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MAY 1971 / VOLUME 51 NUMBER

5

SURVEY OF
CURRENT BUSINESS

MAY 1971 / VOLUME 51 NUMBER

SUKVEY OF CURRENT BUSINESS

CONTENTS

U*S»

of

Maurice H. Stalls /Secretary
THE BUSINESS SITUATION
Summary

1

National Income and Product Tables
Public and Private Debt

11
15

ARTICLE:
Personal Income in Metropolitan and
Nonmetropolitan Areas

16

Harold C* Passer / Assistant Secretary
for Economic Affairs

Office of Business '
George Jaszi / Director
Morris R. Goldman / Associate Director
Lora S. Collins / Editor
Leo Y* Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics

TO
Ago Amfrre/
Lora S, Collins
John A.

Donald A. King
Esther C« Kittner
Mordeehai E. Lando

Regional Economics IMvision Staff
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OUKBEOT BUSINESS STATISTICS
General

S1-S24

Industry

S24-S40

Subject Index (Inside Back Cover)

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the BUSINESS SITUATION
The recent past has been marked by a
rather abrupt reversal of the course of
interest rates. After declining precipitously from the highs reached last spring
and summer, short-term rates turned
around in March and had increased
one-half to three-fourths percentage
point by early May. Rates have also
been increasing in long-term markets,
where the declines registered earlier
this year have been essentially erased.
Corporate profits rebounded sharply
in the first quarter, mainly because of
recovery from the effects of the auto
strike. The profits rebound was an
important factor in the decline of the
Federal deficit on the NIA basis.
The Business Situation article also
reviews recent trends in construction
activity, auto demand, and consumer
installment credit.

J. HE recent past has been marked by
a rather abrupt reversal of the course of
interest rates. After declining by as
much as 4 or 5 percentage points from
the highs reached in the late spring and
early summer last year, short-term
interest rates turned around in March
and had increased one-half to threefourths of a percentage point by early
May. Despite ongoing weakness in
business loan demand, this shift in
money market rates carried through to
the prime rate, which was raised from
5% to 5% percent in the latter part of
April. This was the first prime rate
increase in nearly 2 years and followed
10 consecutive reductions, starting in
March 1970, which had brought the
rate down from a record 8% percent.
Kates have also been increasing in
long-term markets, and by early May
the declines registered earlier this year
had been essentially erased. To some




extent the rate increases in capital markets reflected the recent unusually
heavy volume of new corporate security
issues. As part of their efforts to rebuild
liquidity, corporations have been borrowing heavily in capital markets and
using the funds to repay short-term
debt. The gross proceeds from new
corporate issues in the final 3 months of
last year averaged $4 billion (a record at
the^time), fell off to about $3 billion in
January and February this year, and
surged to an estimated $6 billion in
March.
The recent reversal in interest rates
also reflects a somewhat less accomodative monetary policy. This has emerged
partly as a reaction to the recent rapid
growth of the monetary aggregates.
The Federal Keserve has been aggressively promoting money and credit
expansion since last summer, though
the impact of stimulative policy was not
evident in the money supply and some
of the other major aggregates until the
early months of this year. In the fourth
quarter of last year, when economic
activity was depressed by the auto strike,
demands for money and credit were very
weak and the money supply (currency
and private demand deposits) recorded
a very sluggish growth of only %%
percent (pnnual rate). After the turn of
the year, when activity accelerated,
transactions demand for money strengthened and money supply growth soared
to a 9-percent rate in the 4 months
ending in April. This is out of line with
the 6 percent growth rate in the first
9 months of last year, and with the
target range of 5 to 6 percent that the
monetary authorities apparently believe
isx consistent with the resumption of
baiajiced economic growth.
Another important consideration in
the recent formulation of monetary

policy has been the heavy rate of shortterm capital outflows from the United
States, which heightened concern over
the strength of the dollar in international markets. As a result of the
precipitous decline of short-term interest rates in this country—and in the
Eurodollar market, which is closely
related to domestic money market
conditions—wide international interest
rate differentials developed, which stimulated huge liquid capital outflows. The
shift away from dollar holdings into
other currencies led to a large accumulation of dollars by foreign official
agencies and seriously impaired the
pursuit of tight monetary policies in
some foreign countries (most notably
West Germany). In terms of the U.S.
balance of payments, that accumulation has been reflected in the huge
deficits on the official reserve transactions basis in recent quarters.
The U.S. authorities probably expected that a somewhat less accomodative monetary policy would also help
to stem liquid capital outflows and
mitigate pressures on the dollar in
international
markets.
Moreover,
because unusually large differentials
persisted between short- and long-term
rates in the United States, there was
reason to believe that some firming of
short rates could have been accomplished without transmitting pressures
to long-term rates, and might even have
been consistent with some easing in the
long-term structure—a repetition of
what had in the past been called
"Operation Twist.7'
As it turned out, however, the rise
in interest rates in the United States
did not succeed in relieving the pressures on the dollar in international
markets. In early May, a round of
adjustments began which has resulted,

•SURVEY OF CURRENT BUSINESS
to date, in the West German mark and
the Dutch guilder being set free to
float in relation to the dollar and the
Swiss franc and the Austrian schilling
being revalued upward.
The recent modest firming in U.S.
money and credit market conditions
came at a time of significant uncertainty on the part of market participants, many of whom apparently
overestimated the significance of the
economy's first quarter expansion.
When interest rates began to move up,
an important part of the financial
community interpreted this as pointing
to a rising demand for credit, a return
of liquidity pressures, and higher interest rates in the future. Consequently,
the volume of bond and note activity
was swelled by borrowers who believed
that the lows in interest rates had
passed and that borrowing would become increasingly costly in the future.
At the same time, expectations of
rising interest rates made lenders more
reluctant to commit themselves to
long-term obligations.
Employment and income in April
The April employment data show
no significant changes from the conditions prevailing in recent months. All
of the major indicators of the employment situation have been essentially
unchanged since December, when the
unemployment rate reached its recent
high of 6.2 percent. The civilian labor
force and total employment rose somewhat in April and the unemployment
rate edged up from 6.0 to 6.1 percent.
The rates for most labor force subgroups also showed little change. The
only exceptions were sizable increases
for part-time workers (to 9.4 percent)
and for Negro workers (to 10.0 percent), but these series are subject to
large fluctuations due to sampling
errors.
Nonagricultural payroll employment
increased slightly—by less than 60,000
persons—in April. The gain would have
been even smaller had it not been for
a net reduction of 35,000 in the number
of workers on strike. The employment
gain centered in construction and State
and local government, as the number
of workers on manufacturing payrolls



continued to decline. The average
workweek for all private workers increased a bit even though the manufacturing workweek shrank slightly
after a sizable increase in March.
Personal income rose $4% billion in
April to a seasonally adjusted annual
rate of $841% billion. The April increase
was about the same as the average for
the preceding 2 months. There was a
moderate but fairly broadly based increase in payrolls. The largest increase
was $1 billion in the distributive industries. Manufacturing payrolls were unchanged, as substantial gains in hourly
earnings were offset by declines in
employment and the average workweek.
Another large increase was registered
for transfer payments, which reached
$89 billion or 11 percent of total personal income. The relatively rapid
increase in transfer payments in recent
months has not been centered in eny
single component but reflects gains in
all major categories—social insurance
benefits, unemployment insurance, veteran's benefits, and relief. In the first
4 months of 1971, transfers were 18
percent above their level a year earlier
while total personal income was up
only 6 percent.
Corporate profits higher
Corporate profits rebounded very
substantially in the first quarter of 1971,
according to OBE's preliminary estimate. The improvement largely reflected a makeup of production and sales
lost as a result of the GM strike. The
motor vehicle industry alone accounted
for approximately 70 percent of the
growth in profits. In both absolute and
relative terms, the quarter's gain in
total profits was the strongest since the
first quarter of 1965, when the economy
was recovering from the effects of
strikes at GM and Ford.
Book profits before tax were at a
seasonally adjusted annual rate of $86%
billion in the first quarter, up $10 billion from the fourth, but still $7 billion
below the record set in the second
quarter of 1969. The $10 billion increase
is a sharp turnaround from the $8 bil-

May 1971

lion decrease in the last quarter of 1970.
Profits tax liability increased $4 billion,
after tax earnings $6 billion, and retained earnings (after dividends) $5.4
billion.
Book profits include gains or losses
due to differences between the replacement cost of goods taken out of inventory and the cost at which they are
charged to production. These gains or
losses are excluded from the estimate of
the profits share of national income. Inventory profits rose $0.7 billion from
the fourth quarter to the first and
profits on the national income basis increased $9% billion to an annual rate
of $82% billion.
The proposed liberalization of the depreciation rules used in calculating taxable income, announced in January, had
not as yet gone into effect when the
SURVEY went to press. Thus, the liberalizations had no effect on first quarter
profits and depreciation as estimated
by OBE. However, the changes, if and
when promulgated, are expected to be
retroactive to the beginning of the year
and it will therefore be necessary for
OBE to review the estimates of first
quarter profits and depreciation. The
effect of the regulation change would be
to increase depreciation allowances and
cash flow and reduce profits.
Federal deficit shrinks
The strong rebound of economic activity in the first quarter worked to increase Federal receipts and reduce the
Federal deficit on the NIA basis. The
deficit was $13% billion at an annual
rate, down $5-billion from the fourth
quarter figure.
Receipts were up $9 billion—the
largest rise in 2 years—largely because
of the rebound in profits and auto sales
in the wake of the GM strike settlement. Corporate tax liabilities rose very
strongly despite the elimination of the
surcharge. The effect of other tax
changes, including an increase in social
security contribution rates and cuts in
income tax rates due to the Tax Reform
Act of 1969, were largely offsetting.
Federal expenditures rose more than
$4 billion, to an annual rate of $214
billion. The increase centered in transfer payments and grants-in-aid; pur-

May 1971

chases of goods and services were up
only slightly despite a $2% billion pay
raise. Defense purchases, excluding the
impact of the pay raise, fell nearly $2%
billion at an annual rate.
Another deficit, probably larger than
that in the first quarter, will be recorded
in the current quarter. Expenditures
will advance rapidly, despite a continued decline in defense spending. In particular, social security benefits will be
increased 10 percent in June retroactive
to January 1. Other transfers and grants
also are expected to increase, although
subsidies (net of the current surplus of
government enterprises) will fall, largely
because of the higher postal rates effective in mid-May. Receipts will rise,
but at a slower pace than in the first
quarter.
GNP revisions
On the basis of more complete source
data, OBE has revised the estimate of
first quarter GNP. Most major demand
components were affected by the revisions, but the changes were generally
small. The aggregate effect was to raise
GNP about $2% billion above the preliminary figures. The estimates of consumption spending, especially for durable goods other than automobiles, were
revised up while the disposable income
estimate was barely changed. Thus the
saving rate is now calculated to have
been 7.0 percent rather than 7.2 percent. The implicit price deflator was
little affected by the revisions. Real
GNP is now estimated to have risen at
an annual rate of about 7 percent.
Construction Trends
The total of public and private
construction spending passed $100 billion in January, at a seasonally adjusted
annual rate. There was a large gain in
February, but preliminary figures for
March indicate a decline due to drops
in outlays for public construction and
for some types of privately owned
buildings. Nevertheless, the current
recovery seems broadly based and
further expansion in many categories
is virtually certain.
Spending for nonfarm residential
construction currently accounts for
about half of the private total. (Farm



SUKVEY OF CURRENT BUSINESS

residential construction, which is reported together with other farm construction, is of very modest volume.)
The importance of homebuilding means
that its swings, which have been severe
in the past few years, have been a
major factor underlying the swings in
the private total (chart 1). The sum
of all other types of private construction has expanded relatively smoothly
in the 1960's, interrupted by periods of
approximate stability during the economic slowdowns of 1966-67 and 1970.
Residential outlays dropped from
$32% billion (seasonally adjusted annual rate) in the second quarter of 1969
to $27% billion in the third quarter of
1970. The very steep increase in the
past two quarters .carried outlays to a
rate of $35% billion.
Movements in outlays of course reflect movements in new housing starts,
with swings in spending lagging somewhat behind swings in starts. The low
in the starts rate was reached in early
1970, after a decline that persisted
throughout 1969. The recovery since
then has been strong and quite smooth;
starts averaged a seasonally adjusted
annual rate of 1.79 million units in the
first quarter, compared with 1.25 million 1 year earlier. Forecasts of 1971
starts have run on the order of 1% to 2
million units and if mortgage credit
conditions remain favorable, this will
clearly be a very strong housing year.
Inflation puts an uptrend into the
average expenditure per unit constructed, but for the past year or so
the rise in costs has been partly offset
by an apparent trend to "less house
per unit," i.e., to smaller and cheaper
units. Average spending per unit has
not been affected by any appreciable
change in the mix of units between
single homes and apartment structures
(the latter being much less costly to
build, on average). The 1969 declines,
and 1970 increases, were of about equal
magnitude in the two broad categories.
Nonresidential construction
The economic slowdown last year cut
into the growth of commercial construction but early 1971 saw a steep advance.
This category—consisting of office
buildings, stores, restaurants, and other

buildings for the trade and service
industries—has shown persistent strong
growth in recent years.
The "industrial'' construction category consists mainly of factories and
had its strongest growth during the
capital investment boom of the mid1960's. There has been a general decline
in this category since late 1966, and its
weakness in recent years is reflected in
the trend in manufacturers' capital
spending. As estimated by the OBESEC surveys, manufacturers' capital
spending (for plant and equipment
together) grew strongly through 1966
CHART 1

Construction Outlays
Billion$ (Ratio scale)
80

70
60
Private

50
40
30

20
15
40

PRIVATE
30

20

Other

1962

64

66

68

70

Seasonally Adjusted at Annual Rates

Data: Census
U.S. Department of Commerce, Office of Business Economics

71-5-1

SURVEY OF CURRENT BUSINESS
but has been sluggish since then; the
latest expectations survey points to
some uptrend within 1971 but no change
for the year as a whole from last year's
total.
It is difficult to make a reliable
estimate of the relative roles of price
rise and real change in commercial
and industrial outlays. However, it
seems certain that industrial construction has been shrinking in real terms for
several years while the real volume of
commercial construction has probably
been growing steadily with an interruption in 1970. Contracts for commercial and industrial construction, stated
in terms of square footage, declined in
1966 from a peak early in that year,
recovered through 1969, declined in
1970, and showed renewed strength
early this year. Growth in the commercial category seems highly likely
this year, but industrial construction is
unlikely to expand until economic
activity and capacity
utilization
strengthen substantially.
Spending by telephone and telegraph
companies has been growing very
rapidly in the past few years, which is
not surprising in view of the severe
capacity pressures in some areas.
Growth persisted last year until the
fourth quarter, when outlays stabilized;
they continued to show little change
early this year, but further expansion
in 1971 seems highly probable.
So far as can be determined, electric
utilities have also increased their construction spending at a rapid rate in
recent years and will probably do so
again in 1971, while spending by the gas
utilities has been rather sluggish. As
estimated by the OBE-SEC survey,
electric companies7 aggregate spending
for plant and equipment rose 19 percent
last year and is expected to rise 22
percent in 1971, while gas company
outlays are shrinking. The Census
Bureau's construction estimates do not
provide separate data for utilities
(except for telephone companies) and
they are lumped on chart 1 with farm
construction, assorted private buildings
(educational, religious, institutional,
etc.), and a miscellaneous category. The
table shows the magnitudes involved,
with farm construction and "other"
utilities combined of necessity. Farm



construction likely amounted to little
more than $1 billion last year; electric
utilities account for the bulk of the
"other utilities" category.

New Construction Put in Place
[Billions of dollars]

1968
Total
Private
__
._.._._
Residential (nonfarm) _ . . . .
C oinmercial
Industrial
_.. ...
Telephone and telegraph
Other utilities
Farm
... ... I
Hospital and institutional
Religious
Educational
_
- All other
Public
Buildings
..- Roads
All other

84.7
57.0
28.8
8.3
5.6
1.7
7>1

1.6
1.0
1.0
1.9
27.7
10.4
9.3
8.0

1969
90.9
62.8
30.6
10.1
6.4
2.2
7.3
2.3
.9
.9
2.2
28.1
11.2
9.3
7.6

1970
91.3
63.1
29.3
10.5
5.9
3.0
7. 6
2.6
.9
.7
2.5
28.2
10.7
10.0
7.5

Source: Bureau of the Census.

The last 2 years saw extremely fast
growth in private construction outlays
for hospitals and related institutions.
Even allowing for inflation, the growth
was dramatic and was probably related
in some measure to growth in the
private nursing home business. Private
educational construction, on the other
hand, has been shrinking for several
years and religious construction for an
even longer period.
Public construction
Outlays for publicly owned construction, which add up to a total nearly
half as large as private outlays, were
significantly affected during the past
2 years by restrictive monetary and
fiscal policies. It is well known that
the credit restraint effective in 1969
and into 1970 put a heavy damper on
the ability of State and local governments to borrow in the capital markets.
This was reflected in their spending,
which comprises nearly 90 percent of
the public total (though Federal grants
reduce the actual State and local share
of the costs). In addition, the Federal
Government in September 1969 imposed a partial moratorium on its own
construction contracting, and urged
the States to do likewise. This was in
effect for 6 months.
Construction of public buildings fell
after mid-1969 and was showing only

May 1971

faint signs of recovery late in 1970.
The path of highway and street outlays
was closer to horizontal, on balance,
with several rises and falls in the past 2
years. The catchall "other" category—
which includes water and sewer
facilities—began rising last year after
a very steep drop from early 1969.
In 1971, with credit once more
easily available and borrowing costs
down, further growth in public outlays
seems certain. The needs are apparently
considerable, and the expansion could
be quite large.

Recent Auto Demand
Sales of new automobiles, counting
both domestics and imports, were at a
seasonally adjusted annual rate of 10
million units in the first quarter of 1971
and held at this rate in April. This compared with rates of about 9 million
units in each of the first three quarters
of 1970 and 7 million in the strikeaffected fourth quarter.
Sales of imports (excluding domestictype cars imported from Canada) have
been on a rising trend during this period,
moving from an annual rate of just
under 1.2 million units in the first
quarter of 1970 to 1.5 million in the first
quarter of this year. Sales of domestics
(including those built in Canada) fluctuated narrowly around a seasonally
adjusted annual rate of 1% million units
in the first three quarters of 1970, fell to
5.4 million in the fourth quarter, and
then rose to 8.4 million in the first quarter of 1971.
In the absence of a determination of
the "basic" demand for cars, it is difficult to estimate the extent to which
sales lost during the General Motors
strike have been made up. One approach
is to use the crude assumption that, had
there been no strike, sales would have
held through the first quarter of 1971 at
the prestrike rates—7% million units for
domestic types and l}{ million for
imports. On that assumption, the sales
loss in the fourth quarter was slightly
more than 2 million units in annual rate
terms. The fourth quarter loss to
General Motors was larger than that,
amounting to perhaps as much as 2.4
million units (annual rate); however,

SURVEY OF CURRENT BUSINESS

May 1971
Table 1.—Retail New Car Sales: Percentage
Distribution by Price Line and Origin
Total
domestictype cars
and
imports

Domestic-type cars l
ImHigh Medium Low ports 2
priced priced priced
4
4
5
5
4
5
4

100
100
100
100
100
100
100

1964
1965
1966
1967
1968
1969
1970

74
78
80
80
78
73
66

16
11
8
7
7
10
15

6
6
7
9
11
12
15

(Seasonally adjusted)
1970-1

100
100
100
100

4
4
4
3

69
68
67
58

14
14
16
18

13
14
14
21

1971-1

100

5

63

17

15

II....
III...
IV...

1. High priced cars include: Cadillac, Eldorado, Toronado,
Riviera, Thunder-bird, Lincoln, Mark III, and Imperial.
Low priced cars include: Chevy II (Nova), Corvair, Comet
(1964 and 1965), Falcon, Maverick (since April1969), Valiant,
Dart, Rambler American (Hornet), Gremlin (since April
1970), and Pinto and Vega (since September 1970). 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.

share taken by medium price cars,
although such cars still account for the
major share of the market. The shift has
been to lower priced domestics and also
to imports, which are for the most part
low priced; the market share of high
priced cars has shown little variation.
Apart from the distortions caused by
the General Motors strike, these trends
continued through 1970 and into the
first quarter of 1971.
Strike-related distortions accounted
for some of the changes in market share
in the latest two quarters. Averaging
the two quarters together, high priced
domestic cars accounted for 4 percent
of sales, equal to their share in the

CHART 2

New Car Sales
Million Units (Ratio scale)

15

Domestic and Imports, Total

there was a partial offset, or makeup, as
sales of other domestic types ran ahead
of the assumed "basic" pace by about
100,000 units (annual rate) and sales of
imports about 200,000 units ahead.
There was a larger makeup in the opening quarter of 1971: sales of domestic
types were about 700,000 units (annual
rate) higher than the "basic" pace and
import sales about 300,000 units higher.
In sum, under the stated assumptions
there was a 50- to 55-percent recovery of
lost GM sales through the first quarter—10 to 15 percent in the fourth
quarter and about 40 percent in the
first. Needless to say, a lower "basic"
demand assumption would result in a
higher estimate of the number of sales
recovered, and vice versa.
Sales by price lines
Chart 2 shows the trend in sales of
new cars by price lines;1 the percentage
distribution of sales is shown in table 1.
As can be seen, there has been a downward trend since 1967 in the market
1. The classification of cars by price line is necessarily arbitrary. The available data do not provide price information for
car sales under a given 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 1971 list prices of
cars classified here as "low priced" are mostly under $2500
(exclusive of optional equipment) but range up to $2,700. For
"high priced" cars, list prices are $5,250 or higher.




Medium Priced

first three quarters of 1970. General
Motors accounts for somewhat over 50
percent of total domestic car sales but
for over 70 percent of high priced cars,
and this was undoubtedly a factor
contributing to the sharpness of the
recent swing in high priced car sales.
Low priced domestics and imports
each had a share of about 18 percent in
the two quarters together, up from an
average 14 percent for each category
in the first three quarters of 1970. The
sales share of medium priced cars
averaged 68 percent in the first three
quarters of 1970, already considerably
lower than in any previous year, and
dropped to an average of only 61 percent in the latest two quarters.
Chevrolet's Vega and Ford's Pinto—
introduced in September 1970—have
become important factors in the low
price market. They accounted for about
36 percent of domestic sales in the low
priced category in the first quarter.
Sales of other domestic low priced cars
and of medium priced models were
sluggish, but import sales continued
to show considerable strength; this
suggests that the new domestic subcompacts scored a considerable number
of their sales at the expense of other
domestic models.
Consumer Installment Credit

<>
2 -

.15

I I I

1964

I I I I I I I I I I I I I I I I I I I I I I I

65

66

67

68

69

Seasonally Adjusted at Annual Rates
Note.-See footnotes to table 1.
U.S. Department of Commerce, Office of Business Economics

70

71

For nearly 2 years now, cautious
attitudes on the part of consumers
have had an adverse impact on spending, particularly for durable goods.
Prior to the development of these
attitudes, consumers were adding to
debt at a record pace; the net expansion
(extensions' less repayments) was $9K
billion in the year ending in the spring
of 1969. However, growing concern
over inflation, unemployment, and the
general state of the economy led the
consumer to hold back on spending and
steeply reduce his use of credit. The net
credit expansion in this year's first
quarter was less than $2% billion at a
seasonally adjusted annual rate. Except
for the strike-distorted closing quarter
of last year, when outstanding credit
actually declined, this was the smallest
expansion since the period of economic
slowdown in 1967.

SURVEY OF CURRENT BUSINESS
Although the slowdown in use of
consumer credit has been evident in all
major debt categories, it has been most
visible in auto credit, the biggest and
most volatile component of the total
(chart 3). The pace of auto credit expansion reached its peak in the second
half of 1968 and then tapered off
progressively in 1969. The volume of
auto paper outstanding contracted modestly during the first three quarters
of last year and very sharply during
the strike-aifected fourth quarter. That
decline more than offset small increases
in the other credit components, resulting in the first decline in the aggregate
since the spring of 1961. The poststrike
surge in auto sales in the first quarter
of this year was accompanied by a sharp
rebound in auto credit extensions, but
consumers continued to make very
heavy repayments of auto debt and
the net increase in the first quarter
was very small.
Weakness in consumer spending for
other types of goods and services
typically bought on credit is evident
in the marked tapering in the growth
of the nonauto components of installment credit—other consumer goods
paper, personal loans, and repair and
modernization loans. The expansion
rate of nonauto credit, in the aggregate,
declined sharply and steadily from a
$6}£ billion increase in the year ending
in the spring of 1969 to a gain of less
than $2% billion (seasonally adjusted
annual rate) in the first quarter of this
year.
The outlook

The course of consumer credit is
inextricably bound to the strength of




consumer demand, and the latter remains the key uncertainty in the outlook for the economy as a whole. Apart
from the short-term effects of the
rebound from the auto strike, the first
quarter data did not indicate any major
recovery of consumer demand for dur-

CHART 3

Consumer Installment Credit
Billion $

30

(Quarterly totals)
25

Extensions

20

15 I—1

NET CHANGE*
2 -

-2

I
1966

f
67

I
68

I
69

I
70

71

Seasonally Adjusted
* Extensions minus repayments.
.U.S. Department of Commerce, Office of Business Economics

71-5-3

May 1971

ables nor any resurgence in the use of
installment credit. Nevertheless, there
is a broadly based consensus that sees
consumer demand strengthening as the
year wears on, although there is less
agreement on the timing and vigor of
this strengthening. Recent surveys of
consumer sentiment indicate some
strengthening of buying intentions,
but a shift in attitudes that will
provide a major thrust to aggregate
demand appears to depend heavily on
progress in reducing inflation and
unemployment.
Some step-up in credit use can be
expected as a result of the current boom
in housing; it is also possible that there
will be a higher volume of auto sales—
and of auto credit use—this year than
last. Beyond that, there is not much
that can be said about the prospective
strength of credit use. However, it
should be borne in mind that the consumer is apparently in a financial
position to embark on heavy spending.
Despite the economic slowdown that
cut sharply into private earnings, disposable personal income has been
fairly well maintained by fiscal actions
such as tax changes, government pay
increases, and increases in social security benefits and other transfer payments. Moreover, individuals have
substantially increased their saving,
which has been above 7 percent of
disposable personal income for the
past year. Thus, consumers have for
some time been cutting back on their
debt burdens and adding very substantially to their holdings of financial
assets, and they are now in a highly
liquid position.

May 1971

7

SURVEY OF CURRENT BUSINESS
•

rWAPT A

9

More complete data show GNP up $30 3 4 billion in first quarter
• In April: The jobless rate inched up to 6.1 percent; nonfarm payroll employment essentially unchanged
Wholesale price rise accelerated as a result of increased prices for industrial commodities
*
TOTAL PRODUCTION

THE LABOR MARKET

Billion $

1,050

Percent

85

16

CIVILIAN LABOR FORCE AND
EMPLOYMENT*

CURRENT DOLLAR GNP**
1,000

—

-.

i

i

i

i

S*\J*^

—

12

-

—

-

8

-

-

Employment
79

i

IMPLICIT PRICE DEFLATOR FOR GNP**
(Change From Previous Quarter)

.4 \x

sr

81

nventory Change

""" Final Safes

850

Later Force

Vir

sr

.X

83

s^F^*

Total
JU£

950

900

/y
/

-

PRICES

Million Persons

i j

4

***•'**++ ^

^

^««..../

i

t

1

Quarterly (1)

77 .1 i i t i 1 i l i i i
QBE

1 1 t i t 1t ) 11(

f fi ii f it r ff
Monthly (Apr.)

0

BLS

iilihil|
Quarterly (l)

Billion $

Percent

1967=100

40

V

140

CURRENT DOLLAR a»P**
(Change From Previous Quarter)
30

UNEMPLOYMENT RATE*

-

20

10

0

Total
\

4

III.HI,,

2

-

0

Quarterly (I)

CONSUMER PRICES
j* \s*

6

-

-

130

-

—

/~*^
^Married Men

120

/**

no ~^s$f^.

( t i t i 1 i i it i

Total

100

i 11 i i 1 i i t i i

1 IM 1 1 1 1 M 1

QBE

Monthly (Apr.)

BLS

Million Persons

1 967 = 1 00

76

120

750

700

-

-

^—

Total
- ^t
*•*
[
Inventory
Change

i

650

-

,«»«*
—

i i

i

f

i

1

i

Quarterly (l)

1

64

60

Hours

45,0

4

0

-4

-.

in•i i
1969

'

1970

*

O-T C

35.0
OBE

* Seasonally Adjusted

* * Seasonally Adjusted at Annual Rates




Toy
f
i^p^"^

110

^T
/
s*~~^**
Industrial
Commoot^
105 2^^
inn

-

i l i i t I i i i t t i Li i i i j i i i ii i t l i i ( i i t i
Monthly (Apr.)

BLS

1967=100

120

*****

3^«' 7'*

WHOLESALE PRICES
Processed Foods

«

3.40

3.20

J/"* Av«mp i
^We^ly Hours*
v^- / (leftseale)

o r\r\

\ i i i 1 1 1 1 1 1 i i i 1 t i i i J 1 i i i t i t i i i t i i i 2.80
1969

1970

Monthly (Apr.)

1971 BLS

A$\

110

\ f\c

^1~*^ ^\>*» ****
100

_

and Feeds

115

/\

Aweragi Hourly Earnmp ...^
(right scale) ^

*****

1971

-

BLS
Dollars

42.5

40.0

Quarterly (I)

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

i 1 1 1 1 1 1 1 1 1 1 1 1 i L t i 1 1 f 1 1 120

PRODUCTION OR NONSUPERVISORY WORKERS
(PRIVATE)

CONSTANT DOLLAR (1958) SNP**
(Change From Previous Quarter)

140

-

- 130

Monthly (Apr.)

Percent

^

i i t i i 1j i i t i

QBE

12

8

-

BLS

-

"^^x

Man-Hoars*
(right scale)

^m^S^t^

Final Sales

115

p.,1 !»»•

*..»—.,,
•«.«*»,«
/
»*•»»* «*jS~

68

i it t i 1 i 11 ii

WHOLESALE PRICES

NONFARM ESTABLISHMENTS
(Employees)
Employment* (leftseate)
^-^\

72

Retail Food*

Monthly (Mar.)

Billions

800

-*i"<^

1 1 1 1 1 1 < i 111 i 1 11 1 11 1 1 111

850

CONSTANT DOLLAR (1958) GNP**

QBE

/

,*/ /
>/

Farm
Prodects

t tj i i f i t t f i t i i t i i ( i t i i t
1969

1970

Monthly (Apr.)

I 1 I t 1 1 Lt § ' J

1971

BLS

8

SUEVEY OF CURRENT BUSINESS

May 1971
I

•
•
•

In April: Personal income rose $4 2 billion
Domestic car sales down a little, imports edged up
Private housing starts rose 11 percent in March
INCOME OF PERSONS

Billior

CHART 5

1

CONSUMPTION AND SAVING

1$

FIXED INVESTMENT
Billio n $

Billior $

700

900

100

PERSONAL CONS>UMPTION EXPENDI TURES**

PERSONAL INCOME**
850

650

800

600

{^
550

750

Producers' Durable Equipment**

^

'^

. —r— -

75

50

Nonresidential Structures**

\

25

Residential Structures**
i l 1 1 1 1 | | Hi ! 1 1 1 1 1 t i >t 1

700

500

t M 1 1 11 M 1 1

Monthly (Apr.)

i

1

i

i

)

1

i

i

i

Quarterly (l)

QBE

t

0

Billio n $

Bill!o n $

Billio 1$

40

100

Total
(left scale)

550

35

^

f

i

t

i

i

i
QBE

PLANT AND EQUIPMENT EXPENDITURES**

RETAIL STORE SALES*

r—-^

t

Quarterly (l)

600

WAGES AND SALARIES**

i

QBE

90

ratal
200

500

Vr~*~~~**^

30

_

,#"'"

80

^^—-«~~
450

Ml

400

1

150

*"

1 1 1 1 | | |v [ 1 |

Manufacturing
(right scale)
i 1 1 t t i t i i 1 1 i 1 1 n i i i i t i 100
Monthly (Apr.)

,.

25

-*-""

70

»«•**<!•* J

o Expected

20

1 1 M

M M

i 1 1

1 1 1 1 1 1 1 1 1 1 1

1 1 1 1 1 1 1 1 1 1 !

Monthly (Mar.)

QBE

t

60

i

Mil ion Units

Bil lion $

12

9

10

_

-

^

8

-Vv\AJW,

\

i

\

\

t

\

\

\

Quarterly (l)

2,700

4 •1 i l 1 1 ]J_L1 LJ

REAL PER CAPITA DISPOSABLE
PERSONAL INCOME**
- (In 1958 Dollars)

;

Shipments

M 1 i 1 M i M1 0

Monthly (Apr.)

Trade Sources & QBE

5

t 1i 1 1 i t 1 M 1

i t i 1 I I1 1 i M

Per cent

Mill! on Units

2.5

i

1

i

1

1970

Quarterly (l)
* Seasonally Adjusted

\

i

i

10

4

1971

2.0

QBE

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



/. I/
*'•»•*

1.5

^
1.0

i

i
1969

* * Seasonally Adjusted, at Annual Rates

Census

PRIVATE HOUSING**

6

i

1 1 i 11 I I t M (

Monthly (Mar.)

12

/

1969

_

New Orders

L 1 1i f 1 i t i M

fS
2,500

/•

6

...» Y/

8

2,600

i

i
OBE-SEC

f—4

PERSONAL SAVING RATE*

-

$

Starts

2,400

i

-

7 _

2
„.,.,.,.-

QBE

Dollars

-^

Imports
(right scale)
*«..••*

\

1

8

6

600

550

i

Domestic

/

650

i

CAPITAL GOODS MANUFACTURERS*

NEW CAR SALES**

^— "^

i

Quarterly (II)

750

DISPOSABLE PERSONAL INCOME* *
s

t

Census

Billior i $

700

~~

Excluding Automotive Group

i

I

i

!

1970

Quarterly (l)

i

t

t

.5

_

Permits

i 1 M 1 i M M 1

1969

1971

QBE

*"*'*

i 1 t 1 1 i 11 1 i 1 1 i t 1 1i 1 t M 1
1970
1971

Monthly (Mar.)

Census

SURVEY OF CURRENT BUSINESS

May 1971

9

• Merchandise exports rose 3 percent in March, imports about unchanged
• In first quarter: Balance of payments showed a sharp deterioration on both the liquidity and official reserve bases
Federal budget (NIA basis) registered a $131/2 billion deficit

•

INVENTORIES

FOREIGN TRANSACTIONS

GOVERNMENT

Billion $

Billion $

Billion $

40

12

140

30

20

-

~

-

8

"

4

10

0

Illl _.!._

o

FEDERAL PURCHASES OF
GOODS AND SERVICES**

NET EXPORTS**

CHANGE IN BUSINESS INVENTORIES**
(GNP Basis)

-4

Quarterly (l)

-

-

120

Total
_-. _.,-,
\
"" "^^O_..

Goods and Services

100 ^•~-^^*

-_^^=^rMerchandise \ —
•

l

i

i

t

QBE

i

i

'

Defense

i

i

i

1

60

Billion $

Billion $

6.0

4

170

_

MERCHANDISE TRADE*
_

Total ^~T^

-

Exports

-Y

i i l l 1 1 i i l 1 l

l 1 i M 1 11 1 1 1

Monthly (Mar.)

Census & QBE

2.0

t i 1 1 11 11 1i <

t—
New Orders
\tt

3

1 1 i 1 1 1 1 11 i i i ii ii i i t i jf

0

Billion $

250

NET FLOW OF PRIVATE U.S. AND FOREIGN CAPITAL
(Other than Liquid Funds)*
2

100

Q

—-~

80

60

Trade
\
1 1 1M 1 I1 1t i

-2

.-••

-i

Monthly (Mar.)

Billion $

2.2

4

-

-

2

*
Manufacturing

u yv

0

^ Vx^ |\
-^vs/ Total Manufacturing and Trade
1.6

1.4

..**

i 1 1 1 1 1 1 1 1 ii
1969

....-, V./Nj.
I M 1 1i i i 1 1 I

1970

Monthly (Mar.)
* Seasonally Adjusted


423-787 O - 71 - 2


t

t

i

i

i

i

150

l

l

QBE

/ *"**•-"**

L I I

1

1

l

Quarterly (I)

QBE

Billion $
175

STATE AND LOCAL PURCHASES
OF GOODS AND SERVICES**

Official Reserve
\ Transactions Basis
\f
\ «*j\

^

Liquidity /

-

150

125

v/\

x

-2

\-~^

^—^^^
~7*

^—•

\

TV \/ \ \ \\

100

-

-

v

1 11 1 1 M I1 1!

1971

Census & QBE

* * Seasonally Adjusted at Annual Rates

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

i

BALANCE OF PAYMENTS*

INVENTORY/SALES RATIOS*

1.8

i

!

Quarterly (IV)

Ratio

2.0

1

Census

„ Expenditures

175

Outflow

i

i 11 i 11 i1111

-

Receipts
\

V ^^

Census & QBE

1 II 1 l l . M I t

225

X\

-4

i r i i 1 1 i i Mi i i i i i 1 i i i l

—

FEDERAL BUDGET**
(NIA Basis)

Inflow
Manufacturing

QBE

Monthly (Mar.)

Billion $

-

t

—

1 1 M . 1 II 1 1 «

4

-

l

.•
f.
Shipments/:

Census

Billion $

L

i

-

1

Imports

140

120

i

t^^i\ j ^tirt^y
M V
V

Monthly (Mar.)

MANUFACTURING AND TRADE INVENTORIES*
(Book Value, End of Month)

i

2 f

r • /

"**v ***

3.0

/
150

_

^^xV"^*^

s\
160

i

DEFENSE PRODUCTS*

5.0

4.0

1

Quarterly (l)

190

__

1

QBE

Billion $

180

~~

80

Quarterly (1)

MANUFACTURING AND TRADE INVENTORIES*
(Book Value, End of Month)

^

-4

t V|
1969

1

i

i

i \

l

i

1970 \

1971

Quarterly (l)

\

t

75

i
1969

OBE

l

l

i

l

l

l

1

i

1970 1971

Quarterly (|)

QBE

10

SUKVEY OF CURRENT BUSINESS

May 1971
|

•
•
•

In first quarter: Factory operating rate turned upward for the first time in 2 years
Mainly because of recovery in the auto industry, corporate profits before taxes (including IVA) rose $9!/2 billion
Productivity rose 51/4 percent and hourly compensation 9 1 2 percent; rise in unit labor costs slowed to 4 percent
INDUSTRIAL PRODUCTION

MONEY, CREDIT, AND SECURITIES MARKETS

1957-59=100

Billion $

190

500

^6U

S+S
^ Total
* */'**"""s^.
7/^-^'y Vp2*^^
'*

160

Nondurable
Manufactures

_

460

/-.,...

_

j i 1 t i i i l l i i i i l 1 I 1 l 1 l ivl i t i 1 ) t i l i i l

Monthly (Mar.)

380

34f)

«.

125

100

"

„..« /

A
/: \ \
\
•

/
:

Money Supply
(right scale)
i ii i i 1 i i it i

i i ii i i i LLl-l

Monthly (Apr.)

i
*

/
*

j .:
• ;
t i i i i 1 i t t L t i i i i i 1 i ia i

:

200

60

180

40

—"\

Percent

>- ^

_

-

1

1

i

1

-.

Cash Flow

80

/*'•"•—

-1

i i i ti i t i i 11

-2

V

_|

Nov

8 1

- 7-

P^"

^

60

t i 11 1 11 1 111 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 11

FRB

Monthly (Mar.)

FRB

Percent

Percent
Z4

-

-

I

i

i

i

Quarterly (1)

16

8

4

!

i i i i i ii i ii i

1

11111 11 1 11 i \iitiiiiiii

Percent

140

24

STOCK PRICES

UNIT LABOR COSTS, PRIVATE ECONOMY* *
(Change From Previous Quarter)

36

"•*

"™

120

•**

32

-^^/

~

100

^X/\ Standan1 and Poor's 500

28

^
t ii it 1 i i i i i

1969

i t i i i 1 t i i i l i l i t t i i i ( ii

1970
Monthly (Mar.)

* Seasonally Adjusted

Census

*""

\_-^

/

16

8

on
oU

60

~

III! Ll,i
t

1 1 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1) 1 1 i 1 1
1969

1970
Monthly (Apr.)

1971

i

-R

1969

1970
Quarterly (1)

1971
BLS

* * Seasonally Adjusted at Annual Rates

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




1971

BLS

Quarterly (1)

1941-43 =10

24

-

t

-8

40

Ptew Orders

QBE

il "
JijiJL Mil
i

Billion $

DURABLE GOODS MANUFACTURERS*

1

Output

Monthly (Apr.)

FRB

1

*• m

3-month Treasury Bills \
\\
t

^

Compensation

o

i

/

OUTPUT AND COMPENSATION PER MAN-HOUR,
PRIVATE ECONOMY**
- (Change From Previous Quarter)

Corporate Yields, Moody's Aaa

\^

^

Quarterly (1)

\2

10

Manufacturing
/

Profits After Taxes
^*—«,
i i i l7^IT

40

INTEREST RATES AND BOND YIELDS

1\
I

QBE

~

\

I

i i i

I

CORPORATE CASH FLOW AND PROFITS**

8

70

1

^

80

"

/

Quarterly (1)

100

RATIO, OUTPUT TO CAPACITY*

75

x/

Billion $
1^0

0

90

>,.

80

Before Taxes

FRB

1

/^^Wi• vTy

"» ' r N^.

220

FREE RESERVES

Autos
\
••••%

-

-

..x*""/

2

Monthly (Mar.

85

•"*

100

s~

Billion $

\ !
\ :

150

^f

i i111111i11

INDUSTRIAL PRODUCTION*

X\

>*[

Bank Credit
(left scale)

FRB

1957-59=100
200

175

- 240

\

Ay ^
V \y
\

CORPORATE PROFITS AND IVA**

.

420

\v / i ~

150

\2(J

BANK CREDIT AND MONEY SUPPLY*

^x Durable Manufactures

180

PROFITS AND COSTS
Billion $

INDUSTRIAL PRODUCTION*

170

CHART 7

71-5-7

SURVEY OF CURRENT BUSINESS

May 1971

11

NATIONAL INCOME AND PRODUCT TABLES
1971

1970
1969

1970

II

IV

III

IV

1969
1969

1970

1970

IV

Seasonally adjusted at annual rates

II

1971
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)
931.4

976.5

959.5

971.1

985.5 989.9 1020.7 727.1

724.1

724.9

727.4

720.3 732 7

577.5

61$. 7 592.6

603.1

614.4

622.1

477.1 471.7

474.0

478.1

479.6

476 6

486 6

90.0
245.8
241.6

89.4
264.7
262.6

90.8
252.0
249.8

89.1 91.9
258.8 262.6
255.2 259.9

86.6
210 5
189.5

139.8

135.7

140.2

133.2

131.4

132.3

133.0

131.6

Nonresidential
Structures
Producers' durable equipment

99.3
33.8
65.5

102.6
35.2
67.4

102.6 102.6
35.1 35.7
67.5 66.9

Residential structures
Nonfarm
Farm

32.0
31.5
.6

29.7
29.1
.6

30.4
29.8
6

8.5
8.0
.4

3.5
2.9
.6

7.2
6.5
.7

Gross national product _
Personal consumption expenditures
Durable goods..
Nondurable goods
Services

.

....

Gross private domestic investment
Fixed investment

Change in business inventories
Nonfarm
Farm

..

Net exports of goods and services
Exports
Imports
Government purchases of goods and services...
Federal
National defense
Other
State and local

951.7

627.0

646.4

467.7

729.2 723.8

91.2
85.3
265.8 271.5
265.1 270.2

97.5 84.9
272.8 201.2
276.1 181.6

82.0
207.9
187.2

84.9
202.4
184.4

82.7
205.6
185.8

84.9
206.6
186.6

83.6 76 9
208.2 211 1
187.8 188 6

134.3

138.3

137.1

142.4

111.3

102 8

110.0

102.9

103.1

104.1

131.2

132.7

133.5

141.0

104.1

99.8

103.9

101.5

100.1

99.6

98 1

102.5

102.8
35.3
67.5

103.6
35.0
68.6

101.3
34.7
66.6

105.1
36.1
69.0

80.8
24.0
56.9

79.2
23.1
56.1

82.1
24.3
57.8

80.9
24.4
56.5

80.2
23.5
56.7

79.6
22.6
56.9

76.3
21 8
54 5

78.4
22.3
56.1

29.1
28.4
6

28.4
27.8
.6

29.2
28.6
.6

32.2
31.6
.6

35.8
35.2
.6

23.3
22.8
4

20.6
20.2
.4

21.8
21.4
.4

20.7
20.2
.4

20.0
19.5
4

20.0
19.6
.4

21 9
21.5
4

24.1
23.7
.4

1.6
.9
.7

3.1
2.6
.5

5.5
5.0
.5

3.6
3.0
.6

1.4
1.2
.2

7.2
6.8
.4

3.0
2.5
.5

6.1
5.4
.8

1.3
.8
.6

2.9
2.5
.4

4.6
4.1
.4

31
26
5

1.2
1.0
.2

101 3 103 7

1.9

3.6

2.6

3.5

4.1

4.2

2.6

3.3

.2

2.4

.9

1.9

2.4

3.1

20

2.3

55.5
53.6

62.2
58.6

58.8
56.2

61.1
57.6

62.8
58.7

62.8
58.6

62.0
59.3

64.6
61.3

48.5
48.2

52.1
49.7

50.0
49.1

52.0
50.1

52.9
50.5

52.0
48.9

51.4
49 3

52.3
50.1

212.2

220.5 216.3

219.6

218.4

221.0

223.2 228.7

101.3
78.8
22.6
110.8

99.7 102.1
76.6 78.8
23.1 23.3
120.9 114.2

102.3
79.3
23.0
117.4

99.7
76.8
22.9
118.7

98.6
75.8
22.9
122.4

98.2
74.6
23.5
125.0

98.4
74.0
24.5
130.2

141.8

146.6

145.0

140.2

141.3

140.6

75.7

67.7

73.8

71.1

67.8

66.2

65.5

63.4

72.1

74.1

72.9

73.8

73.5

74.4

74.8

76.8

147.8

140.3

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3,1.5)
Gross national product
Final sales
Change in business inventories

931.4
922.9
8.5

976.5 951.7 959.5
973.1 944.5 957.9
7.2
3.5
1.6

971.1 985.5 989.9 1020.7 727.1
968.1 980.0 986.3 1019. 3 719.9
3.1
1.4
5.5
3.6
7.2

724.1 729.2 723.8
721.1 723.0 722.4
3.0
6.1
1.3

Goods output.
Final sales..
Change in business inventories. .

460.0
451.6
8.5

474.4 468.9 467.1
470.9 461.7 465.5
7.2
3.5
1.6

474.9 479.8 475.6 488.8 392.2
471.8 474.2 472.0 487.5 385.0
3.1
1.4
5.5
7.2
3.6

388.7 393.5 387.3 391.1
385.7 387.4 386.0 388.2
3.0
6.1
2.9
1.3

Durable goods
Final sales
Change in business inventories

190.2
183.9
6.4

185.1 192.7
185.3 187.4
-.2
5.3

185.3
185.5
—.3

186.6
188.5
-1.9

193.5 175.1
188.3 178.8
5.2 -3.7

196.0
193.3
2.7

170.1
164.7
5.3

160.3 170.3 162.3
160.5 165.9 162.6
4.4
-.2
-.3

162.9
164.4
-1.5

Nondurable
Final sales
Change in business inventories

269.8
267.7
2.1

289.2
285.6
3.6

276.2
274.3
1.9

281.8
280.0
1.9

288.3 286.3 300.5
283.3 286.0 293.3
5.0
7.2
.3

292.8
294.2
-1.4

222.1
220.3
1.8

228.5 223.3 225.1
225.3 221.5 223.4
3.2
1.8
1.6

228.3 225.0
223.8 224.7
.2
4.5

235.6
229.2
6.4

377.6
93.8

409.6
92.6

390.3 400.1
92.3
92.5

273.9
61.4

272.8
60.9

274.8
60.5

275.0 275.8
60.8
64.7

729.2 723.8

724.9

727.4

720.3 732.7

668.1 663.1

664.2

666.8

659.4

671.6

642.4 647.6 642.1
619.3 624.7 619.5
23.2 22.8 22.6

644.0
621.0
23.0

645.9
622.9
22.9

637.8
613.7
24.1

648.9
625.5
23.4

Services
Structures

..

405.8
90.4

413.2
92.6

419.4 429.4 268.2
94.9 102.4 66.6

271.3
64.4

273.1
63.4

724.9
721.9
2.9

727.4
722.8
4.6

720.3 732.7
717.1 731.5
1.2
3.1

392.1 384.5 392.1
387.5 381.3 391.0
1.2
4.6
3.1
167.1 148.9
162.7 152.1
4.3 -3.2

165.4
163.1
2.4
226.7
227.9
-1.2

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




931.4
827.8
795.4
767.9
27.5

28.1
4.3
103.6

976.5 951.7

959.5 971.1

985.5 989.9 1020.7 727.1

863.2

844.0

848.5 858.4

871.7 874.3 901.0

828.3 810.8
800.1 783.0
28.1 27.8

814.3 824.5
785.5 796.0
28.8 28.5

30.3
4.6
113.3

29.0
4.2
107.7

29.6
4.5

30.0
3.9

111.0

112.8

836.5 837.8
808.5 810.6
28.0 27.2

862.8 646.0
835.5 622.5
27.3 23.6

663.4

31.1
5.4

32.1
6.2

16.4
4.0

16.6
4.3

16.6
4.0

16.7
4.3

16.5
3.6

16.5
4.4

16.5
5.1

16.9
5.8

115.5

119.7

60.7

60.7

61.1

60.7

60.7

60.6

60.8

61.1

30.5
4.7
113.9

666.4

724.1

HISTORICAL STATISTICS
National income and product statistics for earlier periods are available as follows:
Data for 1966-69, July 1970 SURVEY OF CURRENT BUSINESS; 1964-65, July 1968 SURVEY;
1929-63, The National Income and Product Accounts of the United States (available from
U.S. Department of Commerce Field Offices or from the Superintendent of Documents,
U.S. Government Printing Office, Washington, D.C. 20402, price $1.00 per copy).

SURVEY OF CURRENT BUSINESS

12
1969
1969

1970

IV

1970
I

II

May 1971

1971

III

IV

1969

I*t

1969

1970

Seasonally adjusted at annual rates

931.4 976.5 951.7 959.5 971.1 985.5 989.9 1020.7

80.7

82.1 83.6

86.5

88.4

852.5 892.2 871.0 877.4 887.5 900.5 903.3

932.3

84.3

85.0

Less: Indirect business tax and nontax
liability
85.2 92.1 87.7 89.3 91.1 93.3
3.5 3.6
Business transfer payments
3.5 3.6
3.6
3.6
Statistical discrepancy
-4.7 -1.8 -4.3 -5.4 -3.1 -1.1
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

1.0

1.8

12

16

15

III

IV

I*f

Table 6.—National Income by Type of Income (1.10)
769.5 800.1 785.2 791.5 797.4 806.6 804.8 8*3 2

National income _ _ _

Equals : Net national product

II

Billions of dollars

Table 4.—Relation of Gross National Product, National Income,
and Personal Income (1.9)

Less: Capital consumption allowances- 78.9

I

1971

Seasonally adjusted at annual rates

Billions of dollars

Gross national product

IV

1970

1.8

94.5
3.7
2.4

97.9
3.7
-.4

21

2 0

769.5 800.1 785.2 791.5 797.4 806.6 804.8 833.2
85.8

76.5

82.0

76.7

77.5

78.4

73 3

82.7

53 6

57 1

55.1

56.0

56 7

57 6

58 1

63 2

.0

.0

.0

2.5 -2.1

—.4

.0

0

Compensation of employees

564.2 599.8 582.1 592.2 596.4 603.8 606.7 625.2

Wages and salaries
Private
Military
Government civilian

509.0 540.1 525.3 534.4 537.4 543.4 545.2 £50.6
404.9 426.1 417.2 422.6 424.0 428.9 429.1 140.7
19.0 19.3 19.6 20.1 19.5 19.1 18.6 19.2
85.1 94.6 88.5 91.7 93.9 95.4 97.5 100. 6
59.7

56.8

57.9

59.0

60.4

61.4

64.6

29.3
30.4

28.3
28.5

28.6
29.3

29.0
30.0

29.6
30.8

29.9
31.5

32.5
32.1

66.8

67.6

67.2

67.6

67.8

67.8

67.4

67.0

50.5
16.4

51.4
16.2

50.6
16.6

50.6
17.0

51.2
16.5

51.7
16.1

52.0
15.3

52.2
14.7

Rental income of persons

22.0

22.7

22.3

22.5

22.6

22.7

23.0

23.1

Corporate profits and inventory valuation adjustment

85.8

76.5

82.0

76.7

77.5

78.4

73.3

82.7

91.2

81.3

88.5

82.6

82.0

84.4

76.3

86.4

42.7
48.5
24.7
23.9

37.5
43.8
25.2
18.6

41.4
47.1
25.2
21.9

38.0
44.6
25.2
19.4

38.1
43.9
25.1
18.8

38.9
45.4
25.4
20.0

34.8
41.4
25.1
16.3

38.9
47.5
25.8
21.7

Supplements to wages and salaries _ _ 55.1
Employer contributions for social
insurance
27.5
Other labor income
27.6
Proprietors* income

..

Business and professional
Farm
.-

Profits before tax
61.6

73.9

63.4

66.3

75.8

75 1

78.5

82.3

29.0
24.7
3.5

31.8
25.2
3.6

30.2
25.2
3.5

31.0
25.2
3.6

31.4
25 1
3.6

32.2
25 4
3.6

32.5
25 1
3.7

32.5
25 8
3.7

748.9 801.0 770.5 782.3 801 3 807.2 813 3 831 5

Profits tax liability
Profits after tax
Dividends
Undistributed profits

-5.4 -4.8

Inventory valuation adjustment
Net interest

30.7

33.5

-6.5 -5.8 -4.5 -5.9 -3.0 -3.7
31.7

32.4

33.1

33.8

34.5

35.2

Table 5.—Gross Auto Product in Current and Constant Dollars
(1.15, 1.16)
Billions of current dollars
Gross auto product *

36.6

30.9

35.8

31.1

35.4

Personal consumption expenditures. 31.8 28.3 32.5 28.9 30.4
Producers' durable equipment
5.6
5.7
5.1
5.0
5.4
.1 -1.0 -1.1 -1.7
Change in dealers' auto inventories.8
Net exports
Exports
Imports

34.7

Table 7.—National Income by Industry Division (1.11)
22.4

42.0

29.9 24.0
4.2
5.3
.7 -3.7

34.2
6.0
3.7

24.3 24.6 24.8 25.2 24.8 24.5 23.8
47.4 49.6 48.9 49.1 49.1 49.5 50.7
226 2 220.4 227.3 223.6 222.9 222.7 212.3
87.0 89.1 88.5 88.8 88.7 89.6 89.5
139.3 131.2 138.9 134.8 134.2 133.0 122.8

36.7
7.8

Transportation
Communication
Electric, gas, and sanitary services
\Vholesale and retail trade

29.2 30.3 30.1 29.9 29.4 30.9 31.1
15.9 16.3 16.1 15.9 16.2 16.4 16.7
14.2 14.7 14.2 14.2 14.3 14.9 15.2
115.2 121.7 117.2 118.9 121.5 122.6 123.9

83.5 88.3 85.3 86.5 87.4 89.1 90.1
Finance, insurance, and real estate
Services
.
95.3 104.4 98.4 101.2 103.4 105.4 107.6
Government and government enter114 1 125 2 118.6 122 5 124.6 126.0 127.9
prises
5.4
3.9
4.7
4.6
4.2
4.5
4.3
Rest of the world

-1.1 -1.7 -1.6 -1.5 -1.4 -1.4 -2.3 -2.2
2.2
2.0
2.1
2.0
2.3
2.6
1.4
2.6
3.6
3.4
3.4
3.7
4.0
3.7
4.8
3.7

Addenda:
New cars, domestic 2
New cars, foreign

32.2
5.6

26.4
6.2

30.7
6.5

26.4
6.2

30.7
6.7

30.8
5.3

17.6
6.5

Billions of 1958 dollars
Gross auto product 1

35.0

28.6

33.9

29.2

33.2

32.1

19.9

36.6

Personal consumption expenditures. 30.3 26.2 30.8 27.1
Producers' durable equipment
5.4
5.5
4.7
4.9
Change in dealers' auto inventories.1 -.9 -1.1 -1.6

28.5
5.1
.8

27.6
5.0

21.4
3.8
-3.4

29.7
5.4
3.4

Net exports
Exports
Imports

..

Addenda:
New cars, domestic J New cars, foreign

-1.1 -1.6 -1.5 -1.4 -1.4 -1.4 -2.2 -2.0
2.2
2.0
2.0
1.3
1.9
2.2
2.3
2.5
3.3 3.6
3.5 3.4
4.4
3.6
3.9
3.5
31.4
5.5

25.1
5.9

29.8
6.3

25.3
6.0

29.5
6.4

29.3
5.1

16.2
6.0

32.8
6.9

1. The gross auto product total includes government purchases.
2. Differs from the gross auto product total by the markup on both used cars and foreign
cars.
* First quarter corporate profits (and related components and totals) are preliminary and
subject to revision next month.
fEstimates of capital consumption allowances, corporate profits, proprietors' income, and
corporate profits taxes do not reflect the liberalized depreciation rules which are expected
to be issued in final form retroactive to the beginning of 1971.




All industries, total . . . . 769.5 800.1 785.2 791.5 797.4 806.6 804.8 833.2
Agriculture, forestry, and fisheries
Mining and construction
M anuf acturing
Nondurable goods
Durable goods

Table 8.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment by Broad Industry Groups (6.12)
All industries, total .

85.8

Financial institutions

12.0

76.5
12.5

82.0
12.2

76.7
12.0

78.4

73.3

12.3

12.9

12.6

12.7

60.7

70.0

.

73.8

64.0

69.8

64.7

65.2

65.5

Manufacturing
Nondurable goods
Durable goods
Transportation, communication, and
public utilities
All other industries

41.8
19.3
22.4

33.5
18.1
15.4

39.1
19.0
20.0

35.2
18.3
16.9

35.5
18.2
17.2

34.7
18.3
16.3

28.6
17.7
11.0

10.7
21.4

9.1
21.4

10.3
20.4

9.1
20.4

8.6
21.1

9.1
21.7

9.6
22.5

Nonfinancial corporations _

.

82.7

77.5

SURVEY OF CURRENT BUSINESS

May 1971

1969
1969

1970

1970
I

IV

II

13

1971
III

IV

1969

I*t

1969

1970

Seasonally adjusted at annual rates

531.2 544.9 539.7 539.7 544.0 550.7 545.3

568.6

53.5

51.0

52.0

53.0

54.0

55.0

56.2

48.6

52.1

49.9

50.7

51.7

52.9

53.1

55.0

Income originating in corporate business
432.9 439.3 438.8 437.1 439.3 443.8 437.2
Compensation of employees
349.7 365.6 359.5 363.2 363.8 368.1 367.1
Wages and salaries
310.8 324.0 319.6 322.6 322.8 326.1 324.7
Supplements..
38.9 41.5 39.9 40.6 41.0 42.0 42.4

457.5
378.3
333.5
44.8

Corporate profits and inventory
valuation adjustment
Profits before tax
Profits tax liability..
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment- .
Cash flow, gross of dividends
Cash flow, net of dividends

1.9

2.5

2.1

2.3

2.4

2.5

2.6

2.6

81.3 71.3 77.3 71.6 73.0 73.2 67.6
86.8 76.2 83.8 77.4 77.5 79.1 70.6
42.7 37.5 41.4 38.0 38.1 38.9 34.8
44.1 38.7 42.4 39.4 39.5 40.2 35.7
23.0 23.3 23.5 23.3 23.4 23.5 23.0
21.0 15.4 18.9 16.2 16.0 16.8 12.7
-5.4 -4.8 -6.5 -5.8 -4.5 -5.9 —3.0

76.6
80.3
38.9
41.4
23.5
17.9
-3.7

93.8
70.8

92.2
68.9

93.4
69.9

91.4
68.2

92.5
69.0

94.2
70.7

90.8
67.7

G7.6
74.1

24.7

26.0

25.1

25.3

25.6

26.5

26.6

27.4

Gross product originating in
506.5 518.9 514.6 514.4 518.4 524.2 518.7
nonfinancial corporations

541.3

Gross product originating in
financial institutions

Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies

Corporate profits and inventory
valuation adjustment
Profits before tax
Profits tax liability .
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment ..
Cash flow, gross of dividends
Cash flow, net of dividends

IV

It

Personal income

-

748.9 801.0 770.5 782 3 801 3 807 2 813 3 831 5

Wage and salary disbursements
Commodity-producing industries.
M anuf acturing
.
Distributive industries
Service industries
Government
.. .

509.0
197.5
157.5
119.8
87 7
104.1

540.1
201.2
158 9
128.4
96 6
114 0

525.3
202.5
160 8
123.8
90 9
108 1

531.9
202.7
160 7
125.9
93 9
109 3

539.5
201.5
159 6
127.0
95 5
115 5

543.8
201.9
159.7
129.7
97 3
114 9

545.2
198.6
155 6
130 8
99 7
116 1

560.6
203.3
160 3
134 3
103 1
119 9

Other labor income

27 6

30 4

28 5

29 3

30 0

30 8

31 5

32 1

Proprietor's income _
Business and professional.. .. ..
Farm

66.8
50.5
16 4

67.6
51.4
16 2

67.2
50.6
16 6

67 6
50 6
17 0

67.8
51.2
16 5

67.8
51.7
16 1

67.4
52 0
15 3

67 0
52 2
14 7

Rental income of persons.. .
Dividends
Personal interest income

22.0
24 7
59 7

22.7
25 2
65 2

22 3
25 2
61 9

22 5
25 2
63 4

22.6
25 1
64 5

22.7
25 4
66 0

23.0 23 1
25 1 25 8
67 1 67 7

Transfer payments
Old age, survivors, disability, and
health insurance benefits
State unemployment insurance
benefits
Veterans benefits
Other

65 1

77 6

67 0

69 8

79 4

78 7

82 2

86 0

33 0

38 5

33 5

34 2

41 5

39 0

39 5

40 6

2.1
8.3
21.6

3.9
9.5
25.6

2.3
8.7
22 4

2.9
9.0
23 8

3.6
9.5
24 9

4.3
9.7
25 8

4.8
10.1
27 8

5.0
11.0
29 4

26.0

27.8

26.8

27 4

27.7

28 0

28 2

30 7

Less: Personal contributions for
social insurance

Less: Personal tax and nontax payments
117 3 116 3 119 9 117 0 117.7 114 2 116 1 116 4

48.3

51.9

49.5

50.4

51.4

52.3

53.4

54.5

46.5

49.8

47.7

48.4

49.4

50.6

50.8

52.6

Equals: Disposable personal income... 631.6 684.8 650.6 665.3 683.6 693.0 697.2 715.1

434.2
355.6
314.0
41.6

Less : Personal outlays
593.9 634.6 609.6 620.5 632.1 640.2 645 5 665.3
Personal consumption expenditures. 577.5 616.7 592.6 603.1 614.4 622.1 627.0 646.4
Interest paid by consumers
15 7 17 0 16 1 16 4 16 8 17 2 17 5 17 9
Personal transfer payments to foreigners. .
.
1.0
.9
1.0
.8
.8
.9
1.0
.9

Income originating in nonfinancial
corporations
411.8 417.2 417.4
Compensation of employees
329.9 344.3 339.1
293.5 305.6 301.8
Wages and salaries
36.3 38.7 37.3
Supplements
Net interest

III

Table 10.—Personal Income and Its Disposition (2.1)

49.8

Net interest

II

Billions of dollairs

Table 9.— Gross Corporate Product l (1.14)
Gross corporate product

I

1971

Seasonally adjusted at annual rates

Billions of dollars

Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies

IV

1970

12.6

14.1

13.3

415.5 417.5 421.3 414.6
342.3 342.9 346.8 345. 2
304.4 304.6 307.6 305.7
37.9 38.3 39.2 39.5

13.6

14.2

14.5

14.8

69.4 58.9 65.1 59.6 60.7 60.3 54.9
74.8 63.7 71.6 65.4 65.2 66.2 58.0
36.1 30.3 34.6 31.1 31.0 31.5 27.6
38.7 33.4 37.0 34.3 34.2 34.7 30.4
21.6 21.8 22.0 21.8 22.0 21.8 21.5
17.1 11.7 15.1 12.5 12.3 12.9
8.9
-5.4 -4.8 -6.5 -5.8 -4.5 -5.9 -3.0

63.9
67.5
31.8
35.8
21.9
13.8
-3.7

87.0
65.3

85.3
63.5

86.5
64.5

84.7
62.9

13.9

85.6
63.7

87.1
65.3

83.7
62.3

Equals : Personal saving

37.6

Addenda :
Disposable personal income:
Total, billions of 1958 dollars
Per capita, current dollars
Per capita, 1958 dollars Personal saving rate,3 percent

50 2

41.1

44.8

51.5

52.7

51.8

49.8

511.5 529.8 517.8 522.9 532.0 534.2 530.0 538.3
3 117 3 344 3 197 3 261 3,342 3 378 3 389 3 467
2 525 2 587 2,544 2,563 2,601 2,604 2,576 2,610
6.0

7.3

6.3

6.7

7.5

7.6

7.4

7.0

90.2
68.3

Table 11.—Personal Consumption Expenditures by Major Type (2.3)
Billions of 1958 dollars
Gross product originating in
432.5 425.0 433.0 428.4 427.7 427.7 416.7
nonfinancial corporations

430.4

Personal consumption expendi577.5 616.7 592.6 603.1 614.4 622.1 627.0 646.4
tures
89.4

90.8

89.1

91.9

91.2

85.3

97.5

Automobiles and parts _
_ . _ . 40.3 37.4
Furniture and household equipment. 36.7 38.4
Other
13.1 13.6

41.1
36.9
12.7

37.7
38.3
13.1

39.4
38.9
13.6

39.2
38.1
13.9

33.2
38.2
13.9

44.4
40.0
13.1

Durable goods
Dollars
Current dollar cost per unit of
1958 dollar gross product
originating 2in nonfinancial
1.171 1.221 1.188 1.201 1.212 1.226 1.245
corporations
Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies
Compensation of employees
Net interest
Corporate profits and inventory valuation adjustment
Profits tax liability
Profits after tax plus inventory valuation adjustment

Nondurable goods
1.258

.112

.122

.114

.118

.120

.122

.128

.127

.107
.763
.029

.117
.810
.033

.110
.783
.031

.113
.799
.032

.116
.802
.033

.118
.811
.033

.122
.828
.035

.122
.826
.034

.160
.083

.139
.071

.150
.080

.139
.073

.142
.072

.141
.074

.132
.066

.148
.074

.077

.067

.070

.067

.069

.067

.066

.075

1. Excludes gross product originating in the rest of the world.
2. This is equal to the deflator for gross product of nonfinancial corporations, with the
decimal point shifted two places to the left.
3. Personal saving as a percentage of disposable personal income.
* First quarter corporate profits and related components and totals are preliminary and
subject to revision next month.
fSee footnote on page 12.




90.0

-..

Food and beverages
Clothing and shoes
Gasoline and oil
Other
Services
Housing
.
Household operation
T ransportation
Other

245.8 264.7 252.0 258.8 262.6 265.8 271.5 272.8

121.7 131.6 124.6 128.8 131.2 132.3 134.1 135.3
49.9 52.3 50.9 51.3 51.8 52.3 53.8 54.6
21.1
53.2

22.9
57.9

21.7
54.9

22.4
56.3

22.7
56.9

23.5
60.2

23.6
59.3

241.6 262.6 249.8 255.2 259.9 265.1 270.2 276.1

84.0 91.9 87.0 89.0 90.8 92.6 95.1 97.5
33.9 36.3 34.8 35.2 35.9 36.9 37.3 37.8
16.7 18.1 17.1 17.7 17.9 18.2 18.5 18.7
107.1 116.4 110.9 113.3 115.4 117.4 119.4 122.1

Table 12.—Foreign Transactions in the National
Product Accounts (4.1)
Receipts from foreigners
-. .. 55.5
55.5
Exports of goods and services
Capital grants received by the United
States

63.1
62.2

55.5
53.6
2.8
.8
2.1Q

63.1
58.6
2.9
.9
2.0
1.6

Payments to foreigners
Imports of goods and services
Transfers to foreigners
Personal
Government
Net foreign investment

23.0
58.3

63.7
62.8

Income and

63.7
62.8

62.9
62.0

65.3
64.6

58.8
58.8

62.0
61.1
.9

.9

.9

.9

.7

58.8
56.2
2.9
.8
2.1
-.3

62.0
57.6
2.8
.9
1.9
1.6

63.7
58.7
3.0
1.0
2.0
2.0

63.7
58.6
2.9
1.0
1.9
2.1

62.9
59.3
2.9
.9
2.0
.6

65.3
61.3
3.1
1.0
2.1
1.0

.9

SURVEY OF CURRENT BUSINESS

14

1969

1970

IV

1971

1970

1969

I

II

May 1971

IV

III

1969

rt

1969

1970

Table 13.—Federal Government Receipts and Expenditures (3.1, 3.2)

Federal Government expenditures
Purchases of goods and services
National defense
Other
Transfer payments...
To persons
To foreigners (net).

III

IV

I

Table 16.—Implicit Price Deflators for Gross National Product (8.1)

200.6 194.8 202.0 195.9 196.7 194.9

191.7200.8

Gross national product.

. 128.11 134. 87 130.52 132.57 133. 98 135.50 137. 44 139.31

90.3
32.0 35.5

Personal consumption expenditures

123.5 129.3 125.6 127.2 128.5 129.7 131.5 132.8

95.9
39.2

91.6
34.3

96.9
38.1

93.4
34.8

34.9

89.4
35.7

19.1
46.5

19.6
49.3

19.3
47.7

19.3
48.4

19.4
48.9

20.1
49.7

19.5 20.6
49.9 54.9

191.3 206.3 195.9 197.7 210.9 206.7

209.9214.2

101.3
78.8
22.6

52.1
50.0
2.1

Grants-in-aid to State and local gov20.2
ernments
Net interest paid.
13.1
Subsidies less current surplus of gov4.6
ernment enterprises-..
Less: Wage accruals less disbursements
.0
Surplus or deficit (-), national
income and product accounts

II

Index numbers, 1958=100

Billions of dollars

Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Contributions for social insurance. _.

I

1971

Seasonally adjusted

Seasonally adjusted at annual rates

Federal Government receipts.

IV

1970

99.7 102.1 102.3
76.6 78.8 79.3
23.1 23.3 23.0

99.7
76.8
22.9

75.8
22.9

98.2 98.4
74.6 74.0
23.5 24.5

62.0
60.0
2.0

53.3
51.2
2.1

55.3
53.4
1.9

64.4
62.4
2.0

62.9
61.0
1.9

65.4 68.4
63.4 66.3
2.0 2.1

24.5
14.5

21.8
13.9

23.0
14.3

25.1
14.3

24.4
14.8

25.6 27.1
14.7 14.2

5.6

4.9

.0

.0

9.3 -11.5

5.3

5.6

6.0

2.5 -2.1

-.4

.0

5.3

6.1 -1.7

6.0

106.0 109.0 107.0 107.8 108.2 109.2 110.8 112. 5
122.2 127.3 124.5 125.9 127.1 127.7 128.6 129.6
133.1 140.3 135.5 137.3 139.3 141.1 143.3 145.7

Durable goods
Nondurable goods
Services
.. . .
Gross private domestic investment
Fixed investment

126.2 132.5 128.0 129.6 131.0 133.3 136.0 137.5

Nonresidential
122.8 129.5 125.1 126.8 128.2 130.2 132.8 134.2
Structures . . . .
141.1 152.4 144.7 146.4 150.0 154.8 159.1 162.1
Producers' durable equipment . .115.1 120.0 116.8 118.4 119.2 120.4 122.3 123.1
Residential structures
Nonfarm
Farm

137.7 144.0 139.3 140.6 142.4 145.7 147.1 148.4
137.8 144.1 139.4 140.7 142.5 145.8 147.2 148.4
132.3 139.5 135.1 136.7 137.9 141.5 142.8 144.2

Change in business inventories .
Net exports of goods and services
114.6 119.4 117.7 117.5 118.8 120.8 120.7 123.3
111.1 117.8 114.5 114.9 116.2 119.9 120.3 122.3

Exports
Imports

-14.2 -11.8 -18.1 -13.3

Government purchases of goods and
143.5 155.6 147.5 151.5 154.6 157.2 159.0 163.1
services
133.9 147.3 138.4 143.8 147.0 149.1 149.8 155.3
153.7 163.1 156.7 158.9 161.5 164.5 167.2 169.6

Federal
State and local

Table 14.—State and Local Government Receipts and Expenditures
(3.3, 3.4)
State and local government receipts.... 118.3 132.6 123.9 127.3 132.0 133.7
Personal tax and nontax receipts
21.4
Corporate profits tax accruals.
3.5
Indirect business tax and nontax
accruals
_
66.1
Contributions for social insurance... 7.1
Federal grants-in-aid
20.2

24.6
3.1

23.0
3.3

23.6
3.2

24.2

24.9
3.3

25.8 26.7
3.3

72.5
7.8
24.5

68.4
7.4
21.8

70.0
7.5
23.0

71.7
7.7
25.1

73.2
7.9
24.4

75.0 77.3
8.1 8.4
25.6 27.1

State and local government expenditures
118.9 131.2 122.9 126.8 128.7 133.0
Purchases of goods and services
110.8 120.9 114.2 117.4 118.7 122.4
Transfer payments to persons
11.5 13.9 12.2 12.9 13.5 14.1
.1
Net interest paid
.2
.2
.3
.3
Less: Current surplus of government
enterprises
3.6
3.8
3.7
3.7
3.8
3.8
Surplus or deficit (—), national
income and product accounts

137.4 142.7

1.3

1.0

3.4

136.5142.6
125.0 130.2
15.1 16.0
.3
.3
3.9

Gross national product
Final sales
Goods output
.
.
Durable goods
Nondurable goods

117.3 122.0 119.2 120.6 121.4 122.4 123.7 124.7
111.9 115.5 113 2 114.2 114.6 115.8 117.6 118.5
121.4 126.6 123.7 125.2 126.3 127.3 127.6 129.2

Services
Structures

140.8 149.5 143.9 146.5 148.7 150.3 152.5 155. 7
140.8 150.8 143.7 145.7 148.5 153.1 156.0 158.2

Addendum :
Gross auto product

104.7 108.1 105.6 106.6 106.5 108.2 112.7 114.7

Gross national product
Private

135.0 148.3 137.1 140.5 149.4 151.8

151.6 156.2

Personal saving
37.6 50.2 41.1 44.8 51.5 52.7
Undistributed corporate profits
23.9 18.6 21.9 19.4 18.8 20.0
Corporate inventory valuation adjustment
-5.4 -4.8 -6.5 -5.8 -4.5 -5.9
Corporate capital consumption
allowances
49.8 53.5 51.0 52.0 53.0 54.0
Noncorporate capital consumption
allowances
29.1 30.8 29.7 30.2 30.6 31.1
Wage accruals less disbursements
.0
.0
.0
.0
.0
.0

51.8 49.8
16.3 21.7

Government surplus or deficit (-) ,
national income and product
accounts
Federal
State and local

-3.0 -3.7

General government

123.1
123.4
116.9
171.9

128.9 125.2 126.8 128.0 129.5 131.4 133.0
129.2 125.3 126.8 128.2 129.8 132.1 133.6
121.5 121.6 127.5 124.0 121.9 112.9 116.3
183.1

170.8 186.6 176.5 182.9 185.9 187.9 189.9 195.9

55.0 56.2
31.5 32.2
.0
.0

7.1 -1.2 -10.9 -11.2 -17.3 -13.2
6.1 -1.7 -14.2 -11.8 -18.1 -13.3
.9
1.0
.1
.5 3.4
.7

.9

.9

.9

.9

Gross investment
138.9 137.3 139.9 134.8 136.3 140.4
Gross private domestic in vestment. .139.8 135.7 140.2 133.2 134.3 138.3
Net foreign investment
-.9
1.6 -.3
2.0
2.1
1.6
-4.7

-1.8 -4.3

-5.4

-3.1 -1.1

.9

.7

137.6 143.3
137.1 142.4
.6 1.0
2.4 -.4

* First quarter corporate profits (and related components and totals) are preliminary and
subject to revision next month.
fSee footnote on page 12.




Business
Nonfarm
Farm
....
Households and institutions

128.11 134. 87 130.52 132.57 133.98 135.50 137. 44 139.31
124.22 130. 13 126.32 127.96 129.24 130.73 132. 60 134.16

Table 19.—Gross National Product: Change From Preceding Period
8.7 -10.1
9.3 -11.5
-.6
1.3

Capital grants received by the United
States

Statistical discrepancy

128.11 134. 87 130.52 132.57 133.98 135.50 137.44 139.31
128.2 134.9 130.6 132.6 134.1 135.6 137. 5 139.3

Table 18.—Implicit Price Deflators for Gross National Product by
Sector (8.4)

Table 15.—Sources and Uses of Gross Saving (5.1)
Gross private saving

...

3.9

.9

.7

Table 17.—Implicit Price Deflators for Gross National Product by
Major Type of Product (8.2)

Percent

Percent at annual rate

Gross national product:
Current dollars
C ons tant dollars _.
Implicit price deflator
Chain price index . ..

7.7
2.8
4.7
4.8

4.8
-.4
5.3
5.2

3.3
3.9
-.9 -2.9
6.4
4.9
4.9
5.9

4.9
.6
4.3
5.0

6.1 1.8
1.4 -3.9
5.9
4.6
5.0
4.4

13.1
7.1
5.6
6.0

Gross private product:
Current dollars
Constant dollars
Implicit price deflator
Chain price index

7.5
2.9
4.5
4.5

4.3 3.6
2.1
-.5 -1.0 -3.0
4.6
5.3
4.8
4.7
4.7
4.7

4.7
.7
4.1
4.8

1.2
6.4
1.6 -4.3
4.7
5.8
5.1
4.4

12.8
7.6
4.8
5.1

SURVEY OF CURRENT BUSINESS

May 1971

15

Public and Private Debt
These tables update the statistics on debt
that have appeared in previous May issues
of the SURVEY. Revisions have been made
only in data for 1967-69. Data back to 1955
are in the May 1970 SURVEY and data for
earlier years in the May 1969 SURVEY. A
table showing nonfarm mortgage debt by
borrowing and lending groups, by type of
property (table 7 in the May 1968 SURVEY)
is available from OBE on request.
The total increase in public and private
debt was $117 billion in 1970, $21 billion
less than the 1969 increase. Public debt rose
about $32 billion in 1970, more than twice
as much as the $15 billion increase in 1969,
but private debt rose much less last year
($85Ji billion) than in 1969 ($123 billion).
The net indebtedness of the Federal Government to the public rose $12 billion last
year to a yearend total of $301 billion, following a $2% billion decline in 1969. The
turnaround resulted from the shift in the
Federal budgetary position from a surplus
in 1969 to a deficit in 1970. State and local
government debt grew $12 billion last year,

substantially more than the $8)4 billion rise
in 1969. To some extent, this acceleration
reflected the completion in 1970 of borrowing
which had been postponed during the tight
financial conditions of 1969.
The debt of federally sponsored credit
agencies rose $8 billion last year, somewhat
less than the $9 billion rise in 1969. This
slowdown reflected principally the reduced
need of savings and loan associations to
resort to Federal Home Loan Bank financing,
as savings deposits rose sharply after recording
little growth in 1969. The bulk of last year's
rise in the debt of the credit agencies stemmed
from the mortgage financing operations of the
Federal National Mortgage Association.
Corporations accounted for the bulk of the
slowdown in private sector debt expansion,
but individuals, including the owners of unincorporated enterprises, also slackened their
borrowing.
Total corporate debt, including the debts
of nonfinancial corporations and the nondeposit liabilities of financial intermediaries,
rose $58% billion last year compared with a

rise of $87% billion in 1969. The slowdown
reflected both reduced borrowing by nonfinancial corporations and reduced reliance
by banks on nondeposit sources of funds.
There was a marked shift to long-term financing, particularly bonds; long-term corporate
debt rose $33% billion in 1970 compared with
a rise of $27 billion in 1969, while corporations' short-term notes and accounts payable
rose only $5 billion last year after having
increased $25% billion in 1969.
Almost all types of individual and noncorporate indebtedness rose at a slower pace
last year than in 1969. The exception was
financial debt, which includes stock market
credit; it rose in 1970 after having declined
in 1969. The slowing was most marked in
consumer credit; it rose only $4*4 billion in
1970, less than half as much as the $9%
billion increase in 1969. Home mortgage debt
also rose at a markedly slower pace in 1970
($12% billion) than in 1969 ($16 billion) as
did the business-related debts of farm and
nonfarm entrepreneurs.

Net and Gross Public and Private Debt, End of Calendar Year, 1966-70
[Billion dollars]
Public

Private
Individual and noncorporate

Corporate

End of year

Total

Total

Federal i

Federal
financial
agen-2
cies

Short term 3
State
and
local

Total
Total

Long
term 3

Notes
and
accounts
payable

Other

Nonfarm
mortgage

Farm*

Total

Production

Mortgage

1- to 4family

19.1
22.8
24.3
26.0
27.5

23.3
25.5
27.5
29.5
31.2

219.6
232.0
246.5
262.4
275.0

19.1
22.8
24.3
26.0
27.5

23.3
25.5
27.5
29.5
31.2

219. 6
232.0
246.5
262.4
275.0

Other nonfarm

Multifamily
Comresidential mercial
and commercial

Financial s

32.0
34.9
38.4
42.4
46.3

30.9
34.2
37.4
41.1
41.3

24.5
29.1
33.0
32.2
34.7

97.5
102.1
113.2
122.5
126.8

32.0
34.9
38.4
42.4
46.3

30.9
34.2
37.4
41.1
41.3

24.5
29.1
33.0
32.2
34.7

97.5
102.1
113.2
122.5
126.8

Consumer

Net Public and Private Debt
1966
1967
1968.
1969
1970

1, 341. 4
1, 442. 7
1, 584. 5
1, 722. 7
1, 839. 7

387.9
408.4
436.1
451.1
482.8

271.8
286.5
291.9
289.3
301.1

11.2
9.0
21.4
30.5
38.3

104.8
112.9
122.8
131.4
143.3

953.5
1, 034. 3
1, 148. 4
1, 271. 6
1, 356. 9

506.6
553.7
628.1
715.5
774.1

231.3
255.6
281.0
308.1
341.7

155.5
166.6
190.0
215.6
220.4

119.8
131.5
157.1
191.9
212.0

446.9
480.6
520.3
556.0
582.8

Gross Public and Private Debt
1966
1967
1968
1969.
1970

.

1, 517. 0
1, 635. 8
1, 795. 3
1, 962. 9
2, 100. 2

464.0
491.3
521.9
548.5
588.1

343.3
364.9
373. 1
382.0
401.6

11.2
9.0
21.4
30.5
38.3

109.4
117.4
127.4
136.0
148.1

1, 053. 0
1, 144. 5
1, 273. 4
1, 414. 4
1, 512. 0

606.1
663.9
753.2
858.4
929.2

279.6
309.1
340.1
372.9
413.7

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
Cooperatives are included beginning with 1968.




186.5
199.9
227.9
258.6
264.4

140.0
154.9
185.1
226.8
251. 0

446.9
480.6
520.3
556.0
582.8

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 policy holders.
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 REGIONAL ECONOMICS DIVISION STAFF

Personal Income in Metropolitan and Nonmetropolitan Areas
The 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 (non-SMSA's) in each major region in 1969.
The personal income figures presented in this issue have been expanded to include estimates for 10 newly designated metroplitan areas. The SMSA's are: Appleton-Oshkosh,
Wis.; Bryan-College Station, Tex.; Columbia, Mo.; Gainesville, Fla.; La Crosse, Wis.;
Modesto, Calif.; Owensboro, Ky.; Petersburg, Va.; Rochester, Minn.; and Santa Rosa,
Calif. Minor revisions have been made in the previously published estimates for
some areas for selected years, 1929-68, but the annual revisions introduced into the
national accounts for 1965-68 have not yet been incorporated. Personal income is shown
for each SMSA on a where-received basis as well as on a where-earned basis. The concepts
and 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 32. Comparable
tables are available for any SMSA and for most of the 2,617 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 32) 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.

