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NOVEMBER 1975
/ VOLUME 55 NUMBER
11
SURVEY OF CURRENT BUSINESS
CONTENTS
U.S. Department of Commerce
THE BUSINESS SITUATION
Rogers C. B. Morton / Secretary
Federal Budget Developments
2
Vehicles: Recent Developments and Treatment
in the GNP Accounts
4
Advance Copies of the Benchmark Revision of GNP
7
National Income and Product Tables
8
The BEA Economic Areas:
Structural Changes and Growth, 1950-73
14
Revised Inventory and Sales Estimates
26
James L. Pate / Assistant Secretary
for Economic Affairs
Bureau of Economic Analysis
George Jaszi / Director
Morris R. Goldman / Deputy Director
SURVEY OF CURRENT BUSINESS
Editorial Board: Jack J« Ranie, John E. Cremeans,
Donald A. King, Martin L. Marimont, Beatrice
N. Vaecara, Charles A. Waite, Allan H. Young
Editor: Dannelet A. Grosvenor
Statistics Editor: Leo V. Barry, Jr.
Graphics Editor: Bitty Jo Hurley
Staff Contributors to This Issue; Carol S. Carson,
Gerald F. Donahoe, Douglas R. Fox, Howard L.
Friedenberg, Linda Hesselman, Charles A. Waite,
Joseph C. Wakefield, Allan H. Young, Regional
Economic Analysis Division
Staff Contributors to This Issue: Carol S. Carson,
Gerald F. Donahoe, Douglas R. Fox, Howard L.
Friedenberg, Linda Hesselman, Charles A. Waite,
Joseph C. Wakefield, Allan H. Young, Regional
Economic Analysis Division
Editorial Board: Jaek J. Bame, John E. Cremeans,
Donald A. King, Martin L. Marimont, Beatrice
N. Vaecara, Charles A. Waite, Allan H. Young
CURRENT BUSINESS STATISTICS
General
S1-S24
Industry
S24-S40
>6-l9T* ®
Subject Index {Inside Back Cover)
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the BUSINESS SITUATION
LEVISED estimates show that the
Ri
third-quarter increase in real GNP was
accounted for about three-quarters of ment cost of goods taken out of inventhe increase; within manufacturing, tory over the cost at which these goods
even sharper than indicated by the increases were widely spread, with that are charged to production. They are
preliminary figures—about 13 percent of motor vehicle producers particularly measured by the inventory valuation
at an annual rate as compared with 11 sharp. Profits in petroleum refining and adjustment with its sign reversed.
percent. A lower rate of inventory primary metals declined. Among non- Inventory profits increased in the inliquidation than estimated last month
manufacturing industries, earnings rose dustries manufacturing and distributing
was the major element in the revision.
food, as a result of an acceleration in the
Larger net exports of merchandise and in transportation, communication and rate of increase in farm product and
services—the latter reflecting mainly public utilities, and trade.
processed food prices. In most other
Before-tax book profits increased $21
net inflows of property income from
industries, inventory profits were stable
abroad—also contributed to the re- billion from the second quarter. In or declined somewhat.
vision. The main conclusion derived addition to the increase in profits from
Benchmark revisions.—The NIPA
from the preliminary estimates is cor- current production, inventory profits estimates published in this issue of the
roborated by the new ones: Inasmuch were up $3% billion. Inventory profits SURVEY OF CURRENT BUSINESS will be
as the third-quarter increase reflected are defined as the excess of the replace- superseded in December by new estian extraordinary reduction in the rate
of inventory liquidation, it is a strong
exaggeration of the underlying strength
Table 1.—Reconciliation of Changes in the Implicit Price Deflator for Personal
of the ongoing recovery.
Consumption Expenditures and Consumer Price Index, Seasonally Adjusted
Price performance turned out to be a
1975
1974
little better. The GNP chain index
rose at an annual rate of about 7 perII
III
I
IV
cent, as compared with 7% percent
1. Implicit price deflator for personal consumption expenditures (percent change at annual
calculated last month.
6.3
4.9
12.4
5.3
rate)
Preliminary estimates of third- 2. Less: Contribution of shifting weights
-.3
-1.3
-.8
2.7
_.
quarter corporate profits permit a
.0
-1.3
-.5
2.4
New cars, domestic
.2
.0
-.2
-.1
Fuel and ice.
.
check from the income side on the
-.1
-.2
.1
.0
Gasoline and oil
-.1
-.1
-.1
.3
Other
items.
.
.
conventional, product-flow GNP esti7.6
5.2
6.1
9.7
mate. GNP as a sum of income flows 3. Equals: Chain price index for PCE (percent change at annual rate)
4.
Less:
Contribution
of
difference
in
weights
of
items
common
to
the
implicit
price
deindicates an increase somewhat less
.4
1.1
.0
-.5
flator for PCE and the CPI
than the current-dollar increase that
-.1
-.1
-.3
-.3
Food away from home -.5
-.1
-.2
-.9
Food at home
corresponds to the 13 percent in real
.4
.4
.6
.6
Rent.. .
.__
.2
.6
.0
.6
Automobiles new
GNP.
-.1
.0
.0
-.1
Gasoline
.5
.3
-.1
-.4
Other
items
Corporate profits.—These estimates
-.1
.1
-.2
.3
indicate that the national income and 5. Less: Contribution of non-CPI items used to deflate PCE
-.3
-.3
-1.0
-.5
Services
furnished
without
payment
by
financial
intermediaries
_
_
product account (NIPA) measure of
.2
.4
.8
.8
Other items
profits—profits from current produc- 6. Plus: Contribution of CPI items not used to deflate PCE
1.2
1.9
1.6
2.8
tion—rose $17% billion at an annual
.6
2.1
1.3
2.1
Homeownership costs
.7
.6
-.4
.6
Automobiles, used
rate from the second quarter. The in-.1
.0
-.1
.1
Other items
crease was almost entirely in profits from 7. Equals: Consumer price index (percent change at annual rate)
8.5
5.9
7.9
12.7
domestic production. Manufacturing
SUEVEY OF CURRENT BUSINESS
Table 2.—Reconciliation of Changes in Compensation Per Hour and Average Hourly
Earnings, Private Nonfarm Economy, Seasonally Adjusted
1974
1975
IV
1. Compensation per hour, all persons l (percent change at annual rate)
I
II
III
10.3
86
78
80
.4
2.1
.5
— .1
3. Less: Contribution of employees of private households and government enterprises and
self-employed and unpaid family workers
7
— 4
— 2
g
4. Equals: Wages and salaries per hour, all employees except private household and government enterprises (percent change at annual rate)
9.2
6.9
75
7.3
5. Less: Contribution of supervisory and nonproduction workers, non-BLS data, and detailed weighting, total
.
...
.1
1.9
2.2
—.4
.9
15
—.1
— 7
.8
4
.8
3
.7
6
.5
10
—.3
— 3
1
9.1
5.0
5.3
7.7
.1
.3
.1
4
9.0
4.7
5.2
7.3
2. Less1 Contribution of supplements
-
--
Commodity-producing industries. _.. ._
M an uf acturing
Distributive industries .
Services industries
.
-
-
_
6. Equals: Average hourly earnings, production and nonsupervisory workers, obtained
from seasonally adjusted industry components (percent change at annual rate) ._
7 Less* Contribution of seasonal adjustments by industry
8. Equals: Average hourly earnings, production and nonsupervisory workers (percent
change at annual rate)
- .
Expenditures increased moderately—
about $8 billion, well below the average
of the first two quarters. Transfer payments recorded only a modest gain
because cost-of-living increases, including an 8 percent social security benefit
increase paid in July, were offset to a
large extent by the absence of the
second-quarter bonus provided by the
Act. Purchases increased in line with recent trends. Grants advanced strongly
as impounded highway funds were
released.
o
1. These data may differ from the series published by the BLS because hours have been adjusted to make them comparable
to those implicit in the compensation series. The BLS figures for the fourth and first quarters are 9.4 and 9.4.
mates. The new estimates will differ
in many ways from those published
here. They have not yet been completed, but it seems likely that the
major difference in the new set will be
that corporate profits will be seen to
have declined more relative to other
income shares beginning in 1973, and to
have recovered somewhat more sharply
since the bottom of the recession. As
mentioned in the SURVEY last July, the
change in business inventories will also
be revised. The new set will show that
inventory accumulation was heavier in
November 1975
1973 and more evenly distributed over
the quarters of 1974, and that the liquidation in the first and second quarters
of 1975 was also smoother.
Special tables
Reconciliations of changes in the
implicit price deflator for personal
consumption expenditures with the
Consumer Price Index and of changes
in compensation per hour with average
hourly earnings are shown in tables
1 and 2.
OMB Estimates
In early November, the Office of
Management and Budget (OMB) released the first annual current services
estimates that are required by the
Congressional Budget and Impoundment Control Act of 1974. Presentation
of such estimates, which indicate how
much it would cost to maintain existing
Federal programs in the upcoming
fiscal year, is the first step in the new
budget timetable prescribed by this
Act. The purpose of these estimates is
to provide a baseline from which
changes in programs and their financing
may be evaluated. Revised unified
budget estimates for fiscal 1976 were
released at the same time.
Current services
Concepts.—The key sentence in the
OMB document describing the current
services concept appears to be: "The
current services estimates for 1977 are
the anticipated costs of continuing ongoing Federal programs and activities
at 1976 levels without policy changes
(that is, ignoring all new initiatives,
Presidential and congressional, that
Third-quarter NIP A statement
justed annual rate, down $36 billion are not yet law). In general, the 1976
level on which the current services
On a national income and product from the previous quarter. Setting aside estimate is based is that implied by
account (NIPA) basis, the Federal the provisions of the Tax Reduction enacted 1976 appropriations or, where
deficit was reduced substantially in the Act that lowered receipts and raised 1976 appropriations have not yet been
third quarter as rapid economic recov- expenditures in the second quarter, the enacted, on the level authorized by the
ery and the impact of the Tax Reduc- deficit declined only about $3 billion. continuing congressional resolution.''
Receipts rose nearly $44 billion. The In the document, these sentences are
tion Act of 1975—most importantly,
impact
of the Act was on personal elaborated in several ways.
the absence of the one-time income tax
rebate that had reduced receipts in the taxes. Corporate taxes were boosted by
second quarter—resulted in a very a large gain in profits. Indirect business
Key assumptions about current
large gain in receipts. The deficit was taxes and contributions for social insur- services outlays taken into account are
about $67 billion at a seasonally ad- ance also recorded large gains.
the following:
Federal Budget Developments
November 1975
SURVEY OF CURRENT BUSINESS
• For programs such as social security, legislated cost-of-living increases, changes in the benefit base,
and the anticipated number of
beneficiaries.
ever, details within major functions
are provided only for the high inflation,
high unemployment alternative, or
Path I. (The assumptions for this path
are shown in table 3.) OMB notes that
this was done only as a matter of
convenience, and that it is not intended to imply that this is the most
likely path.
Based on Path I economic assumptions, receipts increase $69.0 billion in
fiscal 1977 (table 4). Individual income
taxes advance $35.5 billion, largely
due to rising incomes. The assumed
extensions of the tax cuts including
cuts to maintain withholding rates
reduce individual income taxes by $5.5
billion in 1976 and $13.1 billion in 1977.
Corporate income taxes increase $15.6
billion, due largely to an assumed
sharp increase in corporate profits in
calendar 1976. Extension of the Tax
Reduction Act reduces corporate taxes
$0.4 billion in fiscal 1976 and $3.6
billion in 1977.
Social insurance taxes and contributions increase $15.7 billion in fiscal
1977. The estimates reflect increases in
the social security tax base from $14,100
in calendar 1975 to $15,300 in 1976
and to $16,500 in 1977. Other receipts
increase $2.4 billion in 1977. This
increase assumes continuation of the $2
per barrel import fee on petroleum,
which adds $3.0 billion in 1976 and
$3.6 billion in 1977, and the continued
phaseout of the telephone excise tax
by one percentage point each January.
Outlays increase $45.9 billion in
fiscal 1977. Nondefense payments to
individuals (transfer payments) advance $20.4 billion. Military functions
• For procurement and construction
activities, anticipated inflation. Outlays for these programs are largely
determined by prior-year contracts
and obligations.
• For interest payments, the estimated deficit and stable interest rates.
The renewal of the following major
programs is assumed:
• General revenue sharing.
• Temporary employment assistance.
• Special unemployment assistance.
• Federal supplemental unemployment benefits.
• The earned income tax credit.
• The summer youth employment
program.
For purposes of estimating receipts,
the provisions of the Tax Reduction
Act of 1975, except for the income tax
rebate and the new home purchase
credit, are assumed to continue. Additional individual income tax cuts are
assumed consistent with maintaining
withholding rates at current levels.
The $2 per barrel fee on petroleum
imports is also assumed to continue.
Receipts and outlays. —Current services estimates are provided by OMB
under four sets of economic assumptions, built around two inflation paths
and two unemployment paths. How-
Table 3.—Economic Assumptions for Current Services Estimates: Path I
Calendar years
Nominal GNP
GNP deflator 1
2
Consumer price index 3
Real GNP growth rate
_
_
Unemployment rate
1. Percent change, fourth quarter over fourth quarter.
2. Percent change, December over December.
3. Percent change, year over year.
Source: Office of Management and Budget.
1975
1976
Revised fiscal 1976 unified budget
Revised estimates reflect changes
that have occurred since the MidSession Review of the fiscal 1976 budget
in late May. Like the current services
estimates, they are based on the Path
I economic assumptions.
For fiscal 1976, the deficit is $67.6
billion—$7.7 billion higher than the
May estimate (table 4). Receipts are
unchanged from the May estimate; a
$13.4 billion increase due to higher
incomes is offset by legislative proposals
that would reduce receipts by $13.4
billion, consisting largely of $11.1 billion for the administration's October
tax reduction proposal.
The 1976 outlays are $7.7 billion
higher than in the May estimate. Deletion from the revised estimates of the
$5.8 billion for energy tax equilization
payments partly offsets a combined
$13.5 billion increase in other outlays.
Among the major outlay increases are:
unemployment assistance ($3.6 billion),
interest on the public debt ($1.5 billion),
medicare and medicaid ($1.8 billion),
the earned income credit ($1.2 billion),
and veterans benefits ($0.9 billion).
A lower estimate of Outer Continental
Shelf receipts, which are netted against
outlays, adds another $2.0 billion to
outlays.
NIP A translations
[Billions of dollars]
1974
actual
of the Department of Defense increase
$11.7 billion, including $4.9 billion for
pay raises for military and civilian
personnel. Net interest increases $6.5
billion, and a host of other programs
combined advance $7.4 billion, including $2.3 billion for civilian agency pay
raises and $2.0 billion for environmental
protection programs.
1977
1 397
12 0
1 477
64
1 679
8.0
1,893
7.0
12.2
—2 1
6.7
—2 9
8.2
6.0
6.9
5.0
5.6
8.4
7.9
7.4
BEA has prepared estimates of
Federal receipts and expenditures on a
NIPA basis consistent with the current
services estimates and the revised unified budget estimates. On the NIPA
basis, current services receipts increase
$66.9 billion in fiscal 1977, expenditures
increase $46.1 billion, and the deficit is
$20.8 billion lower than in fiscal 1976.
A NIPA translation of the revised
1976 unified budget estimates puts
SUEVEY OF CURRENT BUSINESS
Table 4.—Federal Government Receipts and Expenditures
Cars
[Billions of dollars]
Current services estimates
Fiscal years
1976
Unified budget, fiscal 1976
Change
1977
May 1975
estimate
November
1975
estimate
Revision
Unified budget:
Receipts
Outlays
-
-
Surplus or deficit (— )
303.6
368.5
372.6
414.5
69.0
46.0
299.0
358.9
299.0
366.6
0.0
7.7
-64.9
-41.9
23.0
-59.9
-67.6
-7.7
312.5
379.4
66.9
312.1
309.0
-3.1
136.7
51.6
25.8
98.4
172.7
65.4
27.2
114.1
36.0
13.8
1.4
15.7
127.0
37.8
50.7
96.8
132.8
51.9
25.8
98.5
5.8
14.1
-24.9
1.7
National income and product account basis:
Receipts
Personal tax and nontax payments..
Corporate profits tax accruals
Indirect business tax and nontax accruals. ..
Contributions for social insurance
379.4
425.5
46.1
371.4
376.2
4.8
Purchases of goods and services
National defense
Other
_
133.7
87.3
46.4
148.5
98.2
50.3
14.8
10.9
3.9
136.9
90.9
46.0
133.2
86.9
46.3
-3.7
-4.0
.3
Transfer payments
To persons
To foreigners (net)
161.0
157.5
3.5
179.2
175.7
3.5
18.2
18.2
0
152.9
149.4
3.5
159.3
155.8
3.5
6.4
6.4
0
Grants-in-aid to State and local governments.
56.3
64.2
7.9
54.3
55.3
1.0
Net interest paid
24.4
29.9
5.5
23.2
24.4
1.2
4.0
3.7
-.3
4.1
4.0
-.1
Expenditures
Subsidies less current surplus of government enterprises
. .
Less: Wage accruals less disbursements
Surplus or deficit (— )
0
0
0
0
0
0
-66.9
-46.1
20.8
-59.3
-67.2
-7.9
Source: U.S. Department of C9mmerce, Bureau of Economic Analysis; Office of Management and Budget; and Treasury
Department, Office of Tax Analysis.
receipts $3.1 billion lower, expenditures
$4.8 billion higher, and the deficit $7.9
billion higher than the May estimate.
The largest upward revision in receipts
is in corporate taxes ($14.1 billion),
followed by personal taxes ($5.8 billion),
and contributions for social insurance
($1.7 billion). The increases are more
than offset by a $24.9 billion downward
revision in indirect business taxes, the
result of the deletion of the energy
program assumed in the May estimates.
November 1975
The major upward revisions in expenditures are in transfer payments to
persons ($6.4 billion)—mainly due to
higher unemployment and medicare
benefits; net interest paid ($1.2 billion);
and grants-in-aid ($1.0 billion)—mainly
for highways and child nutrition programs. National defense purchases are
down $4.0 billion, mainly because of
congressional reductions in authorizations and appropriations. Other NIP A
categories show only minor changes.
New cars.—Retail sales of new domestic and imported cars increased 15
percent in the third quarter of 1975.
This increase reversed a downtrend
that began from a peak sales level of
12.4 million units (seasonally adjusted
annual rate) in early 1973 and that was
interrupted only by the effects of the
"borrowing" of sales in the third quarter of 1974 (chart 1). Gasoline shortages
and gasoline price increases, rising car
prices, dealer incentive and price rebate
programs, and mandatory pollution
control and safety equipment affected
CHART 1
New Car Sales: Domestics by
Size Class and Imports
Million units
(Ratio scale)
20
DOMESTICS AND IMPORTSJOTAL
15
10
DOMESTICS _
\
' Medium
Long
v
Short
IMPORTS
I
J_
1971
72
I
_L
73
74
75
Seasonally Adjusted at Annual Rates
Vehicles: Recent Developments and Treatment in the
GNP Accounts
Data: Motor Vehicle Manufacturers
Association of the United States, Inc.;
seasonal adjustment by the Bureau of
Economic Analysis.
Note.—The classification of domestic cars by wheelbase length is
necessarily approximate and sales by wheelbase length had to be estimated
because actual sales data are not available on that basis. The most detailed
In the third quarter, unit sales of national income and product accounts
new vehicles—both cars and trucks— (NIPA's). Refinements that are part of
increased after more than 2 years of the upcoming benchmark revisions of
weakness. These unit sales are the the NIPA's will make it possible to
major statistical ingredients in es- obtain a better picture of the expenditimating the vehicle components of the ture counterparts of unit vehicle sales.
published breakdown of sales is by nameplateJCars were classified by
the minimum wheelbase length for each nameplate. Those with a
wheelbase of less than 112 inches were classified as "short"; those of
112 to 120 inches as "medium"; and those of more than 120 inches as
"long". The components do not add to the total because each component
was separately adjusted for seasonal variation.
U.S. Department of Commerce, Bureau of Economic Analysis
75-n-i
SURVEY OF CURRENT BUSINESS
November 1975
unit sales to varying degrees at different length car sales remained a fairly the decline in the share of long cars
points in this period. The improvement stable share of domestic car sales in offset each other.
in the third quarter, to 9.1 million units, those years. The third and fourth
Sales of imports also peaked in early
was largely due to the improving eco- quarters of 1974 are of particular 1973. They slowed thereafter to a low
interest. As will be recalled, sales in the second quarter of 1974. A sharp
nomic situation.
In order to analyze developments increased in the third quarter as though irregular upturn began late
more closely, a classification of unit buyers made anticipatory purchases to that year, a major factor in which was the
sales of domestic cars by weight was avoid previously announced price in- greater fuel economy of imports as
used in previous issues of the SURVEY creases and pollution control and safety compared with domestic cars. Although
OF CURRENT BUSINESS, most recently equipment on 1975 cars; a large part the 1973 peak had not been regained
in the February 1975 issue. Since that of these purchases was "borrowed" by the third quarter of 1975, the 19
time, increasing concera about fuel from the fourth quarter, in which there percent share of imports in total car
economy has led to weight reductions was a sharp sales decline. As can be sales recorded in that quarter was
in many models of cars. As a conse- seen from the chart, these compensating extraordinarily high compared with
quence, existing relationships between movements
are concentrated
in the 15 percent in 1973.
weight and other characteristics of cars medium-length cars. No conclusive
Used cars.—Used car sales by
were altered, and the classification by explanation for this concentration sug- franchised dealers fell nearly 30 percent
weight became less serviceable. For- gests itself; however, it is possible that from 9.8 million units early in 1973 to
tunately, an alternative classification very price-conscious buyers, e.g., busi- 7.0 million units in the fourth quarter of
based on length of wheelbase is avail- ness fleet operators, make up a large 1974, paralleling the course of new
able and it is used in this article. (For part of the market for this type of car. car sales over the same period.
the derivation of the wheelbase length So far in 1975, medium-length cars, in
Recent developments in the used car
classification, see the note to chart 1.)
contrast with other categories, showed market are difficult to interpret. AlSales of long cars declined fairly little strength; their sales moved even though seasonal adjustment and other
continuously for 2 years from a peak lower in the third quarter.
problems in the price data make
in the first quarter of 1973. The Sales of short cars were maintained quantitative comparisons impossible, it
sharpest decline was in the first year, better than those of the two other is clear that since the beginning of 1975
and, inasmuch as that year included categories during the 2% year down- used car prices rose much faster than
quarters prior to the gasoline shortages, trend. Price rebate programs, which new car prices. This was due to the
gasoline price increases, and substantial mainly affected short cars, helped sales changes in the demand and supply of
car price increases, reflected other in the first quarter of 1975, but even used cars. The better fuel economy of
factors as well. Long cars declined also at their lowest point in the second
older cars, which do not have emission
in terms of their relative share of quarter, from which some sales had
domestic car sales. Actually, this de- probably been borrowed, sales were only controls, resistance to some safety
cline began prior to the period under 28 percent below their previous peak devices on new cars, and a tendency
review. By the first quarter of 1973, compared with more than 50 percent to hold on to old cars due to depressed
long cars had declined to 41.9 percent, for the other two categories combined. economic conditions were important
and slid further to 26.3 percent in the Furthermore, third-quarter sales sur- factors in these changes.
first quarter of 1975, before recovering passed that peak. Over the period
Trucks
some ground in the second and third under review, the relative shares of short
Sales of trucks also trended down
(table 5).
cars rose. In summary, the picture in
Sales of medium-length cars followed terms of relative share is as follows: after the first quarter of 1973 (chart 2).
a course parallel to the total in 1973 Medium-length cars were stable, and Through the third quarter of 1974, the
and 1974. Consequently, medium- the rise in the share of short cars and decline was moderate, but thereafter
Table 5.—Shares of Sales of Domestic Cars by Size Class
[Percent]
1971
1972
1973
1974
I
II
1975
1974
1973
III
IV
I
II
III
IV
I
II
III
Seasonally adjusted
Short
27.2
27.3
32.2
37.2
28.5
32.3
31.3
36.9
40.4
38.1
31.7
38.2
45.4
37.7
46.8
Medium
28.6
27.9
29.4
32.4
29.5
28.3
31.5
28.3
28.9
30.7
39.0
30.8
28.2
32.2
24.4
Long
44.2
44.8
38.4
30.4
41.9
39.5
37.3
34.8
30.7
31.2
29.3
31.0
26.3
30.1
28.8
See note to chart 1.
SUEVEY OF CUEEENT BUSINESS
sales fell sharply to 2 million units in
the first quarter of 1975. In the second
and third quarters, sales recovered to
2% million units, but remained substantially below their prior peak of over
3 million units. These sales consist of
domestic retail sales of new trucks,
including imports of U.S. manufacturers. Other imports, which accounted
for less than 5 percent of total sales in
each of the last 4 years, are not included.
For trucks, a classification by weight
continues to reveal significant patterns.
(The derivation of the weight classes
is described in the note to chart 2.)
CHART 2
New Truck Sales by Weight Class
Thousand units
400
(Ratio scale)
300
200
100
80
60
40
30
20
Medium-duty
i i i
i
72
73
74
75
Seasonally Adjusted at Annual Rates
J_
1971
Data: Motor Vehicle Manufacturers
Association of the United States, Inc.;
seasonal adjustment by the Bureau of
Economic Analysis.
Note.— Retail sales of new trucks in the United States,
including imports of U.S. manufacturers, are classified by gross vehicle
weight as follows: light-duty—less than 10,000 pounds; medium-duty—
10,000 to 19,500 pounds; heavy-duty—over 19,500 pounds. Gross vehicle
weight (G.V.W.) is the manufacturers' rating that includes cargo weight,
the weight of the truck chassis, and the weight of the body mounted on the
chassis. (However, for a truck designed to pull a truck trailer, the G.V.W.
includes only the weight of the tractor.) The components do not add to the
total because each weight class was separately adjusted for seasonal,
variation.
U.S. Department of Commerce, Bureau of Economic Analysis
75-11-2
November 1975
Light-duty trucks, principally pickups been greatly affected by the rise in
and light vans, comprise approximately gasoline prices and the recession.
Sales of heavy-duty trucks, consisting
85 percent of total truck sales. Many
of them are purchased for personal use, largely of diesel tractors designed to
as indicated by the frequent selection pull trailers, turned up in the third
of options such as automatic trans- quarter, the first significant increase in
mission, power steering and disc brakes, 2K years. Heavy-duty truck sales were
wheel covers, air conditioning, and stable to weak in 1973 and early 1974,
exterior trim packages. The Census and then plummeted through the second
Bureau's 1972 Truck Inventory and quarter of 1975. Despite the thirdUse Survey showed personal transpor- quarter increase, sales remain substantation as the principal use for over 50 tially below the 1973 peak, and invenpercent of light-duty trucks.
tories, which had accumulated over the
Sales of these trucks peaked in the decline, remain at high levels. The
first quarter of 1973, remained almost preponderant share of sales in this
flat for the rest of that year and into category is to business, and accordingly
1974, and declined sharply at yearend. these sales reflect the general weakness
Sales steadied in the first quarter of of business investment. Also, these
1975, when cash rebates were offered sales continue to be adversely affected
on some models, and recovered rapidly by increased costs necessary to meet
in the next two quarters. Third- stricter Federal regulations regarding
quarter sales were only 20 percent braking standards and noise abatement.
below their early 1973 peak. This Federal Motor Vehicle Standard 121,
compares favorably with the sales effective in March of this year, set
performance of cars and heavy-duty maximum stopping distances for air
trucks, which in the third quarter brakes and required installation of
were, respectively, 30 and 36 percent expensive sensor braking equipment.
below their 1973 peaks.
In October, Environmental Protection
So far, the 1975 recovery in light- Agency standards setting maximum
duty trucks was concentrated at the acceptable in-cab noise levels went into
upper end of their weight scale, i.e., effect, and regulations limiting outside
in the 6,000 to 10,000 pound category, noise levels are impending. On the other
leading to record sales in that category. hand, high and rising gasoline prices
Federal Government emission stand- may encourage a shift toward larger
ards for these trucks are less strict than trucks to reduce the frequency of trips.
standards for lighter weight trucks,
and this may have encouraged manu- Expenditures on autos and trucks
facturers to increase truck weight and
Unit sales of new cars and trucks as
purchasers to buy heavier trucks.
referred
to earlier are the major statisSimultaneously, at the lower end of the
tical
ingredients
of their respective
weight scale, purchasers appear to be
expenditure
components
of GNP. In
shifting to lighter weight trucks. This
the
case
of
cars,
total
new
unit
sales are
is evidenced by the increasing share
multiplied
by
an
estimate
of
average
taken by foreign-made mini-pickups,
actual
price
(i.e.,
the
list
price
adjusted
which weigh less than 4,000 pounds.
Foreign-make competition will prob- for overvaluation of trade-ins and for
ably remain strong, as indicated by other dealer discounts) to obtain exthe opening by a foreign manufacturer penditures on new autos. From this
estimate, government purchases are
of a California plant to produce bodies
for mini-pickups; this is the first subtracted and to this estimate are
foreign auto manufacturer to establish added used autos, as measured by the
margins on their sales and the negative
a U.S. production facility.
Medium-duty truck sales dropped of the change in dealers' inventories of
used autos. (The latter item has no
precipitously in late 1973 and remained
effect on GNP, because it is canceled
at very low levels through the third
by
the used auto inventory change in
quarter of 1975. This weight class is
dominated by sales of motorized single- the change in business inventories
unit recreational vehicles, which have component.) The resulting expenditure
November 1975
SUEVEY OF CUEEENT BUSINESS
total is allocated to personal consump- hensive and up-to-date information.
tion expenditures (PCE) and producers' The 85-15 percent allocation, used
durable equipment (PDE) on the basis since the prior benchmark, was based
of fixed percentages, as discussed later. on surveys conducted in 1957 and
The "automobiles and parts'7 com- 1958. For the upcoming benchmark,
ponent of PCE, which appears in the a procedure has been developed that
regular NIP A tables (table 12), con- incorporates current information on
sists of the PCE share of auto expendi- actual new purchases by consumers
tures, expenditures on accessories and and by business. In addition, the
parts, 90 percent of expenditures on procedure takes separate account of
mobile homes, and expenditures on autos that are being used jointly for
nonmotorized recreational vehicles. The business and personal purposes. Furauto component of PDE consists of the ther, for the first time, full account is
business share of autos and the remain- taken of the transfer of used autos
between the business and the personal
ing portion of mobile homes.
One feature of the upcoming bench- sectors. These new procedures are
mark revisions is the shift in the classi- based on data on registrations, retenfication of mobile homes. This change is tion rates, and depreciation schedules.
On the basis of the new allocation
being made because mobile homes have
become more distinguishable from rec- procedures, the PCE share of exreational vehicles and, in recent years, penditures on new autos plus net used
increasingly important as permanent autos is, on average, slightly smaller
residences. Expenditures on mobile than the 85 percent assumed since the
homes will henceforth be counted as prior benchmark. The new procedures
part of residential structures rather raised the PCE allocation of used
than PCE and PDE. This definitional autos, but this was more than offset by
change was described in greater detail a reduced allocation of new autos.
in the July 1972 SURVEY OF CURRENT
In the case of trucks, the procedure
BUSINESS.
for obtaining expenditures is similar to
Another change is that private auto that for autos, that is, an expenditure
expenditures will no longer be allocated estimate is obtained as the product of
to PCE and PDE on the basis of fixed dealers' unit sales and an estimated
percentages. This allocation has long average price. To this product are
been recognized as a problem, and in added estimates of imports that do not
successive benchmarks, attempts have go through dealers, and domestic shipbeen made to base it on more compre- ments of truck trailers. The resulting
total, plus expenditures on buses—
which are small—and the PDE share
of autos, has been shown separately as
a component of PDE in the recent
reviews of the GNP that appeared in
the SURVEY OF CURRENT BUSINESS.
For the benchmark revisions, the fact
that consumers purchase trucks, which
was discussed earlier, has been taken
into account. On the basis of data from
the Census of Transportation, information from truck manufacturers, and
registration data, it has been possible
to estimate the percentage of new units
purchased by consumers. Also, account
is taken of the net transfer of used
trucks from the business to the consumer sector.
On the basis of the new procedures,
the PCE share of expenditures on trucks
was 25 percent in 1973 and 23 percent
in 1974. These percentages differ from
the consumer share of unit sales of
new trucks, which was 44 percent and
40% percent in those years. The major
factor explaining the difference is that
most consumer purchases are of light
trucks, which have relatively low unit
prices. In addition, the expenditures
share reflects the net transfer of used
trucks to the consumer sector. Because
of the shift of some truck expenditures
to PCE, the new series on trucks in
PDE is smaller than had previously
been shown, but the recent quarterly
pattern is little changed.
SURVEY OF CURRENT BUSINESS
8
November 1975
NATIONAL INCOME AND PRODUCT TABLES
1974
1973
1974
II
1975
IV
III
I
II
1974
III
1973
1974
II
III
Seasonally adjusted at annual rates
1975
IV
I
II
III
Seasonally adjusted at annual rates
Billions of current dollars
Billions of 1958 dollars
Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
1 294 9 1, 397. 4 1, 383. 8 1,416.3 1, 430. 9 1,416.6 1,440.9 1, 503. 6
Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential structures
Nonfann
Farm
Change in business inventories..
Nonfarm
..
Farm
Net exports of goods and services .
Exports
Imports
Government purchases of goods and services
Federal
National defense
Other
State and local .
.
839.2
821.2
827 1
823 1
804 0
780 0
783 6
808 3
805 2
876.7
869 1
901.3
895.8
913.2
938.6
968 8
552.1
539.5
542 7
547 2
528 2
531 5
539 7
548 6
130 3
338.0
336 9
127.5
380.2
369.0
129 5
375.8
363 8
136.1
389.0
376 2
120.7
391.7
383.5
124.9
398.8
389.5
130.6
410.1
397.9
138 6
422.7
407 5
113.6
228.6
209 9
103.1
223.7
212.6
106 8
223.6
212 2
107 8
225.8
213 7
92 8
221.4
214 1
95 2
222 5
213 7
97 9
226 4
215 5
103 2
228 1
217 3
209.4
209.4
211.8
205.8
209.4
163.1
148.1
179.1
138.1
126.7
130.3
122.7
120.5
89.3
80.7
97.5
194.0
195.2
198.3
197.1
191.6
182.2
179.1
184.6
127.3
118.0
122.2
117.7
109.6
101.0
97.8
99 8
136.8
47 0
89.8
57 2
56.7
5
149.2
52.0
97.1
46.0
45.2
.7
149.4
52 2
97.2
48 8
48 0
g
150.9
51.0
99.9
46.2
45.4
.8
151.2
53.7
97.5
40.4
39.7
.7
146.9
52.8
94.2
35.3
34.8
.5
142.7
49.1
93.6
36.4
35.6
.8
143.6
49.6
94.0
41.0
40.0
1.0
94.4
25.4
69.0
32.9
32.6
.3
94.0
26.2
67.8
24.0
23.6
.4
96.5
26 6
69.9
25 7
25.3
4
94.1
25.4
68.7
23.6
23.1
.4
89.2
26.1
63.1
20.4
20.1
.4
83.8
25 2
58.6
17 3
17.0
.2
80.3
23 5
56.8
17.5
17.1
4
80 4
23 6
56 8
19 4
19 0
5
15.4
11.4
40
14.2
11.9
2.3
13.5
10 4
31
8.7
6.6
2.1
17.8
17.5
.3
-19.2
-17.8
—1.4
-31.0
-30.6
—.4
-5.5
-7.2
18
10.8
8.9
18
8.7
7.4
1.2
8.2
6.4
18
5.0
3.9
1.1
10.9
10.7
.2
-11.7
—10.9
— 8
-17.1
— 16.8
— 2
-2.3
—3 2
9
3.9
2.1
-1.5
-3.1
1.9
8.8
16.2
12.2
4.6
9.0
8.2
7.3
9.1
11.6
14.0
12.1
100.4
96 4
140.2
138.1
138.5
140 0
143.6
146.7
147.5
145.7
142.2
133.4
136.0
119.8
142.0
129.8
66.6
62.0
71.9
62.9
73.4
65.1
70.9
63.6
69.9
60.9
66.5
54.9
63.3
49.4
66.1
54 0
276.4
309.2
304.4
312.3
323.8
331.6
338.1
343.5
144.4
146.0
145.8
145.9
146.3
147.7
149.2
150.1
106 6
74.4
32 2
169.8
116.9
78.7
38.2
192.3
114 3
76.6
37 7
190 1
117.2
78.4
38.8
195.1
124.5
84.0
40.6
199.3
126.5
84.7
41.8
205.1
128.4
84.8
43.6
209.7
130.5
86.1
44.4
213.0
57.3
56.5
56.3
56.5
57.0
57.4
58.3
58.9
87.0
89.5
89.5
89.4
89.3
90.2
90.9
91.2
Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
839.2
821.2
827.1
823.1
804.0
780.0
783.6
808.3
1 279 6 1 383 2 1 370 3 1 407 6 1 413 1 1 435 8 1 471.9 1 509 1 828.4
14.2
17.8 —19.2 -31.0
—5.5
10.8
8.7
15 4
13 5
812.5
8.7
818.9
8.2
818.1
5.0
793.1
10.9
791.8
-11.7
800.7
-17.1
810.6
-2.3
1,294.9 1, 397. 4 1,383.8 1,416.3 1, 430. 9 1,416.6 1,440.9 1, 503. 6
Gross national product
Final sales
Change in business inventories
622 7
670.3
664 9
681.7
682.6
667 0
680.5
724.5
459.1
442.8
448.9
446.0
427.1
408.3
411.1
431.1
607 3
15.4
656.1
14.2
651 3
13 5
673.0
8.7
664.8
17.8
686.1
-19.2
711.5
-31.0
730.0
-5.5
448.3
10.8
434.1
8.7
440.8
8.2
441.0
5.0
416.3
10.9
420.1
-11.7
428.2
-17.1
433.4
-2.3
Durable goods
Final sales
Change in business inventories .. .
250.3
240 9
9.4
256.9
249.2
7.7
246.6
248 5
—1 8
265.5
259.8
5.7
264.5
246.2
18.3
239.5
252.9
-13.4
247.0
261.7
-14.7
259.5
268.7
-9.2
206.0
198.5
7.5
195.9
191.0
4.9
195.4
196.6
-1.2
200.2
196.6
3.6
188.0
176.7
11.3
167.5
176.1
-8.6
169.7
177.8
-8.1
177.9
182.3
-4.4
Non durable goods
Final sales
Change in business inventories
372.4
366 5
60
413.4
406.9
6.5
418 2
402 9
15 4
416.2
413.2
3.0
418.1
418.6
-.5
427.5
433.2
-5.7
433.5
449.8
— 16.3
465.0
461.3
3.7
253.1
249.9
3.3
246.9
243.1
3.8
253.6
244.2
9.4
245.8
244.4
1.4
239.2
239.6
-.4
240.8
244.0
-3.2
241.4
250.3
-9.0
253.2
251.1
2.1
Services.
534 4
590.3
579 2
597.8
614.5
620.9
635.3
648.8
304.5
310.9
308.3
310.7
313.7
312.2
315.0
317.6
Structures
137.8
136.8
139 7
136.7
133.9
128.8
125.2
130.3
75.5
67.5
69.8
66.4
63.2
59.5
57.5
59.6
808.3
Goods output
Final sales
Change in business inventories ..
Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national product
1,294.9 1,397.4 1,383.8
Gross domestic product
Business
Nonfarm
Farm
1,286.5 1,385.6 1,374.1 1,405.2 1,418.9
,
Households and institutions
Q eneral government
Federal
State and local
Rest of the world
Addendum: Gross private product.
1,416.31,430.9
416.6 1,440.9 1,503.6
409.4 1,432.6 1,494.7
1,096.8 1,177. 8 1,168.8 1,195.7 1,203.6 1,189.2 1, 207.8 1, 266.0
1,040.3 1,124.1 1,117.8 1,144.4 1,151.5 1,142.9 1,159.9 1,210.1
52.1
51.3
56.5
53.8
46.3
47.9
51.1
55.9
41.3
47.0
46.5
48.0
48.8
50.0
148.5
52.8
95.7
160.8
55.7
105.1
158.8
55.0
103.9
161.6
55.3
106.3
166.5
57.9
108.7
170.2
58.1
112.2
8.4
11.9
9.7
11.1
12.0
7.2
51.1
173.7
58.2
115.6
52.3
176.4
58.5
117.9
1,146.5 1,236.6 1,225.0 1,254.7 1,264.4 1,246.4 1,267.2 1,327.2
821.2
827.1
823.1
804.0
780.0
783.6
816.9
824.1
819.8
800.0
777.7
780.8
805.2
753.1
725.8
27.4
733.8
706.3
27.5
741.4
712.7
28.7
736.6
708.0
28.6
716.5
690.8
25.7
666.0
27.5
696.0
669.6
26.5
720.0
691.2
28.8
18.5
18.9
18.9
18.8
18.9
19.1
19.1
64.8
21.0
43.7
65.2
21.0
44.3
65.7
20.9
44.8
66.0
20.9
45.2
839.2
833.9
18. 8
62.3
21.3
41.0
64.1
21.1
43.0
63.9
21.1
42.8
64.2
21.0
43.2
5.2
4.3
3.0
3.3
4.0
2.3
2.8
3.1
758.8
739.2
714.8
718.0
742.3
776.9
757.1
763.2
SURVEY OF CURRENT BUSINESS
November 1975
1974
1973
II
1974
III
1974
1975
IV
I
II
1973
III *
1974
Seasonally adjusted at annual rates
1,294.9 1,397.4 1,383.8 1,416.3 1,430.9 1,416.6 1,440.9 1,503.6
Gross national product
Less: Capital consumption
110.8 119.5 118.6 120.7 122.9 125.2 127.4 130.0
allowances
Equals: Net national product.. 1,184.1 1,278.0 1,265.2 1,295.6 1,308.1 1,291.5 1,313.5 1,373.7
.6
126.9
5.2
.4
125.9
5.2
.3
129.5
5.3
3.0
129.8
5.3
4.8
-2.9
-3.7
-2.4
-2.7
132.2
5.4
1.6
135.4
5.5
—4.4
139. 6
5.5
.2
-1.6
—1.6
1.3
1,065.6 1,142.5 1, 130. 2 1,155.5 1,165.4 1,150.7 1,175.4 1,227.0
Equals: National income
Less: Corporate profits & IV A,
Contributions for social inWage accruals less disbursements
Plus: Government transfer
payments to persons
Interest paid by government
(net) and by consumers
Dividends
Business transfer payments..
105.1
105.6
105.6
105.8
103.4
94.3
104.9
122.5
91.2
101.5
100.8
103.0
103.2
104.6
105.4
107 7
-.5
-.6
-1.5
.0
.0
.0
.0
170.9
172. 6
45.0
34.0
5.5
45.8
34 5
5.5
-.1
113.0
134.6
130.6
138.7
145.8
158.7
38.3
29.6
4.9
42.3
32.7
5.2
41.9
32.5
5.2
42.7
33.2
5.3
43.6
33.3
5.3
43.7
33.8
5.4
1,055.0 1,150.5 1,134.6 1,168.2 1,186.9 1,193.4 1, 220. 5 1 255 2
Equals: Personal income
Table 5.— Gross Auto Product (1.15, 1.16)
Gross auto product l
Personal consumption expenditures .
Producers' durable equipment.
Change in dealers' auto inventories
Net exports
Exports
ImportsAddenda:
New cars, domestic *
New cars, foreign
Personal consumption expenditures ..
Producers' durable equipment.
Change in dealers' auto inventories
Net exports
Exports
Imports
Addenda:
New cars, domestic *
New cars, foreign
49.9
40.8
38.6
48.3
42.8
34.1
44.0
51.4
43.4
7.7
37.5
6.6
38.0
6.7
43.6
7.7
32.6
5.7
35.3
6.2
37.1
6.5
4
1.1
-2.7
3.8
6.5
-.9
-2.9
4.7
7.6
-2.9
-3.6
4.2
7.7
-.3
-3.2
5.0
8.2
5.4
-1.4
5.4
6.8
-6.3
-1.6
4.7
6.3
1.0
—1.0
5.2
6.3
43.1
10.0
35.3
9.9
34.9
8.3
41.6
11.3
36.7
9.8
27.6
10.0
36.1
10.9
43.0
7 5
3.4
-2.3
6.0
8.3
13. 0
44.2
33.6
32.6
38.9
33.6
26.7
33.7
39. 2
38.3
6.8
31.0
5.5
32.1
5.7
35.2
6.3
25.4
4.5
27.8
4.9
28.3
5.0
32.1
1.1
-2.4
3.4
5.7
-.9
-2.5
3.9
6.3
-2.7
-3.0
3.6
6.6
-.3
-2.6
4.1
6.7
4.5
-1. 1
4.2
5.3
-5.2
-1.2
3.7
4.9
.8
—.8
4.0
4.8
2. 8
—1.7
4 5
63
39.3
9.2
30.3
8.6
30.7
7.4
34.9
9.6
29.9
8.1
22.4
8.3
28.7
8.7
10 4
5. 7
Table 6.— Inventories and Final Sales of the Business Sect or in
Constant Dollars
-nm,/inco^ii
Billions of 1958 dollars
Inventories3
-- 217. 4
5
Nonfarm
187 9
Manufacturing
96' 4
Durable goods
en' 5
Nondurable goods.
qfi'
Wholesale trade
29 8
8
Durable goods
14' 3
Nondurable goods.
i e' 5
Retail trade
i?' 2
Durable goods
?g 6
Nondurable goods.
oc* 6
All other. .
fa 5
Final sales, total
740 4
Nonfarm...
71R* 8
Inventory-final sales ratios, total. 293
Nonfarm...
9fl 2
228.1
31. 2
196. 9
101. 5
63. 6
37. 9
31. 5
15. 3
16. 2
47. 0
20. 2
26. 8
17. 0
228.4
31. 3
197. 1
101. 5
63. 5
38. 0
31. 8
15. 2
16. 6
46. 9
19. 6
27. 2
17. 0
Wages and salaries
Private
Military
Government civilian
.-_
Supplements to wages and
salaries
Employer contributions for
social insurance
Other labor income _
Proprietors income
Business and professional
Farm
Rental income of persons
Corporate profits and inventory
valuation adjustment
Profits before tax
Profits tax liability
Profits after tax .
Dividends
_
Net interest...
725.2
698. 9
III *
All industries, total
Agriculture, forestry, and fisheries
Mining and construction
Manufacturing
Nondurable goods
Durable goods
Communication...
Electric, gas, and sanitary services
Wholesale and retail trade .
Finance, insurance, and real estate.
. ..
Services
Government and government
enterprises
Rest of the world
224.6
31.6
193. 0
100. 4
63.0
37.4
30.0
14 7
15. 3
45 7
19
-*
26. 5
16. 9
733.2 731.6
706. 3 704.1
705.6
680.1
705.3
676.9
713.1
686.4
694^5
.315 .312 .314
. 282 . 279 .281
.329
.295
.325
.293
.316
.282
.311
.278
855.8
848.3 868.2
877.7 875.6
885 4
906.6
691.6
750.7
744.6 761.5
769.2 765.1
773.0
791.4
545.1
20.6
126.0
592.4
21.2
137.1
588.3 602.5
20.9 20.8
135.4 138.2
605.1 597 4
22.0 22.0
142.1 145.7
601.9
21.9
149.2
617.5
21.9
152.0
94.4
105.1
103.7 106.7
108.6 110.5
48.4
46.0
53.6
51.4
53.2
50.5
96.1
93.0
89.9
92.1
57.6
38.5
61.2
31.8
60.7
29.1
62.3
29.8
26.1
26.5
26.3
26.6
105.1
105.6
122.7
140.7
49.8
72.9
29.6
43.3
55.7
85.0
32.7
52.4
112.4
115.2
55.2
55.3
55.7
56.7
57.0
58.2
91.6
84.9
86.1
94.6
62.5
29.1
62.7
22.2
63.4
22.7
64.7
29.9
26.8
27.0
27.1
27.4
105.6 105.8
103.4
94.3
104.9
122.5
139.0 157.0
131.5 101.2
113.3
134.1
39.0
62.3
33.8
28.5
43.0
70.3
34.0
36.3
51.9
82.2
34.5
47.7
54.5
52.3
54.6
54.0
55.9
83.1
32.5
50.5
62.7
94.3
33.2
61.1
17 6 -35.1
33 4
51 2
28 1
70
-8.4
11 7
52.3
60.1
62.8
65.9
68.9
71.9
75.9
61.6
52.0
79.5
33.3
46.2
1,065.6 1,142.5 1,130.2 1,155.5 1,165.4 1,150.7 1,175.4 1,227.0
50.6
66.5
45.6
72.0
287.2
108.9
178.3
306.1
124.0
182.1
40.4
21.1
43.4
22.6
19.1
155.9
19.4
166.2
117.8
134.6
164 1
8.4
42.7
72.1
43.7
73.2
304.2 313.2
123.1 129.0
181.1 184.2
43.6
22.2
44.4
22.6
43.7
72.2
37.6
70.3
38.8
69.0
310.2 294.2
125.2 120.3
184.9 173.9
303.1
125.4
177.8
41.8
23.0
42.5
24.4
19.1 19.7
167.0 167.6
20.3 22.0
168.9 172.8
21.8
176.9
127.3
150.1
125.8 128.3
148.4 152.7
131.0 133.5
155.6 159.5
135.5
162.6
177 9
11.9
175 5 178 9
9.7 11.1
184 4 188 6
7.2
12.0
192 5
8.3
43.3
23.8
Table 9. — Corporate Profits (Before Tax) and Inventory Valuation
Adjustment by Broad Industry Groups (6.12)
All industries, total
Federal Reserve Banks
financial institutions _.
225.2
31.4
193.8
101.4
64.2
37.2
30.3
15.2
15.1
45.1
18.4
26.6
17.0
786.0
Table 8.— National Income by Industry Division (1.11)
other
232.4 229.4
31.6 31.4
200.7 198.0
103.7 103.4
65.1
64.9
38.8 38.3
32.1 31.5
15.9
15.7
16.2
15.8
47.6
45.9
20.9
18.9
26.6 27.0
17.3
17.2
229.7
31.6
198.1
102.4
64.0
38.4
31.8
15.4
16.3
46.7
19.6
27.1
17.2
II
1,065.6 1,142.5 1,130.2 1,155.5 1,165.4 1,150.7 1, 175. 4 1,227.0
Compensation of employees .
Tran snnrt.at.i on
Gross auto product
I
Table 7.—-National Income by Type of Income (1.10)
Inventory valuation adjust-
Billions of 1958 dollars
1
IV
Billions of dollars
Table 4.—Relation of Gross National Product, National Income,
119.2
4.9
-5.0
III
Seasonally adjusted at annual rates
Billions of dollars
Less: Indirect business tax and
nontax liabilitv
Business transfer payments ..
Statistical discrepancy
Plus: Subsidies less current
surplus of government enterprises
II
1975
Non financial corporations
Manufacturing
Nondurable goods
Durable goods
Transportation, communication, and public utilities
All other industries—
105.1
105.6
103.4
94.3
104.9
122.5
19.6
4.5
15.1
20.8
5.7
15.0
20.7
5.7
15.0
20.7
6.0
14.7
20.9
6.0
14.9
20.7
5.7
15.0
20.8
5.7
15.1
20.1
5.4
14.6
85.5
47.6
21.5
26.1
84.9
47.0
30.0
17.0
84.9
46.8
29.7
17.1
8S.1
48.6
33.3
15.3
82.5
46.3
30.1
16.2
73.6
41.1
27.3
13.8
84.1
48.3
30.4
18.0
9.2
28.7
7.8
30.1
8.0
30.1
8.6
28.0
7.5
28.7
6.8
25.7
8.1
27.8
105.6 105.8
102.4
1. The gross auto product total includes government purchases.
2. Differs from the gross auto product total by the markup on both used cars and foreign
cars.
3. Quarterly inventories are end of quarter; annual inventories are average of fourth quarter
Of prior year and f our quarters of current year.
*Third quarter corporate pro its (and related components and totals) are preliminary and
subject to revision next month.
SURVEY OF CURRENT BUSINESS
10
1975
1974
1973
1974
II
November 1975
IV
III
I
II
1974
III *
1973
1974
Seasonally adjusted at annual rates
Gross corporate product
Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies
Income originating in corporate business
Compensation of employees...
Wages and salaries
Supplements
Net interest.
l
70.5
69.8
71.9
Gross product originating in
non financial corporations
Capital consumption allowances . .
Indirect business taxes plus transfer
payments less subsidies.
Income originating in nonfinancial
corporations
.
Compensation of employees
Wages and salaries
Supplements
Net interest
734
76.1
79.2
583.1 623.0 621.1 633.3 632.4 620.3 634.1 665.8
482. 5 524.1 520.2 533.1 535.4 527.3 531.3 545.5
416.6 451.0 448.0 458.8 460.0 451.0 453.9 466.1
65.9 73.1 72.2 74.3 75.4 76.3 77.4 79.4
2.8 3.2 3.2 3.2 3.3 3.3 3.4 3.5
Corporate profits and inventory
valuation adjustment _ .
97.8 95.8 97.7 97.1 93.8
Profits before tax
115.4 130.8 131.0 148.2 121.8
Profits tax liability
49.8 55.7 55.9 62.7 52.0
Profits after tax. _
65.6 75.1 75.1 85.5 69.9
Dividends
25.9 33.4 35.2 36.1 32.3
Undistributed profits _.
39.6 41.8 39.9 49.4 37.6
Inventory valuation adjustment... -17.6 -35.1 -33.4 -51.2 -28.1
Cash flow gross of dividends
136.8 151.8 150.9 163.0 149.2
Cash flow, net of dividends
110.8 118.4 115.6 126.9 116.9
Gross product originating in
financial institutions
36.5 39.0 38.7 39.2 39.7
89.7 99.4 116.8
96.6 107.7 128.5
39.0 43.0 51.9
57.6 64.8 76.6
31.2 30.9 31.4
26.5 33.9 45.2
—7.0 -8.4 -11.7
138.8 147.8 161.8
107.6 116.9 130.4
40.1
40.2
39.6
684.3 731.1 727.9 743.5 743.9 734.8 753.0 790.6
68.1 73.2 72.3 74.0 75.7 77.5 79.3 81.5
6o.4 67.1 66.5 68.5 68.4 69.9 72.6 75.6
552.8 590.8 589.1 601.0 599.8 587.3
454.1 492.9 489.5 501.5 503.2 494.1
392.6 424.7 422.0 432.2 432.8 423.2
61.5 68.2 67.4 69.3 70.3 70.9
20.5 22.9 22.6 23.1 23.7 24.3
Corporate profits and inventory
valuation adjustment- .
78.2 75.0 77.0 76.4 72.9 69.0
Profits before tax
95.8 110.1 110.4 127.5 101.0 75.9
Profits tax liability.
40.7 45.6 45.8 52.5 41.6 28.8
Profits after tax
55.0 64.5 64.5 75.1 59.4 47.1
Dividends
23.7 30.7 32.5 33.2 29.7 28.5
31.3 33.9 32.0 41.9 29.7 18.6
Undistributed profits
Inventory valuation adjustment- -17.6 -35.1 -33.4 -51.2 -28.1 —7.0
Cash flow, gross of dividends
123.1 137.7 136.8 149.1 135.0 124.6
Cash flow, net of dividends ....
99.4 107.0 104.3 115.9 105.3 96.1
601.1 633.5
497.7 511.6
425.8 437.8
71.9 73.9
24.8
25.2
78.6 96.7
87.0 108.4
32.9 42.2
54.1 66.2
28.3 28.7
25.8 37.5
-8.4 -11.7
133.4 147.7
105.2 119.0
616.4 503.7 507.9 505.2 491.8 473.8 481.2 500.4
Dollars
Current dollar cost per unit of
1958 dollar gross product
originating ain non financial
corporations
1.325
Capital consumption allowances
.132
Indirect business taxes plus transfer
payments less subsidies
.123
Compensation of employees
.879
Net interest
.040
Corporate profits and inventory valuation adjustment
Profits tax liability .
Profits after tax plus inventory valuation adjustment—
1.452 1.433 1.472
1.512 1.551 1.565 1.580
.145
.142 .146
.133
.979
.045
.131 .136
.964 .993
.045 .046
.151
.079
.149
.090
.152 .151
.090 .104
.148
.085
.146
.061
.163
.068
.193
.084
.073
.058
.061 .047
.064
.085
.095
.109
.154
.164
.165
.163
.139 .148 .151 .151
1.023 1.043 1.034 1.022
.048 .051 .051 .050
1. Excludes
gross product originating in the rest of the world.
i * A!8 IT181to the deflator for gross product of nonfinancial corporations, with the decimal
point shifted two places to the left.
3. Personal saving as a percentage of disposable personal income.
4. On February 18, 1974, the U.S. Government granted to India $2,015 million (quarterly
rate) in rupees under provisions of the Agricultural Trade Development and Adjustment
Act. Tentatively, this transaction is being treated as capital grants paid to foreigners in the
national income and product accounts but as current unilateral transfers in the balance
pi payments accounts. Accordingly, this transaction is excluded from Federal Government
transfers to foreigners and related totals shown in tables 13, 14, and 16, and is included in
the first quarter of 1974 as —$8.1 billion (annual rate) in capital grants received by the U.S.
shown in tables 13 and 16.
5. Title has been changed to include a new temporary Federal program of unemployed
who are not insured under existing programs.
*See footnote on page 9.
II
III
Personal income.
Wage and salary disbursementsCommodity-producing industries
Manufacturing
Distributive industries
Service industries
Government
1,055.0 1,150.5 1, 134. 6 1,168.2 1, 186. 9 1,193.4 1,220.5 1,255.2
691.7
251.9
196.6
165.1
128.2
146.6
751.2
745.2 763.0
270.9 270.0 276.0
211.3 210.1 215.8
178.9 177.4 181.6
142.6 140.9 144.9
158.8 156.9 160.5
51.4
50.5 52.3
769.2 765.1 773.0
273.7 262.5 262.6
214.4 204.1 205.0
183.9 183.7 185.8
147.5 151.2 153.5
164.1 167.7 171.1
791.4
271.0
212.5
189.9
156.6
173.9
Other labor income
46.0
54.0
55.3
56.7
58.2
Proprietors' income
Business and professional.
Farm
96.1
57.6
38.5
93.0
61.2
31.8
89.9
60.7
29.1
92.1
62.3
29.8
91.6
62.5
29.1
8t.9
62.7
22.2
86.1
63.4
22.7
94.6
64.7
29.9
Rental income of persons
Dividends
.
. .
Personal interest income
26.1
29.6
90.6
26.5
32.7
103.8
26.3
32.5
102.0
26.6
33.2
105.5
26.8
33.3
109.5
27.0
33.8
112.6
27.1
34.0
116.9
27.4
34.5
121.7
117.8
139.8
135.8
144.0
151.1
164.1
176.3
178.1
60.4
69.8
68.7
72.5
74.5
76.2
77.5
84.2
4.2
13.9
39.3
7.1
16.1
46.9
6.3
15.2
45.7
7.3
16.6
47.7
9.4
17.4
49.9
15.9
18.0
53.9
19.4
18.1
61 3
18.8
18.8
56.3
Less: Personal contributions for social insurance
42.8
47.9
47.6
48.5
48.6
49.3
49.7
50.7
Less: Personal tax and nontax
payments
151.3
170.8
168.2
175.1
178.1
178.0
142.0
175.6
Equals: Disposable personal
income
.
903.7
979.7
966.5
993.1 1,008.8 1,015.5 1,078.5 1,079.6
829.4
902.7
894.9
927.6
922.3
939.5
964.7
995.0
876.7
25.0
869.1
24.8
901.3 895.8
25.3 25.5
913.2
25.4
968.8
25 .4
Transfer payments
Old-age survivors, disability, and health insurance benefits
Government unemploy-5
ment insurance benefits .
Veterans benefits
Other
Less: Personal outlays
Personal consumption expenditures
Interest paid by consumersPersonal transfer payments
to foreigners
Equals : Personal saving
Addenda:
Disposable personal income:
Total, billions of 1958 dollars.
Per capita, current dollars...
Per capita, 1958 dollars
Personal saving rate,8 percent .
1.3
1.0
1.0
.9
.9
.9
938.6
25.2
11
74.4
77.0
71.5
65.5
86.5
75.9
113.8
84.6
619.6 602.8
4.295 4,623
2,945 2,845
8.2
7.9
603.5
4,565
2,850
7.4
602.9 594.8 591.0
4, 681 4,745 4,768
2,842 2,798 2,775
7.5
8.6
6.6
620.2
5,055
2,907
10.6
611.4
5,047
2,858
7.8
805.2
22.9
.8
Table 12.—Personal Consumption Expenditures by Major Type (2.3)
Billions of 1958 dollars
Gross product originating in
non financial corporations
I
Table 11.—Personal Income and its Disposition (2.1)
(1.14)
71.8
IV
Billions of dollars
720.8 770.1 766.6 782.7 783.5 774.8 793.2 830.1
71.2 76.7 75.7 77.6 79.3 81.2 83.0 85.2
66.5
III
Seasonally adjusted at annual rates
Billions of dollars
Table 10.—Gross Corporate Product
II
1975
Personal consumption
expenditures
Durable goods
Automobiles and parts
Mobile homes
Furniture and household
equipment
Other
Nondurable goods
-- Food and beverages
Clothing and shoes
Gasoline and oil
.
Other
Services
-Housing
Household operation
Transportation
Other
805.2 876.7
130.3 127.5
57.5 49.7
3.5
4.4
55.0 58.8
19.1
17.8
338.0 380.2
165.1 187.7
70.2 74.1
28.3 35.9
74.4 82.4
336.9 369.0
116.4 126.4
47.3 52.9
23.4
26.1
149.9 163.6
869.1
129.5
50.6
4.1
901.3 895.8 913.2
136.1 120.7 124.9
56.2 43.7 46.8
2.3
2.3
3.5
938.6
130.6
49.4
2.6
968 J
138.
55.
2.
59.5
19.4
375.8
183.5
74.4
36.8
81.1
363.8
124.9
51.7
25.6
161.6
60.4 57.8 57.9
19.4 19.2 20.2
389.0 391.7 398.8
191.3 196.0 201.4
75.7 73.7 76.2
37.9 37.5 37.8
84.2 84.5 83.5
376.2 383.5 389.5
127.7 130.9 134.1
54.6 56.0 57.0
26.5 27.1 28.1
167.5 169.4 170.3
60.7
20.5
410.1
204.8
78.7
39.6
87.0
397.9
136.6
59.5
28.8
173. 0
61. <
21.i
422.'
209. \
81.1
41. i
90. <
407.
139.
62.
29.
176.
Table 13.—Foreign Transactions in the National Income and
Product Accounts (4.1)
Receipts from foreigners
Exports of goods and services..
Capital grants received4 by the
United States (net)
. ...
Payments to foreigners
Imports of goods and services..
Transfers to foreigners
Personal
Government
Net foreign investment
138.2
140.2
138.5
138.5
143.6
143.6
147.5
147.5
142.2
142.2
136.0
136.0
142.0
142.0
.0 -2.0
100.4 138.2
96.4 138.1
3.6
3.9
1.0
1.3
2.6
2.6
-3.5
.1
.0
138.5
140.0
3.7
1.0
2.7
-5.2
.0
143.6
146.7
3.3
.9
2.4
-6.5
.0
147.5
145.7
3.6
.9
2.7
-1.8
.0
142.2
133.4
3.6
.9
2.7
5.2
136.0
119.8
3.6
.9
2.7
12.5
142.0
129.8
3.5
.8
2.7
8.7
100.4
100.4
SUKVEY OF CUEEENT BUSINESS
November 1975
1974
1973
1974
II
III
11
1974
1975
IV
I
II
1973
III *
II
1974
Seasonally adjusted at annual rates
258.5 291.1 288.6 302.8 294.7 284.1 251.8 295.7
Personal tax and nontax receipts
114.1 131.3 129.4 134.8 136.8 136.2
Corporate profits tax accruals
43.7 49.1 49.2 55.4 45.7 34.1
Indirect business tax and nontax
21.2 22.0 21.9 22.5 22.2 22.9
accruals
Contributions for social insurance... 79.5 88.7 88.1 90.0 90.0 90.9
23.8
91.3
25.6
93.3
264.2 299.1 291.6 304.7 319.3 338.5 355.0 362.7
Purchases of goods and services
National defense .
Other...
106.6 116.9 114.3 117.2 124.5 126.5 128.4 130.5
74.4 78.7 76.6 78.4 84.0 84.7 84.8 86.1
32.2 38.2 37.7 38.8 40.6 41.8 43.6 44.4
Transfer payments
To persons
To foreigners (net) *
95.5 117.0 113.6 120.8 127.2 138.5 149.9 151.1
92.9 114.4 110.8 118.4 124.5 135.8 147.2 148.4
2.7
2. 7
2.4
2.7
2.7
2.7
2.6
2.6
Grants-in-aid to State and local governments
40.5
43.8
43.2
43.4
45.5
50.2
52.2
55.9
18.7
19.1
19.7
19.7
21.1
21.4
18.8
21
2.0
i
Less: Wage accruals less disbursements.. ..
.0
—.5
Surplus or deficit (— ), national
income and product accounts
Gross national product
99.1 131.5
37.5 45.2
Federal Government expenditures
5.3
4.2
— 1.1
2.3
3.5
2.7
3.9
3.5
1.3
2.3
2.5
2.0
2.3
1.5
2.4
. 2 — . 1 —.3 —1.0 — 1.2 —1.6
-.6 — 1.5
.0
II
III
Table 17.—Implicit Price Deflators for Gross National Product (8.1)
(3.1, 3.2)
16.3
I
Index numbers, 1958=100
Table 14.—Federal Government Receipts and Expenditures
Net interest paid
Subsidies less current surplus of government enterprises
Subsidies
Current surplus
IV
Seasonally adjusted
Billions of dollars
Federal Government receipts
III
1975
.0
145.9
114.7
147.9
160.5
162.5
123.7
170.0
173.5
160.2
121. 3
168.0
171.4
164.7
126.3
172.3
176.1
169.6
130.1
176.9
179.2
171.8
131.2
179.2
182.2
173.9
133.5
181.2
184.6
176.6
134.3
185.3
187.5
Gross private domestic investment
Fixed investment
Nonresidential.. ..
Structures
Producers' durable equipment...
Residential structures .
Nonfarm
Farm
Change in business inventories
152.4
144.9
185.4
130.0
174.0
174.0
168.0
165.3
158.7
198.7
143.2
191.4
191.6
183.5
162.3
154.9
196.2
139.2
190.0
190.2
181.5
167.5
160.4
200.6
145.5
195.9
196.1
187.5
174.9
169.6
206.0
154. 5
197.9
198.1
189.4
180.4
175.4
209.7
160.7
204.3
204.4
195.4
183.2
177.7
209.0
164.8
208.2
208.4
199.0
185.0
178.7
210.5
165.5
210.9
211.2
201.6
Net exports of goods and services
Exports
Imports-
150.6 195.0 188.7 202. 5 210.9 213.9 214.8 214.9
155.6 219.7 214.9 230.8 239.3 243.2 242.8 240.5
Government purchases of goods and
services __
Federal
State and local
191.5 211.8 208.8 214.1 221.4 224.6 226.5 228.9
185.9 206.8 203.0 207.4 218.4 220.3 220.1 221.7
195.1 215.0 212.4 218.3 223.2 227.3 230.7 233.5
Table 18.—Implicit Price Deflators for Gross National Product by
Major Type of Product (8.2)
.0
.0
154.31 170. 18 167. 31 172. 07 177. 97 181. 62 183. 88 186.02
Personal consumption expenditures
Durable goods
Nondurable goods. .
Services
-5.6 -8.1 -3.0 -1.9 -24.5 -54.4 -103.3 -67.1
Table 15.—State and Local Government Receipts and Expenditures
(3.3, 3.4)
State and local government receipts...
Corporate profits tax accruals
Indirect business tax and nontax
Contributions for social insurance
Federal grants-in-aid
State and local government expenditures
Purchases of goods and services...
Net interest paid
Subsidies less current suiplus of government enterprises...
Subsidies....
Current surplus
193.5 207.7 205.3 210.9 213.9 219.8 226.2 nqe i
37.2 39.5 38.8 40.3 41.2 41.8 42.9 A A o
6.1 6.7 6.7 7.3 6.2 4.9 5.5 61 7
98.0 104.9 104.0 107.0 107.6 109.2 111.6
11.7 12.8 12.7 13.0 13.3 13.7 14.1
40.5 43.8 43.2 43.4 45.5 50.2 52.2
n
55* g
'
184.4 205.9 203.3 208.8 214.0 221.5 227.0 230.9
169.8 192.3 190.1 195.1 199.3 205.1 209.7 213 0
20.1 20.2 19.8 20.4 21.3 22.9 23.7
-.8 -1.6 -1.6 -1.6 -1.5 -1.4 -1.2 -1.0
.0
.0
.0
.0
Surplus or deficit (-), national
income and product accounts
9.2
1.8
2.0
2.1
9.1
9.7
.1 -7.9
9.7
9.8
.0
.0
.0
-.1 -1.6
-.9
9.8
9.9
10.1
Services
Structures
175.5 189.9 187.9 192.4 195.9 198.9 201.7 204.3
182.4 202.6 200.0 206.0 211.8 216.6 217.5 218.6
Addendum: Gross auto product
112.9 121.5 118.7 124.0 127.2 127.6 130.6 131.0
Gross national product
Gross domestic product
Business
Nonfarm
Farm
Q
in i
154. 31 170. 18 167. 31 172. 07 177. 97 181. 62 183.88 186.02
154.27 169. 62 166. 75 171.41 177.36 181.23 183.48 185. 64
145.6
143.3
. 206.1
160.5 157.7
159.1 156.8
195.4 177.8
Households and institutions
222.7
248.3
General government
Federal
State and local
238.5
248.3
233.4
250.9 248.5
264.5 260.7
244.2 242.5
162.3 168.0 171.5 173.5 175.8
161.6 166.7 171.6 173.2 175.1
179.1 203.1 168.3 ISO. 9 194.3
251.5 257.1 260.9 264.6 267.1
263.0 275.0 277.1 278.5 280.3
245.9 248.5 253.3 258.1 261.0
7 7 -7.7 -9.9 -11.5 -11. 0
Addendum: Gross private product..... 147.56 163. 34 160.51 165.35 171.04 174.38 176. 50 178.81
Table 16.— Sources and Uses of Gross Saving (5.1)
210.9 213.8 207.3 196.2 227.5 222.6 269.2 2j G
°'
Personal saving
74.4 77.0 71.5 65.5 86.5 75.9 113.8 84.6
Undistributed corporate profits
43.3 52.4 50.5 61.1 46.2 28.5 36.3
Corporate inventory valuation adjustment..
-17.6 -35.1 qp A -51.2 -28.1 -7.0 -8.4 -11.7
Corporate capital
consumption
71.2 76.7 75.7 77.6 79.3 81.2 83.0 85.2
Noncorporate capital consumption
allowances
39.6 42.8 42.8 43.2 43.6 44.0 44.4
Wage accruals less disbursements....
.0
.0
.0
.0
.0
.0
.0
•"
Government surplus or deficit (— ),
national income and product
,_
accounts
3.5 -6.3 -1.0
.2 -24.6 -56.0 -104.2
Federal
-5.6 -8.1 -3.0 -1.9 -24.5 -54.4 -103.3 ~Q7__A- }
State and local
9.2
1.8 2.0 2.1 -.1 -1.6 -.9 4- 1
Capital grants received by the United
States (net) <
.0 -2.0
.0
.0
.0
.0
.0
•u
Grose investment
209.4 205.9 206.6 199.3 207.7 168.2 160.7 187. 9
Gross private domestic investment.. 209.4 209.4 211.8 205. 8 209.4 163.1 148.1 179.1
Net foreign investment
.1 -3.5 -5.2 -6.5 -1.8
5.2 12.5
8. 7
Statistical discrepancy
-5.0
.4
.3 3.0
4.8
1.6 -4.4
.2
* See footnote on page 9.
135. 6 151.4 148.1 152.9 159.8 163.3 165.5 168.1
121.5 131.1 126.2 132.6 140.7 143.0 145.5 145.9
147.1 167.5 165.0 169.3 174.8 177.5 179.6 183.6
Table 19. — Implicit Price Deflators for Gross National Product by
Sector (8.4)
-4.7 -5.0 -5.0 -5.0 -5.0 -5.1 -5.1 -5.2
.i
.1
.1
.1
.1
.1
.1
.1
4.8 5.1 5.1 5.1 5.2 5.2 5.3 5.3
Less: Wage accruals less disbursements
Addenda:
Surplus, social insurance funds
Surplus or deficit (-) all other
State and local funds
m
Goods output
Durable goods
Nondurable goods. _
Table 20.— Change from Preceding Period for
Selected Aggregates (7.7)
Percent
Gross national product :
ft
Constant dollars.. .
...
Implicit price deflator
Chain price index
Fixed-weighted price index
Percent at annual rate
4.2 -3.9
7.6
9.7
11.8
7.9
5.9 -2.1 -1.6 -1.9 -9.0 -11.4
8.4
9.4 11.9 14.4
5.6 10.3
7.8
9.8 12.7 11.7
6.0 10.0
7.5
6.3 10.7 11.1 12.7 12.5
7.0
1.9
5.1
5.4
5.5
18.6
13.2
4.7
7.0
6.8
Gross domestic product:
Current dollars
Constant dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
7.7
11.7
5.9 -2.0
5.5 10.0
9.7
5.9
6.2 10.4
4.0 -2.6
9.4
9.3
.3 -2.1 -9.3 -10.7
9.0
9.0 11.7 14.6
7.8
9.2 12.5 11.8
7.5
10.6 12.5 12.5
6.7
1.6
5.1
5.4
5.5
18.5
13.1
4.8
7.1
7.0
Gross private product :
Current dollars
Constant dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
7.7 10.1 3.1 -5.6
12.2
7.9
6.2 -2.6 -2.0 -2.3 -9.9 -12.6
8.0
9.9 12.6 14.5
5.7 10.7
8.0
5.9 10.6 10.6 13.8 12.0
7.7
6.3 11.4 12.3 13.8 12.6
6.9
1.8
5.0
5.3
5.5
20.3
14.2
5.3
7.5
7.3
12
SURVEY OF CURRENT BUSINESS
November 1975
BEA ECONOMIC AREAS
158
159
160
161
162
163
16k
165
166
167
168
169
170
171
172
173
Eugene, Ore.
Boise City, Idaho
Reno, Nev.
Las Vegas, Nev.
Phoenix, Ariz.
TUcson, Ariz.
San Diego, Calif.
Los Angeles-Long Beach, Calif
Fresno, Calif.
Stockton, Calif.
Sacramento, Calif.
Redding, Calif.
Eureka, Calif.
San Francisco-Oakland, Calif.
Anchorage, Alaska
Honolulu, Havaii
Falls, Idaho
i5
156
157
DEPARTMENT OF COMMERCE
y equivalents as of September 30, 1969
Spokane, Wash..
Seattle-Everett, Wash.
Yakima, Wash.
Portland, Ore.-Wash.
13
SURVEY OF CURRENT BUSINESS
November 1975
CHART 4
Reprinted August, 1970, with county boundaries as of September 30, 1969
Areas are named for the largest SMSA or,
where there is no SMSA, for the largest city
Boston, mas
Hartford. Conn
Syracuse, H.T.
Rochester, IT.T.
Buffalo, H.T.
Erie, Pa.
Wllliaagport, Fa.
Blnghairton, H.T.-Pa.
WHkes-Barre-Hazletan, PB.
Her York, H.T.
Philadelphia, Pa.-H.J.
Harrisburg, Pa.
Baltimore, m.
Washington, D.C.-Md.-Va.
Roanoke/Va.
Wilmington, H.C.
Greensboro-Winston Salem-Hlgh Point, H.C
Charlotte, H.C.
Ashevllle, H.C.
Greenville, S.C.
Columbia, S.C.
Florence, S.C.
Charleston, S.C.
Augusta. Ga.
Jacksonville, Fla.
Orlando, Fla.
Miami, Fla.
Petersburg, Fla.
Tallahassee, Fla.
Pensacola, Fla.
Columbus, Ga.-Ala.
Atlanta, Ga.
Birmingham, Ala.-Ark.
Huntaville, Ala.
Chattanooga, Tenn.-Ga.
Hashvllle, Tenn.
Kboxville, Tenn.
Bristol, Va.-Tenn.
Huntington-Ashland, W.Va.-Ky.-Chio
Lexington,
Louisville, IQr.-Ind.
Evansvllle, Ind. - Ky.
Terre Haute, Ind.
Springfield, 111.
111.
Lafayette-West Lafayette, Ind.
Indianapolis, Ind.
Muncle, Ind.
Cincinnati, Chlo-Ky.-Ind.
Dayton, Ohio
Wichita Falls,
Amarillo, Tex.
Lubbock. Tex.
Abilene, Tex.
San Arigelo, Tex.
Dallas, Tex.
Waco, Tex.
Austin, Tex.
Tyler, Tex.
Texarkana, Tex.-Ark.
Shreveport, La.
Monroe, La.
Greenville, Miss.
Meridian, Miss.
Mobile, Ala.
New Orleans, La.
Lake Charles, La.
Beaumont-Port Arthur-Orange, Tex
San Antonio, Tex.
Corpus Christi, Tex.
Brownsville-HarlingenEl Paso, Tex.
Albuauerque, N.M.
Minneapolis-St. Paul, Minn.
Grand Forks, N . D .
Minot, N.D.
Great Falls, Mont.
Billings, Mont.
Bismarck, N.D.
Fargo-Moorhead, N.D.-Minn.
Aberdeen, S.D.
Sioux Falls, S.D.
Rapid City, S.D.
Scottsbluff, Nebr.
Grand Island, Nebr.
Sioux City, Iowa-Nebr.
Fort Dodge, Iowa
Waterloo, lova
Des Moines, Iowa
Omaha, Nebr.-Iowa
Lincoln, Nebr.
Salina, Kans.
Wichita, Kans.
Kansas City, Mo.-Kans.
Columbia, Mo.
Quincy, 111.
St. Louis, Mo.-111.
Paducah, Ky.
Springfield, Mo.
Little Rock-North Little Rock, Ar
Fort Smith, Ark.-Okla.
Tulsa, Okla.
Oklahoma City, Okla.
Clarksburg, W. Va.
Pittsburgh, Pa.
Youngstovn-Warren, Ohio
Cleveland, Ohio
Lima, Ohio
Toledo, Ohio
Detroit, MiOSaginav, Mlc.
Grand Baplds,
Lannlng, Mich
Fort Wayne, Ind.
South
Chicago. HJL.
Peona, rU.
Davenport-Rock Island-Mollne, Iowa-Ill
Cedar Rapids, Iowa
Dubuque, Iowa
Rockford, 111.
Madison, Wis.
Milwaukee, Wis.
Green Bay, Wis.
, Wis.
Duluth-Superlor, Minn.-Wis.
Eau Claire, Wis.
La Crosse Wis.
Rochester, Minn.
AlBERS EQUAL AREA PROJECTION
Scale 1:5,000,000
U.S. Department of Commerce, Bureau of Economic Analysis
75—J1—4
By REGIONAL ECONOMIC ANALYSIS DIVISION
The MA Economic Areas:
Structural Changes and Growth, 1050-73
jYSIS of the regional distribution of economic activity in the United
States has often been hampered by the
use of geographic units that are political or administrative, rather than
economic, in nature. The BEA economic
areas were designed to overcome this
deficiency. Each economic area consists
of a standard metropolitan statistical
area (SMSA), or similar area that
serves as a center of trade, and the surrounding counties that are economically related to the center. To the extent
possible, each area includes the place-ofwork and place-of-residence of its labor
force, since an area's major job markets,
typically located in a metropolitan area,
often attract workers living beyond
SMSA boundaries.
