Full text of Survey of Current Business : October 1964
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
OCTOBER 1964
survey of
CURRENT
BUSINESS
U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
SURVEY OF CURRENT BUSINESS
VOL. 44, NO. 10
OCTOBER 1964
U.S. Department of CommercLuther H. Hodges
Secretary
Richard H. Holton
Assistant Secretary for
Economic Affairs
Office of Business Economics
George Jaszi
Director
*
*
*
Louis J. Paradiso—M. H. Schwartz
Associate Directors
Contents
Murray F. Foss
Editor
K. Celeste Stokes
Billy Jo Hu
Statistics Editor
Graphics
PAGE
STAFF CONTRIBUTORS
TO THIS ISSUE
Summary
1
Business Review and Features:
Gross National Product Tables
2
Inventories Continue to Rise Moderately .
3
THE BUSINESS SITUATION
Robert B. Bretzfelder
David R. Hull, Jr.
Articles:
Fred Cutler
Samuel Pizer
ARTICLES
Julius N. Freidlin
John J. Reid
Peter H. Zassenhaus
U.S. Firms Accelerate Capital Expenditures Abroad
Lowell D. Ashby
The Geographical Redistribution of Employment:
An Examination of the Elements of Change . . .
John F. Concannon
Otelia W. Mugg
Hazel Turner
13
Subscription prices, including weekly g
tistical supplements, are $4 a year for
mestic and $7.50 for foreign mailing. Sir
issue 30 cents.
Make checks payable to the Supei
tendent of Documents and send to L
Government Printing Office, Washing!
D.C., 20402, or to any U.S. Department
Commerce Field Office.
MONTHLY BUSINESS STATISTICS
General
S1-S24
Industry
S24-S40
Subject Index
Inside Back Cover
U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex., 87101, U.S. Courthouse. Phone
247-0311.
Anchorage, Alaska, 99501, Loussac-Sogn Bldg. BR
2-9611.
Atlanta, Ga., 30303 75 Forsyth St. NW. JA 2-4121.
Baltimore, Md., 21200, 305 U.S. Customhouse PL
2-8460
Birmingham, Ala., 35203, 2030 Third Ave. N Phone
325-3131.
Boston, Mass., 02110, 80 Federal St. CA 3-2312.
Buffalo, N.Y., 14203, 117 Ellicott St. 842-3208
Charleston, S.C., 29401, No. 4 North Atlantic Wharf.
Phone 722-6551.
Charleston, W. Va., 25301, 500 Quarrier St. Phone 3436196.
Cheyenne, Wyo., 82001, 16th St. and Capitol Ave.
Phone 634-5920.
Chicago, 111., 60604, 1486 New Federal Bldg. Phone
828-4400.
Cincinnati, Ohio, 45202, 550 Main Street. Phone 3812200.
Cleveland, Ohio, 44101, E. 6th St. and Superior Ave.
Phone 241-7900.
Dallas, Tex., 75202,1114 Commerce St. RI 9-3287.
Denver, Colo., 80202, 142 New Customhouse. Phone
297-3246.
Des Moines, Iowa, 50309 1216 Paramount Bldg. Phone
284-4222
Detroit, Mich., 48226, 445 Federal Bldg. Phone 226-6088.
Greensboro, N.C., 27402, 407 U.S. Post Office Bldg.
Phone 275-9111.
Hartford, Conn., 06103, 18 Asylum St. Phone 244-3530.
Honolulu, Hawaii, 96813, 202 International Savings
Bldg. Phone 588-667.
Houston, Tex., 77002, 515 Rusk Ave. Phone 228-0611.
Jacksonville, Fla., 32202, 512 Oreenl eaf Bldg. Phone 3547111.
Kansas City, Mo., 64106, 911 Walnut St. BA 1-7000.
Los Angeles, Calif., 90015, 1031 S. Broadway. Phone
688-2833.
Memphis, Tenn., 38103, 345 Federal Office Bldg. 5343214.
Miami, Fla., 33130, 51 S.W. First Ave. Phone 350-5267.
Milwaukee, Wis., 53203, 238 W. Wisconsin Ave. BR
2-8600.
Minneapolis, Minn., 55401, Federal Bldg. Phone 3342133.
New Orleans, La., 70130, 333 St. Charles Ave. Phone
527-6546.
New York, N.Y., 10001, Empire State Bldg. LO 3-3377
Philadelphia, Pa., 19107, 1015 Chestnut St. Phone 5972850.
Phoenix, Ariz., 85025, 230 N. First Ave. Phone 261-3285.
Pittsburgh, Pa., 15222, 355 Fifth Ave, Phone 644-2851.
Portland, Oreg., 97204, 217 Old U.S. Courthouse Bldg.
Phone 226-3361.
Reno, Nev., 89502, 1479 Wells Ave. FA 2-7133.
Richmond, Va., 23240, 2105 Federal Bldg. Phone 6493611.
St. Louis, Mo., 63103, 2511 Federal Bldg. MA 2-4243.
Salt Lake City, Utah, 84111, 125 South State St. Phone
524-5116.
San Francisco, Calif., 94102, 450 Golden Gate Ave.
556-5864.
Santurce, Puerto Rico, 00907, 605 Condado Ave. Phone
723-4640.
Savannah, Ga., 31402, 235 U.S. Courthouse and P.O.
Bldg. AD 2-4755.
Seattle, Wash., 98104, 809 Federal Office Bldg. MU
2-3300.
By the Office of Business Economics
•&•ITH consumer demand sharply
higher, economic activity continued to
expand vigorously in the summer
quarter. Gross national product rose
to $627% billion according to preliminary estimates—a $9 billion or \%
percent increase. The real volume of
output advanced almost 1 percent as
the mild upward price trend continued.
The third quarter was noteworthy
for an $ll-billion increase in final sales.
In addition to an $8K-billion rise in
consumer expenditures, it reflected a
brisk rise in business fixed investment
and increases in State and local purchases and net exports. Residential
construction continued to ease and Federal purchases also fell back after their
unusual second quarter spurt. Partially
offsetting the advance in final purchases
was a $2 billion reduction in the rate of
inventory accumulation.
Though GNP and final sales have
now risen substantially for five successive quarters, the growth in final sales
has accelerated since the beginning of
the year. As the passage of the tax cut
became more certain in early 1964,
the pace of consumer buying quickened
and after some hesitation in the early
spring has continued to rise strongly.
During this period employment has
increased rapidly enough to bring about
a distinct reduction in unemployment.
At the same time profit margins have
remained strong, inventory-sales ratios
have tended lower and the rise in the
GNP deflator has remained moderate.
seasonally adjusted annual rate to
$494% billion. Most of the gain was in
wages and salaries. Private payrolls
went up $4 billion, as both employment
GNP Up $9 Billion in Third Quarter
With (mother large gain in consumption
Personal
Consumption
Expenditures
Business
Fixed
Investment
State and
Local Gov't
Gains center in consumer buying
Federal
Gov't
Residential
Construction
1964:1-111*
1964:1 -1
E1963 - 11964
Net Exports
Personal income and saving
The third quarter advance in business
was reflected in a $6K-billion rise in
personal income, which carried the
and average wage rates increased.
Government salaries were $1K billion
higher, reflecting Federal pay boosts and
a continuation of the long-term uptrend
in State and local employment and
average wage rates.
Disposable (after-tax) personal income rose $5)2 billion in the third
quarter, about in line with the gain in
personal income. In the first two
quarters of the year the increase in
disposable income was much sharper
than in personal income because of the
Federal tax cut. Since the last quarter
of 1963 after-tax income has risen
$25K billion, as against a rise of $20
billion in personal income.
The third-quarter rise in total consumer spending exceeded by $3 billion
the increase in disposable personal
income. Thus, the personal saving
rate fell back from the very high second
quarter figure of more than 8 percent
to a third-quarter rate of about 1%
percent, but still remained above the
average post-Korean rate of about 7
percent.
Seasonally Adjusted, at Annual Rates
*Preliminary
U.S. Department of Commerce, Office of Business Economics
The rise in consumer expenditures in
the summer quarter extended to nearly
all major lines. Automobile purchases
were up about $1% billion-—reflecting
a rapid cleanup of the 1964 models and
a very favorable early response to the
new 1965 models after their late September introduction. The General
Motors' strike came too late in the
month to affect third quarter sales to a
noticeable extent. Sales of nondurable
goods were sharply higher and services
continued their steady upward movement.
Changes in demand in other final
SURVEY OF CURRENT BUSINESS
Table 1.—Gross National Product in Current and Constant Dollars
Table 2.—Personal Income and Its Use (II-2)
d-3, 1-5)
1964
1963
1961 1962 1963 III
October 1964
IV
I
II
1963
"III
1961 1962 1963
Seasonally adjusted at
annual rates
518.7 556.2 583.9 587.2 599.0 608.8 618.6
627 5
337.3 356.8 375.0 377.4 381.3 390.0 396.1 4n , _
43.7 48.4 52.1 52.2 53.6 55.9 57.0 r Q o
155.4 162. 0 167. 5 168. 6 168. 9 172. 9 175.3
138. 3 146.4 155.3 156. 6 158.8 161. 1 163. 8 loo. o
68.8 79.1 82.0 82.8 87.1 85.9 87.2 Sfi _
Nondurable goods
Services
1 -Q
New construction _
41.0 44.2 46.6 47.2 48.3 49.2 48.9
Personal income
wage ana salary aisDursemems.
Commodity-producing industries
417.6 442.4 464.1 466.3 474.5
278.8 297.1 312.1 314. 3 318.8
110.8 118. 5 123.3 124.1 125.5
87.5 94.2 98.0 98.5 99.9
72.9 76.6 80.3 81.0 81.9
43.4 46.4 49.3 49.9 50.2
_ _ 51.8 55.6 59 2 59.4 61.3
Distributive industries
Service industries .. Government
0
4ai
„
25
23 4
Government purchases of goods and services^ 108.0 116.3 122.6 122.8 124.8 125.2 129.6
f)f0 nu
'
49.0 53. 6 55.2 55.5 55.3 54.0 57.0 r r "
8.9 10.2 10.3 9.5 10.5 11.5 11.0 11 2
.9
.8
.6
.9 1.2
.9
.6
State and local
50.6 53.5 57.9 58.4 59.9 60.9 62.5
Addenda:
Gross National Product in Constant (1954)
dollars
447.9 476. 4 492. 6 494.8 502.0 508.0 513.5 518 2
Implicit price deflator for seasonally adjusted GNP, 1954 = 100
115.8 116.7 118.5 118.7 119.3 119.8 120.5 121.1
480.9
323.2
126.7
100.6
82.7
51.3
62.4
487.9 494.5
328.7 334.3
.128.9 130.8
102.4 103.8
84.1 85.7
52.4 52.9
63.4 64.9
Rental income of persons
12.2 12.2 12.3 12.4 12.4 12.4 12.4 12.4
Dividends .
Personal interest income
15.2 16.5 18.0 17.9 19.1 19.1 19.8 20.0
27.5 30.0 32.9 33.4 34.2 35.0 35.7 36.3
Farm _
National defense
Other
Less: Government sales
pill
Proprietors' income
Business and professional
Farm
OK „
25.9 29.0 31.0 31.4 32.4 34.2 34.6
Transfer payments
1.9 5.9 4.4 4.2 6.4 2.5 3.7 , „'
Old-age and survivors insurance bene.
,
fits
q
1 ^ 5
3 c 3.7 6.0 2.2 3.4
,
State
unemployment insurance bene.6
.5
.5
.4
.3
.3
.3
•i
n£s
Veterans'
benefits
c
4.6 4.0 4.4 4.2 5.8 7.7 5.7 6 ' 5
Other
0r p
27.6 29.2 30.7 31.0 32.6 34.5 33.7
Less: Personal contributions for social in23.0 25.2 26.3 26. 8 26. 9 26.8 27.9 2y 2
57.4 62.9 64.7 64.4 64.9 64.3 67.1
II
11.6 12.3 13.1 13.2 13.4 13.7 14.0 14.2
21.1 23.6 25.2 25.4 26.2 26. 9 26.2
19.8 20.6 21.3 21.9 22.1 22.3 22.7
Federal
I
48.2 49.8 50.6 50.7 51.5 51.2 51.7 52.1
35.3 36.6 37.6 37.8 38.3 38.6 39.1 39.6
12.9 13.2 13.0 12.9 13.2 12.6 12.6 12.6
Other
Exports
Imports
IV
Seasonally adjusted at
annual rates
Billions of dollars
Gross national product
III
1964
33.6 34.7 36.7 36.5 37.2 38.3 38.0 38.0
12.6 14.3 15.2 15.4 15.4 15.6 16.1 16.1
4.0 2.9 2.8 2.6 3.0 2.8 2.5 2.4
4.8 4.8 5.0 5.0 5.1 5.2 5.3 5.2
12.2 12.7 13.7 13.4 13.6 14.8 14.2 14.2
9.6 10.3 11.8
11.9 12.1 12.3 12.5 12.8
Less: Personal tax and nontax payments
Federal
State and local
Equals: Disposable personal income
52.9 57.9 61.6 61.9 63.3 61.4
45.1 49.1 51.9 52.2 53.4 51.2
7.8 8.8 9.6 9.7 9.9 10.2
364.7 384. 6 402.5 404.4 411.2 419.5
Less: Personal consumption expenditures
Equals: Personal saving.. _
__
337.3 356.8 375.0 377. 4 381.3 390.0 396.1 404.5
27.3 27.8 27.5 27.0 29.9 29.5 35.2 32.2
56.6 57.8
46.1 47.2
10.5 10.6
431.3 436.7
Addendum- Disposable personal income in
328.2 343.4 354.9 356.3 360.7 366.7 375. 7 379.0
constant (1954) dollars
p Preliminary.
*> Preliminary.
Table 3.—Relation of Gross National Product, National Income
and Personal Income (1-17, 1-18)
[Billions of dollars]
1964
1963
1961 1962 1963 III
IV
I
II
pill
Table 4. — Personal Consumpti on Expenditures by Major Type (II-6)
[Bill ons of dollars]
Seasonally adjusted
annual rates
Gross national product.. _
518.7 556.2 583.9 587.2 599.0 608.8 618.6 627.5
Less' Capital consumption allowances
III
IV
I
II
pill
nontax
49.0 52.8 55.9 56.1 57.3 57.9 59.0 60.2
2.4 2.4 2.4 2.4 2.4 2.5 2.5 2 5
-2.6 -1.8 -2.7 -3.5 -1.8 -1.6 -2.4 n.a.
Equals: National income
1.6
1.6
1.0
.9
.7
4
1.0
426.9 455.6 478.5 481.9 490.0 498.4 507.1 n a
44.1 48.4 50.8 51.4 53.1 56.4 57.9 n.a.
21.4 23.9 26.9 27.1 27.5 28.0 28.4 29 0
Plus: Government transfer payments
persons
Net interest paid bv government
Dividends
Business transfer pavments
31.3 32.3 34.3 34.0 34.7 35.9 35.5 35 5
7.4 8.0 8.6 8.7 8.8 9.1 9.3 9.2
15.2 16.5 18.0 17.9 19.1 19.4 19.8 20 0
2.4 2.4 2.4 2.4 2.4 2.5 2.5 2 5
to
Goods and services, total
Durable goods, total
0
0
0
0
0
0
0
1
417.6 442.4 464.1 466.3 474. 5 480.9 487.9 494.5
337.3 356.8 375.0 372.0 377.4 381.3 390.0 396.1 404.5
43.7 48.4 52.1 51.5 52.2 53.6 55.9 57.0 58.8
17.1 20.6 22.7 22.6 22.6 23.2 24.3 24.1 25.7
Automobiles and parts . .
Furniture and household equipment . 19.3 20.2 21.4 21.0 21.6 22.3 23.1 24.2 24.1
7.3 7.6 8.0 7.9 8.0 8.2 8.5 8.8 9.0
Other
Nondurable goods, total
Less: Corporate profits and inventory valuation adjustment
Contributions for social insurance
Excess of wage accruals over disbursements
Preliminary.
II
Seasonally adjusted at annual
rates
474.1 507.5 533.1 536.0 547.3 556.3 565.5 573.9
Plus: Subsidies less current surplus of government enterprises
Equals: Personal income
1961 1962 1963
44.5 48.7 50.8 51.2 51.7 52.5 53.1 53.6
Equals: Net national product
Less: Indirect business tax and
liability
Business transfer payments
Statistical discrepancy
1964
1963
Food and beverages
Clothing and shoes
Gasoline and oil
Other
Services, total
Housing
Household operation
Transportation
Other
' Preliminary.
155.4 162.0 167.5 166.6 168.6 168.9 172.9 175.3 179.2
81.3
28.7
11.9
33.6
84.6
29.9
12.3
35.2
87.1
30.7
12.8
36.9
86.9
30.1
12.8
36.8
87.3
31.3
12.9
37.1
87.8
30.9
13.0
37.3
89.7
32.1
13.3
37.8
90.6
33.2
13.5
38.0
92.6
33.8
13.6
39.1
138.3 146.4 155.3 153.9 156.6 158.8 161.1 163.8 166.5
44.2
20.4
10.7
63.0
46.5
21.6
11.3
67.0
48.9
22 7
11.' 7
72.0
48.6
22.4
11.7
71.3
49.2
22.9
11.7
72.7
49.8
23.0
11.8
74. 1
50.5
23.5
12.0
75.1
51.1
24.0
12 2
76^4
51.8
24.6
12.3
77.8
October 1964
markets were mixed. Advances in
both nonresidential construction and
producers7 durable equipment brought
about a rise of almost $2 billion in
business fixed investment. On the
other hand, residential construction
eased $% billion for the second successive quarter, as starts and permits
moved moderately lower.
Total Government purchases were
up slightly from the second quarter.
State and local outlays continued to
expand at a $!/£ billion rate as both
payrolls and outlays for construction
advanced. Federal buying, however,
fell back $1 billion, mainly because of a
reduction in national defense spending,
which had jumped in the spring months.
Federal payrolls expanded by $% billion
at an annual rate, reflecting a civilian
pay boost for the entire quarter and a
military pay increase effective the beginning of September.
Activity higher in September
Within the quarter, activity was
generally upward. September witnessed increases in total nonfarm employment, personal income, and in
industrial production other than automobiles. As of mid-October the General Motors strike had not been settled
on a local basis, and about 250,000
workers were still out.
Personal income rose $2.2 billion in
September to a record $497 billion
annual rate. About $1.8 billion represented payroll increases, which were
broadly distributed by industry. These
gains reflected somewhat higher average hourly earnings as well as the
employment rise.
Total industrial production moved
up very slightly in September as the
decline in motor vehicle output cut
into the advances in primary metals,
machinery and nondurable goods industries. Auto and truck assemblies
totaled 687,000, well below the 800,000
units originally programed for the
month.
According to the preliminary report,
retail sales in September slipped somewhat from the high August rate even
though automobile sales were unusually good. Declines were fairly general
in nondurable goods lines, where increases have been very pronounced
throughout
the year.
SURVEY OF CURRENT BUSINESS
Inventories Continue to
Rise Moderately
SO far this year business has continued
to follow a conservative inventory
policy. Additions to nonfarrn stocks
through the first three quarters of 1964
have averaged almost $2% billion at a
seasonally adjusted annual rate, well
below the $5# billion increase of 1962
and moderately below the $4 billion
rise last year. Stock-sales ratios have
drifted lower and inventory accumulation has not appeared to be excessive.
In the early stages of this upturn the
broad pattern of inventory change did
not differ greatly from that of other
postwar business cycles, but since early
1963 the difference has been marked.
Despite the increase in stocks last year,
and again this year, sales and output
increased even faster.
An important reason for rising stocksales ratios in advanced stages of past
upturns has been the slowing down in
the rate of sales increase and the inability and/or unwillingness of businessmen to make rapid adjustments in
stocks in relation to their changed sales.
The past year, however, has seen not a
deceleration but a speedup in the rate of
sales advance. In addition, a number
of other factors have been quite different at this stage of the expansion
than they were in other postwar
advances.
Most important, perhaps, has been
the existence of ample industrial capacity in most industries—at least up to
the present period. Even though output has risen considerably, investment
in new capacity has been substantial,
and capacity utilization has increased
only moderately over the past year or
two.
Since deliveries can be made
fairly promptly, an important incentive
for inventory accumulation has been
weakened. An easier supply situation
is suggested by the condition of unfilled
orders. Backlogs have increased $9
billion so far in this expansion, much
less than their rise in 1954-56; moreover, their current level is well below
earlier peaks.
The long period of industrial price
stability has also tended to dampen
inventory investment. In September
wholesale industrial prices were no
higher than they were in the spring of
1961 and were less than one-half of 1
percent above their year-earlier level.
The upward movement of prices until
the late 1950's was probably of some
importance in the earlier inventory
buildups.
Other than the cyclical differences
mentioned, it is likely that long-term
improvements in inventory management have influenced current policies
to some degree; computer use in inventory control has increased, central
warehousing is more prevalent, and
Business Inventories Have Drifted Lower
Relative to Sales . . .
Stock-Sales Ratio
TOTAL BUSINESS
1.6
1.4
1.2
1959
60
61
62
63
64
Mainly because of manufacturing
2.0
MANUFACTURING
1.4 !
1.8
;
RETAIL TRADE
1.6
1-
1.2
1.6
MERCHANT WHOLESALERS
1.4
1.0
1959
60
61
62
63
Quarterly
64
Monthly
Data: QBE based on Census
U.S. Department of Commerce, Office of Business Economics
64-10-2
SUKVEY OF CURRENT BUSINESS
improvements have been made in
communications, transportation, and
production techniques.
Stock-sales ratios lower
The moderate character of inventory
accumulation in the current expansion
is brought out clearly by the behavior
of stock-sales ratios. The overall ratio
for manufacturing and trade has declined rather steadily since late 1962 as
the rise in total business sales has
exceeded the increase in inventories.
The decrease in the ratio, however, has
not been general but has been attributable mainly to manufacturing; trade
firms have maintained fairly stable
ratios for 3 years. Within manufacturing, most of the decline relative to sales
has occurred in the inventories of
materials and supplies. The ratios for
work-in-process and finished goods have
changed little in recent years. The
lower ratio for materials shows up
primarily in the durable goods industries, especially in primary metals and
machinery.
Change in Business Inventories
Billion $
10
TOTAL, GNP Series
Hill,
DURABLE GOODS
Manufacturers9 stocks up slightly
Manufacturers' inventories increased
only slightly in the first half of this
year after 10 successive quarters of
fairly steady rise. The annual rate of
accumulation averaged about $% billion (on a GNP basis) in the first two
quarters of 1964, as compared with
about $1% billion during 1963 and $2%
billion in 1962. During the third
quarter there was a small increase in
stockbuilding, and, if plans reported in
the latest OBE survey of manufacturers' inventory expectations materialize, there will be still a further rise in
the final quarter.
Stocks of nondurable goods producers
have changed little on balance so far
this year. In some industries, like
chemicals and paper, increasing output
has been accompanied by rising stock
accumulation. On the other hand,
textile inventories have fluctuated over
the past year: they rose sharply in the
final quarter of 1963, probably because
of a somewhat disappointing fall apparel
season at retail, and were cut back in
the following two quarters. This summer has witnessed a renewal of inventory
building.
Stocks of durable goods producers
have increased only moderately this
year despite the strong upsurge in
production and sales. With the demand
for steel buoyant, inventories of iron
and steel producers have been moving
up fairly steadily since late 1963.
Rising plant and equipment outlays
and prospects for further advances
have been responsible for the upward
trend in inventories of machinery and
equipment producers. On the other
hand, the general levelling out in
defense expenditures has caused a
decline in inventories of aircraft
producers.
Steel inventories
NONDURABLE GOODS
1962
1963
Seasonally Adjusted, at Annual
* Preliminary
1964
Rates
With steel production and consumption rising throughout the year steel
inventories have also increased. At
the end of August, total stocks held by
producing mills, warehouses and manufacturing consumers amounted to 29.6
million tons, an increase of 1.8 million
tons since the beginning of the year.
Of this gain 1.4 million tons are attributable to the producers; the remainder
is about equally divided between ware-
October 1964
At the end of August stocks of
manufacturing consumers were much
lower relative to consumption than
they were in August 1963 and somewhat
lower than in August 1962. In the
two previous years, however, stocks
were excessive because steel consumers
had attempted to hedge against strike
possibilities. While current stocks of
steel users may be roughly in line with
current production needs, in the months
ahead stocks may rise in relation to
consumption. Delivery times for steel
mill products have been lengthening;
in addition, some large steel users have
recently announced plans to build up
stocks prior to the expiration of the
steel labor contract next spring.
Trade stocks lower this summer
Much of the rise in inventories from
the last quarter of 1963 through mid1964 was at retail stores and wholesale
establishments.
Retailers'
stocks,
which had risen only slightly in the
first three quarters of 1963, showed a
very large increase in the final quarter
of 1963 ($2 billion annual' rate) and
further gains of almost $1% billion in
the first half of this year. Since midyear, stocks have dropped a little because of reductions at durable goods
outlets. Merchant wholesalers had
been increasing their inventories at an
annual rate of about $1 billion per
quarter since the second quarter of
1963; little if any increase took place
in the third quarter of this year.
It is fairly likely that the recent dip
in trade stocks is due to the unusual
strength of consumer demand. Since
retailers particularly and wholesalers
as well have been maintaining fairly
stable stock-sales ratios for some 3
years, they will probably take steps in
the months ahead to correct the recent
dip.
Auto manufacturers have attempted
to keep dealers well supplied with new
cars throughout the year. Although
stocks rose to a record level in the
early summer, on a seasonally adjusted
basis they were approximately stable,
in excess of 1 million units, from the
spring through August. The very high
rate of new car sales during September,
as well as the strike late in the month,
caused dealer stocks to fall moderately
by FRED CUTLER and SAMUEL PIZER
U.S. Firms Accelerate Capital Expenditures Abroad
A
notable expansion in foreign invest- 1963 was the sharp rise in the funds
ment by U.S. firms is now underway, used.3 The increase of $1.6 billion,
and a sustained high level is indicated about 28 percent, came from a $0.6for 1965, according to the latest OBE billion gain in internal cash flows (resurvey of foreign investment plans.1 tained earnings and depreciation), a
For 1964, companies have projected major increase of $0.6 billion in exexpenditures of $5.9 billion on plant ternal financing from foreign sources,
and equipment abroad—a 16-percent and a rise of $0.4 billion in funds from
gain over 1963 and more than in any U.S. sources. Increased plant and
year since these surveys began in 1957. equipment expenditures in 1963 for
For 1963, these expenditures are now the three major industries absorbed
reported at $5.1 billion, slightly higher $0.4 billion of the increased flow of
than was anticipated in the reports funds, but the major part of the insubmitted last year.
crease was used to finance working
The projections made for the period capital and the acquisition of other
two years ahead have usually been assets.
quite low for manufacturing operations.
If, in addition to the projected sharp
Although the 1965 level as reported is increase in fixed investment, the flow of
somewhat below the 1964 amount, an working capital required by the foreign
upward correction of the size indicated affiliates should rise further in 1964, a
for 1963-64 (see chart on page 6) severe strain on their financial rewould more than offset the apparent sources would result. With tighter
decline. For other major industries monetary policies in many foreign
there is not so clear cut a tendency in countries limiting the availability of
the 2-year ahead projections, but in external financing abroad, which was
any case the reports indicate a strong so large a factor in 1963, an enlarged
rate of investment in 1965.
flow of funds from the United States
This heightened investment activity is indicated. Data available on direct
in manufacturing came as sales of investment capital outflows for the first
foreign manufacturing affiliates are also half of 1964, however, do not yet show
scoring significant gains. Total sales any significant change in the rate
for 1963 reached $31.3 billion, a 13-compared to 1963.
percent increase over 1962 and the
most rapid upswing yet reported.2
Plant and Equipment
Higher sales were experienced in all
Expenditures
product lines and nearly all foreign
areas; the greatest gains were in the transAmerican industry is now engaged in
portation equipment industry (largely raising both domestic and foreign capiautomobiles) and in European opera- tal expenditures by very large amounts.
tions. Virtually none of the increase
For all industries the 16-percent inin sales of the foreign affiliates represented higher exports back to the crease in foreign outlays projected for
1964 may be compared with an exUnited States.
pected
domestic increase of 13 percent.
Another significant feature of the
foreign operations of U.S. companies in For manufacturing operations alone
(excluding petroleum refining) there is
a
marked difference in investment
1 For a description of the survey and its coverage see the
methodology note at the end of the article.
2 A small part of the increase in sales represented the
inclusion of 1963 figures and the exclusion of 1962 data of
previously existing foreign firms acquired by U.S. companies.
3
Data for sources and uses of funds are tabulated only for
the manufacturing, petroleum and mining industries, which
are the major sectors for U.S. foreign investments.
Capital Expenditures Abroad by
U.S. Manufacturing Companies
Major advances indicated for developed
countries, notably Canada
Million $
800
DEVELOPED COUNTRIES
Canada
600
Other Europe
400
200
Other Developed
Countries
1957
58
59
60
61
62
63
64
65
Moderate increases for less developed
600
LESS DEVELOPED COUNTRIES
400
Latin America
Other Less
Developed Countries
200
x
Transport equipment and chemicals lead upturn
800
BY COMMODITY
Transport Equipment
600
Other Commodities
400
200
Primary and Fabricated Metals
1957
58
59
60
61
62
U.S. Department of Commerce, Office of Business Economics
63
64
65
64-10-
6
SURVEY OF CURRENT BUSINESS
stock in existing enterprises. The latter type of investment appears immediately as a capital outflow in the balance
of payments accounts, and the capital
outlays of the newly-acquired firms
subsequently become part of the series
Strong rise in Europe
on plant and equipment expenditures
A further substantial step-up in Euro- of foreign affiliates.
While many factors affect the indipean investment of U.S. firms is already
vidual
investment decisions of the
evident in 1964, continuing the path of
firms,
the
principal considerations influrapid expansion begun in the late
encing
the
European expansion are
1950's. Not only are expenditures of
probably
the
expectation of a strong
affiliates for new plant and equipment
rate
of
economic
growth—without too
greater, but in the past few years large
much
concern
with
temporary setbacks
sums have also been spent to acquire
in one country or another—and great
financial strength of both the parent
companies and many of the European
affiliates themselves.
Projections of Plant and Equipment
Most of the increase in capital exExpenditures Abroad
penditures in Europe in 1964 is sched• Manufacturing affiliates project major
uled for manufacturing operations, esincrease in outlays for 1964
pecially for motor vehicles, machinery,
• Sustained high level suggested for 1965
and chemicals. Petroleum companies
based on past performance of 2-year
had
raised their European investments
projections
to
a
peak rate in 1963, constructing the
Billion $
3.5
refineries and distribution facilities
MANUFACTURING AFFILIATES
needed for rapidly expanding demand
and also developing some local gas and
• Actual
Projected 1-year ahead
oil resources. A similar pace is being
3.0
O Projected 2-years ahead
maintained in 1964, though there is
considerable shifting among countries,
and no significant change from this
2.5
relatively high level is indicated for
1965. However, a new development
as yet reflected only to a minor extent
2.0
in these figures is the exploration and
development of oil reserves that may
be found under the North Sea. This
search will be very active in 1965, and
will cause sizable increases in either
plant and equipment expenditures or
charges against earnings for the costs
i.o
of exploration. Affiliates in the trade
I960
1961
1962
1963
1964 1965
and distribution industries are also
making
substantial capital expenditures
Petroleum projections also show strong
in Europe, and they have scheduled
in vestments ahead
substantially higher rates of investment
2.5
in
1964 and 1965.
PETROLEUM AFFILIATES
Among the countries of Europe, the
United Kingdom is slated for the largest
2.0
rise in 1964 capital expenditures, led by
expansions in motor vehicles and chemicals; outlays are expected to continue
1.5
high in 1965. Germany is receiving
most of the increase in manufacturing
investment in the Common Market,
I960
1961
1962
1963
1964
1965
but German petroleum investment is
U.S. Department of Commerce, Office of Business Economics
64-io-s
less than in the past few years.
rates: foreign expenditures are scheduled to rise 26 percent while domestic
plant and equipment expenditures are
expected to advance 16 percent this
year.
October 1964
Canadian outlays high
This year U.S. firms expect capital
outlays for manufacturing in Canada
to reach $710 million, a striking upward
revision from last year's projection of
$434 million for 1964. The new estimate would represent a one-third gain
over 1963 outlays. The revision of plans
cut across several major industries and
was much greater than in prior years;
it suggests stronger expectations of
continued growth in the Canadian
economy and in foreign markets for
some of these manufactures. Recent
actions of the Canadian government
rescinding proposed tax increases and
providing credit against certain import
duties when exports of automotive
components are increased, may also
have induced some investments. This
is also indicated by the high projection
of relatively high investment in the
transportation equipment industry for
1965.
Petroleum and mining investments
are also important in Canada. The
projections for the former show a small
dip in 1964 and a recovery in 1965
to a substantial level, though not so
high as was experienced when new fields
were being opened up in the 1950's.
Some new mineral deposits are now
under development in Canada, and
capital expenditures in the mining
industry are likely to be well sustained.
Rising outlays
countries
in other
developed
In each of the other major developed
countries—Australia, Japan, and the
Union of South Africa—there is considerably heightened investment activity by U.S. companies in 1964 and a
similar scale of activity has been projected for 1965. Manufacturing investments in Australia are at a record
rate, owing largely to the expansion of
the auto industry, and to the increase
in manufacturing facilities of aluminum
producers. The automobile industry
is also responsible for much of the
recent investment advance in South
Africa.
Outlays by petroleum companies for
refinery construction are high and
rising in Japan; in Australia also the
industry is spending considerable
amounts, including some to develop
reserves. Mining investments in the
SURVEY OF CURRENT BUSINESS
October 1964
appear to have stabilized in the range $480 million, about $70 million more
of $250-300 million annually. It also than was spent in 1962. Most of the
appears that mining investments will expenditures were by petroleum combe held at their current relatively low panies, who carried out substantial
Scattered gains in less-developed levels, unless there is a significant development programs in Canada and
countries
Latin America, and who raised their
change in policy in some countries.
Capital expenditures by U.S. com- Other areas in the Western Hemi- expenditures in Europe, Africa and the
panies in the less-developed countries sphere, primarily dependencies or Middle East. Details are shown in the
of the world are projected to move former dependencies of European coun- preceding table.
somewhat higher in 1964, but their share tries, have been attracting substantial
of the total would remain at nearly 30 investments in recent years. Mining Foreign Plants Raise Output
percent. Sizable gains, are limited to in Surinam and Jamaica, petroleum in
Reflecting the rapid buildup of proTrinidad, and manufacturing in Trinirelatively few countries.
duction facilities, and the acquisition
In the Latin American Republics, dad and the Bahamas, all involve large of some existing companies, sales of the
manufacturing investments are up con- capital outlays by U.S. firms.
foreign manufacturing affiliates of U.S.
For the less-developed countries of firms grew vigorously in 1963, advancsiderably, centered on a record expansion in Mexico with small improvements Africa, by far the most important in- ing 13 percent to a total of $31.3 billion.
in most other countries. Larger auto- vestment by U.S. companies is in the The absolute increase over 1962 was a
motive investments were induced by petroleum industry in North Africa, record $3.6 billion, of which $1.3 billion
measures in Mexico and other countries mainly in Libya. Petroleum investto restrict imports, and investments in ments also predominate among U.S.
chemicals were also raised considerably. investments in the less-developed counReductions now projected for 1965 may tries of Asia. In the Middle East
Exports and Foreign Sales
be moderated, given a greater degree of there has been a steady though moderFor most iiuijor manufactures, sales by
political stability in the larger countries ate increase in capital outlays for some
foreign plants are larger and faster growing
of the area. Petroleum investments time, for the extension and developthan exports from the U.S.
ment of existing and new fields and the
rising level of output needed to meet Billion $
Billion $
10
world demand. A sizable volume of 10
TRANSPORT
CHEMICALS
investment
in
Far
Eastern
countries,
EQUIPMENT*
Capital Expenditures by U.S. Companies
especially India and the Philippine
Here and Abroad
Republic, has been required to construct
1957 = 100
oil refineries and distribution facilities.
MANUFACTURING*
There are a few instances of gains in
200
manufacturing investments in these
less-developed areas; they include the
construction of aluminum producing
facilities in West Africa, and somewhat
U.S. Exports
150
higher capital expenditures in India and
the Philippine Republic.
Union of South Africa and Australia are
fairly sizable and are showing moderate
increases.
Exploration and development
expenditures
100
50
i
I
I
I
I
I
I
An important part of investment
activity for the extractive industries
is accounted for by charges against
earnings. In 1963 these charges were
I
ELECTRICAL
MACHINERY
MACHINERY
EXCEPT ElfcCTRiCAL
PAPER AND
ALLIED PRODUCTS
RUBBER
PR00UCIS
Exploration and Development Expenditures Charged
Against Incomes, 1962 and 1963
PETROLEUM AND MINING
(Millions of dollars)
Total
100
50
i
1957
i
58
i
59
I
60
I
61
I
62
I
63
I
64
65
*Excludes primary iron and steel, and petroleum
Petroleum
Mining
1962
1963
1962
1863
1962
All areas _ _.
411
483
371
451
40
32
Canada
Latin America
Europe
Other areas
157
93
20
141
172
100
28
183
127
87
20
137
150
94
28
179
30
6
(*)
22
6
(*)
4
1963
1957
60 61 62 63
1957
^Excludes civilian aircraft
U.S. Department ot Commerce, Office of Business Economics
64-10-6
*Less than $500,000.
U.S. Department of Commerce, Office of Business Economics
60 61 62 63
8
SURVEY OF CURRENT BUSINESS
was accounted for by the fast-growing
transportation equipment industry.
Sales of each of the other manufacturing industries also rose substantially
in 1963.
Half of the sales increase in 1963 was
registered by European plants, led by
a 25 percent jump in sales of automobiles and parts and sizable gains in
chemicals and electrical machinery.
The rate of increase in manufacturing
sales accelerated in most of the European countries, and was outstanding in
Italy, France and Germany. The
largest absolute gains were nearly $500
million for Germany and $700 million
for the United Kingdom. In all cases,
the sales of U.S. affiliates increased very
much faster than overall industrial production, which also registered strong
gains in most countries of the area.
Sales of Canadian plants also turned
up sharply, sharing in the rise in Canadian industrial production, and exceeded $10 billion in 1963. Here, as
in other areas, a considerable part of
the sales gain was in the transportation equipment industry.
Among the other developed countries
the largest increases were in Australia
and Japan, reflecting the intensive investment activity of recent years.
In the less-developed countries, there
was comparatively little expansion of
output by U.S. manufacturing plants.
In Latin America the increase was about
7 percent, mainly in food products and
chemicals, and in some categories
sales were lower. Mexico and Venezuela showed substantial improvement,
and Argentina recovered from the dip
in 1962. Only minimal increases in the
dollar value of sales occurred in Brazil,
but the change in volume of sales is not
clear because of the very sharp change
in exchange rates and general price
indexes.
Since 1957 the rate of increase in
sales of manufacturing affiliates has
been about the same in less-developed
countries as in the industrialized countries—about 70 percent. In dollar
terms they have accounted for only
about $2 billion of the $13-billion rise
in sales over the period. Moreover,
three-fourths of the sales gain in the
less-developed countries has been in a
few larger countries in Latin America.
Continuing the pattern of recent
years, sales from foreign plants grew
faster than exports from the United
States in 1963 for major categories of
manufactures. For the products shown
in table 8, sales of foreign affiliates
increased 14 percent while U.S. exports
rose about 6 percent. For some items,
especially chemicals and electrical machinery, exports performed well in 1963
compared to the experience since 1957,
but did not match the growth of foreign
sales in U.S.-owned plants abroad.
The disparity in growth rates is
notable in Latin America, where LT.S.
exports of these manufactures declined
during the 1957-63 period while local
sales by affiliates rose. In Europe,
both U.S. exports and sales of U.S.
affiliates have been gaining as these
countries have expanded their economies, but sales by affiliates have increased much faster. In the rest of
the world the growth paths of exports
and foreign sales since 1957 have shown
similar upward trends.
Participation in foreign trade
Sales of mining
Most sales of manufactures by foreign
affiliates—$2 percent—are made in the
same countries in which the plants are
located. Of the $5.5 billion exported
in 1963, $1 billion came to the United
States and $4.5 billion was exported to
third countries abroad. Export sales
by these firms now account for approximately 10 percent of all exports of
manufactured goods by countries other
than the United States. For some
goods, including chemicals, paper and
related products, food items, and rubber
products, the proportion is somewhat
higher than this, and for transportation
equipment the foreign affiliates account
for about 15 percent of all foreign
exports.