JT ERSONAL income in the Nation's
233 metropolitan areas rose 9 percent
from 1968 to 1969. Income in nonmetropolitan areas, which accounts for
one-fourth of total personal income,
also rose 9 percent. Different forces
were responsible for income growth in
the two types of areas.
In metropolitan areas, the main
industrial stimulus to income gain
came from construction, services, and
trade, which rose 13, 11, and 9 percent,
respectively. These gains represent the
effect of the continuing shift of consumer-oriented economic activity into
urban areas. This is due in part to the
movement of persons to retirement and
recreation areas as well as to the con16



tinued migration from rural to urban
areas as farming becomes more automated and requires less labor.
Changes in total income in metropolitan areas from 1968 to 1969 ranged
from an increase of almost 22 percent
in the Fort Lauderdale-Hollywood,
Fla., Standard Metropolitan Statistical
Area (SMSA) to a decline of 2% percent
in the Amarillo, Tex. SMSA. In 14
SMSA's the increase was more than
half again as large as the national
average of 9 percent. Four of these are
in the Southwestern part of the United
States. The remaining 10 are located in
coastal areas mainly in the South—
seven in Florida, one each in North
Carolina and Mississippi, and one in

Hawaii. Eight of the 14—Fort Lauderdale, Las Vegas, West Palm Beach,
Miami, Tucson, Reno, Tampa-St. Petersburg, and Honolulu—are recreation
or retirement centers. Another three—
Tallahassee, Biloxi-Gulfport, and Pensacola—are heavily oriented toward
government activity, with recreation
and retirement also important. The
remaining three—Orlando, Phoenix,
and Wilmington (N.C.)—are classified
economically as mixed SMSA's, although recreation and retirement activities figure heavily in the economies
of the first two.
Income declined in 1969 in the Amarillo SMSA and in nine others rose at a
rate less than half the national average
of 9 percent. The regional or type-ofSMSA pattern is less distinct among
slow-growth areas than in those with
high growth rates. There was no relationship between size or type of SMSA
and slow growth. However, in half of
the group, a decline in military payrolls
was primarily responsible for the slow
growth. In several, the slow growth in
1969 reflected the completion in 1968 of
some major construction program.
Eight of the 10 slow-growing SMSA's
are located in the South and Far West,
which are fast-growing regions. One is
in the Plains and one in the Rocky
Mountain region, both of which have
been slow-growth regions in the past
two decades. None of the 10 SMSA's
was located in New England, the MidNOTE.—The SMSA estimates were prepared by Wallace Bailey, Jr., Kenneth Berkman, Michael Carroll, Vivian Conklin, Joseph
Czako, Francis Dallavalle, Virginia Davis,
Linnea Hazen, Kenneth Horowitz, Gordon
Lester, Elizabeth Queen, William Reid, Jr.,
Victor Sahadachny, Maurice Schlak, and
Mary Schneider.

SURVEY OF CURRENT BUSINESS

17

During this period, income trends in
the metropolitan and nonmetropolitan
areas of each region tended to accord
broadly with each other.
However, over the next two decades,
income changes in nonmetropolitan
areas had an unusually strong influence
on income growth trends in several
regions, even though, on the average,
the income of residents of nonmetropolitan areas accounts for only onefourth of total income. The remainder
of this report focuses on these income
changes and their effects on regional
trends.
The most pronounced shift occurred
in the Rocky Mountain region where a
strong uptrend in total income between
1929 and 1950 was eliminated during
the 1950's and followed in the 1960's
by the strongest (by a small margin)
regional downtrend. Although this increasingly severe lag in income growth
centered in the region's nonmetropolitan areas, by the 1960's its influence
had extended to metropolitan areas as
well.
Similarly, income lags in nonmetropolitan areas of the Plains States converted a trend in total income that
matched that of the Nation up to 1950
into the sharpest regional downtrend
during the 1950's and a moderate downtrend in the 1960's. In both regions,
these adverse developments are traceable ultimately to agriculture.
In the Southeast and Southwest,
substantial income uptrends up to 1950
Income Trends in
were nearly eliminated during the 1950's
with the very slow growth of income in
Nonmetropolitan Areas
nonmetropolitan areas playing a major
From 1929 to 1950, the Nation'srole. During the 1960's, income in
eight regions showed clear-cut and nonmetropolitan areas of the Southpersistent income trends.1 In the New east resumed its rapid expansion and
England, Mideast, and Great Lakes grew at about the same rate as income
areas, income grew at significantly less- in the region's metropolitan areas. In
than-average rates. The Southeast, the Southwest during the 1960's, the
Southwest, Rocky Mountain, and Far curtailed income uptrend of the 1950's
West regions all had uptrends and was further reduced—a reflection of the
increased their shares of total personal retarding influence of income growth in
income by as much as one-third. Total nonmetropolitan areas.
income in the agricultural Plains region
In the remaining regions, income
grew at the same rate as in the Nation. changes in nonmetropolitan areas
played a minor role in altering regional
1. In this report regional trends are measured in relation
trends. Income growth in the Far
to the national average. A regional uptrend signifies that
West, which was the strongest in the
income in the region has risen faster or declined more slowly
than in the Nation. Conversely, a downtrend indicates that
Nation in the 1929-50 and 1950-59
income in a region has risen less or declined more than in the
periods, slowed greatly compared to the
Nation.

national growth rate during the 1960's.
Although below-average growth in nonmetropolitan areas was partly responsible, the major factor was a slowing
in the growth rate in metropolitan
areas in the Far West compared to
that in metropolitan areas nationally.
Income growth in New England, the
Mideast, and Great Lakes areas was
below average over the 1929-50 period.
It continued below average in the 1950's
and 1960's but the relative downtrend
in the three regions slowed. This was
due not so much to a strengthening of
economic conditions in those regions as
it was to a slowdown in growth in the
other five regions of the country.
The shifts summarized above are examined in more detail in the remainder
of this article. The order in which the
regions are discussed indicates the importance of developments in non-SMSA
areas. Data in table A summarize the
regional trends.

May 1971

east, or Great Lakes regions, which
have, consistently grown at less-thanaverage rates over the past four
decades.
In nonmetropolitan areas, income
from farming and manufacturing rose
13 and 10 percent, respectively, in 1969
and contributed most to income expansion. Changes in these two industries also contributed most to regional
variations in rates of increase.
Farm income rose 17 and 20 percent,
respectively, in the nonmetropolitan
areas of the Rocky Mountain and
Plains regions, and these were the nonmetropolitan areas with largest increases in total income in 1969. On the
other hand, farm income showed no
change in the nonmetropolitan portions
of the Far West and only a 5-percent
increase in the Southwest, and total
income gains in the nonmetropolitan
areas of these two regions were the
smallest in the Nation.
Above-average increases in income
from farming and manufacturing combined to bolster total income in the
nonmetropolitan areas of the Southeast. The smallness of the 1968-69
gains in these two industries in the
Far West was the major factor in
that region's less-than-average income
advance in its nonmetropolitan area.
Sizable increases in manufacturing earnings in the nonmetropolitan areas of
the Great Lakes bolstered the economy
there.




Rocky Mountain

During the 1950's, the most pronounced effect of income growth in
nonmetropolitan areas on overall regional trends was in the Rocky Mountain States. From 1929 to 1950, income
in the region grew more than 200 percent, whereas income nationally expanded just over 150 percent. This
pronounced relative uptrend in the region was eliminated during the 1950's,
when income rose 71 percent in the
region and 69 percent nationally.
The slackening in the region's growth
rate, both relative to the Nation and
in absolute terms, was the product of
developments in its rural areas—specifically, those devoted mainly to farming. Income in the region's nonmetropolitan areas, which accounts for more
than half of all income in the region,
rose less than 50 percent from 1950 to
1959. The major factor holding back
income growth in the region's nonmetropolitan areas was a 10-percent
decline in farm income, a component
which in 1950 accounted for one-fourth
of total income in those areas of the
region.
In contrast, personal income in metropolitan areas of the Rocky Mountain
States doubled during the 1950's, com-

iSUKVEY OF CURRENT BUSINESS

18

Table A.—Relative Growth Trends in Personal Income, by SMSA's and non-SMSA's
Selected Periods, 1929-69
Percent Change in Total Income
1929-50
Area

Total

United States

164

1950-59

SMSA's

NonSMSA's

154

194

Total

69

1959-69

SMSA's

NonSMSA's

76

51

Total

94

SMSA's

95

NonSMSA's
94

May 1971

other industries in both metropolitan
and nonmetropolitan areas of the
Plains. This held down income growth
in the region's nonmetropolitan areas
and this in turn limited total income
growth in the region.
Southeast

The Southeast scored the second
largest regional rate of income growth
over the 1929-50 span. In the 1950's,
253
234
243
73
91
55
114
Southeast
113
111
192
292
92
249
78
53
101
111
Southwest
78
however,
its growth rate barely ex202
71
46
214
228
99
Rocky Mountain
98
84
67
251
304
96
105
51
259
103
106
Far West 80
ceeded that of the Nation. During the
1960's, the situation was again reSource: U.S. Department of Commerce, Office of Business Economics.
versed, and the region ranked first in
income growth. These significant varipared with a gain of about 75 percent tion stemmed from developments in its ations reflect mainly, but not entirely,
in the metropolitan areas of the Nation. nonmetropolitan areas where income changes in rates of income growth in
This was about the same advantage rose only 28 percent in the 1950's, com- nonmetropolitan areas.
that the region had over the Nation pared with 51 percent for nonmetroIn the 1950's, nonmetropolitan area
during the 1929-50 period. Expansion politan areas of the Nation as a whole. income expanded faster in the Southin government and manufacturing ac- Moreover, non-SMSA's accounted in east (55 percent) than in the Nation (51
tivity provided the basic impetus, but 1950 for one-half of all income in the percent). However, these growth rates
all major income components in the Plains but for only one-fourth nation- were well below the rates for metroregion's metropolitan areas rose at ally. In metropolitan areas, income ex- politan areas, and this fact was of conabove-average rates during the 1950's. panded in the 1950's at almost identical siderable importance for the Southeast
The Rocky Mountain region's share rates in the Plains (74 percent) and the because nonmetropolitan areas account
of the Nation's total income declined Nation (76 percent).
for about twice as large a proportion of
further during the 1960's. Again, the
The income lag in the Plains' non- income there as in the Nation.
major influence was agriculture. This is metropolitan areas in the 1950's
As in the Plains and Rocky Mountain
clearly shown in a comparison of income stemmed from farm income, which regions, the growth of income in nongrowth in nonmetropolitan areas of the dropped more than 30 percent there metropolitan areas of the Southeast
region, which depend heavily upon agri- compared with a 15 percent decline during the 1950's was dampened by a
culture, with growth in metropolitan nationally. Moreover, the ratio of farm decline in agricultural income. Income
areas, which rely only indirectly on income to total income in nonmetro- from all major nonfarm industries in
agriculture. In the former, income politan areas is above 30 percent in the the nonmetropolitan areas of the Southgrowth lagged substantially; in the lat- Plains but only 20 percent nationally. east expanded at rates well above the
ter, it outpaced the Nation slightly.
The income lag in farming—a basic national averages.
Metropolitan area income in the
In the region's nonmetropolitan areas, industry—carried with it income lags
farm income grew slowly and that held in associated industries such as trade, Southeast continued in the 1950's, as in
1929-50, to expand at a rate well above
down growth in the supporting indus- services, finance, and transportation.
the
national average, as all major industries such as trade and services. In the
However, other basic nonagricultural
metropolitan areas where there is little industries grew much faster in the non- tries grew at better-than-average rates.
agriculture, changes in most nonfarm metropolitan areas of the Plains than However, the margin by which growth
industries varied around their national in the nonmetropolitan areas of the in the region exceeded that in the Naaverages in a generally offsetting man- Nation as a whole. Earnings of Fed- tion was reduced in the 1950's as textile
ner, and total income rose at roughly eral employees advanced 134 percent industry growth, so important in the
the same rate as in the Nation.
in the Plains compared with 127 percent economy of the Southeast, was slower
nationally; in manufacturing the re- than that of most other industries.
Plains
In the 1960's, rapid income expansion
spective increases were 90 and 74 perFrom 1929 to 1950, personal income cent, and in mining, 56 and 25 percent. in the Southeast resumed. Contrary to
the previous pattern, income grew at
in the Plains States increased slightly
During the 1960's, the Plains re- about the same pace, in metropolitan
more than 150 percent, equaling the
national growth rate. During the 1950's, gion's income lag was reduced signifi- and nonmetropolitan areas, with nearly
however, income in the Plains rose only cantly principally because farm income all major industries scoring above51 percent, the slowest regional gain there rose at about twice the national average gains. The one significant
and well below the national rate of 69 rate. Even so, the growth rate of agri- exception was farm income, which rose
percent. The region's sharp decelera- culture was well below that in most about 35 percent. However, the dampenNew England
Mideast
Great Lakes
Plains




..

111
117
151
163

108
113
143
153

128
148
182
174

62
62
64
51

62
63
67
74

62
59
54
28

92
86
88
87

91
85
88
86

92
90
92
88

May 1971

ing effect of this on the region's total
income gain was much less in the 1960's
than in the 1950's because of the reduction in the importance of farming in the
region's income structure—from 12 percent of total income in 1950 to 6 percent in 1959.
The most striking development in
nonmetropolitan areas of the Southeast
has been their rapid industrialization.
From 1959 to 1969, earnings of persons
engaged in manufacturing rose 145 percent in nonmetropolitan areas of the
Southeast and 108 percent in nonmetropolitan areas nationally. By 1969,
Manufacturing earnings accounted for
24 per cent of all personal income in the
region's nonmetropolitan areas.
Southwest

From 1929 to 1950, income in the
Southwest rose at a much faster rate
than in the Nation, with the main impetus supplied by expansion of economic activity in metropolitan areas. In
fact, the rate of income growth in
metropolitan areas of the Southwest
exceeded that of any other region by a
wide margin. During this period the
income increase in the Southwest's
nonmetropolitan areas equaled the national average.
In the 1950's, however, the increase
in nonmetropolitan area income was
small, reflecting a decrease in farm
income and the consequent impact on
supporting industries. This reduced the
Southwest's income uptrend to a small
fraction of what it had been in the
previous two decades. During the
1950's, income growth in the region's
metropolitan areas exceeded that of the
Nation by a margin that was substantial though much smaller than in the
1929-50 period. This relative slowing
of the growth rate in the region's
metropolitan areas stemmed, at least
in part, from the decline in farm income,
which had a significant, indirect impact
on supporting industries even in metropolitan areas.
In the 1960's, the margin of the
Southwest's income growth rate over
the national rate was further reduced.
This was caused by the slow rate of
farm income growth. Because farming
is concentrated in nonmetropolitan
areas, the effect of the lag in this



SUKVEY OF CURRENT BUSINESS
industry was centered in these areas.
In metropolitan areas, however, income
growth in the Southwest was second
only to that in the Southeast. Particularly noticeable was the 130-percent
gain in income from manufacturing in
the Southwest as a whole. Nationally,
the comparable gain was 84 percent.
Far West
Because nonmetropolitan areas account for a much smaller proportion
of total income in the Far West (16
percent in 1950) th?n in the southern
and west central regions (nearly 50
percent), the impact of income changes
in nonmetropolitan areas there was
much less than in other parts of the
country. The steady reduction in the
size of the region's income uptrend is
mainly the product of developments in
metropolitan areas. In each of the three
periods, 1929-50,1950-59, and 1959-69,
income in all major industries grew at
above-average rates in metropolitan
areas of the Far West, but the margins
over the national growth rates were
diminishing.
The comparatively small relative
income uptrend in the 1960's was
accomplished mainly in the first half of
the decade. From 1959 to 1965, total
income in the Nation rose 40 percent;

19
in the Far West it was up 45 percent.
From 1965 to 1969, personal income
rose 40 percent in the Far West and 39
percent in the Nation. Much of these
recent-period developments reflect the
curtailment of aerospace activities.
New England, Mideast, and Great
Lakes
The New England, Mideast, and
Great Lakes regions account for 51
percent of all personal income in the
country. They are highly urbanized and
industrialized: Nonmetropolitan areas
account for about 16 percent of their
total income, compared with 31 percent
in the rest of the country, and agricultural income accounts for only about 2
percent of their total income. Even in
their nonmetropolitan areas farming
accounts directly for less than 5 percent. In view of this income structure,
changes in nonmetropolitan area income
have only a small effect on total income
in these three regions.
Income growth in the New England,
Mideast, and Great Lakes regions was
less than that in the country as a whole
in each of the three periods reviewed in
this report. However, the lags have
generally diminished ovei time, though
this generalization holds less firmly for
the Great Lakes where the lag has been
quite small in each period.

FOOTNOTES FOR TABLES 1 AND 2
1. U.S. totals shown for 1965 through 1968 do not agree with totals shown in the State per
sonal income series (August 1970 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 Office of Management and Budget. See Note.
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 independent city of Colonial Heights, Va., is included in the Richmond SMSA.
This differs from the Office of Management and Budget definition which includes Colonial
Heights with the Petersburg SMSA.
5. Data not shown to avoid disclosure.
6. Total includes forestry, fisheries, agricultural services, and rest of the world.
Source: U.S. Department of Commerce, Office of Business Economics.
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 Office of Management and
Budget definitions published in 1967 and amended February 1971, 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 local-area unit for which income estimates can be constructed; (2) in Alaska, Vermont, and Wyoming—States without official SMSA's—Anchorage, Burlingiton, 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 work 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.

SURVEY OF CURRENT BUSINESS

20

May 1971
Table 1.—Personal Income, by SMSA's and

Total personal income, where earned
Millions of dollars
Line

1 Total, United States *
2
Sum of all SMS A Counties
3
Sum of all non-SMS A Areas
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
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

-

-

...

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..
- .-...

Portland, Maine
Providence-Pawtucket-Warwick, R.I_-- _
Springfield-Chicopee-Holyoke, Mass
Worcester-Fitchburg-Leominster, Mass
Sum of SMSA's
Non-SMS A Area.. .
-

_

-

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
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
Scranton, 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.-NJ.-Md
York, Pa
Sum of SMSA's
Non-SMS A Area
Great Lakes:
Akron Ohio
Anderson Ind
Ann Arbor Mich
Appleton-Oshkosh, Wis
Bay City Mich
Bloomington-Normal, 111
Canton Ohio
Champaign- Urbana, 111
Chicago 111
Cincinnati Ohio-Ky.-Ind

_ _. .

-

.

.

- -

- -

-

- - -

- - -

-

-

. -.---

60
61
62
63
64
65
66
67
68
69

Cleveland Ohio
Columbus Ohio
Davenport-Rock I^land-Moline, Iowa-Ill
Dayton, Ohio
Decatur, 111
- - - - - Detroit Mich
Evansville Ind -Kv
Flint Mich
Fort Wayne, Ind
Gary-Hammond-East Chicago Ind

...
-- -

70
71
72
73
74
75
76
77
78
79

Grand Rapids, Mich
Green Bay Wis
Hamilton-Middletown Ohio
Indianapolis, Ind
Jackson Mich
Kalama70o Mich
Kenosha Wis
La Crosse, Wis
Lafayette-West Lafayette, I n d
Lansing Mich

- ----- ------ - -- -

80
81
82
83
84
85
86

Lima, Ohio
Lorain-Elyria, Ohio
-Madison, Wis
Mansfield Ohio
Milwaukee Wis
Muncie, Ind
Muskeeon-Muskeeon Heiehts. Mich


See footnotes on page 19.


- - -^
-

-

-...
- . . _ . _ _ _ _ .

-

_ - . _ ._.

- - -

-

- -

.

1929

1950

1959

1962

1965

1966

1967

1968

1969

85, 803
65,296
20,507

226, 197
165,990
60,207

382, 840
291,953
90,887

440, 190
334,830
105,360

534,816
406,555
128,261

580, 483
440,973
139,510

625,068
476,571
148,497

683,702
522,215
161,487

744,479
568,553
175,926

2,750
418
32
251
467
45
113
449
88
94

5,072
916
72
590
1,134
112
247
996
235
216

8,328
1,709
138
783
2,009
161
399
1,698
456
318

9,567
2,086
161
895
2,323
173
474
1,971
493
383

11, 321
2,475
202
1,039
2,872
195
558
2,361
651
417

12, 174
2,733
243
1,116
3,192
215
622
2,545
710
452

13, 306
3,045
277
1,200
3,505
230
694
2,749
734
493

14, 569
3,357
322
1,306
3,809
256
764
2,917
789
533

15, 817
3,680
357
1,416
4,146
274
837
3,154
873
567

112
532
322
374
6,047
1,004

220
1,115
759
878
12,562
2,293

386
1,536
1,188
1,251
20, 360
3,715

430
1,751
1,303
1,422
23,431
4,282

503
2,057
1,549
1,691
27,888
5,155

529
2,220
1,674
1,813
30,237
5,576

580
2,424
1,775
1,918
32,931
6,059

630
2,616
1,930
2,077
35,875
6,568

687
2,836
2,066
2,242
38,953
7,152

493
313
88
105
970
137
867
133
198
586

958
737
182
189
2,482
339
1,923
370
497
1,115

1,492
1,115
251
301
4,097
616
3,205
510
831
1,622

1,709
1,272
272
360
4,731
700
3,375
574
896
1, 830

2,047
1,545
318
416
5,764
810
3,973
710
1,076
2,032

2,198
1,649
337
444
6,229
870
4,211
772
1,171
2,161

2,372
1,759
357
490
6,740
936
4,478
815
1,292
2,322

2,563
1,923
390
541
7,421
1,013
4,853
877
1,403
2,518

2,767
2,077
426
581
8,019
1,090
5,197
938
1,548
2,658

162
132
10, 614
1,329
545
3,035
1,804
181
495
196

343
375
20, 303
2,801
1,465
6,356
3,724
412
1,066
319

437
606
32, 171
4,713
2,820
10, 722
5,763
602
1,922
420

470
678
37, 161
5,495
3,326
11,981
6,008
667
2,148
465

552
818
43, 303
6,657
4,059
13, 968
7,077
808
2,680
531

586
890
46, 211
7,114
4,362
15, 230
7,604
873
2,946
569

619
952
50, 154
7,647
4,741
16, 478
8,061
938
3,225
630

664
1,017
54, 776
8,298
5,215
17, 893
8,742
1,024
3,494
681

716
1,111
59, 460
8,947
5,645
19, 224
9,281
1,100
3,804
730

337
160
192
44
773
287
244
129
24, 549
3,079

724
437
416
136
3,068
489
656
384
52, 267
7,619

1,229
743
704
236
5,472
584
1,193
600
84,980
12, 104

1,451
802
769
277
6,647
627
1,376
658
96,725
13,668

1,673
1,004
874
321
8,598
738
1,739
798
114,888
16,716

1,824
1,076
954
349
9,352
797
1,870
859
123,508
18, 034

1,961
1,143
1,023
370
10, 158
868
1,954
941
133,423
19,492

2,097
1,227
1,116
407
11, 326
942
2,087
1,040
145,549
21, 145

2,259
1,325
1,215
441
12, 352
1,017
2,274
1,150
157,355
23, 049

305
50
50
108
39
47
183
44
5,466
857

800
171
238
290
120
112
467
164
10, 806
1,746

1,414
304
441
500
195
175
766
280
17,911
3,112

1,556
347
544
571
198
217
833
326
20, 119
3,344

1,847
425
735
705
262
263
1,019
416
24, 141
3,900

1,975
443
815
783
288
291
1,097
490
26, 104
4,261

2,097
457
882
826
306
324
1,151
530
28, 009
4,579

2,349
499
1,003
888
334
342
1,251
541
30, 243
5,075

2,509
536
1,108
976
366
373
1,364
599
32, 698
5,452

1,340
357
173
295
61
2,230
96
170
124
224

3,044
939
510
976
165
6,112
315
533
346
725

5,164
1,796
800
1,780
287
9,547
436
1,017
575
1,401

5,624
2,011
848
1,996
308
10, 497
483
1,186
699
1,523

6,852
2,425
1,046
2,493
399
14, 207
629
1,610
875
1,890

7,377
2,627
1,154
2,754
447
15, 398
680
1,667
966
2,009

7,778
2,806
1,221
2,969
479
16, 218
728
1,712
1,014
2,075

8,601
3,176
1,277
3,240
517
17, 881
781
1,910
1,097
2,241

9,244
3,448
1,351
3,585
562
19, 574
853
2,077
1,204
2,468

237
47
80
488
71
83
54
37
30
116

632
144
245
1,353
175
219
135
101
111
367

1,036
253
447
2,306
295
390
280
154
199
665

1,149
288
486
2,648
313
444
309
167
228
741

1,456
347
583
3,269
408
548
354
208
293
1,002

1,606
380
633
3,575
458
617
342
232
328
1,098

1,723
420
683
3,804
485
670
339
245
346
1,176

1,864
459
712
4,127
520
727
355
262
363
1,313

2,029
509
768
4,472
572
790
382
281
403
1,443

70
74
91
46
849
54
59

209
254
273
162
1,992
152
199

316
449
511
299
3,405
237
316

370
500
599
318
3,787
284
353

443
635
735
378
4,464
352
429

502
687
805
410
4,837
375
479

518
698
868
429
5,167
391
503

587
802
943
468
5,504
419
525

633
874
1,039
508
5,952
456
575

SURVEY OF CURRENT BUSINESS

May 1971

21

Non-SMSA's, for Selected Years, 1929-69
Personal income by major type of payment, where earned, 1969
Millions of dollars

1959-69

1968-69

65,084
46,007
19,077

25,993
20,493
5,500

6.02
6.47
4.68

6.88
6.89
6.83

8.89
8.87
8.94

2,529
781
55
217
626
40
115
529
151
91

1,433

563
120
12
49
148
10
32
109
27
20

5.67
7.17
7.43
3.19
6.56
4.11
5.49
6.10
7.64
4.40

6.62
7.97
10.02
6.10
7.52
5.44
7.69
6.39
6.73
5.96

100
415
318
346

6,312
1,182

66
313
213
232
3,444
764

26
111
72
79
234

6.46
3.62
5.10
4.01
5.51
5.51

188
146
31
54
465
86
329
78
103
126

354
284
60
77
972
130
658
143
164
264

276
174
52
82
629
107
496
83
149
236

90
91
19
20
292
37
174
40
70
101

62
130

67
146

4,131

10, 514
1,471

96
88

31
48

504,705
399, 110
105,595

27,499
22,360
5,139

66,846
40, 101
26, 745

106,338
81,468
24,870

10, 882
2,320

531
134
12
49
186
8
31
120
33
18

1,005

22
100
75
89
200

57
192
127
138
2,580
674

288
372
5,949
762
3,623
633
1,152
2,018

89
105
14
17
295
43
265
41
51
115

483
752

38
42

salaries

254
943
2,987
180
607
2,130
593
374
468

1,927
1,404
1,517
26,585
4,566
1,949
1, 459

39, 673
6,130
3,777
13, 421
6,355

774

2,713

490
1,590

939
847
309
9,435
687
1,574

835
108,990
14,829
1,862

391
804
679
231
233
968
426

1,408

1,912

375
277
768
428
55
170
22

324
23
87
225
24
50
224
60
44

628
469
1,385

635
88
246
54

3,511

117
22
75
40
22
13
72
10

158
39
61
90
35
51
95
51

6,607
2,576
931
2,740
393
14, 050
606
1,439
887
1,840

474
139
56
158
22

589
214
123
209
42

1,434

1,186

356
541
3,242
386
558
248
192
295
1,014

432
610
733
370
4,176

320
398

366

1966

1967

1968

1969

100. 00
76.37
23.63

226, 197
165, 488
60,709

382,840
290,298
92,541

440, 190
332, 928
107,261

534,816
404, 149
130,666

580,483
438,330
142, 152

625,068
473, 731
151,336

683,702
519, 101
164,600

744,479
565, 113
179,366

1
2
3

8.57
9.62
10.97
8.38
8.86
6.95
9.64
8.12
10.75
6.47

2.12

.49
.05
.19
.56
.04
.11
.42
.12
.08

5,066
928
72
584
1,107
113
248
1,004
202
216

8,318
1,754

9,555
2,142

11, 307
2,538

13, 282
3,125

14, 540
3,443

15, 781
3,774

201
1,093
2,684
198
561
2,401
563
417

12,154
2,804
242
1,186
2,984
219
626
2,588
615
453

276
1,294
3,279
234
698
2,796
636
493

321
1,412
3,552
260
769
2,963
684
533

1,535
3,862
279
843
3,204
758
568

4
5
6
7
8
9
10
11
12
13

5.94
6.32
5.69
6.01
6.70
6.77

8.90
8.41
7.02
7.94
8.58
8.89

.09
.38
.28
.30

1,124

501
2,088
1,559
1,732
27,850
5,408

527
2,254
1,685
1,857
30, 200
5,854

578
2,460
1,787
1,964
32,909
6,359

628
2,655
1,942
2,126
35,834
6,895

684
2,877
2,078
2,294
38,893
7,516

14
15
16
17
18
19

5.05
4.70
3.63
5.31
5.73
6.88
5.84
3.61
5.88
4.25

-.6.37
6.42
5.43
6.79
6.95
5.87
4.95
6.29
6.41
5.06

7.96
8.01
9.37
7.47
8.06
7.62
7.10
6.99
10.33
5.55

2,037
1, 520
310
423
5,748
812
3,946
701
1,057
2,013

2,186
1,622
6,210

1,144
2,140

2,359
1,729
348
499
6,718
937
4,445
804
1,247
2,298

2,548
1,891
380
551
7,396
1,014
4,817
865
1,371
2,492

2,750
2,042
415
592
7,990
1,092
5,157
926
1,512
2,630

20
21
22
23
24
25
26
27
28
29

5.07
6.25
6.33
6.62
7.19
6.01
4.88
6.21
7.06
5.67

7.75
9.30
8.55
7.82
8.25
7.44
6.17
7.41
8.87
7.17

713

312
195
812
405
49
129
31

2.73
5.49
5.25
5.95
7.55
5.98
4.97
4.30
6.77
3.12

133
140
96
13,569
2,472

76
47
39
16
502
44
74
52
5,699
785

6.06
6.08
6.02
6.29
6.64
1.99
6.88
5.10
5.55
5.28

6.27
5.95
5.61
6.44
8.48
5.70
6.66
6.72
6.35
6.65

7.73
7.97
8.85
8.31
9.06
7.90
8.95
10.65
8.11
9.00

187
36
56
70
31
29
104
40

98
19
36
34
11
13
51
19

5.90
5.82
9.65
6.92
6.48
7.84
5.94
7.92
6.20
5.77

6.83
7.39
10.41
9.98
9.34
8.97
8.97
10.86
8.12
7.43

241
26
168
271
32
66
260
63
60

5,132

655
424
1,636

220
104
132
43

2,219

249

1965

262
195
140
47
127
388
131
24,032

1,976

1962

848
96
289
89

169
85
94
41
585
75
121
97
10,702

1,276

1959

136
514
106

94
48
41
18
279
39
126
44
5,762
804

23, 626
3,728

1,429

1,422

1,488

283
67
148
132
59
59
176
92
4,889
903
1,311

1,068

1,376

1,902

5.23

.96

.37
.28
.06
.08

761
888
12,531
2,345
955
731
180
191
2,478
339

1,725

394
318
384

176
477
2,002
428
383
428

1,559
1,196
1,280
20,358
3,880

1,777
1,312
1,456
23, 446
4,490

1,485
1,098

1,701
1,252

328
452

1,110

342
375

435
606

46)3

678

551
818

584
889

617
951

7.99
1.20

20, 069
2,784
1,825
6,361
3,698

31, 464
4,659
3,554
10, 751
5,688

36, 329
5,432
4,216
12, 014
5,927

42, 336
6,579
5,026
14, 007
6,980

45, 155
7,028
5,367
15, 268
7,497

48, 997
7,553
5,903
16, 515
7,947

1, 059

1,897

465

815
2,644
532

880
2,904
569

3,179

421

2,120

319

1,220

1,440

1,660

1,809
1,041

1,944
1,136
1,007

21.14
3.10

721
433
413
135
3,054
491
649
387
52,302
7,778

.34
.07
.15
.13
.05
.05
.18
.08

807
176
225
288
127
113
461
163

4.39

.73

10, 767
1,740

3,012

.76

2.58
1.25

.15
.51
.10
.30
.18
.16
.06

1.66

.14
.31
.15

1, 915

368
506

414

2,157

1,226

198

6.53
6.62
7.11
6.24
5.53
5.04
5.65
6.09
5.78
6.63

606
249
108
225
43

6.05
7.48
5.14
6.90
6.32
5.08
3.70
7.44
5.79
7.59

6.00
6.74
5.38
7.25
6.96
7.44
6.93
7.40
7.67
5.83

7.47
8.57
5.78
10.63
8.54
9.46
9.25
8.77
9.76
10.17

1.24

.11
.28
.16
.33

311
527
333
713
627
143
244

404

164
402

161
930

2,213

.10
.15

.15
.70
.13
.21
.36

78
125
77
156

1,209

67
131
67
151

343
137
50
140
21
667
30
68
43
90

82
18
36
215
39
38
29
9
16
113

160
45
50
339
42
53
35
27
31
107

284
70
112
549
83
117
49
37
48
158

143
38
59
284
41
50
34
25
25
97

69
18
29
157
19
26
13
10
13
47

5.64
6.46
6.92
6.11
5.99
6.63
8.44
4.84
6.63
6.82

6.95
7.22
5.57
6.85
6.84
7.32
3.16
6.20
7.32
8.05

8.82
10.84
8.00
8.36
10.09
8.65
7.50
7.20
10.90
9.89

.27
.07
.10
.60
.08
.11
.05
.04
.05
.19

34
60
29
24
257
30
30

62
56
86
35
382
34
41

80
119
153
64
922
56
79

47
61
74
34
425
30
47

23
32
36
20
211
15
19

4.71
6.54
7.23
7.09
6.14
5.06
5.26

7.19
6.90
7.35
5.44
5.74
6.75
6.17

7.82
9.01
10.20
8.67
8.13
8.66
9.54

.09
.12
.14
.07
.80
.06
.08




219

137
809
1,912

245
305
4,087
617
3,184
503
814
1,607

1.08

408
182
392
83
2,362
98
218
143
238

33
233
73
173

Line

1950

Property Transfer
income payments

943
2,826

Millions of dollars
Percent
of U.S.,
1969

1950-59

and

Proprietors'
income

Total personal income, where received

Average annual rates of
growth
Less:
personal
contributions for
social
insurance

Other
labor
income

Total
wages

Total personal income, where earned

.46
.18
.48
.08

927
505
961
163

2.63

6,100

607

265
366
4,719

701
3,353
567
880
1,813

672

698
694
230
5,424
602

792
758
269
6,584
659

1,168

1,346

631

10, 050

769
1,700

1,827

1,908

8,512

359

903

1,016
53, 514
8,195
6,495
17, 930
8,617
1,033
3,443

1,110
58, 065
8,833
6,992
19, 259
9,145
1,110
3,748

682

731

30
31
32
33
34
35
36
37
38
39

2,078
1,228
1,099
395
11, 205
971
2,037
1,064
145,000
22,201

2,239
1,290
1,196
428
12, 214
1,044
2,219
1,178
156,621
24, 205

40
41
42
43
44
45
46
47
48
49

2,395
492
949
876
382
347
1,220
534
30, 029
5,037

2,559
530
1,059
963
412
378
1,329
592
32,454
5,409

50
51
52
53
54
55
56
57
58
59

8,413
3,088
1,251
3,126

60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79

662

17, 541

963
132,905
20,464

1,585

1,884

2,015

2,139

328
495
564
233
219
814
322

391
671
697
301
266
994
411

1,070

1,122

17, 802
3,092

19, 995
3,322

23, 989
3,873

25, 929
4,231

27, 814
4,545

5,060
1,751
785
1,723
277
9,520
426
995
537
1,354

5,510
1,959

7,217
2,555
1,129
2,658

10, 467

15, 346

1,938

7,607
2,728
1,196
2,864
462
16, 161
710
1,672
951
2,002

17, 815

1,472

6,709
2,360
1,025
2,407
385
14, 165
613
1,573
825
1,824

1,864
1,025
2,161

9,036
3,350
1,323
3,455
542
19, 495
831
2,027
1,129
2,379

1,019

1,128

1,430

1,576

1,690

1,828

1,989

816
114,452

12, 653

1,441

290
430
494
212
177
748
276

250
444

832

1,931

298

472

1,160

646

285
483

293
377
278
149
189
658

2,631

207
245
271
157

310
457
506
279
3,369
232
308

363
517
593
301
3,746
278
343

151
197

946

939
339
9,255
824

672
96,471
14,311

2,291

1,980

762

879
122,966
18,940

613
84,687

174
215
134
99
108
365

1,348

955
861
312

872

4,181

357

311
429
308
162
217
733

433
779
773
332
295
484

431
663

1,628

917

343
579
3,247
405
529
352
201
284
991

375
628
3,550
454
595
340
224
318
1,085

434
651
727
360

492
695
796
387

4,414

4,781

345
417

367
465

454
843
815
352
328
523

499

761

453
706
4,096
516
701
353
254
354

502
763
4,437
568
762
380
272
393

1,162

1,297

1,425

507
739
858
406

574
828
932
444
5,439
410
511

414
678
3,776
482
647
337
237
336

5,107

383
489

619
894
1,027

480
5,879
446
560

80
81
82
83
84
85
86

SURVEY OF CURRENT BUSINESS

22

May 1971

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
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

Great Lakes:
Peoria, 111
Racine, Wis
. . ... .
Rockford 111
Saginaw, Mich
South Bend, Ind
. -.. _
Springfield O hio
Springfield 111
Steubenville-Weirton, Ohio-W. Va
Terre Haute, Ind
- - - --Toledo Ohio-Mich
Youngstown- Warren, Ohio
Sum of SMSA's
Non-SMSA Area

- -

.. .

.

-

- ...

-

Plains.
Cedar Rapids, Iowa
.
.
Columbia, Mo
- - - .
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
Rochester Minn
Sioux City, lowa-Nebr
Sioux Falls, S. Dak.
Springfield Mo
St Joseph Mo
St. Louis, Mo.-Ill
Topeka, Kans
Waterloo Iowa
Wichita Kans
Sum of SMSA's
Non-SMSA Area

.-

.
,.

.

.
- ..

. .
- .

.

Southeast.
Albany Ga
Asheville, N.C
Atlanta, G a
. . . - - _ _ . Augusta Ga -S C
Baton Rouge La
Biloxi-Gulfport, Miss.
Birmingham, Ala._
Charleston, S.C
Charleston W.Va
Charlotte N.C

..

1950

1959

1962

1965

1966

1967

1968

1969

162
73
119
88
145
68
81
93
93
400

520
209
353
247
490
188
216
248
215
970

791
312
584
425
692
280
341
389
306
1,452

812
354
664
470
675
306
407
429
345
1,571

1,062
468
847
653
769
382
494
536
408
1,900

1,147
499
953
697
836
427
528
541
442
2,070

1,227
532
1,041
729
883
455
574
560
466
2,203

1, 316
555
1,109
798
948
481
613
579
499
2,458

1,402
612
1,182
864
1,004
523
661
616
558
2,653

265
16,291
3,858

648
39,603
10,897

1,124
66,155
16,824

1,206
73,454
19,233

1,467
91,028
23,807

1,563
98,692
26,106

1,634
104,931
27,593

1,821
114,373
29,743

2,005
124,108
32,295

72
14
173
40
161
43
538
78
823
277

202
53
427
110
363
149
1,424
185
2,128
619

368
105
739
171
526
221
2,631
361
3,847
1,082

424
120
789
189
575
266
2,996
415
4,499
1,286

490
164
885
248
663
287
3,687
482
5,455
1,488

539
176
983
264
716
296
3,990
487
5,963
1,604

573
183
1,046
272
767
327
4,363
518
6,538
1,737

20
90
32
48
69
1,348
62
49
143
4,080
3,766

74
201
104
147
148
3,163
173
191
475
10,337
10,310

141
273
154
250
212
5,236
330
339
955
17,942
13, 167

189
290
195
280
230
5,792
374
334
1,029
20,274
15,713

236
315
221
325
241
7,089
439
377
1,126
24,217
18,846

255
340
237
347
257
7,653
454
421
1,230
26,209
20,451

274
365
288
385
277
8,249
526
431
1,322
28,442
21,159

308
394
317
436
299
8,947
567
464
1,426
31,032
22,586

343
417
341
475
318
9,510
613
491
1,461
33,454
24,732

12
43
322
54
38
21
285
53
94
92

52
145
1,166
195
244
123
817
203
355
351

122
224
2,324
370
510
190
1,394
360
569
673

145
258
2,775
491
531
240
1,511
434
585
822

188
327
3,721
605
664
270
1,826
550
654
1,051

207
356
4,114
744
736
326
1,938
630
703
1,173

200
379
4,480
791
834
334
2,062
711
764
1,297

216
414
5,004
866
942
386
2,217
793
792
1,453

244
447
5,662
946
982
442
2,425
864
823
1,608

121
55
46
41
16
10
51
22
12
190

324
211
238
152
150
130
128
105
50
579

552
430
363
254
231
589
208
164
113
1,067

608
488
405
306
309
732
262
161
142
1,277

779
636
568
377
383
1,035
270
196
192
1,587

868
730
647
416
420
1,160
289
217
211
1,732

936
783
727
481
551
1,310
315
231
236
1,869

1,015
876
776
539
611
1,568
348
254
267
2,081

1,111
973
828
585
663
1,910
383
274
301
2,298

56
103
26
115
48
102
11
16
53
98

244
283
71
436
213
458
64
123
122
277

420
472
278
938
393
682
141
289
263
522

517
511
327
1,100
460
761
161
279
331
609

646
630
547
1,323
554
922
211
310
439
790

748
671
595
1,432
604
1,002
225
336
488
855

786
713
591
1,539
657
1,077
247
385
532
915

871
753
622
1,720
729
1,173
272
425
591
1,010

955
821
658
1,903
791
1,276
305
449
646
1,085

609
204
1,134
298
' 827
355
4,786
562
7,203
1,895

656
222
1,223
328
874
382
5,144
620
7,980
2,055

131
132
133
134
135
136
137
138
139
140

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...
._
... ... ._
Gainesville, Fla
Greensboro-Winston-Salem-High Point N C

141
142
143
144
145
146
147
148
149
150

Greenville, S.C
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

151
152
153
154
155
156
157
158
159
160

Louisville, Ky.-Ind
Lynchburg, Va
Macon, Ga
Memphis, Tenn.-Ark
Miami, Fla
Mobile, Ala
Monroe, La
Montgomery, Ala
Nashville, Tenn
New Orleans, La

332
39
46
217
124
73
27
70
167
378

903
109
161
719
834
297
91
204
509
1,090

1,627
199
302
1,191
2,120
601
166
327
928
1,905

1,862
248
357
1,397
2,496
658
190
365
1,065
2,107

2,267
306
443
1,759
3,139
857
234
449
1,356
2,736

2,468
330
489
1,932
3,428
911
261
471
1,502
2,985

2,658
345
546
2,092
3,900
926
283
510
1,627
3,220

2,957
385
603
2,324
4,465
999
309
549
1,798
3,467

3,207
425
672
2,537
5,160
1,088
326
596
1,968
3,738

161
162
163
164
165
166
167
168
169
170

Newport News-Hampton, Va
Norfolk-Portsmouth, Va
Orlando, Fla. . .
Owensboro, Ky. _ ...
Pensacola, Fla 4
Petersburg, Va
Pine Bluff, Ark
Raleigh, N.C ,
Richmond, Va«_ .
Roanoke, Va

47
141
38
18
33
27
24
43
213
61

213
702
195
79
157
101
63
163
595
199

470
1,070
644
142
375
161
117
298
1,006
323

577
1,273
753
149
419
203
140
367
1,200
382

734
1,605
883
187
538
265
172
473
1,517
475

800
1,734
940
204
580
297
184
535
1,651
506

897
1,897
1,037
209
630
345
199
579
1,801
550

956
2,107
1,188
221
702
381
215
659
1,969
611

1,040
2,274
1,365
236
799
409
230
737
2,156
672

171
172
173

Savannah, Ga_
Shreveport, La
Tallahassee, Fla

66
88
9

196
342
55

351
543
127

356
567
148

423
665
196

449
721
212

474
785
232

576
870
273

651
921
315

See footnotes on page 19.



...

__

_.
_.

May 1971

SURVEY OF CURRENT BUSINESS

non-SMSA's, for Selected Years, 1929-69—Continued
Personal income by major type of payment, where earned, 1969 Total personal income, where earned
Millions of dollars

Total personal income, where received
Millions of dollars

Average annual rates of
growth

Less:
personal
Property Transfer contribuincome payments tions for
social
insurance

Total
wages
and
salaries

Other
labor
income

Proprietors'
income

950
426
827
584
689
362
445
431
364
1,828

57
29
66
69
52
28
19
42
19
149

125
47
82
62
91
37
58
35
69
201

219
85
180
119
128
72
105
78
67
360

47
70
59
77
45
57
52
57
212

1,480
88,703
19,898

127
6,408
1,189

136
8,247
4,480

184
16,820
4,613

456
152
879
223
585
240
3,713
402
5,950
1,451

26
5
45
13
31
10
218
17
299
67

57
17
101
36
56
52
349
48
447
171

235
255
211
309
208
6,698
411
335
1,027
23,709
12,026

9
13
10
15
11
432
18
18
66
1,324
508

180
315
4,317
741
695
333
1,705
658
585
1,250

Percent
of U.S.,
1969

Line
1959

1962

1965

1966

1967

1968

1969

514
212
350
246
485
178
213
252
215
971

772
344
577
422
677
275
333
401
308
1,457

793
391
656
466
661
299
396
442
347
1,576

1,037
500
836
647
754
386
481
552
410
1,907

1,120
531
940
691
818
425
515
558
444
2,078

1,197
573
1,027
722
865
457
559
577
468
2,211

1,284
613
1,093
790
929
496
596
596
502
2,466

1,367
659
1,166
856
983
560
644
635
562
2,661

87
88
89
90
91
92
93
94
95
96

.27
16.67
4.34

642
39,362
11,033

1,105
65,493
17,256

1,186
72,687
19,717

1,441
90,050
24,429

1,535
97,627
26,791

1,604
103,817
28,318

1,787
113,135
30,533

1,966
122,707
33,157

97
98
99

7.65
8.80
7.83
9.93
5.79
7.55
7.48
10.21
10.79
8.43

.09
.03
.16
.04
.12
.05
.69
.08
1.07
.28

200
53
421
106
361
149
1,416
185
2,114
613

360
105
717
157
520
222
2,605
360
3,799
1,064

415
120
766
176
569
267
2,966
413
4,441
1,263

480
164
859
225
656
287
3,649
480
5,383
1,462

527
176
953
242
708
296
3,946
485
5,880
1,575

561
182
1,014
251
758
328
4,315
516
6,446
1,705

596
203
1,099
272
818
356
4,732
560
7,100
1,860

642
221
1,185
299
865
383
5,084
618
7,862
2,016

100
101
102
103
104
105
106
107
108
109

9.30
4.35
8.28
6.62
4.12
6.15
6.40
3.77
4.34
6.43
6.51

11.26
5.78
7.86
8.89
6.45
6.29
8.24
5.80
2.48
7.81
9.50

.05
.06
.05
.06
.04
1.28
.08
.07
.20
4.49
3.32

73
199
104
145
161
3,136
171
189
471
10,269
10,328

137
269
152
243
204
5,149
322
331
940
17,663
13,243

184
286
192
272
220
5,694
365
326
1,012
19,957
15,796

229
311
218
316
234
6,965
428
368
1,108
23,831
18,949

248
336
233
337
247
7,514
442
410
1,208
25,773
20,560

266
360
284
373
265
8,098
513
420
1,299
27, 963
21,270

300
389
312
423
286
8,783
552
452
1,401
30,501
22,711

334
411
337
461
305
9,332
597
479
1,436
32,867
24,859

110
111
112
113
114
115
116
117
118
119
120

9.86
4.96
7.97
7.34
8.54
4.96
6.11
6.58
5.37
7.51

7.18
7.17
9.31
9.85
6.78
8.78
5.70
9.16
3.77
9.10

13.24
7.81
13.15
9.26
4.27
14.62
9.37
8.99
3.98
10.69

.03
.06
.76
.13
.13
.06
.33
.12
.11
.22

54
143
1,148
193
240
123
809
202
352
367

122
219
2,252
359
484
188
1,366
356
548
650

146
252
2,686
472
503
237
1,481
430
565
784

194
320
3,596
581
624
267
1,789
544
625
1,017

213
348
3,971
704
696
322
1,897
624
672
1,144

207
370
4,322
748
786
330
2,018
704
726
1,235

224
405
4,828
817
883
381
2,170
784
754
1,386

255
437
5,458
890
923
437
2,373
855
790
1,537

121
122
123
124
125
126
127
128
129
130

42
32
19
21
12
48
14
11
10
88

6.08
8.25
4.82
5.90
4.94
18.25
5.55
5.13
9.39
7.03

7.25
8.50
8.59
8.68
11.13
12.48
6.32
5.27
10.33
7.98

9.44
11.08
6.69
8.59
8.44
21.83
10.21
7.92
12.99
10.44

.15
.13
.11
.08
.09
.26
.05
.04
.04
.31

316
210
236
152
149
121
128
104
50
569

517
427
357
254
228
701
208
162
111
1,030

570
484
397
306
305
857
263
159
140
1,233

724
631
558
377
378
1,214
271
193
189
1,530

809
725
636
415
415
1,367
290
214
208
1,668

875
777
714
481
544
1,576
316
228
232
1,799

943
869
763
538
604
1,878
350
251
263
2,002

1,031
965
814
584
655
2,239
386
271
297
2,210

131
132
133
134
135
136
137
138
139
140

65
89
51
183
63
110
23
38
45
94

36
31
26
60
30
47
11
15
25
40

6.22
5.83
16.33
8.88
7.02
4.53
9.19
10.00
8.95
7.29

8.57
5.69
9.01
7.33
7.23
6.46
8.05
4.50
9.39
7.60

9.66
9.02
5.84
10.63
8.48
8.80
12.39
5.59
9.43
7.52

.13
.11
.09
.26
.11
.17
.04
.06
.09
.15

243
282
78
434
212
452
63
123
122
275

416
467
266
930
389
664
139
288
253
515

512
505
321
1,090
456
741
159
278
323
600

639
623
530
1,311
897
208
309
418
779

739
663
577
1,418
598
974
222
335
465
843

111
704
581
1,524
650
1,047
243
384
502
901

861
744
621
1,703
721
1,140
268
424
562
994

994
811
671
1,884
782
1,240
301
448
616
1,069

141
142
143
144
145
146
147
148
149
150

424
44
80
322
867
188
49
60
260
619

237
32
54
195
480
101
32
53
140
297

120
16
23
93
152
39
11
22
74
134

6.76
6.88
7.22
5.77
10.92
8.17
6.91
5.39
6.90
6.40

7.02
7.88
8.34
7.85
9.30
6.11
6.96
6.20
7.81
6.97

8.47
10.43
11.31
9.16
15.56
8.98
5.36
8.71
9.50
7.84

.43
.06
.09
.34
.69
.15
.04
.08
.26
.50

892
109
161
714
828
296
91
203
502
1,088

1,587
190
297
1,176
2,091
598
165
325
903
1,899

1,816
240
352
1,379
2,462
654
188
363
1,037
2,101

2,210
292
437
1,735
3,094
852
232
446
1,319
2,727

2,403
317
478
1,905
3,377
905
258
469
1,459
2,975

2,588
332
534
2,062
3,841
920
280
507
1,580
3,208

2,878
371
587
2,290
4,398
992
306
545
1,745
3,453

3,120
409
656
2,499
5,079
1,081
323
593
1,910
3,723

151
152
153
154
155
156
157
158
159
160

50
108
186
33
47
17
33
61
116
41

128
206
149
21
119
43
29
92
350
90

63
163
129
21
70
27
26
49
151
58

33
71
39
9
21
11
8
28
77
26

9.16
4.80
14.21
6.69
10.16
5.35
7.17
6.95
6.00
5.54

8.27
7.83
7.81
5.22
7.84
9.76
7.02
9.46
7.92
7.58

8.73
7.93
14.94
6.75
13.86
7.38
7.11
11.81
9.50
9.82

.14
.31
.18
.03
.11
.05
.03
.10
.29
.09

212
698
194
78
157
100
62
161
594
220

464
1,058
640
138
377
157
115
290
1,003
339

569
1,259
749
145
422
197
138
357
1,196
401

724
1,587
879
182
540
257
169
460
1,513
497

790
1,714
934
198
582
289
182
519
1,645
530

886
1,875
1,031
203
633
336
196
562
1,794
575

944
2,082
1,181
215
705
371
212
639
1,962
640

1,027
2,246
1,357
230
803
399
227
715
2,148
702

161
162
163
164
165
166
167
168
169
170

46
89
16

70
141
53

52
82
26

21
31
11

6.67
5.28
9.73

6.38
5.42
9.53

13.04
5.86
15.31

.09
.12
.04

194
340
55

344
536
124

349
559
146

415
656
193

440
711
208

464
774
229

565
858
269

638
908
310

171
172
173

1950-59

1959-69

1968-69

50
21
43

4.75
4.55
5.78
6.23
3.89
4.51
5.24
5.12
4.04
4.58

5.89
6.98
7.30
7.35
3.79
6.45
6.83
4.69
6.18
6.21

6.47
10.17
6.64
8.31
5.81
8.81
7.92
6.32
11.90
7.92

0.19
.08
.16
.12
.13
.07
.09
.08
.07
.36

156
8,419
3,159

78
4,489

6.31
5.87
4.94

5.95
6.49
6.74

10.05
8.51
8.58

99
38
156
45
131
63
691
125
1,042
279

43
17
90
23
102
32
380
47
545
160

24
8
47
12
31
14
207
20
303
73

6.88
7.90
6.27
5.06
4.20
4.49
7.06
7.72
6.80
6.40

5.96
7.73
5.17
6.73
5.22
5.61
6.94
5.55
7.57
6.62

32
60
34
43
33
579
37
48
133
2,332
6,053

59
62
71
80
46
1,437
119
68
177
4,788
4,136

19
41
27
46
33
734
50
39
113
2,540
2,681

11
14
12
18
12
370
21
18
55
673

7.41
3.45
4.42
6.10
4.12
5.76
7.45
6.55
8.06
6.32
2.76

7
15
239
26
51
8
112
23
43
60

20
38
324
55
61
26
158
56
57
111

27
55
672
93
145
53
321
92
93
165

19
40
315
57
66
32
220
61
75
86

8
17
206
26
36
10
92
28
30
64

792
745
653
414
542
1,059
255
195
202
1,713

47
28
16
21
9
47
13
14
6
92

85
68
34
46
30
127
33
25
25
169

145
99
95
78
64
490
45
24
50
270

84
65
50
47
29
235
53
27
28
142

720
565
503
1,426
556
912
210
288
464
777

34
41
16
57
26
54
10
29
23
37

64
61
46
102
74
91
29
43
71
73

109
96
67
195
101
156
44
66
68
144

2,309
319
495
1,827
3,453
722
215
439
1,420
2,566

137
18
16
83
158
33
11
16
69
132

221
29
49
203
354
83
30
50
154
259

796
1,819
908
160
563
319
142
541
1,535
487

35
49
33
9
21
14
7
22
81
21

482
610
225

23
30
5




101

28
34
20
24
22
18
98

1,044

1,270

1950

'

SUKVEY OF CUBRENT BUSINESS

24

May 1971
Table 1.—Personal Income, by SMSA's and

Total personal income, where earned
Millions of dollars
Line
1929

178
179
180

Southeast:
Tampa-St Petersburg Fla
Tuscaloosa Ala
West Palm Beach, Fla
Wheeling W Va -Ohio
Wilmington N C
Sum of SMSA's
Non-SMSA Area
...

181
182
183
184
185
186
187
188
189
190

Southwest:
Abilene, Tex
Albuquerque N Mex
Amarillo Tex
Austin Tex
- .
Beaumont-Port Arthur-Orange, Tex
Brownsville-Harling en-San B enito, Tex
Bryan-College Station Tex
Corpus Christi Tex
Dallas Tex
-El Paso Tex

174
175
176
177

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

201
202
203
204
205
206
207
208
209
210
211
212

-- -

--

Fort Worth Tex
Galveston-Texas City, Tex.
Houston, Tex
Laredo T e x
Lawton Okla
Lubbock, Tex
McAllen-Pharr-Edinburg, Tex
Midland, Tex
..
Odessa, Tex
_
.
Oklahoma City Okla

191
192
193
194
195
196
197
198
199
200

- -

-

-

--- -

---

-

-- --

--

--

_

..

- _

-

-

..
.

-

... . _ ..

- - .--

.-

. . .
-

--

1950

1959

1962

1965

1966

1967

1968

1969

126
20
45
138
32
4,849
4,999

522
80
161
257
89
17,094
16,714

1,440
163
452
356
132
32, 640
25,903

1,714
176
562
368
155
37,792
30,466

2,079
200
727
422
198
47,553
38, 172

2,239
214
803
454
215
52,091
42,048

2,489
230
879
485
234
56,785
45,372

2,836
260
1,045
526
272
63 102
50,074

3,227
283
1,208
571
308
69,779
54,706

26
25
51
44
95
28
6
35
386
80

116
217
175
198
348
115
35
270
1, 430
289

230
581
328
377
642
180
64
447
2,741
557

269
653
387
441
716
181
76
519
3,157
604

284
773
432
558
828
244
101
634
3,945
665

300
813
514
604
914
262
111
676
4,321
790

326
860
519
706
998
254
121
729
4,849
847

351
919
511
825
1,066
283
135
779
5,542
961

372
986
499
931
1,157
303
152
842
6,250
1,027

162
51
373
14
15
19
22
8
3
218

644
180
1,726
42
78
159
119
64
68
591

1,238
279
3, 251
71
171
307
177
168
198
1,063

1,328
321
3,713
78
196
360
198
205
205
1,269

1,675
381
4,705
99
236
446
240
230
240
1,565

1,845
410
5,136
111
283
476
263
240
255
1,693

2,105
464
5,764
128
349
497
266
250
268
1,837

2,384
507
6,468
146
384
535
302
269
284
2,032

2,609
521
7,165
160
389
558
323
296
317
2,214

95
22
190
27
31
35
217
21
54
51
2,404
1,853

455
84
697
84
93
181
525
95
163
196
9,435
5,414

1,276
112
1,175
126
132
515
1,007
155
269
247
18,083
8,287

1,710
141
1,364
144
163
664
1,063
187
307
315
20,934
9,454

2,128
166
1,692
178
213
712
1,290
225
366
321
25,575
10,987

2,368
179
1,945
193
237
792
1,409
244
381
387
28,153
11,755

2,574
194
2,075
207
281
879
1,535
262
406
399
30,952
12,365

2,921
216
2,364
241
329
977
1,705
295
459
449
34,638
13, 610

3,333
229
2,612
273
353
1,125
1,834
326
479
494
38,130
14,784

22
27
21
38
354
34
32
17
39
148
733
891

91
101
92
112
1,107
97
116
84
118
486
2,404
2,687

182
194
130
299
2,276
165
218
166
217
933
4,781
3,936

194
227
153
381
2,825
198
254
183
257
1,170
5,840
4,569

218
256
173
473
3,222
226
310
219
286
1,338
6,720
5,105

226
273
174
518
3,505
240
353
230
300
1,411
7,230
5,374

250
292
191
613
3,831
245
369
246
311
1,496
7,845
5,670

269
317
195
697
4,233
262
383
291
339
1,626
8,614
5,997

282
358
205
765
4,705
280
399
320
366
1,782
9,462
6,586

213
214
215
216
217
218
219
220
221
222
223
224

Rocky Mountain:
Billings, Mont
Boise City, Idaho
Cheyenne Wyo
Colorado Springs, Colo
-.
Denver Colo
Great Falls Mont
Ogen Utah
..........
Provo-Orem, Utah
-------Pueblo Colo
Salt Lake City, Utah
. . .
S u m o f SMSA's
_ _ _ _ _ _ _ _ _ _ _ _
Non-SMSA Area
- -

225
226
227
228
229
230
231
232
233
234

Far West.
Anaheim-Santa Ana-Garden Grove, Calif
Bakersfield, Calif
Eugene Oreg
Fresno, Calif
.. Las Vegas Nev
Los Angeles-Long Beach, Calif
Modesto, Calif .. ... _.
Oxnard -Ventura, Calif
Portland, Oreg.-Wash
Reno Nev

86
53
27
87
6
2,279
37
46
387
28

348
360
204
429
97
8,178
186
185
1,213
116

1,415
648
351
780
336
17, 536
329
454
1,923
257

2,077
721
380
880
590
20, 393
400
542
2,241
312

2,882
937
481
1,079
658
24, 642
477
754
2,767
412

3,115
980
496
1,142
695
26, 688
519
819
3,014
411

3,532
1,041
521
1,211
766
28, 785
567
880
3,253
428

3,919
1,151
572
1,336
880
31, 160
618
979
3,585
461

4,397
1,202
618
1,419
1,035
33, 885
680
1,085
3,944
526

235
236
237
238
239
240
241
242
243
244

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
Santa Rosa Calif
Seattle-Everett, Wash

150
41
49
137
164
1,678
113
76
40
509

627
177
244
641
942
4,542
461
201
155
1,577

1,470
262
514
1,700
2,329
7,760
1,561
442
308
2,956

1,877
318
607
1,987
2,765
9,273
2,099
620
349
3,515

2,254
403
690
2,493
3,258
11, 450
2,692
688
446
3,919

2,353
433
836
2,649
3,681
12,384
3,023
740
478
4,593

2,471
472
835
2,869
4,017
13,371
3,352
795
514
5,193

2,675
511
979
3,159
4,519
14, 467
3,747
843
557
5,821

2,860
557
1,045
3,492
5,012
15, 710
4,155
924
629
6,274

119
76
120
35
6,344
1,058

352
343
459
252
22,288
4,273

601
569
653
437
45,590
6,473

660
672
769
534
54,581
7,401

746
807
867
665
66,466
8,766

815
870
975
719
72,428
9,415

870
937
1,103
796
78,579
9,998

952
1,018
1,273
862
86,044
10,871

1,041
1,091
1,409
929
93,919
11, 686

340
1,083
1,423
477

396
1,404
1,800
573

513
1,705
2,218
706

549
1,876
2,425
752

631
2,052
2,684
787

710
2,279
2,989
893

772
2,622
3,394
967

245
246
247
248
249
250

Spokane Wash
Stockton Calif
Tacoma, Wash
Vallejo-Napa, Calif
Sum of SMSA's
Non-SMSA Area

251
252
253
254

Alaska and Hawaii:
Anchorage, Alaska
Honolulu, Hawaii
Sum of SMSA's
Non-SMSA Area

See footnotes on page 19.




...

__

_.

. -

May

SURVEY OF CURRENT BUSINESS

1971

25

non-SMSA's, for Selected Years, 1929-69
Personal income by major type of payment, where earned, 1969
Millions of dollars

Total personal income, where earned

Total personal income, where received

Average annual rates of
growth

Less:
personal
Property Transfer contribuincome payments tions for
social
insurance

Total
wages
and
salaries

Other
labor
income

Proprietors'
income

1,889
204
706
381
216
49, 519
34,575

85
10
33
27
10
2,391
1,608

245
23
156
47
33
4,981
7,650

648
25
218
74
35
9,523
6,432

447
31
127
62
26
5,727
6,152

221
717
308
633
787
177
97
543
4,676
784

8
27
14
21
95
7
3
30
254
27

57
54
65
59
85
53
13
92
416
67

65
134
89
180
144
43
29
138
781
106

1,915
333
5,237
104
299
337
178
181
208
1,583

125
27
322
3
4
13
7
7
10
71

181
43
486
20
16
89
60
39
32
184

2,315
135
1,893
181
240
739
1,255
205
308
319
26,907
8,210

115
5
58
8
8
29
74
13
14
8
1,406
368

177
248
135
563
3,414
185
287
218
244
1,312
6,783
3,781

Millions of dollars
Percent
of U.S.,
1969

Line
1950

1959

1962

1965

1966

1967

1968

1969

0.43
.04
.16
.08
.04
9.37
7.35

522
80
161
258
89
17,008
16,827

1,442
162
447
361
132
32,253
26,266

1,716
175
556
373
155
37,336
30,886

2,081
198
720
428
198
46,957
38,761

2,241
213
795
460
216
51,416
42,704

2,490
229
869
491
234
56,050
46, 077

2,837
258
1,033
533
273
62,298
50,863

3,228
281
1,195
579
310
68,873
55,579

174
175
176
177
178
179
180

5.98
7.33
-2.41
12.82
8.54
6.92
12.69
8.07
12.77
6.84

.05
.13
.07
.13
.16
.04
.02
.11
.84
.14

116
215
176
197
344
115
35
270
1,420
290

231
574
331
372
629
179
63
448
2,707
560

270
646
390
436
700
180
75
520
3,116
609

285
765
435
551
810
243
101
635
3,893
670

301
803
517
596
893
261
110
676
4,262
796

327
850
523
697
976
253
121
730
4,780
853

352
908
515
814
1,042
282
134
779
5,462
967

374
975
504
919
1,131
302
152
843
6,156
1,034

181
182
183
184
185
186
187
188
189
190

7.74
6.44
8.22
8.45
8.60
6.15
6.20
5.83
4.81
7.61

9.44
2.76
10.77
9.44
1.42
4.40
7.11
9.91
11.61
9.00

.35
.07
.96
.02
.05
.07
.04
.04
.04
.30

647
180
1,722
42
78
159
119
64
76
587

1,248
280
3,237
71
169
308
177
168
189
1,049

1,339
322
3,698
78
195
362
199
206
211
1,252

1,692
382
4,685
99
234
447
240
232
248
1,543

1,863
411
5,112
111
280
478
264
241
263
1,669

2,126
465
5,735
128
347
498
267
251
277
1,810

2,407
508
6,435
146
381
536
302
270
290
2,002

2,634
522
7,127
161
387
561
324
297
324
2,181

191
192
193
194
195
196
197
198
199
200

12.14
3.15
5.97
4.70
4.00
12.33
7.51
5.58
5.75
2.62
7.50
4.84

10.08
7.44
8.32
8.02
10.33
8.13
6.18
7.74
5.95
7.17
7.75
5.96

14.10
5.96
10.51
13.23
7.47
15.13
7.58
10.56
4.31
10.17
10.08
8.62

.45
.03
.35
.04
.05
.15
.25
.04
.06
.07
5.12
1.99

454
85
694
83
92
181
519
95
162
195
9,414
5,427

1,274
112
1,166
125
130
516
984
153
267
245
17,980
8,319

1,707
142
1,353
143
161
666
1,039
186
305
312
20,830
9,488

2,125
167
1,679
176
210
714
1,260
224
364
318
25,444
11,034

2,364
180
1,929
192
234
794
1,375
242
379
384
27,996
11,804

2,570
195
2,058
205
277
880
1,498
261
404
396
30,771
12,420

2,915
217
2,343
240
324
979
1,664
293
456
445
34,426
13,667

3,326
230
2,589
272
349
1,128
1,789
324
476
491
37,880
14,842

201
202
203
204
205
206
207
208
209
210
211
212

11
15
6
17
171
9
16
12
13
72
343
216

8.08
7.52
3.89
11.55
8.34
6.08
7.25
7.80
7.00
7.52
7.94
4.33

4.46
6.29
4.64
9.86
7.53
5.43
6.22
6.82
5.34
6.68
7.07
5.28

4.78
12.74
5.07
9.75
11.15
6.93
4.18
9.86
7.69
9.54
9.84
9.82

.04
.05
.03
.10
.63
.04
.05
.04
.05
.24
1.27
.88

91
102
92
112
1,105
97
120
85
117
483
2,404
2,692

184
197
129
298
2,269
166
221
169
214
920
4,771
3,953

195
230
152
380
2,817
199
272
186
253
1,153
5,841
4,581

220
260
172
472
3,213
227
294
223
282
1,319
6,686
5,126

228
277
173
517
3,495
241
320
234
296
1, 390
7,174
5,397

252
297
190
612
3,819
246
342
251
307
1,474
7,791
5,695

272
322
194
696
4,219
263
366
297
334
1,602
8,568
6,025

285
364
204
764
4,688
282
393
327
360
1,754
9,420
6,614

213
214
215
216
217
218
219
220
221
222
223
224

415
140
62
182
64
2,920
91
122
337
38

166
46
23
51
31
1,314
24
38
146
18

16.87
6.73
6.22
6.87
14.83
8.85
6.50
10.52
5.26
9.28

12.01
6.38
5.81
6.16
11.90
6.81
7.54
9.11
7.45
7.45

12.19
4.42
7.97
6.19
17.52
8.74
10.00
10.80
10.01
14.27

.59
.16
.08
.19
.14
4.55
.09
.15
.53
.07

345
356
204
429
95
8,122
187
185
1,211
116

1,793
633
351
779
335
17, 300
330
456
1,919
257

2,416
704
380
879
588
20, 113
402
545
2,236
312

3,427
915
481
1,078
736
24, 299
480
759
2,761
413

3,853
957
496
1,141
781
26, 301
522
824
3,007
412

4,277
1,016
520
1,209
838
28, 360
570
884
3,245
429

4,760
1,124
572
1,334
960
30, 697
622
984
3,575
462

5,563
1,174
618
1,416
1,110
33, 369
685
1,091
3,932
528

225
226
227
228
229
230
231
232
233
234

300
80
140
426
620
2,574
537
159
110
795

358
64
81
491
464
1,354
339
96
97
440

123
19
28
132
165
594
160
32
22
230

9.94
4.41
8.65
11.45
10.59
6.13
14.51
9.16
7.92
7.23

6.88
7.85
7.35
7.47
7.97
7.31
10.28
7.65
7.41
7.82

6.93
9.08
6.82
10.52
10.92
8.59
10.87
9.61
12.90
7.79

.38
.07
.14
.47
.67
2.11
.56
.12
.08
.84

625
179
243
643
939
4,526
462
199
157
1,570

1,461
265
511
1,716
2,318
7,713
1,571
432
317
2,931

1,865
322
604
2,007
2,752
9,215
2,114
606
359
3,485

2,239
409
686
2,521
3,243
11, 378
2,711
671
461
3,884

2,337
440
830
2,678
3,662
12, 301
3,044
721
494
4,550

2,454
479
829
2,899
3,995
13, 279
3,376
775
530
5,143

2,656
518
972
3,192
4,494
14, 365
3,774
822
575
5,764

2,840
566
1,039
3,527
4,983
15, 593
4,184
901
649
6,211

235
236
237
238
239
240
241
242
243
244

106
138
97
53
7,422
1,744

169
171
145
157
12, 880
1,677

107
135
123
100
8,621
1,398

34
40
41
34
3,512
393

6.12
5.80
3.98
6.31
8.28
4.72

5.64
6. 72
8.00
7.83
7.49
6.09

9.35
7.12
10.73
7.83
9.15
7.50

.14
.15
.19
.12
12.62
1.57

352
343
460
252
22, 199
4,279

600
570
656
438
45, 664
6,491

658
674
773
534
54, 553
7,415

744
809
872
666
66, 655
8,705

813
872
981
720
72, 748
9,345

867
939
1,109
797
78,833
9,941

949
1,020
1,279
862
86,343
10,807

1,038
1,093
1,417
930
94,456
11, 625

245
246
247
248
249
250

43
138
182
78

41
365
407
81

27
152
179
70

25
91
117
33

8.55
9.24
9.08
7.32

8.72
15.05
13.55
8.33

.10
.35
.46
.13

342
1,082
1,424
478

398
1,403
1,802
574

517
1,704
2,221
708

553
1,874
2,427
753

636
2,050
2,686
788

716
2,276
2,992
894

779
2,618
3,397
970

251
252
253
254

1950-59

1959-69

1968-69

86
11
32

20
11
2,362
1,711

11.95
8.23
12.12
3.71
4.57
7.45
4.99

8.40
5.69
10.34
4.83
8.83
7.89
7.76

13.80
8.90
15.70
8.53
13.31
10.58
9.25

32
86
40
68
85
33
14
65
358
75

11
32
17
30
40
9
5
26
235
31

7.94
11.58
7.23
7.42
7.05
5.10
6.80
5.76
7.50
7.54

4.93
5.44
4.28
9.46
6.06
5.35
9.05
6.52
8.59
6.32

305
93
970
21
57
97
49
65
60
275

179
43
415
18
18
40
39
13
18
191

97
17
266
5
6
17
10
10
11
90

7.52
5.02
7.29
6.10
9.10
7.62
4.51
11.32
12.53
6.75

295
28
168
22
26
73
147
29
44
51
2,993
2,620

442
46
360
45
59
207
288
61
84
93
5,389
2,285

275
21
214
26
34
111
141
29
46
34
2,761
1,711

109
6
80
9
13
34
71
11
16
12
1,326
411

11
11
5
13
146
8
9
15
14
63
295
169

32
34
17
45
313
27
23
24
22
123
662
1,227

49
49
36
111
647
48
59
48
53
219
1,319
953

23
30
18
50
356
22
38
28
44
137
746
672

3,141
771
421
823
797
23, 871
395
686
2,706
390

161
31
19
34
27
1,325
16
29
151
14

298
176
57
255
55
2,543
89
110
350
42

548
131
82
176
124
4,540
111
177
547
60

2,031
348
680
2,263
3,652
10, 730
3,029
588
370
4,536

68
14
17
100
125
568
149
21
13
281

227
68
155
343
315
1,079
261
92
60
453

664
661
1,050
635
65,236
6,997

30
27
35
17
3,272
264

664
1,984
2,648
744

21
74
95
28




SURVEY OF CURRENT BUSINESS

26

May 1971

Table 2.—Per Capita Personal Income and Earnings by Broad Industrial
Per capita personal income, where received
Dollars

Percent of the national average

§
3

1

2
3

Total United States 1
Sum of all SMS A Counties
Sum of all non-SMSA Areas

...

4
5
6
7
8
9
10
11
12
13

New England:
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, ConnNew 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, M ass
Sum of SMS A's
..- Non-SMSA Area .

20
21
22
23
24
25
26
27
28
29

Mideast:
Albany-Sob. enectady-Troy, N.Y
Allentown-Bethlehem-Easton, Pa.-N.J
Altoona, Pa
Atlantic City, NJ . _.
. . .
Baltimore, Md
.
.
Binghamton, N.Y.-Pa
Buffalo, N.Y
.
Erie, Pa
.
.
Harrisburg, Pa
_._
Jersey City NJ

....._.

..

-..
...

. . _..

Johnstown, Pa
. .
- . . - . - . - . .
Lancaster Pa
New York, N.Y
Newark, N.J
_
. . ..
Paterson-Clifton-Passaic, NJ
- - .
Philadelphia, Pa.-NJ.
Pittsburgh, Pa
Reading, Pa
. . _.
Rochester, N.Y . . .
Scranton Pa

30
31
32
33
34
35
36
37
38
39

Syracuse, N.Y
-----Trenton, NJ
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
.
Su m of S MSA's ..
.
Non-SMSA area. _

40
41
42
43
44
45
46
47
48
49

Great Lakes:
Akron, Ohio
Anderson, Ind ... - . . .
Ann Arbor, Mich
Appleton-Oshkosh, Wis
Bay City, Mich
Bloomington-Normal, 111.. .
Canton, Ohio
Champaign-Urbana, 111. _ . . Chicago, 111
Cincinnati, Ohio-Ky.-Ind
._

50
51
52
53
54
55
56
57
58
59

... _ _ .

60
61
62
63
63
65
66
67
68
69

Cleveland, Ohio
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

70
71
72
73
74
75
76
77
78
79

Grand Rapids, Mich
Greenbay, Wis
Hamilton-Middletown, Ohio
Indianapolis, Ind
Jackson, Mich
_
Kalamazoo, Mich. _ _ _
Kenosha, Wis
La Crosse, Wis
Lafayette-West Lafayette, Ind
Lansing, Mich.

80
81
82
83
84

Lima, Ohio
Lorain-Elyria, Ohio
Madison, Wis
Mansfield, Ohio
Milwaukee, Wis

See footnotes on page 19.




.

-

...

.

_ . .

