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MAY 1973 / VOLUME 53 NUMBER

5

SURVEY OF
CURRENT BUSINESS

MAY 1973 / VOLUME 53 NUMBER

SURVEY OF CURRENT BUSINESS

CONTENTS
THE BUSINESS SITUATION
National Accounts in the First Quarter
Orders and Backlogs in Durable Goods Manufacturing

2
4

National Income and Product Tables
Public and Private Debt
Residential Construction Boom, 1970-73
Metropolitan Area Income in 1971

9
13
14
23

U.S. Department of Commerce
Frederick B. Dent / Secretary
Edward D. Failor / Administrator
Social and Economic Statistics
Administration
Bureau of Economic Analysis
George Jaszi / Director
Morris R. Goldman / Deputy Director
Lora S. Collins / Editor
Leo V, Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics

Staff Contributors to This Issue
Lora S. Collins
Thomas W. Kraseman
John A. Gorman
Barbara L. Miles
Donald A. King
Thomas R. Robinson
Regional Economics Division Staff

CURRENT BUSINESS STATISTICS
General

S1-S24

Industry

S24-S40

Subject Index (Inside Back Cover)

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the BUSINESS SITUATION
1 HE brisk expansion of economic
activity in the opening quarter of this
year, coupled with the substantial rise
in prices, resulted in higher corporate
book profits and cash flow. According to
preliminary estimates by BEA, book
profits before taxes were at a seasonally
adjusted annual rate of $113.1 billion
in the first quarter, a gain of $11.6 billion from the fourth quarter rate as
compared with a gain of $5.8 billion
from the third quarter to the fourth
(chart 1). First quarter book profits
stood $24.9 billion above the level in
the first quarter of 1972.
The rise in corporate cash flow—
undistributed profits plus capital consumption allowances—also accelerated;
cash flow increased $5.6 billion in the
first quarter to a seasonally adjusted
annual rate of $105.6 billion, compared
with a gain of $4.3 billion in the fourth
quarter. Cash flow has increased $17.3
billion from the first quarter of 1972.
The bulk of the rise in book profits
in the first quarter was due to unusually
large inventory profits. The very rapid
rate of price increase during the period
meant that replacement goods put into
stock were valued at much higher average prices than were goods taken out of
stock, so that the process of inventory
turnover generated substantial inventory profits. The national income measure of profits is intended to measure
only incomes arising from current
production, and thus excludes these
gains (or losses) on inventory turnover.
The difference between book profits
and the national income measure is the
inventory valuation adjustment (IVA),
which rose from $5.9 billion in the
fourth quarter to $14.1 billion in the
first. Thus, inventory profits accounted
for $8.2 billion of the $11.6 billion first
quarter rise in pretax book profits, and




profits on the national income basis
accounted for only $3.4 billion.
The $3.4 billion rise in the national
income measure of profits matched the
average gain for the first three quarters
of last year, but was appreciably smaller
than the $6 billion increase in the
fourth. It should be noted, however,
that the profits figures reported by
individual companies in the last quarter
of a calendar year typically contain
various irregular year-end adjustments,
and it is possible that some of the profits shown for the fourth quarter were
in fact earned earlier in 1972.
Profits of nonfinancial corporations,
calculated on the national income basis,
increased $2.8 billion in the first quarter
and profits of financial institutions $0.6
billion, as compared with gains of $5
billion and $1 billion, respectively, in
the fourth quarter. In the nonfinancial
group, all of the increase was in the
profits of durable goods manufacturers,
which accelerated sharply. Outside of
durable goods manufacturing, preliminary figures indicate profits of nonfinancial corporations declined slightly.
The profits rise in durable goods manufacturing was broadly based among the
major industry groups and strongest in
the auto, nonelectrical machinery, lumber, and stone-clay-glass industries.
Nonfinancial corporations: Unit price,
cost, and profit
The $2.8 billion increase in nonfinancial corporations' profits was due to a
strong expansion of both real output
(i.e., constant dollar gross product
originating, or value added) and the
margin of profit per unit of real output
(chart 2). The rise in nonfinancial
corporations' real output amounted to
9.9 percent (annual rate), which was
smaller than the 11.4 percent gain from

the third to the fourth quarter but a bit
larger than the average 9.2 percent
increase in the first three quarters of
last year. The increase in profit per
unit of output, however, accelerated
sharply; margins rose 17 percent as
compared with 14.7 percent in the
fourth quarter and an average 12.5 percent in the first three quarters of last
year.
CHART 1

Profits and Cash Flow
Billion $
25

PROFITS

I
100

Before Tax Book Profits

y/

-

75
Before Tax Profits

y

Plus IVA

50

After Tax Book Profits
. . .

25

125

1 . . .

1 . . .

1

. .

. i . . .

i

. . .

CASH FLOW*

100 -

/

75

f

^

. . .
1968

j

1. . .
69

1.. .1 . . . 1. . . 1 . . .
73
70
71
72

Seasonally Adjusted at Annual Rates
•Capital consumption allowances plus undistributed profits.
U.S. Department of Commerce, Bureau of Economic Analysis

SURVEY OF CURRENT BUSINESS
CHART 2

Nonfinancial Corporations:
Output, Costs, and Profits
Billions of 1958 $ (Ratio scale)
700

OUTPUT
600 - (Annual Rate)

300

200 I i 1111 11 h i i I11 11 i 1111 i i 11 11 1111 11 111i11 111 i I i

Dollars (Ratio scale)
1.6
1.4
1.2
1.0

Dollars (Ratio scale)
1.2
1.0

COST AND PROFITS
PER UNIT OF OUTPUT

Labor Cost

Nonlabor Cost

1 1 . , • I , ,, I • , , 1 . •, 1 , •, t , . , i . , , I , , , I

May 1973

The rise in profits per unit of output Table 1.—Change in Gross Product and in
Profits (Before Taxes) of Nonfinancial
reflects the fact that unit prices rose
Corporations Nine Quarters after Trough
more than unit costs. Price per unit of
Billions of dollars
Change in
output rose 4.4 percent (annual rate)
profits as perTrough i
cent of change
in the first quarter as compared with
Gross
Profits 2
in gross
product
product
1.9 percent in the fourth, while unit
costs increased 3.5 percent after no 1954-III
46.7
7.3
15.6
change in the fourth quarter. Unit labor 1958-11
43.7
9.0
20.6
costs rose at an annual rate of 5.2 per1961-1
25.0
12.8
51.2
cent, as compared with 1.4 percent in
1970-IV
20.2
27.9
137.9
the fourth quarter; the acceleration
was mainly due to the increase in
1. Quarters designated as trough b y the National Bureau of
Research.
social security taxes paid by employers. Economic
2. Before taxes and including inventory valuation adjustment.
Unit nonlabor costs were about unSource: U.S. Department of Commerce, Bureau of Ecochanged following a decline in the nomic Analysis.
fourth quarter.
Profit per unit of output currently the expansion following the 1954 recesstands 33.6 percent above the recession sion. As can be seen in table 1, the rise
low reached in the fourth quarter of in profits of nonfinancial corporations
1970. Although that represents a sub- amounted to 20.2 percent of the rise in
stantial advance, it is noteworthy that gross product originating in (i.e., value
profit margins remain well below the added by) nonfinancial corporations
levels prevailing before the 1969-70 over the nine quarters after the fourth
quarter of 1970. The share was 25
recession (chart 2).
percent
in the corresponding period
Rising profit margins and increased
following
the cyclical trough in 1961,
physical volume have carried profits of
20.6
percent
in the post-1958 recovery,
nonfinancial corporations $27.9 billion
and
15.6
percent
in the post-1954 reabove the level in the fourth quarter
covery.
I
t
should
be noted that the
of 1970, which was both the general
profits
expansion
in the current
cyclical trough and the quarter when
recovery
is
biased
upward
because the
output and profits were depressed by
auto
strike
depressed
profits
more than
the auto strike at General Motors. Aloutput
in
the
fourth
quarter
of 1970. If
though this is a substantial gain, the
average
profits
and
gross
product
in the
share of profits in the expansion of
fourth
quarter
of
1970
and
the
first
gross product originating in nonfinanquarter
of
1971
are
used
as
the
base
for
cial corporations over the nine quarters
this
calculation—as
a
crude
means
of
since the trough has been smaller than it
mitigating
the
strike's
distortions—the
was during the corresponding period of
the preceding cyclical recovery, about rise in profits in the current recovery
the same as in the expansion following was about 18.3 percent of the rise in
the 1958 recession, and larger than in gross product originating.

Billion $ (Ratio scale)

National Accounts in the First Quarter

,,, I , ,. I , ,, f f, . 1 > .. 1 . .. i . . ,!. . I I . i , h i t
1962

64

66

68

70

n i l
72

73

Seasonally Adjusted

NOTE.--Output is constant dollar gross corporate product (GCP).
Price per unit is calculated by dividing current dollar GCP by
constant dollar GCP. Unit costs and unit profits are calculated by
dividing the several components of current dollar GCP by constant
dollar GCP. Nonlabor cost consists of capital consumption allowances,
net interest, and indirect business taxes plus business transfers
less subsidies received.

U.S. Department of Commerce, Bureau of Economic Analysis




The Federal Government deficit as
measured in the national income accounts amounted to $7.5 billion (seasonally adjusted annual rate) in the
first quarter, compared to deficits of
$24.3 billion in the fourth quarter of
last year and $11.8 billion in the third.
Based on these data for the first three
quarters of fiscal 1973, it appears that
the NIA deficit for the full fiscal year is
likely to be significantly less than the

estimate of $26.6 billion presented in
the budget document this past January.
NIA receipts are running considerably
higher, and NIA expenditures somewhat lower, than projected in January.
The sharp reduction in the Federal
deficit in the first quarter reflected
rapid gains in economic activity and
higher social security tax receipts. Total
Federal Government receipts increased
$14.1 billion to $252.5 billion at an

May 1973

annual rate. The increase in contributions for social insurance was $12.3 billion, largely attributable to a rise of over
$10 billion in social security taxes as the
result of an increase in January in the
tax rate and the taxable earnings base.
Corporate tax accruals were up $5.6
billion, as corporate book profits inincreased strongly. These increases in
receipts were partly offset by a $4
billion decline in personal taxes, the
result of exceptionally heavy refunds
in the first quarter as a consequence of
of overwithholding last year.
Expenditures declined $2.7 billion to
$260 billion at an annual rate. Declines
in grants-in-aid to State and local
governments and in Federal subsidies
offset increases in other categories.
Grants-in-aid dropped $4.7 billion (annual rate), $4 billion of which was a
decline in public assistance program
grants that offset an advance payment
of about $4 billion made in the second
quarter of 1972. These grants are expected to return to more normal levels
in the second quarter of 1973. Subsidies
paid to farmers were also off substantially in the first quarter. On the other
hand, purchases of goods and services
increased $2.6 billion, about $2 billion
of which was due to pay raises in January for Government civilian and military personnel.
GNP revisions
More complete data on foreign trade
indicate that there was a much stronger
rise in exports and a much smaller rise
in imports in the first quarter than
estimated at the time of the preliminary
GNP calculation in mid-April. As a
result, the estimated net deficit on goods
and services in the first quarter has been
revised down by about $2 billion
(seasonally adjusted annual rate), to a
figure of $2.2 billion. The deficit on
goods and services in the fourth quarter
of last year was $3.5 billion; a large part
of the improvement from the fourth
quarter to the first reflected a strong
expansion in agricultural exports. (The
first quarter data on nonmerchandise
exports and imports are still quite incomplete and subject to further
revision.)



SURVEY OF CURRENT BUSINESS
The downward revision of roughly $2
billion in the goods and services deficit
was a factor contributing to the upward
revision of estimated first quarter GNP.
On the basis of more complete source
data, BEA has raised the estimate of
total GNP by about $2% billion
(seasonally adjusted annual rate). Business fixed investment was the only
major component other than net exports
to show a measurable upward revision—
about $l}i billion. The estimate of
inventory investment was reduced
about $1 billion to a figure somewhat
below $7 billion, a very low rate of
investment relative to the size of total
production. Other major GNP components were affected negligibly or not
at all by the revisions.
The upward revision of current dollar
GNP had no net effect on the estimate
of GNP in real terms, for the estimated
deflators of most GNP components
were also revised upward. The implicit
deflator for total GNP now shows an
increase of 6.6 percent (seasonally adjusted annual rate) from the fourth
quarter to the first, compared to a
preliminary estimate of 6.0 percent;
real GNP is estimated to have increased
at a rate of 8 percent.
It was pointed out in the April
SURVEY that increased food prices and
a rebound of the auto price deflator
following a temporary drop in the fourth
quarter were important factors in the
first quarter acceleration in the rise of
the overall GNP deflator. A January
increase in Federal pay schedules was
also important in respect to the overall
deflator, although it had no effect on
the deflator for private product. Table
2 updates a table presented in the
Table 2.—Measures of Price Change
[Percent change from previous quarter, seasonally adjusted
at annual rate]
1972- 1973- DifferIV
I
ence
Implicit price deflator, GN P
Implicit price deflator, gross private
product
Chain price index, gross private productExcluding foodExcluding autos
Excluding food and autos

2.8
2.8
2.9
2.3
3.4
2.7

3.8
6.3
6.8
5.3
6.9
5.3

3.5
3.9
3.0
3.5
2.6

April issue, showing rates of change in
the fourth and first quarters in the
implicit deflators for GNP and for
gross private product, and in the chain
price index for gross private product.
The chain index uses the weights of
the prior quarter in the calculation of
each quarter's price change; changes in
the implicit deflator, on the other hand,
reflect the influence of shifts in the
composition of GNP, i.e., shifting
weights. The revised first quarter price
data show a larger acceleration than
the preliminary data did in the rate of
price increase excluding food and autos.
Strong gains in automobile production have been a major factor boosting
national output during much of the
past year and especially in the first
quarter of 1973. Gross auto product is
calculated by BEA as an estimate of
the contribution of auto production to
GNP—aggregating the automobile
components of the various final demand
elements such as consumption, investment in producers' durable equipment,
etc. Table 3 shows rates of change in
Table 3.—Change in Real Output
[Percent change from previous quarter, seasonally adjusted
at annual rate]
1972

1973

I

II

III

IV

I

6.5

9.4

63

8.0

8.0

Real G N P excluding gross
7.0
auto product
Real gross private product excluding gross auto product.. 7.6

9.0

4.7

8.3

5.6

9.9

4.7

8.7

5.8

Real GNP

real GNP over the past year, isolating
the contribution of auto production as
measured by gross auto product. Excluding autos, real output growth was
much slower in the first quarter than
in the fourth and was rather low relative
to the pace during the past year. In
assessing the significance of autos in
total first quarter GNP, it is relevant
to note the widespread view among
analysts that recent auto production
and demand levels are well above the
"basic" market and are in part borrowings from the future.

SUEVEY OF CURRENT BUSINESS

Orders and Backlogs in Durable Goods
Manufacturing
THE vigorous expansion of economic
activity in the first quarter was accompanied by a sharp acceleration of the
already rapid recent rise in new orders
and order backlogs in durable goods
manufacturing. The rise in new orders
had been slow in 1971, coming out of
the recession, but accelerated last year
(chart 3). In the first quarter of this
year, new orders averaged $40.3 billion
monthly, up 8 percent from the fourth
quarter; this was an extremely large
rise, well above the 3 to 6% percent
range of last year's quarterly increases.
Shipments by durable goods producers,
on the other hand, continued to grow
at about last year's rate; they averaged
$38.3 billion monthly in the first
quarter, up 5 percent from the fourth
quarter as compared to quarterly increases last year in a range of 3 to 5%
percent.
In any given time period, the change
in unfilled orders is by definition equal
to the difference between new orders
and shipments. With new orders rising
much faster than shipments in the

first quarter, there was an acceleration
in the rise of unfilled orders. The
backlog was $87.5 billion at the end
of the quarter, up $6.2 billion or 7.7
percent from the end of the fourth
quarter. The percentage gain was twice
as large as the average last year, and
one of the largest in the past 20 years.
The major part of the rise in the
durable goods order backlog in the
first quarter occurred in the primary
metals and nonelectrical machinery
industries. Primary metals accounted
for about 10 percent of the backlog at
the end of December but for about
one-third of the first-quarter increase;
nonelectrical machinery, with almost
20 percent of the year-end backlog,
accounted for 25 percent of the increase.
In primary metals, the steep firstquarter rise in backlogs reflected a
very sharp increase in new orders—
more than twice the average rise last
year—accompanied by only a small
rise—considerably less than last year's
average—in shipments. These developments suggest that primary metals
production may be close to practical

May 1973

capacity in at least some lines. In
nonelectrical machinery, the margin
of new orders over shipments had
widened sharply in the fourth quarter
and remained wide in the first, although
neither new orders nor shipments
showed particularly large further gains.
The accelerated rise in nonelectrical
machinery backlogs during the past
6 months or so reflects the rapidly
rising capital goods spending plans by
business firms.
(Continued on page 22)

CHART 3

Orders and Shipments in
Durable Goods Manufacturing
Billion $ (Ratio scale)
100
90 80
70 60

Unfilled Orders

-

50 New Orders

40 -

30
^

=

= ^ / ^ ^

^

Shipments

. . . 1 . . , 1 . , . 1 . . . 1 , , .

20

The rise in unfilled orders has recently accelerated
UNFILLED ORDERS
100
Durable Goods, Total

90

Table 4.—Unfilled Orders in Durable Goods Manufacturing

80
70

(Quarterly changes in billions of dollars)

60

Total

Primary
metals

Fabricated
metals

Nonelectrical
machinery

Electric
machinery

Transportation
Equipment

50

All Other Durables

-

40

1972-1
II . . .
Ill
IV . .

1.66
3.50
3.45
2.72

0.34
.86
1.12
.11

0.23
-.01
.44
.26

0.42
.54
.59
1.34

—0.48
.39
.23
.77

1.08
1.46
.81
.37

1973-1

6.23

2.26

.69

1.56

.53

.97

25

20

-

/
Nonelectrical Machinery
15 "

Quarterly changes in percent
1972-1
II ,
III . .
IV__.

.

.

1973-1

.

2.4
49
4.6
3.5

5.6
13.5
15.5
1.3

2.4
—.1
4.6
2.6

3.3
4.1
4.3
9.4

-3.3
2.8
1.6
5.3

5.1
6.5
3.4
1.5

7.7

26.7

6.7

10.1

3.5

3.9

Ratio of unfilled orders to monthly shipments i

t

V\
. . .

1972-1
II .
Ill—
IV..

2.22
2.24
2.27
2.23

1.33
1.46
1.55
1.45

2.96
2.82
2.94
2.95

2.48
2.44
2.51
2.62

2.97
3.06
3.08
3.09

2.99
3.07
3.02
2.89

1973-1

2.29

1.78

2.95

2.76

2.99

2.81

/

Primary Metals

1969

>
1 . . .
1970

,

1 . . .

1. . . 1 . . .

1971

1972

1973

Seasonally Adjusted
NOTE.—Sales and new orders are plotted as quarterly averages
of monthly figures; unfilled orders are as of end of quarter.
Data: Census

1. Unfilled orders at end of quarter to average shipments during quarter.




U.S. Department of Commerce, Bureau of Economic Analysis

73-5-3

5

SURVEY OF CURRENT BUSINESS

May 1973

CHART 4

•
•
•

Revised estimate shows GNP up $43 billion in first quarter
In April: The jobless rate remained at 5 percent
The wholesale price index rose 0.7 percent
TOTAL PRODUCTION

THE LABOR MARKET

CURRENT DOLLAR GNP **
1,300

PRICES
Percent

Million Persons
92

Billion $
1,400

16

CIVILIAN LABOR FORCE AND EMPLOYMENT*

-

-

IMPLICIT PRICE DEFLATOR FOR GNP
(Change From Previous Quarter)**
12

88

Labor Force
1,200

1,100

Inventory Change

-

~" Totals^ ^ r
I

1.000

I

i

>

84

-

Final Sales

t

i

i

l

I I

Quarterly (I)

80

76

••*

III.lill I

-

Employment

i 11 i i 111 i i i I I i i 11 j i II i i i 11 111 111 i

Monthly (Apr.)

BEA

Billion $

• • • • " " \

Quarterly (I)

BLS

Percent

Percent
8

80

CURRENT DOLLAR GNP
(Change From Previous Quarter)**

16

CHAIN PRICE INDEX FOR GNP
(Change From Previous Quarter)*

UNEMPLOYMENT RATE*
Total
12

6

60

Fi alSales

Total

40

inmniiii

E

»— ^ g J a ^— » B ^ p
II!

20

?

_

IIIIII

ill liElllil
iMJI

0

4

-

2

-

Married Men
/

'••-...•.A........

0

Quarterly (I)

i i it i 1 i i i i i i i 11 11i i

II

..»•*••

i

CONSTANT DOLLAR (1958) GNP*

Quarterly (I)

BLS
Billions

Million Persons
80

1,000

Ilia Illll

i i 11 11 i 11 i i

Monthly (Apr.)

BEA

Billion $

170

1967=100

CONSUMER PRICES

76

160 130
Total

Employment*
(left scale)

Inventory Change
800

72

700

68

BEA

140

NONFARM ESTABLISHMENTS

900

BEA

150 120
.••*
140

110

Man-Hours**
(right scale)
I

600

I

I

i

I

Quarterly (I)

i

64

Percent

^

i I I i I I i i i i i I i i i i i I i i i i i I 130
Monthly (Apr.)

100 I | i I I I I i i i i i I I i i I I I i i I i I I i i i i i I i i I i i

BLS

Dollars

Hours
45.0

4.00

Monthly (Mar.)

42.5

Final Sales
Totalx \

Average Hourly Earnings
(right scale) ^ v ••"*'

150

WHOLESALE PRICES

/

40.0

3.75

140

3.50

130

1971

1972

1973

BEA

J

Quarterly (I)
*Seasonally Adjusted

**Seasonally Adjusted at Annual Rates

Digitized for U.S.
FRASER
Department of Commerce, Bureau of Economic


Analysis

1971

1972
Monthly (Apr.)

/'
>

Farm Products j
Processed Foods /
and Feeds f
Total

Weekly Hours
(left scale)
37.5

BLS

1967=100

PRODUCTION OR NONSUPERVISORY
WORKERS (PRIVATE)*

CONSTANT DOLLAR (1958) GNP
(Change From Previous Quarter)
10

i 11 11 I i 11 i i

BEA

1973

BLS

3.25

120

3.00

110

Industrial
Commodities

~

/

/TV

'

/

i ( I I 1111111 111111111II
T i l i i 1 1 11 | 1
1971

1972
Monthly (Apr.)

1973

BLS

6

SUKVEY OF CUERENT BUSINESS

May 1973
CHART 5

• In April: Personal income rose $71/2 billion; wages and salaries up $6 billion
•
Advance report shows retail sales down V/2 percent
•
Housing starts declined further
FIXED INVESTMENT

CONSUMPTION AND SAVING

INCOME OF PERSONS
Billion

Percent

Billion $
800

1,100
PERSONAL INCOME*

Billion $

18

125

14

100

PERSONAL CONSUMPTION EXPENDITURES**
AND PERSONAL SAVING RATE*
/

1,000

750
Personal Consumption
Expenditures \
(left scale) x -

900

Producers' Durable Equipment *
10

700

75
!
Residential Structures

800

50

650

I I I |' I I I I I I

700

M I I I I II I M

I M I I I

600

Monthly (Apr.)

Billi
Billion
$

700
WAGES AND SAURIES**

^

Quarterly (1)
Billion $

45

no
PUNT AND

RETAIL STORE SALES*

EQUIPMENT EXPENDITURES**

100

40

/

r

Total

y^
200

600

A ^ "

35

-

90

-

/

•

^ —
' Excluding Autornotive Group
550

BEA

.-O

A
Total
(left scale)

* Nonresidential Structures**
i
i
i
I
i
i
i

i

BEA

Billion $

*

650

i

25

Quarterly (I)

BEA

$

Billior

Personal Saving Rate
(right scale)
i
i
1
i
i

-

YManufacturing
/

150

30

i i I I i 1 I I i i 1100

25

y
©Expected

80

_

_

(right scale)
1 1 1 M 1 1 | 1 1 \ 1\ I I 1 1 1 1 I I 1

500

1 1 I I 1 1 M 1 1 1i i 11 11 i i 111

1 1 1 1 1 1 1 1 1 II

i

70

1

i

1

1

i

1

1

Quarterly (II)

1

BEA

Billion $

Billion $

14

900
DISPOSABLE PERSONAL INCOME**
850

i

Monthly (Apr.)

BEA

Monthly (Apr.)

CAPITAL GOODS MANUFACTURERS*
(NONDEFENSE)

-

12

A
800

-

/

750

-

10

-

8

New Orders

t..S

-

Shipments
700

1

1

1

i

i

i

!

1

4 I I I I I I I II I M I I M I I 1 M I II I II I M I I I I I I I 0

1
BEA

Quarterly (1)

Monthly (Apr.)

M 1 1 1 | \\ l | I I I 1 M i I 1 1 M1 1 M 1 1 1 1 1 1 1

6

Monthly (Mar.)

Trade Sources & BEA

Dollars

Billion $

Million Units

3,000

32

3.5

REAL PER CAPITA DISPOSABLE
PERSONAL INCOME**
2,900 _ (In 1958 Dollars)

PRIVATE

NET CHANGE IN INSTALLMENT
CREDIT OUTSTANDING*
24

3.0

-

16

2.5

-

Census

HOUSING* *
-

Starts
\
2,800

-

2,700

-

^

/]

20
Permits

2,600

1

1

1

1971

1

I

1

1972
Quarterly (I)

*Seasonally Adjusted

i

I

i

0 I I I I M I I I I I I I I II I I I M I I I I I I I I I 1 I I I I I
1971

1973
BEA

**Seasonally Adjusted at Annual Rates

Digitized for
U.S.FRASER
Department of Commerce, Bureau of Economic Analysis


1972
Monthly (Mar.)

1973

1.5

I**I i i 1 1 1

1971
FRB

MM

•
\

| | i 111 i 11 11 1111 111 i I I i
1972
Monthly (Apr.)

1973
Census

SURVEY OF CURRENT BUSINESS

May 1973

CHART 6

•
•

In March, exports rose, imports declined, and the trade deficit dipped sharply
In first quarter: Balance of payments deficit worsened on both the net liquidity and official reserve bases
Federal deficit on the NIA basis dropped sharply to $7 1 / 2 billion
INVENTORIES

FOREIGN TRANSACTIONS

Billion $
15

GOVERNMENT

Billion $

Billion $

10

200

NET EXPORTS **

CHANGE IN BUSINESS INVENTORIES

GOVERNMENT PURCHASES OF
GOODS AND SERVICES**
160

State and Local

^^^"1""

Goods and Services
120

Federal Total
.

-5

80

i

40

-10
Quarterly (I)

Quarterly (I)

Billion $

Defense ^

i

i

t

i

i

i

i

i

Quarterly (I)

BEA

BEA

Billion $

Billion $

210

320

MERCHANDISE TRADE *

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

FEDERAL BUDGET**
(NIA Basis)

200

280

-

240

-

/
190

Expenditures

Total

n3

\
-

180

i 1 1 i t 1 i 11 i i i 11 11 1 i 11 |

170

|

1111 1 I 11 1 1 1

Monthly (Mar.)

2 II II I I I I I I I I I I IIII II I III II M 1 I II I I I I
Monthly (Mar.)

Billion $
50

—

0

-

i
*••

Trade
. . . . • • • • •

80

11111111111

60

-

-5

11111111111

10

>-

:

11111111M i
Monthly (Mar.)

.

-

25

-

-25

Current Account
/
*•*»..«

^Current Account and
Long-Term Capital
i

i

i

Census & BEA

I

i

i

i

i

i

Quarterly (IV)

i

i

i

I

I
BEA

•IIPIT

-50
BEA

Quarterly (|)

BEA

Billion $

Billion $

Ratio

i

i

FEDERAL BUDGET POSITION*
(NIA Basis)

BALANCE OF PAYMENTS *
5

i

-

Quarterly (I)

10

Manufacturing
100

i

Census

Billion $

MANUFACTURING AND TRADE INVENTORIES*
(Book Value, End of Month)
120

Receipts

200 - ,

Census & BEA

Billion $
140

/

4

DEFENSE PRODUCTS MANUFACTURERS*

BALANCE OF PAYMENTS *
3

Net Liquidity
Balance
1.8

-5

~

1.4

j

New Orders
\

i

2

1

-10

Shipments

V * X Official Reserve
Transactions Balance
-15

1.0
1971

1972
Monthly (Mar.)

*Seasonally Adjusted

1973
Census & BEA

**Seasonally Adjusted at Annual Rates

U.S. Department of Commerce, Bureau of Economic Analysis
Digitized for. FRASER


i

i

i

1972
Quarterly (I)

i

i

i

i

0

i I I 11I 11 11 i . . i I I 1 i . i I I
1971

1973
BEA

1972
M o n t h l y (Mar.)

I iI 1I1MI I i
1973
Census

SURVEY OF CURRENT BUSINESS

8

May 1973
CHART 7

In April: Industrial production increased 1 percent
Increase in bank credit slowed; short-term interest rates moved higher, bond yields showed little change
In first quarter: Corporate profits before tax (including IVA) rose about $31/2 billion

1967=100
130

280

V

550
•

110 : > • * ' "

260

N

Durable
Manufactures

Total

-

500

240

75

-

450

220

50

i I i 11 i i 200

25

\
Nonfinancial
Corporations

-

^BankXredit
(left scale)

t 1 1 M 1 1 1 1 1 111
1 I 11 111 i i I I i it 11 i 111

400

i 11 i 11 1 1 1 11

i 11 11 1 11 1 1 1

INDUSTRIAL PRODUCTION*

34

100

'Net Free Reserves
(left scale)

32

75

30

Monthly (Apr.)

-2

i i i i I I I I I i i I i i i I I I i i I i i n ' l I I I I i I I I 28
Monthly (Apr.)

FRB

Percent

Billion $

100

10

25 I

1

I

I

I

FRB

I

i

I
BEA

I

I

I

I

I

I

Q u a r t e r l y (I)

BEA

Percent
24

Corporate Aaa (Moody's)

_

16

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

90-Day
Commercial Paper

Manufacturing

80

i

\

50

INTEREST RATES AND BOND YIELD

RATIO, OUTPUT TO CAPACITY*

i

Profits After Tax

75

50 I i I I I I I I I I 1 I I i I i I I I I I l i I I I l l I I I I I I I I

l

Cash Flow After
Dividends

Total Reserves*
(right scale)

Steel

i

CORPORATE CASH FLOW AND PROFITS*

125

100

l

Billion $
125

A/

BANK RESERVES

/*•

i

Quarterly (I)

Billion $
36

Billion $
6

1967=100
150

i

FRB

Monthly (Apr.)

FRB

Monthly (Apr.)

90

100

r

100

90

125

CORPORATE PROFITS AND IVA,BEFORE TAXES**

Money Supply
(right scale)

Total

.—<~s/^

Billion $

BANK CREDIT AND MONEY SUPPLY

/

Nondurable
Manufactures

120

Billion $

Billion $
600

INDUSTRIAL PRODUCTION*

PROFITS AND COSTS

MONEY, CREDIT, AND SECURITIES MARKETS

INDUSTRIAL PRODUCTION

Output

=

f*'

.—-^
70

v

I

60

i

I

I

I

i

I

i

Quarterly (I)

i 11 i i I 11 i 11 i i i i 11 11 i i i

i

-8
Quarterly (I)

120 ~

New Orders

A

dT

>

[T*

-

11111111111

i > 1 1 1 1 1 1 1 1 1

1971

1972

1973

-

80

60

Census

•-• • !

-

-

11111111111
1971

**Seasonally Adjusted at Annual Rates

U.S. Department of Commerce, Bureau of Economic Analysis



16

s

100

Shipments

Monthly (Mar.)

Standard and Poor's 500

N

f

iirrii11111

*Seasonally Adjusted

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

/

40

36

24

STOCK PRICES

DURABLE GOODS
MANUFACTURERS*

BLS

Percent

1941-43=10
140

44

?R

null

Monthly (Apr.)

FRB

Billion $

32

3-Month
Treasury Bills

1 1 1 1 1 1 1 1 1 111M1111111
1
1972
Monthly (Apr.)

1973

-8
1971

1972
Quarterly (I)

1973
BLS

SUEVEY OF CURRENT BUSINESS

May 1973

NATIONAL INCOME AND PRODUCT TABLES
1972

1971
1971

1972

I

IV

II

1973

III

I

IV

1971
1971

1972

1972

I

IV

Seasonally adjusted at annual rates

II

1973

III

IV

I

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)
1,050.4 1,151.8 1,078.1 1,109.1 1,139.4 1,164.0 1,194.9 1,237.9

741.7

789.5

754.5

766.5

783.9

796.1

811.6

827.3

664.9

721.0

680.5

696.1

713.4

728.6

745.7

773.6

495.4

524.6

503.2

511.0

520.9

528.7

537.8

550.3

103.5
278.1
283.3

116.1
299.5
305.4

106.1
283.4
290.9

111.0
288.3
296.7

113.9
297.2
302.4

118.6
302.0
308.0

120.8
310.4
314.5

130.4
322.6
320.6

92.1
211.1
192.2

102.8
220.5
201.3

95.4
212.8
195.0

98.6
214.7
197.7

100.7
220 1
200.0

104.5
221.9
202.3

107.4
225.4
205.0

115.4
228 8
206.2

152.0
148.3

180.4
174.5

158.8
157.2

168.1
167.7

177.0
172.0

183.2
175.2

193.4
183.1

199.7
192.9

108.6
105.9

124.0
119.4

112.0
111.3

116.6
116.3

122.0
118.0

125.5
119.3

132.0
124.0

134.1
129.1

105. 8
38.4
67.4

120.6
42.2
78.3

109.8
38.8
71.0

116.1
41.3
74.8

119.2
42.0
77.2

120.7
41.8
79.0

126.1
43.7
82.3

133.5
46.7
86.8

76.8
22.8
54.0

84.4
22.9
61.4

79.2
22.2
57.0

82.2
23.0
59.2

83.6
23.0
60.6

84.2
22.6
61.6

87.6
23.1
64.4

91.7
24.1
67.6

42.6
42.0
.6

54.0
53.2
.7

47.3
46.7
.6

51.6
51.0
.6

52.8
52.1
.6

57.0
56.1
.9

59.4
58.4
.9

29.1
28.7
.4

35.0
34.5
.5

32.1
31.7
.4

34.2
33.8
.4

34.4
34.0
.4

35.1
34.6
.5

36.4
35.8
.6

37.4
36.8
.6

Change in business inventories
Nonfarm. .
Farm

3.6
2.4
1.2

5.9
5.6
.3

1.7
.8
.9

.4
.1
.3

5.0
4.3

54.4
53.7
.8
8.0
7.9
.1

10.3
10.1
.2

6.8
6.5
.3

2.6
1.6
1.1

4.6
4.3
.3

.7
-.1

.3
-.1
.3

3.9
3.4
.5

6.2
6.2
.1

8.0
7.8
.2

4.9
4.8
.2

Net exports of goods and services

.7

-4.2

-2.1

-4.6

-3.4

-3.5

-2.2

.1

-1.9

-3.3

-2.8

-.7

-.9

.0

66.1
65.4

73.7
77.9

63.0
65.1

70.7
75.3

70.0
75.2

74.4
77.8

79.6
83.1

87.6
89.8

52.6
52.5

56.8
58.7

49.9
51.7

55.5
58.9

54.2
67.0

57.2
57.9

60.3
61.1

63.9
63.9

232.8

254.6

240.9

249.4

254.1

255.6

259.3

266.8

137.6

142.8

141.1

142.2

143.9

142.6

142.7

142.9

97.8
71.4
26.3

105.8
75.9
29.9

100.7
71.9
28.7

105.7
76.7
28.9

108.1
78.6
29.6

105 4
75 1
30.2

104.0
73.2
30.8

106.6
75.0
31.6

60.8

61 6

62.3

62.8

63.7

60 8

59.0

58 0

135.0

148.8

140.2

143.7

146.0

150.2

155.2

160.1

76.8

81.3

78.8

79.4

80.3

81.8

83.6

84.9

811.6
803.6
8.0

827.3
822.4
4.9

Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services

_

. -

Gross private domestic investment .
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential structures
Nonfarm
Farm .

Exports
Imports..
Government purchases of goods and services
Federal
National
Other

d e f e n s e . . .

S t a t e a n d local

_

.7
-5.2

.8
-1.8

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 inventoriesGoods output.

1,050.4 1,151.8 1,078.1 1,109.1 1,139.4 1,164.0 1,194.9 1,237.9
1,046. 7 1,145.9 1, 076.4 1,108. 6 1,134.4 1,156. 0 1,184. 6 1, 231. 0
3.6
.4
5.9
1.7
5.0
8.0
10.3
6.8

741.7

789.5

754.5

766.5

783.9

796.1

739.1
2.6

784.9
4.6

766.3
.3

780.0
3.9

789.8
6.2

495.5

542.6

504.8

517.6

537.1

550.4

565.1

591.3

393.8

423.7

753.8
.7
400.4

407.0

420.7

428.7

438.3

451.3

Final sales
Change in business inventoriesDurable goods
Final sales
Change in business inventories-

491.8
3.6

536.6
5.9

503.1
1.7

517.2
.4

532.1
5.0

542.4
8.0

554.8
10.3

584.5
6.8

391.2
2.6

419.1
4.6

399.7
.7

406.8
.3

416.7
3.9

422.5
6.2

430.3
8.0

446.3
4.9

195.7
194.6
1.1

222.5
217.3
5.2

198.2
200.1
-1.9

209.2
208.8
.4

217.6
214.6
3.0

226.1
220.7
5.4

237.0
225.1
11.9

246.5
240.3
6.3

164.5
163.8
.6

185.5
181.6
4.0

167.4
169.5
-2.1

175.0
174.8
.3

181.4
179.1
2.3

187.9
183.8
4.1

197.8
188.6
9.2

205.0
200.4
4.6

Nondurable goods
Final sales
Change in business inventories-.

299.8
297.3
2.5

320.1
319.3
.8

306.6
303.0
3.5

308.4
308.4
.0

319.6
317.5
2.1

324.3
321.7
2.6

328.1
329.7
-1.6

344.8
344.3
.5

229.4
227.3
2.0

238.1
237.5
.6

233.0
230.2
2.8

232.0
232.0
.0

239.2
237.6
1.6

240.9
238.7
2.2

240.5
241.7
-1.2

246.3
245.9
.4

Services..-.

443.9

482.3

456.3

467.3

477.3

487.3

497.3

507.1

278.4

291.1

282.3

285.2

289.3

293.2

296.7

297.1

Structures.

111.0

127.0

117.0

124.2

125.0

126.3

132.5

69.5

74.7

71.8

74.3

74.0

74.1

76.5

79.0

139.5

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national pro duct Private
Business
Nonfarm _
Farm
Households and institutionsRest of the world
General government

741.7

789.5

754.5

766.5

783.9

796.1

811.6

827.3

681.0

728.1

693.7

705.6

723.0

734.5

749.4

764.6

658.5
633.0
25.5

704.8
681.5
23.4

669.8
644.8
25.0

682.9
659.2
23.8

700.1
676.4
23.8

710.8
688.4
22.4

725.5
701.9
23.6

741.4
717.4

40.8

16.9

17.9

17.1

17.4

17.7

18.2

18.2

7.8

6.4

5.6

5.5

6.8

5.4

5.2

5.6

5.7

140.2

145.3

60.7

61.4

60.8

60.9

60.9

61.6

62.1

1,050.4 1,151.8 1,078.1 1,109.1 1,139.4 1,164.0 1,194.9 1,237.9
925.6 1,015.7

950.2

976.6 1,005.0 1,026.6 1,054.7 1,092.6

884.7
853.9
30.9

970.6
937.1
33.4

906.6
874.5
32.1

933.7
901.8
31.9

960.8
928.2
32.6

33.9

37.8

35.1

36.0

37.3

38.6

39.4

6.9

7.3

8.5

6.8

6.9

7.6

124.8

136.1

127.9

132.5

134.4

137.4

HISTORICAL

980.4 1,007. 4 1, 045. 3
947.4 971.2 1,005.6
33.0
36.3
39.8

STATISTICS

National income and product data for 1929-63 are in The National Income and Product Accounts of the United States, 1929-1965,
Statistical Tables (available at $1 from Commerce Department Field Offices or the Superintendent of Documents; see addresses inside
front cover). Each July SURVEY contains preliminary data for the latest 2 years and final data for the preceding 2. The July 1972 issue has
data for 1968-71. BEA will provide on request a reprint of final data for the years 1964-67. Prior July issues have final data as follows:
1964-65, July 1968; 1965-66, July 1969; 1966-67, July 1970; 1967-68, July 1971.



24.0
18.7
4.5
62.7

SUEVEY OF CUKRENT BUSINESS

10

1972

1971
1971

1972

I

IV

II

May 1973

1973
III

IV

1971

I*

1971

1972

Seasonally adjusted at annual rates

103.7

97.4

99.7

105.3

104.1

105.6

Compensation of employees..
107.2

Equals: Net national product.. 956.6 1,048.1 980.7 1,009.3 1,034.1 1,059.9 1,089.2 130.6

Less: Indirect business tax
and nontax liability-- 101.9
Business transfer pay4.6
ments
Statistical discrepancy.. - 4 . 8
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 personsInterest paid by government (net) and by
consumers
Dividends
Business transfer payments
Equals: Personal income

III

IV

I*

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

1,050.4 1,151.8 1,078.1 1,109.1 1,139.4 1,164.0 1,194.9(
93.8

II

Billion of dollars

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

Less: Capital consumption
allowances

I

IV

1973

Seasonally adjusted at annual rates

Billions of dollars

Gross national product

1972

110.1

105.6

106.7

108.7

111.4

113.7

116.4

4.9
-.8

4.7
-5.2

4.8
-4.1

4.9
-.1

5.0
2.3

5.0
-1.5

5.1
2.5

Wages and salaries
Private
Military
Government civilian.

2.2

.5

1.7

.7

1.2

1.6

1.8

855.7

935.6

876.2

903.1

922.1

943.0

78.6

88.2

79.4

81.8

86.1

89.6

95.6

99.0

65.3

74.0

66.9

71.9

73.1

74.6

76.3

88.9

974.2 1007.1

.6

-.5

1.4

-1.4

-.5

-.2

.0

.0

89.0

99.1

92.1

94.4

95.7

97.7

108.5

109.4

31.1
25.4

31.6
26.4

30.9
25.2

30.9
26.0

31.8
26.2

31.7
26.5

32.0
26.7

32.9
27.3

4.6

4.9

4.7

4.8

4.9

5.0

5.0

5.1

861.4

935.9

881.5

907.0

922.1

939.9

974.6

993.9

644.1 705.3 660.4 682.7 697.8 710.2 730.3

757.0

573.5 626.5 587.3 606.6 620.0 630.6 648.8

668.1

449.7 491.9 460.9 475.8 487.1 494.8 510.0
19.4 20.6 I 19.4 20.8 20.5 20.4 20.6
104.4 114.0 107.0 110.0 112.4 115.4 118.1

524.6
21.8
121.6

Supplements to wages and salaries.. 70.7 78.8
Employer contributions for social
insurance
34.1 38.5

73.0

76.1

77.8

79.6

81.5

88.9

35.0

37.3

38.0

38.8

39.8

46.2

36.5

40.3

38.0

38.8

39.8

40.8

41.8

42.7

70.0

75.2

71.8

73.3

73.2

75.3

79.0

81.2

52.6
17.3

55.6
19.6

53.8
18.1

54.3
19.1

64.4
18.7

56.2
19.1

57.4
21.6

58.7
22.5

Rental income of persons.

24.5

25.6

25.0

25.2

24.2

26.2

26.9

26.5

Corporate profits and inventory valuation adjustment
_

78.6

88.2

79.4

81.8

86.1

89.6

95.6

99.0

83.3

94.3

83.2

88.2

91.6

95.7 101.5

113.1

37.3
45.9
25.4
20.5

41.3
53.0
26.4
26.6

35.3
48.0
25.2
22.7

38.8
49.5
26.0
23.5

40.1
51.5
26.2
25.3

41.8
53.9
26.5
27.3

Other labor income-

.9

855.7 935.6 876.2 903.1 922.1 943.0 974.2 1007.1

Proprietor's income

Business and professionalFarm

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

44.3
57.2
26.7
30.5

50.8
62.3
27.3
35.0

- 4 . 7 - 6 . 0 -3.9 - 6 . 5 - 5 . 5 - 6 . 1 - 5 . 9 - 1 4 . 1
38.5

41.3

39.7

40.1

40.9

41.7

42.5

43.4

Table 7.—National Income by Industry Division (1.11)
Table 5.—Gross Auto Product in Current and Constant Dollars
(1.15, 1.16)
Billions of current dollars
Gross auto product 1

Personal consumption
expenditures
Producers' durable equipment
Change in dealers' auto
inventories
Net exports.
Exports
Imports-._

40.9

43.1

38.8

39.9

41.5

46.0

44.9

51.2

35.4

39.3

35.9

36.9

38.2

41.6

40.6

44.8

6.2

6.9

6.3

6.5

6.7

7.3

7.2

7.9

1.4

-.7

-1.2

-.9

-.6

—.9

-.3

.8

-2.5
2.5
5.1

-2.9
3.0
5.9

-2.8
2.2
5.0

-3.0
2.7
5.7

-3.2
2.7
5.9

—2.5
3.4
5.9

-3.0
3.1
6.1

-2.7
3.6
6.3

35.7
7.8

37.6
8.6

34.0
7.4

34.4
8.5

36.2
8.7

41.1
8.0

38.7
9.3

43.3
10.9

40.9

46.0

All industries, total-

855.7 935.6 876.2 903.1 922.1 943.0 974.2 1007.1

Agriculture, forestry, and fisheries
Mining and construction
Manufacturing
Nondurable goods
Durable goods
Transportation
Communication
Electric, gas, and sanitary services
Wholesale and retail trade

26.5 29.1 27.4 28.5 28.2 28.5 31.1
54.2 57.8 55.7 57.5 57.3 57.5 58.8
223.2 249.0 226.8 238.0 245.6 250.2 262.1
90.3 98.4 91.7 94.8 96.3 99.2 103.2
132.9 150.6 135.1 143.1 149.3 151.0 158.9

Finance, insurance, and real estate

98.7 106.0 100.8 102.3 103.6 107.6 110.7

32.5 35.8 33.0 34.8 35.0 36.0 37.4
18.2 21.0 18.8 19.7 20.5 21.5 22.1
16.3 17.7 16.4 16.6 17.9 18.1 18.2
130.8 140.3 133.7 135.8 138.8 141.5 145.2

110.6 121.6 114.0 117.1 120.2 123.2 126.0
Services
Government and government enterprises
137.9 150.1 141.1 145.9 148.1 151.4 154.8
6.9
8.5
6.8
7.6
6.9
7.3
Rest of the world
7.8

Addenda:

New cars, domestic 2.
New cars, foreign

Billions of 1958 dollars
Gross auto product*

36.4

Personal consumption
expenditures
Producers' durable equipment
Change in dealers' auto
inventories..____
Net exports.
Exports ...
Imports..-

38.5

35.8

35.6

37.0

40.6

New cars, domestic .
New cars, foreign

31.4

35.1

33.1

32.9

33.9

36.6

36.9

40.2

5.6

6.3

5.9

5.9

6.1

6.6

6.6

7.2

1.3

-.6

-1.1

-.8

-.6

—.8

-.3

.7

-2.3
2.3
4.6

-2.6
2.6
5.2

-2.5
2.0
4.6

-2.7
2.4
5.0

-2.9
2.4
5.2

—2.2
3.0
5.2

-2.7
2.8
5.5

-2.4
3.2
5.6

32.5
7.1

34.3
7.9

31.9
6.9

31.4
7.8

32.8
7.9

37.1
7.2

36.1
8.7

39.9
10.1

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 ana
subject to revision next month.




All industries, total.

78.6

88.2

79.4

81.8

86.1

89.6

95.6

99.0

16.7

17.9

16.6

16.5

17.5

18.3

19.3

19.9

3.3
13.3

3.4
14.5

3.3
13.3

3.4
13.2

70.3

62.7

65.2

3.4
14.9
71.3

3.5
15.9
76.3

3.9
16.0

61.9

3.3
14.2
68.5

30.9 37.9 31.2
Manufacturing
16.8 19.0 16.9
Nondurable goods
14.1 18.9 14.3
Durable goods
Transportation,
communication,
9.0
8.2
7.6
and public utilities
22.9 23.4
All other industries

35.4
17.7
17.7

37.0
17.6
19.4

37.9
19.5
18.4

41.3
21.3
19.9

7.8
22.0

22.8

23.8

9.9
25.1

Financial institutions

Addenda:
2

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

Federal Reserve banks
Otherfinancialinstitutions..
Nonfinancial corporations.

79.1

SURVEY OF CURRENT BUSINESS

May 1973

1971

1972

I

IV

II

1971

1973

1972

1971

11

III

IV

1971

I*

1972

Seasonally adjusted at annual rates

-

580.3 638.6 593.5 613.7 631.9 643.7 665.2 689.3

-

60.3

67.7

63.0

64.8

68.0

68.4

69.5

70.6

56.9

61.0

58.9

59.2

60.2

61.7

63.0

64.7

Corporate profits and inventory
valuation adjustment
Profits before tax
Profits tax liability
Profits after tax.
Dividends
Undistributed profits
Inventory valuation adjustment-.

1.5

1.0

1.2

1.1

1.0

1.0

1.0

1.0

72.8 82.3 72.2 76.5 80.3 83.4 88.9 93.9
77.4 88.3 76.1 82.9 85.9 89.5 94.8 107.9
37.3 41.3 35.3 38.8 40.1 41.8 44.3 50.8
40.1 47.0 40.8 44.2 45.8 47.7 50.5 57.1
22.2 23.0 21.1 23.0 23.0 23.0 22.9 24.3
17.9 24.1 19.7 21.2 22.8 24.7 27.6 32.8
- 4 . 7 - 6 . 0 —3.9 - 6 . 5 —5.5 - 6 . 1 - 5 . 9 -14.1

100.4 114.7 103.8 109.0 113.8 116.1 120.0 127.7
Cash flow, gross of dividends
78.2 91.7 82.7 85.9 90.8 93.1 97.1 103.4
Cash flow, net of dividends
Gross product originating in
financial institutions
30.9 33.2 30.9 31.4 32.6 33.7 34.9 36.1
Gross product originating in
nonfinancial corporations
549.4 605.5 562.6 582.4 599.3 610.0 630.3 653.2
Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies

58.0

64.8

60.5

62.1

65.2

65.5

66.5

67.5

54.3

58.2

56.2

56.5

57.4

58.8

60.2

61.8

Income originating in nonfinancial
437.2 482.4 445.9 463.8 476.6 485.7 503.7 523.9
corporations
Compensation of employees
365.0 400.8 373.8 387.0 396.7 403.1 416.3 431.9
319.6 350.0 327.1 338.0 346.5 351.8 363.6 373.9
Wages and salaries
45.3 50.8 46.7 48.9 50.2 51.3 52.7 58.0
Supplements
Net interest
Corporate profits and inventory
valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment..
Cash flow, gross of dividends
Cash flow, net of dividends

16.1

17.3

16.6

16.8

17.1

17.4

17.7

92.5
73.9

97.5 101.5 103.2 106.4 113.8
77.2 81.3 83.0 86.2 92.4

Billions of 1958 dollars
Gross product originating in
nonfinancial corporations
438.8 475.7 447.3 459.6 471.7 478.9 492.5 504.7
Dollars
Current dollar cost per unit of
1958 dollar gross product
originating 2in nonfinancial
corporations
1.252 1.273 1.258 1.267 1.271 1.274 1.280 1.294
Capital consumption allowan
.132 .136 .135 .135 .138 .137 .135 .134
tnces
Indirect business taxes plus
payments less subsidies... transfer .124 .122 .126 .123 .122 .123 .122
Compensation of employees.
.832 .843 .836 .842 .841 .842 .845 .856
Net interest
.037 .036 .037 .037 .036 .036 .036 .036
Corporate profits and inventory valuation adjustment
.128
Profits tax liability
.067
Profits after tax plus inventory valuation adjustment.. .061

.135
.069
.066

.124
.061
.063

.130
.068
.063

.133
.098
.065

.136
.070
.066

.141
.072
.069

.147
.083
.064

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.
*See footnote on page 10.




I

Personal income..
Wage and salary disbursements
Commodity-producing industriesManufacturing
Distributive industries
Service industries..
Government
Other labor income
Proprietors' income
Business and professional
Farm
Rental income of persons
Dividends
Personal interest income
Transfer payments
Old-age, survivors, disability, and
health insurance benefits
State unemployment insurance
benefits
Veterans benefits
Other
Less: Personal contributions for
social insurance
Less: Personal tax and nontax payments
Equals: Disposable personal income...
Less: Personal outlays..
Personal consumption expenditures..
Interest paid by consumers
Personal transfer payments to foreigners
Equals:Personal saving
Addenda:
Disposable personal income:
Total, billions of 1958 dollars..
Per capita, current dollars...
Per capita, 1958 dollars
Personal saving rate,3 percent..

861.4
572.9
206.1
160.3
138.2
105.0
123.5
36.5
70.0
52.6
17.3
24.5
25.4
69.6

935.9
627.0
224.6
175.8
151.5
116.1
134.8
40.3

75.2
55.6
19.6
25.6
26.4
72.9

93.6 104.0

881.5
585.9
209.9
162.7
141.7
108.4
125.9
38.0
71.8
53.8
18.1
25.0
25.2
70.6

907.0
608.0
217.5
168.8
147.2
111.9
131.4
38.8
73.3
54.3
19.1
25.2
26.0
71.0
96.8 99.2
45.7 46.8

922.1
620.5
222.6
174.1
150.1
114.7
133.1
39.8
73.2
54.4
18.7
24.2
26.2
72.7
100.6

939.9
630.8
225.1
176.6
152.4
117.5
135.8
40.8
75.3
56.2
19.1
26.2
26.5
73.4
102.7

974.6
648.8
233.4
183.9
156.4
120.2
138.8
41.8
79.0
57.4
21.6
26.9
26.7
74.5
113.5

993.9
668.1
240.2
189.0
160.5
123.9
143.5
42.7
81.2
58.7
22.5
26.5
27.3
76.3
114.5

48.1

48.8

44.5
5.7
11.3
32.2

50.2
5.4
12.7
35.7

57.2

58.5

6.2
11.6
33.3

5.4
11.9
35.1

5.6
12.3
34.6

5.8
12.5
35.6

5.0
14.0
37.3

4.3
13.3
38.5

31.2

35.5

31.9

34.6

35.1

35.8

36.5

42.7

140.8 123.0 136.5 139.5 141.1 146.4
1.2
795.1 758.5 770.5 782.6 798.8
740.2 19.2 714.9 732.5 748.0 765.5
721.0 680.5 696.1 713.4 728.6 745.7
18.2 17.7 17.8 18.0 18.2 18.6
1.2
1.0
1.1 1.1
1.1
1.2
1.0
60.9 54.8 59.3 55.7 50.1 50.8 62.8

143.5
850.4
793.9
773.6
19.0

117.0
744.4
683.4
664.9
17.6

1.2
56.5

554.7 578.5 560.9 565.7 571.4 579.6 597.3 604.9
3,595 3,807 3,649 ,3,700 3,751 3,821 3,953 4,052
2,679 2,770 2,698 2,716 2,739 2,773 2,851 2,882
6.4
7.6
6.6
7.2
6.4
8.2
7.8

18.0

56.1 64.4 55.6 59.9 62.8 65.2 69.6 74.0
60.8 70.4 59.4 66.4 68.4 71.3 75.6 88.0
29.4 33.1 27.4 31.1 32.1 33.5 35.6 41.8
31.3 37.3 32.0 35.4 36.3 37.7 39.9 46.3
19.5 20.2 18.6 20.3 20.3 20.2 20.2 21.4
11.9 17.1 13.5 15.1 16.0 17.5 19.8 24.9
- 4 . 7 - 6 . 0 - 3 . 9 - 6 . 5 —5.5 - 6 . 1 - 5 . 9 -14.1
89.3 102.2
69.8 81.9

III IV

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

Income originating in corporate busi163.1 510.0 471.6 489.8 503.7 513.7 532.7 553.9
ness
388.8 426.7 398.2 412.2 422.4 429.3 442.7 459.0
Compensation of employees
340.2 372.3 348.1 359.7 368.6 374.3 386.4 397.0
Wages and salaries
48.6 54.4 50.1 52.5 53.8 55.0 56.4 62.0
Supplements
Net interest

II

Billions of dollars

Table 9.—Gross Corporate Product i (1.14)

Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies

I

IV

1973

Seasonally adjusted at annual rates

Billions of dollars

Gross corporate product

1972

Table 11.—Personal Consumption Expenditures by Major Type (2.3)
Personal consumption expenditures.
664.9 721.0 680.5 696.1 713.4 728.6 745.7 773.6
Durable goods
Automobiles and parts
Mobile homes
Furniture and household equipment
Other
Nondurable goods .
Food and beverages
Clothing and shoes .
Gasoline and oil
Other
Services
Housing
Household operation
Transportation.
. .
Other

103.5 116.1 106.1 111.0 113.9 118.6 120.8 130.4
46.7
3.3

52.8
4.0

47.9
3.5

49.9
3.9

51.3
4.1

54.8
3.7

55.2
4.3

60.1
4.8

42.0
14.8

47.6
15.7

43.5
14.7

46.5
14.7

46.8
15.7

47.9
15.9

49.1
16.5

53.0
17. 2

278.1 299.5 283.4 288.3 297.2 302.0 310.4 322.6
136.4 144.7 137.9 140.3 144.1 145.8 148.5 154.3
56.9 62.0 58.5 59.4 61.5 62.6 64.5 68.3
23.5 25.2 24.3 24.6 24.5 25.4 26.3 27.1
61.3 67.6 62.8 64.0 67.1 68.2 71.0 73.0
283.3 305.4 290.9 296.7 302.4 308.0 314.5 320.6
99.2 107.2 102.5 104.2 106.1 108.1 110.2 112.4
39.5 43.3 40.7 41.2 42.7 44.0 45.1 45.7
19.9 21.7 20.4 21.0 21.5 21.9 22.4 23.0
124.8 133.3 127.3 130.3 132.0 134.0 136.9 139.5

Table 12.—Foreign Transactions in the National Income and
Product Accounts (4.1)
Receipts from foreigners..
Exports of goods and services
Capital grants received by the United
States
Payments to foreigners
Imports of goods and services
Transfers to foreigners.
Personal
Government
Net foreign investment-

66.9
66.1

74.4

63.7

71.5

70.7

75.1

80.3

87.6

73.7

63.0

70.7

70.0

74.4

79.6

87.6

.7

.7

.7

.7

.0

80.3

87.6

.7

.7

.7

66.9

74.4

63.7

71.5

70.7

75.1

65.4

77.9

65.1

75.3

75.2

77.8

3.8
1.1
2.8

3.8
1.2
2.6

3.6
1.0
2.6

3.7
1.1
2.6

4.0
1.1
2.9

3.8
1.0
2.8

89.8
3.3
1.2
2.2

3.2
1.2
2.0

- 2 . 1 - 7 . 1 —5.4 —7.7 - 8 . 3 - 6 . 5 - 6 . 1 - 5 . 5

SURVEY OF CURRENT BUSINESS

12

1972

1971
1971

1972

I

IV

II

May 1973

1973
III

IV

1971

I*

1971

1972

IV

Seasonally adjusted at annual rates

93.8 105.8 107.3 109.1 113.6 109.6
31.1 34.0 35.2 36.7 38.9 44.5

Federal Government expenditures

19.7 20.2 20.6 20.8
62.6 63.8 65.3 77.6
220.8 246.8 227.5 236.3 246.5 241.6 262.7 260.0

Purchases of goods and services
National defense
Other

97.8 105.8 100.7 105.7 108.1 105.4 104.0 106.6
71.4 75.9 71 9 76.7 78.6 75.1 73.2 75.0
26.3 29.9 28.7 28.9 29.6 30.2 30.8 31.6

Transfer payments
To persons
To foreigners (net)

75.0
72.4
2.6

83.4
80.8
2.6

77.8
74.9
2.9

79.4
76.6
2.8

80.4
77.6
2.8

82.0
79.4
2.6

91.8
89.6
2.2

92.3
90.3
2.0

Grants-in-aid to State and local governments

29.3

37.9

30.8

32.4

38.1

34.4

46.5

41.8

Net interest paid

13.6

13.6

13.3

13.1

13.8

13.6

13.7

14.2

20.5
55.9

20.1
63.4

20.8
57.0

19.9
61.7

Subsidies less current surplus of government enterprises

5.2

6.1

5.0

5.6

6.0

6.2

6.7

5.0

Less: Wage accruals less disbursements

.0

.0

.1

.0

-.1

.0

.0

.0

Surplus or deficit (—), national in- 2 1 . 7 - 1 8 . 1 - 2 4 . 7 - 1 4 . 8 - 2 1 . 6 - 1 1 . 8 - 2 4 . 3 —7.5
come and product accounts
Table 14.—State and Local Government Receipts and Expenditures
(3.3, 3.4)

31.9
5.1

29.2
4.1

30.6
4.7

32.1
4.9

32.0
5.1

32.8
5.4

33.9

90.0
10.6
37.9

84.8
9.8
30.8

86.8
10.2
32.4

89.0
10.5
38.1

91.2
10.7
34.4

93.1
11.0
46.5

95.6
11.3
41.8

State and local government expenditures
147.0 162.7 152.7 157.7 159.9 164.0 169.3 174.5
Purchases of goods and services
135.0 148.8 140.2 143.7 146.0 150.2 155.2 160.1
Transfer payments to persons
16.6 18.3 17.2 17.8 18.1 18.4 18.8 19.2
Net interest paid
-.1 -.1 -.1
.0
.0 - . 1 - . 3 - . 4
Less: Current surplus of government
enterprises
4.3
4.4
4.4
4.3
4.4
4.4
4.5
4.5
Less: Wage accruals less disburse-.2
ments
.2
.0
.4
-.6
-.1
.0
.0
4.8

12.7

6.0

7.1

14.8

9.4

19.5

14.5

Personal saving
Undistributed corporate profits
Corporate inventory valuation adjustment
Corporate capital
consumption
allowances.
Noncorporate capital consumption
allowances. _
Wage accruals less disbursements..

Durable goods
Nondurable goods.
Services

112.4 112.9 111.3 112.6 113.0 113.5 112.4 113.0
131.7 135.8 133.2 134.2 135.0 136.1 137.7 141.0
147.4 151.8 149.2 150.1 151.2 152.2 153.4 155.5

Gross private domestic investment
Fixed investment

140.0 146.1 141.2 144.2 145.8 146.9 147.7 149.4

Nonresidential.

137.7 142.9 138.6 141.3 142.6 143.5 144.0 145.6

Structures
_
Producers' durable equipment-.
Residential structures.
Nonfarm
Farm

168.4 184.0 174.9 179.3 182.7 185.0
193.8
124.7 127.5 124.5 126.5 127.4 128.3 127.8 128.4

170.8 178.9 176.5 171.6 174.9 176.0 192.9 184.7
60.9
20.5

54.8
26.6

59.3
22.7

55.7
23.5

50.1
25.3

50.8
27.3

62.8
30.5

56.5
35.0

-4.7 - 6 . 0 -3.9 - 6 . 5 - 5 . 5 - 6 . 1 - 5 . 9 -14.1
60.3

67.7

63.0

64.8

68.0

68.4

69.5

70.6

33.5
.4

36.0
-.3

34.4
.9

34.9
-.8

37.3
-.3

35.8
-.1

36.2
.0

36.6

.0

Change in business inventories.
125.8 129.7 126.3 127.4 129.1 130.1 132.1 137.0
124.5 132.6 126.0 128.0 131.9 134.3 136.0 140.6

ExportsImports.

Government purchases of goods and
services _
169.1 178.2 170.7 175.4 176.6 179.2 181.7 186.6
160.8 171.8 161.5 168.2 169.9 173.4 176.2 183.7
175.7 183.1 178.0 181.0 181.9 183.6 185.6 188.6

Federal
State and local.

Table 17.—Implicit Price Deflators for Gross National Product by
Major Type of Product (8.2)
Gross national product.
Final sales
Goods output..

149.8 173.3 153.4 160.5 168.7 176.7 187.3 194.2

Gross private domestic investment. 152.0 180.4 158.8 168.1 177.0 183.2 193.4 199.7
Net foreign investment_.
-2.1 -7.1 -5.4 -7.7 -8.3 -6.5 -6.1 -5.5
Statistical discrepancy.
-4.8 - . 8 -5.2 -4.1 - . 1
2.3 - 1 . 5
2.5




141.61 ,45.8, 142.88 144.68 .45.34 146.21 147.23 1.62
141.6 146.0 142.8 144.7 145.4 146.4 147.4 149.7
125.8 128.1 126.1 127.2 127.7 128.4 128.9 131.0

Durable goods
Nondurable goods..
Services

119.0 119.9 118.4 119.5 119.9 120.4 119.8 120.3
130.7 134.4 131.6 132.9 133.6 134.6 136.4 140.0

Structures..

159.9 169.9 162.9 167.1 168.8 170.4 173.1 176.6

Addendum:
Gross auto product.

112.5 111.9 108.3 112.1 112.3 113.3 110.0 111.3

159.4 165.7 161.6 163.8 165.0 166.2 167.6 170.7

Table 18.—Implicit Price Deflators for Gross National Product by
Sector (8.4)
141.61 145.89 142.88 144.68 145.34 146.21 147.23 149.62
135.91 139.49 136.98 138.40 139.00 139.77 140.73 142.89

Business. . .
Nonfarm
Farm

134.3 137.7 135.3 136.7 137.2 137.9 138.9 141.0
134.9 137.5 135.6 136.8 137.2 137.6 138.4 140.2
120.8 143.1 128.1 134.1 137.2 147.7 153.7 165.7

Households and institutions
Rest of the world

200.7 211.8
205.7 221.8 210.1 217.5 220.7 223.1 225.6 231.6

General government

. . .

Table

National Product:
Period (7.7)

19.—Gross

Change

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

from

Preceding

Percent at annual rate

Percent

7.0

Federal-.
- 2 1 . 7 - 1 8 . 1 - 2 4 . 7 - 1 4 . 8 - 2 1 . 6 - 1 1 . 8 - 2 4 . 3 —7.5
4.8 12.7
6.0
7.1 14.8
9.4 19 5 14.5
State and localCapital grants received by the United
States
.7
.7
.7
.7
.7
.7
.7
.0

*See footnote on page 10.

146.3 154.0 147.5 151.0 153.3 155.0 156.5 158.8
146.3 154.1 147.6 151.1 153.4 155.1 156.6 158.9
140.9 148.2 141.7 145.6 147.3 148.8 150.2 152.4

Net exports of goods and services..

Private

Government surplus or deficit (—),
national income and product
accounts..
- 1 6 . 9 - 5 . 4 -18.7 - 7 . 7 - 6 . 9 - 2 . 4 - 4 . 8

Gross investment

141.61 145.89 142.88 144.68 145.34 146.21147.23 149.62

Personal consumption expenditures... 134.2 137.4 135.2 136.2137.0 137.8 138.7 140.6

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

I

151.8 175.4 158.7 164.8 174.6 173.4 188.8 188.9

Personal tax and nontax receipts
27.4
Corporate profits tax accruals. _
4.2
Indirect business t a x a n d nontax
accruals
81.4
Contributions for social insurance
9.4
Federal grants-in-aid
. . 29.3

Surplus or deficit ( - ) , national income and product accounts

IV

11.0

15.2

8.0

2.8
3.1

8.0
6.6
7.3

8.9

11.4

15.2

6.5

8.4

8.4
6.3
6.8

7.6
2.7

9.7
6.4

8.3
6.7

12.0

11.4

6.5

9.4

8.9
6.3

4.7
5.0

3.0
3.7

1.5
2.1

5.1
5.6

1.8
2.7

2.4
3.1

11.6

12.1
10.2
1.7
2.3

7.4

9.7

8.3

3.0

6.9

7.2

4.3
4.5

2.6
3.1

1.0
1.4

7.1

4.2
4.4

2.2
2.9

1 OQO

State and local government receipts

III

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

199.1 228.6 202.8 221.4 224.9 229.8 238.4
89.6 109.0
33.1 36.2

II

Index numbers, 1958=100

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

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

I

1973

Seasonally adjusted

Billions of dollars

Federal Government receipts.

1972

SUKVEY OF CUKRENT BUSINESS

May 1973

13

Public and Private Debt—1965-72
The net total of public and private
debt stood at almost $2% trillion at the
end of 1972. Public debt—liabilities of
Federal, State, and local governments
and Federal financial agencies—
amounted to 25 percent of total debt,
while corporations were liable for 43
percent, and individuals, including
those owning unincorporated enterprises, were liable for 32 percent.
The increase in net public and private
debt last year was $209 billion, a
substantial pickup from the 1971 gain
of $164 billion. The acceleration of debt
formation centered in private debt,
which rose $177 billion last year as
compared with $120 billion in 1971.
Corporations were responsible for about

half of this acceleration, as they added
$94 billion to their debt in 1972, more
than two-fifths above the $65 billion
increase in 1971. In the individual
and non-corporate sector, almost all
categories reported larger debt increases
in 1972 than in 1971, but the acceleration was particularly marked in: (1)
financial debt, which increased nearly
$10 billion in 1972 as compared with $4
billion in 1971; (2) consumer credit,
which rose $19 billion in 1972 as compared with $11 billion in 1971; and (3)
mortgage debt on nonfarm residential
properties with one to four housing
units, which rose $37 billion in 1972 as
compared with $25 billion in 1971.
Public debt increased only $32 billion

last year, after having increased $44
billion in 1971. The Federal Government added only $15 billion to its
obligations in 1972, as compared with
$25 billion in 1971. Federal financial
agencies' debt rose only $1 billion
last year, as compared with more than
$3 billion in 1971. The rise in State and
local government debt slowed to only
$13}£ billion in 1972 from $18 billion in
1971.
The tables presented here update the
statistics on debt that have appeared
in previous issues of the SURVEY.
Revisions have been made in the data
back to 1965. Data back to 1955 are
in the May 1970 SURVEY and data for
earlier years are in the May 1969
SURVEY.

Net and Gross Public and Private Debt, End of Calendar Year, 1965-72

[Billion dollars]
Public

Private
Individual and noncorporate

Corporate

End of year

Total

Federal
financial
Total Federal
agen-2
cies

Total

Total

Long
term 3

Notes
and accounts
payable

Nonfarm
mortgage

Farm «

Short term 3
State
and
local

Total
Produc- Mortgage
tion

Other

Other nonfarm

Multifamily
1- to 4- residen- Com- Finanfamily tial and mercial cial 5
commercial

Consumer

Net Public and Private Debt
1965
1966
1967.
1968.
1969.
1970.
1971.
1972.

1,234. 6
1,338. 7
1,438. 7
1, 582. 5
1,735.0
1,854.1
2,018.3
2,227.3

373.7
387.9
408.8
437.1
452.4
484.7
528.7
560.2

266.4
271.8
286.5
291.9
289.3
301.1
325.9
341.2

8.9
11.2
9.0
21.4
30.6
38.8
39.8
42.6

98.3
104.8
113.4
123.9
132.6
144.8
163.0
176.5

870.0
950.8
1,029.9
1,145.4
1,282.6
1,369.4
1,489.6
1,667.0

454.3
506.6
553.7
631.5
734.2
793.5
858.6
952.3

209.4
231.3
255.6
283.6
323.5
360.2
401.6
446.6

138.6
155.5
166.6
190.1
221.9
226.7
227.8
240.8

106.3
119.8
131.5
157.8
188.8
206.7
229.2
265.0

415.7
444.2
476.2
513.9
548.4
575.9
631.0
714.7

18.1
19.1
22.8
24.3
26.0
27.5
30.3
32.4

21.2
23.3
25.5
27.5
29.5
31.2
32.9
35.4

208.7
219.6
232.0
246.5
261.5
274.6
299.7
336.4

28.1
32.0
34.9
38.4
42.4
46.3
52.9
61.4

27.0
29.4
31.1
33.4
35.6
35.8
39.6
44.5

22.7
24.5
29.1
33.0
32.3
33.3
37.3
47.0

89.9
96.2
100.8
110.8
121.1
127.2
138.4
157.6

18.1
19.1
22.8
24.3
26.0
27.5
30.3
32.4

21.2
23.3
25.5
27.5
29.5
31.2
32.9
35.4

208.7
219.6
232.0
246.5
261.5
274.6
299.7
336.4

28.1
32.0
34.9
38.4
42.4
46.3
52.9
61.4

27.0
29.4
31.1
33.4
35.6
35.8
39.6
44.5

22.7
24.5
29.1
33.0
32.3
33.3
37.3
47.0

89.9
96.2
100.8
110.8
121.1
127.2
138.4
157.6

Gross Public and Private Debt
1965.
1966.
1967.
1968.
1969.
1970
1971.
1972.

1,401. 4
1, 514.4
1,631.8
1, 794.4
1.980.3
2,119. 5
2.305.4
2, 542. 6

442.7
464.0
491.8
522.9
549.7
589.6
642.3
684.4

330.7
343.3
364.9
373.1
382.0
401.6
435.2
461.1

8.9
11.2
9.0
21.4
30.6
38.8
39.9
42.6

103.1
109.4
117.9
128.4
137.1
149.2
167.3
180.7

958.7
1,050.4
1,140.1
1,271.5
1,430. 5
1, 529.9
1, 663.1
1,858.1

543.0
606.1
663.9
757.6
882.1
954.0
1,032.1
1,143.4

253.1
279.6
309.1
343.3
392.1
436.7
487.0
540.3

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.
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
1968
Cooperatives are included beginning with 1968.



166.3
186.5
199.9
228.1
266.3
272.0
273.3
288.9

123.6
140.0
154.9
186.2
223.8
245.3
271.8
314.2

415.7
444.2
476.2
513.9
548.4
575.9
631.0
714.7

3. Long-term debt is debt having a maturity of 1 year of 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, Bureau of Economic Analysis; 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 BARBARA L. MILES and THOMAS R. ROBINSON

Residential Construction Boom, 1970-73
CHART 8

Residential Construction and
Mobile Homes
Million units (Ratio scale)
4

_T OLLOWING a sharp contraction in
1969 and early 1970, residential construction began to recover in the spring
of 1970. The recovery carried starts
from 1.3 million units (seasonally adjusted annual rate) in the first quarter
of 1970 to 2.4 million in the first quarter
of 1972, a rate maintained through the
first quarter of 1973. Residential construction spending doubled from the
level of early 1970 to an annual rate of
$59% billion in the first quarter of this
year, and the flow of residential mortgage credit more than tripled, reaching
an annual rate of $53 billion in the
fourth quarter of 1972 (the latest for
which data are available).
The current outlook is that the record
starts rate of the past year or so is not
sustainable. In the opening months of
this year, the monetary authorities
have been tightening credit, short-term
interest rates have been rising sharply,
and flows of funds to the thrift institutions have been slowing even though
they continue large by historical standards. Inventories of new one-family
homes are quite high relative to sales,
and the median time from start to sale
has risen over the past few months.
In the rental market, vacancy rates,
while remaining fairly low by historical
standards, have generally been on the
rise, and the percentage of new apartments absorbed into the market within

3 months of completion has been on the
decline. Moreover, softness in the rental
market is likely to become more apparent when the large number of
apartment units still under construction are completed.
In addition to these factors, the level
of Government subsidy support to
housing production is expected to be
less in 1973 than last year because of the
mcratorium on new commitments. Also,
the strong expansion in construction has
put severe pressures on supplies of some
essential building materials, particularly
lumber, and in some areas authorities
have refused building permits until
builders plan construction of adequate
sewage lines and meet other environmental standards.
This article describes the recovery of
homebuilding activity which began in
early 1970, and its distinguishing characteristics. These include the renewed
strength in single-family homebuilding,
the uneven regional pattern of starts
that saw very strong growth in the
South, the move toward condominiums,
and unusually strong growth in mortgage lending. The article further describes the greatly expanded Federal
involvement in housing production
through subsidy programs and the
enlarged Federal role in mortgage
financing.

Homebuilding Activity and Mortgage Lending
1964 65

66

67

68

69

70

71

72 73

Seasonally Adjusted at Annual Rates
Data: Census
U.S. Department of Commerce, Bureau of Economic Analysis

14




73-5-8

AT the start of the homebuilding boom,
there was substantial potential demand
for housing. The annual increase in the
number of households had accelerated

sharply in the late 1960's, as the children born in the baby boom after World
War II formed their own families. Net
household formation in the late 1960's

May 1973

averaged 1% million yearly, an increase
of about 50 percent from the average of
the early and mid-1960's. However,
housing production was weak, largely
because credit stringency in 1966 and
again in 1969 curtailed mortgage lending and raised mortgage interest rates.
The spurt of homebuilding between
those two periods was much too short
and far too small to meet the housing
needs of- the expanding population. For
example, in 1968, a good year for homebuilding, total starts were only a little
over l}{ million and the net addition to
the housing stock was significantly less
because of normal attrition from demolitions, fires, and other causes. With
production weak and family formation
strong, vacancy rates declined; by 1970
the rental vacancy rate was b}{ percent,
well below the 8% to 9 percent rates of
the first half of the 1960's. Thus, the
stage was set for a big expansion in
homebuilding when mortgage credit
became more available and mortgage
interest rates declined.
Housing starts since 1970
Housing starts began to rise in early
1970 and rose steadily for the rest of
that year and throughout 1971. Starts
totaled just under 1.5 million in 1970,
2.1 million in 1971, and a record 2.4
million in 1972 (chart 1). By the spring
of 1973, the boom was nearly 3 years
old and the strongest on record. In
addition to starts of conventional housing units, there was a strong and steady
rise in shipments of mobile homes,
which totaled 400,000 in 1970, 500,000
in 1971, and a record 570,000 last year.
It is uncertain just how many of these
units are actually used for housing
purposes, but because of their relatively
low purchase price (averaging about
$7,000 in 1972), they are an important
source of low-cost housing. If all new
mobile homes are thought of as singlefamily units, they accounted for about
30 percent of the new supply of singlefamily homes in 1971 aad 1972.
The increase in starts since 1970 has
been strong in all four major regions
of the country, but for the 3-year
period as a whole the most vigorous
growth has been in the South. In 1971,
when the recovery was gathering momentum, the most rapid growth was in



SURVEY OF CURRENT BUSINESS

15

the West, where starts increased 56
percent to 490,000 units. They increased 46 percent to 440,000 units in
the North Central region, 41 percent
in the South to 880,000 units, and 21
percent in the Northeast to 270,000.
In the West and North Central regions,
starts peaked in early 1972, leveled off,
and then declined slightly; for the year
as a whole these two regions showed
very little increase. In the South,
starts increased 21 percent from 1971
to 1972 but leveled off by yearend; in
the Northeast starts increased 23 percent, about the same as in 1971, and
also peaked at yearend.
The South has for many years accounted for the biggest share of starts.
During the recent expansion, its share
increased sharply, from about 40 percent in the late 1960's to 45 percent
in 1972 (table 1). This is in contrast to
the late 1960's when the West accounted
for most of the growth and sharply increased its share of homebuilding. The
strong starts rate in the South reflected
rapid economic growth in the past few
few years and the attendant need to
house an expanding population. Within
the South, homebuilding was particularly strong in Florida and Texas;
Florida accounted for more homebuilding in 1972 than any other State, and
Texas, which had about half the activity of Florida, ranked third. The
second-ranking State was California;
these three States accounted for nearly
one-third of the total in 1972 compared
to about one-fourth in 1971 and 1970.

units increased about as rapidly as
supply. Rental vacancy rates, which
had been on a downtrend during most
of the 1960's, leveled off in late 1970
and began to rise only slightly in late
1971 (chart 2). The rate inched up
throughout 1972, but at yearend it was
still well below the rates of the early
and mid-1960's in spite of the unusually high rate of completions. There
was little change in the characteristics
of apartment buildings constructed
during the boom. Nearly all of the
apartment buildings started (97 percent) had one to three floors, and those
low-rise buildings accounted for about
80 percent of all new units.
Starts in single-family homes increased from 815,000 units in 1970 to
1.3 million in 1972. The strength of
demand for single-family homes is also
apparent in the data on new home sales.
CHART 9

Rental Vacancy Rates
Percent

5 i . . I . i . I . . . ! . . i I i . . I

REGIONS

South

Starts by structure size
Starts of both single-family homes
and units in multiunit structures increased about 60 percent in the current
boom. This represents a departure from
the trend toward greater emphasis on
multiunit housing construction relative
to single-family homebuilding, and is
in sharp contrast to the recovery following the 1966 slump. In the 2 years of
that recovery, starts in multiunit structures increased 55 percent while starts
of single-family homes increased only
15 percent.
Starts in multiunit buildings increased from 650,000 units in 1970 to
1.1 million units in 1972. Throughout
the recovery, demand for new rental

, ,1
1968

I
69

I
70

71

_L

I
72

73

Four Quarter Moving Average of Unadjusted Data
Data: Census
U.S. Department of Commerce, Bureau of Economic Analysis

73-5-9

SURVEY OF CURRENT BUSINESS

16

May 1973

Table 1.—Regional Distribution of Starts by Type of Structure

of a new detached house, and thus increased lumber prices have had considerable impact on overall construcSouth
West
North Central
Northeast
tion costs.
In structures
In structures
In structures
In structures
with:
with:
with:
with:
The Census Bureau's index of selling
All
All
All
All
units
units
units
units
prices
of new one-family homes rose
5 or
1
5 or
1
1
5 or
5 or
1
more
more
more
unit
unit
unit
more
unit
about 3% percent in 1970, 5 percent in
1971, and 6% percent in 1972. This
43.1
24.6
23.5
27.9
39.0
32.0
18.1
16.5
19.0
18.3
1965
21.0
16.9
price index aims to measure changes in
24.3
42.8
37.5
16.7
16.3
20.2
24.7
26.0
40.5
16.3
17.0
17.7
1966
. .43.2
40.2
17.2
25.3
35.6
16.4
19.4
26.1
27.9
17.0
16.6
15.0
1967
transactions prices (including land,
41.6
41.6
19.5
18.9
19.4
14.9
15.1
24.5
24.8
24.0
41.0
15.0
1968
42.2
22.1
22.6
25.8
38.7
12.2
23.8
40.1
23.3
14.0
20.1
15.1
1969
construction costs, selling expenses,
46.4
20.7
20.5
38.6
21.7
19.3
15.2
17.3
20.5
23.5
13.9
1970.
42.7
42.3
45.7
39.0
23.7
21.1
25.6
12.9
12.6
13.2
21.2
20.7
22.2
1971
etc.), for new homes with like character46.8
19.6
17.8
44.9
44.3
22.4
18.8
15.4
20.8
1972
14.0
13.0
22.5
istics—that is, it attempts to abstract
Source: Census
from changes in quality, such as size,
Just before the recovery began in early factor figuring in the strength of the materials, or facilities. Another Census
1970, the new home sales rate was low; single-family home market was the Bureau measure, the median sales
inventories were also low, but they introduction of new homeownership price of new homes, is not adjusted
nevertheless averaged nearly 6% months subsidy programs (which are discussed for quality changes. This measure rose
of sales. With the easing of credit below). Prior to 1970, only a small 7% percent in 1971 and 8 percent in
conditions, sales increased rapidly while part of the single-family home market 1972, but dropped 8% percent in 1970.
That decline was related to a 9% perinventories lagged, and in early 1971 was subsidized.
inventories averaged only 4% months of
The strong expansion of residential cent shrinkage in the median size of
sales. The increase in the sales rate construction from 1970 to 1973 resulted new homes and reflected the impact of
subsequently slowed and inventories in heavy demands for building sites and new Federal subsidy programs for lowexpanded; by late 1972, the ratio of materials; land and building costs rose and moderate-income housing. In 1971
new homes for sale to homes sold once strongly, and prices of new single- and 1972, the change in the subsidized
again averaged 6% months of sales, but family homes increased. The effect of share of single-family home constructhis time at a much higher level of price increases, particularly on low- tion was less pronounced and the
activity than at the beginning of the priced homes, is evident from the data median size of new homes rose, although
recovery.
in Table 2: only about 2 percent of new not as rapidly as the median sales price.
The sales rate for single-family homes single-family homes sold for under Changes in ownership patterns
was boosted by a sharp drop in the $15,000 last year. The sharpest increases
In the past, it has been conventional
median ratio of downpayment to sales in costs early in the recovery were for
price in 1970. For the Nation as a labor. Average hourly earnings in con- to equate single-family home conwhole, the median downpayment fell struction rose 9.3 percent in 1970. In struction with the ownership market,
from 12.3 percent of sales price in 1969 April 1971, the Construction Industry and multiunit construction with the
to 6.6 percent in 1970, and downpay- Stabilization Committee was organized rental market. Although this convenments remained low in 1971 (data for for the purpose of moderating wage in- tion has never been quite accurate, it
1972 are not yet available). The drop creases. Hourly earnings rose 8.5 per- has become even less so in recent years
was sharp in the South, West, and cent in 1971 and 6.4 percent in 1972. because of the rising importance of
North Central regions of the country Early in 1971 price increases for some condominiums and cooperatives. Inand slight in the Northeast. At the materials became pronounced. Costs of creases in land and construction costs
same time that downpayments de- lumber, and especially softwood lumber have led to this higher density conclined, mortgage loan maturities began and plywood, rose particularly sharply. struction of ownership housing. Conto lengthen so that increases in monthly Lumber is generally estimated to ac- dominium units generally are in multipayments were held down. Another count for about 15 percent of the cost unit apartment buildings (generally
large apartment buildings or "townTable 2.—Distribution of New 1-Family Homes Sold, by Sales Price
house" clusters *) in which each tenant
[Percent of total sales]
owns rather than rents his own unit.
This allows an apartment dweller to
Under
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
[Percent of U.S total of units started in each type of structure]

to
$19,999

$15,000

1965
1966
1967_
1968
1969
1970..
1971
1972

..

Source: Census



21
15
11
8
6
4
3
2

to
$24,999
29
30
27
22
21
31
24
17

to
$29,999
22
21
21
22
21
23
22
21

to
$34,999

15
16
17
19
18
15
17
20

and
over

to
$39,999
7
9
11
13
13
10
11
13

3
5
5
8
9
7
9
11

3
5
7
9
12
12
14
17

1. "Townhouse" clusters are classified by the Bureau of
the Census as multiunit structures because they fail to meet
the definition of a single-family unit—i.e., a unit having a
separate entrance, separate plumbing, a ground to roof party
wall separating it from adjoining units, etc. "Townhouse"
clusters, which probably account for many units in modern
developments, are not to be confused with the traditional
townhouses or rowhouses which do meet the Census Bureau's
definition and are counted in the starts data as single-family
units.

SURVEY OF CUREENT BUSINESS

May 1973

gain the advantages of home equity,
and property tax and mortgage interest
deductions from his taxable income.
Surveys by the Builder's Economic
Council of the National Association of
Homebuilders indicate that although
condominium ownership was relatively
unknown outside of resort areas a few
years ago, by 1970 condominiums
constituted 11 percent of all starts of
ownership housing (single-family homes
and condominium units). Preliminary
figures indicate that as much as 30
percent of such starts in 1972 may
have been condominiums.
Residential
1970

mortgage lending since

After averaging about $18 billion per
year from 1965 through 1970, mortgage
debt expansion accelerated to $36%
billion in 1971 and $48 billion in 1972
(table 3). The savings and loan associations, commercial banks, and mutual
savings banks accounted for virtually
all of that acceleration; life insurance
companies reduced their holdings of
mortgages. After stepping up their
lending activity in 1969 and early 1970,
the major Federally sponsored credit
agencies slowed their acquisition rate
slightly and did not contribute to the
acceleration in mortgage lending
activity after 1970.
The savings and loan associations
(S. & L.'s), which account for the
largest share of mortgage lending,
nearly tripled their lending from 1970
to 1972 and accounted for about
three-fifths of the acceleration of mortgage debt expansion in this period. In
major part, the increased lending re-

flects the record flow of savings to
S. & L.'s—$32% billion in 1972 as
compared to $11 billion in 1970.
The largest part of the acceleration in
lending was for mortgages on structures
with 1 to 4 units, where S. & L. investment is concentrated by law, regulation,
and custom (table 4). However, the
S. & L.'s also more than doubled their
investment in multifamily mortgages
(table 4), and also used some of the
savings inflow to reduce their borrowing
from the Federal Home Loan Banks
(FHLB's). The reduction in borrowing
from the FHLB's would probably have
been much larger had the FHLB
Board not adopted a new policy in
1969-70 that encouraged S. & L.'s to
borrow to support their mortgage
lending. Under the new policy, loans by
the FHLB's to S. & L.'s carry a fixed
rate of interest and penalties for prepayment. Traditionally, borrowing from
the FHLB's had been viewed mainly
as a means of meeting unusual deposit
drains during tight credit periods, and
interest rates on borrowings were tied
to the cost of funds to the FHLB,
making this an expensive source of
funds. Thus, when savings flows improved, S. & L.'s traditionally used the
new funds ro repay borrowing before
they expanded their lending.
Regulatory changes adopted by the
FHLB Board have also been a factor
in the recent expansion in mortgage
lending by the S. & L.'s. In 1971, the
Board's regulations were changed to
allow associations to raise the maximum
loan on 1- to 4-unit structures from
90 to 95 percent of value, and on apartments from 75 to 80 percent, and the

Table 3.—Net Change in Residential Mortgage Credit Outstanding, by Lender
[Billions of dollars]
1965
Total.
Savings and loan associationsMutual savings banks
Commercial banks
Life insurance companies
Federal agencies *
All others 2
Memo: Net change in Federal Home Loan Bank
advances to member savings and loan associations. -.

1966

1967

1968

1970

1971

1972

19.0

13.5

16.1

18.8

20.4

19.2

36.8

47.9

8.2
3.6
3.4
2.7
.4
.7

3.4
2.1
2.5
2.1
2.8

6.9
2.4
2.7
.9
2.0
1.2

8.3
1.9
3.8
.3
2.7
1.8

8.9
1.9
3.6
.3
4.7
1.0

9.3
1.3
1.0
.6
5.8
1.2

21.0
3.0
6.4
-1.4
5.9
1.9

27.3
4.3
9.8
-1.8
5.3
3.0

.9

-2.5

4.0

1.3

-2.7

(*)

*Less than $50 million.
1. Mainly Federal National Mortgage Association, Government National Mortgage Association, and Federal Home
Loan Mortgage Corporation.
2. Includes households, State and local governments, credit unions, pension funds, and mortgage companies.
Source: Federal Reserve Flow-of-Funds Accounts.




17
CHART 10

Shares in Net Expansion of
Residential Mortgage Credit

AHOther*

Commercial
Banks

Savings and
Loan
Associations

1968

69

70

71

72

* Includes FNMA, GNMA, households, State and local governments,
credit unions, pension funds, and mortgage companies.

Data: FRB
U.S. Department of Commerce, Bureau of Economic Analysis

maximum loan term was increased for
both types.
Mortgage lending by commercial
banks also accelerated sharply from
1970 to 1972. Bank investment ranged
between $1 billion and $3% billion per
year from 1965 through 1970, but was
$6% billion in 1971 and almost $10 billion in 1972. Almost all of the acceleration in 1971 was in mortgates on one- to
four-unit structures; in 1972, banks also
stepped up their investment in mortgages on multifamily structures.
Mutual savings banks have increased
their residential mortgage lending since
1970, but the acceleration has been
much less than in the case of the
S. & L.'s and the commercial banks.
The mutuals have increased their lending on both one- to four-unit and multifamily structures; this contrasts somewhat with the pattern in the latter part
of 1960's when they added to holdings
of multifamily mortgages at a fairly
steady pace but slowed the rate at which
they acquired mortgages on one- to
four-unit structures. At that time, the

SURVEY OF CURRENT BUSINESS

18

Table 4.—Net Change in Mortgage Credit Outstanding by Structure Size, by Lender
[Billions of dollars]
1965

1966

1967

1968

1969

1970

1971

1972

1- to 4-Unit Structures
15.4

Total.

Savings and loan associations..
Mutual sayings banks
Commercial banks
Life insurance companies
Federal agencies
*
All others2

7.1
2.7
3.1
1.1
.4
1.0

10.4
2.9
1.6
2.4
.6
2.5
.4

12.5

15.3

6.0
1.8
2.4
-.5
1.8
.9

7.2
1.4
3.5
-.7
2.4
1.4

15.6

13.4

28.0

38.1

7.7
1.4
3.0
-1.1
4.0
.6

7.2
.9
.9
-1.3
5.0
.7

18.0
1.2
5.7
-2.1
4.5
.7

22.9
3.1
7.6
-2.3
3.8
3.0

9.8
4.4
1.2
2.2
.5
1.5

Multiunit Structures
Total.
Savings and loan associations.
Mutual savings banks
Commercial banks
Life insurance companies
Federal agencies *
All others 2

3.6

3.1

3.6

3.5

4.8

5.9

8.8

1.1
.9
.3
1.6

.5
.5
.1
1.5
.3
.2

.9
.6
.3
1.4
.2
2

1.1
.5
.3
1.0
.3
.3

1.2
.5
.5
1.4
.7
.5

2.1
.4
.1
1.9
.8
.6

3.0
1.8
.7
.7
1.4
1.2

(*)
-.3

(*)

(*) Less than $50 million.
1. Mainly Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan
Mortgage Corporation.
2. Includes mainly households and State and local government pension funds.
Source: Federal Reserve Flow-of-Funds Accounts.

mutual savings banks (which are permitted greater asset diversification than
the S. & L.'s) were adding substantially
to their holdings of corporate bonds.
In contrast, life insurance companies
have continued to cut their mortgage
lending. From 1965 to 1970, life insurance companies slowed their mort-




through to the tenants in the form of
lower rents. Two other rather minor
programs were started in 1968—grants
to colleges to provide housing for faculty
and married students (college housing),
and assistance in the form of interest
subsidy payments or rent supplements
to projects initiated under State programs without federally insured mortgages (uninsured State projects). There
was a start-up lag between the time the
new programs were initiated and the
time they began to have a significant
impact on the housing market, but by
1970, subsidized production under the
new programs was growing rapidly at
a time when the market was characterized by an otherwise weak private
sector.