Exports to the United States did not
rise materially in 1963 (table 7), and
are not much different from the 1957
amounts. Imports from Canada now
account for 75 percent of the sales into
the U.S. market; imports from Europe
remain small and consist mainly of non-
In contrast to the rapid increase in
sales of manufacturing affiliates abroad
from 1957 to 1963, the sales of mining
affiliates have advanced only 20 percent.
Since the prices of the major metals
produced—copper, lead, zinc, iron ore,
and bauxite—declined by approximately 10 percent in the period, the
Sources and Uses of Funds of Foreign
Affiliates of U.S. Companies
LLS. funds (i minor factor (is financing
rises sharply
2 -
Fund$"Ffom-U&
-..-
JL,
LJ_
L.
USES
6
_
Total
Rant It
o
i 1957
1958
f
i
1959
.i
1960
i
1961
t
1962
i
1963
1964
Note: Includes only foreign affiliates in the mining, petroleum, and manufacturing industries. Total sources and uses are after deducting income paid out.
U.S. Department of Commerce, Office of Business Economics
64-io-s
October 1964
electrical machinery and automobiles,
and only food products and chemicals
enter in sizable amounts from other
areas.
Exports lag behind foreign production
affiliates
Sales of Mining Affiliates Abroad, Total and Exports, 1957
and 1963
(Millions of dollars)
Total
sales
1957
1963
Exported
to U.S.
Exported
to other
countries
1957 1963 1957
1963
2,032 2,402
898
962
Canada
740 1,000
400
465
216
300
Latin America, total,
Mexico, Central
America and1
West Indies
South America
Other Western Hemisphere
Europe
Africa.. ..
Asia and Oceania
920
963
403
452
413
389
223
586
223
620
112
228
123
227
44
321
20
352
111
70
238
65
120
50
285
104
63
4
77
14
102
2
37
6
48
48
112
20
17
38
244
37
All areas, total .
809 1,008
1
West Indies includes Cuba, Haiti and Dominican Republic in 1957, but excludes Cuba in 1963.
October 1964
gain of output in physical quantities
was roughly one-third.
Most of the increase in mining sales
has been in Canada, accounted for
largely by new iron ore producers. In
Africa there have been increases in
iron ore, and in Latin America sales of
the copper-lead-zinc group, and of
bauxite, have risen. With new production facilities being installed abroad
by U.S. companies, and an upward
movement of prices since 1963, sales of
these affiliates should move ahead at a
somewhat faster pace.
Sources and Uses of Funds
Last year foreign affiliates of U.S.
companies raised their use of funds by
over $1.6 billion, far more than in any
other year since 1957, as they utilized
nearly $7.6 billion of financing. These
figures cover firms in the mining,
petroleum and manufacturing industries, and are after deducting $2.8
billion of income distributions. Manufacturing affiliates stepped up their
financing to record amounts and petroleum affiliates approached their 1957
peak.
Of the $1.6 billion increase in funds
utilized, $.4 billion came from retained
earnings, $.2 billion from depreciation
charges, nearly $.4 billion from U.S.
sources, including both parent companies and others, and over $.6 billion
from external sources abroad.
Manufacturing affiliates in Canada
and Europe accounted for the rise in
retained earnings, as their incomes rose
substantially while dividends were reduced. Petroleum affiliates were responsible for the rise in U.S.-source
financing; some of these funds were
needed to finance larger outlays connected with acquisitions of existing
firms in Canada and reductions of tax
and other liabilities of Latin American
affiliates.
Intensified use of foreign-source external financing was a major factor in
the financing of manufacturing and
petroleum affiliates in 1963. In both
cases the external financing occurred
primarily in Europe.
The increase in foreign-source funds
used in 1963 consisted very largely of
higher liabilities in the form of accounts
payable, tax and other accrued liabil
http://fraser.stlouisfed.org/
744-465 O—64—-£
Federal Reserve Bank of St. Louis
SURVEY OF CURRENT BUSINESS
Table 1.—Plant and Equipment Expenditures of Direct Foreign Investments,
Industries, 1957-65
Major
(Millions of dollars)
Area and industry
All areas, total .
_
Mining and smelting
Petroleum .
Manufacturing
Trade
Other industries. .
_
1957
1958
1959
1960
1961
1962 *
1963
1964*
_ .
4,819
3,705
437
1 558
1, 147
198
365
3,789
426
1 467
1,337
256
303
4 618
__ „
4,097
420
1 854
1,180
191
452
4,122
2, 322
1,347
1 534
1,697
1 628
1,941
354
257
5,058
398
1 889
2 153
354
264
5,864
431
1 940
2 730
446
317
2 005
2 533
1,311
1,179
'?40
1,259
1,016
1 ,163
1,279
1 457
9
1 407
1,269
1 ,003
750
78
340
207
35
90
795
87
306
250
45
107
860
95
339
281
46
99
870
109
307
305
46
103
979
120
321
360
60
118
860
124
313
266
58
99
976
1 092
1 474
1 674
1 895
2 102
2 045
1,034
1, 214
183
31
229
27
1, 188
688
56
422
138
36
36
1,014
1 ,326
1,375
421
186
543
Canada, total _ _
Mining and smelting
Petroleum - _
Manufacturing
Trade
. _ ._
Other industries
1 ,593
163
584
561
47
238
Latin America, total l
Mining and smelting
Petroleum-,
Manufacturing
_
Trade
_ _
Other industries -
1,687
216
, _
1,039
174
20
238
172
510
404
55
170
221
577
202
31
238
290
360
384
60
165
380
389
45
125
147
449
193
31
183
Europe, total
Mining and smelting
Petroleum
Manufacturing
Trade
- _
Other industries. .
899
2
275
497
107
18
422
460
87
7
906
2
339
450
101
14
Other areas, total
Mining and smelting
Petroleum Manufacturing
Trade
Other industries. .
640
40
424
115
12
49
541
27
345
114
18
37
617
48
390
115
21
43
r
Revised.
l
« Estimated on the basis of company projections.
2
345
608
125
12
312
438
307
272
165
315
385
39
112
245
300
458
55
105
1
438
847
175
13
4
494
953
200
23
837
59
475
216
48
40
921
94
495
249
53
30
195
375
535
71
103
5
642
89
565
279
54
97
24
300
710
78
145
4
628
83
691
446
79
27
1965 •
5 687
416
456
277
202
360
657
70
118
4
576
248
29
86
756
422
80
31
Includes " other Western Hemisphere."
NOTE.—Detail may not add to totals because of rounding in this and the following tables.
Table 2.—Plant and Equipment Expenditures Abroad by U.S. Manufacturing Companies,
by Area and Major Commodity, 1960-65
(Millions of dollars)
Total
Food
products
1,337
1 697
1,941
2,153
2,730
2,533
97
116
126
132
154
127
Canada :
1960
1961 r
1962
1963
1964 *
1965 *
384
385
458
535
710
657
Latin America:1
1960
1961 r _
1962
1963
_
1964 «
1965 • .
Europe:
Common Market:
1960
1961
1962 '
1963
1964 •
1965 «__
Areas and Years
All areas, total:
1960
1961
1962 '
1963
1964 e«
1965
Other Europe:
1960
.
1961
1962 '
1963 _
1964 *1965 «
Other areas:
1960
1961
1962 r
1963
1964 «
1965 «
r
Revised.
_
Primary Machinand fab- ery excluding
ricated
metals electrical
Other
TransElectrical portation manufacturing
machin- equipery
ment
Paper
and
Chemallied
icals
products
Rubber
products
78
71
95
134
142
132
237
278
308
436
571
440
68
91
91
98
102
94
133
169
162
204
262
224
132
205
214
232
282
298
104
141
177
164
188
167
336
473
585
530
790
809
152
153
183
223
239
242
30
20
28
30
26
23
55
54
75
100
103
90
75
55
110
162
130
15
18
19
16
22
20
49
55
57
60
100
50
17
40
38
39
47
60
30
31
50
40
49
43
63
60
65
94
145
193
50
52
51
46
56
48
207
250
281
305
360
266
24
37
35
32
32
19
7
5
6
9
13
11
49
48
52
94
111
70
12
19
12
17
19
17
11
23
20
16
15
13
8
9
10
16
20
18
18
27
25
19
27
20
47
52
81
50
92
69
31
30
40
52
31
29
328
475
548
534
584
592
17
30
30
29
32
33
2
3
4
7
5
6
44
63
54
82
83
70
11
11
26
26
22
20
10
19
25
45
41
34
72
105
85
100
104
128
21
36
44
39
37
40
128
181
245
155
214
217
23
27
35
51
46
44
280
372
405
500
630
596
18
17
21
24
42
27
3
4
6
10
6
6
42
49
51
71
97
66
15
15
12
18
12
12
50
46
45
46
44
45
24
38
65
60
92
74
18
30
41
51
50
42
74
141
123
166
201
220
35
31
41
54
86
104
138
216
249
279
446
422
8
12
12
17
22
25
12
5
4
8
15
19
28
63
76
79
118
104
16
28
22
21
27
25
13
26
15
37
62
82
10
13
16
17
19
18
16
17
17
15
25
22
23
39
71
65
138
110
12
13
16
20
20
17
« Estimated on the basis of company projections.
l
Includes "other Western Hemisphere."
10
SURVEY OF CURRENT BUSINESS
ities, and possibly some long-term borrowing. There was some increase in
the use of foreign financial institutions,
which provided about $400 million in
1963, but the sale of equity securities to
foreign investors was down a little at
$334 million.
October 1964
ahead projection) and for the following year. Thus, reports
filed by mid-year 1964 gave an actual plant and equipment
figu e for 1963. together with projections for 1964 and 1965.
T e benchmark data for all of the series are provided in the
com rehensive survey covering 1957, published in U.S.
Bus less Investments in Foreign Countries in 1960. The
sam le has been gradually expanded over the years; the
coverage and blow-up procedures for each major series are
as follows:
reports supplied by the companies;
they range from investments in the
stock of existing companies — or their
outright acquisition — to accumulations
of liquid assets in the form of deposits
or government obligations. Investments in other enterprises were sizable
for the petroleum industry in Canada.
Plant and equipment expenditures
Reported and expanded estimates of plant and equipment
expenditures for 1963 are as follows:
Financing of Affiliates from External Sources Abroad
(In millions of dollars)
(Millions of dollars)
Total
Mining
and
smelt-
ing
Total:
1962
1963
Petroleum
506
Manufacturing
1,521
2,146
107
102
777
1,267
Borrowing from financial
institutions:
1962
1963
..
307
404
12
12
144
212
151
180
Funds from foreign affiliates:
1962
1963
_.
25
18
18
18
14
-90
-7
90
Other increases in foreign
liabilities:
696
1962
1,294
1963
_---
4
62
218
389
474
843
Issues of equity securities:
1962
1963
_
353
334
65
10
51
149
237
175
Other foreign sources:
1962
1963
140
96
8
79
117
53
-21
-_
908
Reported Estimated
data
total
Basic data used in this article are supplied by a sample of
450 U.S. firms reporting on Form BE-133, Sources and Uses
Of Funds of U.S. Direct Investments Abroad. The reports
are completed by most firms in the early summer months of
the current year, giving data on sources and uses of funds,
and sales of each foreign affiliate for the preceding calendar
year, and providing projections of plant and equipment expenditures for the current year (referred to as the 1-year
All industries
Mining and smelting.
Petroleum
Manufacturing _
Trade
Other industries
Percent
reported
3 817
5 058
75
306
1 642
1,491
242
136
398
1 889
2 153
354
264
77
87
69
68
52
Table 3.—Plant and Equipment Expenditures of Direct Foreign Investments, by Country
and Major Industry, 1962-65
(Millions of dollars)
(*)
*Less than $500,000.
Uses of funds
While plant and equipment expenditures in 1963 continued to absorb the
major portion of available funds—$4.4
billion out of total resources (less income distributions) of $7.6 billion—
funds required to add to inventories,
receivables and other assets jumped to
a record $3.1 billion. Thus, out of the
total increase of $1.6 billion in financing in 1963, fixed investments used
$.4 billion and additions to current
and other assets used $1.2 billion.
Inventories of manufacturing affiliates expanded considerably in 1963,
but the increase was less in relation to
the sales gain than in recent years.
Petroleum inventories increased very
little. Receivables were considerably
increased relative to sales, however, by
manufacturing affiliates operating in
Canada and Europe, and receivables of
petroleum companies increased by
smaller but still substantial amounts in
Europe and Asia.
Much of the upsurge in financing requirements in 1963 resulted from the
addition
of $1.2 billion to "other" assets
of the foreign affiliates. The nature of
Methodological Note
1964 «
1963
1962 '
1965 •
Mining
and
smelting
Petroleum
All areas, total.. _ . .
438
1,628
1,941
398
1,889
2,153
431
1,940
2,730
416
2,005
2,533
Canada - . _
245
300
458
195
375
535
224
300
710
202
360
657
63
277
274
75
245
268
66
269
346
78
269
249
5
5
(**)
44
2
42
51
50
1
5
2
42
10
32
65
60
5
12
10
2
27
2
25
113
108
5
10
8
2
26
2
24
65
59
6
58
(*)
3
233
38
4
(*)
32
9
145
(*)
223
115
63
4
7
6
25
3
68
(*)
203
12
3
(*)
30
10
142
(*)
203
86
57
4
23
13
16
4
54
(*)
4
24
(*)
10
(*)
1
242
14
2
(*)
42
12
167
(*)
233
93
63
8
26
20
18
5
68
(*)
4
26
(*)
26
(*)
2
243
13
3
(*)
35
11
175
(*)
184
64
54
6
24
15
16
5
Latin American Republics, total.
Mexico, Central America
and West Indies, total
Mexico
Other countries
South America, total
Argentina
BrazilChile
Colombia
Peru..
Venezuela
Other countries
Other Western Hemisphere
Europe, total
Common Market, total
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Other Europe, total
Denmark
Norway
Spain.
Sweden
Switzerland
United Kingdom
Other countries
Africa, total
North Africa
East Africa
West Africa .
Central and South Africa,
total
Union of South Africa. _
Other countries
Asia, total.
Middle East
Far East, total
India
Japan
Philippine Republic
Other countries
Oceania, total __ .
Australia .. Other countries
20
(*)
27
(*)
2
Manu- Mining
facand
turing smelting
25
(*)
18
(*)
1
Petroleum
Manu- MinManu- MinManuing
ing
facPetro- facPetro- facleum
leum
turand
turand
turing smelting
ing smelting
ing
32
62
7
34
62
37
54
52
14
46
44
17
4
494
953
5
642
1,034
4
628
1,214.
4
576
1,188
(**)
269
548
1
386
534
1
363
584
1
278
592
(**)
(**)
(**)
(**)
9
74
115
29
42
225
30
7
26
100
3i)l
39
11
55
184
85
50
256
37
8
20
25
4
140
22
38
110
261
89
36
500
5
12
23
17
10
399
34
24
78
85
130
46
265
22
9
13
27
13
138
43
48
121
319
61
35
630
6
12
30
14
11
528
29
21
60
80
82
35
298
28
11
10
28
12
175
34
35
133
335
52
37
596
4
13
11
14
13
512
29
24
1
(**)
3
55
75
1
1
22
54
25
250
183
14
16
30
242
166
19
20
97
1
(**)
52
4
(**)
(**)
4
69
(**)
(**)
43
26
14
12
1
1
(**)
1
24
24
(**)
(**)
(**)
4
(**)
(**)
(**)
3
(**)
(**)
(**)
3
30
4
125
22
405
2
8
11
14
10
350
10
176
137
15
11
12
(**)
(**)
1
58
38
164
129
14
8
13
(*)
(*)
11
11
20
15
5
13
(*)
(*)
20
19
1
30
25
5
37
(*)
(*)
51
50
1
24
20
4
37
(*)
(*)
44
44
(**)
178
72
106
(*)
(*)
(*)
(*)
115
6
109
26
59
15
9
2
297
125
172
(*)
(*)
(*)
(*)
116
5
111
17
49
20
25
2
346
137
209
(*)
(*)
(*)
(*)
162
5
157
28
65
44
20
2
433
170
263
(*)
(*)
(*)
(*)
157
5
152
26
73
34
19
76
(*)
(*)
122
119
3
29
29
64
(*)
(*)
139
136
3
26
26
50
(*)
(*)
209
200
9
30
30
61
(*)
(*)
168
159
9
65
(**)
(**)
1
3
2
1
1
40
(**)
(**)
3
2
1
1
45
(**)
(**)
3
2
1
1
20
t.hp, basis nf o.omoanv uroiections.
SURVEY OF CURRENT BUSINESS
October 1964
For the three major industries, mining, petroleum and
manufacturing, estimates are made by linking back each
country/industry cell to the last year for which the estimate
is considered final, and supplementing the percentage
change indicated by matching samples of foreign affiliates
with data on newly reported affiliates and from other relevant
sources. For manufacturing affiliates the stratification is
carried to a two-digit SIC level. Data for the smaller industries are expanded in a similar way, but no attempt is made
to obtain a sample large enough to warrant derivation of
country data.
With these more broadly based estimates, and the estimate for plant and equipment expenditures established,
the principal remaining items requiring estimation are funds
obtained abroad, depreciation and depletion charges, inventories, receivables, and "other" assets. Of these, the annual
change in depreciation charges is relatively regular; for the
others the changes indicated by the sample reported are used
Sales of Foreign
Affiliates
estimates for these items are subject to a considerable range
Although most of the firms reporting on Form BE-138
include data for sales, no attempt has been made since the
1957 survey to develop a total for all industries. For some
industries—trade and distribution, finance and insurance,
and contractual services—coverage has been small and data
on sales or revenues are not very significant for economic
analysis. For the petroleum industry data on physical
production or refinery capacity can be developed, but the
computation of an unduplicated dollar value of sales is so
complex that it cannot be done annually with available
resources. Consequently, sales data have been developed
and published annually in detail only for the manufacturing
affiliates, with occasional estimates of the sales of foreign
mining affiliates.
of error, though it is believed the principal trends are correctly indicated.
as a base, but a balancing of individual items is required to
effect a reconciliation of total sources and uses. Because
the changes in working capital items are often erratic, the
11
Definition of Foreign
Affiliates
As used in this article the term "foreign affiliate" applies
to unincorporated foreign branches of U.S. firms, or foreign
corporations in which U.S. companies have a directly held
voting interest of 25 percent or more. In practice, the voting
interest is predominantly in the range of 75 percent or more.
The data used for each affiliate are taken for its entire
operation —no reduction is made to allow for the interest of
foreign stockholders in the operations of the affiliates. This
tends to inflate somewhat the U.S. interest in these firms,
but no practical way exists, in this context, for other procedures to be used. Also, the reports do not cover operations
of secondary foreign affiliates (i.e., affiliates owned through
a foreign corporation itself directly owned in the United
States) when they are not consolidated by the reporter.
Table 4.—Domestic and Foreign Expenditures for Plant and Equipment in Selected
Industries, 1962-64
(Millions of dollars)
Expenditures 1962 r
Industry
PerFor- cent of
DoDoTotal mestic eign
for- Total mestic
eign to
total
For manufacturing affiliates the reported sample and the
expanded estimates of total sales for 1963 are as follows:
Expenditures 1964 «
Expenditures 1963
PerFor- cent of
Doeign
for- Total mestic
eign to
total
PerFor- cent of
eign
foreign to
total
(Millions of dollars)
Reported Estimated
total
data
All areas
Canada
Latin America
Europe. _
_ _.
Other areas
_
Manufacturing, total for selected industries...
-. 9,438
Percent
reported
21,411
31,317
68
6,443
2,736
9,978
2,254
10, 387
4,285
13, 610
3,035
62
64
73
74
Food products
Paper and allied products...
Chemicals
Rubber products
.
Primary 1 and fabricated
metals
Machinery, except electricalElectrical machinerv... ..
Transportation equipment..
Mining and petroleum
Sources and Uses of Funds
r
The computation of universe estimates for sources and uses
of funds of foreign affiliates from the sample returns is done
only for the three major industries for which sample coverage
is adequate, and is benchmarked on complete reports for
1957. Certain of the items—net income, funds from the
United States, income paid out and retained earnings—are
related to data reported by a much larger group of companies
on quarterly reports (BE-577 and BE-578) required for the
compilation of the balance of payments accounts. This
relationship is illustrated in the following table:
Reconciliation of Data on Capital Flows and Earnings, 1963
Revised.
7,680
1,758
18.6 10, 090
Net capital outflow appearing in balance of payments
accounts
_ _
_ Less:
Purchase of existing enterprises and minority interests
Retained branch profits
Plus:
U.S. financing, other than
parent
Other adjustments and residual
Equals:
Net funds from U.S. (table
9)
Undistributed earnings of
subsidiaries consistent with
balance of payments accounting l
Plus:
Undistributed earnings of
minority interests
Retained branch profits
Other adjustments and residual
Equals:
Retained earnings as derived from table 9
1,591
65
810
716
253
-52
-2
71
-51
182
1
(*)
35
(*)
—1
—35
9
—1
Q
1 389
41
789
559
1 100
66
182
852
241
-52
62
-2
52
-51
127
1
169
13
73
83
1,458
139
256
1,063
1
http://fraser.stlouisfed.org/
Not actually included in U.S. balance of payments
statement.
Federal
Reserve Bank of St. Louis
1,930
19.1 11,941
9,450
2,491
20.9
13.1
12.9
24.6
27.4
815
1,868
321
990
720
1,560
230
126
95
308
91
11.3
11.7
16.5
28.3
1,102
854
2,046
338
970
720
1,610
240
132
134
436
98
12.0
15.7
21.3
29.0
1,174
1,102
2,321
372
1,020
960
1,750
270
154
142
571
102
1,092
1,484
857
1,885
930
1,270
680
1,300
162
214
177
585
14.8
14.4
20.7
31.0
1,304
1,472
854
2,120
1,100
1,240
690
1,590
204
232
164
530
15.6
15.8
19.2
25.0
1,622
1,812
858
2,680
1, 360
1,530
670
1,890
262
282
188
790
16.2
15.6
21.9
29.5
6,026
3,960
2,066
34.3
6,247
3,960
2,287
36.6
6,931
4,560
2,371
34.2
1,116
• Estimated on basis of company projections.
l
Excludes primary iron and steel producers.
NOTE.—Foreign expenditures include acquisitions of existing fixed assets, which are excluded from the domestic series.
Table 5.—Sales by Direct Foreign Investments, Principal Commodities by Areas, 1957
and 1959-63
(Millions of dollars)
Paper
Manufac- Food
turing
prod- and allied
ucts products
total
Areas and years
Chemicals
Rubber
products
(Millions of dollars)
Total, Minspeciing Petro- Manufacfied
and leum
indus- smeltturing
tries
ing
8,160
Primary Machin- Electrical Transpor- Other
prodtation
and fab- ery ex- machinucts
cluding
ery
equipricated
ment
metals electrical
All areas, total:
1957
1959
I960.
1961
1962
1963
18, 331
20 870
23, 315
25, 195
27, 714
31,317
2,457
2,810
2,920
3,270
3,385
3,667
881
940
1,005
1,055
1,160
1,269
2,411
2,950
3,290
3,845
4,245
4,832
968
,040
,170
,215
,367
,415
1,548
1,590
1,680
1,875
2,033
2,333
1,903
2,200
2,490
2,735
3,019
3,311
2,047
'2, 100
2,280
2,470
2,850
3,220
4,228
5,140
6,170
6,000
6,665
7,960
1,889
2,100
2,310
2,730
2,990
3,310
Canada:
1957
1959. _
1960
1961__
1962
1963
7,897
8,440
8,665
8,665
9,375
10, 387
928
1,060
1,020
1,095
1,115
1,142
769
800
845
860
920
969
897
1,070
1,150
1,300
1,250
1,352
272
290
310
295
360
385
927
950
920
940
1,065
1,148
695
760
780
760
790
881
1,080
1,030
1,040
1,000
1,115
1,300
1,488
1,600
1,650
1,450
1,730
2,090
842
880
950
965
1,030
1,120
2,435
2,830
3,180
3,640
3,999
4,285
608
740
750
780
820
940
55
60
70
85
100
130
499
590
620
690
840
1,000
239
260
280
300
302
310
111
100
100
160
163
195
66
80
100
115
114
120
190
190
240
300
375
300
375
470
710
770
785
750
292
340
310
440
500
540
6,313
7,690
9,310
10, 670
11, 780
13, 610
734
760
900
1,120
1,185
1,265
34
50
60
70
80
95
822
1,050
1,240
1,510
1,760
2,040
262
290
360
400
460
430
435
470
590
690
715
840
,009
,210
,420
,635
,850
,990
678
770
890
1,050
1,220
1,470
1,700
2,350
2,970
3,070
3,280
4,100
639
740
880
1,125
1,230
1,380
1,685
1,910
2,160
2,220
2,560
3,035
188
250
250
275
265
320
23
30
30
40
60
75
193
240
280
345
395
440
195
200
220
220
245
290
75
70
70
85
90
150
133
150
190
225
265
320
99
110
110
120
140
150
665
720
840
710
870
1,020
116
140
170
200
230
270
__
Latin America: l
1957
1959
1960 _
1961
1962
1963
Europe :
1957
1959.1960
1961
1962 _
1963
Other areas:
1957
1959
1960 _
1961
1962
1963 _
_ _
SURVEY OF CURRENT BUSINESS
12
Table 6.—Sales by Direct Investment
Manufacturing Enterprises Abroad
(Millions of dollars)
Area and country
1957
1959
1961r 1962'
1960
Table 8.—Exports from tbe United States and Sales by Direct Investment Enterprises
Abroad of Selected Manufactures, by Area, 1957, 1962-63
(Millions of dollars)
All areas, total
Commodities
1963
1957
All areas, total
Canada
7,897 8,440 8,665 8,665 9,375 10,387
Europe, total
6,313 7,690 9,310
Belgium, Netherlands, and Luxembourg
602
416
461
France
965
763
789
Germany
1,
572
1,835
1,116
Italv
244
230
350
United Kingdom. 3,303 4, 050 4, 715
Other countries. _
485
574
843
10,670 11,780 13,610
740
800
1,195 1,440
2,265 2, 600
475
575
5,070 5, 265
925 1, 100
900
1,700
3, 090
730
5, 960
1,230
Other areas, total. _. 1,685 1,910 2,160 2,220 2,560 3,035
Australia
787
933 1, 085 1, 045 1,305 1, 550
Japan _ _
217
240
290
440
380
530
Philippine Republic
118
141
165
140
160
190
Republic of
South Africa
300
292
305
365
335
425
Other countries. .
263
304
340
285
300
340
Revised.
1962
Latin America 1
Canada
Europe
Other Areas
1957 1962 1963 1957 1962 1963 1957 1962 1963 1957 1962 1963
1963
18,331 20, 870 23,315 25, 195 27,714 31,317
Latin America,
total l
2,435 2,830 3,180 3, 640 3,999 4,285
Argentina
385
426
696
825
855
865
Brazil ._ __
764
659
879
910 1,075 1,095
Mexico
643
751
770
975 1,075
825
Venezuela
268
364
360
375
380
450
Other countries. _
480
525
475
744
665
810
T
October 1964
' Includes "other Western Hemisphere."
Table 7.—Exports by Foreign Manufacturing
Affiliates, 1962 r and 1963
(Millions of dollars)
Selected manufactures:
Foreign sales
U.S. exports
Paper and allied products:
Foreign sales
U.S. exports
969
73
55
97
897 1, 250 1,352
246 287 301
499
457
968 1, 367 1,415
332
300
318
272
43
360
54
385
53
Machinery, except electrical:
Foreign sales
U.S. exports
1,903 3,019 3,311
3, 160 3,927 3,982
695
876
790
847
Electrical machinery:
Foreign sales
U.S. exports
2,047 2, 850 3, 220 1,080 1,115 1,300
810
916 1,084 246 250 262
Transportation equipment:
Foreign sales
U.S exports 2
4,228 6, 665 7,960 1,488 1,730 2, 090
1, 566 1,378 1,500 393 463 510
962' 1963 1962' 1963
All areas, total. .
_ _
,069 1,092 3,738 4,494
Food products
125 127 350 454
Paper and allied products
354 283 340 375
Chemicals
115 136 465 591
8
Rubber products
89
83
10
Primary and fabricated metals..
105 153 355 415
Machinery, excluding electrical. _
97 540 659
90
Electrical machinery
-- _
15
20 243 302
Transportation equipment
78 872 1,144
90
Other products
165 190 490 465
Canada, total Food products
- _
Paper and allied products
Chemicals
Rubber products
Primary and fabricated metals. ._
Machinery, excluding electrical-.
Electrical machinery
Transportation equipment
Other products _ _ _ _ _ _
814
30
354
80
5
100
50
5
45
145
Latin America, total ^
Food products
Paper and allied products
Chemicals
_ _ _ _ __
Rubber products
Primary and fabricated metals
Machinery, excluding electrical..
Electrical machinery
._ _ _
Transportation equipment
Other products
75
70
50
50
(*)
(*)
15
20
(*)
(*)
(*)
819
20
283
91
8
142
53
9
48
165
1
3
1
(*)
5 (*)
875
50
315
60
5
235
60
25
55
70
962
54
355
61
2
230
73
60
72
55
322 393
225 290
10
10
50
45
5 (*)
20
10
7
5
9
10
2
2
5
10
130 115 2,450 3,000
Europe total
75
Food products
5
10
50
5
Paper and allied products
- .
10
Chemicals
15
10 350 450
5 (*)
85
Rubber products
70
5
10 100 150
Primary and fabricated metals...
40 470 570
Machinery, excluding electrical. . 40
10 200 225
Electrical machinery
10
45
30 800 1,050
Transportation equipment
Other products
400 390
55
83
Other areas, total
47
Food products
40
Paper and allied products
5
Chemicals .
.
15
Rubber products
Primary and fabricated metals
Machinery, excluding electrical . "(*)"
Electrical machinery
(*)
Transportation equipment
(*)
20
Other products
10
' Revised.
*Less than $500,000.
Digitized for Western
FRASER
Hemisphere".
1
91
25
139
35
10
30
1C
15
9
8
20
15
8
15
10
Includes "other
2,411 2, 445 4,832
1,376 1,771 1,943
Rubber products:
Foreign sales
U.S. exports
1
2
Includes "other Western Hemisphere."
769
65
920
76
100
93
130
106
34
91
80
173
95
194
23
71
60
115
75
134
840 1,000
419 476
822 1,760 2,040
353 600
656
193
320
395
465
440
510
239
62
302
65
310
59
262
97
195
98
245
94
290
91
66
881
911 1,007
114
844
120 1,009 1,850 1,990
773 567 1,145 1,200
190
291
375
225
300
221
678 1,220 1,470
114 253
350
99
160
140
188
375
719
785
463
750 1,700 3,280 4,100
421 104 149
169
665
350
870 1,020
303 400
460
119
430
115
133 265 320
710 1,091 1,098
150
251
Excludes civilian aircraft.
Table 9.—Sovirces and Uses of Funds of Direct Foreign Investments, by Area and Selected
Industry, 1961-63
(Millions of doHars)
SOURCES OF FUNDS
Exports
to other
countries
Exports
to U.S.
881 1,160 1,269
324
457
507
Chemicals:
Foreign sales
U.S exports
Area and industry
Areas and industry
12, 438 19,306 22,007 5,201 6,165 6,977 1,424 2,516 2,610 4,505 8,650 10, 125 1,308 1,975 2,295
7,536 8,781 9,334 1,869 1,977 2,110 2,633 2,109 2,056 1,326 2,439 2,684 1,709 2,256 2,484
Funds from
United States
Total sources
Net income
1961 1962' 1963
1961 1962' 1963
1963
1961 1962'
Funds obtained
abroad 1
Depreciation and
depletion
1961 1962' 1963
1961 1962' 1963
All areas, total
8,217 8,677 10,306 3,381 3,833 4,214 1,249 1,009 1,389 1,391 1,521 2,146 2,196 2,314 2,557
Mining and smelting. _ 813
41
906
875
102
113
476
494
208
207
98
107
16
239
493
Petroleum
3,696 3,765 4,667 1,553 1,824 1,953 743
340
789
506
301
777 1,099 1,095 1,148
Manufacturing
3,708 4,006 4,764 1,352 1,515 1,768
977
889 1,012 1,170
559
908 1,267
571
490
Canada, total
1,852 2,106 2,363
Mining and smelting
389
390
347
Petroleum
570
535
768
Manufacturing
927 1,147 1,248
760
161
199
400
Latin America, total 2 _ 1,781 1,794 1,903
Mining and smelting
291
329
364
Petroleum
854
915
886
Manufacturing
575
611
653
874 1,015
246
219
477
567
202
178
978
234
545
199
Europe, total
2,578 2,447 3,220
Mining and smelting
8
9
12
Petroleum
770
747 1,068
Manufacturing
1,800 1,691 2,140
709
8
87
614
587
770
4 (*)
360
69
227
697
905 1,055
179
187
199
245
527
623
648
5
74
569
Other areas, total
2,006 2,330 2,820 1,038 1,265 1,411
Mining and smelting . 124
179
152
64
88
68
1,476 1,594 1,945
Petroleum
790
984 1,094
Manufacturing
406
723
557
160
249
217
201
95
77
29
192
-24
148
68
220
140
20
60
320
15
84
221
332
70
100
162
637
80
217
340
680
100
210
370
784
114
275
395
110 -23
-20 -28
44 -147
152
86
204
14
34
156
186
-10
-10
206
222
31
44
147
146
15
-44
175
611
102
404
105
580
80
390
110
575
101
351
123
548
3
255
290
573
7
331
235
723
-2
130
595
593 1,109
-1
431
198
395
679
559
2
193
364
658
1
220
437
768
2
237
529
283
28
155
100
420
44
276
100
262
-15
161
116
386
61
180
145
389
24
285
80
396
26
275
95
430
22
285
123
235
9
99
127
317
27
240
50
559
18
290
251
USES OF FUNDS
Area and industry
Total uses
Property, plant
and equipment
Inventories
Receivables
Income paid
out
Other assets 3
1961 1962' 1963 1961 1962' 1963 1961 1962' 1963 1961 1962' 1963 1961 1962' 1963 1961 1962' 1963
All areas, total
8,217 8,677 10, 306 3,544 4,007 4,440 491
Mining and smelting. 813 906
875 312 438 398 27
Petroleum _ _
3,696 3,765 4,667 1,534 1, 628 1, 889
M anuf acturing
3,708 4,006 4,764 1,698 1,941 2,153 379
Canada, total _ _ . 1,852 2,106 2,363
Mining and smelting. 390 389
347
535 570
Petroleum
768
M anuf acturin g
927 1,147 1,248
865 1,003 1,105 121
165 245 195 51
315 300 375 10
385 458 535 60
Latin America, total 2 _. 1,781 1,794 1,903
Mining and smelting. 291 329
364
Petroleum _ . _ 915 854
886
M anuf acturing
575 611
653
643
87
306
250
652 742 780
45
18
54 1H 292
553 626 470
728 1,202 779
42
45 87
296 439 398
390 7182 94
215 122 204 175
40 (*)
20
24 42
190 110 122 130
530 1, 166 2,623 2,760 2,756
81 369 323 354
58
221 523 1,387 1,566 1,697
251 562 867 871 705
293 174
19 48
59 46
215 80
208
26
72
110
488
86
122
280
505
98
148
259
411
85
118
208
92 734
16 214
1 434
75
86
730
170
475
85
850
224
553
73
463
9
80
374
455
5
68
382
396
432
60
192
180
223
-17
110
130
95
25
5
65
105 144
10 25
10 70
85 49
179
34
60
85
Europe, total _ _ _
2,578 2,447 3,220 1,286 1,451 1,681 324 249 34( 264
-1
9
12
1
4
5 (*) (*)
Mining and smelting.
8
49 60 95
Petroleum
770 747 1,068 438 494 642 75
Manufacturing
1,800 1,691 2, 140 847 953 1,034 249 200 281 170
218
2
76
140
484 241
1 -1
145 82
338 160
74 319
-2 (*)
60 155
16 164
2,006 2,330 2,820
Other areas, total
152
Mining and smelting. 124 179
1,476 1, 594 1, 945
Petroleum _ ...
Manufacturing
406 557
723
240
15
170
55
69
320 220
15 15 (*)
29
225 200
40
80
*Less than $500,000.
' Revised.
1
Includes miscellaneous sources.
750
59
475
216
715
95
339
281
838
94
495
249
721 37
75 135
109 -18
-25 15
307
95 115
305 60
933
9
89 -6
565
5
279 10
113 145 89
-4
20
25 20 45
68 120 48
2
3
323
175
143
I
Includes "other Western Hemisphere."
Includes miscellaneous uses.
66
323
938 1,070 1,099
50
38
60
751 875 961
127 145 100
by LOWELL D. ASHBY
The Geographical Redistribution of Employment:
An Examination of the Elements of Change
by changes in employment, a substantial geographical redistribution of economic activity took
place in the two decades following 1940.
For the Nation as a whole, employment
increased by 21 million persons, or 46
percent, between 1940 and 1960. In
the Far West employment more than
doubled, and in the Southwest and the
Rocky Mountain States it increased by
about two-thirds. In sharp contrast
the increase in the three regions of the
Atlantic Coast—New England, the
Mideast and the Southeast—was a
little more than one-third. The smallest gain among the regions was that of
the Plains States, where the increase
was about one-fourth. Only in the
industrial Great Lakes area did the
employment growth rate approximately
equal that of the Nation. (See table 1.)
This regional pattern of differential
growth has been a persistent one, holding in each of the two decades as well as
over the entire 20-year period. The only
exception to this was in the Great Lakes
area where employment expanded at
above-average rates during World War
11 and its aftermath, but at less-thanaverage rates during the 1950's.
This article provides a rational and
orderly method for sorting out the
factors which relate to the differences in
the rates of growth among regions.
The principal standard of reference is
the growth rate of the Nation as a
whole, both in total employment and in
employment within the various industries. There is no attempt to explain
the ultimate causes for the rate of
employment growth in the Nation or
in the several regions.
Many of the factors underlying the
differential employment changes are
well known and have been frequently
noted in the SURVEY. 1 For example,
the top-ranking employment gains of
the Far West in the 1940's reflected
the tremendous impact of World War
II. Similarly, the above-average gains
of the Great Lakes States during the
1940's were mainly the product of
that region's initial excess industrial
capacity and the demands generated
by the Nation's military effort. In
the post-war years of the 1950's,
these two regions were differently
oriented to the particular demands of
a civilian economy. During both
decades, the declining relative importance of food and fiber in the national
product, and the rapid mechanization
of its agricultural production account
to a large degree for the comparatively
small employment rise in many States.
In the Plains and Southeast regions, in
particular, the failure to make up for
the employment losses in agriculture
left an overall employment deficit.
Though many broad generalizations
can be made concerning-regional economic change in an economy as large
and diverse as the United States even
the alert observer finds it difficult to
note and weigh the total pattern of
change. With a multiplicity of industies and geographic areas, consideration
of the performance of each industrialregional combination over a given time
period becomes a formidable task in
the handling of information. It is the
sort of problem which demands resolution for the benefit of the interested
analyst. Once the data problem is
simplified, the businessman, professional economist or other investigator
can quickly orient himself to the basic
facts. At that point he can bring to
1
See, for example, "Factors Underlying Changes in the
Geographic Distribution of Income," by Robert E. Graham,
Jr., in the April 1964 issue of the SURVEY. Also, PERSONAL
INCOME BY STATES SINCE 1929, a supplement to the SURVEY,
which can be purchased from the Superintendent of Documents, U.S. Government Printing Office, Washington,
D.C., 20402—Price $1.50.
bear whatever additional resources of
insight and analysis he may possess to
yield fruitful generalizations concerning
the particular situation.
Why does a region grow more or less
rapidly than the Nation? This quesTable 1.—Percent Change in Employment
by States and Regions, Selected Years l
Percent change
1940-50 1950-60 1940-60
United States-
26.7
15.5
46.3
New England
Maine
New Hampshire .
Vermont
Massachusetts
Rhode Island
Connecticut
19.6
13.0
15.5
10.0
20.5
21.3
22.6
13.0
10.3
18.6
3.7
10.4
6.5
22.6
35.2
24.6
36.9
14.1
33.0
29.2
50.3
Mideast
New York
_. .