.
_._

_

1929

1950

1959

1962

1965

1966

1967

1968

1969

705
926
400

1,496
1,736
1,085

2,161
2,437
1,596

2,369
2,643
1,791

2,760
3,055
2,125

2,963
3,266
2,304

3,160
3,483
2,449

3,433
3,787
2,652

3,688
4,054
2,871

100
131
57

100
113
74

100
112
76

100
111
77

100
110
78

996
1,090
678
692
1,118
633
803
977
744
783

1,654
1,832
1,149
1,531
2,043
1,350
1,580
1,832
1,387
1,624

2,492
2,697
1,861
2,043
2,787
1,926
2,298
2,626
2,133
2,254

2,800
3,139
2,095
2,283
3,073
1,998
2,564
2,889
2,226
2,676

3,171
3,427
2,356
2,608
3,492
2,169
2,767
3,326
2,602
2,894

3,380
3,723
2,741
2,798
3,791
2,436
3,021
3,543
2,775
3,130

3,650
4,082
3,026
2,998
4,119
2,578
3,303
3,743
2,879
3,360

3,966
4,441
3,436
3,217
4,401
2,873
3,519
3,922
3,079
3,583

4,281
4,799
3,690
3,476
4,755
3,064
3,832
4,306
3,319
3,817

141
155
96
98
159
90
114
139
106
111

115
125
86
95
129
89
106
122
99
104

118
133
88
96
130
84
108
122
94
113

115
124
85
94
127
79
100
121
94
105

116
130
100
94
129
83
104
117
90
103

833
867
792
765
927
625

1,291 2,130
1,661 2,177
2,260
1,673
1,627
2,209
1,678
2,426
1,270 -1,898

2,262
2,440
2,442
2,439
2,709
2,110

2,531
2,801
2,772
2,799
3,067
2,426

2,706
3,023
2,968
2,992
3,293
2,599

2,966
3,262
3,140
3,113
3,542
2,793

3,280
3,508
3,367
3,364
3,822
2,987

3,564
3,794
3,591
3,619
4,130
3,211

118
123
112
109
131
89

99
101
105
102
112
88

95
103
103
103
114
89

92
101
100
101
111
88

97
103
97
98
112
87

980
793
625
852
914
680
983
749
768
860

1,617
1,668
1,289
1,429
1,692
1,369
1,755
1,676
1,596
1,701

2,272
2,248
1,800
1,922
2,292
2,190
2,451
2,026
2,208
2,654

2,485
2,536
1,906
2,214
2,541
2,399
2,429
2,267
2,319
2,963

2,896
2,941
2,257
2,471
2,862
2,738
2,935
2,731
2,674
3,250

3,074
3,093
2,369
2,627
3,052
2,930
3,088
2,952
2,871
3,459

3,304
3,277
2,519
2,865
3,280
3,104
3,273
3,126
3,115
3,704

3,514
3,525
2,783
3,153
3,572
3,326
3,522
3,293
3,383
4,048

3,831
3,780
3,063
3,375
3,856
3,616
3,822
3,523
3,710
4,278

139
112
89
121
130
96
139
106
109
122

105
104
83
89
106
101
113
94
102
123

105
107
80
93
107
101
103
96
98
125

105
107
82
90
104
99
106
99
97
118

104
102
83
92
105
98
104
96
101
116

566
664
1,376
1,078
828
961
883
772
949
625

1,174
1,594
2,095
1,882
2,067
1,730
1,669
1,617
1,717
1,239

1,564
2,194
2,959
2,782
3,020
2,494
2,383
2,221
2,606
1,809

1,706
2,385
3,304
3,115
3,367
2,697
2,505
2,359
2,756
2,033

2,049
2,761
3,766
3,614
3,842
3,034
2,919
2,862
3,230
2,315

2,185
2,930
3,991
3,837
4,075
3,264
3,110
3,015
3,475
2,464

2,296
3,060
4,325
4,133
4,409
3,513
3,298
3,240
3,700
2,730

2,474
3,239
4,702
4,478
4,792
3,775
3,566
3,511
3,917
2,896

2,700
3,509
5,055
4,755
5,155
4,028
3,807
3,765
4,295
3,121

80
94
195
153
117
136
125
110
135
89

72
102
137
129
140
115
110
103
121
84

72
101
139
131
142
114
106
100
116
86

74
100
136
131
139
110
106
104
117
84

73
95
137
129
140
109
103
102
116
85

870
868
756
636
1,101
640
1,101
623
1,056
606

1,546
1,871
1,448
1,509
2,018
1,252
2,132
1,568
1,847
1,351

2,177
2,645
2,110
2,173
2,629
1,750
2,851
2,128
2,617
1,961

2,408
2,847
2,254
2,433
2,969
1,916
3,088
2,258
2,877
2,134

2,727
3,209
2,534
2,625
3,391
2,205
3,588
2,617
3,294
2,465

2,940
3,448
2,743
2,869
3,559
2,377
3,828
2,789
3,502
2,654

3,121
3,705
2,945
3,006
3,756
2,615
3,941
3,002
3,762
2,834

3,294
3,978
3,220
3,285
4,110
2,813
4,131
3,286
4,071
3,042

3,543
4,250
3,511
3,537
4,359
3,047
4,467
3,610
4,374
3,325

123
123
107
90
156
91
156
88
150
86

101
122
98
101
122
81
132
98
121
91

102
120
95
103
125
81
130
95
121
90

99
116
92
95
123
80
130
95
119
89

96
115
95
96
118
83
121
98
119
90

791
603
767
691
570
646
829
680
1,232
1,019

1,696
1,679
1,660
1,503
1,432
1,473
1,623
1,535
2,073
1,695

2,390
2,334
2,514
2,164
2,003
2,139
2,206
2,108
2,889
2,452

2,531
2,587
2,732
2,345
2,183
2,563
2,334
2,316
3,127
2,526

2,891
3,034
3,509
2,756
2,741
2,902
2,759
2,998
3,554
2,874

3,075
3,237
3,716
2,984
2,920
3,020
2,954
3,114
3,821
3,121

3,213
3,364
3,878
3,112
3,047
3,314
3,063
3,337
4,050
3,329

3,534
3,601
4,263
3,313
3,288
3,422
3,295
3,355
4,345
3,659

3,794
3,845
4,619
3,521
3,526
3,674
3,585
3,671
4,678
3,925

112
86
109
98
81
92
118
96
175
145

111
108
116
100
93
99
102
98
134
113

107
109
115
99
92
108
99
98
132
107

105
110
127
100
99
105
100
109
129
104

103
104
125
95
96
100
97
100
127
106

1,044
865
790
778
748
1,034
612
716
849
791

1,957
1,639
1,794
1,753
1,640
2,011
1,451
1,710
1,797
1,732

2,660
2,328
2,483
2,379
2,370
2,549
1,935
2,410
2,339
2,387

2,809
2,466
2,604
2,543
2,458
2,760
2,108
2,705
2,646
2,522

3,371
2,757
3,093
3,023
3,148
3,545
2,714
3,437
3,167
3,011

3,541
2,944
3,293
3,264
3,452
3,764
2,912
3,470
3,449
3,156

3,723
3,119
3,437
3,445
3,678
3,926
3,108
3,523
3,570
3,236

4,100
3,488
3,531
3,701
3,984
4,315
3,281
3,855
3,794
3,463

4,393
3,704
3,680
4,104
4,336
4,677
3,573
4,129
4,107
3,778

148
123
112
110
106
147
87
102
120
112

123
108
115
110
110
118
90
112
108
110

119
104
110
107
104
117
89
114
112
106

122
100
112
110
114
128
98
125
115
109

119
100
100
111
118
127
97
112
111
102

812
665
703
856
772
921
852
685
628
677

1,722
1,457
1,650
1,838
1,606
1,688
1,786
1,463
1,434
1,487

2,222
2,036
2,240
2,453
2,240
2,239
2,812
2,095
2,151
2,218

2,368
2,187
2,304
2,714
2,341
2,500
2,950
2,214
2,406
2,376

2,797
2,449
2,712
3,170
2,932
2,901
3,047
2,673
3,006
2,928

3,056
2,642
2,896
3,409
3,281
3,122
2,930
2,848
3,145
3,089

3,225
2,871
3,095
3,549
3,400
3,327
2,886
3,001
3,252
3,236

3,463
3,108
3,170
3,797
3,630
3,569
2,996
3,179
3,354
3,559

3,723
3,228
3,397
4,054
3,979
3,821
3,255
3,402
3,649
3,826

115
94
100
121
110
131
121
97
89
96

103
94
104
114
104
104
130
97
100
103

100
92
97
115
99
106
125
93
102
100

101
89
98
115
106
105
110
97
109
106

101
88
92
110
108
104
88
92
99
104

583
679
804
697
1.035

1,469
1,647
1,599
1,707
1.950

1,937
2,113
2,315
2,383
2.676

2,256
2,236
2,551
2,482
2.844

2,596
2,691
2,817
2,888
3.261

2,938
2,831
3,029
3,057
3.498

3,014
2,966
3,202
3,188
3.700

3,381
3,274
3,462
3,446
3,920

3,622
3,516
3,614
3,710
4,215

83
96
114
99
147

90
98
107
110
124

95
94
108
105
120

94
98
102
105
118

98
95
98
101
114

1929

1959

1962

1965

1969

May 1971

SUEVEY OF CURRENT BUSINESS

27

Source, by SMSA's and Non-SMSA's, for Selected Years, 1929-69
Per capita personal income, where received— Con.
Rank in SMSA's

1929

1950

1959

Earnings by broad industrial source, where earned, 1969

Percent increase

1969

1929-69

Millions of dollars
Government
earnings

Contract
construction

TransporWholesale
tation,
communi- and retail
cations,
trade
and public
utilities

§

Finance,
insurance,
and real
estate

3

1959-69

Total
earnings •

523
438
718

171
166
180

599,050.0
461,571.5
137,478.5

19,445.0
4, 320. 6
15, 124. 4

101,303.0
73, 626. 5
27, 676. 5

174,267.0
137, 395. 8
36, 87 1!2

6,154.0
2, 813. 0
3,341.*0

36,773.0
29, 213. 7
7, 559. 3

41,625.0
34, 334. 1
7, 290. 9

98,363.0
78, 914. 1
19,448.9

31,234.0
27, 580. 2
3,653.8

88,203.0
72,423.7
15,779.3

2
3

4.7
.8
.3
1.3
1.8
.0
.7

767.9
177.4
29.1
48.9
213.8
14.0
61.7
174.5
30.4
22.8

806.2
109.6
16.1
53.8
131.7
6.9
52.4
185.6
28.1
16.5

2,208.2
403.0
44.5
156.3
474.2
38.8
106.7
383.8
81.7
56.6

899.6
108.3
12.8
28.9
387.3
6.9
33.4
(55)
()
16.0

2,557.3
523.1
49.5
133.8
418.5
29.3
84.0
398.7
76.0
76.6

4
6
6
7
8
9
10
11
12
13

Farm
earnings

Manufacturing

Mining

Services

i

18
8
122
116
5
144
65
21
98
80

77
32
209
125
10
171
107
33
161
87

36
15
179
147
10
171
72
23
125
85

24
4
86
141
6
200
59
22
158
67

430
440
544
502
425
484
477
441
446
487

172
178
198
170
171
159
167
164
156
169

12,418.6
2, 778. 3
288.6
1, 079. 5
3,398.2
211.9
687.7
2, 473. 1
686.1
436.3

28.3
2.8
4.5
7.8
18.8
6.2
3.5
9.6
10.3
2.1

1, 780. 9
231.5
32.7
135.1
316.4
19.5
56.0
273.4
168.9
38.5

3,326.2
1, 210. 5
98.6
504.6
1,426.9
89.4
288.4
937.8
274.9
204.7

53
41
72
89

181
74
64
86

126
110
82
99

113
71
106
101

428
438
453
473
446
514

167
174
159
164
170
169

546.1
2,218.7
1, 607. 2
1, 742. 9
30,573.2
5,440.2

6.0
2.6
11.9
12.6
127.1
182.3

75.0
298.5
272.9
200.7
3, 900. 1
1, 189. 1

134.2
818.9
581.2
789.0
10,685.2
1, 679. 8

.2
1.3
2.6
.9
19 8
12.9

38.4
134.7
91.1
95.6
1, 900. 4
366.9

43.4
124.5
79.7
92.5
1, 746. 9
247.9

119.1
374.4
239.2
236.6
4,923.2
765.8

42.4
123.8
81.6
69.1
1,924.2
174.4

85.5
333.0
242.2
241.5
5,248.9
785.2

14
15
16
17
18
19

20
71
151
48
31
120
19
93
87
43

90
70
182
152
60
168
45
63
99
56

78
86
191
173
74
105
46
150
100
20

60
74
201
151
57
102
62
125
81
25

391
477
490
396
422
532
389
470
483
497

169
168
170
176
168
165
156
174
168
161

2,226.5
1,710.5
333.5
442.6
6,710.0
890.2
4,216.7
752.4
1,306.2
2,259.0

11.4
17.0
4.5
6.5
26.4
14.2
24.4
16.0
19.0
.2

520.1
129.3
38.7
75.6
1,626.3
123.4
553.0
64.7
342.3
279.4

578.5
867.6
107.5
73.8
1,805.2
414.8
1,764.6
369.1
301.0
964.3

2.8
5.6
.4
.1
3.3
.9
2.8
.3
1.6

154.8
86.9
19.8
36.9
395.4
50.5
239.9
47.4
92.4
85.1

153.4
124.3
59.8
32.3
524.8
42.6
307.1
43.8
116.5
324.8

363.2
227.2
50.3
96.4
1,091.4
120.1
631.8
103.1
198.8
313.9

91.8
51.8
8.6
26.1
333.1
26.6
156.5
24.2
65.6
(6)

346.6
197.6
43.4
92.0
894.7
94.9
529.3
82.7
167.0
222.8

20
21
22
23
24
25
26
27
28
29

176
130
1
9
56
23
35
84
25
150

205
100
5
23
7
49
69
91
52
192

223
103
3
11
2
35
53
94
25
190

225
134
2
5
1
42
69
76
23
192

477
528
367
441
623
419
431
488
453
499

173
160
171
171
171
162
160
170
165
173

583.4
924.5
45,716.7
7, 132. 9
4,473.4
15, 574. 6
7,416.9
917.7
3, 130. 1
565.9

10.8
57.2
22.4
5.3
4.2
58.6
13.0
16.0
55.9
2.9

72.3
81.3
6,165.8
748.0
412.3
2,323.9
734.9
74.9
308.5
76.3

206.7
427.5
10,045.8
2,301.1
1,737.5
5,269.8
2,840.1
447.2
1,561.3
213.3

56.7
3.1
44.7
8.9
3.2
13.1
95.5
10.8
7.7
3.9

30.6
55.8
2,028.7
429.2
283.3
968.1
533.8
41.9
184.3
27.0

38.8
45.3
4, 194. 2
676.9
263.3
986.4
565.3
55.6
124.3
45.7

81.0
130.0
8,452.7
1, 137. 3
846.9
2, 576. 1
1,162.1
119.4
400.4
106.3

14.4
22.0
5, 190. 9
482.7
182.3
899.2
315.3
36.1
106.8
19.2

71.2
98.7
9,481.4
1, 239. 3
730.0
2,449.5
1, 150. 7
114.4
372.6
71.1

30
31
32
33
34
35
36
37
38
39

39
40
91
143
6
141
7
152

119
25
147
128
11
188
3
111

109
21
133
112
22
200
8
128

118
26
133
121
18
204
13
104

407
490
464
556
396
476
406
579
414
549

163
161
166
163
166
174
157
170
167
170

1,853.0
1,072.3
981.6
367.2
10,298.7
800.1
1,820.8
976.0
125,453.5
17,851.5

25.0
4.0
22.2
15.9
15.2
3.5
22.7
33.2
527.7
644i2

260.9
202.7
249.3
37.6
4,476.8
110.8
254.9
92.7
20,436.7
3, 580. 6

613.3
367.6
347.8
164.8
426.5
310.4
818.2
451.5
35, 886. 7
6, 036! 6

3.4

122.1
43.1
41.3
18.0
642.2
48.3
127.2
85.2
6, 919. 3
1,009.0

138.4
58.4
53.8
30.2
576.7
57.3
87.0
52.5
9, 779. 7
1, 058. 3

333.6
135.6
118.5
47.7
1,439.3
128.7
224.1
139.0
20,775.2
2,517.8

91.8
(«)
35.0
13.6
500.3
28.9
68.1
19.5
8,915.7
465.4

259.9
219.4
108.4
32.5
2,170.0
91.1
212.2
95.1
21,638.3
2,238.1

40
41
42
43
44
45
46
47
48
49

74
163
88
117
173
137
55
119
3
16

57
62
75
131
151
137
89
123
6
58

51
63
33
114
156
120
102
134
7
45

72
58
10
126
124
91
107
94
8
51

480
638
602
510
619
569
432
540
380
385

159
165
184
163
176
172
163
174
162
160

2, 137. 4
452.1
940.1
808.3
287.4
297.3
1,134.4
486.7
26,877.6
4,342.2

7.0
7.4
5.5
31.8
8.0
29.3
6.2
21.8
43.0
11.3

188.6
32.5
222.0
91.8
27.0
45.4
81.7
236.1
2,780.5
453.8

1,021.5
281.4
439.0
361.1
123.3
56.4
576.5
46.0
9,048.3
1,633.1

4.4
.5
61.8
3.7

132.7
17.0
43.0
56.7
17.4
(6)
68.8
29.9
1,827.3
287.3

155.6
13.4
28.8
39.4
19.5
23.4
64.0
17.8
2, 118. 1
355.2

319.5
49.5
85.1
111.7
50.5
43.8
162.9
62.9
5,126.9
759.5

59.6
10.3
(«)
27.9
5.6
46.8
36.6
10.1
1,648.0
222.9

244.6
39.4
96.0
84.2
35.0
36.7
131.5
60.7
4,191.7
610.9

50
51
52
53
54
55
56
57
58
59

12
42
75
82
94
15
158
107
49
73

15
84
42
46
83
12
146
53
41
48

19
65
40
55
57
29
166
48
62
52

17
84
90
33
20
9
109
31
32
75

421
428
466
528
580
452
584
577
484
478

165
159
148
173
183
183
185
171
176
158

7,669.6
2,928.7
1, 110. 0
3, 107. 6
457.3
16,669.9
717.9
1,796.3
1,038.0
2,168.8

12.3
16.0
36.7
25.8
9.2
11.9
13.8
10.4
9.9
14.3

519.3
516.8
136.0
583.7
46.3
1,693.9
63.3
140.8
63.9
132.7

3, 194. 0
843.1
437.2
1,388.7
184.7
7,682.0
276.4
1,059.3
449.7
1,157.2

21.4
9.4
2.5
3.5
.3
10.6
15.3
1.3
1.6
.4

589.9
222.7
75.1
167.5
30.8
962.8
57.1
77.9
80.5
234.7

506.4
197.9
67.2
115.5
51.7
897.5
44.8
60.9
75.9
152.6

1,352.2
508.2
185.3
387.8
60.8
2,486.2
120.2
244.0
179.0
239.8

368.4
197.0
43.4
83.9
16.8
690.2
27.3
34.5
56.6
50.4

1,098.1
412.4
124.4
346.4
55.9
2,216.8
99.2
165.6
120.1
185. b

60
61
62
63
64
65
66
67
68
69

58
129
113
46
83
30
47
118
146
123

51
144
80
31
96
61
43
140
150
134

93
148
89
44
88
90
9
139
117
97

80
172
149
38
48
64
167
148
95
61

458
485
483
474
515
415
382
497
581
565

168
159
152
165
178
171
116
162
170
172

1,670.9
418.9
627.0
3, 795. 6
466.7
649.0
311.6
228.9
341.6
1,234.7

23.1
13.4
3.3
53.5
7.8
5.0
5.9
6.1
9.6
24.0

139.5
28.7
77.7
478.8
48.6
80.9
42.7
34.4
85.6
252.5

694.9
150.5
306.5
1,320.8
213.2
308.9
152.6
67.1
106.1
500.7

1.1
.1
1.1
8.2
.5
.8
.0

116.1
30.6
50.3
260.6
24.4
48.5
19.3
5
()
21.3
79.7

99.8
41.3
22.1
273.9
47.3
24.9
12.1
18.8
14.4
38.0

312.8
87.8
77.8
682.9
69.7
87.6
36.4
42.4
44.5
156.7

60.1
10.7
22.9
261.2
11.2
18.1
5.6
5.1
0)
46.3

220.5
54.9
64.6
451.5
53.4
73.4
36.8
39.4
41.4
133.5

70
71
72
73
74
75
76
77
78
79

169
121
63
115
14

139
82
97
54
16

164
132
69
54
17

100
129
103
82
27

621
518
450
532
407

187
166
156
156
158

528.9
726.2
847.8
429.7
4,815.1

21.8
8.5
26.6
3.1
21.4

49.5
58.4
217.4
39.1
429.1

232.0
397.8
153.3
220.2
2,028.6

46.7
55.2
81.6
26.2
322.8

28.7
30.2
47.6
21.9
312.2

77.2
81.5
140.8
57.3
788.7

16.6
16.5
52.7
17.6
255.0

64.4
76.0
122.3
43.3
646.3

80
81
82
83
84




(55)
()

(6)

(5)

2.4
3.6
12.4
19.8
1.1
4.9
313.9
220.5
2.9
.7

5

()
(8)

(5)

(»)

2.7
.6

i.l
.9
1.0
1.7
.8
5.8

SUKVEY OF CURKENT BUSINESS

28

May 1971

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

85
86
87
88
89
90
91
92
93
94

Great Lakes:
Muncie, Ind
..
.. .
Muskegon-Muskegon Heights, Mich
Peoria, 111
..
. . ... .
Racine, Wis
Rockford 111
S agin aw, Mich
South Bend, Ind
..
Springfield 111
Springfield, Ohio
Steubenville-Weirton, Ohio-W.Va.

95
96
97
98
99

Terre Haute, Ind
Toledo, Ohio-Mich
Youngstown- Warren, Ohio
Sum of SMSA'S
Non-SMSA Area

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

.

.....

. .

. ..

Plains:
Cedar Rapids, Iowa
- ....
Columbia, Mo _
... . ...
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
._
..
Rochester, Minn_ .
Sioux City, lowa-Nebr
Sioux Falls, S. Dak
Springfield, Mo .
S t . Joseph, M o --.
St. Louis, Mo.-Ill
Topeka, Kans
Waterloo, Iowa
Wichita, Kans
..
Sum of SMSA's
Non-SMSA Area
Southeast:
Albany, Ga
Asheville, N.C ...
Atlanta, Ga
Augusta, Ga.-S.C
Baton Rouge, La
Biloxi-Gulfport, Miss
Birmingham, Ala .
Charleston, W. Va
Charleston S.C
Charlotte, N.C

Chattanooga, Tenn.-Ga

._ ...

.---

._.

_

. . . .
.

- . . . _ _ _ . . .

.

...

.
_ .

.
._

.

...

...

...

1950

1959

1962

1965

1966

1967

1968

1969

809
702
789
816
900
739
787
726
746
663

1,655
1,609
1,887
1,928
2,061
1,592
2,052
1,614
1,587
1,591

2,120
2,071
2,488
2,468
2,534
2,228
2,527
2,297
2,106
2,399

2,485
2,237
2,482
2,625
2,731
2,410
2,408
2,681
2,261
2,665

2,960
2,704
3,210
3,019
3,386
3,131
2,763
3,150
2,678
3,298

3,026
3,024
3,368
3,241
3,659
3,306
2,969
3,231
2,899
3,397

3,077
3,128
3,552
3,424
3,933
3,407
3,129
3,500
3,057
3,489

3,255
3,252
3,770
3,618
4,098
3,669
3,323
3,719
3,272
3,570

3,486
3,558
4,012
3,902
4,328
3,930
3,514
4,008
3,609
3,821

115
100
112
116
128
105
112
103
106
94

98
96
115
114
117
103
117
106
97
111

105
64
105
111
115
102
102
113
95
112

107
98
116
109
123
113
100
114
97
119

95
96
109
106
117
107
95
109
98
104

529
891
739
973
469

1,237
1,822
1,536
1,860
1,214

1,813
2,321
2,180
2,531
1,775

2,082
2,458
2,274
2,717
1,999

2,463
2,886
2,741
3,222
2,405

2,627
3,088
2,912
3,439
2,607

2,691
3,255
3,023
3,615
2,733

2,835
3,605
3,357
3,936
2,926

3,170
3,861
3,674
4,206
3,164

75
126
105
138
67

84
107
101
117
82

88
104
96
115
84

89
105
99
117
87

86
105
100
114
86

874
449
1,008
662
640
597
771
780
930
887

1,916
1,093
1,860
1,478
1,422
1,670
1,664
1,539
1,828
1,672

2,664
1,933
2,722
1,991
1,909
2,136
2,415
2,343
2,600
2,348

2,878
2,079
2,792
2,143
2,079
2,500
2,648
2,525
2,857
2,566

3,152
2,352
3,128
2,580
2,419
2,545
3,125
2,835
3,295
2,872

3,356
2,390
3,424
2,749
2,590
2,573
3,345
2,963
3,570
3,111

3,696
2,436
3,648
2,823
2,714
2,894
3,609
3,167
3,824
3,613

3,783
2,618
3,924
3,085
2,951
3,097
3,908
3,419
4,152
3,334

3,994
2,805
4,176
3,336
3,251
3,211
4,063
3,706
4,419
3,796

124
64
143
94
91
85
109
111
132
126

123
89
126
92
88
99
112
108
120
109

121
88
118
90
88
106
112
107
121
108

114
85
113
93
88
92
113
103
119
104

108
76
113
90
88
87
110
100
120
103

567
810
626
578
704
953
739
709
834
853
430

1,511
1,742
1,458
1,381
1,661
1,783
1,610
1,881
1,851
1,727
1,216

2,133
2,266
1,795
1,960
2,290
2,479
2,301
2,732
2,484
2,435
1,586

2,631
2,363
2,063
2,098
2,544
2,615
2,547
2,631
2,657
2,627
1,867

3,188
2,782
2,245
2,218
2,533
3,148
2,850
2,982
2,944
3,044
2,245

3,344
2,997
2,420
2,344
2,752
3,381
2,915
3,251
3,205
3,272
2,433

3,533
3,147
3,015
2,565
3,015
3,588
3,363
3,375
3,331
3,503
2,539

3,882
3,417
3,341
2,826
3,220
3,868
3,613
3,552
3,607
4,005
2,707

4,052
3,540
3,554
3,050
3,481
3,993
3,870
3,636
3,689
3,974
2,962

80
115
89
82
100
135
105
101
118
121
61

99
105
83
91
106
115
106
126
115
113
73

111
100
87
89
107
110
108
111
112
111
79

116
101
81
80
92
114
103
108
107
110
81

110
96
96
83
94
108
105
99
100
108
80

538
446
674
446
560
468
550
600
427
553

1,229
1,150
1,574
1,190
1,507
1,459
1,241
1,470
1,035
1,533

1,646
1,722
2,257
1,689
2,136
1,608
1,932
2,174
1,420
2,098

1,693
1, 865
2,474
2,050
2,133
1,861
2,052
2,263
1,688
2,337

2,144
2,270
2,917
2,580
2,452
2,181
2,423
2,627
1,971
2,835

2,340
2,443
3,110
2,879
2,600
2,469
2,559
2,890
2,163
3,093

2,339
2,567
3,281
2,966
2,856
2,462
2,716
3,094
2,453
3,297

2,610
2,775
3,546
3,260
3,145
2,869
2,916
3,237
2,668
3,601

2,851
3,025
3,993
3,537
3,273
3,256
3,204
3,436
2,853
3,821

76
63
96
63
79
66
78
85
61
78

76
80
104
78
99
74
89
101
66
97

71
79
104
87
90
79
87
96
71
99

78
82
106
93
89
79
88
95
71
103

77
82
108
96
89
88
87
93
77
104

1929

1959

1962

1965

1969

131
132
133
134
135
136
137
138
139
140

Columbia, S.C
Columbus, Ga.-Ala
. ..
.. ..
Durham, N.C .
.
Fayetteville, N.C
Fort Lauderdale-Hollywood, Fla
Fort Smith, Ark.-Okla
Gadsden, Ala
Gainesville, Fla .
Greensboro-Winston-Salem-High Point, N.C .

652
439
496
474
369
520
366
348
348
643

1,273
1,127
1,377
1,115
1,547
1,422
903
1,111
864
1,385

1,852
1,664
1,671
1,678
1,574
2,162
1,574
1,710
1,549
2,025

1,935
1,835
1,817
1,903
1,866
2,204
1,662
1,663
1,687
2,250

2,482
2,278
2,267
2,156
2,055
2,607
1,762
2,083
2,024
2,689

2,743
2,469
2,627
2,410
2,248
2,748
1,912
2,269
2,226
2,887

2,894
2,603
3,025
2,768
2,683
2,993
2,076
2,442
2,443
3,077

3,084
2,791
3,339
2,903
2,903
3,301
2,250
2,703
2,720
3,374

3,388
3,036
3,411
3,116
3,190
3,761
2,432
2,863
2,894
3,688

92
62
70
67
52
74
52
49
49
91

86
77
77
78
73
100
73
79
72
94

82
77
77
80
79
93
70
70
71
95

90
83
82
78
74
94
64
75
73
97

92
82
92
84
86
102
66
78
78
100

141
142
143
144
145
146
147
148
149
150

Greenville, S.C
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

372
491
253
752
462
487
290
389
783
643

1,168
1,147
715
1,408
1,244
1,331
1,093
1,359
1,220
1,249

1,651
1,843
1,764
2,103
1,793
1,828
1,671
2,015
1,945
1,927

1,934
1,964
1,847
2,219
1,949
1,986
1,823
1,852
2,308
2,040

2,361
2,432
2,366
2,582
2,267
2,307
2,091
2,246
2,715
2,548

2,672
2,612
2,495
2,758
2,480
2,478
2,105
2,414
2,962
2,745

2,721
2,764
2,541
2,922
2,547
2,661
2,266
2,693
3,191
2,869

2,940
2,920
2,753
3,225
2,832
2,870
2,454
2,930
3,421
3,163

3,183
3,196
2,998
3.559
3,033
3,108
2,737
3,066
3,624
3,339

53
70
36
107
66
69
41
55
111
91

76
85
82
97
83
85
77
93
90
89

82
83
78
94
82
84
77
78
97
86

86
88
86
94
82
84
76
81
98
92

86
87
81
97
82
84
74
83
98
91

151
152
153
154
155
156
157
158
159
160

Louisville, Ky.-Ind .
Lynchburg, Va . . .
Macon, Ga
Memphis, Tenn.-Ark
Miami, Fla _
Mobile, Ala
Monroe, La
Montgomery, Ala
Nashville, Tenn
New Orleans La

793
467
527
629
879
499
494
526
610
723

1,548
1,122
1,185
1,340
1,650
1,088
1,208
1, 193
1,308
1,519

2,218
1,730
1,679
1,766
2,303
1,679
1,649
1,662
1,974
2,126

2,381
2,045
1,820
1,947
2,342
1,729
1,803
1,801
2,174
2,272

2,853
2,432
2,243
2,369
2,790
2,190
2,068
2,175
2,598
2,702

3,046
2,577
2,426
2,570
2,952
2,361
2,313
2,265
2,825
2,910

3,225
2,691
2,719
2,738
3,241
2,413
2,474
2,471
3,007
3,098

3,564
2,998
2,911
3,025
3,583
2,621
2,685
2,709
3,301
3,331

3,812
3,298
3,190
3,269
4,054
2,867
2,814
2,935
3,567
3,574

112
66
75
89
125
71
70
75
87
103

103
80
78
82
107
78
76
77
91
98

101
86
77
82
99
73
76
76
92
96

103
88
81
86
101
79
75
79
94
98

103
89
86
89
110
78
76
80
97
97

161
162
163
164
165
166
167
168
169
170

Newport News-Hampton, Va. .
Norfolk-Portsmouth Va
Orlando, Fla
Owensboro, Ky .
Pensacola, F l a
.
Petersburg, Va . _ . _ ...
.
Pine Bluff Ark
Raleigh, N.C .
Richmond, Va
Roanoke, Va
.
.

606
612
568
421
495
391
376
464
830
585

1,370
1,566
1,350
1,372
1,182
1,189
818
1,177
1,671
1,651

2,078
1,837
2,073
1,992
1,914
1,625
1,444
1,758
2,261
2,146

2,318
1,992
2,109
1,944
1,921
1,918
1,623
1,973
2,546
2,383

2,703
2,421
2,298
2,381
2,361
2,356
1,998
2,346
3,081
2,920

2,900
2,607
2,395
2,587
2,516
2,661
2,091
2,554
3,266
3,032

3,216
2,781
2,597
2,622
2,739
3,091
2,254
2,660
3,502
3,272

3,343
3,071
2,908
2,775
3,010
3,303
2,497
2,937
3,786
3,541

3,548
3,322
3,207
2,926
3,306
3,515
2,663
3,194
4,051
3,861

86
87
81
60
70
55
53
66
118
83

96
85
96
92
89
75
67
81
105
99

98
84
89
82
81
81
69
83
107
101

98
88
83
86
86
85
72
85
112
106

96
90
87
79
90
95
72
87
110
105

171
172

Savannah, Ga
Shreveport, La _ .

626
581
395

1,278
1,559
1,043

1,865
1,936
1.734

1,777
1,940
1,881

2,160
2,279
2,253

2,335
2,484
2,290

2,567
2,656
2,457

3,058
2,884
2,810

3,366
3,086
3.055

89
82
56

86
90
80

75
82
79

78
83
82

91
84
83


173
Tallahassee. Fla. . .
http://fraser.stlouisfed.org/
See footnotes on p. 19.
Federal Reserve Bank of St. Louis

- _.

......

..
.

.
.
. . ..

.

.. . ..
. . ..

May 1971

SUEVEY OF CUEEENT BUSINESS

29

Source, by SMSA's and Non-SMSA's, for Selected Years, 1929-69—Continued
Per capita personal income, where received— Con.
Rank in SMSA's

1929

1950

1959

Earnings by broad industrial source, where earned, 1969

Percent increase

1969

Millions of dollars

1929-69

1959-69

Total
earnings «

Farm
earnings

Government
earnings

Manufacturing

TransporWholesale
tation,
communi- and retail
cations,
trade
and public
utilities

Line
Finance,
insurance,
and real
estate

Services

43.7
42.4
14.5
9.3

37.2
47.4
133.3
54.3
100.7
70.9
126.6
77.6
52.1
44.5

85
86
87
88
89
90
91
92
93
94

83.4
360.7
228.0
16,860.3
3,578.7

14.2
69.4
46.5
4,831.0
634.2

51.5
287.0
188.2
13,738.1
2,634.1

95
96
97
98
99

31.1
2.1
86.8
15.7
70.1
28.1
520.9
37.4
556.8
186.1

81.6
27.8
212.4
40.3
113.4
76.9
867.4
76.0
1, 321. 6
319.3

26.0
21.6
129.5
8.5
21.0
20.0
279.1
42.1
434.0
135.2

63.2
26.2
165.2
38.1
102.1
52.7
614.7
73.6
996.8
259.9

100
101
102
103
104
105
106
107
108
109

23.2
20.3
()
26.0
17.2
481.7
34.7
24.4
68.4
1,820.8
996.5

12.3
30.3
25.9
31.5
20.0
689.1
58.5
21.8
69.9
2,494.6
1,001. 1

39.2
71.4
62.3
79.2
49.1
1, 356. 5
76.1
60.4
208.7
5,139.4
2,996.7

(5)
15.9
17.2
17.8
10.9
398.5
33.5
13.5
61.3
1,693.1
514.9

89.8
49.6
41.8
60.2
32.4
1, 067. 5
67.0
46.1
184.8
4,001.6
2,094.0

110
111
112
113
114
115
116
117
118
119
120

.5
5.7
2.7
4.7
1.0
51.0
34.0
(5)
1.2

16.7
20.8
319.9
41.7
131. 8
17.8
129.0
47.5
51.7
135.9

9.7
20.9
560.9
30.7
42.3
19.3
191.5
83.6
43.4
177.3

39.6
61.5
1, ISO. 1
87.5
133.1
41.7
383.0
119.4
101.7
359.8

(6)
13.9
375.3
24.4
43.3
11.2
124.9
30.1
(5)
116.1

23.2
62.2
706.5
70.1
115.4
37.9
265. 5
94.3
83.8
203.9

121
122
123
124
125
126
127
128
129
130

.6
2.3
.6
.3
.1
2.6
4.9
.2
.6
3.1

55.7
59.0
28.0
35.5
20.2
223. 6
26.8
11.9
15.3
127.9

38.5
60.4
24.4
23.0
17.0
75.2
21.4
12.5
7.1
149.0

152.6
146.5
73.1
64.5
58.1
277.8
54.1
30.3
35.5
324.7

61.5
63.8
23.5
33.2
14.7
97.7
11.5
7.1
10.2
106.2

118.9
110.9
59.2
97.7
37.8
255.6
43.6
26.3
25.5
234.2

131
132
133
134
135
136
137
138
139
140

1.7
4.3

.1
10.4
20.2
52.3
14.5
.7
7.4

65.4
42.5
21.1
111.8
61.3
60.7
22.3
61.8
49.9
68.6

42.6
69.8
12.6
152.4
53.3
48.3
22.7
24.3
36.2
81.7

132.6
114.6
65.1
334.4
136.7
183.5
52.0
48.2
91.2
172.6

37.5
21.2
(5)
149.1
63.4
31.6
9.5
10.0
29.5
73.3

122.2
87.4
159.7
219.4
117.4
137.0
41.1
43.4
100.9
129.0

141
142
143
144
145
146
147
148
149
150

1,030.4
171.4
102.7
491.4
513.4
199.5
56.1
65.8
436.1
477.7

5.2
.4
.5
1.5
10.4
1.4
2.4
.9
1.7
176.2

198.2
19.3
34.2
127.1
320.5
58.4
28.4
36.6
119.0
214.2

205.7
18.0
29.1
177.3
595.2
79.9
22.5
30.5
109.1
392.3

449.2
46.5
80.8
477.9
808.6
144.0
54.8
93.8
311.7
605.1

141.0
15.5
25.8
113.0
288.4
35.7
10.9
31.3
145.0
196.6

345.1
42.7
68.9
328.3
826.3
119.6
38.8
77.3
283.2
499.3

151
152
153
154
155
156
157
158
159
160

375.2
1,052.3
173.0
19.2
268.0
161.7
25.7
126.2
288.3
77.9

240.4
150.0
191.1
68.2
124.3
94.9
43.0
108.3
421.9
130.1

.1
.2
.1
5.6
.2
.3
.1
2.4
1.7

42.4
104.7
92.7
15.6
38.8
13.1
11.0
38.5
125.7
36.5

27.9
119.4
64.1
16.9
24.2
11.0
25.5
40.2
154.2
78.7

84.3
269.7
226.0
31.6
79.6
32.0
26.9
130.3
343.8
112.4

22.1
64.1
71.9
6.8
22.7
6.2
7.1
57.6
148.3
(•)•

86.8
205.9
190.2
29.0
64.8
24.6
24.6
97.8
238.8
80.0

161
162
163
164
165
166
167
168
169
170

124.3
135.3
120.7

138.0
119.2
11.4

38.1
.0

37.6
48.7
19.1

64.1
75.3
6.2

90.4
142.1
43.7

(6)
33.8
13.2

70.9
121.0
29.8

171
172
173

61
114
77
57
32
100
78
105
96
131

76
95
22
20
8
101
9
92
103
102

131
144
37
42
31
91
32
73
135
49

138
115
43
52
21
50
131
44
105
65

431
507
508
478
481
532
447
552
484
576

164
172
161
158
171
176
139
174
171
159

384.7
468.3
1, 131. 5
501.6
974.8
714.5
832.3
522.8
426.3
508.5

6.7
4.7
36.6
8.5
16.2
10.5
16.5
17.1
7.3
.3

38.9
40.9
100.5
60.8
59.0
52.7
66.7
111.9
85.8
30.6

189.4
259.0
483.6
256.1
542.3
387.4
331.9
85.5
175.6
296.2

185
33
101

193
37
122

189
67
108

186
56
92

599
433
497
432
675

175
166
169
166
178

451.6
2, 178. 7
1, 742. 7
103,358.2
25,567! 1

27.4
27.8
5.1
749. 1
2,133.8

62.7
227.8
130.7
11,187.8
4,045! 1

118.1
890.2
912.5
42,044.3
9, 299! 5

38
204
17
132
140
165
85
81
29
34

21
215
26
135
155
68
71
120
35
65

18
167
13
158
175
123
47
61
27
60

45
223
28
156
168
176
34
83
16
70

457
625
414
504
508
538
527
475
475
428

150
145
153
168
170
150
168
158
170
162

538.7
174.4
1,024.9
271.5
671.8
301.3
4, 280. 0
467.1
6, 696. 8
1, 689. 0

15.7
5.6
10.5
13.5
2.0
24.6
27.2
9.8
20.5
39.6

32.9
61.0
109.3
13.6
132.4
49.7
538.7
105.3
798.2
287.4

251.6
15.7
241.2
124.3
93.1
21.1
1, 178. 5
81.0
2, 056. 5
329.5

175
60
148
171
112
24
99
110
52

127
47
143
163
73
44
94
24
28

124
80
192
161
75
41
71
12
39

39
120
116
203
140
46
54
96
87

715
437
568
528
494
419
524
513
442
466
689

190
156
198
156
152
161
168
133
149
163
187

276.0
328.5
255.6
367.3
250.8
7, 709. 3
465.6
402.1
1, 225. 4
27,366.1
18,586.2

10.1
26.5
14.4
3.6
9.3
26.1
2.6
13.9
16.2
291.6
4,206.5

23.3
35.9
24.3
44.7
28.3
877.8
109.0
39.9
160.9
3,472.5
3,691.1

69.7
77.8
54.3
103.0
82.9
2, 771. 0
83.4
180.8
428.7
8,244.0
2,745.5

184
206
126
205
178
199
182
164
209
180

195
208
110
200
129
142
191
138
220
124

217
203
84
206
122
220
168
111
230
138

221
208
47
122
164
166
178
145
220
63

530
678
592
793
584
696
583
573
668
691

173
176
177
209
153
202
166
158
201
182

206.2
368.3
4, 879. 9
821.5
807.0
366.5
1, 975. 5
685.0
738.0
1, 420. 7

4.7
5.7
7.1
8.0
1.1
.4
13.4
.0
6.3
18.8

59.6
56.3
581. 1
327.1
123.9
212.5
209.4
79.8
303. 4
96.7

41.6
126.0
1, 137. 7
229.0
210.7
23.4
606.1
195.3
121.0
307.0

135
207
191
198
220
189
221
225
224
139

184
211
165
213
118
156
225
214
226
162

181
212
211
209
221
115
222
205
224
151

150
205
146
193
183
77
228
219
217
88

520
692
688
657
864
723
664
823
832
574

183
182
204
186
203
174
155
167
187
182

923.8
841.3
702. 5
480.6
581.1
1, 233. 2
300.3
234.4
232.5
1, 974. 3

6.1
7.0
2.9
9.2
8.4
13.5
5.3
4.5
13.4
30.2

86.4
269.2
372.9
92.0
379.2
118.6
34.9
24.0
101.8
164.4

402.9
120.7
117.7
124.4
45.3
159.3
96.7
117.5
21.8
833.2

219
194
231
92
203
196
230
217
79
138

207
210
231
159
190
176
216
169
196
189

215
182
197
137
193
184
210
153
163
170

184
179
210
114
206
195
224
199
99
155

856
651
185
473
656
638
944
788
463
519

193
173
170
169
169
170
164
152
186
173

818.2
665.9
565.2
1, 585. 5
656.5
1, 057. 0
249.2
360.6
557.4
887.6

2.4
.7
24.4
2.1
17.9
4.7
4.0
8.3
20.1
6.2

70.0
78.1
173.1
430.9
97.8
184.4
30.9
42.9
80.2
165.8

342.9
245.9
94.4
181.8
97.2
385.0
14.1
106.4
146.5
181.2

69
200
187
145
36
190
193
188
159
106

116
212
202
174
81
217
198
199
179
126

98
202
208
196
70
207
216
213
160
129

68
160
182
165
37
218
222
213
111
108

481
706
605
520
461
575
570
558
585
494

172
191
190
185
176
171
171
177
181
168

2, 667. 0
365.8
560.4
2, 112. 3
3, 965. 2
838.2
255.5
504.8
1, 642. 9
2, 956. 6

6.3
3.7
9.5
33.3
46.0
14.9
4.8
15.7
15.7
2.3

283.9
48.0
207.8
360.3
544.9
181.0
36.1
151.9
218.8
387.7

161
157
174
211
192
216
218
201
54
168

167
112
172
166
203
201
228
204
67
79

142
183
143
157
174
218
229
198
81
118

117
157
177
214
159
130
226
180
41
55

585
543
565
695
668
899
708
688
488
660

171
181
155
147
173
216
184
182
179
180

881.2
1, 976. 0
1, 126. 3
202.7
630.9
349.8
183.1
623.2
1, 732. 3
549.4

.8
8.2
111.4
9.6
6.4
5.7
18.6
20.3
5.7
2.4

149
170
213

183
115
219

178
165
201

152
197
202

538
531
773

180
159
176

550.5
728.6
247.0

1.1
13.9
1.8




Mining

Contract
construction

22.6

.4
.8
.4
12.6

23.3
78.7
30.3
58.4
42.9
50.0
40.9
18.2
27.8

23.7
26.5
64.2
18.3
33.6
31.9
53.3
52.5
20.4
34.3

54.2
55.7
183.2
60.0
133.3
97.0
142.0
89.0
51.6
52.1

11.9
3.3
3.4
214.7
426J5

41.6
146.8
133.3
6,906. 1
1,354.2

40.4
162.8
93.4
6,694.2
1,354.0

33.6

66.7
16.7
44.1
27.6
244.5
41.2
497.1
125.9

0.5
1.1
6.5
.7
2.4

(5)

2.4

(5)

2.2
.4
92.6
.4
4.7
.1
5.7
1.8

(5)

.1

5

()

.8
.3
32.2
.2
.7
24.8
171.4
236.3

(5)

(5)

(5)
(5)

(5)

5

10.8
9.4
41.4
12.2
(5)

27.7

SUEVEY OF CURRENT BUSINESS

30

May 1971

Table 2.—Per Capita Personal Income and Earnings by Broad Industrial
Per capita personal income, where received
Dollars

Percent of the national average

®

3
1929

1950

1959

1962

1965

1966

1967

1968

1969

1929

1959

1962

1965

1969

174
175
176
177
178
179
180

Southeast:
Tampa-St. Petersburg, Fla
Tuscaloosa, Ala
West Palm Beach, Fla
Wheeling, W. Va.-Ohio
Wilmington, N.C
Sum of S MSA'S
Non-S MSA Area

594
315
876
671
547
587
266

1,258
848
1,381
1,313
1,073
1,348
806

1,923
1,516
2,022
1,904
1,476
1,948
1,257

2,059
1,532
2,140
2,038
1,632
2,096
1,423

2,302
1,730
2,440
2,314
2,042
2,497
1,735

2,436
1,805
2,599
2,535
2,201
2,685
1,909

2,652
1,970
2,782
2,668
2,334
2,878
2,059

2,917
2,250
3,197
2,913
2,634
3,147
2,265

3,218
2,429
3,505
3,162
2,913
3,432
2,463

84
45
124
95
78
83
38

89
70
94
88
68
90
58

87
65
90
86
69
88
60

83
63
88
84
74
90
63

87
66
95
86
79
93
67

181
182
183
184
185
186
187
188
189
190

Southwest:
Abilene, Tex
Albuquerque, N. Mex
Amarillo, Tex
Austin, Tex
Beaumont-Port Arthur-Orange, Tex.
Brownsville-Harlingen-San Benito, Tex
Bryan-College Station, Tex ...
Corpus Christi, Tex
Dallas, Tex
El Paso, Tex

401
553
965
577
647
363
300
462
769
617

1,345
1,462
2,002
1,213
1,448
910
910
1,332
1,804
1,477

1,957
2,268
2,258
1,790
2,094
1,211
1,446
1,713
2,464
1,818

2,082
2,296
2,374
1,891
2,182
1,203
1,667
1,960
2,592
1,756

2,295
2,600
2,649
2,212
2,599
1,663
2,097
2,272
2,961
1,905

2,492
2,710
3,072
2,320
2,883
1,796
2,238
2,433
3,160
2,237

2,773
2,855
3,161
2,682
3,126
1,781
2,468
2,578
3,423
2,386

2,969
3,021
2,964
3,080
3,321
2,076
2,761
2,723
3,792
2,651

3,249
3,135
3,486
3,179
3,570
2,126
2,659
2,959
4,052
2,895

57
78
137
82
92
51
43
66
109
88

91
105
104
83
97
56
67
79
114
84

88
97
100
80
92
51
70
83
109
74

83
94
96
80
94
60
76
82
107
69

88
85
95
86
97
58
72
80
110
78

708
795
844
348
431
487
292
1,037
674
803

1,633
1,577
1,825
740
1,409
1,560
738
2,465
1,799
1,497

2,219
2,033
2,325
1,123
1,900
2,013
1,001
2,541
2,122
2,087

2,245
2,163
2,372
1,176
1,872
2,162
1,096
3,003
2,331
2,337

2,672
2,398
2,747
1,325
2,437
2,476
1,280
3,561
2,731
2,672

2,894
2,528
2,924
1,493
2,750
2,588
1,415
3,759
2,899
2,886

3,179
2,777
3,172
1,744
2,942
2,796
1,461
4,034
3,102
3,073

3,487
2,995
3,382
1,925
3,235
3,011
1,731
4,478
3,487
3,375

3,520
3,108
3,674
2,214
3,626
3,147
1,777
4,508
3,512
3,472

100
113
120
49
61
69
41
147
96
114

103
94
108
52
88
93
46
118
98
97

95
91
100
50
79
91
46
127
98
99

97
87
100
48
88
90
46
129
99
97

95
84
100
60
98
85
48
122
95
94

638
620
597
422
392
628
735
393
555
608
662
348

1,358
1,424
1,310
1,173
971
1,271
1,586
1,256
1,235
1,838
1,510
1,045

1,984
1,770
1,659
1,754
1,453
2,009
2,391
1,815
1,816
1,930
2,061
1,620

2,176
2,015
1,748
1,879
1,754
2,227
2,409
2,037
1,967
2,247
2,176
1,767

2,550
2,358
2,098
2,325
2,251
2,318
2,896
2,431
2,261
2,562
2,530
2,049

2,735
2,534
2,357
2,412
2,546
2,488
3,098
2,602
2,423
3,056
2,736
2,201

2,899
2,715
2.500
2,512
2,952
2,698
3,277
2,780
2,613
3,221
2,949
2,329

3,211
3,054
2,797
2,949
3,413
2,929
3,549
3,165
3,010
3,522
3,228
2,585

3,498
3,247
3,028
3,283
3,461
3,240
3,793
3,351
3,218
3,817
3,452
2,753

90
88
85
60
56
89
104
56
79
86
94
49

92
82
77
81
67
93
111
84
84
89
95
75

92
85
74
79
74
94
102
86
83
95
92
75

92
85
76
84
82
84
105
88
82
93
92
74

95
88
82
89
94
88
103
91
87
103
94
75

745
712
806
789
944
835
622
354
605
712
787
501

1,623
1,440
1,936
1,497
1,806
1,829
1,426
1,026
1,302
1,562
1,624
1,337

2,353
2,146
2,225
2,130
2,505
2,281
2,047
1,618
1,853
2,104
2,258
1,871

2,393
2,334
2,535
2,316
2,700
2,516
2,288
1,625
2,119
2,382
2,469
2,068

2,536
2,545
2,820
2,639
2,883
2,772
2,482
1,887
2,403
2,511
2,668
2,331

2,706
2,687
2,917
2,781
3,100
2,990
2,625
1,834
2,558
2,625
2,829
2,449

2,940
2,853
3,493
2,996
3,313
3,051
2,753
1,926
2,648
2,766
3,013
2,584

3,130
3,000
3,577
3,142
3,533
3,244
2,935
2,245
2,860
2,973
3,222
2,723

3,280
3,293
3,684
3,358
3,889
3,465
3,130
2,413
3,020
3,190
3,493
2,932

106
101
114
112
134
118
88
50
86
101
112
71

109
99
103
99
116
106
95
75
86
97
104
87

101
99
107
98
114
106
97
69
89
101
104
87

92
92
102
96
104
100
90
68
87
91
97
84

89
89
100
91
105
94
85
65
82
86
95
80

747
656
490
615
732
1,059
676
859
857
1,057

1,580
1,547
1,611
1,537
1,935
1,939
1,455
1,598
1,707
2,277

2,589
2,206
2,185
2,165
2,700
2,911
2,136
2,329
2,365
3,108

2,783
2,279
2,116
2,278
3,604
3,113
2,482
2,435
2,662
2,999

3,122
2,852
2,488
2,662
3,082
3,514
2,691
2,586
3,069
3,610

3,344
2,943
2,483
2,755
3,207
3,787
2,995
2,684
3,274
3,777

3,563
3,077
2,584
2,906
3,344
4,028
3,253
2,832
3,456
3,853

3,820
3,366
2,828
3,192
3,679
4,325
3,470
3,007
3,717
4,004

4,141
3,542
2,950
3,407
4,056
4,728
3,533
3,086
3,964
4,428

106
93
70
87
104
150
96
122
122
150

120
102
101
100
125
135
99
108
109
144

117
96
89
96
152
131
105
103
112
127

113
103
90
96
112
127
98
94
111
131

112
96
80
92
110
128
96
84
107
120

811
528
938
654
802
1,318
799
1,202
668
944

1,723
1,389
1,846
1,412
1,672
2,101
1,577
2,006
1,506
1,853

2,375
1,825
2,622
2,154
2,281
2,959
2, 485
2,602
2,190
2,678

2,674
2,009
2,913
2,251
2,419
3,265
2,771
2,911
2,302
3,003

2,997
2,348
3,001
2,408
2,804
3,789
3,103
2,817
2,508
3,248

3,055
2,513
3,514
2,521
3,040
4,033
3,347
2,932
2,732
3,625

3,173
2,734
3,368
2,652
3,282
4,272
3,574
3,147
2,909
3,904

3,402
2,908
3,917
2,849
3,583
4,577
3,906
3,281
3,065
4,211

3,565
3,077
4,165
3,126
3.694
5,009
4,061
3,505
3,226
4,463

115
75
133
93
114
187
113
170
95
134

110
84
121
100
106
137
115
120
101
124

113
85
123
95
102
138
117
123
97
127

109
85
109
87
102
137
112
102
91
118

97
83
113
85
100
136
110
95
87
121

793
762
737
561
988
621

1,582
1,693
1,663
1,651
1,837
1,602

2,181
2,320
2,066
2,220
2,645
2,129

2,284
2,593
2,316
2,531
2,872
2,310

2,706
3,000
2,535
2,851
3,231
2,583

2,945
3,139
2,704
3,059
3,459
2,763

3,077
3,346
2,865
3,319
3,671
2,923

3,307
3,594
3, 182
3,519
3,950
3,163

3,625
3,752
3,518
3,746
4,251
3,317

112
108
105
80
140
88

101
107
96
103
122
99

96
109
98
107
121
98

98
109
92
103
117
94

98
102
95
102
115
90

2,907
2,244
2,374
2,044

3,016
2,676
2,744
2,352

3,493
3,111
3,192
2,788

3,667
3,378
3,439
2,991

4,050
3,610
3,705
3,108

4,376
3,900
4,005
3,497

4,521
4,356
4,393
3,676

135
104
110
95

127
113
116
99

127
113
116
101

123
118
119
100

191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212

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 SMS A's
Non-SMS A Area

.

... .

..

213
214
215
216
217
218
219
220
221
222
223
224

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 SMS A's
Non-SMSA Area

225
226
227
228
229
230
231
232
233
234

Far West:
Anaheim-Santa Ana-Garden Grove, Calif
Bakersfleld, Calif
Eugene, Oreg
Fresno, Calif
Las Vegas, Nev
-.
Los Angeles-Long Beach, CalifModesto, Calif
Oxnard- Ventura, Calif
Portland, Oreg.-Wash
Reno, Nev
...

235
236
237
238
239
240
241
242
243
244

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.
Santa Rosa, Calif
... .
Seattle-Everett, Wash

245
Spokane, Wash
246
Stockton, Calif
. .
247
TacomaWash
248
Vallejo-Napa, Calif
249 - Sums of SMA'S
250
Non-SMSA Area
251
252
253
254

Alaska and Hawaii.
Anchorage, Alaska
Honolulu, Hawaii
Sum of SMA'S
Non-SMSA Area
See footnote on page 19.




-

..

..
.
-.. .
...

_

May 1971

SURVEY OF CURRENT BUSINESS

31

Source, by SMSA's and Non-SMSA's, for Selected Years, 1929-69—Continued
Earnings by broad industrial source, where earned, 1969

Per capita personal income, where received— Con.
Rank in SMSA's

1929

167
227
37
127
183

1950

186
227
164
177
218

1959

Percent increase

1969

172
225
152
176
226

176
229
135
187
215

1929-69

1959-69

Millions of dollars

Total
earnings «

542
771
400
471
533
585
926

167
160
173
166
197
176
196

2,218.8
237.8
895.4
454.5
258.8
56, 890. 6
43, 833. 1

Farm
earnings

Government
earnings

Manufacturing

Mining

Contract
construction

TransporWholesale
tation,
communi- and retail
cations,
trade
and public
utilities

Finance,
insurance,
and real
estate

1

M

Services

18.9
4.2
95.3
2.8
6.7
742.8
4, 318. 9

367.3
62.9
90.7
46.6
41.2
11, 024. 4

8 666 1

395.5
73.7
176.5
126.7
67.6
13, 058. 1
13, 292. 3

0.6
1.2
.2
46.9
.2
527.7
1, 185. 8

182.7
15.6
104.6
44.7
18.3
4, 228. 4
2, 347. 9

187.9
10.4
32.2
33.1
30.6
4,813.5
2, 039. 8

491.6
32.1
160.9
70.2
44.9
10, 540. 4
5, 800. 1

150.7
8.1
60.5
17.7
10.0
3,398.7
1, 150. 8

413.5
29.0
164.1
65.1
38.7
8, 434. 0
4, 820. 0

174
175
176
177
178
179
180

14.6
1.8
10.6
1.9
19.4
.8

44.0
91.2
(5)

13.8
53.0
20.1
58.2
86.8
13.3
9.3
54.1
336.7
39.3

17.6
56.3
43.1
25.1
83.0
16.2
3.9
45.3
491.2
76.7

52.7
145.5
91.4
117.0
123.5
51.9
16.7
117.8
1,197.8
140.1

13.2
49.5
24.2
44.4
29.5
9.9
(5)
29.8
461.8
(5)

53.5
218.4
66.8
123.7
114.6
34.2
14.2
94.8
801.2
93.9

181
182
183
184
185
186
187
188
189
190

212
181
22
172
136
222
228
202
86
155

173
141
14
197
148
224
223
175
39
136

162
79
83
194
140
231
228
204
43
186

169
189
139
185
110
232
227
211
40
216

810
567
361
551
552
586
886
640
527
469

166
138
154
178
170
176
184
173
164
159

285.8
798.7
386.7
712.7
967.4
235.8
113.5
664.5
5,345.9
877.4

14.4
1.0
11.5
4.4
5.0
27.5
5.2
28.0
21.8
17.2

76.8
210.9
74.1
258.4
89.2
55.3
48.9
143.9
468.0
347.1

28.6
63.4
44.4
78.8
414.5
22.9
10.0
104.4
1,469.1
127.8

111
68
50
226
208
197
229
13
125
64

85
108
36
229
158
114
230
1
40
133

96
149
66
232
177
154
233
30
130
141

127
194
93
231
97
188
233
12
132
142

497
391
435
636
841
646
609
435
521
432

159
153
158
197
191
156
178
177
166
166

2,220.9
402.1
6,045.4
126.9
319.8
438.6
244.3
227.4
249.5
1, 837. 6

10.8
1.6
23.9
10.3
3.5
40.2
39.4
3.6
.4
13.2

291.5
70.0
472.3
43.0
233.3
86.9
55.3
20.5
29.3
478.3

855.0
126.7
1, 452. 8
5.1
10.2
47.6
16.5
9.8
33.4
267.5

28.1
2.5
337.5
1.7
(8)
1.4
8.3
86.3
50.9
71.3

108.4
36.9
622.2
4.9
9.6
24.8
11.4
10.0
21.2
107.0

131.6
35.5
516.6
11.3
7.9
33.9
11.2
12.9
18.2
155.5

371.9
52.0
1,256.0
29.7
27.6
105.4
56.6
33.9
52.7
339.3

103.6
24.8
353.0
4.5
(*)
26.1
7.8
11.6
8.8
131.1

317.8
51.3
1,000.5
16.0
20.1
71.6
34.8
38.6
34.4
272.4

191
192
193
194
195
196
197
198
199
200

142
154
166
210
215
147
103
214
179
160

170
154
178
206
222
185
104
187
194
30

159
195
214
199
227
155
50
188
187
169

137
170
207
162
144
171
73
154
174
66

548
524
507
778
883
516
516
853
580
628
521
791

176
183
183
187
238
161
159
185
177
198
167
170

2,725.2
168.6
2, 118. 2
211.6
273.5
840.7
1,476.6
246.8
365.5
378.2
31,305.9
11,198.8

107.4
9.0
13.1
2.7
5.3
1.6
11.5
1.3
6.3
6.1
445.0
1,627.0

454.8
47.6
924.2
47.7
68.2
236.3
136.9
32.1
71.9
169.3
5,741.6
2,831.7

665.8
18.4
210.4
72.8
89.1
68.2
384.8
77.7
98.3
24.7
6,898.6
1,398.5

1.7
3.4
16.4
2.7
1.0
55.6
145.4
11.8
.8
22.6
1,035.9
849.2

195.2
7.6
109.0
10.3
11.3
103.8
80.2
12.1
20.3
13.0
2,203.5
610.2

169.2
15.4
88.9
13.7
18.7
48.4
161.3
17.7
21.7
19.1
2,367.1
648.6

497.7
31.2
352.6
27.2
39.8
128.0
262.2
41.2
63.0
60.1
5,882.5
1,556.6

183.6
7.6
123.7
7.0
8.5
40.4
75.5
12.4
22.0
14.6
1,873.9
308.0

440.8
27.6
277.8
27.2
30.9
156.5
217.5
39.6
60.9
48.5
4,799.9
1,301.8

201
202
203
204
205
206
207
208
209
210
211
212

97
109
62
76
27
51
153
223
162
108

88
149
18
132
38
34
153
221
180
113

59
119
92
127
34
77
146
219
180
136

163
161
89
153
53
143
190
230
209
181

440
463
457
426
412
415
503
682
499
448
444
585

139
153
166
158
155
152
153
149
163
152
155
157

220.6
293.4
156.5
621.4
3,873.2
219.8
319.3
255.9
281.1
1, 498. 3
7,739.5
5,177.1

7.1
4.5
5.7
7.0
12.5
6.9
3.7
5.9
2.2
8.3
63.7
865.6

28.8
51.0
61.4
325.3
756.2
64.1
158.9
42.5
77.3
336.3
1,901.7
1,102*9

29.8
37.7
8.4
45.8
728.4
23.8
35.8
83.0
85.1
238.3
1,316.1
621 !s

3.9
.5
1.1
1.0
62.4
.5
.1
3.3
.1
73.1
146.1
314.8

14.4
30.0
10.5
36.1
284.0
17.2
11.8
14.9
13.2
78.9
511.0
321.7

24.2
27.5
22.6
26.6
350.7
17.5
22.9
16.5
21.4
149.4
679.5
364.7

58.3
72.2
21.2
70.2
782.9
43.1
42.1
29.7
37.5
303.0
1,460.1
770.2

13.0
24.4
7.7
22.5
266.6
13.1
7.9
5.1
9.7
85.5
455.4
151.7

40.7
44.8
17.6
86.3
623.0
33.2
35.5
54.5
34.4
223.5
1,193.6
637.5

213
214
215
216
217
218
219
220
221
222
223
224

95
133
195
156
104
10
124
44
45
11

106
117
93
121
19
17
145
98
55
2

28
101
106
113
14
5
121
64
58
1

30
119
212
147
36
7
123
196
49
15

554
540
602
554
554
446
523
359
463
419

160
161
135
157
150
162
165
133
168
142

3,600.0
977.5
496.4
1, 112. 0
878.3
27,739.2
501.0
824.2
3,206.0
446.1

18.7
156.4
2.8
208.9
1.7
76.6
71.4
84.8
34.3
.2

473.1
261.7
78.4
204.4
150.8
3, 738. 3
95.3
247.3
423.8
82.7

1, 322. 0
79.9
163.1
137.3
40.8
8,681.9
112.8
133.2
807.7
24.1

20.7
71.7
2.6
6.5
1.6
129.3
.5
20.3
3.3
2.4

258.0
60.0
34.5
55.2
82.9
1, 315. 3
33.3
52.9
224.3
40.7

123.1
58.5
37.7
74.1
63.1
1,838.9
22.0
35.8
309.1
44.3

595.7
138.5
89.6
214.1
132.0
4,872.4
84.8
120.8
686.3
79.0

190.7
34.0
15.9
49.5
34.9
1, 704. 4
13.4
25.7
206.0
30.1

585.1
106.0
70.3
150.6
369.1
5, 338. 5
62.8
69.4
504.2
142.0

225
226
227
228
229
230
231
232
233
234

59
186
28
134
66
2
67
4
128
26

50
160
29
157
66
4
109
13
130
27

56
185
24
116
76
4
38
26
104
16

112
198
29
191
85
3
35
136
173
14

440
583
444
478
461
380
508
292
483
473

150
169
159
145
162
169
163
135
147
167

2, 325. 2
430.7
851.8
2,706.4
4, 092. 7
12,376.1
3,439.1
700.6
444.1
5,269.5

64.8
33.2
141.7
140.9
42.8
38.2
36.1
27.1
9.7
11.3

939.8
117.8
357.2
770.7
1,627.6
2,588.1
430.2
156.0
129.7
692.9

247.2
80.9
58.7
495.7
682.2
2, 165. 6
1,384.5
100.7
57.8
1,786.8

1.7
.9
5.4
26.1
6.2
23.9
1.5
11.8
3.1
5.4

146.7
29.4
31.0
154.9
248.2
794.1
232.3
48.9
28.4
339.0

158.5
21.7
38.1
166.8
185.0
1,483.8
160.7
30.0
23.0
412.8

362.3
69.9
106.3
419.5
540.4
2,212.6
489.4
112.7
87.1
949.0

98.9
21.7
22.1
91.8
167.0
957.3
124.7
28.7
29.8
345.8

298.5
53.6
85.9
424.8
577.8
2, 086. 1
572.7
180.2
72.5
711.0

235
236
237
238
239
240
241
242
243
244

70
90
102
177

105
59
72
78

107
68
145
95

98
78
128
79

457
492
477
668
430
534

166
162
170
169
161
156

800.0
825.3
1,182.0
705.8
75,929. 9
9 004. 6

13.0
104.8
6.8
19.4
1,346.0
1 073.3

175.0
203.8
492.1
387.8
14,824. 4
288*7I
2 ,*OO.

124.7
147.6
195.4
64.7
19 095.4
1, 7ftfi
fUO. 9
it

1.5
.5
1.6
1.4

54.9
38.3
67.7
27.6
4 398.6
'4o4.
AQA' OR

72.5
63.3
59.5
33.1
5,515.4
49g* i

164.9
140.4
168.9
78.9
12,915.6
1,369.3

48.2
28.0
55.4
15.7
4,339.9
234.6

143.5
92.7
131.2
75.4
12,931.0
1,196.7

245
246
247
248
249
250

156
194
185
180

728.6
2, 195! 9
2 924. 6
'849*. 8

t4
27^3

317.9
319*4

32.8
134*. 6

33.5

1R7* O
1
ID/.

99 O
K
«XJ.

91.3

25.8

85.7
240*1
OOK 0
0*0.
o
68.3

61.9
181.4
243 3
80^3

91.0
326.4
417.5
93! 7

21.4
126.9
148.3
19.7

73.3
335.1
408.3
102.0

251
252
253
254

6
87




11
19

9.7 7
*!•
1

72.9

1,157
1O f .9a
280.9

(5)

•ten 1
OvU.
1
RQ
Oil. 9
ft

!o

SURVEY OF CURRENT BUSINESS

32

May 1971

EXAMPLES OF AVAILABLE UMPLUBLISHED DATA FOR LOCAL AREAS
Tables 5.00 and 5.01.—Personal Income by Major Sources and Earnings by Broad Industrial Sector, Boston, Massachusetts SMSA
Table 5.00 (thousands of dollars)
1929

Total personal income
Total wage and salary disbursements
Other labor income
Proprietors' income
Farm proprietors' income
Nonfarm proprietors' income
Property income ._
.
Transfer payments
Less: Personal contributions for social
insurance

Table 5.01 (percent of United States)
1929

1962

1965

8,328,404

9,566,758

11,320,848

14,568,551

15,817,097

5, 888, 272
240, 794
646, 799
17, 281
629, 518
1, 111, 548
612, 312

6,741,024
292, 217
711, 466
19, 342
692, 124
1, 309, 840
740, 532

7, 811, 826
369, 051
818, 330
17, 660
800, 670
1, 749, 636
862, 604

10, 046, 270
473, 769
956, 638
15, 994
940, 644
2, 295, 873
1, 285, 826

10, 882, 122
531, 018
1, 005, 488
17, 550
987, 938
2, 528, 700
1, 432, 656

1950

1959

2,749,665

5,071,633

1, 662, 254
15, 702
272, 581
8,340
264, 241
761, 858
41, 722

3, 486, 222
86, 965
477, 672
24, 728
452, 944
713, 580
371, 183

1968

1969

1950

1959

1962

1965

1968

3. 2046

2.2421

2. 1754

2.1733

2. 1168

2. 1308

2.1246

3. 3026
2, 7989
1. 8042
.1356
2. 9498
4. 1302
2. 7889

2, 3994
2. 2754
1. 2746
.1832
1. 8891
2. 6049
2. 4627

2. 2910
2, 1318
1. 3845
.1509
1, 7852
2. 2663
2.2950

2. 2958
1, 1058
1. 4198
.1486
1. 8659
2. 1984
2. 2248

2, 1938
1.9808
1. 4437
.1196
1. 9099
2. 2694
2. 1718

2. 1805
1, 9608
1.5005
.1096
1. 9136
2. 3321
2. 1727

2, 1561
1,9310
1, 5042
.1071
1, 9581
2. 3780
2. 2012

1969

4,452

63, 989

171, 321

228, 321

290, 599

489,825

562, 887

3. 2029

2.2350

2. 1648

2. 2186

2. 1696

2. 1705

2. 1655

1,950,537

4,050,859

6,775,865

7,744,707

8,999,207

11,476,677

12,418,628

2.9553

2. 1709

2. 1509

2. 1657

2.0861

2. 0918

2.0731

Farm earnings
19, 925
40, 078
Total nonfarm earnings.
1, 930, 612 4, 010, 781
Government earnings
512, 774
151, 346
Total Federal
31, 898
219, 038
Federal civilian
150, 886
26,585
Military
5,313
68, 152
State and local
119, 448
293, 736
Private nonfarm earnings
1, 779, 266 3, 498, 007
M anuf acturing
587, 977 1, 251, 299
Mining
2,612
1,420
Contract constuction. _
123, 539
256, 198
Trans, communication, and public
utilities
162, 256
295, 060
Wholesale and retail trade
445, 690
881, 706
Finance, insurance, and real estate.. _
144, 256
243, 609
Services...
543, 193
308, 890
Other
5,238
24, 330

30, 264
6, 745, 601
903, 135
408, 625
263, 979
144, 646
494, 510
5, 842, 466
2, 146, 755
4,672
394, 318

30, 639
7, 714, 068
1, 064, 749
450,006
310, 388
139, 618
614, 743
6, 649, 319
2, 371, 611
4,501
441, 280

28,880
8, 970, 327
1, 260, 693
487, 168
350, 823
136, 345
773, 525
7, 709, 634
2, 568, 979
5,461
567, 300

26, 145
11, 450, 532
1, 669, 430
631, 346
448, 307
183, 039
1, 038, 084
9, 781, 102
3, 153, 657
4,725
691, 906

28, 302
12, 390, 326
1, 780, 947
668, 317
478, 406
189, 911
1, 112, 630
10, 609, 379
3, 326, 227
4,687
767, 873

.2673
3. 2976
3. 0963
2. 4038
2. 4892
2. 0514
3. 3543
3. 3159
3. 4945
.0885
3.3552

.2462
2.3549
2. 4137
2. 0186
2. 2383
1. 6582
2. 8263
2. 3465
2. 3114
.0703
2.3002

.2144
2.2417
2. 0309
1, 9179
2. 0921
1. 6649
2. 1348
2. 2783
2. 2604
. 1025
2. 0378

.1939
2.2568
1. 9553
1.8268
2. 0428
1. 4790
2.0614
2. 3139
2. 2378
.1000
2. 0933

.1650
2. 1673
1. 8680
1,6825
1, 9145
1. 2826
2.0073
2. 2257
2. 0118
.1116
2. 1446

.1492
2. 1559
1. 7893
1. 5916
1. 8660
1. 1702
1. 9356
2. 2341
1. 9566
.0865
2. 1087

.1455
2. 1377
1. 7580
1. 5814
1. 8619
1. 1465
1. 8844
2. 2181
1, 9087
.0762
2. 0881

476, 425
1, 265, 994
472, 965
1, 056, 490
24, 847

523,124
1,442,854
539, 809
1, 298, 117
28, 023

598, 162
1,659,621
627, 996
1, 649, 790
32, 325

725, 622
2, 051, 608
829, 536
2, 286, 693
37, 355

806, 170
2, 208, 211
899, 563
2, 557, 272
39, 376

2. 4610
3. 5940
3. 7803
3.6106
2. 8939

1. 9346
2. 4946
3. 0880
2.6030
3. 3466

1. 9642
2. 2515
2. 9494
2. 6370
2. 5534

1. 9882
2. 3289
2. 9724
2. 6910
2. 4821

1. 9423
2. 2580
2. 8731
2. 7554
2. 4378

1. 9164
2. 2746
2.8869
2. 8579
2. 4100

1. 9367
2, 2450
2. 8801
2. 8993
2. 3396

Total earnings

Tables 5.02 and 5.03.—Personal Income by Major Sources and Earnings by Broad Industrial Sector, Boston, Massachusetts, SMSA
Table 5.03 (percent of total personal income)

Table 5.02 (percent change)
1929-40 1940-50 1950-59 1959-62 1929-62 1965-66 1967-68 1968-69 1965-69
Total personal income
Total wage and salary disbursements
Other labor income
Proprietors income. ...
Farm proprietors' income.
Nonfarm 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
MiningContract construction
Trans, communication, and public utilities.
Wholesale and retail trade..
Finance, insurance, and real estate
Services
. .
Other

1929

1950

1959

1962

1965

1968

1969

-15

118

64

15

248

8

9

9

40

100.00

100. 00

100.00

100.00

100.00

100.00

100. 00

-11
9
-20
5
-20
-32
149
304

135
407
118
183
115
37
258
256

69
177
35
-30
39
56
65
168

14
21
10
12
10
18
21
33

306
1,761
161
132
162
72
1,675
5,029

8
12
3
7
3
8
9
34

9
1
8
32
8
11
14
11

8
12
5
10
6
10
11
16

39
44
23
-1
23
45
66
94

60.45
.57
9.91
.30
9.61
27.71
1.52
.16

68.74
1.71
9.42
.49
8.93
14.07
7.32
1.26

70.70
2.89
7.77
.21
7.56
13.35
7.35
2.06

70.46
3.05
7.44
.20
7.23
13.69
7.74
2.39

69.00
3.26
7.23
.16
7.07
15.45
7.62
2.57

68.96
3.25
6.57
.11
6.46
15.76
8.83
3.36

68.80
3.36
6.36
.11
6.26
15.99
9.06
3.56

-12

135

67

14

297

8

9

8

38

70.94

79.87

81.36

80.95

79.49

78.78

78.51

-14
-12
64
244
274
92
16
-18
-23
-70
-34
-16
-7
-20
— 19
7

133
135
106
100
52
567
112
140
178
505
212
117
112
110
116
336

-24
68
76
87
75
112
68
67
72
79
54
61
44
94
94
2

1
14
18
10
18
3
24
14
10
-4
12
10
14
14
23
13

54
300
604
1,311
1,068
2,528
415
274
303
217
257
222
224
274
320
435

6
8
8
9
7
12
7
8
10
-7
4
6
7
7
10
8

13
9
12
11
8
18
12
8
4
5
9
4
8
10
14
3

8
8
7
6
7
4
7
8
5
-1
11
11
8
8
12
5

-2
38
41
37
36
39
44
38
29
-14
35
35
33
43
55
22

.72
70.21
6.50
1.16
.97
.19
4.34
64.71
21.38
.05
4.49
5.90
16.21
5.25
11.23
.19

.79
79.08
10.11
4.32
2.98
1.34
5.79
68.97
24.67
.05
6.05
5.82
17.39
4.80
10.71
.48

.36
81.00
10.84
4.91
3.17
1.74
5.94
70.15
25.78
.06
4.73
5.72
15.20
5.68
12.69
.30

.32
80.63
11.13
4.70
3.24
1.46
6.43
69.50
24.79
.05
4.61
5.47
15.08
5.64
13.57
.29

.26
79.24
11.14
4.30
3.10
1.20
6.83
68.10
22.69
.05
5.01
5.28
14.66
5.55
14.57
.29

.18
78.60
11.46
4.33
3.08
1.26
7.13
67.14
21.65
.03
4.75
4.98
14.08
5.69
15.70
.26

.18
78.34
11.26
4.23
3.02
1.20
7.03
67.08
21.03
.03
4.85
5.10
13.96
5.69
16.17
.25

Table 5.04 and 5.06.—Location Quotient of Earnings by Broad Industrial Sector, Boston, Massachusetts, SMSA
Table 5.06 (ratio)

Table 5.04 (percent of total earning)

Total earnings

-- ..-

Farm earnings
Total nonfarm earnings
Government earnings
Total Federal .
Federal civilian
.. Military
State and local
Private nonfarm earnings
Manufacturing
Mining
_ ... .
Contract construction
Trans , communication , and public utilities . .
Wholesale and retail trade . . - . - Finance, insurance, and real estate . .
._._-Services
- -. . .
Other




1929

1950

1959

1962

1965

1968

1969

1929

1950

1959

1962

1965

1968

1969

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

.0906
1. 0421
.9028
.8433
.9435
.6818
.9520
1. 0686
1. 0331
.0476
.9677
.9171
1. 0756
1. 3720
1. 2424
1.1250

.0788 .0721
1. 0390 1. 0306
.8958 .8554
.8063 .7607
.9176 .8927
.6179 .5579
.9630 .9254
1. 0669 1. 0680
.9645 .9353
.0531 .0400
1. 0277 1. 0084
.9314 .9159
1. 0822 1. 0876
1. 3767 1. 3798
1. 3206 1. 3663
1. 1613 1. 1786

.0708
1.0312
.8480
.7631
.8974
.5523
.9087
1.0700
.9206
.0388
1. 0065
.9338
1. 0828
1. 3896
1. 3988
1. 1429

1.02
98.98
7.76
1.64
1.36
.27
6.12
91.22
30.14
.07
6.33
8.32
22.85
7.40
15. 84
.27

.99
99.01
12.66
5.41
3.72
1.68
7.25
86.35
30.89
.06
6.32
7.28
21.77
6.01
13.41
.60

.45
99.55
13.33
6.03
3.90
2.13
7.30
86.22
31.68
.07
5.82
7.03
18.68
6.98
15.59
.37

.40
99.60
13.75
5.81
4.01
1.80
7.94
85.86
30.62
.06
5.70
6.75
18.63
6.97
16.76
.36

.32
99.68
14.01
5.41
3.90
1.52
8.60
85.67
28.55
.06
6.30
6.65
18.44
6.98
18.33
.36

.23
99.77
14.55
5.50
3.91
1.59
9.05
85.23
27.48
.04
6.03
6.32
17.88
7.23
Iy.o2
.33

.23 .0903
99.77 1.1168
14.34 1.0472
5.38 .8159
3.85 .8395
1.53 .6923
8.96 1. 1333
85.43 1. 1220
26.78 1. 1824
.04 .0288
6.18 1. 1344
6.49 .8328
17.78 1. 2161
7.24 1. 2803
20.5.* 1. 2222
.32 1. 0000

.1135
1. 0847
1. 1115
.9296
1. 0305
.7636
1. 3016
1. 0809
1. 0648
.0302
1. 0586
.8911
1. 1494
1. 4208
1. 1995
1. 5385

.1004
1.0422
.9441
.8920
.9726
.7717
.9932
1. 0592
1.0507
.0483
.9479
.9130
1. 0465
1. 3713
1.2256
1. 1935

CURRENT BUSINESS STATISTICS

J.HE 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 each 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 (t), 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.
The sources of the data are given in the 1969 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and
are also listed alphabetically on pages 189-90.
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.
1968

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS

| 1969

1970

1968
I

Annual total

II

III

IV

I

II

1971

1970

1969

III

IV

I

II

IV

| III

I

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT

865 0

931 4

976 5

834.9

858 1

875 8

891 4

907 6

923 7

942 6

951. 7

959.5

971.1

985.5

989.9 '1,020.7

do

535.8

577.5

616.7

519.7

529.1

543.8

550.8

561.8

573.3

582.1

592.6

603.1

614.4

622.1

627.0 '646.4

do
.do
do

84.0

37.2
34.6

90.0
40.3
36.7

89.4
37.4
38.4

79.9
34.9
33.7

82.6
36.0
34.1

86.7
39.1
35.4

86.9
38.8
35.2

89.1
39.8
35.8

90.6
40.0
37.2

89.5
40,2
36.7

90.8
41.1
36.9

89.1
37.7
38.3

91.9
39.4
38.9

91.2
39.2
38.1

230.2
..do. _
46.1
do
115. 1
_ do
...
do. . 19,0

245.8
49.9
121. 7
21.1

264.7
52.3
131 6
22.9

225.6
44.8
112.7
18.8

227.6
45.2
114. 7
18.6

232.6
47.1
116. 1
19.2

234.8
47.2
117.0
19.3

239.2
47.9
119.1
20.3

244.0
50.0
120.8
20.8

248.1
50.7
122.4
21.5

252.0
50.9
124.6
21.7

258.8
51.3
128.8
22.4

262. 6
51.8
131.2
22.7

265.8
52.3
132.3
23.0

271.5 ' 272. 8
53.8 ' 54.6
134.1 ' 135. 3
23.5 '23.6

do
do.
do
do

221.6
31.2
77.4
15.6

241.6
33.9
84.0
16.7

262 6
36.3
91.9
18 1

214.2
30.4
75.2
15.2

218.9
30.8
76.6
15.3

224.5
31.5
77.9
15.6

229 0
32.1
79.8
16.1

233.5
32.7
81.4
16.2

238.7
33.3
83.0
16.5

244.5
34.5
84.7
16.8

249.8
34.8
87.0
17.1

255.2
35.2
89.0
17.7

259.9
35.9
90.8
17.9

265.1
36.9
92.6
18.2

270.2 ' 276. 1
37.3 '37.8
97.5
95.1
18.7
18.5

do

126.5

139.8

135.7

119.8

127. 3

126.5

132.6

136.0

139.3

143.8

140.2

133.2

134.3

138.3

137.1 ' 142. 4
133.5 ' 141. 0
105.1
101.3
34.7 '36.1
66.6 '69.0
32.2 '35.8
31.6 '35.2
' 1.4
3.6
'1.2
3.0

Personal consumption expenditures, total
Durable goods, total 9
Automobiles and parts . . _ _ _
Furniture and household equipment
Nondurable goods, total?
Clothing and shoes
Food and beverages
_
Gasoline and oil
.
Services total 9
Household operation
Housing
.
Transportation

.

_

#"'

bil.$

Gross national product, total t

...

Gross private domestic investment, total

85.3
33.2
38.2

'97.5
44.4
'40.0

118.9
88.7
29.6
59.1
30.3
29.7
7.6
7.5

131.4
99.3
33.8
65.5
32.0
31.5
8.5
8.0

132.3
102.6
35.2
67.4
29.7
29 1
35
2.9

117.2
88.3
29.8
58.5
28.8
28.3
2.6
2.5

117.0
86.4
28.9
57.5
30.6
30.1
10.4
10.3

118.3
88.3
29.4
59.0
29.9
29.4
8.2
8.1

123.3
91.6
30.3
61.3
31.7
31.1
9.3
9.3

128.7
95.7
32.6
63.1
33.0
32.4
7.4
7.3

131.4
97.5
32.3
65.2
33.9
33.3
7.9
7.6

132.4
101.5
35.2
66.3
31.0
30.4
11.3
10.8

133.0
102.6
35.1
67.5
30.4
29.8
7.2
6.5

131.6
102.6
35.7
66.9
29.1
28.4
1.6
.9

131.2
102.8
35.3
67.5
28.4
27.8
3.1
2.6

132.7
103.6
35.0
68.6
29.2
28.6
5.5
5.0

2.5
50.6
48.1

1.9
55.5
53.6

3.6
62.2
58.6

1.8
47.7
45.9

3.4
50.7
47.3

3.4
53.2
49.8

1.4
50.9
49.5

1.3
47.8
46.5

1.3
57.2
55.9

2.6
58.3
55.6

2.6
58.8
56.2

3.5
61.1
57.6

4.1
62.8
58.7

4.2
62.8
58.6

Govt. purchases of goods and services, total.-do
Federal.
do
National defense
do
State and local
.. . _
.
.do. _

200.2
99.5
78.0
100.7

212.2
101.3
78.8
110.8

220. 5
99 7
76 6
120.9

193.6
96.4
76.3
97.2

198.3
98.9
77.8
99.4

202.1
100.7
78.6
101.4

206.7
101.9
79.2
104.7

208.5
100.9
78.6
107.5

209.9
99.8
77.9
110.1

214.1
102.5
79.8
111.6

216.3
102.1
78.8
114.2

219.6
102.3
79.3
117.4

218.4
99.7
76.8
118.7

221.0
98.6
75.8
122.4

223.2 ' 228. 7
98.2 '98.4
74.6 '74.0
125.0 ' 130. 2

By major type of product: f
Final sales, total
Goods, total
Durable goods
Nondurable goods
Services
. . .
Structures

857 4
422.9
170.4
252.5
347.1
87.4

922 9
451.6
183.9
267.7
377.6
93.8

973 1
470.9
185 3
285.6
409 6
92 6

832 3
411.6
165.2
246.4
334.7
86.0

847 8
417.8
168.0
249.8
343.1
86.8

867 6
429.0
173.1
255.9
352.2
86.3

882 1
433.3
175.3
258.0
358.4
90.5

900 2
440.9
180.5
260.4
364.8
94.5

915 9
448.8
182.7
266.1
372.3
94.8

931 2
454.9

383.0
93.3

944.5
461.7
187.4
274.3
390.3
92.5

957.9
465.5
185.5
280.0
400.1
92.3

968.1
471.8
188.5
283.3
405.8
90.4

980.0
474.2
188.3
286.0
413.2
92.6

986.3
472.0
178.8
293.3
419.4
94.9

'1,019.3
' 487. 5

184.8
270.1

7.6
5.7
2.0

8.5
6.4
2.1

3.5
—.2
36

2.6
2.5
.1

10.4
7.1
3.2

8.2
5.8
2.4

9.3
7.2
2.1

7.4
5.6
1.8

7.9
6.7
1.2

11.3
7.9
3.5

7.2
5.3
1.9

1.6
1.9

3.1
-1.9
5.0

5.5
5.2
.3

3.6
-3.7
7.2

' 1.4
'2.7
'-1.4

bil $

707 2

727 1

724 1

693 5

705 4

712 6

717 5

722. 1

726 1

730.9

729.2

723.8

724.9

727.4

720.3 ' 732. 7

.do

452.3

467.7

477 1

445.0

448.4

457.7

458.1

463.3

467.1

468.7

471.7

474.0

478.1

479.6

476.6 ' 486* 6

do
do
do

81.4
196.5
174.4

84.9
201.2
181 6

82 0
207 9
187 2

78.1
195.5
171 3

80.2
194.9
173.2

83.9
197.9
175 9

83.2
197.6
177 4

84.9
199.7
178.7

85.7
200.9
180.5

84.1
201.9
182.7

84.9
202.4
184.4

82.7
205.6
185.8

84.9
206.6
186.6

83.6
208.2
187.8

76.9 '86.6
211.1 ' 210. 5
188.6 ' 189. 5

do

105.7

111.3

102.8

101.3

107.1

105.1

109.5

109.7

111.5

114.1

110.0

102.9

103.1

104.1

101.3 ' 103. 7

do
do
.do
do __

98.8
75.5
23.3
6.9

104 1
80.8
23.3
7.2

99
79
20
3

8
2
6
0

98.9
76.1
22.9
2.4

97.6
73.8
23.8
9.5

97.7
74.9
22.8
7.4

101.0
77.1
23.9
8.5

103.6
79.3
24.3
6.1

104.8
80.2
24.7
6.6

104.2
81.9
22.3
9.9

103.9
82.1
21.8
6.1

101.5
80.9
20.7
1.3

100.1
80.2
20.0
2.9

99.6
79.6
20.0
4.6

98.1 ' 102. 5
78.4
76.3
21.9 '24.1
'1.2
3.1

do .

.9

.2

24

.8

1.5

1.5

-.2

-.4

-.3

.8

.9

1.9

2.4

3.1

Fixed investment
Nonresident ial
._
Structures . . . .
Producers' durable equipment
Residential structures
.
Nonfarm
Change in business inventories
Nonfarm
Net exports of goods and services
Exports
Imports
_

do. .
do
do
_do_ _
.do
do
do
do_ _
do
do
_do

do
do
do
do
do
do

Change in business inventories...
Durable goods
Nondurable goods

do
__ do. .
do

q

2.6
62.0
59.3

'3.3
'64.6
61.3

r 193.

