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NOVEMBER 1965 /VOLUME 45 NUMBER
SURVEY OF CURREMT BUSINESS
CONTENTS
THE BUSINESS SITUATION
11
U.S. Department of Commerce
John T. Connor / Secretary
Summary
1
Inventory Developments
3
Price Changes in 1965
5
National Income and Product Tables
6
Andrew F. Brimmer / Assistant Secretary for Economic Affairs
Office of Business Economics
George Jaszi / Director
Morris R. Goldman Louis J. Paradiso
Associate Directors
ARTICLES
Murray F. Foss / Editor
Recent Financial Developments
9
Financing and Sales of Foreign Affiliates of U.S. Firms
14
Historical National Income and Product Statistics:
Personal Consumption Expenditures, by Type of Product
20
Leo V. Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics
TO
Business Review and Features;
Leo Bernstein
Lawrence Bridge
Dorothea S. Jones
David R. Hull, Jr.
CURRENT BUSINESS STATISTICS
General
S1-S24
Industry
S24-S40
Subject Index (Inside Back Cover)
Articles:
John A. Gorman
Paul E. Shea
Samuel Pizer
Frederick Cutler
Smith W. Allnutt, 3d
Julius N. Freidlin
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Boston, Mass., 02110
80 Federal St. CA 3-2312.
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117 Ellkott St. Ph. 842-3208.
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334 Meeting St.
Ph. 747-4171.
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500 Quarrier St. Ph. 343-6196.
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Empire State Bldg, L0 3-3377.
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1015 Chestnut St.-. Ph. 597-2850.
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230 N. First Ave»- Ph. 261-3285.
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210$ Federal Bldg. Ph. 649-3611.
St. L»«is5 Mo.,
2511 Federal BHg. MA 2-4243.
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125 South State St. Ph. 524-5116.
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450 Golden Gate Ave.
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583-561$.
ERRATA
An error was made in lines 3 and 4 of table 1 on pages 10 and 11, for the
period 1952 through 1960. The correct figures are as follows:
SEASONALLY ADJUSTED, AT ANNUAL RATES
Billions of dollars
Year and
quarter
1952:
1953:
1954:
1955:
1956:
Line 3:
Undistributed
profits
Line 4 :
Corporate
I.V.A.
I
II
III
IV
9.8
8.0
8.1
9.8
1.3
1.2
.7
.8
I
II
III
IV
11.1
10.4
10.0
5.5
-.4
-1.6
-2.0
()
*
I
II
III
IV
7.5
8.7
9.4
10,6
()
*
()
*
-.7
-.5
I
II
III
IV
13.6
13.6
13.8
14.6
-1.1
— 9
-2.2
-2.8
I
II
13.4
13.8
-2.9
-3.6
Year and
quarter
1956:
1957:
1958:
1959:
1960:
Line 3:
Undistributed
profits
Line 4:
Corporate
I.V.A.
III
IV
I
II
12 . 2
13.3
13.5
12.3
-1.2
-3.0
-284
-1.5
III
IV
I
II
11.7
9.6
5.9
6.4
-1.3
-.9.
-.2
.3
III
IV
I
II
8.8
12.2
12.9
1.5.0
-.9
-e8
-1.3
III
IV
I
II
11.6
10.7
12.5
11,3
-.5
.7
-.6
-.2
III
IV
8.7
7.7
1,2
.5
— 2
the BUSINESS SITUATION
J. HE business expansion continued
through October and appeared to be
as robust as ever. Total wages and
salaries showed the largest monthly
advance of the year as employment,
hours of work, and rates of pay increased. The strong demand for labor
brought about another decline in unemployment. Despite the large cutback in steel output, industrial production increased following a dip in September. Retail sales rose to a new peak.
Rising outlays by business for new
plant and equipment, increasing government purchases of goods and services
and the recent increases in Social
Security payments are providing the
main stimulus to the advance this fall.
So far at least, their effects on income,
production, and sales outweigh the
dampening influences of the adjustment
in steel by a good margin.
among manufacturing, nonmanufacturing, and government. It was due in
part to a seasonally adjusted employment rise of about 225,000 (according to preliminary figures) in nonagricultural establishments—the largest
gain since early summer. In most
CHART 1
Construction Expenditures
Billion $
70
Industrial production higher
60
55
Payrolls up sharply
Reflecting gains in a broad range of
industries, payrolls rose $3 billion at
an annual rate from September to
October. Business and property income also advanced—by about $1
billion—but transfer payments, which
jumped $10.6 billion (annual rate) in
September because of the lump-sum
retroactive payment of the Social
Security increase, fell back by $9.5
billion. As a result, total personal
income declined $5.7 billion; however,
if the lump-sum payment is excluded
from the September total, the October
change was an increase of approximately
$5 billion.
The increase in total wages and
salaries was divided about equally
manufacturing industries, employment
and weekly hours of work both rose,
with increased overtime hours of some
importance. Almost half of the large
advance in government payrolls reflected a pay raise for Federal civilian
workers; the rest, increases associated
with the war in Vietnam and rising
State and local employment.
October marked the first month of
the regular 7-percent (average) increase
in Social Security benefits. This rise,
which permanently affects the level of
income, added $1.1 billion to the
October income flow.
50
30
Private Residential
15
10
I
I
1961
I
I I
I
1962
I
I
I
I
1963
I
I
I
1964
I
I
I
I
I I
1965
Quarterly, Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
Data: Census
65-11-1
Industrial production rose about onehalf of 1 percent last month as increases in most durable goods industries offset a sharp decrease in steel.
Steel output fell about 10 percent after
seasonal adjustment for the third
straight month of decline. The cutback from the July peak has now
amounted to 25 percent, slightly more
than the overall reduction that occurred
in the 1963 steel inventory adjustment.
Weekly figures for late October and the
first 2 weeks in November suggest that
the rate of decline has diminished.
With consumption strong and steel
production falling, manufacturing consumers are now liquidating the large
inventories of steel they accumulated
over the year. At the end of September,
these stocks totaled 17.0 million tons,
some 7K million more than the carryover
of a year earlier. The reduction in September, the first in 16 months, was
only 200,000 tons, but it is quite likely
that a much larger reduction took place
in October.
SURVEY OF CURRENT BUSINESS
November 1965
of auto dealers were apparently some- are up by a similar amount. In real
what lower than they were the month terms, private residential and total
before. Some caution may be in order public building activity are both someregarding the automobilec figures be- what lower than in 1964. In contrast,
cause seasonal adjustments are espe- private nonresidential construction is
cially hard to make in the first month higher, reflecting the strong rise in
business investment programs, particof a new model year.
ularly for capacity expansion. On a
Construction activity
Rise in retail sales
constant dollar basis, industrial buildConstruction is one important part ing and shopping center construction
With consumer incomes rising
strongly, retail sales have been very of aggregate demand that has not con- this year are up about 20 percent over
buoyant. The preliminary seasonally tributed to higher real output this year. 1964, while public utility construction
adjusted total for October was up from Total construction expenditures in the has shown a modest advance.
It appears now that private housing
September, which on a revised basis first 10 months of 1965 have been 3
percent greater than in 1964, but costs activity will just about match last
was the highest so far this year. Sales
year's record total in current dollars;
housing starts are lower, however. So
CHART 2
far in 1965, starts have averaged 1.46
million units, as compared with 1.53
Gross National Product and Durable Goods Output
million for all of 1964. On a quarterly
Durable goods output has increased at a faster rate
basis, no particular trend in activity
than real GNP since early 1961
or starts has been apparent for more
Billion $ (ratio scale)
than a year; however, both are below
700 //„ ;
the peaks reached early in 1964, when
600 ~^-:i\;.f^-;.
the long boom in apartment house
500 ^'?-"'' : ^>>
construction came to an end. From
the second to the third quarter of this
400 ~
year, residential expenditures fell about
$% billion and starts declined from an
annual rate of 1.5 million to 1.4 million
units.
150 -;
Like housing, public construction
expenditures in current dollars have
shown no change from last year, and
the quarterly movement has been quite
100 90 rv
steady since the summer of 1964.
Output in the automobile industry
increased each week in October and by
the end of the month was close to peak
rates of last spring. For the month as
a whole, the change from September
was about in line with the seasonal
movement.
;
»^m-m
80 V
Preliminary third quarter corporate
profits
70 ~
60 -
f i Vt I
50
1947
1949
1951
1953
1955
1957
1959
1961
1963
1965
1961
1963
1965
Ratio of durable goods output to GNP has returned to the 1950-55 peaks
Ratio
.26
.24 rv
.18 ~
.16
\
1947
1949
1951
U.S. Department of Commerce, Office of Business Economics
1953
1955
1957
1959
With GNP up by $11% billion (see
pages 6-8), corporate profits rose $1%
billion in the third quarter to a seasonally adjusted annual rate of $73%
billion, according to preliminary estimates. Book profits, which include
gains due to inventory price increases,
rose by $% billion before taxes and by
$% billion after taxes. Almost all of
the after-tax increase was reflected in
increased dividend payments.
By industry, quarterly changes were
mixed. Profits increased substantially
in durable goods manufacturing and
moderately in mining, finance, and
utilities. However, small declines were
evident in nondurable goods manufacturing, and profits from foreign
investment dipped.
SURVEY OF CURRENT BUSINESS
November 1965
Inventory Developments
FROM the fourth quarter of 1964 to
the third quarter of this year, inventory
accumulation has ranged from $6 billion
to $9 billion at seasonally adjusted
annual rates. (See chart 3.) These
are higher rates than those in most
earlier quarters of the current expansion
and appear particularly high when
compared with the $4 billion rates in
each of the first three quarters of 1964.
Although total stocks have increased
over $7 billion in the past year, output
has also expanded considerably, and
the ratio of overall stocks to output
does not appear to be high when gaged
by postwar standards. (See chart 4.)
Within the past year, there have
been some unusual shifts in the rate of
inventory accumulation, notably in
steel, in automobiles, and in products
in foreign trade whose movements were
affected by the dock strikes. The net
effect of these and other shifts has been
such that the change in inventory
investment added significantly to the
rise in GNP in the final quarter of last
year and the first quarter of this year,
but tempered the rise in total output
in the second and the third quarters.
In most retail and wholesale trades,
reductions in the rate of inventory
accumulation became evident in the
second quarter and accelerated in the
third quarter. In September, there was
some liquidation of stocks at retail and
wholesale establishments dealing in
durable goods; at nondurable goods
establishments, retailers liquidated inventories, but wholesalers maintained
stocks at the August level.
The largest reduction in inventories
during September occurred among retail
automotive dealers; this was the first
decline since the October-November
1964 period when strikes at General
Motors and Ford plants drastically
curtailed deliveries. With the resumption of a high level of auto output,
automotive dealers accumulated inventories at a more than $2^ billion
seasonally adjusted annual rate in the
first quarter of 1965; this rate fell to
somewhat over $2 billion in the second
quarter and $% billion in the third
quarter.
In manufacturing, inventory investment was much stronger in the third
quarter than in the earlier quarters of
1965 among suppliers of machinery and
Third quarter inventory investment equipment and of defense goods. The
During the third quarter of this year, first two market categories accounted
inventory investment was at a season- for about one-half the total rise in
ally adjusted annual rate of $6.1 billion, inventories during the third quarter.
down from the $6.7 billion rate of the Thus far in 1965, these two groups have
second quarter and the $8.7 billion of experienced large and accelerating quarthe first. The monthly book value ter-to-quarter rises in unfilled orders
data suggest that inventory investment backlogs, which were in excess of strong
moved downward throughout the third increases in shipments.
Inventory investment by producers
quarter; there appears to have been
almost no inventory accumulation at supplying mainly consumer markets
all in September.
slowed down in the third quarter,
The decline in the third quarter was notably in automotive equipment, but
attributable primarily to lowered in- also in other consumer durable goods
ventory investment by most major lines and staples. Producers of consumer
of retail and wholesale trade. Farmers staples (food, beverages, tobacco, and
and manufacturers in most major newspapers) liquidated stocks for the
industries invested more in inventories second quarter in a row. Producers of
in the third quarter than in the second. apparel, shoes, and household textiles,
on the other hand, added appreciably
to their stocks in the third quarter,
following more moderate increases in
the previous two quarters.
Inventories held by suppliers of
materials and intermediate products
increased substantially in the third
quarter, with a broad rtfnge of durable
and nondurable goods producers contributing to the rise. Steel producers
increased their mill stocks in the third
quarter, although at the end of September they were well below the level a year
earlier.
Steel stockpiling by steel consumers
and steel warehouses, on the other hand,
had been quite heavy in the year preceding the settlement of the wage dispute
in early September. The rate of accumulation peaked in the first quarter of
this year and then fell off somewhat in
CHART 3
• Inventory accumulation has been higher
since the third quarter of 1964
Billion $
12
CHANGE IN BUSINESS INVENTORIES
(GNP Basis)
2
3
4
1
2
3
1964
1965
Quarterly, Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
f
the second and third quarters. The
September report on steel mill products
showed a small decline in stocks held
by steel consumers.
The ratio of stocks to output
Chart 4 shows the postwar ratios of
nonfarm inventories to total gross
national product, with both aggregates
measured on a seasonally adjusted
SURVEY OF CUEEENT BUSINESS
basis in constant (1958) dollars. The
movements in the ratios would be quite
similar if nonagricultural business product were used in place of overall GNP—
or if final purchases were substituted
for output.
The behavior of the stock-output
ratios in recent years has been one of the
striking features of the current expansion. Although the ratios declined
after the first quarter-1961 trough in
activity—as they did after all previous
postwar troughs—they have not shown
the rise that in earlier postwar expansions usually occurred following the
first year or so of recovery. They have
displayed instead a remarkable stability, holding close to 21% percent of
GNP from the fourth quarter of 1961
through the third quarter of 1965.
Historically, the ratio has been below
21% percent only during World War II
and in 1950 when the unusual spurt in
demand following the outbreak of
hostilities in Korea sharply, but temporarily, reduced inventories.
Another feature of chart 4 is the
slight downward trend in the ratios of
stocks to output over the postwar
period. The recent ratio of 21% percent
may be compared with a ratio of about
23 percent in the early postwar period.
This is a considerably smaller rate of
decline than that which occurred in the
prewar period—from about 30 percent
in the early 1920's to an average of 23
percent in 1939 and 1940. Thus, nonfarm inventory requirements per dollar
of real GNP are about 30 percent less
now than in the early 1920's—although
most of this increase in "efficiency" was
achieved before World War II.
The available data indicate that over
the postwar period stocks in manufacturing, in trade, and in other nonf arm
industries have all risen less than total
GNP over the -postwar period. This
also has been true when stocks in these
November 1965
industries are measured against their
respective outputs. Thus, the decline
in the overall stock-output ratios cannot be attributed to a shift in the
Manufacturing and Trade Stock- Sales Ratios
September
1960
Manufacturing
and trade
1961
1962
1963
1964
1965
1.59
1.53
1.52
1.52
1.48
1.48
Manufacturing
Durable goods
Nondurable
goods _ _
1.78
2.12
1.70
1.99
1.73
2.01
1.70
1.98
1.64
1.92
1.65
1.98
1.42
1.42
1.43
1.41
1.33
1.30
Retail ....
Durable eoods
Nondurable
goods
1.48
2.06
1.42
1.95
1.39
1.85
1.41
1.82
1.40
1.82
1.39
1.90
1.20
1.18
1.17
1.21
1.19
1.14
Wholesale
Durable goods
Nondurable
goods
1.25
1.74
1.22
1.64
1.18
1.61
1.18
1.57
1.18
1.54
1.17
1.54
.91
.93
.89
.91
.92
.91
Source: U.S. Department of Commerce, Office of Business
Economics.
composition of output from industries
with relatively high stock-output ratios to those with low ratios.
The current position of inventories
CHART 4
Ratio of Nonf arm Stocks to Total GNP in Constant 1958 Dollars
• Ratios have shown slight downward drift over postwar period
• Ratios in current expansion, unlike those in previous advances,
have been fairly stable
Ratio
.28
.26
.24
.20
18
, , , I•M * f
1947
M f
49
!
{
j i f- j i i 1 n f t i i f 1 M » f i f t I M i h i f I M t f M » ! ' i M I f n h f i I f i i I i f f 1 i t i
51
53
55
57
59
61
63
65
Quarterly, Seasonally Adjusted
U.S. Department of Commerce, Office of Business Economics
65-11-4
From the vantage point of stocksales ratios, which are available on a
detailed basis, current levels of inventories in most industries appear quite
low compared with earlier postwar periods of high activity. However, one
should keep in mind that stock-sales
ratios, like stock-output ratios, have
shown a mild secular decline. Current
stock-sales ratios are particularly low
among manufacturers of nondurable
goods and among retailers other than
automotive dealers. In those industries in durable goods manufacturing
where stocks appear somewhat high
historically—machinery and fabricated
metals—holdings seem to be justified
by prospects of increasing demand, as
indicated by rising ratios of unfilled
orders to sales. Steel stocks in the
hands of consumers are obviously high
at this time, and adjustments in the
output schedules of steel producers are
now underway. Whether adjustments
are needed in auto stocks will be determined, of course, by the rate of
consumer acceptance of the 1966 models
during the next few months.
SURVEY OF CUEEENT BUSINESS
November 1965
crease and finished goods (on the average) the least:
[Percent change]
Sept. 64- Mar. 65- Sept. 64Mar. 65 Sept. 65 Sept. 65
Price Changes in 1965
Industrial crude materials..
Industrial intermediate
materials
Producer finished goods
-.2
CHART 5
Overall Prices Continue to Increase
but Rise Is Still Moderate
1958 = 100
(ratio scale)
GNP Implicit Price Deflator
(seasonally adjusted)
100
I I IIII I IIM I I MI MI III I I IMIIM III I II II I IM IMI IM
Mild upward trend in consumer prices persists
120
Consumer Price Index
100
"Wholesale Price fndex
80
-.4
.7
1.9
CHART 6
Wholesale Prices
Percent Change
2
3
FARM
PRODUCTS
The 1.5-percent rise over the past year
in wholesale prices of industrial commodities is a development of some note
in view of the comparative stability in
these prices over a long period in which
demand has expanded considerably.
One aspect of the recent rise has been
that more commodities have shown
advances than in other years in the
current expansion. This may be seen
in the following table, which presents a
4-year summary of price changes for
the 73 subcategories of industrial products surveyed by the Bureau of Labor
Statistics:
I M I I I I I M I I I I I I I M ll I I I M I I I I 1 I I I I I I I I I M I I I I I I I II
Increase
Industrial prices have edged up in the past year
120
Sept. 1964-Sept. 1965
Sept. 1963-Sept. 1964
Sept. 1962-Sept. 1963
Sept. 1961-Sept. 1962
Wholesale Price Index, Industrial Commodities
53
47
36
40
No
change
6
3
4
4
Decrease
14
23
33
29
100
i l m h i i l n i l i .huh
80
1953
55
57
I I. M I M ll I II h i 1 I Ml
59
61
63
65
Data: QBE & BLS
U.S. Department of Commerce, Office of Business Economics
65-11-5
A breakdown of industrial commodities by stage of fabrication shows
that—over both the past year and the
past 6 months—industrial crude materials have shown the largest price in-
19
1.2
Chart 6 illustrates price changes over
the past year for broad groups of commodities. Prices of metals and metal
products have risen 3.2 percent since
Rise in industrial prices
120
80
regularly upward in 1965, reflecting
mainly shifts in food prices.
Wholesale prices increased 1.7 percent from the first 9 months of 1964 to
the first 9 months of 1965. The wholesale index, which was quite stable from
about 1958 to the summer of 1964, has
risen for five consecutive quarters
since then; since June, changes on a
monthly basis have been very small.
The increase in wholesale prices in the
latter part of 1964 centered in industrial
commodities, which have continued to
rise this year. However, most of the
wholesale price advance in 1965 has been
attributable to sharply higher quotations for farm products and processed
foods in the first half of the year.
-.2
1.2
1.6
Consumer finished goods,
durable
._
Consumer finished goods,
nondurable
PRICE rises so far this year have been
a bit larger than in the other years of the
current business expansion, which has
been noteworthy for its moderate price
advances. Despite the slightly larger
year-to-year advance, there has been
little evidence of a sustained acceleration in price increases over the past few
quarters, as may be seen in chart 5.
In the first 9 months of 1965, the
Consumer Price Index averaged 1.5
percent above its level a year ago. In
the previous 4 years, the CPI increased
from 1 to 1.3 percent a year. Its
quarterly movements have been ir-
1.5
9
.4
3.2
10
.9
U.S. Department of Commerce, Office of Business Economics
SURVEY OF CURRENT BUSINESS
6
last September, continuing a rise that
has been in progress since early 1963.
Much of the advance has been attributable to higher prices for the nonferrous metals group, which rose almost
10 percent over the year, after an
increase of almost the same size the
year before. Strong worldwide demand, and supply shortages which
resulted from strikes, have contributed
to rising domestic prices. As a group,
iron and steel prices have been relatively stable; a decline in scrap prices
has about offset selective increases on
steel mill products. Prices of metal
containers increased after the labor
settlement in the industry last spring.
Rising demand for machinery and
equipment has been accompanied by
further price increases for most kinds
of machinery. Price increases since last
September for nonelectrical machinery—agricultural, construction, rnetalworking, and general purpose—have
ranged from about 1.5 percent to 4 percent. The price index of machinery
and motive products, however, has
advanced less than 1 percent over this
period because prices of electrical
machinery and motor vehicles have
been stable.
The largest price rise over the year
has been in hides, skins, and leather.
Most of the advance in quotations for
hides and skins has taken place since
March and has been associated with
the decline in cattle slaughter and the
sizable reduction in hog supplies at
wholesale markets. In two product
areas, household .durables and building
materials, wholesale prices have declined over the past year. Prices of
major household appliances have been
falling for a number of years as a result
of intense competition among producers.
Price cuts on building materials (which
are scattered throughout the various
commodity groups), such as millwork,
gypsum wallboard, building paper, and
floor tile, appear to be related to the
flattening out in residential construction activity.
Farm and food prices
The rise in industrial commodity
prices has been overshadowed by the
unusually sharp increases that have
occurred in wholesale prices of farm
November 1965
products and processed foods since
early 1965. For both groups of commodities, however, changes since midyear have been small. Leading the
advance among farm products has been
the increase in the livestock and poultry
index, which rose nearly one-fifth from
March to August but has eased somewhat since; as compared with a year
ago, the index has risen about 13 percent. Hog prices have been especially
strong because of restricted supplies;
at the end of October, prices at Chicago
wholesale markets were up 50 percent
from a year earlier.
Wholesale prices of processed foods,
which have been rising since last fall,
showed a sizable increase in late spring.
A broad range of items has advanced—
meats, sugar, animal and vegetable
oils, and bakery products. A significant exception to the rising trend has
been canned and frozen fruits and
vegetables. The large 1964 pack, which
will supply the market until the 1965
crop is processed, caused prices to drop
last summer; throughout 1965, prices
have remained below year-earlier levels.
(Continued on page 24)
NATIONAL INCOME AND PRODUCT TABLES
Table 1.—Gross National Product in Current and Constant Dollars
1964
1962
1963
1964
III
IV
I
II
III
1962
1963
1964
IV
I
II
III
Billions of 1958 dollars
Billions of current dollars
__ _
HI
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Gross national pro duct
1965
1964
1965
560.3
589.2
628.7
634.8
641.1
656.4
665.9
677.5
530.0
550.0
577.6
582.6
584.7
597.5
601.4
609.7
355.1
373.8
398.9
404.6
405.9
416.9
424.4
432.2
338.6
352.4
372.1
377.3
376.8
385. 9
390.2
396.7
49.5
162.6
143.0
53.4
168.0
152. 3
58.7
177.5
162. 6
60.5
179.8
164.3
57.9
180.9
167.1
63.9
183.0
170.0
63.7
187.6
173.1
65.0
191.1
176.1
49.2
158.4
131.1
53.2
161.8
137.3
58.5
169.4
144.2
60.2
171.6
145.5
57.9
171.8
147. 1
63.7
173. 4
148. 8
63.5
176.2
150.5
66.0
178.4
152.3
83.0
86.9
92.9
92.6
97.7
102. 4
101.1
102.0
79.4
82.3
86.3
86.0
90.2
94.7
93.0
92.9
77.0
51. 7
19.2
32.5
25. 3
24.8
.6
6.0
5.3
.7
81.2
54.3
19.7
34.6
26.9
26.3
.6
5.7
4.9
.8
88.1
60.5
21.1
39.4
27.5
27.0
.6
4.8
5.4
— .6
88.8
61.6
21.1
40.5
27.2
26.6
.6
3.8
4.6
-.8
90.2
63.5
21.5
42.0
26. 7
26.2
.6
7.5
7.8
-.3
93.7
66.0
21.8
44.2
27.7
27.1
.6
8.7
9.3
-.5
94.4
66.4
22.7
43.7
28.0
27.5
.6
6.7
7.1
-.4
95.9
68.3
23.2
45.1
27.6
27.1
.6
6.1
6.0
.1
73.4
49.7
17.9
31.7
23.8
23.2
.6
6.0
5.2
.7
76.6
51.9
18.0
33.8
24.7
24.1
.5
6.7
4.9
.8
81.7
57.1
18.9
38.3
24. 6
24.0
,5
4.6
5.1
-.5
82.2
58.1
18.8
39. 3
24.1
23.6
.5
3.8
4.4
-.7
83.1
59.6
19.0
40.6
23.6
23.0
.5
7.1
7.3
-.3
86.2
61.9
19.2
42.7
24.3
23.8
.5
8.6
9.1
-.5
86.5
62.0
20.0
42.0
24. 5
24.0
.5
6. 5
6.9
-.4
87.0
63.4
20.0
43.4
23.6
23.1
.5
5.8
5.7
.1
5.1
30.3
25.1
5.9
32.4
26.4
8.6
37.0
28.5
8.8
37.3
28.5
8.9
38.4
29.5
6.2
34.8
28.6
7.5
39.8
32.3
8.1
40.0
31.8
4.5
30.0
25.5
5.6
32.2
26.5
8.5
36.5
27.9
8.7
36.8
28.1
8.3
37.3
29.0
6.0
33.8
27.8
6.7
38.7
32.0
7.3
38.8
31.5
Government purchases of goods and services
Federal
National defenseOther
__
State and local
117.1
63.4
51.6
11.8
53.7
122.6
64.4
50.8
13.6
58.3
128.4
65.3
49.9
15.4
63.1
128.7
64.9
49.5
15.4
63.8
128.6
64.3
48.8
15.5
64.3
130.9
64.9
48.9
16.0
66.0
132.9
65.9
49.4
16.5
67.0
135.2
67.1
50.8
16.3
68.1
107.5
60.0
109.8
59.7
110.7
57.8
110.5
57.1
109.4
56.1
110.9
56.4
111.5
56.8
112.9
57.6
47.5
50.0
52.8
53.4
53.3
54.5
54.7
55.3
Addendum : Implicit price deflator for seasonally
adjusted GNP, 1958=100
_._
105.7
107.1
108.9
109.0
109.6
109.8
110.7
111.1
Personal consumption expenditures —
Durable goods _
Nondurable goods _ _ _ _ _
Services. _
Gross private domestic investment. .
Fixed investment
NonresidentiaL.
Structures
Producers' durable equipment
Residential structures
Nonfarm_ _
Farm __
Change in business inventories
Nonfarm. _
Farm
Net exports of goods and services
Exports
Imports
SURVEY OF CURRENT BUSINESS
November 1965
Table 2.—-National Income by Type of Income
Table 3.—Personal Income and Its Disposition
[Billions of dollars]
f Billions of dollars]
1965
1964
1962
1964
1963
III
IV
I
1964
1962
III
II
1964
1963
III
Seasonally adjusted at annual
rates
National income
457.7 481.1 514.4 519. 5 526.3 541. 4 550.3 1 558. 4
Compensation of employees.
29.8
31.8
32.2
32.7
33.4
33.8
34.2
13.7
13.9
15.0
14.8
15.4
16.5
15.5
16.7
15.7
17.1
16.1
17.3
16.3
17.5
16.5
17.7
11.4
2.5
12.1
2.7
13.5
2.9
50.1
50.8
51.1
51.4
51.8
51.9
54.6
54.6
37.1
37.8
39.1
39.4
39.6
39.9
40.1
40.4
37 1
37 8
39 1
0
13.0
o
13.0
o
12.0
12.0
12.2
12.0
14.5
14.2
Rental income of persons
16.7
17.6
18.2
18.3
18.5
18.5
18.6
18.6
Corporate profits and inventory valuation adjustment
55.7
58.1
64.5
65.5
64.9
71.7
72.0 173.3
Profits before tax
Profits tax liability.
Profits after tax
Dividends
__
Undistributed profits
55.4
24.2
31.2
15.2
16.0
58.6
26.0
32.6
15.8
16.8
64.8
27.6
37.2
17.2
19.9
65.3
27. 8
37.5
17.4
20.1
65.9
28.1
37.8
17.7
20.0
73.1
29.1
44.0
17.8
26.2
73.7
29.4
44.4
18.2
26.1
Proprietors' income
Business and professional
Income of unincorporated enterprises
Inventory valuation adjustment
Farm
.
__ .
—
Inventory valuation adjustment..
.3
-.4
-.3
11.6
Net interest
13.6
15.2
II
III
Wage and salary disbursements... 296.1 311.2 333.5 336.7 342.7 349.8 355.0 360.9
*
Commodity-producing industries __
120.8 125.7 133. 9 135.2 137.4 141.4 143.3 145.7
96.7 100.6 107. 2 108.4 110.0 113.6 115.0 117.2
Manufacturing
72.5 76.0 81.1 81.9 83.2 84.9 86.4 87.5
Distributive industries
46.8 49.9 54.1 54.6 55.9 56.6 57.6 58.8
Service industries
56. 0 59.6 64.3 65.0 66.2 66.8 67.7 69.0
Government
ai.s
27.5
I
442.6 464.8 495.0 499.1 507. 1 516.6 524.9 535.9
Personal income.
296.1 311.2 333. 5 336.8 342.6 349.8 355. 0 360.9
240.1 251. 6 269. 2 271.7 276.5 282.9 287.3 291. 9
12.3
10.8 10.8 11.7 11.7 11.9 11.8
45.2 48.8 52.6 53.3 54.3 55.0 55.9 56.7
Supplements to wages and salaries.
Employer contributions for
social insurance
Other labor income
Employer contributions
to private pension and
welfare funds _
Other
IV
Seasonally adjusted at annual
rates
_ _ 323.6 341.0 365.3 369.0 375.4 383.1 388.7 395.2
Wages and salaries _ _
Private
Military
Government civilian
1965
.2 -1.0 -1.4 -1.7 -1.1
15.4
15.7
16.1
16.7
16.4
1. Third quarter 1965 national income total and the corporate profits share are based on
preliminary estimates and are subject to revision in next month's SURVEY.
13.9
14.8
16.5
16.7
17.1
17.3
17.5
17.7
Proprietors' income
Business and professional...
Farm _
50.1
37.1
13.0
50.8
37.8
13.0
51.1
39.1
12.0
51.4
39.4
12.0
51.8
39.6
12.2
51.9
39.9
12.0
54.6
40.1
14.5
54.6
40.4
14.2
Rental income of persons
Dividends
74.4
29.6
44.8
18.6
26. 2
Other labor income
16.7
15.2
17.6
15.8
18.2
17.2
18.3
17.4
18.5
17.7
18.5
17.8
18.6
18.2
18.6
18.6
27.7
31.1
34.3
34.8
35.3
36.0
36.7
37.5
33.3
35.2
36.6
36.4
36.7
38.4
37.5
41.2
14.3
15.2
16.0
16.1
16.3
16.6
16.6
20.4
2.9
4.8
11.2
2.8
5.0
12.1
2.6
5.3
12.7
2.5
5.3
12. 5
2.4
5.3
12.7
?.4
5.5
13.9
9.2
5.6
13.1
2.2
5.6
13.1
10.3
11.8
12.4
12.5
12.7
13.1
13.1
13.4
Personal interest income
*.
Transfer payments
Old-age and survivors insurance benefits
State unemployment insurance benefits
__-.
Veterans' benefits
Other
Less: Personal contributions for
social insurance
Less: Personal tax and nontax payments
_
57.4 60.9 59.2 58.8 60.7 64.8 66.0 64.6
Equals: Disposable personal income... 385.3 403.8 435.8 440.3 446.4 451.9 458.9 471.3
363.7 383.4 409.5 415.3 416.9 428. 1 436.0 444.1
Less: Personal outlays
Personal consumption ex355.1 373.8 398.9 404.6 405.9 416.9 424.4 432.2
penditures
8.1 9.0 10.0 10.2 10.4 10.6 11.0 11.3
Interest paid by consumers.
Personal transfer payments
.6
.6
.6
.6
.6
.5
.5
to foreigners
•6
21.6 20.4 26.3 25.0 29.5 23.8 23.0 27.2
Equals: Personal saving
Addendum: Disposable personal income in constant (1958) dollars
367.6 380.6 406.5 410.7 414.5 418.4 422.2 432.4
Table 4.—Gross National Product by Major Type of Product in Current and Constant Dollars
1962
1963
1964
III
iy
I
II
1965
1964
1965
1964
III
1962
1963
1964
III
IV
I
II
III
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Billions of 1958 dollars
Billions of current dollars
Gross national product. __
560.3
589.2
628.7
634.8
641.1
656.4
665.9
677.5
530.0
550.0
577.6
582.6
584.7
597.5
601. 4
609.7
Final sales
Inventory change
554.3
6.0
583.5
5.7
623.9
4.8
631.0
3.8
633.6
7.5
647.6
8.7
659.2
6.7
671.3
6.1
524.0
6.0
544.4
5.7
573.0
4.6
578.8
3.8
577.7
7.1
589.0
8.6
595.0
6.5
603.9
5.8
284.5
296.8
316.1
319.8
323.3
332.6
337.2
344.3
277.5
288.3
304.6
308.4
310.2
319.2
321.0
327.7
310. 7
8.6
314. 5
6.5
321.9
5.8
Goods output _ _ _
Final sales
Inventory change
278. 5
6.0
_
Nondurable goods output
Final sales
Inventory change
Services
Construction
'__
Addendum: Auto product
_
, 316. 0
3.8
315. 8
7.5
323. 8
8.7
330.5
6.7
338. 2
6.1
271. 5
6.0
282.6
5.7
300.0
4.6
304.7
3.8
109.0
106.2
2.8
_
311.3
4.8
115.9
113.1
2.8
126. 1
122.8
3.3
128.1
125.4
2.7
128.8
124.3
4.4
138.1
130.9
7.1
138.5
132.3
6.2
141.8
136.0
5.9
107. 0
104.1
2.8
114.0
111.2
2.8
123.1
120.0
3.1
125. 2
122.5
2.7
125.5
121.2
4.3
134. 6
127.6
7.0
134. 4
128.4
6.0
138.6
133.0
5.6
175.5
172.2
3.2
181.0
178.1
2.9
190.0
188.4
1.5
191.7
190.6
1.1
194.6
191.5
3.1
194.5
192.9
1.6
198.7
198. 2
.5
202. 5
202.3
.2
170.5
167. 4
3.1
174.3
171. 4
2.9
181.5
180.0
1.5
183.2
182.1
1.1
184.7
181.9
2.8
184. 6
183. 0
1.6
186.6
186.1
.5
189.1
188.8
.3
213.3
Durable goods output
Final sales.
Inventory change
291.1
5.7
303. 1
7.1
226.9
244.0
246.4
249.7
254.2
257.8
262.0
193.7
201.5
211.5
213.0
214.3
216.8
218.3
220.7
62.6
65.5
68.6
68.6
68.1
69.6
70.9
71.1
58.8
60.2
61.4
61.1
60.3
61.5
62.1
61.3
22.5
25.0
25.9
26.4
23.4
32.3
31.1
30.6
22.0
24.7
25.5
25.9
23.2
31.9
30.8
30.7
SURVEY OF CUERENT BUSINESS
8
Table 5. —Relation of Gross National Product, National Income,
and Personal Income
November 1965
Table 7. —Personal Consumption
Expenditures by
Major Type
[Billions of dollars]
[Billions of dollars]
1964
1964
1962
1963 , 1964
III
1965
1965
IV
I
1962
II
1963
1964
III
III
IV
I
II
III
Seasonally adjusted at annual
rates
Seasonally adjusted at annual
rates
Personal consumption expenditures. 355.1 373.8 398.9 404.6 405.9 416.9 424.4 432.2
560.3 589.2 628.7 634.8 641.1 656. 4 665.9 677.5
Gross national product
Less: Capital consumption allowances.
Equals: Net national product
52.8
55.7
56.1
56.9
57.7
58.3
59.1
510.4 536.5 573.0 578.6 584.3 598.6 607.6 618.4
Less: Indirect business tax and nontax
liability —
Business transfer payments
Statistical discrepancy.. .
Plus: Subsidies less current surplus of
government enterprises
Equals: National income
51.5
2.1
.5
54.6
2.2
-.7
58.0
2.3
-.5
1.4
.7
1.2
58.8 59.3 60.7 61.0 61.6
2.3
2.4
2.3
2.3
2.3
-.7 -2.2 -4.2 -4.6 1-2.8
1.3
1.5
1.5
1.5
1.2
457.7 481.1 514.4 519.5 526.3 541.4 550.3 i 558.4
Less: Corporate profits and inventory
valuation adjustment
Contributions for social insurance ._
__.
Wage accruals less disbursements
-.
Plus: Government transfer payments
to persons
Interest paid by government
(net) and by consumers
Dividends
Business transfer payments
Equals: Personal income
1
50.0
Durable goods
- Automobiles and parts
Furniture and household equipment
__
Other
49.5
22.0
53.4
24.3
58.7
25.8
60.5
27.1
57.9
24.8
63.9
29.7
63.7
28.9
65.0
29.8
20.5
6.9
21.9
7.3
24.7
8.2
25.0
8.4
24.8
8.3
25.3
8.8
25.6
9.1
26.1
9.2
Nondurable goods
Food arid beverages
Clothing and shoes
Gasoline and oil
Other
_ _ _ _ 162.6 168.0 177.5 179.8 180.9 183.0 187.6 191.1
85.7 88.2 92.3 93.3 94.1 94.9 97.2 99.3
29.6 30.5 33.3 33.8 34.0 34.3 35.0 35.7
12.9 13.5 14.0 14.0 14.2 14.2 14.7 14.8
34.4 35.8 37.8 38.7 38.6 39.7 40.7 41.2
Services
Housing
Household operation
Transportation
Other
143.0 152.3 162.6 164.3 167.1 170.0 173.1 176. 1
52.0 55.5 59.5 60.1 61.4 62.7 64.0 65.3
22.0 23.1 24.4 24.8 24.8 24.9 25.3 25.9
11.0 11.4 11.7 11.8 11.9 12.0 12.1 12.2
58.0 62.3 67.0 67.6 69.1 70.4 71.6 72.6
55.7
58.1
64.5
65.5
64.9
71.7
72.0 173.3
24.0
26.8
27.8
28.0
28.4
29.1
29.4
29.9
.0
.0
.0
.1
-.1
.0
.0
.0
31.2
33.0
34.2
34.1
34.4
36.0
35.1
38.9
Table 8.—Foreign Transactions in the National Income and Product
Accounts
16.1
15.2
2.1
17.5
15.8
2.2
19.1
17.2
2.3
19.4
17.4
2.3
19.5
17.7
2.4
19.9
17.8
2.3
20.4
18.2
2.3
20.8
18.6
2.3
[Billions of dollars]
442.6 464.8 495.0 499.1 507.1 516.6 524.9 535.9
1964
See footnote table 2.
1962
1963
1964
1965
III
IV
I
II
III
Seasonally adjusted at annual
rates
Table 6.—Government Receipts and Expenditures
[Billions of dollars]
__ 30.3
1962
1963
1964
III
1965
IV
I
II
32.4
37.0
37.3
38.4
34.8
39.8
30.3
32.4
37.0
37.3
38.4
34.8
39.8
40.0
30.3
32.4
37.0
37.3
38.4
34.8
39.8
40.0
25.1
Receipts from foreigners
1964
26.4
28.5
28.5
29.5
28.6
32.3
31.8
2.7
.5
2.2
2.8
.6
2.2
2.7
.6
2.2
2.7
.5
2.1
2.7
.6
2.1
2.6
.6
2.0
2.9
.6
2.3
2.8
.6
2.2
2.5
3.2
5.8
6.1
6.2
3.6
4.7
5.3
E xports of goods and services
III
Payments to foreigners
Imports of goods and services
Seasonally adjusted at annual
rates
Federal Government receipts .
Personal tax and nontax receipts _ _
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Contributions for social insurance-
106.4 114.3 114.5 114.6 116.8 122.7 123.7 1122.1
48.6 51.5 48.6 48.1 49.8 53.5 54.6 1 53.0
22.7 24.5 26.0 26.2 26.5 27.4 27.6
27. 9
14.6
20.5
15.3
23.0
16.1
23.7
16.4
23.9
16.4
24.2
16.8
24.9
Transfers to foreigners.
Personal
Government
__
_ _ _
-
_ __
Net foreign investment
16.3
25.1
15.7
25.5
Federal Government expenditures
110.3 114.0 118.3 118.2 117.9 120.2 120.8
Purchases of goods and services. __ 63.4 64.4 65.3 64.9 64.3 64.9 65.9
126.2
67.1
40.0
Table 9.—Sources and Uses of Gross Saving
[Billions of dollars]
Transfer payments
To persons.
To foreigners (net)
27.7
25.5
2.2
29.2
27.0
2.2
29.9
27.8
2.2
29.7
27.6
2.1
29.8
27.7
2.1
31.2
29.2
2.0
30.5
28.2
2.3
34.1
31.9
2.2
Grants-in-aid to State and local
governments
8.0
9.1
10.4
10.6
10.8
10.8
11.0
11.7
Net interest paid.
7.2
7.8
8.4
8.5
8.4
8.6
8.7
8.8
Subsidies less current surplus of
government enterprises...
4.0
3.6
4.3
4.4
4.7
4.7
4.7
4. .5
Surplus or deficit (— ) on income and
product account
-3.8
.3 -3.8 -3.6 -1.1
2.5
2.8 1-4.1
State and local government receipts. .. 58.6
63.1
68.6
69.5
70.5
71.8
73.1 i 75.3
Personal tax and nor tax receipts. _ 8.7
Corporate profits tax accurals
1.4
Indirect business tax and nontax
accruals
36.9
Contributions for social insurance. 3.5
Federal grants-in-aid .
8.0
9.5
1.5
10.6
1.6
10.7
1.6
10.9
1.6
11.2
1.7
11.4
1.7
11.6
11.7
State and local government expenditures
Purchases of goods and services
Transfer payments to persons
Net interest paid
Less: Current surplus of government enterprises
Surplus or deficit (— ) on income
and product account
1
See footnote table 2.
39.2
3.8
9.1
41.9
4.1
10.4
42.4
4.1
10.6
42.9
4.2
10.8
43.8
4.2
10.8
44.7
4.3
11.0
45.9
4.4
11.7
57.6
62.2
67.2
67.9
68.6
70.4
71.3
72.3
53.7
5.7
.8
58.3
6.0
.8
63.1
6.5
.8
63.8
6.5
.8
64.3
6.6
.8
66.0
6.8
.7
67.0
6.9
.7
68.1
6.9
.7
2.6
2.8
3.1
3.1
3.1
3.2
3.2
3.3
.9
.9
1.4
1.5
1.9
1.4
1.8
12.9
1964
1962
1963
1964
III
1965
IV
I
II
HI
Seasonally adjusted at annual
rates
Gross private saving
_ _ _
Personal saving
Undistributed corporate profits
Corporate inventory valuation
adjustment
_ _ __ . _ _
Corporate capital consumption
allowances
. _ _ '_ _ _
Noncorporate capital consumption allowances
Wage accruals less disbursements _ _
87.9
21.6
16.0
Statistical discrepancy
i See footnote table 2.
.2 -1.0 -1.4 -1.7 -1.1
.3
-.4
-.3
30.1
32.0
34.0
34.3
34.8
35.4
35.8
36.3
19.9
.0
20.8
.0
21.7
.0
21.8
.1
22.1
-.1
22.3
.0
22.5
.0
22.8
.0
.8
1.2 -2.4 -2.1
.3 -3.8 -3.6 -1.1
1.9
1.5
.9
1.4
3.9
2.5
1-4
Government surplus on income and
product account. _ _ __ - _ _ _ -2.9
-3.8
Federal
.9
State and local
Gross investment
Gross private domestic investment
Net foreign investment
89.5 101.7 101.5 105.3 106.3 105.7 i 111.3
20.4 26.3 25.0 29.5 23.8 23.0 27.2
16.8 19.9 20.1 20.0 26.2 26.1 126.2
4.7 l-1.2
2.8 -4.1
2.9
1.8
85.5
90.0
98.7
98.7 103.9 106.0 105.8 107.3
83.0
2.5
86.9
3.2
92.9
5.8
92.6
6.1
.5
-.7
-.5
-.7 -2.2 -4.2 -4.6 i -2.8
97.7 102.4 101.1 102.0
3.6
5.3
6.2
4.7
by JOHN A. GORMAN and PAUL E. SHEA
Recent Financial Developments
JL HE investment expansion that
started about 5 years ago has continued in 1965. By the third quarter,
gross private domestic investment was
$9 billion above the 1964 rate. Most
of this advance was in nonresidential
fixed investment, which increased
through the first three quarters, continuing the steep rise that has been
underway for a few years. Third
quarter inventory accumulation, though
down from the peak of the first quarter
of 1965, was also above last year's pace.
In contrast, outlays on residential
structures were at about the same rate
as they were in the middle of 1964,
having fluctuated without any apparent trend since then. They are still
,a little below the peaks reached early
last year. Net foreign investment was
somewhat lower this year than last.
The rise in private investment was
matched by a rise in private saving from
1964 to the third quarter of this year.
Undistributed corporate profits rose
$6 billion—mostly during the first
half—and accounted for two-thirds of
the advance. The corporate cash flow
was augmented by a $2% billion advance
in capital consumption allowances.
Personal saving, which had been low
during the first half, moved up sharply
in the third quarter, to a volume about
$1 billion above the 1964 rate.
The difference between Federal receipts and expenditures on income and
product account displayed a pattern
just the opposite of that shown by
personal saving. During the first half
of 1965, the Federal Government
showed a surplus averaging $2}£ billion
(annual rate); during the third quarter,
it ran a deficit of $4 billion. To a
large extent, these swings in personal
saving and the budget position were
closely related. Early in the year,
791-025 O - 65 - 2
higher personal tax settlements on 1964
incomes boosted the Government surplus and held down the rise in disposable income and savings; in the third
quarter, the cessation of these settlements and the retroactive Social Security payment tended to raise personal
saving while increasing the Government deficit.
CHART 7
Interest Rates
Long-term rates have moved up this year
Percent
5.00
4.75
Newly Issued Corporate Aa Bonds
(Seasonally Adjusted)
4.50
U.S. Treasury Taxable Bonds
4.25
4.00
I I I I I I I I I I I I I I I I 1 I ! I I I
short-term rates peaked early in the year
4.75
4.50
Prime Commercial Paper
(4-6 months)
4.25
4.00
3.75
U.S. Treasury Bills
(New Issues)
3.50
3.25
I I
I I
I I I I I 1 I I
I I I I ! I
1964
I I I I I
1965
Data: Treas., FHA, Moody's & FRB
U.S. Department of Commerce, Office of Business Economics
65-11-7
Contrast with earlier expansions
The investment expansion, together
with increases in consumer purchases
of autos and other durable goods, led
to a marked rise in the demand for
credit, which was largely accommodated
at stable or slightly rising interest rates.
This is in marked contrast to developments during previous periods of investment growth, for example, those of
1955-57 and 1959-60, when increased
credit demands were accompanied by
sharp increases in interest rates.
The comparative stability of interest
rates during the economic advance
that started in 1961 has reflected two
major developments that differ from
earlier experience: Corporate internal
funds have advanced almost without
interruption, and monetary policy has
been more oriented toward keeping
interest rates stable.
Corporate profits before taxes have
risen almost every quarter during the
past 5 years, whereas profits peaked
rather early in previous expansions.
The beneficial effects of this profit
performance on internal funds were
enhanced by the liberalization of tax
depreciation regulations, by the tax
credit on new investment, and by reductions in corporate tax rates. Although
dividends were increased substantially
over this period, internal funds rose
$24 billion from early 1961 through the
summer of this year.
Over most of the current economic expansion, the rapid growth in corporate
investment has lagged behind the rise
in internal funds, corporation borrowing
has been limited, and liquid assets
have been well maintained. In contrast, earlier economic expansions were
characterized by a rise in investment
9
SURVEY OF CURRENT BUSINESS
10
November 1965
Table 1.—Sources and Uses of Funds, Nonfarm Nonfinancial Corporate Business, Annually, 1946-64
(Billions of dollars)
1
I
h3
1
2
3
4
5
6
7
g
g
10
11
12
13
14
15
16
17
18
19
1946
- - -
• _ _ _
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
27 2
27 1
18 7
41 5
38 7
31 5
29 4
29 1
53 6
47 2
42 0
42 1
55 5
47 3
54 5
61 0
63 6
68 0
23 3 29 2 28 9 30 6
9 o 13 9 13 2 11 8
— 3 — 1 7 —2 7 — 1 5
14.6 17.0 18.4 20.3
29 5
83
— 3
21.4
35 0
12 6
— 5
22 9
34 4
10 0
2
24.2
35
10
—
25
6
2
1
4
41 8
12 4
3
29 2
44 3
13 8
— 4
31 0
49
16
—
32
20 6 12 9
16
2 2
3.5
3.0
7
12
31 13
.4
1.0
4.6
3.2
2.2 -2.2
38
39
18 9
25
4.6
17
(*)
.3
6.7
1.7
14
19 2
6
4.6
29
2 4
7
3.8
.4
38
19 3
_ 3
3.9
34
28
5
5.3
1.8
19
18 6
14
4 0
34
34
13
24
.2
25
—
52 8
14.6
1.2
2.8
9
2 3
.1
3.7
2.3
1.3
21.7
30.7
26.1
14.3
17.6
10.9
.7
6.0
16.7
14.6
g
1.2
19.8 14.0
17.2 14.8
.9
.5
2.1 -1.7
4.1 14.0
—4.6
1.1
1.1 2.2
_
(*)
(*)
-5.8 -1 ?
.1
__.
.1
.6
.6
3.4
5.9
4.7
6.3
6.3
.4
1.1
3.2
1.1
.2
(*)
(*)
.7
2.0
.2
.2
.4
.5
2.1 -1.8
2.6 -1.5
Uses total
Purchases of physical assets
Nonresidential fixed investment . _
Residential structures
Change in business inventories
_ _
_ ._ _
_ _ _ _ _
Discrepancy (uses less sources)
-4.4
4
7
3
9
18.8 10 4
1.9
23
3.3
4.7
5
2
38
17
1.2 (*)
2.2
2.0
4.7 -3.3
25
1.5
8.3
5 8 24 5 18 3 11.4 12 6
2.4
2.3
1 8 1 6 1.9
21
3.4
3.6
6.3
3.5
2.8
5.7
3
7
7
4
3
12
— 4 —1 0
34
48
12 — 7
9
.7
.2
(*)
(*)
(*)
.6
2.3
5.3
.4
8.5
4.4
.3 -3.0
4.2 -2.0 -2.3 -2.3
2.2
3.9
2.4
21
18 3 0
43.4
35 9
27 6
26 3
50 7
44 9
40 7
52 1
56 0
60 5
64 5
22.2
15.8
1.5
4.8
28.9
20.1
2
8.6
23.4
20.6
6
2.2
23.6 20.5 29.7
22.3 21.4 24.0
1l
.7
.5
4.9
.8 -1.9
35.0
29.7
.4
4.9
33. 8 26.5 35.1 36.7 34.9
32.6 27.5 29.2 32.5 31.1
.7
15 17 12 2 3
.6 —2.5
4.1 3.0
1.5
42.0
34.3
30
4.7
43.6
35.7
37
4.2
49.6
41.3
37
4.6
21.2
4.4
1.5
(*)
2.9
(*)
' '8
10.2
5.7
7.0
3.0
1.8
(*)
q
.3
.5
1.8
1.7
4.1
.3
.8
(*)
-.7
.3
8
3.5
-.5
9.9
2.7
6.3 21.0
1.9 -.2
5.2 -4.2
.1 2.1 1.0
.2
2 — 1
(*)
(*)
1.6 -2.3 4.2 -4.5
.1
.1
.2 —.2
.7
.4
2
3
7.6
-.7 4.7 10.9
1.2 ' 1.4 4.0
6.0
8.5 —.4 23.6
1.3
1.4
1.0
2.9
4.3
1.6
5 10
3
.5 —1.6
2.8
.3
.5
.9
.8 -2.2
7.6
.9 -2.4
7.5
.3
.6.
.8
3.5 -1.0
4.8
21 2 21 1
9 0 93
1 0 —10
11 2 12.9
19 1 17 9 19.9
9 5 14 3 11 1
1 9 —5 0 — 1 2
7.8
8.6 10.0
9.1
1.1
1.0
.8
_ _ _ _ _ _
2.9
(*)
3.1
-1.9
-—
2.1
.
2
20 Increase in financial assets
Liquid assets
21
Demand deposits and currency
22
Time deposits
23
U . S G o ver nment securities
24
Finance company paper
?fi
26
Consumer credit
27
Trade credit
?8
Otherf i n a n c i a lassets . . _ _ _
9q
1949
7 8 12 6 18 7
8 5 12 8 14 0
—5 3 - 5 9 —2 2
4.6
6.8
5.7
Internal sources ^
Undistributed profits *
Corporate inventory valuation adjustment
Capital consumption allowances 1
External sources
Stocks
_
Bonds
Mortgages
Bank loans, n e e
Other loans Trade debt
Profits tax liability
Other liabilities
1948
16 9
Sources total
1947
1.9 -2.8
26 9
-3.1 -2.2
-4.0
-2.9 -2.3
40 9
6.8
— 2
(*)
(*)
-.4
.3
.2
3.0
3.7
-1.3
42 5
14.4 17.7
5.8
2.4
5.6 -4.1
-1.5 -1.0 —.5
9 — 4
13
6.6 -5.4
(*)
n5 .5 .6
.8
.2
7.5
6.9
6.3
3.5
3.6
3.7
-1.2
-2.8
17.2 14.0 16.9 14.9
2.4
3.3
3.0
.5
1.6 -2.3 -1.9 -2.6
1.9
39 32
37
.4 -1.5
-.3
.2
.1
.7
.8
1.4
.7
.9
.1
10
8.9
9.4
7.8
8.0
4.4
5.2
2.9
4.5
-4.8 -2.4
-5.0 -3.1 -3.5
Table 1.—Sources and Uses of Funds, Nonfarm Nonfinancial Corporate Business, Seasonally Adjusted Quarterly Totals at Annual Rates,
1957-60
Line No. i
(Billions of dollars)
1
2
3
4
5
6
7
9
9
10
11
12
13
14
15
16
17
18
19
1957
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
50.2
44.0
42.2
31.6
28.4
38.2
49.0
52.8
58.4
66.4
44.0
53.3
57.8
48.7
42.1
4«.7
30.4
30.8
31.1
29.9
26.9
27.8
30.1
33.1
34.1
36.5
34.1
35.2
36.0
35.2
34.1
32.4
14.1
-3.0
19.3
11.9
—1 1
20.0
11.8
—1 4
20.6
9.4
— 7
21.2
6.8
—1 2
21.3
6.0
.7
21.2
8.6
(*)
21.5
11.9
—.6
21.8
13.2
-1.0
22.0
15.0
-1.3
22.8
11.4
-.3
23.0
10.7
.8
23.8
13.1
-1.3
24.2
10.9
.1
24.1
8.8
1.0
24.2
7.2
.9
24.2
External sources
Stocks.
Bonds
Mortgages
"Rank loans, n e C
Other loans
Trade debt
Profits tax liability
Other liabilities
19.7
3.0
6.5
2
2.6
1.0
4.5
-.4
2.5
13.2
3.7
5.9
1
3.5
.5
1.1
-3,2
1.4
11.1
1.2
6.6
5
-.5
.6
.6
-1.0
3.2
1.7
1.9
6.2
g
-.8
.6
-4.7
-4.6
2.5
1.4
1.0
8.1
g
-2.3
1.2
-1.4
-6.7
.9
10.4
3.6
4.1
3
-2.6
—.2
6.0
-5.0
3.7
18.9
1.9
6.1
13
-.2
-.6
9.4
.4
.7
19.7
1.8
4.4
19
2.2
.4
3.7
2,1
3.1
24.3
2.1
3.0
15
1.7
.2
7.4
4.9
3.5
30.0
3.1
2.9
16
4.6
.8
5.4
7.1
4.4
9.9
1.2
2.6
10
4.1
.7
-1.0
-L5
2.7
18.1
2.5
3.2
.5
2.1
-.3
6.9
-1.7
4.8
21.8
1.5
2.7
g
5.0
1.3
6.7
-1.9
5.5
13.5
2.0
2.9
.6
1,0
2.1
2.4
-3.4
5,8
8.1
1.8
3.9
.8
-1.0
-.4
3.9
-3.2
2.4
8.3
1.0
4.2
.5
.3
.9
-.4
-.3
2.0
Uses, total
48.5
42.6
41.5
30.0
26.0
36.1
47.9
53.6
55.4
63.7
43.2
48.8
54.7
36.7
43.2
35.4
35.2
32.1
.5
2.6
34.0
32,1
.6
1.3
34.9
33.5
.8
.6
31.2
32.5
1.0
-2.2
25.3
29.5
.9
-5.0
23.8
27.1
1.0
-4.3
25.6
26.3
1.7
-2.3
31.1
27.4
2.2
1.6
34.5
27.9
2.4
4.3
39.6
28.8
1.8
9.0
29.8
29.9
1.5
-1.6
36.2
30.0
1.3
4.9
43.7
32.1
1.6
10.1
37.4
32.8
.8
3.8
33.9
32.4
1.0
.5
31.9
32.7
1.4
-2.3
13.3
3.7
1.6
.(*)•
1.8
.2
.6
5.4
3.5
8.7
-1.6
-1.5
(*)
.3
—.4
i
3! 6
6.7
6.6
-.8
.7
(*)
-1.7
.2
.2
2.6
4.5
-1.3
-1.9
-.8
(*)
-2.1
1.0
(*)
.3
.1
.7
-1.0
-.2
2.2
-3.3
.3
-.2
-1.4
2.7
12.3
-.3
1.6
2.2
-4.0
-.1
.1
9.8
2.2
22.3
3.1
3.0
-.4
.7
-.1
1.2
14.5
3.0
22.5
7.9
1.5
-.4
6.8
(*)
20.9
5.7
-.5
-.4
6.7
-.1
.7
9.3
3.7
24.1
9.4
.3
-.4
8.6
.9
.8
8.4
4.4
13.3
7.7
-2.1
—.4
9.6
.5
1.0
.6
3.9
12.5
-.1
-1.8
-.4
1.4
.6
.6
9.2
2.9
11.0
-3.0
.6
9.3
-.7
-4.6 -3.7
.7
-.6
2.0
(*)
-4.1 -6.7
.3
.1
.5 (*)
7.0
3.9
6.9
-.2
3.5
-4.8
-2.6
3.5
-5.5
-.3
.4
6.0
2.8
-1.6
-1.3
-.7
-1.7
-2.4
-2.1
-1.1
-3.0
-2.8
-.8
-4.5
-3.1 -12.0
Sources, total
Internal sources 1
Undistributed profits 1
. _ _
Corporate inventory valuation adjustment
__ _
Capital consumption allowances 1
Purchases o f physical assets
Nonresidential fixed investment.
Residential structures -1
Change in business inventories
20 Increase in financial assets 2
21
Liquid assets
22
Demand deposits and currency
23
Time deposits
24
U.S. Government securities
25
Finance corrpany paper
26
Consumer credit
__
27
Trade credit
28
Otherf i n a n c i a lassets
29
1960
1959
1958
'.
_.
_ _ _
Discrepancy (uses less sources)
Source: Board of Governors of the Federal Reserve System.
*Less than $50 million.
7!o
6.5
.8
_
A
-5! 4
2.2
(*)
8.3
4.5
1.1
-5.3
i The figures shown here for "internal sources," "undistributed profits," and "capital consumption allowances" differ from those shown for "cash flow, net of dividends," "undistributed
profits" and "capital consumption allowances" in the corporate gross product table (pages 52
SURVEY OF CUREENT BUSINESS
November 1965
11
Table 1.—Sources and Uses of Funds, Nonfinaneial Nonfarm Corporate Business, Annually, 1952-56
1952
I
1954
1953
II
III
IV
I
II
III
IV
32.4
22.4
34.0
37.3
35.0
35.4
26.7
21.9
10.6
.5
10.8
20.3
7.4
1.8
11.1
20.1
8.7
.1
11.3
22.3
9.1
1.5
11.7
22.7
11.4
-.7
12.0
21 .4
10.1
-1.2
12.6
21.2
10. 8
-2.7
13.1
10.5
2.2
4.7
.6
2.6
.2
-.3
-3.5
4.0
2.1
2.6
5.3
.4
-.4
-.2
-2.6
-5.8
2.8
13.9
1.6
5.1
.4
.5
.3
6.4
-2.9
2.5
15.0
2.8
3.6
.5
3.9
-.1
4.4
-1.1
.9
12.3
2.1
3.3
.4
.4
-.4
4.5
1.3
•7
14.0
2.3
3.3
.3
()
*
.2
1.2
3.0
3.7
28.2
18.7
29.6
33.7
32.7
24.5
20.7
.7
3.2
21.3
21.3
.7
-.7
22.3
19.5
.5
2.4
25.7
20.9
.7
4.1
24.4
21.5
.6
2.3
3.7
1.8
4.1
()
*
-2.5
.2
.3
2.1
-.5
-2.6
.1
-1.5
()
*
.9
.7
1.2
-1.1
-2.9
7.3
-.4
1.1
()
*
-1.8
.3
.7
7.8
-1.1
8.0
-.3
-.7
()
*
.4
()
*
.8
5.1
2.3
-4.2
-3.7
-4.5
-3.5
1955
I
II
III
IV
20.6
22.9
23.9
31.0
38.5
19.3
4.9
.7
13.7
21.4
7.9
—.5
13.9
23.0
8.6
.1
14.3
23.5
9.6
-.8
14.8
25.5
10.1
()
*
15.4
5.5
1.2
2.5
.1
.6
.8
-2.4
1.2
1.5
1.3
1.6
4.2
.3
-2.7
-.5
-.8
-4.1
3.1
1.5
3.0
3.5
.3
-1.3
.
.1
-.4
-6.4
2.8
1.0
2.0
3.2
.7
-2.0
-.4
.7
-3.0
-.3
7.5
.5
5.6
1.0
-.7
-.2
1.1
-2.0
2.3
31.5
24.8
16.2
19. 7
22.3
26.5
22.0
.6
3.9
24.1
22.8
.3
1.0
19.4
22.8
.5
-3.9
19.8
21.6
.7
-2.5
19.3
21.1
1.1
-2.9
8.3
2.3
-1.6
()
*
4.0
-.1
.3
4.1
1.5
5.0
3.1
3.7
()
*
-.4
-.3
.3
.9
,7
.7
2.4
-1.0
()
*
2.8
.6
.2
-3.9
1.9
-3.2
— 2
-.6
()
*
-.1
.5
.2
-3.9
.6
-.1
-2.8
-1.0
.2
-1.9
-.1
.3
1.2
1.0
-2.3
-3.9
-1.9
-4.3
-3.2
I
1956
I
II
62.2
45.7
29.7
14.3
-2.4
17.8
28.8
13.7
-3.2
18.3
32.5
3.2
4.8
.1
4.7
.5
12.9
2.6
3.7
50.7
31.0
25.0
.6
5.4
21.5
4.1
-.3
-.1
4.6
()
*
.7
11.1
5.3
II
III
51.8
48.0
52.7
28.5
13.9
'-1.4
16.1
29.4
13.3
-.6
16.7
29.0
14. 2
-2.5
17.4
13.1
.8
•1.7
1.0
.1
-.2
7.8
-.6
2.5
23.2
2.5
2.2
1.0
1.2
-.3
9.2
5.8
1.6
18.6
.9
2.3
1.0
3.1
.3
2.1
5.1
3.9
23.6
1.3
2.1
.6
4.8
-.7
9.8
3.1
2.7
28.9
36.6
48.2
45.5
20.0
21.4
1.3
-2.7
23.1
21 A
1.2
.4
25.9
21.3
1.5
3.1
24.9
22.8
.8
1.4
2.9
-2.9
3.6
.2
-6.4
-.3
.2
4.1
1.3
8.9
3.6
3.1
.2
.4
—.1
.2
3.4
1.6
13.5
1.3
2.6
.2
-1.4
-.1
.4
10.0
1.7
22.3
9.3
5.5
-.1
4.2
-.3
.8
11.1
.8
20.6
6.8
-.7
-.1
6.8
.7
.6
8.9
4.2
19.7
.5
-.4
-.1
1.2
-.2
.6
12.6
5.8
-1.7
-2.1
-1.9
-3.6
-2.5
-1.9
IV
Line No.
(Billions of dollars)
III
IV
45.4
47.5
50.3
1
28.6
13. 3
-3.1
18.4
29.4
12.4
-1.4
18.4
29.0
13.3
-3.0
18.7
2
3
17.0
2.1
2.1
.3
6.4
-.4
5.7
-3.9
4.6
16.8
1.0
3.7
.7
4.8
.3
5.8
-3.4
3.9
18.1
2.3
4.7
.3
3.7
.5
4.4
-2.2
4.3
21.3
3.7
4.0
.1
4.2
-.3
5.4
1.3
2.9
6
7
8
9
10
11
12
13
14
58.6
43.9
43.3
42.6
49.9
15
37.0
27.1
.2
9.8
34.4
27.8
.2
6.3
34.4
29.0
.6
4.8
35.6
30.7
.3
4.6
35.6
31. 3
.4
3.9
16
17
18
19
9.5
-5.4
()
*
()
*
-5.7
.3
.5
6.7
7.4
9.0
-5.9
-1.0
()
*
-5.0
.1
.1
7.7
6.9
7.0
-4.9
-.6
()
*
-4.7
.4
.8
7.6
3.4
14.3
-.5
2.3
()
*
-2.6
-.3
.2
8.3
6.2
20
21
22
23
24
25
26
27
28
-1.8
-2.1
-4.9
-4
.
29
-3.7
4
5
Table 1.—Sources and Uses of Funds, Nonfinaneial Nonfarm Corporate Business, Seasonally Adjusted Quarterly Totals at Annual Rates
1961-65
(Billions of dollars)
19 Bl
I
II
196 }
19 62
III
IV
I
II
III
I
IV
1965
1964
II
III
IV
I
III
II
IV
I
II
44.0
57.5
52.1
64 3
65 8
60 2
66 2
51 6
66 4
67 8
61 4
59 0
61 3
67.2
76 0
67 5
90 7
35.5
36.2
38.2
41 3
41 0
41 7
43 2
42 7
43 8
45 5
45 2
48 7
49 3
50 2
49 4
55 6
9.8
.5
25 3
10 9
-.3
25 6
12 5
— 3
26 1
12 6
— 1
28 8
12 0
(*)
29 0
12 3
1
29 3
12 7
9
29 7
12 4
2
30 1
13 9
— 9
30 8
14 1
2
31 3
14 6
—1 2
31 8
16 8
— 4
32 2
16 7
(*)
32 6
16 8
2
33 2
16 7
—1 0
33 7
22 7
—1 4
34 3
22 5
—1 7
34 7
11.7
2.7
2.8
1.2
.1
-.9
6.6
—1.2
.5
21.9
5.1
7.1
1.7
-2.3
1.4
6.8
1.9
.3
15.9
1.8
4.1
1.6
1.3
.9
2.4
2.3
1.3
26.1
2
4.5
2.1
.9
-.1
11.2
38
3.5
24 5
6
5.0
25
11
(*)
76
.6
7.1
19 2
9
5.6
30
26
17
30
.3
21
24 5
3
41
31
33
15
81
11
31
84
5
36
29
26
— 3
—3 6
— 6
31
23 7
(*\
23 9
(*)
34
34
26
12
66
31
37
15 9
3
36
36
19
7
35
14
9
13 8
—1 5
37
37
54
—1
3
g
12
12 6
26
36
26
15
3
32
6
11
17
3
3
3
4
2
—5
—
6
25 8
11
42
32
31
1i
90
— i
42
18 1
—1 5
43
37
78
11
32
9
—1 6
35 1
/*)
47
28
99
2
95
38
42
31.7
18
50
35
10 2
21
63
—1.3
42
3
55 5
76
—.1
24 7
IV
87 2
32 3
1
III
49
27
14
1
10 8
19
19
9
3
8
9
3
7
7
6
1
1
1
1
1
1
43.5
56.4
49.7
58.8
58.5
56.6
61 5
47 4
62 8
62 8
60 6
56 1
59 1
62 6
74 0
62 2
85 7
81 3
1
30.5
30.6
1.8
-1.9
33.8
30.3
2.1
1.3
36.3
31.3
2.4
2.6
38.9
32.2
2.7
4.1
42.2
33.5
2.7
6.0
42.5
34.2
3.2
5.1
42.4
35.1
33
4.0
40.7
34.2
29
3.6
42 2
34 5
35
4.3
42 4
35 1
38
3.5
44 1
36 0
37
4. 4
45 7
37 1
39
4.6
47 3
39 7
40
3.7
48
40
3
4
0
0
8
1
48 6
41 6
4
8
6
0
58 5
46 5
42
7.7
56.5
46.7
42
5.6
1
1
1
1
13.0
4.6
.5
5.3
g
-.4
-3.2
5.4
6. 3
22.6
7.1
3.5
1.4
22
(*)
1.1
12.1
2.4
13.4
1.6
1.3
2.2
—1.9
(*)
1.2
6.7
3.9
19.8
(*)
12
-1.4
_ 4
7
1.3
13.5
50
16.3
2.9
—5 1
7.0
9
2
.3
9.8
32
14 0
12
—3 1
36
2
6
15
85
28
19 0
34
5
7
2
23
9
11 5
32
2
g
15
22
20 5
1
—5 9
4 6
g
6
— 3
10 5
10 3
20 3
52
2
24
11
15
15
89
4 7
-.5
-1.1
-2.4
-5.5
-7.3
-3.7
—4 2
—3 6
-5 0
-4.8
6
2
—1
3
(*\
7
2
5
5
through 55 of. the September 1965 Survey) for the following reasons: (1) these figures include,
and the statistics in the corporate gross product table exclude, branch profits remitted from
net of corresponding U.S. remittances to foreigners; and (2) these figures exclude, and the
34
54
43
3
7
4
7
1
2
4
2
9
66
6 2
10
4
—
5
4
2
8
2
g
g
5
60
3
11 8
3
—7 2
6 4
2
10
2
6 7
45
14 7
31
21
14
24
20
17
55
43
25 4
50
2 i
15
2
16
9
14 4
51
77
—6 5
—7 5
34
—3 5
1i
10
90
4 2
27 2
—2 1
—4 9
83
—5 5
(*)
17
14 2
13 3
24.8
—1 7
—4 3
6 9
—4 9
6
4
12.4
13 8
9
?
?
?
?
?
?
?
?
— 8
—2 9
—2 2
—4 6
—2 0
—5.3
—5.1
-5.9
?
16
2
—1
3
corporate gross product figures include, the internal funds of corporations whose major
activity is farming.
2
Includes some categories not shown separately.
SURVEY OF CURRENT BUSINESS
12
outlays greater than the rise in internal users slackened after the threat of a
funds, by relatively heavy corporate steel strike disappeared. Lending to
consumers in 1965 has outpaced last
borrowing, and by reductions in hold
year's rate by a wide margin: $4%
ings of liquid assets.
Generally speaking, monetary policy billion as compared with $2% billion.
since 1961 has been oriented toward Purchases of State and local securities
providing sufficient funds to finance at $6% billion have been 80 percent
the rise in business activity; during above the 1964 pace. Real estate loans
earlier economic advances, there were increased almost $5 billion, slightly
shifts to tight money after the initial above the previous year's rate.
recovery periods. The current business
CHART 8
advance has been marked by record
expansions in bank credit, whereas
Bank Credit
during earlier economic rises the volume
Total credit creation still high but
of new bank credit declined.
off from first quarter peak
During the past 9 months, however,
there has been some reversion to past Billion $
patterns: The growth of corporate in- 10
CHANGE IN BANK LOANS
vestment outstripped the rise in internal
AND INVESTMENTS
funds; corporate borrowing increased,
and since late last year, monetary
policy has been somewhat less easy.
Monetary
ease
policy moves away from
A moderate increase in pressure on
bank reserve positions has been apparent this year. Although the volume
of bank credit supplied so far in 1965
has been 22 percent above the 1964
rate, new credit, though substantial,
has declined from the very high first
quarter peak.
The change in monetary policy has
permitted bank reserves to expand,
but not enough to match the increase in
total credit. Although Federal Reserve purchases of U.S. Government
securities through September were over
$2 billion as compared with less than
$1K billion in the corresponding period
of 1964, a $1K billion decline in the
gold stock and a $K billion increase in
currency in circulation absorbed the
funds supplied by the open-market
purchases. Borrowed reserves have
risen throughout the year and by
September had reached $627 million,
the highest since the end of 1959.
As compared with last year, business
loans have expanded very sharply in
1965: The $11K billion increase this
year (seasonally adjusted annual rate)
was almost twice the increase in all of
1964. The rate of advance slowed after
the adoption of voluntary guidelines on
foreign lending early in the year and as
steel inventory accumulation by steel
Business loans especially strong
LOANS
-2
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
Investment in tax-exempt securities
remains high
STATE AND LOCAL SECURITIES
Liquidation of U.S. Government
securities slows
U.S. GOVERNMENT SECURITIES
-6
i i
1960
i
I
i
i i I
61
i
i
62
i I
i
i
i I
63
i
64
65
Change From Preceding Quarter
Seasonally Adjusted
U.S. Department of Commerce, Office of Business Economics
ta: FRB
65-11-8
November 1965
As banks have met the enlarged
demands of their customers for credit
accommodation, bank holdings of U.S.
Government securities have been reduced by almost $7 billion so far in
1965, as compared with a decline of less
than $1 billion in 1964. In recent
months, the slackening in business loan
demands and a decline in bank investment in tax-exempt securities have
been reflected in a modest restoration of
bank holdings of U.S. Government
securities.
Corporation investment up
Corporate fixed and inventory investment has risen sharply this year. As
noted earlier, the increased investment
requirements have outstripped the rise
in internal funds, and corporations
have increased their borrowing.
Fixed investment expenditures this
year have risen more than $5 billion at
annual rates above the 1964 pace and
reached $53 billion at seasonally adjusted annual rates by the third
quarter. Manufacturers of both durable and nondurable goods have been
responsible for an unusually large part
of the increase. In contrast, investment
by corporations in apartment houses
has shown little increase from the rate
of the last 2 years.
Corporations have added about $6
billion (at annual rate) to their inventories so far in 1965; this compares
with an increase of $4 % billion in 1964.
The rate of accumulation was highest
in the first quarter and has since
moderated.
Direct investment abroad by U.S.
corporations rose in the first half of 1965
to an annual rate of over $4 billion. It
is expected that there will be a lower
rate of outflow in the second half of the
year.
Corporate before-tax profits have
risen sharply again this year. The
second phase of the reduction of Federal taxes has also increased after-tax
profits.
Since dividend payments,
though high, have grown little so far
this year, retained earnings have continued to expand, and so have capital
consumption allowances. These factors
combined have increased total internal
funds by $6 billion over 1964. Because
of the faster growth in investment,
November 1965
corporations have sharply increased
their borrowing. Early in the year,
bank loans amounted to about $10
billion at annual rates, but they have
since fallen as inventory accumulation
has declined.
Bond issues by corporations have
also been stepped up, reaching a pace
of almost $5% billion (net of retirements) in the first 9 months of 1965, as
compared with $4 billion in 1964. On
the other hand, stock issues, at under
$1 billion, have been about half of last
year's total. Mortgage borrowing has
been little changed from last year.
Liquid assets declined $2 billion in
the first half. The decline affected
mainly U.S. Government security holdings: Cash holdings—particularly time
deposits—have been well maintained.
The decline in holdings of liquid assets
has brought corporate liquidity ratios
to their lowest level since 1945.
Consumer finance
Consumers' investment patterns have
apparently changed somewhat in 1965.
Though total deposit accumulation has
been about the same as last year, there
has been an increased emphasis on bank
time deposits and less on savings and
loan shares. Purchases of corporate
'and tax-exempt bonds have moved up,
and corporate stocks have been sold on
balance. Although the stock market
has been extremely active this year,
evidence as to small investor participation is conflicting: Odd lot purchases
have risen less than total transactions;
mutual fund sales, however, have
moved ahead of market transactions.
Consumer installment credit has continued to rise. New installment credit
increased more than $7K billion at
annual rates in the first 9 months of
1965 compared to $5% billion in 1964.
The rise was concentrated in auto and
personal loans.
Mortgage financing has climbed
moderately from last year's pace. Although the number of homes sold was
unchanged from last year, the rising
price level of houses and selective
increases in loan-to-value ratios have
helped to raise new mortgage borrowing.
Government borrowing
Although there have been marked
shifts in the Federal budgetary position
SURVEY OF CURRENT BUSINESS
during 1965, they have had little
direct impact on money and capital
markets. The swing from surplus to
deficit in the Federal Budget was not
fully matched in Federal borrowing.
During the first half of the year, net
Federal debt outstanding fell by $3%
billion, and debt fell further during the
third quarter. The Federal Government built up its cash balances during
the period of surplus and drew them
down in the third quarter.
Treasury financing operations so far
this year have been marked by a
reliance on Treasury bills to raise cash.
However, there has been a moderate
lengthening of the average maturity
of the public debt because of an advance
refunding in January.
State and local governments stepped
up their borrowing during the first 9
months to an $11 billion annual rate,
as compared with $10K billion in 1964.
A substantial volume of these funds
entered into liquid assets held by State
and local governments, pending disbursal of the funds on public works.
Interest rates rise
The financial developments reviewed
in this report have contributed to a
moderate rise in most market interest
rates this year. Short-term rates, which
rose sharply in 1964, rose further early
in the year and have since fluctuated
around the levels reached then. After
a long period of comparative stability,
long-term yields moved up this summer.
In part, the different timing of movements in interest rates reflected different timing in demands for funds:
Inventory buying and associated shortterm fund demands were especially
large early in the year, whereas corporate bond issues were highest in the
summer.
However, expectations also played a
substantial role, particularly in the
summer rise in long-term rates. After
the enlargement of U.S. military participation in Vietnam during the summer, there were widespread expectations that credit demands—already
large because of the business expansion—would rise even more. In recent
weeks, the rise in market interest rates
has leveled off, as several Government
13
officials have indicated that prospective
economic developments did not require
higher interest rates.