The areas—173 in all and covering
the entire United States—permit
economic analysis in finer geographic
detail than do States, and in finer geographic and industrial detail than do
SMSA's.1 The economic areas do not
divide SMSA's or counties, but may
NOTE.—
Work in BEA on the division of the United
States into economic areas was started under
the direction of Robert E. Graham, Jr., former Associate Director for Regional Economics, and Daniel H. Garnick and Henry L.
De Graff, now Chief and Assistant Chief of
BEA's Regional Economic Analysis Division.
The Regional Economic Measurement Division, Edwin J. Coleman, Chief, prepared the
historical personal income and associated
measures on which the article is based.
Howard L. Friedenberg, with the assistance of
Eleanor Curry, did most of the work on the
article. Edward A. Trott, Jr., Eugene Janisch,
James Younger, and Berlin Warner made
significant contributions.
14
cross State boundary lines (chart 4).
The areas range in size from New York
(area 14), with 18.2 million inhabitants,
to Scottsbluff (area 101), with 104,000
inhabitants.
This article explains how the boundaries of the BEA economic areas were
delineated, and presents the view of
the areas' industry structures that
results from this delineation. This view,
in turn, provides the basis for classifying the areas into groups, according
to their dominant industries; within
this classification framework, patterns
of change in income and per capita
income are analyzed.
Delineation of Boundaries
The areas' boundaries were delin- and 50,000 and which function as labor
eated by identifying their economic market and trade centers were chosen
centers and then determining the coun- as area centers.
After the economic centers were
ties that were most closely related to
the centers. As a first step, SMSA's identified, each of the approximately
that contain the largest percentages of 2,600 counties that did not fall within
the economic areas' employed labor a center was examined to determine the
force were usually chosen as centers of economic center to which it was most
the areas. Where an SMSA was an closely related. For the bulk of these
integral part of a larger metropolitan counties, the primary data source used
complex, a multi-SMSA economic area in this determination was the journeythe 1960
center was chosen. For example, the to-work information from
2
Census
of
Population.
These
data
Jersey City, Newark, Paterson-Cliftonshowed the gross commuting of workers
Passaic, Stamford, Norwalk, Bridge- from each county of residence to as
port, and Nassau-Suffolk SMSA's are many as 13 other counties of work.
all part of the New York City metro- Counties were assigned to economic
politan area complex and constitute centers in accordance with commuting
the economic center of the New York patterns. In places where the com(14) economic area. In sections of the muting patterns of adjacent economic
country where there are no SMSA's, centers overlapped, counties were incities with populations between 25,000 cluded in the area containing the center
to which the majority of workers
1. The economic area data in this article supplement the
commuted. Where ties with two cenState and SMSA data regularly published in the SURVEY OF
CURRENT BUSINESS. Additional economic area data in 37industry detail are available in Area Economic Projections
1990, an October 1974 supplement to the SURVEY OF CURRENT BUSINESS. A 28- by 41-inch map of the areas is available
from the Regional Economic Analysis Division, Bureau of
Economic Analysis, Washington, D.C. 20230.
2* Data on commuting patterns from the 1970 census have
recently become available. Preliminary analysis indicates
that the incorporation of these data into the delineation
procedure will not cause many significant changes in economic area boundaries.
SUKVEY OF CUEEENT BUSINESS
November 1975
ters were exceptionally strong, the
two were combined into one economic
area.
In many instances, the association
between counties and a particular area
was not based on direct commuting
ties to the central cities or counties,
but rather on commuting ties to noncentral counties, which, in turn, were
tied to the economic centers.
The assignment of counties to eco-
15
nomic centers was more difficult in
rural than in urban areas of the
United States because of the insufficiency of commuting data. This
problem was overcome through the
use of other data, such as metropolitan
newspaper circulation in rural areas,
and the advice of authorities, such as
State planning agents, who were familiar
with the geography and economy of the
areas.
sidents only)—are defined as basic
industries in all areas, because the
bulk of their output or services is
directed at broad, often national,
markets. Certain services, such as
education in Boston (4) and recreation
in Miami (36) and Las Vegas (161),
are also "basic industries" in some
areas, because more of their income
derives from consumers from other
areas than from local businesses and
households.
The relative growth of an economic
area largely depends on the stimulus
provided by its basic industries. These
grow in response to other areas7 increased demand for their products.
Increased exports generate additional
import other commodities. By this income, which stimulates local service
participation in interregional trade, activity in the initial area. (In recent
the areas resemble nations engaging in
decades, part of the growth of local
international commodity trade, except
service
industries resulted from the
that the areas are less affected by
barriers to trade and to the movement faster growth of service industries,
relative to extractive and manufacturof capital and labor.
In this article, the broad industrial ing industries, in the national economy.
groups—agriculture, mining, manu- This national phenomenon caused the
facturing, and government (except areas' local service industries to grow
where government serves local re- faster than their basic industries.)
Framework for Industrial Analysis
The principle that each economic
area encompass the place-of-work and
place-of-residence of its labor force
means that an area's businesses and
households purchase most of their
services in the same area where they
receive their income. The service industries (hereafter termed "local
service industries") include transportation, communication, public utilities, wholesale and retail trade,
finance, local government, and miscellaneous other industries, the outputs
of which are difficult or impossible to
transport and which are most conveniently consumed in the area of
their production. It may be noted that
construction is included in this group
of industries. The delineation principle,
in effect, assures that each area will be
relatively self-sufficient in the output
of its local service industries.
In contrast to its local service industries, which produce mainly for intraarea consumption, each economic area
has one or more "basic industries,"
which derive income mainly from
exports to other areas (and from the
payrolls of supraregional governmental
bodies). The types of basic industries
within
a particular area
depend pri.,
.
Industrial Groups
The economic areas were assigned to
groups, according to their basic industry structures, because the grouping
facilitates the analysis of differential
area growth. The assignment of areas
to groups proceeded as follows. First,
for each area, data on the distribution
of industrial activity were assembled,
based on the industry detail of the labor
and proprietors' income component of
total personal income (see table 1 for
sample data). 3 This large amount of
data was inspected for similarities in
the industry compositions of the areas,
by means of cluster analysis. This cornputer technique sorted the areas
into five groups (corresponding to the
number of basic industries that had
been selected), so that the areas within
each group were as similar as possible
in industry structure and structural
similarities among groups were minimal.
In general, the groups based on the
cluster analysis corresponded to those
that would have resulted had each
area been assigned to a group according
to its most important basic industry
(measured by share of area income).
The industrial groups identified for
1973 were: agriculture, manufacturing,
3. Personal income is the current income received from all
sources. It is measured before deduction of income and other
uncut
direct pciaunai
personal taxes,
uttAoa, but
wut aii/ci
after uovj.mjiij.vjii
deduction \JL
of pciovii.cn
personal wnuiicontrimanly On the area S relative endowment buttons to social security, government retirement, and other
Of the inputs required in the production social insurance P™grams. It includes wages and salaries,
*
ira-ri/vno types
f-iTr»QO of
r»f supplementary
eiinrkloTnontarir earnings,
aarnintro termed
tarmorl "other
"ntViar
various
process. The relative endowment of labor income," the net incomes of owners of unincorporated
businesses (including farms), net rental income, dividends,
these inputs determines the area's interest,
uusmess transfer
transit! payments
payments
interest, anu
and government
government aim
and business
comparative advantage, vis-a-vis other (consisting, in general, of disbursements to individuals for government,
no services are rendered currently, such as unemploy- consisting of
areas,
in ,producing
the output of its which
,
.
. .
._,
ment benefits, relief, and veterans pensions). Of the com1
basic industries. The
areas export ponents of personal income, only wages and salaries, other usually large
commodities for which they have com- labor income, and proprietors'income may be disaggregated nonresident
..
,
.
,
. industrially. The sum of these three components is termed
• , i
1
parative advantage in production and
-labor and proprietors'income."
,
^
,
,,
-,
-•
. .
and
Other,
the latter
areas that provided
„
,
amounts ol services to
consumers. (No mining
• i nrrn i_
• • ~
group existed in 1973, because mining
CHART 5
BEA Economic Areas by Industrial Group, 1973
O
d
W
d
Agriculture
Manufacturing
[
| Government
[
| Other
U.S. Department of Commerce, Bureau of Economics Analysis
CD
a
SUEVEY OF CURRENT BUSINESS
November 1975
Table 1.—Labor and Proprietors' Income, United States and Los Angeles Economic Area,
1950 and 1973
[Millions of 1967 dollars]
Los Angeles economic area
United States
1950
1973
1950
1973
258,748
655,851
10,953
36,506
23,597
5,145
35,521
6,353
469
129
639
207
15,483
74,818
41, 117
174,123
896
2,708
1,943
9,670
Transportation, communication, and public utilities
Wholesale and retail trade
21, 131
48,940
46, 930
105,345
750
2,331
2,434
6,422
Finance insurance, and real estate
Services
10,911
28,904
34,431
98,255
658
1,791
2,151
6,921
29,818
113,778
1,223
6,120
Total
Agriculture, forestry, and fisheries
Mining
Contract construction
Manufacturing
-
_ _
-
_
_
-.
- -
Government
NOTE.—Details may not add to totals due to rounding.
did not dominate the economy of any
area.) A brief description of each
group—in terms of the industrial distribution of its labor and proprietors7
income, and the geographic distribution
of its areas—is necessary for understanding the shifts over time in industrial groups, discussed later.
Agriculture group
In 1973, the agriculture group consisted of 42 economic areas. For the
group as a whole, agriculture contributed 29 percent of all labor and proprietors' income (hereafter termed
"earnings")—considerably more than
did mining (1 percent), manufacturing
(15 percent), or government (15 percent). Local service industries accounted for the remaining 39 percent of
earnings (table 2). Most of the 42 areas
were in the Great Plains; other, smaller,
areas were in the Mississippi Valley,
the Snake and Columbia River Valleys,
and the Central Valley of California
(chart 5). These 42 areas accounted for
8 percent of the national total personal
income in 1973.
Agriculture _ _
Manufacturing,
Government
Other
AH areas
Government group
The 76 economic areas constituting
the manufacturing group derived 35
percent of their earnings from manufacturing in 1973—compared with only
3 percent from agriculture, 1 percent
from mining, and 15 percent from government. Local service industries contributed the remaining 46 percent. The
areas were concentrated heavily in the
Northeast, around the Great Lakes, in
the Piedmont areas of the Southeast,
in the south-central part of the country,
and, to a lesser extent, in the Pacific
Northwest. As a group, they accounted
for 45 percent of U.S. personal income
in 1973.
Each of the areas tended to specialize
in particular manufacturing industries,
by which it could be subclassified.
Northeastern areas, for example, specialized in manufacturing lumber and paper
(Maine) and machinery (central New
England and eastern New York). Areas
around the Great Lakes emphasized the
production of primary and fabricated
metals (western New York and western
Pennsylvania), motor vehicles (north_
Thirty-four economic areas constituted the government group in 1973.
Earnings from government accounted
for 34 percent of the areas' total earnings. Agriculture, mining, and manufacturing, in contrast, contributed only
6 percent, 2 percent, and 12 percent,
respectively. Earnings from local service
industries accounted for the remainder.
The government areas formed a broken
ring around the southern portion of the
country, starting with Washington,
B.C. (18) and extending through
Sacramento (168) to Alaska (172) and
Hawaii (173). About one-half of these
areas could be subclassified as military.
Norfolk (22), Charleston (31), and
San Diego (164), for example, were
primarily military bases, and Hawaii
and Alaska developed military emphases
because of their strategic locations for
national defense. Of the primarily
nonmilitary government areas, most
were State government centers, including State capitals or State colleges.
Government areas accounted for 11
percent of national total personal income in 1973.
Mining
Manufacturing
Government
Other i
Total
29 4
34
13
9
15 3
35 1
15 1
14 7
38 9
45 9
100 0
100 0
61
26
16
g
12 3
22 5
33 9
16 0
46 1
58 1
100 0
100 0
54
10
26 6
17 3
49 7
100 0
1. Includes construction; transportation, communication, and public utilities; wholesale and retail trade; finance, insur'
ance, and real estate; and services.
ern Ohio, northern Indiana, and eastern
Michigan), machinery (northern Illinois), and lumber and paper (northern
Wisconsin). Piedmont areas were centers of textile and apparel manufacturing. Adjacent areas in Virginia and
West Virginia (for example, Bristol
(51) and Hunting ton-Ashland (52))
produced large amounts of chemicals
and primary metals. Manufacturing
in south-central areas covered a
variety of products, including primary
metals and lumber and furniture. The
latter industry was also important in
the Pacific Northwest, especially in
Eugene (158) and Eureka (170).
Manufacturing group
Table 2.—Percent Distribution of Labor and Proprietors' Income, by Industry, for
Industrial Groups of BEA Economic Areas, 1973
Agriculture
17
"Ot/ier" group
The economies of the 21 economic
areas designated "other" in 1973 were
dominated by various service industries oriented more toward distant markets than toward local consumers. For
the group as a whole, the share of total
earnings attributable to the service industries was well above the U.S. aver-
00
CHART 6
jAnnual Compound Growth Rate of Total Personal Income by BEA Economic Areas, 1950-73
^
Index, U.S. growth rate of total personal income =L00
d
w
<i
H
Kj
o
*j
o
W
d
Under .85000
\j .85000-.94999
U.S. Department of Commerce, Bureau of Economic Analysis
|
| .95000-1.04999
|
| 1.05000-1.14999
|
| 1.15000 and Above
75-11-6
SUEVEY OF CURRENT BUSINESS
November 1975
Table 3.—Number of BEA Economic Areas, by Industrial Group, 1950 and 1973
Industrial group in 1973
Agriculture
Mining
M anuf acturing
Government
.
Other
.-
Total
-
Manufacturing
Government
Total
Other
41
1
12
4
10
1
4
0
67
6
0
0
58
2
3
18
2
1
63
21
0
0
2
14
16
42
76
34
21
173
1
Industrial group in
1950
Agriculture
age. The group included Las Vegas (161)
and Miami (36), which have already
been mentioned, and such national and
broad regional centers of trade and
finance as New York (14), Atlanta (44)
Denver (148), and San Francisco (171)
The group accounted for 36 percent of
national total personal income in 1973.
Industrial Shifts and Growth, 1950-78
Changes in industrial groups
shifts reflected the faster growth, in the
national economy, of government and
service industries relative to extractive
industries. Manufacturing did not grow
as fast nationally as government and
services, but the number of manufacturing areas rose substantially, because
the industry became more dispersed
geographically.
19
The industrial shifts among economic
areas contributed to equalization in
levels of productivity (as measured by
earnings per worker). The number of
areas specializing in industries with
relatively high earnings per worker,
such as manufacturing and government,
grew relative to those specializing in
extractive industries. During the same
period, rapid technological change led to
increased earnings per worker in the
extractive industries.
Changes in per capita income
The equalization in levels of productivity (earnings per worker) led to a
narrowing of per capita income differences among the economic areas
from 1950 to 1973. (Analysis of economic area data reveals that changes
over time in earnings per worker are
closely related to changes in per capita
income.) Measures of per capita income
for the 2 years and for each of the groups
of areas are shown in table 4. For both
the level and the range of per capita
income relative to the national average,
differences among the various groups
were much less in 1973 than in 1950.
In 1973, for example, the level of per
capita income was the same in the
agriculture and manufacturing groups,
As shown in table 3, the 1973 distribution of the 173 economic areas
among the basic industrial groups was
significantly different from that in
1950. The columns in table 3 show the
number of areas in each group in 1973
and the groups to which these areas
belonged in 1950. For example, of the
42 areas in the agriculture group in
1973, 41 were in the group in 1950, and Table 4.—Measures of Per Capita Income for BEA Economic Areas, by Industrial Group,
1950 and 1973
1 was in the mining group. Similarly,
[U.S.
per
capita income=1.00]
the rows in table 3 show the number
of areas in each group in 1950 and the
Extremes of range
Weighted mean *
groups to which these areas belonged
1950
1973
1973
1950
in 1973.
From 1950 to 1973, the number of Agriculture
0. 44-1. 27
0. 55-1. 21
0.97
0.78
58-1 06
.72
economic areas in the agriculture group Mining
. 46-1. 35
. 64-1. 22
1.03
.97
fell from 67 to 42. Of the 67 areas in Manufacturing
Government
.92
.48-1.59
. 69-1. 26
.90
1950, 12 specialized in manufacturing Other
. 75-1. 36
. 76-1. 23
1.17
1.09
by 1973, 10 specialized in government
activity, and 4 specialized in providing
1. Economic areas weighted by population size, to reflect importance in the national economy.
services (the "other" group) to distant
consumers. Over the same period, the Table 5.—Measures of Per Capita Income for BEA Economic Areas, by Quintiles, 1950
and 1973
number of mining areas fell from six to
[U.S.
per
capita income=1.00]
zero; four of the six had become manufacturing areas by 1973.
Mean
Extremes of range
These shifts in specialization—from
1973
1973
1950
1950
extractive industries to manufacturing,
government, and service industries— Quintile 1 ._
0.73
0. 44-0. 68
0. 55-0. 78
0.57
.82
.76
. 78- . 88
. 68- . 83
led to gains in the number of areas in Quintile2
3
.92
.88- .96
.89
.83- .95
the manufacturing group (from 63 to Quintile
Quintile 4
1.02
. 96-1. 04
1.02
. 95-1. 08
76), the government group (21 to 34), Quintile 5...
1.12
1. 04-1. 26
1.20
1. 08-1. 59
and the "other" group (16 to 21). The
to
o
Per Capita Income by BEA Economic Areas, 1973
Index, U.S. per capita income =1.00
CO
d
O
d
W
d
Under .85000
.85000-.94999
.9500a-1.04999
1.05000-1.14999
|
U.S. Department of Commerce, Bureau of Economic Analysis
11.15000 and Above
75-11-7
g
B
£
3
November 1975
although in 1950 the levels in the two
differed by 25 percentage points. It
should be noted, however, that farm
income in 1973 was unusually high because of a large increase in foreign
demand.
The equalization of per capita income is also apparent when the area
economies are examined without reference to their importance in the
national economy (in contrast to table
4). Measures of per capita income
relative to the U.S. average, by quintiles, for 1950 and 1973 are shown in
table 5. (With the use of quintiles,
the 173 areas are ranked by level of
per capita income, and then distributed equally among five groups;
quin tile 1, for example, contains the 35
areas with the lowest per capita income levels.) From 1950 to 1973, the
economic areas in quintile 1 showed the
largest gain in relative position; their
mean per capita income rose from 57
percent of U.S. per capita income to 73
percent. The next poorest areas—the
second quintile—also showed relative
improvement, but to a lesser degree.
At the other extreme, the richest areas
(quintile 5) showed a relative fall in
per capita income. Thus, interregional
income differences within the United
States moderated in recent decades,
as per capita income levels in the relatively poor areas rose more rapidly
than in the relatively rich areas. In
addition, the variation in range of per
capita income among the areas
diminished.
Equalization in per capita income
over time also may be analyzed by observing the shift in the areas' cumulative income size distribution. In 1950,
the level of per capita income in 78
areas was more than 15 percent below
the national average; in 19 areas, it was
15 percent or more above the average.
By 1973, only 63 areas had levels more
than 15 percent below the national
average, and only 10 had levels 15
percent or more above the average.
Despite the narrowing of area per
capita income differences, equalization
was far from complete in 1973. A sub-
SUEVEY OF CUEEENT BUSINESS
stantial gap still separated the high
income from the low income areas.
Moreover, the geographic distribution
of the high income and low income areas
had changed little. In general, the
areas with the highest per capita
incomes continued to be located in the
East, on the lower Great Lakes, and
in the Far West (chart 6). These
included New York City (14), Washington, D.C. (18), Detroit (71), Chicago
(77), Eeno (160), San Francisco (171),
and Anchorage (172). Fort Dodge
(104) and Salina (109) also had high
per capita incomes because of unusually
good agricultural conditions. Areas with
the lowest per capita incomes continued
to be concentrated in the * Plains,
Eocky Mountains, Southeast, and
Southwest.
It is interesting to note the correlation between level of per capita income
in 1973 and population size. The low
income areas tended to be smaller
areas, while those with the highest
incomes were large areas. The number
of areas falling into the poorest category
(more than 15 percent below the U.S.
average) was over six times that
falling into the richest category (15
percent or more above the U.S. average), even though each category represented approximately one-fifth of the
Nation's population. In general, the
high income, large population areas
were specialized in industries with
high earnings per worker, euch as
manufacturing and finance. These industries often derive economic advantages from large scale operations
(economies of scale) and from physical
proximity to related industries (agglomeration economies). The low income,
small population areas tended to
specialize in extractive industres.
Changes in income
Table 6 contains the data, for the
United States and the 173 BEA areas,
that underlie the above analysis of
changes in per capita income. The
table shows total personal income,
population, and per capita income for
selected years, 1950-73, and the areas'
21
percentage shares of the U.S. values for
1950 and 1973. In addition, for total
personal income and for population,
the table contains the areas' annual
compound growth rates, 1950-73, and
their annual compound growth rates
relative to the United States.
Chart 7 summarizes the geographic
distribution of area changes in total
personal income, relative to the national average, over the same timespan.
The joint use of chart 7 and chart 5
permits identification of the industrial
sources of differential area growth.
The economic areas with the fastest
growing income—located in the South
and West—were spurred by rapidly
growing industries like government,
recreation services, and (over most of
the 1950-73 period) aerospace manufacturing. Government expansion accounted for the rapid growth in Washington, D.C. (18). The influx of retirees
and vacationers to the mild climates of
Florida, Arizona, and southern California was primarily responsible for
their rapid growth. From 1950 to 1973,
recreational services replaced agriculture as the dominant basic industry in
both Orlando (35) and Phoenix (162).
An expanding aerospace industry over
most of this period induced fast growth
in several west coast and Gulf coast
areas.
The economic areas of slowest income growth between 1950 and 1973
were concentrated in the agricultural
Plains and in the manufacturing belt of
the Northeast and around the Great
Lakes. Other areas of slow income
growth were northern California, central Texas, the Ozarks region, and
northern and central Appalachia —these
areas specialized mainly in extractive industries or related activities.
Eecently, however —specifically from
1969 to 1973—favorable agricultural or
mining conditions led to rapid income
growth in the Plains, the Ozarks, central Texas, and parts of Appalachia,
while the Great Lakes and Northeast
manufacturing areas, that had grown
slowly from 1950 to 1973, continued
slow during the 1969-73 period.
SUEVEY OF CURRENT BUSINESS
22
November 1975
Table 6.—Total Personal Income, Population?
Total personal income
Millions of 1967 dollars
Area title
Area
No.
1950
313, 546
United States
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Bangor Maine
Portland Maine
Burlington Vt
Boston Mass
Hartford Conn
Albany-Schenectady-Troy N.Y
Syracuse NY
Rochester N.Y
Buffalo N Y
Erie Pa
Williamsport Pa
Binghamton N Y -Pa
Wilkes-Barre-Hazelton, Pa
New York, N.Y
Philadelphia Pa.-NJ
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Harrisburg Pa
Baltimore Md
Washington, D.C.-Md.-Va. - ...
Staunton Va
Roanoke Va
Richmond, Va
.
Norfolk-Portsmouth Va
Raleigh N.C
Wilmington, N.C
- Greensboro-Winston Salem -High Point, N.C
Charlotte N.C
Asheville, N.C
..
...
Greenville S.C
Columbia, S.C
- Florence S C
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Charleston S C
Augusta Ga
Savannah Ga
Jacksonville Fla
Orlando Fla
Miami Fla
Tampa-St Petersburg Fla
Tallahassee, Fla
Pensacola Fla
Montgomery, Ala
Albany, Ga _.
Macon Ga
Columbus, Ga.-Ala
Atlanta, Ga
Birmingham, Ala
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
Memphis, Tenn.-Ark
Huntsville, Ala. .
Chattanooga, Tenn.-Ga
Nashville, Tenn
Knoxville, Tenn. .
. . .
Bristol, Va.-Tenn
Huntington-Ashland, W. Va.-Ky.-Ohio
Lexington, Ky
Louisville, Ky.-Ind
Evansville, Ind.-Ky
Terre Haute, Ind
..
Springfield, 111
Champaign-Urbana 111
Lafayette-West Lafayette, Ind
Indianapolis, Ind
Anderson, Ind
Cincinnati, Ohio-Ky.-Ind
Dayton, Ohio
Columbus, Ohio..
Clarksburg, W. Va
Pittsburgh, Pa
Youngstown-Warren, Ohio
Cleveland, Ohio.. ...
Lima, Ohio .
Toledo, Ohio
Detroit, Mich
Saginaw, Mich
Grand Rapids, Mich
Lansing, MichFort Wayne, Ind
..
61
62
63
64
65
66
67
68
69
70
71
72
73
74
7.
76
77
78
79
80
8
8
8
8
8
8
-..
--
.
.-
---
South Bend, Ind.
Chicago, 111
Peoria, 111
Davenport-Rock Island-Moline, Iowa-Ill
Cedar Rapids, Iowa
Dubuque, Iowa
Rockford, 111
Madison, Wis
..
Milwaukee, Wis.
Appleton-Oshkosh, Wis
Wausau, Wis
-
-
---
--_.
1962
1969
1970
1971
Percent of United
States
1972
1973
1950
1973
Annual compound
growth rate
Percent
1950-73
Relative to
nited States
1950-73
696, 060
715,084
736, 270
783, 972
829, 441
100. 00
100.00
4.32
1.00
447
1,156
685
11,492
5,130
2,369
2,301
1,672
3,466
833
661
1,231
1,281
38,986
13, 049
621
1,592
946
16, 423
7,770
3,294
3,425
2,621
4,694
1,038
806
1,746
1,383
58, 620
19, 252
800
2,212
1,470
23,403
11, 350
4,499
4,603
3,998
6,221
1,422
1,127
2,403
1,963
80, 677
27, 071
843
2,273
1,525
24, 208
11, 553
4,731
4,700
4,039
6,278
1,485
1,158
2,448
2,049
82,387
27, 774
847
2,287
1,571
24, 693
11, 602
4,938
4,834
4,120
6,448
1,538
1,188
2,481
2,147
83, 817
28, 665
905
2,429
1,640
25,769
12, 083
5,142
5,001
4,297
6,637
1,631
1,267
2,557
2,285
87, 157
30, 314
991
2,539
1,722
26, 638
12, 572
5, 288
5,183
4,476
6,891
1,701
1,354
2,701
2,421
88,672
31, 301
.14
.37
.22
3.67
1.64
.76
.73
.53
1.11
.27
.21
.39
.41
12.43
4.16
.12
.31
.21
3.21
1.52
.64
.63
.54
.83
.21
.16
.33
.29
10.69
3.77
3.52
3.48
4.09
3.72
3.97
3.55
3.59
4.37
3.03
3.15
3.17
3.48
2.81
3.64
3.88
.82
.81
.95
.86
.92
.82
.83
1.01
.70
.73
.73
.80
.65
.84
.90
2,775
4,241
4,554
493
1,061
1,327
1,511
1,719
516
1,404
1,810
443
974
547
358
3,734
6,321
7,911
697
1,519
2,097
2,376
2,558
111
2,292
2,677
651
1,423
917
568
5,457
9,249
12, 704
1,062
2,273
3,258
3,644
4,190
1,226
3,512
4,323
980
2,234
1,561
850
5,709
9,516
13, 480
1,099
2,327
3,398
3,754
4,399
1,284
3,652
4,482
1,011
2,315
1,635
907
5,852
9,804
14, 184
1,154
2,400
3,543
3,922
4,531
1,324
3,810
4,680
1,058
2,392
1,696
963
6,195
10, 438
15, 349
1,244
2,592
3,800
4,260
4,992
1,450
4,136
5,134
1,166
2,625
1,853
1,053
6,598
10, 903
16, 046
1,333
2,795
4,050
4,473
5,330
1,556
4,343
5,367
1,253
2,778
1,977
1,172
.89
1.35
1.45
.16
.34
.42
.48
.55
.17
.45
.58
.14
.31
.17
.11
.80
1.32
1.94
.16
.34
.49
.54
.64
.19
.52
.65
.15
.34
.24
.14
3.84
4.19
5.63
4.42
4.30
4.97
4.83
5.04
4.92
5.03
4.84
4.63
4.66
5.75
5.29
.89
.97
1.30
1.02
1.00
1.15
1.12
1.17
1.14
1.16
1.12
1.07
1.08
1.33
1.22
395
452
453
1,034
536
1,699
1,237
292
317
748
464
493
618
2,433
2,074
647
761
654
1,864
1,651
4,583
3,140
436
620
1,052
675
776
779
4,247
3,027
1,123
1,258
1,039
2,853
2,927
8,682
5,368
753
993
1,665
1,044
1,221
1,311
7,397
4,434
1,168
1,210
1,078
3,011
2,971
9,455
5,777
807
1,037
1,756
1,108
1,292
1,273
7,696
4,578
1,205
1,256
1,124
3,241
3,187
10,046
6,208
872
1,103
1,841
1,179
1,357
1,310
8,080
4,838
1,301
1,327
1,190
3,549
3,589
11, 239
6,969
975
1,212
1,966
1,273
1,432
1,380
8,862
5,245
1,358
1,404
1,266
3,834
3,925
12,304
7,750
1,069
1,240
2,102
1,400
1,512
1,447
9,362
5,574
.13
.14
.14
.33
.17
.54
.40
.09
.10
.24
.15
.16
.20
.78
.66
.16
.17
.15
.46
.47
1.48
.93
.13
.15
.25
.17
.18
.17
1.13
.67
5.51
5.05
4.57
5.86
9.04
8.99
8.31
5.81
6.12
4.60
4.91
4.99
3.77
6.03
4.39
1.28
1.17
1.06
1.36
2.09
2.08
1.92
1.34
1.42
1.06
1.14
1.15
.87
1.40
1.02
2,020
490
783
1,505
1,063
982
2,098
756
1,676
1,152
419
904
614
380
2,506
2,882
1,040
1,204
2,457
1,404
1,206
2,407
1,195
2,622
1,514
525
1,190
856
550
3,993
4,307
1,690
1,939
3,863
2,046
1,782
3,160
1,803
3,904
2,245
727
1, 727
1,231
807
5,787
4,524
1,761
1,979
3, 930
2,135
1,890
3,362
1,870
4,025
2,255
739
1,765
1,227
788
5,715
4,734
1,836
2,096
4,127
2,275
1,977
3,529
1,976
4,124
2,373
762
1,861
1,302
851
5,996
5,179
1,967
2,313
4,487
2,452
2,150
3,750
2,154
4,392
2,540
793
1,972
1,370
882
6,327
5,651
2,051
2,471
4,882
2,606
2,282
3,939
2, 287
4,597
2,779
889
2,197
1,551
1,048
6,784
.64
.16
.25
.48
.34
.31
.67
.24
.54
.37
.13
.29
.20
.12
.80
.68
.25
.30
.59
.31
.28
.48
.28
.55
.34
.11
27
'.19
.13
.82
4.58
6.43
5.13
5.25
3.98
3.74
2.78
4.93
4.48
3.90
3.32
3.93
4.11
4.52
4.43
1.06
1.49
1.19
1.21
.92
.86
.64
1.14
1.04
.90
.77
.91
.95
1.04
1.02
907
3,093
1,842
2,367
507
7,361
1,352
7,694
438
1,911
9,800
1,017
1,641
1,538
916
1,304
4,643
2,792
3, 736
574
9,171
1,869
11, 374
601
2,506
13, 921
1,552
2,292
2,233
1,386
1,797
6,447
4,233
5,445
792
12, 065
2,622
16, 022
920
3,682
21, 656
2,433
3,51
3,59
2,03
1,743
6,568
4,245
5,586
845
12, 380
2,616
15, 963
924
3,764
21, 124
2,42
3,536
3,55
2,03
1,838
6,646
4,361
5,793
907
12, 561
2,674
16, 111
95
3,87
22,06
2,604
3,63
3,73
2,13
1,934
6,945
4,492
6,183
1,003
13, 269
2,856
16, 881
996
4,13
23,84
2,81
3,94
4,03
2,28
2,122
7,314
4,674
6,479
1,021
13, 775
3,044
17, 695
1,103
4,42
25,25
2,99
4,17
4,25
2,50
.29
.99
.59
.76
.16
2.35
.43
2.45
.14
.61
3.13
.32
.52
.49
.29
.26
.88
.56
.78
.12
1.66
.37
2.13
.53
3.05
.36
.50
.51
.30
3.77
3.81
4.13
4.47
3.09
2.76
3.59
3.6
4.1
3.7
4.2
4.8
4.1
4.5
4.4
.87
.88
.96
1.04
.71
.64
.83
.85
.95
.86
.97
1.11
.96
1.05
1.03
1,33
16, 836
1,18
1,13
54
48
96
60
3,79
1,305
45
1,79
24,97
1,51
1,46
783
58
1,39
97
5,64
1,85
64
2,60
34,49
2,15
2,16
1,11
85
2,02
1,48
7,604
2,61
91
2,57
34,74
2,21
2,17
1,14
90
2,02
1,59
7,83
2,70
96
2,66
35,66
2,34
2,20
1,15
90
2,05
1,606
7,90
2,76
1,004
2,90
37,21
2,46
2,35
1,22
97
2,18
1,67
8,37
2,95
1,07
3,100
38,79
2,73
2,60
1,36
1,08
2,36
1,77
8,83
3,12
1,15
.43
5.3
.3
.3
.1
.1
.3
.1
1.2
.4
.1
.3
4.6
.3
.3
.1
.1
.2
.2
1.0
.3
.1
3.7
3.7
3.7
3.6
4.06
3.5
4.00
4.7
3.7
3.8
4.1
.86
.86
.86
.85
.94
.82
.93
1.11
.87
.S
!96
480,053
.15
SUEVEY OF CUKKENT BUSINESS
November 1975
23
and Per Capita Income, BEA Economic Areas
Population
Percent of United
States
Thousands of persons
1962
1950
1970
Per capita income
1972
1973
1950
Annual compound
growth rate
Relative to United
States
Percent
1950-73
1973
1967 Dollars
Relative to
United States
1950-73
1950
1962
1970
1972
1950
1973
185,708
203,795
208,217
209,832
100.00
100.00
1.42
1.00
2,065
2,585
3,509
3,765
3,953
1.00
1.00
313
656
436
342
714
453
325
743
504
334
766
519
338
778
525
.21
.43
.29
.16
.37
.25
.33
.75
.82
3.40
1.37
3.10
1.45
1.10
14, 215
5,517
473
430
772
704
16, 956
6,659
18, 313
7,304
18, 383
7,397
18, 191
7,405
9.36
3.63
8.67
3.53
2,932
3,264
3,277
4,100
4,143
3,822
3,534
4,361
3,837
3,597
3,148
3,496
3,440
4,874
4,227
1.12
1.12
461
420
767
692
.66
.70
.49
.86
.23
.21
.37
.34
2,711
3,170
3,158
3,974
3,985
3,720
3,402
4,194
3,667
3,447
2,956
3,292
3,236
4,741
4,098
1.04
1.05
445
408
740
680
.75
.77
.48
.99
.27
.26
.44
50
2,597
3,059
3,027
3,806
3,882
3,543
3,246
3,968
3,503
3,222
2,756
3,194
2,960
4,499
3,803
1.08
1.19
1.01
1,815
6,498
3,034
1,384
1,467
1,026
1,796
1,814
2,229
2,086
2,831
2,947
2,582
2,461
2,952
2,587
2,330
1,974
2,360
2,034
3,457
2,891
.74
.83
.83
6,484
3,032
1,382
1,470
1,025
1,810
1,427
1,763
1,571
2,226
2,461
2,091
1,966
2,310
2,306
2,024
1,706
1,859
1,692
2,743
2,365
.69
.85
.76
6,361
2,976
1,335
1,448
1,018
1,792
.24
.53
.58
.71
1,427
1,936
1,661
1,619
2,408
2,462
1,727
2,681
3,097
1,772
2,735
3,204
1,781
2,758
3,216
.94
.85
1.28
1.09
1.31
1.53
1,111
1,526
1,012
1,236
1,626
1,027
1,238
1,660
1,045
1,261
1,689
1,057
1,333
1,146
1,494
1,179
1,540
1,192
1,564
1,944
2,191
2,741
1,464
1,481
1,694
1,802
1,270
1,379
1,622
1,589
1,237
1,440
1,167
903
2,306
2,625
3,213
1,868
1,900
2,244
2,137
1,677
1,702
2,169
2,008
1,767
1, 882
1,638
1,386
3,307
3,550
4,352
2,774
2,793
3,359
3,038
2,705
2,654
3,186
3,000
2,574
2,824
2,670
2,258
3,496
3,817
4,790
3,025
3,039
3,699
3,440
3,006
2,962
3,509
3,334
2,901
3,068
2,916
2,553
3,704
3,954
4,990
3,217
3,241
3,877
3,546
3,155
3,104
3,643
3,431
3,082
3,207
3,069
2,787
1,703
1,747
1,574
1,964
2,305
2,453
2,204
1,369
1,859
1,554
1,460
1,605
1,683
2,264
1,790
2,705
2,614
2,570
2,848
3,121
3,853
3,186
2,334
2,696
2,551
2,395
2,595
2,600
3,338
2,649
2,910
2,914
2,871
3,215
3,543
4,283
3,476
2,692
3,004
2,786
2,670
2,825
2,896
3,665
2,976
3,015
3,068
3,027
3,350
3,637
4,453
3,614
2,861
3,044
2,959
2,899
2,982
3,053
3,756
3,126
1,288
1,257
1,183
1,189
1,375
1,032
1,862
1,517
1,634
2,062
1,948
1,835
2,245
1,729
1,764
1,790
1,873
1,601
1,535
1,745
1,700
2,309
2,029
2,144
2,514
2,362
2,396
2,819
2,652
2,617
2,746
2,745
2,352
2,470
2,558
2,472
3,286
2,918
2,918
3,591
3,138
3,135
3,537
2,962
2,849
3,075
3,029
2,586
2,720
2,769
2,734
3,563
3,246
3,096
3,963
3,503
3,453
3,845
3,215
2,966
3,230
3,252
2,724
2,879
2,923
2,878
3,720
3,540
3,495
4,411
3,958
4,116
4,096
1.09
1.12
1.00
1.04
1.04
2,068
2,141
2,334
1,848
1,343
2,051
2,127
2,440
1,912
2,330
2,668
1,728
1,962
2,104
2,065
2,583
2,583
2,700
2,356
1,756
2,489
2,474
2,844
2,312
2,560
3,002
2,170
2, 258
2,486
2,592
3,154
3,471
3,656
3,164
2,575
3,327
3,390
3,747
3,344
3,565
4,049
3,028
3,141
3,432
3,408
3,444
3,650
3,851
3,413
2,930
3,558
3,658
3,992
3,555
3,847
4,542
3,392
3,415
3,842
3,746
3,801
3,830
4,017
3,557
2,990
3,719
3,906
4,178
3,931
4,089
4,814
3,540
3,557
4,027
4,083
1.00
1.04
1.13
1.02
1.03
1.18
1.06
1.13
1.29
1.03
1.22
.84
.95
.90
.90
.02
.03
2,358
2,778
2, 276
2,286
2,240
1,743
2,411
1,850
2,543
1,715
1,479
2,596
3,322
2,602
2,653
2,655
1,989
2,764
2,504
2,962
2,178
1,985
3,446
4,234
3,519
3,584
3,470
2,998
3,600
3,487
3,780
2,918
2,735
3,822
4,492
3,786
3,869
3,650
3,151
3,911
3, 599
3,983
3,098
2,931
4,047
4,712
4,207
4,282
4,116
3,530
4,234
3,743
4,219
3,268
3,126
1.14
1.35
1.10
1.11
1.08
.02
.19
.06
.08
1.04
1.17
1.07
1.23
1.07
724
1,503
412
387
662
757
337
717
784
838
1,353
374
866
1,139
358
676
468
396
5,802
2,637
1,276
1,392
888
373
799
935
457
380
436
415
949
716
432
463
419
447
455
415
1,058
1,104
1,013
2,624
2,005
1,475
1,619
1,584
899
826
1,526
732
900
760
256
438
315
207
490
393
820
612
402
1,868
1,425
1,197
484
411
853
368
756
560
410
290
380
367
671
306
786
707
259
207
667
440
438
426
498
607
396
833
473
429
777
706
402
856
636
413
414
862
501
407
866
644
420
1.36
2.31
.42
1.63
.30
1,667
1,706
1,748
1,757
1.04
.45
.32
1,275
.48
.59
.50
.17
.29
.21
.14
.74
.84
.33
.37
.72
.46
.38
.64
.38
.59
.37
.12
.24
.19
.12
.79
.29
.95
.52
.84
.25
.27
.91
.55
.87
.16
2.36
1.77
2.08
2.02
590
672
1,312
877
786
673
721
1,431
908
765
690
752
1,482
948
791
692
765
957
793
1.01
1,501
1,380
1,315
1,355
1,347
1,135
1,225
1,233
1,236
703
747
245
474
362
230
757
773
253
492
391
251
788
782
256
498
391
255
795
785
254
498
392
255
1,281
1,798
1,034
1,586
1,892
1,161
1,765
1,903
1,167
1,812
1,910
1,163
1,822
3,590
3,685
3,721
3,729
3,704
3,154
3,999
4,260
4,229
4,235
4,638
1,056
5,217
1,074
5,249
1,081
5,247
1,015
1,126
1,036
1,156
1,049
1,175
1,057
327
755
260
979
715
898
534
690
7,517
580
552
295
294
506
389
1,904
852
327
328
771
276
800
598
342
781
280
831
609
748
760
8,205
8,286
629
606
331
303
561
457
652
609
337
310
559
465
2,072
2,102
928
351
953
366
.19
.25
.24
.44
.20
.52
.47
.17
.14
.44
.29
.29
.28
.97
.33
.40
.79
.59
.54
789
761
307
.26
1.93
.56
1.08
1.40
.85
558
1,491
1.27
.68
.90
.99
.98
.39
.77
.99
.18
1.28
1.40
1.39
1.19
1,656
520
498
245
280
399
326
.97
.64
.57
.89
1.07
561
6,061
.90
.81
1.26
1.79
.68
1.09
2.06
2,492
1,783
1,646
567
.97
1.55
2.91
.76
.91
2,418
1,763
553
588
837
731
444
-.32
1.08
1.29
.55
.43
.32
.47
2,305
1,729
1,616
3,673
.78
.61
.46
.67
1,876
1,691
374
407
710
483
507
474
505
229
820
1.08
362
403
706
477
507
477
1,144
1,079
2,763
2,144
1,416
636
1.53
.62
.70
346
385
688
463
498
490
319
333
677
463
484
463
952
2,454
1,813
450
458
418
438
378
.20
.41
.50
.60
.81
.24
.57
.75
.19
.41
.31
.20
1.16
.87
.99
1,361
1,189
1,232
1,542
1,751
2,162
1,750
1,124
1,527
1,121
1,055
1,126
1,449
1,650
1,281
1,116
1,445
.22
.47
.52
.55
.89
.25
.57
.75
.24
.45
.31
.26
1.01
1.65
341
779
281
846
613
766
8,233
651
609
333
308
560
473
2,095
957
370
.42
.15
.54
2.42
.39
.55
.48
.29
.22
.22
.20
.55
.51
1.32
1.02
.18
.19
.34
.23
.24
.23
.37
.13
.52
2.50
.40
.56
.50
.29
.37
.37
3.99
3.92
.34
.33
.16
.19
.26
.22
.98
.50
.20
.31
.29
.16
.15
.27
.23
1.00
.46
.18
.81
.57
2.35
5.63
5.62
4.94
1.60
2.98
.27
.40
.64
.46
1.44
1.01
.99
.27
-.18
-.54
.36
1.39
.14
-.04
.57
.40
1.66
3.97
3.97
3.49
1.13
2.10
.19
.28
.45
.32
1.01
.71
.70
.19
.25
.98
.10
.56
.96
.91
.39
.67
.64
1.73
1.22
1.06
1.22
1.70
1.54
-.44
.75
.86
.14
.89
1.29
.89
1.21
1.56
1.59
1.49
1.62
1.41
1.32
1.34
.98
.88
1.34
.40
1.48
1.63
1.49
1.00
.80
1.20
1.09
.10
.63
.91
.63
.85
1.10
1.13
1.05
1.14
1.00
.93
.95
.69
.62
.95
.29
1.05
1.15
1.05
.71
.57
983
No.
1973
151, 871
5,163
2,085
1,133
1,170
Area
.95
.97
.89
.98
.83
.90
.82
.97
.91
.80
.88
.87
1.33
1.15
1.23
1.07
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
.94
.94
1.06
1.33
1.00
1.26
.66
.58
.60
.75
.85
.76
.78
.77
.85
.92
1.05
1.13
.62
.48
.62
.61
.57
.58
.67
.50
.90
.73
.79
.81
.75
.82
.82
.69
.73
.74
.73
.94
.90
.88
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
.96
.97
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
.71
.72
.82
.87
.62
.67
.79
.77
.60
.70
.57
.44
.85
.54
.74
.54
.51
.55
.70
.80
.62
1.00
.94
.89
.89
.65
.99
.93
1.02
1.00
.84
.90
.83
.72
.81
.82
.98
.90
.80
.79
.92
.87
.78
.81
.78
.71
.91
.72
.77
.75
.73
.75
.77
.95
.79
.90
.76
.94
.99
.99
.89
.95
.83
.79
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
76
77
78
79
80
81
82
83
84
85
86
SURVEY OF CURRENT BUSINESS
24
November 1975
Table 6.—Total Personal Income, Population,
Total personal income
Millions of 1967 dollars
Area
No.
Percent of United
States
Area title
1950
1962
1969
1970
1971
1972
1973
1950
87
88
89
90
91
92
93
94
95
96
97
98
99
100
Duluth-Superior Minn -Wis
Eau Claire, Wis
La Crosse, Wis
Rochester Minn
Minneapolis-St. Paul, Minn
Grand Forks, N. Dak
Minot N Dak
Great Falls, Mont
Billings, Mont
Bismarck N. Dak
Fargo-Moorhead, N. Dak. -Minn..
Aberdeen S Dak
Sioux Falls, S. Dak
...
Rapid City S Dak
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
Scottsbluff Nebr
Grand Island Nebr
Sioux City, lowa-Nebr .
Fort Dodge Iowa
Waterloo, Iowa
Des Moines Iowa
Omaha Nebr. -Iowa
Lincoln, Nebr
Salina Kans
Wichita, Kans
.
Kansas City, Mo.-Kans. .
Columbia Mo
Quincy, 111
- St Louis Mo -111
Paducah, Ky
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
Springfield, Mo
Little Rock-North Little Rock Ark
Fort Smith, Ark. -Okla .
Tulsa, Okla
Oklahoma City Okla
Wichita Falls, Tex
Amarillo, Tex
.
_ _
Lubbock Tex
Odessa, Tex
._....
Abilene Tex
San Angelo, Tex
-_ .
Dallas Tex
Killeen-Temple Tex
Austin Tex
Tyler Tex
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
Texarkana Tex -Ark
Shreveport La
Monroe, La
Greenville Miss
Jackson Miss
- Meridian Miss
Mobile Ala
New Orleans, La
Lake Charles La
Beaumont-Port Arthur-Orange Tex.
Houston, Tex
San Antonio Tex
Corpus Christi Tex
McAllen-Pharr-Edinburg, Tex
El Paso Tex
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
Albuquerque, N. Mex
Colorado Springs Colo
Denver, Colo
Grand Junction Colo
Cheyenne, Wyo
Salt Lake City, Utah
Idaho Falls Idaho
Butte Mont
Spokane Wash
Seattle-Everett, Wash
Yakima Wash
Portland Oreg.-Wash
Eugene, Oreg
Boise City, Idaho
..
Reno Nev
161
162
163
164
165
166
167
168
169
170
171
172
173
Las Vegas, Nev
_
Phoenix Ariz
Tucson, Ariz
San Diego, Calif
Lcs Angeles-Long Beach, Calif
Fresno, Calif
StocKton, Calif
Sacramento, Calif
_
Redding, Calif
Eureka, Calif
San Francisco-Oakland, Calif
Anchorage, Alaska
Honolulu, Hawaii
._
. . ._ . ._.
. _
.
-
-
_
.
_ __
._
. .. _ .
.. _ . _ _
_ _ _ _ _ - _ - - . -
.
._
_
. __
- - - -
. ..
_
.
_ - -
_ - -..
...__
-
_ _..
._....
.
...
NOTE.—Details may not add to totals due to rounding.
1973
Annual compound
growth rate
Percent
1950-73
Relative to
United States
1950-73
757
291
392
396
4,361
358
327
496
451
228
562
240
630
387
962
394
508
569
6,670
518
428
651
600
284
753
268
725
651
1,179
572
724
776
10, 037
560
495
713
727
380
931
349
1,024
627
1,225
602
756
814
10,428
609
478
764
773
380
952
354
1,054
641
1,252
630
777
811
10, 621
676
487
752
780
411
1,030
371
1,029
681
1,315
662
821
874
11,155
763
573
839
876
479
1,139
404
1,161
762
1,372
699
896
1,008
12, 366
1,046
775
929
953
595
1,539
533
1,415
878
.24
.09
.13
.13
1.39
.11
.10
.16
.14
.07
.18
.08
.20
.12
.17
.08
.11
.12
1.49
.13
.09
.11
.12
.07
.19
.06
.17
.11
2.62
3.89
3.66
4.14
4.64
4.77
3.82
2.77
3.31
4.26
4.48
3.54
3.58
3.63
.61
.90
.85
.96
1.07
1.10
.88
.64
.76
.99
1.04
.82
.83
.84
277
663
944
547
836
1,440
1,362
573
691
1,349
3,659
561
537
5,564
757
265
772
971
568
983
1,877
1,967
779
937
1,965
5,368
701
670
7,890
986
297
1,037
1,344
832
1,333
2,557
2,707
1,076
1,073
2.452
7,609
1,031
927
11,103
1,282
306
1,051
1,311
866
1,392
2,663
2,807
1,106
1,146
2,507
7,874
1,100
947
11,433
1,356
347
1,070
1,322
844
1,363
2,715
2,839
1,102
1,185
2,491
8,175
1,123
969
11,708
1,447
392
1,222
1,526
940
1,521
2,965
3,069
1,200
1,317
2,726
8,699
1,225
1,053
12,230
1,516
456
1,488
1,809
1,242
1,840
3.348
3,370
1.368
1,662
3.082
9.221
1,417
1.214
12,804
1,719
.09
.21
.30
.18
.27
.46
.43
.18
.22
.43
1.17
.18
.17
1.78
.24
.06
.18
.22
.15
.22
.40
.41
.17
.20
.37
1.11
.17
.15
1.54
.21
2.18
3.58
2.87
3.63
3.49
3.74
4.02
3.86
3.89
3.66
4.10
4.11
3.61
3.69
3.63
.50
.83
.66
.84
.81
.86
.93
.89
.90
.85
.95
.95
.84
.85
.84
1,170
937
306
1,403
1,600
764
912
539
456
488
254
3,359
553
543
659
1,536
1,450
458
2,069
2,348
1,021
1,244
871
843
613
273
5,582
840
847
959
2,102
2,221
644
2,985
3,374
1,386
1,496
949
973
738
355
9,526
1,161
1,462
1,415
2,180
2,343
671
3,067
3,576
1,399
1,626
1,029
991
780
367
9,855
1,241
1,572
1,475
2,262
2,457
700
3,127
3,703
1,388
1,556
991
969
780
379
9,867
1,224
1,654
1,500
2,452
2,696
765
3.357
3,965
1,446
1,618
1,036
1,078
886
419
10, 548
1,393
1,824
1,632
2.705
3,023
821
3,581
4,272
1.626
2,038
1,374
1.230
1.008
464
11,060
1,498
1,941
1,736
.37
.30
.10
.45
.51
.24
.29
.17
.15
.16
.08
1.07
.18
.17
.21
.33
.36
.10
.43
.52
.20
.25
.17
.15
.12
.06
1.33
.18
.23
.21
3.71
5.23
4.39
4.16
4.36
3.34
3.56
4.15
4.41
3.20
2.66
5.32
4.42
5.70
4.30
.86
1.21
1.02
.96
1.01
.77
.82
.96
1.02
.74
.62
1.23
1.02
1.32
1.00
364
661
561
639
564
401
752
2,520
671
546
2,902
1,428
621
359
852
482
862
785
827
832
561
1,237
3,927
1,167
873
4,728
2,154
900
479
1,445
796
1,196
1,165
1,107
1,271
811
1,788
6,056
1,776
1,175
7,849
3,418
1,257
632
1,861
811
1,220
1,206
1,177
1,316
849
1,832
6,219
1,836
1,227
8,407
3,570
1,318
673
1,872
853
1,259
1,293
1,209
1,391
893
1,894
6,432
1,893
1,244
8,672
3,737
1,334
712
1,928
912
1,345
1,370
1,296
1,515
978
2,077
6,860
2,000
1,306
9,369
4,010
1,427
773
2,051
954
1,401
1,489
1,474
1,636
1,039
2,210
7,111
2,176
1, 352
9,976
4,232
1,497
867
2,214
.12
.21
.18
.20
.18
.13
.24
.80
.21
.17
.93
.46
.20
.12
.27
.12
.17
.18
.18
.20
.13
.27
.86
.26
.16
1.20
.51
.18
.11
.27
4.28
3.32
4.33
3.70
4.74
4.23
4.80
4.61
5.25
4. 02
5.52
4.84
3.90
3.91
4.24
.99
.77
1.00
.86
1.10
.98
1.11
1.07
1.21
.93
1.28
1.12
.90
.90
.98
549
585
1,922
275
451
1,323
436
405
1,220
3,655
782
2,651
814
384
296
1,120
1,012
3,602
517
616
2,288
640
509
1,616
5,804
1,000
3,689
1,099
624
554
1,489
1,423
5,215
626
728
2,930
829
634
2,131
9,032
1,225
5,530
1,520
788
811
1,586
1,519
5,580
655
780
3,099
865
663
2,137
8,911
1,235
5,673
1,573
830
852
1,677
1,582
6,056
701
111
3,248
887
672
2,274
8,856
1,294
5,915
1,677
878
917
1,840
1,757
6,693
773
838
3,545
949
732
2,459
9,163
1,415
6,392
1,843
952
1,012
1,928
1, 886
7,130
850
876
3,781
1,121
766
2,669
9,670
1,587
6,840
1,967
1,076
1,093
.18
.19
.61
.09
.14
.42
.14
.13
.39
- 1.17
.25
.85
.26
.12
.09
.23
.23
.86
.10
.11
.46
.14
.09
.32
1.17
.19
.83
.24
.13
.13
5.61
5.22
5.86
5.03
2.93
4.67
4.19
2.81
3.46
4.32
3.12
4.21
3.91
4.58
5.85
1.30
1.21
1.36
1.16
.68
1.08
.97
.65
.80
1.00
.72
.97
.90
1.06
1.35
196
1,016
370
1,308
13, 507
1,581
960
1,280
335
219
8,088
444
954
716
2,516
943
3,137
28, 298
2,392
1,465
2,762
430
322
14, 612
753
1,836
1,166
4,045
1,337
5,073
41, 385
3,133
2,068
3,636
545
385
21, 540
1,164
2,860
1,221
4,377
1,434
5,241
42, 155
3,243
2,122
3,782
549
384
22, 057
1,250
3,117
1,294
4,696
1,570
5,427
42, 519
3,386
2,233
3,977
595
412
22, 600
1,319
3,211
1,387
5,217
1,727
5,787
44, 995
3.599
2,387
4,249
621
431
23, 889
1,405
3,421
1,483
5,713
1,857
6,004
46, 483
3,897
2,546
4,451
661
451
24, 696
1,535
3,593
.06
.32
.12
.42
4.31
.50
.31
.41
.11
.07
2.58
.14
.30
.18
.69
.22
.72
5.60
.47
.31
.54
.08
.05
2.98
.19
.43
9.19
7.80
7.26
6.85
5.52
4.00
4.33
5.57
3.00
3.19
4.97
5.54
5.93
2.13
1.80
1.68
1.59
1.28
.93
1.00
1.29
.69
.74
1.15
1.28
1.37
November 1975
SUEVEY OF CURRENT BUSINESS
25
and Per Capita Income, BEA Economic Areas—Continued
Per capita income
Population
Percent of United
States
Thousands of persons
1950
1962
1970
1972
1973
1950
1973
Annual compound
growth rate
Percent
1950-73
419
206
255
201
2,175
230
179
188
214
148
339
152
361
209
448
208
259
235
2,623
227
195
240
246
149
342
141
377
259
430
220
270
246
2,943
221
183
224
248
145
336
134
366
233
434
232
275
252
2,995
231
186
229
255
147
342
134
368
242
432
234
278
251
3,015
233
184
233
260
147
342
135
367
243
.28
.14
.17
.13
1.43
.15
.12
.12
.14
.10
.22
.10
.24
.14
.21
.11
.13
.12
1.44
.11
.09
.11
.12
.07
.16
.07
.18
.12
.13
.56
.37
.97
1.43
.05
.11
.92
.85
-.01
.04
-.49
.06
.66
115
337
482
283
402
729
632
302
378
604
1,780
371
301
2,589
629
119
333
470
276
425
759
744
329
390
749
2,087
364
298
2,999
567
106
323
455
267
427
785
800
324
349
728
2,255
398
300
3,255
560
104
329
459
269
433
805
833
335
348
721
2,299
408
297
3,260
579
104
327
455
265
428
803
837
335
347
716
2,310
414
297
3,244
579
.08
.22
.32
.19
.27
.48
.42
.20
.25
.40
1.17
.24
.20
1.71
.41
.05
.16
.22
.13
.20
.38
.40
.16
.17
.34
1.10
.20
.14
1.55
.28
-.43
-.13
-.24
-.28
.27
.42
1.22
.45
-.37
.74
1.14
.48
-.06
.99
-.36
839
776
289
813
997
427
371
254
209
293
136
1,587
355
420
542
791
805
278
925
1,079
495
473
342
335
302
132
2,173
392
469
530
832
868
290
1,017
1,161
457
439
330
320
266
125
2,746
405
562
555
873
910
303
1,044
1,206
448
443
341
322
274
126
2,771
431
608
579
887
927
305
1,061
1,224
449
441
339
319
269
127
2,821
452
635
589
.55
.51
.19
.54
.66
.28
.24
.17
.14
.19
.09
1.05
.23
.28
.36
.42
.44
.15
.51
.58
.21
.21
.16
.15
.13
.06
1.35
.22
.30
.28
.25
.77
.25
1.16
.89
.23
.75
1.27
1.85
-.36
-.30
2.53
1.06
1.81
.36
365
394
484
614
464
418
525
1,536
535
300
1,257
853
407
323
445
315
454
522
559
503
410
695
1,915
700
389
1,908
1,128
497
368
684
331
454
534
508
511
394
725
2,154
752
396
2,371
1,234
518
356
685
343
460
547
501
519
400
746
2 212
761
400
2,480
1,285
541
384
710
346
461
547
503
533
409
764
2,224
758
397
2,549
1,315
541
399
725
.24
.26
.32
.40
.31
.28
.35
1.01
.35
.20
.83
.56
.27
.21
.29
.17
.22
!26
.24
.25
.20
.36
1.06
.36
.19
1.22
.63
.26
.19
.35
-.24
.69
.54
-.86
.60
-.10
1.65
1.62
1.53
1.22
3.12
1.90
1.25
.93
2.15
363
348
838
177
183
720
253
199
568
1,538
367
1,194
365
206
105
522
442
1,293
245
230
967
296
217
667
1,957
396
1,390
479
251
181
577
507
1,534
259
230
1,068
304
236
688
2,367
407
1,644
544
267
208
612
538
1,635
272
238
1,129
317
243
713
2,337
416
1,714
567
285
227
634
565
1, 706
281
242
1,152
323
249
724
2,336
418
1,733
587
296
236
.24
.23
.55
.12
.12
.47
.17
.13
.37
1.01
.24
.79
.24
.14
.07
.30
.27
.81
.13
.12
.55
.15
.12
.35
1.11
.20
.83
.28
.14
.11
88
546
210
562
5,205
744
439
543
132
83
2,970
135
499
203
1,079
392
1,125
8,822
966
570
961
164
130
4,334
246
653
320
1,333
459
1,358
10, 459
1,039
648
1,094
179
122
5,106
304
762
345
1,456
508
1,423
10,571
1,065
663
1,157
184
126
5,223
325
805
355
1,539
534
1,470
10, 633
1,083
678
1,178
191
127
5,292
330
829
.06
.36
.14
.37
3.43
.49
.29
.36
.09
.06
1.96
.09
.33
.17
.73
.26
.70
5.07
.52
.32
.56
.09
.06
2.52
.16
.40
1967 Dollars
Relative to
United States
1950-73
.09
.40
.26
.69
1.01
.04
.08
.65
.60
1950
1962
1970
Relative to United Area
States
No.
1972
1973
1950
1973
1,807
1,415
1,538
1,971
2,005
1, 555
1,829
2,632
2,110
1,541
1,657
1,579
1,744
1,851
2,148
1,891
1, 959
2, 418
2,543
2,287
2,197
2, 715
2,439
1,911
2,200
1,900
1,923
2,517
2,848
2, 731
2,800
3,312
3,543
2,753
2,612
3,416
3,117
2,616
2,830
2,651
2,880
2,751
3,030
2,850
2,987
3,467
3,725
3,305
3,081
3,662
3,436
3,271
3,337
3,003
3,159
3,151
3,177
2,990
3,230
4,011
4,102
4,493
4,219
3,995
3,663
4,037
4,500
3,935
3,858
3,613
.88
.69
.74
.95
.97
.75
.89
1.27
1.02
.75
.80
.76
.84
.90
.80
.76
.82
1.01
1.04
1.14
1.07
1.01
.93
1.02
1.14
1.00
.98
.91
087
088
089
090
091
092
093
094
095
096
097
098
099
100
2,418
1,966
1,959
1,936
2,078
1,974
2,154
1,898
1,828
2,235
2,056
1,511
1,786
2,149
1,203
2,230
2,322
2,067
2, 060
2, 312
2,471
2,644
2,367
2,404
2,623
2,573
1,928
2,244
2,631
1,738
2,896
3,252
2,879
3,247
3,258
3,393
3,511
3,408
3,284
3,442
3,492
2,763
3,162
3,513
2,421
3,774
3,713
3,327
3,500
3,517
3,685
3,687
3,580
3,784
3,779
3,783
3,000
3,543
3,752
2,620
4,385
4,544
3,973
4,685
4,299
4,168
4,027
4,084
4,790
4,307
3,991
3,423
4,091
3,947
2,969
1.17
.95
.95
.94
1.01
.96
1.04
.92
.89
1.08
1.00
.73
.86
1.04
.58
1.11
1.15
1.01
1.19
1.09
1.05
1.02
1.03
1.21
1.09
1.01
.87
1.03
1.00
.75
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
1,395
1,206
1,060
1,725
1,604
1,791
2,459
2,126
2,179
1,669
1,874
2,116
1,560
1,292
1,215
1,942
1,802
1,647
2,236
2,175
2,062
2,629
2,543
2,513
2,027
2,076
2,569
2,145
1,808
1,808
2,620
2,698
2,310
3,017
3,079
3,060
3,702
3,120
3,093
2,937
2,929
3,589
3,062
2,798
2,657
2,808
2,964
2,529
3,217
3,288
3,229
3,656
3,035
3,346
3,239
3,337
3,806
3,232
2,999
2,819
3,048
3,261
2,688
3,374
3,491
3,619
4,623
4,057
3,857
3,747
3,670
3,920
3,312
3,058
2,950
.68
.58
.51
.84
.78
.87
1.19
1.03
1.06
.81
.91
1.02
.76
.63
.59
.77
.82
.68
.85
.88
.92
1.17
1.03
.98
.95
.93
.99
.84
.77
.75
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
1.16
1.15
1.08
.86
2.20
1.34
.88
.65
1.52
995
1,677
1,161
1,041
1,216
957
1,435
1,641
1, 256
1,820
2,308
1,674
1,525
1,111
1,915
1,531
1,899
1,504
1,481
1,656
1,369
1,779
2,051
1,667
2,244
2,478
1,909
1,813
1,302
2,113
2,449
2,688
2,258
2,317
2,575
2,157
2,525
2,887
2,441
3,097
3,546
2,894
2,544
1,889
2,734
2,658
2,922
2,505
2,585
2,917
2,445
2,783
3,101
2,627
3,267
3,778
3,120
2,639
2,011
2,891
2,756
3,037
2,721
2,929
3,072
2,540
2,894
3,197
2,872
3,408
3,915
3,218
2,766
2,170
3,055
.48
.81
.56
.50
.59
.46
.69
.79
.61
.88
1.12
.81
.74
.54
.93
.70
.77
.69
.74
.78
.64
.73
.81
.73
.86
.99
.81
.70
.55
.77
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
2.46
2.13
3.14
2.04
1.22
2.07
1.07
.98
1.06
1.84
.57
1.63
2.08
1.59
3.56
1.73
1.50
2.21
1.44
.86
1.46
.76
.69
.75
1.30
.40
1.15
1.47
1.12
2.51
1,513
1,680
2,293
1,555
2,461
1,838
1,725
2,035
2,148
2,377
2,132
2,219
2,231
1,868
2,805
2,146
2,287
2, 785
2,107
2,677
2,367
2,165
2,344
2,424
2,966
2,525
2,654
2,296
2,489
3,068
2, 749
2,994
3,637
2,524
3, 383
2,901
2,850
2,806
3,106
3,765
3,030
3,451
2,894
3,107
4,088
3,006
3,265
4,093
2,842
3,523
3,140
2,994
3,013
3,452
3,921
3,405
3,730
3,248
3,343
4,459
3,041
3,338
4,180
3,022
3,615
3,283
3,471
3,077
3,688
4,140
3,795
3,946
3,353
3,641
4,639
.73
.81
1.11
.75
1.19
.89
.84
.99
1.04
1.15
1.03
1.07
1.08
.90
1.36
.77
.84
1.06
.76
.91
.83
.88
.78
.93
1.05
.96
1.00
.85
.92
1.17
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
6.28
4.61
4.15
4.27
3.16
1.64
1.91
3.43
1.63
1.85
2.54
3.97
2.23
4.43
3.25
2.93
3.02
2.23
1.16
1.35
2.42
L15
1.31
1.80
2.80
1.58
2,240
1,860
1,767
2,328
2,595
2,124
2,189
2,358
2,542
2,633
.2, 723
3,289
1,912
3,517
2,331
2,409
2,788
3,208
2,476
2,571
2,874
2,622
2,482
3,371
3,060
2,812
3,814
3,285
3,121
3,859
4,030
3,119
3,274
3,458
3,065
3,147
4,320
4,112
4,091
4,027
3,584
3,403
4,067
4,257
3,380
3,603
3, 673
3,368
3,422
4,574
4,325
4,251
4,171
3,713
3,476
4,085
4,372
3,599
3,755
3,779
3,461
3,559
4,666
4,647
4,332
1.08
.90
.86
1.13
1.26
1.03
1.06
1.14
1.23
1.28
1.32
1.59
.93
1.06
.94
.88
1.03
1.11
.91
.95
.96
.88
.90
1.18
1.18
1.10
161
162
163
164
165
166
167
168
169
170
171
172
173
.03
.04
.47
.19
.30
.86
.32
.52
.81
.34
.70
.17
.55
.17
.82
.63
.16
.53
.89
1.30
1.79
.75
1.28
.25
.49
.38
.43
SUKVEY OF CURRENT BUSINESS
26
November 1975
Revised Inventory and Sales Estimates
Manufacturing and trade inventories, sales, and inventory-sales ratios, which are regularly shown on pages S-5 and S-12 of the SURVEY
have been revised.
Retail inventories have been revised to the levels of the Census Bureau's 1974 Annual Retail Trade Survey, which included revised
estimates for 1971-73. Table A shows inventory data that have not been adjusted for seasonal variation; table B shows seasonally adjusted
data.
The revisions in sales reflect the Census Bureau's revised seasonal adjustment of automotive industry data; the revisions begin in
January 1972 for manufacturing and in January 1974 for retail trade. Table C shows sales data, and table D shows inventory-sales ratios.
For convenience, all four tables show data for 1971 to September 1975.
Table A.—Manufacturing and Trade Inventories, Unadjusted
[Millions of dollars]
Retail trade
Manufacturing and
trade, total
Year and month
Total
Durables,
total
Automotive
dealers
Furniture,
home
furnishings,
and equipment stores
Lumber,
building
materials,
hardware
dealers *
Nondurables, Apparel and
total
accessory
stores
Food
stores
General
merchandise
group
Dept. stores
1971
Jan
Feb..
Mar
Apr
May
June.
175,350
177, 224
179, 599
181, 137
181, 725
180, 840
45, 610
47, 253
49, 588
50, 556
50,720
50, 581
20, 484
21,621
22, 775
23,358
23,770
23, 788
9,561
10, 498
11,361
11, 772
12, 113
12, 254
3,324
3,384
3,458
3,537
3,528
3,511
2,748
2,853
3,023
3,063
3,141
3,142
25, 126
25, 632
26, 813
27, 198
26, 950
26, 793
4,057
4,165
4,440
4,468
4,395
4,345
4,987
4,973
5,162
5,212
5,233
5,274
9,890
10, 260
10,818
11, 105
11, 128
11,011
5,958
6,136
6,540
6,673
6,674
6,544
180, 189
179, 690
181, 196
183, 786
185, 141
183, 072
50, 414
49, 887
51, 626
52, 985
53, 827
51, 247
23,447
22, 313
23, 089
23, 305
23, 556
23, 356
11, 927
10, 729
11, 391
11, 420
11, 445
11, 540
3,483
3,521
3,572
3,633
3,718
3,565
3,140
3,102
3,144
3,221
3,239
3,247
26, 967
27, 574
28, 537
29, 680
30, 271
27, 891
4,386
4,617
4,793
4,930
5,038
4,447
5,290
5,255
5,321
5,507
5,699
5,586
11, 108
11,414
12, 103
12, 792
13, 010
11,331
6,595
6,760
7,240
7,714
7,911
6,753
183, 974
185, 742
187,887
189, 476
190, 493
189, 898
51, 058
52, 228
53,989
154, 871
65,284
54, 850
23, 734
24, 324
25, 132
25, 618
25, 904
25, 645
11, 773
12, 148
12,611
12, 814
12, 961
12,704
3,558
3,675
3,813
3,943
3,995
4,001
3,352
3,457
3,556
3,624
3,665
3,623
27, 324
27, 904
28, 857
29, 253
29, 380
29, 205
4,298
4,474
4,669
4,740
4,667
4,585
5,433
5,440
5,572
5,597
5,644
5,625
11, 203
11,609
12, 249
12, 456
12, 579
12, 556
6,705
6,880
7,331
7,449
7,579
7,525
189, 148
189, 503
191, 460
195,333
198, 213
196, 098
54, 104
53, 170
54, 850
56,981
58, 914
55, 752
24, 669
22, 967
23,801
24, 465
25, 525
25, 557
11, 783
9,955
10,709
11, 105
11,724
12, 034
4,049
4,080
4,208
4,311
4,482
4,354
3,600
3,594
3,622
3,636
3,711
3,694
29, 435
30, 203
31,049
32, 516
33,389
30, 195
4,679
4,918
5,132
5,280
5,398
4,655
5,651
5,721
5,735
5,990
6,131
5,965
12, 632
13, 051
13, 524
14, 261
14, 749
12, 455
7,472
7,758
8,074
8,653
9,120
7,481
198, 630
201, 951
205, 294
207, 324
209, 225
210, 288
56, 137
57, 976
59, 885
61, 149
61,714
62,092
25, 999
26, 990
27, 862
28, 561
29, 072
29, 417
12, 399
13, 123
13, 720
14, 062
14, 346
14, 705
4,360
4,368
4,420
4,550
4,632
4,613
3,834
4,078
4,297
4,504
4,631
4,631
30, 138
30, 986
32, 023
32, 588
32, 642
32, 675
4,457
4,732
4,961
5,021
4,960
4,951
5,850
5,866
6,039
6,173
6,197
6,331
12, 751
13, 261
13, 815
14, 067
14,093
14, 058
7,604
7,866
8,252
8,379
8,366
8,261
210, 520
210, 618
212, 885
217, 825
222, 706
222, 531
61, 764
60, 731
62, 012
64, 502
66, 856
63, 661
29, 075
27, 049
27, 534
28, 282
29, 346
29,094
14, 557
12, 454
12, 849
13, 358
14, 236
14, 635
4,564
4,591
4,633
4,765
4,860
4,637
4,661
4,660
4,660
4,732
4,732
4,150
32, 689
33, 682
34, 478
36, 220
37, 510
34, 567
4,978
5,229
5,384
5,634
5,808
5,151
6,256
6,376
6,541
6,771
7,005
6,968
14, 184
14, 619
14, 946
16,044
16,382
14, 434
8,372
8,700
8,806
9,447
9,543
8,422
226, 090
230, 561
235,364
238, 059
241, 577
244, 430
63, 580
65, 027
67, 201
67, 917
68, 437
68,714
29, 351
30, 092
30,834
31,111
31, 262
31, 462
14, 940
15, 420
15, 515
15, 498
15, 434
15, 518
4,620
4,650
4,781
4,897
4,962
4,986
4,893
4,935
4,974
4,992
4,956
4,974
34, 229
34, 935
36, 367
36,806
37, 175
37, 252
4,919
5,043
5,335
5,305
5,293
5, 205
6,865
6,951
7,278
7,214
7,311
7,279
14, 711
15, 058
15, 784
16, 225
16, 532
16,706
8,610
8,828
9,362
9,689
9,842
9,856
247, 390
249, 621
255, 426
264, 034
269, 561
268, 513
68, 501
67, 613
70, 166
74, 316
76, 738
72, 056
30, 524
28, 903
29, 920
32, 034
33,714
33,747
14, 750
12, 941
13, 869
15, 500
16, 931
17, 255
5,041
5,124
5,211
5,350
5,417
5,186
4,736
4,736
4,684
4,427
4,433
4,425
37, 977
38,710
40, 246
42, 282
43, 024
38,309
5,260
5,507
5,792
6,009
6,054
5,280
7,464
7,367
7,484
7,803
8,159
8,130
17, 035
17, 456
18, 202
19, 353
19, 403
15, 540
9,929
10, 232
10,759
11, 646
11,934
9,246
Jan._
Feb
Mar
Apr..
May
June
269, 553
270, 157
270, 344
269,779
266, 735
264, 342
71, 028
71, 346
72, 475
72, 847
72, 050
71, 669
33, 717
33, 196
33, 499
33, 852
33,604
33,419
17, 226
16, 371
16, 720
17,033
16, 814
16, 562
4,964
4,845
4,732
4,686
4,658
4,662
4,477
4,590
4,675
4,731
4,769
4,755
37, 311
38, 150
38, 976
38, 995
38, 446
38, 250
5,098
5,326
5,512
5,515
5,488
5,353
7,797
7,840
7,900
7,883
7,865
7,865
14, 997
15, 313
16, 056
16, 169
15, 870
15, 765
8,788
8,920
9,505
9,631
9,540
9,373
July
Aug _ _
Sept.*
262, 275
260, 949
262, 169
71,268
70, 295
72, 216
32, 725
31, 243
31, 984
16,096
14, 738
15,321
4,640
4,658
4,725
4,642
4,673
4,650
38, 543
39, 052
40, 232
5,377
5,508
5,815
7,889
7,896
8,074
15, 954
16,310
16, 872
9,478
9,772
10, 222
-.
July
Aug
Sept
Oct
Nov
Dec.
1972
Jan
Feb..
.... _
Mar
Apr.
May .-.
. _
June
July
Aug
Sept
Oct
Nov
Dec
.. .
.-.
1973
Jan
Feb....
Mar....
AprMay
June
July
Aug
Sept..
Oct
Nov
Dec
1974
..
..
..
Jan.. .
Feb
Mar
Apr..
May__
June
July
Aug
Sept
Oct.
Nov _..
Dec
..
...
.
1975
» Preliminary.
1. Excludes farm equipment dealers.
SURVEY OF CURRENT BUSINESS
November 1975
27
Table B.—Manufacturing and Trade Inventories, Seasonally Adjusted
[Millions of dollars]
Retail trade
Manufacturing and
trade, total
Year
and
month
Total
Durables,
total
Automotive
dealers
Furniture,
home
furnishings,
and
equipment
stores
Lumber
building
materials,
hardware
dealers
group l
Nondurables,
total
Apparel
and
accessory
stores
Food
stores
General
merchandise
group
stores
Dept.
stores
1971
J a n _ _ ..
Feb.
Mar.
_. ._
Apr
May
--. -. - . - - June
176,328
177, 249
178, 248
179, 170
180, 132
180, 405
47, 085
47, 865
48, 967
49, 425
49, 892
50, 156
20, 702
21, 389
21, 976
22, 254
22, 713
22, 831
9,532
10, 133
10, 628
10, 880
11,237
11,378
3,441
3,464
3,479
3,495
3,500
3,511
2,804
2,862
2,961
2,957
3,032
3,080
26,383
26, 476
26, 991
27, 171
27, 179
27, 325
4, 405
4,343
4,458
4,464
4,471
4,507
5,058
5,049
5,162
5,207
5,238
5,295
10, 697
10, 812
10, 978
11, 138
11,220
11, 260
6,469
6,507
6,613
6,693
6,721
6,739
July
A u g _ . -. _ -. .
- _Sept
Oct
Nov _ ... _ _.. .
Dec-
181, 155
182, 242
183, 207
183, 493
183, 365
184, 711
50, 671
51,654
52, 330
52, 134
51, 809
52,571
23, 185
23, 986
24, 411
24, 131
23, 837
23, 864
11, 602
12, 361
12, 643
12, 319
11,922
11,776
3,508
3,542
3,561
3,544
3, 572
3,608
3,124
3,127
3,195
3,287
3,315
3,358
27, 486
27, 668
27,919
28,003
27, 972
28, 707
4,517
4,540
4,539
4,578
4,588
4,642
5,343
5,340
5,386
5,404
5,475
5,514
11,297
11,411
11,642
11, 684
11,642
12, 095
6,757
6,794
6,975
7,000
6,964
7,199
Jan
Feb
Mar
Apr. _ _ _ _ _ _ _ _ _
May
June
.~ _
185, 062
185, 682
186, 359
187, 322
188, 671
189, 326
52, 708
52, 894
53, 354
53, 733
54,419
54, 425
24, 002
24, 059
24, 291
24, 473
24, 786
24, 655
11, 773
11,737
11,830
11,887
12, 057
11,829
3,676
3,765
3,840
3,908
3,967
4,001
3,420
3,457
3,479
3,498
3,531
3,545
28, 706
28, 835
29, 063
29, 260
29, 633
29, 770
4,662
4,670
4,692
4,745
4,753
4,751
5,516
5,528
5,578
5,591
5,655
5,642
12, 119
12, 230
12, 420
12, 496
12, 676
12,813
7,272
7, 304
7,412
7,464
7,625
7, 726
July
Aug
Sept
Oct
Nov
Dec
190, 029
191,941
193, 401
194, 638
195, 852
197, 692
54, 442
54, 839
55, 422
55,817
56,515
57,156
24, 454
24, 532
25, 051
25, 144
25, 709
26,056
11,507
11,469
11,873
11,890
12,124
12, 230
4,078
4,101
4,191
4,202
4,305
4,402
3,579
3,619
3,688
3,714
3,814
3,820
29, 988
30, 307
30,371
30, 673
30, 806
31, 100
4,814
4,841
4,864
4 893
4 907
4 859
5,702
5,814
5,811
5,878
5,878
5,883
12, 840
13, 040
13, 018
13,054
13, 190
13,302
7,664
7,805
7,793
7,866
8,021
7,976
Jan
Feb.
Mar
Apr
_ _ . ._.
May
June _ _ _
199 611
201, 710
203, 546
204, 985
207, 345
209, 870
57,921
58, 731
59, 244
59, 932
60, 691
61,510
26, 276
26, 704
27, 000
27, 328
27, 799
28, 246
12,374
12, 667
12,919
13, C81
13, 358
13,717
4,495
4,475
4,456
4,514
4,595
4,608
3,908
4,070
4,200
4,347
4,453
4,518
31, 645
32, 027
32, 244
32, 604
32, 892
33, 264
4,829
4,939
4,986
5,031
5, 046
5,131
5,939
5,967
6,045
6,167
6,203
6, 344
13, 790
13, 973
13, 998
14, 101
14, 199
14,312
8,238
8,359
8,344
8,379
8,408
8,456
July Aug
Sept
Oct
Nov
Dec _ _ _.