Subsidized starts

During the contraction in overall
homebuilding in 1969-70, the number
of subsidized starts increased very
steeply. In 1970, subsidized starts
totaled 430,000 units, compared to
200,000 units in 1969 and 165,000 in
1968 (table 5); assistance to homeowners
("Section 235") and to rental projects
("Section 236") accounted for nearly
80 percent of that increase. The increase
in subsidized starts, and the weakness
of starts in the nonsubsidized private
sector, combined to produce an overall
starts total for 1970 which was 30
percent subsidized (table 6). By comprogram of rent supplements was parison, subsidized starts averaged
started to aid low-income tenants in about 12 percent of the total in 1968
and 1969, and had averaged only about
private housing.
The Housing and Urban Development 6% percent in 1966-67.
Act of 1968 fundamentally changed the
The number of subsidized starts in
size and direction of Federal aid to 1971 was about the same as in 1970—
housing. The act set a housing produc- 430,000—and the subsidized share of
tion goal of 25K million new units to be the total dropped to 20 percent. Starts
achieved over the 1969-78 decade (com- under the Section 202 (elderly and handpared to 14% million units built in the icapped) and the 221 (d) (3) (BMIR)
preceding decade). The act also intro- (below market interest rate) programs
duced two new subsidy programs— declined as those programs were dis"Section 235" homeownership assistance continued in favor of the Section 236
and "Section 236" assistance to rental program of assistance to rental projects.
units. Both progiams employ a subsidy The programs of assistance to homemechanism by which the Federal Gov- owners and rental projects continued
ernment pays part of the mortgage to grow rapidly, as did the direct loan
interest—in some cases all but 1 percent programs of the Farmers Home Adof the mortgage interest rate—for eligi- ministration; taken together these proble homeowners or apartment projects. grams accounted for nearly threeIn the latter case, the subsidy is passed fourths of all subsidized new units in

gage investment, and in 1971 and 1972
they actually reduced holdings. Life
insurance companies have been reducing their holdings of mortgages on oneto four-unit structures since 1966, and
in 1971 and 1972 were liquidating
mortgages on multifamily structures
as well.

Expanded Federal Role in Subsidized Housing
THE Federal Government's involvement in subsidized housing began in
1937 with the low-rent public housing
program (LRPH). Through that program, Federal support was provided to
local housing authorities to own and
operate rental units for low-income
families. In the 1940's, the Federal role
in housing support was expanded when
the Farmers Home Administration (Department of Agriculture) began making
low-cost direct loans for rural housing
to families that could not qualify for
private financing. In the early 1960's,
direct loans and federally insured lowcost (below market interest rate, or
BMIR) mortgages were introduced to
assist new projects for the elderly, the
handicapped, and persons displaced by
the urban renewal ("Section 202," and
"Section 221 (d)(3) BMIR"), and a

May 1973

SURVEY OF CURRENT BUSINESS

May 1973

Table 5.—Starts of New Housing Units Under Government Subsidy Programs, by Structure
Size and by Subsidy Program
1965

1966

1967

Total subsidized starts...

63,686

70,941

1- to 4-unit structures-.

15,510

22,457

Section 235
Department of Agriculture
Multifamily structures

l

Low-rent public housing...
Section 236
Kent supplements
Section 221(d)(3)BMIR
Section 202
College housing 2
Uninsured State projects 3 .

1968

1969

1970

1971

91,370

165,521

199,933

429,797

430,001

339,221

26,501

28,500

60,247

173,857

207,860

174,684

26,501

637
27,863

28,127
32,120

133,222
74,638

83,246
91,438

222,141

164,537

68,505
107,604
10,880
5,445

43,396
81,418
9,083
1,100

48,176

48,484

64,869

137,021

139,686

116,073
57,784
255,940

32,152

30,228

32,566

66,442

300
10,756
4,968

309
12,145
5,802

2,565
22,855
6,883

16,901
45,403
6,598
578
1,099

66,993
10,168
17,912
33,439
7,423
870
2,881

95,404
105,160
22,919
16,544
2,984
2,112
10,817

15,510

22,457

1972 P

947

192

3,884
24,876

3,469
25,879

v Preliminary
1. All Farmers Home Administration (Department of Agriculture) units are treated as single-family houses although
the total includes a small number of multifamily structures (5 or more units) which cannot be separately identified.
2. College housing given in this table includes only those housekeeping apartments for faculty and married students which
are counted by Census as private housing starts. All group, i.e., dormitory, nonhousekeeping, or other units not counted as
housing starts by Census are omitted. Aid to college housing is in the form of grants.
3. Federal assistance to projects initiated under State programs without federally insured mortgages.
Source: HUD.

1971. In 1972, the number of assisted
starts dropped to 340,000 units, largely
because of major declines in the Section
235 and 236 programs, which were
facing management problems, some
corruption, and rising costs. However,
the Farmers Home Administration
direct loan programs continued to
expand in 1972 and the three programs
together once again accounted for
about three-fourths of assisted starts.
Low-rent public housing, which initially
had been sharply expanded to help
meet the new production goals, fell
back sharply from the peak of 95,000
units in 1970; in 1972, public housing
starts numbered only 43,000 units, not
far above the annual totals of the
mid-1960's.
Composition of subsidized starts
Prior to implementation of the homeowner assistance program (Section 235),
subsidized housing was mainly confined
to rental apartment structures with
more than 4 units, and virtually all
subsidized smaller structures (mainly
single-family homes) were under the

jurisdiction of the Farmers Home
Administration and located in rural
areas and small towns. Following implementation of the Section 235 program, however, subsidized housing in
structures with four or fewer units
grew rapidly and in 1972 accounted for
better than half of all subsidized starts.
The impact of this increase in the
number of subsidized smaller structures
becomes clearer when starts of subsidized units are compared to all starts by
size category. In 1968, when the housing
goals were established, subsidized starts
accounted for only about 3 percent of
all starts in one- to four-unit structures,
while about one-fourth of the units in
larger buildings were subsidized (table
6). These proportions rose markedly for
both structure types in 1970 and then
fell off as private nonsubsidized building
grew stronger. But even in 1972, when
the number of subsidized units declined, their share of total starts was
still very large, and the share of subsidized units in smaller structures was
closer to the share of subsidized units
in structures having five or more units

Table 6.—Subsidized Share of New Housing Starts
[Percent]
1972

1967

1968

1969

1970

1971

5.9

6.9

10.7

13.3

29.3

20.6

14.3

2.7

2.9

2.9

6.7

19.4

16.4

12.0

14.0

16.5

24.9

23.7

45.8

27.8

17.9

1965

1966

Total public and private starts

4.2

Starts in 1- to 4-unit private structures

1.5
10.9

Subsidized starts as a percent of:

Starts in multi-family (5 or more units) public and private structures.
Source: H U P .




19
According to the Department of
Housing and Urban Development
(HUD) a very large share of subsidized
units has been built in the South. This
reflects not only the expanding need for
housing in that strongly growing area,
but also the fact that a large number
of families in the South are eligible for
subsidy assistance under present income limitation rules. In addition, these
programs have ceilings on housing
prices and apartment costs, and the
South's generally lower construction
costs tend to contribute to the willingness of local builders to construct units
which qualify under subsidy programs.
Expenditures
The type of commitment made by
the Section 235 and 236 programs
allows these programs to have expenditures which are relatively low initially but which grow rapidly over
time as new units are placed under
subsidy contract. Both programs pay
a portion of the monthly interest due
on 30-year FHA-insured mortgages and,
therefore, the full cost of a new subsidy
is many times greater than the first
year's outlay. As a result, current outlays reflect new subsidies as well as
those continued from previous years.
Based on the number of units approved
for subsidy by the end of fiscal year
1972, HUD estimated that the Federal
Government was already committed
to total future outlays of about $12
billion for these two programs.
The impact of these programs on the
Federal Government's unified budget
is in sharp contrast to the impact of the
programs which use direct loans, or
mortgages with interest rates less than
market rates—the so-called below market interest rate (BMIR) mortgages.
These programs have an initial outlay
of the full mortgage principal, and this
outlay is later partly offset as the loan
is repaid. Partly because of this difference in budget impact, the low-cost
direct loan programs financed by HUD
have largely been discontinued and
replaced by the newer Section 236
program.
Table 7 shows the Federal budget
outlays for five separate HUD programs. The outlays under these pro-

SUEVEY OF CURRENT BUSINESS

20

Table 7.—HUD Subsidy Outlays for Five Major Programs
[Thousands of dollars]
Fiscal year

Section 235

Total

1968
..
1969
1970
1971
..
1972
1973 «
1974 «

n.a.
812
21,127
119,734
221,306
320,000
387,000

291,098
357,485
474,123
733,365
1,119,680
1,663,000
2,000,000

Section 236

n.a.

0
666
12,704
77,284
105,000
188,000

Rent
supplement
1,039
4,804
18,728
42,294
74,513
117,000
157,000

Public
housing
290,059
351,869
433,602
558,363
744,133
1,110,000
1,250,000

College
housing
n.a.

0
0
270
2,446
11,000
18,000

(Percent of total)
n.a.
0.2
4.5
16.3
19.8
19.2
19.4

1968
1969
1970
1971 e
1972
1973 e
1974 «

0.1
1.7
6.9
6.3
9.4

0.4
1.3
4.0
5.8
6.7
7.0
7.8

99.6
98.4
91.5
76.1
66.5
66.7
62.5

.2
.7
.9

n.a.
Not applicable.
e
Estimated.
NOTE.—These figures include rehabilitation outlays which cannot be separately identified,
Source: HUD.

grams are for interest, continuing
operations, or outright grants; none of
these programs uses direct loans or
mortgages originated at below-market
interest rates as the vehicle for providing housing assistance. Thus the
outlays in table 7 will not be offset by
future repayments to the Federal Government. The figures include small

CHART 11

Subsidized Starts
Thousand Units
500 ~~
Total
Subsidized
Units
400

-

300 •

amounts paid for rehabilitation rather
than for new units.
The Moratorium
A number of serious problems have
emerged with the early evolution of the
new subsidy programs. Default rates
and the number of foreclosures and
applications to receive FHA insurance
have generally been higher for subsidized than for unsubsidized FHAinsured mortgages. In addition, there
have been some widely publicized
instances of corruption and poor management of Section 235 and 236
assistance programs. These instances
ranged from cases of shoddy construetion and over-valuation of housing to
failures to counsel low-income families
on the financial problems of homeownership. Also, the growing budget
impact of new commitments added to
ongoing obligations under the 235 and
236 programs has caused concern about

May 1973

the magnitude of future outlays under
these programs. In January 1973 a
moratorium was announced on all new
commitments under subsidy programs
pending a thorough reevaluation of the
programs. The moratorium is scheduled
to last until such time as a special
re
venue-sharing program including
housing is legislated. Such legislation
would decentralize administration of
housing assistance, but the earliest it
could be implemented is probably fiscal
year 1975, making the moratorium
effective for about 18 months. The number of preexisting commitments under
the HUD and USDA programs is
expected to be sufficient to support a
substantial level of subsidized starts in
1973, although less than the total in
1972.
There is no clear answer to the
question of how large the housing recovery would have been in the absence
of
the subsidy programs. What does
s e e m clear
> however, is that the subsidies induced building of low-cost shelter
b
Y increasing the effective demand for
housing of low-income families. In the
c a s e of
homeownership programs, the
subsidies have no doubt had an effect
on
the average size and cost of new
homes. This was clearly true in 1970
when the distribution of new one-family
homes by price class shifted downward
(table 2). It seems likely that these
subsidies were contributing to the
stronger recovery in single-family homebuilding in the current period than in
the post-1966 period. Moreover, the
timing of the spurt in subsidized homebuilding probably kept the 1969-70
decline in overall housing activity from
being more severe than it was.

Subsidized
Units in
1-to 4-Unit
Structures v
200

-

100

-

Expanded Federal Role in Mortgage Markets

1968

69

70

71

72
Data: Census

U.S. Department of Commerce, Bureau of Economic Analysis




THE flow of residential mortgage
credit has typically been contracyclical.
In periods of rapid economic expansion,
rising market interest rates result in a
reduction in the flow of funds to major
lending institutions and mortgage debt
expansion is curtailed. In periods of
sluggish economic activity, when mar-

ket interest rates are declining, flows to
lending institutions increase and mortgage lending activity accelerates.
In 1966, credit stringency resulted
in a sharp slowdown of mortgage debt
expansion, and this in turn was a major
cause of the severe decline in homebuilding. Following that experience,

SURVEY OF CURRENT BUSINESS

May 1973

concern intensified over the impact that
tight credit has on the availability of
mortgage credit, and thus on homebuilding, and significant changes affecting the role of the Federal Government in mortgage markets were initiated
as part of the Housing Act of 1968. The
thrust of these changes was to expand
the role of Federal credit agencies as a
supplemental source of mortgage funds
during periods of credit stringency,
thereby maintaining a supply of funds
to mortgage markets generally.
When credit conditions were once
again tight in 1969 and early 1970, and
the flow of funds to private mortgage
lenders declined, Federal agencies were
in a better position to increase their
support of mortgage lending and
cushion the impact of credit strigency
on mortgage lending. Net credit extended by Government agencies in
support of mortgage lending (including
advances from the Federal Home Loan
Banks to member savings and loan
associations) expanded from $3% billion
in 1968 to $8% billion in 1969 and $7
billion in 1970. That expansion raised
the Federal Government's share in
the mortgage lending process from 20
percent in 1968 to about 40 percent in
1969 and 1970, and total mortgage
debt expansion was actually larger in
1969 than in 1968, and slowed only
slightly in 1970 (table 3).
Since 1970 credit has been readily
available and at lower cost, and the
volume of mortgage debt expansion by
private lenders has accelerated sharply.
Federal agencies have not contributed
to the acceleration in debt expansion
although their lending activity has
continued at very high rates.
Institutional

changes

An enlarged role for the Federal
Government in mortgage markets was
established by the Housing and Urban
Development Act of 1968, which reorganized the Federal National Mortgage
Association (FNMA) and established
the Government National Mortgage
Association (GNMA). The Emergency
Home Finance Act of 1970 broadened
the scope of FNMA's operations and
created the Federal Home Loan Mortgage Corporation (FHLMC). The fol


21

lowing discussion outlines various in- interest cost of mortgages on housing
stitutional changes that have occurred constructed under the various subsidy
since 1968 affecting the Federal Govern- programs. These mortgage loans are
ment's role in mortgage markets.
made by private mortgage lenders
Prior to the housing legislation of (sometimes by GNMA itself) at interest
1968, FNMA was a Federal agency re- rates below the prevailing yield in
sponsible for making a secondary mar- mortgage markets. Private mortgage
ket in FHA-insured and VA-guaranteed lenders then sell these mortgages to
mortgages and providing special assist- GNMA at face value—i.e., the actual
ance for federally subsidized housing. As amount of the mortgage loan—and
a result of the reorganization, FNMA GNMA resells them to FNMA at a
became a privately owned corporation lower price that will bring the effective
subject to some regulation by the Sec- yield on the mortgages into line with
retary of Housing and Urgan Develop- current market yields. The arrangement
ment, and its operations were confined with FNMA is called the Tandem Plan,
to secondary market activities. The and it allows GNMA to limit its cash
shift of FNMA to private auspices has outlay to the difference between the
taken its operations out of the Federal price at which it buys the mortgages
budget, thereby enabling it to exapnd from private lenders and the price at
the scale of its operations substantially. which it sells them to FNMA.
At the time of the reorganization of
In mid-1971, the Tandem Plan was
FNMA, a forward commitment pro- extended to cover FHA-insured and VAgram for the purchase of mortgages in guaranteed mortgages on nonsubsidized
its secondary market operations was housing. The purpose was to reduce the
adopted—the so-called "Free Market points lenders charge borrowers on
System." Under the new program, Government-backed mortgages. The
FNMA specifies the volume of funds it maximum legal interest rate on such
will make available and makes com- mortgages is 7 percent, and when
mitments for future pruchases of mort- interest rates on conventional mortgages
gages up to that amount. Lenders bid rise above 7 percent, lenders charge
for FNMA funds by offering to sell borrowers on Government-backed mortmortgages to FNMA at a yield specified gages points to bring yields into line
by the lender. FNMA takes the highest with higher yields on conventional
yields and commits itself to purchase mortgages (a point is 1 percent of the
at the agreed upon future date. Thus, loan value of the mortgage). When
FNMA determines the volume of funds points are charged, the borrower must
it will provide and the market deter- pay a lump sum at the time of settlemines the price of these funds. Prior to ment which can appreciably raise the
the introduction of the "Free Market initial cost of homeownership.
System," FNMA set the price at which
Under the extended Tandem Plan,
it would buy mortgages and was
GNMA issues a commitment to mortobliged to purchase whatever volume
gage originators (e.g., S. & L.'s) to buy
was offered at that price, and hence
could not specify the degree of market Government-backed 7-percent mortgages at more than market value. This
support it would provide.
reduces points borrowers would otherAs credit conditions tightened in 1969
wise have to pay. GNMA then sells
and early 1970, the new FNMA was in
a position to increase sharply its mort- these mortgages to FNMA at market
gage market support activity and its value and absorbs the difference bemortgage investment, increased from tween the price it paid and the price at
$1% billion in 1968 to $3% billion in which it sold. There has been very little
1969. After mid-1970, when credit again activity under this program since inbecame readily available, FNMA's sec- ception because mortgage interest rates
ondary market activity slowed; net have held close to 7 percent. However,
purchases amounted to %2}{ billion in if conditions in mortgage markets again
tighten, as now seems to be the case,
1971 and $2 billion in 1972.
The Housing Act of 1968 also this program will provide a means of
established GNMA to subsidize the support for Government-backed loans.

22
Another innovation of the 1968
Housing and Urban Development Act
aimed at improving the flow of funds
to mortgage markets was the creation
of a mortgage-backed securities program. Under this program, mortgage
lenders pool holdings of FHA-insured or
VA-guaranteed mortgages as collateral
for securities that they sell with a
GNMA guarantee of payment of principal and interest. Mortgage lenders
use the proceeds from the sale of
these securities to make new mortgage
loans. Two types of securities may be
sold: "pass-through" or "bond-type."
On "pass-through" securities, buyers
receive the principal and interest payments collected by mortgage lenders on
the pool of mortgages set aside as
collateral. On "bond-type" securities,
mortgage lenders collect the principal
and interest on the mortgages in the
pool and pay the holder of "bond-type"
securities a specified annual rate of
interest and the principal when the
securities mature. The volume of securi-

SURVEY OF CURRENT BUSINESS
ties issued under this program has
expanded from $1% billion in 1970, the
year this program became operational,
to $3 billion in 1971 and $3% billion in
1972.
The Emergency Home Finance Act
of 1970 enabled FNMA to extend its
secondary mortgage market operations
to conventional mortgages. Operations
began in 1972, and activity to date has
been negligible. During 1972, the maximum loan-to-value ratio on mortgages
purchased under the program was
raised from 90 to 95 percent and the
maximum loan from $33,000 to $35,000.
In 1973 this program will be further
broadened to include mortgages on
condominiums.
The 1970 Emergency Home Finance
Act also created the Federal Home Loan
Mortgage Corporation (FHLMC), a
subsidiary to the Federal Home Loan
Bank System, to provide additional
secondary market facilities for mortgages held by S. & L.'s. In general, the
FHLMC conducts two types of second-

May 1973

ary market operations, the "whole loan
program" and the "participation program". Ui^der the "whole loan program," FHLMC purchases the mortgages offered by S. & L.'s at a yield set
by the FHLMC. Under its "participation program," FHLMC also sets the
yield it wishes to receive, but only
purchases an interest (participation) in
a pool of conventional mortgages originated and set aside by an S. & L. The
S. & L. services the pool and pays to the
FHLMC its share of the interest and
principal. The FHLMC can make the
"participation program" attractive to
the S. & L.'s. For example, if the average
yield on all the mortgages in the pool is
8 percent, and if the FHLMC agrees to
accept 7 percent for its share of the
pool, then the effective yield to the
S. & L. on its share of the pool is higher
than 8 percent. The FHLMC began
operations in late 1970; the volume of
activity grew from $325 million in that
year to $640 million in 1971 and $820
million in 1972.

Orders and Backlogs in Durable Goods Manufacturing—Continued from page 4
When the data on backlogs of those mid-1972 to the end of this year's first
durable goods industries supplying final quarter. Some two-thirds of this increase
demand are aggregated according to occurred in nonelectrical machinery,
three major market categories—nonde- where the order backlog rose 25 percent;
fense capital equipment, defense goods, the electrical machinery backlog inand household durables—it appears creased 10 percent.
that nearly all of the rise in backlogs
The sharp rise in new orders has
from mid-1972 to the spring of 1973 was apparently meant a significant lengthaccounted for by unfilled orders for non- ening of lead time—i.e., the time from
defense capital equipment. Unfilled order to shipment—in some industries
orders for household durables remained (Table 4). In primary metals, backlogs
essentially flat over this period at about equaled 1.78 months of shipments at
$2 billion, as the 11 percent rise in new the end of the first quarter, compared
orders in that market category was with 1.45 months in the fourth quarter
about matched by the increase in ship- and 1.33 months in the first quarter of
ments. Unfilled orders for defense goods 1972. In nonelectrical machinery, the
have also changed little, holding at ratio of unfilled orders to shipments
around $20 billion since mid-1972; since reached 2.76 in the first quarter, comthen, the inflow of orders slowed some- pared with 2.62 in the fourth and 2.48
what while shipments rose. From mid- in last year's first quarter, with in1971 to mid-1972, the defense order creases chiefly in metal-working mabacklog had risen by 12 percent after chinery and engines and turbines.
2 years of steep decline.
However, the ratios declined in electriThe backlog for nondefense capital cal machinery and aircraft, and conseequipment had reached a low early in quently the overall ratio for durable
1972, began to recover in the second goods manufacturing has not changed
quarter, and increased 20 percent from much in the past year.



In the case of primary metals, inventory data reinforce the evidence of
tight supplies provided by the rising
ratio of unfilled orders to shipments.
Although steel production has been
at a record level since mid-January
supplies are apparently not sufficient
to meet current demands. Inventories
of finished steel held by steel producers rose from 8.8 million tons
at the end of 1972 to 10.0 million
last July and 10.2 million in December;
by the end of March, however, they had
fallen back to 9.2 million tons. Inventories of steel held by manufacturers
who use steel have changed little since
mid-1972. However, the rate of steel
consumption by those manufacturers
has risen 17 percent over this period, to
a record in the first quarter, and the
ratio of steel inventories to monthly
consumption was down to 1.3 in the
first quarter, the lowest since the beginning of the series in late 1961. In the
second quarter of last year, the ratio
was 1.5.

By REGIONAL ECONOMICS DIVISION STAFF

Metropolitan Area Income in 1971
_l HE Bureau of Economic Analysis
annual series on personal income for the
Nation's 254 SMSA's are presented here
extended through 1971, and cast in a
revised format.
The income estimates for 1967
through 1970 incorporate new and
revised data from both governmental
and private sources. The most important of these are revised wage data
from the State Bureaus of Employment
Security, Internal Revenue Service
data on dividends and interest, new
Census information on local government payrolls, updated intra-State
breakdowns of medicare payments, new
county totals for wages of employees of
railroads, hospitals, and nonprofit institutions, and 1970 Census data on intercounty commuting from home to work.
Personal income defined
Personal income is the current income
of residents of 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), various types
of supplementary earnings termed
"other labor income" (the largest item
of which is employer contributions to
private pension and welfare funds), net
income of owners of unincorporated
businesses (farm and nonfarm, including the income of independent professionals), property income (net rental
income and royalties, dividends, and
interest), and government and business
transfer payments (consisting of disbursements to persons for which no
services are rendered currently, such as
unemployment benefits, social security



payments, and welfare and relief payments) .
To measure personal income on a
local area basis, criteria must be established for allocating income to each
area. In the case of labor and entrepreneurial income, called earnings in
the aggregate, appropriate criteria are
the income recipient's place of work or
place of residence. The difference between the two is the net flow of commuters' earnings. Tables 1-284 show
the sum cf wages and salaries, proprietors income, and other labor income
earned in each SMS A by major industry division. These place of work
data are especially useful when the
major interest is in the economy of the
area rather than in the economic status
of its residents. The earnings data are
also useful in assessing the economic
impacts of potential policies, programs,
and projects.
In the case of personal property income and transfer payments, the distinction between place of work and
place of residence cannot be applied.
For these two income components,
residence is the only applicable principle
of classification.1 Accordingly, total
personal income can be measured meaningfully on a residence basis only. This
is done in table A. In that table, total
earnings, after being converted to a
place of residence basis and netted of
personal contributions to social insurance, have been added to property
income and transfer payments to yield
the estimated total personal income
received by residents of each SMSA.
1 In the case of property income, an alternative criterion
resembling the place of work criterion would be possible,
e.g., allocation to the areas in which the businesses that
generate the income are located. However, substantial concept ual and statistical difficulties stand in the way of the
application of this criterion.

Division of residence-based total personal income by total population yields
per capita personal income, also shown
in table A.2
The residence adjustment factors
used to convert the place of work components of income to a place of residence basis have been updated to incorporate the journey-to-work statistics
from the 1970 Census of Population.
The residence adjustment factors have
been revised back to 1959 to yield more
accurate residence-based estimates of
total and per capita personal income
for the years 1959, 1962, and 1965
through 1970.
Total and per capita income on a
residence basis are especially useful for
analyzing the economic status of the
residents of an area. They also serve as
measures or indicators of the consumer
market.
Comparison with national totals
With the exception of 1965 and 1966,
the SMSA estimates shown in this
report are consistent with revised totals
as published in the national income and
product accounts and in the State
personal income series. The U.S. totals
in the accompanying tables differ from
those in the national income and
product accounts in that the SMSA
series exclude the wages and salaries
2 County population estimates used to derive the per capita
personal income totals shown in table A for 1971 are, for the
most part, preliminary. Official population estimates as published by the Bureau of the Census in Series P-26 Population
Reports were used for New Hampshire, Vermont, Rhode
Island, New Jersey, Delaware, Indiana, South Dakota,
Louisiana, Arizona, Montana, Idaho, Colorado, and Utah.
In 27 other States, the county population estimates are provisional totals prepared by the States and adjusted by BE A
to the July 1, 1971 State population estimates made by the
Bureau of the Census. For the remaining 11 States, the
Census Bureau's July 1,1971 State totals were distributed by
the 1970 Census estimates of county population. Official
Bureau of the Census county estimates for the States cooperating in the Federal-State Cooperative Program for
Population Estimates should be available by July 1, 1973.
23

SURVEY OF CUEEENT BUSINESS

24

received by Federal civilian and mili- Management and Budget has also
tary employees temporarily stationed changed the titles of 14 SMSA's. Within
the next several months, BEA's regional
abroad.
economics
information system will be
Geographic classification
modified
to
reflect the new definitions
On April 27, 1973, the Office of
of
the
composition
of SMSA's. MeanManagement and Budget issued subwhile,
the
classification
of SMSA's
stantive amendments and additions to
used
in
this
report
accords
with the
the official list of standard metropolitan
official
definitions
of
the
Office
of
statistical areas. Four new SMSA's
were established, 12 SMSA's were Management and Budget as of Novemcombined into 6, and 125 counties were ber 1972 with the following exceptions.
In New England, SMSA's are deadded to 72 existing SMSA's. Additional changes were made in New fined officially in terms of cities and
England, where SMSA's are defined in towns instead of counties. Because
terms of cities and towns, and in the satisfactory data for measuring SMSA
Puerto Eican SMSA's. The Office of income are generally available on a

May 1973

county basis only, the New England
SMSA's have been redefined by BEA
to conform to county boundaries. This
reduced the number of SMSA's in
New England from 23 to 14. In Vermont and Wyoming—States without
official
SMSA's—Burlington
and
Cheyenne, respectively, are treated as
SMSA's. Because the U.S. national
income accounts do not cover territories
and possessions, the four SMSA's in
Puerto Eico are omitted from the series.
Boundaries of SMSA's are changed
from time to time. For this SMSA income series, however, the designated
geographic boundaries of each SMSA

Table A.—'Total Personal Income, Selected Components of Personal Income, and Per
Total personal income by place of residence

Line

Millions of dollars

Total United States i
Sum of n o n - S M S A connties in United States
Sum of S M S A ' s in United States

10
11

N e w England Region 2
Sum of non-SMS A connties in N e w England region
Sum of S M S A ' s in New England region
Boston, Mass. SMSA 3
Bridgeport-Norwalk-Stamford-Danbury, Conn. SMSA
Burlington, V t . S M S A
Fall River-New Bedford, Mass. S M S A
Hartford-New Britain-Bristol, Conn. S M S A

1959

1962

1965

1966

1967

1968

1969

1970

1971

382,840
86,887
295,954

440,190
100,584
339,606

534,816
122,104
412,712

580,540
132,970
447,570

625,576
141,820
483,756

684,745
154,646
530,099

746,449
169,180
577,269

801,493
182,842
618,651

857,085
196,998
660,087

24,124
3,848
20,276
8,295
1,734
139
789
1,921

27,770
4,471
23,299
9,486
2,097
161
910
2,207

33,108
5,450
27,659
11,144
2,483
201
1,070
2,699

35,892
5,932
29,960
11,969
2,729
240
1,154
2,982

39,325
6,474
32,851
13,184
3,097
275
1,249
3,338

42,852
7,088
35,764
14,401
3,359
318
1,368
3,600

46,539
7,722
38,817
15,700
3,663
350
1,491
3,889

49,989
8,304
41,685
17,020
3,885
387
1,603
4,104

52,903
8,841
44,062
18,079
4,070
410
1,713
4,255

162
407
1,707
459
312

176
480
1,983
501
377

200
562
2,360
660
413

221
625
2,542
722
449

236
692
2,722
736
495

261
765
2,937
798
543

280
832
3,189
874
577

302
894
3,386
925
618

313
948
3,580
974
660

12
13
14
15
16

Lewiston-Auburn, Maine S M S A
Manchester-Nashua, N . H . S M S A
New Haven-Waterbury-Meriden, Conn. S M S A
Norwich-Groton-New London, Conn. S M S A - - Pittsfield, Mass. SMSA

17
18
19
20

Portland-South Portland, M a i n e S M S A
Providence-Warwick-Pawtucket, R . I . S M S A
Springfield-Chicopee-Holyoke, Mass. S M S A
Worcester-Fitchburg-Leominster, Mass. S M S A

376
1,528
1,195
1,252

417
1,746
1,324
1,434

486
2,060
1,583
1,738

513
2,225
1,713
1,876

558
2,436
1,824
2,008

612
2,661
1,971
2,172

664
2,820
2,126
2,362

714
3,063
2,263
2,520

763
3,254
2,391
2,652

21
22
23
24
25
26
27
28

Mideast region
Sum of non-SMSA counties in Mideast region
Sum of SMSA's in Mideast region
Albany-Schenectady-Troy, N.Y. SMSA
Allentown-Bethlehem-Easton, Pa.-N.J. SMSA
Altoona, Pa. SMSA
Atlantic City, N.J. SMSA..
Baltimore, Md. SMSA

97,012
10,023
86,988
1,471
1,099
248
312
4,074

110,339
11,206
99,133
1,684
1,256
268
372
4,687

131,651
13,587
118,064
2,009
1,521
311
425
5,673

141,581
14,739
126,842
2,160
1,622
327
452
6,176

152,750
16,046
136,704
2,322
1,721
350
503
6,644

166,511
17,423
149,088
2,491
1,881
379
550
7,258

180,423
19,095
161,328
2,686
2,046
417
593
7,868

194,219
20,566
173,653
2,961
2,213
452
648
8,507

206,730
22,009
184,720
3,222
2,331
480
701
9,113

..

-

29
30
31
32
33

Binghamton, N.Y.-Pa. SMSA
Buffalo, N.Y. SMSA
Elmira, N.Y. SMSA
Erie, Pa. SMSA
Harrisburg, Pa. SMSA

612
3,174
206
505
821

698
3,351
223
568
894

809
3,962
270
701
1,045

871
4,208
299
749
1,103

946
4,471
328
776
1,212

1,036
4,844
348
825
1,323

1,109
5,161
362
889
1,474

1,180
5,452
387
978
1,617

1,244
5,856
406
1,058
1,755

34
35
36
37
38

Jersey City, N.J. SMSA
Johnstown, Pa. SMSA.
Lancaster, Pa. SMSA
Long Branch-Asbury Park, N.J. S M S A . . .
Nassau-Suffolk, N.Y. SMSA

1,596
436
602
702
5,143

1,803
470
678
859
6,106

2,011
555
827
1,102
7,196

2,136
590
902
1,210
7,771

2,255
621
959
1,380
8,904

2,420
665
1,022
1,485
9,844

2,593
720
1,131
1,630
10, 725

2,793
789
1,235
1,764
11, 546

2,918
841
1,304
1,910
12, 345

39
40
41
42
43

New Brunswick-Perth Amboy-Sayreville, N.J. SMSA.
New York, N.Y. SMSA..
Newark, N.J. SMSA
.
Paterson-Clifton-Passaic, N.J. SMSA
Philadelphia, Pa.-N.J. SMSA

1,102
26, 320
4,679
3,189
10, 782

1,314
30, 251
5,399
3,723
12, 030

1,620
35,193
6,428
4,486
14,123

1,756
37,452
6,836
4,807
15,421

1,928
40, 085
7,278
5,230
16,580

2,123
43, 875
7,866
5,732
17,962

2,328
47, 243
8,477
6,249
19, 470

2,761
53,126
9,682
7,168
22,116

44
45
46
47
48

Pittsburgh, Pa. SMSA
Poughkeepsie, N.Y. SMSA
Reading, Pa. SMSA
Rochester, N.Y. SMSA
Scranton, Pa. SMSA

5,690
380
604
1,901
412

5,924
492
673
2,124
453

6,996
683
817
2,650
517

7,511
664
883
2,911
546

7,973
707
948
3,168
587

8,573
787
1,031
3,454
635

9,142
876
1,125
3,736
689

49
50
51

Syracuse, N.Y. SMSA...
Trenton, N.J. SMSA
Utica-Rome, N.Y. SMSA

1,221
688
711

1,441
736
776

1,665
909
863

1,819
974
937

1,946
1,056
994

2,077
1,157
1,061

2,236
1,267
1,140

2,559
50,349
9,133
6,763
20,852
9,774
963
1,206
3,938
739
2,379
1,361
1,213




10, 321
1,019
1,283
4,179
795
2,564
1,475
1,272

SURVEY OF CURRENT BUSINESS

May 1973

In the past, BEA has furnished these
unpublished data to the public on a
cost basis. However, the Congress,
Availability of unpublished data
in response to an expressed need for
The Bureau of Economic Analysis local area income and employment
has established the initial components data, has now provided funds for disof a comprehensive regional economics tributing these data to one or more
information system which contains a central locations in each State at no
large amount of local area income and charge. This distribution is underway.
employment data not shown in this Generally, the data are being sent to
report. Currently, the major com- the Bureau of Business and Economic
ponents of this system consist of Research of one or more major State
measures of personal income and em- universities in each State and to the
ployment by type and by industry for economic development or planning
each metropolitan area and nonmetro- agency of the State government. A list
politan county in the Nation.
of the State agencies and universities

25

are held constant over the entire period
back to 1929.

to which these data have been offered
is shown on page 44. If a user is unable
to obtain the data from the appropriate
agency in his State, a request for the
information should be made directly to
the Regional Economics Division,
Bureau of Economic Analysis, U.S. Department of Commerce, Washington,
D.C. 20230.
NOTE.—The SMSA estimates were prepared by Wallace Bailey, Jr., Kenneth Berkman, Michael Carroll, Vivian Conklin, Q.
Francis Dallavalle, Virginia Davis, Linnea
Hazen, Kenneth Horowitz, Raymond Leach,
Gordon Lester, Alan Millican, Elizabeth
Queen, William Reid, Jr., Victor Sahadachny,
and Susan Schmid under the direction of
Edwin J. Coleman.

Capita Personal Income by SMSA's and Non-SMSA Regions, for Selected Years, 1959-71
Selected components of personal income
Per capita income bv place of residence

Average annual
rates of growth

R a n k in
SMSA's

Transfer payments

Property income

Millions of dollars
1959-71

1969-71

6.95
7.06
6.91

1969

1970

1971

7.16
7.91
6.93

106,147
23,660
82,487

113,921
25,741
88,180

6.76
7.18
6.68
6.71
7.37
9.43
6.67
6.85

6.62
7.00
6.54
7.31
5.41
8.23
7.19
4.60

7,407
1,147
6,260
2,515
776
51
211
668

5.64
7.30
6.37
6.47
6.44

5.73
6.74
5.95
5.57
6.95

6.07
6.50
5.95
6.45

Line

Dollars

1969

1970

1971

1959

1962

1965

1966

1967

1968

1969

1970

1971

119,568
27,149
92,419

65,768
18,129
47,639

79,462
21,825
57,637

93,583
25,496
68,087

2,161
1,577
2,426

2,370
1,772
2,633

2,765
2,111
3,043

2,970
2,291
3,257

3,170
2,441
3,473

3,436
2,652
3,760

3,708
2,886
4,046

3,932
3,094
4,274

4,157
3,297
4,508

2
3

7,894
1,220
6,674
2,754
789
52
231
674

8,271
1,279
6,992
2,883
827
55
241
706

4,270
776
3,494
1,464
241
28
172
272

5,096
927
4,169
1,727
294
34
204
327

6,133
1,112
5,021
2,055
365
40
249
414

2,311
1,882
2,416
2,486
2,666
1,882
1,993
2,800

2,571
2,103
2,686
2,766
3,074
2,101
2,222
3,067

2,922
2,434
3,043
3,103
3,358
2,484
2,535
3,519

3,140
2,629
3,266
3,313
3,633
2,872
2,709
3,797

3,401
2,841
3,539
3,612
4,062
3,175
2,884
4,210

3,682
3,078
3,832
3,933
4,375
3,474
3,118
4,504

3,966
3,315
4,127
4,263
4,691
3,638
3,380
4,809

4,210
3,505
4,386
4,581
4,890
3,883
3,602
5,014

4,404
3,682
4,584
4,813
5,054
4,001
3,806
5,166

40
19
192
164
8

18
11
118
169
6

4
5
6
7
8
9
10
11

37
118
542
138
88

41
127
554
140
94

43
133
581
147
99

33
67
262
63
60

40
80
320
77
70

48
96
398
92
82

1,897
2,324
2,597
2,483
2,211

1,972
2,578
2,862
2,609
2,617

2,223
2,775
3,276
3,049
2,841

2,448
3,021
3,488
3,266
3,086

2,591
3,283
3,658
3,339
3,361

2,875
3,508
3,925
3,623
3,650

3,080
3,762
4,269
3,874
3,876

3,304
3,971
4,535
4,002
4,129

3,368
4,020
4,762
4,164
4,359

189
70
26
41
105

229
112
20
91
63

12
13
14
15
16

7.20
7.42
6.05
5.96

99
375
309
334

111
414
332
361

116
434
347
378

67
313
217
235

79
381
260
277

91
446
309
335

2,085
2,132
2,258
2,160

2,212
2,413
2,450
2,391

2,553
2,803
2,794
2,790

2,680
3,023
3,003
3,006

2,895
3,261
3,195
3,172

3,195
3,545
3,421
3,441

3,465
3,726
3,670
3,725

3,705
3,974
3,874
3,942

3,889
4,197
4,049
4,105

146
132
88
121

154
86
103
94

17
18
19
20

6.51
6.77
6.48
6.75
6.47
5.66
6.98
6.94

7.04
7.36
7.00
9.52
6.74
7.29
8.73
7.62

27,104
3,054
24,049
321
271
64
83
927

28,698
3,259
25,439
338
292
68
87
981

30,014
3,421
26,593
355
306
72
92
1,037

16,204
2,113
14,091
279
173
53
83
643

19,429
2,558
16,870
337
209
62
101
781

23,022
3,040
19,982
391
252
74
119
931

2,499
1,888
2,596
2,251
2,250
1,820
1,958
2,284

2,743
2,053
2,851
2,462
2,547
1,923
2,249
2,532

3,150
2,363
3,275
2,860
2,945
2,263
2,488
2,864

3,358
2,569
3,482
3,043
3,098
2,360
2,631
3,066

3,598
2,774
3,729
3,258
3,266
2,534
2,899
3,273

3,892
2,989
4,034
3,441
3,514
2,783
3,163
3,552

4,195
3,277
4,339
3,724
3,800
3,077
3,397
3,830

4,465
3,502
4,615
4,097
4,045
3,315
3,686
4,093

4,716
3,713
4,872
4,413
4,225
3,539
3,890
4,338

90
92
199
172
80

52
82
211
153
66

22
23
24
25
26
27
28

6.09
5.24
5.82
6.36
6.54

5.91
6.52
5.90
9.09
9.12

147
617
56
98
181

156
650
59
105
194

163
682
62
110
203

107
501
39
84
150

127
600
46
104
181

152
724
55
124
217

2,172
2, 443
2,096
2,030
2, 225

2,388
2,429
2,224
2,268
2, 35.6

2,733
2,951
2,581
2,735
2,643

2,931
3,113
2,896
2, 903
2,771

3,138
3,297
3,154
3,020
3,031

3,401
3,549
3,351
3,146
3,270

3,660
3,812
3,528
3,387
3,625

3,892
4,037
3,803
3,681
3,910

4,098
4,322
4,001
3,975
4,203

114
46
141
156
98

97
68
119
128
85

29
30
31
32
33

5.16
5.63
6.65
8.70
7.57

6.08
8.08
7.38
8.25
7.29

229
59
126
236
1,779

246
63
135
248
1,867

259
66
141
260
1,950

240
97
90
151
821

285
116
109
185
989

344
137
131
220
1,177

2,635
1,566
2,179
2,116
2,630

2,951
1,711
2,385
2,341
2,835

3,258
2,064
2,792
2,684
3,107

3,466
2,206
2,973
2,869
3,269

3,649
2,315
3,090
3,196
3,680

3,954
2,490
3,265
3,364
3,948

4,240
2,725
3,583
3,614
4,258

4,584
2,982
3,828
3,804
4,513

4,823
3,213
3,995
4,024
4,720

21
241
112
135
22

17
237
120
110
24

34
35
36
37
38

7.95
6.03
6.25
6.98
6.17

8.90
6.04
6.87
7.10
6.58

289
8,606
1,447
1,008
2,639

311
9,063
1,515
1,070
2,815

326
9,453
1,584
1,121
2,940

157
4,341
665
432
1,669

190
5,085
791
520
2,060

230
5,938
937
617
2,496

2,561
3,033
2,793
2,710
2,502

2,732
3,424
3,101
2,979
2, 702

3,102
3,949
3,542
3,440
3,063

3,295
4,198
3,746
3,664
3,302

3,511
4,509
4,000
3,923
3,534

3,787
4,950
4,324
4,254
3,792

4,063
5,295
4,607
4,613
4,082

4,368
5,576
4,901
4,969
4,297

4,641
5,900
5,151
5,255
4,509

29
2
9
14
37

34
1
7
3
42

39
40
41
42
43

5.09
8.57
6.48
6.78
5.63

6.25
7.85
6.79
5.76
7.42

1,238
141
116
505
75

1,319
152
124
533
81

1,376
159
129
556
85

792
70
97
289
91

958
82
118
360
110

1,147
97
142
431
130

2,383
2,172
2,210
2,610
1,772

2,505
2,938
2,359
2,762
1,979

2, 929
3,344
2,873
3,242
2,251

3,120
3,196
3,025
3,487
2,361

3,313
3,304
3, 250
3,693
2,544

3,555
3,601
3,512
3,938
2,701

3,808
3,983
3,821
4,255
2,945

4,044
4,327
4,043
4,457
3,140

4,287
4,479
4,277
4,626
3,385

55
115
106
24
211

70
45
72
37
228

44
45
46
47
48

6.38
6.56
4.97

7.08
7.90
5.63

232
248
112

246
255
117

259
265
122

217
107
132

264
126
159

306
148
188

2,179
2,603
2,162

2,412
2,648
2, 309

2, 739
3,064
2,543

2,960
3, 236
2,739

3,128
3,455
2,911

3,298
3,769
3,115

3,539
4,144
3,355

3,734
4,458
3,557

3,988
4,749
3,739

111
25
119

123
22
183

49
50
51




1959

1971

1

21

SUKVEY OF CURRENT BUSINESS

26

May 1973

Table A.—Total Personal Income, Selected Components of Personal Income, and Per Capital
Total personal income by place of residence

Line
Millions of dollars
1959

52
53
54
55
56
57
58
59
60
61
62
63
64
65

Mideast—Continued
Vineland-Millville-Bridgeton, N.J. SMSA
Washington, D.C.-MD.-VA. SMSA
Wilkes-Barre-Hazleton, PA. SMSA
Williamsport, PA. SMSA
Wilmington, DEL.-MD.-N.J. SMSA
York, PA. SMSA
Great Lakes region
.-..-.... Sum of non-S MS A counties in Great Lakes region
Sum of SMSA's in Great Lakes region
Akron, Ohio SMSA
Anderson, Ind. SMSA
Ann Arbor, Mich. SMSA
Appleton-Oshkosh, Wis. SMSA
Battle Creek, Mich. SMSA

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

1962

1965

1966

1967

1968

1969

1970

1971

230
5,528

270
6,766

310
8,891

335
9,645

357
10,433

392
11,585

427
12,709

461
14,237

497
15,425

590
214
1,150
598

631
232
1,326
657

738
276
1,684
798

796
300
1,816
859

884
327
1,877
953

975
355
2,029
1,048

1,057
378
2,205
1,168

1,148
407
2,355
1,295

1,234
429
2,542
1,347

82,953
16,941
66,012
1 444
292
405
495
315

92,651
19,386
73,265
1 596
'332
488
568
331

114,835
23,998
90,837
1,913
404
659
694
415

124,738
26,323
98,415
2 051
421
732
764
462

132,103
27,838
104,266
2,204
433
795
802
490

144,080
30,283
113,797
2,443
472
917
876
519

156,591
32,953
123,638
2,655
510
1,010
960
561

164,042
34,684
129,358
2,777
499
1,023
1,031
570

175,365
37,489
137,876
2,931
563
1,132
1,080
622

212
175
750
273
17,965

221
214
824
316
20,179

296
260
1 015
398
24,243

324
285
1,096
464
26,175

342
322
1,165
507
27,875

377
343
1,278
520
30,092

410
368
1,401
573
32,613

417
396
1,469
597
34,433

461
447
1,522
663
36,503

3 102
5 175
1 717
800
1 762

3 331
5 637
1 922
856
1 958

251
335
495
162
677

4,551
7,700
2,673
1,260
2 895

4 950
8,410
2,993
1,350
3 135

5,362
9,122
3,278
1,435
3,490

5,711
9,413
3,519
1,501
3,642

6,025
9,801
3,765
1,599
3,723

66
67
68
69
70

Bay City, Mich. SMSA
Bloomington-Normal, 111. SMSA
Canton, Ohio SMSA
Champaign-Urbana, 111. SM SA
Chicago, 111. SMSA

71
72
73
74
75

Cincinnati, Ohio-KY.-Ind. SMSA
Cleveland, Ohio SMSA
Columbus, Ohio SMSA
Davenport-Rock Island-Moline, Iowa-Ill. SMSA
Dayton, Ohio SMSA
.

76
77
78
79

Decatur, 111. SMSA
Detroit, Mich. SMSA
Evansville, Ind.-KY. SMSA
Flint, Mich. SMSA

275
9 536
422
995

291
10 475
463
1,158

372
14 143
595
1,576

407
15 314
644
1,635

434
15 956
693
1,686

471
17,710
743
1,907

510
19,274
812
2,062

549
19,772
847
2,025

593
21,233
916
2,355

80
81
82
83
84

Fort Wayne, Ind. SMSA..
Gary-Hammond-East Chicago, Ind. SMSA
Grand Rapids, Mich. SMSA
Green Bay, Wis. SMSA
Hamilton-Middletown, Ohio SMSA...

535
1 373
1 013
250
441

643
1 500
1 121
283
487

801
1 859
1 491
346
590

882
1 982
1 564
379
644

930
2,050
1 679
418
701

1,012
2,225
1 833
462
748

1,112
2,435
1,990
506
808

1,173
2,531
2,069
553
862

1,254
2,635
2,214
597
905

85
86
87
88
89

Indianapolis, Ind. SMSA
Jackson, Mich. SMSA
Kalamazoo, Mich. SMSA
Kenosha, Wis. SMSA
LaCrosse, Wis. SMSA

2 289
293
376
272
147

2 632
313
427
306
159

3 244
411
531
356
194

3 540
462
598
349
214

3,751
489
650
353
225

4,097
532
711
380
243

4,473
585
770
408
258

4,640
603
813
459
278

4,967
622
859
489
299

90
91
92
93
94

Lafayette-West Lafayette, Ind. SMSA
Lansing-East Lansing, Mich. SMSA. .
Lima, Ohio SMSA
Lorain-Elyria, Ohio SMSA
Madison, Wis. SMSA

182
659
304
480
508

209
732
359
539
593

265
998
434
689
754

294
1,098
492
738
843

306
1,192
512
744
904

328
1,350
575
859
996

368
1,483
635
938
1,093

392
1,511
668
982
1,210

417
1,709
698
1,057
1,300

95
96
97
98
99

Mansfield, Ohio SMSA
Milwaukee, Wis. SMSA
Muncie, Ind. SMSA
. .
Muskegon-Muskegon Heights, Mich. SMSA
Peoria, 111. SMSA
.

282
3 386
229
307
767

300
3 766
274
341
787

358
4 480
342
416
1,033

389
4 863
363
463
1,115

411
5,146
377
488
1,185

454
5,502
409
515
1,275

488
5,905
444
563
1,351

512
6,279
459
581
1,473

539
6,628
490
596
1,607

337
572
418
672
334

380
651
459
664
398

488
830
633
770
487

515
919
675
839
522

554
981
700
885
574

584
1,047
lib
958
617

639
1,111
831
1,020
660

669
1,141
839
1,050
725

704
1,217
977
1,104
799

100
101
102
103
104
105
106
107
108
109

Racine, Wis. SMSA
Rockford, 111. SMSA
Saginaw, Mich. SMSA
South Bend, Ind. SMSA
Springfield, 111. SMSA

...

.

.
- .

....

.

.

.

. .

3
6
2
1
2

890
830
299
056
430

4
7
2
1
2

275
361
303
1 453
1,087

301
397
342
1,565
1,176

381
494
403
1 904
1,438

426
500
436
2,077
1,538

458
519
459
2,212
1,630

487
543
495
2,450
1,830

536
570
553
2,671
2,027

566
618
593
2,823
2,097

617
673
629
3,054
2,289

110
111
112
113
114

Springfield, Ohio SMSA
. .
Steubenville-Weirton, Ohio-W. Va. SMSA
Terre Haute, Ind. SMSA
Toledo, Ohio-Mich. SMSA
Youngstown-Warren, Ohio SMSA .
Plains region
... . ..
Sum of non-SMSA counties in Plains region
Sum of SMSA's in Plains region
Cedar Rapids, Iowa SMSA
Columbia, Mo. SMSA—

31 059
13,353
17,707
360
102

35 929
15,943
19,986
415
118

43 015
19,121
23,894
479
166

46 612
20,787
25,826
525
179

49,457
21,432
28,025
557
191

53,568
23,040
30,528
593
216

58,333
25,302
33,031
636
236

62,836
27,325
35,511
673
260

66,986
29,177
37,809
708
278

115
116
117
118
119
120
121
122

Des Moines, Iowa SMSA
Dubuque, Iowa SMSA
Duluth-Superior, Minn.-Wis. SMSA. .
Fargo-Moorehead, N. Dak.-Minn. SMSA
Kansas City, Mo.-Kan. SMSA
Lincoln, Nebr. SMSA
Minn.-St. Paul, Minn. SMSA
Omaha, Neb.-Iowa SMSA
..

715
163
526
223
2 601
364
3,793
1,072

763
179
572
268
2 955
416
4,423
1,273

853
233
654
288
3 632
486
5,360
1,485

936
248
706
294
3 935
489
5,845
1,599

998
260
744
331
4,320
521
6,413
1,735

1,066
280
792
357
4,737
568
7,097
1,867

1,146
307
835
386
5,111
646
7,900
2,045

1,252
332
910
430
5,511
706
8,484
2,232

1,344
357
984
471
5,942
762
8,986
2,369

123
124
125
126
127

Rochester, Minn. SMSA
Sioux City, Iowa-Nebr. SMSA
Sioux Falls, S. Dak. SMSA—
Springfield, Mo. SMSA
St. Joseph, Mo. SMSA

138
268
153
242
205

185
285
193
270
220

231
308
221
313
231

250
333
235
333
245

270
354
288
376
270

302
384
318
421
289

331
408
341
455
306

354
429
358
496
328

379
462
387
543
343

128
129
130
131

St. Louis, Mo.-Ill. SMSA
Topeka, Kans. SMSA
Waterloo, Iowa SMSA
Wichita, Kans. S M S A —

5,182
325
326
948

5,735
367
321
1,027

7,041
428
361
1,124

7,606
441
401
1,225

8,165
507
409
1,314

8,839
548
442
1,411

9,429
594
463
1,454

10,123
631
488
1,513

10,743
685
518
1,548




__ . .

1973

SUKVEY OF CURRENT BUSINESS

27

Personal Income by SMSA's and Non-SMSA Regions, for Selected Years, 1959-71—Continued
Selected components of personal income

Per capita income by place of residence

Average annual
rates of growth

Property income

Rank in
SMSA's

Transfer payments

Line
Millions of dollars
1959-71

1969-71

1969

1970

1971

6.63
8.93
6.34
5.97
6.83
7.00

7.89
10.17

51
1,424

53
1,548

56
1,625

8.05
6.53
7.37
7.39

152
59
376
135

162
64
374
145

6.44
6.84
6.33
6.08
5.62
8.94
6.72
5.83

5.83
6.66
5.60
5.07
5.07
5.87
6.07
5.30

21,382
4,662
16,720
302
64
164
132
84

6.69
8.13
6.08
7.67
6.09

6.04
10.21
4.23
7.57
5.80

5.69
5.47
6.76
5.94
6.43

1969

Dollars
1970

1971

1959

1971

1959

1962

1965

1966

1967

1968

1969

1970

1971

2,443
2,985

2,610
3,501

2,840
3,685

3,277
4,212

3,536
4,525

3,784
4,968

3,926
5,238

117
17

144
4

52
53

1,835
2,101
3,063
2,207

2,117
2,433
3,583
2,561

2,294
2,694
3,847
2,728

3,004
3,879
2,561
2,967
3,927
2,973

2,830
3,139
4,172
3,242

3,085
3,348
4,482
3,587

3,333
3,569
4,698
3,900

3,600
3,759
5,016
4,008

218
166
7
148

197
174
12
117

54
55
56
57

54

63
1,477

169
67
392
152

43
1,067
136
39
140
97

162
47
168
118

192
56
198
142

2,171
2,679
1,712
1,968
2,805
2,075

22,478
4,990
17,488
324
63
162
146
85

23,524
5,240
18,284
336
66
171
153
90

11,719
3,136
8,583
189
37
57
71
48

14,131
3,745
10,385
226
45
72
85
59

16,548
4,342
12,206
264
52
84
99
69

2,334
1,777
2,538
2,394
2,343
2,364
2,169
2,285

2,536
2,004
2,727
2,551
2,618
2,715
2,357
2,434

3,023
2,427
3,232
2,942
3,143
3,368
2,742
2,953

3,237
2,626
3,451
3,140
3,154
3,594
2,948
3,193

3,393
2,762
3,613
3,321
3,213
3,814
3,062
3,341

3,672
2,983
3,913
3,614
3,466
4,313
3,309
3,650

3,965
3,225
4,223
3,927
3,711
4,517
3,548
3,952

4,105
3,353
4,368
4,074
3,597
4,359
3,711
4,005

4,360
3,606
4,623
4,280
3,984
4,749
3,849
4,368

53
67
60
118
79

71
125
21
163
60

58
59
60
61
62
63
64
65

58
61
192
101
4,765

59
66
202
103
4,876

62
70
210
109
5,100

31
30
106
41
2,173

41
35
126
48
2,597

47
39
150
55
3,057

1,996
2,104
2,211
2,081
2,915

2,070
2,501
2,366
2,268
3,157

2,701
2,832
2,824
2,904
3,597

2,847
2,912
3,034
2,991
3,864

2,994
3,253
3,188
3,236
4,066

3,288
3,391
3,461
3,279
4,373

3,526
3,589
3,787
3,564
4,712

3,544
3,789
3,933
3,649
4,924

3,891
4,253
4,055
4,018
5,191

163
139
104
147
4

152
78
101
113
5

66
67
68
69
70

6.00
3.66
7.17
5.56
3.28

838
1,267
384
238
406

896
1,332
405
252
429

933

1,380
420
265
446

409
613
251
109
228

480
748
297
129
274

564
880
345
152
328

2,459
2,720
2,283
2,531
2,432

2,536
2,878
2,422
2,682
2,582

2,893
3,440
2,692
3,193
3,058

3,145
3,609
2,883
3,381
3,296

3,343
3,779
3,064
3,607
3,491

3,602
4,112
3,391
3,790
3,723

3,895
4,448
3,652
4,002
4,133

4,111
4,545
3,827
4,132
4,269

4,326
4,709
4,076
4,364
4,344

44
11
81
32
47

67
26
100
62
65

71
72
73
74
75

6.61
6.90
6.67
7.44

7.83
4.96
6.21
6.87

90
2,294
109
232

95
2,367
116
238

100
2,491
121
250

43
1,236
69
134

51
1,549
83
181

60
1,836
95
199

2,349
2,553
1,912
2,407

2,396
2,761
2,071
2,695

3,037
3,495
2,634
3,324

3,263
3,727
2,832
3,395

3,455
3,818
3,037
3,492

3,772
4,229
3,209
3,832

4,088
4,599
3,501
4,147

4,382
4,694
3,631
4,065

4,720
4,991
3,902
4,652

64
30
186
51

25
13
149
33

76
77
78
79

7.36
5.58
6.73
7.52
6.17

6.19
4.03
5.48
8.62
5.83

155
241
297
68
112

166
256
309
76
120

173
267
326
79
125

69
155
147
39
60

82
189
182
46
70

2,327
2,419
2,209
2,027
2,223

2,630
2,571
2,366
2,169
2,324

3,078
3,074
2,856
2,470
2,766

3,320
3,234
3,050
2,669
2,975

3,498
3,321
3,238
2,894
3,206

3,757
3,577
3,487
3,163
3,368

4,043
3,879
3,729
3,327
3,613

4,169
3,985
3,825
3,482
3,800

4,400
4,103
4,040
3,694
3,970

68
48
107
157
99

54
95
105
190
130

80
81
82
83
84

6.67
6.47
7.13
5.01
6.10

5.38
3.11
5.62
9.48
7.65

552
85
120
47
37

584
87
125
55
41

608
92
132
57
43

290
41
52
34
26

351
52
62
41
30

97
233
215
54
85
409
62
74
47
35

2,450
2,237
2,231
2,744
2,060

2,716
2,362
2,493
2,921
2,170

3,172
2,997
2,954
3,076
2,572

3,406
3,300
3,212
3,007
2,712

3,532
3,453
3,465
3,016
2,849

3,811
3,754
3,756
3,214
3,032

4,094
4,096
3,929
3,460
3,214

4,169
4,194
4,022
3,877
3,447

4,441
4,295
4,185
4,085
3,639

45
95
97
10
153

47
69
87
98
195

85
86
87
88
89

7.15
8.26
7.17
6.80
8.14

6.45
7.35
4.84
6.15
9.06

50
191
87
93
159

54
197
90
99
177

56
207
94
103
186

26
98
47
61
76

31
126
57
75
90

36
146
67
89
105

2,062
2,220
1,897
2,216
2,325

2,310
2,376
2,231
2,335
2,545

2,802
2,978
2,598
2,851
2,918

2,905
3,219
2,947
3,009
3,207

2,966
3,384
3,053
2,991
3,375

3,116
3,713
3,390
3,403
3,694

3,433
3,993
3,732
3,693
3,909

3,570
3,982
3,882
3,812
4,154

3,781
4,430
4,035
4,082
4,349

151
100
188
102
69

170
49
106
99
64

90
91
92
93
94

5.55
5.76
6.54
5.68
6.36

5.10
5.94
5.05
2.89
9.06

65
854
55
84
209

68
950
58
85
219

71
992
61
90
231

35
433
31
48
101

41
513
37
62
118

48
602
44
74
137

2,399
2,689
2,087
2,062
2,469

2,474
2,857
2,450
2,228
2,462

2,872
3,308
2,930
2,733
3,202

3,076
3,560
2,989
2,998
3,356

3,228
3,731
3,035
3,150
3,522

3,535
3,961
3,253
3,310
3,757

3,785
4,232
3,485
3,599
3,972

3,926
4,458
3,541
3,677
4,299

4,116
4,682
3,754
3,764
4,662

52
16
145
150
42

93
30
178
172
31

95
96
97
98
99

6.33
6.49
7.33
4.22
7.54

4.96
4.66
8.43
4.04
10.03

95
133
119
126
111

101
138
118
134
120

106
145
125
139
127

48
71
60
79
58

57
87
76
94
66

67
105
88
109
76

2,412
2,509
2,207
2,505
2,302

2,550
2,708
2,367
2,417
2,688

2,941
3,364
3,032
2,827
3,190

3,146
3,583
3,146
3,047
3,279

3,310
3,762
3,246
3,210
3,602

3,439
3,940
3,532
3,438
3,863

3,755
4,136
3,788
3,654
4,118

3,901
4,184
3,806
3,738
4,487

4,044
4,423
4,379
3,938
4,932

49
33
108
35
75

104
51
58
140
15

100
101
102
103
104

6.97
5.33
6.28
6.39
6.40

7.29
8.66
6.65
6.93
6.27

72
75
71
361
215

76
80
80
379
229

79
84
83
394
237

45
52
58
214
158

53
61
67
254
191

62
72
77
292
225

2,101
2,157
1,777
2,313
2,144

2,276
2,380
2,049
2,445
2,259

2,649
2,970
2,423
2,887
2,743

2,915
3,050
2,581
3,104
2,926

3,075
3,139
2,643
3,275
3,079

3,223
3,267
2,807
3,607
3,447

3,485
3,447
3,144
3,898
3,807

3,589
3,721
3,379
4,062
3,899

3,894
4,024
3,551
4,367
4,236

140
122
208
74
129

151
109
208
61
80

105
106
107
108
109

6.61
6.73
6.53
5.80
8.71
5.40
6.75
5.36
6.43
7.13
6.35
7.45
6.83

7.16
7.38
6.99
5.51
8.53

8,918
4,161
4,758
98
36

9,531
4,445
5,087
100
38

10,010
4,691
5,319
105
40

5,267
2,711
2,556
43
18

6,251
3,181
3,070
53
21

7,227
3,662
3,565
63
25

1,990
1,599
2,441
2,659
1,880

2,233
1,879
2,629
2,882
2,045

2,646
2,270
3,049
3,151
2,377

2,855
2,467
3,268
3,316
2,426

3,019
2,562
3,495
3,466
2,552

3,249
2,748
3,767
3,684
2,782

3,505
3,015
4,005
3,937
2,964

3,739
3,246
4,233
4,117
3,201

3,953
3,454
4,451
4,267
3,315

20

74
232

110
111
112
113
114

8.30
7.84
8.56
10.46
7.82
8.61
6.65
7.63

141
48
111
63
705
134
1,118
273

156
51
118
67
773
147
1,162
303

163
53
124
70
807
156
1,215
318

90
24
103
32
381
49
548
163

108
28
119
38
447
56
658
194

127
33
139
45
516
64
764
221

2,713
2,054
1,928
2,146
2,411
2,368
2,596
2,365

2,785
2,175
2,082
2,499
2,626
2,613
2,833
2,641

3,110
2,662
2,442
2,512
3,111
2,944
3,258
2,897

3,340
2,790
2,583
2,553
3,342
3,012
3,502
3,130

3,519
2,888
2,714
2,899
3,623
3,223
3,760
3,343

3,726
3,109
2,891
3,115
3,919
3,471
4,088
3,540

4,017
3,411
3,088
3,335
4,133
3,908
4,434
3,829

4,368
3,661
3,416
3,569
4,376
4,187
4,657
4,094

4,590
3,865
3,708
3,851
4,692
4,425
4,841
4,223

13
155
182
128
50
58
27
59

38
159
187
162
28
50
16
83

115
116
117
118
119
120
121
122

8.78
4.64
8.04
6.97
4.38

7.01
6.41
6.53
9.24
5.87

53
66
70
76
46

55
71
70
80
48

58
75
74
84
50

19
41
27
46
33

23
48
31
55
38

27
54
36
63
44

2,139
2,258
1,799
1,947
2,291

2,609
2,356
2,061
2,079
2,537

3,085
2,770
2,262
2,197
2,495

3,303
2,961
2,432
2,319
2,723

3,511
3,067
3,055
2,586
3,071

3,793
3,311
3,379
2,816
3,255

4,028
3,517
3,601
2,998
3,475

4,190
3,688
3,760
3,233
3,764

4,388
3,926
4,012
3,490
3,972

130
89
203
176
77

57
143
116
218
129

123
124
125
126
127

6.26
6.41
3.93
4.17

6.74
7.39
5.77
3.18

1, 367
115
66
173

1,470
119
68
190

1,532
125
71
199

731
51
40
116

900
59
49
144

1,057
68
57
163

2,495
2,320
2,692
2,507

2,636
2,519
2,589
2,650

3,187
2,839
2,926
2,978

3,426
2,917
3,149
3,262

3,623
3,341
3,165
3,387

3,903
3,589
3,395
3,636

4,065
3,854
3,534
3,734

4,271
4,068
3,667
3,888

4,490
4,392
3,834
3,963

38
72
15
34

43
56
165
134

128
129
130
131




SURVEY OF CURRENT BUSINESS

28

May 1973

Table A.—Total Personal Income, Selected Components of Personal Income, and Per Capita
Total personal income by place of residence
Line

132
133
134
135
136
137
138
139
140
141

Millions of dollars

Plains region—Continued
Southeast region
Sum of non-SMSA counties in Southeast region
Sum of SMS As in Southeast region
Albany, Ga. SMSA
Alexandria, La. SMSA
Asheville, N.C. SMSA
Atlanta, Ga. SMSA
Augusta, Ga.-S.C. SMSA
Baton Rouge, La. SMSA
Biloxi-Gulfport, Miss. SMSA

1959

1962

1965

1966

1967

58,653
24,408
34,245
121
157

68,356
28,695
39,661
144
167

85,755
35,754
50,001
182
210

94,190
39,341
54,848
200
223

103,078
42,966
60,112
192
257

113,880
47,349
66,531
207
284

125,437
51,935
73,502
232
302

136,642
56,759
79,882
265
323

148,511
61,732
86,778
287
359

221
2,244
360
482
202

251
2,674
479
507
249

314
3,594
588
642
285

337
3,963
730
743
346

360
4,346
765
853
352

388
4,865
831
949
410

420
5,502
907
990
462

452
6,017
875
1,048
449

492
6,555
939
1,130
468

1,369
377
542
640
529

1,481
454
560
776
583

1,795
575
627
986
742

1,906
656
673
1,097
826

2,013
745
733
1,217
891

2,176
825
761
1,344
975

2,373
887
795
1,496
1,075

2,578
933
866
1,648
1,144

2,793
991
927
1,792
1,247

1968

1969

1970

1971

142
143
144
145
146

Birmingham, Ala. SMSA
Charleston, S.C. SMSA
Charleston, W. Va. SMSA
Charlotte, N.C. SMSA
Chattanooga, Tenn.-Ga. SMSA

147
148
149
150
151

Columbia, S.C. SMSA
Columbus, Ga.-Ala. SMSA
Daytona Beach, Fla. SMSA
Durham, N.C. SMSA
Fayetteville, N.C. SMSA

429
356
196
253
234

488
396
239
304
310

638
546
343
375
385

726
628
366
413
426

779
685
405
479
559

869
750
457
536
624

963
771
506
597
679

1,066
752
547
669
696

1,188
791
597
753
727

152
153
154
155
156

Florence, Ala. SMSA
Fort Lauderdale-Hollywood, Fla. SMSA
Fort Myers, Fla. SMSA
Fort Smith, Ark.-Okla. SMSA
Gadsden, Ala. SMSA

158
621
87
208
158

195
782
113
267
155

236
1,119
158
268
189

251
1,263
181
287
211

266
1,510
205
320
225

282
1,815
237
347
251

319
2,201
294
390
272

343
2,522
338
427
279

380
2,778
372
470
300

157
158

Gainesville Fla. SMSA
Gastonia, N.C. SMSA
Greensboro-Winston-Salem-High Point, N.C. SMSA
Greenville, S.C. SMSA
Huntington-Ashland, W. Va.-Ky.-Ohio SMSA
Huntsville, Ala. SMSA
Jacksonville, Fla. SMSA

111
211

138
245

186
316

205
353

233
375

266
414

305
451

348
478

522

1,021
403
460
296
934

1,220
494
496
357
1,086

1,511
613
609
587
1,272

1,685
706
648
642
1,377

1,866
761
689
646
1,475

2,041
841
723
694
1,638

2,267
920
777
728
1,791

2,492
1,005
851
784
2,019

2,688
1,094
915
847
2,163

388
648
138
288
391

456
725
158
277
428

551
870
205
303
558

599
943
216
330
594

650
1,011
243
383
658

713
1,100
270
425
694

781
1,204
300
444
789

847
1,299
330
476
844

927
1,419
361
515
930

255
518
1,586
185
314

318
601
1,800
228
368

425
779
2,191
276
448

468
842
2,378
297
498

514
909
2,549
317
563

573
989
2,834
355
615

629
1,068
3,091
392
675

678
1,169
3,346
430
748

730
1,292
3,538
463
809

242
1,186
2,087
601
162

364
1,386
2,456
663
185

664
1,723
3,064
838
229

771
1,902
3,344
854
252

891
2,032
3,816
854
278

985
2,244
4,344
910
308

993
2,470
4,999
978
320

927
2,665
5,615
1,068
333

934
2,938
6,156
1,152
371

319
900
1,909
481
1,075

355
1,028
2,094
583
1,264

435
1,302
2,726
730
1,540

461
1,445
2,972
789
1,662

502
1,558
3,168
871
1,822

539
1,723
3,399
933
2,035

586
1,895
3,599
1,027
2,237

636
2,022
3,860
1,106
2,339

708
2,166
4,124
1,174
2,527

647
137
237
382
153

759
146
260
424
192

895
185
330
.538
248

961
201
362
570
280

1,085
209
406
613
337

1,219
222
431
683
376

1,395
240
456
754
402

1,539
254
490
788
422

1,795
270
517
859
448

117
293
1,013
308
134

140
363
1,204
360
175

174
468
1,516
439
225

188
524
1,654
465
245

207
571
1,779
516
279

218
643
1,936
576
328

236
733
2,134
637
397

257
819
2,347
699
452

277
892
2,546
767
502

341
541
236
116
1,443

344
563
283
134
1,719

408
662
363
178
2,075

430
717
413
191
2,238

480
784
439
215
2,486

555
861
478
251
2,802

631
900
527
294
3,174

665
970
576
336
3,580

1,042
628
377
3,954

160
446
358
131

172
556
375
149

211
840
466
205

229
955
507
226

260
1,100
544
261

285
1,278
588
296'

317
1,444
645
334

359
1,621
688
358

159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202

Jackson, Miss. SMSA
Knoxville, Tenn. SMSA
Lafayette, La. SMSA
Lake Charles, La. SMSA
Lakeland-Winter Haven, Fla. SMSA
Lexington, Ky. SMSA
Little Rock-North Little Rock, Ark. SMSA
Louisville, Ky.-Ind. SMSA
Lynchburg, Va. SMSA
Macon, Ga. SMSA
Melbourne-Titusville-Cocoa, Fla. SMSA
Memphis, Tenn.-Ark. SMSA
Miami, Fla. SMSA
Mobile, Ala. SMSA
Monroe, La. SMSA
Montgomery, Ala. SMSA
Nashville, Tenn SMSA
New Orleans, La. SMSA
Newport News-Hampton, Va. SMSA
Norfolk-Virginia Beach-Portsmouth, Va. SMSA
Orlando, Fla. SMSA
Owensboro, Ky. SMSA
Parkersburg-Marietta, W. Va.-Ohio SMSA
Pensacola, Fla. SMSA
Petersburg-Hope well, Va. SMSA *
....
Pine Bluff, Ark. SMSA
Raleigh, N.C. SMSARichmond, Va. SMSA *
Roanoke, Va. SMSA
Sarasota, Fla. SMSA
Savannah, Ga. SMSA
Shreveport, La. SMSA
Spartanburg, S.C. SMSA
-.
Tallahassee, Fla. SMSA
Tampa-St. Petersburg, Fla. SMSA
Tuscaloosa, Ala. SMSA
West Palm Beach. Fla. SMSA
Wheeling, W. Va.-Ohio SMSA
Wilmington, N.C. SMSA




195
728
435
189 I

May 1973

SURVEY OF CURRENT BUSINESS

29

Personal Income by SMSA's and Non-SMSA Regions, for Selected Years, 1959-71—Continued
Selected components of personal income
Per capita income bv place of residence

Average annual
rates of growth

Property income

Millions of dollars
1959-71

1969-71

Rank in
SMSA's

Transfer payments

Line

Dollars

1969

1970

1971

1969

1970

1971

1959

1S62

1965

1966

1967

1968

1969

1970

1971

1,732
1,405
2,082
1,671
1,487

2,088
1,710
2,479
2,012
1,879

2,273
1,880
2,674
2,193
1,979

2,468
2,055
2,882
2,183
2,218

2,701
2,256
3,141
2,418
2,414

2,949
2,469
3,419
2,645
2,563

3,178
2,687
3,651
2,949
2,731

3,404
2,885
3,903
3,119
2,939

232
250

246
249

1959

1971

8.05
8.04
8.06
7.46
7.14

8.81
9.03
8.66
11.22
9.03

16,325
6,035
10,290

17,905
6,728
11,177

18,930
7,139
11,791

11,963
5,687
6,277

14,621
6,979
7,642

17,271
8,203
9,068

28
45

31
47

33
50

19
34

25
42

30
48

1,564
1,235
1,932
1,625
1,431

6.90
9.34
8.32
7.36
7.25

8.23
9.15
1.75
6.84

58
779
76
180
55

62
818
80
190
58

41
323
57
65
32

49
388
72
82
37

57
458
89
96
43

1,737
2,249
1,689
2,127
1,724

1,854
2,468
2,086
2,154
1,958

2,231
2,924
2,586
2,529
2,340

2,373
3,115
2,994
2,782
2,656

2,504
3,313
3,069
3,108
2,634

2,666
3,590
3,312
3,403
3,109

2,901
3,995
3,580
3,515
3,463

3,114
4,316
3,444
3,673
3,334

3,351
4,637
3,683
3,926
3,429

215
93
222
133
216

230
35
193
142
224

13'

.65

52
724
69
174
56

6.12
8.39
4.57
8.96
7.41

8.49
5.70
7.98
9.45
7.70

306
85
100
160
164

333
95
108
177
169

351
100
114
187
178

222
61
76
88
85

270
79
92
106
103

320
96
113
125
121

1,935
1,504
2,151
2,066
1,893

2,070
1,702
2,272
2,316
1,981

2,466
1,993
2,610
2,759
2,551

2,624
2,182
2,837
2,978
2,808

2,796
2,454
3,112
3,262
2,951

3,022
2,722
3,276
3,507
3,195

3,292
2,931
3,466
3,783
3,524

3,481
3,065
3,771
4,019
3,743

3,764
3,187
3,983
4,231
4,029

179
244
126
149
190

173
239
126
81
108

14$
14S
144
Ul
14€

8.86
6.88
9.73
9.51
9.91

11.07
1.29
8.62
12.31
3.47

72
60
114
75
62

81
58
126
86
65

85
60
131
91
69

66
49
82
48
29

82
61
96
60
36

98
72
113
70
43

1,670
1,664
1,615
1,670
1,610

1,810
1,810
1,782
1,893
1,896

2,210
2,224
2,158
2,155
2,098

2,417
2,594
2,263
2,403
2,313

2,556
2,901
2,510
2,766
2,765

2,776
3,281
2,804
2,902
3,007

3,070
3,291
3,029
3,190
3,245

3,294
3,143
3,203
3,505
3,275

3,566
3,333
3,409
3,851
3,266

226
227
234
225
237

203
231
226
161
236

14/
148
14S
15C
151

7.59
13.30
12.87
7.03
5.49

9.14
12.35
12.49
9.78
5.02

40
602
61
52
28

44
664
70
57
29

46
698
73
61
31

33
238
40
53
27

40
294
50
63
33

47
356
62
73
41

1,494
1,915
1,644
1,567
1,658

1,720
2,011
1,661
1,688
1,619

2,019
2,409
1,989
1,744
2,038

2,148
2,546
2,145
1,895
2,286

2,281
2,879
2,312
2,104
2,471

2,385
3,209
2,556
2,236
2,762

2,696
3,695
2,953
2,468
2,956

2,904
4,018
3,159
2,655
2,956

3,167
4,243
3,272
2,889
3,187

245
185
230
240
228

244
79
234
250
240

152
153
154
155
156

11.02
7.84

12.93
7.58

55
46

62
50

65
53

28
32

34
38

42
44

1,538
1,693

1,665
1,815

1,989
2,275

2,195
2,513

2,454
2,593

2,764
2,868

3,020
3,088

3,295
3,218

3,590
3,453

242
221

199
222

157
158

8.40
8.68
5.90
9.16
7.25

8.89
9.05
8.52
7.86
9.90

358
123
97
70
185

398
139
107
77
204

420
146
113
82
215

144
66
89
52
185

174
81
108
63
221

204
96
130
74
258

2,006
1,598
1,814
1,960
2,111

2,232
1,850
1,902
2,069
2,209

2,664
2,275
2,382
2,644
2,511

2,927
2,581
2,545
2,743
2,685

3,204
2,716
2,709
2,793
2,840

3,452
2,912
2,827
3,047
3,117

3,803
3,127
3,050
3,248
3,383

4,119
3,350
3,348
3,428
3,797

4,371
3,562
3,568
3,681
4,017

161
238
200
170
137

59
204
202
194
114

159
16C
161
162
163

7.53
6.75
8.34
4.96
7.49

8.95
8.56
9.70
7.70
8.57

89
148
50
68
141

97
154
54
71
158

102
163
57
75
164

63
111
23
38
76

79
139
28
47
90

93
163
34
53
106

1,785
1,784
1,653
2,010
2,061

1,956
1,945
1,810
1,847
2,082

2,287
2,241
2,064
2,207
2,689

2,497
2,403
2,056
2,380
2,706

2,558
2,575
2,266
2,693
2,975

2,821
2,772
2,491
2,949
3,090

3,052
3,023
2,724
3,072
3,476

3,272
3,239
2,951
3,274
3,684

3,529
3,483
3,178
3,536
3,958

204
205
229
159
152

214
219
242
212
135

164
165
166
167
168

9.16
7.91
6.91
7.94
8.21

7.73
9.99
6.99
8.68
9.48

69
135
413
52
90

76
149
461
58
98

81
158
483
63
104

46
96
239
32
54

56
117
285
38
67

66
138
342
46
79

1,956
1,938
2,215
1,678
1,775

2,273
2,047
2,361
1,963
1,906

2,760
2,556
2,832
2,280
2,304

2,983
2,752
3,018
2,446
2,534

3,269
2,905
3,182
2,604
2,877

3,464
3,147
3,497
2,892
3,059

3,713
3,349
3,785
3,180
3,303

3,883
3,611
4,041
3,479
3,614

4,207
3,940
4,267
3,703
3,949

173
178
103
224
209

84
139
75
188
136

16S
17C
171
172
173

11.91
7.85
9.43
5.57
7.15

-3.02
9.06
10.97
8.53
7.67

184
292
853
136
52

166
309
944
149
52

173
327
997
157
56

58
196
482
100
33

74
243
576
123
40

90
289
684
147
47

2,232
1,782
2,299
1,685
1,622

2,847
1,960
2,335
1,759
1,775

3,557
2,358
2,770
2,127
2,050

4,107
2,570
2,932
2,232
2,261

4,404
2,703
3,235
2,246
2,458

4,780
2,967
3,558
2,433
2,714

4,535
3,240
3,999
2,608
2,797

4,015
3,453
4,395
2,829
2,883

4,013
3,749
4,706
3,016
3,182

96
207
76
223
233

115
181
27
248
241

174
175
176
177
178

6.87
7.59
6.63
7.72
7.38

9.92
6.91
7.05
6.92
6.28

72
269
512
85
193

79
278
548
82
214

84
294
577
75
227

53
140
297
64
167

65
168
369
81
207

77
200
431
96
247

1,630
1,965
2,137
2,152
1,865

1,768
2,158
2,270
2,371
2,084

2,157
2,568
2,708
2,745
2,431

2,280
2,803
2,917
2,880
2,610

2,501
2,970
3,070
3,050
2,831

2,732
3,263
3,300
3,243
3,149

2,982
3,548
3,470
3,525
3,353

3,151
3,731
3,688
3,781
3,433

3,532
3,933
3,881
3,949
3,697

231
168
131
125
194

213
141
157
137
189

179
18C
181
182
182

8.87
5.82
6.72
6.99
9.37

13.43
6.07
6.48
6.74
5.57

149
20
59
69
46

164
22
62
64
49

174
23
65
57
52

130
21
41
70
26

157
26
50
83
31

189
31
61
98
36

2,093
1,967
1,826
1,935
1,578

2,137
1,949
2,008
1,932
1,857

2,343
2,406
2,463
2,355
2,301

2,470
2,613
2,661
2,470
2,551

2,745
2,696
2,924
2,662
2,892

3,018
2,840
3,067
2,930
3,208

3,338
3,047
3,210
3,152
3,485

3,540
3,189
3,393
3,224
3,712

3,900
3,421
3,551
3,459
3,942

143
167
198
180
239

150
225
207
221
138

184
18f
186
187
188

7.45
9.72
7.98
7.90
11.63
6.10
5.61
8.50
10.32
8.76

8.34
10.31
9.23
9.73
12.45
4.87
7.60
9.16
13.24
11.61

30
87
307
104
106

33
100
335
115
120

35
106
354
123
125

26
50
154
59
66

33
62
188
70
81

38
72
221
82
98

1,467
1,774
2,282
1,945
1,801

1,640
2,007
2,543
2,159
2,021

2,052
2,394
3,002
2,504
2,301

2,165
2,586
3,240
2,639
2,462

2,379
2,715
3,452
2,910
2,709

2,572
2,962
3,696
3,213
3,021

2,770
3,298
4,031
3,530
3,452

3,004
3,577
4,395
3,851
3,717

3,197
3,757
4,684
4,167
3,989

247
210
83
177
202

238
176
29
90
122

18c
19C
191
192
192

75
116
58
58
616

77
126
65
66
680

82
131
69
69
717

53
81
42
26
450

65
98
51
32
539

78
116
60
38
635

1,846
1,950
1,526
1,614
1, 924

1,754
1,955
1,762
1,720
2,063

2,129
2,306
2,196
2,081
2,300

2,292
2,509
2,476
2,105
2,441

2,666
2,698
2,595
2,311
2,660

3,018
2,913
2,784
2,633
2,896

3,385
3,057
3,074
2,946
3,191

3,534
3,301
3,308
3,234
3,514

3,764
3,511
3,546
3,547
3,812

195
174
243
235
183

171
216
210
209
168

194
19£
19€
197
198

6.97
11.35
5.59
8.74

12.23
12. 62
8.17
9.98

29
283
75
35

33
325
81
42

35
367
85
44

31
128
62
26

38
157
73
32

45
193
87
39

1,493
2,012
1,889
1,450

1,497
2,136
2,020
1,569

1,652
2,473
2,365
1,949

1,793
2,753
2,567
2,088

1,965
3,069
2,790
2,262

2,244
3,420
3,001
2,522

2,444
3,795
3,240
2,819

2,725
4,102
3,521
3,113

3,018
4,458
3,725
3,270

246
158
191
249

247
46
184
235

199
200
201
202




13i
13[

134
131

m
m
13c
14C
141

SUEVEY OF CURKENT BUSINESS

30

May 1973

Table A.—Total Personal Income, Selected Components of Personal Income, and Per Capita
Total personal income by place of residence

Line

203

204
205
206
207
208
209

210

Millions of dollars

Southwest region
- Sum of non-SM^SA counties in Southwest region
Sum of S M S A ' s in Southwest region
Abilene, Tex SMSA
AlbuQuerQue N M!ex SMSA
Amarillo Tex SMSA
Austin, Tex. SMSA
..._..
Beaumont-Port Arthur-Orange, Tex SMSA

211
212
213
214
215

Brownsville-Harlingen-San Benito Tex. SMSA
Bryan-College Station, Tex. SMSA
Cornus Christi Tex SMSA
Dallas, Tex. SMSA
..
El Paso Tex SMSA

216
218
219
220

Fort Worth Tex SMSA
Galveston-Texas City Tex. SMSA
Houston Tex SMSA
Killeen-Temple Tex SMSA
Laredo Tex SMSA

221
222
223
224
225

Lawton Okla SMSA
Lubbock Tex. SMSA
McAllen-Pharr-Edinburg, Tex. SMSA
Midland Tex SMSA
Odessa Tex SMSA

226
227
228
229

Oklahoma Citv Okla SMSA
Phoenix Ariz. SMSA
San Angelo Tex SMSA
San Antonio Tex SMSA
Sherman-Denison Tex SMSA

217

230
231
232
233
234
235
236
237
238

239
240
241
242
243

244
245
246
247
248

249
250
251
252
253
254
255
256
257

258
259
260
261
262

263
264
265
266
267
268
269
270

271
272
273

274
275
276
277
278
279
280

281
282
283
284

-

. .__

.

-

-

- --

_

. . . ---

.

. .

- -

-

-.-.

- --

. . .

- - -

1965

1966

1967

1968

1969

1970

1971

26,375
8,103
18,272
232
576
333

30,388
9,204
21,184
268
638
392

36,537
10,685
25,852
282
770
436

39,848
11,445
28,404
299
811
520

43,670
12,050
31,619
328
876
523

48,267
13,170
35,097
348
930
504

53,180
14,366
38,814
368
1,013
493

58,453
15,825
42,628
409
1,125
548

358

418

533

578

658

777

875

634

704

810

890

966

1,019

1,103

1,206

62,436
16,745
45,690
432
1,241
588
1,081
1,280

178
60
444
2,709
564

173
72
521
3,104
613

236
98
645
3,865
682

252
107
691
4,223
810

245
118
757
4,777
872

271
133
803
5,436
979

294
149
870
6,169
1,043

331
169
955
6,674
1,092

360
186
1,012
7,000
1,163

2,187

2,491

2,760

2,970

3,047

-

1,705

1,880

284

331

4,764
346
100

5,196
355
109

491

544

569

3,750
319
77

5,914
508
128

6,650
482
144

7,402
554
162

8,245
635
181

8,901
630
197

174
306
177
167
201

201
360
200
203
209

242
446
240
227
244

293
476
258
236
259

371
498
268
250
274

404
532
300
263
285

414
575
322
271
307

422
643
363
288
332

411
679
396
305
352

1,051
1,274

1,252
1,708

1,542
2,128

1,660
2,353

1,812
2,611

1,991
2,921

2,176
3,346

2,438
3,761

166

178

194

213

226

2,648
4,208

112

141

1,202
127

1,378
142

1,707
174

1,969
187

2,108
201

2,376
230

2,645
265

253

272

2,863
286

3,141
280

323

- -

--

- -

-

-- -

Far West region
Sum of non-S!V£SA counties in Far W^esit region
Sum of SMSA'S in Far West region
Anaheim-Santa Ana-Garden Grove, Calif. SMSA
Bakersfield Calif SMSA

- - -

-

. .
- .. -

Eugene-Springfield, Oreg SMSA
Fresno Calif SMSA
Las Vegas Nev SMSA
Los Angeles-Long Beach Calif SMSA
Modesto, Calif. SMSA

-... .

- -

--

- -

Oxnard-Simi Valley-Ventura, Calif. SMSA
Portland Oreg-Wash SMSA
Reno Nev SMSA
Richland-Kennewick, Wash. SMSA
Riverside-San Bernardino-Ontario Calif SMSA

. .

San Jose Calif SMSA
Santa Barbara-Santa Maria-Lompoc Calif. SMSA
Santa Cruz Calif. SMSA
Santa Rosa Calif.SMSA
Seattle-Everett, Wash. SMSA

.

-

. .-. .

Spokane Wash SMSA
Stockton Calif. SMSA
Tacoma, Wash. SMSA
Vallejo-Fairfield-Napa Calif SMSA
Yakima Wash SMSA
Alaska and Hawaii region
Sum of non-SMSA counties in Alaska and Hawaii region
Sum of SMSA's in Alaska and Hawaii region
..
Anchorage Alaska SMSA
Honolulu Hawaii SMSA

- -*.

- ...

.

799

892

987

1,356

1,460

1,600

346
1,138
1,706

352
1,290
1,821

360
1,455
1,931

182
305
316

219
358
322

235
367
388

255
391
405

281
432
447

313
453
490

347
491
508

371
518
556

8,715
3,924
4,791
184

10,417
4,528
5,890
196

11,833
5,098
6,735
220

12,610
5,351
7,259
229

13,426
5,595
7,831
255

14,651
5,991
8,660
275

307
197
643

334
201
736

16,201
6,654
9,546
286

17,932
7,337
10,595
317

19,658
7,923
11,735
351

2,257

2,798

3,197

3,473

3,747

4,201

4,701

5,244

5,895

168

201

231

246

251

269

291

314

334

209
169
222

257
190
262

288
228
288

328
240
303

356
261
311

378
305
341

396
325
366

433
358
404

476
390
442

254
155
393

203

267
180
491

235

288
182
544

378
217
813

423
240
895

465
260
957

942

1,184

1,344

1,426

1,505

1,620

1,773

1,967

2,165

52,051
5,815
46,236
1,627
650

61,966
6,583
55,383
2,376
720

75,162
7,714
67,448
3,358
927

81,915
8,321
73,594
3,681
972

88,292
8,632
79,660
4,161
1,013

97,085
9,452
87,633
4,657
1,093

105,401
10,187
95,214
5,226
1,121

112,445
10,952
101,493
5,702
1,195

119,213
11,908
107,305
6,029
1,285

349
774
337

381
869
594

487

503

529

580

631

689

757

1,065

1,140

1,263

1,400

793

843

980

25,933
520

27,660
543

30,004
604

1,541
1,133
32,355
652

1,671
1,241
34, 228
717

1,801
1,359
35, 770
774

1,108
3,614

1,222
3,986

1,313
4,257

1,408
4,583

17,300
328

20,029
399

744

24,008
475

455

562

820

914

966

1,929

2,249

2,785

3,029

3,286

310

403

400

418

455

523

578

647

200
1,756

246
2,068

271
2,591

292
2,761

310
3,005

317
3,329

338
3,611

361
3,966

391
4,204

1,446

1, 856

2,244

2,370

2,498

2,677

2,853

3,120

3,375

258
512

314
607

405
688

436
833

472
826

515
960

2,321
7,740

2,752
9,221

3,247
11,318

3,674
12, 246

4,093
13, 215

1,600
428
174

2,162
613
245

2,790
697
303

3,129
755
327

3,480
784
340

574

623

677

4,676
14,420

1,014
5,209
15, 530

1,088
5,543
16, 605

1,191
5,950
17, 585

3,946
851
384

4,368
921
410

4,704
988
448

5,039
1,042
485

312

361

470

507

527

584

651

717

764

2,925

3,478

3,892

4,556

5,187

5,803

6,239

6,315

6,409

794
1,024

861
1,013
1,166

933
1,103
1,338

1,029
1,196
1,480

739
386

792
408

871
432

931
471

1,094
1,267
1,565
1,013

1,182
1,380
1,607
1,082

3,154
732
2,422
548
1,875

3,475
788
2,688
639
2,048

3,851
850
3,001
691
2,310

4,345
964
3,380
767
2,613

595

649

561
674
464
265

660
796
559
308

806
898
682
341

. .

1,899
473
1,426
343
1, 084

2,374
570
1,805
396
1,409

2,919
697
2,222
512
1,710

1. U.S. totals shown for 1965 and 1966 do not agree with totals shown in the State personal
income series (August 1972 SURVEY).

688

716

159

-

. . . .

282

646

1,244

255

. . . . . .

435

667

200
133
307

Great Falls Mont SMSA
Oeden Utah SMSA
Provo-Orem Utah SMSA
Pueblo Colo SMSA
Salt Lake City Utah SMSA

402

1,032

516
982
151
267
250

. - .

1,351

987

3,273
221
71

131

Rocky Mountain region
Sum of non-SMSA counties in Rocky Mountain region
Sum of SMSA's in Rocky Mountain region
Billings Mont SMSA
Boise City Idaho SMSA
Cheyenne, Wyo. SMSA
Colorado Springs Colo SMSA
Denver, Colo SMSA




1962

1,248
.-

Texarkana Tex-Ark. SMSA
Tucson Ariz SMSA
Tulsa Okla SMSA
Tyler Tex SMSA
Waco Tex SMSA
Wichita Falls Tex SMSA

Sacramento Calif. SMSA
Salem, Oreg. SMSA
Salinas-Seaside-Monterey, Calif. SMSA
San Diego Calif SMSA
San Franciso-Oakland, Calif. SMSA

. .