Note on Revised Statistics on
the Sources and Uses of
Corporate Funds
Recent changes in definitions used in
the National Income and Product Accounts (prepared by the Office of
Business Economics) and in the Flow of
Funds Accounts (prepared by the
Board of Governors of the Federal
Reserve System) have brought these
two economic accounting systems into
closer definitional agreement than they
were in the past. A reconciliation of
the two systems is published in the
November 1965 issue of the Federal
Reserve Bulletin.
The estimates in the Flow of Funds
sector "nonfarm, nonfinancial corporations" are now conceptually equivalent
to what OBE would publish for such a
sector. OBE has therefore discontinued its previous series on the sources
and uses of corporate funds. For the
convenience of our readers, we present
the Flow of Funds data for this sector
in the sources and uses of funds format
on the following two pages, annually
from 1946 through 1964; and quarterly,
seasonally adjusted at annual rates,
from 1952 through the second quarter
of 1965. In the future, these statistics
will be published in the SURVEY as well
as in the Federal Reserve Bulletin.
The Flow of Funds series has a somewhat narrower industrial composition
than OBE's former statistics on the
sources and uses of corporate funds.
The Flow of Funds sector "nonfarm,
nonfinancial corporations7- excludes
farms, security and commodity brokers
and dealers, finance companies and
other credit agencies other than banks,
and open-end investment companies;
all of these groups were formerly included in OBE's statistics for the nonfinancial
sector. ,
.
•
The relation of these statistics to the
national income and product data published in the August 1965 SURVEY is as
follows: The items classified under "internal sources" represent the portion of
(Continued on page 24)
by SAMUEL PIZER and FREDERICK CUTLER
Financing and Sales oi Foreign Affiliates of U.S. Firms
JL HIS article presents and examines
the latest annual tabulations of the
statistics on sources and uses of funds
of foreign affiliates of U.S. companies
in the manufacturing, mining, and
CHART 9
Sources and Uses of Funds of Foreign
Affiliates of U.S. Companies1
Billion $
10
SOURCES
Total
10
USES
petroleum industries, and gives data
on the sales of the manufacturing and
mining affiliates. These data broaden
the information on the foreign operations of U.S. industry that appeared
in the September SURVEY. In that
article, data on net capital outflows,
earnings, income and royalty remittances, and book values were presented
on a basis that ties in closely with the
balance of payments accounts. Data
given in this article on sources and uses
of funds have a different focus; the
overall operations of the foreign affiliates rather than their relationship
with their U.S. parent company are
taken into account. There are also
certain differences in the accounting
procedures and the coverages of the
group of reporting companies. Some
reconciliations of the two sets of data
are given in the statistical note on
page 24. The September article also
contained a full discussion of the plant
and equipment expenditures of the
foreign affiliates; some of those data
are repeated in this article to round
out the tabulations of sources and
uses of funds.
billion) and rising depreciation charges
($0.3 billion). Retained e a r n i n g s
changed very little in the aggregate.
Funds front the United States
In 1964, about $1.5 billion or only 17
percent of the funds used by the
affiliates in the three major industries
(after income distributions) came from
the United States, somewhat less than
the proportion in the preceding few
years. The proportion for manufacturing affiliates was even less—14 percent.
These figures on U.S. financing are
lower than the capital outflows shown
CHART 10
Total Sales by Foreign Manufacturing
Affiliates, by Major Areas
Billion $ (ratio scale)
50
40 —
All Areas
30 —
20 —
Financing Foreign Affiliates
1957
59
61
63
1.—Includes only foreign affiliates in the mining, petroleum, and
manufacturing industries. Total sources and uses are after
deducting income paid out.
2.—Includes some amounts obtained from foreign affiliates
of the U.S. parents.
3.-Funds from the U.S. do not include funds moving through
foreign financial or trading affiliates.
U.S. Department of Commerce, Office of Business Economics
14
65
During 1964, further large gains in
the scope of operations of foreign affiliates of U.S. firms were accompanied
by sizable increases in the amount of
financing required. Total financing advanced by $1.5 billion to $11.9 billion.
Income distributions rose by $0.5 billion to $3.3 billion, so that after distributions of income, affiliates utilized
$8.6 billion, nearly $1.0 billion more
than in 1963 (table 1).
Less than $100 million of the increase
came from U.S. sources (including both
parent companies and other creditors).
The major increases were in financing
from external sources abroad ($0.6
6 —
'
Less Developed Countries
2 —
Other Developed Countries*
1
!
1957
1
58
i
59
!'
60
: 1
61
1
62
I,
63
64
* Includes Australia, New Zealand, Japan and Union of South Africa
U.S. Department of Commerce, Office of Business Economics
65-11-10
SURVEY OF CUEEENT BUSINESS
NoTember 1965
in the balance of payments accounts.
The figures in this article do not include
$350 million spent by parent companies
in 1964 to buy out existing companies
or minority interests, because the
amount so spent is not part of the cash
flow of the foreign affiliates, and they
do not count retained branch profits
as part of the U.S. capital flow, as is
done in compiling the balance of payments accounts. (See table, page 24.)
U.S. financing of affiliates rose significantly in 1964 only for manufacturing and petroleum affiliates in Europe
and "other" areas, which comprise
both developed and less developed
countries in Asia and Africa. In some
of these industries and areas, larger
plant and equipment expenditures by
affiliates appeared to be the principal
cause for the augmented outflow of
U.S. funds. However, there were other
instanced, notably manufacturing in
Canada, where rising plant and equipment expenditures by affiliates were
financed without significantly larger
capital outflows from the United States.
The highest ratio of U.S. funds to
plant and equipment expenditures in
the 1962-64 period occurred in petroleum affiliates in the Eastern hemisphere.
15
Internal financing
Funds generated by the affiliates
themselves—retained earnings plus depreciation charged against incomeaccount for more than half of all the
financial resources used. In 1964,
they totaled $4.4 billion. The proportion provided by these sources, 51 percent, was a little lower than in the
preceding years, even though the absolute amount of internal financing continued to grow.
There has been a tendency over the
years for internal financing to expand
roughly in line with plant and equipment expenditures—by far the largest
Table 1.—Sources and Uses of Funds of Direct Foreign Investments, by Area and Selected Industry, 1962-64
(Millions of dollars)
SOURCES OF FUNDS
Net income
Total sources
Funds from United
States
Area and industry
Funds obtained abroad l
Depreciation and
depletion
1962 *
AH areas, total. .
Mining and smelting
Petroleum
Manufacturing
Canada, total
Mining and smelting
Petroleum
Manufacturing
...
.
Latin Amerira, total 2
Mining and smelting
Petroleum
Manufacturing
-
Europe total
Mining and smelting
Petroleum ___.
Manufacturing.
- -
;
- - --
Other areas, total
Mining and smelting
Petroleum
Manufacturing _-
---
1963
1964
1962
1963
1964
1962
1963
1964
1962
1963
10,397
875
4,642
4,880
11,852
1,044
4,452
6,356
3,877
494
1,824
1,559
4,262
493
1,953
1,816
4,772
679
1,980
2,113
1,021
98
340
583
1,393
41
789
563
1,456
-41
735
762
1,546
107
506
933
2,152
102
777
1,273
2,677
149
598
1,930
2,362
207
1,095
1,060
2,590
239
1,123
1,228
2,947
257
1, 139
1,551
2,106
389
570
1,147
2,338
347
743
1,248
2,557
499
618
1, 440
905
179
199
527
1,055
187
245
623
1,244
318
259
667
201
95
77
29
192
-24
148
68
126
14
38
74
320
15
84
221
332
70
100
162
423
51
119
253
680
100
210
370
759
114
250
395
764
116
202
446
1,909
364
886
659
2,241
337
858
1,046
1,016
246
567
203
980
234
545
201
1,123
278
559
286
-21
-28
-147
154
206
14
34
158
20
-72
-63
155
225
31
44
150
146
15
-44
175
490
33
32
425
581
80
390
111
577
101
351
125
608
98
330
180
2,540
9
747
1,784
.-_
1962
8,806
906
3,765
4,135
-
1964
1/801
329
854
618
__.
~
-
1963 '
3,300
12
1,068
2,220
3,803
10
943
2,850
679
5
74
600
802
4
69
729
881
3
8
870
557
3
255
299
577
7
331
239
765
2
380
383
608
*
198
410
i,.m
-i
431
681
1,167
*
305
862
696
1
220
475
810
2
237
571
990
5
250
735
2,359
179
1,594
586
2,850
152
1,945
753
3,251
198
2,033
1,020
1,277
64
984
229
1,425
68
1,094
263
1,524
80
1,154
290
284
28
155
101
418
44
276
98
545
15
380
150
393
61
180
152
563
18
290
255
597
65
142
390
405
26
275
104
444
22
285
137
585
38
357
190
1964
USES OF FUNDS
Total uses
Property, plant, and
equipment
Area and industry
Inventories
1962 *
1963 r
1964
1962
1963
1964
8,806
906
3,765
4,135
10,397
875
4, 642
4,880
11,852
1,044
4,452
6,356
4,108
438
1,628
2,042
4,538
398
1,889
2,251
5,469
420
2,066
2, 983
45
54
556
744
-3
119
628
1,240
6
101
1,133
2,106
389
570
1,147
2,338
347
743
1,248
2,557
499
618
1,440
1,003
245
300
458
1,105
195
375
535
1,374
220
385
769
215
20
5
190
122
-12
24
110
1,801
329
854
618
_ .
1,909
364
886
659
2,241
337
858
1,046
720
95
339
286
724
109
307
308
855
126
327
402
75
5
-25
95
2,540
9
747
1,784
3,300
12
1,068
2,220
3,803
10
943
2,850
1,522
4
494
1,024
1,754
5
642
1,107
1,939
3
643
1,293
2,359
179
1,594
586
2,850
152
1, 945
753
3,251
198
2, 033
1,020
863
94
495
274
955
89
565
301
1,301
71
711
519
All areas, total
Mining and smelting
Petroleum
Manufacturing.....
Canada, total _. _.
Mining and snelting
Petroleum
Manufacturing
Latin America, total 2
Mining and smelting
Petroleum
Manufacturing
Europe, total
Mining and smelting
Petroleum Manufacturing... .,
._
Other areas, total
Mining and smelting
Petroleum
Manufacturing.. .
r
* Less than $500,000.
revised.
* Includes miscellaneous sources.
1962
1963
Other assets 3
Receivables
1964
1962
1962
1963
738
152
79
507
2,764
323
1,566
875
2,761
354
1,697
710
3,309
394
1,973
942
407
60
167
180
189
96
20
73
505
98
148
259
411
85
118
208
600
164
158
278
180
34
60
86
92
16
1
75
160
22
14
124
730
170
475
85
850
224
553
73
725
170
460
95
394
2
30
362
80
-2
60
22
307
*
155
152
400
*
150
250
458
5
68
385
401
7
66
328
513
4
55
454
228
21
83
124
71
*
29
42
330
5
175
150
—11
34
-105
60
1,071
50
875
146
1,099
38
960
101
1,471
56
1,300
115
1963
1964
740
42
296
402
1,218
45
439
734
1,096
72
233
, 791
539
58
221
260
1,136
81
498
557
230
-20
5
245
175
*
45
130
293
19
59
215
164
39
50
75
208
26
72
110
135
5
15
115
191
9
-13
195
96
25
5
66
108
10
10
88
310
10
70
230
252
*
49
203
342
-1
60
283
557
1
65
491
228
2
76
150
496
1
145
350
113
20
25
68
145
5
20
120
262
16
44
202
241
15
170
56
321
15
225
81
655
2
3
Income paid out
Includes "other Western Hemisphere.'
Includes miscellaneous uses.
1962
1963
1964
1964
SURVEY OF CURRENT BUSINESS
16
use of funds. However, the tie-in is
flexible in the short run and changes
quickly as circumstances change. In
1963, for instance, internal flows of
funds, especially retained earnings of
foreign manufacturing affiliates, rose
much more rapidly than plant and
equipment expenditures in the same
year. In 1964, however, the increase
in internal financing fell far short of the
stepup in plant and equipment expenditures for manufacturing affiliates, as the
result of an extraordinary rise in the
rate of fixed investment relative to
internal financing. For petroleum affiliates in 1964 there was a falling off in
internal financing caused by declining
CHART 11
Total Sales by Foreign Manufacturing
Affiliates Compared With U.S. Exports,
by Major Manufacturing Industries
Billion $
10
(ratio scale)
CHEMICALS
TRANSPORT
EQUIPMENT*
Total Sales
Total Sales
2
_
U.S. Exports
U.S. Exports
^
l
\.
x
I i I i I
ELECTRICAL
MACHINERY
MACHINERY
(EXCEPT ELECTRICAL)
PAPER AND
ALLIED PRODUCTS
1
RUBBER
PRODUCTS
«
.6
I
1957
I
I I
60
I I
62
I
64
I
1957
*Excludes Civilian Aircraft.
U.S. Department of Commerce, Office of Business Economics
I
I I
60
I I
62
I
64
earnings, while fixed investment continued to increase gradually. Manufacturing companies apparently closed
the gap largely by drawing funds from
the United States; petroleum companies cut back sharply on the expansion of current and other assets held by
foreign affiliates.
Ex ternal foreign fina ncing
The third major stream of funds
available to foreign affiliates is borrowing or equity financing in foreign
markets. Such external financing
abroad has been steadily growing in
importance, and it provided $2.7 billion
or 32 percent of total financing (after
income distributions) in 1964. Some
detail of this financing is given in table 2.
An outstanding feature of the 1964
financing was the intensified use of
various types of foreign external funds
by manufacturing affiliates, especially
in Latin America and Europe. Changes
in the amounts of external foreign
financing seem to correspond fairly
closely with changes in the accumulation of inventories and accounts receivable of the foreign affiliates, and
probably reflect a general practice of
matching current assets and liabilities
within the same country, and in the
same currency, as far as possible.
Thus, the very large increase in external
financing by Latin American manufacturing affiliates in 1964 took place
in those affiliates where there were
corresponding advances in the rate of
increase in inventories and accounts
receivable. A similar development is
apparent for manufacturing affiliates
in Europe and "other" areas.
An important part of the current
voluntary program designed to increase
the contribution of industrial companies
to the balance of payments is the effort
to use more foreign funds in the financing of foreign affiliates. It is clear
from table 2 that the companies were
making intensive use of such financing
prior to the program, which was announced in February. However, the
available data do not show long-term
debt financing abroad separately from
the short-term financing received from
suppliers or in the form of accrued tax
and other current liabilities. For this
reason, it will not be possible to measure
November 1965
the increase in long-term debt financing
abroad, which is receiving the greatest
emphasis under the voluntary program.
The total amount of financing required in 1965 for affiliates in the three
industries covered in these tabulations
is almost certain to be considerably
higher than the $8.6 billion used last
year. Projected plant and equipment
expenditures for 1965 were up by $1.3
billion over 1964; even if the original
investment plans are substantially altered in accordance with the balance of
payments program, a considerable increase is likely to remain. In addition,
the normal growth in working capital
CHART 12
Local and Export Sales by Foreign
Manufacturing Affiliates
Billion $
TRANSPORT
EQUIPMENT
10
MACHINERY
Total Sales
Total Sales
CHEMICALS
PAPER
2
RUBBER
f^1:'^^fe^-
0
6
4
PRIMARY
METALS
FOOD
-
_^—
:
2
0
OTHER PRODUCTS
":-rtv,-^:^;V"
J:,f •'- - - : - - f - " V 1962
63
64
1962
U.S. Department of Commerce, Office of Business Economics
63
64
65-11-12
November 1965
would perhaps amount to $0.4 billion.
On the other hand, the normal growth
in internally generated funds of the
affiliates would be roughly $0.5 billion.
As a crude approximation, this would
leave perhaps $1.0 billion or more of
additional financing in 1965 to be
derived from external sources, either
U.S. or foreign. Financing from foreign
sources has grown very rapidly, rising
by $0.6 billion in 1963 and again in
1964. An even larger increase will be
necessary in 1965 if foreign sources are
to supply a greater share of the estimated amount, of funds required by
the affiliates and if the rise in U.S.source financing is to be minimized.
Uses of funds
As noted above, expenditures for
plant and equipment are the largest
use of funds by foreign affiliates, accounting for 64 percent of total uses in
1964. Current and prospective developments in these expenditures were
discussed in the September Survey.
A rising share of total financing has
been needed for mounting accumulations of inventories and accounts receivable. Inventories of foreign affiliates grew by $1.4 billion in 1964, about
$K billion more than in 1963. Nearly
all the accumulation was by manufacturing affiliates, and was spread
over a broad range of countries and
commodities. The principal factor involved appears to have been the acceleration of sales by the manufacturing
affiliates, but in all areas, the buildup
of inventories was considerably more
than proportional to the increase in
current sales.
Foreign affiliates added $1.1 billion
to their accounts receivable in 1964,
somewhat less, in the aggregate, than
the rise in 1963. There was considerable variation in behavior among the
different areas and industries. Receivables of manufacturing affiliates showed
the largest rise—$0.8 billion—which
included a major increase in Latin
America. Petroleum affiliates reduced
the rate of growth of receivables in
most areas from the comparatively
high rate of 1963.
SURVEY OF CURRENT BUSINESS
17
Sales by Foreign Plants
in Europe, particularly large gains in
sales were reported for machinery and
THE value of sales of foreign manu- transportation equipment.
facturing affiliates of U.S. companies
Canadian affiliates also had record
soared to $37.3 billion in 1964, a rise of sales gains in 1964, consistent with gen17 percent for the year. This was the erally rising industrial production in
most rapid rate of increase since the Canada. Sales gains in other decollection of these data began in 1957. veloped countries, notably in Australia,
It reflects the combined effect of strong were also well above trends since 1957.
growth in demand in major markets This pattern also carried through to
and the acceleration of growth in many of the developing countries, such
capacity through plant construction as Argentina and Mexico, but sales de(and some acquisitions of existing for- clined in Brazil and grew relatively
eign firms) by U.S. companies. Since slowly in a number of other countries.
plant construction has proceeded at
Nearly all the manufacturing indusan even higher rate in 1964 and 1965
tries shown in table 3 reported record
than in prior years, and since most
increases in sales in 1964. As the plant
major markets continue to show
expansions of 1964 and 1965 come into
strength, a further large gain in sales
production, in an environment of genseems likely for 1965.
erally rising demand, sales of the foreign plants are likely to continue their
Area and industry composition
rapid rise.
Sales of European manufacturing afSince 1957, aggregate sales of the
filiates, which are considerably larger affiliates have more than doubled—from
than those of affiliates in any other area, $18.3 billion to $37.3 billion in 1964.
registered a major gain of $2.5 billion in Sales in some manufacturing indus1964. As table 4 shows, nearly $1.0 tries—chemicals, nonelectrical machinbillion of the increase was in the United ery, and transportation equipment—
Kingdom, and over $0.5 billion in have expanded even more rapidly durGermany. Among the industry groups ing this period, and it is significant that
Table 2.—Financing of Affiliates from External Sources Abroad, Area and Type of
Financing by Industry, 1962-64
(Millions of dollars)
All industries, total
Mining and
smelting
Area and type of financing
1962
All areas, total.
Borrowing from financial institutions
Funds from foreign affiliates
Other increases in foreign liabilities ,_
Issues of equity securities
Other foreign sources
1964
1962
1963
1964
1962
1963
1964
1,546 2,152 2,677
107
102
12
18
62
*10
149
-4
-9
136
18
8
506
144
14
218
51
79
777
212
-90
389
149
117
598
150
78
180
131
59
933 1,273
163
180
-11
90
479
849
248
175
54 -21
84
15
70
51
*•
50
""-§"
-5 "~75~
-5
-35*
47 -10
5
25
55
7
24
-10
5
100
50
-30
35
35
10
119
16
8
28
50
17
221
10
-29
140
55
45
162
-10
12
125
25
10
253
45
-14
160
14
48
44
12
5
18
1
8
-44
2
-80
-6
—1
41
32
2
30
-23
1
22
150
16
72
72
-5
175
15
3
137
45
-25
420
105
-25
295
70
-15
198
27
24
"120
5
22
431
60
50
220
65
36
305
55
75
75
60
40
410
105
18
180
96
11
681
115
50
452
75
-11
862
205
90
445
110
12
65
180
18
55
10
-3
-10
16
-8 "~60~
90
8
20
*
25
290
100
-30
140
50
30
142
77
-35
100
20
-20
152
32
5
87
25
3
255
60
25
135
30
5
390
97
33
183
75
2
1963
404
319
593
21
18
153
701 1,300 1,399
334
364
418
96
141
114
12
18
4
65
8
Canada, total
320
Borrowing from financial institutions
60
Funds from foreign affiliates.. ._
_ -39
Other increases in foreign liabilities
95
Issues of equity securities
_^
135
Other foreign sources - ._
—
69
332
40
-18
235
65
10
423
61
-14
235
71
70
Latin America, total ]
_ _ _ ___ _
Borrowing from financial institutions
Funds from foreign affiliates
__ _
Other increases in foreign liabilities
Issues of equity securities
Other foreign sources .
225
29
18
95
80
3
146
20
-75
126
49
26
490
102
4
300
. 74
10
Europe, total
Borrowing from financial institutions
Funds from foreign affiliates
__ __
Otl er increases in foreign liabilities
Issues of equity securitiesOther foreign sources
__ _ __
608 1,111 1,167
174
259
133
42
100
165
299
521
672
101
140
170
25
52
33
-1
Other areas, total
Borrowing from financial institutions
Funds from foreign affiliates
Other increases in foreign liabilities
Issues of equity securities
Other foreign sources
393
97
*
212
48
36
563
170
11
267
80
35
61
10
5
35
3
8
* Less than $500,000.
i Includes "other Western Hemisphere.'
Manufacturing
Petroleum
597
171
-2
343
103
-18
31
1
18
5
7
*
*
1
*
15
3
2
5
10
33
*
-1
28
3
3
j
-1
-1
*
*
*
1
1962
1963
1964
1,930
447
84
1,083
269
47
SURVEY OF CURRENT BUSINESS
18
Table 3.—Sales by Direct Foreign Investments, Principal Commodities by Area, 1957,
1959, and 1961-64
(Millions of dollars)
Manufacturing
total
Areas and year
All areas, total:
1957
195Q'
T
1961r
1962 r
1963
1964
Canada:
1957
1959
1961 __
1962
1963
1964
._._ „_
Latin America: 1
1957
1959 . _
1961
.
1962
1963
1964
Europe:
1957
1959
_.._
1961
1962
1963
1964
Other Areas:
1957
1959
1961
1962
19631964
r
Revised.
Food
Paper
prod- and allied
ucts products
Chemicals
Primary Machin- Electrical Transpor- Other
Rubber and fab- ery, ex- machintation
prodproducts ricated cluding
ery
equipucts
metals electrical
ment
18, 331
20, 634
25, 111
27, 923
31, 769
37, 270
2, 457
2,810
3,245
3,410
3,712
3,980
881
940
1, 060
1, 180
1, 299
1, 510
2, 411
2, 950
3, 890
4,400
5,152
5, 945
968
1,040
1,195
1,332
1,360
1,605
1,548
1, 590
1.875
2 053
2,373
2,840
1,903
2,200
2,897
3 359
3,727
4,650
2,047
1,864
2, 234
2 571
2 801
3,340
4,228
5,140
6 000
6 680
8 070
9 480
1 88*
2, 10(
2 71<
2 93^
3 27
3 92(
7,897
8,204
8, 429
9,196
10, 163
11, 450
928
1,060
1,095
1, 135
1,182
1,280
769
800
870
945
1, 009
1,145
897
1, 070
1,315
1,295
1,427
1, 585
272
290
285.
340
355
400
927
950
940
1,090
1,198
1,330
695
760
760
810
916
1,030
1,080
794
764
851
891
1,060
1, 488
1 600
1 450
1,730
2 110
2 420
84
88
95
1,00
1 07
1 20
2,435
2,830
3, 647
4,067
4,396
5,100
608
740
780
850
990
950
55
60
85
100
130
145
499
590
690
880
1,060
1, 250
239
260
300
302
310
355
111
100
160
163
195
270
66
80
122
144
166
230
190
190
300
360
280
380
375
470
770
790
760
960
29
34
44(
47J
50
56
6, 313
7,690
10,780
12, 020
14, 015
16, 500
734
760
1,110
1, 185
1,265
1,450
34
50
70
80
95
130
822
1,050
1,510
1, 760
2,065
2,250
262
290
400
460
430
540
435
470
690
715
840
1, 030
1,009
1,210
1,755
2,090
2,265
2,890
678
770
1, 050
1,220
1,480
1,700
1,700
2,350
3, 070
3,280
4,150
4,700
63
74
1 12
1 23
1,42
1 81(
1, 685
1,910
2,255
2,640
3,195
4,220
188
250
260
240
275
300
23
30
35
55
65
90
193
240
375
465
600
860
195
200
210
230
265
310
75
70
85
85
140
210
133
150
260
315
380
500
99
110
120
140
150
200
665
720
710
880
1,050
1,400
11
14<
20
23
27
35(
1 Includes "other Western Hemisphere."
these are the industries for which the consisting largely of food products,
largest increases in investment are were $145 million.
A considerable part of the output of
projected.
There are a number of instances of the affiliates, $5.0 billion in 1964,
spectacular growth in sales since 1957— enters international trade among foreign
machinery and transportation equip- countries. Last year, about $3.6 billion
ment in Europe, chemicals in "other" of these export sales originated in
areas (largely in developed countries), European plants and represented sales
primary and fabricated metals in among European countries as well as
Europe and in "other" areas (see sales to other foreign areas. The
table 3). Growth has generally been transportation equipment, chemicals,
slower in Canada, mainly because by and nonelectrical machinery industries
1957 there was already a much larger in Europe exported relatively high
production base in that country than proportions of their total sales.
in other areas.
The main exports of the Canadian
affiliates are primary and fabricated
Destination of sales
metals and wood and paper products,
Over 80 percent of the sales of foreign while for Latin America the principal
manufacturing affiliates are customarily export products are foods and
chemicals.
made within the countries in which the
plants are located. In 1964, as table 5 Comparison with U.S. exports
shows, $1.6 billion out of total sales of
$37.3 billion were exported to the
Table 6 compares the recent moveUnited States. The largest part of ment in exports of a large cross-section
this, $1.2 billion, came from Canada of U.S. manufactures with sales of
and consisted primarily of products of similar products by foreign affiliates.
natural resource industries. Imports The growth of these selected exports in
from Europe have been rising gradually 1964 (17 percent) was nearly as rapid
but amounted to only $0.2 billion in as the expansion of foreign sales (18
1964, and imports from Latin America, percent). The more usual pattern has
November 1965
been a much faster growth in sales by
the foreign affiliates. Last year, exports from the United States were
supported by relatively high growth
rates and pressures on capacity in most
developed countries that are important
markets for U.S. goods. However, it
seems likely that in the current year,
export sales, though rising, will lag
behind the gains in sales by foreign
plants. Exports generally are not benefiting from quite as rapid a growth in
foreign demand, and foreign affiliates
are greatly increasing their capacity to
supply these markets.
U.S. exports of these selected manufactures to Canada and Europe were
especially strong in 1964, outstripping
the rate of increase in sales of Canadian
and European affiliates. The magnitudes of exports and local manufactures
are quite different, however, so that
the absolute increases in local sales in
these countries were much larger than
the increase in U.S. exports to them.
In Europe, for instance, local sales of
nonelectrical machinery rose by $625
million in 1964; U.S. exports rose
somewhat faster relatively, but the
increase was only $170 million.
Chart 11 compares export sales with
sales of foreign affiliates since 1957 for
various groups of manufactures. The
relatively sharp upward turn in exports
of most commodities in 1964 stands
Table 4.—Sales by Direct Foreign Manufacturing Affiliates, 1957,1959, and 1961-64
(Millions of dollars)
Area and country
All areas, total
Canada
1957
1959
r
1961 ' 1962'
1963
'
1964
18,331 20,634 25, 111 27,923 31,769 37,270
__. 7,897 8,204 8,429 9,196 10, 163 11,450
Latin America, to2,435 2,830 3,647 4,067 4,396
tal i
871
Argentina
385
426
872
837
659
764
Brazil
._
950 1,165 1,225
643
751
Mexico
850 1,035 1,175
450
364
380
Venezuela
268
375
650
675
Other countries....
480
525
600
5,100
1, 160
1,180
1,500
510
750
Europe, total
6,313 7,690 10,780 12,020 14,015 16,500
Belgium, Netherlands and Lux850
461
980 1,290
embourg
416
760
763
789 1,255 1,570 1,920 2,180
France
1,116 1, 572 2,265 2,600 3,120 3,660
Germany
675
525
880 1,140
230
244
Italy
United Kingdom. 3, 303 4,050 5, 070 5,265 5,960 6,910
1,155 1,320
Other countries...
574
485
905 1,060
Other areas, total- _ 1,685 1,910 2,255 2,640 3,195 4,220
787
Australia
'..933 1, 060 1,350 1,635 2,100
515
710
217
Japan
430
240
380
Philippine Re155
170 . 210
118
141
public
160
Republic of South
640
460
292
335
380
Africa
300
560
415
304
325
Other countries...
263
320
r Revised.
* Includes "other Western Hemisphere."
SUEVEY OF CUEEENT BUSINESS
November 1965
out, as well as the more rapid growtK
in the aggregate in foreign sales over a
longer period. Nonelectrical machinery
is the only industry for which exports
were still slightly larger than sales of
foreign affiliates, but this results primarily from large exports to less
developed countries.
Sales of mining affiliates
Last year, the demand for metals and
minerals rose strongly, and sales of the
foreign mining affiliates of U.S. companies expanded accordingly. The rise
for the year was nearly $0.6 billion, or
23 percent. Most of the gains were in
Canada and Latin America, where the
bulk of the U.S. investment in this
industry has been concentrated; there
were smaller gains in Africa and Asia.
Part of the increased sales was used
in the countries where production took
place, but most of the sales rise went to
the United States and to other industrialized countries. It may be noted
that most of the export sales of Canadian affiliates have been to the
United States, but mining affiliates in
other areas customarily sell a larger
part of their output to industrialized
countries other than the United States.
Demand for metals and minerals in
most developed countries is rising this
year, and prices are increasing, so that
sales of these affiliates will probably
show another major gain in 1965.
Statistical Note
A brief description of sources and
methods used in compiling these statistics is given in the Survey of Current
Business for October 1964, pages 10
and 11. The following tables give the
(Continued on page 24)
Industry
and year
Total:
1962
1963.
1964
Petroleum:
1962——1963
1964
Mining:
1962
1963
1964
All
areas,
total
Canada
411
456
502
371
424
467
40
32
35
*Less than $500,000.
157.
145
161
127
123
Europe
93
20
29
48
100
79
20
28
87
94
136
30
22
6
6
47
73
25
6
(*)
1
Table 5.—Sales of Foreign Manufacturing Affiliates; Area and Commodity by Destination,
1962-64
(Millions of dollars)
Total sales
Local sales
Exported to
United States
Area and commodity
1962
r
1964
1963 '
1962
1963
1962
1964
1963
Exported to
Other countries
1964
1962
1963
1964
All areas, total
27, 923 31, 769 37,270 23,009 26,000 30,585 1,089 1,126 1,636 3,825 4,643 5,049
Food products
_
_••__
3,410 3, 712 3,980 2,931 3,122 3, 305
123
124
175
356
466
500
Paper and allied products. __
_ 1,180 1,299 1,510
425
674
590
790
470
565
155
165
155
Chemicals __
4,400 5,152 5,945 3,809 4,392 5, 025
120
147
210
471
613
710
Rubber products
1,332 1, 360 1,605 1,239 1,263 1,475
10
8
83
89
125
Primary and fabricated metals
2,053 2,373 2,840 1,585 1,789 2,150
159
107
361
220
425
470
Machinery, excluding electrical .__
_ - 3,359 3,727 4,650 2,658 2,875 3,669
96
106
132
605
746
849
Electrical machinery.
_ __ __ _ _ _ 2,571 2,801 3,340 2,313 2,496 2,951
18
26
39
279
240
350
Transportation equipment
6,680 8,070 9,480 5,718 6,833 7,955
145
90
78
872 1,159 1,380
Other products. _
2,938 3,275 3,920 2,289 2, 616 3,265
161
183
145
488
476
510
Canada, total
Food products _
Paper and allied products
__
Chemicals
Rubber products
Primary and fabricated metals
Machinery, excluding electrical
Electrical machinery
Transportation equipment
Other products
Latin America, total •'
Food products
Paper and allied products
_
Chemicals
Rubber products
Primary and fabricated metals
Machinery, excluding electrical
Electrical machinery
Transportation equipment _ _ _ _ _
Other products
Europe, total
Food products
Paper and allied products.
_ _ _
Chemicals
Rubber products
Primary and fabricated metals. _ __
Machinery, excluding electrical
Electrical machinery
__•___
Transportation equipment
Other products
___
_.
9,196
1,135
945
1,295
340
1,090
810
851
1,730
1,000
10, 163
1, 182
1,009
1,427
355
1,198
916
891
2, 110
1,075
11,450
1,280
1,145
1,585
400
1,330
1,030
1,060
2,420
1, 200
7,478
1,055
380
1,150
330
747
697
821
1,630
791
9,347
1,150
455
1,375
394
850
885
998
2,200
1,040
8,350
1,105
404
1,267
345
810
785
841
1,989
864
829
30
425
83
5
102
51
8
45
141
4,C67 4,396 5,100 3, 661 3,902 4,567
73
52
990
950
632
850
565
605
100
130
145
120
130 (*)
90
16
986 1,150
880 1, 060 1; 250
817
310
353
302
355
310
297
163
174
195
270
153
260
152
144
166
138
215 .(*)
230
360
270
365 (*)
280
380
350
954 (*)
790
960
758
760
788
535
478
5
505
560
463
500
12,020
1, 185
80
1,760
460
_.
715
2,090
1,220
3,280
1,230
14,015
1,265
95
2,065
430
840
2,265
1,480
4,150
1,425
9,374
1,130
70
1,395
385
610
1,514
1,010
2,435
825
10,782
1,180
90
1, 600
345
680
1,570
1,243
3,057
1,017
12, 711
1, 335
120
1, 700
424
840
2,090
1,400
3,427
1,375
844 1,227
21
30
470
560
96
120
4
8
210
148
55
70
23
15
100
48
158
110
889
50
140
62
5
241
62
22
55
68
969
56
135
64
2
240
76
35
73
53
876
100
130
90
2
270
75
39
120
50
145
105
5
25
333
233
10
47
5
10
6
10
2
10
414
305
10
53
(*)
20
10
9
2
5
388
240
10
75
2
10
14
14
3
20
80
53
(*)
21
1
(*)
(*)
135
5
121
10
15
5
5
45
10
45
5
10
(*)
10
46
10
30
5
52
Other areas, total
2,640 3, 195 4,220 2,496 2,966 3,960
205
215
36
Food products
275
181
240
300
85
Paper and allied products
65
60
55
50
90
Chemicals
539
6
465
800
600
860
447
263
304
Rubber products
230
265
227
310
Primary and fabricated metals.. _ _ _ __
85
125
200
140
75
210
479 ""(*)"'
Machinery, excluding electrical
315
309
368
380
500
142
188
132
Electrical machinery
140
200
150
Transportation equipment
880 1,050 1,400
865 1,029 1, 374
315
235
10
Other products
230
270
210
350
81
40
r Revised.
16,500
1,450
130
2, 250
540
1,030
2,890
1, 700
4,700
1,810
1 Includes "other Western Hemisphere."
1
1
3
5
4
1
20
208 2,511 3,112 3,581
15
75
100
50
5
10
10
(*)
50
455
500
350
1
85
70
115
10
150
180
100
649
60
531
740
15
227
285
200
42
800 1,063 1,231
15
403
400
420
56
25
(*)
15
1
1
(*)
(*)
(*)
(*)
20
15
92
23
5
12
3
10
6
8
15
10
148
30
5
41
2
15
11
8
21
15
204
60
5
45
6
10
20
12
26
20
*Less than $500,000.
Table 6.—Exports from the United States and Sales by Direct Foreign Manufacturing
Affiliates, of Selected Manufactures, by Area, 1963 and 1964
(Millions of dollars)
All areas, total
Canada
Latin America *
Commodity
1963 '
Europe
Other Areas
Other
areas
141
182
214
137
179
211
4
3
3
1964
1963
1964
1963
1964
1963
1964
1963
i _ _ _ _ _ _ _ 22,409
9,449
26,530
11, 024
6,708
2,111
7,640
2,521
2,706
2, 079
3,320
2,410
10,485
2, 729
12,210
3,177
2,510
2,530
3,360
2,916
Paper and allied products:
Foreign sales
TJ g < exports
1,299
506
1,510
596
1,009
73
1,145
82
130
106
145
124
95
193
130
231
65
134
90
159
Chemicals:
Foreign sales
U.S. exports
Exploration and Development Expenditures of Petroleum
and Mining Affiliates Charged Against Income, by Area,
1962-64
(Millions of dollars)
Latin
America
19
5, 152
1,979
5,945
2,345
1,427
301
1, 585
334
1,060
463
1,250
546
2,065
696
2,250
849
600
519
860
616
1,360
318
1,605
362
355
53
400
60
310
59
355
69
430
115
540
133
265
91
310
100
Machinery, excluding electrical:
Foreign sales
_ _
U S exports
3,727
3,992
4,650
4,704
916
912
1,030
1,140
166
774
230
869
2,265
1,204
2,890
1,372
380
1,102
500
1,323
Electrical machinery:
Foreign sales
U S exports
2,801
1,118
3, 340
1,284
891
262
1,060
291
280
230
380
261
1,480
351
1, 700
398
150
275
200
334
Transportation equipment:
Foreign sales
U.S. exports 2
8,070
1,536
9,480
1,733
2,110
.510
2,420
614
760
447
960
541
4,150
170
4,700
194
1,050
409
1,400
384
Selected manufactures:
Foreign sales.
U.S. exports
__
Rubber products:
Foreign sales
U S. exports
r Bevised.
_ _
1. Includes "other Western Hemisphere."
2. Excludes civilian aircraft.
1964
Personal Consumption Expenditures,
(Millions of dollars)
1929
I
21,239
14, 777
1932
1933
1934
1935
19,426
16,230
12, 687
12, 763
15,584
13, 500
10, 833
8,203
8,626
10, 757
2,911
2,788
2,541
2,102
1,816
257
245
198
160
155
1, 599
1,443
1,169
900
933
1,695
1,450
1,489
1,322
1,233
II. Clothing, accessories, and jewelry. _ 11, 193
9,713
8,217
6,042
1, 675
1, 375
1,207
1,022
164
7,682
141
6,659
114
5,713
100
4,022
4,662
4,100
3, 528
3,020
12
2,559
11
2,185
9
473
420
475
560
152
1
I Food and tobacco
1. Food purchased for off -premise
consumption (n.d.c.).
2. Purchased meals and beverages2
(n.d.c.).
3. Food furnished government
(including military) and commercial employees (n.d.c.).
4. Food produced and consumed
on farms (n.d.c.).
5 Tobacco products (n.d.c.)
2
3
4
5
6
7
1930
1931
Line
1. Shoes and other footwear
(n.d.c.).
2. Shoe cleaning and repair (s.) _ - 3. Clothing and accessories except
footwear. 3
a. Women's and children's
(n.d.c.).
b. Men's and boys' (n.d.c.) —
4. Standard clothing issued to
military personnel (n.d.c.).
5. Cleaning, dyeing, pressing,
alteration, storage, and repair
of garments including furs (in
shops) not elsewhere classified (s.).
6. Laundering in establishments
(s.).
7 Jewelry and watches (d.c.)
8 Other* (s.)
8
9
10
11
12
13
14
15
16
17
1936
1937
1938
1939
1940
1941
1942
1943
1944
17, 624
19, 976
21, 592
20, 554
20 916
22 032
25 438
30 695
35 835
39 303
12, 150
13, 929
14, 792
14, 082
14, 163
14, 891
16, 954
20, 108
22, 271
24, 085
2,248
2,610
2,985
3,528
3,392
3,633
3,888
4,611
5,670
7,138
8,129
185
214
236
271
247
254
278
470
933
1,677
2,398
1,027
1,216
1,291
1,328
1,136
1,099
1,105
1,323
1,647
2,134
2,055
1,367
1,434
1,535
1, 673
1,697
1,767
1 870
2 080
2 337
2 615
2 636
5,438
6,562
7,010
7,661
8,092
7,991
8,406
8,852
10,509
13,061
15,993
17,466
887
1,072
1,031
1,145
1,279
1,257
1,226
1,265
1,446
1, 793
1,872
1,958
98
3,731
102
4,585
106
4,982
113
5,403
122
5,546
118
5,495
114
5,893
124
6, 153
142
7,132
153
8,537
223
10, 486
218
11,647
2,446
2,254
2,801
3,080
3,226
3,277
3,337
3, 607
3,766
4,348
5,341
6, 940
7, 838
1,576
10
1,477
11
1,784
7
1,902
9
2,177
12
2, 269
13
2, 158
14
2,286
16
2,387
32
2,784
219
3, 196
657
3,546
1,031
3,809
1,041
352
252
230
265
302
339
383
391
397
423
492
571
716
809
458
392
310
252
262
272
304
323
308
312
340
397
466
523
561
513
136
328
102
252
74
172
57
198
71
233
75
265
80
333
93
323
85
355
93
409
106
550
131
722
162
935
207
1,004
228
817
420
660
320
760
377
802
374
864
395
961
428
951
442
1,004
486
1,036
507
1,162
607
1,354
728
1,616
874
1,834
992
397
340
383
428
469
533
509
518
529
555
626
742
842
9,011
4,416
7,907
3,844
7,602
3,643
7,702
3,646
8,C11
3,759
8,533
3,950
8,936
4,104
9,139
4,179
9,446
4,310
10, 167
4,706
10, 957
5,192
11,485
5,588
12, 049
6,060
3,753
3,296
3,158
3,199
3,365
3,639
3,870
3,994
4,154
4,438
4,692
4,737
4,729
664
178
6,779
509
614
153
6.466
462
640
161
7,209
514
683
174
7,737
666
693
194
8,821
848
733
211
9,5£5
923
745
217
8,865
827
741
225
9,624
949
744
238
10,479
1,060
767
256
11, 951
1,320
821
252
12, 727
1,285
879
281
13, 110
1,242
955
305
14, 032
1,314
344
408
518
614
733
845
711
774
881
1,158
809
291
171
406
364
404
407
456
515
472
475
510
623
658
612
643
562
472
573
617
827
885
800
908
991
1,214
1,266
1,369
1,398
374
391
449
478
591
639
568
681
749
913
1,119
1,330
1,481
328
332
386
403
449
488
485
508
544
607
704
756
776
1,116
1,039
979
HI. Personal care
591
504
515
1. Toilet articles and preparations (n.d.c.).
525
524
475
20
2. Barbershops, beauty parlors,
and baths (s.).
11,530 11,050 10,291
21
IV. Housing
'
5,8G8 5>552 5,101
22
1. Owner-occupied nonfarm
dwellings —space-rental
values (s.).
4, 500
4,397 4,200
23
2. Tenant-occupied nonfarm
dwellings (including 8
lodging houses)— space rent (s.) .
913
775
865
24
3. Rental value of farmhouses (s.).
249
215
236
25
4 Others (s)
10,735 9,585 8,425
26
V. Household operation
1,201
937
796
27
1. Furniture, including mattresses and bedsprings (d.c.).
768
565
671
28
2. Kitchen and 7 other household
appliances (d.c.).
628
429
442
29
3. China, glassware, tableware,
and utensils (d.c.) .
1,148
937
783
30
4. Other 8durable house, furnishings (d.c.).
497
717
570
31
5. Semidurable house furnishings 9 (n.d.c.).
419
485
471
32
6. Cleaning and polishing preparations, and miscellaneous
household supplies and
paper products (n.d.c.).
143
133
103
33
7. Stationery and writing supplies (n.d.c.).
3,044 3,.058 2,844
34
8 . Household utilities
674
616
660
35
a Electricity (s.)__542
556
560
36
b Gas (s.)_
278
296
296
c. Water and other sanitary
37
services (s.).
1,608
1,318
1,542
38
d. Other fuel and ice (n.d.c.)
569
577
554
39
9. Telephone and telegraph (s.) _ _
1,716
1,483
1,146
40
10 Domestic service (s.)
316
306
289
41
11. Other 1° (s.)
2,937
2,835 2,549
42 VI. Medical care expenses
__
604
568
517
43
1. Drug preparations and sundries
(n. d. c.)
133
117
131
44
2. Ophthalmic products and orthopedic appliances (d. c.).
959
819
924
45
3 Physicians (s.)
482
463
408
46
4. Dentists (s.)250
233
201
47
5. Other professional services n
(s:).
404
403
395
48
6. Privately controlled hospitals
and sanitariums 12 (s.).
110
92
108
49
7. Health insurance
a Medical care and hospitali50
zation (s.).
51
b Income loss (s.)
3,704 3,311
4,158
52 VII. Personal business
756
495
318
53
1. Brokerage charges and investment counseling (s.).
76
79
80
54
2. Bank service charges, trust
services, and safe-deposit box
, rental (s.).
1,141
1,278
1,017
3. Services furnished without pay55
ment by financial intermediaries except insurance companies (s.).
874
901
884
4. Expense of handling life insur56
ance i* (s.).
402
397
410
57
5. Legal services (s.)
547
480
607
6. Funeral and burial expenses
58
(s.).
144
122
165
7 Other is (s )
59
18
19
20
71
69
87
101
112
131
129
149
162
191
230
287
353
2,615
662
537
278
2,561
645
495
269
2,729
671
494
301
2,792
697
503
311
2,979
726
516
326
3,042
766
528
331
2,971
810
523
327
3,128
849
538
343
3,391
910
573
359
3,582
965
575
368
3,875
1,017
623
384
4,079
1,045
648
391
4,242
1,125
667
407
1,138
482
835
253
2,127
449
1,152
436
732
239
1,983
427
1,263
443
850
256
2,164
468
1,281
472
911
276
2,288
474
1,411
511
1,016
299
2,493
509
1,417
542
1,187
328
2,672
558
1,311
542
1,023
337
2,688
578
1,398
576
1,129
347
2,848
612
1,549
615
1,218
358
3,018
635
1,674
695
1,237
411
3,298
725
1, 851
825
1,477
479
3,735
848
1,995
973
1,598
573
4,189
1,014
2,043
1,077
1,887
690
4,705
1,072
93
92
124
131
140
165
157
172
186
227
258
307
333
661
312
154
617
276
138
678
295
145
731
302
151
820
331
165
854
350
168
833
356
163
866
386
167
913
419
173
957
459
179
1,048
505
196
1, 092
539
206
1,321
573
245
386
363
369
406
422
454
467
492
527
555
649
752
846
72
70
85
93
106
123
134
153
165
196
231
279
315
2,875
224
2,832
340
2,860
195
3,043
213
3,231
263
3,430
243
3,265
173
3,313
158
3,326
131
3,501
114
3,599
90
3,968
187
4,348
189
78
79
92
104
116
126
130
135
142
151
159
176
196
872
757
793
792
843
876
818
817
792
852
904
948
1,186
853
846
875
974
981
1,025
1,001
1,014
1,029
1,040
1,025
1,074
1, 106
348
415
334
387
359
417
371
440 "
383
485
402
508
392
484
407
499
423
515
450
554
475
577
493
643
541
678
85
89
129
149
160
250
267
283
294
340
369
447
452
by Type of Product*
(Millions of dollars)
1950
1957
1958
1959
1960
1961
1962
1963
75,210
79,242
82,363
85,151
87,510
90,126
93,054
95,931
100,140
52,700
55, 775
58,406
60, 249
61, 951
64,109
66,302
68,385
71,397
13, 848
14, 528
15, 171
15, 321
15, 894
16, 182
16,365
17,020
17,494
18,688
3
1,292
1,198
1,218
1,244
1,210
1, 236
1,299
1,347
1,342
1,357
4
1952
1953
1954
1955
1956
68,357
69,460
70,341
72,236
26, 159 32,663 37, 901 39,588 38, 577 39, 796 44, 091 46, 487 47, 478 48,883
50,485
13, 350 13,363
1,478
1945
1946
43,520 50,721
1947
1948
1949
1951
56, 089 58,186 56,593 58,120 64,893
1964
Line
1
10, 848 11, 092 12,, 467
13, 093
1,076
1,632
1,769
1, 650
1,905
2,168
2,098
1,887
1,678
1,563
1,481
1,391
1,410
1,244
1, 174
1,105
1,007
952
878
5
4,910
5,095
4,939
5,048
5, 303
5,687
5,982
6,554
6,967
7,248
7,378
7,758
7,820
6
25,485
26,416
26,668
26,786
27,982
29,230
29,517
29,868
31,911
33,032
33,836
35,700
36,838
40,018
7
3,347
3,346
3,288
3,306
3,324
3,623
3,781
3,819
4,075
4,313
4,516
4,510
4, 775
4,777
5,118
8
227
241
216
210
200
195
13, 109 15, 063 15,575 16,812 15, 992 16,028
206
17,451
206
204
205
18,390 18, 587 18,676
209
19,415
212
20,294
217
20, 440
219
20,520
225
22, 038
232
22, 745
246
23,343
251
24,754
254
25, 708
257
28, 160
9
10
11, 912 11,965
10, 861 11, 029
9,503
10,895
2,753
1, 349
1,023
2,234
2,461
3,353
2,871
19,645
2,263
1,021
1,000
2,560
2,539
2,059
3,744
4,009
4,109
4,251
4,535
22,007 22,760 24,201
23,333
23,709
2,955
3,124
2,781
3,097
8,796
9,711
9,945
10,899
12, 444
12,967
13, 152
13,356
14, 332
14, 769
15, 115
16, 071
16,709
18,277
11
4,313
1,087
5,352
364
5,630
229
5,913
191
5, 801
212
6,026
272
6,608
414
6,782
256
6,6756
161
6,711
79
6,971
52
7,327
61
7,288
59
7,164
58
7,706
51
7,976
48
8,228
55
8,683
69
8, 999
64
9,883
64
12
13
936
1,198
1, 349
1,434
1, 445
1,471
1,556
1,625
1,695
1,703
1,725
1,789
1,825
1,797
2,871
2,958
3,073
3,142
3,231
3,325
14
600
715
800
845
845
850
855
863
876
875
902
945
977
977
1,182
258
1, 427
218
1,395
230
1,374
232
1,298
217
1,318
228
1,412
245
1,523
267
1,560
278
1,631
292
1,743
313
1,812
336
1, 817
363
1,850
372
2,016
397
2,094
439
2,155
454
2,262
447
2,332
472
2,588
506
16
17
1,982
1,087
2,058
1,081
2,225
1,217
2,287
1,257
2,306
1,257
2,438
1,354
2,617
1,482
2,782
1,576
2,976
1,683
3,162
1,729
3,461
1,915
3,892
2,156
4,284
2,372
4,604
2,590
5,031
2,782
5,324
2, 970
5,792
3,199
6,248
3,453
6,458
3,640
6,978
3,966
18
19
895
977
1,008
1, 030
1,049
1,084
1,135
1,206
1,293
1,433
1,546
1,736
1,912
2,014
2,249
2,354
2, 593
2,795
2,818
3,012
20
13,879 15,665
7, 343 8,428
17,535
9,679
29,315 31, 664
17, 734 19, 534
33,738
21, 178
36, 020
22, 959
38,506
24, 805
41, 127
26, 809
43, 654
28,674
46,305
30, 685
48,717
32,493
51,950
34, 745
55,509
37, 109
59,461
39,377
21
22
9,574
9,901
10,309
10, 772
11, 273
11, 724
12, 220
12,702
13, 535
14,568
16, 089
23
1,765 1,711
794
845
33,119 33,727
3,627 3,697
1,741
918
37,322
4,240
1,734
1, 018
39,765
4,466
1,787
1,142
41, 171
4, 354
1,861
1,184
42,274
4,346
1,957
1,299
45,285
4,692
1,975
1,425
46,908
4, 608
2,005
1,517
48,258
4,551
2,072
1,598
51, 170
4,811
2,120
1,712
53,801
5, 126
2,185
1,810
57,980
5,833
24
25
26
27
12,479
6,492
4,596
4,851
5,289
5,786
10, 191 10,002
10, 843 11,608
19,252 21,286 23,853 26,476
10,902 12, 305 13,980 15, 763
6,371
6, 910
7,592
8,243
1,052 1,303 1,447 1,505 1,408 1, 464 1,607 1,736
339
571
565
607
382
501
674
734
15,530 20, 113 23,989 26,395 25, 938 29,461 31,399 31,673
1,559 2,248 2,552 2,786 2,702 3,092 3,214 3,433
9,022
15
362
1,793
3,150
3,444
3, 113
3,932
3,874
3,826
4,005
4,063
4,476
4,742
4,713
4,516
4,944
4,846
4,821
5,005
5,244
5,777
28
800
1, 256
1,341
1,442
1,391
1, 498
1, 593
1,557
1,614
1,628
1,732
1,790
1,726
1,697
1, 789
1,826
1, 871
2,004
2,108
2,374
29
1, 519
2,185
2,444
2,742
2,679
3,121
3,468
3,155
3,108
2,904
3,313
3,574
3,730
3,728
4, 105
4, 228
4,376
4,793
5, 144
5,718
30
1,545
2,039
2,135
2,354
2,332
2,647
2,824
2,615
2,550
2,390
2,537
2,612
2,612
2,521
2,705
2, 776
2,962
3,145
3,369
3,774
31
1,523
1,639
1,623
1, 768
1,972
1, 901
2, 111
2,268
2,480
2,651
2,922
3,098
3,305
3,397
3,500
3,792
3, 950
4,111
32
<22
924
410
423
437
467
494
513
563
615
673
698
756
806
868
938
1,041
1,098
1,086
1,195
1,277
1,374
33
4,507
1,194
705
419
5,023
1,328
754
457
5,780
1,473
865
492
6,600
1,668
963
523
6,520
1,879
1,038
548
7,293
2,138
1,185
596
7, 876
2,395
1,345
640
8,272
2,652
1,469
712
8,707
2,932
1,589
770
9,328
3,213
1,800
824
10, 180
3,496
2,027
906
10, 913
3,802
2,259
965
11, 588
4,097
2,403
1,030
12,267
4,381
2,685
1,048
12, 986
4,721
2,901
1,163
13, 749
5,071
3, 211
1,291
14, 400
5,340
3, 415
1,367
15, 237
5,688
3,644
1,483
15,812
5,960
3,770
1,596
16, 566
6,284
3,930
1,750
34
35
36
37
2,189
1,189
2,142
775
5,042
1,138
2, 484
1,288
2,120
814
6,175
1,271
2,950
1,376
2,348
903
6,897
1,313
3,446
1,569
2,363
989
7,821
1,466
3,055
1,731
2,356
997
8,110
1,555
3, 374
1,942
2,572
1,083
8,788
1,719
3,496
2,170
2,661
1,184
9,488
1,979
3,439
2,421
2,614
1, 264
10,225
2,058
3,416 3,491
2,683 2,789
2,690 2,570
1,351 1,392
11, 150 12,046
2,137 2,163
3,751
3,061
3,051
1, 496
12,755
2, 362
3,887
3,341
3,266
1, 604
13,853
2,661
4,058
3,648
3,322
1, 688
15, 187
2,981
4, 153
3,892
3, 503
1,768
16,472
3,195
4,201
4,188
3,553
1,977
17,924
3, 462
4,176
4, 515
3,799
2,064
19, 116
3,607
4,278
4,822
3,733
2, 136
20,321
3,759
4,422
5,101
3, 803
2,284
22,002
4,012
4,486
5,509
3,824
2, 438
23,389
4,137
4, 602
5,903
3,909
2,641
25,211
4,352
38
39
40
41
42
43
349
396
400
431
454
486
546
580
604
595
592
655
674
663
717
769
792
895
961
1,054
44
1,370
620
266
1,806
772
338
2,118
785
393
2,440
910
450
2,463
920
453
2,568
962
472
2,687
1,003
491
2, 849
1,110
518
3,053
1,247
556
3,351
1,428
609
3,457
1,528
625
3,773
1,645
680
4,104
1,766
744
4,574
1,876
832
5,032
1,918
917
5,292
2,007
968
5,512
2,108
1,011
5,992
2,265
1,066
6,406
2,305
1, 155
6,756
2,439
1, 235
45
46
47
3,426
3,775
4, 202
4,601
5,096
5,581
6,100
6,772
7, 618
48
49
50
925
1,170
1,401
1,596
1, 734
1, 979
2,171
2,406
2,647
2,878
3,135
374
422
487
528
256
531
249
602
300
611
307
704
389
906
486
1,022
577
1,056
614
1,013
609
1,143
670
1,130
620
1,277
740
1,377
845
1,558
978
1,672
1, 067
1,653
1, 071
1,757
N.A.
4,656
285
5,069
325
5,426
235
272
5,950
291
282
6,210
262
302
6,858
454
304
7,443
436
315
7,791
375
420
8,445
366
445
9, 194
606
442
10,049
732
404
1C, 985
690
473
11,862
682
510
12,768
884
537
13,872
1,138
532
14,974
1,035
580
16,021
1,430
605
16,481
1,238
582
18, 192
1,409
N.A.
19,761
1, 603
51
52
53
207
233
260
bOO
330
366
403
436
480
544
601
667
748
810
883
967
1,039
1,118
1, 185
1,284
54
1,325
1,475
1, 474
1,638
1,738
1,921
2,104
2,373
2,726
2, 965
3, 248
3,648
3,874
4,074
4,532
5,142
5,313
5,420
6,071
6,733
55
1,090
1,178
1,417
1,538
1,598
1,755
1,911
1,963
2,105
2,212
2,428
2,795
3,039
3, 210
3,212
3,500
3,688
3,897
4,449
4,779
56
590
714
609
736
668
822
765
848
836
879
874
896
942
971
975
1,006
1,023
1,046
1,103
1,040
1,192
1,100
1, 223
1,152
1,378
1,257
1, 531
1,328
1, 706
1, 381
1,754
1,508
1,998
1,471
2,105
1,575
2,245
1,669
2,402
1, 712
57
58
445
513
550
570
567
592
676
663
699
724
748
810
884
931
1,020
1, 068
1,082
1, 128
1,164
1,248
59
Personal Consumption Expenditures, by
(Millions of dollars)
1929
Line
60
VHI Transportation
1 . User-operated transportation
a. New ears and net purchases
of used cars (d,c.)
b. Tires, tubes, accessories,
and parts (d.c.)
_-•
c. Automobile repair, greasing, washing, parking,
storage, and rental (s.)-—
d. Gasoline and oil (n. d. c.)__
e. Bridge, tunnel, ferry, and
road tolls (s ) f. Automobile insurance premiums less claims paid
(s)
2. Purchased local transportation.
a. Street and electric railway
and local bus (s )
b Taxicab (s.)
- c. Railway (commutation)
(s)
3. Purchased intercity transportation
a. Railway (excluding commutation) and sleeping
and parlor car (s )
b Intercity bus (s.)
- _
c Airline (s.)--"
_____
d Other i« (s )
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
IX Recreation
1. Books and maps (d.c.)
2. Magazines, newspapers, and
sheet music (n.d.e.).
3. Nondurable toys and sport supplies " (n.d.e.).
4. Wheel goods, durable toys,
sport equipment, boats, and
pleasure aircraft v (d.c.).
5. Radio and television receivers,
records, and musical instruments (d.c.).
78
79
80
81
82
6. Radio and television repair (s.)_
7. Flowers, seeds, and potted
plants (n.d.c.).
8. Admissions to specified spectator amusements,
a. Motion picture theaters
(s.).
b. Legitimate theaters and
opera, and entertainments of nonprofit institutions (except athletics) (s.).
c Spectator sports 18 (s.)-9. Clubs and fraternal organizations except insurance 19 (s.-).
10. Commercial participant amusements 2° (s.).
11. Pari-mutuel net receipts (s.) —
12 Other 21 (s )
._
83
84
85
86
87
88
89
90
91
92
93
1933
1934
1935
1936
1937
1938
1939
1940
1941
7, 612
6,147
5 003
3,981
3,987
4,596
5,281
6, 131
6,517
5,633
6,365
7,143
5,960
4,662
3,747
2,935
3,035
3,584
4,217
4,956
5, 288
4,453
5,128
5,872
2,588
1,642
1,144
635
779
1,024
1,508
1,921
1,988
1,228
1, 679
648
523
433
314
280
346
368
402
433
398
776
1,814
624
1,749
509
1,540
385
1,476
392
1,466
445
1,640
457
1,743
520
1,945
543
2, 143
40
43
46
43
42
43
42
44
94
1, 117
81
1,053
76
921
82
786
76
720
86
761
99
790
820
220
772
208
705
152
624
109
578
96
605
11
1
626
119
1942
1943
1944
8,438
5,529
5 539
5 848
7,031
3,581
2, 859
3,045
2,217
2,706
415
410
322
484
530
673
303
366
449
517
2,145
596
2,181
647
2,273
772
2,649
594
2,090
558
1,339
695
1,384
44
41
46
50
58
43
31
35
124
845
137
871
124
842
142
878
155
907
173
978
136
1,294
155
1,646
160
1,726
674
127
684
145
660
141
684
153
714
153
760
177
980
261
1 237
353
1 299
370
77
73
64
53
46
45
45
44
42
41
41
40
41
53
56
57
535
432
335
260
232
251
274
330
358
338
359
364
429
654
1,034
1,077
413
52
3
67
333
53
2
44
247
50
2
36
170
48
3
39
154
46
3
29
169
44
4
34
173
62
6
33
210
74
8
38
232
80
8
38
209
89
8
32
216
98
12
33
214
101
18
31
234
137
23
35
364
241
23
26
664
315
24
31
677
336
33
31
4, 331
3,990
3,302
2,442
2,202
2,441
2,630
3,020
3,381
3,241
3,452
3,761
4,239
4,677
4,961
5,422
309
538
264
512
253
479
153
428
152
419
165
441
183
456
208
490
243
518
221
514
226
554
234
589
255
636
291
703
366
838
450
880
336
281
266
207
181
200
216
242
269
268
285
306
362
404
393
459
219
172
159
110
93
118
136
171
210
210
228
254
314
306
271
323
1,012
921
478
268
195
229
248
333
385
339
420
494
607
634
403
311
26
221
27
190
24
134
19
89
14
90
17
116
21
130
21
159
23
186
25
176
28
191
32
201
36
229
46
241
60
274
72
327
9.13
892
854
631
573
625
672
759
818
816
821
904
995
1,204
1,455
1,563
720
732
719
527
482
518
556
626
676
663
659
735
809
1,022
1,275
1,341
127
95
78
57
41
42
44
50
53
58
64
71
79
92
118
142
66
302
65
294
57
277
47
242
50
208
65
199
72
197
83
198
89
203
95
200
98
199
98
203
107
203
90
205
62
217
80
236
207
203
175
132
121
135
141
165
194
164
183
197
210
213
215
241
8
240
7
227
6
197
4
159
6
150
19
177
26
204
29
245
38
294
44
264
41
276
55
292
65
327
69
361
79
390
131
429
683
665
570
479
480
503
541
594
612
620
632
692
801
936
943
219
162
242
170
251
185
226
158
203
121
210
121
224
122
237
140
243
174
249
192
259
195
271
198
278
208
300
221
345
239
375
266
283
271
229
186
155
149
157
164
177
171
166
163
206
280
352
302
XI. Religious and welfare activities &.—
(s.)
1,196
1,209
1, 125
973
872
870
862
899
900
923
938
1,012
1,060
1,207
1,428
1,667
511
499
367
285
206
207
217
264
310
261
209
87
120
159
276
638
632
611
445
334
258
276
303
368
433
379
333
172
189
128
143
175
21
20
20
20
18
16
20
18
18
18
20
20
25
153
273
632
142
132
98
69
70
85
106
122
140
135
144
105
94
122
140
169
1
1
XII. Foreign travel and other, net
1. Foreign travel by United States
residents (s.).
2. Expenditures abroad by United
States Government personnel
(military
and
civilian)
(n.d.c.).
3. Less: expenditures in the
United States by foreigners (s.)
4 Less* personal remittances in
kind to foreigners (n.d.c.).
99
100
101
102
103
1932
664
96
98
1931
1. Higher education 22 (s.) -__,.____2. Elementary and secondary
schools 22 (s.).
3 Other 23 (s )
_
X. Private education and research
94
95
97
1930
99,336 108,255
Total personal consumption expenditures- - 77,222
69,880
60,464
48,589
45,795
51,335
55,699
61,912
66,507
63, 920
66,834
70,824
9,212
7,155
5,485
3,646
3,469
4,213
5,111
6,304
6,925
5,686
6,670
7,766
9,647
6,947
6,572
6,718
37,686
34, 022
28,956
26,691 29,322
32,857
35,224
33,953
35,116
37,017
42,853
50,753
58,597
64,348
104
Durable commodities (d.c.)
105
Nondurable commodities (n.d.c.)
22,741 22,257
80,575 88,501
30,324 28,703 26, 023 22,202 20,069 20,431 21,266 22,751 24,358 24,281 25,048 .26,041 28,075 30,801 34, 167 37,189^
106
Services (s.)
__ _--_
8. The principal house furnishings included are floor coverings, comforters, quilts, blankets,
*Consumer durable commodities are designated (d.c.), nondurable commodities (n.d.c.),
pillows, picture frames, mirrors, art products, portable lamps, and clocks. Also includes
and service (s.) following group titles. N.A. Not available.
writing equipment and hand, power, and garden tools.
1. Expenditures for food (items 1-4) include consumer expenditures for alcoholic beverages.
9. Consists mainly of textile house furnishings (except those specified in group V-4) includEstimates of consumer expenditures for alcoholic beverages will be issued at later date.
ing piece goods allocated to house furnishings use. Among other products covered are lamp
2. Comprises purchases of meals and beverages from retail, service, and amusement estabshades, brooms, and brushes.
lishments, hotels, dining and buffet cars, schools, school fraternities, institutions, clubs, and
10. Comprises maintenance services for appliances and house furnishings, moving and
industrial lunchrooms, and also tips.
warehouse expenses, postage and express charges, premiums for fire and theft insurance on
3. Includes luggage.
personal property less claims paid, and miscellaneous household operation services.
4. Comprises watch, clock and jewelry repairs, costume and dress suit rental, and miscel11. Comprises services of osteopathic physicians, chiropractors, chiropodists and podialaneous personal services related to clothing.
trists, private duty trained nurses, and miscellaneous curative and healing professions.
5. Space rent covers heating and plumbing facilities; water heaters, lighting fixtures, kitchen
12. Comprises current expenditures (including depreciation) of nonprofit hospitals and
cabinets, linoleum, storm windows and doors, window screens, and screen doors, but excludes
sanitariums and payments by patients to proprietary hospitals, sanitariums, and nursing
other furnishings, equipment, and related services—furniture, stoves and ranges, refrigerhomes.
ators, repairs of furniture and appliances, fuel, electricity, etc.
is/Premiums less claims: accident and health insurance, mutual accident and sick
6. Comprises transient hotels, motels, clubs, schools, and institutions.
benefit associations, and group hospitalization associations. Also covers administrative
7. Includes refrigerators and freezers, cooking ranges, dish washers, laundry equipment,
heating stoves, air conditioners, sewing machines, vacuum cleaners, and other electric
and medical expenses of group health associations and student fees for medical care.
appliances.
22
Type of Product*—Continued
1945
1946
1947
1948
1949
(Millions of dollars)
1950
1951
6,845
11,946
15, 172
17, 659 20, 793 24, 672 24,508
3,992
9,017
12, 270
14, 670
17, 910 21, 866 21, 548
1952
1953
1954
1955
1956
1957
1958
25,097
29,739
29,732
35,574
34,811
37, 909
35,634
41, 184
22, 037 26,647
26,768
32, 589
31, 725
34, 755
32, 572
37,980
16,840
14,686
16, 281
13, 258
17,154
1,581
1, 733
1,972
2,120
2,362
1959
1961
1962
1963
1964
43, 134
41,455
45,975
49, 124
51,555
60
39, 825
38,135
42, 516
45, 676
47,954
61
17, 748
15,991
19, 486
21,549
22,814
62
2, 353
2,430
2,557
2,707
2,970
63
1960
Line
357
2,563
4,843
6,144
8,637
11, 521
10, 125
9,501
652
1,391
1, 385
1, 315
1,216
1,545
1,507
1,633
1,461
1, 317
957
1, 809
1,704
3, 034
1,961
3,630
2,194
4,446
2,373
5,031
2, 509
5,431
2, 820
6,128
2,932
6,833
3, 258
7, 715
3,304
8, 177
3,619
9,000
3,918
9, 783
4,225
10, 642
4,387
10, 951
4,805
11, 571
5,198
12, 252
4,973
12,386
5,200
12, 908
5, 541
13,457
5,646
14,023
64
65
42
65
70
78
87
97
11]
137
151
161
171
196
225
250
292
308
315
327
346
366
66
175
1,746
260
1,908
381
1, 927
493
1,989
566
1,951
763
1,934
857
1,965
1,001
1,990
1,301
2,008
1,514
1,938
1,378
1,933
1, 409
1,971
1, 410
1,987
1,606
1, 917
1,796
1, 971
1,966
2,001
2,040
1,953
2,038
1,981
2,076
1,976
2,135
1, 998
67
68
1,316
372
1,334
511
1, 328
532
1,405
508
1,407
465
1,368
487
1,371
511
1, 382
519
1,385
530
1,333
509
1,292
540
1,285
579
1,255
616
1,219
574
1, 244
602
1,270
609
1,256
570
1,266
588
1,251
595
1,271
593
69
70
12, 761 12, 295
58
63
67
76
79
79
83
89
93
96
101
107
116
124
125
122
127
127
130
134
71
1,107
1,021
975
1,000
932
872
995
1,070
1,084
1,026
1,052
1,115
1,167
1, 145
1,233
1,308
1,367
1,478
1,472
1,603
72
676
339
55
37
567
338
82
34
534
315
91
35
548
317
101
34
466
319
116
31
394
309
141
28
447
332
188
28
465
351
226
28
442
346
266
30
394
305
298
29
378
295
349
30
373
317
445
32
338
296
479
32
323
299
579
32
319
313
646
30
309
321
707
30
303
336
809
30
268
316
857
31
261
324
987
31
73
74
75
76
6,139
8,539
9,249
9,692
10,010
12, 102 12,720
13,077
'14,078
15,333
15,817
17,381
18,295' 19,506
20,474
21,581
23,824
77
1,396
2,348
1,523
2,415
1,562
2,521
1,883
2,767
78
79
11, 147 11,564
520
965
589
1,099
531
1,243
584
1,374
627
1, 454
674
1,495
776
1, 573
788
1,689
830
1,776
806
1,825
867
1,869
385^
304
394
32
14,979
951
1, 880
983
1,973
1,022
2,061
1,159
2,110
1,304
2,193
553
840
907
1,076
1,170
1,394
1, 662
1, 708
1, 694
1,624
1,803
1,951
2,047
2,115
2,306
2,417
2,702
2, 792
2,868
3,085
80
400
793
955
965
836
869
897
989
1,090
1,174
1, 386
1,573
1, 720
1,845
2,038
2,106
2,129
2,269
2,435
2,723
81
344
1,116
1, 398
1,450
1,675
2,421
2,236
2,349
2,588
2,726
2,869
2, 938
2,825
2, 836
3,330
3,412
3,668
3,935
4,275
4, 998
82
88
378
115
416
140
442
174
440
202
451
283
457
353
495
393
526
434
545
482
540
516
546
573
554
628
587
681
544
735
599
801
641
839
702
882
739
906
801
954
859
83
84
1, 714
2,066
2, 003
1,918
1,872
1, 781
1, 716
1, 655
1,605
1,672
1, 801
1,899
1,655
1,538
1,571
1,606
1,625
1,646
1,692
1,767
85
1,450
1,692
1,594
1, 506
1, 451
1,376
1,310
1,246
1,187
1,228
1, 326
1,394
1,126
992
958
951
921
903
900
923
86
148
174
187
180
182
183
186
189
197
220
245
268
287
297
344
365
398
417
446
476
87
116
281
200
359
222
397
232
435
239
454
222
462
220
477
220
498
221
517
224
539
230
569
237
611
242
653
249
692
269
721
290
733
306
763
326
773
346
803
368
850
88
89
284
379
404
425
428
448
472
489
514
528
584
654
738
848
991
1,161
1, 299
1,366
1,426
1, 461
90
381
887
414
981
438
1,086
454
1,181
493
1,328
517
1,404
536
1, 499
564
1,570
626
1, 666
693
1,784
91
92
153
459
241
526
255
574
257
594
247
594
239
624
255
652
327
691
372
755
368
793
936
1,026
1,243
1,387
1,507
1,618
1,748
1,870
1,999
2,130
2,339
2,574
2,853
3, 140
3,417
3,718
4, 028
4,392
4,868
5,304
93
377
299
448
267
585
316
636
369
692
399
725
440
749
501
779
557
820
611
871
664
948
731
1,036
807
1,154
905
1,282
1,006
1,432
1,105
1, 597
1,218
1, 794
1,331
2,018
1,452
2, 279
1,604
2,544
1,731
94
95
260
311
342
382
416
453
498
534
568
595
660
731
794
852
880
903
903
922
985
1,029
96
1,735
1,943
1,984
2,150
2,150
2,282
2,437
2,784
2,929
3, 154
3,257
3,677
3,860
4, 178
4,434
4,748
4,926
5,082
5,343
5,791
97
1,192
-76
5
292
601
630
831
1,106
1,449
1,481
1,590
1,679
1,708
1,824
1,963
2,179
2,166
2,529
2,778
2,884
98
267
450
597
727
850
920
924
1,044
1, 174
1,263
1,456
1,624
1,738
1, 900
2, 113
2,317
2, 319
2,556
2, 840
3,006
99
1,158
106
165
228
357
321
581
806
1,100
1,051
1,044
1, 082
1,090
1,077
1,098
1, 085
1,077
1,150
1,170
1,271
100
203
360
418
399
451
481
568
637
703
735
830
920
997
1, 046
1,138
1,087
1, 100
1,059
1, 100
1,262
101
30
272
339
264
155
130
106
107
122
98
80
107
123
107
110
136
130
118
132
131
102
119, 701 143,400 160,704 173,555 1.76,803 191,009 206,266 216,679 229,969 236,494
254,381
266, 675 281,432
290,069
335, 152 355,057
373,812
398,907
103
53,443
58,732
104
168,024
177,535
105
8,044
71,903
15,757 20,394
82,371
90,471
22,677
96,215
24,628
94,545
32,836
39,639
98,110 108,753 113,950 116,792 118,278
123,309
30,477
29,648 29, 334 33,248
39,754 45,269 49,839 54,663 57,630 62,422 67, 865 73,395 79, 929 85,380 91,433
14. Comprises total operating expenses of life insurance companies and fraternal and
assessment associations, excluding payments to policyholders and expenses allocated to
accident and health insurance.
15. Comprises total payments to labor unions minus cash benefits, employment agency fees,
employees' payments to professional associations, money order fees, classified advertisements,
net purchases from pawnbrokers and miscellaneous second-hand stores, and other personal
business services.
16. Comprises baggage charges and coastal and inland waterway and ferry foot passenger
fares.
17. Groups IX-3 and IX-4 include games, toys, sporting, athletic, and photographic goods,
and related products. These commodities are divided roughly between the two groups
on the basis of durability.
18. Comprises professional baseball, football, and hockey, horse and dog race tracks, college
football, and other amateur spectator sports.
19. Comprises gross receipts less cash benefits of fraternal, patriotic, and women's organizations except insurance; and dues and fees of athletic, social, and luncheon clubs, and school
fraternities.
20. Comprises billiard parlors, bowling alleys, dancing, riding, shooting, skating and
38,920
129,262
40, 795
135,589
37,881
140,152
311,207 325,241
44,306
45,294
.44,180
49,540
146,623
151,295
155,903
162,557
98,493 105,048 112,036 120,278 128,652 135, 069 142, 960 152,345 162,640 106
swimming places, amusement devices and parks, daily fee golf course greens fees, golf instruction, club rental, and caddy fees, sightseeing buses and guides, and private flying operations.
21. Comprises photo developing and printing, photographic studios, collectors' -net acquisitions of stamps and coins, hunting dog purchase and training, sports guide service, veterinary
service, purchase of pets, camp fees, nonvending coin machine receipts minus payoff, and other
commercial amusements.
22. The estimates represent current expenditures (including depreciation). They are net of
receipts accounted for separately in consumer expenditures, such as receipts from meals,
rooms, and entertainments, and also exclude expenditures for research and development
financed under outside contracts or grants.
23. Comprises fees paid to commercial, business, trade, and correspondence schools; fees
for musical, dancing, and other instruction except athletics; and current expenditures (including depreciation) of foundations for education and research.
24. Comprises religious bodies, social welfare and foreign relief agencies, political organizations, museums and libraries, and foundations (except foundation expenditures for education
and research). The estimates represent current expenditures .including depreciation but
excluding relief payments within the United States), and are net of receipts accounted for
wseparately in consumer expenditures, such as receipts from meals, rooms, and entertainments.
23
SURVEY OF CURRENT BUSINESS
24
Financing and Sales of Foreign Affiliates of U.S. Firms
(Continued from page 19}
Table 7.—Sales of Mining Affiliates Abroad, by Area and Destination, 1957, 1963, and 1964
(Millions of dollars)
Total sales
Local sales
Exported to
United States
Area
1957
All areas, total
1964
1963
1957
1963
1964
1957
1963
Exported to
other countries
1964
1957
1963
1964
2,032 2,402 2,963
325
432
623
898
962 1,084
809 1,008
Canada.
740 1, 000 1,250
124
235
335
400
465
560
216
300
355
Latin America, total
Mexico, l Central America, and West
Indies
South America.
Other Western Hemisphere
920
963 1,200
104
122
206
403
452
450
413
389
544
223
586
111
223
620
120
67
37
(*)
80
41
1
100
1,05
1
112
228
63
123
227
102
74
256
120
44
321
48
20
352
17
65
460
19
239
821
140
1,256
70
50
5.,0
18
10
10
4
2
48
38
40
238
285
330
49
4
3
77
37
65
112
244
262
65
104
133
31
61
69
14
6
9
20
37
55
Europe
Africa
_.
Asia and Oceania
__ _ _
NOTE.—Detail may not add to totals because of rounding,
and 1964.
latest data showing the coverages of
the samples used and a reconciliation
with data collected for use in the
balance of payments accounts.
Table I updates figures on the exploration and development expenditures
of foreign affiliates charged against
their income accounts. These figures
can be used in conjunction with the
data on plant and equipment expenditures given in this article and in
the SURVEY for September 1965 to
provide a more complete picture of
foreign investment activity by U.S.
firms.
Sales of Foreign Manufacturing Affiliates, by Area, 1964
(Millions of dollars)
Reported
data
Area
Estimated
total
Percent
reported
29, 511
All areas
Canada
Latin America
Europe
Other areas
__
37,270
11, 450
5,100
16, 500
4, 220
75
76
84
77
1 West Indies excludes Cuba in 1963
Reconciliation of Data on Capital Flows and Earnings
by Industry, 1964
(Millions of dollars)
Data on capital flows and
earnings
Net capital outflow appearing in balance of payments
accounts
Less:
Purchases of existing enterprises and minority interests
Retained branch profits
Plus:
U.S. financing, other than
parent
Other adjustments and residual i _
Equals:
Net funds from U.S.