211,843
214, 049
215, 512
217, 298
220, 173
224, 401
62, 163
62, 904
62, 810
63, 265
64, 229
65, 229
28, 891
29, 075
29, 040
29, 070
29, 571
29, 593
14, 300
14, 398
14, 245
14, 241
14, 646
14, 813
4,601
4,619
4,610
4,644
4,669
4,684
4,638
4,693
4,750
4,838
4,878
4,296
33, 272
33, 829
33, 770
34, 195
34, 658
35, 636
5,127
5,152
5,103
5,222
5,275
5,382
6,319
6,480
6,634
6,645
6,710
6,865
14, 369
14, 610
14, 403
14, 724
14, 685
15, 439
8,569
8,761
8,516
8,604
8,393
8,988
227, 338
230, 405
233, 390
235, 458
239, 431
243, 850
65, 782
65, 934
66, 465
66, 597
67, 292
67, 962
29, 832
29, 830
29, 846
29, 740
29, 845
30, 055
15, 103
14, 977
14, 590
14, 391
14, 324
14, 330
4,753
4,769
4,824
4,868
4,928
4,981
4,988
4,920
4,862
4,814
4,765
4,848
35, 950
36, 104
36, 619
36, 857
37, 447
37, 907
5,329
5,259
5,362
5,321
5,385
5,394
6,970
7,071
7,293
7,214
7,318
7,286
15,917
15, 875
15, 986
16, 268
16, 656
17, 000
9,328
9,392
9,466
9,679
9,892
10, 088
248, 628
253, 053
258, 175
263, 791
267, 075
271,050
68, 726
69, 622
70, 700
73, 087
73, 964
74, 082
30, 103
30, 735
31, 273
33, 190
34, 251
34, 649
14, 240
14, 684
15, 096
16, 806
17, 720
17, 794
5,082
5,155
5,185
5,209
5,204
5,238
4,717
4,769
4,780
4,531
4,570
4,581
38, 623
38, 887
39, 427
39, 897
39, 713
39, 433
5,417
5,431
5,490
5,564
5,494
5,517
7,547
7,487
7,590
7,658
7,815
8,010
17, 230
17, 435
17,561
17, 763
17, 367
16, 621
10, 152
10, 304
10, 425
10, 607
10, 496
9,868
1972
_.
_ _
_ _ -_ _
1973
__
_
1974
Jan _ _ _
Feb
Mar
_
Apr
-. _ _ _ _ _ _
May .
June - - - - _ .
July
Aug
Sept
Oct
Nov
Dec
_
--.
!
1975
Jan
Feb
Mar
Apr
May
June.
_.
_
July
Aug
Sept.?
271, 148
270, 252
268, 449
266, 970
264, 335
263, 749
73, 327
72, 308
71,728
71, 483
70, 826
70, 840
34, 267
32, 956
32, 460
32, 375
32, 086
31, 909
17,414
15, 900
15, 723
15,817
15, 605
15, 294
5,102
4,974
4,780
4,667
4,630
4,657
4,564
4,572
4,570
4,562
4,590
4,635
39, 060
39, 352
39, 268
39, 108
38, 740
38, 931
5,523
5,554
5,540
5,537
5,583
5,547
7,916
7,984
7,916
7,883
7,881
7,873
16, 211
16, 133
16, 294
16, 251
15,997
16, 055
9,514
9,476
9,617
9,630
9,595
9,597
263, 345
264, 662
265, 132
71, 503
72, 578
72, 943
32, 270
33, 324
33, 471
15, 540
16, 729
16, 671
4,677
4,686
4, 701
4,624
4,706
4,745
39, 233
39, 254
39, 472
5,538
5,432
5,512
7,977
8,024
8,189
16,156
16, 289
16, 291
9,696
9,841
9, 915
^Preliminary.
1. Excludes farm equipment dealers.
SUEVEY OF CURRENT BUSINESS
28
Table C.—Manufacturing and Trade Sales, Seasonally Adjusted
Table
D.—Manufacturing and Trade Inventory/Sales
Seasonally Adjusted
[Millions of dollars]
Manufacturing
and
Year and month
trade,
total
Retail trade
Manufacturing
i ear ana -uionm
Total
Durables
Nondurables
Total
Durables
Nondurables
Jan
Feb.
Mar
Apr
May . .
June
107, 072
108, 692
109, 815
110, 523
111,892
112, 938
53, 594
54, 501
55, 040
55, 210
55, 780
56, 453
28, 742
29, 234
29, 750
29, 510
29, 973
30, 486
24, 852
25, 267
25, 290
25,700
25, 807
25, 967
32, 290
32, 850
33, 274
33, 578
33, 502
33, 827
10, 003
10, 240
10, 613
10, 747
10, 576
10, 782
22,287
22,610
22,661
22,831
22,926
23,045
July.
112, 246
114, 016
114, 040
113, 967
116, 175
116, 218
55, 968
56,682
56, 036
56, 451
57, 574
58, 087
29, 915
30, 555
29, 804
30, 093
30, 663
30, 919
26, 053
26, 127
26, 232
26, 358
26, 911
27, 168
33, 688
34, 655
35, 219
34, 964
35, 574
34, 896
10, 747
11, 298
11,833
11,695
11, 885
11, 334
22,941
23,357
23,386
23, 269
23,689
23,562
Aug
Sept
.
Oct
Nov .
Dec
Manufacturing
Total
Retail trade
Durables
Nondurables
Total
Durables
Nondurables
Jan
FebMar"
Ap7
May
June
1.65
1.63
1.62
1.62
1.61
1.60
1.90
1.87
1.85
1.85
1.83
1.81
2.32
2.28
2.24
2.26
2.23
2.18
1.42
1.39
1.39
1.37
1.37
1.37
1.46
1.46
1.47
1.47
1.49
1.48
2.07
2.09
2.07
2.07
2.15
2.12
1.18
1.17
1.19
1.19
1.19
1.19
July.
Aug
Sept
Oct
NOV
Dec
1.61
1.60
1.61
1.61
1.58
1.59
1.82
1.80
1.82
1.81
1.78
1.76
2.22
2.17
2.22
2.20
2.15
2.14
1.36
1.36
1.36
1.37
1.35
1.34
1.50
1.49
1.49
1.49
1.46
1.51
2.16
2.12
2.06
2.06
2.01
2.11
1.20
1.18
1.19
1.18
1.19
1.24
1.61
1.82
2.22
1.37
1.47
2.08
1.18
Jan
Feb
Mar
Apr
May
June..
1.57
1.57
1.55
1.55
1.54
1.55
1.74
1.74
1.72
1.70
1.70
1.71
2.10
2.09
2.07
2.03
2.04
2.07
1.32
1.33
1.32
1.31
1.30
1.30
1.51
1.50
1.46
1.48
1.47
1.48
2.09
2.10
2.01
2.04
2.02
2.01
1.23
1.21
1.19
1.20
1.19
1.21
July
Aug
Sept
Oct
Nov
Dec
1.55
1.52
1.53
1.50
1.49
1.49
1.72
1.69
1.68
1.66
1.62
1.62
2.07
2.04
2.02
1.97
1.94
1.94
1.31
1.28
1.27
1.28
1.24
1.23
1.46
1.44
1.47
1.43
1.46
1.45
1.96
1.91
1.99
1.91
1.95
1.91
1.21
1.21
1.21
1.18
1.21
1.21
1.53
1.69
2.03
1.29
1.46
1.98
1.20
1.47
1.46
1.45
1.46
1.46
1.48
1.60
1.58
1.58
1.58
1.58
1.59
1.90
1.89
1.89
1.90
1.89
1.91
1.23
1.22
1.21
1.21
1.21
1.21
1.42
1.42
1.41
1.46
1.45
1.49
1.85
1.85
1.85
1.91
1.94
2.06
1.20
1.19
1.18
1.21
1.20
1.21
1.46
1.47
1.48
1.46
1.45
1.49
1.59
1.60
1.62
1.58
1.56
1.62
1.91
1.95
1.97
1.91
1.91
2.00
1.22
1.19
1.21
1.19
1.16
1.18
1.45
1.49
1.48
1.47
1.49
1.55
2.01
2.01
2.04
2.03
2.10
2.23
1.17
1.21
1.19
1.19
1.20
1.24
1.46
1.58
1.91
1.20
1.46
1.98
1.19
1.47
1.47
1.46
1.46
1.47
1.49
1.60
1.61
1.61
1.62
1.61
1.64
2.01
2.03
2.02
2.03
2.00
2.03
1.15
1.16
1.16
1.17
1.17
1.20
1.53
1.52
1.51
1.50
1.50
1.52
2.18
2.21
2.17
2.11
2.10
2.12
1.22
1.21
1.21
1.21
1.22
1.24
1.481.48
1.52
1.54
1.59
1.67
1.63
1.63
1.67
1.66
1.72
1.89
2.04
2.04
2.08
2.06
2.16
2.40
1.19
1.19
1.22
1.21
1.24
1.35
1.50
1.48
1.54
1.59
1.66
1.64
2.07
2.02
2.22
2.43
2.63
2.56
1.23
1.23
1.24
1.24
1.26
1.25
1.50
1.65
2.06
1.19
1.54
2.22
1.23
1.67
1.66
1.69
1.64
1.62
1.59
1.91
1.92
1.95
1.87
1.88
1.83
2.46
2.50
2.55
2.44
2.47
2.44
1.35
1.32
1.34
1.28
1.26
1.22
1.59
1.54
1.56
1.53
1.47
1.46
2.43
2.25
2.43
2.29
2.18
2.13
1.23
1.22
1.21
1.20
1.16
1.16
1.56
1.54
1.53
1.78
1.72
1.70
2.38
2.29
2.23
1.18
1.15
1.16
1.44
1.45
1.47
2.09
2.15
2.18
1.15
1.14
1.16
"
Annual
1972
Jan
Feb.
Mar
Apr
May...
June
.-
July
Aug.
Sept
Oct
Nov
Dec
. ...
May
June
July.
Aug
.
1972
118,003
117, 998
120, 008
120, 871
122, 244
122, 085
59, 023
59, 177
59, 932
60, 689
60, 980
61, 031
31, 517
31, 815
32, 215
32, 806
32, 949
32, 655
27, 506
27, 362
27, 717
27, 883
28, 031
28, 376
34, 886
35, 345
36, 450
36, 296
37, 141
36, 822
11, 475
11, 457
12, 087
11, 976
12, 280
12, 253
23, 411
23, 888
24, 363
24, 320
24,861
24, 569
122, 855
125, 956
126, 767
129, 497
131, 164
133, 061
61, 024
62, 657
63, 290
64, 326
65, 950
66, 602
32, 780
33, 658
34, 036
35, 177
35, 827
36, 112
28, 244
28, 999
29, 254
29, 149
30, 123
30, 490
37, 342
37, 969
37, 746
39, 106
38, 713
39, 417
12, 468
12, 842
12, 614
13, 168
13, 173
13,640
24,874
25, 127
25, 132
25,938
25, 540
25, 777
135, 962
138, 404
140, 538
140, 215
141, 924
141, 697
67, 753
68, 853
69, 630
69, 820
70, 574
70, 982
37, 125
37, 730
37, 975
38,003
38, 574
38, 623
30, 628
31, 123
31, 655
31,817
32, 000
32, 359
40, 707
41, 242
41, 979
41, 185
41, 723
41, 167
14, 234
14, 405
14, 612
14, 339
14, 299
13, 731
Annual
26, 473
26, 837 1973
27, 367
26,846
Jan
27, 424
Feb
27, 436
Mar
144, 754
145, 309
145, 226
149, 196
151, 899
150, 929
71, 428
72, 015
71, 693
73, 988
75, 742
74, 835
38, 959
38, 627
38, 795
40, 286
40, 619
39, 683
32, 469
33, 388
32, 898
33, 702
35, 123
35, 152
42, 767
42, 355
42, 529
42, 970
42, 976
42, 116
14, 409
14, 481
14, 267
14, 331
14, 090
13, 270
28, 358
27,874
28,262
28, 639
28,886
28,846
1973
Jan
Feb
Mar.
Apr
1974
May
june
juiy
Aug
Sept
Oct...
June...
76, 501
77, 314
78, 627
79, 251
81, 346
81, 519
40, 106
40, 409
41, 065
41, 433
42, 767
43, 138
36, 395
36, 905
37, 562
37, 818
38, 579
38, 381
43, 079
43, 295
43, 938
44, 406
44, 789
44, 727
13, 672
13, 488
13, 726
14, 064
14, 184
14, 183
29,407
29, 807
Annual
30,212
30,342 1974
30, 605
30, 544
jan
July
Aug
Sept..
Oct
Nov
Dec
168, 082
171, 229
170, 355
170, 997
167, 918
162, 347
83, 728
85, 481
85, 749
87, 402
85, 675
79, 737
43, 831
44, 546
44, 828
45, 857
44, 275
40, 799
39, 897
40, 935
40, 921
41, 545
41, 400
38, 938
45, 905
46, 920
45, 858
45, 844
44, 529
45, 109
14, 512
15, 245
14, 100
13, 686
13, 035
13, 554
31,393
31,675
31, 758
32,158
31,494
31, 555
161, 915
163, 248
159, 050
162, 374
163, 038
165, 504
79, 234
79, 214
77, 509
80, 333
79, 423
80, 740
40, 247
39, 992
39, 124
40, 851
40, 183
40, 458
38, 987
39, 222
38, 385
39, 482
39, 240
40, 282
46,006
46, 914
45, 951
46, 813
48, 173
48, 578
14, 126
14, 664
13, 378
14, 165
14, 703
14, 965
31,880
Nov
32,250
Dec
32,573
32, 648
Annual
Annuai
33,470
33,613 1975
169, 124
172, 349
173, 277
82, 902
85, 258
86, 289
41, 227
42, 492
43, 356
41, 675
42, 766
42, 933
49, 655
49, 925
49, 473
15,432
15, 506
15, 350
34, 223
34,419
34,123
. .
1975
... _.
July...
Aug..
Sept.?
p Preliminary.
. .
Dec .
154, 323
156, 595
159, 735
160, 999
163. 048
163, 539
Mar
Apr
May
.
Apr
Nov
Jan..
Feb.
Jan
Feb
Mar.
Apr
May
June
Manufacturing
and
trade,
total
Ratios,
1971
1971
Sept
Oct
Nov
Dec
November 1975
Feb
Mar
Apr
May
june
July
Aug _.
Sept
Oct ..
Jan
Feb"
Mar
Apr
May
June
July
Aug
Sept. p.. .
Preliminary.
U. S. GOVERNMENT PRINTING OFFICE : 1975 O - 596-715
CURRENT BUSINESS STATISTICS
J.HE STATISTICS here update series published in the 1973 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
OF CURRENT BUSINESS. That volume (available from the Superintendent of Documents for $6.80) provides a description of each series, references
to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1969 through 1972 (1962-72 for major quarterly
series), annually, 1947-72; for selected series, monthly or quarterly, 1947-72 (where available). Series added or significantly revised after the 1973
BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1972 issued too late for
inclusion in the 1973 volume appear in the monthly SURVEY beginning with the August 1973 issue. Also, unless otherwise noted, revised monthly
data for periods not shown herein corresponding to revised annual data are available upon request.
The sources of the data are given in the 1973 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and
are also listed alphabetically on pages 189-90. Statistics originating in Government agencies are not copyrighted and may be reprinted freely.
Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights.
1972
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes areas shown in
the 1973 edition of BUSINESS STATISTICS
1973
1974
1973
1972
in | rv
Annual total
I
II
1975
1974
III
IV
i | ii
Til
IV
I
II
III
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCTf
1 416. 3 1,430.9 1,416. 6
1,440.9 '1,503.6
895.8
913.2
938.6 ' 968. 8
136.1
56.2
60.4
120.7
43.7
57.8
124.9
46.8
57.9
130.6 ' 138. 6
49.4 ••55.2
60.7 '61.9
375.8
74.4
183 5
36.8
389.0
75.7
191.3
37.9
391.7
73.7
196.0
37.5
398.8
76.2
201.4
37.8
410.1 ' 422. 7
78.7 '81.2
204.8 '209.2
39.6 '41.8
352.4
49.2
122.2
25.0
363.8
51 7
124.9
25.6
376.2
54.6
127.7
26.5
383.5
56.0
130.9
27.1
389.5
57.0
134.1
28.1
397.9 ' 407. 5
59.5 '62.1
136.6 ' 139. 3
28.8 '29.7
224.5
210.5
211.8
205.8
209.4
163.1
148.1 ' 179. 1
195.5
141.9
49.3
92.6
53.6
53.0
28.9
24.0
193.6
145. 2
51.3
93.9
48.4
47.8
16.9
13.1
198.3
149.4
52.2
97.2
48.8
48.0
13.5
10.4
197 1
150 9
51 0
99.9
46 2
45.4
8.7
6.6
191.6
151.2
53.7
97.5
40.4
39.7
17.8
17.5
182.2
146.9
52.8
94.2
35.3
34.8
-19.2
-17.8
179.1 ' 184. 6
142.7
143.6
49.1 '49.6
93.6 '94.0
36.4 '41.0
35.6 '40.0
-31.0 '-5.5
-30.6 ' -7.2
6.7
103.7
96.9
9.3
113.6
104.3
11.3
131.2
119.9
-1.5
13S.5
140.0
—3.1
143.6
146 7
1.9
147.5
145.7
8.8
142.2
133.4
16.2 '12.2
136.0 ' 142. 0
119.8 ' 129. 8
276.9
105.3
73.3
171.6
286.4
108.4
75.3
177.9
296.3
111.5
75.8
184.8
304.4
114.3
76.6
190.1
312.3
117.2
78.4
195.1
323.8
124.5
84.0
199.3
331.6
126.5
84.7
205.1
338.1 ' 343. 5
128.4 ' 130. 5
84.8 '86.1
209.7 ' 213. 0
1,204.7 1,248.9 1,277.9 1,308.9 1,344.0 1,358.8
1,158.0
1,294.9
1, 397. 4
1,169.3
729.0
805.2
876.7
736.8
757. 2
781.7
799.0
816.3
823.9
840.6
869.1
901.3
Durable goods total 9
- -.-do
Automobiles and parts
do..
Furniture and household equipment... do
118.4
53.1
48.7
130.3
57.5
55.0
127 5
49.7
58.8
121.2
55.3
49.3
124.3
56.4
50.7
132.4
60.4
54.3
132.1
59.2
54.9
132.4
59.3
55.5
124.3
51.2
55.4
123.9
48.0
57.5
129 5
50.6
59.5
Nondurable goods, total 9
Clothing and shoes
Food and beverages
Gasoline and oil
.-
do
do
do
do
299.7
63.0
143.7
25.0
338.0
70.2
165.1
28.3
380.2
74.1
187 7
35.9
302.0
63.7
144.7
25.1
310.9
66.0
148.5
25.8
323.3
69.1
155.9
26.8
332.7
70.1
160.9
28.0
343.8
70.6
169.1
28.7
352.1
70.9
174.5
29.8
364.4
72.8
180.1
31.5
Services total 9
Household operation
Housing
Transportation
do
do
do
do__ .
310.9
43.3
107.9
21.8
336.9
47.3
116.4
23.4
369.0
52.9
126.4
26.1
313.6
43.9
108.9
21.9
322.0
45.5
110.7
22.3
325.9
45.6
113.1
22.8
334.2
46.6
115.6
23.1
340.1
48.3
117.0
23.6
347.4
48.7
119.7
24.1
Gross private domestic investment, total .do.. .
179.3
209.4
209.4
182.1
190.2
199.0
205.1
209.0
Fixed investment
do .
Nonresidential
do
Structures
.
.. ..
..do
Producers' durable equipment
do
Residential structures
... ..do
do
do
170.8
116.8
41.1
75.7
54.0
53.4
8.5
7.8
194.0
136.8
47.0
89.8
57.2
56.7
15.4
11.4
195.2
149.2
52.0
97.1
46.0
45.2
14.2
11.9
171.9
117.5
40.6
76.8
54.5
53.9
10.2
9.6
179.2
122.5
42.2
80.3
56.7
56.2
11.0
10.4
189.0
130.5
44.6
85.9
58.5
58.0
10.0
6.5
194.4
135.6
46.2
89.4
58.7
58.4
10.7
7.7
197.1
139.0
47.9
91.1
58.1
57.6
11.8
7.4
do..
do
do..
-6.0
72.4
78.4
3.9
100.4
96.4
2.1
140.2
138.1
-4.8
73.3
78.1
-5.3
78.5
83.8
-.8
88.8
89.5
.5
95.4
94.9
255.7
104.9
74.8
150.8
276.4
106.6
74.4
169.8
309.2
116.9
78.7
192.3
255.1
102.7
72.6
152.4
262.6
105.2
74.7
157.4
269.0
106.4
75.0
162.6
273.3
106.2
74.0
167.1
Gross national product totalf
bil. $
Personal consumption expenditures, total.. do
Change in business inventories
Nonfarm
Net exports of goods and services
Exports
Imports
--
Govt. purchases of goods and services, total -do
Federal
.do
National defense
.
. do
State and local
do
By major type of product:!
Final sales total
Goods total
Durable goods
Nondurable goods
Services
Structures..
.
do
do
do
do
do
do
Change in business inventories
Durable goods
Nondurable goods
do
do
do
1,149.5 1,279.6
535. 2
607.3
214.3
240.9
321.0
366.5
488.1 534.4
126.1 137.8
8.5
7.1
1.4
15.4
9.4
6.0
792.5
1,383 8
1,383.2 1,159.1 1,193.7 1,238.9 1,267.2 1,297.0 1,315.1 1,341.9 1,370.3
656.1
556.2
585.8 600.9 618.0 624.7 635.0 651.3
541.0
249.2
243.9 240.6 242.3 248.5
223.6 237.8 241.2
218.3
374.2 384.1 392.8 402.9
406.9
322.7 332.6 347.9 359.7
590.3
569.7 579.2
528. 3 540.2 553.2
492.4 506.5 516.0
137.1 139.7
136.8
137.1 138.0
130.9
138.8 137.2
125.6
16.9
8.7
8.2
1,407.6 1,413.1 1,435.8 1,471.9
673.0 664.8 686.1 711.5
261.7
252.9
259.8 246.2
433.2
449.8
413.2
418.6
635.3
620.9
597.8 614.5
125.2
128.8
133.9
136.7
'1,509.1
' 730. 0
' 268. 7
461.3
' 648. 8
' 130. 3
14.2
7.7
6.5
10.2
6.8
3.4
11.0
13.2
-2.2
10.0
6.1
3.9
10.7
7.7
3.0
839.2
821.2
798.1
814.2
832.8
837.4
840.8
845.7
552.1
539.5
531.2
542.2
552.9
553.7
555.4
546.3
113 6
228 6
209 9
103 1
223 7
212 6
106 8
221 3
203 0
110 1
225 4
206 6
117 2
228 7
207 1
115 7
228 3
209 7
114 3
230 0
211 2
107 2
227 4
211 7
138.1
126.7
126.6
130.9
134.4
136.3
135.8
127 1
92 2
35 0
7.3
128 4
94 3
34 1
7.8
127 7
95 1
32.6
8.0
9.1
7.3
14.0 '12.1
11.6
8.2
11.5
7.9
3.5
5.8
1.4
149.2 ' 150. 1
146.3
147.7
145.9
145.8
146.0
145.7
144. 1 143.9 143.7
57.4
57.0
58.3 '58.9
56.5
56.3
56.3
56.4
56 2
57 7
58 9
91.2
90.2
89.3
90.9
89.4
89.5
87.5
89.7
89.3
86.2
85.2
Revised data for national income and product and personal income customarily published
in July issues of the SURVEY have been postponed until later; see box note on p. 10 of the Oct.
1975 SURVEY.
9 Includes data not shown separately.
11.8
9.0
2.9
13.5
-1.8
15.4
8.7
5.7
3.0
17.8
18.3
-.5
-19.2
-13.4
-5.7
830.5
827.1
823.1
504.0
780.0
783.6 ' 808. 3
539.7
542.7
547.2
528.2
531.5
539.7 ' 548. 6
105 2
223 9
210 6
106.8
223.6
212.2
107.8
225.8
213.7
92.8
221.4
214.1
95.2
222.5
213.7
97.9 ' 103. 2
226.4 ' 228. 1
215.5 ' 217. 3
145.8
133.3
130.3
122.7
120.5
89.3
125 8
96 0
29.8
20.0
122 7
96.3
26.4
10.6
122.2
96.5
25.7
8.2
117.7
94.1
23.6
5.0
109.6
89.2
20.4
10.9
101.0
83.8
17.3
-11.7
28.9
14.8
14.1
-31.0
-14.7
-16.3
' -5.5
'-9.2
'3.7
GNP in constant (1958) dollars!
Gross national product, totalf
bil.$..
Personal consumption expenditures, total.. do
Durable goods .
Nondurable goods
Services .. ..
.
. do. .. 104 9
do
220 2
do
202 2
Gross private domestic investment, total.. .do
Fixed investment
Nonresidential
.. ..
Residential structures
Change in business inventories
Net exports of goods and services
527.3
125.0
do
do
do
do
118 0
83 7
34 3
7.0
127 3
94 4
32*9
10.8
118 0
94 0
24 0
8.7
118 1
83 8
34 3
8.5
122 0
87 2
34 8
8.8
do
—3 0
46
90
—1 4
—1.9
Govt. purchases of goods and services, total, do
143.0
141.8
143.1 144.4
146.0
Federal
do
59 2
61 0
57 3
59 5
56 5
State and local
do
82.1
83.8
82.4
87.0
89.5
r
Revised.
f Preliminary.
fRevised series. Estimates of national income and product
and personal income have been revised back to 1971 (see p. 11 ff. of the July 1974 SURVEY);
revisions prior to May 1973 for personal income appear on pp. 22-23 of the July 1974 SURVEY.
80.7
'97.5
97.8 '99.8
80.4
80.3
'19.4
17.5
-17.1 ' -2.3
S-l
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated in footnotes below, data
through 1972and descriptive notes areas shown in
the 1973 edition of BUSINESS STATISTICS
1972
1 1973
1974
1
1972
IV
Annual total
November 1975
1973
I
II
1974
III
IV
I
II
1975
III
IV
I
II
III
IV
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
Imp icit price deflators:!
Gross national product.
Index, 1958=100.. 146. 12
138.2
Personal consumption expend tures _ do
Gross private domestic investment:
144.8
Fixed investment
do
Nonresidential
do
139.6
157.4
Residential structures
do
178.6
Govt. purchases of goods and services
do
National income total t
Proprietors' income total 9
Business and professional 9
Farm
Rental income of persons
147. 96
139.7
149.95
141.4
152. 61
144.3
155. 67
147.0
158.93
150.8
163. 61
155.8
167.31
160.2
172.07
164.7
177.97
169.6
181.62
171.8
183. 88
173.9
186. 02
176.6
152.4
144.9
174.0
191.5
165.3
158.7
191.4
211.8
146.9
140.5
162.8
183.6
148.7
141.7
167.1
186.7
151.4
143.9
172.1
189.9
154.3
146.1
178.1
192.6
155.4
147.9
179.7
196.5
157.8
150.7
183.8
202.9
162.3
154.9
190.0
208.8
167.5
160.4
195.9
214.1
174.9
169.6
197.9
221.4
180.4
175.4
204.3
224.6
183.2
177.7
208.2
226.5
185.0
178.7
210.9
228.9
1,051.2 1,077.3 1,106.3
1,118.8
1,165.4 1.150.7 1,175.4
1,227.0
1,130.2 1,155.5
946.5
1,065.6
1,142. 5
987.0
1,027.6
do
707.1
786.0
855.8
732.9
759.1
776.7
793.3
814.8
828.8
848.3
868.2
877.7
875.6
885.4 r 906. 6
do
do
do ..
do
do
626.8
491.4
20.5
114.8
80.3
691.6
545.1
20.6
126. 0
94.4
750.7
592.4
21.2
137.1
105.1
649.6
508.7
21.2
119.7
83.4
667.6
525.0
20.8
121.9
91.5
683.6
538.7
20.3
124.5
93.1
698.2
550.8
20.2
127.2
95.1
717.0
565.8
21.0
130.2
97.7
727.6
573.8
21.0
132.8
101.2
744.6
588.3
20.9
135.4
103.7
761.5
602.5
20.8
138.2
106.7
769.2
605.1
22.0
142.1
108.6
765.1
597.4
22.0
145.7
110.5
773.0 ' 791. 4
601.9 ' 617. 5
21.9 '21.9
149.2
152.0
112.4
115.2
do
do
do
do ..
75.9
54.9
21.0
25.9
96.1
57.6
38.5
26.1
93.0
61.2
31.8
26.5
80.1
56.1
24.0
26.7
89.1
57.0
32.1
26.3
92.8
57.1
35.6
25.7
99.3
57.7
41.5
26.2
103.2
58.4
44.9
26.4
98.4
59.3
39.1
26.4
89.9
60.7
29.1
26.3
92.1
62.3
29.8
26.6
91.6
62.5
29.1
26.8
84.9
62.7
22.2
27.0
92.2
105.1
105.6
99.8
103.9
105.0
105.2
106.4
107.7
105.6
105.8
103.4
94.3
104.9 P 122. 5
17.6
74.5
40.8
19.0
21.8
19.6
85.5
47.6
21.5
26.1
20.8
84.9
47.0
30.0
17.0
18.3
81.5
45.1
20.0
25.1
18.7
85.2
48.6
20.9
27.6
19.4
85.6
48.4
21.5
26.9
19.8
85.4
47.1
21.4
25.7
20.4
86.0
46.4
22.1
24.3
20.8
87.0
46.2
26.9
19.3
20.7
84.9
46.8
29.7
17.1
20.7
85.1
48.6
33.3
15.3
20.9
82.5
46.3
30.1
16.2
20.7
73.6
41.1
27.3
13.8
20.8 P20.1
84.1 P 102. 4
48.3
30.4
18.0
9.2
24.6
9.2
28.7
7.8
30.1
9.9
26.6
9.4
27.2
8.8
28.4
9.5
28.8
9.2
30.3
7.1
33.7
8.0
30.1
8.6
28.0
7.5
28.7
6.8
25.7
8.1
27.8
.do..
do
do
do
do
99.2
41.5
57.7
27.3
30.3
122.7
49.8
72.9
29.6
43.3
140.7
55.7
85.0
32.7
52.4
108.2
45.2
63.1
28.2
34.9
120.4
48.9
71.5
28.7
42.8
124.9
50.9
74.0
29.1
44.9
122.7
49.9
72.9
29.8
43.1
122.7
49.5
73.2
30.7
42.5
135.4
52.2
83.2
31.6
51.6
139.0
55.9
83.1
32.5
50.5
157.0
62.7
94.3
33.2
61.1
131.5
52.0
79.5
33.3
46.2
101.2
39.0
62.3
33.8
28.5
113.3 p 134. 1
43.0 P51.9
70.3 P82.2
34.0
34.5
36.3 *>47.7
do
do
-7.0
45.6
-17.6
52.3
-35. 1
61.6
-8.4
47.5
-16.5
49.2
-20.0
51.1
-17.5
53.2
-16.3
55.5
-27.7
57.5
-33 4
60.1
-51.2
62.8
-28.1
65.9
-7.0
68.9
-8.4 '-11.7
71.9
75.9
bil. $.
do
do
do
do
944.9
142.4
802.5
749.9
52.6
1,055.0 1,150.5
151.3
170.8
903.7
979.7
829.4
902.7
74.4
77.0
bil. $.
do.
do
do
88.44
31.35
15.64
15.72
99.74
38.01
19.25
18.76
112.40
46.01
22.62
23.39
25.20
9.38
4.77
4.61
21.50
7.80
3.92
3.88
24.73
9.16
4.65
4.51
25.04
9.62
4.84
4.78
28.48
11.43
5.84
5.59
24.10
9.49
4.74
4.75
28.16
11.27
5.59
5.69
28.23
11.62
5.65
5.96
31.92
13.63
6.64
6.99
25.82
10.84
5.10
5.74
28.43
12.15
5.59
6.55
-
Corporate profits and inventory valuation adjustment total
bil $
By broad industry groups:
Financial institutions
do
Nonflnancial corporations total
do
Nondurable goods industries
Durable goods industries
do
do
Transportation, communication, and public
utilities
bil. $..
All other industries
do
Corporate profits before tax, total
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed profits
170. 18
162.5
bil. $
Compensation of employees, total
Wages and salaries, total ..
Private
Military
Government civilian
Supplements to wages and salaries
154. 31
145.9
Inventory valuation adjustment
Net interest
86.1
63.4
22.7
27.1
94.6
64.7
29.9
27.4
DISPOSITION OF PERSONAL INCOME f
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income, total
,
Less: Personal tax and nontax payments
Equals: Disposable personal income
Less: Personal outlays©
Equals: Personal saving§
985.0 1,013.6 1,039.2 1,068.0 1,099.3 1,112.5 1,134.6 1,168.2 1,186.9 1,193.4 1,220.5 '1,255,2
142.0 r 175. 6
178.0
178.1
175.1
168.2
147.2
154.2
159.9
144.1
161.9
147.0
993.1 1,008.8 1,015.5 1,078.5 '1,079.6
939.4
892.1
913.9
966.5
950.6
838.1 869.5
964.7 ' 995. 0
922.3 939.5
927.6
822.5
850.1
894.9
840.7
866.2
779.2
804.2
113.8
75.9
'84.6
86.5
65.5
73.2
89.3
69.6
71.5
84.4
65.3
58.9
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
All industries . _
Manufacturing
Durable goods industries ^
Nondurable goods industries 1
Nonmanufacturing
Mining. _
Railroad
Air transportation.
Other transportation
Public utilities
Electric
Gas and other.
Communication
Commercial and other
57.09
61.73
66.39
15.83
13.69
15.57
15.42
17.05
14.61
16.89
16.61
18.29
14.98
16.28
16.22
17.58
do
do...
do
do
2.42
1.80
2.46
1.46
2.74
1.96
2.41
1.66
3.18
2.54
2.00
2.12
.63
.47
.63
.40
.63
.46
.52
.32
.71
.46
.72
.43
.69
.48
.57
.44
.71
.56
.60
.47
.68
.50
.47
.34
.78
.64
.61
.49
.80
.64
.43
.58
.91
.78
.48
.71
.91
.59
.44
.62
.97
.71
.47
.77
.91
.60
.51
.72
.99
.66
.43
.62
do
do...
...do..do...
do..-
17.00
14.48
2.52
11.89
20.07
18.71
15.94
2.76
12.85
21.40
20.55
17.63
2.92
13.96
22.05
4.74
4.01
.73
3.39
5.57
3.95
3.45
.50
2.87
4.94
4.59
3.91
.68
3.27
5.40
4.82
4.04
.77
3.19
5.24
5.36
4.54
.82
3.53
5.83
4.38
3.85
.52
3.19
5.05
5.30
4.56
.75
3.60
5.46
5.20
4.42
.78
3.39
5.57
5.67
4.80
.87
3.78
5.97
4.42
3.84
.58
3.11
4.88
4.94
4.15
.79
3.22
5.19
5.24
4.34
.90
5.64
4.70
.94
28.24
29.25
91.94
33.64
16.86
16.78
96.19
35.51
17.88
17.63
97.76
36.58
18.64
17.94
100.90
38.81
19.73
19.08
103.74
40.61
20.48
20.13
107. 27
42.96
21.43
21.53
111.40
45.32
22.50
22.82
113.99
47.04
23.08
23.96
116. 22
48.08
23.28
24.80
114.57
49.05
22.86
26.20
112.46 i 113. 48 i 113.70
48.78 48.13 48.00
22.59
21.83 21.80
26.30 26.20
26. 19
58.30
60.68
61. 18
62.09
63.12
64.31
66.08
66.94
68.14
65.52
63.68
65.35
65.70
2.77
1 75
2.72
1.62
2.82
1.95
2.49
1.79
2.76
2.05
2.20
1.73
2.80
2.10
2.13
1.63
3.07
2.42
2.21
1.84
3.27
2.68
1.84
2.16
3.56
3.05
1.81
2.71
3.76
2.39
2.09
2.82
3.78
2.70
1.60
2.75
3.68
2.67
2.18
2.64
3.89
2.56
1.65
2.56
do
Seas. adj. qtrly. totals at annual rates:
All industries
do
Durable goods industries ^
do
Nonmanufacturing
Mining
Other transportation
do
do
2.46
1.71
2.33
1.42
2.59
2.11
2.21
1.53
do
18.38
17.53
Public utilities
do
15.40
14.67
Electric
do
2.98
2.86
Gas and other
.do.. .
12.34
12.63
Communication
do...
21.53
20.21
Commercial and other
do
r
Revised.
» Preliminary.
1 Estimates (corrected for systematic biases) for JulySept, and Oct.-Dec. 1975 based on expected capital expenditures of business. Expected
expenditures for the year 1975 appear on p. 28 of the Sept. 1975 SURVEY.
« Includes communication.
fSee corresponding note on p. S-l.
9 Includes inventory valuation
^28.08 131.18
11.86
13.60
5.36
6.17
6. 40
7.43
19.52
20.48 20.66
20.93 20.28
20.16
20.97
20.12
19.80
18.58
18.08
16.41
17.38
17.30
17.76
17.03
17.47
18.10
16.72
16.00
17.12
15.55
3.29
3.17
3.18
3.11
3.25
2.68
2.87
3.08
3.00
2.52
2.58
14.04
12.50
13.36
14.01
13.94
13.12
13.24
13.83
12.70
22.04
20.83 "2 33" 69 234.38
20.82
22.84
21.63
21.36
21.35
21.69
21.55
ePers onal out lays com prise pe rsonal c(mstimpt; on expenditures interest
adju stment.
paid by constimers, arid person al transfe r payme nts to for eigners.
§P ersonal saving is excess o f disposal)le iiicom e over p ersonal o utlays.
HI)ata for ndividuEi durabl e and noiidnrable goods in dustries compone nts appe ar in the
Mar , June, Sept., ancI Dec. issues of th() SURVElr.
SURVEY OF CURRENT BUSINESS
November 1975
1972
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown in
the 1973 edition of BUSINESS STATISTICS
1973
1972
1974
1973
IV
III
Annual total
S-3
1
1974
III
II
IV
I
II
1975 P
III
IV
1
II
III
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
U.S. BALANCE OF INTERNATIONAL
PAYMENTS^
Quarterly Data Are Seasonally Adjusted ,
(Credits +: debits -)
Exports of Roods and services (excl. transfers under
military grants)
- ..mil. $..
Merchandise adjusted excl. military
do
Transfers under U.S. military agency sales contracts
mil. $..
Receipts of income on U.S. investments
abroad
..
.. .. mil. $..
Other services
do
Imports of goods and servicesll
_
do
Merchandise adjusted excl. military
do
Direct defense expenditures 11
do
Payments of income of foreign investments in the
U.S
. mil. $..
Balance on goods and services total
do
Merchandise adjusted excl. military . .- do
72,600
49, 388
102, 051
71,379
144,448
98,309
18, 349
12, 496
19, 729
13, 395
22,329
15,423
24, 144
16, 958
26, 282
18, 451
29,298
20,547
33,337
22,464
35,510
24,218
37,187
25,034
38,413
26,593
37, 097
27, 188
35, 418
25, 694
1,163
2,342
2,944
255
295
347
455
531
1,009
663
678
766
837
954
804
10, 161
11,888
13,998
14,333
26.068
17, 126
2,595
3,003
2,905
3,134
3,123
3,436
3,304
3,427
3,576
3,724
3.995
3,747
6,129
4,081
6,447
4,167
7,054
4,333
6,438
4,545
4,304
4,651
4,445
4,475
26,899
-78,531 -97, 875 -140,623 -19,594 -20,972 -22,690 -23,978 -24,729 -26,478 -30,345 -35,432 -37,422 -37,424 -33,919 -30,159
-55,797 -70,424 -103,586 -14,027 -14,985 -16.334 -17,189 -17,737 -19,164 -22,587 -25,677 -27,349 -27,973 -25,358 -22,349 -24,618
-4, 784 -4, 658 -5, 103 -1, 105 -1, 185 -1,174 -1,236 -1,072 -1,177 -1, 166 -1,324 -1, 279 -1,335 -1, 303 -1, 216
-5, 841 -8, 819 -15,946 -1,462 -1,612 -1,799 -2, 096 -2,413 -2,511 -2, 884 -4, 483 -4,700 -3, 879 -3, 128 -2,816
-12,109 -13,973 -15,988 -3,000 -3, 190 -3,383 -3,457 -3,507 -3,626 -3, 708 -3, 948 -4,094 -4, 237 -4, 130 —3, 778
-361
166
-5,930
3,825 -1,245 -1, 243
1,553
2,820 2,992
4,177
78
-235
989
3,178
5,259
-911
714
-231
955 -5, 277 -1,531 -1,590
-6,409
1,383
-1,459 -2,315 -1,380
-123
1,830
3,345
2,281
Unilateral transactions (excl. military grants), net
mil. $.. -3,779
-9, 710
Balance on current account
- do
Long-term capital, net:
-1,335
U.S Government
do
-69
Private
do
Balance on current account and long-term capital
mil. $.. -11,113
Non-liquid short-term private capital flows, net
mil. $.. -1,542
710
Allocation of special drawing rights (SDR) do
Errors and omissions net
. __do - . -1,884
-13,829
Net liquidity balance
do
3,475
Liquid private capital flows, net
dl
-10,354
Official reserve transactions balance
do
Changes in liabilities to foreign official agencies:
9,734
Liquid
mil. $
399
Other readily marketable
- .-do -.189
Nonliquid
do
32
Changes in U.S. official reserve assets, net.. .do
-15,786
Gross liquidity balances, excluding SDR
do
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown in
the 1973 edition of BUSINESS STATISTICS
1973
-3, 841
335
-755 -1,015
-7, 182
-888
-953
-3,357 -2, 198 -2, 131 -1,116
-849
-1,490
177
1,119
—8,447
-977
-521
797
-377
-391
-334
57
54
-290
-10,686 -2,966 -1, 855 -1,393 -1,085
-4,238 -12,949
-2,436
-420 -1,000 -1,543 -1,497
177
177
863
4,593 -1,361 -833 -3, 875
-7,651 -19,043 -4,570 -3,511 -6,811 -1,719
-111
2,026 -3, 818 2,270
2,343
10,669
551
-5, 308 -8,374 -4, 681 -1,485 -10,629
9,250
1,646
4,456
8,481
4,624
1,202
1,118
672
34
117
78
-43
655
-167
-475
220
-55
-111
209 -1,434
-9,602 -25, 156 -5,329 -3, 910 -8,569
-442
-769
1,706 -1,297
1,411
264
1,917
1,701
-419
484
83
-999 -2, 157
-2,302
Sept.
Oct.
-3,574
-860
-474
-365
-5,554 -2,202 -2,085
-6,513
59 -1,257 -3, 908 -5,248 -1, 462 -2, 331
-150
1,826
492
2,318
726
-950
3,399
2,449
-994 -1,864 -1,933
11
-354
259
-452
167
-147
17
-13
-15
-835
1,306 -1,507
1,332
1,126
-1,200 -6,218
1,751 2,020
551 -4,198
-3,910
4,028
118
1,007
-62
-277
-2
-210
-3,820
1,127
-673
1,611
1,911 -1, 036
1,870
451
-7,717
3,108
1,104
2,870 -6, 375 -2, 720
-4,847 -3, 267 -1,616
3,930
751
3,864 2,758 i 1, 347
183
135
841
321
631
-1
443
215
-6
i-l
-358 -1,003
137
-326
-51
-7,515 -4,138 -9,685 -1,647 -1, 338
289
4,634
4,923
14,832
252
i -1
-342
683
1975
1974
1974
Annual
-900 -1,173 -2, 966 -1,865 -1, 265 -1,088 -1, 175 -1, 198
653
1,647
26 -1,787 -1,500
-99
2,003 4,061
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
1,244.1 1,238.9 1,255.9 1,270.9 1, 283. 6
July
Aug.
Sept.
Oct."
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEt
Seasonally adjusted, at annual ratesif
Total personal income
1,191.0 1,191.1 1,193.4
1,195.7
1,203.1
1,214.3
765.7
266.4
206.4
183.2
763.6
260.7
202.9
184.0
766.0
260.5
203.1
183.8
768.0
261.2
203.8
184.3
772.9
262.2
204.5
186.1
778.1
264.6
206.7
187.0
782.2
266.4
208.4
187.8
792.3 ' 799. 6
271.4 r 275. 1
212.9 *• 216. 0
190.4 r 191. 3
808.3
278.4
219.0
193.0
148.3
165.2
54.5
149.8
166.2
54.9
151.2
167.6
55.3
152.6
169.2
55.7
152.4
170.3
56.2
153.5
171.1
56.7
154.6
171.9
57.2
155.0
173.0
57.7
156.7
173.8
58.2
159.4
177.6
59.2
62.5
29.1
62.5
29.0
62.7
26.0
62.8
22.2
62.5
18.4
63.0
20.6
63.4
23.0
63.9
24.5
64.1
27.5
64.8
29.9
26.8
33.6
109.5
149.8
26.9
32.7
111.1
156.1
27.0
33.9
111.9
158.6
27.0
33.8
112.5
165.5
27.0
33.7
113.3
168.3
27.1
33.9
114.8
168.9
27.1
34.0
116.9
169.9
27.2
34.0
119.0
190.2
27.2
34.2
119.8
176.3
49.2
49.5
48.4
48.5
1,145.2 1,151.4 1,154.3 1,160.1
49.3
1,166.2
1,178.0 1,185.0
1,184.5
767.7
278.3
217.8
183.1
773.0
279.5
219.4
183.8
767.8
272.3
214.2
183.9
766.6
269.3
209.7
183.8
142.6
158.8
51.4
146.4
159.9
52.9
146.9
162.8
53.5
147.4
164.2
54.0
61.2
31.8
62. 5
30.7
62.5
29.2
26.7
26.6
26.5
Rental income of persons
.
do.. .
26.1
33.5
33.4
Dividends
do_.
32.7
29.6
108.0
106.9
Personal interest income
_do
103.8
90.6
147.6
146.0
Transfer payments
do.. . 117.8
139.8
Less personal contributions for social insurance
48.9
48.6
bil. $..
47.9
42.8
Total nonagricultural income
do . 1 008.0 1,109.0 1,137.4 1,145.7
bil. $
Service industries
Government
Other labor income
Proprietors' income:
Business and professional
Farm.
1,055.0 1, 150. 5
691.7
251.9
196.6
165.1
751.2
270.9
211.3
178.9
128.2
do
do . . 146.6
do
46.0
Wage and salary disbursements, total
do
Commodity-producing industries, total-do
Manufacturing .
do
Distributive industries
do .
do
do _ .
57.6
38.5
49.7
49.4
1,171.1 1,179.7
r 158. 2
r 175. 0
58.7
'32.1
65.6
32.2
27.4
27.7
34.8
34.5
121.4 r 123. 8
178.0 '180.0
28.0
35.2
125.8
180.8
65.2
50.2
51.6
50.0
50.7 '51.1
1,207.9 1, 199. 5 1,214.0 1,226.6 1, 239. 0
FARM INCOME AND MARKETING*
Cash receipts from farming, including Government
payments totalt
mil. $
Farm marketings and CCC loans, total
Crops
Livestock and products, total?
Dairy products
Meat animals
Poultry and eggs
.
89 482
94 051
8,103
11,876
10,128
8,100
8,958
5,958
5,855
5,628
5,734
5,929
7,939
7,405
86, 875
do
do ... 41,051
45, 824
do
do . . 8,080
do
30, 403
6,824
do
93, 521
52, 097
41, 424
9,399
25, 257
6,285
8,043
4,792
3,251
704
1,979
534
11,767
8,048
3,719
735
2,367
582
10,044
6,838
3,206
719
1,916
540
7,975
4,850
3,125
745
1,785
559
8,818
5,479
3,339
755
2,025
523
5,808
2,797
3,011
719
1,789
469
5,759
2,602
3,157
811
1,822
493
5,571
2,135
3,436
807
2,130
461
5,702
2,008
3,694
845
2,300
510
5,915
2,394
3,521
790
2,174
517
7,913
4,211
3,702
793
2,255
615
7,361 •• 8, 771
3,717 r 4, 613
3,644 •• 4, 158
••798
779
2,204 r 2, 669
'657
625
11,600
6,900
4,700
900
3,100
700
218
283
170
225
312
160
330
524
183
281
445
158
224
316
154
247
357
164
163
182
148
161
169
155
156
139
169
160
131
182
166
156
173
222
274
182
••246
324
449
230
Indexes of cash receipts from marketings and CCC
loans, unadjusted:!
All commodities
1967=100..
Crops
do
Livestock and products
do
203
223
188
Indexes of volume of farm marketings, unadiusted:t
159
111
112
137
119
All commodities
1967=100
182
217
122
144
125
Crops
.
do .._
119
105
102
104
104
Livestock and products
do
r
Revised.
*> Preliminary.
fSee corresponding note on p. S-l.
}Series revised
beginning 1959; revisions for periods prior to May 1974 are available from the U.S. Dept. of
Aer., Economic Research Service.
d"More complete details, as well as revisions back to
1960, appear on p. 26 ff of the June 1975 issue of the SURVEY.
^Annual data in the 1973
BUSINESS STATISTICS should read as follows (mil. dol.) 1956 total imports of goods and services,
206
242
179
8,817
'300
••205
173
r!28
110
91
90
117
95
93
130
91
116
232
••147
119
78
137
65
77
68
89
159
137
134
••114
105
104
99
107
103
99
107
102
110
-19,627; 1953-59 direct defense expenditures, -2,615; -2,642; -2,901; -2,949; -3,216; -3,435;
-3,107.
9 Includes data for items not shown separately.
* All nonmarketable U.S.
Treasury securities issued to foreign official reserve agencies are included in U.S. liquid
liabilities to foreign official agencies beginning second quarter 1975.
S-4
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown in
the 1973 edition of BUSINESS STATISTICS
1974 P
1973
November 1975
1974
Annual
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
June
May
July
Aug.
Sept.
Oct. *
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION^
Federal Reserve Board Index of Quantity Output
Not seasonally adjusted:
Total index &
-By market groupings:
Products total
Final products
Consumer goods
Automotive products
Home goods and clothing
Equipment
Intermediate products
Materials
By industry groupings:
Manufacturing
Durable manufactures
Nondurable manufactures
Mining and utilities
Seasonally adjusted:
Total index
By market groupings:
Products, total
Final products
Consumer goods
125 6
124.8
130 1
128 0
121 6
113 9
110 7
111 4
110 6
110 4
110 6
114 5
do
do
do ...
do
do
do
123 4
121.3
131.7
136.6
129.1
106.7
123.1
121.7
128.8
110.0
124.6
111.7
130 2
129.2
138.8
120.6
132.8
115.8
127 3
126.3
134.1
128.1
126.8
115.5
121 4
120.4
125.2
106.8
118.6
113.8
114 1
113 1
116.1
74.1
106 0
109.0
111 9
112 5
116.7
79.4
102.3
106.5
112 8
112 9
117.9
80.3
106.7
106.0
112 3
112 2
117 4
90 3
103 8
104 9
112 5
112 0
118.7
101.4
105 4
102 8
112
112
119
103
106
102
117 7 r 113 g rr us 3 r
117 9 '
117 7
113 3
127 1 ' 122 7 r 130. 0 '
109 9 r 89 4 r ' 96. 6 '
113 2 r 103 0 r 114 6 '
100.2
101. 1 '
104.6
do
do
131.0
129.3
128.3
127 A
133 9
129 9
130.6
129. 3
124 8
121.9
117 8
113 4
109 6
108 6
112 5
109.0
112 5
107 8
114 2
106 9
113 5
107 2
117 5
109 2
do
do
do
195 1
129.4
124.7
136 2
128.2
124.0
134.2
121.6
118.3
126.4
112.4
109.5
116 5
108.6
105. 9
112 6
109.8
106.4
114.8
108 5
105.7
112 6
109 0
105.0
114 7
109 1
104 1
116 5
113 0
106.7
122 2
r
1°9 7
124.4
120.7
129.7
do
129 0
127.3
133 8
127.5
122.4
125 7
128 7
126.8
126 1
124 2
122 7
127 1
r
1967=100
122 0
7
4
4
7
3
7
115 1 ' 112 0 119 4
109 4
114 9
102 5
r
r
r H9 7
r
109 8
106. 7
'99.0
117 9
f
113.0
130 0
r
122 6
122 7
135 4
113. 6
119 3
105. 0
' 122 6 121 8
' 115 4 116 7
' 117.8
' 108. 9
126. 5 ' 130. 7
118.0
108.9
131 1
133. 8 ' 133. 6
127 4
r 103. 7
r
114.0 ' 116.0
do..
125 6
124 8
125 6
124 8
121 7
117.4
113.7
111.2
110 0
109 9
110 1
111 1
do
do
do
193 4
121 3
131 7
123.1
121 7
128.8
123 6
122 6
128 8
122 9
122 3
128 2
121 4
120 9
126 3
118.7
118.2
123.4
115.4
114.9
120.1
113.7
113.4
118.9
112 4
112 2
118 2
113.0
112 6
119 6
113 4
113 7
121 2
' 116. 8
114 2 ' 115.3 '115.8
115.7 r 116.0 ' 116. 9
114 5
123 3 ' 125. 5 ' 125. 5 ' 126. 6
do
do
do
do .-
138 9
136 6
125 4
158.2
127.9
110.0
94.9
139.0
129 1
111 6
99 6
134 5
126 5
114.7
108.4
126.9
119 7
102 1
91.0
123.6
110.1
87.5
69.8
121.5
104.0
80.3
62.6
114.4
101.0
78.2
58.9
115.5
103 1
86 8
73.1
113.2
107 8
93.6
82.4
115.2
110
97
86
119
113 2
103 4
93.2
122.8
140. 1
144.6
149 8
138.0
132.0
153.5
139 0
133.2
155 4
133.2
120.9
151.8
129.7
115.3
144 7
123.0
102.5
143.8
117.5
94.4
135.1
114.0
89.0
132.3
112.3
85.0
127 9
115.9
96.7
127 8
117 8
102.3
128 6
Nondurable consumer goods
do ..
Clothing
do
Consumer staples
do
Consumer foods and tobacco... do. ...
Nonfood staples .
do --
129 0
1162
132 4
122.1
143 2
129.2
109.0
134.5
125.4
144.0
128.7
106 0
134 8
124.4
145.7
128.9
104. 5
135.4
125.2
146.1
128.8
103 1
135.6
126.2
145.3
128.5
102.0
135.4
125.3
146.1
126.3
95.0
134.5
123.3
146.4
125.6
94 5
133.6
123.2
144.5
124.2
90 9
132.7
120.7
145.3
124.0
89 2
133.3
122.7
144.3
125 3
94 4
133 4
122.4
145 3
Equipment
do
Business equipment
do-...
Industrial equipment 9 .
do ..
Building and mining equipment-do. . - Manufacturing equipment
do. . - -
106 7
122.6
120 1
120.4
113.0
111.7
129.4
128.7
136.0
121.7
113.8
132.3
132.0
139. 8
124. 4
114.0
132.0
130. 9
141.2
122.5
113.2
131.0
129.3
140.1
119.4
110.7
127.1
126.7
137.4
116.5
107.8
122.3
122.9
138.4
111.8
105.3
119.3
120.4
137.0
109. 4
103.9
117.0
118.8
137.7
106.6
103.0
115.4
116.4
132.3
105.6
1C2 9
115.0
115.3
131.7
105.0
do..-125. 5
do. . . . 135.0
do -.
109.7
130.3
141.1
109.6
132.8
143. 3
111.8
133.2
144.1
111.2
132.9
143.1
109.8
127.6
139.3
102.9
121.6
135.2
91.8
118.0
130.4
91.5
115.1
127.8
88.8
114.2
123.2
92.2
114.7
121.5
98.6
82.3
83.1
84.1
83.7
83.4
83.8
82.4
82.1
82.4
82 7
-
Durable consumer goods
Automotive products
Autos
_Auto parts and nllied goods
Home goods 9
do
Appliances, TV, home audio__.do
Carpeting and furniture
do
Commercial transit, farm eq9
Commercial equipment
Transit equipment
Defense and space equipment
do
Intermediate products
Construction products
Materials
Durable goods materials 9
Consumer durable parts
Equipment parts
.
Nondurable goods materials 9
Textile, paper and chem. materials
Fuel and power, industrial
By industry groupings:
Manufacturing, total
Durable manufactures.
..
Primary and fabricated metals.
Primary metals
Iron and steel
.
Nonferrous metals
Fabricated metal products
Lumber, clay, and glass
Lumber and products _.
Clay, glass, and stone products
130.6
137. 4
125. 9
149. 6
138.0
126.4
150.1
' 103. 4
' 115. 9
114.8
' 129. 4
' 105. 8
102.8
115.6
114.9
131.0
105.2
' 117.1
' 123. 7
' 104.0
116.3
124.0
100.8
102.2 ' 102. 5
102.2
113.9 ' 113. 9 ' 114.8
113.3 ' 113. 5
114.0
128.3
126. 9
127.7
105.5 ' 105. 1
104.3
113.9 r 114.6 '116.3
123.0 ' 123. 2
120.7
98.0 '101.5
98.0
82.6
82.9
'114.6
' 108. 6
' 103. 2
' 101.7
' 122. 2
' 131. 1
' 120. 9
115. 2
108.8
103.9
102.0
124.0
133.4
120.5
' 114. 2
' 106. 9
' 105. 0
'95.8
'90.0
105.7
' 115.3
114.7
106.7
104.5
95.2
89.0
' 103. 9 ' 105. 5
'110.0 ' 111.5
' 114.9 '116.3
' 104. 5
106.1
105.3
111.5
116.5
106.0
120.5
118.3
122 5
117.6
115.7
119.2
115.1
112. 1
118 4
112.7
109.1
115 6
113.4
110.1
116 1
112. 4
107 6
116 9
do
do. - - .
do._-.
do _.
do
do ..
do
129 3
130.0
127.6
119 3
129.2
139 9
124.2
127 4
127.3
112.1
123 8
128.5
139.8
122.6
129 3
129.2
117.2
125.0
129.3
142. 2
129.0
128.1
129.3
115. 2
124.0
126.8
138.1
126.4
122.1
123.5
104.1
122.2
122.1
131.1
112.7
114.8
114.2
91.7
118.3
116.2
122.9
113.0
110.5
110.3
83.7
116. 9
109.2
112. 9
117.8
107 4
107.0
82.1
112 0
105. 7
108.5
118.1
105 9
104.7
84.7
108 7
105.3
106.2
118.0
105.2
101.6
86.0
104.6
107.9
110.4
117.5
104 9
100.2
87.7
102. 1
109. 5
113.2
118.0
106.8 ' 111.2
106.0
99.8 ' 100. 3 ' 106. 2
90.8 ' 92 8 ' 101. 7
97.3 " 96. 8 ' 100. 6
112.3 r' 114.0 '117.7
117.0 r 118.9 ' 124. 6
121. 1 ' 117.1
119.5
125 5
127. 2
123.0
119.1
129 2
132.0
124.6
121.6
127.6
126.0
123.9
132.4
129.6
120.9
117.9
124.4
121.0
117.7
129.4
128.2
116.1
112.2
116.0
108.6
107.9
108.2
124.1
111.8
108.2
112.4
107.2
110.6
100.9
118.2
109 3
104.8
107.7
102. 1
105.0
97 4
113.7
107 7
103 5
105.1
98.1
103.1
89 7
112.9
107.9
103.3
103.2
95.0
99.4
89.6
112.4
108.2
102.5
99. 8
89. 9
90.1
91 9
110.9
109.5
103.2
100.8
91.8
88.7
97.0
110.9
' 110. 6
130.5
124 4
190 7
127 5
124 1
119 9
131 2
131.4
117 3
125 8
125.0
126.8
116 3
128 1
133.8
125.2
118.8
132 5
137.8
126.4
118.4
131.1
137.4
124.0
114. 9
128.9
135.1
121.7
109.6
124.8
132.5
116.3
105.4
119. 6
126.7
111.5
102 4
115 6
123.6
1C6.6
101 5
112 2
119.3
104.3
101.9
110 8
116.8
104.0
101 7
109 0
113.7
103.8
102.3
108.2
112.3
103.8
102.4
108.4
112. 9
103.4
109 1
138.1
81.2
113. 2
81.1
%
100.4
118.6
82.8
144.9
102.1
123.0
81.9
142 0
93.7
107.1
80.9
142 3
83.6
86.4
80.9
139 5
78 9
78.2
79.5
139 1
77 1
77.6
76.6
1
34 2
81 0
85.4
76.7
130 6
84.7
93.1
76.6
131 1
87.6
95. 0
80.4
199 7 '
90.5
100.0
81.3
131. G
91.0 '92.9
103.2 ' 107. 2
79.3 ' 79. 2
132. 4 ' 131.8
do
do
do
do
do
do
do
128
7
1997 0
117
1000
129.1
i 97 Q
1 OQ
Q
143 2
Nondurable manufactures..
Textiles, apparel, and leather
Textile mill products
Apparel products
Leather products..
do
". do
do
do
do
129.7
115 0
197 3
113 2
83 7
do
do
do "
Q
135.1
J9g 1
199 1
123.6
120. 1
125. 7
120.6
116 6
123 0
117.8
109 3
192 9
113.7
105 2
118 8
136.1
126. 9
138.8
136.7
129.0
129.7
108 9
1" 7
105 4
77 3
147 5
130.5
106 5
191 9
1Q9 (^
74 v
•I OK
128.9
105 1
119 1
1 09 ft
70 6
Q
125.4
101 9
112 8
i no 1
74 7
121 0
12° 7
120 8
115
7
i qq n
135 4
134 0
135 3
194 3
113.2
112.3
114.4
110.0
111.9
nJwid' * iP I're!iJninary- , <f Monthly revisions for 1972 are available upon request.
Includes data for items not shown separately.
190 2
111.0
im ^
m
Q
109.6
104.6
102.6
QQ Q
QQ ft
q
104 2
m
104.8
104 1
105 4
105. 9
108 0
104 7
107.0
110 3
105 1
'
r
'112.6
105.4
' 104. 1
f-92.8 '96.5
87.0 '90.4
r 103. 8 ' 108. 0
109.7 '112.7
103.5
r 100. 7
r
r
r
81.7
117.3
111.5
123.0
121.3
124 2
112.8
106.8
r 117 4
'82.5
'82.3
114.3 '115.2 ' 116. 7
108. 0 ' 109. 1 ' 111.5
119.3 ' 120. 1 121.0
125.3
123.5
126.8
...do
do
.
do
130. 0
127.6
127. 4
197 8
Furniture and miscellaneous
Furniture and fixtures...
Miscellaneous manufactures
Paper and printing..
.
Paper and products.
Printing and publishing
' 129. 2 '
101.6
101.6
'r 136. 3 ' 136. 5 '
125. 5 ' 125.7 '
124. 2
146.4 ' 147. 7 ' 147. 8 '
' 129. 0
128.3
129.6
127 3
i 99 0
119.2
109.2
100.5
126.0
124.9
110.3
131.0
133 8
128. 7
.do .
do
do
do
Transportation equipment
Motor vehicles and parts
Aerospace and misc. trans, eq
Instruments
.
A
115.9 r 116. 1 ' 117. 8
106.9 ' 105. 9 ' 107. 3
96.8 ' 97. 9
97.7
124.8 r 123. 2 '125.3
116.5
117.1
117.1
127.4
r
121.0 rr 121.9 ' 123. 7
118.8
107. 3 ' 109. 1
103.5 ' 104. 7
135. 8
133.5
'136.0
131 1
127.2
97 7
134.9
'
r
do
do
do
do
do .
do
do
do
do
Machinery and allied goods 9
Machinery
Nonelectrical machinery
Electrical machinery
Of)
5
6
3
3
112.2
191 0
120 7
132 5
118 5
121 3
104.2
115.0
'95.4
' 111.3
'80.1
' 133. 6
94.9
111.3
79.0
134.1
118.3 ' 109. 4 ' 111.6
112 0 ' 112 0 112.8
111.0
106 2 ' 107. 9
112.0
128.4
120.4
120.0
110. 6
119.6
110. 6
128. 0
118.7
106.7
129.7
117.6
119.7
120.1 '121.2 '122.3 ' 123.94
r 109 4 ' 109 2 110
r 131 g
' 134 3 135 4
123.1
121.9
96 3
102 9
98 0
69 7
117.2
88 9
95 6
94 0
66 1
115.6
89 6
93 3
113.7
87 5
96 8
86 4
63 5
114.8
90 4
100 4
88 2
68 0
116.2
93 2
103 8
90 9
70 0
118.6
94 9
106 9
91 5
71 2
124.
9
109 6
119 7
126.3
104.7
Q9 fi
66 7
123.1 '
r 99 4 '
' 114 9
94 0
r 73 5 ' 72 5
120.8
r 97 4
r HO 7
r 99 9
78 1
114.0
107 3 ' 110 6 ' 113.0
107 3
102 4
103 9
112 3
108 2
106 6
104 2
111 7 ' 116 4 121 1
109 5
109 5
105 8
114 3
105 8
116 1
104 5
106.8
104.4 ' 106. 8 ' 107. 5
105. 9
102.6
100.2
104.1
104.7
104.0
109.8
AData reflect updating of seas, factors for the automotive industry; revisions back to Jan.
1972 are available from the Bureau of the Census, Wash., D.C. 20233.
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown in
the 1973 edition of BUSINESS STATISTICS
1973
1975
1974
1974 *
Sept.
Annual
S-5
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION {-Continued
Federal Reserve Index of Quantity Output— Con.
Seasonally ad justed— Continued
By industry groupings— Continued
Manufacturing, total— Continued
Nondurable manufactures— Continued
Chemicals, petroleum, and rubber 1967=100.
Petroleum products
_
Mining and utilities
149.3
150.2
127.4
163.8
151. 7
154.3
124.0
164.4
154.7
158.3
121.9
168.6
152.4
155.9
125.4
161.8
146.5
148.3
127.0
155.7
141.6
143.1
125.8
148.9
136.5
139.0
126.8
135.4
132.4
134.6
123.7
132.0
130.2
133.6
120.1
126.8
131.0
132.8
120.2
133.5
132.4
135.7
118.5
132.7
136.2 '140.2 ' 143. 5 ' 145. 5
138.2
143.4
146.0
148.7
122.4
' 124. 6 ' 126. 5 ' 127. 0
140.1
141.6 '147.7
149.9
147.2
150.7
127.0
121.9
122.7
110.7
124.8
126.2
106.4
124.3
125.7
106.0
123.7
124.8
110.3
123.8
125.4
103.8
123.5
125.7
96.2
121.1
122.3
104.7
121.3
122.3
108.4
120.0
121. 3
102.6
122.5
122.9
115.9
122.4
123.7
103.8
123.5 ' 124. 8 ' 124. 9
125.5
125.1 ' 126. 3 ' 126. 3 ' 126. 9
102.2
104.8
105.7
126.1
127.6
do
129.0
110.3
130.8
109.5
108.3
104.4
108.9
104.4
127.3
1C9.3
129.2
109.1
107.3
105.1
107.7
99.8
128.7
109.2
130.5
105.0
107.7
112.1
107.1
98.8
128.5
110.5
141.4
107.5
107.8
110.3
107.4
97.5
125. 9
105.0
136.8
109. 8
101.2
67.6
106.4
97.6
125.7
104.4
134.7
106.4
101.1
85.3
103.6
95.3
127.0
107.0
133.8
109.0
103.9
111.3
102.9
95.3
127. 3
108. 6
131.1
106.1
106.8
117.5
105.0
97.7
128.8
108.9
125.4
105.1
107.7
117.4
106.1
95.9
128.0
108.5
125.8
104.7
107.4
112.2
106.6
95.0
126.5
105.9
114.8
100.4
105.8
113.6
104.5
94.3
126.8
127.4
106.3
106.4
110.6 r 110. 3
95.3 ' 101. 4
1C7.6 '106.7
120.4
120.6
105.5 ' 104.5
95.7
'95.5
do
do
152.6
161.1
124.2
149.9
159.5
117.9
153.1
162.4
151.2
161.2
152.3
162.9
152.6
163.0
152.1
162.5
150.9
161.1
154.1
165.3
153.1
164.2
152.3
163.0
152.6
163.3
do
do
Stone and earth minerals
Utilities
Electric
126.9
'104.8
' 122. 3
'98.8
'103.9
' 101. 9
'104.2
'94.7
'128.2
'106.1
118.9
97.7
' 106. 0
113.6
'104.8
94.9
128.5
106.3
' 153. 7 '154.5
164.7
165.6
' 156. 0
156.6
106.3
114.5
105.0
BUSINESS SALES §
1,724,898 1,966,586 170,735 176, 582 168, 952 164,866 150,959 153,736
161,057 163,758 167,884 170,934 163,858 '170,969 175, 930
1,724,898 1,966,586 170,355 170,997 167,918 162,347 161,915 163,248 159,050 162,374 163,038 165,504
Manufacturing, totalcfA
Durable goods industrtesd" A...
Nondurable goods industries
Nondurable goods stores
Merchant wholesalers, total O
1,724,898
856,758
392, 092
980, 677
511,614
469,063
85,749
44,828
40,921
87,402
45,857
41,545
85,675
44,275
41,400
79,737
40,799
38,938
79,234
40,247
38,987
79,214
39,992
39, 222
77,509
39,124
38,385
80,333
40.851
39, 482
79,423
40,183
39,240
80,740
40,458
40,282
82.902 ' 85,258
41,227 ' 42,492
41,675 ' 42,766
86,289
43, 356
42, 933
do...
503,317 1537,782
170. 275 167,313
333,042 370,469
45,858
14,100
31,758
45,844
13,686
32, 1&8
44,529
13,035
31, 494
45,109
13,554
31,555
46,006
14,126
31,880
46,914
14.664
32,250
45,951
13,378
32,573
46,813
14,165
32,648
48,173
14,703
33,470
48,578
14,965
33,613
49,655 ' 49,925
15,432 ' 15,506
34,223 ' 34,419
49, 473
15,350
34, 123
364,803 i 448,127
168,074 202.341
196,729 245,786
38,748
17,691
21,057
37, 7.51
17, 245
20,506
37, 714
16, 609
21, 105
37,501
16,400
21,101
36,675
16,020
20,655
37, 120
16, 025
21,095
35,590
14,992
20,598
35, 228
15,007
20, 221
35,442
15,024
20,418
36, 186
14,995
21,191
36,567 '37,166
15,329 ' 15,187
21,238 ' 21,979
37, 515
15, 871
21,644
do...
Nondurable goods establishments
169,124 '172,349 173,277
do
do
do
...do...
BUSINESS INVENTORIES §
Mfg. and trade inventories hook value, end of year
Mfg. and trade inventories, book value, end of year
222,531
268,513 255,426 264,034 269,561 268,513 269,553 270,157 270,344 269,779 266,735 264,342 262,275 '260,949 262, 169
271,050
150,404 142, 975
97, 967 93,184
52,437 49,791
45, 062
94,680
50,382
47, 135
95, 787
51, 348
150,404 151,624 151,993 151,194 150,184 148,951 148,059 147,189 '146,583 146,497
97,967 99,124 100,082 99,879 99, 803 99,378 98,796 98,189 ' 97 199 96,713
52,437 52,500 51,911 51,315 50,381 49,573 49,263 49,000 '491384 49, 784
70,700
31, 273
39,427
73,087
33, 1£0
39,897
73,964
34, 251
39, 713
74,082
34,649
39,433
73,327
34,267
39,060
72,308
32, 956
39,352
71,728
32,460
39,268
71,483
32, 375
39, 108
70,826
32,086
38,740
70,840
31, 909
38,931
71,503
32,270
39,233
72,578
33, 324
39,254
72,943
33,471
39, 472
46,564
27,779
18,785
44,500
26,087
18, 413
45,642
26,709
18,933
45, 976
27, 293
18,683
46,564
27,779
18,785
46,197
28,386
17,811
45,951
28, 315
17, 636
45,527
28,134
17,393
45, 303
28, 019
17, 284
44,558
27,652
16,906
44,850
27,605
17,245
44,653 ' 45,501
27,244 ' 27,266
17,409 ' 18,235
45, 692
27,388
18,304
Durable goods industries
Nondurable goods industries
do
do
Nondurable goods stores
do
65,229
29,593
35,636
74,082
34,649
39,433
do
do
do
38,302
21, 892
16,410
Merchant wholesalers, total O
Durable goods establishments
Nondurable goods establishments
258,175 263,791 267,075 271,050 271,148 270,252 268,449 266,970 264,335 263,749 263,345 '264,662 265, 132
224,401
120, 870
79,441
41,429
BUSINESS INVENTORY-SALES RATIOS
Manufacturing and trade, total d*©..
Materials and supplies
_
Nondurable goods industries
Materials and supplies
Retail trade, total t
ratio..
1.46
1.50
1.52
1.54
1.59
1.67
1.67
1.66
1.69
1.64
1.63
1.59
1.56
1.54
1.53
do
1.58
1.91
.56
.87
.48
1.65
2.06
.67
.91
.48
1.67
2.08
.69
.90
.48
1.66
2.06
.69
.89
.48
1.72
2.16
.73
.93
.51
1.89
2.40
.82
1.02
.57
1.91
2.46
.85
1.C3
.59
1.92
2.50
.86
1.04
.60
1.95
2.55
.88
1.06
.62
1.87
2.44
.83
1.03
.59
1.88
2.47
.82
1.05
.60
1.83
2.44
.81
1.04
.60
1.78
2.38
.78
1.02
.58
1.72
2.29
.74
.98
.56
1.70
2.23
.73
.95
.55
do
do
1.20
.45
.19
.55
1.19
.47
.19
.53
1.22
.49
.19
.53
1.21
.49
.19
.54
1.24
.49
.19
.56
1.35
.53
.21
.61
1.35
.53
.20
.62
1.32
.52
.20
.61
1.34
.53
.19
.62
1.28
.50
.19
.59
1.26
.50
.19
.58
1.22
.48
.18
.56
1.18
.46
.18
.54
1.15
.45
.18
.53
1.16
.45
.18
.54
do
1.46
1.98
1.19
1.54
2.22
1.23
1.54
2.22
1.24
1.59
2.43
1.24
1.66
2.63
1.26
1.64
2.56
1.25
1.59
2.43
1.23
1.54
2.25
1.22
1.56
2.43
1.21
1.53
2.29
1.20
1.47
2.18
1.16
1.46
2.13
1.16
1.44
2.09
1.15
'1.45
'2.15
1.14
1.47
2.18
1.16
1.16
1.47
.90
1.13
1.45
.87
1.15
1.47
.87
1.21
1.55
.92
1.22
1.64
.89
1.24
1.69
.89
1.26
1.77
.86
1.24
1.77
.84
1.28
1.88
.84
1.29
1.87
.85
1.26
1.84
.83
1.24
1.84
.81
1.22
1.78
.82
'1.22
'1.80
.83
1.22
1.73
.85
31, 623
43,123
3,720
3,767
4,277
4,235
4,035
3,968
3,949
3,739
3,408
3,625
3,838
3,965
4,333
4,068
4,277
4.203
4,385
4,224
4,584
4,468
4,001 '3,788
4,475 ' 4, 184
4,346
4,390
856,778
980,677
88,949
89, 892
85,144
75,406
73,923
80,103
80,184
81, 730
80,273
85,494
76,916 '83,692
89,984
Merchant wholesalers, total O
do..
Durable goods establishments
do
Nondurable goods establishments
do._~~
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:
Durable goods industries:
Shipments (not seas, adj.) totald"
do
464,686 511, 614 46, 329 47,165 43,893
2,214
2.501
2,581
24, 936
26,690
8,467
8,031
8.251
92,365
72,027
4,209
4,216
4,398
46, 116
35, 260
2,585
2,807
2,853
Nonferrous metals
do
26.539
33, 248
T
J
J
Revised.
» Preliminary.
Based on data not seasonally adjusted.
Advance
estimate; total mfrs. shipments for Sept. 1975 do not reflect revisions for selected components.
o"See corresponding note on p. S-6. §The term "business" here includes only manuacturing and trade; business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted data for manufacturing are shown below on
pp. 8-6 and S-7; those for wholesale and retail trade on pp. S-ll and S-12.
tSee note marked "f'onp. S-12; revisions for inventory-sales ratios for retail trade, total,
durable, and nondurable for Jan. 1971-July 1974 appear on pp. 26 ff. of the Nov. 1975 SURVEY.
Durable goods industries, total 9 d"
do
38, 158 37,259 40,467 40,802 42, 015 41,261 43,699 37,412 40, 798 '45,185 145,593
2,412
2,321
2,216 '2,355
2,229
1,913
2,217
1,857
1,997
1,830
6,139 ' 6, 925 '6,416
6,264
5,445
6,582
6,191
7,026
6,580
6,690
6,972
'
3,
Oil
3,616
3,109
2,705
3,795
3,518
3,117
3,448
3,531
3,915
' 2, 089
2,160
2,014
1,824
1,922
1,964
1,972
1,962
2,056
2,156
9 Includes data for items not shown separately.
| See note marked "o?" on p. S-4.
ASee corresponding note on p. S-4.
©Revisions for this item for Jan. 1964-Dec. 1970 (inventories) appear on p. 44 ff. of the
Dec. 1974 SURVEY; those for Jan. 1971-July 1974 appear on pp. 26 ff. of the Nov. 1975 SURVEY.
QSee note marked "t" on p. S-ll.
