone, clay, glass products
Stoves and ranges
Sugar
Sulfur
Sulfuric acid
Superphosphate
2
17
19,20
20,21
1,8,13
28
9,11,12,30
19
30
39
22, 23,31,32
31
20,21
4-6,9,13-15,19,38
34
23,29
25
24
25
Tea imports
29
Telephone and telegraph carriers
24
Television and radio
4,11,34
Textiles and products.... 4-6,9,13-15,19,22, 23,38-40
Tin
33
Tires and inner tubes
9,11,12,37
Tobacco and manufactures
4-7,9,11,13-15,30
Tractors
34
Trade (retail and wholesale)
5,11,12
Transit lines, local
23
Transportation
1,2,8,13,23,24
Transportation equipment
4-7,13-15,19,40
Travel
23,24
Truck trailers
40
Trucks (industrial and other)
34,40
Unemployment and insurance
U.S. Government bonds
U.S. Government
Utilities
13,16
16,17,20
finance
18
2-4,9,19-21,25,26
Vacuum cleaners. . .
Variety stores
Vegetable oils
Vegetables and fruits
Veterans* benefits
Wages and salaries
Washers and dryers
Water heaters
Wheat and wheat
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc.
34
11,12
29,30
7,8
1»
flour
2,3,15
34
34
27 2
£X
8,9
5,7,11,13-15
36
9,39
33
UNITED STATES
GOVERNMENT PRINTING OFFICE
D I V I S I O N OF P U B L I C DOC1
WASHINGTON, D.C. 20402
OFFICIAL BUSINESS
New Tool for
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T
he detailed input-output structure of the U.S.
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For more details, contact your nearest field
office of the U.S. Department of Commerce (addresses
are shown on the inside front cover).
@FedFRASER