(table 1)
Undistributed earnings of
subsidiaries consistent
with balance of payments
accounting
Plus:
Undistributed earnings of
minority interests
Retained branch profits
Other adjustments and
residual
Equals:
Retained earnings as derived from table 1
Total, Minspeci- ing Petro- Manufied
and leum
facindus- smeltturing
tries
ing
1 824
89
739
996
349
107
2
100
11
1
336
6
48
—47
—2
97
40
19
10
11
1,456
—41
735
762
967
102
—49
914
274
107
131
100
3
1
140
6
115
—48
52
1,463
285
7
1,171
i Includes sales to foreigners of equity interests in existing
affiliates.
Plant and Equipment Expenditures of Foreign Affiliates,
by Industry, 1964
Price Changes
(Millions of dollars)
(Continued from page 6)
Industry
Reported
data
Estimated
total
Percent
reported
All industries
4,970
6,118
81
Mining and smelting
Petroleum. _
M anuf acturing
Trade
Other industries
341
1,876
2,311
218
224
420
2,066
2 983
328
321
81
91
77
66
70
Although the average level of prices
was greater in the third quarter than in
the second, the advance was very small,
and indeed since late spring, the overall
level of consumer prices has been quite
steady.
The unusual spurt in prices this
spring reflected mainly a sharp advance
in food prices, particularly for meats,
fruits, and vegetables; prices of these
commodities have eased somewhat since
early summer.
Prices of nonfood commodities, which
had been fairly stable through most of
1964, rose an average of one-half of 1
percent in each of the first two quarters
of this year but fell back somewhat in
the third quarter. In household durables and new cars, part of the summer
decline resulted from the excise tax
reduction. Since the tax cuts, seasonally adjusted prices of household
durable goods have edged down further,
while new car prices (through September, just before the introduction of the
1966 models) have shown no significant
change, after allowance for the usual
seasonal influences. Used car prices,
which rose contraseasonally at the time
of the auto strikes early last winter,
have weakened steadily this year and
are now below the level of a year
earlier.
Prices of consumer services have
continued to increase about as much
as in recent years. Prices of transportation, medical, and "other" services
have risen a little more than the average
for all services, and household services
(excluding rent) somewhat less.
111
79
8,566
3,879
13, 807
3,259
*Less than $500,000.
(*)
November 1965
Uptrend in CPI continues
From the first to the second quarter
of 1965, the Consumer Price Index rose
about % of 1 percent after seasonal
adjustment, about double the average
quarterly rise of the preceding year.
Recent Financial Developments
(Continued from page 13)
such items in table 11 of the August
SURVEY which accrue to the nonfarm,
nonfinancial group of corporations; the
items classified under "increase in
physical assets" represent the portion of
those of "gross private domestic investment" (tables I and II of the August
1965 SURVEY) which was purchased by
this group of corporations.
OBE is presently preparing a broad
industrial breakdown of the sources and
uses of funds of nonfarm, nonfinancial
corporations.
GPO : 1965 O - 791-025
CURRENT BUSINESS STATISTICS
A HE STATISTICS here update series published in the 1963 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1959 through 1962 (1951-62, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1963 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (f), respectively; certain revisions for 1962 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the August 1963 issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding
to revised monthly averages are available upon request.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1963 | 1964
1962
III
Annual total
Data from private sources are provided
1963
| IV
I
II
1964
III
IV
I
|
1965
II | III |
IV
I
| II | III
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS— Quarterly Series
NATIONAL INCOME AND PRODUCT
$-.
560. 3
589.2
628.7
564.4
572.0
577.0
583.1
593.1
603.6
614.0
624.2
634.8
641.1
Personal consumption expenditures, total. _do —
355.1
373.8
398.9
357.2
363.0
368.0
371.1
376.6
379.5
389.1
396.0
404.6
405.9 ^416.9
424.4
Durable goods total©
do
Automobiles and parts
_ __ _ do_.
Furniture and household equipment.. -do
Nondurable goods, total©
do
Clothing and shoes
do
Food and beverages
do
Gasoline and oil
do
Services, total ©
do
Household operation
do
Housing
_. do__
Transportation
do
Gross private domestic investment, total
do
Fixed investment
_
_ __ __do _
Nonresidential
do
Structures _ _ _
_
_ _ _ _ d o
Producers' durable equipment. _ _ _ _ d o _
Residential structures
do
Nonfarm _
_ _ _ _
do _
Change in business inventories
do
Nonfarm
_
_
do-Net exports of goods and services
.do
Exports
_
do
Imports _.
_
._
... _ do .
Govt. purchases of goods and services, totaL.do
Federal.. _ . _ _
__ _ _ _ _ _ _ _ do_
National defense
do
State and local
do
By major type of product: f
Final sales, total. _ __ __ __
__ do
Goods, total
do
Durable goods
do
Nondurable goods
do
Services
do
Structures
do
Inventory change, total
_
do— .
Durable goods. _ _
do
Nondurable goods___
.do
49 5
22.0
20.5
162.6
29.6
85. 7
12.9
143. 0
22.0
52.0
11.0
83.0
77.0
51.7
19.2
32.5
25.3
24.8
6.0
5.3
5.1
30.3
25.1
117.1
63.4
51.6
53.7
53 4
24.3
21.9
168.0
30 5
88.2
13.5
152 3
23.1
55.5
11 4
86.9
81.2
54.3
19.7
34.6
26.9
26.3
5.7
4.9
5.9
32 4
26.4
122.6
64.4
50 8
58.3
58.7
25.8
24.7
177.5
33 3
92.3
14.0
162 6
24.4
59.5
11 7
92.9
88.1
60.5
21.1
39.4
27.5
27.0
4.8
5.4
8.6
37.0
28.5
128.4
65.3
49 9
63.1
50 1
22.3
20.7
163.2
29 7
86 2
12.9
144 0
22 2
52 6
11 0
84.3
79.2
53 1
19.7
33.5
26 0
25.4
5.2
4 3
5.4
30 6
25 2
117.4
63.3
51 3
54 1
51.1
23.0
21.0
165.3
30 2
86.7
13.4
146 7
22 4
53.6
11 2
84.7
78.3
52.7
19.5
25 6
25.0
6.4
5.3
4.9
30 5
25 5
119.3
64 4
50 9
55 0
52.2
23.6
21.4
166. 6
30 3
87.5
13.3
149 2
22 8
54.5
11 3
82.6
78.1
52.1
19.0
33.1
26 0
25.4
4.5
38
4.5
30 0
25 6
121.9
65 4
51 5
56 5
52 6
23 9
21.4
167.4
30 2
88 1
13.4
151 1
22 8
55 3
11 4
84.8
80.1
53 4
19 2
34.2
26 7
26 1
4.7
4 2
6.2
32 4
26 2
120.9
63 6
50 5
57 4
54 1
24.6
22.1
169.2
31 1
88 5
13.5
153 3
23 5
55 7
11 4
87.9
82.1
55 1
20.0
35.1
26 9
26,4
5.8
52
5.7
32 6
26 9
123. 0
64 2
51 0
58 8
54 9
24.9
22.7
168.9
30 6
88.7
13.7
155 7
23 3
56.5
11 5
92.4
84.3
56 5
20.5
36.0
27 9
27 3
8.1
69
7.3
34 4
27 1
124.3
64 4
50 3
59 9
57 4
25 5
23.9
173.7
32 3
90.6
14.0
158 0
23 6
57.5
11 7
89.7
86.5
58 1
20.7
37.5
28 4
27.8
3. 9
O
36
8.8
36 3
27 5
126.3
65 0
49 8
61 3
59 1
25.7
25.1
175.7
33 2
91.3
13.9
161 2
24 4
58.8
11 7
90.9
86.8
58.9
21.1
37.9
27 9
27.3
4.1
51
7.7
36 0
28 2
129.7
67.0
51 7
62 7
60 5
27.1
25.0
179.8
33 8
93 3
14.0
164 3
24 8
60 1
11 8
92.6
88.8
61 6
21.1
40.5
27 2
26.6
3.8
46
8.8
37 3
28 5
128.7
64 9
49 5
63 8
57 9
24 8
24.8
180.9
34 0
94 1
14.2
167 1
24 8
61 4
11 9
97.7
90.2
63 5
21.5
42.0
26 7
26 2
7.5
78
8.9
38 4
29 5
128.6
64 3
48 8
64 3
63 9
29 7
25.3
183.0
34 3
94 9
14.2
170 0
24 9
62.7
12 0
102.4
93.7
66 0
21. 8
44.2
27 7
27.1
8.7
93
6.2
34 8
28 6
130.9
64 9
48 9
66 0
63 7 r 65 0
28 9 '29.8
25.6 '26.1
187.6 ' 191. 1
35 0 '35 7
97 2 '99 3
14.7
14.8
173 1 r 176 1
25 3 '25 9
64.0
65.3
12 1
12 2
101.1 ' 102. 0
94.4 '95.9
66.4 '68. 3
23.2
22.7
43.7 '45. 1
28. 0
27.6
27.5 '27. 1
6.7
6.1
6.0
7.1
7.5
'8.1
39 8 '40 0
32.3 r31.8
132.9 '135.2
65.9 '67.1
49 4
50 8
67.0 ' 68. 1
554.3
278 5
106.2
172 2
213 3
62 6
6.0
28
3.2
583 5
291 1
113.1
178 1
226 9
65 5
5.7
28
2.9
623 9
311 3
122 8
188 4
244 0
68 6
4.8
33
1.5
559 2
281 1
107 9
173 2
214 6
63 6
5.2
29
2.3
565 6
283 8
108 1
175 6
218 5
63 4
6.4
17
4.7
572 5
287 2
109 8
177 4
222 1
63 2
4.5
2 0
2.5
578 4
289 2
112 0
177 2
225 1
64 1
4.7
34
1.4
587 3
2C2 9
114 3
178 6
228 2
66 2
5.8
23
3.5
595 5
295 3
116 2
179 1
232 1
68 0
8.1
38
4.3
610 7
304 9
120 1
184 9
237 3
68 5
3.3
22
1.1
620 1
308 3
121 6
186 8
242 8
69 0
4.1
35
.6
631 0
316 0
125 4
190 6
246 4
68 6
3.8
27
1.1
633 6
315 8
124 3
191 5
249 7
68 1
7.5
44
3.1
647 6
323 8
130 9
192 9
254 2
69 6
8.7
71
1.6
659 2
330 5
132 3
198 2
257 8
70 9
6.7
62
.5
530. 0
550.0
577 6
533 6
538 5
541 2
544 9
553 7
560 0
567 1
575 9
582.6
584 7
597 5
601. 4 ' 609. 7
338.6
352.4
372.1
340.3
344.8
348.3
350.0
355.1
356.4
364.5
369.8
377.3
376.8
385.9
390.2
396.7
do
do
_ do
49 2
158.4
131 1
53 2
161.8
137 3
58 5
169.4
144 2
49 7
158.9
131 8
50 8
160.2
133 8
52 0
161.0
135 3
52 3
161.2
136 5
54 1
163.0
138 0
54 7
162.1
139 6
57 0
166.4
141 1
58 7
167.8
143 3
60 2
171.6
145 5
57 9
171.8
147 1
63 7
173.4
148 8
63 5
176.2
150.5
66.0
178.4
152.3
Gross private domestic Investment, total... do
Fixed in vestment _ _
do
Nonresidential
do
Residential structures
do
Change in business inventories
do
Net exports of goods and services...
do
79.4
73 4
49 7
23.8
6 0
4.5
82.3 . 86.3
76 6
81 7
51 9
57 1
24.7
24.6
57
46
5.6
8.5
80.6
75 3
51 1
24.2
53
4.9
80.7
74 5
50 7
23.8
6 2
4.4
78.7
74 2
50 0
24.2
44
4.0
80.5
75 8
51 2
24.6
4 6
5.8
83.0
77 2
52 6
24.6
58
5.5
86.9
79 0
53 7
25.3
79
83.8
80 7
55 1
25.7
30
9.0
85.2
80 7
55 7
25.0
45
8.1
86.0
82 2
58 1
24.1
38
8.7
90.2
83 1
59 6
23.6
71
8.3
94.7
86 2
61 9
24.3
86
6.0
93.0
86.5
62 0
24.5
6.5
6.7
92.9
87.0
63 4
23.6
5.8
7.3
Gross national product, totalf
',
foil.
oo o
656. 4
665. 9 ' 677. 5
432.2
671 3
338 2
136 0
202 3
262 0
71 1
6.1
59
.2
GNP in constant (1958) dollars
Gross national product, totalf
foil.
$
Personal consumption expenditures, totaL.do
Durable goods _ __
Nondurable goods
Services
„
„
_
Govt. purchases of goods and services, total-do
107.5
109.8
110.7
107.8
108. 5
Federal
do
60 0
59 7
57 8
60 2
60 6
State and local
_._
_
do
47.5
50.0
52.8
47.6
48.0
' Revised. *> Preliminary. fRevised series. Estimates of national income and product
and personal income have been revised back to 1929 (descriptive material and earlier data
appear on p. 6 ff. and p. 24 ff., respectively, of the Aug. 1965 SURVEY); revisions prior to June
7.1
110.3
108.7
109.9
112.8
110.0
109.6
59 2
61 3
59 7
59 9
58 7
58 2
49! 1
49.5
50.3
50.8
51.7
52.9
1964 for personal income appear on pp. 54-56 of the
shown separately.
112.9
111.5
110.9
110.5
109.4
57.6
56.8
56 4
57 1
56 1
54.7
55.3
54.5
53.3
53.4
Aug. 1965 SURVEY. ©Includes data not
s-1
791-025 O - 65 - 3
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963 | 1964
1962
Annual total
IV
November 1965
I
II
1965
1964
1963
III
IV
I
II
III
IV
I
II
III
IV
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
National income totalt
bil $
Compensation of employees, total
do
Wages and salaries, total
Private
Military
Government civilian
SirpplGments to wages and salaries
Proprietors' income total 9
Business and professional 9
Farm
Rental income of persons
Corporate profits and inventory valuation
ment total
323. 6
296.1
240.1
10.8
45.2
27.5
50. 1
37.1
13.0
16.7
481.1
341.0
514.4
365.3
311.2
251.6
10.8
48.8
29.8
50.8
37.8
13.0
17.6
333.5
269.2
11.7
52.6
31.8
51.1
39.1
12.0
18.2
328.8
300.6
243.5
10.3
46.8
28.2
49.8
37.3
12.6
17.2
470.4
333.6
476.7
338.0
484.6
343.0
492.6
349.5
501. 6
355.1
510.5
361.9
519.5
526.3
541.4
550.3 P558.4
369.0
375.4
383.1
388.7
395.2
349.8
282.9
11.8
55.0
33.4
51.9
39.9
12.0
18.5
355.0
287.3
11.8
55.9
33.8
54.6
40.1
14.5
18.6
360.9
291.9
12.3
56.7
34.2
54.6
40.4
14.2
18.6
72.0
»73.3
304.5
246.3
10.5
47.7
29.0
50.7
37.5
13.2
17.1
308.4
249. 4
10.6
48.4
29.6
50.5
37.6
12.9
17.4
312.9
253.2
10.7
49.1
30.1
50.9
37.9
13.0
17.7
318.8
257.4
11.6
49. 9
30.7
51.0
38.0
13.0
18.0
324.2
261.6
11.6
51.0
30.8
50.4
38.5
11.9
17.9
330. 4
266.9
11.6
51.9
31.5
51.0
39.0
12.0
18.1
336.8
271.7
11.7
53.3
32.2
51.4
39.4
12.0
18.3
342.6
276. 5
11.9
54.3
32.7
51.8
39. 6
12.2
18.5
63.6
64.5
65.5
64.9
71.7
65.9
28.1
37.8
17.7
20.0
-1.0
73.1
29.1
44.0
17.8
26.2
-1.4
58.1
64.5
57.4
56.3
57.6
59.1
59.6
55.4
24.2
31.2
15.2
16.0
.3
58.6
26.0
32.6
15.8
16.8
-.4
64.8
27.6
37.2
17.2
19.9
-.3
56.5
24.7
31.8
15.6
16.3
.9
56.1
24.9
31.2
15.6
15.6
.2
58.5
26.0
32.6
15.7
16.8
-.9
58.9
26.1
32.8
15.8
17.0
.2
60.8
27.0
33.8
16.1
17.7
-1.2
64.0
27.3
36.7
16.7
20.0
-.4
64.5
27.5
37.0
17.1
19.9
.0
65.3
27.8
37.5
17.4
20.1
.2
do
-
55.7
11.6
13.6
15.2
12.4
12.7
13.2
13.9
14.5
14.5
15.0
15.4
15.7
16.1
16.4
16.7
442. 6
57.4
385. 3
363. 7
21.6
464.8
60.9
403.8
383.4
20.4
495.0
59.2
435.8
409.5
26.3
450.3
59.5
390.8
371.9
18.9
456. 1
60.4
395.7
377.1
18.5
460. 1
60.6
399.4
380.5
18.9
467.1
61.0
406.1
386.3
19.8
475. 6
61.6
414.0
389.5
24.4
483.0
60.4
422.6
399.3
23.3
490.6
56.9
433.6
406.3
27.3
499.1
58.8
440.3
415.3
25.0
507.1
60.7
446.4
416.9
29.5
516.6
64.8
451. 9
428.1
23.8
524.9
66.0
458.9
436.0
23.0
535.9
64.6
471. 3
444.1
27.2
37.31
39.22
44.90
10.18
8.25
9.74
10.14
11.09
9.40
11.11
11.54
12.84
10.79
12.81
14.68
7. OB
7.65
15.69
7: 85
7.84
18.58'
9.43
9.16
4.13
2.03
2.10
3.27
1.62
1.65
3.92
1.96
1.95
3.95
1.96
1.99
4.56
2.31
2.25
3.79
1.93
1.87
4.53
2.30
2.23
4.67
2.37
2.30
5.59
2.83
2.76
4.54
2.25
2.28
5.47
2.76
2.70
5.48
2.71
2.77
6.40
3.24
3.17
1.08
.85
2.07
5.48
3.63
9.52
1.04
1.10
1.92
5.65
3.79
10.03
1.19
1.41
2.38
6.22
4.30
10.83
.27
.20
.50
1.52
.95
2.60
.24
.21
.39
1.04
.85
2.26
.26
.28
.54
1.40
.95
2.41
.27
.29
.45
1.60
.93
2.64
.28
.33
.54
1.61
1.06
2.72
.26
.32
.51
1.18
.97
2.37
.29
.36
.63
1.58
1.10
2.61
.30
.37
.59
1.71
1.06
2.84
.33
.35
.64
1.76
1.17
3.01
.29
.39
.58
1.32
1.08
2.59
.33
.44
.77
1.71
1.24
2.85
.33
.40
.70
1.82
.35
.39
.73
1.84
4.30
34.58
37.95
36.95
41.20
42.55
43.50
45.65
47.75
49.00
50.35
14. 85
7.35
7.50
38.05
15.30
7.65
7.65
40.00
15.00
7.30
7.70
15.95
8.00
8.00
16. 45
8.30
8.15
17. 40
8.85
8.55
17.80
9.00
8.80
18.85
9.60
9.20
20.15
10.15
10.00
20.75
10.40
10.40
21.55
10.80
10.70
22.00
10.90
11. 05
23.00
11.60
11.40
1.00
.80
1.90
5.45
3.60
10.20
1.05
.90
1.70
5.20
3.55
9.65
1.00
1.00
2.05
5.45
3.65
9.65
1.05
1.20
1.85
5.90
3.85
10.20
1.05
1.35
2.10
5.80
4.05
10.45
1.15
1.40
2.30
5.95
4.05
10.25
1.15
1.25
2.25
6.30
4.30
10.45
1.20
1.50
2.40
6.30
4.40
11.00
1.30
1.55
2.60
6.35
4.40
11.40
1.25
1.75
2.55
6. 80
4.55
11. 30
1.30
1.55
2.70
6.85
4.80
11.60
1.30
1.55
2.90
6.55
1.35
1.65
3.00
6.65
8,610
8,803
9,595
8,619
9,263
9,380
9,691
9,997
10, 950
9,882
9,758
7
4, 058
755
1,576
4,219
738
1,594
4,343
721
1,653
4,372
715
1,692
4,410
732
1,736
4,599
720
1,742
4,709
691
1,736
4,901
681
1,800
4,663
662
1,827
5,469
693
1,916
DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income total
bil $
Less: Personal tax and nontax payments
do
Eou*"ils" Disposable personal Income
do
Less* Personal outlays©
do
Equals' Personal saving §
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
All Industries
_bll. $..
Manufacturing
Durable goods Industries
Nondurable goods industries
Mining
Railroads
Transportation, other than rail
Public utilities
,
Communications
Commercial and other
.
_
do
do
do
do
do
do
do
do
_ _do
Seas, adj. qtrly. totals at annual rates:
Nondurable goods industries
do
. Railroads
Transportation other than rail
Public utilities
do
do
do
U.S. BALANCE OF INTERNATIONAL
PAYMENTSd* t
Quarterly Data are Seasonally Adjusted
U.S. payments, recorded
mil. $__ 33, 585
Imports:
Merchandise
Military expenditures
Other services
465.6
do
do
do
do
do
do
Corporate profits before tax total
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Net Interest
_do
do
do
do
do
do
do
do
do
adjustbil $
457.7
36,280
40, 018
73.7 P74.4
29.4
^29.6
44.4
P44.8
18.2 P18.6
26.1 »26.2
-1.7 ' -1.1
do
do
do
16, 173
3,078
5,878
16, 992
2,929
6,515
18, 619
2,824
7,014
4,053
801
1,528
Remittances and pensions
Oovt. grants and capital outflows
do
do
738
4,293
837
4,551
839
4,260
192
1,079
216
1,104
212
1,294
201
1,019
208
1,134
209
966
203
1,083
207
1,085
220
1,126
224
973
do
do
do
do
3,425
1,654
1,227
544
4,456
1,976
1,695
785
6,462
2,376
1,975
2,111
957
514
314
129
1,094
626
562
-94
1,538
466
586
486
682
266
319
97
1,142
618
228
296
1,327
464
274
589
1,344
540
256
548
1,569
551
612
406
2,222
821
833
568
1,533
1,159
688
-314
32, 579
34,011
38,381
8,371
7,764
8,563
8,677
9,007
9,411
9,261
9,695
10,014
9,191
20, 604
9,674
22,069
10, 284
25, 288
11, 729
5,037
2,581
4,993
2,510
5,494
2,, 615
5,622
2, 516
5,960
2,643
6,149
2,935
6,067
2,924
6,382
2,953
6,690
2,917
5,586
3,084
6,762
3,322
1,280
1,021
970
688
697
667
287
466
183
78
194
260
404
135
189
215
213
114
193
77
190
170
101
306
174
347
190
-101
-1,006 -2,269
-1,197
-401
-1,637
-1,161
-239
-472
-1,039 -1,032
-160
-76
58
-268
-256
103
31
-288
-430
-152
-302
-291
-936
-430
-691
-10
s 16.90 s 17. 25
10, 173
do
do
151.15 252.95
264
882
-115
-503
..do
3
288
1,128
U.S. private capital (net)
Direct investments
Long-term portfolio
Short-term
1 13.02 2 14. 30
415
-166
-
U.S. receipts, recorded
Exports:
Merchandise
Services and military sales
_
.
Repayments on U.S. Govt.loans
do
Foreign capital other than liquid funds (net). do
Excess of recorded receipts or payments (-).__ do
Unrecorded transactions (net)
do
Total, net receipts or payments (— )
do..., -2, 203 -2,670 -2,798 -711 -1,199 -1,108 —210
-153
-257
-582
249
-593 -1,366
-701
Net receipts or payments (-), incl. transactions in
nonmarketable, medium-term convertible Govt.
securities
_
_
mil $
-1,967 -2,423
-849
-955
-35
-128
-257
-460
249
-390 -1,316
-650
r
Revised.
» Preliminary.
tSee corresponding no te on p. 3-1 (revi sions for citrs. pric r to 4th qtr. 1962 appear on p. 24 ft\
1
Estimates for July-Sept. 1965 based on anticipated capital expendi tures of Imsiness.
of the August 1965 SUR\ EY).
9 Includ es invent ory valu ation adj ustment.
2
Estimates for Oct.-Dec. 1965 based on anticipated cap ital exp(
jnditures of bus: ness.
®Pe rsonal 01itlays coinprise pe rsonal co nsumpti onexpen ditures, iinterest pilid by consumers,
Anticipated expenditures for the year 1965 are as follows (i a bil. $) All ind ustries, <50.92;
and p(srsonal t ransfer p ayments to forei; piers,
manufacturing, total, 21.88; durable goods industries, 10.96 nondur able goo ds Indus tries,
§Per sonal sa\ring is ex cess of di sposable income o ver perse nal outlatys.
10.92; mining, 1.31; railroads, 1.62; transportation, 2.79; publi? utilities , 6.69; commercia and
d"M ore com plete de tails are given in the qu£irterly r<wiews iii the M ar., June, Sept.,
other (incl. communications) , 16.63. 3 Includes communies toons.
and Dec. issues3 of the S URVEY.
JRe^rised dat a for 196()-61 appe ar on p. 10 of the June 1964 SURVE ST.
SURVEY OF CURRENT BUSINESS
November 1 6
95
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
Monthly
average
S-3
1965
1964
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.*
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf
1464.8
1 495.0
501.7
502.8
506.6
512.0
*613.4
515.8
515.7
518.4
520.7
525.3
528.8
530.5
532.0
sr 635.1
r
545. 7
540.2
do...
311.2
333.5
338.7
339.4
342.6
346.2
347.2
349.8
352.2
352.7
355.2
356.9
359.2
360.7
'363.3
366.5
Commodity-producing industries, total-do —
Manufacturing
...
do
Distributive industries
do
125. 7
100.6
76.0
133.9
107.2
81.1
136.2
109.6
81.9
135.2
107.9
82 6
137.4
110.1
83.3
139.8
111.9
83 8
140.3
112.6
84 0
141.4
113.6
84.9
142. 6
114. 6
85 8
142.3
114.4
85.8
143.3
115.0
86.5
144.2
115.7
86.7
145. 1
116.7
87.2
145.8
117. 3
87.5
146.0
117.6
'87.8
147.2
118.7
88 2
49.9
59.6
14.8
54.1
64.3
16.5
55.1
65.6
16.8
55 6
66.1
17.0
55 8
66 1
17.1
56 2
66.4
17.1
56 4
66 6
17.2
56 7
66.8
17.3
56 9
67 0
17.4
57.2
67.4
17.4
57.7
67.7
17.5
57.9
68.0
17.6
58.5
68.3
17.7
58. 8
68.7
17.7
'59 2
'70 2
17.7
59 7
71 3
17 8
37.8
13.0
39.1
12.0
39.4
12.1
39.4
12.0
39 6
12.2
39 9
12 A
39 8
12.4
39.9
12.0
40 1
11.7
40.0
12.9
40.1
14.7
40.1
15.9
40.3
14.6
40.4
14.0
40.5
14.0
40 6
14.4
17 6
15.8
31.1
35.2
18 2
17.2
34.3
36 6
18 4
17.4
35.0
36 4
18 4
17.5
35.1
36 6
18 5
17.7
35.2
36 5
18 5
18 1
35.5
37 0
18 5
17 8
35.7
2
40 1
18 5
17.8
36.0
37 4
18 5
17 8
36.2
37 6
18 6
18.0
36.5
37 8
18 6
18.1
36.7
37.4
18 6
18.6
37.0
37.2
18 6
18.5
37.2
37 6
18 6
18.6
37.5
37 7
18 6
18.8
'37.7
348 4
18 7
18 9
37 9
39 0
Seasonally adjusted, at annual rates:f
Wage and salary disbursements, total
Service industries
--
do
Proprietors' income:
Farm
-
-•—
do-
Rental income of persons
Dividends
-—
Personal interest income
- do..
do...
do —
Less personal contributions for social insurance
bil. $_
Total nonasricultural income
- ...do..
13.0
13.0
13.1
13.1
13.1
13.2
13.3
13.4
13.5
499 1
499 5
502 7
503 4
506 1
508 5
511 4
513 6 3 r 527 5
521 5
3 529
3 284
2 429
2 702
2,549
2,574
2,922
3 152
3 864
4 521
3,479
1 859
1 620
'428
888
282
3,198
1 578
1 620
'430
2, 292
1 470
905
251
399
809
227
2,452
743
1 709
443
971
260
2,466
804
1 662
438
916
267
2,546
823
1,723
454
972
261
2,896
1 106
1 790
438
1 050
278
3,046
1 297
1 749
413
1 029
291
3,224
1 336
1 888
405
1 146
318
3,903
1 883
2 020
397
1 275
'332
11.8
12.4
12.6
12.6
12.7
12.8
447 4
478 7
485 5
486 5
490 4
495 3
3,245
3, 256
4,084
5 134
4 168
3,104
1 444
1,660
3, 075
1,428
1,647
4,725
2 760
1 965
418
1 205
326
4,063
2 315
1 748
407
1 025
305
2
13.4
FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Government
payments (48 States), total}
mil. $_.
Farm marketings and CCC loans, total
Livestock and products, total?
Dairy products
do
404
953
276
417
924
278
3,644
1 871
1 773
397
1 052
308
116
126
108
114
124
107
136
163
115
176
241
128
151
202
113
129
162
105
119
138
105
85
72
95
91
65
111
92
70
108
95
72
112
108
96
116
113
113
114
120
116
123
145
164
131
116
119
114
118
119
117
139
161
123
180
234
140
157
199
126
135
161
116
124
140
113
84
63
101
88
48
118
86
48
114
87
51
114
105
91
115
114
117
111
118
116
119
140
160
126
124.3
132.3
136.8
135.3
136.2
141. 6
142.6
145.2
r 139. 3
' 143. 2
' 145. 3
148.3
133 1
133 5
132 6
111 3
151.3
137 6
136 9
138 5
113 6
1 qfl q
too a
1 37 7
135.5
•jqo *
141.7
124 9
124 5
125 3
107 9
140.0
•Mq A
144. fi
r 143 R
r 143 1
r 14fi R
1 3Q n
136 0
113 4
14O 3
144 Q
141 0
114 5
m
147 2
151 7
141 5
115 9
T 1 34 fi
144 8
150 4
152 8
147 3
118 7
~ do-.
do
do.~.
do
do— .
124 9
125 2
134.4
122 3
124.2
131 8
131 7
142.8
128 1
132.0
136 6
iqe i
•iqe e
iqc -i
do
do-...
do
123 7
121.2
126 3
132 8
131.2
134 3
do.
124.3
do
124 9
do
..do
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:}
All commodities
1957-59=100..
Livestock and products..
do____
Indexes of volume of farm marketings, unadjusted:}
All commodities
1957-59=100—
Livestock and products
-
.-...do...
822
INDUSTRIAL PRODUCTIONS
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities) d1.. 1957-59=100..
By industry groupings:
Manufacturing, total
do
Durable manufactures _ _
_ do
Nondurable manufactures _.
. do
Mining
do
Utilities
.......do....
By market groupings:
Final products, total
Consumer goods
Automotive and home goods
Apparel and staples..
Equipment, including defense
Materials
Durable goods materials
Nondurable materials
___
Seas, adj., total index (incl. utilities)^
By industry groupings:
Manufacturing total
Durable manufactures 9
do
Primary metals
do—Iron and steel .
do
Nonferrous metals and products
do
Fabricated metal products....
.do
Structural metal parts
do
m
136.7
139.1
140 7
7
m7
140
14O 5
•Mq c
131 1
112 1
iqq Q
o
136 8
111 1
147 1
1 3Q 0
111 1
147 5
138 2
113 0
149 0
139 0
114 4
m7
•jqo q
14O Q
•jqo c
130 Q
7
144.6
135 5
134. 1
136.5
136 4
132.4
153.1
129 8
135.7
156.7
125 8
139.1
156.8
129 4
138.3
161.5
130 1
139.8
167.8
131 8
141.6
162.6
128 7
142.0
163.6
129 6
144.2
e
165.8
133 9
146.8
r ll§ 4
r H5 0
r 141 9
r 144 Q
r 140 7
' 147. 0 ' 129. 7 '147.3
131 4
142 0
145.9 ' 149. 4
144.9
149 9
14R fi
172
r
152.8
147 9
136. 3
137 6
131.8
-iqn q
iq7 Q
135.8
135.2
iqc a
132.3
134.0
131.6
135.4
138.1
133 1
•to A O
124.5
113.3
109 6
126.7
123.4
120. 2
133.5
129.1
126 5
138.3
132.7
130.3
135.3
132.9
129 1
139.0
134.3
131. 7
•«q7 o
138.7
142.9
144.4
140 Q
144 3
143 1
144 f\
138.6
139.2
140.7
140.9
141.6
142.7
135.7
140.2
142.3
146.9
149.5
129. 9
133.6
137.0
136.1
140.9
138.6
142. 0
139.6
142.7
136. 9
144.8
140.4
145.5
141.4
133.9
130.7
128.6
140.6
136.9
135.8
150.9
139.7
137.2
148.0
140.6
137.0
149.0
145.0
140.9
151 0
145.2
144.1
' 144. 1 ' 146. 1
r 14f\ 8
r 14^ 9
146
149
144.2
r 144. 4
' 143. 0
143.6
148.1
143.0
r
' 150. 3 ' 147. 8
' 145. 0 ' 129. 9
146. 0 ' 144. 6
153.6
147.4
144.3
146.4
140.2
139. 7
153 4
146.0
142.7
146 1
146.4
144.3
150.0
148.7
152. 1
r
138 4
' 148. 0
145.5
160. 6
r
161. 7 * 162. 4 ' 161. 8
161.6
' 159. 2 '160.1
129 2
126.9
132.3
141 4
142.1
140.6
145.0
143.7
145.4
144.9
148. 1
147.2
150. 7
149.2
151.3
150.0
152.7
152.3
153.8
154.1
155.2
155.8
156.9
157.0
156.8
159.0
159.4
158.4
Transportation equipment
Motor vehicles and parts
Aircraft and other equipment
do
do
do—
127.0
146.1
109.5
130. 7
150.1
112.4
131.3
151.0
112.7
105. 3
96.2
110.8
129.2
143.9
114.5
140.3
167.4
115.0
141.4
169.1
115.5
139.7
167.7
114.1
144.4
176.4
115.3
144.6
173.2
118.6
147.3
175.5
121.7
149.5
178.0
123.3
Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture and
fixtures
Miscellaneous manufactures...
do
do
do
do
do
130.2
117.5
108.9
133.1
125.0
136.4
126.0
112.6
143.4
133.4
138.6
127. 0
109.7
144.1
132.6
137.6
126.9
110 8
147.4
135.9
140.2
127.7
109 2
149.3
137. 4
142.0
130.2
105 5
151.5
139.1
142.7
132.4
111 9
150.6
139.6
145.3
131.8
115 6
154.3
140.8
146.9
129.2
120 5
154.3
142.4
145.5
129.9
114 2
155.6
143.2
147.0
130.3
117 1
156. 5
143.6
do
do
do
do
do
125.3
116.9
125.6
99.8
125.1
132.6
122.9
134.1
102. 6
133.4
134.2
125.5
135.8
102.7
133.5
134.6
127.8
137.2
104.8
137.0
135.6
128.7
139.1
105. 4
133.8
137.6
130 3
140 6
105 6
140.2
137.9
131 7
142 2
108 7
139.1
138.4
132 0
143 7
106 6
137. &
139.1
131 5
144 0
106 1
139.' 0
138.5
132 2
144 3
105 0
140.0
138.8
131 6
145 3
HO 9
144 4
' Revised'. » Preliminary. 1 The total and components are annual totals. 2 Italicized
t xcl e? ste
^
^
PPed-uP rate of NSLI dividend payments to veterans; total disbursements
of $200 million put on annual rate basis amounted to $2.4 billion. Figures for transfer r>avments and total nonagricultural income reflecting similar exclusions are as follows (bil $) •
37.7 and 496.7. 3 italicized total excludes and other footnoted figures include retroactive
lump-sum payment of social security benefits; disbursements of $885 million put on annual
rate basis amounted to $10.6 billion. fSee corresponding note on p. S-l. {Revised series.
Dollar figures and indexes of cash receipts revised beginning 1949 (indexes shifted to 1957-59
142.9
' 145. 7
143. 1
do
do
do
H2 3
•JO7 A
Machinery
.
Nonelectrical machinery.
Electrical machinery
Nondurable manufactures.......
Textile mill products.
_
Apparel products
Leather and products
Paper and products....
147 9
145 4
iqo q
r
143 2
m
r
r
140 Q
148.4
122
r
142 2
148.0
' 147. 6 146.4
' 145. 0 ' 144. 7
149
149
164
164
' 151. 5 r 149. 4
' 177. 5 175.1
127.3 ' 125. 6
151
175
130
149.8
131.6
112 8
156.8
143.6
152.1 ' 152. 6 ' 155. 7
133.8
132.6 ' 133. 5
115 9
115 4 r H7 2
155. 8 ' 156. 3 ' 156. 8
' 143. 5 ' 146. 6 147.1
157
132
139.0
132 2
145 4
105 1
130*4
r 140. 4
149.8
177.4
124.1
133 8
r 143 g
107 7
r 142. 1
' 140. 5 '140.6
' 134 1 134.6
143 0
107 0
' 141. 2 142.5
159
150
140.7
base). Physical volume indexes revised to reflect change to the 1957-59 reference base and
incorporation of latest Census revisions. Data prior to May 1964 appear in the Dept. of
Agriculture publication, Farm Income Situation, July 1965. 9 Includes data for items not
shown separately, cflndustrial production indexes revised beginning Jan. 1961; seasonally
adjusted data for 1961-63 for selected groups appear on pp. 31-32 of the June 1965 SURVEY.
Revisions (unadj. and seas, adj.) for Jan.-June 1964 will be shown later. Unadjusted data
prior to July 1963, as well as seas. adj. data for groups not shown in the tables, will be published later.
SURVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics ihn>ugli 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1965
1964
1963 | 1964
Monthly
average
November 1965
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct. »
GENERAL BUSINESS INDICATORS— Continued
INDUSTRIAL PRODUCTION-Contfnned
Federal Reserve Index of Quantity Output— Con.
Seasonally adjusted indexese— Continued
By industry groupings—Continued
Nondurable manufactures— Continued
Printing and publishing
1957-59=100..
Newspapers
do
Chemicals and products _
do
Industrial chemicals
.do _
Petroleum products....
__do._ _
116. 4
108. 0
148. 6
1(52. 7
117. 1
123.3
117.0
159.6
178.4
121.0
123.0
115.9
165.1
185.2
120.2
123.0
114.3
163.0
181.0
122.7
124.2
117.0
163. 2
182.9
121.7
126.2
122.6
166.4
187.9
120.9
126.8
121.4
166.7
186.0
119.0
127.7
120.9
167.8
188.2
121.5
128.5
121. 0
169.5
190.8
122.2
128.3
120.7
169.2
191.6
121.5
129.3
121.5
169.3
191.7
122.9
130.0
124.7
169.9
192.9
121.8
do
do____
do
do
do _
140. 0
116. 9
116. 8
117. 8
115.2
156.3
120.8
120.1
124.4
120.8
163.0
120.4
119.1
127.6
120.6
163.2
120.3
120.2
120.6
123.3
163.7
123.5
122.6
128.5
121.0
165.7
123.8
122.9
128.6
125.4
164.7
124.3
123. 0
131.4
122.2
171.1
123. 4
122.6
127.4
123.5
172.6
123.4
122.4
128.6
127.2
167.7
122.5
122.6
121.8
120.9
168. 2
121.9
120. 6
129.0
116.5
169.1 '170.2
170. 3
122.3
123.1 ' 122. 5
121.2
122.6 ' 121. 9
128. 5
125.9
125.9
121.8
119.9
120.7
122. 5
121.9
do
do
do
do
do do_.
107. 9
102.5
107.9
108.1
112.3
112. 1
111.3
107.1
110. 4
109.9
117.4
118. 7
112.2
107.0
112. 3
111.1
111.1
119. 6
112.0
108.9
111.1
110.8
115.4
119.7
112.8
109.6
110.4
110.2
126.6
123.9
112.5
110.1
110.4
110.9
121.8
123.4
111.8
107.7
109.8
109.8
126.7
120.8
111.8
103.2
110.6
108.6
123.4
122.9
112.5
103.1
111.4
110.5
124.6
124.1
113. 0
107. 9
112.0
111.4
125.8
118.2
114.0
113.0
111.9
111.3
121.6
123.9
115.3 ' 116. 0 '117.2
117.1
115.2
117.1
112.5 ' 113. 0
114.5
112. 2
112.1 ' 113. 4
123.7
126.4 ' 130. 1
125.8
127.3 ' 129. 1
'113.4
' 106. 7
'111.7
' 110. 5
123.4
127.4
116.0
117
113
113
do
do
do
140.0
142. 6
131. 9
151.3
153.9
143.4
155.0
157. 5
147.1
154.9
157.0
148.4
155.4
157. 4
149.0
157.1 ' 154. 9 ' 156. 1 ' 158. 5 r 159. 9
164.0
162.4
159.6
159.4
158.5
149.6 ' 143. 6 ' 145. 4 ' 146. 0 r 147. 2
' 163. 0
164.0
do
do
do._
124. 9
125. 2
134.4
131.8
131. 7
142.8
132.8
132. 5
142.3
130.5
129. 5
128. 3
135.2
134.5
145. 7
138.1
138.0
156.9
138.4
138.4
157.4
138.5
138.0
157.3
140.1
140.0
161.9
139.4
138.5
158.2
140.2
138.6
158.5
140.7
138.7
158.2
142.3
142.6
141.7
139.7
' 139. 3 ' 139. 7
r
158. 1 '158.2 ' 157. 6
144.1
140.3
159
Automotive products
do
Autos
- - - do
Auto parts and allied products.. .do
141.2
149. 5
130. 2
145.1
150.6
138.0
144.7
146.0
143.0
105.9
83.0
136.1
143.0
145.1
140.2
166.2
183.0
144.0
165.7
182.8
143.1
163.8
178.9
143.9
173.1
194.2
145.2
166.9
183.5
145.1
168. 1
184.9
146.0
168.1
187.1
143.0
167.8 ' 169. 8 '166.2
178.1
184.3
184.6
150.6
145.8 ' 150. 7
Home goods 9-. .
.
Appliances, TV, and radios
Furniture and rugs. _ „ „ _ _ ...
129.6
125. 1
131.3
141.1
137.1
142.4
140.6
138.9
141.0
144.0
143.1
145.5
147.7
145.6
148.3
150.5
149.4
149.7
151.7
147.2
150.6
152.7
148.7
152.6
154.0
150. 8
152. 7
152.1
149.0
152. 0
151.8
147.6
154.4
151.3 '151.2 ' 150. 0
148.8 r 146. 5 ' 145. 2
153.5 ' 154. 0 ' 152. 3
Apparel and staples
do
Apparel, incl. knit goods and shoes_do____
Consumer staples
_
do
Processed foods
_____
do
122,, 3
117. 6
123.7
116.6
128.1
124.2
129. 3
119.9
129.4
125.8
130.4
118.7
129.9
127.1
130.7
120.0
131.0
128.0
131.8
122.0
132.0
129.4
132.7
122.5
132.4
131. 6
132.6
122.3
131.9
131.8
131.9
121.3
133.0
132. 5
133.2
122. 1
132.3
131.8
132.4
122.1
132.2
132.5
132.2
121. 1
132.8
133.2
132.7
120. 7
' 133. 7
133.8
'132.2
132.6
134.1 ' 134. 1 ' 134. 4
122.4 ' 121. 6 121.6
Beverages and tobacco.
.. do
Drugs, soap, and toiletries _ _ d o
Newspapers, magazines, books do
Consumer fuel and lighting
do
116.9
140.1
117.8
133.5
123.2
146.9
123.7
142.3
125.2
152.6
121.3
145.8
121.5
151.9
121.8
147.2
126.0
149.7
122.8
147.0
127.5
151.8
124.3
146.9
128.3
154. 2
125.8
143. 9
126.1
152.8
125.3
145. 4
128.1
154.2
128.6
146.5
121.5
152.6
126.9
148.8
124.8
151. 9
126.6
148.2
126.2
152.9
125.6
150.6
123. 9
157.0
128.0
'151.2
124.2
128.3
123. 0
142.4
132. 2
121. 6
132.0
139.1
137.0
145.3
141.0
133. 1
133.5
141.4
140.4
147.6
139.0
134.1
132.5
140.6
140.4
149.3
128.6
142.2
136.7
146.1
144.5
151.0
149.1
135.1
138.4
148.5
145. 9
152.4
155.2
142.1
138.2
147.7
144.8
152.5
154.0
142.5
139.4
149.2
147.1
156. 2
150.7
141.3
140.4
150.1
148.3
159.1
148. 2
140. 4
141.2
150.9
148.4
161.3.
150.8
138.3
143.7
153.5
150.6
162.3
157.1
141.7
144.9
154.6
151.9
164.1
157.8
143. 7
147.0
156.4
155.1
165.2
155.0
145.3
' 148. 0 '148.9
' 157. 3 158.7
155.3
'153.8
166.4
'165.2
164.2
' 163. 6
147.3
152.2
161
123.7
121. 2
137. 2
125. 4
116. 3
132.8
131.2
145.8
134.4
124.5
135.6
135.3
153.1
137. 1
125. 8
132.6
128.6
112.8
137.7
124. 1
135.9
134.9
147.4
139.2
126.8
138.0
136.8
156.1
141.5
127.5
138.8
138.0
159.6
142.6
128.3
139.7
139.0
164.9
143.8
130.8
141.7
142.6
166.3
146.9
133. 5
142.6
142.9
163.4
147.5
130.5
142.6
143. 4
162. 3
148. 7
131.4
144.5 ' 146. 4
146.1
148.4
169.9
171.8
150.0
153.3
131.3
132.7
145.9 ' 143. 0
142.3
'147.0
164.1
' 167. 9
154.3
' 154. 7
134.2
' 134. 6
143.2
142
126. 3
120.3
120. 2
120. 4
134.3
127.4
127.9
127.1
135.8
126. 4
125.4
126.9
136.7
129.3
131.8
128.0
137.0
129.0
132.3
127.3
139.2
132.7
135. 3
131.4
139.5
133.2
136.3
131.6
140.5
135.6
138.0
134.4
140.6
134.2
129.7
136.5
142.4
135.1
137.3
134.0
141.8
134.1
132.0
135.2
143.4
134.8
132.0
136.2
145.0
137.6
136.1
138. 3
' 144. 8 ' 143. 6
134.4
' 135. 6
'132.1 133. 5
' 137. 3 134.8
145
Business fuel and power 9 „
do
117. 2
Mineral fuels
_ _
do
109. 3
Nonresidential utilities
do___. 138. 7
BUSINESS SALES AND INVENTORIES §
Mfg. and trade sales (seas, adj.), totalj f
mil. $_. 168,002
122.6
112.2
149.6
124.3
113. 4
152.1
124.0
113.3
151.0
124.0
113.0
151.2
125.1
113.3
154.6
124.1
112.1
153.8
123.9
111.1
155.6
125.7
112.3
158.5
127. 2
114.3
159.6
127.9
115.1
160.1
129.9
116.9
162,4
128.9 ' 129. 3 ' 126. 7 129
117
117.0 ' 117. 4 ' 113. 2
160.1
158.8
Rubber and plastics products
Foods and beverages.,
Food manufactures.
Beverages
Tobacco products _ _ _ _ _ _ Mlnin01
Coal
_
Crude oil and natural gas.
Crude oil
Metal mining
_
Stone and earth minerals...
Utilities
Electric
Gas
-
._
,_
---
-
By market groupings: ©
Final products, total
_Consumer goods
Automotive and home goods.
do
-do
do
Equipment, Including defense 9
do
Business equipment
.
_do____
Industrial equipment.
_
do
Commercial equipment.
-__do___
Freight and passen ger equipment. _do___.
Farm equipment. __
_
.do
Materials
...
do
Durable goods materials 9 ------do
Consumer durable
_____do
Equipment .
.
do
Construction
do
Nondurable materials 9
Business supplies
Containers
_ _
General business supplies
._..__do
..do
do
do
Manufacturing, totalf
___„_
Durable goods industries..
Nondurable goods industries...... __
do
34, 774
do
18,071
do____ 16, 704
Retail trade, total*
_
do
20, 536
Durable goods stores
_
do
6,675
Nondurable goods stores.
do
13, 861
Merchant wholesalers, totalf cf._
do
12, 692
Durable goods establishments
do
5, 244
Nondurable goods establishments^1. _ _ _ _ . do
7, 448
131.3 ' 133. 0 ' 129. 3
126.2
129.7
120.1
172.8 '173.8
175.3
194. 9
194.8
' 124. 5 ' 125. 8 125.0
' 160. 4 ' 162. 5 ' 161. 6 '161.9
167. 1
164.3
165.8
166.2
147.9
147.8
124.1
' 160. 1
' 128. 0
150.6
128
168
181
151.5
147.1
152.0
135
161.3
126.1
72, 647
73,358
72, 131
73, 371
76, 277
75, 913
75, 956
77, 815
77, 529
77, 884
78,010
80, 023 '78,891
37, 129
19, 231
17,898
37, 312
19, 284
18, 028
36, 811
18, 633
18, 178
37, 514
19, 291
18, 223
39, 318
20, 559
18, 759
38, 885 38, 693
20, 415 20, 374
18, 470 18, 319
40, 285
21, 284
19, 001
40, 044
20, 915
19, 129
39, 814
20, 513
19, 301
39, 943
20, 652
19, 291
41,452 '40,518 40, 115
21,820 '21, 191 20, 889
19,632 '19,327 19,226
21, 802
7,093
14, 709
13, 715
5,749
7,967
22, 254
7, 541
14, 713
13, 792
5,776
8,016
21, 383
6,496
14, 887
13, 937
5,801
8,136
21, 661
6,695
14,966
14,196
5,977
8,219
22, 781
7,645
15, 136
14, 178
5,982
8,197
22, 900
7,855
15, 045
14, 128
6,069
8,060
22, 805
7,669
15,136
14, 725
6,240
8,485
22, 865
7,550
15,315
14, 620
6,213
8,407
23, 352
7,703
15, 649
14, 718
6,352
8,366
23, 331
7,760
15, 571
14, 736
6,243
8,493
23,743 '23, 544.
7,922 '7,837
15,821 '15,707
14,828 '14,829
6,415
6,369
8,458 '8,414
23, 317
7,966
15, 351
13, 946
6,098
7,848
78, 753
23, 774
7,789
15, 985
14, 864
6,345
8,519
Mfg. and trade inventories, book value/end of year
or month (seas, adj.), total t
.. __mil. $_. 105, 127 110,535 108, 504 108, 539 109,320 110, 535 111, 465 111,884 113,032 113, 761 114, 542 115,049 116,012 '116, 683 116,739
Manufacturing, totalf—
do. _ 60, 147 62, 944 61, 019 61, 777 62, 377 62,944 63, 213 63, 382 63, 708 63, 999 64, 269 64, 625 65,394 '65,788 66,235
Durable goods industries
""do
36,028 38, 412 37, 037 37,517 38,040 38, 412 38, 495 38, 692 38, 972 39,233 39, 475 39, 951 40,600 '40,814 41, 296
Nondurable goods industries
IlldoIII. 24, 119 24, 532 23, 982 24, 260 24, 337 24, 532 24, 718 24, 690 24, 736 24, 766 24,794 24, 674 24,794 '24,974 24,939
Retail trade, totalf
do
29,383 31, 130 31, 263 30, 486 30, 559 31, 130 31, 478 31, 635 32, 260 32,546 32,823 33, OH 33, 088 _qo £Aft 33,045
Durable goods stores. __
do
12, 509 13, 282 13, 738 12, 894 12, 874 13, 282 13, 635 13, 799 14, 220 14, 440 14, 707 14,692 14, 744 14,965 14, 761
Nondurable goods stores. ....
do
16, 874 17, 848 17, 525 17, 592 17, 685 17, 848 17, 843 17, 836 18, 040 18, 106 18, 116 18, 322 18, 344 '18,395 18,284
Merchant wholesalers, totalfcf. ...
"""do"""" 15, 597 16, 461 16, 222 16, 276 16, 384 16, 461 16, 774 16. 867 17, 064 17, 216 17, 450 17, 410 17,530 '17, 535 17. 459
Durable goods establishments
"do
8,447
9,077
9,275
9, 749
8,949
9, 002
8,871
9,077
9,323 9,428 9,454
9,589 9 592 9,779 '9,820
Nondurable goods establishments^1-.
do "" 7,150 7.384
7 81Q
7. 352
7. 328
7. 381
7. 384
7.499
7. 544
7. 635
7 7fi3
7 SRI
7 751 r7 715
7.710
'» Preliminary.
1 Total and components are 1
on unadjusted data.
pp. 16-19 of the Dec. 1963 SURVEY; see p. 28 of the Sept. 1964 SURVEY and p. 3 of the Aug. 1965
... marked "cf" on p. S-3.
SURVEY for current revisions (Jan. 1963-May 1964) affecting the retail inventory and total
9 Includes data for items not shown separately
manufacturing and trade inventory series.
cf Total manufacturing and trade sales and
5 T h A or
* ™ "business" here includes only manufacturing and trade. Business inveninventories and merchant wholesalers sales and inventories have been expanded to cover all
1
"" - S-l cover data for all types of producers, both farm and nonfarm.
merchant wholesalers, including wholesalers of farm product raw materials; also, seasonally
adjusted data beginning Jan. 1960 for merchant wholesalers' sales and inventories revised
For a
to reflect new seasonal and trading day factors. Revisions for earlier periods appear on p. 24
of the May 1964 SURVEY.
.-
X.-
,.._
. .
,
. . .
-
g_^
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-5
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:
Manufacturing and trade, totaltl
ratio
IVlanufacturing total §
Durable goods industries
Purchased materials
Goods in process
Finished goods
Nondurable goods industries
Purchased materials
Goods in process
Finished goods
1.48
1.48
1.50
1.49
1.45
1.47
1.47
1.45
1.47
1.47
1.47
1.45
1.48
1.48
1 69
1 94
.59
80
.55
1 64
1 91
.57
79
54
1.64
1 92
.57
.80
.54
1 68
2 01
.61
84
57
1 66
1 97
60
.82
56
1 60
1 87
'.57
77
.52
1 63
1 89
.57
.77
.52
1.64
1 90
.58
.79
.53
1.58
1.83
.57
.75
.51
1.60
1.88
.59
.77
.51
1.61
1.92
.61
.79
.52
1.62
1.93
.61
.80
.53
1.58
1.86
.58
.78
.50
1.62
1.93
.60
.82
.51
1.65
1.98
.61
.83
.53
do
do
do
do
-
1.50
do
do
do
do
do
1 41
59
20
63
1 35
53
19
'62
1.33
52
.19
.62
1 33
53
19
62
1 34
53
19
61
1 31
51
19
.61
1 34
52
19
.63
1.35
52
19
63
1.30
50
.19
.61
1.29
.50
.18
.60
1.28
.50
.18
.60
1.28
.50
.19
.59
1.26
.49
.18
.59
1.29
.50
.19
.60
1.30
.51
.19
.60
1 39
1 79
1.20
1 18
1 58
90
1.40
1 86
1.18
1 17
1 51
92
1.40
1.82
1.19
1.18
1 54
.92
1.43
1 98
1.18
1.17
1 54
90
1 41
1 92
1.18
1 15
1 51
90
1 37
1 74
1.18
1 16
1 52
90
1.37
1 74
1.19
1 19
1 53
93
1 36
1 73
1. 16
1 21
1 53
96
1.41
1.85
1.19
1.16
1.51
.90
1.42
1.91
1.18
1.18
1.52
.92
1. 41
1.91
1.16
1.19
1.51
.94
1.42
1.89
1.18
1.18
1.54
.92
1.39
1.86
1.16
1.18
1. 54
.92
1.42
1.91
1.17
1.18
1.53
'.92
1.39
1.90
1.14
1.17
1.54
.91
747
Retail trade total |§
do
Durable goods stores
do
Nondurable goods stores
do
IVlerchant wholesalers total§cf
do
Durable goods establishments
do
Nondurable goods establishments cf
do
MANUFACTURERS* SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:*
Durable goods industries (unadj ) total mil $
Durable goods industries, total?
Stone clay and glass products
Primary metals
- - Blast furnaces steel mills
Fabricated metal products
-
678
750
760
762
782
839
615
733
941
853
800
831
805
858
do
Shipments (not seas. adj.)» totalf
34 774
37,129
38, 874
38, 397
37 700
37 631
36, 384
39 380
41,231
41, 282
40, 074
41,914
37, 844 '39,443
41, 117
do
do
do
do
do
18 071 19,231
960
947
3,236
2,944
I 586 1 770
1 962
1, 877
19, 759
1, 057
3,331
1,812
2,094
19 243
1,066
3,337
1 828
2,047
19363 19 969
837
964
3 354
3 347
1 853 1 854
1 904 1 931
18 924
806
3,345
1 945
1 757
20 685
860
3 582
2 060
1 947
21,928
924
3,859
2,245
2, 012
21, 968
967
4,074
2,438
2,085
21, 157
1,010
3,613
1, 923
2,025
22, 280
1, 095
3,639
1,954
2,147
19, 564 '19,813
1,022 ' 1, 046
3,273 ^3,590
2,076
1,847
1,905 ' 2, 089
20, 723
1,052
3,247
1,665
2,122
2 883
2 635
5 646
3 744
'691
17 662
6 346
419
1 494
1 433
2 606
1 560
862
39,318
3 021
695
407
2 676
300
5 755
3 832
654
589
650
17 460 18 695
6 184 6 378
369
399
1 444- 1 601
1 441 1 559
2 723
2 919
1 542 1 545
871
940
38, 885 38 693
3,207
2,748
6,176
4, 223
704
19,303
6 578
394
1,636
1,640
3,073
1, 530
983
40,285
3,228
2,718
5,866
3,970
696
19, 314
6,594
427
1, 574
1,617
3,221
1,553
1, 007
40, 044
3,164
3,299
2,844
2,646
6,106
5, 755
4, 144
3,898
732
679
18, 917 19, 634
6,575
6,825
374
439
1,679
1,553
1 566 1,653
3,189
3,180
1,647
1,584
1,028
998
39, 814 39,943
2, 857
2,539
5,069
3,366
650
18, 280
6,545
415
1,368
1,503
2,823
1,624
883
41,452
3,037
2,980
5,050
3,092
743
20, 394
7,214
425
1,744
1,706
3,125
1,627
978
40, 115
20 559
1 092
3 656
2 074
2 077
2 977
2 597
5 341
3 502
641
18 759
6 629
429
1 614
1 532
2 917
1 525
922
20 415
1 030
3 455
1 976
1 959
2 969
2 657
5 361
3 550
661
18 470
6*446
407
1 606
1*516
2*854
1 519
*931
20 374
1 013
3 456
1 979
2 033
2 898
2 616
5*444
3 628
*647
18 9
319
6 67
*422
1 560
1 530
2 902
1*519
930
21,284
1 019
3 629
2,086
'2 087
2 996
2,690
5 859
3 974
699
19 001
6 566
413
1 618
1 598
3 006
1 571
954
20, 915 20, 513 20, 652 21,820 '21, 191
'926
962
969
923
935
3,389 3,782 ' 3, 708
3,435
3 796
2,105
2,170
1,820
2, 245
1,835
1,974
2,036 ' 1, 968
1 955
2 048
3,009
3,119 ' 2, 990
2 993
2 984
2,894 ' 2, 800
2,701
2,748
2 757
5,668
5 870 ' 5, 803
5 519
5 408
3,814
4,004 ' 3, 932
3 680
3 620
'703
691
728
688
701
19 129 19 301 19 291 19 632 '19,327
6,671
6,777 ' 6, 843
6 667
6 661
'387
411
400
440
364
1, 603 ' 1, 619
1 564
1 610 1,600
r
1, 616
1 591 1 572 1 575 1 656
3 057
3 063 ' 2, 957
3 030
3 009
' 1, 615
1,648
1 631 1,637
1 583
r
968
980
958
988
967
3 713
8 298
4 791
3 936
3 154
15, 426
3 653
g' 077
4*846
3 973
3 183
15,' 153
3 612
7 925
4*806
4 030
3* 117
15, 203
3 730
8 213
4 945
4 392
3' 183
15,822
3 681
8 395
4 907
4 020
3 063
15, 978
1 6^1
2 185
3 732
1 574
9 197
3 755
1 567
2 "2
3 709
1 625
2 281
3 872
1 594
2 259
3 871
62, 642
38, 001
24. 641
62, 944
63, 299
38 403
24, 896
63, 213
63,761
38, 875
24, 886
63, 382
2,834 2,781 2 726
2 517
Machinery except electrical
do
2 808
2,660
Electrical machinery
___ _
do
2,517
2,670
2,398
2 610
4, 801 4 331 5 006
4 969
Transportation equipment
do
4 848
3,040 2,618 3 266
3 154
Motor vehicles and parts
do
3 204
656
627
680
Instruments and related products
do
583
654
Nondurable goods industries, total 9 __ do
16, 704 17,898 19, 115 19, 154 18337
6,769
5 832
6 795 6 433
Food and kindred products
do
6 324
413
392
Tobacco products
k^do
383
391
407
1,611
Textile mill products
_ do
1, 640
1,378
1 484
1 596
1,518
1 355 1 426
1 517 1 470
Paper and allied products
do
2 798
2,987 2 931 2 761
Chemicals and allied products
- d o
2 568
1,551
1,542
Petroleum and coal products
do_ __ 1,451
1 516
1 547
895
772
898
Rubber and plastics products
do
852
851
37, 312 36, 811 37,514
Shipments (seas, adj.), totalf
do
By industry group:
19, 284 18, 633 19291
Durable goods industries, total 9 ._.______do- __
962
Stone clay, and glass products
do
960
984
3,301 3 329 3 434
Primary metals
do
Blast furnaces, steel mills. do__1,786
1,843
1*933
Fabrica ted metal products - _
do
1,970
1 924
1 937
Machinery, except electrical
do_
2,848 2 851 2 878
Electrical machinery
do__ _
2, 481
2 536
2 508
Transportation equipment
do
4 968
4 212
4 747
Motor vehicles and parts .
-do
3,213
2 446
2 975
Instruments and related products
-do
613
659
638
Nondurable goods industries, total 9
do
18 028 18 178 18 223
Food and kindred productsdo
6,400
6 500
6 414
Tobacco products - do
404
392
390
Textile mill products
do
1,478
1 505 1 550
Paper and allied products
do
1 451 1 461 1 484
C hemical s and a llied prod ucts .
_ _ do
2 808
2 858
2 845
Petroleum and coal products
do
1 541 1 533 1 552
Rubber and plastics products
do
866
834
875
By market category:
2
Home goods and apparel do
3 313 2 3 479
3 457 3 472 3 521
Consumer staples
do __ 2 7, 258 2 7 866
7 971
8 067
7 972
Equipment and defense prod., excl. auto.do
2 4, 242 2 4, 599
4,613 4,634
4,657
Automotive equipment.
do_ __ 2 3, 571 2 3 612
3 629
2 837
3 387
2
Construction materials and supplies
do
2 796 2 2 990
2 979
2 992
3 017
2
Other materials and supplies
_.___do
13,594 214,583 14', 663 14, 809 14,960
Supplementary market categories:
2
Consumer durables _
_
do
1 380 2 1 492
1 466 1 477 1 497
2
Defense products ....
do
2 150
2, 096 2 2 163
2 171
2 129
Machinery and equipment
. do
2 3, 215 2 3 528
3 587 3 621 3 630
Inventories, end of year or month :f
Book value (unadjusted), total
do
359,738 362,642 60, 658 61,433 62,058
Durable goods industries, total
do
35, 565 38,001 36, 856 37, 251 37,647
Nondurable goods industries, total
do
24, 173 24, 641 23, 802 24, 182 24,411
Book value (seasonallv adjusted), total
do
360,147 362,944 61, 019 61, 777 62,377
By industry group:
Durable goods industries, total 9 .
do
36, 028 38,412 37, 037 37,517 38,040
Stone, clay, and glass products
do
1,544
1,587
1,572
1,595
1,593
Primary metals.
do
5 918
6 111 6 063 6 096
6 153
Blast furnaces, steel mills
_do
3,533
3, 707
3,688 3,714
3,776
Fabricated metal products
__do
3,999
4,251
4,062
4, 149
4, 042
Machinery, except electrical
_--do-___ 6,910
7,558 7,277
7,514
7,381
Electrical machinery.-do.__
5,055
5,221
5,388 5,147
5,307
Transportation equipment
- do
7,331
7 908
7 539
7 711 7 810
Motor vehicles and parts
do
2,610
3,013
2,782 2, 975 3,059
Instruments and related prod nets. -do
1,468
1. 619
1.556
1.572
1.584
'Revised. . 1 Advance estimate.
2 Based on data not seasonally adjusted.
3 Total
and components are end-of-year data. J Seenote marked "f " on p. S-4 of Nov. 1963 SURVEY.
§ See note marked "f" on p. S-4.
cf See corresponding note on p. S-4.
*New series. Represents estimated total value of durable goods products directly exported by durable goods manufacturers; data prior to Oct. 1962 are not available, tRevised
series. Effective with the Dec. 1963 SURVEY, data reflect the following major changes: Introduction of the Annual Survey of Manufactures as the new benchmark, revision of sample de-
2
2
5
3
64,065 64, 366
39,265 39, 633
24,800 24, 733
63,708 63, 999
3 769
8 280
4 948
4 088
3 001
15, 728
3 705
8 374
4,942
4 232
3 062
15, 628
1 567 1 553
2*298
2 281
3 838
3 849
64, 769
40, 033
24, 736
64, 269
64,979
40, 321
24, 658
64, 625
3 788
8 582
5,093
4 408
3 169
16, 412
' 2, 814
' 2, 746
' 4, 355
2,570
'675
rl9,630
' 6, 780
'407
' 1, 686
' 1, 658
' 2, 944
' 1, 637
'948
'40,518
20, 889
958
3,218
1,642
1,996
3,054
2,776
5,896
3,944
696
19 226
6,821
416
1,599
1 632
2, 935
1,613
945
r 3 700
3 722
r 8 554
8*533
' 5, 001 5*098
'4 347 4 355
r 3 058
3 080
' 15, 858 15, 327
1 563
1 644 r I 564
2*408
2 324 r 2 341
4 070 '3 878 3 943
65, 088
40, 410
24,678
65, 394
'65,481
'40,704
'24,777
'65,788
65, 837
41, 091
24, 746
66, 235
38,972 39,233 39, 475 39, 951 40, 600 '40,814 41,296
1,623
1,616
1,593
1, 620
1,600 ' 1, 618
1, 606
6 074 6 163 ' 6 142 6 218
6 071 5 900
5 996
3,531 3,597
3,618
' 3* 576 3,633
3,631
3,427
4, 420
4,544
4,565 4,611 ' 4, 685 4,767
4,517
7,668
7,763
7,878 7,988 ' 8, 142 8,308
7,726
5,574
5,726 5,810 ' 5, 873 5 915
5 662
5 628
8 267 8 653 '8 600 8 676
7 945 8 095
8 104
3,052 3, 150 3,249
3,290 3,527 ' 3, 370 3,394
1.646
1. 653
L676
1.687
1. 683 ' 1. 696
1. 719
sign, refinement of industry reporting, expansion of industry groups published, and revision of
seasonal factors. In addition, data by market groupings are presented for the first time. Data
for shipments and new orders not seasonally adjusted are adjusted for trading day variation.
Revisions back to 1947 and a detailed description of the current revision appear in the Census
Bureau publications, "Manufacturers' Shipments, Inventories, and Orders: 1947-63 Revised, Series M3-1" and "Series M3-1, Supplement 2."
9 Includes data for items not shown separately.
38, 412
1, 587
6 111
3,707
4,251
7,558
5,388
7 908
3,013
1.619
38 495
1,595
6 161
3*744
4,306
7,576
5 403
7 849
2,977
1.622
38, 692
1,595
6 153
3,717
4,325
7,638
5,473
7 869
3,016
1.635
SUEVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963 j 1964
End of
year
November 1965
1965
1964
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
12, 512
2, 317
3,502
2,362
16, 162
1,957
5,966
4,686
12, 664
2,310
3,609
2,420
17, 053
2,051
6,242
5,155
10, 883
1,802
3,947
1,078
24,794
6,073
2,281
2,952
1,900
4,203
1,746
1,244
'12,672
' 2, 316
3,702
' 2, 232
r
17, 283
' 2, 058
' 6, 351
' 5, 284
' 10, 859
' 1, 768
' 3, 962
' 1, 084
'24,974
' 6, 000
2,286
' 3, 003
1,916
' 4, 240
" 1, 727
' 1, 258
12, 820
2,299
3,758
2,321
17, 371
2,065
6,411
5,257
11, 105
1,854
4,054
1,098
24,939
5,878
2,297
3,037
1,916
4,250
1,700
1,261
Oct.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES
AND ORDERS— Continued
Inventories, end of year or monthf— Continued
Book value (seasonally adjusted)— Continued
By industry group— Continued
Durable goods industries— Continued
By stage of fabrication:
Materials and supplies 9
mil $
Primary metals
do
Machinery (elec.and nonelec.)-— do__.
Transportation equipment
do
Work in process 9
do
Primary metals
do
Machinery (elec. and nonelec.)-— do___
Transportation equipment
do
Finished goods 9
do
Primary metals..
_
do___
Machinery (elec and nonelec ) do
Transportation equipment
do
Nondurable goods industries total 9 do
Food and kindred products
do
Tobacco products
do
Textile mill products
do
Paper and allied products
do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber and plastics products
do
By stage of fabrication:
Materials and supplies
do
Work in process
do
Finished goods
do
By market category:
Home goods and apparel
do
Consumer staples
do
Equip, and defense prod., excl. auto do
Automotive equipment _ __
do
Construction materials and supplies
do
Other materials and supplies.
___do
Supplementary market categories:
Consumer durables
do
Defense products
do
Machinery and equipment
do
New orders, net (not seas, adj.), totalf
do
Durable goods industries, total
do
Nondurable goods industries, total
do
New orders, net (seas, adj.), totalf.
do
By industry group:
Durable goods industries , total 9 .
do
Primary metals
do
Blast furnaces, steel mills
do
Fabricated metal products
do
Machinery, except electrical
do
Electrical machinery _
do
Transportation equipment __
do
Aircraft and parts
do
Nondurable goods industries total
do
Industries with unfilled orders©
do
Industries without unfilled or dersf.____do
By market category:
Home goods and apparel
do
Consumer staples
do
Equip, and defense prod., excf. auto
" do""
Automotive equipment
do
Construction materials and supplies., "".do
Other materials and supplies
_do__
Supplementary market categories :
Consumer durables
do
Defense products
do
Machinery and equipment
do
Unfilled orders, end of year or month (unadjusted),
totalf
mil $
9, 769
3, 479
10, 871
11,688 11,072 11, 277 11, 500 11,688 11, 802 11, 876
2,248 2,219
2,182
2,297 2,295
2,182
2,248
3,263 3,102 3,162 3,238
3,306
3,263
3,356
2,216
2,000
2,155
2,181 2,210
2,208
2,216
15, 933 15, 497 15, 622 15, 799 15,933 15, 934 16,008
2,024
2,011
2,050
1,999
2,024
2,088
2,005
5,763
5,570
5,636
5,792
5,717
5,763
5,835
4,695
4, 623 4,602
4,673 4,661
4,623 4,695
10, 791 10, 468 10, 618 10, 741 10,791 10, 759 10, 808
1,839
1,833
1,864
1,865
1,883
1,839
1,853
3,920
3,752 3,804
3,881 3,920
3,866
3,920
997
916
954
995
979
997
998
24, 532 23, 982 24, 260 24, 337 24,532 24, 718 24, 690
6,030
5,837
5,956
6,194
6,031 6,030
6,197
2,359
2,241
2,319
2,322
2,303
2,359
2,312
2,837 2,819
2,857
2,790
2,829
2,837
2,811
1,885
1,851
1,865
1,869
1,869
1,885
1,869
4,003 3,973 3,985
4,047
4,000
4,003
4,055
1,745
1,717
1,731
1,794
1,752
1,745
1,812
1, 176
1,159
1,176
1,191 1,183
1,191 1,176
9,619
9,412
9,565
9,585
9,637
9,619
9,541
3,522
3,457
3, 508
3,532
3,522
3,497
3,531
11, 391 11,113 11, 187 11, 203 11, 391 11, 601 11, 618
6, 389
9, 525
12, 363
3,245
5,290
23, 335
6,499
9,660
13, 241
3,683
5,629
24, 232
6,316
9,339
12, 693
3,425
5,426
23, 820
6,358
9,525
12, 788
3,629
5,500
23, 977
6,405
9,590
12, 978
3,720
5,533
24, 151
6,499
9,660
13,241
3,683
5,629
24,232
6,534
9,776
13, 225
3,654
5,643
24, 381
2, 955
5, 583
8,539
35, 036
18,300
16, 736
35, 036
3,056
5,625
9,431
37,697
19, 803
17, 895
37,697
2,941
5,412
9,063
39, 361
20, 239
19, 122
38, 018
3,001
5,411
9,161
39,043
19, 863
19, 180
37, 846
3,037
5,455
9,321
37, 671
19, 277
18, 394
37, 720
3,056
5,625
9,431
37,986
20,357
17,629
39,590
18, 300 19, 803
3,442
2,959
1,942
1,592
2,018
1,886
2,574 , 2,911
2,601
2,410
5,098
4,970
1,460
.1,398
16, 736 17, 895
4,776
4,411
12, 325 13, 118
19, 907
3,847
2,296
2,045
2,923
2,581
4,760
1,148
18, 111
4,866
13, 245
19, 623
3,767
2,203
1,991
2,994
2,542
4,544
1,654
18, 223
4,894
13,329
19, 454
3,663
2,072
2,011
2,971
2,763
4,283
961
18, 266
4,960
13, 306
3,339
7,257
4, 338
3,578
2,803
13, 691
3,478
7,866
4,814
3,637
3,027
14, 876
3,490
7,967
4,478
3,678
3,052
15, 353
3,418
8,068
4,824
2,916
3,071
15, 549
1,404
2, 156
3,326
1,493
2,260
3,706
1,426
2,412
3,786
10, 879
2, 259
3, 009
1, 956
14, 857
1, 901
5,249
4,467
10, 292
1, 758
3,707
908
24, 119
6, 028
2, 314
2, 886
1, 800
3,818
1,736
1. 157
1,471
1,982
3,686
12,068 12, 406
2,292 2,332
3,456
3,399
2,280
2, 234
16, 041 16, 114
1,883
1,967
5,936
5,866
4,696 4,782
10, 863 10, 713
1,685
1,812
3,962
3,977
1,033
1,015
24, 736 24, 766
6,182
6,196
2,328 2,307
2,820 2,828
1,865
1,855
4,072 4,106
1, 792
1,800
1,222
1,213
10, 801
1,722
3,957
1,056
24, 794
6,100
2,328
2,826
1,885
4,174
1,775
1.221
12, 537
2,305
3,540
2,372
16, 533
1,985
6,122
4, 820
10, 881
1,784
3,942
1,075
24, 674
6,040
2,317
2,879
1,882
4,133
1,765
.1, 234
9,557
3,533
11, 646
9,660
3,533
11, 573
9,675
3,558
11, 561
9,608
3,611
11, 455
9,537 ' 9, 645
3, 591 r 3, 662
11,666 '11,667
9,798
3,658
11,483
6,534
9,756
13,283
3,701
5,661
24, 447
6,593
9,827
13, 338
3,751
5,734
24, 465
6,650
9,809
13, 490
3,854
5,816
24, 380
6,694
9,770
13, 419
3,941
5,835
24, 610
6,650
9,721
13, 635
3,983
5,862
24, 774
6,685
9,737
13, 858
4,215
5, 821
25, 078
' 6, 815
' 9, 675
'14,046
' 4, 068
' 5, 852
'25,332
6,871
9, 564
14, 308
4,088
5,905
25,499
3,072
5,605
9, 445
37, 785
20, 320
17, 465
39, 704
3,081
5,607
9,543
40, 641
21, 878
18, 763
39,469
3,134
5,688
9,560
41, 820
22. 507
19, 313
40, 712
3,164
5,788
9,617
41,842
22, 435
19, 407
41, 120
3,210
5,740
9,651
40, 162
21, 166
18, 996
40, 181
3,241
5,814
9,863
42,357
22, 651
19, 706
40, 689
3,249
5,968
10, 006
38, 713
20,404
18,309
41, 846
' 3, 250
' 6, 030
'10,216
'39,964
'20,348
'19,616
'40, 926
3,234
6,048
10, 449
41, 961
21, 534
20,427
41, 205
20,720
3,821
2,243
2,089
3,098
2,637
5,172
1,227
18,870
5,190
13,680
21, 271
3,739
2,232
2,068
3,092
2,891
5,546
1,465
18, 433
5,018
13, 415
21, 130
3,802
2,291
2, 110
3,050
2,597
5, 690
1,703
18, 339
5,054
13, 285
21, 714
3,593
2,018
2,065
3,100
2,711
6,301
1,757
18, 998
5,203
13, 795
22, 043
3,456
1, 876
2,098
3,107
2,929
6,453
2,248
19, 077
5,130
13, 947
20, 992
3,286
1,632
2,027
3,108
2,801
5,878
1,552
19, 189
5,157
14, 032
21,310 ' 22, 195 '21,509
3,454
3,493 '3,119
1,816
1,851 ' 1, 465
2,042
2,058 ' 1, 974
3,140 '3,318
3,189
2,874
3,099 ' 3, 000
5,870
6,363 ' 6, 141
1,684
1,646 ' 1, 956
19, 379 19, 651 '19,417
5,298
5,444 ' 5, 347
14, 081 14, 207 '14,070
21, 897
2,889
1,252
1,994
3,285
2,943
6,745
2,343
19, 308
5,263
14, 045
3,489
7,972
4,586
3,289
3,043
15, 341
3,750
8, 303
4,738
3,984
3,098
15,717
3,607
8,093
4,939
4,116
3,238
15, 711
3,569
7,927
4,981
4,083
3,155
15, 754
3, 727
8,207
4,974
4,530
3,145
16, 129
3,672
8,372
6,121
4,133
3,150
15, 672
3,689
8,277
5,323
4,208
3,105
15, 579
3,751
8,389
5, 509
4,194
3,132
15, 714
3,725
8,583
5,466
4,524
3,155
16,393
1,498
1,788
3,882
1,664
1,873
3,917
1,580
2,372
3,958
1,529
2,438
3,799
1,601
2.463
4,024
1,629
3,236
4,078
1,574
2,460
4,069
1,586
2,579
4,091
49, 149 55, 962 54,990 55, 637 55, 605
Durable goods industries, total.
do
46, 193 53, 042 52, 119 52, 742 52, 652
Nondur. goods indust. with unfilled orders©_do
2,953
2,871 2,895
2,920
2,956
Unfilled orders, end of year or month (seasonally
adjusted"), total f- _
mil $ 49, 796 )7, 044 55, 042 56, 067 56,363
By industry group:
Durable goods industries, total 9 __
do____ 46, 676 53,958 52, 135 53, 137 53, 406
Primary metals
do
6,370
6,104
5,699
3,930
6,559
Blast furnaces, steel mills
do
3,956
4,125
4,311 3,608
2,120
Fabricated metal products
do
4,762
4,565 4,663
4,062
4,811
Machinery, except electrical
IlHIIIdo
8,194
8,302 7,931 8,062
7,027
Electrical machinery
do
8,142
7,924
7,913
7,114
8,103
Transportation equipment
I""dol"~ 19, 368 21, 090 20, 977 21, 346 20, 867
Aircraft and parts
do
5,363
15, 437 15, 760
14, 446 15, 526
Nondur. goods indust. with unfilled orderse.do.