3

' 294. 2
' 429. 4
' 102. 4

GNP in constant (1958) dollars
Gross national product total t
Personal consumption expenditures, total
Durable goods _
Nondurable goods
Services...
Gross private domestic investment, total
Fixed investment
Nonresidential
Residential structures.. _
Change in business inventoriesNet exports of goods and services

_

Govt. purchases of goods and services, total.-do
Federal
.
do
State and local
.
do

148.3
146.4
148.5
147.8
141.8
79 1
78 7
75 7
77 5
67 7
69.4
69.6
72.1
68.9
74.1
' Revised.
* Preliminary.
t Re vised series. Estimates of national income and product
and personal income have been revised back to 1967 (see p. 17 ff. of the July 1970 SURVEY);




2.0

'2.3

140.6
140.3 ' 140. 2
145.0
141.3
147.3
146.6
147.9
148.3
150.0
149.5
66.2
65.5 '63.4
71.1
67.8
73.8
75 2
78 9
79 4
78 0
75 8
74.4
74.8 '76.8
73.8
73.5
72.9
69.4
72.1
72.1
70.6
71.5
revisions prior to May 1969 for personal income appear on p. 26 ff. of the July 1970 SURVEY.
9 Includes data not shown separately.

s-1

SURVEY OF CURRENT 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

1968

1969 | 1970

1968
II

Annual total

May 1971

III

IV

I

II

1971

1970

1969

III

IV

I

II

III

IV

I

II

i

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
National income totalf
bil $

712.7

769.5

800.1

706.1

722.2

735.2

749.3

764.0

779.5

785.2

791.5

797.4

806.6

804.8 p 833. 2

Compensation of employees total

do

514.1

564.2

599.8

507. 6

520.9

532.5

544.9

557.5

572.2

582.1

592.2

596.4

603.8

606.7 ' 625. 2

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

464.8
369.1
17.9
77.8
49.3
64.1
49.1
15.0
21.3

509.0
404.9
19.0
85.1
55.1
66.8
50.5
16.4
22.0

540.1
426.1
19.3
94.6
59.7
67.6
51.4
16.2
22.7

458.9
364.7
17.6
76.6
48.7
63.8
49.2
14.6
21.3

471.0
373.4
18.6
79.0
49.9
64.4
49.2
15.3
21.3

481.4
382.5
18.2
80.7
51.1
65.2
49.4
15.8
21.3

491.6
391.5
18.1
81.9
53.3
66.0
49.9
16.2
21.6

502.9
401.2
18.4
83.4
54.6
66.7
50.5
16.2
22.0

516.4
409.9
19.9
86.6
55.8
67.5
50.9
16.6
22.1

525.3
417.2
19.6
88.5
56.8
67.2
50.6
16.6
22.3

534.4
422.6
"20.1
«91.7
57.9
67.6
50.6
17.0
22.5

537.4
424.0
19.5
93.9
59.0
67.8
51.2
16.5
22.6

543.4
428.9
19.1
95.4
60.4
67.8
51.7
16.1
22.7

545.2 r 560. 6
429.1 r 440. 7
19.2
18.6
97.5 '100.6
64.6
61.4
67.0
67.4
52.2
52.0
14.7
15.3
23.1
23.0

85.4

85.8

76.5

86.0

87.4

87.1

87.1

87.4

86.8

82.0

76.7

77.5

78.4

73.3

P82. 7

11.5
75.5
43.4
19.4
24.0

11.9
75.4
42.9
19.9
23.0

12.2
74.6
41.8
19.1
22.7

12.2
69.8
39.1
19.0
20.0

12.0
64.7
35.2
18.3
16.9

12.3
65.2
35.5
18.2
17.2

12.9
65.5
34.7
18.3
16.3

12.6
60.7
28.6
17.7
11.0

pl2. 7
P70.0

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

11.0
74.4
42.4
19.1
23.3

12.0
73.8
41.8
19.3
22.4

12.5
64.0
33.5
18.1
15.4

10.8
75.2
42.8
18.9
23.9

11.5
75.9
42.9
19.4
23.6

11.2
75.9
43.7
19.2
24.4

11.0
21.0

10.7
21.4

9.1
21.4

11.0
21.3

11.2
21.8

10.7
21.5

11.0
21.2

10.8
21.8

10.6
22.2

10.3
20.4

9.1
20.4

8.6
21.1

9.1
21.7

9.6
22.5

88.7
40.6
48.2
23.3
24.9
-3.3
27.8

91.2
42.7
48.5
24.7
23.9
-5.4
30.7

81.3
37.5
43.8
25.2
18.6
-4.8
33.5

88.6
40.4
48.3
23.1
25.2
-2.6
27.3

88.4
40.4
48.0
23.8
24.2
-.9
28.2

91.3
41.7
49.6
24.1
25.5
-4.2
29.1

93.0
43.5
49.5
24.1
25.5
-5.9
29.7

93.4
43.8
49.7
24.4
25.2
-6.0
30.4

89.9
42.1
47.9
25.0
22.9
-3.2
31.0

88.5
41.4
47.1
25.2
21.9
-6.5
31.7

82.6
38.0
44.6
25.2
19.4
-5.8
32.4

82.0
38.1
43.9
25.1
18.8
-4.5
33.1

84.4
38.9
45.4
25.4
20.0
-5.9
33.8

76.3
34.8
41.4
25.1
16.3
-3.0
34.5

688.7
97.5
591.2
550.8
40.4

748.9
117.3
631.6
593.9
37.6

801.0
116.3
684.8
634.6
50.2

680.9
92.6
588.4
543.8
44.6

697.6
102.1
595.6
559.1
36.5

712.5
106.5
606.0
566.4
39.6

725.8
113.8
612.0
577.7
34.3

741.1
118.1
623.0
589.7
33.3

758.1
117.5
640.6
598.7
42.0

770.5
119.9
650.6
609.6
41.1

782.3
117.0
665.3
620.5
44.8

801.3
117.7
683.6
632.1
51.5

807.2
114.2
693.0
640.2
52.7

813.3 ' 831. 5
116.4
116.1
697.2 ' 715. 1
645. 5 ' 665. 3
51.8 '49.8

67.76
28.37
14.12
14.25

75.56
31.68
15.96
15.72

79.71
31.95
15.80
16.15

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
9.12
4.59
4.53

17.47
7.14
3.59
3.56

20. 33
8.15
4.08
4.07

20.26
7.99
3.87
4.12

21.66
8.66
4.26
4.40

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

47.76
1.89
1.78
3.03
1.23
13.14
10.65
2.49
10.10
16.59

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

10.32
.45
.42
.73
.28
2.54
2.15
.39
2.14
3.76

12.18
.47
.47
.80
.31
3.28
2.59
.69
2.59
4.26

12.27
.46
.46
.74
.30
3.58
2.79
.78
2.56
4.16

12.99
.50
.43
.76
.33
3.74
3.12
.63
2.81
4.42

do
do
do
do

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

78.22
32.44
16.40
16.05

80.22
32.43
16.32
16.11

81.88
32.15
15.74
16.40

78.63 i 80. 55 i 82. 54
31.44
30.28
30.98
15.45
14.67
14.92
15.62
15.98
16.05

do
do
do
do
do
do
do
do
do
do

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

45.78
1.92
1.74
2.94
1.37
12.14
9.77
2.37
9.14
16.52

47.79
1.84
1.88
2.88
1.12
12.72
10.15
2.57
10.38
16.98

49.73
1.86
1.96
3.24
1.22
13.84
11.34
2.50
10.62
17.00

50.27
51.10
47.66
1.96
1.85
1.94
1.62
2.11
1.56
1.80
2.54
3.08
1.42
1.33
1.22
15.51
15.12
13.68
13.03
12.86
11.20
2.48
2.26
2.48
10.20
15.97 2 28. 08 2 28. 04

12, 685
8,386
344
1,990
1,965

13, 295
8,878
393
2,000
2,024

12,714
8,378
357
1,935
2,044

11, 961
7,485
391
2,089
1,996

14, 196
9,490
313
2,150
2,243

14, 592
9,608
458
2,286
2, 240

14, 767
9,890
352
2,314
2,211

15, 364
10, 252
256
2, 499
2,357

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
Net interest do
DISPOSITION OF PERSONAL INCOMEf
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 :t
All industries
bil. $
Manufacturing
do
Durable goods industries 1_
do
Nondurable goods industries 1
do
Nonmanufacturing . _
Mining,
Railroad
Air transportation .
O ther transportation
Public utilities
.
Electric
Gas and other.
Communication
Commercial and other. ...

do
do
do
do
. . do
do
do
do
do
do

Seas. adj. qtrly. totals at annual rates:!
All industries _
Manufacturing
_ .
Durable goods industries 1
Nondurable goods industries ^
Nonmanufacturing
Mining
.
Railroad
Air transportation _ _
O ther transportation
Public utilities
Electric
.
Gas and other
Communication
Commercial and other.

_

U.S. BALANCE OF INTERNATIONAL
PAYMENTSd"
Quarterly Data Are Seasonally Adjusted
(Credits -f; debits -)
Exports of goods and services (excl. transfers under
military grants)
mil. $._
Merchandise, adjusted, excl. military .
do
Transfers under military sales contracts
do
Income on U.S. investments abroad
._ do
Other services
.
do

50, 626
33, 588
1,396
7,690
7,952

55, 516
36,473
1,514
8,839
8,690

62, 962
42, 041
1,479
9,617
9,825

Imports of goods and services
do
-48, 127 -53,566 -59, 293 -11,832 -12, 444
Merchandise, adjusted, excl. military
do _ -32, 964 -35,835 -39, 856 -8, 132 -8, 569
Military expenditures
do
-4,535 -4,850 -4, 838 -1, 112 -1,147
-732
-761
Income on foreign investments in the U.S__do
-2, 932 -4,463 -5,110
Other services
do
-7,696 -8, 418 -9, 489 -1, 856 -1,967
Unilateral transfers, net (excl. military grants);
-757
transfers to foreigners (-)
„
mil. $__ -2, 829 -2, 835 -3, 036
-675
r
Revised.
p Preliminary.
1 Estimates (corr 3cted for systema tic biases ) for Ja n.Mar. and Apr.-June 1971 based on expected capital expenditiires of b usiness. E xpected ex2 in(eludes co mpenditures for the year 1971 appear on p. 20 of the Mar. 197 L SURVE y.
munication.
fSee corresponding note on p. S-l.
9Incl udes inv entory va luation adjustment.
^Revised series; explanation of revisioiis and an nual and quarterbf data b'< ick
to 1947 appear on pp. 25 ff. of the Jan. 1970 SURAnay; see a Iso pp. 19 ff . of th e Feb. 1970
SURVEY.
©Personal outlays comprise persona 1 consumption e itpenditur es, inter est




P86.4
p 38. 9
P47.5
25.8
p21. 7
r

-3.7

35.2

» 17.96 i 20. 89
7.89
6.67
3.21
3.86
4.03
3.46

11.29
.44
.38
.45
.29
3.27
2.86
.41

13.00
.50
.53
.71
.36
3.89
3.29
.61

26.47

27.01

15, 798 « 15, 969 pl5, 831
10, 586 10, 700 ' 10,467 pll, 040
430
339
p 454
2,307
2,394 p 2, 417
2,475
2,536 p 2, 457

-12, 374 -11,630 13,934 -13,927 -14,075 -14,518 -14,759 -14,969 p-15,047
-8, 443 -7,588 -9,562 -9,281 -9,404 -9,729 -9,829 -9,987 '-10,315 p 10, 75C
-1,173 -1,198 -1,187 -1,220 -1,245 -1,178 -1,255 -1,210 p-1,195
-762
-905 -1,071 -1,240 -1,247 -1,343 -1,320 -1,287 p- 1,160
2 268 -2.355 -2,485 p-2,381
-1,996 -1,939 -2,114 -2,186 -2,179
p-776
-800
-739
-721
-721
-812
-690
-612
-768
§P ersonal saving is
paid 1:>y constimers, aiid perso lal trans fer payments to foreignei •s.
excess of dispo sable inc ome ove * persona1 outlays,
its appear in the
omponer
ustries
c
HD£ita for in dividual durable and noil durable goods inc
c?Jtfore coniplete de tails are given in
Mar., June, Sc,pt., and Dec. iss ues of th e SURVEY.
EY.
the
SURV
the qilarterly reviews i 11 the Ma r., June, Sept., and Dec. i ssues of c
Correc?ted.
"In eludes tlle retroa :tive pa> increase for Federal persemnel.

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS

1968

1969

1970

1968
II

Annual total

1970

1969
II

I

IV

III

S-3

I

IV

III

1971

1

IV

III

II

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 $ -5,412 -5,233 -6, 349
Transactions in U.S. Govt. assets, excl. official
reserve assets* net* increase ( — )
mil $ -2,268 -2, 184 -1,588
Transactions in U.S. official reserve assets, net;
-1, 187
-880
2,477
increase (— )
mil $
Transactions in foreign assets in the U.S., net (U.S.
9,409 12, 332 5,234
liabilities)* increase (+)
mil $
8,199
709
1,371
Liquid assets
do
8,700
4,133
3,863
Other assets
do
Balance on transactions in U.S. and foreign liquid
-226
849
3,728
and nonliquid assets, incl. reserves
mil. $._
867
Allocations of special drawing rights (SDR) do
-514
-2,841 «- 1,274
Errors and omissions net
do
-3, 848
Balance on liquidity basis:1f
171 -7,012
Including allocations of SDR
do
171 -7,012 -4,715
Excluding allocations of SDR
do
Balance on official reserve transactions basis: ©
2,700 -9, 819
1,641
Including allocations of SDR
do
2,700 -10, 686
1,641
Excluding allocations of SDR
do
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS

1969

-1,429 -1,585 -1,714 -1,213 -2, 151
-642
-137

-528
-571

2,562

2,253

31
2,531

426
1,827

354

-528

-431

-375

-1,076

145
145

1,652
1,652

408
408

-48

-458

-299

-686

-154

2,674

3, 174
1,400
1,774

4,513
4,100
413

3,276
2,965
311

1,369
-266
1,635

421

1,478

1,422

960

-132

8 -1,197

-871

-936

164 -1,352 -3, 801 -2,279
164 -1,352 -3,801 -2,279

-358
-358

1,453
1,453

1970

Annual

-889

-650

912

3,586

335

106
106

-435

-980

-641

1,315
1,315

-582
-582

163

-1,711 -1,944 -1,176 p-1,518
-444

-364

-368

p-412

264

805

584

P824

1,770
1,185
585

1,747
430
1,317

1,080
16
1,064

P637
p-260
P897

-121
217
-205

244
217
-779

120
217
-535

p-469
P216

••-562 p-3,078

420
420

-1,449 -1,235
-1,666 -1,452

514
514

-2,901 -1,780 -1,815 '-3,325 p-5,506
-3,118 -1,997 -2,032 '-3, 541 p-5,686

-600
-817

'-778 p-3, 258

1971

1970
Mar.

Apr.

May

June

July

"180

P245

Aug.

Sept.

Mar.

Apr."

Nov.

Dec.

Jan.

Feb.

809.9

812.6

817.5

827.4

830.4

' 836. 8

549.8
202.3
158. 9
130.5

557.8
203.0
160.2
133.4

559. 8
202. 5
159. 8
134. 2

' 564. 2 567.0
205. 1
r 204. 5
160. 9
'160.8
' 135. 4 136.4

Oct.

GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCE f
Seasonally adjusted, at annual rates: f
Total personal income

bll. $

748.9

801.0

787.6

806.0

799.7

798.2

803.3

806.4

539.9
202.3
160.0
126.0

540.5
200.9
159.2
127.2

538.1
201.3
159.5
127.9

541.5
202.1
160. 1
129.1

543.2
202.0
159.6
129.7

546.6
201.5
159.5
130.2

541.8
196.8
154.3
130.6

544.1
196.8
153.6
131.4

811.9

841.3

Wage and salary disbursements, total
do...
Commodity-producing industries, total.do
Manufacturing.
do
Distributive industries
_ ._ _
do _

509.0
197.5
157.5
119.8

540.1
201.2
158.9
128.4

535.0
203.9
161.3
126.7

Service industries
Government .
Other labor income _
Proprietors' income:
Business and professional
Farm.
..._

do._
do
do

87.7
104.1
27.6

96.6
114.0
30.4

94.6
109.8
29.6

95.1
116.5
29.8

95.5
116.9
30.0

95.7
113.2
30.3

96.8
113.5
30.6

97.3
114.2
30.8

97.9
117.0
31.1

98.8
115.6
31.3

99.8
116.1
31.5

100.4
116.6
31.7

102. 2
119.2
31.9

103.1
120. 0
32.1

___do
do

50.5
16.4

51.4
16.2

50.7
17.2

51.0
16.9

51.3
16.5

51.5
16.2

51.6
16.2

51.7
16.1

51.8
16.0

51.9
15.7

52.0
15.3

52.1
15.0

52.2
14.9

52.1
14.7

22.0
24.7
59.7
65.1

22.7
25.2
65.2
77.6

22.6
25.2
63.7
71.1

22.6
25.2
64.2
84.1

22.6
25 3
64.5
76.8

22.7
24 7
64.8
77.6

22.7
25.2
65.3
78.1

22.7
25.3
66.0
78.6

22.8
25.5
66.8
79.6

22.9
25.6
67.0
81.7

23.0
25.7
67.1
81.9

23.1
24.1
67.1
82.9

23.2
25. 9
67.5
84.5

22. 8
25. 9
67.7
86.0

26.0

27.8

27.5

27.7

27.7

27.6

27.8

28.0

28.2

28.0

28.1

28.4

30.6

30.7

'30.9

31.1

780.9

784.0

787.9

791. 0

796. 2

806.2

809. 2

' 815. 7

820.2

r i in

4 9C9

___

Rental income of persons
do
Dividends
do
Personal interest income
do _
Transfer payments
.do
Less personal contributions for social insurance
bil. $-

726.7

778.6

764.3

783.0

777.0

775.7

51, 023

52, 398

3,596

3, 510

3,363

3,566

4 198

3 352

47, 229
18, 790
28,439
6,172
17, 521
4,423

48, 678
19, 589
29,089
6,470
17, 976
4,333

3,584
1,003
2,581
547
1,635
372

3,448
928
2,520
558
1,598
327

3,346
947
2,399
585
1,455
322

3,549
1,176
2, 373
553
1,470
324

3,807
1,485
2,322
538
1,392
371

3,794
1,505
2, 289
524
1,386
359

4,521
2,011
2,510
516
1,583
391

5, 595
2,864
2, 731
539
1,782
392

5,079
2, 781
2, 298
521
1,407
353

4,219
1, 984
2,235
548
1,313
349

4,157
1, 851
2, 306
557
1,392
327

3,330

111
102
117

114
106
120

101
65
128

97
60
125

94
62
119

100
77
117

107
97
115

107
98
113

127
131
124

157
186
135

143
181
114

119
129
111

117
120
114

94
72

102
104
101

103
103
103

83
59
101

80
50
103

80
51
102

90
74
102

98
97
98

97
93
100

113
118
108

144
176
120

136
177
105

117
134
103

114
127
104

82
66

Unadj., total index (Incl. utilities) <f_ .1957-59= 100.. p 172. 8
By industry groupings:
173.9
Manufacturing, total ._
do
176.5
Durable manufactures _ _
do
170.6
Nondurable manufactures
do
130.2
Mining
do
221. 2
Utilities
_do

p 168. 2

172.1

170.6

169.1

172.1

163.6

169.1

170.2

166.5

162. 9

162.5

Total nonagricultural income ...

do

789.7

' 103. 9
120. 4
32.3

104.5

52.3
14.7

52.4
14.6

23.3
25.7
67. 7
87. 6

23.4
25.7
67.9
88. 8

r

T
r

32. 5

FARM INCOME AND MARKETINGS J
Cash receipts from farming, including Government
payments, total t
-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 O
1 967 = 100
Crops
do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:!
All commodities© 1 967 = 100
Crops
._
_ . .
do
Livestock and products
do

4,564

2, 228
525
1, 384
288

3,533
' 3, 5193,258
r i 040
934
. 9 A"7f\

'583

9 7ox

593
1 ^Ofi

' 104
r 1 Ifi

'. 84
RE
r 1OA

101
80
116
77
45
10'?

INDUSTRIAL PRODUCTION d"
Federal Reserve Index of Quantity Output

By market groupings:
Final products, total
Consumer goods.
Automotive and home goods
Apparel and staples
Equipment, including defense . .

do
do
do
do
do

170.8
162.5
179.5
157.1
188.6

166.4
164.8
159 6
170 9
140.3

v 167. 0
P 164. 5
f 170. 2
P 136. 5

172.2
173.5
170.6
134.0

171.0
170.5
171.7
135.0

168.9
169 4
168.4
137.9

171.8
171.3
172.3
137.6

161.6
159.8
163.8
129.2

166.4
161.0
173.2
138.2

167.6
162.3
174.2
140.1

164.5
156.3
174.8
141.8

161.2
153.3
171. 1
140.5

165. 4
161.4 ' 163. 8 ' 1CJ
160.0
Q
157. 2
156.7
J7Q C
166. 6
164.2
r
137.
8
'
136.
3
*
137.
4
139. 4

v 166. 1
P 161. 7
p 166. 1
p 160. 3
p 175. 4

169.9
161.8
176.3
157.2
187.3

166.9
160.6
175.5
155.9
180.3

165.8
160.3
176.0
155.3
177.7

169.9
165.7
181.2
160.8
179.0

161.8
157.6
153.5
158.9
170. 9

167.1
165.3
150.4
170.0
170.9

168.8
168.1
163.2
169.6
170.4

164.7
164.0
161.3
164.9
166.1

160.2
158.0
156. 9
158. 4
164.8

160.0
157.0
161.8

174.0
174.3 172.1
174.6 p 170. 2
Materials.. _
do
161.3
160.4
159. 5
165.5 p 155. 0
Durable goods materials _.
do .
188.5
187.1
185.1
P
185.
9
183.9
Nondurable materials
do
r
Revised.
P Preliminary.
§See note "c?" on p. S-2.
Iflncrease in U.S. official
reserve assets and decrease in liquid liabilities to all foreigners.
©Increase in U.S. official
reserve assets and decrease in liquid and certain nonliquid liabilities to foreign official agencies.
tSee corresponding note on p. S-l.
{Series revised beginning 1967; monthly data




' 164. 2 ' 165. 9 ' 167. 1
r
T
r

166.4

r
r
r

r

r

164. 0
162. 7 ' 163. 4 ' igg
5
r
163. 4
r ^gfj" 5
174. 3
160 4
161.2 ' 159. 1 ' 158. 4

161.4
164 1
182
155.7

171.2
164.7 rr 165. 2 r 168. 6 r JQ3 4
165.4
168.5
165.3 170.9
171.5
174.1
154
146. 9 T 146. 6
154. 9
147.1 143.6
162.0
153.2
156.0
r ^£7 g
1()0
184. 4
182. 9
188.0
190. 5
188.6
186. 2
177.8
186.6
prior to May 1969 are shown in the Farm Income Situation, July 1970 avai^le Iron
U.S. Dept. of Agriculture, Economic Research Service.
ONew refeienee base iJt>/
comparable data for earlier periods will be shown later.
d" Re visions ^ Jan^Oct.
will be shown later.
9 Includes data for items not shown separately.
^orrecitu.

' 170. 2

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

1969*

1970P

Annual

May 1971

1970
Mar.

Apr.

May

June

July

1971

Sept.

Aug.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

Apr.p

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION^— Continued
Federal Reserve Index of Quantity Output—Con.
Beas. adj., total index (incl. utilities) d*- 1957-59 =100.
By industry groupings:
Manufacturing, total . . .
do
Durable manufactures 9 —
-do
Primary metals
do
Iron and steel
do
Nonferrous metals and products, .do

172.8

168.2

171.1

173.9

167.0

170.8

176.5
149.1
140.3
181.1

164.5
140.1
131.1
173.2

171.0
141.9
134.4
183,6

169.0

168.8

170.0

168.1

168.0

168.5

168.4
138.9
133.0
175.4

167.6
142.6
136.7
174.4

167.3
142.7
138.8
169.2

167.4
145.2
136.8
172.6

170.2

169.2

165.8

162.3

161.5

164.4

167.7

163.7

159.4

159.0

162.1 ' 163. 6 ' 163. 1 ' 163. 5

163.7

166.7
145.6
134. 1
169.7

160.4
142.6
129.5
172.1

153.5
133.9
121. 5
161.5

151.4
129.3
117.2
162. 9

156.1 'r 157. 8 157.6
157.7
135.4
137. 6 ' 140. 8 ' 143. 1
122.3 T 130. 0 r 132. 9 ' 138. 3
177.1 r 171. 7 •• 173. 4
174.9

157.7
147
144

168.8

165.6

»• 165. 2 ' 165. 5

166.0

Fabricated metal products
Structural metal parts

do ._
do

179.8
173.3

171.7
165.6

178.3
174.4

175.2
170.2

171.4
164.2

172.3
164.4

172.5
162,9

171.9
164.0

169.2
162.7

160.6
158.0

158.7
158.2

160.0
158.9

Machinery
Nonelectrical machinery
Electrical machinery

do
do...
do

195.7
194.6
197.2

189.5
185.9
194.3

199.1
196.6
202.5

194.9
191.7
199.1

191.0
187.1
196.3

190.6
185.2
197.7

191.2
185.2
199.1

190 3
183.0
199.9

186.2
180.0
194.5

182.9
176.1
191.9

179.0
172.7
187.4

176.7
174.7 r 173. 0 ' 173. 4
170.4 ' 166. 2 ' 165. 5 ' 165. 0
185.1
182. 9 ' 184. 5
185.9

174
165
186

Transportation equipment 9 - -- - - d o
Motor vehicles and parts
do
Aircraft and other equipment
.do

174.6
166.9
177.8

148.2
140.9
151.3

156.0
148.9
159.1

153.1
148.0
154.1

157.3
158.5
153.0

159.9
164.4
153.3

158.1
164.8
149.7

156.7
164.7
147.1

139.0
127.3
145.7

122.0
95.4
141.1

121.9
96.9
139.5

142.5
142.0
139.3

143
158
124

Instruments and related products
Clay, glass, and stone products
1/umber and products
Furniture and
fixtures
Miscellaneous manufactures

do
do
do
do
do

194.4
156.0
119.1
186.9
166.4

187.1
151.9
113.1
176.3
162.8

193.6
151.7
113.1
180.4
167.8

195.4
154.6
115.5
179.5
167.4

191.3
152.6
116. 1
174.4
163.6

187.9
149.4
107.6
173.8
162.6

187.0
148.8
110.5
172.5
162.0

183.3
150. 1
114. 2
172.9
159. 1

181.8
148.7
108.2
171.7
157.7

181.3
149.4
110.1
173.9
156.3

181.7
148.5
107.0
174.7
158.5

180.5
152.6
105.8
174.5
157.5

do
do
do
do
do

170.6
154.2
149,2
101.9
175.6

170.2
148.8
141.7
96.4
172. 7

170.6
150.3
140.1
95.9
174.9

171.9
151.3
140.8
100.2
176.3

168.7
147.8
137.7
104.5
174.5

168.9
145.9
139.0
99.3
170.8

170.0
145.3
140.9
95.6
172.0

169.0
146.1
140.7
93.6
172.9

167.7
145.7
139.3
94.6
166.2

166.9
146.7
138.7
97.2
168.0

168.6
145.1
135.5
93.1
171.7

169.7
143.9
141.7
94.2
169. 5

Printing and publishing
Newspapers

do
do

156.3
142.7

154.8
138.7

156.9
137.9

156.9
139.3

154.8
136.9

155.2
137.5

154.6
140.0

154.3
138.7

151.5
137.4

150.2
134.5

152.4
137.2

152.7
136.6

Chemicals and products
Industrial chemicals

do
do

239.0
283.0

243.0
276.1

242.3
284.8

244,4
289.2

241 4
281 3

243.2
285.8

243.3
285.7

239 8
280.7

240.8
282.0

240.7
282.9

243.7
285.4

243.9
281.7

T
r

245 3
283. 5

T

Petroleum products

do

146.6

147.9

146 5

147 8

145 5

147 5

150 3

150.1

154 2

156. 0

r

152 7

r

235.3
143.3
140.0
161.0

239.4
143.7
140.1
162.8

212.2
143.1
141.0
154.6

227.8
140.7
138.3
153.7

244.8
141.1
139.5
149.6

236.9
141.6
138.8
156.4

221.4
142.4
138.7
162.2

219.1
139.6
135.7
160.3

218.9
142.7
139.4
160.7

Nondurable manufactures . . .
Textile mill products
Apparel products
Leather and products
Paper and products

' 163. 0 r 164. 1 ' 164. 8 166
163.3 ' 165. 1 ' 168. 5 165

148.6 ' 148. 8 ' 146. 6
158.8 r 166. 5 •• 164. 8
136.1 r 129. 5 ' 126. 1
r

r
r

181.4
151.3
117.0
174.5
158.0

r 179. 5
' 150. 9
116.9
' 173. 9
' 159. 1

* 176. 2
' 152. 3

178
152

' 175. 0
' 161. 2

176
162

170. 9 ' 169. 9 ' 170. 7
149.1
153.5
151.7
140. 3
138.0
82.2
94.7
170.0
169.3
170.0
152.6
139.3

' 152. 5
135.5

243. 8

244 7

152 1

153.0

222.3 r' 224. 3 219.8
144.4
146. 7 ' 146. 5
140.1
140.9 r 141. 0
167.6 T 178 1
175.9

147.0
141.0

152.6
134.9

283.9

171.2

152

143.8

148.4

238.7
140.7
136.7
161.9 «

230.1
143.0
139.8
160. 2

117.3

121.6

116.8

125.1

117.8

120.7

126.6

121.8

122.9

124.1

121.6

121.7

130.2
117.7
129.3
132.0
142.0
144.7

136.5
125.7
135.7
138.2
154.4
144.0

135.1
121.5
132.4
133.5
165.8
150.1

133.9
123.0
131.3
135.2
162.6
146.1

134.8
134.2
131.9
135.8
151. 8
142 8

135.5
124.3
135.1
137.5
150.3
143 0

133.8
127.5
131.7
134 4
150.9
143 8

137. 1
128.5
136.5
139.8
152.3
142.3

138.9
127.9
140.3
144.1
144.5
140.5

139.9
128.1
141.5
145.1
145.1
142.0

139.4
127.3
139.1
143.8
160.1
142.7

138.8 r 137. 9 ' 136. 3 r 138. 7
130.1 * 136. 3 r 129. 5 ' 138. 1
137.4 'r 134. 6 r 134. 0 'r 135. 2
141.0
136. 4
138. 6
137. 3
160. 1
159.7 ' 160. 3 r 160. 0
144.4
145.2
147.8
146 7

do
do
do

221.2
233.0
174.1

238.0
251. 1

230.3
242.8

233.8
247.1

234.9
248.4

235.4
248.7

236.3
249 5

235.8
248.6

242.8
257,1

244.8
259.6

238.7
251.5

240.0
253.0

do
do
--do

170.8
162.5
179.5

166.1
161.7
166.1

169.7
162.0
171.4

168.5
163.2
171.1

167.7
163.2
173.5

167.1
162.8
172.7

166.8
163.5
178.5

166.5
163.5
177.0

163.1
160.1
160.1

159.8
157.0
151.4

159.4
157.0
152.1

Automotive products
Autos
Auto parts and allied products
Home goods 9
Appliances, TV, and radios
Furniture and rugs

do
do
do
do
do
do

173.2
162.8
186 8
184.0
180 2
180.3

148.6
128.2
175 6
178 2
180 3
168 0

160.0
138.4
188 5
179.4
178 1
170.3

158.4
136.1
187.8
180.0
178 9
170.6

166.4
156.0
180 I
178 4
182 6
165 5

170 3
163.0
179 9
177 7
178 8
164 9

172 8
163.8
184 7
182 5
192 3
165 2

167.5
163.3
173 1
183 7
198 6
164 9

133.1
108.5
165 6
179,0
189 9
164.4

110. 1
76.5
154 5
180 2
194 3
166 5

Apparel and staples
Apparel, incl knit goods and shoes
Consumer staples
Processed foods

do
do
do
do

157.1
138 5
162.4
136.6

160.3
133 0
168.1
139.4

159.0
133 4
166.2
139.6

160.7
133 8
168.4
140.2

159. 9
131 4

le&o

141 1

159.0
132 4
166 6
137 9

158 8
132 4
166 3
138 7

159
133
166
139

2
2
6
4

160.1
131 7
168.1
139 3

do
do
do
do

146.8
209 0
147 1
199.6

147 2
218 8
144 7
215 4

146.1
216 5
146.1
207.2

150.1
218 6
146.0
212.6

142.2
219 6
146 9
212 3

142 6
217 4
147 6
213 7

141
217
142
212

144
213
143
213

7
9
1
5

E quipment , including defense 9
do
Business equipment
...do
Industrial equipment
do
Commercial equipment
do
Freight and passenger equipment do
Farm equipment
_
do

188.6
195.6
179 1
220.0
246.7
136.8

175.4
187.6
175 8
216 1
213 9
130 9

186.3
198.0
186 8
225 0
226.1
134.6

179.9
193.0
182 1
223 4
215.4
130.4

177.3
188.7
175 8
220 4
216 8
127 4

176.3
188.0
175 2
220 4
213 8
128 6

173.7
186.1
174 6
218 3
207 3
126 0

173.0
185.9
173 3
214 2
214 3
133 2

do
do
do
do
do

174 6
165.5
163 9
191.9
152.4

170 2
155.0
142 1
177 2
146 9

171 7
159.1
143 0
189 8
148 8

171.9
159.6
143 6
183 8
148.8

170 4
157,5
146 0
177 5
146 8

171 2
157.' 8
155 4
176 6
145 1

171 4
158.4
156 0
178 4
146 3

171 2
157.4
161 3
175 9
147 3

do
do
do
do

183.9
166.6
168.6
165 5

185.9
164 0
167 4
162 2

184.7
164 8
165 0
164 7

184.6
164.5
166.2
163 7

183.8
162 1
168 2
159 1

184.9
163 4
166 0
162 1

184.9
164 9
161 9
166 4

185.4
165 0
167 5
163 7

Business fuel and power9
do
158.2
166.5
Mineralfuels
do
134.9
142 2
Nonresidential utilities
_
do
216.7
r
Revised.
» Preliminary.
<?See corresponding note on p. S-3.
9 Includes data for items not shown separately.

162.7
137 4
226.3

163.8
139.1
226.5

166.0
142 0
228*. 1

r
169.1 'r 169. 4 170. 8 173
165.4
166.6
167.5
169. 3
171.8
172.5
170.1
142 4
141 8 ' 144. 9 147
140 2
143 5
144 4
145 0
147 5
148 0
146 6
234.3 239. 3
228.6
229.4
227. 9
235.1
236.7
231.1
232.6
t Revised data back to 1961 for mfg. and trade invent., total, unadj. and seas, adj.; invent,
sales ratios for mfg. and trade, total and retail trade, total, durable, and nondurable, appear on
pp. 38 ft*, of the Oct. 1970 SURVEY. Revised data back to 1961 for mfg. and trade sales, total
seas, adj.; mfrs. sales and mfrs., invent., total, durable, and nondurable, seas, adj.; and invent.-sales ratios for mfg., total, durable, and nondurable are available upon request (see also
corresponding note on p. S-7).

Rubber and plastics products
Foods and beverages
Food manufactures
Beverages..

do
_ do
do
do

Tobacco products
Mlning__
.
Coal
_,_
Crude oil and natural gas..
Crude oil.
Metal mining
Stone and earth minerals

do

...

Utilities..
Electric.
Gas
By market groupings:
Final products, total c?
Consumer goods
Automotive and home goods

Beverages and tobacco
Drugs, soap, and toiletries
Newspapers, magazines, books
Consumer fuel and lighting

Materialsd*
Durable goods materials 9
Consumer durable
Equipment
Construction
.
Nondurable materials 9
Business supplies. _
Containers
General business supplies




do
do
do_.
do
do
do

9
4
9
8

121.9

125.7

r

139.3
143
135
140

242. 2

245.0

162.9 ' 163. 4 ' 163. 0
162.4 ' 164. 5 ' 164. 6
162.5 ' 172. 4 175.3

163.4
166.2
178.4

163.1
166.7
179

112.2
78.1
157 0
180 0
188 1
169 3

145.9 r 166. 3 ' 174. 4
131.9 r 155.1 r 168.1
164 3 T 181 1 r 182 8
174 0
175. 9
176 6
169 1 r 173 9 »• 172 8
170.5 T 171 4 ' 172. 4

176.0
167.3
187.4
180.2
179. 7
174. 2

169
154

158.9
131 6
166.7
135 2

158 6
125 2
168 0
138 3

162.3
131 3
171.1
141 0

171. 2

173

149 0
215 5
140 5
219 2

148 1
215 0
140 8
221 7

147
220
143
9
17

159 0
152 1 * 155 1
222 3
296 8 r 222 2 r 220 7
145 5 ' 144 9 143 0
144 7
219 6
218 0 r 218 1

169.6
182.3
170 5
210 5
133 6

165.9
178.9
169 7
207 0
193
7
198 0

164.5
177.8
167 9
205 7
194 6
130 8

164.2
177. 9
166 8
204 3
9Q2 3
127 0

161. 3 ' 159. 4
174.3 ' 173. 0
164 4 rr 1§2 3
200 7 T 199 3
9
196 4
03 6
121 9
96 7

168 9
151.9
143 6
173 1
146 1

164 8
144.3
110 *J
166 7
144 2

163 8
14l! 9
111 2
164 1
140 6

166 0
147.0
139 0
163 6
142 0

T
167 8
168 0
149.7 r 150. 3
151 3 r 153 o
162 9 rr 1(30 f)
148 3
148 6

186.4
161 2
163 1
160 3

186.0
159 5
164 1
157 2

186.3
160 7
164 2
158 I)

185. 97
162
166 5
160 0

187.0
163 9
174 4
158 7

9Q6 5

5
1
'-*
2

241.5 f 245. 2
259.1
254.6

r

162 1

r 130 0

T
T

171. 2
141 4

161.2
129 0
' 170, 3
138 4

r

r

r
r
r

140.3

r

r

157.3
170, 5
160 3
198 3
191 1

155.7
170

168 0
151. 4
150 6
161 2
149 1

169. 1
153

185. 8 ' 185. 2
155 2
160 1
153 1
166 2
r 157 i
156 3

186

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS

1969

1971

1970

1970
Mar.

Annual

S-5

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES §
Mfg. and trade sales (unadj.), total f..

mil. $__ 1,245,058 1,277,862 106, 480 105, 633 107, 931 112,046 104, 249 105,856 109,585 110,244 104,918 113,178 100,026 ' 104,558 113, 714
do

1,245,058 1,277,862 105, 487 105, 087 106, 847 107, 612 108, 393 108,175 108,074 106,224 104,917 107,019 ' 108,996 ' 110,748 111, 886

Manufacturing , total f _
Durable goods industries
Nondurable goods industries

do
do
do

1656,717 1 666, 648 55, 223
364, 983 361, 527 29, 757
291, 734 305, 121 25, 466

54, 539
29, 633
24, 906

55, 661
30, 488
25, 173

56,438
30, 638
25, 800

57, 025
31,315
25, 710

56,696
31, 270
25,426

56, 475
30, 863
25, 612

54,936
29,369
25,567

54, 068
28, 815
25, 253

55, 820
30, 024
25, 796

Retail trade, total
Durable goods stores
Nondurable goods stores _

do
do
do

»351,633
112, 779
238,854

30, 536
9,340
21, 196

30, 502
9,320
21, 182

30, 518
9, 411
21, 107

30, 729
9,487
21,242

30, 781
9,503
21,278

30, 885
9, 556
21, 329

30,534
8, 927
21,607

30, 208
8,380
21, 828

30, 481 ^31,154 r 31,611 32, 183
8,659 r 9, 480 ' 9, 785 10, 132
21, 822 ' 21 ,674 ' 21,826 22, 051

Merchant wholesalers, total
Durable goods establishments
Nondurable goods establishments

do
do
do

1236,708 1 246, 643
109, 578 111,778
127, 130 134, 865

20, 012
9,034
10, 978

20,684
9,394
11, 290

20, 656
9, 482
11, 174

20, 639
9, 423
11,216

20, 698
9,420
11,278

20, 714
9,435
11, 279

20,754
9, 410
11,344

20, 641
9, 273
11, 368

20, 718
9,226
11,492

170,161

172,095 169,284

Mfg. and trade sales (seas adj.), total f

1 364, 571 29, 801
9,134
109, 694
254, 877 20, 667

20,463
9,300
11, 163

56,504 ' 57,803
30, 545 ' 31,352
25, 959 ' 26,451

21, 338 ' 21,334
9, 430 "9,458
11, 908 ' 11,876

58, 317
31, 958
26, 359

21, 386
9, 636
11, 750

BUSINESS INVENTORIES §
Mfg. and trade inventories, book value, end of year
or month (unadj.), total f mil $

163, 375

169, 284 167, 211 168, 961 168, 391 168, 014 167, 832

167,367

168,045

Mfg. and trade inventories, book value, end of year
or month (seas, adj.), total t
mil $

164,917

171, 136 166, 149 167, 059 166, 734 167, 375 168, 635

Manufacturing, total f
Durable goods industries
Nondurable goods industries
Retail trade, total t
Durable goods stores
Nondurable goods stores
Merchant wholesalers, total .
Durable goods establishments
Nondurable goods establishments

do
do
do
do
do
do
do
do
do

170,188 ' 171,754 173, 574

169,364

170,038 170, 352 170,873 171,136 171,431 ' 171,758 172, 281

95, 931
63,547
32, 384
44, 623
19, 980
24, 643
24,363
14, 579
9,784

99, 614
65,548
34,066
44, 918
19, 040
25, 878
26, 604
15,565
11, 039

96, 982
64, 263
32, 719
44, 325
19, 471
24, 854
24, 842
14, 781
10, 061

97, 791
64, 689
33, 102
44, 326
19,426
24, 900
24, 942
14, 773
10, 169

97, 635
64, 447
33, 188
44, 109
19, 346
24, 763
24, 990
14, 763
10, 227

97, 706
64, 395
33, 311
44, 527
19, 552
24, 975
25, 142
14, 855
10, 287

98,260
65, 079
33, 181
44, 965
19, 739
25, 226
25,410
15,066
10, 344

98,488
65, 290
33, 198
45, 453
20, 119
25, 334
25,423
15, 165
10,258

98, 658
65, 323
33, 335
45, 691
20, 270
25, 421
25, 689
15, 275
10, 414

99,466
65,628
33,838
44, 883
19, 291
25, 592
26,003
15,369
10,634

100,032
65,920
34,112
44, 507
18, 542
25, 965
26,334
15,451
10,883

99, 614
65,548
34, 066
44, 918
19,040
25, 878
26, 604
15, 565
11,039

99, 801
65, 610
34,191
44, 984
18, 987
25, 997
26, 646
15, 653
10, 993

' 99,520
r 65,347
' 34,173
45,432
19, 480
25,952
' 26,806
' 15,840
' 10,966

99, 210
65, 311
33, 899
46,416
20, 131
26, 285
26, 655
15, 653
11,002

BUSINESS INVENTORY-SALES RATIOS
Manufacturing and trade, total t
Manufacturing, total t_.
Durable goods industries t
Materials and supplies
Work in process .
Finished goods
Nondurable goods industries f
Materials and supplies
Work in process
Finished goods,...
..
Retail trade, total t
Durable goods stores
Nondurable goods stores

ratio

1.53

1.58

1.58

1.59

1.56

1.56

1.56

1.57

1.57

1.60

1.63

1.60

1.57

'1.55

1.54

do
do
do
do
do

1.69
1.99
.56
.93
.50

1.76
2.15
.58
1.00
.56

1.76
2.16
.60
1.01
.56

1.79
2.18
.59
1.02
.57

1.75
2.11
.57
.99
.55

1.73
2.10
.57
.99
.54

1.72
2.08
.56
.98
.54

1.74
2.09
.56
.98
.55

1.75
2.12
.57
.99
.56

1.81
2.23
.60
1.04
.59

1.85
2.29
.62
1.06
.61

1.78
2.18
.60
' 1.00
.58

1.77
2.15
.59
.98
.58

' 1. 72
'2.08
.57
'.95
.57

1.70
2.04
.56
.92
.56

do
do
do
do

1.31
.48
.21
.62

1.30
.47
.20
.64

1.28
.47
.19
.62

1.33
.48
.20
.65

1.32
.47
.20
.65

1.29
.46
.19
.64

1.29
.46
.19
.64

1.31
.47
.19
.65

1.30
.46
.19
.65

1.32
.47
.19
.66

1.35
.49
.20
.67

1.32
.48
.19
.65

1.32
.47
.19
.65

'1.29
.47
.19
'.64

1.29
.46
.19
.64

do
do
do

1.47
2.05
1.19

1.47
2.13
1.18

1.49
2.13
1.20

1.45
2.08
1.17

1.45
2.08
1.17

1.46
2.08
1.18

1.46
2.08
1.19

1.48
2.12
1.19

1.48
2.12
1.19

1.47
2.16
1.18

1.47
2.21
1.19

1.47
2.20
1.19

1.44

'2.00
1.20

'1.44
'1.99
'1.19

1.44
1. 99
1.19

1.19
1.53
.89

1.23
1.61
.92

1.21
1.59
.90

1.25
1.64
.93

1.21
1.57
.91

1.22
1.57
.92

1.23
1.60
.92

1.23
1.61
.91

1.24
1.62
.92

1.25
1.63
.94

1.28
1.67
.96

1.28
1.69
.96

1.25
1.66
.92

'1.26
1.67
.92

1.25
1.62
.94

17, 189

20, 122

1,847
1,727

1,739
1,717

1,779
1,722

1,829
1,774

1,583
1,776

1,517
1,676

1,750
1,770

1,675
1,668

1,529
1,523

1,785
1,621

1,550
1,644

'1,838
'1,894

2,083
1,959

656, 717

666, 648

57, 173

55, 646

56, 358

59, 340

52, 134

54,829

58, 436

56,638

53, 996

54, 154

52, 943 '58,523

60, 472

30,041
1,610
4,509
1,960

28, 668
1,422
4,266
1,844

29,485
1,421
4,269
1, 958

28, 530 '31,946 33, 649
1,377 ' 1,471
1,605
4,606 ' 5, 022 5,375
2,208 ' 2, 394 2, 573

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 f
Durable goods industries, total?
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills

do
do._
do._
do
do

364, 983
17, 219
57, 137
26, 493

361, 527
17, 858
57, 022
25, 837

31, 248
1,464
4,994
2,229

30, 499
1,471
4,724
1,960

31, 300
1,529
5,071
2,292

32, 845
1,643
5,205
2,386

27, 880
1,486
4,440
2,114

29, 091
1,579
4,701
2,205

31,664
1,627
4,955
2,311

r

Fabricated metal products.
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products

do
do
do
do
do
do

37, 024
64, 551
46, 726
91, 480
50, 144
13, 563

38, 837
65, 461
47, 143
86, 234
44, 142
13, 682

3,246
5,844
3,870
7,630
3,898
1,223

3,096
5,593
3,747
7,834
4,033
1,112

3,239
5,695
3,832
7,943
4,300
1,119

3,511
5,877
4,171
8,161
4,624
1,247

3.107
5,077
3,607
6,270
3,037
1,065

3,268
5,194
3,859
6,255
2,882
1,148

3,464
5,622
4, 295
7,220
3,747
1,233

3,340
5,315
4,209
6,702
3,167
1,152

3, 218
5,125
4,165
6, 498
3,048
1,105

3,157
5,297
4,167
7,426
3,816
1,084

N on durable goods industries total 9
Food and kindred products
Tobacco products
Textile mill products

do
do
do
do

291, 734
96, 717
5,121
21, 262

305, 121
103, 869
5,443
21, 080

25, 925
8,717
430
1,862

25, 147
8,396
439
1,729

25, 058
8,428
456
1,709

26, 495
9,062
454
1,834

24, 254
8,225
473
1,511

25, 738
8,585
472
1,742

26, 772
9, 294
480
1,879

26,597
9, 181
467
1,910

25, 328
8,714
459
1, 793

24, 669
8,673
492
1,724

26, 951
48, 698
24, 555
16, 552

28, 282
49, 611
26, 028
17,968

2,430
4,392
2,085
1,618

2,347
4,310
2,118
1,519

2,328
4,376
2,139
1,537

2,422
4,383
2,215
1,623

2,237
3,889
2,126
1,463

2,388
4,172
2,189
1,493

2,424
4,276
2,166
1,521

2,447
4,128
2,186
1,523

2,340
3, 949
2,178
1,404

2,294
3,696
2,292
1,306

do

55, 223

54, 539

55, 661

56, 438

57, 025

56, 696

56, 475

54,936

54, 068

55, 820

56, 504 '57,803

do
do
do
do

29, 757
1,502
4,692
2,037

29, 633
1,443
4,426
1,780

30, 488
1,475
4,786
2,099

30, 638
1,519
4,834
2,201

31,315
1,517
4,891
2,259

31, 270
1,470
4,935
2,287

30, 863
1,482
5,049
2, 422

29,369
1,470
4, 592
2, 069

28, 815
1,454
4, 452
2, 009

30, 024
1,590
4,621
2,200

30, 545 '31,352 31, 958
1,613 ' 1, 614 1, 649
4,746 ' 4, 805 5,042
2,352
2,253 ' 2, 308

Fabricated metal products
do
3,032
3,189
3,178
Machinery, except electrical
do
5,350
5,427
5,596
Electrical machinery
do
3,835
3,993
3,719
Transportation equipment
do
7,150
7,549
7,484
Motor vehicles and parts
do
3,806
3,563
3,905
Instruments and related products
do
1,205
1,144
1,137
' Revised.
1 Based on data not seasonally adjusted. 2 Advanceestimate ; total mfrs.
shipments for Mar. 1971 do not reflect revisions for selected components, §The term "b jsiness here includes only manufacturing and trade; business inventorie 3 as sho^m on p. S-l
cover data for all types of producers, both farm and nonfarm. Unadjusted data for ]tnanufact ur-

3,265
5,418
3,962
7,562
4,124
1,175

3,323
5,567
3,995
7,857
4,328
1,168

3,231
5,570
3,993
7,981
4,489
1,140

3,365
5,555
4,042
7, 169
3, 630
1,146

3,215
5,372
4,010
6,538
2,877
1,111

3, 294
5,291
4,047
6,264
2,853
1,078

3,263
5,275
4,110
7,168
3,879
1,039

Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products..
Shipments (seas, adj.), total t
By industry group:
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills




do
do____
do
do

2,900
5,090
3,693
7,236
4,318
985

' 3, 182
'5,717
' 4, 072
'8,414
' 4, 991
' 1, 087

3, 247
6, 020
4,153
9, 000
5,276
1, 090

24, 413 '26,577 26, 823
8,350 ' 8, 926 9, 063
463
436
'448
1,730 ' 1, 890 2,013

2,328
3, 907
2,237
1,373

3,230
5,603
3,989
7,324
4,203
1,115

'
'
'
'

2, 479
4, 371
2, 317
1, 544

' 3, 189
' 5, 507
'4,017
' 8, 108
' 4, 762
' 1, 115

2, 532
4,351
2, 222
1, 599
58, 317

3,188
5,577
3, 993
8,387
4,812
1,073

ing an3 shown 1;>elow an 3 on p. S -6; those for whol ssale and retail tr ade on p p. S-ll a nd S-12.
9 In1 See corre spondin^; note on p. S-12.
tSee corresponding no tesonpp S-4 and S-7.
eludes data for items no t shown separate y.

SUKVEY OF CURRENT BUSINESS

S-6
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

|

1970

Annual

May 1971
1971

1970
Mar.

Apr.

May

Jane

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSf-Contimied
Shipments (seas, ad j.)f— Continued
By industry group:
Nondurable goods industries, total 9 mil. $
Food and kindred products..
do
Tobacco products
.
do
Textile mill products .
do
Paper and afiied 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
Producers' capital goods industries
do

25, 466
8,759
444
1,819
2,356
4,244
2,123
1,551

24,906
8,587
454
1,736
2,326
4,000
2,139
1,441

25, 173
8,541
444
1,740
2,325
4,200
2,156
1,484

25, 800
8,837
417
1,751
2,316
4,168
2,127
1,536

25, 710
8,538
459
1,783
2,418
4,166
2,136
1,598

25,426
8,547
445
1,691
2,366
4,184
2,165
1,541

25, 612
8,750
471
1,752
2,351
4,122
2,131
1,527

25, 567
8,822
478
1,744
2,382
4,043
2,179
1,454

25,253
8,653
454
1,718
2,363
4,070
2,166
1,431

25, 796
8,774
495
1,818
2,388
4,146
2,315
1,358

25, 959 26, 451
8,787 '8,960
'471
483
1,910 ' 1,919
2,433 ' 2, 453
4,128 ' 4, 372
2,320 ' 2, 317
1,474 ' 1, 531

4,809 ' 4, 805 4,887
11, 162 '11, 432 11, 526
9,148 ' 9, 218 9,411
5, 382
4,764 ' 5, 331
4,762 ' 4, 818 4,878
21, 859 '22, 199 22, 233

26, 359
9,104
479
1,972
2,454
4,204
2, 263
1,534

157,935
i 124, 395
i 108, 385
157,175
1 54, 130
1254,697

1 55, 645
1 132, 505
1111,011
1 51, 446
154,728
1261,313

4,446
11, 141
9,193
4,199
4,440
21, 804

4,424
10, 920
9,270
4,423
4,326
21, 176

4,585
10, 870
9,483
4,523
4,452
21, 748

4,889
11, 222
9,079
4,789
4,554
21, 905

4,816
10, 918
9,345
4,966
4,643
22, 337

4,608
10, 922
9,481
5,084
4,627
21, 974

4,759
11,143
9,393
4,247
4,716
22,217

4,716
11,220
9,373
3,453
4,595
21, 579

4,632
11,023
9,125
3,410
4,635
21,243

4,871
11,271
8,864
4,443
4,792
21, 579

126,951
i 50, 144
124,511
1 75, 694

l 24, 994
i 51, 038
1 24, 308
i 78, 137

2,046
4,292
1,943
6,379

2,061
4,515
2,010
6,252

2,143
4,255
2,003
6,697

2,197
4,097
2,130
6,446

2,099
4,192
2,048
6, 727

2,005
4,291
2,112
6,687

2,104
4,269
2,121
6,630

2,085
4,524
2,184
6,423

2,051
4,230
2,036
6,567

2,183
4,040
2,021
6,512

do
do
do

95, 475
63, 106
32, 369

99, 119
65,084
34,035

97,504
64, 599
32, 905

98, 588
65, 285
33, 303

98, 625
65, 222
33, 403

98, 073
64, 779
33, 294

97, 921
64,838
33, 083

98, 145
65, 141
33,004

97,807
64,827
32,980

98, 542
65, 036
33,506

99,252
65,355
33,897

99, 119
65, 084
34, 035

99, 902 100, 075 99, 740
65,423 '65,643 65,664
34, 479 '34, 432 34, 076

Book value (seasonally adjusted), totalt
do
By industry group:
Durable goods industries, total 9
do
Stone clay and glass products
do
Primary metals
do
Blast furnaces, steel mills
...do

95, 931

99, 614

96, 982

97, 791

97, 635

97, 706

98, 260

98, 488

98,658

99, 466

100,032

99, 614

99, 801 '99, 520

99, 210

63,547
2,472
8,033
4,300

65, 548
2,648
8,862
4,717

64, 263
2,535
8,254
4,358

64, 689
2,574
8,544
4,571

64, 447
2,573
8,609
4,589

64, 395
2,558
8,598
4,608

65, 079
2,587
8,641
4,658

65, 290
2,626
8,738
4,726

65,323
2,658
8,734
4,669

65, 628
2,684
8,866
4,747

65,920
2,688
8,983
4,823

65, 548
2,648
8,862
4,717

65,610 '65, 347
2,663 '2,653
9,210
9,159
4, 958
4,939

65,311
2,648
9, 200
4,987

6,598
13, 216
9,373
15,584
4,173
2,460

6,928
14, 127
9,650
15,029
4,212
2,633

6,745
13, 447
9,551
15, 515
4,128
2,583

6,702
13, 572
9,587
15, 442
4,115
2,637

6,648
13, 618
9,454
15, 309
4,040
2,681

6,633
13, 703
9,521
15, 190
3,977
2,674

6,697
13, 876
9,690
15, 339
4,036
2,685

6,801
13, 861
9,676
15, 262
3,993
2,680

6,877
13,850
9,720
15,185
3,901
2,690

6,866
14,004
9,780
15, 162
4,021
2,650

7,011
14,043
9,734
15,191
4,097
2,626

6,928
14, 127
9,650
15, 029
4,212
2,633

6,990 ' 6, 969
14,013 '14,011
9,468 ' 9, 431
14, 913 '14, 692
4,105 ' 4, 080
2,648 ' 2, 621

7, 021
13,963
9,518
14, 622
4,087
2, 628

17, 606
2,828
5,571
3,295

17,900
3,108
5,698
3,199

17, 698
3,012
5,540
3,148

17, 570
3,027
5,565
3,117

17, 447
3,034
5,537
3,087

17, 438
3,046
5,608
3,029

17,470
3,035
5,592
3,081

17, 621
3,091
5,603
3,096

17,652
3,108
5,600
3,056

17, 708
3,162
5, 584
3,099

17,867
3,190
5,640
3,208

17,900
3,108
5,698
3,199

17, 954 '17, 877 17, 921
3,213
3,219 '3,230
5,744 ' 5, 774 5,802
3,015
3,121 '3,045

do
do
do
do

29, 790
2,759
10, 733
10, 717

30, 125
3,003
10, 995
10,337

30, 060
2,762
10, 875
10, 826

30, 309
2,891
10, 946
10, 783

30, 308
2,939
10, 940
10, 709

30, 263
2,921
10,984
10, 641

30, 605
2,939
11, 127
10, 717

30, 555
2,940
11,055
10,649

30,539
2,955
11,042
10,669

30, 522
2,975
11, 139
10, 595

30,551
3,036
11,107
10,492

30, 125
3,003
10,995
10,337

30, 076 '29, 747
3,128 '3,094
10, 732 '10, 655
10, 310 '10, 163

Finished goods 9
do
Primary metals
.
do
Machinery (elec and nonelec ) do
Transportation equipment
do

16, 151
2,446
6,285
1,572

17, 523
2,751
7,084
1,493

16, 505
2,480
6,583
1,541

16, 810
2,626
6,648
1,542

16, 692
2,636
6,595
1,513

16, 694
2,631
6,632
1,520

17,004
2,667
6,847
1,541

17, 114
2,707
6,879
1,517

17,132
2,671
6,928
1,460

17, 398
2,729
7,061
1,468

17,502
2,757
7,030
1,491

17, 523
2,751
7,084
1,493

17, 580 '17, 723 17, 844
2,812 ' 2, 886 2, 962
7,051
7,005 ' 7, 013
1, 452
1,482 ' 1, 484

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

32, 384
7,240
2,198
3,525
2,644
6,625
2,255
1,886

34,066
7,708
2,179
3,284
2,831
7,188
2,539
1,968

32, 719
7,487
2,159
3,423
2,686
6,640
2,345
1,958

33, 102
7,579
2,165
3,427
2,713
6,704
2,374
1,948

33, 188
7,581
2,142
3,431
2,697
6,798
2,414
1,920

33,311
7,563
2,142
3,380
2,738
6,895
2,446
1,915

33, 181
7,457
2,145
3,383
2,754
6,921
2,380
1,930

33, 198
7,336
2,171
3,381
2,758
6,943
2,422
1,908

33,335
7,376
2,168
3,338
2,762
7,015
2,417
1,935

33, 838
7,632
2,185
3,397
2,756
7,069
2,461
1,949

34,112
7,743
2,223
3,330
2,784
7,154
2,555
1,959

34,066
7,708
2,179
3,284
2,831
7,188
2,539
1,968

34, 191 '34, 173 33, 899
7,863 ' 7, 857 7,738
2,187 ' 2, 239 2, 179
3,245 ' 3, 262 3, 275
2,821 ' 2, 791 2, 766
7,147 ' 7, 173 7,167
2,529 ' 2, 490 2, 444
1,953
1,940 ' 1, 940

11, 821
5,072
15, 491

12,402
4,917
16, 747

11,936
4,958
15, 825

11, 950
4,993
16, 159

11,921
5,013
16, 254

11,910
5,002
16, 399

11, 849
4,977
16, 355

11, 856
4,896
16, 446

11,877
4,887
16,571

12, 117
4,940
16, 781

12,260
4,973
16,879

12, 402
4,917
16, 747

12, 308 '12,311
4,962 '4,949
16, 921 '16, 913

9,924
12, 102
25, 862
5,299
7,980
34,764

10,123
12, 740
26, 321
5,344
8,273
36, 813

9,845
12, 438
26,003
5,255
8,006
35,435

9,930
12, 565
26, 185
5,245
8,035
35, 831

9,847
12, 554
26, 119
5,161
8,016
35, 938

9,813
12, 587
26, 241
5,094
8,026
35, 945

9,892
12, 465
26, 613
5,181
8,086
36, 023

10, 037
12, 415
26, 456
5,136
8,173
36, 271

10,040
12,497
26,472
5,045
8,246
36,358

10, 158
12, 679
26, 439
5,194
8,306
36, 690

10,142
12,783
26,404
5,244
8,447
37,012

10, 123
12, 740
26, 321
5,344
8,273
36,813

10,065
12, 947
26, 268
5,224
8,328
36, 969

5,097
13, 173
7,459
16, 353

5,179
12,088
6,493
17,808

5,169
13,015
7,326
16, 715

5,169
12, 941
7,359
16,911

5,050
12, 872
7,189
16, 898

5,018
12,816
7,104
17, 026

5,108
12, 906
7,143
17, 285

5,159
12,761
7,056
17, 337

5,159
12,710
6,986
17,418

5,195
12, 429
6,803
17, 659

5,185
12,341
6,675
17,719

5,179
12, 088
6,493
17, 808

5,061 ' 5, 052 5, 094
12, 129 '11,998 11,837
6,189 ' 6, 020 6,017
17,652 '17, 598 17, 614

-do.... 659, 191 660,104
do
367, 482 354,839
do
291, 709 305, 265

56, 352
30, 412
25, 940

54, 802
29, 594
25, 208

54, 909
29, 825
25, 084

58, 582
32, 147
26, 435

52, 422
28, 171
24, 251

53, 841
28, 152
25, 689

57,977
31,166
26,811

55, 632
28, 936
26, 696

53,611
28,245
25,366

54, 679
30,003
24, 676

54, 508 '59, 630
30, 090 '33, 027
24,418 '26, 603

60, 191
33, 347
26, 844

do ... 1659,191 1660,104

54, 339

53, 374

55, 139

55, 778

57,111

55, 968

55,523

54, 190

54,291

56,431

57, 377 '58, 288

57, 892

31, 405 '31, 867
5,428 ' 5, 100
2, 906 ' 2, 543

31,504
5,178
2, 431

Inventories, end of year or month :f
Book value (unadjusted), total..
Durable goods industries, total
Nondurable goods industries total

Fabricated metal products
do
Machinery, except electrical
_.do
Electrical machinery.
do.
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products. .do
By stage of fabrication:
Materials and supplies 9
do
Primary metals
do
Machinery (elec. and nonelec.)...do
Transportation equipment
do
Work in process 9
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
Producers' capital goods industries
do
New orders, net (not seas, adj.), totalt
Durable goods industries, total
Nondurable goods industries total
New orders, net (seas, adj.), totalf
By industry group:
Durable goods industries, total 9 .
Primary metals
Blast furnaces, steel mills

do
do
.do

367, 482
58, 491
27, 281

354, 839
56,289
25, 793

28, 861
4,547
1,948

28, 449
4,739
2,036

29, 977
4,874
2,234

30, 028
4,932
2,302

31, 399
4,894
2,387

30, *37
4,842
2,310

29,856
4,709
2,253

28,504
4,348
1, 977

29,009
4,544
2,057

30, 602
4,962
2,586

do
do
do "
do
...do

37, 736
66, 966
47, 030
89, 418
30, 952

39,229
64, 130
46, 887
82,102
29,931

3,238
5,149
3,726
6,660
2,700

2,943
5,287
3,705
6,386
2,048

3,391
5,468
4,052
6,830
2,597

3,509
5,172
3,722
7,304
2,384

3,220
5,401
4,113
8,076
3,047

3,304
5,367
3,921
7,559
2,677

3,524
5,346
3,606
7,026
2,409

3,302
5,253
3,954
6,062
2,255

3,333
5,351
4,051
6,310
2,610

3,291
5,412
4,354
7,017
2,449

Nondurable goods industries, total
do
291, 709 305, 265 25, 478 24, 925 25, 162
Industries with unfilled orders©
do _
6,810
6,869
6,900
80, 276
83,188
Industries without unfilled ordersl
do
211,433 222, 077 18, 578 18, 056 18, 352
r
2
Revised. 1 Based on data not seasonally adjusted.
Advance estimate; total mfrs.
new orders for Mar. 1971 do not reflect revisions for selected components.
fSee correspondDigitized foringFRASER
no!e on p. S-7.
9 Includes data for items not shown separately.
©Includes textile
mill products, leather and products, paper and allied products, and printing and publishing
http://fraser.stlouisfed.org/

25, 750
6,925
18, 825

25, 712
7,129
18,583

25, 431
6,861
18, 570

25,667
6,952
18,715

25, 686
7,053
18, 633

25,282
6,902
18,380

25, 829
7,112
18,717

Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts

Federal Reserve Bank of St. Louis

2,104
3,961
1,913
6,672

2,916
5,419
3,985
7,872
2,466

' 2, 124
2,246
'4,048
4, 240
' 1, 898 1,903
6, 672
'6,700

29,546
3,025
10, 628
10, 155

12,164
4,927
16, 808

'10, 044 10, 042
'12, 994 12, 841
'26, 086 25, 967
' 5, 188 5,188
' 8, 355 8,373
'36, 853 36, 799

'
'
'
'
'

3, 075 3,113
5,671
5, 462
3, 958 3, 927
8, 599 7,771
2, 398
2, 138

25, 972 '26, 421
7,154 ' 7, 175
18, 818 '19, 246

26, 388
7,274
19, 114

industries; unfilled orders for other nondurable goods industries are zero.
HFor these industries (food and kindred products, tobaccfl^roducts, apparel and related
products, petroleum and coal products, chemicals and allied products, and rubber and plastic
products) sales are considered equal to new orders.

May 1971

S-7

SURVEY OF CURRENT BUSINESS

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

Mar.

Annual

1971

1970

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

4,804 r 4, 799
11, 159 ' 11, 436
9, 742 ' 9, 850
4,782 ' 5, 353
4,420 '4,685
22, 472 '22,165

4,914
11,538
8, 937
5,372
4,833
22, 298

' 2, 113
' 3, 618
2, 357
'7, 518

2,268
3,669
1,653
6,644

Feb.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSf -Continued
New orders, net (seas, ad j.)f— 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)
Producers' capital goods industries

mil. $
do
do
do
do
do

2 57, 779
2124,360
2
109 426
2 57, 315
2 54, 710
2255,601

2 55, 491
2 132, 528
2 108, 339
2 50, 696
2 54, 991
2 258, 060

4,502
11, 141
8 551
4,110
4,453
21, 582

4,397
10, 920
8,262
4,404
4,262
21, 129

4,553
10, 867
9 074
4 334
4,620
21, 691

4 843
11,215
8 438
4 748
4 657
21, 877

4,753
10, 915
9 804
4 980
4,498
22, 161

4,635
10, 936
8 966
4 981
4 743
21, 707

4,751
11, 146
8 983
4 184
4,941
21,518

4 651
11, 238
9 180
3 422
4 753
20, 946

4,650
11,031
9 349
3,286
4,672
21, 303

4,908
11, 270
9,226
4,497
4,779
21, 751

do
do
do
do

2 26, 811
2 47, 317
2 23, 118
2 78, 640

2 24, 878
2 47, 185
2 23, 455
2 77 149

2,106
3,985
1 579
5 998

2,026
3,425
1,381
5,984

2,124
4,083
1 893
6 302

2 163
3,511
1 850
6 281

2 041
4,773
3 067
6 411

2 030
4,056
1 846
6 299

2,107
3,482
2 005
6 759

2 015
3,954
2 125
6 552

2,074
4,077
2 016
6,873

2,222
4,181
2,051
6,554

88, 412
85, 445
2,967

81,871
78, 755
3,116

86 944
83 991
2,953

86,100
83, 086
3,014

84 653
81, 612
3,041

83 902
80 921
2,981

84 182
81, 205
2,977

83 200
80 270
2 930

82 747
79, 776
2,971

81,735
78 664
3,071

81,350
78, 243
3,107

81, 871
78, 755
3,116

83,437 '84,540
80,316 '81,394
3,121 ' 3, 146

84, 259
81, MO
3, 169

89, 221

82, 626

86, 487

85,322

84, 797

84, 146

84, 229

83, 492

82, 544

81, 797

82, 014

82, 626

83, 511 '83,994

83,568

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), totalf
.
mil. $
By industry group:
Durable goods industries, total 9
do
Primary metals
_
do
Blast furnaces steel mills
do

2,107
3,988
2,170
6,990

r

86,206
7,657
3,896

79 462 83 521
6,660
6,914
3 851 3 036

82, 337
6,973
3 292

81 824
7,061
3 427

81 221
7,159
3 527

81 301
7,162
3 656

80 561
7 066
3 678

79 559
6,726
3 509

78 693
6,481
3 417

78,883
6,573
3 465

79, 462
6,914
3,851

80, 330 '80,843 80, 386
8,031
7,597 ' 7, 894
4,504 ' 4, 739 4,818

do
do
do
do
do

10 684
17 202
13, 406
31 570
24, 293

11 088
15 839
13 148
27 432
20,306

10 433
16* 777
13 660
30 436
23*, 256

10 344
16 714
13 530
29 273
22, 201

10 556
16 586
13 587
28 619
21, 943

10 802
16 344
13' 350
28 359
21, 599

10 699
16 176
13 468
28 578
21,850

10
15
13
28
21

773
972
394
154
696

10 931
15 763
12 960
28 013
21^302

11 019
15 646
12*900
27 537
20, 567

11 060
15 702
12' 904
27 583
20, 456

11 088
15 839
13, 148
27 432
20,306

10 774
15 656
13, 144
27 981
20, 336

Nondur goods ind with unfilled orders© do

3 015

3 164

2 966

2 985

2 973

2 925

2 928

2 931

2 985

3 104

3 131

3 164

do
do
do
do

2,014
48 253
10 767
28, 187

1 879
44 804
11 028
24 915

2
47
10
26

1 827 1 869
1 984 1 949 1 899
46 412 45 812 45 133 45 607 44 987
10' 379 10 546 10 648 10 504 10 621
26 547 26 490 26 466 26 291 26 015

1 864
44 516
10 845
25* 319

do
do
do
do

1,633
30 246
20, 372
24 993

1 516
26 442
19 506
23 958

1,642
29 318
19 937
24 881

1,607
28 228
19 308
24 613

1 589
28 054
19* 198
24 221

1 557
27 468
18 917
24 059

1,495
28 049
19 936
23 742

274 267

266 086

22 901
21 383

23 706
21 939

21 952
22 267

23 4229
22 19

22 831
22 106

9 154
1,159
1,590
1 493
4,070
* 842

10 748
1 392
1 687
2 035
4 650
984

921
113
153
180
394
81

992
137
174
167
419
95

891
109
164
145
388
85

912
143
132
157
396
84

916
126
123
191
398
78

1 142 113 1 887 754 120 021
126, 537 298 736
7 679
171 717 231 533 13 258
406, 450 817,841 46,399
265, 122 360 603 30 333
172 287 179 041 22 352

1 ^1 RQR

1 47 QQQ

21 137
17 978
39, 958
32 972
19 853

9 289
19 306
83, 118
23 774
12 401

43 7

42 1

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)
Producers' capital goods industries

Oil
439
443
594

' 10, 661
'15,610
' 13, 084
'28,471
' 19, 859

3 181 ' 3, 151

10 583
15,704
13,018
27,856
19, 383
3 182

1 818
1 841 1 879
44 °91 44 388 44 804
11*003 11 041 11 028
24 685 24 744 24 915

1,874 ' 1, 870 1,909
45 418 '46,069 45, 584
10 687 ' 10, 555 10, 508
25 532 ' 25, 500 25, 567

1 521 1,525
27 814 27 028
19 670 19 554
23 351 93 480

1,455
26 456
19 496
23 611

1,476
26 302
19 475
23 915

1,516
26 442
19 506
03 958

1,531
1,522 ' 1, 509
26 469 ' 26, 039 25, 466
19, 769 ' 20, 227 19, 977
24 277 ' 25, 093 25, 065

20 241
22 055

21 501
22 372

21 452
21, 625

19 178
22 383

20 699
22 085

23 372
22 338

910
131
160
157
382
80

906
111
118
199
391
87

BUSINESS INCORPORATIONS^ 1
New incorporations (50 States and Dist. Col.):
Unadjusted
number
Seasonally adjusted O
do
INDUSTRIAL AND COMMERCIAL
FAILURES^1
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

2

37 3

2 43 8

40 1

170 498 251 920 169 587 232 940
16* 680 29 155 63, 931 55, 678
21 229 29 049 15 169 15 044
93,' 485 144, 516 44, 034 91, 431
29 232 30 134 27, 434 54,970
9 872 19 066 19 019 15 817
43 4

46 8

19 698
20, 923

1,042
860
905
941
939
869
156
134
107
114
114
126
154
141
140
149
112
133
174
196
170
167
185
176
444
380
361
419
414
372
92
81
84
74
95
92
144 773 liq 836 121 723 168 803 150 903 224 646
19, 950
9,896 19, 963 26,' 235 11,567 95, 547
14,109 15 390 13 662 39, 145 13, 582 18, 128
67, 607 52, 624 45, 820 57, 073 76, 501 47, 949
29, 410 29, 809 25, 901 30, 785 30, 9dO 38, 132
13, 697 12 117 16, 377 15, 565 18, 293 24, 890

47 4

50 0

45 9

50 8

44 5

43 3

41.8

43.0

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 products9
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 §

do

275
220
298
173
166
154
252
594
323
331
400
162

280
227
307
182
177
162
236
603
326
344
405
152

289
221
329
175
167
157
217
603
346
336
442
170

281
220
301
180
167
161
203
603
334
334
429
147

282
233
380
187
171
160
228
603
324
329
418
133

281
232
316
189
173
153
261
603
323
323
421
132

286
235
290
191
174
151
276
603
330
331
423
148

276
226
265
191
176
161
246
608
319
339
403
137

281
235
306
185
190
170
273
610
320
350
391
153

274
229
261
193
187
173
251
590
313
359
379
136

270
231
284
187
184
175
247
605
304
366
352
145

265
225
279
177
192
170
204
610
300
365
343
148

271
232
305
178
199
171
216
611
304
361
357
144

284
238
326
182
201
173
233
612
323
355
403
136

284
245
387
178
201
170
251
612
317
353
393
134

282
243
342
18*
199
171
262
613
315
347
393
134

324
351
304

336
366
314

'333
362
' 312

334
364
313

334
365
312

335
366
313

335
366
313

335
367
312

339
369
317

340
369
319

340
371
319

341
372
320

343
372
322

346
376
325

'348
376
'32$

349
377
329

373

390

r 386

r 389

388

73
74
72
75
72
' Revised.
» Preliminary.
» Advance estimate; total mfrs. unfilled orders for Mar.
1971 do not reflect revisions for selected components.
2 Based on unadjusted data.
t Revised back to 1961 to reflect revisions in the mfrs.' sales and inventories series and the retail
inventories series. Data for mfrs.' sales, invent., and orders have been revised back to 1961
to for
reflect
new seas, factors and the introduction of a small number of other corrections. ReDigitized
FRASER
vised data back to 1961, new seas, factors, and other technical data appear in a special Census



407
'404
400
403
396
395
392
394
389
389
69
70
70
68
70
67
68
74
72
71
72
Bureau report entitled Mfrs.' Shipments, Inventories, and Orders: 1961-1970, Series M3-1.2
(available from the U.S. Government Printing Office, Wash., D.C., 20402; price $1.00).
©See corresponding note on p. S-6.
9 Includes data for items not shown separately.
^Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).
O Revisions for Jan. 1969-Jan. 1970 will be shown later.
..
§Ratio of prices received to prices paid (parity index).
JRevisions back to Jan. 19bt>
are available from the Dept. of Agriculture, Statistical Reporting Service.
390

SURVEY OF CURRENT BUSINESS

S-8
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS

1969

1970

Annual

May 1971

1970
Mar.

Apr.

May

June

July

1971

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

COMMODITY PRICES—Continued
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Unadjusted Indexes: t
All items
Special group indexes:
All items less shelter
All items less food
All items less medical care

109.8

116.3

114.5

115.2

115.7

116.3

116.7

116.9

117.5

118.1

118.5

119.1

119.2

119.4

119. 8

109.0
110.1
109.7

114.4
116.7
116.1

112.8
114.6
114.3

113.5
115.4
115.0

114.0
116.0
115.6

114.4
116.5
116.0

114.8
117.0
116.4

114.9
117.2
116.7

115.4
118.0
117. 2

116.0
118.9
117.9

116.3
119.6
118.3

116.8
120.2
118.8

117.0
120.3
118.9

117.4
120.4
119.1

118.0
120. 6
119.4

108.4
108.9
108.8
107.0
108.1
112.5
113.8

113.5
114.0
113.1
111.8
112.5
121.6
123.7

112.0
112.9
111.5
109.4
110.6
119.3
121.2

112.6
113.4
112.3
110.1
111.4
120.1
122.1

113.1
113.9
112.7
111.1
112.0
120.7
122.8

113.5
114.0
112.9
111.9
112.5
121.4
123.5

113.8
114.4
113.0
112.1
112.5
122.0
124.2

113.8
114.5
113.0
112.2
112.6
122.7
124.9

114.2
114.9
114.1
112.5
113.4
123.5
125.8

114.8
115.2
114.9
113.9
114.5
124.1
126.5

115.1
115.3
115.4
114.7
115.1
124.9
127.3

115.6
115.6
115.7
115.2
115.5
125.6
128.0

115.4
115.4
115.3
115.2
115.2
126.3
128.7

115.5
115.7
115.4
115.0
115.2
126.6
129.0

116. 1
116.4
115.7
115. 2
115.5
126.6
128. 9

108.9
110.8
106.7
109.3
110.8
113.3
105.7
116. 0
103.6
105.6
102.8
109.0
111.5
107.2
106.5
104.4
103.1
112.7
110.3
113.4
109.3
108.7

114.9
116. 5
111.8
113.4
118.9
123.6
110.1
128.5
107.6
110.1
107.3
113.4
116.1
112.7
111.1
107.6
104.3
128.5
116.2
120.6
113.2
113.4

114.2
117.1
110.9
113.3
116.9
121.1
108.8
125.5
106.1
108.2
105.8
112.4
114.6
109.7
108.0
106.4
96.8
125.5
114.2
118.2
112.2
111.2

114.6
117.7
111.0
114.6
117.6
121.9
109.1
126.5
106.7
108.3
106.6
112.8
115.0
111.2
109.7
106.3
99.7
125.5
114.9
119.1
112.4
111.9

114.9
117.4
111.3
116.4
118.2
122.7
109.4
127.5
106.8
108.4
106.7
113.2
115.7
112.1
110.5
106.1
104.9
126.1
115.4
119.7
112.8
112.6

115.2
117.1
111.6
118.6
118.6
123.5
109.8
128.5
106.6
108.6
106.3
113. 5
116.0
112.7
111.2
105.8
108.6
127.0
116.1
120.5
112.7
113.3

115.8
117.6
111. 9
117.0
119.2
124.0
110.1
129.0
107.5
109.6
106.6
113.7
115.3
113.4
111.7
105.7
108.5
129.3
116.6
121.3
113.1
113.7

115.9
117.8
112.1
114.9
119.9
124.9
110.5
130.0
108.0
110.1
107.3
113.9
115.4
112.7
111.0
105.5
106.3
129.4
117.2
122.0
113.7
114.2

115.7
117.0
112.5
111.5
120.6
125.9
110.9
131.3
108.4
111.4
107.6
114.2
117.2
113.0
111.2
105.1
104.9
131.2
117.7
122.6
114.0
114.7

115.5
116.1
113.1
110.0
121.2
126.5
111.4
131.9
109.2
112.5
108.8
114.5
118.2
115.2
113.4
110.8
107.2
131.3
118.2
122.8
114.4
115.2

114.9
114.3
113.5
109.4
121.9
127.1
111.8
132.5
110.7
113.9
109.9
115.1
119.0
116.0
114.2
112.5
108.8
132.5
118.7
123.4
114.5
116.0

115.3
113.7
113.6
110.6
122.6
127.9
112.6
133.4
111.3
114.9
110.7
115.3
119.2
116.9
115.2
114.1
109.5
133.4
119.1
124.2
115.0
116.2

115.5
113.1
113.9
109.6
122.7
128.0
112.9
133.4
112.1
116.7
111.5
115.4
117.6
117.5
115.8
115.4
107.0
133.9
119.8
124.9
115.3
117.3

115.9
113.6
114.0
112.6
122.6
127.3
113.6
132.3
113.1
117.2
112.8
115.9
118.1
117.5
115.8
115.2
105.5
134.4
120.2
125.8
115.4
117.5

117.0
115. 6
114.2
116.0
122.4
126.7
113.9
131.2
113.8
117.4
113.3
116.4
118.6
117.8
115.9
114.3
106.8
136.0
120. 6
126.8
115.8
117.7

110. 3
108. 9
»111.4

1113.4
i 112. 6
i 113. 8

116.9
114.5
118.7

116.3
113.5
118.2

115.0
111.3
117.5

113.8
112.1
114.8

112.9
113.6
112.4

112.9
115.3
111.2

112.0
114.3
110.5

110.9
113.0
109.5

109.2
109.7
108.8

107.2
108.3
106.4

107.1
108. 9
105.9

109.9
113.7
107.2

109.3
111.6
107.8

109.7
109.0
110.2

do

106.5

110.4

109.9

109.9

110.1

110.3

110.9

110.5

111.0

111.0

110.9

111.0

111.8

112.8

113.0

113. 3

do
do
do
do
do

108.3
105.9
106.6
106.5
106.9

112.2
109.8
110.4
109.9
111.9

114.7
108.7
110.0
109.7
110.7

113.9
109.2
109.6
109.2
110.8

113.3
109.6
109.7
109.3
111.1

113.5
109.8
110.0
109.6
111.3

114.3
110.2
110.6
110.3
111.6

111.3
110.4
110.1
109.5
111.9

113.0
110.6
110.8
110.4
112.3

111.3
110.9
110.9
110.1
113.8

108.7
110.9
111.4
110.5
114.2

108.6
111.0
111.5
110.5
115.1

110.7
111.5
112.2
111.3
115.6

115.9
111.8
112.8
112.0
115.9

114.3
112.6
112.9
112.1
116.0

115.2
113.1
113.0
112.1
116.1

By durability of product:
Durable goods
Nondurable goods. ..
Total manufactures. .
Durable manufactures
Non durable manufactures

do
do
do
do
do

107.9
105.3
106.2
107.7
104.6

112.4
108.9
110.2
112.0
108.2

111.5
108.8
109.3
110.9
107.5

111.8
108.5
109.6
111.3
107.7

112.2
108.5
109.7
111.7
107.7

112.4
108.7
110.0
112.0
107.9

112.5
109.6
110.6
112.2
108.7

112.6
108.8
110.6
112.3
108.6

112.8
109.6
110.8
112.5
108.8

113.8
108.9
111.2
113.6
108.6

113.7
108.8
111.2
113.6
108.6

113.8
108.9
111.2
113.8
108.5

114.5
109. 7
111.8
114.4
109.1

115.0
111.1
112.4
114.9
109.8

115.5
111.1
112.7
115.5
109.9

116.1
111.2
113.0
116.1
109.9

Farm prod., processed foods and feeds

Commodities
Nondurables
Nondurables less food
Durables 9
Commodities less food
Services
Services less rent

1967=100..
do
_do_ _
do
.

do
do
.. -do.. .
do
do
do
do

Food 9
do . .
Meats poultry, and
fish
do
Dairy products
do
Fruits and vegetables
_ . _ _ -do
Housing
_
_ _ do. .
Shelter 9
do
Rent
do
Homeownership
_ _ __ - . __do_ _
Fuel and utilities 9
do
Fuel oil and coal
do
Gas and electricity
do
Household furnishings and operation do
Apparel and upkeep
-do
Transportation
do
Private
do
New cars
do
Used cars
do
Public
do
Health and recreation 9
do
Medical care ..
do
Personal care
do
Reading and recreation
do
WHOLESALE PRICESo1
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities :t
22 Commodities
1967=100
9 Foodstuffs
.. _
do
13 Raw industrials...
do
All commodities t .
By stage of processing:
Crude materials for further processing.,
Intermediate materials, supplies, etc
Finished goodsO... _ _
Consumerfinishedgoods . . . . .
Producer finished goods

1
1

do

107.9

111.6

112.9

111.8

111.2

111.7

113.4

111.2

112.6

110.3

109.9

109.3

110.7

113.6

113.4

113.3

Farm products 9 __
do
Fruits and vegetables, fresh and dried-do
Grains
._
do
Live poultry
do
Livestock
do

108.8
109.3
90.3
109.6
117.0

111.0
111.6
98.8
99.6
116.7

114.6
116.3
92.7
110.9
128.2

111.6
110.9
95.2
101.1
123.4

111.3
121.6
95.9
102.2
120.9

111.6
120.3
96.7
95.1
121.7

113.4
110.8
96.7
100.0
124.8

108.5
98.0
96.7
94.6
117.3

112.1
111.6
109.0
99.8
113.6

107.8
100.8
104.1
93.4
110.6

107.0
107.7
104.2
95.2
101.2

107.1
111.3
108.0
80.5
99.5

108.9
115.7
111.0
96.3
102.2

113.9
118.3
111.7
100.0
118.9

113.0
125.3
108.4
100.1
114.9

113.0
120.8
106.8
99.5
116.9

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

107.3
106.0
102.6
108.2
107.9
113.8

112.0
112.9
107.6
111.2
110.4
115.8

111.8
111.2
105.6
109.2
108.7
121.0

111.8
111.5
106.4
110.8
109.6
119.0

111.1
113.0
106.4
111.1
110.2
116.7

111.7
113.0
106.4
111.1
110.5
117.8

113.3
113.1
107.4
111.3
110.9
120.3

112.9
113.7
108.0
111.7
111.6
116.7

113.0
114.1
109.2
111.4
112.0
115.1

111.8
114.5
109.9
112.0
111.1
110.9

111.7
114.7
110.6
112.2
111.6
108.8

110.7
114.3
110.9
112.8
111.0
104.3

111.8
115.0
111.0
112. 8
111.2
108.6

113.3
115.2
111.1
112.3
111.5
115.2

113.7
115. 3
111.5
115.0
111.9
112.9

113.5
115.6
111.5
115. 5
113.0
113.3

do

106.0

110.0

108.9

109.3

109.7

109.8

110.0

110.2

110.4

111.3

111.3

111.7

112.2

112.5

112.8

113.3

102.1
88.6
100.6
100.9
133.0
112.4

102.5
87.8
101.4
101.1
132.5
112.4

102.7
88.4
101.2
101.6
137.8
112.4

102.5
89.0
101.3
100.9
127.9
112. 4

103.0
89.5
101.5
101.2
144.4
112.7

103.3
89.5
101.5
101.6
151.5
112.7

103.3
89.4
101.4
101.8
150.9
112.8

103.8
91.7
101.8
101.9
133.7
114.5

104.2
92.6
101.9
102.4
142.6
114.5

104.5
93.9
102.2
102.6
144.3
115.1

104. 5
94.1
101.9
102.0
143. 0
115. »

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

99.9
86.7
100.3
99.8
109.1
109.1

102.2
88.4
100.9
101.1
133.3
112.4

101.6
88.8
99.9
101.1
125.7
112.4

102.0
89.2
100.5
100.7
132.3
112.4

102.2
88.5
100.8
100.7
131.4
112.4

Fuels and related prod., and power 9
Coal
.
Electric power.
Gas fuels
Petroleum products, refined

do
do
do
do
do

101.0
112.5
102.0
93.1
99.6

105.9
150.0
104.8
103.3
101.1

102.6
129.1
102.9
101.0
98.6

103.8
141.2
103.0
101.9
99.1

105.3
142.2
103.5
101.8
102.0

104.8
147.9
103.6
101.9
100.0

105.1
150.5
104.1
102.5
100.2

105.8
152. 8
104.8
102.6
100.9

107.1
160.0
105.4
106. 9
101.6

108.7
175.2
107.2
107.0
101.6

109.7
175.8
108.2
106.5
103.1

112.8
175.8
108.7
107.5
107.5

113.5
176. 0
109. 8
109.3
107. 9

113.0
176.0
110.2
108.1
106.9

112.8
176.0
111.1
109.4
105.9

113.0
184.0
112. 3
105.9
105.3

107.1
106.9
107.1
104.9
Furniture and household durables 9
do
107.5
105. 2
105.0
105. 1
Appliances, household
do
103.1
105.3
111.5
111.2
111.0
Furniture, household
do
108.3
111.6
93.2
93.2
93.5
94.7
Home electronic equipment
do_..
93.6
/ Revised.
"Preliminary.
1 Computed by QBE.
9Includes data for items not
shown separately.
cTFor actual wholesale prices of individual commodities, see respective

107.4
105.2
111.6
93.2

107.6
105.2
111.9
93.5

107.7
105.4
112. 1
93.5

107.8
105.3
112.0
93.5

108.0
105. 9
112.1
93.7

108.4
106.1
112.4
94.2

108.7
106.4
112. 7
94.2

109.3
107.0
112.9
94. 4

109.7
107.1
113.9
94.2

109.6
107.0
114.0
93.7

109.7
107.1
114.1
93.7




commodities.
{New reference base; comparable data for earlier periods will be shown
later.
OGoods to users, incl. raw foods and fuels.