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
22.9
20.0
27.3
22 2
19.3
34.5
25.9
11.4
11.2
20.0
5.0
33.7
27.5
-9.0
36.9
33.5
52.8
28.3
65.6
71.6
14.6
Great Lakes, ._
Michigan
Ohio
Indiana
Illinois
Wisconsin
28.9
31.7
30.8
32.0
24.6
28.0
12.3
14.0
14.8
13.5
10.0
8.6
44.8
50.2
50.2
49.9
37.1
38.9
Plains
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
19.2
23.0
16.3
17.5
11.7
19.9
18.8
23.5
5.7
8.0
1.8
5.3
-2.6
-0.8
4.8
13.4
25.9
32.9
18.3
23.8
8.8
19.0
24.5
40.0
Southeast
Virginia
West Virginia
Kentucky
Tennessee
North Carolina
South Carolina
Georgia
Florida
\labama
Mississippi
Louisiana
Arkansas
20.6
34.9
21.1
15.3
22.5
24.5
16.7
16.7
53.8
16.4
0.5
15 0
5.7
12.6
17.1
-14.3
-0.3
8.1
11.6
11.7
12.2
70.9
4.7
-3.8
15.8
-7."1
35.8
58.0
3.9
14.9
32.4
38.9
30.3
31.0
162.8
21.8
-3.3
33.2
-1.7
32.5
16.5
33.8
55.5
63.8
23.6
6.6
21.7
42.0
81.6
63.7
24.2
62.8
120.8
197.5
36.0
18.8
30.1
32.4
40.7
54.7
23.3
7.8
14.9
7.5
33.0
32.6
67.7
28.0
49.6
42.4
87.2
105.2
55.6
47.6
48.6
60.0
61.4
117.0
5.3
40.1
17.6
11.2
80.6
48.7
45.0
34.8
118.0
73.5
65.3
188.9
140.0
214.5
41.9
_ _
Southwest
Oklahoma
Texas
New Mexico
Arizona
Rocky Mountain
Montana _
Idaho
Wyoming
Colorado
Utah
Far West
Washington
Oregon
Nevada
California
Alaska
Hawaii
-
__
__
..
_
__ _
1
Basic data are from the U.S. Census of Population, as
shown in table 3.
Source: U.S. Department of Commerce, Office of Business
Economics.
13
14
tion can be answered at varying levels
of analysis. The technique to be illustrated here is built on the assumption
that it is necessary to know of a region
two basic facts regarding its growth
situation: First, does the region have
a rapid or a slow-growth industrial mix
or distribution of industries; and,
second, is it increasing or decreasing its
share of each of its industries? Regarding the first point—the rate of
growth of a particular national industry
is characterized as rapid or slow in
terms of the growth rate of all national
industries combined over the same
period. As for the second point—
the rate of growth of a region within
a particular industry may be rapid or
slow in terms of the growth rate of that
industry nationally.
SURVEY OF CURRENT BUSINESS
October 1964
in employment in contract construction
in the State if it had increased at the
national rate for all industries combined
in the same period. Thus, an overall
standard of performance is implied in
this number, is computed as follows:
Growth at the U.S. total rate:
(37.4) (0.2666) = 10.0 thousand.
The figure in column E represents
essentially an adjustment for the fact
that in the decade of the 1940's, con-
tract construction was a rapid growth
industry; that is, its national employment expansion rate was greater than
that of all national industries combined.
From the national contract construction rate, we subtract the national all
industry rate and apply the result to the
employment base in 1940 to obtain the
entry of 15.1 thousand employees:
Growth adjustment related to
national contract construction rate:
Table 2.—Employment and Components of Change,
State of Washington, 1940-1950 and
1950-1960 J
(Thousands of employees) 2
United States, total
United States, contract construction
State of Washington, contract
construction. _ _
Employment
(in thousands)
Percent
Change
1940
1940-50
1950
45, 375. 8
57, 474. 9
26.66
2, 068. 5
3, 457. 2
67.14
37.4
68.9
84.22
The entry in column D of table 2
shows 10.0 thousand employees. This
Digitized for number
FRASER represents the increase from
http://fraser.stlouisfed.org/
1940
to 1950 that would have occurred
Federal Reserve Bank of St. Louis
1940 1950
1960
(A)
(C)
(B)
1 Agriculture
83.5 78.2
Forestry and fisheries. 5.0 6.8
2
3 Mining
These abstractions can be pinned
down to a concrete example by looking
at the contract construction industry in
the State of Washington in the decade
of the 1940's. Table 2 shows employment in each of 32 industrial categories
for the State from 1940 to 1960. Line
number 4 represents the contract construction industry. The data in columns A, B, and C on the left present
the employment levels in the industry
in 1940, 1950 and 1960, respectively.
The entries in columns D, E, and F
for the 1940's (and columns I, J, and
K for the 1950's) have been computed
using total national employment growth
and contract construction national employment growth as standards of measurement.
If the illustration is limited to the
decade of the 194Q's, we need only the
following information:
1950-60
Changes related to
Line
An Illustration: the State of
Washington
1940-50
Employment
4 Contract construction
61.8
4.7
Changes related to
Net4
Net*
Total 3 relaTotal 3 relaInRe- change tive
NaRe- change tive
gional
change tional dus- gional
change
share
growth trial share
mix
NaIntional dusgrowth trial
mix
(E)
(D)
(F)
22.3 -37.2
1.3
-.5
(H)
<G)
9.7
1.1
(D
-5.3 -27.5
.6
1.9
(J)
12.1 -42.2
1.1 -2.8
(K)
(M)
(L)
13.6 -16.5 -28.6
-.4 -2.2 -3.2
3.9
1.6
1.4
-1.4
-1.6
-1.5
-3.0
.6
-1.8
-1.2
-2.3
37.4 68.9
67.5
10.0
15.1
6.4
31.5
21.5
10.7
-3.5
-8.6
-1.5 -12.2
16.7 21.6
5.4
—2 9
M anuf acturing :
5
6
7
8
9
10
11
12
Food and kindred
products
Textile mill
products
Apparel
Lumber, wood
products, furniture
Printing and publishing
_._ .
Chemicals and
allied products. _ _
Electrical and
other machinery^
Motor vehicles
and equipment. _ _
Other transportation equipment. ..
Other and miscellaneous
28.6
4.5
2
.3
4.9
.5
3.3
2.9
.7
7.0
3.6
1.1
2.6
1.3
4.0
.2
.6
-.1
-.1
.4
-.4
.4
.4
.2
-.2
.2
.4
-.4
-.2
.4
1.1
.2
1.4
.0
1.0
61.2 61.3
51.8
16.3
9.5 -15.8
-3.1
7.8 10.9
14.9
2.1
.7
.3
3.1
1.0
1.7
2.0
.3
4.0
19
9o
11 3
5
4
6 2
71
6 7
14
14
— 6
2.3
.9
3.2
6.0
12.4
.9
2.2
-.2
2.8
2.0
.9
1.9
3. 6
6.4
5.4
.8
.7
2.3
.0 -16.2
.1 -16.2
-9.4 -18.9
2.3
1.5
2.6
.2
2
.2
.7
.4
.2
-.3
1.2
1.2
.9
14.1 28.0
70.1
3.8
4.3
5.8
13.9
10.1
4.3
24.4
13.4
42.1
37.7
22.3 36.3
49.9
5.9
1.4
6.7
14.0
8.1
5.6
1.2
6.8
13.6
8.0
15 Railroads and railway express
15.9 21.1
16 Trucking and warehousing
7.9 11.5
17 Other transportation. 13.3 20.2
18 Communications
6. 3 12.5
19 Utilities and sanitary
service
8.2 12.6
15.6
4.2
-.7
1.7
5.2
1.0
3.3 -10.1
13.8
20.2
13.7
2.1
3.5
1.7
1.0
4.3
3.4
.5
-1.0
1.2
3.6
6.9
6.2
1.5
3.3
4.5
1.8
3.1
1.9
13
14
20 Wholesale trade
21 Food and dairy
products stores
22 Eating and drinking
places
23 Other retail trade
24 Finance, insurance
and real estate
25 Hotels and other
personal services
26 Private households. _ _
27 Business and repair
services
28 Entertainment, recreation services
29 Medical, other professional services
30 Public administration
31 Armed forces
32 Industry not reported..
Total
1.3
-5.5
-8.7
1.6
-2.6
.0
-1.0
-.5
-.7
2.4
.0
1.2
.6
3.1
-.7
-.1
-.7
13.8
2.2
1.4
.8
4.4
2.2
1.9
-.6
1.2
21.5 32.4
42.1
5.7
8.0
-2.8
10.9
5.2
5.0
-1.2
5.9
9.7
4.6
20.7 25.2
25.2
5.5
-2.3
1.3
4.5
1.0
3.9
-4.4
.5
.0
-3.9
18.1 30.0
55.8 86.4
30.1
98.8
4.8
14.9
4.4
6.7
2.7
9.0
11.9
30.6
7.1
15.7
4.6
13.4
-2.7
1.7
-1.7
-2.6
.2
12.4
-4.5
-1.0
21.4 32.1
42.8
5.7
.9
4.0
10.6
4.9
5.0
8.0
-2.2
10.7
5.8
24.7 30.0
19.9 16.7
29.2
27.6
6.6 -4.1
5.3 -11.2
2.8
2.8
5.3
-3.1
1.2
8.4
4.6
2.6
-3.4
-2.1
8.0
-.8
10.9
-5.5
8.2
14.0 21.9
23.4
3.7
3.5
.8
8.0
4.3
3.4
1.6
-3.5
1.5
-1.9
8.0
8.0
1.5
-.1
.8
2.2
.7
1.2
-1.1
-.1
.0
-1.2
47.7 83.9
133.3
12.7
8.3
15.2
36.2
23.4
13.0
35.6
.8
49.5
36.5
22.4 46.6
13.7 56.9
52.7
52.5
6.0
3.7
9.6
28.6
8.7
10.9
24.2
43.2
18.3
39.5
7.2
8.8
5.6 -6.7
30.4 -43.6
6.1
-4.4
1.1
13.2
8.3 12.8
29.0
2.2
2.7
4.5
2.3
2.0
24.8 -10.5
16.3
14.3
138.9
50.6 -32.0
157.5
18.6
5.7
607.7 896.9 1, 054. 4
162.0
46.5
80.7
298.2
127.2
NOTE.—Detail will not add due to rounding.
1 Derivation of each component is explained on pages 14 and 15.
2 Data are from the U.S. Census of Population.
3 Sum of components D, E, and F for 1940-50 and I, J, and K for 1950-60.
« Sum of columns E and F for 1940-50 and J and K for 1950-60.
Source: U.S. Department of Commerce, Office of Business Economics.
October 1964
(37.4) (0.6714-0.2666) = (37.4)
(0.4048) = 15.1 thousand.
The final element of change, in
column F, represents an adjustment
for the fact that contract construction
expanded more rapidly from 1940 to
1950 in Washington State than in the
Nation as a whole. From the State's
contract construction rate, we subtract
the national contract construction rate
and apply the result to the employment
base in 1940 to obtain the entry of 6.4
thousand employees:
Growth adjustment related to State
of Washington contract construction
rate:
(37.4) (0.8422-0.6714) = (37.4)
(0.1708) = 6.4 thousand.
In summary, we have noted that the
employment change in contract construction in the State of Washington
would have been 10.0 thousand had it
grown at the national rate for all
industries combined. But after making
adjustment for the fact that this was
one of the Nation's rapid growth
industries and for the fact that the
State was doing better than the average
area in this industry, it turned out that
the actual employment change in contract construction in Washington was
31.5 thousand.
Thus, from the contract construction
line of table 2 we can pick up the following entries:
Column D, change related to national growth. 10. 0 thousand
Column E, change related to particular industry (industrial mix)
15.1 thousand
Column F, change related to particular region
(regional share)
6. 4 thousand
Column G, total change (sum of columns D,
E and F)
31.5 thousand
Column H, net relative change (sum of columns E and F)
21. 5 thousand
Thus it is evident from column H, that
the State had a positive net relative
change or deviation from the overall
national performance standard in this
particular industry.
But what of the 31 other industrial
categories shown in table 2? It will be
noted that not all of the State's industries were in the rapid growth category.
Some, like agriculture, forestry, and
fisheries and mining were slow growth
industries. The employment change
entries for these and several other industries
are, therefore, preceded by
minus
signs
in column E (industrial
http://fraser.stlouisfed.org/
mix).Reserve
Similarly,
Federal
Bank of St. the
Louisminus signs in
SURVEY OF CURRENT BUSINESS
column F (regional share) indicate that
employment grew less rapidly in the
State of Washington than in the Nation
as a whole in these particular industries.
15
in detail. It is important to consider,
however, how well the State of Washington did in an overall sense during
the 1940's in terms of employment
growth. The answer to this latter
question is to be found in the "Total"
line at the bottom of the table. Here
the entries are the simple algebraic
State of Washington summary
It is not necessary at this point to
analyze the performance of all industries
Table 3.—Employment and Components of Employment Change, Regions and States,
1940-50 and 1950-60l
(Thousands of employees)
2
1950-60
1940-50
Employment
Changes related to
1940
1950
1960
(A)
(B)
(C)
Changes related to
Total Net relTotal Net relchange3 ative 4
change3 ative
Indus- Regional
change Na- Indus- Regional
Nachange*
tional trial mix share
tional trial mix share
growth
growth
(D)
United States 45, 375. 8 57, 474. 9 66, 372. 6 12,099.1
New England 3,060.1 3,661.2 4, 137. 9
279.0
315.2
347.7
Maine
240. 9
203. 2
N.H
176.0
142. 7
Vt _ _
125.1
137.6
Mass
1, 534. 8 1, 849. 6 2, 041. 7
321.1
342.1
R.I
264.7
680.5 834.4 1, 022. 9
Conn
816.0
74.4
46.9
33.4
409.2
70.6
181.4
14,892.1 2, 900. 0
6, 640. 6 1, 326. 4
2, 379. 1
418.4
4, 145. 1
861.3
169.9
27.4
1, 185. 4
184.2
354.0
82.4
Mideast
N.Y .
NJ
Pa
Del
Md
Dist.ofCol.
10, 876. 2
4, 974. 5
1, 569. 1
3, 230. 2
102.6
690.9
308.9
13, 363. 2
5,971.9
1,997.0
3, 948. 8
127.1
929.5
388.9
Great Lakes. _
Mich
Ohio
Ind
111 _ _
Wis
9, 256. 8
1, 825. 0
2, 345. 0
1,151.7
2, 874. 4
1, 060. 8
11,931.3 13, 403. 4 2, 468. 3
2, 404. 0 2, 740. 4 486.6
3, 067. 7 3, 521. 8
625.3
1, 520. 8 1, 726. 5 307.1
3, 581. 2 3, 940. 9 766.4
1, 357. 6 1, 473. 9
282.8
4,513.5 5, 378. 9
Plains
931.5 1, 146. 1
Minn
862.8 1, 003. 1
Iowa
Mo__ _
1, 297. 1 1, 524. 7
200.4
223.8
N.Dak _ . . _
245.2
204.5
S.Dak.
433.4
515.1
Nebr
583.8
721.0
Kans
5, 683. 3 1, 203. 5
1, 238. 3
248.4
1, 020. 7 230. 1
1, 605. 7
345.9
218.0
53.4
243.3
54.5
539.7
115.6
817.6
155.7
(E)
0.0
225.2
0.4
3.0
-4.8
139.9
20.2
66.5
0.0 12, 099. 1
-440. 1
-38.6
-22.7
-16.0
-234. 3
-34.4
-94.0
(H)
(I)
0.0 8,897.7
601.0 -214.9
36.2 -38.2
27.2 -19.7
12.6 -20.8
314.8 -94.4
56.3 -14.2
153.9 -27. 5
566.8
48.8
31.5
21.3
286.3
49.7
129.2
821.6 -1,234.6 2, 487. 0 -413.0 2,068.8
434.1 -763. 1 997.4 -329. 0 924.5
9.6 309.2
157.2 -147.6 428.0
122. 0 -264. 7
718.6 -142.7 611.3
19.7
2.3
-5.2
24.4 -2.9
47.5
238.6
54.4 143.9
6.9
60.2
80.0 -2.4
58.6
-61.0
507.1
142.2
146.0
29.5
211.9
-22.6
316.6
-54.8
-76.2
-35.9
-38.5
-32.5
-40.2
-38.5
Southeast.-.. 9,878.3 11,913.4 13,414.1 2,634.0 - 1, 299. 7
933.1 1, 25^. 1 1, 473. 9 248.8
Va..._
-8.4
628.8
539.1 138.4
W. Va.__
519. 1
-37.9
Ky
847. 6
977. 2
974. 2
226. 0 -102.4
Term
941.7 ,153.2 1, 246. 8 251.1 -117.4
N.C..
1, 208. 7 1, 505. 3 1, 679. 4 322. 3 - 186. 9
s.c
6(>1. 1
771. 5
861. 7
176. 3 -123.6
Ga
1, 107. 4 , 292. 6 1, 450. 9
295.3 -150.0
Fla683.3 1, 050. 9 1, 795. 5 182.2
-18.2
Ala
893. 8 1, 040. 2 1, 088. 7
238.3 -160.0
730.9
Miss
727.5
703.3 194. 0 -185.0
886. 4 1, 026. 9 205.6
771.1
La.._
-87.7
Ark
583.9
617.3
573.7 155.7 -122.1
South west. _
Okla.
Tex
N. Mex._
Ariz
3, 087. 5 4,091.5 5, 055. 6
658.7
767.1
818. 1
2, 138. 4 2, 860. 3 3, 480. 9
218.2
140.3
309.8
150.2
246.0
446.8
823.3
175.6
570.2
37.4
40.0
-220.7
-58.4
-142.9
-13.7
-5.8
Rocky Mountain
Mont
Idaho
Wyoming
Colo___
Utah
929.4 1, 264. 1 1,558.3
220.5
237. 6
185.6
158. 6
206. 4
237.2
86. 6
114.7
123.3
349.7
492.1
654.7
230.4
148. 9
305.5
247.8
49.5
42.3
23.1
93.3
39.7
-33.1
-15.1
-16.8
1.6
-2.2
-0.6
Far West. _ 3, 773. 9 5,871.3 8, 227. 9 1, 006. 3
Wash..
896.9 1, 054. 4
607.7
162. 0
Oreg
579.4
644. 2
389.8
103. 9
Nev
66.4
41.5
119. 9
11.1
Calif
2, 525. 3 4, 075. 5 6, 061. 7
673. 3
Alaska
28.9
62 7
90. 9
Hawaii
180.8
190.4
256. 6
48^2
316.2
46.5
-0.3
-0.6
229.4
-0.8
42.0
1
(G)
(F)
(K)
(J)
0.0
198.2
-7.2
-0.4
-7.5
126.2
9.2
77.9
277.1
3.0
123.7
17.0
168.7
-35.3
832.7
177.4
155.3
236.0
34.6
38.0
79.7
111.6
-320. 9
-71.8
-69.3
-29.5
-40.8
-36.1
-42.0
-31.4
865.4 -338. 1
214. 6 -33.8
140.3 -89.7
227.6 -118.3
23.4 -30.1
40.7 -13.8
81.7 -33.9
137.2 -18.5
0.0 8, 897. 7
-288.2
-9.2
6.6
-8.8
-220. 5
-37.9
-18.6
476.8
32.4
37.7
5.0
192.1
21.0
188.5
(M)
0.0
-90.0
-16.4
6.2
-16.3
-94. 2
-28. 7
59.3
758.4 -1,298.3 1,528.9 -539.9
425.9 -681.8 668.7 -255. 9
150.4
-59.5 400.1 90.9
66.1 -481. 1 196.3 -415.0
3.8
23.2
42.8
19.4
63.3
48.6 255.9 112.0
48.8 -143.9 -34.9 -95.1
-300.8 2, 674. 5 206.3 1,847.1
579.1 92.5 372. 2
-49.7
97.5 474.9
-48.5 722.7
62.0 235.4
369.0
32.4
-271.6 706.8 -59.7 554.4
14.0 210.2
296.9
36.6
-21.5
21.0
-13.5
-82.4
8.4
18.7
6.4
20.1
(L)
700.8 2,035.1 -598.9 1,844.3 -1,062.4
9.7
77.3 194.9
85.7 326.0
97.3
-65.3
9.2
109.7 -28.7
129. 6 -96.4 151.3 -104.9
6.0
-79.5
211.5 -39.6 178.5
77.8
161.3 296. 7 -25.6 233.0 -196.9
110.4 -65.9 119.4 -114.9
57.7
185.2 -110.1 200.1 -120.6
39.9
1.8
203.6 367.6 185.4 162.7
67.9
146. 3 -92.0 161.0 -117.8
-5.5
3.5 - 190. 5 113.2 -135.3
-45.1
-2.6
115.3 -90.3 137.2
33.4 -122.3 95.6
-93.6
-0.3
-652. 1 1, 472. 1 -375.0
-38.8 336.4 -35.8
-144.6 454.1 -20. 8
-46.7 205.7 -29.7
-363. 4 359.7 -194.7
-58.6 116.2 -94.0
-207.4
-13.4
-68.4
-125.4
0.4
-3.8
-13.2
16.4
304.4 -528. 3
92.2 -85.2
17.6 -137.7
81.1 -155.0
-5.8 -40.4
-1.9 -39.8
24.6 -55.1
96.6 -15.0
718.8 1, 500. 7 -343.6
19.9
10.2 214.8
-121.8 -89.7 -187.1
-49.3 -2.9 -154.2
-5.4 93.6 -84. 9
137.9 174.1 -59.0
85.7 90.2 -29.2
78.8 158.3 -41.8
580.1 744. 6 581.9
5.3 88.5 -112.5
-5.5 -27.6 -140.8
3.3
48.4 140.5
-45.6 -43.6 -139.2
401.4 1, 003. 9 180.7
-8.9
108.3 -67.3
721. 9 151.7
294. 6
77.9
40.5
54.1
55.8
95.8
61.5
633.4
118.7
442.8
33.8
38.1
- 100. 8
-39.1
-51.2
-3.8
-6.7
431.5
-28.6
229.0
61.6
169.5
964.1 330.7
51.0 -67. 7
620. 6 177.8
57.9
91.6
200.9 162. 8
334.7 86.9
34.9 -14.6
47.8
5.5
28.2
5.1
142.3 49.1
41.9
81.6
195.7
34.1
32.0
17.8
76.2
35.7
-64.6
-24.2
-23.7
-8.5
-2.0
-6.2
163.1
7.2
22.5
-0.7
88.4
45.6
294.2 98.5
17.1 -17.0
30.8 -1.2
8.6 -9.2
162. 6
86.5
75.1 39.4
774.9 2, 097. 4 1,091.1
80.7
289.3 127.2
189. 6
85.6
86.0
24.9
13.8
14.5
647. 4 1, 550. 2 876. 9
26.9
33.8
26.0
-80.6
9.6 -38. 6
908.9
138.9
89.7
10.3
630.9
9.7
29.5
315.0
50.6
-24.1
-1.9
269. 7
11.3
9.5
120.0
0.5
22.4
3.5
51.3
42.4
1, 132. 6 2,356.6 1,447.6
18.6
157.5
-32.0
64.9 -24.8
-0.7
53.6
43.3
45.2
1, 085. 6 1, 986. 2 1,355.3
18.5
7.3 28.2
36.7
27.2 66.2
Derivation of each component is explained on pages 14 and 15.
Detail will not add to totals due to rounding.
Components are the result of summation across analytical results for each of 32 industrial categories. Data are from the
U.S. Census.
3 Sum of components D, E, and F for 1940-50 and I, J, and K for 1950-60.
4
Sum of columns E and F for 1940-50 and J and K for 1950-60.
Srmrpp- TT.S. Dpnartmpnt. of Comrnprpp Offio.p of Rnsinpss Eponomips
2
State Employment Changes, 1940-60
D c EZ3
1940-50
SHADED STATES Were Favored
by Industries With Above Average
NATIONAL Growth . . .
1950-60
1940-50
Tended To Have Growth Rates
Within Industries in Excess
of Their National Rates . . .
1950-60
D.C.
1940-50
U.S. Department of Commerce, Office of Business Economics
|
|
And Increased Their Share
of the Nation's TOTAL
Employment.
1950-60
64-10-9
October 1964
SURVEY OF CURRENT BUSINESS
sums of the corresponding entries for
the separate industries:
by 127.2 thousand workers. However,
the right hand side of table 2, which
analyzes the performance from 1950
to 1960, reveals a still favorable though
drastically changed picture. A differing set of State industrial growth rates
analyzed against the backdrop of a
changed national set yielded the relatively small net relative change of
18.6 thousand employees in the 1950's.
(Column M.) As with its counterpart
in the previous decade, this number
reconciles the total employment change
which could have been realized at the
overall national rate with the change
actually attained.
Column D, change related to national
growth
162.0 tho usand
Column E, change related to industrial
2
mix
46. 5 thousand
Column F, change related to regional
2
share
80. 7 thousand
Column G, total change
289. 2 thousand
Column H, net relative change (sum of
columns E and F)
127. 2 thousand
In an overall sense the State did
very well gaged by employment growth
in the 1940's. On an aggregate basis
the State of Washington exceeded the
national employment growth standard
1
The industrial mix and regional share components, when
summarized across two or more industries, depend in part
upon the level of industrial detail (within a given total)
under analysis. However, the changes in these two components which are induced by changes in the level of industrial
detail are equal in absolute value and of opposite sign. It
follows that their sum, the net relative change, is unaffected
by any such changes in the level of aggregation.
Table 4.—Industrial Indexes of Regional
Centralization, Eight Region Basis, 1940?
1950 and 1960 '
1. Agriculture
- __
2 Forestry and fisheries
3 Mining
4. Contract construction
1940
1950
0.31
41
0.30
38
1960
0. 27
36
20
26
34
.05
.06
.07
.11
.41
37
.10
.43
35
.06
.48
29
.26
. 16
.16
.35
.61
.35
.27
.28
15
.14
.33
.57
.27
.24
. 26
13
.14
.26
.54
.24
.18
Manufacturing:
5.
6.
7
8.
9.
10.
11.
12.
13.
14.
Food and kindred products
Textile mill products
Apparel
Lumber, wood products and
furniture _ . _
Printing and publishing
Chemicals and allied products.Electrical and other machinery.
Motor vehicles and equipment..
Other transportation equipment
Other and miscellaneous
15.
16.
17.
18.
19.
Railroads and railway express
Trucking and warehousing
Other transportation
__
Communications. .
Utilities and sanitary service
.07
.06
. 16
. 10
.11
.08
.07
. 12
.08
.05
.10
.06
11
.06
.03
20.
21.
22.
23.
Wholesale trade
Food and dairy products stores
Eating and drinking places
Other retail trade
08
.07
.09
05
06
.03
.05
03
05
.02
.04
03
24. Finance, insurance and real estate...
.15
. 11
.07
25.
26.
27.
28.
29.
.06
. 11
08
.13
.06
.04
. 15
05
.09
.04
.05
17
07
.10
.03
Hotels and other personal services. .
Private households
Business and repair services
Entertainment, recreation services..
Medical, other professional services.
30. Public administration
31. Armed forces
10
.29
09
.34
07
.30
32. Industry not reported
10
05
06
Weighted index _
. 18
15
12
....
1
Method of computation:
A. A distribution in decimal form is made of a particular
industry's employment among eight regions (regions
identified only in table 5 ).
B. A distribution in decimal form is made of national
total employment among eight regions (regions
identified in table 5 ).
C. Each regional element in B is subtracted from the
corresponding regional element in A. The sum of the
positive remainders is the index of centralization for
the particular industry.
I). The weighted index is an average of the individual
industrial indexes where the weights are the respective national industrial employment totals.
E. The indexes have the property that they can range
from 0.00 to 1.00, and the larger the index the greater
the centralization.
Source: U.S. Department of Commerce, Office of Business
Economics.
http://fraser.stlouisfed.org/
744-465 O—64Federal Reserve Bank of St. Louis
Comparative Results for All
States
In table 3, the overall results of
the employment-change analysis for
the State of Washington are presented
along with similar results for the other
States. In addition, the results for
regions are presented as the algebraic
sums of the results for the component
States. It is a convenient feature of
the technique that whether the change
elements are computed directly for a
region or are summed from the computed elements for its subsidiary geographic areas, the results are identical.
The entries in table 3 show that at
the regional level the industrial-mix
and the regional-share components tend
generally to pull in opposite directions.
For example, in New England, the
Mideast, and the Great Lakes regions
a favorable industrial mix tended to
boost employment in each of the two
decades under study. Conversely, all
three regions sustained preponderant
losses in their shares of the several
industries. In the two southern regions
and in the Rocky Mountain States an
opposite situation obtained. Here an
unfavorable industrial mix—mainly the
effect of heavy dependence upon agriculture—tended to suppress employment growth, but within the individual
industries these regions enjoyed an
increasing share of the national totals.
In the agricultural Plains States both
the industrial mix and the regional
share components of the individual
industries subtracted from employment
gains; in contrast, both factors contributed to the rapid expansion of
employment in the Far West.
17
The facing map panels illustrate the
statistical results shown in table 3
for the individual States in the 1940's
and the 1950's. The upper left panel
(based on column E) shows that in the
1940's there were 19 States (shaded)
withpositiveindustrial-mixcomponents.
These States (with four exceptions)
were concentrated in a tightly compacted group in the New England, Mideast and Great Lakes regions. In the
1950's (based on column J) there were
again 19 States with positive industrialmix components. As compared with
the earlier period, three were deleted
(Wyoming, New Hampshire, and Maine)
and three were added (Alaska, Virginia, and Florida). The first impression, therefore, is that no great change
occurred: the same States, more or
less, were showing industrial-mix gains
in the 1950's as in the 1940;s.
Trend toward similarity in industrial
structure
Under the surface appearance, however, the relative strength of this
favorable industrial composition was
being weakened. From the 1940's to
the 1950's industrial-mix components
declined in size relative to regional share
components because of the increasing
similarity of the industrial structures
of the various areas. The major factor
Table 5.—Regional Indexes of Industrial
Specialization on a Thirty-Two Industry
Basis 1
New England
Mideast
Great Lakes
Plains
_ -
_ _ _
- . -
Southeast
Southwest
Rocky Mountain
Far West
Weighted index
Homogeneity
structure
of
industrial-regional
1960
1940
1950
0.20
.16
.13
.17
0.17
.13
.14
.17
0.14
.10
.12
.14
.24
.17
.18
.17
.19
.14
.18
.16
.14
.13
.15
.11
.18
.15
.12
.82
.85
.88
i Method of computation:
A. A distribution in decimal form is made of a particular
region's employment among industries.
B. A distribution in decimal form is made of national
employment among industries.
C. Each industrial element in B is subtracted from the
corresponding industrial element in A. The sum of
the positive remainders is the index of specialization
for the particular region.
D. The weighted index is an average of the individual
regional indices where the weights are the respective
regional employment totals.
E. The indexes have the property that they can range
from 0.00 to 1.00, and the larger the index the greater
the specialization.
F. The weighted indexes of specialization are equal to
the weighted indexes of centralization at the corresponding points in time. The index of homogeneity
of the industrial-regional structure is unity (1.00)
minus either weighted index. This index also
ranges from 0.00 to 1.00, and the larger the index the
greater the homogeneity.
Source: U.S. Department of Commerce, Office of Business
Economics.
SURVEY OF CURRENT BUSINESS
18
in this increasing structural homogeneity has been the continuing migratory stream from rural (agricultural
and other resource-based industries)
to urban areas.
This means that the positions of
States formerly most favored by industrial composition (in employment
growth terms) are often undergoing an
adverse adjustment while those formerly least favored are undergoing a
favorable adjustment. Thus, when
people leave agricultural employment
in a southern State, that State's industrial structure becomes more like
that of the Nation. The uniqueness
which made for an unfavorable industrial mix has been decreased. How-
ever, the same drift out of agriculture
reduces the industrial uniqueness of
the nonagricultural States, since the
entire national industrial mix is being
moved in their direction.
The increasing industrial similarity
of major regions is apparent from two
supplementary indexes. The first is
an index for each industr}^ of its regional
(that is, its geographical) centralization.
These measures and their method of
derivation are presented in table 4.
It is evident that the tendency of most
of the 32 industries under examination
to cluster in limited regional areas is
decreasing. In other words, most industries are becoming more dispersed
geographically. There are, however,
Table 6.—Industrial Mix, Regional Share and Net l Relative Change Displacements, 1940-50
to 1950-60
(Thousands of employees)
Industrial mix
United States
0.0
Texas
Mississippi
Louisiana
California _ _
Alabama
91.7
49 7
49 Q
40. 2
42 1
California
Florida
Arizona
Hawaii
New Jersey
38.0
29 5
28. 5
20. 1
19 3
New York
Connecticut
Louisiana
Maryland
Georgia
18. 1
15 9
12 1
11.4
9 9
Tennessee
Georgia
Arkansas
Florida
Oklahoma
_ ._
___
Virginia .__ _ ..
Maryland
Alaska
Connecticut
New iVlexico
South Carolina
Kansas
Iowa
Missouri
Washington
Delaware
Colorado
Arizona
Nevada _
Nebraska
Net relative change
Regional share
8.7
7. 1
69
6 4
4.0
United States
_
United States
0.0
California
Florida
\rizona
Louisiana _
Connecticut
_ _ _ _
478.4
369. 5
107 0
93.6
86. 9
81.4
75.3
73. 1
68.3
57.6
81.3
75 4
51 0
41. 7
38 8
New Jersey
_.
Hawaii
New York _ _
Georgia
_ . _ _ _ _.
Maryland
Colorado
Nevada
Maine
New Hampshire
South Carolina
37.1
30 7
29 5
29.3
27 9
Mississippi - _ _ _
Colorado
South Carolina
Nevada _ _ _ _ _ _ _ _
Delaware
49.8
37.4
36 6
29.5
26 1
Delaware
Massachusetts
Michigan
New Mexico
Vermont
24.6
13 9
10 9
7 5
7 2
Texas
New Hampshire
M aine
New Mexico
Vermont
26.0
25.9
21 8
17.4
4.5
Utah
Idaho
Mississippi
Rhode Island
6
3
0
0
—3
8
2
2
0
4
Kansas
Massachusetts
Oklahoma
Montana
Utah
—2 4
—2 5
—2 7
—3 4
—3.6
Kansas
"Wyoming
North Dakota
Nebraksa
Alaska
—3
—4
—8
— 19
— 19
7
1
0
5
6
Idaho
Alaska
North Dakota
Wyoming
Rhode Island
-5.6
—6. 7
69
—7 6
—8 2
Oklahoma
South Dakota
North Carolina
Minnesota
Missouri
-19.7
— 22 4
23 4
—34 5
—43 0
Arkansas
Alabama
Nebraska
South Dakota
North Carolina
15
0. 2
—0 9
— 1.3
—1 7
IVTontaiia
North Dakota
Kentucky
Vermont
New Hampshire
South Dakota
Utah
New Jersey
Idaho
Maine
New York
__ _
0.0
438.2
376 5
108 0
107.8
88 1
_ _
_ __
_ _
_ _
_ _._ _
- _
- _ _
3.4
0.2
—0.4
-2.4
— 2. 5
-6.7
7. 5
— 10.4
14. 2
— 14.4
-16.8
— 20. 5
— 21 2
— 26.0
-33.4
Montana
_ _ _ _ _ _
District of Columbia
North Carolina
Wyoming
__ _ ___
Rhode Island
-9.2
-9.8
-10.0
— 10. 1
— 11. 1
Arkansas
Iowa
Kentucky
Alabama
Texas
-45.3
-54.9
-55.4
-62.6
— 65 6
Missouri
Tennessee
Iowa
Minnesota
Virginia
Indiana
Wisconsin
Massachusetts
Minnesota
Ohio
. _
— 12 5
— 12 8
— 13.7
— 16.9
-22.2
Virginia
Indiana
District of Columbia
Tennessee
Oregon
75 5
— 79 2
—82 9
Kentucky
Indiana
District of Columbia
Wisconsin
Washington
__ .
— 57 8
—91.7
-92.7
-108.0
-108.6
— 23.8
-27.4
—32 5
— 43.3
— 55.9
Illinois
Wisconsin
Ohio
Washington
West Virginia
—91.8
-95.2
—96 1
— 112.6
— 130.9
Oregon
Ohio
Michigan
Illinois
West Virginia
-110.5
-118.3
-128.2
-135.1
-158.3
-139.2
Pennsylvania
-216.4
Pennsylvania
-272.3
Oregon
West Virginia _ _ _ _
Hawaii
Illinois
Pennsylvania
Michigan
1
_
oo o
-86.7
_
_
__ _
__ _
Derivation: Rounded results of subtraction of 1940-50 elements (unrounded) from 1950-60 elements (unrounded).
Source: U.S. Department of Commerce, Office of Business Economics.
-36.7
-45.3
-48.0
-51.4
— 57.4
October 1964
some interesting exceptions. Mining,
for example, show^s a tendency to increase its regional concentration, a
possible reflection of sizable employment losses in mining in the Mideast
and Southeast, and, at the same time,
sizable gains in mining (including
petroleum extraction) in the Southwest. Another exception is found in
the textile mill products industry.
Employment in this manufacturing
group, which has long been on the
move out of New England, is becoming
still more centered in the Carolinas and
Georgia of the Southeast.
Regional indexes of industrial specialization provide another way of looking
at the process of the homogenization
of the industrial-regional structure;
these indexes are presented in table 5.
It is noteworthy that in every one of
the eight regions, specialization declined from 1940 to 1960. The largest
decline occurred in the Southeast, the
smallest in the Great Lakes region.
During this 20-year period, the Southeast has been relatively susceptible to
structural change, with massive outmigrations from agriculture and some
in migrations into other industrial pursuits. The Great Lakes, on the other
hand, started with an already matured
industrial complex which has remained
relatively unchanged when measured
against the industrial structure of the
whole Nation.
A detailed examination of table 3
reveals a number of important changes
that the map does not bring out. For
example, Texas had an unfavorable industrial mix in both the 1940's and the
1950's. What the maps do not show,
however, is that the Texas industrialmix position was improved by 91.7
thousand in the 1950's, as compared
with the 1940's (column J-column E).
Michigan, on the other hand, although
favored by its industrial mix in both
periods, experienced a worsening of its
position to the extent of 139.2 thousand.
The first column of table 6 completely
arrays all States as regards their change
in industrial-mix position as they have
moved from the earlier to the later
decade.
Regional Share Performance
Attention is now turned to the regional share—-as distinct from the indus-
October 1964
trial mix—-performance of the States
and regions. The regional share effects
are the dynamic elements in change and
therefore the more important over the
long run. For example, it is usually by
changing its shares of the several industries that an area changes the complexion of its industrial mix. And one way
in which a region can expedite improvements in the industrial growth composition of its employment (as distinguished from maximizing the short-term
total employment growth rate) is by
cultivating share gains in rapid-growth
sectors and share losses in slow growth
sectors.
The middle map panels show the
States with positive share components.
Whereas there were 30 States with
positive components in the 1940's,
there were only 23 in the 1950's. From
the list of States with positive share
components in the earlier period, eleven
were dropped (Indiana, Winconsin,
Minnesota, South Dakota, Nebraska,
West Virginia, Kentucky, Tennessee,
Wyoming, Washington, and Oregon)
while four were added (New Hampshire, Delaware, Louisiana, and
Hawaii).
As with top panel, the maps indicate
change only when a State moves from
positive to negative status or the reverse. The second column of table 6
presents the change in regional share
performance for each State. Thus, at
the top of the array, California is
shown to have increased its already
strong share status by 438.2 thousand
employees. At the other end of the
spectrum, Pennsylvania's share status
declined by 216.4 thousand in the
1950's, as compared with the 1940's.
Exposition of the industrial roots of
change is always important and the
technique under description here always
has an industrial dimension available
for exploration. For example, the two
largest identified industrial displacements contributing to California's improved industrial share position were
electrical and other machinery manufacturing and other and miscellaneous
manufacturing. In the case of Pennsylvania, at the other end of the array,
the same two industrial categories
appear to have been the largest contributors to its move in a negative regional
share
direction. Table 7 shows the
SURVEY OF CURRENT BUSINESS
five States with greatest regional share
augmentation and the five States with
the greatest regional share reduction.
Within each of the 10 States are shown
the five industrial categories making
the greatest contribution in the
prevailing direction.
Factors underlying regional change
Although there are undoubtedly
many reasons underlying the changes
in the regional share of an industry's
employment, a change in "competitive
position" is often very important.
Competitive position may be related to
a region's access to markets on th,e
selling side, and its access to raw
materials, labor and other inputs on
the buying side of a particular industry.
In terms of these accessibilities, or
other factors affecting change of share,
the States which border the Nation on
its Southeastern, Southern and Southwestern edges appear to have a current
advantage. These States have increased their portion of the positive
regional-share components in the 1950's,
as compared to the 1940's. In fact,
the net regional-share component total
for thirteen States—California,Arizona,
New Mexico, Texas, Louisiana, Mississippi, Alabama, Florida, Georgia,
South Carolina, North Carolina, Virginia, and Maryland—accounted for
74.5 percent of the total in the 1940's
(measured at the State level) and 89.7
percent in the 1950's.
When causes are sought to encompass the entire industrial spectrum, a
wide range of questions is raised.