1959

731

880

485

526

4,935
1,090
3,845
863
2,983

5,285
1,173
4,111
955
3,156

2. The BEA definition of SMSA's in New England differs from that of the Office of Management and Budget.

May 1973

SURVEY OF CURRENT BUSINESS

31

Personal Income by SMSA's and Non-SMSA Regions, for Selected Years, 1959-71—Continued
Selected components of personal income
P e r capita income b y place of residence

Averag<j annual
rates of growth

Property income

Rank in
SMSA's

Transfer payments

Millions of dollars

1959-71

1969-71

1969

1970

1971

1969

Line

Dollars
1970

1971

1959

1S62

1965

1966

1967

1968

1969

1970

1971

1959

1971

7.45
6.24
7.94
5.32
6.60
4.85
9.65
6.03

8.35
7.96
8.50
8.35
10.68
9.21
11.15
7.73

7,797
2,232
5,565
65
153
94
133
130

8,690
2,489
6,201
74
163
107
148
144

9,196
2,647
6,549
78
174
113
156
151

4,553
1,703
2,850
33
88
41
70
87

5,471
2,011
3,460
38
112
48
83
103

6,371
2,318
4,052
43
132
55
96
120

1,903
1,614
2,067
1,964
2,271
2,267
1,717
2,109

2,038
1,758
2,189
2,066
2,271
2,389
1,817
2,198

2,373
2,061
2,532
2,275
2,509
2,660
2,146
2,606

2,563
2,207
2,742
2,479
2,636
3,097
2,255
2,883

2,779
2,333
2,998
2,793
2,831
3,176
2,543
3,106

3,021
2,566
3,236
2,917
3,003
2,888
2,928
3,236

3,261
2,763
3,495
3,147
3,219
3,082
3,107
3,485

3,518
3,008
3,755
3,567
3,552
3,774
3,322
3,797

3,692
3,129
3,952
3,714
3,752
3,987
3,585
3,970

169
85
86
217
138

185
180
124
200
131

203
204
205
206
207
208
209
21C

6.04
9.89
7.11
8.23
6.22

10.66
11.73
7.85
6.52
5.60

42
26
139
823
92

49
29
155
918
102

52
31
164
966
107

34
14
66
366
78

42
17
79
441
96

48
19
92
512
113

1,202
1,373
1,698
2,465
1,829

1,160
1,581
1,967
2,588
1,772

1,618
2,028
2,316
2,950
1,944

1,734
2,177
2,492
3,143
2,284

1,727
2,415
2,682
3,435
2,449

1,987
2,723
2,794
3,760
2,672

2,113
2,786
3,031
4,097
2,864

2,345
2,894
3,335
4,267
3,023

2,515
3,149
3,482
4,408
3,172

252
251
220
43
197

253
245
220
53
243

211
212
213
214
21C

7.72
7.65
8.69
9.12
8.88

5.07
9.96
9.66
6.64
10.28

363
86
1,116
76
23

405
100
1,244
88
27

429
107
1,306
94
28

183
44
428
31
18

226
52
528
36
22

271
62
623
42
25

2,217
2,059
2,350
1,910
1,123

2,269
2,230
2,411
2,381
1,150

2,703
2,533
2,805
2,312
1,330

2,931
2,681
2,983
2,509
1,472

3,283
2,941
3,285
3,756
1,741

3,596
3,189
3,482
3,308
1,882

3,781
3,330
3,788
3,614
2,155

3,877
3,785
4,132
3,952
2,476

3,918
3,968
4,393
3,864
2,651

101
154
62
187
253

146
133
55
160
252

216
217
218
21S
22C

7.43
6.87
6.94
5.15
4.78

-.36
8.67
10.90
6.09
7.08

66
109
50
57
52

68
123
58
62
58

72
131
62
65
62

18
40
40
13
18

22
48
49
16
22

26
55
56
18
25

1,947
1,997
995
2,505
2,251

1,929
2,156
1,102
2,955
2,318

2,518
2,477
1,282
3,490
2,687

2,872
2,583
1,387
3,682
2,867

3,151
2,803
1,472
4,026
3,077

3,439
2,972
1,709
4,342
3,410

3,663
3,202
1,795
4,285
3,486

3,883
3,569
1,988
4,374
3,601

3,872
3,709
2,136
4,571
3,759

175
162
254
36
91

158
186
254
40
175

221
225
22S
224
22B

8.01
10.47
7.67
8.33
6.81

10.31
12.14
9.71
8.97
2.79

273
425
44
339
46

301
485
49
378
51

317
518
53
397
54

192
280
21
220
26

229
343
25
274
30

270
410
28
317
35

2,089
1,983
1,762
1,709
1,769

2,340
2,203
1,999
1,783
1,868

2,673
2,498
2,344
2,141
2,293

2,876
2,705
2,511
2,415
2,354

3,079
2,934
2,709
2,571
2,461

3,369
3,195
2,986
2,826
2,817

3,528
3,537
3,169
3,092
3,206

3,785
3,841
3,547
3,297
3,420

4,033
4,167
3,752
3,561
3,295

144
165
214
219
213

107
89
179
205
233

226
227
22$
22?
23(

8.79
9.02
5.80
7.78
5.68
6.89

2.00
13.07
6.39
8.87
6.93
6.52

57
207
246
58
83
92

57
234
270
66
92
97

61
248
283
70
97
103

34
112
142
30
48
35

41
135
169
35
56
41

47
163
199
40
64
47

1,453
2,008
2,384
1,783
1,811
1,960

1,736
2,230
2,393
1,992
1,968
2,279

2,178
2,288
2,862
2,376
2,231
2,597

2,565
2,511
3,058
2,529
2,355
3,098

3,011
2,752
3,197
2,723
2,538
3,307

3,393
2,972
3,425
3,028
2,838
3,523

3,516
3,297
3,612
3,278
3,014
3,833

3,464
3,629
3,806
3,551
3,314
3,960

3,492
3,923
3,977
3,748
3,437
4,266

248
160
54
206
201
171

217
145
127
182
223
76

231
232
23;
234
231
236

7.01
6.03
7.75
5.53
7.28
5.74
9.94
8.33
5.89
7.10
7.22
5.91
7.18
7.15
6.15
7.27
11.53
5.84
6.66
7.29
12.32
6.24
7.42
9.87
7.48
8.07
5.75
7.55
7.32
8.37
7.29
8.16
7.08
10.03
7.70
8.92
7.75
6.76
5.89
7.79
7.51
7.31
5.88
8.90
7.86
9.22
8.91
9.31

10.15
9.12
10.87
10.78
10.91
9.46
8.50
11.98

2,327
978
1,349
48
50
37
118
676

2,585
1,085
1,500
52
55
43
130
752

2,743
1,150
1,593
55
59
45
139
801

1,428
677
751
23
30
18
50
357

1,711
806
905
28
37
21
60
431

1,998
936
1,062
33
43
25
72
505

2,062
1,858
2,267
2,350
2,177
2,286
2,189
2,491

2,275
2,046
2,488
2,387
2,572
2,570
2,394
2,681

2,518
2,320
2 691
2,* 535
2,616
2,941
2,748
2,873

2,663
2,433
2,863
2*711
2,791
3,060
2,930
3,087

2,807
2,546
3,029
2*. 971
2,948
3,616
3,151
3,257

3,010
2,710
3,259
3,154
3,110
3,680

3,331
3,524

3,278
2,971
3,531
3,291
3,425
3,900
3,554
3,882

3,556
3,220
3,834
3,610
3,745
4,231
3,764
4,238

3,812
3,404
4,147
3,904
3,994
4,515
3,886
4,658

63
113
78
110
39

148
121
41
156
32

23'
23?
23?
24C
241
242
24C
244

7.13
9.64
9.54
9.89
10.50

48
64
47
56
204

52
71
53
63
229

55
75
56
68
241

23
39
28
43
139

27
46
35
52
168

32
54
42
61
195

2,314
1,929
1,613
1,920
2,153

2,542
2,168
1,677
2,188
2,429

2,813
2,384
1,920
2,459
2,574

3,047
2,680
1,923
2,620
2,670

3,109
2,879
2,069
2,682
2,787

3,314
3,033
2,380
2,917
2,979

3,584
3,156
2,416
3,113
3,212

3,829
3,410
2, 560
3,393
3,496

3,970
3,692
2,698
3,694
3,756

73
181
236
184
124

132
192
251
191
177

24E
246
24'
24*
24?

6.35
8.12
6.16
7.41
7.07

14,406
1,303
13,103
513
97

15,592
1,426
14,166
598
91

16,304
1,476
14,828
620
85

10,113
1,256
8,857
418
140

12,433
1,527
10,907
528
163

14,611
1,770
12,841
634
188

2,562
2,224

2*349
2,263

2,793
2,274
2)871
2,699
2,364

3,141
2 580
3*, 220
2*920
2,886

3,367
2 738
3)457
3*040
3,022

3,563
2 831
3*666
3)271
3,155

3,863
3 089
3)970
3^525
3,397

4,118
3,284
4,233
3,796
3,443

4,324
3,455
4,445
3,984
3,623

4,520
3,689
4,635
4,020
3,825

65
87

111
166

25(
251
25',
251
2&

9.53
8.11
9.52
5.14
8.96
7.34
7.23
11.23
7.55
7.90
8.77
8.60
8.38
6.88
6.41
7.41
6.37
8.76
8.33
1.35

81
333
112
4,253
82

88
352
127
4,643
95

94
363
134
4,891
96

64
182
64
2,958
90

79
220
80
3,612
110

91
251
101
4,278
125

2,172
2,150
2,713
2,911
2,116

2,120
2,253
3,651
3,120
2,386

2,520
2,623
3,141
3,530
2,680

2,521
2,787
3,285
3,806
2,876

2,633
3,087
3,402
4,011
2,937

2,878
3,431
3,803
4,331
3,221

3,022
3,774
4,236
4,629
3,410

3,211
4,041
4,501
4,870
3,672

3,404
4,269
4,767
5,087
3,837

116
127
12
5
136

227
73
19
10
164

25,
25*
25'
25*
25<

133
581
69
43
383

152
635
73
44
436

153
669
77
46
454

120
345
38
28
497

149
426
45
37
598

176
495
54
44
695

2,322
2,378
3,079
2,373
2,203

2,356
2,667
2,977
2,840
2,332

2,621
3,078
3,551
3,231
2,514

2,762
3,281
3,698
3,415
2,630

2,801
3,477
3,789
3,522
2,800

3,142
3,742
3,994
3,562
3,050

3,304
4,001
4,417
3,731
3,218

3,460
4,199
4,730
3,860
3,456

3,559
4,436
5,121
4,158
3,593

71
56
1
57
109

206
48
8
92
198

26(
261
26;
26[
26^

299
79
110
785
2,670

325
87
134
834
2,832

340
92
135
893
2,960

362
67
82
467
1,367

438
80
97
575
1,647

508
92
113
675
1,927

2,349
1,770
2,625
2,283
2,969

2,660
1,959
2,944
2,446
3,285

2,963
2,324
3,052
2,772
3,801

3,095
2,495
3,417
3,031
4,077

3,237
2,698
3,264
3,303
4,346

3,464
2,899
3,810
3,636
4,694

3,638
3,131
3,975
3,884
5,028

3,881
3,320
4,371
4,083
5,336

4,098
3,523
4,731
4,262
5,633

66
212
23
82
3

96
215
23
77
2

26,
26(
26
26*
26<

568
123
58
84
857

603
138
67
96
893

632
139
68
97
930

337
97
62
96
449

430
117
73
116
632

513
137
86
134
763

2,532
2,576
2,094
2,154
2,672

2,807
2,844
2,582
2,227
3,004

3,081
2,802
2,786
2,561
3,251

3,335
2,992
2,922
2,716
3,667

3,567
3,074
2,961
2,768
3,955

3,934
3,309
3,213
3,023
4,232

4,227
3,516
3,351
3,239
4,439

4,389
3,735
3,610
3,499
4,435

4,572
3,889
3,815
3,584
4,484

31
28
142
123
18

39
155
167
201
44

27(
271
275
27C
274

7.18
7.42
4.20
7.81
5.68
10.29
10.31
10.29
11.58
9.90

189
275
145
120
61

192
276
153
138
64

201
293
159
139
67

109
135
125
102
57

135
159
163
123
72

158
182
195
143
83

2,161
2,280
2,120
2,354
1,844

2,326
2,524
2,365
2,625
2,131

2,726
2,944
2,587
2,922
2,458

2,934
3,168
2,841
3,124
2,750

3,195
3,623
3,095
3,283
2,872

3,447
3,913
3,429
3,570
3,032

3,733
4,199
3,650
3,798
3,332

3,800
4,330
3,802
4,019
3,343

4,050
4,632
3,910
4,178
3,612

120
84
134
61
196

102
36
147
88
196

271
27t
27"
27*
27?

482
88
394
41
352

548
100
448
47
401

575
106
469
51
419

250
70
180
28
152

319
91
228
38
191

402
113
289
47
242

2,277
2 020
2* 377
2*909
2,247

2,641
2 335
2', 755
2*993
2,695

3,012
2 703
3 124
3*458
3,037

3,258
2*885
3,391
3,640
3,325

3 525
3 091
3 676
4,'081
3,565

3,835
3 319
4*012
4,'224
3,953

4,181
3)651
4*362
4*474
4,330

4,626
4,075
4)810
4,'843
4,801

4,839
4,356
4)998
5,*115
4,963

9
14

28(
281
282
283
284

2J 631

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.




6
94

This differs from OMB's definition which includes Colonial Heights with the Petersburg
SMSA.
Source: U.S. Department of Commerce, Bureau of Economic Analysis.

SUKVEY OF CUEEENT BUSINESS

32

May 1973
Tables 1-48.—Earnings of Persons by
IMillions

Table 1.—Total United
States
Item

Total earnings
Farm earnings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
Military
State and local
Private nonfarm earnings
M anufacturing
Mining
Contract construction
Trans, communication & public utilities
Wholesale & retail trade
Finance, insurance & real estate
Services
Other...

1969

1970

1971

600,810
19,889
580,921
101,464
42,429
25, 727
16, 702
59,035
479,457
174,641
5,849
37,093
41,683
98,704
31,172
88,520
1,795

636,041
20,374
615,667
112,332
45,750
28,603
17,147
66,582
503,335
176,784
6,388
38,976
45,160
105,285
32,667
96,233
1,842

675,058
20,985
654,073
121,529
48,120
30,682
17,438
73,409
532,544
180,7G4
6,572
42,193
112, 411
36, 269
103,524
1,965

Table 13.—ManchesterNashua, N.H. SMSA
Item
1969

Total earnings
Farm earnings.
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian.
Military
State and local
Private nonfarm earnings
M anufacturing
Mining
Contract construction
Trans., communication
& public
utilities.
Wholesale & retail trade
Finance, insurance and real estate
Services
Other

1970

1971

Total earnings
Farm earnings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
Military
State and local
Private nonfarm earnings
M anuf acturing
Mining
Contract construction
Trans, communication & public
utilities.
Wholesale & retail trade
Finance, insurance and real estate..
Services
Other

1969

197C

1971

table.

1970

1971

474,266 501,685 531,405
4,774
4,766
4,969
469,492 496,920 526,436
78,137
86,673
93,752
33, 663 36,391
38,256
21,237
23,705
25,404
12, 687
12,426
12,852
50,282
44,473
55, 496
391,355 410, 246 432,684
140,218 141,198 143,239
2,722
2,911
3,000
31,502
30,051
33,924
34, 766
37,690
40, 731
80,525
85,954
91,537
27,854
29,115
32, 291
74,184
80,783
1,036
1,094
1,194

Table 14.—New HavenWaterbury-Meriden,
Conn. SMSA

Table 15.—Norwich-Groton-New
London,
Conn. SMSA

1969

1970

1971

1969

732
4
728
70
29
26
3
41
658
291
1
60
59

767
4
763
79
33
29
4
47
684
295
1
55

2,449
10
2,439
240
56
43
13
184
2,200
944
4
176
183

2,581
9
2,572
263
65
51
13
198
2,309
930
4
203
196

2,689
9
2,679
289
72
57
15
217
2,390
906
5
210
213

690
10
680
177
113
41
72
64
503
271

107
33
84
1

116
36
94
1

124
41
102
1

385
100
403
4

415
104
451
5

435
114
502
5

Table 26.—Altoona, Pa.
SMSA

L969

1970

1971

69

1,710
17
1,693
119
21
15
6
98
1,574
869

1,827
20
1,808
131
23
16
6
108
1,677
915

331
5
327
36
9
7
2
28
291
108

353
5
348
40
9
7
2
31
308
112

89
128

98
133

1,899
12
1,887
140
24
17
7
116
1,747
921
(5)
107
141

20
60

229
52
199

246
55
218

269
58
241

51
8
43

Table 37.—Long BranchAsbury Park, N.J. SMSA


See footnotes at end of


1969

126,544 134,356 143,653
15,115
16,016
15,608
111, 429 118, 747 127,637
23,327
25,659
27,777
8,766
9,359
9,864
5,278
4,490
4,898
4,586
4,276
4,460
14,562
17,913
16,300
88,102
93,089
99,860
34,423
37,465
35,586
3,127
3,572
3,477
7,042
8,269
7,474
8,175
6,917
7,470
18,179
20,874
19,331
3,552
3,978
3,318
14,336
15, 450
16, 755
771
759
748

1970

1971

1970

1971

Table 5.—Sum of NonSMSA Counties in
New England Region

1969

1969

1970

1971

5,555
188
5,367
1,246
606
303
303
640
4,122
1,697
12
374
258
772
176
793
39

5,895
200
5,695
1,358
641
329
312
717
4,337
1,695
13
420
280
835
191
865
39

6,212
200
6,012
1,459
664
350
314
794
4,554
1,676
13
447
306
912
215
945
40

1970

36,421 38,657
318
341
36,103 38,317
5,144
5,681
1,852
2,021
1,131
1,263
721
758
3,293
3,660
30, 959 32,636
12, 422 12,510
32
36
2,331
2,576
2,024
2,209
5,765
6,190
2,111
2,258
6,131
6,714
143
144

1971
40,351
334
40,018
6,154
2,090
1,315
775
4,065
33,863
12,220
35
2,765
2.397
6,560
2,478
7,256
152

Table 16.—Pittsfield,
Mass. SMSA

1969

1970

1971

Table 17.—PortlandSouth Portland,
Maine SMSA
1969

1970

1971

453
2
450
48
7
5
2
41
402
208
1
24
17

478
2
476
57
8
6
2
49
419
211
1
27
18

506
2
504
67
9
7
2
58
437
212
1
31
20

555
6
549
81
32
15
17
48
468
135

585
6
579
86
34
19
15
53
493
132

31
28

760
8
752
190
116
35
82
74
562
283
(6)
40
34

39
45

44
50

621
5
616
93
36
20
17
57
523
133
(6)
46
58

82
12
76

90
13
82

95
15
91

58
16
77
2

60
17
84
2

64
18
90
2

120
42
87
2

127
46
92
2

135
51
98
2

Table 27.—Atlantic City, N.J
SMSA

69

1970

1971

453
a
447
85
31
28
3
54
362
74

488

21
62

37
32

42
35

521
6
516
110
39
35
4
71
406
71
(6)
42
39

55
9
48

59
10
53

97
27
91
3

105
30
98
3

112
34
105
3

Table 38.—NassauSuffolk, N.Y. SMSA

Table 4.—New E n g land Region 2

727
9
719
193
124
46
78
69
526
271
(5)
37
30

369
4
365
43
10
8
2
33
322
111
(6)
22
65

Item

Total earnings
Farm earnings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
Military
State and local
Private nonfarm earnings
M anufacturing
Mining
C ontract construction
Trans, communication
&
public
utilities.
Wholesale & retail trade
Finance, insurance & real estate
Services
_
Other

Table 3.—Sum of S M S A'«
in United States

694
4
690
61
24
21
3
37
629
290
1
61
52

Table 25.—AllentownBethlehem-Easton,
Pa.-N.J. S M S A

Item

Table 2.—Sum of N o n S M S A Counties in United
States

482
98
36
32
3
62
384
70

Table 39.—New
Brunswick-Perth AmboySayreville, N.J. SMSA

Table 28.—Baltimore,
Md. S M S A

1969

1970

6,545
26
6,519
1,434
762
478
284
673
5,085
1,817

7,004
25
6,978
1,562
823
528
295
739
5,416
1,829

406
512

471
560

1,099
(6)
903

1,184
363
994

Table 29.—Binghamton,
N.Y.-Pa. S M S A

969

7,434
21
7,413
1,688
883
594
290
805
5,725
1,813
(5)
517
601

892
15
877
124
14
11
3
110
753
414
(*)
50
43

1,294
392
1,092
(5)

120
28
95

Table 40.—New York,
N.Y. S M S A

1970

1971

54
47

971
14
957
151
17
13
4
134
806
416
(5)
63
50

126
29
101

131
31
110

936
15
920
139
16
13
3
123
781
421
(5)

Table 41.—Newark,
N.J. S M S A

1969

1970

1971

1969

1970

1971

2,099
5
2,093
256
31
23
8
225
1,837
933
4
137
168

38,976
4
38,973
5,045
1,139
987
152
3,907
33,927
8,419
(5)
1,571
3,833

41,101
3
41,098
5,764
1,288
1,128
160
4,476
35,334
8,437
42
1,765
4,160

42,917
3
42, 913
6,304
1,313
1,154
160
4,991
36,609
8,319
38
1,969
4,216

7,147
5
7,143
777
232
209
23
544
6,366
2,393
9
430
668

7,680
4
7,676
870
260
235
25
611
6,806
2,462
(5)
474
743

8,081
4
8,077
970
283
256
28
687
7,108
2,495
(5)
490
803

326
48
218
4

7,193
4,842
7,972
)

7,467
4,913
8,488

7,621
5,349
9,027
70

1,137
485
1,230
15

1,220
520
1,363
6
()

1,275
570
1,451
5
()

969

1970

1971

L969

1970

1971

1969

1970

1971

1,065
10
1,055
324
211
138
73
113
731
171
1
76
53

1,138
8
1,130
345
216
145
72
129
785
168
1
83
60

1,235
7
1,228
371
225
150
74
146
857
178
1
91
66

6,612
18
6,593
1,091
168
132
36
923
5,502
1,578
(«)
463
337

7,092
19
7,073
1,235
184
156
28
1,051
5,838
1,550
2
496
385

7,612
14
7,598
1,363
199
168
31
1,164
6,235
1,517
2
559
427

1,750
6
1,744
200
27
21
6
173
1,544
843
4
117
114

1,935
5
1,929
228
30
23
7
198
1,701
907
4
120
142

159
40
224
7

177
40
250
7

196
45
273

1,259
338
1,490
8
()

1,389
366
1,616
33

1,487
432
1,777
35

253
41

294
42
189
3

SUEVEY OF CUEEENT BUSINESS

May 1973

33

Place of Work, 1969-711
of dollars]
Table 6.—Sum of S M S A ' s
in New England Region

Table 8.—BridgeportNor walk-StamfordDanbury, Conn . S M S A

Table 7.—Boston,
Mass. SMSA 3

1969

1970

1971

1969

1970

1971

1969

1970

1971

30,866
130
30,736
3,899
1,246
828
418
2,653
26,837
10,725
19
1,957
1,765
4,993
1,936
5,339
104

32,762
140
32,622
4,323
1,380
934
446
2,943
28,299
10,814
22
2,156
1,929
5,355
2,067
5,849
106

34,139
134
34,005
4,696
1,425
965
461
3,270
29,309
10,544
22
2,318
2,091
5,648
2,263
6,311
112

12,651
29
12,622
1,797
680
485
195
1,117
10, 825
3,370
(5)
801
825
2,254
913
2,616

13,536
28
13, 508
1,990
745
535
210
1,244
11,519
3,468
(6)
876
898
2,412
961
2,855

CO

CO

14,225
28
14,197
2,148
763
550
213
1,385
12,049
3,433
(5)
982
966
2,524
1,042
3,049
(*)

2,797
3
2,794
245
40
30
10
205
2,549
1,210
1
181
109
406
105
526
12

2,964
3
2,962
271
47
36
11
224
2,691
1,230
1
189
122
440
116
580
12

3,049
3
3,046
302
53
41
12
249
2,744
1,181
1
196
133
471
135
614
12

Table
18.—Providence- Table 19.—Springfield- Table 20.—WorcesterChicopee-Holyoke,
War w i c k - P a wtucket,
Fitchburg-LeominR.I. S M S A
Mass . S M S A
ster, M a s s . S M S A

Table 9.—Burlington,
Vt. S M S A

Table 10.—Fall RiverNew Bedford, Mass.
SMSA

Table 11.—HartfordN e w Britain-Bristol,
Conn. S M S A

1969

1969

1970

1971

1969

1971

1971

1,077
8
1,069
115
18
11
7
97
954
508

1,132
8
1,124
129
21
13
8
108
995
516
(5)
57
59
173
32
148

1,185
8
1,177
140
20
13
7
121
1,036
506

3,412
19
3,393
340
65
55
10
275
3,053
1,414
2
216
131
475
387
418
10

3,594
30
3,563
379
77
64
12
303
3,184
1,388
2
250
141
513
424
456
10

3,635
25
3,610
419
85
71
14
333
3,191
1,266
2
263
149
532
469
501
10

304
5
299
45
11
10
1
34
253
99
(6)

29
16
45
13
51

CO

1970
339
6
333
51
13
12
2
38
282
108
(6)

1971
355
6
349
59
15
13
2
44
290
106
(6)

30
20
53
16
63

34
19
49
14
57

(6)

CO

Table 21.—Mideast
Region

1969

1970

1970

1971

1969

1970

1971

1969

1970

1971

2,195
3
2,192
263
65
42
24
198
1,929
824

2,340
3
2,336
298
74
49
25
225
2,038
829

2,458
2
2,456
325
75
47
27
251
2,130
834

1,625
12
1,613
276
97
49
48
178
1,337
578

1,771
14
1,756
328
104
56
48
224
1,428
559
109
92

1,757
13
1,744
194
33
19
14
161
1,550
791
1
100
94

1,840
12
1,828
214
38
22
16
177
1,614
782
1
112
109

1,900 143,558 152,913 161,318
11
1,190
1,173
995
1,889 142,368 151,740 160,323
234 24,098 27,079 29,440
39
9,911 10,957 11,623
23
7,601
8,537
9,115
16
2,310
2,420
2,508
195 14,186 16,122 17,817
1,655 118,270 124,661 130,883
750 41,919 42,557 42, 812
1
516
595
587
119
8,002
8,701
9,531
121 10,805 11,798 12,493

273
93
295
(«)

242
71
245
5

260
78
268
4

136
124

150
135

158
146

95
80

377
123
337

406
130
379

430
141
413

245
83
249

255
87
271

(5)

CO

(5)

(5)

00

(5)

CO

Table 30.—Buffalo, N.Y.
SMSA

1969

1970

1971

4,261
24
4,237
605
114
86
28
491
3,632
1,765

4,424
23
4,402
680
124
97
27
556
3,721
1,755

4,696
21
4,676
745
132
108
25
612
3,931
1,802

(5)

(5)

(5)

240
307

249
327

271
338

631
155
522
(«)

663
165
552

703
180
626

00

CO

Table 31.—Elmira, N.Y.
SMSA

1969

1971

98
144

85
320

99
350

94
370

218
72
183
(«)

247
78
200
(5)

314
70
221

332
80
237
(5)

360
85
248

(6)

52
55

50
8
37
1

50
8
39
1

52
9
42
1

103
24
82
1

113
25
88
1

121
28
97
1

200
65
167
(5)

2,587
901
2,465

Table 34.—Jersey City,
N.J. S M S A

2,344
(6)
2,344
240
60
47
13
180
2,104
946

48
50

Table 44.—Pittsburgh,
Pa. SMSA

Table 45.—Poughkeepsie, N.Y. S M S A

1969

00

1970

1971

1969

1970

1971

15,710
58
15, 652
2,423
1,220
802
418
1,203
13,228
5,264

16,545
55
16,490
2,652
1,283
864
420
1,368
13,838
5,236
(5)
1,054
1,056

17,314
46
17, 267
2,827
1,325
890
435
1,501
14, 441
5,199

6,774
12
6,762
694
186
154
32
508
6,068
2,425
90
511
536

7,150
13
7,136
772
206
174
32
566
6,364
2,490
104
501
580

7,453
10
7,443
821
216
183
33
606
6,621
2,483
101
542
633

725
11
714
133
13
11
2
119
582
326
2
37
27

795
11
785
153
16
13
2
137
632
358
2
39
31

834
10
825
169
18
15
3
151
656
365
3
41
32

924
16
908
76
12
9
3
64
832
451
11
43
56

2,764
955
2,725
(•>

2,933
1,058
2,948

1,112
300
1,086
6

1,171
318
1,192
7

1,237
348
1,269
8

81
18
88
2

88
19
92
2

93
21
99
2

120
36
115
2

00

(5)

1,103
1,147

w

1970

1971

(5)

Table 46.—Reading,
Pa. SMSA

1969

(5)

2,348
440
2,086
73

2,307
(6)
2,307
219
60
48
12
160
2,087
988

(6)

1,042
229
875

2,153
393
1,885
71

2,170
(6)
2,170
196
53
43
11
142
1,974
963

48
44

973
197
815

2,007
365
1,759
74

1969

1969

1970

1971

15,737 129,461 138,028 145,581
519
559
568
476
15,217 128,902 137,460 145,106
3,021 21,553 24,293 26,419
915
9,080 10,104 10,708
547
7,114
8,028
8,568
2,076
367
1,966
2,140
2,107 12,473 14,189 15,711
12,196 107,349 113,167 118,687
5,009 37,051 37,595 37,803
309
248
346
338
972
7,855
8,559
7,218
1,020
9,947 10,863 11,473

1,531
17
1,514
403
153
134
20
250
1,111
341

(6)

852
186
736
11

14,885
605
14,280
2,786
853
509
344
1,932
11,494
4,962
249
845
935

1,417
20
1,397
372
138
122
16
234
1,025
324
(6)
93
131

23
17

982
985

14,097
630
13,466
2,545
831
486
345
1,714
10,921
4,867
207
783
858

1971

1971

(6)

329
311

1970

1970

22
16

311
281

26, 299
10,777
27,985
400

1969

1969

(6)

5,072
3
5,069
446
73
53
19
373
4,622
1,824

(5)

1971

1,304
19
1,285
337
129
113
16
207
948
302
(5)
93
116

4,792
3
4,789
403
72
54
18
331
4,386
1,795

65
188
35
166

1970

884
13
871
87
16
12
4
70
784
430

Table 43.—Philadelphia,
Pa.- N.J. S M S A

00

0064

1969

821
20
801
79
15
11
4
64
722
397

4,433
4
4,429
357
62
46
16
295
4,072
1,737
3
288
259

w

1970

755
15
740
70
13
10
4
56
670
368

1971




1969

24,919
9,783
25,936
371

1971

Table 33.—Harrisburg,
Pa. SMSA

321
1
320
45
6
5
1
39
275
131

1970

(5)

1971

Table 32.—Erie, P a .
SMSA

23,369
9,368
23,914
361

312
2
311
41
6
5
1
35
269
133

1969

(5)

1970

281
85
293
5

296
2
294
37
5
4
1
32
257
125
(6)
21
15

CO

Table 42.—Pater so nClifton-Passaic , N . J .
SMSA

CO

(5)

52
54
160
30
138
(5)

21,362
9,021
22,155
287

22,766
9,390
24,050
300

23,951
10,337
25,898
327

Table 35.—Johnstown,
Pa. SMSA

1969

1970

1971

207
6
201
18
4
2
2
14
183
84
(6)
14
7
39
7
31
1

1970
218
6
212
20
5
3
2
15
192
89
(6)
14
8
40
7
33
1

1971
217
6
212
22
5
3
3
17
190
80
(6)
15
8
43
8
35
1

1969

1970

1971

2,249
12
2,237
542
102
81
21
440
1,695
579
(5)
156
154

2,465
11
2,454
615
109
88
21
506
1,840
608
(5)
184
174

2,679
9
2,670
677
119
94
25
558
1,992
648

364

395
96
376

423
107
419

347

00

202
186

CO
Table 36.—Lancaster,
Pa. SMSA

1969

1970

1971

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

L
i
n
e

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

L
i
n
e

586
12
574
77
11
8
3
67
497
207
55
31
39

632
16
616
86
12
9
3
75
530
212
64
30
47

664
9
656
92
13
10
3
79
563
212
67
34
56

916
57
859
70
13
9
4
57
789
429
3
57
46

992
60
931
78
14
10
4
64
854
455
4
62
51

1,037
54
983
84
14
10
5
69
899
457
4
72
56

1
2
3
4
5
6
7
8
9
10
11
12
13

81
14
68
1

87
15
74
1

94
17
82
1

131
22
98
4

147
24
108
3

160
27
120
3

14
15
16
17

Table 47.—Rochester,
r.Y. S M S A

1971

1969

1970

1971

976
17
959
85
12
9
3
72
874
454
11
49
61

1,028
14
1,015
91
13
10
3
78
924
470
11
53
64

3,164
55
3,109
347
41
32
8
306
2,762
1,552
(6)
185
125

3,275
52
3,223
392
45
36
9
347
2,831
1,582

3,442
47
3,395
430
48
39
10
382
2,965
1,600

163
132

132
37
128
2

143
42
139
2

402
105
377

420
114
402
(•)

1970

L
i
n
e

1969

Table 22.—Sum of Non- Table
24.—Albany23.—Sum of Table
S M S A Counties in
Schenectady-Troy,
S M S A ' s in Mideast
Mideast Region
Region
N.Y. S M S A

1969

1,697
16
1,681
301
101
53
47
200
1,380
570
(5)
104
85

(5)

Table 12.—LewistonAuburn, M a i n e S M S A

(5)

Table 48.—Scranton,
Pa. SMSA

1969

1970

1971

L
i
n
e

191
144

552
3
549
58
14
10
3
45
490
216
3
27
46

578
3
574
65
15
11
3
50
510
218
4
28
49

614
3
611
69
15
12
4
54
542
226
4
29
53

1
2
3
4
5
6
7
8
9
10
11
12
13

443
124
444

107
19
71

112
20
78

119
22
89

14
15
16
17

(5)

w

CO

CO

CO

SURVEY OF CURRENT BUSINESS

34

May 1973
Tables 49-96.—Earnings of Persons by
[Millions

Item

Total earnings

Farm earnings
TotaLnonfarm earnings
Government earnings
Total Federal
Federal civilian
Military
State and local
Private nonfarm earnings
Manufacturing
Mining
Contract construction
Trans, communication & public
utilities.
Wholesale & retail trade
Finance, insurance & real estate
Services
Other

Table 49.—Syracuse, N.Y.
SMSA

Table 50.—Trenton, N.J.
SMSA

Table 51.—Utica-Rome,
N.Y. S M S A

Table 52.—VinelandMillville-Bridgeton,
N.J. S M S A

969

1970

1971

1969

1970

1971

1,888
26
1,862
282
60
39
21
222
1,580
615

1,974
25
1,949
322
71
44
27
251
1,627
609

122
138

122
157

2,120
23
2,098
352
76
47
29
276
1,746
620
(5)
154
160

1,120
4
1,116
248
29
23
6
219
868
368
(«)
43
57

1,207
3
1,203
292
35
29
6
257
911
364
(5)
52

1,310
3
1,307
333
40
33
7
294
974
388
(5)
54
63

949
23
926
217
86
60
26
131
709
350
(5)
42
54

992
23
969
246
99
63
36
147
723
343
(6)
48
56

1,019
22
997
264
104
65
38
160
734
334
(«)
45
56

371
15
356
40
4
3
1
36
315
166
4
18
30

394
15
379
47
5
3
2
42
333
170
4
19
34

336
91
269

352
99
281

374
111
318

136
38
222

144
43
245

155
48
261

118
34
104

125
37
108

132
40
120

48
14
33
3

51
15

Table 61.-Akron,
Ohio S M S A

Table 62.—Anderson,
Ind. S M S A

1970

1971

Table 63.—Ann Arbor,
Mich. S M S A

1969

1970

1971
424
13
410
53
5

358
175
4
22

Table 53.—Washington,
D.C.-Md.-Va., S M S A

1969

1970

1971

10,984 12,270 13,259
16
15
17
10,969 12,254 13,243
5,088
5,806 6,288
5,070
4,152
4,721
3,461
3,964 4,281
789
691
758
1,218
936 1,085
5,881
6,448 6,955
428
442
494
649
593

701
657

(5)
786
715

1,451
510
2,197

1,590
546
2,452

1,675
622
2,597

Table 64.—AppletonOshkosh, Wis. S M S A

Table 65.—Battle
Creek, Mich. S M S A

1969

1969

Item

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 & public utili
ties.
Wholesale & retail trade
Finance, insurance & real estate
Services
Other

1969

1970

1971

969

2,360
7
2,353
261
36
28
8
226
2,091
1,045

431
7
424
35
5
3
1
30
389
257
1
15
14

496
9
487
38
5
4
2
33
449
309
1
16
15

958
5
952
233
23
19
4
210
719
441
(5)
43
29

49
10
42

53
11
44

85
17
101

2,169

2,241

2,163
213
31
23
7
182
1,950
1,023
2
134
155

2,233
238
33
26
7
204
1,996
1,024
127
165

125
191

453
10
444
33
4
3
1
28
411
281
(*)
17
13

321
61
249
5

338
64
270

356
72
294

49
10
39

(6)

(6)

Total earnings

Table 74.—DavenportRock Island-Moline,
Iowa-Ill. S M S A

L969

1970

1971

969

2,906
21
2,885
480
182
116
66
298
2,405
836
8
225
198
511
199
424
5

3,104
21
3,084
538
192
126
66
346
2,546
853
8
229
217
546
215
472
5

3,318
21
3,297
578
192
130
61
386
2,719
850
8
243
244
595
246
527

1,164

Table

85.-Indianapolis,
Ind. S M S A

ITEM

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 & public utilities
Wholesale & retail trade
Finance, insurance, & real estate
Services
Other
See footnotes at end of table.



1971

Table 73.—Columbus,
Ohio S M S A

Item

Farm earnings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
Military
State and local
Private nonfarm earnings
Manufacturing
Mining
Contract construction.
Trans., communication & public util
Wholesale & retail trade
Finance, insurance & real estate
Services
Other

1970

58
41

19
108
2

99
21
115
2

112
27
86

120
30
94

Table 75.—Dayton, Ohio,
SMSA

1,278
37
1,241
220
111
106
6
109
1,021
454

3,169
30
3,139
633
420
304
116
212
2,506
1,389
4
169
116
390
85
350
4

3,262
29
3,234
711
475
339
135
237
2,522
1,338
(fi)
158
130
417
88
384

3,277
31
3,246
760
499
358
141
260
2,486
1,247
(fi)
155
140
429
98
410

29
1,181

188
102
98
5
85
938
438
(«)
75
69
185
43
123

205
107
102
6
97
976
441
(8)
80
75
198
45
131

79
80
211
51
140

Table 86.—Jackson, Mich.
SMSA

3,927
46
3,881
561
203
164

4,191
63
4,128
627
226
186
40
401
3,501
1,354
(5)
260
328
745
283
519

472
8
464
52

478
8
470
58

4
1
47
412
216
(6)
24
47
60
11
52
1

5
2
52
412
208
1
23
51
62
12
54
1

253
296
713
263
486

57
39

1,209

38

3,836
62
3,773
513
189
150

262
270
684
258
453

845
34
811
91
13
9
4
78
720
373

1971

9

OQ

799
32
767
79
11
8
3
68
688
362

1970

1971

358
3,320
1,297

1,074
5
1,069
290
29
25
4
261
779
470
2
44
27

1969

1,126

1970

1971
479
7
472
64
6
5
2
57
408
190
1
26
52
66
12
61
1

1970

956
6
950
265
27
23
4
238
685
396
2
42
29

1971

1970

OQ

1971

1970

969

324
3,260
1,322

1970

1971

428
11
417
31
5
3
1
27
386
185
31
37
61
16
55
1

1970
458
7
451
36
5
4
1
31
415
200
1
33
39
64
17
60
1

1971

475
7
469
73
38
30
7
35

472
7
465
73
34
33
2
38

216

205

516
6
509
81
38
37
2
42
429
230

44

19
24

19
26

19
28

127
33
102
)

57
26
52
1

58
29
54
2

62
31
58
1

875
36
839
100
14
10
4
86
740
375

Table 76.—Decatur,
111. SMSA

1969

1970

1971
491
14
477
40
5
4
1
35
437
213
1
31
42
68
18
64
1

Table 77.—Detroit,
Mich. SMSA

1969

1970

16,551 16,653
12
11
16,539 16,642
1,679
1,861
OOQ

282
313
56
57
1,340
1,491
14,860 14,781
7,640 7,287
10
11
961
917
888
920
2,470 2,606
681
702
2,192 2,318
19
21

1971
17,769
10
17, 759
2,053
386
333
54
1,667
15,707
7,700
13
986
1,004
2,787
772
2,423
21

Table 87.—Kalamazoo,
Mich. S M S A

Table 88.—Kenosha,
Wis. S M S A

Table 89.—Lacrosse,
Wis. S M S A

1969

1969

1969

663
5
658
97
9
7
2
88
561
309
1
48
25
87
18
72
1

1970
694
5
109
10

580
314
1
47
28
93
19
78
1

1971
724
4
720
120
11
8
3
109
600
313
1
50

304
6
298
32
4
2
2
28
266
154
(5)
19
12
37
6
38

1970
344
6
337
37
5
2
3
32
301
185

1971
364
7
357
40
5
2
3
35
317
193
(6)
19
14
41
7
43

1970

1971

222
6
216
28
4
3
1
24
188
68

236
7
229
32
5
3
1
27
197
69

252
7
245
35
5
4
2
30
210
73

15
19
42
5
39

15
19
45
5
43

14
21
48
6
47

SUEVEY OF CUEEENT BUSINESS

May 1973

35

Place of Work, 1969-71
of dollars]
Table 54.—WilkesBarre-Hazleton, Pa,
SMSA
1969

1970

Table 55.—Williamsport, Table 56.—Wilmington,
Del.-Md.-N.J. S M S A
Pa. SMSA

787
3
783
95
30
26
4
65
688
313
19
49
58

844
4
840
105
32
28
5
72
736
331
20
54
63

899
3
896
113
37
31
5
77
783
348
18
59
66

129
29
90
1

137
30
98
1

147
34
110
1

289
8
281
29
4
3
1
25
252
124
1
18
19
50
6
34

CO

1970
285
8
277
31
4
3
1
27
246
116

(6)

16
22
50
6
35

CO

306
5
301
30
5
4
1
24
271
142

712
14
698
55
11
9
3
44
642
278
15
57
45
120
27
100
1

1970
731
7
724
60
12
10
3
47
664
286

15
52
49
126
27
108
1

1971

17
19

325
6
319
33
6
4
2
27
285
145
1
19
21

337
5
332
36
6
4
2
29
296
146
1
19
23

46
9
35

50
11
38

52
12
43

(5)

CO

1971

312
9
303
35
4
3
1
30
268
126
1
19
23

1969
292
29
264
40
4
3
1
36
224
57

CO

CO

54
6
39
1

1971
790
13
111
66
14
11
3
52
711
306
15
57
54
134
29
117
1

1970

312
24
288
46
4
3
1
42
242
57

1971

357
38
319
51
5
4
1
47
268
57

333
11
322
75
9
5
3
66
247
107
(5)
22
14
45
17
42

W

1970

1971

350
8
342
82
9
6
3
73
260
109

370
11
359
89
10

(5)

(5)

23
15
48
19
44
(')

7
3
79
270
112
21
15
51
22
48
(*>




1,799

20

2,066

226
95
44
51
131

1,549

817
1
129
89
226
68
214
5

1969

52
61
45
1

164
37
133
2

1,827

1971

1969

1,721

2,054

1,060
9
1,051
84
17
14
3
66
987
453

11

11

1,711

1,648
1,069
s

1,524
923
(s)
73
60
259
35
172

169
16
12
4
153

()
78
60
243
34
162

186
17
13
4
169

(5)

(5)

10

2,044

206
19
14
5
187

1,838
1,181
5
()
77
64
294
38
181
(«)

1969

1970

1971

1,274

1,266
26
1,241
330
26
21
4
305
910
445
(5)
73
39
160
51
140
(*>

1,451

24

1,250

292
22
18
4
270
958
504
(6)
80
38
156
46
130
«

1,646

836
1
156
96

238
76
236
7

281
106
53
54
174

1,785

906
1
171
107

256
84
253
7

1970
1,181

1971

580
4
71
72
172
37
143
2

23

1,429

362
28
23
5
334

1,067
562
(5)

78
43
173
54
152

(•)

2
81
75
179
56
121
1

1970
1,107

527
21
505
41
7
5
2
34
464
235
1
47
29
78
17
55
2

1,054

1,075 128,964
23
2,960
1,053 126, 003
79 15, 289
17
4,072
11
2,994
6
1,078
62 11,218
974 110, 714
483 51,378
614
5
120 8,252
63
8,057

140
19
94

151
22
103
3

CO

35

1,020
74
16
11
5
58
946
478
5
128
57

164
24
112
3

1969

1970

1971

20,415
5,432
16,312
255

1971

1,181

2,199

2,245

2,295

141,652
3,150
138,502
18, 691
4,673
3,538
1,135
14,018
119, 812
53,142

24,444
2,199
22, 215
3,323

25,219
1,997
23,221
3,685

2,601
18, 922
9,099

2,916
19,536
9,209

8,035
8,564

8,505
9,356

1,325
1,326

1,311
1,420

21,415
5,680
17,558

22, 760
6,287
18,803

3,504

3,649

668

255

686

272

7,152
3,196

1,822
2,154

1,789
2,271

2,009
2,463

289
357

275
389

290
421

588
514

5,122
1,644
4,171

5,377
1,715
4,509

5,663
1,914
4,776

762
220
618

802
229
671

846
253
722

1,356

CO

CO

Table 82.—Grand
Rapids, Mich S M S A

1969

1970

1,662

1,694

1971
1,802

1,007

1,068

2,012
1,151
5

2,048
1,180
5

2,073
1,173
5

1,506

1,523

1,614

1970
549
26
523
46
8
6
2
38
477
236
1
48
30
83
18
58
2

1971
562
30
533
50
9
7
2
41
483
242
1
33
33
89
19
64
2

1969
745
8
737
68
21
18
3
47
669
406
1
56
31
81
17
77
1

1970
773
9
764
76
25
21
3
52
688
412
1
53
33
86
18
84
2

1971
837
9
828
84
27
24
3
57
744
454
1
46
36
89
20
96
2

8,278

4,265
1,723

18

Tablei 93.—LorainElyria, Ohio I SMSA

8,031
12
8,020
837
264
238
26
573
7,183
3,115
18
507
545

4,081
1,706

(5)

1,783

(5)

7,927

3,878
1,624

(5)

21

(5)

4,818

2,579
26, 208
9,282

1,673

CO

4,592

2,272
24, 957
9,204

23

()
199
169
260
57
213

1971

1,959
24,064
9,058

1,639

()
211
157
250
50
198

1970

12

16

()
234
150
239
50
186

1969

7,916

(5)

133
22
17
5
111

698
1
116
99
312
60
217
3

150
25
19
5
125

684
1
112
103
326
63
231
3

169
28
22
6
142

715
1
121
110
353
67
244
4

(5)

CO

499
154
138
17
345

(5)

543
165
146
19
378

(5)

436
13
423
45
7
5
2
38
378
151
(6)
31
41
88
11
55
1

1970

928
26
902
296
34
30
4
261
606
154
2
81
48
141
53
124
4

1970

1971

1,020

1,094

29
990
342
39
35
4
303
648
164
2
83
50
151
56
137
5

31

1,062
370
43
38
5
328
692
166
2
90
52
164
62
150
5

1969
429
3
426
36

7
6
1
29
389
220
1
27
22
58
17
44

CO

(5)

366

1,104

1971

1969

471
13
457
52
8
6
2
44
405
161
(5)
29
46
95
11
61

509
14
495
57
9
7
2
49
438
166
(5)
34
57
101
12
67

625
4
620
71
9
6
3
62
549
303
(5)
52
23
79
23
68

CO

CO

CO

1970
446
4
442
40
8
6
2
32
402
225
(5)
26
25
59
18
47
«

1,420
377
1,193
8

11

8,267
907
276
250
25
631

7,360
3,084
19
496
585

1,483
420

1,264
9

Table 84.—HamiltonMiddletown, Ohio
SMSA

Table 94 .—Madison, Wis. Table 95.—Mansfield,
SMSA
Ohio S M S A
1969

763
242
214
28
522

CO

(5)

Table 83.—Green
Bay, Wis. SMSA

1969

162

1971

11

456
141
124
17
315

18,853
5,579
15,850

1970

4,807

814
262

17, 796
5,038
14,819
147

1971

467
3
464
44
8
7
2
35
420
229
(fi)

24
30
65
19
52
(5)

1
2
3
4
5
6
7

8
9
10
11
12
13
14
15
16
17

i

12

792
297

e

1971

n
e

4,580

967
689
278

i
n

Table 72.—Cleveland,
Ohio S M S A

13

2,278

1
78
87
193
65
139
2

139

4,334

11

503

110

Table 71.—Cincinnati,
Ohio-Ky.-Ind. S M S A

4,347

2,234

472
2
76
80
188
58
129
1

10S

16, 911
4,831
13, 768

34

14

4
80

70S

2,953

29,863
3,655
1,076

2,185

205
30
18
12
176

612

2,709

28

10

185
27
16
11
158

3,907

601

2,514

115

1970

L

27,195 104,520 107,892 114,458
762
816
2,331
693
24, 860 103, 758 107,199 113,612
4,046 11, 986 13,399 14,611
831
3,350
3,686
3,839
557
2,515
2,820
2,931
277
835
858
866
3,212
8,616
9,713 10,805
20, 814 91, 792 93,803 93, 998
9,619 42, 279 41, 922 43,494
464
207
222
213
1,465
6,927
6,691
7,010
1,558
6,731
7,141
7,798

28,319
3,361
1,089

1,171

173
25
14
10
149

455

1969

32

7

103
23
19

407

769
513
256

1971

Table 60.—Sum of
S M S A ' s in Great
L a k e s Region

26, 990
2,926

1,099
92
20
17
4
72

722
479
243

29,897

74
12
71
1

1970

133,110
2,690
130, 420
17,084
4,455
3,333
1,122
12, 629
113,336
51,131

28,347

69
11
65
1

1969

1970

1969

63
10
60
1

1971

1969

1971

183
40
155
2

Table 81.-GaryHammond-East
Chicago, Ind. SMSA

1971

1970

570
4
62
77

1,094

1970

1969
27,022

102
17
13
4
85

Table 59.—Sum of
Non-SMSA Counties
in Great Lakes Region

Table 70.—Chicago,
HI. S M S A

540
25
515
253
121
33
87
132
262
43
1
39
20

Table 92.—Lima, Ohio
SMSA
1969

956
33
923
67
15
10
5
52
856
457
(5)
86
53

1969

483
18
465
227
107
32
75
120
238
43
1
31
19

6

1,196

1,083

1971

465
19
446
217
113
29
84
104
229
46
(6)
30
18

1,203

6

1,176
93
16
12
4
77

Table 58.—Great
Lakes Region

1970

1969

Table 69.—ChampaignUrbana, 111. S M S A

Table 80.—Fort Wayne,
Ind. S M S A

1970

1,817

263
108
50
58
154

Table 68.—Canton,
Ohio S M S A

47
53
41
1

1969

2,086

21

44
46

Table 79.—Flint,
Mich. S M S A

1,930
1,909

21
30

37
1

1971

23

15
28

(6)

1970

1,775

14
24

(6)

Table 90.—Lafayette-West Table 91.—Lansing-East
Lansing, Mich, S M S A
Lafayette, Ind. S M S A
1969

1969

1,140
6
1,134
84
15
11
3
69
1,051
578
4
69
64

(6)

Table 78.—Evansville,
Ind.-Ky. S M S A
1969

1970

Table 67.—BloomingtonNormal, 111. SMSA

Table 66.—Bay City,
Mich. S M S A
1969

1969

1971

Table 57.—York, P a .
SMSA

1970
662
4
658
79
9
5
4
70
580
320
1
52
25
83
24
73
1

e

1971
687
4
683
85
9
5
4
76
598
326
2
48
27
86
27
81
1

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

L

i
n
e

1969

1970

1971

4,904
19
4,884
524
110
87
23
414
4,361
2,032
5
323
310
790
252
643
6

5,117

5,362

20

21

5,097

5,342

4,503
2,067

4,693
2,084

6
307
327
833
259
699
7

14
15
16
17

L
i
n

Table 96.—Milwaukee,
Wis. S M S A

593
125
101
24
469

1
2
3
4
5
6
7
8
9
10
11
12
13

649
135
108
27
514
6

317
355
883
289
752
7

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

SUEVEY OF CUEEENT BUSINESS

36

May 1973
Tables 97-144.—Earnings of Persons by
[Millions

Item

Table 97.—Muncie, I n d .
SMSA

39

Total earnings..
Farm earnings
T otal nonfarm earnings
Government earnings
_.
Total Federal
Federal civilian
_.
Military
State and local
..
Private nonfarm earnings
Manufacturing
Mining.Contract construction
Trans, communication & public
utilities.
Wholesale & retail trade
Finance, insurance & real estate
Services
Other

1971

1970

387

396

380
40
6
4
2
34
340
192

390
43
6
5
2
37
347
196

23
24
54
11
37
1

Table 98.—MuskegonMuskegon Heights,
Mich. SMSA
1969

1970

1971

19
23

417
8
409
47
7
5
2
40
362
201
(6)
19
24

470
5
465
43
6
4
2
37
422
260
1
23
27

471
4
467
47
6
4
2
41
420
248
1
21
30

467
4
463
52
6
5
2
46
411
225
1
22
35

57
11
39
1

61
12
43
1

55
9
46

59
11
49

63
10
53
1

Table 109.—YoungstownWarren, Ohio SMSA

()

Table 110.—Plains Region

Item
969
Total earnings

Farm earnings
_.
Total nonfarm earnings
Government earnings
Total Federal
Federal ci vili an
Military
State and local
Private nonfarm earnings
M anufacturing
Mining
Contract construction
Trans, communication & public
utilities...
Wholesale & retail trade
Finance, insurance & real estate
Services
Other. _

1970

1971

1,131

1,235

37

27

1,094

1,208

103
21
18
4
81
992
484

118
24
20
4
94

1,350
44
1,306
132
26
22
4
106
1,174
563
(5)
115
75

494
8
486
53
6
4
2
47
433
257
1
30
19

504
9
495
60
6
4
2
54
435
254
1
26
22

525
9
515
66
7
4
3
59
450
258
1
29
21

983
15
969
67
10

990
15
975
78
12

2
57
902
545
2
59
34

2
67
897
537
(5)
51
27

205
48
157
)

60
12
54

62
12
57

65
13
61
1

134
27
100
2

138
28
113
5
()

1,089

529

79
64

98
70

183
41
131

194
44
144

Table 111.—Sum of NonSMSA Counties in
Plains Regions

168

182

1,070

1,826

1,933

1,018
2,998

1,073
3,194

1,150
3,413

509

541

2,077

2,245

2,510
5,146
1,679
4,050

2,696
5,499
1,728
4,449

115

115

119

39

41

2,973
5,842
1,911
4,786
46

32
82
26
63
1

34
88
26
70
1

40
91
28
75
1

389

414

222

232

2,830

3,002

1,005

3,527
8,144
2,188
6,127

3,769
8,692
2,268
6,694

153

156

4,123
9,255
2,507
7,179
165

100
245
48
209
2

115
257
51
227
2

69

596
18
578
51
12
10
2
39
528
242
3
47

19,771
4,570
15,201
3,756
1,300

94
229
47
190
2

Table 113.—Cedar
Rapids, Iowa SMSA

574
19
555
47
11
9
2
35
509
248
3
39

18,505
4,364
14,141
3,421
1,215

896
3
127

143
31
117

549
17
532
42
10
7
2
32
490
252
2
34

52,157
5,017
47,140
8,677
3,013
1,905
1,108
5,664
38,463
11,576
422
3,237

918
3
133

1,049
17
1,032
89
12
10
3
76
943
540
(5)
58
52

31,243
308
30,935
4,630
1,643
1,222
421
2,987
26, 305
8,449
187
2,113

49,246
4,882
44,365
8,000
2,849
1,785
1,064
5,151
36,364
11,368

1,629

1971

29,475

46,257
4,667
41, 590
7,187
2,600
1,588
1,012
4,587
34,403
11,043

1,617

1970

27,752

1971

132
26
21
5
106

Table 112.—Sum of
SMSA's in Plains
Regions

1969

20,913
4,708
16,205
4,047
1,370
682
687
2,677
12,158
3,127
235
1,124

1970

120
24
19
4
97

1971

1971

1969

1,936
5
1,932
143
27
22
6
116
1,789
1,025
3
107

1970

1970

1971

5

1969

1969

1970

1,761

1,766

Table 101.—Rockford,
111. S M S A

1970

1969

5

Table 100.—Racine,
Wis. S M S A

L969

1971

1,737

1,742

Table 99.—Peoria, 111.
SMSA

568
647

632
669

2,206
10,720
2,777

2,455
11,445
2,976

Table 121.—MinneapolisSt. Paul, Minn. SMSA

Table 122.—Omaha,
Nebr.-Iowa S M S A

1970

1971

1970

1971

6,744
21
6,723
839
203
167
36
636
5,883
2,064
(s)
495

7,197
26
7,171
948
222
191
30
726
6,224
2,087
(*)
518

7,582
25
7,557
1,059
233
199
34
826
6,498
2,037

1,860
33
1,827
348
191
81
109
158
1,479
348
(5)
136

1,965
25
1,940
371
203
90
114
168
1,569
359
(5)
134

287
12
275
33
4
3
1
29
241
70

559

1,722
44
1,678
306
168
72
97
138
1,372
331
(5)
127

559
1,323
431
997

604
1,435
452
1,111

678
1,527
504
1,175

191
321
133
263

206
349
138
295

226
370
152
320

12

303

311

27,449
3,766
1,384
1,020

29,164
4,245
1,549
1,154

365

395

2,382
23,683
8,266

2,696
24,919
8,392

Table 124.—Sioux City,
Iowa-Nebr. S M S A

Table 123.—Rochester,
Minn. SMSA

1970

1971

Table 125.—Sioux Falls,
S. Dak. S M S A

Item

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 & public utili
ties
Wholesale & retail trade
Finance, insurance & real estate
Services
Other
...

Item

Total earnings

Farm earnings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
_
Military
State and local.
Private nonfarm earnings
M anufacturing
Mining
C ontract construction
Trans, communication, & public
utilities
Wholesale & retail trade
Finance, insurance, & real estate
Services._
Other

See footnotes at end of table.


Table 133.—Sum of NonSMSA Counties in Southeast Region

Table 134.—Sum of
SMSA's in Southeast
Region

1969

1970

1971

1969

1970

1971

39,540
4,069
35,471
7,363
3,247
1,362
1,885
4,116
28,109
12,334
1,113
2,129

42,361
4,214
38,148
8,050
3,469
1,499
1,969
4,582
30, 097
12, 920
1,312
2,270

45,710
4,355
41,354
8,692
3,639
1,639
2,000
5,053
32, 662
13, 858
1,395
2,537

61,780

66,362

71,737
995
70, 742
14,406
7,284
4,149
3,136
7,122
56, 336
15, 520
625
5,264

1,926
5,276
4,124

2,126
5,668
1,082
4,500

212

218

2,363
6,154
1,232
4,897
226

995

OQQ

3,451
3,214
5,675
48, 502
14, 287

65,465
13,323
a CQQ
3,771
3,128
6,424
52,141
14, 855

545

595

4,544

4,824

4,982
11,170
3,561
9,268

5,495
12,144
3,805
10, 264

145

157

60,843
12,340
a aaK

6,034
13, 233
4,291
11,196
173

1969

1970
305
16
5
4
1
33
252
76
(6)
19

1971
325
15
311
42
5
4
1
37
269
78

13
42
8
94

210
5
205
61
41
22
19
20
144
42

1970

328
27
301
36
11
9
3
24
265
79

13
44
9
102

1970

1971

339
19
320
40
13
10
3
27
280
85
(5)
21

364
19
345
43
14
11
3
29
302
88
(5)
24

33
73
16
51

41
75
18
55

Table 136.—Alexandria, La. SMSA

Table 135.—Albany,
Georgia SMSA
1969

1969

1971

1969

1970

1971

1969
265
14
251
32
13
12
2
19
218
54

1970
279
11
267
37
16
13
2
22
230
56
(5)
12

1971
300
13
288
40
17
14
2
23
248
56

30
68
17
45

Table 137.—Asheville,
N.C. SMSA
1969

1970

1971
421
5
416
65
27
24

20

256
6
250
74
48
23
25
26
176
55
(*)
19

242
11
230
82
39
18
21
43
148
30
1
18

254
12
242
88
40
21
19
48
154
31
2
17

283
13
270
103
51
24
28
51
167
31
2
18

368
6
362
54
23
20
3
31
308
128
1
21

388
5
383
59
25
23
3
34
324
130
(5)
22

351
141
(5)
23

11
43
12
26

12
47
13
30

14
41
11
33
1

15
42
11
34
1

17
46
13
39
1

21
61
14
62
1

24
65
14
69

26
69
16
75

237
5
232
72
49
24
25
23
160
48

SUEVEY OF CURRENT BUSINESS

May 1973

37

Place of Work, 1969-71
of dollars]
Table 103.—South
Bend, Ind. S M S A

Table 102.—Saginaw,
Mich. S M S A

1969
720
10
709
61
11
9
2
50
649
387
1

43
32
96
19
70
1

1970

1971

1970

111. S M S K
.

1971

1971

1969

1970

1971

1969

831
16
816
67
14
11
3
53
749
334
(8)
50
53

838
10
827
71
15
12
3
56
757
323
(8)
50
55

871
16
855
78
17
13
4
61
777
320
(8)
53
59

546
19
527
137
19
17
2
118
390
90
1
41
53

600
14
586
158
21
20
2
137
428
100
1
46
58

665
21
644
173
23
21
2
150
471
107
1
53
64

385
9
376
36
10
5
4
26
340
181
(6)
19
20

403
9
394
39
11
6
5
29
355
185
(6)
19
22

448
9
440
43
12
7
5
31
397
209

508

20
25

28
35

99
20
76

110
23
80
(8)

142
44
125
(*)

148
45
134
(8)

152
50
142
(8)

89
42
73
1

92
45
86
1

101
49
95
1

52
15
52
1

56
15
56
1

63
17
62
1

52
9
46

(8)

1970

1971

Table 115— Des Moines,
Iowa S M S A

1969

1970

1971

197
6
191
79
8
6
1
71
112
16
(8)
14

216
8
208
88
9
7
1
79
121
17
(8)
15

231
6
225
96
11
9
1
86
128
18
(5)
15

1,051
11
1,040
140
39
35
4
101
900
241
2
67

1,133
13
1,120
160
47
43
4
113
960
247
2
75

1,213
10
1,202
175
52
46
5
123
1,027
263
2
79

2
28
22
29

2
31
24
31

2
32
27
33

88
212
127
161
1

95
229
132
179
1

107
237
147
191
1

T a b l e 126.—Springfield,
]Mo. S M S A

1970

1971

379
4
375
51
14
12
2
38
324
105
1
26

410
4
406
59
16
13
2
43
348
111
1
30

451
3
448
65
18
15
3
47
383
122
1
32

33
80
18
62
1

36
85
17
67

41
96
19
72

(6)

(6)

Table 138.—Atlanta, Ga.
SMSA
1969

1970

1971

4,992
6
4,986
665
299
248
51
366
4,321
1,136

5,433
2
5,431
798
374
300
73
424
4,633
1,118

5,925

(5)

1970

Table 106.—Steubenville-Weirton, OhioW . Va. S M S A

850
11
839
76
14
11
2
62
763
468
(8)
45
34

Mo. SMSA

1969

1969

Table 105.—Springfield,
Ohio S M S A

711
10
701
68
12
10
2
55
633
360
(8)
42
34

Table 114.—Columbia,

1969

1969

Table 104.—Spri ngfield,

(5)

324

317

563
1,188
375
725
(«)

633
1,317
416
819
(«)

(6)

5,925
848
365
308
57
484
5,076
1,139
(6)
391
705
1,462
479
886
(5)




Table 127.—St. Joseph,
Mo. S M S A

1969
254
10
244
31
8
6
2
23
213
83
(5)

1970
270
10
260
34
8
6
2
26
226
89
(5)

1971
278
11
267
37
9
7
2
28
230
83
(5)

17

19

21

21
49
11
32

21
51
11
34

23
54
13
36

(5)

(5)

Table 139.—Augusta,
Ga.-S.C. S M S A
1969

855
8
847
355
289
56
233
67
492
230
(5)
43
31
88
25
72
5
()

1970

1971

508
30
6
4
2
24
478
295

1970

1971

(fl)

17
16
40
8
39
1

316
11
305
20
6
4
2
14
285
148
1
17

659
2
657
121
34
19
14
87
537
94
(8)
44

714
2
711
140
44
22
22
96
571
96
(8)
52

766
2
764
149
43
24
19
106
615
94

17
42
9
42

18
45
9
46

71
114
20
100

75
121
21
107

Table 128.—St. Louis,
M<>.-Ill. S M S A

4
2
26
513
313
(8)
31
37

2,456
31
2,425
248
40
32
9
207
2,177
988
(8)
153
201

1
2
3
4
5
6
7
8
9
10
11
12
13

54
10
51
(8)

59
10
56
(8)

83
14
51
(8)

87
14
53

91
15
58

362
70
288
(8)

384
75
311
(8)

409
81
339
(8)

14
15
16
17

1969

1970

1971

7,805
26
7,779
962
430
358
72
532
6,817
2,775
31
482

8,235
30
8,205
1,080
475
388
87
605
7,125
2,838
35
505

8,690
32
8,658
1,156
486
403
83
671
7,502
2,877
39
536

477
2
475
121
53
26
27
68
353
84
(6)
35

686
1,357
397
1,078
10

724
1,444
395
1,174
10

786
1,536
435
1,281
11

57
76
34
67
1

Table 140.—Baton
Rouge, La. S M S A
1969

1970

804
8
796
295
218
58
159
77
501
232
(5)
37

854
7
847
302
215
62
153
88
545
244
(5)
47

821
2
820
140
15
11
4
125
680
209
4
133

859
2
857
157
17
13
4
140
700
216
4
128

34
92
25
77

38
98
28
86
(«)

43
133
43
114
1

45
138
45
122
1

1971

1969

1970

1971

62

336
28
308
63
21
18
2
42
245
23
(5)
31

369
37
331
69
23
20
'6
46
263
24
(s)
32

83
131
23
119

29
77
20
54

30
82
21
58

34
87
23
62

1971

Table 130.—Waterloo,
Iowa S M S A

1969

1970

1971

CO

Table 119.—Kansas
City Mo.-Kans.
SMSA
1969

1970

1971

4,322
29
4,293
553
251
209
42
302
3,740
1,190

4,607
34
4,573
620
281
243
38
340
3,952
1,216
(5)
269

4,971
35
4,936
686
311
260
51
375
4,250
1,245
(5)
339

(5)

247
5

()
869
278
622

5

()
916
288
681

36

1,256
19
1,237
199
90
38
51
109
1,038
376
24
73

59
79
35
74
1

62
88
39
79
1

22
60
13
46
1

23
65
12
50
1

27
68
13
54
1

(6)
209
60
186
(5)

(5)
217
61
207

923
2
920
167
18
14
4
149
753
231
6
128

390
(6)
390
234
210
53
157
24
156
24
1
18

374
1
374
199
174
52
122
25
174
28
1
24

387
(6)
386
204
176
54
121
28
183
29
1
21

49
151
51
136
2

20
42
11
39
1

21
45
12
42
1

23
49
13
45
2

1969

1970

1971

2,014
12
2,002
235
74
60
14
161
1,766
608
(5)
131

2,159
8
2,150
267
86
70
16
181
1,883
636
(5)
130

2,324
8
2,316
299
98
80
17
202
2,017
661

193
385
125
272
(5)

210
412
129
303

235
438
144
326
(')

156

39
76
42
74

529
9
520
146
28
25
3
118
374
83
(fl)

1971
573
10
562
158
30
28
3
128
404
92
(6)

41

41

43
83
44
80
1

47
90
49
85
1

Table 132.—Southeast
Region

1970

1971

1,267 101,320 108, 723 117,446
22
5,008
5,111
5,350
1,245 96,314 103,612 112,096
219 19, 703 21,374 23, 098
99
9,912 10, 368 10, 923
4,812
5,271
5,788
39
60
5,099
5,097
5,133
119
9,791 11,008 12,175
1,026
76,611 82, 238 88, 998
337 26, 622 27, 776 29, 379
21
1,658
1,907
2,020
77
6,673
7,095
7,801

1,241
14
1,227
186
86
33
52
100
1,042
421
23
71

1971

486
10
476
122
24
22
3
98
354
81
(s)
41

1970

1971

438
10
429
48
8
6
2
40
380
191
1
26

1970

1969

1970

416
15
401
44
7
5
2
37
357
180
1
25

Table 142.—Birminch a m , Ala. S M S A

()
977
319
730

Table 120.—Lincoln,
Nebr. S M S A

1969

402
13
388
40
6
5
2
33
349
182
1
25

(6)

s

Table 131.—Wichita,
Kans. SMSA

547
4
543
145
64
33
31
82
398
93
(6)
35

505
2
502
136
61
30
31
75
366
81

Table 141.—BiloxiGulfport, Miss. S M S A
1969

1970

309
25
284
55
17
15
2
37
230
21
(s)
28

Table 129.—Topeka,
Kans. SMSA

1971

2,263
31
2,232
229
39
30
8
190
2,003
899
(8)
149
178

1969

295
14
281
18
6
4
2
13
263
135
1
18

1970

2,163
25
2,138
209
36
28
8
173
1,929
892
(8)
147
164

1969

275
14
261
16
5
3
1
12
244
124

1969

498
28
469
71
17
14
2
55
398
136
13
42
43

1969

1971

1971

476
18
457
65
15
13
2
50
392
129
13
55
41

TabU j 118.—FargoMoore head, N . Dak.Minn. SMSA

1970

1970

L
i
n
e

447
27
419
60
13
11
2
47
359
119
(8)
41
40

Table 117.—DuluthSuperior, M i n n . Wis. S M S A

1971

1969

Table 108.—Toledo,
Ohio-Mich. S M S A

596
(6)
596
35
7
4
2
29
561
334
(8)
43
41

546
(6)
546
33
6

Table 116.—Dubuque,
Iowa SMSA

1970

Table 107.—Terre
Haute, Ind. S M S A

(5)

(5)

222
65
220
(»)

Table 143.—Charleston,
S.C. S M S A
1969

1970

1971

796
7
789
360
293
153
141
67
429
121
(5)
52

822
8
814
357
278
160
118
79
458
126
(5)
56

860
8
852
381
291
173
118
89
472
118
(5)
53

42
101
25
86

46
109
26
94

50
116
30
102
(*)

(5)

(5)

1969

6,908
16,446
4,555
13,391
357

7,620
17,813
4,888
14,765
375

8,397
19,387
5,523
16,093
399

Table 144.—Charleston,
W . Va. S M S A
1969
697
(6)

697
90
18
12
6
73
603
198
33
48
(5)

120
30
94

1970

1971

L
i
n
e

1
2
3
4
5
6
7
8
9
10
11
12
13

It

15
16
17

L
i
n
e

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

L

i
n
e

746
100
20
13
7
80
646
187
43
56

783
107
22
14
7
86
676
186
45
60

1
2
3
4
5
6
7
8
9
10
11
12

94
129
32
103
1

99
139
35
111
1

13
14
15
16
17

746
(6)

783
(6)

SUKVEY OF CURRENT BUSINESS

38

May 1973
Tables 145-192.—Earnings of Persons by
[Million

L
i
n
e

1
2
3
4
5
6
7
q
0
LI
?
13
4
5
16
17

Table 145.—Cha-lotte,
N.C. SMSA

Item

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 & public utilities.
Wholesale & retail trade
Finance, insurance & real estate
Services
Other

n

1969

1970

1971

1,444
18
1,426
114
30
23
7
84
1,312
310

1,581
16
1,565
121
31
23
8
90
1,444
342

1,719
16
1,703
136
33
25
8
103
1,567
364

%
178
362
114
206

143
199
396
125
231

145
220
436
144
251

Table

L

157.—Gainesville,
Fla. S M S A

1969
1

6
7
8
9
10
11
12
13
14
15
16
17

L
n

Total earnings
Farm earnings.
Total nonfarm earnings.
Government earnings
... . Total Federal
Federal civilian
Military
State and local _
Private nonfarm earnings. .. M anufacturing
Mining
Contract construction _
Trans, communication
& public
utilities
Wholesale and retail trade
Finance, insurance & real estate
Services
Other

6
7
8
9
10
11
1?
13
14
15
16
17

L
i
n

958
6
953
116
46
41
5
70
836
404

1,013
5
1,008
136
62
57
5
74
872
415

1,101
4
1,097
160
79
73
6
81
937
444

875
7
868
299
186
54
132
114
569
122

56
40
153
62
120

57
44
161
63
131

63
48
174
66
141

60
62
147
63
111

1969

382
2
381
28
5
2
3
23
353
223

397
1
395
30
5
2
3
24
365
223
13

14

129

139

151

39
51
10
40

149
324
105
238
(*)

157
356
115
268

178
381
127
289

1971

Table 170.—Little RockNorth Little Rock,
Ark. S M S A
1970

1969

362
10
352
63
9
6
3
54
289
45

73

31
27
77

36
29
83

59

64

71

21
17
65
22
77
2

19
69
23
84
2

28
21
77
25
91
2

( 5)
5
(S)

Table 160.—Greenville,
S.C. S M S A

805
3
802
53
15
9
7
38
750
345

34
48
9
37

1969

1971

1969

1970

1971

1970

1971

867
3
864
60
17
10
7
43
804
361

941
2
939
66
19
11
8
48
872
387

66

74

80

43
133
37
123

47
144
40
135

52
159
45
147

Table

Table 171.—Louisville,
Ky. - I n d . S M S A

172.—Lynchburg,
Va. S M S A

1969

1970

1971

1

14
15
16
17

Total earnings
Farm earnings
Total nonfarm earnings
..
Government earnings
Total Federal ..
Federal civilian
Military
State and local
Private nonfarm earnings
Manufacturing
Mining..
Contract construction
Transportation, communication
lic utilities.
Wholesale & retail trade
Finance, insurance & real estate
Services
Other


See footnotes at end of table.


.
.
_. .
& pub-

1969

1970

1971

657
1
657
75
23
19
4
52
581
246
4
43

709
709
84
26
22
4
58
625
264
5
47

748
(8)
749
91
28
24
5
63
658
289
7
46

62
115
22
88
1

67
122
22
96
1

72
117
25
102
2

(6)

Table 173.—Macon,
Ga. S M S A

1969

1970

1971

664
22
643
155
63
60
3
92
487
154
1
51
40

710
23
687
169
65
62
3
104
518
154
1
61
42

915
7
908
187
100
55
46
87
721
183
7
70
81

985
9
976
211
113
64
50
97
765
198
7
65
89

1,088
9
1,079
235
129
73
56
107
844
207
7
77
101

2,700
7
2,694
294
108
94
14
187
2,399
1,044

2,878
6
2,872
341
135
120
16
206
2,531
1,097

3,006
6
3,001
351
128
111
17
223
2,650
1,101

361
4
358
40
8
5
3
32
318
173

392
4
389
44
8
5
3
36
345
184

417
3
414
46
9
6
3
38
368
193

600
10
590
243
197
158
38
46
348
104

660
9
651
277
225
177
48
53
374
100

708
12
696
298
239
191
48
59
398
108

200
208

198
226

210
250

20
19

22
21

24
23

35
29

40
32

34
33

92
30
105
2

99
31
111
2

108
34
115
3

174
72
131
2

185
77
143
2

205
86
159
2

449
140
351

477
146
380

513
162
406

47
16
43

51
18
48

55
20
52

82
26
70

91
30
80

98
34
89

Table 181.—New Orleans,
La. S M S A

_ .

Table 161.—Huntington-Ashland, W. Va.Ky.-Ohio S M S A

625
22
603
139
56
54
3
82
464
147
1
50
37

Table 183.—NorfolkVirginia Beach-Portsmouth , Va. S M S A

Table 182,-Newport
News-Hampton, Va.
SMSA

Table 184.—Orlando,
Fla. S M S A

e

3
4
5
6
7
8
9
10
11
12
13

1971

333
10
323
57
9
6
3
48
266
46

2,325
30
2,295
194
50
36
14
143
2,101
970

12

1970

314
12
302
50
g
5
3
42
252
49

2,161
27
2,134
176
47
33
14
129
1,957
918

32
43
9
34

1969

706
3
703
326
270
61
209
55
377
5
(g )

1,985
30
1,955
164
41
29
13
123
1,791
840

12
45
13
36
1

1971

Table 149 —Daytona
Beach, Fla. S M S A

677
3
674
326
276
54
222
50
347

432
1
430
33
5
3
3
28
397
242

21

1970

702
3
698
369
325
54
271
44
329

1971

11
40
11
30
1

1970

1969

1970

17

169.—Lexington,
Ky. S M S A

Table 148.—Columbus,
Ga.-Ala. S M S A

1969

1971

9
36
10
27
1

Table

Item

1970

1,071
6
1,065
383
235
67
167
149
681
148
2
75
75
169
75
136
2

Table 159.—GreensboroWinston-Salem-High
Point, N.C. S M S A

Table 158.—Gastonia,
N.C. S M S A

1969

961
6
955
334
200
60
140
134
621
136
2
65
68
156
68
124
2

1971

314
15
298
145
21
19
2
124
153
24

Item

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 & public
utilities.
Wholesale & retail trade
Finance, insurance & real estate Services . .
Other

1971

1970

279
14
265
130
18
16
2
112
135
25

1969

3
4

1971

246
15
231
109
15
13
2
94
122
22
1
16

e

1

1970

Table 147.—Columbia,
S.C. S M S A

1970

1969

ITEM

e

3
4

Table 146.—Chattanooga,
Tenn.-Ga. S M S A

1971

1969

1970

1971

1969

1970

1971

981
1
980
450
398
189
209
52
530
236

1,042
1
1,042
464
410
214
196
54
578
262

1,977
8
1,970
1,054
907
386
521
146
916
151

2,026
7
2,019
1,015
852
368
484
163
1,003
160

2,173
7
2,165
1,077
899
421
479
177
1,089
160

1,156
111
1,045
194
99
44
55
95
851
197

1,272
97
1,174
225
112
50
62
113
949
190

1,504
111
1,393
252
123
55
68
129
1,141
206

44
29

46
32

50
34

105
114

119
127

133
138

94
62

124
73

85
22
88
1

92
23
99
1

99
25
106
2

271
64
209

290
68
236

318
77
261

227
73
192

254
78
222

1969

1970

1971

2,963
3
2,960
397
138
119
18
260
2,563
478
172
212
393

3,130
2
3,128
439
155
134
23
284
2,689
473

3,322
3
3,319
472
166
143
23
306
2,847
497

922
1
921
416
368
190
177
49
504
235

223
424

248
434

606
195
501
6

642
204
541

685
223
577

1969

1970

Table 185. Owensboro,
Ky. S M S A

1969

1970

1971

164
86

206
8
198
23
4
3
1
19
175
69
5
16
17

211
7
204
26
5
3
1
21
178
69
5
15
19

221
8
213
27
5
4
1
22
186
70
5
16
21

289
90
299

32
7
29

33
7
31

33

8
32

SUKVEY OF CUEEENT BUSINESS

May 1973

39

Place of Work, 1969-711
of dollars]
Table 151.—Fayetteville, N.C. SMSA

Table 150.—Durham,
N.C. SMSA
1969

1970

513
9
504
112
24
20
4
88
392

567
9
559
130
30
25
4
100
429

5126

143
()
38

36
23
65
33
108
(6)

8

25
70
34
118
(8)

1971
644
9
635
150
37
32
5
113
485
165
(5)
43
29
75
37
134
(8)

Table 162.—Huntsville,
Ala. SMSA

1969
614
8
606
411
378
55
322
33
195
46
(5)

21
17
58
15
37
8
()

1970
624
9
615
398
362
59
303
36
217
56
(6)
24
19
64
14
40
8
()

Table 152.—Florence,
Ala. SMSA

1971

1969

647
9
638
404
363
66
297
41
234
64
8
()
26
20
68
15
41
(«)

Table 163.—JacksonvilleS Fla. SMSA

268
13
255
55
32
30
2
24
200
111
(8)
15
10
32
7
23
8
()

1970
281
15
266
62
35
33
2
27
204
109
(5)

15
12
34
8
25
(5)

1971
310
19
291
72
42
40
3
29
219
113
(8)
17
13
38
9
28
8
()

Table 164.—Jackson,
Miss. SMSA

Table 153.—Fort Lauder- Table 154.—Fort Myers, Table 155.—Fort Smith,
dale-Hollywood, Fla.
Fla. SMSA
Ark.-Okla. SMSA
SMSA
1969
1,286

1970

1971

1,491

1,647

14

11

13

1,272

1,479

1,634

1,112

1,288

1,415

160
26
18
8
134

160
3
225
75
280
99
261
9

192
30
21
9
161

173
3
263
94
329
112
303
10

219
34
24
10
185

179
3
275
108
362
133
345
11

Table 165.—Knoxville,
Tenn. SMSA

1969
196
4
191
26
5
4
1
21
165
10
1
35
13
48
20
35
2

1970
223
5
218
31
6
4
1
25
187
12
1
36
17
55
23
40
3

1971
242
5
237
35
6
5
2
28
202
14
1
39
19
60
23
43
3

Table 166.—Lafayette,
La. SMSA

1969
306
6
300
36
13
11
2
23
264
99
(5)

27
22
55
12
44
(«)

1970
329
7
321
41
14
12
2
26
281
106
6
25
25
58
12
48
1

1971

Table 156.—Gads den,
Ala. SMSA
1969

360
6
354
45
16
13
3
29
309
119
6
23
31
64
13
52
1

Table 167.—Lake
Charles, La. SMSA

233
4
229
21
5
3
2
16
208
118
(8)
12
13
31
7
27

1970
231
4
228
24
6
4
2
18
204
110
(6)
12
14
32
8
28

678
25
653
282
244
205
39
38
371
(s)

1970

1971

1969

1970

1971

1,525

1,717

1,823

2

2

2

1,523

1,715

1,821

1,139

1,278

1,364

720
27
693
306
264
224
41
42
387
(8)

773
35
738
335
289
249
40
46
403
(5)

(6)

18

19

183
(5)
112

13
65
(8)
159
(8)

13
69

14
74
(5)
173
1

137
336
151
218
(*)

(5)

(6)

164
1

(6)

384
260
105
155
124

(5)

(5)

145

126

687
19
669
123
34
29
5
89
546
99
10
62

152
364
164
249

165
392
187
279
(*)

54
138
63
119
1

437
291
109
182
146
201

457
293
119
174
164
209

Table 174.—MelbourneTitusville-Cocoa,
Fla. SMSA

Table 175.—Me mphis,
Tenn.-Ark. SMSA

1969

1969

1970

1971

2,162

2,304

2,538

812
11
801
154
104
78
26
50
646
228

1970
742
10
733
169
111
82
29
58
563
172

1971
723
11
712
180
116
88
28
65
532
160

163
3
37
19

39
21

177
o
35
22

56
11
41
1

59
12
44
1

62
13
47
1




1971

3,965

4,453

4,869

40

50

4,820

532
183
110
73
349

617
209
130
78
408

688
229
151
78
459

3,796

4,132

402
196
107
89
206

442
216
119
97
225

485
233
134
99
252

1,729

1,824

2,021

3,387

509
2
132
187

532
2
170
198

515
10
322
588

541
13
367
662

500
119
373
3

565
144
406
3

813
290
837
11

925
320
956
12

2

416
1
414
54
16
14
2
38
360

1970

4,413

(5)

400
2
398
50
15
13
2
35
349
171

1969

47

479
112
333

377
2
375
44
13
11
2
31
331

Table 176.—Miami,
Fla. SMSA

3,919

90
24
208

1971

65
162
75
141
1

33

79
21
239

1970

57
150
66
130
1

2,506

80
22
263
<•)

1969

801
18
783
152
43
37
6
108
631
107
11
68

38

26
22

Table 186.—ParkersburgMarietta, W. Va.-Ohio
SMSA

732
17
714
138
40
35
5
98
577
100
9
64

2,266

30
21

(5)

1971

30

33
19

(5)

1970

2,131

497
1
130
175

(5)

1969

Table 187.—Pensacola,
Fla. SMSA
1969
641
7
634
270
217
86
131
54
363

1970

1971

569
16
383
725

1,000
369

1,055
14

Table 188.—PetersburgHopewell, Va. SMSA *
1969

1970

1971

1969

1970

1971

1,062

1,132

1,232

4

4

4

1,058

1,127

1,228

61

208
74
67
8
133
920
397
22
61

52
184
31
139
(•)

59
196
32
151
2

185
66
58
8
119
873
383
(5)

e

243
4
239
27
6
4
2
20
213
113
12
16
34
8
30

(6)

Table 168.—LakelandWinter Haven, Fla.

230
82
73
9
148
999
424
23
66

609
131
478
60
11
8
3
50
418
107
27
39

639
114
525
69
12
9
3
57
457
115
31
43

707
129
577
75
13
9
3
63
502
113
42

46

1
2
3
4
5
6
7
8
9
10
11
12

67
212
41
165
2

23
52
9
42
(•)

28
57
10
48

32
63
11
53
1

24
49
10
43
1

26
50
10
45
1

27
55
11
48
1

29
105
28
78
5

33
113
29
87
4

38
127
32
99
5

13
14
15
16
17

CO

1971

1970

1971

Table 179.—Montgomery, Ala. SMSA

Table 180.—Nashville,
Tenn. SMSA

1969

1969

1970

1971

1,667

1,763
15
1,748
261
76
68
9
184
1,487
462

1,872
15
1,857
283
82
72
10
201
1,573
468

263
6
258
46
6
4
2
40
212
56
2
23
21

296
6
290
50
6
5
2
43
240
63
2
28
24

506
16
489
149
81
44
37
68
341
67
(5)
37
31

144
35
122
4

155
37
133
5

165
40
141
5

55
11
39
1

57
11
41
1

65
13
46
1

94
32
77

Table 189.—Pine Bluff,
Ark. SMSA

40
28

45
31

53
34

13
11

12
12

11
13

11
25

9
27

80
23
65

90
24
71

97
26
77
<•>

32
6
23

34
6
25

37
6
30

27
7
25
1

29
7
26
1

203
24
179
36
21
19
2
15
143
45

1971

410
16
394
51
8
5
3
43
343
130
15
56

258
5
253
41
5
4
1
36
212
56
2
29
20

191
19
172
34
20
19
2
13
139
43

1970

380
12
368
47
7
5
2
40
321
116
14
58

869
21
848
127
35
27
8
93
721
207
2
71
90

1970

1969

i
n

e

359
8
350
43
6
4
2
36
307
106
13
62

816
11
805
115
31
24
7
84
690
211
1
63
86

1969

1971

L

306
6
301
45
7
5
2
38
255
16
60
20

761
11
750
103
28
22
6
75
647
200
1
60
81

374
5
368
170
130
39
91
40
198
108

W

1970

14
15
16
17

280
5
275
42
7
5
2
36
232
15
53
22

1969

;1970

1969

1
2
3
4
5
6
7
8
9
10
11
12
13

256
4
251
37
5
4
2
32
214
14
51
22

1969

356
5
351
168
133
39
94
35
183
96

W

1971

Table 178.—Monroe,
La. SMSA

739
9
730
298
229
99
129
70
431
139

(5g)

1970

Table 177.—Mobile,
Ala. SMSA

672
6
666
271
208
88
120
63
395
132

392
5
387
175
133
44
89
42
212
116

1969

i
n

1971

SMSA

1969

L

1971

Table 190.—Raleigh,
N.C. SMSA
1969

1970

667
20
646
165
24
20
5
141
481
109

736
21
715
189
29
24
5
160
526
115

9
30

39
40

42
45

31
7
27
1

131
58
100

146
61
112

217
25
191
38
22
19
2
16
153
49

1971

1970
541
17
524
163
84
49
36
78
362
70
(5)

1971
603
19
584
189
99
58
41
90
395
73
(5)

37
33

42
35

103
33
84

115
37
91

Table 191.—Richmond,
Va. SMSA *
1970

1969

15

1,653

238
69
59
9
169
1,415
440
2
120
109
313
144
284
3

125
137

329
150
316

352
150
337

(5)

1970

1971

377
111
94
17
266

411
125
108
18
286

1,447

1,565

1,687

425

449

476

49
51

128
151

134
164

143
181

i
37
82

40
87

155
69
123

346
148
243

377
162
273

402
180
298
<•>

113
29
81
2

123
32
90
1

133
35
102
1

1,759

1,947

2,103

5

4

5

1,789

1,942

2,098

343
112
96
16
231

544
2
541
66
29
26
3
38
475

131i

591
2
589
73
31
26
5
42
516
143

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

(5)

647
2
644
81
36
31
5
45
563
155
1
42
94

800
21
779
211
32
26
5
180
568
116

e

(5)

115
111

Table 192.—Roanoke,
Va. SMSA
1969

1971

(5)

L

i
n

L
n
e

1
2
3
4
5
6
7
8
9

10
\\

12
13
14
15
16
17

SUEVEY OF CURRENT BUSINESS

40

May 1973
Tables 193-240.—Earnings of Persons by
[Millions

L
n
e
1
3
4
5
6
7
8
9
10
11
1?
13
14
15
16
17

L
i
n

Item

1969

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 & public utilities.
Wholesale & retail trade
Finance, insurance & real estate
Services
Other

Item

e
1
2
3
4
5
7
8
9
10
11
12
13
14
15
16
17

L
i
n
e

Table 193.—Sarasota,
Fla. S M S A

Total earnings
Farm earnings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
Military
State and local
Private nonfarm earnings
M anufacturing
Mining.
Contract construction
Trans, communication & public
utilities.
Wholesale & retail trade...
Finance, insurance, and real estate.
Services ._
Other... .

1

L
i
n
e

284
4
280
37
7
5
2
30
243
28

316
4
312
41
7
5
2
34
271
29

36
11
57
21
63
1

40
13
64
25
72
1

42
16
73
28
81
1

Table 205.—Sum of
SMSA's in Southwest
Region

Table 196.—Spartanburg, S.C. S M S A

1969

1969

1969

555
(6)

1970
579
(6)

1971
593
(6)

555
126
82
25
58
44
429
139

578
128
78
28
50
50
450
137

593
127
70
28
42
57
466
138

39
64
91
23
73

42
69
97
24
80

41
70
101
27
87

Table 206.—Abilene, Tex.
SMSA

1970

737
14
724
145
72
29
43
73
579
121
35
49
77
141
34
120
1

1971

785
19
766
166
85
33
52
80
601
120

840
18
822
177
90
37
54
87
645
128

55
81
146
33
130
(*)

58
89
161
37
138
(*)

Table 207.—Albuquerque,
N . Mex. S M S A

451
6
444
38
8
4
4
30
406
205
1
25
23
60
14
77
1

1970

1971

Table 197.—Tallahasee,

Fla. SMSA

1969

1970

1971

486
7
479
43
9
5
4
34
436
218

529
8
521
49
10
5
5
39
472
236

234
2
232
105
10
8
3
95
127
11

267
2
266
125
12
9
3
113
140
13

304
2
302
139
14
11
3
125
163
15

25
66
14
84

31
28
73
15
89

19
7
44
13
30

19
8
50
14
35
1

23
9
55
18
41
1

09

Table 208.—Amarillo,
Tex. S M S A

Table 209.—Austin,
Tex. S M S A

1970

1971

32,212
463
31, 749
6,430
3,605
1,817
1,788
2,825
25,319
6,928
956
2,239
2,390

34,943
531
34,412
7,082
3,874
2,050
1,824
3,209
27,330
7,218
1,008
2,452
2,642

37,264
476
36, 788
7,634
4,069
2,173
1,896
3,564
29,154
7,279
1,055
2,716
2,884

285
15
270
76
46
11
35
30
194
29
11
14
20

313
22
290
86
53
12
41
33
204
30
10
16
22

328
18
310
97
61
13
48
36
212
33
9
15
22

822

906

822
226
140
96
44
86
596
64

997
-2
999
269
165
114
51
104
730
78
2
77
72

370
11
359
57
20
15
5
37
302
44
9
21
43

407
12
395
61
21
16
4
40
334
49
10
23
47

435
13
422
65
22
17
5
43
357
55
11
26
52

740
5
735
277
93
53
40
185
457
80
1
59
25

832
5
827
323
113
63
50
210
504
100
1
61
29

916
2
913
353
125
65
60
228
560
104

54
56

907
247
154
107
47
93
659
70
2
64
63

5,956
1,877
4,909
64

6,501
1,984
5,453
72

7,072
2,248
5,821
79

53
13
53
1

53
13
59
1

57
15
61
1

147
50
223
1

161
55
242
1

182
62
256
1

92
24
68

102
23
78

108
24
81

118
45
128
1

132
46
135
1

148
53
146
1

Table 217.—GalvestonTexas City, Tex. S M S A

1969

1970

1971

1970

1969

2

1971

1970

1971

Table 220.—Laredo,
Tex. S M S A

Table 219.—KilleenTemple, Tex. S M S A

Table 218.—Houston,
Tex. S M S A

1969

1969

1970

1971

1

73
34

Table 221.-Lawton,
Okla. SMSA

Item

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 & public utilities.
Wh olesale & retail trade
Finance, insurance & real estate
Services . .
Other-

Item

Total earnings
Farm earnings
Total nonfarm earnings
Government earnings
Total FederalFederal civilian
Military
State and local..
Private nonfarm earnings.
Manufacturing
Mining
Contract construction.
Trans, communication & public utilities
14
Wholesale & retail trade
15
Finance, insurance & real estate16
Services
17
Other

See footnotes at end of table.