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1970

1969

Annual

S-9
1971

1970
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

COMMODITY PRICES—Continued
WHOLESALE PRICES^—Continued

(U.S. Department of Labor Indies—Continued)
All commodities^—Continued
Industrial commodities—Continued
Hides, skins, and leather products 9
1967=100.
Footwear
do___
Hides and skins
do___
Leather
do...
Lumber and wood products
do__.
Lumber
.._
do___

108.6
109.1
124.1
108.7
125.2
131.5

110.1
113.0
104.4
107.7
113.7
113.7

109.5
112.1
105.5
107.2
113.4
113.7

111.0
113.3
113.2
109.2
113.9
113.9

110.4
112.9
108.1
109.2
114.8
114.7

109.9
112.9
99.6
108.6
114.0
113.5

109.8
112.9
96.4
108.6
113.5
112.4

109.8
112.9
98.5
107.8
114.0
113.5

109.9
113.7
99.6
105.9
114.2
114.5

110.4
113.8
103.2
107.1
113.1
113.8

110.9
113.8
109.2
107.3
111.9
112.2

110.4
113.9
101.9
107.3
111.1
111.1

111.7
116.0
98.9
108.2
112.2
113.0

112.4
116.3
105.3
108.7
117.5
120.3

112.5
116.5
105.5
108.6
123.4
129.0

114.0
116.6
121.1
111.0
124.6
131.5

do..
do..
do.
do.
do_.

106.4
108.5
110.0
102.9
107.8

111.4
113.0
115.5
106.4
114.0

110.1
112.0
114.1
105.3
112.9

110.4
112.2
114.3
105.4
113.3

110.6
112.3
114.4
105.6
114.1

111.0
112.0
114.4
106.3
114.5

111.5
112.3
114.6
106.7
114.9

111.6
112.4
114.9
106.9
114.3

112.1
113.1
115.4
107.5
114.3

112.7
114.0
117.7
107.6
114.6

113.1
115.2
118.9
107.9
114.7

113.8
116.3
119.6
108.2
115.1

114.2
116.3
120.2
108.8
115.2

114.6
116.8
120.5
109.3
116.0

114.9
116.5
120.8
109.7
116.0

115.0
116.7
120. 9
109.5
116.6

do..
do_.
do_.
do_.

108.5
105.3
107.1
113.6

116.7
110.6
115.1
125.0

115.9
108.4
113.6
126.9

116.6
109.3
113.2
129.9

117.4
109.7
114.8
130.0

117.8
110.5
116.0
128.2

117.7
111.4
116.2
126.2

117.5
111.5
116.1
125.0

117.4
112.0
116.7
122.7

117.7
112.8
117.4
122.0

116.8
112.8
116.5
119.4

116.2
112.7
116.5
116.7

116.5
113.6
117.6
115.4

116.4
114.1
118.0
114.2

116.5
114.5
118.2
113.7

117.8
114.7
118.4
117. 2

108.1

Machinery and equipment 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Metalworking machinery and equip
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.__

113.3

112.5

112.9

113.0

113.0

113.2

114.2

114.6

115.1

118.8

119.0

120.9

121.6

106.0
106.5
103.5
104.2
106.0
105.4
102.3

109.8
112.2
100.0
108.2
111.0
108.6
109.0

108.5
111.0
104.1
108.0
110.5
107.7
105.9

109.5
111.2
102.7
108.4
111.5
107.5
105.9

109.8
111.4
101.2
108.2
110.5
107.5
105.9

109.8
112.0
98.0
108.1
110.6
107.4
105.9

109.9
112.2
98.0
108.4
110.8
109.0
112.0

109.9
112.8
101.8
108.2
111.4
109.7
112.0

110.5
113.6
96.5
108.3
111.5
109.4
112.0

110.7
113.7
97.1
108.9
111.9
109.5
112. 0

110.9
113.9
96.0
108.7
112.1
109.1
112.0

111.3
114.5
95.1
108.5
112.1
109.4
112.0

111.4
117.1
97.0
109.0
112.6
108.4
107.5

112.7
117.6
97.9
109.3
112.7
109.1
107.5

113.6
118.5
98.9
109.3
113.1
109.1
107.5

114.5
119.4
101.0
109.6
114.3
109. 0
107.5

Textile products and apparel 9
Apparel
Cotton products
Manmade fiber textile products
Silk yarns
Wool products

do.__
do___
do___
do
do...
.do...

105.9
107.2
104.5
106.6
98.7
101.3

107.2
111.0
105.6
102.1
114.3
99.4

107.4
110.4
105.1
104.5
112.9
101.1

107.2
110.4
105.1
103.9
117.0
100.7

107.2
110.5
105.1
103.5
119.1
100.5

107.2
110.9
105.2
102.9
116.0
99.5

107.1
110.9
105.1
102. 2
116.9
99.3

107.4
111.4
105.6
101.7
116.9
99.1

107.5
112. 0
105.7
100.7
112.3
98.7

107.3
112.3
106.0
99.1
112.4
97.7

107.1
112.4
106.2
98.0
110.5
97.7

106.7
111.9
106.9
97.5
111.2
96.8

106.9
112.3
107.1
97.2
0)
96. 2

106.7
112.0
107.5
97.4
0)
95.4

106.9
112.2
107.8
97.6
0)
94.5

107.5
112. 2
108. 9
98.6
0)
94.4

Transportation equipment 9...Dec. 1968=100.
Motor vehicles and equip
1967=100.
Miscellaneous products9
--_--do..Toys, sporting goods, etc
do
Tobacco products
do

100.7
104.7
104.9
105.2
107.0

104.5
108.5
109.9
109.4
114.0

103.2
107.0
107.8
109.0
109.9

103.1
106.9
107.8
108.7
109.9

103.2
107.0
108.1
108.8
109.9

103.3
107.1
110.7
109.5
117.2

103.2
107.0
111.1
109.5
116.7

103.3
107.1
111.2
109. 8
116.7

103.6
107.3
111.5
110.1
117.0

108.2
112.5
111.6
110.6
117.0

108.5
112.8
111.8
110.4
117.0

108.9
113.4
111.9
110.5
117. 0

109.5
113.9
112.3
111.7
116.8

109.7
114.1
112.6
112.3
116.9

109.5
113.8
112.8
113.1
116.9

109.7
114.1
112. 7
112.5
116.5

$0. 939
.911

$0.906
.860

$0. 910
.873

$0. 910
.868

$0. 908
.864

$0. 907
.860

$0. 902
.857

$0. 905
.855

$0. 901
.851

SO. 901
.847

$0. 902
.844

$0. 901
.840

$0.894
.839

$0.887

$0. 885
.835

PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices*
Consumer pricest

1967=$!. 00.
do...

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
New construction (unadjusted), total
Private, total 9
Residential (nonfarm)
New housing units _

mil. $_. 90, 866 r 91, 266
do
do
do

_ _

Nonresidential buildings, except farm and public utilities, total 9
mil. $
Industrial
do
Commercial.
do
Public utilities:
Telephone and telegraph
do
Public, total 9
Buildings (excluding military) 9
Housing and redevelopment
Industrial...
.
.
Military facilities
Highways and streets

_ _

__.




' 8, 507

' 8, 397 ' 8, 245

7,689

62, 806 63, 079 4,567 ' 5, 009 ' 5, 305 ' 5, 546 ' 5, 581 ' 5, 737 ' 5, 813 ' 5, 876 ' 5, 710 5,505
30, 603 ' 29, 273 1,986 r 2, 297 r 2, 485 r 2, 592 r 2, 650 ' 2, 707 ' 2, 721 ' 2, 747 ' 2, 735 2, 627
2,101
2,053
23, 689 ••21,914 1,454
2, 093
2, 098
1,743
1,990
2,075
1,636
1,876

22,033
6,373
10, 136

22, 292
5,930
10, 521

1,769
458
841

1,824
501
840

1,891
498
890

1,948
521
925

1,898
519
874

1,983
543
922

2,010
531
964

1,998
528
964

1,881
498
896

1,840
480
892

' 6, 743 ' 6, 587

7, 284

' 4, 805 ' 4, 574 4,997
' 2, 347 ' 2, 186
2, 468
' 1, 856 ' 1, 721 1, 966

1,637
402
786

' 1, 574
'387
' 771

1, 623
409
795

207

2,172

2,952

218

234

235

271

275

266

276

281

285

282

187

' 28, 187

1,945

2,116

2,405

2,656

2,726

2,847

2,694

2,521

2,535

2,184

' 1, 938

do
do
do

11,226
1,047
512

' 10, 657
' 1, 105
496

834
118
36

877
82
45

887
89
48

953
104
47

893
87
24

984
86
42

926
93
47

814
46
45

988
106
36

'900
' 141
50

do
do

945
9,276

53
581

56
677

72
904

75
986

50
1,144

82
1,134

76
1,061

81
984

'68
849

'63
686

90.7

••90.7

'89.7

'90.1

'89.1

' 90. 0

'91.0

' 92. 3 ' 92. 9

98.0

' 101. 8 ' 104. 2

102. 7

64.2

'63.6

••62.7

'61.7

'60.7

'61.5

'62.7

'64.5

'64.5

66.9

' 69. 9 '70.8

70.5

29.4

'29.8

r

29.2

'27.7

' 27. 0 '27.5

'28.8

'30.5

'31.8

33.3

34.4

'35.6

36.5

23.8
5.9
11.8

22.7
6.2
10.6

22.4
5.9
10.6

22.7
5.9
10.9

21.9
5.9
10.0

22 4

10.2

el 2

21.8
5.7
10.4

21.8
6.0
10.2

20.6
5.8
9.3

21.5
5.4
10.4

23.5
5.9
11.6

' 23. 2
'5.6
'11.8

21.9
5.3
11.2

2.6

2.9

2.8

2.9

3.3

3.0

3.3

3.2

3.2

3.1

2. 9

2. 9

28.4

28.4

'28. 3

' 27.8

'28.3

31.1

' 31. 9

33.4

32. 1

10.5
.9
.5
.7
10.0

10.4
.8
.5
.9
'9.7

10.5
.9
.4
' .7
10.1

11.4
1.3
.6
.8
11.7

11.7
1.5
.5
1.0
12.3

12.0
1.7
.5
.9
13.5

.5
.9

do

do

r

791
9,989

26.6

Buildings (excluding military) 9
do
10.7
Housing and redevelopment
do
1.2
Industrial
do
.4
Military facilities
do
.7
Highways and streets
do
9.3
T
Revised.
v Preliminary.
1 Series discontinued,
d* See corresponding note on p. S-8.
JSee corresponding note on r . S-8.
data for items not shown separately.
423-787 O - 71 - S2

' 7, 710 ' 8, 202 ' 8, 307 ' 8, 584

28,060

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

r 7, 125

do

New construction (seasonally adjusted at annual
rates), total
bil. $__
Private, total 9

6,512

T

27.1
10.7
1.4
.5
.7
9.5

9 Inclu des

27.0
10.5
1.2
.5
.9
9.5

10.5
1.1
.5
.8
9.9

10.4
1.0
.4
.6
10.0

28.5
' 10.5
1.0
.6
.8
'9.8

' 2, 013 2, 287

'831
88
'44

859
92
'37

66
555

57
604

42
61

§Be*ginning J an. 1970, retitled to read 'rubber and plas tics prod ucts" to cover the
pricin I of plast ic constr action pr oducts; ( ontinuit y of the p-oup in<lex is not affected.

direct

SDEVEY OF CURRENT BUSINESS

S-10
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

Annual

May 1971

1970
Mar.

|
1 Apr.

May

June

July

1971
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Division, McGraw-Hill):
Valuation, total
mil. $
Index (mo. data seas. adj.)d"

67, 825

68,421

••6,031

6,757

5,417

6,553

6,178

6,230

5,398

5,453

5,145

4,974

4,383

4,993

1124

1123

132

130

110

120

116

135

118

115

130

132

117

126

141

mil. $
__do

22, 867
44, 958

23, 182
45, 058

'2,083
' 3, 948

1,791
4,966

1,695
3,722

2,815
3,738

2,313
3,865

2,078
4,151

1,869
3,529

2,023
3,430

1,937
3,208

1,688
3,286

1,464
2,919

1,578
3,415

1,722
4,664

do
do
do

26, 078
25, 589
16, 157

24, 795 '2,070
24, 910 ' 1, 978
18, 715 ' 1, 983

2,413
2,466
1,878

1,750
2,123
1,545

1,919
2,224
2,410

2,469
2,347
1,361

2,331
2,349
1,549

1,944
2,176
1,278

1,863
2,302
1,289

1,701
1,947
1,497

1,693
2,045
1,235

1,711
1,631
1,041

1,654
1,818
1,521

2,199
2, 729
1,458

do

57, 164

66, 937

4,989

5,857

6,457

4,916

5, 248

4,829

4,303

7,555

7,013

6,023

4,682

5,481

' 5, 245

1, 499. 6
1, 096. 5
1,466.8
810.6

1, 465. 4
1, 032. 0
1, 432. 1
812.2

117.8
87.5
114.7
61.9

130.2
91.3
128.4
73.8

127.3
88.4
125.0
74.8

141.6
92.4
135.2
83.0

143.4
103.4
140.8
75.5

131.6
' 93. 4
128.7
77.3

133.4
89.2
130.9
76.0

128. 3
143.4
' 99. 7 91.0
129. 6
140.9
67.4
79.4

123.9
'89.5
121.4
69.0

114.8
"86.9
110.6
54.9

' 102. 7
' 75. 9
' 100.4
'57.9

165.9
121.0
164.5
89.8

1,392
708

1,224
697

1,242
728

1,393
835

1,603
827

1,425
838

1,509
881

1,583
890

1,693
934

2,054
1,240

1,725
946

' 1, 724
'978

1,918
1,028

1,618
777

1967=100..

Public ownership _ _ _
Private ownership
By type of building:
Nonresidential.. . . .
Residential
Non-building construction
New construction planning
(Engineering News-Record) O

6,386

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

New private housing units authorized by building
permits (13,000 permit-issuing places) :t
Monthly data are seas. adj. at annual rates:
Total
thous
One-family structures
do
Manufacturers' shipments of mobile homes:*
Unadjusted
do
Seasonally adjusted at annual rates
do

« 1,322
<625

' 1, 340
<642

1,085
542

1,177
594

1,309
600

1,285
619

1,309
638

1,378
676

1,388
679

1,523
697

1,487
703

1,768
876

1,635
806

'1,563
760

412.7

398.1

' 29.5
'347

'39.9
'446

'32.9
'380

'35.6
'369

'37.1
'436

'38.4
'410

'41.4
'431

'40.8
'427

'30.5
'421

27.0
401

24.5
395

28.4
404

158

158

160

CONSTRUCTION COST INDEXES
Dept of Commerce composite

1957-59—100

142

152

146

146

148

151

153

155

156

156

157

158

American Appraisal Co., The:
Average 30 cities
Atlanta
New York
San Francisco
St L/ouis

1913—100
do
do
do
do

,05C
,158
,116
,054
,021

1,132
1,254
1,202
1,088
1,116

1,085
1,221
1,172
1,061
1,066

,097
,231
,178
,062
,072

1,117
1,231
1,178
1,062
1,138

1,127
1,231
1,177
1,058
1,137

1,150
1,261
1,226
1,106
1,138

1,158
1,263
1,229
1,110
1,140

,158
,268
,229
,110
,140

1,167
1,268
1,229
1,111
1,140

1,177
1,323
1,233
1,126
1,147

,185
,323
,233
1,128
,147

150

166

156

157

159

164

168

171

172

176

179

181

183

184

184

7
160.3
« 155. 9

158.0
155.5
152.3

158.3
155.7
152.6

159.4
157.7
153.3

159.8
157.9
153.6

163.8
161.9
157.5

164.1
162.1
157.8

167.7
165.2
159.3

168.1
165.3
159.6

169.2
166.5
160.6

169. 9
« 167. 2
'160.7

170.9
167.8
161.0

171.2
167.9
161.3

172.5
169.6
163.6

154.2
174.9

156.4
177.0

157.5
180.1

160.9
186.0

161.4
186.6

162.6
187.2

163.6
188.6

164. 3
190.2

164.2
190.2

165.9
192. 8

166.4
193.0

167.7
193.9

2 173. 5
2 198. 9

P19.9
J>210

Associated General Contractors of America, Inc.,
The (building only)
1957-59—100
Boeckh indexes:
Average, 20 cities:
Apartments, hotels, office buildings.._1957-59=100. .
Commercial and factory buildings
do
Residences
do
Engineering News-Record:
Building
.
do
Construction
do

151.8
149.1
148.0
149.9
167.2

158.5
181.5

152.2
173.0

Federal Highway Adm.— Highway construction:
Composite (avg. for year or qtr.) d" - - . 1967=100._ _

111.8

r 125. 6

116.4

c
162.
C

130.2

134 0

121 3

c

CONSTRUCTION MATERIALS
Output index: t
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

166.2

161.1
166.6

162.9
159.8

176.8
184.0

174.7
158. 9

172.9
166.0

173.0
153.0

146.8
154.2

167.8
164.5
204.2

166.4
161.8
194.3

175.4
163.4
153.9

162.7
169.8
196.9

180.7
163.8
217.6

190.9
162.6
239.0

183.7
165. 1
253.4

175.8
167.2
249.1

168.0
170.3
228.2

166.3
176.7
234.1

141.5
152.7
178.6

152.5
153.0
158.2

145.5
156.1
103.4

184.9

299.1

138.2

143.7

26.5
258
13.5
144

27.7
281
12.8
135

24.4
271
12.2
133

27.3
291
11.5
126

26.2
297
12.7
126

27.3
327
13.2
152

28.9
337
12.0
139

27.6
326
14.3
168

23.4
345
11.1
157

33.4
474
10.4
149

24.1
371
12.0
190

27.3
350
12.5
174

36.6
336
17.9
183

581. 88
257. 74

561. 43
232. 58

527. 06
237. 52

696. 27
262. 66

705. 61
297.73

751. 81
306. 24

788. 61
325. 77

867. 76
340. 56

769. 79
318.97

751. 18
317. 70

771.56
298. 85

734. 61
299. 69

849.48
307. 20

10, 446 *10, 524

10, 539

10, 524

10, 615

10, 326

9,926

9.690

1,972

REAL ESTATE
Mortgage applications for new home construction:
FHA net applications^
-thous. units. .
Seasonally adjusted annual ratest
do
Requests for VA appraisals
do
Seasonally adjusted annual ratest
do
Home mortgages insured or guaranteed byFed. Hous Adm : Face amount
mil $
Vet. Adm.: Face amount§
do
Federal Home Loan Banks, outstanding advances
to member institutions, end of period
mil. $__
New mortgage lo ans of all savings and loan associations, estima ed total
mil. $..
By purpose oft loan:
Home construction
do
Home purchase
do
All other purposes
do
Foreclosures f
Fire losses (on bldgs., contents, etc.)

number

7, 120. 63 8, 113. 73
4, 073. 86 3, 442. 90
9,289

v 10, 615

9,745

9,860

10,008

10, 236

10, 373

21, 847

21, 387

1,262

1,400

1,586

2,086

2,080

2,111

2,183

2,127

2,474

1,667

' 1, 887

2, 795

4,150
10, 239
6,998

284
585
393

325
627
448

373
741
472

398
1,017
671

393
1,071
616

369
1,147
595

388
1,100
695

406
1,032
689

355
919
698

416
968
1,090

307
752
608

346
'818
'723

521
1,143
1,131

95,856 p 101,015

8,383

8,404

8,553

8,998

8,672

8,557

8,431

p 8, 770

i>8,363

» 9, 043

177. 85

200.93

176. 27

185. 67

158. 49

224. 02

200. 66

202. 26

221. 54

4,757
11, 244
5,836

mil. $.. 1, 952. 02 2, 263. 92

196. 68

188. 47

186. 94

r
Revised.
* Preliminary.
« Corrected.
1 Computed from cumulative valuation
total.
2 index as of May 1, 1971: Building, 176.8; construction, 203.0.
O Data for Jan.,
Apr., July, Oct., and Dec. 1970 are for 5 weeks; other months, 4 weeks.
*New series. Data
from Mobile Home Manufacturers' Association; seasonally adjusted annual rates calculated
by Bu. of the Census.
cf New base; comparable data for earlier periods will be shown later.




177. 67

JRevisio
Feb. 1969 for
sions for 1964-68 for construction materials outpu
Construction Review (BDS A).
f Re vised series.
9 Includes data for items not shown separately. § Data include guaranteed direct loans sold.

SUEVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

Annual

S-ll
1971

1970
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

DOMESTIC TRADE
ADVERTISING
Marketing/Communications
seasonally adjusted:
Combined index
Business papers
Magazines
Newspapers
Outdoor
Radio (network)
Television (network)

advertising

index,
166
133
168
131
103
117
244

162
125
162
127
93
118
249

'164
'140
167
122
100
'89
248

164
138
160
129
97
'100
247

168
'132
169
126
'79
'116
262

172
' 135
158
121
94
119
293

Magazine advertising (general and natl. farm magazines) :
Cost, total
mil. $
Apparel and accessories
do _
Automotive, incl. accessories
do
Building materials
do
Drugs and toiletries
do _
Foods soft drinks, confectionery
do

1,245.3
60.6
114.4
26.5
158.7
101.5

1, 192. 7
50.8
96.5
21.0
156.6
99.5

109.8
6.2
10.7
2.4
13.4
9.3

112. 1
6.5
9.9
2.6
14.3
8.5

121.2
4.1
11.1
3.1
15.1
9.7

Beer, wine, liquors. _ _ _
do _
Household equip., supplies, furnishings.. do
Industrial materials
_
do
Soaps cleansers etc
do
Smoking materials
do
All other
do

101.8
76.5
60.0
15.7
48.2
481.4

98.1
71.2
43.9
16.3
64.7
474.0

7.8
5.6
3.5
1.9
4.6
44.5

8.1
7.2
4.4
1.7
5.2
43.8

3, 575. 1 3, 443. 8
1, 017. 1
917.3
2, 558. 0 2, 526. 5
173.3
161.6
81.7
74.9
300.1
275.2
2, 003. 0 2, 014. 9

289.0
80.2
208.8
13.1
6.8
23.8
165.2

246, 643
111,778
134, 865

24,365
14, 376
9,989

.mil. $.. 351, 633
do
112,779
do
66,911
do
62,048
do
4,863

1957-59—100
do
do
do
do
do
do

Newspaper advertising linage (52 cities) : ©
Total
mil lines
Classified
do
Display, total
do
Automotive
.
do
Financial
do
General
do
Retail
_ do ..

166
131
165
134
98
148
247

163
122
162
129
94
154
250

156
117
159
117
138
135
230

157
102
160
133
61
'109
245

159
105
154
137
81
'123
252

155
110
160
128
85
131
229

101.0
2.0
9.0
1.7
15.2
8.4

70.7
1.1
5.9
.8
11.5
7.6

71.0
4.7
4.9
1.2
10.5
5.5

102.6
7.8
7.1
2.0
13.4
6.5

123.7
5.9
11.4
2.3
14.9
10.5

120.6
4.3
8.5
1.6
14.4
11.2

95.9
2.8
5.1
1.0
12.3
9.2

69.8
1.9
6.4
.6
9.4
4.3

92.8
3.2
9.3
1.1
12.9
9.0

109.7
4.7
11.6
1.7
14.0
9.1

9.1
9.7
5.1
1.9
5.6
46.6

10.0
5.8
4.8
1.4
5.3
37.5

6.3
4.2
2.8
1.0
4.5
25.0

4.3
3.3
3.0
1.0
5.7
26.9

7.0
6.6
3.9
1.2
6.2
40.9

9.9
9.2
4.0
1.8
6.5
47.3

11.7
8.2
3.4
1.7
6.4
49.3

15.1
4.8
2.3
1.1
6.6
35.6

2.6
2.4
2.4
.9
8.1
30.8

3.6
3.2
2.2
1.3
9.8
37.2

5.7
5.8
2.6
1.9
10.0
42.5

303.8
81.8
222.0
15.3
7.1
27.1
172.5

313.4
87.4
226.0
16.9
5.1
26.8
177.2

284.3
79.9
204.4
15.7
6.8
21.6
160.3

266.5
78.0
188.5
14.0
6.5
17.1
151.0

285.4
83.7
201.7
13.2
4.0
17.3
167.2

286.2
75.3
210.9
13.0
5.5
24.6
167.8

302.5
76.2
226.3
15.0
6.2
28.4
176.7

325.5
71.4
254.1
13.8
5.5
30.3
204.5

298.1
60.3
237 8
9^7
6.1
19.6
202.3

20, 592
9,370
11,221

20, 333
9,371
10,962

20, 247
9,294
10, 953

21, 291
10, 020
11,271

20, 972
9,699
11,272

20, 623
9,437
11, 186

21,410
9, 794
11,616

21,757
9,863
11,894

20, 704
9, 121
11,583

21,404
9,095
12,308

19, 181 ' 19,200
8,271 ' 8,502
10,910 ' 10,698

22, 199
9,982
12,217

26, 622
15,318
11, 304

24,907
14,817
10, 090

25,010
14,974
10, 036

24, 938
14, 921
10, 017

25, 082
15, 088
9,994

25, 092
15, 135
9,957

25, 295
15, 246
10, 049

25, 579
15, 197
10, 382

26,272
15,328
10,944

26, 627
15, 322
11,305

26,622
15,318
11,304

26, 716 ' 26,755
15, 432 ' 15,671
11,284 ' 11,083

26, 743
15,689
11,054

364, 571
109, 694
62, 847
57, 737
5,110

28, 715
8,918
5,456
5, 083
373

29, 654
9,535
5,793
5,351
442

31, 326
9,833
5,859
5,400
459

31,415
10, 418
6,272
5,798
474

31, 143
9,959
5,860
5,389
471

30, 404
9,229
5,178
4,739
439

29, 739
9,039
4,986
4,573
413

31,849
9, 539
5,293
4,840
453

30, 218
8,234
4, 291
3,847
444

37,620 27, 902 ' 26,835
9,306 ' 8, 070 ' 8,439
4,399 ' 4, 859 ' 5,267
3, 903 ' 4, 485 ' 4,913
'374
'354
496

31,043
10, 210
6,504
6,064
440

16,719
10,439
5,223
14,562
11,278
3,284
238,854
20, 158
4,761
7,606
3,505

16, 817
10, 393
5,226
14, 535
11,315
3,220
254, 877
20,396
4,683
7,710
3,619

1,290
802
388
1,031
828
203
19, 797
1,587
331
586
319

1,317
826
402
1,186
933
253
20, 119
1,530
336
588
272

1,355
860
410
1,288
988
300
21, 493
1,634
373
618
291

1,407
884
437
1,378
1,063
315
20, 997
1,618
377
610
296

1,395
854
450
1,381
1,079
302
21, 184
1,500
344
566
263

1,392
870
429
1,365
1,086
279
21, 175
1,625
335
608
319

1,377
856
420
1, 319
1,051
268
20, 700
1, 653
353
621
336

1, 459
912
447
1, 362
1,076
286
22,310
1,820
405
696
335

1,464
936
434
1, 210
938
272
21, 984
1,841
434
698
315

1,817 '1,280 ' 1,235
784
'747
1,049
'395
'394
611
'938
'924
1,248
'743
'726
889
'195
'198
359
28,314 ' 19,832 ' 18,396
2,935 '1,444 ' 1, 247
'349
'277
735
'550
'491
1,112
'235
'200
420

1,371
860
409
1,139
916
223
20,833
1,543
305
632
255

11,863
25, 849
75,866
70,955
25, 116

12, 750
27, 872
81, 466
76, 071
26,504

1,022
2,141
6,438
5,996
2,128

989
2,229
6,497
6,051
2,178

1,040
2,452
7,025
6,557
2,298

1,029
2,474
6,781
6,319
2,344

1,031
2,554
7,112
6,639
2,414

1,047
2,612
6,859
6,387
2,275

1,047
2,431
6,665
6,215
2,141

1,079
2, 465
7 227
6^775
2,241

1,046
2,260
6,523
6,087
2,211

'1,051
' 2, 095
' 6, 980
' 6, 558
'2,111

1,075
2,219
6, 802
6,355
2, 142

58, 615

62,867

4,614

4,739

5,007

4,930

4,790

5,060

5,046

5,503

6,077

9,413

53,083
36,411
3,519
6,548
7,403

56, 852
38, 558
3, 834
7,056
'8,060

4,152
2,788
312
528
587
29,801
9,134
5,350
4,921
429

4,275
2,930
290
509
615
30, 536
9,340
5,469
5,029
440

4,530
3,067
286
584
671
30, 502
9,320
5,349
4,909
440

4,452
3,056
266
549
652
30, 518
9,411
5,483
5,068
415

4,323
2,919
278
532
697
30, 729
9,487
5,544
5,113
431

4,569
3,069
298
565
687
30, 781
9,503
5,522
5,090
432

4,549
3, 099
304
555
648
30, 885
9,556
5,652
5,214
438

4,950
3,350
354
595
698
30,534
8,927
4,942
4,515
427

5,437
3,677
455
629
702
30, 208
8,380
4,447
4,016
431

8,789
6,013
501
1,187
953
30,481
8,659
4,713
4,313
400

1,418
868
426
1,168
927
241

1,454
877
469
1,158
914
244

1,435
876
461
1,217
936
281

1,413
857
452
1,216
924
292

WHOLESALE TRADE
Merchant wholesalers sales (unadj.), total, mil. $_. 236, 708
Durable goods establishments
do
109, 578
Nondurable goods establishments
do
127, 130
Merchant wholesalers inventories, book value,
end of year or month (unadj.), total
mil. $__
Durable goods establishments
do
Nondurable goods establishments
do
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 9
do
Furniture, homefurnishings stores
do
Household appliance, TV radio
do
Lumber, building, hardware group
do
Lumber, bldg. materials dealersd*
do
Hardware stores
do
Nondurable goods stores 9 _ - ..
-do
Apparel group
do
Men's and boys' wear stores
do
Women's apparel, accessory stores. __do
Shoe stores
do
Drug and proprietary stores
Eating and drinking places
Food group ._
Grocery stores
Gasoline service stations

do
do
do
do
do

General merchandise group with nonstores 9
_ mil. $
General merchandise group without nonstores 9 §
mil $
Department stores
do
Mail order houses (dept. store mdse).do
Variety stores
do
Liquor stores
do
Estimated sales (seas, adj.), total
do
Durable goods stores 9
do
Automotive group
do
Passenger car, other auto, dealers
do
Tire battery accessory dealers
do
Furniture and appliance group 9
Furniture, homefurnishings stores
Household appliance, TV, radio
Lumber, building, hardware group
Lumber, bldg. materials dealerscf
T

do
do
do
do
do

Revised.
© Source: Media Records, Inc., 52-City Newspaper Advertising Tr end Chiirt.
9 Includes data for items not shown separately.




1,452
2,283
7,483
6,989
2,278

'
'
'
'

'989
1, 991
6, 307
5, 893
1, 960

' 4, 173 ' 4, 075
' 3, 726
' 2, 508
'220
'439
'665
'31,154
'9,480
' 5, 481
'5,011
'470

' 3, 578
' 2, 382
'250
'435
'591
' 31,611
' 9, 785
' 5, 873
' 5, 387
'486

5,075
4,557
3,085
339
503
645
32, 183
10, 132
6,148
5,657
491

1,473
1,354 '1,437 '1,434
1,388
1,384
1,345
1,395
1,399
911
'873
895
863
890
861
856
848
851
462
'460
'435
411
415
433
402
445
443
1,
258
1,245
1,257 ' 1, 290 ' 1, 220
1, 228
1,221
1,237
1,236
990
'943
972
1,002 '1,031
953
958
931
958
268
' 277
'259
273
255
275
279
290
278
d"Cc>mprises lumber y ards, bu ilding m*iterials d ealers, an d paint, plumbir g, and e ectrical
stores.
§Except depa rtment s tores mai 1 order.

SURVEY OF CURRENT BUSINESS

S-12
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

| 1970

May 1971

1970

Annual

Mar.

Apr.

May

June

July

1971

Sept.

Oct.

Nov.

Dec.

21, 278
1,715

21,329
1,650
387
627
304

21, 607
1,746

380
658
324

21, 828
1,775

21, 822 ' 21, 674 '21 826 22 051
1,743 ' 1,704 ' 1 733 1,749
T 390
'379
389
384
r
659
695
668
' 660
261
314
'279
' 280

Aug.

Jan.

Feb.

Mar.

Apr.

DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated sales (seas, adj.)— Continued
Nondurable goods stores?
.mil. $ _
Apparel group
- do
]VIen's and boys' wear stores
do
Women's apparel accessory stores
do _ _
Shoe stores
- do
Eating and drinking places
Food group
Grocery stores

General merchandise group with nonstores 9
mil. $
General merchandise group without nonstores 9 §
mil. $
Department stores
do
Mail order houses (dept store mds<3.) do
Variety stores
- do
Liquor stores
do
Estimated inventories, end of year or month: I
Book value (unadjusted), total J_
.mil. $__
Durable goods stores 9 -do
Automotive group
do
Furniture and appliance group
do
Lumber, building, hardware group, .do

21, 182
1,684

397
634
293

387
627
284

373
661
296

386
650
295

1,051
2,273
6,679
6 233
2 203

1,044
2,296
6,747
6,290
2,213

1,040
2,353
6,765
6,305
2,233

1,044
2,341
6,818
6,364
2,237

1,055
2,299
6,751
6,299
2,237

1,071
2,347
6,814
6 349
2, 156

1,101
2,374
6,870
6,420
2,165

1,090
2,386
6,859
6,422
2,217

1 099
2 394
6,866
6 421
2 242

1 083 r 1, 078 ' 1 081
2 339 r 2, 300 ' 2 318
7,007 ' 6, 980 ' 6 940
6 550 ' 6, 525 ' 6 476
2,264 ' 2, 213 ' 2 230

5 001

5,271

5,200

5,106

5,246

5 187

5,248

5,342

5 422

5 439

>• 5, 426

4 527
3 060

4,733
3,185
336
613
674

4,628
3, 151
307
575
678

4,766
3,247
327
575
693

4,672
3 154
317
580
710

4,736
3,231
311
603
687

4, 802
3,259

323
562
655

4,796
3,285
309
596
669

324
597
690

4,788
3 240
321
596
689

4,953
3 342
303
603
647

r 4, 943 ' 5, 033 5,160
' 3, 322 '3 418 3, 494
334
'317
' 327
'619
607
' 596
'712
719
'704

383
590
271

. do
- --do
do

21, 242
1,704

21, 196
1,728

20, 667
1,608

21, 107
1,694

398
655
332

403
673
325

r

5 593

1,111
2,351
7,004
6,545
2, 206
5,688

43, 535
19, 527
9, 424
3,122
2,546

43, 543
18, 353
8,204
2,938
2,591

44, 800
20 234
9 867
3,081
2,577

45, 363
20, 440
10, 018
3,116
2,598

44, 828
20, 242
10, 035
3,043
2,548

44, 859
20, 349
10, 162
3,046
2,548

44, 819
20, 116
10, 007
3,017
2,539

43, 927
18, 684
8,573
3,005
2,520

44, 659
18, 665
8,546
3,022
2,534

45, 347
18, 227
7,965
3,100
2,526

46,216
18, 124
7 697
3,129
2,544

43, 543
18, 353
8, 204
2,938
2, 591

43, 570
18, 901
8,831
2, 879
2,623

44, 924
19, 857
9, 663
2, 922
2,681

47, 091
20, 920
10, 519
2, 977
2, 799

Nondurable goods stores 9
- do
Apparel group
- . .do
Food group
do
General merchandise group with nonstores
.- mil. $ _ _
Department stores
do

24, 008
4,426
4,691

25, 190
4,470
4,887

24 566
4 544
4 643

24, 923
4,611
4,664

24, 586
4,539
4,664

24, 510
4,454
4,671

24, 703
4,480
4,687

25, 243
4,685
4,660

25, 994
4,853
4,670

27, 120
4, 945
4,850

28, 092
5,149
5 055

25, 190
4,470
4,887

24, 669
4,301
4, 796

25, 067
4,411
4,784

26, 171
4, 689
4, 955

9,186
5,348

9,864
5,652

9 713
5 671

9,865
5 713

9,719
5,622

9,735
5,605

9,980
5,768

10, 253
5,937

10, 806
6,276

11, 505
6,689

11,839
6 916

9,864
5, 652

9, 813
5,628

10, 089
5,743

10, 567
6,097

Book value (seas, adj.), total t
do
Durable goods stores 9
do
Automotive group
do __
Furniture and appliance group - __do_ _ _
Lumber, building, hardware group. ..do

44, 623
19, 980
9, 558
3,199
2,627

44, 918
19, 040
8,563
3,020
2,674

44, 325
19 471
9 153
3' 118
2 519

44, 326
19 426
9 166
3,082
2, 503

44, 109
19, 346
9,240
3,025
2,488

44, 527
19, 552
9,415
3,034
2,528

44, 965
19, 739
9, 613
3,026
2,552

45, 453
20, 119
10, 050
3,011
2, 558

45, 691
20, 270
10, 114
3,004
2,575

44, 883
19, 291
9, 113
3,024
2, 564

44, 507
18 542
8,320
2,980
2,549

44, 918
19, 040
8,563
3,020
2,674

44, 984
18, 987
8,683
2, 974
2, 674

45, 432
19, 480
9, 159
2, 991
2,716

46,416
20, 131
9, 803
2, 998
2, 755

Nondurable goods stores 9
do
Apparel group _ __ . _
do
Food group
do
General merchandise group with nonstores
mil. $
Department stores
do

24, 643
4,606
4,672

25, 878
4,656
4,868

24 854
4*651
4* 634

24, 900
4,620
4 664

24, 763
4,613
4,673

24, 975
4, 649
4 694

25, 226
4,647
4,763

25, 334
4, 593
4,750

25, 421
4,583
4,712

25, 592
4, 579
4,746

25, 965
4,720
4 879

25, 878
4,656
4,868

25, 997
4, 695
4,840

25, 952
4,585
4,827

26, 285
4,661
4, 950

9,777
5,677

10, 508
6,013

9 9^6
5 810

9 873
5 713

9,830
5 696

9 993
5 796

10, 198
5,922

10,277
5, 961

10, 369
6,017

10, 394
5, 988

10 544
6 056

10, 508
6,013

10, 621
6,164

10, 681
6,116

10, 726
6,146

103,070

110,848

8 463

8,560

9,160

8,986

9,018

9,007

8,946

9,857

9,811

13,612

8,350

7,751

9, 109

5,921

6,191

905
2,090
1,598
3,777
2,487
1,354

852
2,250
1,712
4,307
2,683
1,281

507
66
167
159
348
215
100

460
63
163
124
322
234
105

485
71
170
134
347
221
106

503
72
182
147
342
222
109

428
55
160
117
356
231
105

502
59
179
151
352
243
100

510
60
180
162
357
242
100

565
77
204
165
364
253
118

578
85
213
155
361
230
114

914
113
381
200
542
196
151

379
43
145
98
331
165
95

349
36
136
85
302
153
96

490
44
206
110
352
176
105

41, 997

45, 302

3 306

3 405

3 599

3 562

3 463

3 694

3,620

3, 945

4 388

6,958

2, 986

2, 937

3, 722

3,654
2, 705
477

4,025
2, 968
511

6, 593
4,860

2,649
1,939
341

3,437
2, 544
401

Firms with 11 or more stores:
Estimated sales (unadj.), total 9

-do

Apparel group 9
do _.
Men's and boys' wear stores
.do. ._
Women's apparel accessory stores
do
Shoe stores
_ . _ _ do. _ _
Drug and proprietary stores _ .
do _.
Eating and drinking places
do
Furniture and appliance group..
do ..
General merchandise
group with nonstores9
mil $
General merchandise group without nonstores §
._ mil. $ Dept. stores, excl. mail order sales
do
Variety stores..
_
_. do. .

39, 222
28, 934
5,232

42, 165
31, 105
5,627

3,072
2 241

Grocery stores.
Tire, battery, accessory dealers

37, 163
1,816

40, 557
1,747

Estimated sales (seas adj ) total 9
Apparel group 9
Men's and boys' wear stores
Women's apparel accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places

3,351
2,467

3,315
2, 475

3 222
2, 376

440

424

3,376
2, 491

415

3,174
2,355
409

448

3,364
2,500
442

950

2, 745
2, 035
342

3,179

3,166

3, 323

3,515

163

164

3,324
146

3,260
139

3, 699

155

3,468
159

158

3,242
143

3,842
178

3, 609
122

3,184
113

3, 439
144

do

8 952

9 160

9,167

9 189

9, 227

9 229

9, 279

9, 420

9 508

9, 494

9,547

9, 528

9, 759

do
do
do
do
do
do

477
73
164
127
361
214

530
74
185
142
348
234

496
73
172
132
347
215

517
71
191
148
354
212

509
68
187
138
364
221

526
72
187
155
367
236

499
67
178
143
378
232

541
71
190
169
375
245

556
70
204
160
376
236

528
59
217
135
352
204

492
49
195
124
356
176

516
51
199
124
352
173

544
54
231
116
377
177

3 605

3,782

3,750

3 665

3,746

3,695

3,765

3,827

3,890

4,004

3,951

4,044

4,160

9

3 36
2 476

3 535
2 608

3 502
2,554

3 4°0
0
531

3,504
2, 569
467

3,441
2, 534

3,511
2, 599

477

3,538
2,620
479

3,710
2,752

465

3,558
2, 636
480

478

3,683
2, 703
494

3,757
2, 786
474

3, 890
2, 888
475

3 318
' 146

3,274
151

3 344

3 444

3,377
154

3,427
146

3,424
155

3,451

144

3,449
141

3,480
139

3,542
155

3,438
155

3,506
164

_. 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

Total (seasonally adjusted). .
Durable goods stores
Nondurable goods stores
Charge accounts
Installment accounts

443

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
do
do
do
do
do

127

473

464

488
149

21 490
7 174
14,316
8 648
12, 842

20
6
13
8
11

010
794
216
089
921

20, 083
6 819
13, 264
8 199
11,884

20 254
6 865
13, 389
8 403
11 851

20 491
7 183
13,308
S 550
11 941

20 257
7 139
13' 118
8 357
11 900

20, 286
7 143
13, 143
8 305
11 981

20, 140
6 976
13, 164
8,280
11 860

20
7
13
8
11

375
074
301
390
985

20, 363
6 983
13 380
8,325
12 038

20
6
13
8
19

20 428
7 040
13 388
8,348
1° 080

20
7
13
8
12

20, 628
7 056
13 572
8 362
12 266

r
Revised.
{Series revised to reflect benchmarking to the levels of the 1968 and 1969
Annual Retail Trade Reports (Census Bureau), and also recalculation of seas, factors for
all lines of trade; description of revisions and revised data back to 1961 appear on pp. 38 ff.




462

3159
90
413
268
047

533
015
518
357
176

of the Oct. 1970 SURVEY.
stores mail order.

152

9 Includes data not shown separately.

§Except department

SURVEY OF CTJRKENT BUSINESS

May 1971

1970

1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

Annual

S-13
1971

1970
Mar.

Apr.

May

June

July

Sept.

Aug.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr. p

LABOR FORCE, EMPLOYMENT, AND EARNINGS
POPULATION OF THE UNITED STATES
Total incl. armed forces overseas f -

mil

' l 202.60

1

204 80

20409

204 26

204.44

204.62

204.80

205.00

205.21

205.43

205.63

205.82

206. 02

206. 18

206. 34

206. 51

85, 903
82 715
78, 627
75 165
3,462
4,088

85, 008
81 690
77 957
74 786
3,171
3 733

85, 231
81 960
78 408
74 877
3,531
3 552

84, 968
81 741
78, 357
74 632
3,725
3,384

87, 230
84, 050
79, 382
75 174
4,208
4,669

87, 955
84, 801
80, 291
76 173
4,118
4,510

87, 248
84, 115
79, 894
76 112
3,782
4,220

85, 656
82, 547
78, 256
74, 730
3,525
4,292

86, 255
83 175
78, 916
75 522
3,394
4,259

86, 386
83, 347
78, 741
75 515
3,226
4,607

86, 165
83 152
78 516
75 564
2,952
4 636

85, 628
82, 652
77, 238
74, 361
2,877
5,414

85, 653
82, 703
77, 262
74,415
2,846
5,442

85, 598
82, 668
77, 493
74 452
3,042
5,175

85, 780
82, 898
78, 204
74, 699
3,505
4,694

82 600
78, 969
75 436
3 533
3 631

82, 621
78, 601
75, 031
3,570
4,020

82, 213
78,299
74, 763
3,536
3,914

82, 770
78, 508
75 073
3,435
4,262

82, 975
78, 479
75, 043
3,436
4,496

606

661

82, 711
78, 574
75, 066
3,508
4,137

83 300
78, 691
75 398
3 293
4 609

83, 473
78, 550
75, 197
3,353
4,923

540

82 760
78 886
75 317
3 569
3 874
'564

754

880

83,609
78, 463
75 055
3,408
5,146
1,084

83, 897
78, 864
75, 451
3,413
5,033
1,079

83, 384
78, 537
75, 208
3, 329
4,847
1,069

83, 475
78, 475
75, 079
3,396
5,000
1,107

83, 783
78, 698
75, 14C
3,558
5,085
1,071

4.7
3 2

4.9
3.4
4.9

4.8
3.4
4.5

5.0
3.7
4.9

5.9
4.2
5.6

6.2
4.6
5.8

6.0
4.3
5.7

5.8
4.2
5.6

6.0
4.2
5.8

6.1
4.4
6. C
17.'^
3.1
10. (
5C
3.8

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 t
Civilian labor forcet
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) :J
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
Occupation: White-collar workers ...
Blue-collar workers
Industry of last job (rionagricultural):
Private wage and salary workers
Construction
Manufacturing
._
Durable goods
_ ._

84, 239
80, 733
77, 902
74 296
3,606
2,831

694

375

662

3.5

4.9

4.4

4.8

4.5

15.3

13.8

15.3

14.2

14.9

14.2

2.6

2.2

8 2
4 5

7 2
4 0

2.3
83
4 2

2.5
7.9

4 5

2.8

2.6
5.2

2.8
5.6

2.8
6.0

2.5
8.4
4.3
2.6
6. 3

2.7
8.3
4.6
3.0
6.5

4.8
8.3
4.7
4.9

5.2

5.2

5.5

5.6
5.7

4.6
8.1
4.7
4.7

70, 274
58, 070

70, 664
58, 067

70, 460
57, 780

70 274
58, 070
619
3 437
20 169
11*893

70 664
58, 067
622
3,347
19 393
11,203

319
609
484

249
580
460

656

638

1 358
1 442
2,028
2,013
2 067
476
440
8 277
1,796
82

1,306
1,386
1, 964
1,913
1,824
459
424
8, 190
1,796
79

1,412
712
1,093
1,061

1,385
710
1,106
1,057

594
345

4,431
14, 645
3 738
10, 907
3,557
11 211
12, 204
2,758
9,446

2 i
3 7
12 2
15
6 4
31

2.1

35

39

6 2

3
6
3
3

5.2

5
0
3
0

9 7

2 9

4.4

12.0

10.6

5.2
4.9

5.3
5.2

70, 758
58, 001

70, 780
58, 054

71, 385
58, 746

71 242
58, 739
626
3,481
19 944
11 648

71 149
58, 539
622
3,426
19 795
11, 529

70,839
58, 238
620
3,351
19, 572
11, 386

271
593
471

261
585
468

256
582
456

644

1,337
1,425
2,046
1,995
1,950
472
437
8,296
1,823
81

1,323
1,411
2,032
1,979
1,925
471
430
8,266
1,805
81

1,396
721
1,113
1,066

571
329

4,498
14, 950
3, 849
11, 102
3,679
11,577
12, 597
2,705
9, 891

10.8

5.8
5.7

727

788

5.1
3.7
4.8

5.4
3.9
5.0

5.5

15.8

16.5

17.0

17.6

17.8

17.6

16.7

17.8

2.8
8.4

3.0

3.2
9.0

3.4
9.5

3.3
9.5

5 6

5 6

2.8
6.9

2.9
8.8
5.0
2.9
7.3

3.0
7.3

3.6
7.4

3.8
7.8

3.5
7.6

3.2
9.6
5.3
3.5
7.4

3.2
9.4
5.6
3.7
7.4

5.5

5.8

6.0

6.6

6.4

6.1

6.4

11.8

6.7
7.3

6.2
9.1
7.3
8.2

4 8

11.8

4 1

5.0
9 3
5 2

5 5

7.4

6.9
7.3

6.1
9. (
7. C
7.f

71,234
58,250

69, 622 ' 69, 533 '69,876
56, 724 '56,524 '56,806

70, 37f
57, 27C

70, 085
57, 310
625
3,303
18, 538
10, 455

70,303
57,524
625
3,319
18,842
10,756

70, 652
57, 829
625
3,241
18, 807
10,717

-70,590
-•57,741
'623
' 3, 198
' 18, 728
' 10, 662

'70,662
'57,778
622
' 3, 258
'18,679
' 10, 618

70, 711
57, 76"
621
3,30"
18, 64f
10, 581

223
571
453

214
572
451

630

624

218
569
450

628

625

1,273
1,331
1,878
1,841
1,534
447
412
8.082
1, 769
76

1, 249
1,311
1,855
1,803
1,515
442
409
8,083
1, 779

1,256
1,344
1,846
1,808
1,785
439
413
8,086
1,780
75

1,255
1,337
1,818
1,794
1,802
437
412
8,090
1,783
75

1,372
700
1,100
1,045

1,378
699
1,100
1,042

1,381
698
1, 099
1,040

557
323

554
320

553
318

550
319

202
'577
'452
'623
' 1, 253
1,311
' 1, 7'.)7
' 1, 794
'1,769
' 429
'411
' 8, 061
' 1, 777
' 74
'941
' 1, 384
694
' 1, 0<)3
' 1,030
' 192
'560
'316

191
57<
452
622
1,241
1,334
1,785
1,77£
1,74*
421
401
8,061
1,77C
74
944
l,39t
691
1,08?
1, 028
191
551
32C

4,511
14,961
3,850
11,111
3,684
11,622
12,585
2,649
9,936

4,509
15,011
3,857
11,154
3,696
11,665
12,718
2,654
10,064

4, 493
14, 945
3,851
11,094
3, 711
11,695
12, 775
2, 661
10, 114

4,437
14,851
3,855
10,996
3,723
11,727
12,779
2,650
10,129

4, 499
15, 133
3,868
11,265
3,746
11,778
12, 823
2,656
10, 167

' 4, 521 '4,517
'15,141 '15,142
' 3, 871 ' 3, 883
'11,270 '11,259
3,745
3,753
'11,785 '11,807
'12,849 ' 12, 884
2,659 ' 2, 657
'10,190 '10,227

4,481
15, 141
3,87£
11,26*
3,771
11,791
12, 951
2,66*
10, 284

48,342
14,224

47,763
13,575

47, 628
13, 403

48,177
13,649

46, 670 '46,487 '46,757
13, 432 ' 13, 404 ' 13, 380

12.7

11.7

5.8
5.7

6.1
6.3

70, 602
58, 485

70, 527
58,511

70,922
58,466

70,692
57,874

70, 644
57, 710

70,629
58, 070
620
3,324
19,477
11,286

70,587
57, 996
618
3,314
19, 402
11,217

70,414
57, 818
619
3,305
19, 271
11, 134

70,531
57,946
621
3,262
19,285
11,145

70 182
57^464
621
3,278
18 684
10 602

250
575
453

240
570
453

237
575
457

628

631

635

228
574
454

638

636

243
570
454

1,309
1,394
2,004
1,956
1,897
468
426
8,186
1,805
81

1,305
1,388
1,982
1,936
1,876
461
424
8,191
1,800
81

1,298
1,387
1,939
1,903
1,841
453
419
8,137
1,784
82

1,315
1,395
1, 926
1,896
1,839
452
418
8,140
1,779
76

979

971

1,301
1,387
1, 969
1,934
1,853
458
420
8,185
1,789
81

954

955

1,375
714
1,108
1,060

1,385
711
1,103
1,055

955

1,394
721
1,111
1,063

1, 393
706
1, 105
1,054

1,376
703
1, 103
1,053

1,380
706
1, 105
1,056

1,367
698
1,102
1, 052

589
333

585
334

548
332

570
334

578
333

567
324

569
324

4,502
14, 984
3,847
11,137
3,665
11, 537
12,503
2,766
9,737

4,468
14, 991
3,853
11,138
3,673
11, 564
12,610
2,838
9,772

4,478
14, 968
3,859
11, 109
3,677
11, 572
12,601
2,768
9,833

4,511
14, 927
3,849
11,078
3,679
11,532
12,559
2,689
9,870

4,539
14, 933
3,856
11,077
3,676
11, 514
12,591
2,668
9,923

4,520
14, 912
3,840
11, 072
3,670
11,521
12,596
2,659
9, 937

48, 582
14, 261

48, 297
13, 958

48, 340
14, 101

7.6
8.0

11.2
7 2

7.2

11.0

6.8
7.1

10.9

EMPLOYMENT
Employees on payrolls of nonagricultural estab.:\
Total, not adjusted for seasonal variation. -thous..
Private sector (excl. gov't)
do
Seasonally Adjusted
Total
thous
Private sector (excl. gov't)
do
Mining
...
do
Contract construction .
.do
Manufacturing
do
Durable goods
do
Ordnance and accessories
do
Lumber and wood products
do
Furniture and fixtures
do
Stone, clay, and glass products
do. .
Primary metal industries
do
Fabricated metal products
. .do. . .
Machinery, except electrical
do
Electrical equip, and supplies
do.
Transportation equipment. -.
do
Instruments and related products
do
Miscellaneous manufacturing ind... do
Nondurable goods
do
Food and kindred products
do
Tobacco manufactures
do
Textile mill products
do
Apparel and other textile products. . .do
Paper and allied products
_ do
Printing and publishing
do
Chemicals and allied products
_ do
Petroleum and coal products
do
Rubber and plastics products, nee ..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
Finance, insurance, and real estate
do
Services
.
do
Government
...
do
Federal
do
State and local
.do

999

183

965

192

651

980

194

193

192

Production (or nonsupervisory) workers on private
nonagricultural payrolls, not seas, adj ^thous.. 48, 093
47, 935 47, 648 47, 854 47, 905
Total on manufacturing payrolls
do
14, 768
14, 050 14, 385 14, 240 14, 061
Seasonally Adjusted
Total on manufacturing payrolls
do
14, 050 14, 512 14, 389 14, 180
14, 768
8,409
8,186
8,045
8,318
Durable goods
. . .
do
8,648
141
151
143
184
135
Ordnance and accessories
do
504
501
511
500
Lumber and wood products.. . .
do
529
390
375
401
379
386
Furniture and fixtures
do
517
506
512
507
Stone, clay, and glass products
do
526
1,063
1,049
1,037
1,036
Primary metal industries
do
1,085
1,087
1,060
1,079
1,055
Fabricated metal products
do
1,110
1,381
1,340
1,310
1,366
1,379
Machinery, except electrical.. .
, do ..
' Revised.
v Preliminary.
1 As of July 1.
fMonthly estimates have been adjusted to the 1970 Census; revisions prior to Dec. 1969
appear in Current Population Reports, Series P-25, No. 456, Estimates of the Population
of the United States to Jan. 1, 1971 (Bureau of the Census).




959

193

191

191

190

948

190

945

191

949

192

952

193

'206
'576
449

627
' 1, 255
' 1, 337
' 1, 805
1,786
' 1, 776
'432
'413
' 8, 066
1,784
76
' 946
' 1, 371
'695
1, 096
1,036

192

'555
315

47, 228
13, 358

14, 140 14, 090 13, 974 14,000 13,405 13, 289 13,610 13, 595 '13,543 ' 13, 502 13, 50C
7, 591
7,700
7, 679 ' 7, 642 ' 7. 598
7,386
8,039
8,134
8,019
7,504
8,082
101
'106
'103
114
110
118
129
128
122
137
131
50C
'496
'496
488
492
492
495
495
491
495
491
371
'371
'370
370
371
373
374
372
377
372
373
'492
496
49C
499
496
495
505
505
500
500
499
988
992
' 993
990
992
981
1,047
1,005
1,034
1,031
1,033
'
989
1,01(
1,013
1,021
1,014
985
1,067
1,002
1,060
1,057
1,058
1,209
1, 190 ' 1, 17!) ' 1, 172 1, 161
1,218
1,281
1,233
1,321
1,288
1,316
{Effective Feb. 1971 SURVEY, labor force data reflect new seasonal factors; comparabl
figures for prior periods appear in EMPLOYMENT AND EARNINGS, Feb. 1971 (USDL, Bureau
of Labor Statistics).
If Sec corresponding note, p. S-14.

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

1970

1970

1969

Annual

May 1971

Mar.

Apr.

May

June

July

1971
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.*

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT— Continued
Seasonally Adjusted
Production workers on mfg. payrolls— Continued
Durable goods— Continued
1,341
Electrical equipment and supplies
thous..
Transportation equipment
do . . 1,456
Instruments and related products
do
294
Miscellaneous manufacturing ind
_do ..
344
Nondurable goods
..
.
do ..
6,120
Food and kindred products
do
1,205
Tobacco manufactures .
do . .
69
Textile mill products
do
881
1,241
Apparel and other textile products
do
Paper and allied products _ _ .
do . . .
552
682
Printing and publishing
do
622
Chemicals and allied products
do
Petroleum and coal products
do - .
113
460
Rubber and plastics products, nee
do . - .
296
Leather and leather products
do

1,264
1 254

1,323
1,358

1,313
1 345

1,294
1,317

1,297
1,309

1,289
1 290

1,266
1,285

1,258
1,286

1,213
977

1,181
967

1,188
1,239

1,181
1,254

278
327

289
339

289
332

274
323
5,955

264
312

262
320

261
318

6 071
1,217
67

278
324
6,008

267
316

6 103
1,235
67

280
327
6,006

273
322

6 005
1,209
66

286
329
5,994
1,216
68

1,214
67

1, 203
67

1, 198
69

5 961
1,193
63

5,901
1,184
63

5, 903
1, 194
64

5,910
1, 197
62

5,916
1,199
63

847

861

860

852

842

839

837

839

830

828

831

835

1,214
547
682
606

1,223
558
690
613

1,221
556
687
610

1,206
551
681
606

1,214
549
679
603

1,223
544
680
605

1,206
540
676
602

1, 210
543
680
606

1, 196
535
676
603

1,200
538
675
597

1,207
536
677
595

1,208
535
673
595

117
436
280

119
453

118
450

118
412

118
434

118
444

117
433

115
436

116
423

116
419

116
419

117
420

284

285

284

286

285

277

276

275

272

270

271

37.2
36.9
43.1
38.3
39.7
40.0
3 0

37.1
37 0
42 6
38.1
39.8
39 8
2 9

37.2
37 4
42 4
37 6
40.0
39 8
31

37.3
37.6
42 5
37 4
39. 9
40 1
3 o

37.2
37.6
42 2
37.3
39.8
39 8
3 0

36.8
37 0
42.0
35.1
39.6
39.3
2 8

36.9
37.0
42.7
36.9
39.6
39.4
2 8

36.9
36.8
42.8
37.1
39.7
39. 6
2 7

37.0
37.1
43.0
38.0
39.9
39.6

37.1
36.7
42.8
37.1
39.6
39.8

2.7

2.8

40.1

40.4

' 1, 175 '
' 1, 239 '
T
258
r
318
' 5, 901 '
' 1, 202 '
63
r
830
r

1, 183
1, 228
' 255
'316
5, 904
1, 199
'61
' 825
I, 199 ' 1,212
'531
' 532
'670
••672
' 590
593
117
117
'424
'430
'268
' 269

1,170
1 224
256
316
5 Qll
1,193
61
829
1.224
529
668
589
117
429
272

36.9
36.6
42.7
36.8
39.4
39.5
2.9

'37.0
'36.8
' 42. 9
' 37. 9
39.7
39. 9
'2.8

37.1
36.8
42.3
37.5
39. 5
39.8
2.8

40.1
'2.8
-41.7
40.1
r 39. 3
'41.4
40.6
40.2
40.1
39. 2
41.5
39. 3
37.8

40.5
'2.8
42. 1
'40. 1
' 39. 7
' 41. 9
'40.7
40.3
'40.2
' 39. 8
'41.8
' 39. 7
'38.8

40.3
2.7
41.5
40.1
39. 2
41.5
40.7
40.2
40.0
39. 8
41.0
39. 5
38.6

HOURS AND MAN-HOURS
Seasonally Adjusted
Average weekly gross hours per production worker
on payrolls of private nonagrie. estab. 1_ .hours. .
Not seasonally adjusted
... . .. -do -..
Mining
-do ..
Contract construction . _ . _ . . . _ . . do
Manufacturing: Not seasonally ad justed .. -do
Seasonally adjusted
do
Overtime hours
do

37.7
43.0
37.9
40.6
3 6

3 0

37.4
37.2
43.2
38 0
40.0
40 2
3 2

Durable goods
do ..
Overtime hours
do
Ordnance and accessories
do
Lumber and wood products
do
Furniture and fixtures _
..do
Stone, clav, and glass products
do
Primary metal industries
do.- Fabricated metal products
do
Machinery, except electrical
do Electrical equipment and supplies
do
Transportation equipment-. ._ __
do
Instruments and related products
do
Miscellaneous manufacturing ind . d o -.

41.3
3 8
40.4
40.2
40.4
42 0
41.8
41.6
42 5
40.4
41 5
40.7
39 0

40.3
2 9
40.6
39.7
39.2
41 3
40.4
40.7
41.1
39. 9
40.3
40.1
38.7

40 7
3 2
41.1
39 5
39.4
41 8
40 7
41.2
41 8
40 2
40.4
40.7
39.0

40.4
3 0
41.1
39.8
39.3
41 6
40.1
40.9
41 4
40.0
39.7
40.5
39.0

40 3
3 0
40.8
39 7
38.8
41 3
40 2
40.6
41 1
39 7
40.3
40.1
38 7

40 4
3 2
40.6
39 6
38 9
41 1
40 4
40.9
41 1
39 5
41 6
40.2
38 6

40 7
31
40.3
39 8
39 3
41 2
40 7
41.3
41 1
40 4
41 2
40.3
39 1

40 3
2 9
40.4
39 8
39.0
41 0
40 4
40.6
40 9
39 9
40.7
40.0
38 6

39.8
2 7
39.7
39.6
38.3
40 9
40 9
39.8
40 1
39 2
39. 8
39.4
38. 1

39.9
2 6
40.1
39.2
39.2
41.0
39.9
40.1
40 4
39.7
39.8
39.8
38.3

40.0
2 5
40.2
39. 9
39.4
41. 1
39.6
40.0
40.6
39.6
30. 9
40.0
38.6

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 7
3 4
40 8
37.4
40 8
35 9

39.1

39.4

39 0
30
40 3
37.4
40 0
35.2

39 3
2 9
40 2
37.9
40 3
35 5

39 1
30
40 7
37.4
39 9
35 1

38 9

2.8

2.8

40.6
38.3
40.6
35.5

39 1
30
40.7
37.1
39 8
35. 1

38 6

40.5
37.8
39. 9
35.3

39 4
32
40.5
37.5
40 2
35.6

40.0
36.1
38.8
34.2

do
do
do
.do
do
-do

43 0
38.4
41 8
42 6
41.1
37 2

41.9
37.7
41.6
42.7
40.3
37.3

42 2
38.0
41 8
42 2
40.7
37 4

42.1
37.9
41.4
41.9
40.7
37.4

41.8
37.7
41 5
42.5
40.0
37 7

41.6
37.7
41 5
42.6
40.4
37 6

41 7
37. 9
41 5
42 6
40.8
37 6

41 7
37. 6
41 3
43 1
40.4
36 8

do
do ..
do
do
do. -.
do

40.7
35 6
40 2
34 2
37 1
34 7

40.5
35.3
40.0
33.8
36.8
34.5

40.6
35.3
40 1
33 8
37.0
34 7

40.2
35.3
40.1
33 7
36.9
34 4

40.6
35.4
40.1
33 9
36.8
34 5

40.6
35.4
39.9
33 8
36.7
34 4

40.7
35 4
40 0
33 9
36 8
34 Q

138. 59

140. 21

139.74

139. 05

138. 39

97.4
101.1
102.4
96.4
94. 2

101.6
102 9
108.6
100 3
99 4

100.3
102 2
107.8
99 0
97.5

98.3
100 2
104.4
97 1
95 7

102.1
101.8
107 0
106 1

75.6
95.1
98.1
100.6

85.4
96.7
101.5
103, 9

80.9
96.1
100.2
102.4

do ..
do ...
do

104 1
105 6
100.5

96.2
98.2
92.4

99.4
102. 5
99. 1

do
do
. _do
do

101.9
106 4
103.2
100 6

94.9
89.1
96. 1
94.9

102 8
101.3
90.2
103.5
100.0

99.5
100.9
87.2
97.3
96.1

Paper and allied products . . . .
Printing and publishing
Chemicals and allied products.
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
Trans., comm., elec., gas, etc*
Wholesale and retail trade _
Wholesale trade.
.
Retail trade
Finance, insurance, and real estate
Services*

37 2
42 7
37.4
39.8

3.0

2.6

2.7

40.6
39. 9
39.6
41.4
39. 9
40.3
40.4
39.7
40.2
39. 6
38.8

41.2
39.4
39.5
41.2
40.3
40.5
40.2
39.8
41.3
39.7
38.8

38.9

39.1

39.3

2.9

2.9

40.5
38.1
39 6
34.9

40.4
38.4
39. 6
35.4

40.5
39.0
39.7
35.4

40.8
39.4
40.4
35.2

' 38. 9
2 9
'40.7
36.1
'40.1
34.7

'39.1
' 2. 9
' 40. 4
' 37. 9
'40.4
35.1

39.2
2.8
40.4
38.4
40.8
35. 1

41.4
37.4
42.0
43.0
40.0
36 5

41.7
37.4
41 3
43.2
39.6
37 0

41.6
37.5
41.3
43.0
39.4
37. 1

41.5
37.6
41.4
43.5
39.5
37.3

41.9
37.7
41.6
42.6
40.1
37.0

41.8
'37.3
41.5
'43.3
40.0
36.6

'41.8
' 37. 5
'41.4
' 42. 2
' 40. 2
'37.4

42.1
37.4
41.7
42.3
40.5
38. 1

40.6
35.4
39 9
33 9
36 9
34 7

40.5
35.2
39 7
33 8
36.7
34 5

40.5
35.3
39 9
33 8
36.7
34 4

40.2
35.3
39.8
33.8
36.8
34.4

39.9
35.1
39. 9
33.6
36.6
34.4

40.1
35.0
39.7
33.6
36.7
34.2

'40.3
35.0
39.6
33.5
36.8
34.2

'40.5
35.0
39.6
33.6
36. 9
' 34. 0

40.6
35.3
39. 6
33.8
36.9
34.2

138.70

138. 24

138. 09

137. 04

136. 97

137. 32

97.9
99 9
102.1
97 1
95 6

97.9
99 7
101.4
97 2
95 5

96.6
99 0
100.8
95 8
93 9

94.6
99 0
93.1
94 7
92 9

92.4
100 8
98.6
91 1
86 9

92. 1
101. 7
100.0
90. 4
85. 7

94.6
101.8
103.0
92. 9
89.6

94. 1
101.7
97. 6
93.3
89. 8

79.2
95.3
96.1
100.5

76.5
93.9
95.6
99. 8

72.7
93. 6
96 8
98.9

93! 6
95.8
98. 6

69.9
93. 9
95. 4
99. 3

67.3
93. 0
96. 9
98.6

65.3
94. 1
97. 1
97.8

63.7
93. 3
96.8
99. 3

62.4
92. 9
96.8
98. 3

'60.8 ' 59. 7
' 95. 3 ' 95. 3
' 96. 1 97. 3
' 98. 7 ' 99. 1

57.7
96. 1
96.3
98.4

96.6
101.0
97.1

95.7
98.5
94. 5

95.9
98. 9
93. 2

96 5
100.0
92.8

95.7
98.5
90.4

98.3
97. 2
88.2

92.1
91. 9
85.5

89. 2
90. 1
84. 9

90. 7
94.1
83.8

91. 8
93. 9
82.1

92.5
93.2
'81. 1

' 92. 8
' 91. 2
' 80. 9

92 3
92. 9
79.8

100.1
96.7
101.2
99. 1

98.8
94.1
100.7
97.1

96.7
93.6
98.7
95.4

96.4
96.0
96. {,
94.6

98.0
93.7
96. 4
95.0

95.1
92.2
94.3
93. 5

92.8
90. 2
92. 6
92.0

90.6
68.6
91.5
90.7

88.0
68.0
90. 9
90. 3

88.8
87.8
89.3
93.1

88.5
91. 3
89.2
92. 5

'86.7
' 90. 6
'87.3
' 90. 1

'88.6
' 90. 5
'87. 1
' 91. 9

87.6
88.5
87.0
91. 4

101.7
103.0
88.2
99.6
97.7

101.2
101.8
90.1
100.5
97.3

99.2
101. 9
88.6
97.6
95.0

99.4
100.8
88.0
96. 9
95.9

99 8
99. 6
89.2
97.3
97.5

98. 5
100.4
90. 6
96. 1
95.0

97.3
98.3
79.8
93. 7
92. 9

97.1
98.8
84.3
94.6
93.7

97.4
'.)!>. 3
86.3
94.3
95.4

97.7
99. 8
84. 9
94. 9
95. 9

98.3
100.7
87.1
97. 1
95. 4

' 97. 7
97.3
99. 8
'100.7
'81.2
79.8
' 95. 8 95. 9
' 93. 4 ' 95. 5

98.2
99. 3
82.2
97. 3
96. 4

3.0

Seasonally Adjusted
Man-hours, all wage and salary workers, nonagrie.
establishments, for 1 week in the month, seas,
adjusted at annual ratef
bil. man-hours. . 139. 09
Man-hour indexes (aggregate weekly), industrial
and construction ind., totalf
_. ,1967= 100..
103.9
Mining
do
101 6
Contract construction..
do
107.4
Manufacturing
do
103 3
Durable goods _
do
103 6
Ordnance and accessories
Lumber and wood products
Furniture and
fixtures
Stone, clay, and glass products

do
do
do
. -do

Primary metal industries.
Fabricated metal products _ _
M achinery , except electrical

.

Electrical equipment and supplies
Transportation equipment _ _
Instruments and related products. . .
Miscellaneous manufacturing ind

Nondurable goods
do
Food and kindred products
do
Tobacco manufactures
do
Textile mill products ...
do
Apparel and other textile products. . do

' Revised.
v Preliminary.
IBeginning with the June 1970 SURVEY, payroll employment, hours, earnings, and turnover
data reflect actual employment levels for Mar. 1969 and new seasonal factors. Data in the 1969
BUSINESS STATISTICS are in accordance with Mar. 1968 benchmarks and are not comparable




137.55 ' 136. 76 ' 137. 84

137. 97

' 93. 2 ' 94. 1 94.0
' 101. 1 ' 101. 1 99. 3
' 95. 3 ' 100. 2 101.1
' 92. 5 ' 92. 7 92. 6
' 89. 2 ' 89. 4 88.7

with current estimates nor with the revised historical statistics to appear in the 1970 BLS
Bulletin No. 1312-7, "EMPLOYMENT AND EARNINGS, UNITED STATES, 1909-70," to be available
from the Superintendent of Documents, Govt. Printing Office, Wash., D.C. 20402.
*New series.
f Data beginning 1968 have been revised to new benchmarks.

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

1970

Annual

S-15

Mar.

Apr.

May

June

July

1971

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

'98.8
- 98. 7
100.0
- 103. 6

-98.6
- 99. 0
- 99. 2
- 100. 9
- 105. 2
-86.5

98.9
98.4
99.8
101.2
105.8
89.4

61 - 124. 02
60 -168.40
32 - 204. 42
29 139. 74

124. 75
170. 89
205. 53
139. 83
151. 18
156. 15
124. 31
110. 01
148. 21
171. 79
147. 23
157. 60
136. 72
179. 82
137. 55
113. 66
125. 32
134. 19
121.27
101. 85
86.54
150, 54
153. 26
162. 57
195. 11
134.74
95.09
162. 41
99.12
142. 63
S5.17
119.56
102.64

Apr.p

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HOURS AND MAN-HOURS— Continued
Man-hour indexes, seas, adjusted— Continued
Manufacturing indus., nondurable goods— Con.
Paper and allied products, -1967=100
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

105.2
103.0
105.7
98.2
115.1
95.0

101.7
101.4
102.4
102.5
107.0
90.2

104.6
103.3
104.1
102.7
112.2
91.6

104.0
102.6
102.6
101.1
111.5
92.0

102.3
101.1
102.2
102.5
100.3
92.4

101.4
100.8
101.7
102.8
106.8
92.8

100.7
101.5
102.0
102.8
110.3
92.5

100.0
100.1
101.0
103.1
106.5
88.0

99.8
100.2
103.4
101.1
106.2
86.9

99.1
99.6
101.2
102.5
102.0
87.8

99. 4
99. 7
100.2
102.0
100.5
87.1

98.8
100.3
100.1
103.2
100.8
86.9

99.6
100.0
100.6
101.9
102.5
86.5

WEEKLY AND HOURLY EARNINGS
Not Seasonally Adjusted
Avg. weekly gross earnings per prod, worker on
payrolls of private nonagric. estab. 1_ ..dollars. .
Mining
- ----- -----do.- Contract construction
_
do..
Manufacturing establishments
do
Durable goods
do.
Ordnance and accessories --.
do
Lumber and wood products
...do
Furniture and fixtures- ..
do
Stone, clay, and glass products
do..
P rimary metal industries
do .
Fabricated metal productsdo
Machinery, except electrical
.
do
Electrical equip, and supplies..
do .
Transportation equipment.
do
Instruments and related products.
do
Miscellaneous manufacturing ind
..do .
Nondurable goods
do
Food and kindred products.
do
Tobacco manufactures
do
Textile mill products
do
Apparel and other textile products
do
Paper and allied products.
do
Printing and publishing
do
Chemicals and allied products ._
.do..
Petroleum and coal products
do
Rubber and plastics products, nee
do
Leather and leather products
.do.. .
Trans., comm., elec., gas, etc.*
do
Wholesale and retail trade.
...do
Wholesale trade..
do
Retail trade._
do
Finance, insurance, and real estate
do
Services*..
do

114. 61
154. 80
181. 16
129. 51
140. 01
138. 17
110. 15
105. 85
133. 98
158. 42
138. 94
152. 15
124. 84
161. 85
128. 21
103. 74
115. 53
120. 77
97.99
95.47
82.93
139. 32
141. 70
145. 05
170. 40
126. 18
87.79
147. 74
91.14
129. 85
78.66
108. 33
91.26

120. 16
163. 97
195. 23
133. 73
143. 47
146. 57
117.51
108. 58
140. 42
159. 18
143. 67
154. 95
131. 27
164. 02
133. 93
109. 52
120. 43
127. 98
110.38
97. 76
84.37
144. 14
147. 78
153. 50
182. 33
128. 96
92.88
155. 93
95. 66
137. 60
82.47
112. 98
97.98

117. 92
160. 27
188. 23
132. 40
142. 51
145. 66
112. 97
105. 96
137. 12
157. 49
142. 33
157. 88
129. 92
160. 40
133. 50
109. 20
118. 78
124.00
105. 56
97.04
84.85
140. 70
145. 92
150. 48
176. 81
127. 26
91.64
150. 75
93.80
136. 00
80.49
112. 85
96.81

117. 34
163.35
192. 91
131. 80
141. 50
146. 06
114. 62
105. 65
139. 03
156. 35
142. 10
155. 25
128. 30
156. 80
132. 59
108. 64
118.56
124. 49
110.56
96.56
83.90
140. 53
145. 15
150. 18
179. 77
127. 35
90.02
149. 25
93.88
135. 66
80.25
111.81
95.70

118. 40
162. 26
194. 31
132. 93
143. 07
146. 47
117. 09
105.88
140. 27
157. 56
143. 26
154. 95
129. 49
164. 02
132.00
108. 47
118. 95
127. 98
110. 03
96.47
82.84
142. 12
145. 89
151. 42
181.90
123. 29
93.38
153. 12
94.50
136. 06
81.41
111.57
96.04

120. 05
163. 88
196. 99
134. 40
144. 94
146. 11
119. 50
107. 92
141. 10
159.54
145. 49
155. 32
130. 68
170. 56
133.39
108. 75
119. 95
127. 58
115. 14
97.93
84.25
142. 61
147. 03
152. 72
181.04
127. 26
94.87
156.29
96.12
136. 80
82.86
111. 57
96.95

121. 45
163. 88
200. 20
134. 46
143. 87
143. 28
118.31
107. 86
141. 25
159. 96
144. 79
153. 06
132. 14
166. 06
132. 87
108. 29
121. 44
128. 61
113.63
96.96
84.61
144. 70
148. 18
153. 59
184. 45
129. 68
93. 99
159. 06
98.10
137. 83
85.16
112.61
98.77

122. 20
163. 97
204. 05
134. 13
143. 92
145. 52
122. 31
111.00
142. 35
160. 80
144. 89
152. 31
131. 74
164. 40
133. 73
108. 85
121. 04
128. 96
104. 81
97. 60
85.56
146. 23
149. 31
153. 68
184. 03
130. 41
91. 76
159. 51
98. 74
138. 35
85.40
1 13. 65
99. 75

121. 73
164. 55
194. 03
135. 43
145. 56
146.00
121. 70
108. 92
142. 83
166. 46
145. 44
152. 76
131. 54
167. 66
134. 64
109. 16
122. 15
130. 56
108. 29
96.19
83.45
147. 97
151. 18
158. 76
187. 49
132. 03
90.86
159. 95
97. 08
137.76
84.07
113. 09
99.76

121. 36
168. 56
203. 79
133. 45
142. 76
147. 53
120.78
111.72
143. 66
157. 61
142. 61
153. 92
132. 47
162. 41
136.00
110. 30
122. 07
129. 92
111. 50
99. 75
84.46
147. 07
150. 38
155. 70
187. 05
129. 60
92. 00
159. 96
96.88
139. 25
83.08
114.82
99.81

121. 07
168. 70
196. 57
134. 58
143. 56
151. 07
120. 78
111. 56
144. 20
157. 21
142. 31
155. 09
134. 00
164.02
137. 08
112. 03
123. 17
131. 54
112.81
100. 80
86.38
147. 55
150. 75
157. 29
186. 62
130. 61
93. 37
159. 58
96. 95
139. 74
83. 17
115.55
100. 84

122. 43
170. 25
203. 08
138. 45
149. 45
154. 54
119. 89
114. 33
144. 96
161. 60
147. 78
157. 49
138. 23
176. 71
138. 00
113. 88
124. 58
133.09
119. 10
101.45
86.49
148. 75
153. 90
158. 08
185. 76
132. 47
96.27
158. 40
97. 08
141. 15
83.73
115.61
101. 48

122. 58
168. 75
198. 55
138. 60
149. 57
156. 83
117.09
110. 09
142. 21
164. 83
147. 17
155. 57
135. 83
182. 10
136. 28
112. 22
124. 09
134. 13
115.28
101. 60
85.61
147. 74
151. 03
157. 77
185. 64
132. 47
95.23
159. 20
97. 51
141. 37
83.66
117. 07
101. 62

-151.37
r
158. 59
r
189. 50
-131.47
95. 20
- 161. 60
- 97. 92
-141.45
- 84. 07
118.86
- 102. 30

-151.50
- 157. 59
-123. 11
-112.29
- 147. 80
- 168. 50
146. 40
- 159. 17
- 137. 76
- 182. 96
-137.76
-113.68
- 124. 87
- 133. 27
-114.82
- 102. 77
87.54
- 149. 34
- 153. 38
- 158. 98
- 187. 26
- 132. 47
- 96. 09
- 160. 80
98. 20
-141.81
84.33
119.56
- 102. 00

99.99
91.07
111.44
101. 49

105. 16
90.42
115. 90
99. 66

103. 39
90.30
114.85
100.31

102. 95
89.37
114. 37
99. 28

103. 77
89.69
115. 27
99.63

105. 08
90.35
116. 43
100.11

106. 18
90.99
116.48
99. 81

106. 78
91. 34
116. 22
99.42

106. 40
90.55
117.25
99. 79

106.11
89.85
115. 68
97. 95

105. 88
89. 35
116. 58
98. 38

106.96
89.81
119. 66
100.47

107. 83
90. 46
120. 55
101. 13

107. 85
90. 33
120. 31
100. 76

108. 95
90. 94
121.47
101. 39

3.04
3.60
4.78
3.19
3.06
3.39
3.24
3.42
2.74
2.62
3.19
3.79
3.34
3.58
3.09
3.90
3.15
2.66
2.91
2.79
2.96
2.62
2.34
2.31
3.24
3.69
3.47
4.00
3.07
2.36
3.63
2.56
3.23
2.30
2.92
2.63

3.23
3.84
5.22
3.36
3.24
3.56
3.43
3.61
2.96
2.77
3.40
3.94
3.53
3.77
3.29
4.07
3.34
2. 83
3.08
2.97
3.16
2.92
2.45
2.39
3.44
3.92
3.69
4.27
3.20
-2.49
3.85
2.71
3.44
2.44
3.07
2.84

3.17
3.78
5.06
3.31
3.19
3.51
3.38
3.57
2.86
2.71
3.32
3.86
3.48
3.75
3.24
4.01
3.28
2.80
3.03
2.92
3.10
2.90
2.42
2.37
3.35
3.84
3.60
4.23
3.15
2.47
3.75
2.68
3.40
2.41
3.05
2.79

3.18
3.79
5.09
3.32
3.21
3.52
3.40
3.58
2.88
2.73
3.35
3.87
3.50
3.75
3.24
4.00
3.29
2.80
3.04
2.93
3.12
2 98
2.42
2.37
3.37
3.85
3.61
4.26
3.16
2.48
3.75
2.69
3.40
2.41
3.03
2.79

3.20
3.80
5.10
3.34
3.22
3.55
3.42
3.59
2.92
2.75
3.38
3.90
3.52
3.77
3.27
4.06
3.30
2.81
3.05
2.94
3.16
2.99
2.43
2.36
3.40
3.88
3.64
4.25
3.09
2.49
3.79
2.70
3.41
2.43
3.04
2.80

3.21
3.82
5.13
3.36
3.23
3.57
3.44
3.59
2.98
2.76
3.40
3.92
3.54
3.77
3.30
4.10
3.31
2.81
3.06
2.95
3.15
3.03
2.43
2.38
3.42
3.90
3.68
4.23
3.15
2.49
3.84
2.70
3.42
2.43
3.04
2.81

3.23
3.82
5.20
3.37
3.25
3.57
3.45
3.60
2.98
2.78
3.42
3.94
3.54
3.77
3.32
4.08
3.33
2.82
3.09
2.98
3.16
3.03
2.43
2. 39
3.47
3.92
3.71
4.25
3.21
2.48
3.87
2.71
3.42
2.44
3.06
2.83

3.25
3.84
5.30
3.37
3.25
3.58
3.46
3.62
3.05
2.81
3.43
3.99
3.56
3.77
3.31
4.11
3.36
2.82
3.08
2.97
3. 13
2.78
2.44
2.41
3.49
3.95
3.73
4.26
3.22
2.48
3.90
2.72
3.45
2.44
3.08
2.85

3.29
3.89
5.36
3.42
3.29
3.63
3.49
3.65
3.05
2.80
3.45
4.07
3.60
3.80
3.33
4.15
3.40
2.85
3.14
3.02
3.20
2.88
2.46
2.44
3.54
4.01
3.78
4.32
3.26
2.51
3.93
2.75
3.47
2.48
3.09
2.90

3.28
3.92
5.42
3.37
3.26
3.56
3.44
3.67
3.05
2.80
3.47
3.99
3.53
3.81
3.32
4.01
3.40
2.85
3.13
3.01
3.20
2.83
2.50
2.42
3.51
4.01
3.77
4.31
3.24
2.50
3.94
2.76
3.49
2.48
3.12
2.91

3.29
3. 96
5.43
3.39
3.28
3.58
3.46
3.73
3.05
2.81
3.50
3. 99
3.54
3.82
3.35
4.03
3.41
2.88
3.15
3.04
3.24
2.93
2.52
2.44
3.53
4.02
3 79
4.33
3. 29
2.51
3. 95
2.77
3.52
2. 49
3. 14
2. 94

3.30
3. 95
5.43
3.47
3.35
3.69
3.57
3.76
3.02
2.83
3.51
4.05
3.64
3.86
3.43
4.31
3.45
2.92
3.17
3.06
3.27
3.00
2.53
2.45
3.55
4.05
3.80
4.33
3.32
2.54
3.97
2.75
3.52
2.47
3.15
2.95

3.34
3. 98
5.50
3.50
3. 39
3.73
3.61
3.77
3.01
2.83
3.52
4.08
3.67
3.87
3.43
4.42
3.45
2.93
3.19
3.08
3.32
3.01
2.54
2.46
3.56
4.06
3.82
4.42
3.32
2.56
3.99
2.81
3.57
2.52
3. 19
2.98

3.35
4.00
-5.53
3.51
3.40
3.74
3.62
3.77
3.06
2.84
3.55
4. 10
3.67
3.90
3.44
4.45
3.46
2.94
3.20
3. 10
3.33
3.02
2.54
2.48
-3.58
4.08
-3.84
4.48
-3.32
2.58
4.03
-2.83
3.59
2.54
3.23
-3.00

-3.37
-4.00
-5.51
3.52
3.40
-3.75
3.63
-3.77
-3.07
-2.85
-3.57
-4.13
3.66
- 3. 93
-3.47
-4.43
-3.47
- 2. 93
3.21
3. 10
3.34
- 3. 12
2.55
2.48
3.59
-4.09
3.84
4.48
- 3. 32
- 2. 59
-4.01
2.83
- 3. 59
2.54
3.24
-3.00

3.39
4.04
5.54
3.54
3.43
3.77
3.65
3.79
3. 10
2.86
3.58
4.19
3. 69
3.94
3.47
4.44
3.50
2. 96
3.23
3. 13
3.38
3. 26
2.54
2.47
3.61
4.12
3.88
4.58
3.36
2.57
4.04
2.84
3. 02
2. 55
3.24
3.01

4.629
6.514
1.55
13.708

5.224
7.314
1.64
v 3. 893

4.927
6.921

4.963
6.963
1.66
3.819

5.048
7.144

5.168
7.240

5.42
7.553

5.427
7.61

5.53
7.706

5.629
7.828
1.76

5. 629
7.841

5.64
7.878

5. 717
7. 992
1.7«

3.884

3.935

3. 932

5.480
7.64
1 61
3. 913

5.52
7.67

3.904

5.396
7.50
1.66
3.874

3. 961

4.001

Spendable earnings per worker (with 3 dependents), total private sector§_ ..current dollars ..
1967 dollars..
Manufacturing
current dollars
1967 dollars ..
Avg. hourly gross earnings per prod, worker on payrolls of private nonagric. estab. f
dollars
Mining
.
do
Contract construction
_.
do
Manufacturing
..
do
Excluding overtime
do
Durable goods. __ .
do
Excluding overtime
do
Ordnance and accessories
do
Lumber and wood products
do
Furniture and
fixtures.
do "
Stone, clay, and glass products
do
Primary metal industries
do
Fabricated metal products
do
Machinery, except electrical
do
Electrical equip, and supplies
do
Transportation equipment
do
Instruments and related products
do
Miscellaneous manufacturing ind
do
Nondurable goods
do
E xcludlng overtime
do
Food and kindred products
do
Tobacco manufactures
do
Textile mill products
do
Apparel and other textile products.
do
Paper and allied products
do
Printing and publishing. _ _
do
Chemicals and allied products..
do
Petroleum and coal products...
" do """
Rubber and plastics products, nee
do..
Leather and leather products
do
Trans., comm., elec., gas, etc.*
do
Wholesale and retail trade
"" do
Wholesale trade
do
Retail trade
do ""
Finance, insurance, and real estate
do
Services*
_.
"do
Miscellaneous hourly wages:
Construction wages, 20 cities (E NR): &
Commonlabor
.....$ per hr..
Skilled labor
*do
Farm, without board or rm., 1st of mo
do
Railroad wages (average, class I) ...
" do"

f S e s p o n d n s - H .
d* Wages as of May 1, 1971: Common, $5.86; skilled, $8.21.