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated In footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
| 1974
Annual
November 1975
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
5,691
7,669
5,834
10,251
7,222
1,595
10,939
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Rhipments (not seas, adj.)— Continued
Durable goods industries— Continued
Fabricated metal products
.. mil. $.. 53, 707
73, 380
Machinery except electrical
do
63, 497
Electrical machinery
do
113,317
Transportation equipmentcf
_do__
77, 278
Motor vehicles and parts
do
14, 334
Instruments and related products
do
61, 271
86, 572
66, 741
109, 521
72, 120
16, 053
392, 092
Nondurable goods Industries, total 9 -do
134, 947
Food and kindred products
do
6,201
Tobacco products
do
Textile mill products. ... . ._
... _.do _ . 30, 531
5,652
1,483
5,195
7,227
5,514
10,089
6,985
1,493
4,712
7,443
5,117
7,379
4,490
1,344
4,579
6,927
4,674
7,550
4,906
1,215
4,830
7,758
5,241
8,560
5,344
1,290
4,783
7,900
5,211
9,062
5,727
1,358
5,183
7,789
5,299
9,381
6,166
1,373
5,053
7,507
5,240
9,492
6,234
1,362
5,248
8,122
5,630
10,131
6,659
1,493
4,844
6,650
4,902
7, 927
5,012
1,319
583
2,941
42, 727
14, 430
637
2,891
41,251
14,247
577
2,664
37, 248
13, 372
600
2,262
36, 664
12, 846
568
2,060
39,636
13,629
586
2,287
39, 382
13, 548
591
2,543
39,715
13,535
585
2,446
39, 012
13, 256
605
2,528
41,795
14,059
627
2,924
39,504 ' 42,894 44, 685
13,346 ' 14,059 14, 846
621
'647
577
2,482 ' 2, 986 3,180
3,577
3,582
5,056
5,042
2,124
2,195
3,474
6,791
5,116
1,987
3,097
6,118
4,970
1,715
3,104
6,292
4,847
1,816
3,293
7,019
4,985
1,923
3,164
7,011
4,875
1,914
3,185
7,183
4,982
1,998
3,171
7,007
4,988
1,957
3,419
7,374
5,376
2,116
3, 185
6,630
5,427
1,910
do
85,749
87,402
85,675
79,737
79,234
79,214
77,509
80,333
79,423
80,740
82,902 ' 85,258
do
do
do
do.. .
do
44,828
2,338
45,857
2,428
9,022
4,980
2,824
44,275
2,242
8,572
4,635
2,657
40,799
2,070
7,379
3,954
2,338
40,247
2,144
7,241
4,024
2,063
39,992
2,072
6,852
3,699
2,004
39,124
2,000
6,143
3,252
1,813
40,851
2,181
5,968
3,038
1,822
40.183
2,140
5,711
2,778
1,852
40,458
2,119
5,662
2,744
1,861
41, 227 42, 492 ' 43,280 2 44,065
2,249 ' 2, 203 2,254 2
5,921
6,472 ' 7, 065 6, 787
3,814
2,865 '3,166
2,057 ' 2, 208 2,126
Fabricated metal products
Machinery except electrical
Electrical machinery
Transportation equipmentcf A
Motor vehicles and partsA
Instruments and related products
do
do
do
do
do
do
5,277
7,356
5,644
10.136
5, 528
7, 787
5,256
7,795
5,350
9,333
6,248
1,464
4,940
7,740
5,076
8,124
5,316
1,357
5,062
7,385
5,114
8,045
4, 970
1,351
4,902
7,415
5,197
8,323
5,138
1,328
4,690
7,291
5,066
8,776
5,600
1,358
5,113
7,471
5,448
9,132
5, 952
1,402
5,033
7,326
5,414
9, 033
5,936
1,365
4,898
7,380
5,306
9,456
6,193
1,402
5,184
7,285
5,368
9,513
6,422
1,412
' 5, 226
5,317
' 7, 300 7,405
' 5, 472 5,476
10, 037 ' 9, 823
' 6, 765
6,793
' 1, 438
1,467
Nondurable goods Industries total 9
Food and kindred products
Tobacco products
Textile mill products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products
do
do
do
do
do
do
do
do
40,921
13,497
41, 545
13, 924
639
41,400
14,048
573
2,628
3,532
7,153
5,161
2,062
38, 938
13, 494
615
2,342
3,287
6,866
4,915
1,898
38, 987
13,690
603
2,241
3,215
6,775
4,835
1,957
39,222
13,656
616
2,309
3,230
6,863
4,854
1,899
38, 385
13,313
606
2,391
3,037
6,711
4,901
1,821
39,482
13,844
605
2,484
3,165
6,637
5,014
1,889
39, 240
13,435
598
2,589
3,193
6,611
5,064
1,897
40,282
13,675
582
2,751
3,270
6,944
5,272
1,976
41,675
13,893
607
2,884
3,382
7,232
5,477
2,070
' 42,766 42, 933
' 14,165 14, 051
'625
558
' 2, 933 3,026
3,524
' 3, 432
' 7, 496
7,601
' 5, 890
5,718
' 2, 063
2,083
7,327
16,650
11,364
7, 396
6,301
36,637
6,525
16, 185
11,315
6,317
5,955
33, 440
6,481
16, 283
11,086
6,017
5,898
33, 469
6,546
16,400
11,363
6,140
5,769
32,996
6,554
16,211
11,094
6,581
5,545
31, 524
7,075
16,717
11,349
7, 045
5,972
32,175
7,128
16,300
11,145
7, 029
6,104
31,717
7,152
16,790
11,275
7,309
5,957
32,257
7,494
17,171
11,064
7,586
6,378
33,209
' 7,623
' 17, 193
' 11, 175
'7,974
'6,311
' 34,982
3,185
12, 749
11,213
1,536
2,963
12, 547
10, 962
1,585
2,914
12, 434
10, 790
1,644
2,898
12, 729
10, 976
1,753
2,918
12, 484
10, 770
1,714
3,169
12, 698
10, 956
1,742
3,228
12, 372
10,704
1,668
3,202
12, 567
10, 901
1, 666
3,366
12,315
10, 748
1,567
3,431
12,544
10,812
1,732
Paper and allied products.. ._
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products
Shipments (seas adj ) totalcf A
By Industry group:
Durable goods Industries, total 9 cf A...
Stone clay and glass products
Primary metals
Blast furnaces, steel mills
Nonferrous metals
do __
do
do
do
Inventories, end of year or month:
Book value (unadjusted), total
Durable goods industries, total
Nondurable goods industries total
Book value (seasonally adjusted) total
By Industry group:
Durable goods industries, total 9
Stone, clay and glass products
Primary metals
Blast furnaces, steel mills
Nonferrous metals
10, 871
469, 063
156, 744
6,926
33, 097
42,620
14,287
39, 812
81, 377
56, 852
23, 416
7, 556
4,448
2,808
6, 890
1,337
563
2,796
3,484
7,346
5,036
2,078
120, 312
78, 835
do
120, 870
do
do
do
do
do
79, 441
2,813
By stage of fabrication:
Materials and supplies 9
do
Primary metals
do
Machinery (elec. and nonelec.)_._do
Transportation equipment
do
10, 199
6,921
1,456
6,005
8,415
do
do
do
Fabricated metal products
do
Machinery except electrical
do
Electrical machinery
do
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products. _do
7,675
5,802
32, 417
67, 034
35, 815
20, 488
By market category:
i 80,572
Home goods and apparel
do
i 166,933
Consumer staples
do
i 111,622
Equipment and defense prod excl auto cf do
* 91,945
Automotive oquipmentA
do
i 72, 361
Construction materials and supplies
do
i
Other materials and supplies
do _. 333,345
Supplementary series:
Household durables
do- - i 36, 451
Capital goods Industriescf
- -do. .. 1131,725
1112,913
Nondefense cf
do
i 18,812
Defensecf
...
_ -do
41,477
9,356
4,672
3,449
8,997
16, 703
12, 559
18, 233
5,646
3,268
5,721
7,612
1
87, 844
i 188, 087
1 J2g gg-j^
1
87' 053
1
7,429
16,072
10,991
8,111
77, 174
412, 158
6,503
36,643
i 38, 873
1 147, 601
11128, 725
18, 876
3,287
1
12, 648
11,010
1,638
7,703
7,201
5,545
9, 803
6,611
1,422
2,656
3,512
7,286
5,105
2,121
7, 591
16, 644
11, 445
7,882
6,672
37, 168
3,345
12, 950
11, 287
1,663
5,307
6,848
5,339
8,748
5,613
1,443
'
'
'
'
3, 471
7, 296
5, 865
2, 065
3,617
7,846
5,728
2,129
86, 289
' 3, 526 2 3, 636
' 12,409 2 13,047
' 10,744 211,226
' 1, 665 2 1, 821
141,638 144,120 146,371 149,762 151,943 152,692 151,930 151,351 150,109 148,160 146,494 '145,976 145, 120
92,512 93, 968 95,132 97, 198 99,005 100,403 100,482 100,729 100,276 98,910 97,869 ' 97,017 95, 998
49,126 50, 152 51,239 52, 564 52, 938 52,289 51, 448 50,622 49, 833 49,250 48,625 ' 48,959 49, 122
150,404 142,975 145,062 147,135 150,404 151,624 151,993 151,194 150,184 148,951 148,059 147,189 '146,583 146, 497
97, 967 93,184 94, 680 95,787 97, 967 99, 124 100,082 99, 879 99,803 99, 378 98,796 98,189 '97,199 96,713
3,695 3,721 3,760
3,741
3,692
3, 728
3,721
3,552 3,649
3,651 ' 3, 661 3,615
3,781 3,773
11,861 10,940 11,141 11,290 11,861 12, 446 13,015 13, 381 13,770 14, 114 14,295 14,282 ' 14,090 13, 790
5,233 5,747
6,241
6,620
7,525
7,832 '7,761 7,498
5,172
7,234
7,769
5,747
5, 073
6,920
4,403 4,588
4,807
4,764
4,211
4,788
4,774 ' 4, 683 4,674
4,266 4,308 4,369
4,369
4,661
11,347
11,825
12,045
11,793
11,678
' 11,091 11,042
11,885
11,407
11,285
11, 793 10,705 10, 934
12, 090
21, 552 20,237 20, 627 21,132 21, 552 21, 907 22,168 22, 400 22,478 22, 312 22,116 21,984 '21,894 21,699
14, 684 14,299 14, 526 14,639 14, 684 14,801 14,758 14, 347 14,088 13, 837 13,580 13,444 ' 13,325 13, 196
21, 000 20,189 20, 425 20,418 21, 000 21, 245 21,392 21, 120 21,335 21, 336 21,494 21,481 '21,116 21,366
6,278
6,560
6,697
6,428
6,354
6,188
6,255 ' 5, 915 5,991
6,296
6,697
6,263 6,350
6,266
4,209
4,292 4,223 4,132
4,329
3,922 ' 3, 947 3,899
4,192
4,018
3,966
4,045
4,177
4,329
149, 762
97, 198
52, 564
31,102
4,899
10,691
4,555
31, 846
5,018
32,164
5,127
11,038
4,423
33, 393
5,408
11, 277
4,866
34, 103
5,862
11, 505
4,838
34,561
6,193
11,561
4,918
34, 304
6,238
11, 553
4,797
33,738
6,357
11,323
4,714
33, 090
6,411
11, 125
4,636
32,676 32,159 '31,626 31, 452
6,478 ' 6,462 ' 6, 277 6,243
10,922 10,723 ' 10,683 10, 624
4,761
4,789 ' 4, 629 4,694
41, 506
3,728
15, 887
14, 247
40,488
3,665
15,482
13,986
40, 848
41,121
3,654
15,794
14,243
41,506
3,728
15, 887
14, 247
41, 454
3,669
15, 817
14, 549
41,632
3,794
15,761
14,594
41,513
4,043
15, 523
14, 420
41,939
4,206
15,556
14,697
42, 022
4,410
15, 349
14, 753
41,917
4,439
15,169
14,822
42,031 '41,692
4,491 ' 4, 471
15,208 ' 15,080
14,756 ' 14,535
23, 068
2,725
9,072
1,887
21,594
2,376
8,363
21, 986
22,502
2,509
8,939
1,752
23, 068
2,725
9,072
1,887
23, 567
2,915
9,386
1,858
23,889
3,028
9,604
1,880
24,062
3,100
9,671
1,903
24,126
3,207
9,687
1,924
24, 266
3,293
9,675
1,947
24,203
3,378
9,605
1,911
23,999 ' 23,881 23, 885
3,329 ' 3, 342 3,260
9,497 ' 9, 456 9,465
1,936 '1,952
1,948
41, 429
52, 437 49,791 50, 382 51,348
Nondurable goods industries, total 9 do
10, 584
12, 425 11,812 11,745 12,151
Food and kindred products _ _ do _
2,460
2,772
Tobacco products
do
2,950
2,726
2,822
4,589
4,812
5,037
Textile mill products. .
. do
5,131
5,006
3,267
4, 521
Paper and allied products
do
4,737
4, 350
4,668
7,268
9,444
Chemicals and allied products
do
9, 896 10,205
10, 605
2,626
Petroleum and coal products . _ do _
3,925
3,924 3, 869
3,892
2, 627
Rubber and plastics products
-do
3,267
3,141
3,187
3,265
By stage of fabrication:
15,818 20,727 20,226 20, 273 20,353
Materials and supplies
_ _ .do
Work in process
do
6,597
8,044
7,823 7,917
7,748
Finished goods.. ...
_
_ do
19, 014
23, 666 21,817 22, 286 23,078
l
' Revised.
Based on data not seasonally adju sted.
2 Advance estimate ; total m frs.
shipments for Sept. 1975 do not reflect revisions for selected c omponent s.
dVIs a resu t o f
corrections in the aircraft, missiles, and parts indu stry data for this c jmponen t have b een
revised by the Bureau of the Census back to 1968. IRevised diita prior t o May 1973 appea r i n
52, 437
12, 425
2,950
4,812
4,737
10, 605
3,925
3,267
52, 500
12, 145
3,069
4,694
4,871
10, 924
4,061
3,298
51,911
11,930
3,095
4,543
4,877
10,875
4,210
3,227
51,315
11, 752
3,069
4,380
4,856
10, 887
4,203
3,173
50,381
11,480
3,037
4,267
4,738
10,931
4,157
3,069
49, 573
11, 079
3,059
4,226
4,658
10, 888
4,066
3,055
49,263
10,702
3,095
4,200
4,597
10,921
4,107
3,053
49,000
10,679
3,121
4,243
4,489
10,683
4,144
3,022
3,586
8,359
3,888
Work In process 9
do
Primary metals
do
Machinery (elec. and nonelec ) do
Transportation equipment
- .do. .
36, 078
Finished goods 9 .
do
Primary metals
do
Machinery (elec. and nonelec ) do
Transportation equipment
.do
18, 940
3,450
13, 407
12, 761
2,320
7,496
1,584
9, 850
7,925
16,987
11,081
7,944
6,479
35, 873
33, 393
5,408
11,277
4,866
24, 423
2
1,648
11,045
4,479
3,648
15, 603
14, 244
2,475
8,505
1,702
' 49,384
' 10,992
' 3, 149
'4,314
' 4, 582
' 10,821
' 4, 158
' 2, 956
41, 376
4,287
14, 806
14, 724
49, 784
11,395
3,116
4,378
4,569
10, 767
4,205
2,936
20, 727 20, 715 20,436 20, 181 19,734 19, 503 19,232 19,135 ' 19,130 19, 129
7,664
8,044
7,750
7,463 7,481
7,323 7,407
7, 457 ' 7, 540
7,652
23, 666 24, 035 23,811 23, 671 23,166 22, 747 22,624 22,408 ' 22,714 23, 003
two C"ensus B ureau pu blication s, "Cha nge Shee ts" to M frs'. Shi]Dments, "nventor es, and
Order s: 1967-7 i (Series: M3-1.5) issued J une and July 1974
9 In eludes d ata for it<ims not
showii separat ely.
/iSee corr espondirig note 01i p. S-4.
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated In footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-7
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
Aug.
July
Sept.
Oct.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month— Continued
Book value (seasonally adjusted)— Continued
By market category:
Home goods and apparel
_
mil. $__
Consumer staples _
do
Equip, and defense prod., excl. auto
do
Automotive equipment
_.
__do_ __
Construction materials and supplies
do
Other materials and supplies ._
do ...
Supplementary series:
Household durables
do
Capital goods industries .
do_.
Nondefense
do
Defense
-~
do
New orders net (not seas ad].), total cf
Durable goods industries, totalcf
Nondurable goods industries total
do
- do
do
New orders net (seas adj ) total d"1 A
By industry group:
Durable goods industries, total 9 d1 A
Primary metals
Blast furnaces steel mills
Nonferrjus metals
do
do
do
do
Machinery except electrical
do
Transportation equipmentcf A
do .
Nondurable goods industries total
Industries with unfilled orders©
Industries without unfilled orders^
do
do
do
do
By market category:
Home goods and apparel
__do
Consumer staples
do
Equip, and defense prod., excl. auto.cf
do
Automotive equipmentA
do
Construction materials and supplies
do _
Other materials and supplies..
_.do
Supplementary series:
Household durables
__
do _
Capital goods industriesd"
do
Nondefensed 1 . . do .
Defense cf
do
Unfilled orders, end of year or month (unadjusted),
total d"
. . . .
mil. $
Durable goods industries, totalcf .._ .
.do
Nondur. goods irid. with unfilled orders0
do
Unfilled orders, end of year or month (seasonally
adjusted), total d"
..
mil. $
By industry group:
Durable goods industries, total 9 d"
do...
Primary metals ._
do
Blast furnaces, steel mills
do
Nonforrous metals
do
Fabricated metal products
do
Machinery, except electrical
do. _
Electrical machinery
_ 1
do
Transportation equipmentd
do
1
Aircraft, missiles, and partsd"
do
Nondur. goods ind. with unfilled orders©.. do. .
By market category:
Home goods, apparel, consumer staples. ..do
Equip, and defense prod., incl. auto.d"
do
Construction materials and supplies
do
Other materials and supplies
do
Supplementary series:
PTousehold durables
.
do
1
Capital goods industriesd
-.
do
1
Non defense
d"
-.do
Defensed 1
do
13, 231
16, 024
31, 140
7,305
10, 220
42, 950
14, 900
19, 530
37, 967
8,475
13, 195
56, 337
14, 839
18, 380
36,234
8,171
12,754
52, 597
14, 929
18, 598
36, 919
8,247
12, 762
53, 607
14,904
18,979
37,472
8,167
12,906
54707
14,900
19,530
37,967
8,475
13,195
56337
14, 558
19, 666
38, 634
8,338
13, 019
57,409
14,085
19,657
39,093
8,178
12,990
57,990
13, 582
19, 538
39, 226
7,967
12, 996
57, 885
13, 071
19, 232
39, 369
7,934
12, 915
57 663
12,805
18,969
39,200
7,821
12,890
57266
12, 623 12,653 r 12,421 12, 496
18, 623 18,472 r 18,803 19, 051
38, 959 38,844 r 38,739 38, 739
7,964
7,824 ' 7, 444 r 7, 553
12, 806 '12,736 r 12,776 ' 12,720
57, 084 56660 r 56 400 55 938
6,263
35, 103
29, 488
5,615
7 522
42, 482
35, 939
6 543
7,368
40, 675
34, 298
6 377
7,514
41, 368
34, 905
6,463
7 528
42,031
35,554
6,477
7 522
42482
35,939
6,543
7,473
43, 282
36, 779
6,503
7,318
43,816
37,102
6,714
7,070
43, 713
36, 846
6,867
6 807
43, 945
36, 967
6 978
6,684
43,774
36,664
7,110
6,511
43, 529
36, 162
7,367
6 394
43 439
35,984
7 455
886, 029
493, 171
392, 858
999, 568
531, 462
468, 106
89, 802
47, 429
42, 373
87, 914
45, 418
42, 496
83,368
42,402
40.966
72,894
36, 024
36,870
72, 026
35, 434
36, 592
78,444
38, 811
39,633
77, 538
38, 107
39, 431
79, 345
39, 479
39, 866
77,916
38, 800
39,116
83, 735
41,746
41, 989
78,492 r 83,594 89, 034
38,807 40, 585 '44,039 1 43, 980
39,685 ' 43,009 44, 857
2 886,029 2 999,568
86, 959
85, 678
83, 805
76, 704
75, 068
76, 478
74, 363
78,600
78, 753
80, 237
83,550 ' 85,649
493, 171
78, 642
39, 913
27, 436
531,462
94, 667
46, 467
33, 855
46, 214
8,611
4,414
2,960
44, 393
8,378
4,366
2,691
42, 705
7,863
3,974
2,615
38, 092
6,297
2,982
2,230
36, 172
5,071
2,228
1,830
37, 362
5,378
2,721
1,707
35, 973
4,961
2,344
1,683
38, 983
5,395
2,707
1,734
39, 428
5,863
2,985
1,937
39, 730
5,887
3,209
1,826
41,681
6,189
3,131
2,057
57, 881
80, 432
67, 473
118, 572
24, 499
65, 824
94, 070
67, 646
113,431
27, 322
5,871
8,120
5,149
10, 435
2,729
5,555
8,001
5, 192
9,321
2,280
5,226
7,559
4,926
9,298
2,463
4,387
7,426
4,439
8,300
2,462
4,720
6,837
4,919
7,363
1,584
4,784
6,805
4,931
8,369
2,650
4,449
6,759
4,662
8,186
1,846
4,813
6,946
5,316
8,738
1,736
4,844
7,117
5,183
8, 769
1,974
4,700
6,984
5,153
9,194
2,021
5,111
7,368
5,279
9,793
2,222
392, 858
99, 484
293, 374
468, 106
110, 046
358, 060
40,745
9,437
31, 308
41, 2.85
9,335
31, 950
41,100
9,223
31,877
38,612
8,351
30,261
38, 896
8,537
30, 359
39,116
8,641
30,475
38, 390
8,484
29, 906
39, 617
8,911
30,706
39,325
9,010
30,315
2 80, 983 2 87, 313
2 166, 960 2 188 082
* 121,984 2 139,226
2 93, 479 2 86 755
2 76, 200 2 80 740
2 346, 423 2 417,452
7,263
16, 085
12, 025
8,042
6,952
36, 592
7,534
16, 641
11, 425
7,367
6,625
36, 086
7,163
16,651
11,308
6,871
6,350
35,462
6,338
16,185
10,921
6,103
5,623
31,534
6,345
16, 301
10, 650
5,621
5,795
30, 356
6,501
16,389
10,504
6,022
5,561
31,501
6,474
16 197
10, 228
6 478
5 339
29,647
7,148
16, 716
10, 967
6 930
5,664
31, 175
2 36, 761 238,411
2144,072 2 160,802
2123,723 2 137,933
2 20, 349 2 22, 869
3,128
13, 510
11, 832
1,678
3,294
12, 784
11, 383
1,401
3,057
12,974
10,623
2,351
2,810
12, 127
10, 459
1,668
2,781
11,712
10, 077
1,635
2,842
12, 117
9,970
2,147
2 830
11, 224
9,522
1 702
3,228
11, 948
10, 309
1,639
r
r
r
6 280
6 280
43,346 43 229
35,771 35, 541
'7 575 7 688
85, 501
42, 688 '42,227 1 42, 779
6,909 r 6, 265 i 6, 941
3,141
' 3, 648
r 2, 173
2,155
' 5, 179
' 6, 929
' 5, 809
9,758
'2,016
5,178
7,139
5,175
r 9, 982
1,905
40, 507
9,346
31, 161
41,869 ' 42,961
9,740 ' 9, 806
32,129 ' 33,155
43, 175
10, 182
32, 993
7,129
16,293
10,910
6, 988
5,894
31,539
7,185
16, 807
10, 964
7,155
5,803
32, 323
7,582 ' 7, 648
17 176 ' 17 220
10,976 'r11,442
l 845
7 589
6 233 ' 6, 316
33,994 r 35,178
7,997
16 998
10, 965
8 018
6 233
35, 290
3,218
11,961
10, 302
1,659
3,217
12,047
10, 138
1,909
3,440
12, 546
10, 728
1,818
1
9, 379
3,466 r 3 555 1 3 665
12, 440 r 12, 205 111,902
10, 392 '10,214 1110, 794
2,048 ' 1,991
1, 153
113,452
108, 715
4,737
132, 345
128, 563
3,782
138,614 136,636 134,861 132,345 130,452 128,797 126,151 123,761 121,411 119,657 121,235 '•121,141 120, 188
133,935 132, 191 130,701 128, 563 126, 741 125, 089 122, 392 119, 852 117,397 115, 448 116, 845 116, 635 r 115,492 i 113,877
3,782
4,445
3,711
4,014
4,209
4,679
4,160
3,909
4,674
3,708
4 390 ' 4, 506
3 759
114, 694
133, 832
140,467 138,738 136,869
109, 862
14, 844
9,884
2,787
129, 944
17, 202
10 255
3,411
135,695 134, 224 132,656 129, 944 125, 873 123, 246 120, 099 118, 231 117, 476 116,753 117, 206 117,408 '116,356 i 115,077
19, 636 18, 993 18,286 17 202 15,033 13, 560 12 379 11 807 11,960 12, 186 12, 455 12, 892 ' 12, 092 1 12, 245
8,459
6,451
6,916
12, 501 11, 887 11,227 10 255
7,481
7 182 rl 664
6 244
6 991
6 574
3,178
2,714
3,694
3,561
2,882
3,520
2,749
2,714 r 2, 679
2,664
2,708
2 752
3 411
15, 122
22, 002
19, 718
30, 355
18, 397
4,832
19,710
29, 592
20 575
34 375
21 487
3,888
20, 264
29, 933
21, 993
34, 721
20, 422
4,772
20, 292
30, 142
21, 640
34, 234
20, 623
4,514
20,262
29,907
21,212
34 201
20,970
4,213
19 710
29 592
20 575
34 375
21 487
3,888
19,369
29,046
20, 378
33, 694
21, 052
3,798
19,253
28,438
20,113
33, 742
21,446
3,693
19 013
27 905
19 709
33 153
21 109
3 699
18, 712
27, 381
19 577
32 759
20 755
3,835
18,523
27,169
19,346
32, 495
20710
3,920
18, 326
26, 776
19, 173
32, 236
20, 572
4,148
18,253
26,855
19 084
32 514
20 799
4,342
2,881
55 295
14, L65
42, 353
2,317
65, 981
17, 773
47, 761
2,722
67, 712
18, 101
51, 932
2,667
67, 170
18, 054
50, 847
2,502
66,590
18,105
49,672
2,317
65 981
17,773
47,761
2,197
65, 153
17, 670
44, 651
2,143
64,176
17,461
43,159
2,053
63 206
17 255
41 284
2,125
62,711
16, 947
40, 283
2,120
62,432
16,736
40,108
2,169
61,969
16, 583
40, 180
2,264 r 2, 316
61,881 r 62 022
16,439 ' 16,444
40,964 ' 41,163
2
61
40
20
254
580
840
740
1 769
74 930
50 318
24 612
2,100
75 302
51,323
23 979
2,052
75, 128
51,413
23, 715
1 922
75 352
50,822
24 530
1 769
74 930
50 318
24 612
1,636
74, 208
49, 605
24, 603
1 580
73 598
48 600
24 998
1 495
72 339
47 353
24 986
1 554
71 592
46 709
24 883
1 546
71 179
46 304
24 875
1,559
70 664
45, 546
25 118
1 635
70 891
45 523
25 368
1 670
70 791
45 106
25 685
329 358
319 149
23 895
26, 313
25, 615
25,404
22 109
25, 555
23 888
25, 003
26 473
24 406
99 7*>^
24 298
26 677
24 923
28 440
26 506
28 117
26 634
28 135 r 30 447
26, 843 T 28 896
26 099
28 708
133 832 129,671 126,939 123 798 122066 121, 396
120,901
121,548 '121 945 121, 157
*• 18 206 18, 066
' 26,485 26, 220
' 19 422 19 120
32 237 '32 396 131 926
' 20 661 20 529
r
4,779
4, 537
2,397
61,983
16, 198
40, 579
'1 701 i 1 730
'70 589 159 447
'44 578 144 103
'26 Oil 125 344
BUSINESS INCORPORATIONSG
New incorporations (60 States and Dist. Col.):
Unadjusted
number
Seasonally adjusted!- do
INDUSTRIAL AND COMMERCIAL
FAILURESG
Failures, total
number
993
839
9 345
785
9 915
728
1 080
963
1 145
Commercial service
do
128
140
1,182
112
92
1 320
128
136
158
Construction
do
223
164
1 419
154
139
1 840
221
192
230
156
Manufacturing and mining. __ _
do
141
1,463
105
126
1,557
191
130
164
445
Retail trade
do
389
325
4 341
323
297
4 234
414
491
Wholesale trade
do
97
69
940
74
91
964
95
91
102
Liabilities (current), total
thous. $ 2,298,606 3,053,137 217, 014 306, 827 344, 659 242, 594 391, 141 384,762 343, 348
Commercial service
do
244, 958 348 166 IS, 787 31, 140 36 480 21 191 20 546 43 335 31 569
Construction
do
309 075 526 598 29, 914 87, 360 110 070 28 918 33 223 54 133 43 g9Q
Manufacturing and mining
do
797, 490 833, 824 75, 331 93, 160 GO, 310 99, 739 190, 470 123, 242 97, 441
Retail trade
.
do
672 831 1 069 656 75, 481 81, 075 122 616 73 7°1 109 345 67 798 140 881
Wholesale trade
do
274 252 274 893 17, 501 14, 092 15 183 19 095 37 557 96 254 29 567
Failure annual rate (seasonally adjusted)
No. per 10.000 concerns^
236.4
45.2
47.0
238.4
37.0
36.3
44.9
46.8
46.3
_
T Preliminary.
1 Advance estimate; totals for mfrs. new and unfilled orders
1f For these industries (food
lor3 bept. 1975 do not reflect revisions for selected components.
2 Based on unadjusted data.
Includes data for Hawaii.
d*See corresponding note on p. S-6.
9 Includes data for items not shown separately.
• ? c «,, textlle min P^d., leather and prod., paper and callied prod., and print, and pub.
Digitizedmd.,
for unfilled
FRASER
orders for other nondurable goods are zero.
Corrected
3 904
805
1 045
1 202
891
115
141
153
133
164
178
223
171
177
258
110
145
128
123
170
336
425
380
494
378
66
80
84
99
116
372, 076 357, 788 175, 917 3242,028 222, 442
117 559 23 086 20 404 77 441 31 684
58 581 199 262 27 248 57 483 32 497
107 746 55, 459 47, 471 38, 417 57, 046
59 483 40 497 50 643 42 °32 70 889
28 707 39 484 30 151 26 455 30 326
49.1
43.4
36.5
341.9
41.4
and kindred prod., tobacco mfs., apparel and other textile
prod., petroleum and coal prod., chem. and allied prod., rubber and plastics prod.) sales are
considered equal to new orders.
O Compiled by Dun & Bradstreet, Inc. (failures data
for 48 States and Dist. of Col.; Hawaii included beginning July 1975).
f Revised back to
Mar. 1971 to reflect new seas, factors; revisions prior to Feb. 1973 will be shown later.
A See
corresponding note on page S-4.
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown in
the 1973 edition of BUSINESS STATISTICS
1973
1975
1974
1974
Sept.
Annual
November 1975
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS
Prices received, all farm products
1910-14=100..
Crops9
- - do
Commercial vegetables
do
Cotton
-- __do
Feed grains and hay
do
Food grains
- _ _
__do
Fruit
do
Tobacco
- - do
Livestock and products 9
do
Dairy products
- - do
Poultry and eggs
- -do _
Prices paid:
All commodities and services
do
Family living items
__
do
Production items
do
All commodities and services, interest, taxes, and
wage rates (parity index)
1910-14 = 100
Parity ratio §
- - - do
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Not Seasonally Adjusted
All ItemsH
1967=100..
Special group indexes:
All items less shelter^!
_.do
All items less foodlf
_
__do ._
All items less medical care^I
do
Commodities^
do
Nondurables
do _
Nondu rabies less food
do
Durables^
do
Commodities less foodH
do
Services
do
Services less rent
do
Food 9
do
Meats, poultry, and fish ..
do
Dairy products
do
Fruits a n d vegetables .
. d o
Housing
do
Shelter 9
do
Rent
do
Home ownership
do
Fuel and utilities 9
do
Fuel oil and coal
do
Gas and electricity ._ _
. _ _.
do
Household furnishings and operation., do. _.
Apparel and upkeep
do
Transportation^!
_. . _.do _
Private^. ...
do
New cars
do
Used cars H . . . .
do
Public
do
Health and recreation 9
do
Medical care
do
Personal care
do
Reading and recreation
do
Seasonally Adjusted*
All items, percent change from previous month
Commoditieslf
1967=100..
Commodi ties less foodlf.
do ..
Food
do
Food at home
do
Fuels and utilities
do
Fuel oil and coal
do
Shelter
do
Apparel and upkeep
do .
Transportation^
do
Privatelf
do
New cars
do
Health and recreation
do
438
370
382
274
283
379
332
718
497
428
666
232
467
483
409
433
420
530
349
821
453
489
555
214
460
496
415
465
467
490
373
892
429
473
512
220
473
520
448
435
490
545
391
896
431
488
509
221
463
508
448
425
485
552
337
912
424
497
486
228
451
483
437
370
475
526
311
928
424
484
489
234
438
455
460
312
450
471
330
903
423
490
487
232
427
435
484
275
419
458
321
922
419
487
483
225
420
419
458
286
393
427
341
922
420
479
491
222
431
425
477
272
402
430
343
924
435
474
535
202
452
428
462
307
407
407
375
923
473
471
611
208
463
435
539
311
396
353
392
922
487
468
640
209
476
450
516
342
397
397
392
833
498
478
652
220
476
454
440
362
423
446
358
864
495
500
631
228
••492
457
460
•377
409
463
383
921
r
522
528
'661
245
490
449
438
420
394
454
352
923
525
561
656
236
430
444
420
505
519
494
528
535
523
530
••538
525
537
552
526
540
557
528
537
557
523
535
562
516
532
557
515
541
557
530
548
565
536
554
568
545
557
574
545
561
575
550
566
578
558
564
580
552
496
88
678
81
599
77
'604
78
613
76
616
73
617
71
615
70
612
69
621
69
627
72
632
73
636
75
639
74
645
76
642
76
133.1
147.7
151.7
153.0
154.3
155.4
156.1
157.2
157.8
158.6
159.3
160.6
162. 3
162.8
163.6
164 6
131.1
130.7
132.9
129.9
132.8
124.8
121.9
123.5
139.1
141.8
141.4
160.4
127.9
142.5
135.0
140.7
124.3
146.7
126.9
136.0
126.4
124.9
126.8
123.8
121.5
111.1
117.6
144.8
130 2
137 7
125 2
125 9
145.6
143.6
147.7
145.5
151.0
140.9
130.6
136.6
152.1
156.0
161.7
163.9
151.9
165.8
150.6
154.4
130.6
163.2
150.2
214.6
145.8
140.5
136.2
137.7
136.6
117.5
122.6
148.0
140.3
150.5
137.3
133 8
150.0
147.8
151.5
149.4
154.8
145.3
134.8
140.9
156.0
160.3
165.0
166.3
151.1
162.9
154.9
158.2
131.8
167.9
154.0
222.7
150.2
146.6
139.9
142.2
141.4
118.4
135.9
148.8
144.0
155.2
141.2
137.0
151.2
149.1
152.8
150.7
155.8
146.1
136.8
142.2
157. 3
161.9
166.1
163.7
151.7
162.4
156.7
160.0
132.5
170.1
155.2
225.5
151.5
149.0
141.1
142.9
142.3
123.7
139.4
148.8
145.2
156.3
143.0
137.8
152.5
150.4
154.2
152.0
157.2
147.2
138.0
143.3
158.7
163.3
167.8
164.0
152. 7
164. 3
158.3
161.3
133.1
171.7
157.1
229.2
154. 0
151.0
142.4
143.4
142.7
124.5
141.6
149.5
146.3
157.5
144.2
138.8
153. 5
151.3
155.3
153. 0
158.3
147.7
138.8
143.9
160.1
164.8
169.7
163.5
155.3
161.3
159.9
163.1
133.7
174.0
158. 4
228.8
156.7
152. 3
141.9
143.5
142.5
124. P
138. 4
152.0
147.5
159. 0
145. 3
139.8
154.1
151.9
156.0
153.4
158.7
147.2
139.3
143.9
161.3
166.2
170.9
163.5
155.2
163.5
161.3
164.4
134.5
175.6
160.5
228.9
160.2
153.2
139.4
143.2
142.2
123.4
134.9
152.2
148.9
161.0
146.5
141.0
155.0
153.0
156.9
154.4
159.6
148.2
140.3
144.9
162.6
167.5
171.6
162.7
155.6
166.7
162.8
165.9
135.1
177.3
162.2
229.5
162.7
154.7
140.2
143.5
142.5
124.5
133.5
152.3
150.2
163.0
147.8
141.8
155.6
153.9
157.5
155.0
159.7
148.8
142.1
146.0
163.2
168.3
171.3
161.8
155.4
167.4
163.6
166.6
135.5
178.2
163.0
228.3
164.0
155.6
140.9
144.8
144.0
127.3
135.3
152.3
151.1
164.6
148.9
142.0
156.3
154.9
158.2
155.7
160.1
149.8
143.6
147.2
164.1
169.2
171.2
161.8
154.8
167.8
164.7
167.6
135.9
179.4
164.6
229.0
166.3
156.8
141.3
146.2
145.5
127.5
138.1
152.4
152.1
165.8
149.5
143.5
157.0
155.6
158.9
156.5
160.8
150.5
144.8
148.1
164.5
169.6
171.8
168.2
153.6
169.0
165.3
168.2
136.4
180.1
165.5
230.2
167.3
157.4
141.8
147.4
146.8
126.8
142.2
152.5
152. 6
166.8
149.9
143.8
158.4
156.6
160.3
157.9
162.4
151.2
145.8
148.9
165.7
170.9
174.4
177.2
153.3
177.4
166.4
169.4
136.9
181.4
166.9
230.6
169.4
158.1
141.4
149.8
149.3
127.0
147.5
154.1
153.2
168.1
150.3
144.1
160.3
157 6
162.0
160.1
165.0
152.2
146.9
149.9
166.6
171.9
178 6
187.7
153.4
188 8
167.1
170.2
137.3
182.3
168.0
234.1
170.4
158.3
141.1
152.6
152.3
126.6
153.2
155.0
154.0
169.8
151.2
144.4
160.8
158.3
162.4
160.4
165.2
153.0
147.5
150.7
167.4
172.7
178.1
189.7
154.3
177.9
167.7
170.7
138.0
182.8
168.9
235.7
171.2
158.8
142.3
153.6
153.4
126.8
156.1
155.0
154.6
170.9
151.4
144.7
161.6
159.5
163.2
160.8
165.4
153. 8
148.2
151.4
169.1
174.6
177 8
190 3
156.3
167 4
168 9
171 6
138 4
183 9
170 9
238 7
174 0
160 1
143 5
155 4
153 9
126 5
156 6
169 5
155 4
172 2
152 1
146 0
162 6
160 4
164 1
161 7
166 4
154 6
148 9
152 2
170 1
175 7
179 0
191 4
159 4
165 5
1.2
149.1
140.8
164.8
165.3
154.6
224.0
157.9
139.3
142.8
142.1
121.2
143.9
0.9
150.5
141.8
166.9
167.7
156.1
226.6
159. 5
139.8
142.8
142.2
123.2
145.1
0.9
152.0
142.9
168.8
169.7
157.6
228.7
160.8
140.7
143.5
142.7
123.8
146.2
0.8
153.2
143.8
170.4
171.7
158.4
229.7
162.6
140.8
143.9
143.1
124.3
147.5
0.6
154.0
144.5
171.9
172.6
160.2
228.2
164.1
140.8
143.5
142.5
121.8
149.0
0.5
154.7
145.6
171.4
171.5
161.2
227.9
166.1
141.2
144.4
143.5
123.4
150.5
0.3
154.8
146.4
170.3
169.9
162.0
224.9
166.9
141.3
145.4
144.7
126.9
151.4
0.6
155.7
147.5
170.9
170.5
163.8
227.2
168.1
141.3
146.5
145.8
127.5
152.3
0.4
156.3
147.8
171.8
171.6
165.0
229.7
168.9
141.2
147.0
146.2
126.8
152. 6
0.8
157.6
148.5
174.4
174.9
167.2
231.5
169.7
141.3
148.8
148.3
127.3
153.0
1.2
159.9
149.9
177.4
178.3
168.5
236.5
170.4
142.4
151.5
151.1
127.1
153.8
0.2
160.2
150.7
177.4
178.3
169.6
237.1
170.7
143.7
153.0
152.8
128.1
154.4
0.5
160.5
151.2
177.6
178.0
171.6
240.1
171.3
142.9
156.0
154.7
129.5
155.2
0.7
161.5
151.7
179.9
180.6
173.0
244.5
172.0
143.3
155.9
154.6
129.4
156.1
213.1
264.4
183.4
171.5
205.1
247.2
180.1
171.8
201.9
236.1
181.1
171.3
198.6
224.5
182.3
170.4
201.2
224.6
186.4
172.1
194.5
210.3
184.2
173.2
187.2
209.4
173.2
173 7
195.5
236.0
171.5
175.7
205 6
249.8
179.6
176.7
206.3
242.8
184.2
177.7
201.4
233.2
181.9
178.8
193.9
178.4
158.0
158. 7
155.3
189.3
179.1
159. 3
159.8
157.4
185.8
178.8
159.3
159.4
158. 3
182.4
178.1
158.9
158.5
159.7
189.4
179.0
160.0
159.7
160.7
196.7
178.4
161.2
161.1
161.2
197.1
178.4
162. 5
162.6
161.7
203.0
179.3
164.5
165.0
162.4
204.1
180 9
164.9
165.3
163.0
207.5
181.0
166.2
166.7
164.0
206.8
182.2
168. C
168.2
166.5
WHOLESALE PRICESo"
(U.S. Department of Labor Indexet)
Not Seasonally Adjusted
Spot market prices, basic commodities:
227.8
230.5 231.5
22 Commodities
,_.
1967=100
» 173. 8 i 227. 9
282.0
255.2 276.9
9 Foodstuffs
_.do
i 175. 2 i 243. 2
204.4
196.4
13 Raw industrials.
.
do
214.7
1 173. 1 i 219. 0
170.2
171.9
All commodities
do
167.2
160.1
134.7
By stage of processing:
198.2
200.3
196.8
196.1
Crude materials for further processing, do
173.9
178.6
176.8
162.9
173.8
Intermediate materials, supplies, etc
do
131.6
155.2
157.7
152.1
Finished goodsO
do
147.5
127.9
158.6
156.0
153.2
149.3
129.2
Consumerfinishedgoods
do .
154.1
148.0
151.9
141.0
Producer finished goods
do
123.5
By durability of product:
158.0
160.7
159.8
150.1
D urn hie goods
do
127.9
180.4
174.1
178.1
167.6
Nondurable goods
._
do
139.9
166.2
162.4
165.2
154.1
129.2
Total manufactures
do .
159.6
156.6
158.6
148.6
Durable manufactures
_
do
127.4
172. 9
171.8
159.5
168.2
Nondurable manufactures
do
131.0
r
Revised.
1 Computed by BEA.
9 Includes data for items not shown separately.
§ Ratio of prices received, to prices paid (parity index).
d" For actual wholesale prices of
individual commodities see respective commodities.
O Goods to users, incl. raw foods and
fuels.
IfiQ Q
1 7Q 7
172 0
940 q
174 2
160 9
•tAA
R
156 1
154 8
19Q Q
156 5
1 R8 R
156 3
•170 e
152 9
146 6
165.1 165.7
165. 2
168.2
165.3
166.5
163.6
164.8
164.1
162.4
160.8
186. £
183.6
180.2
179.1
184,9
186.1
175.2
177.1
177.6
179.0
179.5
171.4
170.1
174. £
173.0
169.5
172.3
168.7
168.0
167.8
166.9
168.2
165.2
168.2
165.1
166.2
165.7
164.4
164.9
163.2
163.7
162.0
160.3
177.6
175.1
181. C
173.1
174.1
179.1
179.9
172.8
171.9
173.4
174.4
^Effective June 1975 SURVEY, indexes have been restated to reflect new seasonal factors;
revised indexes for 1970-74 appear on p. 39 of the Aug. 1975 SURVEY.
H Effective with
the December 1974 SURVEY, indexes have been revised back to April 1974 to reflect the correction in the used car component.
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-9
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
COMMODITY PRICES—Continued
WHOLESALE PRICESrf 1 — Continued
(U.S. Department of Labor Indexes) — Continued
All commodities— Continued
Farm prod., processed foods and feeds. 1967 = 100..
Farm products 9
do
Fruits and vegetables, fresh and dried-do
Grains
do _
Live poultry
do
Livestock
do._
Foods and f^eds, processed 9
Beverages and beverage materials .
Cereal and bakery products
Dairy products
_
Fruits and vegetables, processed
Meats poultry, and fish
do ..
-do ___
do
do
do
do
159.1
176.3
168. 1
183.6
179.5
190.4
177.4
187.7
192.3
257.9
157.4
170.6
179.1
182.7
163.2
259.3
173.4
168.6
185.1
187.5
166.2
291.2
157.0
164.9
189.0
187.8
186.9
283.5
178.8
156.4
186.5
183.7
163.7
276.0
167.3
159.5
183.8
179. 7
174.9
255.4
173 6
156.0
179.5
174.6
169.0
242.8
176.7
152.0
174.9
171.1
163.8
223.5
170.1
155.4
178.8
177.7
183.4
218. 5
168.3
173.5
181.2
184.5
183.1
213.0
177.6
197.9
182.3
186.2
206.7
203.3
190.6
202.4
188.2
193.7
208.6
219 3
219 l
211 3
189.0
193.2
179.6
237.8
202.4
203.0
190.4
197.1
182.6
232.9
203. 9
209.9
190.5
197.3
183.3
227 4
210 8
207 8
148.1
121.7
134.4
131.1
129.6
167.5
170.9
140.7
171.2
146.4
154.6
163.5
176.8
147.8
169.7
144.8
165.6
165.5
183.5
152.6
176.2
146.4
170.0
163.0
189.7
154.2
179.7
146.8
171.1
166.5
188.2
158.2
181. 9
146.7
170 1
160.6
186.4
162.6
182.3
148.3
171 2
165.6
182.6
162.2
183.6
148.5
170.9
164.6
177.3
162.2
181.9
148.6
169.5
163.7
179.4
161.7
179.1
148.9
170.8
174.4
179.0
161.0
176.2
149.6
171.0
190.7
179.7
160.4
174.4
150.5
170.9
199.6
184 6
159.4
176 7
153.2
169 4
209 7
186.3
161.6
175.8
156.3
168.6
204.5
186.1
162.5
177.0
160.8
168 4
209.8
186
165
177
165
169
210
2
1
6
6
3
4
125.9
153.8
162.9
164.8
165.8
166.1
167.5
168.4
168.9
169.7
170.3
170.7
171.2
172.2
173 1
174 7
Chemicals and allied products 9
do
Agrlc chemicals and chem. prod.
do _
Chemicals, industrial .
._ ... -do
Drugs and Pharmaceuticals
do
Fats and oils, inedible
do
Prepared paint
do
110.0
96.6
103.4
104.3
228.3
122.2
146.8
137.7
151.7
112.7
338.2
145.7
161.7
145.3
174.4
117.0
325.3
154.8
168.5
170.4
181.9
119.1
328.3
157.6
172.9
181.1
190.1
121.0
301.3
161.8
174.0
182.2
194.8
121.8
264.3
161.8
176 0
190. 1
196. 8
1^3 8
235.3
163 7
178.1
192.9
202.1
124.1
231.6
164.0
181.8
211.6
207.5
124.5
218.2
164.7
182.4
212.5
207.4
125.9
261.5
164.7
182.1
212.1
208.8
125.9
250.5
166.1
181.2
211.0
207.0
126.4
246.7
165. 9
181 4
210 3
206.3
127 5
260.4
167 1
182.1
206.5
207.4
127.5
285.7
167.1
182 2
201 2
208 2
127 4
289.7
169 7
189 3
199 9
209 2
128 5
264.3
169 7
Fuels and related prod., and power 9 If-- -do
Coal
do
Electric power If
do
Gas fuels 1f_
.. _ do
Petroleum products, refined 1f
do
134.3
218.1
129.3
126.7
128.7
208.3
332.4
163.1
162.2
223.4
225.0
371.8
173.8
166.6
243.0
228.5
394.3
178.3
167.2
244.3
227 4
398^0
179.7
175.5
238.2
229.0
428.4
180 3
177.2
238.5
232.2
428.8
183 3
181.0
242.3
232.3
409.9
186.5
188.5
240.7
233.0
388.3
191.1
188.1
242.3
236.5
387.3
194.6
206.9
243.6
238.8
389.3
192.9
219.1
246.1
243.0
385. 9
190.6
220.0
252.2
246.6
382.2
192.6
226.4
258.8
252.4
377.9
195.2
226.8
268.6
254.9
373.3
197.5
231.5
272.1
256.5
371.3
199.5
231.6
274.2
Furniture and household durables 9
Appliances household
Furniture, household
Home electronic equipment
.do
do
do
do
115.2
108.5
123.0
91.9
127.9
117.9
136.6
93.1
132.8
120.9
139.9
94 1
135.5
125.1
142.8
94.1
136.9
126.9
144.5
94.5
137.7
128.7
144.6
94.7
138.8
130 1
145. 4
95 4
139.1
130.6
145.5
95.6
138.5
130.1
145.3
95.4
138.5
130.6
145.4
91.9
138.6
131.0
145.3
91.9
139.0
132.2
145.3
93.0
139.2
132.2
145.4
93.3
139.8
132.4
145.5
94.6
140.1
133.6
146.1
92 8
141.1
134.1
147.8
92.8
Hides, skins, and leather products 9
Footwear
Hides and skins
Leather
Lumber and wood products
Lumber
_ do
do
do
do
do
do
143.1
130.5
253.9
160.1
177. 2
205.2
145.1
140.0
195.9
154.3
183.6
207.1
148.1
144.1
194.9
155 3
180 4
199.6
145.2
144.3
161.2
151.5
169.4
183.6
144.5
144.8
156.5
147.4
165.8
178.1
143.2
144.8
136.7
145.3
165 4
177.2
142.1
145 4
124.7
141 1
164 7
176.5
141.7
145.9
122.3
138.8
169 3
181.3
143.2
146.0
138.5
141.6
169.6
182.3
147. 5
146.8
173.9
151.5
174.9
189.3
147.7
146.9
170.6
153.3
183.0
200.7
148.7
146.9
182.5
153.2
181.0
199.7
149.3
147.3
186.8
152.6
179. 6
196.8
149.3
147.5
186.6
151.5
179.7
197.8
151.3
149.5
192.3
154 1
179 9
196. 6
152.4
150.1
201.0
154.9
179.1
196.0
Machinery and equipment 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Metalworking machinery and equip
do
do
do
do
do
121.7
125.9
130.7
112.4
125.5
139.4
143.8
152.3
125. 0
146.9
146 8
152.0
163.4
130.4
156.1
150. 0
155.0
167.0
132.4
159.9
152.7
159.7
169.0
135.4
161.9
154.0
160.3
170. 0
136.5
163.0
156 6
163.6
177.3
138. 1
164. 9
157.7
164.4
180.4
138.7
167.1
158.8
166.0
182.0
139.1
168.8
159.7
166.7
183.8
139.5
169.6
160.4
167.5
184.0
140.1
170.2
161.0
167. 8
184.4
140.4
171.9
161.7
168.5
184.9
140.8
172.7
162.2
168.9
185.4
140.9
173.0
163 1
169 2
187.5
141 8
173.1
164.1
171.3
188.6
142.3
175.1
Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals
do
do
do_.
do
132.8
120.4
136.2
135.0
171.9
135.0
178.6
187.1
187.1
141.4
198.1
197 0
186.9
145.0
199.0
190.8
186.7
147.0
199.7
187.2
184.6
148.5
196.7
181.8
185.5
148.3
199.4
178 8
186.3
149.0
200.5
176.1
186.1
149.5
200.6
173.9
185.7
149.8
201.1
172.2
185.1
150.2
200.6
171.1
184.5
150.5
199.4
169.1
183.4
150.2
197.3
167.7
184.3
150.3
198.4
169.3
185.5
150.3
200.4
170.8
187.2
151.9
204.7
170.7
Nonmetallic mineral products 9
Clay prod., structural, excl. refrac
Concrete products
Gypsum products _
Pulp, paper, and allied products
Paper
Rubber and plastics products ...
Tires and tubes
do
do
do
do
do
do
do .
do..
130 2
123 3
131.7
120.9
122.1
121.4
112.4
111.4
153.2
135.2
151.7
137.6
151.7
148.6
136.2
133.4
159 8
139 2
157.1
145.7
164.2
162.1
145.6
140.3
162.2
141.2
159.5
144,6
166.0
165.4
147.5
141.3
163.4
141.2
160.4
143. 8
166.9
166.4
148.5
142.7
164.3
143.2
161.8
144.3
167.2
167.5
149.4
143.4
168 5
145 4
167. 1
143.7
169. 8
173.3
149. 6
143.7
170.3
146.8
168.1
143.7
169.8
173.4
150.0
145.1
170.8
146.8
169.0
145.6
170.0
173.3
149.7
145.1
173.0
148.7
169.9
144.0
169.7
173.1
149.4
145.1
173.1
149.2
170.0
143.5
169.8
172.6
148.9
145.4
173.3
151. 0
170.3
143.4
169.8
172.5
148.6
145.4
174.7
151.3
171.2
140.8
170.0
150.1
151.8
175.8
152. 3
171.3
143.2
170.0
172.4
150.0
152.1
176.1
154.0
171.2
143.8
170.3
172.4
150.8
152.1
177.1
155. 8
172.3
145.2
170.9
173.0
151.5
152.2
Textile products and apparel 9
Apparel
Cotton products _ _
Synthetic products
Textile housefurnishings
Wool products.
_ _
do
do
do
do
do
do
123.8
119.0
143.6
121. 8
113.3
128.2
139.1
129.5
175.4
135.8
143.1
119.0
142.1
133.0
179.3
137.7
148.5
116.5
140.5
133.1
173.4
135.1
149.2
112.3
139.8
133.6
170.8
134.2
149.0
107.3
138.4
133.7
165.7
132.3
148.4
107.3
137.5
133.8
162.0
130.7
150.1
103.8
136.5
133.6
158.0
129.3
150.9
103.8
134.3
133.3
156.0
121.7
150.9
102.0
134.4
133.0
158.1
121.7
151.7
103.5
135.2
132.2
162.6
123.0
151.7
107.0
135. 9
132.5
164. 3
124.6
151. 7
107. 5
136.8
132.4
167.4
127.3
151.7
107.8
137.6
132.8
169.4
128. 8
151.7
108.5
138.4
133.1
171.4
129.9
152.6
108.5
141.3
133.6
182.8
132.3
153.3
114.9
115.1
119.2
125.5
129.2
127.7
130.6
134.2
138.1
135.1
138.9
137.0
140.7
137.1
140.2
138.2
141.5
139.5
143.0
139.9
143.0
139.9
142.9
140.1
143.1
140.1
143.1
140.5
143.5
141.1
143. 9
146.6
150.0
Industrial commodities
Transportation equipment 9
Motor vehicles and equip
do
_
_ _
Dec. 1968 = 100-1967 = 100
172 A
Seasonally Adjusted £
All commodities, percent change from previous
month.,. . .
By stage of processing:
Crude materials for further processing 1967—100
Intermediate materials supplies etc
do
Finished goods:
Consumer finished goods
do
Food
do
Finished goods exc. foods
do
Durable.
.
do
Nondurable
do
Producer finished goods
do
By durability of product:
Total manufactures
Durable manufactures
Nondurable manufactures
Farm products.
Processed foods and feeds. .. .
...
2.9
1.4
-0.9
-0.2
-0.8
-0.5
1.5
0.4
-0.1
1.2
0.8
0.6
1.8
199.0
173.1
203.1
177.5
204.5
179.3
198.3
179.5
188.9
179.8
181.3
179.3
179.9
177.9
190.7
178.8
195.3
177.3
192.7
178.0
202.2
178.6
201.9
180.4
209.8
180.3
209.7
182.9
153.2
168.5
144.5
129.6
154.2
148.0
156.9
173.3
147.1
133.5
156.0
152.1
160.2
180.5
147.6
133.9
156.8
154.4
158.9
176.6
148.6
134.9
157.8
155.3
159.5
175.6
149.5
135.2
158.5
157.2
158.6
174.1
149.7
135.8
159.0
158.1
157.7
170.6
150.0
136.9
158.9
159.7
159.7
175.1
150.3
136.9
159.3
160.7
161.3
178.2
150.8
136.9
160.1
161.2
162.4
179. 9
151. 5
137. 3
161.0
161.7
164.7
184.4
152.4
137.4
162.5
162.4
164.8
183.3
153.9
137.7
164.6
162.8
166.7
186.3
155.4
139.0
166.1
164.0
169.3
189.4
157.3
141.5
167.5
166.7
do
do
do
161.9
156.6
167. 9
165.9
158.9
173.0
167.0
160.4
173.8
167.7
161.3
174.1
168.7
162.5
174.7
168.0
163.2
172.3
167.5
163.4
171.2
168.9
163.7
173.8
169.0
164.4
174.3
169.8
164.8
174.1
170.5
164.7
176.5
171.8
165.2
178.6
172.5
166.2
179.5
175.2
do
do
184.4
177.0
193.1
185.0
194.0
193.8
186.1
188.2
177.9
185.3
170.2
180.3
168.1
175.7
179.3
181.9
184.5
180.3
181.7
178. 1
193.7
183.9
190.7
184.5
198.9
186.3
203.2
$0.598
.659
$0. 588
654
$0. 582
.648
$0. 583
.643
$0. 582
.641
$0. 584
.636
$0. 587
.634
$0. 581
.631
$0. 577
.628
$0. 576
.623
$0. 569
.616
$0. 566 $0.563
.614
.611
$0. 559
.608
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices.
1967=$1.00__
Consumer prices
.
do
0
$0. 744
752
$0. 627
678
cfSee corresponding note on p. S-8.
9 Includes data for items not shown separately.
^Beginning June 1974 SURVEY, data are restated to reflect changes in pricing by BLS.
Because of delay in obtaining data the prices lag the current index as follows: electric power,
one month (i.e., July index reflects June prices); gas fuels, except LPG, two months (July
index reflects May prices); refined petroleum products (gasoline, distillates, residual), one
month (July index reflects June prices). The restated indexes are comparable with those for
earlier periods.
^Beginning in the May 1975 SURVEY, data reflect new seasonal factors;
revised indexes for 1970-74 appear on p. 40 of the Aug. 1975 SURVEY.
SURVEY OF CURRENT BUSINESS
S-10
1973
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes areas shown
in the 1973 edition of BUSINESS STATISTICS
November 1975
1974
1974
Sept.
Annual
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE J
New construction (unadjusted) total
Private, total 9
...
Residential (including farm)
New housing units
mil. $
135, 953
135, 481
12, 162
12, 114
11, 433
10, 636
9,247
8,728
9,093
9,709
10,646
11,381 ' 11,416 ' 11,723
12,048
do
do
do
103, 444
57,635
47, 853
97, 079
47, 044
37, 312
8, 562
4,252
3,316
8,654
3,967
3,073
8,185
3,653
2,798
7,536
3,263
2,456
6,443
2,727
2,035
5,946
2,433
1,780
6,172
2,637
1,883
6,807
3,045
2,073
7,291
3,421
2,318
7,588 ' 7, 821 '8,062
3,722 '3,900 ' 4, 025
2,656 ' 2, 914 ' 3, 074
8,195
4,049
3,127
27, 584
6,243
15 453
29, 044
7,902
15, 945
' 2, 562
641
1,420
2,788
770
1,500
2,650
773
1,390
2,511
779
1,270
2,206
634
1,128
2,110
612
1,069
2,024
606
994
2,134
624
1,040
2,182
685
1,046
2,150
671
1,022
2,164
668
1,034
'2,259
'659
' 1, 019
2,302
667
1,131
305
321
299
_ _
Nonresidential buildings, except farm and public utilities, total 9
mil $
Industrial
do
Commercial
do
Public utilities:
Telephone and telegraph
do
Public total 9
Buildings (excluding military) 9
Housing and redevelopment
Industrial
Military facilities
.
Highways and streets
3 967
4,279
362
403
360
348
281
283
305
326
313
do
32, 509
38, 402
3,600
3,460
3,248
3,100
2,804
2,782
2,921
2,902
3,355
do
do
do
do
do
12 994
941
605
1,170
10, 506
14, 990
1,007
763
1,185
12, 083
1,279
120
53
104
1,361
1,197
70
67
95
1,217
1,215
85
65
95
973
1,297
87
81
99
7y5
1,232
91
74
97
681
1,213
84
76
98
681
1,289
97
85
108
696
1,207
72
74
102
830
1,273
81
87
102
1,075
133 3
134 5
131.9
134.0
132.3
128.9
125.5
120.9
121.5
125.9
94.9
95.6
93 8
92.5
91.2
89.0
85.7
84.6
84.0
84.0
'86.0
'87.7
89.5
45.9
35.6
44.2
33.9
42 5
32.1
41.1
30.5
39.6
28.8
38.5
27.4
38.0
26.9
37.9
26.8
38.8
27.6
39.8
28.9
41.0
30.6
'42.1
'32.1
43.2
33.1
29.1
7.5
15.9
30.8
8.7
16.3
30.5
8.9
16.0
30.4
9.0
15.4
30.0
8.4
15.6
29.6
8.7
15.0
26.3
7 9
13.0
25. 'J
7.5
12.8
25.6
8.2
12.1
24.8
7.7
11.8
25.0
7.7
12.0
'25.8
'7.6
'12.5
25.8
7.7
12.4
r
New construction (seasonally adjusted at annual
rates) total
bil $
Private total 9
do
Residential (including farm)
do
New housing units
do
Nonresidential buildings, except farm and public utilities total 9
bil $
Industrial
do
Commercial
do
Public utilities:
Telephone and telegraph
do
Public total 9
T
1,305
79
68
' 123
1,328
' 126. 7 ' 125. 9
3,853
72
145
130.2
4.3
4.4
4.1
4.0
4.5
4.2
3.7
4.0
3.6
3.4
3.8
3.3
38.9
38 2
41.5
41.1
39.8
39.8
36.3
37.4
41.9
'40.6
'38.1
14. 8
1.5
.7
12
12 8
14.5
.8
.8
1.1
12.4
14.7
.9
8
1.1
11.1
15 6
.9
.9
1.2
12 0
16.1
1.2
.9
1.2
12.4
15.4
10
1.3
12 0
16.5
1.2
1.0
13
11.4
14 9
.9
.8
1.5
11 0
13.9
1.0
.9
1.2
12.2
15.8
1.0
.9
1.1
12.5
' 16. 0
1.0
.9
1.3
'12.5
8 359
7 227
6,179
7 304
5 100
4,955
6,574
9,598
9,143
9,324
9,044
10,037
135
140
155
189
191
174
165
208
157
2,182
4,393
2,768
6,830
2,875
6,268
3,891
5,432
3,784
5,260
3,040
6,997
2,725
4,697
r
do
do
do
do
do
' 1,363 ' 1, 297
92
'87
82
68
102
'111
1,199 I' 1, 272
38.4
do
Buildings (excluding military) 9
Housing and redevelopment
Industrial
Military facilities
Highways and streets
3,793 ' 3, 595 '3,661
1.2
14.7
.9
.9
'1.4
12.5
40.7
.9
1.7
CONSTRUCTION CONTRACTS
Construction contracts in 50 States (F. W. Dodge
Division, McGraw-Hill):
Valuation total
mil $
Index (mo data seas adj )
Public ownership
Private ownership
By type of building:
Nonresidentiallf
Residential
Non-building construction^
New construction planning
(Engineering News-Record) O
1967—100
99, 304
1
180
94 370
i 169
187
154
148
176
7,692
mil $
do
26, 563
72 741
32 497
61 873
3 273
5 086
2 720
4 508
2 391
3 788
2 496
4 809
2 254
2 846
2,031
2,924
do
do
do
31,534
45 696
22, 074
33 051
34 404
26, 914
3 320
2 503
2 536
2 710
2 457
2,061
2,618
1 931
1,630
2 451
1 715
3 139
2 233
1 562
1,305
2,199
1,583
1,172
2,402
2,316
1,856
2,987
3,029
3,582
2,877
3,073
3,193
3,169
3,116
3,040
3.165
3,093
2,787
2,666
2,784
4,587
2,526
2,966
2,200
do —
86,743
97, 102
7, 059
8,918
10,336
6,424
7,806
7,425
6,824
6,298
7,609
6,856
7,184
5,456
6,511
thous.. 2,057. 5
1,501.7
do
2, 045. 3
do
do
1, 132. 0
1, 352. 5
932.2
1, 337. 7
888.1
99.6
63 0
98.3
73.4
97.2
62.2
96.7
69.5
75.6
48.3
75.1
57.9
55.4
38.6
55.1
41.0
56.9
37.4
56.1
39.8
56.2
38.2
54.7
40.0
81.1
54.2
80.2
62.5
98.4
66.1
97.9
77.8
117 0
73.2
116.1
92.8
110.9
73.0
110.3
90.3
120.1
r 76 3
119 3
92.8
118.7 ' 112. 5
' 75 3 '71.7
117.3 '111.6
'90.7 '84.3
1,157
845
1,106
792
1,017
802
880
682
999
739
1,000
733
985
775
980
762
1,130
887
1,094
884
1,235
935
' 1, 269
'987
' 1, 268
'929
1,458
1,103
1,092
775
5,865
HOUSING STARTS AND PERMITS J
New housing units started:
Unadjusted:
Total (private and public)
Inside SMSA's
Privately owned
One-family structures
Seasonally adjusted at annual rates:
Total privately owned
One-family structures
do
do
New private housing units authorized by building
permits (14,000 permit-issuing places):
Monthly data are seas. adj. at annual rates:
Total
.
thous
One-family structures
do
Manufacturers' shipments of mobile homes:
Unadjusted
_..do
Seasonally adjusted at annual rates
do
r
1,820
882
1,074
644
853
588
811
550
770
534
837
514
689
508
701
515
677
503
837
603
912
658
949
679
1,042
711
995
732
'1,095
'779
566.9
329.3
24.1
258
20.7
227
15.3
11.8
195
11.7
185
14.7
16.3
19.2
194
20.3
20.3
210
20.0
225
21.2
235
20.4
994.
147 7
m
o
18^ 9
183 8
184 7
188 3
189 2
189 3
187 6
188.9
189 9
1 648
1,814
1,751
1 578
1,584
1,640
1,800
1,746
1,614
1,574
1,639
1,797
1,743
1,609
1,571
1,647
1,832
1,775
1,612
1,576
1,655
1,848
1,780
1,617
1,579
,633
,855
,785
,633
,591
1,673
1,861
1,793
1,657
1,601
1,700
1,872
1,800
1,693
1,674
1,710
1,869
1,798
1,690
1,677
125.8
78.3
124.4
93.9
91 ^
CONSTRUCTION COST INDEXES
n
m
American Appraisal Co., The:
Average 30 cities
Atlanta
New York
San Francisco
St. Louis
1913—100
do
do
do
do
1 515
1 749
1,590
1 469
1 434
608
,821
,711
552
,536
645
836
,757
585
,587
Boeckh indexes:
Average, 20 cities:
Apartments hotels office buildings
Commercial and factory buildings
Residences...
_
1967—100
do
111. .do
154 0
154 4
159.2
168 4
171 1
172.0
175 3
179 6
177.1
' Revised.
* Preliminary.
1 Computed from cumulative valuation total.
t Data for new construction have been revised back to 1958: those for housing starts and,
permits, back to 1959. The revised data are available from the Bureau of the Census, Washington. D.C. 20233.
IfData for Aug. 1973 for nonresidential building and nonbuilding construction appearing in
177.4
182 4
177.9
' 191 2' 191 6 192.6
1,733
1,881
1,815
1,734
1,700
182.6
186.0
184.5
178.3
185.8
190.1
187.8
182.8
180.6
182.4
184.3
178.0
the Oct. r1974 SURVEY were transposed; they
should have read (mil. $): Nonresidential'
r
building, 3,167; non-building construction, 2,453.
O Data for Oct. 1974 and Jan., May, July, and Oct. 1975 are for 5 weeks; other months, 4 weeks
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-ll
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
190.5
201.4
193.4
205.3
195.0
209.2
196.9
211. 7
197.2 i 200. 1
211.5 1 213. 5
Oct.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
Engineering News-Record:
Building
1967-100._
Construction
-do
Federal Highway Adm.— Highway construction:
Composite (avg. for year or qtr.)
1967 = 100...
168.4
176.5
178.3
188.0
183.1
194.5
152.4
201.8
209.7
194 1
177 5
179 2
174 8
181 6
164 1
148.8
155 9
127.2
144 9
135 7
143 9
134 0
151 7
147 2
152 5
161.1
157 4
166.5
152 6
168 7
156 9
193.1
194.6
235.4
181.8
171.6
215.3
178.3
167.7
248.3
189.4
161.0
271.9
170.1
130.9
183. 8
155.2
114.5
138.7
152.7
133.5
114.8
138.5
139.7
105.0
142.9
154.9
131.4
147.0
172.3
172.1
135.4
175.7
204.0
139.3
170.3
213.8
172.6
232.7
83 2
87 1
161.9
161.1
82
95
13.5
169
11 1
133
16.3
185
79
111
12.0
157
58
79
8.4
132
51
72
8.9
126
48
64
10.6
144
67
72
11.3
128
78
86
12.7
131
12 6
142
18.5
216
77
84
11.1
120
60
7.0
14.8
156
56
6.7
13.7
157
64
71
14.5
172
Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount
mil. $ 4 473 30 3 933 70 340 28
7 467 53 7 909 60 704 78
Vet. Adm.: Faceamount§
_do
392 74
712 42
352 57
727 35
374 25
557 83
557 54
544 98
398 53
494 27
514 78
574 36
539 14
607 94
483 49
680 97
534 43
986 02
597 49
674 34
511 79
848 30
516 06
814 58
16,945
17,482
184.5
195.5
183.4
195.0
183.8
195.3
183.8
195.8
187.2
198.1
209.9
187.3
198.1
187.8
198.8
207.3
199.3
CONSTRUCTION MATERIALS
Output Index:
Composite, unadjusted 9
Seasonally adjusted
1947-49=100__
do
Iron and steel products, unadjusted
Lumber and wood products, unadj
Portland cement, unadjusted
do
do
--do
REAL ESTATE U
Mortgage applications for new home construction:
FHA net applications
thous. units
Seasonally adjusted annual rates
do
Requests for VA appraisals
do
Seasonally adjusted annual rates..
do
Federal Home Loan Banks, outstanding advances
to member Institutions, end of period
mil. $.. 15, 147
New mortgage loans of all savings and loan associations, estimated total
mil. $.. 49, 412
By purpose of loan:
Home construction
_
do
10, 215
Home purchase
do...
29 566
9 631
All other purposes . . .
_ , do
Foreclosures
_
number.
Fire losses (on bldgs., contents, etc.)...
mil. $__
21,804
20, 772
21,409
21, 502
21,804
20, 728
19, 461
18, 164
17, 527
17, 145
16, 803
16,685
38, 959
2,676
2,399
1,961
2,212
2,004
2,277
3,110
4,173
5,370
5,971
5,498
5,731 P 5,558
7 566
23 560
7 833
488
1 705
483
456
1 498
445
391
1 198
372
400
1 255
557
378
1 142
484
430
1 285
562
644
1 675
791
799
2 314
1 060
1 012
3 089
1 269
989
3 636
1 346
1 055
3 118
1 325
980
3 500
1 251
977
3 367
1 214
135 803 140 469
11 095
12 606
11 185
12 749
12 815
11 545
12 636
12 833
12 291
12 476
298
307
287
341
335
312
265
275
285
276
2,639
3,190
254
274
262
8
0
99
16.5
188
KRA 1 K
Rfift
^fi
DOMESTIC TRADE
ADVERTISING
McCann-Erickson national
seasonally adjusted:
Combined index d"
Network TV.
...
Spot TV
Magazines. ..
Newspapers.,.
advertising Index,
.
1967=100
do
do
do
do
Magazine advertising (general and natl. farm magazines):
Cost, total
mil. $
Apparel and accessories
do
Automotive, incl. accessories
_do
Building materials...
do
Drugs and toiletries
do
Foods, soft drinks, confectionery.
do
Beer, wine, liquors
_
do
Household equip., supplies, furnishings. _do_.
Industrial materials. _
do
Soaps, cleansers, etc..
do
Smoking materials
do
Allother
do
Newspaper advertising expenditures (64 cities): 0
Total..
.'
mil. $
Automotive
do
Classified
do
Financial
do
General
do
Retail
do
130
135
139
116
131
141
150
153
121
141
144
151
157
122
152
147
151
165
125
140
146
154
164
13 3
130
148
159
160
123
152
147
155
174
123
135
146
156
164
115
152
142
157
158
117
136
141
157
152
117
134
146
175
154
109
142
143
165
155
109
140
148
166
163
125
135
147
161
169
121
135
1,316.0 1,366 3
52 9
50 3
120.4
104.5
26.7
24 7
140.6
142.3
96.2
92.3
125 9
7 0
7.5
27
11.7
6.4
141 8
6 3
12.5
2 8
13.5
9.8
157 0
51
12.3
19
14.5
12.5
117 6
34
6.8
14
12.1
8.8
82 8
26
4 3
9
9.1
4.4
95 7
30
5.6
13
12.1
8.4
119.0
50
10.1
1.8
11.3
119 3
52
8.7
2 3
12.5
121 0
37
9.7
25
12.4
105 6
18
9.8
21
13.1
82 6
29
53
9
12.0
5.1
118 7
66
6.1
21
11.4
6.2
102 9
79.5
35 4
17.6
136 3
580 4
7 9
7.9
3.1
1.5
12 2
57 9
10 5
10.1
30
16
12 5
59 2
14 5
10.2
39
2 0
12 7
67 3
16 7
4.9
31
12
12 6
46 6
46
2 8
26
14
97
40 4
48
2.4
24
15
10 8
43 5
7.8
4.5
2.9
2.1
12 6
53 1
76
6.2
29
15
11 9
52 7
84
6.8
35
12
12 1
53 2
90
4.3
29
1i
12 8
42 4
83 2
2 2
7.2
14
10.8
6.7
57
3.1
2 3
12
11 5
31 1
42
27
2 6
12
12 3
33 3
73
5.5
31
22
13 2
55 1
3 786 1 3 767 2
99 8
104.2
1 024 2 966 7
126 0
138 9
491 5
479 2
2 044 1 2,078 8
319 5
9.8
83 6
9 4
44.8
171 9
335 0
9 3
78 2
13 1
46 9
187 5
330
9
70
9
46
194
8
9
3
4
8
5
315 9
4*8
57 1
11 1
36 8
206 1
303 5
7.6
76.0
14 5
39.6
165 7
302 3
8*4
75 6
81
44 0
166 2
352 8
8.1
86 4
10 8
50.3
197 3
337
7
79
12
47
190
9QO 2
361 0
90
88 6
12 0
49 3
202 1
294 8
62
80 5
10 8
32 8
164 6
329 8
59
91 2
63
33 4
193 1
334 0
86
83 1
12 0
45 6
184 8
364,803 448, 127
168, 074 202,341
196, 729 245,786
37,986
17, 569
20, 417
39, 932
18, 288
21, 644
37, 457
16,112
21, 345
37,207
15,382
21,825
35,721
15,021
20,700
33,831
14,168
19,663
35,936
15,041
20,895
36,132
15,828
20,304
36,407
15731
20676
36,388
15 733
20 655
36,916 ••36,614
15 721 r!5 315
21,195 r 21, 299
37, 758
16, 292
21,466
87.0
86.4
28.4
18.6
110 5
548 3
3
3
7
5
6
2
354
9
84
9
50
3
4
6
4
7
WHOLESALE TRADEf
Merchant wholesalers sales (unadj.), total, mil. $
Durable goods establishments
do
Nondurable goods establishments
. do
Merchant wholesalers inventories, book value,
end of year or month (unadj.), total., mil. $
38,558 46, 695 43, 622 45, 598 46, 452
Durable goods establishments
do
21,648 27,529 25, 888 26, 448 27, 044
Nondurable goods establishments ~ . . .
do
16, 910 19, 166 17, 734 19, 150 19, 408
r
Revised.
P Preliminary.
1 Index as of Nov. 1, 1975: Building, 199.7; construction,
213.3.
^Beginning Jan. 1973 data reflect new reference base, 1967=100.
9 Includes
data for items not shown separately.
§Data include guaranteed direct loans sold.
HHome mortgage rates (conventional 1st mortgages) are under money and interest rates
on p. S-18.
46,695 46,582 46,119 45,939 45,581 44,576 44,513 44,513 ••44,678 44, 833
27,529 28,006 28,002 28,210 28,315 27,958 27.894 27,710 ••27,365 27, 158
19,166 18,576 18,117 17,729 17,266 16.618 16.619 16,803 ••17,313 17. 675
©Source: Media Records, Inc. 64-City Newspaper Advertising Trend Chart.
tSeries revised back to Jan. 1964 to reflect kind of business classifications of establishments
selected for a new sample in terms of the 1967 Census of Business; revisions for earlier periods
appear on p. 44 ff. of the December 1974 issue of the SURVEY.
SURVEY OF CURRENT BUSINESS
S-12
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973
November 1975
1975
1974
1974
Sept.
Annual
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
50,663
DOMESTIC TRADE—Continued
RETAIL TRADE
All retail stores: Q
Estimated sale (unadj ) total
mil. $ . 503, 317
537, 782
43,800
46,758
46,351
52, 253
41,315
39,802
44,937
45,896
51,204
49, 052
50,026
48,188
51,809
do
do
do
do
170,275
100, 661
92, 768
7,895
167, 313
93, 089
84,773
8,316
13,858
7.591
6,909
682
14,501
7,978
7,250
728
13,085
6,965
6,241
724
13,353
6,239
5,508
731
12,051
6,732
6,148
584
12,279
7,258
6,693
565
13,270
7,641
6,954
687
14,588
8,422
7,663
759
15, 987
9,180
8,347
833
16, 126
9,342
8,499
843
16,374 15,575 15,359
9,611 '8,812 ' 8, 518
8,783 ' 8, 023 7,781
828
••789
737
16,486
i 9, 453
Furniture, home furn., and equip. 9 .—do
Furniture, homefurnishings stores — do
Household appliance, TV, radio
do
24, 030
14, 290
7,904
25, 544
15,364
8,006
2,116
1,258
664
2,175
1,331
647
2,159
1,314
643
2,533
1,368
855
1,931
1,149
610
1,793
1,079
554
1,971
1,176
605
2,010
1,207
620
2,124
1,260
679
2,144
1,269
697
2,167 ' 2, 177 ' 2, 160
1,283 ' 1, 281
1,248
708
'707
712
12,237
Building materials and hardware 1
Lumber bldg materials dealers c?
Hardware stores
-
do
do
do
22, 766
18,049
4,717
23,491
18,328
5,163
2,057
1,628
429
2,161
1,699
462
1,897
1,453
444
1,760
1,241
519
1,498
1,152
346
1,439
1,092
347
1,631
1,237
394
1,879
1,418
461
2,199
1,628
571
2,212
1,668
544
2,244 ' 2, 189
1,701
1,721
523
'488
2,180
1,697
483
Nondurable goods stores 9
Apparel and accessory stores
iClen's and boys' wear stores
Women's apparel accessory stores
Shoe stores
-
do
do
do
do
do
333, 042
24,062
5,609
9,119
4,229
370, 469
24, 864
5,668
9,551
3,979
29, 942
1,997
429
784
341
32,257
2,096
461
844
325
33,266
2,191
506
853
325
38,900
3,358
832
1,285
411
29,264
1,770
428
687
272
27,523
1,606
375
626
247
31,667
2,077
454
795
349
31,308
1,949
436
749
311
35, 217
2,232
516
869
354
32, 926
2,072
502
797
323
33,652 35,088
1,970 ' 2, 279
440
'475
'899
783
'374
303
32,829
' 2, 224
457
881
387
15,474
do
37, 925
do
do. _ . 105, 731
do__ _ 98, 392
34, 432
do
16, 785
41, 840
119, 763
111,347
39, 910
1,330
3,583
9,841
9,116
3,426
1,399
3,685
10,304
9,562
3,546
1,378
3,592
10,705
10,013
3,400
1,914
3,621
10, 678
9,898
3,406
1,379
3,443
10,568
9,895
3,278
1,332
3,288
9,678
9,032
3,053
1,430
3,668
10,706
9,967
3,424
1,407
3,773
10,178
9,452
3,468
1,529
4,183
11, 687
10, 893
3,715
1,494
4,207
10, 789
10,009
3,750
1,473
4,228
11,433
10,647
4,067
83,301
89, 286
7,034
7,711
8,751
12,036
5,588
5,524
7,039
7,059
8,047
7,502
7,288 ' 7, 983 '7,677
76, 938
52, 292
5,384
8,212
9,602
82, 535
55, 871
5,839
8,714
10, 285
6,460
4,386
473
662
818
7,059
4,726
609
111
867
8,089
5,427
705
817
923
11,416
7,991
602
1,285
1,207
5,108
3,418
346
524
801
5,036
3,334
385
542
745
6,489
4,367
458
706
837
6,503
4,449
458
660
806
7,488
5,170
435
798
945
6,973
4,827
407
713
909
6,759 ' 7, 427 ' 7, 058 17,587
4,611 '5,066 ' 4, 860 i 5, 151
496
443
518
'789
665
707
'953
968
871
45, 858
45, 844
44, 529
45,109
46,006
46, 914
45, 951
46, 813
48, 173
48, 578
49,655 ' 49,925
14,703
8,263
7,508
755
14, 965
8,447
7,654
793
15,432 ' 15,506 ' 15,350 1 15,371
8,850 ' 8, 871 ' 8, 678 i 8, 769
8,082 ' 8, 120
7,932
'751
768
746
Durable poods stores 9
Automotive dealers
Passenger car, other auto, dealers
Tire battery accessory dealers
Drug and proprietary stores
Eating and drinking places
Food stores -Grocery stores
Gasoline service stations
-
-
General merchandise group with nonstores9
mil. $..