3,120
3, 086
2,930
2,957
2,907
By market category:
Home goods, apparel, consumer staples, do
1,953
2,002
1,954
1,987
1, 975
Equip, and defense prod., incl. auto
~do
26, 197 29, 223 28, 869 29, 217
8,971
Construction materials and supplies
do
4,986
5,263 5,368 5,433
5, 490
Other materials and supplies
do ~" 6,626 20, 356 8,908 19, 529
0,005
Supplementary market categories :
"~
Consumer durables. .
do
1,384
1,401
1,401
1,407
1,420
Defense products...
do
8,724 20, 058 0,080
0,387
0,058
Machinery and equipment.
___do
2,946 i 13, 175
2,812
1,186 13, 367
' Revised
i Monthly average.
* Advance e
stimate.
3 Da ta for tc tal and components (incl. market categories) are monthly average,s based c>n new or ders not seasonallyadjusted.
fSee corresponding note on p. S-5
9 f ricludes c ata for it ems not shown separately.
©Includes textile mill products, leather arid produ cts, pap€ r and al lied prod ucts,
' 3, 784
' 8, 558
' 5, 543
' 4, 294
' 3, 040
-\ c 7f\7
3,775
8,530
5,563
4,513
3, 088
15, 736
1, 560
2,618
4,348
' 1, 640
' 2, 808
' 4, 159
1,604
3,306
4,092
r
55,962
57, 363
58, 629
59, 217
59, 779
59, 869
60,309
61, 178
61, 697
62, 540
53,042
2,920
54, 439
2,924
55, 636
2,993
56, 215
3,002
56, 684
3,095
56, 694
3,175
57, 064
3,245
57,904
3,274
58, 438
' 3, 259
59, 248
3,292
57,044
57, 317
58, 160
58, 595
59, 463
59, 897
60, 588
60,981
61,391
62, 480
53,958
6,559
4,311
4,811
8,302
8,103
21,090
15,526
54, 280
6,656
4,387
4,851
8,413
8,247
21, 051
15, 394
55, 092
7,073
4,759
4,910
8,467
8,269
21, 363
15, 738
55. 53]
7,058
4,720
4,897
8, 563
8,302
21, 776
16, 098
56, 374
6,683
4,351
4,911
8,688
8,448
22, 664
16, 849
56, 875
6,569
4,148
5,051
8,782
8,555
22, 951
16,861
57, 454
6,637
4,144
5,093
8,963
8,773
23, 069
17, 074
57,830
6,348
3, 825
5,115
8,984
8,978
23, 563
17, 252
58, 148
'5,760
' 3, 185
' 5, 120
' 9, 313
' 9, 178
23, 901
17, 732
59, 155
5, 431
2,796
5,119
9,543
9,346
24, 749
18, 519
3,086
3,037
3,068
3,064
3,089
3,022
3,134
3,151
' 3, 243
3,325
1,975
29,223
5,490
20,356
1,962
29, 210
5,558
20, 587
1,904
29, 494
5, 596
21, 166
1,898
29, 549
5,591
21, 557
1,901
30, 694
5,628
21, 240
1,908
31, 154
5,721
21, 114
1,922
31, 607
5,733
21, 326
1,861
32, 097
5, 720
21,303
' 1, 953
32,587
' 5, 701
21, 150
2,002
33, 206
5,709
21, 563
1,447
1,328 r 1, 406
1,420
1,427
1,412
1,374
1,354
1,371
1,399
9,964 20, 260 20, 502 21, 361 21, 457 21, 743 22, 036 22, 503 23, 400
20,058
3,534 13,572 13,771 I 13, 981 14, 166 14, 422 14, 700 14, 982 15,131 '
13,367
andpr inting arid publis hing indiistries; u nfilled or ders for c ther non durable \?oods ind ustries
^F or these industri as (food and kin(Ired pro lucts, to Dacco pr oducts, £ipparel
are zei-o.
and re ated pro ducts, pe troleum imd coal ]Droducts, chemicaIs and all ed prodLicts, and rubber
c
( Corrected
and piastics pr<:>ducts) s ales are considere i equal t a new oniers.
SURVEY OF CURRENT BUSINESS
Norember 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
S-7
1964
Monthly
average
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS cf
New incorporations (50 States and Dist. Col.):t
Unadjusted
number.. 15, 534
Seasonally adjusted
do
INDUSTRIAL AND COMMERCIAL
FAILURES d*
Failures total
number
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
do
do
do
do
do
_
Liabilities (current), total
thous. $
Commercial service
do
Construction
_
_
do
Manufacturing and mining
do___.
Retail trade
do
Wholesale trade
_
._
do
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns..
16, 477
15, 465
16, 605
16, 394
16, 493
14, 098
17, 103
17, 459
17, 154
18, 180
17, 275
15, 967
17, 367
19, 789
17 112
17, 712
16, 504
16, 540
16, 043
17, 635
16,671
16, 794
16, 369
16, 114
16, 957
15, 962
17, 138
1,198
1,125
1,034
1,060
967
968
1, 137
1,114
1 332
1,179
1,183
1,094
1,074
1,131
1,100
114
200
102
199
188
520
116
81
208
163
484
98
96
194
196
467
107
100
180
175
412
100
89
175
165
442
97
105
206
187
525
114
103
199
185
525
102
124
230
218
621
139
99
228
183
535
134
126
204
191
549
113
90
205
172
510
117
82
205
157
514
116
114
208
176
533
100
124
205
172
479
120
93, 766 119, 324
4,666
4,870
23, 967 22, 953
35, 619 59,174
19, 135 20 629
10, 379 11, 698
98, 282
9,171
25, 835
27, 233
28, 023
8,020
201
557
126
112, 716 110, 769 114, 565
7,425 15, 211
6,074
19, 280 21,866 32, 185
46, 475 30, 155 31, 396
24, 947 23, 496 24, 958
14, 589 20, 041 19, 952
156.3
*53.2
56. 3
50.7
50.3
48.2
89, 272 111,985 146 579
4,905
9, 111 24 487
24, 381 19,881 21 075
26, 189 43, 269 47, 868
19, 744 28 663 29 913
14 053 11, 061 23 236
52.8
51.7
54.8
83, 247 133 113 144 607 121, 485 135, 039 104,976
6,039 48 806 54 207
4,891 47, 127 23, 039
19, 554 17 729 35 601 53, 372 24, 080 19,007
26, 090 32 978 22, 435 31, 145 30,097 24, 880
20, 067 20 944 22 353 21,352 19 704 27, 463
11, 497 12 656 10 Oil 10, 725 14, 031 10, 587
50.8
54 1
50.1
52.8
56.9
59.7
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products©
1910-14=100..
242
236
237
236
234
234
236
238
239
243
251
256
253
250
250
248
238
229
233
234
234
234
234
237
243
248
243
236
224
224
220
Crops
.
Commercial vegetables .
__
Cotton
Feed grains and hay
.
Food grains . .
.
..
_
do
do
do
do
do
239
233
271
164
224
Fruit
Oil-bearing crops
Potatoes (incl. dry edible beans).
Tobacco
do
do
.do
do
292
258
298
256
295
254
156
494
227
490
203
487
206
497
do
do
do
do
do
245
253
290
146
269
235
256
270
142
291
244
265
281
147
281
239
274
267
144
288
Livestock and products
Dairy products
Meat animals
•_
Poultry and eggs ....
Wool
..
246
262
166
190
223
258
170
164
229
261
165
165
319
260
281
254
161
168
241
247
171
168
280
263
268
273
272
275
229
496
282
495
322
488
241
281
331
497
336
497
371
499
235
275
258
143
277
234
271
261
139
266
237
267
272
136
270
240
262
280
137
269
941
256
283
244
248
292
144
265
254
242
320
136
268
266
239
345
138
267
290
308
278
290
307
278
234
233
174
168
237
233
176
167
257
281
261
242
177
166
287
249
180
164
244
282
-IOQ
0«Q
299
255
180
158
254
253
177
160
249
272
245
274
391
499
368
498
219
269
325
251
182
162
235
244
171
162
231
249
171
160
236
248
161
164
242
258
263
245
241
244
231
508
179
531
181
527
272
256
344
146
269
271
267
334
150
266
273
277
332
150
268
r 288
978
289
305
277
305
277
288
305
276
323
321
321
322
78
78
77
386
4Q8
9fiQ
947
344
149
9fi8
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) f.
1910-14=100..
283
298
273
282
300
270
282
299
270
282
300
269
282
301
269
283
301
270
285
303
272
OCfi
98fi
304
273
OAQ
273
287
303
276
312
313
313
312
313
313
317
318
318
320
323
O..O
Parity ratio§|
2 73
2 76
7fi
76
75
ye
74
7K
7K
76
78
79
109 6
110.1
110 2
110.0
110.2
110 1
110 i
110 0
110 3
109 8
110 2
110 0
110 6
106 6
108 5
101 8
106 6
108 6
101 7
Q7 1
Qfi 5
105 1
o
104 7
o
104 9
110 1
l
IOQ 7
..
>
do
090
9QO
Q|-J7
CONSUMER PRICES
(U.S. Department of Labor Indexes)
All items.
Special group indexes:
All items less shelter
All items less food.
1957-59=100..
3
106.7
3 108. 1
108 4
108 5
108.7
108.8
108.9
10S 9
109 0
109.3
do
do
106 7
107 4
108 0
108 9
108 2
109 0
108 3
109 2
108 5
109 5
108 6
109 6
108 6
109 8
108 6
109 8
•I AD
7
109 1
110 1
do
do
do
do
.do
104 1
104 9
102 1
101 5
116 6
105
106
103
101
121
105 4
105 5
106 4
103 1
101 3
121 9
105 6
106 4
103 5
102 5
12^ 9
105 7
106 5
103 4
101 6
123 7
105 6
iofi ^
103 6
105 5
infi ^
103 3
1 O5 ft
102 8
98 7
121 9
123 7
101 O
191 7
do
do
103 5
113 0
104 4
115 2
104 3
11 e e
104 6
115 7
104 8
116 0
104 9
116 2
104 9
1 ifi fi
m
do
do
do
_do
105 1
100.2
103 8
111.0
106 4
98.6
104 7
115.3
107 2
101.4
104 6
112.2
106 9
100.6
105 3
111.7
106 8
99.5
105 3
113.0
106 9
99.0
105 6
114.5
infi R
99.2
lOfi fi
ine c
ine 9
99.5
99 6
112.4
113.3
115 3
Housing
Shelter 9*
Rent
Homeownership*
Fuel and utilities*....
Household furnishings and operation*
do
do
do
do
do
do
106 0
106 9
106 8
107 0
107 0
102.4
107 2
108 7
107 8
109 1
107 3
102.8
107 4
109 0
107 9
109 5
107 2
102.8
107 6
107 7
109 3
108 3
107 8
108 1
108 9
1O8 9
loa 9
108 4
1OS 5
108 8
IflQ fi
inn o
IOQ a
107 4
102.8
107 5
102.9
107 9
102.9
Apparel and upkeep*
Transportation .__
Private
Public
do
do
do
do
104 8
107 8
106 4
116 9
105
109
107
119
105 9
108 9
107 4
119 3
106 2
ino 4
108 0
119 3
106 4
i in o
m
119 5
IOQ n
120 3
do
do
do
do
111 4
117 0
107 9
111.5
114 0
114 9
114 3
Commodities^
Nondurables
Durablesf9—
New cars
Used cars..-.
-
Commodities less food^[
Services^
Food 9
Meats, poultry, and
Dairy products..
Fruits and vegetables
Health and recreation 9*
Medical care
Personal care
Reading and recreation
fish
_
2
0
0
2
6
7
3
9
0
113 6
m
infi
A
113 9
m
7
IflQ 9
108 2
108 fi
190 o
ino 7
109 2
109 5
109 7
114.' 1
114.3
114.5
114.9
' Revised.
1 Based on unadjusted data.
2 Annual data for 1961-64 for parity ratio
adjusted for government payments made directly to farmers are as follows (unit as above) •
83; 83; 81; 80. Descriptive material and annual data back to 1933 appear in the Dept of Agriculture _ publications, "Agricultural Prices," January 1964 and 1965 issues. 3 New series
Beginning Jan. 1964 the index reflects the following changes: (1) updated weighting factors and
price data base; (2) improvements in statistical procedures; (3) a more comprehensive index,
incl. single workers living alone, as well as families of wage earners and clerical workers;
(4) expansion of the "market basket" from 325 to 400 items; and (5) increase in the sample of
priced cities to 50 metropolitan areas and cities in the U.S. incl. Alaska and Hawaii The
AnC
new series has been linked to the old series as of Dec. 1963 to provide continuous series (see
exceptions in notes "1" and "*"). More complete information and data are available from
A
1 1Q Q
me
108 4
m rv
106 6
e
19fi Q
1 10 n
114.9
m
e
104 7
o
1O7 Q
102 8
I AC
ft
1 AC
m
1OQ
1 O4 8
l
7
190 fi
m
e
115.0
105 9
107 0
103 0
100 7
120 6
106 9
108 6
102 6
Q7 4
199 7
105 0
m
m
q
107 ^
1O7 4
102.8
1 0Q Q
103 1
99.8
100 3
117.6
121 4
104 5
1O7 9
103 1
9
lOft Q
1O9 Q
123. 0
106. 4
109 2
125.9
124 3
104 O
m
m
109 8
103 1
103 1
m
m
7
1 AC Q
108. 5
ins fi
110. 6
1 AQ
115.2
1O7 4
1Ofi O
102 9
103.1
107 9
1OQ 5
e
m
115 8
115 4
115. 4
121.8
115.9
I
infi 4
102 9
o
121. 4
109.8
A
111.5
191 9
118 5
114 6
•JAR
111. 2
lOfi ^
0
m
122. 2
115. 9
115.7
114.6
114.3
114.8
the Bureau of Labor Statistics, U.S. Dept. of Labor (Washington, D.C., 20210). cf Compiled
by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.). fData prior to
1963 exclude Dist. of Col. Revisions for Jan.-Dec. 1962 (seas, adj.) appear on p. S-7 of the
Aug. 1964 SURVEY.
©Revisions for Jan. 1961-Mar. 1964 for all components, and revised data for all farm
products, crops, and commercial vegetables back to Jan. 1958 are available in the May 1965
"Agricultural Prices, Supplement 1." tSee note marked "i" on p. S-7 of the Feb. 1964
SURVEY. §Ratio of prices received to prices paid (incl. interest, taxes, and wage rates).
IData beginning 1963 as shown here are not comparable with "old series" data formerly
published.
9 Incl. data not shown separately.
*New indexes.
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963 | 1964
Monthly
average
November 1965
1964
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
COMMODITY PRICES—Continued
WHOLESALE PRICESc?
( U.S. Department, of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities
1957-59 =100__
9 Foodstuffs
do
13 Raw industrials..—
—do
* 93. 9 *97.7
1 92. 0 !88 8
195.2 1 104. 6
100 .3 100.5
100 0
89 3
108.2
100 7
102 3
89 7
112.0
100 8
102 7
89 2
113.2
100 7
103.2
91.1
112. 5
100.7
102 3
91 5
110.6
101 0
102. 4
91.5
110.7
101.2
103.0
89.8
113.2
101.3
105.3
90 6
116.7
101 7
105.2
90.3
116.9
102.1
104.2
90.1
115. 3
102. 8
103. 3
89.0
114.6
102 9
104.7
91 2
115. 2
102 9
105 4
93 2
114.8
103 0
105 Q
93 4
115.0
103 1
95.0
100 .5
101 A
94.1
100.9
101.8
94.3
101 1
102 1
94.0
101 1
102 1
94.0
101 4
101 9
94.2
101 6
102 3
95.5
101 6
102. 3
95.8
101 6
102.4
96. 9
101 8
102 8
98.3
101.9
103.2
100. 6
102. 2
103. 9
100.5
102 3
104 0
100.8
102 4
103 8
100. 0
102 5
104 1
100.2
102 6
104 3
101 .0
99.6
102.4
99.1
95.7
100 6
102 1
109 4
99 4
102 8
99 2
102 9
99 1
103 0
99 0
103 1
99 5
103 2
99.6
103. 3
99.8
103 4
100 4
103.6
100.8
103.7
102.0
103 7
102.2
103 9
102 0
103 9
102 2
104 0
102 4
100. 6
101.3
99.8
101. 1
102.5
99.7
101 2
102 5
99.8
101 4
102 8
10G.O
101 4
102 9
99.8
101 5
102 9
100.0
101 8
103 2
100. 5
101 8
103 3
100.3
102 1
103 4
100.7
102.4
103 6
101.1
103.0
103 7
102.3
103 1
103 7
102.5
103 2
103 9
102. 4
95.7
96.1
101.9
88.8
94.3
103.2
94.1
84.7
95 7
101 5
90 2
90.9
93 8
98 2
88 9
85.8
94 0
108 0
88 0
83.6
92 7
98 9
90.1
83.1
93 0
98 5
90.4
85.5
94 5
102 5
90.5
88.4
97 6
117 7
91 2
98 4
118.5
91.0
96.2
100.3
109 0
89.6
104.6
100 0
103 9
88.4
105.0
99 1
85 5
88.3
106.4
103 2
103 9
102. 5
99 5
96 1
89.3
102.6
103 4
104 0
102.7
Farm products $
do____
Fruits and vegetables, fresh and dried— do.
Grains
do
Livestock and live poultry..
.„. _do___.
101 8
103 3
100.4
95 4
107 8
90.6
89.8
Foods processed 9
do
Cereal and bakery products.
do ._
Dairy products and ice cream___._
do
Fruits and vegetables, canned, frozen.. __do—
Meats poultry and fish .
do __
101.1
107.3
107 .5
103.9
93.3
101 0
107.8
107.8
104.8
90.8
102 2
108 1
108 7
102.2
96 1
101 7
108 2
108 9
102.7
93 2
100 9
108 3
109 5
102.3
89 8
100 8
108 2
108 9
101.9
88 8
102 2
108 2
108 3
101.9
91 9
102 1
107 9
107 8
100.3
92 1
101 8
108 1
107 5
100.7
92 4
108 3
107 5
100.9
93 6
103 3
108 3
106 8
100.4
97 7
106 1
108 5
107 1
101.5
105 5
106 6
109 3
107 8
101. 8
106 3
106 7
106 7
108 8 109 1
108 5
109 1
100.4 '101.8'
106 3 105 3
107 0
109 4
109 4
105. 9
104 9
Commod. other than farm prod, and foods-do
100.7
101.2
101.1
101.5
101.6
101. 8
101.9
101.9
102. 0
102.1
102. 3
102.5
102.5
102.7
102.7
102. 8
Chemicals and allied products 9 . .__ __do__-. 96.3
94.8
Chemicals, industrial
- do
Drugs and Pharmaceuticals
— do__ „ 95.1
80.3
Fats and oils inedible
do
99.9
Fertilizer materials
_
do
103.8
Prepared paint
do
96 9
94 3
94.6
107 7
99 3
104 8
96.7
97 7
101. 5
120 4
91.9
98.5
91 2
105 5
81 5
91 1
106.0
109 1
95.4
104 8
100.3
100 4
103.0
112.9
112.4
96.3
100.7
103.8
91.8
100.7
110.4
101.8
' 104. 6
101.1
108.6
99.1
104.0
92.1
88.0
101.4
103.3
99.0
96.1
116.6
103.1
107.6
100.8
105.6
110.1
101.1
Q7 1
94 1
94.7
97 2
94 2
94.7
116 8
100 7
97 3
94 6
94.4
113 4
109 3
104 8
98.5
98.3
101.1
121 4
95.2
98.3
90 2
108 1
81 1
89 7
97 5
94 7
94.6
118 3
103 8
105 2
97.9
98. 3
100.8
124.1
93.9
97 6
94 8
94.8
121 2
104 3
104 4
97.6
94 6
100.8
122 5
94.1
98.0
89 4
106 0
81 1
88 9
106.3
109 7
96 3
103 6
100. 5
101 0
103.7
114.6
115. 0
97.0
100.8
105. 2
91.9
101.4
113.4
101. 9
105.1
101.3
108.1
99.8
103. 9
92.3
88.5
101.5
103. 1
99.7
96.1
134.5
103. 1
97 6
94 8
95.0
116 7
104 3
105 7
98.4
94.6
100.8
122. 2
95.4
97 1
95 0
93.9
104 4
102 1
105 7
99.0
95.8
100. 8
123.9
96.4
97.7
88.6
106.1
79 0
88.0
112.2
110.2
133.4
112.5
101.8
102. 5
97 2
95 0
93.9
r log 4
102 5
105 7
99. 2
'96.6
100.8
f 125. 3
96.4
97.7
88.6
106. 2
79 0
88.0
111.3
110.3
124.9
110.9
' 102. 0
> 103.1
103.8
' 115. 0
115.6
96.6
100.5
97 5
95 3
93.9
110 0
103 4
105 9
99.5
97 2
100.8
126 4
96.6
97.8
88 6
106 3
79 0
88 0
112.9
112.9
125.6
111. 9
101.7
103 1
103.9
114.8
115.8
96.5
107.8
100. 7
106.5
110.3
102.4
108.1
100.8
107. 3
108. 9
102.5
97 4
94 8
94.7
114 0
104 3
105 7
98.7
94.7
100. 8
122. 7
96.0
98.0
89.4
105. 9
81 1
88 9
107.7
109.8
103. 1
107.6
100.3
101.1
103.8
114.7
115.2
97.1
100. 7
105.9
92.0
101. 3
116.2
102.0
105.1
101.6
107.5
100.0
104.1
'•93.1.
90.2
101.9
103.6
100.2
95.9
132.2
104.0
107.6
100.7
105.6
111.0
102.5
97 4
95 0
94.7
110 3
103 3
105 7
98.7
95.2
100.7
122. 5
96.0
97.8
89 2
105.9
r
79 6
87 8
108.8
110.0
117.4
105.9
100.5
101.2
101.5
103.1
99.6
96.3
135.5
103.3
107.6
100.9
105.6
109.6
102.2
97 5
94 5
94.6
118 7
104 3
104 4
97.9
97.3
100.8
124. 1
94.0
98.3
90 0
106 0
81 1
88 9
105.7
109 1
92.1
105 7
100.7
101 3
103.5
114.6
114.5
96.8
100.8
104.8
91.6
101.3
112.3
101.9
105. 1
101.2
108.4
99.5
103.8
92.2
88.5
101.5
103.1
99.6
96.4
131.4
103.1
107.5
100.6
105.6
109.5
102.2
98.8
98.7
98.3
91 5
97.9
91 2
97.3
90 8
97.2
90 7
By stage of processing:
Crude materials for further processing — do
Intermediate materials, supplies, etc
do__ _
Finished goodsO
- ------ do
By durability of product:
Durable goods
•.
do
Nondurable goods
do_
Total manufactures
Durable manufactures
Nondurable manufactures.
_:
do
do
do
Fuels and related prod., and power9
do
Coal
- -do
Electric power
,
Jan. 1958=100—
Gas fuels
do
Petroleum products, refined
1957-59=100—
99.8
96.9
102.0
122.8
97.2
Furniture, other household durables 9 .--do—
Appliances, household
do____
Furniture, household.
__do
Radio receivers and phonographs
do
Television receivers. _
.
do
98.1
91.8
104.6
82.8
92.3
96 7
94.2
95.0
96 8
100.1
104 7
97.1
96.9
101.1
121. 3
92.7
98.5
91.3
105.3
81.5
90.9
Hides, skins, and leather products 9
Footwear
Hides and skins
Leather
~
... ._
Lumber and wood products
Lumber
104.2
108.3
84.0
101 9
98.6
98 9
102.2
111.1
109.6
97.4
100.0
100 .1
92.9
99.1
99.1
104. 6
108.5
87.5
102.9
100.6
100.7
102.9
112.9
112.4
96.8
100.5
102. 8
92.0
100. 5
105. 9
_do.._-do
do
do
do—
do
Machinery and motive prod. 9
—-do
Agricultural machinery and equip
do
'Construction machinery and equip
do— —
Electrical machinery and equip
— do—
T^Iotor vehicles
do
Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals
do
do
do —
do
101. 5
Nonmetallic mineral products 9
_._ do— — 101 .3
103.6 ' 104. 2
Clay products, structural
do
101.7
100. 9
Concrete products
do
105.4
108. 2
Gypsum products
.
_
do
99.2
99.0
Pulp paper and allied products
do
• 102.4 103. 6
Paper
.-: -. do
93.8
92.5
Rubber and products
do
90.1
89.0
Tires and tubes
- - _ do .--,
101. 2
Textile products and apparel 9
——do— 100.5
102.8
Apparel
-- .
do— — 101.9
99. 6
Cotton products
.___ do— 100.3
95. 8
93.9
Manmade fiber textile products.
__do— ..
139.9 117. 3
Silk products
_do
100.9 103. 0
Wool products
do
Tobacco prod, and bottled beverages 9 —do..-—
Beverages, alcoholic
_,
do
Cigarettes
do
Miscellaneous
.
do
Toys, sporting goods
do
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
1957-59=100-
106.1
101.0
104.1
110.4
101.0
107. 4
100.7
105. 6
109. 2
101. 0
99.7
93.7
99.5
96 6
93 9
94. 6
106 2
98 8
1 (\A
O
95.2
97 3
101.5
118 4
89.5
98.6
91 1
105 3
81 8
90 8
105.4
108 4
95.5
104 0
100.6
100 7
102.9
113.0
112.4
96.4
100.5
103. 0
91.7
100.5
107. 0
101.8
104.6
101.1
108.6
98.7
103.7
91.9
88.0
101.2
103. 3
98.9
95.7
117.0
102.9
107. 5
100.8
105.6
109.2
101.2
99.3
92 3
99.2
Q9 9
H9 g
100 7
1D4. Q
104. ft
97.6
98 0
101.4
123 1
93.3
98.5
90 7
105 6
81 3
91 1
105.5
109 0
90 7
103 9
99.6
99 2
103. 2
113.8
113.4
96.5
100.7
104.3
91.9
100.9
112.0
101.8
104.9
101.1
108.6
98.9
104.0
92.2
88.0
101.4
103.2
99.1
96.5
117.8
103.3
107.5
100.5
105.6
108.5
101.2
98.1
98 2
101. 3
124 0
94.0
98.4
90 6
105 7
99.3
'Revised.
v Preliminary. ' 1 Monthly averages computed by OBE.
2indexes
based on 1947-49=100 are as follows: Measured by—wholesale prices, 81.7 (Oct.); consumer
prices, 74.0 (Sept.).
cTFor actual wholesale prices of individual commodities, seerespective
01 q
90 0
105.4
109 0
90 2
103 9
99.4
99 1
103. 1
114.2
113.7
96.3
100.8
104.7
92.2
101.1
113.0
101.6
105.0
101. 1
106.6
98.9
103.7
92.2
88.8
101.5
103.1
99.4
96.8
117. 4
102.8
107.5
100.5
105.6
110.7
101.3
99.3
91 9
104.9
109. 1
86.5
104 2
100.8
100 8
103.3
114.3
113.8
96.7
100.8
104. 5
91.3
101.4
111.5
101.7
105.0
101.3
106.6
99.0
103.7
92.3
88.8
101.5
103. 1
99.5
96.9
121.6
103.4
107.5
100.5
105. 6
110.0
102.1
99.0
91 8
98.2
90 0
106 0
81 1
88 9
105.1
109 1
90 2
103 2
100.8
101 4
103.5
114.4
114.3
96.8
100.9
104.6
91.4
101.2
111.8
101.8
105.1
101.2
107.7
99.0
103.8
92.2
88.5
01 8
Q1 7
91.4
109 3
98.0
89.2
106.0
•81.1
88.9
107.4
109. 7
105.9
104.2
100.4
101.0
103. 7
114.7
115.1
97.1
100.8
105.7
91.6
101. 5
115.2
101. 9
105.1
101.3
108. 1
100.0
104.0
92.9
89.7
101.6
103.2
99.9
96.0
135.1
103.8
103.8
103.7
114.8
114.9
115.3 115.6
96.7
97.0
100.7
100.7
105. 8 106.2 r 106. 2
91.9
91.9
91.7
101.2
101.4
101.5
116.5 117. 0
115.5
101. 6 ' 101. 6
101.9
105.1 ' 105. 3 '. 105. 4
101. 5 101. 6
101. 7
107.5 ' 100. 6 ''99.9
99.9 ' 100.0
99.9
104.1 104.1 104.1
93.2
93.3
93.0
91.1
91.1
90.2
101.9 ' 102. 1
101. 9
103.8 103. 9 ' 104. 2
100.6
100.3 100. 4
94.7 "94.2
95.7
132.8 134. 9
127.6
105.0 ' 105. 2
104.4
107.7
107.6
107.6
100.7 ' 100. 9
100. 7
105.6
105.6
105.6
111. 5 '111.5
112. 6
102.7 103.0
102.9
commodities.
©Goods to users, including raw foods and fuels.
shown separately.
97.2
90 9
2
97.1
90 7
99 5
95 6
88 6
103.2
106.3
91.9
101.2
117.4
101.6
105.4
101.6
98.8
100.4
104.5
93.4
91.1
102.1
104.3
100. 7
93.4
140.3
105.4
107.7
100.9
105.6
111.2
103.0
297.0
9 Includes data not
SUEVEY OF CUKEENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963 | 1964
Monthly
average
S-9
1964
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACEf
_mil.$__
5,230
5,485
6,178
6,076
5,754
5,377
4,682
4,236
4,748
5,132
5,609
6,364
6,331
' 6, 409
' 6, 470
6,397
Private total?
.-do
Residential (nonfarm) 9
do New housing units
do
Additions and alterations
do
Nonresldentlal buildings, except farm and
public utilities, total 9
mil. $__
Industrial
do
3,655
2,154
1,672
0)
3,824
2,209
1,718
0)
4,168
2,405
1,910
0)
4,089
2,311
1,842
C)
4,000
2, 229
1,788
3,316
1,788
1,433
0)
3, 070
1,580
1,273
0)
3, 378
1, 827
1,398
0)
3,713
2,134
1, 559
0)
4,045
2,371
1,728
(>)
4,433
2, 630
1,935
0)
4,484
2,591
2,019
0)
' 4, 466
r 2, 527
' 2, 009
(')
'4,387
' 2, 437
' 1, 942
(')
4,296
2,347
1,873
0)
3, 767
2,076
1,670
0)
989
1,081
1,166
1,176
1,178
1,122
1,050
1,108
330
611
Stores, restaurants, and garages
do.—
Farm construction
do
Public utilities
.—
____—.— .do
247
107
244
101
211
97
327
425
237
110
181
92
200
94
201
92
233
95
286
102
318
109
454
315
112
'465
' 1, 336
'350
'617
'301
107
'471
1,316
189
104
320
555
1,331
321
436
1,047
1,294
320
483
1,048
1,209
307
522
1,070
1,847
559
78
1,943
599
86
New construction (unadjusted), totalf
Public total
Nonresldentlal buildings.
Military facilities
-
do
do
.do
247
433
275
471
203
102
383
404
1,575
462
102
1,660
514
81
579
432
598
468
289
508
295
519
327
439
179
94
316
436
315
481
456
469
466
447
338
324
379
409
435
456
2,010
566
95
1,987
568
108
1, 754
495
94
1, 610
493
63
1,366
470
57
1,166
450
49
1,370
490
63
1,419
516
66
1,564
538
77
1, 931
584
83
816
533
806
505
714
451
640
414
439
400
290
377
398
419
388
449
472
477
737
527
709
501
342
624
'2,083
'615
0)
840
717
'541
540
(>)
353
598
282
104
490
2,101
609
(0
l
()
0)
New construction (seasonally adjusted at annual 2
2
rates), totalt
mil.$_. 62,755 65,817
43,859 45,891
Private total 9
...do
65,968
64, 861
65, 153
66,178
66, 055
66, 881
67, 598
67, 590
67, 572
68, 950
68, 599 '67, 953 '69, 178
68, 191
45, 571
45,294
45, 368
45,684
46,333
46, 846
47, 171
47, 544
47,982
48, 616
48, 603 '48, 194 '48,000
47, 599
25, 843
Residential (nonfarm)
. do
Nonresldentlal buildings, except farm and
public utilities, total 9
mil. $__ 11, 863
2,962
Industrial
do
Commercial 9
do_ __ 5,200
2,268
Stores, restaurants, and garages.
do
1,247
Farm construction
do
4, 596
Public utilities
do
26, 507
25, 934
25, 685
25, 638
25, 953
26, 676
26, 713
26, 602
26, 675
27, 070
27,224
26, 983 '26,621 '26, 276
26,091
12, 975
3,303
5,656
2,434
1,221
4,850
13, 018
3,400
5,587
2,454
1,217
5,071
13, 115
3,445
5,653
2,543
1,215
4,990
13, 190
3,521
5,709
2, 600
1,212
5,012
13, 034
3,610
5,641
2,549
1,209
5,165
13, 290
3,792
5,662
2,546
1,205
4,824
13, 466
3,871
5,701
2,660
1,214
5, 075
13,761
3,934
5,903
2,855
1,212
5,207
14, 047
3,997
6,089
3,022
1, 209
5,181
14, 240
4,012
6,254
3,127
1,201
5,034
14, 599
4,040
6,574
3,290
1,196
5,187
14, 887
4,073
6,826
3,336
1,188
5,185
14,921
4, 096
6,815
3, 232
1,186
' 5, 142
'14, 885
' 4, 114
' 6, 754
' a~101
1,186
' 5, 277
14, 665
do • ... 18,896
19, 926
20,397
19, 567
19, 785
20,494
19, 722
20, 035
20, 427
20, 046
19, 590
20, 334
19, 996 '19, 759 '21, 178
20,592
5,540
1,227
6,948
6,163
6,261
1, 068
7,414
6,237
1,097
6,739
6,212
1,033
7,087
6,440
756
7,583
6,319
6,476
776
7,151
6,300
912
7,541
6,173
6,321
6,244
833
7,546
6,388
980
7,156
'6,642
910
6,529
' 6, 815
6,684
0)
7,636
0)
0
3,796
3 132
1,221
2,574
3,942
3
137
1,281
2,661
3 762
4,029
136
1,310
2,719
3 757
'143
1,174
2 583
3 598
3 127
4,770
152
1,539
3, 231
4,864
145
1,517
3,348
4 625
4,153
1,553
3 072
4,795
149
1, 750
3,045
4 265
1,124
2 638
1,313
2,952
1,332
2,821
1, 198
1,709
1,291
1,713
1,228
1,717
1,425
1,702
1,263
1 482
1 012
Public tota!9
Nonresidential buildings _.
Military facilities
Highways
_ _ . do _.
do
do .
968
7,182
785
7,010
888
7,396
887
6,862
i 117
6,507
2,891
1,185
5,231
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Co.): A
Valuation total
mil $
Index (mo. data seas adj )
1957-59—100
Public ownership
.
mil. $
Private ownership
do
By type of building:
Nonresidential -_
.. do ..
Residential
do
Non-building construction ._
do
New construction:
Advance planning (ENR)§
_
do
Concrete pavement awards:
Total
_
thous. sq. yds_.
Airports
do
Roads
_
do .
Streets and alleys
do
Miscellaneous
do HOUSING STARTS AND PERMITS0
Mew housing units started:
Unadjusted:
Total, inc.. farm (public and private). __thous_.
One-family structures
...
do _
Privately owned
_ _ do _.
Total nonfarm (public and private)..
In metropolitan areas
... _
Privately owned .
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only)
do
do _
do
937
889
2,770
30, 160
4 1, 445
19, 233
* 9, 481
3,700
131
817
2, 860
902
3,676
2,900
30, 942 32, 561
338
2 035
22,468 23, 008
s 6,395
6 648
4 5 742
870
1, 104
2 023
3,223
140
1,112
2,110
4 209
1,230
2,368
1,298
1,306
1,155
1,273
1,060
1, 299
863
1,775
2,074
1,015
1,551
2,080
993
1,691
1,952
1,151
1,464
1,756
953
1,546
2,139
1,086
1,507
1,971
700
1,379
1, 877
3,915
2,614
4,013
3,' 476
3,322
2, 962
4,174
- 3, 215
3,714
3,915
154
994
137
141
1,348
2 861
31, 148
28, 931
880
623
22, 236
6 993
1,039
4
1,
5
22, 835
4 837
139
139
788
34, 455
1, 601
22, 421
8 991
1 443
635
147
934
3,895
33, 048
857
20, 692
9 549
1 950
136.7
85.1
134.1
132.6
81.1
129.8
127.4
79.2
124 0
146.1
92.0
144 0
114. 6
69.5
112 0
98.3
58.8
96.7
85.6
51.8
81 5
87.9
51.5
85 4
124.9
76.7
120 7
154.9
100.2
152 2
162. 1
102 3
157 5
162.3
99.9
155 5
134.4
95.8
131.8
130.3
693.2
127. 5
125.2
90.6
121 9
143.5
100.9
141 4
112.4
77.7
109 9
96.4
70.4
94.8
84.2
58.8
80 1
87.1
63.4
84 7
123.0
90.7
118 8
152.8
102 5
150 1
159.8
110 9
4
155
159.6
114 3
152 8
1 445
1,422
1 522
1,495
1 505
1,480
1 610
1,575
1 442
1 417
1 482
1,468
1 489
1,465
1 552
1 532
1 516
1 501
2 1,286
2720
1,243
1,236
1,256
1,195
1,280
1,224
1,269
1 187
1 240
109
112
113
113
113
113
113
114
114
114
114
116
116
117
117
780
802
809
878
888
792
785
811
892
889
803
788
812
892
917
804
804
815
901
917
804
804
815
892
890
803
796
892
890
803
797
814
887
897
802
786
811
815
818
820
825
827
829
119
120
120
120
120
121
121
do
do _
New private housing units authorized by bldg. permits (12,000 permit-issuing places) :*
Seasonally adjusted at annual rates:
Total
__
..thous-- 2 1, 335
2750
One-family structures
do
705
709
741
720
734
713
711
677
722
143.9
'94. 1
141 3
137. 5
'88.2
134 1
123.3
81.3
121 7
141.6
95. 1
139 0
135.6
' 94 3
132 2
121 7
85 4
120 1
1 566
1 539
1 473
1 447
1 422
1 404
1 424
l'407
1 254
1 243
1 217
1 158
'675
703
r
704
692
CONSTRUCTION COST INDEXES
Dept. of Commerce composite^
1957-59=100
American Appraisal Co., The:
Average, 30 cities
1913=100..
Atlanta
do
New York
do
San Francisco...
do
St. Louis
do ^_
Associated General Contractors (building only)
1957-59=100..
857
858
761
760
114
' Revised.
1 Not yet available; estimate included in total.
2 Annual total (also for
breakdown of new construction value).
s Computed from cumulative valuation total.
* Quarterly average.
« Prior to 1964, "miscellaneous" yardage was included with data for
roads and streets.
6 Effective Jan. 1964, based on 1964 definition of standard metropolitan statistical areas;
not strictly comparable with earlier data.
fRevised series.
Revised monthly data for 1946-Apr. 1964 appear in Construction Reports C30-61 Supplement and C30-65-6 (Bu. of the Census).
9 Includes data not shown separately.
AMonthly averages are based on annual totals
including revisions not distributed to months.
791-025 O - 65 - 4
901
917
804
804
121
901
917
804
803
901
917
804
810
901
917
804
809
907
917
804
809
908
917
804
809
908
939
836
809
121
122
123
124
124
124
117
124
§ Data for Oct. and Dec. 1964 and Apr., June, and Sept. 1965 are for 5 weeks; other months,
4 weeks. Comparable data prior to 1961 not available.
©Revisions for Jan.-Apr. 1964 for permits and unadj. starts and for 1959-Apr. 1964 for seas,
adj. starts appear in Census report C20-65-5.
*New series (from Bu. of Census reports, Series C-20). The 12,000 permit-issuing places
covered by these data account for a major portion (about 83 percent) of private residential
building in the United States (1959-63 data for 10,000 places are also provided in Series C-20
reports).
{Revised to 1957-59 reference base; also reflects revision of basic data.
SUEVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
| 1964
Monthly
average
November 1965
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. H. Boeckh and Associates, Inc.rl
Average, 20 cities:
All types combined
1957-59=100—
Apartments, hotels, office buildings
do.. _.
Commercial and factory buildings
do
110. 2
111. 3
110. 2
108.5
113.4
114.6
113.4
111.6
114.1
115.3
114.1
112.3
114.5
115.7
114.5
112.6
114.6
115.8
114.6
112.7
114. 7
115. 9
114.6
112.7
114.9
116.1
114.8
113.0
115.4
116.7
115.3
113 4
115.5
116.9
115.4
113 6
115.6
117.0
115. 5
113 7
116.1
117.5
116. 1
114.1
117.2
118.4
117.3
115 0
118.0
119.2
118.1
116 0
118.2
119.4
118.3
116 1
118 4
119 7
118.5
116 4
112. 7
118.6
116. 1
123.2
117.1
124.7
117.0
124.7
117.0
124.8
117.0
124.8
116.9
124.7
117.9
126.0
117.8
126 0
117.8
126 0
118 8
127 6
119.1
128 6
119.5
129 5
120.1
129 8
Bu. of Public Roads— Highway construction:
Composite (avg for qtr )
1957-59= 100. _ a 101. 0
118.0
126 0
2 102. 0
102.4
142.9
152.5
165.5
159.1
163.8
144.9
141.4
147.9
130.9
152.2
127.0
135.4
131.9
148 9
164.4
170 0
162.7
160 0
159.6
148 9
171.2
160 3
' 158. 8
176.2
159 7
140.7
141.2
175.7
154.2
151.4
183.2
166.8
162.9
214.4
163.9
161.0
217.3
143.7
141.3
186.0
135.9
132.5
155.3
136.7
131.7
104.9
136.2
138.4
93.4
177 4
171.0
134 8
183 4
159.1
179 4
165 9
155.5
207 3
170 0
161.9
233 2
r
163 6
149.1
236 2
188.1
167.5
246 7
15.8
15.2
11.8
9.5
15.4
174
10.4
121
15.1
183
8.7
112
11.6
194
7.3
118
11.7
193
7.1
118
11.8
202
6.8
113
15.1
203
8.7
124
19.2
184
10.5
110
18.7
190
9.5
95
16.6
183
10.4
109
15.7
155
9.7
93
15.1
168
8.6
92
17.3
184
8.9
89
16.6
187
8.4
98
15.1
192
7.2
97
547.77
237. 68
605. 39
270. 33
650. 14
275. 73
556. 64
258. 30
562. 63
241. 82
542. 46
225. 40
443. 58
199. 82
532. 44
216 46
541 38
178. 87
515 58
182. 49
610 77
217. 36
646 67
217. 21
757 29
244.70
755. 77
254. 42
714 36
s 5, 325
4,837
4,797
4,784
5,325
4,944
4,851
4,747
5,219
5. 227
5,586
5,793
5,770
5,802
5,826
Engineering News-Record:
Building
1957-59=100—
103.8
106 9
103 2
1
120 4
1 199 8
106 7
CONSTRUCTION MATERIALSd"
Output index:
Composite unadjusted?
1947-49=100..
Iron and °teel products, unadjusted
Lumber and wood products, unadj.
Portland cement unadjusted
do
do
do
r
REAL ESTATE
Mortgage applications for new home construction:
Applications for FHA commitments 0
thous. unitsSeason ally adjusted annual rateO
do
Requests for VA appraisals
do
Home mortgages insured or guaranteed by—
Fed Hous Adm * Face amount
mil. $__ 464. 09
253. 76
Vet Adm • Face amount§
do
Federal Home Loan Banks, outstanding advances
» 4, 784
to member institutions.
mil. $_.
New mortgage loans of all savings and loan associations, estimated total-mil. $._
By purpose of loan :
Home purchase
All other purposes
2,042
2,048
2,051
1,791
1,969
1,527
1,541
2,056
2,068
2,022
2,399
2,186
r 2, 187
2,072
587
827
648
543
866
633
498
970
580
531
893
627
462
770
559
522
784
663
370
638
519
379
638
524
544
824
688
558
850
660
526
861
635
614
1,099
686
520
1,063
603
'511
Ir 099
577
492
1,011
569
3,077
8,183
3,077
9,052
3,281
9,277
3, 225
9,283
2,847
8,654
2,936
8,987
2,422
8,858
9,113
9,888
10, 259
9,578
10,248
mil. $__ 117. 13
113.93
100. 55
106. 11
104. 21
124. 59
136. 18
113. 11
138 63
128. 48
116. 92
119. 54
130. 52
111. 78
115. 44
65 3
6.6
4.4
17
8.0
8.5
90 0
10.1
3.6
3o
10.1
9.3
_— ____do.
do
New nonfarm mortgages recorded ($20,000 and
under) estimated total
.-mil. $
Nonfarm foreclosures
.number—
Fire losses (on bldgs., contents, etc.)
2,061
r
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas. ad].:J
Combined index
1957-59=100Business papers
_
—do
Magazines....
do
118
111
125
112
136
128
112
138
126
117
139
127
119
136
129
115
141
127
120
140
126
114
142
130
121
144
125
114
139
130
126
144
130
114
144
130
127
95
88
102
145
103
89
103
157
108
65
95
167
90
114
99
163
101
96
104
161
104
104
112
163
108
CO
103
lUb"
92
149
100
09
110
154
100
90
153
106
on
101
155
112
105
ifti
104
77
95
mil. $__ 2264.5 2 286. 5
do___. 222.7 2 24. 1
_ do
2 87.1 2 90. 2
do
247.4 2 52. 4
Soaps, cleansers, etc
do
2 24.5 2 25. 8
Smoking materials
do
232.6 2 36. 7
n en o
All other.
do~
2 57 Q
Spot (natl. and regional, cooperating stations):
Gross time costs, total
_.
mil $ 2 217. 8 2254.0
Automotive, incl. accessories
_do
28.1
29.6
Drugs and toiletries. . . .
do
2 49 S
Foods, soft drinks, confectionery
do
273.0
288.2
Soaps, cleansers, etc
do
222.9 224.6
Smoking materials
do
29.7 212.5
All other
do
261.2 2 70. 8
Magazine advertising (general and natl. farm magazines) :
Cost, total
mil $
77.6
83:. 1
Apparel and accessories
•
do
4.8
5.1
Automotive, incl. accessories
do
8.5
9.2
Building materials...
"do""""
2.2
2.3
Drugs and toiletries
do
8.0
9,1
Foods, soft drinks, confectionery
do
10.4
11.2
223.8
16.1
70.2
42.4
353.6
33.7
109.2
59.1
310.6
21.1
105 7
58.2
280 5
17 5
88 3
56 9
20.1
28.5
27.7
44.9
28 8
38.4
58.4
27 9
30.7
59.3
223.6
9.0
272.8
8.3
74.4
92.8
249 6
8.8
51.9
90.2
273 6
9.5
48.1
97 7
24.2
13.7
58.9
23.6
13.7
84.5
22.3
13 2
63.2
25.9
13 4
79.1
Newspapers
Outdoor
Radio (network)..
Television (network)
do
__do
do
do
Television advertising :
Network (major national networks) :f
Net time costs, totalf
Automotive, Incl. accessories
Drugs and toiletries
Foods, soft drinks, confectionery
Beer, wine, liquors. - _ „ _
do
Household equip., supplies, furnfshings do
Industrial materials
"do"""
Soaps, cleansers, etc.
do ""
Smoking materials
A
All other
-§J— -
4fi f\
85.7
9.5
8.0
2.9
8.4
9.5
114.9
7.6
18.0
2.6
11.9
12.9
4 7
4 Q
4 n
5.5
6.0
8.4
6.0
3.7
4.0
4.6
6.3
1.0
1.3
1.6
2.0
3.0
3.2
3.2
3.8
25,8
26.7
27.9
34.8
Revised.
i Index as of Nov. 1,1965: Building, 120.2; construction 129 7
2 Annual average based on quarterly data.
3 End of year
ICopyrmhted data; see last paragraph of headnote, p. S-l
<£ Revisions for 1961-Apr. 1964 will be shown later.
9 Includes data for items not shown separately.
103.8
6.3
11.2
1.9
11.8
13.6
7 f>
8.2
4.7
2.3
3.6
32.7
80.2
3.9
6.1
1.0
10.4
11.1
58.8
1.9
6.5
1.4
6.3
8.7
77.2
3.5
9.1
1.8
8.5
11.5
94 1
6.6
10.9
30
9.6
12.3
103 4
8.6
11.9
37
9.7
11.3
•I EC
103 7
6.6
11.0
37
9.4
11.6
86 6
2.4
9.0
31
9.8
12.7
150
1 V7
68 7
.9
5.9
24
8.3
9.4
1.9
3.7
4.9
6.0
3.2
6.1
4.6
5.9
5.2
3.2
3.0
3.4
6.1
7.7
6.0
3.8
9.2
6.0
2.6
2.8
4.2
3.1
4.6
3.3
3.9
4.9
5.0
1.2
1.9
2.8
1.4
1.6
2.0
1.7
2.7
16
2.7
3.1
4.3
3.5
3.4
3.3
3.4
3.6
3.4
22.5
28.3
32.1
27.5
21.3
33.5
24.3
35.2
32.7
©Monthly data prior to 1963 are on p, 20 of the Feb. 1965 SURVEY.
§ Data include guaranteed direct loans sold; these became sizable after 1962.
tData revised beginning 1961; revisions prior to Mar. 1964 will be shown later.
fRevised series. Data revised beginning 1st qtr. 1963 to reflect net time costs (including
talent, production, and rights); figures for 1st qtr. 1963—1st qtr. 1964 will be shown later.
5.3
3.2
.9
3.6
25.0
SURVEY OF CUREENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
S-ll
1964
Monthly
average
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
July
Aug.
Sept.
Oct.
DOMESTIC TRADE—Continued
ADVERTISING—Continued
Newspaper advertising linage (52 cities) :
Total
mJl. lines
Classified
do
Display total
Automotive
Financial . _ _
General
Retail
.
—
do
do
do
do
do
238.0
62.5
247.
65.
248.2
64.9
265.0
67.6
276.4
63.7
262.
54.
223.8
65,2
214.5
62.5
256.3
71.3
271.8
72.7
286.0
79.9
266.0
75.7
238.7
74.1
261. 4
79.1
271.9
72.9
175. 6
12 5
23.8
134.3
182.
13.3
5.
24.4
139.4
183.4
15.6
4.4
24.9
138.5
197.4
12.6
5.2
30.:
149.5
212.8
13.1
4.7
30.1
164.8
207.
9.3
5.0
22.2
171.1
158.6
10.6
7.3
19.3
121.4
152.0
12.0
4.3
19.8
116.0
185.0
14.3
5.4
24.8
140.4
199 1
16.6
5.7
25.4
151.4
206.0
16.9
5.0
28. 5
155. 6
190.3
17.3
5.4
24.9
142.7
164.6
13.4
5.7
18.2
127.3
182.3
13.3
3.9
18.1
147.1
198.9
13.2
4.6
27.4
153.8
20, 536
21,802
21,313
22, 605
21,720
27, 719
20, 581
19,608
21, 915
23, 525
23, 820
23, 825
6,675
3,830
3,600
230
7,093
4,041
3,800
240
6,893
3,728
3,503
225
7,133
3,858
3,614
244
6,813
3,713
3,471
242
8,201
4,370
4,057
313
6,665
4,219
4,032
187
6,664
4,247
4,069
178
7,709
4,958
4,744
214
8,061
5,036
4,780
256
8,225
4,984
4,711
273
8,451
5,071
4,793
278
8,154
4,800
4,523
277
' 7, 539 ' 7, 131 18,414
' 4, 225 ' 3, 729 14,814
' 3, 970
3,490
-•255
239
4.9
RETAIL TRADE
All retail stores:
Estimated sales (unadj.), total
Durable goods stores 9 Automotive group
.
Passenger car, other auto dealers
Tire, battery, accessory dealers
mil. $
do
do
do
do
24,129 ' 22,989 ' 22,741 124,892
Furniture and appliance group
Furniture, homefurnishings stores
Household appliance, TV^ radio
do...
do
_do.—
968
622
346
1,091
705
386
1,088
696
392
1,182
776
406
1,169
752
417
1,488
890
598
953
631
322
903
598
305
1,000
665
335
1,000
671
329
1,045
700
345
1,110
746
364
1,136
765
371
' 1, 143 ' 1, 158
'760
732
'383
426
Lumber, building, hardware group
Lumber, bldg. materials dealersd*
Hardware stores
do
do...
do
964
743
221
970
738
232
1,045
814
231
1,118
871
247
995
743
252
992
643
349
743
553
190
697
528
169
829
636
193
999
759
240
1,118
854
264
1, 175
920
255
1,193
937
256
' 1, 151
'909
'242
Nondurable goods stores 9
do._
Apparel group
do
Men's and boys' wear stores
do
Women's apparel, accessory stores. _ do
Family and other apparel stores
do__.
Shoe stores. .
_-__
do
13, 861
1,205
232
466
300
207
14, 709
1,297
252
510
316
219
14, 420
1, 289
234
497
323
235
15, 472
1,376
269
547
345
215
14,907
1,355
273
539
333
210
19,518
2,324
523
924
571
306
13, 916
1,100
231
439
247
183
12,944
917
181
378
206
152
14, 206
1,072
193
448
241
190
15,464
1,411
257
555
323
276
15, 595
1,281
248
511
296
226
15,374
1,229
260
468
289
212
do...
do __
do
do..
do
681
1,506
4,929
4,463
1,614
715
1,617
5,183
4,689
1,691
701
1,671
5,099
4,612
1,701
724
1,688
5,528
5, 031
1,761
689
1,568
5,017
4,546
1,712
966
1,658
5,762
5,208
1,790
716
1,559
5,242
4,786
1,679
692
1,453
4,854
4,405
1,561
731
1,595
5,158
4, 684
1,698
736
1,699
5,381
4,886
1,769
749
1,818
5,441
4,926
1,847
744
1,852
5,422
4,902
1,899
764
2,001
5,983
5,427
1,967
'755
' 1, 969
' 5, 402
' 4, 874
' 1, 930
General merchandise group 9
-.do...
Department stores _._ _
.
do
Mail order houses (dept. store mdse.) .do
Variety stores
do
Liquor stores _ _ .
do
2,388
1, 390
177
3S5
472
2,643
1,553
195
431
497
2,550
1,519
189
400
475
2,801
1,668
209
430
510
3,021
1,761
262
473
518
5,048
2,977
341
901
770
2,094
1,254
135
311
455
1,998
1,159
147
333
433
2,391
1,418
192
371
448
2,779
1,649
194
456
482
2,744
1,646
189
442
506
2,682
1,618
179
427
493
2,608
1,551
168
431
538
' 2, 793 '2,869 i 3, 026
' 1, 669 ' 1, 741 11,833
207
218
442
'445
'493
501
21,661
23,317
22, 805
22,865
23,352
23,331
23,743
23,544
23,774
23, 959
7,922
4,720
4,474
246
'7,837
'4,639
'4,387
'252
' 7, 789
4,594
4,341
253
17,838
Drug and proprietary stores
Eating and drinking places
Food group
_
Grocery stores
...
Gasoline service stations
Estimated sales (seas, adj.), to tali
do
i 1, 239
1,129
879
250
15,975 ' 15,450 ' 15,610 1 16, 478
1,166 ' 1, 197 ' 1, 327 1 1, 395
'219
238
229
'456
502
452
'324
353
291
'198
234
194
'
'
'
'
'769
1, 861
5, 501
4, 983
1, 823
22, 254
21,383
22,781
22,900
Durable goods stores 9 . .
do
Automotive group
.do
Passenger car, other auto, dealers
do
Tire, battery, accessory dealers
__do_ _
7,541
4, 531
4,301
230
6,496
3,495
3,265
230
6,695
7,645
3,685 «4,588
3,428
4,344
257
244
7,855
4,709
4,470
239
7,966
4,855
4,608
247
7,669
4,592
4, 352
240
7, 550
4,455
4,204
251
7,703
4,538
4,279
259
7,760
4,584
4,341
243
Furniture and appliance group
do...
Furniture, homefurnishings stores do
Household appliance, TV, radio . do
1,067
679
388
1,088
703
385
1,098
701
397
1,113
702
411
1,103
748
355
1,081
715
366
1,094
720
374
1,086
706
380
1,085
720
365
1,107
742
365
1,135
765
370
' 1, 132
'742
'390
1,136
714
422
966
729
237
983
741
242
982
721
261
1,004
742
262
1,050
805
245
991
756
235
970
746
224
1,030
791
239
1,042
808
234
1,049
804
245
' 1, 025
778
'247
1,024
771
253
14,713
],285
261
504
314
206
14, 887
1,301
259
512
320
210
14,966
1,310
261
517
303
229
15,136
1,300
257
518
299
226
15, 045
1,327
258
531
315
223
15,351
1,335
265
531
320
219
15, 136
1,261
253
513
285
210
15, 315
1,253
254
499
295
205
15,649
1, 326
263
519
320
224
15, 571
1,305
254
517
318
216
15, 821
1,347
260
527
347
213
15,707
' 1, 336
'267
'511
'350
'208
15,985
1,347
266
511
353
217
do
do
do
do
do.
734
1,600
5,250
4,755
1,695
739
1,637
5,229
4,736
1,722
724
1,609
5,258
4,774
1,738
731
1,653
5,409
4,913
1,755
734
1,704
5,192
4,714
1,749
745
1,720
5,338
4,841
1,798
748
1,699
5,301
4,809
1,774
760
1,741
5,400
4,910
1,798
749
1,767
5,405
4,904
1,818
758
1,749
5,489
4,978
1,829
776
1,814
5,546
5,015
1,835
'779
' 1, 775
' 5, 517
'4,996
'1,826
807
1, 805
5,626
5,100
1,834
General merchandise group 9 ...
do
Department stores
do
Mail order houses (dept. store mdse.) .do
Variety stores
do.
Liquor stores..
do
2,591
1,516
192
427
499
2,664
1,568
198
429
503
2,738
1,580
191
466
509
2,762
1,600
196
442
508
2,832
1,715
193
439
499
2,848
1,712
196
456
515
2,801
1,666
208
454
504
2,781
1,676
197
432
512
2,913
1, 753
210
472
525
2,795
1,666
205
462
521
2,912
1,757
216
467
522
' 2, 889
' 1, 740
207
'468
'509
2,946
1,768
220
476
530
30, 181
12, 996
5,517
2,111
2,514
30, 799
12, 823
5,220
2,157
2,521
31,071
12, 405
4,767
2,199
2,510
31, 860
12, 816
5,070
2.238
2,531
30,181
2,996
5,517
2,111
2,514
30,486
3,542
5,993
2,110
2,553
31, 298
14, 037
6,372
2, 151
2,577
32, 913
14 827
6,904
2,224
2,684
33, 384
15 125
7, 073
2.290
2,667
33, 277
15 240
7,258
2,264
2,667
33, 087
15 138
7,228
2,259
2,646
32, 935
15, 055
7,221
2,216
2,602
32,743
14,456
6,543
2,271
2,574
32, 527
13, 768
5,880
2,300
2,583
17, 185
3,488
3,762
5,262
2,829
7,976
3,890
3,703
5,742
3,059
8,666
3,999
3,800
6, 152
3,342
9,044
4,040
3, 816
6,338
3,466
7,185
3,488
3, 762
5,262
2,829
6, 944
3,371
3,716
5,218
2,743
17, 261
3,517
3,714
5,416
2,849
18, 086
3,831
3, 759
5,749
3,050
18, 259
3,840
3,801
5,798
3,088
18, 037
3,769
3,743
5,724
3,047
17,949
3,690
3,743
5, 709
3,011
17,880
3,697
3,703
5,737
3,030
18,287
3,994
3,676
5,900
3,135
18, 759
4,208
3,661
6,175
3,291
Book value (seas, adj.), total
do
9,383 31, 130
1,263
0,486
0,559
Durable goods stores9
_
do... I 2, 509 3,282 3,738 2,894 2,874
Automotive group
do_._. 5,435 5,584 6,214 5,411 5.434
Furniture and appliance group
do
2,013
2,154
2,127
2,123
2,131
Lumber, building, hardware group. -do..., 2,402 2,605 2, 529 ' 2,546 2.570
' Revised.
i Advance estimate.
9 Includes data not shown s<}paratel> .
d"Comprises lumber yards, building materials dealers, and ]Daint, pliimbing, and elect rical stoi es.
{Revised (back to Jan. 1953) to reflect use of new seasona factors Jind new adjustm mts
for trading day differences.
Revisions for periods not sho wn here appear in the Jruly
1963 Census report, "Monthly Retail Trade Report Adjuste d Sales, Supplentent."
1,130
3,282
5,584
2,154
2,605
1,478
3,635
5,818
2, 189
2,637 '
1,635
3,799
5.905
2,222
2,632
32, 260
4,220
6,265
2,240
2,626
32, 546
14, 440
6,442
2, 270
2,592
32, 823
14, 707
6,739
2,259
2,589
33, 014
14, 692
6,825
2,268
2,579
33, 088
14, 744
6,903
2,234
2,579
33,360
14, 965
7,135
2,276
2,561
1811
1 1, 958
i 5, 867
i 5, 352
11,865
33, 045
14, 761
6,959
2,268
2,588
Lumber, building, hardware group 1 _. do
Lumber, bldg. materials dealerscf
do..
Hardware stores
do
Nondurable goods stores 9
do
Apparel group
do.
Men's and boys' wear stores . . . do
...
Women's apparel, accessory stores ...do
Family and other apparel stores
do
Shoe stores
_._.
do...
Drug and proprietary stores
Eating and drinking places..
Food group.
Grocery stores
Gasoline service stations
Estimated inventories, end of year or month :f
Book value (unadjusted), total
mil. $ 28, 500
Durable goods stores 9
—
do..
12, 255
Automotive group
do
5, 353
Furniture and appliance group
dol I.I 1,975
Lumber, building, hardware group-.do
2,316
Nondurable goods stores9
Apparel group
Food group
,
General merchandise group
Department stores*
do. . 16, 245
do.... 3,380
do
3,554
do
4,767
do
2,512
968
738"
230
16, 121
fRev ised series. Revi se'd to talie accouiit of ben chmark clata froiri the 1982 , 1983, arid 1964
Annual Surveys> of Retgtil Trade ; revisio as throu gh 1962 appear o n pp. 16--19 of th B Dec.
1963 Su EVEY an d those f sr Jan. 1 ^83-May 1984 on p. 28 of t he Sept. 1964 SUE VEY and p. 3 of
the Au g. 1965 i3UEVEY.
*New series; f 3r earlier periods back to ]Dec. 1956 see p. 32 of the £ipr. 1954 and p. 3 of the
Aug. 1965 SUE FEY.
oUEVEY OF CUEEENT BUSINESS
S-12
1963 |
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
Monthly
average
November 1965
1964
Sept.
Oct.
1965
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
18
3
3
5
3
040
801
740
794
062
18 106
3 810
3 749
5 784
3 079
18 116
3 823
3 724
5 782
3 072
18 322
3,872
3,732
5 906
3 156
o;ct.
r
18 344 !8 395 18, 284
3,966
3 962
3 904
3,676
3 744 r 3 755
5,879
5 920 T 5, 918
3,122
3, 167
3 186
Aug.
Sept.
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories, end of yr. or mo. §— Con.
Book value (seas, adj.)— Continued
Nondurable goods stores 9
mil $
Apparel group
do
Food group
-_
do
General merchandise group
do
Department stores*
do
Firms with 4 or more stores:
Estimated sales (unadjusted), total
do
Firms with 11 or more stores :
Estimated sales (unadj ) total 9
do
16, 874
3,539
3,568
5, 186
2, 730
17, 848
3,672
3,796
5,684
3,039
17, 525
3,666
3,718
5,463
2,900
17 592
3, 652
3,722
5 517
2,944
17 685
3 666
3,727
5 597
2 998
17 848
3 672
3 796
5 684
3 039
17 843
3 656
3 788
5 718
3 034
17 836
3 667
3 748
5 737
3 057
5, 813
6,301
6,186
6,766
6 566
9 280
5 735
5 391
6 099
6,794
6,694
6,614
6,843
4 857
5, 266
5,133
5 637
5 451
7 734
4 699
4 368
4 972
5 594
5, 507
5 446
316
30
134
88
144
104
42
345
32
146
95
158
120
46
341
28
140
103
154
129
45
361
36
153
90
160
127
53
367
37
161
91
155
120
54
626
67
272
147
252
123
56
263
28
106
74
149
115
36
225
22
93
65
145
111
37
290
25
124
81
162
126
46
406
36
162
124
167
132
44
349
34
147
97
169
140
48
338
33
138
96
171
144
50
1 585
1,781
1,113
1,717
1,079
1,877
1,182
2 004
1 247
3 358
2 089
1 375
'887
1 286
1 580
1 868
1, 175
1,863
1,184
1 833
1,165
2 332
2 125
1 952
56
142
48
80
46
74
Apparel group 9
--- do
Men's and boys' wear stores
do
Women's apparel accessory stores
do
Shoe stores
do
Drug and proprietary stores
do
Eating and drinking places
do
Furniture homefurnishings stores
do
General merchandise group 9
Dept. stores, excl mail order sales
Variety stores
Grocery stores
Lumber yards, bldg materials dealers d*
Tire, battery, accessory dealers
Estimated sales (seas, adj.), tota!9t
do
do
do
do
do
do
985
295
1 974
63
91
327
2 075
66
100
305
1,999
77
93
330
2,293
75
104
350
1 981
68
102
675
229
793
246
994
280
345
336
2, 163
2 081
2 222
56
89
67
108
84
115
328
r
6, 637
6,837
5 641
5 450
5,631
304
28
130
81
177
147
47
328
26
138
88
171
148
49
366
30
152
105
175
145
50
1 790
1 128
1 930
1,210
1,975
1,251
342
340
328
2 111
2 374
2 036
2,138
90
118
90
117
92
110
87
104
do
5,296
5,309
5,382
5 440
5 367
5 439
5 397
5,470
5,619
5,563
5,654
5,694
5,782
Apparel group 9
;- ---Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores _
_
Drug and proprietary stores
Eating and drinking places
Furniture homefurnishings stores
do
do
do
do
do
do
do
337
33
142
92
165
125
47
341
33
144
90
167
123
46
349
32
149
100
160
122
47
353
32
148
100
163
122
45
355
33
151
94
159
124
49
347
34
145
92
163
127
46
333
30
143
89
169
128
46
346
36
144
93
177
134
46
352
35
146
96
174
137
47
351
33
145
96
175
138
51
358
34
150
94
183
137
49
362
34
148
97
181
139
48
369
36
155
97
185
142
51
General merchandise group 9
Dept. stores, excl. mail order sales
Variety stores
Grocery stores
Lumber yards, bldg. materials dealerscf
Tire, battery, accessory dealers
do
do
do
do
do
do
1,755
1, 093
1,783
1,113
1 830
1,147
1 819
1 145
1 897
1 223
1 980
1,251
1,990
1,263
2,020
1,265
2 194
2,220
All retail stores, accounts receivable, end of mo.:
Total (unadjusted)
-mil $
Durable goods stores
do
Nondurable goods stores
do
Charge accounts
.
_
do
Installment accounts
do
Total (seasonally adjusted)©
Durable goods stores
Nondurable goods stores
Charge accounts
Installment accounts
do
do
do
do
do
327
2,105
68
97
115,599 116 929
6,626
6 885
8 973 10 044
7,826
8 025
7,773
8 904
1
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
percent
Installment accounts.
_._
do
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
do
Installment sales
do
14 577 t 15 793
6 456
6 696
8 121
9 102
7 374
7* 555
7 203
8 243
325
2, IIS
63
100
344
2 110
66
106
330
2 174
66
103
336
2 045
70
105
1 870
1 180
1 867
1 164
1 842
1, 163
1 968
1, 238
1 883
1,171
2 133
' 65
2 117
2 164
2 176
2 190
106
65
102
78
109
77
103
344
343
325
66
107
359
351
351
2 180
77
104
357
363
78
111
75
111
15,689
6,833
8, 856
7, 555
8,134
15,729
6,799
8 930
7,584
8,145
15 813
6 646
9 167
7,611
8 202
16 929
6 885
10 044
8,025
8 904
16 401
6 627
9 774
7 703
8 698
15 848
6 ? 474
9 374
7 466
8 382
15 747
6 430
9 317
7,435
8 312
16 048
6 520
9 528
7,723
8 325
16 509
6 732
9 777
7,996
8 513
16 708
7 028
9 680
8, Oil
8 697
16 660 'r16, 521
?' 090 r 6, 995
9 570 r 9 526
7^862
7, 716
8 798 r 8, 805
16, 743
7,050
9 693
7,828
8,915
15, 854
6,678
9,176
7,593
8,261
15
6
9
7
8
15
6
9
7
8
731
528
203
462
269
15 798
6 696
9 102
7 555
8 243
16
6
9
7
8
038
823
215
776
262
16 381
6 907
9 474
7' 874
8 507
16 249
6 784
9 465
7 794
8 455
16 272
6 734
9 538
7 782
8 490
16 469
6, 745
9 724
7 850
8 619
16
6
9
7
8
16 765 rr16, 590
6, 768
6 905
9 860 r 9, 822
7 872 r 7, 693
8 893 r 8, 897
16, 881
6,854
10, 027
7,878
9,003
767
607
160
464
303
681
918
763
968
713
49
17
49
17
49
17
50
18
50
18
50
18
49
17
48
17
50
18
47
17
48
17
51
18
50
17
49
18
50
18
43
39
18
43
39
18
43
39
18
42
40
18
43
39
18
46
38
16
43
36
21
43
38
19
43
39
18
43
39
18
43
39
18
44
37
19
44
37
19
44
38
18
42
39
19
193. 85
194. 03
194. 20
194. 39
194. 58
194. 80
195.02
195. 24
EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas©. _
mil
2
189. 42 2 192. 12
EMPLOYMENT
Noninstitutional population, est. number 14 years
of age and over, total, unadj
...mil- 132. 12
192. 60
192. 85
193. 08
193. 29
193. 50
193. 68
131 14
134. 59
134. 77
134. 95
135. 14
135. 30
135.47
135. 65
135. 81
135. 98
136. 16
136. 25
136. 47
136. 67
136. 86
75, 712
72, 975
68, 809
4, 946
63, 863
76,971
74, 233
70, 357
4, 761
65, 596
76,865
74, 122
70,805
5,230
65, 575
77, 112
74, 375
71, 123
5,126
65, 997
76, 897
74, 166
70, 793
4,545
66, 248
76, 567
73, 841
70, 375
3,785
66, 590
75,699
72, 992
68, 996
3,739
65, 257
76, 418
73, 714
69, 496
3,803
65, 694
76, 612
73,909
70, 169
3,989
66, 180
77, 307
74, 621
71, 070
4,473
66, 597
78,425
75, 741
72,407
5,128
67, 278
80, 683
78, 003
73, 716
5, 622
68, 094
81, 150
78, 457
74, 854
5,626
69, 228
80,163
77, 470
74, 212
5,136
69, 077
78,044
75, 321
72, 446
4,778
67,668
78, 713
75, 953
73, 196
4,954
68,242
Unemployed (all civilian workers) _ _ . do
4,166
Long-term (15 weeks and over)
do
1,088
Percent of civilian labor force
5.7
Not in labor force
_
___
thous_. 56, 412
3, 876
973
5.2
57, 172
3,317
764
15
57, 721
3,252
780
14
57, 661
3,373
759
15
58, 055
3,466
802
17
58, 568
3,996
845
5.5
59, 603
4,218
1,050
5.7
59, 051
3,740
1, 019
5.1
59, 039
3,552
1,050
18
58,504
3, 335
804
14
57, 556
4,287
762
5.5
55, 477
3,602
587
16
55, 102
3, 258
612
12
56,310
2,875
609
3.8
58, 626
2,757
588
3.6
58, 149
74, 280
70,465
4,815
65, 650
3,815
....
....
924
74 259
70^79
4,721
65, 658
3,880
933
74, 409
70^ 755
4,671
66, 084
3,654
932
74 706 74 Q14
7l! 004 7M84
4,541
4,513
66, 463 66, 771
3,702
3,630
889
823
75 Q51
71,' 304
4, 595
66, 709
3,747
905
74 Q44
7l' 440
4,550
66, 890
3,504
800
75 377
7l[ 717
4,843
66, 874
3,660
809
75 443
7l) 937
4,958
66, 979
3, 506
696
75 676
72^ 118
4,659
67, 459
3,558
806
76 181
72] 766
4,674
68, 092
3,415
659
75 772
72,' 397
4,576
67,821
3,375
705
75 433
72^ 182
4,405
67, 777
3,301
736
75, 778
72, 486
4, 551
67, 935
3,292
703
5.1
19
5 2
4 9
K f)
4 7
4l 3
4. n
VI
4.5
4 6
4 7
4. C
O
12
4 4
4.3
Total labor force, incl. armed forces. ._
thous
Civilian labor force, total
do
Employed, total.
do
Agricultural employment
do
Nonagricultural employment
___Ido"~~
Civilian labor force, seasonally adj J ' .
do
Employed, totaL. _ _ _ _ . „ . _
do
Agricultural em plovment___
do
Nonagricultural employment
do
Unemployed (all civilian workers)
do
Long-term (15 weeks and over>._._ do
Rates (percent of those in group) :
All civilian workers
Experienced wage and salary workers.....
5.5
5,6
17
2
'oT^Tim?^ dat?^ 0°iLyear'
A S of JuS l'
§ 'See. note marked "f" on p. S-ll.
^PnTrmriQM iSiSvlr \S J?%^- Y>
^ New series; see corresponding note on p. S-ll.
trical SowE fSe^iote marted "r Sf p™^!!
^ISonaU ^^ plumbmg' and elec>
1959 are available from Bureau of the Census (Wash D C 202^
K
f\
0. u
15
0
4. o
4.5
O. U
16
12
17
A
K
t. O
4.2
10
4'.0
©Revisions for May 1960-Dec. 1963 are available upon request.
^Revised monthly data (back to Jan. 1957) appear in the "Monthly Report on the
Labor Force
'" Jan' 1965> U'S' DePt- of Labor' Wasll-» D'C" 20m
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown In the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-13
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.p
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):!
Total, unadjusted!-.
_
thous.. 56,643
58, 188
59, 258
59, 164
59,441
59,938
58,271
58, 398
58, 847
59, 545
60, 058
60,884
60,749 '61,046 '61,613
61, 833
17, 005
do
9,625
..-do
do — 7,380
17,303
9,848
7,455
17, 792
10, 105
7,687
17, 428
9,806
7,622
17, 638
10,071
7, 567
17, 601
10,093
7,508
17, 456
10,045
7,411
17, 538
10, 101
7,437
17,643
10, 162
7,481
17,732
10,272
7,460
17, 826
10, 339
7,487
18, 109
10, 503
7,606
18,105 '18,303 '18,521
10,487 10,477 '10,686
7,618 ' 7, 826 '7,835
18, 483
10,699
7,784
Mining, tota!9 -.
do
Metal mining
do-- Coal mining
do
Crude petroleum and natural gas. _ — -do
635
80
148
289
635
82
144
289
645
80
144
292
644
84
145
288
643
85
145
289
635
84
146
287
619
84
144
282
616
84
143
280
615
84
140
279
623
85
141
278
632
85
139
282
642
87
139
288
645
87
136
291
'631
86
133
282
632
Contract construction
_
do
Transportation and public utilities 9
do
Railroad transportation
—do —
Local and interurban passenger transit— do
2,983
3,914
772
272
3,106
3,976
758
275
3,391
4,045
761
277
3,376
4,028
755
280
3,273
4,013
747
280
3,053
4,024
748
282
2,837
3,880
728
283
2,756
3,933
726
281
2,865
3,985
730
280
3,020
4,004
736
280
3,245
4,041
741
280
3,429
4,109
748
272
3,502
4, 123
750
255
' 3, 606 ' 3, 524
4,137 ' 4, 151
742
'751
279
259
3,486
4,138
912
201
685
610
949
212
702
612
991
217
712
617
984
217
708
610
980
218
710
608
975
220
710
609
939
220
711
607
936
220
713
607
950
222
718
607
957
224
723
610
977
226
727
611
1,018
229
735
625
1,030
233
750
628
'1,030
234
751
634
11, 803
3,119
8,685
2,873
8,230
9,199
12, 188
3,220
8,969
2,944
8,533
9,502
12, 243
3,258
8,985
2,972
8,661
9,509
12, 341
3,269
9,072
2,961
8,676
9,710
12, 518
3,272
9,246
2,958
8,608
9,790
13, 166
3,298
9,868
2,957
8,585
9,917
12, 275
3,254
9,021
2,949
8,515
9,740
12,209
3,252
8,957
2,960
8,564
9,822
12,262
3, 260
9,002
2,973
8,623
9,881
12, 517
3,272
9,245
2,985
8,754
9,910
12, 528
3,286
9,242
3,002
8,859
9,925
12,665
3,335
9,330
3,034
8,964
9,932
12, 658 '12,675 '12,746
3,375 ' 3, 400 ' 3, 396
9,283 ' 9, 275 ' 9, 350
3,072 ' 3, 040
3,069
9,028 '9,008 ' 8, 998
9,619 '9,601 10, 002
12, 857
3,406
9,451
3,028
9, 018
10, 191
156,643 '58,188
Total, seasonally adjusted!
__
do
17,005 17, 303
Manufacturing establishments
-do
Durable goods industries
do
9,625 9,848
258
274
Ordnance and accessories...
do
596
587
Lumber and wood products..
—do
402
389
Furniture and
fixtures.
_
do
616
602
Stone, clay, and glass products..
de-1,226
1,172
Primary metal industries.—.do
58, 458
17, 449
9,986
248
593
405
620
1, 258
58, 382
17, 171
9,702
247
591
407
616
1, 253
58,878
17, 505
9,992
245
595
409
618
1,269
59, 206
17,622
10,088
242
598
413
620
1, 271
59, 334
17, 705
10, 150
243
597
415
623
1, 277
59, 676
17, 772
10, 210
242
604
418
623
1,278
59,992
17,849
10, 259
242
608
422
628
1,278
59,913
17,896
10, 311
241
599
423
624
1,280
60, 110
17,915
10, 320
245
595
423
621
1,272
60,382
18, 045
10, 426
247
594
424
622
1,304
60, 602 '60,685 '60,796
18, 156 '18,158 '18,177
10, 524 '10,539 '10,564
'252
'257
249
'593
598
599
'421
'424
425
628
'631
629
' 1, 312 ' 1, 302
1,326
61, 019
18,215
10, 585
262
594
424
629
1,273
Manufacturing establishments
Durable goods industries „
Nondurable goods industries
Motor freight trans, and storage
_do
Air transportation
do
Telephone communication-— ———-do
Electric, gas, and sanitary services
-do
Wholesale and retail trade _
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services and miscellaneous.