3.801

' 103. 3

- 84. 9

122.
167.
r 196.
138.

149. 23
r 155. 32
120. 56
109. 91
••144. 13
166. 05
146. 07
156. 39
134. 85
181. 56
135. 98
111.72

-123.84
133. 20
107. 81
r
101. 60
86.06

r

r 148. 21

SURVEY OF CURRENT 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

1969

1970

Annual

May 1971

1970
Mar.

Apr.

May

June

July

1971
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HELP-WANTED ADVERTISING
Seasonally adjusted index t

-

1967 = 100. .

LABOR TURNOVERA
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:

New hires
Separation rate, total
Quit

-

-

122

93

-•103

100

97

94

92

91

87

78

80

80

'75

77

p78

4.7
3.7
4.9
2.7
1.2

4.0
2.8
4.8
2.1
1.8

3.7
2.6
4.5
1.9
1.6

3.7
2.6
4.8
2.1
1.7

4.2
2.8
4.6
2.1
1.5

5.4
3.9
4.4
2\
1.5

4.4
2.9
5.3
2.1
2.3

5.1
3.5
5.6
3.0
1.7

4.7
3.4
6.0
3.3
1.7

3.8
2.7
5.3
2.1
2.2

3.0
1.9
4.3
1.4
2.1

2.4
1.4
4.1
1.2
2.3

3.5
2.0
4.2
1.4
1.9

'3.2

3.6
2.2
3.8
1.5
1.5

3.9
3.0
5.0
2.2
1.8

4.0
2.8
5.2
2.2
2.0

4.2
2.7
5.0
2.1
1.9

4.0
2.7
4.8
2.2
1.9

4.1
2.8
4.9
2.2
1.6

4.1
2.9
4.5
2.1
1.8

3.8
2.7
4.4
2.0
1.9

3.6
2.4
5.0
1.9
2.2

3.7
2.3
4.8
1.7
2.0

38
2.3
4.4
1.9
1.8

3.7
2.3
4.4
1.6
1.7

r39
4 2
17
16

3.9
2.5
4.2
1.7
1.7

390
294

600
429

750
309

600
212

490
192

420
135

550
539

410
159

270
72

160
449

280
222

330
114

410
116

570
364
2,230

810
495
5,450

960
580
7,965

840
428
5,040

750
354
4,378

700
202
2,800

810
655
7,625

650
608
10, 056

510
469
6,458

370
527
2,438

440
286
2 709

490
169
1 771

590
200
2,292

328

352

339

374

333

330

345

304

289

230

257

233

295

3,195

3,216

3, 091
2, 575

- do_ _
do
do

INDUSTRIAL DISPUTES
Strikes and lockouts:
Beginning in period:
5,700 P 5, 600
Work stoppages
number
2,481 ' 3, 300
Workers involved
- .. __thous _
In effect during month:
Work stoppages
number
TVorkers involved
thous
42, 869 » 62, 000
Man-days idle during period
do
EMPLOYMENT SERVICE AND UNEMPLO YMENT INSURANCE
5,153
3,845
Nonfarm placements
thous. _
Unemployment insurance programs:
2,070
1,177
Insured unemployment, all programs §
do
State programs:
15, 387
10, 385
Initial claims
do
1,101
1,805
Insured unemployment, weekly avg
do _
Percent of covered employment:^
3.4
2.1
Unadjusted
Seasonally adjusted
923
1,518
Beneficiaries, weekly average
__thous__
2, 127. 9 3, 848. 5
Benefits paid
mil. $
Federal employees, insured unemployment,
31
20
weekly average— .
thous._
Veterans' program (UCX):
333
Initial claims
_ _ _ do
556
79
37
Insured unemployment, weekly avg do
34
Beneficiaries, weekly average
do
87.0
Benefits paid
_ . mil. $
Railroad program:
100
Applications
thous
128
17
Insured unemployment, weekly avg .do
18
37.0
38.7
Benefits paid
mil. $

r 19

35
13
15
r2 4

1,917

1,885

1,778

1,696

1,897

1,855

1,746

1,889

2,233

2,632

1,078
1,798

1,333
1,770

1,010
1,667

1,118
1,583

1,502
1,761

1,068
1,710

1,079
1,607

1,208
1,724

1,432
2,017

1,863 ' 1, 756 1,291
2,751
2,799
2,369

3.5
2.8
1,581
331.1

3.4
3.2
1,533
320.2

3.2
3.6
1,462
292.9

3.0
3.7
1,382
291.7

3.3
3.6
1,414
314.2

3.2
3.7
1,500
311.4

3.0
4.1
1,375
300.2

3.2
4.4
1,377
304.2

3.7
4.4
1,553
342.1

5.2
5.3
4.4
3.8
3.7
4.0
1,900 ' 2, 302 2,154
461.5 ' 526. 7 552.3

4.8
3.9

29

27

26

27

31

33

32

33

35

36

37

37

35

42
69
66
14.2

47
70
67
14.6

38
70
67
14.0

47
73
69
15.3

51
84
77
18.0

44
89
87
18.6

46
81
81
18.3

49
83
75
17.3

51
97
86
19.1

59
113
107
26.2

56
127
123
'27.8

50
128
114
28.1

128

9
19
37

8
16
3.6

4
15
2 4

12
11
2 3

21
15
2.0

16
17
3.0

12
18
29

16
22
3.5

8
20
3.7

9
20
4 2

14
31
4 7

38
22
4 4

30
19
4-6

FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
mil $
Commercial and finance oo. 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

5 451
31,709
11,817
19, 892

7
31
12
19

058
765
671
094

5 352
37, 164
13, 634
23, 530

5 614
38 Oil
13 735
24 276

5 801
39* 724
13 952
25 772

5 849
37 793
12, 989
24 809

5 973
36 961
12, 034
24 927

5,979
36 570
12, 044
24 526

5 848
33 958
12, 518
21 440

6 167
34 401
13, 084
21 289

6,267
33, 966
13, 301
20, 665

7 058
31, 765
12, 671
19, 094

6 912
32 295
13, 433
18 862

6,984
32, 506
13, 921
18, 585

7,174
31 223
13, 570
17, 653

13,204

14 773

13, 826

14 032

14 190

14 353

14 308

14, 338

14 443

14, 573

14, 616

14, 773

14 957

15, 206

15, 492

6,714
1 732
4,758

7 186
2 030
5 557

6 833
1 840
5,154

6 891
1 828
5*313

6 942
1 796
5 452

6 995
1 749
5 609

7 026
1 762
5 519

7,061
1 778
5,499

7 101
1 852
5 489

7,137
1 973
5,463

7,156
2,020
5,439

7,186
2 030
5,557

7 210
2 119
5 628

7,258
2 164
5,784

7,347
2 153
5,993

Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted:
Total (233 SMSA's)O- bil. $
New York SMSA
.
do
Total 232 SMSA's (except N.Y.)
6 other leading SMSA's T 226 other SMSA's
.
__

9 842 0 10 164 2 10 015 7 10 136 3 10 207 8 10 550 5 10 552 0 10 780 2 10 533 9 10 896 5 10,710 1 r ll 535 411 442 4
4 336 7 4 422 0 4 249 4 4 366 0 4 324 3 4 770 6 4 668 1 4 899 8 4 824. 0 5 016 1 4 825 9 5 477 4 5,309.7

do
do
do

Federal Reserve banks, condition, end of period:
Assets, total 9
.
mil. $

5 5053 5 7423 5 7664 5 770 3 5 883 6 5,779.9 5 8839 5 880.5 5,709.9 5,880.3 5 8842 '6,058.0
2 291 4 2 417 9 2 460 0 9 443 3 2 508 2 2 478 8 2 502 9 2 497 4 2 420 1 2 480 1 2 475 2 2r 550 4
3 213 9 3 324 4 3 306 4 3 327 o 3 375 3 3 301 1 3 381 o 3 383 0 3,298.8 3 4002 3 409 0 3.507.6
84 050

90 157

82 709

Reserve bank credit outstanding, total 9 ..doDiscounts and advances
_
do
U.S. Government securities
do

60, 841
183
57, 154

66 795
335
62 142

59 348
684
55 785

Gold certificate account

10 036

10 457

11 045

do

Liabilities, total 9
Deposits, total
Member-bank reserve balances

__

Federal Reserve notes in circulation...
r

88 536 *>90, 681

64 900
308
61 783

65, 616
263
62 462

67, 387
391
64 160

10 457

10 464

10 464

10 464

88 536 ?90 681

84 794

85 708

87 366

86 609

88 464

90 157

60 729
545
56 508

61,683 60728
1 451
420
57* 307 57 714

62 411
1 292
58 597

62, 089
538
59 947

63 297
852
59 975

63 527
498
60 015

63, 737
300
61 233

66, 795
335
62 142

11 045

11 045

11 045

11 045

10 819

10 819

10 827

84 024

9

11 045

do

84 050

90 157

82 709

84 690

84 0 4

84 102

84 794

85 708

87 366

86 609

88 464

90 157

88 334

do
do. ..

24, 338
22, 085

26 687
24 150

24 726
22 495

25 895
23 082

25 187
23 041

23970
21 991

25 253
23 072

24 536
22, 557

26 037
23 938

26 007
24 206

24 104
22, 689

26 687
24, 150

26 441
24 565

26 396
24 409

27 748
25, 895

do

48, 244

51 386

46 992

47 254

47 879

48 391

48 746

48 952

49 128

49 314

50 390

51 386

50 206

50 200

50 593

Revised.
p Preliminary.
J Monthly data prior to 1970 will be available later.
A See note 'T', p. S-14.
§Beginning Jan. 1970, data include claims filed under extended duration provisions of
regular State laws.




88 334

84 102

84 690

6,132.7
2,522.6
3 610.1

d* Insured unemployment as % of average covered employment in a 12-month period.
OTotal SMSA's include some cities and counties not designated as SMSA's.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland and Los
Angeles-Long Beach.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

May 1971
1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1970

|

End of year

S-17

1970
Apr.

Mar.

May

June

July

1971

Aug.

Sept.

Oct.

Nov.

j Dec.

Jan.

Feb.

Mar.

Apr,

FINANCE—Continued
B ANKIN G— Continued
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total
_ _ . . __mil. $__ i 28, 031 i 29, 265
i 27, 774 i 28, 993
Required
do
1257
1272
Excess
do .
i 1, 086
1321
Borrowings from Federal Reserve banks.. .do
i
-829
Free reserves
do
i -49
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:J
Deposits:
Demand, adjustedd*1
mil $

2

90,288

2

27, 567
27, 380
187
888
-701

28, 128 28, 349
27, 987 28,204
145
141
1,358
827
-1,217 -682

28, 825
28, 553
272
607
-335

28,701
28,447
254
462
-208

28, 558
28,432
120
425
-305

29,265
28, 993
272
321
-49

87, 739 ' 80,853 ' 80,547 ' 78,278 ' 78,248

79, 857 ' 79,425

80, 407

81, 780

80,299

87, 739

2

Demand, total 9
Individuals, partnerships, and corp
State and local governments
U.S. Government
Domestic commercial banks .

do
2 150,897 147,355
do. . 2 105,605 2 103,149
do
22 7, 942
2 6, 774
do
2, 989
2 4, 380
do _ 2 20, 801 2 21, 704

Time, total 9
Individuals, partnerships, and corp.:
Savings..
_
Other time

do

2

do
do

2

Loans (adjusted), total cf _
.
_ . do
Commercial and industrial
do
For purchasing or carrying securities
do
To nonbank financial institutions _
do
Real estate loans.
do
Other loans
do
Investments, total
._ _ _ do
U.S. Government securities, total
do
Notes and bonds
do
Other securities..
. do

96, 589

46, 490
2 36, 502

2 59, 536
22 23, 853
19, 789
2 35, 683

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

27, 910
27, 729
181
976
-795

'130,554 ••130,510 128, 669 '130,597 140, 018 131, 032 132, 521 147, 355
r 91,017 '90,119
91, 029 ' 90,761 ' 94,516 ' 92,376 ' 93,762 103, 149
5, 695 ' 5, 771 ' 7, 682 ' 5, 925
' 6, 353 r 6, 607
6,390
6,774
5, 798 ' 3, 722 3, 569
' 3, 760 ' 5, 075 4,887 ' 5, 555
4,380
' 17,108 ' 17,182 17, 072 ' 17,728 20, 962 19, 382 19, 186 21,704

r
30, 488 29,880 P 29,672
30, 209 ' 29,679 29, 493
'201
179
279
'328
319
370
-140
-91 '-127

82,284

81,234

82, 590

82, 275

138, 249 135, 248 146, 453 141, 474
94,883 93,744 99, 265 97, 099
6,353
6,460
6,957
6,483
5,833
2,873
6,563
4,320
20,
751
24,
704
19,651 20, 175

2 119,443 ' 97,354 r 99,281 ' 99,470 ' 99,675 106, 495 '109,721 '113,635 '114,820 '116,431 119, 443 123, 102 125,842 129, 175 129, 338
2 48, 035 ' 45,982 r 45,869 ' 46,066 '46,165
2 51, 650 r 36,220 ' 36,785 ' 36,919 ' 37,319

72, 194 r 58,776 r 60,866
22 28, 061 'r 21,872 22, 878
21, 983 19,346 19, 455
2
44, 133 ' 36,904 ' 37,988

2
432. 5
2288.9
258.0
285.6

400.9
277.6
50.3
73.0

46, 335 ' 46,323 46, 811
41, 862 ' 43,982 ' 47,540

'168,552 -•167,582 '169,626 '171,469 '171,289 '174,441
r 78,566 ' 77,910 ' 79,564 ' 79,319 ' 79,219 ' 81,154
f 6, 493 <• 6, 172 ' 5, 728 ' 5, 934 ' 6, 251 6,091
r 11,111 ' 10,867 r 11,453 ' 13,053 ' 12,664 ' 13,229
' 33,401 ' 33,469 ' 33,559 ' 33,620 r 33,712 ' 33,939
r 45,178 r 45,380 ' 46,039 ' 45,428 ' 46,288 ' 46.574

2

403. 5
277.0
52.4
74.0

r 60,433
r 22,779
' 20,269
' 37,654

' 59,693
' 21,655
' 19,842
' 38,038

' 61,268
' 23,378
' 19,644
' 37,890

' 63,131
' 24,556
' 21,070
' 38,575

64,851
24, 793
20, 598
40, 058

405.9
278.0
53.4
74.5

406.4
277.4
54.1
75.0

412.8
281.5
55.8
75.5

418.3
284.1
57.5
76.7

423.7
287.3
57.6
78.8

47, 013 ' 47,334
49, 086 ' 50,431

'172,890
79, 968
6,436
' 12,573
' 34,065
' 47,025

'172,776
' 79,913
6,537
12,489
' 34,077
' 46,523

66, 319 ' 68,289
25, 593 26,211
20, 720 ' 21,935
40, 726 42, 078

424.0
286.9
56.3
80.8

427.3
287. 7
56.5
83.2

38.21
38.02
38.53

38.48
38.22
3
8. 86

8.49
8.24
8.86

8.50
8.24
8.89

8.07
7.74
8.47

38.24
37.93
38.19
38.18

3
8 46
3
8 44
3

8.44
8 44
8.61
8.42

8.47
8.49
8.53
8.54

8.05
8.15
8.08
8.16

8. 52
3
8. 49

6.00

75, 678
26, 569
22, 160
49, 109

432.5
288.9
58.0
85.6

438.0
291. 2
58.4
88.4

443.6
294.3
59.6
89.8

447.6
294.3
61.2
92.1

447.6
293. 9
59. 9
93.8

4.75

4.75

4.75

8.66

8.62

7.86

7.24

6.80

8.31
8.19

8.32
8.21

8.35
8.25

8.31
8.27

8.33
8.20

8.26
8.18

8.20
8.12

8.03
7.94

7.74
7.67

7.52
7.48

8.02
8.23
7.43
8.00

7.78
8.21
7.55
8.00

7.61
8.29
7.64
8.00

7.20
7.90
7.48
8.00

7.03
7.32
7.12
7.90

6.54
6.85
6.76
7.75

5.79
6.30
6.16
7.40

5.32
5.73
5.48
6.92

4.77
5.11
5.07
6.28

4.09
4.47
4.37

5.88

3.80
4.19
4.05
5.49

4.36
4.57
4.27
5.32

7.035
7.97

6.742
7.86

6.468
7.58

6.412
7.56

6.244
7.24

5.927
7.06

5.288
6.37

4.860
5.86

4.494
5.72

3.773
5.31

3.323
4.74

3.780
5.42

7.54
8.06
7.26
8.00

4 6. 437
47.34

6.710
7.20

6.480
7.49

* 6. 677
46.85

75, 515
28,060
22, 384
47, 455

5.00

7.60
8.33
7.68
8.40

<7.61
<7.83
* 7. 16
< 7. 96

73, 618
27, 593
22, 361
46, 025

7.64

47.28
47.71
47.22
47.95

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 nio.do
Stock Exchange call loans, going rate
do

73,229
28,268
22,322
44,961

5.50

8.28
8.18

8. 27
8. 20

72, 194
28, 061
21, 983
44, 133

8.08

8.24
8.19

3
3

'178,583 174, 453 174, 538 176, 290 176, 634
' 81,693 80,039 ' 80,800 81, 208 81, 191
6,716
' 8, 560 7, 292
6,915 ' 7, 314
' 13,642 12,617 12,412 13, 278 13, 295
' 34,U35 34,284 34,416 34, 553 34, 730
' 50,906 48,093 ' 49,007 '48, 224 48, 935

5.75

8.29
8.26

37.66
37.68

53,044
54, 796

8.30

8.67

8.76

52, 973
55, 544

6.00

8.75

8. 50

50, 458
54, 889

6.00

8.66

Home mortgage rates (conventional 1st mortgages):
New home purchase (U.S. avg.)
percentExisting home purchase (U.S. avg.)
do

49,145
53,770

8.51

6.00

6.00

3

48, 035
51, 650

6.00

6.00

5.50

37.23

Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent.
3-5 year issues
do

28, 096
27, 978
118
822
-704

••130,762 ••131,785
' 89,223 r 91,693
' 6, 360 r 6, 458
' 4, 018 4,281
' 16,643 16, 407

22175,756 2'178,583 ••168,339
81, 491 2' 81, 693 ' 78,496
2 7,811 * 8, 560 f 6, 597
2
13, 148 2' 13, 642 ' 10,845
2 33, 617 2r 34, 035 ' 33,485
2
44, 177 2' 50, 906 r 45,752

Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas. adj. :
Total loans and investments©
bil $
2401.3
LoansO _
.
do
2 278. 1
U.S. Government securities.
. ..do
251.9
Other securities
do
271.3
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

27,473
27,358
115
896
-781

6.00

6.00

CONSUMER CREDIT
(Short- and Intermediate-term)
Total outstanding, end of year or month
Installment credit, total

mil. $.. 122, 469

126,802 119, 698 120, 402 121, 346 122, 542 123, 092 123,655 123, 907 123, 866 123,915 126, 802 125, 077 123,815 123, 604

do

98, 169

101, 161

96, 662

97, 104

97, 706

98, 699

99, 302

99, 860 100, 142

99, 959

99, 790 101, 161 100, 101

99, 244

99, 168

Automobile paper
Other consumer goods paper
_
Repair and modernization loans
Personal loans

do
do
do
do

36, 602
27,609
4,040
29, 918

35, 490
29, 949
4,110
31,612

36, 088
26, 814
3,951
29, 809

36, 264
26, 850
3,960
30, 030

36, 455
27, 055
4,003
30, 193

36, 809
27, 303
4,040
30, 547

36, 918
27, 538
4,081
30, 765

36, 908
27, 801
4,104
31, 047

36, 738
28, 055
4,123
31, 226

36, 518
28, 152
4,126
31, 163

36,011
28, 378
4,133
31, 268

35, 490
29, 949
4,110
31,612

35,004
29, 575
4,067
31,455

34, 869
28, 928
4,051
31, 396

35, 028
28, 591
4,045
31, 504

By type of holder:
Financial institutions, total
Commercial banks..
Finance companies If

do
do
do

84, 982
40, 305
31, 734

87,064
41, 985
31, 123

84, 308
39, 956
31,433

84, 802
40, 245
31, 537

85, 335
40, 515
31, 595

86,311
40, 979
31, 862

86, 876
41, 703
31, 561

87, 315
41, 934
31, 588

87, 471
42, 051
31, 510

87, 243
42, 010
31, 309

86, 820
41, 740
31, 081

87, 064
41,895
31,123

86, 308
41,611
30, 791

85, 910
41, 446
30, 511

85, 015
41, 563
30, 326

Credit unions...
Miscellaneous lenders^

do
do

11, 594
1,349

12, 500
1,546

11, 533
1,386

11, 644
1,376

11, 778
1,447

12, 030
1,440

12, 141
1,471

12, 292
1,501

12, 409
1,501

12,422
1,502

12, 438
1,561

12, 500
1,546

12, 353
1,553

12, 351
1,602

12, 509
1,617

Retail outlets, total .
do
13, 187
14,097 12, 354 12, 302 12, 371
Automobile dealers
do
336
333
327
331
332
' Revised.
* Preliminary.
i Average for Dec.
2 Beginning June 1969, data are revised to include all bank-premises
subsidiaries, and other significant majority-owned domestic subsidiaries; also, loans and
investments are now reported gross. For complete details see the Aug. 1969 Federal Reserve
Bulletin.
3 Average for year.
4 Daily average.
-DAi
Jisions for Jan- and Feb- 197° are shown in the Mar. 1971 issue of Federal Reserve
Bulletin.

12, 388
336

12, 426
337

12, 545
337

12, 671
337

12,716
335

12, 970
332

14, 097
327

13, 793
324

13, 334
323

13, 153
325

cfFor demand deposits, the term "adjusted" denotes demand deposits other than domestic
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: beginning June 1969, data are reported gross.
§For bond yields, see p. S-20.
^Finance companies consist of those institutions formerly classified as sales finance, consumer
finance, and other finance companies. Miscellaneous lenders include savings and loan associations and mutual savings banks.

SURVEY OF CUKKENT 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

1969

1970

1971

1970
Apr.

Mar.

Annual

May 1971

May

June

July

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
..

24 300
9,096
7,900
1 196

25 641
9,484
8 205
1 279

23 036
9,054
7 843
1 211

23 298
9,102
7 892
1 210

do
do
do
do

8,234
6,650
1,584
6,970

8 850
6,932
1,918
7,307

6 645
5,062
1,583
7,337

6 900

do
do
do
do

102, 888
32, 354
33, 079
37 455

104, 130
29, 831
36, 781
37 518

do
do
do
do

94, 609
29 882
30 369
34, 358

101, 138
30 943
34 441
35, 754

mil $
do
do
do

23 765
9,316
8,062
1 254

23 907
9,313
8 059
1 254

24 125
9,345
8 071
1 274

25 641
9,484
8 205
1 279

24 976
9,480
8,196
1 284

24, 571
9,506
8,205
1,301

24, 436
9,557
8, 249
1,308

7 273

7,473
5,765
1,708
7,131

7,509
5,727
1,782
7,027

7,508
5,664
1,844
6,993

7,489
5,617
1,872
6,960

7,656
5,797
1,859
6,938

7,757
5,884
1,873
7,023

8 850
6,932
1,918
7,307

8,094
6,144
1,950
7,402

7,353
5,435
1,918
7,712

7, 207
5,316
1,891
7, 672

7,208

8,243
2,584
2,725
2 934

8,773
2,776
2,792
3,205

8,857
2,696
3,008

3,153

9,534
3,023
3,019
3,492

9,497
2,952
3,141
3,404

8,915
2,540
3,152
3,223

8,580
2,402
3,097
3,081

8,670
2,463
3,200
3,007

8,271
2,006
3,147
3,118

10, 194
2,045
4,562
3,587

7,545
1,997
2,868
2,680

7,489
2,336
2,431
2,722

9, 575
3,074
3,076
3,425

8,473
2 615
2,898
2,960

8,331

2,600
2,756
2,975

8,255
2,505
2,803
2,947

8,541
2,669
2,771
3,101

8,894
2,843
2,906
3,145

8,357
2,550
2,889
2,918

8,298
2,572
2,843
2,883

8,853
2,683
3,103
3,067

8,440
2,513
2,921
3,006

8,823
2,566
2,991
3,266

8,605
2,483
3,242
2,880

8,346
2,471
3,078
2,797

9, 651
2,915
3,413
3, 323

8,491
2,571

9,004
2,595

8,683
2,587
2,925
3,171

9,065
2,685
3,124
3, 256

8,809
2,537
3,168
3,104

8,849
2,621
3,071
3,157

8,580
2,349
3,113
3,118

8,414
2, 127

8,536

8,916
2, 461
3, 252

9,081

9,533

8,242
2,573
2,750
2,919

8,622
2,752
2,874
2,996

8,577
2,632
2,967
2,978

8,490
2,599
2,913
2,978

8, 662
2,550
3,036
3,076

8 716

8,515

Repaid, total
Automobile paper
Other consumer goods paper
All other
..

do...
do
do
do

8,194
2,501
2,792
2,901

FEDERAL GOVERNMENT FINANCE
Budget receipts, expenditures, and net lending: t
Expenditure account:
Receipts (net)
mil. $.. 1 187,784 1 193,743 13,111
Expenditure (excl. net lending)
.do. . . 1 183,072 1 194,460 16,283
Expend, acct. surplus or deficit (— )
do
i 4, 712 i -710 -3, 175
Loan account:
Net lending
.
do
i — l 476 i —2 128 — 254

_

23, 795
9,294
8,041
1,253

7,296

8,392
2,496
2,922
2,974

i 3 236 i ° 845
1-3,236 i 2, 845
1-11,146 i 5, 397
i 7 910 i —2 552

23 790
9,254
8 005
1 249

5,633

do
do
.do. _
do

do
do
do
do

23 843
9,239
8,005
1 234

5,289

Repaid, total
Automobile paper
Other consumer goods paper
All other
Seasonally adjusted:
Extended, total
Automobile paper
Other consumer goods paper
All other ...

Budget surplus or deficit ( )
Budget financing, total t
- Borrowing from the public
Reduction in cash balances

23 640
9,159
7 925
1 234

1,611

1,640

2,843
3,077

3,183

8,195

8,589
2,600
2,888

2,527
2,729
2,939

22,043
17,858

3,226

3,101

13,986
16,337

4,186 -2, 351

22, 561 12, 609 15, 172
14,871 19,344 17, 429
7,690 -6, 735 -2,257

—200

— 108

—480

17

3 429 3 986
3,429 — 3,986
2,314 -4,691
705
1,115

2 459
2,459
1,452
1,007

7 210
— 7,210
-3,156
— 4,054

6 718
6,718
5,997
721

—66

o neo

18, 725 11,493 14, 134
17, 329 17, 490 16, 616
1,396 -5,997 -2,482
— 114

— 150

2 323
1 281 — 6 147 -2, 594
2
2,323 — 1,281
2,561 3,306
2,716 -1,347
3,
586
—393
66
CQ4

9 &< >7

3 210
3 4^6

8 829

8 979

9, 038

3, 145
3,061

3' 919

3 164
3 178

15, 773 15, 130 13,205
16 870 16 717 18 328
-1,097
'-1,096 -5, 123
-447
•>9fi
-318
245
170

15, 429

-121 -1,341 -1,417 -5,441
1 341 1 417 5,441
121
675
660
240
3,024
681
1 177 4,766

one 974 400 825 401 020 402 342 403, 863
i 367, 144 i 382,603 384, 169 379, 316 382, 932 382, 603 388, 214 392, 545 390, 335
302, 713
i 279 483 i 284 880 291 275 286 584 288 036 284 880 290 877 293 593 292 246 294, 808 298, 113 301, 138 301, 798 302' 038
H I Q4. i c 490 15 773 15 130 13,205
1 187,784 1 193,743 13,111 22,043 13,986 22, 561 12, 609 15, 172 18, 725
3 366
6, 493
7, 181
6,209
6,110
9,449
9,353
7,219
6,281
5,258
i 87,249 i 90, 412 3,419 10, 701
3 523
372
524
4,484
669
484
7,329
4,278
714
838
i 36, 678 i 32, 829 4,239 4,578
3,990
2
720
5
943
2, 697
5,330
2,962
3,769
3, 184
5,851
1 39,918 i 45, 298 3,436 4,419
*-, o-o
2,321
1,949
2,322
1,717
2,018
2,332
2,138
2,036
2,109
2,306
2,159
1 23,940 i 25 203
2 025
18,646
17
115
16
546
17,
640
Expenditures and net lending, total?
do
1 184,548 i 196,588 16,540 18,057 16,445 15, 351 19, 327 17, 495 17, 443
320
886
191
320
1,032
304
182
320
Agriculture Department
do
2,649
i 8, 330 i 8, 307
296
6 309
5, 777
5, 720
5,851
6,521
6,140
6,531
6,059
6,634
6,160
6,570
Defense Department, military
do
6,185
i 77,872 i 77, 150 6,377
Health, Education, and Welfare Department
5,374
5 049
4 998
4,886
4,720
4,866
mil. $.. 1i 46,594 i 52, 338 4,387 5,485 4,809 4,950 4,626
1,869
1,803
1,854
1, 69 ! 1,785
1,264
1,851
1,670
1,818
1,689
1,776
Treasury Department
do
16,924 1119 510
1 803 1,745
262
295
266
318
302
332
282
282
285
378
268
National Aeronautics and Space Adm
do
i 4, 247
3, 749
325
962
765
794
765
764
748
719
803
730
Veterans Administration
do
728
i 7, 669 *8 653
798
Receipts and expenditures (national income and
product accounts basis), qtrly. totals seas. adj.
at annual rates:
r
P200. 8
191. 7
194.9
Federal Government receipts, total
bil. $..
196.7
200.6
194.8
195.9
*89. 8
90.3
89.4
Personal tax and nontax receipts
...do
93.5
91.6
95.9
93.4
P35.5
32.0
35.7
Corporate profit tax accruals
do
34.9
39.2
34.3
34.8
20.1
Indirect business tax and nontax accruals. do
19.4
19.6
19.1
19.3
'54. 9
49.
9
49.7
Contributions for social insurance
do
48.9
46.5
49.3
48.4
"214.
2
209.9
206.7
Federal Government expenditures, total do
210.9
191.3
206.3
197.7
98.2
98.6
Purchases of goods and services. __
do
99.7
99.7
101.3
102.3
"74.0
74.6
National defense
do
75.8
76.8
76.6
78.8
79.3
"68.4
65.4
62 9
Transfer payments
do
64 4
52 1
62 0
55 3
"27.1
25.6
24.4
Grants-in-aid to State and local govts
do
25.1
20.2
24.5
23.0
14.7
Net interest paid
do
14.8
14.3
14.5
13.1
14.3
Subsidies less current surplus of government
P6.0
6.0
56
enterprises
bil $
53
56
4 6
53

Gross amount of debt outstanding t
do
Held by the public
do
Budget receipts by source and outlays by agency :J
Receipts (net), total
mil. $..
Individual income taxes (net) . . .
do
Corporation income taxes (net)..- . - .do
Social insurance taxes and contributions
(net)
mil. $
Other .
do

O-JQ

Less' Wage accruals less disbursements
Surplus or deficit (-)

do
do

9

9.3

-11.5

.0

.0
-18.1

_ 4

—2 1
-14.2

f»

-1.7

-11.8

LIFE INSURANCE
institute of Life Insurance:
Assets, total, all U.S. life insurance cos.t— bil. $..
Government securities*
do
Corporate securities*
do
Mortgage loans, total.. . . .
do
Nonfarm...
do
Real estate
_ _
Policy loans and premium notes
Cash
.
Other assets
r

do
do
do
do

199. 40
10.94
85 34

72.62
66.94
5 99
14.54
1.40
8.58

67.12

199. 17
10.90
84.63
72.98
67.32

199. 68
10. 79
84.66
73.16
67.50

201. 00
11.07
85.40
73.35
67.69

201. 92
11.09
85.84
73.43
67.77

203. 15
11.00
86.68
73.54
67.98

203. 92
11.03
87.10
73.73
68.06

205. 06
11.05
87.76
73.85
68.19

206. 19
10.97
88.18
74.34
68.69

208. 21
11.03
90.13
74.37
68.78

6 03
14.76
1.26
8.31

6.06
14.95
1.22
8.43

6.10
15.18
1.41
8.38

6.11
15.35
1.29
8.38

6.16
15.52
1.37
8. 51

6.20
15.67
1.38
8. 68

6.26
15.81
1.30
8. 70

6.31
15.92
1.47
8. 71

6.36
16.02
1.59

6.34
16.11
1.29

199. 09
10.83
85 10

72.79

Revised.
v Preliminary.
i Data shown in 1966 and 1970 annual columns are for fiscal years ending June 30 of the
respective years; they include revisions not distributed to months.




t Revisions for July 1967-Apr. 1969 for budget receipts and expenditures and for Jan.-Mar.
369 for assets of all U.S. life insurance cos. will be shown later.
9 Includes data for items not shown separately.
*Ne\v series.

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1971

1970

1970

Annual

S-19

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

12, 194
8,828
2,832
536

12, 580
9, 615
2,401
564

17, 020
11,895
4,503
622

10, 732
-76
9,774
20, 296

Apr.

FINANCE—Continued
LIFE INSURANCE— Continued
Institute of Life Insurance— Continued
Payments to policyholders 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

15, 524. 5
6, 758. 1
952.6
204.7
1, 558. 6
2, 721. 6
3, 328. 9

16, 449. 4 1, 448. 0 1, 387. 6 1, 292. 4 1, 405. 6 1, 301. 6 1, 301. 1 1,348.1 1, 329. 9 1, 231. 2 1, 810. 9
567.9
681.9
613.4
519.1
633.7
557.3
575.3
549.5
565.6
7, 017. 3
608.6
81.6
93.5
81.0
77.0
81.4
84.3
978.3
85.7
75.4
72.4
78.5
17.6
21.3
21.6
18.1
21.1
19.1
18.2
18.8
20.5
232.9
19.9
141.4
122.1
141.2
1, 757. 1
151.3
153.1
149.0
149.4
146.1
148.7
149.7
262. 7
245.2
256.2
2, 886. 4
260.9
243.2
223.4
231.5
216.9
254.0
235.8
249.4
645.0
289.4
283. 9
239.6
3, 577. 4
287.3
288.2
299.7
246.5
266.3

Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :J
Value estimated total
- - - mil. $-. 159, 283 2193, 593 14, 365 15, 499 13, 794 15, 205 14, 533 230, 883 14, 075 14, 065 14, 758 21, 853
113,500 122, 661 10, 555 10,511 10, 111 10, 759 10, 093
9,688
9, 652 10, 620 10, 506 12, 325
Ordinary (incl mass-marketed ord )
do
2,864
9,031
3,073
39, 329 264, 422
3,219
3,898
3,887 220, 671 3,860
3,729
4,431
Group
do
610
497
6,510
591
6,454
548
524
581
553
523
557
Industrial
do 563
Premiums collected:
1,581
1,707
2,082
19, 940
1,659
18, 933
1,690
1,708
1,642
1,607
1,475
1,596
Total life insurance premiums
do
1,214
1,264
14, 912
1,237
1,457
13, 142
1,202
1,308
1,198
1,258
1,154
1,248
Ordinary (incl. mass-marketed ord.)
do
350
273
3,753
330
392
3,492
336
305
304
301
307
321
Group
do
94
234
92
94
1,275
95
97
95
1,299
93
97
91
Industrial
do MONETARY STATISTICS
Gold and silver:
Gold:
10, 732
Monetary stock, U.S. (end of period)... mil. $.. 10,367
755
-615
Net release from earmark § _ _ _
do _.
37, 789
Exports
thous $
12, 287
Imports
_
do . 236, 905 237,464
Production:
1, 090. 7
South Africa
.
_. _ _ mil. $
85.2
Canada
do
81.8
United States
do
Silver:
Exports
thous $ i 1156, 720
27, 613
Imports
do
80, 061
64, 957
Price at New York
_ dol. per fine oz
1.791
1.771
Production:
Canada
thous. fine oz1
41, 926
Mexico
_
_
do
42,904
United States
do
41, 552
47,483
Currency in circulation (end of period)

bil. $..

Money supply and related data (avg. of daily fig.) :0
Unadjusted for seasonal variation:
Total money supply.
bil. $
Currency outside banks
_
do
Demand deposits
do
Time deposits adjusted!
„_
do
U.S. Government demand depositslf
do
Adjusted for seasonal variation:
Total money 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)O ratio of debits to deposits
New York SMSA. _.
do
Total 232 SMSA's (except N.Y.).
do
6 other leading SMSA'sd"
do
226 other SMSA's
_.
do
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
Net profit after taxes, all industries
_.mil. $__
Food and kindred products
do
Textile mill products
do
Lumber and wood products (except furniture)
mil. $..
Paper and allied products
do
Chemicals and allied products
do
Petroleum refining
do
Stone, clay, and glass products
do
Primary nonferrous metal.
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil. $_.
Machinery (except electrical)
do
E lee. 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)
__
mil. $

11,367
-2
293
17, 659

11, 367
-2
272
13, 865

11, 367
33
24, 068
12, 398

11, 367
-1
159
11, 602

11,367
23
239
29, 516

11,367
-66
449
11,531

11,117
-328
330
27, 115

11,117
-6
253
14, 536

11,117
-27
618
62, 760

10, 732
-282
10, 671
14, 223

10, 732
-32
15, 473
10,411

10, 732
-23
2, 379
37, 721

94.3
7.1

92. 8
6.6

94.5
7.0

96.6
7.2

95. 2
6.8

96.3
6.3

96.2
6.6

96.6
6.9

6.5

6.8

'7.0

6.6

5,782
7,587
1.888

3,414
8,004
1.853

4,423
4,298
1.670

1,815
4,592
1.639

1,268
3,741
1.687

2,870
6,676
1.798

1,888
5,301
1.802

1,079
4. 419
1.746

1,277
3,763
1.760

5,890
4,876
1.635

4,218
5,267
1,640

1,970
2,746
1.600

3,616

3,503

3,497

2,983

3,513

3,842

4,893

4,457

4,171

4,422

3,164

3,380

3,707

4, 262

3,735

3,336

5, 280

54.5

54.7

54.8

55.0

56.4

57.1

55.3

55.6

54.0

57.1

52.7

53.0

53.7

54.4

201.5
44.8
157.0
198.8
5.6

210.0
47.7
162.3
208.4
6.4

204.7
46.3
158.4
195. 9
6.9

209.3
46.6
162.6
199. 3
5.3

205.3
47.3
158.0
201.1
6.4

207.8
47.7
160.1
202. 3
6.5

209.0
48.3
160.7
208.1
6.8

208.7
48.3
160.4
214. 0
7 1

211.4
48.2
163.1
218.4
6.8

213.0
48.5
164.5
222. 5
6.1

215.3
49.2
166.1
224. 6
5.6

221.1
50.0
171.1
228. 7
7.1

221.3
49.1
172. 1
234.5
6.6

215.5
49.2
166.3
240.3
8.3

206.6
46.7
159 8
195. 3

208.3
47.1
161. 2
198.5

209.2
47.7
161.6
200.3

209. 6
47.8
161. 9
202.2

210 6
48.1
162. 5
208.2

211.8
48.2
163.7
213. 2

212.8
48.2
164.6
218.5

213.0
48.5
164.5
222.2

213.5
48.7
164.8
225.0

214.6
48.9
165.7
230.4

214.8
49.2
165. 5
235. 3

217.3
49.6
167.7
240. 9

70.6
145.7
50.2
72.2
41.2

72.8
149.7
52.1
75.8
42.5

73.4
150.6
53.3
78.4
43.0

73.1
149.3
52.7
77.5
42.7

73.1
145.3
53.6
79.4
43.1

75.7
162.8
52.5
77.9
42.2

75.3
161.0
53.0
77.9
49 g

78.1
175.9
53.4
78.4
43.2

75.6
168.5
51.6
75.8
41.8

77.0
170.6
52.4
76.7
42.6

76.4
168.3
52.8
77.3
42.9

82.2
191.3
54.2
80.1
43.9

33, 248
2,382
621

28, 572
2,549
413

6,894
573
109

7 966
611
96

6, 973
701
110

6,739
664
98

640
987
3,591
5,884
822
1,414
1,221

304
719
3,434
5,893
627
1,297
692

65
212
873
1,388
34
381
213

91
210
913
1,435
211
402
215

93
161
840
1,437
225
280
154

55
136
799
1,633
157
234
110

1,326
3,138
2,594

1,066
2,689
2,349

265
648
477

324
763
640

290
657
556

187
621
676

945
2,845
4,835
15, 058

593
1,424
4,522
15, 0 7r

165
526
966
3,767

175
730
1,140
3 873

138
60
1 263
3 405

115
99
1,153
4,025

3,273
5,204
1.669

10, 732

1. 726

56.3

' 217. 4
49.5
r 167.

8

246. 9
5.4
r 219.

4

50.0
' 169. 4
246. 1
79.6
183.5
53.4
76. 8
44.1

3 186

SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
By type of security:
Bonds and notes, total
Corporate
Common stock
Preferred stock
.

mil $

52, 747

v 88, 665

6,799

5, 891

9,548

6,985

5,896

8,155

8,199

8,353

9,040

7,651

7,340

6,486

do
do
do
do

44, 351
18, 348
7,714
682

79, 985
30, 264
7,292
1.388

5,645
2,385
1,064
90

5,190
2,469
634
67

9,080
3,441
399
69

5,964
2,368
799
222

5,279
2,151
529
88

7,817
1, 935
246
92

7,495
2,814
528
176

7,270
2, 694
903
180

8,142
3,283
774
124

6, 941
3, 270
541
168

6,851
2,528
425
64

5,962
2,448
423
100

r
Revised.
* Preliminary.
1 Monthly data beginning July and annual total figures
exclude silver coin.
2 includes $17.2 bil. GLI.
{Revisions for Jan. 1968-Feb. 1969 will
be shown later.
§0r increase in earmarked gold (—). 0Beginning Dec. 1970 SURVEY, data reflect new benchmarks and changes in seasonal factors, as well as the improved handling of international




transactions of specialized banking institutions. Revised monthly data back to 1959 will
be available later. tAt all commercial banks. OTotal SMSA's include some cities and counties not designated as SMSA's. d"Includes Boston, Philadelphia, Chicago, Detroit, San
Francisco-Oakland, and Los Angeles-Long Beach.

SURVEY OF CURRENT BUSINESS

S-20
1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

| 1970

1971

1970

Mar.

Annual

May 1971

Apr.

May

June

July

Aug.

Sept.

Oct.

3,777

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 (mining) _
do
Public utility.. .
.
_-do

26, 744
6,356
1,721
6,736

3,539

3,170
689
211
1,109

3,909

2 768
638
139
843

1 006
180
1,101

4,182
1 107
186
1,350

1 056
90
955

3 017
716
121
023

2,972

683
70
630

3,518
994
193
1,241

3,980

817
327
600

939
358
1,103

2,273

1 416
149
906

5,142
5 497

2,280

262
306
339

154
62
597

63
1,747
231

119
354
355

223
144
526

125
279
370

145
445
347

138
371
586

177
693
580

365
282
968

184
392
618

53
683
312

49, 721
14, 831
17, 762

3 260
461
1 504

2,721
387
1 625

5 639
3,701
974

3,596

3 128
405
1 310

5,882
3,573

4,681
1,428
1 650

4 576
412
1 882

4 858
2 414
1 684

3 671
402
2 245

4 323
436
2 614

3,514
431
1,823

17, 762
17, 880

1,504
1,211

1,625
1,046

974
1,387

2,035

1 310
1 113

1,318
1,226

1,650

2,049

1,882
1, 216

1 684

2,022

2,245
2,254

2 614
1,552

1,823
1,886

' 2, 452

874
6 353
2,441

806
5 985

784
5 433

2, 286

2,248

2,222

748
5 281

2,009

22 180

2,083

2,236

2,163

2, 197

2,286

2,452

2, 743

2, 798

68.6
79.0

61.5
72.3

62.8
75.6

62 8
71.9

61.2
67.8

59 4
67.5

59 0
70.6

60.0
73.8

60.8
72.7

61 3
71.9

61.9
75.0

64.7
79.8

66.5
79.9

66.8
81.5

65.8
82.8

65.0
80.4

64.49

60.52

62.04

60.89

57.78

57.37

60.59

59.20

60.10

60.44

63.27

65.63

66.10

66.78

67.94

67.57

4 501.18 4,763 27
5, 123. 47 6,299 55

313. 51
405. 30

310 25
384 02

465.04

300 39

645 56
824. 44

370 56
536 56

311 80
442 43

400. 69
516. 87

417 18
538 59

398 18
506 43

648 58
828. 96

703. 09
866. 98

710. 03
843. 48

766. 76
879. 80

3 550.33 4,328 33
4 123.33 5,554 92

267. 94
344. 36

275 85
337. 06

264.77

374. 22

608. 25
743. 34

344 53
489 26

289 98
401. 69

358. 08
443. 37

382 93
485 02

370 35
460. 35

605 01
760 03

631. 95
753. 59

624. 69
720. 88

682. 48
767. 53

New York Stock Exchange, exclusive of some
stopped sales, face value, total
___mil. $.. 3, 646. 16 4,494.86

297. 74

329. 77

448. 20

360. 69

394. 13

349. 78

396. 30

370. 23

404. 43

557. 12

641. 95

541.68

600.80

615.41

8.85

8.73

8.68

8.63

8.65

8.35

8.04

7.75

7.84

7.86

8
8
8
9

44
64
92
40

8 13
8.49
8 85
9 44

8.09
8.47
8 78
9 39

8 03
8.44
8 71
9 33

8.05
8.42
8 74
9 38

7.64
8. 13
8 48
9. 12

7.36
7.90
8.15
8.74

7.08
7.67
7.85
8.39

7.21
7.73
7.96
8.46

7.25
7.74
7.99
8.45

Transportation §
Communication
Financial and real estate
Noncorporate total 9
U 8 Government -State and municipal
State and municipal issues (Bond Buyer):
Long-term
Short-term

do
do
do

2,146
2,188

do
do
do

26, 003

do
do.

11,460

38, 944
10, 513

2,082

11, 017

4,409

4,765
11,460

11, 783

3,389

819
1 058

1,058

1 318

666
82
1,069

'2,104

1,839

2,476

SECURITY MARKETS
Brokers' Balances
(N.Y.S.E. Members Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances (net)

mil. $
do
do_.

1923
7, 445
i 2, 803

1

1

Bonds
Prices:
Standard & Poor's Corporation:
High grade corporate:
Composite cf
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:
Market value
mil. $
Face value
do
New York Stock Exchange:
Market value
Face value

Yields:
Domestic corporate (Moody's)_
By rating:
Aaa
Aa . . .
A
Baa
.

do
do

...percent..

By group:
Industrials
Public utilities...
Railroads
Domestic municipal:
Bond Buyer (20 bonds)
Standard & Poor's Corp. (15 bonds)
U.S. Treasury bonds, taxable©

7.36

8.51

8.18

8.20

8.46

8.77

do
do_ _
do
do

7.03
7.20
7 40
7.81

8 04
8.31
8 56
9 10

7 84
8.06
8 17
8 63

7 83
8 03
8 22

8*70

8.11
8.24
8.49
8.98

8
8
8
9

do .
do .
do

7.25
7.49
7.46

8 26
8 67
9 04

7.98
8 34
8.33

8 00
8 37
8 34

8.19
8.72
8.59

8 55
9.06
8. 76

8 61
9 01
9 11

8 44
8.83
9. 19

8.40
8.80
9.10

8.35
8.74
9. 06

8 37
8.77
9. 06

7.95
8. 45
8.96

7.57
8.17
8.70

7.24
7.94
8.39

7.36
8.08
8.39

7.43
8.05
8.37

..do
do

5.79
5.81

6.34
6.50

6.11
6.14

6.79
6.55

7.12
7.02

6.79
7.06

6.40
6.69

6.16
6.33

6.39
6.45

6.40
6.55

5.41
6.20

5.58
5.70

5.16
5.70

5.34
5.55

5.15
5.44

5.69
5.65

do

6.10

6.59

6.39

6.53

6.94

6.99

6.57

6.75

6.63

6.59

6.24

5.97

5.91

5.84

6.71

5.75

8.98
9.83
4.61
4.60
6.40
9.44

8.99
9 76
4.69
3 92
6 77
10.44

9.13
9.98
4.70
4.02
6.70
10.45

9.10
9 93
4.70
4 02
6 70
10 45

8.96
9. 71
4.70
4.02
6.70
10.48

8.95
9. 69
4.71
4 02
6.70
10.48

8.95
9.70
4.71
3 95
6.70
10.48

8.94
9. 70
4.71
3.79
6.70
10.48

8.93
9.70
4.71
3.79
6.82
10.48

8.91
9. 67
4.71
3. 79
6.82
10.48

8.84
9.56
4.72
3. 79
6.90
10. 49

8.85
9. 57
4.73
3.79
7.13
10. 49

8.91
9. 64
4.74
3.82
7.28
10.52

8.84
9.54
4.74
3.82
7.28
10.57

8.84
9. 55
4.75
3.82
7.28
10.57

8.85
9.57
4.78
3.82
7.28
10.57

70
83
06
61

243. 53
287. 85
87 44

209. 44
248. 12
74 91

212. 90
252. 79
74 55
56. 18

226. 91
272. 90

248. 66
298. 78
88. 59
72. 50

77.38

87.70
79.23

268. 58
326. 01
89. 49
80. 28

277. 35
339. 59

65.13

235. 68
285. 04
81.54
64. 62

258. 89
312. 77

57.02

224. 96
272. 65
74.15
61. 70

256. 44
306. 35
90. 82

62.07

198. 30
236. 81
68 96
52. 39

221. 25
264. 25
77.17

74.99

222. 65
263. 96
80 06
68 32
4.09
3 76
5 87
5.88
4 14
4.29

4.28
3 91
6.27
6.48
4 29
4.67

4.51
4 09
6. S3
7. 67
4 30
4.61

4.20
3.84
6.32
7.03
4 01
4.19

4.04
3.67
6.10
6.65
3.83
4.15

3.94
3.55
6.23
5.82
3 99
4.01

3. 96
3.55
6.35
6. 14
4.27
4. 05

3.75
3.35
5.79
5.87
4.16
3.88

3.56
3.20
5.34
5.23
4.04
3.59

3.47
3.15
5. 22
4.94
4.24
3.45

3.41
3.05
5.40
4.82
4.16
3.33

3.29
2.93
5.31
4.76
3.74
3.23

3.19
2. 82
5.56
4.39
3. 95
3.27

48
58
76
25

Stocks
Dividend rates, prices, yields, and earnings, common stocks (Moody's):
Dividends per share, annual rate, composite
dollars..
Industrials
do
Public utilities
do..
Railroads
do
N.Y. banks
do
Property and casualty insurance cos
do
Price per share, end of mo., composite
Industrials
Public utilities.
Railroads
_.
_

do
do
do
do

262. 77
313. 15
94 55

93.90

226.
270
79
65

Yields, composite
percent..
Industrials
_
do
Public utilities
do
Railroads
_
do
N.Y. banks
do
Property and casualty insurance cos . . do.

3.42
3.14
4.88
4.90
3 72
3.37

3.97
3 60
5 94
5 97
4 03
4.02

3.75
3 47
5.38
5.36
3 72
3.66

Earnings per share (indust., qtrly. at ann. rate;
pub. util. and RR., for 12 mo. ending each qtr.):
Industrials
dollars
Public utilities
do
Railroads
_
do

17 66
6 92
7.28

15 54
6 89
P 3. 56

15 19
6 90
6'.78

r
Revised.
v Preliminary.
1 End of year.
2 Because of changes in series, data
beginning
July 1970 are
not directly comparable with those for earlier periods.
T
~
-- 1 " J - Jdata
^ notA -shown
- • - - separately.
• - - —
—
— SURVEY,
data re9 Includes
§ Beginning April 1971
Su
tated
ited to include "other transportation" in addition to railroad data forn
irmerly shown.




75.66

85.82
87.10

^17.00
15.68
^6.97
6. 89
^3.56
d"Number of bonds represented fluctuates; the change in the number does not affect the
continuity of the series.
1 Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 years or more.

17 19
6 90
5.21

r

14 10
6 8'>
' 4. 42

S-21

SUKVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

1970
Apr.

Mar.

Annual

May

June

July

1971

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:^
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43=10.,

6.41

7.22

6.97

6.98

7.26

7.57

7.62

7.41

7.31

7.33

7.30

6.88

6.53

301. 35
876. 72
123. 07
221. 02

243. 92
753. 19
108 75
152 36

260. 36
777. 62
116 45
174. 32

255. 71
771. 65
114 44
167 46

227. 99
691. 96
103. 19
146. 29*

224. 18
699. 30
99 15
137. 53

223.29
712. 80
102. 83
125. 75

229. 99
731. 97
105. 36
130. 91

240. 57
759. 38
108 79
141. 25

245. 02
763. 72
106. 68
152. 66

246. 16
769. 23
110. 98
148. 37

263. 81
821. 51
118. 88
160. 34

279. 62
849. 04
124 86
180. 85

6.48

6.59

290. 14 296. 67
879. 69 '901.29
123. 77 123. 22
193. 79 200. 55

309. 11
932. 54
122. 92
217. 16

6.32

97.84

83.22

88.65

85.95

76.06

75.59

75.72

77.92

82.58

84.37

84.28

90.05

93.49

97.11

99.60

103.04

Industrial, total (425 stocks) 9
.do-..
Capital goods (116 stocks)
do
Consumers' goods (184 stocks) _. do
Public utility (55 stocks)
do__Railroad (20 stocks)
do.

107. 13
103. 75
87.06
62.64
45.95

91.28
87.87
80.22
54.48
32 13

96.95
95.97
85.09
59.04
37.33

94.01
93.18
82. 28
57.19
36 05

83.16
80.47
71.65
51.15
31.10

82.96
80.77
73.10
49.22
28.94

83.00
77.99
73.10
50.91
26.59

85. 40
78.38
74.76
52.62
26.74

90.66
84.96
79.65
54.44
29.14

92.85
87.90
82.12
53.37
31.73

92.58
86.47
83.09
54.86
30.80

98.72
92.12
88.69
59.96
32.95

102. 22
95.97
91.72
63.43
36.64

106. 62
101. 58
95.38
62.49
38.78

109. 59
104.69
98.54
62.42
39.70

113. 68
109. 38
102. 41
62.06
42. 29

Banks:
New York City (9 stocks) ...
do
Outside New York City (16 stocks), .do. .

45.39
87.73

43 83
77.06

47.49
81.37

45 21
79.47

39.65
70.75

41.03
71.16

42.12
72.07

44.21
76.07

45.22
79.49

43.51
79. 39

42.66
77.37

45.11
81.13

46.88
87.48

45.96
86.58

48.02
89.58

49. 05
93.01

Property-liability insurance (16 stocks)..do

85.43

78.34

84.94

82.45

67.40

69.94

71.10

72.48

77.07

81.56

79.73

88.33

95.96

101. 59

103. 88

112. 76

New York Stock Exchange common stock indexes:
Composite . .
12/31/65=50
Industrial
do
Transportation
do
Utility . .
do
Finance
.
do

54 67
57.44
46.96
42 80
70 49

45
48
32
37
60

49
51
36
40
67

47
49
34
39
64

51
47
99
49
07

41.65
43.33
29.85
35 48
54.58

41
43
28
33
54

28
40
51
74
21

41.15
43.04
26.46
34 90
54.00

42.28
44.20
27.66
35.74
56.05

45 10
47 43
30.43
36 74
60 13

46.06
48.87
32.38
36 01
59.04

45.84
48.54
31.23
36 71
57.40

49.00
51.68
33.70
39.93
61.95

51.29
53.72
37.76
42 52
66.41

53.42
56.45
40.37
42.30
68.19

54.89
58.43
41.71
41.60
70.66

56.81
60.65
43.35
41. 73
73. 91

Sales:
Total on all registered exchanges (SEC):
Market value .
mil. $
175, 298
Shares sold
millions
4 963
On New York Stock Exchange:
Market value
mil. $
129 603
Shares sold (cleared or settled)
millions
3 174
New York Stock Exchange:
Exclusive of odd-lot and stopped stock sales
(sales effected) _
_
millions . . 2,851
Shares listed, N.Y. Stock Exchange, end of period:
Market value, all listed shares
bil. $..
Number of shares listed
.. .
millions

629.45
15, 082

72
03
14
24
00

46
53
85
77
37

130 531
4 567

11, 146
340

11 130
341

10, 704
387

10 024
401

8,554
378

8,026
299

11, 027
427

12, 176
458

9,239
324

13, 715
470

13, 769
510

17, 234
601

18, 721
581

103 063
3 213

8 815
243

8 718
' 240

8 566
272

8 000
282

6 985
250

6,443
216

8 721
304

9,701
329

7,308
234

11, 289
350

11, 036
375

13, 628
428

14, 661
397

2,937

213

223

258

226

228

219

303

262

230

335

349

371

390

402

612. 49
15, 522

615. 37
15 306

553. 80
15 348

516. 39
15, 552

491. 21
15, 677

531. 08
15, 823

555. 49
15, 869

579. 75
15,930

570. 41
15,981

598. 64
16, 023

612. 49
15, 522

668. 01 678. 13
16, 100 16, 181

709. 33
16, 306

734.34
16,375

FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value of Exports
Exports (mdse.), incl. reexports, total
Excl. Dept. of Defense shipments
Seasonally adjusted..
By geographic regions:
Africa. __
. _
Asia
Australia and Oceania
Europe
Northern North America
Southern North America
South America
By leading countries:
Africa:
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

3,619.7

3,646.3

3,939.9

3,769.6

3,592.4

37, 331. 7 42, 661. 7

3,577.5
3, 375. 6

3,596.9
3,409.1

3,906.2
3,660.9

3,717.9
3,730.2

3,549.7 3,264.8 3, 335. 2 3, 916. 7 3, 494. 1 3, 685. 2 3, 481. 8
3,699.1 3,592.4 3, 553. 4 3, 688. 7 3, 499. 3 3, 570. 2 3, 735. 4

3, 527. 0 4, 107. 9
3, 689. 73,814.6

149.2
151.7
139.4
163.8
121.5
139.3
131.3
117.9
1, 579. 1
132.1
151.0
126.1
148.9
139.1
903.1
842.9
821.7
786.5
921.4
818.7
960.3
878.0
778.9
10, 022. 8
808.6
821.4
750.1
890.7
90.7
88.9
103.6
103.3
83.5
94.2
156.6
91.8
90.9
77.2
93.0
1, 188. 2
103.8
121.1
14, 818. 6 1, 271. 9 1, 272. 0 1, 482. 2 1, 213. 7 1, 175. 8 1, 083. 3 1, 126. 7 1, 342. 1 1, 220. 0 1, 282. 0 1, 223. 1 1, 193. 6 1, 512. 0

do
do
do
do

1, 391. 6
8, 261. 4
997.9
12, 641. 6

do
do
do

9, 137. 6
2, 761. 1
2, 814. 4

9, 084. 8
3, 287. 4
3, 245. 5

783.5
269.9
280.8

840.9
292.3
277.0

866.1
270.1
258.6

861.7
286.3
265.6

729.2
273.8
281.9

680.4
266.6
279.9

741.7
253.7
249.8

770.1
320.1
333.7

709.3
286.8
267.2

712.1
273.9
285.7

686.4
246.6
292.7

768.6
244.8
262. 1

943.5
274.7
282. 8

do
do

67.2
505.5

80.7
562.7

5.4
40.5

13.9
47.2

7.0
48.7

6.0
54.0

4.0
53.8

5.0
53.0

5.0
48.1

4.1
48.7

7.6
48.7

5.5
44.4

10.3
53.4

6.0
56.8

3.0
50.9

do
do
do
do

860.0
517.1
194.9
50.8

1, 003. 1
573.2
325.4
66.6

77.5
58.6
27.4
7.8

65.0
33.5
23.4
4.3

80.0
61.1
28.2
5.2

91.7
40.1
37.9
7.0

101.7
54.3
23.7
6.5

74.2
34.9
28.4
5.4

78.4
37.0
18.3
5.3

137.4
52.0
33.8
4.8

80.0
40.2
17.0
5.0

70.3
56.8
45.2
6.8

74.6
49.7
28.8
6.1

91.9
48.0
19.4
5.3

77.5
61.7
30.2
5.0

do
do
do

201.1
374.3
3, 489. 7

264.4
373.2
4, 652. 0

15.9
32.5
356.7

16.9
35.8

349.3

20.6
37.4
361.6

21.3
40.6
415.4

29.7
29.3
415.3

12.4
30.7
377.5

17.5
27.0
385.2

27.4
33.7
424.4

32.8
29.4
386.1

23.7
26.2
431.8

25.2
23.0
364.2

22.0
31.0
364.9

18.3
30.8
364.2

do
do
do

1, 195. 1
32.4
2, 142. 1

1, 484. 3
32.5
2, 740. 2

108.2
4.1
241.9

169.5
2.5
199.3

143.1
3.2
330.2

117.6
1.5
227.7

129.6
2. 1
217.' 6

107.7
2.6
208.9

110.2
3.1
211.3

127.1
3.0
260.4

107.2
.5
218.7

132.9
3.8
222. 0

122.8
4.3
219.0

105.1
2.9
221.1

144.6
2 2
254'. 3

do
do
do

1, 261. 5
105.5
2,334.6

1, 352. 8
118.4
2, 536. 8

106.5
11.7
230.7

114.6
5.6

150.9
13.3
272.6

110.7
8.9
212.8

134.3
6.1
210.1

91.4
6.0
177.7

88.1
12.2
200.9

111.6
li 7
136.9

97.1
9.3
220.8

121.1
16.6
208.9

108.6
11.6
207.6

123.9
11.3
215.9

123. 6
18.4
283.7

680 4
770.1
741.7
861.5
728.8
affect continui ty of the series,
9 In 3ludes da ta not sr own sep arately.

709.3

712.1

686.3

768.6

943. 5

202.8

North and South America:
Canada
do
866.0
9, 137. 0 9, 083. 8
783.5
840.9
' Revised.
c^Number of stocks represents number currently used; the change i n numbe»r does n ot




3,305.7 3, 374. 0 3, 975. 3 3, 544. 8 3, 736. 9 3, 532. 3 3, 558. 34, 156. 0

mil. $.. 38, 005. 6 43, 226. 4
...do
do

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

1969

| 1970

Annual

May 1971
1971

1970
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

490.0
40.1
77.2
22.7
35.9
145.6
61.3

474.6
41.1
103.5
21.3
28.5
125.4
54.9

444.0
31.1
70.7
17.6
34.7
129.4
62.4

Mar.

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
Argentina
Brazil ..
_.
Chile
Colombia
Mexico
_ _ _
Venezuela
_.
Exports of U. S. merchandise total
Excluding military grant-aid
Agricultural products, total
Nonagricultural products, total

mil. $__ 4, 869. 2
378.3
do
do
672.0
314.6
do
302.8
do
1,449.5
do
do
708.2
do
do
do
do

By commodity groups and principal commodities:
Food and live animals 9
mil $
Meats and preparations (incl. poultry) ..do
Grains and cereal preparations
do

5, 696. 2
441.5
840.6
300.4
394.9
1, 703. 7
759.3

480.5
42.2
61.5
23.9
29.8
141.2
66.1

502.1
41.9
66.9
26.0
43.9
155.2
59.6

461.5
27.6
71.0
20.5
37.0
142.7
60/4

483.0
35.3
66.0
27.7
31.6
150.4
63.8

482.6
41.0
65.8
32.8
39.0
143.0
60.6

479.0
36.5
73.2
29.2
29.4
136.6
70.0

445.0
39.4
64.2
21.4
24.2
134.5
63.2

568.4
42.4
115.8
22.4
35. 1
161.3
76.6

476.9
28.2
71.8
25.8
32.2
147.1
61.0

487.3
29.0
77.5
19.0
39.0
144.2
66.9

37, 461. 6 42, 593. 3 3,580.8 3,591.3 3,878.7 3,722.2 3,530.8 3,257.1 3, 321. 4 3, 902. 4 3, 495. 7 3, 686. 1 3,484.1 3, 501. 7 4, 106. 6
36, 787. 7 42, 028. 5 3,538.5 3,541.9 3,845.0 3,670.4 3,488.1 3,216.3 3, 282. 6 3, 843. 9 3, 445. 0 3, 634. 4 3, 433. 6 3, 470. 4 4, 058. 5
528.5
719.5
635.7
715. 9
593.4
561.1
558.3
671.6
563. 1 553.8
567.1
724. 1
5, 936. 4 7, 173. 7
746.1
31,525.2 35,419.6 3, 021. 3 3, 039. 7 3, 314. 0 3, 129. 9 2, 972. 0 2, 729. 9 2, 760. 4 3, 178. 3 2, 776. 2 2,939.9 2, 812. 5 2, 866. 0 3, 390. 7

3, 732. 7
199.4
2, 127. 1

4, 349. 2
174.8
2, 588. 4

314.1
12.4
183.5

319.7
14.1
179.5

325.0
14.4
190.9

336.7
14.3
195.9

370.6
12.1
214.4

361.5
14.9
209.3

363.9
18.1
216.1

459. 0
17. 9
289. 6

419.6
19.7
252.9

405.1
13.7
254.5

382.7
12.8
233.1

356.0
13.4
222. 5

388.2
16.8
226.0

Beverages and tobacco

do

713.5

701.7

56.7

47.7

56.3

59.1

53.0

43.7

64. 7

75.8

92.5

80.1

56.6

47.0

67.0

Crude materials, inedible, exc. fuels 9
Cotton, raw, excl. linters and waste
Soybeans, exc. canned or prepared
Metal ores, concentrates, and scrap

do
do
do
do

3, 568. 6
280.2
822.4
710.7

4, 608. 5
372.2
1,215.8
938.2

367.8
29.3
103.8
64.6

396.8
37.0
110.4
72.8

387.4
38.2
97. 9
88.6

409.9
33.9
104.7
77.6

359.8
24.5
70.5
94.0

359.3
10.7
81.1
93.5

344.2
11.1
83.7
86.1

419.5
22.9
128.3
85.7

409.3
32.7
135.8
71.2

448.9
46.8
141.3
69.2

382.9
57.6
106.1
56.2

363.8
59.5
101.5
38.1

409 4
74.6
110.2
45.7

Mineral fuels, lubricants, etc. 9
Coal and related products
Petroleum and products

do
do
do

1, 130. 2
636.3
433.3

1, 594. 1
1,044.1
487.3

120.5
71.4
43.2

129.5
83.2
39.8

134.9
90.2
41.6

142.6
98.7
38.6

141.0
91.8
43.1

128.5
88.3
35.1

147.3
102. 0
40.3

169.6
113.7
50.3

132.1
88.4
39.0

161.9
106.9
47.2

119. 5
76.8
35.7

121.4
77 9
37.4

130.1
82.5
43.0

Animal and vegetable oils, fats, waxes

do

307.6

493.0

50.4

31.1

41.6

55.2

43.8

40.4

44.0

40.3

32.5

56.0

51.7

51.5

56.5

326.1

304.5

286.0

325. 7

284.4

306.0

279.7

295.6

335. 6

417.3
44.6
115.1
70.3

396.0
46.4
103.2
60.8

380.6
46.7
86.9
63.0

411.0
53.7
84.7
73.3

375.5
49.7
81.3
56.6

387.8
51.4
77.5
67.5

372.9
53.3
70.5
64.0

357. 2
46.8
60.3
59.8

404.5
56.3
67.9
61.4

Chemicals

do

3, 382. 6

3, 826. 1

342.3

324.8

354. 1

340.9

Manufactured goods 9
Textiles
Iron and steel
Nonferrous base metals

do
do
do
do

4, 554. 0
575.6
972.9
711.5

5, 067. 0
603.2
1,270.1
892.5

447.8
55.2
115.7
81.8

452, 0
50.5
127.1
83.2

483.9
53.0
142.1
90. 9

455.4
52.0
117.7
78.5

Machinery and transport

equipment,

Machinery, total 9
Agricultural...
Metalworking
Construction, excav. and mining
Electrical
Transport equipment, total
Motor vehicles and parts
Miscellaneous manufactured articles
Commodities not classified ._
Value of Imports
General Imports, total
Seasonally adjusted
By geographic regions:
Africa
Asia
Australia and Oceania.
_ _
Europe. _ _ ... .

total
mil. $_. 16,402.8 17, 875. 4 1, 537. 9 1, 564. 3 1, 765. 9 1, 545. 9 1, 468. 5 1, 299. 2 1, 363. 7 1,654.2 1,419. 1 1, 472. 7 1, 489. 3 1, 580. 7 1, 948. 3
999.0
977.7
897.0 1, 073. 6
899.0
978.8
956.3
939.3 1,001.3
904.4 1, 059. 3 928.2
do
9, 864. 0 11.371.6
969.6
61.4
46.0
52.3
48.1
44.1
49.5
49.3
44.8
57.9
56.0
58.2
51.7
do
644.4
63.3
628.1
35.4
31.7
29.3
40.1
35.7
34.9
36.6
32.6
42.5
do
37.4
30.8
33.3
343.4
31.4
395.7
117.0
135.1
113.1
127.8
122.7
114.4
116.9
108.5
113.6
122.3
112.4
do
128. 9
1,248.0 1,422.4
121.8
264.5
245.2
253.5
232.1
271.6
236.5
261.6
255.0
247.0
264.0
do
236. 7
277.6
2, 677. 0 2, 999. 7
246.4
491. 0
874.7
490.8
683.7
546.9
400.3
493.9
532.9
764.6
625.0
459.4
594. 8
do
6,538.8 6, 503. 8
568. 3
412. 6
251. 9
339. 8
256.7
354.8
247.8
260.9
288.0
350.8
320. 3
352.0
289. 7
do
3, 787. 3 3, 549. 3
307. 2
214. 9
248.1
213.7
211.5
205. 9
221.6
208.1 209.4
213.4
212.1
211.2
229. 8
do
2, 445. 7 2, 571. 4
229. 9
119.0
136.4
115.6
116.9
156.0
119.3
159.4
139.4
118.6
117.6
115.4
115.8
do
1,224.0 1,507.0
117.0

36, 042. 8 39, 963. 2

3,380.7
3,217.9

3,391.1
3,263.2

3,175.6
3,337.8

3,504.2
3,265.5

3,311.5
3,254.5

3.116.0
3,346.2

do
do
do
do

1,046.3 1,110.6
8, 275. 4 9, 625. 9
828.4
870.9
10,333.6 11,400.9

106.8
765.6
78.5
952.9

104. 5
752.5
57.4
979. 8

90.6
740.1
54.8
898.5

94.2
820.1
73.9
978.3

85.8
834.2
87.0
990.0

76.8
860.6
89.6
860.8

96.0
98.0
87.4
91.8
82.8
851.4
836.4
902. 4
932. 8
841.3
57.1
88.0
75.6
62.8
74.1
915. 3 1, 033. 9 1, 033. 6 1, 025. 4 1, 006. 4

80.2
784.0
45.0
907.2

94.7
890. 2
63.2
951.4

10,386.9 11,093.9
2,516.8 2,881.4
2, 643. 1 2, 955. 4

960.3
285.6
234.4

951. 2
274.7
268.1

942.6 1,017.1
259.6
243.0
259.1
203.0

851.9
224. 7
235.7

759.5
207.3
259.1

916.9
204. 8
256. 2

1,019.9
227. 5
249. 5

941.3
217.1
225.4

978.3
261.6
266. 0

906.1
236.4
265.2

937. 3
245.2
191.3

963.8
278. 0
234. 9

37.8
246.3

22 9
288.' 0

2.7
28.0

4.2
33.6

2.3
20.6

2.4
20.0

1.5
22.1

.4
20.2

1.5
27.9

.5
22.7

2

17! 6

.4
20.9

1.4
20.2

2.5
25.4

595.0
344.0
73.1
307.4
193.7
422.6
4 888 2

622.7
298.1
80.2
270.2
182.2
475. 9
5, 875. 3

48.4
30.5
6.5
25.0
18.8
27.0
464.8

43.3
22 2
22'.1
14.1
32.6
474.3

38.1
20.6
6.2
23.3
11.5
42.1
443. 9

60.2
24.5
7.5
25.9
15.1
40.0
486. 1

57.4
21.1
7. 1
17.1
9.9
45.7
512.7

60.5
17.9
5.6
12.7
12.7
53.9
541.9

55.4
17.5
4.3
23.4
14.5
59.1
571. 9

51.1
31.3
6.1
21.0
17.5
41.8
565. 8

45.8
26.1
7.6
20.5
15.6
35.4
529. 4

56.2
25.9
8.3
29.7
18.4
48.1
488.9

41.6
28.7
9.0
22.0
16.4
26.6
551.0

34.2
21.4
6.5
16.5
14.6
30.3
488. 9

41.2
25.4
10.8
21.9
17.3
33.5
555. 1

842.2
80
2, 603. 4
1,203.7
51.5
2 120 4

942.1
9 4
3, 129. 6
1,316.1
72.2
2, 195. 8

73.6
.7
248.7
117.2
5.4
194.3

75.5
.7
281.3
121.8
3.5
179.0

73.0
.5
239.5
104. 9
5.3
182.8

79.9

77.9
1.1
269.0
114.7
6.5
201.7

85.2
.6
236.0
124.1
5.1
136.5

71.4
.5
271.0
97. 6
2.9
175.4

82.4
.9

95. 0
.9
290.1
1U.7
6. 7
185.6

89.5
1.1
294.5
117.7
3.7
184.4

79.1

112. 3
2 9
212. 7

88.9
1.0
292. 0
104.1
5.9
203.0

98.2
1.1
313. 9
125. 5
7.6
216. 6

Northern North America
do
Southern North America
_ do
South America
do
By leading countries:
Africa:
United Arab Republic (Egypt)
do
Republic of South Africa
do
Asia; Australia and Oceania:
Australia, including New Guinea
do
India__ _
do
Pakistan
do
Malaysia
do
Indonesia
do
- Philippines _
do
Japan
do
Europe:
France
do
East Germany _
do
West Germany
do
Italy
do
Union of Soviet Socialist Republics, _. do.__
United Kingdom .. .
do
North and South America:
Canada. _ _
do
Latin American Republics, total 9
Argentina
Brazil _
Chile
Colombia
Mexico
Venezuela
r
Revised.
9 Includes data not shown separately.




3,451.9 3, 598. 9 3, 405. 8 3, 555. 5 3, 422. 0 3, 193. 8 3,911.5
3,428.2 3,500.5 3,428.4 3,404.3 3, 686. 3 3, 553. 4 3 569 2

do
do

do
do
do
do
do
do
do

269! 7
115.1
4.6
189.0

267! 2
102! 2
3.8
155. 1

10,383.6 11,091.1

960.1

951.0

942.5 1, 017. 0

851.8

759.0

916.5

1,019.0

941. 3

978.3

906. 0

937.1 1, 140. 0

4, 779. 2
171.8
669.4
154.0
268.9
1,222.4
1, 082. 1

429.6
12.4
43.4
7.7
27.9
125.0
89.7

455.4
16.1
51.5
20.9
24.4
129.8
98.8

377.0
13.1
38.3
11.3
24.3
114. 9
72.4

425.9
13.0
64.9
8.5
25.6
105.0
88.7

372.6
13.9
57.8
13.5
22.9
83.2
87.2

385. 7
15.6
68.3
10.9
20.4
82.0
86.2

371.5
18.3
56.0
14.4
18.4
80.6
86.4

383.3
18.2
63.1
14.1
16.5
93.1
80.9

358.0
11. 9
66.3
10.1
15.8
91.9
75.3

418.9
12. 2
49. 6
15.2
22.0
110. 1
105.2

407.4
9. 7
89.6
10.4
19.1
99. 8
87.1

355.8
9.7
44.4
8.6
15.4
110.9
76.4

4,213.8
155.3
616.7
151.4
240.4
1,029.3
940.1

452. 6
15.5
38.2
14.5
20.0
126.3
135.3

Apr.

May 1971

SUEVEY OF CURRENT BUSINESS

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1971

1970

1970

Annual

S-23

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Mar.

Feb.

Apr.