1

Table 195.—Shreveport,
La. S M S A

1969

414
1
413
80
18
12
7
62
333
125
2
37
36
53
25
53
1

1970
468
1
467
90
20
13
7
70
377
145
4
45
42
56
27
58
1

1971
492
(6)

492
99
23
15
8
76
392
154
4
37
44
60
30
62
1

Table 229.—San Antonio,
Tex. S M S A

1969

3
4
5
6
7
8
9
10
11
12
13

1971

253
4
249
31
6
4
2
26
217
26

1969

3
4
fi
6
7
8
9
10
11
1?,
13
14
15
16
17

1970

Table 194.—Savannah,
Ga. S M S A

1969

1970

1971

6,225
24
6,201
634
210
175
35
424
5,567
1,451
316
629
520
1,264
355
1, 022
11

6,881
27
6,854
718
237
198
39
481
6,136
1,555
357
706
586
1,388
381
1,150
13

7,433
20
7,413
791
256
213
44
535
6,622
1,651
397
736
642
1,518
443
1,220
14

Table 230.—ShermanDenison, Tex. S M S A

1971

1969

1970

1971

458
9
450
322
293
46
246
29
128
25

523
10
513
368
335
53
282
34
144
28

509
6
504
341
303
60
243
38
162
32

11
14
37
7
33
1

14
15
42
8
37

18
16
48
9
39

1969
126
10
116
42
28
10
18
14
74
5
1
5
12
30
4
16

151
13
137
54
37
13
24
17
84
6
1
4
14
35
5
19

Table 232.—Tucson,
Ariz. S M S A

1969

1969

1970

1971

1971

2,197
14
2 183
990
804
364
440
186
1 193
213
14
110

2,334
15
2,319
1,043
832
394
438
211
1 276
234
13
108

2,564
10
2 554
1,166
931
418
513
235
1 388
241
13
126

209
3
205
43
29
11
18
15
162
74
2
11

222
5
217
45
28
11
17
17
173
74
3
13

208
2
206
29
10
6
4
18
177
74
2
11

288
7
282
75
59
55
3
17
206
94
1
12

285
9
275
83
64
60
4
19
192
73
1
13

283
9
275
87
66
61
5
21
187
62
1
12

845
1
844
239
113
40
73
126
606
70
56
104

89
355
123
286
2

97
377
130
314
2

105
415
147
338
3

14
28
7
27

15
30
7
31

17
32
7
34

19
40
8
31
1

20
42
8
34
1

21
46
8
36
1

46
129
41
158
2

1970

139
12
127
48
33
12
21
15
78
6
1
4
12
33
5
18

1971

Table 231.—Texarkana,
Tex.-Ark. S M S A

1970

1969

1970

1969
336
4
332
250
235
39
196
15
83
10

1970
339
5
334
251
235
43
192
17
83
11

1971
320
3
317
229
211
46
164
18
89
11

(S)

9
8
27
7
20

6
9
30
7
24

6
8
29
7
22

Table 233.—Tulsa,
Okla. S M S A

1971

1969

1970

1971

950
3
947
268
122
45
77
147
679
81
70
99

1,077
1
1,075
310
142
53
89
168
765
86
76
124

1,463
12
1,451
133
41
31
10
93
1,317
384
80

1,530
15
1,514
149
45
35
10
104
1,365
383
135
84

1,608
17
1,591
158
46
36
10
113
1,433
365
140
95

55
147
46
177
2

63
167
53
194
2

160
261
74
217
1

173
275
74
239
3

191
298
83
259
2

1970

SURVEY OF CURRENT BUSINESS

May 1973

41

Place of Work, 1969-71
of dollars]
Table 198.—Tampa-St.
Petersburg, Fla. S M S A
1969

1970

1971

2,211
20
2,190
357
134
63
71
223
1,833
398

2,488
16
2,472
409
153
72
81
256
2,064
430

185
177
494
151
417
(«)

219
200
560
162
480
<*)

2,746
14
2,732
445
164
81
83
282
2,287
440
(«)
252
225
632
188
535
(*)

(5)

(5)

Table 210.—BeaumontPort Arthur-Orange,
Tex. S M S A
1969

Table 199.—Tuscaloosa, Table 200.—West Palm
Ala. SMSA
Beach, Fla. SMSA
1969
241
4
237
63
14
11
2
50
173
74
1
16
11
32
8
31
1

1969

1971

965
5
960
91
18
12
6
73
868
411
17
86
83

1,043
5
1,038
102
20
14
7
82
936
449

1,101
5
1,096
110
20
13
7
90
986
482

92
91

89
92

14
16

124
29
116
2

133
31
125

141
34
134

52
10
35

1969
447
41
406
93
39
19
20
54
313
48
1
25
34
106
26
72
1

(5)
(fi)

W

(5)

1970
495
51
444
106
46
22
24
60
338
51
0
32
37
113
26
78
1

1970

CO

1970
252
30
222
50
14
11
3
36
172
26
1
14
17
57
10
39
7

1971

273
32
241
55
16
12
3
39
187
29
1
15
22
60
12
41
8

1970

1971

917
97
820
106
16
12
5
89
714
176

1,023

1,128

105
34
161
61
164
12

111
41
182
63
197

(6)

92
932
123
18
13
5
104
809
201
(5)

(5)

116

1,012
136
20
14
6
116
876
213
(5)
115
45
203
73
213
(*)

Table 212.—BryanCollege Statioil. Tex.
SMSA
1969
119
5
115
54
6
4

1970

1971

Table 203.—Southwest
Region

Table 2O4.-Sum of
Non-SMSA Counties
in Southwest Region

1969

1969

1969

1970

1971

1969

1970

1971

42,617
2,127
40,490
8,608
4,527
2,319
2,207
4,082
31, 882
8,310
1,727
2,843
3,024
7,488
2,173
6,181

46,236
2,495
43,741
9,481
4,866
2,601
2,265
4,615
34, 260
8,678
1,800
3,072
3,321
8,132
2,294
6,822
141

49,036
2,226
46,810
10,236
5,123
2,758
2,365
5,113
36,574
8,846
1,865
3,402
3,621
8,829
2,594
7,269

10,404
1,664
8,741
2,178

11,293
1,964
9,329
2,398

1,256
6,563
1,382

1,406
6,930
1,460

11,772
1,750
10,023
2,602
1,054
585
469
1,548
7,421
1,566
810
686
737
1,757
347
1,448
70

452
3
449
43
9
6
2
35
406
128
(5)
45
34
70
16
66

1970
494
2
491
49
10
7
3
39
443
136

(5)

1971
520
2
517
53
11
8
3
42
465
142
(5)

46
40
80
20
80

47
37
74
17
72

(5)

Table 213.—Corpus
Christi, Tex. SMSA

1969

1970

1971

289
47
241
66
18
14
4
49
175
21
6
13
13
69
9
39
3

Table 235.—Waco, Tex.
SMSA
1969

1970

1971

244
1
243
28
5
4
2
23
215
79
10
12

267
2
265
32
6
4
2
26
234
87
10
13

285
1
284
35
6
4
2
28
249
93
10
14

347
5
342
55
24
21
3
31
287
99
1
20

369

384

7
362
61
27
24
3
35
301
93
1
21

3
382
67
29
26
4
38
315
90
1
24

18
42
12
41
1

19
47
13
45
1

19
50
14
49
1

22
63
22
61
1

25
71
22
67
1

27
77
24
71
1




4,881
1,468

5,156
1,436

()
342
(5)

()
363

388

1,206

1,311

1,399

463
818

484
915

544
959

17
4
14

19
5
16

20
5
18

118
30
96

133
30
105

149
35
112

22

32

5,386

5,741

505
161
124
37
344

5

585
190
148
42
394

5

(5)

(6)

1969

265
45
220
61
16
13
3
44
159
19
7
10
12
62
8
37
3

(5)

6,019
19
6,000
648
206
158
47
442
5,352
1,373

10
4

1969

240
37
203
53
14
11
3
40
149
17
7
12
11
57
8
35
3

19
38
53
12
46

5,773

5,408

1969

1971

(5)

18
38
50
10
44
(*)

1971

800
20
780
209
128
71
57
82
571
116
38
62

(5)

(5)

306
7
299
48
18
10
8
30
251
82

1970

761
26
736
197
122
69
53
74
539
115
40
59

o

289
7
282
42
16
9
7
26
240
80

1971

1969

701
29
672
180
113
59
54
67
492
105
40
54

48
60
10

1970

Table 214.—Dallas'
Tex. SMSA

149
3
146
67
9
6
3
59
79
14
1
14
5

Table 225.—Odessa,
Tex. SMSA

1970

260
7
254
38
14
7
7
24
216
68
(5)
19
35
45
10
39
(5)

133
6
128
62
7
5
3
55
66
11
1
10
4

Table 224.—Midland,
Tex. SMSA

518
41
477
122
56
24
32
66
355
54
1
29
39
121
29
82
1

1971

301
5
296
84
18
15
3
66
212
90
2
24
13
37
10
35

1969

Table 202.—Wilmington, N.C. SMSA

Table 223—McAUen
Pharr-Edinburg, Tex.
SMSA

1971

Table 234.—Tyler, Tex.
SMSA
1969

228
27
201
44
12
9
3
32
157

(5)

Table 222.—Lubbock,
Tex. SMSA

264
4
259
73
16
13
3
57
187
79
1
17
12
34
9
33
1

1971

Table 211.—BrownsvilleHarlingen-San Benito,
Tex. SMSA

1970

(5)

1970

Table 201.—Wheeling,
W. Va.-Ohio SMSA

218
4
214
20
4
3
1
16
193
10
78
10
13
34
11
38

1970
227
5
222
23
5
4
1
18
199
11
76
11
14
35
11
42

1971
240
6
235
25
5
4
1
20
209
12
77
13
15
37
12
43

244
1
243
29
4
2
2
25
215
33
44
22
18
53
9
36

1970
261
1
261
32
4
2
2
28
229
36
44
25
19
57
9
38

1971
276
(6)
275
35
4
2
2
31
240
41
46
23
21
61
10
37

(6)

Table 236.—Wichita
Falls, Tex. SMSA
1969
380
6
374
176
141
32
109
36
198
(5)
17
13
19
60
15
49

1970

Table 237.—Rocky
Mountain Region

Table 226.—Ok lahoma
City, Okla. SMSA
1969
1,863
13

134

148

Table 215.—El Paso,
Tex. SMSA
1969

1970

1971

2,246

2,760
122
2,638
456
157
82
75
298
2,182
666
2
197
168
503
184
452
10

3,066
114
2,952
519
173
93
80
346
2,433
685
2
243
195
575
204
518
11

3,429

17

514
341
305
37
172

588
393
354
39
196

627
412
366
46
215

1,337

1,470

1,601

270
69
106
155
339
127
269
2

321
71
123
166
365
132
291
2

340
71
139
185
397
148
318
3

Table 238.—Sum of
Non-SMSA Counties
in Rocky Mountain Region

123

3,306
586
190
103
87
396

2,720

699
4
328
218
640
243
575
12

Table 239.—Sum of
SMSA's in Rocky
Mountain Region

1970

1971

1969

1970

1971

1969

1970

1971

13,022
984
12,039
3,004
1,541
977
563
1,463
9,035
1,954
451
849

14,269
1,092
13,177
3,322
1,666
1,080

15,622
1,101
14, 521
3,659
1,807
1,218

5,177

5,640
1,019
4,621
1,138

6,048
1,029
5,020
1,252

1,656
9,855
2,108

1,853
10,861
2,265

360
285
75
662

397
316
81
741

427
340
86
826

3,239

3,482

3,767

1,133

626
307
329

662
329
365

716
323
409

7,845
67
7,778
1,982
1,181
693
488
801
5,796
1,328
144
520

8,629
72
8,556
2,184
1,269
764
505
915
6,373
1,446
163
592

9,574

4,261
1,022

13

426
7
419
200
156
36
120
44
219
30
(5)
16

20
66
15
52

22
65
16
55

1,045
2,247
606
1,839
44

1,136
2,436

1,254
2,711
726
2,236
50

369
781
152
645
31

394
838
163
700
31

429
914
183
760
33

676
1,466
454
1,194
13

742
1,599
475
1,342
15

389
7
381
173
132
33
99
40
209
25
(5)

586

492
957

638

2,042
46

589

486

916

L

i
n

73

9,501
2,407
1,380

877
503

1,027
7,094
1,549

163
724
824

1,797

543

1,476

18

e

1970

1971

2,336

2,339
9
2,330
364
172
114
58
192
1,966
748
20
124
153

1
2
3
4
5
6
7
8
9
10
11
12
13

430
119
369

14
15
16
17

10

12

2,204

2,324

1,923

1,994

375
105
322
2

401
112
351
3

281
134
93
41
147
848
25
112
133

330
160
109
51
170
847
24
114
142

3

Table 228.—Sin Angelo,
T ex. SMSA
1969
168
9
158
47
28
7
21
19
112
19
3
8
16
32
7
27
1

1970
186
15
171
52
31
8
23
21
119
22
2
7
17
33
8
29
1

1971
199
13
186
55
31
8
23
23
132
28
2
9
18
35
8
31
1

Table 240.—Bilings,
Mont. SMSA

1969

1971

69

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

1969

176
40
119
1

2,076

309

e

Table 216.—Fort
Worth, Tex. SMSA

155
35
109
1

1971

2,229

71

142
34
97
(•)

1970

18

1,631
1,369

296

73
202
83
519
128
1
40
77

1969

792
621
679

1,532

2,214

Table 227.—Phoenix,
Ariz. SMSA

992
551
441

1,272

968
15
952
313
212
80
133
100
640
158
1
55
91

1971

2,058

772
604
635

914
15
899
328
235
77
159
92
571
144
1
45
83

889
11
877
359
276

1970

1,850

922
502
419

L
i
n

1969

1970

228
8
220
36
12
10
1
24
184
30
4
15

251
8
243
40
13
12
1
27
203
34
4
17

24
59
12
40
1

28
63
12
44
1

L
i
n
e

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

L

i
n
e

1971
279

7
272
45
15
13
2
31
227
37
4
21
34
68
14
49
1

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

SUEVEY OF CUEEENT BUSINESS

42

May 1973
Tables 241-284.—Earnings of Persons by
[Millions

Table 241.-Boise City,
Idaho S M S A

Item
1969

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 & public utilities
Wholesale & retail trade.
Finance, insurance & real estate
Services
Other

316
5
311
68
30
27
3
38
243
38
(6)
32

1970
352
5
347
79
35
32
4
43
268
43
1

Table 242.—Cheyenne,
Wyo. S M S A

1971

1970

Table 243.—Colorado
Springs, Colo. S M S A

1971

1970

Table 244.—Denver,
Colo. S M S A

1971

1969

1970

1971

387
4
383
89
41
37
4
48
294
47
1
35

169
6
163
70
44
18
26
25
93
9
1
11

184
7
177
76
48
20
28
28
101
9
1
13

198
8
190
83
52
22
30
31
107
9
J
13

664
8
656
365
318
70
249
47
291
46
1
36

724
9
716
398
345
75
270
53
318
50
1
41

769
9
759
392
332
84
248
60
367
56
1
55

3,879
11
3,868
740
365
240
125
375
3,128
738

4,292
11
4,281
820
391
275
116
430
3,461
811

287

327

4,849
10
4,839
930
441
317
125
488
3,910
884
(5)
412

34
89
30
57
1

25
21
8
18

27
23
8
19

30
25
9
21

27
71
22
87

28
76
24
97

33
85
30
106
1

350
785
267
632

388
864
277
713

429
994
317
786

28
73
24
47
1

Table 253.—AnaheimSanta Ana-Garden Grove
Calif. SMSA

Table 254.—Bakersfield,
Calif. SMSA

Table 255.—EugeneSpringfield, Oreg. SMSA

Table 245.—Great
Falls, M o n t S M S A

1971

1970
230
7
222
74
53
15
38
20
149
24
W

17

246
8
238
79
57
16
41
22
159
24
(8)
21

259
9
251
86
60
18
43
25
165
22
(6)
19

17
43
13
33

19
46
12
36

20
51
14
38
6
)

(6

Table 256.—Fresno,
Calif. SMSA

Table 257.—Las Vegas,
Nev. SMSA

Item

Total earnings.
F a r m earnings..
T o t a l nonfarm earnings
Government earnings
Total F e d e r a l . .
Federal civilian
_
Military
State and local
P r i v a t e nonfarm earnings
Manufacturing..
Mining
Contract construction...
Trans, communication & public utilities
_
Wholesale & retail t r a d e .
Financial, insurance & real estate._.
Services
Other

1969

1970

1971

69

1970

3,742
19
3,724
596
181
72
109
415
3,127
1,324
20
261

4,023
18
4,004
682
208
81
126
474
3,323
1,317
21
279

4,242
20
4,222
737
218
84
134
519
3,484
1,279
21
310

948
155
793
237
124
95
29
113
556
79
70
60

1,010
167
843
282
157
124
33
125
561
79
69
49

190
899
308
175
140
35
133
591
83
73
46

502
4
499
84
15
12
3
69
415
163
2
34

538
3
536
96
18
15
3
78
440
169
3
35

123
602
192
592
13

138
669
218
666
15

159
731
239
728
17

58
139
34
105
12

58
149
35
110
12

63
159
36
118
12

37
90
16
71
1

40
97
16
77
2

Table 265.—Sacramento,
Calif. SMSA

Item

Total earnings
Farm earn ings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian
Military
State and local...,
Private nonfarm earnings
M anufacturing
M in ing
Contract construction
Trans, communication & public
utilities......
Wholesale & retail trade
Finance, insurance & real estate
Services
Other

L969

1970

1971

2,318
72
2,245
926
361
281
80
564
1,320
245
1
149

2,494
71
2,423
1,039
413
312
102
626
1,384
238
1
160

2,681
81
2,600
1,098
439
335
104
658
1,502
236
1
187

157
364
97
300
7

163
386
99
330
7

179
419
115
357

Table 277.—Tacoma,
Wash. SMSA

1971

Table 266.—Salem, Ore.
SMSA
1969

433
118
14
11
2
105
278
82
(5)
30
18
70
22
55
)

1970

462
35
427
133
15
13
3
118
294
85
(5)
30
21
74
22
59

1971

501
33
467
145
17
14
3
129
322
95
(5)
33
24
81
23
64

)

69

1970

1969

1970

1971

69

592
2
590
106
19
16
4
86
484
188
3
37

1,086
205
881
182
31
24
7
151
699
139
6
56

1,164
219
945
204
35
28
7
168
741
146
9
60

1,261
233
1,028
219
39
31
8
180
809
157
7
71

910
2
908
173
95
38
57
79
735
41
1
84

44
107
19
84
2

74
214
48
151
12

76
228
49
160
14

87
246
56
171
14

62
134
37
376
2

1971

Table 268.—San Diego,
Calif. SMSA

Table 267.—SalinasSeaside-Monterey,
Calif. SMSA
39

1970

1971

1969

1970

1971

847
144
703
351
281
42
239
70
351
59
5
31

884
142
741
373
295
46
248
78
368
62
6
28

973
167
806
409
326
54
272
83
397
62
6
32

4,117
44
4,072
1,632
1,191
292
899
442
2,440
679
6
252

4,310
44
4,266
1,651
1,154
315
839
497
2,615
696
7
273

4,583
42
4,540
1,722
1,184
348
837
537
2,818

36
107
22
86
6

38
116
21
91
6

40
128
22

185
544
169
589
16

206
580
179
655
19

238
625
209
728
20

Table 278.—Vallejo-Fairfield-Napa, Calif. SMSA

Table 279.—Yakima,
Wash. SMSA

1970

1970

Table 280.—Alaska and
Hawaii Region

Item

Total earnings

Farm earnings
Total nonfarm earnings
Government earnings
Total Federal
Federal civilian.
Military
State and local
Private nonfarm earnings
Manufacturing
Mining
Contract construction
Transportation, communication & public utilities.
Wholesale & retail trade
Finance, insurance & real estate
Services

Other



969

1960

1971

1,182
6
1,176
490

1,225
5
1,220
523

85
281
124
686
195
1
69
59

93
290
139
697
196
1
67
61

1,235
2
1,232
514
365
100
264
149
719
201
1
61
61

169
55
133
4

173
56
141
3

182
59
150
3

Oftfi

707
21
686
387
280
173
107
107
299
64
1

1971

750
21
729
413
293
174
119
120
316
69
1
27
35

800
23
776
429
300
176
124
130
347
75
2
32
37

85
16
82
2

91
18
90
2

362
84
278
54
14
10
4
39
224
50
:6)
16
19
77
13
45
4

357
64
293
61
16
12
4
45
232
53
(5)
17
19
79
13
47

1971

386
72
314
65
17
12
5
48
249
55
19
20
85
15
52

1970

1971

1,011

193
101
42
59
92
817
44
1
97

1,106
2
1,105
221
119
54
65
102
884
44
1
104

72
145
40
417
2

80
157
48
449
2

2
1,009

Table 269.—San
Francisco-Oakland,
Calif. SMSA
1970

1971

12,338 13,035 13,687
42
51
39
12, 299 12, 993 13, 636
2,584 2,824 2,970
1,145
1,171
1,086
820
880
790
290
325
297
1,799
1,498
1,679
9,715 10,169 10, 667
2,157 2,204 2,221
27
23
25
834
795
811
1,476
2,214
955
2,068
27

1,565
2,293
986
2,256
28

1,636
2,426
1,082
2,409
32

Table 281.—Sum of
Non-SMSA Counties
in Alaska and Hawaii
Region

1969

1970

1971

69

1970

3,770
100
3,671
1,406
977
482
495
429
2,265
258
59
397
321

4,244
102
4,142
1,577
1,068
524
544
510
2,564
291
54
453
366

4,507
107
4,400
1,694
1,100
559
541
594
2,705
308
45
453
390

846
74
771
272
157
71
85
115
499
91
25
69
80

942
76
867
303
174
79
95
134
559
102
23
89
86

1,003
81
921
337
177
81
95
160
584
104
17
93
87

515
169
515
30

588
195
586
30

628
213
639
31

95
20
10*
15

105
22
115
15

117
24
127
15

1971

SUEVEY OF CUEEENT BUSINESS

May 1973

43

Place of Work, 1969-71
of dollars]
Table 247.—ProvoOrem , Utah SMSA

Table 246.—Ogden,
Utah SMSA
1969

1970
284

1969

1971
304
5
298
113
73
66
7
40
186
39

12

13

14

242
7
236
39
7
5
3
32
197
83
3
16

29
42
8
35

30
44
8
39

31
47
10
44
1

11
30
5
49
1

264
4
260
97
65
59
6
32
162
36

5
279
104
68
63
5
36
175
40
(6)

(6)

(•)

Table 258.—Los iingelesLong Beach, Calif. SMSA
1969

1970

1971

27,584

28,505

29,263

79

90

95

27,505
3,675

28,415
4,061
1,049

29,168
4,330
1,090

3,011
24,354
8,358

3,240
24,838
8,119

984
636
349

2,691
23,830
8,653
126

730
319

126

496
75
422
83
9
5
4
74
338
114
(6)

129

1,416
1,962

1,393
2,105

4,869
1,687
5,299

5,147
1,711
5,587

5,356
1,897
5,787

44

47

52

85
14
63
5

1970

1971

3,555

3,767

4,012

37

34

42

3,519

3,733

3,969

3,007
1,401

3,144
1,431

3,327
1,441
1
250

739
28
711
188
87
38
49
101
523
102
11
49

160
492
126
585
7

178
534
131
634
8

204
592
152
676
9

30
115
29
182
5

1
234

1
227

287
2
285
84
34
33
2
50
201
85
(6)
13

12
32
6
57
1

13
36
6
66
1

21
37
10
35

1969

34
24
90
14
66
5

98
15
71
6

643
194
118
75
449

Table 282.—Sum of
SMSA's in Alaska and
Hawaii Region

Table 249.—Salt Lake
City, Utah SMSA

1,566

1971

1969

1970

1971

1969

1970

1971

1,907

84,881
2,537
82,344
17, 024
7,039
3,823
3,216
9,986
65,319
20, 735

88,643
2,488
86,155
18, 734
7,500
4,209
3,291
11, 234
67,421
20,365

92,968
2,706
90, 263
19,879
7,768
4,487
3,282
12, 111
70,383
20,157

7,975
1,010
6,965
1,957

8,350
7,388
2,180

9,064
1,040
8,024
2,321

1,251
5,008
1,548

1,417
5,208
1,598

1,535
5,703
1,759

76,905
1,527
75,378
15, 067
6,332
3,388
2,944
8,735
60,311
19,187

80,293
1,526
78, 767
16, 554
6,737
3,739
2,998
9,817
62,213
18, 766

83,905
1,666
82, 239
17, 559
6,983
3,990
2,993
10, 576
64,680
18,398

63
425

71
450

67
536

339

351

359

4,492

4,635

4,830

5,524
13,101
4,347
13,091

5,899
13,812
4,455
14, 055

6,350
14, 630
4,932
14, 919

240

262

10

10

1,713

1,897

451
269
235
34
182

1,148

1,262

240

263

(5)

(5)

518
318
278
40
200

1,379
280

(5)

402

422

426

18

80

92

116

4,917

5,085

5,366

23
41
10
37

24
44
11
41
(6)

145
304
85
218
(•)

157
329
92
246
(5)

175
358
101
268

5,972
14,315
4,551
14,109

6,376
15, 070
4,664
15,116

6,876
15,982
5,165
16,064

1970

1971

849
85
764
271
163
112
51
108
493
132
19
54
36

891
80
811
282
159
122
36
123
529
133
21
56
38

961
95
865
303
168
131
37
135
562
130
20
62
43

123
26
96
7

139
28
108
7

149
30
120
8

1970

1971

318

(5)

Table 261.—Po -tland,
Oreg.-Wash. SMSA
1970

1969
3,241

1971

3,383

3,625

0)

90
31
164
1

99
34
181
1

568
194
178
17
374

Table 273.—Santa
Rosa Calif. SMSA
1971

1970

1969

437
(6)

Table 274.—SeattleEverett, Wash. SMSA
1969

1970

1971

5,095

5,031

276
36
240
46
5
3
2
41
194
51
1
22

293
35
258
52
5
3
2
47
206
52
1
25

318
41
277
57
6
3
3
51
220
53
1
24

432
11
421
118
36
8
28
81
303
58
3
28

464
11
453
133
40
10
30
92
321
60
3
29

493
8
486
127
27
10
17
100
359
64
3
36

5,263

204
90
41
48
114
541
103
11
44

809
33
776
215
91
43
48
124
561
98
10
45

32
122
29
195
5

34
131
33
205
5

13
49
10
47
2

15
51
10
51
2

16
58
11
54
2

23
87
29
72
3

25
94
31
76
3

30
104
36
82
3

773
28

745

Table 283.—Anchorage,
Alaska SMSA

Table 284.—Honolulu,
Hawaii SMSA

1971

80
30
147
1

3,026

716
210
555
7

1970

765
229
601
8

2,831

686
204
506

1969

835
5
231
351

2,750

802
3
214
324

Table 262.—Reno, Nev.
SMSA

544
1
543
91
24
21
2
67
453
30
3
53
51

31

3,594

808
(5)
227
308

347

483
1
483
81
21
19
2
60
402
25
3
43
45

35

3,348

517
178
163
15
338

323

437
69
18
16
2
51
368
24
2
41
43

38

3,203
453
155
141
14
298

Table 252.—Sum of
SMSA's in Far West
Region

1970

9
409
251
215
35
159

Table 251.—Sum of
Non-SMSA Counties
in Far We3t Region

1969

18

(6)

1969

1,723

Table 250.—Far West
Region

1971

1,557

Table 272.—Santa
Cruz Calif. SMSA

1971

1970

1969

(8)

1969

574
74
500
103
11
6
5
92
397
137
1
41
29

1970

338
3
335
104
39
37
2
65
231
91

Table 260.—OxnardSimi Valley-Ventura,
Calif. SMSA

1971

529
74
456
95
10
6
5
84
361
126

1971

312
3
310
92
35
33
2
57
217
88

(6)

Table 271.—Santa
Barbara-Santa MariaLompoc, Calif. SMSA

1969

589
177
111
67
411

283
7
276
48
8
5
3
40
228
83
4
19

(6)

1,322
1,829

1970

1969

261
7
254
44
8
5
3
36
210
83
4
16

1970

1969

33
23

512
150
95
55
361

1971

Table 259.—Modesto,
Calif. SMSA

770
320

Table 270.—San Jose,
Calif. S M S A

1970

Table 248.—Pueblo,
Colo. SMSA

477

525

1,257

1,352

1,018

1,061

1,145

205
88

209
84

233
85

Table 263.—RichlandKennewick, Wash.
SMSA
1969
280
25
255
42
12
9
3
30
214
55
(5)

24
14
35
6
78
(5)

1970
294
24
269
48
13
11
3
34
222
57
(s)
23
16
37
6
82
(»)

1971
312
35
277
51
14
11
3
37
227
56
(5)

24
17
39
7
83
(5)

230

Table 264.—RiversideSan Bernardino-Ontario,
Calif. SMSA
1969

1970

1971

2,651

2,857

2,990

1,794

1,915

2,016

493
25
157
165

513
29
177
178

521
29
182
187

1
2
3
4
5
6
7
8
9
10
11
12
13

421
92
425
16

447
95
462
15

483
106
491
16

14
15
16
17

712
301
150
152
411

794
336
165
171
457

828
339
161
178
489

1969

1969

76
171
47
150
2

83
185
53
161
2

63
141
28
93
7

432
955
336
735
16

e

147

72
164
47
141
2

410
951
345
711
16

i
n

2,844

461
982
355
798
18

4,155
1,235

L

147

5
301

4,263
1,471

868
260
186
74
608

13
14
15
16
17

2,709

Table 276.—Stockton,
Calif. S M S A

1971

1
2
3
4
5
6
7
8
9
10
11
12

145

Table 275.—Spokane,
Wash. SMSA
1970

e

2,506

834
110
724
206
79
65
15
127
518
147
(6)
39

4,526
1,746

5
313

447

1,215

875
12
863
188
83
40
43
105
675
127
2
62

8

5,023

5
341

786
496
289

813
14
799
173
75
37
38
98
626
121
2
58

9

5,086

823
259
181
78
564

763
470
293

776
16
760
152
64
32
33
88
608
125
1
56

10

5,253
727
230
156
75
497

706
434
272

962

L
n

1970

1971

L

i
n
e

44

962
126
836
245
94
68
26
151
591
172
1
53

1
2
3
4
5
6
7
8
9
10
11
12

65
143
28
98
7

69
151
31
108
7

13
14
15
16
17

883
110
773
231
90
66
24
141
541
156
(8)

i

n
1969

1970

1971

2,925
25
2,899
1,134
821
411

3,301
27
3,275
1,269
894
444

3,505
26
3,479
1,357
923
478
445
434
2,121

409

450

167

375
2,006
189

313
1,765

1969
726
(6)
726
320

1970

1971

1970

L971

808
358

894
1

893
390

2,198
25

2,493
26
2,467

2,611
25
2,586

912

266
127

586
302

633
322

967

261
122

808
1

235
109
126
85
406

97
450

124
503

32

42

47

139

139

2, 173
814
284

229

364
280

360
303

86
60

82
70

105
82

1, 359
L35
(t
V
242
182

482
420
149
173
471
411
for FRASER
14
15

511
189
512
16

91
21
73
9

105
26
84
9

113
29
90
9

329
128
338
5

328
242

q-j
oi

204

Digitized


e

1969

oi

•

657
351

311

306

1 556
147

311
1,619
157

282
210

255
221

377
147
387
6

398
159
422
7

278

1. Detail may not add to total because of rounding.
2. The BEA definition of SMSA's in New England differs from that of the Office of Manage-

1
2

3

4
5
6

7

8
9
10

xi
12
13
14
15
16
17

TY!

M

3. Included in the Boston SMSA are Brockton. Lawrence. Haverhill and Lowell SMSA's
and the non-SMSA portions of Essex , Middlesex, and Plymouth counti es.
4. T h e Independent city of Colonial Heights, Va. is included in Richmond SMSA. This
differs from OMB's definition which includes Colonial Heights with the Petersburg SMSA.
5. Data not shown to avoid disclosure.
6. Less than $500,000.
Source: U.S. Department of Commerce, Bureau of Economic Analys is.

SUEVEY OF CUKRENT BUSINESS

44

May 1973

List of State Agencies and Universities
Alabama
Center for Business & Economic Research
The University of Alabama

Louisiana
Division of Business & Economic Research
Louisiana State University in New Orleans
College of Administration & Business
Louisiana Tech University

Alabama Development Office
Alaska
Institute of Social, Economic & Government Research
University of Alaska
Division of Planning & Research
Office of the Governor
Arizona
Bureau of Business & Economic Research
Arizona State University

Office of State Planning
Office of the Governor
Maine
Research & Public Services Division
University of Maine at Orono
Maine State Planning Office
Maryland
Bureau of Business & Economic Research
University of Maryland

Division of Economic & Business Research
The University of Arizona

Maryland Department of State Planning

Arizona Department of Economic Security
Dept. of Economic planning & Development
Arkansas
Industrial Research & Extension Center
University of Arkansas

Massachusetts
School of Business Administration
University of Massachusetts
Massachusetts Department of Commerce & Development

Arkansas Department of Planning

Michigan
Bureau of Business Research
The University of Michigan

California
Institute of Business & Economic Research
University of California, Berkeley

Michigan State Department of Commerce

Graduate School of Management
University of California, Los Angeles

Minnesota
Minnesota Analysis & Planning System
University of Minnesota

Department of Finance
State of California

Minnesota Department of Manpower Services

Colorado
Business Research Division
University of Colorado
Division of Employment
Colorado Department of Labor & Employment
Connecticut
School of Business Administration
The University of Connecticut
Department of Finance & Control
Office of State Planning

Mississippi
Division of Business Research
Mississippi State University
Dept. of Federal-State Programs
Office of the Governor
Missouri
School of Business & Public Administration
University of Missouri
Missouri Department of Community Affairs

Delaware
College of Business & Economics
University of Delaware

Montana
Bureau of Business & Economic Research
University of Montana
Montana State Information System
Department of Planning

State Planning Office
Executive Department
Florida
Bureau of Economic & Business Research
University of Florida
Florida Department of Administration

Nebraska
Bureau of Business Research
The University of Nebraska-Lincoln

Georgia
Division of Research
University of Georgia
Bureau of Business & Economic Research
Georgia State University
Georgia Department of Industry & Trade

Nevada
Bureau of Business & Economic Research
University of Nevada-Reno

Industrial Research & Information Services
Nebraska Department of Economic Development

Nevada State Planning Board

Hawaii
Hawaii Department of Planning & Economic Development
Idaho
Center for Business & Economic Research
Boise State College
Idaho State Planning & Community Affairs Agency
Illinois
Bureau of Economic & Business Research
University of Illinois at Urbana-Champaign
Management Information Division
State Department of Finance

New Mexico
Bureau of Business Research
The University of New Mexico
New Mexico State Planning Office
New York
Business Research Institute
St. John's University
School of Business
State Univ. of N.Y.

Iowa
College of Business Administration
University of Iowa
Iowa Office for Planning & Programming
Kansas
Institute for Social & Environmental Studies
University of Kansas
Kansas Department of Economic Development




New Jersey
Bureau of Economic Research
Rutgers University
Division of State & Regional Planning
Department of Community Affairs
Office of Business Economics
New Jersey Department of Labor & Industry

Indiana
Graduate School of Business
Indiana University
Economic Research Division
Indiana Department of Commerce

Kentucky
Office of Business Development
Services
University of Kentucky

New Hampshire
Whittemore School of Business & Economics
University of New Hampshire
New Hampshire Department of Resource & Economic
Development

&

Government

New York State Office of Planning Services
New York Department of Commerce
North Carolina
Institute of Applied Business & Economic Research
University of North Carolina
Tax Research Division
North Carolina Department of Revenue

North Dakota
North Dakota State University of Agriculture &
Applied Science
North Dakota State Planning Division
North Dakota Employment Security Bureau
Ohio
Division of Research
The Ohio State University
Ohio Department of Economic & Community Development
Oklahoma
Bureau for Business & Economic Research
The University of Oklahoma
College of Business Administration
Oklahoma State University
Oklahoma Office of Community Affairs & Planning
Oregon
Bureau of Business & Economic Research
University of Oregon
Economic Research Unit
Executive Department
Employment Division
Oregon Department of Human Resources
Pennsylvania
College of Business Administration
The Pennsylvania State University
Office of State Planning & Development
Rhode Island
College of Business
University of Rhode Island
Division of Statewide Transportation
Planning

& Land Use

South Carolina
Bureau of Business & Economic Research
University of South Carolina
Division of Adm.
Office of the Governor
South Dakota
Business Research Bureau
The University of South Dakota
South Dakota State Planning Agency
Tennessee
Center for Business & Economic Research
The University of Tennessee
Bureau of Business & Economic Research
Memphis State University
Tennessee State Planning Office
Texas
Bureau of Business Research
The University of Texas at Austin
Office of Information Services
Office of the Governor
Utah
Bureau of Economic & Business Research
The University of Utah
Office of State Planning
Office of the Governor
Department of Economics & Business Administration
The University of Vermont
Vermont State Planning Office
"" Graduate School of Business Administration
University of Virginia
Division of State Planning & Community Affairs
Office of the Governor
"Graduate School of Business Administration & School
of Business Administration
University of Washington
Washington Planning & Community Affairs Office
Office of Program Planning & Fiscal Management
Office, of the Governor
West Virginia
Bureau of Business Research
West Virginia University
Office of Federal & State Relations
Office of the Governor
Bureau of Business Research & Service
The University of Wisconsin
Wisconsin Department of Federal & State Relations
Wyoming
i#i ,
Water Resources Research Institute
The University of Wyoming
Wyoming Department of Economic Planning &
Development
U.S. GOVERNMENT PRINTING OFFICE :1973

O-502-337

CURRENT BUSINESS STATISTICS

J.HE STATISTICS here update series published in the 1971 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
That volume (available from the Superintendent of Documents for $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, 1967 through 1970 (1960-70 for major quarterly
series), annually, 1947-70; for selected series, monthly or quarterly, 1947-70 (where available). Series added or significantly revised after the 1971
BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1970 issued too late for
inclusion in the 1971 volume appear in the monthly SURVEY beginning with the September 1971 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 1971 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.
OF CURRENT BUSINESS.

1970
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are a s shown in
the 1971 edition of BUSINESS STATISTICS

|

1970

1971 | 1972

I

II

Annual total

1972

1971

1

III

IV

I

II

|

I I I | IV

I

II

1973

|m

IV

I

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCTf
bil.$_

976.4

958.0

971.7

986.3

989.7

1,023.4

1,043.0

1,056.9

1,078.1

1,109.1

1,139.4

Personal consumption expenditures, total

do...

616.8

664.9

721.0

604.1

613.4

623.0

626.5

648.0

660.4

670.7

680.5

696.1

713.4

728.6

745.7

' 773.6

Durable goods, total 9
Automobiles and parts
,.
,
Furniture and household equipment
Nondurable goods, total?
Clothing and shoes
Food and beverages
Gasoline and oil

do__.
do
do...
do..
do_.
do_.
do..

90.5
37.3
39.0

103.5
46.7
42.0

116.1
52.8
47.6

90.2
37.8
38.7

91.6
39.2
38.8

92.6
39.4
38.8

87.5
33.0
39.6

99.8
44.9
41.0

101.9
45.4
41.4

106.1
48.8
41.9

106.1
47.9
43.5

111.0
49.9
46.5

113.9
51.3
46.8

118.6
54.8
47.9

120.8
55.2
49.1

' 130.4
'60.1
'53.0

264.4
52.0
132.1
22.2

278.1
56.9
136.4
23.5

299.5
62.0
144.7
25.2

257.8
51.1
128.0
21.8

262.4
51.8
131.2
22.0

266.3
51.7
133.9
22.3

271.3
53.6
135.2
22.8

273.4
55.1
135.1
23.0

277.2
56.7
135.9
23.0

278.5
57.4
136.6
23.5

283.4
58.5
137.9
24.3

288.3
59.4
140.3
24.6

297.2
61.5
144.1
24.5

302.0
62.6
145.8
25.4

310.4
64.5
148.5
26.3

' 322.6
'68.3
' 154.3
'27.1

Services, total 9
Household operation
Housing
Transportation

do..
do_.
do..
do..

261.8
36.3
90.9
18.2

283.3
39.5
99.2
19.9

305.4
43.3
107.2
21.7

256.1
35.3
88.7
17.7

259.4
35.9
90.1
18.0

264.1
36.9
91.4
18.5

267.7
37.2
93.4
18.8

274.8
38.0
95.8
19.3

281.3
39.1
98.1
19.8

286.1
40.0
100.3
20.2

290.9
40.7
102.5
20.4

296.7
41.2
104.2
21.0

302.4
42.7
106.1
21.5

308.0
44.0
108.1
21.9

314.5
45.1
110.2
22.4

' 320.6
'45.7
112.4
23.0

Gross national product, totalf

,

.

Gross private domestic investment, total

1,050.4 1,151.8

1,164.0 1,194.9 "1,237.9

do

137.1

152.0

180.4

132.9

137.7

139.9

137.8

143.9

153.0

152.2

158.8

168.1

177.0

183.2

193.4

' 199.7

do
do
do
do
do
do
do
do

132.2
100.9
36.0
64.9
31.2
30.7
4.9
4.8

148.3
105.8
38.4
67.4
42.6
42.0
3.6
2.4

174.5
120.6
42.2
78.3
54.0
53.2
5.9
5.6

131.4
100.2
35.5
64.8
31.2
30.6
1.5
1.4

131.4
101.7
36.1
65.6
29.7
29.4
6.3
6.2

133.7
103.4
36.2
67.2
30.3
29.9
6.2
6.1

132.1
98.5
36.3
62.1
33.6
33.0
5.7
5.6

139.0
101.9
37.6
64.3
37.0
36.6
4.9
3.9

146.4
105.0
38.3
66.7
41.4
40.9
6.6
5.1

150.9
106.3
38.7
67.6
44.5
43.9
1.3
-.2

157.2
109.8
38.8
71.0
47.3
46.7
1.7
.8

167.7
116.1
41.3
74.8
51.6
51.0
.4
.1

172.0
119.2
42.0
77.2
52.8
52.1
5.0
4.3

175.2
120.7
41.8
79.0
54.4
53.7
8.0
7.9

183.1
126.1
43.7
82.3
57.0
56.1
10.3
10.1

'192.9
'133.5
'46.7
'86.8
'59.4
'58.4
'6.8
'6.5

do
do
do

3.6
62.9
59.3

.7
66.1
65.4

-4.2
73.7
77.9

3.6
61.5
57.9

3.9
63.0
59.2

4.0
63.7
59.8

2.8
63.2
60.4

4.5
66.3
61.8

.1
66.7
66.6

.4
68.5
68.2

-2.1
63.0
65.1

-4.6
70.7
75.3

—5.2
70.0
75.2

-3.4
74.4
77.8

-3.5
79.6
83.1

' -2.2
'87.6

Govt. purchases of goods and services, total._do
Federal
do
National defense
do
State and local
...do

219.0
96.5
75.1
122.5

232.8
97.8
71.4
135.0

254.6
105.8
75.9
148.8

217.3
99.7
78.9
117.6

216.7
96.2
74.7
120.5

219.5
95.2
73.8
124.3

222.6
95.0
72.9
127.6

227.0
96.2
72.5
130.8

229.5
96.3
71.2
133.3

233.6
97.9
70.1
135.7

240.9
100.7
71.9
140.2

249.4
105.7
76.7
143.7

254.1
108.1
78.6
146.0

255.6
105.4
75.1
150.2

259.3
104.0
73.2
155.2

266.8
106.6
75.0
160.1

1,046.7 1,145.9
491.8
536.6
194.6
217.3
297.3
319.3
443.9
482.3
111.0
127.0

956.4
462.3
184.4
277.8
400.6
93.5

965.5
467.3
185.2
282.1
405.1
93.1

980.2
472.7
187.4
285.2
412.2
95.3

984.1
465.6
174.8
290.7
418.7
99.8

1,018.5
482.2
189.6
292.6
431.3
105.0

1,036.4
485.8
191.0
294.8
441.1
109.5

1,055.6
496.2
197.7
298.5
446.7
112.7

1,076.4
503.1
200.1
303.0
456.3
117.0

1,108.6
517.2
208.8
308.4
467.3
124.2

1,134.4
532.1
214.6
317.5
477.3
125.0

1,156.0 1,184.6
554.8
542.4
225.1
220.7
329.7
321.7
497.3
487.3
132.5
126.3

1,231.0
584.5
240.3
344.3
507.1
139.5
'6.8
6.3
'.5

Fixed investment
,.
Nonresident ial
_
Structures
Producers' durable equipment
Residential structures
Nonfarm
Change in business inventories
Nonfarm
__
Net exports of goods and services
Exports
Imports...

By major type of productrf
Final
" ' sales,
'
total
total.

Goods, total
Durable goods
Nondurable goods
Services
Structures

„

Change in business inventories
Durable goods
Nondurable goods

do..
do_.
do_.
do_.
do..
do..

971.5
467.0
183.0
284.0
409.2
95.4

do_
do..
do_

4.9
1.9
3.0

3.6
1.1
2.5

5.9
5.2
.8

1.5
1.0
.5

6.3
1.6
4.7

6.2
6.0
.2

5.7
-.9
6.6

4.9
3.7
1.2

6.6
3.6
3.1

1.3
-1.0
2.3

1.7
-1.9
3.5

.4
.4
.0

5.0
3.0
2.1

8.0
5.4
2.6

10.3
11.9
-1.6

722.1

741.7

789.5

720.4

723.2

726.8

718.0

731.9

737.9

742.5

754.5

766.5

783.9

796.1

811.6

827.3

GNP in constant (1958) dollarsf

Gross national product, totalf
Personal consumption expenditures, total
Durable goods
Nondurable goods
Services
Gross private domestic investment, total

bil. $ . .
do

477.0

495.4

524.6

474.1

476.9

480.2

476.5

488.2

493.0

497.4

503.2

511.0

520.9

528.7

537.8

550.3

do..
do_
do.

83.1
207.0
186.8

92.1
211.1
192.2

102.8
220.5
201.3

83.8
204.4
185.9

84.7
206.0
186.2

84.9
207.7
187.6

78.9
209.9
187.8

88.8
210.0
189.3

90.0
211.2
191.8

94.2
210.5
192.8

95.4
212.8
195.0

98.6
214.7
197.7

100.7
220.1
200.0

104.5
221.9
202.3

107.4
225.4
205.0

115.4
228.8
206.2

do

104.0

108.6

124.0

102.0

105.6

106.2

102.2

105.0

110.0

107.3

112.0

116.6

122.0

125.5

132.0

134.1

Fixed investment
Nonresidential
_
Residential structures
Change in business inventories

do
do
do
do

99.9
77.6
22.3
4.1

105.9
76.8
29.1
2.6

119.4
84.4
35.0
4.6

101.0
78.8
22.2
.9

100.0
78.9
21.1
5.6

101.3
79.3
22.0
4.9

97.4
73.6
23.9
4.8

101.2
75.3
25.9
3.8

104.7
76.4
28.3
5.3

106.6
76.4
30.1
.7

111.3
79.2
32.1
.7

116.3
82.2
34.2
.3

118.0
83.6
34.4
3.9

119.3
84.2
35.1
6.2

124.0
87.6
36.4
8.0

129.1
'91.7
'37.4

Net exports of goods and services

do

2.2

.1

—1.9

2.0

2.9

1.9

2.7

.1

-1.8

-3.3

—2.8

-.7

-.9

Govt. purchases of goods and services, total, .do
137.6
139.0
142.8
142.4
138.6
Federal
>_
do..
60.8
64.7
61.6
69.0
64.8
State and local
^do_.
76.8
74.3
81.3
73.5
73.8
' Revised.
» Preliminary.
t Revised series. Estimates of national income and product and personal income have been revised back to 1969 (see p. 16ff.of July 1972 SURVEY);
revisions prior to May 1971 for personal income appear on pp. 25-26 of the July 1972

137.5
62.9
74.6

137.3
62.1
75.1

136.1
60.2
75.9

137.6
61.0
76.7

141.1
62.3
78.8

142.2
62.8
79.4

143.9
63.7
80.3

142.6
60.8
81.8

142.7
59.0
83.6

1.9

-.7
135.7
59.7
76.0

9 Includes data not shown separately.

SURVEY.




S-l

' 4.9
'0

142.9
'58.0
'84.9

SURVEY OF CURRENT

S-2
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown in
the 1971 edition of BUSINESS STATISTICS

1970

1971

1970

! 1972
II

Annual total

May 1973

III

1971
IV

I

II

1972
III

IV

I

II

1973
III

IV

I

II

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT—Con.
Quarterly Data Seasonally Adjusted at Annual Rates
National income, totalf
bil. $..
Compensation of employees, totalf
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

798.6

855.7

935.6

796.7

806.3

804.1

834.5

851.4

860.8

876.2

903.1

do.

603.8

644.1

705. 3

600.7

609.0

611.2

628.6

639.6

648.0

660.4

682.7

do..
do..
do.
do..
do..
do..
do..
do_.
_do..

541.9
426.8
19.6
95.5
61.9
66.8
49.9
16.9
23.3

573.5
449.7
19.4
104.4
70.7
70.0
52.6
17.3
24.5

626.5
491.9
20.6
114.0
78.8
75.2
55.6
19.6
25.6

539.5
425.1
19.6
94.7
61.2
67.1
50.0
17.1
23.2

546.1
430.0
19.4
96.7
62.8
66.6
50.1
16.5
23.4

547.2
429. 7
19.0
98.5
63.9
65.8
49.9
15.9
23.8

560.4
439.3
19.8
101.3
68.2
68.1
51.3
16.8
23.9

569.6
447.0
19.4
103.3
70.0
69.3
52.4
16.9
24.4

576.5
451.6
18.8
106.0
71.5
70.7
53.1
17.6
24.8

587.3
460.9
19.4
107.0
73.0
71.8
53.8
18.1
25.0

606.6
475.8
20.8
110.0
76.1
73.3
54.3
19.1
25.2

620.0
487.1
20.5
112.4
77.8
73.2
54.4
18.7
24.2

69.9

78.6

88.2

71.5

72.0

66.9

76.6

80.1

78.3

79.4

81.8

86.1

95.6

P99.0

14.5
55.4
27.7
16.7
11.0

16.7
61.9
30.9
16.8
14.1

17.9
70.3
37.9
19.0
18.9

14.0
57.5
29.9
17.0
13.0

15.0
57.0
28.9
17.2
11.7

16.1
50.8
22.6
16.4
6.2

16.6
59.9
30.9
16.6
14.3

16.4
63.7
31.2
16.8
14.4

17.0
61.3
30.1
16.9
13.3

16.6
62.7
31.2
16.9
14.3

16.5
65.2
35.4
17.7
17.7

17.5
68.5
37.0
17.6
19.4

18.3
71.3
37.9
19.5
18.4

19.3
76.3
41.3
21.3
19.9

p 19.9
v 79.1

7.6
20.1

8.2
22.9

9.0
23.4

7.4
20.1

7.8
20.3

7.2
20.9

7.8
21.2

8.8
23.7

8.5
22.6

7.6
23.9

7.8
22.0

22.8

9.6
23.8

9.9
25.1

74.3
34.1
40.2
24.8
15.4
-4.4
34.8

83.3
37.3
45.9
25.4
20.5
-4.7
38.5

94.3
41.3
53.0
28.4
26.6
—6.0
41.3

75.2
34.6
40.6
24.7
15.8
-3.7
34.2

76.6
35.4
41.2
24.9
16.3
-4.6
35.3

69.6
32.2
37.4
24.7
12.7
-2.8
36.5

81.3
38.0
43.2
25.5
17.7
-4.7
37.3

84.5
38.6
45.8
25.4
20.4
-4.4
38.1

84.1
37.5
46.6
25.5
21.0
-5.8
39.1

83.2
35.3
48.0
25.2
22.7
-3.9
39.7

88.2
38.8
49.5
26.0
23.5
-6.5
40.1

91.6
40.1
51.5
26.2
25.3
-5.5
40.9

95.7
41.8
53.9
26.5
27.3
-6.1
41.7

101.5
44.3
57.2
26.7
30.5
—5.9
42.5

806.3
116.7
689. 5
634.7
54.9

861.4
117.0
744.4
683.4
60.9

935. 9
140.8
795.1
740.2
54.8

806.1
119.0
687.2
631.2
55.9

813.4
114.3
699.1
641.1
58.0

819.8
115.8
704.0
644.8
59.2

838.0
112.3
725.7
666.4
59.3

858.1
115.2
742.9
678.8
64.1

867.9
117.5
750.4
689.4
61.0

881.5
123.0
758.5
699. 2
59.3

907.0
136.5
770.5
714.9
55.7

922.1
139.5
782.6
732.5
50.1

141.1
798. 8
748.0
50.8

974.6
146.4
828. 2
765.5
62.8

79.71
31.95
15.80
16.15

81.21
29. 99
14.15
15.84

88.44
31.35
15.64
15.72

20.33
8.15
4.08
4.07

20.26
7.99
3.87
4.12

21.66
8.66
4.26
4.40

17.68
6.69
3.11
3.58

20.60
7.55
3.52
4.03

20.14
7.31
3.40
3.91

22.79
8.44
4.12
4.32

19.38
6.61
3.29
3.32

22.01
7.63
3.71
3.92

21.86
7.74
3.86
3.87

25.20
9.38
4.77
4.61

121. 56
7.90
3.91
3.99

25. 27
9.33
4.69
4.64

47.76

51.22
2.16
1.67
1.88
1.38
15.30
12. 86
2.44
10.77
18.05

57.09

12.18
.47
.47
.80
.31
3.28
2.59
.69
2.59
126

12.27

12.99

3.58
2.79
.78
2.56
4.16

3.74
3.12
.63
2.81
4.42

13.06
.54
.47
.60
.36
3.83
3 20
.63
2,81
4.44

12.83
.55
.42
.39
.37
4.07
3.35
.71
2.62
4.42

14.35
.59
.45
.56
.37
4.29
3.60
.69
2.84
5.26

12.77
.58
.48
.50
.32
3.63
3.19
.44
2.72
4.55

14.38
.61
.48
.73
.39
4.24
3.61
.62
2.95
4.98

.72
2.84
4.97

15.83
.63
.47
.63
.40
4.74
4.01
.73
3.39
5.57

13.66
.61
.45
.54
.35
3.93
3.45
.48

15.94

.50
.43
.76
.33

10.99
.49
.34
.34
.28
3.11
2.70
.41
2.50
3.94

14.12

.46
.46
.74
.30

2 7.77

2 8.89

do
do
do
do

80.22
32.43
16.32
16.11

81.88
32.15
15.74
16.40

78.63
30.98
14.92
16.05

79.32
30.46
14.21
16.25

81.61
30.12
14. 06
16.06

80.75
29.19
13.76
15.43

83.18
30.35
14.61
15.74

86.79
30.09
15.06
15.02

87.12
30.37
14.77
15.60

87.67
30.98
15.67
15.31

91.94
33.64
16.86
16.78

i 96.74
35.98
17.88
18.10

100.13
37.13
18. 70
18.43

do.
do.
do.
do.
do_
do
do.
do.
do.
do.

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

47.66

48.86
2.04
1.46
1.29
1.33
14.64
12.16
2.48
10.70
17.39

51.50
2. OS
1.88
2. 28
1 40
14.91
12.61
2.30
11.21
17. 72

51.56
2.23
1.72
1.68
1.48
15.87
13.56
2.30
10.73
17.85

52. 82
2.30
1.64
2.26
1.33
15.74
13.01
2.74
10.44
19.10

56.70
2.42
2.10
1.96
1.48
16.92
14.27
2.65
11.71
20.10

56.75
2.38
1.88
2.89
1.53
16.60
14.32
2.27
11.59
19.88

56.70
2.40
1.50
2.67
1.41
17.01
14.62
2.38
11.56
20.16

58.30

60.75
2.54
2.08
2.12
1.66
18.36
15.43
2.93

63.00

1.94
1.56
3.08
1.22
13.68
11.20
2.48
10.20
15.97

15,762
10,565

15,932
10,705

15,805
10,462

15,767
9,583

17,626
11,659

17,436
11,561

441

329

436

16,434
10,872
510

16,770 17,181
10, 805 11,527

1,478

66,150 ' 73,546
42, 787 ' 48,840
1,922 p 1,166

11,426
8,004

12, 898 > 13,792
8,543 p 9,749

2,779
1,977

2,863
2,035

2,850
2,057

2, 937
2,116

Corporate profits and inventory valuation adjustment, total
bil. $..
By broad industry groups:
Financial institutions
do
Nonfinancial corporations, total
do
Manufacturing, total
do
Nondurable goods industries
__do
Durable goods industries
do
Transportation, communication, and public
utilities
bil. $..
All other industries
do
Corporate profits before tax, total
___do
Corporate profits tax liability
do
Corporate profits after tax
do
Dividends
_
do
Undistributed profits
do
Inventory valuation adjustment
do
Net interest
do
DISPOSITION OF PERSONAL INCOME f
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:
All industries.
bil. $..
Manufacturing
...do
Durable goods industries 1
do
Nondurable goods industries t
do
Nonmanufacturing
Mining
Railroad
A ir transportation
Other transportation
Public utilities.
Electric
Gas and other
Communication
Commercial and other
Seas. adj. qtrly. totals at annual rates:
All industries
Manufacturing
Durable goods industries f
Nondurable goods industries 1
Nonmanufacturing
Mining
Railroad
Air transportation
0ther transportation
Public utilities
.
Electric.
Gas and other
Communication
Ccmmercial and other

.do
do
do
do
do
do
do
do
do
do

BALANCE OF INTERNATIONAL
PAYMENTSc?
Quarterly Data Are Seasonally Adjusted
(Credits + ; debits - )
Exports of goods and services (excl. transfers under
military grants)
mil. $..
Merchandise, adjusted, excl. military
do
Transfers under U.S. military agency sales contracts
mil. $..
Receipts of income on U.S. investments
abroad
mil. $..
Other services
do

1.89
1.78
3.03
1.23
13.14
10.65
2.49
10.10
16.59

2.42
1.80
2.46
1.46
17.00
14.48
2.52
11.89
20.07

922.1

943.0

974.2 "1,007.1

710.2

730.3

' 757.0

630.6
494.8
20.4
115.4
79.6
75.3
56.2
19.1
26.2

648.8
510.0
20.6
118.1
81.5
79.0
57.4
21.6
26.9

' 668.1
' 524.6
21.8
121.6
88.9
81.2
58.7
22.5
26.5

.38
.61
.35
4.39
3.67

2.46
1.71
2.33
1.42
17.53
14.67
2.86
12.63
20. 21

p113.1
J>50.8
P62.3
f
27.3
P35.0
-14.1
43.4

r

993.9

143.5
' 850.4
793.9
'56.5

.67
.45
.74
.44
4.74
4.02
.72

2.62
1.79
2.94
1.70
18.56
15.95
2.61

2 33.98 2 35.38

U.S.

Imports of goods and services
do
Merchandise, adjusted, excl. military
do . . .
Direct defense expenditures
do
Payments of income on foreign investments in the
U.S
....mil. $..
Other services
do

62,870
41, 963

-59,307
-39, 799
-4,852

-65,400 '-77,765 -14,795 -14,943 -15.093
-45,453 '-55,656 -9,831 - 9 , 968 -10.261'
-4,816 ' - 4 , 7 0 7 -1,259 -1,210 -1,203

-5,167
-9,491

-4,903 ' - 5 , 8 9 1 - 1 , 322 -1,284
-10,227 •-11,513 -2,383 -2,481

516
3,297
2,152

3,015
2,165

423

334

281

3,651
2,110

3,266
2,367

3,205
2,389

18,471 v 20,014
12, 380 v 13,240 '15,343
251
3,424 P3,898
2,416 v 2,577

-16,612 -17,005 -16,344 -18,929 -18,836 -19,335 '-20,67'
10,727 -11,635 -11,914 -11,117 -13,490 -13.338 13,901 p-14,92 p-16,261
1,175 -1,214 -1,198 -1,230 -1,218 -1,239 -1,101 p-1,149

-1,217 -1,139 -1,106 -1,304 -1,356 -1,387 -1,417 -1,503
-2,404 -2, 402 -2,597 -2,589 -2,641 -2,831 -2,812 - 2 , 826
967
712
Balance on goods and services, t o t a l . . .
do . . .
3,563
750 |*-4,21S
992
158
176 I -577 -1,303 -1,400
-864 *>-656 * -350
734
737
193
145 ' -890 -387 '-1,534 -1,831 -1,777 -1,525 »—1,68b P - 9 1 8
Merchandise, adjusted, excl. military
do
2,164 -2,666 ! p -6,816
r
Revised.
p Preliminary.
i Estimates (corrected for systematic biases) for Jan.consumers, and personal transfer payments to foreigners.
Mar. and Apr.-June 1973 based on expected capital expenditures of business.
Expected
§ Personal saving is excess of disposable income over personal outlays.
2
expenditures for the year 1973 appear on p. 21 of the Mar. 1973 SURVEY.
Includes com1[Data for individual durable and nondurable goods industries components appaar in the
Digitized munication.
for FRASER tSee corresponding note on p. S-l.
9 Includes inventory valuation adjustMar.. June, Sept., and Dec. issue? of the SURVEY.
cfMore complete details appear in the
ment.
©
Personal
outlays
comprise
personal
consumption
expenditures,
interest
paid
by
quarterly
reviews in the Mar., June, Sept., and Dec. issues of the SURVEY.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

SURVEY OF CURRENT BUSINESS

May 1978

1971

1970

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown in
t h e 1971 edition of B U S I N E S S S T A T I S T I C S

1970

1972
II

Annual total

|

TIE

S-3

1971
IV

II

I

1972
III

IV

I

II

1973
III

IV v

II

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
U.S. BALANCE OF INTERNATIONAL
PAYMENTS—Con.
Quarterly Data Are Seasonally Adjusted
Unilateral transactions (excl. military grants), net
mil. $ . . -3,207 —3,574 I —3,764
356 —2,824 —7,983
Balance on current account
do
Long-term capital, n e t :
- 2 , 0 1 8 I —2,378 —1,367
U.S. Government
do
- 1 , 3 9 8 ! —4,079
107
Private
do
Balance, on current account and long-term capital
mil. $ . . -3,059 j —9,281 —9,243
Nonliquid short-term private capital flows, net
- 4 8 2 I —2 386 —1,634
mil. $ . .
867 I
717 I
710
Allocation of special drawing rights ( S D R ) . . . d o
- 1 , 1 7 4 | —11,054 I —3,806
Errors and omissions, net
do
Net liquidity balance
do
Liquid private capital flows, net
do
Official reserve transactions balance
do
Changes in liabilities to foreign official agencies:
Liquid
mil. $..
Other readily m a r k e t a b l e
do
Nonliquid
do
Changes in U . S . official reserve assets, net . d o
1
Gross liquidity balance , excluding S D R
do

-846 ! -946

-688 i

— 992

- 7 7 0-1,569

-558
- 1 , 6 0 5 !-1,883

-533
330

-3,211

-1,772

-990
-2,293
-343
-1,081 j

-918
-2,318
-95
750

-906
-950
—1,770 - 1 , 6 0 6
-322
-254

-607
690

-3,717 | -1,663

-2,346 - 1 , 5 2 3

-315 i -883
-654
179 !
179
179
2,708 j -5,465 j -2,082

-507 -1,211
177
177
-1,825 - 1 , 6 0 8

- 3 , 8 5 1 !—22,002 |'-13,909
- 5 , 9 8 8 I —7,763 ! '3,578
- 9 , 8 3 9 —29,765 f-10,331

5,721
-745
6,466

-4,501 '-4,100 -6,801
- 1 7 3 ' 2,484 - 3 , 4 2 6
-4,674 '-1,616 -10,227

' 9,710
400
189
32
-15,825

5,975
-160
-8
659
•5,805

-508
592
178 I
178
942 ! -1.314
I
;-f' W) 1-4,329
-3,105 | -2,207
;-. .551 !-1,619
-119
1,386
I - 1 1 , 9311-5, 948 -3,224 I - 8 2 1
|
I 10,919 I 5,774
2,294 j 1,027
| -173
-5
221 |
27
j
-9
366
280 i
-2
i 1,194
187
429 | - 2 3 1
i—10,114 —4,848 -3,956 I -2,188

7, 637
-810
535
2,477
-4,466

I 27,615
|
—539
I
341
i
2,348
—23,791

1971

1972

-2,877

4,617 '1,776
8,830
1,201
34
118
-24
78
-167
220
—55
-111
-5,291 ' -4,391 - 8 , 3 5 6
I

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes a r e a s shown in
the 1971 edition of B U S I N E S S S T A T I S T I C S

1972
Mar.

Annual

Apr.

May

Juno

•Tuly

1973
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Mar.

Feb.

Apr. v

GENERAL BUSINESS INDICATORS—Monthly Scries
PERSONAL INCOME. BY SOURCE f
Seasonally adjusted, at annual rates:
Total personal income

I

I
bil. $__ \ 861.4

935. 9

913.6

919.4 '

924.0

922. 9

932.9 i 940.0 ! 946.8

901. 8

976. 2

982. 9

986. 0

994. 5 '1,001.3 1, 008. 9

I 572.9
! 206.1
\ 160.3
138. 2

627. 0
224. 6
175.8
151. 5

612.4
220.1
171.3
148.0

617.6
221.7
173.3
149. 4

619.9
222. 5
173.8
149. 4

624. 0
223. 5
175.0
151. 4

625.7 i
222.4 |
174.5
151.9

630. 6
225.2
176.6
152. 3

636. 0
227. 8
178.8
153.0

643. 0
231.0
181.5
155.0

648. 5
233.3
183.9
150. 3

051.
235.
180.
158.

9
8
2
0

662.7
237.7
187.0
159. 5

668.4
240. 7
189. 5
160.2

do _.
do.__
do __

105.0
123.5
36.5

116.1
134.8
40.3

112.8
131.5
39.1

113.9 ] 114.7
132.5
133.2
39.5 I 39.8

115.5
133.6
40. 1

116.9
134.5
40. 5

117.3
135. 8
40. 8

118.2
137.0
41.1

119.3
137.7
41.4

119.9
139.0
41.8

121.5
139. 7
42.1

123.0
142. 5
42.4

do _
do -.. .

52.6
17.3

55. 6
19.6

54.7
19.5

54.9
19.1

55.3
18.7

53.2
18.4

55.7
18.6

56. 3
19.1

56. 7
19. 5

57.8
22. 0

24.5
25.4
69.6
93.6

25. 6
26.4
72. 9
104.0

25.3
26.0
71.3
100.1

25.5
26.1
72.0
99. 7

25.6
26.3
72. 7
100.9

21.5
26. 3
73.4
101.3

25.8
26. 4
73.5
102. 2

26. o
26. 6
73. 4
102. 8

26. 5
26.5
73.3
103.2

20. 9
20. 8
75.4
113.0

Wage and salary disbursements, total
do
Commodity-producing industries, total.do
Manufacturing
do
Distributive industries
do
Service industries
Government
Other labor income
Proprietors' income:
Business and professional
Farm

Rental income of persons
do
\
Dividends
do ___
Personal interest income
do.__.:
Transfer payments
do ....;
Less personal contributions for social insurance |
bil. $..|

31.2

35.5

34.8

35. 0

35.1

35.3

35.5

35.8 |

837.2

909. 3

887.1

893. 4

898. 3

8!)7. 5

907. 3

914.0 !

Cash receipts from farming, including Government I
payments, total I
mil. $. J 56,208

62, 550

3,875

3,059

3,916 |

58, 550
24, 233
34, 317
7,109
y>
, 7V)9
"\, 231

3,862
1,081
2, 781
614
1,814
334

3, 899
3,538
996
955 ;
2,583 j 2, 903
621
601 I
1,604 I 1,956
304
296

Total nonagricultural income

do

J

FARM INCOME AND MARKETINGS \

I

26.3
'27.4
'76.8
'115.5

26.4
27.6
77.3
116.5

36. 4

36.5

30. 6

42.4

42.7

'42.8

43.2

937. 1

947. 2

953. 9

956. 6

964. 6

971.1

979. 1

5, 820

6, 092

4,691

5,016

5,719

6, 043
2, 769
3, 274
632
2,192
425

4,673
1,575
3, 098
589
2,114
370

' 5,006
'1,432
' 3,544
'656
' 2,381
'480

4,500
1,300
3, 200
650
2,000
500

110
65
144

113
78
140

126
117
134

134 |
118 !
146 !

153
152
153

202
2 IS
107

195
257
148

140

170
180
162

131
103
153

' 141
'95
' 175

125
80
159

79
48
102

84
50
111

107
114
102

109
107
110

118
128
112

102
213
121

158

73
107

120
158
102

126
156
104

86
77
93

'83
' 61
' 100

75
48
94

111.6

113.6

113.4

116.5

109. 2

115.4 ; 120.3

121.3

US. "

116.0

117.2

' 121.7

' 122. 6

123.6

108.3
119.2
126.3
111. 1
93.1

110.2
122.4
138.2
'US. 6
93. 2

108. 5
119.0
132.6
113.2
93. 1

113.3
126.0
133. 5
120.0

106. 3
117.0
92.8 i
107. 1 !
91.4 j

112.7
126.5
107.5
120.2
93.4

11 s. 0
114. 8
132. 7 ! J20. 0
110.3 ! 141.2
120. 3
•»'. i. 0
99. 2

111.0
119.7
123.2
113.9
98. 8

114.1
124.3
138. 5
117.6
9!). 9

' 117.8
'128.4
' 149.1
' 125. 8
' 103. 0

'118.5
'129.6
' 151.6
' 128.9
' 103.0

118.9
130.1
148.0
130.4
103.3

114.5

116.6 i 117.7

118.;;

109.4 I 115.8 i 119.6

122. 1

121.4

120.9

120.6

' 125. 9

' 126. 6

127.9

113.2
107.4
121.5

110.5
105.5
117.8

112.7 ! 112.7
107.5 I 107.6
120.2 I 120.0

115.7
109.4
124.9

107.0 ! 113.5 ! 118.9
100.2 ! 105.1 I 111.9
116.9 I 125.7 128.9

120.
11!.

U S . 1 1 114.8
113 1 ! 1 H . 4
125.4 i 119.7

115.9
112. 8
120.3

' 121.0
r
118.3
' 125. 0

' 122. 7
119.7
' 127. 0

123. 7
120.3
128.6

123.8

120.7

120.4

122.9

124.6 ; 130.0 ; 130.8

120.3 i 123.5

128. 3

' 126. 9

r

124.0

87
61
107

i
I
\

I
i
\

1967 = 100..!
\
do
!
do
j
do
j
do
j
do
j

106.8 j
|
104.7 j
115.7 j
119. 5 j
107.4 \
89.4 j

114.4
111.2
123.1
127.1
116.8
94. 6
116.5

105. 2
99.4 ]
113.5
118.9

2, 900
584
1,980
376

118.7
133. 5
136.5
125. 0
98. 0

2, (.)90
598
1,998

'>, 895
2,821
585
1,780
433

161
188

!
do
do
do
do.

!

120. 0

'Revised.
* Preliminary.
tSee corresponding note on p. S-l.
ISeries revised
1969; monthly data prior to May 1971 appear in the Farm Income Situation, July
Digitized forbeginning
FRASER
1972. available from the U.S. Dept. of Agriculture, Economic Research Service.
9 Inhttp://fraser.stlouisfed.org/
cludes data for items not shown separately.

Federal Reserve Bank of St. Louis

26.6
27.3
76. 2
114.8

0, 909

111
115
107

Mining and utilities

26.8
27.1
75.9
113.3

0, 937
3,911

j
HI j
115 I
107 j

! 107.4

59.5
22.5

7, 270

!
I
!
\

do

59.1
22.8

7. 200
3. SI5
3, 3S5
tilt)
2. 300
397

Indexes of volume of farm marketings, unadjusted: +
All commodities
1967 = 100..
Crops
do
Livestock and products
do...

Materials

58.7
22. 5

5, 435
2. 333
3, 102
577
2,120
387

99 !
62 I
128 !

By industry groupings:
Manufacturing
Durable manufactures
Nondurable manufactures

58.2
22. 2

5, 478

109
70
138

Unadjusted, total index cf
By m a r k e t groupings:
Final products
Consumer goods
Automotive products
Home goods and clothing
Equipment

125.8
145.2
43.3

5, 389

137
131
141

tf

124.7
144.4
43.0

4, 776

124
123
126

INDUSTRIAL PRODUCTION

124. 1
143. 5
42.7

4,500
1,790
2,710
583
1, 706
401

Indexes of cash receipts from marketings and CCC
loans, unadjusted: J
!
All commodities
1907 = 100 . |
Crops
do.__..!
Livestock and products
do
|

Federal Reserve Board Index of Quantity Output

!
I
j
|
!

679. 0
244. \
193.4
163.1

4,050 ; 7,405

53,063
22,609
30,454
6,815
19,390
4,000

do
do
do
do.
do
do

20. 7
20.0
74.5
115.2

873.1
242.0
' 190.3
162.0
r

4, 033
1,190
2, 837
5S6
1,890
335

!
I
!
J
[
I

Farm marketings and CCO loans, total
Crops
Li vestock and products, total 9
Dairy products
Meat animals
Poultry and eggs

36.0

27.0
20 7
73.7
111.6

r

125.1

cfSeries revised back to 1970 1o iv!Uvt new seasonal adjustment factors and production
levels. Monthly revisions are available upon request.

S-4

su

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown in
the 1971 edition of BUSINESS STATISTICS

1971

Y

n u USIJN E S S

(jt (JUi

1972 v

Annual

May 1973
1973

1972

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.p

121.8

123.0

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION*— Continued
Federal Reserve Index of Quantity Output— Con.
1967=100.

106.8

114.4

111.2

112.8

113.2

113.4

113.9

115.1

116.1

117.5

118.5

119.2

119.9

• 121.1

do
d o . -.
do

106.4
104.7
115.7

113.2
111.2
123.1

110.1
108.2
119.6

111.4
109.8
122.0

112.1
110.2
122.2

112.0
110.1
122.1

112.2
110.2
122.0

113.3
111.3
123.1

114.4
112.4
124.4

115.9
113.9
125.5

117.3
115.0
126.8

117.5
115.3
126.7

118.6
116.4
127. 5

119.5
120.0
117. 3 117.9
• 128. 2 • 129.1

121.1
119.2
130.4

Durable consumer goods
Automotive products
Autos
Auto parts and allied goods

do..
do.
do.
do.

115.1
119.5
108.3
140.9

125.5
127.1
112.7
154.9

118.9
119.3
104.6
147.5

125.9
128.9
114.3
157.0

125.2
127.4
111.3
158.3

123.0
125.7
108.2
159.3

123.9
124.7
108.2
158.9

125.8
127.1
109.5
160.9

125.4
124.8
109.6
153.9

128.3
130.3
116.9
156.1

130.7
137.5
126.6
158.6

133.9
142.0
133.9
158.0

134. 6
134, 9
126.0
151. 9

137. 3 139. 7
• 140. 3 • 142. 9
131.5
130.8
• 157. 4 • 166. 2

141.1
142.6
128.1
170.5

Home goods 9
Appliances, T V , and radios
Carpeting and furniture

do.
do.
do.

112.6
111.5
117.2

124.5
124.7
132.7

118.7
115.1
127.1

124.2
132.2
131.3

124.3
129.3
132.0

126.1
125.9
134.0

123.5
121.6
132.6

125.1
119.7
138.4

125. 7
123.1
134.5

127.2
124.0
137.6

125.9
121.8
137.6

129.1
133.0
139.0

134. 5
140. 7
142.1

135. 7 • 137. 8
• 138. 6 143.3
144.7
143.7

139.4

Nondurable consumer goods
Clothing
Consumer staples
Consumer foods and tobacco
Nonfood staples

do.
do.
do.
do.
do.

115.9
101.4
119.8
113.6
126.3

122.2
107.9
126.0
117.3
135.2

119.9
105.0
123.9
116.3
132.0

120.5
105.0
124.6
116.8
132.8

121.0
106.2
124.9
117.2
133.1

120.6
106.8
124.3
116.8
132.2

121.3
108.0
124.8
116.4
133.6

122.1
109.1
125.5
117.6
133.8

123.9
110.0
127.6
118.5
137.2

124. 5
110.3
128.2
118.5
138. 3

125.3
110.4
129.2
120.3
138.6

123.9
109.0
127.8
117.7
138.2

124. 8
108.0
129. 2
118.2
140.7

• 124. 8
109.9
128.7
119.2
138. 7

125. 2

126.3

128. 9
118.7
139. 7

130.3
119.2
142.0

Equipment
do.
Business equipment
do_
Industrial equipment 9
do.
Building and mining equipment.do.
Manufacturing equipment
do.

89.4
96.8
92.9
92.9
82.6

94.6
104.5
99.6
102.0
89.1

92.4
101.3
96.3
101.2
84.5

92.7
101.3
95.7
98.4
84.9

93.4
102.5
96.3
97.0
85.9

93.3
102. 4
97.2
98.3
86.7

93.4
102.1
93.7
98.0
87.1

94.8
105.0
99.9
104.8
89.4

95.8
106.7
102.8
105.7
92.6

97.3
108.5
103.7
105.4
94.0

98.5
110.1
105.8
104.2
96.9

99.4
111.1
107.3
108.0
98.5

101.0
114.2
109.0
108.6
100.9

102. 2
• 115. 4
• 109. 9
109. 2
101.9

102.3
116.0
111.0
110.5
103. 0

103.5
117.2
112.3
111.5
104.6

Commercial, transit, farm e q 9 - - - d o .
Commercial equipment
do.
Transit equipment
do.

101.2
110.0
89.4

110.0
117.9
96.7

107.0
114.7
95.4

107.6
114.1
97.0

109.6
116.4
98.9

108.4
116.7
94.4

108.3
117.3
92.5

110.7
120.0
93.0

111.2
121.5
93.1

113.8
122. 7
96.8

115.3
123.2
101.9

115.4
122.6
101.7

120.0
126. 3
110.0

• 121.9 121.7
• 129. 0 • 129.9
• 111.8 110. 3

122.8
130.7
110.0

Seasonally adjusted, total index*
By market groupings:*
Products, total
Final products
Consumer goods

do

77.1

78.1

77.6

78.5

78.2

78.9

77.9

77.7

78.6

79.3

80.1

r 79. 1

'80.3

do.
do.
do.

112.6
112.6
112.6

120.4
119.5
121.1

117.3
115.9
118.5

117.3
116.5
118.0

119.3
118.0
120.4

119.1
117.8
120. 2

120.5
119.8
121.1

121.2
119.3
122.8

121.7
120.6
122.6

123.4
123.1
123. 6

125.9
126.1
125.6

125.7
124.6
126.7

126.5
125. 9
127. 0

• 127. 7
127.2
• 128. 2

127. 5
127. 0
127.9

128.3
128.3

Materials
do.
Durablc goods materials9
do.
Consumer durable parts
do.
Equipment pa its
do_
Nondurable. goods materials 9
do
Textile, paper, and chem. materials. _do.
Fuel and power, industrial
do.

107.4
101.7
104.2
87.1
114.1
116.6
116.3

116. 5
112.3
113 2
97.1
121.7
128.1
120.9

113.1
107.8
110.2
91.0
119. 8
125.0
118.9

115.0
110.4
113.8
95.4
120. 6
125. 9
121.6

115.6
111.1
112.0
95.3
121.3
127.1
120.7

116.1
111.1
112.1
95.3
122. 5
128. 5
121. 7

116.8
111.5
111.4
98.2
123. 3
130.1
123. 5

117.4
112.6
114.0
97.8
123.7
131.1
121.5

119.1
116.0
116.3
100.7
122.7
129.2
125.0

120.3
117.4
116.6
102.6
123. 9
130.7
124.3

120.6
117.7
115.8
103.6
124. 4
132.7
122.5

122.0
120.1
118.0
105.7
125.5
134.8
118.7

121.7
120.1
120. 8
104.3
124.3
133.0
120.7

124. 7
123.9
• 122. 6 123. 5
' 122. 7 • 124. 9
• 107. 5 109.1
' 126.1 • 126. 8
• 134. 8 137. 0
• 123. 2 124. 2

126.3
125.4
126.5
111.5
128.0
138.0
124.1

dodo.
do.
do.
do.
do.
do.

105.2
99.4
104.0
100.9
96.6
108.7
107.5

113.2
107.4
113. 2
113.1
107.1
123.9
113.4

109.7
103.4
107.4
105.1
98.8
116.6
110.1

111.8
105.8
110.4
110.2
105.5
118.6
110.8

112.3
106.3
112.7
113.5
108.3
121.6
111.9

112.5
105.8
112.1
111.9
104. 9
122. 5
112.3

113.2
107.7
114.5
114.9
107.7
122.8
114.1

114.1
108.4
114.0
113.6
107.3
124.0
114.4

115.2
109.7
116.3
117.4
113.4
128. 9
115.2

116.6
111.4
118.4
119. 3
114.1
128.6
117.5

117.4
112.4
119. 6
120.2
114.3
133.1
118.8

118. 5
114.1
122.8
126.6
117.4
147.2
118.6

118.9
114.3
120.2
120.6
114.2
132. 8
119. 9

120.6
116.2
• 122.4
-122. 4
119.3
" 127. 7
• 122. 5

121.5
116.9
123.1
122. 7
119.1
129. 0
123. 6

122.8
118.6
125.3
125.7
122.0

do.
do.
do.
do.

94.9
96.2
94.3
98.3

102.2
105.3
103.3
107.6

98.4
100.3
97.6
103.3

101.1
102.6
98.6
107.1

101.0
103.0
100.4
105. 9

101.6
104.8
101.8
108.0

102.1
104.8
102.9
107.1

103.1
107.1
106.1
108.1

104.2
108.3
107.0
109.7

107.0
110.4
110.6
110.2

108.7
113.1
110.5
116.0

109. 5
113.7
112.3
115.2

110.9
- 114.3
' 112. 9
'116.0

111.8
115.9
114.0
118.2

113.4
117.7
115.5
120.0

do.
do.
do.
do.

92.9
114.1
72.5
108.5

98.8
122.8
75.8
118.8

95.9
118.8
73.9
114.2

100.4
125.6
76.1
116.1

98. 9
122. 6
76.1
117.3

97.4
119.3
76.4
119.3

98.2
121.4
75.9
119.9

98.4
121.6
76.0
120. 9

99.8
123.0
77.3
122. 4

105.7
io:». 6
105. 8
110.4
102. 1
127.6
77.5
122. 9

105.0
132.0
79.0
123.3

105.9
135.3
77.6
122.6

110.3
141.0
'80.8
130. 8

111.2
140. 9
82.6
135.1

Lumber, clay, and glass
Lumber and products
Clay, glass, and stone products

do.
do.
do.

111.5
113.9
110.0

119. 4
122.2
117.7

118.1
119.6
117.2

118.1
119,9
117.1

118.2
119. 1
117.5

119.0
121. 8
117.4

119.1
121. 5
117.7

119.6
121.1
118.7

120.5
122. 8
119.1

123. 0
128. 1
120.0

122.8
128.2
119. 7

120.9
124.3
118.9

106. 7 r 110.0
141.5
137. 4
77.1 ' 79. 7
127.2 - 129. 2
' 122. 2 '127.2
126. 8 • 128. 5
119. 5 ' 126. 4

126. 4
128. 7
125. 0

127.3

Furniture and miscellaneous
Furniture and
fixtures
Miscellaneous manufactures

do.
do.
do -

111.7
102.1
120.5

122.6
113.2
131.1

118.4
108.7
127.2

119.9
111.7
127.4

120.6
110.7
129. 6

122. 1
112.8
130.6

123.7
115.5
131.0

126.7
117.6
135.1

126.6
116.7
135.6

126. 2
116.1
135.4

126.2
117.4
134.0

127.0
118.5
134.5

130. 3 ' 132. 5
119.1 • 122. 3
140. 5 • 142.1

133.1
123.0
142. 6

135.2

Nondurable manufactures
Textiles, apparel, and leather
Textile mill products
Apparel products
Leather products

do.
do.
do.
do.
do.

113.6
100.7
108.6
97.8
87.4

121.5
106.4
114.7
104.4
88.5

118.8
103.7
110. 9
102.7
85.4

120.3
106.1
113.5
103.3
94.4

120.8
104. 9
112.8
102. 8
89. 2

121.3
105. 9
113.9
103.0
92.2

121.0
104.8
112.7
102.2
90.2

122.6
106.8
116.5
104.3
86.5

123.3
108.0
116.6
105.5
91.6

12-1.3
10'.). 1
118.5
106. 8
88.5

124.7
109.1
118.4
109.3
80.1

125.0
110.7
119.9
109.5
87.4

125. 4 • 126. 9
107.7 ' 109. 7
• 118.4 119.9
106. 0 108.0
81.3 ' 8 5 . 1

128. 2
111.5
121.1

128.8
113.2

Paper and printing
Paper and products
Printing and publishing

do.
do.
do.

107.8
115.8
102.5

115.4
126.6
107. 9

112.6
122.5
105. 9

112.3
124. 4
104.2

114.1
127. 2
105.3

115.1
126.7
107.3

115.2
126. 9
107.2

116.4
127.8
108.7

115.3
124.1
109. 4

118.6
127. 9
112.4

120. 9
133.3
112.6

120.6
134.4
111.3

121.8
136.4
112. 2

121.3

Chemicals, petroleum, and rubber
Chemicnls and products
Petroleum products
Rubber and plastics products

do.
do.
do.
do.

124.8
126.4
115.7
126.0

137.6
139.3
120.2
145.5

133.4
135.7
117.9
138.1

136.1
137.9
117.0
144.7

137.5
138. 9
119.5
146.5

137. 1
131). 5
117.3
145.0

137.4
139. 5
119.5
144.1

139.9
141.3
120.4
150.4

141.1
143.4
120.7
149. 6

141.6
143.8
124. 1
118. 2

140.6
141.5
123.4
151.3

141.5
141.5
124.8
154.4

• 145. 2 ' 145. 6
145.4 • 146. 2
125.0
129.0
156. 7 • 160.1

148. 6
150.1
124. 4
162.6

149.8
150.6

Foods and tobacco
Foods
Tobacco products

do.
do.
do-

113.7
114.9
97.7

117.4
118.4
103.7

116.3
117.5
101. 9

117.6
118.6
103. 9

117.1
118.5
99.1

117.6
119.3
93.4

116.8
118.3
96.7

117.6
118.3
108.5

118.8
120.0
103.0

117.8
118.2
111.8

118.9
119.4
112.5

118.3
119.5
120.5

118.2
119.0
107. 9

' 120. 3
121.0
110.3

119.7
120. 5

120.3
121. 2

do.
do.
do.
do.
do.
do.
do.
do.

118.9
107.0
121.4
93.2
107.6
99.8
108.9
108.3

123.8
108.2
120.8
94.0
109.1
103.2
110.0
107.3

122. 3
108.5
131.0
92.7
108.6
104.1
109. 3
106. 9

122. 9
109.0
122.2
92 6
110.0
112.9
109. 6
108.1

122.6
107. 9
110.7
91.7
109. 9
105.0
110.7
109. 5

122. 7
108. 2
102. 9
97.4
110.5
109. 1
110.7
108. 9

123. 2
107. 9
102. 2
91.6
111.0
114.4
110.5
107.4

123. 8
107.7
115.2
91.4
109.3
97.2
111.2
107.8

125. 9
110.2
123. 4
94.9
111.1
104.2
112.1
108.0

126. 2
100.0
122. 3
95.2
110.9
9;). 3
112.7
108. 7

127.2
110.1
136.7
97.0
109. 2
101.0
110.5
108.1

126.2
108.3
141.8
96. 0
106.8
97.1
108.2
106.5

127. 7
103. 4
138. 8
98. 4
106. 9
95.8
108.6
104.8

127.5
107.1

do do.
do-

133.9
138.1
119.8

143.5
149.4
123. 8

139.7
144.8

140.2
145.6

141.1
147.1

141.0
140.8

142. 5
148. 6

144.1
150.2

145.6
152.0

146. 6
152. 8

148.7
155.2

148.6
155.2

151.9
159.1

127.4 • 126. 9
•109.1 • 107. 8
• 140. 8 136. 9
97.7
99.1 • 106.
4
• 107. 7 106.0
101.9
106. 5
• 108. 2 101.9
103.5
150. 4 150. 9
157. 6
156. 9

Defense and space equipment
Intermediate products
Construction products
Misc. intermediate products

By industry groupings:*
Manufacturing, total
Durable manufactures
Primary and fabricated metals
Primary metals
Iron and steel
Nonferrous metals
Fabricated metal products
Machinery and allied goods 9
Machinery
Nonelectrical machinery
Electrical machinery
Transportation equipment
Motor vehicles and parts
Aerospace and misc. trans, eq
Instruments

Mining and utilities
Mining
Metal mining
Stone and earth minerals
Coal, oil and gas
Coal
Oil and gas extraction
Crude oil
Utilitics.
Electric
Gas
' Revised.

* Preliminary.

9 Includes
data for items not shown separately.
t Revised d a t a for 1966-71 for the indiDigitizedcated
for
FRASER
series appear on p p . 24-25 of the Oct. 1972 S U R V E Y .
See also notes m a r k e d " * " on p p .
S - l l and S-12.


*See note marked "cf1" on p . S-3.

119.9
132.4
111.5

121.9
135.0
113.0

80.7

125.0

112.8

106.6
100.4
107.6
153.0
160.2

S-5

SUKVEY OF CURRENT BUSINESS

May 1973
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown in
the 1971 edition of B U S I N E S S STATISTICS

Annual

1973

1972

1972

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Feb.

Jan.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES §
Mfg. and trade sales (unadj.), total f--

mil. $._

Mfg. and trade sales (seas, adj.), total f
Manufacturing, total t
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
BUSINESS INVENTORIES!

1,343,166 1,494,851 123,538 120,449

do

11,343,166 '1,494,851 120,669

do
do
do
do
do
do
do
do
do

1666,959
358,637
308,322

61,413
33,705
27,708

61,231
33,129
28,102

61,635
33,825
27,810

63,352
34,710
28,642

63,903
35,037
28,866

64,725
36,086
28,639

66,553
36,750
29,803

66,387
36,378
30,009

68, 299
38, 056
30, 243

69,123
38,336
30,787

69,778
38,394
31,384

L 408,850 448,379
131,814 149,659

298,720

36,450
12,087
24,363

36,296
11,976
24,320

37,141
12,280
24,861

36,822
12,253
24,569

37,342
12,468
24,874

37,969
12,842
25,127

37, 746 39,106
12,614 13,168
25,132 25,938

38,713
13,173
25,540

39,417
13,640
25,777

40, 707
14, 234
26, 473

41,242
14,405
26,837

41,939
14,628
27,311

267, 357 L298,199
122, 420 138,446
144, 937 159,753

23,884
11,157
12,727

24,170
11,246
12,924

24,260
11,256
13,004

24,230
11,248
12,982

24,394
11,326
13,068

25,137
11,802
13,335

25,407
11,918
13,489

25,779
12,016
13,763

26,212
12,155
14,057

26,962 27, 755
12, 546 12, 974
14,416 14, 781

28,423
13,181
15,242

29,115
13,573
15,542

277,036
[

Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubl~er and plastics products
Shipments (seas, adj.), totalt
By industry group:
Durable goods industries, total91
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
Nonferrous metals
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products

.

191,823 185,469 186,896 187,745 187,014 186,141 186,243

188,024 191, 641 194,330 191,823 194,287 197,294 200,368

193,479 184,263 184,816 185,953 186,439 186,884 188,409

189,759 190,974 192,318 193, 479 195,657 197,504 198,889

107,047 102,450 102,428
70,144 66,604 66, 575
36,903 35, 846 35, 853
54,700 52,639 52,814
24,442 23,674 23, 740
30, 258 28,965 29,074
31, 732 29,174 29,574
18,884 17,357 17,542
12,848 11,816 12,032

102,822
67,035
35,787
53,402
23,915
29,487
29,729
17,733
11,996

105,441
68,834
36,607
53, 661
23, 608
30,053
30, 657
18,239
12,418

103,505 103,888
67,427 67,645
36,078 36,243
53,293 52,940
23,665 23,194
29,628 29, 746
29,641 30,056
17,780 18,182
11,861 11,874

105,138
68,542
36,596
53,107
23,037
30,070
30,164
17,984
12,180

106,008
69,330
36,678
53,934
23, 675
30,259
31,032
18,296
12,736

106,371 107, 047 107,549 108,414 109,591
69,641 70,144 70, 632 '71,117 71,941
36,730 36,903 36, 917 ' 37,297 37,650
54,658 54,700 55, 526 56,039 56,447
24,235 24,442 24,472 24,638 24,663
30,423 30, 258 31, 054 31,401 31,784
31,289 31,732 32, 582 - 33,051 33,101
18,628 18,884 19,229 • 19,321 19,338
12,661 12,848 13,353 ' 13,730 13,763

ratio..
do..
do..
do.
do..
do.

1.50

1.53

1.52

1.51

1.52

1.51

1.49

1.49

1.47

1.46

1.46

1.43

1.42

1.41

1.83
2.22
.65
.99
.58

1.67
1.98
.56
.91
.51

1.70
2.04
.58
.92
.53

1.67
1.98
.56
.90
.52

1.67
1.99
.56
.91
.52

1.69
2.04
.57
.94
.53

1.69
2.00
.57
.91
.52

1.66
1.97
.56
.90
.51

1.65
1.96
.56
.90
.51

1.64
1.92
.55
.89
.49

1.60
1. 89
.54
.88
.48

1.61
1.93
.55
.90
.48

1.57
1.86
.53
.87
.46

1.57
1.86
'.53
.87
.46

1.57
1.87
.53
.88
.45

do
do
do
do

1.37
.51
.21
.65

1.28
.48
.19
.60

1.30
.49
.20 1
.61

1.30
.49
.20
.61

1.29
.49
.19
.61

1.28
.49
.19
.61

1.30
.49
.20
.62

1.28
.48
.19
.61

1.27
.47
.19
.60

1.28
.48
.20
.61

1.23
.46
.19
.58

1.23
.46
.19
.58

1.22
.46
.19
.57

1.21
.46
'.18
.57

1.20
.45
.19
.56

1.47
2.06
1.19

1.42
1.90
1.19

1.44
1.96
1.19

1.46
1.98
1.20

1.44
1.95
1.19

1.45
1.93
1.21

1.42
1.86
1.20

1.40
1.79
1.20

1.42
1.87
1.20

1.38
1.80
1.17

.41
.84
.19

1.39
1.79
1.17

1.36
1.72
1.17

1.36
1.71
1.17

1.34
1.68
1.16

1.23
1.60
. 92

1.21
1.55
.91

1.22
1.56
.93

1.22
1.56
.93

1.23
1.58
.92

1.22
1.58
.91

1.23
1.61

1.20
1.52
.91

1.21
1.53
.92

1.20
1.52
.93

.19
.53
.90

1.18
1.51
.89

1.17
1.48
.90

1.16
1.47
.90

1.14
1.42
.89

21, 583

25,108

2,303
2,158

1,955
1,918

2,146
2,063

2,151
2,097

1,738
1,951

1,997
2,201

2,111
2,145

2,288
2,268

2,218
2,171

2,446
2,217

666,959

748, 273

62,380

62,016

62,048

65,193

56,358

61,485

67,074

67,035

66,310

63,477

2, 427 2, 625
2,153
2, 289 2, 499 2,451
63, 513 '69, 995 72, 272

36,557
2,114
5,437
2,675
2,025

34,801
1,892
5,465
2,717
2,019

35,218
1, 90!)
5,670
2, 891
2, 029
3,350
5, 793
4, 741
8, 954
6, '278
980

Retail trade, total t
do.
Durable goods stores
do.
Nondurable goods stores
do.
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. $._
Seasonall y adj., total
do.
Shipments (not seas, adj.), totalt
do.
Durable goods industries, total 9 t
do
Stone, clay, and glass products
do
Primary metals
do..__
Blast furnaces, steel mills
do
Nonferrous metals
do
Fabricated metal products
do.
Machinery, except electrical
do
Electrical machinery
do
Transportation equipment
do
Motor vehicles and parts
do.
Instruments and related products
do.

Textile mill products

136,761 '138,788 140,832

61,219
33,581
27, 638

Manufacturing, totalt
Durable goods industries
Nondurable goods industries
Retail trade, total f
Durable goods stores
Nondurable goods stores
Merchant wholesalers, total
Durable goods establishments
Nondurable goods establishments
BUSINESS INVENTORY-SALES RATIOS

Nondurable goods industries, total?
Food and kindred products
Tobacco products
_

130,534 143,198

126,133 130,151 132, 872 .33, 254 136, 570 125,607

60,335
32,683
27,652

101,665
do
65, 874
do
35, 791
do
do.__. 52,261
23,808
do
28,453
do
28, 916
do
17, 254
do
11,662
do

Nondurable goods industries
Materials and supplies
Work in process
Finished goods

129,312 116,810

1748,273
409,268
339,005

Mfg. and trade inventories, book value, end of year
or month (unadj.), total f
mil. $.. 181,010
Mfg. and trade inventories, book value, end of year
or month (seas, adj.),total t
mil. $._ 182,842

Manufacturing and trade, total t
Manufacturing, totalt
Durable goods industries
Materials and supplies
Work in process
Finished goods

125,502

121,685 122,814 122,283 123,371 126,458 127,056 129, 610 .31,478 132,766

do.
do.
do
do

do..
do..
do..
do..

