Full text of Survey of Current Business : May 1973
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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) Annual subscription, including weekly statistical supplement: $20 domestic, $25 foreign. Single copy $2.25. Order from Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402, or any Commerce Field Office. Make check payable to Superintendent of Documents. Annual subscription in microfiche, excluding weekly supplement: $9 domestic, $12 foreign. Single copy $0.95. Order from National Technical Information Service, Springfield, Va. 22151. Address change: Send to Superintendent of Documents or NTIS, with copy of mailing label. For exchange or official subscriptions, send to BE A. Editorial correspondence: Send to Bureau of Economic Analysis, U.S. Department of Commerce, Washington, D.C. 20230. The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the r ___ printing this periodical has been approved by the Director of the Office of Management and Budget through September 1,1975. »y law of this Department. Use of funds for U.S. DEPARTMENT OF COMMERCE DISTRICT OFFICES Albuquerque, N. Mex. 87101 316 U.S. Courthouse 843-2386. Anchorage, Alaska 99501 632 Sixth Avc. 272-6531. Atlanta, Ga. 30309 1401 Peachtrce St. NE. 526-6000. Baltimore, Md. 21202 415 U.S. Customhouse 962-3560. Birmingham, Ala. 35205 908 S. 20th St. 325-3327. Boston, Mass. 02116 441 Stuart St. 223-2312. Cheyenne, Wyo. 82001 y , >itol Ave. 778-2220. 2120 Capit Chicago, 111. 60603 Room 1406 Mid-Continental Plaza Bidg. 353-4400. Cincinnati, Ohio 45202 550 Main St. 684-2944. Cleveland, Ohio 44114 666 Euclid Ave. 522-4750. Dallas, Tex. 75202 1100 Commerce St. 749-3287. Hartford, Conn. 06103 450 Main St. 244-3530. Milwaukee, Wis. 53203 238 W. 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Federal Reserve Bank of St. Louis Los Angeles, Calif. 90024 11000 Wilsbire Blvd. 824-7591. 350-5267. New Orleans, La. 70130 610 South St. 527-6546. New York, N.Y. 10007 26 Federal Plaza 264-0634. Salt Lake City, Utah 84111 125 South State St. 524-5116. San Francisco, Calif. 94102 450 Golden Gate Ave. 556-5864. Philadelphia, Pa. 19107 1015 Chestnut St. 597-2850. Phoenix, Ariz. 85004 112 N. Central 261-3285. San Juan, Puerto Rico 00902 100 P.O. Bldg. 723-4640. Pittsburgh, Pa. 15222 1000 Liberty Ave. 644-2850. Savannah, Ga. 31402 235 U.S. Courthouse and P.O. Bldg. 232-4321. Portland, Oreg. 97205 921 S.W. Washington St. Seattle, Wash. 98109 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