FOREIGN TRADE OF THE UNITED STATES— Continued
FOREIGN TRADE— Continued
Value of Imports — Continued
General Imports— Continued
By commodity groups and principal commodities:
Agricultural products, total
mil. $
Nonagricultural products, total
do

422.0
4,953.7 5, 664. 9
512.6
434.9
484.9
461.1
500.8
454.2
454.7
534.7
440.0
450.6
517.7
491.4
31,089.1 34,298.3 2, 873. 3 2, 873. 7 2, 734. 9 3, 012. 7 2, 861. 3 2, 662. 3 2, 939. 5 3,137.8 2, 970. 9 3,020.8 2, 937. 0 2, 771. 8 3, 410. 7

Food and live animals $
__ do
Cocoa or cacao beans
do
Coffee
do
Meats and preparations
_
do
Sugar
do..
Beverages and tobacco
.
do
Crude materials, inedible, exc. fuels 9
do
Metal ores
_ _ _ _ _
do
Paper base stocks
do.
Textile
fibers
do
Rubber
__
do

4,530. 6
168.2
893.9
863.7
638.2
777.8
3, 460. 1
1,012.5
520.8
260.1
279.5

5, 378. 9
200.7
1, 159. 5
1,014.5
729.1
855.0
3, 312. 2
1,148.9
501.9
201.7
236.5

473.0
18.7
96.1
93.8
56.0
64.8
273.7
68.6
49.5
22.9
26.0

488.8
17.4
96.4
80.6
84.2
71.5
260.5
76.9
43.0
21.4
20.7

409.2
15.6
96.3
64.9
49.1
64.9
281.2
103.2
41.2
18.7
19.2

475.5
8.7
114.1
84.3
73.0
70.9
298.7
114.7
42.8
19.4
18.5

436.3
14.9
94.4
97.3
62.6
68.2
280.5
114.3
41.2
15.9
15.7

435.1
12.5
99.7
91.2
74.5
49.8
290.7
117. 9
39.7
14.9
15.2

447.8
15.4
83.8
91.3
80.9
63.5
301.5
117.1
37.2
13.2
18.7

459.3
17.5
103. 9
86.0
53.4
87. 9
275.7
98. 2
40.8
10.2
17.7

423.2
9.8
95.8
75.9
44.5
95.0
266.0
98.7
39.2
10.2
18.4

488.5
18.1
83.6
82.7
76.2
86.9
267.8
91.9
44.4
13.2
18.9

459.7
30.1
124.1
70.2
45.6
63.1
235.4
71.4
37.4
13.0
17.2

385.7
14.5
86.7
64.8
33.9
56.2
208.2
51.1
38.0
12.9
17.2

458.7
14.8
81.3
87.6
67.4
69.0
309.6
94.8
49 9
16.0
15.4

Mineral fuels, lubricants, etc
Petroleum and products
Animal and vegetable oils and fats
Chemicals

do.
do
_ do
do

2, 794. 0
2, 559. 9
136.7
1, 228. 3

3, 080. 8
2, 770. 0
159.6
1, 450. 3

296.6
270.9
10.2
129.0

244.9
223.8
10.1
133.2

224.2
193.0
14.2
120.5

246.8
221.5
21.1
121.1

213.1
188. 9
13.1
114.1

255.5
231.4
14.9
124.9

240.4
216.0
9.2
111. 9

255.0
229. 2
16.0
130.8

239.1
212.8
11.3
119.8

311.1
279. 4
21.3
121.3

267.6
237.0
11.9
124.0

255.8
219.5
15.5
125.4

315.6
283.8
16.1
145.5

Manufactured goods 9
Iron and steel
Newsprint
Nonferrous metals _
Textiles

do
do
do
do
_ do

7, 892. 9
1,809.1
939.0
1,534.2
1, 018. 5

8,437.4
2, 032. 0
929.6
1,652.7
1, 135. 4

696.2
137.2
81.2
146.0
99.9

691.4
150.2
78.4
145.1
92.8

692.1
164.3
76.5
134.3
93.1

730.3
166.8
76.3
150.8
96.5

726.2
178.3
73.4
136.3
99.2

654.5
171.2
68.1
116.8
89.1

736.1
189.7
76.5
150. 9
84.5

768.6
203.5
79. 9
136. 0
104. 0

762.0
239.5
78.1
120.7
99.4

754.4
199.9
93.5
146.7
95. 9

719.9
193.7
76.0
123.1
110.0

636.1
180.8
62.6
105.9
97.6

795. 7
190. 0
83.8
136.4
127. 1

_.

Machinery and transport equipment
Machinery, total 9 _ _ _
Metalworking
Electrical

do
do
do
do

Transport equipment
do
Automobiles and parts
do
Miscellaneous manufactured articles
do
Commodities not classified
do
Indexes J cf
Exports (U.S. mdse., excl. military grant-aid):
Unit value
1967=100..
Quantity
do
Value. . _
do
General imports:
Unit value
do
Quantity
do
Value .
do
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 $

9, 762. 7 11,171.3
4,488.9 5, 289. 3
182.7
163.7
1, 948. 2 2, 271. 9

957.1 1,012.3
449.3 453.5
14.6
17.5
191.8
189.0

909.5 1, 009. 6
415.9
459.7
12.9
14.1
168.6
198.7

897.4
466.0
16.4
189.1

735.0
427.4
10.9
203.5

912. 0 1,015.8
442.4
477.6
10. 9
10.3
210.0
218. 2

975. 2
450.2
11.5
204.6

986.7 1,033.2 1, 032. 0 1, 236. 9
473.3 468.6
526. 9
413. 9
9.5
9.1
13.5
10.9
166.4
191. 6
211. 9
194.8

5, 273. 8
4, 618. 4
4, 127. 2
1, 332. 4

5, 882. 0
5, 066. 6
4, 843. 9
1, 273. 8

507.8
436.7
380.0
105.4

558.8
477.1
371.3
107.5

493.6
432.9
363.5
95.6

549.9
483.2
418.4
111.7

431.4
352.0
449.2
113.9

307.7
239.7
450.4
105.7

469.6
402.8
453.8
118.1

538.2
470.4
469.2
120. 8

525.0
459.4
406.1
108.3

513.5
440.7
402.5
115.0

104.7
114.5
119.9

"110.7
"123.9
p 137. 2

108.7
127.6
138.7

110.7
125.3
138.7

110.3
136.5
150.6

111. 1
129. 4
143.8

111.5
122. 4
136.5

110.4
114. 1
120. 0

111.5
115.3
126. 5

111.5
134. 9
150.5

110. 6
121.9
134. 9

112.3
126.7
142.3

104.2
128.7
134.1

"112.3
v 132. 9
"149.2

109.4
138.1
151. 1

113. 2
137.4
151.3

110. 9
127. 8
141.7

110.4
141.7
156.4

112.3
131. 6
147.8

113. 1
122. 7
138.8

] 13. 6
135.6
154.1

113. 6
141.4
UK). 6

113.7
133.7
152. 0

199,286
19, 915

239, 802
24, 395

17,621
2,008

19,386
2,013

19,332
2,126

22,312
2,101

21, 734
2,075

19, 802
1, 949

20, 818
1,920

23, 745
2, 283

288, 620
21,570

298, 116
24, 724

24,301
2,029

24, 061
2,043

21, 928
1,919

26, 692
2,151

25, 454
2,133

26, 182
2,085

25, 518
2, 153

25, 202
2, 210

564.7
477. 9
389. 4
117.6

618.1
535.5
369.5
109.4

114. 5
117. 4
134.4

114.8
118.3
135. 9

114.2
138. 9
158.7

114.9
132.3
152. 1

115.8
123.1
142.5

20, 034
2,057

21, 455
2,141

17,331
1,964

23, 045
2,129

27, 150
2, 179

21,448
2,155

r
r

709.9
617. 2
442.2
122. 1

116.4
150.0
174.6

TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers (Scheduled Service)
Certificated route carriers:*
Passenger-miles (revenue)
bil
Passenger-load factor §
percent..
Ton-miles (revenue), total f
miL.
Operating revenues9
mil. $..
Passenger revenues
_
do
Freight and express revenues. . „
do
Mail revenues
do
Operating expenses
do
Net income after taxes. . . .
do
Domestic operations:
Passenger-miles (revenue)
bil
Express and freight ton-miles..
mil..
Mail ton-miles
do
Operating revenues
mil $
Operating expenses
do
Net income after taxes
do"""
International and territorial operations:
Passenger-miles (revenue)
bil._
Express and freight ton-miles
mil
Mail ton-miles
do
Operating revenues
mil $
Operating expenses
do
Net income after taxes
do

125. 42
50.0
16, 898
8,792
7,120
686
296
8,400
55

U31.72
49.7
18, 167

10.61
40. 1)
1,466
2,152
1,781
165
71
2,198
73

9.97
50.0
1,434

10.69
48.4
1,520

12.40
53. 2
1,680
2,334
1,911
203
74
2, 269
1

13.38
56.2
1, 759

14.31
59.4
1,834

10. 90
48.2
1,497
2,541
2,139
192
71
2,387
60

9.98
45.0
1,439

9.20
43.6
1,334

10.94
48.2
1,554

10.53
46.0
1, 409

9.06
43.5
1, 260

3 102.72
3 2, 126
3807
6,517
6 237
11

1 104. 16
12,216
1715

8.44
171
53
1,677
1 699
-43

7.77
206
54

8.10
218
53

9.44
206
50
1,771
1 795
2

10.12
189
54

10.88
178
54

8.23
182
56
1, 897
1 835
(2)

7.90
187
63

7.48
162
63

8.94
178
87

8.45
147
59

7.26
147
55

3 22. 70
3 1, 224
3544
9 275
2,164
44

i 27. 56
1 1, 299
1766

2.20
112
65

2.60
112
68

2.96
114
68
563
544
—1

3.26
121
57

3.44
114
57

2.67
113
56
644
552
60

2.08
126
65

1.72
110
78

1.99
106
89

2.08
96
54

1.80
101
51

~113
67
475
499
—30

Local Transit Lines
Fares, average cash rate
cents
25.4
25.5
24.3
25.4
25.7
Passengers carried ("revenue)...
mil..
540
517
6,310
522
5,903
T
Revised.
j> Preliminary.
1 Annual total reflects revisions not distributed to monthly
data.
2 For 33 quarter 1970, loss $386 thousand.
3 Restated to 50-States basis.
I Trade in silver is included in value and quantity indexes for 1968 and all indexes thereafter.
cfNew base; comparable data for earlier months will be shown later.
9 Includes data not shown separately.
§Passenger-miles as a percent of available
seat-miles in revenue service; reflects proportion of seating capacity actually sold and utilized.
TlApplies to passengers, baggage, freight, express, and mail carried.




26.5
26.4
26.4
26.2
26.4
26. 0
25.8
25.6
25.7
25.7
536
440
460
499
473
509
442
483
452
492
New series. Source: Civil Aeronautics Board. Certificated route industry covers passengerPI'IUI I U i:U\J t i l l s L i u a n v ; W an mv. i m - i i - v i m m v

i i i i ^ t i i u u i w n u ; A i*.iv- ~v

,"

Yi

,

" o-

i

*•

»'oo

this page.) Selected revenues by type (as shown for total industry) and all traffic statistics
cover scheduled service only; total revenues, expenses, and income for all groups ol earner
also reflect nonscheduled service.

SUEVEY OF CUEEENT BUSINESS

S-24
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

Annual

1971

1970

1970

1969

May 1971

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov. 1 Dec.

Jan.

Feb.

Mar.

172 5

180 4

Apr.

TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity)
C arriers of property, class I (qtrly. total) :
1
Number of reporting carriers
1, 289
O perating revenues, total
mil. $._ 10, 482
Expenses, total
do_ __ 10, 036
Freight carried (revenue)
..mil. tons..
560
Freight carried, volume indexes, class I and II
(ATA):
Common and contract carriers of property
(qtrly. ) c f - - .average same period, 1957-59=100-.
Common carriers of general freight, seas, adj.f
1957-59=100
Carriers of passengers, class I (qtrly.): §
Number of reporting carriersOperating revenues, total.
_ mil. $ Expenses, total
do
Passengers carried (revenue)
mil..
Class I Railroads
Financial operations (qtrly.):
Operating revenues, total 9 - .mil. $
Freight
do .
Passenger,.
do
Operating expenses
do
Tax accruals and rents _ _
do
Net railway operating income
_- _
do
Net income (after taxes)
do
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
Travel
Hotels:
Average sale per occupied room
dollars
Rooms occupied
% of total
Restaurant sales index same mo 1951 = 100
Foreign travel:
U.S. citizens* Arrivals
thous
Departures
do
Aliens: Arrivals.. _
do
Departures
. ,
do
Passports issued
do
National parks, visits
do

1,379
2,640
2 567

136

183.8

180.0

179.9

168 9

165 2

173 0

170
676.4
593.6
175.0

11,451
10, 346
439
9 062
1 729
659
461

2
2

11, 983
10, 914
2
420
2

9, 729
2 1, 844
2 411

2 127

* 781. 7 r
* 762 5
767 9
1 347 4 1 431
12 169 * 10, 771

12 37
59
119

1 375
2 535
2 480

151 0

161 2

172 8

173 1

172 1

69

70

147 6
145. 1
39.2

179 0
158.0
42.8

218 6
175 1
47 7

2,818
2,569

3 082
2,811

3,040
2,758

99
2,337

422
60
8

164.7

179.8

169 0
122 6

70

106

113

2 458

2 451

15

466
158
76

479
109
21

190.6
184 6
1.378
2,571

201 7
198 6
1 416
2 754

192 1
189 2
1 458
2 986

167 4

2

r

305
437
292
299
108
1 000

550
443
328
239
137

182

275

r
1 073
968
1 102
1 096 5 1 140 7 1r 001.4
r 77 3
77 9 r 80 2
§Q9 8
742 0
812 1

1 027
985 6
78. 0
605 5

770. 0

13 95

14 48

13.39

55
106

56
118

62
114

50
104

496
499
291
244
246

480
481
295
245
277

509
545
341
289
267

536
731
349
313
311

736
903
455
395
254

1 009

767
498
421
163

690
535
416
334
126

505
408
326
291
101

420
368
268
237
88

1 559

1 878

3 338

6 667

0 0^4

9 969

4 53°

16, 781
8 213
6 506
10 270
2 798
100.3

18, 103
8 912
6 947
11 581
3 058
104 1

4,354
2 149
1 660
2 741

391 3
330 8
32.9
179 9

3 050

183. 2

12.72
56
128

13 74

53
117

2 219
45 753

2

191 1
1 453
2, 501

13.24
50
106

12 17

56
125

659
499
065
469

i 10

13.62
47
98

13 80

58
131

5 911
4 5 767
3*602
4
3 039
1 820
42 403

285

12 24
40
112

12 87

57
122

184.7

2 3, 045
2
2, 778
2
102
2
2, 484
2476

61
127

12 23

55
114

177 4

160 8

13 95

13 25

6
6
4
3

132

1,625

250.2

200

COMMUNICATION (QTRLY.)
Telephone carriers:
Operating revenues9
mil. $
Station revenues
do
Tolls, message
do
Operating expenses (excluding taxes)
do
Net operating income (after taxes) ..
do
Phones in service, end of period
. .mil
Telegraph carriers:
Domestic:
Operating revenues
__.
mil. $
Operating expenses .
do
Net operating revenues (before taxes)
do
International:
Operating revenues
do
Operating expenses
..
do
Net operating revenues (before taxes)
do

r 132 5

39.1

4,637
2,300
1 760
2 987
802
104.1

4,568
2 236
1 765
•? 055

101 0

4 543
2 227
1 753
2 898
' 764
101 7

402 5
334 e
34 0

97 5
82 8
9 4

106 7
85 8
11 3

08 1
85 1

100. 2
80.8
6.0

193 7
144 9
39 3

47 5
34 9
10 3

48 5
35 9
10 2

47 7
36 0

50 1
38.1
0.4

732

758
103 1

0.4

0.4

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Acetylene
.
mil cu ft
Ammonia, synthetic anhydrous thous sh tons
Carbon dioxide, liquid, gas, and solidj
do
Chlorine, gas (100% C13)
do
Hydrochloric acid (100% HC1)
do
Nitric acid (100% HNO 3 )
do
Oxygen (high purity) t
mil cu ft
Phosphoric acid (100% P26s)
thous sh t o n s "
Sodium carbonate (soda ash), synthetic (58%
Na20)
thous sh tons
Sodium bichromate and chroniate
do
Sodium hydroxide (100% NaOH)
do
Sodium silicate, anhydrous
thous. sh. tons
Sodium sulfate, anhydrous
thous sh tons
Sulfuric acid (100% HjSOi)-""
'. ' do"""

14 382
14 386
1 306
12 713 5 13 098 0 1 165 5
1 069 4 1 120 1 96 5
9 422 0 8 895 2
822 K--

1 319
1 139 4
102 3
814 3

1 848 6 1 917 7
4 6 443 4 T 6 460 1
275 962 279 352
4 915 5 5 470 8

176 8
551 4
23 713
458 7

157 1
582 0
23 325
480 3

165 9
571 7
24 040
465 0

4 502 8 4 414 4
149 4
149 5
9 618 7 10 073 7
653.8
r 612. 4
*1 471 0 1 OCO A
29,536.9 29, 145. 7

370 4

378 3
13 6
847 8
55.0

391 4
13 6
856 8
65.2
i ns n

197

835 2
52.2
mo
2,465.3

11 R 0
2,530.5

2,517.4

r Revised.
» Preliminary.
i Number of carriers filing complete reports for the year.
1 relimmary estimate by Association of American Railroads.
3 For 5 weeks.
•> Annual total reflects revisions not distributed to the monthly or quarterly data.
5 After ex6
,r^r?mary ltemsBeginning Jan. 1971, includes low purity oxygen; comparable Dec.
1970 figure, 26,394 mil. cu. ft.
7 Before extraordinary and prior period items.




1 11°
1 155
1 102 6 1 050 7
103 5
87 0
805 9
860 1

1 2^0
1 214
136 5 1 065 5
100 3
104 2
810 3
844 4

1 124
1 08"? 2
106 6
811 7

161 5
548 7
23 401
499 \

166 8
475 7
23 147
388 1

161 0
502 1
22 974
456 9

r 4gl 7

365 4

379 4

332 7

355 5

19 R

197

107

191

816 8
54.8
i OR n
2, 398.4

889 3
39.1

870 1
48.7
07 0

829 1
48.7
117 6
2,403.8

1 275
1 128 9 1
109 7
839 2

-tno A

2,310.7

2,303.9

163 8
522 7
23 003

165 6
564 3
94 944
50^ 3

143 3
553 1
23 341
463 6

153 8
565 1
23 829
5'76 o

373 4
13 3
880 1
56.2
192 7
2,404.8

361 6
11 8
830 0
55.8
116 0

4J9 I

2,432.9

14 7
842 8
51.7
116 0
2,672.8

r 160 6
6r

567 3
27 473
402 9

r

140. 0
526.3
26 868
524 5

176.0

344 3
11 3
741. 7
50.6

375. 8
12 2
825. 4
62. 0
118 4

319 ()
r

11 6
765 6
r
38. 7

r HI

2,305.7

5

r

T 1Q<)

1

2, 393. 8

t Revised monthly data (1057-60) are available.
d*Indexes are directly comparable for
the identical quarter of each year (and from year to year).
§Beginning with 1st quarter 1069 reporting period, motor carriers are designated class 1
if they have annual gross operating revenues of $1 million or over.
9 Includes data not shown separately.
{Revisions for 1967 available upon request.

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1 1970

S-25

1970

Annual

Apr.

Mar.

June

May

July

1971

Sept.

Aug.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Organic chemicals, production :d"
Acetic anhydride
Acetvlsalicylic acid (aspirin)
Creosote oil

r

i 1,748. 0
37.5
i 118. 3

35.1
109.6

2.9
10.0

3.0
8.6

131.5
3.0
10.2

133.2
2.8
9.3

132.2
2.4
8.0

127.8
2.2
9.6

3.3
9.5

3.5
9.3

2.9
9.1

2.7
10.6

.mil. lb_. i 153. 2
i 4,192. 8
do

i 158. 7
»4,312.4

13.6
382.6

25.5
373.7

22.9
372.4

13.2
363.1

8.3
324.2

9.7
353.2

16.2
397.8

14.7
370.8

10.2
400.8

16.1
344.4

do_ _ _
do
mil. gal__
mil. Ib

322.4
30.5
i 624. 8
774.0

336.1
29.6
i 744. 7
i 714. 0

27.9
23.8
54.3
63.2

29.1
24.9
59.7
58.8

28.7
26.5
60.4
64.8

28.8
27.2
57.9
61.0

25.3
25.3
43.4
61.0

27.9
24.6
53.2
58.8

26.1
24.4
50.6
63.6

27.8
23.0
60.4
54.9

31.7
26.6
65.4
53.8

31.8
29.6
77.0
55.9

*28.2
31.2
60.2
54.4

25.8
'27.0
56.6
51.4

_ _ _ ..mil. tax gal__
do
_ __do __
._ _ -do

737.7
179.7
592.6
85.6

631.6
162.7
513.8
85.8

59.8
177 1
46.6
8.0

57.7
181.2
44.0
8.6

57.8
177.3
46.3
6.2

59.2
184.0
48.4
6.7

56.9
184.8
45.0
6.0

46.9
176.9
42.3
6.4

58.3
177.8
42.7
7.5

54.8
169.4
42.9
8.6

41.4
161.3
37.1
7.7

48.3
162.7
37.6
6.7

45.0
162.8
37.8
6.2

41.5
159.4
31.8
6.1

mil. wine gal._
do
- do

318.4
318.8
2.4

254.6
276.2
3.0

24.9
25 1
24

23.7
23.6
2.4

24.8
24.3
3.0

26.0
26.1
2.9

24.3
24.4
2.8

22.8
22.9
2.7

23.0
22.9
2.8

23.2
22.9
3.0

20.1
20.1
3.0

21.0
20.9
3.0

20.4
20.2
3.3

17.2
17.7
2.8

thous. sh. tons
do _ _
do
do

16, 599
1,799
12, 229
1,233

16,005
1,133
12, 543
966

1,088
106
840
51

1 230
49
951
105

579
102
323
87

2,078
92
1,773
48

1,550
140
1 148
103

1,414
130
1,086
74

1,341
76
1,034
115

1,479
105
1,189
74

1,420
114
1 163
73

1,293
101
980
70

1 800
58
1 528
66

1,168
62
905
87

1 285
67
986
83

233
138
3,829
184

326
218
4,165
129

46
30
514
1

59
37
579
1

57
16
397
6

15
12
218
21

10
6
164
16

10
15
304
13

18
12
331
13

23
16
391
22

24
24
387
8

19
16
269
5

16
12
315
19

24
33
296
13

43
40
474
7

4 794

4,603

631

621

416

206

159

353

340

411

416

319

436

271

569

4,290
448

4 496
484

393
359

408
276

381
264

364
351

330
455

343
432

380
418

386
394

387
426

431
484

379
505

405
501

Explosives (industrial), shipments, quarterly!
mil. Ib

1 924 8 12 046.5

390.9

Paints, varnish, and lacquer, factory shipments:
Total shipments
mil $
Trsde products
do
Industrial
finishes
do

2 776.7 2 731 9 241.6
1 473 5 1 529 1 130 4
1 303.5 1 202 8 111.2

236 3
131 7
104 6

251.2
142 9
108 3

281.3
162.1
119.2

256.4
153 1
103 2

258.9
150 5
108 5

252 3
143 5
108 8

217.3
123 2
94 1

183 3
106 5
76 8

176.7
96. 5
80.2

r 186. 4
f 102 0

84 4

206. 9
115.3
91.6

721
3 657

683
3 642

720
3 714

671
3 738

717
3,689

700
3,800

r
797
3,837

746
3,977

703
4 021

742
4,038

728
4,108

658
4,094

47 7
58 2
93 0
53 8

53 9
57 9
100 6
54 9

49
52
89
54

2
5
3
7

58.0
54 5
85 7
54 6

55.3
49 1
74 1
44 7

51
53
83
54

9
7
2
8

50.1
58 0
92.8
50 7

43.6
54.0
85. 1
48 2

42.8
54.2
79.5
46.0

47.3
82.1
47.8

13 3

12 8

12 5

11 0

10 4

10 8

11 0

99

91

25 4
271 9
311 7
517.7

28.2
279 6
288.6
487.6

28.0
283.8
289.2
509.8

mil Ib
_do
mil. gal

Ethyl acetate (85%)
Formaldehyde (37% HCHO)
Glycerin, refined, all grades:
Production
_ _
Stocks end of period
Methanol synthetic
Phthalic anhydride

-

c

125 8
2.7
8.4

120 2
2.5
8.4

13.0
13.5
301.5 ' 310. 3

140 6
2.9
9.6

10.8
382. 1
30.3
29.2
56.0
61 9

ALCOHOL
Ethyl alcohol and spirits:
Production
Stocks end of period
Used for denaturation
Taxable withdrawals
Denatured alcohol:
Production
Consumption (withdrawals)
Stocks end of period
FERTILIZERS
Exports total 9
Nitrogenous materials
Phosphate materials
Potash materials
Imports:
Ammonium nitrate
Ammonium sulfate
Potassium chloride
Sodium nitrate

do
do
do
do

Potash deliveries (KjO)
do
Superphosphate and other phosphatic fertilizers
(100% P2O5) :
Production
thous sh tons
Stocks, end of period
do
MISCELLANEOUS PRODUCTS

Sulfur, native (Frasch) and recovered:
Production
thous Ig tons
Stocks (producers'), end of period
do

8 568
3 461

i 8 539
4 038

696.4

484.0

475.3

380.0

r

695
4,123

PLASTICS AND RESIN MATERIALS
Production:
Therm osetting resins:
Alkyd resins
Polyester resins
Phenolic and other tar acid resins
Urea and melamine resins

mil. Ib
do
do
do

^628 8
599 1
i 667 4
645 8
i i 123 8 1 041 1
1 770 5
622 7

Thermoplastic resins:
i iQ2 g
Cellulose plastic materials
do
Coumarone-indene and petroleum polymer
i 332 6
resins
mil Ib
13 251 6
Styrene-type materials (polystyrene)
do
13
638 8
Vinyl resins (resin content basis)
do
15 440 7
Polyethylene
do

134 2
312 6
3 349 3
3 690 9
5 857 6

25
269
316
472

1
2
7
2

27
276
338
484

4
2
2
6

26 9
288 2
330 2
501 1

25
299
325
505

6
1
3
3

25
272
298
503

3
5
4
2

7
6
1
7

10 3
25 7
274 3
310 5
488 7

56
54
82
52

24
293
314
497

6
8
0
4

268 0
294.7
493. 5

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total J
mil. kw.-hr._ 1,552,757 1, 638, 010 132, 333 126, 528 130, 470 137, 155 149, 700 151, 492 139, 839 132, 734 130,925 141, 048 146, 329 131, 607
Electric utilities total
do
1,442,182 1, 529, 581 123, 051 117, 443 121, 197 128, 082 140, 633 142, 694 131, 106 123, 536 121, 979 132, 119 137, 388 123, 394
By fuels
do
1,191,990 1, 282, 253 100, 978 95, 722 99, 394 106, 906 119, 724 122, 769 113, 094 105, 384 102, 514 110, 322 114, 774 101, 359
By waterpower
do
250,193 247, 328 22, 073 21, 721 21, 803 21, 176 20, 909 19, 924 18, Oil 18, 153 19, 465 21, 797 22, 614 22, 035
Privately and municipally owned util
Other producers (publicly owned)
Industrial establishments total
By fuels
By waterpower
r
Revised.
1

do
do

1,171,776 1,254,344 99, 877
270,406 275, 237 23, 174

do
do
do

110,575
107,299
3,276

108, 429
105, 146
3,284

9,283
8,978
305

96, 192
21, 250

9,085
8,765
320

98, 722 104, 606 115, 291 117, 630 108, 928 102, 710 100, 257 108, 583 112,269 100, 878
22, 475 23, 477 25, 342 25,064 22, 177 20, 827 21, 721 23, 536 25, 119 22, 516

9,274
8,961
312

c
Corrected.
Revised annual total; revisions are not distributed to the monthly data.
d"Data are reported on the basis of 100 percent content of the specified material unless




9,072
8,806
267

9,067
8,825
242

8,798
8,575
223

8,733
8,529
204

9,197
8,972
225

8,946
8,656
290

8,929
8,641
288

8,940
8,651
290

8,213
7, 924
290

otherwise indicated.
9 Includes data not shown separately.
§Data have been restated to exclude black blasting powder formerly included.
\ Revised data for the months of 1968 will be shown later.

Apr.

s_26

SURVEY OF CURRENT BUSINESS

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

| 1970

Annual

May 1971

Mar.

Apr.

May

July

June

1971

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

ELECTRIC POWER AND GAS—Continued
ELECTRIC POWER— Continued
Sales to ultimate customers, total (EEI) mil.kw.-hr 1,307,178 1,391,359 111,774 109, 247 108, 692 113, 876 121, 481 126, 043 126,257 117, 258 110, 690 115, 649 122, 035 120, 810
Commercial and industrial:
286, 686 312, 750 23,609 23, 564 24, 339 26, 588 29, 113 30, 128 29, 972 27, 109 24, 734 25, 147 26, 223 26,029
Small light and power §
do
557, 220 572, 522 47,041 47, 030 47, 970 49, 231 48, 012 48, 997 49,130 48, 614 47, 235 47, 583 47, 480 47, 457
Large light and power §
do
Railways and railroads
Residential or domestic
Street and highway lighting
Other public authorities
_ _
Interdepartmental

.
_

__do
do
do
__do
do

Revenue from sales to ultimate customers (Edison
Electric Institute)
mil. $

4,531
407, 922
10, 772
35,861
4, 186

4,633
447, 795
11, 183
37, 816
4,660

415
36,307
938
3,079
386

376
34, 007
891
3,005
374

384
31, 745
839
3,032
383

363
33, 302
817
3,182
393

359
39, 530
828
3,223
416

362
42, 051
869
3,222
414

354
42, 219
917
3,261
404

375
36, 465
978
3,314
404

368
33,839
1,029
3,118
366

421
37,860
1,081
3,172
385

445
43, 156
1,087
3,260
384

403
42, 268
1,004
3,267
382

20,139.3 22, 065. 8 1, 721. 0 1, 697. 8 1, 708. 8 1, 795. 7 1, 935. 7 2, 013. 4 2,033.3 1, 908. 3 1,807.8 1, 887. 8 1,978.1 1,977.5

GAS

Manufactured and mixed gas:
Customers end of period total 9
Residential
Industrial and commercial

thous
do
do _

575
538
36

576
534
41

567
531
35

563
528
34

mil therms
do .
do

1,519
825
667

644
398
233

321
173
142

165
64
99

Revenue from sales to consumers, total 9 mil. $
Residential
. _
_
do_ _
Industrial and commercial
_
do

130.6
80.3
48.1

54.3
36.0
17.4

28.8
17.7
10.7

16.1
8.4
7.5

40, 769
37, 413
3,307

41, 338
37, 938
3,355

41,003
37,680
3,275

40, 393
37, 145
3,198

mil. therms
184 257
do
47,064
__do. __ 101, 545

54,236
22,528
30, 192

38, 349
10, 021
26, 854

31, 190
4,084
25,634

Revenue from sales to consumers, total 9 mil. $
9 392.4
Residential
_
do
4 792.0
Industrial and commercial
do_ _.. 4, 386. 7

3, 732. 0
2, 175. 8
1, 486. 5

2, 328. 9
1, 118. 7
1, 153. 9

1, 631. 7
567.9
1, 010. 8

Sales to consumers total 9
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

FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
._
_
mil. bbl__
Taxable withdrawals
do
Stocks, end of period
do
Distilled spirits (total):
Production
mil. tax gal
Consumption, apparent, for beverage purposes
mil. wine gal__
Taxable withdrawals
mil. tax gal. _
Stocks, end of period
do _
Imports
mil. proof gal
Whisky:
Production
mil. tax gal_.
Taxable withdrawals
do
Stocks, end of period
do
Imports.- _
_
mil. proof gal

127. 32
116. 27
11.90

133.09
122. 04
12.26

11.84
10.35
13.46

12.44
10.66
14.12

12.45
11.45
14.20

13.40
11.90
14.69

12.38
11.87
14.18

11.33
10.79
13.76

11.01
10.38
13.45

10.28
9.62
13.22

9.28
8.77
12.93

9.82
9.74
12.26

9.62
8.32
12.97

9.41
8.52
13.20

230. 02

212. 26

21.26

20.11

18.16

16.29

12.89

11.22

16.18

19.21

17.99

18.11

16.20

16.82

' 361. 67 i 371. 47 ' 30. 99 29.92 ' 28. 33 29.30 28.00 27.14 30.21 32.49 35.17 47.71 24.60
14.83
172. 47
14.72
11.05
12.32
164.55
16.10
13.23
14.38
16.04
18.22
16. 32
13.86
11.62
991.42 1,008.54 1,005.66 1,008.95 1,010.84 1,012.99 1, 013. 73 1,007.86 1,006.26 1,004.59 1,005.21 1,008.54 1,011.30 1,014.16
7.03
6.28
7.55
7.29
5.97
7.63
9.84
6.36
87.08
90.89
6.89
10.84
10.45
5.68

7.65

146. 44
112. 71
954. 58
75.59

15.69
10.64
951.64
6.66

15.21
9.88
955. 47
6.22

12.85
7.79
959. 53
5.49

10.15
8.76
959. 73
6.34

9.12
6.72
961. 12
5.96

7.16
9.04
957. 73
5.15

10.37
10.67
955. 42
6.76

12.20
12.93
952. 39
5.47

11.15
11.01
951. 94
9.36

12.29
8.89
954.58
8.68

12.69
8.30
958. 21
5.60

12.96
7.78
960.86
4.95

113. 78
64.37

11.07
6.58

10.85
6.57

8.15
4.36

9.16
4.71

7.65
4.27

8.78
4.86

10.08
5.79

11.57
6.88

11.13
6.70

8.87
4.58

8.25
4.28

8.15
4.58

22.95
20.43
7.38
1.79

2.06
1.64
7.15
.12

2.02
1.27
7.80
.15

1.80
1.37
8.10
.14

1.75
1.56
8.15
.13

1.41
1.24
8.27
.09

1.96
1.39
8.72
.10

1.77
2.04
8.31
.17

1.98
2.09
8.17
.19

2.17
2.30
7.90
.21

2.50
2.86
7.38
.28

2.33
1.85
7.72
.13

1.96
1.52
8.11
.08

244. 78
216. 73
293. 32
28.23

4.60
20.64
256. 07
2.23

2.98
16.76
240. 99
2.24

3.47
15.10
226.63
2.42

2.50
17.44
207. 10
2.37

3.15
14.44
196. 38
2.20

11.05
16.32
187. 14
2.13

70.81
18.73
238. 03
2.20

92.19
20.75
302.36
2.51

38.34
19.45
313. 82
3.07

7.76
22.30
293.32
3.46

5.43
19.85
276. 51
2.06

4.62
18.68
259.80
1.81

403. 32

303. 08

6.34

2.85

2.15

1.29

4.45

28.76

126. 06

91.73

16.82

8.45

3.01

3.15

.mil. lb._ 1, 121. 1
do
88.6
. $ per Ib
.685

1, 135. 2
118.8
.704

105.6
'91.1
.688

109.1
114.3
.707

116.7
147.0
.708

112.4
186.0
.707

92.5
203.5
.708

81.1
199.2
.708

72.8
171.3
.713

82.1
147.5
.713

79.1
134.3
.709

91.0
118.8
.717

102.9
97.4
119.3 '133.2
.708
.708

110.3
157.0
.707

...mil. lb__ 1, 985. 9
do
1, 266. 4

2,202.6
1, 431. 2

187.4
120.4

194.4
130.9

215.6
149.3

215.4
150.0

199.3
136.6

181.5
120.6

167.6
104.5

172.2
103.4

161.5
95.9

179.1
109.0

176.6
110.0

166.7
104.0

199.0
124.4

324.5
254.0
161.0

286.2
238.9
16.0

308.9
257.7
11.5

335.8
281.0
9.4

370.3
315.2
10.9

384.3
325.9
10.8

366.8
308.9
11.8

358.5
289.2
11.1

336.3
264.8
15.6

326.8
254.8
18.0

324.5
254.0
24.6

320.9 ' 310. 7
255.1 '243.3
11.37
8.99

298.7
232.6
8.86

.603
.646
.632
.649
.663
' Revised.
i Reported annual total; revisions arB not disti•ibuted to the mon thly date..
§Data are not wholly comparable on a year to y ear basis because c>f chang as from cme

.634

.636

.636

.640

.661
.665
.665
.656
.653
9 Inclwies data not show n separa tely.

.678

169. 87
107. 99
938. 46
74.29

Rectified spirits and wines, production, total
mil. proof gal. _ 116. 23
Whisky....
do
68.01
Wines and distilling materials :
Effervescent wines:
Production..
_
mil. wine gal
15.80
Taxable withdrawals
do
13.96
Stocks, end of period
_
do
6.19
Imports
do
2.41
Still wines:
Production
do
277. 80
Taxable withdrawals _ _
do
197. 23
Stocks, end of period
...do
306.36
Imports
do
22.28
Distilling materials produced at wineries... do

6.75

.12

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, singfe daisies (Chicago)
_
$ per lb._




317.5
265.4
130.0

Cl assificati on

to an ather.

Apr.

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1938 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

Annual

S-27
1971

1970

May

Apr.

Mar.

July

June

Aug.

Sept.

Dec.

Jan.

(fl)
690.5

6

(fl)
84.9

6 90 4

(6)
(6)
(fl)
180 0 6 147. 5 8 115 7

6

(fl)
81 3

6 69 4

Oct.

Nov.

Mar.

Feb.

Apr.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS-Continued
Condensed and evaporated milk:
Production, case goods:
Condensed (sweetened)
mil. Ib
Evaporated (unsweetened)
_ . ..do
Stocks, manufacturers', case goods, end of period:
Condensed (sweetened)
mil. Ib
Evaporated (unsweetened)
do
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened)
__do_
Price, manufacturers' average selling:
Evaporated (unsweetened)
$ per case
Fluid milk:
Production on farms
mil. Ib
Utilization in mfd dairy products
do
Price, wholesale, U.S. average
$ per 100 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

84.9
1, 413. 8

(«)
(fl)
(•)
(•)
(')
1, 251. 3 • 107. 2 • 114. 0 • 133.4 • 136. 5

1.9
105.0

(fl)
115.7

52.1
37.1

16.4
33.3

88. 4

(fl)
«79.6

.1
2.3

(i)
4.4

(6)
6

6

(fl)
117. 5

8

(fl)
103. 1

(6)
(fl)
(8)
130. 2 « 173. 2 * 192. 7

8

(fl)
(9)
195. 9 fl 187. 4

(*)
3.6

(i)
1.8

6

o

2.5

(i)
31

(«)
«88. 9

.6
1.2

(6)
6

8

87 1

69
2.0

(6)

674.8

.7
2 7

4.1
3.9

4.6
3.0

(6)

(6)

6

(6)

109. 0
6

(8)

67. 6

17

4.4
2.6

9 010

10,209
5,496
'5.83

2.3

7.50

7.98

7.77

7.85

7.96

8.04

8.11

8.06

8.12

8.12

8.13

8.14

116,345
57, 167
5.49

117, 436
60, 108
5.69

10 126

5.55

10328
5,525
5.51

11 109
6,067
5.39

10792
6,140
5.33

10226
5,595
5.45

9 767
5 013
5.57

9 273
4 418
5.81

9 280
4 388
6.02

8 842
3 997
6.08

9 349
4,479
6.05

66.1
1, 431. 7

67.7
1 528 4

6.1
132 2

6.1
148 4

7.2
185.7

7.3
179 9

6.5
152.3

5.8
124 5

4.7
%0

4.4
94 8

4.3
88.5

5.5
116 9

63
117 0

r H4 g

6.8
134 1

6.6
83.9

4.7
101 4

4 7
r 81 2

5.1
101 4

6.6
138 7

8.0
159.0

9.3
154.0

9.4
165 5

8.6
144.8

6.6
122.8

4.7
101.7

4.7
101 4

55
97 7

5.0
89 8

3.9
90 4

15.6
111.6

13.8
212 3

14
14 2

1.0
10 7

1.0
90

.7
14 2

.6
19 9

.7
34 1

.5
19 9

.7
7.7

.9
25 4

1.1
2 3

.8
10 7

.7
10 0

1.0
17 6

.235

.263

237

.262

.269

.276

.273

.271

.274

.273

.273

276

278

276

.277

mil bu

1,059. 0

1 337 5

91 8

100 7

104.6

102 5

117 4

111 5

114.5

143 2

123.0

123 8

101 2

103 7

105.5

do
do
do
do
do

2423 5
426 7
264 6
162 2
8.3

2r 410. 4
381. 1
238.9
' 142. 2
55.1

332.1
198.5
133 6
.1

.1

8.3

8.1

489.4
305.6
183.8
6.4

4.4

6.7

' 381. 1
238.9
r
142. 2
6.3

.2

8.7

259 3
142 3
116 9
7.6

1.12
1.12

1.14
1.13

1.07
1.07

1.10
1.09

1.11
1.12

1.14
1.14

1.19
1.18

1.19
1.17

1.21
1.18

1.22
1.20

1.24
1.24

1.30
1.29

1.26
1.25

24,583

2 4, 110

56.8

46.4

1.40
1.42

1.41
1.39

5,287

r

9 547
4 745
5.96

4*636

5.91
4.9

10, 432

P5.74

GRAIN AND GRAIN PRODUCTS
Exports (barley corn oats rye, wheat)
Barley:
Production (crop estimate)
Shocks (domestic) end of period
On farms
Off farms
Exports, including malt§
Prices, wholesale (Minneapolis):
No. 2, malting
No. 3, straight
Corn:
Production (crop estimate grain only)

$ per bu__
-do
mil bu

r

3237.0
3136.7
3100.3
7.8
6.5
1.15
1.15

1.16
1.16

58.7

43.9

3999
3569
3430
53.8

1.38
1.32

1.47
1.40

1.50
1.46

3, 743
2,730
1, 013
572.0

2 991
2 223
768
42 2

40.0

50.0

1,923
1,404
520
40.0

1.21
1.19

1.35
1.33

1.22
1.21

1.26
1.25

1.30
1.29

1.34
1.32

mil. bu
do
do
do

3950
885
724
161

2909
'915
704
r
211

674
529
145

Exports, including oatmeal
do
Price, wholesale, No. 2, white (Chicago)
$ per bu

76

21.3

5

Stocks (domestic) end of period total mil bu
On farms
do
Off farms
do
Exports including meal and
flour
do
Prices, wholesale:
No. 3, yellow (Chicago)
$ per bu._
Weighted avg., 5 markets, all grades.
do. _
Oats:
Production (crop estimate)
Stocks (domestic) end of period total
On farms
Off farms

Rice:
Production (crop estimate)
mil bags 9
California mills:
Receipts, domestic, rough
mil. Ib
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), enrl
of period
mil. Ib
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil Ib
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of period- _
mil. Ib
Exports. ._
do
Price, wholesale, Nato, No. 2 (N.O.)
$ perlb

Rye:
Production (crop estimate)
mil. bu
Stocks (domestic), end of period
do
Price, wholesale, No. 2 (Minneapolis)__$ per hu
Wheat:
Production (crop estimate), total
Spring wheat
Winter wheat
Distribution

mil. b"
do
do.
do

4 316
3 323
993
553 5

* .67
2

r

8

.72

3490
3345
3 146

1,098
852
246

.9

.4

.5

.5

.5

1.9

.67

.68

.66

.67

.72

.76

3, 743
2,730

49.6

38.8

43.0

2 531
1,861
670
34 6

1.52
1.49

1.59
1.51

1.57
1.50

1.55
1.52

* 1, 013

702
504
198

'915
704
f 211
7.4

6.1

1.51
1.48

1.4

.4

.7

.3

.84

.82

.83

.78

.75

90 8

282 9

2,012
1 515

1,755
1,393

78
63

127
39

244
171

281
258

303
302

161
130

67
110

160
68

100
47

84
78

117
47

270

82

228

280

136

249

188

184

42

79

102

82

112

6 605
4 818

6,497
4,438

330
373

269
423

110
335

44
220

95
291

1,049
267

1,672
401

1,482
547

472
429

367
373

349
428

240
294

139
323

1. 695
4 183
.085

1,748 ' 1, 177
306
3 828
.085
!085

931
188
.085

717
366
.085

504
499
.085

318
371
.085

745
231
.085

1,502
189
.085

1,950
438
.086

1,852
447
.087

1,748
220
.087

1,563
284
.086

1,461
199
.086

1,258
259
.086

.086

231 6
29 8
1.17

238 6
' 41.5
1.15

24.6
1.18

1.18

1.20

321.2
1.18

1.05

1.08

49.1
1.10

1.16

1.17

' 41.5
1.15

.118

.117

34.7
.114

.118

21,46
2
313
2 1, 147
1 27?

2 1, 378
2 260
2 1, 118
1 498

338

Stocks (domestic), end of period, total
do
1,53'
1,198
1,417
On farms
do
457
er
534
Offfarms
do
741
923
884
•• Revised, v Preliminary, i Less than 50 thousand pounds. 2 Crop estimate for the year.
3 Old crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye, and wheat; Oct. for corn).
* Average for Jan.-Sept.




r

1.26
1.26

314

466

381

1,064
3885
1,798
1,417
386
3307
673
534
678
1.126
884
3578
5
Average for Jan., April-Sept., and Dec.
6 Condensed milk reported with evaporated
to avoid disclosing operations of individual firms.
§Excludes pearl barley.
9 Bags of 100 IDS.

SURVEY OF CURRENT BUSINESS

S-28
1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1970

1970
Mar.

Annual

May 1971

Apr.

May

June

July

1971
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat— Continued
Exports, total, including
Wheat only

flour

_ _ _. mil. bu .
do

489.2
439.9

689.1
638.7

49.0
44.6

59.7
54.4

47.6
43.4

54.2
48.3

49.9
47.9

59.0
56.3

52.4
49.9

74.7
69.0

63.8
60.3

66.5
61 6

61.9
59 3

51.3
47 8

62.7
59 9

Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ per bu No. 2, hd. anddk. hd. winter (Kans. City). do
Weighted avg., 6 markets, all grades
do

1.80
1.48
1.75

1.91
1.54
1.79

1.88
1.49
1.73

1.91
1.54
1.75

1.89
1.53
1.75

1.93
1.45
1.76

1.92
1.42
1.71

1.86
1.54
1.80

1.93
1.62
1.87

1.95
1.60
1.88

1.97
1.63
1.89

1.92
1.63
1.84

1.91
1.65
1.82

1.90
1.65
1.80

1.82
1.62
1.77

253, 094
4 409
563, 395

21,347

20, 756

19,826

19,982

19, 991

21, 233

20, 707

20, 754

20, 894 '19 761

21 059

45, 834

44,500

44,126

22, 159
'393
49, 361

23, 364

47, 089

51, 708

46,161

46 147

46, 405

4,329
21, 596

4,237
1,860

2,238

1,837

4,227
2,523

863

1,164

4,438
1,074

2,438

1,537

4,329
2 104

6.179
5.569

6.088
5.525

6.100
5.513

6.075
5.513

6.113
5.513

6.125
5.525

6.125
5.525

6.275
5. 713

6.413
5.713

6.413
5.650

3,025
3,637
30, 793
30, 536
12, 715 i 11, 922

290
2,477

263
2, 545

210
2,615

231
2,642

927

220
2,493

232
2,538

983

971

264
2,723
1,010

266
2,752
1,233

29.03
30.10
38.17

30.72
33.36
43.50

30.32
32.40
42.50

78, 186
14, 871

6,415
1,182

23.65

22.11

20.4

17 8

Sheep and lambs:
10,070
Slaughter (federally inspected) thous. animals
i 2, 704
Receipts at 38 public markets
do
Price, wholesale, lambs, average (Omaha)*
$per 100 lb_. 28.53

Wheat flour:
Production:
Flour__. - _
thous. sacks (100 l b . ) . . 254, 094
Offal
thous. sh. tons
4 558
Grindings of wheat
thous. bu. 567, 956
Stocks held by mills, end of period
thous. sacks (100 l b . ) _ 4,595
Exports
_ _ __ do _ 21, 130
Prices, wholesale:
Spring, standard patent (Minneapolis)
$ per 100 lb-.
5.923
Winter, hard, 95% patent (Kans. City) ..do
5.438

372

352

347

353

350

373

44,700 '47,440

407

361

361

361

r

345

1.82
1.62
1.75

363

44 038

46 781

1 134

1 528

1 188

6.363
5.588

6.350
5.588

6.313
5.613

6.250
5.500

245
2 424
1 135

276
2 611

960

247
2 569
31 031

237
2 299
4
879
31 80
31.69
40.00

31.42
31.88
41.00

31.96
32.07
41.00

6,379
1 230

8,266
3 1, 479

3 1, 455

6. 238
5. 488

LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous animals
Cattle
do
Receipts at 38 public markets
do _
Prices, wholesale:
Beef steers (Omaha)*
$ per 100 lb
Steers, stocker and feeder (Kansas C i t y ) _ _ d o
Calves, vealers (Natl. Stockyards, 111.) --do
Hogs:
Slaughter (federally inspected) . thous. animals
Receipts at 38 public markets _
do.-_
Prices:
Wholesale, average, all grades (Sioux City)*
$per 100 lb._
Hog-corn price ratio (bu. of corn equal in value
to 100 lb. live hog)

1

299
2,681
3 1, 140 3 1, 032

997

927

29.26
31.36
42.00

29.96
30.84
40.00

30.53
29.52
40. 00

29.74
28.76
40.50

28.97
28.99
33.00

28.44
29.68
33.00

27 00
28.03
34.00

26 45
27.57
33.50

28 83
29.42
34.00

6,678
1,253

5,877
1,156

5,685
1,153

5,774
1,106

6,045
1,088

7,034
1,303

7,662
1,451

7,350
1 490

7,990
1 532

7,489
31 412

25.89

24.05

23.28

23.87

23.57

21.12

20.43

17.37

15.02

14.96

15.76

19.03

16.88

16.04

22.7

20.7

19.4

19.2

19.3

17.1

14.3

13.4

11 9

11 1

10 7

13 4

11.8

11.3

10 010
2 467

859
169

903
161

795
185

841
242

829
230

789
225

898
244

917
262

736
216

847
201

3178

27.43

28.75

26.00

29.00

29.50

28.38

27.12

26.75

26.75

25.38

23.88

33 369

i 34, 587

2,821

2,920

2,737

2,770

2,771

2,731

3,031

3 198

2 958

637
571

759
518

811
37
143

815
42
112

728
41
148

671
31
171

607
43
167

588
53
167

646
49
155

715
74
134

1,580

1,643

1,644

1,582

1,701

1,735

1 533

29.28
29.30
37.29
75, 682
15, 210

1

990

903

4

4

806

920

131

3 178

3 143

24.00

25.12

26.88

30.25

3 226

3 076

2,663

3 234

759
51
143

771
39

'749

« 133

41
112

792
49
151

1 685
'347

1 645

335
3
94

1,463
'313

1,693

3
102

4
72

308
5
99

MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in), inspected
slaughter _ _
mil lb
Stocks (excluding lard), cold storage, end of
period
_ mil. lb._
Exports (meat and meat preparations)
do
Imports (meat and meat preparations)
do __
Beef and veal:
Production, inspected slaughter .__ . do ...
Stocks, cold storage, end of period
do
Exports _
_
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
$ per lbLamb and mutton:
Production, inspected slaughter
.
mil. lb
Stocks, cold storage, end of period
. do
Pork (including lard), production, inspected
slaughter
mil lb
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 lb. average (New York) . do
Lard:
Production, inspected slaughter
mil lb
Stocks, dry and cold storage, end of period.. do
Exports
do
Price, wholesale, refined (Chicago)
$ per lb_.

' 744

1,685

1,844

33
175

18, 873

i 19, 496

1,594
'•391

1,616

380
3
94

327

3
99

317
3
122

.488

.499

.517

.505

.488

.473

.465

454

503

.539

.536

41
19

42
20

41
23

39
23

44
21

46
21

38
20

44
19

48
21

44
'20

49
22

1,255

1 116

1 085

1 086

1 111

1 286

1 417

1 383

1 497

1 383

1 157

1 491

1,045
329
4

936

897

905

924

304
4

255
5

1 066
210
11

1 174
246
9

1 143
304

1 249
336
5

1 153
353
4

978

1 226
'389
3

363
28

347
32

1 194

1 319

3
123

.492

.490

.512

.506

510
16

514
19

47
22

48
21

13 986

14 577

1 180

11 563
211
152

12 119
336
67

985

2

316
580

347
565

269
4

363
3
70

351
4

300
2
129

33

32

29

32

32

5
24

677

566

566

572

536

535

296
2
130

310
3
113

326
3
94

g

25

30

30

90

499

497

'344
4

27

29

528

36
513

.575

.569

.578

.562

.581

.623

.647

. 572

.560

.510

485
461

486
445

498
479

.530

!438

1 755

1 776
' 82

139
67
37

153
75
13

130
65
30

136
65
19

135
54
37
.160

129
85
40

.154

174
74
22

193

.153

176
59
37

166
91

.153

158
60
28

1 7ft

.160

132
66
38

.158

.163

.145

.130

.138

.155

70
262

.145

Dec

.160

.185

.165

82
42

Q

44

517

.150

POULTRY AND EGGS

Poultry:
Slaughter (commercial production)
mil. lb..
9,492 ' 10, 493
' 726
786
Stocks, cold storage (frozen), end of period, total
307
223
208
mil. lb_.
391
Turkeys _ _
do
192
219
101
82
Price, in Georgia producing area, live broilers
$ per lb._
.140
.125
.140
.125
r
Revised.
« Corrected.
1
Annual total reflects revisions not distributed to the months.
2
Beginning Jan. 1969. quotations are on carlot rather than l.c.l. basis as previously.




780

921

999

984

1,020

1,092

926

845

762

676

791

214
74

250
95

322
157

411
240

516
343

624
447

486
313

391
219

369
206

'330
r 174

290
141

.130

.120

.125

.120

.120

.a.

.120

.105

.125

.130

.130

4
3 Data are for 41 public markets.
Data are for 40 public markets.
*New series. Monthly data for earlier years will be shown later.

.125

May 1971

SURVEY OF CURRENT BUSINESS
1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

S-29
1971

1970

1970

Annual

Mar.

Apr.

May

June

July

Aug.

Oct.

Sept.

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

r

r

T

r

r

r

r

195 2

16 8

16.9

'16.1

' 16.3

16 4

«• 16 1

17 0

17.1

15.5

17.3

43

51
50

83
41

61
43

111
48

157
56

147
60

98
63

178
60

136
58

76
55

51
50

60
49

••53

98
54

.460

425

.480

374

.330

359

.415

.400

455

415

448

410

.372

OOrt

.331

Cocoa (cacao) beans:
Imports (incl shells)
thous Ig tons
Price, wholesale, Accra (New York)
$ per lb__

218.4
.458

279.2
'-.341

22.6
.336

24 0
.326

21.9
.286

14.9
.293

24.1
.310

21.3
.388

23 3
.378

26 7
.354

14 5
•-.354

25.4
.329

45.0
.309

22.8
.273

25.2
.279

Coffee (green):
Inventories (roasters', importers', dealers'), end
of period
thous bagscf
Roastings (green weight)
do

3 811
20, 851

2 593
20, 075

3 334
5,390

Imports, total
do
From Brazil
do
Price, wholesale, Santos, No. 4 (N.Y.)--$ per lb-_
Confectionery manufacturers' sales
mil $

20, 232
5,780
.408
1 848

19, 727
4,712
.557
1 841

1,716

1,639

1,644

1,616

1,355

1,713

1,597

1,382

2,002

291

822

.543
160

.538
124

.538
118

.538
125

.568
r
108

.570
138

.578
214

.588
192

.575
174

.550
157

.550
162

.550
••174

.480
161

mil Ib

275

306

196

192

201

229

263

298

310

313

312

306

275

246

208

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

4 300
6 350
1,501

4 710
6 675
1 497

169
399
95

150
645
155

128
530
148

74
103
155

111

139
515
138

720
708
226

1 043

992
367
120

2,218

64

118
693
144

664

1,113

315
143
42

412
119

10 804
10, 655
2 796

11 467
11 317
2 784

944
938

880
868

948
937

1 049
1,037
2 103

1,023
1,012
1,726

1,089
1,078
1,384

1 093
1 079
1 046

931
912

833
822

1 414

2 202

191.9
51

16 5

16.2

15.7

51

MISCELLANEOUS FOOD PRODUCTS

Fish:
Stocks cold stor&ge end of period

Deliveries total 9
For domestic consumption
Stocks raw and ref end of period

do
do
do

Exports, raw and refined
Imports:
Raw sugar total 9
From the Philippines
Refined sugar, total

sh tons

968

thous sh tons
do
do

4,776
1,024

Prices (New York):
Raw, wholesale
Reflned'.
Retail (incl N E New Jersev)
Wholesale (excl. excise tax).-.
Tea imports

124

r

323

2 671

3,487
5,143

333

2 636

323

2,424

1,891

595

1,550

357

468

2,537
5,210

2 593
5 190

3 461
4 352

224

367

387

509
112

.273

1,528

1

15
727
720

1,055
1,044
2 784

3,003

r

1,475

114

.450

718
706
2, 943

P 2,675

44

12

7,892

4,045

217

136

44

37

58

26

194

128

146

50

5 217
1 522

35

396
111
2

600
135
9

358
95
1

515
120
1

454
137
2

534
196
2

565
205
10

368
80
4

323
95
1

553
178
2

325
4
4

239
30
2

477
84
7

$ per lb-_

.078

.081

.079

.079

.082

.082

.082

.082

.081

.082

.080

.081

.084

.084

.084

.082

$ per 5 Ib
$ per lb-_

638
.107

674
.112

671
.109

669
.109

.671
.109

.677
.113

.680
.113

.682
.113

683
.114

678
. 114

680
.114

.677
.114

.680
.114

.679
.114

.117

.116

139 962

135 202

15 285

12 767

11,503

10, 972

8,940

8 778

10 805

11 971

10 409

12, 682

13. 226

12, 360

15, 073

3 480 5
138.7

3 587 6
132 9

314.5
114.7

303 1
140 8

294.6
134.2

293.8
155.4

256.9
150.1

308.2
140.0

298 2
127.0

316. 5
120.5

305.6
122.5

299.0
132.9

291.5
134.7

' 309. 2
' 130. 3

300.6
135.4

3, 143. 7
70.5

3, 389. 3
75 6

293.9
68.8

285.4
83 6

276.1
93.4

314.5
87.5

279.2
99.7

268.3
87.3

268.6
68.5

289.4
80.0

286.7
83.4

299.9
75.6

283.9
74.4

r 281. 7

'71.6

290.6
76.0

2 181 9
52 1

2 230 3
45 6

190.3
57 7

169 4
59 4

157.9
52.5

181.1
65.4

169.7
59.4

166.8
55.9

189.6
50 3

200. 7
52 3

187.2
50 4

216.7
45.6

212.9
50.4

189.0
59.4

193.1
57.8

.260

.289

.282

.290

.290

.290

.290

.290

.290

.294

.306

.306

.306

.306

.305

534 6
510 9
46 0

558 2
567 7
46 7

46 7
51 7
43 8

48 0
48 4
40 0

46 7
51.8
37.3

46.0
49.6
36.2

41.8
43.3
35.2

43.6
48.0
29.3

48 3
40 9
36 9

47.0
45.1
36.3

45 6
49 4
37 9

46.9
48.0
46.7

50.1
••51.5
47.0

'49.1
61.7
'37.7

51.7
52.5
36.7

4,655 0
2 595 2
348 0

4 876. 8
2 551 5
396 1

392.0
208 2
370 0

407.1
220 5
365 8

392.1
215.6
338.7

395.8
226.5
319.8

410.6
213.0
333.7

389.6
200.9
325. 0

419.5
216.3
369 5

423.2
209.2
348.3

401.5
208.8
392.2

446.6
220.5
396.1

422.7
218.0
423.5

' 385. 2
' 201. 4
r 349. 6

436.1
234.6
379.6

171.6
75 7
84 0

207.0
68 7
103 5

3.1

22.3

38.2

40.0

39.0

27.4

20.8

53
66 1

5 9
74 0

74.1

114.9

127.8

147.9

110.2

128.6

114.3

103.5

72.0

mil Ib
do
do

386 3
547 5
732 6

19 1
48 5
71 1
122 1
18*4

(d)
41.1
63.1
122 9
51.7

51.7
66.7
134 0
76.1

(•0

43.0
55.6
114 0
47.6

(d)

44.1
61.3
123 8
46.9

(d)
51.0
62.5
145 6
27.0

(d)
47.6
62.1
165 0
63.9

(d)
40.9
60.4
176 0
14. 1

(d)
44.6
63.6
202 9
12.3

(d)

424 6

0
6
9
2

14.2
44.4
63 4
138 3
30 3

(<*)

do

(d)
544
749
202
584

48.7
63.7
217 0
129.2

44.2
'60.9
r
180 9
41.7

50.6
68.7
179.9
52.9

474 0
440 9
449 6

43 9
41 5
39 9

42 1
32 6
31 4

44.5
35.9
34 2

41.3
38.9
39 9

38.5
34.3
37 5
68.1

37.4
35.3
35 3
fi3 5

34.0
34.6
38 0

42.0
42.3
43 3

40.1
36.9
36 4
51.3

34.7
39.1
40 4

38.0
39.6
39 5
36. 0

37.3
'31.9
••34 4

43.7
38.4
41.6
46.2

thous Ib

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 Ib
Consumption in end products
do
Stocks, end of period *f
do
Tallow and grease (except wool), inedible:
Production (quantities rendered)
do
Consumption in end products
do
Stocks, end of period f
do
Fish and marine mammal oils:
Production .
do
Consumption in end products
do
Stocks end of period *f
do
Vegetable oils and related products:
Coconut oil:
Production* Crude
Refined
Consumption in end products
Imports
Corn oil:
Production* Crude
Refined
Stocks, rmdft and rpf

do
do
«nH nf nprir^H

Hn

r

r

9Q5 g

465
438
t 441
•u

5
1
2
i

A3 9

.7

5Q Q

6.1

fi» 7

d
' Revised.
v Preliminary.
Data withheld to avoid disclosure of operations of individual firms.
i Less than 500 short tons.
G Cases of 30 dozen. tfBags of 132.276 Ib.
§Monthly data reflect cumulative revisions




74 9,

6.6

fi7 Q

5.8

5.0

6.0

fin i

r

5.7

FA 7

6.7
4.4

7.6
4.8

43 2

1.4
5.6

'.6
4.4
'62.7

(<•")

' 37. 1

.305

.5
4.9

60.2

00

for prior periods.
9 Includes data not shown separately: see also note " §".
AFor data
on lard, see p. S-28.
©Producers' and warehouse stocks.
UFactory and warehouse
stocks.

SURVEY 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

1969

!

1970

May 1971
1971

1970
i

Mar.

Annual

Apr.

May

June

Aug.

July

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS- Continued
Vegetable oils and related products— Continued
Cottonseed cake and meal:
2 001 4 1 725 8
Production
thou 55 sh tons
85.8
74.8
Stocks (at oil mills) end of period
do
Cottonseed oil:
1 425 8 1,211.4
Production* Crude
mil Ih
1, 252 0 1,019.2
Refined
do
932. 0
Consumption in end products
do
889 7
Stocks, crude and refined (factory and ware184.3
house) end of period
mil Ib
398.6
369.8
246 5
Exports (crude and refined)
do
.175
.142
Price, wholesale (drums; N.Y.)
$ per lb_.
Linseed oil:
Production crude (raw)
mil Ib
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of period
- mil. Ib
Price, wholesale (Minneapolis)
$ per lb_.
Soybean cake and meal:
Production
thous. sh. tons
Stocks (at oil mills) end of period
do
Soybean oil:
Production- 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..

197 7
146.0

144.2
148.4

103 1
161.0

74 1
140.7

46.6
98.0

38.0
65.1

45.2
39.3

194 1
54.2

219 2
82.9

218 2
85.8

215 8
103.2

' 202. 4
' 125> 5

192.4
136.7

140.2
129.9
90.9

102.8
96.6
90.8

73.2
77.7
78 2

53.1
67.6
80.6

33.1
42.5
63.0

26.6
27.1
63.0

30.5
27.6
65.8

134.3
71.6
77.3

153. 4
116.0
79 6

152.6
116.6
76.9

151.5
108.5
67.8

r 141. 2
'r108. 6
73. 6

133.9
120.4
69. 1

351.3
56.2
.175

325.1
24.0
.180

297.7
61.0
.184

252.2
12.2
.180

213.9
17.5
.180

158.1
88
.178

121.4
17.8
.167

140.1
12.0
.167

163.5
18 6
.180

184.3
36 7
.178

202.3
43.5
.183

' 224. 6 245.4
39.2
40.3
.195
.195

291 8
193 9

314.5
193.2

21.4
14.6

27.1
16.7

26.8
17.1

24.2
18.6

17.5
18.6

29.1
18.4

36.2
16.8

30.7
15.1

26.8
14.2

27.5
12.7

31.9
13.3

32.4
15.8

34.9
16.4

128 8
.120

148.5
.109

130.4
.110

133.9
.110

130.4
.122

128.7
.122

112.8
.110

117.1
.110

129.9
.100

134.9
.100

144.9
.100

148.5
.095

157.5
.095

r 170. 5

179.7
.090

1,429.4 1.238.4
170.8
106.8

1,530.2
139.8

1,507.5
158 2

1,560.4
112.2

14,716.5 17, 379. 2
112.2
103 2

1,445.4 1, 437. 2 1,549.2
130.9
202.0
125 4

1,461.6 1,441.3
130.2
179.3

.095

.193

.088

1,560.3 '•1,387.2 1,463.2
170.3 T 173. 6
138.5

6,804 7
5 860 0
5 9-18 2

8, 085. 9
6, 276. 3
6, 322. 7

671.3
566 4
554. 7

672.3
545.9
526.1

724.1
505.6
491.0

680.3
531.9
549.5

664.7
488.1
488.3

655.6
516. 5
513.7

563.8
491.9
524.3

729.8
534.5
548.2

705.6
514 5
519.9

727.7
538.8
552.3

724.8
543.5
534.7

' 653. 2
••511. 1
r
505. 8

688.0
556 9
533.2

517 2
761 1
.110

755.7
1,372.4
.133

560 7
151 7
.155

632.3
73.8
.146

715.8
81.1
.133

651.3
197.8
.128

638.3
136.0
.130

670.6
126. 7
.143

543.4
165.2
.137

562.3
103. 9
.161

717 6
52.7
.172

755.7
174.6
.163

751.8
112.0
.168

r

787 8
109.3
.144

746 4
156.0
.145

.135

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

1 1, 804

1 1, 906

4,940
579,106
213, 402

5,006
510, 325
235, 428

' 4, 822
41,111 38, 280
18, 303 19, 109

39, 927
16, 474

42, 307
17, 776

34, 699
20, 388

29 555
23, 556

' 4. 650
46, 766
15, 364

53, 650
21, 982

72 845
33, 652

5,006
62 477
14, 673

39 336
20, 362

32 303
17 142

52 352
17 252

Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
Taxable
Cigars (large), taxable
.. ..
Exports, cigarettes

47, 263
510, 532
6,744
24, 970

51,166
532, 764
6,701
29, 147

4,843
40, 588
527
2,608

4,053
42, 549
631
2,838

5,744
46, 646
557
3,120

5,031
44, 165
540
2, 766

3,685
47, 119
588
2,309

4 292
47, 245
593
2,188

3,926
50, 665
653
2,656

3 423
44 026
581
2 034

4,138
41, 196
495
2 352

3,620
45, 634
510
2 357

3 466
42, 518
505
2 198

2 381

millions
- do
_do. .
.
do

4,619
45, 038
544
2,374

r 4, 419

LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9
_
thous. $
Calf and kip skins
._ _ _ thous. skins Cattle hides
thous. hides

152, 446
1,652
14, 778

145, 200
1,316
15, 222

15, 280
115
1,586

11, 967
134
1,179

12, 794
105
1,250

13, 799
96
1,395

10, 836
85
1, 159

10 151
64
1 123

10, 952
124
1,235

11,205
131
1 196

11 523
116
1 247

11 619
176
1 258

11 642
137
1 207

11 985
168
1 251

14 933
189
1 611

Imports:
Value, total 9
Sheep and lamb skins
Goat and kid skins

62, 400
2 20 716
2 5 068

51, 300
18, 701
30, 028

6,600
2 993
701

5,700
1,847
192

5,400
2 450
316

4 000
1 438
153

4,500
1 294
174

4,500
2 172
102

2,800
849
36

2 800
863
20

3 500
1 242
65

3 000
934
45

3 100
832
79

3 800
1 548
179

6 200
2 879
180

Prices, wholesale, f o.b shipping point:
Calfskins, packer, heavy, 9H/15 Ib
$ per lb_.
Hides, steer, heavy, native, over 53 lb_. _ _do

.561
146

.331
.129

.300
.128

.375
.141

.375
.134

.275
.134

.320
.123

.350
.135

.320
.130

.320
.131

.320
.131

.315
.110

.300
.104

.300
.115

.275
.115

LEATHER
Production:
Calf and whole kip
thous. skins
Cattle hide and side kip
thous. hides and kips_ .
Goat and kid
thous. skins
Sheep and lamb _.
_ _. __
___ ,do__

3,381
22, 030
5 856
25, 242

268
2 717
' r 20, 353 1,814
3 979
445
T
1,866
23, 598

240
1,874
418
2,070

258
1,815
404
2,054

267
1,791
413
2,038

135
r 1, 318
240
1,747

184

188
204
1,949

163
1,660
143
1 803

124
1,631
162
1 820

79, 365

6,312

6,396

8,316

6,742

109.5

r H4 0

114.9

114.9

114 9

99.7

84.3

89.1

90.2

86.5

576, 961

559 233

50, 179

48, 560

463, 388
100, 943
8,993
3,637

441
107
9
3

206
562
490
305

40 509
8 866
848
166

38 721
9 312
811
210

2 154

195

166

thous $
thous pieces
do

Exports:
Upper and lining leather

thous. sq. ft. . 2 65. 802

Prices, wholesale, f.o.b. tannery:
Sole, bends, light
index, 1967=100
Upper, chrome calf, B and C grades
index, 1967=100..
LEATHER MANUFACTURES
Shoes and slippers:
Production, total J
_thous pairs
Shoes, sandals, and play shoes, except athletic J
thous pairs
Slipperst
do
Athletic i
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, 1967=100..
Women's oxfords, elk side upper, Goodyear
welt
....index, 1967=100..
Women's pumps, low-medium quality. ..do
r
2

2,324

260
2, 145

244
1 989

215
1,784
225
2,117

213
' 1, 585
202
2 013

6,306

6,165

5,870

6,300

5,661

8,117

6,557

6,457

7,784

113 4

113 4

113 4

113 4

113 4

113 4

113 4

111 8

111 8

111 8

116 4

82.7

82.7

82.7

80.6

80.6

80.6

80.2

80.2

79.4

79.4

82.7

46, 285

47 939

42 875

47 340

47 722

48 969

40 895

43 409

44 864

44 954

35 957
9 742
791
197

36 848
10 534
807
196

34 187
8 316
534
155

36 870
9 345
832
293

36 188
10 209
838
487

36 714
10' 868
935
452

30 749
8 953
802
391

35 395
6 738
827
449

36 709
6 889
752
504

36 162
7 457
806
529

161

172

139

156

219

213

192

198

141

248

r 1, 622
r

r

1,681

r 1, 701

175

108.9

113.3

112.4

112.9

112.9

112.9

112.9

112.9

114.6

114.6

114.6

114.6

116.7

116.7

117.1

117.1

111.9
111.0

116.2
117.1

116.4
116.0

116.4
119.4

116.4
117.4

116.4
117.4

116.4
117.5

116.4
117.5

116.4
117.5

116.4
117.5

116.4
117.5

116.4
117.5

118.9
121.2

120.2
121.2

120.2
121.2

120.2
121.2

Revised.
i Crop estimate for the year.
Annual total reflects revisions not distributed to the monthly data.




186

.300
.158

9 Includes data for items not shown separately.
{Revisions for Jan. 1968-Aug. 1969 will be shown later.

SURVEY OF CURRENT BUSINESS

May 1971
1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1970

Annual

s-31

1970
Mar.

Apr.

May

June

July

1971

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

LUMBER AND PRODUCTS
LUMBER— ALL TYPES 9 5
National Forest Products Association:
Production, total
mil bd ft
Hardwoods
do
Softwoods
.. do _
Shipments, total
Hardwoods
Softwoods
_ _ _

_

37 943
8 468
29, 481

36 603
7,964
28, 639

3 164
709
2,455

3,203
695
2,508

3,080
647
2,433

2,967
622
2,345

3,004
648
2,356

3,045
626
2,419

3,104
641
2,463

3,201
681
2,520

2,733
587
2,146

2,639
535
2,104

2,794
571
2,223

2,983
537
2,446

-do
do
do .

37, 615
8,676
28, 943

35, 596
7,078
28, 518

3 015
587
2,428

3,128
559
2,569

2,942
558
2,384

3,042
524
2,518

2,930
497
2,433

3,044
572
2,472

3,059
587
2,472

3,140
657
2,483

2,694
574
2,120

2,632
511
2,121

2,738
566
2,172

3,075
582
2,493

do
do
do

5,332
630
4 704

6,363
1 516
4 847

5,921
837
5 024

5,996
973
5 023

6,137
1 065
5,072

6,061
1,165
4,896

6,141
1,322
4,819

6,713
1,389
4,784

6,235
1,460
4,775

6,288
1,476
4,812

6,233
1,395
4,838

6,363
1,516
4,847

6,428
1,529
4,899

6,277
1,484
4,793

1, 158
6, 263

r 1, 266
6,095

104
488

••111
535

91
572

'129
562

93
478

119
540

139
553

97
533

99
514

103
422

80
505

87
473

mil. bd ft
do

7,844
486

7 994
457

732
462

811
562

542
453

715
406

697
466

676
435

633
395

741
445

605
424

623
457

778
593

702
630

do _
do
do

8,218
8,179
1,010

8 071
8 023
1 058

749
744
1 099

684
711
1 072

693
651
1 114

694
762
1 046

627
637
1 036

690
707
1,037

693
673
1,057

692
691
1,058

637
626
1,069

579
590
1,058

635
642
1,051

684
665
1,070

28
7
21

29
9
21

.

.__

Stocks (gross), mill, end of period, total
Hardwoods
Softwoods
Exports, total sawmill products
Imports, total sawmill products

do___
do ..

1
1

91
683

SOFTWOODS^
Douglas fir:
Orders new
Orders unfilled end of period
Production
___
._
Shipments
Stocks (gross) , mill, end of period

Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
S p e r M bd. ft..
Flooring, C and better, F. G., I" x 4", R. L.
$ p e r M bd. ft..
Southern pine:
Orders new
Orders, unfilled, end of period

380
87
'292

37
11
27

31
5
26

23
6
17

53
13
40

21
5
16

32
7
25

21
5
16

31
9
22

27
7
20

44
10
35

113. 52

92.22

90.66

92.06

92.68

90.80

90.33

93.00

95.04

94.27

92.85

90.68

212. 59

226. 76

225. 69

225. 69

225. 69

225. 69

225. 69

227. 32

228. 14

228. 14

229. 65

7,336
324

7 721
373

646
366

721
402

627
369

651
361

702
364

670
374

671
383

680
351

607
333

660
373

744
431

802
484

7,645
7,434

7 700
7 672

695
607

666
685

663
660

622
659

647
699

627
660

650
652

720
712

641
625

641
620

670
686

739
749

mil. bd. ft
do

Production
do
Shipments
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.
1967 = 100..
Flooring, B and better, F. G., 1" x 4", S. L.
1967=100..
Western pine:
Orders new
Orders unfilled end of period

mil bd ft
do

Production
Shipments

do
do

Stocks (gross) milt end of period
do
Price, wholesale, Ponderosa, boards, No. 3, I" x
12", R. L. (6' and over)
$ per M bd. ft

r

359
88
271

Exports, total sawmill products. _._ _
do._.
Sawed timber
do
Boards, planks, scantlings, etc
_ .- do

1

1 348

1 376

75 687

78 418

127.5

107.9

119.8

122.9

9 593
364

9 341
334

9,999
9 768

9 378
9 371

1 627

1 634

2

35
8
27

91. 45

98.65

110. 95

111. 50

226. 54 2228.10

228. 10

228. 10

228. 10

1 465

1 428

1 376

1 343

1 331

1 339

1,355

1,376

1,360

1,350

CC1

8 096

8 169

6 481

5 099

5 557

5 100

6,405

5 638

4,785

4,887

104.7

106.2

106.8

105.4

105.4

106. 1

109.8

112.7

110.7

109.7

112.7

119.8

124.5

127.1

121.9

121.9

123.3

123.3

123.3

123.3

123.3

123.9

123.9

123.3

125.0

127.8

129.6

131.3

833
356

947
445

807
410

887
379

812
354

646
307

688
334

746
445

778
424

638
635

740
799

84.94

101. 21

1 481
5

Q77

1 462
9

OQ-I

796
7Q4.

1

797

•34f\

802

QCC

819

768
896

850
858

850
842

900
918

860
837

684
693

646
661

1 791

t 7-11

1 653

1 645

1 653

1 635

1,658

1,649

1 634

1 637

1,578

75.64

74.90

72.36

75.01

850

107. 18

83.79

82 45

82 95

90 14

94.14

88.00

82.39

81.31

78.54

380.6
12 0

304 4
q i

28 3
10 8

31 2

22 3

25 3

7

31 1
10 3

27 9
10 7

25 6
9 3

23.6
7g

19.7
7 0

26.6
91

25.5
9 7

24.5
10 5

393. 1
387.8
29 6

315 2
306 7
33 3

24 6
26 6
35 2

27 1
29 0
32 9

26 2
26 1
34 1

26 9
30 0
29 4

27 8
27 5
29 6

20 0
27 4
31 2

28 3
25.2
33 6

22 2
20.5
35 5

23 9
24.7
33 3

23.2
23.8
32.8

24.5
23.8
33.5

6,232

HARDWOOD FLOORING

Oak:
Orders new

mil bd ft

Production
Shipments
Stocks (gross) mill end of period

do
do
do

too

9

A

25 93

26
32 i

8

METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous. sh. tons..
Scrap
do..._
Pig iron
do

i5,229
9,176
44

7,053
10,365
310

781
2

809
935
6

Imports:
Steel mill products..
Scrap
Pig iron

14,034
412
417

13,364
346
266

859
32
3

962
23
26

do_
do_
do..

916
•1,300
45

651
989
54

635
1,045
2

566
918
43

832
20

379
722
18

355
781
18

299
730
43

254
641
1

199
460

186
472
3

1,082
33
22

1,134
33
33

1,111
27
20

1,277
23

1,334
31
26

1,714
35
14

1,347
29
49

1,305
28

1,230
18
5

1,254
24
7

4,522
2,987
7,430
6,360

4,363 4,377
3,982 J 2,608
6,841
6,657 6,828

4,450
2,705
6,984
7,008

4,269
2,940
6,814
7,346

3,817
2,519
6,157
7,585

4,079
2,541
6,542
7,668

Iron and Steel Scrap
Production
Receipts, net J
Consumption
Stocks, end of period

thous. sh. tonsdo-._
do-._
do...

56,287 Ji 52,464
36, 929 33,889
94,816 i 85,188
1
6, 552
7,668

4,719 i 4,636
3,255 ! 3,092
7,888 ; 7,705
6,427
6,448

4,463
2,863
7,519
6,268

•4,491
-2,664 p3,358
' 7, 512 p8,474
'8,048 p 7,747

Prices, steel scrap, No. 1 heavy melting:
36.26
40.14
34.98 39.62
35.51
Composite (5 markets)
$perlg. ton..
39.18
42.36
41.78
29.76
40.52
43.17
40.17
40.72
44.57
42.21
37.00
39.00
40.75
41.50
Pittsburgh district
do...__
38. 50 ! 38.00
42. 50
44.00
32.00
39.00
40.50
45.00
42.00
42.00
44.50 1 44.00
r
Revised.
» Preliminary.
* Annual data; monthly revisions are not available.
corresponding monthly revisions are available for 1968 and 1969 only.
2
j Receipts previously shown for the period Apr. 1967-Sept. 1969 have been corrected to
Beginning Jan. 1971, data reflect changes in size specifications, and are not comparable
represent net receipts (i.e., less scrap shipped, transferred, or otherwise disposed of during the
with those for earlier periods.
3 Less than 5oO tons.
9 Totals include data for types of lumber not shown separately.
period); data comparable with the net receipts shown through Mar. 1967 appear in the Feb.
1970 SURVEY, p. S-31.
IfData for orders, production, shipments, and stocks have been revised back to 1962;




SURVEY OF CURRENT BUSINESS

S-32
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

| 1970

Annual

May 1971

Mar.

Apr.

May

June

July

1971
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued

Ore
Iron ore (operations in all U.S. districts):
Mine production
thous. Ig. tons_. 88,260
Shipments from mines
do
i 90, 581
Imports
.
do
40, 758
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
do
Consumption at iron and steel plants
do _ _ .
Exports
_ do
Stocks, total, end of period
At mines __ _ _
. _
At furnace yards _ _
At U.S. docks

do
_ _ _ _ do
_ .
__do
do

Manganese (mn. content), general imports. __ do

126, 165
128, 550
5,430
i 67, 441
i 13, 790
51,003
2,648

1,124

1 89,836
1 89,057
44, 876

5,788
2,318
1,936

6,633
5,348
2,944

9,264
10, 299
3,806

9,520
10,763
5,487

9,651
11,698
5,193

9,382
12, 003
5,368

8,899
10, 952
5,222

8,260
9,658
3,818

5,991
6,815
3,448

5,961
3,966
3,158

5,350
2,137
1,954

5,228
2,168
878

3,678

125, 107
123, 261
5,494

4,561
10, 788
197

7,542
10, 378
339

14, 483
10, 934
433

15,033
10,497
627

15, 533
10, 327
700

15, 407
10, 279
629

14, 483
10, 056
667

12, 593
10, 200
561

9,582
9,607
423

8,020
10, 173
271

4,050
10, 609
239

4,220
9,946
98

4,880
11, 495
373

70, 488 ' 56, 624 54, 945
14,304 22, 265 23, 576
52, 781 ' 32, 555 29,750
3,403
1,804
1,619

57, 616
22, 538
33, 308
1,770

61, 143
21,297
37,844
2,002

64,578
19, 251
43,050
2,277

67, 506
16, 629
48, 178
2,699

70, 325
14, 615
52, 604
3,106

71, 757
13, 223
54. 997
3,537

71,012
12, 416
54, 938
3,658

70, 488
14, 304
52, 781
3,403

66, 820
17, 529
46, 182
3,109

64,198
21, 084
40,477
2,637

33, 860
1,666

54

49

74

8,518

990

41

56

34

47

102

149

81

117

98

115

95, 017
91, 502
i 94, 635 i 90, 068
i 1, 723
2,082

8,059
7,947
1,685

7,790
7,652
1,712

8,122
7,897
1,787

7,874
7,735
1,804

7,618
7,417
1,924

7,578
7,415
1,929

7,414
7,402
1,814

7,527
7,499
1,833

7,233
7,074
1,856

7,557
7,440
2,082

7,804
' 7, 552
' 1, 928

7,378
7,198
2,127

63.78
64.00
64.33

69.33
69.26
70.33

66.78
65.50
69.00

68.20
68.50
69.00

68.20
68.50
69.00

68.20
68.50
69.00

68.20
67.92
69.00

68.20
67.92
69.00

72.65
73.33
74.50

73.70
73.33
74.50

73.70
73.33
74.50

73.70
73.33
74.50

73.70
73.33
74.50

73.70
73.33
74.50

1,091
15, 933
9,185

888
13, 946
8,173

1,054
1,271
726

1,061
1,272
739

1,046
1,256
723

1,019
1,291
758

978
1,084
669

969
1,139
694

911
1,150
685

843
1,087
662

826
929
550

888
1,047
594

964
' 1, 140
'643

967
1,129
633

117
1,172
672

78
852
521

104
80
45

94
83
47

94
78
44

90
77
45

100
61
41

94
68
42

91
63
44

72
58
42

90
53
38

78
73
43

'78
'75
'42

72
71
35

131, 327
103.2

11, 886
110.0

11, 386
108.9

11,574
107.1

11,323
108.3

10,781
99.8

10, 765
99.6

10, 727
102.6

10, 699
99.0

10, 009
95.7

10, 438
96.6

321
1,726
1,417

433
160
131

433
158
126

421
154
124

411
158
128

381
129
108

378
123
101

334
137
116

318
146
123

316
124
102

321
141
116

8,244

7,039

8,190

8,517

7,759

7,511

7,767

6,867

6,119

6,949

7,509

7,562

9,026

792
538
738
167

724
496
631
156

729
500
714
156

780
543
737
143

586
534
685
119

470
472
631
100

526
490
632
90

601
505
608
105

501
457
592
123

496
456
654
160

434
569
807
129

403
632
969
136

530
541
835
175

1,173
668
408
90
824
263
445
2,327
907
919

1,305
735
436
127
679
275
582
3,249
1,087
1,359

1,388
758
472
149
691
282
605
3,350
1,141
1,362

1,249
651
469
123
657
254
603
3,071
1,077
1,240

1,262
676
456
123
661
263
663
2,988
993
1,229

1,156
625
403
121
638
255
1,151
2,831
973
1,120

1,149
607
424
112
605
250
419
2,625
880
1,060

1,041
541
399
95
515
200
345
2,345
771
963

1,135
644
387
98
582
211
391
2,864
931
1,248

1,173
732
322
113
593
230
583
2,992
946
1,318

1,240
783
334
117
569
207
419
2,987
956
1,296

1,592
1,008
431
147
730
248
551
3,823
1,216
1,673

Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous. sh. tons
Consumption
_
do
Stocks, end of period
do
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

73.33
74.50

73.33
74.50

Steel, Raw and Semifinished
Steel (raw):
Production
thous sh tons 1 141, 262
Index
_
daily average 1967— 100
111.0
Steel castings:
Orders, unfilled, for sale, end of period
thous. sh. tons._
446
Shipments, total ...
do
1,897
For sale, total
do
1,580

11,274 ' 10,874 ' 12,645
117.0
104.3 '111.4
334
'129
' 106

335
136
112

Steel Mill Products
Steel products, net shipments:
Total (all grades)
thous sh tons 193,877 i 90, 798
By product:
Semifinished products
do
6,373
7,387
Structural shapes (heavy), steel piling.. ..do _ _
6,244
6,060
Plates
do
8,065
8,238
Rails and accessories
do
1,514
1,590
Bars and tool steel, total
do
Bars: Hot rolled (incl. light shapes)
do
Reinforcing
do
Cold
finished
do
Pipe and tubing
do
Wire and wire products
do
Tin mill products. .
do
Sheets and strip (incl. electrical), total. .. do
Sheets: Hot rolled do
Cold rolled
do

14, 354
8,659
3,659
1,923
9,232
3,256
6,555
38, 111
12, 471
16, 427

14, 577
8,107
4,891
1,490
7,778
2,998
7,243
35, 101
12, 319
14, 250

1,349
759
428
152
734
285
446
3,195
1,261
1,214

do
do
do
do

i 17, 565
1 11, 402
i 4, 768
1 18, 276

117,591
1 10, 652
i 4, 440
114,475

4,454
2,541
1,123
3,853

4 470
2,818
1,103
3,844

4,502
2,794
1,193
3,830

4,206
2,523
1,028
2,966

2 1, 407
2790
2375
2 1, 597

2 1, 419
2840
2448
2 1, 547

2 1, 615
2945
2487
2 2, 130

Rail transportation .
do
Machinery, industrial equip., tools
do
Containers, packaging, ship, materials... do
Other
do

i 3, 344
i 5, 690
i 7, 145
i 25, 687

i 3, 098
i 5, 169
i 7, 775
127,597

918
1,513
2,173
7,759

880
1,355
1,757
7,520

609
1,212
2,536
6,362

696
1,097
1,324
6,095

2278
2446
2643
2 1, 973

2332
2496
2485
2 1, 995

2319
2541
2 616
2 2, 372

9.8
69.3
70.0

9.4
67.1
67.5

9.9
5.8
6.1

9.4
5.7
5.5

9.6
5.5
5.3

'9.7
'5.7
5.6

plO.5

By market (quarterly shipments):
Service centers and distributors
Construction, incl. maintenance
Contractors' products .
Automotive
.