In some States, notably California and
Florida, the regional-share advantage
expresses itself not only in broad basic
industries such as agriculture, contract
construction and manufacturing, but
also, necessarily, in many trade and
service industries which cater to the
labor force employed in these basic
lines. At the same time there is
evidence that some States attract more
than their proportionate share of the
industries which are neither resourcenor market-oriented—the so-called
"footloose"
industries. Presumably
these industries or occupations are
seeking the conveniences and the amenities. The professions, including entire
research and developmental complexes,
may be influenced by these and related
19
considerations. Their location may involve, but is inevitably more complex
than mere consideration of the number
of sunny days per year. Obviously
there is not room here to probe further
the intricacies of industrial location
theory and the bearing it may have on
the observed changes in industrial
shares of States and regions.
Table 7.—States With Largest Increases and
Those With Largest Decreases in RegionalShare Effects From 1940-50 to 1950-60
(Thousands of employees)1
Five states with largest increase in regional-share
effects and five major contributing industries:
California, total (from table 6)
438.2
Electrical and other machinery manufacture.._ 120. 4
Industry not reported
119.1
Other and miscellaneous manufacturing
99.8
Business and repair services
40. 9
Medical, educational and other professional
services
21.1
Florida, total
376.5
Other retail trade
43. 3
Contract construction
39. 9
Medical, educational and other professional
services
39.8
Other and miscellaneous manufacturing
37.8
Industry not reported
36. 9
Arizona, total
108.0
Contract construction
11.8
Medical, educational and other professional
services
11.2
Mining
9.8
Electrical and other machinery manufacturing.
8. 5
O ther and miscellaneous manufacturing
7.6
Hawaii, total
Armed forces
Contract construction
Agriculture
Food and kindred products manufacturing
Industry not reported
New Jersey, total
Industry not reported
Other retail trade
Medical, educational and other professional
services
Business and repair services
Electrical and other machinery manufacturing.
107.8
76. 4
13. 3
10.0
4. 3
3. 5
88.1
54.2
15. 5
12. 9
12.9
12.3
Five states with largest decrease in regional-share effects
and five major contributing industries:
Wisconsin, total (from table 6)
Other and miscellaneous manufacturing
Electrical and other machinery manufacturing.
Agriculture
Industry not reported
Food and kindred products manufacturing
—95.2
—22. 5
—17.9
—15.4
—14.1
—13.1
Ohio, total
Other and miscellaneous manufacturing
Electrical and other machinery manufacturing.
Public administration
Business and repair services
Apparel and other fabricated textile products
manufacturing
-96.1
—61. 8
—57. 5
—14. 7
—7.4
—5.1
Washington, total
-112.7
Armed forces
—54. 5
Public administration
—15.4
Contract construction
—15.0
Medical, educational and other professional
services
—14.3
Industry not reported
—13.2
West Virginia, total
-131.0
Mining
— 54. 7
Industry not reported
—14. 7
Agriculture
—10. 7
Medical, educational and other professional
services
—7. 7
Other retail trade
-5.8
Pennsylvania, total
-216.4
Electrical and other machinery manufacturing. —38.8
Other and miscellaneous manufacturing
—36.8
Mining
-33.8
Apparel and other fabricated textile products
manufacturing
—25.2
Textile mill products manufacturing
—18.1
1
Total for each State is from middle column of table 6.
Source: U.S. Department of Commerce, Office of Business
Economics.
SUEVEY OF CURRENT BUSINESS
20
Net relative change
Finally, the bottom panels of the
maps show the States with positive net
relative changes (the combination of
industrial-mix and regional-share) in
the two decades. These lower panels
in effect are a summary of the corresponding top and middle panels. The
shaded States are those whose total
employment growth pace exceeded that
of the Nation. These States increased
their claim on the Nation's total employment. In the 1940's there were
twenty States in this category, and in
the 1950's, there were eighteen. The
increments of the net relative gainers
necessarily equal in absolute size the
decrements of the net relative losers as
indicated in table 3 (columns H and M
for the earlier and later decades, respectively). The third column of table 6
presents the array of States, from California with the most favorable, to
Pennsylvania with the most unfavorable displacement in terms of net
relative change.
Applications
to
Local Areas
Up to this point the discussion has
centered on regions and States, since
these geographic units facilitate summary treatment. However, the ana-
lytical results for these larger areas are
merely by-products of the locally oriented employment growth research now
being undertaken by the Office of Business Economics.3 The effort toward
local analysis developed out of the
knowledge that for many purposes,
regions and States are too gross as geographic units of investigation. If the
objective is to examine the economic
growth of a metropolitan area, a river
basin or an interstate transportation
corridor, smaller building blocks are
obviously required. In order to serve
such purposes, a special project involving 3,102 local areas (mostly counties)
is nearing completion. These areas
have been analyzed in terms of the 32
industries considered here.
The growth components now available for local areas over the 1940-50 and
1950-60 periods are similar to those
shown for the State of Washington in
3
This research effort finds its technical antecedents in the
work of Daniel Creamer, "Shifts of Manufacturing Industries," Chapter 4 of Industrial Location and National Resources, December 1942 (Washington, D.C.: U.S. Government Printing Office, 1943), 84-104 and Edgar S. Dunn, Jr.,
"A Statistical and Analytical Technique for Regional
Analysis,'" The Regional Science Association Papers and
Proceedings, Volume VI, 1960, 97-112.
The collaborations of other Commerce Department agencies were indispensable to this first effort. Among these
were the financial contributions of the Area Redevelopment
Administration and the technical participations of the Bureau of the Census (in data preparation) and the National
Bureau of Standards (in data processing).
Table 8.—Employment and Components of Employment Change, Philadelphia Standard
Metropolitan Statistical Area, 1940-50 and 1950-60 1
(Thousands of employees)
Employment
2
1950-60
1940-50
Changes related to
Pennsylvania
New Jersey-. _
2-State total_.
Philadelphia
SMSA
Other SMSA'sNon SMSA
counties
Philadelphia SMSA
by County:
Bucks (Pa.)
Montgomery
(Pa.)
Chester (Pa.)
Philadelphia
(Pa.) .
Delaware (Pa.)--Burlington (NJ.)_
Camden ( N . J . ) _ _ _
Gloucester (NJ.)_
Total Phila.
SMSA
1
2
1940
1950
1960
(A)
(B)
(C)
Na- Indus- Retional trial gional
growth mix share
(D)
(E)
Total
change 3
(F)
(G)
Changes related to
Net
Net
relaTotal
relative 4 Na- Indus- Re- change 3 tive 4
change tional trial gional
change
growth mix share
(H)
(K)
(L)
(M)
(D
(J)
718.6 -142.7
3, 230. 2 3, 948. 8 4, 145. 1 861.3 122.0 — 264.7
1, 569. 1 1,997.0 2, 397. 1 418.4 157.2 — 147. 6
9.6
428.0
4, 799. 3 5, 945. 8 6, 542. 2 1, 279. 7 279.2 — 412.3 1, 146. 6 -133.1
611.3
309.2
920. 5
66.1 — 481.1
150.4 — 59.5
216. 5 — 540. 6
196.3 — 415.0
90.9
400.1
596.4 — 324. 1
1, 164. 9 1, 466. 9 1, 689. 8
2, 693. 9 3, 289. 7 3, 518. 9
310. 6
718.0
103.8 -112.2
181.9 -304. 1
-8.4
302.2
595.9 -122.2
227 1
509! 4
118.9 -123.1
123.4 -403. 5
222.9
-4.2
229.3 -280.1
940.5 1, 189. 2 1, 333. 5
251.1
-6.5
248.5
-2.5
4.0
184.0 -25.8 -14.0
144.2
-39.8
40.7
58.7
111.4
10.9
— 0. 1
7.2
18.0
7.1
9.1
0.5
43.1
52.7
43.6
109.6
47.1
141.4
61.1
202.0
78.5
29.2
12.6
2.9
-1.7
—0.2
3.2
31.9
14.0
2.7
1.5
21.9
9.5
9.3
1.4
29.4
6.5
60.6
17.4
38.7
7.9
703.7
115.6
33.9
89.7
24.6
834.7
156.9
62.1
117.7
34.3
796.4
207.3
97.6
147.1
49.5
187.6
30.8
9.0
23.9
6.6
74.8 -131.4
12.3 -1.9
1.2
18.0
13.4 -9.3
2.2
1.0
131.0
41.3
28.2
28.1
9.7
-56.6
10.4
19.2
4.1
3.2
129.2
24.3
9.6
18.2
5.3
66.9 -234.4
16.2
10.0
15.4
10.5
12.8 -1.7
8.6
1.3
1, 164. 9 1, 466. 9 1,689.8
310.6
103.8 -112.2
302.2
-8.4
227.1
118.9 -123.1
Derivation of each component is explained on pages 14 and 15.
-38. 3 -167.5
50.4
26.2
25.9
35.5
29.4
11.1
9.9
15.2
222.9
-4.2
Note.—Detail will not add to totals due to rounding.
Components are the result of summation across analytical results for each of 32 industrial categories. Data are from the
U.S. Census of Population.
http://fraser.stlouisfed.org/
s Sum of components D, E, and F for 1940-50 and I, J, and K for 1950-60.
Federal Reserve
Bank
of St. Louis
* Sum
of columns
E and F for 1940-50 and J and K for 1950-60.
October 1964
table 2. In fact, the results shown in
that table could have been derived as
the simple algebraic sum of the corresponding growth components for the
State's counties. It is a corollary fact
that the results for any geographic
entity built up from local area building
blocks, whether summed from the latter
or analyzed in one piece, will be the
same.
An illustration of this geographic
comparability may be seen in the analysis of the employment growth characteristics for the Philadelphia Standard
Metropolitan Area in table 8. Here the
results are shown as the totals of the
summary line results for the constituent
counties. However, given the areawide data, the analytical results would
have been identical as a consequence of
the application of the corresponding
technique.
Table 8 illustrates how counties may
be shown in relation to the larger
Standard Metropolitan Statistical Area
entity; the latter, in turn, finds its
proper orientation in a two-State region.
Likewise, the two-State area forms a
part of the Mideast region shown in
table 3, which finds its distinctive place
in the entire national framework. This
feature of direct compatibility opens
numerous accessible lines of investigation into alternate regional groupings—
each with its own distinct pattern or
purpose.
Finally, it should be emphasized that
the compatibility of local with larger
geographic areas is not merely applicable at the summary line, but also
throughout the entire industrial range.
Thus, whatever the geographical configuration at which the investigator
may pause, he finds at hand the detailed
information for the corresponding exploration in industrial depth.
In summary, the technique described
offers a comprehensive and direct tool
for relating either industrial or regional
growth to the overall national growth
pace in terms of employment or other
economic variables. Currently planned
publications dealing with local area
employment growth in the manner
described here are drawn from a wider
effort newly initiated in the Office of
Business Economics to enrich both the
informational base and the analytical
options available to industrial and
regional analysts.
BUSINESS STATISTICS
JL HE STATISTICS here update series published in the 1963 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1959 through 1962 (1951-62, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1963 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (f), respectively: certain revisions for 1962 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the August 1963 issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding
to revised monthly averages are available upon request.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
) 1962 | 1963
1961
III
Annual total
Data from private sources are provided
1962
IV
I
II
|
1964
1963
III
IV
I
III
II
IV
I
Hip
II
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
__ __bil. $_
426.9
455.6
478.5
429.7
442.4
447.2
454.3
457.8
463 2
467 9
474 6
481 9
490 0
498 4
507 1
do_ _
302.2
323.1
340.3
304.7
310.7
316.6
322.4
325.3
328 0
332 7
338 1
342 7
347 7
352 5
358 6
364 8
Wages and salaries, total. _ _
do
Private
do___
Military
_ _ _ do __
Government civilian _ __
do_ _
Supplements to wages and salaries
do
Proprietors' income, totaled-- --do
Business and professionalcf
do
Farm
_ ___
__do
Rental income of persons
do___
Corporate profits and inventory valuation adjustment, total
__ . _ _ _bil. $_
278.8
227.0
10.2
41.6
23.4
48.2
35.3
12.9
12.2
297.1
241.6
10.8
44.7
25.9
49.8
36.6
13.2
12.2
312.1
252.9
10.9
48.3
28.2
50.6
37.6
13.0
12.3
281.1
228.9
10.0
42.2
23.6
48.5
35.7
12.8
12.2
286.8
233.2
10.8
42.8
23.9
49.6
36 3
13.3
12.2
291.2
236.5
11.1
43.6
25 4
50.0
36 3
13 7
12. 2
296.6
241.5
11 0
44.1
25 8
49 9
36 6
13 3
12.2
299 2
243.5
10 7
45.0
26 1
49 7
36 7
13 0
12.2
301 6
244.8
10 5
46 3
26 4
49 7
36 9
12 8
12.2
305 3
247.5
10 6
47 2
27 4
50 3
37 1
13 2
12.3
310 1
251.6
10 7
47 8
27 9
50 1
37 3
12 8
12.3
314 3
255.0
10 7
48 7
28 4
50 7
37 8
12 9
12.4
318 8
257.6
11 7
49 6
28 8
51 5
38 3
13 2
12.4
323 2
260.8
11 7
50 7
29 4
51 2
38 6
12 6
12.4
328 7
265.3
11 7
51 7
29 9
51 7
39 1
12 6
12.4
334 4
269.4
11 8
53 2
30 4
52 1
39 6
12 6
12.4
44.1
48.4
50.8
44.0
49.0
47.1
48 0
48 3
50 3
49 1
50 2
51 4
53 1
56 4
57 9
Corporate profits before tax, total..
do...
Corporate profits tax liability
__do. _
Corporate profits after tax. . _ _ . do _
Dividends
do
Undistributed profits
do
Inventory valuation adjustment
do
44.2
22.3
21.9
15.2
6.7
—.1
48.2
23.2
25.0
16.5
8.5
.3
51.3
24.6
26.7
18.0
8.7
-.4
44.3
22.3
22.0
15.1
6.9
— 3
49.3
24.8
24.5
15 7
88
— 3
47.2
22.7
24 5
16 1
84
_ i
47 9
23.0
24 9
16 4
85
48
23
25
16
8
49
23
25
17
8
48
23
25
17
8
51
24
26
17
8
51
24
26
17
8
54 3
26 0
28 3
19 1
9 2
12
56 6
25 4
31 2
19 4
11 8
57
96
31
19
12
20 1
22 1
24 4
20 4
20 9
21 3
21 8
22 3
National income total f
_
Compensation of employees, total. _
Net interest
--
Gross national product, totalf
do
__ do .
o
1
1
0
5
5
1
4
8
7
1
6
9
99 Q
9
4
5
2
3
2
90 c
1
5
6
7
9
g
94 n
3
5
7
9
9
2
o
9
o
9
8
1
j
i
94 7
518 7
556. 2
583 9
522 4
536 9
545 5
553 4
559 0
566 6
571 8
577 4
587 2
CQQ n
P.08 8
fi1 8 fi
Personal consumption expenditures, total.. do
337. 3
356.8
375.0
339.1
345.2
350.5
354.0
358.5
364.0
369.2
372.0
377.4
381.3
390.0
396.1
404.5
Du r able goods, total 0
do
Automobiles and pajts _ _ ._
do
Furniture and household equipment-.-do
Nondurable goods, total©
do
Clothing and shoes...
do
Food and alcoholic beverages
do
Gasoline and oil . __
do
Services, total ©
do
Household operation
do
Housing
do
Transportation
do
43 7
17 1
19.3
155.4
28 7
81 3
11 9
138 3
20 4
44 2
10 7
48 4
20 6
20.2
162.0
29 9
84 6
12 3
146 4
21 6
46 5
11 3
52 1
22 7
21.4
167.5
30 7
87 1
12 8
155 3
22 7
48 9
11 7
44 3
17 4
19.5
.155.7
28 7
81 4
11 9
139 1
20 6
44 4
10 7
46 0
18 6
19.9
157.8
29 4
82 2
12 0
141 4
20 9
45 0
10 8
47 4
19 7
20.1
159.5
47 7
20 3
19.9
161.0
29 7
84 1
12 2
145 3
48 4
rn 9
20 5
20.3
162.9
30 0
85 2
190
91 8
20.8
166.0
on A
21.0
166.6
22.3
168.9
23.1
172.9
24.2
175.3
24.1
179.2
158. 8
161. 1
23. 5
163. 8
24.0
51. 1
12. 2
13. 6
166.5
24. 6
51. 8
12.3
do
68.8
79.1
82.0
71.3
New construction
_
Residential nonf arm,. ...
Producers' durable equipment
Change in business inventories
Nonfarm
.
do
do
do
do
do
41 0
21 1
25^9
19
15
44 2
23 6
29.0
59
53
46 6
95 2
31.0
4 4
39
Net exports of goods and services
Exports
Imports
do
do
do
4.6
27 6
23 o
4.0
29 2
25 2
4.4
30 7
26 3
97 8
108.0
57.4
49 0
50 6
116.3
62.9
53 6
53 5
516 8
257 9
94 5
550 3
273 6
102 3
Gross private domestic investment, total
Govt. purchases of goods and services, totaL.do
Federal (less Government sales)
do_
National defense 9
.
" do
State and local
do
By major type of productrf
Final sales, total
Goods, total
Durable goods.
Nondurable goods
Services
Construction
do
do
do
do
do
do
Ico A
200 8
58 1
1 71 P.
914 7
62 0
1 4°. fi
91 ?>
91 °.
on 9
85 9
i9 c
99
QC
A
74.9
77.4
78.9
41 3
21 5
26.3
37
33
41 9
22 i
27.4
56
5 2
49 ^
22 5
28.1
6 9
6 A
23 5
28.8
6 1
29.6
29.7
29.6
4.2
4.3
3.4
4.3
4.4
23 7
24 1
94 K
3.9
29. 4
3.4
28. 8
25. 4
122.6
64.7
55 2
57 9
107.9
57.1
48 6
50 9
112.6
59.8
50 9
114.3
61.4
116.1
63.6
55 S
115.9
62.4
118.7
63.8
579 5
ri Q 7
00 C
K9 c
ro o
0
108 2
QC
998 4
ce 9
87 °.
9
80.2
79.9
11. 8
12. 0
80.2
82.8
87.1
85.9
87.2
86.5
45. 9
47, 2
30.7
31.4
48. 3
26. 2
32.4
3. 2
3. 7
6. 0
49. 2
26. 9
34.2
2. 5
2. 2
48.9
26.2
34.6
3. 7
3. 4
49. 1
25.7
35.7
1. 7
1.6
4.3
30.5
26. 3
4.2
31.0
26. 8
5.8
32.6
26.9
7.7
34.5
26.8
5.7
33.7
27.9
6.5
35.6
29.2
121.4
65.1
120.9
64.3
56. 3
56. 7
122.8
64.4
55. 5
58. 4
124.8
64.9
55. 3
59.9
125.2
64.3
54.0
60.9
129.6
67.1
57.0
62.5
130.0
66.0
55.7
64.0
568.2
280.9
105.0
175.8
224.7
62.7
573.7
286.5
111.0
175.5
223.5
63.7
583.0
285.7
106.6
179.1
231.2
66.2
592.6
290.3
110.4
179.9
234.5
67.8
606.4
298.2
114.3
183.9
239.6
68.6
614.9
304.3
119.0
185.4
241.7
68.9
77.9
94 4
c -i
c c
273. 5
168. 7
170. 0
212. 2
273. 9
101. 4
172. 6
216. 8
63. 2
6.9
3.9
6.1
3.1
5.1
3.1
A
Q
91 7
46 2
n
Of!
58. 8
/>
21.6
168.6
1 47 9
45 6
11 1
Inventory change, total
do
5.9
4.4
1.9
3.7
5.6
Durable goods
do
3. 0
2. 2
2.3
3.6
Nondurable goods
"do
2 2
9 n
2 0
29
1
4
.
.
.
' Revised v Preliminary. fRevised series. Estimates of national income and product
and personal income have been revised back to 1961 (see p. 8 ff. of the July 1964 SURVEY);
revisions prior to May 1963 for personal income appear on p. 15 of the July 1964 SURVEY
9Q Q
83 2
12 2
20.6
164.4
561. 2
278.2
104. 1
174.1
220.0
63.0
5.4
3.6
3. 6
1.8
1.5
2.7
3. 6
2. 0
.9
^Includes inventory valuation adjustment.
9 Government sales are not deducted.
4.2
1.5
2.7
©Includes
6.4
2.5
3.7
3.0
.7
2.5
3.4
1.8
1.2
data not shown separately.
s-1
October 1964
SUEVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
| 1962 | 1963
Annual total
1961
IV
1963
1962
I
II
III
IV
I
II
1964
III
IV
I
II
III
P518. 2
IV
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gross national product totalf
Ml. $
447.9
476.4
492.6
462.5
469.1
475.1
478.3
483.0
485.4
487.9
494.8
502.0
508.0
513 5
Personal consumption expenditures, total do
303.8
318.5
330.6
310.0
314.2
316.6
319.8
323.6
327.0
328.6
332.4
334.4
340.9
345.0
41.4
143.5
118.9
45.7
148.3
124.5
49.3
151.6
129.7
43.7
145.6
120.8
44.8
146.6
122.7
44.9
147.8
123.8
45.6
149.1
125.0
47.6
149.5
126.5
48.5
150.7
127.8
48.6
151.1
128.9
49.4
152.5
130.6
50.8
152.1
131.6
53.1
155.2
132.6
54.0
157 4
133.7
Durable goods
Nondurable goods
Services
do
do
do
Gross private domestic Investment, total
New Construction
Producers' durable equipment
Change In business Inventories
Net exports of ffoods and services
do
57.4
65.9
67.7
62.7
64.8
65.8
66.3
66.5
64.7
66.2
68.1
71.7
70.1
70.8
do
do__ _
do
34.3
21.4
1.7
36.7
24.0
5.2
37.9
25.6
4.1
35.2
22.7
4.8
35.5
23.2
6.1
36.6
23.8
5.4
37.5
24.4
4.4
37.0
24.7
4.9
36.8
24.6
3.4
37.5
25.4
3.3
38,2
25.9
4.0
39.0
26.8
5.9
39.6
28.1
2.4
39 2
28.3
33
do
Govt. purchases of goods and services, total- do .
Federal
do
State and local
do
DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
Personal Income total
bll. $
"Less* Personal tax and nontax pavments
do
Equals' Disposable personal Income
do ...
Personal saving §
_ __ do
NEW PLANT AND EQUIPMENT
EXPENDITURES
readjusted quarterly or annual totals:
All Industries
bll. $
2.5
2.2
2.2
2.1
1.3
2.8
2.8
2.1
1.3
2.1
2.0
3.5
5.4
3 4
84.3
44.8
39.4
89.8
49.4
40.3
92.1
49.7
42.4
87.7
47.0
40.7
88.8
48.4
40.4
89.9
50.2
39.8
89.4
49.2
40.2
90.7
49.9
40.9
92.4
50.7
41.8
91.0
49.4
41.7
92.3
49.6
42.7
92.4
48.9
43.4
91.6
47.8
43.8
94.3
49 8
44.5
417.6
52.9
442.4
464.1
61.6
428.6
434.7
441.0
57.6
460.2
466.3
474.5
63.3
411.2
480 9
61.4
419. 5
487 9
56 6
431.3
^494 5
404.4
29 5
35.2
?32 2
57.9
402.5
54.4
374. 2
27.8
27.5
29.1
28.0
364.7
384.6
27.3
56.1
378.5
444.5
449.7
383.4
386.0
390.4
60.1
395.1
61.1
399.1
29.4
27.5
26.4
25.9
27.1
27.0
29.9
58.5
59.3
455.2
61.9
?57 8
p436 7
34.37
37.31
39.22
9.54
8.02
9.50
9.62
10.18
8.25
9.74
10.14
11.09
9 40
11.11
ill 28
2 12.43
Manufacturing
Durable goods Industries
Nondurable goods Industries
do
do
do _
13.68
6.27
7.40
14.68
7.03
7.65
15.69
7. 85
7.84
3.88
1.79
2.09
3.14
1.44
1.69
3.69
1.77
1.92
3.72
1.79
1.93
4.13
2.03
2.10
3.27
1.62
1.65
3.92
1.96
1.95
3.95
1.96
1.99
4.56
2.31
2.25
3 79
1.93
1.87
4.53
2.30
2.23
4 64
2 31
2 33
5.30
2.66
2.64
Mining
_
"Railroads
Transportation, other than rail
Public utilities
Communications
Commercial and other
_ _
do
do
do. _
do
do
do
.98
.67
1.85
5.52
3.22
8.46
1.08
.85
2.07
5.48
3.63
9.52
1.04
1.10
1.92
5. 65
3.79
10.03
. 26
. 16
. 50
1.54
.88
2.32
.26
.16
.47
1.06
.88
2.06
.27
.26
.60
1.37
.93
2.37
.28
.24
.50
1.54
.87
2.48
.27
.20
.50
1. 52
.95
2.60
.24
.21
.39
1.04
.85
2.26
.26
.28
.54
1.40
.95
2.41
.27
.29
.45
1.60
93
2.64
.28
.33
.54
1.61
1 06
2.72
.26
32
.51
1 18
97
2.37
.29
.36
.63
1.58
1.10
2.61
29
34
56
1 63
. 28
.44
.61
1.69
33.81
34.11
do
35.40
35.70
36.95
38.35
37.95
36.95
38.05
40.00
41.20
42.55
43.50
144.55
246.15
do
14.00
6.40
7. 60
14.20
6.55
7.60
14.45
6.95
7.50
15.05
7.25
7.80
15.00
7.30
7.70
14.85
7.35
7.50
15.30
7.65
7.65
15.95
8.00
8.00
16. 45
8.30
8.15
17.40
8.85
8.55
17.80
9.00
8.80
18.70
9.35
9.35
19.05
9.50
9.55
1.00
. 60
1.95
5.55
3.35
9.00
1.15
.70
2.05
5.15
3.70
8.75
1.05
.95
2.25
5.40
3.65
9.25
1.10
1.00
2.00
5.75
3.60
9.85
1.00
.80
1.90
5.45
3.60
10.20
1.05
.90
1.70
5.20
3.55
9.65
1.00
1.00
2.05
5.45
3.65
9.65
1.05
1.20
1.85
5.90
3.85
10.20
1.05
1.35
2.10
5.80
4.05
10.45
1.15
1.40
2.30
5.95
4.05
10.25
1.15
1.25
2 25
6.30
4.30
10.45
1.15
1.40
2.25
6.00
1.10
1.90
2.45
6.00
315.10
3 15. 60
Seas. adj. qtrly. totals at annual rates:
A 11 industries
Durable goods Industries
Mining
Railroads
Public utilities
ooimm rued, ion
do
do
_
do
BUSINESS POPULATION
Firms In operation, end of quarter (seasonally adU.S. BALANCE OF INTERNATIONAL
PAYMENTScft
Quarterly Data are Seasonally Adjusted
U S pavments recorded
mil $
Imports:
Merchandise
Military expenditures
do
do
< 4, 713
<4,755 4 4, 797
4,770
4,780
4,790
4,800
4,815
4,825
4,835
4,850
4,860
4,875
4,895
31, 791
33, 486
35, 990
8,616
8,447
8,151
8,312
8,576
8,724
9,713
8,482
9,071
9,219
9,742
14, 497
2, 954
5,401
16, 134
3, 044
3,881
714
1,389
3,948
4,058
4,088
4,040
4,037
4,212
4,368
4,379
4,366
4,576
701
5,843
16,996
2,897
6,442
1,702
174
1, 206
187
1, 074
189
1, 065
758
1,412
749
1,462
745
1,465
792
1,504
1,543
1,588
1,654
1,657
1,662
177
1, 066
185
1, 088
209
1, 060
209
206
1, 009
202
197
208
Remittances and pensions
do
Govt. grants and capita] outflows.. _._ .do
705
4, 054
738
4, 293
826
4, 522
U S private capital (net)
Direct investments
Long-term portfolio
Short-term
4,180
1,599
1,025
1,556
3,434
4,307
1,888
1 , 685
734
1,252
377
445
430
1,068
260
390
418
628
446
303
-121
771
417
208
146
967
531
326
110
1,128
618
546
-36
1,637
477
598
562
534
235
303
-4
1,008
558
238
212
1,354
517
227
610
1,395
513
261
621
do
30, 419
32, 394
33, 685
7,717
7,706
7,925
8,408
8, 355
7,780
8,429
8,596
8,880
9,326
9,040
Exports:
Merchandise
Services and military sales
do
do
19,913
8,525
20, 576
21,989
10,031
5,121
2,187
5,032
2,574
4,990
2,545
5,472
2,505
2,427
5,917
6,112
2,339
5,019
2,198
5,237
2,397
5, 288
9,508
2,554
2,885
6,042
2,756
Repayments on U S Govt loans
oreigncapia
an qui
do
1,274
707
1,280
1 030
969
696
196
213
150
326
237
54
606
175
287
475
166
79
190
262
424
135
189
220
216
113
188
54
— 1 372 — 1 092
-998 — 1,111
9 305
—899
-332
— 741
—7
—226
—339
-214
96
-430
—221
-460
—944
-118
—1 984
-11
114
-267
—191
57
107
-192
— 702
-31
— 1 231
— 748
—440
— 334
—681
—1 069
—1 295
—153
134
-85
-733
-712
-1,143
-109
-85
-611
U S receipts recorded
Unrecorded transactions (net)
do
do
do
do ...
do
— 2 370
Total net receipts or payments ( — )
do
Net receipts or payments (— ), incl. transactions in
nomnarketabie, medium-term convertible Govt.
securities
mil. $..
r
1,654
1,227
553
— 2 203
9 644
-1,942
Revised.
*>Preliminary.
12 Estimates for July-Sept. 1964 based on anticipated capital expenditures of business.
Estimates for Oct.-Dec. 1964 based on anticipated capital expenditures of business.
Anticipated expenditures for the year 1964 are as follows (in bil. $): All industries, 44.21;
total, 18.27; durable goods industries, 9.19; nondurable goods industries,
Digitized formanufacturing,
FRASER
9.08; mining, 1.12; railroads, 1.46; transportation,
2.31; public utilities, 6.07; commercial and
3
http://fraser.stlouisfed.org/
other (incl. communications), 14.98.
Includes communications.
Federal Reserve Bank of St. Louis
5,610
< Unadjusted. Data represent firms in operation as of Jan. 1; estimate for Jan. 1,1963
is based on incomplete data. fSee corresponding note on p. S-l (revisions for earlier qtrs. of
1961 appear on p. 8 ff. of the July 1964 SURVEY). ^
§Personal saving is excess of disposable income over personal consumption expenditures
shown as a component of gross national product orj p. S-l.
cfMore complete details are given in the quarterly reviews in the Mar., June, Sept.
and Dec. issues of the SURVEY.
1 Revisions for 1960-2d qtr. 1961 appear on p. 10 of the June 1964 SURVEY.
SUEVEY OF CUKRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
S-3
1964
1963
Monthly
average
Aug.
Sept.
Oct. Nov.
Dec.
Jan.
Feb.
Apr.
Mar.
July
June
May
Aug.
Sept. />
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annualrates:f
Total personal Income
-
Wage and salary disbursements, total
464. 1
466.1
468 9
472 7
473 8
477 1
2477.3
479 4
480 5
482 9
486 6
487 8
489 3
491 4
' 494 9
497 1
297.1
312.1
314 0
316 0
318 2
318 3
320 0
320 8
323 6
325 1
327 7
328 7
330 1
331 8
' 334 6
336 4
118.5
94.2
76.6
123.3
98.0
80 3
123.6
98.0
80 9
125.0
99.4
81 5
125. 4
99.7
81 8
125.1
99.7
81 8
126.0
100.2
82 0
125. 6
100.0
82 4
127.1
100.7
82 8
127.4
101.1
83 1
128.8
102.3
83 7
128.7
102.3
84 2
129.4
102.7
84 6
129.9
103.0
85 9
' 130. 8
' 103.8
r §5 7
131.6
104.6
86 1
_do_.
do_.
do
46 4
55.6
12.3
49 3
59.2
13.1
50 0
59 4
13.2
49 9
59 7
13 3
50 0
61 0
13 4
50 1
61 3
13 5
50 5
61 5
13 5
50 8
62 1
13 6
51 4
62 4
13 7
51 9
62 7
13 8
52 1
63 0
13 9
52 3
63 4
14 0
59 4
63 8
14 1
59 Q
64 1
14 9
r 52 9
65 1
14 2
53 3
65 4
14 3
do_.
do
36 6
13 2
37 6
13 0
37 8
12 9
37 9
12 9
38 2
13 2
38 2
13 2
38 4
13 2
38 3
1° 8
38 7
12 6
38 8
12 4
39 0
12 5
39 1
12 6
39 3
12 6
39 5
19 4
r 19 (',
39 6
39 6
I9 7
12
16
30
34
12
18
32
36
12
17
33
36
12
18
33
36
12
18
34
37
12
18
34
37
12
20
34
37
12
19
34
39
12
19
35
37
12
19
35
37
12
19
35
38
12
19
35
38
12
19
35
37
19
90
36
37
Ml. $_
..do
Commodity-producing industries, total-do. _.
Manufacturing only
do...
Distributive industries
do .
Service industries
Oovemment
Other labor income
Proprietors' income:
lousiness and professional
"Farm
--
Rental income of persons
do
Dividends
-_do___
Personal interest income
_do_.
Transfer payments
do
Less personal contributions for social insurance
Ml. $.
Total nona°Ticultural income
-
__do
M42.4
2
5
0
7
1
3
0
9
7
3
8
4
6
4
0
7
6
4
5
0
1
4
8
2
2
4
1
4
2
2
4
3
7
7
4
4
0
5
4
6
3
8
10.3
11.8
11.9
11.8
12.1
11.9
12.1
12.2
424 9
446 6
448 8
451 6
455 1
456 1
459 5
2 4g9 i
463 5
466 1
12.3
4
8
5
2
4
8
7
0
4
9
9
6
4
o
0
8
12.5
12.6
12.7
469 7
470 7
479 i
474 4
12.4
12.5
12 4
' 90 0
36 9
3§ Q
r
r
r
12
19
36
38
4
9
5
1
12. 8
12.9
477 8
479 8
FARM INCOME AND MARKETINGS}
Cash receipts from farming, including Government
payments (48 States), total}.
mil. $_
Farm marketings and CCC loans, total
do...
Crops
- -do _
livestock and products, total 9
do...
Dairy products
do
Meat animals
_ d o _ _
Poultry and esres.
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:}
All commodities
1957-59=100.
Crops
do_.
Livestock and products
do._.
Fndexes of volume of farm marketings, unadjusted:}
All commodities
1957-59=100
Crops
do
Livestock and products
_.do--
3,151
3 218
3 099
3 843
5 338
4 324
3 473
3 454
9 K-I i
2 610
2
too
2 314
2 512
9 79(3
3 431
3,006
1,339
1,668
403
971
269
3,077
1 420
1,657
403
959
275
2,969
1 296
1,673
389
984
284
3,512
1 806
1,706
384
1 006
298
4,727
2 701
2, 026
403
1 277
330
4 201
2 46°
1,738
3 373
2 354
9 434
OAQ
1,562
400
873
272
1,610
950
°77
2,495
970
1,525
418
go 7
254
2 925
1 484
2 294
790
1,571
2,683
1,681
2 414
770
1,641
1 096
309
3 425
1 886
1,539
409
823
285
112
117
108
115
124
108
111
113
109
131
158
111
176
236
132
156
215
113
128
165
100
126
148
109
88
CO
fiS
CO
107
107
102
93
85
99
100
98
101
109
7fi
96
111
112
110
115
118
113
113
113
113
131
151
115
176
227
138
159
210
121
131
160
110
128
145
115
89
70
i 0°.
90
56
115
Q1
88
52
48
101
84
114
110
107
112
U7
120
OQA
1 fiQ9
41 7
87O
OQO
241
781
1 653
4.00
4.C9
OQQ
QO-I
81 Q
262
9£fi
260
90
85
91
1 90
1 19|
1 01 C
QAA
Q 09
296
105
INDUSTRIAL PRODUCTIONS
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities) cf_ .1957-59=100.
By industry groupings:
Manufacturing, total . .
do
Durable manufactures
do
Nondurable manufactures
do
Mining
do
Utilities
do-By market groupings:
Final products, total
Consumer goods
Automotive and home goods
Apparel and staples
Equipment, including defense
Materials
Durable goods materials ...
Nondurable materials
Seas, adj., total index (incl. utilities) cf. .
By industry groupings:
Manufacturing, total
do
do
do
do
do .
do
do
do
118.3
124.3
123.8
128.3
129.9
127.0
124.7
125.7
128.3
129.0
131.7
132.3
133.9
' 127. 6 '132.7
136.6
118.7
117 9
119.8
105 0
131.4
124 9
124 5
125 3
107 9
140.0
123 4
118 0
130 1
112 1
128 8
126 6
131 5
111 3
131
129
133
111
128 9
125 2
i 9C o
129 1
i on o
m
m
1 Or
r 1 97 Q
1 °.7 f\
119 7
119 7
125.9
117 8
119.6
124 9
125 2
134.4
122 3
124 2
123 8
124 3
105.7
130 2
122 7
129 9
131 7
135. 4
130 5
126 2
131 8
134 1
148.6
129 5
126 8
2
3
6
0
198 A.
190 A
1 97 °.
129 6
1 9A 7
1 98 ^
147.7
1 99 o
141.7
138.7
144.4
1 9fi 1
128 8
0
123 7
121 2
126 3
123 8
118 7
129 1
126 8
124 1
182
125 4
131 2
•190 o
191 1
19Q ^
do-
118.3
124.3
125.4
125.7
126.1
126.1
127.0
do
118 7
124 9
125 7
m
126 8
117.9
104 6
100 6
119.1
117.1
113.2
124.5
113 3
109 6
126.7
123.4
120.2
125.0
109 5
102 6
128.2
125.7
122.0
125.6
107 8
inn n
130.3
125.6
122. 5
Durable manufactures 9
do
Primary metals
do
Iron and steel.
do
Nonferrous metals and products . do..
Fabricated metal products
do
Structural metal parts
Ido~"
9
r
12f» R
r 1 97 E;
144. 1
148.3
145.9
149.6
m
' 128. 4 '117.0
i 9e e
1 99 1
i 90 n
m
127 5
1 99 Z
i on i
m
131 5
m
133. 9
134. 1
127.7
128.2
129.0
130.5
131.3
131.6
' 132. 9 r 133. 7
132. 2
132. 4
' 134. 6
A
a.
r
o
r
126.0
-mo c
126.4
127.3
128.1
128.9
130.0
131.6
101 £
132.6
127. 1
127. 8
135 0
130.3
128; 1
r
T
133.2
126. 1
125. 2
r 135. 0
' 136. 0
' 132. 0
* 135. 9
133.2
133.5
135.0
1 30. 6
129.6 ^ 131.2 ' 131.6
Machinery
Nonelectrical machinery
Electrical machinery
do
do
do
123 5
119 7
128.5
1 9Q 9
1O A O
126 9
132.3
198 0
133.4
130 2
134.0
137.0
' 137. 7 T 139. 7 ' 140. 9
Transportation equipment
Motor vehicles and parts
Aircraft and other equipment
do
do
do
118.3
134.1
103.9
127.0
146.1
109.5
128.2
147.6
110.5
129.4
149.1
111.2
130.0
149.8
111.8
129.6
149.8
111.1
131.3
151.9
112.2
130.8
151.9
111.1
131.1
153.0
110.8
130.1
151.1
110.6
133.0
156. 2
112. 0
134.1
157.4
112.8
134.9
1 58. 3
113.4
'134.3
'111.7
135. 1
' 160. 5
' 111.6
123.0
111.1
106 1
126.7
122.2
130.2
117.5
108 9
133.1
125.0
131.1
118.6
132.4
119.1
132. 5
120. 4
131.9
120. 3
132.7
120.5
132.2
121.2
133.6
124.1
134.2
125.3
134.7
125. 2
' 137. 5
125.8
135.3
126.8
135. 3
126.2
136.4
127. 1
137.6
127.6
137. 3
128.6
138.1
129.7
139.0
130.4
139.8
131.4
134.8
126. 6
109. 0
142.8
133. 2
'136.4
'126.4
134.8
126.1
134.6
124.3
114. 9
140.5
131.9
119.8
115.3
118 9
102.3
119.7
125.3
116.9
195 6
99.8
125.1
126.6
127.0
127. 7
118.0
119.0
119.3
197 °.
I9 6 9
127 °
102.1
102. 9
103.6
126. 7
125.9
127.0
1
nianra r
e
Pre 1
The total
total and
and components
components are
are annual
annualtotals.
totals.
it a li c i o t ' f T""
22Ital
™ y-- .
1™
19 4 e udes^ s t.P.rmpH-,i™ ro+« nf n.