358, 637
19, 706
55, 083
26, 656
21,312

409, 268
24,309
62, 721
30,338
23,918

34,285
1,928
5,211
2,530
1, 976

34,376

1,968
5,418
2, 636
2,065

34,611
2,079
5,313
2, 594
2,005

36,047
2,154
5, 491
2,6H
2,085

29,895
1,973
4,700
2,268
1,800

32,590
2,260
5,135
2,477
1,969

36, 778
2,252
5,546
2,643
2,160

37,182
2,281
5,560
2,677
2,123

38,478
58,830
50, 041
84,603
51,786
11,665

40, 962
67,145
57, 268
95,812
62,385
12, 529

3,372
5,788
4, 793
8,190
5,390
1,002

3,481
5,764
4,613
8,120
5,426
1,016

3,463
5,681
4,521
8,407
5,489
1,014

3,617
6,104
4,952
8, 291
5,530
1,068

3,113
5,083
4,299
5,977
3,410
989

3,490
5,303
4,687
6,328
3,596
1,047

3,713
5,904
5,132
8, 698
5,855
1,161

3,680
5,717
5,109
9, 246
6,203
1,130

3,448
5,602
5,224
9,287
6,248
1,152

3,353
5,813
5,053
8,311
5,167
1,100

308, 322 339,005
101,737 112,213
5,776
6,223
24, 472 28,078

28, 095
I', 117
503
2,415

27, 640 27,437
9,050
8,832
520
489
2,277 2,244

29,146
9,575
547
2,581

26,463
8,893
519
2,039

28,895
9,450
540
2,434

30, 296 29,853
10,187 9,839
526
533
2,448
2,571

29,753
9,961
547
2,485

28,676
9,986
519
2,405

2,332

2,473
5,014
2,363
1,548

2,227
4,385
2,348
1,319

2,420
4,808
2,408
1,521

2,467
5,079
2,463
1,614

2,480
4,960
2,384
1,598

2,416
4,818
2,468
1,493

2,296
4,693
2,530
1,387

25, 362
52,170
25, 777
16, 249

28,421
57,298
28, 223
17, 847

2, 393
4,781
2,260
1,537

2, 349
4,938
2,321
1,540

4,819
2,233
1,500

39,098
' 2,054
6, 270
' 3,120
' 2,330

3,786
' 3.803
6,808
' 6, 421
5, 399
' 5, 269
'
9, 870
9, 7\>5
6,626
' 6, 677
1,117
' 1, 066

28, 295 '30,897
9, 50 > '10,184
' 507
504
2, 324 ' 2, 572
2, 442
4,833
2, 495
1,452

40,534 2 40,294
' 6,525 2 6,643
6,462
3,244
2,365

'
'
'
'

2 9,688

31,938
10, 721
509
2,844

2, 578
5, 482
2, 564
1, 591

2,630
5,619
2,517
1, 619
69, 778

do..

60,335

61,219

61,413

61,231

61,635

63,352

63,903

64,725

66,553

66,387

68, 299 '69,123

--.do..
do..
do.
do.
do..

32,683
1,969
4, 933
2,380
1, 882

33,581
1,929
5,032
2,397
1,957

33,705
2,017
4,930
2,358
1,872

33,129
1,971
4,960
2,306
1,934

33,825
1,988
5,103
2,370
2,047

34,710
2,125
5,393
2,564
2,092

35,037
2,078
5,638
2,788
2,122

2,130
5,752
2,916
2,110

36,750
2,149
5,747
2,933
2,058

36,378
2,119
5,997
3,036
2,169

38,056 38,336 38,614 2 39 ,382
2,213
2,203 ' 2,229
6,167 ' 6,175 2 6,171
5,835
3,052
'
3,098
2, 935

do.
do.
do _.
do..
do..
do_

3,335
5, 328
4,695
7,537
4,908
995

3,447
5, 549
4,783
7,869
5,193
1,044

3,444
5,564
4,670
7,938
5,074
1,028

3,397
5,597
4,604
7,487
4,793
992

3,323
5,564
4,679
8,137
5,326
1,079

3,460
5,666
4,751
8,159
5,336
1,042

3,526
5,759
4,767
8,146
5,279
1,067

3,562
5,779
4,833
8,759
5,653
1,087

3,490
5,933
5,075
8,797
5,831
1,126

3,473
6,033
5,003
8,391
5,508
1,096

r
Revised.
i Based on data not seasonally adjusted.
2 Advance estimate; total mfrs.
shipments for Mar. 1973 do not reflect revisions for selected components. §The term "business" here includes only manufacturing and trade; business inventories as shown on p. S-l
Digitized for cover
FRASER
data for all types of producers, both farm and nonfarm. Unadjusted data for manufactur

2,114

' 2, 275

2,252

3,688
6, 200
5, 320
9, 4U
6,311
1,085

' 3,812
' 6, 084
' 5, 282
9,184
' 6,109
r 1, 086

3,743
6,270
5,286
' 9, 085
6, 029
1,108

2

9,389

ing are shown below and on p. S-6; those for wholesale and retail trade on pp. S-ll and S-12.
tSee corresponding ncte on p. S-4 and note marked "t" on pp. S-ll and S-12. +bee
corresponding note on p. S-7.
9 Includes data for items not shown separately.

SURVEY OF CURRENT BUSINESS

S-6
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as s h o w n
in t h e 1971 edition of B U S I N E S S S T A T I S T I C S

1971

j

1972

1972

Annual

May 1973

Mar.

! Apr.

June

May

July

1973
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSt—Continued
Shipments (seas, adj.)J—-Continued
By industry group:
Nondurable goods industries, total 9 - - -mil. $-.
Food and kindred products
do
Tobacco products
do
Textile mill products
do.._.
Paper and allied products
do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber and plastics products
do
By market category:!
Home goods and apparel
do
Consumer staples
do
Equipment and defense prod., excl. auto.do
Auto motive equipment
do
Construction materials and supplies
do
Other materials and supplies
do,__
Supplementary series:t
11 ousehold durables
do - . .
Canital goods industriescf
do._.
Nondefense
.
do. - _
Defense
do.. Inventories, end of year or month:!
Book value (unadjusted), total
Durable goods industries, total
Nondurable goods industries, total

27,652
9, 077
519
2, 331
2,317
4, 671
2,318
1,478

27,63S
0 020
501
2, 33S
2.312
4, 0*0
2, 35!*
1,404

9,195
511
2,294
2,313
4,635
2,248
1,456

28,102
9,288
505
2,445
2,365
4,782
2,281
1,442

27,810
9, 210
505
2,337
2,376
4,693
2,370
1,426

28,642
9,485
517
2,372
2,407
4,852
2,397
1,547

28,866
9,605
511
2,422
2,383
4,846
2,437
1,594

28,639
9,411
533
2,214
2,412
4,907
2,377
1,536

29,803
9,869
54!)
2, 426
2, 453
4,983
2,476
1,546

30,009
10,055
525
2, 520
2, 419
5, 235
2,517
1,501

30,243
10,126
543
2,547
2,541
5,135
2,514
1,559

•30,787 31,384
10,327 10,671
526
540
2,747
' 2,606
2, 547
' 2,537
' 5, 402 5, 446
2,581
'2,521
1,556
'1,562

i 67, 077 i 75, 776
131,852 1144,334
i 04,935 i 107,153
162,573 171,346
i 57, 438 i 66, 057
1
253,084 i 283,607

6,055
11,761
8, 635
5, 669
5, 370
22, 812

6, 231
11M2
8, 836
5, 946
5, 3SO
23, 155

6,242
11,918
0,017
5, 835
5, 496
22, 905

6,235
11,994
8,890
5.526
5,447
23,139

6,123
11,802
8,034
6,020
5,442
23,314

6,358
6,419
12,205 12,233
8, 968
9, 032
6,117
6,060
5,632
5,612
24,072 24,547

6,439
12,130
9, 287
6,410
5, 699
24, 760

7, 020
12,605
9,464
6,610
5, 772
25,082

6,811
12,732
9, 455
6,246
5, 719
25,424

6,909
12,816
9,970
7,039
5,880
25,685

' 6, 921 7,070
13,048 13,391
' 9,693
!), 859
' 6,891
6,887
' 6,154
6,105
26,416 26,466

!
28,095 135,19!)
Ull,652 1125,809
i 1)0, 01!) 1101,746
1
21,603 i 21,063

2, 758
10,138
8,404
1, 734

2. 883
10.320
8, 574
1,746

2, 913
10,448
8,694
1,754

2,841
10,380
8,750
1,639

2, 902
10,480
8,677
1,803

3,034
10, 564
8,872
1,692

3,016
10,897
9,038
1,859

3,216
3,310
11,008 11,008
9, 207 9, 256
1,752
1,801

3,184
11,733
9,721
2,012

3,271 ' 3,346 2 3, 575
11,460 11,607 2 11,994
9, 502 * 9, 703 •210, 057
1,898 '1,904 2 1, 937

103,777
67, 682
36, 095

105,311 105, 849 106,645
68,840 6!), 233 69,690
36,471 36,616 36,949

107,817
70,535
37,282

108,955 110,032
71,339 72, 256
37,616 37,776

3,000
10,632
8,815
1,817

do....
do
do

101,293
65, 446
35, 847

106, 645 102,856 103,251
69,696 66, 894 67,1M
36, 949 35, 962 36. 070

do

101,665

107,047

102,822 103,505 103,888 105,138 105,441

106,008

106,371 107,047

107,549

108,414 109,591

do
do
do
do
do

65, 874
2, 279
9, 205
4, 901
3, 463

70,144
2, 381
9, 619
5, 244
3, 423

66, 604
2, 234
), 506
5,104
3, 459

66, 575
2 °7''
0,' 553
5.217
3,410

67,035
2,260
9,600
5, 284
3,456

67,427
2,282
696
5,370
3,463

67,645
2, 285
9, 709
5,392
3,459

68,542 68,834
2,337
2,357
9, 759 9, 761
5,385
5,411
3,504
3, 479

69,330
2,385
9, 664
5,347
3,434

69,641
2,378
9,617
5,321
3,390

70,144
2,381
9, 019
5, 244
3,423

70,632
2,372
9,567
5,172
3,427

71,117
'2,345
r' 9,483

268
497
837
179
933
452

7,551
14, 12!)
10,423
16, 724
4, 292
2,615

7, 289
13,356
9, 872
15,553
4, 001
2, 507

7,122
13,39!)
9. svs
15,530
4. 0S0
2,510

7,185
13, 396
9, 968
15,722
4,128
2, 539

7,220
13,445
9, 986
15,919
4,140
2,486

7,157
13,442
10,046
15,999
4,213
2,541

7,340
13,534
10,154
13,477
4, 523
2, 551

7,425
13,700
10,237
16,326
4,319
2, 571

7,605
13, 747
10, 262
16, 486
4,358
2, 613

7,541
13,944
10,323
16, 581
4. 297
2, 625

7,551
14,129
10,423
10,724
4, 292
2,615

7,638
14,202
10,715
16,820
4,205
2,576

' 7,813
8,002
• 14,346 14, 562
• 10,787 11,001
•16,954 17,103
' 4, 267 4,322
' 2,530
2,628

146
495 !
250
937

19.870
3,465
6, 625
2, 734

18,979
3,596
6,213
2,805

18, 939
3.542
0. 237
2, 810

18,995
3,528
6,250
2,814

I
I
I
i

18,804
3,543
6,180
2,728

19, 256
3, 499
6, 208
2, 789

19, 519
3,468
6,262
2, 969

19,468
3,457
6,346
2, 822

19,701
3,440
0, 380
2,900

19,812
3,460
6,515

19,870
3,465
6,625
2,734

20,196
3,520
6,780
2,739

•20,337
' 3,527
' 6,858
' 2,719

32,693
3,336
10, 985
12,786

30,231
3,182
10,192
11,367

30, 210
3, 257
10.210
11,340

30,562
3,282
10,290
11,496

30,982
3,329
10,402
11,779

30,786
3, 354
10, 384
11,779

31,153
3,400
10, 521
11,832

31,529
3,394
10,635
11,998

32, 070
3,350
10, 697
12,348

32,321
3,303
10, 847
12,537

32,693
3,336
10,985
12,786

32,952
3,332
11,143
12,900

•33,202 33,688
' 3,338 3,294
•11,258 11,433
13,033 13,164

17, 581
2.818
6, 942
1,204

17,394
2,728
6,823
1,381

17.300
2. 754
6, 831
1.3S0

i
|
I
i
I
17,478 !
2,700 |
6,824
1,412 j

17,641
2,824
6,840
1,412

17,603
2,856
6,896
1,431

17,870
2,801
6, 005
1,676

17,837
2, 910
6, 956
1,503

17,559
2,874
6, 923
1,238

17,508
2,854
6,905
1,237

17,581
2,818
6, 942
1,204

17,484
2,715
6, 994
1,181

17,518 17,798
2,6°6
'2,618
7,123
'7,017
' 1, 202 1,241

35, 791
36, 003
0, 294
9, 169
2, 456
2, 235
3, 842
3, 622
2 77''
('), 6 9 3 6, 846
2, 266
2, 200
2,151
2, 332

35,846
0,100
2, 240
3, 728
2, 747
6, 001
2, 185
2, 199

35, S53
0, 111
2, 2UU

36,078
9,156
2,206
3,812
2,742
6,690
! 2,213
| 2,252

36,243
0. 279
2,196
3,834
743
6,712, 228
2,252

36, 596 36,007 36,678 ! 36,730
9,322
9, 429
!). 300
!), 204
2,329
2, 272
2,314
2, 300
3,859
3,810
3, 780
3, 867
2,786 I 2, 703
2.758
0, 728 6,751 ! 6,801 6,831
2, 254
2,272 I 2,261 2, 264
2,276
2,256
2, 255
2, 277

36,903
9, 294
2,456
3, 842
2, 799
6,846
2,200
2,332

36,917 •37,297 37,650
9,623
9, 459 ' 9,629
2,393
2,414
2,42!)
3, 844
3, 88!) 4,020
' 839
2,
794
807
(
6,813 ' 6, 798 6,728
2,163
2, 154 ' 2,162
2,352
2, 319 '2,324

13,526
5,340
16,925

13. 80'.)
5, 656
17, 438

13,468
5, 555
10,823

13,499
5,402
If), 892

13,464 ! 13,635 13, 596
5,38! | 5,412 5,433
16,942 ! 17,031 17,214

13,671
5. 492
17,433

do..
do_.
do..
do..
do..
do.

10,851
13, 978
26, 347
5, 240
8, 178
37, 071

11,703
14,357
28, 206
5, 742
X. (561
38, 288

10,057
13,010
20,562
5,419
8,172
37,424

10.900
13.0111
20.523
5. 413
8, 11 s
37,513

11,113 J 11,288
13,780 ! 13,931
20,597 26, 744
5,533
5, 499
8,181
8,164
37, 669 37,828

do..
do..
do..
do..

4, 974
29, 664
21,313
5,351

5,471
31,508
25,549
6,01!)

5. 003
20,858
24.220
5, 632

5, 029
20.S21
21,20s
5.010

New orders, net (not seas, adj.), totalj
Durable goods industries, total
Nondurable goods industries, total

do..
do..
do..

665,678
357, 214
308. 464

760, 412
420, 526
33!), 886

63, 059
34, 838
28, 221

New orders, net (seas, adj.), totalj
By industry group:
Durable goods industries, total 9
Primary metals
Blast furnaces, steel mills
Nonferrous metals

do

665, 678 i 760,412

do
do
do
do

357,214
54, 537
26, 362
21,095

do
do
do
do
do

37, 805
58, 837
50, 398
83,808
19,273

Book value (seasonally adjusted), totalj
By industry group:
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
Nonforrous metals

Fabricated metal products
6o...
Machinery, except electrical
do
Electrical machinery
do
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products .do
By stage of fabrication:t
Materials and supplies 9
do
Primary metals
do
Machinery (elec. and nonelec.) —.do
Transportation equipment
do
Work in process 9
do
Primary metals
do
Machinery (elec. and nonelec.).._do
Transportation equipment
do

29,645
3,044
10,271
10, 868

Finished goods 9
do
Primary metals
do
Machinery (elec. and nonelec.)._.do
Transportation equipment
do

17,083
2,666
6,813
1,374

Nondurable goods industries, total 9__rlo__
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 :J
Materials and supplies
do__
Work in process
do..
Finished goods
do._
By market category.-J
7Tome goods and apparel
Consumer staples
Equip, and defense prod., excl. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
Supplementary series:J
Household durables
Capital goods industries cf
Nondefense
Defense

Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts
Nondurable goods industries, total
Industries with unfilled orders©
Industries without unfilled orders^
r

Revised.

do
do
do

j
I
|
|

102,450 102,12s

2,731
0,0 IS
2. 100
2, 230

35,787
8,987
2,231
3,817
2,749
6,063
2,208
2,274

103,669 103,446 104,682 104,470
67, 570 67,485 68,444 68,359
36,099 35,961 36,238 36,111

j
i
!
|
I

5,oei

3,454

71,941
2,409
9,388
4,941
3, 489

20,455
3,468
7,007
2,698

13,711
5, 552
17,344

13, 678
5,605
17,395

13,736
5,600
17,394

13,809
5,656
17,438

13,920 14, 224
5, 622 ' 5,674
17,369 17,399

14,247
5, 809
17,594

11,372
14,071
26,800
5,633
8,174
37,838

11,465 11,524
14,262 14,315
27, 026 27,282
5, 974 5,753
8, 287 8,433
38,124 38,131

11,593
14, 236
27, 452
5,806
8,653
38, 268

11,633
14, 259
27,815
5,759
8,577
38,328 ;

11,793
14,357
28,206
5, 742
8,661
38,288

11,841 12,120
14,332 14, 480
28,509 28,692
5, 725 ' 5,807
8,680 ' 8, 674
38,462 38,041

12,383
14, 469
28,939
5,876
8,834
39,090

5,171
5,220
29, 93!) 30,116
24, 326 24,476
5,640
5,613

5, 277
30,138
24,453
5, 685

5, 294 5,319
30,396 30,642
24,001 24,906
5, 735 5, 736

5,373
30, 806
24, 940
5,866

5,411
31,165
25,242
5,923 !

5,471
31,598
25,549
6,049

5,534
31,990
25,807
6,183

' 5,636
32,200
25,920
' 6,280

5,674
32, 524
26,189
6.335

62, 40.S
31.7^0
27, 71S

61,727 66,733
34,254 I 37,592
27,473 i 29,141

57, 030
31,457
26,473

02,112
33,238
28,874

68,778
38,447
30,331

67,748
37, 792
29, 958

67,102
37,167
20,035

65,071
36,350
28,721

66,194
37,737
28,457

72,784
41,003
31,121

75,556
44,257 2 42,596
32,087

61,007

61,0X5

62,012 | 63,734

62,270

04,409

65,776

65,454

67,587

67,668

420, 526
65 090
32,176
24, 228

33,328
5, 243
2, 547
2, 004

31.005
4,909
2.313
1,091

34,302 35,613 34,430
5.339
5,442 i 5,426
2,659 i 2,765 I 2,711
1,961 j 1,950
1,999

35,727 36,851
5, 967 5, 859
3,004
2,936
2,174
2,175

36, 759
5, 727
2, 927
2,023

37,610
5,914
3,008
2,132

37, 562
5, 968
2, 976
2,179

41,807
70, 013
58,161
00, 561
25,419

3,420
5,574
4,604
7, 512
1,801

3,401
5, 65 i
4. S33
8,111
2, 0S1

3,554
6,074
5,174
8, 990
2, 228

3,417
6,423
5,322
8, 84!)
2,178

3,811
6,583
5,18!
8,480
2, 054

308, 464 339,886 27, 76!)
80, 705
91, 888 7, 628
227, 759 |. 247, 008 20, 141

27, 680
7, 533
20,147

28, 925 28, 695
7, 784
7, 710
21,141 ! 20,985

29,968
8,049
21,919

30,106
7, 951
22,155

i Based on d a t a not seasonally adjusted.

2

3,373 i
5,668 i
4,841 |
7,867 !
2,079 |
27,710
7,489
20,221

A d v a n c e e s t i m a t e ; total mfrs.

newFRASER
orders for Mar. 1973 do not reflect revisions for selected c o m p o n e n t s .
JSec correspondDigitized for
ing n o t e on p . S-7.
9 I n c l u d e s d a t a for i t e m s n o t s h o w n s e p a r a t e l y .
^ C a p i t a l goods
http://fraser.stlouisfed.org/
i n d u s t r i e s series is c o m p a r a b l e to t h e previous p r o d u c e r s ' capital goods a n d defense p r o d u c t s
Federal Reserve Bank of St. Louis

3,505
5,923
4,775
8,781
3,300

28,121
7,668
20,453

3,501
5,728
4,021
8,181
1,901

3, 556
5,853
4,778
8,302
2,235

27,840 28, 682
7,616
7,765
20,224 j 20,917

3,691
0,006
5,025
8,758
2,275

69,838 '71,042

73,043

2
41,
4 , 3 342
4
, 486
39, 414 40,087 j'42,
,
7, 510 I 2 6, 950
6, 206
0,666
4,113
3,123
2,482
2, 253 ' 3,447
' 2, 400
4,003
3, 882 ' 4,045
6,892
6, 709 ' 0,509
5,592
5, 202 ' 5,503
9, 837 9,330 • 9, 785 2 9, 851
2,004
2,337 '2,017

30,424
8,163
22,261

30,955 31,521
' 8, 28!) 8,392
22,666 23,129

(old series) categories.
©See c o r r e s p o n d i n g note on p . S-7.
IIFor these industries (food a n d k i n d r e d p r o d u c t s , tobacco m a n u f a c t u r e s , a p p a r e l a n d
other textile products, petroleum a n d coal p r o d u c t s , chemicals a n d allied p r o d u c t s , a n d
r u b b e r a n d plastics products) sales nw nnn=iJ..v,wi ^ . , , - i +~ . —
' --

SURVEY OF CURRENT BUSINESS

May 1973
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of B U S I N E S S STATISTICS

1971

1972

1972
Mar.

Annual

S-7

Apr.

May

June

July

1973
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSJ-Continued
New orders, net (seas, adj.)}—Continued
By market category:
o
g
pp
Home
goods
and apparel
mil. $..
Consumer
staples
C
t
ddo
Equip,
and defense prod.,
excl. lauto
do
Automoty
eqp
Automotiye equipment
do
Construction
C t c t i o n materials and supplies
s u p p l i e s ddoo
Other materials
i l andd supplies l
i
ddo.
Supplementary series:
Household durables
do.
Capital goods industries?
do.
Nondefense
do.
Defense
do.

2 67,288
2131,891
2 94,865
2 62,926
2
56,867
'251,841

2 76,074
2144,333
2 111,981
2 71,878
2 66, 861
2 289,285

6,138
11,765
8,522
5,637
5, 497
23,538

6,290
11,666
9,012
5,940
5,355
23, 422

6,359
11,919
8,895
5,782
5,470
23, 587

6,318
11,978
10,501
5,499
5,544
23, 894

6,036
11,805
8,819
6, 098
5,534
23,978

6,350
12,204
8,856
6,149
5,666
25,184

6, 523
12, 225
10.050
6, 094
5, 790
25,094

6,520
12,125
9,585
6,556
5,661
25,007

6,935
12,609
10,043
6,649
5,724
25,627

6,732
12, 738
10,381
6,288
6,083
25,446

6, 817
12, 821
10, 415
7, 224
6,048
26, 513

'7,093
7,125
13,047 13,392
10,233 11,050
' 7, 032 6,930
'6,302
6,346
27,335 28,200

29,173
2111,015
2
88,777
2
22, 238

2 35, 451
2132,258
2109,146
2 23,112

2,829 j 2,945
10,344
10,744
8,785
8, 528
1,959
1,816

3,012
10,569
9,036
1,533

2,925
12,172
9,228
2,944

2, 807
10,617
9,100
1,517

3,019
10,717
9,211
1,506

3,113
3,094
11,762
11,359
9,519 I 9,694
2, 243
1,665

3,210
11,676
9,762
1,914

3,140
11,767
10,072
1,695

3,087
12, 342
10,433
1,909

3,439 I ' 3,412 1 3, 631
11,998 j' 13,176 112, 762
10,036 '10,923 1 10,594
1,962 '2,253 " 2,168

75,914
72,433
3,481

76,071
72,476
3,595

77, 619
74,028
3,591

79,189
75,585
3,604

79,815
76, 234
3,581

81,518 I 82,225
77,901
78,504
3,617 i 3,721

83,015
79,115
3,900

84, 611
80, 665
3,946

87,288
83,181
4,107

90,076 93,359
85,744 '89,474 |i 91, 778
' 4,332
4,483 '

Unfilled orders, end of year or month (unadjusted),
tolalt
mil. $.. 72,478
69,415
Durable goods industries, total
do
3,063
Nondur. goods ind. with unfilled orders©., .do
Unfilled orders, end of year or month (seasonally
adjusted), totalt
mil. $.. 73,004
By industry group:
69,901
'Durable goods industries, total?
do
Primary metals
do
i 6,043
3,432
Blast'furnaces, steel mills
do
1,744
Nonferrous metals
do.

84,611
80, 665
3, 946

76,396
72,837
3, 559

85,226

75,039

75,506

76,103

78, 608

79, 241

80,299

82,180

82,906

83,947

85, 226

86,768 '88,691

91,949

81, 231
8,474
5,321
2, 063

71,558
6,383
3,660
1,837

71,983
6,350
3,606
1,874

72,579
6,759
3,907
1,963

75,064
7,242
4,366
1,979

75, 667
7,563
4,706
1,931

76,686
8,138
5,146
2,013

78, 506
8,361
5, 295
2,066

79,174
8,335
5,305
1,979

80,047
8,503
5,381
2,053

81, 231
8,474
5,321
2,063

82, 589 84,345
9,344
8, 845
5,509 ' 5,858
2, 202 ' 2,333

88, 065 1 90,168
10, 679 i11,664
6, 919
2,562

9,843 i 9,939
13,749 13,936
14,284 14,310
23,880 I 24,025
16,010 16, 267

10,104
14,184
14, 571
24, 639
16,484

10,097
14,477
14,910
24,869
16,564

10,025
14,969
15,157
24,922
16,645

10,364
15, 522
15,342
25,009
16, 643

10,557
16,033
15,281
25,404
16,699

'10,790
'16, 458
'15,562
25, 554
'16,593

11,049
17,078
15,868
26,253
16,523

' 4,346

4,486

do
do
do
do
do

9, 442
12,632
14,430
21,289
14,322

10,364
15, 522
15,342
25, 009
16, 643

9, 674
13.051
13,948
22,369
14,311

9, 628
13,156
13,999
22,611
14,553

9,557
13,258
14,171
22,540
14,689

9,664
13,586
14,340
23,833
16,086

Nondur. goods ind. with, unfilled orders®, do

3,103

3, 995

3,481

3,523

3,524

3,544

2. 224
38,395
9, 238
23,147

2, 529
43, 752
10, 056
28, 889

2,358
39,203
9, 440

2,421
39,374
9, 406

1,810
43,483
25,385
18,098

2, 064
49, 948
29,814
20,134

Fabricated metal products
Machinery, except electrical
Electrical'machinery
Transportation equipment
Aircraft, missiles, and parts

By market category:}
Home goods, apparel, consumer staples.._do
Equip, and defense prod., incl. onto
do
Construction materials and supplies
do
Other materials and supplies...
do
Supplementary series:!
Household durables
do
Capital goods industries^
do
Nondefe.nscdo
Defe use
do

3,574

3,613

3,674

3,732

3,900 i 3,995

4,179

24,038 j 24,305

2,539
39,199
9, 379
24,986

2, 519
2,607
40, 785 40, 751
9, 474 9,567
25,742 26,404

2,510
40, 671
9,601
27, 517

2, 604
41,728
9, 778
28,070

2,680
42,169
9, 740
28,317

2,601
2,529
42,785 43,752
9,692 10, 056
28,869 | 28,889

2,441
44, 383
10, 226
29,718

1,915 j 1,977
44,308 | 44,733
25,291 | 25,502
19,017
19,231

2,077
44, 853
25, 842
19,011

2,162
46,637
26,322
20,315

2,064
2, 049
2,161
46, 779 46,929 48,005
26,747 | 27,084 27, 792
20,032 19,845 20,273

2,238
48,522
28,444
20,078

2,139
49,191
29,000
20,191

2,064
49,948
29,814
20,134

2,132
1, 964
50, 559 51,104
30, 528 31,007
20, 031 20,097

INDUSTRIAL AND COMMERCIAL
FAILURES*?
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

26,715

'2,614
' 45, 066 46,296
'10,374 10,615
'30,637 32,370
' 2,197 i 2, 253
52,667 1 53, 434
32,222 i 32, 758
20, 445 i 20, 676

i

BUSINESS INCORPORATIONS^
New incorporations (50 States and Dist. Col.):
Unadjusted©
number.
Seasonally adjusted©
do

'
I
I
j

1

287,577

10,326
1,464
1,545
1,932
4, 428
957

thous. $. 1,916,929
356,923
do
222,357
do
do . . 712,611
444,086
do
180,952
do

Failure annual rate (seasonally adjusted)
No. per 10,000 concerns.

316, 601

003
862

26,414
26, 681

28,030
26, 243

28,331
26, 303

9, 566
1,252
1,375
1,576
4,398
965

986
116
146
194
445
85

808
121
102
134
355
96

856
115
128
127
398

730
88
81
126
338
97

,000.244 !20,662 1148,467
231,813
26,578
14,142
193, 530 26,815
8,518
766, 991 113,437 j 60,566
558, 270 42,284 i 48, 870
249, 640 11,548 i 16,371

2 38.3

41.2 j

26,103 26,118 24, 761
26, 815 26, 420 26, 798

26,736
27, 417

23,991
26,387

26,059
27,614

30,114
27,173

26, 821
28, 640

730
106
103
107
352
62

755
8S
106
125
363
73

799
91
127
121
393
67

708
98
118
108
308
76

772
90
105
125
376
76

753
85
94
126
378
70

740
103
92
127
344
74

824
101
124
147
372
80

190,139 127, 900 204,624 (253,619 113,540 152,974 208,583
17, 502
29,482 14,228 18,022 ! 16,058 13,807
14,072
16,980 10,447
7,619 I 22,000
9,435 12, 73;
22,044
32,323 48, 979 112,769 !114,160 50, 938 47, 907 52,284
35,848 27, 036 45,419 j 87,812 31,597
03,580 105,445
75, 506 27,210 20,795
13,589
7, 763 14,678 I 11,308
!

36.5 !

40. 5

38.2

39.1

38. S

874
117
115
137
411
94

86,786 205,837 1137,162 252,349
5,407 37, 065
16,089 17,526
13,728 20,282 ! 18, 490 21,120
19,266 115,440 I 73, 929 84, 069
22, 401 37,826 j 30,181 73,237
9,152 36,258
15,302 14,763
37.4

34.9

36.0

35. 9

COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS
Prices received, all farm products
Crops 9
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..

285
243
323
209
185
167
265
619
321
354
402
133

319
261
329
245
183
192
280
685

304
243
290
235
173
166
263
665

303
253
327
264
174
168
260
666

313
261
342
272
180
170
275
666

369
365
492
136

357
362 I
468 i
138 I

346
352
459
122

357
345
485
123

352
382
331

371
401
350

364
395
341 !

365
396
343

306
398
344

410

433

427

428 |

Parity ratio §
do
i
70
74
72 1
71
74
r
Revised.
v Preliminary.
i Advance estimate; 2 total mfrs. unfilled orders for Mar.
1973 do not reflect revisions for selected components.
Based on unadjusted data.
% Revised back to 1966 to reflect benchmarking to the Annual Survey of Mfrs. for 1966-70 and
calculation of new seasonal factors; revisions back to 1966, new seas, factors, and other technical data appear in a special Census Bureau report entitled Mfrs.' Shipments, Inventories,
andFRASER
Orders: 1986-72, M3-1.4, Revised (available from Publications Distribution Section,
Digitized for
SESA, Wash., D . C . 20233).
1f See note marked "tf" on p. S-6.



73!

325
268
334
261
178
183
292
715

348

365

379 !

701 I

331
272
360
229
191
239
273
705

287
337
216
221
283
263
704

295
402
187
223
283
282 I

707 I

383 j
381
512
136

381
388
496
150

401
394
524
168

424
391
560
192

299
395
199
216
243
301
704
447
392
612
179

381 I
408 '
361 I

386
410
369

394 I
414 j
379 i

443 !

449
78

348 I
515
136

374
357
507
132

264
341
206
187
207 '
309
718
380
373
504
145

372 !
403 j
349 !

372
403
349

376
406
356

377
404 i

3 IS

431

433 j

433

437

440

263
319
270
180
166
310
665

262
328
261
178
164
278
676

36 [

376 j

312
498
125
369
400

I
I
!
j
I
i
I

263 1
295

216 I

187 {
227 I
321 i

358 I
l

316
411
222
218
251
331
704
481
388
669
204

324
463
229
220
262
316
705
466
381
638
211

401 !
421 I
386 i

409
'426
'396

413
433
399

458

465

'473

480

80

82

86

83

!
j
!
I

© Includes textile mill products, leather and products, paper and allied products, and
prrinting and publishing industries, unfilled orders for other nondurable goods are zero.
9 Includes data for items not shown separately. tfCompiled by Dun & Bradstreet,
Inc. (failures data for 48 States and Dist. of Col.).
O Revisions for Jan.-Dec. 1970 (unadj.)
and Mar. 1970-Dec. 1971 (seas, adj.) will be shown later.
§ Ratio of prices received to prices
paid (parity index).

UUltJLtiiilN JL 15 U

.VJiiX

S-8
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown in
the 1971 edition of BUSINESS STATISTICS

1972

1972
Mar.

Annual

M a j T 1973

SK5

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

COMMODITY PRICES—Continued
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Unadjusted indexes:
All items
Special group indexes:
All items less shelter
All items less food
All items less medical care

1967=100.

121.3

125.3

124.0

124.3

124.7

125.0

125.5

125.7

126.2

126.6

126.9

127.3

127.7

128.6

129.8

130.7

do_._
do
do...

119.3
122.1
120.9

122.9
125.8
124.9

121.8
124.5
123.6

122.1
124.9
123.9

122.4
125.4
124.3

122.7
125.7
124.6

123.1
125.9
125.1

123.2
126.1
125.3

123.8
126.7
125.9

124.2
127.1
126.2

124.6
127.4
126.6

124.8
127.6
126.9

125.3
127.4
127.3

126.4
127.9
128.2

127.8
128.4
129.5

128.9
129.1
130.5

do
do___
do
do___
do-..
do
do_--

117.4
117.7
117.0
116.5
116.8
128. 4
130.8

120.9
121.7
119.8
118.9
119.4
133.3
135.9

119.7
120.6
118.9
117.3
118.2
132.1
134.7

119.9
120.7
119.1
117.7
118.5
132.4
135.0

120.3
121.0
119.7
118.4
119.2
132.7
135.3

120.7
121.2
119.5
119.2
119.4
133.1
135.7

121.2
121.7
119.3
119.6
119.4
133.5
136.2

121.4
122.0
119.4
119.7
119.5
133.8
136.4

122.0
122.8
120.8
119.8
120.3
134.1
136.7

122.3
123.1
121.3
120.1
120.8
134.6
137.2

122.7
123.5
121.7
120.3
121.0
134.9
137.6

122.9
123.8
121.7
120.3
121.1
135.4
138.0

123.4
124.7
120.9
119.9
120.5
135.7
138.3

124.5
126.2
121.6
119.9
120.9
136.2
138.7

126.1
128.3
122.4
120.2
121.5
136.6
139.2

127.4
129.7
123.3
121.0
122.3
137.0
139.6

Food9
do--.
Meats, poultry, and fish
do
Dairy products
do
Fruits and vegetables
do.._
TTousing
do
Shelter?
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_._

118.4
116.9
115.3
119.1
124.3
128.8
115.2
133.7
115.1
117.5
114.7
118.1
119.8
118.6
116.6
112.0
110.2
137.7
122.2
128.4
116.8
119.3

123.5
128.0
117.1
125.0
129.2
134.5
119.2
140.1
120.1
118.5
120.5
121.0
122.3
119.9
117.5
111.0
110.5
143.4
126.1
132.5
119.8
122.8

122.4
126.8
117.3
121.4
127.9
132.7
118.0
138.2
119.6
118.7
119.7
120.1
121.3
118.4
115.9
111.7
103 9
142.3
125.0
131.4
118.7
121.7

122.4
125.9
117.4
122.1
128.2
133.0
118.4
138.5
119.9
118.6
120.2
120.5
121.8
118.6
116.1
111.7
106.4
142.7
125.5
131.7
119.1
122.3

122.3
124.8
117.3
123.9
128.5
133.4
118.6
138.9
120.1
118.7
120.5
120.8
122.5
119.5
117.1
111.4
110.0
142.7
125.8
132.0
119.7
122.5

123.0
126.4
117.0
127.2
129.0
134.1
119.0
139.6
120.1
117.8
120.3
121.0
122.1
119.8
117.3
111.3
112.0
143.0
126.1
132.4
120.0
122.9

124.2
129.9
116.8
128.4
129.5
134.9
119.2
140.7
120.2
117.7
120.3
121.1
121.1
120.3
117.8
111.0
112.7
143.3
126.3
132.7
120.0
123.0

124.6
130.8
116.6
128.1
129.9
135.5
119.6
141.3
120.1
117.9
120.5
121.2
120.8
120.5
118.1
110.6
112.4
143.3
126.5
132.9
120.2
123.0

124.8
130.9
116.9
125.7
130.1
135.7
119.9
141.5
120.3
118.0
120.5
121.6
123.1
121.0
118.6
109.6
113.6
144.0
126.8
133.1
120.5
123.7

124.9
131.3
117.1
124.5
130.4
136.0
120.3
141.8
120.6
118.1
120.9
121.8
124.3
121.2
118.7
110.1
115.2
144.1
127.2
133.9
120.8
124.0

125.4
131.5
117.7
126.5
130.8
136.2
120. 5
142.0
121.7
119.3
122.2
122.1
125.0
121.4
119.0
110.2
116.0
144.1
127.4
134.1
121.0
124.1

126.0
131.2
118.3
127.3
131.2
136.8
121.0
142.6
121.9
119. 4
122.5
122.3
125.0
121.3
118.9
110.6
115.0
144.5
127.5
134.4
121.5
124.0

128.6
136.1
119.1
130.5
131.4
136.9
121.5
142.6
122.8
120.7
124.1
122.2
123.0
121.0
118.5
111.1
112.8
144.3
127.8
134.9
121.8
124.1

131.1
142.8
121.0
133.3
132.0
137.3
122.1
142.9
124.1
127.2
124.5
122.6
123.6
121.1
118.7
111.0
112.4
144.3
128.1
135.3
122.4
124. 3

134.5
152.7
121.5
136.8
132.3
137.7
122.6
143.2
124.6
127.8
125.0
123.0
124.8
121.5
119.1
110.8
113.7
144.5
128.6
135.8
123.1
124.5

136.5
155.4
121.8
141.8
132.8
138.1
123.0
143.6
125.1
128.3
125.5
123.6
125.8
122.6
120.3
111.1
117.3
143.9
129.2
136.2
123.8
125.2

1108.0 1 120.0
i109.3 1 115.0
1107. 1 i 123. 0

114.4
110.4
117.2

115.6
110.1
119.5

119.2
112.2
124.3

119.1
112.7
123.7

119.8
114.4
123.7

121.0
115.8
124.6

122.7
119.7
124.8

124.5
119.4
128.1

126.2
118.7
131.6

130.8
125.0
134.8

134.4
127.5
139.3

143.0
136.6
147.5

149.9
142.3
155.3

152.9
145.4
158.2

Commodities
Nondurables
Nondurables less food
Durables 9
Commodities less food
Ser vices
Services less rent

WHOLESALE PRICESa 1
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities
1967=100.
9 Foodstuffs
do._
13 Raw industrials
do__.
do -

113.9

119.1

117.4

117.5

118.2

118.8

119.7

119.9

120.2

120.0

120.7

122.9

124.5

126.9

129.7

130.7

By stage of processing:
Crude materials for further processing
Intermediate materials, supplies, etc
Finished goods©
Consumer finished goods
Producer finished goods

do
do
do
do
do

115.0
114.0
113.5
112.7
116.6

127.6
118.7
117.2
116.6
119.5

123.1
117.2
116.1
115.2
119.0

123.0
117.7
115.8
114.8
119.3

125.5
118.2
116.4
115. 5
119.4

127.2
118.5
116.9
116.1
119.6

130.1
118.8
117.8
117.3
119.7

130.3
119.2
117.9
117.4
119.8

130.3
119.7
118.2
117.7
119.9

129.2
119.9
117.6
117.1
119.7

130.4
120.6
118.3
117.9
119.9

138.3
122.3
119.5
119.3
120.3

143.3
123.1
121.0
121.2
120.6

151.3
125.1
122.5
122.9
121.2

159.0
127.4
124.6
125. 5
121.7

158.8
128.5
125.6
126.6
122.3

By durability of product:
Durable goods
Nondurable goods
Total manufactures
Durable manufactures
Nondurable manufactures

do
do
do
do
do

117.0
111.7
113.8
117.0
110.5

121.1
117.6
117.9
121.1
114.7

120.4
115.2
116.7
120.4
112.9

120.7
115.1
116.9
120.8
112.9

121.0
116.2
117.4
121.0
113.6

121.2
117.0
117.8
121.3
114.3

121.4
118.5
118.3
121.5
115.1

121.6
118.6
118.5
121.7
115.1

121.8
119.1
118.8
121.9
115.6

121.7
118.8
118.8
121.7
115.8

121.8
120.0
119.2
121.8
116.5

122.1
123.5
120.7
122.1
119.2

122.7
125.7
121.6
122.6
120.6

123.9
129.2
123.6
123.7
123.5

125.6
132.9
125. 7
125. 4
125.4

127.0
133.5
126.7
126.7
126.6

Farm prod., processed foods and feeds

do_.

All commodities

i
i
I
!

113.8

122.4

119.1

118.3

120.0

121.3

124.0

123.8

124.5

123.3

125.3

132.6

137.0

142.4

149.0

147.9

Farm products 9
do
Fruits and vegetables, fresh and dried ..do
Grains
do
lave poultry
do
Livestock
do

112.9
120.1
100.9
100.3
118.3

125.0
127.6
102. 9
104.0
142.5

119.7
112.8
93.8
107.6
136.7

119.1
117.6
96.0
94.1
133.8

122.2
120.6
97.5
96.3
139. 8

124.0
121.7
94.5
102.9
146.4

128.0
129.9
96.3
118.4
152.4

128.2
138.9
99.8
106.8
148.1

128.6
138.1
109.5
112.3
144.9

125.5
122.8
109.2
103.8
144.2

128.8
141.8
113.6
102.8
139.5

137.5
134.6
137.6
103.6
152.6

150.9
146.9
128.2
137.0
177.8

160.9
158.5
126.1
164.8
194.4

160.6
176.0
130.9
185.8
184.1

Foods and feeds, processed 9
Beverages and beverage materials
Cereal and bakery products
Dairy products
Fruits and vegetables, processed
Meats, poultry, and fish

do_.
do_
do.
do_
do_
do.

114.3
115.8
111.4
115.4
114.3
116.0

120.8
118.0
114.7
118.6
119.7
130.0

118.6
116.7
112.6
118.0
116.7
127.3

117.7
117.2
112.8
117.5
118.3
123.6

118.6
117.2
113.3
117.4
119.0
126. 8

119.6
117.8
113.3
115.3
119.5
131.4

121.5
117.9
113.6
117.7
119.6
135.8

121.0
118.9
115.3
118.6
120.2
132.3

121.8
119.1
116.1
119.0
120.1
131.7

121.8
118.8
116.9
120.0
121.8
130.4

123.1
119.4
118.3
121.8
123.8
127.9

129.4
119.7
120.1
123.0
124.7
136.3

144.2
151.2
135.6
127.9
159.4
132.4
119.8
121.0
123.8
125.3
145.2

137.0
120.0
120.8
124.0
125.9
153.1

141.4
120.8
121.3
126.8
126.2
165.1

139.8
121.4
123.7
127.2
126.6
163.2

do_

114.0

117.9

116.8

117.3

117.6

117.9

118.1

118.5

118.7

118.8

119.1

119.4

120.0

121.3

122.7

124.4

105.6
93.1
101.8
103.6
139.1
119.4

106.7
93.6
101.9
103.8
173.9
119.9

107.7
94.5
102.6
103.8
184.0
120.3

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

104.2
92.2
102.0
102.4
133.5
115.6

104.2
91.7
101.2
103.0
115.8
118.0

103.4
90.6
101.0
102.5
103.5
117.9

104.1
92.2
101.5
102.4
112.2
118.3

104.4
92.1
101.4
102.8
116.0
118.3

104.3
92.3
101.4
103.1
115.9
118.3

104.2
91.9
101.5
103.2
113.2
118.3

104.4
92.0
101.3
103.3
121.4
118.3

104.4
92.0
101.3
103.1
116.4
118.3

104.4
92.1
100.8
103.3
117.2
118.2

104.7
92.4
100.9
103.6
123.2
118.2

104.8
92.5
101.0
103.7
128.2
118.2

105.1
93.0
101.4
103.5
130.3
119.4

Fuels and related prod., and power 9
Coal
Electric power
Gas fuels
Petroleum products, refined

do
do
do
do
do

114.2
181.8
113.6
108.0
106.8

118.6
193.8
121.5
114.1
108.9

116.5
192. 6
120.0
110. 9
106.3

116.9
191.2
120.5
112.5
106.6

117.5
191.2
121.2
113.0
107.3

118.2
191.2
121.5
112.9
108. 5

118.6
191.2
122.1
113.2
109.1

119.7
191.5
122.1
114.3
110.7

120.3
192.2
122.6
116.7
111.3

120.6
192.4
123.1
117.5
111.5

121.3
201.2
123.0
119.0
111.5

121.9
205.5
122.9
119.2
112.0

122.2
205.5
123.8
118.4
112.3

126.0
206.9
125.9
118.6
118.7

126.7
207.4
126.8
118.9
119. 4

131.8
213.8
127.6
120.1
127.9

112.0
112.3
108.0
108.0
117.7
118.1
92.9
92.5
and fuels.

112.4
107.9
118.5
92.3

112.6
107.8
119.1
92.4

113.1
108.2
119.4
92.4

113.5
108.4
120.0
92.2

114.1
108.3
121.8
92.2

109.9
111.4
Furniture and household durables 9
do
110.9
Appliances, household
do
107.2
107.6
107.4
Furniture, household
do
114.8
117.3
116.8
Home electronic equipment
do
93. 8
92.7
93.0
1
Computed by B E A .
9Includes data for items not shown separately,
wholesale prices of individual commodities, see respective commodities.




111. 1
111.0
107.5
107.2
116.9
117.1
92.8
92.9
r actual

111.2
111.7
111.4
112.0
107.7
107.1
107.3
108.1
117.8
117.2
117.4
117.7
92.4
92.9
92.6
92.4
OGoods to users, incl. raw foods

May 1973

UKKJiJNT

SUKV EY (

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of B U S I N E S S S T A T I S T I C S

1971

S-9
1972

1972

Annual

Mar.

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

COMMODITY PRICES—Continued
WHOLESALE PRICESrf1—Continued
(U.S.

Department

of Labor Indexes— Continued)

All commodities—Continued
Industrial commodities—Continued
Hides, skins, and leather products 9
1967 = 100.
do___
do___
do___
do_ —
d o . _.

Footwear
Hides and skins
Leather
L u m b e r and wood products
Lumber

114.0
116.8
115.1
112.5
127.0
135.5

131.3
124.5
213.7
140.3
144.3
159.4

123.0
120.1
173.8
128.4
139.5
152.4

127.2
122.4
188.6
138.1
141.1
155.1

129.5
124.6
200.3
137.8
142.7
157.0

130.9
125.8
204.1
138.6
144.2
159.0

131.6
126.5
212.5
138.1
146.1
161.6

134.6
126.5
243.0
140.6
148.1
164.1

135.7
126.8
244.0
143.5
148.5
165.1

139.8
127.0
270.8
153.3
149.2
166.1

144.0
128.5
287.0
162.6
149.4
166.8

142.2
128.7
255.2
162.2
149.8
167.9

143.9
129.0
274.0
162.8
151.0
169.0

144.9
130.9
272.7
162.9
161.0
182.3

143.5
131.1
246.4
164.5
173.2
195.8

145.0
131.5
270.2
161.1
182.0
207.2

Machinery and e q u i p m e n t ?
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Metalworking machinery and equip

do-_do__.
do__.
do__.
do._-

115.5
117.2
121.4
109.5
117.3

117.9
122.3
125.7
110.4
120.2

117.3
122.0
125.0
110.1
119.4

117.6
122.1
125.7
110.2
119.7

117.9
122.3
125.6
110.5
120.0

118.1
122.7
125.9
110.6
120.2

118.3
122.7
125.9
110.7
120.5

118.3
122.8
126.1
110.6
120.8

118.3
122.6
126.1
110.6
121.0

118.4
122.6
126.1
110.5
121.2

118.5
122.9
126.3
110.6
121.3

118.6
122.9
126.3
110.6
121.3

118.9
123.6
126.6
110.9
121.8

119.4
124.4
127.4
111.0
122.5

120.0
124.7
128.6
111.3
123.4

120.8
124.7
130.4
111.7
124.5

Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals

do...
do__.
do..,
do _ -.

119.0
115.5
121.8
116.0

123.5
118.2
128.4
116.9

123.4
117.0
128.3
117.2

123.5
117.9
128.3
117.6

123.6
118.1
128.3
117.8

123.6
118.6
128.1
117.6

123.5
119.0
128.3
116.8

124.0
119.2
128.8
117.4

124.1
119.2
128.9
117.3

124.1
119.2
129.0
117.2

124.4
119.2
129.5
117.4

125. 6
118.8
131. 9
117.9

126.9
119.2
133.0
121.0

129.2
119.5
133.3
128.3

130.5
120.5
134.0
131.4

Nonmetallic mineral products 9
do...
Clay prod., structural, excl. refractories
do._.
Concrete products
d o . _.
Gypsum products
do.-.
Pulp, paper, and allied products
do__.
Paper
do _ - _
Rubber and plastics products
do...
Tires and tubes
do__.

122.4

126.1

124.8

125.6

125.9

125.8

126.2

123.7
119.2
128.6
116.8
126.7

126.9

127.3

127.3

127.4

128.2

128.4

129.0

130.0

114.2
120.6
106.8
110.1
114.1
109.2
109.2

117.3
125.6
114.7
113.4
116.3
109.3
109.2

116.2
124.5
115.3
112.3
115.7
108.9
108.4

117.2
125.1
114.9
112.8
115.9
108.7
108.4

117.2
125.1
113.4
113.2
115.9
108.8
108.4

117.4
125.3
113.9
113.5
116.2
108.9
108.7

117.5
126.0
115.7
113.7
116.7
109.2
109.5

117.5
126.3
115.2
114.3
116.7
109.5
109.7

118.4
127.2
115.5
114.7
116.8
109.5
109.7

118.8
127.3
115.0
115.0
117.3
109.8
109.7

118.9
127.5
114.8
115.1
117.5
109.8
109.7

120.3
128. 5
117.4
115. 8
117.8
110.0
109. 7

121.5
128.9
115.8
116.5
118.5
110.1
109.3

122.2
129.6
118.1
118.3
119.2
110.3
109.3

123.0
130.8
119.6
119.8
120.2
110.6
109.4

Textile products and apparel 9
Apparel
Cotton products
M a n made fiber textile products
Wool products

do__.
do.__
do__.
do__.
do_._

108.6
112.9
110.6
100.8
93.5

113.6
114.8
121.8
108.0
99.4

112.1
114.1
119.6
106.1
92.0

112.6
114.2
120.5
107.2
93.0

113.3
114.3
121.5
108.0
98.3

113.6
114.4
122.6
108.6
99. 2

114.0
115.1
123.0
108.9
100.0

114.3
115.3
123.6
108.6
102.5

114.8
115.6
124.0
108.6
106.6

115.1
115.9
124.2
109.5
107.1

117.4
116.8
128.2
111.8
119.2

119.0
117.0
130.0
115.2
127.7

120.8
117.7
133.3
118.7
129.8

110.3
114.7

113.7
118.0

113.6
118.0

113.7
118.0

113.8
118.1

114.2
118.5

114.1
118.4

112.9
116.9

113.0
117.0

114.1
118.2

114.2
118.2

114.5
118.6

114.9
119.0

Mlscellaneous products 9
Toys, sporting goods, etc
Tobacco products

112.8
112.6
116.7

114.6
114.4
117.5

114.2
114.5
117.4

114.1
114.0
117.4

114.1
114.1
117.5

114.2
114.4
117.5

114.9
114.5
117.5

114.2
118.5
115.2
114.8
117.5

115.6
116.0
124.8
110.3
108.8
114.2
118.4

116.6
116.5
126.0
111.4
114.5

Transportation e q u i p m e n t 9 - - - D e c . 1968=100.
Motor vehicles and equip
1967=100-

117.5
126.1
116.1
114.1
116.7
109.5
109.7
114.1
115.1
122.8
108.7
101.1
114.2
118.5
115.1
114.5
117.5

115.0
114.9
117.5

115.0
115.0
117.5

115.1
115.1
117.5

115.8
116.2
117.5

117.1
116.5
121.0

117.9
117.1
121.8

118.6
117.2
122.0

$0.878
.824

$0.840
.798

$0.852
.806

$0. 851
.805

$0. 846
.802

$0.842
.800

$0.835
.797

$0.834
.796

$0,832
.792

$0. 833
.790

$0.829
.788

$0. 814
.786

$0. 803
.783

$0. 788
.778

$0. 771
.770

$0. 765
.765

do...
do...
do...

P U R C H A S I N G P O W E R O F T H E DOLLAR
As measured by—
Wholesale prices
Consumer prices

1967=$1.00.
do_..

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE 1
New construction (unadjusted), total 1
Private, total 9
Residential (including farm)
New housing units

mil. $__
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

Buildings (excluding military) 9
Housing and redevelopment
Industrial
Military facilities
Highways and streets
r

8.920

9,629

10,488

10,973

10,914

11,408

11,478

11,560

11,031

10,494

• 9,508

' 9,124

10,046

93,286
53,985
44,625

6,737
3,752
3,131

7,337
4,194
3,390

7,859
4,520

8,234
4,830
3,904

8,281
4,969
4,059

8,526
5, 053
4,140

8,584
5.076
4,212

8,674
5, 045
4,234

8,489
4,944
4,180

8,104
4,679
3,956

• 7,277
• 4,177
3,553

•6,916
• 3,919

3,328

7,547
4,257
3,558

22,479
5,423
11,619

24,036
4,676
13,462

1,840
365
1,005

1,928
382

2,041
393

2,075
416

2,144
415
1,203

2,171
401
1,252

2,221
397
1,274

2,121
399

2,051
420
1,137

1,929
391

1,066

2,017
398
1,132

' 1,862
'360
1,051

3,005

3,283

268

1,155

1,161

2,054
413
1,150

245

296

299

266

282
2,629
941
67
48
83

2,739

856
64
46
83
633

2,292
871
61
48
72
798

122.9

120.4

92.5

91.5

53.1
44.0

29,864

do_
do.
do.
do_
do.

11,397
1,136
572
894
10, 658

2,183

1,088

245

314
307

223

2,882

2,894

2,886

955
73
46
95
1,015

921
94
33
99
1,018

1,042
78
42
84
1,105

1,049
62
44
96
1,094

1,102
73
47
99
1,045

958
71
43
106
915

1,012
77
51
103
717

2,231
• 1,051
66
56
94
579

122.1

121.0

119.8

122.9

124.8

128.0

126.3

132.0

135.7

• 135. 5 138.2

92.3

92.4

91.6

93.7

94.2

96.0

97.1

97.9

101.1

' 102.7

103.6

52.7
43.6

52.3
43.3

52.9
43.7

54.3
44.0

54.3
44.7

55.5
45.9

56.3
46.7

57.1
47.5

57.4
47.5

58.0
'48.3

'59.7
'49.8

60.1
50.0

24.0
4.8
13.2

23.8
4.6
13.4

24.6
4.7
14.1

24.3
4.9
13.5

23.2
4.6
13.0

24.2
4.8
13.4

23.6
4.4
13.5

24.3
4.3
13.8

24.2
4.6
13.4

24.7
4.8
13.7

26.4
5.3
15.1

••26.1
'5.1
'14.9

26.8
5.4
15.1

3.2

2.9

3.3

3.1

3.4

3.2

3.3

3.6

3.4

3.6

3.6

do.

30.4

28.9

29.8

28.6

28.3

29.2

30.6

32.8

29.3

34.1

34.6

'32.9

do_.
do.
do _
do_.
do_.

10.8
.6
.6
1.2
10.3

10.1
.6
.5
1.0
11.2

10.6
.8
.5
1.0
10.9

do.

30,210
11,503
875
531
1,061
10. 457

Revised.
" Preliminary.
d"See corresponding note on p. S-8.
9 Includes data for items not shown separately.
1fData have been revised to reflect the incorporation of new basic data, the change in estimating procedures, the modification of the type of con ^truction classifications for private nonresidential buildings, the inclusion of farm housing in new private housing units, and the


http://fraser.stlouisfed.org/
502-337 O - 73 - S2
Federal Reserve Bank of St. Louis

1,187
307

2,633

Residential (including farm)
do
New housing units
do
Nonresidential buildings, except farm and public utilities, total 9
bil. $_.
Industrial
do
Commercial
do
Public utilities:
Telephone and telegraph
do
Public, total 9

123,496

79,535
43,062
34,860

do.

New construction (seasonally adjusted at annual
rates), total 1
bil. $_.
Private, total 9

109,399

• 2,208

2,390
2,542

1,001
57
45
'96
598

2,499

94

34.1

12.9
.7
.4
.6
.6
1.1
1.3
1.2
1.4
10.0
10.6
11.1
introduction of the results of a survey covering private nonresidential building construction
in the 13 Western States. More detailed information may be obtained from the Bureau of
Census Report C30-70S, available from the Superintendent of Documents, U.S. Government Printing Office (Washington, D.C. 20402).
10.9
1.3
.5
1.4
9.5

11.5
1.1
.5
.9
9.9

12.2
.8
.6
1.0
10.3

13.7
.9
.5
1.0
10.9

11.0

13.7
.9
.6
1.1
11.3

' 14.7
.9
.7
1.2
11.1

SURVEY OF CURRENT

S-10

1972

1972

1971

Unless otherwise stated in footnotes below, data
through 1970 and descriotive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1973

Annual

Mar.

Apr.

May

I June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

8,644

Apr.

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
Construction contracts in 50 States (F. W. Dodge
Division, McGraw-Hill):
Valuation, total
mil. $..
Index (mo. data seas, adj.)-Public ownership
Private ownership
By type of building:
Nonresi den tial
Residential
Non-building construction
New construction planning
(Engineering News-Record) O

80,188

91, 213
1

• 6,323

8, 100

8,067

8,875

8,197

8,225

7,248

6,464

6,795

6,839

154

155

180

187

171

177

163

181

191

193

1,918
4,877
2,420
3,195
1,180

1,717
5, 122
2, 229
3, 277
1,333

2,046
6,599
2,707
4,643
1,294

9,098 i 8,478
165 i

165

159

167

•1,676
• 5,562

1,741
6, 359

2,574 I 2,517
6,524 ' 5,960

2,528
5,538

2,466
6,409

2,017
6,181

1,669
6,557

1,785
5,462

• 2,165
' 3,607
1,466

2, 182
3, 971
1, 947

2,908
4,428
1,762

2,447
4,375
1,655

2,461
3,864
1,741

2,458
4,671
1,746

2,378
4,135
1,684

2,384
4,298
1,544

2,184
3,663
1,402

1,650
4,814
2,212
3,120
1,132

4,231

4, 799

5,000 I 3,894

5,315

4,470

6,489

8,032

7,679

6,102

6,014

7. 600

5,710

205.8
152. 4
203.9
111.4

213.2
155.6
211.6
119.8

227.9
162.7
225.8
135.2

226.2
160.4
223.1
131.9

231.0

2,313
1,310

2, 204
1,215

2,318
1,308

2,130
r
990

2,007
954

1,991
963

496.6

572. 4

49.1
609

53.7
620

131

138

136

135
1,348
1,545
1,436
1,267
1,265

1967 = 100..

i 145

mil. $_.
do

90 QO7

56' 261

24,045
67,169

do
do
do

25, 590
34, 714
19, 883

27,118
45, 366
18, 729

do

65, 578

68,001

2, 084. 5
1.518.5
2,052. 2
1,151.0

2, 378.5
1,732.7
2 356.6
1,309.2

HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total (private and public)
Inside SMS A's
Privately owned
One-family structures
Seasonally adjusted at annual rates:f
Total privately owned
One-family structures

thous..
do
do
do
.

do
do

New private housing units authorized b y building
permits (13,000 permit-issuing places):
Monthly data are seas. adj. at annual rates:
Total'
,'
thous..
One-family structures
do

1, 925
906

Manufacturers' shipments of mobile homes:
Unadjusted
..do
Seasonally adjusted at annual rates
do

r

228.6 !
131.3

204.4
142.9
203.0
120.5

218.2
158.0
216.5
117.0

187.1
137.1
185.7
97.4

152.6
116.2
150.5
73.2

147.4
113.2
146.6
77.1

139. 5
106. 4
138.0
r
73. 6

200. 0
153.2
' 199. 0
' 105. 4

203. 2

206.5
119.1

2,315
1,283

2,244
1,319

2,424
1,373

2,426
1,382

2,446
1,315

2,395
1,324

2,369
1,207

2,497
1,450

• 2,456 ' 2, 248
• 1,372 1,247

2,103
1,191

1,955
923

2,121
989

2,108 i 2,237
1,013
1,031

2, 265
975

2, 216
1,086

2,139
961

947

2,218
1,057

2,191
1,068

• 2, 071
'989

51.8
581

55. 0
586

49. 1
497

54. 4
551

50.7
670

38.0
610

40.7
648

42.9
642

57.0
737

140

141

143

143

1,426
1,670
1,456
1, 349
1,335

1,464
1,696
1,513
1,406
1,372

!
i
j
!

j
j
|
i

207.5

149.8 I 168.2

48.5 !
559 !

202. 9
119.4

1, 793
895

CONSTRUCTION COST INDEXES
Dept. of Commerce composite.-

1967 = 100__

American Appraisal Co., The:
Average, 30 cities
Atlanta
New York
San Francisco
St. Louis

1913 = 100
do
do
do
do

|
j
j
i
|
!

138

129

139

1,375
1,577
1,436
1,306
1,285

1,379
1,577
1,440
1,315
1,285

1,383
1,581
1, 440
1, 319
1, 286

1,258
1,411
1, 359
1,174
1,219

1,
1,
1,
1,
1,

369
563
436
285
286

1, 341

135. 0
133. 9
132. 8

145.4
144.8
145. 8

143.5
113. 1
143.3

140. 5
146.7

155. 2
163. 0

151.5
157.2

152. 1
158. 9

153. 7
161.5

131.

138. 2

200.4
206. 4

188.8
185.4

205. 4
18!). 4

18!). 4 * 18!). 4 ! r 164. 3
206.1
201. 1 i 182.4
252.6 ! 26<J. 6 ! 253.0

1,540
1,435
1,266
1,264

1,359
1,545
1,436
1,267
1,284

1,367
1,545
1, 436
1,267
1,284

1,399
1,588
1,441
1,319
1,318

1,405
1,590
1,443
1,319
1,320

1,407
1,592
1,443
1,319
1,320

i

Associated C.eneral Contractors of America. Inc., I
The (building only) d"-.
1(67= 100__ i Boeckh indexes:
i
Average, 20 cities:
i
Apartments, hotels, office buildings
1967-=100.. j
Commercial and factory buildings
do
j
Residences
do
!
Engineering News-Record:
j
Building
1967 = 100.. !
Construction
do
j
Federal Highway Adm.—Highway construction:
j
Composite (avg. for year or qtr.)
1967 = 100
|

144.6 !
144.2 !
145.0 i

1 146.6 I
J 146.1 j
__! 147.3 j

148.6
148.3
149.8

148.3
147.9
149.5

146.9
148.6

151.6
152.6
156.3

156.4 j
165. 4 j

157. 9
166. 2

158. 4
167.0

160.1
168.3

161.4
169.0

163. 2
171.1

213. 4
195. 7

195. 1
191.0

207. 8
187.0

185.4
193. 7

157.8
180.3

170.0
180.4

197. 3 i r 183. 7 j r 193. 2 r 175. 8
208.5 i 194.8 1 211.7
192.0
304.5
264.2 j 275.4 j 198.6

156.7
163.4
144. 2

168.3
190. 6
143.3

187.6
118. 5

12.6
162
16.4
207

9.7
131
12.0
194

9.4
124
15.5
OOO

8.2
100
15.3
217

9.2
93
18.4
201

6.3
6.8
15. 9
169

00
627. 34 643. 05 ! 635. 16 I 750. 10 j 585. 28 I 598.592.11
609. 78 85-f. 60 I 672. 96 ! 771. 98 | 758.57 J 737. 74

435.11
731. 77

577. 47
687. 68

396.44
630.43

462.88
599. 05

374.25
618.02

7, 045

7, 245

7,979

7,831

7, 944

8,420

9, 429

4,522

155.0 i
163.9 i

155. 8
164. 9

164. 9
171. 2

167.3 2 168. 0
173.7 2174. 4

CONSTRUCTION MATERIALS
Output index:
Composite, unadjusted 9
Seasonally adjusted

1947-49 = 100
do.

Iron and steel products, unadjusted
Lumber and wood products, unadj
Portland cement, unadjusted

do
do
do

REAL ESTATE?

175.7
j
|
j

163.8
182.7
209.0

175.0
1<>3. 9
219. 3

185.3
209. 0
192. 8

176. 1
192. 7
205.1

366.8

225. 2

217. 'J

20 6
227

209.2

27 9
264
20. 0
209
798.12
717.71

653. 6!)

Home mortgages insured or guaranteed b y Fed. Hous. Adm.: Face amount
mil. $..110,374.54 ;, 067. 06
Vet. Adm.: Face amount§
do
6,065. 83 ',419.86
Federal Home Loan Banks, outstanding advances !
to member institutions, end of period
mil. $.J

7,936

New mortgage loans of all savings and loan associations, estimated total
mil. $..! 39,485
By purpose of loan:
!
Home construction
do
j 6,835
Home purchase
do
! 18,810
All other purposes
..do
! 13,840

Fire losses (on bldgs., contents, etc.)t
r

number.
mil. $_.

7, 979
51,408

3, 910

213

18.5
198

20.4
221
20. 3
219

17.2
19.5
224 I 207
17.3 ! 19. 2
200 j 202

14.0
166
15.9
192

5,913

5,853 ! 6,075 i 6,138 I 6,295 j

3,819

4,603 I 5,449 [ 4,572 j

5,379 j 4,689 j

836
2,276
1,491

872 j
743
2,920 ! 2,515
1,657 i 1,314

8,553
26,615
16,240

712
1,861
1,337

707
1,819
1,293

116,698

132,335

11,952

10,095

2,316

2,304

241

193

12,731 1 12,469

Revised.
p Preliminary.
1 Computed from cumulative valuation total.
2 rndex
as of May. 1, 1973: Building, 169.1, construction, 175.0.
© D a t a for Mar., June. Aug., and
Nov. 1972 and Mar. 1973 are for 5 weeks; other months, 4 weeks.
9 Includes data for items
not shown separately.
§I)ata include guaranteed direct loans sold.
d"New base; com-




205. 6 ! 185. 9
' 191.9 I 194.3

I

Mortgage applications for new home construction:
FI1A net applications
thous. units. J
Seasonally adjusted annual rates
do
!
Requests for VA appraisals
do
|
Seasonally adjusted annual rates
do_.

Foreclosures

r

193 ;

187

6,736

12.3
147
15.7
189

4,393

4,591

3, 702

3,710

p 4,974

803
3,087
1,489

739 i
761 1
714
2,587
2,423 j 2,307
1,363
1,338
1,372

667
2,167
1,757

'"590
1,970
1,142

614
2,019
1,077

887
2,683
1,404

10,533

11,124

10,735 ! 10,834 | 10,857

10, 382

188

184

218

213

178

182 I

164

194

parable data for earlier periods will be shown later.
If Home mortgage rates (conventional
1st mortgages) are under money and interest rates on p. S-17.
t Beginning Jan. 1970, data
include estimates for uninsured lire losses and are not comparable with those for earlier
periods. Revised monthly data back to 1970 are available upon request.

SURVEY OF CURRENT BUSINESS

Mav 1973
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
In the 1971 edition of BUSINESS STATISTICS

1971

1972

Annual

S-ll

1972
Apr.

Mar.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

DOMESTIC TRADE
ADVERTISING
McCann-Erickson national
seasonally adjusted:f
Combined indext
Television (network)
Spot TV
Magazines
Newspapers

advertising

index,

1957-59=100..
do
do.___
do
do—

199
233
302
175
141

219
262
340
186
151

205
244
327
178
134

215
257
335
181
149

216
253
349
187
147

214
247
338
187
148 i

214
264
321
186
142

219
267
310
187
162

225
281
360
183
146

228
275
348
184
169

233
272
377
195
162

242
287
410
192
163

238
275
418
187
164

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_._

1,251.4
47.0
111.3
19.2
158. 6
108.1

1, 297.7
44.4
119. 8
23.2
148.2
115.2

107.4
4.3
11.3
2.5
12.2
10.4

121.0

128.9

109.0 l
1.7 I
12.2 j
2.2
13.3
10.6

83.8
1.2
8.4
1.3
10.5

78.1
3.7
5.0
.9
11.2
6.3

117.0
6.4
8.4
2.2
12.1
8.9

136.5
5.0
15.1
2.1
13.5
11.8

138.5
4.1
11.7
2.1
13.6
13.7

111.2
3.5
6.8
1.0
11.5
9.7

72.5
1.7
5.9
1.0
9.3
5.0

89.6
2.2
8.8
1.7
11.7
8.6

109.8
4.9
11.3
2.8
12.1
8.0

88.2
64.0
33.1

91.0
76.7
29.7
20.6
116.2
512.7

5.6
5.9
2.6
1.7
8.5
42.3

8.5
6.2
2.4
1.7
9.6
40.5

6.4
4.6
1.6
1.6
9.8
29.8

4.7
3.4
2.3
1.4
8.6
30.5

6.7
7.6
3.3
1.8

10.2
10.2

11.3
48.1

11.1
53.2

11.4
9.5
3.0
1.9
11.4
56.0

14.8
4.9
1.9
1.3
11.3
44.6

3.4
2.9
1.9
.9
7.2
33.4

3.7
3.8
1.6
1.4
8.1
38.0

5.1
6.5
2.5
2.0
8.3

273.4
7.4
76.7
6.3
30.0
153. 0

281.2
10.5
74.3
8.3
40.2
147. 9

6.0

3.8

11.6

14.4

13.4
10.4

14.4

7.4
8.5
2.4
2.3
8.7

8.3
9.8
3.8
1.7
8.8

46.9

50.7

313.7
10.8
76.1
10.9
44.8
171.1

332.6
9.2
83.7
12 2
50.7
176.8

324. 6
10.4
81.4
9.9
48.2
174.7

280.4
310.3
7.6
8.3
82.6
79.3
11.5 i 10.2
43.6 I 30.4
167.6 1 149.7

333.7
8.2
82.9
11.6
50.6
180.3

339.1
8.8
72.8
9.4
50.5
197.6

306.4
5.9
64.4
9.8
35.4
190. 9

279.6
6.9
79.8
13.6
36.4
143.0

274.1
7.8
76.9
8.3
37.3
143.9

298,199
138,446
159,753

24,938
11,567
13,371

23,014
10,977
12,067

25,290
11,898
13,392

25,389 23,491 26,654 25,555 i 26,823
12,127 ! 11,085 12 552 I 12,092 | 12,604
13,262 ! 12,406 I 14,102 I 13,463 | 14,219

27,154
12,301
14,853

26,089
11,557
14, 532

26,326
11,856
14,470

25,562
11,699
13,863

29,654
13,683
15,971

28,828
16, 987
11,841

31,895
18,672
13, 223

29,289
17,412
11,877

29,608
17,740
11,868

29,669
17,855
11,814

29,648 ! 29,901 i 29,868 I 30,367 j 31,255
18,003 j 18,332 j 18,098 18,166 I 18,250
11,646 I 11,569 11,769 12,201 ! 13,005

31,665
18,471
13,194

31, 895
18, 672
13,223

32,865
18,970
13,895

33,171
19,139
14,032

33,345
19,407
13,938

mil.
do
do
do
do

408, 850

448,379
149,659
88, 612
81, 521
7, 091

39,790
13,229
7,775
7,136
639

47,004

131,814
78,916
72, 538
6,378

13, 725
7,274
6,624
650

35,768 34,977 41,272 i40,831
12,154 12,284 14, 868 !14,551
7.504 •-7,612 '9,371 2 8,951
8,744
7,019 ' 7,143
627
' 469
485

do
do
do

! 18,560
| 11,004
j 6,221

21,315
12,550
7, 029

1,673
1,021
516

1,595
969
508

1,689
1, 034
530

1,770 !
1,101 I
544 !

1,466
1,176
290
23,962
1,734
365
665
317

1,544
1,226
318
23,294
1,665
390
626
294

1,731
1,356
375
24, 868
1,769
419
683
304

1,841 !
1,460 !
381 !

1,141
2,699
7,588
7,069
2,457

1,197
2,894
7,937
7,389
2,608

1,195
3,022 ;
8,173 !
7, 592
2,6-15

3,063
8,092
7,492
2,752

1,222
3,127
8,100
7, 494
2, 758

5,496

6, 002

5,977

5,660

5,501
5, 037
3, 688
3,348
388
352
620
580
751
709
36, 296 37,141
11,976 I 12,280
7,067 I 7,302
6,490 6,719
577
583

5, 493
3, 739
344
6 Ifi
774
36,822
12,253
7, 266
6,704
562

5,208
3,486
336
584
803
37,342

Beer, wine, liquors
.
do._.
ITousehold equip., supplies, furnishings. _do._.
In dustrial materials
do. - _
Soaps, cleansers, etc
do.. _
Smoking materials
do.-.
Allother
do...
Newspaper advertising expenditures (64 cities): ©
Total*
mil. $.
Automotive
deClassified
do.-Financial
do.. .
G oncral
do-..
Retail
do.. .

17.8
118.2
486.0

3, 208. 2 3,648. 6
102. 5
100.8
914. 9
751.7
122.1
103.1
504.4
445. 4
1,807.3 2,004. 7

3.3

3.5
9.8

I

2.4
1.7

WHOLESALE TRADE
Merchant wholesalers sales (unadj.), totaL.mil. $.. 267,357
Durable goods establishments
d o — 122,420
Nondurable goods establishments
do — 144,937
Merchant wholesalers inventories, book value,
end of year or month (unadj.), total
mil. $__
Durable goods establishments
do
Nondurable goods establish in ents
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
Furniture, homefiirnishings stores
Household appliance, T V , radio
Lumber, building, hardware group
Lumber, bldg. materials dealersd*
Hardware stores
Nondurable goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations

36,220 j 35,389
12,258 12,095
7,372
7,582
6,782
7,020
590
562

do..
do_.
do..
do_.
do..
do..
do_.
do_.

17,378
13, 733
3, 645

20, 064
15,973
4, 091

277, 036
20. 804
4, 727
8,193
3,532

298, 720
21, 993
5,198
8,386
3,774

do..
do..
do_.
do_.
do.

13,736
31,131
8 239
82, 793
29, 163

14,523
33,891
<>5, 020
88, 340
31,044

1,157
2,693
7,870
7,334

74, 903

5,673

68, 936
46,302
4,997
7,756
9, 215

5,151
3,367
419
600
743
36, 450
12,087
7,073
6,464
609

General merchandise group with non- j
stores 9
mil. $._ I 68,134
General merchandise group without non- !
stores 9 §
mil. $_ - 62, 242
42, 027
Department stores
do
4, 301
Mail order houses (dept. store mdse).do
6, 972
Variety stores
do
8,773
Liquor stores
do
Estimated sales (seas, adj.), total %
do
j
Durable goods stores 9
do
I
Automotive group
do
I
Passenger car, other auto, dealers
do
Tire, battery, accessory dealers
do..

38,164 I 38,730
13,296 13,735 !j
8,372
8,162
7,716 I
7, 539
656 i
623

1,748 I
1,743
1,016
1,044
578 |
583
1,562
1, 592
1,622
Lumber, building, hardware group
do..
1,246
1, 250
1,270
Lumber, bldg. materials dealerscf
do..
342
316
352
Hardware stores..
do..
' Revised.
» Data for Sept.-Dec. 1970 are as follows (mil. $): 256.2, 279.5, 309.5, 264.4;
7.0,9.0,
7.1, 5.6; 58.6, 60.1, 58.0,46.1; 8.9,10.2, 7.8, 8.8; 37.9, 42.6,48.5,30!6; 143.9,157.6,188.1,173.2.
2
Advance estimate. ©Source: Media Records, Inc. 64-City Newspaper Advertising
Trend Chart.
*New series. Beginning Jan. 1971 the series was revised to reflect trends in
newspaper advertising expenditures in 64 cities instead of linage in 52 cities as formerly published.
J Revised to reflect new sample design, improved techniques, and new information
from the 1967 Census of Business; revisions for periods prior to Oct. 1970 appear on p . 55 fT.
Furniture and appliance group9
Furniture, homefurnishings stores
Household appliance, TV, radio




do..
do..
do..

1,780
1,058
568

24,995
1,739
432
653

298

36,961 | 37,994
12,624 12,785
7,486 ! 7,406
6,869 | 66.7770
7
617
636
1,749
1,001

1,837
1,465
372
i 24,337
i 1,580
i
371
••
605
267
;

1 1,163

12,468
7,399
6,821
578

1,735 I 1,781
1,051 j 1,026
527 j

607

37, 522 39, 014
12,501 j 13,569
8,043
7,192
6,592 | 7,396
647
600
1,863
1,107
599

1,959
1,166
623

2,330
1, 235
854

1,789 ' 1,754 ' 1,939 2 1,850
1,169
1,044 ' 1,058
' 563
619
595

1.&24
1,567
7
25,445
1,923
445
737
340

1,759
1,398
361
26,561
2,055
504
777
351

1,664
1, 212
452
33, 279
3,177
827
1,197
480

1,767
1,458 '1,470
1, 428
1,188 ' 1,198
••272
339
270
2
23,614 22,693 •26,404 26, 280
1, 608 '1,460 '1,834 2 2,118
401
'339
424
r
708
585
595
349
283
'247

1,184
2, 943
8, 253
7, 676
2, 606

1,189
2,902
7,862
7, 293
2, 686

1,201

1,668
2, 910
8, 948
8,321
2, 724

1,205
2,715
7, 995
7,468
2, 589

'
'
'
'

1,151
2,623
7,646
7,106
2,474

1,241
'2,980
' 8,788
' 8,202
' 2,730

2

2, 782
7, 991
7,441
2,668

6, 224

6,151

6, 540

7,487

10,755

4,999

'4,933

'6,277

2 6,658

5, 735
3,787
444
638
760

5,628
3,835
389
610
749

37,969
12,842
7,723
7,104
619

37, 746

12,614
7,503
6,888
615

5, 985
4,006
505
623
757
39,106
13,168
7, 853
7,195
658

6,887
4,622
660
698
779
38,713
13,173
7, 825
7,215
610

10, 243
7, 098
564
1,304
1,069
39,417
13,640
8,300
7,729
571

1,797
1,040
613

1,750
1,034
580

1,846
1, 093
602

1,846
1,093
591

1,808
1,048
601

1,817
1,070
607

1,760
1 (P2
595

1,952
1,883
1, 590
1,541
362
342
25,209 j 25 021 J
1,759 j 1,846
389
401
667 j
708
317
361

r

1,202
2 2,984
2 8,010
2 7,452
2 2,752

2
6,156
4,572 ' 4, 469 ' 5,757
3, 076. ' 2,961 ' 3,851 2 4,152
486
322
'361
614
492
'496
751
692
'667
41,242 41,939 2 41,328
40,707
14,234 14,405 14,628 214,356
8,766
8,507 '8,575
8,111
7,904 ' 7,945
655
603
'630

1,962 ' 2, 021
1,145 '1,215
640
'659

2,026
1,195
669
1,960
1,559
401

1,711
1,915 '1,937
1,747
1,679 | 1,714 | 1,746
1,379
1,545 ' 1,556
1,427
1,362 | 1,406
1,390
'381
332
370
357
341 I
352 |
340
353
of the Dec. 1971 SURVEY (complete details appear in the Census Bureau Monthly Retail
Trade Report, Aug. 1971 issue). 9 Includes data for items not shown separately.
tFormerly Marketing/Communications advertising index. Series revised in June 1971;
comparable 1970 monthly data are in the SURVEY for that month (no comparable earlier data
are available).
c? Comprises lumber yards, building materials dealers, and paint, plumbing, arid electrical
stores.
§Except department stores mail order.
1,605

1,263

342 I

1,338 j

SUEVEY OF CUEKENT BUSINESS

S-12
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1971

May 1973
1973

1972

| 1972
Mar.

Annual

Apr.

May-

June

July

AUK.

Sept.

Oct.

Nov.

Dec.

25,777
1,"

Jan.

Feb.

Mar

Apr.

DOMESTIC TRADE—Continued
RETAIL TRADEf—Continued
H retail storesf— Continued
Estimated sales (seas, adj.)—Continued
Nondurable goods stores 9
mil. $.
Apparel group
do._.
Men's and boys' wear stores
do___
Women's apparel, accessory stores._.do._.
Shoe stores
do
Drug and proprietary stores
Eatingand 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
Mailorder houses (dept.storemdse.Jdo
Variety stores
do
Liquor stores
do
Estimated inventories, end of year or month: J
Book value (unadjusted), total %
mil. $_.
Durable goods stores 9
do
Automotive group
do"_~
Furniture and appliance group
do
Lumber, building, hardware group, .do
Nondurable goods stores 9
do
Apparel group
do
Food group
do
General merchandise group with nonstores
mil. $..
Department stores
do
Book value (seas, adj.), total J
do
Durable goods stores 9
do
Automotive group
do
Furniture and appliance group
do
Lumber, building, hardware group.__do
Nondurable goods stores 9
do
Apparel group
do
Food group
do
General merchandise group with nonstores
mil. $__
Department stores
do
Firms with 11 or more stores: t
Estimated sales (unadj.), total9

50,889
23,152
11,384
3,557
3,219

24, 363
1,767
41r
671
290

24,320
1,834
445
673
310

24,86
1,846
438
706
317

24,569
1,788
429
683
294

24,87<
1,801
433
695
299

25,127
1,813
438
699
300

25,132
1,836
433
701
31,

25,938
1,947
468
718
350

1,178
2,814
7,720
7,190
2,534

1,20!
2,763
7,795
7,265
2,489

1,208
2,785
7,985
7,449
2,534

1,218
2,801
7,832
7,279
2,500

1,204
2,818
7,956
7,372,577

1,246
2, 7!)""
8,039
7,457
2,622

1,204
2,830
8,00£
7,43*
2,61

1,226
2,873
8,209
7,637
2,686

25,54C
i,89:
44!
71(
344
1,250
2,913
8,134
7,570
2,681

730
347
1,236
2,957
8,071
-7,503
2,713

26,473 26,837 27,311
1,949 ' 2,012 2,179
476
"471
508
••788
741
820
'348
349
405
1,246 ' 1,254
3,05' ' 3,057
8,476 ' 8,409
7,894 ' 7,800
2,714 '2,821

1,260
3,094
8,427
7,834
2,777

6,088

6,025

6,246

6,143

6,267

6,288

6,33c

6,548

6,354

6,362

6,590

'6,753

7,103

5,546
3,664
406
632
800

5,533
3,643
396
671
769

5,731
3,838
423
649
766

5,632
3,792
638
776

5,801
3,899
422
643
785

5, 77 2
3,845
439
654
775

5,858
4,007
425
634
76'

6,065
4,092
457
663
800

5,833
3,937
442
643
763

5,884
4,008
391
671
740

6,095
4,101
442
703
759

' 6,223
'4,212
'456
'681
'795

6,598
4,442
502
731
791

53,324
24,572
12, 214
3,652
3,509

54,037
24,929
12,343
3,732
3,574

54,299
25,087
12,416
3,735
3,612

53,697
24, 701
12, 084
3,69f
3,568

52,794
23,592
U , 083
3,691
3,543

51,693
21,749
9,169
3,672
3,535

53,187
22,45
9,845
3,750
3,561

55,075
22,984
10,165
3,803
3,574

56,816
23,908
10,707
3,923
3,646

53,283
23,782
10,950
3,746
3,631

53,605
24,078
11,222
3,754
3,692

55,168 56,991
24, 839 25,574
11, 845 12,346
3,816
3,766
3,910
3,809

30, 736 32,091
5,04
5,188
5,645
5,893

30,329
4,616
5,731

393

27,737
4,397
5,507

53, 283
23, 782
10, 950
3,746
3,631
29, 501
4,556
5,859

28, 752
4,'
5,486

29,108
4,674
5,510

29, 212 28,996
4,596
4,509
5,557 5,538

29,202
4,598
5,563

29,944
4,834
5,631

32,908
5,302
6,030

29,501
4,556
5,

29,527
4,354
5,728

11,062
6,613

11, 784 11, 888
7,075
7,132

12,065
7,232

12,158
7,344

12,106
7,273

12,153
7,203

11,784
7,075

52,261
23,808
11, 772
3,604
3,312

54, 700 52,639
24, 442 23,674
11,324 11,436
3,670
3,791
3, 732 3,433

52,814
23,740
11,387
3,684
3,467

53,402
23,915
11,412
3,709
3,507

53, 293
23,665
11,086
3,703
3,508

52,940
23,194
10,596
3,725
3,529

12,54 L 12, 981 13, 680 14,132
7,763
7,469
8,759
53,107 53,661 53,934 54,658
23,037 23,608 23, 675 24,235
10,407 10, 937 10, 918 11,247
3, 690 3, 743 3,714 3,761
3,579 3, 615 3,628 3,705

54,700
24,442
11,324
3,791
3,732

12, 628 13,293
7,470
7,949
55, 526 56,039 56,197
24,472 24, 638 24,538
11,335 11,522 11,435
3,835
3,851
3,886
3,826
3,764 3,824

28,453
4,580
5,442

30, 258 28,965
4,746
4,627
5, 790 5,486

29,074
4,660
5,510

29,487
4,666
5,557

29, 628
4,673
5,560

29,746
4,726
5,597

30,070 30,053
4,753: 4,777
5,714
5,734

30, 259 30,423
4,835 4,860
5,800 5,815

30,258
4,746
5,790

31, 054 31,401
4,722 4,818
5,r~
5,815

11, 753
7,035

12, 521 12,089
7,527 7,226

12,133
7,276

12, 293 12,462
7,411
7,545

12,380
7,380

12,561
7,499

12,446
7,443

12,388
7,485

12,590
7,710

12,521
7,527

13,095
7,818

13, 356 13,518
8,054
7,955

137, 650 10,839
6,055
496
782
62
2,194
178
1,737
144
5,246
396
2,887
245
1,902
137

10,502

11, 220 11,430

10,892

11, 465 11,661

11,826

12,814

16,906

10,482

10,162

12,404

487
68
177
135
427
267
156

472
67
171
129
441
267
164

410
50
153
111
417
278
152

487
51
180
144
445
274
165

532
59
189
178
431
230
156

545
66
194
169
431
229
171

584
75
213
176
442
222
168

910
126
335
246
695
240
221

405
53
141
126
420
228
160

'383
'40
'152
'115
'407
'222
'154

527
57
196
167
449
260
188

8,630

3,878

3,830

4,946

6,240
1,075

2,721
39i

3,609
2,629
393

4,676
3,431
494

31,417
4,834
5,892

12,097
7,200

31,659
4,858
5,892

do._.

125,607

Apparel group 9
do...
Men's and boys' wear stores
doll.
Women's apparel, accessory stores
do...
Shoe stores
__ _
do
Drug and proprietary s t o r e s . . . L l H H I ' I ' d o "
Eating and drinking places
..do
Furniture and appliance group
IdoII.

5,741
750
2,123
1,498
4,693
2,735
1,600

General merchandise group with nonstores 9
mil. $.
General merchandise group without nonstores §
mil. $..
Dept. stores, excl. mail order sales
do
Variety stores
do

52,092

58,113

4,310

4,218

4,626

4,635

4,385

4,814

4,800

5,096

5,904

49,008
36,544
5,398

55,100
40, 795
6,191

4,036
2,938
467

3,989
2,946
458

4,371
3,246
490

4,393
3,307
493

4,165
3,102
465

4,578
3,365
503

4,531
3,400
486

4,785
3,533
500

5,1
4,082
568

45,235
1,955

49,206
2,094

4,118
179

178

4,049
181

4,206
200

4,122
191

4,315
171

4,090
186

4,243
141

4,032
'134

4,728
182

11,085

11,412

11,268

11,592

11,660

12,202

4,232
188
11,944

4,727
198

10,987

4,114
178
11,449

11,830

12,477

12,503

12,844

491
59
185
137
450
249

511
63
183
154
443
228

551
66
189
179
455
223

531
63
194
167
460
240

528
62
188
165
451
243

544
64
197
170
481
252

'574
'59
'226
'172
'472
'260

624
74
227
197
463
267

Grocery stores
_ do__
Tire, battery, accessory dealers
IZIIIIIdoI.II
Estimated sales (seas, adj.), total90
do.

458
63
159
130
396
227
141

Apparel group 9
do
Men's and boys' wear stores
do_
Women's apparel, accessory stores
.do
Shoe stores
do_
Drug and proprietary stores...".""]
do"
Eating and drinking places
do
General merchandise group with nonstores 9
_ m i l . $_
General merchandise group" without nonstores §
mil. $.
Dept. stores, excl. mail order sales., do
Variety stores
do

4,612

4,593

4,828

4,737

4,817

4,846

5,147

5,008

5,023

5,242 '5,331

5,547

4,351
3,200
499

4,332
3,175
506

4,568
3,388
511

4,481
3,310
515

4,604
3,413
521

4,597
3,379
516

4,724
3,534
513

4,874
3,627
529

4,748
3,519
517

4,798
3,554
544

3,672
567

5,076
3,750
546

5,292
3,899
578

Grocery stores
do
Tire, battery, accessory "dealers"!."!—IllIdo"

3,918
190

4,034
170

4,115
169

4,060
169

4,151
165

4,223
187

4,133
182

4,384
191

4,288
177

4,139
166

4,480
185

4,335
'184

4,378
193

23, 514
7,753
15, 761
9,385
14,129

25, 068 21,900
8,115
7,359
16,953 14,541
10, 090 8,865
14,978 13,035

22,049
7,439
L4, 610
9,026
.3,023

22, 502
7,640
4,862
9,449

22,486
7,809
14,677
9,452
13,034

22,094
7,687
14,407
9,124
12,970

22, 288
7,805
14,483
9,163
13,125

22,808
7,966
.4,842
9,442
3,366

23,061
8,010
15,051
9,664
13,397

23, 563
7,942
15, 621
9,653
13, 910

25,068 24,143 23, 732
8,115
7,845
7,809
16,953 16,298 15,923
10, 090 9,417
\ 316
14, 978 14, 726 14,416

22, 046
7,580
14,466

23, 518
7,940
15, 578
9,671
13, 847

22,504 22, 714
7,606
7,714
L4, 898 L5,000
9,238
9,163
.3,341 .3, 476

23,031
7,781
.5,250
9,429
3, 602

23,139
7,757
15,382
9,530
L3,609

23, 364
7,847
15,517
9,524
13,840

23,518 23, 669 24, 010
7,940
8,053
8,109
15, 578 15, 616 15,901
9,567 9,731
9,671
13, 847 .4,102 14, 279

All retail stores, accts. receivable, end of yr. or mo • <?
Total (unadjusted)
mil $
Durable goods stores _ _ __ _ _ _do__I
Nondurable goods stores
do
Charge accounts
__
_ ~~~
do
Installment accounts
do
Total (seasonally adjusted)
Durable goods stores..
Nondurable goods stores
Charge accounts
Installment accounts

! iy

_

do
do
do
do
do _"

483
69
179
126
413
246

13, 060

502
72
180
138
432
252

495
71
172
142
429
229

22, 249 22,305
7,633
7,603
4,616
4, 702
9,128
9,128
3,121
13,177

L3,053

22, 593 22,494
7,718
7,649
4,875 14,845
1,323
9,252
3, 270 13,242

estimate
fSee note marked " J " on p. S-ll.
{Series revised
^ 1 ^ 1968"71 A n n u a l R e t a i l T r a d e R e P ° r t s < C e n s u s
S S T r o v k S rt 1
of seasonal factors for all lines of trade; description of revisions
and revised data appear on p. 55 ff. of the Dec. 1971 SURVEY (1968-69) and pp 24-25 of the
r e c a l c i l l a t^l o n^




473
65
177
122
451
249

493
67
180
132
431
259

126,972

Oct. 1972 SURVEY (1970-71).
9 Includes data not shown separately.
§Except department
stores mail order.
cfSee note marked "J" on p. S-ll; data prior to Feb. 1971 will be shown
later.
©Revised data (seas, adj.) back to Jan. 1971 appear in the Census Bureau Monthly
Retail Trade Report, Dec. 1972 issue.

SURVEY OF CURRENT BUSINESS

May 1973
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1972

1972
Mar.

Annual

S-13

Apr.

May

June

July

1973

Aug.

Sept.

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.