Steel mill products, inventories, end of period:
Consumers' (manufacturers only) ..mil. sh. tons
Receipts during period
do
Consumption during period
do
Service centers (warehouses)
do
Producing mills:
In process (ingots, semifinished etc )
do
Finished (sheets, plates, bars, pipe, etc.). do....
Steel (carbon), finished, comnositfi nri™
'2 Revised.
* Preliminary.
For month shown.




1

* ™»r lh

9.1
5.7
6.5

9.1
6.0
6.0

8.9
6.1
6.3

9.2
5.6
5.3

9.5
5.5
5.2

9.7
5.5
5.3

9.5
4.8
5.0

9.2
4.3
4.6

6.3

7.2

6.1

6.3

6.1

6.1

6.2

6.6

6.5

6.5

6.5

7.2

'6.9

"6.9

11.7
10.2

12.8
10.5

11.5
9.4

11.7
10.3

12.1
10.1

12.1
9.7

11.7
9.5

11.9
9.5

11.9
9.2

12.1
9.7

12.8
10.0

12.8
10.5

13.5
10.5

12.9
'11.0

in9n

nofis

OQ74

0074

inSfi

105fi

105fi

1062

. 1062

.1069

10fi2

.1062

OQ17

Annual data: monthly revisions are not available.

P12.4

NOTE FOR LEAD STOCKS, P. S-33: «[ Decrease from Dec. 31 stocks reflects correction
for one large consumer. End-of-month stocks as published for Sept. 1968-Dec. 1970 were
erroneously increased about 2,500 tons per month. Revised Dec. 31, 1970 stocks comparable
with Jan. 31, 1971 stocks, 117,700 tons.
_ ,
NOTE FOR ZINC PRICE, P. S-33: cfEffective Jan. 1971, the price represents a flat
quotation, delivered basis, for all domestic sales (the former East St. Louis base price has
been discontinued); comparable delivered price for Dec. 1970,15.5 cents per pound.

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1969

1970

Annual

S-33

1970
Mar.

Apr.

May

June

July

1971
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thotis. sh. tons
Recovery from scrap (aluminum content) _.do--Imports (general):
Metal and alloys, crude
Plates, sheets, etc. - - Exports metal and alloys, crude

do _
- __do _
do

Price, primary ingot, 99.5% minimum— .$ per lb..
Aluminum products:
Shipments:
Ingot and mill prod (net ship.)§
Mill products total §
Plate and sheets
CastingsA
-

mil. Ib
do
do
do

Inventories, total (ingot, mill prod., and scrap),
end of period*
mil. Ib
Copper:
Production:
Mine recoverable copper
thous sh tons
Refinery primary
do
From domestic ores
do
From foreign ores
do
Secondary recovered as refined
do
Imports (general):
Refined unrefined scrap (copper cont ) do
Refined
do
Exports:
Refined and scrap
do
Refined
do

3,1 793. 1 3, 976. 1
835.0
978. 0

338.8
76.0

329.0
78.0

341.4
71.0

326.8
73.0

339.3
71.0

330.9
65.0

323.0
68.0

334.6
68.0

327.0
60.0

345.2
70.0

331.9
62.0

304.3
67.0

338.8

468.6
57.2
344.4

350.2
78.7
408.5

33.3
8.9
43.1

32.6
6.6
36.0

31.9
7.0
41.5

30.4
7.0
41.1

31.8
6.2
35.2

21.7
5.3
14.1

20.0
5.6
26.9

23.7
5.2
26.9

21.1
5.5
15.9

28.1
5.4
28.0

34.3
6.1
15.8

29.1
5.0
14 3

44.7
6.0
11.0

.2718

.2872

.2800

.2859

. 2900

.2900

.2900

.2900

.2900

.2900

.2900

.2900

.2900

.2900

.2900

10,717.5 19,941.9
7, 666. 3 1 7, 386. 2
3 726 8 3, 688. 6
1, 698. 1 1, 506. 7

934.8
683.5
348.9
146.5

856.6
631.9
318.2
136.7

871.8
653.5
327.2
134.6

883.6
661.1
338.9
135.9

758.3
592.1
296.7
114.4

786.1
605.5
309. 8
118.1

824.5
637.9
334.7
117.4

808.9
614.6
298.0
114.3

713.4
541.1
260.2
99.7

812.8 r 770. 6
584.4 ' 584. 6
297.2 ' 292. 2
121.3 ' 121. 3

775 7
575 2
280 4
130 3

4,387

3,839

3,899

3,942

3,932

4,040

4,101

4,102

4,144

4,279

4,387

4 507

1, 544. 6 1, 705. 8
1, 742. 8 1, 765. 1
1, 468. 9 1, 521. 2
273.9
243.9
465.6
475.0

144.3
157.2
136.8
20.3
47.2

141.7
150.9
127.6
23.2
45.0

152.1
148.2
128.2
20.0
43.1

148.5
140.9
117.6
23.3
41.5

137.0
148.3
130.4
18.0
41.1

144.6
138.7
119.3
19.4
34.6

139.5
130.5
114.2
16.3
35.9

148.6
149.3
127 3
22.0
37.3

138.7
143.0
122.8
20.2
35. 1

139.1
170.2
144.8
25.4
39.2

3,785

'4,469

137.8 ' 129 6 138.9
148.5
170.5
142 3
129.9
144 8
124 3
18.6
25.7
18 1
37.0
33.9
31 0

415.1
131.1

394.2
132.1

25.8
10.0

34.0
6.8

32.7
9.8

32.1
10.6

35.2
10.1

30.5
11.0

45.5
18.8

36.0
13.6

37.1
13.4

35.0
9.5

27.2
12.1

32 7
86

26.1
9.9

286.2
200.3

348.9
222.0

27.3
18.8

32.5
24.0

33.0
26.2

22.2
17.1

25.2
15.0

27.8
17.5

24.8
13.6

35.2
17.4

32.5
15.6

33.0
18.2

34.6
22.9

27 g
18 7

38.6
26.3

2, 145. 0
Consumption, refined (by mills, etc.)
do
170.3
Stocks, refined, end of period
do
124.4
Fabricators'
do
Price, electrolytic (wirebars), dom., deliveredt
.4793
$ per lb-_

2, 048. 9
348. 5
187.9

200.8
179.3
111.9

185.9
177.1
118.9

188.5
183.8
118.6

180.8
175.6
121.9

123.2
230.3
173.4

166.9
225.8
170.9

177.6
227.0
166.3

164.4
248.7
168.5

153.3
306. 9
171.3

150.8 v 149. 4 r> igg 3
348.5 ^373.3 j>385 g
187.9 p 200. 0 p2ll 3

P 187. 6
P 385. 1
p 220. 8

2 *. 583

.565

.598

.602

.602

.601

.601

.601

.590

.561

.5152

.5035

.5055

3,111
2,524
853

2,513
2,313
751

708
599
214

509.0
i 603. 9

578.7
590.4

52.4
50.4

49.7
53.1

51.3
46.8

47.4
50.3

46.3
45.4

48.0
48.4

48.6
48.2

46.5
53.5

48.5
49.6

45.3
52.3

'45.3
46.4

42 3
48.1

389.6
1,389.4

357.1
1, 339. 1

32.6
118.7

26.7
115.9

36.7
115.9

23.8
114.0

30.1
99.9

25.4
108.8

31.4
111.8

35.1
113.5

23.5
102.3

27.5
113.2

34.1
113.6

22 1
109.6

165.7

179.4

157. 1

163 3

155.1

146.9

151 7

152.8

162 2

179.0

178.2

179.4

179.5

177.6

1

25.7
i 156. 4

97.7
188.4

36.6
169.0

47.1
167 6

53.2
165.7

63.1
172.0

78.9
175.9

87.1
174.8

86.2
178.8

90.5
178.8

93.2
183.1

97.7
188.4

98.5
6 113. 1

96.2
108.0

173.6
.1490

67.9
.1562

73.0
.1650

67 5
.1650

72.3
.1650

67.1
.1650

75 5
.1568

74.0
.1510

73.4
.1452

67.2
.1450

68.3
.1450

67.9
.1414

'67.6
.1350

65.3
.1350

.1350

0
3,398
1 385

1,633
1,723
1,600
225
5,635
4,100

591
5,693
1 730
215
6,240
4,565

487
3,114
1 770
250
5,860
4,440

0
3,810
1,580
275
5,515
4 110

507
5,523
1 610
275
5,690
4,315

0
3,659
1,590
205
5,830
4,500

0
1,635

0
4,703

5,660
4,160

102
83
10. 700 11,705
1. 7451 1. 7474

1,233
11 965
1. 7365

233
11 690
1. 7225

796
11,105
1. 6385

74
10, 000
1.6164

305
8,970
1. 6286

Copper-base mill and foundry products, shipments
(quarterly total):
Brass mill products
mil Ib
Brass and bronze foundry products

do

Lead:
Production:
Mine recoverable lead
thous sh tons
Recovered from scrap (lead cont.)
do
Imports (general) or° (lead cont ) metal
Consumption total

do
do

Stocks, end of period:
Producers', ore, base bullion, and in process
(lead content) ABMS
thous sh tons
Refiners' (primary), refined and antimonial
(lead content)
thous sh. tons
1
Consumers' (lead content) cf
do
Scrap (lead-base, purchased), all smelters
(gross weight)
thous sh tons
Price, common grade (N.Y.)
$ perlb__

703
637
200

Ig tons
do
do
do
do
do

0
54, 950
i 22, 775
i 3, 022
1 80, 790
1 57, 730

4,667
50, 554
1 20, 105
3,085
i 73, 122
i 53, 012

0
4,707
1 840
285
6,760
4 680

0
3,818
1 785
230
6,595
4 665

384
4,543
1 855
330
6,505
4,560

1,065
6,134
1 255
250
6,580
4,780

5,885
4 425

Exports, incl. reexports (metal)
Stocks, pig (industrial) end of period
Price, pig, Straits (N.Y.), prompt

do
do
$ per Ib

3,217
13, 824
1. 6444

4,966
11, 105
1. 7414

327
12 680
..7712

81
11 765
1. 8388

91
11 810
1.8054

92
12 865
1. 7023

673
11 330
1. 6477

Zinc:
Mine prod., recoverable zinc
Imports (general):
Ores (zinc content)
Metal (slab blocks)

553.1

546.8

48 8

48.3

45.6

46.4

47 0

46.4

43 5

43.2

43.4

43.4

'41.6

41.9

do
do

602.1
324.7

525.8
270.4

56 6
21.3

39 5
22.3

43.7
25.0

42.9
16.4

44 2
20.7

56.9
16.0

42.1
19.4

31.5
32.1

33.0
18.9

45.5
30.9

37.4
17.9

33.3
14.5

do
do

i 126. 7
i 302. 1

118.4
226.8

12 8
19 8

11 1
19.8

10.3
18.6

9.0
19.4

8.2
18.4

11.5
18.0

10.7
18.2

8.8
19.0

9.1
18.9

7.6
19.0

8.0
18.7

8.9
18.5

886 "
74 *•
1,164. (.

85 4
69
"00 0
.1

80 7
53
99 4
0

77.0
6.8
99.1

70 7
6.1
102.2

71 7
53
90 9

65.3
6.6
100.4

68 8
7 0
100 5

66.7
7.8
97.8

65.2
6.4
88.8

(3)

(3)

70.9
5.1
93.6
.1

71.6
6.9
96.4
'4.8

69.2
5.6
99.3
2.2

thous sh tons

Consumption (recoverable zinc content):
O res
Scrap, all types

Slab zinc:
Production (primary smelter), from domestic
and foreign ores
thous sh tons il 041.9
!69. 3
Secondary (redistilled) production
do
1 1, 368. 3
Consumption fabricators'
do
9.3
Exports
do
Stocks, end of period:
J67.7
Producers', at smelter (AZI)O
do
i 100. 5
Consumers'
do
.1460
Price, Prime Western (East St. Louis) _$ per lb--

(3)

134.9
122.2
131.7
127.
8^
79 8
77.3
75 9
.1550
.1550
.153.1550
'2 Revised.
p Preliminary.
i Annual data; monthly
revisions are not available.
4
Average for Feb.-Dec. " 3 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.
s See note d". bottom of p. S-32.
« See note f, p. S-32.
§ Revised monthly data (1968-69) are available.
ARevised data (1966-68) are in the Apr. 1970 SURVEY.
*New series. Source, U.S. Dept.




225

(3)

(3)

(3)

(3)

.5283

551
526
171

551
551
166

Tin:
Imports (for consumption) :
Ore (tin content)
Bars, pigs, etc
Recovery from scrap total (tin cont )
As metal
Consumption, total
Primary

.531

.2900

21.7

.1350

570
1. 6701 1. 6888

37.5
29.1

1.7

128.3
84.3
119.8
99.4
118.6
127.3
132.0
113.6
117.2
112.8
125.7
80.4
88.2 '80.0
81.5
79.0
81.8
83.4
79.0
84.8
. 1500 s . 1500 s . 1500 s. 1507 5 . 1550
.1500
.1500
.1550
.1533
.1500
.1550
of Commerce; monthly data back to Jan. 1967 are available.
tPrices shown are averages of delivered prices; average differential between the delivered
and the refinery price is 0.400 cents per Ib. through 1969, and 0.500 cents thereafter.
cf Consumers' and secondary smelters' lead stocks in refinery shapes and in copper-base
scrap. See note "V p. S-32.
©Producers' stocks elsewhere, end of Apr. 1971, 28,800 tons.

SUKVEY OF CURRENT BUSINESS

S-34
1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1971

1970

j 1970

Annual

May 1971

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

METALS AND MANUFACTURES—Continued
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and convectors, shipments:
Cast iron
mil so ft radiation
Oil burners:
Shipments

i7.0
78.5

Stoves, domestic heating, shipments, total — do
Gas
do
Warm-air furnaces (forced-air and gravity air-flow),
shipments total
thous
Gas
do
\Vater heaters gas shipments
do

.3

.4

.4

.4

46.6

47.7

64.8

77.0

87.3

62.9

174.0
13.1

227.6
14.1

172.4
11.2

201.9
10.6

236.1
14.9

217.1
13.8

185.7
13.6

72.6
47.6

79.6
52.0

89.2
65.5

125.0
92.0

147.1
109.8

157.6
112.7

201.4
146.8

127.3
95.9

72.6
44.1

135. 5
111.6
235.1

120.2
97.9
242.7

128.9
105.8
232.5

148.2
119.9
264.8

158.6
125.1
234.7

162.7
121.5
235.7

203.0
150.0
226.7

215.5
160.7
254.4

186.4
132.5
201.1

161.6
120.1
201.8

155.6

164.5

419.2

230.1

92.4

76.0

58.4

132.3

319.6

16.3

99.0

'88.5
*43. 9

30.1
3.0
11.3

.2
4.5

.2
4.1

647.0

44.1

34.8

36.6

2,324.5 22,156.7
198.7 2 146. 3

208.3
15.7

187.9
12.6

1, 286. 9
887.4

76.6
51.4

1 1,868. 6 1, 904. 4
il, 546.6 1, 481. 0
2, 784. 6 2, 789. 0

109.4
113.1
16.4
58.3

» 523. 8
H2.2

thous

Ranges, gas, domestic cooking (incl. free -standing,
set-in, high-oven ranges, and built-in oven
broilers) , shipments
- - .. - . thous
Top burner sections (4-burnerequiv.), ship. ..do

.3
3.9

.4
4.6

1

1

1,494.8
11,043.2

49.3

MACHINERY AND EQUIPMENT
Foundry

equipment (new), new orders, net
mo. avg. shipments 1967=100-.
Furnaces (industrial) and ovens, etc., new orders
1
"E ! t
ci, qua, te ly luidj.
n i . $__
F

1 fi prt (

f

h ~t

IV

t

li

r\

Material handling equipment (industrial):
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. .

mil $
do
do
do
do
do
do
do
do
do

Other machinery and equip., qtrly. shipments:
Tractors used in construction:
Tracklaying, total
mil $
Wheel (contractors' off-highway)
do
Tractor shovel loaders (integral units only),
wheel and tracklaying types
mil $
Tractors, wheel (excl. garden and contractors'
off-highway types)
mil $
Farm machines and equipment (selected types),
excl. tractors .
._
mil $

!8.1

22 5
2.7
12 3

129.8

118.9

12 5
g
5.8

23 1
18
15 0

124.8

103.3

104.1

89.4

104.3

106.3

101.6

99.1

110.5

121.2

88.5

'93.9

103.1

14, 579
14, 903

13,816
14, 811

1,218
1,573

1, 150
1,057

1,529
1,237

1,273
1,377

1,125
1,433

688
846

1,093
1,183

1,318
1,019

1,063
1,194

1,054
1,265

973
972

890
1,044

1,161
1,470

50, 446

41, 194

3,846

3,416

3,636

3,855

3,533

2,346

3,685

3,114

2,873

3,112

3,637

3,485

4,890

1,195.30
1,032.65
1, 192. 45
1, 077. 45
812.4

651. 30
506. 75
992. 90
827. 35
470.7

75. 95
60.00
98.20
82.50
764.1

59.20
46.30
83.05
69.15
740.2

52.75
41.60
97.10
82.55
695.9

61.85
44. 05
100.60
84.50
657.1

62.70
47.70
74.90
61.30
644.9

34.20
23.45
62.15
47.75
616.9

44.15
35.75
83.35
67.00
577.7

36.70
28.65
70.95
60.40
543.4

29.00
21.00
55.80
45.70
516.6

39.70
26.95
85.60
67.50
470.7

36.75
27.30
57.65
43.50
449.8

39.00
' 31. 70
' 59. 40
' 47. 65
'429.4

42.50
36.20
64.00
51.20
407.9

533. 45
484. 35
405. 10
369. 30
382.8

261. 25
226. 60
450. 15
411. 60
234.8

20.35
17.00
40.95
38.20
376.7

27.20
25.55
34.75
32.20
369.1

16.25
15.20
46.10
43.40
339.3

14.40
12.85
41.20
36.20
312.5

14.75
12.30
38.75
36.25
288.5

12.50
8.95
30.40
28.15
270.6

23.85
22.25
31.40
28.90
263.1

38.35
36.25
35.25
33. 15
266.2

9.85
8.80
35.35
30.75
240.7

29.75
19.10
35.70
32.15
234.8

17.45
15.90
31.15
29.00
221.1

'20.10
' 16. 95
' 31. 50
'28.30
'209.7

20.55
18.60
28.90
27.40
201.4

* 475. 6
179.1

482.0
7 158. 6

133.2
736.5

125.3
51.5

121 7
45.7

101.7
724.8

3 51.6

347.1

128.3

346.0

370.1

3,480

' 2, 892

2,355

97.3

610.2

583.4

162.4

153.1

139.5

878.6

857.1

248.4

230.8

178 2

199.7

1,151.6

1, 178. 7

333.6

304.8

284.6

255.7

ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments$._thous_- 35, 510
Household electrical appliances:
Ranges, incl. built-ins, shipments (manufacturers'), domestic and export _ thous
2,342. 3
Refrigerators and home freezers, output
181.0
1957-59=100
7, 133. 7
Vacuum cleaners, sales billed
thous
Washers, sales (dom. and export) cf
do
4, 378. 5
Dryers (gas and electric), sales (domestic and
3, 022. 5
export)
.
thous
Radio sets, production©
do
Television sets (incl. combination), prod.O do
Electron tubes and semiconductors (excl. receiving,
power, and spec, purpose tubes), sales
mil $
Motors and generators:
New orders, index, qtrly
1947-49=100
New orders (gross):
Polyphase induction motors, 1-200 hp
mil. $ _
D.C. motors and generators, 1-200 hp
do

- 37, 863 r e 2, 523

'2,065

' 1, 955

' 2, 298

' 2, 949

^3,056

'4,306

'4,017

' 3, 928

' 3, 865

2, 361. 6

' 210. 5

205.5

200.2

221.6

238.4

193.7

225. 5

225.9

203.3

174.8

170.0

178.8

224.4

195.8
7, 381 . 7
4, 093. 3

219.5
645. 1
394.6

227.2
561.5
332.6

221.4
531.7
321.6

227.4
589.2
382.9

238.3
513.3
337.7

152.1
667.9
356.4

202.7
758.0
387.6

226.4
722.5
399.6

175.7
650.2
348.5

132.8
541.0
289.1

' 172. 9
546.0
351.2

199.9
698.7
328.8

237.5
653.1
369.8

303.4

2, 980. 9

278.8

197.5

173.6

203.4

198.5

278.7

335.9

359.3

288.1

243. 3

273.6

216.4

250.7

182.4

20, 549
11, 270

16, 406
9,483

* 1, 632
<895

1,322
509

1,292 < 1, 651
531
*823

975
534

1,480
779

* 1, 585
< 1, 054

1,285
965

1,119 4 1, 458
945
±962

1,449
719

1,428
811

* 1,864
* 1, 016

1,498
867

770.7

643.1

63.8

58.1

56.4

46.9

49.3

56.3

47.1

41.6

40.8

44.4

217

202

215

5109.3
51.9

5 102. 5
47.4

59.7
6.0

53.2

206

39.4
3.6

•8.1
3.4

«8.6
4.7

42.7

201

59.9
3.8

57.5
4.0

58.4
3.0

46.4
184

58.2
3.5

57.6
3.1

S8.2
3.8

57.7
3.6

57.6
3.3

58.4
3. 6

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
f
Production
thous. sh. tons
10 473 i 9 481
'794
761
766
Exports
do
627
22
789
57
51
Price, wholesale, chestnut, f.o.b. car at mine
$persh. ton.. 15. 100
16. 565 16. 346 16. 346 15. 758
Bituminous:
Production
thous. sh. tons.. 560. 505 '596. 485 51. 685 50. 125 48. 630
'2 Revised.
* Annual data; monthly revisions are not available.
Total for 11 months.
3 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 1970 totaled
$106.5 mil.; 1971—Mar., $7.7 mil.
6 Revised Jan. and Feb. 1970 (thous.): 3,738; 3,162.
7
Excludes figures for rubber-tired dozers (included for other periods).
fSee corresponding




811
43

710
110

901
79

858
135

872
100

791
78

790
80

722
17

652
16

920
69

15. 758

15. 954

15. 954

16. 640

16. 993

18. 169

18. 169

18. 365

18. 365

18. 365

18.365

49. 380 39. 365 52. 445 53. 745 55. 265 50. 635 52. 455 50. 100 '46.900 57. 275
note, p. S-35.
d* Re vised to exclude combination washer-dryers.
t Revised series. Data
reflect adjustment to 1967 Census of Manufactures; monthly revisions (1957-69) are available.
ORadio production coniDrises table, portable battery, auto, and clock models; television
sets cover monochrome and color units.

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1970

1969

Annual

S-35

1970
Mar.

Apr.

May

June

July

1971

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

PETROLEUM, COAL, AND PRODUCTS—Continued
C O AL— Continued
Bituminous— Continued
Industrial consumption and retail deliveries,
total 9
__thous. sh. tons
Electric power utilities
do
Mfg and mining industries, total
do
Coke plants (oven and beehive)
do

507, 275
308, 461
185, 835
92, 901

520,815
320, 461
189, 703
97, 487

44, 067
26, 668
16, 502
8, 582

40, 761
24, 170
16, 113
8,354

Retail deliveries to other consumers.. _ _ _ d o - _ -

12,666

10, 353

894

450

450

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 -

80, 482
60, 597
19,701
8,962

71, 285

49, 549

52, 060

8,924

8,390

8,678

56, 234

70, 908

5,309

6.052
7.487

7,641
9,647

710
64,014
20, 574

3,120
3,020
99
1,040
1,629

Retail dealers

do__.

Exports
do
Prices, wholesale:
Screenings, indust. use, f.o.b. mine
$ per sh. ton_Domestic, large sizes, f.o.b. mine
do
COKE
Production:
Beehive
._
Oven (byproduct) _ _ _ _.
Petroleum coke§
Stocks, end of period:
Oven-coke plants, total_ .
At furnace plants..
At merchant plants _.
Petroleum coke
Exports

thous. sh. tons.
do do
do _
do-._
do__
do ._
do

_

40, 461 41, 142
24, 118 25, 625
15, 853 15, 058
8,315
8,626

44,233
27, 522
16, 241
7,956

43, 440
28, 458
14, 385
7,928

41,713
26, 424
14, 386
7,917

42, 465
25, 254
16, 057
8,317

43, 813
26,453
16, 245
8,068

48, 036
29, 481
17, 436
8,296

49, 199
30, 804
19, 395
8,239

420

430

560

866

1,117

1,088

1,109

1,000

55, 619

57, 383

54,825

55, 654

59, 685

66, 087

69, 681

71, 285

68, 643

9,093

9,235

6,517

6,719

7,112

8,180

8,674

8,924

8,489

6, 057

6,059

7,210

6,269

5,532

6,520

7,267

5,633

6,725

4,250

4,302

4,261

7.037
8.529

7.758
8.864

7.819
8.950

8.224
9.193

8,280
9.521

8.424
8.858
9.736 c 10.057

9.747
10. 921

9.747
11. 533

9.747
11. 533

9.747
11. 658

9.316
11. 658

9.316
11. 658

••814
65, 654
21, 074

64
5,978
1,696

63
5,807
1,834

59
5,966
1,728

72
5, 749
1,929

69
5,442
1,929

65
5,368
1,818

66
5,425
1,799

61
5,680
1,755

68
5, 537
1,743

68
59
5,672 '5,647
1,845
1,803

60
5,054

4,113
4,018
95
1.059
2,514

3,088
3,025
63
1,077
141

3,100
3,043
55
1,132
212

3,121
3, 063
58
966
195

2,954
2,907
47
966
149

3,006
2,952
54
1,038
244

2,963
2,914
49
1,051
268

3,057
3,019
37
1,094
286

3,433
3,388
46
1,081
288

3,777
3,691
86
1,036
269

4,113 ' 4, 241 4,054
4,018 ' 4, 149 3,994
92
95
60
1,059
1,089
220
171
142

13, 020
3.23
3, 967. 5
91

1,041
3.21
335.9
93

925
3.21
318.4
91

1,047
3.21
324.0
87

1,142
3.21
326.2
90

1,129
3.21
335.5
90

912
3.21
341.7
92

1,234
3.21
330.3
92

986
3.21
336.6
90

882
3.21
330.6
92

1,454
3.41
346.7
93

184

9.810
11. 200

199

PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Oklahoma)
Runs to stills
Refinery operating ratio

number-- 2 14, 368
3.18
$ per bbLmil. bbL_ 3, 879. 6
% of capacity
92

All oils, supply, demand, and stocks:
New supply, totald"
Production:
Crude petroleum . ...
Natural-gas plnnt liquids
Imports:
Crude and unfinished oils
Refined products

2

846
3.41
344.9
93

896
3.41
312.4

mil. bbl

5,111.8

5,382. 4

470.5

436.8

436.3

430.9

436.4

441.9

440.9

461.2

451.4

482.1

464.4

422.9

do
do

3, 371. 8
584.5

3, 515. 5
619.5

294.5
52.3

287.6
50.0

295.2
51.8

280.7
51.0

284.9
51.9

296.2
52.4

295.5
50.5

310.5
53.0

301.1
52.9

308.1
54.8

301.5
53.6

274.4
49.4

. do
do

552.9
602.7

522. 6
724.8

50.3
73.3

38.1
61.1

40.7
48.5

44.1
55.1

42.0
57.6

39.0
54.3

43.3
51.6

39.5
58.1

40.6
56.9

53.0
66.3

37.8
71.5

40.2
58.9

1,227
3.41

Change in stocks, all oils (decrease,—).

do ...

-17.4

37.7

-1.0

17.3

28.1

16.3

3.1

11.8

27.0

15.6

17.9

-37.4

-36.6

Demand, total
Exports:
Crude petroleum
Refined products
_ _
Domestic demand, total 9
Gasoline
Kerosene

do

5, 126. 6

5, 337. 5

472.4

419.4

407.1

415.0

431.3

427.2

414.2

443.7

433.5

505.0

504.8

457.7

do
do
do
do
do

1.4
83.4
5, 041. 8
2, 042. 5
100.4

5.0
89.3
5, 243. 3
2, 131. 2
96.0

.1
7.2
465.1
173.4
8.9

.1
7.6
411.7
171.3
5.4

7.8
399.3
183.6
5.0

.3
7.5
407.3
187.4
4.3

.1
8.3
422 9
195^2
5.0

0)
6.4
420.8
190.4
4.8

0
8.1
406.0
179.8
5.5

2.0
7.7
434.1
184.7
7.5

1.6
6.3
425.6
168.4
8.7

.7
8.4
495.8
182.0
12.3

0
6.1
498.6
164.6
13.4

(0
6.7
450.9
154.6
12.7

do
do .
do

900.3
721.9
361. 7

927.2
804.3
350.9

95.8
87.3
28.2

74.2
63.6
27.2

60.3
51.3
27.7

52.6
58.2
28.1

50.3
59.2
31.2

52.9
61.2
30.8

58.6
50.7
31.1

69.9
58.9
30.0

78.6
61.7
28.7

110.0
80.4
30.5

125.3
85.1
28.8

107.6
73.7
29.8

do
do
do

48.8
143.3
445.6

49.7
153.5
454.7

4.1
6.3
38.9

4.4
10.0
32.2

4.0
14.3
29.0

4.7
18.8
29.8

4.2
21.3
31.9

4.0
20.6
32.2

4.3
18.8
33.2

4.5
15.9
39.6

4.1
10.6
43.9

4.0
7.8
47.6

3.6
4.8
52.5

3.7
4.9
44.7

do
do
do
do

980.1
265.2
103.5
611.4

1, 017. 9
276.4
106.0
635.5

906.2
274.6
107.8
523.7

923.4
278.0
112.5
532.9

951.6
284.8
115.0
551.8

967.9
279.9
115.5
572.5

971.0
266.9
113.8
590.4

982.8 1, 009. 8 1, 025. 4 1, 043. 3 1,017.9
259.2
254.1
276.4
271.3
265.5
113.1
106.9
106.0
109.0
107.6
615.6
643.7
635.5
652.3
663.0

980.4
269.8
101 9
609.4

943.8
266.9
97 2
579.8

do
do
do

2, 028. 2
2.4
217.4

2, 105. 3
1.4
214.3

173.4
.2
240.8

164.3
.1
235.7

172.5
.1
226.4

173.8
.1
214.9

180.6
.2
201.9

183.0
.1
196.4

180.8
.1
199.3

177.7
.1
194.5

175.6
.1
204.0

190.2
.1
214.3

185.2
.1
237.0

.3
250.5

.123

.120

.118

.118

.130

.130

.125

.113

.254

.241

.238

Distillate fuel oil
Residual fuel oil
Jet fuel
__ __ _
Lubricants
Asphalt. _
Liquefied gases

_._
__

Stocks, end of period, total
._
Crude petro'oum _ _
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-.116
.110
.119
.110
.133
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal-.239
.248
.256
.249
.246
Aviation gasoline:
Production
mil. bbl
26.5
19.7
1.6
1.6
1.6
Exports
do
1.7
.1
.1
.9
.1
Stocks, end of period
.
do
6.2
5.4
5.1
5.1
5.6
Kerosene:
Production
do
102.9
7.0
7.5
9.5
95.7
Stocks, end of period
do
26.8
22.9
18.5
20.8
27.8
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gal _ _
.111
.111
.118
.118
.111
T
Revised.
c Corrected.
1
Less than 50 thousand barrels.
2 Reflects revisions not a vailable I y montl" s.
tf Includes small amounts of "other hydrocarbo ns and h ydrogen •efinery input," not
shown separately.
9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke.




-25.5

.115

.120

.256

.238

.230

.246

.237

.265

.256

1.3
.1
4.7

2.0
.1
5.1

1.9
0)
4.7

1.9
.1
4.7

1.6
.1
4.6

1.8
0)
5.0

1.7
.1
5.1

1.4
.1
4.9

2
5^2

7.4
26.3

6.3
27.7

6.5
29.6

6.2
30.3

8.2
31.0

9.2
31.5

8.5
27.8

9.5
23.9

19.7

.110

.127
.121
.119
.123
.12J
.122
.122
.122
.122
.122
NO PE F01R MAT1ERIAL HAND!LING I NDEX (p. S-34 ): fRevised serie s. Index
(exparided to c over new orders r eported I)y memb ers of He)ist Mfrs. Institut e and Ra ck Mfrs.
Institiite) is b ased on composi ;e figures represe nting 81C70 of that portiori of the business
covere d by th 3 combin ation of 8 matenal hand! ing assoc iations. Monthly data for 1968-69
are in the Apr. 1971 SUEIVEY. p. S-35.
.120

SURVEY OF CURRENT BUSINESS

S-36
1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS

1970

Annual

May 1971

1970
Mar.

Apr.

May

June

July

1971
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 gaLResidual fuel oil:
Production
mil. bbl
Imports
do
Exports
do _
Stocks end of period
do
Price, wholesale (Okla., No. 6)
$ per bbL-

848.4
50.9
1.1
171.7

897.1
53.9
.9
195.3

77.7
7.6
.1
101.0

70.8

4.6
.1

70.8

3.4
.1

72.3

1.9
(2)

102.1

115.8

137.5

73.5

2.8

74.8

73.4

.2
163.5

2.8
()

188.2

2.8
.1
205.7

2

76.7

4.0
.1
216.4

75.3

5.1
()

80.9

80.5

6.7
.1

8.1
.3

5.5
2

218.1

195.3

158.7

128.7

2

.101

.108

.101

.101

.108

.110

112

.112

.112

.112

.112

.109

.113

.113

265.9
461.6
16.9
58.4
1.48

257.5
557.8
19.8
54.0
2.25

23.6
58.5
1.1
40.3
2.00

19.8
47.3

17.7
36.8

17.0
43.6

17.7
44.7

20.7
41.7

19.9
39.1

20.0
42.9

22.2
41.8

28.9
49.0

31.3
53.8

42.6

42.8
2.00

44.7
2.00

46.0
2.00

47.9
2.40

48.1
2.60

54.0
2.60

57.1
2.60

58.8
2.60

54.0
2.60

53.9
2.60

48.9
2.35

321.7
28.1

301.9
27.6

26.4
27.2

24.5
29.2

23.7
29.4

24.9
30.9

26.9
30.0

26.6
30.6

25.9
30.2

26.0
30.8

24.6
30.1

24.5
27.6

25.9
27.6

27.0

65.1
16.4
14.1

66.2
16.0
14.7

5.5
1.7
14.1

5.6
1.3

5.3
1.2

13.8

14.1

13.6

5.5
1.7

5.7
1.2

5.6
1.5

13.3

14.0

5.8
1.1

13.7

13.6

14.2

14 7

.270

.270

.270

.270

.270

.270

.270

.270

.270

.270

.270

.270

mil. bbl
do

135.7
16.8

146.7
15.8

q o

24.8

10.8
25.8

13.0
24.9

14.5
21.3

16.1
17.3

16.5
14.0

15.6
11.6

15.0
11.1

12.3
13.2

10.1
15.8

19.7

22.7

Liquefied cases (incl. 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

502.0
378 5
123 5
59.6

532.9
406.9
126.0
67.0

45.3
34 8
10.6
37.6

43.3
32.9
10.5
43.5

44.9
34.1
10.8
54.6

43.6
33.0
10.6
63.2

44.6
33.3
11.2
70.0

43.8
33 4
10.5
76.4

43.0
32.9
10.1
80.6

45.2
35 1
10.1
79.8

45.3
35.2
10.1
74.6

47.4
36.8
10.5
67.0

46.2
35.8
10.4
54.7

48.0

84 430 T 82 785
34, 670
34, 707
49, 723 ' 48, 115

5 143
2,350
2,793

6 340
2,662
3, 679

7 895
2,924
4,970

8,504
3,377
5,127

8 792
3,562
5,230

8 384
3', 511
4,874

8 452
3,486
4,966

8 699
3,533
5,166

7 450
3,167
4,283

6 291
2,824
3,467

5 300
2,247
3,052

251
334
836

20
24
61

25
22
73

20
31
75

23
39
78

29
39
84

21
35
82

18
37
75

21
34
78

17
30
68

21
24
66

18
21
57

21
23
81

16
25
81

Jet fuel
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 and tar products, shipments:
Roll roofing and cap sheet
Shingles, all types
Asphalt siding
Insulated siding
Saturated felts

do
do

364
346
920

do
do
thous sh tons

1.4

5.4
1.3

1.8

1.3

1.7

1.2

2.8

5.6
1.1

1.2

1.0

.5

2.6

5.9
1.4

5.3
1.2
15.2

.111

.117

2.35

2.35

.270

.270

1.4

1.3

15.2
.270

8.2

6,395
' 8, 137
' 3, 248 2,647
' 4, 888 3,748

PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks, end of period
Waste paper:
Consumption
Stocks, end of period

1

65 053
i 65 017
4 788

65, 209
64, 571
5,873

5, 813
5,593
4,715

5,611
5,536
4,811

5,449
5,548
4,745

5,591
5,478
4,892

5 531
5,251
5, 193

5,565
5,439
5,417

5,537
5,147
5,813

5 645
5 670
5,912

5.112
5,340
5,716

5,038
4,942
5,873

5,073
5,487
5,589

4,984
5,207
5,406

5,318
5,484
5,249

i jo 222

10 590

571

868
569

872
563

832
552

854
556

743
591

829
564

832
571

868
571

801
562

762
571

T 814
••528

787
505

893
502

43 416
l' 676
29 221
2 308

41 805
1 716
28, 320
2 308

3,587
145
2,445
201

3,579
142
2,431
208

3 624

3 475

3 352

3 547

3 304

3 656

3,345
139
2,240
172

do
do

4 358
1 594
3 508

362
131
303

366
134
298

Stocks, end of period:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills

4 437
1 875
3 898

do
do
do
do

796
230
469
99

861
386
405
69

823
275
474
74

Exports, all grades, total
Dissolving and special alpha
All other

do
do
do

i 2, 103
i 744
i 1 359

!3 755
1869
12 886

Imports, all grades total
Dissolving and special aloha
All other __

do
do
do

14 040
i 298
13 743

13538
13 265

do
do
do

23 505
26 022
' 148
4

thous cords (128 cu ft )
do
do

WOODPULP
Production:
Total all grades
Dissolving and special alpha
Sulfate
Sulfite

thous sh tons
do

thous sh tons
do
do
do

Groundwood
Defibrated or exploded

'eos

155
2,475
197

3,496
146
2,367
187

3 201

128
2,246
177

176

3,600
146
2,408
225

378
135
286

348
131
275

378
141
310

363
133
300

361
130
284

380
141
300

361
136
296

919
359
490
70

904
376
460
67

821
326
427
68

872
401
405
66

885
420
396
68

861
386
405
69

'913

69

927
491
369
67

387
78

269
96
173

273
65
208

325
80
245

247
52
195

954
86
868

244
70
174

318
77
241

187
62
124

180
59
122

236
88
148

296
23
273

309
15
293

292
13
280

270
21
249

256
30
226

111
27
250

289
24
265

297
27
270

263
30
233

'248

25
223

341
30
311

4 624
2 053
2 198

4 469
1,944
2,160

12
366

4 092
1 762
1,959

4 584
2 014
2 169

16
385

14
333

3 979
1,790
1,851

15
361

4 330
1 882
2 074

4 265
1,864
2,054

12
353

4 J24
1^790
1,956

14
359

4 380
1 898
2 106

13
325

14
353

4,239
1,867
2,001
14
357

4,679
2,023
2,227
17
412

108.4
102 1
101.6

108.4
101 8
101.5

108.4
100 5
101.5

108.4
100 5
101.4

108.4
100 5
101.3

108.4
100 9
101.0

112.1
102 3
100.9

112.1
99 5
100.9

112.1
99.5
100.3

112.0
99.3
100.1

112.0
101.3
100.4

112.0
102.5
101.4

160
2,447
203

120

2,371

203

140
2,268
181

144
2,409
194

374
134
305

357
133
291

359
134
269

832
299
459
74

868
348
450
71

867
340
459
68

224
80
145

254
81
173

243
^0
193

348
25
323

304
24
280

50 01 A
22 975
24 943
'l58
4 1 *}^

4 532
2,047
2,142

109.5
101 1
101.2

108.4
109 1
101.1

1 97^

143

2,107

462

'383

PAPEP AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
KA

Paper..
Paperboard _
Wet-machine board

f)KQ

QQX

New orders (American Paper Institute):
All grades, paper and board
do
Wholesale price indexes:
Book paper, A grade
1967=100.Paper board
do
Building paper and board
do
'Revised.

p

Preliminary.




11
332

14
360

16
356

r

4 521
' 2, 005

r 2, 149

53 754

104.5
99 4
105.7

1
Reported annual total; revisions not allocated to the months,
barrels.

112.0
103.0
101.7

2 Less than 50 thousand

SURVEY OF CURRENT BUSINESS

May 1971
1969

Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1989 edition of BUSINESS STATISTICS

1970

1970

Annual

S-37

Mar.

Apr.

May

June

July

1971

Aug

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Selected types of paper (API):J
Groundwood paper, uncoated:
Orders new
thous. sh. tons. . 1,171
107
Orders, unfilled, end of period
do
1,123
Shipments do
Coated paper:
3,230
Orders new
-.do
200
Orders, unfilled, end of period
do
3,313
Shipments
do
Book paper, uncoated:
2,515
Orders new
..do. .
2,588
Shipments
- do
Writing and related papers:
2,952
Orders new
do —
2,898
Shipments
do. .
Unbleached kraft packaging and industrial converting papers:
3,922
Orders new
..do
189
Orders unfilled end of period.
do.. .
3,866
Shipments
-- ..do._ _
3,602
Tissue paper, production
do~ ..
Newsprint:
Canada:
Production
Shipments from mills
Stocks at mills, end of period

' 1, 171
'81
' 1, 170

114
117
96

93
119
93

104
115
101

94
94
102

117
117
99

86
81
105

93
81
94

'91
'71
'102

' 3, 148
' 182
3,237

••287
'246
'290

'280
'232
'285

'258
'221
'272

'264
'224
'269

'260
'227
'263

'258
'213
'269

'244
'200
'267

' 270
'209
' 270

r 260

' 2, 500
' 2, 572

'213
'223

'207
'218

' 208
' 214

' 209
' 214

' 217
' 209

r

208
' 211

' 203
' 209

221
225

r 212

' 2, 775
' 2, 820

'243
'254

'252
' 247

'236
' 240

r 227

' 227

'208
' 218

'226
' 228

'231
' 231

' 245
' 246

' 219
' 222

' 3, 756

'362
187
355
305

'329
140
325
313

'314
110
309
314

'297
121
294
312

'280
115
281
304

'303
127
299
328

'314
142
315
285

'322
131
' 318
312

r 310
298

r 110

' 3, 739
' 3, 671

'94
' 79
'98

'99
' 81
' 100

J>92
P75
*>98

J>82
?66
»81

' 250
'204

' 218
' 182
' 257

P283
p247
P279

p241
"227
P25Q

r 194
r 197

?234
p214

P
216
P

' 226

P246
P253

P23Q
P997

' 289
283

P302
pH7
p300
z>324

P292
j>116
j>290
p300

' 205

r 126
r 3Qg

r 223

r 290
r HO

200

8,758
8,741
220

8,607
8,592
236

750
704
402

752
701
452

715
716
451

671
734
388

698
673
412

694
670
436

649
683
402

760
800
362

766
802
326

712
802
236

695
629
303

662
583
382

711
683
410

3,232
3,233
27

3,310
3,303
33

273
278
51

274
274
51

290
277
65

289
285
69

272
266
75

289
277
87

243
258
72

292
295
69

283
287
65

267
298
33

294
262
66

266
244
88

289
309
67

Consumption by publishersd"__
_do _ . .
Stocks at and in transit to publishers, end of
period
thous. sh. tons

7,344

7,130

617

624

643

582

544

559

581

626

645

608

544

528

597

699

749

710

704

654

683

693

712

708

717

682

749

745

731

753

Imports
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh, ton

6,790

6,635

568

563

535

541

539

484

544

565

554

700

c«>7

440

570

146. 10

150. 50

150 50

150. 50

150 50

150 50

150 50

150. 50

150 50

150 50

150 50

150 50

1 PO 70

1 M 70

153 70

479
939
507

349
742
489

515
805
'506

512
749
'516

493
691
'489

451
723
'444

492
711
'490

467
732
'469

490
748
'497

492
729
'501

349
742
'442

'454
'644
'488

••184,425 ' 15,479 ' 15 552 '15,046 ' 15 072' 15 888' 15 370' 16 488' 17 153' 14,490 ' 11,290

14, 347

- do
do^
do

United States:
Production
_. _
Shipments from mills
Stocks at mills end of period

_ - ._ do
do
do _

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

'185,760

thous. sh. tons 2, 627. 0 '2, 490. o
mil$_. 1,229.0 '1, 225. 0

Folding paper boxes *_

497
770
' 518

' 225. 4 ' 209. 5
' 109. 5 ' 101. 4

'515
' 719
'506
14, 211

199.4 ' 209 2 ' 202 1 ' 202. 8 ' 210. 2 ' 227 0 ' 190. 1 ' 206. 8 ' 196. 7 ' 191. 0
98.3 ' 104. 2 ' 100. 2 ' 101. 3 ' 103. 9
112.5 '94.4 ' 101. 8 99.0 '97.1

158 10

'518
r 758
r 514

14 283

216.0
108.8

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. Ig. tons
« 598. 27
Stocks, end of period.- - _ _ _ _
_.do .. 106. 49
585. 28
Imports, incl. latex and guayule
do

536. 57
99.64
549. 92

50.02
95.14
56.82

48 11
96.42
45 66

35 83
98.31
42 10

43 93
89.69
41 64

42.84
92.36
37 78

43.45
94.73
33 73

46.67
96.69
46 60

45 37
92 36
46 74

40.18
93.64
46 88

41.92
99.64
48.90

'46
21
r
91. 36
45 23

46.75
90.30
44 67

41 15

.262

.218

.223

.221

.218

.216

.200

.195

.191

.183

.184

.193

.184

.180

.183

"2,250.19 2, 195. 87
1,882.35
"2,024.06
0
441 03
513 30

186. 76
177. 35
433 30

178 68
170. 39
422 36

182 24 179 64
129. 16 156. 68
457 52 455 57

181.33
150.50
46465

187 07
152. 13
479 43

182. 74
158. 33
481 79

184 96
162. 01
481 09

179 35
142. 79
499 30

181 09 '183
62
147.26 r 165. 24
51330 r 526 31

166 47
164. 89
521 10

19.82

23 29

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

do
_

___

do
do
do

a
a

226. 49

!290 06

22 27

26 14

25 25

27 25

23 24

23 28

22 06

24 12

24 52

26 21

238. 92
231. 77
29 27

200.10
194 06
26 17

18.48
19.03
28 42

17 45
17 34
27 28

13 26
13 67
27 87

15 46
15 58
26 63

17.55
15 65
26 62

16.46
14 93
26 88

14.43
15 95
26 28

15 99
16 76
24 52

15 46
14 46
24 90

16.43
17.42
18 40
15 65 ' 15. 79 15 93
26 17 ' 25. 87 25 25

.194

27 28

TIRES AND TUBES
Pneumatic casings, automotive:
Production

thous

207, 826

190 403

17,606

17 216

12 642

15 658

15 466

14 657

15, 885

15 938

14 560

15 079

16, 557

17 429

Shipments, total
Original equipment
Replacement equipment
Exports

do
do
do
do

204 835
55, 632
146, 785
2 419

194 541
46, 135
146 508
1 898

18 908
4,403
14, 320
185

19 559
4*. 507
14 877
175

18 286
4,912
13 201
173

20 862
5,628
15 077
156

15 367
2,346
12 906
114

15 228
3,296
11,813
119

16 699
3,643
12, 888
167

15? 740
2 995
12 576
169

12 333
2 527
9 624
182

13 160
4' 046
8 964
150

14, 181
4,734
9,297
150

14 184
4*897
9 132
155

Stocks , end of period
Exports (Bu. of Census)

do
do_ _

49 152
2,364

50 175
1,531

56 400
150

54 620
114

49 670
119

45 196
133

45 978
107

45 758
125

45 328
116

45 586
178

48 111
145

50 175
97

52 561
93

56 093
95

283

do
do
do
do .

41 657
35 687
44 860 i 41 005
11 191
9 718
1,098
1 002

3 336
3 783
10 393
111

3 278
3 666
10 222
71

2 060
3* 024
9*680
85

2 765
3 678
9 111
85

3 127
3 390
9 252
99

2 654
3 206
8 934
71

3 081
3 436
8 905
60

2 862
2 647
9 704
109

2 758
2 988
9 718
46

3 055
3 458
9 447
130

3 097
3 180
9 626
46

85

Inner tubes, automotive:
Production
Shipments
Stocks, end of period
_- .
Exports (Bu. of Census)

' Revised.
v Preliminary.
1 Annual total includes revisions not distributed to the
months.
tData have been regrouped by the American Paper Institute; details and available earlier
data appear in their April 1970 Monthly Statistical Summary.
e? As reported by publishers accounting for about 75 percent of total newsprint consumption.




3 463
3*570
9' 133
' 115

§Monthly data are averages for the 4-week period ending on Saturday nearest the end of the
month; annual data are as of Dec. 31.
*New series. Monthly data are available back to 1955.
° Revisions for Jan.- May 1969 will be shown later.

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

1969

1970

Annual

May 1971
1971

1970
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

27 809

Apr.

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments, finished cement..,.

.thous. bbl

1409,826 1389,762

25, 722

32, 912

36, 385

39, 699

42, 284

41,630

38, 158

39 134

29 859

26 440

17 285

18 987

543.3
17.7
142.2

574.8
17.7
134 4

579.4
17.5
138 4

617.0
20.1
153.5

629.4
17.8
161.2

607.6
14.7
153.4

612.3
10.5
156 7

622 0
13.0
150 8

530 8
11 2
127 9

493 4
13.6
115 8

r 361 2
r 93 1

392 6
10 2
98 6
11 1

CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
7, 289. 7
mil. standard brick
Structural tile, except facing
thous. sh. tons..
241.5
Sewer pipe and fittings, vitrified do..
1, 783. 5
Facing tile (hollow) , glazed and unglazed
mil. brick equivalent. _
209.0
Floor and wall tile and accessories, glazed and unglazed
.
mil. sq. ft
284.8
Price index, brick (common), f.o.b. plant or
N.Y. dock
.
1967 = 100
107 8

6, 496. 0
184.6
1, 622. 2

*• 11 7

173.0

12.8

16.2

10.6

15.1

16.4

12.7

16.9

16 6

16 6

16 7

r 12 2

250.4

22.8

22.2

20.5

22.8

22 2

21.3

21 4

21 6

19 1

18 1

r 20 4

18 8

112 2

110 6

111 6

112 0

112 0

112 0

112 0

113 5

113 9

114 2

114 6

114 1

116 0

117 0

117.4

GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments

thous. $_. 416, 870

Sheet (window) glass, shipments
Plate and other flat glass, shipments
Glass containers:
Production

_do
do
thous. gross

Shipments, domestic, total
do
General-use food:
Narrow-neck food
__ ._
. _ do
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars)
thous. gross
Beverage
Beer bottles... .
Liquor and wine.

_ _

_.

Medicinal and toilet.
Chemical, household and industrial ._
Dairy products
Stocks, end of period

382, 775

88, 765

90,388

101, 919

101, 703

150, 123
266, 747

131, 702
251, 073

29,040
59,725

31, 092
59,296

34, 079
67, 840

37 491
64 212

260, 267

267, 255

21, 927

22, 555

23,293

23, 033 22 589

24, 910

21 863

24,635

21,412

19, 914

20, 691 -•19,956

20 034

251 , 050

264 483

24, 705

20 110

21 411

23 798

22 051

23 848

24 358

24, 138

19,104

24, 477

15, 903 ' 16, 838

22 199

24, 232

24, 806

2,014

1,927

1,963

2,043

1 847

2,718

2,863

2,080

1,674

2,095

1,680

»• 1, 762

2 262

57, 828

58, 632

5,141

4 200

4 140

4,731

4 689

5 293

5 600

6,053

4,525

5,557

3,589

r 3, 822

4 792

do
do
do _

56 232
51,086
20, 677

69, 254
52, 626
20, 638

6,342
5,415
2,097

4 839
4 407
1,685

5 956
4,988
1,505

6 909
5,205
1,699

6 532
4 922
1 303

6 323
4 774
1 670

5 944
4 498
1,951

5,912
4,348
2,081

4,980
3,404
1,721

7,306
3,974
1,923

3,571
3,333
1,459

' 3, 987 5 562
r 3, 414
4 803
•• 1, 481
1 872

do
do .
do

35, 916
4,496

34, 252
3,896

3,237
428
31

2 705

2 545

2,864
322
25

2 745

3 140

319
43

3,236
396
32

2,465
303
3!

3,207
373
42

2,030
215
26

' 2, 105

285
29

2 459

379

_ do .

30, 260

30, 084

31, 313

33,540

35 204

34, 016

34 404

35 178

32 504

32, 775

34896

30,084

34, 669

37,601

5 858
9 881

6,128
9 462

1 206
2 172

1 396
2 524

1 775
2 489

1,751
2,277

9 324

8 654

1 980

2 238

2 301

2,134

4 681

4 219

910
531
369

909
532
366
1 443

583

320
27

273
26

294
31

240
28

2 540

338
30
38 266

GYPSUM AND PRODUCTS (QTRLY)
Crude gypsum, total:
Imports
Production

thous. sh. tons
do

Calcined, production, total

_ do

-

Gypsum products sold or used, total:
Uncalcined uses .
do
Industrial uses
do
Building uses:
Plasters:
Base-coat
_. ... do .
Allother (incl. Keene's cement)
do
Lath
Wallboard
All other

_ _ _

_ _ mil. sq. ft.
do
do

316

265

703
75

1 298

1 267

51

950
67

473
702
917

408
588

108
138

106
154

104
155

90
141

749
8,764
228

190

187
2,259
62

197

1,927

2 308

175
2,269
58

9,090
275

72

44

64

TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills :t
Production, total 9
mil. linear yd
Cotton
do
Manmade fiber _
do

12 907
7,159
5 546

11 545
6 395
4 991

21 191
2632
2 533

910
491
404

924
502
406

1 471

1 389

1 389

1 409

2 482
1* 393
1 026

2 529
1 438
1 030

Stocks, total, end of period 9 d"
Cotton
Manmade fiber _..

do
do
do

1 404

Orders, unfilled, total, end of period 9 H
Cotton
Manmade
fiber

do
do
do

2 779
1 535
1 165

2 434
1 525

866

2 510
1 396
1 047

9 937

10, 116

« 9, 937

659
730

592
867

622
749

606
765

594
799

2

1 028
2
528
2
482

791
459
322

1 429

1 441

584
830

2 460
1 425
'983

587
838

2 514
1 481

2
2

901 2 1 088
2 615
502
2 463
389

915
516
390

902
520
374

1 454

1 453

1 437

584
839

1 434

1 471 r i 443

585
853

579
842

591
837

611
817

2 439
1 441

2 395
1 441

2 425
1 481

2 483
1 567

916

901

2 434 r 2 431
1 525
1 552

1 122

4 165

592
846

984

954

6

280

2 502
1 543

919

989
581
2 399

592
867

866

881

r 844

COTTON
Cotton (excluding linters):
Production:
GinningsA
thous. running bales
Crop estimate, equivalent 500-lb. bales
thous. bales
Consumption
do
Stocks in the United States, total, end of period
thous. bales
Domestic cotton, total
do
On farms and in transit
do
Public storage and compresses
do
Consuming establishments ...
do
Foreign cotton, total.
do
r

10 008
8 294

10 186 510 008
2 780
7 878

12 265
12 248
1 323
9,653
1 272

11 900
11 886
1 482
9,257
1 147

17

14

9 312
9 294

716
7,008
1 569
19

616

609

8,405
8 383
630
6,160
1 592
23

7 506
7 486

585
5,363
1 538
20

2
Revised.
1 Reported annual total; revisions
not allocated to the months.
Data
3
cover 5 weeks; other months, 4 6weeks.
Ginnings to Dec. 13.
« Ginnings to Jan. 16.
5 Crop for the year 1969.
Crop for the year 1970.
9 Includes data not shown
separately.
{Effective Aug. 1969 SURVEY, data (1964-Apr. 1969) reflect adjustments to new benchmarks; see Bureau of Census reports: Woven Fabrics (1964-68), Series M22A-Supplement
and (Jan.-Apr. 1969), M22A (69) 1-4 Supplement.




2

730

532

593

2 760

632

14 gii
14 795
9 900
3,854
1 041

13 949
13 931
7 545
5,474
912

8 831 3 9, 828

641

2722

4

« 10,116

10, 056

644

r

6 10,186
665

2811

8,153
8,135
879
360
417
5, 580
3,962
4,621
1,676
1
411
1 460
15
18
19
27
16
13
14
16
17
13
d*Stocks (owned by weaving mills and billed and held for others) exclude bedsheeting,
toweling, and blanketing, and billed and held stocks of denims.
If Unfilled orders cover wool apparel (including polyester-wool) finished fabrics; production
and stocks exclude figures for such finished fabrics. Orders also exclude bedsheeting, toweling,
and blanketing.
ATotal ginnings to end of month indicated, except as noted.

6 517
6 498

5 760
5 733

15 789
15 773
10 875
3^631
1 263

12 732
12? 719
2 845
8,874
1 000

11 900
11 886
1 482
9,257
1 147

10 724 '9 496
10 708 '9 479
1 093
1 285
8', 126 'T 6, 890
1 297
1 496

SURVEY OF CURRENT BUSINESS

May 1971
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 editon of BUSINESS STATISTICS

1969

1970

1970

Annual

S-39

Mar.

Apr.

May

June

July

1971

Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

Apr.

TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (excluding llnters)— Continued
Exports
- __thous. bales..
Imports
do

2,397
46

Price (farm) American upland
cents per Ib
Price middling \" avg 12 markets
do

120.9
122.2

COTTON MANUFACTURES
Spindle activity (cotton system spindles):
Active spindles, last working day, total
miLUonsuming 100 percent cotton
do -_.
Spindle hours operated, nil fibers, total
bil__
Average per working day _ __
do
Consuming 100 percent cotton. ._
_.do_ _ _

19.6
12.4
125.6
.476
80.9

18.6
11.6
113.0
.435
70.4

2

1.027

Cotton yarn, price, 36/2, combed, knit
$ per Ib..
Cotton cloth:
Cotton broad woven goods over 12" in width:
Production (Qtrly )
mil. lin yd
Orders, unfilled, end of period, as compared with
avg. weekly production
No. weeks' prod
Inventories, end of period, as compared with
nvg. weeklv 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 per lb._
Prices, wholesale:
Print cloth 39 inch, 68 x 72 cents per yard
Sheeting, class B, 40-inch, 48 x 44-48
do

2,982
37

246
4

308
7

299
2

269
2

186
2

84
1

89
6

181
3

251
1

21 1
22 2

21 6
22.4

22 1
22.6

22 1
22 8

29 5
23 0

22 6
23.0

21 9
23 0

22 8
23 0

19.5
12.2
11.5
.459
2
7.2

19.3
12.1
8.9
.447
5.6

19.1
11.9
9.0
.451
5.6

19.1
11 9
210.6
422
26 5

19.1
12.0
7.8
388
4 8

19.0
11.9
8.6
.431
5.3

18.8
11.8
10.6
423
26.6

1.008

1.014

1.008

1.008

1.005

1.001

1.001

1.001

6,965

6,242

1,654

15.0

15.4

12.8

13.2

13.3

15.7

14.9

13.1

13.4

13.4

13.9

6.0

5.5

5.5

5.5

5.4

6.0

5.6

5.1

5.0

4.9

4.8

.42

.38

.44

.43

.41

37

38

.38

.36

37

330.5
573.3

274.3
543.3

29.1
52.0

28.0
40.7

25.0
52.0

21.2
42 1

19.3
52 5

16.5
37.2

18.6
37.9

23.0
35 4

43.27

43.57

43.79

43.65

43.41

43.33

43.11

42.98

43.29

17 8

8 15.8

815.8

8 15 g

18.7

1 560

2

362

441
3

455
6

562
g

22 1
22 8

21 0
22 6

21 0
22 8

21 5
23 2

2i o
23 6

18.8
11 7
8.7
436
5 4

18.6
11.8
8.8
438
5.5

18.6
11 6
2 9.8
393
2
6 2

18.6
11.6
8.9
446
56

18.6
11 6
9.1
r 453
57

18.6
11 6
2 11.2
448
270

1.003

1.005

1.011

1.014

1.023

1.036

15.4

13.5

13.9

14.9

5.5

5.0

5.1

5.0

34

.38

37

38

35

22.7
52.8

19.7
38 1

20.3
39 7

20 5
39 7

25 9
37 6

1 467

(6)

43.53

43.96

43.98

43.94

43.71

43.48

43.45

8 15 0
19 8

8 15 0
19 8

8 15 0
19.8

8 15 0
19 8

8 15 o
19 8

8

s 15 o
19 8

5, 390. 2
730.8
607.4

1 387 8
181 7
171 7

1 344.7
179.5
141.2

1,299.4
176.8
134.4

1, 358. 3
192.8
160.1

1, 788. 4
1, 796. 8
466.8

446 8
459 7
127 9

443 4
456.5
124 1

442.1
433.1
113.0

456.1
447.5
101.8

thous. lb._ 100, 539
s 127, 484
_
do

148, 843
152, 871

15 564
16 113

12 523
14 273

15 212
12 980

5 41, 063
« 159, 404

137, 054
140 075

8 751
13 772

8 874
12 483

9 085
12 028

mil. lb.
do. .

78.4
75.6

75.0
76.0

80 6
92 0

84.5
90.3

77.9
72.1

75.0
76.0

do__
do_ _
do

259.8
240.5
70.6

287.6
244 8
102.7

258 6
244 9
78 4

281.5
246 2
87.7

282.7
241.3
96.6

287.6
244.8
102.7

Prices, manmade fibers, f.o.b. producing plant:
Staple: Polyester, 1.5 deniert
$ per lb_.
Yam: Rayon ( viscose), 150 denier
do
Acrylic (spun), knitting, 2/20, 3-6D..do

.61
.89
1.42

.61
93
1.39

.61
89
1.42

Imports: Yarns and monofilaments
Staple, tow, and tops _ _
Stocks, producers', end of period:
Filament yarn (rayon and acetate)
Staple, incl. tow (rayon)
Noncellulosic fiber, except textile glass:
Yarn and monofilaments
Staple, incl. towf
Textile glass
fiber

do
do

Manmade fiber and silk broad woven fabrics:
Production (qtrlv.). total 9
mil. lin. vd
Filament varn (100%) fabrics 9
do
Chiefly rayon and/or acetate fabrics
do.
Chiefly nvlon 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 _
WOOL
Wool consumption, mill (clean basis):
Apparel class.
_
Carpet class
_
Wool imports, clean yield
Duty-free (carpet class). _ _
_, _
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, H blood
Australian, 64s, warp and half-warpd*

.61
89
1.42

10, 690
9,659

10, 367
11 430

8,521
9 054

13, 134
13 752

12, 611
13, 836

12, 230
15, 190

14 640
16 041

11, 966
11 168

13, 836
9,310

13, 198
11, 658

14, 760
8 187

14, 314
8 888

15, 064
10 131

20,040
10 056

17, 016
13, 149

24 256
17 648

.61

.61

.61

.62

1.33

1.33

1.28

1.28

10
5
12
5

r
9
r

.61
.89
1.42

111.6

107.4

15 6
58
12 3
4 7

$ per Ib
do
do.

1.221
.862

1.024
.872
.941

1.110
.865
1.010

1.081
865
1.019

1.055
1.070
.880
880
1 025 , 1.020

100.4

101.2

102.3

58.1

100.9

101.3

101.3

2

16 3
68
17 0
78

2

8
5
7
2

2 13 3
28 4
11 2
7 6

1.025
.880
.982

1.025
.880
.952

102.3

102.3

9
5
13
5

8
0
7
8

10
7
14
9

101 3

101.3

7
1
4
4

10 8
5.4
6 9
4 0

.953
.880
.854

.925
875
760

.925
.875
.820

102.2

101.9

101.9

10
6
8
5

101.3

101.3

101.3

2

12
6
10
6

2

0
3
9
4

.850
' 837
.802

101.6

2
2
0
9

5
5. 6
9 4
5.0

2

13.6
26.8
11.2
6.2

.825
.810
.804

.825
.775
.790

'.757

.790

.708
.658
.790

101.4

98.0

97.6

96.3

101.3

101.3

101.3

101.3

r.685

31.1

35.4

54.2
101.3

.61
4.93
1.33

120.1

18 8
27*2
18 0
64

100.3

.61
* .93
1.33

109 0
467.5

2

178.8

.61
* .93
1.33

102 5
482.6

163.7
76.6
153 1
73.3

101.4

.61
* .93
1.40

104 1
510.6

219.0
93.8
189.2
95.7

100.0

.61
.89
1.41

'1,184.1
332.7
134.6
63 7
685.5

mil Ib
do
do
do

222.5

.61
89
1.42

1,208.3
340.1
148.6
62 9
701.4

133 5

14 1
66
11 3
4 3

15, 424
11 425

1,294.9
382 0
170 4
68 8
735.9

472 6

2
Revised.
1 Season average.
For 5 weeks; other months, 4 weeks.
3 Average
for
4 months, Sept.-Dec.
< Effective Sept. 1970, average not comparable with earlier7 prices.
5
Revised total; revisions not distributed by months.
« Less than 500 bales.
Omits
quantities of chiefly nylon combination fabrics.
« For Apr.-June 1970, price for cloth,
38K-inch, 64x56, 5.50 yds.Ab.; beginning Oct. 1970, spec, changed to 64x54, 5.60 yds./lb.




11,647
11, 880

.61
89
1.42

5, 396. 4 r 5 027 2 1 339 9
1,690.7 1 461 3 406 5
776.4
639 7
186 1
7 345. 0
271 4
76 0
2, 951. 8 2 865.6
742 8
629.7
439 8
124 2
1, 893. 1 1 962 8 502 1

15 0
19 8

17, 549 11, 083
12 106 14 197

517.0

WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, American
system, wholesale price©
1967=100..
Wool broadwoven goods, exc. felts:
Production (qtrly.)
mil. lin. yd..
Price (wholesale), suiting, flannel, men's and
boys', f.o.b. millO
_
1967=100
r

3

r

1.054

1 560

MANMADE FIBERS AND MANUFACTURES
5, 562. 5
Fiber production, qtrly. total
mil. Ib
774.4
Filament varn (ravon and acetate)
do
758.8
Staple, inch tow (favon)
do
Noncellulosio, except textile glass:
Yarn and monofilaments
_ do .. 1, 766. 9
1, 761. 0
Staple, incl. towf
do
501.4
Textile glass
fiber.
__do.
Exports: Yarns and monofilaments
Staple, tow, and tops
_ _

22 2
23 8

101.3

101.3

101.3

Prices not comparable for varying cloths.
t Revised back to 1965.
9 Includes data not
shown separately.
t Re visions for 1967 are in the Dec. 1970 SURVEY.
d" Beginning
Jan. 1970, quotation refers to Australian wool, 64's, Type 62; comparable prices prior to 1970
are not available.
©Earlier data are available on new base.

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

1970

1969

May 1971

1970

Annual

Mar.

Apr.

May

June

July

1971

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

16,042

15, 402

17, 595

Apr.

TEXTILE PRODUCTS—Continued
APPAREL

248, 602 r 230,213
Hosierv, shipments
-thous. doz. pairs
Men's apparel, cuttings: f
Tailored garments:
21 091
16 126
Suits
thous. units
14, 353
10, 720
Coats (separate) , dress and sport _ _ . . do
Trousers (separate), dress and sport.. _,.do ... 169, 542 174,115
21, 125
22 436
Shirts (woven), dress and sport
thous. doz
Women's, misses', juniors' apparel, cuttings: t
21, 664
17, 153
Coats
thous. units
266,856 236, 258
Dresses
<
do
14, 425
13, 582
Blouses and shirts
..
thous. doz
8,443
6,398
Skirts
-do

r

19,670

18,900

18, 477

22, 403

20, 972

20, 161

20, 405

20, 409

17, 702

14, 722

1 614
1,013
15, 299
1,972

1,571
1,092
16, 140
2,005

1,503
1.022
14, 694
1,867

1,267
992
14, 578
1,993

838
573
13, 455
1,517

1,220
752
14, 987
1,822

1 258
825
15, 329
1,879

1 377
921
15, 484
2,211

1 257
845
13, 742
1,796

1,192 r 1 258 1 168
721
770
718
12,787 r 14, 087 14, 511
1,598 ' 1, 667
1,644

1,207
23,162
1,348
683

992
22, 894
1,293
571

1,191
20, 055
1,153
572

1,549
21, 770
1,236
676

1,474
18, 261
1,097
610

1,569
18, 352
966
490

1,542
18,411
1,073
483

1,664
19,154
1,072
457

1,592
16,777
910
332

1,139
16,251
857
323

r

' 1, 195

19, 029
1,011
r
376

r

1,261
20, 477
1,112
432

TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders new (net) qtrly total
mil $
U S Government
do
Prime contract
do
Sales (net), receipts, or billings, qtrly. total- -do
U S Government
do

22 005
14, 521
19, 289
24, 648
16, 560

21 309
15 271
19 132
24, 976
16 596

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 $

28, 297
14 298
15,610
3 578

24
13
13
2

Aircraft (complete):
Shipments ®
Airframe weight ® .
Exports, commercial...

do
thous. Ib
mil. $

4 698
2,928
4,036
5,976
3 907

4 526
3,400
4,051
6,484
4 188

6,358
5,038
5,937
6,020
4 049

5,727
3,905
5,108
6,496
4 452

770
080
267
431

27, 124
13 434
14 821
3 343

25, 190
12 640
13, 865
2 969

25,539
13 627
13, 766
2 758

24. 770
13 080
13 267
2 431

4, 338

4 491

4,236

3, 828

4,412

4 491

2 881

2 820

2 779

2 699

2 754

2 820

3, 593. 4
60, 117
1, 239. 2

3 605 0
59 436
1 527 2

341 5
5 971
162.2

429 7
6 899
159.5

10,146.9
9, 587. 7
8, 223. 7
7, 806. 5
1 923.2
1,781.2

8, 239. 3
7 753 0
6 546.8
6 187.3
1 692 4
1 565 7

776.9
732.2
626.2
594.4
150 7
137.8

9,583
8 464
1 118

8 400
7 119
1 280

1,467
1 542

1 220
1 294

419 1
7 116
239 4

208 5
3 236
96.5

288.2
4,495
123.8

304.3
4,974
55.2

215.6
3 850
51.9

329.2
5,756
101.2

278 2
4,709
109.0

254 8
4,004
112.1

165.0
2,950
101.7

274.7
386.7
' 4, 462 6,334
209.3
313.4

807.5
760.9
661.3
627.2
146.2
133.7

890.1
839.5
724.4
684.4
165.7
155. 1

991.0
931.0
805.3
758.4
185.7
172.6

627.5
600.5
481.6
464.3
145.9
136.2

413.4
384 4
272.4
254.0
141.0
130.4

632.0
582.2
493.6
454.2
138 4
128.0

501.4
465.6
392.5
365.4
108 9
100.1

454.7
424 3
364.1
341.1
90 6
83.2

736.4
698.2
598.8
570.6
137.6
127.6

860.6
817.9
710.7
678.1
149.9
139.8

921.9 1, 057. 4
992.4
872.2
862.2
757.8
815.9
719.0
192.2
164.2
153.2
176.5

2 754. 0

745
646
99
8.6
7.5
1.2

798
691
107
9.0
7.8
1.2

811
699
112
9 0
7.7
1.3

923
800
122
9 4
8. 1
1.3

763
641
122
9.2
7.8
1.4

639
526
112
8.9
7.6
1.3

580
489
92
8.9
7.8
1.1

754
630
125
7.4
6.0
1.4

540
436
105
6.4
5.0
1.4

536
425
110
6.8
5.2
1.6

694
586
108
9.9
8.4
1.5

748
637
«• 112
10.0
8.5
1.5

897
756
141
10.0
8.5
1.6

882
737
145
10.0
8.3
1.7

1,573
1 420

1,578
1 428

1 632
1 458

1,674
1 483

1,509
1 504

1,269
1,521

1,261
1,496

1,053
1,280

1,018
1 167

1,220
1,294

1,381
1,296

1,628
1,401

1,683
1,530

1,707
1,557

2.3

2.2

2.3

2.2

2.3

2.4

2.3

2.6

2.8

3.0

1.9

2.0

2.2

2.2

285 04
245 62
92 28

18.40
13 98
10.61

35.85
32 16
8.81

33 11
30 04
8 79

39.08
36.40
8.68

16.83
14.70
7.69

13.89
12.55
7.46

31.72
28.46
6.20

21.10
15.98
6.06

17.80
14.61
5.78

21.75
19.29
18.81
16.66
7.10 * 6 6. 44

31.30
26.42
'7.39

41.52
37.14
10.76

1 846 72 2 013 42
692. 789
691. 15
146 01
115 8

177. 07
70.00
9 99

205. 72
74.17
9 85

174 73
74.36
10 13

187. 76
79.16
10 52

150. 64
46.86
4 05

95.14
19.01
4.40

167. 62
48.58
10.05

168. 60
56.75
16.82

173. 31
55.66
9 69

167. 07
47.68
7.51

198. 87
47.20
10.51

204. 51
70.17
11.63

233. 92
81.09
12.77

T

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

Retail sales, new passenger cars : *
Total, not seasonally adjusted
.
thous
DomesticsA
do
ImportsA . do
Total, seasonally adjusted at annual rates mil
DomesticsA
do ..
ImportsA
do
Retail inventories, new cars (domestics), end of
period: *A
Not seasonally adjusted
..
.
thous
Seasonally adjusted
do
Inventory-sales ratio, new cars (domestics)* A
ratio -.
Exports (Bureau of the Census):
Passenger cars (new), assembled
To Canada
Trucks and buses (new), assembled
Imports (Bureau of the Census):
Passenger cars (new) , complete units
From Canada, total.
_
Trucks and buses complete units

thous
do
do
do
do
do

Truck trailers (complete) shipments
number
Vans
do
Trailer bodies and chassis (detachable), sold
separately
number
Registrations (new vehicles): O
Passenger cars
Import cars
Trucks

thous
do
do

333. 45
292 11
3 103. 23

138 347
94 808

105 709
71 274

10253
7 237

9 095
6'062

9 871
7' 057

8 679
5 630

8 387
5,880

7 692
4,953

8 780
5,817

8,037
5,240

7,777
5,238

7,310
4,818

6,610
4,187

•• 7, 271
r 4, 256

8,254
4,745

33 332

26 138

3 300

2 189

2 056

2,293

1,590

1,874

1,398

1,574

1,378

1,078

985

1,110

1,079

9 446 5 5 8 388 2
1 061.6 « 1 231 0
1 888 8 i si 790 2

4

5
741 1 5 768. 4 s 784 4 * 900. 9 5 837. 7 * 683. 2 5 612. 1
102. 8
99.8 5 100.0 5 1 04. 2 * 118. 6 s 112. 2 5 109. 9
155 2 5 161 9 5 158 9 * 176. 6 5 179. 4 5 159. 4 5 153. 3

4
4

4
4
4

719. 0
112. 6
154. 2

4

937.0

2 193. 0

537. 2 * 606. 7 5 588. 3 5 618. 3 s 820. 3
99. 8 s 115. 4 5 598.5 592.6 5 130. 0
108. 4 5 115. 2 5 158. 2
118. 1 s 123. 8

4
4

RAILROAD EQUIPMENT
Freight cars (all railroads and private car lines) :
Shipmentscf
. ..
number
Equipment manufacturers
do
New orders cf
do
Equipment manufacturers
do
Unfilled orders, end of period &
do
Equipment manufacturers
do
Freight cars (revenue), class 1 railroads (AAR):§
Number owned, end of period
thous
Held for repairs % of total owned
Capacity (carrying), aggregate, end of period
Average per car . .

ton?_

1

65, 958
52 184
50 148
42 385
27, 558
22, 326

6,632
5 386
3,080
1,948
36, 426
26, 595

6,448
4,800
5,501
5,501
34, 491
26, 308

5.832
4 227
2 387
2,218
31, 046
24, 299

6,115
4,478
5,218
3,487
30, 149
23, 308

5,446
4,457
4,340
4,226
29, 040
23, 074

5,164
4,127
2,148
2,148
25, 782
20, 853

6,147
4,922
2,073
1,726
21, 672
17, 621

4,675
3,787
3,053
2,516
20, 049
16, 349

4,569
3,573
8,164
8,026
23, 644
20, 802

4,905
4,096
9,031
5,832
27, 558
22, 326

3,725
3,183
3,152
2,932
26, 903
21,993

4,629
4,059
3, 042
2,792
25, 015
20, 425

5,026
4,262
5,304
3,885
25, 193
19, 948

1,438
56

1 423
57

1,434
57

1,435
5.6

1,434
5.7

1,433
5.5

1,433
5.6

1,433
5.8

1,431
6.0

1,427
5.9

1,424
5.7

1,423
5.7

1,423
5.7

1,431
5.7

1,430
5.6

94 37
65.62

95 64
67.19

94 52
65.91

94 76
66.05

94 85
66.15

95 32
66.52

95 46
66.63

95 77
66.81

95 78
66.96

95 62
67.01

95 27
66.89

95 64
67.19

95 73
67.29

96.08
68.45

96.38
67.37

69, 028
i 54 112
i1 84 245
65 301
46 751
35, 508

i
i
i
i

r
2
Revised.
i Annual total
includes revisions not distributed by months.
Preliminary
3
estimate
of production.
Beginning
1969. data exclude vehicles
on runners and skis.
4
5
6
Omits data for two States.
Omits data for one State.
Effective Jan. 1971, includes
off-highway trucks and trailers; comparable 1970 total, 93.87 thous.
f Revisions (1968-69)
are available.
*New series. Automobile Manufacturers Association and other industry sources; seasonal
adjustments by OBE. For earlier data, see p. 43, Dec. 1970 SURVEY.
ADomestics include U.S.-type cars produced in the United States and Canada; imports




cover foreign-type cars only and exclude domestics produced in Canada.
cfAmer. Railway Car Inst. and Assn. of Amer. Railroads, data cover new cars for domestic
users: backlog not adjusted for cancellations.
9 Total includes backlog for nonrelated products and services and basic research.
©Data include military-type planes shipped to foreign governments.
O Courtesy of R. L. Polk & Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.

INDEX TO

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
Balance of international payments
2,3
Banking
16,17
Barley
27
Battery shipments
34
Beef and veal
28
Beverages
4,8,11,22,23,26
Blast furnaces, steel works, etc
5-7
Bonds, outstanding, issued, prices, sales, yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials
6,7,
9,10,31,36,38
Building costs..
10
Building permits.,
10
Business incorporations (new), failures
7
Business sales and inventories.
5
Butter
26
Cattle and calves
28
Cement and concrete products
9,10,38
Cereal and bakery products
8
Chain-store sales, firms with 11 or more stores...
12
Cheese
,
26
Chemicals
4-6,8,13-15,19,22-25
Cigarettes and cigars
30
Clay products
9,38
Coal
4,8,22,34,35
Cocoa
23,29
Coffee
23,29
Coke
35
Communication
2,20,24
Confectionery, sales
29
t
Construction:
Contracts
10
Costs
10
Employment, unemployment, hours, earnings.. 13-15
Fixed investment, structures
1
Highways and roads
9,10
Housing starts.
10
Materials output indexes.
10
New construction put in place.
9
Consumer credit
17,18
Consumer expenditures
1
Consumer goods output, index
3,4
Consumer price index
8
Copper
33
Cora
27
Cost of living (see Consumer price index)
8
Cotton, raw and manufactures
7,9,22,38,39
Cottonseed cake and meal and oil.
30
Credit, short- and intermediate-term
17,18
Crops
3,7,27,30,38
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.
11
Heating equipment
9,34
Hides and skins
9,30
Highways and
roads
9,10
Hogs
28
Home electronic equipment.
8
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
Hotels
24
Hours of work per week
14
Housefurnishings
1,4,8,11,12
4,
Household appliances, radios, and television sets.
8,11,34
Housing starts and permits
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
Labor advertising index, strikes, turnover.
16
13
Labor force.
28
Lamb and mutton
28
Lard.
33
Lead.
Leather and p r o d u c t s . . . . . . . ! ' . ' . ' . ' . ' . . . . . . 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
Nonferrons 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 unfitted, manufactures*
6,7
Ordnance
13-15
Fault 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.
13-15
Profits, corporate
2,19
Public utilities
2-4,9,19-21,25,26
Pulp and pulpwood.
36
Purchasing power of the dollar
9
Radiators and connectors
34
Radio and television
4,11,34
Railroads..
2,15,16,20,21,24,40
Railways (local) and bus lines.
23
Rayon and acetate.
39
Real estate
10,17,18
Receipts, U.S. Government
18
Recreation.,
8
Refrigerators and home freezers
34
Rent (housing)
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
SUver
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
Stores 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
finance
Utilities
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.

13,16
16,17,20
;•
18
2-4,9,19-21,25,26
34
11,12
29,30
. 7,8
16

flour

2,3,15
34
f4
27,28
, B,9
5,7,11,13-15
A 36
",39
33

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