Government
do
do
do
— do
do
do
644
88
137
288
1,043
236
740
625
Fabricated metal products
do
Machinery
do
Electrical equipment and supplies ___do—
1,153
1,531
1,557
1, 197
1, 612
1, 549
1,223
1,643
1,558
1,179
1,644
1,560
1,213
1,643
1, 572
1,232
1,665
1,588
1, 242
1,672
1,597
1,260
1,674
1,610
1,237
1,687
1,626
1,265
1,691
1,640
1,266
1,699
1,651
1,276
1,716
1,667
1,286
1,739
1,681
' 1, 283 ' 1, 286
' 1, 739 ' 1, 751
' 1, 681 ' 1, 695
1,292
1,765
1,710
Transportation equipment
-do
Instruments and related products— do—
Miscellaneous manufacturing ind_ _ __ do
1, 609
365
387
1, 623
369
400
1,667
369
402
1,429
368
408
1,646
371
411
1,671
374
414
1,696
374
414
1,706
378
417
1,733
378
420
1,748
379
421
1,752
378
418
1,770
385
421
1,777
391
422
'1,805 ' 1, 803
'389
'391
431
'431
1,809
392
435
Nondurable goods industries . .. do
Food and kindred products..
—do
Tobacco manufactures
—do
Textile mill products
do
Apparel and related products
do—
Paper and allied products
do
Printing, publishing, and allied ind__ do—
Chemicals and allied products. -—do—
Petroleum refining and related ind— do— _
Rubber and misc. plastic products.— do
Leather and leather products _ _ _ _ _ _ _ _do
7,380
1,744
88
889
1,284
620
931
865
190
418
351
7,455
1, 730
88
897
1,310
630
952
877
187
430
354
7,463
1,716
82
899
1,317
632
956
881
185
439
356
7, 469
1, 717
90
899
1,319
634
955
878
187
433
357
7,513
1,737
92
904
U329
635
956
882
185
436
357
7,534
1,743
88
909
1,333
634
962
885
185
438
357
7,555
1, 741
86
914
1, 344
635
964
887
184
442
358
7,562
1,734
84
917
1,340
637
967
890
184
450
359
7,590
1,735
85
921
1,347
639
971
894
184
453
361
7,585
1,712
85
924
1,357
641
973
893
183
458
359
7,595
1,720
85
922
1,361
641
973
895
181
456
361
7,619
1,708
85
923
1,382
643
978
901
183
457
359
7, 632. 7,619 ' 7, 613
1,716 ' 1, 714 ' 1, 698
78
'76
86
926
929
927
1,356 ' 1, 357 ' 1, 370
'646
647
650
983
'981
985
'911
908
'910
185
184
184
'462
460
'458
358
360
359
7,630
1,699
77
931
1,379
650
980
909
185
460
360
635
Mining
_
do
634
638
639
635
Contract construction
do
3,080
3,162
2,983 3,106
3,106
Transportation and public utilities
do.— 3,914 3,976 4,005 3,996 3,997
Wholesale and retail trade
do __ 11, 803 12, 188 12, 229 12, 278 12,311
Finance, Insurance, and real estate- _ _ _ _do
2,960 2,964 2,970
2,873 2,944
Services and miscellaneous
— — -do
8,230 8,533 8, 592 8, 633 8,634
9,502
Government -do
9, 509
9,199
9,596 9, 660
Production workers on mfg. payrolls, unadjusted:!
Total, unadjusted!
_„_
thous— 12, 558 12, 808 13, 280 12, 915 13,125
Seasonally adjusted __ „_
do_ __
12, 956 12, 661 12,993
Durable goods Industries, unadjusted. _do_— _ 7,030 7,238
7^490
7, 190
7, 454
Seasonally adjusted
—do
7, 377
7,089 7,376
Ordnance and accessories
do
116
107
104
103
103
Lumber and wood products
do
533
525
555
543
534
Furniture and fixtures _ _ _.
.do
334
323
344
347
346
Stone, clay, and glass products
do
496
484
519
511
506
Primary metal industries_„ do
998
947
1, 027
1,013
1,026
Blast furnaces, steel and rolling mills do
456
424
476
470
473
Fabricated metal products
do
920
884
961
918
946
Machinery
do
1,121
1, 059
1,142
1, 132
1,130
Electrical equipment and supplies. __do
1, 040
1, 037
1,068
1,075
1,086
Transportation equipment 9
do
1,133
1, 113
1,186
964
1,192
Motor vehicles and equipment
do
593
577
642
427
643
Aircraft and parts
_do— __
338
348
336
334
335
234
Instruments and related products. — do. —
232
237
234
238
Miscellaneous mfg. Industries
_do__ __
311
320
345
351
347
Nondurable goods industries, unadj
do
5,570
5, 528
5,790 5,725 5,671
Seasonally adjusted.
„_
„ do
5,579
5,572 5,617
Food and kindred products. ____..„ ..do— _ 1,161 1,144
1,272
1, 224
1, 168
Tobacco manufactures.
.do
76
76
91
95
85
Textile mill products..
.do
802
796
811
811
813
Apparel and related products
do
1,164
1,139
1,196
1,189
1,195
Paper and allied products
„ -de-493
488
501
499
499
Printing, publishing, and allied ind— do—
591
603
610
610
612
Chemicals and allied products
—do
525
532
529
525
527
Petroleum refining and related ind— do—
120
116
118
116
113
Petroleum refining.
do... .
96
92
91
91
89
Rubber and misc. plastic products... do— —
322
332
345
342
343
Leather and leather products
do—
309
311
315
313
317
' Revised. v Preliminary.
» Total and components a re based on una ljusted data,
!Beginning with the Dec. 1964 SURVEY, data for (3rnploym ent, hours, earniiigs, and labor
turnover reflect adjustments to Mar. 1963 benchma rks. Th e revision affects data ba ck to
Apr. 1962 for most series, back to Apr. 1957 for total and Government employinent, an d, for
637
3,244
4,020
12,362
2, 975
8,654
9, 692
633
3,235
3,939
12, 447
2,979
8,689
9,707
635
3, 281
3,997
12, 532
2,987
8,730
9,742
633
3,304
4,042
12, 622
2,997
8,754
9,791
629
3,186
4, 044
12, 563
2,997
8, 763
9,835
629
3,207
4,057
12, 636
3,005
8,797
9,864
630
3,220
4,068
12, 673
3,013
8, 814
9,919
626
631
'620
638
3,178 ' 3, 214 ' 3, 201 3,207
4,092 ' 4, 110 4,105
4,074
12, 710 '12,706 '12,731 12, 792
3,024 ' 3, 028 3,031
3,018
8,886 ' 8, 901 ' 8, 927 8,973
9,942 ' 9, 959 '10,002 10,070
13,082 12, 941 13, Oil 13, 108 13, 176 13, 254 13, 486 13, 440 '13,622 '13,858 13, 813
13, 099 13, 168 13, 227 13,298 13,318 13, 321 13, 428 13, 518 '13,521 '13,530 13, 545
7,523 7,619
7,674
7,808 7,763 ' 7, 741 ' 7, 956 7,961
7,421 7,467
7,471
7,615
7,649
7,644
7, 731 7,814 '7,825 ' 7, 837 7,845
7,518
7,467
7,570
115
99
'106
'111
100
102
103
100
101
102
101
542
'563
'553
518
559
511
557
533
502
521
507
361
'356
349
349
360
351
346
346
341
344
342
521
'529
498
'528
523
506
517
484
473
489
474
1, 026
1,074 ' 1, 071 ' 1, 064
1,061
1,061
1,080
1,053
1,035
1,032
1,045
494
'500
480
502
503
490
487
478
477
483
1,020
972
'994 ' 1, 014
988
982
999
941
950
954
958
1, 197
1, 212 ' 1, 203 '1,223 ' 1, 227
1,213
1,191
1,199
1,164
1,159
1,173
1,199
1,108
1,134 ' 1, 148 ' 1, 180
1,100
1,115
1,137
1,088
1,092
1,092
1, 322
1,248
1,241 ' 1, 165 ' 1, 299
1,261
1,268
1,223
1,237
1,215
1,222
724
686
682
'588
708
694
700
672
683
666
675
369
339
356
'365
351
343
341
336
336
336
330
240
254
• 250
'254
248
238
246
240
237
238
238
329
374
'369
332
358
332
339
322
306
325
315
5,677 ' 5, 881 ' 5, 902 5, 852
5,580
5,678
5,585
5,520
5,557
5,544
5,611
5, 696 ' 5, 693 5,700
5,677
5,697 5,704
5,650
5,683 5,669
5,632
5,657
1,209
1,072
1,113
1, 166 ' 1, 251 ' .1, 254
1,052
1,081
1, 059
1,131
1,057
'83
81
'76
62
62
62
74
65
63
80
70
838
821
837
822
835
831
822
818
805
809
811
1,174
1,236 ' 1, 243 1,243
1,192
1,217
1,170
1,215
1,191
1,181
1,200
513
496
505
'510
'513
506
496
490
494
496
490
628
'623
'626
619
618
615
614
615
607
615
611
542
'551
548
548
545
544
546
540
529
532
528
115
116
112
117
115
117
112
110
112
111
110
89
90
90
90
88
90
89
88
89
89
88
366
'362
'359
350
352
355
351
342
350
342
347
316
'319
314
324
312
317
308
313
318
317
317
season ally adju sted date , all series beginni ng Jan. 1953 with only mixlor revisions prior to that
time, Revisio]is not sh own are available in BLS Bulletin 1312-2, Employinent an<i Earnings S ;atistics : or the United Stoites, 1909-64, $3.5(), GPO, Wash., ID.C., 204 02.
9 In eludes dsita for in dustries ilot shown separaltely.
SURVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
| 1964
Monthly
average
November 1965
1964
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.p
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT-Continued
c
Miscellaneous employment data:
Federal civilian employees (executive branch.) :
United States
~
tbous—
Wash., D.C., metropolitan area
do
2,328
239
2,317
244
2,290
243
2,299
244
2,322
245
12,452
1247
2,293
245
2,289
245
2,295
246
2,306
246
2,308
246
2,342
255
2,375
258
2,376
256
Railroad employees (class I railroads) : e
Total
—do
Index, seasonally adjusted
1957-59=100—
714
277,4
683
275.8
684
76.3
678
76.4
671
77.0
669
77.0
644
71.3
642
71.7
644
72.4
649
73.0
656
'72.7
*663
73.1
"653
v 665
124.6
117.9
90.9
134.7
124.7
93.5
147.8
130.9
95.6
155.6
125.4
98.6
142.6
129.4
97.9
133.3
132.1
96.0
120.2
129.3
93.1
115.6
130.2
91.5
123.5
132.5
91.9
129.8
131.7
93.9
149.0
134.7
98.6
157.2
137.7
100.2
163.0
136.0
100.1
40.5
40.7
2.8
41.1
3.1
41.4
40.7
40.5
3.3
41.3
41.2
3.4
40.9
40.9
3.3
41.6
41.6
3.5
41.4
41.2
3.6
42.3
42.0
4.0
40.9
41.4
3.3
41.7
42.2
3.6
40.9
41.3
3.3
41.7
42.0
3.7
41.2
41.4
3.5
42.1
42.3
3.8
40.7
40.9
3.1
41.6
41.7
3.4
41.2
41.1
3.5
42.1
41.9
3.9
41.3
41.0
3.6
42.2
41.9
4.0
41.0
40.9
3.4
41.6
41.6
3.7
41.0
40.9
3.5
41.6
41.6
'3.8
'41.0
'40.8
'3.8
'41.7
'41.6
'4.0
41.2
41.0
3.9
42.0
41.9
4.2
2,341
251
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers)!. 1957-59 =100—
Manufacturing (production workers)!
do
Mining (production workers)!
do
' 171. 7
161.6
' 137. 1 ' 141. 5
' 102. 0
98.5
141.9
HOURS AND EARNINGS !
Average weekly gross hours per production worker
on payrolls of nonagric. estab., unadjusted:!
All manufacturing estab., unadj.!_
hours..
Seasonally adjusted
do
Average overtime
_
do
Durable goods industries...
_
do
Seasonally adjusted
do
2.9
3.3
40.7
40.5
3.5
41.5
41.4
3.7
Ordnance and accessories
do
Lumber and wood products
do
Furniture and
fixtures.
_
do
Stone, clay, and glass products
do
Primary metal industries
_
do
Blast furnaces, steel and rolling mills, do—
41.0
40. 1
40.9
41.3
41.0
40.0
40.4
40.0
41.1
41.5
41.8
41.1
40.0
40.0
41.3
41.6
42.7
43.0
40.6
40.3
42.0
42.1
41.5
41.1
40.6
39.5
41.8
41.6
41.8
41.1
41.2
39.6
42.5
41.3
42.4
41.5
41.2
39.8
40.9
40.7
42.3
41.7
41.0
39.5
41.4
40.7
42.3
41.3
41.3
40.0
41.4
41.0
42.5
41.6
41.0
40.2
40.7
41.1
44.0
45.7
41.6
41.1
41.0
42.3
42.3
41.3
41.7
40.6
41.4
42.2
42.6
41.8
42.0
40.5
40.9
42.2
42.3
42.0
41.4
41.2
42.0
42.3
41.8
'41.0
'41.7
'40.9
'41.7
'42.0
'41.8
40.0
42.5
40.8
42.1
42.1
41.0
Fabricated metal products
.
Machinery
Electrical equipment and supplies
..do
..do
do
41.4
41.8
40.3
41.7
42.4
40.6
41.8
41.9
40.6
41.6
41.8
40.9
42.0
42.5
41.0
42.5
43.3
41.6
41.7
42.9
40.9
41.9
43.0
41.0
42.3
43.4
41.1
41.4
42.4
40.2
42.3
43.3
41.0
42.4
43.3
41.1
41.7
42.8
40.3
'42.1
42.5
40.7
'41.9
'42.7
'40.8
42.2
43.0
41.1
Transportation equipment 9
Motor vehicles and equipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg. industries
—do
do
do
do
do
42.1
42.8
41.5
40.8
39.6
42.0
43.0
41.1
40.8
39.6
42.3
43.9
40.9
41.1
39.3
40.9
41.1
41.1
41.1
40.1
42.3
43.1
41.3
41.4
40.0
44.0
46.3
41.5
41.6
40.3
43.1
45.1
41.3
41.1
39.5
42.7
44.4
41.0
41.2
39.8
43.2
45.1
41.3
41.3
40.0
42.2
43.6
40.7
40.3
39.2
43.1
44.6
41.5
41.6
39.7
43.0
44.5
41.7
41.7
39.8
42.0
42.9
41.6
41.2
39.3
'41.3
'41.6
'41.5
'41.4
40.1
'41.9
42.3
'41.9
'41.7
'40.1
43.4
44.5
42.3
41.7
40.7
dodo
do
.do
do do
—do
do
39.6
39.7
2.7
40.9
38.6
40.6
36.1
42.7
2.9
40.9
38.8
41.0
35.9
42.8
39.6
39.4
3.2
41.4
39.3
39.9
35.0
43.1
40.0
39.9
3.1
41.3
40.8
41.6
36.1
43.2
39.9
40.0
3.0
41.1
38.3
41.9
36.3
42.4
40.2
40.0
3.1
41,4
40.6
42.1
36.2
43.2
39.7
40.1
2.8
40.8
37.5
41.5
36.0
42.6
39.8
40.2
2.9
40.3
37.2
41.7
36.6
42.6
40.0
40.2
3.0
40.4
37.2
41.8
37.1
42.9
39.4
39.8
2.7
40.1
35.6
41.0
35.6
42.1
40.0
40.0
3.1
40.9
37.2
41.6
36.5
42.9
40.1
39.8
3.1
41.1
37.8
41.9
36.6
43.2
40.1
39.8
3.1
41.8
37.6
41.3
36.5
43.0
40.3
39.9
3.2
41.4
'38.0
'42.0
36.9
43.3
'40.2
'40.0
'3.5
'41.4
'39.3
41.7
'36.3
43.2
40.1
40.0
3.4
41.1
38.1
42.1
36.3
43.4
do—
do
do
do
do
do
38.3
41.5
41.7
41.4
40.8
37.5
38.5
41.6
41.8
41.4
41.3
37.9
38.7
42.1
43.1
42.5
41.8
37.2
38.7
41.5
41.7
40.9
41.6
37.5
38.4
41.7
41.7
41.5
41.3
37.7
39.0
41.8
41.7
41.6
42.1
39.0
38.2
41.5
41.3
41.3
41.9
38.3
38. 3
41.6
40.8
40.7
41.9
38.4
38.6
41.8
41.5
41.1
42.0
38.2
38.3
42.4
42.4
42.5
40.8
37.0
38.5
42.2
42.4
41.9
41.6
37.9
38.5
42.0
42.4
41.6
42.1
38.3
38.3
41.6
42.8
41.8
41.7
38.6
' 38. 6
41.7
42.7
'41.7
'42.1
'38.3
'38.8
'42.2
'43.3
'42.6
42.0
37.8
38.6
41.8
42.2
41.7
42.4
37.9
..do
41.5
41.2
do
—do
«38.8
42.1
.do— —
41.7
41.6
« 39.0
42.0
41.3
41.8
37.5
41.6
42.4
41.6
40.4
42.2
42.0
41.5
40.1
41.9
41.9
42.6
40.6
41.8
41.4
41.7
39.6
42.1
41.0
41.4
39.5
41.2
41.4
41.6
39.3
41.8
41.5
41.6
39.1
41.6
42.5
42.2
40.0
42.3
42.6
42.0
41.0
41.7
42.4
42.2
42.2
43.0
'42.0
'40.8
42.5
42.2
42.0
38.8
41.9
37.3
36.0
41.3
36.5
37.2
35.9
41.0
36.5
36.6
35.3
39.9
35.9
38.4
36.9
42.8
37.5
36.9
35.6
40.6
36.2
36.8
35.8
38.8
36.8
36.3
35.5
39.1
35.9
35.6
34.9
36.9
35.7
36.6
35.7
39.0
36.4
36.7
35.6
39.6
36.3
38.3
37.0
41.9
37.7
38.0
36.5
41.7
37.3
38.6 '38.9
37.2
37.5
42.8 • ' 43. 3
37.6
37.9
37.0
35.8
40.3
36.4
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transporation and storage.do
Telephone communication
do
Electric, gas, and sanitary services
do— .
Wholesale and retail trade§
__do
Wholesale trade
do.—
Retail trade§
do
42.1
41.6
40.0
41.2
38.6
40.6
37.8
42.0
41.7
40.1
41.2
38.4
40.7
37.4
41.8
42.2
41.8
41.2
38.3
40.6
37.3
42.0
42.3
40.8
41.6
38.2
40.7
37.2
41.9
41.6
41.3
41.2
38.0
40.9
36.9
41.6
42.2
40.4
41.4
38.6
41.1
37.6
41.3
41.1
39.9
41.3
38.0
40.6
36.9
41.4
41.3
40.1
41.2
38.0
40.5
36.9
41.4
41.6
39.4
41.0
38.0
40.7
36.8
41.6
41.2
39.8
41.3
38.1
40.6
37.1
42.5
41.8
40.1
41.3
38.1
40.9
36.9
42.6
42.5
39.9
40.9
38.4
40.9
37.3
42.4
42.5
40.6
41.1
38.9
41.0
37.9
42.6
' 43. 1
'40.4
41.1
38.8
41.0
37.8
42.5
43.0
41.4
41.6
38.1
40.8
37.0
Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plantscf.do
39. 0
39.0
38.6
38.7
38.0
38.5
38.1
39.1
37.6
38.6
37.7
38.9
37.7
38.5
37.8
38.3
37.7
38.5
37.4
39.4
37.1
39.5
37.0
39.2
39.2
39.0
'39.3
38.7
37.7
38.7
99.63
108. 50
119. 31
81.80
102. 97
112. 19
121. 60
85.60
104. 60
114. 13
121. 60
88.00
102. 97
111. 51
123. 83
87.85
104. 70
113. 57
124. 24
84.53
106. 81
117. 17
126. 48
83.95
105. 93
115. 51
126. 48
82.78
105. 93
115. 51
125. 87
84.53
107. 12
117. 04
127. 20
86.40
105.82
115. 65
125. 46
87.23
107. 53
117. 88
128. 13
90.83
108. 21
118. 16
128. 44
90.54
107. 01
116. 06
130. 20
90.32
106. 60 ' 107. 83
115. 23 ' 117. 18
128. 75 ' 129. 69
92.29 '92.03
108. 77
118. 44
132. 60
90.58
Nondurable goods industries, unadj
Seasonally adjusted
Average overtime
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and related products
Paper and allied products..
Printing, publishing, and allied Ind
Chemicals and allied products
Petroleum refining and related ind
Petroleum refining . _
Rubber and misc. plastic products
Leather and leather products
Nonmanufacturing establishments:!
Mining 9
Metal mining
Coalmining
Crude petroleum and natural gas
Contract construction..
_
General building contractors
Heavy construction.
Special trade contractors
do
do
do
..do
Average weekly gross earnings per production
worker on payrolls of nonagric. estab. :!
All manufacturing establishments!
—dollars
Durable goods industries.
do .
Ordnance and accessories
do
Lumber and wood products
do
Furniture and
fixtures
Stone, clay, and glass products
Primary metal industries
do
_do
do
81.80
102.42
124. 64
84.26
105. 83
130. 00
85.49
107.33
136. 21
86.94
108. 62
129. 48
86.53
107. 33
130. 83
88.40
106. 14
133. 14
84.66
104. 19
133. 25
86.53
104. 60
133. 67
86.53
106. 19
134. 73
84.66
107. 27
140.80
85.69
110. 83
134. 09
86.94
110. 99
135. 89
89.04 ' 89. 24
85.89
110. 99 '111.67 ' 111. 72
135. 36 132. 51 '133.76
90.52
112. 41
130. 79
Fabricated metal products
Machinery.
Electrical equipment and supplies
_do
108.05
olo
116. 20
do- 99.14
111. 76
121. 69
102. 31
112. 86
120. 67
102. 72
110. 24
120. 38
103. 48
112. 98
122. 83
103. 73
116. 03
126. 44
106. 50
113. 42
125. 27
104. 70
114. 39
125. 56
104. 96
115. 48
127. 60
105. 63
113. 44
123. 81
103. 31
116. 75
127. 74
106. 19
117. 02
127. 74
106. 45
114. 68 '115.78 '116.48
125. 83 124. 95 ' 126. 82
104.38 '105.01 ' 106. 49
118. 16
128. 57
107. 68
Transportation equipment
do
126. 72 130. 20 133. 67 125. 15 132. 82
Instruments and related products
do- 101. 59 103. 63 104. 81 105. 22 106. 40
Miscellaneous mfg. industries
do
80.39
82. 37
81.35
83.41 83.20
' Revised. * Preliminary.
« Average for 11 m
onths.
1
Includes Post Office employees hired for the Christmas setison; the re were about 138,000
such employees in the United States in Dec. 1964
2 Based on unac justed d ata.
©Effective Jan. 1965, data reflect change in definition of c ass I railroads (tc> $5 milli on or
more annual railway operating revenues). The ind ex (back
i adjusted for
comparability, whereas the number of employees ha snot.
140. 80
107. 74
85.44
137. 49 135. 79 138. 24 134. 20 137. 92 137. 60 133. 56 ' 130. 51 ' 135. 34 141. 05
106. 45 107. 12 107.38 104. 38 108. 16 109. 25 107. 53 ' 108. 05 ' 109. 25 109. 25
84.53
84.77
85.20 83.10
84. 56
84. 10
85.01 ' 85.41 87.10
85.17
See
! corre spondin I note, t>ottom p . S-13.
9 Inclu des data for induLstries no t shown
sep arately.
§Exc<ipt eatin 1 and dri nking pljices,
d"Beginni]tig Jan. 1 964, datei relate t o nonsu]aervisory workers and are not com parable
wit h the pr oduction -worker levels fo r earlier periods.
SURVEY OF CUKRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963 | 1964
Monthly
average
S-15
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.p
95.44
100. 70
77.34
79.99
67.52
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.t— Con.
All manufacturing establishments!— Continued
Nondurable goods industries .
_ .dollars. _
Food and kindred products
do —
Tobacco manufactures
-. do
Textile mill products
do
Apparel and related products
do
92.00
97. 88
73.85
75.71
64.98
92.17
98.64
74.30
76.68
65.70
93.26
100.19
82.42
77.04
65.16
92.50
99.55
76.88
75.95
65.16
92.73
98.74
77.75
76.73
66.61
93.60
98.98
79.61
76.91
67.52
92.20
99.05
78.32
74,62
63.72
94.00
101. 02
81.47
76. 54
65.70
94.24
101. 11
83.16
77.10
66.61
94.64 95.11 ' 95. 68
101. 57
99.77 '101.43
83.10 '78.66 '78.60
77.23 ' 79. 38 '78.81
66.43 67.53 '67.52
109. 57
114. 35
116. 48
133. 76
104. 90
68.98
112.06 111. 89
116. 10 116. 10
120. 41 117. 45
140. 51 133. 86
108. 26 106. 50
68.45 69.00
109. 82
114. 82
118. 01
134. 69
105. 73
69.37
112.32
117. 39
118. 71
135.53
109.04
71.76
111. 19
114.60
117. 86
133. 81
108. 52
71.24
111. 19
115. 67
118. 14
131. 78
108. 52
71.42
111. 97
116. 96
118. 29
134.46
108. 78
71.43
109.46
115. 67
120.42
139. 07
104.45
69.56
112. 40
117. 04
120. 27
137. 80
107. 33
71. 25
114. 05
117.43
120. 54
137.80
109. 46
71.62
114. 38
116.82
120. 22
139. 10
109. 25
71.80
114. 54
118. 66
119. 98
112. 41
118. 01
122. 72
126. 88
113. 40
118. 53 122. 11
125. 40 124. 38
124. 50 133. 72
113. 57 116. 05
121. 38
124. 50
134. 34
115. 64
121.09
127.80
135.20
114.53
120. 89
124. 68
135.83
116. 20
119. 72
123. 79
135.88
113.30
120.47
124. 38
134.41
114. 95
121. 18
125. 63
134. 50
115. 65
124. 95
127. 87
138.40
118. 44
124. 82
127. 26
142.68
115. 51
124. 23 126. 85
128. 71 '128.94
134. 46 '141.98
117. 32 '119.00
125. 33
131. 46
134. 25
118. 16
do
do
do...
do
127. 19
117. 36
128.03
133. 59
132. 06
122. 06
132. 02
138. 34
131. 03 138. 62
121. 79 127.67
130. 87 142. 52
137. 14 144. 38
131. 36
122. 11
129. 92
138. 28
133. 22
123.87
126.10
142.42
131. 41
121.77
125. 12
139. 29
131. 01
122. 15
122. 14
139. 23
133. 59
124. 59
125.97
141. 96
132. 12
123. 18
125.93
140.48
139. 80
128. 76
138. 69
147.41
138. 70
127. 02
139. 28
146. 22
140. 50 '143.15
129. 08 131. 25
142. 52 '147.22
147.39 149. 33
138. 01
128. 16
138. 23
145.24
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage-do _
Telephone communication
do
Electric gas, and sanitary services
do. -
101.88
117.31
102. 40
121. 54
104. 58
122. 18
105. 06
125. 66
104. 92
124. 07
109. 10
126. 90
105. 42
124. 36
108. 12
128. 96
105. 59
122. 72
109. 86
128. 54
104.83
125.76
108. 68
129. 58
104. 49
121. 25
106. 53
129. 27
104. 74
123.49
107. 07
129.78
105. 16
125.22
105.20
128.33
106.91
123. 60
106. 66
130. 10
109.23
126. 65
107. 87
130. 51
109. 48
127. 50
107. 33
129.24
109. 39 110.33
127.50 '129.73
108.40 '108.27
129. 88 130. 29
110. 08
131.15
113.02
133. 95
77.59
99.47
68.04
79.87
102. 56
69.94
80.43
103. 12
70.50
80.22
103. 38
70.31
79.80
104. 70
69.74
79.90
104.81
70.31
80.56
103.94
70.85
80.94
104. 09
70.85
80.94
105. 01
70.66
81.15
104.75
71.60
82.30
106. 75
71.96
82. 56
106. 34
72.74
84.02
106. 60
74.28
83. 81
106. 60
73. 71
83.06
106.90
72.89
87.91
94.48
74. 11
69.43
62. 45
90.91
97.75
76.44
72.98
64. 26
105.90
Paperand allied products.—
do
Printing, publishing, and allied ind __ do__ _ 110. 69
112. 88
Chemicals and allied products
do
131. 77
Petroleum refining and related ind
do
100. 78
Rubber and misc plastic products __do__
66.00
Leather and leather products. .
do
NTonmanufacturing establishments :f
Mining 9
Metal mining
Coal mining
*
Crude petroleum and natural gas
do
do.
do
.do
Contract construction
General building contractors
Heavy construction
Special trade contractors.
Wholesale and retail trade§
Wholesale trade
Retail trade§
.
do
do
do
.
91.87
98.53
73.10
71.82
63.00
'116.21 115. 88
'118.50 '119.89 119. 27
'120.93 '123.22 121. 22
'138. 35 '142.46 139.68
'110.30 110.88 111.94
71.82
'72.00
72.01
r 115. 18
Finance, insurance, and real estate:
Banking
do
Insurance carriers©
do
Services and miscellaneous :
Hotels, tourist courts, and motels
do —
Laundries, cleaning and dyeing plants Ado —
74.97
96.21
76.67
92.12
76.43
92.15
77.21
92.60
77.58
93.23
77.58
93.04
78.54
94.27
79.08
94.73
78.70
94.18
79.24
95.08
78.86
95.39
78. 44
94. 84
79.24 ' 79. 45
95.49 ' 95. 39
79.55
95.16
47.58
51.87
48.64
55.73
48.26
56.21
49.53
57.48
49. 26
56.36
50.14
57.18
49.76
56.60
49.52
56.30
49.76
56.98
48.99
59.10
50. 09
60.04
48.47
59.58
49.78
59.28
' 49. 91
' 58. 82
49.76
59.21
Average hourly gross earnings per production
worker on payrolls of nonagric. estab.:t
All manufacturing establishments!
dollars-Excluding overtimed
do
Durable goods industries .
- do
Excluding overtimed"
_
do
2.46
2.37
2.64
2.54
2.53
2.44
2.71
2.61
2.57
2.46
2.75
2.63
2.53
2.43
2.70
2.59
2.56
2.46
2.73
2.62
2.58
2.48
2.77
2.64
2.59
2.49
2.77
2.66
2.59
2.49
2.77
2.66
2.60
2.49
2.78
2.66
2.60
2.51
2.78
2.67
2.61
2.50
2.80
2.67
2.62
2.51
2.80
2.67
2.61
2.51
2.79
2.67
2.60
2.49
2.77
'2.65
2.63
2.52
2.81
'2.69
2.64
2.52
2.82
2.69
Ordnance and accessories
.do —
Lumber and wood products ._
_ do_
Furniture and
fixtures
do
Stone, clay, and glass products
do —
Primary metal industries
_do
Blast furnaces, steel and rolling mills.do
2.91
2.04
2.00
2.48
3.04
3.36
3.01
2.14
2.05
2.55
3.11
3.41
3.04
2.20
2.07
2.58
3.19
3.52
3.05
2.18
2.07
2.58
3.12
3.43
3.06
2.14
2.07
2.58
3.13
3.42
3.07
2.12
2.08
2.57
3.14
3.43
3.07
2.08
2.07
2.56
3.15
3.44
3.07
2.14
2.09
2.57
3.-16
3.44
3.06
2.17
2.08
2.61
3.20
3.48
3.08
2.21
2.09
2. 62
3.17
3.43
3.08
2.23
2.10
2.63
3.19
3.46
3.10
2.23
2.10
2.63
3. 20
3.47
3.11
2.24
2.12
'2.64
3.17
3.43
'3.11
'2.25
2.14
2.66
'3.20
3.49
3.12
2.22
2.15
2.67
3.19
Fabricated metal products...
Machinery.
_
Electrical enuipment and supplies
Transportation equipment?
Motor vehicles and equipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg. Industries
2.61
2.78
2.46
3.01
3.10
2.95
2.49
2.03
2.68
2.87
2.52
3.10
3.21
3.05
2.54
2.08
2.70
2.88
2.53
3.16
3.28
3.07
2.55
2.07
2.65
2.88
2.53
3.06
3.12
3.09
2.56
2.08
2.69
2.89
2.53
3.14
3.23
3.09
2.57
2.08
2.73
2.92
2.56
3.20
3.32
3.11
2.59
2.12
2.72
2.92
2.56
3.19
3.31
3.11
2.59
2.14
2.73
2.92
2.56
3.18
3.30
3.10
2.60
2.13
3.08
2.16
2.09
2.59
3.17
3.45
2.73
2.94
2.57
3.20
3.33
3.11
2.60
2.13
2.74
2.92
2.57
3.18
3.31
3.10
2.59
2.12
2.76
2.95
2.59
3.20
3.32
3.13
2.60
2.13
2.76
2.95
2.59
3.20
3.32
3.12
2.62
2. 14
2.75
2.94
2.59
3.18
3.29
3.12
2.61
2.14
2.75
2.94
' 2. 58
'3.16
3.28
' 3. 13
'2.61
2.12
'2.78
'2.97
'2.61
'3.23
3.36
'3.16
'2.62
2.13
2.80
2.99
2.62
3. 25
3.37
3.17
2.62
2.14
2.22
2.15
2.31
1.92
1.71
1.73
2.48
2.29
2.21
2.39
1.97
1.78
1.79
2.56
2.32
2.23
2.38
1.86
1.80
1.80
2.60
2.30
2.22
2.37
1.81
1.82
1.80
2.59
2.31
2.23
2.40
1.94
1.83
1.81
2.59
2.32
2.24
2.42
2.03
1.83
1.80
2.60
2.33
2.25
2.44
2.05
1.83
1.81
2.61
2.33
2.25
2.45
2.09
1.84
1.82
2.61
2.34
2.25
2.45
2.14
1.84
1.82
2.61
2.34
2.26
2.47
2.20
1.82
1.79
2.60
2.35
2.26
2.47
2.19
1.84
1.80
2.62
2.35
2.26
2.46
2.20
1.84
1.82
2.64
2.36
2.27
2.43
2.21
1.87
1.82
2.66
2.36
2.27
2.41
2.07
1.89
1.83
'2.66
'2.38
2.29
'2.45
'2.00
'1.89
1.86
'2.69
2.38
2.28
2.45
2.03
1.90
1.86
2.67
2.89
2.72
3.16
3.32
2.47
1.76
2.97
2.80
3.20
3.37
2.54
1.82
3.00
2.86
3.26
3.45
2.59
1.84
3.00
2.83
3.21
3.38
2.56
1.84
2.99
2.83
3.23
3.41
2.56
1.84
3.01
2.84
3.25
3.41
2.59
1.84
3.00
2.84
3.24
3.40
2.59
1.86
3.02
2.84
3.23
3.39
2.59
1.86
3.03
2.83
3.24
3.41
2.59
1.87
3.02
2.84
3.28
3.46
2.56
1.88
3.04
2.85
3.25
3.43
2.58
1.88
3.05
2.87
3.25
3.45
2.60
1.87
3.05
2.89
3.25
3.45
2.62
1.86
3.07
'2.90
' 3. 24
3.43
2.62
1.88
3.09
'2.92
3.29
3.48
2.64
1.90
3.09
2.90
3.31
3.51
2.64
1.90
- --do
do
do
__do_ _
do
do
do
.do
2.76
2.88
"3.12
2.67
3.41
3.26
3.10
3.66
2.83
2.95
"3.26
2.70
3.55
3.40
3.22
3.79
2.87
3.00
3.32
2.73
3.58
3.45
3.28
3.82
2.88
2.99
3.31
2.75
3.61
3.46
3.33
3.85
2.89
3.00
3.35
2.76
3.56
3.43
3.20
3.82
2.89
3.00
3.33
2.74
3.62
3.46
3.25
3.87
2.92
2.99
3.43
2.76
3.62
3.43
3.20
3.88
2.92
2.99
3.44
2.75
3.68
3.50
3.31
3.90
2.91
2.99
3.42
2.75
3.65
3.49
3.23
3.90
2.92
3.02
3.44
2.78
3.60
3.46
3.18
3.87
2.94
3.03
3.46
2.80
3.65
3.48
3.31
3.91
2.93
3.03
3.48
2.77
3.65
3.48
3.34
3.92
2.93
3.05
2.78
3.64
3.47
3.33
3.92
2.95
3.07
3.48
'2.80
' 3. 68
3.50
3.40
3.94
2.97
3.13
3.46
2.82
3.73
3.58
3.43
3.99
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage .do
Telephone communication
do —
Electric, gas, and sanitary services - do
2.42
2.82
2.56
(2.95
2.49
2.93
2.62
3.05
2.51
2.94
2.61
3.08
2.51
2.94
2.65
3.10
2.52
2.95
2.66
3.12
2.52
2.98
2.69
3.13
2.53
2.95
2.67
3.13
2.53
2.99
2.67
3.15
2.54
3.01
2.67
3.13
2.57
3.00
2.68
3.15
2.57
3.03
2.69
3.16
2. 57
3.00
2.69
3.16
2.58
3.00
2.67
3.16
2.59
'3.01
2.68
3.17
2.59
3.05
2.73
3.22
2.10
2.10
2.10
2.08
Wholesale and retail trade § _
do
2.01
2.54
2.52
2.56
2.54
2.45
Wholesale trade
do
1.89
1.89
1.89
1.87
Retail trade §—
do
1.80
Services and miscellaneous:
1.27
1.31
1.30
Hotels, tourist courts, and motels
do
1.22
1.26
1.46
1.46
1.44
1.33
1.47
Laundries, cleaning and dyeing plants Ado
r
Revised. * Preliminary. « Average for 11 montl
is. § Except eatiiig and dr inking p laces,
t .See corresponding note, bottom p. S-13. 9 Includes data for i.ndustriessnot shoiNH sepanitely.
©Effective Jan. 1964, data exclude earnings of'non office sal esmen a]ad are n<3t compa rable
with earlier figures.
2.07
2.55
1.87
2.12
2.56
1.92
2.13
2.57
1.92
2.13
2.58
1.92
2.13
2.58
1.93
2.16
2.61
1.95
2.15
2.60
1.95
2. 16
2.60
1.96
2.16
2.60
1.95
2.18
2.62
1.97.
Nondurable goods industries
Excluding overtimed"
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and related products
Paperand allied products
do
do
do. _.
do
do .
do
.do
do
do
__.do
do
do
do
_
-do
do
Printing, publishing, and allied lnd_ ..do
Chemicals and allied products
do
Petroleum refining and related ind
_do_ ...
Petroleum refining
do Rubber and misc. plastic products
do
Leather and leather products
do
Nonmanufacturingestablishments:t
Mining9Metal mining
_
Coalmining
_ _
Crude petroleum and natural gas
Contract construction
General building contractors
Heavy construction
Special trade contractors..
1.33
1.32
1.32
1.31
1.27
1.35
1.31
1.32
1.31
1.27
1.47
1.47
1.50
1.48
1.52
1.52 '1.52
1.47
1.52
1.53
cfD srived by assumirig that o~v ertime h ours are ]Daid at tlie rate of time anc one-half . AEffective Jan. 19 34, data relate to nonsupe rvisory iworkers and are ilot com] )arable vfith the
produ ction-woi"ker leve Is for earlier perio is.
SURVEY OF CURRENT BUSINESS
S-16
1964
1964
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
November 1965
Monthly
average
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Apr.
Mar.
July
May
June
3.342
4.856
1.18
2 989
3.355
4.886
3.414
4.969
Sept.
Aug.
3,453
4.992
1.17
Oct.
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS-Contmued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
Common labor
$ per hr
Skilled labor
. do
Farm without board or rm 1st of mo
do
Railroad wages (average class X)
do
Road-building com labor (qtrly )
do
LABOR CONDITIONS
Help-wanted advertising seas adjj 1957-59 ~ 100
Labor turnover in manufacturing estab.: t
Accession rate total mo rate per 100 employees
Seasonally adjusted
do
New hires
do
Separation rate, total
do
Seasonally adjusted
do
Quit
do
Layoff
do
Seasonally adjusted
do
Industrial disputes (strikes and lockouts) :
Beginning in month:
Work stoppages
number
^Vorkers Involved
thous
In effect during month:
^Vork stoppages
number
Workers Involved
thous
Man-days Idle during month _
do _.
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
IsTonfarm placements
thous
Unemployment insurance programs:
Insured unemployment, all programs
do
State programs •
Initial claims .
__
do
Insured unemployment, weekly avg do
Percent of covered employment:^
Unadjusted
Seasonally adjusted©
Beneficiaries, weekly average
thous
Benefits paid
mil $
Federal employees, Insured unemployment
thous
Veterans' program (UCX):
Initial claims
do
Insured unemployment, weekly avg do
Beneficiaries, weekly average _ _
do
Benefits paid
mil $
Railroad program:
Applications
thous
Insured unemployment, weekly avg do
Benefits paid
mil. $
3.295
4.807
3.242
4.733
1 1.08
2.850
3. 082
4. 526
*1 05
2 823
1
2 38
2.818
3.300
4. 812
1.01
2.808
3.305
4.815
3.307
4.823
2.856
2.901
3,307
4.829
1.19
2.995
3.339
4.851
3.339
4.852
3.035
2 970
3. 014
3.482
5.002
3.486
5.029
109
126
127
134
137
137
145
148
143
145
146
145
152
J>160
4.0
2.4
3.9
2.6
3.9
1.4
1.8
1.5
1.7
4.8
3.8
3.5
5.1
4.1
2.7
1.5
1.5
4.0
4.0
2.8
4.2
3.9
1.7
1.8
1.7
3.2
4.1
2.2
3.6
3.6
1.2
1.7
1.5
2.6
4.1
1.6
3.7
3.8
1.0
2.1
1.6
3.8
4.0
2.4
3.7
3.6
1.3
1.6
1.4
3.5
4.1
2.4
3.1
3.6
1.3
1.2
1.3
4.0
4.3
2.8
3.4
3.8
1.5
1.2
1.3
38
39
2.6
3.7
4.1
1.7
1.3
1.5
4.1
4.0
2.9
3.6
3.9
1.7
1.1
1.4
5.6
4.5
4.3
3.6
4.0
1.7
1.1
1.4
4.5
4.1
3.1
4.3
4.1
1.8
1.8
1.7
'5.4
'4.2
'3.9
'5.1
'4.5
'2.6
'1.6
'1.6
^5.4
P4.3
P3.9
P5.5
P4.4
*>3.4
pl.2
280
78
305
137
336
374
346
214
238
141
146
42
260
107
200
53
350
191
340
128
420
111
450
262
380
138
380
92
280
131
1,340
1,908
574
432
2,390
584
549
6,590
469
274
1,730
346
149
1,060
390
188
1,790
340
153
1,450
500
234
1,760
500
175
1,630
580
174
1,770
670
332
2,520
620
303
3,630
630
222
2,290
515
224
1,950
548
2
123
3.9
523
639
579
433
418
573
610
3.486
5. 056
1.09
1, 939 2 1, 725
2
508
2
1, 218 2 1, 232
1, 397
2
1 792 22,132
491
421
2
2, 065
2
1, 837
555
2
1, 570
2
1, 259 2 1, 131
1, 210
644
603
554
2
fl.2
2
1, 178
2
1,030
1,162
1,605
1,285
1,806
858
1.125
966
1, 138
1,185
1,293
1 618
1 675
1,453
1,996
1,100
1,932
1,009
1,718
956
1,470
763
1,179
870
1,059
1,078
1,132
976
1,102
760
959
aoi
2.5
3.1
2.2
2.9
834
138.6
43
3.8
1,541
231 2
1,373
210. 2
2.5
35
943
148.4
26
35
908
143 2
3.0
3.4
969
147.0
39
36
1 283
211 4
4.6
3.4
1,667
252.1
4.5
3.3
1,689
245.7
4.0
3.2
1,631
273.4
3.4
3.2
1,373
224. 9
27
30
1,060
165 7
2.4
3.0
941
156.3
2.6
3.0
932
149.5
148.0
31
30
24
25
27
34
34
31
27
22
20
22
21
19
29
55
52
76
28
51
48
7.5
25
36
36
59
25
53
52
76
26
49
48
8.0
21
41
41
6.8
26
33
27
45
25
33
31
5.2
19
28
27
4.6
12
32
53
12
40
7.3
16
47
7.8
6
45
7.4
6
39
8.0
5
33
6.2
17
33
34
53
5
26
4.3
22
30
30
5.2
»13
»38
»6.5
27
40
34
54
11
37
56
30
55
52
80
13
47
8.3
25
35
31
50
11
33
5.6
30
32
48
41
69
19
21
3.8
30
24
3.5
10
22
3.8
24
3 385
8 361
2 223
6 138
3 276
g' 928
2 143
6 785
3 232
9 033
2,239
6 794
3 325
9 077
2,070
7 007
3 384
9 533
2,047
7 486
3 467
9 934
1,976
7 958
3 355
9,370
1,965
7 405
3,299
3 337
10,439 '10,358
2,046
2,117
8,393 ' 8, 241
3 314
9,692
2,194
7,498
8, 013
FINANCE
BANKING
Open market paper outstanding, end of mo.:
Bankers' acceptancesmil $ 3 2 890 3 3 385
3
Commercial and finance co. paper, total
do
6 747 3 g' 361
Placed through dealers
do . 3 1, 928 3 2, 223
3 4 819 3 6 138
Placed directly (finance paper)
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm. :
Total, end of mo
mil $ * 6 403
Farm mortgage loans :
Federalland banks
do
33 310
Loans to cooperatives do
s 840
Other loans and discounts
do
32 253
Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted: A
Total (225 SMSA's)
_ _ _ _ _ _ _ _ bil. $
New York SMS A_ __-__„
do
Total 224 SMSA's (except N.Y.)
do
6 other leading SMS A'sf
do
218 other SMSA's .
do
3 175
8 444
2 220
6 224
3 222
9 343
2*431
6 912
7 104
7 084
7 092
7 057
7 104
7 223
7 356
7 472
7 607
7 729
7 873
7,988
8,040
3 718
3
958
3
2 428
3 620
3 652
3 680
3 718
4 058
4,097
4,135
4,171
2 402
2 428
3 889
1 007
2 576
4 Oil
2 516
3 818
1 037
2 501
3,950
2 656
3 765
1 020
2 438
2,679
2 778
2,884
2, 956
2, 962
2,902
51
3
4
4
4
621 4
1,925!3
^2,696.1
4
1 030 8
41 665 3-
809
924
4763 5 4 698 2
2,007.6 1, 926. 7
2,755.9 2, 771. 5
1 049 5 1 060 6
1 706 4 1 710 9
3 217
9 146
2,438
6 708
975
4 648 0
1,917.7
2,730.3
1 023 7
1*706 6
958
4 816 5 4 870 9 4 842 5 4 995 6
2,013.0 2,067.6 1, 997. 4 2, 071. 8
2,803.5 2,803.3 2,845.1 2, 923. 8
1 065 4 1 065 5 1 077 2 1 115 4
1 738 1 1 737 8 1 767 9 1 808 4
978
940
5 113 3 4 825 6
2, 151. 3 1, 954. 1
2, 962. 0 2,871.5
1 131 7 1 082 7
1 830 3 1 788 8
931
935
944
940
53278 5, 302. 6 5, 146. 8 5, 126. 9
2,308.4 2, 281. 6 2, 128. 0 2, 104. 3
3,019.4 3,021.0 3, 018. 8 3, 022. 6
1 146 8 1, 149. 5 1, 141. 0 1, 142. 9
1 872 6 1 871 5 1 877 8 1 879 7
Federal Reserve banks, condition, end of mo. :
Assets, total 9.-—
--—
_
mil. $„ » 58,028 362,867
59, 421
59,643
61, 561
62, 867
60, 729
60, 769
60, 573
61,688
61, 475
62, 632
61,914
61,429
63,384
63,504
Reserve bank credit outstanding, total 9 _do
» 36,418 339,930
Discounts and advances
do
3186
363
U.S. Government securities
_do____ 3 33,593 337,044
a
3
Gold certificate reserves—
do
15,237 15, 075
37,111
95
35,350
15, 190
37, 900
415
35, 709
15, 185
39,302
210
36, 774
15 091
39, 930
186
37,044
15 075
38, 737
304
36, 741
14 906
39, 422
300
36,907
14, 661
38,972
124
37, 591
14 293
40, 071
568
37, 754
14 144
41, 169
545
38,686
14 023
41, 159
657
39, 100
13, 670
41, 166
536
39, 207
13, 591
40, 619
237
39, 049
13, 596
41, 704
174
39, 774
13, 587
41, 905
510
39,657
13,582
59 421
59 643
61 561
62 867
60 729
60 769
60 573
61 688
61 475
62 632
61 914
61, 429
63, 384
63,504
18, 645
17, 191
36,021
19, 591
18, 149
36,319
19, 612
18,204
36, 628
37.7
37.4
37.1
Liabilities, total 9 —.—.__._
do
8 58 028
3
6'2 867
Deposits, total 9
do
3 18,391 3 19, 456 18, 396
Member-bank reserve balances
.....do
a 17,049 3 18, 086 17, 121
Federal Reserve notes in circulation
doll" 3 32,877 335,343 33, 590
Ratio of gold certificate reserves to FR note
liabilities O_
_
percent-. 346.3 342.7
45.2
18, 884
17, 883
33, 852
19, 523
18, 084
34,640
44.9
43.6
2
' Revised.
* Preliminary.
1 Quarterly average.
Excludes persons under extended
duration provisions (thous.): 1964—Sept., 38; Oct., 32; Nov ,20- Dec 9-1965—Jan 4- Feb.,
2; 4
Mar., 26; Apr , 52; May, 57; June, 51; July, 44; Aug., 40; Sept., 38.
3 End of year. '
Annual total.
§ Wages as of Nov. 1, 1065: Common labor, $3.486; skilled labor, $5 041
JRevised back to 1951 to incorporate adjustments as follows: Enlargement of sampleupdated seasonal factors; new weights for component indexes based on labor force in cities
covered; and shift of index base to 1957-59=100. Monthly data (1948-62) appear on p 24 of
19, 456
18,086
35, 343
19, 091
17,801
34, 646
19, 255
17,903
34, 562
18, 502
17, 277
34, 629
19,557
18, 259
34, 662
19, 625
18, 006
34, 974
19, 278
18, 229
35, 444
19,304
18, 008
35,796
42.7
43.0
42.4
41.3
40.8
40.1
38.6
38.0
the Mar. 1964 SURVEY, f See corresponding note, bottom p. S-13.
cflnsured unemployment as % of average covered employment in a 12-month period.
©Revisions back to 1959 are available.
..
A Revised series; data prior to 1964 not available. 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.
O Revised series.
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963
End of year
S-17
1964
Oct.
Sept.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
21, 227
20, 790
21, 248
20, 908
May
June
July
Aug.
21, 505 21, 476
21,146 21, 149
21, 709
21,366
21,865
21, 516
21, 620
21, 192
505
-178
528
-185
62, 611 63, 810
97, 845 103, 551
67, 525 69, 652
5,545
5,410
6,384
8,664
12, 046 12, 401
72, 996 73, 818
Sept.
Oct.
FINANCE—Continued
BANKING— Continued
All member banks of Federal Keserve System,
averages of dailyfigures:
Reserves held, total _
mil. $._ 120,746 i 21,609
120,210 121,198
Required
do
Borrowings from Federal Reserve banks... do —
Weekly reporting member banks of Fed. Res. System ,
condition, Wed. nearest end of yr. or mo.:
Deposits:
Demand, adjustedc?
——
mil. $—
Demand total 9
do
Individuals, partnerships, and corp . do
State and local Governments
do
U S Government
'. do
Domestic commercial banks—
—do
Time total?
-do
Individuals , partnerships, and corp. :
Othertime
-do
Loans (adjusted), totaled
do
Commercial and industrial
do
For purchasing or carrying securities— —do—
To nonbank financial institutions
-do
Real estate loans
do
InvestmentSt total
.
II S Government securities, total.
Notes and bonds
-
do
do
...do
20,928
20,508
21,033
20,618
21,159
20,763
415
396
21,609
21,198
411
21,619
21,217
402
437
340
1411
1243
U68
420
331
89
309
106
430
-34
243
168
299
103
405
32
416
-76
471
-112
67,844 68, 045
104, 335 102,574
74, 513 73, 654
5,239
5,338
4,563
4,556
13,320 12, 539
59, 227 66,881
63, 722
99,479
68, 867
5,224
6,951
12, 318
64, 719
64, 999
94,544
68, 627
5,035
3,389
11, 699
65, 478
64, 607
97, 707
69, 515
5,333
4,364
12, 548
65, 670
68,045
102,574
73,654
5,239
4,563
12,539
66, 881
64,992
96,059
68,515
5,396
3,643
11,948
69,234
63, 507
96, 238
68, 127
5,423
4,036
12, 327
70,341
63,377
99, 178
67, 642
5, 570
5,988
12, 662
71, 140
64, 744
96, 133
68, 572
5,270
5,266
10,965
72, 081
38, 083 40, 698
13,310 16 407
92, 901 102, 227
38, 793 42, 119
6,677
6,621
9,032
8 595
17, 880 20, 008
23, 809 29, 156
48, 404 48,783
29 018 27, 679
23, 127 21, 979
19, 386 21, 104
39, 873
15, 854
97, 784
39, 953
6,796
8,558
19, 533
26,982
48, 094
27, 207
21, 955
20, 887
40, 061
16,464
96, 545
39, 882
5,863
8,030
19, 719
27, 267
47, 818
26, 928
21, 655
20, 890
40, 312 40,698
16, 237 16,407
98, 992 102, 227
40, 999 42, 119
5, 865
6,677
9,032
8, 431
19,909 20,008
28, 355 29, 156
48, 005 48, 783
27, 256 27, 679
22, 103 21, 979
20, 749 21, 104
261.1
163.2
60.0
37.9
1536
1327
1209
359
327
343
r
524
-175
428
564
-136
21, 729 21 956
21, 356 21 619
r
373
'337
528
490
r
— 155
—153
64, 179
94, 579
68, 102
4,900
5,022
10, 862
74, 760
63,505
96, 101
68, 189
5,105
3,914
12,566
75,896
64, 133 64, 796
97 048 100 005
68, 280 71 224
4 940
5 509
5,591
2 632
12,075 13,701
76 276 77 189
349
41,334 41, 744 42, 323 42, 149 42, 538 43, 129 43,429 43,827 44, 319 44 798
17,961 18, 359 18, 456 19, 051 19, 679 20,130 20, 542 20,990 21, 003 21, 347
101,060 102,301 104, 817 105, 229 107, 454 110,925 108,551 111,071 111 755 112 708
42,239 43, 343 44, 620 44,597 45, 270 46, 847 46, 282 46,987 48, 117 48,756
6,368
6,151
6,449
6,803
5,712
6,573
6,224
7,418
5,453
5,587
8,331
9,289
8,404
8,897
9,484 «• 10, 289 10 154 10 058
8,703
9,830
20,074 20, 188 20,326 20, 555 20, 848 21, 151 21, 368 21,739 22, 012 22, 231
28,517 28, 860 28, 906 29, 975 30, 475 29, 324 30, 226 30, 113 r30 553 30 588
48,145 47, 931 47, 150 47,440 46, 707 47, 514 47, 244 47,086 47 023 47 769
26,516 25, 963 24, 965 24, 512 24, 026 24, 254 23, 667 22,992 22 830 23 991
21,506 21, 354 21, 159 20, 843 20, 823 20,619 20, 677 20,322 20 202 19 948
21,629 21, 968 22, 185 22, 928 22, 681 23, 260 23, 577 24,094 24 193 23* 778
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas, ad justed: J
Total loans and investments©
bil. $
L/oansO
- - do
U S Government securities. _.
.do
Other securities
.__
do
246 5
149 4
62 1
35 0
267.2
167.1
61.4
38.7
261.7
163.0
61.2
37.5
Money and interest rates: §
Bank rates on short-term business loans:
In 19 cities
percent
New York City
do
7 other northern and eastern cities
do
11 southern and western cities
do
25
24
25
25
01
79
oi
3o
24.99
24.75
25.02
25.30
4.98
4.72
5.01
5.31
3.50
34.26
3
5 49
4.00
34.70
35.45
3.50
4.75
5.45
3.50
4.74
5.45
4.00
4.76
5,45
4.00
4.74
5.45
4.00
4.78
5.45
4.00
4.84
5.43
4.00
4.82
5.43
4.00
4.88
5.43
4.00
4.93
5.43
4.00
4.99
5.43
4.00
4.98
5.43
4.00
4.98
5.43
4.00
5 02
5 43
3
5. 78
35.93
5.77
5.93
5.75
5.91
5.75
5.94
5.76
5.92
5.79
5.95
5.79
5.93
5.72
5.91
5.74
5.89
5.77
5.88
5.76
5.86
5.77
5.86
5.76
5.86
5.75
5 89
33.77
3
3. 97
33.83
34.50
3.75
3.89
3.75
4.50
3.75
4.00
3.91
4.50
3.79
4.02
3.89
4.50
4.00
4.17
3.98
4.50
4:00
4.25
4.05
4.50
4.10
4.27
4.12
4.50
4.15
4.38
4.25
4.50
4.19
4.38
4.25
4.55
4.25
4.38
4.25
4.75
4.25
4.38
4.25
4.75
4.22
4.38
4.25
4.75
4.14
4.38
4.25
4.75
4.25
4.38
4.25
4. 75
4.25
4.38
4.32
4.75
4.032
4.33
Discount rate, end of year or month (N.Y.F.R.
Bank)
percent..
Federal intermediate credit bank loans
do
Federal land bank loans--—
— . —do
Home mortgage rates (conventional 1st mortgages):*
New home purchase (U.S. avg.) __„.._ percentExisting home purchase (U.S. avg.)
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)... do —
Commercial paper (prime, 4-6 months).. do
Finance Co. paper placed directly, 3-6 mo__do
Stock Exchange call loans, going rate
do
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent..
3-5 year issues . .
.
:— ..
do
Savings deposits, balance to credit of depositors:
N Y State savings banks endofyr or mo mil. $
U.S. postal savings f
do
CONSUMER CREDIT*
(Short- and Intermediate- term)
Total outstanding end of year or month
mil.$
Installment credit, total.
do__
Automobile paper
„_
do—..
Other consumer goods paper...
_
do
Repair and modernization loans
„
do
Personal loans.
;
do
By type of holder:
Financial institutions, total
do
Commercial banks
_
do
Sales finance companies
do
Credit unions .
_ _ do
Consumerfinancecompanies —do—
Other.—
do
Retail outlets, total
.__
do
Department stores
— _.
—do
Furniture stores _ _
do—
Automobile dealers--—
do—
Other
—
.
do
Nontnstallment credit, total.-,__ do— —
Single-payment loans, total...
do
Commercial banks...
— do —
35.84
35 98
83.36
33.55
83.40
34.50
1
265. 5
165.4
61.6
38.5
269. 6
170.2
59.9
39.5
272.1
171.9
60.2
40.0
275.5
175.8
59.6
40.1
277.3
177.1
59.1
41.1
279.1
179.3
58.5
41.3
4.97
4.74
5.00
5,27
5.00
4.77
5.03
5.31
282.2
182.6
57.6
42.0
4
4
5
5
281.5
182.8
56.1
42.6
286.0
185.8
56.7
43.5
99
74
01
31
286
186
56
43
1
2
2
7
288 9
188 0
57 0
43 9
S fift
4 7fi
K no
S
OI
33.157
33 72
3
3. 549
4 06
3.527
4.03
3. 575
4.04
3.624
4 04
3. 856
4.07
3.828
4.06
3.929
4.08
3.942
4.12
3.932
4 12
3.895
4.11
3.810
4 09
3.831
4 10
3.836
4 19
3.912
4.24
25 693
28 260
27 606
27 713
27 893
393
28 260
'390
28 482
28 618
28 955
'363
28 883
28 995
356
350
29 272
*342
29 380
29 498
29, 785
371
332
327
76 085
59 788
25 063
14' 944
3 440
16 341
77
60
25
15
3
IQ
483
803
615
056
439
693
78 687
61 739
26 109
15, 229
3 484
16 917
79 887
62 790
26 685
15* 422
3' 524
17 159
80
63
27
15
3
17
81 454
64 393
27 493
15 738
3 597
17 565
4.00
81 924
64 846
27 555
15 954
3 613
17 724
452
3
390
403
397
385
69 890
53 745
22 199
13, 766
3,389
14 391
76 810
59 397
24 521
15, 303
3 502
16 071
73 495
57, 446
24 295
14, 046
3,493
15 612
73 928
57 826
24 423
14, 222
3,509
15 672
74 371
58 085
24 367
14, 431
3,516
15 771
76 810
59 397
24 521
15 303
3 502
16 071
76, 145
59, 342
24 574
15, 204
3,473
16 091
75 741
59 363
24 743
14 984
3 446
16 190
46, 992
21, 610
13, 523
5,622
4, 590
1,647
6,753
3,427
1,086
51, 990
23,943
14, 762
6 458
5,078
1,749
7,407
3,922
1, 152
50, 937
23, 527
14, 553
6 283
4,845
1 729
6,509
3, 371
1,048
51, 220
23, 663
14, 625
6 334
4 870
1 728
6,606
3 444
1 062
51, 341
23, 680
14, 622
6 378
4, 919
1 74?
6,744
3,541
1,088
51 990
23 943
14 762
6 4KO
5 078
1 749
7,407
3 922
1 152
52, 159
24, 091
14, 797
6 429
5, 078
1 764
7,183
3 791
1,128
1 912 1 963
16, 145 17, 413
5,959
6,473
5,047
5,469
912 1,004
1 725
16, 049
6 354
5,361
1 733
1 74.8
1 Qft3
16 102
6 333
5,361
16, 286
6 412
5,377
1.035
17 413
6 473
5 469
1.004
52, 352 52 837 53 828 54, 694
24 246 24 537 25 117 25 602
14, 782 14 831 14 991 15, 158
a 7qn
fi KfiQ
6 871
6 465
5,243
5 101
5 132
5 202
1 758 1 768 1 779 1 820
7,011
7,045
6,951
6,975
3 745
3 713
3 701
3 673
1 101 1 085
1 077 1 076
377
405
384
*395
I QOfi
I ftlQ
16 378 16 297 16 680 16 948
6 442
6 686
6 518
6 606
5 436
5 495
5 572
5 628
L006
1. 023
1.058
1. 034
328
370
365
367
367
Other financial institutions
do
993
972
r
Revised.
3
i Average for Dec.
2 Q.uarterly average.
Monthly average.
cf For demand deposits, the term "adjusted" denotes demand deposits other than domestic commercial interbank and U.S. Government, less cash items in process of collectionfor loans, exclusive of loans to domestic commercial banks and after deduction of valuation
reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves)
9 Includes data not shown separately.
IData have been revised as follows- Commercial bank credit (seas. adj. only), back to 1948; consumer credit—unadj., back to 1962;
791-025 O - 65 - 5
267.2
167.1
61.4
38.7
370
1
373
QQ1
16 803
6 412
5 409
1.003
338
686
609
171
573
553
312
55 666
26* 154
15' 372
56 442
26 610
15 565
57 isi
26 992
15 721
17 097
6 776
5*707
1.069
17 077
6 781
5 718
1.063
17 061
6 825
5*747
1.078
321
57, 570
27 210
15, 802
7 9^l\
7 310
7 noo
7 194.
5 410
5 334
5 387
5 287
1 821 1 809 1 846 1 838
7,276
7,124
7,212
7,167
3 910
3 811
3 847
3 785
1 084 1 090 1*103
l'l!7
433
425
*431
417
17 078
6 856
5 776
1.080
seas, adj., back to 1960. Revisions are available as follows: Commercial bank credit—
1948-63, in the June 1964 Fed. Res. Bulletin; consumer credit—1962 unadj., in the Nov. 1963
Fed. Res. Bulletin; 1960-62 seas, adj., on p. 28 of the June 1964 SURVEY.
©Adjusted to
exclude interbank loans.
§ For bond yields, see p. S-20.
*New series (FHLBB); data prior to Dec. 1962 not available.
IData are as of end of
consecutive 4-week periods ending in month indicated, except June figure which is as of June
30 (end of fiscal year).
SUEVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
| 1964
Monthly
average
November 1965
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FINANCE—Continued
CONSUMER CREDIT*— Continued
Total outstanding, end of year or month— Con.
Noninstallment credit— Continued
Charge accounts, total
mil. $-. 15,871 16,300
1895
1909
Department stores
do
1 4, 456 14,756
Other retail outlets
do
1635
Credit cards
do---. 1520
i 4, 315 i 4, 640
Installment credit extended and repaid:
Unadjusted:
Extended total
do
Automobile paper
do
Other consumer goods paper
do
All other
do
Repaid total
- - do
Automobile paper
do
Other consumer goods paper
do
All other
- do
Seasonally adjusted:
Extended total
do_
Automobile paper
do
All other
Repaid total
do
do
All other
5,506
1,964
1, 597
1,945
5,035
1,770
1, 469
1,796
do
5,352
660
4,055
637
4,417
5,394
703
4,065
626
4,480
6,300
909
4, 756
635
4,640
5,724
793
4,280
651
4,667
5,154
660
3,857
637
4,782
4,977
601
3,743
633
4,802
5,210
626
3,942
642
4,864
5,453
647
4,142
664
4,809
5,528
627
4,218
683
4,793
5,534
591
4,217
726
4,762
5,498
595
4,149
754
4,738
5,496
647
4,078
771
4,726
5,393
1,830
1,592
1,971
5,002
1,786
1,469
1,747
5,552
1,999
1,657
1,896
5,172
1,871
1,481
1,820
5,323
1,727
1,672
1,924
5,064
1,783
1,463
1,818
6.767
1,992
2,404
2,371
5,455
1,838
1,532
2,085
5,023
1,836
1,440
1,747
5,078
1,783
1,539
1,756
5,007
1,915
1,338
1,754
4,986
1,746
1,558
1,682
6,173
2,382
1,619
2,172
5,748
2,062
1,659
2,027
6,480
2,496
1,614
2,370
5,465
1, 944
1,502
2,019
6, 189
2,384
1,682
2,123
5, 253
1,890
1,509
1,854
6,780
2,608
1,804
2,368
5, 729
2, 032
1,611
2,086
6, 429
2,465
1,755
2,209
5,610
1,979
1,604
2,027
6,394
2,343
1,769
2,282
5,610
2,021
1,604
1,985
5,992
2,039
1,828
2,125
5, 539
1,977
1,612
1,950
5,617
2,024
1,588
2,005
5, 104
1,802
1,491
1,811
5.068
1, 834
1, 417
1, 817
4,593
1,613
1,320
1, 659
5,223
624
3,928
671
4,472
5,507
1,924
1,582
2,001
5,097
1,788
1,456
1,853
5,456
1,858
1,631
1,967
5,155
1,818
1,509
1,828
5,816
2,043
1,719
2,054
5,256
1,864
1,505
1,887
5,883
2,120
1,729
2,034
5,213
1,830
1,526
1,857
6,022
2,228
1,760
2,034
5,381
1,897
1,632
1,852
6,030
2,229
1,698
2, 103
5,393
1,924
1,567
1,902
6,189
2,272
1,645
2,272
5,445
1,936
1,487
2,022
6,105
2,215
1,728
2, 162
5,435
1,940
1,564
1,931
6,139
2, 250
1,717
2,172
5, 537
1,960
1,587
1,990
6,278
2,301
1,792
2,185
5,612
1,972
1,612
2,028
6,288
2,313
1,794
2, 181
5,679
2,030
1,658
1,991
6,331
2, 324
1,834
2,173
5,648
1,996
1,629
2, 023
11,739
9,400
2,339
4,344
10, 317
-5,973
9,716
9.398
318
10, 256
6,387
10, 882
9,109
-626 -2, 722
11, 227
9, 606
1,621
13, 065
9,566
3,499
10,492
10, 476
16
11,857
10, 567
1,290
15, 306
4,981
11, 535
9,696
3,771 -4,714
11, 595
12,299
-705
12, 599
11, 090
1,509
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the publicicT
Receipts from
Payment^ to
Excess of recefpts, or payments (— ).~
Seasonally adjusted quarterly totals: §
Receipts.
..
_
Payments.
...
_
Budget receipts and expenditures:
Receipts total
Receipts netf
Customs
Individual Income tsxes
Corporation income taxes
Employment taxes
Other internal revenue and receipts
Expenditures totai^f
Interest on public debt
Veterans' benefits and services
National defense
'
All other expenditures
Public debt and guaranteed obligations:
Gross debt (direct), end of mo., total..
mil. $
do
do
9,381
9,763
' -381
9,586
10, 028
-442
••28,220
30, 188
'-1,968
do
do
28, 708
29, 822
-1,114
11,766
10, 072
122
4,924
3,950
1,148
1,621
8,450
927
489
4,198
2,842
4,275
3,398
126
1,423
572
479
1,676
8,329
923
467
4,233
2,716
8,972
7,037
124
5,068
449
1,491
1,840
7,051
917
366
3,997
1,780
bil. $.. 1309. 35 i 317.94
315. 61
315. 64
i 313.55
1267.48
i 14.36
146.08
14.39
311. 12
263. 76
14.30
47.37
4.49
311. 22
264. 96
14.10
46.26
4.42
do
do
do
do
do
do
do
do
do
- do
do
do
Interest bearing, total
do
Public issues..
_ _
do
Held by U.S. Qovt. in vestment accts. do
Special issues
do
Nontnterest bearing
do
Guaranteed obligations not owned by U.S. Treasury, end of month
bil. $_
U.S. savings bonds:
Amount outstanding, end of month _ do
Sales, series E and EL
do
Redemptions
do
9,523
7,293
105
4, 525
1, 897
1, 346
1, 650
7, 849
852
439
4, 414
2, 189
1305.21
1261.56
1 14. 14
i 43. 66
M.13
1.74
9,769
7,391
113
4,361
2,087
1,426
1,782
8,079
920
457
4,355
2,422
1.81
i 49. 03 i 49. 89
.38
.40
.44
.42
30, 454
32, 737
32, 255
482
29, 883
30,086
-203
11, 582
7,268
128
6,067
520
2,861
2,007
8,116
955
450
4,317
2,486
p 15,495
" 13,377
"145
"5,314
f 6, 596
p 1,407
"2,033
"9,081
"997
"476
"4,906
"2,746
316. 56
319. 22
317. 27
312. 21
267. 81
14.63
44.40
4,35
314. 17
266. 33
14.70
47.83
5.05
313. 11
264.46
14.59
48.65
4.16
10, 025
8,856
125
3,398
3,953
779
1,769
8,770
955
495
4,473
2,866
6,329
5,642
76
3,688
607
399
1,560
7,676
966
450
3,987
2,349
11, 329
7,518
106
6,174
473
2,810
1,765
7,146
933
478
3,835
1,940
14, 517
11, 188
155
4,135
6,759
1,459
2, 009
8,139
961
459
4,497
2,224
11,423
8,549
139
6,943
1,187
1,311
1,843
8,268
948
452
4, 351
2,526
318. 49
317. 94
317.98
319. 88
317.70
314. 02
267. 36
14.33
46.66
4.46
313. 55
267. 48
14.36
46.08
4.39
313. 68
269. 44
14.68
44.24
4.31
315. 54
269.98
14. 67
45.57
4.34
313.33
267. 67
14. 85
45.66
4.36
-1, 824
5,070 10, 586
7,350
3,807
145
137
1, 661 5,540
482
727
2,501
629
1,918
1,915
8,990
7, 240
966
1,000
483
210
3,848 r 4, 372
2,261 r 3, 261
12, 640
10, 999
159
5,422
4,236
1,120
1,703
9,452
966
474
4,532
3,481
316.58
318.24
316. 75
318. 90
312. 20
264. 41
14.39
47.79
4.38
313.90
264. 12
14. 92
49.78
4.34
312. 36
264. 29
15.40
48.07
4.39
314. 56
267. 60
46.96
4.34
.89
.82
.83
.81
.66
.69
.72
.66
.61
.59
.47
.50
.52
.49
49.63
.36
.43
49.70
.37
.41
49.81
.35
.36
49.89
.37
.43
49.94
.43
.53
50.01
.39
.45
50.06
.41
.49
50.08
.39
.49
50.11
.36
.43
50.15
.36
.46
50.23
.39
.46
50.26
.37
.46
50.28
.34
.45
50.36
.37
.41
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies §
bil. $_. 1141 12 1149.47 147. 17 147. 98 148. 75 149. 32 150. 39 151. 03 151. 66 152. 27 152. 92 153. 50 154. 42
Bonds (book value) , domestic and foreign ,
69.16
total
bil $ i 66. 08 i 67. 96 67.82
68.04
68.17
69.63
69.12
67.97
68.54
68.73 68.74
68.85
5.79
5.77
5.27
5.70
U S. Government
do
5.56
5.49
5.31
1-5.81 i 5,59
5.51
5.76
5.72
5.52
3.72
13.85 13.77
3.85
3.87
3.84
State, county, municipal ( U S )
do
3.65
3.79
3.75
3.81
3.80
3.82
3.77
16. 44
16. 35
16.17
Public utility (U S )
do
16.33
16.21
i 16. 44 i 16. 32
16.25
16.18
16.29
16.27
16.26
16.25
Railroad ( U S )
do
3.40
3.32
13.35 13.31
3.38
3.34
3.38
3.31
3.36
3.34
3.32
3.35
3.33
32.31 32.62
32.77 32.93 33.26 33.42 33.57 33.69 34.03 34.32 34.77
Industrial and miscellaneous (U.S.)
do
i 31. 21 i 33. 14
Stocks (book value), domestic and foreign, total
bil. $_. 17.14 17.94
6.20
6.74
6.24
6.31
6.75
6.67
6.61
6.39
6.52
6.46
6.62
Preferred (U.S.)_j_______
do
2.54
12.31 12.51
2.55
2.56
2.64
2.69
2.68
2.61
2.58
2.60
2.57
2.63
Common (U.S.).
___
do
3.55
3.94
3.96
14.72 15.30
3.64
3.58
3.89
3.93
3.82
3.71
3.77
3.88
Mortgage loans, total
do
53.56
57.38 57.66
53.98 54.40 55.18
1 50. 54 i 55. 15
57. 00
55.63 55.94 56.34
56.69
Nonfarm
_
do
49.37
53.04
52.81
146.75 i 50. 85
49.76 50.15 50.88
51.92
52.48
51.31 51.59
52.21
Real estate
±
do
4.49
4.61
4.64
14.32 14.53
4.57
4.58
4.50
4.51
4.52
4.53
4.54
4.57
Policy loans and premium notes
do
7.02
7.41
7.46
7.06
7.09
16.66 17.14
7.36
7.26
7.13
7.20
7.16
7.31
Cash
"" "do
1.28
1.23
1.28
1.28
1.39
11.47 11.49
1.24
1.44
1.32
1.19
1.25
1.20
Other assets
do
6.80
6.97
7.00
6.88
7.00
14.92 15.26
6.87
6.91
6.68
6.75
6.84
7.02
Payments to policyholders and beneficiaries in
U.S., total
mil $
882.3 898.8 803.8 1, 179. 3 918.5 842.3 1, 059. 2
911.6
835.7 896.5
922.0 • 878.5 950.2
Death payments
do
372. 9
375.3 342.6 432. 8 389.2 363.7
374.3 399.3 388.0
350.7 377.8
468.3
398.6
Matured endowments
do
74.9
73.5
77.5
75.2
75.2
79.2
80.9
67.4
86.7
71.1
75.6
91.9
82.0
Disability payments
do
13.4
13.7
12.4
12.3
12.6
12.7
14.8
17.6
15.7
12.9
13.5
12.7
12.9
Annuity payments.
_
do
75.1
80.1
77.1
78.2
84.6
77.1
81.2
89.0
101.9
84.2
81.5
88.5
83.5
Surrender values.....
do
149.1
152.8
149.6
157.1
143.8
136.0
162.9
173.0
163.1 143.4
183.6
162.1 165.2
Policy dividends..^.....
do
180.4
197.5
195.5
211.6
160.3 395.2
169. 9
203.3 198.5
164.1 162. 7
211. 2
182.9
f
F
Revised.
" Preliminary.
i End of year; asse ts of life nsuranc 3 compan ies are aiinual
IDa ta for ne t receipt 3 and tot al expemlitures r<iflect exc lusion oi
statement values.
JSee similar note on p. S-17.
cfOth jr than 1:>orrowin
action s.
§Revisions available upon request are as follows- Net cas h trarjsa ctions wig. the public
th
(seas, adj.), 1962-2d qtr. 1964; assets all life insuran ce cos., ] 963-Majf 1964.
155. 19
69.82
5.32
3.61
16.17
3.30
34.98
6.80
2.68
4.00
58.02
53.36
4.65
7.51
1.31
7.09
935.5
400.4
67.9
12.5
85.5
158.8
210.4
certain interfund trans-
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963 j 1964
Monthly
average
S-19
1965
1964
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
7 986
5,890
1,478
618
9 929
7,313
1,961
655
9 092
6,871
1,595
626
8 914
6,674
1,549
691
9 435
7,003
1,799
633
8 569
6,439
1,535
595
Oct.