1

207. 04

i 208. 84

208.31

208.44

208. 56 208.71

208.84

208.98

209.13

209. 29 209. 44

209.58

209.72

209.83

209.92

210.04

86, 929
84,113
79,120
3,387
75, 732
4,993

88, 991
-9 86, 542
2 81, 702
3,472
2 78, 230
2 4, 840

87,914
85,410
80,195
3,094
77,101
5,215

87, 787
85,324
80,627
3,287
77,339
4,697

87, 986
85,567
81,223
3,531
77,692
4,344

90, 448
88,055
82,629
3,976
78,653
5,426

91,005
88,617
83,443
4,061
79,383
5,173

90,758
88,362
83,505
4,031
79,475
4,857

89,098
86,693
82,034
3,658
78,376
4,658

89,591
87,176
82, 707
3,721
78,986
4,470

89,400
86,969
82,703
3,363
79,340
4,266

89,437
86,997
82,881
3,163
79,719
4,116

88,122
85,718
81,043
2,955
78,088
4,675

89,075 2 89,686
86,683 87,325
81,838 2 82,814
2,056
3,131
78,882 79,683
4,845
4,512

89,823
87,473
83,299
3,295
80,004
4,174

86,264
81,216
3,460
77,756
5,048
1,209

86,184
81,209
3,313
77,896
4,975
1,143

86,431
81,458
3,338
78,120
4,973
1,157

86,554
81,752
3,331
78,421
4,802
1,139

86,597
81,782
3,443
78,339
4,815
1,151

86,941
82,061
3,610
78,451
4,880
1,170

87,066 87, 236 87,023
82, 256 82,397 82,525
3,658 3,556
3,579
78,677 78, 739 78,969
4,498
4,839
4,810
1,068
1,117
1,134

87,267
82, 780
3,650
79,130

86,921
82,555
3,501
79,054

87,569
83,127
3,421
79,703

4,487
1,001

4,366
919

5.8
4.2
5.4
16.7
5.3
9.3
2.9
3.3

5.8
4.1
5.7
15.7
5.2
10.3
2.8
3.5
6.7
5.9
11.1
6.0
6.2

5.5
4.0
5.6
14.9
5.1
9.2
2.9
3.2
6.5
5.6
9.6
5.7
5.8

5.6
3.9
5.7
15.5
5.0
10.0
2. 7
3.4
6.5
5.7
10.7
5.6
5.7

5.6
3.9
5.5
16.7
5.1
9.7
2.6
3.5
6.4
5.8
11.0
5.5
5.2

5.2
3.5
5.0
15.6

5.1
3.4
5.1
15.7

5.0
3.3
5.3
14.3

5.1
3.4
4. 9
15.8

5.0
3.4
4.9
14.2

5.0
3.4
4.7
15.4

4.6
10.1
2.5

4.6
9.6
2.4

4.6
8.9
2.4

4.6
9.0
2.4

4.4
9.0
2.5

4.5
9.1
2.4

3.1
5.8

3.3
5.6

3.2
5.6

3.0
5.7

2.9
5.4

3.1
5.4

5.1
9.0
5.0
4.6

5.1
8.7
4.5
4.3

4.9
8.5
4.6
4.5

4.9
9.4
4.3
3.8

LABOR FORCE §
Labor force, persons 16 years of age and over__thous_
Civilian labor force
do_._
Employed, total
do___
Agriculture
do. -.
Nonagricultural industries
do__.
Unemployed
do...
Seasanally Adjusted
Civilian labor force.
do
Employed, total
do
Agriculture
do
Nonagricultural industries
do
Unem ployed
do
Long-term, 15 weeks and over
do
Rates (unemployed in each group as percent
of total in the group):
All civilian workers
Men, 20 years and over
Women, 20 years and over
Both sexes,16-19 years
White
Negro and other races
Married men
Occupation: White-collar workers
Blue-collar workers
Industry of last job (nonagricultural):
Private wage and salary workers
Construction
Manufacturing
Durable goods

1,181

1,158

5.9
4.4
5.7
16.9

5.6
4.0
5.4
16.2

5.4
9.9
3.2

5.0
10.0
2.8

3.5
7.4

3.4
6.5

6.2
10.4
6.8
7.0

5.7
10.3
5.6
5.4

5.9
4.2
5.5
17.4
5.3
10.4
2.8
3.4
6.9
6.1
9.9
6.2
6.2

70,645
57,790

72, 764
59,475

71,393
58,002

71,979 72,612
58, 592 59,182

73,463
60,152

70,645
57,790
39, 262
22, 542
602
3,411

72,764
59,475
40,541
23,061
607
3,521

72,011
58,830
40,145
22,811
614
3,512

72, 246
59,028
40, 238
22, 888
605
3,493

72, 592
59,318
40,426
23,031
604
3,535

18, 529
10,565
192
581
458
634
1,227
1,328
1,805
1,768
1,724
437
410

18,933
10.884
188
612
493

18,685
10,673
182
606
483

7,964
1,758
76
957
1,336
684
1,071
1,008
191
581
302

8,049
1,751
72
991
1,335
697
1,080
1,002
190
627
304

48,103
4,442
15,142
3,809
11,333
3,796
11,869
12,856
2,664
10,191

49, 704
4, 495
15, 683
3, 918
11,765
3,927
12,309
13,290
2,650
10,640

18,790
10,755
185
610
486
651
1,215
1,360
1,824
1,805
1,747
447
425
8,035
1,756
77
984
1,344
691
1,076
996
191
615
305
49, 358
4,481
15,561
3, 894
11,667
3, 892
12,206
13, 218
2, 664
10, 554

18,892
10, 837
186
610
488
660
1,228
1,370
1,848
1,818
1,754
452
423
8,055
1,755
76
988
1,334
700
1,080
1,002
190
621
309
49, 561
4, 490
15,632
3, 914
11,718
3, 913
12,252
13, 274
2,665
10, 609

5.8
10.7
5.8
5.8

5-. 5
3.9
5.5
15.4
5.0
10.0
2.8
3.5
6.0

2 88,268 88,350
" 83,889 83,917
3,311
3,480
80,409 80,606
4, 442
4,379
4,433
763
859
895

5.5
3.8
5.4
16.2
5.0
10.0
2.8
3.4
6.0
5.6
9.8
5.1
4.8

5.6
10.3
5.1
4.5

5.3
10.5
4.6
4.2

5.2
9.8
4.4
3.9

72,469
59,720

72, 975 73,519
60,295 60,366

74,118
60,606

74,449
60,804

74,778
61,071

73,343 '73,724 '74,255
59,772 '59,993 '60,474

74,826
61,037

72,699
59,475
40, 544
23, 081
600
3,550

72,661
59,382
40, 521
22, 949
599
3,489

72,984
59, 667
40,737
23, 076
602
3,544

73,176
59,811
40, 782
23,186
606
3,551

73,589
60.192
40,973
23,397
610
3,568

73,899
60,438
41,114
23,457
609
3,524

74,026
60,522
41,103
23,478
607
3,452

74,245
60,764
41, 295
23,581
610
3,502

•74,725
•31,188
41,610
• 23,785
'613
' 3,594

'74,933
'61,370
'41,743
'23,847
'611
' 3,609

75,042
61,429
41, 689
23,893
603
3,550

18,931
10,857
188
611
490
662
1, 222
1,373
1,858
1,830
1,740
457
426
8,074
1,771
75
991
1,329
699
1, 079
1,001
190
630
309
49, 618
4, 491
15, 682
3, 926
11,756
3, 931
12,290
13, 224
2, 646
10,578

18,861
10,843
190
613
494
660
1,214
1,370
1,855
1,826
1,743
456
422
8,018
1,757
75
986
1,311
698
1,076
995
188
627
305
49,712
4,473
15,692
3, 913
11,779
3, 927
12,341
13, 279
2,621
10, 658

18,930
10,897
192
613
497
663
1,236
1,376
1,868
1,830
1,736
460
426
8,033
1,738
70
992
1,334
699
1,079
997
188
629
307
49, 908
4,478
15,758
3,935
11,823
3,936
12,419
13,317
2,618
10,699

19,029
10,970
188
613
499
664
1,268
1,380
1,881
1,847
1,743
462
425
8,059
1,745
66
993
1,337
701
1,083
1,007
188
633
^06
49,990
4,499
15, 794
3,946
11,848
3,953
12,379
13,365
2,624
10,741

19,219
11,127
191
616
503
673
1,279
1,392
1,915
1,882
1,782
466
428

19,,324
11, ,203
197
622
505
673
1, 280
1, 400
1, 934
1, 890
1, 801
470
431

19,419
11,281
197
623
508
672
1,284
1,408
1,956
1,912
1,815
472
434

19,469
11,326
197
625
511
674
1,283
1,419
1,965
1, 925
1,817
477
433

19,578
11,413
198
' 628
'513
'682
1,284
1,432
'1,973
'1,943
' 1,841
481
'438

"19,627
11,448
196
'630
516
'686
'1,281
' 1,434
' 1,986
'1,955
' 1,842
'483
'439

19,740
11,547
198
634
520
686
1,284
1,450
2,003
1,975
1,873
484
440

8,092
1,742
66
1,002
1,342
707
1,086
1,011
189
643
304
50,192
4,540
15,835
3, 954
11,881
3,969
12,451
13,397
2, 630
10,767

8, 121
1, 741
69
1, 009
1, 351
706
1, 088
1, 013
189
654
301

8,143
1,751
72
1,016
1,337
708
1,094
1,016
190
664
295
50, 664
4,574
15,989
4,001
11,988
3,999
12,621
13, 481
2,637
10,844

' 8,165
' 1,752
73
1,024
' 1,349
710
'1,092
'1,013
' 185
672
' 295

8,179
'1,751
76
'1,023
'1,350
'714
' 1,093
' 1,019
'185
'673
'295

8,193
1,747
78
1,024
1,363
709
1,096
1,017
184
679
296

50,442
4,549
15,954
3,959
11,995
3,981
12,497
13,461
2,642
10,819

8,138
1,743
72
1,017
1,346
707
1,091
1,015
190
658
299
50.548
4,558
15,946
3,970
11,976
3,991
12.549
13,504
2, 652
10,852

50,910
' 4,580
16,127
' 4, 022
12,105
' 4,014
VI. 682
13,537
2,632
10,905

51,086
' 4, 589
16,215
' 4,027
12,188
' 4, 024
12,695
13,563
' 2,634
10,929

51,149
4, 591
16,188
4,039
12,149
4,031
12,726
13,613
2,626
10,987

49,862
13,960

49, 407 49,952
13,590 14,023

50,0^6
14,180

50,256
14, 225

50,442
14,281

50,689
14,282

49,365
14,130

49,562
14,258

50,008
14,347

50,533
14,408

EMPLOYMENT
Employees on payrolls of nonagricultural estab.:t
Total, not adjusted for seasonal variation.__trious_
Private sector (excl. government)
do...
Seasonally Adjusted
Total employees, nonagricultural payrollst_.do_.Private sector (excl. government)
do...
Nonmanufacturing industries*
do...
G oods-produeing*
do...
Mining
do...
Contract construction
do.. _
Manufacturing
do.
Durable goods
do.
Ordnance and accessories
do.
Lumber and wood products
do..
Furniture and fixtures
do.
Stone, clay, and glass products
do..
Primary metal industries
do..
Fabricated metal products
do..
Machinery, except electrical
do..
Electrical equipment and supplies, .do..
Transportation equipment
do..
Instruments and related products.-do..
Miscellaneous manufacturing
do..
Nondurable goods
do.
Food and kindred products
do.
Tobacco manufactures
do.
Textile mill products
do.
Apparel and other textile products, .do.
Paper and allied products
do.
Printing and publishing
do.
Chemicals and allied products
do.
Petroleum and coal products
do.
Rubber and plastics products, nee. do.
Leather and leather products
do.
Service-producing*
do.
Trans., comm., electric, gas, etc
do.
Wholesale and retail trade
do.
Wholesale trade
.
do.
Retail trade
do.
Finance, insurance, and real estate
do.
Services
do.
G overnment
do.
Federal
do.
State and local
do.

1,235
1,371
1,864
1,833
1,747
456
425

650
1,209
1,347
1,814
1,795
1, 720
444
423
8,012
1,759
76
981
1,334
687
1,074
997
191
609
304
49, 200
4,487
15, 508
3,883
11,625
3,885
12,139
13,181
2,667

10, 514

Production or nonsupervisory workers on private
49,223 47,881 48,431 48,979
nonagric. payrolls, not seas, ad justed \ thous.. 47,732
13,434
13,838 13, 521 13,578 13,676
Manufacturing
do
Seasonally Adjusted
Production or nonsupervisory workers on private
nonagricultural payrolls%*
thous.. 47,732
49,223 48,677 48,845 49,124
Goods-producing*
do
16,717
17, 205 16,986 17,049 17,183
466
456
457
Mining*
do
451
459
2,904
2,882
2,928
Contract construction*
do
2,832
2,908
Manufacturing
do
13,434
13,838 13,616 13,711 13,798
7,729
7,805 7,876
Durable goods
do
7,598
7,919
89
92
91
Ordnance and accessories
do
94
96
2
'Revised.
v Preliminary. iAsofJulyl.
See note § below.
tSeenote"f,"p. S-14.
§Effective Jan. 1972, data are adjusted to the 1970 Census; for comparison of Jan. 1972
(and subsequent months) with pre-1972 data, the following approximate amounts (in thous.)
should be added to the earlier figure (not seasonally adjusted): Civilian labor force, 330;
nonagricultural employed, 290; unemployed, 30 (unemployment rates are unaffected). Subsequent adjustments, effective Mar. 1973, caused the overall labor force and employment
levels to show a net increase of about 60,000 (unadjusted); comparisons with data prior to




49, 245 49,122 49,367 49,510 49,836 50,068 50,116 50,300 50,698 50,860 50,916
17, 231 17,114 17, 226 17,319 17,496 17,558 17,562 17,633 17,817 17,884 17,917
459
454
455
461
464
453
'463
460
457
462
451
2,936
2,925
2,952
2,918
2,876
2,907
2,830
2,873 ' 2,957 '2,980
2,934
13,846 13,785 13, 846 13,924 14,083 14,191 14,275 14, 298 14,396 14, 441 14,545
8,503
7, 942 7,999
8,131
7,889
8,212
8,274
8,310 ' 8,379 '8,414
7,899
103
'102
102
102
103
96
93
102
97
95
Mar. 1973 should take these adjustments into account. Also, effective Feb. 1973 SURVEY,
data reflect new seasonal factors; comparable earlier figures appear in EMPLOYMENT AND
EARNINGS, Feb. 1973 (USDL, BLS).

^Effective Oct. 1972 SURVEY, revised employment, hours, man-hours, earnings, and turnover data incorporate adjustments to recent benchmarks and new seasonal factors; comparable data prior to Aug. 1971 are to appear in forthcoming EMPLOYMENT AND EARNINGS,
1909-72, BLS Bulletin 1312-9.
*New series; see note " i " .

SURVEY OF CURRENT BUSINESS

S-14
[Jnless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown in
the 1971 edition of BUSINESS STATISTICS

1971

1972

1972

Annual

May 1973

Mar.

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Feb.

Mar.

'542
425
'547
'1,031
' 1,103
'1,328
T
1,337
'1,324
295
'344

543
427
' 550
1,026
' 1,106
'1,340
'1,348
'1,331
297
'344

'6,017
' 1,185
61
902
' 1,173
552
661
'587
'115
529
'252
32, 667 32, 881
3, 949
3,947
14,186 14,320
3,347 ' 3,363
10, 839 10,957
3,111 ' 3,127
11,423 11,485

' 6,027
' 1,183
'63
' 901
' 1,174
'554
662
' 592
'116
'530
'252
32, 976
' 3,953
14,399
' 3,370
11,029
' 3,136
11,488

Dec.

Jan.

53!
424
539
1,031
1,092
1,324
1,318
1,310
292
339

Apr.p

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT—Continued
Seasonally Adjusted
Production or nonsupervisory workers on payrolls}
—Continued
Manufacturing, durable goods industries—Con.
Lumber and wood products..
thous.
Furniture and
fixtures
do
Stone, clay, and glass products
do...
Primary metal industries
do...
Fabricated metal products
do...
Machinery, except electrical
do._.
Electrical equipment and supplies. . - d o . . .
Transportation equipment
do...
Instruments and related products
do
Miscellaneous manufacturing
do._.
Nondurable goods
do...
Food and kindred products
do...
Tobacco manufactures
do...
Textile mill products
do...
Apparel and other textile products...do...
Paper and allied products
do...
Printing and publishing
do...
Chemicals and allied products
do...
Petroleum and coal products
do
Rubber and plastics products, nee do...
Leather and leather products
do
Service-producing*
do
Transportation, comm., elec, gas, etc*
do
Wholesale and retail trade*
do
Wholesale trade*
_. . . .
_ _do.
Retail trade*
do...
Finance, insurance, and real estate*
do
Services*

do

500
377
503
968
1,010
1,178
1,171
1,218
261
316
5,836
1,186
63
839
1,168
523
654
580
117
448
258
31,015
3, 844
13,439
3,181
10, 258
2,984
10, 748

527
408
52'
984
1, 049
1,236
1,238
1, 248
276
331

520
399
519
956
1,028
1,189
1,205
1, 229
266
329

5, 919
1, 180
59
871
1, 165
537
657
581
117
489
261
32,018
3,8K3
13,923
3. 278
10, 645
3, 072
11, 140

5,88'
1,186
63
864
1,164
529
655
575
11
473
261
31, 691
3,881
13, 769
3, 249
10, 520
3, 047
10,994

526
405
528
973
1,053
1,233
1,237
1,241
276
332

527
409
528
966
1,049
1,231
1, 233
1,245
276
329

528
411
530
988
1,056
1,242
1,236
1,243
279
332

528
413
530
1,017
1,058
1,252
1,248
1,247
281
332

5,947
1,202
63
870
1,161
539
656
581
117
492
266
32,014
3,879
13,924
3,286
10, 638
3,077
11,134

5,896
1,188
62
867
1,140
539
655
578
116
489
262

5,904
1,167
57
873
1,162
539
656
578
117
491
264

31,796
3, 875
13, 825
3,259
10. 566
3, 049
11,047

524
402
526
978
1,049
1,223
1,223
1,257
273
329
5,922
1,182
63
868
1,166
539
658
580
117
483
266
31, 941
3, 886
13, 894
3, 279
10,615
3,065
11,096

32,008
3,861
13,912
3,273
10, 639
3, 069
11,166

37.3
37.0
42. 4
36. 7
40. 5
40.8
3.5

37.0
36.9
42.3
36.7
40.5
40.5
3.4

37.1
37.4
42.6
36.9
40.9
40.7
3.4

524
402
519
965
1, 038
1.200
1,214
1,252
269
331
5, 906
1,186
63
865
1,173
531
656
575
117
478
262

537
419
540
1,029
1,074
1,302
1, 290
1, 2)4
288
337

538
421
538
1,033
1,082
1,318
1,309
1,306
288
339

5,979
1,171
57
887
1,178
546
659
590
119
514
258

32,141
3,856
13,979
3,292
10,687
3,077
11,229

5,925
1,172
54
874
1,167
541
658
585
117
494
'263
32,191
3,881
14,025
3, 301
10,724
3,087
11,198

530
417
538
1,028
1,068
1, 279
1, 279
1,276
285
335
5,952
1,170
54
881
1,171
547
659
587
118
504
261
32,340
3,922
14,054
3,312
10, 742
3,097
11,267

32,510
3,930
14,165
3,315
10,850
3,106
11,309

6,001
1,1'
59
895
1,172
547
660
590
119
518
266
32,554
3,933
14,154
3, 321
10, 833
3,111
11,356

37.2
37.6
42.1
37.0
40.4
40.6
3.4

37.1
37.6
42.5
37.1
40.6
40.6
3.5

37.3
37.4
42.8
37.1
41.0
40.8
3.6

37.3
37.3
42.6
37.6
40.8
40.7
3.6

37.2
37.1
42.5
37.0
41.0
40.9
3.7

37.0
37.2
41.7
35.6
41.2
40.7
3.8

36.9
36.6
41.5
36.1
40.0
40.3
3.7

37.2
36.8
42.0
'36.1
40.6
40.9
3.9

37.2
37.0
'42.0
37.0
40.8
40.9
3.9

37.4
37.1
42.3
37.1
40.8
41.1
4.1

5,988
1,181
59
894
1,161
548
662
590
119
522
252

547
432
551
1,032
1,119
1,354
1,366
1,357
298
344
6,042
1,180
65
901
1,189
550
663
590
115
535
254
32,999
3,956
14,390
3,380
11,010
3,144
11,509

AVERAGE HOURS PER WEEK
Seasonally Adjusted
Avg. weekly hours per worker on private nonagric.
payrolls: J^Seasonally adjusted
hours..
Mining
Contract construction
Manufacturing: Not seasonally adjusted
Seasonally adjusted
Overtime hours
Durable goods
Overtime hours
Ordnance and accessories
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical equipmunt and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind

do
do
do
do
do
do
do.
do.
do..
do.
do_.
do..
do.
do.
do..
do..
do.
do..
do..

37.0
42.3
37.3
39.9

37. 2
42. 5
37.0
40. 6
3.5

37.1
36.9
42.8
37.2
40.3
40.4
3.3

40.4
2.8
41.7
40.3
39.8
41.6
40.4
40. 4
40.6
39. 9
40.7
39.8
38.9

41.3
3.6
42. 2
41.0
40. 5
41
41.6
41.2
42. 0
40.5
41.8
40.5
39.3

41.0
3.3
42.0
40.9
40.4
42.0
41.1
40.9
41.4
40.2
41.7
40.3
39. 2

41.4
3.7
42.2
41.1
40.7
42.0
41.4
41.4
41.9
40.8
43. 0
40. 7
39. 6

41.1
3.5
42.0
41.0
40.5
41.8
41.3
41.1
41.8
40.4
41.9
40.6
39.4

41.3
3.4
42.0
41.2
40.8
42.0
41.4
41.2
42.1
40.5
41.6
40.6
39.5

41.2
3.5
42.4
41.1
40.4
41.9
41.4
41.3
42.0
40.3
41.3
40.4
39.3

41.3
3.6
42.7
41.2
40.5
41.9
41.5
41.2
42.3
40.5
41.2
40.6
39.5

41.4
3.8
42.2
41.3
40.5
41.9
42.0
41.1
42.4
40.6
41. 9
40.7
39. 5

41.4
3.8
42.4
41.1
40.2
42. 2
42.3
41.3
42.3
40.6
41.5
40.6
39. 2

41.7
3.9
42.3
41.0
40.3
41.8
42.8
41.6
42.7
40.8
42.0
40.5
39.3

41.6
4.0
42.4
39.7
39.9
41.5
42.3
41.7
42.7
40.5
42.8
40. 6
39.1

41.3
4.1
42.4
39. 9
39. 0
41.1
42.4
41.4
42.4
40.4
42.3
40.4
38.7

'42.0
'4.4
' 42. 7
'40.6
'40.6
' 42. 2
42.4
41. 9
42.8
41.1
'43.3
40.8
39.3

'41.6
'4.0
'42.3
'41.0
'40.6
' 42. 2
42.2
41.7
' 42. 7
40.6
' 42.1
40.7
' 39. 2

42.0
4.4
41. 9
41.3
40.7
42.5
42.4
42.0
42.7
40.9
43.5
40. 9
39.1

Nondurable goods
Overtime hours
Food and kindred products
Tobacco manufacturers
Textile mill products
Apparel and other textile products

do.
do.
do.
do.
do.
do.

39.3
3.0
40.3
37.0
40.6
35.6

30.7
3.3
40. 4
31.7
41.3
36.0

39.6
3.3
40.6
34.5
41.4
35.8

39. 8
3.5
40.7
34.1
41.7
36. 2

39.6
3.2
40.4
33.7
41.2
35.6

39.7
3.3
40.5
34.2
41.3
35.9

39.6
3.3
40.4
34.3
41.2
36.0

39.8
3.3
40.3
35.4
41.3
36.0

39. 7
3.3
40.2
34.1
41.4
36.3

39. 7
3.4
40.4
35.8
41. 2
36.2

39. 9
3.5
40.3
35.5
41.4
36.2

39.6
3.4
40. 4
35.6
41.2
35.7

39. 0
3.4
40.1
33.9
39.5
34.5

39. 7
3.4
40.2
35.6
41.1
36.0

' 39. 8
'3.5
'40.2
'36.0
'41.3
36.1

39. 9
3.6
40.2
36.4
41.9
36.4

Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products

do.
do.
do.
do.
do.
do.

42.1
37.5
41.6
42.4
40.3
37.7

42.8
37. 9
41.8
42. 2
41.2
38.3

42.7
37.6
41.8
42.2
41.0
38.2

42.9
38. 0
41.7 I
42.4 '
41.3
39. 1

42.5
37.7
41.6
42.0
41.0
38.6

43.0
37.9
42.0
42.2
41.3
38.6

42.8
38.0
41.8
41.6
40.9
38.4

43.0
37.9
41.7
41.8
41.4
39. 0

42. 9
-8.2 j
41.8 !
42. 3
41.1
38.7

38." 0
42.0
42.4
41. 2

43. 2
38.3
41. y
42.4
41.6
37.7

42.9
37.7
41.9
42 2
4L2
36.4

42. 6
37.8
41.6
41.9
41.1
37.1

43.0
38.0
42.0
' 41. 9
r
4l.5
37.7

'43.0
38.0
' 42. 0
'42.0
'41.6
' 37. 9

43.0
38.0
41.7
42.2
41.5
38.8

Trans., comm., e l e c , gas, etc
do.
Wholesale and retail trade
do.
Wholesale trade
"~~"~~"~I~~~"do~
Retail trade
""_" "
do
Finance insurance, and real e s t a t e .
.
..do.
Services
.
do

40.2
35.1
39.8
33.7
37.0
34.2

40.4
35.1
39. 8
33. 6
37. 2
34.1

40.4
35.2
39.9
33.6
37.1
34.1

40.4
35.2
39. 9
33.7
37.3
31. 1

40.6
35.1
40.0
33.7
37.1
34.0

40.6
35.3
39.9
33.8
37.2
34.1

40.3
35.1
39.8
33.7
37.3
34.3

40.7
35.0
39.6
33.6
37.1
34.1

40.3
35.0
39. 9
33.5
VI. 2
34.3

40.4
35.1
39.8
33.5
37.3
34.2

40.3
35.0
39. 9
33.5
37.0
34.1

40.5
35.1
39. 7
33.7
37.1
34.0

40.6
34. 9
39.7
33.4
37.0
34.1

r

'40.5
' 34. 8
' 39. 7
' 33. 4
'37.0
34.0

40.9
34.9
39.7
33.5
37.2
34.2

137. 72
111.72 i
1. 3-2
6.62
38.34
9.29
27. 74
7.30
21.11
26.00

142.46
115.37
1.34
6.78
39. 68
9. 47
28. 68
7. 59
21.83
27. 09

140. 77
113.97
1.37
6.79
39. 00
9.43
28.37
7.50
21.52
26. 80

142.66
115. 72
1.33
6.84
39. 70
9.48
28. 76
7.59
22. 02
26. 94

143.54
116.09
1.35
6.85
39. 91
9.43
28.83
7.65
22. 08
27.45

144. 29
116.91
1.35
6.98
40.33
9. 54
28.88
7.70
22. H

144.31
117.37
1.35
6.77
40. 74
9.53
29.18
7. 66
22.14
27. 44

144.64
117.21
1.32
6.40
40.83
9.62
29.17
7.70
22.17
27.43

145.11
117.63
1.32
6.57
40. 93
9. 66
29.08
7. 69
22.38
27. 48

146. 27
118. 68
1.34
6.75
41.35
' 9. 62
29.39
7.74
22. 49
27. 59

146. 43 147. 24
118.92 119. 63
1.33
1.33
6.85
' 6. 94
41.76
41.31
9.76
' 9. 66
' 29. 48 29.50
7.80
'7.74
• 22. 44 22. 63
• 27. 51 27.61

102.8
94.0
95.6
103.5

106.6
98.1
97. 5
105. 5

105.2
96. 5
99.8
105. 9

106.8
98.2
96.8
106.3

107.3
99.0
98.3
106.7

108.1
100.2
98.3
108.8

108.5
100. 7
97. 8
105.4

108.3
99. 7
95.3
98. 7

108.3
99.6
95.9
101.6

• 109. 8
• 102. 0
97. 5
• 104. 6

110.0
102.4
' 97.3
108.1

Not seasonally adjusted

40.4
35.0
39. 7
33.5
37.1
34.1

MAN-HOURS
Seasonally Adjusted
Man-hours of wage and salary workers, nonagric.
establishments, for 1 week in the month, seasonally adjusted at annual rate J..bil. man-hours
Total private sector*
do
Mining
_\~""_~""do_""
Contract construction
do
Manufacturing
I.do..I'.
Transportation, comm., elec, gas
" do
Wholesale and retail trade
do
Finance, insurance, and real estate.
do
Services
" do
G o vern ment*
I.'...'"_.
do
Indexes of m a n - h o u r s (aggregate w e e k l y ) : J «]
P r i v a t e nonagric. payrolls, t o t a l * .
1967--=100
•producing*
do
G oods-producing*

Mining*
"doContract construction*
do
'Revised.
"Preliminary.
*New series.
JSee
note " } , " p. S-13.

1! Production and nonsupervisory workers.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

141.72 142.
114. 5S 114.
1.33
1.
6 67
6.
39.44 { 39.
9.
9.41 |
28.
7.
21. fA | 21.
27.15
105. 9
97. 5

106.2
97. 5
96.7
105.3

142. 59
115. 50
1.33
6.81
39. 67
9.48
28.81
7.60
21.79
27. 09
106.7
98.2
96.1
106. 1

142.
115.
1.
6.
39.
9.
28.
27.
106.4
97.3
95.4
104. 3

110.8
103.3
96.1
106.1

N O T K F O R S-13: f Revisions (back to 1960), to adjust to the 1970 Census, appear in '" E s t i mates of the P o p u l a t i o n of the U n i t e d States a n d C o m p o n e n t s of C h a n g e : ,1972, P - 2 5 ,
No. 499 (May 1973), B u r e a u of the Census.

SURVEY OF CURRENT BUSINESS

May 1973
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1971

1972

Annual

S-15

1972
Mar.

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.?1

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
MAN-HOURS—Continued
Indexes of man-hours, private nonagric. payrolls,
goods-producing indus.t, Ifseas. adjusted—Con.
Manufacturing
'.
1967=100. _
Durable goods
do
Nondurable goods
do
Service-producing*
do
Transportation, comni., elec, gas*
do
Wholesale and retail trade*
do
Wholesale trade*
do
Retail trade*
do
Finance, insurance, and real estate*
do
Services*
do

92.3
89.1
97.1
108.9
102. 7
106.7
105.5
107.1
116.1
112.8

96.8
94.9
99. 5
112.5
104.4
110.4
109. 0
110.9
120.1
116.8

94.8
92.0
98.8
111.3
104.3
109.1
108.2
109.5

HOURLY AND WEEKLY EARNINGS
Average hourly earnings per worker :HJ
Not seasonally adjusted:
Private nonagric. payrolls
dollarsMining
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 equipment and supplies . d o . . .
Transportation equipment
do. _.
Instruments and related products.-do...
Miscellaneous manufacturing ind...do._.
Nondurable goods
do....
Excluding overtime
do...
Food and kindred products
do...
Tobacco manufactures
do...
Textile mill products
do...
Apparel and other textile prod
do...
Paper and allied products
do...
Printing and publishing
do...
Chemicals and allied products
do._.
Petroleum and coal products
do...
Rubber and plastics products, necdo.__
Leather and leather products
do...
Transportation, eomm., elec, gas
do...
Wholesale and retail trade
1
do...
Wholesale trade
do.
Retail trade
do. _.
Finance, insurance, and real estate
do...
Services
do.

3.43
4.06
5.69
3.56
3.44
3.79
3.66
3.84
3.15
2.90
3.66
4.23
3.74
3.99
3.48
4.41
3.52
2.97
3. 26
3.14
3.38
3.15
2.57
2.49
3.67
4.20
3.94
4.
3.40
2.60
4.20
2.87
3.67
2. 57
3.28
3.01

3.65
4.38
6.06
3.81
3.65
4.05
3.88
4. 09
3.31
3.06
3. 91
4.66
3. 99
4.27
3.67
4.73
3.72
3.11
3.47
3.33
3.60
3.43
2.73
2. 61
3. 94
4.48
4. 20
4. 95
3.60
2.71
4. 64
3. 02
3.88
2 70
3.45
3. 18

3.58
4.32
5.94
3.74
3.60
3.98
3.83
4.01
3.23
3.02
3.82
4.56
3.92
4.20
3.62
4.64
3.69
3.07

3.65
4.38
6.05
3.81
4.64
3.02
3.45
3.18

Seasonally adjusted:*
3.43
Private nonagricultural payrolls..
do.
4.06
Mining
do
5.69
Contract construction
do
3.56
Manufacturing
do
4.20
Transportation, comm., elec, gas
do
2.
Wholesale and retail trade
do
3.28
Finance, insurance, and real estate
do
3.01
Services
do
Indexes of avg. hourly earnings, seas, adj.: ©*^j
Private nonfarm economy:
Current dollars
.1967 = 100
129.7
106, 9
1967 dollarsA
do
Mining
do..
127.:
Contract construction
do
138.1
Manufacturing
do
127.5
Transportation, comm., elec, gas
do
130.0
Wholesale and retail trade
do
128.3
Finance, insurance, and real estate
do
126.8
Services
.do. .
131.1
Hourly wages, not seasonally adjusted:
Construction wages, 20 cities (E NR): &
Common labor
$ per hr__
6.010
Skilled labor
do
8.340
Farm, without board or mi., 1st of mo
do
1.73
Railroad wages (average, class I)
do
14.416
Avg. weekly earnings per worker, "[[private nonfarm:
Current dollars, seasonally adjusted*
1967 dollars, seasonally adjusted*A
Spendable earnings (worker with 3 dependents):
Current dollars, seasonally adjusted
1967 dollars, seasonally adjustedA
Current dollars, not seasonally adjusted:|
Private nonfarm, total
dollars
Mining
do
Contract construction
_ ..do
Manufacturing
do
Durable goods
do
^ Nondurable goods
do....
Transportation, comm., elec, gas
do
Wholesale and retail trade
do
Wholesale trade
do
Retail trade
do
Finance, insurance, and real estate
do
Services
do..

96.2
94.2
99,1
112.2
104.9
110.5
109.5
110.8
119.6
115.8

96.9
94.6
100.1
112.7
104.7
110.9
109.4
111.4
120.4
116.6

96.2
94.2
99.0
112.6
103.5
110.4
108.7
111.1
120.4
117.6

96.8
95.1
99.3
112.8
104.4
110.6
108.8
111.2
120.1
117.6

97.7
96.2
99.8
113.1
104.0
110.9
109.9
111.3
120.8
117.9

98.7
97.7
100.2
113.5
105.4
111.1
110.0
111.5
121.5
118.3

100.0
99.3
100.9
113.9
105.3
112.0
110.4
112.6
120. 9
118.4

100.0
99.8
100.2
114.2
105.9
112. 3
110.0
113.1
121. 4
118.5

99.3
99.6
98.9
114.4
106.6
111.8
110.9
112.1
121.1
119.6

101.7
102. 0
101. 2
115.2
106.1
113.1
111.4
113.7
122. 0
120.2

101.6
101.7
101. 5
115.3
106. 5
113.5
111.7
114. 1
122. 0
119. 9

3.62
4.33
6.01
3.78
3.63
4.02
3.86
4.07
3.29
3.03
3.87
4.61
3.95
4.24
3.64
4.71
3.71
3.10

3.72
4.42
6.15
3.86
3.68
4.11
3.92
4.15
3.38
3.11
3.99
4.75
4.05
4.33
3.72
4.80
3.74
3.13
3.51
3.36
3.61
3.35
2.75
2.65
4.01
4.56
4.26
5.00
3.66
2.72
4.74
3.05
3.91
2.73
3.47
3.23

3.74
4.41
6.22
3.86
3.69
4.11
3.92
4.13
3.37
3.12
4.02
4.74
4.05
4.35
3.71
4.81
3.73
3.13
3.52
3.37
3.63
3.38
2.76
2.67
4.02
4.55
4.28
5.01
3.69
2.72
4.80
3.06
3.93
2.74
3.48
3. 24

3.74
4.55
6.32
3.95
3.78
4.21
4.01
4.18
3.38
3.15
4.02
4.81
4.13
4.44
3.79
5.01
3.83
3.19

3.77
4.60
0.42
3.98
3.81
4.23
4.04
4.18
3.45
3.15
4.03
4.87
4.13
4.44
3.80
5.00
3.82
3.24

3.48
3.34
3.59
3.57
2.71
2.58
3.97
4 49
4.23
4.97
3.61
2.70
4.66
3.01
3.87
2.70
3.45
3.14

3.66
4.37
6.03
3.80
3.64
4.04
3.87
4.10
3.33
3.08
3.96
4.69
3.99
4.26
3.68
4.71
3.71
3.09
3.47
3.32
3.57
3.38
2.73
2.61
3.97
4.49
4.23
4.94
3.63
2.70
4.70
3.01
3.86
2.70
3.44
3.14

3.74
4.47
6.23
3.89
3.72
4.14
3.95
4.13
3.40
3.13
4.00
4.80
4.07
4.38
3.74
4.87
3.74
3.15

3.44
3.31
3.61
3.49
2.71
2.57
3.87
4.47
4.16
4.95
3.55
2.71
4.57
2.99
3.84
2.69
3.43
3.15

3.63
4.34
5. 94
3.79
3.63
4.03
3.86
4.09
3.33
3.05
3.91
4.62
3.98
4. 26
3.65
4.69
3.71
3.10
3.45
3.31
3.59
3.53
2 72
2. 59
3.92
4.47
4.20
4.94
3.56
2.70
4.58
3.00
3.85
2. 69
3.43
3.14

3.64
4.35
5.96
3.78
3.63
4.01
3.85
4.10
3.34
3.04
3.93
4.64
3.97
4. 24
3.66
4.63
3.70
3.09

4. 50
2.98
3.83
2. 67
3.40
3.14

3.61
4.36
5.96
3.76
3.62
4.01
3.85
4.06
3.26
3.03
3.85
4.60
3.94
4.22
3.62
4.69
3.70
3.09
3.43
3.30
3.59
3.46
2 71
•2.58
3.86
4.44
4.12
4.93
3.55
2.70
4.55
3.00
3.86
2.68
3.45
3.16

3.53
3.38
3.66
3.49
2.78
2.68
4.03
4. 56
4.29
5. 02
3.68
2.72
4.82
3.07
3.94
2.75
3.49
3.25

3.58
3.43
3.72
3.49
2.83
2.69
4.06
4.59
4.33
5.03
3.72
2.74
4.86
3.07
3.99
2.75
3.52
3.27

3.61
3.47
3.75
3.56
2.87
2.72
4.06
4.56
4.36
5. 09
3.74
2.77
4.87
3.11
3. 99
3.27

3.78
••4.55
6.31
3.97
3.80
4.23
4.03
'4.15
'3.47
3.17
'4.04
4.86
'4.15
4.45
3.78
'5.00
' 3. 82
'3.22
3.59
3.45
'3.75
3.65
2.88
2.72
'4.07
4.58
4.35
' 5. 09
3.73
2.78
'4.90
3.13
'4.02
2.80
'3.56
'3.28

'4.54
'6.28
3.98
3.81
4.23
4.04
'4.15
'3.47
3.18
'4.06
'4.88
'4.15
'4.46
' 3. 79
'4.96
3.83
'3.23
'3.61
'3.46
'3.77
'3.70
2.89
2.73
'4.07
4.61
'4.36
'5.14
'3.72
2.80
'4.91
'3.14
'4.03
' 2.81
'3.55
'3.30

3.59
4.31
5.97
3.74
4.53
2 97
3.38
3.14

3.62
4.35
6.01
3,76
4.57
2. 99
3.44
3.17

3.62
4.34
6.02
3.78
4.58
2.98
3.43
3.15

3.63
4.37
6.01
3.79
4.59
3.00
3.43
3.15

3.64
4. 39
6.01
3. 79
4.65
3.02
3.45
3.14

3.67
4.41
6.06
3.83
4.70
3.03
3.45
3.16

3.69
4.42
6.10
3.86
4.70
3.05
3.48
3.21

3.73
4.40
6.15
3.86
4.80
3.06
3.49
3.24

3.74
4.43
6.19
3.89
4. S2
3.07
3.49
3.25

3.75
4.55
6. 29
3.93
4.86
3.10
3.53
3.27

3.77
4.58
6.37
3.97
4.87
3.09
3.53
3.26

3.78
' 4. 53
6.29
3.97
'4.90
3.11
'3.53
'3.27

'3.81
'4.53
'6.31
3.98
' 4. 94
'3.13
'3.53
3.30

3.83
4.57
6.36
4.01
4.96
3.14
3.56
3.31

118.9
115.1

3.41
3.28
3.56
3.40
2.71
2.57
3,84
4.40
4.11
4.88
3.52
2.70

3.82
4.58
6.30
4.01
3.83
4.26
4.06
4.21
3.53
3.21
4.10
4.89
4.19
4.50
3.81
5.01
3.85
3.20
3.62
3.48
3.77
3.81
2.90
2.74
4.11
4.63
4.38
5.22
3.73
2.79
4.94
3.15
4.06
2.82
3.57
3.30

135.5
109. 2
134.6
144. 6
133.2
139. 8
132. 9
130. 9
136. 5

136.7
- 109.9
135.7
145. 3
133.9
141.7
134.0
133.4
137. 9

136.7
109.7
135. 2
145.4
134.5
141.8
133. 6
132. 5
137.5

137.1
109. 9
136.3
145. 6
135.0
141.7
134.4
133.0
137. 4

137.8
110.1
137.3
145. 6
135.3
144.0
135.3
133.9
138.0

138.3
110.2
137.8
146.8
135.9
145.1
135.6
133.6
138.0

139.3
110.4
138.1
147.8
136. 7
145. 6
136.3
134. 8
139. 9

140.5
110.9
137.5
149.3
137.5
148.3
137.2
135.5
140. 9

140.7
110. 8
138.1
149. 6
137.9
148. 9
137.3
135.1
141.0

142.0
• 111.5
141.3
151. 8
138. 9
150. 4
138.7
136.6
142.1

142.5
111.3
142.4
154.0
139. 5
150.5
138.7
136.8
142. 3

142.5
• 110.7
' 141.5
151.8
139.7
151.5
139. 2
137. 0
142.3

• 143. 2
110.4
• 142. 2
• 152. 4
• 140.3
• 152. 9
• 139. 9
136. 7
143. 6

144.1
110.2
143.2
153.3
141.0
153.5
141.0
138.5
144.1

6.642
9.146
1.84

6.402
8. 856

6.443
8. 906
1.84

6.582
9. 063

6.704
9. 174

6.758
9. 255
1.85

6. 773
9. 280

6.786
9.337

6.813
9. 490
1.82

6.836
9.378

6.841
9. 396

6. 896
9. 410
1.98

6.896
9.410

6. 897
9.414

6.910
9.490
1.97

140. 62 ' 141.73
109.22 ' 109.12
123. 70 124. 55
' 96. 08 ' 95. 90

143.24
109. 59
125. 72
96.19

4.885
135. 78
108.36

112.12
92.43

120. 79
96. 40

135.03
108.63

133. £
107.7
118. 75 120. 20 119.
95. 69 ' 96. 70 '•95.
133.19
107.32

135. 78 132.10 133.57 133.
186. 15 182.30 184.86 183.
224. 22 218.59 218.14 221.
154.69 150.72 152. 28 153.
167. 27 163.18 165.21 165.
137. 76 134.35 135.49 135.
187. 46 180.90 181.55 184.
106. 00 103.70 104.40 104.
154. 42 152.43 153.24 152.
89. 24
89.
90. 72 88.64
128. 34 126.14 128.69 126.
107.44
106.
108. 44 106.76
' Revised.
p Preliminary.
i Includes adjustments not distributed by months.
|See corresponding note, p. S-13. ^Production and nonsupervisory workers.
*New
series.
(DSource: USDL, Bureau of Labor Statistics; the indexes exclude effects of changes in the
proportion of workers in high-wage and low-wage industries, and the total and manufacturing




103.0
103.7
102.1
115.9
107.6
113.6
112.0
114.3
123.0
120.9

137.9
110.1
136. 7
146. \)
135. 4
143.7
135.0
133. 4
138.4

126.91
104. 62

126.91
171.74
212.24
142.04
153.12
128.12
168.84
100.74
146.07
86.61
121.36
102.94

96.4
94.1
99.8
111.8
104.1
109.8
108.5
110.3
119.6
115.7

134. 67 135.41 136.16 137. 64
107.88 108.35 108.36 109.07
119.92 120. 50 121.09 122. 26
' 96. 07 ' 96. 39 ' 96. 36 ' 96.89

139.13 139.13 138. 75 139.11
108.79
109.89 ' 109.28 • 109.05
122.51
123.43
123.14
123.43
95.81
' 97.49 ' 96.98 ' 96. 78

r

r
137. 62 139.13 139.50 138.75 139.13 137. 98 139.10 140. 60 141.72
186. 60 189.18 189.19 189.98 191.10 189.98 ' 188.37 ' 188.41 193. 73
230. 35 234. 93 237.60 224. 28 222.46 223.42 220.22 ' 229. 85 233.10
154. 28 158. 26 157. 49 159. 49 162. 74 159.20 161.18 162. 38 163.61
166. 04 171. 39 170.57 173. 05 177.24 173.43 ' 175.97 ' 175.97 177.64
138. 80 140. 40 140.10 141.20 142. 84 139. 71 141.09 ' 142.96 143. 35
191. 76 191.97 194.88 195.21 197. 80 195.77 197.47 197.87 199. 58
68
108. 06 107. 06 106.79 106. 53 108. 37 107.30 107. 99 ' 108.33 108.
37
153. 63 156. 01 156. 41 156.81 160. 00 157.61 158.79 r159. 59 160.
93.34
92.12
92.
73
91.73
91.46
93.69
91.24
91.30
93. 23
132. 80
127.^97 128. 74 129.80 129.13 130. 59 130.98 132.08 ' 131.35 112.
53
108.64 110. 47 110. 48 110.50 111.18 110.85 111.19 ' 111.87
indexes also exclude, for the manufacturing sector only, effects of fluctuations in overtime
premiums. See also note "$," p. S-13. cf Wages as of May. 1, 1973: Common, $6.93; skilled,
$9.48.
AEarnings expressed in 1967 dollars are adjusted for changes in purchasing power
since the base period, 1967, by dividing by the Consumer Price Index for the respective period.

135.76
186.62
223.34
155.01
167.65
137.66
186.86
106. 50
154.00
91.73
127.60
107.39

136.86
184.44
225.88
152.71
164.01
138.16
189.66
108.36
155.19
93.69
129.03
109.27

SURVEY

S-16
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes a r e a s shown
in the 1971 edition of B U S I N E S S S T A T I S T I C S

1971

CURRENT

May 1973

1972

1972
Mar.

Annual

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HELP-WANTED ADVERTISING
Seasonally adjusted indexf

1967=100-

82

100

92

95

96

97

103

107

103

109

109

117

122

118

3.9
2.5
4.2
1.8
1.6

4.4
3.3
4.2
2.2
1.1

4.0
2.7
3.8
1.9
1.1

4.0
2.9
3.7
2.0
1.0

4.8
3.6
3.9
2.2

5.2
4.1
4.2
2.2
1.1

4.6
3.4
4.8
2.2
1.7

6.0
4.4
5.4
3.6
.9

5.3
4.2
5.3
3.4

4.8
3.8
4.3
2.5

3.6
2.9
3.7
1.9
1.0

2.7
2.0
3.6
1.6
1.3

4.6
3.5
4.2
2.2
1.0

4.0
3.1
3.7
2.1

P4.3
P3.4
P4.2
P2.4
P. 8

4.4
3.1
4.3
2.2
1.2

4.3
3.2
4.0
2.1
1.1

4.7
3.5
4.2
2.3
1.0

4.0
2.9
4.6
2.3
1.4

4.3
3.2
4.4
2.2
1.2

4.7
3.4
4.3
2.4
1.0

4.3
3.2
4.0
2.1
1.0

4.6
3.5
4.0
2.3

4.5
3.7
4.1
2.4
.9

4.2
3.4
4.0
2.6
1.0

4.9
4.0
4.4
2.6
.9

4.8
3.9
4.4
2.7
.9

P4.7
P3.9
P4.7
P2.7

5,100

400
530

440
640

510
720

425
670

380
640

440
710

320
560

270
510

200
410

310

630

380
590

410
670

p 1, 700

127
165
1,544

146
217
2,031

126
203
2,139

311
388
3,513

177
426
3,185

108
198
2,492

129
214
2,049

139
196
1,065

93
136
1,075

41
99
914

118
145
1,433

141
200
1, 281

110
156

2,923

2,431

2,105

1,952

2,088

1,763

1,554

1,512

1,692

1,993

2,333

2,250

P2,075

1,095
2,279

947
2,005

991
1,740

1,095
1,636

1,378
1,823

974
1,565

795
1,388

955
1,357

1,119
1,507

1,347
1,801

1,539
2,124

P!,090

3.3
3.7
1,503
429.2

3.1
3.6
1,342
382.1

3.4
3.7
1,376
364.3

2.9
3.4
1,294
P 363.0

2.6
3.4
1,116
280.1

2.7
3.3
1,203
307.2

3.3
3.0
'1,350
' 342.0

3.8
2.7
PI, 758
' 482.2

3.7
2.7

3.4
2.8

38

39

39

37

P34

35
70
64
'16.9

P39

P35

76
74
'21.4

76

P120

LABOR T U R N O V E R *
Manufacturing establishments:
Unadjusted for seasonal variation:
Accession rate, total
mo. rate per 100 employees.
New hires
do
Separation rate, total
do___
Quit
do___
Layoff
do___
Seasonally adjusted:
Accession rate, total
do___
New hires
do
Separation rate, total
do___
Quit
do___
Layoff
do__.

p. 9

INDUSTRIAL D I S P U T E S
Work stoppages:
N u m b e r of stoppages:
Beginning in month or year
In effect during month
Workers involved in stoppages:
Beginning in month or year
In effect during month
Man-days idle during month or year
UNEMPLOYMENT

number-do
thous.-.
do
do

5,138

47,589

P

26,000

INSURANCE

Unemployment insurance programs:
Insured unemployment, all programs, average
weekly § 9
thous..
State programs:
Initial claims
do
Insured unemployment, avg weekly
do
Percent of covered e m p l o y m e n t : ^
Unadjusted
Seasonally adjusted
Beneficiaries, average weekly
thous-Benefits paid
mil. $._
Federal employees, insured unemployment,
average weekly
thous..
Veterans' program ( U C X ) :
Initial claims
do
Insured unemployment, avg weekly__.do
Beneficiaries, average weekly
do
Benefits paid
mil. $..
Raiiroad program:
Applications
thous_.
Insured unemployment, avg weekly
do
Benefits paid
mil. $_.

2, 593
15,337
2,150

13, 580
1,848

4.1

3.5

1,814
4, 957. 0

v 1,470
4,471.0

4.3
3.5
2,071
628.9

3.8
3.6
1,830
472.9

2.5
3.4
p 1,129
p 280.3

2,062

34

36

34

30

28

29

38

39

622
131
115
356.0

523
p 361. 8

54
136
137
38.3

48
127
127
31.7

47
119
114
32.6

110
112
30.9

40
107
104
27.5

38
95
99
28.5

20.9

P66
P18. 2

30
67
66
18.0

609
26
75.7

105
20
51.5

4
26
6.0

2
23
4.1

2
15
3.5

11
14
2.8

27
18
2.9

10
17
3.7

18
3.4

6
16
3.6

12
20
3.5

11
16
3.8

7
21
5.9

3
18
3.8

26
15
3.7

P106
P102

31
69

39

FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers'acceptances
mil. $_.
Commercial and finance eo. 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

7,889
2 31,103
11,418
2 19,685

6,898
34,721
12,172
22, 519

7,985
32,681
12,778
19,903

7,734
32, 814
12,926
19,888

7, 443
33, 055
12, 560
20, 495

7,069
33,482
12,867
20,615

6,643
33,891
12,923
20,968

6,639
32, 998
12,944
20,054

6,602
32,645
13,088
19,557

6,748
34, 073
13,558
20,515

6,864
34,067
13,221
20,846

6,898
34, 721
12,172
22,549

6,564
35, 727
12, 552
23,175

6,734
35,196
10,924
24, 272

6,859
34,052
9,359
24, 693

16,347

18, 294

17,083

17,299

17, 461

17,667

17,654

17,722

17, 872

18,012

18,046

18, 294

18,925

19, 343

19, 733

7,917
2,076
6,354

9, 107
2, 293
6, 889

8,139
2,267
6,677

8,238
2,260
6,801

8, 343
2, 181
6, 937

8,430
2,145
7,092

8,517
2,137
7,000

8,631
2,156
6,935

8,749
2,233
6,890

8,857
2,335
6,799

8,972
2,313
6,761

9,107
2,298
6,889

9,251
2,808
6,866

9,387
2,936
7,020

9,591
2,895
7,246

Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted: ©
Total (233 SMSA's)0
bil S
New York SMSA
do_.._
Total 232 SMSA's (except N.Y.)
6 other leading SMSA'si
226 other SMSA's

12,785.2 ^13,167.5,^13,399.3 '13,280.6 '12,994.0 '13,969.4 '14,022.7 13,896. 7 15,154. 7 14, 783. 6 '15,504.4 '16,023.5 15,933. 7
5, 631. 4 5,801.4 5,939.2, 5,780.8 5, 633. 0 6,151.8 6, 285.1 6,148. 6 6,979. 3 6, 604. 8 6,855. 4 7, 227. 0 6,844. 8
7,460.0 '7,499. '7,361.0 ' 7,817. 6 7, 737. 6 7, 748.1 8,175. 4 8,178. 7 ' 8,649.0 ' 8,796. 5 9, 088.9
7,153.8 7,366.
3,148.8! 3,096.4 2,996. 3 3, 233. 0 3,191. 0 3, 225.8 3,411.9 3, 495. 4 '3,671.0 3,775. 7 3, 856.3
2, 932. 9 3, 053.
4,220.9 4,313. 0 4,311. 2'4,403. 4 ' 4,364. 7 ' 4,584. 6 ' 4,546. 5 4, 522. 3 4, 763. 5 4, 683. 4 4,978. 0 ' 5,020. 8 5, 232. 6

do
do
do

Federal Reserve banks, condition, end of period:
Assets, total 9
mil. $_
Reserve bank credit outstanding, total 9 __do
Discounts and advances
do
U.S. Government securities
do

99,523
75,821
39
70,218

Gold certificate account

do
9,875

Liabilities, total 9

do
99,523

Deposits, total
Member-bank reserve balances

do
do.I].

Federal Reserve notes in circulation

do

31,475
27,780
54,954

97, 675

96, 849

77, 291
1, 981
69, 905

74, 365
255
69,928

10,303

9,475

97,675

96,849

28, 667
25, 647

30,527
27,869

59, 914

54,340

97,675

99,061

99,492

' 99,325 PIOO, 040

75,173
481
70,094

73,476
501
69,501

77, 291
1,981
69,906

77,228
1,310
72,022

78,228
1,564
72,620

79,598
' 2,048
74,276

10,303

10,303

10,303

10,303

10, 303

10,303

10,303

98,658

100,039

93,635

97,675

99. 031

99,492 ' 99,325

99.746

99,440

99,541

74,405
60

77,234
1,594

75,964
130

74,154
83
70,822

76,474
1,092
70,740

74,859
239
69,874

70,307

71,607

71,356
10,303

10,303

10,303

10,303

9,475

98,197 101,533
30,152
27,415 32,423
29,538
54,478 55,210

99, 746
30,942
27,482

99,440

99,541

r
2
Revised.
p Preliminary.
i See note " § " , this page.
Beginning Dec. 1971, data
on new basis reflect inclusion of paper issued directly by real estate investment trusts and
several additional finance companies.
§ Insured unemployment (all programs) data include
claims filed under extended duration provisions of regular State laws; amounts paid under
these programs are not included in the annual figures.
t Revised (back to 1951) to reflect new seasonals and other modifications.
unemployment as % of average covered employment in a 12-month period.
Digitized forcflnsured
FRASER



93,635

101,533

98,197

55,702

98,658

100,039

79,862
1,709
75,495
10,303

29,263
26,185

30,738
28,227

29,719
27,515

29,159
26,757

25,666
23,667

28,667
25,647

30, 458
26, 727

30,814 ' 31,626
27,653 ' 27,713

56,127

56,347

56,351

57,062

58, 419

59,914

58,402

58,466

58,676

'100,040
30,998
25,730
59,414

©Series revised to reflect recalculation of seasonal factors and trading-day adjustment;
revisions back to 1964 are shown in the July 1972 Federal Reserve Bulletin, p. 634.
JSee
note " t " , p. S-13.
©Total 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 1973
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1972

End of year

S-17
1973

1972
Mar.

Apr.

May

June

July

Aug. I Sept.

Oct.

Nov. 1 Dec.

Jan.

Feb.

Mar.

Apr.

FINANCE—Continued
BANKING— Continued
All member banks of Federal Reserve System
averages of daily figures:
Reserves held, total©
mil. $.
Required
do...
Excess©
do.,.
Borrowings from Federal Reserve banks.._do...
Free reserves©
_do__.

131,329
i 31,164
U65
1107
158

Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:
Deposits: J
Demand, adjusted cf
mil. $_

91,683

1 31,353
1
31,134
1 219
1 1,049
1 -830

31,921
31,688
233
99
134

106,219

91,017

32,812
32,708
104
119
-15

32,539
32,335
204
94
110

33,021
32, 874
147
202
—55

33,148
32,893
255
438
-183

33,003
32,841
162
514
-352

33,803
33,556
247
574
-327

31,774 31,353 32, 962 31,742 '31,973 P 32,284
31,460 31,134 32,620 31,537 ' 31,678 P32, 128
342
205
'295
4 314
219
P156
1,593 r 1,858 "1,721
1, 049 1,165
6C6
i
-823 -1,388 -1,563 p-1,565
-292 -830

90,922

91,204

91,910

91,355

91,964

98,220

97,444

32,565
32,429
136
109
27

97, 765 95,489

96,236

97, 226

146,199 147,378 140,i,450 146,133 155,144 152,024 169,768 156,909 157,135 149, 420
102,356 104,095 102,374 103,334 109,379 108,876 121,308 110,248 109,337 105,785
6,491
7,180
6.582
6,872 6,744
7,221
6,038
7,403
6,483
6,r
5,726
6,479
6,289
4,472
1,715
3,888
4,824
7,230 7,258
20,034 20,957 20,357 20,010 21,947 20,620 22,412 21,992 22,531 19,059
160,661 144,863 147,113 149,081 149,647 152,111 155,495 156,270 157,686 158,858 160,661 162,936 168,212 174,302

156,618
109,024
7,480
7,442
21,005

58,584
82,606

58,097
83,236

106, 21'

Demand, total 9
Individuals, partnerships, and corp
State and local governments
U.S. Government
Domestic commercial banks

do...
do...
do
do
do

152,699
106,885
6,563
7,571
20,880

Time, total 9
Individuals, partnerships, and corp.:
Savings
01her time

do..

140,932

do_.
do.

54,542
61, 274

58,572
72,334

do.
do_
do.
do.
do.
do..

192,238
83,770
8,835
14,504
38, 400
57,183

226,042
91, 442
12,535
20,524
45,992
72,003

194,545 199,546 199,954 203,086 206,437 206,401 211,016 215,876 217,337 226,042 225,628 232,731 238,311 242,902
83,627
88,642 91,442 92,314 96,250 99,875 102,511
85,283 84,637 84,954 85,307
85,011 86,631 88,014
10,588
11,279
9,520
11,423 10,924
12,218
11,868 12,535 12,007 11,457 10,671 10,035
10,624 10,477
14,898 16,043 16,279
17,030
18,234 18,249 20,524 19,850 20,938 22,246 23,088
14,706
14,910
16,527
44,112
42,846
44,972 45,630 45,992 46,473 46,955 47, 501 48,199
43,517
39,901 40,630 41,241 41,992
72,003 68,619 72,218 72,812 74,452
58,915 59,181 58,714 60,954 62,615 61,738 63,117

Investments,totalj __ _
do
U.S. Government securities, total. _
do
Notes and bonds
do
Other securities
. - .
--.-do...

81,033
28,944
24,605
52,089

85,146
29,133
22,552
56,013

81,492
27,749
23,266
53,743

81,180
27,076
23,461
54,104

81,159
26,958
23,114
54,201

80,065
26,009
22,384
54,056

79,962
25, 770
22,502
54,192

80,031
25,651
22,085
54,380

81,013
26,307
21,535
54,706

81,615
25,985
21,837
55,630

83,394
27,925
22,357
55,469

85,146
29,133
22,552
56,013

84,343
28,926
22,426
55,417

25,663
21,066
55,205

80, 653
25, 373
20, 473
55,280

79,617
24,509
19,983
55,108

Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates), seas. adj.:
Total loans and investments©
bil. $..
Loans©
©
do
U.S.
securities
do
U S Government
G
ii
Other securities
do

485.7
320.6
60.7
104.5

554.2
376.2
62.0
115.6

505.0

507.4
335.9
62.6
108.9

516.1
341.9
63.1
111.1

517.5
343.7
63.2
110 6

521.9
348.4
62.3
111.2

529.8
356.2
61.4
112.3

535.3
360.0
62.0
113.3

540.4
367.2
59.9
113.3

549.4
373.6
60.6
115.1

554.2
376.6
62.0
115.6

562.8
384.3
62.0
116.5

572.6
395.7
60.2
116.6

581.9
404.7
60.6
116.6

584.5
407.9
60.6

5.50

iOans (adjusted), totald"|
Commercial and industrial
For purchasing or carrying securities.
To nonbank financial institutions
Real estate loans
Other loans

Money and interest rates: §
Bank rates on short-term business loans:
In 35 centers
percent per annum
New York City
do
7 other northeast centers
do
8 north central centers
7 southeast centers
8 southwest centers
4 west coast centers

62.3
108.9

57,294
62,598

57,624
64,405

57, 844 57,892
65,476 67,564

59,827
70,796

58,069
70, 841

58,113
71,778

58,184
73,103

58,572
72,334

58,186
74,310

58,091
78,195

5. 82
2 5.57
2 6.07

5.59
5.28
5.81

6.84
5.55
6.14

6.33
6.09
6.61

6.52
6.22

2 6.30
2 6.62
2 6.46
2
6.38

2 5.74
2 6.07
2 6.02
2 5. 80

5.54
5.78
5.88
5.60

5.79
6.06
6.07
5.82

6.27
6.56
6.36
6.41

6.45
6.76
6.63
.56

2

Discount rate (N.Y.F.R. Bank), end of year or
month
percent..

57,616
61,916

6.01
2 6.56

2

do
do
do
do

169,768 143,920 148,502 150,176
121,308 100,608 101,536 105,300
7,221
6,575
7,165
7,200
6,469
8,614
5,027
5,599
22, 412 20,190
20,694 21,541

6.32

2

176,383

116.0

4.50

2 4.50

4.50

4.50

4.50

4.50

4.50

4.50

4.50

4.50

4.50

4.50

5. CO

5.50

5.50

2 6.37

2 6.00

6.20

6.00

5.90

5.86

5.81

5.81

5.84

5.90

6.05

6.20

6.32

6.40

6.50

Home mortgage rates (conventional 1st mortgages):
New home purchase (U.S. avg.)
percent..
Existing home purchase (U.S. avg.)
do

2 7.59
2 7.54

2 7.45
2 7.38

7.38
7.31

7.38
7.30

7.40
7.33

7.41
7.36

7.43
7.37

7.45
7.39

7.43
7.42

7.48
7.43

7.50
7.44

7.51
7.45

5 7.68
7. 68

7.70
7.72

Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
do.
Commercial paper (prime, 4-6 months)._do_"_
Finance Co. paper placed directly,3-6 mo.do
Stock Exchange call loans, going rate
do

3 4.85
3 5.11
3 4.91
3 5.73

3 4.47
M.69
3 4.52
3 5.16

3.95
4.17
4.03
4.55

4.43
4.58
4.38
4.88

4.25
4.51
4.38
5.00

4.47
4.64
4.45
5.00

4.73
4.85
4.72
5.23

4.67
4.82
4.58
5.25

4.84
5.13
4.91
5.25

5.05
5.30
5.13
5.70

5.01
5.25
5.13
5.75

5.16
5.45
5.24
5.75

5.60
5.78
5.56
6.01

6.14
6.22
5.97
6.29

6-82
6.89
6.44

6.97
7.14
6.76
7.00

4.348
3 5.77

3 4.071
3 5.85

3.723
5.74

3.723
6.01

3.648
5.69

3.874
5.77

4.059
5.86

4.014
6.92

4.651
6.16

4.719
6.11

4.774
6.03

5.061
6.07

5.307
6.29

5,558
6.61

6.054
6.85

6.289
6.74

138,394

157,564

137,879 .39, 410

41, 450 .43, 812

45,214

47, 631

,48,976

50,576 .52, 968 .57, 564 57, 227 57,582 .59,320

111,295

127,332

111,257 12, 439

14,183

17, 702

19, 911

21,193

22,505

24, 325 27,332

43,162
37,216
6,124
36,003

43, 674 44.129 44,353 44,817 45,610
38, 064 40, 080 39, 952 39, 795 39,951
6,328
6,174 6,201
i, 193 6,239
36,413 36,922 36, 870 37,108 37,486

Federal intermediate credit bank loans

do

Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent.
3-5 year issues
do

!

5

7.70
7.65

CONSUMER CREDIT^
(Short- and Intermediate-term)
Total outstanding, end of year or month

mil. $..

Installment credit, total
Automobile paper
Other consumer goods paper
Repair and modernization loans
Personal loans

do....
do.
do""]
do.
do

By type of holder:
Financial institutions, total
Commercial banks
Finance companies
Credit unions
Miscellaneous lenders
Retail outlets, total
r

Automobile dealers

38,664
34,353
5,413
32, 865

44,129
40,080
6,201
36, 922

38,853
33,695
5,437
33,272

39,348
33,981
5,504
33,606

do.
do.II~
do

97,144
51, 240

111,382
59,783
32,088

97,934
51,782
28,716

99,139
52,629
28,955

...do....
do....

14,770
2,251

16, 913
2,598

14,910
2,526

15,083
2,472

15,395
2,511

do

14,151
226

15, 950
261

13,323
228

13,300
232

13,343
237

IZIIdoIIII

40,063
34,439
5,604
34,077

41,019
35,041
5,717
34,588

41,603
35,470
5,799
34,832

42,323
36,188
5,950
35,450

42, 644
36,745
6,049
35,755

.00, 840 .02,909 .04,132 .06,146 .07,278
53,624 54,883 55,688 56,846 57, 566
29,310 29,722 30,065 30,464 30,650

Revised, v Preliminary.
i Average for Dec.
2 Average for year.
3 Daily average.
* See note " 0 " for this
page
s Beginning Jan. 1973, data reflect changes in sample and weighting.
0Beginnmg Nov. 1972, data are not comparable with those for earlier periods because of regulatory
changes affecting reserve requirements (Regulation D) and check collection processing
(Regulation J) that became effective in early November.
d"For 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




16,365

27,368

08,405 .09,673 11,382 11,690
58,266 58, 878 59, 783 60,148
30, 970 31, 427 32, 088 32,177

27,959 .29,375

12,630 14,190
60, 582 61,388
32,431 32,750

16, 742 16,913 16, 847 16,973 17,239
2,644 2,813
2,626 2, 598 2,518
13,765 13,915 14,100 14, 652 15, 950 15, 678 15,329 15,185
13,456
13,570
266
263
261
272
259
257
251
253
243
248
after deduction of valuation reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
{Revisions for months prior to Feb. 1971 will be shown later.
9Includes data not shown separately.
©Adjusted to exclude interbank loans.
§For bond yields, see p. S-20.
_ .
f Revised: new data incorporate adjustment of sample-based estimates to reflect recent
benchmarks and new seasonal factors. Monthly revisions appear in the October 1972 federal Reserve Bulletin.

15,786
2,518

15,910
2,469

16,278
2,558

16,439
2,623

16,556
2,613

SURVEY

S-18

Mar.

Annual

May 1973

1972

1972

1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are a s shown
in the 1971 edition of BUSINESS STATISTICS

CURRENT BUSINESS
Apr.

May

June

July

1973
Aug.

Sept.

Oct.

Nov.

Dec.

30, 232 29,859
12,256 12,204
10,857 10,825
1,379
1,399

Jan.

Feb.

Mar.

29,623
12,409
10,989
1,420

29,945
12,540
11,074
1,466

FINANCE—Continued
CONSUMER CREDIT If—Continued
Outstanding credit—Continued
Noninstallment credit, total
mil $_
Single-payment loans, total
do.__
Commercial banks
do
Other financial institutions_
___do___

27,099
10,585
9,316
1,269

30, 232
12, 256
10, 857
1,399

26,622
10,843
9,491
1,352

26,971
10,933
9,594
1,339

27,267
11,066
9,717
1,349

27,447
11,181
9,831
1,350

27,512
11,235
9,900
1,335

27,720
11,411
10,053
1,358

27,783
11,541
10,165
1,376

28,071
11,717
10,339
1,378

28,643
11,917
10,527
1,390

do_.
do.
do_.
do_.

8,350
8,397
1,953
8,164

9,002
7,055
1,947
8,974

6,963
5,102
1,861
8,816

7,179
5,296
1,883
8,859

7,464
5,587
1,877
8,737

7,610
5,689
1,921
8,656

7,644
5,664
1,""

7,717
5,676
2,041
8,592

7,693
5,613
2,080
8,549

7,780
5,794
1,986
8,574

8,010
6,081
1,929
8,716

9,002
7,055
1,947
8,974

8,357
6,402
1,955
9,298

7,646
5,735
1,911
9,568

7,702
5,825
1,877
9,703

do.
do..
do..
__.do_.

124,281
34,873
47,821
41,587

142, 951
40,194
55, 599
47, 111

11,746
3,363
4,337
4,046

11,224
3,269
4,158
3,797

12,556
3,699
4,593
4,264

13,096
3,938
4,779
4,379

11,833
3,480
4,544
3,809

13,166
3,696
5,094
4,376

11,535
3,110

12,337
3,663
4,831
3,843

12,806
3,505
5,202
4,052

13,643
3,195
6,171
4,277

11,923
3,393
4,949
3,581

11,214
3,407
4,252
3,555

13,681
4,164
5,169
4,348

Repaid, total
._
Automobile paper
Other consumer goods paper.__
Allother
Seasonally adjusted:
Extended, total
Automobile paper
Other consumer goods paper
All other

do..
do_.
___do_.
do..

115,050
31,393
44,933
38,724

126, 914
34, 729
49, 872
42, 313

10,999
3,026
4,221
3,752

10,042
2,774
3,872
3,396

10,812
2,984
4,135

10,914
2.982
4,177
3,755

10,496
2,896
4,115
3,485

10,957
2,976
4,376
3,605

10, 253 11,025
2,789
3,145
4,138 4,360
3,326
3,520

10,986
2,993
4,354
3,639

10,636
2,740
4,155
3,741

11,887
3,169
5,077
3,641

10,623
2,943
4,409
3,284

12, 265
3,371
5,013
3,881

do.
do..
do.
do.

11,741
3,176
4,453
4,112

11,374
3,162
4,370
3,842

11,687
3,274
4,393
4,020

12,057
3,412
4,577
4,068

11,687
3,298
4,684
3,705

12,484
3,491
4,990
4,003

11,953
3,368
4,772
3,813

12,404
3,504
4,971
3,929

12,846
3,620
5,118
4,108

12, 627 13,304
3,763
4,006
5,282
4,876
4,016
3,988

13,434
3,972
5,245
4,217

13, 852
4,001
5,349
4,502

Repaid, total
Automobile paper
Other consumer goods paper
All other

__.do_.
do..
do..
do..

10,427
2,831
3,944
3,652

10,384
2,867
3,986
3,531

10,355
2,819
3,981
3,555

10,671
2,922
4,164
3,585

10,593
2,917
4,249
3,427

10,841
2,896
4,395
3,550

10,667
2,873
4,303
3,491

10, 908 11,128
3,023
3,041
4,444
4,354
3,513
3,661

11,355
3,097
4,649
3,609

11,437
3,145
4,627
3,665

11,808
3,225
4,755
3,828

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
..

3,730

10,964
2,977
4,341
3,646

FEDERAL GOVERNMENT FINANCE
Budget receipts and outlays:
Receipts (net)
Outlays (net)

mil. $
do.

1

Budget surplus or deficit (—)
Budget financing, total
Borrowing from the public
Reduction in cash balances

do
do
do
..do

1-23,033 -23,227 -5,090
i 23,033 1 23, 227 5,090
i19,448 i 19, 442 3,795
i 3,794 i 3, 785 1,295

Gross amount of debt outstanding
do
Held by the public
do..-.
Budget receipts by source and outlays by agency:
Receipts (net), total
mil. $..
Individual income taxes (net)
do
Corporation income taxes (net)
do
Social insurance taxes and contributions
(net)..
mil.$_.
Other
do

188,392
15, 237
i 211,425 231, 876 20,327

409,468
304,328

437,329 437, 553 435,470 438,350 437,329 442,461 446,051 444,580 450, 604 455, 285 460,243 461,030 465,792 469,587
323, 770 329,814 327,755 327,137 323,770 327,499 328,433 328,809 331, 660 336,958 341,155 342,674 346,537 349,542

188,392 '208, 649 15, 237
i 86,230 i 94, 737 3,905
i26,785 i 32,166 4,722
1

Federal Government expenditures, total_..do
Purchases of goods and services
do
National defense
do
Transfer payments
do
Grants-in-aid to State and local govts
do....
Net interest paid
do
Subsidies less current surplus of government
enterprises..
bil. $..

17, 275
6,557
733

25,589
11,054
8,267

15, 207 18,213
7,355 8,380
1,071
665

5,655
2,020

7,443
2,542

4,122
2,180

4,277
2,505

6,849
2,318

18,598
97
6,507

19,960
440
6,871

23, 202
588
8,264

18,591
2,688
5,193

20,581
1,532
5,662

6,179
1,900
310
1,042

5,946
1,951
238
926

6,189
1,919
270
970

8,211
1,869

5,456
1,862

6,013
1,864
289
855

1

292

906

22,183
11,005
4,965

14,738
7,595
965

16,748
8,613
559

18, 972
8,206
5,632

21,130
12,897
1,382

18,067
8,067
672

15,987
3,409
4,867

4,038
2,175

3,759
2,420

4,969
2,606

2,975
2,160

4,486
2,366

7,029
2,298

5,340
2,371

18,471 20,055
403
1,083
5, 204 6,066

21,165
681
6,250

19, 721
207
5,965

23,631
'1,366
6,332

20,227
770
6,075

20,806
328
6,633

7,037
2,098
272
1,276

6,972

4,518
284
986

7,121
4,210
271
1,154

7,051
2,148
241
1,043

6,554
2,474
301
1,061

6,271
1,991
273
831

7,044
1,720
271
893

252. 5

221.4

224.9

229.8

33.1
20.5
55.9

109.0
36.2
20.1
63.4

105.8
34.0
19.9
61.7

107.3
35.2
19.7
62.6

109.1
36.7
20.2

220.8

246.8

236.3

246.5

241.6

262.7

' 260.0

97.8
71.4

105.8
75.9

105.7
76.7

108.1
78.6

105.4
75.1

104.0

' 106. 6
*>75.0

75.0
29.3
13.6

83.4
37.9
13.6

79.4
32.4
13.1

80.4

82.0
34.4
13.6

91.8
46.5
13.7

P92.3
P41.8

5.2

6.1

5.6

6.0

6.2

6.7

'5.0

.0

.0

-.1

.0

.0

-18.1

-14.8

-21.6

-11.8

-24.1

p-7.5

231.59 233.34 234.46
11.12
11.08
11.09
108. 24 109. 73 110.30
75.63
75.72 75.81
70.20
70.03 70.10

235. 97 237. 97 r 239.73
11.19
11.37
11.13
111.62 113. 07 112.98
78.21 ' 76. 95
75.95
70.32 70.57 ' 71. 27

241.02
11.19
114.53
77.48
71.86

242. 07
11.14
115.39
77.51
71.89

7.27 '7.30
18.00
17.92
'1.98
1.62
10.97 ' 11.15

7.37
18.08
1.60
10.78

7.43
18.17
1.57
10.86

Less: Wage accruals less disbursements...do
Surplus or deficit (—)

24,534
11,965
4,895

53, 914 4,350
27, 832 2.259
1
211,425
231,
876 20,327
1
8,560 i 10, 943
354
174,546 i 75,150 6,872

1 48,578
26,798

1

Outlays, total 9
do
Agriculture Department
do
Defense Department, military
1 do
Health, Education, and Welfare Department
1
mil. $.. 161, 866 71, 779
120,990 i 22, 124
Treasury Department
do
i 3,381 1 3,422
National Aeronautics and Space Adm
do
i 9,756 10, 710
Veterans Administration
do
Receipts and expenditures (national income and
product accounts basis), qtrly. totals seas. adj.
at annual rates:
199.1
228.6
Federal Government receipts, total
bil. $..
Personal tax and nontax receipts
do
Corporate profit tax accruals
_
do
Indirect business tax and nontax accruals.do
Contributions for social insurance.
do

24,534 17, 275 25,589 15, 207 18, 213 22,183 14,738 16,748 18, 972 21,130 18,067 15,987
18,598 19,960 23,202 18, 591 20, 581 18,471 20, 055 21,165 19, 721 23,631 20,227 20,806
3,712 -5,317 -4,418
—750 -2,501 -2,160 -4,820
2,387 -3,384 -2,369
5,935 -2,685
4,820
3,384 2,369 -3, 712 5,317
4,418
750
2,501
2,160
2,685 -2,387
-5,935
3,005
1,519
376
5,298 4,197
-618 - 3 , 368
3,730
3,863
2,851
-2,059
934
1,815
2,067
4,088 2,466
-880 - 3 , 447
981
-1,703
-346
3,876
1,435

do

-21.7

bil. 3
.do..
do..
_ do.
do

222.10
11.00
99.80
75.50
69.90

do
do
do.
do.

6.90
17.06
1.76
10.07

38.1
13.8

'109.6
P44. 5

113.6
38.9
20.6
65.3

P20.8
P77.6

73.2

'14.2

LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance cos
Government securities
Corporate securities
Mortgage loans, total
Nonfarm
Real estate
_
Policy loans and premium notes.".""
Cash
_._
Other assets
r

r

239.73 226. 02
' 11.37 11.52
112. 98 103.80
' 76. 95 75.42
' 71. 27 69.90
r 7.30
18.00
'1.98
' 11. 15

7.05
17.21
1.35
9.68

227.89
11.08
105.25
75.47
69.93

229.34
11.13
106.43
75.49
69.94

230.18
11.10
107.07
75.55
69.97

7.03
17.36
1.50
10.20

7.09
17.44
1.54
10.20

7.15
17.53
1.54
10.24

Revised.
v Preliminary.
1
Data shown in 1971 and 1972 annual columns are for fiscal years ending June 30 of the
respective years; they include revisions not distributed to months.




7:18
17.60
1.57
10.29

7.24
17.69
1.55
10.33

7.24
17.77
1.59
10.61

7.23
17.85
1.62
10.57

ifSee similar note on p. S-17.
9 Includes data for items not shown separately.

Apr.

May 1973
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

JUJNT

OF (.
1971

>lJN±Gfc5S
1972

1972

Annual

S-19

Mar.

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

FINANCE—Continued
LIFE INSURANCE—Continued
Institute of Life Insurance—Continued
Payments to policyholders and beneficiaries in
U.S., total __ _
mil. $__ 17,177.2
Death benefits
do_ __ 7,423.3
990.2
256.8
Disability payments
-~
do
1,944.4
Annuity payments
- do
2,881.6
Surrender values
do_
3,680.9
Policy dividends
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :t
Value, estimated total
mil. $-- 189,484
Ordinary (incl. mass-marketed ord.) do. _. 132,803
49,407
Group
do
7,274
Industrial
- _- ..do
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end of period)..-mil. S.- 10,132
-889
Net release from earmark §
do
51,249
Exports
thous $
283,948
Imports
do
Production:
South Africa
mil. $ 1,098.7
77.3
Canada
do
United States
do
Silver:
19,499
Exports
thous $
49,507
Imports
do
Price at New York
dol. perfineoz._ 1.546
Production:
Canada . .
thous.fineoz1
Mexico
do
41,030
United States
do
61.1
Currency in circulation (end of period)
bil. $.Money supply and related data (avg. of dailyfig.):©
Unadjusted for seasonal variation:
Total money supply
bil. $
Currency outside banks _
do
Demand deposits
do
Time deposits adjusted^
do
U.S. Government demand deposits^!
do
Adjusted for seasonal variation:
Total money supply
do
Currency outside banks...
-.do . . .
Demand deposits
__
. .__ do
Time deposits adjustedi
do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:t
Total (233 SMSA's) ©..ratio of debits to deposits
New York SMSA
do .
Total 232 SMSA's (except N.Y.)
do..._
6 other leading SMSA'scf
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
Lumber and wood products (except furniture)
Paper and allied products
. . do
Chemicals and allied products
do
Petroleum refining. _.
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.$__

231.2
51.1
180.1
254.0
6.5

208,497
146,116
55,054
7,327

19,316
13,530
5,099
687

16,788
12,011
4,127
650

17,246
12,535
3,857
854

18,346
12,661
5,070
615

15,757
11,035
4,064
658

16, 726
12,145
4,024
557

16,544
11, 218
4,788
538

17,371
12,686
4,118
567

17,531
12,855
4,116
560

23,526
13,838
9,181
507

15,285
11,316
3,443
526

16,265
12,048
3,691
526

20,604
54,905
5,077
622

10,410
-1,715
63,053
357,689

9,588
38
23,831
27,713

9,588 10,410
6 -1,227
1,633
880
26,020 26,573

10,410
0
2,029
25,801

10,410
0
3,436
11,953

10,410
12
16,339
52, 656

10,410
-1
4,705
31,502

10,410
0
4,257
29,216

10,410
1
983
44,535

10,410
0
3,322
42,212

10,410
4
2,786
19,745

10,410
4
2,015
32,487

10,410

1,109.8
77.2

91.8
6.6

93.2
7.5

94.4
6.8

94.3
6.2

94.4
6.4

94.1
5.9

93.9
6.3

94.2
6.3

91.5
6.0

84.3
6.3

'88.2
6.2

86.5
6.1

31, 592
59,357
1.685

10,574
5,289
1.536

575
3,541
1.572

2,895
6,355
1.583

1,204
3,414
1.569

16,347
5,955
1.736

9,040
2,963
1.846

744
5,431
1.777

1,515
5,911
1.811

1,640
5,735
1.832

2,331
4,765
1.976

616
8,287
2.017

436
6,993
2.236

1,960
8,664
2.309

10,410

2,405
27,526

3,308

4,448

3,032

2,841

3,527

3,244

3,597

2,865

2,420

66.5

60.4

60.5

61.7

62.2

62.4

62.7

62.6

63.6

65.1

66.5

64.3

64.7

65.2

246.2
54.6
191.6
293.4
7.3

239.0
53.1
185.9
282.0
7.9

244.3
53.5
190.8
284.5
7.7

239.5
53.9
185.6
288.6
10.5

243.2
54.4
188.8
291.4
6.9

246.6
55.1
191.6
294.0
7.3

245.5
55.1
190.5
299.5
5.3

248.7
55.2
193.5
302.7
5.9

251.2
55.7
195.5
305.9
6.6

254.3
56.7
197.7
307.7
6.2

262.9
57.8
205.0
311.7
7.3

262.6
56.7
205.9
316.6
8.0

254.0
56.7
197.3
322.5
9.6

'254.1
57.3
' 196.7
331.4
10.1

259.6
58.2
201.5
336.1
8.2

241.4
53.6
187.7
281.3

243.0
53.9
189.1
284.3

243.8
54.2
189.6
288.6

245.1
54.4
190.7
291.7

247.7
54.6
193.1
295.0

248.6
54.8
193.8
298.9

250.1
55.3
194.8
301.9

251.6
55.7
195.9
304.8

252.7
56.2
196.5
308.4

255.5
56.8
198.7
312.8

255.4
57.0
198.4
317.0

256.7
57.5
199.3
322.6

r 256.6
57.9
' 198.7
330.9

258.3
58.6
199.7
336.7

'83.2
195.2
'57.3
83.3
'47.1

'85.7
202.1
'59.0
87.3
'47.9

85.6
200.8
'58.8
89.8
46.9

'84.8
199.9
'58.7
88.1
'47.6

'82.4
194.4
'57.2
84.2
'46.9

'87.6
206.9
60.2
90.2
48.8

88.7
214.9
60.1
89.8
48.8

86.7
208.3
59.2
89.2
47.8

93.5
229.2
62.1
93.9
50.0

90.7
215.7
61.8
95.5
48.9

94.2
224.0
64.5
98.8
51.4

'97.6
238.0
65.8
' 102.3
51.8

97.0
228.3
67.7
104.1
53.8

31,038
2,754
558

36,482
3,114
659

7,934
680
139

9,633
803
161

8,782
797
163

10,133
834
196

603
501
3,780

947
941
4,422

170
168
1,062

266
271
1 097

291
223
1,128

220
279
1,135

5,829
853
621
748

5,159
1,060
687
1,048

1,287
125
160
173

1,095
328
214
324

1,298
355
145
215

1,479
252
168
336

1,070

1,529

312

426

428

363

2,489
2,563

3,340
2,999

713
564

921
763

890
716

816
956

585
3,097
4,990

836
3,697
6,045

15,252

16,133

163
1,010
1,209
3,899

275
1 201
1 488
4,106

208
351
1,574
3,573

190
1,135
1,774
4,555

SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
mil. $ 106,430 96,481 6,556 8,636 9,547
By type of security:
Bonds and notes, total
do
92,2R9
83,420
5,580
8,399
7,771
Corporate
"do
31,883
28,896
2, 253
2,450
2,411
Common stock.
do
10,459
9,694
694
1,017
601
Preferred stock
do
3,683
3,367
282
131
263
Prelnmn
l
sn^n
•
ary.
Beginning Jan. 1972 valued $38 perfineounce.
§Or increase in earmarked gold (—).0Effective February 1973 SURVEY data revised to reflectAnnual review of seasonal factors; regular benchmark adjustment; effect of changes in check
collection procedures (Regulation J); and adjustments to include new figures from internationally oriented banking institutions. Monthly revisions back to 1959 are in the Feb. 1973
.r ecierai xteserve .Bulletin.



7,588

6,921

7,136

5,635

9,505

10,987

8,210

'6,563

7,247

5,802
2,555
1,174
612

5,803
2,465
913
206

6,187
1,945
743
206

4,566
1,651
765
305

8,051
2,336
1,033
421

9,953
2,343
880
154

7,440
2,625
498
272

'5,512
'1,333
'913
'137

6,276
923
821
150

1fAt all commercial banks. {Series revised to reflect recalculation of seasonal factors; revisions
back to 1964 are shown in the July 1972 Federal Reserve Bulletin, p. 634. ©Total SMSA s
include some cities and counties not designated as SMSA's. cf Includes Boston, Philadelphia,
Chicago, Detroit, San Francisco-Oakland, and Los Angeles-Long Beach.

CURRENT

S-20
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of B U S I N E S S S T A T I S T I C S

May 1973

Mar.

Annual

1973

1972

1972

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

•2,312
• 1,638

1,526
2,056

65.5
86.1

65.2
84.1

64.9
85.7
64.39

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__Transportation §
Communication
Financlal and real estate
Noncorporate, total 9
U.S. Government
State and municipal
State and municipal issues (Bond Buyer):
Long-term
Short-term

46,025
11,645
1,261
11, 752

41, 957
6,629
2,010
11,357

3,229
604
189
740

3,275
581
62
1,219

3,598
761
106
738

4,341
767
168
1,538

3,583
574
163
798

2,893
452
255
635

2,720
603
93
1,247

3,791
383
278
1,280

3,377
426
338
794

3,396
589
176
861

•2,384
'173
'90

do...
do...
do. _.

2,411
5,818
8,662

3,048
4,817
10, 580

105
227
1,112

131
178
752

213
391
1,021

185
800
529

160
586
1,148

96
237
823

61
33
232

165
371
1,074

69
658
730

238
50
1,165

'135
'31
'953

87
140
745

do...
do...
do. _ -

60,406
17,325
24,370

54, 523
17,080
23,028

3,327
586
2,185

5,360
2,281
1,963

5,949
2,360
1,924

3,248
536
2 222

3,338
496
1,784

4,243
606
1,898

2,915
474
1,701

5,714
2,530
1,970

7,610
3,590
1,817

4,814
2,553
1,760

• 4,179
1,199
•1,889

5,353
1,603
1,445

do_..
do

24, 370
26, 281

22, 941
25, 222

2,185
3,407

1,963
1,516

1,924
2,726

2,222
2,705

1,784
1,215

1,898
1,840

1,701
2,475

1,970
1,587

1,814
2,764

1,801
1,640

1,889
1,622

1,445
1,130

1
6,535
i 5, 700
1835
i 1,298

19,045
i 8,180
i 865
i 1, 528

7,847
6,896
951
1,294

8,250
7,283
967
1,278

8,472
7,478
994
1,296

8,747
7,792
955
1,274

8,924
7,945
979
1,285

9,092
8,060
1,032
1,298

9,091
1,008
1,255

9,024
8,081
943
1,351

9,068
8,166
902
1,396

9,045
8,180
865
1,528

8,840
7, 975
865
1,484

8,628
7,753
875
1,508

1387
1,837

1414
U,957

442
2,070

433
2,030

403
1,930

386
1,845

403
1,842

384
1,733

380
1,677

390
1,828

414
1,957

413

1,708

431
1,770

65.0
80.0

65.9
84.4

66.2
84.1

65.1
82.5

65.2
84.6

65.6
83.4

65.6
83.1

65.8
84.2

65.6
83.4

65.5
85.2

65.9
87.1

66.0
87.1

67.73

.8.71

68.43

67.66

68.59

69.05

.9.23

69.55

68.06

68.09

69.87

68.68

65.89

64. 09

63.59

775.98 799.32
807. 23 840.74

632.67
679.82

723.49 525.26 676. 38 935. 61
775. 83 580. 92 747. 69 989. 33

807. 45
866. 54

841. 65
964. 63

734.02
790.10

783.47
869.21

886.17
928. 53

740. 76
790.08

786.18
837. 91

692.06
738.43

740.12
828.62

463. 55

417.92

448. 44

362. 93

392.08

351. 32

204
66
596

SECURITY MARKETS
Stock Market Customer Financing*
Margin credit at brokers and banks, end of month,
total
mil. $At brokers.
do...
At banks
do
Other security credit at banks
do._.
Free credit balances at brokers:
Margin accounts
do. _ _
Cash accounts
do. _ -

1

Bonds
Prices:
Standard <fe Poor's Corporation:
High grade corporate:
Composited1
dol. per $100 bond..
Domestic municipal (15 bonds)
do..—
U.S. Treasury bonds, taxablei

do

Sales:
Total, excl. U.S. Government bonds (SEC):
All registered exchanges:
Market value
mil. $.. 8,803.91 9,515. 67 975.83 837. 59
10,157.90 10,077.35 1,013.72 859. 85
Face value
do
New York Stock Exchange:
8,009.57 8, 717. 24 870.04 763.19
Market value
do.
9,080.68 9,168. 52 895.25 778. 24
Face value
do.
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $__ 6,563.82 5,444.12
Yields:
Domestic corporate (Moody's)
By rating:
Aaa
Aa.._ . . . .
A.
Baa... -. . .

percent..

569. 24

717.15
741.02

740. 74 581. 21 669.41 481.76 629.34
776.82 625. 30 712. 97 527. 60 692.12

458. 20 443. 07 362.57

415.73

i9.72

7.66

7.66

7.61

7.59

7.59

7.52

7.47

7.49

7.57

7.62

7.62

7.19
7.43
7.64
8.19

7.22
7.41
7.64
8.09

7.21
7.45
7.64
8.06

7.12
7.39
7.58
7.99

7.08
7.36
7.50
7.93

7.15
7.37
7.53
7.90

7.22
7.47
7.60
7.97

7.29
7.49
7.66
8.03

7.26
7.49
7.64
8.09

7.63

7.66

do

7.39
7.78
8.03
8.56

7.21
7.48
7.66
8.15

7.24
7.53
7.66
8.24

7.30
7.57
7.74
8.24

7.30
7.56
7.75
8.23

7.23
7.51
7.69
8.20

7.21
7.50
7.71
8.23

do . . .
do
do....

7.57
8.13
8.38

7.35
7.74
7.98

7.35
7.81
8.03

7.42
7.87
8.04

7.43
7.88
8.01

7.36
7.83
7.98

7.39
7.80
8.00

7.35
7.69
7.99

7.36
7.63
7.97

7.36
7.63
7.97

7.28
7.55
7.95

7.22
7.48
7.91

7.27
7.51
7.87

7.34
7.61
7.92

7.43
7.64
7.94

7.43
7.64
7.98

Domestic municipal:
Bond Buyer (20 bonds)
Standard & Poor's Corp. (15 bonds)

do
do

5.46
5.70

5.25
5.27

5.40
5.30

5.20
5.45

5.15
5.26

5.43
5.37

5.32
5.39

5.38
5.29

5.30
5.36

5.04
5.20

4.99
5.03

5.11
5.03

5.16
5.05

5.22
5.12

5.26
5.30

5.10
5.16

U.S. Treasury bonds, taxableO

do

5.74

5.63

5.66

5.64

5.59

5.54

5.70

5.69

5.50

5.63

5.94

6.20

6.11

8.81
9.50
4.77
3.78
7.28
10. 62

8.92
9.61
4.87
3.73
7.32
10. 99

8.79
9.45
4.86
3.58
7.31
10.91

9.58
4.86
3.81
7.31
11.02

8.87
9.58
4.86
3.78
7.31
11.02

8.87
9.59
4.86
3.78
7.31
11.02

8.97
9.60
4.88
3.78
7.31
11.02

8.97
9.60
4.89
3.78
7.31
11.02

9.62
4.89
3.79
7.31
11.02

9.21
9.97
4.90
3.83
7.31
11.02

9.22
9.97
4.92
3.92
7.39
11.10

9.29
10.06
4.95
3.95
7.39
11.38

9.32
10.09
4.98
3.96
7.39
11.53

9.34
10.10
4.99
3.96
7.54
11.53

9.38
10.17
4.99
4.00
7.54
11.53

261.43
318.75
84.16
85.12

290.65
362.44
80.20
91.00

285.67
354.30
80.77
95.75

286. 59 289. 90 283. 32 285.55
356. 26 361. 77 354.96 357.81
75.11
75.27
77. 94 77.13
86.96
94.88 92.59 87.87

295.79
369.60
78.25
90.16

294. 25 295. 56 309. 50
366. 24 365. 83 383.21
86.86
78.48 83.36
85.86
83.85 93.33

313. 81
389.48
83.61
91.26

311.61
388. 63
79.43
86.38

298. 69
373. 23
77.54
81.39

298.30
374.61
75.20
84.58

286. 63
358. 35
74.73
77.95

3.37
2.98
5.67
4.44
4.14
3.25

3.07
2.65
6.07
4.10
3.35
2.92

3.08
2.67
6.02
3.74
3.58
3.14

2.94
2.56
5.88
4.30
3.06
2.67

2.59
6.23
4.57
3.07
3.09

3.12
2.70
6.42
4.87
3.26
3.30

3.13
2.70
6.64
4.68
3.30
3.20

3.27
2.84
6.68
5.13
3.49
3.56

By group:
Industrials
Public utilities.
Railroads

do
do

7.94

7.71

7.71

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
do
Industrials
. ___ ..do
Public utilities
do
Railroads
do_.
Yields, composite
•
Industrials
_ _ _
_
Public utilities
Railroads
N.Y. banks..
Property and casualty insurance cos

percent.
do_
do..~
do
do
do

9.49
4.86
3.58
7.31
10. 99

3.07
2.66
6.24
3.77
3.43
2.90

3.06
2.65
6.30
4.11
3.49
2.82

Earnings per share (indust., qtrly. at ann. rate;
pub. util. and RR., for 12 mo. ending each qtr.):
17.55
18.43
' 20. 28
Industrials
_ dollars
7.01
7.27
Public utilities
do
'7.73
r
'4.37
Railroads
do
3.93
6 . 71
l
' Revised.
v Preliminary.
End of year.
*New series; more detailed information
appears in the February 1972 Federal Reserve Bulletin.
9
Includes
data
not
shown
separately.
§
Beginning
April 1971 SUKVEY, data reDigitizedstated
for FRASER
to include "other transportation" in addition to railroad data formerly shown.



3.13
2.70
6.46
4.30
3.53
3.00

3.11
2.68
6.47
4.35
3.28
3.13

3.03
2.60
6.24
4.19
3.08
2.90

3.05
2.62
6.23
4.40
3.02
2.94

3.04
2.63
5.87
4.52
3.05
2.70

2.98
2.60
5.64
4.10
3.17
2.52

v 23. 50
24. 42
17.44
P7.82
'7.73
7.72
'6.71
'5.28
d"Number of bonds represented fluctuates; the change in the number does not affect the
continuity of the series.
^Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
G For bonds due or callable in 10 years or more.