*
,„„
insurance
dividend
Davmentl In vPt
' ? f f
stepped-up rate of Government life insurance dividen
payments to veterans; total disbursements of $172 million multiplied bv 12 (to out on annua
aal
S?oMCS^mil$2-lbir°n- Figure M ortran ^rpa ym S
g
U1 r X
n a
aS ffoll
llows: Transfer
aTricurtur,7inrn mp ^ of £T°
Paymenls-feVTbmionT'nonl
°
*lc ™ °
ifolS^^r^d^of^^
SSSSTSSS^^cfidSi snS^l^
127. 6
120. 5
128.7
119,4
128.9
118.8
129.4
119.8
129.8
118.9
131.1
119.4
i °>n ^
98.4
132. 9
Nondurable manufactures.
Textile mill products
Apparel products
Leather and products
Paper and products
do
do
do
do...
Ido'II"
1 OS 7
9
136. 2
131.2
126.8
123.0
m -.
131 3
132.2
Instruments and related products
do
Clay, glass, and stone products
do
Lumber and products
do
Furniture and
fixtures
do
Miscellaneous manufactures
""doll"
144
i °.K
m
T 1 °,n i
9
117 0
114 1
120 0
r>
7
1 98 P;
-me c
11O
A
133.9
135. 6
133.1
126. 0
123.1
134.7
126.8
122.9
132.2
128.2
124.4
-109-1
133.7
133. 9
i °.°. ^
134.4
133. 6
135. 9
138. 5
' 140. 1
134.0
134.5
134.9
136.8
142
130
152
110
139
126
134. 7
101. 2
127 fi
142.6
129.3
127.8
1 °.^ 9
1 9Q A.
100. 0
127. 3
139.9
129.0
126.0
97.8
128.7
138.5
129.5
129.2
1 °>S 1
m
7
99.3
129. 1
96.3
130.4
131.7
119.3
T
131.5
' 119.2
r
141. 9
r 158. 6
r
137
132
142. 9
' 143. 2 '144.9
133.1
' 133.8
144
132
' 132. 5 ' 133. 0
123.9
'121.0
133.7
T 1 °.4 1
104. 7
134 3
'97.3
i.-sn 1
103.6
' 1 32. 7
132.4
base). Physical volume indexes revised beginning 1955 to reflect change to the 1957-59 reference base and incorporation of latest Census revisions. Data prior to May 1963 appear in
the Dept. of Agriculture publication, Farm Income Situation, July 1964. 9 Includes data
for items not shown separately.
cf Industrial production indexes revised beginning Jan.
1961 (seas, adjusted data incorporate new seasonal factors); data prior to July 1963 will be.
shown later.
SURVEY OF CURRENT BUSINESS
S-4
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
| 1963
Monthly
average
October 1964
Aug.
Sept.
Oct.
1964
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
124.5
120. 0
124.1
118.3
161.1
Sept. v
GENERAL BUSINESS INDICATORS— Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Quantity Output— Con.
Seasonally adjusted indexes— Continued©
By industry groupings — Continued
Nondurable manufactures— Continued
Printing and publishing
1957-59 = 100.,
114.6
108.5
136.1
147.6
112.9
116.4
108.0
148.6
162.7
117.1
118.4
112.9
150.7
164.5
117.6
118.4
113.7
152.5
166.7
117.0
117.9
111.9
153.5
168.3
119.0
117.7
113. 2
153.6
169.3
118.5
121.3
119.2
154.5
171.4
116.6
119.5
113.9
154.7
173.1
116.0
121.2
114.5
154.5
173.3
119.1
121.8
115.2
155.2
174.9
119.7
123.6
117.2
157.0
176.7
120.8
123.9
117.1
156.7
173.7
122.0
124.1
117.2
159.6
176.3
122.1
r 158. 7
130.6
113.5
113.8
111.5
112.0
140.0
116.9
116.8
117.8
115.2
140. 1
117.5
117.2
118.9
116. 8
142.6
116.9
117. 2
115.1
115.7
145.0
118.1
117.7
120. 5
114.1
144.3
117.3
117.5
116.3
114.6
144.3
119.1
119.2
118.7
114.9
145.0
120.8
121.3
118.4
112.7
145.3
120.6
119.8
125.0
105.6
145.1
120.3
119.7
123.8
118.2
149.4
120.6
120.0
124.1
127.5
152.2
120.0
120. 2
119.2
129. 2
153.4
119.6
119.5
120.1
118.1
155.2
- 120. 0
••118.9
125.8
127. 5
105. 0
95.3
105.5
105.1
112.6
109.7
107.9
102. 5
107.9
108.1
112.3
112.1
111.1
107. 2
111.4
111.7
112.7
113.4
109.9
105.6
109. 9
109.8
112. 4
113.4
108.6
103.9
108.5
109.1
111.9
113.5
107.5
102. 2
107. 2
108.1
112. 2
113.8
107.3
105.1
106.2
106.6
112.9
113.4
108.8
104.0
108.3
108.5
116.4
113.5
108.9
99.2
109.1
107.8
118.8
114.7
108.8
94.5
109.7
109.0
119.8
115.0
109.9
98.7
110.0
109.6
124.2
114.3
111.3
106.1
110.7
110.1
119.4
116.8
105. 0
105.1
* 110.8 - 110.7
110.2 - 110. 3
119.2
107.7
119.2 r 120. 2
- 112.6
- 107. 9
112.5
112.0
110.3
122.1
113. 0
105
114
113
_do_
do
do
131.4
133.0
126.4
140.0
142.6
131.9
142.4
145.7
132.1
142.1
145.2
132.4
142.3
145.4
132. 5
142.1
145.0
132.9
143.0
146.1
133.3
144.5
148.3
133.9
143.4
146.5
134.6
144.8
148.3
135.2
147.5
151.3
148.3
152.3
- 149. 7
153.6
r 151.4
- 152. 0
152.0
_ _ d o __
do
do
119.7
119.7
125. 9
124.9
125.2
134.4
126. 0
126.5
13.5. 5
126.3
126.4
136.4
127.2
127. 4
137. 3
127. 0
126. 9
138.4
128.0
128. 0
139.1
128.5
128.9
139.7
128.1
128.8
140.7
128.7
128.8
139.7
130.6
130.8
142.4
131.1
131.0
142.9
-131.7
- 131.
5
r 132.
r 132.
0
- 143. 5
r 144.
9
- 132. 9
- 132. 4
- 146. 4
132.2
131.4
141
Automotive products
do
Autos
do _
Auto parts and allied products.. _do
131.1
135.9
125.0
141.2
149.5
130. 2
141.4
151.3
128. 4
143.0
153.3
129.5
145.8
154.8
134.0
145.8
155.1
133.6
146.1
155.6
133.5
146.6
155.3
135.2
145.5
156.5
131.1
144.3
152.5
133.4
149.3
160.0
135.2
151. 4
160.3
139.6
151.7
161.7
* 138. 4
Home goods 9 _ .
Appliances, TV, and radios
Furniture and rugs
122.2
118.2
123.9
129.6
125.1
131.3
131.3
128. 4
133.1
131.8
128.1
132. 1
131.3
125. 8
133.0
133.3
128. 5
134.5
134.2
128.5
135.4
134.8
127.5
136.1
137.3
131.3
138.1
136.4
128.7
139.0
137.7
130.7
139.7
136.9
129.7
141. 0
r
Apparel and staples
_ _ __
do
Apparel, incl. knit goods and shoes.do
Consumer staples
do
Processed foods
do
117.8
114.5
118.7
113.7
122.3
117.6
123.7
116.6
123.7
119.8
124.8
116.7
123.2
118.0
124. 7
116.7
124.2
120. 0
125.4
117.7
123.3
120. 0
124. 2
117.0
124.5
120. 2
125. 7
118.9
125.5
120.4
127.0
121.4
125.0
120.7
126.2
120.2
124.6
118.7
126.3
118.4
127.2
121. 5
128.8
120.8
127.2
123. 2
128.3
120.2
- 127. 7
- 123. 4
- 128. 9
119.4
Beverages and tobacco
do
Drugs soap and toiletries
do
Newspapers, magazines, books. _ _ do
Consumer fuel and lighting
do
111.6
130.0
116.7
126.3
116.9
140.1
117.8
133.5
118.2
142.6
118.6
135.4
115.3
144.5
117.9
135.8
118.3
144.0
117.8
135.6
115.7
142. 0
117.2
134.7
117.4
142.7
120.4
135.2
116.5
142.2
121.5
136.5
118.5
140.1
123.7
134.7
121.9
140.1
125.1
136.2
125.2
142.8
126.7
138.5
122.6
144.5
124.7
138.7
119.4
150.5
125.5
- 140. 6
r 146. 7
r 123. 5
Equipment, Including defense 9
do
Business equipment
.
do
Industrial equipment
do
Commercial equipment
do
Freight and passenger equipment._do
Farm equipment
do
119.6
122. 1
117.2
143. 1
117.2
107.7
124.2
128.3
123.0
142.4
132.2
121.6
125.0
129.7
124. 9
141.5
134.5
122.3
126.0
130.7
125.6
141.6
137.5
125.7
127.0
131.8
126.6
141.2
139.2
130.8
127.1
132.0
127.4
139.0
139.7
134.5
128.1
132.9
128.6
140.2
139.9
131.6
127.9
132.9
128. 9
141.6
137.0
131.2
127.1
131.9
127.9
140.4
137.8
126.0
128.8
134.2
131.9
141.0
135. 8
127.6
130.7
136.5
133.9
143.1
140.8
126.6
131.3
138.0
135.7
141.9
143.9
130.7
132.0
139.0
137.6
143.7
141.3
129.1
- 138. 5
- 145. 7
do
do_ _.
do
do
do
117.0
114.1
127.5
118.9
110.4
123.7
121.2
137.2
125.4
116.3
124.9
121.4
135.4
126. 8
117.9
125.0
122.1
138.6
127.6
118.9
125.5
122. 3
139.6
127.8
118.6
125.7
122. 6
141.3
127. 5
119.0
125.9
122.6
142.9
128.8
118.9
126.7
123.0
141.9
129.2
119.6
128.1
125.8
144.3
129.6
123.2
129.3
127.3
141.9
130.4
123.4
130.6
129.0
144.1
131.6
123.8
131.3
129.8
143. 8
132.9
123.5
-r 131. 8
130. 8
148.1
133. 3
* 122. 8
do
do
do
do
120.0
116.5
117. 1
116.3
126.3
120.3
120.2
120.4
128.4
121.5
119.6
122.5
128.0
120.8
118.2
122.1
128.8
122. 5
122.6
122.5
128.9
122. 6
123.9
122.0
129. 3
123.0
121.3
123. 8
130.4
124.4
125.1
124.0
130.6
125.2
125. 5
125.1
130.8
124.9
123.6
125.6
132.3
126.1
127.0
125.7
132.8
126.5
128.2
125.7
132.9
124.9
- 123. 8
125.4
111.7
104.9
129.9
117.2
109.3
138.7
120.0
113.0
140. 5
118.8
111.3
140.2
118.4
110.1
141.2
118.2
109.3
141.8
118.2
109.0
142.3
119.1
110.2
142.7
118.7
109.3
143.5
118.7
108.9
144.5
120.7
110.3
147.9
122.2
112.1
148.9
NeWpapCrS
do
Chemicals and products
Industrial chemicals
Petroleum products
do _
do
do
Rubber and plastics products
Foods and beverages
Food manufactures
Beverages
do
do
do - _
do
Minin0"
Coal
Crude oil and natural gas. _
Crude oil
Metal mining
Stone and earth minerals
do
do _
_ _ _do_do
do _
do
Utilities
Electric
Gas
By market groupings: 0
Final products, total
__
Consumer goods
Automotive and home goods
Materials
Durable goods materials 9 __
Consumer durable
Equipment
Construction
Nondurable materials 9
Business supplies
Containers
General business supplies
_
do _ .
do
do
Business fuel and power 9
do
Mineral fuels_.
. do
Nonresidentlal utilities
do __
BUSINESS SALES AND INVENTORIES §
Mfg. and trade sales (seas, adj.), totaltf
mil. $..
1
- 111.4
r
137. 8
131.0
141.9
r 122.
7
' 112.
2
- 149. 7
177.1
r 124.
6
r 110.6
121.7
120.1
119.5
155.5
r 152.
2
6
162.6
r 139.
3
r 139.
5
131.1
- 143. 9
r 128.
0
r 124.
0
r 129.
1
- 118.4
155. 8
165.0
143.7
128.0
128
129.6
119.5
130
126.4
149.4
122 7
142.8
- 132. 7
- 134. 0
- 141.8
139.9
145.4
145.5
138.9
134.0
142
- 134. 8
134.1
155. 0
135.8
126.1
135.8
135
136
- 127. 9
- 135. 5
127.5
125.6
128.4
r 122.
r 112.
- 123. 9
- 113. 8
124
114
r 140.
r 141.
0
9
127.9
133.6
- 132. 7
- 150. 2
r 133.
8
- 125. 7
- 134. 5
r 127.0
r 125. 3
8
1
149.8
65,078
68,002
68, 250
68, 029
68,884
68, 338
70, 026
70, 992
71,013
70, 649
71,787
72, 660
72, 187
73, 704
73, 200
do
do
do
33, 308
17, 184
16, 124
34, 774
18,071
16, 704
34, 736
18, 160
16, 576
34, 672
17, 937
16, 735
35, 214
18, 590
16, 624
35, 004
18, 272
16, 732
36, 021
18, 476
17, 545
36, 677
19,144
17, 533
36,235
19,027
17,208
36, 222
18, 887
17,335
37, 167
19,359
17,808
37, 186
19, 138
18, 048
36, 791
19, 023
17, 768
37, 963
19, 861
18, 102
37, 150
19, 167
17, 983
Retail trade, total t
Durable goods stores
Nondurable goods stores
Merchant wholesalers, totaltd"
Durable goods establishments
Nondurable goods establishments a"
do
19, 613
do
6,245
do
13, 367
do
12, 158
do". II 5,021
do
7,136
20, 536
6,675
13,861
12,692
5,244
7,448
20, 666
6,562
14, 104
12,848
5. 297
7,551
20,426
6,606
13, 820
12, 931
5,354
7,577
20,716
6,941
13, 775
12, 954
5,323
7,631
20, 558
6,734
13, 824
12, 776
5,300
7,476
21,019
6,831
14,188
12, 986
5,348
7,638
21,000
6,855
14,145
13,315
5,436
7,879
21,533
7,262
14,271
13,245
5,548
7,696
21,223
6,939
14, 284
13, 204
5,560
7,644
21,392
7,010
14,382
13,228
5,506
7,722
21,777
7,218
14, 559
13, 697
5,766
7,930
21,773
7,002
14,771
13, 623
5, 749
7,874
21, 946
- 7, 060
14, 886
13, 795
- 5, 800
- 7, 995
22, 268
7,311
14, 957
13, 782
5,867
7,914
00 271
105,127
102,672
103,140
103,731
104,529
105,127
105,417
105,413
105,721
106,371
106,507
106,621 ••106,634 106, 624
do
do
do
57, 753
34, 326
23, 427
60, 147
36, 028
24, 119
58, 917
35, 507
23, 410
59, 087
35, 536
23, 551
59, 322
35, 581
23, 741
59, 780
35, 704
24, 076
60, 147
36. 028
24, 119
59,991
35,955
24, 036
60,108
35,945
24,163
60, 326
36, 079
24, 247
60, 531
36,277
24, 254
60, 528
36, 300
24, 228
60, 398 -60,488
36, 492 - 36, 597
23, 906 -23,891
60, 716
36, 804
23, 912
do
do
.__ do
do
do
do
27, 938
11,728
16,210
14, 580
8, 108
6.472
29, 383 28,615 28, 752 28, 921
12, 509 11,976 12, 032 12,116
16,874 16,639 16,720 16,805
15, 597 15, 140 15,301 15,488
8,321
8,447
8,387
8,430
7.150
6.819
6.914
7.058
'Revised.
* Preliminary.
1 Total and components are based on unadjusted data.
(BSee note marked "cf" on p. S-3.
9 Includes data for items not shown separately.
§ The term "business" here includes only manufacturing 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 on p. S-5; those for retail trade on p S-ll.
Digitized fortSee
FRASER
note marked "f on p. S-4 of the Nov. 1963 SURVEY.
fRevised series. For a
detailed description of the changes affecting these series and data for earlier periods, see
http://fraser.stlouisfed.org/
29, 254
12,341
16,913
15,495
8,430
7.065
29, 383
12,509
16,874
15, 597
8,447
7.150
29, 608
12,666
16,942
15,818
8,569
7,249
29, 586
12, 708
16,878
15,719
8,559
7,159
29, 661
12,913
16,748
15,734
8,478
7,256
29, 961
13, 045
16,916
15,879
8,519
7,360
29, 926
13, 024
16,902
16, 053
8,618
7.435
30, 180
13, 079
17,101
16, 043
8,740
7.304
-30,129
- 12, 924
- 17, 205
- 16, 017
- 8, 710
- 7. 307
29, 942
12, 773
17, 169
15, 9(56
8,699
7,267
Manufacturing, total!
Durable goods industries
Nondurable goods industries
Retail trade, total t -Durable goods stores
Nondurable goods stores
Merchant wholesalers, totaltd*
Durable goods establishments
Nondurable goods establishments^
Federal Reserve Bank of St. Louis
144
146
139.8
132.5
144.8
Manufacturing, totalf
Durable goods industries
Nondurable goods industries
Mfg. and trade inventories, book value, end of year
or month (seas, adj.), total f
mil $
123
pp. 16-19 of the Dec. 1963 SURVEY; see p. 28 of the Sept. 1964 SURVEY for current revisions
(Jan.-June 1963) affecting the retail inventory and total manufacturing and trade inventory
series.
cf Total manufacturing and trade sales and inventories and merchant wholesalers
sales and inventories have been expanded to cover all merchant wholesalers, including wholesalers of farm product raw materials; also, seasonally adjusted data beginning Jan. 1960 for
merchant wholesalers' sales and inventories revised to reflect new seasonal and trading day
factors. Revisions for earlier periods appear on p. 24 of the May 1964 SURVEY.
SURVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-5
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Apr.
Mar.
May
June
July
Aug.
Sept.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:
Manufacturing and trade, totalt§
ratio
Manufacturing, total§
Durable goods industries
Purchased materials
Goods in process
Finished goods
do
do
do
do
do __
Nondurable goods industries
do
Purchased materials
do
Goods in process
_
_ _ _ _ _ _ _do
Finished goods
do
Retail trade, total t§
do
Durable goods stores
_
do _
Nondurable goods stores
_ - _
do
Merchant wholesalers totaled"
do
Durable goods establishments
do
Nondurable goods establishments^
do
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:*
Durable goods industries (unadj ), total mil $
1.51
1.50
1 50
1 52
1 51
1 53
1 50
1 48
1 48
1 50
1 48
1 47
1 48
1.70
1.96
.62
.80
.54
1.69
1.94
.59
.80
.55
1 70
1.96
60
80
55
1 70
1 98
61
81
56
1 68
1 91
59
79
54
1 71
1 95
60
80
56
1 67
1 95
59
80
56
1 64
1 88
57
54
1 66
1 89
57
78
54
1 67
1 91
57
79
54
1 63
1 87
56
78
53
1 63
1.90
57
79
.54
1 64
1.92
57
80
55
1.42
.60
.20
.62
1.41
.59
.20
.63
1 41
.58
.20
64
1 41
58
.20
63
1 43
59
.20
63
1 44
59
.20
65
1 37
56
20
62
1 37
55
20
62
1 40
56
20
64
1 40
56
20
64
1 36
54
.19
63
1.34
.53
. 19
62
1 35
.53
.19
62
1.38
1.82
1.18
1.19
1.60
.90
1.39
1.79
1.20
1. 18
1.58
.90
1 38
1.83
1. 18
1 18
1 57
90
1 41
1 21
1 18
1 57
91
1 40
1 75
1 22
1 20
1 58
92
1 42
1 83
1 22
1 21
1 59
94
1 40
1 83
1 19
1 20
1 58
94
1
1
1
1
1
41
85
20
19
58
92
1 37
1 75
1 18
1 19
1 54
93
1
1
1
1
1
40
86
17
19
52
95
1 40
1 86
1 18
1 20
1 55
95
1
1
1
1
1
37
80
16
17
49
94
1 39
1.87
1.16
1 18
1 52
.93
678
605
682
756
689
789
683
716
778
781
804
799
1.45
1.46
1.59
'•1.84
55
T
.77
.52
1.63
1.92
.57
.81
.54
1.32
.51
.19
62
1.33
.52
.19
.62
1.37
1.34
1.75
1.15
1. 16
1.48
.92
r
r
1.83
r 1.16
1 16
1.50
.91
r
681
687
do
33, 308
34, 774
33 761
36 028
36 821
35 377
34 594
34 110
36 818
37 069
38 091
37 465
38 622 '•34,774
35, 983
do
do
do
do
do
17, 184
961
2,835
1,522
1,859
18, 071
947
2,944
1,586
1,877
16 880
1,035
2,755
1 454
1,990
18 278
1,042
2,788
1 421
1 986
19 180
1,089
2,928
1 484
2,054
18 457
960
2,852
1 468
1 881
18 118
798
2,745
1 405
1 807
17 595
788
2,967
1 591
1 777
19 208
842
3,158
1 715
1 911
19 471
873
3,223
1 737
1 906
9
19 781
1,017
3,318
1 815
1 975
20 542
1,070
3,333
1 775
2 075
2 517
2,366
2 544
Machinery except electrical
do
2 392
2 595
2,301
2,398
2 522
Electrical machinery
_
_
do
2,364
2,559
4,453
Transportation equipment
do
4,848
5,268
3,648
4 553
3,154
2,806
Motor vehicles and parts
do
1,841
3,544
2 791
557
583
Instruments and related products
do
569
625
610
16, 124 16, 704 16, 881 17 750 17, 641
Nondurable goods industries, total 9
do
5,577
5,832
6,184
5,797
Food and kindred products
_ _ _ do
6,241
377
383
409
383
Tobacco products
do
385
1,263
Textile mill products
_
do
1,378
1,427
1,501
1,515
1,314
1,355
1 427
Paper and allied products
do
1 366
1 453
2,449
2,568
Chemicals and allied products
. do
2,526
2,674
2,736
1,433
1,451
1,442
Petroleum and coal products
_
do
1,475
1,456
710
772
Rubber and plastics products-. .
do_ 736
856
799
34, 736 34 672 35 214
Shipments (seas, adj.), totalf
do
By industry group:
18,160 17 937 18 590
Durable goods industries, total 9
do
Stone clay and glass products
do
914
986
938
2,857
Primary metals
do
2 742
2 904
1,479
Blast furnaces, steel mills
do
1 392
1 469
1 874 1 855
Fabricated metal products
do
1 943
2 565
Machinery, except electrical
do
2 610
2 615
Electrical machinery _ _ _
_ _ _do _
2,433
2,385
2,370
Transportation equipment ._
do
4,979
5 158
4,897
2 997
Motor vehicles and parts
do
3 155
3 362
Instruments and related products
do
588
577
589
Nondurable goods industries, total 9
do
16, 576 16 735 16 624
Food and kindred products
do
5 835
5 916
5 870
Tobacco products
do
393
384
377
Textile mill products
do
1 364
1 363
1 401
1 323
Paper and allied products
do
l'373
1 395
Chemicals and allied products
do
2, 529
2 576
2 578
Petroleum and coal products
_.
do
1,477
1,451
1,428
Rubber and plastics products
do
737
772
794
By market category:
2
2
Home goods and apparel __
_ do
3,
296
3,287
3
313
3,201
3
207
2
7, 002 2 7, 258
Consumer staples
do
7,278
7,288
7,337
2
Equipment and defense prod., excl. auto_do
4, 167 2 4, 242
4,351
4,314
4,376
2
2
Automotive equipment. __ __ _
do
3,
140
3
571
3,406
3
573
3
797
2
Construction materials and supplies
do
2, 770 2 2, 796
2,793
2,762
2,933
2
Other materials and supplies
do
12, 932 2 13, 594 13, 621 13 485 13 613
Supplementary market categories:
2
Consumer durables
do
1,336 2 1,380
1,416
1,372
1,368
2
2, 091 2 2, 096
Defense products
_
do
2, 353
2,167
2,133
2
Machinery and equipment
do
3, 095 2 3, 215
3,252
3,293
3,272
Inventories, end of year or month:f
Book value (unadjusted), total
do
57, 419 359,738 58, 681 58, 837 59, 026
Durable goods industries, total_._ _ _ _
do
33, 891 35, 565 35, 301 35 370 35, 300
Nondurable goods industries, total
do
23, 528 24, 173 23, 380 23, 467 23, 726
Book value (seasonally adjusted), total
do
57, 753 360,147 58, 917 59, 087 59, 322
By industry group:
Durable goods industries, total 9 do
34, 326 36, 028 35, 507 35, 536 35, 581
1,492
Stone, clay, and glass products.
do
1,535
1,544
1,517
1,551
Primary metals
do
5,873
5 828
5 861
5 918
5 849
Blast furnaces, steel mills
do
3,455
3,528
3 533
3 496
3 500
Fabricated metal products, . _ do3,861
3,933
3,999
3 913
3 889
Machinery, except electrical
do
6,486
6,759
6,763
6,910
6,800
Electrical machinery.
_
do
4,900
5 009
5 055
4 997
5 043
Transportation equipment, _ _ do_
6,799
7,311
7,331
7,256
7,378
Motor vehicles and parts
do
2,413
2,731
2,610
2,667
2,669
Instruments and related products.-do
1,365
1,468
1,434
1,446
1,454
T
2
Revised.
i Advance estimate.
Based on data not seasonally adjusted.
3 Total
and components are end-of-year data. % See note marked "j" on p. S-4 of Nov. 1963 SURVEY.
§ See note marked "f" on p. S-4.
d" See corresponding note on p. S-4.
*New series. Represents estimated total value of durable goods products directly exported by durable goods manufacturers; data prior to Oct. 1962 are not available. f Revised
series. Effective with the Dec. 1963 SURVEY, data reflect the following major changes: Introduction of the Annual Survey of Manufactures as the new benchmark, revision of sample de-
2 470
2,484
5 221
3 512
610
16 920
5 983
394
1 456
1 359
2,509
1 424
763
35 004
577
490
37
387
636
16 476
5 913
393
1 356
1 304
2,369
1 521
784
36 021
2 489
? 254
4 940
3 311
537
16 515
5 946
333
1 315
1 302
2,573
1 492
767
36 677
784
523
306
455
599
17 610
6 171
339
1 457
1 398
2,743
1 498
836
36 235
2 957
2 §96
2 555
2 498
5
619
5 285
3 748
3 487
609
611
17 598 17 849
6 101
6 120
379
368
1 463
1 477
1 497
1 403
2 992
2 803
1 484
1 421
901
833
36 222 37 167
18 272
977
2 892
1 512
1 913
2 582
2 369
4 ggg
3 234
594
16 732
5 961
379
1 400
1 366
2 578
1 409
781
18 476
953
2 ggl
1 570
1 910
2 652
2 432
4 909
3 123
591
17 545
6 193
403
1 466
1 415
2 640
1 475
836
19 144
1 018
3 067
1 605
1 994
2 737
2 479
5 117
3 297
606
17 533
6 247
365
1 465
1 368
2 703
1 455
815
19 097
999
3 034
1 649
2 Oil
2 674
2 463
5 075
3 331
593
17 208
6 049
353
1 405
l' 362
2 735
1 474
836
19 138
929
3 154
3 174
3 03
1 739
1 719
1 615
1 QC7
1 906
1 943
2 782
9 fiQfi
2 738
2 530
2 530
2 505
5 231
5 056
5 018
3 972
3 468
3 O1 A
fififi
611
' 616
17 335 17 808 18 048
6 395
6 202
6 1 31
007
389
' 394
1 481
1 472
1 3A3
1 395
1*404
o 007
2 746
9 818
1 546
1 520
1 445
853
873
3 387
7 607
4,445
3 716
2,967
14 100
3 415
7 766
4,572
3 879
2,916
14 619
Shipments (not seas, adj.), totalf
Durable goods industries, total 9
Stone, clay, and glass products.
Primary metals
Blast furnaces, steel mills
Fabricated metal products _ _
!744-465 0—64
4
2
2
5
3
9
2
2
5
3
18 887
0 242
987
3,370
1 843
1 989
9
2
5
3
939
440
304
495
604
17 684
6 247
399
1 428
1 390
2^953
1 501
863
37 186
19 359
QKO
Q40
9
r
!7 895
'984
* 2, 983
r
1
668
r
1,911
3 114 r 2 683
2, 605 Tr 2, 305
5 431
4 387
3 563 r 2r 762
656
590
18 080 rT!6 8.3
6 429
6 104
T 403
425
1 506 r 1 298
T
i
332
1 468
2, 854 r 2, 597
r
1 540
1r 516
910
759
36 791 r 37 963
19 023
' 940
3 102
1 653
1 908
9 838
2' 470
5 036
3 271
619
17 768
6 279
397
1 432
1 399
2 736
1 532
848
r
!9 861
T
T
T
r
T
939
3
i
9
9
447
961
040
936
r 9 629
T 5 008
T 3 230
T 663
17 713 i 19 600
1,035
3, 109
1 745
2, 033
9
623
2, 468
3 559
1,947
631
18 270
6 407
414
1 499
1 463
2, 777
1 535
844
37 150
19 167 i 19 100
915
3 914
1 770
1 918
2 793
2 519
5 085
3 391
657
841
17 983
6 463
394
1 436
l' 495
9 791
1 517
863
3 594
7 865
4,618
3 676
2,934
14 569
r 3 563
3 459
7 802 r 7 919
4,582 r 4, 778
3 677 r 3 699
2,906 r 3, 045
14 365 T 15 036
3 410
8 006
4, 557
3 807
2,898
14 472
r 18 1Q9
r
6 310
r 389
T i 513
r i' 468
T 2 820
T i 539
r
3 169
7 382
4,286
3 635
2,907
13 625
3 473
7 672
4,435
3 538
2,811
14 092
3 519
7 686
4,566
3 710
3,002
14 194
3 395
7,496
4,483
3 728
3,119
14 014
1 356
2 132
3 258
1 454
2 169
3 362
1 469
2 231
3 428
1 468
2 181
3 344
1 476
2 095
3 409
1 483
2 233
3 407
1 482
2 198
3 483
1 467 r i 550
2 160 r 2 187
3 506 T 3 706
1 447
2 091
3 593
59, 445
35 359
24, 086
59, 780
59, 738
35 565
24,173
60, 147
60,094
35 875
24,219
59,991
60, 486
36 173
24,313
60, 108
60, 661
36 394
24, 267
60, 326
60, 807
36 608
24, 199
60, 531
60, 950
36 785
24, 165
60, 528
60, 704 r 60, 214
36 815 r 36 451
23, 889 * 23, 763
60, 398 r 60, 488
60, 414
36 700
23, 714
60, 716
35, 704
1,535
5 903
3 532
3 917
6 839
5 066
7,220
2,595
1,452
36, 028
1,544
5 918
3 533
3 999
6 910
5 055
7,331
2,610
1,468
35,955
1,539
5 908
3 519
3 971
6 926
5 073
7 272
2,614
1,480
35, 945
1,535
5 914
3 511
3 965
6 869
5 088
7 359
2,663
1,477
36, 079
1,536
5 972
3 561
3 978
6 891
5 039
7 425
2,702
1,503
36, 277
1, 551
36, 300
1,579
6 014
3 594
3 951
6 963
5 062
7 389
2,713
1,540
36, 492
1, 595
6 019
3 628
3 962
7 035
5 061
7 428
2, 71fi
1,540
r
QK.A
3 547
3 971
6 955
5 094
7 446
2,716
1,527
r
36, 597
1, 574
6 001
3 6099
3' 99
7 070
5 Q69
7 497
2,825
1,534
r
36 804
1,590
6 044
3' 667
4* 009
7 151
5 192
7 519
2,799
1.542
sign, refinement of industry reporting, expansion of industry groups published, and revision of
seasonal factors. In addition, data by market groupings are presented for the first time. Data
for shipments and new orders not seasonally adjusted are adjusted for trading day variation.
Revisions back to 1947 and a detailed description of the current revision appear in the Census
Bureau publication, "Manufacturers' Shipments, Inventories, and Orders: 1947-63 Revised."
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
S-6
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
End of
year
October 1964
1963
Aug.
Sept.
Oct.
1964
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALESJNVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month — Continued!
Book value (seasonally adjusted) — Continued
By industry group— Continued
Durable goods industries — Continued
By stage of fabrication:
Materials and supplies 9
mil. $_. 10,571
2,333
Primary metals
do
2,968
Machinery (elec and nonelec.) -_do
1,782
Transportation equipment
-do __
14,129
Work in process 9
do
1,816
Primary metals
do
5,034
Machinery (elec. and nonelec.) do
4,142
Transportation equipment
do
Finished goods 9
_ . do ._. 9,593
1,721
Primary metals
do
3,381
Machinery (elec. and nonelec. ) _ , _ d o
824
Transportation equipment
_ do__
10, 879
2,259
3, 009
1.956
14,857
1,901
5,249
4,467
10,981
2,203
3, 089
1,990
14,591
1,818
5,223
4,414
10,917
2, 232
3, 001
2,012
14, 579
1. 852
5,172
4,468
10, 878
2,251
2,954
1,989
14, 639
1,845
5,288
4,386
10, 880
2, 256
2,992
1,960
14, 648
1,882
5, 260
4, 363
10, 879
2,259
3,009
1.956
14.857
1.901
5,249
4,467
10,821
2,233
2,989
1,958
14,828
1,895
5, 305
4,402
10, 786
2,232
2,992
1,952
14, 875
1,898
5, 251
4,499
10, 817
2,256
2,973
1,967
15,001
1,926
5,253
4,539
10, 830
2,280
2,962
1,930
15,112
1,902
5,361
4,583
10, 828
2,249
2,989
1,928
15, 127
1,970
5,348
4,523
10,292
1,758
3.707
908
9,949
1,742
3,575
869
10. 040
1,765
3,587
898
10, 064
1,765
3,601
881
10, 176
1,765
3,653
897
10, 292
1,758
3,707
908
10, 306
1,780
3,705
912
10, 284
1,784
3,714
908
10,261
1,790
3,704
919
10, 335
1,772
3,726
933
10, 345
1,795
3,688
938
23, 427
6,080
2,391
2,608
24,119
6. 028
2.314
2 886
23,410
5,917
2,341
2 689
23, 551
5,979
2, 339
2, 668
23, 741
6, 057
2, 317
2,800
24,076
6,060
2.345
2,895
24, 119
6,028
2,314
2,886
24, 036
6,052
2, 357
2,846
24, 247
6,195
2,344
2,821
24, 254
6,165
2,363
2,789
24, 228
6,137
2,353
2,768
1,800
Paper and allied products
_ do _ _ _ 1,688
3,600
Chemicals and allied products
do
3.818
1,809
1, 736
Petroleum and coal products
do
1,138
1, 157
Rubber and plastics products
do
By stage of fabrication:
9,770
9 769
Materials and supplies
do
3,304
3,479
Work in process
do
10,246 10,871
Finished goods
do
By market category:
5,955
ITome goods and apparel
_.
do
6.389
9,515
9,525
Consumer staples
do
11,828 12. 363
Equip, and defense prod., excl. auto
do
3,001
3,245
Automotive equipment
do
5, 042
5,290
Construction materials and supplies
do
22,412 23, 335
Other materials and supplies
do
Supplementary market categories:
2,722
2 955
Consumer durables
do
5,343
5,583
Defense products
- do _
8,098
8,539
Machinerv and equipment
do
133,167 1 35, 036
New orders net (not seas a d j ) , t o t a l f
do
1,728
3,718
1,852
1,164
1,743
3,722
1,830
1, 155
1,757
3,734
1,788
1,159
1,772
3,769
1,795
1,167
1,800
3,818
1,736
1,157
1,792
3,872
1,775
1,125
24, 163
6,136
2,374
2, 839
1,792
3, 894
1, 786
1,127
1,797
3,902
1,801
1,129
1,789
3,926
1,768
1,131
1,801
3,935
1,767
1,133
10, 866 -10,870 10,957
2,210
2,243 -•2,227
3,028 ' 3, 052 3,074
1,938
1,911 '1,891
15,211 '15,325 15,452
1,969 ' 1,994 2,032
5,521
5, 385 '5,421
4,533 ' 4, 596 4,620
10, 415 '10,402 10,395
1 , 802
1,807 '1,780
3,683 ' 3, 666 3,678
961
984 '1,010
23, 906 '23,891 23,912
5,857
5, 991 ' 6, 009
2,261
2,322 '2,297
2,754 ' 2, 763 2,819
1,861
1,812 '1,836
3,930
3, 910 ' 3, 934
1,731
1,732 '1,708
1,154
1,127 '1,137
9,694
3,364
10,648
9.660
3,347
10, 544
9,844
3,344
10, 553
9,826
3,428
10,822
9,769
3,479
10, 871
9,666
3,452
10,918
9,661
3,403
11,099
9,632
3,446
11,169
9,534
3,459
11,261
9, 528
3,452
11,248
9,345
9,432 '9,293
3,422 ' 3, 406 3,447
11,120
11,052 '11,192
6,040
9,438
12, 172
3,331
5,146
22, 790
6,149
9,447
12, 249
3,268
5,099
22, 875
6,179
9,502
12, 189
3,258
5,135
23, 059
6,321
9,571
12, 277
3,200
5,189
23, 222
6,389
9,525
12. 363
3,245
5,290
23, 335
6,242
9,597
12,303
3,241
5,311
23, 297
6,231
9,730
12, 288
3,299
5,296
23, 264
6,226
9,780
12, 305
3,347
5,290
23, 378
6,313
9,782
12, 370
3,359
5, 352
23, 355
6,296
9,745
12, 361
3,342
5,353
23, 431
6,278
6,210 '6,177
9, 563 ' 9, 559 9,346
12,555
12, 494 '12,463
3,449
3,356 '3,453
5, 386 ' 5, 380 5,380
23, 389 '23, 456 23, 708
2,855
5,496
8, 365
2, 865
5, 571
8,343
2,923
5,490
8,395
2, 923
5,502
8,485
2,955
5,583
8,539
2,938
5,466
8,558
2,917
5,457
8,550
2,964
5, 429
8,673
2,938
5,394
8,677
Nondurable goods industries , total 9 ---no
Food and kindred products
do
Tobacco products
do
Textile mill products
do
Durable goods industries, total
Nondurable goods industries, total
New orders net (seas adj ) total t
By industry group:
Durable goods industries, total 9
Primarv metals
Blast furnaces steel mills
Fabricated metal products
Machinery, except electrical
Electrical'machinery
Transportation equipment
Aircraft and parts
Nondurable goods industries, total
Industries with unfilled orders©
Industries without unfilled orders^
17,085
16,082
_- do
do
33, 779
36,217
36, 601
35, 174
34, 045
35,010
2,931
5,465
8,524
37, 539
37, 508
38, 517
37, 859
39, 317 '36, 367
36, 194
18, 300
16, 736
16, 946
16,833
18, 502
17,715
18, 883
17,718
18, 140
17. 034
17,623
16, 422
18,558
16, 452
19, 927
17,612
19, 951
17, 557
20, 662
17, 855
21 , 249 '19,530
18, 068 '16,837
37, 782 '39,315
17,948
18,246
37,519
2 20, 100
19,371
3,278
1,825
1,951
2, 956
2, 736
4,764
1,119
2 19, 800
2,952
5, 412
8,781
'2,953
' 5, 391
' 8, 808
2,955
5,411
8, 920
33,167 335,036
34,930
34,991
35, 354
34, 953
35, 619
37, 148
36, 657
36, 547
38, 184
20, 095
17, 764
37, 893
--do
do
do
do
do
do
do
do
17,085
2,718
1,400
1,848
2,364
2,285
4,484
1,342
18, 300
2,959
1,592
1,886
2,574
2,410
4,970
1,398
18, 060
2,486
1,198
1,950
2,529
2,568
5,005
1,484
18,244
2,712
1,371
1,808
2,608
2,263
5,430
1,754
18, 622
3,013
1,590
1,910
2,669
2,410
5,094
1 272
18,113
2, 9641, 529
1,858
2, 617
2.477
4,680
1,189
17,974
2,938
1,456
1,914
2,741
2,463
4,327
801
19,740
3,147
1,641
2,043
2,808
2,687
5,433
1,730
19, 499
3,074
1,685
2,018
2,763
2,574
5,179
1,537
19, 262
3,103
1,675
2,007
2,771
2,547
5,164
1,421
20, 461
3,641
2,077
2,071
2,938
2,520
5, 607
1,605
19, 945
3,175
1,727
1,968
2,956
2,571
5,538
1,646
20, 016 '21,254
3,472 ' 3, 539
1,943 ' 2, 077
2,013 '2,069
3,030 ' 2, 909
2,448 ' 2, 807
5,364 '6,218
1,510 ' 2, 429
do
do
do
16,082
4,124
11,957
16, 736
4,411
12, 325
16,870
4,490
12, 380
16,747
4,495
12, 252
16, 732
4,528
12, 204
16, 840
4,635
12, 205
17, 645
4,835
12,810
17,408
4,531
12,877
17, 158
4,486
12, 672
17,285
4,552
12, 733
17, 723
4,678
13, 045
17, 948
4,739
13, 209
17, 766 '18, 061 18,148
4,694 ' 4, 887 4,873
13,072 '13,174 13,275
3,273
7,000
4, 155
3,162
2, 767
12, 809
3,339
7 257
4,368
3,578
2,803
13, 691
3,581
7,277
4,592
3,484
2,917
13, 079
3,177
7 334
4,424
3,553
2,712
13, 791
3,199
7,298
4,069
3,806
2,938
14, 044
3, 136
7.371
4,289
3,611
2,807
13, 739
3,503
7,682
4,133
3,475
2,723
14,103
3,444
7,700
4,991
3,728
2,967
14,318
3,455
7,495
4,607
3,714
3,113
14, 273
3,444
7,593
4,495
3,797
2,983
14, 235
3,396
7, 756
4,858
4,040
3,038
15, 096
3,480
7,859
5,323
3,641
3,017
14.573
1,492
2,482
3,929
3,502
3,402 ' 3, 585
8,023
7,809 '7,915
5,237 ' 5, 534 4,694
3,729
3,717 '3,717
3,004 ' 3, 086 2,921
14,650
14, 613 '15, 478
1-, 482
1,421 '1,566
1,918
2,336 ' 3, 287
3,763
3,916 ' 3, 774
do
3
By market category:
Home goods and apparel
do
Consumer staples
do
Equip, and defense prod., excl. auto
do
Automotive equipment
do _
Construction materials and supplies
do
Other materials and supplies
do
Supplementary market categories:
Consumer durables
do
Defense products
do
Machinerv and equipment
do
Unfilled orders, end of year or month (unadjusted),
totalf
mil $
1,325
2,081
3,090
1,404
2,156
3,326
1,426
2,357
3,307
1,312
2,466
3,415
1,379
1,922
3,441
1,387
1,968
3,273
1,514
1,476
3,612
1,420
2,673
3,617
1,520
2,401
3,413
1,505
2,177
3,455
1,485
2,367
3,610
46,242
49, 149
49, 945
50, 131
49, 902
49, 696
49, 149
50, 049
50, 760
51, 199
51, 626
52,018
52,717 '54,313
54, 525
Durable goods industries, total
do
Nondur. goods indust. with unfilled orders© -do
43, 666
2,576
46, 193
2,956
47, 086
2,859
47, 306
2,825
46, 999
2,903
46, 684
3,012
46, 193
2,956
47, 154
2,895
47, 863
2,897
48, 341
2,858
48. 764
2,862
49, 076
2,942
49, 785 '51,422
2 932 ' 2, 891
51,658
2,867
46, 784
49, 796
49, 552
49, 982
50,140
50, 132
49, 796
50, 083
50, 586
50, 697
51, 679
52, 004
52, 833 '54, 075
54, 239
44,094
3,761
2,057
3,944
6,304
6,964
18, 062
13, 570
46, 676
3,930
2,120
4,062
7,027
7,114
19, 368
14, 446
46, 695
3,862
2,150
4,191
6,764
7,122
19, 481
14,819
47, 070
3,822
2,102
4,124
6,780
7,062
19, 998
15, 199
47, 169
3,859
2,172
4,104
6,884
7,058
20, 060
15, 189
47,076
3,930
2,193
4,059
6,933
7,111
19,869
14,985
46, 676
3,930
2,120
4,062
7,027
7,114
19, 368
14, 446
47, 072
4,022
2,168
4,081
7,069
7,153
19, 724
14,723
47,644
4,169
2,281
4,099
7,072
7, 337
19, 805
14,919
47, 805
4,082
2,203
4,190
7,169
7,383
19, 821
14, 990
48, 840
4, 485
2, 525
4,311
7, 325
7,347
20, 294
15, 305
49, 225
4,513
2,540
4,366
7,421
7,402
20, 443
15, 301
50, 037 '51,302 51,387
5,049
4,795 ' 5, 051
2,748 ' 3, 024 3,013
4,520
4, 451 '4,475
7,785
7,618 ' 7, 576
7,817
7,413 ' 7, 646
20, 679 '21,569 21,217
15,383 '16, 026 15,767
2,690
3,120
2,857
2,912
2,971
3,056
3,120
3,011
2,942
2,892
2,839
2,779
1,736
24, 713
4,868
15, 467
1,987
26, 197
4, 986
16, 626
1,987
26, 484
5,133
15, 948
1,989
26, 664
5,116
16,213
1,977
26, 483
5,111
16, 569
1,945
26, 502
5,017
16, 668
1,987
26,197
4, 986
16, 626
1,908
26,534
4,952
16,689
1,994
26, 598
4,967
17, 027
2,061
26, 555
5,044
17, 037
2,016
27, 059
5, 123
17, 481
1,315
1,254
1,313
1,407
18, 724 19, 399 19, 746 19, 625
11.186 10. 650 10. 754 10. 931
l
2
' Revised.