General merchandise group without nonstores 9 §
- .mil. $Department stores
do
Mail order houses (dept. store mdse).do
Variety stores
do
Liquor stores
do
Estimated sales (seas, adj.), total A-
do
' 1, 515
' 4, 373
' 11,754
' 10,971
' 4, 100
35,323
12,330
' 1, 465 i 1, 532
' 3, 954 14,096
10,704 11,493
'9,964 1 10,731
' 3, 754 13,908
18,303
49,473 i 49,955
14, 100
7,874
7,158
716
13, 686
7,555
6,855
700
13, 035
6,979
6,314
665
13, 554
7,646
6,956
690
14, 126
7,747
7,022
725
14, 664
8,420
7,675
745
13, 378
7,361
6,623
738
14, 165
7,901
7,164
737
2,198
1,335
676
2,111
1,282
638
2,067
1,240
629
2,004
1,193
617
2,040
1,237
625
2,051
1,235
633
2,046
1,199
660
2,132
1,244
686
2,139
1,216
716
2,168
1,245
723
2,171 ' 2, 202 ' 2, 190
1,280 ' 1, 277
1,281
'711
688
717
Building materials and hardware
do
Lumber, bldg. materials dealerscf — do
Hardware stores
do
1,958
1,514
444
1,957
1,517
440
1,892
1,465
427
1,843
1,412
431
1,895
1,424
471
1,892
1,415
477
1,819
1,355
464
1,883
1,415
468
2,006
1,517
489
1,999
1,515
484
1,993 ' 1, 977
1,505
1,515
'472
478
Nondurable goods stores 9
do
Apparel and accessory stores
do
Men' sand boys' wear stores
do
Women's apparel, accessory stores... do
Shoe stores
do
31, 758
2,122
495
824
318
32,158
2,087
477
817
321
31,494
1,982
450
766
307
31, 555
2,032
444
800
303
31,880
2,118
473
844
323
32, 250
2,189
518
828
344
32,573
2,099
506
820
310
32,648
2,179
506
819
337
33, 470
2,216
506
854
356
33, 613
2,223
517
863
346
34,223 ' 34,419 ' 34,123 i 34,584
2,236 '2,336 '2,284 i 2, 271
'523
511
508
'948
876
888
'353
344
357
1,415
3,530
10, 363
9,626
3,503
1,429
3,623
10,431
9,698
3,507
1,402
3,715
10,455
9,740
3,397
1,461
3,721
10, 330
9,610
3,399
1,436
3,784
10,672
9,945
3,465
1,449
3,828
10,643
9,925
3,465
1,488
3,821
10,805
10.058
3,497
1,455
3,898
10,598
9,846
3,532
1,499
3,935
10, 875
10, 105
3,565
1,532
3,984
11,023
10, 255
3,616
1,525 ' 1, 526
3,933 ' 3, 901
11,282 ' 11,167
10,531 ' 10,429
3,790 '3,832
7,578
7,533
7,409
7,371
7,261
7,533
7,599
7,638
7,981
7,068
4,825
476
746
884
T)nrablp goods stores 9 A
do
Automotive dealers A
do
Passenger car, other auto, dealers A. -do
Tire battery accessory dealers
do
Furniture, home furn. , and equip. 9
Furniture homefurnishings stores
Household appliance, TV, radio
Drug and proprietary stores
Eating and drinking places
Food stores
Grocery stores
Gasoline service stations..
do
do_ __
do
do
. .. __do
do
__ ..do
do
General merchandise group with nonstores 9
mil. $
General merchandise group without nonstores 9 §
mil. $
Department stores
do
Mail order houses (dept. store mdse.) .do
Variety stores
do
Liquor stores
do
2,042
1,563
479
' 1, 540
' 3, 911
10,961
' 10,219
'3,800
1 1, 546
i 3, 969
i 11,324
i 10,583
13,828
7,994
7,903 '8,091 '8,069
i 8, 032
7,429
5,094
482
788
919
7,421
5,081
496
774
941
7,321
5,017
510
728
927
r
7,006
4,737
514
745
888
6,960
4,712
513
753
891
6,865
4,627
499
732
884
6,758
4,608
415
684
886
6,704
4,497
485
720
871
7,000
4,743
489
746
882
7,058
4,852
456
739
903
72, 056
63,661
29,094 ' 33, 747
17, 255
14, 635
5,186
4,637
4,425
4,150
70,166
29, 920
13, 869
5,211
4,684
74,316
32,034
15, 500
5,350
4,427
76,738
33, 714
16, 931
5,417
4,433
72,056
33, 747
17, 255
5,186
4,425
71, 028
33, 717
17, 226
4,964
4,477
71,346
33, 196
16, 371
4,845
4,590
72,475
33, 499
16, 720
4,732
4,675
72,847
33, 852
17, 033
4,686
4,731
72,050
33,604
16, 814
4,658
4,769
71,669
33, 419
16, 562
4,662
4,755
71,268
32, 725
16, 096
4,640
4,642
70, 295
31, 243
14, 738
4,658
4,673
72, 216
31, 984
15, 321
4,725
4,650
34, 567
5,151
6,968
38,309
5,280
8,130
40, 246
5,792
7,484
42, 282
6,009
7,803
43, 024
6,054
8,159
38, 309
5,280
8,130
37,311
5,098
7,797
38, 150
5,326
7,840
38, 976
5,512
7,900
38, 995
5,515
7,883
38, 446
5,488
7,865
38,250
5,353
7,865
38, 543
5,377
7,889
39, 052
5,508
7,896
40, 232
5,815
8,074
14, 434
8,422
15, 540
9,246
18,202
10, 759
19, 353
11, 646
19, 403
11, 934
15, 540
9,246
14, 997
8,788
15,313
8,920
16, 056
9,505
16, 169
9,631
15, 870
9,540
15, 765
9,373
15,954
9,478
16, 310
9,772
16, 872
10, 222
65, 229
29, 593
14, 813
4,684
4,296
74, 082
34,649
17, 794
5,238
4,581
70,700
31, 273
15, 096
5,185
4,780
73,087
33, 190
16, 806
5,209
4,531
73,964
34, 251
17, 720
5,204
4,570
74,082
34,649
17, 794
5,238
4,581
73,327
34, 267
17, 414
5,102
4,564
72,308
32, 956
15, 900
4,974
4,572
71,728
32, 460
15, 723
4,780
4,570
71,483
32, 375
15, 817
4,667
4,562
70,826
32, 086
15, 605
4,630
4,590
70,840
31,909
15, 294
4,657
4,635
71,503
32, 270
15, 540
4,677
4,624
72,578
33, 324
16, 729
4,686
4,706
72, 943
33, 471
16, 671
4,701
4,745
39,433 39, 427 39, 897 39, 713
35,636
Nondurable goods stores 9 _
do
5,494
5,564
5,490
5,517
5,382
Apparel and accessory stores
do
7,815
7,658
7,590
8,010
6,865
Food stores
do
General merchandise group with non16, 621 17, 561 17,763 17,367
15, 439
stores
mil $
9,868 10,425 10, 607 10, 496
8,988
Deoartment stores
.do
' Revised.
* Advance estimate.
9 Includes data not shown separately.
d" Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
$ Except department stores mail order.
j Series revised beginning Jan. 1971 to reflect
39,433
5,517
8,010
39, 060
5,523
7,916
39, 352
5,554
7,984
39, 268
5,540
7,916
39, 108
5,537
7,883
38, 740
5,583
7,881
38, 931
5,547
7,873
39, 233
5,538
7,977
39, 254
5,432
8,024
39, 472
5,512
8,189
Estimated Inventories, end of year or month: t
Book value (unadjusted), total t
mil. $..
Durable goods stores 9 . —
do
Automotive dealers
do
Furniture, home furn., and equip
do
Nondurable goods stores 9
...do
Apparel and accessory stores
. . do
Food stores
do
General merchandise group with nonstores.
.mil. $..
Department stores
....do
Book value (seas, adj.), total t
Durable goods stores 9
Automotive dealers
Furniture, home furn., and equip
do
do
do
do
i 2, 172
' 7, 523 ' 7, 463
r 5, 201 ' 5, 116
509
532
'799
781
'929
931
i 7, 415
5, 075
1
16, 621 16, 211 16, 133 16, 294 16, 251 15, 997 16, 055 16, 156 16, 289 16, 291
9,915
9,597
9,841
9,595
9,696
9,630
9,476
9,617
9,514
9,868
benchmark data from the 1972, 1973, and 1974 Annual Retail Trade Reports and new seas,
factors; revisions for Jan. 1971-July 1974 appear on pp. 26 ff. of the Nov. 1975 SURVEY.
A Rec
visions for Jan.-July 1974 are available upon request.
Corrected.
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973 P
1974
1974 P
Annual
S-13
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
14,729 ' 15,710
14, 710
'606
'239
••166
'604
586
225
168
580
Aug.
Sept. 1 Oct.
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Finns with 11 or more stores:
Estimated sales (unadj.), total 9
Apparel and accessory stores 9
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
154, 546
169, 434
13,499
14,597
15,745
19,080
12,693
12,047
14,342
13, 917
15,860
14, 687
6,569
2,393
1,908
5,857
6,428
2,390
1,737
6,451
531
197
156
498
545
207
142
532
563
209
143
529
887
339
197
810
415
155
117
489
380
143
107
484
563
209
162
548
502
185
138
531
573
221
150
590
534
201
140
592
65,569
70, 597
5,557
6,132
6,956
9,633
4,308
4,298
5,559
5,574
6,372
5,948
5,745 '6,349
6,074
62, 471
46, 380
6,627
67, 289
49, 802
6,988
5,275
3,914
531
5,789
4, 215
587
6,627
4,831
666
9,362
7,086
1,025
4,098
3,051
406
4,055
2,976
427
5,278
3,900
564
5,305
3,983
532
6,094
4,607
646
5,688
4,321
576
5,505 '6,092
4,140 r 4, 543
528
'636
5,780
4,330
572
55, 165
2,210
62, 614
2,168
5,034
177
5,351
187
5,760
179
5,587
183
5,646
151
5,116
145
5,702
175
5,268
198
6,079
210
5,457
215
5,812 ' 6, 023
195
'195
5,450
178
do
14,524
14 579
14305
14,166
14,390
14, 661
14,882
14, 624
15,149
15, 325
15,388 ' 15,625
15, 495
do
do
do
do
548
204
141
538
531
201
145
547
493
182
129
538
536
200
143
548
548
217
149
535
567
210
154
561
540
203
141
586
545
203
152
558
574
216
153
574
575
214
152
607
iril. $
do
do
do
do
General meichandlse group with nonstor<\«?9
mil. $
General merchandise proup without nonstores§
iril. $
Dept stores excl mall order sales
do
Variety stores
do
Grocery stores
Tire, battery, accessory dealers
Estimated sales (seas adj ) total 9
Apparel and accessory stores 9
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
do
do
468
188
115
570
555
224
137
594
'614
'244
' 159
'607
586
228
148
618
General merchandise group with nonstores 9
mil $
General merchandise group without nonstores §
mil $
Dept. stores excl mall order sales
do
Variety stores
do
6,014
5 999
5,909
5,712
5,722
5,941
6,038
6,012
6,325
6,352
6,225 ' 6, 474
6,405
5,740
4,227
597
5,721
4,202
608
5 638
4,161
589
5,440
4,096
533
5,459
4,030
581
5,670
4,221
597
5,768
4,333
595
5,730
4,297
598
6,055
4,539
640
6,075
4,534
625
5,952 ' 6, 208
4,476 ' 4, 636
580
'652
6,116
4,558
632
Grocery stores
Tire, battery, accessory dealers
5,472
188
5 4^3
177
5 449
169
5,440
167
5,574
190
5,555
197
5,668
189
5,510
186
5,577
194
5,708
197
5,889 ' 5, 775
178
'184
5,779
187
do
do
All retail stores, accts. receivable, end of yr. or mo.:
Total (unadjusted)
mil. $
Durable goods stores .
do
Nondurable goods stores
do
Charge accounts
Installment accounts
Total (seasonally adjusted)
Durable goods stores
Nondurable goods stores
Charge accounts
Installment accounts.
_. _
27, 031
8,513
18, 518
28, 916
8,578
20, 338
27099
8,995
18 114
27, 406
8,917
18, 489
27,267
8,616
18, 951
28,916
8,578
20,338
27, 666
8,331
19, 335
26, 932
8,163
18, 769
26,694
8, 114
18,580
26,961
8,306
18,655
27, 663
8,652
19,011
27,341 26, 988
8,781 8,795
18, 560 18, 193
27,115
8,817
18, 298
do
do
10, 445
16, 586
10,806
18, 110
10804
16,295
11,029
16, 377
10,760
16,807
10,806
18,110
10, 326
17, 340
10, 120
16, 812
10,214
16,480
10,550
16,411
11,221
16,442
11,049
16, 292
10, 813
16, 175
10, 757
16, 358
do
do
do
25, 368
8,344
17, 024
27,035
8,434
18, 601
27339
8,738
18,601
27, 45S
8,641
18,817
27, 340
8,542
18,798
27,035
8,434
18,601
27, 208
8, 574
18, 634
27, 246
8,518
18, 728
27,129
8,418
18,711
27,303
8,515
18,788
27, 606
8,610
18, 996
27, 402
8,593
18, 809
27, 609
8,719
18, 890
27, 554
8,619
18, 935
do
do
9,991
15,377
10, 374
16 661
10,772
16567
10, 840
16,618
10.596
16,744
10,374
16,661
10, 590
16, 61S
10, 562
16, 684
10,510
16,619
10,659
16,644
10, 902
16, 704
10, 786
16, 616
10, 938
16, 671
10, 846
16, 708
LABOR FORCE, EMPLOYMENT, AND EARNINGS
POPULATION OF THE UNITED STATES
mil..
1 210.41
1211.89
212. 20
212.37
212. 52
212. 65
212. 80
212. 91
213. 02
213. 14
213.26
213. 47
213.63
213. 81
213. 98
214. 14
Labor force, persons 16 years of age and over__thous_.
Civilian labor force
do
Employed, total
do
Agriculture
do
Nonagricultural industries..
do
Unemployed
do
Seasonally Adjusted c?
Civilian labor force.
do
Employed, total
do
Agriculture
do
Nonagricultural Industries
do
91,040
88 714
84 409
3 452
80, 957
4 304
93, 240
91,011
85 936
3 492
82, 443
5,076
93, 661
91,444
86, 242
3.563
82. 679
5,202
94, 105
91,891
86 847
3,536
83, 312
5,044
93, 822
91, 609
85 924
3, 224
82, 700
5,685
93, 538
91,327
85, 220
2,959
82, 261
6,106
93,342
91, 149
82, 969
2,888
80, 082
8,180
93, 111
90, 913
82,604
2,890
79, 714
8,309
93, 593
91,395
83 036
2,988
80.048
8,359
93, 564
91, 369
83 549
3,171
80, 377
7,820
93, 949
91, 768
84 146
3 622
80,524
7 623
96, 191
94, 013
85 444
3,869
81, 575
8,569
97,046
94, 859
86, 650
4,090
82, 560
8,209
96, 493
94, 308
86, 612
3,886
82, 726
7,696
94, 965
92, 795
85, 274
3,626
81, 647
7,522
95, 431
93, 267
86, 023
3,524
82, 499
7,244
91,705
86, 402
3,489
82, 913
91,844
86 304
3,440
82, 864
91,708
85 689
3,375
82, 314
91,803
85, 202
3,339
81, 863
92, 091
84, 562
3,383
81, 179
91,511
84, 027
3,326
80, 701
91,829
83, 849
3,265
80, 584
92, 262
84, 086
3,238
80, 848
92, 940
84, 402
3,512
80, 890
92, 340
84, 444
3,304
81, 140
92,916
85, 078
3,450
81, 628
93, 146
85, 352
3,468
81, 884
93, 191
85, 418
3,546
81, 872
93, 443
85, 441
3,422
82, 019
Total, Incl. armed forces overseas^
LABOR FORCED
Not Seasonally Adjusted
812
937
5 303
989
5,540
1,016
6,019
1,117
6,601
1,319
7,529
1,537
7,484
1,822
7,980
1.991
8,176
2,403
8,538
2,643
7,896
2,887
7,838
2,998
7,794
2,842
7,773
2,856
8,002
2,578
4.9
3.2
4.8
14.5
5.6
3.8
5.5
16.0
5.8
3.9
5.7
16.7
6.0
4.3
5.6
17.1
6.6
4.6
6.6
17.4
7.2
5.3
7.2
18.1
8.2
6.0
8.1
20.8
8.2
6.2
8.1
19.9
8.7
6.8
8.5
20.6
8.9
7.0
8.6
20.4
9.2
7.3
8.6
21.8
8.6
7.0
8.1
19.2
8.4
7.0
7.9
19.1
8.4
6.6
7.7
21.1
8.3
7.0
7.5
19.3
8.6
7.1
7.8
19.9
4.3
8.9
2.3
5.0
9.9
2.7
5.3
9.9
2.8
5.5
10.9
30
5.9
11.6
33
6.4
12.5
3.8
7.5
13.4
4.5
7.4
13.5
4.7
8.0
14.2
5.2
8.1
14.6
5.6
8.5
14.7
5.8
7.9
13.7
5.7
7.9
13.0
5.4
7.6
14.0
5.0
7.6
14.3
5.3
7.9
14.2
5.2
Occupation: White-collar workers. .
3.3
3.5
2.9
3.3
3.8
6.7
Blue-collar workers
7.0
5.3
83
7 4
Industry of last job (n on agricultural):
5.7
6.0
Private wage and salary workers
4.8
6.2
6.8
Construction
10.6
12.0
12.0
8.8
13.5
Manufacturing
5.7
4.3
6 0
7 4
6 4
Durable goods
_
5.4
3.9
5.3
6.1
7.0
'Revised.
* Preliminary.
1 As of July 1.
9 Includes data not shown separately.
§ Except department stores mail order,
t Revisions back to 1970 appear in P-25, No. 545, "Population Estimates and Projections"
(May 1975), Bureau of the Census.
4.1
9.3
4.6
11.0
4.5
10.9
4.6
12.5
4.7
13.0
5.4
13.0
4.8
12.6
4.8
12.1
4.6
11.5
4.7
11.5
4.8
11.2
Unemployed..
do
Long-term, 15 weeks and over
do
Rates (unemployed in each group as percent
of total in the group):
All civilian workers
Men, 20 years and over
Women, 20 years and over.
Both sexes, 16-19 years
White
Negro and other races ..
Married men, wife present
9.6
10.1
9.1
9.1
9.8
9.1
9.2
8.7
8.8
9.3
7.7
17.9
19.3
21.8
21.0
19.2
19.9
20.8
15.0
15.9
18.1
14.9
10.2
12.2
10.6
10.5
12.3
12.0
11.4
11.1
10.5
8.9
11.0
10.5
12.8
12.9
11.3
12.7
11.5
10.5
11.3
11.3
10.9
8.7
cf Beginning in the Feb. 1975 SURVEY, data reflect new seasonal factors; comparable
lonthly data back to 196S appear in EMPLOYMENT AND EARNINGS (Feb. 1975), USDL,
monthly
'T a
BLS.
SUKVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown in
the 1973 edition of BUSINESS STATISTICS
1973
1974
| 1974
Annual
November 1975
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.*
Oct.*
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT J
Employees on payrolls of nonagricultural estab.:
Total, not adjusted for seasonal variation. ..thous...
Private sector (excl. government)
do
76, 896
63, 157
78,413
64, 235
79, 171
65, 144
79, 465
65, 020
79, 151
64, 549
78, 462
63, 824
76, 207
61, 669
75, 772
60, 943
75,778
60, 884
76, 177
61, 269
76, 689
61, 750
77, 183
62,387
76, 439
62, 220
76,900
62,788
77,582
63,036
78, 130
63, 144
76, 896
63, 157
43, 089
24, 727
644
4,015
78, 413
64, 235
44, 189
24, 697
78, 830
64, 531
44, 427
24, 714
78, 790
64, 437
44, 465
24, 572
78, 374
63, 975
44, 337
24, 186
76, 804
62, 210
43, 835
22, 691
76, 468
61, 850
43, 624
22, 422
76, 462
61, 770
43, 615
22, 328
76, 510
61, 784
43, 622
22, 339
76,679
61, 863
43, 779
22, 222
708
3,902
76, 343
61, 652
43, 552
22, 233
694
3,957
722
3,826
77, 319
62, 852
44, 054
23, 270
728
3,872
77, 723
63, 302
44, 112
23, 646
77,023
62,168
43,914
22,418
••749
r
3, 415
77,275
62,445
44,035
22,575
749
3,416
77, 492
62, 602
44,084
22, 675
Manufacturing
do
Durable goods
_.
do
Ordnance and accessories
do
Lumber and wood products
do
Furniture and
fixtures.
do..
Stone, clay, and glass products
do
Primary metal industries
do
Fabricated metal products
do .
Machinery, except electrical
do
Electrical equipment and supplies. _do
Transportation equipment
do
Instruments and related products. .do
Miscellaneous manufacturing
do
20, 068
11, 839
183
643
536
691
1,324
1,500
2,092
2,020
1,904
497
451
20, 046
11,895
20, 104
11, 943
19, 972
11, 870
19, 638
11,656
18, 518
10, 676
1,344
1,505
2,218
2,030
1,821
520
448
1, 352
1,506
2,242
2,023
1,850
523
447
1,353
1,492
2,257
2,009
1,836
521
439
1,339
1,467
2,244
1, 951
1,802
515
429
18,410
10,650
'165
'568
'463
'613
' 1, 169
1.340
' 2, 034
' 1, 758
' 1, 643
485
'412
Nondurable goods
do
Food and kindred products
do
Tobacco manufactures
do
Textile mill products
do
Apparel and other textile products, .do
Paper and allied products
do
Printing and publishing
do
Chemicals and allied products
do
Petroleum and coal products do
Rubber and plastics products, nee .do
Leather and leather products
do
8,229
1,719
79
1,026
1,406
701
1,104
1,033
193
677
291
8 151
1,713
8, 161
1,707
8, 102
1,704
988
1,348
702
1,112
1,057
199
676
278
989
1,339
706
1,116
1,067
198
684
275
13 739
2 663
11 075
53
4
17
4
12
4
13
14
2
11
715
696
017
223
794
208
617
177
724
453
52, 334
14 760
52, 334
18 562
Seasonally Adjusted J
Total employees, nonagricultural payrolls J_. do
Private sector (excl. government)
do
Nonmanufactnring industries
do
Goods-producing
do
Mining
do
Contract construction
do
Service-producing
Trans., comm., electric, gas, etc
Wholesale and retail trade
Wholesale trade . . .
Retail trade
Finance, insurance, and real estate
Services
Government
.
Federal
State and local
do
do
do._
do
do
do
do
do
do.
do
Production or nonsupervisory workers on private
nonagric. payrolls, not seas, adjusted
thous..
Manufacturing
do...
686
3,770
723
3,749
724
3,592
729
3,467
732
3,441
738
3,439
18, 155
10, 637
18, 162
10, 595
741
3,392
743
3,395
770
3,387
18, 375
10, 813
1,308
1,425
2,214
1,888
1,722
511
415
18, 798
11,099
177
551
454
635
1,284
1,374
2,183
1,850
1,674
506
411
1,248
1,357
2,153
1,785
1,594
497
404
1,218
1,336
2,128
1,773
1,624
490
399
1,189
1,332
2,098
1,746
1,631
488
397
1,168
1,324
2,064
1,735
1,653
481
399
1,149
1,317
2,035
1,723
1,657
481
398
7,833
1,684
78
908
1,246
674
1,104
1, 045
198
632
264
7,699
1,668
80
870
1,218
663
1,101
1,034
194
614
257
7,562
1,662
79
849
1,188
647
1,094
1,024
191
579
249
7,498
1,659
77
845
1,180
636
1,089
1,009
194
564
245
7,518
1,664
964
1,327
694
1,114
1,067
199
683
271
7,982
1,693
77
939
1,298
685
1,107
1,059
200
654
270
865
1,191
629
1,084
1,003
193
568
246
7,567
1,670
75
885
1,205
631
1,079
1,004
195
574
249
7,573
1,671
75
891
1,215
627
1,073
l.OCO
197
572
252
54 116
4 683
17, 143
4 239
12 904
4 224
13 767
14 299
2,746
11 553
54 218
4 686
17, 154
4 246
12 908
4 228
13 797
14 353
2,745
11 608
54 188
4 683
17, 058
4 237
12 821
4 226
13 822
14 399
2 742
11 657
54 077
4 659
16, 935
4 224
12 711
4 229
13 833
14 421
2,738
11 683
54 049
4 603
16, 903
4 205
12 698
4 219
13 857
14 467
2,734
11 733
54 113
4 565
16,879
4 189
12 690
4 210
13 865
14 594
2,733
11 861
54 046
4,506
16, 851
4,178
12 673
4,207
13 864
14, 618
2,733
11 885
54 134
4,508
16, 847
4,176
12 671
4,209
13 878
14, 692
2,731
11,961
54, 171
4,491
16, 857
4,175
12, 682
4,208
13, 889
14, 726
2,732
11, 994
54 110
4,469
16, 877
4,153
12 724
4,202
13 871
14, 691
2,738
11, 953
54 457 54605 54,700
4,464 ' 4, 466 ' 4, 466
16, 984 17, 016 17,042
4,161 ' 4, 159 ' 4, 180
12 823 12857 12,862
4,203 ' 4, 218 ' 4, 236
13 990 14, 050 14, 126
14, 816 14,855 14,830
2,765
2,756
2,745
12,071 12099 12,065
54, 817
4,474
17,032
4,182
12, 850
4,247
14, 174
14, 890
2,763
12, 127
53, 029
14 613
53, 840
14, 913
53, 713
14, 709
53, 249
14, 363
52, 574
13, 825
50,509
13, 237
49, 804
12, 859
49, 765
12, 757
50, 138
12, 731
50, 601
12, 807
51, 207
12, 981
51, 129
12, 744
51,946
13, 431
52, 015
13,449
53, 029
18 374
53, 255
18, 379
53, 153
18, 227
52,687
17, 869
52, 038
17, 373
51,624
17, 034
51, 005
16, 487
50, 663
16, 230
50, 585
16, 161
50,629
16, 194
50, 536
16, 122
51, 501
16, 546
3 315
14 760
8 691
92
554
442
553
1 065
1, 156
1 416
1,387
1 368
306
353
3 234
14 613
8,641
85
533
423
552
1,074
1,150
1,495
1,372
1,285
322
350
3,189
14, 652
8,674
85
525
424
548
1,082
1,149
1,507
1,365
1,315
324
350
3,160
14, 515
8,599
85
508
413
540
1,081
1,135
1,518
1,351
1,304
322
342
3,113
14, 207
8,398
84
486
396
531
1,069
1,112
1,500
1,299
1,271
317
333
13, 802
8,133
85
476
384
519
1,038
1,075
1, 475
1,245
1,206
312
318
13, 437
7,898
84
459
364
501
1,017
1,027
1, 450
1,213
1,162
308
313
13, 051
7,634
85
445
354
487
979
1,011
1,422
1,156
1,087
300
308
12, 915
7,561
84
448
347
479
950
993
1,400
1,143
1,122
292
303
12, 863
7,483
84
444
349
478
923
992
1,372
1,123
1,126
291
301
12, 887
7,454
84
454
354
479
905
985
1,339
1,113
1, 151
287
303
2,712
12, 849
7,404
82
459
351
477
889
979
1,317
1,106
1,155
286
303
50, 825 ' 51,136 ' 51,388
16, 115 ' 16,312 ' 16,458
'567
564
'567
2,711 ' 2, 734 ' 2, 731
12, 840 ' 13,011 '13,160
7,348 ' 7, 450 ' 7, 534
'75
77
81
'475
469
463
'379
'366
355
'486
'483
477
'912
892
878
1,001
960
'993
1,300 '1,300 '1,316
1,097
1,131 ' 1, 142
1,141
1,142
1,143
291
'286
287
'316
311
307
6 069
1,163
66
5, 978
1,159
66
5,916
1,159
66
1,140
530
669
620
127
536
231
5,669
1,140
65
789
1,068
512
660
596
126
488
225
5,539
1,127
67
749
1,044
500
656
584
120
473
219
5,354
1,119
64
727
1,008
474
644
563
122
426
207
5, 380
1,125
62
1, 155
542
672
622
126
538
235
5,809
1,148
64
815
1,118
522
662
613
127
509
231
5,417
1,123
66
1,221
544
670
600
122
534
249
5,972
1,164
66
862
1,163
540
671
612
126
530
237
5,433
1,131
62
766
1,033
472
636
562
123
436
212
5,445
1,133
62
771
1,043
469
631
560
125
436
215
5,492 ' 5, 561 ' 5, 626
1,147
1,131 ' 1, 147
66
'65
65
'820
'800
777
'
1,086
1,071 ' 1, 071
'487
479
474
'632
'632
629
'571
'566
560
129
128
127
'462
'453
439
226
220
219
5,700
1,166
65
835
1,106
491
631
574
129
472
231
33, 771
4,019
14, 799
3,433
11, 366
3,184
11, 769
34, 656
4,058
15, 065
3,526
11, 540
3,240
12, 293
34, 876
4,039
15, 183
3,535
11, 648
3,249
12, 405
34, 926
4,041
15, 199
3,540
11,659
3,247
12, 439
34, 818
4,035
15, 096
3,533
11, 563
3,232
12, 455
co ICQ
4 644
16 674
4 107
1 o ceo
4 091
1 3 091
177
626
517
690
80
178
618
518
686
80
178
600
507
678
79
177
579
486
667
19, 190
11,357
176
569
474
655
177
537
441
620
18, 226
10, 728
177
539
434
610
176
536
436
608
75
177
546
439
609
18, 100
10, 527
173
552
437
605
18,254
10,563
167
563
'452
'610
1,134 ' 1, 148
1,298 '1,331
2,013
2,017
1,712 ' 1, 747
1,645
1,645
482
'481
406
403
18, 084
10, 465
172
557
441
604
' 7, 691 ' 7, 760
'1,688 ' 1, 689
897
1,245
633
1,068
999
199
575
256
'918
' 1, 245
'639
' 1, 072
1,008
'199
'588
'256
'78
51,685
13,180
1,161
1,344
2,037
1,777
1,644
488
409
7,842
1,708
79
'938
954
' 1, 260
1,285
652
'649
' 1, 074 1,072
'1,010
1,013
202
'200
'598
609
263
268
7, 619
1,668
79
164
573
463
616
'79
Seasonally Adjusted?
Production or nonsupervisory workers on private
nonagricultural payrolls t
thous..
Goods-producing
do
Mining
do
Contract construction
do
Manufacturing
do
Durable poods
. do...
Ord nance and accessories
.do
Lumber and wood products
do
Furniture and fixtures
do
Stone, clay, and glass products.
do
Primary metal industries.
do
Fabricated metal products
do
Machinery, except electrical . . . do
Electrical equipment and supplies. ..do
Transportation equipment
do ..
Instruments and related products
do
Miscellaneous manufacturing
do
Nondurable goods
do
Food and kindred products
do
Tobacco manufactures
..
do
Textile mill products
do.
Apparel and other textile products. ..do
Paper and allied products
do
Printing and publishing. _
do..
Chemicals and allied products
do
Petroleum and coal products
.do
Rubber and plastics products, nee... do...
Leather and leather products
do
Service-producing
Transportation, comm., elec., gas, etc
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
do
do
do
do..
do
do
do
488
901
527
538
863
552
838
549
' Revised.
» Preliminary.
^Effective with the Oct. 1975 SURVEY, all establishment (payroll) employment, hours,
earnings, and labor turnover reflect the periodic adjustment of these data to more recent
benchmarks (Mar. 1974) and to revised seasonal factors. Data back to Jan. 1970 are subject
to revision. The Oct. 1975 EMPLOYMENT AND EARNINGS (BLS) provides monthly data back
to 1970 for many of the series published in the SURVEY.
513
3,058
552
3,045
550
2,886
730
1,019
485
649
576
117
441
211
553
2,762
553
2,745
745
1,020
471
639
558
121
430
209
560
2,747
561
579
2,702
13, 265
7,565
75
479
377
488
906
1,004
1,318
1,163
1,148
293
314
34, 665 34, 590 34, 518 34, 433 34, 424 34, 435 34, 414 34, 710 ' 34,824 ' 34,930 34, 955
3, 832
3,827 ' 3, 825 ' 3, 827
3,831
3,849
3,865
3,869
3,922
3,956
4,011
14, 959 14, 930 14, 896 14, 863 14, 858 14, 862 14, 896 15, 081 15, 116 ' 15,144 15, 138
3,464
3,463
3,448 ' 3, 445
3,440
3,464
3,458
3,461
3,480
3,499
3,518
11,441 11, 431 11,416 11,399 11,397 11,404 11,456 11, 633 ' 11,671 ' 11,681
3,203 ' 3, 218 ' 3, 233 3,235
3,208
3,209
3,206
3,210
3,232
3,225
3.217
12, 463 12, 479 12,483 12, 491 12, 495 12, 515 12, 479 12, 599 ' 12,665 ' 12,726 12, 750
ONOTE FOR P. S-16: In accordance with the 1975 Tax Reduction Act (effective May 1 ,
1975), new formulas have been constructed for the period May-Dec. 1975 for calculating spend able earnings. Therefore, the entire reduction in 1975 taxes is accounted for in the period
May-Dec. 1975. The 4.7% increase from Apr. to May 1975 in real spendable earnings reflects a
.1% increase in real weekly earnings plus a 4.6% decrease in the average tax effect (the change
in avg. soc. security/federal income tax rates for worker with 3 dependents who earned the
aver, weekly earnings).
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-15
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept."
Oct.p
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
AVERAGE HOURS PER WEEK
Seasonally Adjusted
\.vg. weekly hours per worker on private nonagric.
payrolls:J1i Seasonally adjusted
hours..
Not seasonally adjusted
do
Mining
do
Contract construction
do..
Manufacturing: Not seasonally adjusted. ..do
Seasonally adjusted
do .
Overtime hours
do
37.1
42.5
37.0
40.7
36.6
42.4
36.9
40.0
36.5
36.7
43.1
36.7
40.3
39.9
36.5
36.5
43.4
37.1
40.1
40.0
36.2
36.1
36.3
37.0
39.7
39.5
36.3
36.4
41.3
37.4
39.9
39.4
36.2
35.7
42.5
37.2
38.7
39.2
36.1
35.7
42.4
36.8
38.5
38.8
35.9
35.6
41.9
34.9
38.7
38.9
35.9
35.7
41.1
36.8
38.9
39.1
35.9
35.8
42.6
36.9
39.0
39.0
36.0
36.3
42.2
35.7
39.5
39.3
2.4
36.0
36.4
42.1
36.2
39.2
39.4
2.6
36.2
36.6
'41.8
36.7
'39.7
'39.7
'2.8
'36.1
'36.3
'42.2
'36.6
'40.2
'39.8
'2.8
36.2
36.2
42.6
36.5
39.9
39.8
2.7
39.6
2.3
41.6
39.0
37.6
40.3
39.6
39.5
40.4
39.3
40.0
39.4
38.3
39.8
2.5
40.1
39.1
37.8
40.6
39.7
39.5
40.5
39.5
40.7
39.7
38.1
••40.2
'2.7
••41.2
39.5
38.3
40.7
39.9
'40.0
'40.8
'39.6
41.2
'39.5
38.2
'40.2
'2.7
'41.9
39.5
'38.8
'40.9
'40.0
'40.3
'40.7
'39.6
40.7
'39.8
38.7
40.0
2.6
41.6
39.5
38.9
40.8
40.1
40.3
40.7
39.6
40.5
39.8
38.6
2.4
2.4
3.8
3.2
41.5
40.7
40.7
40.7
40.3
40.2
40.1
39.7
39.5
39.7
39.5
41.8
40.7
39.9
42.1
42.4
41.6
42.6
40.4
41.9
40.8
38.9
41.7
39.7
39.0
41.4
41.7
40.8
42.3
39.8
40.1
40.2
38.5
41.5
39.1
38.7
41.3
41.9
41.1
42.5
39.8
40.1
40.1
38.5
41.4
38.9
38.6
41.3
41.9
40.9
42.5
39.7
40.5
39.9
38.4
41.9
38.5
37.8
41.2
41.5
40.4
42.2
39.5
39.6
39.9
37.9
41.7
38.2
37.4
41.0
41.1
40.5
42.0
39.6
39.5
39.7
38.2
41.8
38.1
36.6
40.9
40.6
40.4
41.8
39.5
39.6
39.6
38.1
41.3
38.6
36.4
40.2
40.3
39.8
41.3
39.2
39.2
39.0
37.8
41.3
38.0
36.6
39.6
40.0
39.7
40.9
39.2
39.1
39.1
37.7
41.3
38.8
37.2
40.3
39.7
39.7
41.0
39.4
40.5
39.2
38.1
41.1
38.8
37.5
40.2
39.5
39.5
40.5
39.1
39.5
39.3
38.1
39.6
39.1
38.9
38.9
38.4
38.2
38.1
37.6
37.9
38.0
38.3
40.4
38.5
40.9
35.8
40.4
38.0
39.4
35.1
40.3
38.2
39.1
35.1
40.3
37.3
38.4
35.3
40.1
37.3
37.7
34.4
40.0
37.7
36.7
34.3
40.0
37.5
36.2
34.2
40.0
37.5
36.1
33.6
40.2
38.6
36.9
33.8
39.9
38.3
37.7
34.3
39.9
36.9
38.9
34.4
38.7
2.6
39.9
39.8
39.2
35.2
38.8
2.8
40.1
35.4
39.6
35.2
'39.3
2.9
'40.7
'37.6
'40.4
'35.5
'39.4
'2.9
'40.8
'38.1
'40.9
'35.9
39.4
2.9
40.6
36.7
41.0
36.1
do
do
do
do
do
do
42.7
37.9
41.9
42.3
41.1
37.9
42.1
37.6
41.6
42.5
40.4
37.2
41.9
37.5
41.5
42.3
40.4
36.6
41.8
37.6
41.3
42.6
40.7
36.9
41.3
37.4
41.1
42.2
39.7
36.6
41.3
37.3
41.0
42.2
39.5
36.2
41.0
37.4
40.7
41.9
39.5
35.9
40.6
37.1
40.6
41.9
38.8
35.4
40.5
37.0
40.4
41.7
38.7
35.3
40.4
36.8
40.3
41.0
39.0
36.5
40.9
36.7
40.6
41.5
39.6
36.5
41.5
36.7
40.7
41.2
39.6
37.5
41.6
36.7
40.9
41.3
40.0
37.8
'42.1
37.1
'41.1
'41.0
'40.1
38.0
'42.2
37.0
41.3
'41.5
'40.3
'38.4
42.3
36.9
41.3
41.3
40.3
38.9
do
do
do
do „
do
do
40.6
34.7
39.5
33.3
36.9
34.0
40.2
34.1
38.9
32.7
36.7
33.9
40.2
34.0
38.8
32.5
36.8
33.9
40.1
33.9
38.7
32.4
36.6
33.8
39.8
33.8
38.6
32.5
36.8
33.8
39.8
33.9
38.6
32.5
36.8
33.8
39.9
33.8
38.7
32.4
36.9
33.9
39.7
33.9
38.6
32.3
36.8
33.9
39.7
33.9
38.6
32.5
36.6
33.8
39.8
33.7
38.6
32.3
36.2
33.7
39.2
33.9
38.6
32.5
36.4
33.9
39.5
33.8
38.4
32.4
36.5
33.9
39.4
33.6
38.5
32.2
36.3
33.7
'39.5
33.8
'38.6
'32.3
36.3
33.8
'39.7
'33.6
'38.5
32.1
'36.3
33.6
39.5
33.7
38.6
32.2
36.4
33.7
Hours of wage and salary workers in nonagric.
establishments, for 1 week in the month, seasonally adjusted at annual ratej
bil. hours..
Total private sector
do
Mining
_
do
Contract construction
do
Manufacturing
do
Transportation, comm., elec., gas
do
Wholesale and retail trade
do
Finance, insurance, and real estate
do
Services
do
Government
do
149. 27
121. 91
1.42
7.68
42.06
9.78
30.13
7.83
23.02
27.36
150. 72
122. 63
1.53
7.58
41.50
9.82
30.27
8.01
23.93
28.08
151. 50
123. 17
1.59
7.45
41.64
9.79
30.36
8.08
24.27
28.33
152.62
122. 84
1.64
7.47
41.36
9.77
30.29
8.05
24.25
29.78
149. 99
121.31
1.36
7.36
40.34
9.69
30.17
8.09
24.29
28.68
148. 48
120. 13
1.47
7.33
39.32
9.64
29.96
8.09
24.31
28.35
147. 96
119. 22
1.60
7.25
38.44
9.55
29.86
8.10
24.43
28.74
146. 15
117.39
1.60
6.87
37.28
9.42
29.72
8.06
24.44
28.76
145. 38
116. 34
1.59
6.29
36.98
9.30
29.80
8.01
24.37
29.04
145. 58
116. 32
1.56
6.58
36.94
9.33
29.66
7.92
24.32
29.26
145. 70
116. 60
1.64
6.60
36.95
9.16
29.81
7.96
24.48
29.10
145. 04
116. 24
1.63
6.30
36.98
9.18
29.73
7.98
24.45
28.80
145. 35
116 46
1.63
6.39
37.05
9.15
29.80
7.93
24.52
28.89
ndexes of hours (aggregate weekly) :flf
Private nonagric. payrolls, total
1967 = 100..
Goods-producing
.
do
Mining
do
Contract construction
.
do
Manufacturing
do
Durable goods
do
Nondurable goods
. .
do
Service-producing
do
Transportation, comm., elec., gas
do
Wholesale and retail trade
do
Wholesale trade
do
Retail trade
do
Finance, insurance, and real estate
do...
Services
...
do
113.0
105.9
103.7
120.1
103.5
104.7
101.7
117.9
108.4
116.1
113.2
117.1
123.5
123.0
113.0
103.4
111.7
117.1
100.7
102.0
98.8
119.7
108.6
116.2
114.4
116.9
125.0
127.9
113.3
103.4
116.0
114.7
101.0
102.6
98.6
120.2
108.0
116.5
114.5
117.3
125.8
129.1
112.9
102 7
119.9
114.9
100.0
101.7
97.5
120.0
107.7
116.3
114.3
117.0
125.0
129.1
111.3
99.2
99.7
112.9
96.8
98.3
94.5
119.6
106.8
115.7
113.8
116.4
125. 1
129.3
109.9
96.7
106.0
112.1
93.6
94.9
91.7
119.1
106.2
114.7
113.3
115.2
125.1
129.3
108.9
94.5
117.4
111.0
90.8
91.8
89.3
118.9
105.0
114.3
113.0
114.7
125.2
129.9
107.0
90.7
116.7
104.1
87.4
87.9
86.7
118.4
103.5
113.7
112.1
114.2
124.5
129.9
105.9
88.4
115.9
94.5
86.4
86.6
86.0
118.1
102.1
113.9
111.6
114.8
123.6
129.6
106.0
89.2
113.7
99.0
86.6
86.5
86.7
117.6
102.3
113.4
111.5
114.0
122.1
129.3
106.3
89.4
119.4
99.3
86.6
85.4
88.2
118.0
100.3
113.9
111.4
114.8
122.9
130.3
106.0
88.9
118.4
94.9
86.8
85.2
89.1
117.8
100.6
113.7
110.3
115.0
123.2
129.9
106.4
89.3
118.8
96.2
87.1
84.9
90.2
118.3
100.3
114.6
110.8
116.0
122.3
130.4
' 107. 6
'91.2
' 118. 6
'98.3
'89.0
'86.7
'92.4
' 119. 0
' 100. 5
' 115. 2
'111.0
'116.8
' 122. 9
' 131. 4
' 108. 0
'92.3
' 119. 7
'98.0
'90.3
'87.8
'94.0
118.9
101.0
114.8
111.3
116.2
123.4
131.3
108.4
92.8
123.4
96.6
91.0
88.1
95.3
119.2
100.6
115.1
111.6
116.4
123.8
131.9
3.92
4.73
6.37
4.08
3.89
4.34
4.13
4.35
3.64
3.26
4.21
5.04
4.26
4.56
3.89
5.07
3.90
3.27
4.22
5.21
6.75
4.41
4.24
4. 60
4.50
4.71
3.91
3.50
4.5?
4.35
5.38
7.01
4.54
4.34
4.83
4.62
4.82
4.05
3.59
4.65
5.81
4.74
5.05
4.27
5.64
4.29
3.56
4.37
5.38
6.99
4.57
4.39
4.88
4.67
4.82
4.02
3.59
4.66
5.82
4.76
5.09
4.31
5.78
4.31
3.54
4.36
5.23
7.00
4.59
4.43
4.89
4.74
4.87
4.02
3.59
4.65
5.89
4.76
5.12
4.34
5.73
4.33
3.59
4.38
5.43
7.05
4.66
.50
.96
.79
.94
4.40
5.69
7.07
4.67
4.54
4.95
4.81
4.98
4.05
3.64
4.67
5.93
4.78
5.17
4.43
5.77
4.42
3.73
4.42
5.74
6.99
4.68
4.56
4.98
4.84
5.04
4.11
3.66
4.69
5.99
4.84
5.21
4.45
5.75
4.46
3.73
4.44
5.75
7.14
4.72
4.59
5.02
4.88
5.09
4.14
3.69
4.72
6.01
4.90
5.24
4.48
5.84
4.49
3.73
4.46
5.73
7.12
4.73
4.60
5.04
4.90
5.10
4.13
3.71
4.78
6.01
4.93
5.26
4.51
5.86
4.49
3.75
4.48
5.81
7.12
4.75
4.61
5.06
4.93
5.15
4.17
3.70
4.83
6.04
4.98
5.29
4.53
5.88
4.52
3.75
4.51
5.87
7.18
4.78
4.63
5.10
4.95
5.17
4.25
3.72
4.87
6.07
5.03
5.32
4.58
5.96
4.54
3.78
4.53
5.88
7.24
4.81
4.65
5.13
4.98
5.22
4.31
3.74
4.93
6.11
5.04
5.33
4.61
6.00
4.56
3.79
'4.56
5.92
'7.27
4.82
4.65
5.16
5.00
5.28
'4.39
'3.78
'4.96
6.29
'5.10
'5.39
'4.60
6.01
'4.57
'3.79
'4.64
'6.02
'7.39
'4.89
4.70
'5.24
5.06
'5.43
'4.41
'3.80
5.00
'6.39
5.16
'5.46
'4.67
6.15
'4.61
3.81
4.65
6.00
7.48
4.91
4.74
5.27
5.10
5.46
4.40
3.82
5.01
6.42
5.18
5.51
4.67
6.28
4.61
3.83
Durable goods
Overtime hours
Ordnance and accessories
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical equipment and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
do...
do
do
do
do
do
do
do
do
do
do
do
do
Nondurable goods
Overtime hours
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
do
do
do
do
do
do
Paper and allied products
Printing and publishing
Chemicals and allied products..
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
Trans., comm., elec., gas, etc
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
4.1
3.4
3.4
3.0
3.2
3.4
2.9
3.1
3.3
2.8
2.8
3.0
2.6
2.7
2.8
2.5
2.4
2.5
2.3
2.5
2.2
2.3
2.3
2.2
2.3
2.4
2.2
2.2
2.4
AGGREGATE HOURS
Seasonally Adjusted
' 146.81 ' 147.15
' 117.61 ' 117.93
'1.63 '1.64
'6.52 '6.50
' 37. 70 ' 38. 05
'9.17 '9.22
' 29. 94 ' 29. 84
'8.00
7.96
' 24. 69 ' 24. 68
' 29. 20 ' 29. 23
147. 96
118. 30
1.71
6.43
38.19
9.19
29.91
8.04
24.84
29.66
HOURLY AND WEEKLY EARNINGS
Average hourly earnings per worker:J1f
Not seasonally adjusted:
Private nonagric. payrolls
dollars..
Mining ...
do
Contract construction
do
Manufacturing
do
Excluding overtime
do
Durable goods ..
do
Excluding overtime
do
Ordnance and accessories
.
do
Lumber and wood products
do .
Furniture and
fixtures
do
Stone, clay, and glass products
do ..
Primary metal industries _
do
Fabricated metal products
. . do
Machinery, except electrical
do
Electrical equipment and supplies. do
Transportation equipment
...do ...
Instruments and related products. .do
Miscellaneous manufacturing ind...do
' Revised.
* Preliminary.
$ See note "I", p. S-14.
HP reduction and nonsupervisory workers.
5. en
4. 50
4.92
4.17
5.4R
4.20
3.50
.02
3.63
4.68
5.93
4.82
5.20
4.42
5.82
4.42
3.67
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Sept.
Annual
November 1975
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept."
Oct.*
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HOURLY AND WEEKLY EARNINGS— Con.
Avg. hourly earnings per worker, private nonagric.
payrolls. Not seas, adj.l H— Continued
Manufacturing— Continued
Nondurable goods
dollars
Excluding overtime
do
Food and kindred products
do_.
Tobncco manufactures
do
Textile mill products
do
Apparel and other textile prod
do
Paper and allied products
-- -do
Printing and publishing
do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber and plastics products, nee _ do
Leather and leather products . ..do
Transportation, comm., elec., gas
do
Wholesale and retail trade . .
do
Wholesale trade
do
Retail trade
. do
Finance, insurance, and real estate
do
Services
. ..do
Seasonally adjusted: t
Private nonagricultural payrolls
do
Mining
do
Contract construction
do
Manufacturing
do
Transportation, comm., elec., gas
do —
Wholesale and retail trade
.- -do
Finance, insurance, and real estate
do
Services
do
Indexes of avg. hourly earnings, seas, adj.: 0 tj
Private nonfarm economy:
Current dollars
1967 = 100 .
1967 dollarsA
- do
Mining
do
Contract construction
do
Manufacturing
do
Transportation, comm., elec., gas
do...
Wholesale and retail trade
do
Finance, insurance, and real estate
do .
Services
do
Hourly wages, not seasonally adjusted:
Construction wages, 20 cities (E NR): d"
Common labor
$ per hr.
Skilled labor
. . do
Farm (U.S.) wage rates, hired workers, by
method of pay:*
All workers including piece-rate
$ per hr
All worker^ other than piece-rate
do
Workers receiving ca^h wages only
do
Workers paid per hour cash wages only do
Railroad wages (average class T)§
do
Avg. weekly earnings per worker, Ifprivate nonfarm :J
Current dollars, seasonally adjusted
1967 dollars, seasonally ad justed A
Spendable earnings (worker with 3 dependents):©
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted A
Current dollars, not seasonally adjusted:!
Private nonfarm, total
.dollars
Mining
... do
Contract construction
do
Manufacturing
do
Durable goods
do .
Nondurable goods
do
Transportation, comm., elec., gas.
do
Wh olesale and retail trade
.do .
Wholesale trade
.do
Retail trade
do
Finance, insurance, and real estate.. ..do ..
Services..
. . . do
HELP-WANTED ADVERTISING
Seasonally adjusted index t
1967=100
LABOR TURNOVER*
Manufacturing establishments:
Unadjusted for seasonal variation:
Accession rate, total
mo. rate per 100 employees
New hires
do
Separation rate, total
_
do
Quit
do
Layoff .
do
Seasonally adjusted:
Accession rate, total
do
New hires . ..
__
do
Separation rate, total
do
Quit
do
Layoff
_ _
do
3.68
3.53
3.82
3.74
2.95
2.78
4.19
4.68
4.48
5.21
3.80
2.81
5.04
3.20
4.12
2.87
3.58
3.46
3.99
3.84
4.16
4.10
3.19
2.99
4.51
4.97
4.85
5.61
4.03
3.01
5.43
3.47
4.49
3.09
3.82
3.76
4.09
3.93
4.22
4.05
3.28
3.09
4.64
5.08
4.98
5.78
4.12
3.07
5.58
3.55
4.63
3.16
3.91
3.85
4.11
3.96
4.26
4.06
3.26
3.10
4. 66
5.09
5.01
5.78
4.15
3.07
5.62
3.57
4.63
3.18
3.90
3.86
4.14
4.00
4.30
4.20
3.28
3.10
4.69
5.12
5.06
5.78
4.16
3.11
5.62
3.58
4.68
3.18
3.92
3.89
4.20
4.07
4.37
4.27
3.28
3.11
4.74
5.17
5.11
5.82
4.21
3.12
5.65
3.57
4.71
3.18
3.98
3.92
4.23
4.11
4.42
4.34
3.29
3.14
4.75
5.16
5.15
5.88
4.23
3.15
5.67
3.65
4.74
3.24
3.99
3.94
4.25
4.13
4.45
4.49
3.30
3.13
4.75
5.20
5.16
6.11
4.22
3.18
5.70
3.68
4.79
3.27
4.05
3.99
4.27
4.16
4.48
4.69
3.31
3.16
4.78
5.23
5.19
6.27
4.23
3.21
5.72
3.68
4.80
3.27
4.09
4.00
4.27
4.16
4.49
4.77
3.32
3.16
4.81
5.25
5.22
6.30
4.25
3.21
5.75
3.69
4.80
3.29
4.09
3.99
4.30
4.17
4.52
4.77
3.33
3.15
4.86
5.32
5.30
6.33
4.30
3.20
5.78
3.72
4.83
3.31
4.11
4.01
4 32
4 18
4.54
4 89
3.34
3.16
4.95
5.35
5.35
6.38
4.33
3.21
5.83
3.73
4 87
3.33
4.16
4.02
4 36
4 21
4 55
4 62
3 34
3.16
5 05
5.41
5.42
6.51
4.42
3.22
5.90
3 73
4 88
3 33
4.13
4.03
4 36
4 20
4 58
r 4 32
r
3 38
'3.16
3.92
4.73
6.37
4.08
5.04
3.20
3.58
3.46
4.22
5.21
6.75
4.41
5.43
3.47
3.82
3.76
4.31
5.37
6.92
4.53
5.52
3.54
3.91
3.82
4.34
5.43
6.90
4.57
5.60
3.57
3.91
3.85
4.35
5.22
6.96
4.59
5.60
3.59
3.94
3.89
4.38
5.38
7.00
4.62
5.64
3.60
3.97
3.91
4.41
5.62
7.03
4.65
5.66
3.63
3.97
3.93
4.43
5.71
6.98
4.68
5.70
3.67
4.02
3.97
4.46
5.76
7.18
4.72
5.75
3.67
4.08
3.99
4.47
5.71
7.18
4.73
5.77
3.68
4.08
3.99
4.49
5.82
7.16
4.75
5.82
3.71
4.11
4.01
4.51
5.89
7.27
4.78
5.87
3.73
4.18
4.04
4 54
5.92
7 33
4.82
5.90
r
3. 74
4.14
4.06
'4 57
5.97
r
7 30
4.86
••6.05
r
3 78
'4.18
'4.08
146.6
110.1
147.6
154.4
143.6
155.6
143.1
138.4
150.1
158.6
107.4
163.1
163.7
156.0
167.3
155.0
148.6
163.3
162.0
107.0
167.6
167.3
159.7
170.3
158.7
152.6
165.9
163.3
106.8
168.8
167.3
161.3
172.4
159.6
152.9
167.0
164.2
106.4
167.9
168.3
162.5
172.7
160.4
153.9
168.3
165.4
106.4
172.6
169.6
163.7
173.6
161.1
155.0
169.4
166.3
106.3
174.9
170.4
164.8
174.3
162.6
154.9
170.4
167.8
106.6
177.7
168.8
166.1
175.6
164.1
157.3
172.1
169.1
107.2
178.5
173.7
167.7
176.8
164.8
159.8
172.9
169.4
106.8
178.1
173.7
168.6
177.6
164.9
159.4
172.5
170.6
107.1
180.7
173.4
169.7
179.3
166.4
160.4
173.5
172.2
107.3
182.8
175.9
171.0
181.1
167.5
163.1
175.5
173.1 ' 174. 6
106.6 ' 107. 4
184.0
186.2
177.4 r 176. 7
172.2
173 3
1 2.4 r 186. 2
168 3 rr 170 5
161.5 r 163. 0
175 8
177 1
7.07
9.58
7.55
10.18
7.78
10.40
7.86
10.50
7.88
10.55
7.90
10.58
7.94
10.62
7.96
10.66
7.96
10.67
7.99
10.70
8.06
10. 76
8.23
10.93
8.44
11.08
5.427
2.29
2.24
2.48
2.35
5.707
145. 43
109.26
154. 45
104. 57
157. 32
103. 85
158. 41
103. 64
157. 47
102. 07
158. 99
102. 26
159. 64
102. 02
159. 92
101. 64
160. 11
1Q1. 48
160. 47
101. 11
161. 19
101.21
127. 41
95.73
134. 37
90.97
136. 58
90.16
137. 42
89.91
13^. 70
88.61
137. 87
88.67
138. 38
88.43
138. 59
88.08
138. 73
87.93
145. 43
201. 03
235. 69
166. 06
180. 11
145. 73
204. 62
111.04
162. 74
95.57
132. 10
117. 64
154. 45
220. 90
249. 08
176. 40
190. 88
156. 01
218. 29
118. 33
174. 66
101. 04
140. 19
127. 46
159. 65
233. 49
263. 58
182. 96
198. 03
160. 74
225. 43
121. 06
180. 11
103. 02
143. 50
130. 90
159. 51
235. 64
265. 62
183. 26
199. 59
160. 29
226. 49
120. 31
179. 18
102. 40
142. 74
130. 08
157. 40
190. 37
255. 50
182. 22
198. 05
159. 80
223. 68
120. 29
180. 65
102. 08
143. 86
130. 70
159. 43
224. 80
259. 44
185. 93
202. 86
161. 70
224. 87
122. 09
183. 69
104. 30
146. 46
132. 50
157. 08
238. 98
250. 99
180. 73
195. 53
159. 05
224. 53
121. 55
182. 49
103. 03
147. 23
132. 78
157. 79
241. 08
247. 45
180. 18
196. 21
158. 53
224. 58
122. 91
183. 46
103. 99
149. 04
134. 46
158. 06
237. 48
247. 76
182. 66
197. 79
160. 98
224. 80
123. 28
184. 32
104. 64
149. 29
134. 40
126
110
107
99
91
85
77
76
4.8
3.9
4.6
2.7
.9
4.2
3.2
4.8
2.3
1.5
4.9
3.9
5.4
3.2
1.2
'3.8
2.9
5.0
2.2
1.8
2.4
1.7
5.0
1.4
2.8
1.8
1.0
5.2
.9
3.6
3.0
1.3
6.2
1.1
4.1
4.0
3.0
4.4
2.1
1.4
3.7
2.7
4.8
2.0
2.0
3.1
2.2
5.6
1.8
2.5
3.1
1.8
6.0
1.5
2.6
183
499
2.57
2.47
2.78
2.51
r 4 27
r 3 48
'3.22
r 5 10
5 10
r
5 45
5 49
'5.44 '5.48
'6 55 r 6 59
4.39 '4.42
3 21 r 3 26
'6.05 '6.11
'3 76 r 3 go
r 4 93 r 4 95
r
3 35 r 3 39
'4.15 '4 17
'4 03 ' 4 13
r 4 60
'6 01
r 7 30
'4 88
'6.04
'3 79
'4.17
r 4 10
A XO
4 25
4 65
4 22
3 53
00
/o
a5. 13
5 52
5.50
6 55
4.42
3 25
6.08
3 82
4 98
3 41
4 19
4 15
4 62
6 06
7 38
4 91
6.06
3 82
4.20
4 14
' 175. 1
' 107. 2
' 187 1
176.6
174 5
' 186. 4
' 170 5
' 163.0
' 177 5
176.8
107.5
188 6
178.9
176 3
186.3
171 9
164 3
179 5
8.58
11.29
8.59
11.37
162. 36
101. 16
163. 44 ' 165,43 ' 166.06
100. 67 ' 101,73 ' 101.65
167. 24
101. 70
139. 00 «146. 00
87.58 a 91.67
146. 91
91.53
147. 76 ' 149.31 ' 149.81 150. 73
91.01 ' 91. 82 ' 91. 70 91.66
159. 22
233. 78
259. 17
184. 00
199. 58
161.41
226. 55
123. 25
183. 84
104. 95
148. 06
133. 67
160. 38
247. 51
262. 73
185. 25
199. 87
164. 26
226. 00
124. 99
185. 96
106. 25
149. 19
134. 74
163. 71
250. 65
262. 07
188. 81
203. 49
168. 05
231. 45
127. 19
187. 98
109.22
151. 84
137. 08
164. 89
248. 72
270. 05
188. 55
202. 64
169. 60
235. 41
128. 69
188. 86
110. 89
150. 33
138. 23
r 166.90
' 248.64
' 274.81
r 191.35
' 205.88
r 172.22
r 241.40
r 130.10
' 190.79
r 111.89
r 151.06
' 138.23
' 168.43
' 255.85
' 277.13
' 196.58
r 212.22
' 175.52
' 243.79
' 128.06
' 191.07
'109.16
' 150.95
'139.18
168.33
258.00
279. 75
195. 91
211.85
174. 59
241. 38
127. 97
192. 23
109. 12
152. 52
139. 44
74
74
74
81
84
83
'83
83
2.7
1.2
4.5
.9
2.9
3.2
1.3
4.2
1.0
2.5
3.7
1.6
4.0
4.5
2.5
3.6
1.3
1.5
4.5
'5.1
31
2.1
3.9
2.0
3.9
1.3
1.8
4.6
3.0
4.3
2.1
1.4
3.3
1.5
5.9
1.3
3.1
3.3
1.6
5.3
1.2
3.0
3.4
1.5
3.9
1.7
3.5
1.8
3.5
1.8
1.3
2.1
4.2
2.4
4.0
1.5
1.5
4.0
2.4
3.6
1.5
3.7
2.3
3.5
1.4
1.7
350
520
300
530
370
570
2.47
2.42
2.70
2.49
2.42
2.39
2 63
2.46
5.698
WORK STOPPAGES
Industrial disputes:
Number of stoppages:
Beginning in month or year
number
514
513
5,353
6,074
353
In effect during month
do
910
742
911
Workers involved in stoppages:
Beginning in month or year
thous
2,251
251
187
146
2,778
In effect during month
do
269
353
395
Man-davs idle during month or vear
do...- 27. 948
2.854
47. 991
3.028
3.807
r
Revised.
r Preliminary.
J See corresponding note, p. S-14.
^ Production and
nonsupervisory workers.
® The indexes exclude effects of changes in the proportion of
workers in high-wage and low-wage industries, and the manufacturing index also excludes
effects of fluctuations in overtime premiums.
§ For line-haul roads only.
A Earnings
in 1967 dollars reflect changes in purchasing power since 1967 by dividing by Consumer
Price Index.
d* Wages as of Nov. 1, 1975: Common, $8.6C; skilled, $11.37.
' 4 41
' 4" 23
' 4 61
4 7
1.1
2.7
2
2
2
2
1. 1
4 1
4 5
39
8.57
11.24
29
25
39
31
2 6
4.4
15
2.0
4.6
'24
1.3
1.2
2.6
1.3
2.6
517
741
619
919
648
990
1 039
455
913
363
667
90
103
104
101
130
308
157
171
183
221
1.770
2.679
1.608
1.737
2.517
0 See "O" note, bottom of p. S-14,
1972-74 appear in the Sept. 1975 SURVEY
242
412
4.930
210
397
4.624
292
565
5.799
183
415
4.416
154
310
3.947
626
'1.5
See "O," bottom of p
Scattered revisions for earlier years are available.
comparable data prior to 1974 are available.
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
| 1974
Sept.
Annual
S-17
Oct.
1975
Nov.
Dec
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
UNEMPLOYMENT INSURANCE
Unemployment insurance programs:
Insured unemployment, all programs, average
weekly § 9
thous
State programs:
Initial claims
do
Insured unemployment avg weekly do
Percent of covered employment: A
Unadjusted
Seasonally adjusted
Beneficiaries average weekly
thous
Benefits paid §
mil $
1,783
2,568
2,081
2,246
2,825
3,910
5,213
5,751
5,886
5,647
5,202
4,892
4,990
4,590
H, 254
12,820
1,632
18, 880
2,260
1,171
1,783
1,608
1,947
2,017
2,499
3,192
3,550
3,616
4,752
2,455
5,108
2,158
5,091
2,041
4,775
1,749
4,281
1,832
3,878
3,871
3,436
?3, 077
2.7
3.5
2.7
3.4
1,455
381.0
3.0
3.7
1,520
442.0
3.8
4.2
1,814
485.0
7.2
5.4
7.8
4.9
5.5
6.0
3,735
2,593
4,342
745.9 1,128.2 1,164.2
6.4
7.7
7.2
6.4
7.0
6.8
4, 353 3,847
4,553
1,290.6 1, 294. 2 1, 148. 1
5.8
6.7
3,437
984.0
5.8
6.2
5.1
5.8
P4.6
*>5.8
Federal employees, insured unemployment,
average weekly
thous
Veterans' program (UCX):
Initial claims
do
Insured unemployment avg weekly do
Beneficiaries average weekly
do
Benefits paid
mil $
Railroad program:
Applications
thous
Insured unemployment avg weekly do
Benefits paid
^
mil. $
38
40
38
38
42
43
46
47
47
43
40
40
43
43
M4
360
62
60
209 4
377
71
65
249.2
33
65
63
18 5
36
67
63
20.3
33
75
70
20.7
39
85
82
25.3
36
93
98
30.9
30
95
100
28.1
29
96
102
30.1
30
94
101
31.2
28
92
95
30.1
34
91
95
29.0
98
102
105
93
12
30 6
69
10
22.2
7
9
1.5
4
8
1.6
5
13
1.6
10
15
2.8
15
25
3.8
16
28
4.9
9
27
5.1
6
27
5.5
4
20
4.2
18
18
3.9
28
23
3.9
13
24
4.9
15
35
16.1
18, 730
50, 745
36, 481
5,342
31, 139
14, 264
18,727
51, 552
37,534
5,461
32, 073
14, 018
18, 108
51, 238
38, 631
5,889
32, 742
12, 607
17, 740
48, 851
36, 806
5,604
31,202
12, 045
16, 930
49, 298
37, 226
6,018
31, 208
12, 072
1,874
1 371
4 007 6 5, 974. 9
FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers 'acceptances
..
mil. $
Commercial and financial co paper total
do
Financial companies
do
Dealer placed
do
Directly placed
do
Nonfinancial companies
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total, end of period
mil. $
Farm mortgage loans:
Federal land banks
._ ... _
do
Loans to cooperatives
do
Other loans and discounts
__
do
Dank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted:
Total (233 S MSA's) O
bil. $
New York SMSA
do
Total 232 SMSA's (except N.Y.)
do
6 other leading S M S A 's 1
do
226 other SMSA's
do
Federal Reserve banks, condition, end of period:
Assets, total 9
mil. $
8,892
41, 073
32, 691
5,487
27,204
8,382
18, 484
49, 070
36, 376
4,611
31,765
12, 694
16, 035
49, 087
36, 428
5,333
31, 095
12, 659
16,882
51, 754
37, 751
5,242
32, 509
14,003
17, 553
51, 883
37,351
4,860
32, 491
14, 532
18, 484
49, 070
36, 376
4,611
31, 765
12, 694
18,602
51,528
36, 880
5.029
31, 851
14,648
18, 579
52,325
37, 593
5,167
32, 426
14,732
21, 840
27, 152 '26,172
26, 796
26, 897
27, 152
27, 964
28,304
28, 808
29, 214
29, 575
29, 951
30,421
30,837
31,072
11,071
2,577
8,193
13,643
3,575
9,933
13, 185
3.092
'9,895
13, 418
3, 598
9,779
13, 643
3,573
9,681
13,643
3,575
9,933
14, 086
3,910
9,968
14.326
3,821
10, 157
14,641
3,741
10,426
14, 917
3.650
10,646
15, 180
3,499
10, 895
15, 437
3,371
11, 143
15, 654
3, 520
11, 247
15, 851
3,738
11, 248
16, 044
3,847
11, 181
22,017.5 22.348.8 22,918.7
9, 970. 8 10, 271. 1 10,538.9
12, 046. 7 12. 077. 6 12,379.8
5, 092. 1 5, 084. 7 5, 160. 2
6, 954. 7 6, 993. 0 7, 219. 6
22, 192.4 21,856.3 22,952.7 22, 182. 9 22,707.5 22,739.7 22,504.2 22,830.2 '23,268.6 23, 228. 2
9,931.8 10, 157. 8 10,918.0 10, 241. 1 10, 810. 3 10,826.1 10,612.2 10, 709. 5 10,628.8 10,585.0
12,260.6 11,698.4 12,034.7 11,941.8 11,897.2 11,913.6 11,892.0 12,120.7 12,639.7 12,643.2
5,152.7 4, 868. 4 4,992.8 4, 899. 9 4, 770. 6 4,852.6 4, 755. 2 4,841.1 '5,125.1 5, 196. 7
7, 107.9 6, 830. 1 7, 041. 9 7, 041. 9 7,126.7 7,061.0 7, 136. 9 7,279.5 '7,514.6 7,446.5
113,672 ••120,344 "120,056
106, 464
113,611
111,208 110,632 113,134 113,611 112,562 112,633
84, 680
1,258
78, 516
11, 460
89, 013
299
80, 501
' 11, 652
89,930
2,920
81, 035
11,460
90,110
1, 225
80, 998
11,460
89, 013
299
80, 501
11, 652
88,669
103
81,344
11,635
do
106, 464
113, 611
111,208 110,632 113,134
113,611
112,562 112, 633
111,291 122,628 116,755 115,687 112, 587
113,672 '120,344 P120, 056
do
do
.do
31,486
27, 060
65, 470
30, 649
25, 843
72, 259
33,616
29,266
67,775
31,916
29,895
68, 520
32, 780
29, 860
70, 137
30,649
25, 843
72,259
33,631
28,839
69,945
32,838
28,644
70, 679
32,525
27,139
70,871
41, 234
32, 028
71, 167
35,002
26,445
72, 280
32,823
25, 976
73, 626
29, 470
25, 740
74, 207
29, 951 ' 34,928
26, 484 ' 25,913
74, 653 74, 599
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total..
mil $
i 35, 068 i 36, 941
Required
_
.
do
134,806 i 36, 602
Excess
.
do
1262
*339
1
Borrowings from Federal Reserve banks. ..do
1, 298 1 !703
Free reserves
do
1-1,069
-333
37,076
36,885
191
3, 287
-2,957
36, 796 36,837
36, 705 36, 579
91
258
1,285
1,793
-960
-1,585
36, 941
36, 602
339
703
-333
37,492
37,556
-64
390
-441
35,565
35,333
232
147
96
34,779
34, 513
266
106
153
35, 134
35, 014
120
110
17
34,492
34,493
-1
60
-52
34, 976
34, 428
548
271
278
34, 655
34, 687
-32
261
276
34,482 ' 34,646 ^34,583
34,265 ' 34,447 *34, 414
217
P169
'199
211
P 192
'396
44 '-136
j>42
Reserve bank credit outstanding, total 9 ..do
Time loans
do
U.S. Government securities...
do
Gold certificate account
do
Liabilities, total 9
Deposits, total.
Member-bank reserve balances
Federal Reserve notes in circulation
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:
Deposits:
Demand, adjustedo*
mil. $
87,037
1,122
79,351
11, 460
88,856
77
81, 086
11, 621
111,291 122,628 116,755 115,687 112,587
89,465
60
81, 418
11, 620
98,583
1,539
87, 846
11,620
93,780
24
85, 622
11, 620
92, 929
561
84, 749
11,620
89, 562
177
81, 883
11, 620
90, 516 ' 95,208
231
283
82, 546 86, 998
11,598 11, 599
95,885
73
87, 184
11,599
35, 762
26, 352
74, 891
112,534
109,981 101,460 101,052 100, 674 109,981 101,930 101, 220 104,863 102, 619
101,759 107,114 103,863 '102,593 104,071 104, 146
Demand, total 9 __.
..
Individuals, partnerships, and corp
State and local governments
U.S. Government
..
Domestic commercial banks
do
do
do
do
do
184,565
128,210
7,352
7,161
25, 286
185,215 160, 987 159, 896 165, 295 185,215 152,838 153, 243 162,031 164, 368
129,449 115, 075 115, 026 118, 647 129,449 110, 564 112, 434 117, 808 115, 788
5,999
7,039
6,046
6,418
6,106
6,043
6,714
6,164
7,039
1,471
2,007
1,852
1, 155
1,440
1,281
3,195
4,905
1,471
31,807 22, 460 23,832 24,901 31,807 20,630 20,674 22,434 23, 328
161,170 169,097 158, 966 '165,445 167, 744 159, 299
117,375 121,565 115, 875 '120,411 119, 800 116, 182
5,947 ' 6, 190
5,808
5,970
6,496
6,413
859 ' 1, 243
1,247
1,425
1,070
1,330
22, 513 24, 694 23, 360 ' 24,635 25, 790 22, 104
Time, total 9-..
Individuals, partnerships, and corp.:
Savings
_ _
Other time
_.
do
189,643
228,045 221,496 219,890 218, 965 228,045 226,719 224, 440 226, 136 223,520
225,929 223,211 222, 475 '222,765 225, 264 224, 960
do
do
57,087
95, 393
58, 485 57, 220 57, 408 57, 809 58,485 58,740 59, 694 62, 238
122,201 119,472 118,238 117,626 122,201 120, 966 118,810 119,469
do
.do
do
do
do
do
270,545
110,047
9,433
28, 052
55, 359
88,770
304,318 298,866 296,656 298,518 304,318 292,477 289, 393 288,473 285,524 283,098 284,614 280, 762 '279,313
131,875 128,827 128,328 129,798 131,875 126,850 125, 957 125, 960 125,349 122,801 122,326 120, 611 '118,946
6,819
6,842 ' 6, 530
7,408
7,713
7,415
6,816
6,350
6,097
5,597
7,335
7,713
7,326
33, 076 32, 286 31, 408 31,874 33,076 30, 757 30, 180 29, 904 29, 549 29, 409 29, 978 29, 157 '29,164
60, 442 59,840 60,056 60, 116 60,442 60,095 59, 739 59,474 59, 385 59, 273 59, 209 59, 059 ' 58,967
9C, 388 88,003 85,674 86,982 90,388 85,009 84, 298 86, 254 81,851 82, 124 83,864 80, 820 ' 82,680
Loans (adjusted), totaltf
Commercial and industrial
For purchasing or carrying securities.
To nonbank financial institutions
Real estate loans
Other loans... ,
Investments, total
U.S. Government securities, total
Notesand bonds
Other securities
do
do
do
do
86, 825 81, 921 82, 107 83,705
86,982
23, 931 19, 766 20, 522 21, 951
25,461
19, 412 18, 542 18, 348 19, 197
19, 932
62. 894 62. 155 61, 585 61.754
61.523
f
Revised.
v Preliminary.
1 Average for Dec.
§ Insured unemployment (all programs) data include claims filed under extended duration provisions of regular State laws;
amounts paid under these programs are excluded from State benefits paid data.
AInsured
unemployment as % of average covered employment in a 12-month period.
9 Includes
data not shown separately.
cfFor demand deposits, the term "adjusted" denotes demand
deposits other than domestic commercial bank and U.S. Government, less cash items in
86,825
23,931
19,412
62.894
88,743
27, 855
23,011
60. 888
62, 396 64, 644 65,483 65, 392 ' 65,246 65,590 65, 928
113,639 113,594 112,922 113,218 '114,625 116, 184 115, 442
281, 788 277, 957
119, 751 118, 190
6,605
7,040
29, 022 27, 312
59, 282 59, 502
84, 254 82, 267
92,200 92, 547 ' 94,303 95, 624 95, 413
32, 021 32, 160 ' 34,288 35,316 35, 010
24, 935 24, 764 ' 25,239 25, 243 25,088
60. 179 60. 387 ' 60.405 60.308 60, 405
process of collection; for loans, exclusive of loans to and Federal funds transactions with
domestic commercial banks and after deduction of valuation reserves (individual loan items
are shown gross; i.e., before deduction of valuation reserves).
OTotal SMSA's include
some cities and counties not designated as SMSA's.
11 Includes Boston,e Philadelphia,
Chicago, Detroit, San Francisco-Oakland, and Los Angeles-Long Beach.
Corrected.
84, 052
23, Oil
19,619
61,041
85, 200
24, 095
20,004
61. 105
88, 861
28, 524
23, 525
60. 337
89, 863
30,163
24,367
59, 700
SURVEY OF CURRENT BUSINESS
S-18
Unlera otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Sept.
Annual
November 1975
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
691.0
497.6
53.3
140.1
694.7
496.4
58.7
139.6
Apr.
May
June
July
Aug.
Sept.
Oct.
FINANCE—Continued
BANKING— Continued
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas adj.:f
Total loans and investments©
bil $
LoansO
- - ..do
U.S. Government securities
do
Other securities
.. do
Money and interest rates: 5
Bank rates on short-term business loans:
630.3
447.3
52.8
130.2
« 687. 0
6 498. 2
48.7
140.1
689.9
500.2
52.3
137.4
690.8
502.0
49.8
139.0
692.5
503.8
49.1
139.6
687.0
498.2
48.7
140.1
689.3
500.7
48.8
139.8
696.1
492.4
64.4
139.3
698.3
489.6
68.8
139.9
698.8
484.5
73.0
141.3
702.1
485.8
74.0
142.3
706.1
486.9
76.3
142.9
i 8 30
New York City
do
i 8.06
i g 05
11.28
11.12
11.83
11.64
11.35
12.22
9.94
9.61
10.31
8.16
7.88
8.37
8.22
8.00
8.43
7
th t
t
ft<;t OAntft
oR smith
soul west
ce lers<!
H
H
ao
i 3 29
1
8 34
i g 30
i g 26
11.27
11.01
11.07
11. 15
11.66
11.52
11.56
11.48
9.87
10.24
10.01
9.99
8.00
8.70
8.34
8.33
8.12
8.41
8.28
8.45
Discount rate (N.Y.F.R. Bank), end of year or
month _
percent
Federal Intermediate credit bank loans
do
Home mortgage rates (conventional 1st mortgages):
3
New home purchase (U.S. avg.)
percent-- i 7.95
t 3 8. 01
Existing home purchase (U.S. avg.)
do
715.0
494.1
75.1
145.8
6.00
7.75
8.00
8.00
8.00
7.75
7.25
6.75
6.25
6.25
6.00
6.00
6.00
6.00
6.00
8.82
9.02
9.18
9.22
9.29
9.26
9.14
8.84
8.48
8.25
7.92
7.71
7.62
7.59
»8.92
19.02
9.19
9.33
9.17
9.51
9.27
9.58
9.37
9.60
9.33
9.53
9.12
9.40
9.06
9.28
8.96
9.11
8.90
9.04
8.96
9.05
8.89
9.08
8.89
9.13
8.94
'9.13
»9.01
P9.18
7.50
i 7 ie
707.4
486.6
77.9
142.9
1
Open market rates, New York City:
Bankers' acceptances (prime, 90 days) ... do
Commercial paper (prime, 4-6 months).. do. ..
Finance Co. papor placed directly, 3-6 rno.do
Stock Exchange call loans, going rate
do
»8.08
»8. 15
»7.40
» 8. 25
29.89
29.84
28.60
2 10. 98
11.06
11.23
9.41
12.25
9.34
9.36
9.03
11.80
9.03
8.81
8.50
10.81
9.19
8.98
8.50
10.50
7.54
7.30
7.31
10.11
6.35
6.33
6.24
9.02
6.22
6.06
6.00
8.09
6.15
6.15
5.97
7.66
5.76
5.82
5.74
7.42
5.70
5.79
5.53
7.15
6.40
6.44
6.01
7.30
6.74
6.70
6.39
7.84
6.83
6.86
6.53
8.06
6.28
6.48
6.43
8.22
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent .
3-6 year issues
do
i 7. 041
»6.92
2 7. 873
27.81
8.363
8.38
7.244
7.98
7.585
7.65
7.179
7.22
6.493
7.29
5.583
6.85
5.544
7.00
5.694
7.76
5.315
7.49
5.193
7.26
6.164
7.72
6.463
8.12
6.383
8.22
6.081
7.80
CONSUMER CREDIT
(Short- and Intermediate-term)
mil (
180, 486
190, 121 187, 906 188, 023 188,084 190, 121 187,080 185,381 184, 253 184, 344 185, 010 186, 099 187, 211 188, 821 190, 069
do
147, 437
Automobile paper
Other consumer goods paper
Repair and modernization loans
Personal loans ._
do
do
do
do
51, 130
47, 530
7 352
41,425
156, 124 155, 139 155, 328 155, 166 156, 124 153,952 152, 712 151, 477 151, 271 151,610 152, 668 153, 930 155, 263 156,332
51,689 52, 848 52, 736 52,325 51, 689 50, 947 50,884 50, 452 50,360 50, 465 50,927 51, 556 52,011 52,308
52,009 49, 664 49, 986 50, 401 52,009 51, 142 50, 136 49, 391 49, 247 49, 329 49, 519 49, 637 50,061 50, 441
7,908
7,880
7,925
7,973 8,040
8,048 7,966
8,094
8,162
8,162
8, 252
8,136
8,287 8,260
44, 264 44, 375 44, 319 44, 180 44, 264 43, 815 43,726 43,709 43, 784 43, 908 44,249 44,697 45,097 45,447
By type of holder:
Financial institutions, total
Commercial banks
Finance companies
do
do
do
129 305
69 495
37, 243
do
do
19,609
2 958
do
do
18, 132
299
do
do
do
do
33, 049
13. 241
11,753
1,488
do
do
do
do
9,829
7,783
2,046
9,979
Installment credit extended and repaid:
Unadjusted:
Extended, total
Automobile paper
Other consumer goods paper
All other
do
do
do
do
165. 083
46, 453
66,859
51,771
166,478
42, 756
71,077
52, 645
13, 294
3,569
5,647
4,078
13, 837
3,544
6,013
4,280
12,431
2,903
5,763
3,765
14, 271
2,807
7,454
4,010
11,561
2,807
5. 196
3,538
11,031
3,281
4,339
3,411
12,411
3,515
5,144
3,752
13, 603
3,718
5,640
4,245
13, 799
3,797
5,824
4,178
14,682
4,225
5,953
4,504
15, 259
4,434
6,100
4,725
r
14,663
4,114
6, 029
4,520
14,791
4,096
6,308
4,387
Repaid, total
Automobile paper
Other consumer goods paper
Allother
do
do
do
do
144, 978
39, 452
59 409
46, 117
157,791
42, 197
66, 598
48, 996
12, 627
3,493
5, 305
3,829
13, 648
3,656
5,691
4,301
12,593
3,314
5,348
3,931
13,313
3,443
5,846
4,024
13,733
3,549
6,063
4,121
12,271
3,344
5,345
3,582
13,646
3,947
5,889
3,810
13, 809
3,810
5,784
4,215
13, 460
3,692
5,742
4,026
13, 624
3,763
5,763
4,098
13, 997
3,805
5,982
4,210
13,330
3,659
5,605
4,066
13, 722
3,799
5,928
3,995
Seasonally adjusted:
Extended, total
Automobile paper
Other consumer goods paper
Allother
do
do
do
do
14, 089
3,835
5, 935
4,319
13, 626
3,369
5,948
4,309
12,609
3,062
5,700
3,847
12, 702
3,205
5,798
3,699
12, 859
3,348
5,430
4,081
13, 465
3.856
5,561
4,048
12, 797
3,419
5.535
3,843
13, 181
3,454
5,584
4,143
13, 149
3,467
5,757
3,925
13, 959
3,752
5,976
4,231
14, 378
4,073
5,927
4,378
14 358
3 932
6 077
4 349
14, 973
4,173
6,342
4,458
Total outstanding, end of year or month
Installment credit, total
Credit unions.. ._ _
Miscellaneous lenders
Retail outlets, total
Automobile dealers
Noninstallment credit , total
Single-payment loans, total
Commercial banks.. .
Other financial institutions
Charge accounts, total
Retail outlets...
Credit cards
Service credit
136,651 137,461 137, 477 136,894 136. 651 135, 148 134, 558 133, 599 133,503 133, 758 134,781 136, 010 137, 133 loo fi/vs
72,510 73,455 73, 372 72, 896 72, 510 71,776 71, 151 70,183 70, 134 70, 130 70, 475 70, 996 71,445 71 751
38, 925 38, 921 38, 901 38, 803 38, 925 38, 340 38, 194 37, 910 37, 746 37,711 37,828 38, 177 38, 340 38 375
22, 116 21, 792 21,893 21, 975 22, 116 21, 966 22,089 22, 227 22, 415 22, 674 23,186 23, 507 24,043 24 510
3,279 3,208 3,243 3,292 3,330 3,305 3 370
3,100
3,293 3,311 3,220 3,100 3,066 3,124
19,473 17, 678 17, 851 18,272 19, 473 18, 804 18, 154 17,878 17, 768 17, 852 17,887 17, 920 18, 130 18 326
292
282
275
276
286
280
275
280
296
276
282
286
298
283
33,997 32, 767 32, 695 32, 918 33, 997 33, 128 32,669 32, 776 33, 073 33, 400 33,431 33, 281 33, 558 33 737
12,979 13, 131 13,003 12, 950 12, 979 12, 675 12, 560 12, 542 12, 526 12, 443 12,470 12,282 12, 362 12 444
11,500 11,641 11,515 14, 464 11,500 11,210 11, 078 11,018 11,021 10, 936 10, 954 10, 771 10,860 10 926
1,524
1,486
1,465
1,505
1,479
1,482
1,507
1,511
1,490
1,488
1,516
1,502
1,479
1 518
9,315
8,485
9,318
8,797
9,341
10,
134
8,542
9, 568
9,183
9,449
10, 134
9, 153
9,639
9,707
7,174
7,162
8,012
6,735
6,468 6,452
7,268
7,388 7,392
7,027
6,876
7,361
8,012
7,424
2,062
2,144
2,153 2,074
2,033
2,122
2,037
2,156
2.277
2,088 2,180 2,247
2,122
2,283
10, 884 10, 483 10,509 10,650 10, 884 11,138 11,567 11, 749 11,750 11,616 11,512 11,431 11, 557 11, 586
Repaid, total
do
13,412 13, 224 13.009
Automobile paper
do
3,604
3,470 3,423
Other consumer goods paper
do
5,700
5,499
5,561
Allother
do
4.255 4.025
4,108
'1 Revised.
* Preliminary.
Average for year.
» Daily average.
« Beginning Jan. 1973, data reflect changes in
sampling and weighting.
< Beginning June 30,1974, data revised to include one large mutual savings bank that merged with a nonmember commercial bank. Total loans and investments were increased by about $600 million of which $500 million were in loans and $100 million
in "other securities." « Beginning Aug. 28,1974, loans sold outright to banks' affiliates reflect
13 516 13, 260 13,228 13, 234 13 423 13, 274 13 537 13, 509 13 858 13 916
3,625
3,605 3,772
3,719
3,668 3.534
3,728 3,690 3 820 3 727
5,694
5,549
5,632 5,708
6,037
5,632
5,799 5,860
5,826 6 090
4.177
3,955
4.010
3,959
4.072
3.811
3.991 3,754
4.212 ' 4.099
a new definition of the group of affiliates included, and a somewhat different group of reporting
banks; total loans were $500 million less than they would have been on the old basis. O Adjusted to exclude interbank loans.
§ For bond yields, see p. S-21.
tBeginning Jan. 1959,
monthly data have been revised to reflect new seasonal factors and adjustment to bench
marks for the latest call date (June 30,1973). Revisions are in the Nov. 1973 Federal Reserve
Bulletin.
SURVEY OF CURRENT BUSINESS
November 1975
1973
Unless otherwise stated In footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1975
1974
1974
Sept.
Annual
S-19
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FINANCE—Continued
FEDERAL GOVERNMENT FINANCE
Budget receipts and outlays:
Receipts (net)
Outlays (net)
Budget surplus or deficit ( — )
i 232,225 i 264,932
mil. $
do... i 246,526 i 268,392
do
i —14 301 i -3,460
Budget financing, total
Borrowing from the public
Reduction in cash balances
do
do
do
Gross amount of debt outstanding
Held by the public
do
do
i 14,301
i 19. 275
-4,974
1
28, 377 19, 633 22, 292 24, 946 25, 020 19, 975 20, 134
24, 712 26, 460 24, 965 27,442 28, 934 26,200 27, 986
3,666 -6,827 -2, 673 -2, 496 -3,914 -6,225 -7,852
13,460 —3, 666
569
13,009
1451 -4, 235
Receipts and expenditures (national income and
product accounts basis), qtrly. totals seas. adj.
at annual rates:
Federal Government receipts, total
bil. $..
3,914
3,667
247
6,225
7,852 -1,850
4, 535 11, 249
7,485
1,690 -3, 397
9,335
31,817 20, 197 23, 584
30,296 31, 249 30, 634
1,521 -11,052 -7, 050
15,394 -1,521 11, 052
8,556
567
7,800
6,838 -2,088 3,252
7,050
7,189
-139
i1 468,426 1 486,247 493, 130 491, 646 496, 768 504, 031 505, 482 510, 747 520, 701 527, 744 539, 157 544,131 549, 157 558, 637
343 045 1 346,053 350, 549 351, 270 355, 770 360, 847 364, 514 369, 049 380, 298 387, 783 396,339 396, 906 404,707 411, 895
Budget receipts by source and outlays by agency:
Receipts (net), total
mil. $ i1 232,225 i 264,932 28, 377
103, 246 1 118,952 13, 947
Individual income taxes (net)
do
i 36, 153 i 38, 620
5,647
Corporation income taxes (net)
do
Social Insurance taxes and contributions
(net)
mil $ i 64,542 i 76, 780 6,120
i 28, 286 130,582
2,675
Other
do
Outlays, total 9
do
Agriculture Department
do
Defense Department military
do
Health, Education, and Welfare Department
mil $
Treasury Department
do
National Aeronautics and Space Adm
do
Veterans Administration
do
6,827 2,673 2,496
721 4,500
5,077
6,206 -1,827 -2, 581
31, 451 12,793
29, 601 28, 186
1,850 -15,394
19,633
10, 590
1,206
22, 292
10,832
797
24,946
10,799
6,268
25, 020
15, 487
1,188
19, 975
7,747
778
20, 134
4,134
6,579
5,142
2,696
7,748
2,916
5,441
2,438
5,674
2,672
8,979
2,471
6,870
2,552
8,126
2,168
10,588
2,661
6,431
2,685
r 6, 128
3,086
9,713
2,849
31, 451 12,793
16,065 -1,630
5,093
1,174
31, 817 20, 197
13,123
9,615
9,578
1,367
23, 584
10,403
620
i 246,526 268,392
110,028 19,767
i 73, 297 177,625
24, 712
616
6,745
26,460
763
7,246
24, 965
489
7,389
27, 442
905
7,258
28, 934
1,545
7,231
26,200
768
7,044
27,986
829
7,300
29, 601
1,029
6,989
28, 186
890
7,627
30,296
1,161
7,216
31, 249
1,038
7,103
30, 634
958
7,553
182,042 193,375
130,959 i 35, 993
13,311 13,252
111,968 113,337
8,845
2,907
267
1,145
9,040
4,177
281
1,217
9,132
2,852
297
1,338
9,437
2,678
288
1,633
9,789
3,244
298
1,397
9,217
2,739
283
1,581
9,728
2,921
315
1,402
10, 130
4,459
287
1,505
9,680
2,802
301
1,462
9,916
4, 576
185
1,407
10, 150
4,289
368
1,364
10, 152
2,885
310
1,449
258.5
291. 1
302.8
294.7
284.1
251.8
do
do
do
do
114.1
43.7
21.2
79.5
131.3
49.1
22.0
88.7
134 8
55 4
22 5
90.0
136.8
45.7
22 2
90.0
136 2
34 1
22 9
90.9
99.1
37.5
23.8
91.3
Federal Government expenditures, total. ..do
264.2
299.1
304.7
319.3
338.5
355.0
' 362. 7
106.6
74 4
116.9
78.7
117 2
78 4
124 5
84 0
126.5
84 7
128.4
84.8
••130 5
95 5
40 5
16 3
117.0
43.8
18.8
120 8
43 4
19 1
127 2
45. 5
19 7
138 5
50 2
19 7
149 9
52 2
21 1
r 151 1
5.3
2.1
27
2.3
3.5
3.5
do
.0
-.5
—1 5
.0
.0
.0
do
—5.6
-8.1
—1 9
-24.5
-54.4
-103.3
Institute of Life Insurance:
Assets total all U S life Insurance cos
Government securities
Corporate securities
Mortgage loans, total
Nonfarm
..
bil $
do
do
do
do
252 44
11.40
117. 72
81.37
75.35
263. 35
11.96
118. 57
86.23
79.91
258 12
11.76
116.88
e
84. 43
78.18
261.18
11.80
119.22
85.02
78.74
262.25
11.87
119.25
85.48
79.19
263.35
11.96
118.57
86.23
79.91
266 82
12.06
121. 99
86.53
80.23
269. 72
12.16
124. 16
86.93
80.55
272. 14
12.34
125. 51
87.19
80.77
273. 53
12.37
126.26
87.64
81.13
275 82
12.46
127. 85
87.88
81.34
278 34
12.56
129. 84
88.04
81.46
279 35
12.81
130. 30
88.16
81.57
280. 48
11.79
130. 66
88.33
81.71
281 85
13.15
131. 52
88.45
81.80
Real estate
Policy loans and premium notes
Cash
Other assets
do
do
do
do
7.69
20.20
2.07
11.99
8.33
22.86
2.00
13.39
8.10
22.18
1 50
13.26
8.14
22.47
1.44
13.09
8.21
22.68
1.38
13.39
8.33
22.86
2.00
13.39
8.31
23.06
1.59
13. 29
8.40
23.22
1.51
13.33
8.58
23. 39
1.69
13.44
8.78
23.46
1.48
13.53
8.84
23.57
1.50
13.71
8.99
23.68
1.49
13.75
9.06
23.79
1.40
13.83
9.11
23.92
1.46
13.99
9.01
24.05
1.49
13.98
234, 191
162 506
64,461
7,224
298, 203
182 287
108, 900
7,016
21 416
14 561
6 308
547
23,283
16, 294
6,370
619
22,842 2 35 571
15 109 16 953
7,170 2 18 111
563
507
19, 470
12 969
5 996
505
19, 710
13 292
5,852
566
23, 562
14 851
8 113
598
23, 113
15, 893
6,628
592
24,002
15 387
7,932
683
23, 485
15 623
7,250
612
21, 914
15, 349
5,979
586
23, 353
14, 920
7,815
618
23, 390
15 495
7 350
545
11.567
—1 538
145,965
356 150
11, 652
230
*>28, 480
396 679
11 567
25
25, 853
36 500
11, 567
17
14,759
35,839
11, 567
10
8,568
28, 542
11 652 11 635 11, 621
1
97
19
11 476 120 138 66. 157
17,
798
36 702 219 648
11 620
11, 620
0
67, 117
27, 714
11,620
0
20, 753
16, 562
11, 620
15
38, 627
18, 359
11,618
0
27, 117
18, 152
11, 599
0
54, 603
12,916
11 599
8
36 518
3 975
1 073.6
75.0
1 038 3
70 9
89 1
5.4
87 4
6.8
84 9
58
Personal tax and nontax receipts
Corporate profit tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance
Purchases of goods and services
National defense
do
do
Transfer payments
do
Grants-ln-aid to State and local govts
do
Net interest poid
do
Subsidies less current surplus of government
enterprises
bil $
Less* Wage accruals less disbursements
Surplus or deficit(— )
P 295. 7
' 131 5
p45 2
r 25 6
93.3
r 86 1
r 55 9
r 21 4
r
39
o
p
67 1
LIFE INSURANCE
Life Insurance Agency Management Association:
Insurance written (now paid-for insurance):
Value, estimated total
mil $
Ordinary (incl moss-marketed ord ) do
Group
do
Industrial.
do
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U S (ond of period) mil $
Net n» lease from earmarks
do
Exports
~
thous $"
Imports .
do
Product ion :1f
South Africa
Canada
*
mil $
do*
Silver:
Exports
.
thous $
1,570
5,268 8,177
27,637 81,651
Imports
do
268 644 501 521 31 260 37 861 43 846
4.694
4.830
Price at New York
dol. per fine oz
2.558
4.708 4.049
Production:
3,540 5,481
United States
__thous. fine oz... 43,566 52,583 4,096
' Revised.
» Preliminary.
i Data shown in 1973 and 1974 annual columns are for
fiscal years ending June 30 of the respective years; they include revisions not distributed
to months.
> Includes $907 mil. Vets group life ins.
9 Includes data for items not
o
73 9
58
77 7
55
76 4
5.6
78 5
54
80.6
5.9
79.4
6.6
81 9
5.1
82.8
6.1
82.8
84 4
7 676
42 601
4 391
4 654
22 058
4 192
9,965
26 122
4.370
23,644
36 172
4.332
11, 173
28, 586
4.209
11, 954
31, 440
4.538
5,029
28 368
4. 489
37,820
22, 148
4.704
9,465
25, 222
4.925
4,975
27, 980
4.516
4.329
3,832
3,132
2,523 2,132 1,926
5,600 3,135 3,834
2,912
3,010
3,193
shown separately.
§ Or increase in earmarked gold (—).
HValued at $38 per fine ounce
from Jan. 1972-Sept. 1973, at $42.22 thereafter.
° Corrected.
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
| 1974
Sept.
Annual
November 1975
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June-
July
78.4
79.8
81.2
81.5
287.3
283.7
Aug.
Sept.
Oct.
FINANCE—Continued
MONETARY STATISTICS— Continued
Currency In circulation (end of period)
bil. $.
Money supply and related data (avg. of daily flg.) :©
Unadjusted for seasonal variation:
Total money supply
bil. $
Currency outside banks
do
Demand deposits
do
Time deposits adjusted^. __
do
U.S. Government demand deposits^
do —
Adjusted for seasonal variation:
Total money supply
72.5
79.7
74.9
75.9
77.8
79.7
76.3
76.8
78.1
263.8
59.3
204.4
345.3
7.1
278.7
64.9
213.8
397.0
5.6
278.9
281.2
66.4
214.7
413.3
3.7
285.1
67.9
217.3
411.7
3.4
292.3
288.6
279.4
282.2
223.3
220.9
424.0
67.8
211.6
426.5
68.8
213.4
283.6
284.4
407.5
281.6
66.5
215.2
412.1
127.0
316.8
84.1
127.3
67.5
280.7
do
Demand deposits
Time deposits adjusted^
65.8
213.1
410.1
5.5
65.9
214.8
do
do
Turnover of demand deposits except interbank and
U.S. Qovt., annual rates, seas, adjusted:
Total (233 SM S A 's) O _ .ratio of debits to deposits. .
New York SMSA
do. .
Total 232 SMSA's (except N.Y.)
do
6 other leading SMSA'scf
do
226 other SMSA's
do
67.4
216.2
413.6
131.8
69.0
416.8
4.9
67.9
216.5
419.4
128.0
312.8
86.6
131.8
69.3
67.8
4.0
3.3
3.8
69.1
218.2
431.8
4.0
281.6
68.2
213.4
282.4
285.0
285.8
68.7
213.7
426.0
428.8
127.3
321.8
343.2
125.9
67.3
85.8
127.4
69.6
430.5
69.4
215.6
429.9
125.1
69.5
216.3
431.5
70.0
213.7
434.5
288.5
4.1
70.2
218.3
432.9
129.2
291.1 '293.1
71.2
71.9
221.1
219.9
436.7
4.1
293.0
71.1
221.9
437.1
102.6
297.5
70.4
108.8
55.8
120.1
290.9
81.9
123.6
65.8
125. 1
310.5
83.8
127.5
66.9
248,259
2 3, 723
2831
58, 747
4,601
780
15, 527
1,313
162
13.433
2 1, 427
2 5, 670
2,287
7,175
659
1,891
2 s 7, 759
2 1, 266
21,343
2 1, 695
14, 483
1,204
2,035
3,149
4,087
2 2, 207
2,837
782
604
490
694
2 4, 936
23,883
5,648
2,940
1,345
685
1,330
562
1,417
537
1,641
637
2933
2 4, 122
2 7, 079
1,127
1, 955
8,524
265
195
2,170
217
556
1,781
'18
—96
1,168
374
565
1,858
2 17, 734
19, 467
4,792
5,282
4,904
5,114
32,960
324.6
87.5
131.5
70.6
••83.5
133.4
320.4
82.2
118.2
67.8
127.8
330.3
82.1
115.5
68.8
333.9
83.0
121.3
68.2
124.6
328.6
80.2
115.3
66.7
438.3
3.3
293.5
71.3
222.1
439.1
126.4
331.0
81.7
116.4
68.2
81.9
81.7
290.9 ' 292. 8 f 293.5
72.2
218.7
440.2
2.6
71.9
' 220. 9
442.6
3.8
72.5
221.0
446.7
3.3
294.2 ' 294. 7 p 294.0
71.9
72.0
222.3 ' 222. 7
437.4 440.7
130.4
' 335. 0
86.2
124.4
'71.2
72.6
221.4
445.8
129.0
330.7
85.4
124.8
70.0
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed Trade Comm.):
TP
T
H
HI
<1 1H A /I
rl
ill rnH t<*
t
irj
eo
u
» •*
5n
Lumber and wood products (except furniture)
mil. $.
ao —
r^ape n a a ea pr au c _ _ _ _
e.c ay.a o g ass proaucib
PH
a v Iron n.nH <?t
1
ao —
Hr»
Fabricated metal products (except ordnance,
Elec. machinery , equip , and supplies
do
Transportation equipment (except motor
» * • * » , '1 1
A
1*
"i.
J
""
9,285
920
-66
12, 455
1,315
42
511
1,513
374
1, 487
429
1,721
3,714
186
290
815
1,859
-11
265
732
2,197
274
204
504
1,271
82
437
535
1,000
SECURITIES ISSUED
Securities and Exchange Commission:
By type of security:
Common stock
Preferred stock
By type of issuer:
Corporate total Q
Manufacturing
Extract ive (mining)
Public utility
Transportation
Communication
q/ .
\ '
? . — . ----
State and municipal Issues (Bond Buyer):
Long-term
_
Short-term
40,009
1,767
4,713
3,932
3,483
5,523
4,957
5,497
4,477
5,979 ' 5, 755 4,446
20, 853 ' 31, 532
1,204
3,778
3,346 '3,033
4,729
3,853
4,432
3,153
4,182
' 4, 376
3,376
do
do
7,648
3,375
4,017
2,254
287
126
635
196
300
93
301
152
354
235
449
173
644
253
899
347
984
346
775
230
459
196
mil $
do
do
do
31, 871
4,837
1,061
10, 271
37, 842
10, 026
980
12, 831
1,617
189
39
679
4,538
3,734
3,409
5,322
2,479
4,417
1,722
209
1,408
5,512
2,479
72
1,507
'5,380
2,303
132
1,479
4,031
1,090
302
1,019
do
do
1,066
4,902
8,096
1,014
3,934
6,850
55
342
263
'186
362
'643
254
263
1,044
22, 953
24, 667
22, 824
29,041
3,526
i 6, 382
15,251
i 1,131
- u
do
do
2,086
1,633
23
624
5,214
1,848
188
1,269
4,474
1,683
40
962
301
471
866
336
87
433
14
175
838
23
932
914
23
124
571
38
317
637
59
563
163
281
413
409
2,319
2,245
2,540
2,159
2,038
2,832
2,263
3,094
3,801
2,099
3,001
3,434
2,266
2,329
2,270
2,532
2,536
••4,906 ' 5, 167 ' 5, 066 •• 5, 074 rr 4, 906
' 4,050 ' 4, 243 ' 4, 150 ' 4, 183 4, 050
r 5, 014
r 4, 166
5,407
4,583
5,746
4,927
5,160
5,466
519
1,790
557
1,710
693
15
1,675
59
1,957
159
1,548
67 184
19 057
22,760
1,626
2,365
1,407
1,691
2,692 ' 2, 112
1,377
' 2, 427
2,246
2,547
SECURITY MARKETS
Stock Market Customer Financing
Margin credit at brokers and banks, end of month,
total
mil $
At brokers
do
At banks
do
856
848
•• 5, 169
' 4, 339
830
5,244
4,400
891
410
411
437
431
1454
1,424
1,354
1,447
1,419
U.700
Cash accounts
do
2
' Revised.
» Preliminary.
» End of year.
Beginning fourth quarter 1973, because of changes in method of consolidation 7to minimize the effect of foreign operations of
multinational enterprises), data are not comparable with those for earlier periods. The effect
of the change can be assessed by comparing the data as originally
published for the fourth
3
quarter 1973 (June 1974 Survey) with the revised data.
Prior to fourth quarter 1973,
for petroleum refining only; data are not comparable with those for earlier periods.
* Beginning Jan. 1974, does not include noncorporate bonds and notes formerly included.
©Effective February 1974 SUVREY, data revised to reflect: Annual review of seasonal
411
1,424
410
1,446
478
1,604
515
1,760
Free credit balances at brokers:
856
924
916
844
824
505
1,790
819
520
1,705
factors; regular benchmark adjustment; effect of changes in check collection procedures
(Regulation J); and adjustments to include new figures from internationally oriented banking institutions. Monthly revisions back to 1971 are in the Feb. 1974 Federal Reserve Bulletin.
1|At all commercial banks.
©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.
$ Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-21
Sept.
1975
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds
Prices:
Standard <t Poor's Corporation:
High Grade corporate:
Compositecf
- _
dol per $100 bond
Domestic municipal (15 bonds)
...do
63.6
85.4
58.8
76.1
56 2
71.0
55 8
72.6
56 3
72.6
56 1
68.6
56 4
70.9
56 6
74.1
56 2
70.9
55 8
69.4
56 6
69.6
56 7
69.8
56 6
68.5
55 6
68.3
55 8
66.0
56 0
66.0
62.80
57.47
55.13
55.69
57.80
58.96
59.70
60.27
59.33
57.05
57.40
58.33
58.09
56.84
55.23
55.23
8,294.99 6,456.77
9 420. 76 8,120.18
444. 80
646 77
670 29
878 54
601 54
742 60
524 28
712 46
755 15 841 10 728 19
932 49 1 013 36 875 22
790 03
891 57
753 75
892 55
810 14
919 28
808 39
938 49
634. 83
709 89
7, 865. 38 6, 193. 81
8, 736. 82 7, 740. 56
428. 39
620. 47
651 20
845 57
584 71
715 25
510 59
687 44
731 01
892 61
813 00
967 30
706 78
840 85
768 79
858 08
728 55
855 32
783 46
883 08
784 10
904 23
621. 81
690. 36
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $ 4 424.67 4, 052. 12
316 34
416 54
369 31
389 16
490 14
482 88
454 22
473 81
449 34
487 41
478 39
343 37
340 74
416 62
9.67
9.80
9.60
9.56
9.55
9.33
9.28
9.49
9.55
9.45
9.43
9.51
9.55
9.51
U.S. Treasury bonds, taxable^
do
Sales:
Total, excl. U.S. Government bonds (SEC):
All registered exchanges:
Market value
..mil. $
Face value
- _
do
New York Stock Exchange:
Market value
Face value
do _
do
Yields:
Domestic corporate (Moody's)
By rating:
Aaa _
Aa
__
A.
..
Baa
percent..
7.80
8.98
7
7
7
8
44
66
84
24
8.57
8.67
9.16
9 50
9
9
9
10
do
do
do
7 go
7 83
8 12
8.78
9.27
8.98
9 44
10 11
9 46
9 53
10 31
9 64
do
do
5 22
5.18
6.26
6.09
6 68
6.65
__-do
6.30
6.98
9.58
10.46
5.01
4.03
7.53
12.13
do
do
do
do
24
35
90
12
0
9
10
10
27
40
10
41
8
9
9
10
89
13
87
50
8
8
9
10
62
81
47
43
8
8
9
10
67
80
33
29
8
8
9
10
77
94
67
40
8
8
9
10
84
94
63
33
8
9
9
10
95
03
70
35
Q Qr
8
9
9
10
86
06
74
37
89
03
75
fjf*
8 83
8 99
9 75
in fi9
9 27
10 12
9 58
9 23
10 02
9 CQ
9 10
10 10
9 CO
9 01
q gg
9 32
6 65
6.46
6 71
6.47
7 08
6.93
6 54
6.66
7.30
7.22
6.93
6.78
6.68
10.63
11.82
4.83
4.27
8.09
13.25
10.93
12 15
4.82
4.40
8 13
13 22
11.01
12 27
4 83
4 47
8 13
13 50
10.72
11 82
4 83
4.47
8 14
13 51
285. 44
356. 26
71.21
79.72
220. 35
270. 42
48.26
173. 29
210 45
39.01
62.50
200. 62
243 12
42.91
76.17
188. 45
226 96
41.67
74.09
185. 68
222 71
41.17
73.78
3.36
2.94
7.04
4.82
4.37
10.01
3.05
3.45
4.01
5.14
6.31
5 77
12.36
7. 04
5 47
7.35
5.49
5 05
11.26
5.87
4 39
5.63
5.69
5 21
11.59
6.03
4 46
5.47
5.78
5 32
11.73
6.21
4 86
5.32
26.00
7.55
7.60
27.69
7.63
9.81
27.98
7.53
10. 81
7.23
8.24
8.93
8.78
8.60
8.78
8.33
8.07
8.04
8.27
8.51
8.34
8.24
8.41
8.56
8.58
286. 73
923. 88
103. 39
180. 55
237. 33
759. 37
75.84
164. 05
199. 29
651. 28
60.80
134.60
202. 89
638. 62
66.58
143. 43
206. 86
642. 10
68.54
149. 92
194. 39
596. 50
67.05
141. 10
215.31
659. 09
77.46
153. 06
231.85
724. 89
81.02
159. 91
240. 18
765. 06
78.90
162. 28
244. 32
790. 93
75.77
166. 35
254. 71
836. 55
77.29
169. 69
259 00
845. 70
83.87
168 40
260. 30
856. 28
82.68
167. 98
246. 22
815. 51
77.92
156. 32
246. 02
818. 28
77.32
155. 11
253 38
831. 26
80.99
164. 17
107. 43
82.84
68.12
69.44
71.74
67.07
72.56
80.10
83.78
84.72
90.10
92.40
92.49
85.71
84.67
88.57
.-do....
do
do_.
do____
do
120.44
118. 57
107. 14
53.47
38.01
92.91
92.84
78.08
38.91
37.29
76.54
76.03
03.51
30. 93
31.55
77.57
77.49
62.79
33.80
33.70
80.17
79.35
65.84
34.45
35.95
74.80
74.06
62.51
32.85
34.81
80.50
77.10
67.91
38.19
37.31
89.29
88.50
75.06
40.37
37.80
93.90
92.78
80.42
39.55
38.35
95.27
96.76
80.75
38.19
38.55
101.56
101. 96
85.15
39.69
38.90
103. 68
101. 15
85. 98
43.67
38.94
103. 84
101.15
86.58
43.67
38.04
96.21
93.05
78.29
40.61
35.13
94.96
93.61
77.25
40.53
34.93
99.29
95.77
83.07
42. 59
36.92
Banks:
New York City (9 stocks)
do
Outside New York City (16 stocks)... _ d o _ _ _ _
64.44
104. 34
54.16
83.89
42.00
58. 99
44.15
65.48
47.51
70.52
44.43
65.05
50.58
73. 52
53.46
76.33
52.58
76.76
54. 75
79.64
57.17
83.76
57.77
87.19
58.13
90.44
51.33
83.01
46.72
78.64
44.84
79.21
By group:
Industrials
Public utilities
Railroads
_
_
Domestic municipal:
Bond Buyer (20 bonds'*
Standard & Poor's Corp. (15 bonds)
U.S. Treasury bonds, taxable©
8
9
9
in
8
q
9
in
95
02
63
34.
8 90
9 04
9 7Q
in 4.fi
9 05
9 67
9 25
9 30
9 88
9 OQ
9 07
9 93
9 4.Q
9 29
9 81
9 40
9 26
9 81
9 37
9 29
9 93
9 41
6 55
6.30
6 93
6.61
6 95
6.83
7 09
6.81
6 96
6.76
7 09
6.94
6.61
6.73
7.03
6.99
6.86
10 49
9 10
9 74.
in QQ
or
9
9
QO
9 32
q 94
9 40
a
Af)
7 ig
7.02
7
fi7
7.23
7 36
7.22
6.89
7.06
7.29
7.29
10.47
11 51
4 97
4 14
8 50
13 56
10.47
11 49
4 97
4 14
8 50
13 56
(i\
234. 44
291 42
51.58
76.11
230. 57
288 52
51.33
74.34
(i)
4.47
3 QC
9.64
5.44
4 06
4 63
4.47
3 98
9.68
5.57
4 36
4.83
(i)
Stocks
Dividend rntes, prices, yields, and earnings, common stocks (Moody's):
Dividends per share, annual rate, composite
dollars
Industrials
do
Public utilities
do
Railroads
...do
N.Y. banks
._
do
Property and casualty insurance cos .. do
Price per share, end of mo., composite
_do
Industrials
. do
Public utilities
do
Yields, composite
Industrials
Public utilities
_
percent..
- _ _ _ _ . do
do..
N.Y. banks
Property and casualty insurance cos
do
. ..do
Earnings por share (indust., qtrly. at ann. rate;
pub. utll. and RR., for 12 mo. ending each qtr.):
Industrials
dollars
Public utilities
do
Railroads
do
Dividend yields, preferred stocks, 10 high-grade
(Standard & Poor's Corp.)
percent-Prices:
Dow- Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks).
_
Standard & Poor's Corporation:^
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43=10.Industrial, total (425 stocks) 9
Capital goods (110 stocks)..
Consumers' goods (184 stocks)
Public utility (60 stocks)
Railroad (15 stocks)
74
84
83
58
30
51
52
47
96
58
30
56
10.52
11 48
4 96
4.58
8 50
13 56
13 56
208. 42
250 16
49.60
79.95
220. 27
267 46
49.13
81.64
224. 15
275 47
47.80
79.22
234. 59
290 62
46.99
82.55
244. 75
304 66
49.62
80.80
251 22
5.19
4 77
10.00
5.73
3 95
5.32
4.78
4 29
10.10
5.61
4 15
5.20
4.69
4 17
10.38
5.78
4 34
5.03
4.47
3 no
10.56
5.55
3 99
4.94
4.26
3 72
10.00
5.52
3 96
4.35
4 18
10
11
4
4
8
13
82
93
96
58
30
51
10
11
4
4
8
13
10
11
4
4
49
43
96
58
Q
CA
10
11
4
4
8
13
42
34
96
46
50
56
18.81
7.70
8.80
28.31
7 70
9 81
66.22
77.71
60.47
Property-liability insurance (16 stocks)..do
119. 00
84.15
l
Revised.
v Preliminary.
« Estimate.
Series discontinued by Moody's.
cf Number of issues represents number currently used; the change in number does not
affect continuity of the series.
If Prices are derived from average yields on basis of an
r
10
11
4
4
8
13
n
4
co
QR
4 42
1 o c (*
on 9 an
55.06
82.96
9.01
5.33
3 67
4 20
(i)
22 91
7 80
« 7 45
81.68
84.98
84.76
96.72
85.19
81.06
86.29
95.98
79.71
94.63
assumed 3 percent 20-year bond.
O For bonds due or callable in 10 years or more.
9 Includes data not shown separately.
88.23
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
November 1975
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FIN ANCE—Con tin ued
SECURITY MARKETS— Continued
Stocks— Continued
Prices — C ontinued
New York Stock Exchange common stock indexes:
Composite
_
12/31/65=50..
Industrial
do
Transportation
_
do
Utility
-do
Finance
- - - ... do
57.42
63.08
37.74
37.69
70.12
Bales:
Total on all registered exchanges (SEC):
177,878
Market value
mil. $
5,723
Shares sold
millions..
On New York Stock Exchange:
Market value
mil. $- 146,451
4,337
Shares sold (cleared or settled)
millions
New York Stock Exchange:
Exclusive of odd-lot and stopped stock sales
4,053
(sales effected)
millions.
Bhares listed, N.Y. Stock Exchange, end of period:
Market value, all listed shares
bil. $..
Number of shares listed
...millions..
721.01
20, 967
43.84
48.08
31.89
29.79
49.67
35.69
39.29
25. 86
24.94
36.42
36.62
39.81
27.26
26.76
39.28
37.98
41.24
28.40
27.60
41. 89
35.41
38.32
26.02
26.18
39.27
38.56
41.29
28.12
29.55
44.85
42.48
46.00
30.21
31.31
47.59
44.35
48.63
31.62
31.04
47.83
44.91
49.74
31.70
30.01
47.35
47.76
53.22
32.28
31.02
50.06
49.22
54.61
32.38
32.79
52.20
118,252
4,839
7,981
388
10, 034
465
9,445
448
7,904
406
9,801
488
14, 148
609
13, 810
585
14, 498
563
15, 982
612
14, 797
590
99, 178
3,822
6,754
308
8,510
377
7,973
366
6,693
321
8,170
388
12, 185
501
11, 767
473
12, 423
461
13, 602
499
3,518
280
377
287
315
433
424
454
447
458
511. 06
21, 737
472. 62
21, 550
549. 68
21, 584
524. 52
21,605
511.06
21, 737
579. 31
21, 773
610.01
21,795
626. 61
21, 822
654. 66
21, 899
44.97
50.05
29.46
30.65
43.38
46.87
52.26
30.79
31.87
44.36
281
275
366
660. 95
22, 143
636. 87
22, 193
672. 11
22, 245
49.54
54.96
32.90
32.90
52.51
45. 71
50 71
30.08
31.02
46.55
16, 107
625
11, 155
405
12, 627
479
13,504
494
9,513
327
447
442
687. 94 723. 00
21,938 22, 016
678. 07
22,094
r
FOREIGN TRADE OF THE UNITED STATES
VALUE OF EXPORTS
Exports (mdse.), Incl. reexports, totald"
Excl Dept of Defense shipments
By geographic regions:
Africa
Asia
Australia and Oceania
Europe
Northern North America
Southern North America
mil. $.- 71,338.8 98,507.2 7,671.8 8,993.9 9,396.8 8,743.3 9,202.8 8, 545. 5 9, 466. 5 9,074.4 8, 952. 8 8,691.0 8, 265. 4 8, 480. 6 8, 424. 4
70, 823. 2 97,908.1 7,610.6 8,926.0 9,342.6 8,702.6 9, 123. 9 8, 499. 8 9, 437. 6 9, 012. 7 8,901.8 8, 630. 7 8, 236. 0 8, 470. 8 8, 398. 8
do
8 399 3 8, 672. 8 8,972.9 8,862.1 9,411.9 8,789.0 8,715.9 8, 569. 6 8, 145. 1 8, 691. 5 8, 884. 6 8, 996. 2 9,165.0
do
do
do
do
360.2 343.5
396.6
449.5 423.2
370.1
427.1 382.5
2, 305. 8 3, 659. 4
269.0
470.7
396.6 368.4
18,418.7 25, 784. 4 2, 131. 4 2. 172. 0 2,431.7 2, 292. 2 2, 596. 2 2, 182. 7 2, 378. 5 2, 260. 6 2, 317. 9 2, 435. 0 2, 300. 1 2, 388. 6
231.5
240.9
194.4
279. 0
175.6
172.7
1, 743. 9 2, 696. 8
211.3
197.9
227.5
163.2
182.9
191.6
23, 160. 6 30, 070. 1 2, 074. 6 2, 596. 3 2, 925. 6 2, 595. 0 3, 063. 6 2, 857. 1 3, C92. 5 2, 685. 7 2, 573. 7 2. 269. 7 2, 327. 1 2, 454. 7
do
do
15,118.0 19, 937. 7 1, 658. 9 2, 030. 8 1,849.6 1, 688. 7 1,586.8 1, 623. 6 1, 819. 2 1, 979. 5 1,968.0 1,891.7 1, 625. 0 1, 620. 2
707.4
742.8
5, 057. 4 7, 949. 0
633.5
679.1
680.4
725.5
720.7 665.0
713.7
647.8 768.9
671. 3
731.7
4, 857. 6 7, 857. 3
835.1
685.6
799.0
789.3 674.0
662 1 705.2
725.1
786.3 704.3 719.9
By leading countries:
Africa:
Republic of South Africa
Asia; Australia and Oceania:
Australia, including New Guinea.
India
Pakistan
Malaysia
Indonesia
Philippines
Japan
Europe:
France
East Germany
\Vest Germany
Italy
Union of Soviet Socialist Republics
United Kingdom
North and South America:
Canada
Latin American Republics total 9
Argentina
Bra/il
Chile
Colombia
M^exico
Venezuela
~
.
Exports of U S merchandise total cf
Excluding military grant-aid
Agricultural products, total
Nonagricultural products total
do
225. 4
746.3
455. 2
1, 159. 9
15.0
107.6
34.5
107.7
55.4
104.2
66.6
99.5
59.2
100.9
64.8
92.9
78.9
126.9
52.5
95.7
82.0
104.8
47.8
108.6
78.0
119.3
44.0
102.8
do
do
do
do
1,449.1
526. 7
238.9
157.4
2,172.5
759.8
397.6
377.2
187.9
74.1
24.8
39.0
228.2
99.4
44.6
35.8
184.3
77.2
18.9
30.1
173.3
96.6
25.2
29.3
128.4
143.8
50.5
28.4
137.0
91.7
25.9
26.7
143.6
81.0
16.6
25.5
143.6
86.9
49.9
29.1
175.4
97.5
29.5
27.0
156. 0
122.3
38.9
31.1
134.2
109.5
21.3
31.0
159.7
119.7
32.8
42.9
do
do
do
442.1
530. 5
495. 4
746.7
8, 313. 1 10, 678. 6
48.3
64.1
892.5
41.7
69.0
57.2
64.7
881.9 1,093.7
47.1
51.9
899.5
66.7
70.3
956.9
37.8
64.5
833.6
76.2
72.6
827.4
77.8
57.5
757.5
92.7
64.5
785.8
78.0
71.7
783.9
78.7
74.7
773.6
62.0
67.2
793.2
do
do
do
2, 262. 9 2, 941. 5
28.0
20.9
3, 755. 7 4, 985. 6
260.9
.3
329.3
245.5
3.7
435.8
270.3
1.7
507.7
263.8
.2
409.7
257.7
1.5
518.8
280.8
.3
411.7
315.8
.3
494.9
274.2
1.1
429.8
259.1
1.2
410.4
228.7
.7
347.7
223.3
3.3
355.9
213.4
.4
387.9
do
do
do
2,118.6
1, 194. 1
3, 563. 6
154.4
32.2
335.4
215.8
45.2
437.0
260.5
46.9
481.7
249.1
105.6
373.5
236.0
95.3
472.2
291.2
93.8
429.4
284.1
87.0
462.5
230.6
77.9
368.5
257.8
92.7
357.2
231 4
76.6
330.1
228.3
120.6
360.7
255.1
151.1
325.8
do
do
do
do
do
do
do
do
do
do
do
do
2, 751. 6
608.8
4, 573. 5
15, 104. 0 19, 932. 0 1, 658. 7 2, 030. 0 1, 849. 4 1, 688. 5 1, 585. 9 1, 623. 4 1, 819. 0 1, 979. 4 1, 964. 7 1, 889. 2 1, 624. 7 1, 620. 0
8,921.3 14, 503. 5 1, 205. 4 1,346.6 1,359.8 1,432.2 1,264.9 1,201.5 1, 382. 7 1, 382. 4 1,277.3 1,344.6 1, 266. 1 1, 285. 1
80.7
37.3
55.5
69.8
29.0
76.1
41.2
66.4
50.7
596.6
62.1
50.9
451. 3
75.3
255.3 269.3
1,916.2 3, 088. 8 262.5
249.1
234.5
265. 5
222.9
205.2
283.1
197.6
264.6
291.3
26.2
45.4
248.4
56.4
78.3
40.9
452.2
40 6
60.3
43.9
57.7
41.8
49.1
40.9
50.5
55.3
54.0
60.5
436.5
659.4
60.3
45.2
60.4
60.9
50.5
60 9
54.5
62.2
419.2
482.2
442.0
448.5 417.2
431.6
2, 937. 4 4, 855. 3
455.2
400.3 389.2
433.8 464.0
389.2
198.7
209.3
177.3
1, 032. 5 1,768.0
169.6
175.0
191.0
188.9
183.1
172.4
181.9
193.3
146.2
70, 246. 0
69, 730. 4
17, 680. 6
52, 565. 4
97,144.2
96.M5.0
21.996.1
75,147.4
7.567.4 8,847.6 9,277.8 8,632.8 9, 027. 5
7,506.2 8.779.8 9,223.6 8,502.1 8, 948. 7
1,379.9 1,711.9 2,352.5 2,119.5 2, 459. 1
6,188.6 7,135.9 6,926.0 6,513.5 6, 568. 4
8,414.6
8, 368. 9
1, 920. 3
6, 494. 3
9, 324. 1
9, 295. 2
1,911.1
7, 413. 1
8, 945. 9
8, 884. 1
1, 757. 6
7, 188. 2
8,837.3
8, 786. 3
1,496.4
7, 340. 9
8,551.1
8, 490. 8
1.389.7
7, 161. 4
8, 159. 0
8, 129. 6
1, 532. 4
6, 626. 6
8,387.0
8, 377. 1
1,600.7
6, 786. 2
By commodity groups and principal commodities:
Food and live animals 9
mil $ 11,930.2 13,985.9 1,002.6 1, 170. 6 1, 444. 1 1, 324. 8 1, 643. 7 1, 338. 2 1, 276. 6 1,219.6 1, 028. 4 1,060.3 1,114.7 1, 182. 6 1, 244. 3
444.2
49.7
380.7
47.0
33.0
39.3
27.2
41.7
39.9
31.3
28.9
32.6
34.9
43.3
Meats and preparations (incl. poultry).. do
876.7
8, 495. 8 10, 330. 9
824.2 1, 103. 9 1,041.1 1, 333. 9 1,047.5
738.4
711.0
743.8 809.0
884.2
976.6
Grains and cereal preparations
do
105.7
1, 008. 1 1,247.4
104.7
71.5
124.1
79.8
141.1
140.7
83.7
120.1
98.1
122.9
101.6
Beverages and tobacco
do
86.6
Crude materials, inedible, exc. fuels?
Soybeans ©xc canned or prepared
TVffttnl nr«Q r»nnr>An f ratAQ nnH «f»r«r»
r
do
do
(\r\
8, 380. 2 10,934.4
929.0 1,334.7
2, 762. 2 3, 537. 4
i nsn « i a?*; n
647.3
34.2
171.3
iifi a
787.3 1, 084. 7
34.7
80.3
257.4
504.8
11Q 1
193 5
Revised.
cfData may not equal the sum of the geographic regions, or commodity groups and principal
commodities, because of revisions to the totals not reflected in the component items; these
revisions will be shown later in biennial editions of BUSINESS STATISTICS. Also, beginning
1973, the totals reflect relatively small amounts of trade with unidentified countries, not shown
separately.
9 Includes data not shown separately.
693.5
775. 5
757.6
924.2 1, 026. 0 839.0 892.3 810.7
765.8 668 4
86.0
90.8
95.2
85.9
104.7
88.2
120.2
100.4
90.8
200.4
185.9
83.8
155.6
320.9
236.0
378.4
246.5 273. 7
112.6
130 9
107 d
113 ^
199 4.
149 .9
130 6
111.7
193 5
NOTE FOR PAGE S-25: "New series. Source: U.S. Dept. of Labor, BLS. The index
measures changes in prices of shipping goods by rail in the U.S. (shipments priced were
selected from ICC railroad waybill sample) and is not affected by changes in quantity, shipping terms, types of service, etc. Data back to 1969 (and detail for 11 commodity groups),
concepts, methods, uses, and limitations appear in MONTHLY LABOR REVIEW (BLS), June
1975.
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-23
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
406.2
310.1
83.3
310.3
220.0
74.8
404.1
288.9
98.1
328.4
Oct.
FOREIGN TRADE OF THE UNITED STATES—Continued
VALUE OF EXPORTS—Continued
Exports of U.S. merchandise — Continued
By commodity groups and principal commodities—Continued
Mineral fuels, lubricants, etc. 9
mil. $_. 1,670.5
Coal and related products
do
1,052.0
Petroleum and products..
do
518.0
3, 443. 9
2, 487. 2
791.7
332.8
257.6
60.1
450.3
364.3
72.5
464.4
385.1
66.1
251.9
169.6
67.4
357.1
265.2
72.4
337.4
256.5
67.2
399.6
295.6
73.9
391.4
298.7
68.4
436.5
339.2
84.7
Animal and vegetable oils, fats, waxes
do
684.0
1, 423. 3
86.9
112.2
118.5
166.3
140.9
104.5
120.8
73.7
88.9
57.9
66.3
43.9
43.5
Chemicals
do
5,749.4
8,819.2
724.9
727.5
729.3
774.0
820.0
669.9
786.8
737.2
707.3
718.7
704.6
711.1
682 2
do
do
do
_ . do
7,161.6
1,224. 8
1, 300. 8
950.3
11,165.8
1,795.4
2, 560. 3
1, 300. 4
885. 2 1, 017. 9
149.2
144.3
232.7
196.7
105.9
88.5
935.7
135.2
198.2
104.7
934.2
124.8
274.3
99.1
911.2
122.0
230.3
98.1
847.4
110.1
214.6
92.2
949.6
134.2
243.0
86.1
949.3
139.6
219.5
104.0
954.2
136.0
230.1
98.0
899.2
129.4
225.9
87.5
862.3
122.9
199.5
71.2
875.2
132.8
199.1
79.6
880.1
_.
_ .,
Manufactured goods 9 H
Textiles..
Iron and steel
Nonferrous base metals
Machinery
_ _ ._
and transport equipment, total
mil. $-. 27,869.2 38,188.6 3, 139. 5 3,768.4 3, 652. 4 3, 459. 9 3,312.5 3,536.6 4, 051. 8 3, 905. 1 3, 990. 3 3, 938. 0 3, 577. 9 3, 550. 7 3, 618. 9
Machinery, total9
Agricultural
Metalworking
Construction, excav. and mining
Electrical
Transport equipment, total..
Motor vehicles and parts
do
do
do
do
do
do
do
17.130.9 23, 687. 8 1,956.4 2, 272. 4 2, 238. 5 2,083.1 2, 228. 3 2, 113. 7 2, 452. 7 2, 494. 9 2, 479. 9 2, 423. 1 2, 287. 4 2, 304. 6
987.1 1, 398. 4
189.9
130.1
198.5
142.6
135.0
174.7
109.9
132.9
139.3
152.4
200.3
206.1
488.8
636.5
73.5
67.4
75.8
79 4
48.7
73. 6
60.6
73.3
59.8
78.2
85.4
74.8
2,094. 7 3, 112. 6
413.8
421.2 r
296.4
383.8
397.5
256.5
315.6
319.3
325.3
343.9
419.8
413.1
5, 032. 3 7, 019. 2
669.4
624.0
596. 6
635.4
623.8
599.2
558.1
597.7
615.7
650.0
648.8
640.8
567.9
10, 738. 3 14, 500. 7 1,183.0 1, 495. 9 1,413.9 1, 376. 8 1, 084. 2 1,422.9 1, 599. 1 1,410.2 1, 510. 4 1,514.9 1, 290. 5 1, 246. 1 1,416.0
6,030. 0 7, 878. 1
743.7
893.4
728.2
843.9
849.8
791.7
697.3
658.3
677.0
890.8
684.9
854.5
Miscellaneous manufactured articles
do
3, 950. 7
5, 349. 1
439.9
473.3
467.9
409.0
454.6
426.4
488.6
482.3
483.5
481.0
454.6
460.8
460.0
Commodities not classified
do
1,842.0
2, 586. 6
224.6
216.0
239.6
247.7
238.6
228.5
237.8
274.9
284.2
241.4
239.1
278.4
246.0
69,475.7 100,251.0
8,360.7
8,696.4
9,094.3
8,773.2
8,885.4
8,973.3
VALUE OF IMPORTS O
General imports, total d*
Seasonally adjusted.
do
do
By geographic regions:
Africa
Asia.
Australia and Oceania
Europe
.
9,139.2 9,822.5 7,162.7 7, 455. 9 8, 181. 1 7,358.0 7,271.3 7, 915. 4 7, 513. 6 8, 161. 6
9,256.8 9,622.4 7,872.0 7, 335. 6 8, 012. 8 7, 093. 4 6, 954. 2 7, 907. 5 7, 961. 0 8, 188. 6
do
do
do
do
2,582.9
18,156.9
1,561.5
19,812.3
582. 4
681.6
6, 617. 6
624.9
686.4
474.5
580.5
586.0
579.9
567.2
907.0
687.4
760.1
27,344.9 2, 531. 3 2, 585. 0 2,417.8 2, 544. 1 2, 808. 3 1, 995. 9 2, 010. 1 2, 156. 7 1, 860. 0 1, 870. 8 2, 176. 1 2, 223. 9
132.0
153.5
1C8.3
1, 503. 9
129.2
154.6
112.8
169.7
102.3
147.0
104.3
118.2
91.1
24,411.8 1,815.8 2, 172. 1 2, 124. 8 2, 108. 8 2, 340. 5 1,670.2 1, 949. 6 1, 721. 9 1, 627. 3 1, 708. 1 1, 782. 0 1, 558. 1
Northern North America
Southern North America
South America .. _
do
do
do
17.724.8
5.084.8
4,512.4
21,929.1
9, 433. 1
8, 962. 4
1,816.1
736.1
728. 5
2,106.9
733.4
754.5
1,993.6
784.6
804.9
1,977.9
782.3
913.1
1,793.3
926.6
898.9
1,605.8
679.3
539.1
By leading countries:
Africa:
Egypt
_
Republic of South Africa
do
do
25. 9
376.9
69.7
608.8
6.9
62.0
.7
62.4
4.9
57.9
2.6
64.0
.3
79.1
.5
50.1
.2
61.6
.4
86.7
.4
52.2
.7
77.1
2.8
91.0
2.3
46.9
do
do
do
do
do
do
do
1,092.4
437.0
39.5
439.6
505. 1
670.3
9,676. 2
1, 082. 7
559.5
60.7
769.7
1, 688. 1
1, 083. 9
12,337.6
73.5
59.7
7.0
86.7
138.6
81.0
1,127.6
127.5
51.1
5.8
78.4
119.5
102.3
1,181.5
134.6
39.3
3.4
71.3
145.8
82.7
1,124.2
108.1
37.8
3.4
79.1
171.6
113.8
1,198.8
103.0
43.7
5.9
101.2
228.4
44.1
1,190.9
87.3
33.6
3.2
50.7
133.5
72.7
916.3
77.0
28.5
2.5
59.0
93.2
84.3
1,006.4
92.0
31.2
4.4
51.7
214.4
92.1
929.1
70.3
30.7
3.3
55.0
148.7
47.9
808.3
123.4
37.1
3.5
56.5
133.4
33.1
858.1
89.3
42.3
3.8
59.4
224.8
35.7
952.6
108.3
36.6
3.3
44.0
232.1
50.2
915.5
do
do
do
do
do
do
1,731.8
10.5
5,344. 5
2,001.8
219. 9
3, 656. 5
2, 257. 4
14.1
6, 323. 9
2, 585. 0
349.7
4,061.3
183.1
.7
438.2
206.3
20.0
351.8
213.0
.7
542.7
194.8
22.2
355.0
214.4
.9
535.7
203.9
32.9
338.5
220.4
1.1
552.9
209.6
30.7
340.2
209.7
1.2
633.1
241.3
45.6
426.3
181.9
.9
416.9
174.3
19.4
314.3
191.9
.7
508. 5
242.7
14.3
323.2
175.7
.6
439.2
185.3
18.0
304.3
177.7
.8
403.2
162.3
16.5
290.0
176.1
.6
413.6
192.3
20.3
311.8
204.6
.7
430.0
190.3
18.7
311.4
163.9
9
408.8
214.3
14.1
271.4
do
17,715.3
21,924.4
1,816.1
2,106.6
1,993.4
1,977.8
1,793.3
1,605.8
do
do
do
7,827. 1
278. 3
1,189.2
10?. 2
408.6
2,305. 8
1,787.2
13,666.9
385.8
1,699.9
310.3
511.0
3, 390. 4
4, 671. 1
1,073.7
31.0
155. 3
24.9
35.5
265.0
361.8
1,117.1
29.9
134.6
20.0
30.4
284.0
419.6
1,191.2
36.1
160.1
19.9
34.2
305.5
421.0
1,315.3
47.5
262.7
13.7
31.3
294.3
446.1
1,213.1
17.9
144.3
11.1
59.3
203.6
552.1
876.9
14.1
110.4
7.8
43.6
221 2
263] 5
0, 380. 1
9, 837. 9
749.4
7,613.0
736.1
8,353.9
847.9
8,028.9
965. 9
8,166.4
826.1
8,996.4
717.0
6,445.7
9, 386. 2
316.6
1, 504. 8
1,352.6
2, 247. 4
647.8
8.3
66.2
88.8
212.0
656.6
12.4
56.2
81.5
201.1
789.2
19.0
83.9
92.6
287.2
888.3
32.3
115.1
99.7
336.7
713.8
32.8
138.5
114.6
123.8
626.8
29.8
123.0
82.9
134.2
___
Asia; Australia and Oceania:
Australia, including New Guinea
India..
. .
Pakistan
Malaysia
Indonesia
Philippines.
Japan
Europe:
France
East Germany
West Germany
Italy
Union of Soviet Socialist Republics
United Kingdom .
North and South America:
Canada
Latin American Republics, total 9
Argentina
Brazil
Colombia
do
Mexico
do""
Venezuela
_.
do
By commodity groups and principal commodities:
Agricultural products, total
mil $
8,491. 6
Nonagri cultural products, total
do
60,984.1
Food and live animals 9
Cocoa or cacao beans
Coffee
do
do
do
1,704.1 1, 916. 5 1, 828. 6 1,813.2 1, 756. 7 1, 597. 9
760.5
776.4
602.0
798. 9
715.2
778.6
558.7
472.7
601.2
506.9
547.2
727.8
1,703.4 1,915.4 1, 827. 3 1,812.8 1, 755. 8 1 597 6
872.4 1,114.7
9.7
12.6
108.4
110.4
10.9
16.4
32.8
50.3
245.7
253.6
251.8
443.6
979.0
10.4
96.1
10.3
40.4
274.2
304.5
964.1 1, 037. 6
10.7
14.4
119.7
117.5
11.9
9.0
61.4
46.4
251.1
268.9
307.8
204.0
925.6
12.4
121.0
7.8
55.0
243.5
259.3
687.4
763.0
786.3
787.3
701.9
857.7
6,669.5 7, 393. 8 6, 656. 1 6,413.7 7,152.4 6 826 2
do
8, 014. 5
212.0
1,570.1
1,671.2
924. 7
Beverages and tobacco ...
do
1 '-"20 9
1, 322. 3
111.7
113.3
102.7
107.2
112.3
106.4
143.7
119.1
116.9
129.6
103.4
95.8
106.9
Crude materials, inedible, exc. fuels 9
Metal ores
Paper base stocks..
Textile fibers
Rubber.
do
5, 013. 8
do
1,304.5
do"
678.7
do "
236. 6
do ~
345.4
6, 065. 6
1, 848. 1
1, 164. 9
225.2
515.6
508.0
155.6
97.3
16.4
47.9
514.3
182.2
120.3
17.0
24.4
475. 0
184.0
95.8
15.0
28.9
497.5
199.4
101.1
10.5
34.2
477.9
185.8
89.6
16.6
36.1
390.6
132.7
84.6
10.0
23.8
456.3
150.4
105.5
8.5
27.4
468.4
161.4
87.8
14.9
27.6
451.2
160.1
86.8
12.3
18.7
512.4
183.3
97.2
11.3
30.7
506.4
181.5
92.4
11.4
28.0
420. 9
155.4
75.8
12. 9
32.3
476.4
Mineral fuels, lubricants, etc
Petroleum and products
do
8, 173. 5
do...] 7, 614. 2
5, 453. 8 2,128. 9 2, 278. 1 2, 214. 7 2, 497. 6 3, 414. 9
4,269.5 2, 035. 1 2, 158. 2 2, 092. 8 2, 352. 6 3, 249. 6
, 937. 4
,772.4
, 477. 6
, 343. 3
, 438. 4
,310.4
, 937. 5
, 828. 0
, 428. 3 2, 132. 0 2, 240. 4
,316.1 ,021.8 2, 134. 3
, 446. 1
Animal and vegetable oils and fats
Chemicals
do
do
544.3
4, 017. 7
44.7
306.2
55.1
340.8
40.7
351.9
51.9
285.6
32.7
270.6
41.6
275.1
Manufactured goods 9 ^
Iron and steel.
Newsprint
Nonferrous metals..
do
do
do
do
Sugar
258.6
9 4(53 o
54.2
387.5
79.5
431.8
49.9
397.1
53.3
385.7
48.5
437.2
657.5
34.1
110.1
87.2
154.2
684.5
28.2
102.2
75.7
200.3
611.0
24.6
95.7
67.7
145.2
779.7
23.6
120.3
83.2
259.5
33.2
252. 9
3, 244. 1 17,718.7 1, 549. 8 1, 839. 9 1, 767. 7 , 728. 6 , 749. 5 , 259. 0 , 313. 3 , 243. 9 , 144. 7 ,231.4
3,017. 0 5, 148. 9
462.3
698.2
703.7
735.5
491.4
746.3
485.5
355.8
371.6
422.5
1,185.9 1, 503. 2
126.0
140.2
116.7
139.4
152.8
134.6
139.8
131.0
134.6
138.1
2,464. 9 3,921.0
360.0
367.9
343.8
309.3
194. 5
297.3
190.5
169.
4
231.0
195.7
1,579.7 1,614.7
137.2
144.4
147.8
114.7
119. 9
89.3
88.5
85.4
89.6
87.4
' Revised.
9 Includes data not shown separately.
c f See corr ispondin g note o n p. S-2
IM anufactu red gooc s — classi (led chie fly by m aterial.
data beginning 1974 are based on f.a.s. (free alongside s hip) valu 3 basis rat her than customs value ba<2.
>is as foranerly sho wn.
Textiles
:::::::::::::::::do::::
705.8
19.4
115.9
99.9
174.7
44.8
247.4
635.8
14.6
141.0
95.6
109. 1
896.9
, 136. 6 ,005.3 ,091.8
265. 7
321.8
106.0
131. 9
173. 2
162.0
94.2
89.9
QEffe ctive Ju le 1975 S U R V E Y
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1974
1974
1973
November 1975
Annual
Sept.
Oct.
1975
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FOREIGN TRADE OF THE UNITED STATES—Continued
V A L U E OF IMPORTSO— Continued
General imports— Continued
By commodity groups and principal commodities—Continued
Machinery and transport equipment
mil. $_. 21, 076. 1 24,060.3 1,934.9
992.6
9, 966. 1 11,612.0
Machinery total 9
-- do
26.0
299.7
188.9
Metalworking
do
473.6
4,498.6 5, 339. 1
Electrical
do
2,061.6
1,043.1
28.7
469.2
2,037.0 2,011.6 1,894.7 1, 688. 8 2, 138. 4 1, 899. 2 1, 934. 5 1, 961. 6 1, 964. 4 1,822.0
989.2
1,006.4
898.4 1, 029. 3
868.5
944.9
971.4 1, 012. 0
924 3
938.1
29.1
39.3
41.0
30.1
29.1
32.6
26.0
29.7
25.6
36.8
420.4
456. 4
376.4
284.4
424.7
411.0
432.0
353.0
357.0
407.9
do
do
11,109.9 12,450.7
9, 252. 3 10,263.9
947.7
750.8
1,018.5
823.1
1,029.4
851.8
1,022.5
824.9
1,026.2
770.2
790.4
619.1
1,109.0
922.0
961.1
788.7
989.6
851.3
Miscellaneous manufactured articles
do
8,217.4
9,426.2
836.3
904.0
824.0
751.8
755.6
621.9
687.8
703.8
Commodities not classified
do
1,794.0
2,255.7
201.5
215.3
228.2
217.7
218.0
181.0
185.4
231.2
137.4
165. 6
227.5
174.5
180.5
315.0
184.2
159. 6
294.0
186.1
184.7
343.8
193.3
186.8
361.2
193. 9
173.6
336.4
196.3
178.5
350.4
197.5
165.9
327.7
199.0
182.9
364.0
148.5
1V4. 0
258.4
223.3
168.1
375.5
237.7
158.5
376.7
239.0
171.5
409.9
239.7
167.1
400.5
247.8
165.6
410.4
245.2
179.4
440.0
239.6
134.1
321.2
thous. sh. tons
mil $
274, 257
39,642
264, 807
55, 490
20, 308
4, 150
23, 256
4,877
24, 267
5,487
19, 428
5,096
23, 072
5,690
thous sh
441, 624
42, 742
446, 558
67,160
35, 971
5,637
39, 691
6,016
38, 781
5,912
41, 934
6,173
53, 836
7,122
Transport equipment
Automobiles and parts
1,793.3
990.1
837.5
952.4
807.2
897 7
777.1
626.3
722.7
850.9
800.6
815.7
198.5
219.7
223.8
189.7
217.9
197.4
176.2
347.9
196.9
174.7
344.0
194.6
170 9
332.5
195.5
162.8
318.3
194.2
168.9
328.0
249.3
135.1
336.7
248.3
148.4
368.5
245.8
135.2
332.3
246.2
133.4
328.5
238.3
149.4
356.0
238.8
141.3
337.4
19, 732
4,785
21, 260
5,353
21,514
5,105
22, 262
4,969
21,441
4,847
30, 390
4,727
26, 597
4,812
38, 017
5,397
32, 342
4,779
27, 781
4,632
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Unit value
- 1967 = 100.
Ouantity
do
Value
..do
General imports:
Unit value
- do
Quantity
-- do_ _
Value
do
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):
Shipping weight
Value
General imports:
Shipping weight
Value
tons
mil. $
TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers (Scheduled Service)
Certificated route carriers:
Passenger-miles (revenue)
bil
Passenger-load factors
percent
Ton-miles (revenue) total^f
mil
Passenger revenues
Freight and express revenues
Mail revenues
Operating expensesO
Net income after taxesO
Domestic operations:
Passenger-miles (revenue)
Express and freight ton-miles
Mail ton-miles
Operating revenuesO
Operating expensesO
Net income after taxesO
International operations:
Passenger-miles (revenue)
Express and freight ton-miles
Mail ton-miles
Operating revenuesO
Operating expensesO
do
do
do
do
do
161.96
52.1
22,242
162. 92
54.9
22, 425
12.68
51.2
1, 766
12,419
10,274
1,075
14, 703
11,879
1,248
4,041
3,283
& 13, 978
3,664
303
11,834
227
309
322
206
129. 73
2,888
9.86
Ml, 545
6
10, 760
3,115
2,802
126.32
2, 922
mil $
do
do
9,694
9 200
179
381
160
bil
mil
do
35. 64
1,916
33 19
2,083
2.82
mil $
do
2,725
2 633
3, 157
3, 218
48
—60
927
862
46
mil
3 5, 294
3 5, 591
M28
237
52
692
522
10.19
263
60
9.05
227
60
13.27
51.1
1,818
12 64
48 4
1 697
11 01
47 g
1 520
3,502
2,849
325
98
3,644
293
79
-63
3, 613
-163
10.76
209
74
10 06
198
57
8 94
190
52
191
39
2.13
186
44
2.51
156
51
10.95
225
58
12. 19
50 3
1,689
12 91
50 9
1 774
14.90
56 5
1 968
16.10
57.4
2,110
17.30
61.9
2,241
p 12.90
^51.8
p 1,803
10.07
10 42
12 14
12.75
13.81
p 10.22
^244
224
57
233
57
232
52
238
54
2 76
3.35
249
54
p53
2,779
2 862
-93
—6
2.46
13.30
52 4
1,820
3,603
2 856
2 832
2 809
174
35
471
6
6
11.18
46.3
1,634
321
69
bil
mil
do
687
12.65
51.1
1,818
2 58
144
34
2.07
147
31
2 35
172
35
2 49
2. 12
152
37
3.49
175
33
?2.67
»187
156
37
172
35
475
455
430
425
433
d
100
2,474
2,269
131 2
138 5
140 1
157
36
?30
723
781
70
771
835
56
Local Transit Lines
Passengers carried (revenue)
Motor Carriers
Carriers of property, large, class I:*
Number of reporting carriers
Operating revenues total
mil. $
Net income, after extraordinary and prior period
charges and credits
mil $
Tonnage hauled (revenue), common and contract
carrier service
mil tons
Freight carried— volume indexes, class I and II
intercity truck tonnage (ATA) :
Common and contract carriers of property
(qtrly.)d"
average same period. 1967=100.
Common carriers of general freight, seas, adj.f
1967=100.
508
468
495
459
528
488
100
100
8,963
9,803
2 530
2 106
250
248
52
«5
d
88
54
203
196
50
38
d
50
41
123 0
128 3
100
1 9K
163.4
2 155. 6
153. 2
99
2
152. 1
2 135 4
4,322
4,026
d
127 3
128 9
122 2
100
118
117
124
1 V7
2
Class I Railroads
Financial operations, qtrly. (AAR):
•I (> QA C
4 QQ9
Operating revenues, total, excl. Amtrak© 9 mil. $.
4,107
15, 784
13,818
Freight
do.._
72
290
259
Passenger, excl. Amtrak
do...
3,322
13, 123
11,595
Operating expenses ©
do_._
762
2,841
2,371
Tax accruals and rents
do.__
308
981
855
Net railway operating income
do...
1242
1747
1552
Net income (after taxes) ©
do._2
' Revised.
* Preliminary.
1 Before extraordinary and prior period items.
Comparison with year-ago data may be affected by the change in reporting actual tonnage carried
instead of billed tonnage, per the ICC Uniform System of Accounts (1/1/74).
3 Annual
total: monthly data not revised.
O See corresponding note on p. S. 23.
9 Includes data
not shown separately.
1 Applies to passengers, baggage, cargo, and mail carried.
§ Passenger-miles as a percent of available seat-miles in revenue service reflects proportion of seating capacity actually sold and utilized.
O Total revenues, expenses, and income for all
428
125 2
3,995
3 839
3,746
3,588
70
70
3,301
3,446
3,301
- 655
693
675
1
. a — 117
201
1-67
1-176
i 149
groups of carriers also reflect nonscheduled service.
* New series. Source: ICC (no comparable data prior to 1972).
d" Indexes are comparable for the identical quarter of each
year (and from year to year); see 2.
© Natl. Railroad Pass. Corp. (Amtrak), not included
in AAR data above, operations for 1973 and 1974 (mil. dol.): Operating revenues, 202; 257;
operating expenses, 328;
463; net income.-159; -273 (ICC).
« See
corresponding^ note,
6
d
bottom of p. S-25.
See corresponding note, bottom of p. S-25.
For 2d qtr. 19^4.
f Monthly data (revised to new seasonal factors) back to 1957 are available.
SURVEY OF CURRENT BUSINESS
November 1975
1973
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1975
1974
1974
Annual
S-25
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION—Continued
Class I Railroads— Continued
Traffic:
Ton-miles of freight (net) , total
bil.
Revenue ton-miles otrly (AAR)
do
Revenue per ton-mile
cents
Price index for railroad freight*
1969=100..
Passengers (revenue) carried 1 mile
..mil.
878.4
851 8
1.620
129.3
9,298
880.7
851 0
1.848
149.7
10, 333
210 8
2 426. 3
204.2
2 1. 971
158.3
158.0
2 5, 076
186.9
158.3
158.3
158.3
111
24.22
47
19.59
46
103
27.34
55
19.90
57
110
27.17
59
20.29
59
571
539
417
411
115
2,381
518
608
468
417
111
1,660
627
558
505
411
165
1,757
2,514
1,202
1,002
1,633
451
2.457
1,198
943
1,571
450
2,469
1,196
958
1,705
398
127.9
39.4
32.3
5.2
41.4
33.2
6.3
39.3
31.7
4.8
24.6
16.5
6.6
26.5
17.3
7.8
24.2
16.9
5.9
158.0
158.0
116
117
P 24. 49 »• 24. 64
P62 T ••61
P 19. 44
19. 17
*>66
'69
126
26.17
72
19.86
70
115
25.88
62
19.83
60
8,540
8,306
5,936
5,067
2,415
52, 857
753
701
585
483
144
5,660
599
522
435
394
127
4,419
26, 030
12, 430
10, 371
16, 535
4,710
123 3
29, 013
13, 932
11, 456
18, 468
5,310
127.9
2,427
1,178
937
1,552
448
127.2
454.7
372.9
53.8
r 483. 9
384.7
'69.4
4
4
189 7
rp 186 5
3
64 9
158.3
165.8
165.9
175.2
175.6
175.7
120
27.61
57
21.93
61
114
27.57
61
21. 6!)
65
126
27.67
59
20.82
63
123
27. IS
64
21.51
71
131
27.31
59
22.81
71
121
26.89
60
21.77
76
115
27.01
58
20.72
65
531
515
431
328
179
1,635
553
687
503
399
223
2,497
624
582
428
338
261
2,735
625
731
466
406
263
4,437
701
760
538
445
286
7,948
241
11, 320
187
11, 445
161
5,845
131
4,597
2,500
1,201
989
1,665
421
2,451
1,211
914
1,590
427
2,564
1,224
1,017
1,658
459
128.6
2,654
1,247
1 069
1,692
484
129 1
2 647
1,254
1 054
1,685
484
129 2
2,659
1,268
1,050
1,674
495
129.5
2,717
1,270
1,102
1,725
500
129 9
2,712
1,280
1,085
1,729
497
130.3
41.7
33.6
5.9
39.6
32.0
5.1
38.7
31.2
4.9
40.9
32.0
6.4
42.0
32.9
6.6
42.6
33.6
5.9
43 2
33.4
7. 1
43.1
33.7
6.9
41.5
33.9
5.2
25 8
18.2
6.2
25.9
18.0
6.6
24.6
17.1
6.0
25.0
16.8
6.7
26.7
19.3
5.9
26.2
18.1
6.8
26.0
18.5
6.0
26.7
19.0
6.2
25.5
18.1
5.9
'320
1,787
79
1,252
111
?680
180.2
Travel
Hotels and motor-hotels :f
111
Restaurant sales i ndex
same month 1967 = 100
22.39
Hotels: Average room sale^I
dollars
64
Rooms occupied
% of total. .
Motor-hotels: Average room salef
dollars
18.29
Rooms occupied
% of total
68
Foreign travel:
9,211
U.S. citizens: Arrivals
_
thous..
Departures
do
8,758
5,750
Aliens: Arrivals.. _
.
do ..
Departures
,
do
4, 905
2, 729
Passports issued
do
55, 406
National parks, visits
do
COMMUNICATION
Telephone carriers:
Operating revenues 9
mil $
Station revenues
do
Tolls, message
do
Operating expenses (excluding taxes)
do
Net operating income (after taxes)
do
Phones in service end of period
mil
Telegraph carriers:
Domestic:
Operating revenues
mil $
Operating expenses
do
Net operating revenues (before taxes) do
Overseas, total:
Operating revenues
do
Operating expenses
do
Net operating revenues (before taxes)
do
4
263. 2
* 183. 9
* 65 4
298. 7
205. 4
77 4
4
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic Chemicals
Production:
Aluminum sulfate, commercial (17% AhOs)}
thous sh tons
Chlorine gas (100% ChH
do
Hydrochloric acid (100% HCl)t
do
Phosphorus elemental!
do
Sodium carbonate (soda ash), synthetic (58%
Na20)f
thous sh tons
Sodium hydroxide (100% NaOIDi
do
Sodium silicate, anhydrousi
do
1 252
10 402
2,516
5?6
1 160
10 619
2,404
594
88
865
199
44
106
914
199
44
91
917
210
45
92
912
196
46
81
844
177
42
80
730
163
39
70
692
154
42
90
672
157
40
89
709
149
37
79
695
150
35
100
699
••159
31
99
766
175
33
3 813
10 719
723
1 305
3 502
10 865
i 772
1 376
255
879
60
118
304
929
69
115
284
935
67
122
319
940
65
117
269
886
59
131
247
742
45
125
230
708
55
107
238
685
53
107
248
726
64
105
216
713
61
81
'214
719
49
'96
226
792
45
105
961
785
937
788
84
64
87
59
87
61
82
55
73
48
67
44
66
37
64
44
61
46
60
48
10 021
3,927
i 10 533
3 957
845
3,785
919
3 858
883
3 934
884
3,957
869
4 014
809
4,054
904
4,220
908
4,309
912
4,498
835
4,739
1 243 1 332 1 250
15 093 r 15 698
thous sh tons
607
656
7 157 r 7 545
677
Ammonium nitrato original solution!
do
160
153
2 054
Ammonium snlfatoi
do
2 054
179
646
674
8,441
Nitric acid (100% HNOaU
do
'8 192
699
168
1 947
2 211
208
Nitrogen solutions (100% N)J
do
198
596
645
Phosphoric acid (100% P2Oj)t
do
6 848 r 7 128
649
2,715 2 880 2,806
31, 540
33 052
Sulfnric acid (100% HjSO^i
do
Superphosphate and other phosphatic fertilizers
(100% PzOs) :
416
Production
thous sh tons
5 578 r 5 367
433
450
393
332
368
Stocks end of period
do
377
370
465
534
5,902
Potash, deliveries (K2O)
do
6 334
558
Exports, total 9
do
20, 128 i 20,1 143 1,862
1 751 1,529
196
1 044
Nitrogenous materials
do
70
914
81
1,288
Phosphate materials
.
do
14, 895
15 348
1 335 1,156
154
Potash materials
do
1 579
1 415
138
119
Imports:
23
19
Ammonium nitrate
do.
369
34
338
8
299
10
Ammonium sulfate
do
258
30
Potassium chloride
do
7,146
519
629
5,899
587
69
0
20
Sodium nitrate.
do
150
0
r
Revised.
* Preliminary.
i Annual total;
monthly revisions 4are not available.
2
3
For six months ending in month shown.
For month shown.
Includes data for
Western Union Int. Cable & Wireless as noted.
tEffective May 1975 SURVEY, series restated to shift index to the 1967 base month and to
show separately operations for hotels and for motor-hotels; comparable data back to May
1971 are available.
If Refers to average daily rent per occupied room, not to scheduled rates.
9 Includes data not shown separately.
*See note "*," p. S-22.
J Monthly revisions back to 1971 are available upon request.
cfln the footnote of the 1973 BUSINESS STATISTICS a distinction is made between "gross
weight" and "sulfur content." However, because the difference is so minute, the Bureau of
Mines no longer makes this distinction.
1,330
683
141
683
185
69Q
2,942
1 206
617
156
603
145
558
2,530
1 202
5^3
162
566
174
595
2,546
1,369
641
161
603
215
658
2, 711
1,345
644
161
618
235
644
2,743
1.406
591
144
593
230
600
2,483
1,354 r
523
150
553
218
530
2,263 '
444
377
514
1,866
69
1,449
88
421
414
537
2,001
87
1,466
136
455
431
536
1,466
65
985
140
485
459
592
1,566
121
1,155
103
519
479
485
1,336
75
993
47
495
607
324
1,575
149
1,179
81
413
650
244
1,503
116
1,010
127
Sodium trypolyphosphato (100% NasPsOio)}
do
Titanium dioxide (composite and pure)f
do
Sulfur, native (Frasch)
and
recovered:
Production c?1
thous Ig tons
Stocks (producers') end of periodcf
do
1
r
r
57
50
66
57
'837
4, 871
825
4,948
Inorganic Fertilizer Materials
Production:
Ammonia, synthetic anhydrous!