20. 81
7.53
M.71

SURVEY OF CURRENT BUSINESS

May 1973
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1971

Annual

S-21
1973

1972

1972

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FINANCE—Continued
SECURITY MARKETS—Continued
Stocks—Continued
Dividend yields, preferred stocks, 10 high-grade
(Standard & Poor's Corp.)
percent..
Prices:
Dow-Jones averages (65 stocks).
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks)

_

Standard & Poor's Corporation:d*
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43=10..

6.75

6.89

6.76

6.91

6.90

6.93

6.99

6.90

7.00

298.12
884.76
117.22
217.20

319.36
950.71
112.83
241.44

323.84
939.23
114.34
259.48

329.83
958.16
110.56
270.08

322.26
948. 22
108.80
257.34

315.09
943.43
106.27
243.84

306.91
925.92
107.09
229.95

315.22
958.34
109.07
233.53

310.15
950.58
109.76
222.86

107. 65 108. 01 107.21

6.91

7.03

321.92 322.19 332.15 325.94 308.40
944.10 1,001.19 1,020.32 1,026.82 974.04
113.06 121.33 121.47 118.06 113.08
215.88 227.89 232.74 216.58 202.04

300.94
957.35
109.52
194.60

7.03

6.93

6.92

6.87

98.29

109.20

107.69

108.81

111.01

109.39

109.56

115.05

117.50

118.42

114.16

112.42

108.35
102.80
99.78
59.33
41.94

121.79
119.39
113.90
56.89
44.11

119.73
116.89
113.20
57.73
46.48

121.34 120.16 120.84
120.19 119. 65 120.92
115. 05 112. 67 113.43
55.70
53.73
54.94
43.66
47.38 45.06

119.98
119.13
112.57
53.47
42.00

124.35
124.47
116.17
54.66
43.28

122.33
121.63
113.19
55.36
42.37

122. 39
119. 50
112.94
56.66
41.20

128.29
122.11
119.51
61.16
42.41

131.08
124.57
122.26
61.73
44.62

132.55
127.04
122.57
60.01
42.87

127.87
125.56
117.54
57.52
40.61

126.05
124.53
116.41
55.94
39.29

do
do

46.31
87.06

57.37
105.81

52.16
94.79

55.76
103.47

55.57
101.57

55.27
103.63

57.35
106.94

61.28
112.21

62.11
116.62

63.99
118.20

63.45
117.74

62.48
114.24

65.03
113.88

59.30
103.73

61.21
105.59

Property-liability insurance (16 stocks)_.do

115.04

132.58

128.19

133.66

139.43

132.63

127.13

131. 71

129.86

133.04

149.68

144.16

134.69

124.23

124.67

New York Stock Exchange common stock indexes:
Composite
12/31/65=50..
Industrial
_
__do
Transportation
do
Utility
_do____
Finance
-do

54.22
57.92
44.35
39.44
70.38

60.29
65.73
50.17
38.48
78.35

59.96
65.18
53.71
38.56
77.15

60.65
66.10
55.50
37.48
80.36

59.82
65.30
53.43
37.04
78.32

59.87
65.76
51.26
36.32
76.59

59.21
65.13
48.45
36.02
75.41

61.07
67.25
48.97
36.87
78.27

60.05
65.72
46.49
37.82
78.41

59.99
65.35
44.95
38.93
79.64

62.99
68.29
47.50
41.81
84.57

64.26
69.96
48.44
42.28
83.45

64.38
70.55
45.14
41.72
81.62

61.52
67.67
42.34
39.95
74.47

60.15
66.20
40.92
39.13
72.32

204,032
6,299

21,408
661

18,448
584

17,093
507

16, 744
506

13,915
427

17,596
525

14,821
461

18,540
556

17,863
549

18,926
563

15,062
446

16,486
519

159,700
4,496

16,439
460

14,122
413

13,124
357

12,989
360

10,831
307

13,828
378

12,183
367
9,669
264

11,930
346

15,047
414

14,473
398

15,407
414

12,323
330

13,449
382

4,138

404

368

336

315

289

357

246

317

406

345

394

318

342

871.54
19,159

790.22
17,777

791. 04 810.43
17,916 18,113

793.22
18,432

791.10
18,607

821.15
18,773

816. 22 824.96
18,875 19,002

863.52
19,063

871. 54
19,159

854.13
19,323

816.96
19,403

809. 76
19, 525

Industrial, total (425 stocks) 9
Capital goods (116 stocks)
Consumers' goods (184 stocks)
Pu blic utility (55 stocks)
Railroad (20 stocks).Banks:
New York City (9 stocks)
Outside New York City (16 stocks)

do....
do
.do
do
..do...-

Sales:
Total on all registered exchanges (SEC):
Market value
mil. $_. 185,027
5,916
Shares sold
millions..
On New York Stock Exchange:
Market value
mil. $.. 147,098
4,265
Shares sold (cleared or settled)
millions..
New York Stock Exchange:
Exclusive of odd-lot and stopped stock sales
3,891
(sales effected)
millions.
Shares listed, N . Y . Stock Exchange, end of period:
Market value, all listed shares
bil. $.
Number of shares listed
millions.

741.83
17,500

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:
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
._

49,767.7

4,345.8 3,935.1 4,193.3 4,050.8 3,723.3 3,982.6 4,007.3 4, 510.2 4,613.4 4,725.3 4, 789.1 4,900.6 5,975.7

49,208.1

4,306.3 3,885.1 4,140.5 4,014.9 3,657.2 3,937.0 3,964.1 4,442.7 4,582. 7 4,693.2 4, 747. 2 4,864.0 5,922.8
3,869.4 3,817.1 3,885.2 3,971.1 4,052.3 4,199.5 4,177.1 4,317.9 4,472.8 4,560.5 4,977.1 5,084.6 5,379.5

1,694.3
9.855.3
1.168.4
14,562.3
10,367.4
3,154. 5
3,327.7

1,572.0
11,275.7
1,034.9
16,098.4

136.6
109.9
113.2
114.6
111.5
150.9
138.9
134.1
146.6
, 068.8 876.0
878.5
900.4
855.2 1,016.8 1,072.5
931.7
893.3
95.0
85.7
84.9
72.4
70.7
83.9
104.3
93.9
93.9
,436.5 1,248.5 1,388.4 1,182.8 1,187.4 1, 246. 5 1, 282. 7 1,407.2 1,535.8

do
...do

62.9
622.3

76.1
597.1

9.1
48.4

40.7

3.5
36.4

7.7
46.4

5.0
37.5

12.1
64.0

4.4
48.6

3.0
70.1

8.8
50.9

2.9
53.9

7.4
61.3

12.5
55.1

29.9
52.5

do
do
do
do

1,018.3
648.1
211.4
71.5

857.0
350.0
183.0
128.0

80.2
45.9
19.9
9.5

72.0
18.3
25.4
11.4

59.5
21.7
13.3
9.2

58.4
49.2
17.1
7.0

70.0
28.2
14.3
5.8

90.3
20.8
15.1
16.9

69.2
20.9
8.2
21.0

75.3
21.0
16.0
18.7

76.1
25.3
8.9
8.5

67.5
27.6
14.2
9.1

86.7
23.8
15.7
8.1

89.2
28.7
21.0
11.7

80.3
39.4
10.3
11.2

do
do..
do..

263.0
307.6
340.2
365.6
4,054. 8 4,941.2

18.1
34.8
512.6

35.0
28.4
372.8

30.6
375.0

31.0
387.7

22.3
34.4
376.5

11.3
27.8
405.3

21.5
32.8
378.5

21.1
29.5
463.7

24.0
29.4
488.5

44.0
32.0
511.6

46.3
25.3
547.8

34.1
29.1
565.3

21.8
32.4
771.7

do
do..
do..

1,373.2
25.4
2,831.1

1,609.6
14.9
2,811.2

172.4
5.7
251.7

123.5
.4
234.7

129.4
.3
237.3

117.0
.5
219.6

113.5
.5
219.9

108.8
.6
199.0

117.6
.2
206.9

150.6
.2
247.3

151.2
.3
262.9

160.9
3.0
272.0

187.4
.3
246.5

180.2
2.4
259.1

240.6
8
314.0

do.... 1,313. 9 1,425.2
do
160.9
546.7
2,369.2 2,658.2
do

144.8
35.1
277.0

110.7
30.2
201.8

163.6
29.1
197.5

115.3
21.0
200.2

103.2
19.3
192.8

93.3
75.1
184.9

105.2
67.8
236.2

100.9
64.0
215.2

129.4
56.1
275.3

138.9
101.4
241.0

129.6
98.3
249.7

143.3
99.8
238.0

183.5
111.6
310.4

mil. $._
do
do
do..
do..
do.
do..
do_.
do.
do.

12,419.0 1,024.3 1,071.0 1,120.1 1,114.6
3,564.2
296.1
275.0
283.6
290.5
3,711.4
291.9
267.3
309.1 328.7

188.4
154.8
149.1
142.3
1,130.6 1,161.1 1,216.8 1,536.9
96.0
107.2
128.5
82.8
1,629.6 1,649.5 1,705.5 2,132.3

875.5 1,008.9 1,062.9 1,158.3 1,138. 6 1,060.0 1,080.3 1, 090.4 1,283.3
383.8
308.9
324.2
298.1
304.0
279.4
327.0
349.6 325.6
303.9
352.2
307.5
306.3
308.1 337.7
353.0
310.8
296.1

North and South America:
Canada
do.--- 10,365.4 12,415.4 1,024.2 1,070.9 1,119.9 1,114.6 873.8 1, 008. 2 1,062.8 1,157.9 1,138.5 1,060.0 1,080.1 1,090.1 1,283.2
••Revised.
affect continuity of the series.
9 Includes data not shown separately.
cf Number of stocks represents number currently used; the change in number does not




Apr.

SUEVEY OF CURRENT BUSINESS

S-22
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1971

|

1972

Annual

May 1973
1973

1972

Mar.

Apr.

May-

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE—Continued
Value of Exports—Continued
Exports (mdse.), incl. reexports—Continuedi
By leading countries—Continued
North and South America—Continued
Latin American Republics, total 9
mil. $
Argentina
do
Brazil
..do. _
Chile
do
Colombia
do
Mexico
do
do
Venezuela
Exports of U.S. merchandise, total
Excluding military grant-aid
Agricultural products, total
Nonagricultural products, total

__

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
.- d o -

5,666. 5
390.9
966. J
223.7
377.5
1, 620.0
787.1

6,471.2
400.1
1,242.9
187.0
317.3
1,982. 2
923.7

515.1
26.4
95.7
16.6
25.0
158.8
73.4

478.3
23.1
90.5
12.8
23.2
153.7
70.3

534.3
34.5
102.7
25.6
24.5
159.7
72.3

552.4
24.9
108.0
15.4
29.9
158.9
94.4

526.0
38.8
112.4
14.8
22.9
153.9
73.0

541.2
34.9
106.9
15. (
23.3
171.4
73.0

550.4
43.1
100.4
12.1
23.9
171.2
78.1

617.9
45.1
118.5
15.5
26.9
207.6
73.1

548.7
26.8
104.2
9.6

26.4
184.4
76.2

43, 491. 8 48, 968.3 4,286.1 3,860.0 4,127.3 3,978.0 3,664.8 3,912.3 3,937.2 4,448.9 4,527.1
42, 910. 5 48,408.7 4,246.6 3,809.9 4,074.6 3,942.0 3,598.7 3,866.7 3,894.0 4,381.4 4,496.5
628.2
668.6
7, 698. 0 9,409.6
711.9
684.0
681.8
743.3
908.0 1,079. 9
709.9
35,793.7 39,466.6 3,620. 9 3,233.3 3,415.3 3,234.8 2,986.1 3, 236. 0 3,228.1 3,540.9 3,447.2

4,366.6
192.0
2,449.1

5,665.3
252. C
3,505.0

376.5
17.7
198.8

361.7
18.8
214.4

449.0
27.6
265.2

474.2
23.7
295.8

436.5
19.5
272.8

472.3
18.7
318.4

517.3
19.6
333.6

550.8
29.9
337.4

615.5
23.9
384.8

604.

547.4
28.0
113.7
14.0
23.6
180.2
74.4

554.4
20.8
101.4
14.1
30.3
180.6
92.5

648.7
27.3
123.0
15.4
34.9
215.6
81.0

4,651.
4,619.6
1,110.8
3.540.9

4, 719.5
4, 677. 7
1,136.1
3,583.5

4,831.1
4, 794.5
1,179.4
3,651.7

5,878.7
5,825.8
1,407.7
4,471.0

659.3
23.1
441.4

688.6
21.7
476.7

669.4
26.2
455.5

802.3
48.4
531.1

27.

119.
14.4
32.9
188.9
96.

709.2

908.3

49.5

34.3

59.0

54.1

59.7

66.2

76.3

85.8

94.8

90.5

62.9

74 5

78.4

Crude materials, inedible, exc. fuels 9 . . d o — 4,328. 6
583.2
Cotton, raw, excl. linters and waste.. ..do--.Soybeans, exc. canned or prepared
- d o — 1,324. 8
486.7
Metal ores, concentrates, and scrap.. .do .

5,029.2
502.8
1,507.7
507.9

436.5
72.1
102.9
41.9

399.2
45.8
125.9
30.8

387.5
27.7
109.7
41.9

371.6
24.6
106.1
42.2

361.9
17.7
91.5
45.6

353.2
10.1
84.5
49.3

311.4
13.8
53.0
43.1

449.7
30.4
186.2
51.2

565.5
55.9
214.8
44.2

565.9
85.7
185.5
61.6

586.4
103.2
185.9
55.8

663.1
82.0
254.6
59.3

840.7
104.7
304.4
90.8

1,497. 4
do
Mineral fuels, lubricants, e t c . 9 . . .
950.7
Coal and related products
.do _
Petroleum and products
..do—. 478.9
Animal and vegetable oils, fats, waxes.. ..do... _ 615.2
3,836.0
Chemicals
__
do
4,413.4
Manufactured goods 9
do
632.1
Textiles
do
Iron and steel
_
791.6
do
595.6
Nonferrous base metals
do

1,553.8
1,019.1
445.0
507.2

135.5
87.4
42.8
38.2
343.2
434.8
63.8
74.7
55.6

131.6
88.8
35.1
35.8
293.9
387.6
61.2
61.4
51.0

135.6
96.4
35.3
42.0
343.6
413.8
64.0
69.3
47.5

122.9
84.9
35.9
62.1
335.5
404.4
63.5
70.8
44.3

102.9
62.5
36.1
44.5
332.8
374.1
54.6
64.2
37.9

157.2
113.9
38.2
37.1
349.1
421.8
66.2
73.8
38.6

130.3
89.1
35.6
36.3
336.3
405.8
64.9
75.0
44.6

137.1
91.1
37.2
35.2
392.9
445.7
74.2
70.9
51.5

146.9
95.3
41.8
47.7
332.0
426.3
72.0
66.2
47.1

128.9
67.5
41.-i
36.3
385.7
440.5
75.5
71.2
51.2

105 3
62.0
36.2
44.0
403 8
478 2
78 3
85 5
57.8

106 7
55.5
36.3
44.8
384 7
457 6
71 6
75 2
54 1

121.2
71.4
38.2
61.0
441.8
534.0
85.9
98.0
59.7

Beverages and tobacco

Machinery

and transport

do

equipment , total

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 adj usted
By geographic regions:
Africa
Asia.. .
Australia and Oceania
Europe
Northern North America.. . .
Southern North America
South America
By leading countries:
Africa:
Egypt.
Republic of South Africa
Asia; Australia and Oceania:
Australia, including New Guinea
India.
Pakistan
Malaysia^

Indonesia.
_.
Philippines
Japan
Europe:
France
East Germany
West Germany...
Italy
.

mil. $__ 19,459.8
11,560.9
do

1,779.6 1,894.8 1,756.5 1,572.4 1,673.9 1,739.7 1,887.4 1,904. 7 1,937.2 1, 956.4 2,026. 9 2,527.8
, 086.3 1,119.3 1,101.3 1, 031.3 1,063. 2 1,034.6 1,132.6 1,185. 2 1,199.0 1, 222.6 1 223 0 1,444.5
64.2
71.9
69.6
63.1
58.8
105.0
59.3
61.8
62.8
56 7
64 3
78 3
38.6
31.2
31.7
32.5
33.8
30.4
35.6
44.4
30.6
32.4
42 1
31 4
142.7
139.5
139.8
137.4
130.2
124.1
130.4
180.7
148.1
119.3
135.0
151 0
291.3
305.6
303.3
283.6
296.4
337.5
352 4
409.7
334.8
341.3
309 6
369 7
541.4
714.7
655.0
775.3
738.2
610.8
719.6
754.8
675.1
733.8
803.9 1,083.4
415.5
438.7
398.9
283.4
357.4
433.2
474.2
448.5
426.7
455.8
551.0
477 5
265.4
261.0
271.4
264.3
325.7
264.7
283.1
276.3
265.0
275.1
263.3
270.8
131.4
118.9
144.9
137.9
145.7
116.8
128.7
131.0
131.0
120.5
118.9
132.6

596.7
404.5
1,404.2
3, 066. 7
7, 899. 0
4,157.1
2, 734.1

21,422.2 2,053.6
13, 244.4 1,190.3
749.6
71.0
410.0
35.2
1,601.1
145.4
3,699.2
322.7
8,269.7
883.8
4,796.4
418.5
3,190.0
284.0

1, 531. 4

1,562.6

45,562.7

5,555.2

4,843.6 4,248.0 4,722.0 4,768.1 4,313.7 4,727.4
4,515.3 4,413.0 4,482.2 4,467.7 4,565.2 4,726.0

do
do
do
do
do
do

1, 236.3
11,779.5
894.9
12,881.1
12,695.4
3, 000.5
3,033. 7

1,595.2
5, 111. 5
1,145.4
5, 740.3
4,915.3
3,536.3
3,460.0

126.4
111.3
, 332.1 , 108.0
73.3
95.3
, 427. 6 ,159 7
288.6 , 234.3
317.5
310.6
275.8
223.4

do
do

19.1
286.5

16.9
324.7

34.4

21.1

33.3

22.1

36.4

26.4

26.7

do

636.1
329.1
77.1
269.0
207.2
495.6
7, 258. 8

426.6
40.2
301.2
277.8
483.5
9, 064.3

819.9

48.7
38.2

72.7
30.4

62.1
42.5

68.4
42.8

91.3
30.2

26.0
17.1
49.1
847.1

3.5

4.0

3.3

57.5
38.2
19
24.1
18 2
33.8
680.1

92.0
37.3

1.5

5.1

2.2

21.5
26.1
50.8
911.1

17.6
29.5
52.7
805.5

1,087. 7
10.1
3,650. 5
1,405. 7
57.2
2, 498. 5

1,368 5
10.3
4,248. 7
1 755 8
95.4
2,985.9

98 2
9

112 9

108 7

.9

.6

7

317.7
139 0
1.9
214.2

395.7
132 3
7.9
245.6

.6

7

132 5

1.0

385.7
164.3
5.8
263.7

349.2
143 6
7.4
295.6

373 2
142 3
7.3
246.9

380.6
173 1
9.7
208.2

282.0
134 6
14.0
197.1

12,691.5
4, 881. 0
175.8
761.7
90.9
239.2
1,261. 6
1, 215. 9

4,908.9
5, 772.1
201.4
941.6
82.9
284.1
1,631.6
1, 297.5

288.1
486.9
15.3
50.5
10.7
17.9
155.0
127.8

234.2
421.2
17.5
48 3
4.1
14.5
144 7
95 2

339.2
456.1
14.8
64.3
3.3
24.5
155 1
87.0

373.2
476.3
17.7
74 7
5.7
21.0
125 0
113 9

062.9
447.4
15.0
86 2
12.6
19.2
121 3
99 1

025.8
482.9
16.1
76.5
10.1
30.7
126.6
104.1

5, 765. 5
39,797.3

6,504.9
9,050.4

507.9
336.2

487.7
760.2

534.9
526.7
187.3 i1,239. 8

471.3
842.4

556.1
171.2

do
do
.do
do

.dodo

do
do
do

do
do

do
do
do
do

do
do
do
do
do

dr»

Union of Soviet Socialist Republics ._ do.
United Kingdom
do
North and South America:
Canada
do
Latin American Republics, total 9
do.
Argentina
do
Brazil.... _ _
do
Chile
do
Colombia
do
Mexico
do
Venezuela
._
do
By commodity groups and principal commodities:
Agricultural products,total
mil. $
Nonagricultural products, total
do_.~~




4,133.7
4,904. 0
778.8
825.9
566.8

134.4

.6

138 0

1.8

20.6
23 2
28.9
691.7

139.1
,251.3
94.9
,330 8
, 339.5
315.1
246.0
.4

30.7
21 7
32.2
769.3
.5

126.8
134.6
, 240. 3 , 174.8
96.6
87.2
, 345. 9 , 314.4
, 373. 3 ,063.5
287.5
258.3
292.3
277.1
2.5

23.3
20 1
50.8
707.2
115 8

1.2

, 484.8 , 007.1 , 189. 8 4, 795. 0 5,423. 0 ,944.6 5,595.6
4,605.5 4,736.2 5,136.4 5,001.6 5, 280.9 ,540.8 ,432.1

124.5
137.8
,488.6 ,339.8
128.0
127.8
, 341. 6 ,122.0
, 027. 3 ,206.1
308.7
248.7
292.0
312.5
1.9

1.3

165 5
, 398.7
123.4
355 3
,372 9
287.7
299.6

141.4
164.7
,404.1 1,247. 6
83.4
101.0
491 7 1 366 4
,456 8 302 4
310.9
305.5
283.9
314.3

182.5
, 245.0
90.1
405 2
, 337.8
277.7
301.8

216.4
,413.3
90.1
, 587.9
, 546.9
411.6
324.3

1 i
33 9

1 6
26.5

16
23 1

3 7
25 2

37.2

30.1

89 1
27 3
25
33 9
28 2
34.9
819.0

79 9
34 0

61 9
29 1

72 3
35 2

62.3
29 0

61.9
38.4

2.3

2.6

3.3

3.3

24 9
24 2
41.5
863.9

21
8
9
6 1
56.0
724. 6

364 5
124 4
9.5
271.8

127 1
1 0
380 9
156 2
11.1
319.0

205.6
473.6
16.8
108.2
6.3
17.0
114 6
108.6

372.3
488 9
17.1
85 2
7.1
26.1
125 2
101 9

456.5
486.1
16.3
78 9
6.8
23.2
146 6
108 8

545.4
939.4

580.3
426.7

94.3

155 4
364.3
101.2
555 3
477 9
368.4
393 4

113 8

.5

1.2

3.6

30.9
34.2
50.3
792.2

23 3
29 4
35.0
800.8

23.6
25 0
31.3
708.7

121 6

138 1

123 1

357 5
147 9
12.8
264.7

421.2
170 2
18.4
296.4

379.7
162 6
12.5
266.6

436.8
167.0
15.5
292.6

,301.8
521.1
21.3
70 6
5.3
27.9
149 4
134 4

477.8
615.8
24.4
131 2
13.3
35.1
161 7
130.6

337.8
562.5
16.9
80.5
12.4
24.9
170 5
109.2

546.1
608.9
15.5
85.3
5.4
30.1
196.8
130.8

554.1
564.3
635.7 4 ,230.7

659.7
763.3

618.1
326.5

666.0
929.6

8

9

.5

128.3
.7

Apr.

May 1973

SURVEY OF CURRENT BUSINESS

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown

in the 1971 edition of BUSINESS STATISTICS

1971

|

Annual

S-23
1973

1972

1972

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Dec.

Jan.

Feb.

Mar.

544.6
6.8
103.5
111.9
52.4

539.2
23.6
83.7
89.6
62.7

616.7
25.7
132.9
108.8
71.9

568.4
24.1
121.5
99.7
48.9
7n 3

630.1
20.1
141.1
96.6
72.1

388.5
84.4
56.7
21.9
19.5

Nov.

Apr.

FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE—Continued
Value of Imports—Continued
General imports—Continued
By commodity groups and principal commodities:
Food and live animals 9
mil. $_.
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....
Mineral fuels, lubricants, etc__
Petroleum and products
Animal and vegetable oils and fats
Chemicals
_

do
do
do.
do_

Manufactured goods 9
Iron and steel
Newsprint
Nonferrous metals
Textiles

do__.
__do___
do
_do___
do...

Machinery and transport equipment
Machinery, total 9 Metalworking
_
Electrical
Transport equipment
Automobiles and parts

_

Miscellaneous manufactured articles.

do__.
do__.
do__.
do...
do
do
do

C ommodities not classified
do
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Unit
_
1967=100..
Q
t value
y
do
Quantity
do
Value
_ u _ e ___d
V
a
l
o do
General imports:
Unit value
_
do
Quantity
do
Value
_
do
Shipping Weight and Value
Waterborne trade:
Exports (mcl. reexports):
Shipping weight
.thous. sh. tons
Value
...mil. $
General imports:
Shipping weight
thous. sh. tons
Value
mil.$

5,528.6
181.3
1,166.6
1,050.1
763.6
875.5

6,362.0
150.7
1,181.7
1,222.8
824.1
1,009.5

3,382.0
1,043.9
502.3
158.4
216.0
3,714.8
3,323.3

475.3
14.3
61.1
92.1
69.7

3,859.9
1,021.6
509.9
195.9
196.2

472.9
13.4
60.6
83.1
62.6
80.9
313.4
76.2
46.7
12.6
20.7

4,798.8
4,299.6

426.8
388.5

354.9
299.7

68.3
291.7
70.9
42.2
17.2
15.5

516.2
12.8
95.5
94.6
48.4
88.0

585.1
8.0
128.8
127.0
62.0
107.1

316.9
90.3
41.4
19.6
16.4

555.1
4.0
130.1
125 4
64.4
72.4
334.9
85.6
43.4
14.6
14.3

347.3
87.8
45.9
15.7
18.0

117.3
383.1
112.5
49.0
16.9
17.6

99.3
324.9
88.5
38.5
14.9
18.3

400.2
365.8

409.3
366.7

412.4
371.0

416.9
374.4

475.7
431.1

576.2
7.6
111.7
128.4
91.0

525.5
13.3
78.8
89.8
102.4

484.3
9.9
79.2
101.8
65.9

88.6
324.1
95.6
42.8
16.8
11.5

63.6

55.7

341.8
100.4
38.3
17.8
15.9

316.8
86.7
36.9
16.9
12.7

375.3
334.6

375.1
336.1

378.4
341.4

171.6

179.6

15.4

12.3

14.3

15.5

16.3

11.1

11.5

J5.5

10.1

21.7

1,612.3

2,015.0

192.0

187.7

169.2

175.2

144.2

168.0

159.0

165.9

177.4

166.4

9,545.8 11,421.6
2,725.2 2,926.4
988.5 1,053.9
1,551.6 1,933.2
1,391.2 1,528.4

930.0
182.9
83.7
177.1
134.7

804.9
155.8
89.7
138.8
115.0

993.7 1,017. 7
266.5
263.4
92.2
91.8
168.6
200.6
126.7
127.0

940.5
256.5
85.7
147.9
118.5

994.1
291.9
83.3
141.3
140.2

941.7 1,085.1 1,072.5
314.9
303.8
263.1
96.5
96.4
87.0
173.0
179.8
151.2
125.8
141.5
116.3

13,873.2 17,400.1 1,668. 7
5,967.8 7,786.9
745.6
106.8
140.4
14.3
2,555.1 3,375.4
310.0
7,905.5
6,776.4

9,613.2
7,945.9

5,372.9

6,910.7

1,475.6

1,598.0

923.1
758.7
610.4
133.0

1,429.7 1,566.6 1,531.6 1,247.2
646.7
672.7
616.2
610.7
13.1
9.0
7.8
14.7
256.8
282.4
252.5
266.6
813.4
676.3
496.1
127.3

919.9
778.4
524.7
132.2

858.9
705.0
580.9
131.9

109.2

532.7
488.1
8.8

189.1
968.3 1,107.8
240.7
286.6
110.6
87.9
224.7
161.5
144.2
114.4

83.5

62.6
48.1
21.0
18.0

383.8
69.8
52.2
21.8
23.3

494.9
452.4

595.1
553.7

16.8

14.7

190.2

202.7

983.8 1,078.2
220.1
232.0
107.3
90.6
199.5
178.2
143.5
124.1

1,370.6 1,265. 2 1,523.4 1,702.7 1,491.9 1, 675. 9 1,560.0 1,813.0
812.3
702.0
737.5
698.4
647.4
687.4
667.1
613.1
13.3
11.8
17.4
14.4
12.8
11.4
12.0
9.0
363.8
317.0
332.0
275.0
284.6
331.4
315.8
299.1

636.5
513.0

703.4
552.8

595.9

698.9

126.5

135.6

836.0
699.6

652.0
527.8

965.2
797.7

844.5
697.3

977.5
805.0

858.0 1,000.6
841.0
715.8

618.2

621.4

563.0

631.5

584.2

643.2

147.1

143.9

144.6

162.8

128.7

151.3

128.6
148. 3
187. 7

127.3
179.1
228.0
136.4
183.1
249.7

603.0
132.7

!

114.4
122.4
140.0

118.2
133.5
157.7

116.1
143.3
166.4

117.3
127.3
149.2

116.4
137.1
159.5

118.0
130.8
154.4

117.7
119.9
141.0

116.7
130.0
151.7

118.0
129.2
152.5

118.4
145. 0
171.6

122.8
143.3
176.1

122.6
144.6
177.3

123.5
148.3
183.2

117.4
144.5
169.6

126.2
163.7
206.6

123.9
174. 5
216.2

124.8
151.9
189.6

125.1
168.5
210.7

126.7
167.9
212.7

126.1
152.7
192.5

127.3
165.8
211.0

128.3
156.0
200.1

129.8
172.1
223.5

130.4
177.5
231.6

130.3
164. 3
214.0

133.0
182.0
242.0

133.8
164.9
220.7

204,132
22,610

230,137
25,523

17,592
2,102

18,601
1,910

19,328
2,046

19,631
2,031

17,742
1,991

21,938
2,088

20,432
2,025

21,680
2,338

21,943
2,449

20,720
2,531

313,167
26,993

350,551
33,610

29,266
2,816

25,335
2,452

28,300
2,868

30,050
2,860

28,083
2,737

31, 753 28,377
2,825
3,154

30,923
3,107

32,531
3,076

33,428
2,853

12.29
50.9
1,725

11.52
50.0
1,687

13.08
53.1
1,842

12.50
49.1
1,696

11.05
47.9
1,534

9.50
235
55

9.25
253
57

10.42
237
75

208
56

203
52

2.79
164
42

2.27
169
55

2.66
155

2.69
136
46

2.24
133
42

27.8
451

27.8
446

27.8
424

27.8
438

27.8
424

TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers (Scheduled Service)
Certificated route carriers:
Passenger-miles (revenue)
bil__
Passenger-load factor§
percent. .
Ton-miles (revenue), total!
„
mil..
Operating revenues 9 O
mil. $ „
Passenger revenues
_
do
Freight and express revenues
do
Mail revenues
...do
Operating expenses©
do
Net income after taxes©
I.IdoII.Domestic operations:
Passenger-miles (revenue)
bil
Express and freight ton-miles
".."millMail ton-miles
do
Operating revenues©
_mil.$__
Operating expenses©
do "I
Net income after taxes©
do.I..
International and territorial operations:
Passenger-miles (revenue)
bil
Express and freight ton-miles
mil
Mail ton-miles
do
Operating revenues©
Operating expenses©
Net income after taxes©

mil. $_.
do
doIIII

135.63
48.5
18,685

152.41
53.0
20,746

10,046
8,221
826
288
9,718
32
106.44
2,278
708

2,298
2,219
8

12.27
52.2
1,651

118.14
2,567

9.60
210
63

9.59
194
56

9.15
216
56

2.44
148
44

15.10
60.9
1,931

15.65
62.7
2,034

10.68
218
55

2.67
137

2.88
140

535
575
-34

3.26
141
38

11.28
192
49

11.93
229
55

27.2
442

9.22
223
53
2,278
2,045
108

3.82
144
36

3.72
147
38

3.25
145
38
732
630
57

645
603
21

27.2
460

12.47
53.8
1,705
3,010
2,535
236
62
2,675
165

2,156
2,035
47

2,005
1,""
-12
34.27
1,738
515

13.95
55.9
1,847
2,801
2,321
225
65
2,638

Local Transit Lines
Fares, average cash rate.
cents
27.2
27.2
26.6
27.4
447
'505
Passengers
carried (revenue)...
mil.I 5,497 '5,285
r
Eevised.
v Preliminary.
i Annual total reflects revisions not distributed to
monthly or quarterly data.
9 Includes data not shown separately.
^Applies to passengers, baggage, cargo, and mail carried.



12.03
49.4
1,654

2,540
2,108
209
68
2,561
-46

7,747
7,500
22
29.22
1,518
617

12.05
50.2
1,669

27.2

27.8
411

27.8
427

27.8
512

§ Passenger-miles as a percent of available seat-miles in revenue service; reflects proportion
of seating capacity actually sold and utilized.
©Total revenues, expenses, and income
for all groups of carriers also reflect nonscheduled service.

SURVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1971

1972

1972

Annual

May 1973

Mar.

Apr.

June

May

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

204.1

a 63.5

TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION—Continued
Motor Carriers (Intercity)
Carriers of property, class I:
Number of reporting carriers . — - _ __
Operating revenues, total
mil. $..
E xpenses total
do
Freight carried (revenue)
_
mil. tons__
Freight carried, volume indexes, class I and II
(ATA):
Common and contract carriers of property
(qtrly.) cf
average same period, 1967=100..
Common carriers of general freight, seas. adj.
1967=100..
Carriers of passengers, class I:
Number of reporting carriers
Operating revenues, total
mil. $
Expenses, total.
do
Passengers carried (revenue)
mil

11,370
13,055
12,265
599

119.0

128.0

124.0

124.5

136.4

135.6

18.74
60
114
7,591
7,059
4,325
3,567
2,399
48,863

129.0

131.0
137.4

137.0

l 72
760 9
666.5
167 3

Class I Railroads
Financial operations, qtrly. (AAR):
Operating revenues, total9
_._
mil. $. 712,697
' 11,793
Freight
do
7 294
Passenger ©
do
Operating expenses ©
do
10,058
Tax accruals and rents
do
1,939
Net railway operating income
do
700
Net income (after taxes) ©
do
«351
Traffic:
Ton-miles of freight (net), revenue and nonrevenue
bil
752 2
Revenue ton-miles, qtrly. (AAR)
do . . .
739.7
Revenue per ton-mile
cents
1 594
Passengers (revenue) carried 1 mile
..mil..
8,901
Travel
Hotels and motor-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

1,529
8 7, 076
8 6,668
8 321

135.3

127.6

132.1

134.0

124.0
140.3

156.3 ' 153.1

145.3

160.1

70
8 349.8
8 327.8
8 75.7

7

7

13,411 7 3,195
12,571
3,000
7 257
7 63
10,550
2,530
2,026
496
835
170
«500
«79

780.7

187.2

3,437
3,226
7 68
2,686
512
239
» 151

7 3,302
3,088
7
66
2,616
508
1 178

«395. 2
198.8
51. 612
8 4,251

190.4

7

0 88

3,475
3,255
7 60
2,716
509
250
8
184

204 4

19.21 ' 19.36
62
'63
123
132

19.07
66
130

19.35
66
140

19.53
68
136

19.45
63
124

19.83
68
117

19.54
64
125

20.43
71
125

19.38
60
111

18.88
48
122

19.52
57
105

19.85
60
118

20.32
65
143

618
674
367
287
326
2,184

765
612
381
303
313
2,898

704
730
386
330
328
4,390

749
931
445
382
329
7,258

1,055
1,003
579
450
249
10,819

1,130
856
586
539
235
10,393

844
736
542
416
174
5,651

771
625
434
383
140
3,896

664
542
368
324
132
2,055

543
606
407
382
119
1,716

183
1,503

230
1,690

322
2,065

«5 035
9 2,399
»1,959
8
30 144
956
9112. 4

3 5,625
3 2,699
3 2,172
33 3,603
1 024
3 117.5

904
1,133
122
809
179
552
29,399
512

978
1,167
117
851
194
608
31,672
557

1,151
99
843
195
587
30,677
510

1,183
99
851
197
597
31,931
528

331
11
840
55
109
2,495

376
12
886
65
117
2,660

376
12
873
70
113
2,628

366
12
885
58
108
2,672

«9,068
* 8,312
* 5,193
«4,310
2,728
54,087

345
3,946

COMMUNICATION (QTRLY.)
Telephone carriers:
Operating revenues 9
Station revenues
Tolls message
Operating expenses (excluding taxes)
Net operating income (after taxes) . .
Phones in service, end of period
Telegraph carriers:
Domestic:
Operating revenues
Operating expenses . .
Net operating revenues (before taxes)
International:
Operating revenues
Operating expenses
Net operating revenues (before taxes)

mil. $
do
do
do
do
mil

19,811
9,699
7,655
12,886
3,354
108.4

33 5,636
2 781
3 2,177
3 3,644
3 957
3 115.6

mil $
do
do

396.8
337.0
31 7

108 6
90.5
11 7

do
do
do

206 0
150 8
44 3

55 3
39 3
13.0

-

--

109 4
88.9
13 9
56 2
39 9
12 Q

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Acetylenet
mil. cu. ft.
Ammonia, synthetic anhydroust-thous. sh. tons.
Carbon dioxide, liquid, gas, and solid! _ do.
Chlorine gas (100% Clj)J
do...
Hydrochloric acid (100% HCl)t
do
Nitric acid (100% HNOa)t
do.._
Oxygen (high and low purity)©
mil. cu. ft_
Phosphoric acid (100% P a O 6 )t
thous. sh. tons.
Sodium carbonate (soda ash), synthetic (58%
Na 3 O)t
thous. sh. tons.
Sodium bichromate and chromate
_ _ do.
Sodium hydroxide (100% NaOH)i
do...
Sodium silicate, anhydroust
do...
Sodium sulfate, anhydroust
do
Sulfuric acid (100% H3SO«)t
do...
r
2

12,336 " 11,449
14,029
14,302
1,270
1,344
9,352
9,869
2,099
2,201
6, 742
7,022
319,152 352,765
6,240
6,263

997
1,237
115
799
186
625
28,713
560

917
1,280
108
807
177
626
28, 691
541

4,275 ' 4 4,301
138
137
9,667
10,263
628
663
1,356
1,358
29,422
31,046

381
11
839
65
122
2,679

367
10
841
55
109
2,646

1,290
123
845
178
623
30,353
551

953
1,212
129
810
181
577
29,388
490

925
1,150
123
838
180
531
28,920
501

11
880
56
130
2,713

342
11
837
54
118
2,522

353
12
856
45
106
2,487

Revised.
v Preliminary.
1 Number of carriers filing complete reports for the year.
For month shown.
3 For 63 carriers.
* Annual total reflects revisions not distributed
to
the
monthly
or
quarterly
data.
* Based
on six months ending in month shown.
9
7
Before extraordinary and prior period items.
Reporting roads only; excludes AMT RAK
operations.
8 For six months ending in month shown.
9 F O r 2d qtr. 1971, 63 carriers.
cflndexes are comparable for the Identical quarter of each year (and from year to year).
©Natl. Railroad Passenger Corp. (AMTRAK) operations for 1971 (mil. $): Operat-




943
1,223
130
857
190
524
29,095
507
380
13
892

49
109
2,659

976

965
1,197
105
'849
••198
582
32,269

1,142
781
180
602
507

12
'879
42
'103
2,501

328
11
804
53
109
2,533

ing revenues, 86; expenses, 179; net income, - 5 5 (Interstate Commerce Comm.).
9 Includes data not shown separately.
tRevised monthly data back to 1969 will be shown later.
©Not comparable with data in 1971 BUSINESS STATISTICS.
§Effective Jan. 1972, data reflect an expanded sample that includes many motor-hotels;
restated data for 1971 are comparable.
IData include visits, effective Jan. and July 1971, to Guadalupe Mts. and Redwood National Parks, and effective Jan. 1972, to Arches and Capitol Reef National Parks.

May 1973

SURVEY OF CUKKEMT BUJ31.NES
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

5-25

1972

1972
Mar.

Annual

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

Apr.

CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS—Continued
Organic chemicals, production :cf©
Apptio anhvdridp
A.cptvlsalicvlic acid (asDirin)
Creosote oil

1

mil lb
do

mil. gal_.

1 545.8
31.7
119.2

1

1,560.6
1
34.6
119.1

1
159.8 1 217. 2
mil. lb
. . . . . . . d o . . . . U,373.1 15,500.0

Ethyl acetate (85%)
Formaldehyde (37% H C H 6 ) . . _
Glycerin, refined, all grades:
Production
Stocks end of period
Methanol synthetic
Phthalic anhydride

do

2.9

2.5

2.3

3.0

(3)
2.8

3.0

11.3

9.8

11.0

8.9

8.7

7.8

11.4

12.6

11.8
384.5

21.3
519.8

19.6
430.8

19.8
458.8

18.4
458.5

20.3
460.0

18.1
479.5

14.7
' 465.7

23.5
515.8

28.1
23.8
79.4
71.4

31.0
21.8
81.9
89.8

127.0

129.5

119.4

121.1

124.2

3.1

3.2

3.1

2.7

12.0

9.2

10.1

3.0

2.5

10.3

8.9

17.2
449.5

16.5
408.0

21.9
462.1

20.6
443.4

130.1

339.8
28.2
754.7
766.4

353.0
25.6
i 897.0
1936.0

29.0
28.9
78.7
66.7

29.9
26.8
68.6
71.0

32.2
29.8
75.0
75.9

31.4
26.2
70.6
95.0

25.7
26.3
75.1
82.1

32.1
26.1
85.3
74.2

29.1
30.1
81.0
73.6

30.8
24.5
64.7
75.5

25.7
24.3
87.5
71.2

30.9
26.6
84.4
77.7

31.5
24.7
83.5
75.5

552.9
132.8
432.7
88.0

621.4
76.9
453.0
82.5

46.1
108.6
39.0

43.7
109.8
38.2

52.4
101.8
39.8

56.7
100.0
36.8

64.7
98.1
38.6

57.7
98.9
39.0

64.0
103.8
36.4

59.3
105.4
40.7

51.5
96.2
37.3

63.4
76.9
35.3

57.1
95.9
41.3

7.7

7.0

8.0

8.4

6.0

6.1

6.1

7.3

7.0

5.8

6.1

234.1
234.6
2.9

245.9
246.7
2.0

21.0
20.8
2.9

20.6
20.4
3.1

21.8
22.0
2.8

21.0
21.0
2.8

21.1
21.2
3.0

21.2
21.4
2.7

19.4
19.5
2.7

21.9
22.0
2.6

20.1
19.9
2.8

19.1
19.5
2.0

22.2
21.8
2.8

20.2
20.4
2.6

17,106
1,050
13,431
1,033

19,612
1,123
14,953
1,353

1,185
123

2,034
68
1,802
60

1,216
54

2,182
78
1,849
79

1,697
75
1,324
133

1,643
104
1,217
124

1,802
61
1,292
217

1,702
135
1.209
140

1,358
88
1,013
75

1,699
107
1,103
111

1,666
81
1,259
95

1,451
52
1,054
136

do
1
1

mil. gal
mil lh

3.0

132.0

r

ALCOHOL
Ethyl alcohol and spirits:X
Production
Stocks end of period
Used for denaturation
Taxable withdrawals

mfi t«T oral
do
do
do

Denatured alcohol :J
Production
Consumption (withdrawals)
Stocks, end of period

mil wine gal
do

do

52 5
90 7
37.5
4.9

FERTILIZERS
Exports, total 9
Nitrogenous materials _
Phosphate materials
Potash materials

thous sh. tons..
do
do

1
1

do

Imports:
Ammonium nitrate _
Ammonium sulfate
Potassium chloride
Sodium nitrate

67

968

118

378

52

73

19

10

20

20

13
260
4

16
298
23

13
410
0

23
507
1

22
303
9

27

38
640
5

14
283
31

17

4,855

14
453
1

15

17

264

71

229

4,549

14
274
5

26
442
16

374

do
do

882

1,830
91
1,438
129

28

39

23
431
3

46
761
1

203

111

36
582
6

5,026

4,913

651

603

547

388

174

307

369

494

246

330

384

4,966

5,482

389

433

505
279

489
235

498
240

431
324

427
410

415
369

449
369

461
347

477
418

469
433

491
455

Explosives (industrial), shipments, quarterly!
mil. lb__ 2,120.0

2,108.7

622.6

Paints, varnish, and lacquer, factory shipments:
Total shipments
mil *
do
Trade products
_ . do
Industrial fiuishes

2,830.9
1,562.8
1,268.2

3 009 2
1 659 3
1 349 8

261 0
140.2
120.8

Sulfur, native (Frasch) and recovered:
Production
thous Iff. tons
Stocks (producers'), end of period
".do

*8,611
4,311

*9,116
3,786

777

732

738

715

741

796

776

805

775

4,267

4,156

4,104

4,159

4,127

4,008

4,019

790

697

4,274

4,003

3,956

3,832

3,807

1,680.1
(2)

120.2

121.4

123.1

122.9

116.7

124.1

146.5

173.3

156.9

155.4

215,7

162.9

177.9

1
4,602.0
1
4,288.9
1

357.3
354.4
625.7

357.7
339.1
622.8

395.0
349.9
644.3

391.2
352.8
603.9

370.7
323.3
604.3

389.9
349.0
658.0

286.1
357.9
662.2

404.4
384.1
686.2

406.9
377.1
669.0

413.0
396.7
689.8

421.6
384.2
679.5

403.1
363.2
638.5

443.6
394.6
721.0

1

do
do

Potash deliveries (KjO)
do
Superphosphate and other phosphatlc fertilizers
a00%P a O 5 ):
Production t
thous. sh. tons..
do
Stocks, end of period

r

511

r

782

I>7Q1

512
441

MISCELLANEOUS PRODUCTS
673.0
252.7
143.2
109.5

285.8
162.0
123.8

292.4
171.7
120.7

534.0
257.6
160.0
97.7

286.4
167.2
119.1

269.0
152.0
116.9

479.1
254.0
135.4
118.6

224.7
113.8
110.8

190 0
95 0
95.0
785

476.0
r
r

225.5
114.5
111.0

234 7
124.4
110.3

PLASTICS AND RESIN MATERIALS
Production:
Thermosetting resins:
Alkyd resins.
mil. lb
....do...
Polyester resins
Phenolic and other tar acid resins. _ . do
..-do....
Urea and melamine resins
Thermoplastic resins:
Cellulose plastic materials. .
Coumarone-indene and petroleum
resins
_
Styrene-type materials (polystyrene)
Vinyl resins (resin content basis)1[
Polyethylene. _

....do
polymer
..mil.lb..
.—do.
._ do
do

(2)
» 637.7
11,141.8
1683.4

1

(2)

(2)
(2)
1
1

3,749.8
4,075.8
6,395.8

7,629. 5

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total J
mil. kw.-hr__
Electric utilities, total
do
By fuels
__do
By waterpower
___do
Privately and municipally owned util... do
Other producers (publicly owned)
do
Industrial establishments, total
By fuels
By waterpower

do
do
do

1,717,520

149,055 140,883 146,663 154,360 166,652 171,861 156,028 152,759 152,625

1,613,936
1,347,616
266,320

140,056 132,138 137,745 145,523 157,846 162,822 147,358 143,742 143,867
115,929 108,705 113,375. 122,254 134,292 140,075 128,291 124,401 122,473
24,127 23,434 24,370 23,269 23,553 22,747 19,067 19,341 21,394

1,322,540
291,396
103,585
100,325
3,260

115,010 107,730 112,960 119,219 129,089 133,735 121,992 118,971 118,425
25,046 24,409 24,785 26,304 28,756 29,087 25,366 24,771 25,443
8,999
8,744
8,807
8,918
8,837
9,040
8,670
9,018
8,758
8,712
8,522
8,447
8,615
8,537
8,756
8,428
8,747
8,460
287
303
285
298
299
284
242
271

' Revised.
v Preliminary.
1
Reported annual total reflecting revisions not distributed to the monthly data. » Series
discontinued.
3 Less than 500 short tons.
« Annual total reflects sulfur content, whereas
monthly data are gross weight.
« Gross weight.
U Beginning Jan. 1972, data exclude
polyvmyl acetate, polyvinyl alcohol, and other vinyl resins.




0 Except for glycerin, scattered revisions have been made in the annual data back to 1965;
monthly revisions are not available.
d"Data are reported on the basis of 100 percent content of the specified material unless
otherwise indicated.
9 Includes data not shown separately.
§Data exclude black blasting powder.
t Revised monthly data for 1970 will be shown later.

SUEVEY OF CURRENT BUSINESS

S-26
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1971

1972

1972
Mar.

Annual

May 1973

Apr.

May

June

July

1973
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

ELECTRIC POWER AND GAS—Continued
ELECTRIC POWER—Continued
Sales to ultimate customers, total (Edison Electric
Institute)
mil. kw.-hr 1,466,441 1,577,714 127,079 124,326 123,457 128,367 134,108 141,473 141, 720 135,133 131,021 134,957 143,115 139,596
Commercial and industrial:
333,752 361,859 27,952 27, 915 28, 247 30,514 32,423 33,874 33, 784 31,384 29,781 30,021 31, 665 31,124
do
Small light and power §
592,699 639,467 51,555 51,825 53,161 53,651 52,492 55,020 55,575 56,259 55,404 54, 111 55, 111 54,619
do
Larsre licrht and D0wer5
Railwavs and railroads
Residential or domestic

do
do

Street and highway lighting
Other public authorities
Intprderjart mental

do
do
do

4 440
4 537
479,080 fill, 423

410
42,162

365
39,352

12,193
43,190
5,142

1,023
3,551
425

3,488
410

11,673
39,819
4,880

Revenue from sales to ultimate cu stomers (Edison
mil $ 24,725. 2 27,921.1
Electric Institute)

971

368
36, 813
928

3,526
413

335
38,827
901

3,671
469

345
43,899
906

3,601
442

341
336
47, 232 46, 882
950

3,617
442

985

3,715
438

347
41,929

358
40,253

395
45,137

390
50,700

379
48,428

1,075
3,704
435

1,124
3,687
415

1,165
3,705
424

1,187
3,641
422

1,092
3,534
420

2,203.4 2,179. 5 2,178.2 2, 286.8 2,412.0 2,529.1 2,544. 2 2,417.1 2,333.4 2,402.1 2, 540. 6 2, 511.3

GASf
Total utility gas:
Customers, end of period, total..
Residential
Commercial
Industrial
Other
Sales to customers, total
Residential
C ommerci al
Industrial
Other
Revenue from sales to customers total
Residential
Commercial
Industrial
Other

thous..
do
do
do

do
tril. Btu.
do
do
do
do

mil $
do
do
do
do

42, 728
39, 280
3,198

205
47

194
56

43,307
39, 716
3,332

5,475
2,243

3,977
1,067

3,250
464

4,266
1,402

939

489

267

42, 706
39,189
3,264

43,307
39, 716
3,332

43,069
39,477
3,305

42, 673
39,191
3,230

206
46

209
50

207
81

16,680
5,040
2,156
8,643

16,969
5,176
2,334
8,530

2,061

2,207

2,262

928

232

213

257

225

4,380
2,440

2,841
1,328

1,985

3,292
1,671

841

11 355
5,635
1,829
3 568
323

12 498
6,138
2,074
3 873
413

638

2,000

699
235
953
98

442
980
91

831
990
118

209
50

566
949
106

FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
141. 28 12.62
14.21
Production
mil. bbl._ 137.36
12.53
13.25
127.40
11.09
Taxable withdrawals
do
12.41
131. 81 11.69
13.12
12.23
14.51
13.82
14.45
Stocks, end of period
do
12.44
14.40
Distilled spirits (total):
16.50
16.50
Production..
. . . m i l . tax g a L . 183.27
190. 27 18.76
18.88
Consumption, apparent, for beverage purposes
28.67
35.18
mil. wine gal._ 2 382. 35 2 393. 37 33.30
32.45
14.24
15.97
16.61
Taxable withdrawals
mil. tax gal_. 182. 07 200.43
18.19
996. 62 971.70 1,005.66
1,009.32
Stocks, end of period,,
do
8.17
Imports
mil. proof gal.. 102.14
7.45 ! 9.27
100.16
Whisky:
9.89
Production
._
_
mil. tax gal.. 119. 38 116. 56 13.37
12.11
11.31
116.84
10.83
9.72
Taxable withdrawals
do
10.38
130.09
945. 80 924.41 955. 90 957.72 959.37 958. 39
Stocks, end of period
__.do
8.20
5.76
Imports
mil. proof gal__ i 89. 29
87. 69
6.50
7.10
Rectified spirits and wines, production, total
mil. proof gal__
Whisky
do___.
Wines and distilling materials:
Effervescent wines:
Production
mil. wine gal_.
Taxable withdrawals
do
Stocks, end of period
do
Imports
_ _ . . _ do
Still wines:
Production
do
Taxable withdrawals
,._
_..
_do
Stocks, end of period,.,
do
Imports
do

13. 18

12.22

14. 49
15. 83

27 80
14. 19

6.99
4.72
9.36
952. 97
6.20

13.09
12.89
13.75

11.41
10.88
13.54

11.15
10.61
13.36

8.04

12.79

16.08

16.33

33.73
29.34
18. 65 22.14
16.73
991. 93 984.85 I 977.70
6.13
7.10 ! 11.61

39.52
20.75
972. 30
11.64

10.52
9.94
14.29
10.22
924. 70 924.41
10.29
11.33

944.46
5.26

6.62
12.75
937. 44
6.19

15.86
929. 65
10.17

3.63
10.94

9.32

9.92
9.92
12.77

9.59
9.27
12.44

10.98
9.67
13.07

10.72
9.43
13.70

15.52

15.25

15.75

48.34
16.46
971. 70
12.65

28.20
15.14
970.43
7.77

13.87
971. 96
6.78

8.37

10.47
9.64
924.02

11.00
8.90
926.03
5.70

7.21

116.12
63.05

120.19
' 62. 55

10.15
5.29

9.45
5.11

10.87
6.02

11.44
6.36

8.97
5.47

9.26
4.43

9.51
4.75

12.59

12. 29
6.35

9.21
4.14

9.24
3.86

7.51
3.53

24.60
22.10
8.57
1.88

21.13
20.36
8.09
1.98

1.76
1.48
9.24
.15

1.58
1.08
9.69
.14

1.82
1.57
9.81
.16

1.65
1.78
9.58
.15

.79
1.01
9.31
.12

2.83
1.35
10.65
.12

1.37
1.63
10.36
.10

1.91
2.51
9.64
.20

1.98
2.80
8.71
.24

2.30
2.74
8.09
.31

1.41
1.11
8.19
.18

.15

.18

357.36
246.97
366.31
i 34. 28

301.15
8.23
269. 89 25.69
350. 88 314. 47
45.07
3.57

4.84
21.00
297.85
2.87

8.16
21.75
281. 43
3.84

7.52
7.51
17.70
24.24
262. 06 251.81
3.80
3.49

26.39
19.95
255.37
4.02

75.58
22.98
305.25
3.33

84.87
25.04
356.65
3.90

42.62
25.09
366.39
4.94

19.87
12.26
25.39
22.13
350. 88 331. 79
4.66
4.38

3.52

4.30

402.38

261.10

2.89

4.06

2.92

.48

.96

50.22

123.59

50.38

6.96

7.84

1.97

.mil. lb__ 1,143.6
96.8
_ do
$ per lb__

1,109. 6
107.5

106.8
110.1

110.2
128.5

119.4
159.1

111.1
195.9
.688

89.4
210.7
.688

76.3
198.4
.704

65.4
178.4
.710

75.9
154.7
.708

73.2
132.5
.703

81.0
107.5
.715

96.1
108.7
.687

84.4
109.5
.687

121.2

.mil. lb._ 2,380.4
1,510.6
do

2,612. 4
1,672.8

230.8
147.7

232.1
153.9

250.8
172.1

257.9
176.4

237.8
164.2

220.0
145.6

199.7
125.0

197.3
118.1

184.9
106.9

204.7
116.0

202.9
123.5

193.7
120.1

331.4
269.4
179.4

287.3
226.7
12.7

311.7
246.4
10.0

340.4
275.0
13.0

376.3
307.8
10.1

407.6
341.2
14.8

409.7
341.9
14.1

404.0
335.8
15.6

379.3
314.2
17.8

353.6
291.7
20.3

331.4
269.4
19.9

322.1
260.4
15.2

321.1
260.1
11.4

Distilling materials produced at wineries._.do
DAIRY PRODUCTS
Butter, creamery:
Production (factory)J
Stocks, cold storage, end of period
Price, wholesale, 92-score (N.Y.)
Cheese:
Production (factory), total*
American, whole milkj

Stocks, cold storage, end of period
do
American, whole milk
do
Imports..
do
Price, wholesale, American, single daisies (Chicago)
$ per lb._

304.3
238.9
95.5

.671
.727
.702
.714
.719
Revised. 1 Reported annual total; revisions are not distributed to the monthly data.
2 Includes Hawaii; no monthly data available.
§Data are not wholly comparable on a year to year basis because of changes from one
T




303.4
246.9
14.9

.702
.709
.709
.707 1
.718
.736
.744
.745
.746
.765
classification to another.
fData restated to represent the total gas utility industry, 99
percent of which is natural gas; also, sales are expressed in B.t.u. instead of therms.
XRevised data for months prior to May 1971 will be shown later.

1
SURVEY OF CURKEN1 -BUt5LNK

May 1973
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are a s shown
in t h e 1971 edition of B U S I N E S S S T A T I S T I C S

1972

1972

1971

Annual

S-27

Mar.

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Feb.

Jan.

Mar.

Apr.

FOOD AND KINDRED PRODUCTS: TOBACCO—Continued
DAIRY PRODUCTS—Continued
Condensed and evaporated milk:
1,255. 9 1,172. 8
Stocks, manufacturers', case goods, end of month

105.5

124.4

130.8

109.4

109.5

85.7

83.8

69.6

80.8

75.8

73.5

88.6

74.7

61.2

76.5

108.0

125.0

145.6

140.2

143.8

138.8

104.1

74.7

60.2

55.2

35.1
32.7

14.4
40.5

5.0
2.9

3.4

3.2

2.8
2.9

.1
3.2

.3
3.1

.1
5.0

3.6

0)

.1
2.9

.2
4.4

.3
3.2

.2
3.8

.1
3.5

.2
4.8

118,532 7120, 278
do
»60,363 ' 61,731
_ __do
6.10
$ per 100 lb_.
5.87

10,487
5,787
6.01

10,633
5,901
r
5.84

11,303
6,554
5.76

10,983
6,673
5.76

10,450
5,887
5.78

9,982
5,405
6.01

9,443
4,646
6.23

9,460
4,549
6.42

8, 987
4,156
6.55

9,401
4,464
6.55

9,630
4,914
6.55

9,055
4,659
6.56

10,321
5,378
'6.52

8.2

8.5
153.0

4.3
127.4
7.1
107.4

6.7
85.2

5.9
79.9

4.4
34.5

4.1
36.9

2.8
26.5
.320

4.9
17.5
.321

5.4
77.0
5.4
64.7
4.5
17.0
.330

6.3
61.6
4.7
34.9

3.4
24.4
.318

4.8
99.4
6.0
86.3
2.2
12. 5
.322

6.8
69.6

6.1
97.1

7.3
160.0
7.5
106.7

147.7

153.0

137.4

170.9

181.5

8.9
1.18
1.17

Exports:
Condensed (sweetened)
Evaporated (unsweetened)
Fluid milk:
Production on farms
Utilization in mfd dairy products
Price, wholesale, U.S. average

104.5

do
do

Dry milk:
Production:
Drv whole milk

25.0
7124.2

38.3
164.1

4.3
62.1
3.9
15.4

.307

.331

.319

8.1
128.9
5.3
78.4
2.3
10.7
.322

7
Exports (barley, corn, oats rye, wheat)-.-mil. bu_. 1,204.5 U.789.3

110.5

117.7

mil lb

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)
S Der lb

79.4
7 77.8
1,417.6 1, 269. 3
3.4
4.0
8 77.0
37.9

118.0

3.0
10.8
.342

2.4

6.1
75.8
3.4
37.9
2.0

3.7

4.3

7.9

3.7

3.6

.4

.359

.376

.394

.398

168.8

181.2

202.1

« 211.2

4.8
47.9

10,488
P6.38

4.1
1.4

GRAIN AND GRAIN PRODUCTS

Barley:
Production (crop estimate)
Stocks (domestic), end of period
On farms..
Off farms
Exports, including malt§ ._. . .
Prices, wholesale (Minneapolis):
No. 2, malting
_
No. 3, straight

do
do
do
do
. . do _.

2 463.6
' 392.4
r 9 ^

136.9
7 53.2

2 5,641
4,700
3,551
' 1,149
7
511.7

2

do
do
c\n

Exports, including oatmeal
do
Price, wholesale, No. 2, white (Chicago)
$ per bu_.
Rice:
Production (crop estimate)
. . . m i l . bags9..
California mills:
Receipts, domestic, rough. . _
mil. lb
Shipments from mills, milled rice
do .Stocks, rough and cleaned (cleaned basis), end
of period
mil. lb
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. lb_.
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of period.
mil. lb._
Exports .
do
Price, wholesale, Nato, No. 2 (New Orleans)
$perlb__
Rye:
Production (crop estimate)
mil bu
Stocks (domestic) end of period
do
Price, wholesale, No. 2 (Minneapolis)~~$~per b u "
Wheat:
Production (crop estimate), total
Spring wheat .
Winter wheat
Distribution
.
Stocks (domestic), end of period, total
On farms._
.
Off farms
„

mil bu
do
do
do
do
do
do

1 (\K ft

' 115. 6
60.6

118.0
2.6

3.1

17.7

3174. 8
3 107 0
3 67.8
11.6

1.23
1.23

1.16
1.16

1.16
1.16

1.18
1.18

1.20
1.21

2
5, 553
' 4,815
' 3,674
' 1,141
886.2

1.39
•1.36

Oats:
Stocks (domestic), end of period, total
On farms
Off farms

283.8

94.fi 9

1.21
1.20

.$ per bu
do

Corn:
Production (crop estimate, grain only)..mil. bu_.
Stocks (domestic), end of period, total
do
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

2 423. 5
'361.8

K

1.30
1.26

1.25
1.25

1.32
1.32

62.0

63.0

65.2

63.9

97.1

1.23
1.21

1.26
1.23

1.29
1.23

1.27
1.20

1.22

1.30
1.21

1.36
1.28

584

7.1

25.2

6.6

«.75

e.85

2 85.8

2 85.2

2,004
1,446

1,774
1,266

107
40

106
65

119
68

98

86

115

120

5,567
4,206

7,472
5,133

279
341

1,737
3,252

1,967
4,447

.087
2 49 3
54.6
1.06

3

541
33 336
205

' 361.8
246 2
' 115.6
2.1
7.3

192.2

216.2

2.7

5.4

263.0
166 4
96.6
7:7

1.57
1.56

1.54
1.53

1.60
1.59

1.32
1.32

1.43
1.42

79.8

91.0

••4,815
' 3,674
' 1,141
84.2

102.5

92.0

104.6

1.31
1.28

1.31
1.30

1.53
1.54

1.55
1.57

1.57
1.57

1.57
1.56

3,329
2,375

-

954

220

249

1.63
1.65

586
380

780
'559

932
683

1.62
1.61

206

2.6

.4

.4

.80

.79

.82

164
83

297
282

328
259

82
112

174
46

102
71

120
112

18ft
97

215

130

165

116

104

46

117

114

86

135

120

174

285
430

197
466

208
245

1,128
332

1,814
456

1,728
528

645
503

270
453

252
438

124
384

90
367

1,290
219

1,078
242

803
338

51
396
491
532

395
541

858
360

1,643
242

2,275
313

2,217
444

1,967
407

1,429
299

.098

.089

.089

9.091

.091

.091

.091

.100

.105

.125

.125

1,713
329
.129

.129

1,138
478
.129

.153

2 29.5
••54.1
1.07

49.3
1.05

1.06

1.09

3 45.6
1.02

1.01

1.00

62 6
1.02

1.08

1.15

54 1
1.18

1.17

1.20

49.1
1.12

1.18

2 1,545
2 359
1 186
1 700

337

' 1,396
507
••889

1,210
525
685

3.5

1.9

3.4

.6

.7

.7

.5

.5

.9

1.00

r

.95

182

252
141

10

2

'3 Revised, P Preliminary. »Less than 50 thousand pounds. 2 Crop estimate for the year.
Previous years' crop; new crop not reported until beginning of new crop year (July for
barley, oats, rye, and wheat; Oct. for corn).
« Effective May 1971, weighted average, 4
markets, all grades.7 « Average for Jan.-April, June-Oct., and Dec.
« Average for JulySept., and Dec.
Annual total reflects revisions not distributed to the months.




3.4

1.18
1.18

3 1,126
3 751
3 375
108.7

736
507
229

1,547
694
853

2.2

132.0
1.2

2,176
1,592

2 695
780
' 559
220

21,618
2 474
1,144
1,482

091 7

'3,381
' 2,483
••898
48.7

881
943
693
251

2

453.6

e

348

543

1,282

473

923
'1,396
3 853
1,866
316
507
3 355
725
607
'889
3 508
1,141
» Monthly revisions for 1970 and 1971 will be shown later.
« Effective May 1972, price is
10
c
for No. 2 (Southwest Louisiana).
May 1 estimate of 1973 crop.
Corrected.
cfCondensed milk included with evaporated to avoid disclosing operations of individual
firms.
§Excludes pearl barley.
9 Bags of 100 lbs.

V-ftY

S-28
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
In the 1971 edition of BUSINESS STATISTICS

1971

1

UUKJ

Kill
1972

1972

Annual

May 1973

Mar.

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS—Con.
Wheat—Continued
Exports, total, including
Wheatonly

flour

mil. bu.
do...

Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ per bu_.
No. 2, hd. and dk. hd. winter (Kans. City).do
Weighted avg., 6 markets, all grades
do

627.1
588.3

i 817.0
i 778. 5

52.5
49.8

49.1
47.3

65.0
59.6

72.7
66.9

62.1
58.8

71.2
69.1

71.2
69.0

85.0
82.6

87.4
83.5

109.7
107.3

105.5
101.9

94.3
92.9

101.9
98.1

1.77
1.60
2 1.72

1.86
1.86
2 1.87

1.63
1.61
1.67

1.66
1.63
2 1.69

1.69
1.64
1.71

1.61
1.53
1.66

1.69
1.61
1.69

1.91
1.86
1.88

2.03
2.10
2.05

2.12
2.18
2.12

2.23
2.29
2.20

2.42
2.60
2.42

2.42
2.67
2.46

2.28
2.48
2.36

2.32
2.50
2.40

250,441
4,303
557, 671

21,058
361
46,882

19,654
338
43,772

21,083
359
46,897

21,133
363
47,174

19,811
343
44,155

21,293
369
47,459

21,347
369
47,634

22,493
384
50,090

21,072
361
46,822

20,799
358

21,346
375
47,529

20,023
'346
44,475

21,451
369
47,674

4,746
16, 549

4,542
1,169

757

2,300

4,379
2,494

1,381

4,886
965

1,049

4,746
1,049

1,553

611

5,581
1,622

6.534
5.867

5.913
5.313

5.913
5.338

5.925
5.338

5.950
5.338

6.025
5.463

6.525
6.163

6.363

6.850
6.413

6.500

7.625
7.500

7.613
7.375

7.138
6.813

• 7. 263
6.875

2,807
31,419

'2,421
' 32,266

185
2,471

179
2,807

166
2,833

164
•2,494

208
' 2,925

197
2,789

211
2,909

209
2,705

202
2,615

209
2,807

169
2,422

188
2,618

32.03
32.09
38.58

35.48
38.89
46.88

255
2,707
34.73
36.95
46.00

34.20
36.93
46.90

35.29
37.72
46.50

37.48
38.37
47.00

37.65
38.81
47.00

35.18
38.20
48.10

34.69
41.29
49.00

34.68
40.87
49.00

33.38
40.66
49.00

36.58
42.61
49.00

40.25
44.25
49.00

42.76
48.06
54.00

44.98
50.90
56.00

86,667 '78,759

7,801

6,733

' 6,793

6,313

5,276

•6,512

6,420

7,048

6,988

6,197

6,641

5,712

6,652

18.41

25.97

23.19

22.62

24.76

25.71

27.24

27.87

28.41

27.37

26.91

29.33

31.28

35.47

37.62

14.5

22.3

21.2

19.9

21.7

22.5

24.1

24.3

23.0

23.1

22.3

20.8

22.3

25.3

28.0

10, 256

' 9,905

903

786

803

'807

'737

840

866

937

828

751

835

700

710

27.43

30.13

29.38

31.00

33.75

34.00

32.88

31.25

30.00

26.75

27.00

29.25

33.62

39.25

40.75

36,209

' 35,615

3,193

2,850

3,096

2,996

2,577

3,080

2,966

3,228

3,130

2,893

3,077

2,658

2,911

710
58
152

166

599
49
216

594
47
206

642
67
202

702
57
174

670
57
138

680
48
165

661
52
14S

684
81
133

Wheat flour:
Production:
Flour
thous. sacks (100 lb.).. 249,810
4,279
Offal
thous. sh. tons..
Grindings of wheat
thous. bu_. 555,092
Stocks held by mills, end of period
4,362
thous. sacks (1001b.)._
16,637
Exports
do
Prices, wholesale:
Spring, standard patent (Minneapolis)
6.145
$ per 1001b _.
5.446
Winter, hard, 95% patent (Kans. City)._do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous. animals..
Cattle
do
Prices, wholesale:
Beef steers (Omaha)
.$ per 1001b..
Steers, stockerand feeder (Kansas City)_.do
Calves, vealers (Natl. Stockyards, Ill.)__do
Hogs:
Slaughter (federally inspected)., thous. animals._
Prices:
Wholesale, average, all grades (Sioux City)
$per 100 l b . .
Hog-corn price ratio, (bu. of corn equal in value
to 100 lb. live hog)
Sheep and lambs:
Slaughter (federally inspected)., thous. animals..
Price, wholesale, lambs, average (Omaha)
$ per 1001b..
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in), inspected
slaughter
mil. l b . .
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 lbs.) (New York)
$ per lb._
Lamb and mutton:
Production, inspected slaughter
Stocks, cold storage, end of period
Pork (including
slaughter

lard),

production,

mil. lb__
do
inspected
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.
$ per lb.
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.
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil. lb_.
Stocks, cold storage (frozen), end of period, total
mil. l b . .
Turkeys
do.
Price, in Georgia producing area, live broilers
$ per l b . .

670
614
2,012

732
44
138

819
45
159

798
64
161

19,697 ' 20, 514
380
375
54
44
1,461
i 1,265

1,709
295
4

1,566

1,783

89

285
5
111

1,762
265
4
115

1,561
269
4
119

1,847
294
4
168

1,760
308
4
169

1,876
337
4
156

1,761
363
7
131

1,693
380
6
101

1,801
395
5
121

1,552
383
4
108

1,645

292
5
106

.547

3 577

.570

.557

.585

.612

.610

.568

.553

.548

.533

.590

.645

.690

.712

522
19

514
16

15,989 ' 14, 589

1,436

1,242

1,270

1,193

1,192

1,163

1,304

1,325

1,160

1,232

113,452 ' 12, 546
214
330
105
72
395
357

1,228
328
4
39

1,060

1,079

381
19
28

1,012
320
14
25

839
231
32

1,023
204
5
29

1,011
192
8
24

1,132
209
17
35

1,144
242
7
35

1,015
214
7
31

1,077
207
6
34

938
204
12
30

1,074
239
33
29

.534
.498

.626
.645

.644
.570

.617
.548

.588
.614

.604
.694

.605
.699

.581
.654

.594
.668

.641
.682

.703
.644

.752
.720

.730
.768

.705
.799

.798
.756

1,830
100
282
.147

1,465
51
164
.148

149
64
15
.144

132
81
.144

139
90
12
.144

131
83
13
.144

102
64
13
.144

121
52
5
.147

108
44
14
.149

123
44
12
.153

130
58
32
.164

103
51
4
.157

111
52
19
.156

92
'44
5
.178

109
50
7
.205

10,357

"10,883

'•821

'754

'961

r

918

• 1,113

'981

1,091

-•977

'833

855

721

378
223

324
208

263
145

237
121

216
111

248
143

320
213

422
314

521
408

590
473

413
297

324
208

294
187

251
153

.128

.132

.135

.120

.125

.135

.150

.140

.145

.120

.130

.155

796
1547
i 1,789

'1 Revised.
Annual total reflects revisions not distributed to the months.
2 Effective May 1971, data are for 5 markets; beginning April 1972, for 4 markets.




396
10
34

.135 !

369
6

94

1,227

202
113
.235

3 Beginning Jan. 1972, price for East Coast (New York and Philadelphia average).
* Revisions for Jan. and Feb. 1972 are 799 and 754 respectively.

Apr.

SURVEY OF CURRENT BUSINESS

May 1973
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of B U S I N E S S S T A T I S T I C S

1972

1972

Annual

S-29

Mar.

Apr.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS—Continued
Eggs:
Production on farms
mil. casesO-.
Stocks ,cold storage, end of period:
Shell
thous. cases©..
Frozen
mil. lb_.
Price, wholesale, large (delivered; Chicago)
$ per doz.-

14.4

16.1

15.9

15.8

.373

.498

116
58
.526

.431

.499

6.8
.360

36.1
.384

38.1

34.2

27.7
.414

3,852
4,660

•3,663
• 5,127

194.9

193.1

17.1

16.4

16.6

15.8

16.1

16.0

15.3

60
74

41
68

85
71

101
75

191
80

229
85

234
88

200
88

247
84

.332

.338

.328

.295

.280

294

.330

.327

Cocoa (cacao) beans:
Imports (incl. shells)
thous. lg. tons..
Price, wholesale, Accra (New York)
$ per lb._

315.8
.268

282.2
.322

27.6
.285

28.8
.285

24.4
.304

25.6
.315

17.5
.320

13.4
.341

Coffee (green):
Inventories (roasters', importers', dealers'), end
of period
thous. bagscf1.Roastings (green weight)
do

4,000
19,607

3,687
' 20,075

4,254
5,316

21,669
5,991
2.461
2,002

20, 757
6,152
3.544
1,976

1,137
212

302

104
51

MISCELLANEOUS FOOD PRODUCTS

Imports, total
...do
From Brazil
do.
Price, wholesale, Santos, No. 4 (N.Y.)..$ per lb._
Confectionery, manufacturers' sales.
_.mil. $..
Fish:
Stocks, cold storage, end of period
.mil. lb_.
8ugar (United States):
Deliveries and supply (raw basis):§
Production and receipts:
Production
thous. sh. tons_
Entries from off-shore, total 9
do
Hawaii and Puerto Rico
do
Deliveries, total 9
For domestic consumption
Stocks, raw and ref., end of period
Exports, raw and refined

Tea, imports

2,057
454
.580
195

1,643
430
.560
199

1,288
319
.570
172

696
.570
189

1,844
250
.620
179

2,101
266
.655

110

2,149
969
.590
221

251

290

352

398

419

416

415

382

••344

»298

147
740
131

90
574
187

121
488
122

130
617
90

188
542
160

783
481
179

1,028
391
30

996
396
43

650
547
55

397
379
49

536
90

811
802
2,874

978
968
2,672

1,096
1,088
2,343

1,001
992
2,032

1,167
1,155
1,532

1,106
1,099
1,204

853
1,638

855
849
2,217

1,043
1,035
2,757

787
780
2,941

743
738
'3,038

'2,694

50

63

27

46

38

55

100

67

61

104

35

1,454

64

5,154
1,246
76

408
135
11

436
58
6

308
24
5

627
160
2

411
54
4

579
217
1

401
187
3

352
45
35

317
117
2

381
143
5

435
104
1

.085

.091

.092

.090

.088

.088

.091

.094

.094

.094

.090

.092

.094

.092

.094

.695
.117

.704
.123

709
.122

.711
.124

.709
.124

.692
.124

.692
.124

.695
.124

.699
.124

.704
.124

.711
.122

.713
.122

.713
.122

.725
.132

.734
.132

thous. lb_. 175,432

151,495

10,276

10,165

12,885

16,563

10,835

11,581

12,830

14,348

11,460

10,731

15,481

14,295

15,399

290.5
137.7

258.5
120.8

314.9
114.2

295.6
120.8

329.2
118.7

316.1
127.8

288.5
127.3

355.0
99.6

307.1
89.9

344.7
88.2

307.8
78.2

320.2
84.5

307.4
91.9

317.0
85.5

186.1
67.1

164.2
68.4

194.5
71.0

197.1
68.9

203.5
69.8

215.8
67.7

228.4
69.3

.313

.313

.313

.313

.313

.313

.313

.313

.313

.313

44.7
50.7
44.1

40.2
46.0
43.1

47.6
57.8
36.7

46.2
53.9
35.7

52.9
59.1
37.2

51.5
53.9
38.3

48.1
47.3
45.3

44.4
54.1
50.8

'34.2
••54.3
43.9

414.2
251.6
355.4

360.4
201.0
339.1

408.2
241.8
318.5

394.0
236.7
329.1

423.6
240.3
316.7

424.9
222.5
311.5

404.2
204.5
341.3

408.1
232.6
343.0

341.1
205.7
392.0

37.2
58.7
31.8
365.4
234.5
359.6

2.9

4.3

4.6

3.3

3.5

3.3

3.2

3.7

'2.0

1.8

(<*)
53.9
76.5
179.3
58.2

41.1
65.3
169.4
53.1

48.3
75.1
127.8
47.0

(<*)
44.9
66.5
229.1
50.4

()
58.7
80.5
232.5

()
'50.1
'69.4
240.4
112.5

do
do
do

thous. sh. tons..
do
do

Prices (New York):
Raw, wholesale
Reflned1.
Retail (incl. N . E . New Jersey)
Wholesale (excl. excise tax)._.

3,871
5,230

1,947
383
.625
177

1,784
437
.480
137

1,452
443
.485
134

1,434
333

163

1,146
286
.463
133

415

224

212

240

4,585
6,601
1,230

4,938
6,700
1,262

224
462
153

147
612
92

11,439
11, 288
2,687

11, 531
11,420
2,757

1,058
1,049
2,898

481

778

5,262.
1,544
48

.sh. tons..

Imports:
Raw sugar, total9
From the Philippines
Refined sugar, total

3,506
4 972

$ per lb_.
$per 5 lb_.
$perlb._

1

441
127
3

FATS, OILS, AND RELATED PRODUCTS
Baking or frying fats (incl. shortening):
291.4
301.2
278.1
Production
mil. lb,_ 3,515.0 3, 532. 5
127.3
136.0
130.6
127.6
130.0
Stocks, end of period©
do
Salad or cooking oils:
3,500.0
3,
904.3
359.9
348.7
321.3
Production
do
85.5
92.3
145.8
106.1
76.1
Stocks, end of period©
do
Margarine:
2,290.0 2,361.2
181.3
186.3
201.7
Production
do
82.6
69.3
83.9
57.1
69.1
Stocks, end of period©
do
Price, wholesale (colored; mfr. to wholesaler or
.313
.313
.313
.308
.313
large retailer; delivered)
$ per lb_.
Animal and fish fats:A
Tallow, edible:
547.6
41.4
46.2
46.3
Production (quantities rendered)
mil. lb_. 541.6
633.6
53.0
54.7
51.8
598.6
Consumption in end products
do
45.3
36.4
43.7
41.3
38.7
Stocks, end of periodi
do
Tallow and grease (except wool), inedible:
432.1
4,967.7 4, 850.9
390.3
425.8
Production (quantities rendered)
do
2,622. 7 2, 761. 6
227.7
241.5
242.8
Consumption in end products
do
341.3
366.6
350.5
379.7
379.3
Stocks, end of period i
do
Fish and marine mammal oils:
41.9
57.1
3.1
3.0
3.5
Consumption in end products
do
Vegetable oils and related products:
Coconut oil:
Production: Crude
mil. lb .
51.2
553.3
593.0
55.0
Refined
do
56.8
69.7
73.0
740.4
824. 9
Consumption in end products
do
66.4
162.9
174.6
Stocks, crude and ref., end of period 1F
do
191.1
229.1
187.1
70.4
27.3
Imports
_
__.
__do
67.9
628.6
677.0
Corn oil:
485.1
507.2
Production: Crude
do
40.0
46.1
43.5
440.3
34.6
36.4
464.5
Refined
do
36.7
32.3
35.4
446.3
38.7
Consumption in end products
do
463.7
72.1
81.4
57.0
59.1
Stocks, crude and ref., end of period^
do
71.8
d
' Revised.
v Preliminary.
Data withheld to avoid disclosure
of
operations
of
in2
dividual
firms. i Reflects revisions not available by months.
Average for Jan.-Nov.
3
Average for Apr.-June and Aug.-Dec.




()
50.6
71.4
126.5
31.7

()
54.2
69.7
182.1
67.0

()
48.0
70.9
186.1
37.3

295.5 ' 275.5
140.5 ' 128.8
320.6 314.1
92.9 '88.8
191. 5
232.5
80.6 '80.2

312.8
124.0
367.3
88.4
198.5

00
56.5
79.5
218.7
70.9

46.4
40.1
42.6 '41.7
50.4
34.7
38.1
45.3
45.5
41.1
41.6
39.7
66.7
69.7
'65.9
71.8
OCases of 30 dozen.
cFBags of 132.276 lb.
§Monthly data reflect cumulative revisions
for prior periods.
9 Includes data not shown separately: see also note " §".
AFor data
on lard, see p. S-28.
©Producers' and warehouse stocks.
f Factory and warehouse
stocks.
45.7
43.6
41.2
81.1

43.3
34.0
36.6
74.6

43.5
38.2
41.3
67.2

43.2
40.4
38.0

44.1
43.0
39.6
73.3

40.3
42.8
41.6
72.7

su K V E : r

S-30
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1971

OF CU1CKEJN r mJSIJN ESS
1972

1972

Annual

May 1973

Mar.

Apr.

May

June

July

1973

Aug.

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:
Production.- . . .
. .
thous. sh. tons.. 1,720.6 1, 923. 8
93.1
50.0
Stocks (at oil mills), end of period
do
Cottonseed oil:
1,209.4 1,355.2
Production* Crude
mil. lb
985.7 1,133.4
Refined
do
734.8
728.5
Consumption in end products
do
Stocks, crude and refined (factory and ware187.4
188.3
house), end of period
mil. lb
2 400. 7
475.4
Exports (crude and refined)
do
.159
.190
Price, wholesale (N.Y.)
$perlb._
Linseed oil:
Production, crude (raw)
mil lb
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of period
mil. lb
Price, wholesale (Minneapolis)
.__$ per lb_.
Soybean cake and meal:
Production.. ._ . . _
thous. sh. tons
Stocks fat oil mills), end of period
do
Soybean oil:
Production: Crude
mil lb
Refined
do
Consumption in end products
- do
Stocks, crude and refined (factory and warehouse), end of period
mil. lb.Exports (crude and refined).
do. Price, wholesale (refined; N.Y.)
$ per lb..

216.5
126.9

155.9
145.8

132.4
159.4

101.8
137.5

76.6
102.6

87.2
67.7

78.4
32.9

200.4
37.5

242.4
44.5

228.4
50.0

238.7
48.7

' 218.0
'51.7

236.1
71.5

154.4
118.2
66.7

110.2
98.3
48.9

97.7
98.2
63.5

75.8
88.8
63.2

54.4
61.3
55.5

61.2
74.6
71.9

53.4
41.8
53.7

139.3
95.4
69.1

165.5
121.9
74.4

157.3
140.1
65.0

163.3
124.9
61.2

' 152. 0
' 135.0
'55.4

162.9
140.7
88.3

295.0
50.4
.168

294.8
47.8
.168

266.0
30.6
.168

239.7
49.7
.168

203.9
33.5
.168

137.9
58.3
.150

114.2
13.0
.147

142.5
18.9
.150

161.5
70.6
.139

187.4
32.2
.141

215.4
57.9
.141

' 239.1
56.6
.166

213.4
78.7
'.185

412.2
213. 6

439.7
243.7

44.8
19.0

36.1
19.7

33.2
22.5

39.0
24.3

33.2
21.9

40.4
23.2

41.1
20.9

34.0
21.7

35.0
18.5

28.2
17.1

31.3
15.8

25.1
14.5

18.1
18.4

224.8
.089

253.6
.092

263.5
.088

280.9
.088

275.3
.088

276.6
.095

263.8
.095

253.3
.095

259.2
.095

258.4
.095

246.3
.095

253.6
-.095

225.3
.095

' 224.1
.095

154.7
.095

1,439.8 1,308.8
162.6
158.1

1,338.9
205.9

1,335 4
174.6

1,198 5
150.6

1,519.2
148.3

17,104.2 16, 993.1
180.5
119.8

1,471.9 1,346.5
198.9
136.8

1,612.0 1,571.5
180.5
133.7

.190

.005

1,611.9 '1,479.7 1,485.0
174.7
162.3 ' 177. 8

8,081.5
6,298. 0
6,322.9

8,083. 7
6,464.0
6,748. 7

706.4
559.1
582.6

646.7
534.4
545.4

698.8
556.6
580.6

635.4
534.4
565.8

648.6
479.1
497.1

645.7
550.4
571.6

581.0
528.1
560.6

713.3
561.1
595.1

742.4
558.0
584.7

716.6
553.9
588.1

723.5
570.1
589.2

' 676. 8
' 519. 4
' 538. 9

681.0
572.9
588.2

802.2
2 1,611.7
.151

896.5
1,148. 7
.131

881.2
59.3
.141

952.7
69.3
.143

945.0
89.0
.138

829.7
263.3
.136

854.1
94.1
.126

841.6
57.5
.128

785.2
68.3
.125

806.2
58.4
.120

839.1
109.7
.117

896.5
50.7
124

948.6
52.7
.117

' 966. 5
120.9
.150

987.2
132.3
.166

Leaf:
' 11, 705 ' * 1,751
Production (crop estimate)
mil lb
Stocks, dealers' and manufacturers' end of period
4,828
4,700
mil lb
Etports, incl scrap and stems
thous lb 2 474,209 606,176
2 248,529 240, 509
Imports, incl. scrap and stems
do

4,531
28 581
22,549

17,856
17,510

42,665
21,908

4 186
33,348
18,281

39,164
16,112

40,455
23,934

4,405
48, 264
21, 040

54,114
20,924

63,105
17,123

4 700
56,151
19,637

43,050
21,516

45, 276
24,416

4,460
45,597
20,052

3,732
49,913
540
2,577

2,745
42, 581
457
1,959

3,826
48,376
592
2.246

4,608
49,127
473
2,770

3,170
38, 468
442
2,886

4,676
53, 566
563
2,923

4,172
45,038
485
2,921

2,907
51,321
561
3,544

4,136
46,937
520
3,476

4,079
36, 762
344
3,089

4,070
48, 230
464
2,343

4,917
45,576
402
3,546

3,834

.174

TOBACCO

Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
Taxable
Cigars (large), taxable
Exports, cigarettes

millions
do
do

_

do..

49,206
528, 858
6,506
31,802

47,171
551,017
5,888
34,602

LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total $
thous. $_
Calf and kip skins
thous. skins_.
Cattle hides
thous. hides..

292,023
2,064
17, 589

19, 226
124
1,686

15,866
226
1,210

19,078
158
1,437

19,256
126
1,317

32,641
117
2,152

23,993
180
1,324

24,376
153
1,290

36,113
164
1,893

40, 816
156
1,733

37,255
172
1,524

35,887
223
1,461

45,483
177
1,837

44,199
200
1,802

52,100
19,283
1,956

65,200
16, 852
3,355

6,600
2,119
285

5,800
2,139
275

7,500
2,641
356

5,900
1,245
415

5,800
1,627
198

5,700
1, 393
268

4,400
1,075
206

5,700
704
425

4,200
326
159

3,800
405
165

7,000
910
256

7,500
1,437
253

9,700
1,883
152

$ per lb.
do....

.294
.145

.563
.296

.450
.233

.575
.255

.575
.280

.560
.293

.560
.293

.650
.340

.650
.335

.650
.405

.650
.430

.660
.320

.660
.340

.660
.335

.660
.282

Production:
Calf and whole kip
Cattle hide and side kip
Goat and kid
Sheep and lamb

thous. skins.
thous. hides and kips.
thous. skins.
do

1,621
20,477
3,148
21,385

1,576
20,033
3,522
20,191

142
1,833
245
1,741

147
1,784
242
1,708

173
1,881
340
1,876

153
1,810
419
1,867

97
1,216
219
1,389

148
1,799
334
1,869

118
1,694
292
1,545

120
1,708
309
1,663

132
1,546
291
1,727

106
1,387
330
1,514

114
1,504
278
1,312

1,446
215
1,268

Exports:
Upper and lining leather

thous. sq. ft.

82,944 2117,556

9,816

9,485

11,487

10,360

8,406

10,935

11,781

11.413

10,323

8,223

8,746

7,872

7,254

194.2

194.2

194.2

194.2

194.2

194.2

117.9

117.9

Imports:
Value, total 9
Sheep and lamb skins
Goat and kid skins

thous. $ .
thous. pieces,.
do

Prices, wholesale, f.o.b. shipping point:
Calfskins, packer, heavy, 9^/15 lb
Hides, steer, heavy, native, over 53 lb
LEATHER

Prices, wholesale, f.o.b. tannery:
Sole, bends, light
index, 1967=100.
Upper, chrome calf, B and C grades
index, 1967=100.

114.4

3 157.5

136.4

152.5

152.5

152.5

152.5

81.8

106.7

100.1

104.6

106.4

106.4

109.0

111.7

115.3

117.9

117.9

117.9

117.9

LEATHER MANUFACTURES
Shoes and slippers:
Production, total
thous. pairs.. 535,777
Shoes, sandals, and play shoes, except athletic
thous. pairs.. 425,875
98,147
Slippers
_
do
8,440
Athletic
do
3,315
Other footwear
do

525,665

48,706

44,142

45,169

46, 224

36,089

46,246

44, 243

46,398

41,056

38,547

42, 574

41, 555

417,604
98, 272
8,726
2,053

38,208
8,469
853
176

35,982
7,292
726
142

35,631
8,656
723
159

36,823
8,463
736
202

30,117
5,450
409
113

36, 546
9,760
729
211

33, 749
9,526
772
196

34,615
10,818
810
155

30, 663
9,305
861
227

31,298
6,364
705
180

34,301
7,249
861
163

33, 265
7,343
802
145

203

148

142

195

161

222

206

218

231

220

190

226

125.5

128.3

130.1

131.4

131.4

131.4

131.4

135.0

135.0

135.0

138.9

138.9

121.5
124.3

124.1
127.4

125.3
130.4

125.3
130.4

127.9
130.4

127.9
130.4

127.9

127.9

129.2

129.2

129.2

131.2

131.2

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

,106

2 2, 253

128.6
120.1
121.2

125.6
^ 127 0

r
Revised.
i Crop estimate for the year.
2 Annual total reflects revisions not distributed to the monthly data.
3 Average for Jan.-July and Qct.-Dec.




4

Jan.-Aug. average.
9 Includes data for items not shown separately.

254

—

SUKVEY OF CURRENT BUSINESS

May 1973
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

| 1972

Annual

S-31

1972

Mar.

Apr.

May-

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

3,456
567
2 890

Apr.

LUMBER AND PRODUCTS
LUMBER—ALL TYPES 9
National Forest Products Association:
Production, total
mil. bd. ft.
Hardwoods _
_ ._
do...
Softwoods
do
Shipments, total.
Hardwoods
Softwoods

.
. . .

i 36,693 i 38, 725
7,152
6,949
29,744
31,573

3,383
506
2,877

3, 272
562
2,710

do _ . i 37, 769 139,917
7,455
7,638
do
32, 279
. _ do. . . 30,314

3,566

3,422

583

622

2,983

2,800

3,022

609

2,862

630

2,648

2,859

2,757

Stocks (gross), mill, end of period, total,
Hardwoods
.
Softwoods
Exports, total sawmill products
Imports total sawmill products

3,420
555
2,865

3,301
550
2,752

3,102
542
2,561

3,417
600
2,817

3,303
595
2,708

3,528
627
2,901

3,193
615
2,578

2,664
430
2,234

3,012
535
2 477

3,074
545
2,529

3,628

3,429

3,236

3,468

3,387

3,520

3,203

2,776

3,153

3,102

627

615

479

2,588

2,297

678

606

2,893

642

2,475

2,496

2,832

4,095
'512
3,583

3,954
369
3 586

3,926
307
3,619

3,802
224
3 677

606

567

588

r

3,474

do .
do
do

5,288
999
4,289

4,095
512
3,583

4,857
666
4,191

4,704
603
4,101

3,944
553
3,944

4,368
535
3,834

4,236
489
3,747

4,184
479
3,705

4,097
441
3,656

4,149
441
3,708

4,094
438
3,656

do
do

1,081
7,599

1,390
9,428

152
768

120
745

126
889

127
761

170
888

132
690

129
820

139
815

104
886

103
689

125
935

130
760

176
883

8,507

9 210

915
689

763
700

111
563

844
645

735
622

718
597

939
700

773
704

636
597

634
639

759
688

720
717

864
774

698

826
870
950

731
752
929

810
914
825

722
762
785

738
758
765

707
743
729

852
836
745

776
769
752

735
743
744

546
592
698

743
710
731

736
691
776

877
807
846

405
111
294

49
15
34

36
10
26

44
14
30

40
9
31

30
6
24

35
12
24

37
9
28

34
17
18

35
4
31

25
4
21

46
16
31

45
14
31

53
6
47

144. 27

135. 70

137.42

141.64

143. 55

149.32

149.72

150. 30

150.70

151.28

151. 28

152.46

168.46

193.96

i 8 539
435

808
517

793
515

767
494

821
499

788
510

824
508

798
510

794
504

706
494

634
435

677
472

703
536

763
561

7, 734
7 894

»8 337
i 8 525

782
816

770
795

776
788

803
816

744
111

802
826

770
796

815
800

710
716

697
693

659
640

640
639

731
738

1,216

1,028

1,148

1,123

1,111

1,098

1,065

1,041

1,015

1,030

1,024

1,028

1,047

1 048

1,041

7,366

5,285

3,912

4,760

5,044

4,852

7,728

4,429

6,618

4,877

4,715

6,508

153.4

154.5

155.5

156.2

158.5

159.6

159.9

159.9

159.9

160.4

168.5

176.5

188.4

140.7

140.7

140.7

141.5

141.8

143.4

143.4

143.4

150.3

162.7

169.9

r

SOFTWOODS
Douglas fir:
Orders new
Orders, unfilled, end of period

mil. bd ft
do

Production
Shipments
Stocks (gro<vs), mill, end of period

do _.
do
do

Exports, total sawmill products
Sawed timber
Boards, planks, scantlings, etc

do
do
do

566

8,283
8 398
943
329
88
240

Prices, wholesale:
Dimension, construction, dried, 2 " x 4", R. L.
$per M bd. ft.. 2 117.68
Southern pine:
Orders, new
Orders, unfilled, end of period
Production
Shipments

1

mil. bd. ft.
do

_

7,942
421

1
1

_ . do. _
do

Stocks (gross), mill and concentration yards, end
of period . . - . . . . . . .
mil. bd. ft.