Monthly average.
Advance estimate.
'j Data for total and components (incl. market categories) are monthly averages based on new orders not seasonally adjusted.
tSee corresponding note on p. S-5.
9 Includes data for items not shown sepaDigitized rately.
for FRASER
©Includes textile mill products, leather and products, paper and allied products,
1,352
19, 429
10.928
1,407
18, 724
11.186
1,338
19, 062
11,326
1,408
1,440
19,365 19, 363
1 1 . 348 11 449
Unfilled orders, end of year or month (seasonally
adjusted), totalf
mil $
By industry group:
Durable goods industries, total 9
do
Primary metals
do
Blast furnaces, steel mills
do
Fabricated metal products
do
Machinery except electrical
do
Electrical machinery
do
Transportation equipment
do
Aircraft and parts
do
Nondur. goods indust. with'unfilled orders© .do
By market category:
Home goods, apparel, consumer staples
do
Equip, and defense prod., inch auto
do
Construction materials and supplies
do
Other materials and supplies _
do
Supplementary market categories:
Consumer durables._ .
do. _
Defense products
do
Machinery and equipment
do
1,194
18, 148
9,828
' 2, 773
2,852
1,997
27, 404
5,167
17, 436
1,910 '1,901
28, 028 '28,820
5, 213 ' 5, 201
17,682 '18,153
1,963
28, 830
5,222
18,224
1,418
1,410
19,613 19,670
1 1 . 699 11.931
1,356 '1,351
19, 828 '20, 588
19 34Q r19 444
1,380
20, 320
19 679
2,796
2 52, 100
2 52, 100
and printing and publishing industries; unfilled orders for other nondurable goods industries
are zero.
tFor these industries (food and kindred products, tobacco products, apparel
and related products, petroleum and coal products, chemicals and allied products, and rubber
and plastics products) sales are considered equal to new orders.
S-7
SURVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
1964
1963
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS d*
New incorporations (50 States and Dist. Col.):t
Unadjusted
number
Seasonally adjusted
do
INDUSTRIAL AND COMMERCIAL
FAILURES rf 1
Failures, total
number
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
15 171
15 534
1 5 277
16093
13 824
15 689
16 808
16 275
12 975
15 759
15 472
15*867
18 825
16 193
15 495
16 086
17 676
16 064
17 365
16 242
16 394
15,932
16, 856
15, 797
17, 145
15, 852
14, 552
16, 074
1,315
1,198
1 135
1 051
1 262
1 115
998
1 217
1 241
1 320
1,197
1,075
1,157
1,096
1,169
112
225
215
629
134
114
200
201
557
126
108
210
187
522
108
113
189
167
467
115
133
207
217
578
127
129
198
186
479
123
91
198
176
433
100
109
201
205
570
132
109
204
211
572
145
131
210
212
625
142
101
201
216
554
125
92
179
188
501
115
123
219
146
563
106
82
214
192
501
107
113
203
185
550
118
93,419 144, 496 125, 642
10, 245 80, 909
9,037
14 687 15, 349 23 772
37, 782 17, 951 23, 309
23 291 21, 694 20 781
8,593 48 743
7 414
95, 180
22, 555
17 897
16, 079
25 715
12 934
do
do
do
do
do
Liabilities (current), total __ _
thous. $
Commercial service _.
do_ ._
Construction
do
Manufacturing and mining
_ do
Retail trade
do
Wholesale trade
_do
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns, _
101, 133 112,716
7,831
7,425
20, 295 19 280
33, 333 46 475
29 143 24 947
10, 531 14 589
1
60. 8
i 56.3
65
5
12
18
19
9
233
304
394
748
341
446
54 5
85
6
21
28
15
14
918
579
592
149
644
024
59 4
834 262 112
758
4 171
9S1 20 325
777 197 942
6Q3 26 839
715 12 842
91
10
12
32
23
11
59 6
55 1
68
3
13
22
16
11
427
764
935
662
849
217
96
5
22
29
27
11
51 2
731 123 935 110 999 112 884
7 238 11 686 10 355
721
166 14 933 20 776 27 872
649 26 260 26 762 30 650
376 2° 680 19 515 28 151
819 52 824 32 260 15 856
53 9
55 3
56 6
51 3
49.4
53.2
54 9
59. 1
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products©
1910-14=100.
Crops.
Commercial vegetables
Cotton ...
._
Feed grains and hay
Food grains
Fruit
Oil-bearing crops
Potatoes (incl. dry edible beans)
Tobacco
_
_
Livestock and products
Dairy products
_
Meat animals
Poultry and eggs
_. _
W ool
244
242
242
242
242
242
237
243
240
239
236
235
232
234
232
236
do
do
do
do
do
231
243
271
153
226
237
231
271
164
224
232
194
271
168
206
232
189
276
171
213
235
205
278
162
223
241
250
274
158
224
241
254
264
164
226
243
270
254
166
230
242
286
249
164
229
241
275
259
166
215
243
230
267
168
225
248
235
271
168
218
241
240
274
168
170
234
237
274
163
162
226
217
258
163
161
228
217
258
170
164
do
do
do
do
226
248
157
530
279
258
157
494
274
255
200
479
264
253
161
498
279
264
140
495
294
271
144
490
303
265
144
478
300
268
150
488
292
263
156
490
293
260
167
490
316
252
191
490
327
246
251
490
301
246
322
489
272
247
307
489
283
243
247
487
293
254
202
482
do
do
do
do
255
253
310
145
252
245
253
290
146
269
250
251
303
142
260
250
262
294
149
256
248
269
286
148
262
243
272
272
150
265
234
269
260
146
270
242
265
274
154
274
237
260
269
147
281
237
253
273
144
295
230
243
268
136
301
224
237
263
131
301
224
234
264
133
299
234
243
275
139
293
237
252
274
145
288
244
262
282
146
284
280
294
270
283
298
273
283
298
273
283
297
273
282
297
272
282
298
271
282
298
270
283
298
273
283
299
271
283
298
272
283
300
272
282
300
270
282
300
269
282
300
269
282
300
269
282
299
270
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) J
1910-14—100
307
312
312
311
311
311
311
313
313
313
314
313
313
312
313
313
Parity ratio§t
279
278
78
78
78
78
76
78
77
76
75
75
74
75
74
75
105.4
106.7
107.1
107.1
107.2
107.4
107.6
3 107.6
4 107.7
707. 6
107.6
3 107. 8
107.7
3/08.0
107.8
3 107. 9
107.8
3 108. 2
108.0
108.3
108.2
do
105.4
106.1
106.7
107.4
107.2
107.6
107.1
107.8
107.2
108.1
107.4
108.4
107.5
108.5
107.6
108.4
107.5
108.4
107.5
108.6
107.7
108.6
107.7
108.7
107.9
108.8
108.2
108.8
108.1
108.9
do
do
do
do
do
103.2
103.6
101.8
102.1
115.2
104.1
104.9
102.1
101.5
116.6
104.6
105. 5
102.1
100.2
119.0
104.4
105.3
102.2
99.8
120.1
104.5
105.2
102.7
103.1
120.0
304.7
105. 4
103.1
103.2
121.0
104.9
105.6
103.0
102.1
120.3
104.9
105.7
102.9
102.3
119.6
104.8
105.6
102.9
102.2
119.0
104.8
105.6
102.9
101.8
119.6
104.9
105.6
102.9
101.6
120.9
104.8
105. 5
102.8
101.2
121.6
105.0
105.8
102.9
100.8
122.7
105.3
106.3
102.9
100.6
122. 7
105.2
106.1
102.8
99.9
122.2
do
do
102.8
110.9
103.5
113.0
103.6
113.3
103.7
113.5
104.2
113.7
104.5
113.9
104.5
114.1
104.3
114.2
104.1
114.3
104.3
114.5
104.3
114.8
104.3
114.9
104.3
115.1
104.3
115.3
104.2
115.4
do
do
do
do
103.6
101.7
104. 1
105.0
105. 1
100.2
103.8
111.0
106.0
101.4
104.2
114.2
105.4
101.5
104.3
108.1
104.9
100.4
104.6
106.3
105.1
99.7
104.8
108.2
105.4
99.2
105.0
109.8
105.8
98.3
105.0
112.4
106.0
98.3
104.8
113.9
105. 7
97.2
104.5
115.1
105. 7
97.0
104.1
115. 7
105.5
96.6
103.9
115.7
106.2
96.8
104.0
120.2
107.2
98.9
104.3
122.3
106.9
99.2
104.4
117.3
Housing
Shelter 9*
_
Rent-,_
.
Homeownership*
Fuel and utilities* .
Household furnishings and operation*
do
do
do
do
do
do
104.8
105.6
105.7
105.6
106. 1
101.5
106.0
106.9
106.8
107.0
107.0
102.4
106.0
107. 0
106.8
107.1
106.4
102.5
106.2
107.1
107.0
107.2
107.0
102.7
106.3
107.3
107.1
107.4
107.3
102.6
106.6
107.7
107.2
108.0
107.5
102.7
106.9
108.0
107. 3
108.4
107.6
102.9
106.9
108.1
107.3
108.5
107.7
102.7
106.9
108.3
107.5
108.8
106.8
102.7
107.1
108.4
107.5
108.9
107.3
102.8
107.0
108.2
107.7
108.6
107.4
102.9
106.9
108.2
107.7
108.4
107.2
102.9
107.1
108.4
107.8
108.7
107.1
102.9
107.1
108.6
107.8
108.9
107.0
102.8
107.2
108.8
107.9
109.2
107. 1
102.6
Apparel and upkeep*
Transportation _. _
Private
Public
do
do
do
do
103.6
107.2
105; 9
115. 4
104.8
107.8
106.4
116.9
104.7
108.3
106.9
117.1
105.4
107.9
106.5
117.1
105.9
109.0
107.7
117.6
106.1
109.1
107.8
117.6
106.1
108.9
107.5
118.3
105.0
109.4
108.0
118.3
105.1
108.6
107.2
118.4
105.3
108.9
107.4
118.3
105.6
109.0
107.6
118.4
105.7
109.1
107.7
118.6
105.7
109. 2
107.8
118.9
105.5
109.4
107.9
119.0
105. 3
109.3
107. 9
119. 1
do
do
do
do
109.4
114.2
106. 5
109.6
111.9
111.4
112.1
112.3
117. 0
117.4
117.7
117.5
107.9
108. 0
108.4
108.2
_
112.1
111.5
112.7
112.3
Rp.VlSpd
"RflQnrl rm n n a rlincf r>rl rlo+n
9 A»
i1 Based
on unadjusted data.
2 Annual data for 1961-63 for parity ratio
•>- QO o forgovernment payments made directly to farmers are as follows (unit as above)VW '
•U.escnptive material and annual data back to 1933 appear in the Dept. of Agriculture publication, -Agricultural Prices," January 1964. « "All items" Index on old
basis (discontinued with June index).
4 New series. Beginning Jan. 1964 the index reflects
112.4
117.9
108.4
112.8
112.7
117.9
108. 8
113.1
112.7
118.2
108.5
113.1
112. 9
118.5
108.4
113.3
113.1
118.7
108.7
113.6
113.4
119.0
108.7
114.0
113.5
119.1
108.9
114. 1
113.5
119.3
109.1
114.0
..
do
CONSUMER PRICES
(U.S. Department of Labor Indexes')
All items
Special group indexes:
All items less shelter
Commoditlesi
Nondurables
Durables^ 9
New cars
Used cars
1957 59 — 100
_ _
Commodities less foodf
Services!
FoodQ
Meats, poultry, and
Dairy products
Fruits and vegetables
_
fish
Health and recreation 9 *
Medical care _.. _ _
Personal care
Reading and recreation ... -
.
r
„_. i .... . ,, ~- "' . — ; ^'/ —v^v/^jv, ^ i/iic ouiii^ic ui jjn^eu ciuies uu ou meiruuomaii areas
and cities in the U.S. incl. Alaska and Hawaii. The new series has been linked to the old
3
113.7
113.8
119.5
119.8
109.3
109.4
114.1
114.2
series as of Dec. 1963 to provide continuous series (see exceptions in notes "1" and "*") More
complete information and data are available from the Bureau of Labor Statistics, U.S. Dept.
. _
. e.
URVEY.
§Ratio of prices received to prices paid (incl. interest, taxes, and wage rate s)
IData
beginning 1962 as shown here are not comparable with "old series" data
former published
ta formerly
9 Incl. data not shown separately.
*New indexes
SUKVEY OF CUERENT BUSINESS
S-8
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
October 1964
1963
AU-.
1964
Oct.
Sept.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
94
87
98
100
96
88
109
100
3
2
4
3
95 3
87 9
100 9
100 1
95
87
101
100
2
0
4
0
95 8
86 8
102 5
100 4
97
87
105
100
9
7
7
3
100 0
89 3
108 2
100 7
COMMODITY PRICES—Continued
WHOLESALE PRICESd"
(U.S. Department of Labor Indexes')
Spot market prices, basic commodities:
22 Commodities
1957-59 = 100-9 Foodstuffs
do
13 Raw industrials
do
All commodities
-do
By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc _ _.do
Finished goodsO
do
By durability of product:
Durable goods
do
Nondurable goods
do
Total manufactures
Durable manufactures
Nondurable manufactures
-- - do.
do
do
1
93.0
89.8
95.4
100.6
193.5
92.9
93.9
100.3
92
90
94
100
6
3
2
4
93.0
91 4
94 1
100 3
95
95
96
100
97.1
100.2
101.7
95.0
100.5
101.4
95.7
100 5
101 4
94.8
100 5
101 5
101.0
100.1
101.0
99.6
101.2
99 6
100.8
101.3
100.1
100.6
101.3
99.8
100.8
101 5
100.0
8
1
3
5
95
93
97
100
7
4
3
7
95 0
91 1
97 7
100 3
95
91
98
101
94.8
100 9
101 6
95. 1
101 0
101 8
92.6
101 1
101 4
95.1
1019 3
10 1
94.0
101 9
101 6
94.3
100 9
101 5
94.2
100 9
101 3
93.5
100 6
101 3
92.4
100 3
101 7
93.8
100 5
102 1
'94. 1
100 4
101 9
95.7
1009 6
10 1
101 1
99 5
101.4
99 8
101 5
100 0
101 6
99 2
101 7
100 3
101 8
99 5
109 0
99 2
102 2
98 9
102 4
98 4
102 3
98 4
102 4
98 9
109 5
98 7
102 4
99 4
100 7
101 4
99 9
100 9
101 7
100 2
100 9
101 8
100 1
100 9
101 9
99 9
101 3
101 9
100 5
1009 9
10 2
99 6
100 9
102 4
99 4
100 8
102 6
99 0
100 8
102 4
99 1
101 1
102 5
99 7
101 0
109 5
99 5
101 2
102 5
99 8
95 9
104 9
99 1
83 8
94 4
105 9
103 3
82 4
93 7
107 4
103.2
81 2
93 2
113 1
899 8
8 3
94
108
85
87
93
r 97
85
88
6
9
7
4
95 6
101 1
90 2
90 9
101 0
1Q9 2
r 108 3
107 3
' 102. 3
93 3
108 1
108 7
102. 4
96 0
101.1
5
5
5
0
94
88
98
100
4
9
5
5
3
9
9
4
5
0
9
6
95 1
gq I
101. 8
88 0
96 9
96 1
100 3
87 9
93 3
94 8
101 8
79 9
90
95
103
84
3
9
9
7
101 1
10° 1
100 0
94 5
97 9
1029 0
8 8
100.9
106 0
107 9
104.8
95 2
10U °
107 0
108 0
105.3
94 2
10° 9
107 7
107 4
105.8
93 9
109 5
107 3
107 9
106. 4
91 7
100 4
lOfi 9
108 1
106. 8
87 7
1()9 5
1 07 0
108 0
107. 2
91 8
100 9
107 4
107 5
107. 4
88 9
100 5
106 8
107 3
107.5
88 7
100 4
107 8
107 1
107.3
88 3
99 4
107 5
106 6
106.3
86 9
100 2
107 9
107 1
106.1
90 2
101 2
108 6
107 0
105.3
93 3
100.7
100.8
100.7
100.9
100.9
101.2
101.3
101.2
101.1
101.1
101.1
100.9
101.1
101.1
96.3
94.8
95.1
80.3
99.9
103.8
96 0
94 6
95 0
81 7
96 9
103.9
96
94
94
81
97
103
0
*
Q
3
2
9
96 9
94 2
94 9
88 5
97 1
103 9
96 93
94
95 0
90 2
98 4
104 9
%
94
95
85
98
105
96
94
95
88
100
104
7
5
5
6
2
8
96 5
94 3
94 6
93 2
100 9
103 9
96 6
94 3
94 8
95 9
101 1
104 1
96 5
93 9
94 7
100.2
96.8
102.8
119.2
98.2
99.8
96.9
102.0
122.8
97.2
98.9
96.2
101 9
120.9
96.1
99.0
97 2
101 8
121 7
95.9
98.8
97 7
101 4
1" 0
95.6
97.9
98 3
101 3
122 3
93.8
98.8
94.0
103.8
86.1
94.2
98.1
91.8
104.6
82.8
92.3
98.1
91 7
104 6
81 5
91 9
98.1
91 4
104 8
81 9
91 9
98.1
91 2
104 8
81 9
91 8
107.4
108.6
106.2
108.5
96.5
96.5
104.2
108 3
84 0
101 9
98.6
98.9
103.6
108 4
80 5
100 1
102.6
102 7
103.1
108 4
102.3
109.5
107.8
98.4
100.8
100.0
93.2
99.3
99.2
102.2
111.1
109.6
97.4
100.0
100.1
92.9
99.1
99.1
102.1
110.9
110.0
97.2
99.5
100.1
93.1
99.0
99.4
99.9
100 7
102.2
110.9
110.1
97.2
99.3
100.3
93.1
Nonmetallic mineral products 9
do
Clay products structural
do
Concrete products
do
Gypsum products
do
Pulp paper and allied products
do. -_
Paper
do
Rubber and products
. do
Tires and tubes
do
textile products and apparel 9
do
Apparel
- do
Cotton products
do
Manmade fiber textile products
do...
Silk products
- do
\Vool products
do
101.8
103.5
102.6
105.0
100.0
102.6
93.3
87.1
101.3
103.6
101.7
105.4
99.2
102.4
93.8
90.1
101.0
103.6
101.2
105.8
99.1
102.2
93.7
91.2
100.6
101.5
101.7
93.9
125.9
99.1
100.5
101.9
100.3
93.9
139.9
100.9
Tobacco prod, and bottled beverages 9 ...do
Beverages alcoholic
do
Cigarettes
- do. .
Miscellaneous
_ do. _
Toys, sporting goods
do...
104.1
101.0
101.4
107.3
100.8
99.4
94.9
Farm products 9
Fruits and vegetables fresh and dried
Grains
Livestock and live poultry
do
do
do. __
do
97.7
97.7
98.8
96.2
95.7
96.1
101.9
88.8
96.3
92 5
98.5
93 5
Foods processed 9
Cereal and bakery products
Dairy products and ice cream
Fruits and vegetables, canned, frozen
Meats poultry and
fish
_
do
do
do
do
do_ ._
101.2
107.6
106.9
98.0
99.1
101.1
107.3
107.5
103.9
93.3
100.8
97.5
96.3
96.0
76.3
101.9
103.8
Fuel and related prod., and power 9
do
Coal
do
Electric power
Jan. 1958=100..
Gas fuels
do
Petroleum products, refined
1957-59=100..
Furniture, other household durables 9 ---do
Appliances, household
do
Furniture household
do
Radio receivers and phonographs _ _ do
Television receivers
do
Hides, skins, and leather products 9
Footwear
Hides and skins
Leather
Lumber and wood products
Lumber
.
Commod. other than farm prod, and foods-do
Chemicals and allied products 9
Chemicals industrial
Drugs and Pharmaceuticals
_
Fats and oils inedible
Fertilizer materials
Prepared paint
-
Machinery and motive prod 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Motor vehicles
Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals
do
do
do
do
- - do
do
do
do
do
do. _do
do
do. ..
do
do
do
do
do
__ _ _ do
do
do
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
1957-59 — 100
Consumer prices
do
95
88
102
88
3
3
4
1
4
1
94 9
95 3
%
100 2
104 6
1 O4 8
96
94
95
87
100
104
99.3
98 3
101
3
194 8
96.1
99.5
98 3
101
3
194 8
96. 0
99.0
98 1
101 3
126 8
95.3
97.0
97 1
99 4
123 9
92.9
96.1
95 0
101 3
120 4
91.1
96.4
95 1
101 3
116 6
92.2
96.3
95.3
100 9
116.0
92.3
96.7
96. 1
100.6
120.2
92.5
98.1
91 9
104 8
81 8
91 8
98.0
98.4
91 5
105 0
81 5
90 9
98.5
91 8
105 0
81 5
90 9
98.5
91 7
1 AC A
98.6
91 6
105 2
81 5
91 2
98.6
91 6
105 3
81 5
91 2
98.5
91 2
105 3
81 95
91
98.6
91 2
105 4
81 8
90 8
103.4
1 08 4
103.5
103.0
99.2
99 3
102.5
111.4
110.9
97.5
99.9
101.0
92.8
99.9
100.2
102. 5
108 9
74 0
99 7
99.9
100 3
102.5
108 9
75 7
99 6
101.0
101 4
104.5
108 3
88 1
102 0
101.8
102.0
104.7
108 3
85 7
104 5
101.8
102.2
104.8
108. 3
90 3
103 3
101.4
101.8
105.4
108.3
92.6
104.7
101.2
101.5
102. 5
112.1
111.8
96.9
99.8
101.7
92.0
100. 2
101.4
102 5
112.5
111.8
96.9
99 8
101.8
91.8
100.2
101.7
109 7
112.6
112.0
97.0
99 9
102.0
92.1
100.2
102.8
102.2
92.1
100.2
104.0
103.3
112.7
112.3
97.7
101.2
102.1
92.0
100.3
103.9
103.0
112.7
112.3
96.5
101.1
102.3
92.4
100.4
104.0
101.1
103. 4
101.3
106.1
99. 1
102.2
93.4
91.7
101.3
103.4
101.3
106. 1
99.5
102.8
94.2
91.7
101.2
103.5
101.4
106. 1
99.4
102. 9
94.2
91. 7
102 6
111! 9
111.2
97.7
99 9
101.3
92.7
100.0
101.0
101.3
103.5
101. 4
106. 1
99. 4
102. 9
93.8
91. 4
102.9
112.7
112.2
97.7
99.9
99.6
99 5
99.2
99 3
102.3
111.2
110.4
97.4
99.9
100.9
93.1
99.9
99.9
102.7
108 3
7(> 1
99 5
99.0
99.2
101. 1
103. 5
101. 2
106. 1
99.8
103. 1
93.7
91.3
101.2
103.8
101.0
108.6
99.9
103. 1
93.6
91.3
101.1
103.9
100.7
108. 6
99.3
103. 5
93.9
91.3
101.3
104.5
100.6
108.6
99.1
103.6
93.1
89.2
101.3
104.5
100.6
108.6
98.7
103.7
92.6
88.0
101.4
104.5
100.8
108. 6
98.7
103.7
91.6
88.0
101.5
104.4
100.9
108.6
98.7
103.7
91.8
88.0
'101.7
104.5
100.8
108. 6
98.7
103.7
91.8
88.0
101.7
104.6
100.9
108. 6
98.7
103.7
91.9
88.0
100.4
102.2
99.7
93.9
136.6
100.6
100.5
102.3
99.9
94.0
130.1
100.6
100.7
102.5
100.2
94.2
126.1
100.6
101.1
102.3
101.3
94. 4
130.5
101.6
101.2
102.3
101.5
94.6
126.3
102.8
101.2
102.3
101.3
94.7
121. 6
103. 2
101.2
102.3
101.2
95.1
116.8
103.3
101.2
102.3
101.1
95.5
116.6
103.3
101.1
102.3
100.5
95.5
116.4
103.2
101.2
102.7
99.6
96.0
116.4
102.8
101.0
102.8
98.7
96.2
117.0
102.8
101.1
103.3
98.3
96.2
117.0
102.6
101.2
103. 3
98.6
'95.8
117.0
103.0
101.2
103.3
98.9
95.6
117.0
102. 9
106.1
101 .0
104.1
110.4
101.0
107.5
101.0
105.6
111. 1
101.2
107.5
101. G
105. 6
111.8
101.1
107.5
100. 9
105.6
111.2
101. 1
107.5
100.9
105.6
110.9
101.0
107.5
101.0
105. 6
112.2
101. 1
107. 6
101.0
105. 6
112. 6
100.9
107.1
101.0
105. 6
110.9
100.9
107.1
100.7
105. 6
109.8
101. 1
107.1
100.7
105.6
109.5
100.8
107.3
100. 5
105. 6
107.2
100.8
107.4
100.3
105.6
106.7
100.9
107.3
100.3
105.6
107. 5
101. 0
107. 5
100. 8
105.6
107. 3
101. 0
107.5
100.8
105. 6
109. 2
101. 2
99.7
93.7
99.6
93.4
99.7
93.4
99.5
93.3
99.3
93.1
99.7
92.9
99.0
92.9
99.5
92.9
99.6
92.9
99.7
92.8
99.9
92.8
100.0
92.6
99.6
92.3
77 *}
QQ ^
on
••Revised.
1 Figures are for the month of June.
2 Indexes based on 1947-49=100
are as follows: Measured by—wholesale prices, 83.6 (Sept.); consumer prices, 75.3 (Aug.).
9
1 OS 9
3
0
0
4
1
Q1 1
81 7
c
QQ 7
99.1
9P>
94
95
83
99
105
oo 9
9
81 5
6
4
4
3
2
8
1
9
7
7
T
r 101 3
100 9
104 8
'96.4
96
93
94
106
99
104
6
9
6
9
1
8
91.4
95.5
97.2
101.5
121.4
89.5
98.6
91.3
105 6
81.8
90 8
98.6
91.3
105 6
81.8
90 8
105.6
108.3
96.0
104.5
100. 9
' 101. 1
105. 5
108. 4
95. 5
104.0
100. 6
100.7
^96.6
'101.4
r 121. 2
r
103.1 r 102. 9
113.1
112. 9
112. 3
112. 3
96.6
96.5
'
' 100. 9 100. 7
102.5 ' 103. 0
92.1 '91.7
101.2
100.7
104.4 ' 105. 8
r
102.9
112.9
112. 4
96.6
100. 5
103.0
91.7
100.5
107. 0
299.3
99.7
2 92. 4 -
cfFor actual wholesale prices of individual commodities, see respective commodities.
O Goods to users, including raw foods and fuels.
9 Includes data not shown separately.
SUEVEY OF CURRENT BUSINESS
October
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
S-9
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
»• 6, 208
Sept.
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE f
4,954
5,204
5,999
5,932
4,579
4 177
4, 643
5, 098
5,483
6 185
* 6, 162
Private total 9
do
Residential (nonfarro) 9
do
New housing units
do
Additions and alterations
_
_ do
Nonresldential buildings, except farm and
public utilities total 9
mil $
Industrial
do
Commercial 9
do
Stores restaurants and garages
do
Farm construction
do
Public utilities
do
3,475
2,024
1,553
0)
3,648
2,154
1,672
0)
4,088
2 446
1 943
0)
4,081
2 419
1 932
(i)
3,258
1 813
1 451
(i)
3,021
1 6?6
1 316
(i)
3, 325
1 908
1,477
(i)
3,638
2 188
1 610
(i)
3,895
2 345
1,703
(i)
4 222
2 573
1 879
(i)
r
4,
r9
r
960
246
413
199
107
360
988
247
433
189
106
374
1 06fi
243
483
228
120
423
1 101
254
500
240
115
415
1,015
268
434
168
98
312
993
264
495
163
95
286
981
257
424
167
9fi
317
963
251
411
155
95
366
1,017
254
442
175
99
404
1 086
258
480
207
106
421
1 130
269
497
220
115
'421
1,154
284
497
220
118
r
438
1 171
295
500
228
111
445
Public total
Nonresldential buildings
Military facilities
Highways
Other types
1,480
1,557
0)
1,851
508
(i)
727
501
1.321
435
1,460
525
351
413
0)
384
454
1,588
517
(i)
481
477
1,963
597
(i)
710
534
'1,905
T
525
(i)
740
r
526
* 1r , 970
544
(i)
770
535
1 , 952
549
(i)
397
392
1.156
429
(i)
•?66
376
1.318
464
556
430
1,911
493
148
765
505
65 977
65, 904
New construction (unadjusted), totalf
. mil. $
do
do
do
- do
do
-
429
102
532
418
New construction (seasonally adjusted at annual
rates) total t
mil $
Private total 9
'-
2
0)
r
r
62, 451
63, 653
63 530
64, 966
65, 072
65, 193
64. 684
65, 528
66, 509
66,615
64, 983
66, 576
41,695
44, 305
44, 633
45, 365
45, 488
45, 778
45, 440
46, 274
46, 923
46, 449
45, 780
46, 006 '46,261 ••46,022
24, 292
25, 843
25, 752
25 953
26, 584
27, 000
26, 896
26, 907
27, 600
28, 123
27, 538
26, 678
26, 612
11,526
2,949
4,955
2,385
1,282
4,318
11,859 12, 219
2,962
3,005
5,200 ^ 5, 449
2,268
2,471
1,266
1,266
4,494
4,704
12 533
3,049
5 671
2 611
1,265
4 540
12, 431
3,085
5,518
2,477
1,264
4,772
12, 480
3,136
5,469
2,335
1,261
4,473
12, 592
3,158
5,515
2, 333
1, 261
4,753
12,476
3.060
5,499
2,330
1,258
4,547
12,581
3,058
5. 546
2,300
1,254
4, 547
12, 728
3,074
5,668
2,351
1,253
4,518
12,661
3, 076
5,561
2,293
1,252
4,660
12, 756
3,149
5,542
2,252
1,250
4,746
12, 900
3,204
5,562
2,268
1,247
4,832
do
17, 758
18, 679
19, 348
18 897
19,601
19, 584
19, 415
19, 244
19, 254
19, 586
20, 166
19, 203
20, 570
do
.do
do.
5,145
1,222
6,378
5,524
0)
6,670
5,444
1,583
6,973
5 638
(i)
6,600
5,815
0)
7,145
5,803
(0
7,254
6,075
0)
6,171
0)
7,068
C1)
6,040
0)
6,410
6,528
0)
6,888
r 5 g9g
(1)
6,169
5,993
0)
6,796
6,259
6,713
5,761
(l)
6,685
3,824
133
1,229
2,594
4,061
132
1,318
2,744
3 707
128
1, 154
2 552
4,313
146
1,321
2,992
3,749
144
1,157
2,592
3.413
148
1,155
2,257
3 346
147
1,198
2 149
3,201
143
1,041
2,160
4,215
140
1,339
2,876
4,359
138
1,318
3,042
4 639
138
1,535
3, 104
1,212
1,716
683
212
1,322
1,883
675
182
] 154
1 789
662
102
1 331
2,028
748
206
1,082
1,519
704
444
1.102
1 158
1,325
1,372
629
356 1 816
1,082
1,427
692
1,252
1,991
972
1,420
2, 006
933
2, 770
2,976
2,666
3,600
4,484
2,656
6, 577
3,986
2,664
10, 053
482
6,411
3,160
9,399
184
5,613
3,603
8 142
254
4 968
2 920
13 033
189
8 139
4 706
8,164
199
5,115
2,850
10, 389
176
8, 177
2,037
10 891
256
*8
464
4
2 095
* 76
6,820
225
5 159
1 197
240
9 057
836
6 956
1,046
219
148.4
94 0
146 4
167.5
104 3
164 5
122.3
72.4
120.5
97.4
50 9
95.7
100.8
55 3
99 6
101.1
63 7
100 3
133.3
82 2
130 1
152.3
90 7
148 5
119.7
84 6
117 9
95. 1
76 8
93 4
99 5
s 75 0
98 3
98 5
73 8
97 7
131 5
96 6
128 3
-do
Public total 9
.
2
0)
43, 772
59, 453
Residential (nonfarm)
do
Nonresldential buildings, except farm and
publlo utilities, total 9
mil. $
Industrial
_
do.
Commercial 9
do
Stores restaurants, and garages
do
Farm construction
do
Public utilities
do
Nonresldentlal buildings
Mllltarv facilities
Highways
_ .. -
460
257 ' 4, 238
552 ' 2 493
1 976 r 1 967
(i)
(i)
66 641
r
6,137
4,185
2 425
1 916
(i)
0)
(1)
45, 924
26, 708 * 26, 268
26, 051
13,271
3, 505
5 609
2 381
1,237
r
4 860
13,383
3, 545
5 685
2,486
1 , 232
4 890
!9 955
19 980
7 549
5 984
(i)
7 021
6 103
(i)
(i)
4 504
138
1,491
3,013
4 601
140
1 619
2 983
3 760
121
1 101
9 658
1 362
2,050
1,227
1 400
1,996
1, 108
1 548
2 000
1,054
1 275
1 679
807
3,165
3,190
3,143
4,823
3,506
2, 860
12 997
611
9 861
2,402
124
10 831
240
7 714
2 716
161
9 463
270
6 474
2 481
238
13 354
1 395
8 981
2 747
231
7 246
388
4 840
1 660
357
11 969
959
9 1^7
160. 5
101 4
157 5
164.0
r 102 1
158 5
r
145. 1
91 5
r 142 7
143. 7
127. 9
r 141 1
195 ()
161 3
T 149 g
101 5
r 141 0
125 6
r J4Q 4
r J3g 4
1" 7
r 1, 505
i ^oo
r
1,424
1,484
1 458
T 1
r
T 663
i 901
T 7Q1
1 231
' 693
13 063
3,334
5 574
2 302
1 242
T
4 828
r
20 380
r
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Corp.): A
Valuation total
mil $
3,442
Index (mo. data seas, adj.)
1957-59 = 100.. 3 120
Public ownership.. ...
mil. $
1,133
Private ownership
do
2,309
By type of building:
1,084
Nonresidential
do
1,503
Residential
do
Public works
do
659
Utilities
do
196
Heavy construction:
New advance planning (ENR)§
do
1,766
Concrete pavement awards:d"
9,483
Total
thous. sq yds
Airports
.. do
477
6,217
Roads
do
2,789
Streets and alleys _ . .
...
do
Miscellaneous
do
9 941
289
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total, incl. farm (public and private) .--thous..
One-family structures
do
Privately owned
. do
Total nonfarm (public and private)
In metropolitan areas
Privately owned
_
do
do
do
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only)
do
do
New private housing units authorized by bldg. permits (12,000 permit-issuing places):*
Seasonally adjusted at annual rates:
Total
.
thous
One-family structures
._ _ _ _.
do
2
124.4
83.0
121.9
136.7
85.1
134.1
149.9
97 9
146 3
122.4
87.7
119 9
134.4
95.8
131 8
147 5
101 1
143 9
145 2
104 1
143 2
164 2
117 3
161 2
1,475
1 454
1,747
1 712
1,864
1 824
1,577
1 544
1,570
1 594
1,718
1 688
1,657
1 613
1 986
738
1 371
764
1 401
751
1 359
738
1 402
715
1 333
742
1 404
810
1,229
2
756
2 1 335
2
750
r
149 5
102 5
145 7
158 2
115 1
155 2
1,663
1 638
1,531
1 501
1,529
1 507
1,611
1 585
1 377
767
1 980
700
1 271
714
1 306
' 790
112
112
113
800
872
884
794
786
806
872
893
799
786
808
887
895
800
786
T Hg
0
155 8
94 8
T
949
CONSTRUCTION COST INDEXES
Dept. of Commerce composite}
..1957-59=100
110
107
109
110
110
American Appraisal Co., The:
Average, 30 cities
_
1913=100
756
780
790
788
786
Atlanta
_ _ do
832
857
862
863
862
New York ...
do
836
858
872
867
869
San Francisco
do
720
761
778
7749
775
St. Louis
do
769
760
741
76
765
Associated General Contractors (building only)
111
1957-59=100..