1,375
1, 349
'559
488
170
' 171
••581
543
178
'192
r
547
502
2, 300 2,374
r
383
r
697
177
3,952
108
1,276
2,258
385
701
338
1,715
134
1,023
205
12
17
23
25
27
64
26
8
18
28
14
5
6
32
6
12
40
20
12
40
418
332
299
354
595
388
728
583
629
607
7
5
16
0
42
18
17
31
10
19
NOTES FOR P.S-24—° Beginning 1975 (and restated year-ago period), data reflect changes
in accounting to include provision for deferred taxes and other changes. For general comparison
under former accounting method, net railway operating income for 1st qtr. 1975 is about $18
mil. lower (and for 1st qtr. 1974, about $41 mil. lower); for motor carriers, net income
for 1st
h
qtr. 1975 is about $3.2 mil. lower (and for 1st qtr. 1974, about $1.8 mil. lower).
Effective
1974, comparison of operating revenues and expenses with prior periods is affected by revised
reporting regulations. Beginning 1974, other transport-related revenues and expenses are
reported gross in operating revenues and in expenses rather than as net in operating revenues.
For the year 1974, for total certificated route carriers, this reporting change had the effect of
increasing operating revenues by 2.5% and expenses by 2.7%.
SURVEY OF CURRENT BUSINESS
S-26
1973
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1974
November 1975
1975
1974
Annual
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Industrial Gases t
Production:
Acetylene
mil. cu. ft..
Carbon dioxide, liquid, gas, and solid
thous. sh. tons..
Hydrogen (high and low purity)
mil. cu. f t _ .
Nitrogen (high and low purity)
.. do _.
Oxygen (high and low purity)
do
Organic Chemicals c?
Production:
Acetylsalicylic acid (aspirin)
mil Ib
Creosote oil ©
mil gal
Ethyl acetate (85%)
mil. Ib
Formaldehyde (37% HCHO)
do
Glycerin refined all grades
do
Methanol synthetic
mil. gal
Phthalic anhydride
mil. lb_.
ALCOHOI4
Ethyl alcohol and spirits:
Production
mil tax gal
Used for denaturation
do
Taxable withdrawals
do
Stocks end of period
do
Denatured alcohol:
Production
mil wine gal
Stocks end of period
'608
483
477
422
501
537
' 1,566 ' 1, 766
'137
'133
' 158 r 155
' 65, 169 ' 75, 017 ' 6, 146 ' 6, 744 ' 6, 236 ' 5, 878
227, 160 243, 612 20, 803 21, 382 19, 744 20, 101
389, 436 389, 628 32, 759 34, 148 32, 611 32, 063
99
4,981
19, 785
32, 095
95
4,416
18, 282
30, 763
106
4, 859
19,364
32, 199
110
4,772
19, 165
29,595
115
5,541
19,350
29,067
'8,268
do
' 7, 808
••639
••694
••669
539
'567
589
127
'133
5,214 ' 5, 485
18,688 19,453
27,014 26,895
140
5,874
20, 154
27, 574
132.9
32.2
1
87.7 i 124. 2
221.5 i 170. 2
i 6,424.1 1 5,845.8
348.7
359.1
i 1,063.9 11,033.9
1 1,022.6 i 978.6
2.6
11.8
13.7
477.9
26.1
81.2
89.1
2.8
9.8
13.6
456.3
30.5
66.5
80.4
2.7
9.7
12.5
370.2
31.3
85.5
71.1
2.6
8.6
12.8
351. 3
30.0
82.4
56.2
2.5
24.1
11.8
261.2
26.3
66.1
39.2
2.1
13.3
9.0
256.3
24.1
28.3
41.5
2.2
8.4
10.1
351.5
22.6
30.1
43.7
2.1
9.0
6.1
380.3
19.8
52.0
50.6
1.9
8.7
7.0
352.7
18.3
58.7
54.7
2.2
7.6
5.9
372.7
18.8
76.5
64.2
2.3
5.9
11.1
356.7
17.3
80.5
52.6
2.4
'7.5
11.1
384.3
22.1
64.6
'64.9
692.1
470.8
72.7
100.9
' 616.0
459.0
'74.1
100.6
59.5
34.1
5.9
82.4
61.0
39.0
7.1
74.8
48.6
37.3
6.3
79.3
54.8
36.3
6.2
100.6
52.0
35.4
6.3
107.1
40.4
30.2
5.0
110.1
44.5
25.6
5.9
123.1
41.4
29.3
6.1
120.9
39.8
30.4
6.4
114.7
39.1
29.6
6.8
116.7
41.3
29.7
6.4
114.1
40.1
29.7
6.3
115.2
253.5
253.7
2.5
255.0
255.3
2.8
19.9
20.1
2.5
21.9
22.2
2.3
20.2
20.0
2.7
20.1
20.2
2.8
19.7
19.6
2.9
16.3
16.6
2.6
14.0
14.2
2.4
15.9
15.6
2.7
16.4
16.9
2.1
15.6
15.8
2.0
16.8
16.5
2.3
16.1
16.4
2.1
11,647.9
18,581.8
12,164.6
15,156.0
1 4,594.3
i 1,512.2
1 8,820.8
12,257.7
1 4,967.6
1
4,821.2
127.4
738.4
203.1
446.2
411.8
125. 5
752. 9
211.5
422.1
407.4
98.1
724.9
207.1
335.1
401.1
83.3
734.7
156.1
250.6
356.8
67.5
635.0
124.2
226.1
254.2
61.5
477.6
101.2
232.3
198.4
97.8
483.2
119.6
260.3
247.7
105.0
454.1
133.3
312.3
281.8
99.8
506.6
144.8
345.9
270.4
101.8
542. 8
164.8
307.1
315.8
2,083.7
2, 152. 6
559.1
343.2
172.4
170.8
280.4
133.4
147.0
265.0
123.0
141.9
267.5
135.9
131.6
334.1
175.8
158.3
362.9
197.4
165. 5
1
1.9
8.3
10.8
430.1
19.4
61.6
68.0
PLASTICS AND RESIN MATERIALS
Production:
Phenolic resins
.
. . . ..mil. lb_.
Polyethylene and copolymers
do
Polypropylene
do
Polystyrene and copolymers
do
98.9 ' 109. 0
569.1
633.5
158.7
188.8
294.5 ' 347. 3
316.6 '335.9
124.2
680.0
189.6
419.9
322.3
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly
nil. lb_Paints, varnish, and lacquer, factory shipments:
Total shipments t
mil $
Industrial finishes t
do
3,133.1
1,659.0
1,473.9
3, 672. 3
1,870.5
1, 801. 7
338.8
173.1
165.6
534.9
565 5
223.3
104.5
118.8
302.2
156.5
145.8
589.2
610.5
391.6 ' 373. 4
216.2 r 2C6. 7
175.4
166.7
387.2
209.5
177.6
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and Industrial), total
mil. kw.-hr_. ,963,948
,966,373 160,314 160,297 157,896 167,677
70, 919
53, 341 162, 197 152,206 158, 376 167,782
,857,381
,585,600
271, 782
,865,287 152,096 151,788 149,602 159,360
,564,552 130,774 131,826 128,522 136,343
300, 734 21, 322 19,962 21, 080 23, C16
63, 348
38, 478
24, 870
46, 338 154, 955 145, 289 151,471 160,927
22, 493 126, 913 118,610 23, 781 133, 843
23, 845 28, 042 26, 679 27, 690 27,083
1,530,654 1,519,831 124,905 125,875 124,139 132,351
326, 727 345, 455 27, 191 25, 913 25,463 27, 009
34, 110
29, 238
19, 772 124, 624 116, 095 122, 336 131, 246
26, 566 30, 330 29, 194 29, 134 29, 681
Electric utilities total
By fuels
do
do
Privately and municipally owned util
inausiriai esiaDiisnmenis, rotai
y
do
ao
~~n"
106, 567
102, 878
3,689
f\n
101, 087
97, 574
3,513
Sales to ultimate customers, total (Edison Electric
Institute)
mil kw -hr 1,703,203 1,700,769
Commercial and industrial:
396, 903 392, 716
Small light and power§
do
687,235 689, 435
Large light and power§
do
8,218
7,965
253
8,509
8,265
244
8,294
8,041
253
8,318
8,018
300
7,571
7,271
301
7,004
6,723
281
7,243
6,943
300
6,918
6,618
300
6,906
6,582
324
6,855
6,559
296
52, 701 141,745 137, 202 141, 302
46, 950 142, 881 139, 872 136, 294 133, 505 141, 801 150, 637 157, 013
36, 644
60, 731
33,271
59, 958
31, 947
57, 666
32, 698
54, 332
33,603
54, 557
33,146
53, 480
32, 704
53, 169
32, 114
52, 851
32, 313
53, 530
35, 703
54, 843
38, 400
54, 335
39, 395
56,551
Railways and railroads
Residential or domestic..
4,186
do. .
554, 171
do
4,258
554, 960
338
50,002
358
43, 212
375
42, 209
392
48, 803
374
53, 289
393
50,716
388
48, 596
379
46, 035
339
42, 424
319
45, 741
344
52, 275
326
55,311
Street and highway lighting
Other public authorities
Interdepartmental
do
do. ..
do
12,836
42,340
5,532
13, 314
40, 721
5,366
1,084
3, 458
444
1,163
3,342
441
1,220
3,364
422
1,239
3,420
418
1,261
3,438
428
1,219
3,522
405
1,165
3,459
391
1,096
3,428
390
1,063
3,436
398
1,022
3,691
482
1,075
3,716
492
1,077
3, 857
498
Revenue from sales to ultimate customers (Edison
Electric Institute)
mil. $_.31, 662. 9 39, 126. 8 3,753.8 3,484.1 3,388.9 3, 550. 5 3,745.5 3,728.8 3, 683. 5 3, 601. 9 3,543.0 3, 832. 4 4, 187. 2 4,366.8
GAS
Total utility gas, Quarterly
(American Gas Association):
Customers, end of period, total
44,734
41, 034
3,446
196
58
44,055
40, 477
3,331
192
55
44,734
41, 034
3,446
196
58
44, 953
41, 225
3,434
204
90
44, 552
40, 932
3,375
190
54
do
do
do
do
16, 480
4,994
2,281
8,371
835
16,000
4,865
2,293
8, 153
689
3,078
473
295
2,136
174
3,872
1,231
593
1 %8
180
4,947
2,236
997
1,546
168
3,546
1,150
12, 987
6,247
2,172
15, 360
6,899
2,539
5,509
413
2,688
827
335
1, 415
111
4,560
6,328
4,133
2,012
3,348 1,893
-752
1,278
717
1 R89
1 4*U
1 413
110
-249
113
able upon request.
0In the 1973 BUSINESS STATISTICS the unit reads "millions of
gallons"; it should read "thousands of gallons."
t Monthly revisions for 1973 will be shown
later.
UU
C
- -.
-
Other
Residential
Commercial
Industrial
Other
do
44, 201
40, 551
3,388
215
47
thous..
JVtJMU Illla.
.'
Revenue from sales to customers, total
Residential
Commercial
mil. $..
do...
do
Other
do
371
l
' Revised.
Reported annual total; revisions are not distributed t o the memthly data,
{Data are not wholly comparable on a year to year basis because of chang es from one
classification to another.
cfData are reported on the basi s of 100 p srcent co ntent of the
1,728
133
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-27
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES 9
Beer:
Production
. _ _ ..mil. bbl__ 148. 60
138. 47
Taxable withdrawals
do
12.76
Stocks end of period
_
do
Distilled spirits (total):
Production
- __mil. tax gal_. 183. 07
Consumption, apparent, for beverage purposes
mil. wine gal_. 1404.17
Taxable withdrawals
...mil. tax gal__ 210. 04
939. 70
Stocks end of period
_ _ _ __do_ _
Imports
- mil. proof gal_. 107. 28
Whisky.
108. 39
Production
mil. tax gal
133.63
Taxable withdrawals
_ _ _ __do
893. 00
Stocks end of period
- do_
Imports
- - - mil. proof gal..
92.30
156. 20
145. 46
12.58
12.67
12.09
13.72
12.28
11.59
13.53
10.71
10.42
13.04
11.11
10.74
12.58
12.54
11.12
13.21
11.18
9.84
13.54
12.40
11.57
13.76
14.50
13.01
14.26
14.34
13.41
14.17
15.76
14.44
14.30
16.00
14.69
14.36
14.72
13.88
14.18
162. 55
11.37
15.30
12.69
12.23
11.26
10.19
10.56
11.79
11.87
10.81
7.57
6.31
1415.47
220. 77
875. 75
110. 98
31.20
18.33
898. 20
9.32
36.99
23.64
888. 75
11.53
39.93
19. 70
880. 48
10.06
47.76
16.71
875. 75
11.29
31.43
19.36
891. 54
7.11
26.84
14.55
862. 94
7.67
32.57
15.75
857. 25
7.92
33.44
20.19
852. 07
9.93
33.84
19.47
841. 86
9.89
35.80
20.28
830. 03
9.01
33.38
17.08
822. 39
8.67
18.29
811.02
7.48
8.71
75.15
137. 03
822. 11
93.92
4.38
11.39
849. 66
7.88
5.57
16.00
838. 55
9.89
3.95
12.32
828. 47
8.51
3.80
9.69
822.11
9.58
3.35
10.66
814. 68
5.74
3.79
9.49
808. 00
6.34
4.41
9.81
802. 16
6.57
5.47
12.97
794. 26
8.39
5.13
11.92
786. 90
8.32
4.10
11.75
776. 47
7.50
2.42
10.04
770. 97
7.39
1.22
10.87
760. 46
6.05
7.13
114.93
53.35
118.62
53.38
8.80
3.80
12.00
5.81
12.02
6.38
9.18
3.40
9.24
3.56
7.98
3.59
8.13
3.22
10.79
5.25
9.83
4.34
10.26
4.36
8.48
3.54
8.18
3.22
20.50
18.97
8.48
2.02
18.83
18.03
8.12
1.80
1.69
1 22
11. 50
.16
1.58
2.42
10.13
.17
1.53
2.23
9.33
.16
1.30
2.43
8.12
.22
1.75
1.20
8.61
.12
1.11
.94
8.73
.12
1.53
1.18
9.00
.11
1.57
.97
9.51
.14
1.43
1.20
9.65
.12
.86
1.52
8.95
.13
1.51
.91
9.49
.08
2.14
1.05
10.45
.07
.14
437.54
273. 07
422. 37
53.15
401. 42
279. 98
451. 59
3 49. 58
86.10
20.68
335. 17
4.10
167. 55
26.81
463. 52
4.16
45.06
23.11
473. 14
4.27
18.44
27.19
451. 59
3.59
9.93
23.88
432. 10
3.92
8.14
22.48
413. 00
2.78
8.27
26.88
387. 40
3.34
7 14
24.30
366. 37
4.00
8.82
24.24
347. 15
3.65
7.78
25.13
325. 14
3.98
8.97
22.40
306. 45
3.91
8.97
21.69
287. 46
3.83
3.44
378. 68
354. 30
106. 66
130. 20
40.08
17.46
9.61
3.49
7.11
6.01
2.72
3.87
6.12
13.24
« 918. 6
46.4
».C89
961.7
49.2
.674
63.9
105.6
.694
70.7
83.1
.706
67.3
58.0
.705
89.6
49. 2
.673
97.4
54.5
.677
90.4
61.3
.693
96.3
60.5
.692
100.9
66.5
.704
101.6
85.2
.705
88.3
99.7
.706
70.4
97.7
.788
58.9
79.2
.863
57.0
'39.6
.900
< 2,685.4
« 1,672. 5
2,930. 2
1,858. 6
213.9
125.0
218.6
125.5
205.8
116.6
218.7
124.9
216.3
130.6
203.9
122.1
238.0
144.1
243.4
152.9
264.2
168.4
273.2
170.7
249.9
153.0
226.3
133.8
213.0
115.6
502.2
494.0
512.1
Stocks, cold storage, end of period
do
357. 8
539.1
430.2
420.8
American, whole milk
_ _ _
do__
290.3
463.0
440.6
19.0
315.6
Imports
do
» 232. 0
18.8
15.8
Price, wholesale, American, single daisies (Chi.973
.962
cago)
$ per Ib
.843
.965
.945
Condensed and evaporated milk:
1,035.2
60.8
Production case goodscT
mil. Ib < 1,102.2
65.2
60.9
Stocks, manufacturers',
case goods, end of month
79.2
101.0
69.2
or yearo"1
mil. Ib
124.1
153.5
Exports:
.2
1.6
1.0
Condensed (sweetened) __ _
_ __do__
.2
.1
3.2
40.7
41.4
Evaporated (unsweetened)
do
3.4
2.9
Fluid milk:
8,669
Production on farms
_ . d o . _ « 115,385 115,416
9, 125
9,140
3,985
60, 821
Utilization in mfd dairy products
do
* 57, 920
4,422
4,355
8.44
7.14
'8.33
Price, wholesale, U.S. average
$ per 100 lb_
8.07 '8.34
Dry milk:
Production:
<78.0
67.7
2.8
Dry whole milk
mil Ib
3.1
3.7
Nonfat dry milk (human food)
do
51.5
< 916.6 1,019. 9
68.9
54.6
Stocks, manufacturers', end of period:
6.4
Dry whole milk
do
5.4
5.4
10.8
9.7
134.6
Nonfat dry milk (human food) _
_ _ do
74.5
130.1
167.3
144.1
Exports:
45.2
Dry whole milk
do
49.7
3.2
4.4
3.2
Nonfat dry milk (human food)
do
10.4
6.7
.3
.3
.3
Price, manufacturers' average selling, nonfat dry
.586
milk (human food)
$ per lb_.
.464
.570
.577
.574
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat),. .mil. bu__ 32,896.2 2, 220. 3
211.6
159.3
148.7
Barley:
Production (crop estimate)
do_,_
« 421. 5 6 308. 1
Stocks (domestic), end of period...
_ do
229.8
308.5
320.9
On farms. . __
do
127.1
207.3
182.3
Off farms
do
102.7
113.6
126.2
Exports, including malt§
do
94.6
56.7
6.3
2.5
1.5
Prices, wholesale (Minneapolis):
No. 2, malting
$ per bu__
2.02
3.53
4.64
3.88
4.33
No. 3, straight
do
3.40
2.00
4.51
3.80
4.02
Corn:
Production (crop estimate, grain only). .mil. bu_. 65,647 5 4. 651
8
Stocks (domestic), end of period, total
do
4,473
3,613
483
On farms.
_ _
do
3,357
2,533
6288
Off farms
do
1.080
1,116
• 195
Exports, including meal andflour.
do
1,312.3 1, 180. 8
58.2
102.3
64.1
Prices, wholesale:
No. 3. yellow (Chicago)
$ per bu_.
3.22
2.19
3.50
3.67
3.75
Weighted avg., selected markets, all grades
3.14
do....
2.12
3.46
3.46
3.69
Oats:
Production (crop estimate)
mil. bu_.
5621
8667
Stocks (domestic), end of period, total
do
511
637
652
On farms
do
475
388
496
Off farms
_ _
do
162
123
156
Exports, including oatmeal
do
.3
.5
30.0
54.3
1.6
Price, wholesale, No. 2, white (Minneapolis) f
1.66
$ per bu._
1.08
1.76
1.96
1.89
' Revised.
" Preliminary.
» Includes Hawaii ; no
mont hly data available for Haw aii.
3
'Average for Jan., Feb., Apr.-July,
Oct.-Dee.
Annu =il total r ^fleets re visions rlot
4
distributed to the months.
BevWd monthly data bac k to 1971 are ava liable ur on
request.
« Crop estimate for the year.
« Previ ous year's crop; ne w crop ri ot reportted
until beginning of new crop year (July for barley and oats: Oct. for corn).
7 Noi7. 1 estim ate
494.0
420.8
31.7
482.2
413. 5
14.4
458.1
393.1
8.4
447.5
385.6
9.4
441.0
379.8
9.6
454. 8
392.6
9.0
475.1
410.2
9.6
477.6
414.0
13.4
449.7 ' 422. 2
388.5 ' 360. 9
15.2
10.8
.946
.936
.946
.952
.968
.987
1.006
1.030
1.064
1.119
78.1
73.9
70.2
75.0
77.9
96.6
97.1
85.8
74.9
73.7
79.2
68.1
61.8
54.3
60.3
84.2
104.0
114.7
105.5
96.6
.3
3.3
.1
4.1
.4
4.0
.2
3.9
.1
4.5
.1
4.0
(•)
4.3
(8)
3.9
.1
4.7
(8)
4.9
9,087
4,546
8.22
9,301
4.844
8.33
8,775
4.657
8.28
10,023
5,289
8.13
10, 121
5,510
8.09
10, 789
6,006
7.98
10, 460
5,985
7.94
9,998
5,389
8.19
9,609
4,785
8.56
9.101
4,322
'9.16
4.7
83.3
4.8
83. 5
3.9
81.6
3.4
95.8
3.4
111.5
7.4
131.4
8.1
126.5
5.2
98.7
5.5
76.2
4.2
53.2
6.4
134.6
7.0
123.0
7.4
114.9
6.0
115.0
5.3
108.9
7.6
116.2
7.3
108.5
6.4
87.4
6.9
70.2
6.2
51.1
3.2
2.5
2.1
13.5
2.6
.4
2.3
.2
4.6
14.5
2.8
48.9
3.3
13.4
2.4
10.7
3.4
.3
2.8
.6
.568
.588
.600
.607
.603
.602
.604
.604
.614
.646
197.1
245.9
199.7
194.7
186.2
139.2
163.2
173.9
204.1
205.5
2.0
2.0
1.0
349.5
223.2
126.4
.4
4.20
3.99
3.51
3.32
3.64
3.44
3.81
3.67
Rectified spirits and wines, production, total
mil. proof gal. _
Whisky
do
Wines and distilling materials:
Effervescent wines:
Production
mil. wine gal_.
Taxable withdrawals _ _
do
Stocks e n d o f period
_ _ _ _ _ do
Imports
_ __
do
Still wines:
Production
do
Taxable withdrawals
_ _ _ do.
Stocks, end of period.
do
Imports
- - - - do.
Distilling materials produced at wineries.._do
DAIRY PRODUCTS
Butter, creamery:
Production (factory) _
Stocks cold storage, end of period
Price, wholesale, 92-score (N.Y.)_.
Cheese:
Production (factory), total
_ _
American whole milk
mil. lb__
_do
$ per lb__
_ mil. Ib
do
229.8
127 1
102.7
6.1
5.8
3.6
132.8
61 6
71 2
2.8
4,43
4.06
4.39
4.20
4.10
3.82
3.92
3.64
122.7
2,209
1 504
705
125.2
' 66 75. 6
29 9
f 6 45 6
1.0
3.4
4.09
3.86
3.63
3.38
74.1
1,146
801
346
81.6
69.2
89.2
6359
6190
8 168
75.3
3.13
2.97
3.15
2.95
.4
7678
642
512
131
1.9
25.5
.950
390.9
328.6
1.164
9,205
^9.53
7 381. 4
7 5, 804
3 613
2,533
1 080
103.3
129.6
103.2
3.54
3.16
3.12
2.83
3.02
2.82
2.91
3.04
3.42
3.12
2.90
2.88
2.95
2.90
2.86
2.93
511
388
123
1.7
.1
.5
329
239
90
.2
2.8
.3
••6185
e 119
«65
.7
.5
7678
1.63
1.69
1.56
1.82
1.63
1.72
1.74
1.84
1.81
1.55
d1 Conden sed milk include d with
for 197 5 crop,
s Less than 5() thousaiid poun ds.
§ Exclud es pearl barley,
evapor ated to avoid di sclosing operatior s of ind vidual fi rms.
t Effe 3tive Ma rch 1975
9 Scat ;ered mo nthly re visions I>ack to 1971 will be show i later,
er periocIs will b(} shown
for
earli
SURVE Y, data {ire resta ,ed to co ver differ ent marl_et. Data
later.
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1974
1974
1973
November 1975
Annual
Sept.
1975
Nov.
Oct.
Jan.
Dec.
Mar.
Feb.
Apr.
June
May
July
Aug.
Sept.
Oct.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Rice:
Production (crop estimate)
mil bags 9
California mills:
Receipts domestic rough
mil. Ib
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of period
mil. Ib
Southern States mills (Ark., La., Tenn., Tex.):
Receipts rough, from producers
mil. Ib
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis) end of period
mil. Ib
Exports
do
Price, wholesale, No. 2, medium grain (Southwest Louisiana)
$ per Ib
Rye:
Production (crop estimate)
Stocks (domestic) end of period
Price wholesale No 2 (Minneapolis)
Wheat:
Production (crop estimate) total
mil bu
do
$ per bu
mil bu
Winter wheat
Distribution
do
do
Stocks (domestic) end of period, total
On farms
O (T farms
do
do
do
Exports total including
Wheat only
4o
do
flour
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ per bu
No 2 hd and dk hd winter (Kans. City) do
Weighted avg., selected markets, all grades
$ per bu
1
92.8
5
i 114. 1
230
138
228
186
186
136
186
174
2,151
1,591
1 925
1 359
29
45
294
133
192
135
147
90
109
135
18
133
123
135
169
163
166
124
102
67
68
48
40
6,021
4,226
7 047
4 816
1,517
2,177
614
895
525
640
539
804
599
702
585
389
546
253
491
136
427
92
357
117
240
945
304
2,462
411
1,816
3,583
1 788
3 801
978
329
1,805
1,884
1 788
1,727
1,387
1,065
545
1,646
556
464
73Q
437
429
555
268
248
606
226
1,804
442
.200
.185
.208
.205
.210
.205
.205
.185
.195
.195
.195
.168
.180
126 3
21 4
1 82
252
1
19 3
11 9
2 99
i i 705 i i 793
i 432
1 4.09
i 1 273 i i 39]^
2 178
1 624
927
363
564
1 101
502
350
332
.200
564
237
196
281
241
158
113
64
61
85
63
164
r 20 5
3.11
3.22
3.21
11 9
3.07
8.3
3.02
2.80
2.74
2.48
2.68
"25.8
2.47
2.97
2.58
16.0
3.08
18 6
$ 2 138
5
492
449
464
329
1 550
1 101
648
260
388
'2320
2126
1,874
r2194
1,129
440
661
944 0
919 4
87 6
86 0
93.2
91.3
100 5
98.3
84 8
82.3
110.4
108.4
72.9
71.3
66.5
65.2
78.2
77.0
69.4
65.3
79.8
77.2
102.2
99.7
113.5
111.2
127.2
125.4
3 43
3 58
5 24
4 74
5 14
4 47
5 64
4.92
5 64
4 99
5 38
4 84
4 81
4.42
4 47
4.02
4 48
3.78
4.57
3.76
4.41
3.45
4.25
3.40
4.66
4.01
4.88
4.31
4.99
4.36
3 64
5 53
5 6°
5.88
5 84
5 64
5.22
5.00
4.78
4.94
4.96
4.39
4.69
5.08
5.01
24.9 157
4 323
542 904
20 837
22 817
20 853
19 466
42 833
20,599
378
46375
20,361
371
45,718
44, 375
21,156
384
47,430
21, 705
44 272
43 927
19054
349
47 012
17,653
321
39,746
19, 631
51 512
19658
359
47 039
22,644
411
51, 076
4 409
in *ifi^
3 8S5
699
816
929
4 499
1 058
820
715
4,755
577
516
1,718
4,434
1,119
1,084
999
753
11. 887
11.059
11. 425
10. 325
12.600
11.363
12. 938
11.775
12. 175
11. 200
11.488
10.438
11. 025
9.938
10. 388
9. 125
10. 363
8.975
9.863
8.550
9.550
8.088
10. 213
8.938
10.513
9.363
11.238
10. 213
2 355
212
2 787
279
3 230
251
2 929
254
2 902
284
3 152
250
2 778
276
2 826
284
2 889
270
2 851
276
2,898
344
3,084
345
3,141
385
3,319
377
415
384
354
361
5 4gg
1 650
745
668
882
Wheat flour:
Production:
Flour
thous sacks (100 Ib )
249 265
Offal
thous. sh. tons
4 303
Orindings of wheat
thous. bu
555 269
Stocks held by mills, end of period
thous. sacks (100 Ib.)
5 505
Exports
do
13 456
Prices, wholesale:
Spring, standard patent (Minneapolis)
$per lOOlb.8.734
Winter, hard, 95% patent (Kans. City) . do.... 8.454
.168
6
440
661
1 403 5
1 372 1
124 1
r
398
49 017
4,140
11.163
10.113
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous. animals
Cattle
do
Prices, wholesale:
Beef steers (Omaha) t - - - S p e r l O O l b .
Steers, stocker and feeder (Kansas C i t y ) _ _ d o _ - _
Calves, vealers (Natl. Stockyards, Tll.)_ do .
Hogs:
Slaughter (federally Inspected) thous animals
Prices:
Wholesale, average, all grades (Sioux City)
$ per 100 Ib.
Hog-corn price ratio (bu. of corn equal in value
to 100 Ib. live hog)
Sheep and lambs:
Slaughter (federally Inspected) thous. animals
Price, wholesale, lambs, average (Omaha)
$perl001b.
1 808
30 521
09' QIQ
44 54
49.13
57 19
41 89
36.49
46 19
41 38
29. 80
36 00
39 64
29.80
36 00
37 72
27.97
36 00
37 20
28.05
36 00
36.34
26.79
36 50
34.74
26.80
36 50
36.08
27.86
38 00
42.80
30.73
37.00
49.48
34.87
37.00
51.82
33.52
31.50
50.21
30.69
46.80
32.93
28.50
48.91
35.98
72 264
77 O71
6 523
7 023
6 402
6 243
6 350
5 540
5 751
6 361
5 376
5,077
4,659
4,627
5,217
34.41
37.91
37.45
38.96
38.23
39.23
39.22
40.32
45.78
50.28
55.70
56.80
61.19
58.76
10 2
10 8
11 1
11 7
12 4
13 4
14 3
14 7
17.0
17.6
19.9
19.0
21.2
22.1
40.10
34.75
c 21 7
8
12 2
9 234
8
CC«
842
851
612
595
662
570
648
627
615
614
635
621
758
36.69
39.76
36.12
35.88
37.50
38.50
37.50
40.50
45.12
48.88
50.75
46.12
45.00
41.00
44.12
33, 525
36, 330
2,993
3,360
3,048
2,971
3,169
2,762
2,845
2,966
2,751
2,704
2,697
2,716
2,940
722
652
573
514
501
70
148
77
149
73
157
1,802
27(
1,841
26(
47.90
36.74
44.00
MEATS
Total meats:
Production (carcass weight, leaf lard in) , inspected
^laughter t
mil Ib
Stocks (excluding lard), cold storage, end ol
period
mil Ib
Exports (meat and meat preparations)
do___
Imports (meat and meat preparations)
do__Beefand veal:
Production, inspected slaughter^
Stocks, cold storage, end of period
do._.
do. _
Imports
_do.__
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (East Coast)
$ per Ib
Lamb and mutton:
Production, inspected slaughter
Stocks, cold storage, end of period
mil. lb.
do __
715
77
754
803
815
798
783
794
64
134
54
146
57
179
67
131
75
145
65
125
79
111
64
135
1,725
358
1,991
362
1,776
415
1,948
42j
110
141
1,762
359
4
91
1,728
319
3
80
1,733
298
79
1,714
405
t
102
1,762
39e
98
1,803
373
3
97
107
113
122
1,938
258
2
126
.880
.849
.801
.824
30
31
9
31
10
38
10
830
759
803
714
692
19, 504
459
81
1,471
21,222
415
53
1,191
1 079
58
i ^n
*.696
.691
.686
.663
.635
.623
.599
.603
.611
.826
.821
486
440L
42
43
31
31
15
34
19
30
•i i
34
14
32
10
30
9
15
\
Pork (Including lard), production, inspected
1,214
1,326
1,226
14, 669
13, 535
slaughter!
.mil. Ib.
r
Revised.
i Crop estimate for the year. 3 ' Previous year's crop; new crop not reported
until July (beginning
of new crop year).
Annual total reflects
revisions not distributed
4
5
to the months.
Average for Jan.-July and Sept.-Dec.
Nov. 1 estimate of 1975 crop.
« Effective with June 1975 SURVEY, average is restated to represent "market" year (Dec.-
110
Q
.791
845
963
942
864
992
1,172
1,049
1,018
1,187
1,164
Nov )
9 Bags of 100 Ibs.
t Effective September 1975 SURVEY, data are restated to
cover different price (900-1100 Ibs. only). Data for earlier periods will be shown later,
t Scattered monthly revisions back to 1971 are available upon request.
SUEVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1974
1974
1973
Annual
S-29
Sept.
Oct.
1975
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
MEATS— Continued
Pork (excluding lard) :
Production, inspected slaughter
mil. lb_.
Stocks, cold storage, end of period _
do
Exports
do
Imports
do
Prices, wholesale:
Hams, smoked composite
$perlb
Fresh loins, 8-14 Ib. average (New York)._do
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil Ib
Stocks, cold storage (frozen), end of period, total
mil. Ib..
Turkeys
do
Price, in Georgia producing area, live broilers
$perlb._
Eggs:
Production on farms
mil. casesO
Stocks , cold storage, end of period:
Shell
thous casesO
Frozen.
_
_
mil. Ib
Price, wholesale, large (delivered; Chicago)!
11,879
286
169
398
12, 856
307
104
362
1,073
249
15
28
1,154
270
16
30
1,062
303
10
31
1,023
307
8
33
1,049
295
9
34
900
301
11
25
922
299
24
31
1,043
343
10
29
876
322
13
26
842
283
19
23
773
228
23
28
755
185
22
20
861
182
- 19
26
1.810
.819
2.678
.786
.634
.816
.728
.805
.773
.764
.852
.774
.728
.823
.747
.815
.743
.798
.716
.816
.787
.948
.801
.994
.859
1.122
.953
1.079
.974
1.170
10,649
10,706
898
1,015
800
768
781
676
736
825
831
884
967
942
978
431
281
456
275
718
529
744
555
555
372
456
275
439
267
410
240
370
207
339
178
315
160
347
193
388
248
470
328
'542
'409
611
483
.295
1.103
1.177
8.239
0.211
.225
.225
.245
.215
.230
.250
.240
.235
.250
.280
.325
.295
.305
a 185. 0
6 183. 5
14.5
15.0
14.7
15.3
15.4
13.9
15.3
14.6
15.0
14.5
14.9
15.0
14.6
34
43
36
54
70
66
73
65
52
60
36
54
35
54
48
52
32
47
25
44
68
45
82
48
90
51
80
52
72
51
56
47
.610
.598
.646
.632
.630
.688
.637
.574
.607
.516
.513
.517
.539
.597
.633
.591
Cocoa (cacao) beans:
Imports (incl shells)
thous Ig tons
Price, wholesale, Accra (New York)
$ per Ib.
248.0
.636
221.1
.982
4.8
1.018
8.1
1.193
11.1
1.115
18.7
.840
20.5
.895
17.3
.888
21.7
.848
17.9
.755
17.4
.595
18.7
.625
16.6
.730
12.5
.780
17.4
.775
.775
Coffee (green):
Inventories (roasters', importers', dealers'), end
of period
thous. bagsd"_
Roastings (green weight)
_. do
4,146
19, 415
3,003
18, 569
4,072
3,840
Imports, total
do
From Brazil
. ._
do
Price, wholesale, Santos, No. 4 (N.Y.)__$ per lb-_
Confectionery manufacturers' sales
mil $
21, 799
4,606
.676
2,141
19,243
2 725
.702
2,771
821
43
.600
309
740
61
.640
309
1,159
148
.690
265
1,550
457
.700
220
1,852
359
.675
246
1,656
253
.680
250
1, 535
331
1,448
277
1,365
244
1,736
473
1,626
418
1,868
391
2,533
543
221
207
202
183
168
245
297
mil Ib
459
'433
'418
'416
'426
••433
'402
'366
'336
'305
'305
'296
'307
'307
307
Sugar (United States):
Deliveries and supply (raw basis) :§
Production and receipts:
Production
thous sh tons
Entries from off-shore, total 9
..
do
Hawaii and Puerto "Rico
do
4,931
6,551
1,217
4,620
6,895
1,150
106
604
154
694
583
123
972
510
94
974
409
82
615
(56)
()
297
183
191
195
107
92
119
11, 538
11,482
2,583
11, 273
11, 237
2,800
1,003
998
950
1,045
1,042
1,202
879
876
1,822
469
463
2,800
514
511
3,067
552
549
2,970
693
684
2,836
832
809
2,521
870
852
2,299
961
932
1,946
1,205
1,174
1,275
sh tons
3,946
62, 734
5,299
8, 763
13, 672
4,394
2,777
2,307
2,516
21, 325
17, 648
27,288
48, 067
17, 501
27, 250
thous. sh tons
do
do
5,200
3 1, 566
29
3 5, 774
1,414
(<)
437
53
(«)
360
81
0
479
68
0
494
112
()
148
(4)
199
54
4
300
54
4
223
2
3
450
0
3
403
0
1
289
226
1
596
75
9
$ per doz-
MISCELLANEOUS FOOD PRODUCTS
Fish:
Stocks cold storage, end of period A
Deliveries, total 9
For domestic consumption
Stocks, raw and ref. , end of period
Exports, raw and refined
Imports:
Raw sugar, total 9-From the Philippines
Refined sugar, total. . . .
Prices (New York):
Raw, wholesale
Refined:
Retail (incl. N.E . New Jersey)
Wholesale (excl. excise tax).
do
do
do
3,003
4 997
4
222
62
5
3,889
4,710
' 2, 872
' 4 469
2,673
4 713
1,005
996
' 1, 032 » 1, 061
$ per l b _ _
.103
.289
.335
.370
.580
.430
.375
.388
.300
.282
.195
.148
.194
.225
.175
.152
$ per 5 lb. .
_$per lb_.
.775
.133
1.680
.320
1.901
.395
2.170
.408
2. 520
.549
3.546
.592
3.121
.518
2.858
.479
2.679
.410
2.285
.361
2.061
.319
1.650
.259
1.470
.268
1.726
.283
1.611
.232
.205
173, 314 3 178, 326
13,954
10, 460
7,735
11,844
14, 297
12,200
15, 486
13, 648
14, 694
12, 170
9,915
11, 276
12, 404
3, 702. 8
134.1
298.5
111.3
350.9
119.7
315.9
122. 7
272.2
134.1
299.7
129.2
278.7
119.5
280.4
117.0
307.9
121.1
288.9
112.9
268.9
113.7
285.1
103.0
' 299. 6
'88.7
328.2
92.9
4, 110. 6
96.5
293.2
78.1
357.3
93.3
330.5
92.2
323.1
96.5
330.1
84.7
310.6
81.8
319.2
93.9
322.2
97.6
316.5
95.1
326.3
76.9
345.4
79.4
' 344. 2
71.8
329.9
73.2
2,397.7
64.3
182.2
71.8
229.5
74.1
203.9
70.0
187.6
64.3
211.0
65.6
201.2
72.5
198.7
65.8
181.7
75.8
183.0
64.4
180.6
63.6
173.7
66.6
' 178. 7
'52.6
216.6
58.6
.512
.574
.626
.613
.617
.619
.619
.576
.544
.502
.494
.486
.486
.503
575.8
665.0
33.4
46.9
58.1
31.9
59.1
67.5
29.8
52.2
63.9
32.9
55.2
58.3
33.4
56.1
62.7
38.6
52.7
62.6
40.0
54.2
69.1
32.1
46.8
68.9
25.7
40.8
55.9
23.7
35.3
44.3
22.2
33.8
46.1
22.1
'34.6
'44.8
'24.2
36.1
49.5
23.8
5, 526. 6
432.2
477.1
437.5
3. 029. 2
271.4
245.7
232.3
430.5
380.3
400.5
450.7
2
' Revised.
v Preliminary.
1 Average for Jan.-Sept., and Nov.
Because of a
change in specification, effective June 1974, prices are not comparable with those for earlier
periods; the 1074 average is for 7 mos. (June-Dec.).
3 Reflects revisions not available by
4
5
6
months.
Less than 500 sh. tons.
Series discontinued.
Effective with June 1975
SURVEY, average is restated to represent "market" year (Dec.-Nov.).
A Monthly revisions
for Jan.-Aug. 1974 are available.
432.5
220.1
380.3
399.2
231.8
361.7
433.0
234.8
327.6
Tea, imports
thous Ib
FATS. OILS, AND RELATED PRODUCTS
Baking or frying fats (incl. shortening):
Product ion t
mil Ib
3,635. 8
Stocks, end of period©
do__
114.6
Salad or cooking oils:
Production^
. ..
.
do
3,893. 4
Stocks, end of period©
do
74.1
Margarine:
Production t
__ _
do
2, 359. 0
Stocks, end of period®.
do
61.2
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered)
$ per lb..
.340
Anlmal and fish fats:
Tallow, edible:
Production (quantities rendered) ?
mil. Ib...
474.6
Consumption in end products}
do
558.0
Stocks, end of period 1
do_.
40.4
Tallow and grease (except wool), inedible:
Production (quantities rendered) t
do
5, 237. 1
Consumption in end productsl ...
_
do
3.032.2
Stocks, end of period if
do
355.6
.490
371.5
405.2
358. 3
354.5 ' 347. 2 360.3
237.4
238.0
239.6
230.7 ' 236. 2 250.5
288.5
256.2 ' 257. 4
242.5
286.0
318.0
0Cases of 30 dozen.
cfBags of 132.276 Ib.
§Monthly data reflect cumulative revisions
for prior periods.
9Includes data not shown separately: see also note "§".
©Producers' and warehouse stocks.
IFactory and warehouse stocks.
tBeginning June 1974
SURVEY, prices are for cartoned, white, shell eggs to volume buyers, delivered to store door,
Chicago metropolitan area, and are not comparable with those shown previously. Comparable
data back to 1969 are available.
^Monthly revisions back to 1972 will be shown later.
450.3
254.4
379.5
SURVEY OF CURRENT BUSINESS
S-30
1974
1973 | 1974
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
Annual
November 1975
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
June
May
July
Aug.
Sept.
Oct.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS- Continued
Vegetable oils and related products:
Coconut oil:
Production refined!
Consumption in end products!
Stocks, refined, end of period 11 §
Imports
mil Ib
do
do
do
649.4
901.0
21.1
716.9
540.1
726.0
26.6
542.3
52.4
59.6
25.2
55.0
61.0
67.4
32.7
78.4
45.5
66.3
28.1
44.8
48.5
56.4
26.6
41.7
53.2
67.6
30.0
47.0
43.1
58.2
26.1
40.5
49.9
68.1
22.6
70.0
53.4
70.7
33.9
53.4
56
67
27
90
1
7
6
8
60 0
71.8
26.9
27.6
59 3
61.8
29.4
38 2
61 4
75.2
28.0
64.6
66 1
81. 1
28.8
76 3
do
do
do
do
529.2
529.5
508.7
44.9
518. 3
500.7
473.0
52.6
43.0
44.7
38.7
67.8
41.2
46.7
48.9
52.3
40.1
45.6
41.8
53.2
40.1
42.1
40.6
52.6
37.0
41.0
45.1
54.6
34.6
34.1
34.6
56.2
38.6
43.0
38.1
63.8
37.6
38.9
35.4
71.0
40
38
34
85
6
0
8
6
38.9
41.0
37.9
90.3
40.5
38 7
38.0
87.5
'35.2
39 5
r
39.5
••65.3
40.2
46 3
42.7
52.1
Cottonseed oil:
1,541.5
Production: Crude
__do_.
1, 330. 2
Refined
do
906.4
Consumption In end products!
do
157. 9
Stocks, crude and ref. end of period If
do
545.0
Exports (crude and refined)
- do
3.257
Price, wholesale (N.Y.)
$perlb..
1. 512. 7
1, 262. 7
832.4
177.4
606.1
.410
66.9
63.5
52.5
109.8
24.2
.415
122.8
81.8
58.3
123.2
24.1
.485
138.2
113.0
62.1
166.9
33.8
.495
139.1
117.2
61.5
177.4
75.1
.405
147.6
124.4
60.5
197.7
78.4
.400
137.5
125.5
57.9
210.2
67.3
.355
143.4
117 0
58.1
188.1
96.6
.315
111.6
109.0
56.0
207.9
56.8
.305
105 8
102 4
66 7
173 1
92.6
.265
84.1
93 0
53.8
164.0
17.8
.265
72.3
74 0
56.8
146.2
69.7
.348
'76. 1
68 0
r
49 6
* 126. 5
43.7
.378
57.0
73 1
47 2
136.4
28.9
.343
Corn oil:
Production: Crude
_
__
Refined
Consumption in end products!
Stocks, crude and ref., end of period 1[
Soybean cake and meal:
production
thous sh tons
Stocks (at oil mills), end of period
do
16, 223. 5 18, 543. 2 1,244.4 1,418.1 1, 406. 8 1,376.3 1, 429. 4 1,232.3 1,379.5 1,313.9 1» 190 7
438.4
245.6
496.7
496. 7
508.3
481.3 475.5 529.8
513.0
524. 9
410 8
Soybean oil:
7, 540. 2
Production* Crude
mil Ib
6, 508. 9
Refined!
_ _
do
6, 830. 7
Consumption in end products!
do
690.5
Stocks, crude and ref. end of period 1f.-do
874.3
Exports (crude and refined)
- do
3.277
Price, wholesale (refined; N.Y.)
$ per lb-_
8, 704. 9
6,811.5
7, 039. 0
673.6
1,606.7
.366
592.3
510.8
524.4
793.6
83.2
.397
672.9
585.0
621.8
734.7
85.9
.428
627.5
511.4
552.1
681.5
111.1
.439
621.4
482.1
516.4
673.6
193.0
.370
651. 3
515.0
553.4
689.6
129.0
.356
555.9
468.6
521.2
633.7
71.6
.327
632.4
497.1
528.2
647.4
116.1
.301
600.9
497.0
540.3
662.2
57.6
.296
557 6
467 9
527 4
606 7
72.9
.248
1,209.3 1,355.1
383.8
359.4
557.8
489.6
531.3
530.6
55.7
.243
623.9
509.3
555.3
544.3
65.3
.304
r
.323
l,475.6 1,268.1
«• 368. 3 316.8
r 674. 5
550.9
562. 8
567. 1
13.1
.340
T
r
590.2
538.3
604.2
556.8
13.5
.285
.266
TOBACCO
Leaf:
1 1,742 1 1 990
Production (crop estimate)
mil Ib
Stocks, dealers' and manufacturers', end of period
4,409
4,129
4,466
mil. Ib
Exports Incl scrap and stems
thous Ib 2612, 980 651,415 39, 990
268, 585 2299,946 29, 623
Imports Incl scrap and stems
do
64. 063
27, 122
Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
Taxable
Cigars (large\ taxable
Exports cigarettes
5,300
55, 643
533
4,247
millions
do
do
do
55 902
590, 342
5,554
41, 543
59 272
576 173
5,008
46 901
4 511
48,114
443
3,700
7
72, 950
22, 445
4,461
68, 264
24, 481
57, 141
33, 650
4 182
44, 054
416
3,157
4,473
38, 504
314
4,273
5,092
47, 887
351
3,468
46, 669
26, 144
44, 172
27, 805
3,944
32 073
28, £66
23, 202
26, 390
39 452
25, 082
4,312
44, 862
25, 229
4 942
43 968
372
5,155
4 547
51,838
394
3 313
4 464 4 803
49 171 49 477
417
397
3 357
3,623
5,667
46, 301
347
4,170
5,294
4,104
26 440 22, 674 22, 796 24, 519
280
292
161
236
1 905 1 663 1 810 1,989
25, 093
174
2 045
24, 553
230
1 834
23,361
115
1 719
22, 532
166
1,551
33, 510
25, 300
4,315
52 483
33, 694
4,793
46, 963
354
3,645
2 191
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9 .
thous $
Calf and kip skins
thous skins
Cattle hides
thous hides
22, 965 25, 782
193
159
1 548 1,714
376, 999
1,886
16 867
339, 062
2 163
18 428
84, 300
12, 835
1,600
77 500
15 732
583
7,000
1,449
72
6,100
1,077
24
5,800
l.ltiT
96
3,200
533
25
4,800
1,161
64
5,600
1,515
85
5,800
1,615
119
6,100
1,603
62
5,100
1,162
46
6,300
1,024
56
7,900
1,668
60
6,200
1,096
72
1,372
106
$ per Ib
do
.622
.343
.644
.231
.600
.245
.550
.173
.450
.175
.350
.143
.300
.118
.285
.125
.285
.163
.285
.275
.500
.253
.258
.350
.253
.350
.253
.350
.258
LEATHER
Production:
Calf and whole kip
thous. skins
Cattle hidr and side kip
thous hides and kips
Goat and kid
thous. skins
Sheep and lamb
do
1,262
17 768
16 824
1,419
1 536
1 430
1 315
1 350
14, 504
13 889
1,081
1,260
1 093
992
1,033
120, 104
148 565
14 108
12, 831
11,032
12 759
14, 748
12, 427
13, 574
14 624
16, 735
18, 473
13, 341
16 979
14, 714
* 184. 6
158.8
156. 8
148.1
139.5
130.9
128.0
125.1
130.9
142.4
146.7
146.7
146.7
163.9
Imports:
Value total 9
Sheep and lamb skins
Goat and kid skins
thous $
thous pieces
do
Prices, wholesale, f.o.b. shipping point:
Calfskins packer, heavy QH/lfi Ib
Hides, steer, heavy, native, over B3 Ib
Exports:
upper and lining leather
thous sq. ft
2
Prices, wholesale, f.o.b. tannery:
Sole bends, light
index, 1967=100
Upper, chrome calf, B and C grades
index 1967=100
24, 551 27, 871 25,475
140
126
136
1 423 1 619 1,708
.350
.280
166.8
5119 5
LEATHER MANUFACTURES
Shoes and slippers:
Production total
thous pairs
Shoes, sandals, and play shoes, except athletic
thous pairs
Slippers
do
Athletic
do
Other footwear
do
Exports
do
Prices, wholesale f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt
.index, 1967=100..
Women's oxfords, elk side upper, Goodvear
welt
_
. index, 1967=100
\Vomen's pumps low-medium Quality do
2
490 033
452 955
34 775
36 863
33 184
30 173
33 932
32 274
32 122
33 856
33 745
35 786 r34 130
39 000
2
386 636
2
91, 166
2
9 656
2
2, 575
355 147
85 502
9 890
2 416
26 185
7,612
805
173
26 830
8,941
923
169
25 110
7,027
803
244
24 254
5, 035
727
157
27 657
5,146
925
204
26 071
5,021
876
306
25 775
5,113
924
310
27 002
5,637
923
294
26 196
6,330
974
245
28 581 r 28
829
6,090 r 4, 338
'713
870
245
»-250
31 400
6,331
1,010
255
3,599
3 993
314
362
410
316
316
301
402
464
442
406
373
363
349
140.7
155.1
160.0
160.0
160.0
160.0
160.0
162.1
162.1
164.6
164.6
164.6
164.6
164.6
168.1
168.1
134.3
e 122 1
144.0
127 8
150.5
139 3
150. 5
132 3
150.5
132 3
150.5
132 3
150. 5
132 3
150.5
132 3
150.5
150.5
150.5
150.5
150.5
150.5
154.3
154.3
r
2
Revised.
* Crop estimate3 for the year.
Annual total reflects revisions not distributed
to the monthly data.
Average for 5Oct.-Dec.; not comparable
with prior periods.
4
6
Average
for
Jan.-July
and
Sept.-Dec.
Jan.-Apr.
average.
Apr.-Dec. average.
7
Nov. 1 estimate for 1975 crop
9 Includes data for items not shown separately.
1f Factory and warehouse stocks.
§ Effective Oct. 1974 SURVEY, data are restated to exclude stocks of crude coconut oil; comparable data prior to Aug. 73 will be shown later.
I Monthly revisions back to 1972 will be shown later.
SURVEY OF CURRENT BUSINESS
November 1975
1973
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1974
1974
Annual
S-31
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
LUMBER AND PRODUCTS
LUMBER— ALL TYPES 9
National Forest Products Association:
Production total
mil bd ft
Hardwoods
do
Softwoods
do _
Shipments total
Hardwoods
Softwoods
_
1 38,658 i 34, 928
6,955
7,008
27, 973
31, 650
2,736
523
2,213
2,691
540
2,151
2,194
465
1,729
1,930
424
1,506
2,072
381
1,691
2,148
336
1,812
2,480
395
2,085
2,779
428
2,351
2,849
435
2,414
2,814
492
2,322
2,797
471
2,326
2,914
511
2,403
»38.353 i 34, 276
6,634
7,130
31, 223 27, 642
2,584
481
2,103
2,658
480
2,178
2,265
428
1,837
1,978
375
1,603
2, 017
340
1,707
2,164
322
1,842
2,507
389
2,118
2, 843
443
2,400
2,820
456
2,364
2,739
459
2,280
2,820
444
2,376
2,851
505
2,346
4,457
459
3,998
5,109
780
4,329
5,196
669
4,527
5,229
729
4,500
5,160
768
4,392
5,109
780
4,329
5,137
858
4,279
5,123
874
4,249
5,064
842
4,222
5,000
827
4,173
5,052
806
4,246
5,124
836
4,288
5,101
863
4,238
5,165
870
4,295
1,959
9,537
1,668
7,249
100
569
139
530
98
414
87
361
86
337
112
377
233
536
130
571
113
589
125
671
155
677
151
431
142
422
8,936
679
7,367
316
502
389
577
393
537
352
476
316
657
497
508
443
728
543
635
567
598
462
674
509
682
581
551
532
724
549
do
_ __do _
do
9,074
8,874
935
7,777
7,730
982
623
578
1,058
594
573
1,079
540
578
1,041
453
512
982
534
476
1,040
550
562
1,028
608
628
1,008
599
611
996
684
703
977
654
627
1,004
590
610
984
619
600
1,003
715
707
1,011
do
do _
do
637
176
462
598
158
440
31
5
26
60
12
47
19
4
15
33
8
25
24
7
17
30
5
25
45
11
34
52
14
38
32
8
24
38
11
27
53
11
43
55
15
40
44
13
31
181.86
158.84
146. 22
135. 85
139. 09
133. 21
138. 40
146. 90
147. 29
156. 60
169. 67
161. 54
165.47
169.76
166. 79
i 7, 745
405
i 6, 899
344
473
369
549
365
413
322
401
344
546
373
511
383
599
431
629
427
533
403
569
401
627
391
647
408
i 7, 895
i 7, 775
1
7,
1
505
501
577
553
443
456
350
379
466
517
460
501
549
551
615
633
606
557
586
571
615
637
609
630
do _
do ._
do
_
Stocks (gross) , mill, end of period, total
Hardwoods
_ _ _ _ _
Softwoods
do
do
do
Exports total sawmill products
do
Imports, total sawmill products „._ _ _ _ _ _ do _.
SOFTWOODS
Douglas flr:
Orders new
Orders, unfilled, end of period
mil. bd ft
__do
Production.
_
Shipments
Stocks (gro^s) mill end of period
__
Exports total sawmill products
Sawed timber
Boards, planks, scantlings, etc
_
Prices, wholesale:
Dimension, construction, dried, 1" x 4", R. L.
$per M bd. ft..
Southern pine:
Orders, new
Orders, unfilled, end of period
Production
Shipments
mil. bd. ft_
do
_
do
do
Stocks (gross), mill and concentration yards, end
of period
mil. bd. ft
Exports, total sawmill products
1,148
1,309
1,327
1,351
1,338
1,309
1,258
1,217
1,215
1,197
1,246
1,261
1,239
1,218
94, 346
76, 276
7,610
5,199
2,689
7,626
4,220
3,509
3,115
7,593
5,244
5,175
6,414
3,930
198.2
188.4
174.9
160.6
158.2
152.0
144.7
147.9
150.8
160.5
174.0
174.7
174.5
170.8
171.5
171.4
186.2
229.2
236.2
236.2
228.5
228.5
228.5
228.5
230.7
230.7
231.8
230.7
225.2
225.2
225.2
220.9
mil. bd. ft
do
10, 456
556
8,788
392
672
408
777
460
551
424
489
392
587
471
507
441
663
496
791
523
720
470
748
484
869
546
740
513
936
560
do
_ _ _ do_.
10, 564
10, 455
8,973
8,952
767
713
636
725
528
587
498
521
465
508
505
537
612
608
753
764
794
773
735
734
805
807
823
773
852
889
1,323
1,344
1,515
1,426
1,367
1,344
1,301
1,269
1,273
1,262
1,283
1,284
1,282
1,332
1,295
179. 62
151.38
121. 26
100. 46
99.66
120. 06
126. 78
132. 83
150. 35
154. 31
173. 62
170.71
145. 95
141. 17
131.78
178.3
5.1
108.3
2.5
7.1
2.5
7.7
2.3
6.9
2.2
6.4
2.5
8.5
2.8
9.9
4.6
8.6
4.9
9.1
4.5
8.0
3.8
7.6
3.2
8.6
2.9
9.3
2.6
8.0
3.0
188.0
184.6
8.2
123.9
108. 5
19.2
7.7
7.2
19.4
8.4
7.8
20.0
7.0
7.2
19.8
6.8
6.3
19.2
7.6
7.9
19.0
6.6
8.1
17.4
7.1
8.2
16.3
8.9
9.4
15.4
8.5
8.3
15.7
8.0
8.1
14.9
9.2
8.2
15.9
8.4
9.0
15.4
7.9
7.4
15.8
M bd. ft
Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1967=100..
Flooring, C and better, F. G., 1" x 4", S. L.d*
1967=100..
Western pine:
Orders, new
_
Orders, unfilled, end of period
Production
Shipments
_
_ _
121
6, 960
160.09
Stocks (gross), mill, end of period
do
Price, wholesale, Ponderosa, boards, No. 3,1" x
12", R. L. (6' and over)
$ per M bd. ft
7,595
128. 87
HARDWOOD FLOORING
Oak:
Orders, new
Orders, unfilled, end of period
mil bd ft
do
Production
_ _
Shipments
_ _ _ _ _
Stocks (gross), mill, end of period
do
do _
do
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous sh tons
Scrap
- - - - _ - - _ _
do
Pig iron
_
do
i 4, 052
11, 256
15
5,833
8,696
101
346
562
6
387
630
7
296
593
4
470
628
4
289
720
2
257
685
7
282
779
10
270
871
13
268
1,065
6
256
1,005
4
270
836
2
271
809
2
202
771
3
Imports:
Steel mill products
Scrap
.
Pig iron
15, 150
391
459
15, 970
246
355
1,260
26
45
2,021
24
28
1,925
19
41
1,909
23
56
1,801
22
62
1,192
16
26
1,153
20
35
959
27
92
856
27
47
927
55
9
805
53
31
748
28
27
697
34
29
157,801 i 55, 250
i 44, 711 1i 51, 335
105, 483
103,589
1
7, 092 1 8, 408
4,441
4,341
8,527
8,129
4,804
4,430
9,138
8,190
4,436
4,023
8,338
8,290
4,097
3,661
7,767
8,181
4,337
3,595
8,362
7,916
4,087
3,344
7,785
7,597
4,376
3,635
8,169
7,431
4,231
3,428
7,488
7, 55 _>
4,000
3,219
6,879
7,920
3,664
3,008
6,324
8,279
3,411
2,443
5,748
8,403
P 3,570
p 2,408
p 6,107
p 8,250
______
_
do
do
do
Iron and Steel ScrapH
Production
Receipts, net .
Consumption
___
_
Stocks, end of period
...
thous sh tons
do
do
do
1
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$ per Ig. ton..
55.95
106. 22
Pittsburgh district
_
do
57.40
104.20
T
Revised.
» Preliminary.
1 Annual data; monthly revisions
9 Totals include data for types of lumber not shown separately.
1971 data are for flooring, B and better, F.G., I" x 4", S.L., beginning
for flooring, C and better, F.Q., 1" x 4", S.L.
111.39 112. 37 104. 44
116. 00 119. 00 101. 00
are not available.
d" Through March
April 1971, they are
63.54
83.33 76.99
68.61
81.13
80.47
82.06
82.35
56.04 64.89 74.34
63.00
77.50
81.00
81.50
72.00
83.50
84.50
82.50 69.00
56. 50 65.50
If Effective Jan. 1975, data reflect expanded sample and exclusion of direct-reduced or
prereduced iron.
SUKVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
November 1975
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous Ig tons
Shipments from mines
do
Imports
do
87, 669
90, 863
43,331
i 84. 676
i 85, 256
48, 029
8,516
8,823
4,230
8,646
9,005
4,912
6,417
7,463
4,611
5,832
7,427
4,760
5,635
4,134
4,245
5,319
2,421
2,712
5,823
2,437
2,975
6,619
5,906
4,019
8,005
8,454
4,027
8,023
9,455
4,738
7,682
9,070
4,692
8,013
9,116
3,472
4,534
U.S. and foreign ores and ore agglomerates:
Receipts at Iron and steel plants
do
Consumption at i ron and steel plants
do
Exports
do
132, 905
137, 073
2,747
128, 306
129, 078
2,323
12, 157
10, 340
21
13, 147
11, 005
335
11,449
9,766
265
12, 328
9,177
356
6,988
9,771
98
5,205
9,539
9
5,684
10, 672
95
8,944
9,781
152
12,989
9,182
297
12, 583
8,531
232
12, 495
7,825
232
11,342
7,949
192
10, 118
8,419
300
do
do
do
_ do
59, 905
10, 876
45, 990
3,039
57, 662
9,143
45, 247
3,272
53, 567
12.363
38, 264
2,940
55, 714
12,001
40, 406
3,307
56, 625
10,711
42, 089
3, 825
57, 662
9,143
45, 247
3,272
56, 622
10, 536
42,789
3,297
54, 949
13, 422
38, 468
3,059
52, 877
16, 80;)
33, 480
2,588
52, 299
17,444
32,644
2,211
55, 750
17, 014
36, 450
2,286
57, 594
14, 299
40,527
2,768
61, 166
12,916
45, 197
3,053
63, 855
11,723
48, 676
3,456
50, 376
4,170
do
916
851
94
92
103
112
79
40
108
138
116
84
77
88
51
100, 837
99, 816
i 1, 215
i 95, 909
i 96, 792
1763
7,713
7,808
918
8,187
8,319
860
7,250
7,369
787
6,731
6,715
722
7,350
7,372
709
7,116
7,248
656
8,071
8,050
766
7,432
7,398
828
6,990
6,915
886
6,239
6,236
944
5,968
5,884
1,059
6.031
p 6,048
p 1,123
75.24
122. 61
149. 88
150. 63
155. 75
169. 40
179. 88
179. 88
179. 88
182. 38
182. 38
182. 38
182. 38
182. 38
1,666
17, 047
9,008
1,416
15, 661
8,664
1,616
1,322
730
1,434
1,476
781
1,343
1,224
653
1,416
969
528
1,464
1,078
576
1,380
997
535
1,393
1,084
567
1,249
1,144
575
1,137
1,048
535
1,094
1,019
512
' 1, 105
••858
••459
1,094
990
534
147
1,031
616
133
912
553
168
76
46
153
85
50
135
77
42
133
59
33
116
66
37
112
59
33
103
55
34
91
63
37
87
62
36
81
61
35
'80
••50
'29
80
57
35
150,799
118.5
145,720
i 114. 5
11,849
113.3
12, 617
116.8
11,614
111.1
10, 960
101.4
11, 584
107.2
10, 862
111.3
11. 980
110.9
10, 667
102.0
9,864
91.3
8,744
83.6
8,370
77.5
8,648
80.0
929
1,894
1,566
1,527
2,091
1,739
1,581
173
149
1,518
192
165
1,569
169
144
1,527
170
147
1,428
182
157
1,424
160
134
1,295
181
146
1,232
183
147
1,133
174
138
1,081
165
132
' 1, 034
132
'106
957
126
104
1111,430 i 109,472
Stocks total end of period
At mines
At furnace yards
At U S. docks
Manganese (mn. content), general imports
Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous. sh. tons
Consumption
do
Stocks, end of period
do.
Price, basic furnace 1f
$ per sh. ton_.
Castings, gray iron:
Orders, unfilled, for sale, end of period
thous. sh. tons.
Shipments, total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of period
thous. sh. tons.
Shipments total
do
For sale
do
182. 38
182. 38
9,295
88.9
9,214
85.3
Steel, Raw and Semifinished
Steel (raw) :
Production ' . . _ _ ..
thous. sh. tons
Index
daily average 1967 = 100
Steel castings:
Orders, unfilled, for sale, end of period
thous. sh. tons.
Shipments total
do
For sale, total
do
Steel Mill Products
Steel products, net shipments:
Total (all grades)
thous sh
By product:
Semifinished products
Structural shapes (heavy) steel piling
Plates
Rails and accessories
8,601
9,374
8,431
7,353
8,324
6,978
7,204
6,955
6,394
6,178
5,757
6,327
do
do
do
do
i 5, 749
7,081
9,678
1,689
5,509
7,210
10, 919
1,785
432
560
882
132
402
611
919
170
405
537
857
152
343
489
791
140
373
608
843
165
334
515
855
160
374
594
939
175
330
566
904
184
319
446
859
184
292
381
705
172
279
343
643
171
291
380
618
146
Bars and tool steel total
Bars: Hot rolled (incl. light shapes)
Reinforcing
Cold
finished
do
do
do
do
i 18, 170
i 10, 763
i 5, 135
i 2, 161
i 18, 514
11, 061
i 5, 089
2,251
1,484
881
412
182
1,645
1,007
421
208
1,447
884
381
174
1,309
838
324
139
1,440
931
300
201
1,257
800
295
156
1,278
801
321
149
1,197
737
309
145
1,089
648
310
126
990
579
293
113
944
532
310
98
1,034
610
320
99
Pipe and tubing
\Vlre and wire products
Tin mill products
do
do
do
9,133
3,245
7,316
9,844
3,171
7,528
792
251
561
889
298
614
794
251
549
758
192
442
877
213
664
771
182
512
820
187
506
790
187
422
740
171
364
676
179
465
612
148
489
624
170
453
Sheets and strip (incl. electrical), total... do
Sheets- Hot rolled
do
Cold rolled
do
49, 370
16, 886
20, 377
i 44, 991
15, 774
18, 275
3,506
1,196
1,444
3,828
1,286
1,607
3,438
1,175
1,416
2,890
1,107
1,114
3,140
1,194
1,196
2,390
939
886
2,330
994
823
2,375
897
1,006
2,221
835
948
2,318
846
989
2,128
750
914
2,611
907
1,148
do
do
do
do
22, 705
11, 405
6,459
23, 217
i 23, 179
i 12, 270
i 6, 249
18, 928
5,534
3,147
1,447
4,886
5,314
2,821
1,310
4,854
4,873
2 635
1,149
3 045
3,711
2,375
914
3,776
2 1, 041
2668
2303
2 1, 135
21,114
Rail transportation
do
Machinery, industrial equip., tools
do
Containers, packaging, ship, materials... do
Other
do
3,228
6, 351
7,811
i 30, 254
3,417
6,440
8,218
i 30, 771
787
1,502
1,990
7,236
851
1,494
1,822
6,692
969
1,649
1,814
6,479
778
1,345
1,313
5,315
2232
2323
2500
21,555
2211
2360
2476
2 1, 687
11.2
83.6
81.2
13.7
81.5
79.0
12.6
6.9
6.7
12.5
7.3
7.4
12.9
6.9
6.5
13.7
6.0
5.2
13.8
6.0
5.9
13.9
5.1
5.0
13,8
5.1
5.2
13.3
5.0
5.5
12.7
4.5
5.1
12.4
4.9
5.2
12.0
4.3
4.7
'11.7
'4.7
5.0
6.6
7.4
6.1
6.4
7.0
7.4
7.6
7.9
8.3
8.4
8.0
7.7
'7.8
7.6
By market (quarterly shipments):
Service centers and distributors
Construction incl maintenance
Contractors' products
Automotive
tons
Steel mill products, inventories, end of period:
Consumers' (manufacturers only). .mil. sh. tons
Receipts during period
do...
Consumption during period
do...
Service centers (warehouses) f
do...
Producing mills:
7.7
8.2
9.7
8.2
7.7
In process (ingots, semifinished, etc.)
do...
5.1
4.7
7.4
5.6
4.8
Finished (sheets, plates, bars, pipe, etc.).do...
' Revised.
*> Preliminary.
» Annual data; rnonthly c r quarter ly revisi ons are not
available.
2 For month shown.
HEffective May 1973 SURVEY, prices are in terms of dollars per short ton.
f Revised series. Beginning in the Nov. 1974 SURVE y, steel m 11 inventories at se rvice cen ters
2659
2326
2 1, 493
11.9
5.7
5.5
9.8
10.8
10.8
10.6
5.6
6.1
6.4
6.3
reflec (beginn ng 1967) new sam pie pane 1 for the (Census "\Vholesaki Trade Ileport" imd (beginniiig 1962), revised iinit pric es for cori verting value of merchan ', wholes ilers' iro ri, steel,
etc., i nventori es to ton nage eqi.livalent. Monthly revision s for 19&2-72 are m p. S-I12, June
1975 £5URVEY.
7.7
5.6
7.7
5.3
8.1
5.6
9.4
6.0
9.9
6.3
10.2
6.4
SURVEY OF CURRENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-33
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
M>r.
May
June
July
Aug.
Sept.
Oct.
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons..
Recovery from scrap (aluminum content) do
Imports (general):
TVTptnl and alloys, crude A
Plates, sheets, etc
Exports:
Metal and alloys, crude...
Plates sheets bars etc
4,529
i 1, 147
4,903
1,089
401
93
417
103
405
89
416
76
394
89
324
82
347
97
326
100
327
86
'301
92
311
'80
308
91
do
_do ._
507.6
57.3
509.0
45.3
41.5
3.3
53.1
3.5
47.4
5.8
42.3
4.3
41.9
5.1
37.4
3.1
30.7
3.3
31.5
3.6
25.5
4.1
34.9
3.6
26.7
6.4
43.5
5.0
56.4
6.0
do ..
do
229.6
215.1
207.8
234.9
12.3
15.2
16.7
19.7
9.2
20.0
12.8
17.9
4.8
19.4
4.9
14.7
3.6
12.7
4.5
18.0
13.4
15.2
8.6
13.7
4.8
14.2
20.9
13.6
13.7
17.5
.2533
.3406
.3870
.3900
.3900
.3900
.3900
.3900
.3900
.3900
.3900
.3900
.3900
.4042
.4100
14,568
10,900
5,741
2,026
13,502
10, 466
5,626
1,760
1,002.5 1,087.0
829.9
836.7
447.2 443.9
145.7
160.9
870.4
693.8
362.8
127.9
761 0
616.3
342.7
100.5
739.6
640.8
343.0
121.2
715.8 r 678. 8
569.2
524.3
303.8 261.3
107.6
107.3
717.4
575.5
296.6
114.6
724.4
575.1
308.3
109.4
812.3 '811.8
608.7 ' 646. 5
332.7 ' 369. 7
109.2 '93.3
880.0
666.4
394.0
111.3
4, 559
4,650
4,869
5,156
5,535
5,589
5,866
5,940
6,092
6,086 ••6,070
6,038
132.2
121.3
100.7
20.6
37.0
144.3
165.6
136.5
29.1
41.0
135.4
148.6
127.2
21.4
33.0
134.7
139.7
119.8
19.9
33.0
131.1
148.6
131.5
17.0
30.0
117.6
129.0
112.4
16.6
28.0
117.4
128.4
114.4
14.0
27.0
123.0
125.7
115.1
10.5
29.0
126.7
127.3
115.1
12.2
24.0
111.3
120.2
108.5
11.6
25.0
Price, primary ingot, 99.5% minimum... $ per lb..
A luminum products:
Shipments:
Ingot and mill prod, (net ship.)
MIll products, total
Sheet and plate
Castings
mil. lb_.
do ...
do
do ...
Inventories, total (ingot, mill prod., and scrap),
5,156
4,366
end of period
mil. lb
Copper:
Production:
1,717.9 i 1,597.0
Mine, recoverable copper
thous. sh. tons
i 1,868. 5 11,654.7
Refinery, primary
do
From domestic ores
.do _ - . U,698.3 1 1, 420. 9
170.2 i 233. 8
From foreign ores
do
444.0
482.0
Secondary recovered as refined
do
Imports (general) :
Refined, unrefined, scrap (copper cont.).. do
Refined A
do
Exports:
"Refined nnd scrap A
do
Refined _ _ . .
do -.
95.3 '114.3
105.9
111.0
96.6
96.6
14.4
9.3
23.0
118.7
104.3
94.7
9.6
425.6
199.9
607.7
313.6
60.3
35.2
56.6
31.5
51.4
28.3
44.5
15.1
24.9
14.9
24.2
11.3
20.0
3.8
21.0
2.6
16.2
2.8
35.8
13.1
15.2
2.9
26.8
8.4
38.1
21.0
342.0
189.4
309.9
126.5
18.7
6.9
21.8
8.2
29.5
13.3
32.8
11.3
41.5
19.7
41.7
20.8
32.0
14.3
43.1
24.9
35.1
21.3
26.0
13.5
19.3
9.8
20.1
6.7
20.4
11.5
i 2, 444
Consumption, refined (by mills, etc.)
do
157
Stocks refined end of period
do
108
Fabricators'
do
Price, electrolytic (wirebars), dom., delivered
$ per lb-. .5948
Copper-base mill and foundry products, shipments
(quarterly total):
3,319
Brass mill products
mil lb
3,032
Copper wire mill products (copper cont.)-_.do
780
2,160
374
179
187
190
129
174
225
136
142
297
161
108
374
179
109
431
188
99
451
192
104
494
196
118
513
192
126
509
174
128
511
173
100
530
180
.7727
.8366
.7843
.7625
.7357
.6903
.6418
.6418
.6418
.6378
.6314
.6248
.6379
.6379
2,813
2,647
667
605
620
150
1 663. 9
631.5
50.2
54.3
65.3
58.4
53.5
56.4
54.4
56.8
55.5
47.3
52.6
43.6
58.4
50.0
55.9
46.3
53.2
51.6
50.7
45.6
37.7
46.0
'48.0
47.4
50.5
280.5
213.6
1,541.2 i 1,599.4
15.4
136.4
15.4
148.4
15.3
136.0
20.0
111.3
19.0
100.6
14.4
95.5
20.8
95.5
14.8
100.7
7.7
97.2
16.0
90.7
10.0
86.2
12.9
108.6
10.6
Lead:
Production:
Mine recoverable lead
thous sh tons
Recovered from scrap (lead cont )
do
Imports (general), ore (lead cont.), metal
Consumption total
do
do
Stocks, end of period:
Producers', ore, base bullion, and in process
(lead content) ARMS
thous sh tons
Refiners' (primary), refined and antlmonial
(lead content)
thous. sh. tons..
Consumers' (lead content) cf
do
Scrap (lead-base, purchased), all smelters
(gross weight)
thous sh tons
Price, common grade, delivered
$ per lb_.
Tin:
Imports (for consumption) :
Ore (tin content)
Metal, unwrought» unalloyed
Recovery from scrap total (tin cont )
As metal. _
Consumption, total
Primary
187.1
181.1
192.0
193.3
187.1
177.1
179.2
161.8
193.8
188.6
196.3
194.7
190.7
37.3
i 166. 6
21.1
177.7
20.1
170.8
24.6
167.8
37.2
154.5
54.9
160.0
73.0
144.1
96.1
136.0
101.1
120.7
102.9
122.5
109.3
115.5
110.0
115.9
99.3
116.1
85.6
184.3
.1628
85.3
.2253
108.0
.2450
107.8
.2450
101.3
.2450
85.3
.2450
83.2
.2450
81.5
.2450
92.2
.2450
89.5
.2450
77.9
.2334
77.4
.1900
80.8
.1900
84.4
.1956
.2000
4,480
5,877
45, 845
39, 602
i 20, 477 i 19, 214
i 2, 012 1 1, 989
i 74, 640 i 64, 742
i 58, 142 151,611
903
5,083
1,245
140
5, 525
4,280
152
2,964
1,085
175
6,050
4,780
578
3,739
895
145
4,100
3,390
466
4,302
1,130
230
4,215
3,000
76
7,807
1,090
225
3,810
3,225
572
2,386
1,040
180
4,770
3,525
1,019
3,360
1,065
240
4,765
3,920
521
5,777
1,130
195
4,975
3,790
522
2,342
1,040
205
4,325
3,275
0
3,361
1,005
210
4,240
3,130
848
1,725
820
155
3,750
2,970
183
2,300
508
3,272
230
9,645
4. 1592
100
9,840
3. 6533
57
10, 205
3. 7096
301
10,442
3. 5187
1,536
11, 685
3. 6376
92
12, 910
3.7203
596
10. 170
3.6604
96
10, 812
3. 5410
341
253
67
11,062 10. 874 9,019
3. 4254 3. 4248 3.3332
153
8,989
3. 3185
8,415
10, 442
3. 9575
thous. sh. tons-
.2000
4,230
3,050
478.8
1499.9
39.3
42.9
41.5
41.1
42.3
39.4
41.8
40.5
40.5
39.7
37.1
39.3
do
do
199.1
588.7
240.0
539.5
21.5
42.6
15.3
67.6
31.5
46.4
22.0
40.7
22.1
40.1
10.5
18.4
13.5
21.0
12.1
16.2
14.4
14.9
12.2
24.2
12.1
17.5
7.7
22.6
do
do
i 129. 7
i 298. 3
i 127. 1
i 258. 2
13.1
25.2
12.2
25.0
9.9
23.4
6.6
20.8
5.8
23.0
6.0
21.8
6.3
21.2
5.1
21.2
6.2
21.0
8.2
17.9
8.5
18.1
8.3
18.3
45.4
4.5
76.3
.8
45.8
6.3
78.9
l-.l
38.3
6.7
68.4
.9
39.6
5.5
67.3
2.2
38.6
4.2
70.6
.7
30.1
4.0
68.3
1.6
27.6
2.1
72.1
(2)
25.3
1.5
67.9
(2)
25.6
2.4
83.2
.1
Slab zinc: §
Production (primary smelter), from domestic
i 583. 5 i 555. 2
47.0
41.1
43.8
and foreign ores
thous sh tons
183.2
178.5
6.1
4.5
5.1
Secondary (redistilled) production
._do
i 1, 503.9 i 1,287. 7 111.7
108.6
90.5
Consumption, fabricators..
do
14.6
19.1
.2
.2
Exports
_
do
.7
Stocks, end of period:
»20.8
122.9
20.3
22.3
30.9
Producers', at smelter (ZI)O
do
1114.3 i 210. 7 164.2
Consumers'
do
176.5
183.3
.2066
.3594
Price, Prime Western
$perlb..
.3933
.3926
.3923
T
Revised.
* Preliminary.
» Annual data; me nthly re-v isions are not aval lable.
J
Less than 50 tons.
A Effective Jan. 1974 includes items not covere<3 in earli<jr periods : Alumirmm— pi i)es,
tubes, blanks, etc.; copper—imports of alloyed refined, and exports of ores, c oncentra tes,
.6379
496
524
132
26.1
124.1
3,407
9,979
2. 2748
Consumption (recoverable zinc content):
Ores
Scrap, all types
439
471
131
157.5
do
do
$ per lb.
Exports, incl. reexports (metal) t
Stocks pig (industrial) end of period
Price, pig, Straits (N.Y.), prompt
Zinc:
Mine prod., recoverable zinc
Imports (general) :
Ores (zinc content)
Metal (slab, blocks)
Ig tons
do
do
do
do
do
603.0
i 654. 3
513
522
144
.4100
48
3. 2277
3. 2195
10.5
42.0
(2)
54.0
73.5
42.9
61.0
115.7
86.0
108.6
108.0
64.4
90.5
116.0
147.2
196.4
161.4
95.3
178.8
126.8
192.3
114.0
103.3
. 3889 . 3896
.3892 .3890
.3924
.3893 .3894
.3894
.3915
.3911
.3895
blister , etc.
§ All da ta (excep t annual product on figur BS) reflec t GSA re melted zinc and
zinc purchased for direc t shipment.
pcondary
icludes
s
smelters ' lead str>cks in re finery sh apes anc in coppe»,r-base scrap,
rfli
t E f fective \v ith the i*.ug. 1974 SURVEYr, data re vised to omit ex ports of wrought tin and
tin allc>ys.
G) Producers' stocl cs elsewh ere, end of Oct. 1975, 24, 2()0 tons.