639

8 892
9 137

M bd. ft..

64, 923

64,456

4,521

Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1967=100..
Flooring, B and better, F . Q . 1 " x 4", S. L.
1967=100..

133.7

154.7

149.1

Exports, total sawmill products

Western pine:
Orders, new
Orders, unfilled, end of period.
Production
Shipments

_. .

_.

__

Stocks (gross), mill, end of period

mil. bd. ft
. do. _

132.8

140.8

138.7

141.8

141.8

10, 299

10,634
436

968
424

919
436

956
412

964
426

874
465

933
460

1,025

362

500

918
453

723
384

794
436

820
450

877
497

950
510

910
950

818
835

933
938

974
985

960
965

815
792

726
742

745
806

818
830

933
937

1 289

1,272

1,267

1,256

1,251

1 274

1,258

1 197

1 185

130. 52 134. 59

135.18

139. 34 138.78

138.44

138. 05

136.37

139.85

154.21

183.12

do
do

10,019
10 271

10, 436
10 560

940
951

882
907

953
980

do

1 382

1 258

1,381

1,356

1,329

96.44

130. 91

121. 77

127.01

323.3
8 1

268.2
11 6

26.8
13.7

22.8
15 2

26.9
16 6

24.5
15 8

18.5
15.8

26.1
14 6

21.6
14 0

20 2
13 4

17.3
12.2

14.6
11 6

18 4
92

14.8
7 9

16 3
73

306.6
320. 9
22.0

244.8
261.1
6.6

21.5
24.2
16.1

19.4
20.7
14.7

21.6
23.7
13.1

22 3
25.4
11.1

17.1
18.5
9.7

25.1
25.7
8.8

20.5
22.1
7.2

20 4
20.8
6.8

19.3
20.0
6.8

15.4
14.8
6.6

16 8
18.6
5.7

14 9
15.8
5.1

16 3
17.1
4.6

Price, wholesale, Ponderosa, boards, No. 3, 1" x
12", R. L. (6' and over)
__$ per M bd. ft.

197.22

1 181
212.59

HARDWOOD FLOORING
Oak:
Orders, new
Orders, unfilled, end of period

mil bd ft
do

Production
Shipments
Stocks (gross), mill, end of period

do
do
do

METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous. sh. tons..
Scrap
do...
Pig iron
do
Imports:
Steel mill products
Scrap
Pig iron

2,827
6,256
34

2,873
7,383
15

261
588
1

199
469
(3)

245
614
1

211
653
(3)

220
760
2

301
595
(3)

304
811
(3)

252
653
2

207
695
2

245
895
3

288
900
(3)

221
836
1

323
1,090
1

18,304
325
320

17,681
373
653

1,095
30
5

930
26
34

1,603
48
62

1,599
27
71

1,531
34
78

1,787
24
43

1,570
31
68

1,910
26
68

1,824
32
49

1,609
35
116

1,381
36
27

1,306
25
7

1,170
31
11

49,169 »51,399
33, 987 1*138,562
182.567 P 90,404
8,494 v 8,134

4,383
3,637
7,967
8,310

4,480
3,415
7,942
8,293

4,545
3,477
8,062
8,230

4,342
3,301
7,509
8,373

3,905
2,659
6,374
8,642

4,334
3,087
7,279
8,792

4,336
3,142
7,591
8,644

4,542
3,480
8,149
8,593

4,342
3,351
7,877
8,390

4,408
3,187
7,848
8,134

4,731 rr 4,465 v 5,302
3,328 P 3, 818
3,459
8,381 r 7,866 P 8,798
7,878 r 7, 918 v 7,981

do
do
do

Iron and Steel Scrap
Production
Receipts, net
Consumption
Stocks, end of period

k

thous. sh. tons.
do...
do...
__.
do...

1

Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$ per Ig. t o n . . 33.19
34.65
32.74
33.66
33.68
Pittsburgh district
do._._
36.80
38.00
37.00
35.50
36.00
r
Revised.
p Preliminary.
i Annual data; monthly revisions are not available.
2 Beginning Jan. 1971, data reflect changes in size specifications, and are not comparable with




33.36
34.24
35. 68 35.76
36.00
40.50
38.50
40.50
3
those for earlier periods.
Less
9 Totals include data for types

36.62
39.08
43.53 48.27
37.09
48.00
43.00
38.50
40.50
48.50
than 500 tons.
of lumber not shown separately.

46.37
48.00

44.57
44.50

May 1973

SURVEY OF CURRENT BUSINESS

S-32
Annual

1973

1972

1972

1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dee.

Jan.

Feb.

Mar.

Apr.

METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous. lg. tons.
Shipments from mines
do...
Imports
do

80,762
77,692
40,124

75,910
78,825
35, 761

5,051
1,749
1,732

5,933
2,972
1,775

7,677
9,302
3,357

7,448
9,240
4,191

7,101
9,442
3,336

7,886
10,535
4,141

7,985
9,277
3,257

6,536
9,062
3,695

5,569
7,677
4,501

5,553
5,883
2,757

5,551
2,035
1,783

5,260
2,492
1,585

1,529

U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
do._
Consumption at iron and steel plants
do-__
Exports
do...

114,051
108,966
3,061

112,305
119, 937
2,095

4,188
10,505
149

5,069
10,482
56

12,069
10,802
94

12,676
9,901
239

12, 205
9,785
289

13, 581
9,933
329

12, 541
9,632
325

13,176
10,294
275

11,094
10,205
91

9,037
10, 729
213

4,018
11,156
84

4,561
10,423
46

4,334
11,542
65

78,815
17,653
57, 738
3,424

66,962

14, 289
50,061
2,612

68, 719
26,481
40,412
1,826

65,554
29,414
34,999
1,141

65,138
27,790
36,247
1,101

25,952
39,022
1,324

23,645
41,424
1,628

67,669
21,022
45,071
1,576

69,656
19,731
47,980
1,945

70,159
17,019
50,862
2,278

69,063
14, 893
51,751
2,419

66,962
14, 289
50,061
2,612

63,232
17,973
42,923
2,336

59,565
20,626
37,061
1,878

29,853
1,240

1,019

949

87

65

52

72

78

97

90

74

50

106

72

52

81, 299
81,178
i 1, 779

88,952
88,191
1,656

7,708
7,599
1,732

7,726
7,629
1,666

8,012
7,965
1,676

7,427
7,374
1,688

7,321
7,153
1,827

7,385
7,362
1,841

7,116
7,175
1,787

7,606
7,684
1,745

7,475
7,438
1,711

7,960
7,682
1,656

8,199
8,242
1,655

7,756
7,778
1,542

8,627
8,589
1,446

76.03
67.70
68.75

80.33
3 71.38

77.70
69.94
70.98

77.70
69.94
70.98

81.70
72.21
74.33

81.70
72.21
74.33

81.70
72.21

81.70
72.21
74.33

81.70
72.21

81.70

81.70
72.21

81.70
72.21
74.33

()
71.99
74.33

71.99

75.89
77.90

835
13,839
7,606

1,140
15,320

951
1,329
691

965
1,331
725

984
1,392
762

995
1,363
764

1,019
1,027
629

1,030
1,242
715

1,070
1,292
707

1,102
1,319

1,140
1,206
641

1,244
1,432
716

Stocks, total, end of period
At mines
At furnace yards
At U.S. docks

do
do
do
do--

Manganese (mn. content), general imports

do

Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous. sh. tons.
Consumption
do...
Stocks, end of period
.do
Prices:
Composite
,
$perlg. ton
Basic (furnace) 11. _
$ per sh. ton.
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.-_

74.33
1,093
1,415
771

97
88
51

96
960
578

49

133,102
104.3

11,588
107.3

11,588
110.8

11,937
110.5

10,980
105.0

10,341
95.7

10,842
100.4

10,913
104.4

11,657
107.9

11,398
109.0

11,878
109.9

12,373
114.5

318
1,609
1,321

317
149
123

298
132
106

267
137
111

291
151
124

271
102
85

295
119
97

310
134
108

322
153
128

311
135
111

318
144
120

335
146
121

91,805

7,927

7,622

8,121

7,971

6,875

7,805

7,929

8,243

8,044

8,127

9,111

8,665

9,861

4,917
5,656
7,553
1,601

417
491
641
158

462
618
153

412
479
645
155

430
456
615
137

357
451
541
106

395
488
609
108

455
481
646
115

483
509
664
129

469
519
671
124

466
589
816
148

463
500
702
146

460
452
679
138

529
562
821
167

14,156 1 15,518
9,299
8,179
4,454
4,521
1,675
1,378
7,609
7,5.74
2,952
2,791
6,135
6,811
35,574 »39,862
14,036
11, 760
16,123
14,898

1,393
850
387
148
709
257
533
3.327
1,161
1,324

1,296
770
381
138
652
254
521
3,280
1,142
1,331

1,405
826
423
148
699
261
600
3,463
1,183
1,437

1,345
791
399
147
671
289
642
3,387
1,166
1,361

1,132
654
352
120
582
210
526
2,971
1,095
1,142

1,339
775
419
139
664
258
577
3,367
1,209
1,306

1,335
791
395
142
649
263
491
3,493
1,277
1,365

1,381
819
400
153
645
264
494
3,674
1,311
1,474

1,347

1,362

3,606
1,318
1,423

3,342
1,250
1,312

1,412
880
350
173
653
275
772
4,188
1,458
1,761

1,374
845
359
161
646
251
845
3,820
1,332
1,605

1,667
1,033
434
190
776
318
486
4,535
1,568
1,883

506

75.89
77.90

84

Steel, Raw and Semifinished
Steel (raw):
Production
thous. sh. tons.. »120,443
Index
daily average 1967 = 100..
94.7
Steel castings:
Orders, unfilled, for sale, end of period
thous. sh. tons,.
281
Shipments, total
do_
1,589
For sale, total
,
do.
1,295

11,626
119.1

'13,088 p 12,775
' 121.1 P122.2

Steel Mill Products
Steel products, net shipments:
Total (all grades)
thous. sh. tons.
By product:
Semifinished products
do__.
Structural shapes (heavy), steel piling
do __
Plates
do___
Rails and accessories
do.__
Bars and tool steel, total
Bars: Hot rolled (incl. light shapes)
Reinforcing
Cold
finished
Pipe and tubing
Wire and wire products
Tin mill products
Sheets and strip (incl. electrical), total
Sheets: Hot rolled
Cold rolled
By market (quarterly shipments):
Service centers and distributors
Construction, incl. maintenance
Contractors' products
Automotive

» 87,038

do
do_._
do __
do...
do___
do__
do__.
do
do
do_._

4,962
5,666
7,939
1,564

i 16,184
do.
do
i 9,541
" _ _ " d o ~ I " 14,946
do.
i 17,483

Rail transportation
do.
Machinery, industrial equip., tools
do
Containers, packaging, ship, materials...do
i
Other
_ do
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-..

1

us, 598
9,299
5,055
18,217

4,807
2,443
1,
4,641

4,619
2,388
1,310
4,302

5,140
2,396
1,346
4,819

2 1,700 2 1,613
2 797
2 821
2
462
2 450
2 2,051 2 1,869

2 2,012
2 983
2 572
2 2,206

682
1,377
1,876

592
1,314
1,696

728
1,514
1,511
6,960

2 245
2 532
2 801
2 2,499 2

2 237
2 501
2 862
2,337

2 587
2 529
2 2,682

8.8
5.4
5.5

8.9
7.0
6.9

'9.0
'6.7
6.6

P7.1
P7.2

'10.8
'9.7

P10.5
P9.2

2,730
5,396
6,616
125,893

730
1,202
1,533
6,031

10.0
67-6
67.0

8.8
68.0
69.2

9.1
5.7
6.1

9.0
5.8
5.9

6.0
6.1

7.1

7.3

7.1

11.4
11.1
11.8
10.6
11.3
9.9
9.5
10.2
9.8
8.8
.1191
.1191
Steel (carbon), finished, composite price...$ per lb_.
.1089
.1191
.1189
r
Revised.
* Preliminary.
* Annual data; monthly or quarterly revisions are not
available.
2 y o r m O nth shown.
3 Average for 11 months.
* Series discontinued.




873
338
143
732
235
436

4,022
2,062
1,101
4,481

3,004
4,903
7,212
23,765

7.4

825
367
147
621
243
445

8.9
5.8
5.8

9.2
4.9
4.6

9.1
5.6
5.7

9.0
5.9
6.0

8.9
6.5
6.6

8.9
6.0
6.0

1.0

7.4

7.8

7.5

7.2

7.8

8.6

'8.1

11.7
9.8

11.8
10.0

11.8
9.8

11.5
9.8

11.3
10.0

11.2
10.1

11.3
10.2

11.0
10.0

.1191

.1191

.1191

.1191

.1191

.1191

.1191

*>8.9

(*)

HEffective May 1973 SURVEY, prices are in terms of dollars per short ton.

SURVEY OF CUKRENT BUSINESS

May 1973
1971

Unless otherw : se stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1973

1972

| 1972

Annual

S-33

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

METALS AND MANUFACTURES—Continued
NONPERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons.
Recovery from scrap (aluminum content)..do
Imports (general):
Metal and alloys, crude
Plates, sheets, etc
Exports:
Metal and alloys, crude
Plates, sheets, bars, etc.*

_

3,925
1943

4,122
1,041

336
87

331
92

346
94

340
91

do
do

560.4
71.0

646.4
80.9

70.0
9.0

55.0
6.1

73.4
6.4

do
...do

112.3
149.0

108.3
154.0

6.7
13.5

6.4
12.3

.2900

.2645

.2900

.2900

10, 258.2 111,820.6
7,846. 2 19,209.2
3,976.4 4,760.4
1,577. 2 1,855.7

1,017.4
796.9
410.3
162.3

Price, primary ingot, 99.5% minimum.._$ per lb_.
Aluminum products:
Shipments:
Ingot and mill prod, (net ship.)
mil. lb.
Mill products, total
do.
Sheet and plate
do.
Castings
do.
Inventories, total (ingot, mill prod., and scrap),
end of period
mil. lb._
Copper:
Production:
Mine, recoverable copper
thous. sh. tons._
Refinery, primary
do-..
From domestic ores
do._.
From foreign ores
do...
Secondary, recovered as refined
do

349
87

347

363
90

357

78

364
88

372
87

351
88

44.8
5.9

39.2
7.5

52.2
5.0

47.0
5.4

53.3
5.9

54.5
6.0

58.2
6.5

38.8
6.2

50.9
6.4

7.5
12.0

66.3
7.7
8.4
13.7

7.7
11.6

7.3
9.7

9.1
11.9

14.2
14.4

10.0
14.8

14.0
13.7

12.4
18.5

11.5
13.1

10.6
18.5

.2636

.2500

.2500

.2500

.2500

.2500

.2500

.2500

.2500

.2500

.2500

945.9 1,064.5
732.4
818.1
376.4
416.8
157.5
165.8

1,047.5
840.8
440.0
160.3

881.6
726.0
388.1
117.8

998.8
797.1
407.3
147.7

983.1 1,015.4
778.6
794.2
403.6
397.3
150.7' 165.8

1,038.! '1,024.0 1,157.0 1,101.7
776.9
765.8 ' 826.3 819.4
431.7
393.0 404.4 ' 424.2
177.1
171.6
154.3 '186.3

5,029

4,804

5,004

4,980

4,915

4,871

4,919

4,877

4,840

4,828

4,808

4,804

4,840

4,767

1,522.2
1,591.8
1,410.5
181.3
371.0

1, 642.8
1, 809.1
1, 616. 2
192.8
383.0

147.4
173.7
152.3
21.4
4 100

140.6
153.5
139.5
14.0

144.7
164.4
149.4
15.0

137.7
159.4
143.5
15.9
4 96

115.1
128.2
114.1
14.1

136.7
142.0
129.4
12.6

138.2
149.9
128.7
21.2

140.6
149.2
131.2
18.0

135.3
157.6
134.9
22.7

137.4
143.8
132.7
11.1
4 94

137.3
157.4
141.1
16.4

134.3
143.8
128.8
15.0

365.8
162.1

423.6
189.8

38.9
16.1

29.9
10.5

33.5
13.6

35.9
25.1

44.7
14.1

35.6
18.5

36.3
14.0

43.0
21.7

47.6
23.3

22.8
11.6

40.8
21.3

18.2

44.6
21.5

283.0
187.7
2,014

267.7
182.7

33.1
22.8

26.7
20.2

20.8
14.4

19.2
12.9

17.9
11.0

19.6
12.3

20.8
12.8

20.3
13.7

15.8
10.7

19.9
14.7

22.1
15.9

24.4
15.6

23.6
12.8

2,230

4 523

4 602

277
174

271
114

289
165

272
143

.5201

.5124

.5257

.5457

.5981

2,711
2,354

2,985
2,647

751

767

705
642
196

Lead:
Production:
Mine, recoverable lead
thous. sh. tons..
Recovered from scrap (lead cont.)
do.

578.6
i 596.8

618.4
595.1

55.7
54.2

52.2
51.9

54.2
55.0

51.2
50.4

52.5
48.9

56.9
49.6

50.6
51.4

51.7
49.5

46.1
51.6

45.0
45.4

'53.5
55.3

49.6
56.2

Imports (general), ore Head cont.), metal...do..
Consumption, total
.
do.

261.7
1,431.5

344.6
1,428.7

42.5
125.5

22.5
116.5

30.5
124.6

51.8
122.9

17.1
91.0

22.9
123.4

38.4
122.2

22.6
127.6

27.2
126.8

23.6
116.0

45.1
128.8

27.6
124.1

Stocks, end of period:
Producers', ore, base bullion, and in process
(lead content), ABMS
thous. sh. tons.
Refiners' (primary), refined and antimonial
(lead content)
thous. sh. tons..
Consumers' (lead content) d*
do
Scrap (lead-base, purchased), all smelters
(gross weight)
thous. sh. tons..
Price, common grade A
$ perlb-_

154.7

168.0

151.1

155.9

153.2

158.6

159.1

161.4

165.3

169.4

173.0

168.0

165.9

'52.1
'125.6

64.5
113.2

37.8
133.5

29.0
133.4

35.9
132.1

40.3
135.3

55.3
142.6

67.5
128.6

69.1
125.8

63.7
119.4

64.2
117.2

64.5
113.2

57.3
115.1

51.6
109.8

'76.2
.1380

60.2
.1503

71.1
.1550

69.2
.1557

64.2
.1560

66.6
.1550

62.8
.1650

65.2
.1541

62.9
.1500

63.3
.1467

53.7
.1450

60.2
.1450

59.3
.1482

.1526

.1600

lg. tons
do-_.
do
do
do.
do ~

3,060
i 46,940
120,096
12,324
i69,950
151,980

4, 216
52,451
19,655
12,135
68,574
52,443

441
3,019
1,815
225
6,190
4,605

0
3,793
1,650
275
5,750
4,410

322
6,248
1,655
270
6,150
4,690

0
4,701
1,770
245
5,985
4,660

1,072
2,842
1,410
220
5,260
4,130

0
3,406
1,690
220
5,660
4,335

529
2,105
1,815
195
5,405
4,210

6,532
1,685
215
5,700
4,345

91
4,723
1,820
180
5,365
4,115

496
4,135
1,470
135
5,525
4,180

504
5,103
1,670
175
5,870
4,735

709
2,967

452
5,221

5,945
4,625

.do
do .
$ perlb..

2,306
9,804
1. 6734

1,466
11,550
1. 7747

118
11,247
1.7981

191
10,630
1.8198

235
12,535
1.7792

42
11,240
1.7503

162
11,235
1. 7661

12,195
1.7912

95

145
10,080
1.8199

34
11,370
1.8040

81
12,180
1.7721

226
11,550
1.7625

126
10,270
1.7904

311
8,880
1.9197

Imports (general):
Refined, unrefined, scrap (copper cont.)..do
Refined
do
Exports:
Refined and scrap
do
Refined
do
Consumption, refined (by mills, etc.)
do
Stocks, refined, end of period
do
Fabricators'
do..Price, electrolytic (wirebars), dom., delivered
$ per lb-_
Copper-base mill and foundry products, shipments
(quarterly total):
Brass mill products
mil. lb._
Copper wire mill products (copper cont.)___do
Brass and bronze foundry products
do

Tin:
Imports (for consumption):
Ore (tin content)
Metal, unwrought, unalloyed
Reeovery from scrap, total (tin cont.)
As metal
Consumption, total
.
Primary
Exports, incl. reexports (metal)
Stocks, pig (industrial), end of period
Price, pig, Straits (N.Y.), prompt
Zinc:
Mine prod., recoverable zinc
Imports (general):
Ores (zinc content)
Metal (slab, blocks)

.5257

.5257

.5063

.5061

794
678
212

.5061

.5061

.5061

700
628
172

.5061
786
699
187

502.5

482.0

45.8

41.5

43.8

41.9

37.4

41.4

38.9

40.7

38.9

33.9

•40.8

36.8

342.6
319.6

254.9
522.6

23.4
53.5

29.9
24.7

24.6
39.0

24.9
59.8

14.7
44.9

8.9
40.6

16.2
56.5

21.8
46.9

14.4
60.4

11.8
37.8

22.0

19.8
46.2

do.
do.

i 119.3
1277.3

140.4
259.9

12.8
21.1

13.1
20.9

11.8
22.1

12.2
22.3

11.2
21.3

8.5
22.2

9.3
21.7

12.1
22.0

13.2
22.8

13.3
21.9

13.7
22.0

12.7
22.1

64.3
4.9
121.7
(*)

59.5
3.8
97.9
0

56.3
5.8
125.4

53.1
5.4
121.8

57.1
7.0
129.0
0

56.6
6.4
123.6

51.8
5.3
112.8
.2

56.0
5.8
129.6
()

50.7
5.3
123.7
.1

Slab zinc:
Production (primary smelter), from domestic
i 766. 4
and foreign ores
thous. sh. tons
697.9
63.1
57.2
60.7
180.9
Secondary (redistilled) production
do
67.5
5.7
5.9
5.7
1,254.1 1, 428.6
Consumption, fabricators- ._
.
do.
126.0
128.3
122.1
13.3
4.3
1.5
Exports
do..
0
1.3
Stocks, end of period:
141.3
29.4
31.8
Producers', at smelter (ZI)O
do
23.4
21.2
138.8
i 104.3
Consumers'
do_
97.6
93.2
96.9
.1775
.1613
Price, Prime Western
$perib-.1774
.1730
.1787
r
Revised.
v Preliminary.
1 Annual data; monthly revisions are not available.
2
3
Average for 11 months.
Less than 50 tons.
* For quarter ending in month shown.
* New series.




.5257

4 601
271
114

do
do

thous. sh. tons

Consumption (recoverable zinc content):
Ores
Scrap, all types

2

4 504
294
136

00

.2500

17.7

108
2.0509

2.0244

20.4
52.1

.3

28.1
30.4
32.7
31.3
31.8
31.2
32.3
23.5
28.0
21.3
26.7
121.1
123.9
138.8
143.9
144.3 140.4
111.4
138.4
125.0
.1928
.1866
.1811
.1985
.1800
.1800
.1800
.1800
.1800
.1800
AEffective Dec. 1971, nationwide delivered price substituted for N.Y.-basis price.
^Includes secondary smelters' lead stocks in refinery shapes and in copper-base scrap.
O Producers' stocks elsewhere, end of Apr. 1973,11.300 short tons.

SURVEY

S-34
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1971

May

CURRENT

1 1972

1973

1972

Annual

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Feb.

Jan.

Mar.

Apr.

METALS AND MANUFACTURES—Continued
MACHINERY AND EQUIPMENT
Foundry

equipment (new), new orders, net
mo. avg. shipments 1967 = 100..
Heating, combustion, atmosphere equipment, new
Electric processing heating equip..

do

Material handling equipment (industrial):
Orders (new), index, seas, adjt
1967 = 100..
Industrial trucks (electric), shipments:

84.2

75.4

90.8

63 7
7.5
30.3

79 3
12.8
41.3

16 2
2.5
7.4

78.0

62.1

67.0

54.6

58.4

23 8
4 0
12.8

90.0

101.1

58.2

101.1

83.9

74.6

113.6
27.0

21.1
3.4
11 4

18 3
2 9
9 7

5.7

13.0

99.6

128.4

' 114.6

' 113.6

' 114. 7

' 123. 9

' 130.6

' 153.7

r 136. 5

' 132. 9

' 155. 0

' 149. 4

' 157. 4

164.1

12 644
14,621

15,482
16,902

1 297
1,404

1 253
1,279

1 250
1,314

1 283
1,685

1 102
1,282

1 312
1,385

1 619
1,544

1 377
1,457

1,416
1,518

1,476
1,701

1,544
1,525

1,696
1,626

49,289

40,698

3,282

3,281

3,265

3,940

2,788

2,940

3,832

3,589

3,995

4,000

3,828

3,797

99.1

116.3

108.5

112.3

108.9

116.4

117.0

118.4

121.4

123.7

127.8

129.5

130.4

134.6

139.1

104.7

120.3

119.4

112.8

120.9

119.5

112.6

127.2

121.5

124.2

134.6

129.4

135.3

129.1

126.3

608. 75 1,008.95
524.10
877. 25
672.30
714. 45
554. 20
627.15
407.5
702.0

95.70
77.35
56.75
48.15
472.4

66.70
57.20
49.55
44.40
489.6

80.45
69.90
57.15
48.25
512.9

75.00
66.70
70.05
63.00
517.8

78.60
64.65
47.80
42.25
548.6

77.60
69.45
48.45
44.05
577.8

97.50
76.80
76.25
65.00
599.0

94.45
84.35
63.85
56.05
629.6

112.70
103.45
66.20
58.80
676.1

118.30
104. 20
92.40
83.45
702.0

124.80
103. 25
66.15
58.60
760.6

'130,40
'117.80
' 74.40
' 67.40
'816.6

»170.80
*149.10
p 98. 80
v 83.95
* 888. 6

252. 40
223. 20
325. 60
285. 60
161.8

403.05
368. 20
304. 25
267. 20
260.5

23.40
21.75
33.50
28.85
157.2

27.65
26.50
26.35
21.95
158.5

29.75
26.00
23 65
21.50
164.6

40 10
38 45
33 85
30 45
170.8

25 80
22.90
24 60
22. G5
172.0

31 35
29.70
19 30
17.25
184.0

42.25
38.05
19 95
18.10
206.3

47.35
42.10
27.40
25. 95
226.2

53.20
48.90
30.65
26.05
248.8

37.65
34.10
25.95
21.45
260.5

56.85
49.55
27.15
25.70
290.2

'
'
'
'
'

p76.70
p 72.05
p 35. 35
v 33.55
p 375.4

units 1 18 520
mil. $
i 479.6
Wheel (contractors' off-highway)
units
14 334
mil $
i 166 9
Tractor shovel loaders (integral units only), wheel
and tracklaying types
units
127,145
mil $
l 640 9
Tractors, wheel (excl. garden and contractors' offhighway types)
units 1165,343
mil. $
i 891. 9

21,225
566.9
4 904
185 8

Rider-type
do
Industrial trucks and tractors (internal combustion
pncinps^ shinmpnt^
nninbpr
Industrial supplies, machinery and equipment:
New orders index, seas, adjusted* 1-1967-69=100..
[ndustrial suppliers distribution:
Sales index, seas, adjusted*.
1967=100..
Machine tools:
Metal cutting type tools:
Orders, new (net), total...
_mil. $Domestic _
doShipments, total,-.
. . .
do-_
Domestic
do
Order backlog, end of period
do
Metal forming type tools:
Orders, new (net), total
Domestic
Shipments total
Domestic
Order backlog, end of period

do
do - do
do
do-. -

Tractors used in construction:
Tracklaying total

72.45
66. 40
28. 70
25.85
334.0

3 2,085 3 1,960
3 63.7 3 59.2

5,795
157.9
1 021
2 32.1

5,682
153.2
1,713
69.2

5 157
135.7
1 230
49.4

4,591
120.1
2
940
2 35.1

46,052
806 7

11,938
202.5

12,040
214.1

10, 276
184.3

11, 798
205.8

196, 875
1 199 8

52,993
313.1

52, 571
310.5

40 845
254.8

50,466
321.5

3 18,906 3 16,917
3
3 111.4 109 3

43, 220

2,826

2,249

2,558

2,794

3,178

4,086

4,473

4,226 ' 3,108

60.7
56 9

60.3
57 3

438

63.7
57 9
77.0
34.6
22 0
20.4
38.9

35.5

34 8

67.5
60.3
79.6
35.8
22 5
21 3
37.7

32.3

34.7

2

140.0

ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments
thous.
Electronic components, factory sales:
Semiconductors:
Discrete devices
.
mil. $
Integrated circuits
do
Tubes, selected power and spec, purpose do
Microwave..
do
Electro-optical
do
High vacuum, gas, and vapor
do
Capacitors
do
Motors and generators:
New orders, index, qtrly
1967—100

39,144

99 3

85.8

Radio sets, total, productiond*.
thous
Television sets (incl. combination), prodd*---do

18 579
11,197

20 086
13,507

U.857
* 1, 286

1,616
1,012

1,420
995

* 1,954
« 1,312

1,314
793

1,543
963

* 2 194
* 1,451

1,786
1,184

1,658
1,200

Household electrical appliances, factory sales:
Air conditioners (room)
thous
Dishwashers* . .
do
Disposers (food waste)*
do
Ranges
do
Refrigerators
do
Washers
do
Dryers (incl. gas)
do
Vacuum cleaners
do

5,438
2 477
2 292
2 714
5 691
4*608
3 377
7 973

4,508
3 199
2 772
3 232
6 315
5,107
3 925
8,337

' 613.3
' 242.4
r
242. 2
' 245.1
471.9
' 425.2
304.3
743.1

704.2
263.2
210.7
274.3
515.5
373.7
248.8
634.1

681.2
268.8
210 9
273.5
583 6
408.8
263.1
599.7

407.5
262.9
243.8
243.0
563.0
408.7
255.1
583.5

280.6
236.1
210. 7
269.3
637.4
406.9
272.2
498.1

129.7
293.8
250.3
297.4
629.2
£05.1
375.1
689.5

82.1
288.8
267 2
278.5
521 5
466.7
392.2
727.7

137.4
333.1
243.7
312.7
606.5
496.5
442.4
838.1

157.2
308.9
236.4
297.0
502.2
439.0
384.0
764.0

293.1
267.7
232.8
258.9
409.5
381.9
335.7
625.4

1,795
2 549
3,088

2,066
2 661
3,163

170.6
261.6
304.2

169.8
211 2
278.0

153.4
221 2
251.0

165.5
238 5
244. 1

156.3
169 4
240.8

184.1
238 7
248.5

193.6
253 1
239.7

216.0
232.3
291.4

178.2
224.1
249.8

157.2
218.2
254.1

1
621
534
i 300
124
l 80
* 76
435

87.1

103.9

4,538

4,553

4,507

39 2

40 3

37.9

39.7

43.2
122.0

105.0

102 5

2, 774

- 5 4,025 ' 5,209 '45,211
U,353 «1,252
1,425 4 1,681
• 2,132

486.8
284.9
215.4
285.2
472.3
457.2
379.3
727.9

448.9
252.3
224.5
240.0
452.8
417.2
318.2
775.3

782. 4
322.7
254.0
293.8
579.8
464.8
331.9
795.9

'163.9
174.8
278.1

' 133.0
' 205. 9
' 278.9

158.8
244.0
276.6

501
41

516
40

560
5

'633
93

19.110 I 19.110

19.110

19.110

19.110

1,189

GAS EQUIPMENT (RESIDENTIAL)
Furnaces, gravity and forced-air, shipments* thous..
Ranges, total, sales*...
do
Water heaters (storage), a u t o m a t i c , sales*

do

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
. . t h o u s . sh. t o n s . .
Exports
.do....
Price, wholesale, chestnut, f.o.b. car at m i n e
$ per sh. t o n . .
Bituminous:
Production..
t h o u s . sh. t o n s . .

« 8,727
671

1

6,637
780

17.673
18. 228
« 552,192
590,000

595
26

467
25

676

17. 738

17. 738

53,995

49,405

623
121

659
49

585
141

17. 738

17.738 ! 17.738

18.130

19.110

52,435

',470 P45,995
49,660 I 40,530 51,675 ! 48,905 • 51,180 | 49,805 ] 44,460 48,740 44,315
•New series. Industrial supplies (marketed through distributors)— orders index (American
Supply & Machinery Mfrs. Assn.), based on 2-month moving average of selected members'
new orders, is also adjusted for number of working days. Sales index (National and Southern
Industrial Distributors Assns.) is based on selected panel of members' operations which cover
national sales for maintenance, repair, and operations for all types of industries. Dishwashers
and disposers (Assn. of Home Appliance Mfrs.) and gas equipment (Gas Appliance Mfrs.
Assn.) reflect total industry sales. Monthly data prior to 1971 are available upon request.

' Revised.
v Preliminary.
1 Annual data; revisions are not available.
2 Excludes
figures for rubber-tired dozers. 6 3 For month shown.
4 Data cover 5 weeks; other periods,
4 weeks.
» See note "d*".
Monthly revisions are available upon request.
% Revisions for 1969-71 appear at bottom of p . S-34 of the Apr. 1972 SURVEY.
& Effective Jan. 1973, data reflect total market: Sets produced in the United States, imports by U.S. manufacturers for sale under their brand name and, beginning 1973, also sets
imported directly for resale.
f Effective Mar. 1973 SURVEY, index revised back to 1968.




653
89 j

445
31

493
87

19.110

19.600

SURVEY OF CURRENT BUSINESS

May 1973
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of B U S I N E S S S T A T I S T I C S

1971

1972

1972

Annual

S-35

Apr.

Mar.

May

June

July

1973

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

' Mar.

Apr.

PETROLEUM, COAL, AND PRODUCTS—Continued
COAL—Continued
Bituminous—Continued
Industrial consumption and retail deliveries,
total 9
thous. sh. tons.. 494,862 519,789 344,025 '40,296 40,695
326, 280 348,625 r 28,261 25,908 26,648
Electric power utilities
do
157,024 159,253 U4,767 '13,837 '•13,597
Mfg. and mining industries, total
do
87,272
82,809
7,458
7,423
7,639
Coke plants (oven and beehive)
do
Retail deliveries to other consumers

do

Stocks, industrial and retail dealers', end of period,
total
thous. sh. tons..
Electric power utilities
do
Mfg. and mining industries, total
do
Oven-coke plants
do

11,748

995

540

430

356

470

'770

1,124

43,362
28,967
13,164
7,345
1,214

44,409 •48,177
29,691 32,386
13,394 14,328
7,630
7,165
1,305

1,455

89,985 P115, 313 97, 855 103,702 110,597 114,493 109,733 112, 865 114,346 '117,668 *119,211 P115,313
76,987 P98, 450 78, 980 83,689 90,493 95, 330 92, 574 95, 397 97, 209 J>100,655 PIOI.953 P98, 450
12,778 P16, 573 18, 545 19, 703 19,764 18,873 16, 839 17,128 16, 787 P16.687 ^16,958 16,573
9,343 10,014 10,138
*>8, 973 8,560
7,199
8,777 P9, 052 pg, 418
8,259
8,558
, 973
220

330

310

340

290

320

340

350

56,633

55,960

4,624

4,915

5, 416

4,882

3,627

6,337

4,923

5,173

5,380

3,392

2,954

2,669

3,377

9.696
11.209

10.378
11.367

10.266
11. 446

10.146
11.120

10.146
11.120

10.146
11.120

10.146
11.120

10,146
11.120

10.426
11.120

10.443
11.120

10.933
11. 990

11. 209
12.240

11. 209
12.240

11.311
12. 240

11.160
11. 267

772
56,664
21, 823

654
59, 853
23,953

51
5,076
1,912

55
5,091
1,770

53
4,976
1,821

49
5,024
1,884

54
5,088
2,239

54
4,822
2,112

53
5,026
2,219

62
4,914
2,148

70
5,183
2,254

53
5,364
2,282

52
4,891

3,510
3,376
134
1,489
1,509

2,941
2,590
351
1,563
1,232

3,323
3,139
184
1,601
77

3,111
2,900
211
1,549
95

51
5,236
1,813
3,022
2,795
227
1,537
151

2,907
2,643
263
1,589
107

3,089
2,748
340
1,661
76

3,185
2,831
355
1,613
74

3,202
2,818
384
1,548
130

3,089
2,729
360
1,570
132

3,011
2,662
349
1,485

2,941
2,590
351
1,563
179

2,824
2,497
326
1,720
76

2,560
2,269
291
34

114

number.. Ul,858
$ per bbl._
3.41
mil. bbl._ 4,087.8
% of capacity..

11,348
3.45
4, 281. 6

1,210
3.41
351.8
85

923
3.41
335.6
84

920
3.41
355.9

1,042
3.41
355.3
89

833
3.41
368.5
89

946
3.51
369.4
89

1,065
3.51
363.4
91

792
3.51
368.1
89

3. 51
355.6

985
3. 51
375.5
91

758
3.51
377.9
91

777
3.51

953
3.56

3.77

mil. bbl._ 5, 510. 7 5, 837.3

.130

Retail dealers

do.

Exports
do
Prices, wholesale:
Screenings, indust. use, f.o.b. mine
$ persh.ton..
Domestic, large sizes, f.o.b. mine
do
COKE
Production:
Beehive
O ven (by prod net)
Petroleum coke§
Stocks, end of period:
Oven-coke plants, total
At furnace plants
At merchant plants
Petroleum coke
Exports

11,351

40.599 '43,191 '44,891 '42,286
27.600 30,088 31,470 28,800
12,620 '12,615 '12,627 '12,342
7,040
7,210 ' 7,355 '7,360

thous. sh. tons.
do. _ .
do...
do
do_,_
do...
do...
do...

*>300

11.541
11.267

PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Oklahoma)
Runs to stills
Refinery operating ratio

All oils, supply, demand, and stocks:
New supply, totaltf1
Production:
Crude petroleum
Natural-gas plnnt liquids
Imports:
Crude and unfinished oils
Refined products.

498.0

468.2

487. 9

474.0

484.5

487.5

478.3

508.5

485.1

520.7

517.6

do
..do

3,453.9
623.9

3,459.1
643.0

294.3
55.2

285.7
53.4

298. 4
54.1

287.6
52.4

294.1
54.1

294.9
54.5

284.3
52.8

294.3
55.3

283.3
53.4

54.0

284.6
52.9

do
do

658.6
774.3

856.8
878.4

67.3
81.2

63.7
65.4

69.5
65.9

65.6
68.4

71.0
65.4

69.1
69.1

74.9
66.3

82.2
76.6

72.8
75.6

87.4
89.6

88.0
92.2

26.1

-85.0

-21.8

4.3

37.8

7.2

31.8

1.9

20.9

4.4

-54.9

-53.3

464.6

454.8

487.6

459.3

503.5

523.5

574.6

571.4

Change in stocks, all oils (decrease,—)..,__-do
Demand, total
Exports:
Crude petroleum
Refined products
Domestic demand, total 9
Gasoline
Kerosene

do

Distillate fuel oil.. .
Residual fuel oil
Jet fuel
Lubricants

Asphalt

Liquefied gases

1

Stocks, end of period, total
Crude petroleum
Unfinished oils, natural gasoline, etc
Refined products
Refined petroleum products:
Gasoline (incl. aviation):
Production

Exports

Stocks, end of period

_

5,499. 4 5,929. 6

519.9

462.2

454. 2

do
.5
.2
do
81.3
81.3
do
5,417. 6 5, 848.1
do..." 2, 213.2 2,350.4
_.do
85.9
90.9
do
971.3 1,066. 0
do
925.6
838.0
do.
382.5
368.7
do
49.3
52.8
Illdo"
158.5
163.8
do..
456.8
515.3

0
9.0
510.9
200.4
8.8

.2
7.2
454.9
190. 0
5.3

0
6.2
448.1
201. 2
4.4

0
6.3
458.3
206.1
3.5

0
6.4
448.4
208.3
2.9

0
7.2
480.4
216.6
5.3

0
6.9
452.4
194.9
5.9

0
7.3
496.2
198.5
7.4

0
7.4
516.1
195.5
8.6

0
7.5
567.1
198.8
11.4

0
6.5
564.9
190.9
12.6

107.8
83.2
31.2

83.3
73.3
29.6

69.8
65.4
31.0

65.8
65.9
34.9

54.8
65.4
31.0

64.0
70.1
29.3

66.2
67.1
31.0

85.5
7i2
36.3

101.5
85.3
31.5

131.2
97.6
31.9

128.2
101.1
34.4

4.6
7.5
43.5

4.6
10.1
35.0

4.5
15.7
30.5

4.3
19.2
33.1

4.8
20.0
34.4

4.7
24.2
38.2

4.3
19.7
37.0

4.6
17.6
46.9

4.6
11.1
52.6

3.9
6.8
60.0

4.6
5.6
61.8

942.3
258.9
109.8
573.6

946.6
266.6
113.6
566.4

984. 4
991. 6 1,023.4 1,025.3 1, 046. 2
250.8
258.0
279.5 271.4 265.8
113.1
111. 9
116.3 I 120.4 116.0
682.3
655.4
588. 6
599. 8 641.6

,050.6 1,013.9
253. 7
251.3
110.2
107.5
655.1

959.0
246.4
100.8
611.7

905.7
237.5
94.0
574.3

184.9
.1
241.2

176.8
.1
229.5

188.6
.1
219. 2

189.1
.1
204.3

206.7
.1
204.7

200.7

197.9

.120

.120

do_
do
do
do

1,043.9
259.6
106.8
677.5

do

2, 202.6 2,320. 0
1.6
1.0
223.8
217.1

I-"""IIIIIdoI!
do.

959.0
246.4
100.8
611.7

Prices (excl. aviation):
Wholesale, ref. (Okla., group 3).__$ per gal..
.120
.119
.115
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal..252
.245
.238
Aviation gasoline:
Production
mil. bbL
18.5
17.0
1.2
.1
Exports
do...
1.2
.5
4.0
Stocks, end of period
do
4.4
43
Kerosene:
7.1
Production
do....
87. 5
80.1
15.7
Stocks, end of period
do
24 4
19 1
Price, wholesale, bulk lots (N.Y. Harbor)
.127
$ per gal. _ I
.126
.127
' Revised.
v Preliminary.
1
Less than 50 thousand barrels.
2 Reflects revisions not available by months.
3
Revised data for Jan. and Feb.: 44,400 and 43,458 respectively.
4
Revised data for Feb.: 13,390.




.120

206.2

199.8
.1
203.7

204.6

196.8

211.7

213.2

217.1

.120

.120

.120

.120

.120

.120

.120

.125

.130

.254

.250

.252

.253

.248

.259

.263

1.7

1.2

1.0

0)

1.5

3.8

1.4
(l)
3.8

3.8

4.1

4.3

5.9
22.1

6.7
22.9

6.4
22.0

7.8
21.4

9.0
19.1

0)

.228

.236

.240

.235

.261

1.4

1.3
.1
3.7

5.9
16.4

5.2
17.1

1.4
.1
3.9
5.0
18.6

1.6

4.0

1.5
(l)
4.1

.127

.127

0)

5.7
21.5

0)

.2

194.9
(i)

0)

0)

0)

0)
226.0

0)

4.0

9.5
16.0

.138
.138
.127
.127
.138 I
.127
.127
.127
.127
.127
.127
c? Includes small amounts of "other hydrocarbons and hydrogen refinery input," not
shown separately.
9 Includes data not shown separately.
§ Includes nonmark^table catalyst coke.

S-36

May 1973

SURVEY OF CURRENT BUSINESS
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1

1972

Annual

1973

1972
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

81.7
6.8
(2)
182.6

91.2
11.8
.2
154.3

94.0
11.2
.3
131.0

Feb.

Mar.

Apr.

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Continued
Refined petroleum products—Continued
Distillate fuel oil:
Production
mil. bbL
Imports
do...
Exports
do...
Stocks, end of period
do...
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gal.
Residual fuel oil:
Production
mil. bbl.
Imports
do
Exports
do
Stocks, end of period
do..Price, wholesale (Okla., No. 6)
..$ per bbL
Jet fuel:
Production
Stocks, end of period

mil. bbl.
do._.

98.3

80.3
4.1
.1
112.9

78.8
2.9
.1
128.8

78.5
3.1
.1
155.6

.117

.117

.117

.117

25.7
59.7
1.8
51.6
2.35

22.2
50.3
1.5
49.4
2.35

20.6
48.8
.6
53.0
2.35

19.8
49.5
.6
56.1
2.35

20.9
49.4
1.1
60.2
2.35

310.0
25.5

28.1
27.1

26.3
27.6

27.5
28.9

25.8
28.4

27.1
29.4

65.5
15.8
15.0

65.3
15.0
13.3

5.4
1.5
14.4

5.2
1.3
13.7

5.7
1.1
13.7

5.6
1.1
13.9

.270

«.270

.270

.270

912.1
55.8
2.8
190.6

963.6
66.4
1.2
154.3

.1
101.8

.116

.117

.117

274.7
577.7
13.2
59.7
2.37

292.5
637.4
12.1
55.2
2.35

304.7
27.7

79.6
7.8

74.4
5.7
.2

80.2
2.9
(2)
174.7

78.8
3.0
.1
190.3

84.5
6.3
(2)
195.6

.117

.117

.117

.117

.117

.117

.128

.128

.128

20.9
51.2
1.2
61.4
2.35

21.3
48.7

26.7
53.1

63.7
2.35

23.1
51.3
1.5
63.8
2.35

57.7
2.35

34.9
61.0
1.0
55.2
2.35

34.5
61.3
1.0
49.2
2.35

2.35

2.35

2.60

26.0
31.6

24.3
30.6

25.5
28.6

24.0
26.6

25.1
25.5

26.8
24.8

5.4
1.1
13.4

5.8
1.2
13.3

5.3
1.1
13.3

5.6
1.2
13.2

5.4
1.4
12.9

5.5
1.4
13.3

5.7
1.2
13.4

.9

.9

Lubricants:
Production
do
Exports
do
Stocks, end of period
do
Price, wholesale, bright stock (midcontinent,
f.o.b., Tulsa)
$ per galAsphalt:
Production
mil. bbl.
Stocks, end of period
do
Liquefied gases (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

157.0
21.2

155.3
21.6

10.0
29.2

11.4
31.0

14.9
31.0

16.0
28.6

17.1
26.4

17.5
20.7

16.6
18.8

15.1
17.2

11.4
18.4

9.1
21.6

7.9
24.3

547.9
417.6
130.2
94.7

575.1
444.7
130.4
85.7

49.5

47.8
36.9
10.8
80.0

48.5
37.2
11.3
92.7

46.4
35.6
10.8
101.2

48.4
36.8
11.5
109.8

48.4
37.0
11.4
114.9

46.8
36.0
10.8
119.4

49.1
38.4
10.7
115.5

47.7
37.6
10.1
103.2

49.0
38.2
10.8
85.7

48.6
37.4
11.2
69.2

Asphalt and tar products, shipments:
Asphalt roofing, total
thous. squares.
Roll roofing and cap sheet
do
Shingles, all types
do

93,365
35,684
57,682

5,294
5,609
5,165

5,458
5,905
4,701

5,693
5,707
4,734

1,008
'608

945
571

Asphalt siding
Insulated siding
Saturated felts

do
do
thous. sh. tons..

11.2
72.7

374
899

PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD A N D WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks, end of period
Waste paper:
Consumption
Stocks, end of period

thous. cords (128 cu. ft.)_
do-_.
do...

67,220
67,501
5,371

67,680
69,170
5,165

5,815
5,790
4,797

5,449
5,655
4,578

5,457
5,732
4,305

thous. sh. tons.
do._.

10,997
558

11.269
626

974
506

914
504

526

6,042
6,079
5,504

5,706
5,742
5,481

6,031
5,927
5,651

5,795
5,615
5,779

5,944
6,084
5,697

5,597
5,852
5,453

967

840
547

1,000
566

931
564

1,010
585

971
604

3,942
142
2,665
182

3,766
126
2,569
152

3,991
138
2,685
183

133
2,468
185

4,123
144
2,788
200

3,876
143
2,600
178

3,662
129
2,468
165

4,054
145
2,748
186

3,743
129
2,536
173

256
350

241
332

359
236
325

390
256
337

346
216
320

380
266
345

376
255
325

355
229
317

375
255
343

351
249
305

323

••797
357
••370

786
350
373
64

WOODPULP
Production:
Total, all grades
thous.
Dissolving and special alpha
Sulfate
Sulfite
,

sh. tons.
do...
dO-_.
do-_-

43,933
1,671
29,551
2,101

46,341
1,676
31,255
2,129

3,778
151
2,695
189

3,893
147
2,594
181

4,013
135
2,688
189

Groundwood
Defibrated or exploded
Soda, semichem., screenings, etc

do..
do..
do..

4,462
2,405
3,743

4,617
2,720
3,943

0)

398

379
254

393

do..
do..
do_.
do..

1,093
623
398
71

803
323

1,003
544
393
67

548
362
75

954
492
385
78

943
477
392
74

907
432
402
73

914
430
411
73

866
392
402
73

862
399
388
75

839
371
390
78

1

2,175

1

1,385

» 2,253
793
1
1,460

171
59
113

184
66
119

217
68
150

176
62
114

186
69
116

175
67
108

196
72
125

195
72
123

229
73
155

150
51
99

174
70
104

187
61
126

198
74
121

i 3,515
313
13,202

13,728
224
13,504

340
24

325
26
300

290
24
266

309
16
293

271
6
265

310
21
331

22
342

16
319

346
17
363

278
8
271

394
18
376

338
11
327

359
6
353

55,032
23,817
26,103
137
4,975

59,310
25,320
28,637
136
5,217

5,222
2,230
2,519
12
460

4,828
2,055
2,320
11
442

5,203
2,194
2,548
12
449

5,023
2,127
2,436
12
448

4,613
1,926
2,255
11
421

5,232
2,205
2,532
12
483

4,734
2,003
2,285
12
434

5,258
2,227
2,552
11
467

5,065
2,178
2,449
11
428

4,612
2,039
2,171
10
392

5,149
2,226
2,485
r
12
••425

4,874
2,078
2,347
11
437

110.6
102.4
103.0

109.0
105.5
106.4

109.2
103.6
105.6

108.5
105.6
106.1

108,5
105.8
106.5

108.5
106.0
106.6

108.8
106.0
106.8

108.8
106.0
107.2

108.8
106.5
107.3

109.6
106.8
107.3

109.6
106.8
107.2

109.6
107.1
107.2

109.6
108.2
107.1

109.6
109.7
108.1

Stocks, end of period:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills
Exports, all grades, total
Dissolving and special alpha
All other

do
do
do

Imports, all grades, total
Dissolving and special alpha
All other

do_
do.
do

790

345

PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, unadjusted.,.thous. sh. tons.
Paper
do-..
Paperboard
do
Wet-machine board
do
Construction paper and board
do...
Wholesale price indexes:
Book paper, A grade
1967 = 100..
Paperboard
_
do
Building paper and board
I_""I"I"dol"'

•"Revised.
'Reported annual total; revisions not allocated to the months.




2
3

Less than 50 thousand barrels.
4
Series discontinued.
Data not available.

8

111.0
110.7
108.5

Average for May and June.

111.7
113.0
109.3

SURVEY OF CURRENT BUSINESS

May 1973
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are a s shown
In the 1971 edition of BUSINESS STATISTICS

1972

Annual

]PULP.

S-37

1972
Mar.

Apr.

May

June

July

1973
Aug.

Sept.

Nov.

Oct.

Dec.

Jan.

Feb.

Mar.

Apr.

PAPER, AND PAPER PRODUCTS—Continued

PAPER AND PAPER PRODUCTS—Con.
Selected types of paper (APT):
Groundwood paper, uncoated:
Orders new
thous. sh. tons
Orders unfilled, end of period
do
Shioments
do
Coated paper:
Orders new
. _.
do
Orders, unfilled, end of period
do
Shipments
- - - --do
Book paper, uncoated:
Orders, new
_
do
Shipments
- --do
Writing and related papers:
Orders, new
do
Shipments
- ..do
Unbleached kraft packaging and industrial converting papers:
Orders new
- do
Orders unfilled, end of period
do.. .
Shipments
do
Tissue paper production
. do
Newsprint:
Canada:
Production
_
Shipments from mills
Stocks at mills end of period

1,216
80
1,229

1,405
164
1,317

114
92
104

106
90
102

126
106
114

108
96
113

108
99
107

125
108
118

121
117
113

133
131
120

134
154
115

118
164
107

3,255
287
3,251

3,630
393
3,522

310
264
305

278
255
284

289
276
286

306
284
275

287
322
272

316
345
315

325
365
299

335
374
321

310
372
314

298
393
291

2,643
2,567

2,885
2,782

262
243

233
230

250
239

236
234

223
216

254

235

237
232

262
245

252
240

238
231

r

2,936
2,955

3,204
3,241

290
279

256
257

287
278

269
275

223
244

247
283

282
275

292
295

284
288

270
272

r

3,868
156
3,755
3,750

4,039
241
3,916
3,897

357
175
346
341

317
157
314
330

356
179
335
337

339
189
326
321

301
164
309
292

346
176
333

318
189
303

368
204
337
345

342
218
339

324
241
326

330

308

do.—
do
do

8,297
8,210
323

8,661
8,740
244

685
673
501

723
727
498

735
725
508

733
753
488

699
711
475

750

735

do
do
do.—

3,296
3,288
41

3,422
3,437
27

290
288
68

283
275
76

303
305
74

283
287
70

275
273
72

68

Consumption by publishersd"
do
Stocks at and in transit to publishers, end of
period
thous. sh. tons

7,057

7,569

642

638

663

613

583

605

625

701

698

705

544

664

647

617

610

618

627

617

583

539

Imports
_ .._
do . .
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
- - —$ per sh. ton

6,881

7,101

550

590

609

611

625

553

562

615

640

157.00

163.20

163.70

163.70

163.70

163.70

163. 70

163.70

163.70

163. 70

474
917
501

578
1,446
549

583
1,087
559

574
1,199
552

596
1,280
573

590
1,332
562

519
1,399
520

556
1,397
563

643
1,420
533

191,832

211,596

18,358

16,579

17,676

18,939

15,427

15,858

thous. sh. tons.. 2,445. 0

2,525.0
1,330.0

218.3

202.7
105.2

211.4
109.7

214.9
112.6

183.0
95.9

221.5
117.4

.

United States:
Production
Shipments from mills
Stocks at mills, end of period

Paperboard (American Paper Institute):
Orders, new (weekly avg.)
thous. sh. tons_.
Orders, unfilled §.
do
Production, total (weekly avg.)
do.
Paper products:
Shipping containers, corrugated and solid fiber,
shipments.
mil. sq. ft. surf, area
Folding paper boxes

1,250. 0

H3.6

126
174
115

102
188
99

•-332
••379

348
445
305

r

317
263
257

261
232

•"302
300

285
276

303
213
318
330

316
212
313
313

767
729
283

722
730
274

811
788
297

297
293
31

275
271
35

312
310
36

661

610

585

671

544

573

601

637

650

710

578

679

163.70

163.70

163.70

166.70

167.75

168.58

589
1,505
575

568
1,481
573

741
1,446
537

526
1 599
495

611
1,664
576

629
1,792
592

611
1,905
584

21,482

19,721

18,643

17,158

17,990

17,530

20,434

216.2
115.2

230.7
123.6

208.7
111.5

219.1
118.2

54.08
109.47
39.30

58.47
109.59
54.73

52.57
112.30
55.32

62.88
116.72
56.04

57.67

t8.09

.205

.210

.228

.255

23.65

22.20

314

330

694

734

784

721
489

407

294

260

298

277

303

51

41

775

832

796

r

804

359

313

244

293

293

278

286
35

27

r

207. 2 * 197. 3
' 112. 0 ' 107.4

219.5
119.9

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. lg. t o n s Stocks, end of period
do
Imports, incl. latex and guayule
do

677.81
133.32
612.72

Price, wholesale, smoked sheets (N.Y.)..$ per lb_.

.180

Synthetic rubber:
Production
Consumption
Stocks, end of period

,.._

*64Q. 40
72
602.16

59.12
133. 22
63.95

51.91
129.71
47.62

54.06
117.04
49.79

53.23
109.09
36.43

40.86
102.86
38.67

55.25
112.25
50.65

.181

.170

.165

.169

.173

.175

.175

.180

.194

thous. lg. tons.. 2,241.00 »2,424. 7
do
2,104.87 P2, 291. 5
do
488.17 ^ *495. 7

210.13
201.39
480.11

208.74
189.72
492.71

210.74
196.96
491.34

191.01
197.67
485.05

195.51
152.09
519.24

202.74
191.90
512.64

200.44
195.26
515.46

211.64
210.19
504.39

Exports (Bu. of Census)
Reclaimed rubber:
Production
Consumption
Stocks, end of period

I

P116.

59.44

.308

201.65 199.14
193. 96 193. 45
495.66 495.68

do

269.82

257.10

20.02

16.75

19.99

18.14

20.06

22.10

16.47

24.04

21.92

23.99

do
do
doIIII

199.19
200.47
22.67

*>194. 45
J>187.58
P19. 91

19.24
17.96
21.98

17.78
16.04
22.60

18.54
16.49
26.25

16.99
15.87
23.13

11.28
11.81
21.72

15.87
15.12
20.74

15.48
15.35
19.87

16.41
16.44
19.17

14. 87
14.45
19. 29

15. 20
14.71
19.91

22.99

TIRES AND TUBES
Pneumatic casings, automotive:
Production
Shipments, total.
Original equipment
Replacement equipment
Exports. _.
Stocks, end of period
Exports (Bu. of Census)
Inner tubes, automotive:
Production
Shipments
Stocks, end of period
Exports (Bu. of Census)
f

.thous.. 216,361

229,611

20,597

19,009

19, 725

20,270

14,765

18,608

19,352

20,999

18,721

19,387

21,001

19,993

do
do
do
do

214,539
58,941
153,646
1,953

227,965
63,870
161,766
2,328

20,317
6,019
14,130
167

21,668
5,601
15,905
162

21, 215
5,957
15,092
166

21,277
5,349
15, 685
243

16,209
2,946
13,073
191

19,628
4,685
14,781
162

21,339
5,793
15,308
238

21,840
6,201
15,415
224

17,647
5,922
11,564
161

15,677
5,178
10,263
236

17,769
6,513
11,005
251

17,780
6,054
11,521
204

do
do

54,982
1,589

60,255
2,127

63,255
160

60,918
150

59,753
167

58,836
215

57,836
180

56,894
225

54,965
161

55,769
211

56,319
180

60,255
214

236

66,419
131

310

do
dollII
do
do

35, 562
40,476
8,271
979

38,705
41,774
9,391
766

3,749
4,041
9,056
74

3,339
3,507
9,262
82

3,496
3,544
9,494
61

3,367
3,697
9,813
68

2,441
2,986
9,481
36

3,282
3,615
9,482
65

3,227
3,498
9,363
28

3,323
3,878
9,144
63

3,166
3,392
9,168
40

2,950
2,977
9,391
68

3,425
3,804
9,605
61

3,564
3,616
9,896
66

71

Revised.
» Preliminary.
cTAs reported by publishers accounting for about 75 percent of total newsprint consumption.




§ Monthly data are averages for the 4-week period ending on Saturday nearest the end of the
month; annual data are as of Dec. 31.

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of B U S I N E S S S T A T I S T I C S

1

OF UUKJ

JSUK

S-38

Annual

1973

1972

1972

1971

May 1973

BU!SUNK

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

33,197

24,112

23,915

24,824

33,606

699.0
6.1

569.5
5.2
101.3

" 616.8
5.1
99.5

608.6
5.9

8.4

8.2

Apr.

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments, finished cement

.thous. bbl..

CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil. standard brickStructural tile, except facing
thous. sh. tons..
Sewer pipe and fittings, vitrified
do
Facing tile (hollow),glazed and unglazed
mil. brick equivalent._
Floor and wall tile and accessories, glazed and unglazed.mil. sq. ft_.
Price index, brick (common), f.o.b. plant or
N.Y. dock
1967 = 100.GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments

1

440,064

32,229

34,612

42,234

45,043

42,335

50,447

7,569.7
157.0

8,397. 2
100.5

742.1

9.4

701.3
8.0

808.3
10.6

784.6
11.0
162.4

727.5
8.4

835.9
8.1
177.6

724.8
7.0
162.0

751.5
7.2
158.2

1,720.6

1,718.0

144.1

144.0

160.4

12.2

12.4

133.3

10.8

10.5

13.1

155.4

12.0

276.1

307.9

28.1

25.0

27.7

1420,238

11.0
28.4
24.4
122.1

122.1

121.4

122.0

136.9

152.3
13.2

117.4

44,436 46,048

122.1

122.1

96.1

11.6

29.0

25.9

27.5

122.1

122.1

123.7

«8.4
21.3

'24.4

124.5

127.4

24.3

22.2

124.1

129.1

130.1

thous. $_.

464,674

550,485 131,969

131,685

138,099

148,732

Sheet (window) glass, shipments
do
Plate and other flat glass, shipments
do
Glass containers:
Production
thous. gross..

150,344
314,330

157,222
393,263

40, 821
91,148

40,235
91,450

38,427
99, 672

37,739
110,993

263,780

269,586

23, 239

21,903

23,350

24, 704

23,082

24,968

21,356

24,509

21, 276

18,935

22,253

22,320

24, 885

Shipments, domestic, total
do
Narrow-neck containers:
Food
do
Beverage
.do
Beer...
do
Liquor and wine
do
Wide-mouth containers:
Food (incl. packer's tumblers, jelly glasses,
and fruit jars)
thous. gross..
Dairy products
..do

255,261

264,611

26, 081

19,288

23,650

24,420

21,518

25,233

22,145

22,119

20, 754

20,058

21,281

19,537

22,476

24.310
67, 552
53,189
21,146

24,321
70,953
54,404
22,341

2,469
7,178
4,923
2,111

1,837
5,119
4,551
1,679

2,091
6,999
5,016
1,961

2,021
6,904
5,731
2,021

1,850
6,294
5,070
1,460

2,638
6,859
5,266
1,870

2,510
5,557
4,540
1,806

1,766
5,257
4,436
2,132

1,645
5,201
3,903
2,052

1,475
5,558
4,013
1,837

1,876
r
5,236
'4,217
r
1,865

1,983
4,756
3,902
1,652

2,286
5,896
5,265
2,107

57,208
305

58, 241
238

5, 873
22

3,799
12

4,803
21

4,870
19

5,505
23

4,877
22

5,426
26

4,892
21

4,359
21

5,006
20

4,378
14

4,642
14

27,645
3,906

29,892
4,221

3,066
439

1,982
309

2,419
340

2,492
362

1,963
301

2,680
392

2,485
348

2,683
393

2,692
348

2,492
303

• 2,694
••367

2,496
356

2,875
391

35,652

35,842

34,66G

37,141

36,487

36,377

37,406

36,604 35, 470 37,474

37,424

35,842 ' 36,705

39,208

40,373

10,437
10,224

12,368
11,984

2,719
2,854

3,149
2,996

3,229
3,115

3,270
3,020

6,262

7,718

1,639

1,905

2,179

1,995

863

1,301

1,353

1,202

73

80

82
140
3,782
118
96
91

71
124
3,657
102
92
82
2,733
587
60

Narrow-neck and Wide-mouth containers:
Medicinal and toilet...
do.
Household and industrial
do.
Stocks, end of period
do.
GYPSUM AND PRODUCTS (QTRLY)
Production:
Crude gypsum
thous. sh. tons.
Calcined
do...
Imports, crude gypsum
do.
Sales of gypsum products:
Uncalcined
do
Calcined:
Industrial plasters
do.,.
Building plasters:
Regular basecoat
_.,do...
All other (incl. Keene's cement)
..do
Board products, total©
mil. sq. ft.
Lath
,
_do___
Veneer base
do
Gypsum sheathing.
.do...
Regular gypsum board..
•_
.do...
Type X gypsum board.
do...
Predecorated wallboard..
do...

70
91
126
3,584
114
90
93
2,668
571

122
3,349
118
79
77
2,512
525
39

2,824
596
57

r

130.8

TEXTILE PRODUCTS
WOVEN FABRICS t
Woven fabrics (gray goods), weaving mills:
Production, total9..
mil. linear yd._
Cotton
do
Manmade
fiber
do
Stocks, total, end of period 9 d*
do_._
Cotton
_
__do
Manmade
fiber
"~_-do~~~.
Orders, unfilled, total, end of period9 1f.__do
Cotton
do
Manmade
fiber
I doIIII

10,911
6,156
4,647
1 ,089
472
2,657
1,494
1,138

11,151
5,740
5,315

21,090
2 586
2 495

460
393

466
412

21,098
2 578
2 511

697
340
350

408
567

1,074
475
589

1,044
470
563

1,034
454
571

1,054
456
588

1,055
464
581

1,051
453
590

1,021
424
590

4,164
2,111
2,010

3,107
1,778
1,303

3,181
1,760
1,396

3,371
1,924
1,419

3,396
1,902
1,467

3,380
1,848
1,504

3,371
1,837
1,497

3,460
1,844
1,580

COTTON
Cottun (excluding linters):
Production:
GinningsA
thous. running bales.. 310,229 413,267
Crop estimate, 480-pound bales, net weight
thous. bales 310,477 * 13,702
Consumption
_.do
620
627
8,128
7,777
Stocks in the United States, total, end of period
thous. bales.. 10,054 12,333 6,475 5,555 4,597
10,035
12,319 6,449 5,526 4,573
Domestic cotton, total
do
377
3,346
602
161
On farms and in transit
d o . . " 2,389
6,416
7,947 4,047 3,253 2,572
Public storage and compresses
do
1,896
1,230
1,800
1,840
1,026
Consuming establishments-..
_._do
29
26
24
19
14
Foreign cotton, total
do...
r
Revised.
1
Reported
annual
total;
revisions
not allocated to the months4 or quarter.
2
Data cover 5 weeks; other months, 4 weeks. 3 Crop for the year 1971.
Crop for the
year 1972. « Excludes unglazed and salt glazed facing tile formerly included.
©Data
for total board products are available back to 1947.
% Monthly revisions (1968-71), reflecting
recent benchmark adjustments, appear in "Woven Fabrics: Production, Stocks, and Unfilled
Orders,
M22A—Supplement (Dec. 1972), Bureau of the Census.
9 Includes data not

shown separately.


845 2 1,040
424
2 528
2 504
414

40

867 21,171
431
2 581
429
2 581

867
421
436

2 1.170
*561
2 596

418
555

973
416
550

983
408
567

951
407
539

3,653
1,944
1,680

3,986
2,100
1,854

4,164
2,111
2,010

4,227
2,140
2,037

6,850

9,310

11,610

12, 276 •<13,267

2772

493

587

2 715

593

2 739

544

2747

3,808
3,785
119
1,997
1,669
23

3,304

16,050
16,030
13,338
1,472
1,220
20

15,364
15,345
12,333
2,018
994
19

14,997
14,979
8,490
5,601
888
18

13,696
13,680
5, 73!)
6, 992
949
16

12,333
12,319
3,346
7,947
1,026
14

19,890
10,874
2, 420
7,321
1,133
16

3,280
150
1,607
1,523
24

•<13,702
'597
• 9, 883
• 9, 866
2, 0 U
• 6, 527
• 1,298
17

601
8,781
8,766
1,895
5, 465
1,406
15

cfStocks (owned by weaving mills and billed and held for others) exclude bedsheeting,
towelinsr, and blanketing, and billed and held stocks of denims.
^[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.

SURVEY OF CURRENT BUSINESS

May 1973
1971

Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are as shown
in the 1971 edition of BUSINESS STATISTICS

1973

1972

1972

Annual

S-39

Mar.

Apr.

May-

June

July

Sept.

Aug.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

TEXTILE PRODUCTS—Continued
COTTON-Continued
Cotton (excluding linters)—Continued
Exports
_
thous. bales.
Im ports
do__-

• 4,128
38

Price (farm), American upland ©..cents per lb_
Price, middling 1", avg. 12 markets©
do..

128.1
131.5

COTTON MANUFACTURES
Spindle activity (cotton system spindles):
Active spindles, last working day, total
mil.
Consuming 100 percent cotton
do...
Spindle hours operated, all fibers, total
bil.
Average per working day
_.-do._Consuming 100 percent cotton
do

18.4
11.4
113.8
.438
70.3

275

163
4

27.6
33.8

30.8
35.2

31.7
35.6

18.3
10.4
115.9
.445
67.7

18.3
11.0
2 11.5

18.3
10.9
9.2
.458
5.5

18.3
10.9

1.105

1.107

1.115

6,147

5,647

1,511

16.9

22.7

17.1

1.061

Cotton yarn, price, 36/2, combed, knit
$ per lb.
Cotton cloth:
Cotton broad woven goods over 12" in width:
Production (qtrly.)
mil. lin. ydOrders, unfilled, end of period, as compared with
avg. weekly production
No. weeks' prodInventories, end of period, as compared with
nvg. weekly production--No. weeks' prodRatio of stocks to unfilled orders (at cotton
mills), end of periodf-Exports, raw cotton equiv..
thous. bales.
Imports, raw cotton equiv
do...
Mill margins:
Carded yarn cloth average
cents per lb-_
Prices, wholesale:
Print cloth, 38^-inch, 64 x 54d"cents per yard. .
Sheeting, class B, 40-inch, 48 x 44-48o".do

437
5

75

7

4.5

4.1

.27

8

.18

.460
2 6.9

4.1
.24

30.5
33.0

30.6
31.1

18.3
10.8
7.4
.371
4.3

18.2
10.7

.466
5.5

18.4
10.9
2 11.5
.460
2 6.8

1.121

1.123

1.123

1.121

4.1
.23

17.7

Prices, manmade fibers, f.o.b. producing plant:
Staple: Polyester, 1.5 denier
$perlb..
Yarn: Rayon (viscose), 150 denier
do
Acrylic (spun), knitting, 2/20, 3-6D..do_...
Manmade fiber and silk broad woven fabrics:
Production (qtrly.). totnl 9
mil. lin. yd-Filament yarn'(100%) fabrics 9
do
Chiefly rayon and/or acetate fabrics
do
Chiefly nylon fabrics
do
Spun yarn (100%) fab., exc. blanketing 9 ..do
Rayon nnd/or acetate fabrics and blends
do
Polyester blends with cotton
do
Filament and spun yarn fabrics (combinations
and mixtures).
mil. lin. y d . . .

3.9

.22

.22

352
2

534

654
4

528
3

677
3

24.4
26.8

25.6
24.9

27.2
26.0

25.6
27.7

22.1
30.0

23.6
31.4

26.2
32.9

18.2
10.5
2 11.0
.438
2 6.3

18.2
10.5
9.1
.455
5.2

18.4
10.5
2 11.5
.460
2 6.4

18.3
10.4
8.3
.416
4.7

18.4
10.4
2 11.6
.463
2 6.4

'18.1
M0. 2
'9.3
'.464
'5.2

18.1
10.1
9.3
.465
5.1

1.103

1.105

1.107

1.127

1.147

1.117

< 1.107

1,277
24.8
5.6
.23

18.6

18.8

1,384
19.3

4.0
.22

.20

.20

20.5

22.7

22.0

22.6

23.2

3.8

4.1

3.8

3.6

3.2

.18

.18

.17

.16

.14

30.7
46.4

38.3
59.4

312.6
669.5

409.4
735.5

37.7
58.5

32.3
69.1

33.8
55.5

35.8
71.4

29.7
53.1

34.2
67.9

31.3
51.7

39.0
64.6

34.1
63.6

36.0
46.0

32.3
68.0

45.10

52.12

46.26

45.38

47.29

50.10

52.12

53.81

58.64

61.65

60.52

59.10

56.91

57.27

59.28

18.3

18.3

*18.3
<25.0

18.3
25.0

18.3
25.5

19.5
28.0

19.5
28.5

14,122
23,831

14, 205
27,654

18,196
25,082

26,738
12,604

22,097
14,929

22,692
14,504

*.61
1.05
1.25

.61
1.02
1.26

.61
1.02
1.28

4.2

2 12.6
2 5.9
7.7
4.3

'9.9
'5.1
7.2
4.7

9.6
4.2
5.7
3.1

15.8
22.2

8

18.1
25.0

18.0
24.0

18.0
24.0

18.3

18.3
24.0

18.3

18.3

,831.9
170.9
185.1

1,826.6
148.1
174.8

, 919. 5
155.0
174.3

679.6
655.5
140.8

716.0
644.0
143.7

765.4
673.3
151.5

130,511
181,612

117,405
205,485

9,500
20, 279

9,311
13,177

9,558
17,506

8,501
17,312

8,194
17,351

10,533
15,713

8,429
14,625

10,034
18f979

10,054
17,810

249,819
175,306

249,948
157,857

20,387
10, 985

13,172
11,980

17,173
13,952

18,358
13, 577

21,484
13,114

26,279
16,771

23,089
13,307

24,938
14,622

28,804
13,527

65.2
40.7

61.6
61.5

61.5
33.0

64.7
36.4

63.7
51.9

61.6
61.5

297.6
252.9
89.7

293.7
298.1
82.5

280.1
267.8
86.2

270.8
280.3
78.7

297.4
304.1
81.7

293.7
298.1
82.5
.62
1.04
1.24

13,463
22, 212
20,452
13, 575

.62

.61

.62

.62

.62

.62

.62

.62

.62

.62

1.26

1.03
1.22

1.01
1.18

1.01
1.20

1.03
1.22

1.03
1.24

1.03
1.24

1.03
1.24

1.04
1.24

5,530.9

343.0
421.3
139.9
86.9
723.7

, 384. 2
438.4
126.2
97.2
758.4

1,335.6
410.4

115.6
94.8
741.2

1,468.1
452.9
124.5
98.2
839.4

106.7
544.0

105.7
535.5

112.5
602.6

127.6

130.7

120.0

4, 885.6
1,433.1
521.1
296.1
2, 773.9

3,0b2.7

381.8
1, 998.5

428.2
2,190.1

450.5

515.5

103.3
508.0
137.2

1, 723. 0
506.2
377.1

WOOL
Wool consumption, mill (clean basis):
Apparel class
Carpet class
Wool imports, clean yield
Duty-free (carpet class)

mil. lb..
do
do
do

116.2
74.8
126.6
83.9

142.2
76.4
96.6
71.8

2 14.6
2 7.6
7.2
5.4

11.8
6.1
11.8
8.1

12.6
6.3
8.6
7.0

Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, H blood
Australian, 64s, warp and half-warp

$perlb_.
do
do

.664
.656

1.157
.925
1.321

.708
.577
1.001

.944
.696
1.095

1.130
.895
1.133

WOOL MANUFACTURES
Knitting yarn, worsted, 2/?os-50s/fi6s, American
92.6
105.0
90.2
system, wholesale price
1967 = 100..
94.4
106.3
Wool broadwoven goods, exc. felts:
25.6
Production (qtrly.)
mil. lin. yd_.
102.2
113.3
Price (wholesale), suiting, flannel, men's and
boys', f.o.b. mill
1967=100..
2
3
' Revised.
i Season average.
For 5 weeks; other months,
4 weeks.
Less than 500
s
bales.
* Price not directly comparable with earlier data.
Revised total; revisions not
distributed
by
months.
6
Beginning
Aug.
1971,
net
weight
basis;
1971
average
is for Aug.7
8
Dec.
Avg. for Oct.-Dec.
Avg. for Nov.-Dec.
O Beginning Aug. 1971, prices are
rt
n 480-lb. net-weight bale basis (for earlier months, on 500-lb. gross-weight bale basis); to




18.0

3.9

MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly. total
mil. lb_. 6,125.4 7,292.6 ., 714. 6
752.7
Filament yarn (rayon and acetate)..
do
653.1
179.1
611.7
Staple, incl. tow (rayon)
do
713.2
179.0
Noncellulosic, except textile glass:
2,187. 9 2,773.3
Yarn and monofilaments
do
612.3
2,104. 9 2, 582.4
Staple, incl. tow
do
609.6
468.2
Textile glass
fiber
do
134.6
570.6
Exports: Yams and monofilaments
thous. lbStaple, tow, and tops
do__Imports: Yarns and monofilaments
do-._
Staple, tow, and tops
do...
Stocks, producers', end of period:
Filament yarn (rayon and acetate)
mil. lb.
Staple, incl. tow (rayon)
do
Noncellulosic fiber, except textile glass:
Yarn and monofilaments
do...
Staple, incl. tow
do...
Textile glass
fiber
do...

.444
5.1

1,475
17.8

191

110
5

147
8
31.3
34.3

3

10.9
6.0
5.8
4.4

1.05
1.22

2 12.5
2 6.5
6.7
4.2

1.05
1.25

9.2
4.5
5.7

8.0

12.6
5.8
10.7
7.8

2 13.6
2 7.3
6.2
4.6

1.270

1.270
1.025
1.230

1.275
1.025
1.289

1.350
1.043
1.500

1.455
1.165
1.672

1.635
1.310
1.771

1.650
1.325
1.975

1.880
1.545
2.523

2.325
1.819
3.118

3.025
2.075
3.968

107.8

108.2

111.5

113.4

122.7

119.9

126.4

135.7

143.1

176.6

15. 5
2 7.3

9.0
4.2

4.3

1.200
.962

27.7

22. 2

26.6

compute comparable prices for earlier months, multiply farm price by 1.04167 and market
price by 1.0438.
t Effective with the Oct. 1972 SURVEY, series restated on an unadjusted
basis.
9 Includes data not shown separately.
d* Effective Nov. 1972, specifications were changed: Print cloth, to 64x56; sheeting, to 47x44.

SUR VEY OF UUKJSEN]

S-40
Unless otherwise stated in footnotes below, data
through 1970 and descriptive notes are a s shown
in the 1971 edition of B U S I N E S S S T A T I S T I C S

1971

1972

Annual

M a j r 1973

SINE
1973

1972

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

14,420

15,757

16,246

20,378

1,418
14,723
1,244
402

1,392
17,089
1,485
756

1,332
18,744
1,589

277.1
3,912
114.7

393.7
5,344
182.5

Apr.

TEXTILE PRODUCTS—Continued
APPAREL
Hosiery, shipments
thous. doz. palrs.. 210,872
Men's apparel, cuttings:}
Tailored garments:
Suits
thous. units.. 16,477
Coats (separate), dress and sport
do
13,972
Trousers (separate), dress and sport
do
183,738
Shirts (woven), dress and sport.
thous. doz... 20,795
Women's, misses', juniors' apparel, cuttings:J
Coats
^
thous. units.. 20,690
Dresses
.
do
234,153
Blouses and shirts
—
thous. doz._ 12,639
Skirts
do
6,985

228,723

20,109
231,423
16,386
7,470

19,647

18,435

17,982 ••21,497

19,726

23,058

20,613

22,044

20,223

1,866
1,658
18,526
2,008

1,730
1,563
16,544
1,848

1,845
1,719
16,379
1,893

858
1,833
16,084
2,020

1,732
921
13,044
1,250

1,663
1,585
15,861
1,738

1,661
15, 703
1,756

1,631
1,335
13,945
1,556

1,660
1,313
14,297
1,673

1,365
22,380
1,377
752

1,123
22, 111
1,336
658

1,535
18,661
1,257
570

1,850
21,374
1,419
575

1,647
14,830
1,334
623

2,072
21,661
1,630

1,896
18,671
1,493

2,170
19,124
1,628
659

1,947
18,272
1,329
491

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.

21,553
15,229
19,028
21,679
14,114

23,570
14,539
21,050
21,289
13,371

4,658
3,051
4,192
4,913
3,022

6,124
3,874
5,357
5,402
3,285

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. $..

24,579
13,997
11,999
2,281

26,860
15,165
12,974
2,580

24,324
14,026
11,818
2,273

25,046
14,615
12,404
2,422

15,181
12,733
2,599

26,860
15,165
12,974
2,580

Aircraft (complete):
Shipments
Airframe weight
Exports, commercial

_

5,826
3,350
5,117
5,569
3,366

6,962
4,264
6,384
5,405

4,780

5,277

4,730

4,869

5,231

5,277

3,274

2,951

2,906

2,771

2,995

2,951

do._
2,972.9
thous. lb
48,818
mil. $__ 1,906.8

3,231.8
47,694
1,608.7

382.7
6,188
297.1

219.5
3,285
131.7

344.5
4,930
189.4

289.7
4,316
128.2

223.7
3,175
85.6

226.9
3,485
105.3

10,637.7 11,270.7
10,036.0 10,646.8
8,584.6 8,823.9
8,121.7 8,352.5
2,053.1 2,446.8
1,914.3 2,294.4

1,039.0
984.1
806.5
765.2
232.5
219.0

994.3
940.0
779.1
736.9
215.2
203.1

1,079.0
1,020.2
842.9
798.0
236.1
222.2

1,025.4

804.2
761.6
221.2
207.3

532.3
505.1
411.9
393.6
120.3
111.4

552.4 1,050.2 1,135.6 1,111.0
987.1 1,066.0 1,048.9
516.5
859.3
895.7
398.5
873.4
808.8
841.7
371.0
827.4
190.9
239.9
153.9
237.5
178.3
224.3
145.5
221.5

192.9
2,815
76.3

270.0
3,785
102.5

297.1
4,076
120.5

334.8
4,555
85.7

325.2

MOTOR VEHICLES
Factory sales (from plants in U.S.), total
Domestlc
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..
Domestics A
do
ImportsA
do

907.6 1,164.3 1,108. 2 1,220.0 »1,101. 2
852.6 1,107.3 1,053.1 1,143.1
855.1
941.2
706.0
3 843.9
900.5
815.5
666.2
882.8
859.8
253.2
278.7
201.6
263.8
237.7
260.3
186.3
247.5

10,252
8,681
1,570

10,943
9,327
1,616

913
772
141
10.3
8.7
1.6

774
125
10.6
9.1
1.5

1,030
888
143
11.0
9.5
1.5

1,025
877
149
10.4
8.9
1.6

904
769
135
11.4
9.8
1.6

812
656
156
11.1
9.3
1.7

878
741
138
11.8
10.2
1.6

1,069
932
137
11.2
9.6
1.6

1,032
891
141
11.6
9.8
1.8

847
719
128
11.1
9.2
1.9

876
736
140
12.1
10.2
1.9

920
775
146
12.3
10.3
2.0

1,143
964
179
13.2
11.2
2.0

1,024
863
162
12.1
10.2
1.9

1,447
1,590

1,311
1,454

1,741
1,578

1,782
1,628

1,781
1,606

1,751
1,540

1,393
1,373

1,263
1,488

1,300
1,485

1,288
1,492

1,313
1,473

1,311
1,454

1,52$
1,535

1,649
1,563

1,652
1,493

1,654
1,480

2.1
2.0
2.2
2.2
ratio. .
Exports (Bureau of the Census):
410.25 34.56
36.74
Passenger cars (new), assembled
thous.. 386.64
348.40 376.23 31.59
33.89
To Canada
do
100.04
120.62
10.16
Trucks and buses (new), assembled..
do
9.81
Imports (Bureau of the Census):
1,587.48 2,485.90 258.77 216.15
Passengw cars (new), complete units
..do
802.28 842.30
From Canada, total....
...do
81.44
82.59
160.87 8 238.70 21.73
Trucks and buses, complete units
do
19.29
Truck trailers (complete), shipments
number.. 103,784 141,143 13,078 12,100
Vans..
,
,
_
do
65,785 95,281
9,035
8,078
Trailer bodies and chassis (detachable), sold
separately.
_
number. _ 18,509 33,664
2,763
2,835

2.0

2.1

1.7

1.9

1.7

1.9

1.8

1.9

1.8

1.8

1.6

1.7

41.34
38.76
11.00

35.85
34.11
10.26

19.51
18.39

19.50
18.04
8.24

45.89
43.40
8.93

46.36
42.49
11.58

38.06
34.04
12.70

39.10
34.40
11.91

36.76
31.47
13.13

34.93
31.18
12.76

53.32
48.59
15.50

258.70
83.25
25.14
12,874
8,538

209.70
89.72
26.34
11,745
7,362

153.95
47.36
13.06
10,132
6,746

170.35
35.23
22.09
11,580
8,175

142. 98
58.41
14.64
11,635
7,934

198.80
74.99
14.72

229.71
86.87
22.84

8,900

11,140
7,476

204.92
67.92
15.14
12,220
8,228

235.42
87.36
18.93
11,633
7,524

219.15
74.65
12.17
• 13,622
••8,612

246.53
89.82
13.37
14,681
9,599

2,782

2,069

2,322

2,895

3,442

3,444

3,208

3,550

3,385

•• 3, 748

3,588

Retail inventories, new cars (domestics), end of
period: A
Not seasonally adjusted.
thous..
Seasonally adjusted
do
Inventory-sales ratio, new cars (domestics)A

Registrations (new vehicles):©
Passenger cars
.thous.. * 9,729.1
* 828.1 «817. 2 3 865.8 3 916.7 » 812.6 3 864.8 "743.4 8 838.5 8 869.1 8 913.2 3 752.5 8 779.6 «904.8
Imports, incl. domestically sponsored
do
* 1,465.7 51,428.5 * 122. 5 * 117.0 3 121.3 3 126.4 3 116.1 3 144.1 U28.9 8 116.5 8 122.0 8 125.4 5 106.9 8 117.1 s 145.1
Trucks
do.... «1,981.3 3 2,410.5 « 203.1 *201. 9 3 220.1 3 229.8 3 203.3 3 201.3 8 177.0 8 181.4 8 222.6 8 239.5 s 193.8 8 202.8 s 245.2
RAILROAD EQUIPMENT
Freight cars (all railroads and private car lines):
Shipments
...number..
Equipment manufacturers
do
New orders
do
Equipment manufacturers
do
Unfilled orders, end of period
do
Equipment manufacturers
do
Freight cars (revenue), class 1 railroads (AAR):§
Numher owned, end of period
thous..
Held for repairs, % of total owned
Capacity (carrying), aggregate, end of period
mil. tons..
Average per car
tons..

»55,331
»48,014
152,482
i 46,913
22,221
18,753

47,460
41,971
47,922
42,323
21,244
17,666

4,580
4,351
3,662
3,462
18,592
14,079

4,417
4,135
2,712
2,062
16,847
11,966

4,731
3,903
3,183
2,955
15,344
11,063

4,351
3,705
5,923
4,543
16,936
11,921

2,846
2,297
2,932
2,711
17,027
12,340

3,389
2,822
5,112
4,975
18,750
14,493

3,199
2,619
5,095
4,516
20,642
16,386

1,422
5.6

1,411
5.8

1,439
5.8

1,433
5.8

1,431
5.9

1,426
5.9

1,426
6.0

1,424
6.2

99.07
98.56
98.82
98.08
69.24
68.78
69.53
2
Revised.
i Annual total includes revisions not distributed by months.
Estimate
4
of production, not factory sales.
3 Omits data for three States.
Omits data for two

98.38
68.97

98.49
69.09

98.56
69.19

97.14
68.29

r

States.
3 Omits data for 4 States.
« Effective Feb. 1972, imports include trucks valued
less than $1,000 each.
X Revisions appear in Census report, Men's and Women's Selected Monthly Apparel
Cuttings, 1970-72, Revised (MA-23A Supplement), Feb. 1973.




4,131
3,487
3,316
3,116

19,822
16,010

3,557
5,357
4,957
21,114
17,314

4,069
3,830
4,725
4,708
21,244
17,666

4,782
4,536
5,425
5,084
22,283
18,610

4,475
4,191
9,811
8,661
26,134
23,545

5,157
4,912
5,484
5.433
26,535
24,140

1,424
5.9

1,412
5.9

1,413
6.0

1,411
5.8

1,409
5.9

1,409
5.9

1,408
5.7

98.64
69.27

97.95
69.35

98.10
69.44

»9.53

98.09
69.61

98.15
69.64

98.20
69.74

9 Total includes backlog for nonrelated products and services and basic research.
ADomestics include U.S.-type cars produced in the United States and Canada; imports
cover foreign-type cars and captive imports, and exclude domestics produced in Canada.
©Courtesy of R. L. Polk & Co.; republicaticn prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.

INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
Earning*, weekly and hourly
Eating and drinking places

SECTIONS
General:

Eggs and poultry

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

15-16
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, day, and glass products
Textile products
Transportation equipment

37
38
38-40
40

INDIVIDUAL SERIES
Advertising
11,16
Aerospace vehicles
4,40
Agricultural loans
16
Air carrier operations
23
Air conditioners (room)
34
Aircraft and parts
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
27
Barley
34
Battery shipments
28
Beef and Teal.
Beverages
8,11,22,23.26
Blast furnaces, steel works, etc
5-7
Bonds, outstanding, issued, prices, sales, yields
19,20
Brass and bronie
33
Brick
38
Building and construction materials
4-7,
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
d a y products
9,38
Coal
4,8,22,34,35
Cocoa
23,29
Coffee...
23.29
Coke
35
Combustion, atmosphere, heating equipment
34
Communication
2,20,24
Confectionery, sales
29
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
Corn
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
4,35
Currency in circulation
19
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank
Dishwashers
Disputes, industrial
Distilled spirits
Dividend payments, rates, and yields
Drug stores, sales




3,7,8,26,27
16
18
11,12
16,17,19
34
16
26
2,3,19-21
11,12

15
11,12

M*2*2S*£

Electric power
4,8,25,26
Electrical machinery and equipment
4-7,
9,13-15,19,22,23,34
Electronic components
34
Employment estimates
13,14
Expenditures, U.S. Government
18
Explosives
25
Exports (see also individual commodities).... 1,2,21-23
Failure*, 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
Fertilisers
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
commod.)
21-23
Foreign trade (see also individual
in
Foundry
equipment
Fd
i
34
Freight cars (equipment)
t)
40
Fruits
vegetables
t and vegetale
7,8
F
l oil
il
Fuel
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
Hardware stores

4,8,26
1,35
38
25
19
7.8,22.27,28
11,12
1
1
9,38
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, and motor-hotels
24
Hours, average weekly
14
Housefurnishings
1,4,8,11,12
Household appliances, radios, and television sets.
4,
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
16
Labor advertising index, stoppages, turnover....
13
Labor force
28
Lamb and mutton
28
Lard
33
Lead.
Leather and products
4,9,13-15,30
life insurance
18,19
Linseed oil
30
Livestock
3,7,8,28
Loans, real estate, agricultural, bank, brokers*
(see also Consumer credit)
10,16,17,18,20
Lubricants
35,36
Lumber and products
4,9,10-15,19,31
Machine tools
34
Machinery
4-7,9,13-15,19,22,23,34
Mail order houses, sales.
11
Man-hours, aggregate, and indexes
14,15
Manmade fibers and manufactures
9,39
Manufacturers* sales (or shipments), inventories,
orders
5-7
Manufacturing employment, unemployment, production workers, hours, man-hours, earnings.. . 13-15
Manufacturing production indexes
3,4
Margarine
29
Meat animals and meats
3,7,8,22,23,28
Medical and personal care
8
Metals
4-7,9,19,22,23,31-33
Milk
27
Mining and minerals
2-4,9,13-15,19
Monetary statistics
19
Money supply
19
Mortgage applications, loans, rates
10,16,17,18
Motor carriers
23,24
Motor vehicles
1,4-6,8,9,11,19,22,23,40
Motors and generators
34

National defense expenditures
1,18
National income and product
1,2
National parks, visits.
24
Newsprint.
23,37
New York Stock Exchange, selected data
20,21
Nonferrous metals
4,9,19,22,23,33
Noninstalhnent credit
18
Oats
Oils and fate
Orders, new and unfilled, manufactures*
Ordnance

27
8,22,23.29,30
6,7
13-15

Paint and paint materials
Paper and products and pulp

8,25
4-6,
9,13-15,19,23,36,37
Parity ratio
7
Passenger cars
1,3-6,8,9,11,12,19,22,23,40
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
Fig 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, hours, 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
Radio and television
4,11,34
Railroads
2,15,16,20,21,24,40
Ranges
34
Rayon and acetate
39
Real estate
10,17,18
Receipts, U.S. Government
18
Recreation
8
Refrigerators
34
Registration (new vehicles)
40
Rent (housing)
8
RetaU 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
2
Savings deposits
17
Securities issued
19,20
Security market*
20,21
Services
1,8.13-15
Sheep and lambs
28
Shoes and other footwear.
9,11,12,30
SUver
19
Soybean cake and meal and oil
30
Spindle activity, cotton.
39
Steel (raw) and steel manufactures
22,23,31,32
Steel scrap
31
Stock market customer
financing
20
Stock price*, earnings, sale*, etc
20,21
Stone, clay, glass products
4-6,9,13-15,19,38
23,29
Sugar.,
25
Sulfur..
24
Sulfuric a c i d . . . .
25
Superphosphate.
Tea imports
29
Telephone and telegraph carriers
24
Television and radio
4,11,34
Textiles and product..... 4-6,9,13-15,19,22,23,38-40
Tin
*3
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

A2V?*H*?o*5i

Transportation

Transportation equipment
Travel
Truck trailers
Trucks (industrial and other)

4-7,13-15,19,40
•
23,24
mM 40
34,40

Unemployment and insurance
U.S. Government bonds
U.S. Government
finance
Utilities

l£»j|$
16-18,20
• . • . . . • • • - _ Jg
2-4,9,19-21,25,26

Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Veterans* benefits
Wages and salaries
Washers and dryers
Water heaters
Wheat and wheat
Wholesale price indexes
Wholesale trade

Wood pulp

Wool and wool manufactures
Zinc.

, , JJ
JJU | *
23,29,30
•• J
w

flour

2,3,15
J*
»J
27,28
• • • • • : . . *\Z
5,7,11,13-15
o

J2J

*• **
33

UNITED STATES
GOVERNMENT PRINTING OFFICE
PUBLIC DOCUMENTS DEPARTMENT
WASHINGTON. D.C.
20402

OFFICIAL BUSINESS




CURRENT
CONSTRUCTION
REPORTS

Current Construction Reports include:

CONSTRUCTION accounts
for approximately 12 percent
of the gross national product!
To assist industry representatives,
research specialists, market analysts,
and government officials interested
in this vital segment of the Nation's
economy, the Bureau of the Census
issues monthly, quarterly, and
annual reports on the value of new
construction put in place, building
permits, housing starts, housing
completions, housing sales,
alterations and repairs and
demolition of residential structures.

C20
C22
C25
C30
C40
C41
C45

C50

- Housing Starts
- Housing Completions
- Sales of New One-Family Homes
- Value of New Construction Put
in Place
- Housing Authorized by Building
Permits and Public Contracts
- Authorized ConstructionWashington, D.C. Area
- Permits Issued for Demolition
of Residential Structures in
Selected Cities
- Expenditures on Residential
Additions, Alterations,
Maintenance and Repairs, and
Replacements

For further information and a
Publications Order Form, free of
charge, on all the above reports,
write to the Publications
Distribution Section, Social and Economic
Statistics Administration, Bureau of the
Census, Washington, D.C. 20233