FINANCE—Continued
LIFE INSURANCE-CoHtlnnecl
Life Insurance Agency Management Association :
Insurance written (new paid-for insurance) : t
do
do
do
Ordinary
Group and wholesale
Industrial
7 464
5,293
1,574
596
8,747
6,605
1, 537
605
9,663
6, 656
2, 423
584
do
do
do _«_
1, 134 ' 1, 199 ' 1, 135 ' 1, 191 ' 1, 190 ' 1, 431 ' 1, 208 ' 1, 159 ' 1, 308 '1 204 ' 1, 218 '1,223 '1,254 ' 1, 222
915
'924
"•897
'994
'930
'954
847
'903
'899
'920
'987
'878
'914
'847
204
185
'188
'195
194
'222
181
209
169
'182
180
'180
'186
'188
103
116
'106
105
117
'222
105
'98
111
'107
101
'106
'100
'102
1,191
898
193
100
Premiums collected :J
Ordinary
Group and wholesale
Industrial
-
8 734
6,077
2, 047
609
8 114
5,724
1, 793
597
8 405
6, 309
1,454
642
10 067
6,327
3,090
650
12 359
6,896
4, 936
527
7 752
5,477
1,722
553
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end ofyr.ormo.).mil. $.. 115, 513
-21
Net release from earmark §
do
Exports
thous. $ 16, 982
3,701
Imports
_____do
2 112. 5
80.0
South Africa
do
11.6
Canada
do
4.3
United States
do
Silver:
3,480
Exports
thous $
5,910
Imports
-- do
Price at "New York _
__dol. perfineoz__ 1.279
Production:
2,487
Canada
thous fine oz
3,286
Mexico
do
3,843
United States
do
U5,388 15,463 15, 461 15,386
21
3
31
35
35, 229 28, 230 56,453 28, 187
3,407 2,362 2,221 9,704
15, 388 15,185 14,937
—26
-173
-69
28, 197 49, 276 95, 766
9,902 2, 170 2,062
14, 563
-247
22, 304
2,128
14, 410 14, 290 13, 934 13,857 13, 857 13, 858
142
43
124
99 -157
13
58, 637 267,956 126, 407 159, 947 08,028 126,324
1,539
1,779 2,465 1,562 2,153 17, 794
13, 857
2 116. 2
85.0
11.1
4.3
88.2
10.9
89.9
11.5
88.0
11.5
84 2
10.8
87.4
10.8
85.3
9.8
86.8
10.8
88 0
11.3
89.2
10.4
90.1
10.8
90.8
10.0
^
91.0
10.5
12, 010
5,526
1.293
13, 388
3,400
1.293
33, 949
5,703
1.293
23, 628
6,252
1. 293
23, 621
4,956
1.293
5,023
4,716
1.293
8,280
5,278
1.293
4,476
2,760
1.293
9,273
4,364
1.293
2,101
3,763
1.293
848
3, 917
1.293
4,199
5,716
1.293
1,534
6,104
1.293
2,526
3,476
3,823
2,635
3,784
4,200
2 382
3,440
3,141
2 594
4, 017
2,844
2,963
3,379
4,522
2 577
2 981
3,445
2 299
2*432
4* 035
*> 358
4 180
4,452
5 302
4 932
1 293
o 379
2 632 '2 884
4 599
3,527
3 418
139.6
38.2
38.4
39.2
39.6
38.5
38 6
38 8
38 8
39 2
39 7
39 9
40.2
40.4
Money supply and related data (avg. of daily fig.) :%
Unadjusted for seas, variation:
Total money supply
bil. $ 3 150. 6 3 156. 3
331.5 333.5
Currency outside banks
.do
3 119. 0 3 122. 8
Demand deposits '
do
3 105. 5 3 119. 4
Time deposits adjusted^
_ __
do
35.8
U.S. Government demand deposits
do____ 35.9
157.1
33.9
123.2
122.0
6.5
159.0
34.1
124.9
123.4
5.5
160.7
34.6
126.1
124.1
5.8
164.0
35.0
129.1
125.2
5.5
164.4
34.4
130.1
128.3
4.2
159 5
34.2
125 3
130 8
5.7
159.0
34.3
124 6
132.7
6.7
161 6
34.5
127 1
134 0
5.6
157. 6
34.6
123 0
135.4
9.7
159 6
34.9
124 6
136 6
9.3
160.9
35.4
125 6
138 3
9.1
160.5
35.5
125.0
140.2
7.4
163.2
35.6
127.5
141.4
5.6
165.8
36.0
129.8
143.5
5.0
158 2
33 9
124.3
122 1
158 8
34 0
124.8
123 5
159 1
34 2
124 8
125 1
159 7
34 2
125. 4
126 6
160 0
34 5
125 5
128 8
159 7
34 7
125 1
131 0
160 3
34 7
125 6
132 1
161 1
34 7
126 4
133 5
160 0
34 9
125 1
134 6
161 8
35 0
126 8
135 9
162 5
35 2
127 3
137 6
162.7
35.4
127.3
140.1
164.3
35.6
128.7
141.6
165 6
35 9
129.6
143 6
44 3
88.5
32.9
41 4
29.2
44 6
89.8
32 8
40 9
29 3
45 1
91.3
45 5
90.7
33.4
41 7
30.0
46 3
94 8
33.8
42 8
30 0
47
96
34
44
30
47 9
96 9
35.4
44 8
31 2
48 4
100 0
35 2
44 5
31 9
47 0
96 0
34 7
44 3
30 6
50 9
107.0
36.3
45.5
32.2
49 3
104.9
35.1
44.4
31.1
48.4
99.4
35.5
44.9
31.7
47.2
95.4
35.3
44.1
31.4
2,842
2,321
3,029
Currency in circulation, end of yr or mo
bil $
*37.7
Adjusted for seas, variation:
Currency outside banks
Demand deposits
Time deposits sdiustedK
do
- do
do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted: f
Total (225 ^MSA's) ratio of debits to deposits
New York SMS A
do
Total 224 SMSA's (except N.Y.)
do
6 other leading SMSA'scf
do
218 other SMSA's
do
oo o
41 0
29 5
1
1
6
3
5
1. 293
2 542
PROFITS AND DIVIDENDS (QTHLY.)
Manufacturing corps. (Fed. Trade and SEC) :
Net profit after taxes, all industries. _ _ _ _ mil. $ 4 4, 871 4 5, 803
4362
4423
Food and kindred products....
-do
4
88
4127
Textile mill products
__
_ __do
Lumber and wood products (except furniture)
462
mil. $
478
Paper and allied products... _ _ ___ do
4158
4188
4
Chemicals and allied products.
do___
4714
607
4
Petroleum reflnine:
do __
958 4 1, 024
S tone , clay , an d glass products
__ __do
4 148
4170
4
Primary nonferrous metal
--do__
141
4 190
4
Prlmarv iron and steel
do
234
4306
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil. $
4167
4210
Machinery (except electrical)
do
4358
4500
4
Elec. machinery, equip., and supplies
do___
4325
378
Transportation equipment (except motor
vehicles, etc.)
_ __ mil $
4111
4136
Motor vehicles and equipment
do
4702
4640
4554
All other manufacturing industries _ _ do
4510
Dividends paid (cash), all industries
do
42,467 42,702
Electric utilities, profits after taxes (Federal Re4
4
serve)
__
._
mil. $
547
596
Transportation and communications (see pp S-23
andS-24).
5,670
487
155
6,299
464
159
6 232
*409
151
7,215
454
166
94
180
707
948
227
163
283
66
218
755
1,164
167
221
355
ec
185
731
1 061
83
235
388
93
216
853
1 088
220
270
411
238
526
372
225
506
456
244
500
406
325
689
455
142
390
757
143
651
749
147
985
651
187
1 057
730
2,395
3,405
2 658
2,942
583
600
719
597
SECURITIES ISSUED
Securities and Exchange Commission: J
Estimated gross proceeds, total
mil. $
By type of security :
Bonds and notes, total
_
do
Corpora te__
do
Common stock
_
do
Preferred stock. _
_
__do
4,631
3,339
2,836 2,392 2,701 4,579
823
905 1 069
675
I DO
AO
990
OK
100
25
23
9
29
34
/»nn?£l£e™- !Sn^ i°f ^ear< , J Estimated; excludes U.S.S.R., other Eastern European
countries, China Mainland, and North Korea.
» Average of daily figures. 4 Quarterly average.
•
3,196
1 662
2,635
3,093
2,548
2,914
2,521
906
j ™ i f t
•.
.
.
,
.
and Feb . 1964. Revisions back to 1947 for money supply and related data are available in the
2,333
3,997
3,003
3, 050
3,160
4,297
2,860 2,887 2,712 3,988 2,722 2,230 2,861
1 215 1 070 1 324 1 729 1 2,58
807 1 370
•jqn
77
Q4
SJ.
7fi
127
384
154
78
82
35
65
155
43
60
13
49
' 47
24
92
July 1965 and June 1964 editions of Fed. Res. Bulletin; these revisions result from adjustments
to new benchmarks and from revisions of seasonal factors.
§0r increase in earmarked gold (—). ^Time deposits at all commercial banks other than
those due to domestic commercial banks and the U.S. Govt.
fRevised series; data prior to
1964 not available. 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.
2,202
727
3,842
637
SURVEY OF CURRENT BUSINESS
S-20
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1965
1964
1964
Monthly
average
November 1965
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FINANCE—Continued
SECURITIES ISSUED-Continued
Securities and Exchange Commission t~ Continued
Estimated gross proceeds— Continued
By type of Issuer:
Corporate, tota!9 .—.mil. $—
M! antif acturln g
do
Extractive (mining)
do
Public utility
—
.- do ___
Railroad
_ __
do
Communication
do
Financial and real estate
-do _ _ _
1, 020
295
18
222
36
91
260
1,226
272
87
338
28
21
355
1,036
270
58
339
16
89
199
727
229
23
47
15
21
213
1,805
637
52
205
29
34
619
858
412
11
120
26
22
189
791
212
7
230
39
45
220
1, 358
555
14
289
47
.30
248
1,233
562
75
212
21
18
251
1,773
735
20
275
24
145
373
2,038
484
14
195
16
99
1,045
1,379
474
30
227
27
154
185
898
345
9
304
13
29
137
1,538
435
25
365
26
202
343
1,615
601
842
1,930
888
879
1,323
358
952
1,878
367
816
3,904
3,242
566
1,534
373
1,097
1,475
433
811
3,205
2,129
933
1,646
413
1,003
1, 817
390
971
1,387
356
1,020
2,260
362
1,000
1,463
388
1,055
1,423
371
718
1,490
342
984
1,007
Noncorporate, total 9
do
U S Government
do
State and municipal
- _ do
New corporate security issues:
Estimated net proceeds, total
--do
Proposed uses of proceeds:
New money total
--do
Plant and eoulpment
do
Working capital
do
Retirement of securities
_
do
Other purposes
.--do
State and municipal issues (Bond Buyer) :
Long-term
—
do___.
Short-terrn
.do
1,163
254
35
230
28
182
321
1,149
1,212
1,019
720
1,787
850
779
1,343
1,214
1,746
2, 018
1,363
887
1,523
749
450
299
127
130
936
584
352
63
150
807
477
329
82
323
.754
541
213
67
199
553
243
310
51
116
1,322
621
701
145
320
700
410
290
54
95
687
443
244
33
59
1. 039
667
372
146
157
939
680
260
61
213
1,560
993
566
55
132
1,665
651
1,014
72
281
1,119
629
490
134
110
751
522
229
70
66
.1,249
797
452
130
143
842
457
879
452
952
540
816
446
566
354
1,097
296
811
424
933
533
1,003
518
971
1,046
1,020
652
1,000
489
1,055
494
718
680
'984
'543
U88
mil.$.. i 461
i 5, 541 * 5, 101
dp
i 1, 210 i 1, 169
do
i 4, 481 i 4, 132
do
456
5,241
1, 145
4,231
475
5,205
1,155
4,155
498
5,181
1,131
4, 135
488
5,101
1, 169
4,132
519
5,019
1,207
3,940
488
5,038
1,254
3,880
501
5,085
1,264
4,000
489
5,096
1,207
4,066
477
5,154
1,208
4,187
'515
5,139
1,297
4,436
491
4,887
1,233
3,676
491
4,908
3,771
539
5,016
1,369
3, 609
807
397
SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members Carrying
Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)..
Customers' free credit balances (net).
Money borrowed
r 1, 192
Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility, and railroad (Al-f- issues) :
Composite cf
dol . per $100 bond- _
Domestic municipal (15 bonds). —
do
U.S Treasury bonds, taxablef
•- do
Sales:
Total, excl. U.S. Government bonds (SEC) :
All registered exchanges:
Market value
mil $
Face value
- do
New York Stock Exchange:
Market value
do
Face value
_
do
New York Stock Exchange, exclusive of some
stopped sales, face value, total-—
mil. $~
Yields:
Domestic corporate (Moody's)___.
percent..
By ratings:
Aaa __
__
_
_
do
Aa
do
A
do
Baa
do
By groups:
Industrial
do
Public utility
do
Railroad
_ _
do
Domestic municipal:
Bond Buyer (20 bonds)
do
Standard & Poor's Corp. (15 bonds)
do— _
U.S. Treasury bonds, taxable©.-
96.8
111. 3
95.1
111.5
95.1
111. 0
95.1
110.9
95.2
112.0
95.3
112.6
95.5
114. 0
95.5
113.3
95.2
112.0
95.0
112.2
94.7
111.9
94.3
110.8
93.9
110.8
93.5
111.0
92.8
109.3
92.7
108.4
86.31
84.46
84.31
84.37
84.81
84. 65
84.56
84.40
84.48
84. 53
84.58
84.57
84.51
84.00
83.27
82.97
145. 04
137. 82
240. 21
220. 06
221. 98
211. 69
239.88
218. 21
204.06
193.97
211. 88
200. 92
204. 50
194. 12
215. 95
195. 74
321. 07
295. 71
261. 23
257. 53
240. 82
220. 36
303. 79
278. 99
265. 58
248. 19
294. 76
256. 23
398. 73
332. 00
138. 94
132. 17
231. 90
211.86
212. 29
201. 31
227. 75
206. 52
189. 71
180. 23
203. 14
192. 02
195. 35
185. 17
203. 26
185. 24
305.46
282.15
251. 67
248. 48
230. 16
210. 27
287. 04
262. 56
253. 01
235. 86
282. 80
245. 19
389. 95
323. 26
123. 61
222. 93
179. 45
193.49
196. 84
215. 30
258. 65
214. 56
207.90
271. 92
191. 64
244.98
307. 79
4.57
4.57
4.58
4.58
4.57
4.55
4.56
4.56
4.57
4.60
4.64
4.65
4.69
4.40
4.49
4.57
4.83
4.42
4.48
4.55
4.82
4.42
4.49
4.55
4.81
4,43
4.49
4.57
4.81
4.44
4.50
4.58
4.81
4.43
4.48
4.57
4.80
4.41
4.46
4.54
4.78
4.42
4.48
4.54
4.78
4.43
4.48
4.54
4.80
4.44
4.49
4.55
4.81
4.46
4.52
4.58
4.85
4.48
4.56
4.62
4.88
4.49
4.59
4.65
4.88
4.52
4.63
4.69
4.91
4.42
4.41
4.65
4.52
4.53
4.67
4.52
4.53
4.65
4.53
4.52
4.66
4.53
4.53
4.67
4.54
4.54
4.68
4.53
4.52
4.66
4.52
4.51
4.62
4.52
4.51
4.63
4.54
4.51
4.64
4.55
4.53
4.64
4.59
4.56
4.66
4.62
4.58
4.71
4.63
4.60
4.73
4.65
4.64
4. 77
3.18
3.23
3.20
3.22
3.26
3.25
3.23
3.26
3.18
3.18
3.12
3.15
3.04
3.06
3.17
3.10
3.16
3.18
3.15
3.17
3.20
3.19
3.30
3.26
3.25
3.26
3.29
3.25
3.41
3.36
3.40
3.42
4.00
_— _do
205. 15
4.57
4.26
4.39
4.48
4.86
.
210. 38
4.50
4.15
4.16
4.16
4.12
4.14
4.14
4.16
4.15
4.15
4.14
4.14
4.15
4.19
4.25
4.27
290.84
Stocks
Cash dividend payments publicly reported:
Total dividend payments
._.
mil. $__ 216,188 217,682 2, 517. 5 1,211.7
Finance
Manufacturing..
Mining. __
Public utilities:
Communications
Electric and gas
Railroads. _
Trade __
__—
Miscellaneous
:
do
do
do
do
do
do
do
_ do
22,487
28,510
2
582
2
2
2
2, 805
273.9
9, 298 1,625.2
2601
111.0
613.3 2, 622. 9 1,243.8
487.4 2, 863. 7 1, 279. 3
507.0 2,735.1 1,332.8
246.4
385.3
17.5
493.1
125.8
175.8 2, 282. 9
183.0
3.2
374.8
408.1
20.0
214.1
259.6
175.5 1, 725. 4
3.6
117.5
267.5
391.2
18.4
106.5
251.2
179.8 1, 951. 0
3.2
121.2
270.8
399.6
19.4
305.6
114.6
189.5 1, 762. 3
121.4
.9
277.0
430.9
20.8
315.8
153.3
24.8
84.3
25.9
488.5 3, 520. 3 1,385.2
1, 456
21,900
2377
2642
2232
2 1, 573
22,036
2422
2680
2268
109.9
230.1
65.7
66.2
35.5
292.1
144.7
31.8
71.7
22.2
2.7
140.7
6.5
23.0
10.8
112.6
236.9
96.8
71.2
43.8
290.8
146.1
19.1
102.1
24.2
2.0
151.4
9.1
45.5
12.1
111.8
233.9
69.8
67.3
37.6
292.4
152.2
25.7
74.2
22.2
2.0
150.2
5.9
27.4
12.4
114.8
241.9
70.7
74.3
38.6
311.9
151.5
21.5
81.6
23.0
2.3
150.5
9.1
28.6
11.5
114.4
245.2
70.3
76.0
39.9
6.42
6.98
3.21
3.50
4.46
5.84
7.05
7.70
3.43
3.81
4.57
6.00
7.05
7.70
3.48
3.91
4.55
6.12
7.12
7.77
3.49
3.96
4.55
6.12
7.32
8.06
3.49
4.00
4.61
6.12
7.37
8.10
3.68
4.03
4.68
6.22
7.44
8.20
3.73
4.03
4.80
6.22
7.47
8.24
3.73
4.03
4.80
6.22
7.48
8.24
3.80
4.03
4.92
6.25
7.48
8.25
3.80
4.03
4.92
6.25
7.54
8.38
3.80
4.00
4.92
6.31
7.55
8.38
3.83
4.04
4.92
6.31
7.57
8.41
3.84
4.04
4.92
6.31
7.59
8.42
3.88
4.07
4.92
6.31
7.63
8.47
3.90
4.08
4.92
6.31
do_— _ 202. 32 235. 08 242.73 243. 14 241. 05
do
218. 24 258. 55 268. 38 269.08 268.83
do
102. 79 108. 76 112. 67 115. 11 115. 62
do
78.49
94.01
98.13 102. 41
95.95
' Revised.
1 End of year.
2 Annual total.
^Revisions for 1961-62 will be shown later.
9 Includes data not shown separately.
cf Number of bonds represented fluctuates; the change in the number does not affect the
continuity of the series.
242. 99
270. 21
115. 54
92.59
250. 34
280. 74
119. 00
95.52
248. 21
278. 19
118. 81
94. 62
245. 38
274.90
118. 85
94.16
253.28
287. 13
119. 57
94.11
249.78
282. 16
118. 21
90.22
238.93
269. 18
114. 22
86.23
242. 16
273. 38
114. 76
90. 93
246.50
279.07
115.46
94.36
254. 52
290.30
116.95
95.11
_
_
Dividend rates and prices, common stocks
(Moody's):
Dividends per share, annual rate, composite
dollarsIndustrials .
do
Public utilities
do
Railroads. __
_
_
do
N.Y. banks _ _
do
Fire insurance companies
do
Price per share, end of mo., composite
Industrials
_
Public utilities. _ _ _ _
Railroads
_
fPrlces are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 years or more.
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963 | 1964
Monthly
average
S-21
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
3.05
3.00
3.20
4.28
3.33
2.59
2.95
2.87
3.18
4.28
3.24
2.51
3 02
2.97
3.21
4 43
3.39
2 70
June
July
Aug.
Sept.
Oct.
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody's):
Yields composite
percent __
Industrials
- do _
Public utilities
_ _ . _ ___do_
Railroads
do
N Y banks
_do_-_
Fire insurance companies
do_- -
3.17
3.20
3.12
4.46
3.15
2.51
3.00
2.98
3.15
4.05
2.97
2.50
2.90
2.87
3.09
3.98
2.76
2.52
Earnings per share (indust., qtrly. at ann. rate;
pub. util.andRR., for 12 mo. ending each qtr.):
U2.43 i 14. 39
Industrials
dollars
i 4.99 15.41
Public utilities
do
16.29 16.97
Railroads
do
12.60
5.26
7.26
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)....
..percentPrices:
Dow-Jones averages (65 stocks)
Industrial (30 stocks)
_
Public utility (15 stocks)
Railroad (20 stocks)
Standard & Poor's Corporation:^
Industrial, public utilitv, and railroad:
Combined index (500 stocks)
1941-43=10..
4.30
253. 67
714. 81
138. 36
165. 30
O QQ
2.89
3.03
3.87
2.89
2.56
3.03
3.00
3.19
4.35
2.99
2.62
2.97
2.92
3.13
4.22
3.08
2.56
3.01
2.96
3.14
4.26
3.25
2.55
15.90
5.51
6.79
15.96
5.41
6.97
4.25
4.25
294.23 305. 85
834. 05 863. 55
146. 02 151.85
204. 36 214. 44
311. 73
875.26
153. 93
222. 00
4.32
2.95
3.00
3.02
4.17
2.93
2. 60
4.25
311. 04
880. 04
154. 33
217. 16 ,
4.23
4.18
304. 50
866. 73
154. 49
206. 46
311. 84
889. 89
158.09
210.34
4.22
4.26
3.16
3.11
3.35
4.69
3.51
2.84
3.13
3.08
3.35
4.44
3.38
2.86
3.08
3.02
3.36
4.31
3.25
2 90
3 00
2.92
3.33
4 29
3.17
2 94
4.38
4.34
4.32
4.38
303. 66 312. 37
873. 43 887. 70
155.71 155. 44
199. 51 214. 21
321. 61
922. 18
157. 51
218. 86
330. 89
944. 77
157. 19
231. 09
17 20
5.68
6.91
4.28
4.30
4.38
313. 79 315. 14 317. 55
894. 41 896. 44 907. 71
161.31 161. 61 162. 25
210.01 212. 26 212. 19
319. 93
927. 50
161 35
209. 18
302. 72
878. 06
154.93
195.79
69.87
81.37
83.41
84.85
85.44
83.96
86. 12
86.75
86.83
87.97
89.28
85.04
84.91
86.49
89.38
91.39
73.39
Industrial, total (425 stocks) 9
do
Capital goods (122 stocks).
do_... 63.30
62.28
Consumers' goods (188 stocks). _..__do
64.99
Public utility (50 stocks)
do _
37.58
Railroad (25 stocks)
_
do
Banks:
36.75
New York City (10 stocks). ..__
do
Outside New York City (16 stocks) .._.do_._. 74.81
63.38
Fire and casualty insurance (22 stocks)!- -do
86.19
76.34
73.84
69.91
45.46
88.27
77.97
77.74
72.07
47.14
89.75
79.13
79.08
73.37
48.69
90.36
78.97
79. 18
74.39
48.01
88.71
77- 24
77.58
74.24
45.75
91.04
80.19
79.69
75.87
46.79
91.64
82.52
80.74
77.04
46. 76
91.75
83.62
81.50
76.92
46.98
93.08
84.85
83.78
77.24
46.63
94.69
86.35
85.21
77.50
45.53
90.19
81.62
80.04
74.19
42.52
89.92
80.54
78.80
74.63
43.31
91.68
83.25
80.23
74.71
46.13
94.93
86.91
82.34
76.10
46.96
97.20
90.28
83.90
76. 69
48.46
39.64
77.54
67.20
41. .60
77.48
68.46
41.75
80. 50
67.99
41.61
81.20
66.82
40.08
76.08
66. 14
40.40
75.13
66.80
39.43
73.30
68.47
38.96
71.13
68.26
40.00
71.81
69.49
38.91
71.23
67.67
37.17
68.47
62.54
38.18
70.22
60.95
38.96
70.98
60.73
40. 43
72.74
60.79
39.68
71.68
58.58
6,012
170
5,823
168
6,245
185
5, 195
155
5,773
170
5,959
179
6,330
182
7,198
217
6,696
199
6,580
198
6,911
187
5,655
154
5,951
163
7 993
222
5,035
124
4,914
120
5,268
131
4,371
108
4,872
121
4,918
127
5,291
131
5, 979
152
5, 508
136
5,366
133
5,819
136
4,783
116
4,937
120
6 662
165
103
no
107
94
104
109
112
125
119
110
128
85
109
155
164
454. 14
8,732
472.02
9,010
476. 39
9,095
472. 15
9,136
474. 32
9,229
491. 85
9,292
493.48 490. 25 506. 58
9,336 9,481 9,516
503 54
9,647
478 83
9,785
487. 85
9,829
500 62
9,863
517 67
9,931
532 83
9,984
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
5,359
Market value
mil $
153
Shares sold
millions. _
On New York Stock Exchange:
Market value
. __ mil. $__ 4,574
113
Shares sold (cleared or settled)
millions..
Exclusive of odd-lot and stopped stock sales
96
( N Y S E ; sales effected)
millions
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value, all listed shares .
...bil. $._ 386. 63
Number of shares listed.
.millions. - 7,906
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
ValneJ
Exports (mdse.), incl. reexports, totalfO —mil. $. 1,945.8 2,203.5 2,139.1 2,290.3 2,267.0 2,613.0 1,247.4 1,598.1 2, 974. 1 2, 612. 3 2,428.3 2, 335. 8 2, 244. 8 2,188.3 2,163.6
1,868.7 2,135.0 2,084.7 2,258.9 2,182.9 2,560.9 1,188.1 1,513.7 2, 891. 7 2, 529. 1 2,381.4 2, 219. 1 2, 172. 1 2, 123. 5 2, 140. 8
Excl. Dept. of Defense shipments
__do
Seasonally adjusted
do
2,235.3 2, 154. 8 2, 196. 8 2, 430. 4 1,217.3 1, 592. 7 2, 752. 7 2,380.3 2,277.7 2, 184. 8 2, 262. 8 2,345.7 2,297.7
By geographic regions: A
Africa
Asia
Australia and Oceania..
Europe
_
Northern North America
Southern North America
South America
do
do
__do
do
__
82.7
401.1
44.3
593. 1
101.6
435.5
61.5
692. 0
93.5
422.9
75.6
639.4
111.9
446.6
72.1
733.4
97.8
447.4
67.3
719.6
122.1
575.5
64.8
825.4
33.9
273.7
24.2
352.2
49.1
165.5
283.7
680.2
63.3
87.4
509.3 1, 009. 3
131.1
559.6
82.3
885. 1
120.4
466.7
76.7
806.3
120.2
459.0
70.2
675.9
82.1
485.0
69.4
732.9
111.9
422.1
104.9
670.4
129.2
401.1
78.9
666.7
343.3
145.1
153.6
395.6
170.4
176.9
389.4
175.0
188.6
429.7
184.4
172.3
390.9
177.1
191.1
432.7
204.3
225.2
296.9
126.5
73.3
354.1
142.4
116.4
495.9
194.4
216.1
456.8
190.1
210.2
517. 7
175.6
192.3
531.2
179.0
168.9
451.1
171.0
164.7
440.1
170.9
172.2
458. 5
172.8
191.9
17.5
23.2
22.3
32.8
18.0
30.1
21.6
40.7
19.3
30.8
34.7
37.3
6.9
14.6
5.5
23.7
26.2
61.5
21.9
43.9
9.0
46.6
11.7
42.0
10.4
29.5
23.6
41.9
17.8
50.0
do
do
do
do
37.1
68.1
32.3
52.3
79.6
31.3
6.4
65.6
88.6
32.2
6.6
61.8
91.1
34.9
5.7
58.4
80.7
38.1
6.3
55.6
104.2
44.3
6.7
19.5
41.9
14.2
4.3
56.1
28.3
13.3
5.6
75.3
156.2
31.9
8.7
70.2
93.3
42.8
9.1
65.2
81.0
41.9
8.1
58.2
92.2
28.9
7.6
58.6
97.3
26.9
8.1
78.1
75.2
31.3
7.5
60.9
72.9
14.0
7.1
do
do
do
9.1
26.9
142.6
5.7
30.0
159.0
4.6
32.6
139. 9
6.0
29.5
155.7
7.4
27.1
164.0
7.5
30.1
212.6
1.7
13.9
116.6
2.5
21.2
135.8
4.5
36.3
244.1
4.4
34.0
189.5
5.4
32.0
152.5
3.3
27.7
152.3
4.3
28.4
195.4
2.1
24.7
156.7
4.3
34.5
145.6
do
do
do
56.8
.5
93.4
66.8
1.7
109.2
55.2
.8
114.2
67.0
.5
119.1
64.6
.8
104.0
82.8
2.7
139. 5
42.3
.1
59.6
49.5
1.6
91.4
109.4
.8
163.4
84.8
.5
152. 5
87.6
2.1
127.7
71.5
.8
113. 0
69.2
.1
.121.2.
72.7
.6
120. 1
61.8
.5
114.1
do
do...
do
_
By leading countries:
Africa:
United Arab Republic (Egypt Reg.)_..do
Republic of South Africa— -_...
do
Asia; Australia and Oceania:
Australia, including New Guinea....
India
Pakistan
Malaysia© _
.__
Indonesia _
Philippines..
Japan...
Europe:
France
East Germany
West Germany.
.
_
_
Italy
__ .
do
73.7
69.3
67.9
66.8 , 70.5
Union of Soviet Socialist Republics ....do
1.7
12.0
1.2
.8
1.8
United Kingdom
__
do
96.9
122.4
125.8
151.2
138.6
r
Revised.
» Preliminary.
1 Calendar year total.
cfNumber of stocks represents number currently used; tr e chang<3 in nuniber doe*3 not
a
ffect continuity of the series.
9 Includes data nc>t shown separate ly.
tllevised s eries;
former series covered fire insurance only.
JRevisic ns for va rious pei iods prio r to Feb 1963
will be shown later.
OBeginning Jan. 1965, data re fleet adoiDtionofr 3vised ex port sche dule;
59.5
67.5
60.7
101.0
95.2
63.6
33.1
55.7
74.8
82.0
3.1
1.5
7.4
3.1
2.0
.2
2.2
8.8
2.1
5.6
126. 3
132.2
118.7 128.5 117.5
67.9
157. 6
143.6
107.7
144.8
insome instances, becau seofregr ouping o f commo lities ancIrelease ;>f some "special cjitegory"
items :rom the restricte d list, d<ita for c(>mmodit ies and (jountries are not compara ble with
1[Includes grgtnt-aid silipments under t he Dept. of Defeiise Milithose f or earlier periods.
AExtary A ssistance Prograni, as wel as econo mic aid shipmen ts under other pr<)grams.
O Count ry desigrlation es ;ablishec Jan. 196 4.
eludes "special category " shipments.
SUKVEY OF CUKEENT BUSINESS
S-22
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1964
Monthly
average
November 1965
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuet— Continued
Exports (mdse.), Incl. reexports— Continued
By leading countries— Continued
North and South America:
343.3
395. 5
389.4
429.7
390.9
432.6
296.9
354.1
495.9
456.7
do
266.7
309. 5
325.4
318.7
328.8
376.6
164.4
228.2
366.7
352.1
Argentina
Brazil
QhHe
do
do
_do
Colombia
Cuba
-- do
___do__-
15.8
31.9
13.5
20.1
3.0
71.5
42. 4
21.8
32.2
15.0
20.5
C1)
89.7
50.0
26.4
41.5
18.2
18.1
0
95.7
48.0
17.5
32.5
16.3
21.7
0
99.4
47.6
28.1
37.4
15.4
18.6
C1)
95.8
49.7
34.5
33.3
21.6
23.3
11.2
10.5
7.3
7.2
0
74.7
21.7
15.0
13.9
10.2
11.8
0
81.0
34.3
31.2
26.1
21.5
21.1
0)
98.0
69.3
28.7
26.9
22.3
20.0
(0
92.9
63.8
Latin American Republics, total 9
Fxcl military grant-aid *
By economic classes:
ri
A t
A t- ffo ""
-do
c\n
Manufactured foodstuffs and beverages--. do
Finished manufactures cf
Excl. military grant-aid*
By principal commodities:
Agricultural products, total 9 —
do
do
-
P)
103. 8
60.4
517. 6
531.2
451. 1
440.1
458.5
327.6
307.6
297.6
304.1
327. 3
23.2
27.5
21.0
21.4
0
92.7
54.6
19.4
20.2
15.8
13.8
0
95.2
55.8
22.0
18.8
18.0
12.8
0
92.5
52.2
25.9
24.7
17.4
13.4
0
88.9
52.8
18.4
32.0
31.1
15.5
0)
93.1
49.9
1,921.7 2, 173. 8 2, 112. 1 2, 261. 4 2, 242. 4 2 577.6 1 230 7 1 575 5 2, 942. 0 2, 585. 2 2,397.7 2, 307. 6 2, 212. 2 2, 161. 0 2, 133. 9
1, 845. 5 2, 106. 0 2, 057. 7 2, 230. 0 2, 158. 3 2, 525. 5 1,171.4 1,491.1 2, 859. 6 2, 502. 0 2, 350. 8 2, 190. 9 2, 139. 5 2,096.2 2, 111. 1
241.5
214. 7
218.4
288.9
280.8
327.9
211. 7
203.5
189. 4
209.0
235.7
226.6
140.6
145.2
124. 7
158.1
153.8
172.1
338.9
348.5
278. 4
351.9
334.5
410.3
1, 114. 4 1, 241. 2 1, 196. 5 1, 253. 4 1, 237. 6 1, 440. 7
1, 037. 8 1, 173. 0 1, 142. 1 1,222.0 1, 153. 5 1, 388. 6
—do
465. 4
528.9
494.5
575.6
607.9
669.2
do
,
26.6
48.9
37. 2
191. 7
12.3
43.6
35.8
57.5
36.2
215.0
15.1
45.4
36.7
24.5
42.5
204.2
13.3
73.0
31.8
38.6
50.2
205.0
16.6
58.1
36.3
50.9
35.5
231.3
15.2
58.2
53.5
97.9
38.1
232.6
19.3
73.4
Animal and vegetable oils and fats*
ooiion, uniiidiiuiciLLUi
_ ,
jbruits, vegeiau s, an p p
UTains a"a pr p
*Iz^0*
n
/in
Automobiles, parts, and accessories
s
v^iieinicaih dii r ctt "
do
,
Iron and steel prod. (excl. adv. mf"s.).-,do
210.4
325.8
696.2
553.9
532.9
530. 9
1, 456. 3 1,644.9 1, 617. 6 1, 685. 8 1,634.5 1, 908. 4 1, 020. 3 1, 249. 7 2, 245. 8 2, 031. 3 1,864.8 1,776.7
125.5
140.7
143.4
141.4
133.8
174.1
212.3 200.5
2 161. 9
193.8
192.6
234.8
40.2
41.6
42.1
36.0
47.8
37.9
73.5
57.4
74.6
69.5
77.6
85.0
do
453.4
528.7
507.8
554.4
520.1
Agricultural
do
Electrical
M!etal working§
Other industrial
do
do
do
19.1
45.6
128.4
43.4
249.3
14.1
46.2
122.5
38.3
242.8
14.5
48.0
139.9
46.8
258.2
16.5
41.0
137.7
42.4
242.1
41.0
57.8
39.3
67.1
36.1
66.8
41.7
72.5
37.2
68.0
p 484. 7
1,664.1 1 701 7 ?1,649,2
18.1
47.5
156.4
58.6
299.2
do
459.3
636.7
15.2
35.2
113.4
37.0
216.5
548.1
44.2
78.7
M!achinerv total 5 9
Textiles and manufactures
1, 428. 5 1, 557. 1 1,561.8 1, 613. 0 1, 671. 7 1, 755. 0 1,112.9 1, 463. 6 2, 040. 2 1, 854. 9 1, 724. 1 1, 906. 9 1, 632. 9 1, 717. 6 1, 797. 5
Generallmports totalO
-do
1, 546. 4 1, 547. 7 1, 697. 7 1,642.2 1, 206. 4 1, 600. 5 1, 869. 0 1, 834. 7 1, 798. 9 1, 834. 8 1, 669. 8 1, 725. 4 1, 786. 8
Seasonally adjusted O
do
By geographic regions: O
76.4
66.2
64.8
89.2
70.5
82.7
84.0
79.6
66.9
27.9
82.0
50.9
68.4
89.1
Africa
do__ _
75.3
301.5
266.0
432.4
402.5
336.3
315.8
329.3
322.6
217.1 291.7
410. 9
423.4
345.6
Asia
do
339.9
394.7
30.7
36.6
57.7
41.8
32.5
41.2
37.6
32.6
21.3
20.8
47.4
30.8
41.7
36.7
38.0
Australia and Oceania
do
575.4
628.4
519.4
401.1 442.3 426.7
466. 7
503.3
422.6
239.0
537.6
505.7
489.9
486.8
542.3
Europe
- do
319.4
377. 6
353.7
409.9
372.3
388.8
362.1 381.5
325.5
325.7
441.7
400.5
414.7
408.3
Northern North America
do
398.6
127.2
136.6
181. 1 162.1
102.2
123.2
123.2
147.6
124. 4
146.2
158.3
114.5
118.2
145.4
123.1
Southern North America
do
209.1 212.4
207.6
240.1 240.4
202.3
259.3
242.6
188.0
156.5
245.1
173.2
214.1
South America
do
183.0
198.9
By leading countries: O
Africa:
1.4
5.0
1.3
1.7
.4
.5
.5
.5
.8
.3
.6
1.3
1.0
United Arab Republic (Egypt Reg.)___do
1.4
2.6
19.5
19.3
21.6
20.8
18.6
24.5
27.6
20.1
27.6
8.0
15.3
22.8
18.8
Republic of South Africa '
do
8.2
17.4
Asia; Australia and Oceania:
23.4
19.0
26.6
23.4
35.6
24.4
23.8
26.3
35.1
17.0
16.8
25.1
20.1
Australia Including New Guinea
do
25.9
24.5
24.5
25.4
46.2
37.5
25.0
26.0
29.9
31.8
26.7
20.1
15.2
28.0
33.1
India
do
23.7
24.3
6.2
5.6
3.8
3.3
2.5
3.5
2.7
3.6
3.7
4.2
2.0
1.0
Pakistan
do
4.1
4.0
3.2
13.3
19.3
23.5
12.9
11.9
15.3
12.2
24.5
9.5
13.6
6.8
Malaysia©
do
17.3
16.7
16.7
9.4
14.1
16.6
16.9
16.0
12.9
14.7
15.2
14.7
12.2
10.3
Indonesia .
do
10.8
15.7
10.2
12.2
29.8
32.3
34.3
36.7
39.3
33.4
33.1
32.8
33.5
21.7
25.8
35.3
27.1
Philippines
do
25.6
29.5
218.4
147.4
204.9
124.8
175.1 159.5
161.7
165.8
224.1
154.5
108.3
Japan
do
220.0
194.5 231.0
177.3
Europe:
35.9
41.3
61.2
55.6
33.6
43.0
63.5
50.6
53.3
45.2
41.5
55.1
France
^ do
20.5
41.7
54.2
.3
.7
.6
.6
.5
.3
.7
.6
.3
.1
.2
.3
East Germany
do
.5
1.4
.6
133.5
131.2
83.6
97.6
117.6
91.2
113.5
97.8
101.8
119.7
97.3
110.6
110.4
West Germany
do
46.0
110.3
41.1
43.9
59.3
52.6
45.3
54.8
56.1
48.2
56.1
49.1
48.8
22.1
37.9
49.7
53.1
Italy
do
1.5
1.7
2.5
1.7
2.6
2.4
1.9
1.6
2.1
4.1
3.3
1.9
4.7
2.2
1.9
Onion of Soviet Socialist Republics
do
89.9
95.1
126.1
109.6
112. 7
112.1
92.3 103.3
101.3
118.4
112.8
United Kingdom
..
do
57.6
91.7
115.5
111.8
North and South America:
441. 5
399.4
407.6
398.3
377.4
413.5
353.4
319.1
Canada
do
372.0
409.8
388.6
381.4
361.7
325.2
325.6
344.2
270.4
238.6
276.2
274.3
287.6
338.5
Latin American Republics, total 9
do
359.5
293.7
265.3
275. 1 321.1 352.4
280.4
222.3
11.1
8.9
10.4
Argentina
do
11.8
10.3
9.3
7.1
11.5
11.1
13.7
7.5
6.7
11.7
8.4
6.1
38.9
27.8
36.1
54.3
Brazil
do
37.2
36.4
49.6
46.8
44.5
71.4
46.5
36.6
59.2
24.6
16.6
22.3
9.9
11.9
30.3
18.9
Chile
do18.2
13.8
20.0
15.1
15.7
18.6
14.2
9.4
28.8
18. 4
18.8
25.2
Colombia
do
22.8
24.2
24.1
23.4
26.2
20.7
25.1
28.5
20.7
34.0
35.5
8.4
17.3
1
Cuba
do
0
0
0
0
0
0
0)
G)
0)
(0
0)
C)
0)
P)
39.3
61.9
Mexico,. __
do
41.8
39.2
49.5
57.2
53.6
30.6
48.5
46.6
64.7
61.1
54.4
43.7
52.5
71.1
Venezuela
_.
___do____
101.9
92.2
77.5
78.0
66.3
68.9
79.7
77.0
82.5
96.8
69.2
80.0
86.0
92.7
r
2
Revised.
»Preliminary. • 1 Less than $50,000.
Beginning Jan. 1963, excludes
t Revised to include SIT C items classified as "cereals and preparations"; not comparable
exports of certain fertilizer materials, coal-tar and synthetic resinous products, chemical spewith data published in the 1963 BUSINESS STATISTICS and in SURVEY issues prior to Nov.
cialties, etc.; in 1962, such exports totaled $52.6 mil.
1963.
JSee similar note on p. S-21; for exports, see also note "?" on p. S-21.
AManufactures of tobacco are included in the nonagricultural products total.
9 Includes data not shown separately.
QSee similar note on p. S-21.
§Excludes "special category, type 1" exports.
cfData for semimanufactures reported as "special category, type 1" are included with
©For certain recent months, the data by regions and countries exclude imports unidenfinished manufactures.
*New series. Data for periods not shown may be obtained from
tified by area of origin.
©Country designation established Jan. 1964.
Bu. of Census reports.
o
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963 | 1964
Monthly
average
S-23
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value I— Continued
Traports for consumption, total___
-mil. $__ 1,416.7 1, 550. 0 1,567.7 1, 643. 5 1, 655. 1 1, 720. 4 1, 138. 1 1, 488. 6 1, 999. 2 1, 820. 7 1, 719. 6 1, 878. 0 1, 635. 5 1, 728. 8 1, 794. 9
By economic classes:
313.5
253.0
287.0
296. 1 282. 7
300.1
274.0
Crude materials
do
182.1
200.1
169.5
202.6
78.5
155.8
143.8
Crude foodstuffs
do
165.4
151.0
164.2
168. 6
176.7
77.3
166.5
Manufactured foodstuffs and beverages. -do
300.1
332.4
331.5
337. 1 357.8
314.3
300.7
Semimanufactures
do
655.9
683. 6
429.2
610.1 633.3
665.1
531.7
By principal commodities:
175.2
342.0
384.4
372.9
338.8
341.0
350.9
269.4
420.4
262.3
319.0
369.0
345.2
354.1
335.0
Agricultural products, total 9
...do
Cocoa (cacao) beans, incl. shells
do
Coffee
-do
Rubber, crude (incl. latex and guayule).- do
Sugar (cane or beet)
_
do
Wool and mohair, unmanufactured
do___.
Nonagricultural products, total 9-.-
do
Furs and manufactures. „
do
Iron and steel prod. (excl. adv. mfs.) ...do
Nonferrous ores, metals, etc.:
Bauxite crude*
do __
Aluminum semimfs. (incl. calcined bauxite)*
mil. $_.
Copper crude and semimfs *
do
Tin, including ore
do
Paper base stocks .
Newsprint
Petroleum and products
-
do
do
-do
Indexes
Exports (U.S. mdse., excl. military grant-aid) :f
Quantity
__
1957-59=100..
Value
do
Unit value
_
do. ..
Imports for consumption:
Quantity
.
do____
Value
do
Unit value
- .do
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):!
Shipping weight
thous sh tons
Value
mil $
General imports:
Shipping weight
thous sh tons
Value
mil $
Airborne trade:
Exports (incl. reexports) :f
Shipping Weight
thous. sh. tons
Value
mil $
General imports:
Shipping weight
thous sh. tons
Value
mil. $
8.8
126.9
17.0
43.4
15.9
11.8
116.8
18.9
37.9
22.0
1,292. 5 1,270.6
1,347.5
4.7
89.0
15.4
69.4
12.6
13.4
9.6
10.2
12.1
"8.8
13.7
10.8
11.6
10.9
13.7
13.7
11.1
11.4
26.1
7.6
14.5
48.7
10.7
6.5
14.2
4.9
16.9
29.2
8.3
23.1
24.1
17.2
21.3
23.4
10.9
24.4
22.1
13.0
32.6
26.6
12.7
25.1
23.0
10.5
24.4
27.9
9.2
20.3
25.4
16.5
36.7
35.6
73.0
68.6
144.9 ' 174.3
29.1
53.1
184.8
46.8
53.9
163.3
41.9
69.2
198.8
35.8
62.7
186.7
34.4
64.9
144.3
39.8
72.4
192.2
34.9
64.4
147.4
37.4
65.1
159.4
36.4
70.5
164.1
145
150
104
169
176
104
77
81
105
97
104
107
187
199
106
164
174
106
155
164
105
142
152
107
144
142
99
150
148
99
94
95
101
125
125
100
175
174
100
161
158
98
149
147
99
164
163
99
13, 084 ' 14, 351 14, 774 16, 426 14, 628 14, 962
1,257.2 ^1,449.5 1, 405. 0 1, 503. 6 1,491.2 1, 750. 2
6,508
601.2
17, 707 ' 19, 481 20, 161 19, 686 20, 419 19, 499
1,031.9 '1,120.2 1,020.1 1,137.0 1,213.4 1, 250. 1
18, 164
651.8
17, 294
985.8
14.9
140.7
19.9
175.2
21.5
197.4
19.0
189.1
19.1
193.7
17.7
182.5
17.5
180.3
18.2
189.6
17.9
173.1
8.4
104. 9
7.8
102.4
6.9
98.4
6.2
100. 3
9.2
103. 9
7.5
104.9
6.8
95.1
8.1
94.0
11.3
79.7
16.4
50.9
18.8
10.9
100.0
16.7
38.2
17.1
9.2
90.8
16.4
50.0
17.1
1,081.7
1,207.9
1,226.7
1 10.9
59.4
19.7
68.3
6.1
63.5
4.7
71.0
9.5
10.5
9.1
10.2
16.9
121.6
9.1
16.6
28.4
9.3
21.8
27.5
8.3
13.5
30.1
9.8
33. 8
30.1
62.7
57.3
i 149. 1 i 156. 0
35.3
64.2
147.0
35.1
66.3
142. 7
127
128
101
143
146
102
139
143
103
150
155
104
127
122
96
135
133
99
137
135
99
143
141
99
11.2
106.7
13.7
44.6
12.4
10.3
136.5
13.6
153.7
14.8
151.3
15.8
169.7
13.9
140.2
17.7
187.4
4.7
68.0
5.4
79.7
5.3
76.6
7.3
93.9
7.0
89.9
8.6
108.8
3.8
24.9
7.6
15.1
15.7
10.2
69.1
11.2
17,3
13.9
11.8
126.5
18.3
26.5
31.8
9.2
83.7
24.0
38.6
27.4
13.8
77.3
13.3
47.3
17.6
13.2
89.7
16.9
42.5
18.6
8.6
59.4
12.8
22.3
16.9
11.3
77.8
11.2
42.7
19.1
14.5
83.6
15.3
48.8
20.1
962.9 1, 219. 2 1, 578. 8 1, 451. 7 1,380.8 1, 532. 8 1, 370. 6 1, 409. 8 1, 440. 8
6.5
89. 1
14.0
16.0
11.2
8.9
7.6
7.1
6.5
8,555 15,000 15, 068 15,598
836. 7 1,963.6 1, 712. 1 1, 558. 0
22, 016 '21,783 19, 805
1,465.8 1,373.9 1, 205. 2
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. avg. or total):
Operating revenues, total 9-—
mil. $..
Transport, total 9
_
___do__-.
Passenger
.do....
Property
.do
U.S. mail
_
_
do
Operating expenses (incl. depreciation)_..do....
Net Income (after taxes)
_
_
do
Operating results:
Miles flown (revenue).
_____
thous..
Express and freight ton-miles flown do
Mail ton-miles flown _
do
Passengers originated (revenue)
___do
Passenger-miles flown (revenue)
__.mil_.
621.9
617.1
557.0
40 3
15 0
589 2
3.3
707.7
701.3
631.8
46.8
16.4
632.6
34.0
63 828 68, 506
49 195 60, 576
14 167 15, 390
4 548 5,158
3 048 3,490
725.0
717.7
639.9
51.0
18.8
654.1
37.8
748.2
742 2
670.2
49 1
15 4
641.4
48.2
69 376 *71, 735
69 009 72 323
14 734 16, 145
5 214 5 509
3,530 3,610
832. 1
825 7
743. 8
53 0
18 1
708 2
65.4
735.4
728 3
654.3
48.9
16 9
677.7
30.1
67, 518 70 922 73 511 67 414
60 756 70 782 59 440 60 734
14, 626 22, 319 15 630 15*111
5 030 5 338 5 450 4 861
3,224 3,668 3 747 3 248
76 406
71 822
17 549
5 535
3,703
75 541
69 963
17 616
5 940
3,' 979
78 016
74* 822
lg' 631
5 774
3 879
78 263 82, 126 83 597
74 473 73 Oil 77 612
16* 944 16, 478 17 179
6 314 6 293 6 753
4' 917
4 475 4,595
Express Operations
Transportation revenues..
Express privilege payments
mil. $.. 295.9 2 103. 1
do.... 228.3 229.5
103.2
29.8
112.5
31.7
101.9
27.4
""""
103.7
28.2
Local Transit Lines
Fares, average cash rate
___cents- 20 5
21 2
21 4
21 7
21 4
Passengers carried (revenue)
-"-.mil"
576
571
610
561
Operating revenues (qtrly. avg. or total)
mil. $11 347.6 352.0 335.1
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. avg. or total):
3
Number of reporting carriers. „
1, 018 3 1 018 1 020
Operating revenues, total
mil's" 1,435 1,544 1,604
Expenses, total
do'
1 374 1 473 1 503
Freight carried (revenue)
mil. tonsil
84
92
95
'Revised.
* Preliminary.
1 Effective Sept. 1963, data reflect adoption of U.S. Tariff
Schedules and are not entirely comparable with earlier figures; also, beginning Sept. 1963,
certain uranium bearing materials, formerly shown under crude materials, are included with
semimanufactures (monthly averages reflect this change beginning Jan. 1963). Beginning
Jan 1964, data for furs and mfrs. and petroleum and products reflect further changes in USTS.
2 Quarterly average. »Number of carriers filing complete reports for 1963 and 1964.
Kfif)
21 7
599
370.9
21 9
553
21 9
KOJ,
91 Q
fiflfi
338 7
21 9
CQO
99 ft
577
KfiA
22 2
520
22 2
516
22 2
559
367 1
1 018
1,646
1 591
98
|See similar note on p. S-21.
9Includes data not shown separately.
*New series.
Data for periods not shown may be obtained from Bu. of Census reports.
tRevised to
exclude military grant-aid shipments; comparable earlier data will be shown later.
§&*cludes "special category" shipments and all commodities exported under foreign-aid programs
as Department of Defense controlled cargo. ISee similar note on p. S-21.
SUEVEY OF CUERENT BUSINESS
S-24
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
Monthly
average
November 1965
1964
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity)— Continued
Freight carried, qtrly. index of volume, class I and
II TATA)
average same period, 1957-59= 100. _ 1 126. 3 * 137. 6
Carriers of passengers, class I (qtrly. avg. or total) :§ 2
158
2158
Number of reporting carriers
164.1
Operating revenues total
mil. $.. 155. 7
142.7
135.3
Expenses total
- -do
126.7
131. 8
Passengers carried (revenue)
mil
137.0
139.2
141.9
159
200.8
157.8
132.8
158
157.9
140.6
128.1
147
118.5
113.8
47 0
Class I Railroads
Freight car-loadings (A AE):
Total cars
......thous..
Coal
_ _ _ . _ — __----do
Coke
—
do.—.
Forest products
;__do
Grain and grain products
- do
Livestock
Ore
Merchandise, l.c.l
-
—.do
__do.~do
Freight carloadings, seas. adj. indexes (Fed. R.):f
Total
_.____-_—
1957-59=100..
Coal
—
do
Coke
do.
Grain and grain products
Livestock
Ore
Merchandise I c l
- Miscellaneous
-
do
do
do__._
do
do
-
financial operations (qtrly. avg. or total): A
Freight
do
Operating expenses
do
Net raiiwav operating income
Net income (after taxes)
do
do
Operating results: A
Freight carried 1 mile (qtrly )
bll ton-miles
Revenue Der ton-mile (qtrly avg )
cents
Passengers carried 1 mile revenue (qtrly ) mil
151.4
2, 406
461
32
15(5
234
2,453
462
41
163
219
2,367 1-33,150
3589
462
r347
35
3196
151
3310
201
2,376
455
46
148
221
2,118 3 2, 571
3518
427
44
347
139
3178
180
3231
2,074
410
36
147
178
2, 185 8 2, 848
409
3533
36
347
152
3 193
8
193
236
2,415
456
35
159
180
2,376 3 2, 768
455
3427
343
35
3189
151
211
3276
2,381
479
35
161
221
2,292
448
31
158
200
14
147
72
1, 290
13
168
53
1, 334
16
211
48
1,242
330
'3262
358
r3
1,658
18
154
41
1,292
311
10
92
381
346
37
1,189 31,460
7
72
39
1,185
8
81
41
1,265
3164
349
1, 616
8
206
39
1,332
5
225
37
1,257
3290
344
3 1, 493
7
222
34
1,221
11
192
33
1 220
*93
95
88
96
102
52
84
36
95
496
95
113
100
96
49
97
27
98
96
96
125
99
104
48
90
26
99
95
95
129
99
109
48
96
23
95
99
97
127
99
99
54
136
23
100
100
92
109
106
94
46
113
23
106
96
91
99
99
87
46
110
22
102
98
92
98
101
97
42
110
21
103
99
99
108
103
97
36
136
21
100
101
104
107
105
98
36
95
22
104
94
98
109
95
95
31
87
20
97
95
98
122
103
82
33
90
20
99
94
101
117
99
101
34
86
18
96
94
95
95
102
102
35
81
17
96
99
90
125
100
97
46
143
22
103
8
2 382 5
2, 064. 7
125. 9
1, 899. 6
320.1
162.8
121.2
2, 526. 3
2, 168. 7
134.6
2, 037. 5
302.6
186.1
182.1
2 389 9 2 464.1 2 486 5
2, 038. 6 2, 113. 9 2, 119. 2
144.5
147. 0
162.3
1,862.9 1, 934. 5 1, 937. 6
325. 1 332.3
325 6
201.4
204.5
216.6
174.5
175.4
162. 9
310
3,108
3
610
3
36
3 200
3
284
3
3
326
228
341
1 683
93
97
82
102
99
41
83
17
95
2,581.8
2, 240. 5
139.4
1, 963. 2
360.8
257.8
213.3
165.2
1.270
3, 820
36
3
180.2
1,258
4,333
• 158. 9 8 167. 7
8 1 310 61.282
5 4, 624 6 4, 562
167.1
1. 293
5,380
15,628
12 786
2 842
16, 854
13, 909
2,945
17 092
14 092
3 000
18 154
14 902
3 252
16 740
13 786
2 954
16, 714
13, 942
2,772
12, 605
10 521
2 084
12, 878
10, 918
1,960
16, 996
14 100
2 896
17 758
14 800
2 958
18, 553
15, 355
3, 198
18, 598
15,743
2,855
thous. Ig. tons. _
do
5, 454
780
6,184
896
6,227
867
6,248
930
6 156
847
6,645
830
5,706
779
5,160
652
7,670
822
6,998
884
6,631
738
6,467
835
6,855
496
6, 809
628
6,035
716
Travel
Hotels:
Average sale per occupied room
dollars..
Rooms occupied
.
%of total _
Restaurant sales index
same mo. 1951=100..
9 37
60
109
9.53
61
111
9 85
65
110
10 24
70
112
10 11
57
103
9.08
48
112
9.36
56
102
9.54
61
113
9.14
63
119
9.96
65
110
9.36
65
123
10.03
63
115
9.10
57
112
9.99
65
106
10.15
66
116
218
216
130
110
88
2, 779
243
7238
157
138
94
2,831
288
238
218
174
74
3,287
238
195
186
174
56
2 283
191
167
127
116
50
1 061
173
186
123
130
53
654
206
207
130
97
74
708
179
225
102
96
95
782
243
234
136
115
151
977
175
1 453
168
2 393
175
5 064
131
8 558
105
8 364
80
3 631
629
- mil..
thous. $_ 10, 477
555
9, 441
578
9,818
476
7,989
528
9 066
473
8,054
845 6
465 4
289 7
495 7
7 147 g
73 7
911 5
493 5
318 9
541 3
77 4
921 3
497.0
322.6
539 6
165 3
76 4
82,835.2
81,518.5
81,005.7
81,715.6
8 488. 9
77.4
82,833.3
81,531.5
8 987. 6
81,687.6
8
505 2
78,3
82, 896. 2
81,547.3
81,028.2
81,750.8
8 518. 5
79.2
23 902 24 951
21 094 22 014
1 680 1 757
25, 256
22 089
2 106
8 75,432
64,860
8 8, 194
8
73,656
8
65,493
8
8
3, 862
8 77,319
67,603
8 5, 609
827,310
821,158
8 4, 143
827,187
8 21 258
8 4, 720
8 28,756
8 22,146
85,302
(6)
(6)
(6)
(6)
(•)
172.0
• 1.269
4,163
T
Waterway Traffic
Clearances, vessels in foreign trade:
Total U S ports
thous net tons
United States vessels
do
Panama Canal:
Total
In United States vessels
Foreign travel:
U S citizens: Arrivals...
Departures..
Aliens' Arrivals
Departures.
Passports issued and renewed
National parks visits f
Pullman Co. (qtrly. avg. or total):
Passenger-miles (revenue).
Passenger revenues
thous..
do
do
do
______do
do
...
59
COMMUNICATIONS
Telephone carriers:
Qictiioii evtjiiuea
J.O1 ,
e
ge
______
~fi~~r
T
\~
uo
^
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
wperdiiiiig eve e __ —._.^ _.
u .«p
Ocean-cable:^
Radiotelegraph : o*
Operating revenues
v-jperatmg expe e , • i, .
7 igQ 4
2 928 6 9 164
3 064
727 527 7 2 252 e 6 992
195
7348 6 1, 561
y i/
do
5 077
3 883
982
6 026
4 662
1 119
(6)
(6)
(6)
r
Revised.
1 Annual index.
2 Number of carriers filling complete reports for 1963
4
and 1964. 3 Data cover 5 weeks; other periods, 4 weeks.
Based on unadjusted data.
6
6
7
Quarterly average.
See note "<?."
Based on revised total; monthly revisions not
8
available.
Quarterly total.
§ Effective 1st qtr. 1965, carriers reporting both intercity
and local and suburban schedules are classified as intercity if intercity revenues equal or
exceed 50 percent of revenues from both operations.
fRevisions for 1962 are in the Aug.
1963 SURVEY.
$ Includes data not shown.
8
(6)
(6)
(6)
(6)
AEffective 1st qtr. 1965, class I railroads are those having annual operating revenues of
$5,000,000 or more; prior to 1965, those with $3,000,000 or more.
IfBegiiming Jan. 1965, visits to Canyonlands Natl. Park are included; such visits for the
first seven months of 1965 totaled 12,500.
d"Effective Sept. 1964, ocean-cable and radiotelegraph carriers have been classified by FCC
as "international" telegraph carriers; data for month of Sept. 1964 and quarterly data beginning 4th qtr. 1964 cover operations for this group.
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-25
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
1,357
1,378
1,276
Acetylene
mil.cu.ft.. 1, 155
Ammonia, synthetic anhydrous (commercial)
589.3
613.9
530.0
thous. sh. tons__ 556.8
90.2
100.6
90.9
91.9
Carbon dioxide liquid, gas, and solid
do
455.3
513.5
491. 1 494.6
Chlorine gas (100% Cl2)
do
103.1
90.0
102. 3
107.3
Hydrochloric acid (100% HC1)
do
384.1 371.6
353.6
419.5
Nitric acid (100% HNOs)
do
Oxygen (high purity)
mil. cu. ft_. 10, 705 13, 254 13, 264 14, 059
268.6
278.6
271.9
Phosphoric acid (100% PsOe)
thous. sh. tons__ 242. 1
Sodium carbonate (soda ash), synthetic (58%
428.6
390.1
412.6 408.9
Na$O)
thous sh. tons
11.4
11.2
10.9
11.3
Sodium bichromate and chromate
do____
484. 5
517.3
539.7
518.3
Sodium hydroxide (100% NaOH)
do
Sodium silicate (soluble silicate glass) , anhydrous
54.8
57.1
45.9
47.1
thous sh. tons
Sodium sulfates (anhydrous, refined; Glauber's
112.1
108.0
102.7
108. 5
salt' crude salt cake)
thous sh tons
1, 744. 7 1910.3 1,853.3 1,959.0
Sulfuricacid (100% H2§O4)
do
Organic chemicals, production :cf
Acetic anhydride
Acetylsalicylic acid (aspirin)
Creosote oil
"
DDT
Ethyl acetate (85%)
1,390
699.6
84.4
523.6
108.7
445.2
14, 652
272.6
428.3
11.3
525.2
394.0
12.2
557.0
46.7
44.1
89.4
123. 4
2.2
10.0
94.9
118.3
2.5
9.8
112.6
118. 9
2.2
10.6
100.0
135. 8
2.5
12.0
14.9 110.3
8.7
19.8
138. 3 1 149. 5
1211.4 1229.4
do __
(3)
7.3
156. 3
235.1
(3)
6.4
169.3
252.9
(8)
11.1
150.7
238.6
(3)
7.5
161.4
247.3
25.3
24.3
r 26. 7
28.6
26.2
31.2
25.3
29.6
26.3
30.1
26.2
27.6
.1
29.3
!38.2
.1
32.7
46.3
.1
31.9
49,9
.1
34.1
56.5
.1
34.0
47.3
57.7
171.5
44.4
5.3
57.0
186.7
45.9
'•5.7
60.2
188.6
45.9
6.2
69.2
184.3
44.8
7.8
23.9
24.0
3.0
24.7
24.7
3.5
24.7
23.7
4.5
625
55
488
59
798
67
595
86
205
21
20
73
34
mil. lb__
__do
do
do _ _
do
_ _do
do
Potash deliveries (KjO)
do
Superphosphate and other phosphatic fertilizers
(100%P205):
Production
.
.thous. sh. tons. _
Stocks end of month
do
87 1
1106.0
2.4
8.2
1,271
1,439
1,425
1,420
1,401
1, 385
1,358
650.4
679.3
80.1
83.6
482.1
529. 4
98.1
114.5
460.1 409.5
14,263
15, 080
284. 1 272.2
707.2
91.4
548.0
109.2
439.5
16, 321
304.4
717.6
94.3
533.0
106.2
415.1
15, 603
324.0
721.5
107.7
544.7
107.4
351.5
15, 314
338.1
707.9
111.7
524.5
106.2
291.4
15, 057
350.9
698.2
114. 2
540.0
105.8
350.2
15, 064
306.9
683.1
112.6
533.6
102.9
386.7
15, 494
330.3
402.6
11.6
568.4
382.5
11.4
498.1
436.5
12.2
571.9
415.9
11.2
557.8
406.8
12.4
569.4
398.5
11.6
549.7
411.8
9.5
572.0
409.2
10.6
556.8
42.2
48.9
56.1
46.8
46.6
45.7
45.4
50.3
1,408
114.3
104.0
111.2
115.5
112. 4
114.9
119. 6
105. 3
117.5
108.1
1,933.5 2,037.1 ' 1,957.9 1,931.9 2, 044. 2 2, 101. 2 2, 116. 3 2, Oil. 0 '2,001.6 2, 078. 7
92 8
116.2
2.4
19.6
do
do
mil. gal.
Formaldehyde (3~7%HCHO)~
Glycerin, refined, all grades:
Production
• do
Stocks end of month
do
Methanol:
Natural
mil gal
Synthetic
.'—
do
Phthalic anhydride
mil. Ib
ALCOHOL
Ethyl alcohol and spirits:
Production
mil tax gal
Stocks end of month
do
Used for denaturation
do
Taxable withdrawals
do
Denatured alcohol:
Production
mil. wine gal
Consumption (withdrawals)
do
Stocks end of month
do
FERTILIZERS
Exports, total 9
- thous.sh. tons__
Nitrogenous materials
.
- do
Phosphate materials
do _
Potash materials
_.
-do
Imports, total semimanufactures* 9 _
Ammonium nitrate
Ammonium sulfate
Potassium chloride
_
Sodium nitrate
1,374
640.2
81.2
502.5
106. 4
420.1
14,225
275.3
114.9
2.4
28.2
114.7
2.0
7.9
126. 7
2.5
10.3
117.0
2.4
10.0
116.5
2.3
10.4
134.0
1.9
9.3
10.7
3.3
11.3
8.8
11.1
9.1
12.8
8.1
13.7
10.1
13.4
8.7
13.2
8.7
13.5
'8.7
(3)
13.2
234.4
229.4
264.3
256.7
250.3
263.0
253.2
252.3
275.3
31.8
32.6
26.2
37.3
30.7
32.2
25.1
27.6
31.4
30.1
31.6
25.5
25.7
28.6
30.3
'28.2
27.9
29.8
.1
37.7
49.2
.1
36.1
46.9
.1
31.7
42.7
.1
33.2
50.8
.1
36.1
48.6
.1
37.4
51.3
.1
37.2
46.3
.1
37.2
49.1
.1
35.9
48.1
34.0
47.7
60.7
188.7
47.1
6.7
59.7
192.9
46.3
5.5
51.5
186.3
50.7
4.9
54.6
191.7
43.5
4.9
64.2
191.2
55.6
6.6
54.0
187.0
52.2
5.6
58.9
190.4
50.8
5.3
55.5
190.9
50.5
6.1
56.9
191.1
51.0
4.9
54.9
196.3
45.4
5.3
24.5
25.6
3.4
25.4
24.7
4.0
24.9
25.5
3.4
25.6
26.4
3.3
23.4
22.8
4.0
31.0
29.6
5.0
28.0
28.8
6.0
27.2
27.5
5.8
27.1
27.9
5.1
27.4
27.0
5.6
24.3
24.7
5.2
936
101
659
108
1,044
117
817
91
744
44
522
122
1,038
135
721
129
*535
4
31
*408
459
525
39
430
43
874
44
687
89
1,077
125
826
68
835
107
650
57
1,026
78
828
77
1,005
126
703
116
1,039
97
803
101
935
157
624
120
233
17
15
100
30
227
20
12
104
25
219
19
14
116
25
239
16
16
119
24
237
12
14
112
30
11
23
99
26
9
24
123
23
14
30
159
33
17
28
204
72
17
11
133
32
12
8
71
42
16
10
76
26
19
6
191
22
14
14
179
17
227
257
189
296
181
196
357
206
348
459
301
116
199
357
269
419
289
379
258
396
296
373
289
407
294
431
303
400
295
395
333
336
353
224
343
220
305
348
275
450
304
459
1
128.4 ' 128. 0
2.3
2.3
10.7
9.0
156.5
2.6
(3)
'
301
408
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
Black blasting powder
thous Ib
High explosives
•_
do
Paints, varnish, and lacquer, factory shipments:
Total shipments
_ _mil. $
Trade products
do
Industrial finishes __
_ _ ^
do
Sulfur, native (Frasch) and recovered:©
Production
thous. Ig. tons
Stocks (producers') , end ofmonth___
do
PLASTICS AND RESIN MATERIALS
Production:
C ellulose plastic materials _ _
_ _ _ _ _ _mil . Ib
Thermosettlng resins:
Alkyd resins
____do_
Coumarone-indene and petroleum polymer
resins. _
_ _ mil. Ib
Polyester resins
do
Phenolic and other tar acid resins
____do_
Urea and melamine resins
do____
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil.lb..
Vinyl resins (resin content basis)
do
Polyethylene.
____________
_.__.do
fi236
5284
289
6 301,665 5320,403 347,691
321
337, 431
173
396 339
e 157.5
693.8
663.7
166.8
97.8
69.1
176.4
104.2
72.2
163. 1
95.3
67.8
145. 8
80.7
65.1
133.7
66.2
67.5
141.3
74.7
66.6
155.9
85.9
70.0
184.4
101.8
82.6
191.9
110. 3
81.6
201.8
121.9
79.9
216. 9
129.6
87.3
200.6
124 3
76.8
195.7
122 0
73.7
i486
4,875
521
4,660
510
4,665
553
476
4,588 - 4,562
596
4,403
610
4,476
560
4,500
614
4,451
594
4,333
625
4,272
611
4,178
627
4,058
628
4,009
12.7
13.4
14.6
13.6
14.8
14.2
10.3
12.1
14.6
14.2
14.4
15.8
11.8
i 45. 4
45.5
45.7
38.2
39.0
41.9
44.4
53 9
51 1
50.0
54.5
47 7
51.6
*29.5
121.2
161.7
143.2
128.3
125.7
i 67. 8
143.9
34.4
26.8
70.4
47.1
32.0
28.4
75.1
49.1
27.2
25.1
68.0
44.2
25.3
25.9
69.0
45.3
24.8
24.5
69.2
43.0
25 4
28.9
68.8
43.6
29 9
33 9
80 2
47.5
28 7
34 5
76 4
44.2
26.1
33.7
71.8
46.9
25 4
35.5
72.9
48.2 .
28 7
32 1
66 9
40.0
26 6
32 1
76.1
46.3
1124.5
1146.7
U89.2
i 144. 8
i 169.5
i 217. 1
143.4
171. 4
227.3
150. 1
190.4
215.0
155.1
174.5
216. 8
158.0
178.4
223.8
159.8
182.2
229.1
145.5
168.8
216.2
171.9
194.4
241 2
165.4
190.8
237 8
167.8
181.6
256.9
150.4
169.9
254 3
188 0
112 6
75-4
12.6
150.5
168. 2
185.8
262.3
r
Revised.
i Based on annual total containing revisions not distributed by months.
Beginning Jan. 1965, data exclude creosote in coal-tar solutions 4(formerly included); these
averaged 927,000 gallons per month in 1964. 3 Not available.
See note "O" for p. S-21.
6
Quarterly average.
6 Beginning Jan. 1963, the estimated totals are based on a new and
larger sample and reflect improved estimating methods, which affect comparability with
data for earlier periods; Oct.-Dec. 1962 estimated totals on the new basis appear on p. S-25
of the Feb. 1964 SURVEY.
2
160
387, 057
310
279 164
168.9
181.4
256.4
cf Data are reported on the basis of 100% content of the specified material unless otherwise
indicated.
9 Includes data not shown separately.
*New series. Data exclude some materials (chiefly crudes) shown in the former series.
Monthly data prior to Jan. 1963 may be obtained from Bu. of Census reports.
0 Monthly data for 1952-62 (1962 revised) appear on p. 28 of the Dec. 1964 SURVEY; production for Aug. 1957 should read 517,000 long tons.
SUKVEY OF CUEEENT BUSINESS
S-26
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
November 1965
1964
1964
Monthly
average
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial) , total O
mil. kw. -far.. 84, 007
76, 177
Electric utilities, total
do
62,393
By fuels
^o
13, 784
do___- 62, 096
14, 081
do
7, 830
do
7, 567
^®
263
Privatelv and municipally owned util
Other producers (publicly owned)
Industrial establishments, total
By fuels
89, 900
81, 646
66, 986
14, 660
89, 465
81, 376
68, 319
13, 057
89, 382
80,941
66, 907
14, 034
87, 976
79, 753
65, 600
14, 153
95, 713 96, 621
87, 222 87, 979
71, 046 170,729
16, 176 117,250
88,136
80, 206
64,447
15, 759
96, 601
87, 839
70, 490
17, 350
90, 336
81, 852
64, 997
16, 856
93,320
84, 745
68, 134
16, 610
96, 142 101, 631 101, 858
87, 761 93, 102 95, 240
72, 023 77, 178 79, 571
15, 738 15, 924 15, 670
97, 081
88, 877
73, 875
15 002
66,942
14, 703
67, 340
14, 036
66,667
14,274
65, 530
14, 223
71, 455 171,187
15, 767 U6,792
65, 049
15, 157
71, 185
16, 655
67, 036
14, 816
68, 959
15, 786
71,916
15, 845
76,062
17,040
77, 925
17, 316
69 Oil
19, 866
8,254
7,989
265
8,089
7,872
217
8,441
8,197
245
8,224
8,003
221
8,491 i 8, 642
8,227 i 8, 364
264
1278
7,930
7,655
275
8,762
8,450
312
8,484
8,173
311
8,575
8,257
319
8,381
8,126
255
8, 530
8,298
232
8,617
8,407
211
8,204
8,001
203
do__~- 69, 234 74, 196 77,433 73, 925 72, 557
13,876 '15,295 ' 17, 163 '15,529 '14,358
do
32,367 34, 113 35,080 34, 749 34,718
Street and highway lighting
Other Dublic authorities
76, 100
78, 718
77, 124
77, 852
76, 693
75, 598
78,238
80, 576
83, 922
15, 001
34, 802
15, 265
34, 382
15, 060
33,944
15, 171
35, 485
15, 170
35, 677
15, 517
36, 336
17,571
36,641
18,745
35, 851
19, 536
37, 269
393
367
389
425
377
20,141 21, 834 22, 323 20, 648 20, 413
680
691
734
789
(546
-do
do__~- 1, 683 ' 1, 721 r 1, 660 '1,733 ' 1, 706
149
160
133
155
148
Sales to ultimate customers total (EEI)
Commercial and industrial:
Small light and power§
432
23, 110
'821
1,790
144
449
25, 812
865
1,809
136
441
25, 058
716
1,771
134
429
24, 096
763
1,764
143
393
22,882
660
1,771
140
365
20, 808
655
1,768
149
357
21,046
631
1,822
170
357
23, 023
644
1,775
181
353
24, 100
675
1,797
192
Revenue from sales to ultimate customers (Edison
Electric Institute)
- - -mil. $_. 1, 141. 4 1, 200. 7 1, 256. 9 1, 201. 6 1, 171. 3 1, 221. 4 1, 262. 8 1, 240. 2 1,232.4 1, 215. 6 1, 205. 1 1,243.2 1, 287. 0 1, 326. 8
GAS
Manufactured and mixed gas (quarterly) :d"J
TOacisfantial
do
1, 540
1, 439
99
964
899
64
775
724
50
798
745
51
785
734
51
703
660
42
Residential
do
495
336
155
385
244
138
159
69
89
358
220
135
553
367
186
300
171
126
mil $
do
59.0
44.3
14.4
41.3
29.3
11.7
17.2
10.0
7.1
34.3
24.4
10.6
51.4
36.5
14.9
.29.1
19 1
97
thous
do
33, 940
31, 207
2 695
35, 435
32, 593
2 802
35 307
32, 537
2 731
36, 298
33, 350
2,908
36, 438
33, 418
3,020
36 308
33, 396
2 872
mil therms
do
26 412
8, 828
16 279
28 585
9,425
17 823
21 155
3,183
16 752
28 608
9,390
17 887
38, 799
17, 577
21 222
27 805
8,529
18 181
1 620.6 1,740.1 1,079.7
943.1
426.8
886. 2
689. 0
749.5 613.6
1,759.5
950.3
761.2
2, 624. 5
1, 620. 1
1, 004. 5
1 676 5
884 9
753.6
Revenue from sales to consumers, total?
Residential
Natural gas (quarterly) :cTt
Customers end of Quarter total 9
Residential
Sales to consumers total 9
Residential
Revenue from sales to consumers total 9 mil $
Residential
do
Industrial and commercial
do
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
8 39
Production
mil bbl
7 82
Taxable withdrawals
do
10.76
Stocks end of month
do
Distilled spirits (total):
12 50
Production
mil tax gal
Consumption, apparent, for beverage purposes
21., 58
mil. wine gal
10 35
Taxable withdrawals
mil tax gal
876 90
Stocks end of month
do
3,, 82
Imports
mil. proof gal-Whisky:
8., 74
Production
mil. tax gal
7. 08
Taxable withdrawals
do
852,, 54
Stocks, end of month
do
3.35
Imports
mil. proof gal
8 82
8.22
11.07
8 40
8.27
11.13
7 73
7.65
10.68
7.75
6.54
10.73
7 34
6.32
11.30
9.84
8.58
11.93
9.22
8.43
12. 08
10.05
9.24
12.24
11.21
10.21
12.50
10.42
9.85
12.38
r
9 66
9.61
11.68
13 58
14.36
17 07
16.07
15.53
15.03
13.96
15.93
15.72
14. 44
14.01
8.32
17.00
22.02
12 04
863 74
4.69
26.18
14 79
860 08
5.86
27.84
13.30
859 49
6.07
34.24
10.16
862 42
5.70
19.21
9.82
864. 86
3.12
18.98
9.85
866 37
3.31
24.06
10.93
868 44
5.06
22.64
10.95
870. 39
4.66
22.49
11.30
871 05
3.96
24.07
11 95
870 65
4.58
22. 18
9.85
866 20
3.41
21.76
10 65
865 42
4.33
5.26
9.41
7 45
841 75
3.40
9.69
8 41
837 21
4.00
11.06
10 85
832 56
5.19
10.40
9 60
830. 05
5 46
11.42
6.83
832. 18
5.07
11.36
6.71
834. 46
2.76
10.66
6 98
835. 65
2.96
12.27
7 36
837. 95
4.31
11.50
6.86
840. 22
4.10
10.05
6 92
840. 97
3.43
9.08
6 94
841 10
3.93
3.76
5 65
836. 60
3.00
13.33
6 62
836. 20
3.82
4.68
10 95
8 26
9 74
7 24
7 65
5.19
6 37
4.14
6 47
4 45
7 51
5 12
7 42
5 06
7 24
4 88
8 10
5 46
6 31
4.38
7 54
5 09
59
67
3 25
16
50
.72
3 00
20
50
.75
2 66
.13
44
.38
2 69
.06
68
.28
3 05
06
77
.42
3 36
.13
54
!41
-3 47
.10
57
.44
3 56
12
66
.51
3 62
.10
32
.31
3 60
.07
52
.41
3 66
.08
.09
13 27
95 09
15 01
15 38
251 82 243 53
1 39
1 86
6 68
14.66
231 23
1 54
3 36
12.35
218 15
51
3 04
12 68
207 19
84
3 73
3 05
14.20
16 25
193 14 179 75
1 41
1 35
3 28
12 22
170 56
1 27
2.53
13.59
157 01
1 27
1 48
9.91
146 16
86
3 92
13 57
137 14
1 01
1 19
35.19
18.26
3.48
5.18
2.39
3.79
3.42
3.42
17.60
39.41 ' 30. 67 132. 38
146 22
' Revised.
i Beginning Jan. 1965, data include Alaska and Hawaii.
©Revisions for months of 1962 appear on p. 24 of the Mar. 1964 SURVEY; those for the
months of 1963 on p. 28 of the Apr. 1965 SURVEY.
§Data are not wholly comparable on year to year basis because of changes from one size
classification to another.