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1974
1973
Annual
November 1975
1974
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
METALS AND MANUFACTURES—Continued
MACHINERY AND EQUIPMENT
Heating, combustion, atmosphere equipment, new
orders (domestic), net, qtrly 9
.
mil. $_
Electric processing heating equip.
do
Fuel-fired processing heating equip
do
128. 6
19.9
75.8
p 154. 3
23.8
P91.1
'35.4
6.6
'18.2
Material handling equipment (industrial):
Orders (new), index, seas, adj H -.1967 = 100..
190.3
202.7
252.1
182.6
150.4
151.1
126.8
133.2
133.7
127.2
125.9
126.1
133.5
132.6
21,387
21, 917
22, 661
26, 048
1,987
2,067
2,190
2,685
1,955
2,482
2, 155
2,542
1,626
2,195
1,690
2,233
1,549
2,148
1,431
1,946
1,199
1,762
1,046
1,496
802
1,223
825
1,029
1,067
1,249
52, 014
55, 124
4,357
5,368
4,247
4,062
3,756
3,509
3,551
3,224
3,250
2,781
2,011
2,479
2,557
Industrial trucks (electric), shipments:
Hand (motorized)
_ ._
number
Rider-type
_
_ _ _ -_
- dO-_
Industrial trucks and tractors (internal combustion
engines), shipments
number
Industrial supplies, machinery and equipment:
New orders index, seas, adjusted-.. 1967-69=100..
Industrial suppliers distribution:
Sales index, seas, adjusted!
1967=100
Price index, not seas. adj. (tools, material handling
equip., valves, fittings, abrasives, fasteners,
metal products etc.)*
1967=100
Machine tools:
Metal cutting type tools:
Orders, new (net), total
Domestic
Shipments, total
_
Domestic
Order backlog, end of period
Metal forming type tools:
Orders new (net), total
Domestic
Shipments, total
Domestic
Order backlog, end of period. .
40.8
19.2
9.8
36.6
9.9
17.7
36.7
4.2
23.3
33 6
6.2
12.3
149.7
176.5
187.5
181.2
165.7
151.5
147.1
150.1
141.9
131.6
132.2
134.6
136.3
139.6
167.8
177.4
185.2
185. 5
167.2
172.5
170.8
161.8
164.6
165.2
162.2
164.2
166.3
126.9
146.6
155.9
160.7
161.5
162.9
165.0
166.9
167.8
168.4
168.7
169.4
170.2
170.5 ' 170. 6
mil. $_ 1,825.45 2, 017. 05 144. 10
1, 550. 40 1,715.65 118. 20
do
do - 1, 073. 75 1, 445. 85 151. 35
935. 05 1,241.35 127.55
do
.do
1, 453. 7 2, 025. 2 2, 169. 4
127.75
99.55
129.05
108.45
2,168.1
do
do
do
do
do
787. 20
717. 20
427. 25
388. 05
620.6
485. 20
405. 85
684. 70
521. 80
521.2
Tractors used in construction, shipments, qtrly:
i 24, 872 i 23.623
Tracklaying total
units
i 835. 1
mil. $.. 2i 690. 6
Wheel (contractors' off-highway)
units. . 6, 273 2 5, 600
mil. $.. 2244.8 2255.6
Tractor shovel loaders (integral units only), wheel
and tracklaying types
units
53, 608 551,573
mil. $.. * 939. 5 * 1,135.1
Tractors, wheel, farm, nonfarm (ex. garden and
construction types) ship qtrly
units i 212,072 5 233, 842
mil. $.. 1,322.8 5 1,785. 3
49.60
44.45
45.10
40.30
642.9
42.65
33.50
62.80
57.05
622.8
90.95
59. 30
45.15
74. 55
128.90 164. 30
110. 05 138.20
2,130.2 2, 025. 2
-11.30
-14.50
51.60
48.35
559.9
18.15
12.85
56.85
49. 45
521.2
61.85
46.65
67.75
40.90
51.05
55.75
123.35 151. 90 178.55
103.55 124. 60 147.25
1,909.6 1, 864. 4 1,747.7
15.55
8.90
52.80
44.75
484.0
15.95
10.45
64.65
53.60
435.3
17.35
13.05
65.00
52.80
387.6
81.60 82.45
76.80
73.60
67.35
60.10
177. 10 171. 20 179 70
150. 20 139. 15 154. 10
1,647.4 1,557.8 1,460.6
19.25
14.20
43.10
36.95
363.8
19.35
12.50
45.15
39. 50
338.0
36.25
27.35
39.90
34.85
334.4
' 144. 6 147.8
72.80
76.95
58.85
65.30
149. 05 121. 85
116.80 101. 95
1,388.5 1, 339. 4
17.45
15.00
33 35
27.65
318.5
167.4
170.8
P 90. 55
' 85. 45 P 78. 55
r 91. 60
r 170.00 P 160.35
' 143.10 p 131. 15
1,261.0 P 1,191.2
29.95 ' 19. 70 P 30. 25
24.60 ' 17. 35 p 27. 00
51.80 r 40. 75 p 47. 85
43.20 ' 34. 45 p 43. 40
296.6 ' 275. 6 p 258. 0
5,122
189.4
21,432
267.0
6,487
280 6
2 1, 228
265.0
5,611
276 5
1,219
73.6
512,104
5 275. 1
s 13,131
5 327.5
10, 203
280.5
10, 868
323.4
s 52,825
« 407. 4
557 987
5 501 9
61.971
582 2
65,411 3 13,447 3 11,507
644.7 3 132. 6 3116.7
5,570 31,651
293.1 388.5
1,302
86.2
161.6
3 1, 526
384.0
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments
thous..
Radio sets, production, total market cf
thous..
Television sets (incl. combination models), production, total market cf
thous.Household major appliances (electrical) , factory shipments (domestic and export)* 9
thous..
Alr conditioners (room).
do
Dishwashers
do
Disposers (food waste)
do
Ranges
do
Refrigerators.. _
do
Freezers*
do
Washers. .
do
Dryers (incl. gas)
do
2,463
2,865
3,573
4,432
3, 072
3,418
3,178
4 3, 696
3,271
751
<943
765
919
< 1, 293
1,069
2,060
378.8
211.8
164.2
160.2
338.9
216.9
319.8
208.4
9
2 549 4
2,174
446.5
207.8
141.6
154.6
390.0
212.8
354.4
198.2
2,367
343.5
229.0
183.7
186.2
486.4
234.9
384.2
234.0
2,270
147.0
195. 4
191.3
176.6
516.3
276.4
403.4
250.9
101 690
2,106
71.6
227.1
178.7
178.6
417.6
272.4
424.3
288.1
2,243
27.4
253.1
206.5
187.2
464.8
242.9
480.5
345.8
2,246
101.0
318.1
214.6
198.3
456.6
184.8
429.1
315.5
79.3
134.0
268.1
79.0
125.0
234.3
85.5
151.0
207.8
92.8
118.7
226.2
'96.5
' 134. 3
' 206. 8
123.6
148.3
225.6
43, 453
44, 408
4,524
4,760
3,960
3,811
2,868
2,504
2,550
2,570
2,487
50, 198
43, 993 4 5, 128
4,020
4,058
« 3, 940
2,514
2,143
42,653
3,034
2,380
17, 367
15, 279
1,263
1,297
« 1,029
779
729
<762
769
35,046
5,346
3,702
2,974
3,430
6,774
2.415
5,504
4,256
1
9, 124
31, 680 8 2, 577
134.4
4,564
298.4
3,316
206.2
2,555
231.1
2,925
5,982
542.8
304.1
3,220
475.2
4,952
3,580
350.8
8,470
830.4
8 2, 567
140.4
302.3
' 204. 3
r 233. 0
524.5
339.1
' 443. 3
352. 8
726.0
1,896
140.9
248.9
187.4
190.8
339.9
302.4
249.6
221.8
589.1
1,823
264.7
225 1
181.4
201.8
343.5
262.8
185. 8
151. 9
453.7
« 1, 664
259.6
192.7
147.6
145.4
228.2
223.0
248.2
185.6
1,754
264.1
176.1
138.4
137.1
271.5
210.6
300.7
210.0
1, 970
337.4
186.8
160.8
150.0
339. 1
207.2
315.6
215.6
149.7
165.7
190.8
111.2
136.3
178.5
92.5
139.6
178.3
86.5
95.8
215.1
78.4
114.2
204.5
82.7
141.4
233.8
4 1, 474
4
GAS EQUIPMENT (RESIDENTIAL)
Furnaces, gravity and forced-air, shipments, thous..
Ranges, total, sales..
do
Water heaters (storage), automatic, sales
do
1,476
1,950
2,569
1,720
2,481
3,080
139.1
184.8
156.0
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production J.__
...thous. sh. tonsExports
do
Price, wholesale, chestnut, f.o.b. car at mine
$ persh. ton..
Bituminous:
Prnrlnptlrm t
*Vi«nc oV» f^ne
6,830
717
20.044
Km
»7OQ
6, 617
735
516
37
'641
78
585
104
600
89
520
39
445
44
540
32
270
68
470
15
525
66
460
89
530
45
495
102
555
29. 972
34. 116
35.464
41.711
41.711
41.711
41. 711
41. 711
41. 711
46. 428
46. 428
46. 428
46.428
46. 428
46. 428
cm AAA
co XTA
Rt\ nc\i
oa Ko/i
an nan
K.A oat;
t;i iQt;
£1 ain
« 135;
** V7(\
*.^ 73ft
& sfin
4Q 345
55. 660
1
r
Revised.
v Preliminary.
1 Annual data; monthly or quarterly
revisions not avail.
2
4
Excludes figures for rubber-tired dozers.
3 r or m0 nth shown.
Data cover 5 weeks;
other periods, 4 weeks.
5 Beginning 1st qtr. 1974, tractor shovel-loader class excludes
shipments of tractor shovel-lpader/backhoes (front engine mount); of this type, data for the
tractor chassis only are now included in the wheel tractor
class (year 1974 data, 22,235 units
7
valued at $153.1 mil.).
« Data are for 6 weeks.
Reflects unusually large cancellations
for Nov. 1974, mostly in the automotive industry.
• Effective Jan. 1975 (and for corresponding restated year-ago month), the total includes shipments of trash compactors; data for compactors are not included in annual totals or in figures for other months of 1974.
» Jan.-Apr.
1° May-July.
t Effective June 1973 SURVEY, index revised back to 1970.
^Revised data for Jan. 1971-Apr. 1973 are in the Jan. 1975 SURVEY. Subsequent revisions
(beginning Jan. 1974) incorporate gross new orders from all reporting groups, comparable
with data prior to 1974. See Aug. 1975 SURVEY.
^Effective Jan. 1973, data reflect total market as follows: Sets produced in the United States,
imports by U.S. manufacturers for sale under their brand name and, beginning 1973, sets imported directly for resale.
9 Includes data not shown separately.
* Price index (Natl. and Southern Industrial Distributors Associations), based on U.b.
Dept. Labor prices of 10 industrial supply/equipment prod, groups weighted according to
survey of Assn. members' distributors sales (series avail, back to 1967). Appliances (Assn.
of Home Appliance Manufacturers).
{Monthly revisions back to 1972 will be shown later.
SURVEY OF CUERENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-35
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
PETROLEUM, COAL, AND PRODUCTS—Continued
COAL— Continued
Bituminous— Continued I
Industrial consumption and retail deliveries,
total 9
thous sh tons
Electric power utilities
do
Mfg and mining industries, total
do._.
Coke plants (oven and beehive)
. do
Retail deliveries to other consumers
do
Stocks, industrial and retail dealers', end of period,
total
thous sh. tons
Electric power utilities. _ _
do
Mfg. and mining industries, total ._ _ _ _ d o
Oven-coke plants
do
Retail dealers
do
556, 022
386, 879
160, 827
93, 634
552, 709
390, 068
153, 721
89, 747
43, 844
30, 756
12, 319
7,534
45, 868
31, 904
13, 416
7,711
44, 598
32, 002
11,761
6,581
47, 521
34, 961
11, 605
6,135
49, 669
35, 547
13,001
7,295
45, 725
31, 982
13, 052
7,031
47, 396
32,833
13, 860
7,880
43,753
30, 333
13,021
7,427
8,200
8,840
760
810
820
950
1,121
690
703
396
103,022
85, 512
17,220
6,875
95, 528
82, 631
12,617
6,037
109,173 118,670 109,192
91, 528 99, 422 93, 272
17, 125 18, 738 15, 576
7,115
8,348
7,246
95, 528
82, 631
12, 617
6,037
95, 158
81, 693
13, 252
7,140
97, 164
80, 026
16, 813
8,010
290
280
52, 870
do
Index, 1967 = 100. . 222.5
Exports
Price, wholesale*...
97,904 102, 745
80, 859 85, 692
16, 766 16, 793
8,980
8,665
42,683 r 44,887
30,128 ' 33,120
12,268 11,429
7,282
7,081
283
335
47, 485
36, 186
10, 811
6,627
486
109,796 ••115,041 109, 313
92,054 r 96,839 92, 995
17, 428 17, 796 15, 884
9,603 10, 009
8,126
520
510
344
280
213
325
279
260
314
379
434
59, 926 / 4, 893
339. 5 1 379.1
7,342
402.6
6,744
402.5
2,587
435.4
4,254
435.9
4,470
415.4
5,653
391.8
6,159
390.8
7,011
389.6
6,269
386.0
4,691
382.0
5,859
377.3
4,427
4,529
372.4
370.2
COKE
Production:
Beehive
Oven (byproduct)
Petroleum coke§
Stocks, end of period:
Oven-coke plants, total
At furnace plants
At merchant plants.
Petroleum coke
- _
thous. sh. tons..
do-_.
- do
2829
63, 496
26, 458
2792
2 60, 737
24, 749
66
5, 056
2,038
69
5,214
2,066
64
4,427
1,975
62
4,067
2,192
65
4,924
2,178
68
4,750
1,965
67
5,324
2,104
67
5,030
2,043
56
[
52
4,765
2,140
52
4,532
2,259
do _
do
do.. .
do
1,184
1,113
71
1,995
935
910
25
1,084
1,321
1,293
28
1,306
1,298
1,269
29
1,294
1,064
1,033
31
1,243
935
910
25
1,084
1,054
1,025
29
1,077
1,262
1,219
43
1,090
1,442
1,372
70
1,142
1,733
1,634
99
1,191
2,261
2,131
131
1,211
2,889
2,741
148
1,216
r 3, 522
•• 3, 323
199
1,283
3,867
3,654
do
1,395
1,278
44
99
107
65
105
127
109
132
133
138
105
89
117
12,718
211.8
4,631.6
387
1,200
225.4
380.0
86
1,131
226.2
398.3
87
1,088
231. 0
386.0
87
1,339
223.0
404.9
88
1,299
223.1
395.8
85
1,097
228.6
353.9
85
1,341
230.2
384.3
83
1,181
232.2
368.3
82
1,100
234.2
384.7
83
1,246
256. 0
385.6
86
1,229
250.4
414.9
89
1,272
256.1
1,504
256.1
257.8
Exports
53
213
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed .
Price, wholesale*
Runs to stills O
Reflnery operating ratio
2 9, 902
.
number
126.0
_Index, 1967=100
mil. bbl.. 4, 537. 3
91
% of capacity--
All oils, supply, demand, and stocks:
New supply, total (ft
mil. bbl_.
Production:
Crudo petroleum t
do
Natural-gas plnnt liquids^ . . . . . do
Imports:
Crude and unfinished oils
do
Refined products! _ _
. .do. ..
3
6,289.5
6, 050. 7
489.4
509.4
509.6
517.8
525.1
460.0
492.6
454.4
470.9
465.1
495.3
3, 360. 9
645.1
3, 199. 3
629.2
6 252. 9
50.1
« 267. 1
53.2
5 257. 1
51.8
« 263. 9
52.7
261.6
51.5
240.1
46.9
262.8
52.2
253.2
50.2
259.5
50.9
252.3
50.6
258.1
51.8
1,234.2
1,049.3
1,313.4
908.8
115.4
65.3
120.4
70.3
120.7
79.1
122.2
84.0
125.8
86.2
108.5
64.4
114.7
63.0
102.2
48.8
108.9
51.6
118.4
43.8
131.3
54.1
1,633
do
49.3
65.3
12.9
-8.2
-2.3
«-22.0
-12.9
-9.9
-19.2
12.2
1.8
15.2
do
6,401.7
6, 150. 0
484.9
534.6
522.0
565.1
564.5
485.3
512.4
486.9
474.9
475.1
494.4
do
do
.7
83.7
1.1
79.4
0
5.1
0
6.8
0
5.6
0
7.2
.8
6.2
.9
6.0
.3
6.3
0)
5.7
0
6.3
0
6.7
0
5.8
Domestic product demand, total 9 ©t- - do
Oasolinef
do
Kerosene
do
6,317.3
2, 452. 7
78.9
6, 069. 5
2, 402. 4
64.4
479.8
193.0
4.1
527.8
209.7
6.0
516.4
197.6
5.9
557.9
204.3
7.6
557.5
193.4
6.8
478.4
171.7
7.1
505.8
197.1
5.2
481.2
202.7
4.4
468.6
214.1
3.0
468.3
213.5
4.0
488.6
219.7
3.0
do
do
do
1, 128. 7
1,030.2
386.6
1,072.8
957.8
362.6
71.3
73.6
33.3
88.8
80.9
31.3
94.4
84.6
31.0
119.5
91.9
32.3
122.5
100.5
32.3
106.5
79.8
30.1
102.1
82.7
30.4
92.8
66.8
30.2
73.9
63.5
30.3
68.0
65.4
29.7
65.5
69.4
29.6
do
do
do
59.2
182.6
528.8
56.7
168.7
512.8
4.9
19.2
40.2
5.0
19.4
45.7
4.4
12.1
47.4
4.4
6.7
52.0
4.5
5.6
52.5
3.2
5.3
41.9
3.2
6.1
43.0
4.3
9.1
36.8
4.2
12.7
30.7
4.5
17.1
29.7
4.2
18.3
36.5
do
1, 008. 3
242.5
107.0
658.8
«1,121.1 1,113.8 1, 105. 7 1, 103. 3
265.0
266.7
269.4
271.1
113.6
118.6
118.4
117.2
* 742. 5
728.5
717.8
715.0
41,121.1
265.0
113.6
* 742. 5
1,099.1
270.5
105.3
723.4
1,086.2 1, 076. 4
280.0
276.8
110.5
106.8
685.9
702.7
1,057.2
281.9
114.1
661.2
2, 401. 9
1.7
213.4
2, 337. 5
1.0
* 228. 3
195.6
0)
230.7
197.8
0)
224.1
190.1
0)
221.9
200.1
.2
4 228. 3
203.0
0)
245.9
176.7
.3
255.4
189.2
0)
252.1
182.3
0)
235.7
191.1
0)
217.0
201.2
0)
210.0
218.5
0)
215.2
109.9
178.4
197.4
196.2
186.7
184.9
187.0
189.1
191.1
193.3
199.0
206.8
215.5
228.9
233.7
255.5
.269
.404
.430
.409
.407
.412
.423
.422
.425
.428
.438
.452
.474
.480
.480
.481
16.4
.2
3.9
15.9
.1
'3.5
1.9
0)
3.6
1.3
(')
3.3
1.3
0)
3.5
1.0
(l)
<3.5
1.1
0)
3.6
.9
.9
0)
3.0
1.1
0)
3.0
1.1
1.3
0)
3.5
.9
0)
3.3
0)
2.9
0)
80.1
21.0
56.9
<16.9
4.1
17.1
5.8
17.0
5,4
16.7
6.0
416.9
6.1
16.5
5.7
15.3
4.9
15.2
4.5
15.3
4.2
16.5
2.8
15.4
3.7
16.0
128.0
226.7
256.8
254.7
261.4
Revised.
i Less than 50 thousand barrels.
» Reflects revisions not available by
months.
nthc
3 Beginning Jan. 1974, data may reflect input of lease condensate, natural gas plant
257.9
Change in stocks, nl! oils (decrease,—)
Demand, total©t
Exports:
Crude petroleum
Refined productst
Distillate fuel ollt
Residual fuel ollt
Jet fuelt
.
-
- -
Lubricantst- - Asphalt
Liquefied gasest
Stocks, end of period, total
Unfinished oils, natural gasoline, etc... do
Refined products
do
Refined petroleum products:
Gasoline (incl. aviation):
Production
do
Stocks, end of period
do
Prices (excl. aviation):
Wholesale, regular*
Index, 2/73=100
Retail (regular grade, excl. taxes), 55 cities
(mid-month) If
$ per gal_.
Aviation gasoline:
Production
mil. bbl
Exportst
do
Stocks, end of period
do
Kerosene:
Production
do
Price, wholesale (light distillate)"*
Index, 1967=100..
a later date.
• Not comparable with earlier periods" See note Tfor'this page!"
9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke.
-29.7
1,069.4 1,071.2 1, 086. 4
281.0
276.1
264.2
121.2
119.9
116.3
667.2
675.1
705.9
2.7
267.2
253.7
274.9
273.6
280.6
284.6
299.1 297.9 299.4
283.7
cf Includes small amounts of "other hydrocarbons and hydrogen refinery input," not
shown separately.
% Monthly revisions back to 1972 will be shown later.
© Beginning March 1974 SURVEY, data are restated to account for processing gain and
crude losses not previously included; comparable data for earlier periods will be shown later.
©Effective with Jan. 1974 data, series known as " Gross input to crude oil distillation units";
see note 3 for this page.
*New Series. The source has discontinued prices for the former
specification. Comparable indexes for earlier periods will be shown later. For gasoline and
kerosene see also similar note on p. S-36.
^Beginning June 1975 SURVEY, the prices for all
months have been transferred forward (i.e., Dec. price moved into Jan. period) since they are
for "mid-month" instead of "1st of month" as formerly.
SURVEY OF CURRENT BUSINESS
S-36
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973
1974 P
Annual
November 1975
1975
1974
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Reflned petroleum products — Continued
Distillate fuel oil:
1, 030. 2
Production
mil. bbl
143.1
Imports!
do. _
3.2
Exports
do
196.5
Stocks end of period
do
Price, wholesale (middle distillate)* _ . . . . .
139.7
Index, 1967=100...
Residual fuel oil:
354.6
Production
mil. bbl
676.2
Imports!
do
8.5
Exports!
do
53.5
Stocks end of period
do
190.4
Price wholesale*
Index 1967—100
Jet fuel:
Production
Stocks end of period
mil bbl
do
Lubricants:
Production
Exports!
Stocks end of period
do
do
do
Asphalt:
Production
Stocks end of period
mil. bbl
do
76.6
4.3
83.7
6.6
(2)
(2)
974.0
102.5
.9
* 223. 8
208.3
209.9
84.0
90.7
16.0
13.3
.1
.l
212.9 * 223. 8
88.4
10.0
199.8
75 0
8.5
1
176.7
(2)
78.5
7.9
75 4
4.2
77 2
2.0
(2)
(2)
80.3
3.3
161.1
74 6
3.3
1
146.3
152.1
163.3
181.5
(2)
(2)
272.0
298.8
297. 9
296.0
300.1
299.1
297.5
294.6
294.9
296.1
301.3
308.3
312.9
318.2
322.9
390.5
573.8
5.0
<74.9
485 4
31.0
42.0
.5
60.3
449 4
34.1
45.4
5
58.7
519 5
36.9
49.1
.2
60.4
506.6
41.4
50.0
.5
*74.9
514 8
43.9
51.0
.5
69.2
604 4
37.9
39.3
5
66 5
515 8
40.3
40.1
3
64.1
528.2
37.3
31.4
.2
66.3
534 6
35.7
34.8
2
73.5
491 3
34.6
27.1
.6
69.7
489 3
35.8
35.5
.5
71.5
479 9
473.3
458.1
461 8
305.1
29. 8
26.0
30.2
26 9
30.6
25.9
29.6
26.7
<29.8
25.8
30.3
23 4
29.1
27.8
30.5
25.9
30.3
26 7
30.7
25.2
29.3
27.4
29.8
70.7
11 9
16.1
5.8
.8
14.7
5.9
.9
14.9
5.8
1.0
15.4
5.8
8
16. 1
4.9
.8
15.7
3.7
8
15.5
4.6
6
16.5
4.4
.7
16.0
4.5
10
15.4
4.6
.7
14.9
4.8
.9
14.7
167.9
15 0
164.2
«21 6
15.6
17 3
16.8
15 4
13.3
17.0
10.8
<21. 6
8 2
24.4
7.5
26 9
9 2
30 2
9.4
30.7
13.1
31.6
14.4
29.6
16.6
28.4
583.9
447 0
136.8
98 6
571.3
447 9
123.3
* 112 5
45.9
35.5
10.4
131 3
48.6
38 4
10.2
128 9
46.5
47.4
37.5
38 6
9.0
8.9
122 4 * 112. 5
47.6
38.0
9.5
102.8
43.0
34.7
8.3
98 5
47.4
38 7
8.7
97.1
44.9
36.7
8.2
101 4
46.2
37.0
9.3
111 7
45.5
35.8
9.7
124.1
47.6
37.2
10.4
131.2
313.7
28.5
4
68.7
12.7
12.2
4
4
Liquefied gases (inch ethane and ethylene) :
Production, total
At gas processing plants (L P O )
At refineries (L R G )
Stocks (at plants and refineries)
mil bbl
do
do
do
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks, end of period
Wnste paper:
Consumption
Stocks end of period
Production:
thous. cords (128 cu. ft.)._ " 73, 493 " 77, 302
do
" 73, 596 r 74, 459
do
••4,686 " 7, 238
6,428
6,033
6,975
7,175
6,594
7,629
6,234
6,019
7,521
5,945
5,505
7,995
5,809
5,868
7,994
5,384
5,325
7,702
5,056
5,527
7,477
4,802
5,059
6,764
5,073
5,155
6,372
5,027
5,244
5,834
5,010
6,330
5,476
6,346
12, 374 " 12, 106
516
848
958
821
998
879
844
877
649
848
740
787
693
826
699
795
770
775
744
755
750
744
696
752
111
724
' 48, 327 " 48, 417
1,637 " 1, 723
" 33, 045 " 33, 010
" 2, 184 r 2, 210
3,867
148
2,565
191
4,334
161
2,920
199
3,918
152
2,699
198
3,372
125
2,286
192
3,727
138
3 2, 568
203
"4,711
" 2, 729
r 4, 035
340
282
343
369
333
353
370
210
288
347
198
225
365
203
3250
339
211
250
362
. (£)
277
330
(•)
262
327
(5)
111
342
(6)
272
360
(«)
263
397
(6)
315
r
thous sh tons
do
WOODPULP
Dissolving and special alpha
Sulfate
Sulflte
do
do
do
Groundwood
do
Defibrated or exploded, screenings, etc_-_do
Soda and semlchemical
do
" 4, 670
" 2, 740
" 4, 052
3,401 s 3, 221 5 3, 076 5 3, 215 c 3, 208 s 3, 171 s 3, 569
107
88
106
111
126
117
95
2,583
2,334
2,307
2,359
2,305
2,289
2,240
166
153
146
149
170
176
148
Stocks, end of period:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills
do
do
do
do
••380
413
81
1. 177
"440
"637
100
749
299
380
71
654
152
415
88
697 " 1, 177
"440
162
441
"637
100
94
964
351
526
86
934
423
434
78
1,179
630
470
78
1,222
655
494
73
1,271
719
489
63
1,258
710
484
63
1,231
682
475
74
1,141
611
464
66
Exports, all grades, total
Dissolving and special alpha
All other.
do
do
do
2,344
736
1,607
12,802
788
i 2, 015
221
59
162
216
67
149
215
69
146
259
66
193
260
74
185
261
69
192
255
75
180
184
47
137
205
66
140
208
36
173
183
58
124
218
55
163
207
59
149
Imports, all grades total
Dissolving and special alpha
All other
do
do
do
3,993
177
3,816
1
308
17
290
384
35
349
297
9
288
312
16
296
267
9
258
238
9
229
296
17
278
248
5
243
245
10
235
278
24
254
267
11
256
223
12
211
242
4
237
r 61, 304 " 59, 934 " 4, 722 " 5, 184 " 4, 662 " 3, 874
" 26, 483 " 26, 861 " 2, 116 " 2, 391 " 2, 222 " 2, Oil
r 29, 267 " 27, 892 " 2, 172 " 2, 396 "2,114 " 1, 604
"11
"11
149
"144
"9
"8
"386
"252
" 5, 406 " 5, 037
"423
"317
4,200
2,096
1,835
8
261
3,937
1,778
1,848
7
304
4,011
1,787
1,852
8
365
4,048
1,768
1,886
8
387
4,184
1,799
1,985
8
392
4,209
1,849
1,951
7
403
4,127
1,857
1,861
6
404
"874
1
4, 123
221
3, 902
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades total unadjusted thous sh tons
Paper..
do
Paperboard
do
Wet-machine board
do
Construction paper and board
do
Wholesale price indexes:
Book paper, A grade
1967 — 100
Paperboard
do
Building paper and board
do
r
1
112.4
115.1
112.8
140.9
152.2
123.5
152.8
165.3
125.1
159.6
166.3
123.9
159.6
166.4
120.9
Revised.
* Preliminary.
Reported annual total; revisions not allocated to the montl IS.
' L«5ss than l 0 thousemd
barrels.
a Beginning with January 1975, data for soda comlMned wit h those f Dr sulphiite;
not6 comparable with data for earlier periods.
* Se 3 note 4 fo r p. S-35.
Beginning March 1975, data for defibrated or e uploded, s creem'ngs etc., not availalble;
not comparable with those for earlier periods.
^Monthly revisions back to 1971 will be shown late r.
*New series. The Bureau of Labor Statistics has i•evised its pricing r>rogram and disc on-
159.6
170.7
170.7
170.7
170.4 169.9 169.9
170.6
170.0 170.6
170.6
170.3
124.1
124.4 123.6 123.4 125.7
126.2 127.4 127.7 128.8 131.2
121.3
tinued prices for the former specification. The index shown is developed from revenue and
volum e data collected directly from petroleum companies. The pricing formerly was based
on spc t quotations in trade journals, which over the past year have come to represent a
decrea sing portion of domestic transactions. Because of the time required to collect the new
datat here will be a one-month lag in pricing; e.g. the May index reflects changes in prices
from Jtfar. to Apr. Except for gasoline, (p. S-35) comparable data prior to April 1973 are
availa ble upon request.
SURVEY OF CURRENT BUSINESS
November 1975
1973
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1975
1974
1974
Annual
S-37
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Selected types of paper (API):
Ground-wood paper, uncoated:
Orders new
thous. sh. tons
Orders unfilled, end of period
„
do ._
Shipments
do
Coated paper:
Orders new
do .
Orders unfilled end of period
do
Shipments
do. Uncoated free sheet papers: J
Orders new
do
Shipments
do
Unbleached kraft packaging and industrial converting papers:
Orders new
do
Orders unfilled end of period
do
Shipments
do
Tissue paper production
do
1,240
1,255
153
167
1,208
1,246
115
199
110
140
209
129
86
156
101
90
167
98
96
149
93
88
157
76
93
171
86
74
180
88
93
182
92
102
195
84
89
197
90
114
202
101
3,729
3,642
3,825
3,832
278
362
309
303
349
323
268
324
294
250
296
279
266
282
285
222
254
258
232
221
258
222
199
248
246
207
243
238
203
249
252
206
252
264
199
273
6,701
6,851
6,355
6,946
559
563
533
624
432
548
333
433
356
432
317
358
364
384
400
395
416
434
418
441
••459
'449
456
488
410
296
3,987
4,135
4,019
4,039
4,187
4,085
341
207
337
331
352
183
378
358
368
144
367
349
328
135
337
321
332
129
339
341
269
111
287
315
223
109
225
333
238
111
236
333
268
123
256
335
273
121
270
327
272
127
263
311
316
131
312
345
193
135
Newsprint:
Canada:
Production
Shipments from mills
Stocks at mills end of period
do
do
do
9,140
9,199
193
39,548
39,597
3143
763
764
226
816
849
193
767
760
200
773
830
143
823
751
216
760
711
265
824
791
298
771
748
321
801
306
317
759
787
289
645
651
283
597
623
258
510
530
237
tTnited States:
Production
Shipments from mills
Stocks at mills end of period
do
do
do
3,678
3,682
33,481
3 3, 480
323
257
258
23
311
311
23
314
310
26
281
284
23
326
324
23
291
285
29
321
314
36
272
270
38
260
261
36
284
281
39
285
290
34
323
316
42
294
298
38
7,658
3 7, 022
579
618
597
578
503
477
548
540
569
529
482
507
515
744
763
774
827
894
954
1,016
1,035
1,014
1,046
1,090
1,104
1,045
Consumption by publlshersd"
do
Stocks at and in transit to publishers, end of
period
thous sh tons
24
603
3
827
7,399
589
637
537
630
656
575
553
565
536
552
537
440
435
U51.2
164.4
164.4
164.4
164.4
181.8
181.8
181.8
184.7
184.7
184.7
184.7
184.7
184.7
342
876
556
516
538
469
1,444
1,347
569
531
562
525
342
876
395
447
943
432
450
888
471
406
841
427
445
883
448
479
871
474
473
856
482
469
981
434
497
997
512
1,093
1,198
Paper products:
Shipping containers, corrugated and solid fiber,
shipments. _
mil. sq. ft. surf. area.. 1228,052
1216,072
17, 066
18, 432
15,461
12, 493
14,474
13,571
14, 571
15,379
15, 986
15,441
16, 778
18, 360
19,811
2,614.0
1,460.0
2,560.0
1,700.0
211.6
149.4
227.8
163.2
190.8
139.1
193.7
142.3
190.9
141.3
177.2
131.9
182.3
135.9
192.4
142.4
186.2
139.0
189.3
142. 4
7,410
Imports
do
Price, rolls contract, f.o.b. mill, freight allowed
<
122.
2
or delivered
Index, 1967 = 100.
Paper board (American Paper Institute):
Orders, new (weekly avg.)__
thous. sh. tons_ .
Orders, unfilled §
do
Production, total (weekly avg.)_.
- . --do.. .
Folding paper boxes
thous. sh. tons
mil $
518
1,603
1,174
r
15,816
T
T
183. 5
137. 1
r
r
520
482
197. 0
146. 4
210.6
155.5
184.7
563
562
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
. ...
thous Ig tons
Stocks, end of period
do
Imports, Jncl. latex and guayule
do
Price, wholesale, smoked sheets (N.Y.)__$per lb._
Synthetlc rubber:
Production
Consumption
Stocks, end of period
thous Ig tons
do
_
do
_.
Exports (Bu. of Census).. _ _
Reclaimed rubber:
Production
Consumption
_
Stocks, end of period
_ _
_ _
2 685. 44
2 122. 44
2 642. 91
707. 72
135. 37
681. 32
59. 31
140. 78
68.28
68.56
127. 82
35.09
57.24
122. 52
45.16
49.18
135.37
59.85
.351
.398
.320
.320
.275
.315
2, 585. 49 2,476 79
2, 400. 84 2,351,24
2 520. 99
609.80
206 43
196. 82
558. 12
203. 35
213. 40
551. 39
184. 48
174. 65
576. 78
5
57. 68
125. 55
68.17
50.84
126 88
41.26
50.00
126. 89
51.46
53.12
125 44
52.34
55.51
113. 14
32.65
55.09
125. 15
58.41
46.77
118 69
52.73
51.98
116. 75
59.72
54.29
.290
.295
.293
.293
.285
.293
.318
.303
.308
99
153.83 *153
149.04 5 164. 84
609.80 5596.02
134 24
154. 44
590. 19
136 68
135 04
479 26
138 71
149 15
426. 60
153 63
149.30
424. 70
149 78
153 40
408.20
144 89
137. 57
390. 78
172. 71
153. 10
378. 87
17.05
15 06
17 17
15 69
16 78
16.24
18.36
9. 21
* 9 18
5 15 66
7.74
7 63
14 61
6 36
8 10
16 10
5 60
8 23
14 14
8 85
8 68
13 53
6 74
9 54
12 83
4 99
7 65
11 37
4.19
9.53
12 64
do
275. 84
267. 12
21.05
18.00
19.13
16.80
do
do
do
2201.02
2 163 71
2 20 96
150. 85
142. 29
15 23
11.50
10 50
17 45
13.94
12 39
17 39
10.90
8.71
16 62
9.33
8 06
15 23
thous
5
14 52
8
r
.300
19.28
TIRES AND TUBES
Pneumatic casings, automotive:
Production
Shipments, total
_
Original equipment..
Replacement equipment
Exports
_ _ ...
Stocks, end of period.- _
Exports (Bu. of Census)
Inner tubes, automotive:
Production.. . . . . .
Shipments
...
Stocks, end of period
Exports (Bu. of Census)..
_
223, 418
211, 390
17, 426
19 737
15, 245
12, 294
14 753
13 184
12 107
15 222
15 677
16 678
14,531
16,413
do
do
do _
do
238 883
69,600
165,183
4 100
209, 418
55, 245
145, 449
8 724
19 285
5 073
13 288
20 552
5 571
13 952
1 029
13 836
4,332
8 689
10 736
2 644
7,500
11 823
2 984
8 310
11 725
2 743
8 484
15 316
3 577
11 147
17 941
4 291
13 123
16 332
3,852
12, 007
591
531
528
19 384
4 469
14 393
17 888
3 342
14,156
497
19 404
4* 231
14* 642
522
390
473
do
do
50 275
4 393
55, 242
9,229
51 645
53 321
55 242
58 758
646
49 803
46 990
498
601
495
435
47 405
487
54 089
52 037
916
60 970
57 721
828
50 851
1 038
do
do
do
do
38 701
44* 710
8 556
1 290
41 415
46 227
8 755
3 608
3 417
3*899
8*212
3 902
4 387
7 250
3 409
3 467
8 558
2 853
2 989
8 755
3 449
3 302
9 360
2 884
2 599
9 782
2 335
2 644
9 658
2 798
2 830
9 838
2 656
2 734
9 921
2 685
3*099
9 669
2 497
2 889
9 476
9 703
2 779
9 546
924
294
418
815
' Revised.
p Preliminary.
» Reported annual total; revisions not allocated to months.
i Publication of monthly rubber statistics was discontinued by the Census Bureau effective
with the Dee. 1972 report (Series M30A). Data beginning Jan. 1973 are from the
Rubber
3
Manufacturers Association and are not strictly comparable with earlier data.
Beginning
January 1974, data reflect reduction in basis weight of newsprint from 32 to 30 Ibs. for 500
sheets measuring 24" x 36"; data for January 1974 on 32-lb. basis (thous. short tons): Canadaproduction, 840; shipments, 815; stocks, 222; United States—production, 289; shipments, 285;
mill stocks, 29; consumption by publishers, 586, stocks at and in transit, 676.
* Beginning
421
591
303
529
442
321
253
577
425
574
351
390
217
491
267
470
215
8
Feb. 1975, data reflect indexes in lieu of dollar amounts formerly shown.
Metric tons
(thous.) beginning Jan. 1975.
t Represents the sum of uncoated book paper and writing and related papers (including thin
paper) formerly shown separately; data for new orders no longer available for the individual
items.
d*As reported by publishers accounting for about 75 percent of total newsprint consumption.
§ Monthly data are averages for the 4-week period ending on Saturday nearest the end of the
month; annual data are as of Dec. 31.
SURVEY OF CURRENT BUSINESS
S-38
1975
1974
1974
1973
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
November 1975
Annual
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
36 266
38 910
39 176
38 941
Oct.
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments,finishedcement ...
thous. bbl
r
* 470 527 »>1431 516 41 580
45 457
30 739
23 igl
19 191
17 553
21 787
28 771
34 101
595.1
10.4
133 3
444.2
9.6
98.6
346.4
8.6
79 7
321.2
7.4
85 5
292.6
8.1
65.8
352.8
8.9
82.5
487.8
8.5
101 6
531.3
8.0
112 9
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil. standard brick.. 8,674.1
Structural tile, except facing
thous. sh. tons..
94.2
Sewer pipe and fittings, vitrified
do_.
1,647.0
Facing tile (hollow) , glazed and unglazed
mil. brick equivalent..
122.3
Floor and wall tile and accessories, glazed and unglazed
_
mil. sq. ft..
300.6
Price index, brick (common), f.o.b. plant or
N.Y. dock
_
1967 = 100..
130.8
540.4
9.6
131.3
6,673.0
99.7
1,454.1
553.8 »• 589. 2
••6.4
7.7
111.1 r 114 7
96.9
7.9
8.0
6.4
7.2
5.9
5.8
6.3
6.5
7.5
6.0
273.2
22.4
23 1
19.7
17.0
19 6
17.3
20.3
20 6
19 7
19.2
143.5
147.8
149.1
149.1
151.0
151.0
154.2
155.0
156. «
159.9
155.4
586.7
6.5
114.5
7.5
6.4
20.2
20 1
160.7
163.0
165.6
r
167.5
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments
Sheet (window) glass, shipments
Plate and other flat glass, shipments
Glass containers:
Production
C
thous. $
597, 645
543,382
do
_do
152, 242
445, 403
132, 541 31, 842
410, 841 103 513
thous. gross.. 279,027
135 355
112 619
81 610
100, 155
24,369
88,250
15, 522
66,088
15, 026
85, 129
280,397
22, 831
25670
21,641
17,080
22,645
21,369
22, 822
22 984
22,937
24,221
25,300 '25,279
24, 897
do
274,295
273,709
22 117
21 141 19 367
19 148
24 160
17853
21 268
22 603
23 764
25350
29 424 r 23 802
23, 363
do
do
do
do
23, 634
71 000
61 659
22, 729
24,491
65 631
66 605
22, 568
2 361
5 222
5 396
1 560
1 662
4 592
5 241
1 958
1 574
4 665
4 558
1 773
1 425
5 051
4 881
1,792
2
5
5
2
010
299
661
194
1 717
3 557
5 119
1 528
1 848
5 196
5 794
1,805
1 983
5 127
6 606
2 020
2 185
5 894
6 654
1,927
2 128
6 336
7 489
1 994
2 248 r 2 978
7 710 r 5 280
7 894 rr l 260
1, 801
1,877
2,929
4 719
6,532
1,888
Wide-mouth containers:
Food (tncl. packer's tumblers, Jelly glasses,
and fruit Jars)
. thous. gross
Dairy products
do
59, 129
197
59 709
148
4 776
9
5 050
13
4 561
13
4 080
12
6 060
14
3 791
9
4,452
9
4 345
7
4,713
7
5,004
10
6,722
g
r
4, 270
6
4,843
9
Narrow -neck and Wide-mouth containers:
Medicinal and toilet
do
Household and industrial
do
31 526
4,421
30, 231
4,326
2 452
341
2 249
376
1 903
320
1 661
246
2 479
443
1 872
260
1,867
297
2 227
*288
2,070
314
2 060
329
2,514
451
r
1, 897
'310
2,093
350
33 553 34 599
35,884
Shipments, domestic, total
Narrow -neck containers:
Food
Beverage
Beer
Liquor and wine
Stocks, end of period
do
37 951
35 925
37 500
33 695
thous. sh. tons.. 6 13,558
do
612,592
6 11,999
610,993
3,170
2,757
2,691
2,320
2,190
2,006
66 2, 320
2, 151
39 892
37500
35 551
38 716
40 718
40 817
39 655
38 139
r
GYPSUM AND PRODUCTS (QTRLY)
Production:
Crude gypsum
Calcined
Imports, crude gypsum
Sales of gypsum products:
Uncalcined _
Calcined*
Industrial plasters
Building plasters:
Regular basecoat
All other (incl Keene's cement)
Board products, total..
Lath
Veneer base . . .
Gypsum sheathing
Regular gypsum board
Type X gypsum board
Predecorated v/ailboard
do..
7,661
7,424
2,233
1,695
1,189
6 1, 249
do
5 525
5,262
1 504
945
723
1,245
do
349
322
80
77
66
74
293
484
15 151
369
399
341
11 130
2 700
212
215
416
12,852
260
359
237
9 408
2 421
168
54
109
3 296
58
98
54
2 433
611
43
45
94
2 739
46
75
39
2 023
525
30
42
89
2,333
40
59
37
1,737
433
26
44
90
2,608
42
69
49
1,980
434
33
415 3
47 0
505.2
48.5
do
do
mil sq ft
do
do
do
do
do
do
TEXTILE PRODUCTS
FABRIC (GRAY)
Knit fabric production off knitting machines (own
use, for sale, on commission), qtrly*
mil. Ib
Knitting machines active last working day* thous
2 070 8
54 7
1 965 3
46 4
Woven fabric (gray goods), weaving mills: J
Production, total 9
mil linear yd
11 765
11 054
Cotton
_ ..
do
5 421
4 987
Manmade
fiber
do
6 214
5 977
Stocks total end of period 9 c^
do
718
1 290
Cotton
do
285
560
Manmade
fiber
do
725
428
Orders unfilled total end of Deriod9 IF
do
3 502
1 797
Cotton __
do
1,559
713
Manmade
fiber
do
1,905
1 071
COTTON
Cotton (excluding llnters):
Production:
'12,611 * 11,328
GinningsA .thous. running bales
Crop estimate
thous net weight bales CD 3 12 974 4 11 537
7 279
6 617
Consumption
thous running bales
Stocks In the United States, total, end of period 9
1 9 ^Q^
U AS.fi
12, 586
11,476
Domestic cotton, total
do
2,037
2,788
On farms and in transit.
__do
8,761
8,413
Public storage and compresses
_.do
1,026
1,037
Consuming establishments
. .-do
406 8
46 4
493 7
52 2
837 2 i 044
2480
379
2
452
556
1 127
'472
651
1 219
516
698
1 252
543
704
1 797
1 647
599
273
320
560
725
580
751
2 386
1,021
1 351
2 155
1 992
887
768
1,255
1,211
1,071
671
964
827
4,944
8,291
10,598
11, 195
2
575
432
74.fi
1 ? 4.R1
14, 728
11,787
1,775
1,166
13,451
8,204
4,259
988
12 544
12, 535
4,852
6,696
987
489
H
r
Revised.
1 Annual total; revisions not allocated to the months or4 quarters.
« Data
cover 5 weeks; other months, 4 weeks.
» Crop
for the year 1973.
Crop for the year
6
1974.
s NOV. 1 estimate of the 1975 crop.
Excludes byproduct gypsum.
0 Bales of
480 Ibs.
*New series. Source: BuCensus. Data cover warp and weft knit yard goods and knit
garment lengths, trimmings, and collars; no quarterly data prior to 1974 are available.
{Monthly revisions (1970-72) appear in "Woven Fabrics: Production, Stocks, and Unfilled
1 290
2 846
1
406
*433
1 335
753
346
400
713
n
343
2469
XQfi
10 690
10,680
1,180
8,418
1,082
657
312
339
1 292
572
715
1 578
621
944
639
286
346
1 261
548
707
1 700
718
969
411,328
411,537
395
400
9 839
9,831
762
7,917
1,152
q 100
9,092
681
7,212
1,199
2
833
2375
2449
1 219
519
695
1 892
805
1,072
749
345
397
770
348
415
r2
796
2
354
••2434
813
364
442
1 173
498
670
2 394
984
1,387
1 191
1 186
1 961
2 135
1,139
1, 240
r 1, 327
30
169
373
525
455
477
2527
505
531
8 210
8,202
659
6,344
1,199
7 323
7,315
560
5,559
1,196
6 575
6, 566
529
4,865
1,172
5 4gi
13 662
12 710
2
510
676
806
r 1 175
495
r
675
»-2 281
935
881
502
678
2,768
s 9, 034
5,464 13, 646 12, 691
11, 476
9,131 8,728
275
2,037
3,430
4,063
8,413
1,035
1,085
1,126
1,026
9 Includes data not
Orders," M22A—Supplement 3 (Aug. 1973), Bureau of the Census,
•hown separately.
d*Stocks (owned by weaving mills and billed and held for others) exclude bedsheetmg,
toweling, and blanketing, and billed and held stocks of denims.
If Unfilled orders cover wool apparel (including polyester-wool) finished fabrics; production
and stocks exclude figures for such finished fabrics Orders also exclude bedsheeting, toweling,
and blanketing,
ACumulative ginnings to end of month indicated.
'Corrected.
SUEVEY OF CUREENT BUSINESS
November 1975
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
In the 1973 edition of BUSINESS STATISTICS
1973
1974
1974
Annual
S-39
Sept.
Oct.
1975
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (excluding llnters)— Continued
Exports
thous. running bales..
Imports
thous. net-weight 0 bales. .
Price (farm), American upland
cents per l h _ _
Price, Strict Low Middling, Grade 41, staple 34
(IHfl") average 10 markets*
cents per Ib
COTTON MANUFACTURES
Spindle activity (cotton system spindles):
Active spindles, last working day, total
mil-Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total
biL_
Average per working day
do
Consuming 100 percent cotton.
do
Cotton cloth:
Cotton broad woven goods over 12" in width:
Production (qtrly )
mil lin. vd
Orders, unfilled, end of period, as compared with
avg weekly production ... No. weeks' prod .
Inventories, end of period, as compared with
nvg weekly production No weeks' prod-Ratio of stocks to unfilled orders (at cotton
mills) end of period
Exports, raw cotton equiv.thous. net-weight 0 bales
Imports, raw cotton equiv
.do
5,495
33
U4.4
542.8
5,170
46
125
0
54.9
120
1
51.4
272
1
50.4
350
3
43.8
409
7
37.0
380
1
32.6
346
1
33.9
371
4
32.2
364
5
36.3
392
4
36.9
356
(7)
40.5
325
1
42.9
258
19
44.7
49.8
167.1
141.7
47.6
44.6
40.0
36.9
36.1
36.4
37.8
40.4
41.7
42.8
45.6
48.4
50.7
50.4
18.0
9.8
116.2
.447
63.1
17.3
8.8
106.2
.408
55.5
17.8
9.2
7.8
.391
4.0
17.6
9.0
29.5
.378
24.8
17.5
9.0
6.8
.341
3.5
17.3
8.8
5.4
.272
2.8
17.1
8.6
2
7.3
.293
23.7
17.0
8.6
5.8
.291
3.0
16.7
8.6
5.7
.287
2.9
16.8
8.6
»7.9
.314
24.0
16.8
8.5
6.9
.346
3.5
16.8
8.5
7.2
.360
3.7
16.8
8.4
28.2
.328
24.1
r!7.0
8.4
'7.8
'.392
3.9
16.9
8.3
8.1
.405
4.0
10.0
9.9
11.6
9.3
9.1
11.5
12.2
10.6
11.3
f
5,086
4,714
1,127
320.8
313.8
11.8
14.8
11.9
13.0
33.1
33.9
4.0
4.4
5.3
6.9
6.1
6.7
6.9
6.4
5.6
5.4
6.5
5.1
4.8
3 .15
3 .30
525. 1
.34
39.3
45.1
.44
41.4
37.1
.53
39.4
28.7
.59
36.2
26.2
.66
36.9
29.1
.73
36.0
24.6
.60
43.8
25.0
.53
43.8
27.6
.53
45.6
22.9
.48
37.5
29.8
.44
34.3
32.7
.43
38.1
40.6
.37
41.0
43.9
459.4
686.3
568.4
M A N M A D E FIBERS AND MANUFACTURES
8, 329. 4 8,085.3 2,228.9
Fiber production qtrly total
mil. Ib
635.3
533.4
139. 7
Filament varn (ravon and acetate)
do
696.7
645.4
174.6
Rtaple Incl tow (ravon)
do
Noncellulosic, except, textile glass:
3, 339. 6 3,443.0
956.4
Yarn and monofilaments
-do
2, 969. 8 2,780.6
782.5
Staple Incl tow
do
688.0
682.9
175.7
Textile glass
fiber
do
Fiber stocks, producers', end of period:
46.3
57.5
45.4
Filament yarn (rayon and acetate)
mil. lb..
34.0
73.9
39.0
Stftple Incl fow (ravon)
do
Noncellulosic fiber, except textile glass:
232.2
392.3 276.2
Yarn nnd monofilaments
do
186.5
321.3
259.3
Staple Incl tow
do
72.5
98.1
60.3
Textile plass
fiber
do
Prices, mflnmnde fibers, f.o.b. producing plant:
*.6l
.61
.61
Rtaple: Polyester, 1.5 denier
$perlb__
Acryllc (spun), knitting, 2/20, 3-6D..do
Manmade fiber broad woven gray goods ratio:
Manmade fiber and silk broad woven fabrics:
Production (qtrlv.). totn.1 9
mil. lin. vd
Filament vnrn (100%) fabrics 9
do
Chiefly ravon and/or acetate fabrics
do
Chiefly nvlon fabrics
do
Spun yarn (100%) fab., exc. blanketing 9 --do
T?avon nnd/or acetate fabrics, blends,, do
Polyester blends with cotton, __.do
Filament and spun yarn fabrics (combinations
and mixtures)
mil. lin. yd...
Manmade fiber manufactures:
Exports, manmade fiber equivalent*
mil. lbs__
Yarn, tops, thread, cloth . ..
do
3.13
3.20
.24
.27
6,108.7 5,923.3
1,398.8
473.8
329.8
62.1
390. 73
244. 11
150. 34
166. 66
371. 25
76. 22
55.71
295. 03
252. 01
175. 34
30.17
16.60
12.46
13.57
31.53
6.17
4.47
« 162.74
« 117. 35
Manufactured prods., apparel, furnishings. .do. . 125. 49
Imports, manmade fiber equivalent*.
do 6 465. 32
109.70
Yarn, tops, thread, cloth
do
67.91
Cloth, woven. _
do
Manufactured prods., apparel, furnishings, . do.. « 355. 62
286.
87
Apparel , total
do . .
205. 34
Knit apparel
do
25.37
21.85
15.63
716.1
565.0
424.6
167.8
121.8
776.5
604.6
57.5
73.9
45.4
61.3
34.0
55.3
333.0
298.0
257.8
232.9
110.7
.61
.61
.61
.61
.58
.56
.56
.56
.58
.58
1.22
1.22
1.22
1.24
1.24
1.27
1.27
1.26
1.36
1.40
.30
.35
.41
.42
.43
.38
.37
.33
.30
.30
27.07
16.07
12.00
11.00
37.93
5.69
4.78
32.24
28.81
19.83
29.20
17.03
12.87
12.17
37.97
5.74
4.31
32.23
28.79
19.70
44.8
527. 7
59.9
28.05
23.50
17.83
12.52
12.82
14.58
11.20
8.92
6.63
5.08
17.00
12.93
11.06
31.03
6.77
5.11
17.96
28.49
740.0
38.5
573.2
54.2
49.8
22.84
14.34
10.72
8.50
28.77
13.71
6.70
5.38
21.79
18.07
12.08
7.31
5.69
21.46
17.80
11.92
24.26
20.34
410.8
89.6
77.2
75.7
73 i
615.8
38.7
461.4
704.6
30.66
1,283.0
1,125.5
407.3
445.1
90.6
79 0
29.25
25.40
102.2
.61
1.27
1.22
1,284.2
35.88
126.4
.61
1.27
1.29
101.5
84 0
771.5
67.9
552 ?,
474.8
1, 689. 3
101 6
80.2
321.3
98.1
1.25
1.31
« 288. 23
64.3
52.9
392.3
1.18
1.32
365.8
346.0
3,526.8 3,308. 8
435.4
294.5
2,513.9 2,381.2
1,228.6
524.5
1.04
1.30
961
101 8
107.2
1,617.4
.61
1.25
1.31
1, 895. 0 1,962.7
473.1
431.5
886
985
20.83
12.51
9.52
8.32
27.85
25.73
24.67
14.80
11.37
9.70
31.56
18.41
12.50
13. 14
14.88
11.89
12.97
30.03
14.40
11.25
11.33
40.32
5.76
4.44
5.30
3.98
35.69
5.04
3.90
5.01
3.84
30.68
27.38
34.40
30.70
24.50
28.76
27.85
4.78
3.93
19.60
17.16
11.79
23.72
22.09
20.11
13.77
18.42
12.28
21.17
14.44
24.38
24.73
18.47
14.01
10.80
10.66
5.92
4.61
21.35
WOOL AND MANUFACTURES
Wool consumption, mill (clean basis):
Apparel clnss
Carpet class
Wool Imports, clean yield.
_
Duty-free (carpet class) .
Wool prices, raw, clean basis, "Boston:
Good French combing- and staple:
Graded territory,
fine
Gradpd fleece, 3 6 blood
Australian. 64s. warp and half-warp
Wool broadwoven eoods, exc. felts:
mil. Ib..
do
do
._ do. — <
109.9
41.4
57.9
39.9
75.0
18.6
26.9
15.2
5.6
1.1
1.8
1.0
4.6
1.1
1.3
.2
6.5
1.2
1.7
1.2
2.1
1.4
7.7
1.1
2.2
1.3
7.6
1.0
2.9
1.9
'28.1
21.2
2.2
1.1
5.8
1.4
1.4
.6
28.4
1.7
.6
5.5
1.1
1.0
.5
26.5
21.4
2.4
1.5
8.0
1.7
2.4
1.0
1.3
$ per Ib
do
do
2.500
3.035
1. 594
1.760
1 . 194
2.173
1.625
1.125
1.945
1.565
1.065
1.769
1.412
.912
1.805
1.308
.842
1.768
1.162
.788
1.732
1.125
.775
1.788
1.138
.775
1.835
1.340
.835
1.857
1.506
.875
1.941
1.556
.862
1.835
1.538
.850
1.813
1.712
.875
1.788
1.725
.875
1.743
101.1
81.0
17.6
>6.9
21.4
21.7
17.1
17.3
19.3
199.6
175.7
212.9
1.725
.875
1.718
FLOOR COVERINGS
Carpet, rugs, carpeting (woven, tufted, other), ship
ments, quarterly*... .
... ...mil. sq. yds 1.025.4
939.1
236.3
2
' Revised.4
1 Season average.
For 5 weeks; other months,
4
weeks.
* Monthly
5
average.
Price not directly comparable with earlier
data.
Average price to Apr. 1,
7
1975.
« Annual total calculated independently.
Less than 500 bales.
*New series. Cotton market price (U.S. Dept. of Agriculture) available monthly back
to 1947. Manmade fiber gray goods (owned by weaving mills) ratio from Amer. Textile
Manufacturers Institute, based on BuCensus data; manmade fiber manufactures exports
and imports from U.S. Dept. of Agriculture (ERS), based on BuCensus data—available
back to 1960. Exports and imports, originally reported in varying units, are converted into
approximate quantities of manmade fiber consumed in their manufacture (including an
adjustment for waste). Not included are raw (unmanufactured) fibers and imports of certain
textured yarns. Carpet shipments (BuCensus) revised quarterly data.back.to 1958 are
available.
9 Includes data not shown separately.
QNet-weight (480-lb.) bales.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated in footnotes below, data
through 1972 and descriptive notes are as shown
in the 1973 edition of BUSINESS STATISTICS
1973
November 1975
1975
1974
1974
Annual
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Apr.
May
18 258
17 022
Mar.
June
July
Aug.
Sept.
21 297
20 154
22 844
20 347
1 199
894
876
734
r
7,
229
6,605
r
1,
045
818
r
2, 253
1,891
1,317
753
8,095
938
2,512
Oct.
TEXTILE PRODUCTS—Continued
APPAREL
Hosiery shipments
thous. doz. pairs 228 269
Men's apparel cuttings:
Suits J
..thous. units Tr JU6, 679
21 327
Coats (separate) dress and sportj
do
Trousers (separate), dress and sport t
..do
*• I171,ll5
Slacks (jeans-cut), casual* t
thous. doz r 112, 576
Shirts, dress, sport, inc. knit outerwear^ _ do . f !34, 369
217 905
17 950
20 806
1,376
1 448
8,967
1,098
2,659
1,848
1 661
10,236
1,179
3,169
1
16, 754
i 19 098
i 158, 284
i 12, 294
1
36, 437
17 699
1 549
1 237
8,233
1 047
2,790
12 680
1 202
935
5,145
1,023
2,059
14 029
r
l 260
»• 716
8,715
849
2 363
18 488
15 346
r
r
1,094
1 009
7,370
1,021
2,295
r
1 031
r 946
7,137
1 267
2 040
r
1,096
r 1 101
7,464
1,117
2,348
1 200
982
7,147
993
2,295
r
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders, new (not), qtrly. total
mil. $
U.S. Government
._
_
.do
Prime contract do
Sales (net), receipts, or billing1', qtrly. total do
U.S. Government
do
27, 044
15, 804
24, 377
24,305
14, 431
32, 704
19,390
30, 239
26, 849
15,196
10,232
7,045
9,535
6,341
3,792
8,799
5 475
8,221
7,098
4,063
6,530
3,882
6,010
6,879
3 814
5,654
3,472
4,999
7,324
4,148
Backlog of orders, end of period 9 ..
.do
U.S. Government
do
Aircra't (complete) and parts
.
do
Engines (aircraft) and parts
_ ._ .. _do
Missiles, space vehicle systems, engines, propulsion units, and pnrfs
mil $
Other related operations (conversions, modifications), products, services _
mil. $
29, 661
16,695
13,544
2,821
35, 516
20, 889
15, 489
3,902
33,815
19,477
14, 177
3,644
35 516
20,889
15 489
3,902
35,167
20,957
14, 893
3,926
33, 497
20, 281
13, 990
3,744
5,670
6,643
6,454
6,643
6,553
6,134
2,897
3,591
3,584
3,591
3,572
3,673
4,598
64, 370
2,311
4,976
65, 573
3,360
317.6
4,708
214.7
348.8
5,518
306.5
512.8
6,595
329.0
388.8
4,862
404.9
301.5
3,876
109.5
thous.. _
do
do
do
do
do
12, 637
11,866
9,658
9,079
2,980
2,787
10, 059
9,191
7,331
6,721
2,727
2,470
872.4 1,100.7
803.1 1,008.3
662.2
832.0
608.8
762.6
210.2
268. 7
194. 2
245.7
736.8
671.2
548.0
499. 6
188.9
171.6
639.6
556.6
447. 5
394.0
192. 2
162.6
« 537. 5 0 577. 3
« 495. 2 « 501. 1
« 391. 4 « 410. 5
« 362. 8 « 357. 3
« 146. 2 « 166. 8
« 132. 4 - 143. 9
Retail sales, new passenger cars:
Total, not seasonally adjusted
. thous
Domestics A
do...
Imports A
do
Total, seasonally adjusted at annual rates.. .mil..
Domestics A
do
11, 439
9,676
1,763
8,871
7,454
1,417
726
591
134
10.1
8.4
1.8
757
628
129
7.8
6.3
1.5
604
506
98
6.8
5.5
1.3
508
430
79
6.7
5.6
1.1
578
463
115
8.0
6.5
1.5
684
536
148
9.1
7.2
1.9
669
524
146
7.8
6.2
1.6
660
518
142
7.5
5.8
1.6
1,600
1,765
1,672
1,704
1,385
1,385
1,595
1,610
1,733
1,740
1,672
1,704
1,654
1,541
1,500
1,314
1,482
1,290
ratio. .
2.0
2.5
2.0
3.1
3.8
3.6
2.8
2.2
thous..
do
do
509. 19
452. 37
151.65
600.90
516. 59
214. 44
53.71
48.21
15. 12
59.40
50.57
20.49
55. 48
46.04
16.35
48.87
39.72
15.21
37.72
29.11
14.28
2, 437. 3
871.6
499. 8
2, 572. 6
817.6
660.1
168. 26
55.48
62.40
172. 49
71.19
55.31
159. 79
85.22
59.34
167. 93
57.70
61.18
Truck trailers and chassis, complete (excludes
detachables), shipments ©
.number
Vans
do
Trailer bodies (detachable), sold separately.. do
Trailer chassis (detachable), sold separately. .do
164,641
108,940
18, 626
12, 790
191, 262
128,
493
1
14, 313
12, 933
16,521
11,112
17, 216
11,981
1,187
1,021
15, 950
11,319
302
1,460
Registrations (new vehicles):©
Passenger cars
Imports. Incl. domestically sponsored
Trucks
411,351 1*8,701
4 709. 1 4 741. 0
1
4 1, 369 4 124. 9 * 130. 9
* 1,720
1*2,657
* 3, 029
4 216.8 4 196. 2
Aircraft (complete):
Shipments
Airframe weight
.
Exports, commercial
do
thous. Ib
mil $
496.6
6,151
319.5
529.6
6,071
352.9
415.4
4,689
190.7
337.9
4,316
210.4
237.6
'772.3 r 807. 2
r
691. 6 r 721. 4
612.6
586.2
555.2
529.9
' 186. 2 r 194. 6
840.9
753.7
632.1
571.3
208.8
182.3
•• 681. 7
»• 624. 1
504.5
466.5
r 177. 2
' 157. 7
662.7
606.7
484.6
447.9
178.2
158.8
896.6 2 984. 0
815.6 2
667.5
750. 3
608.4
229.1 2 233. 8
207.2
741
603
138
7.8
6.2
1.5
770
619
152
8.5
6.9
794
637
157
9.2
7.5
684
534
150
9.2
7.5
726
591
136
8.9
7.2
889
774
115
9.5
8.1
1, 568
1,359
1,584
1,373
1,602
1,381
1,466
1,392
1,436
1,495
1,513
1,540
1,484
1,480
2.5
2.8
2.6
2.4
2.2
2.4
2.6
2.2
41.69
35.52
16.57
60.57
52.11
19.53
56.85
49.11
20.83
58.20
52.23
22.44
56.70
50.72
23.04
40.37
35.46
19.93
36.22
33.35
17.99
53.60
49.61
14.85
160. 31
41.14
43.65
128. 66
40.21
34.13
204.91
92.55
39.41
166. 17
70.80
33.93
178 88
72. 05
37.14
177. 15
64.96
41.04
176. 78
46.02
32.43
168.89
47.53
33.71
139. 41
56.16
32.95
14,006
9,649
305
1,569
6,581
3,984
5,727
3,297
5, 737
2,896
870
805
226
5,871
3,144
487
134
6,412
3,081
422
183
5,542
2,422
607
121
5,233 •• 4, 977
2,605 «• 2, 422
301
136
16
49
5,212
2,902
265
78
4 609. 5 4 586. 1
4 101.4 494.3
4 174. 6 4 181.3
3 570. 4
3 100. 7
3 163. 0
5 590. 0
115. 9
5141.6
3 635. 4
3 149. 0
3 177. 6
s 581. 3 4 656. 8
3 126. 4 4 130. 8
3 176. 8 4 197. 2
44 735. 6
137.4
4215.7
4764.9
4 144. 7
4 222. 2
4
4
735. 8
150. 4
4 214. 9
4 738. 9
44 143. 6
219. 5
521.9
5,955
412.5
442.2
5,381
215.3
539.2
6,595
460.6
MOTOR VEHICLES
Factory sales (from plants in U.S.), total
Domestic
Passenger cars, total
Domestic
_
Trucks and buses, total
Domestic..
__
Retail inventories, new cars (domestics), end of
period:A
Not seasonally adjusted
thous
Seasonally adjusted
do
[nven tory-sales ratio, new cars (domestics) A
Exports (Bureau of the Census):
Passenger cars (new), assembled.
To Canada.
.
Trucks and buses (new) assembled
Imports (Bureau of the Census):
Passenger cars (new), complete units
From Canada, total.
_
Trucks and buses f .
do
do
do
thous
do
do
5
652.4
571.3
492.6
436.8
159.8
134.6
r
161. 7 r 166. 2
RAILROAD EQUIPMENT
Freight cars (new),. for domestic use- -all railroads
and private car lines (excludes rebuilt cars and
cars for export):
Shipments
number
58, 252
66, 858
Equipment manufacturers
do
54, 814
63, 199
New orders..
do
i 105, 765 r 97, 899
Equipment manufacturers
do
U02 136 r 85, 266
Unfilled orders, end of period
do
67, 199
90, 216
Equipment manufacturers
do
65, 380
79,009
Freight cars (revenue), class 1 railroads (AAR):§
N u m b e r owned, end of period
thous
1,395
Held for repairs % of total owned
6.3
Capacity (carrying), total, end of mo.. mil. tons..
98.19
Average per car
tons . . 70.38
1,375
6.4
98.32
71.49
6,080
5,788
7, 523
7,365
95, 030
83, 127
6,036
5,750
4,951
4,201
93, 563
81, 196
5,264
4, 967
3,079
2,979
90, 724
78, 554
6,162
5,749
« 8, 639
9,189
90,216
79, 009
5,910
5,736
3,502
3,502
86, 943
75, 910
5,699
5,538
2,031
2,031
83, 028
72, 156
6,947
6,794
4,021
4,021
78, 191
67, 472
5,836
5,332
1,485
1,485
73, 389
63, 174
5 975
5! 434
1, 813
1,813
68, 007
58, 333
6,741
6,275
631
631
60, 890
51, 682
5,116
4,545
2,498
1,373
58, 239
48, 477
4,782
4,074
6 2, 220
2,520
54, 662
45, 908
5,521
4, 854
815
815
49, 612
41, 525
1,379
6.5
98. 21
71.21
1,381
6.3
98.50
71.30
1,374
6.4
98.16
71.45
1,375
6.4
98.32
71.49
1,369
6.7
98.02
71.59
1,367
6.7
97.94
71.66
1,368
7.0
98.21
71.78
1,363
7.2
98.04
71.92
1,366
7.5
98.36
72.02
1,363
7.6
98.32
72.15
1,360
7.8
98.58
72.49
1,363
8.0
98.68
72.40
1,362
8.2
98.70
72.47
r
r
Revised.
1 Annual total includes
revisions not distributed
bv months. 25 Estimate
3
4
of production, not factory sales.
Excludes 2 States.
Excludes 1 State.
Omits 3
States.
6 Reflects cancellation of cars previously ordered.
J Annual figures ("Apparel
1974" M23A74) : Survey was expanded and classifications changed; not comparable with data
prior to 1973. "New series. Data cover all types of men's jeans, but exclude dungarees,
overalls, and work pants.
9 Total includes backlog for nonrelated products and services and basic research,
ADomestics include U.S.-type cars produced in the United States and Canada; imports
cover foreign-type cars and captive imports, and exclude domestics produced in Canada.
^Effective Sept. 1973 SURVEY, data include imports of separate chassis and bodies,
eEffective Feb. 1974 SURVEY, excludes shipments of dollies and converter gear,
O Courtesy of R. L. Polk & Co.; republicaticn prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.
• For one manufacturer, Jan. and Feb. sales are included in the Feb. data.
INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate
Domestic trade
1-7
8,9
10,11
11-13
Labor force, employment, and earnings
Finance
Foreign trade of the United States
Transportation and communication
13-17
17-22
22-24
24-25
Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco.
Leather and products
25,26
26
27-30
30
Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
31
31-34
34-36
36,37
Rubber and rubber products
Stone, clay, and glass products
Textile products
Transportation equipment
37
38
38-40
40
INDIVIDUAL SERIES
Earnings, weekly and hourly
15,16
Eating and drinking places
12,13
Eggs and poultry
3,8,9,29
Electric power
5,9,26
Electrical machinery and equipment
4,6,
7,9,14,15,20,23,24,34
Employment estimates
14
Expenditures, U.S. Government
13,19
Explosives
26
Exports (see also individual commodities)
I, 3, 22-24
Failures, industrial and commercial
7
Farm income, marketings, and prices
2,3,8,9
Farm wages.,
16
Fats and oifa
9,23,29,30
Federal Government
finance
19
Federal Reserve banks, condition of
17
Federal Reserve member banks
17
Fertilizers
9,25
Fire losses
11
Fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products
1,4,6,8,9,14-16,20,22,23,27-30
Foreclosures, real estate
11
Foreign trade (see also individual commod.)
22-24
Foundry equipment
34
Freight cars (equipment)
40
Fruits and vegetables
8,9
Fuel oil
35,36
Fuels
4,8,9,23,34-36
Furnaces
34
Furniture
4,9,12-15
Advertising
11,16
Aerospace vehicles
40
Agricultural loans
17
Air carrier operations
24
Air conditioners (room)
34
Aircraft and parts
7,40
Alcohol, denatured and ethyl
26
Alcoholic beverages
11,27
Aluminum,
•
33
Apparel
1,4,8,9,11-16,40
Asphalt
35,36
Automobiles, etc
1,4,6,8,9,11,12,20,23,24,40
Gas, output, prices, sales, revenues
Gasoline
Glass and products
Glycerin.
Gold
Grains and products
Grocery stores
Gross national product...;
Gross national product, price deflators
Gross private domestic investment
Gypsum and products.
Balance of international payments
3
Banking
17,18
Barley
27
Battery shipments
34
Beef and veal
28
Beverages
9,11,22,23,27
Blast furnaces, steel mills
5-7
Bonds, outstanding, issued, prices, sales, yields
20, 21
Brass and bronze
33
Brick
38
Building and construction materials
4,6,
7,11,31,38
Building costs
10,11
Building permits
10
Business incorporations (new), failures.
7
Business sales and inventories
5
Butter
27
Hardware stores.
12
Heating equipment
<»,34
Hides and skins
9,30
Highways and roads
10,11
Hogs
28
Home electronic equipment
9
Home Loan banks, outstanding advances
11
Home mortgages
11
Hosiery
40
Hotels and motor-hotels
25
Hours, average weekly, aggregate
15
Housefurnishings
1,4,8, 11,12
Household appliances, radios, and television sets.
4,
8,9, 12,34
Housing starts and permits
10
Cattle and calves
28
Cement and concrete products
9,11,38
Cereal and bakery products
9
Chain-store sales, firms with 11 or more stores...
13
Cheese
27
Chemicals
5,6,9,14-16,20,23,25,26
Cigarettes and cigars
30
Clay products
9,38
Coal
5,9,23,34,35
Cocoa
23,29
Coffee
23,29
Coke
35
Combustion, atmosphere, heating equipment
34
Communication
2,20,25
Confectionery, sales.
29
Construction:
Contracts
10
Costs
10,11
Employment, unemployment, hours, earnings.. 13-16
Fixed investment, structures.
1
Highways and roads
10,11
Housing starts
10
Materials output indexes
11
New construction put in place
10
Consumer credit
18
Consumer expenditures
1
Consumer goods output, index
4
Consumer price index
8
Copper
33
Corn
27
Cost of living (see Consumer price index)
8
Cotton, raw and manufactures
8,9,22,38,39
Cottonseed oil
30
Credit, short- and intermediate-term
18
Crops
3,8,27,28,30,38
Crude oil
5,35
Currency in circulation
20
Dairy products
Debits, bank
Debt, U.S. Government
Deflators, GNP
Department stores
Deposits, bank
Dishwashers
Disputes, industrial
Distilled spirits
Dividend payments, rates, and yields
Drug stores, sales
3,8,9,27
17
19
2
12,13
17,20
34
16
27
2,3,20, 21
12,13
5,9,26
1,35
38
26
19
8,9,22,27,28
12,13
1
2
1
9,38
Imports (see also individual commodities)... 1,3,23,24
Income, personal
2,3
Income and employment tax receipts
19
Industrial production indexes:
By industry
4,5
By market grouping
4
Installment credit
13,18
Instruments and related products
4,6,14,15
Insurance, life
19
Interest and money rates
18
Inventories, manufacturers* and trade
5-7,11,12
Inventory-sales ratios
5
Iron and steel
4,9,11,20, 23,31,32
Labor advertising index, stoppages, turnover
16
Labor force
13
Lamb and mutton
28
Lead
33
Leather and products
4,9,14-16, 30
Life insurance
19
Livestock
3,8,9, 28
Loans, real estate, agricultural, bank, brokers*
(see also Consumer credit)
11,17,18,20
Lubricants
35,36
Lumber and products
4,9,11,12,14,15,20,31
Machine tools
34
Machinery
4,6,7,9,14,15,20,23,24,34
Mail order houses, sales
12
Manmade fibers and manufactures
9,39
Manufacturers* sales (or shipments), inventories,
orders
5-7
Manufacturing employment, unemployment, production workers, hours, man-hours, earnings. . . 14-16
Manufacturing production indexes
4,5
Margarine
29
Meat animals and meats
3,8,9,22,23,28,29
Medical and personal care
8
Metals
4-7,9,14,15,20,22,23,31-33
Milk
27
Mining and minerals
2,4, 5,9,14-16,20
Monetary statistics
19, 20
Money supply
20
Mortgage applications, loans, rates
11,17,18,19
Motor carriers
24
Motor vehicles
1,4,6,8,9,11,20,23,40
Motors and generators
34
National defense expenditures
1,19
National income and product
1,2
National parks, visits
25
Newsprint
23,37
New York Stock Exchange, selected data
21,22
Nonferrous metals
4,6,7,9,20,23,33
Noninstallment credit
18
Oats
Oils and fats
Orders, new and unfilled, manufactures*
Ordnance
27
, 9,23,29,30
7
14,15
Paint and paint materials.
Paper and products and pulp
9,26
4r-6,
9,14-16,20,23,36,37
Parity ratio
8
Passenger cars.
1,4,6,8,9,11,12,20,23,24,40
Passports issued
25
Personal consumption expenditures
1
Personal income.
2,3
Personal outlays
2
Petroleum and products
4-6,
8,9,14,15,20,23,35,36
Pig iron
31, 32
Plant and equipment expenditures
2
Plastics and resin materials
26
Population
13
Pork
28,29
Poultry and eggs
3,8,9,29
Price deflators, implicit, GNP
2
Prices (see also individual commodities)
8,9
Printing and publishing
4,14-16
Private sector employment, hours, earnings
13-16
Profits, corporate
2,20
Public utilities
2,5,10,20,21,26
Pulp and pulpwood
36
Purchasing power of the dollar
9
Radio and television
4,11,34
Railroads
2, 16, 17, 21, 24, 25, 40
Ranges
34
Rayon and acetate
39
Real estate
11,17,19
Receipts, U.S. Government.
19
Recreation
8
Refrigerators
34
Registrations (new vehicles)
40
Rent (housing)
'8
Retail trade
5,7,12-16,18
Rice
28
Rubber and products (incl. plastics)
5,6,
9,14-16,23,37
Saving, personal
2
Savings deposits
17
Securities issued
20
Security markets
20-22
Services
1,8,14-16
Sheep and lambs
28
Shoes and other footwear
9,12,30
Silver
19
Soybean cake and meal and oil
30
Spindle activity, cotton
39
Steel (raw) and steel manufactures
23,31,32
Steel scrap
31
Stock market customer
financing.
20
Stock prices, earnings, sales, etc
21,22
Stone, clay, glass products
4-6,9,14,15,20,38
Suga?.... . . . . .
23,29
Sulfur
25
Sulfuric acid
25
Superphosphate
25
Tea imports
29
Telephone and telegraph carriers
25
Television and radio
4,11,34
Textiles and products
4,6,9,14-16,20,23,38-40
Tin
33
Tires and inner tubes
9,12,13, 37
Tobacco and manufactures
5,6,8,14,15,30
Tractors
34
Trade (retail and wholesale)
5,11,12,14-16
Transitlines, local
24
Transportation
1,2,8,14-16,20-22,24, 25
Transportation equipment
4,6,7,14,15,20,40
Travel
...
24,25
Truck trailers
40
Trucks (industrial and other)
34,40
Unemployment and insurance
U.S. Government bonds
U.S. Government
Utilities
13,17
17-21
finance.
19
2,5,8,10,21,22,26
Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Veterans' benefits
Wages and salaries
Washers and dryers
Water heaters
Wheat and wheat
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc.
34
12,13
23,29,30
8,9
17
flour
2,3,15, 16
34
«J4
*j*
•
**, 9
5,7,11,14-16
Jg
v, ov
33
UNITED STATES
GOVERNMENT PF
W A S H I N G T O N , D.C.
2O4O2
OFFICIAL B U S I N E
Look Ahead
With
AREA ECONOMIC
PROJECTIONS1990
States and Regions
BEA Economic Areas
SMSA's
Non-SMSA Portions of BEA
Economic Areas
Prepared by the
U.S. DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
Available from the Superintendent of Documents,
U.S. Government Printing Office, Washington, D.C. 20402
Price $3.05. Make check payable to the Superintendent of Documents.
Order by Stock N urn ber 0324-00490.
@FedFRASER