114
115
116
115
r
2
Revised.
i Not yet available; estimate included in total.
Annual total (also for
breakdown of new construction value).
3 Computed from cumulative valuation total.
4
Prior to 1964, "miscellaneous" yardage was included with data for roads and streets.
• Effective Jan. 1964, based on 1963 definitions of metropolitan areas; not strictly comparable
with earlier data.
t Revised series. Revised annual totals back to 1946 appear in Construction Report C30-60;
revised monthly data back to 1946 will be shown in a Supplement to be issued later by the
Bu. of the Census.
9 Includes
data not shown separately.
AMonthly averages for 1962 are based on annual
totals including revisions not distributed by months.
110
111
111
111
111
111
112
791
863
872
778
774
792
863
874
778
776
792
863
884
778
779
793
870
884
780
779
793
870
884
780
779
794
870
884
780
798
872
884
780
786
116
113
116
117
117
117
117
118
119
120
119
120
§ Data for Aug. and Oct. 1963 and Jan., Apr., and July 1964 are for 5 weeks; other months, 4
weeks. Comparable data prior to 1961 not available.
d"Data for Oct. and Dec. 1963 and Mar. and June 1964 are for 5 weeks; other months, 4
weeks.
* New series (from Bu. of Census reports, Series C-20). The 12,000 permit-issuing places
covered by these data account for a major portion (about 83 percent) of private residential
building in the United States (1959-63 data for 10,000 places are also provided in Series C-20
reports).
t Re vised to 1957-59 reference base; also reflects revision of basic data.
SUEVEY OF CUERENT BUSINESS
S-10
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
October 1964
1964
1963
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. IT. Boeckh and Associates, Inc. :1
Average, 20 cities:
All type s combined
1957-59 = 100. .
Apartments hotels office buildings
do
Commercial and f a ctory buildings
do
Residences
-- do
107.8
108.8
107.8
106.3
110.2
111.3
110.2
108.5
110.8
112.0
110.8
109.1
111.2
112.3
111.2
109.6
111.3
112.4
111.2
109.7
111.4
112.5
111.4
109.8
111.5
112.6
111.5
109.9
111.9
113.0
111.9
110.2
111.9
113.1
111.9
110.3
111.9
113.1
111.9
110.3
112.3
113.4
112.3
110.7
112.9
114.1
112.9
111.1
113.6
114.9
113.6
111.8
114.1
115.3
114.1
112.2
114.2
115.4
114.2
112.3
Engineering News-Record:
"Building
.._ _. 1957-59 = 100. . 110.1
114.7
Construction
- - do
Bu. of Public Roads— Highway construction:
112.7
118.6
114.2
120.3
114.2
120.3
114.6
120.6
114.3
120.3
114.4
120.4
114.6
120.8
114.6
121.1
115.0
121.4
115.3
121.9
115. 6
122.3
116.2
123.1
116.6
124.3
116.9
124.7
U17.1
1124. 7
C*r\mnriG\i-c> (&\rcr fr»r ntr '\
1Q*V7 *)Q — 100
298.6
2 101. 0
134.5
142.9
161.7
147.0
152.4
146.2
163.8
144.7
135.8
142.4
122.2
142.3
131. 6
134.6
167.6
140.7
140.5
176. 1
165.8
149.2
224.0
147.2
147.4
207.5
154.9
160.7
219.1
126.0
137.6
181.7
18.4
15.8
14.3
11.6
16.4
172
13.3
133
14.8
173
11.3
140
15.0
176
11.2
140
507. 76
278, 14
505.00
267. 35
3,758
101.7
103.4
102 2
99.3
CONSTRUCTION MATERIALS
Output index:
Composite unadjusted 9
1947-49—100
Tron and ?teel products, unadjusted
Lumber and wood products, unadj
do
do
127.2
136. 4
129.8
147.9
113.3
130.2
143. 5
118.4
142.6
113.2
11.4
190
8.3
145
10.3
183
9.1
159
567. 53
316.01
444. 50
258. 21
4,024
4,226
149.8
156. 1
158.8
155.9
158.5
147.6
••165. 1
'154. 1
160.6
166.4
122.7
141.9
118.0
151.1
158.0
147.7
168.7
158.0
176.4
164.4
154.5
205.9
174.8
155. 6
216.5
172 5
148.5
222.6
11.5
178
9.1
138
14.4
193
9.4
135
19.0
190
11.3
124
18.7
190
11.1
111
15.8
173
9.5
99
17.9
177
10.8
103
15.2
162
10.7
109
15.8
176
8.3
88
15.4
174
10.4
121
486. 68
255. 35
543. 00
267. 77
439.85
201 .31
483. 39
208. 70
483. 67
206. 20
456. 89
192. 02
570. 30
232. 60
616. 55
251. 51
604. 77
245. 03
605. 39
4,290
4,784
4,414
4,216
4,168
4,444
4,395
4,769
4,763
4,781
r
r
REAL ESTATE
Mortgage applications for new home construction:
Applications for ETTA commitments
thous. units..
Requests for VA appraisals
Seasonally adjusted annual rate
- - do
do
Home mortgages insured or guaranteed by—
09
Eed. Hous. Adm.: Eaceamount
mll.$__ 439. 24 464.
221. 01 253. 76
Vet Adm * Eace amount^
do
Federal Home Loan Banks, outstanding advances 3 3, 479 3 4, 784
to member institutions
mil $
New mortgage loans of all savings and loan associations estimated total
mil $
By purpose of loan :
Home purchase
All other purposes
2,061
2,428
2,196
2,387
1,856
2,118
1,716
1,712
2,071
2,081
2,145
2,394
r
2, 362
2,201
498
710
521
586
827
648
623
1,071
734
642
928
626
685
977
725
502
757
597
620
776
722
434
696
586
474
674
564
621
784
666
579
831
671
597
881
667
624
1,054
716
'634
' 1, 037
'691
573
1,029
599
2,849
7,204
3,077
8,183
3,525
8,463
3,177
7,898
3,534
8,461
2,880
7,959
2.987
7,931
2,758
8,530
2,575
8,097
2,935
8,711
3,089
9,475
3,090
9,421
9,469
105. 42
117. 13
113.73
98.35
109.52
94.91
113.12
139. 33
118.85
126. 45
124. 93
105.98
108. 56
108. 08
99.47
fin ^
58 5
6 0
do
do
New nonfarm mortgages recorded ($20,000 and
under) estimated total
mil $
Nonfarm foreclosures
number
"RMrp InQGOG <'rm hirers:
1,730
rrmtpntc: ptn ^
mil $
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas. adj.:t
Combined index
1957-59 = 100..
Business papers.
do
Maeazines
_
do
Newspapers
Outdoor.. . . _._
Radio (network). .
Television (network)
do
do.
do.
do
Television advertising:
Network (major national networks):
Orosstime costs, total
Automotive, fncl. accessories
Drugs and toiletries _._
Foods, s oft drinks, confectionery
113
108
119
118
112
127
119
109
127
124
115
131
119
113
127
114
113
131
124
117
134
120
112
126
123
108
128
123
113
133
125
108
128
123
108
137
128
121
138
102
88
75
118
96
88
95
144
97
81
118
147
103
79
106
151
95
101
101
142
90
83
86
125
106
85
106
146
102
72
78
151
103
87
84
160
99
91
83
158
107
104
76
160
100
86
87
157
103
86
82
159
mil. $__ 2199.7 2 2208. 2
..do
213.1
14.6
do.
263.3 2 69.6
do
239.5 *39.9
200.8
13.3
67.9
39.1
220.8
16.3
72.3
43.0
224.1
15 2
74 5
45 3
222.2
14 6
69 1
43 7
2
Soaps, cleansers, etc
_._do
21.9
220.9
Smoking materials
__ ... do
22 2 2 . 2
223.9
2
All other
do
38.4
40. 8
Spot (natl. and regional , cooperating stations):
Gross time costs, total
.mil. $ 2180.3 2 217.
8
2
Automotive, incl. accessories
do .
8.1
25.9
2
Drugs and toiletries
....
do
236.1
42.
8
2
Foods, soft drinks, confectionery ... do
260.4
73.0
22.6
24.2
33.8
21.6
25.0
42.6
24 4
28 0
36 8
24 5
24 5
45 8
185.3
242.9
34.9
60.2
48.7
82.3
22.4
20.3
10.1
73.1
Soaps, cleansers, etc
Smoking materials
All other
_ _
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
All other
_.
do
r
2
221.1
2
27.4
49.4
73.0
4.6
7.9
2.3
7.1
2
7.6
22.9
9.7
61. 2
2
2
77.6
4.8
8.5
2.2
8.0
8.6
51.5
54 5
10.6
10.4
5.1
3.8
1.4
6.4
7.8
4.5
4.9
3.7
.8
2.8
4.7
5.5
3.7
1.0
3.0
2.9
2.8
3.0
7
2.7
23.8
25.8
17.9
Revised.
1 Index as of Oct. 1, 1964: Building, 117.0; construction, 124.7.
3
Annual average based on quarterly data.
End of year.
^Copyrighted
data; see last paragraph of headnote, p. S-l.
FRASER
Digitized for
8.4
82.1
99 6
103 2
14.8
12.7
12.4
10.8
13.6
11.0
4.2
5.8
4.5
1.0
3.0
5.5
8.4
5.1
1.4
3.3
28.4
6.9
7.7
5.5
1.4
3.9
2.7
1.8
.7
2.4
29.6
4.4
2.8
.4
3.8
33.2
24.8
19.7
9.1
6.1
3.0
8.0
8.9
7.0
2.2
9.9
5.7
1.8
77 2
3.9
5.9
1.5
9.9
88
54 0
2.0
7.0
.9
6.2
9.0
1 7
73 0
3.3
9.1
1.8
8.0
10.9
33
3. 6
3.1
.9
3.1
86 7
6 7
2 3
91
12.8
93 3
7 5
10.6
35
86
11.8
4 2
4 5
9.8
5.6
3.4
1.0
7.1
4.9
2.1
102 7
6 3
11.5
3 6
9 8
12.9
2
8
3
9
11
2
9
0
5
6
5 2
4
0
9.6
5.4
1.9
7.7
4.6
1.2
g
63
2 Q
7 7
10 2
4.3
15
7 4
8. 5
7
2 <j
4.3
3.2
.8
9
3.3
3.2
3
.7
3 2
3
3 7
30
33.2
26^3
is! 5
18.' 0
9 Includes data for items not shown separately.
§ Data include guaranteed direct loans sold; these became sizable after 1962.
JRevisions for Jan. and Feb. 1963 are available upon request.
26.0
2 8
28.9
2 7
30.0
SURVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1963
Monthly
average
S-ll
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities):
Total
mil. lines.
Classified
do
Display total
Automotive
Financial - .
General
Retail
. -
233.2
60.5
238.0
62.5
231.1
66.8
246.7
65.0
267.7
65.9
258.4
61.8
260.6
53.8
210.6
59.8
210.4
60.9
248.0
66.3
265. 1
68.6
275.9
74.8
247.0
68.4
226.5
66. 9
238.0
70.5
do
do
do__
do
do._
172.7
12.4
4.8
25.1
130.3
175.6
12.5
4.9
23.8
134.3
164.3
11.2
3.7
18.7
130.7
181.7
12.7
4.7
26.2
138.1
201.8
16.0
5.5
28.9
151.4
196.6
13.0
4.7
25.8
153.1
206.7
8.7
5.3
24.0
168.8
150.8
10.6
6.8
18.2
115.2
149.5
12.1
4.2
20.8
112.3
181.7
12.7
5.4
25.4
138.2
196. 5
15.7
5.6
28.8
146.4
201.1
17.1
4.8
29.2
150.0
178.6
16.2
5.2
25.9
131.3
159.6
12.8
5.8
19.6
121.4
167 5
11.8
3.9
17.5
134.4
RETAIL TRADE
All retail stores:
Estimated sales (unadj.), total
mil. $
19, 613
20, 536
21,018
19, 267
21,528
21, 494
25, 104
19, 154
18,758
20, 502
21,186
22, 508
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers. _ _
Tire battery, accessory dealers
do
do
do.
do
6,245
3, 566
3,344
222
6,675
3,830
3,600
230
6,556
3,529
3, 288
241
5,999
2,990
2,779
211
7,599
4,387
4,148
239
6,985
3,949
3,712
237
7,208
3,690
3,377
313
6,031
3,677
3,488
189
6,122
3, 684
3, 505
179
6,741
4,058
3,847
211
7,360
4,453
4,215
238
7,693
4, 551
4,289
262
7,719
4,387
4,110
277
Furniture and appliance group . _
Furniture, homefurnishings stores
Household appliance, TV, radio
do
do
do
901
583
318
968
622
346
992
651
341
980
647
333
1,095
719
376
1,077
703
374
1,333
790
543
905
584
321
920
600
320
973
638
335
1,004
663
341
1,043
685
358
1,112
735
377
947
728
219
964
743
221
1,138
911
997
1,055
842
213
1,119
897
222
1,002
771
231
918
610
308
712
536
176
709
542
167
798
616
182
938
721
217
1,047
801
246
1,129
879
250
13, 367
1,195
228
456
301
209
13, 861
1,205
232
466
300
207
14,462
1,167
209
446
300
212
13, 268
1,161
203
448
296
214
13,929
1,191
218
472
304
197
14, 509
1,308
254
509
343
202
17, 896
2,172
471
834
572
295
13, 123
1,026
208
407
234
177
12,636
927
176
375
220
156
13,761
1,283
206
502
309
266
13, 826
1,140
204
463
262
211
14,815
1,282
240
506
303
233
14,523
1,238
254
465
302
217
14,757 '14,784 i 14,254
"1,118 '1,214 1 1 , 273
223
••221
464
M27
310
275
r
217
195
do
do
do _
do
do.
669
1,442
4,801
4,344
1,554
681
1,506
4,929
4,463
1,614
680
1,698
5, 318
4,828
1,730
647
1,526
4,684
4,238
1,599
667
1, 556
4,910
4,449
1,649
666
1,486
5,153
4,689
1, 625
906
1,533
5,194
4,679
1,713
671
1,436
5,018
4,558
1,566
656
1,386
4,849
4,395
1,480
680
1,485
4,891
4,406
1,585
665
1,547
4,898
4,414
1,617
713
1,650
5, 248
4,739
1,708
705
1,711
5,114
4. 613
1,754
'707
'1,796
' 5, 495
' 4, 982
'1,820
General merchandise group 9
do
Department stores _
do
Mall order houses (dept. store mdse. ). do
Variety stores
_
do
Liquor stores
..
do_.
2,267
1.320
163
371
450
2,388
1,390
177
385
472
2,444
1,408
183
390
489
2,275
1,340
172
354
437
2,417
1.404
197
378
466
2,728
1,590
248
414
510
4,399
2,625
307
793
724
1,872
1,094
140
289
433
1,875
1,069
146
313
427
2,303
1,336
178
389
434
2,310
1,366
179
361
446
2,479
1,463
173
399
485
2.491
1,481
170
395
472
' 2, 380 ' 2, 606
'1,384 '1,517
195
158
423
'398
500
487
do
20, 666
20,426
20,716
20, 558
21,019
21, 000
21,533
21,223
21,392
21,777
21,773
21,946
22, 268
22, 027
do
do
do
do
6/562
3,733
3,512
221
6,606
3,717
3,495
222
6,941
3,980
3,748
232
6,734
3,791
3,556
235
6,831
3,935
3,685
250
6,855
3,951
3,711
240
7,262
4,162
3,925
237
6,939
3,894
3,646
248
7,010
7,002
3, 885
3,645
240
' 7, 060 '7,311
' 3, 989 4, 230
3,993
3,755
237
i 7, 449
3^788
238
7,218
4,126
3,880
246
939
611
328
985
648
337
1,028
666
362
986
640
346
1,021
637
384
1,019
671
348
1,073
707
366
1,088
711
377
1,095
701
394
1,080
699
381
1,108
735
373
'1,107
'709
'398
1,095
722
992
771
221
975
761
214
986
764
222
994
754
240
952
716
236
949
730
219
1,007
779
228
936
727
209
912
707
205
974
754
220
992
765
227
'954
'732
'222
935
712
223
do
do
do
do
do
do
14, 104
1,259
247
480
323
209
13, 820
1,204
238
465
303
198
13,775
1,150
217
451
286
196
13, 824
1,186
224
463
294
205
14, 188
1,250
239
482
307
222
14, 145
1,250
231
497
302
220
14,271
1,291
246
505
326
214
14, 284
1,228
233
477
292
226
14, 382
1,272
241
504
308
219
14,559
1,295
250
502
320
223
14,771
1,322
244
522
338
218
14,886
'1,316
'257
'509
333
'217
14,957
1,369
273
520
347
229
Drug and proprietary stores
Eating and drinking places
Food group _ _
Grocerv stores
Gasoline service stations
do.
do
do
do
do
685
1,519
4,996
4,527
1,612
688
1,470
4,897
4,441
1,605
683
1,530
4,943
4,484
1,618
677
1,506
4,973
4,512
1,638
694
1,528
4,991
4,523
1,681
694
1,580
5,031
4,548
1,638
666
1,593
4,991
4,513
1,641
702
1,584
5,112
4,605
1,629
689
1,599
5,064
4,574
1,674
713
1,589
5,034
4,540
1,670
721
1,623
5,202
4,704
1,683
' 726
' 1 , 642
719
' 4, 780
'1,701
5', 230
4,734
1,694
General merchandise group 9 .
Department stores
Mall order houses (dept. store mdse.)
Varlety stores
Liquor stores
_
do
do
do.
do
do
2,475
1,452
189
387
476
2,390
1,386
181
386
466
2,303
1,321
173
390
478
2,355
1,355
183
381
473
2,474
1,457
184
397
483
2,481
1,464
181
410
471
2,592
1,538
197
408
482
2,489
1,467
188
404
491
2,514
1,467
192
421
486
2,589
1,543
190
420
495
2,620
1,533
200
427
503
' 2, 686
'1,580
192
'443
495
2,749
1,634
205
441
492
Lumber, building, hardware group
do__
Lumber, bldg. materials dealersd"
do
Hardware stores _ _ ... .
. do.
Nondurable goods stores 9
do
Apparel group
do
Men's and boys' wear stores
do
Women's apparel, accessory stores. . do
Family and other apparel stores
do.
Shoe stores
... ... .
_. do
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores _
Gasoline service stations
Estlmated sales (seas adj ) totalt
Durable goods stores 9
Automotive group
Passenger car other auto dealers
Tire battery, accessory dealers
Furniture and appliance group __
Furniture, homefurnishings stores
Household appliance, TV, radio
do
do_.
do
Lumber, building, hardware group
do
Lumber, bldg. materials dealers cf. __do
Hardware stores
do
Nondurable goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
22,242 '22,156 '21,786 121,102
' 7, 399 ' 7, 002
••4,159 ' 3, 828
3,896
3,583
r
263
245
i 6, 848
i 3, 686
1,098
"•708
••390
'1,112
738
374
i 1,056
'1,109
••872
1,049
824
225
r 237
'705
'1,810
' 5, 280
' 4, 771
'1,806
Estimated inventories, end of year or month:f
Book value (unadjusted), total
mil. $_. 27, 071
11, 472
Durable goods stores9
do
Automotive group
_ _ d o I 4,778
Furniture and appliance group IlldoIIII 1,861
Lumber, building, hardware group,. .do.III 2,264
28,500
12,255
5,353
1,975
2,316
28,024
11,461
4,419
1,966
2,370
28,400
11,280
4,253
1,992
2,363
29,696
11,844
4,660
2,066
2,344
30,606
12,399
5,036
2,106
2,361
28,500
12,255
5,353
1,975
2,316
28,595
12,570
5,659
1,939
2,296
29,327
12,953
5,961
1,955
2,317
30,200
13,384
6,159
2,023
2,416
30,566
13,508
6,157
2,055
2,447
30,352
13,481
6,085
2,064
2,452
30,118
13,380
6,027
2,040
2,452
29, 851
13, 112
' 5, 849
' 2, 041
' 2, 398
29, 201
12, 137
4,879
2,021
2, 388
Nondurable goods stores 9 . . . .__
do. 15, 599
Apparel group
IllllldoIIII 3,405
Food group
do
3,395
General merchandise group
do
4,495
Department stores*
do
2,266
16,245
3,380
3,554
4,767
2,512
16,563
3,564
3,491
5,051
2,596
17,120
3,785
3,536
5, 359
2,792
17,852
3,925
3,667
5,743
3,051
18,207
3,955
3,707
5,879
3,143
16,245
3,380
3,554
4,767
2, 512
16,025
3,354
3,553
4,623
2,400
16,374
3,514
3,642
4,699
2,446
16,816
3,611
3,698
4,896
2,556
17,058
3,655
3,691
5,035
2,613
16,871
3,570
3, 673
4,978
2,608
16,738
3,499
3,664
4,931
2,555
16, 739
' 3, 482
3,619
' 5, 033
2,616
17, 064
3, 725
3, 631
5,102
2, 707
Book value (seas, adj.), total _._
do
27, 938 29,383 28,615 28,752 28,921
Durable goods stores 9
do
11, 728 12,509
11,976 12,032
12,116
Automotive group. _
do
4,861
5,435
4,965
5,075
5,149
Furniture and appliance group
do.II" 1,899 2,013 1,970
1,961
1,990
Lumber, building, hardware group -IdoIIII 2,349 2,402
2,375
2,372
2,387
••Revised.
i Advance estimate.
9 Includes data not shown separate] y.
Uomprises lumber yards, building materials dealers, and paint, p lumbing , and elecJtrical rf(
stc res.
JRevised (back to Jan. 1953) to reflect use of ne w season al factors and nevf adjustn 3ents
r ding day difference
in«o ^
sRevisions for perioc s not si lown her e appea r in the July
1963 Census report, "Monthly Retail Trade Repor t, Adjus ted Sales , Supple ment."
29,254
12,341
5,301
2,006
2,399
29,383
12,509
5, 435
2,013
2,402
29,608
12,666
5,494
2,011
2,379
29,586
12,708
5,499
2, 022
2,357
29,661
12,913
5,650
2,037
2,357
29,961
13,045
5,701
2,041
2,357
29,926
13,024
5,624
2,066
2,371
30,180
13,079
5,724
2,054
2,399
30, 1 29
12, 924
' 5,619
' 2, 070
' 2, 377
29, 942
12, 773
5, 576
2, C21
2,383
1
687
1,615
5, 093
4, 628
1,629
2, 544
1 , 506
114,578
fRe^ rised seri es. Rev ised to 1 ake accc>unt of benchma rk data from the 1962 arid 1963
Annua 1T Surveyrs of Ret ail Trad e; revisicms throiigh 1962 appear c n pp. 16-19 of tl ie Dec.
1963 S L RVEY aiid those back to Jan. 1963 on p. 25J of the ? ept. 1984 SURVEY
*Ne^y series; 'or earlie r periods back to Dec. 195() see p. 3 2 of the Aipr. 1964 SURVEY
October 1964
SUKVEY OF CURRENT BUSINESS
S-12
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1964
1963
1963
Monthly
average
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
17, 101 r r17, 205
3, 692
3,672
3,670
3,664
5,102 ' 5,215
2,751
2,670
July
Aug.
Sept.
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories, end of year or month§—
Continued
Book value (seas, adj.)— Continued
Nondurable goods stores 9
mil $
Apparel group
do
Food group
do
General merchandise group
do
Department stores*
do
Firms with 4 or more stores!
Firms with 11 or more stores :
Estimated sales (unadj ) total 9
16,210
3, 569
3,405
4 897
2,466
16, 874
3,539
3, 568
5 186
2,730
16 639
3, 536
3, 551
5 023
2,609
16, 720
3 551
3, 619
5 074
2,639
16, 805
3, 581
3,578
5 147
2,695
16,913
3, 605
3, 585
5 219
2,747
16, 874
3, 539
3,568
5, 186
2,730
16, 942
3, 646
3, 659
5,101
2,679
16, 878
3,657
3, 683
4,959
2,622
16, 748
3,593
3,680
4,923
2,564
16,916
3,630
3,665
4,999
2,557
16, 902
3,610
3,651
4,996
2,600
5 472
5 813
6 094
5 546
5 947
6 411
8 939
5 328
5 143
5 773
5 819
6 253
6 109
r
6, 168
17,169
3,695
3,709
5, 1 03
2,734
6,193
do
4 631
4 857
5 107
4 611
4,915
5 364
6,943
4,478
4,330
4,859
4,858
5,233
5,107
5,180
Apparel group 9
ATen's and bovs' wear stores
TVomen's appsrel accessorv stores
Shoe stores
-
do
do
do
do
307
29
124
90
316
30
134
88
310
25
138
84
309
25
1°8
93
311
30
131
83
348
34
152
83
567
60
246
133
247
26
97
73
228
22
95
66
365
29
147
119
304
26
132
86
350
33
148
100
335
32
144
94
292
26
125
82
Drug and proprietarv stores
Fating an of drinking places
Furniture homefurnishings stores
do
do
do
137
100
40
144
104
49
143
115
44
135
107
41
138
109
51
143
105
52
226
107
51
140
102
32
138
100
39
148
111
45
141
111
44
152
120
47
152
131
46
153
134
44
Qeneral merchandise group 9
Dept stores excl mail order sales
Varietv stores
Grocerv stores
do
do
do
do
Tire batterv accessorv dealers
do
1 464
901
284
1,920
62
90
1 585
985
°95
1,974
63
91
1 641
1 015
301
2,137
76
94
1 526
961
979
1 , 825
71
83
1 615
1 000
292
1,965
75
93
1 843
1 137
321
2, 140
64
94
2 995
1,850
611
2,081
50
132
1,262
790
216
2,086
46
75
1,246
763
238
1,982
47
72
1, 564
968
304
1,970
52
82
1,592
1, 002
281
1,975
61
96
1,696
1,074
306
2,125
69
106
1,698
1,075
304
1,981
79
115
1,605
1,003
299
2,169
81
108
Estimated sales (seas adj ) tota!9f
do
4,983
4,871
4,809
4,922
5. 043
5,089
5, 111
5,126
5,105
5,165
5,240
5,322
5 366
Apparel group 9
Mien's and bovs' wear stores
TVomen's apparel accessory stores
Shoe stores
do
do
do
do
341
33
147
90
316
31
132
87
298
29
125
84
310
27
135
83
326
29
137
92
336
31
139
94
337
33
140
90
326
29
136
98
343
31
151
91
348
34
146
95
349
32
153
91
351
33
149
96
369
1 56
103
Drug and proprietarv stores
Eating and drinking places
Furniture homefurnishings stores
do
do
do
150
107
44
147
105
42
146
107
46
144
105
44
147
106
42
152
111
41
148
110
47
157
112
46
147
112
46
157
115
45
156
127
46
161
126
46
158
130
48
Oeneral merchandise group 9
do
Dept stores excl mail order sales
do
Varietv stores
do
Grocerv stores
..do
Lumber vards bldg materials dealersc^ do
Tire battery accessorv dealers
do
1,646
1,035
294
2,007
63
88
1 605
1,000
9
97
1,970
63
89
1,523
932
298
1,993
64
1,600
993
296
2,015
63
92
1,674
1,050
305
2,017
61
99
1,698
1,057
318
2,041
63
99
1. 743
1,090
318
2,018
67
98
1, 721
1,075
319
2,055
62
96
1,718
1,049
329
2,030
61
96
1,768
1,110
320
1,999
64
99
1,759
1,087
324
2,066
67
100
1,791
1,124
329
2, 095
67
96
1 830
1 154
' 398
9
083
'14,299 115,484
6,241
6,626
8, 058
8,858
7.441
7,826
6, 858
7, 658
14,016
6,559
7, 457
7,264
6,752
13, 990
6,532
7, 458
7,178
6,812
14, 2n9
6, 588
7. 681
7,381
6,888
14, 361
6, 456
7, 905
7,381
6,980
15.484
6, 626
8,858
7,826
7,658
14, 628
6,259
8, 369
7,409
7,219
14, 123
6,083
8,040
7,126
6,997
14, 335
6,131
8,204
7,221
7,114
14,638
6,218
8,420
7,431
7,207
15,197
6,491
8,706
7,718
7,479
15, 140
6,647
8,493
7,594
7,546
48
17
49
17
50
17
48
17
50
18
50
17
49
18
49
17
48
16
50
18
48
18
48
17
51
18
50
17
48
17
43
40
17
43
39
18
44
39
17
42
40
18
41
41
18
43
39
18
45
38
17
43
37
20
42
39
19
43
39
18
42
40
18
43
40
17
44
38
18
45
37
18
44
38
18
190. 81
191. 01
191.23
191.44
191. 64
191.85
192. 07
192. 31
192. 56
Total
Durable goods stores
Nondurable goods stores
Charee accounts
Installment accounts
mil $
do
do
do
do
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
percent
Installment accounts
do
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
do
Installment sales
do
91
i ^1
1 089
090
091
75
101
9
00
fi4
100
15, 334 '15 509
6, 691
6 796
8, 643
8 783
7, 535
7 498
7, 799
8 Oil
T
r
r
r
EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas©
miL_ 2 186.66
EMPLOYMENT
NFoninstitutional population, est. number 14 years
of age and over, total, unadj
.
lmil_. 130. 08
2
189.38
189. 62
189. 89
190. 14
190. 39
190. 61
132. 12
132.34
132. 50
132. 68
132. 85
133. 02
133. 20
133. 36
133. 52
133. 68
133. 87
134. 04
134. 22
134.40
134.59
thous
do
do
do
do
74, 681
71,854
67, 846
5,190
62, 657
75, 712
79 975
68! 809
4 946
63, 863
77, 167
74, 418
70, 561
5,496
65, 065
75,811
73, 062
69, 546
5. 326
64, 220
76, 086
73, 344
69, 891
5,350
64, 541
76. 000
73. 261
69, 325
4 777
64, 548
75, 201
72, 461
68,615
4,039
64. 576
74, 514
71.793
67. 228
3, 993
63, 234
75 259
72. 527
68, 002
3 931
64, 071
75 553
72,' 810
68, 517
4 017
64 i 500
76 -544
731 799
69, 877
4' 499
65, 448
77, 490
74) 742
71, 101
5t 007
66) 094
79 389
76' 645
71 953
5 853
66) 100
78 958
76,' 218
79 405
5* 819
66,' 586
78 509
75! 758
79 104
5 400
66,' 704
76 865
74)l22
70 980^
5 30
65) 575
Unemployed (all civilian workers)
do
Long-term (15 weeks and over),, do
Percent of civilian labor force
Not in labor force.—
thous
4,007
1,119
5.6
55, 400
4, 166
1,088
5.7
56,412
3,857
949
5.2
55, 178
3, 516
886
4.8
56, 686
3,453
919
4.7
56, 596
3,936
864
5.4
56, 852
3,846
928
5.3
57, 824
4, 565
1, 106
6. 4
58, 685
4,524
1,163
6.2
58, 099
4,293
1,322
5. 9
57, 965
3,921
1, 237
5. 3
57. 135
3, 640
1,084
4. 9
56, 376
4,692
1, 007
6 1
54 652
3,813
857
5 0
55 958
3,654
790
4 8
55 891
3, 317
' 764
4 5
57 721
72, 988
68, 941
4,872
64, 069
4,047
1,083
73, 091
69, 044
4,877
64, 167
4,047
1,078
73, 168
69, 067
4,939
64, 128
4, 101
1, 114
73, 572
69, 222
4,903
64,319
4,350
1,060
73, 224
69, 205
4,890
64. 315
4.019
1,022
73, 667
69, 567
4,936
64, 631
4, 100
1, 105
73, 835
69, 832
4,797
65, 035
4,003
1,007
73, 760
69, 807
4,' 600
C)5, 207
3' 953
1, 047
74, 583
70, 559
4^ 748
65* 811
4, 024
' 927
74, 595 74, 340
70, 754 70 387
4' 865
4 838
65 889 65 549
3, 841
3' 953
' 934 1 070
5 5
5.4
5.5
5.4
5. 6
5.5
5 9
5.7
5. 5
5.3
5 6
5.3
5.4
5.2
5. 4
5!l
5. 4
5. 0
Total labor force, incl. armed forces
Civilian labor force, total
Employed, total
Agricultural employment
Nonagr {cultural employment
Civilian labor force, seasonally adjt
do
Employed, total
_
do
Agricultural employment.. ._
do
Nonagricultural employment
do
Unemployed (all civilian workers)
do
Long-term (15 weeks and over)., do
Rates (percent of those in group) :
All civilian workers. ._
Experienced wage and salary workers
r
5.5
5.5
2
Revised. ! End of year.
As of July 1.
§ See note marked "f" on p. S-ll.
9 Includes data not shown separately.
*New series; see corresponding note on p. S-ll.
d*Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
fSee note marked "t" on p. S-ll.
5 1
4^8
5 3
5.3
74, 230- 74,315
70 591 TO
/ U, 4.88
4oo
4 885
4 810
£ C £70
65 706 DO,
D/ o
3* 639
<3Z/
3, 097
' 958
90°
4 9
4^8
C 1
0.
1
4.9
74,159
|-n
004
/ U, oo-t
^,
bo,' 5o4
3 8995
'9 9
r Z
9
0.
4.9
©Revisions for May 1960-Nov. 1962 are available upon request.
+ Revised monthly data (back to Apr. 1948) appear in the "Mon thly Report on the
Labor Force," Jan. 1964, U.S. Dept. of Labor, Wash., D.C., 20210.
SURVEY OF CURRENT BUSINESS
October 1064
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
I 1963
Monthly
average
S-13
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.*
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):f
Total, unadjustedf
thous
55, 841
57, 174
57,651
58, 211
58, 426
58, 220
58, 585
56, 909
57, 045
57, 388
57, 945
58, 500
59,212 ' 58, 993 ' 59, 236
16, 859
9,493
7,367
17, 035
9, 659
7,376
17, 199
9,609
7,590
17, 398
9,801
7,597
17, 367
9.811
7,556
17.229
9,789
7,440
17, 139
9,765
7,374
16, 935
9,666
7,269
16, 982
9,676
7,306
17,051
9,734
7,317
17, 106
9,801
7,305
17,186
9,844
7, 342
17,404 ' 1 7, 354 '17,550 17,774
9,951 ' 9, 904 ' 9, S86 10,089
7,453 ' 7, 450 ' 7, 664 7, OS 5
652
83
152
299
634
82
139
293
646
85
135
298
641
84
134
295
637
84
136
290
634
84
136
292
631
83
137
295
614
82
135
290
611
83
134
287
611
83
130
288
624
85
129
289
631
86
128
291
649
88
129
302
(544
80
129
'305
2,909
3,903
797
271
3, 029
3,913
774
273
3,437
3,976
791
258
3,378
3,982
780
276
3,333
3,968
776
278
3,176
3,944
770
279
2,925
3, 931
773
282
2,628
3,876
755
284
2,681
3,879
753
283
2,760
3,883
754
273
2,977
3,922
762
278
3,191
3.949
764
279
3,373
4,000
770
270
r 3, 493
r 4, 025
774
262
880
200
688
611
898
210
688
612
921
212
699
626
934
212
693
618
936
212
691
611
925
213
685
611
913
214
685
610
885
215
685
609
888
214
688
608
889
215
691
609
899
217
699
611
913
219
701
613
946
954
995
'718
'628
do. _. 11,582
3,061
do
8, 521
do
2,798
do-do . _ _ 7,949
9,188
do
11,865
3,143
8 722
2,866
8, 297
9,535
11, 878
3,196
8,682
2,919
8,457
9,139
11,942
3,199
8,743
2,887
8,436
9,547
12,014
3, 208
8, 806
2,884
8,472
9, 751
12, 166
3,208
8, 958
2,878
8,406
9,787
12, 774
3,238
9, 536
2,880
8,379
9,926
11,917
3,201
8,716
2, 875
8,313
9,751
11,837
3,187
8,650
2, 885
8,362
9,808
11,926
3,188
8,738
2 895
8,415
9,847
11,987
3,195
8,792
2 913
8,543
9,873
12, 100
3, 207
8, 893
2 924
8, 641
9,878
1? 252 T 12, 247 '!'> 280 1° 3'M
3, 251 'r 3, 286 ' 3, 308 3, 297
9, 001
8, 961 ' 8, 972 9, 027
2 958
2 905
'> 991 ' *> 99°
8, 742 r 8, 785 ' 8, 768 8, 742
9,834 r 9, 454 ' 9, 420 9,880
do-- - 155, 841 '57,174
16, 859 17, 035
do
9,493
9, 659
do
271
277
do
589
5S6
do__ _
385
390
do
594
608
do
1,164
1,166
do--
57, 344
17,033
9,652
578
393
616
1,176
57, 453
17, 076
9,705
275
588
392
610
1,164
57, 646
17,119
9,718
277
589
391
611
1,155
57, 580
17,061
9,688
275
595
392
614
1,155
57, 748
17. 127
9, 737
276
598
394
612
1,166
57, 850
17,119
9,726
276
596
394
612
1,169
58, 183
17,175
9,750
270
601
395
618
1,177
58, 327
17, 242
9,814
268
607
399
623
1,183
58, 502
17, 301
9,868
266
599
401
621
1,202
58, 590
17, 323
9, 853
262
592
401
623
1,206
58, 782 ^58,912 '58,936 59, 039
17, 367 '17,409 '17,390 17,450
9, 896 r 9, 942 ' 9, 931 9, 991
258
253
' 245
243
590
' 592
' 595
589
406
410
409
407
628
' 629
628
(130
1,221
1 , 240 ' 1 , 241
1,247
Manufacturing establishments
Durable goods Industries
Nondurable goods industries
do
do
do
Mining, total 9
Metal mining
Coal mining
Crude petroleum and natural gas
do
do__ .
do
do
Contract construction
do
Transportation and public utilities?
do
Railroad transportation
do
Local and interurban passenger transit. _do
Motor freight trans, and storage
Air transportation
Telephone communication
Electric, gas, and sanitary services
Wholesale and retail trade
.Wholesale trade
Retail trade
Finance, insurance, and real estate
Services and miscellaneous
Government
Total, seasonally ad justed f _ _.
Manufacturing establishments
Durable eoods industries
Ordnance and accessories
Lumber and wood products
Furniture and
fixtures
Stonp, clay, and glass products
Primarv metal industries _
do..
do
do
do_.
999
709
619
' 645
80
129
305
' 3, 542
' 4, 039
779
261
59, 809
045
3,440
4, 039
962
99f,
720
628
Fabricated metal products
Macblnerv
_
Electrical equipment and supplies
do
do
do
1,128
1,490
1,579
1. 153
1, 520
1, 582
1,162
1,525
1,574
1,165
1,531
1,574
1,164
1,545
1,571
1,162
1,548
1,557
1,169
1, 555
1,566
1,164
1,559
1,564
1,176
1,547
1, 559
1, 186
1,567
1,563
1,194
1,575
1,570
1,189
1,585
1,571
1,195
1,595
1,573
'1,197 ' 1 , 21 2
1 , 606 ' 1,616
' 1 , 583 ' 1 , 575
1 , 222
1 , 026
1 , 583
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
do
do
do
1,542
360
391
1,614
372
393
1,580
375
398
1,635
373
398
1,647
373
395
1,619
373
398
1,629
375
397
1,621
375
396
1,631
375
401
1, 640
377
401
1,660
377
403
1,643
376
405
1,643
380
407
1 , 639 '1,621
'381
' 380
'411
' 408
1 , 657
382
407
7,367
1,760
91
903
1,267
614
925
846
195
406
360
7,376
1.738
89
890
1,298
621
928
866
188
409
350
7,381
1, 728
91
887
1,302
623
937
870
189
404
350
7,371
1,723
86
886
1,306
622
935
869
190
402
352
7,401
1,742
89
890
1,312
620
934
871
189
402
352
7,373
1,733
95
889
1,291
622
931
870
189
406
347
7,390
1,741
91
888
1, 295
624
939
871
188
405
348
7,393
1,741
88
891
1,299
624
940
7,428
1,735
90
899
1,309
627
943
876
P,5
348
7,433
1,724
90
897
1,318
629
947
873
185
419
351
7,470
1, 725
90
898
1,336
630
953
877
184
422
355
7,471
1,712
90
897
1,348
631
953
884
184
418
354
' 7, 467 r 7, 459
'1,710 '1,715
90
85
' 896
' 897
1,337 ' 1 , 333
'633
'033
'952
952
'885
'885
184
184
422
' 422
'354
357
7, 459
1,703
83
899
1,344
635
ISO
407
oio
7,425
1,743
89
897
1,310
627
942
S72
IV.