8.10
7.71
9.99
23.00
11 10
868 76
4.22
Rectified spirits and wines, production, total
7.24 '7 69
8 42
mil proof gal
Whisky
'
do
5,. 27
6 10
5 46
Wines and distilling materials:
Effervescent wines:
40
43
Production
mil wine gal
49
Taxable withdrawals
„
do ~
.35
.50
.45
Stocks, end of month
.
do
3.00
3 38
3 17
Imports.
do .09
10
09
Still wines:
Production
do . 16. 86
59 12
16 10
Taxable withdrawals
do
13. 11
13 84
13 73
Stocks, end of month
_
do
185. 02 188 82 177 81
Imports
do
1 11
1 21
91
Distilling materials produced at wineries _.do
6.95
7.03
10.13
4.01
cTThe averages shown for gas are quarterly averages.
JRevised data for 1st and 2d qtrs. of 1962 appear in the Sept. 1963 SURVEY; those for 1st and
2d qtrs. of 1963 will be shown later.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
November 1965
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1964
Monthly
average
S-27
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
July
Aug.
Sept.
Oct.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory) J
Stocks cold storage end of month
Price wholesale 92-score (N Y.)
Cheese:
Production (factory) totalj
American whole milkl
... _ _
mil. lb__
do
$ per lb_
118.3
328.4
.590
120.2
179.7
.599
86.3
180.9
.623
95.0
149.2
.616
95.8
95.3
.629
121.0
66.5
.604
132.8
63.1
.587
126.0
71.0
.587
141.6
98.9
.587
140.2
132.1
.595
146.4
165.8
.598
135.8
207.9
.599
106.6
85.9
219.5 ' 192. 5
.602
.620
74.6
159.7
.627
mil. lb__
do
136.0
92.4
143.9
96.5
129.9
86.1
131.6
83.4
122.2
75.7
137.7
84.3
132.7
87.1
128.3
83.7
153.1
100.5
162.1
110.8
179.3
129.2
179.8
128.8
161.3
113.0
142 5
96 7
127.9
82.1
385.0 344.1 363.5
Stocks cold storage, end of month, total __do
344.9 302.4
318.6
American whole milk
do
6.9
6.5
6.9
Imports
do
Price, wholesale, American, single daisies (Chi.426
.434
.446
cago)
. _ ' . . _ $perlb__
Condensed and evaporated milk:
Production, case goods: J
6.6
7.9
7.2
Condensed (sweetened)
mil. Ib
157.3
145.1
Evaporated (unsweetened)
do - 158.1
Stocks, manufacturers', case goods, end of mo.:
6.6
8.5
9.6
Condensed (sweetened)
mil. Ib _
162.9
173.9
231.1
Evaporated (unsweetened)
__do
Exports:
4.7
5.2
3.9
Condensed (sweetened)
_—
do
q I
& A
Evaoorated (unsweetened)
do
Price, manufacturers' average selling:
6.01
5.99
6.00
Evaporated (unsweetened)
$ per cftse _
Fluid milk:
9,636
Production on farms
mil. lb__ 10, 417 10, 550
5,096
5, 240
4,342
Utilization in mfd dairy productsc?
do
4.11
4.16
4.33
Price wholesale U S average
$ per 100 Ib _
Drv milk:
Production:*
7.6
7.3
7.2
Dry whole milk
mil. Ib _
175.5 181.4
121.7
Nonfat dry milk (human food)
do
Stocks, manufacturers', end of month:
5.7
6.4
6.0
Dry whole milk
do
95.0
104.7
94.2
Nonfat dry milk (human food)
do
Exports:
2.5
'1.2
'1.3
Dry whole milk .
do
44.6 r 69. 9 '69.9
Nonfat dry milk (human food)
do
Price, manufacturers' average selling, nonfat dry
.144
.146
.148
milk (human food)
$ per lb_.
GRAIN AND GRAIN PRODUCTS
103.4 * 115. 5 ' 113. 7
Exports (barley corn oats rye wheat) mil bu
345.1
302.5
6.6
335.2
292.8
9.3
326.0
283.6
8.6
311.8
271.4
1.5
298.8
259.7
6.1
292.4
252.3
9.4
310.9
271.6
8.0
342. 1
299.3
7.0
378.7
333. 2
6.3
402.0 ' 415. 0
354.7 ' 364. 3
4.2
4.2
385.8
338.4
5.3
.451
.451
.455
.450
.444
.444
.441
.439
.439
.439
441
.449
7.8
131.8
6.6
114.2
10.5
127.3
9.3
122.5
4.6
120.5
8.0
133.1
10.1
149.4
9.4
183.7
5.4
180.8
9.1
159.2
85
152.7
56
136 0
10.3
227.4
8.3
219.5
6.9
185.3
7.3
154.5
5.8
123.8
5.7
99.8
7.0
113.6
7.7
165.9
7.9
199.0
9.1
224.9
85
235.6
73
228.2
4.6
5.9
6.8
1.9
6.5
1.3
15.1
5.9
5.1
7.0
6.3
3.5
2.0
4.4
2. 7
6.9
2.4
2.6
2.3
Barley:
24 405. 6 2 403. 1
4
285.9 4 271. 8
4
166.9
161.0
4
119.0 4 110. 8
'6.2
4.8
6.08
6.09
6.09
6.09
6.09
6.09
6.09
6.07
6.07
6.07
6.08
6 11
9,700
4,286
4.50
9,419
4,086
4.53
9,991
4,768
4.46
10, 342
5,075
4.37
9,796
4,939
4.29
11, 155
5,765
4.17
11, 416
5,942
4.02
12, 300
6,435
3.89
11, 773
6,354
3.86
10,888
5,554
4.01
10, 151
4 800
4.18
9,443
4,055
' 4.41
8.7
127.2
7.4
135.9
8.3
177.2
8.5
186.0
7.5
183.3
8.1
203.4
8.5
217. 3
7.6
244.6
7.7
224.9
5.6
169.8
4.7
131 2
5.4
100 6
6.3
87.6
6.0
92.0
7.0
108.8
7.6
117.4
7.7
127.7
6.7
114.6
8.8
123.2
7.7
153.3
7.8
154.9
7.6
135.5
6.8
111.5
6.0
72.9
.8
51.5
.7
66.9
1.1
49.7
1.7
18.3
1.2
7.6
2.2
11.1
1.8
51.0
2.7
30.3
1.2
44.4
1.1
53.0
3.1
63.3
1.1
69.2
.148
.146
.146
.145
.146
.144
.145
.145
.145
.146
.147
.148
' 121. 5
i 29.7
67.3
142.4
114.8
120.4
127.3
127.5
120 3
124 3
115.4
409.6
260.9
148.7
6.0
10.2
1.21
1.13
1.23
1.17
Corn:
24,092 23,549
Production (crop estimate, grain only) mil. bu
16.1
Orindings, wet process
.
.
do. - 15.4
15.9
Stocks (domestic) end of Quarter total
do
On farms
do
Off farms
do
Exports including malt§
do
Prices, wholesale (Minneapolis):
No. 2, malting
._ _..
$ per bu._
No 3 straight
do
Stocks (domestic), end of quarter, total
mil bu
On farms
_ do
Off farms
do
Exports, including meal and
flour
do
Prices, wholesale:
No. 3, yellow (Chicago) .
$ per bu
Weighted avg., 6 markets, all grades
do— _Oats:
Production (crop estimate)
mil. bu__
Stocks (domestic), end of quarter, total
do
On farms
do
Off farms. _.
!__
do
1.19
1.11
4
4
2,720
1,786
4
934
36.6
4
2, 780
4
1,814
4
966
40.1
'51,528
'5672
5855
39.5
1.24
1.20
1.23
1.23
1.26
1.25
2882
604
519
4
86
132.9
7.6
310.2
190.4
119.9
4.3
U.2
1.26
1.19
1.25
1.20
1.25
1.19
16.6
15.6
14.7
44.3
57.4
3,922
2,784
1,138
45.0
1.21
1.22
1.17
1.20
1.24
1.25
873
753
120
2979
4
620
4
545
4
76
4
4
.4
.9
.8
.9
.5
Exports, Including oatmeal
do— ~
Price, wholesale, No. 2, white (Chicago) f
.73
.70
.71
.71
.72
$ per bu—
Rice:
270.3 2 73. 1
Production (crop estimate)
mil bags 9
California mills:
122
127
44
Receipts, domestic, rough.
mil. lb_.
361
83
85
85
53
Shipments from mills, milled rice
do
76
56
Stocks, rough and cleaned (cleaned basis), end
123
132
of month
mil. Ib
28
183
180
Southern States mills (Ark., La., Tenn., Tex.):
462
438
Receipts, rough, from producers
mil. Ib—
1,348
1,758
407
305
270
335
436
Shipments from mills, milled rice.
do
308
Stocks, domestic, rough and cleaned (cleaned
997
1,045
basis), end of month
mil. lb_.
1,122
1,844
1,818
'244
220
Exports
do
160
200
154
.093
.086
.083
Price, wholesale, Nato, No. 2 (N.O.)_____$ per Ib—
.083
.083
Rye:
Production (crop estimate)
mil. bu. 4
229.2 233.5
Stocks (domestic), end of quarter, total
do
15.0 4 16. 8
29.7
1.28
Price, wholesale, No. 2 (Minneapolis). _.$ per bu..
1.30
1.27
1.25
1.21
' Revised.
» Preliminary.
1 See note "O" for p. S-21.
4
2 Crop estimate for the year.
s NOV. 1 estimate of the 1965 crop.
Quarterly average.
5 Old crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye, and wheat; Oct. for corn). «Less than 50,000 bu.
'i Beginning June 1965, data
include shipments to Gov't agencies.
JRe visions are available upon request as follows: Jan. 1961-June 1962 and Jan.-May 1963
for cheese and nonfat dry milk; Jan.-June 1962 and Jan.-May 1963 for butter and condensed,
evaporated, and dry whole milk.
.4
4 56
—..
3 407 7
2.5
205. 0
107.2
97.8
2.3
3.7
7.8
9.3
5.2
50
399 2
256 0
143.2
68
1.27
1.21
1.31
1.25
1.31
1.23
1.33
1.23
1.39
1.32
1.39
1.27
1.34
1.23
1.28
1.26
1.27
1 25
16.7
15.9
17.5
16.8
17.3
17.1
le.i
18.5
17.3
17.7
40.3
2,836
1,897
939
68.1
42.1
' 1, 915
1,265
'650
46.3
57.5
51. 6 '
s 1 160
5 594
5 566
48.8
43 3
1.26
1.28
1.29
1.26
1.31
1.28
1.33
1.31
1.36
1.31
1.33
1.26
1 28
1.21
712
624
88
.77
9,473
' 5102. 0
540 8
' 5 61. 1
.78
.1
.72
(«)
.74
3 4 128
283
5 221
563
(•)
.77
1 28
1.23
1 19
1.19
3 994
8
474
403
71
(1 8)
1 34
1.28
1.31
1 28
974
836
138
.5
.7
2.3
2.9
43
.77
.74
.72
.72
.71
.70
3
87
49
121
58
186
182
197
114
158
151
125
134
82
45
79
76
65
28
76 0
59
46
185
210
161
189
150
91
98
70
87
72
258
329
306
270
158
175
101
438
102
341
62
275
66
7422
238
220
907
244
1,547
385
1,670
273
.083
1,615
1
193
.083
1, 535
143
.083
1,225
540
.083
945
161
.084
718
392
.084
374
247
.084
334
322
.084
709
97
'. 082
v .082
21.2
1.21
1.18
1, 356
3 39 8
17.6
'512.9
35 4
1.18
1.14
1.17
1.16
1.11
1.10
1.13
1.15
1.17
cfRevised series; data reflect inclusion of creamed cottage cheese and frozen products
(formerly excluded). Revisions for 1946 and 1952-58 (former series) and 1958-62 (revised
series) appear on p. 24 of the Mar. 1964 SURVEY (data for the latter series have been further
revised; these revisions will be shown later).
§Excludes a small amount of pearl barley.
t Revised series (for No. 2; formerly, for No. 3).
9 Bags of 100 Ib.
SUKVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963 | 1964
Monthly
average
November 1965
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate), total — ....mil. bu_. U,142
1234
1908
3
337
Distribution (quarterly total)
—do
3
1. 564
Stocks (domestic), end of quarter, total_...do.-_.
3253
3
1,311
Fxports total including
flour
.--
do —
1 1, 290
1266
1 1, 025
3364
380
362
304
31,342
3 281
3 1, 061
1, 812
506
1,306
1,450
390
1,060
1 146
264
882
59.7 "68.3
62.2
53.3
66. 5
60.4
59.9
51.5
67.4
61.9
71.7
64.8
620.8
619.7
24.5
22.6
71.8
69.1
68.8
62.3
65.4
62.6
59.7
56.1
68.2
64.9
63.6
58.3
69.4
64.2
2.06
1.86
1.92
1.80
1.63
1.72
1.84
1.66
1.75
1.84
1.68
1.75
1.82
1.65
1.71
1.80
1.63
1.70
1.80
1.61
1.69
1.80
1.57
1.69
1.81
1.54
1.67
1.81
1.52
1.65
1.81
1.46
1.61
1.86
1.50
1.64
1.79
1.59
1.70
1.84
1.61
1.76
22, 135
93. 5
412
50,184
23, 329
100.6
435
52, 968
25, 017
102.9
462
56, 463
22,311
101.0
416
50, 765
21,104
86.6
396
47, 910
20, 166
92.7
377
45, 750
18, 102
83.3
336
41,042
22, 629
89.6
419
51,068
20, 128
83.3
373
45, 511
19, 656
89.5
364
44,331
23, 500
97.1
433
53, 168
18, 689
80.9
346
42, 328
22, 169
91.6
408
50, 275
23,264
101.6
431
52,864
35,276
2,629
4,840
2,620
3,606
2,347
5,068
2,956
6467
812
4,709
1,185
2,792
1,195
4,846
1, 554
1,403
2,277
4 136
2,250
5.652
5.390
5.673
5.487
5.735
5.493
5.773
5.477
5.623
5.387
5.610
5. 387
5. 585
5.310
5.560
5. 303
5.585
5.280
5.573
5.260
5.740
5.360
6.013 '5.938 P 5. 879
5.653 ' 5. 610 f 5. 576
402
378
1,805 2,094
1,173 7 1, 231
591
551
453
2,199
1, 301
861
514
2, 359
1,619
1,286
442
2, 111
1,528
1,309
449
2,254
1,245
527
404
2,166
1,207
428
384
1,919
965
279
473
2,226
1, 113
332
411
2,021
911
354
340
2, 043
995
367
378
2,219
1,152
328
387
2,238
1,045
338
428
2,337
1,254
533
22.86
19.79
26.21
25.82
19.79
25.00
24.88
19.33
20.00
24.42
19. 18
24.50
23.76
18.80
25.00
23.83
19.88
28.50
23.50
19.85
30.50
23.80
21.31
27.50
25.01
22.04
29.50
26.40
22.68
27.00
27.44
23.88
27.50
26.71
23.22
25.50
27.01 26.93
22.97 22.92
23.50 p 25. 00
5, 965 5, 972
1,646 7 1, 593
5, 630
1,506
6,804
1,860
6,546
1,750
6,648
1,766
6,047
1, 527
5,301
1,294
6,534
1,480
5,802
1,274
4, 719
1,199
4,717
1,260
4,430
1,090
4.750
1,166
5,475
1,228
1,231
14.92
16.40
15.13
14.07
14.94
15.58
16.56
16. 72
17. 26
19.86
22.26
23.09
23.88
22. 49
23.19
13.2
13.8
13.7
13.5
13.0
13.4 . 14.0
13.8
13.7
16.0
18.1
18.9
20.2
18.7
21.6
1,079
^7372
212
1,141
'512
433
1,213
551
394
997
394
134
1,053
336
134
1,062
278
122
850
209
129
986
227
133
989
199
136
918
229
116
966
294
136
976
278
113
973
334
191
1, 106
382
342
381
21.93
19.82
22.50 20.50
10 20. 31
(fl)
19.75
(<0
20.62
19. 62
22.25
(9)
23.88
CO
25.00
( fl )
23.25
(»)
26.50
(9)
26.00
(«)
24.75
(«)
23.75
(e)
23.00
'CO
23. 50
Prices wholesale:
.
No 1 .dark northern spring (Minneapolis)
*
'
$ perbu_. 2.42
2.20
No 2, hd. and dk.hd. winter (Kans. City) -do
2.33
Weighted a vg., 6 markets, all grades
do
Wheat flour:
Production:
, ,,.
Flour
thous . sacks (100 Ib . ) _ _ 21, 991
92.6
407
Offal
'.
..thous. sh. tons..
49,976
Grinding of wheat. ._
— - thous. bu__
Stocks held by mills, end of quarter
thous. sacks (100 lb.)_. 3 4, 712
2, 808
Prices .wholesale:
• '
Spring, standard patent (Minneapolis)
$per!001b__ 5.639
Winter, hard, 95% patent (Kans. City). ..do.... 6. 365
328
457
'4818
* 133
' 4 685
21,354
2302
2 1, 052
1,715
569
1,146
1.84
1.63
1.72
LIVESTOCK
Cattle and calvesSlaughter (federally inspected):
Calves
-thous. animals ..
Cattle
do____
Receipts (salable) at 27 public markets
do
Shipments feeder to 8 corn-belt States
do
Prices, wholesale : '
Beef steers (Chicago)
$ per 100 lb_.
Steers, stockerand feeder (Kansas City)__do____
Calves, vealers (Natl. Stockyards, 111.)— do
Slaughter (federally inspected) ....thous. animals..
Receipt" (salable) at 27 public markets
do
23. 79
22.95
30.00
Wholesale, average, all grades (Chicago)
$perl001b.__ 15. 03
Hog-corn price ratio (bu. of corn equal in value
to 100 Ib. live hog)
--- ---- 13.6
Sheep and lambs:
Slaughter (federally lnspected)__.thous. animals-- 1,163
444
Receipts (salable) at 27 public markets
do __
200
Shipments feeder to 8 corn-belt States
do __
Prices, wholesaleLambs average (Chicago)
$ per 100 Ib 8 18.69
17. 83
Lambsl feeder, good and choice (Omaha). do
8
10
478
2,406
1,304
906
1,412
26.58
22.88
(9)
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard In), Inspected
2,473 2,405 2,754 2,553 2,665
slaughter. _ _ _
_._ _. ..mil. Ib
2, 518 2,187
2,595 2,352 2,165 2,288 2,194 2,283 2, 459
2,292
Stocks (excluding lard), cold storage, end of
532
723
582
703
681
689
665
702
month
_-_
mil. lb_. 592
675
610
493
442
399
404
50
45
55
62
65
616
Exports (meat and meat preparations) t_ ... do
68
44
44
56
33
37
37
45
50
122
91
79
41
76
82
86
108
72
Imports (meat and meat preparations)! - - - d o _ _ _ _
63
87
81
93
98
102
Beef and veal:
Production, Inspected slaughter.. _ _ _ _ _ _ __do._ _ 1,137.4 1, 304. 4 1, 323. 3 1,421.3 1.271.7 1,370.4 1, 341. 5 1, 187. 8 1, 365. 8 1, 235. 4 1, 238. 9 1, 329. 5 1,323.1 1, 369. 7 1, 412. 5
291.4 267. 0 274.3 303.5 328.5 305.2 267.8 258.8 235.1 215.7
StocKs, cold storage, end of month
— do
217.2
181.6
176.6
186.5 203.3
Exports..
__ _
do
2.4
4.8
15.6
2.3
3.7
6.0
63.4
7.6
2.4
4.2
2.2
5.8
2.0
2.3
3.2
Imports
__ _ _ do
58.1
30.5
92.0
70.1
53.5
59.2
72.4
39.2
73.0
38.5
61.8
53.6
86.9
65.5
70.8
Price, wholesale, beef, fresh, steer carcasses, choice
.430
(600-700 Ibs.) (New York)
$ per Ib
.400
.398
.403
.403
.417
.419
.404
.408
.418
.446
.462
.450
.446
.450
.439
Lamb and mutton:
52.4
Production, inspected slaughter
-____mil. lb_.
56.6
52.0
52.6
57.3
53.7
43.2
50.1
45.2
48.9
49.4
44.7
46.5
46.3
53.2
Stocks, cold storage, end of m o n t h _ _ _ _ _ _ _ _ _ d o
16.2
19.5
15.3
13.0
13.1
12.3
13.7
11.2
11.0
11.4
10.6
9.9
10.39.8
10.2
Pork (including lard), production, inspected slaughter
_ mil. Ib 1,099.0 1, 116. 6 1,029.2 1,275.3 1,232.7 1,241.7 1,122.9 956.3 1, 179. 3 1, 067. 5 881,3 894.0 824.4
867.4 992.9
Pork (excluding lard):
Production, inspected slaughter
__do
856. 6 870.4 809.7 1, 000. 5
882.8 751.4
972.8 972.8
937.6 848.6 692.5 697.7 656.3 698.6
794.8
Stocks, cold storage, end of month
do
279.2 333.0 184.0
283.6 307.9 318.9 334.8 334.8 292.0 223.5 176. 1 134.8
221.7 275.0
125.9
Exports
__
do
5.5
11.1
11.5
5.8
6.6
62.6
8.9
7.3
4.9
4.3
3.5
3.8
3.0
4.3
4.0
Imports
do
17.9
7.4
17.6
17.5
18.1
20.6
17.3
21.0
27.7
22.1
26.8
18.6
20.5
23.1
21.0
Prices, wholesale:
Hams, smoked, composite
„__$ per lb_.
.464
. 458 .465
.462
.483
.475
.498
.463
.472
.485
.498
.531
5.72 » .542
.563
Fresh loins, 8-12 Ib. average (New York) .do _ _ _
.503
.443
.443
.478
.401
.403
.460
.452
.454
.453
.512
.587
.564
.571
.557
.576
Lard:
Production, inspected slaughter.
_._mil. lb__ 176.4
179.4 159. 3 200.7
190.2 195.8
149.4
174.8
175.4
159.4
137.7
143. 5 121.7 122.3 144.2
Stocks, dry and cold storage, end of mo
do_
125.4 '104.3
68.2
82.4
103.8
127.1 150.9 131.1 143.1
146.9
107.3
97.5
82.5
61.9
69.0
Exports
... _ ___
do
46.4
44.8
56.8
54.9
63.5
42.6 622.9
29.9
18.4
38.0
20.0
13.8
29.3
12.9
19.1
Price, wholesale, refined (Chicago)
$per fb
.135
.122
.136
.160
.148
.148
.149
.148
.156
.150
.140
.144
.161
.151 P . 162
' Revised.
* Preliminary.
JRevised effective Jan. 1961 in accordance with the Standard International Trade Classii Crop estimate for the year.
2 NOV. 1 estimate of the 1965 crop.
3 Quarterly average.
fication (SITC) grouping of items; this grouping excludes lard (included in former export
4
Old crop only; new grain not reported until beginning of new crop year (July for wheat)
series) and sausage casings (formerly included) but includes meat extracts, etc. (formerly
5 Beginning Jan. 1964, flour included in total is converted to grain equivalent on basis of
excluded). Data for Jan. 1961-Aug. 1962 are available upon request.
2.33 bu. of wheat to 100 Ib. of flour (2.3 bu. formerly used).
6 See note "O" for p. S-21.
7
Beginning July 1964, data are for 26 public markets.
8 Averge based on months for
8
which quotations are available.
No quotation.
i<» Choice only.
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
Monthly
average
S-29
1964
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
Aug.
July
Sept.
Oct.
FOOD AND KINDRED PRODUCTS § TOBACCO—Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil Ib
Stocks, cold storage (frozen), end of month, total
mil. lb—
Turkeys
-do
Price, in Georgia producing area, live broilers
$ per lb__
604
629
778
838
725
640
560
469
526
541
563
645
683
773
847
295
184
313
181
366
233
488
342
419
274
357
207 .
340
195
300
167
252
135
213
104
176
81
158
69
175
86
237
145
335
233
.138
.137
.142
.137
.140
.131
.135
.145
.150
.145
.150
,155
.155
.150
.145
.135
15.0
14.0
14.6
14.4
15.1
15.4
14.1
15.8
15.5
16.0
15.1
15.0
14.6
14.1
14.7
124
76
132
98
141
84
102
69
62
58
57
54
41
53
38
55
53
56
321
67
525
84
521
98
423
100
325
94
.331
.362
.363
.329
.308
.261
.277
.291
.308
.273
.294
.298
.341
.384
23.5
.253
22.4
.234
19.7
.234
23.9
.235
18.6
.226
24.4
.240
8.0
.226
22.1
.201
25.4
.168
25.5
.164
40.2
.159
37.7
.134
26.0
.118
36.2
.161
48.5
.171
2
3,922
2
5, 704
24 281
2 5 594
4, 071
5,041
1,986
1,902
1,660
772
601
525
.345
110
.479
116
206
Eggs:
Production on farms
_mil casesO__ U4.6
Stocks, cold storage, end of month:
132
Shell
thous cases O
73
Frozen
mil. lb__
Price, wholesale, extras, large (delivered; Chicago)
.343
$ per doz
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl shells)
thous Ig. tons
Price, wholesale, Accra (New York)
$ per lb__
Coffee (green):
Inventories (roasters*, importers', dealers'), end
Roastings (green weight) Quarterly total
do
Imports, total
_
__ do
From Brazil
do
Price, wholesale, Santos, No. 4 (New York)
$ per lb_.
Confectionery manufacturers' sales
mil $
Fish:
Stocks cold storage end of month
mil Ib
Sugar:
Cuban stocks, raw, end of month
thous. Spanish tons..
United States:
Deliveries and supply (raw basis) :§
Production and receipts:
Production
thous sh tons
Entries from off-shore total 9
do
Hawaii and Puerto Rico
do
Deliveries total 9
do
For domestic consumption
do
Stocks raw and refined end of month do
5
Export ' raw and refined
sh tons
Imports:
Raw sugar, total 9
-thous sh tons
From Republic of the Philippines
do
Refined sugar, total
do
Prices (New York):
Raw, wholesale.
Renned:
Retail (incl N S New Jersey)
"Wholesale (excl excise tax)
Tea, imports
4,470
5,672
2,330
728
461
156
1,296
2, 446
261
525
.475
138
.458
124
.450
117
.463
116
213
218
215
192
985
'550
80
25
166
753
967
1,006
1,960
367
924
.455
160
.483
160
195
219
929
' 1, 154
314
367
540
159
2,069
3,036
5,401
459
159
529
158
146
116
83
54
60
64
1,659
1,554
333
386
.453
123
458
109
167
141
410
1,245
599
1,870
215
167
836
832
809
806
738
730
866
860
1,998
975
971
965
830
823
1,676
1,409
2,085
2,700
342
352
171
187
148
143
359
91
292
98
7
429
183
7
391
104
22
381
109
8
347
91
16
132
46
5
« 14
' 2, 612
5, 330
110
107
2 654
5,112
1,206
1,556
1,812
411
551
.455
75
.455
104
.445
161
166
192
'210
225
3,525
3,055
2,823
2,133
1,831
457
278
.453
84
.460
94
137
152
2,105
3,275
3,200
215
108
1,502
196
197
250
145
245
240
83
253
239
65
98
401
198
753
745
617
609
797
780
2,893
2,619
775
756
855
846
2,731
2,490
883
876
2,420
2,170
1,928
123
347
403
196
71
154
35
3
238
56
20
333
138
6
373
82
9
373
72
4
194
69
6
317
191
290
3
78
.171
957
950
.438
1,598
219
141
1,006
r
996
1, 658
P 1, 275
166
121
156
2
:1
365
422
137
10
.081
.069
.062
.063
.061
.065
.069
.069
.066
.066
.068
.068
.067
'.068
.067
$ per 5 Ib
$ per Ib
.688
.111
«.657
.100
.603
.590
.089
.583
.091
.590
.095
.598
.095
.598
.093
.588
089
.594
.089
093
.591
.093
.595
095
.592
.095
.591
.095
.594
p. 095
thous. Ib
10,519
11, 133
10, 897
10, 674
10, 242
13, 084
4,066
7,176
16, 192
15, 994
10,463
11,028
6,372
9,173
14, 543
r 222. 0
246 0
263.9
238. 5
197.9
193.6
204.6
213.0
210 8
224.2
219.9
204. 2
240.2
274.3
113. 1
94.4
101.7
112.2
121.1
121.4
111. 0
113. 6
115.8
122.3
' 122. 9
106.4
103.2
96.9
' 237. 2
280. 3
277.8
249.9
234.0
212.4
220. 5
236.6
213 7
242.6
270 6
229 4
226.4
214.4
$ per lb_.
Baking or frying fats (incl. shortening):
Production
mil Ib '•215.4
Stocks (producers' and warehouse), end of month
132.4
mil. Ib
Salad or cooking oils:
'6 196. 7
Production
do
Stocks (producers' and warehouse), end of month
248.7
mil Ib
Margarine:
149.5
Production
do
Stocks (producers' and warehouse), end of month
46.3
mil Ib
Price, wholesale (colored; mfr. to wholesaler or
.238
large retailer; delivered)
$ per Ib
120. 9
105.4
110.1
137.5
118.8
162. 3
166.9
138.5
170.0
156.1
149.0
125.7
85.5
66.7
154. 8
162 1
182.2
143.9
166.7
163 2
167 2
170 5
154 3
142 0
145 1
142.9
148 6
164.9
46.4
40 2
44.5
47.2
48.0
50 3
44.6
53.1
51.5
51.5
47 0
48.5
44.5
41.9
.241
.238
.241
.250
.260
.256
259
.263
263
.263
.263
.263
'.261
.068
v . 261
FATS, OILS, AND BELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
' 41. 1
Production (quantities rendered). _ mil. Ib '6 44. 0
'47.4
'47.9
'46. 1 '39.6
40.6
46.9
47.3
43.3
45.3
43.1
45.5
39.9
39.6
Consumption in end products...
do
' 6 37. 0 '38. 7
34.1
30.4
'•39.1 '40.8 '34.1 '25.9
27.0
47.5
37.5
39.7
36.3
35.8
34.8
Stocks (factory and warehouse), end of month
29.2
41.3
34.1
24.6
24.0
41.7
43.4
45.3
35.0
27.6
23.9
21.5
mil lb
34.9
29.8
41.7
Tallow and grease (except wool), inedible:
Production (quantities rendered)
__.do
'6346.4 ' 308. 5 ' 351. 9 ' 406. 9 ' 375. 3 ' 381. 6 378.9
352.2
368.7
354.8
325.1 ' 343. 9
350.7
380. 3
351.0
Consumption in end products
do
184.0
149.5
187.7
'67183. 9 ' 191. 8 ' 199. 9 ' 208. 4 ' 179. 2 ' 198. 0 184.2
172.5
179.6
195.0
170 1
181.6
Stocks (factory and warehouse), end of month
383.2
312. 4 ' 366. 4
294.2
439 9
354.5 ' 320. 4 357.2
344.8
281.9
436.9
447 8
mil lb
418 9
371 7
353.5
Fish and marine mammal oils:
r
Production:}:
_
do
5
5
5
6 15. 5 r 15.0 r 19.8
'5.6
'8.3
'5.7
99
15.6
40.6
'37.7
22 3
40. 1
Consumption in end products
do_
7.4
6.1
7.2
6.4
6.7
6.3
6.0
6.5
6.4
7.6
7.1
5.7
6.0
5.7
6.8
Stocks (factory and warehouse), end of month
147.4
144.6
126.7
139.9
116.0
148.1
130.0
145.7
118.0
166.1 '204.4
191.9
mil. lb- 8 162. 7
126.9
126.4
' Revised.
s> Preliminary. 1 Beginning Jan. 1963, includes data for Alaska and Hawaii.
O Cases of 30 dozen.
cfBags of 132.276 lb.
2 Quarterly average.
s see note "O" for p. S-21.
* Effective Sept. 1963, includes small
§ Monthly data reflect cumula9 Includes data not shown separately; see also note "§
5
amounts of refined sugar, tinctured, colored, or adulterated.
Data beginning Jan. 1964
tive revisions for prior periods.
not entirely comparable with those for earlier periods. « Based on corrected annual total;
AFor data on lard, see p. S-28.
months not corrected.
^ Beginning 1962 on annual basis and Jan. 1964 monthly, data are
^Revisions for Jan.-June 1962 appear in the Sept. 1963 SURVEY.
not comparable with those for earlier periods; consumption for feed now based on Tenderers
8
shipments instead of feed mill reports.
Beginning March 1963, includes General Services'
Administration stocks no longer required for the strategic stockpile.
SURVEY OF CUKEENT BUSINESS
S-30
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
November 1965
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS-Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude
mil. lb__
Reflned
do
Consumption In end products
- - do
Stocks, crude and refined (factory and warehouse), end of month
mil. lb_Imports
do
Cora oil:
Production:
Crude
do
Refined
do
Consumption in end products J
-do
Stocks, crude and refined (factory and warehouse) endofmonthj
mll.lb-.
Cottonseed cake and meal :
Production.
thous. sh. tons-Stocks (at oil mills) end of month
__do
Cottonseed oil:
Production:
m
Crude
il lb
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil lb
Exports (crude and refined)*
do
Price, wholesale (drums; N.Y.)_
$ perlb..
Linseed oil:
Production, crude (raw)
mil. lb__
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) , end of month
_ mil. lb__
Price wholesale (Minneapolis)
$ per lb
127.3
42.2
'63.8
27.5
39.8
66.2
32.1
46.9
74.0
37.8
38.9
61.7
(2)
38.8
59.4
36.7
46.8
63.2
32.4
41.7
62.6
33.9
46.3
65.0
27.5
40.8
60.3
32.5
47.1
63.7
23.5
42.1
63.2
24.9
25.6
44.5
30.6
41.4
63.2
19.7
35.6
59.6
228.5 ' 166. 6
33.1
31.0
161.7
9.3
131.8
15.3
146.7
14.5
154.0
6.1
143.2
71.8
148.0
64.3
166.2
42.6
169.7
47.3
181.3
38.8
156.0
22.7
137.8
0
' 123. 5
7.1
115.3
24.8
32.5
30.3
29.4
34.5
32.8
'34.4
31.5
29.9
31.2
36.0
41.3
42.6
33.5
32.8
34.8
32.0
32.3
36.1
35.1
32.4
33.3
34.2
31.9
33.5
38.0
34.8
34.4
36.0
32.2
30.0
36.1
34.3
35.8
38.2
31.8
34.1
36.4
31.1
35.8
38.8
37.9
35.3
40.7
34.8
36.6
58.2
57.8
61.9
52.4
43.4
40.1
39.4
39.3
41.7
41.5
38.4
39.6
39.3
38.5
35.4
225.3
172.9
225.5
218.3
181.9
138.8
316.9
137.4
339.0
159.9
325.0
126.8
315.4
150.6
284.0
177.0
294. 5
192.7
222.7
220.7
181.9
238.5
126.1
207.6
98.9
168.5
71.9
110.8
191.0
77.4
159.8
131.4
161.1
133.3
7 117. 5
127.2
86.7
127.9
227.3
143.9
140.3
243.3
177.2
129.8
233.7
192.8
136.5
227.3
172. 9
121.3
205.9
162.4
131.1
213.6
192.8
122.0
164.6
135.5
110.8
135.0
119.6
106.8
93.0
98.9
121.5
72.6
92.1
105.8
50.0
80.3
113.0
132.7
95.5
130.6
599. 2
30.4
.153
' 642. 0
50.0
432.8
43.7
.130
450.1
35.0
.135
534.7
22.1
.150
506.3
88.7
.150
518.7
65.4
.149
546.9
43.0
.159
568.7
50.2
.170
583. 4
34.1
.164
560.0
26.9
.146
492.5
50.3
.138
420.6
41.5
.137
292.5
54.6
P. 136
253.8
30.6
3 .141
33.3
32.0
37.0
31.4
42.1
30.3
45.7
30.3"
35.2
25.8
34.7
25.8
34.7
'17.9
31.9
'18.8
39.5
'21.4
28.5
22.3
' 20. 5 ' 22. 3
31.3
'23.4
15.7
'21.5
37.2
'21.0
48.7
20.4
116.7
.127
' 147. 4
.134
' 150. 9
.133
' 177. 5
.139
185.5
.139
199.3
.139
204.2
.139
214.8
.139
212. 3
.139
205.0
.139
198.2
.137
184.6
.134
180.7
v . 132
184.7
852.3 1,027.4 1, 022. 2 1, 009. 4 1,001.9
112.8
102.6
100.7
120.3
186.8
877.5
199.0
956.8
181.7
882.0
194.0
944.1
239.5
856.2
205. 3
846.4
163.7
856.5
133.9
697. 2
74.2
29.0
46.2
60.5
r 1101. 4
Soybean cake and meal:
886.3
900.1
Production
thous. sh. tons131.8
127.3
Stocks (at oil mills) end of month §
__do
Soybean oil:
Production:
412. 0
421.1
Crude
mil lb
382.6
336.1
Refined
do _
' 368. 6
'•i 319. 8
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of monthj
mil. lb_. 1876.0 ' 766. 7
106.0
Exports (crude and refined)*
do
91.9
.12!3 a .123
Price, wholesale (refined ; N.Y.)
$ per ib._
Leaf:
165.0
.134
398.8
458. 4 .
434.8
482.5
444.3
432.5
467.9
392.1
368.7
464.8
370.5
338.6
463.3
377.4
321.7
408.5
348.2
319.1
448.2
395.0
359.0
415. 9
367.1
340.8
448.0
373.5
368.3
406.0
390.9
397.5
403.2
340.2
362.6
408.2
' 375. 8
373.8
329. 5
357.6
383. 7
577.8
124.8
.120
538.4
110.2
.129
532.7
117.8
.149
544.2
157.6
.140
586.6
68.4
.139
606.0
72.7
.142
613.8
146.6
.141
578.4
91.7
.145
573.3
85.1
.129
522.1
78.2
.121
499.0
61.0
.121
423.0
99.3
v , 131
298. 3
89.9
42, 519
38, 749
35, 737
15, 163
5,228
36, 116
16, 687
36, 137
14, 210
32,554
16, 181
15, 032
TOBACCO
Stocks, dealers' and manufacturers' end of quarter total
mil lb
Exports Incl scrap and stems
thous lb
Imports, incl. scrap and stems
do
Manufactured:
Production (smoking, chewing, snuff)
do
Consumption (withdrawals) :
Cigarettes (small):
Tax-exempt
millions
Taxable
- do
Cigars (large), taxable
do _
Manufactured tobacco, taxable
thous. lb__
Exports cigarettes
millions
42,344
<2,227
U,934
56, 037
16, 706
5,664
56, 081 '69,936
14,846
9,001
5,984
20, 802
7,025
13, 440
5,596
43, 966
53, 208
15, 035
16, 189
13, 470
12,849
13, 583
12,677
15, 449
14, 213
13, 143
15, 140
12, 112
3,986
43,303
689
14,820
2,827
3,571
47, 136
777
15, 139
1,844
3,237
41, 548
784
13, 727
2,042
4,557
39, 898
444
13, 306
2,843
2,088
39, 086
602
13, 098
718
3,380
40, 210
554
12, 101
1,329
3,705
47,385
642
15, 248
2,333
4, 014
43, 483
633
13, 718
2,094
3,919
40, 841
714
13, 228
2,795
3,846
47, 063
659
14, 904
2,109
3,672
4,907
39, 727 '46,647
607
697
12, 636 14, 553
1,984
1,831
1,948
6 4,942 e 5,252
42, 124 '42,536
13, 985 14, 971
5,069
69. 311
16, 521
13, 9(50
15, 004
3,424
42,466
547
13, 709
1, 968
3,554
41, 454
675
14, 630
2,095
50, 425
15, 382
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9
—•-thous. $.. 6,215
155
Calf and kip skins
.
thous. skins. _
664
Cattle hides
_
thous. hidesImports:
Value, total 9 thous. $._ 5,253
Sheep and lamb skins
thous. pieces.. 7 2,192
1,231
Goat and kid skins
_
do.
Prices, wholesale (f.o.b. shipping point):
Calfskins, packer, heavy, 9^/15 lb
$ perlb.. p..365
P. Ill
Hides, steer, heavy, native, over 53 lb.
do.
7,724
199
959
8
7,810
162
945
8,385
173
1,004
9,005
204
1,101
7,922
228
1,021
4,531
130
5,150
130
702
6,037
253
1,214
10, 244
226
1,324
11,809
210
1,496
10,023
218
1,219
9,720
186
1,147
8,131
190
928
7,737
190
841
6,823
2, 538
1,074
8,077
3,527
4,083
871
863
4,382
1,052
570
5,664
1,378
925
2,627
616
377
6.213
2,246
963
11,659
6,322
1,687
9,330
4,288
1,893
7,353
2,799
1,409
1,825
1,430
7,664
3,763
820
5,545
1,999
1,282
6,772
2,607
1,225
.450
.119
.450
.124
.450
.119
.500
.114
.500
.104
.480
.105
.520
.105
.520
.116
.550
.139
.525
.134
.525
.156
.550
'.194
P. 550
v. 174
. 106
LEATHER
Production:
565
Calf and whole kip
thous. skins..
466
545
572
639
629
637
532
506
574
'397
1,895
1,875
1,884
1,979
Cattle hide and side kip...thous. hides and kips.. 1,804
1,903
1,941 2,068
1,845
2,033 2,022
1,952
1,984
1,575
1,120
1,147
1,085
Goat and kid
thous. skins.. 1,182
1,073 1,047 1,092 942
1,235
1,162
973
1,248
1,317
1,071
2,333 2,261 2,450 2,508 2,505
Sheep and lamb
do.... 2,864
2,629 2,528
2,750 2,630
2,723
2,646 2,637 1,902
Exports:
Glove and garment leather. _
thous. sq. ft._ 4,640
3,875 2,834
3,828 3,015 3,955 '2,849 4,486
6,804 5, 207 4,836
7,136
5,627
5,420
Upperand lining leather.....
do.— 3,423
3,548 3,241 3,307
2,756 3,496
Prices, wholesale:
Sole, bends, light, f.o.b. tannery
$ per lb.. ». 678 » . 662
.657
.663
.695
.695
.710
.700
.710
.710 '.790 P . 764
Upper, chrome calf, B and C grades, f.o.b. tannery
$ per sq.ft.. »1.151 »81.200 1.197 1.223
1.223
1.223
1.237
1.237
1.252
1.243
1.237
1.248
1.238
1.238 * 1. 230
r
2
8
Revised.
v Preliminary.
* Average based on reported annual total.
N0t availof the United States."
Effective Jan. 1964, data exclude items presently reported in Ibs.
9
able.
3 Beginning June 1964, data are not comparable with those for earlier periods because
instead of pieces.
Effective Jan. 1965, data are for all leather, except sole and rough; see
of changes in specifications or reporters (for leather); mo. avgs. are for 7 mos., June-Dec.
note "O" for p. S-21.
{Revisions for 1962 nppear in the Sept. 1963 SURVEY.
May 1964 prices on new basis: Cottonseed oil, $0.132; soybean oil, $0.103; leather, $1.180.
*New series. Data prior to Sept. 1962 may be obtained from Bureau of Census reports.
4
Crop estimate for the year.
« Nov. 1 estimate of 1965 crop. 6 Quarterly average. ? Ef§Monthly averages for 1951-56 (corrected) appear in the Aug. 1964 SURVEY.
fective Sept. 1963, data reflect minor changes in coverage to conform with "Tariff Schedules
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
November 1965
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1964
Monthly
average
S-31
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production totalj
__thous. pairs.. 50, 361
Shoes, sandals, and play shoes, except athletic
thous. pairs.. 42, 477
6,468
Slippers for house wear
do
813
Athletic
do
603
Other footwear
do
Exports
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt
1957-59=100-.
Women's oxfords, elk side upper, Goodyear
welt
—
1957-59=100Women's pumps, low-medium quality— _do
51, 831
52,967
53, 413
47,881
50, 047
52, 426
52, 779
59, 926
52, 365
49,436
51, 145
46, 209
57, 105
43, 457
7,205
42, 395
9,177
41, 684
10, 471
42,982
5,991
523
551
46, 800
4,876
46, 388
5,585
51, 817
7,223
44, 837
6,699
461
797
38,289
8,485
461
646
559
191
629
177
702
184
629
200
41, 557
7, 097
43, 084
7,241
39, 722
5,974
48, 184
8,185
163
219
133
145
198
190
291
247
555
613
434
961
580
202
587
233
353
160
171
115
191
170
159
105.1
105.9
105.1
108.8
108.0
108.0
108.0
108.0
108.0
109.6
109. 6
109.6
106. 5
110.7
106.5
111.0
106.5
111.0
106.5
111.7
106. 5
111.5
106.5
111.5
106.5
111.1
106.5
111.1
106.5
111.0
106.5
111.2
106.5
111.3
106.5
111.2
549
187
231
237
109.6
110.1
110.1
106.5
112.8
106. 5
112.4
106.5
112.4
LUMBER AND PRODUCTS
LUMBER— ALL TYPES
National Lumber Manufacturers Association:^ O
Production total
mil. bd. ft—
Hard woods
do
Softwoods
do
2, 879
560
2,318
2,951
491
2,460
3,204
491
2,713
3,085
509
2,576
2,738
509
2,229
2,642
441
2,201
2,488
465
2,023
2,723
485
2,238
3,270
478
2,792
2,981
470
2,511
2,980
533
2,447
3,111
539
2,572
2,969
518
2,451
3,262
552
2,710
3,349
507
2,842
2,868
543
2,325
2,966
524
2,441
3,050
518
2,532
3,098
557
2,541
2,709
559
2, 150
2,556
489
2,067
2,657
520
2,137
2,807
557
2,250
3,107
550
2,557
3,088
528
2,560
3,112
557
2, 555
3,229
539
2,690
3,193
515
2,678
3,316
548
;2,768
3,208
537
2,671
6,518
1,842
4,676
6,393
1,750
4,643
6,412
1,693
4,719
6, 358
1,638
4,720
6,389
1, 590
4,799
6,434
1,536
4,898
6, 274
1,474
4,800
6,180
1,394
4,786
6,225
1,312
4,913
6,106
1,250
4,856
5,974
1,224
4,750
5,864
1,224
4, 640
5, 645
1,226
4,419
5,566
1,229
4,337
5, 698
1,196
4,502
73
2445
80
437
80
470
78
390
76
405
72
319
170
180
50
378
84
520
76
394
81
411
70
532
86
500
85
513
77
449
691
539
743
566
717
442
817
530
690
555
691
607
858
750
550
656
802
676
814
684
782
682
814
624
838
673
773
654
719
550
690
689
987
747
737
1,062
770
745
1,084
731
729
1,065
665
666
1,089
625
639
1,075
663
716
1,038
721
643
1,115
867
782
1,200
820
806
1,215
742
785
1,172
804
872
1,104
712
788
1,021
788
792
998
832
823
1,007
31
Exports, total sawmill products
do
12
Sawed timber _
do. __
19
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft_. 79.92
Flooring, C and better, F. G., 1" x 4", R. L.
$ per M bd. ft.. 134. 22
Southern pine:
Orders new _
. mil. bd ft
508
Orders, unfilled, end of month
do
280
31
11
19
24
7
17
35
13
21
25
10
15
27
7
19
135
19
125
26
8
17
33
11
22
32
11
21
35
11
24
28
7
21
38
15
23
32
7
25
34
9
25
Shipments total
Hardwoods
Softwoods
-do
do
do
--
Stocks (gross), mill, end of month, total-_do
Hardwoods
do
Softwoods
do
Exports total sawmill products
Imports, total sawmill products
_.
SOFTWOODScTO
Douglas fir:
Orders new
Orders unfilled, end of month
_
mil. bd. ft
_do
Production
Shipments
Stocks (gross), mill, end of month
do
do
,,
do
do
do
81.14
81. 40
81.05
79.75
78.69
82.60
83.45
82.64
81.69
81.22
80.01
80.84
153. 07
155. 52
155. 52
155. 52
155. 52
155. 52
157.64
158. 19
158. 19
158. 19
157. 10
157. 10
529
274
536
253
554
265
490
260
459
281
583
357
475
346
568
341
582
381
618
380
579
374
605
387
615
388
591
373
529
527
537
543
520
542
505
495
528
438
500
507
498
486
566
573
560
572
519
589
540
585
562
592
543
614
582
606
1, 335
8,557
976
7,581
1, 284
8,033
800
7,233
1,262
8,500
860
7,640
1,272
6,711
532
6,179
1,362
9,471
1,187
8,284
1,355
i 2, 515
1,367
4,790
1,360
12, 117
1,348
10, 932
1,278
12, 380
1,233
9,126
1,203
8,136
1,132
8,762
1,108
6,212
92.7
92.4
92.9
'92.7
92.0
92.3
92.5
92.6
92.3
92.0
92.5
93.4
95.0
96.0
95.3
95.0
95.3
95.3
95.6
95.6
95.6
95.6
96.0
96.0
96.3
96.8
97.3
98.2
880
463
913
430
966
434
726
413
848
463
813
537
806
479
960
524
889
511
906
505
947
532
1,064
590
1,025
526
935
507
832
840
1,654
882
871
1, 606
1,087
936
1,723
1,003
962
1,764
781
747
1,798
809
798
1,809
646
738
1,716
766
865
1,617
965
916
1,666
848
901
1,613
923
912
1,624
938
921
1, 641
917
1,005
1, 553
1,068
1,055
1,566
1,124
954
1,736
67.42
65.49
63.73
63.52
62. 63
63.15
63.66
68.44
70.55
70.70
70.33
68.28
66.65 '66.34 P 66. 34
2.9
10.8
2.8
2.7
6.5
2.7
11.4
2.4
2.6
6.2
2.5
10.9
2.1
2.3
4.4
2.6
10.6
2.8
2.9
4.3
2.2
10.4
2.0
2.4
4.2
2.1
10.1
2.3
2.4
4.0
2.5
10.7
2.2
1.8
4.3
2.8
11.5
2.3
2.1
4.6
2.8
12.0
2.5
2.4
4.6
2.4
11.8
2.6
2.4
5.0
2.4
11.6
2.5
2.6
4.8
3.1
11.8
2.9
3.2
4.4
3.4
11.9
2.4
3.0
3.8
1.9
11.4
2.2
2.9
3.1
2.6
11.4
2.6
2.7
3.0
68. 3 '
45.2
69.3
69.1
43.6
68.3
50.4
70.2
68.7
52.2
67.0
48.8
70.2
72.4
47.9
65.7
39.5
74.3
74.7
47.5
57.7
35.3
64.8
62.0
50.4
54.8
35.6
67.0
58.8
54.5
65.8
39.4
65.0
62.0
57.5
58.3
45.8
60.1
54.7
60.2
63.2
47.7
64.3
63.7
58.5
71.2
54.6
64.9
66.2
56.7
72.2
61.9
61.7
62.6
51.8
69.5
56.2
65.1
70.0
46.7
73.2
62.2
63.5
67.2
42.9
83.3
70.0
68.9
72.5
37.7
71.6
70.2
70.7
71.4
37.0
Production.
do
501
Shipments
do
505
Stocks (gross), mill and concentration yards, end
of month.
_
mil. bd. ft__ 1,380
Exports, total sawmill products
M bd. ft__ 6,414
Sawed timber
_
do
832
Boards, planks, scantlings, etc.__
do
5,583
Prices, wholesale, (Indexes):
Boards, No. 2 and better, I" x 6", R. L.
92.5
1957-59=100—
Flooring, B and better, F. G., I" x 4", S. L.
95.2
1957-59=100—
Western pine:
Orders, new..
mil. bd. ft__
840
Orders, unfilled, end of month
do
383
Production
_
do
Shipments
do
Stocks (cross), mill, end of month
_do
Price, wholesale, Ponderosa, boards, No. 3, V x
12", R. L. (6' and over)
$per M bd. ft-
' 83. 34 P 83. 42
r
155.79 P155. 79
HARDWOOD FLOORING
Flooring:
Maple, beech, and birch:
Orders, new
mil. bd. ft—
Orders, unfilled, end of month.
do
Production
do
Shipments
do
Stocks (gross), mill, end of month
do
Oak:
Orders, new
do
Orders, unfilled, end of month. __
do
Production
do. .
Shipments
._ .
do
Stocks (gross), mill, end of month.
do
2
'Revised.
P Preliminary.
1 See note "Q" for p. S-21.
Beginning Sept. 1963,
data exclude small amounts formerly included, t Revisions by months for 1961-Apr 1964
are shown in Bu. of Census reports M31A (62)-13 and (64) Supplement 1. Beginning 1962
data are adjusted to the level of production indicated by the 1963 Census of Manufactures.
cfRevised data will be shown later as follows: Jan. 1961-Dec. 1963 for production, shipments, and orders; Jan-Dec 1963 for stocks; revisions for 1951-62 for stocks appear on p. 28
of the Jan. 1964 SURVEY. ©Beginning Jan. 1961, data for Alaska included in pertinent items.
SUKVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
November 1965
1964
1964
Monthly
average
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous sh tons
Scrap
-- do
Pig iron*
do
185
530
6
286
657
15
273
677
22
310
619
8
269
495
14
353
624
10
Imports:
Steel mill products f
Scrapf
Pigiron*
-
454
19
55
537
25
63
493
24
48
555
36
101
734
36
75
6,994
4,360
2,634
7, 052
7,344
7,228
4,532
2,696
7,133
7,510
7,498
4,648
2,850
7,579
7,428
P 32. 77
"34.70
34.90
36.00
' 6, 772
' 6, 484
3,535
-
--•
do_ _
_do__ _
do
Iron and Steel Scrap
Production and receipts, total
thous. sh. tons.. 6, 168
3,715
Home scrap produced
do
2,453
Purchased scrap received (net)
do
6,218
Consumption total
do
7,977
Stocks, consumers', end of mo
— do
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$perlg. ton.. 26.78
27.00
Pittsburgh district
do
Ore
Iron ore (operations in all U.S. districts) :
6, 060
Mine production
- thous. Ig. tons_
6, 156
Shipments from mines
do
2, 791
Imports
do
U.S. and foreign ores and ore agglomerates:
8, 458
Receints afc iron and steel plants
do
8, 669
Consumption at iron and steel plants
do
568
Exports
do
73 798
Stocks total end of mo. -do
15^ 049
At mines
do
53,377
At furnace yards
do
5, 372
At U S docks
do
84
Manganese (mn content) general imports^ do
2281
162
344
3
281
770
3
230
597
5
200
623
2
177
472
1
188
711
1
195
561
2
204
550
2
523
23
49
347
19
29
452
16
32
1, 025
18
28
908
21
68
1,014
17
99
1,192
28
80
1, 094
17
67
1,061
22
96
786
15
114
7,218
4, 534
2,683
7,372
7,287
7,598
4,767
2,831
7,542
7,413
7,467
4,742
2,725
7,756
7,138
7,284
4, 463
2,821
7,417
7,002
8,446
5,174
3,272
8,529
6,915
8,300
5,002
3,298
8,248
6, 960
8, 111
4,890
3,221
8,043
7,027
8,083
4,863
3, 220
8,021
7,066
7,569
4,728
2,840
7,582
7,051
35.41
38.00
36.39
39.50
36.98
40.00
36.61
39.00
35.79
38.00
35. 41
36. 75
35.52
37.50
35.66
38.50
33. 88
35.00
33.84
35.00
32.73
35.00
*>30.66
»31.00
9,002
10,222
4,717
7, 730
10, 201
4,385
5,290
7,678
3,700
4,459
2,945
3,501
4,516
1,782
2,192
4,169
1,747
2,382
4,780
1,966
2, 943
5,469
4,622
3,489
9, 144
10, 913
4,120
10, 102
11,333
5, 106
10, 508
12, 481
4,505
10, 851
11, 699
5,128
3,894
9,860 13, 676
10, 183 10,270
580
945
'72,703 '80,948
'16,229 '17,332
52, 225 59. 759
4,249
3,857
13, 141
11,069
928
76. 367
10, 439
61, 831
4,097
11, 476
10, 900
648
74. 465
8,051
62, 407
4,007
6,249
11, 472
309
70. 490
9,565
57, 184
3,741
3,981
11, 522
2139
65, 179
12. 310
49, 643
3,226
4, 053
10, 446
195
60, 990
14,732
43,249
3,009
4,748
11, 566
196
56, 431
17, 546
36, 431
2, 454
7,081
11, 162
516
52, 577
18,393
32, 350
1,834
14, 082
11, 682
929
53,079
16, 624
34, 750
1, 705
15, 256
11, 083
950
55,909
15,392
38, 923
1,594
15,929
11, 133
1, 037
58, 931
13, 420
43,710
1, 801
15,367
10,897
1,033
62, 675
12,572
48, 181
1,922
13, 224
9,764
544
2115
(12)
51, 641
2, 230
86
41
92
194
108
97
104
71
122
97
109
74
115
105
5,993
6, 057
7,133
7,198
7,142
7,262
7,780
7,843
7,674
7,641
7,958
7,955
8,013
8,012
7, 312
7,362
8,204
8,309
7,951
8,030
8,195
8,165
7,849
7,864
7,780
7,836
7,661
6,690
62.75
P 63. 00
P63.50
Pig Iron and Iron Products
Pier iron:
Production (excluding production of ferroalloys)
thous. sh. tons. .
Consumption
do
Stocks (consumers' and suppliers'), end of mo.
thous. sh. tons..
Prices:
Composite
- $ per Ig. ton..
Basic (furnace)
do
Foundry No 2 Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments, total
do
For sale
•
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments total
do
For sale
do
2,814
2,501
2,404
2,375
2,410
2,461
2,461
2,458
2,374
2, 300
2,402
2,508
2,505
62. 87
63.00
63.50
62.75
63.00
63. 50
62.75
63.00
63. 50
62.75
63.00
63.50
62.75
63.00
63.50
62.75
63.00
63.50
62.75
63. 00
63.50
62.75
63.00
63.50
62.75
63.00
63.50
62.75
63.00
63.50
62.75
63.00
63. 50
62.75
63.00
63.50
62.75
63.00
63.50
62. 75
63.00
63.50
783
1,064
591
845
1, 193
678
859
1,255
762
878
1,221
733
841
1,202
726
855
1,202
682
924
1,241
699
949
1,201
674
974
1,425
812
940
1,404
816
960
1, 376
822
917
1,454
869
'925
' 1, 282
'771
866
1,270
782
81
78
44
103
83
49
112
85
52
115
76
54
121
76
47
122
83
49
123
95
54
130
90
50
136
109
61
139
100
56
152
96
53
144
105
60
'165
'81
'44
171
82
51
9,105
112.5
10, 590
130.5
10, 669
133.6
11, 568
140.2
11, 292
141.4
11, 612
140.7
11, 830
143.4
10, 866
145.8
12, 347
149.7
11, 966
149.9
12, 012
145. 6
11,593
145.2
11, 551
140.0
11,324
137.3
219
125
100
'329
153
122
316
157
124
344
163
127
340
154
121
337
163
127
370
158
124
334
159
125
363
181
145
362
173
137
355
164
131
357
178
143
368
134
105
377
152
120
342
129
98
459
146
112
412
151
115
427
153
117
445
144
111
459
156
117
485
155
125
491
159
126
494
192
151
484
173
135
512
162
127
510
172
134
'544
'152
'114
568
154
114
6,296
263
443
603
92
7,079
352
507
708
116
7,344
361
554
726
96
7,367
386
562
793
99
7,314
418
546
762
108
7,673
401
540
834
129
8,050
385
566
844
132
7,839
414
530
742
135
9,590
469
638
871
163
10, 101
489
648
881
166
7,874
395
569
811
148
7,887
394
577
808
132
7,699
379
590
833
101
8,634
403
606
856
101
6, 698
333
516
827
96
972
1,142
1,100
1,182
1, 145
Bars and tool steel, -total—-—
..do
631
740
700
709
745
Bars' Hot rolled (incl. light shapes)
do L
269
304
302
265
Reinforcing.
_ _ _ d o 224
110
122
121
131
126
Cold
finished
do....
587
678
733
692
Pipe and tubing
do
610
262
259
273
273
234
Wire and wire products
.do
'488
507
476
430
Tin mill products
__ _
do
399
2,852
2,984
2,949
3,092
Sheets and strip (incl. electrical), total. __ do. _. . 2, 587
735
829
879
867
862
Sheets* Hot rolled
do
1,209
1,308
1,341
1,279
Cold rolled..
_do
1,458
Steel mill products, inventories, end of mo.:f
10.0
9.7
9.6
10.0
Consumers (manufacturers only) __. mil. sh. tons__
10.5
4.8
5.2
Receipts during month
__
do
5.4
5.1
5.5
4.7
5.0
Consumption during month
do
5.3
4.7
5.0
3. 4
Warehouses (service centers)
do. .
3.7
3.7
3.8
3.9
Producing mills:
7.4
In process (ineots, semifinished, etc.)
do....
8.4
8.6
8.8
9.0
7.1
Finished (sheets, plates, bars, pipe, etc.) .do
7.8
8.3
7.8
8.5
Steel (carbon), finished, composite price.. .$ per Ib... .0705
.0715 .0715
.0715
.0715
r
2
Revised.
v Preliminary.
* Less than 500 tons.
See note "Q" for P- S-21.
*New series. Monthly data back to 1953 are available.
^Beginning Sept. 1963, imports reflect adoption of the U.S. tariff schedules; data are not
strictly comparable with figures for prior periods.
cf Data reflect adjustment to industry levels as derived from complete canvass for 1962;
1,170
755
266
139
671
227
415
3,286
901
1,572
1,199
848
186
155
601
273
635
3,415
955
1,610
1,157
786
201
160
688
280
636
3,256
929
1,507
1, 462
986
262
203
970
369
818
3,829
1,060
1,774
1, 534"
1,041
279
203
1,040
420
1,026
3, 896
1, 182
1,747
1,266
827
285
145
778
306
317
3, 286
960
1,489
1,282
814
305
152
734
298
419
3,244
942
1,485
1,211
767
298
138
744
268
521
3,052
893
1, 409
1,328
836
315
167
877
323
733
3,406
1,009
1,538
1,083
644
291
139
588
248
275
2,733
797
1,178
11.2
6.0
5.3
4.1
11.9
6.0
5.3
4.1
12.5
5.9
5.3
4.1
13.7
7.3
6.1
4.1
15.1
7.4
6.0
4.2
15.5
6.2
5.8
4. 2
15.8
6.2
5.9
4.2
16.3
5.5
5.0
4.4
'17.2
6.0
'5.1
'4.6
'17.0
'5.3
'5.5
'4.6
9.1
8.7
.0715
9.2
8.6
.0715
9.0
8.4
.0715
7.9
8.4
.0715
7.8
6.7
.0715
8.1
7.1
.0715
8.2
7.3
.0715
8.4
7.5
.0715
Steel, Crude, Semifinished, and Finished
Steel ingots and steel for castings:
Production
_ __
thous. sh. tons
Index.
1957-59=100..
Steel castings:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipm ents , total
do
For sale, total
do
Steel forgings (for sale) : cf
Orders, unfilled, end of year or mo
..do
Shipments, total
do
Closed die (drop, upset, press)
...do
Steel products, net shipments :
Total fall grades)
__
do
Semifinished products
_ _
do
Structural shapes (heavy), steel piling do
Plates
__do
Rails and accessories
__
do
62.75
'9,949 *> 9, 292
' 124. 6 v 112. 6
8.2
'8.2
7.0
'7.3
.0715
. 0715
annual shipments for 1962 were raised by 10%, backlog (as of Dec. 31,1962) by 9%. Revisions
for Jan. 1962-Apr. 1964 will be shown later.
fEffective Oct. 1963 SURVEY, data for steel consumers reflect recalculated estimates based
on quantity coverage factors. Revisions back to Oct. 1961 appear in the Oct. 1963 SURVEY.
SURVEY OF CUEKENT BUSINESS
November 1 6
95
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963 j 1964
Monthly
average
S-33
1964
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders, new (net)
Shipments
Backlog, end of year or mo
336
341
2,322
375
353
2,712
408
362
2,599
355
379
2,575
433
320
2,727
358
309
2,712
386
316
2,740
417
294
3,751
413
365
3,022
439
351
3,071
570
318
3,279
458
363
3,245
337
329
3,268
341
413
3,176
1,273
1,922
1,258
2,026
1,246
2, 262
1,165
2,036
1,146
1,879
1,154
1,959
1,243
1,711
1,303
1,665
1,281
2,267
1,372
2,200
1,280
2, 057
1, 251
2,171
' 1, 264
2,001
1,301
2,126
385
395
496
422
325
331
318
° 368
343
472
372
421
458
538
192.7
59.0
212.7
58.0
211.3
51.0
218.4
58.0
214.0
50.0
222.8
54.0
222.7
56.0
203.2
56.0
230.0
62.0
226.6
62.0
237.0
63.0
227.6
66.0
235.1
57.0
234. 9
218.7
34.7
3.4
13.8
32.7
4.1
17.4
44.3
3.5
19.1
25.6
3.3
17.2
20.3
3.8
15.1
27.8
3.7
20.3
12.9
1.1
* 17.5
33.4
3.9
15.6
46.2
5.2
27.7
41.7
5.0
13.1
51.1
4.6
18.3
65.6
5.6
16.7
51.4
5.1
19.0
45.6
6.8
15.7
39.6
4.9
17.6
105.6
.2262
103.5
.2372
109.9
.2400
121.4
.2400
116.1
. 2410
'96.5
.2434
107. 5
.2450
97.7
.2450
81.0
. 2450
75.9
.2450
63.4
.2450
79.4
.2450
83.0
. 2450
81.1
.2450
71.0
.2450
524.1
354.8
166.3
3 100. 6
588.3
402.6
189.5
3104.5
606.5
404.4
186.5
82.4
576.0
410.9
183.8
72.2
536.8
382.4
171.4
80.0
651.0
530.6
422.0
401.5
187.8
192.0
85.2 '3113.2
614.7
414. 3
196.2
' 116.7
778.6
528.5
263.5
' 136. 4
726.3
531.1
275.4
122.2
785.1
535.8
270.1
115.0
713.9
517.6
248.0
121. 7
'599.0
' 436. 9
r
201. 4
396.6
651.7
455. 6
200.7
101.1
133.0
101.6
31.4
24.0
103.9
138.0
105.0
33.0
27.7
93.1
110.4
83.0
27.4
27.1
115.3
140. 4
107.9
32.4
32.0
111.1
134.8
110.7
24.1
26.6
111.7
156.1
121.9
34.2
33.7
115.7
146.6
115.0
31.6
31,4
107.1
131.4
107.0
24.3
31.2
121.4
150.1
118.8
31.3
35.4
116.7
150.0
109.5
40.5
35.5
119.2
144.6
116.6
28.0
37.9
116.2 «• 105. 8
147.8
1.43. 8
110.2
116. 1
37.5
27.7
35.3
34.4
45.1
9.9
48.7
11.5
51.1
14. 1
52.4
9.5
36.3
11.4
69.8
14.0
26.2
6.7
45.4
8.2
35.5
12.6
65.7
10.8
31.1
9.7
58.4
12.9
30.0
26.0
146.2
35.9
26.4
154.9
33.8
22.7
152.1
40.5
26.8
162.4
40.2
27.0
148.6
58.0
37.0
160. 2
121.5
U5. 4
166.4
32.7
26.2
167.5
63.5
48.3
178.5
43.2
34.7
164.9
43.6
36.5
171.1
29.3
18.9
187.8
30.7
33.3
29.0
23.0
26.0
22.0
v 124. 5 * 178. 0 ^183.2
do
do
$ per Ib—
175.4
96.0
.3060
142.5
94.2
.3196
147.0
92.6
.3223
138.5
87.2
.3361
144.2
90.7
.3366
149.6
110.0
.3370
158.2
91.9
. 3360
146.4
83.0
.3360
119.9
74.9
.3360
126.6
79.3
.3360
112.3
76.7
.3545
118.7
79.2
.3560
v 162. 3 f 148. 1 » 132. 8
p 118. 5 * 111. 2 ^93.3
. 3560
.3560
.3560
Copper-base mill and foundry products, shipments
(nuarterlv avg. or total):
Copper mill (brass mill) products
—mil. Ib—
Corjper wire mill products© _'
do
Brass and bronze foundry products. do
616
428
239
697
498
266
699
485
256
Lead:
Production:
Mine, recoverableleadf
— — thous. sh. tons..
Secondary, recovered from scrap©
.—do——
21.1
41.1
23.8
42.8
22.8
46.1
23.5
46.0
23.4
44.0
23.3
41.8
24.0
44.3
23.3
45.9
26.5
51.5
26.1
46.2
22.0
46.7
22.4
48.1
'22.5
40.5
25.1
42.4
31.3
96.9
27.8
100.2
23.3
100.9
28.8
104.4
19.2
100.9
26.3
104.8
31.2
103.0
26.5
98.5
29.8
102.2
21.7
99.4
18.7
99.4
25.8
102.6
37.1
86.1
32.3
103.1
24.2
110.2
105.3
—thous. sh. tons—
_do
do
Barrels and drums, steel, heavy types (for sale):
Orders unfilled end of mo
_ thous __
Shipments
do
•
Cans (tinplate)", shipments (metal consumed),
total for sale and own useO
-thous. sh. tons—
438
383
3,179
NONFEHROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons—
Estimated recovery from scrap f
—do
Imports (general):
"Metal and alloys, crude - do
Plates sheets, etc
__^___
do
Exports metal and alloys crude
—do —
Stocks, primary (at reduction plants), end of mo.
thous. sh. tons—
Price primary ingot, 99.5% min
$ per lb_.
Aluminum shipments:
Inffot ind mill products (net) A
Mill products, total _
Plate and sheet (excl. foil)
Castings
_
mil. Ib
_do
do
do
Copper:
Production:
Mine, recoverable copper?
thous. sh. tons__
Refinery primary
do
From domestic ores
_ _—
do
From foreign ores
do
Secondary, recovered as refined
_____do
ImDorts (general):
Refined, unrefined, scrap ©1 __..__
—do
Refined
-:
-do
ExDorts:
Reined, scrap, brass and bronze ingots.. .do
Refined
• - do
Consumption, refined (by mills, etc.)
do
Stocks, refined, end of mo., total
Fabricators'
Price, bars, electrolytic (N.Y.)
Imports (general), ore©, metalf
Consumption, totalf..
;
do—
do
664
519
267
706
513
275
29.9
9.0
109.3
141.0
114.6
26.4
33.4
107.8
133.1
101.1
32.0
36.6
36. 7
9.5
.2450
39.0
.11.4
.3568
798
544
274
Stocks, end of year or mo.:
Producers', ore, base bullion, and in process©
(ABMS)
---thous. sh. tons-Refiners' (primary), refined and antimonial
(lead content)
thous. sh. tons-Consumers' <?
_——_do
Scrap (lead-base, purchased), all smelters
thous. sh. tons..
Price, common grade (N.Y.)
$perlb__
98.4
92.9
94.4
90.8
98.4
100.4
99.1
98.9
93.0
86.9
90.2
93.9
99.8
56.7
119.9
39.1
108.8
36.5
120.5
40.9
125. 7
38. 2
115. 3
39.1
108.8
35.6
106.5
34.6
101.0
29.9
103.8
27.8
100.4
27.2
107.1
29.3
110.8
31.0
118.5
26.3
106.2
66.4
.1114
68.6
.1360
57.4
. 1400
60.6
. 1450
61.8
.1500
68.6
.1566
74.3
.1600
70.6
.1600
66.1
.1600
65.7
.1600
63.4
.1600
62.5
.1600
63.1
.1600
59.4
.1600
.1600
Tin:
Imports (for consumption) :
Ore©.
Ig. tonsBars pigs etc
do
Estimated recovery from scrap, total ©_„ do
As metal
do
Consumption, pig, total
— _do
Primary
_ _
do
(2)
3,596
1,861
255
6,525
4,601
(2)
2,632
1,959
278
6,898
4,873
505
2,045
1,890
245
6,750
4,730
357
2,407
2,090
300
6,655
4,620
312
1,768
1,875
275
6,190
4,245
268
2,422
1,980
285
6,795
4,680
473
1,845
2,035
240
7,090
4,900
17
2,239
2,035
240
6,970
4,980
870
4,183
1,990
260
7,905
5,775
376
2,908
2,000
250
7,485
5,440
492
3,207
1,925
240
7,010
5,080
322
3,073
2,210
310
7,610
5,420
40
2,648
1, 790
230
6,755
5, 005
219
2,061
37
4, 015
Exports, incl. reexports (metal)..
do
162
182
135
328
403
1251
90
219
567
Stocks, pig (industrial), end of mo§— — __do
25, 610 21,909 23, 225 20,420 21, 285 24, 343 23, 655 24, 035 25, 250
Price, pig, Straits (N.Y.), prompt
$perlb_. 1.1664 1.5772 1. 8538 2. 0461 1.9027 1. 6311 1. 5726 1. 5498 1. 6498
Zinc://
Mine production, recoverable zinc?
44.1
47.9
thous. sh. tons
46.8
50.3
47.4
47.5
50.5
49.3
55.2
Imports (general);
Ores©1
do
31.1
29.8
24.6
29.8
32.9
29.1
30.5
30.8
48.3
12.1
Metal (slab, blocks)f
„
:__
do
9.9
9.3
9.4
9.6
12.1
12.3
15. 1
7.2
Consumption (recoverable zinc content) :
3
Ores©
_
do
8. 7
38.8
7.6
8.7
8.5
8.0
8.6
8.6
10.5
611
24, 260
1. 8067
83
24, 215
1. 9195
173
142
23, 183 '23,587
1. 8894 1. 8412
226
22, 985
1. 8696
317.0
. 3 18. 5
16.9
16.6
16.8
•• Revised.
* Preliminary. ' i See note "Q"f°r p. S-21.
2 See note "©" for this page
Based on annual total. Aluminum castings data (1962-64) revised to the 1962 complete
canvass of nonferrous producers will be shown later; estimates beginning 1965 reflect the
revised benchmark.
©Reflects new factors to derive tonnage equivalent (1964-65, 23.7 base boxes per ton of
steel; 1963, 23.5 boxes; 1962, 23.2 boxes); revisions back to 1961 are available.
TEffective Dec. 1964 SURVEY, data for all periods represent estimated industry recovery
of -aluminum (excluding alloying constituents).
£. Beginning 1962, data reflect imports of ingots as compiled by Bureau of the Census rather
than reported shipments by importers as formerly; revisions back to Jan. 1961 are available.
3
16.6
16.9
16.7
17.6
.1600
7,075
5, 135
53.5
49.3
52.1
'48.1
32.9
9,4
32.3
3.7
38.9
21.1
36.1
10.7
10.2
17.6
9.7
18.9
8.9
19.1
8.8
18.6
1. 8532
50.4
25.9
18,3
364
1. 9190
8.6
18.5
36.2
2.7
{Revisions for 1962 are in the Sept. 1963 SUEVEY: those for 1st half 1963 are available upon
request.
©Basic metal content (for tin ore, Sept. 1963 through Apr. 1964 data are in terms of gross
weight).
fSee similar note, bottom p. S-32.
'/Beginning Aug. 1964, data reflect sales to the industry of metal released from the Government stockpile.
d* Consumers' and secondary smelters' stocks of lead in refinery shapes and in copperbase scrap.
§Stocks reflect surplus tin made available to industry by GSA.
SURVEY OF CUEEENT BUSINESS
S-34
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
| 1964
Monthly
average
November 1965
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PROD.— Con.
Zinc— Continued
Slab zinc: ||
Production (primary smelter), from domestic
74.4
and foreign ores
_thous. sh. tons..
5.0
Secondary (redistilled) production. _
do
92.1
Consumption fabricators'
do
2.8
Exports
do
Stocks, end of year or mo.:
47.9
Producers', at smelter (AZ1)A—
do
92.1
Consumers'
do
Price, prime Western (East St. Louis) __$ per lb__ .1200
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and convectors, shipments:
Cast-iron
mil. sq. ft. radiation..
1.0
9.2
Nonferrous*
do
Oil burners:
Shipments
,
thous..
48.8
Stocks, end of year or mo
do
42.2
Stoves and ranges, domestic cooking:
Shipments, total (excl. liquid-fuel types) -..do
176. 0
173. 1
Gasc?"
do,
Stoves, domestic heating, shipments, total. .. do
Gas
do
Warm-air furnaces (forced-air and gravity air-flow),
shipments^ total
_thous_.
Gas
- do
Water heaters, gas, shipments
do
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
Fans and blowers, new ordersmil. $_.
Unit-heater group, new orders
do
Foundry equipment (new), new orders, net
mo. avg. shipments, 1957-59=100...
Furnaces (industrial) and ovens, etc., new orders
(domestic), netf
-mil. $_.
Electric processing
do
Fuel-fired (exc for hot rolling steel)
do
Material handling equipment (industrial) :
Orders (new), index, seas, adj
1957-59=100.Industrial trucks (electric), shipments:
Hand (motorized)
..number..
Rlder-tvpe
. .
do
Industrial trucks and tractors (internal combustion
engines), shipments— _
number-Machine tools:
Metal cutting tools:
Orders, new (net), total
Domestic
Shipments total
Domestic
Estimated backlog
Metal forming tools:
Orders, new (net), total..
Domestic
Shipments, total
Domestic
__ _
Estimated backlog
77.6
4.8
108.6
4.1
81.8
6.3
109.6
1.6
80.0
5.8
100.4
.1
80.2
5.9
102.8
.3
79.2
6.0
106.9
.8
75.8
6.2
104.3
.6
83.2
6.7
118.7
.5
82.8
6.5
109.8
1.2
86.9
6.8
113.3
.4
82.6
6.5
115.5
.3
85.1
5.4
96.9
.5
84.9
6.4
113.9
.4
31.2
103.0
.1357
30.6
99.1
.1350
33.9
103.0
.1399
36.4
98.0
.1450
32.0
103.0
.1450
34.4
93.5
.1450
28.4
87.1
.1450
22.9
79.7
.1450
20.2
77.6
.1450
25.2
102.4
.1450
23.3
102.3
.1450
26.9
' 110. 6
.1450
29.2
127.0
.1450
.9
9.4
1.2
13.6
1.3
12.9
.8
9.6
.7
8.8
.6
8.2
.8
7.3
.8
8.3
.7
8.0
.5
6.4
.7
8.4
.6
'11.4
1.0
11.6
47.3
42.6
66.7
46.2
62.9
41.9
50.6
39.5
35.4
42.6
44.3
41.8
38.0
42.9
45.6
45.8
39.8
51.6
42.1
48.6
46.3
47.9
'43.4
44.6
58.9
41.2
183.3
180.9
203.9
200.7
205.0
201.4
174.6
172.5
174.1
172.1
150. 7
167.0
206.9
179.5
170.0
199.2
161. 9
101. 5
150.9
102.3
231.9
160.4
283.7
194.9
132.9
92.5
98.6
70.6
87.5
55.6
86.3
55.3
128.0
89.1
94.0
56.2
82.3.
57.3
117.8
95.3
200.3
118.8
96.8
223.3
169.1
131.3
230.7
170.2
134.6
256.5
121.9
97.0
190.5
106.3
87.9
194.2
84.2
69.2
210.0
90.1
73.9
230. 4
92.8
77.1
227.2
87.3
72.5
215.9
97.4
82.3
192.1
141.1
U5.7
145.6
118.7
46.1
25.4
131.9
218.6
157.8
•8.2
1.1
3.4
9.6
1.1
4.8
11.1
1.2
5.3
45.0
18.1
46.3
14.4
153.9
116.6
96.0
214.0
.1450
185.8
120.6
107.3
88.7
205.0
30.3
. 1450
176.2
110.3 ' 158. 8
77.5 ' 106. 4
.2
27.3
141.2
111.9
206.2
51 3
19.2
122.1
201.6
358.5
380.8
407.3
249.0
374.1
192.9
274.6
280.6
387.0
316.9
13.7
1.8
6.4
8.3
1.1
4.1
13.6
1.4
5.6
13.8
1.3
5.1
11.9
1.9
5.5
16.0
4.3
7.5
9.4
1.7
4.6
11.3
1.1
5.3
9.7
1.4
5.1
18.3
1.0
6.7
10.5
1.0
6.0
12.6
2.0
7.2
163.1
169.3
139.9
199.4
177.5
165.8
188.6
165.6
193.3
547
581
574
594
555
632
604
688
585
671
724
694
564
566
572
627
629
808
540
663
557
820
765
848
742
842
558
695
745
899
2, 434
3,014
3,127
3,316
3,208
3,762
2,944
3,176
3, 445
2,604
3,242
3, 625
3,497
3,378
3,729
mil. $_.
do
do
do
months..
59.50
47. 50
49.90
41.10
5.2
81.35
67.40
65.95
53.05
6.6
83.60
68.00
72.30
56.85
6.9
81.00
67.70
71.65
54.40
6.8
69.95
57.85
65.65
52.75
6.8
81.05
70.75
86.50
70.35
6.3
81.85
91.40
72.95 78.00
68.10 ' 70. 35 .
58.55
60.45
6.5
6.7
97.80
86.65
90.30
77.75
6.6
96.05
85.70
77.75
68.20
6.6
74.75
67.10
82.45
71.75
6.4
93.65
87.10
83.75
71.15
6.5
95.60 ' 106. 80
84.75 ' 95. 40
69.45 ' 57. 55
60.70 '• 50. 10
'7.3
6.8
mil. $__
do____
do
_ _ do
months..
18. 10
15. 90
15.30
12.80
4.7
32.35
29.40
19.00
16. 70
9.9
25.40
20.55
15.90
13.10
11.1
22.75
19.45
21.15
18.70
11.1
23.95
20.40
20.35
18. 10
11.2
38.25
36.35
24.20
22.00
10.9
20.00
18.45
21.20
19.60
10.5
24.95
23.30
27.65
25.10
9.7
20.15
17.75
21.25
19.40
9.5
24.05
22.55
27.90
24.80
9.0
40.85
39.70
26.00
23.55
9.4
26.70
26.05
20.20
17.75
9.4
J 312.3 i 375. 4
178.6 198.1
' 23.0 128.0
173.6
187.8
367.6
105.0
27.2
83.6
72.6
95.4
114.9
1 150. 9 1 169. 8
120.4
142.1
220.1
209.5
1 210. 3 1238.7
219.8
190.6
294.5
295.2
2,653
2,442
2,999
3,550
3,057
3,594
2,361
2,215
1,769
1,722
1, 660
1,928
2,052 ' 2, 422 3,356
155.8
163.8
172.7
165.0
165.9
187.6
151.2
171.9
205.5
161.7
144.1
176.3
148.5
163.4
186.0
127.8
353.9
329.1
140.8
375.6
349.1
157.5
435.1
462.0
118.2
437.9
391.0
152.2
409.6
333.8
141.3
372.4
316.1
135.9
377.9
309.5
161.5
416.7
333.6
168.4
495.2
390.0
162.0
397.8
298.0
160.5
159.8
329.6 ' 367. 9
388.7
315.0
125.1
329.2
356.1
87.6
376.6
398.6
145,3
497.7
430.6
133. 0
152.2
248.4
233.8
199.4
193.1
145.5
152.3
145.8
91.9
109.0
127.7
213.3
__
- -
79.5
6.0
100.6
2.2
Other machinery and equip., qtrly. shipments:
Construction machinery (selected types),
total 9
mil $
Tractors, tracklaying, total
_ do. _
Tractors, wheel (con. off-highway)
do
Tractor shovel loaders (integral units only),
wheel and tracklaying types
mil. $
Tractors, wheel (excl. garden and contractors'
off-highway types)
;_
mil. $
Farm machines and equipment (selected types),
excl tractorsO
mil $
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments
thous..
Household electrical appliances:
Ranges (incl. built-ins), sales, totalf
do._
Refrigerators and home freezers, output f
1957-59=100..
Vacuum cleaners, sales billed
thous
Washers, sales (dom. and export)-.
do
Driers (gas and electric), sales (domestic and
export)
_-thous__
128. 7
152.0
155.2
150.6
184.9
22.50
20.55
24.55
22.80
10.2
317.2
93.4
20.4
516.8
120.5
45.6
412.2
115.1
27.2
3
83.3
2
' 24. 55
' 22. 95
' 20. 35
' 18. 85
9.7
38.1
25.20
23.50
20.90
18.80
9.9
225.9
255.8
103. 80
90.35
79.45
70.55
7.6
239.5
274.2
3
2,214.5
3
2, 366. 4
Radio sets, production §
do
1, 523. 5 1, 598. 0 32,193.8 1, 692. 8 1, 700. 0 81,961.6 1, 702. 1 1, 825. 4 2,306.0 1,782.2 1, 792. 8 32,171.0 1, 757. 0 1, 764. 5
596.3 823. 8 1,240.1 1, 087. 7
745.1 850.9 3 996. 0
751.1 3 945. 7
756.8
797.5 31,052.7 956.3 913.8 3931.6
Television sets (incl. combination), prod.§.._do
594.2
Electron tubes and semiconductors, factory sales ©
63.4
55.0
63.3
52.5
55.2
59.4
57.5
58.7
64.5
60.2
57.1
59.4
54.4
73.6
4
4204
4203
196
181
163
170
167
Insulating materials, sales, Index
1 947-49 =l'oo"
161
148
Motors and generators:
228
205
191
New orders Index qtrly
do
176
U51
1178
New orders (gross) :
15.5
16.2
16.4
19.4
14.7
18.9
19.5
17.6
18.1
15.8
Polyphase induction motors, 1-200 hp__mil. $__
15.5
15.8
12 A
15.3
3.6
4.4
3.2
3.4
4.1
3.2
3.7
3.8
4.5
2.5
2.5
D.C. motors and generators, 1-200 hp
do
2.7
3.0
2.6
3
' Revised.
» Preliminary.
1 Quarterly average.
2 p0r month shown.
Data
4
cover 5 weeks; other months, 4 weeks.
Quarterly index.
11See note "||", p. S-33. AProducers' stocks, elsewhere, end of Oct. 1965, 7,300.
*New series. Shipments (from The Institute of Boiler and Radiator Manufacturers)
represent the following approximate percentages of total industry shipments: Convectors,
90 to 95%; radiators and baseboards, 80 to 85%.
9 Includes data not shown.
cflncludes data for built-in gas fired oven-broiler units. Shipments of cooking tops, not
included in figures above, totaled 27,100 units in Aug. 1965.
tAs reported by the Industrial Heating Equip. Assoc. for member companies, including
orders (not shown separately) for indust. ovens, atmosphere generating and combustion
equip., and miscel. items. Monthly data back to 1958 are available.
©Revisions for
1962 appear in the June 1964 SUKVEY.
\ Revisions for 1961 are available.
JRevisions for 1962-63 appear on p. S-34 of the Apr. 1964 SUKVEY.
§ Radio production comprises table, portable battery, auto, and clock models; beginning
in.
©See similar note, p. S-35.
Jan 1964, data for television sets include color sets.
SUEVEY OF CUEEENT BUSINESS
November 1965
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1965
1964
1964
Monthly
average
S-35
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
'
Production
thous. sh. tons__ 1,522
279
Exports
^o
Prices:
. . •
, ,
29. 39
Retail, stove, composite
$ per sh. ton__
^Tholesale chestnut f o b mine
do.--. 13.361
13. 895
13.699
Bltuminous:
Production-
40, 583
•
, A
thous. sh. tons__ 38,244
Industrial consumption and retail deliveries,
total 9
thous. sh. tons__ 34, 102
17, 420
"Electric oower utilities
do
14,664
n ^^ i ? f nausi
pM V pV"
do
6,469
Tlpfnil deliveries to other consumers
1,962
do
Stocks, industrial and retail dealers', end of
month total 9
thous sh tons
Electric power utilities
do
IVIfff and mining industries total
do
Retail dealers
65,692
46,139
19, 103
7,373
450
do
1,278
78
1,348
61
1,262
132
1,045
23
1,305
42
1,171
45
1, 313
73
1,626
93
1,256
82
14.196
14. 196
14. 196
14. 441
14. 441
14. 441
12. 005
12. 005
12. 005
12. 495
43, 752
45,922
41,877
43,364
39,390
37, 290
43, 150
41, 605
41, 390
42, 810
33,880 '46,310
42, 925
35,926 '34,481
18, 586 18, 013
15, 646 14, 875
7,396
7,493
37,438
18, 682
16, 472
7,987
36,973
18, 678
16,364
7,879
41,859
21, 174
17, 758
8,167
42,813
21, 471
18, 517
8,215
38, 697
19, 608
16,346
7,554
41, 394
21, 134
17, 887
8,445
35, 866
18, 323
16, 479
8,144
35,417
18. 632
16, 174
8,130
35, 584 '36, 135 '37, 545
19, 292 20, 018 21, 051
15,761 '15.481 '15, 562
8,119 ' 8, 161 ' 8, 120
36, 199
19, 936
14, 911
7,505
1,501
2,190
1,851
2,906
2,825
2,743
2,370
1,019
528
63,842 71, «92
48, 762 51,279
20, 149 20, 185
8,666
8,643
75, 153
53, 697
21, 061
9,343
77, 283
54, 785
22,087
9,873
75, 342
52, 661
22,305
10, 081
70, 435
49, 195
20, 930
9,517
67, 141
46, 589
20, 296
9,225
64, 923
44, 670
20, 070
9,424
65, 489
44, 973
20, 349
9, 576
68, 692
47, 713
20, 763
9,749
395
411
376
310
256
183
167
216
250
260
296
292
1 2, 218
2,675
3, 040
4,268
4,707
5,069
4,231
5,086
5,160
1,373
131
1,635
366
1,300 '1,337
120
128
428
442
1,292
88
'1,364
129
1,269
12. 495 P 12.495
564
840
1,266
71,418 ' 66, 149
49, 857 47, 482
21, 311 '18,407
9,970 r 7> 744
"•69, 308
49,244
'19, 768
'8,484
46, 595
70, 411
50,411
19, 708
8,246
3,997
4,263
4,973
3,718
3,791
2 4. 748
27.014
4.798
6.895
4.814
6.987
4.810
7.016
4.810
7.094
4.810
7.144
4.788
7.176
4.789
7.175
4.785
6.960
4. 804
6.582
4,806
6.551
4,799
6. 595
4.799
6.645
' 4. 786 P4.786
' 6. 833 f 7. 010
thous sh tons
do_
__do
81
4,442
1,344
99
' 5, 076
1,405
'113
5,141
1,349
115
5, 47,6
1,382
138
5,370
1,354
154
5, 564
1,412
156
5,603
1,496
150
5,128
1,406
181
5,732
1,448
149
5,569
1,332
136
5,781
1,390
163
5,566
1,407
151
5,598
1,475
'153
' 5, 547
1,489
85
5,206
do
do_
do
do
do_-
2,972
2, 275
697
1,200
38
2,372
1,969
403
1,354
2,346
1,973
373
1,324
63
2,211
1,888
323
1,375
62
1,975
1,713
262
1,359
36
1,855
1,634
221
1,461
159
1,656
1,485
171
1,507
57
1,424
1,277
147
1,508
74
1,225
1,095
130
1,539
59
1,136
993
143
1,564
60
1,118
982
136
1,548
69
1,177 '1,271
1,085
1,017
'185
160
1,460
1,511
63
99
1,490
1,277
213
r44
22,340
' 1, 923
••417
1,339
36
number-- 3 1, 691
2.93
$ per bbl
_ mil. bbl . 264.2
87
% of capacity
1,718
2.92
270.1
87
1,945
2.92
269.1
87
1,705
2.92
273.3
86
1,836
2.92
262.6
85
1,662
2.92
279.8
88
1,455
2.92
277.1
87
1,554
2.92
250.3
87
1,522
2.92
275.2
86
1,478
2.92
262.3
85
1,354
2.92
272.9
85
1,583
2.92
273.1
87
1,521
2.92
288. 7
89
1,784
2.92
286.1
89
337. 7
325.0
343.9
330.3
350.5
362.4
327.1
366.4
353.2
346.8
340.9
345.5
343.4
233. 8
35.0
227.9
34.7
237.3
35.6
230.7
35.5
242.3
37.0
240.9
37.0
218.6
34.3
243.8
38.4
236.8
36.7
238.3
36.8
232.4
35.2
237.6
36.6
240.2
36.5
36.6
32.4
•3
36.9
25.6
3.2
39.2
31.8
1.8
34.1
30.0
4.2
31.7
39.5
-43.2
' 37. 3
47.1
-15.2
32.7
41.4
41.5
42.8
-22. 1 -11.3
38.1
41.6
12.2
39.0
32.9
23.9
39.9
33.3
13.3
40.7
30.6
'13.2
40.8
29.9
11.4
-do
Exports
Prices:
3,923
do
do
17. 46
Wholesale:
Screenings indust use f o b mine
Domestic large sizes f o b mine
COKE
Production:
Beehive
Oven (byproduct)
Petroleum cokef
Stocks, end of month:
Oven-coke plants total
At furnace plants
At merchant plants
Petroleum coke
Exports
73
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
_
Price at wells (Okla -Kansas)
Runs to stills
Refinery operating ratio
All oils, supply, demand, and stocks: J
327.4
New supply, total
mil. bbl.
Production:
229.4
Crude petroleum
„
do__
33.4
Natural-gas liquids, benzol, etc
_do -__
Imports:
34.4
Crude petroleum
do
Refined products
do . 30.2
.1
Change in stocks, all oils (decrease,—)
do
Demand, total
Exports:
Crude petroleum
Refined products..
Domestic demand, total 9
Gasoline
Kerosene
_ _
Distillate fuel oil
Residual fuel oil
Jet fuel
_
_____
_
Lubricants—.
Asphalt
Liquefied gases
Stocks, end of month, total
Crude petroleum
Natural-gas liquids....
Refined products
_____
Refined petroleum products :J
Gasoline (incl. aviation) :
Production.
Exports
--.
Stocks, end of month
_
327.3
337.4
321.8
342.1
326.1
393.8
378.7
349.2
377.7
341.0
323.0
327.5
.1
6.2
320.9
4
136. 0
414.4
.1
6.0
331.2
142.0
14.9
.1
5.6
316.2
145.6
13.7
.1
6.5
335.6
147.8
15.8
0
5.4
320.7
131.5
15.1
.1
6.2
387.4
145.5
20.7
.1
5.0
372.5
U25.0
513.0
(6)
4.7
344.4
119.6
12.0
(6)
6.3
371.3
140.4
11.0
.2
6.3
334.5
140.9
6.3
0
5.8
317.2
149.6
4.3
.1
.4
6.2
5.7
321.2 ' 326. 2
156.7
155.2
4.9
4.5
462.3
444.9
9.6
62.4
46.3
9.9
48.1
38.3
10.6
56.8
45.1
9.8
65.9
45.7
9.7
94.5
61.2
7.3
92.8
65.3
518.7
86.9
58.0
14.8
83.9
59.4 •
17.2
61.0
54.9
17.6
45.8
39.6
19.7
41.8
38.6
18.2
'44.3
37.8
18.6
47.9
36.8
19.4
3.6
9.8
19. 7
3.8
10.0
20.4
3.9
15.5
18.8
3.7
13.9
20.9
3.6
7.9
21.9
3.4
3.9
29.0
3.9
3.5
25.7
3.2
3.5
24.3
4.3
4.8
25.2
3.8
7.7
18.5
4.2
12.3
16.9
4.3
15.7
17.1
4.1
17.2
17.1
4.0
17.8
17.9
831. 1
246.9
33.8
4
550. 4
844.7
242.5
38.7
563. 5
876.5
232.8
46.8
596.9
878.2
235.2
46.1
596.9
882.5
236. 8
43.2
602.4
839.2
230.1
35.7
573.5
824.0
230.2
31.0
562.8
801.9
230.3
27.7
544.0
790.6
239.6
26.3
524.8
802.9
251.4
29.7
521.8
826.7
255. 1
35.0
536.7
840.1
253.6
38.7
547.8
853. 2
242.1
43.6
' 567. 6
864.7
236.4
46.7
581.6
4
135. 4
.6
192.8
142.2
.7
201.5
142.5
.5
188.6
145.9
.7
187.2
141.4
.7
197.2
147.3
.8
199.5
H45.6
5 213. 9
130. 5
.3
225.0
139.7
.3
224.9
133.4
.4
217.4
137.9
.5
205.6
141.6
.7
192.6
148.5
.3
185.1
150.4
.4
181.8
.109
.102
.090
.105
.113
.113
.113
.113
.110
.113
.113
.113
.113
.113
v. 113
.201
.200
.201
.200
.202
.202
.198
.192
.212
.208
.208
.213
.209
.211
.210
do
do
__
__do _ _ „
do
do
_
do
_do____
__do
do_
do
do_
do
._
_
_____do
do
do
do
_do
do
do
Prices (excl. aviation):
Wholesale, ref. (Okla., group 3)
$ per gal..
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal..
4
4
4
' Revised.
* Preliminary.
1 See note "O" for p. S-21.
2 Data beginning Jan. 1963
3
not entirely comparable with those for earlier4 periods.
Beginning Jan. 1963, data exclude condensate wells formerly included.
See note 1 for p. S-36. 5 Beginning Jan.
1965, gasoline excludes special naphthas; aviation gasoline represents finished grades only
(alkylate excluded); commercial jet fuel (formerly included with kerosene) is now included
with jet fuel.
P2.92
5.8
' 332. 3 336.0
T
0
5.7
330.2
154.4
5.9
e Less than 50,000 bbls.
9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke.
JRevised data for months of 1962 appear on p. 28 of the June 1964 SURVEY.
NOTE FOR ELECTRON TUBES, p. S-34—0 Beginning Jan. 1964, excludes i
of receiving tubes; 1963 sales of such tubes averaged $22,800,000 per month.
SURVEY OF CUKEENT BUSINESS
S-36
1964
1963 | 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
November 1965
Sept.
1965
Nov.
Oct.
Jan.
Dec.
Feb.
Mar.
May
Apr.
June
Aug.
July
Sept.
Oct.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products:}:— Continued
Aviation gasoline:
10.4
Production
-.mil. bbl._
.4
Exports
- do
10.7
Stocks end of month
-do
Kerosene:
2 13. 8
Production
do
2 31. 7
Stocks end of month
do
Price, wholesale, bulk lots (N.Y. Harbor)
.102
$ per gal
Distillate fuel oil:
Production
- - - mil. bbl _ 2 63. 8
.8
1.3
Exports
do_ -2135.8
Stocks end of month
__;
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
.092
$ per gaLResidual fuel oil:
Production
mil. bbl_. 223.0
22,7
Imports
:
do
1.3
Exports
- do
2 48. 6
Stocks end of month
do
1.57
Price wholesale (Okla , No. 6)
.$perbbl_Jet fuel' (military grade only) :
8.3
Production
• - - mil. bbl ..
9.4
Stocks end of month
do Lubricants:
5.3
Production
- ..
do
1.5
Exports
__do
13.7
Stocks end of month
_do
Price, 'wholesale, bright stock (midcontinent,
.270
f o b . Tulsa)
$per gal-Asphalt:
9.3
Production
- -mil. bbl .
16.7
Stocks end of month
_ _i
do
Liquefied petroleum gases:
24.7
Production
do
15.2
Transfers from gasoline plants
do.
Stocks (at plants, terminals, underground, and
at refineries) end of mo _
mil. bbl__ 230.2
_ _
11.2
.3
8.5
10.1
.5
8.1
10.1
.5
8.7
10.9
.6
9.1
14.7
1.8
18.2
3.8
.2
8.5
4.0
.3
8.8
3.8
.3
9.0
4.3
.4
8.5
4.0
.7
8.2
4.2
.3
8.2
4.1
.3
8.5
14.1
33.4
13.9
37.3
15.3
37.9
15.0
38.6
17.3
36.2
19.7
124.0
8.7
20.7
8.4
18.1
6.9
18.7
6.6
21.0
7.0
23.4
6.7
25.3
6.6
26.0
.096
.093
.093
.095
.099
.101
.101
.101
.095
.095
.095
095
.095
61.8
1.0
.5
143.5
59.4
.9
.6
186.7
59.0
.8
.5
189.4
58.7
.6
.3
182.6
66.2
1.9
.4
155.8
66.8
1.1
.4
130.6
61.0
.8
.2
105.3
62.2
1.4
.6
84.6
58.6
.8
.2
82.8
61.5
1.2
.3
99.4
58.7
.5
.2
116.6
65.5
.9
.3
'138.5
66.4
1.6
.3
158.4
v .097
.083
.083
.085
.089
.091
.091
.091
.087
.087
.087
.087
.087
».090
22.3
24.7
1.6
42.7
1.50
21.3
18.9
1.5
45.4
1.35
22.5
24.7
1.9
45.9
1.50
23.5
23.3
1.3
46.1
1.65
25.7
30.9
1.5
40.4
1.80
25.3
38.7
1.5
38.3
1.80
22.4
34.2
1.7
35.7
1.80
24.7
34.7
1.6
34.4
1.75
22.0
34.1
1.4
34.5
1.75
21.3
24.6
.9
40.1
1.75
20.9
23.6
1.0
45 2
1.75
21.6
22.1
1.3
50.2
1.80
21.1
20.4
1.3
53.8
1.85
*>1.90
9.0
9.3
8.9
9.6
8.7
9.1
8.7
8.9
8.2
9.9
114.9
117.7
13.7
18.7
16.0
19.2
15.8
20.0
16.9
20.0
15.7
20.5
16.8
21.0
16.0
20.4
5.3
1.5
13.5
5.3
1.2
13.0
5.4
1.7
13.0
5.3
1.5
13.3
5.7
1.5
14.1
4.9
1.3
13.9
4,9
1.1
14.4
5.5
1.6
14.0
5.3
1.9
13.7
5.6
1.7
13.4
5. 1
1.3
12.9
5.4
1.4
12.8
5.4
.9
13.3
.270
.270
.270
.270
.270
.270
.270
.270
.270
.270
.270
.270
.270
9.6
16.9
12.5
12.8
11.7
11.1
8.2
11.7
6.1
14.2
5.7
16.9
5.7
19.4
7.4
22.4
8.3
23.3
12.2
23.5
12 1
20.7
14 4
18.5
14.6
16.2
4.9
15.6
4.6
14.1
4.9
16.3
4.6
17.1
5.1
22.9
4; 8
20.6
4.8
19.2
4.8
20.1
4.5
14.5
'4.9
13.0
48
12.8
49
12.3
4.8
13.1
35.2
44.3
43.6
40.6
31.8
26.8
23.2
21.4
25.3
31.1
35.3
40. 1
43.5
5,923
2,185
3,738
7,234
2,733
4,502
7,222
2,807
4,416
5,320
2,116
3,203
3,815
1,485
2,329
3,404
1,416
1,989
r 3, 980
1,529
2,351
5,504
2,289
3,215
5,216
1,992
3,224
6,070
2,197
3,874
7,215
2, 591
4,625
7 634
2,856
4 778
T
8, 546
r
3, 322
r
5 224
7,766
3,130
4 636
66
70
82
do _
do
thous. sh.tons..
.086
5, 374
2, 009
3, 365
Asphalt and tar products, shipments:t
Asphalt roofing, total
_thous. squares..
Roll roofing and cap sheet
do
Shingles, all types
do
Vsphalt siding
_
Insulated siding
__.
Saturated felts „_
10.7
.5
9.4
60
57
83
76
75
90
83
82
91
70
47
75
50
27
62
45
25
64
47
23
70
49
38
91
37
47
68
40
61
75
50
70
89
52
66
95
70
65
'109
72
69
93
3, 935
3 989
4 613
4 234
4 110
4 856
4,379
4 351
4 985
4 270
4 085
5 268
854
'720
r 555
r g33
r 518
844
517
2 680
113
1,657
'218
2 917
134
1,822
238
9 700
319
337
one
» .270
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
.thous. cords (128 cu. ft.)._
Consumptlon
do
Stocks, end of month.
„
do
Waste paper:
Consumption...
„__.„
thous. sh. tons__
Stocks, end of month
do
3,835
3,870
5,124
4,064
4,027
4,763
4,145
3,823
4,924
4,220
4,273
4 807
3,801
3,977
4 769
3,841
3,829
4 875
4, 180
4,234
4 893
3,789
3 925
4 818
4,158
4 293
4 809
4,038
4 268
4 695
4,190
4 365
4 429
796
501
783
480
797
474
861
468
787
482
737
522
789
507
784
498
882
494
831
522
836
515
WOODPULP
Production:
Total, all grades
thous. sh. tons.- 2,510
Dissolving and special alpha
_do
114
Sulfate
,
...do— . 1,495
224
Sulflte.— — — •
—
do— -
2,645
121
1,595
226
2,545
106
1,529
222
2 818
126
1,708
244
2 624
111
1,602
192
2 544
121
1,516
208
2 781
120
1,699
230
2 585
117
1,584
215
2 855
144
1,754
239
2 764
122
1,694
239
2 900
132
1, 787
242
2 646
110
1, 605
242
321
314
335
336
323
342
324
Groundwood
Defibrated or exploded
Soda, semichem., screenings, etc
Stocks, end of month:
Total, all mills....
Pulp mills
Paper and board mills
Nonpaper mills
_.._.__
Exports, all grades, total
Dissolving and special alpha
Allother..
Imports, all grades, total.
Dissolving and special alpha
All other
...
„„
__do _ .
do
do
289
3136
3252
323
128
252
319
127
242
346
130
264
131
268
do
do
...do
do....
^713
263
4372
78
749
270
392
87
725
263
377
85
736
275
381
80
728
268
381
80
do
__do _.
do
118
44
75
134
48
85
134
55
79
121
46
75
231
22
210
244
23
221
261
22
239
do
do
do
|
131
253
305
125
274
122
242
121
261
738
233
414
92
743
276
387
80
747
294
373
80
112
42
70
152
59
93
673
58
230
257
21
209
24
232
257
26
231
128
256
125
271
736
273
381
82
723
268
377
78
76
32
44
176
67
109
210
244
16
194
23
221
« 15
r
r 532
120
1,678
220
125
239
r 125
735
278
374
83
748
284
381
84
r 7(52
147
58
90
132
48
107
43
fid
119
52
301
251
288
OCR
OKO
25
244
23
94. K
26
23
23
25
228
OCR
99fi
OK
26
9fiQ
247'
122
263
121
256
766
302
74.8
281
'400
'383
81
380
78
109
42
110
41
82
fl7
9QO
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, seas. adj... .thous. sh. tons..
All grades, total, unadjusted
...do
3, 268
3, 441
3,732
3,402
3,373
3,249
3,537
3,370
3,682
3,720
3,788
3,575 ' 3, 419 r 3, 746
3,608
Paper
_
do
1,438
1,632
1,505
1,458
1,493
1,489
1,661
1,598
1,609
1,493
1,532 ' 1,488 ' 1, 608
1,611
1,543
1700
Paper board
do
1 522 1 612 1 c 70
1 CQQ 1 K-I 0
1,736
1, 776
1,688 r 1, 599 r 1, 787
1,713
Wet-machine board........
do .
12
11
1
1
12
13
12
12
13
12
11
11
13
11
'8
10
Construction paper and board
.
do
296
312
349
299
327
235
262
267
323
324
335
341
324
'340
341
2
. '•Revised.
» Preliminary.
1 See note 5 for p. S-35. Beginning Jan. 1963,w, ^a^ ^ „«,
^6™^6 „»~. .« data for the
5 See note "O" for p. S-21.
indicated' items exclude certain oils which have been reelassified as petrochemical feedstocks.
JRevised monthly data for 1962 for petroleum products appear on p. 28 of the June 1964
3 Effective Jan. 1963, "screenings, etc." included with "defibrated or exploded "
SURVEY; revisions for 1962 and 1963 for asphalt and tar products appear on p. 32 of the Apr. 1964
4
Effective Jan. 1963, excludes stocks of "own pulp" at paper and board mills.
SURVEY.
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-37
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
101.4
110.7
96.4
93.6
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board— Continued
New orders (American Paper and Pulp Assoc.):
All grades, paper and board
thous, sb. tons-Wholesale price indexes:
Printing paper—
_
- -1957-59 =100. _
Book p aper A grade
'
do
Paperboard 9
do
Building paper and'board
do
Selected types of paper (APPA) : t
Fine paper:
Orders, new
__._
..thous. sh. tonsOrders unfilled end of month
do
3,284
3,469
3,436
3,754
3,395
3,273 ' 3, 534 ' 3, 421
3,936
3,733 ' 3, 800 ' 3, 631 p 3, 632
101.4
107.4
94.7
96.2
101.4
109.4
96.5
94.2
101.4
109.9
96.4
94.5
101.4
109.9
96.4
94.3
101.4
109.9
96.4
93.9
101.4
109.9
96.4
93.3
101. 4
109.9
96.4
93.4
101.4
109.9
96.4
92.2
101.4
109.9
96.3
92.2
101.4
110.7
96.3
92.3
101.4
110.7
96.3
92.7
101,4
110.7
96.3
92.7
101.4
110. 7
96.3
93.0
101.4
110.7
96.3
93.5
175
100
186
92
176
92
192
89
191
106
175
98
177
116
195
127
223
128
213
136
208
135
209
'145
'200
'161
J>196
P152
do _
do_
178
175
187
186
185
179
197
193
182
186
183
180
191
175
187
190
216
223
203
201
201
207
200
206
'186
'196
P2QQ
P204
do
do
448
389
483
402
463
392
538
439
478
420
496
437
510
448
484
465
577
485
511
488
512
508
519
'522
'532
'560
P530
P538
do _
do
439
439
468
468
444
444
503
503
477
477
472
472
490
490
464
464
522
522
497
497
504
504
503
503
'472
'472
P532
P532
355
164
366
168
370
187
397
193
364
203
362
190
393
214
387
240
411
233
388
224
384
226
367
'232
'358
'226
P384
*>230
353
351
363
361
353
353
397
394
360
359
359
360
388
375
370
365
412
414
389
392
392
380
'359
'361
'358
'359
*>374
*>374
553
552
268
608
609
238
605
628
215
664
661
218
643
665
196
614
632
178
606
556
228
582
500
311
650
595
366
622
677
311
648
691
268
634
697
205
651
642
209
663
646
225
637
637
225
185
184
37
188
189
30
181
188
26
198
196
28
183
184
27
176
181
22
191
179
34
174
180
27
185
187
25
183
188
20
198
196
21
169
171
19
168
167
20
196
189
27
160
167
20
465
503
491
532
550
535
490
461
535
544
570
527
477
517
509
588
566
608
599
574
585
571
585
559
544
526
560
619
634
626
Imports
do
451
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$persh. ton.. 134. 40
496
506
527
546
584
422
429
554
500
515
581
518
525
573
134. 23
134. 40
134. 40
134. 40
132.40
132. 40
132.40
132.40 132. 40
132. 40
132.40
132. 40
1386
574
1384
88
385
606
380
87
410
627
405
92
384
576
391
88
358
563
358
79
2390
2559
390
89
408
597
408
92
425
642
414
93
417
692
410
91
441
742
423
92
412
760
405
89
384
818
359
•78
412
818
416
90
413
848
415
90
11, 436
10, 219
13, 323
10,899
11, 599
11, 039
10,881
12, 519
12, 112
11, 865
12,674
11,560
12, 639
13,683
125.7
128.5
134.0
121. 3
128.7
115. 5
114.7
132. 3
125. 5
120.2
45.55
87 34
52.92
.276
41.52
93 87
31.72
.283
Production
Shipments
Printing paper:
Orders new
Orders unfilled end of month
-
Production
Shipments
Coarse paper:
Orders new
-Orders, unfilled, end of month..
_
do
___..do
Production
_
do
Shipments
do
Newsprint:
Canada:
Production
do
Shipments from mills
do
Stocks at mills, end of month.. ._
..do
United States:
Production
do
Shipments from mills
_ . - do
Stocks at mills, end of month __
do. ._
Consumption by publishers^1 •-—
do
Stocks at and in transit to publishers, end of
month cf
thous. sh. tons
Paperboard (National Paperboard Assoc.) : §
Orders, new (weekly avg .)__-. --thous. sh. tons—
1357
Orders, unfilled, end of month
do
518
1358
Production, total (weekly avg.)— —
do
Percent of activity (based on 6.6-day week)
87
Paper products:
Shipping containers, corrugated and solid fiber,
shipmentsO
mil. sq. ft. surf, area 10, 716
Folding paper boxes, shipments, index of physical
volume
.—1947-49=100- 126.1
132. 40 *>132. 40
444
844
441
94
' 133. 4 ' 120. 6 ' 130. 7 p 134. 1
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. Ig. tons—
Stocks, end of month
_ do
Imports, incl. latex and guayule
do
Price, wholesale, smoked sheets (N.Y.).__$ perlb—
Synthetic rubber:
Production _
_
Consumption
Stocks, end of month
Exports
38.10
72.70
31.63
p. 263
40.12
73.07
36.77
p. 252
43.76
81.16
37.20
.250
44.29
78.93
30. 26
.261
39. 16
78.95
38.83
.275
40.79
86 85
44.41
.255
42.24
90 19
19.02
.261
42.13
79 12
27.53
.261
thous. Ig. tons.. 134. 04 147. 08
108. 90 120. 96
do
281. 05 289. 93
do
do
23.60 26.77
144. 81
128.63
287. 58
30.45
155. 75
137. 94
289. 03
22 37
150. 88
116. 69
286. 96
29. 84
157. 52
124.97
297 13
29 14
151 54
125. 19
314 21
3
10 51
144. 99
126. 43
320 67
8 97
23 00
22.36
31.07
24 52
23.21
31 16
21.40
19.61
31.32
21 81
22.23
30 08
22 99
22 66
30 88
22 31
22 53
30 15
26 78
25' 57
30 73
Reclaimed rubber:
Production _ .
Consumption
Stocks, end of month
do
„ _do
^do
23.45
21.97
30.30
23.02
21.93
30.81
thous.- 11,589
48 24
91 10
42. 54
.260
155
138
311
30
54
37
20
91
153
129
307
35
37.00
97 04
30.66
.258
40.95
96 37
28.42
.248
39. 90
.243
72
94
37
87
141 35
107' 88
325 26
24 32
148 59
117. 36
323 63
24 87
21 70
21 09
20 23
29 96
22 59
20 89
30 88
42 42
95 68
42.22
.268
28
16
65
08
155 61
121. 65
317 81
29 27
25 42
24 35
29 84
22 02
21 51
30 22
23 06
22 96
29 60
144
125
315
23
.241
TIRES AND TUBES
Pneumatic casings:
Production __„.._—
Shipments, total..
Original equipment
Replacement equipment
Export—....
Stocks, end of month
Exports (Bu. of Census)....
Inner tubes:
Production
Shipments
Stocks, end of month
Exports (Bu. of Census)
_
13, 176
14,355
14, 892
12, 797
13, 632
13, 884
14, 126
15 242
14, 633
13 228
13, 460
12, 174
12 822
do
.do
do
.....do
11, 546
3,928
7,489
129
12 541
4,004
8,364
173
14 090
4,121
9,729
241
12 805
2,594
9,922
289
11 120
4^035
6 870
214
12 962
5,366
7 364
231
13 237
4,954
8 136
*148
11 864
4' 830
6 796
239
14 327
5,' 712
8 352
263
15 408
5,' 341
9 782
285
14 688 15 605
5,049
5,' 336
9 439 10 033
' 200
*236
14 227
4,222
9 559
316
12 145
2 215
9 682
248
do
do
29, 985
82
32, 364
132
32, 495
201
34 731
205
36 608
167
37 553
165
38 264
369
40 532
158
41 467
'..322
40 601
211
39 515
208
35 036
250
36 095
173
3 305 3 536
3*396 3*491
9 467 10 018
76
75
3 439
3 448
10 439
96
3 607
3 271
10 908
81
3 070 3 257
3*008 3 099
ll' 198 11 471
75
' 78
3 383
4 821
10 160
'339
3 628
3 533
10 285
41
4nifi
3 ?Kn
In 701
3 7QO
3 410
11 225
102
a ft7Q
do.
do
_ do.
do
' Revised.
» Preliminary.
1 Weekly average for year.
2 Beginning Jan. 1965, data
are 4-week averages for period ending on the Saturday nearest the end of the month.
3 See
note "O" for p. S-21.
9 Revisions for 1961 are available upon request.
^Monthly averages for 1962 for new orders, production, and shipments reflect revisions
to adjusted annual totals; revisions by months not available.
115
3 070
11 334
100
37 207
199
q onn
q f)(V7
q OKI
3 400
11 266
82
q OQ7
iQfi
191
S cn-i
n
128
n
ftl ^
77
123
<f As reported by publishers accounting for about 74 percent of total newsprint consumption
in 1963 and 75 percent in 1964 and 1965.
§ Revised to reflect weekly averages for new orders, production, and percent activity (on
basis of 6.5 days per week); comparable data prior to 1962 will be shown later.
0 Revisions
by months for 1962-Feb. 1963 will be shown later.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
1965
1964
1964
1963
November 1965
Oct.
Sept.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
39 292
41 242
Sept.
Oct.
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
thous bbl
Stocks, end of month:
Finished
Clinker
do
do
29 441 30 635 35 834
90
36, 333
31 100
25, 968
76
29 354
Production finished cement
Percent of capacity
30 665
38 008
40 693
27 950
19 969 117 539
38, 029
23 070
39 555
23 060
34, 712
18 322
30, 341
15 302
33, 587
15 624
39, 585
18, 687
617 1
28' 6
147' 7
645 3
25 9
153 1
725 2
25 0
178 8
737 4
28 4
183 0
647 1
22 6
132 9
494 2
22 4
111 2
74
89
79
64
15 939
22 535
29 987
34 416
39 192
463 6
23 3
93 5
418 8
21 5
90 1
578 4
23 6
123 7
700 0
27.3
147 5
758 3
29.6
165 9
787 8
26.5
185 4
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil standard brick
Structural tile except facing
thous sh tons
r
761 3
26 2
171 0
767 5
29 7
175 5
30 6
Facing tile (hollow), glazed and unglazed
mil brick equivalent
Floor and wall tile and accessories, glazed and un-
31 5
29 5
31 2
32 2
31 9
28.1
20 1
20 2
26 3
27.0
26.8
29.8
31.1
22! 3
23 g
23 8
24 4
22 1
21 3
20 5
21 4
25 9
24 3
23.6
26 4
24 0
Price index, brick (common) , f.o.b. plant or N.Y.
dock
1957 59 ~ 100
106 1
107 1
107 2
107 2
107 2
107 6
107 6
107 7
107 8
107 8
107 8
107.8
107 8
79, 325
35, 370
43 955
81 326
36 188
45 138
82 874
39, 898
42 976
15,134
15,784
15,184
15,923
14,812
13,511
15, 818
15. 663
12, 638
16, 684
17, 672
14 (592
15 398
16 893
14 917
14 12?
14 671
14 575
14 265
19 176
12 813
15 732
1, (502
1 736
3 027
1,792
1,356
1,300
1,301
1,323
2 066
1,176
1,398
1, 664
2,080 »• 2 830
2,926
4 100
4 227
4 751
4 471
4 024
4 068
4 326
4 132
5 453
2 838
3 931
4 636
4,431
4 976
4 929
1,350
1,101
956
2,274
1,836
3,661
1,968
1,541
2,761
1,082
1,221
3,352
2,089 r 1,764
3,852 r 3, 357
1,375
1,028
2,417
1 321
2,465
1,679
1,659
2,451
1,363
975
2,422
1,525
1,179
2,137
1,550
1,371
2,622
2, 277
1, 349
1 472
2 771
1 396
do
do
do
2, 972
3 064
3,106
3,225
536
115
3,192
3,471
3 305
3 236
640
99
835
120
2,776
541
98
2,947
524
79
do
25 621
26929
25, 375
26 794
20 274
24,074
25, 733
24 8
log 8
109.2
18, 600
18,460 ' 19, 333
16,727
17 948
16, 894
r
GLASS AND GLASS PRODUCTS
Flat gl ass, mfrs/ shipments (qtrly. average or total)
thous $
Sheet (window) glass shipments
do
Glass containers:
Production
thous gross
General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
Beverage .
Beer bottles _ _ _
Liquor and wine
do
do
do
_ ._
Medicinal and toilet
Chemical household and industrial
Dairy products
Stocks, end of month
•!
2,453
739
127
84 599
38, 156
46 443
614
118
613
148
3,000
621
124
26 413
25,668
26,432
83, 162
32, 643
52, 498
81 797
29, 299
50 519
489
149
602
103
26, 515
3,355
3,915
r
!8 361
r
17 397
2,838
1,155
1 382
1,501
3,275
552
89
2,692
509
86
3 371
3,148
564
117
556
128
26, 112
26, 812
27 314
26, 401
GYPSUM AND PRODUCTS
Crude gypsum, qtrly. avg. or total:
Imports
thous sh tons
Production.
_
do
1, 372
1^562
2,002
1,567
2,597
2 671
2,816
2,588
1 072
2 365
2,622
Calcined, production, qtrly. avg. or total
2, 295
2 360
2,479
2,202
2 i32
2,365
1, 052
1 140
' 73
1,250
1,206
72
815
76
1,300
71
243
248
262
281
204
241
208
210
237
263
mil. sq. ft.. 387. 3 373 7 410.1
do
1, 777. 3 1 885 6 2,020.9
do...
62.0
66.6
63 2
1,790.0
do
Gypsum products sold or used, qtrly. avg. or total:
Uncalcined uses
thous. sh. tons
Industrial uses
__
do
Building uses:
Plasters:
Base-coat
do
All other (Incl. Keene's cement)
do
Lath
_
Wallboard..
Allotherl
70
259
248
327.1
1 630
87
377.6
306 4
1 728 9
50 6
58.1
2 149 2
78.9
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics, weaving mills:f
Cloth woven (gray), total
mil. linear yd
Cotton (gray)
do
Stocks, total, end of period cf
do
CottoncfL____ __ ___
do
Orders, unfilled (gray and finished), total, end of
period^
mil linear yd
Cotton (gray and finished) f
do_ _
967 1 056
728
*761
1 180 1 068
829
661
998
707
1 118
692
3 661
2,500
3 093
1,956
2 741
1,865
2
1 237
2 893
1 071
'673
1 000 2 1 107
1 028
2 787
714
740
1 021
1 073 1 068
670
661
614
3 320
2 174
3 541
2,357
3 642
2,536
3 661
2,500
1 040 2 1 286
2 914
745
992
949
597
567
1 026
736
953
572
1 050 2 1 258
2 893
751
979
1 038
621
588
823
581
1 027
615
1,036
730
1 065
636
4 032
2^919
4 166
3 067
4 312
3^153
4 135
3,025
4 107
3,019
180
922
3 917
2,807
4 289
3,121
COTTON
Cotton (exclusive of linters) :
Production:
GinningsA—
thous. running bales 3 15,290 3 15,148 3,681 9 061 12, 383 4 13, 595
Crop estimate equivalent 500-lb. bales
thous. bales. 3 15,334 315,180
2
2 799
Consumption O
do
702
699
745
882
723
Stocks in the United States, end of mo., total O
thous. bales
17,, 789 r 19, 580 ' 25, 719 24 948 23, 709 22, 404
Domestic cotton, total O
do
17,661 ' 19 466'25 585 24 823 23 589 22 292
On farms and in transit
do
3,481 r 3, 859 ' 12, 391 8 123 5 001 2 130
Public storage and compresses O
do
12, 818 14, 290 12, 341 15 754 17 354 18 706
Consuming establishments. __ _
do
1,361
1,317
853
946
1,234
1 456
Foreign cotton, total O.
do
128
114
125
134
112
120
r
Revised.
1 Beginning Jan. 1965, excludes finished, used in prepared masonry cement
(128,000 bbls. in Dec. 1964).
2 Data cover 5 weeks; other months, 4 weeks. 3 Total crop for
year.
* Ginnings to Dec. 13.
5 Ginnings to Jan. 15. 6 Nov. 1 estimate of 1965 crop.
§ Comprises sheathing, formboard, and laminated board.
f Effective Feb. 1965 SUEVEY, monthly data (back to 1960) reflect adjustment to benchmarks
and other basic changes; see Census report: "Woven Fabrics, M22A (64)-Supplement 1."
Beginning Jan. 1964, data for total cloth are not comparable with those for earlier periods;
manmade fabrics classifications were revised and drapery fabrics included.
8
14, 939
729
15,148
741
20 976 20 138
20 869 20 034
808
1 114
18 115 17 464
1 762
1 640
104
107
2 914
735
742
2 897
18 813 17 340 16 380 15 240
18 718 17 252 16 300 15 166
388
' 873
511
'448
16 021 15 080 14 099 13 056
1 824 1 784 1 753 1 599
95
88
74
' 80
595
14 291
14 223
230
12 521
1 472
67
733
28 401
28 306
14 620
12 512
1,174
95
3,663
2
886
8,920
6 15, 079
27, 366
27, 265
12, 157
14, 037
1,071
101
cf Stocks (owned by weaving mills and billed and held for others) exclude bedsheeting,
toweling, and blanketing, and billed and held denims; small quantities of finished fabrics
are included. ^Unfilled orders cover cotton fabrics (gray and finished, except bedsheeting,
blankets, and toweling) and manmade fiber fabrics (gray, except blanketing).
ATotal ginnings to end of month indicated, except as noted. O Revisions for Aug. 1962Dec. 1963 are available: for stocks, monthly averages also reflect cotton released by GSA
from the cotton stockpile (beginning July 1962).
SURVEY OF CURRENT BUSINESS
November 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1965
1964
1963 | 1964
Monthly
average
S-39
Sept.
Oct.
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
E xpor ts
thous . bales Imports
_do_ „_
Prices (farm), American upland
cents per lb—
Prices, middling 1", avg., 15 markets
-do
Cotton linters:
Consumption©
Production!
Stocks end of mo to
-
thous bales
- do. _
do
363
11
232.0
233.2
437
10
329.5
330.7
111
129
666
116
131
671
COTTON MANUFACTURES
Spindle activity (cotton system spindles) :O
18, 628 18, 541
Active spindles last working day, total thous
15, 813 15, 346
Consuming 100 percent cotton
do
9,849 10. 292
Spindle hours operated, all fibers, total
- mil
456
467
Average per working day
do
8,349 8,546
Consuming 100 percent cotton
do
Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
.644 v .630
20/2 carded weaving
$ per lb
.912 J> .892
36/2' combed knitting!
do
Cotton cloth:
Cotton broadwoven goods over 12" in width:
2 190
2 243
Production otrly avg or TotalO mil lin yd
Orders, unfilled, end of mo., as compared with
10.6
12.0
avg. weekly production
No. weeks' prod..
Inventories, end of mo., as compared with avg.
5.5
5.0
weekly production
No. weeks' prod
Ratio of stocks to unfilled orders (at cottoi?
.52
'.43
mills) end of mo seasonally adjusted 25.18
29.49
Mill margins^ - cents per lb
Prices, wholesale:
38.1
Denim, mill
finished
cents per yd
36.6
15.9 p « 16. 5
Print cloth, 39.inch, 68 x 72
do
17.0 » 17.4
Sheeting, class B, 40-inch, 48 x 44-48-. do...
MANMADE FIBERS AND MANUFACTURES
659 2
Fiber production qtrly avg or total O
mil lb
754 5
Filament yarn (rayon and acetate)
do
177 4
194 4
Staple, incl. tow (rayon)
do
144.8
148 6
Noncellulosic (nylon acrylic protein etc ) do
289 0
351 7
Textile glass
fiber
do
48 0
60 1
Exports:
Yarns and monofilaments
thous. lb_. 8,196
9,706
Staple, tow, and tops
_ _ _ do
4,187
4 701
Imports:
680
Yarns and monofilaments
do
767
Staple, tow, and tops
do
10 463 11 141
Stocks, producers', end of mo.:
Filament yarn (rayon and acetate)
_mil. lb_. ' 56. 8
36.9
Staple, incl. tow (rayon)
do
35.5
50 7
Noncellulosic
fiber©
...do
"113.3 10 132. 2
10
Textile glass
fiber.
_
do
28. 5 1033 1
Prices, rayon (viscose) :
Yarn, filament, 150 denierA
...$ per lb__
.82 pn 78
Staple, 1.5 denier
„
__do
.27
p 28
Manmade fiber and silk broadwoven fabrics: t
Production, qtrly. avg. or total 9 ...mil. lin. yd.. 765.2
879 1
Filament yam (100%) fabrics 9
do
391 8
Chiefly rayon and/or acetate fabrics
do _ _
208 4
Chiefly nylon fabrics
do
72 2
Spun yarn (100%) fabrics (except blanketing) 9
mil. lin. yd._
311 5
Rayon and/or acetate fabrics and blends
do____
162.7
114.0
Combinations of filament and spun yarn fabrics
mil. lin. yd__
120 0
Exports, piece goods
thous sq yd
12 972 1 f\ J.^Q
WOOL
Wool consumption, mill (clean basis) :Q
Apparel class
Carpet class
.
Wool imports clean yield
Duty-free (carpet class)* _
_
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, -Hi blood
Australian, 64s, 70s, good topmaking
30.6
30.7
290
44
31.0
30.6
114
4131
184
2
115
505
198
572
18,672
15,350
4
9,608 12,175
480 4 487
7,931 10, 003
18, 489
15, 174
29.3
30.6
244
P)
27.6
30.6
181
1
27.6
30.6
584
7
28.6
30.7
407
4
29.5
30.8
251
4
29.7
30.8
4123
195
709
110
186
762
109
167
798
4141
175
815
112
132
800
112
105
768
18,744 18, 667
15, 398 15, 286
9,909 411,093
444
495
8,166 4 9, 155
18, 744
15, 322
9,905
495
8,109
18, 750 18, 651
15, 308 15, 157
10,031 412,341
494
502
8,214 410,079
18, 676
15, 126
9,938
497
8,084
388
c
747
0)
1
30.1
30.6
109
209
644
.617
.869
.617
.869
12 A
13.7
14.8
4.8
4.7
'.38
34.14
34.9
.617
.871
()
17.5
117
53
226
3
28.9
30.0
29.5
29.7
106
4138
4133
86
71
715
53
671
18, 846 18, 692
15, 192 14,962
10, 116 412,287
506
492
8,196 4 9, 847
18, 757
15, 030
6,713
8,071
.627
.885
.632
.889
.632
'.898
29.4
29.7
4 9, 812
v 642
8,343
417
44
605
123
573
18, 929 18, 960
15, 119 15, 036
10, 131 4 12, 327
506
493
.622
.878
18.0
19.1
19.1
19.5
24.2
18.8
18.6
4.1
4.0
3.9
3.9
4.1
5.1
4.0
4.1
.27
35.83
'.25
36.02
'.22
36.16
'.20
36.49
'.19
37. 30
'.20
'.21
37.49
.21
37.97
638.31
21
38 57
34.9
17.8
17.5
35.1
18.0
17.5
34.9
18.0
17.5
34.9
18.5
17.5
34.9
18.8
17.5
34.9
18.8
17.5
34.9
18.8
17.5
34.9
18.8
17.5
*>34 9
?18 8
P17.5
.617
.876
18.2
15.6
17.2
4.7
5.2
4.3
'.36
34.53
'.33
34.62
'.30
35.22
34.9
16.5
17.5
34.9
17.0
17.5
34.9
17.5
17.5
13 2, 329
743 8
198.0
136.4
347 2
62.2
266
3
29.9
30.7
.622
.878
.617
.876
2,156
7
.617
.875
398
2
30.2
30.9
.617
.878
2,368
2 364
835.6
203.3
165.4
401.5
65.4
819 3
199 8
154.2
402 8
62 5
*>.900
880.4
207.9
164.2
437.8
868.1 ' s 71. 5
8
54. 0
8 55. 9
8
8
8,081
38.62
71 3
52 3
70.5
10, 831
4,994
10, 496
5, 367
10, 245
5,564
13, 078
7,831
83,786
9 2, 225
5,575
2,671
12, 100
7,184
11, 041
7,492
7,559
4,686
10,071
4,976
982
7,782
935
8,433
706
10 346
1,208
11 140
1,814
4 948
975
5 837
1,032
16, 470
1,087
8 892
970
9 781
9,505
35.2
49.8
123.4
35.2
33.1
47.8
32.4
46.5
32.6
51.3
134. 4
36.8
33.9
49 3
32.4
49.0
32.1
51.8
130.9
34.1
32.9
52.4
33.5
55 5
.78
.28
.78
28
.78
28
.78
.28
78
28
.78
28
.78
.28
.78
28
.78
28
8,189
2,840
3,336
8 282
4 034
9,689
1,023
1,114
13, 412
19 fi7ft
34.5
60.6
145.7
33.7
40.1
69.6
46.3
73.0
52 9
71 1
.78
.28
.80
.28
.80
.28
-p no
11 148
11 910
13, 869
23 3
1,564
861.1
384 6
201.7
72.6
13 942. 0
13
421 9
is13228 4
75. 1
973.0
417.2
221.6
76.7
13
361.5
374.4
162.4
112. 1
is 165. 8
i3 132. 2
174.4
p 80
980.6
308.5
1 313
162.0
336. 4
416.7
219.6
77.2
1fi S4.9
Ifi 0^7
14 538
13 128. 5
17 742
9 fi 71 fi
10 821
137.0
20 078
18 797
14 660
115.4
131.4
13 494
mil. lb,_
do
do
do
20. 9
13.4
23 8
14.0
IS ft
4 91 7
Ifi 9
4 1Q d.
1Q A.
1Q c
4 24 7
99 f?
99 1
9.8
19.7
11.5
412.7
13.6
6.8
9.7
16.6
6.2
410.7
25.2
12.6
9.3
8.9
411.0
8.7
8.7
4 27 3
410.8
r 19 5
12 10. 0
18.3
9.5
$ per lb...
do
do....
1.326
1.175
1.285
1.397
1.286
1.389
1.405
1.300
1.375
1.405
1.318
1.375
1.392
1.325
1.375
1.337
1.286
1.235
1.325
1.216
1.200
1.275
1.155
1.125
1.215
1.138
1.095
1.195
1.130
1.075
1. 195
1.145
1.075
1.195
1.155
1. 075
1.218
1.172
1.100
Q.5
8.7
1.265
1.220
1.225
1.275
1. 253
1.225
1.275
1.255
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, American
109.0
109.0
106.7
107.1
106 2
108.7
106.9 105 7
108 3
109 0
108 7
107 5 108.0
105 4 P io7 9
Woolen and worsted woven goods, exc. felts:
73, 309
65,904
1355,488
Production, qtrly. avg. or total©. ..thous. lin. yd. 71, 101 '63,799 '61,802
71,386
'1353, 047
63, 559
Apparel fabrics total
do
68 485 '61 830 60, 076
43,868
'1334,309
36,914
Women's and children's
do__._ 43, 246 '40,839 41,530
Suiting, price (wholesale), flannel, men's and
101.7
101.7
101. 7
101.7
96.8
96.1
96.8
96.1
96.1
96.1
96.8
101.1
95.8
boys', f.o.b. mill
_
.1957-59=100..
95.8 v 95. 9
2
3
substitution of two cloths used in the average (comparable data back to Aug. 1963 are
' Revised.
*> Preliminary.
* Less than 500 bales.
Season average.
Season
4
6
available).
§ Data beginning Aug. 1965 are not strictly comparable with earlier prices.
average for sales prior to Apr. 1, 1965.
FOT 5 weeks; other months, 4 weeks.
See
8
AEffective Jan. 1964, prices reflect change in BLS source and are not comparable witn
note "If."
e For 11 months.
1 N.A.
For month.
e See "O," P- S-21.
" Quar12
those for earlier periods. Dec. 1963 price, comparable with Jan. 1964, estimated by QBE, $.78.
terly average.
" See note "A."
For 52 weeks.
» For 14 weeks.
tSee corresponding note, bottom, p. S-40.
O Revisions for 1962-63 are available.
9 Includes data not shown.
*New series. See corresponding note in the Aug. 1964 SURVEY.
fProduction and stocks of linters at oil mills revised to approximate running bales; data
©Beginning July 1964 index, yarn specification changed to "American system, manufacback to Aug. 1958 are available.
IMargins reflect equalization payments to domestic users
turer to knitter."
(Aug. 1964-July 1965,6.5 cents; beginning Aug. 1965, 5.75 cents per pound); data also reflect
November 1965
SUKVEY OF CUEKENT BUSINESS
S-40
1963 |
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1964
Monthly
average
Sept.
Oct.
1965
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
17, 620
Oct.
TEXTILE PRODUCTS—Continued
APPAREL
Hosiery shipments
thous doz. pairs.. 15, 007
Men's apparel, cuttings :t
Tailored garments:
Suits
thous. units. _ 1, 713
357
15,794
16, 900
17,417
15,284
15,671
14, 170
15, 534
17, 147
15, 033
13,905
17, 289
16, 120
17, 105
1,717
"332
1,656
2,177
1,840
1,711
1,841
1,785
2,103
2, 059
1,889
1,995
' 1, 181
'321
1,862
1, 099
661
12, 465 '10,214
2,499 r 1, 894
1,061
12, 130
2,444
391
398
. 887
931
9, 551 '10,740
2, 382
2,109
728
942
11,322
2,325
336
316
406
324
Women's, misses', juniors' outerwear, cuttings: t
Coats
—
thous. units. _ 2,046
21,914
Dresses
do
828
Suits
do
2,133
22,483
901
708
1, 363
1,374
1,323
Coats (separate) dress and sport
-do
Trousers (separate) dress and sport
do
Shirts (woven fabrics) dress and sport thous doz
Work clothing:
Dungarees and waistband overalls
do
Shirts
---.-do
Blouses waists and shirts
Skirts
-
thous doz
-do
825
775
280
256
193
930
350
193
418
446
485
452
11, 108
2,679
1,087
9,601
2,444
10, 054
2,425
1, 035
10,354
2,499
1,022
11, 240
2,505
1. 095
12, 228
2,671
1, 034
12, 405
2,804
1,073
11, 937
2,573
379
302
398
369
343
330
326
305
358
339
346
313
442
362
399
324
367
308
436
331
356
261
413
349
2,454
19, 608
3,096
21, 178
2,438
18, 512
1,696
16,759
2,104
20,P85
1, 138
2,450
23, 630
1,362
2,141
30, 228
1,279
813
27, 879
1,340
25, 067
2,354
24, 311
2,301
19, 086
2,437
21,932
840
1,170
1,506
1,495
1 670
1,505
••830
719
820
1, 575
834
899
1,349
613
525
745
752
841
678
518
1 359
1,445
988
904
1, 334
' 1, 001
1,374
1,037
903
902
933
r
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
3, 522
4, 021
4,492
3,379
4,070
4,505
3,293
4,120
3,995
2,971
3,534
4,694
2,960
4,341
5 106
3 298
4 589
4,102
3,301
4,172
3,204
3,978
3,060
4,262
3,247
4,050
3,011
4,206
3,081
13, 904
10, 950
5,301
1, 510
15,218
11, 658
6,276
1, 527
15,454
11, 927
6,294
1,461
15,218
11,658
6,276
1,527
15, 862
11, 607
6,377
1 850
16,762
11,824
7 056
1 771
4, 646
4,558
4,882
4,558
4 602
4,725
1,295
1, 418
1,381
1,418
1,514
Aircraft (civilian): Shipments®.
do
57. 2
Airframe weight ©_ thous. lb__ 1, 340
Exports
mil. $_. 20.3
88.8
1,909
23.9
67.8
1,454
14.0
94.4
2,176
32.3
83.0
1,856
21.7
774.4
744.3
646.0
629. 5
128.4
114.8
700.9
671. 1
581.9
563.8
119. 1
107.3
491.8
463.7
411.5
394.7
80.3
69.0
794.1 1, 031. 4
748.8
995. 1
679.2
884.3
648. 4
862.4
114.9
147.0
100.3
132.6
number. . 22, 928 27,455
.......do
12, 851 14, 726
__do_ __ 10,076 12, 729
22, 853
11, 895
10, 958
26, 938
13, 521
13, 417
Orders, new (net), qtrly. avg. or total
__mil. $„
U S Government
do
Prime contract
do
Sales (net), receipts or billings, qtrly. avg. or total
mil. $__
U S Government
..
do
Backlog of orders, end of year or qtr. 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. $__
4,409
109.7
2,263
12.8
1 568
159.6
3,174
51.8
91.2
2,075
230.0
99.7
2,071
23.1
936.7
910.7
798. 1
782.8
138.6
127.9
906.0 1, 124. 6 1, 017. 7
991.4
873. 2 1,091.0
957.5
861.0
774.8
937.9
846.9
753. 1
167.1
156.7
131.2
153.1
144.5
120.2
137.9
2.834
57.2
-
124.6
2,574
34.3
119.1
2,472
23.0
130.8
2,562
24.1
145.2
2,864
61.1
986.0 1, 058. 6
960.7 1, 034. 3
832.7
894.1
819.3
880.9
153.3
164.5
141.4
153.4
880.1
863.8
754.0
745.6
126.1
118.2
444.7
433.9
333.0
330.4
111.7
103.5
57.9
MOTOH VEHICLES
Factory sales, total— _ _ _ _.
Domestic .-.
Passenger cars, total
Domestic
_
Trucks and buses, total
Domestic Exports, total f
•_
Passenger cars (new and used)
Trucks and buses
thous
do.
do
do
do«
do
758. 4
730.0
636.5
620.3
121.9
109.7
25, 130
14, 577
10, 553
Imports (cars, trucks, buses), totalcf.—
do
36, 534 44,413 40, 283 46, 831 48, 374
Passenger cars (new and used)cf
-do
35, 308 43, 896 39, 632 46, 382 47,644
Shipments, truck trailers: A
6,976
5,947
Complete trailers and chassis
.
___.do_ _
8,056
6,465
7,245
Vans
do.
4,841
4,177
3,558
3,885
4,320
Trailer bodies and chassis (detachable), sold
804
678
987
separately
..number..
445
650
Registrations:©
New passenger cars.. _
_thous__ 629.7 672.1 565.4 658.5 563.5
42.4
46.2
32.1
39.9
Foreign cars
*
- - - do
40.3
114.5
New commercial cars (trucks)
do
121.1
•97.8
103.7
113.5
598.7 11,005.2
574.2
459.7 1849.5
445.2
139.0 1155.7
129.0
36,053 236,617
20, 732 234,478
15, 321 232,139
11, 570
7,929
3,641
24, 141
16, 179
7,962
16, 593
10,-138
6, 455
13, 805
8,155
5,650
11,901
6,610
5,291
10, 277
4,946
5,331
8,035
2,150
5,885
13,065
7,721
5,344
63,985
63,427
24, 172
23, 622
44,476
43, 971
57, 355
56,894
66, 010
65, 120
42,216
41, 800
51,779
51,351
46, 492
46, 200
19, 322
19, 162
47, 147
46, 653
7,157
4,510
7,063
4,536
7,481
4,613
9,591
5,659
9,337
5,753
9,390
5,923
9, 134
5,544
8,174
5,261
' 8, 752 8,614
5,627
5,540
867
403
305
245
422
642
1,156
1,593
1, 146
1,849
756.8
39.4
113.4
667.0
36.0
102.7
631.1
30.1
98.9
798.7
43.1
126.9
895.9
46.9
142. 3
841.4
49.5
130.8
841.5
.49.3
135.2
833.6
52.0
136.4
766.7
54.3
129.7
589.5
51.7
122.6
EAILEOAD EQUIPMENT
Freight cars (ARCI):
Shipments....
Equipment manufacturers, total
Railroad shops, domestic
New orders.
Equipment manufacturers, total....
Railroad shops, domestic
Unfilled orders, end of year or mo
Equipment manufacturers total
Railroad shops, domestic
Passenger cars: Shipments..
Unfilled orders, end of mo
Freight cars, class 1 (AAR): §
Number owned, end of year or mo
Held for repairs, % of total owned
number..
do.___
do....
do
do...
.do
3,747
2,608
1, 140
5,756
3,780
1,976
4,314
2,899
1,415
5,124
3,629
1,495
5, 820
4,260
1,560
6,490
4,665
1,825
6,130
4,272
1,858
6,594
4,337
2,257
6,152
4,348
1,804
6,166
4,040
2,126
5, 873
3,976
1,897
6,813
4,659
2,154
5,784
3,739
2,045
5,034
3,583
1,451
6,345
4,429
1,916
5,089 '6,929
3,665 r 3, 719
1,423
2,210
3,992
2,610
1,382
6,763
3,387
3,376
6,443
2,326
4,117
9,741
6,647
3,094
9,436
4,582
4,854
' 4, 770
'3,314
1,456
7,827
6,025
1,802
' 4, 804
3,110
r 1, 694
5,839
5,241
598
8,555
7,971
584
6, 330
5,586
744
8,801
6,188
2,613
7,821
6,441
1,380
32, 857
20, 025
12,833
31,278
20, 688
10, 590
30, 452
20, 249
10, 203
29,824
17, 187
12, 637
33, 167
19, 190
13,977
36,465
19, 500
16, 965
35, 006
18,845
16,161
36, 580
20, 517
16,063
35. 225
19, 589
15, 636
35,207
20, 875
14, 332
36, 744
23, 982
12,762
37, 293
25, 832
11, 461
40,832
28, 209
12, 623
42,373
30,291
12,082
do.... 22, 183
12, 645
do
9,538
do
do....
do_._.
16
198
21
328
28
305
31
284
46
238
57
191
24
177
27
150
31
119
29
90
26
64
22
62
10
52
13
39
9
30
-thous..
1,515
6.8
1,495
5.9
1, 497
6.0
1,495
6.0
1, 493
6.0
1,495
5.9
1,495
6.0
1,496
6.0
1,495
6.8
1,495
5.7
1,495
5.7
1,492
5.7
1, 491
5.8
1,489
5.8
1,488
5.8
l
lS?vl!£f
. ?re1' ,estVof pr^?cl101l' *™o See note, "P" for P- S~21- 3 See note "V
tMonthly revisions for Jap. 1981-Sept 1963 are available upon request.
9 Total includes backlog for nonrelated products and services and basic research.
® i >ata include military-type planes snipped to foreign governments.
1.Beginning Jan. 1965, data exclude exports of incomplete (unassembled) vehicles.
e
Ai?S!S*C with mf^^
u +•* * A t
*
AEffective£I ^ff^the Apr. 1964 SURVEY, shipments v,
have K
been substituted for production.
Shipments of trailer chassis only and dump trailer chassis, sold separately, -into now included
are
wrifh fho r>nTnr>lof-Q fl-ailoro anrt nhaaoio fovnant rla+aA^nlvlGV
T>«4.«, V^«l, *«
_.M_I-I_
.
©Courtesy of R. L. Polk & Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars
NOTE FOR MANMADE FIBER FABRICS, P. S-39 {Effective 1st qtr 1964
data reflect revised fabric classifications. The difference between total production and the
sum of data for filament spun and mixed yarn fabrics shown separatelv (D S-3Q") covers
upholstery, blanketing, silk, paper, and other specialty fabrics. The difference between the
total for 100% filament yarn and the fiber fabrics shown, coversto 1964 comoarablp with thp
including glass fiber and polyester components Data prior all other filament yarn goods,
detail shown are not available
'
wiupoiauie wuu uie
VL^CM* o.uv wn, aio JJAJI, avaiiauic.
TO
SECTIONS
Generals
Business indicators .„_______________- ____ 1-7
Commodity prices,-. ___ --------------- .__ 7, 8
Construction and real estate _________ _____ 9, 1 0
Domestic trade ____ _;______________.,
Employment and population _ .____________12-16
Finance. . ._____________________________16-21
. .
Foreign trade of the United States,.----___: 21-23
Transportation and communications________23,24
Industry :
Chemicals and allied products_______. - „ ___ 25
Electric power and gas ______________ : _____ 26
Food and kindred products; tobacco ______ 26-30
Leather and products______________„. ______ 30, 31
Lumber and products ____ ________________ 31
Metals and manufactures -^__________ ____ 3 2-34
Petroleum, coal, and products ____________ 35, 36
Pulp, paper, and paper products, _________ 36, 37
Rubber and rubber products ______________ 37
Stone, clay, and glass products _____________ 38
Textile products______________r ._._______38-40
Transportation equipment ________________ 40
INDIVIDUAL SERIES
Advertising
10,11,16
Aerospace vehicles
40
Agricultural loans
: :
16
Air carrier operations
:
23
Aircraft and parts
3,13-15, 40
Alcohol, denatured and ethyl
25
Alcoholic beverages
8,10, 26
Aluminum
.
23, 33
Apparel
1, 3,4, 7, 8,10-15, 40
Asphalt and tar products
_ _ _ 35, 36
Automobiles, etc_._ 1,3-6, 8,10,11,13-15,19, 22, 40
Balance of international payments
2
Banking...
16, 17
Barley—
,
27
Barrels and drums
33
Battery shipments
34
Beef and veal
.__—
28
Beverages
4, 8,10, 26
Blast furnaces, steel works, etc
13-15
Bonds, outstanding, issued, prices, sates,
yields,
18-20
Brass and bronze
33
Brick
38
Broker's balances
.
20
Building and construction materials- 8,10, 31, 36, 38
Building costs
9,10
Building permits..
,
...
_„
9
Business incorporations (new), failures
7
Business population
2
Business sales and inventories
4, 5
Butter
„
27
Cans (tinplate)
33
Carloadinga, _ ,
24
Cattle and calves
28
Cement and concrete products
8-10, 38
Cereal and bakery products
8
Chain-store sales, firms with 4 or more and 11
or more stores
'.
,
,
12
Cheese
27
Chemicals
—
4-6, 8,13-15,19, 22, 25
Cigarettes and cigars
,__
8, 30
Civilian employees, Federal
14
Clay products
,_
8, 38
Coal
4, 8,13-15, 22, 24, 35
Cocoa
23, 29
Coffee
,
23, 29
Coke
24, 35
Communications
2, 13-15,20, 24
Confectionery, sales
29
Construction:
Contracts
.
9
Costs_ ;
.
. • .
9,10
Employment, hours, earnings, wages
13-16
Highways and roads
9, 10
Housing starts
;
9
New construction put in place
1,2, 9
Consumer credit
17, 18
Consumer expenditures
* .
1, 2
Consumer goods output, index
3,4
Consumer price index
7
Copper
23,33
Corn
•
27
Cost of living (see Consumer price index)
7
Cotton, raw and manufactures
7f 8, 22,38, 39
Cottonseed cake and meal and oil „
30
Credit, short - and intermediate-term
17, 18
Crops..
3,7,27,28,30,38
Crude oil and natural gas
,
4,13-15, 35
Currency in circulation _ _ , „
19
Dairy products
*
3, 7, 27
Debits, bank
16
Debt, U.S. Government—.
18
Department stores
11,12, 17
Deposits, bank_.,_—_,
—„. 16,17,19
Disputes, industrial
16
Distilled spirits
26
Dividend payments, rates, and yields
1,3,18-21
Drug stores, sales
_.
11,12
National defense expenditures..
.,_, 1,18
National income and product...
1, 2
National parks, visits.—.,..-..
24
Newsprint
23,37
New York Stock Exchange, selected data
20, 21
Nonferrous metals.
— 3, 8,19, 23, 33, 34
Noninstallment credit
.
>. 17.18
Earnings, weekly and hourly
„— 14-16
Eating and drinking places
> „,
11,12
Eggs and poultry.
- 3, 7, 29
Electric power
,
~, 4, 8,26
Electrical machinery and equipment—
3,
5, 6, 13-15,19, 22,34
Employment estimates
.
12—14
Employment Service activities „
16
Expenditures, U.S. Government
18
Explosives
.
-_
25
Exports (see also individual commodities)
!,
2,21-23
Express operations
—
23
Oata
„
27
Oil burners
._,„.
„
. ,•—
34
Oils and fats—
..—•—
8, 22, 29, 30
Orders, new and unfilled, manufacturers*—-„
6
Ordnance
.._.-;
. . . . 13-15
....
Failures, industrial and commercial
,
7
Fans and blowers
.
34
Farm income, marketings, and prices
1, 3, 7
Farm wage*-...
.
16
Fats and oils
,
8,22, 29,30
Federal Government
finance
18
Feder al Reserve .banks, condition of
:
16
Federal Reserve member banks
17
Fertilizers
„
8, 25
Fire tosses
'_,,
,
10
Fish oils and
fish
29
Flooring, hardwood
.
31
Flour, wheat-28
Food products— 4-8,10,11,13-15,19, 22, 23, 27-30
Foreclosures, real estate——_
10
Foreign trade (see also individual commod.)
21-23
Foundry equipment
34
Freight carloadinga
„
24
Freight cars (equipment).
4, 40
Fruits and vegetables
7, 8, 22
Fuel oil
,
35, 36
Fuels
4,8,35, 36
Furnaces
,
34
Furniture
.
» 3,4,8,11-15,17
Furi
.
„
•
23
Paint and paint materials.——-, 8, 25
Panama Canal traffic '. :;
^—„_
24
Paper and products and pulpw
—-_
3,
5,6,8,13-15,19,23,36,37
Parity ratio
„
„
' 7.
Passports issued
,
24
Payrolls, indexes
14
Personal consumption expenditures.
1,2
Personalincome
,-~
2,3
Petroleum and products
4-6,
8,11,13-15,19, 22, 23, 35,36
Pig iron
.„__
.
_-__ —
32
Plant and equipment expenditures
;
', 2, 20
Plastics and resin materials
_
25
' Population
:
;. ,
•
• 12
Pork,
'
,
,
28
Postal savings
17
Poultry and eggs
,
3, 7, 29
Prices (see also individual commodities)
7, 8
Printing and publishing..
4,13-15
Profits, corporate
1,19
Public utilities
_
_ 2-4, 7-9,13-15,18-21
Pullman Company
24
Pulp and pulpwood
36
Purchasing power of the dollar.—
8
Gas, output, prices, sales, re venues
.- 4,8, 26
Gasoline.1,35,36
Glass and products
38
Glycerin 25
Gold
I
19
Grains and products
7, 8, 22, 24, 27, 28
Grocery stores.11,12
Gross national product
1,2
Gross private domestic investment
1, 2
Gypsum and products
8, 38
Radiators and con vectors
34
;
Radio and television
4,8,10,11, 34
Railroads
2,13,14,16,18, 20, 21, 24, 40
Railways (local) and bus lines
—
13-15, 23
Rayon and acetate
39
Real estate
—
10,17,18
Receipts, U.S. Government
18
Recreation
7
Refrigerators and home freezers
.
34
Rent (housing)
7
Retail trade,
4, 5, 7,11-15,17,18
Rice
,
,
.
27
Roofing and siding, asphalt
36
Rubber and products (incl. plastics)
4-6,
8,13-15, 23, 37
Rye
. .
27
Hardware stores
,_
11
Heating equipment
8, 34
Hides and skins—
8, 30
Highways and roads
9,10
Hogs
—
„
28
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
Hotels
14,15, 24
Hours of work per week
14
Housefurnishings
1,4, 7, 8, 10-12
Household appliances and radios
4, 8,11,34
Housing starts and permits,.
9
Imports (see also individual commodities), 1, 2,22, 23
Income, personal
; 2, 3
I ncome and employment tax receipts
18
Industrial production indexes:
By industry
„
,
3,,4
By market grouping
3,4
Installment credit
12,17,18
Installment sales, department stores._12
Instruments and related products
3,13-15
Insulating materials
34
Insurance, life
18,19
Interest and money rates
17
Inventories, manufacturers' and trade. __ 4-6,11,12
Inventory-sales ratios..
5
Iron and steel. . 3, 5, 6, 8,10, 13-15, 19, 22, 23, 32, 33
Labor advertising index, disputes, turnover
16
Labor force
.
12
Lamb and mutton
_- _
28
Lard.
28
Lead .
33
Leather and products
3,8, 13-15, 30, 31
Life insurance
„_,
18,19
Linseed oil
30
Livestock
3, 7,8,24,28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
10,16,17, 20
Lubricants
35,36
Lumber and products.-3, 8,10-15,19, 31
Machine tools
34
Machinery..3,5,6,8,13-15,19,22,34
Mail order houses, sales
11
Manmade fibers and manufactures
„_ 8,39
Manufacturers' sales (or shipments), inventories, orders.....
4-6
Manufacturing employment, production workers, payrolls, hours, earnings
13-15
Manufacturing production indexes
.
._. 3,4
Margarine
—
29
Meat animals and meats
3, 7,8,22, 28
Medical and personal care
7
Metals
——
3-6, 8,13-15,19, 22, 23, 32-34
Milk
27
Mining and minerals2-4, 8, 13-15,19, 20
Monetary statistics
19
Money supply
:
19
Mortgage applications, loans, rates
10,16, 17
Motor carriers
:
23, 24
Motor vehicles
1,3-6, 8, 10,11,13-15,19, 22,40
Motors and generators
:__
.
34
Saving, personal
2
Savings deposits
^
17
Securities issued
19, 20
Security markets
20,21
Services—
.—
1,2,13-15
Sheep and lambs
—_ -„..
28
Shoes and other footwear
8,11,12, 31
Silver——
...,
...
19
Soybean cake and meal and oil
30
Spindle activity, cotton.
39
Steel ingots and steel manufactures
32, 33
Steel scrap
—.,
32
Stock prices, earnings, sales, etc
20, 21
Stone, clay, glass products
3-5,8,13-15,19,38
Stoves and ranges
:
34
Sugar—
...
23, 29
Sulfur...25
Sulfuric acid
;_—_-—_.
25
Superphosphate
.
25
Tea imports
29
Telephone, telegraph, cable, and radiotelegraph carriers
13-15, 24
Television and radio
4, 8, 10,11, 34
Textiles and products.. 3, 5, 6, 8,13-15, 19, 22, 38-40
Tin
23, 33
Tires and inner tubes
8,11, 12, 37
Tobacco and manufactures
4-8, 10,13-15, 22, 30
.Tractors
•—.
22, 34
Trade (retail and wholesale)-,
4, 5,11,12
Transit lines, local
—:
23
Transportation
1, 2, 7,13-15, 23, 24
Transportation equipment
3-6,13-15, 19, 40
Travel
,_
23, 24
Truck trailers
—
40
Trucks (industrial and other)
34, 40
Unemployment and insurance,
12,16
U.S. Government bonds
16-18, 20
U.S. Government
finance
18
Utilities
2-4, 9, 13-15,18-21, 26
Vacuum cleaners
Variety stores
.
Vegetable oils
Vegetables and fruits.
Vessels cleared in foreign trade
Veterans'benefits.
.
Wages and salaries
.
,
Washers and driers
Water heaters
Waterway traffic
.—_
Wheat and wheat
flour
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures.—,
1,3,14-16
—34
._•—
34
24
...
28
8
4, 5, 7,13-15
36
7, 8, 23,39
Zinc
...
..
34
- 11, 12
30
7, 8,22
24
16, 18
33,34
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