412
3^
652
Mining
__
do
634
2,909
Contract construction
__ _
do
3, 029
3,903
Transportation and public utilities
do
3.913
11,582 11,865
Wholesale and retail trade__
do
2,798
Finance, insurance, and real estate- _ _ _ do
2.866
7,949
Services and miscellaneous
do
8,297
9,188
Government
do
9,535
Production workers on mfg. payrolls, unadjusted:!
12, 494 12, 585
Total, unadjusted t
_
thous
Seasonally adjusted
do
7,059
6,946
Durable goods industries, unadjusted. _do
Seasonallv adjusted
do
119
120
Ordnance and accessories
do
524
526
Lumber and wood products
do
324
320
Furniture and
fixtures
do
490
479
Stone, clay, and glass products
do
942
936
Primary metal industries
do
424
421
Blastfurnaces, steel and rolling mills do
884
864
Fabricated metal products
do
1, 053
1,036
Machinery
do
1, 057
1,060
Electrical equipment and supplies
do
1, 113
1,061
Transportation equipment 9
do
572
534
Motor vehicles and equipment
_.do
356
351
Aircraft and parts
do
237
230
Instruments and related products
do
315
316
Miscellaneous mfg. industries
do
5,526
5,548
Nondurable goods industries, unadj
do
Seasonally adjusted
do
Food and kindred products
do
"l~176~ ~~1~155'
79
77
Tobacco manufactures
do
812
797
Textile mill products
do
1,151
1,125
Apparel and related products
do
486
488
Paper and allied products
do
594
Printing, publishing, and allied ind ..do
590
Chemicals and allied products
. do
517
524
125
Petroleum refining and related ind.__do
120
Petroleum refining
do
101
95
314
315
Rubber and misc. plastic products
do
319
309
Leather and leather products
. do
635
3,083
3,941
11,907
2,873
8, 373
9,499
632
3,071
3,950
11, 922
2,873
8,377
9,552
629
3, 066
3.937
11,935
2,887
8,430
9,643
630
3,057
3,928
11,941
2,887
8,423
9, 653
630
3,069
3, 915
11,963
2,892
8,447
9, 705
(T '.°
3,"i7
3, 1IJ3
12, 071'
2, 904
8,474
9,718
02 1
a, 931
12, 143
2,911
8, 515
9,712
625
3, 162
3,930
12, 143
2,918
8,552
9, 755
631
3,144
3,954
12,211
2, 925
8,543
9,793
628
3,159
3, 961
12, 209
2, 930
8, 572
9, 808
12, 705 12, 923 12, 895
12, 575 12, 611 12, 649
7, 204
6,995
7,193
7,110
7,097
7,051
120
119
118
543
547
551
334
331
333
504
516
510
929
942
946
410
420
429
913
909
889
1, 056
1,044
1,055
1,074
1,048
1,067
1.149
984
1,125
599
584
450
361
351
356
240
240
240
342
332
341
5,691
5,710
5,730
5, 539
5,514
5, 524
1,248
1,272
1,285
94
95
88
804
803
803
1,180
1,183
1,180
493
495
495
599
597
592
526
527
528
120
121
123
94
95
96
317
315
310
309
311
316
r
l
Revised.
» Preliminary.
Total and components are ba?e< on una djusted data.
tBeginning with the Sept. 1963 SURVEY, data for employment hours, earnings , and
labor turnover reflect adjustments to Mar. 1962 benchmarks. The revision affects series
back to Mar. 1959 and, for seasonally adjusted data, all series beginni ng Jan. 1952, witl only
12, 756
12, 590
7,180
7,081
119
534
332
501
928
408
907
1,059
1, 065
1, 157
608
363
241
337
5, 576
5, 509
1,169
87
802
1, 161
492
598
522
118
94
318
309
12,665
12, 653
7, 155
7,129
119
522
329
486
941
414
904
1,077
1,062
1,163
612
366
240
313
5,510
5, 524
1,128
83
795
1, 150
491
602
522
116
93
315
308
Nondurable goods industries _
do _
Food and kindred products. ..
do
Tobacco manufactures
do
Textile mill products
do_. Apparel and related products
do
Paper and allied products _
do.. Printing, publishing, and allied ind. .do
Chemicals and allied products
do
Petroleum refining and related ind
do
Rubber and misc. plastic products. _ .do
Leather and leather products
do
;>. ifw
p>;
950
88(5
184
419
350
638
035
' 634
643
3,179 '3,187 '3,177
3,127
3, 964 ' 3, 985 ' 4, 003
4, 007
12, 268 '12,300 '12,310 12,304
2, 950
2, 937
2, 944 ' 2, 945
8,596 ' 8, 655 '8,681
8, 081
9,833 ' 9, 789 ' 9, 796 9, 885
12, 892 '12,814 '13,008 13,255
12, 864 12,892 '12,885 12,949
7,332 ' 7, 208 ' 7, 254 7, 470
7, 278 '7,311 ' 7, 31 5 7, 370
107
103
104
105
554
552
558
' 500
337
347
' 345
336
521
527
' 522
528
1, 000
1,018
' 998 ' 1 , 005
462
466
469
r
959
927
'933
9(18
1, 124
1 , 1 29
1,114 ' 1, 113
1 , 080
1,047 '1,046 ' 1 , 059
1 , 1 50
1,146
1,121 '1,027
600
'486 " " " " 3 4 1 "
584
344
339
' 339
240
239
242
238
34(5
330
'321
' 339
5,
785
5,560 ' 5, 546 ' 5, 754
5, 586 ' 5, 581 ' 5, 570 5, 573
1
,
259
1,119 ' 1 , 1 64 ' 1 , 253
93
66
82
66
813
'810
808
'794
1,218
1,181 '1.1 52 ' 1,214
504
498
' 492
' 499
T
(505
603
599
' 601
533
533
533
'531
115
' 116
117
117
90
92
'91
91
331
320
'318
327
314
313
319
'313
minor revision > prior to that tim e. Revi sions not shown ire avail able in tlie 1963 e iition of
Busiis ESS STAT ISTICS an c in BLS- Bulletii11312-1, 'Fmplojanent an d Earniiigs Stati sties for
the U nited Sta tes, 1909 -62, "6 54 pp., $3.f 0, GPO, Wash., D.C., 204 02.
9lr eludes d ata for i ndustrie 3 not sh iwn sepsirately.
12, 472
12, 639
7,064
7,120
118
502
324
467
945
418
891
1,083
1,051
1,152
605
363
237
294
5,408
5,519
1, 081
76
788
1,136
484
592
519
114
93
313
304
12, 518
12, 697
7,075
7, 148
114
504
325
471
958
428
892
1,081
1,040
1, 14S
598
360
237
305
5, 443
5, 549
1,064
74
795
1,174
483
594
521
114
93
315
308
12, 584
12, 759
7,132
7,207
113
506
327
480
966
434
898
1,104
1,037
1,153
604
357
238
309
5, 452
5, 552
1,057
70
798
1,177
485
598
528
114
92
317
307
12, 634
12,813
7,198
7,260
112
518
330
494
979
444
906
1,112
1,036
1,160
608
354
237
315
5,436
5,553
1,063
67
799
1,156
488
599
533
114
91
316
302
12, 710
12, 824
7, 241
7, 236
109
532
328
506
989
452
911
1,116
1,035
1,158
608
349
236
321
5, 469
5,588
1,078
66
802
1, 160
490
600
534
115
91
319
304
SURVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
October 1964
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.p
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch) :
UnitedStates
thous..
Wash., D.C., metropolitan area
do
2,311
230
2,328
239
2,337
244
2,312
239
2,314
240
2,313
240
i 2, 452
1243
2,293
239
2,291
240
2,293
241
2,304
241
2,302
241
2,314
246
2,325
249
2,326
247
Railroad employees (class I railroads) :
Total
do. -Index, seasonally adjusted
1957-59=100--
720
279.5
'714
277.1
714
78.2
703
78.2
699
78.5
694
79.3
693
79.5
680
73.8
676
74.3
677
74.9
685
75.7
'75.3
'•ess
693
'75.2
^697
p75. 7
^695
*76.1
116.4
113.7
90.5
127.0
118.0
90.6
152.2
118.2
93.1
149.5
122.6
94.0
149.7
122.6
92.8
131.5
121.5
90.5
119.2
122.4
91.4
102.4
117.7
87.8
109.2
119.4
86.9
114.1
120.4
85.9
127.1
122.0
89.4
139.7
123.6
92.5
149.8
126.1
96.2
40.4
40.4
2.8
40.9
2.8
41.1
40.7
40.7
3.1
41.3
41.3
3.2
40.7
40.6
3.0
41.4
41.2
3.2
40.5
40.5
3.0
41.2
41.1
3.2
40.8
40.5
3.1
41.6
41.5
3.3
39.8
40.1
2.7
40.6
40.8
2.9
40.3
40.6
2.7
41.0
41.3
2.8
40.4
40.7
2.8
41.0
41.2
2.9
40.5
40.7
2.9
41.3
41.4
3.1
40.7
40.7
3.0
41.5
41.4
3.1
40.9
40.6
3.2
41.7
41.4
3.4
'40.7
'40.6
3.0
41.3
41.4
'3.1
40.9
40.7
3.3
'41.5
- 41.5
3.4
40.6
40.6
3.3
41.6
41.6
3.5
685
76.2
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) !_1957-59= 100..
M^anufacturin c (production workers) f
do
Mining (production workers)!
do
r 157. 1
162.1
- 124. 4 ' 126. 6
'94.4
95.9
130.1
HOURS AND EARNINGS!
Average weekly gross hours per production worker
on payrolls' of nonagric. estab., unadjusted:!
All manufacturing estab., unadj.!
hours..
Seasonally adjusted
do
Average overtime
do. _
Durable goods industries
do
Seasonally adjusted
do
Average overtime
do
2.8
2.9
40.5
40.3
2.9
41.0
41.0
3.0
Ordnance and accessories
_ _ _ do
Lumber and wood products
do
Furniture and
fixtures
do- Stone, clay, and glassproducts
do
Primary metal industries
do
Blast furnaces, steel and rolling mills. do
41.1
39.8
40.7
40.9
40.2
39.0
41.1
40.1
40.9
41.3
41.0
40.0
41.0
40.6
41.6
41.9
40.6
39.4
41.3
40.8
41.6
41.8
40.7
39.3
41.2
40.8
41.6
42.1
40.4
38.7
40.8
39.7
41.3
41.5
40.6
39.0
41.5
40.0
41.9
40.6
41.3
39.5
40.8
38.6
39.4
39.8
41.1
40.0
40.3
39.6
40.7
40.7
41.1
40.0
40.2
39.7
40.7
40.8
41.4
40.5
40.4
39.9
40.7
41.6
41.6
40.9
40.2
40.5
40.5
42.1
41.8
41.0
40.5
40.8
41.1
42.1
42.0
41.1
'39.9
40.5
40.8
42.1
-41.6
'41.1
'40.1
'40.9
'41.9
42.1
' 41. 6
41.1
40.8
39.9
41.5
41.4
43.1
Fabricated metal products
Machinery
Electrical equipment and supplies
do
do
do
41.1
41.7
40.6
41.4
41.8
40.4
41.5
41.6
40.3
41.9
41.9
40.7
41.8
41.8
40.6
41.5
41.8
40.4
41.9
42.5
40.8
40.9
41.8
40.0
41.2
42.3
40.2
41.2
42.4
40.2
41.5
42.5
40.3
41.8
42.7
40.4
41.9
42.9
40.5
-41.6
42.4
'40.3
42.0
'42.3
40.7
41.8
41.9
40.7
Transportation equipment 9
Motor vehicles and
equipment
Aircraftand part 5
Instruments and related products
Miscellaneous mfg. industries..
do
do
do
do
do
42.0
42.7
41.8
40.9
39.7
42.0
42.8
41.5
40.8
39.6
40.8
40.3
41.5
40.7
39.8
41.9
42.1
41.7
41.1
39.9
42.7
43.9
41.6
41.1
40.1
42.8
44.3
41.4
41.0
39.8
43.0
44.7
41.5
41.0
39.8
41.5
42.2
41.1
39.8
38.4
41.5
42.2
41.0
40.5
39.5
41.4
41.7
40.9
40.4
39.8
42.0
42.9
41.0
40.5
39.6
42.0
42.9
40.9
40.7
39.4
42.5
43.8
41.2
41.0
39.7
'41.6
42.3
41.0
'40.8
'39.3
'41.6
-42.5
-40.9
-41.0
-39.8
42.5
40.4
40.9
39.6
Nondurable goods industries, unadj
Seasonally adjusted
do
do
39.6
39.6
2.7
40.9
38.6
40.6
36.1
42.7
40.0
39.6
2.8
41.4
40.2
40.7
36.8
43.1
39.9
39.7
3.0
41.6
39.7
40.6
36.3
43.2
39.9
39.8
2.9
41.2
39.7
41.3
36.3
43.2
39.6
39.5
2.8
41.0
38.9
41.3
35.8
42.8
39.9
39.6
2.8
41.1
39.4
41.3
35.9
43.0
38.7
39.1
2.5
40.3
36.9
40.0
33.9
42.1
39.4
39.9
2.6
40.2
35.3
40.9
36.3
42.5
39.5
39.9
2.6
40.1
37.8
40.7
36.4
42.4
39.4
39.8
2.7
40.3
39.5
40.7
36.1
42.5
39.7
39.8
2.8
40.9
39.3
41.1
35.9
42.7
39.9
39.7
2.9
41.0
39.7
41.3
36.2
43.0
39.8
39.5
'2.9
41.1
'38.9
40.8
36.3
43.0
-40.1
-39.7
-3.1
41.1
-38.4
41.3
-36.8
-43.3
39.3
39.1
3.0
40.8
39.6
39.4
34.9
42.9
38.8
41.9
43.2
42.8
41.7
37.3
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and related products
Paper and allied products
do
do
do
do -do
2.7
40.9
38.6
40.6
36.2
42.5
Printing, publishing, and allied ind
Chemicals and allied products
Petroleum refining and related Ind
Petroleum refining
Rubber and misc. plastic products
Leather and leather products
do
do
do
do —
do
do
38.3
41.5
41.6
41.2
41.0
37.6
38.3
41.5
41.7
41.4
40.8
37.5
38.5
41.4
41.6
40.6
41.0
38.3
38.6
41.5
42.2
41.7
41.4
37.5
38.4
41.4
41.7
41.0
41.1
37.8
38.2
41.4
41.5
41.5
41.0
37.2
38.9
41.7
41.4
41.5
41.7
38.9
37.9
41.1
41.3
41.4
40.5
37.4
38.2
41.3
41.4
41.3
40.6
38.2
38.5
41.6
41.4
41.2
40.8
37.7
38.5
41.6
41.3
40.9
40.9
36.5
38.5
41.7
42.0
41.3
41.4
37.6
38.4
41.7
42.1
41.2
41.6
38.5
38.3
'41.5
'42.3
'41.4
40.8
38.6
-38.7
-41.4
-42.0
-41.3
- 42.0
- 38. 6
do -do
do
do
41.0
41.5
°36.6
42.0
41.6
41.2
"38.8
42.1
42.0
41.0
38.0
42.6
42.1
41.6
39.2
42.1
42.3
41.3
39.0
42.5
41.3
41.2
37.8
42.2
41.6
42.1
39.7
42.3
41.2
42.3
39.3
41.9
41.4
42.1
38.2
42.3
41.1
42.0
36.6
42.4
41.5
41.6
37.6
42.1
42.0
42.0
38.7
42.1
42.3
41.8
40.2
42.0
'41.9
'41.1
'42. 4
42.0
40.9
39.3
41.5
do
do
do
do
37.0
35.6
40.5
36.3
37.3
36.0
41.3
36.5
38.8
37.2
43.5
37.5
38.3
36.6
42.9
37.2
38.9
37.3
43.6
37.7
36.4
35.1
40.0
35.7
35.3
34.3
36.7
35.5
34.1
32.8
36.6
34.1
35.9
35.1
38.9
35.4
36.5
35.9
39.1
36.0
37.1
36.0
40.5
36.4
37.9
36.5
42.1
37.1
38.2
36.6
42.4
37.3
38.1
36.5
42.7
'37.1
38.6
37.0
43.2
37.6
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transporation and storage-do
Telephone communication
do
Electric, gas, and sanitary services
do
Wholesale and retail trade?
do
Wholesale trade
do
Retail trade §
do
42.6
41.5
39.9
41.0
38.7
40.6
37.9
42.2
41.6
40.0
41.2
38.6
40.6
37.8
42.5
42.3
40.1
41.3
39.2
40.7
38.5
42.1
42.0
40.5
41.4
38.6
40.6
37.7
42.0
42.3
40.4
41.4
38.4
40.7
37.5
41.8
41.3
40.8
41.4
38.3
40.5
37.3
41.9
41.9
39.6
41.5
38.8
40.9
38.0
42.0
40.5
39.3
41.5
38.1
40.2
37.1
41.5
41.0
39.6
41.0
38.2
40.3
37.2
40.9
41.2
39.5
41.0
38.2
40.5
37.1
41.9
41.5
39.3
41.0
38.2
40.6
37.2
42.6
41.8
39.8
41.2
38.3
40.7
37.3
43.0
42.1
40.0
41.2
38.7
40.8
37.8
42.7
-•42.3
'41. 7
-39.1
'40.9
'38.3
42.4
42.6
40.3
41.3
39.0
40.7
38.2
Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plants d". do
39.1
38.9
39.0
39.0
40.6
39.0
39.2
39.1
39.1
39.0
38.8
38.8
38.6
38.9
38.8
38.0
39.1
38.3
39.0
38.6
38.8
38.9
38.6
39.3
38.4
39.0
-39.3
'38.7
39.5
38.8
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.:!
All manufacturing establishments!
dollars. _ 96.56
Durable ffoods industries
do _ 104. 70
116.31
Ordnance and accessories
__
do
79.20
Lumber and wood products
do
99.38
108. 09
119. 60
81.80
98.42
107. 01
119.31
84.45
100. 53
109. 45
121.01
86.50
100. 53
109.71
121.13
85. 68
100. 85
110.00
120.36
82.97
102. 41
111.90
123. 26
83.20
99.90
109. 21
121.18
79.90
101. 15
109. 88
119. 29
81.97
101. 40
110. 29
119. 39
82.18
102.06
111.51
119.99
84.19
102. 97
112.47
120. 20
86.27
103. 48 r 102. 97 103. 07
113.01 111.92 -112.05
121. 50 '119.70 -121.10
87.72
87.48 - 89. 57
Nonmanufacturing establishments:!
Mining 9
M^etal mining
Coal mining
Crude petroleum and natural gas
Contract construction
General building contractors
Heavy construction
Special trade contractors
-40. 2
103.94
113.98
123.22
86.98
Furniture and
fixtures
Stone, clay, and glass products
Primary metal industries
do
do
do
79.37
98.57
119. 80
81.39
102. 42
124. 64
83. 20
104. 33
123. 02
84.03
104. 50
123. 73
84.03
105. 67
122. 41
83.43
103. 75
123. 42
85.06
101. 50
126. 38
79.59
99.50
125.77
82.21
101. 75
126. 18
82.62
102. 00
127. 51
82.62
104. 83
128.54
81.81
106. 93
129. 58
83.43 ' 83. 23 ' 85. 48 85.49
107. 36 107.36 -107.78 106.81
130. 20 '128.96 -129.38 136. 63
Fabricated metal products
Machinery.
__
Electrical equipment and supplies
do
do
do
104. 81
113. 01
97.44
108. 05
116.20
99.38
108. 32
115.23
98.74
110. 20
117. 32
100.53
109. 93
117.04
100. 28
109. 56
117.88
100. 60
111.04
120. 70
102. 41
108.79
118.71
100.40
109. 18
120. 56
100. 90
109. 59
121. 26
100.90
111.22
121.98
101.56
112. 02
122. 98
101.81
112. 29 -111.07 -112.98
123. 55 121.69 -121.40
102. 47 r 101. 96 102. 56
122. 22 126. 42 121.58 127.80 131. 52
Transportation equipment
do
Instruments and related products
do
99.80 101. 59 101.34 102. 75 102. 75
78.21 80.39
81.40
Miscellaneous mfg. industries
do
80.60
79.60
T
Revised.
•» Preliminary.
° Average for 11 nlonths.
1
Includes Post Office employees hired for the Chnstmas se ason; the re were a bout 144 000
such employees in the United States in Dec. 1963.
2Based on un adjusted data.
132. 68
102. 91
81.59
112.86
120. 67
102. 97
133.30 127.41 126. 99 126. 68 129.36 129.36 131.75 -128.54 -129.38 134. 73
102. 91
99.90 101.66 101. 40 102.06 102. 56 103. 73 -103.22 -103.73 103.89
82.16
79.87
82.78
82.76
85.28 -81.35 - 82. 39
82.39
81.95
81.97
9 Inchides datei for indiistries n()t shown
f £?ee corre spondin I note, I)ottom p . S-13.
§Exce>pt eatin 1 and dn nking pi aces,
sepjirately.
d Beginni ng Jan. ] 964, dat a relate .0 nonsu pervisorjr workers and are not conaparable
with the production-worker levels for earlier periods.
October 1964
SUEVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-15
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
90. 52
98 16
80 17
72 75
63 54
90.97
97 99
81 39
73 10
63 71
July
Aug.
Sept.*
91.14
97 8°
80 13
71 81
64 95
'91.43
97 00
T 74 gg
73 ](]
r 65 87
90.78
97 10
79 47
70 ()9
()9 47
110.51
Mil. 71
119 99 r ] ] 4 55
r i i 6 75
r ]33 56
r
r ] 03 ( )3
!07 59
9
70 5 r 7(> 64
111.
54
11 r> 699
119 4
1 38 67
107 59
68 96
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.f — Con.
All manufacturing estab.f— Continued
Nondurable goods industries
dollars.Food and kindred products
do
Tobacco manufactures
do
Textile mill products
do
Apparel and related products
do
85.54
91.62
71.41
68.21
61.18
87.91
94 48
73.73
69 43
62 09
88.40
93 gg
73 57
69 19
63 30
89.38
95 68
71 46
69 83
64 25
88.98
94 35
71 46
71 04
64 25
do
do
do
do
do
do
102. 00
107. 62
109. 98
126. 88
100. 04
64.67
105. 90
110 30
112.88
131 77
100. 78
66 00
107.32
111 9 79
113 O
130 i'i
100 86
67 41
108.43
112 71
114 13
134 20
102 67
108. 43
HI 74
113 85
131 77
101 93
67 66
107.
110
113
13°
10°
66
43
78
85
39
91
59
108.
113
115
132
105
69
^o
do
do
do
110. 70
117. 45
113 09
109. 20
114
118
119
111
115 08
118 08
118 18
113 3°
117 04
121 06
123 48
113 67
116 75
120 60
191 68
113 05
113
119
117
113
99
89
94
10
do
do
do
do
122. 47
112. 50
122 31
128. 50
9
17
117
128
133
57
72
03
59
13° 70
137 03
137 95
132 90
121 88
136 85
137 64
134
124
138
139
9
58
53
00
38
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage-do
Telephone communication
do
Electric gas and sanitary services
do
100. 11
113.30
98 95
116 85
101. 70
117.31
109 40
121 13
103. 28
119.71
9 9
10
6
I9 1 4°
102.30
120. 12
105 30
123 37
102. 48
120. 13
105 04
75 08
96 22
65 95
77 59
99 47
68 04
78 799
99 7
69 30
71 80
93 46
74 97
96 28
46.14
50.57
87. 85
95 91
72 69
70 40
60 00
89.04
95 68
68 84
71 98
64 61
89.67
95 84
75 60
71 63
64 79
89.83
96 32
80 19
71 63
63 90
36
98
09
89
08
63
106. 09
110 67
113 85
139 16
101 95
66 95
107.10
111 93
113 99
132 07
101 09
68 76
106. 85
113 58
114. 40
131 24
101 59
68 24
107.53
113 58
114.40
130 92
102 25
66 43
108.
113
115
133
104
6g
46
96
51
14
74
43
109. 965
113 8
116 34
133 46
105 66
70 46
116
122
125
113
48
51
85
79
115
36
1993 09
1 4 97
119 71
115
122
121
ll'>
09
51
09
94
113
122
115
112
85
64
66
78
115
122
121
111
37
30
45
57
117
60
193 90
125 "8
111 99
118
44
193 73
131 86
110 88
124
115
118
133
%
°3
17
48
199 08
111 59
118 9^
129 24
127
118
123
133
09
29
31
81
128
120
121
135
48
98
99
36
131
122
127
137
33
76
98
23
133 03
123 37
133
70 1 34 87
193 34 r 1 9 3 74
135 96 r!3X 35
139 50 !40 98
199 g6
102. 41
117.29
106 08
193 79
102. 24
120. 67
103 36
194 92
103. 32
116.24
109 18
194 09
101.68
118.49
102 56
123 00
98.98
119.89
102 70
123 00
103. 49
121.18
101 79
123 00
78 36
100 69
68 61
77 95
100 94
68 25
77 75
100 85
68 °6
77 60
101 43
68 40
78 11
100 910
68 6
78 69
100 75
68 82
78 69
101 66
68 64
79 07
102 31
69 19
74 40
96 66
75 14
96 72
74 97
96 79
75 35
96 86
76 13
97 67
76 70
91 36
77 08
92 14
76 09
91 55
75 92
91 63
99 ci4
47.58
51.87
48.31
51.48
48.22
52.00
48.09
51.87
47.72
51.99
47.86
52.13
47.72
53.58
47.70
54.00
47.97
54.81
48.89
55.63
49.02
56 59
47.62
56 16
- 47. 95
r 55 73
2.39
2 31
2.56
2 48
2.46
2 37
2.63
2 54
2.43
9 35
2.61
2.47
2 38
2.65
2 55
2.47
2 38
2.65
2 55
2.49
2 40
2.67
2 57
2.519
2 4
2.69
9 58
2.51
2 43
2^69
2 60
2.51
2 42
2.68
2 59
2.51
2 43
2.69
2 60
2.52
2 44
2.70
2 61
2.53
2 44
2.53
2 44
2.71
9 60
2. 53
9 44
2.71
9 n
Ordnance and accessories
do
Lumber and wood products
do
Furniture and futures
do
Stone clay and glass products
do
Primarv metal industries
do
Blast furnaces, steel and rolling mills.do
2 83
1 99
1 95
2 41
2 98
3.29
2 91
9 04
1 99
2 48
3 04
3.36
9 91
9 no
2 93
2 12
2 02
2 50
3 04
3.35
2 94
2 10
2 ()9
o M
3 03
3.33
2 95
2 09
2 02
9 g7
3 04
3.33
2 97
2 08
2 03
9 ^n
3 06
3.36
3.35
2 96
2 07
2 02
2 50
3 07
3.37
2 97
2 07
2 03
2 50
3 08
3.37
2 97
2 11
2 03
2 52
3 09
3.39
2 99
2 13
2 02
2 rA
3 10
3.40
Fabricated metal products
ATachinery
Electrical equipment and supplies
Transportation equipment 9
M^otor vehicles and equipment
-\ircraft and parts
Instruments and related product^
Miscellaneous mfg industries
2.55
2 71
2.40
2.91
2 99
2 87
2 44
1.97
2 61
2 78
2.46
3 01
3 10
2 95
2 49
2 03
2 63
2 80
2.47
3 05
3 14
2 99
2 50
2 02
o 63
2 gO
2.47
3 08
3 18
2 99
9 50
2 03
2 649
2 S
2.49
3 10
3 21
3 00
2 51
2 05
2 65
2 84
2.51
3 10
3 21
3 oi
2 51
2 07
2 66
2 84
2.51
3 07
3 17
3 01
9 51
2 08
2 65
2 85
2.51
3 06
3 14
3 02
2 51
2 08
2 66
2 86
2.51
3 06
3 14
3 01
2 51
2 08
2 68
2 87
2.52
3 08
3 17
3 02
2 52
2 09
2 68
2 88
2.52
3 08
3 18
3 03
2 52
2 08
9 gg
9 g7
2.53
3 10
3 90
2.53
3 09
3 18
2. 52
r 3 11
r 3 94
2. 53
317
2 53
2 08
9 £'•}
2 16
2.09
2 24
1 85
1 68
1 69
2.40
2 22
2.15
2 31
1 91
1 71
1 72
2.48
2 21
2.13
2 23
2.16
2 29
1 80
1 72
1 77
2.51
2 25
2.17
2 34
1 88
1 75
1 76
2.51
2 26
2.19
2 3^
1 90
1 76
1 77
2.52
2 27
2.20
2 38
1 97
1 76
1 77
2.52
2 26
2.19
2 38
1 95
1 76
1 78
2.52
2 27
2.20
2 39
2 00
1 76
1 78
2.52
2 28
2.20
2 39
2 03
1 76
1 77
2.53
2 9°.
2.20
2 9ft
2.20
1 83
1 70
1 72
2.49
2 24
2.16
2 30
1 80
1 72
1 77
2.51
2.54
2.55
2.57
2.81
2.65
3.05
3.19
2.44
1.72
2.88
2 72
3.16
3 32
2 47
1 76
2 89
2 73
3.13
3 31
9 46
1 76
2.92
2 75
3.18
3 35
2 48
1 79
2 91
2 75
3.16
3 33
2 48
1 79
2 90
2 75
3.19
3 36
2 51
1 79
2 93
2 76
3.21
3 37
2 59
1 79
2 92
9 77
3.20
3
35
9
50
1 79
2 93
2 76
3.19
3 34
2 49
1 80
2.95
2 75
3.17
3 33
2 49
1 81
2 95
2 75
3.17
3 33
2 50
1 82
2 96
2 77
3.17
3
9 gg
2 79
3.17
3 35
9 95
9 gQ
1 89
1 83
1 89
2 75
2.88
3 12
2.66
3.42
3.27
3. 10
3 66
9 74
2.88
3 11
2.66
3. 42
3 28
3.15
3 66
2 78
2.91
3 15
2.70
3.47
3 33
3.19
3 70
2 76
2. 92
3 12
2 66
3.47
3 34
3 18
3 70
2.91
3.12
2.68
3.45
3.32
3.10
3.68
2 80
2.91
3 17
2.69
3.54
3 38
3.22
3 76
2 80
2.91
3 18
2 69
3.58
3 40
3 25
3 79
2 78
2.91
3.17
2.67
3.54
3.37
3.17
3 78
2.77
2.92
3. 16
2.66
3.52
3.37
3.12
3. 76
2 78
2.94
3 23
2 65
3.54
3 41
3 16
3 77
2 80
2.95
3 25
2 66
3.51
3 38
3 18
3 75
2 80
2.96
3 28
9 64
3.50
3 37
3 19
3 74
2 80
2.97
Paper and
allied products.
Prin^in 0 ' publishing and allied ind
Chemicals and allied products
Petroleum refining and related ind
Rubber and misc plastic products
T eather and leather product^
N T onmanufacturingestabllshments:t
Mining 9
Metal mining
Coal mlnincr
Crude petroleum and natural gas
Contract construction
General buildln? contractors
TTeavv construction
Special trade contractor*5
Wholesale and retail trade§
Wholesale trade
Retail traded
do
do
do
Finance, insurance, and real estate:
Thanking
do
Insurance carriers®
do
Services and miscellaneous:
Hotels. touristcourts,and motels
do
Laundries, cleaning and dyeing plants Ado
Average hourly gross earnings per production
worker on payrolls of nonagric. estab.:f
All manufacturing establishments!
dollars_Excluding overtimed"
do
Durable goods industries
. _._
do
Excluding overtimed"
do
Nondurable goods industries
Excluding overtimed"-Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and related products
Paper and allied products
Printing, publishing, and allied ind
Chemicals and allied products
Petroleum refining and related ind
Petroleum refining
Rubber and misc plastic products
Leather and leather products
do
do
do
do
do
do
do
do
do
_do___
do
do
do
do
do
do
do
do
do
do
do
Nonmanufacturing establishments :f
Mining 9
do
Metal mining
...do
Coal mining
do
Crude petroleum and natural gas
do
Contract construction
_.
. _ do __
General building contractors
do
TTeavv construction
do
Special trade contractors
do
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage .do
Electric, gas and sanitarv services
Wholesale and retail trade?
"R t ' I t
r\ S
do
.do
~ ~
"~ /I
Services and miscellaneous:
Hotels tourist courts and motels
do
Laundries, cleaning and dyeing plan tsAdo
2.70
2.83
°3. 09
2.60
3.31
3.16
3.02
3.54
a
40
66
95
99
199 Q''
9 59
9 00
9 AQ
3 03
3.33
9 61
2.45
2 98
3 04
9 96
9 49
2 00
9 97
98
58
65
49
89.10
95 94
73 13
79 28
63 01
15
116
124
131
9 en
90.17
96 59
74 80
79 69
63 54
9 n7
2 02
o n£
m
1 f^Q
oo
1 'i
105.65
122.47
106. 64
122. 93
104 40
r
r
116 9()
r I 34 ()9
r
l!7 39
r\')'>
07
r]9]
JJ9
r H3 9J
r
106.75
123. 09
•'~
118 86
191 06
1 30 08
1 ] 9 () 5
1 937
1 6
140
149
03
54
83
50
1 05. 58
125.24
1 04 78
71
d'i
7fi 9fi
2 61
Q9 9 ^
47.40
55 87
2. 70
9 60
2. 56
9 46
2.74
9 63
3 00
r 3 ('9
3 O9
9 n^
r 9 19
9 ()4
56
T 9
9 58
2. 52
r 9 4')
r
3.39
2 68
o no
o i7
r 9 69
9 70
r 9 g7
9 gg
2 07
2.21
3 06
9 53
9 07
3 06
9 54
9 07
9 28
2.20
9 36
9 q^
9 99
r 1 Q^
1 77
. i 70
0 A
9 ^d
3.17
3 35
r 9 ^4.
2. 58
9 96
r 9 g9
-3.18
r 3 37
r
T
9 g6
1 83
r 3 gO
2 83
2. 96
3 31
2. 70
3. 55
3 42
3 26
3 79
9 67
3.54
3 39
r 3 94
2.35
2.73
2 48
2.85
2.41
2.82
56
2.94
9
9
43
2.83
9 55
9
94
2.43
2.86
2 60
2. 98
2.44
2.84
2 60
2.97
2.45
2.84
2 60
2.99
2.44
2.88
2 61
3.01
2.46
2.87
2 60
2.99
2.45
2.89
2 59
3.00
2.42
2.91
2 60
3.00
2.47
2.92
2 59
3.00
2.48
2.93
2 62
3.02
2.48
2.92
2 61
3.02
2. 50
2.91
9
60
3. 02
2. 49
2.
94
9
60
3. 05
1.94
2 37
1 74
2.01
2 45
1 80
2.01
9 45
1 80
2.03
2 48
1 82
2.03
2 48
1 82
2.03
2 49
1 83
2.00
2 48
1 80
2.05
2 49
1 84
2.06
2 50
1 85
2. 06
2 51
1 85
2.07
2 52
1 86
2.08
2 53
1 87
2.089
2 5
1 87
2.08
2.08
9 59
9 59
1 g7
1 87
1. 18
1.30
1 99
1 19
1.32
1 23
1.33
1 23
1.33
1 23
1.34
1 24
1.34
1 93
1.41
1 22
1.41
1 23
1.42
1 27
1.44
1 24
1.44
1 29
1 90
1.44
1.33
r
Revised. » Preliminary. ° Average for 11 months. § Except eating and drinking places.
fSee corresponding note, bottom p. S-13. 9 Includes data for industries not shown separately.
©Effective
Jan. 1964, data exclude earnings of nonoffice salesmen and are not comparable
with earlier figures.
1 26
1.43
1.44
9 p^
3 11
3. 40
3.38
9 67
9 Jg
9 '-iv.
1 °>r:t
„„
2. 60
9 gg
9 85
3.21
3 38
9 58
1 83
0"Derived by assuming that overtime hours are paid at the rate of time and one-half. AEffective Jan. 1964, data relate to nonsupervisory workers and are not comparable with the
production-worker levels for earlier periods.
SURVEY OF CURRENT BUSINESS
S-16
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
| 1963
Monthly
average
October 1964
1964
1963
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
3.187
4.658
1.14
2.765
2.37
3.202
4.680
3.233
4.728
3.282
4.769
1 13
3.295
4.787
Sept.
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
Common labor
_
$ per hr__
Skilled labor
do
Farm without board or rm 1st of mo
do
Railroad wages (average, class I)
__do
Road-building com labor (qtrly )
do
LABOR CONDITIONS
Help-wanted advertising, seas, adj t~1957-59= 100. Labor turnover in manufacturing estab.: t
Accession rate, total__mo. rate per 100 employees.Seasonally adjusted
do
New hires
do_
Separation rate, total .
_
do. _.
Seasonally adjusted
do
Quit
do
Lavoff
do.
Seasonally adjusted
do
Industrial disputes (strikes and lockouts) :
"Beginning In month:
Work stoppages
number. .
Workers Involved
thous
In effect during month:
Work stoppages
number
Workers involved
thous
Man-davs idle during month _
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
N"onfarm placements
thous
Unemployment insurance programs:
Insured unemployment, all programs
do
State programs:
Initial claims
do
Insured unemployment, weekly avg___do
Percent of covered employment:^
Unadjusted
Seasonally adjusted 0
beneficiaries, weekly average
thous..
Benefits paid
mil. $
Federal employees, Insured unemployment
thous_.
Veterans' program (UCX):
Initial claims
._
do
Insured unemployment, weekly avg _ do
Beneficiaries, weeklv average
do
Benefits paid
mil $
Railroad program:
Applications
thous
Insured unemployment, weekly avg ..do
Benefits paid
- _ mil. $
2.946
4.348
i 1.01
2.740
12.31
3.082
4.525
1, 05
2.823
12.38
1
3.130
4 585
2.755
3.134
4.602
99
2.748
2.45
3.134
4 591
2.782
3.134
4.602
2.785
3.139
4 611
3.154
4.636
1 14
2.765
2.27
2.785
3.169
4.640
2.803
3.169
4.644
2.764
2.785
110
109
105
107
111
112
118
116
117
118
120
118
121
124
123
4.1
3.9
2.5
4.1
2.4
3.9
1.4
2.0
1.4
1.8
4.8
3 7
3.2
4.7
4 2
2.1
1.9
2.0
4.8
3 9
3.1
4.9
3 9
2.4
1.8
1.8
3.9
39
2 6
4.1
3 7
1.5
1.9
1.7
2.9
3 g
1.8
3.8
3 7
1.1
21
18
2.5
39
1.4
3.7
37
.8
18
3.6
3 7
2.0
4.0
4 0
1.2
2.0
1.8
3.4
4 0
2.0
3.3
38
1.1
1.5
1.7
3.7
4 0
2.2
3.5
38
1.2
1.6
1.7
3.8
4.0
2.4
3.5
3.9
1.3
1.4
1.6
3.9
3.8
2.5
3.6
4.0
1.5
1.4
1.7
5.1
4.1
36
3.5
3.9
1.4
1.3
1.6
'4.4
'4.1
2.9
'4.3
'4.2
1.5
'2. 1
'2.0
"4.9
p3. 8
*>3.2
M. 1
P3. 6
v 2. 0
p 1.3
p 1.4
301
102
280
78
312
67
287
81
346
96
223
80
132
27
210
60
225
80
220
65
300
122
410
176
360
134
420
133
340
83
1,550
1,340
545
167
1,350
500
155
985
574
153
1,420
467
152
1,410
336
82
977
370
100
1,010
375
125
1,130
360
100
800
450
163
1,100
570
218
2,180
585
227
1,930
660
194
1,710
595
147
1,350
541
572
549
560
548
611
664
a 1, 924
2 1, 939
2 1, 531
2 1, 372
1,309
1,783
1,285
1,806
1,086
1,419
443
414
478
2, 559
2 2, 408
2 2, 200
1,865
1,972
1,848
2,395
1,181
2,243
1, 136
2,050
1,086
1,755
908
1,447
976
1,297
1,238
1,343
937
1,261
3.6
4 1
1.127
165.0
4.7
4 3
1,524
233.0
5.7
'4.2
1,997
319.3
5.3
'3.9
2,015
283.8
4.9
3.8
1,887
292.6
4.2
3.8
1,678
258.0
3.4
'3. 7
1,347
201.5
3.1
3.1
'3 7 3 6
1,142 1,108
183.1
180.5
2.9
35
1,085
164.5
662
493
432
1,445
2 1, 667
22,113
957
1,261
1,157
1,333
1,200
1,542
3.4
4.2
1,220
186.8
3.0
4 0
1,107
163.1
3. 1
4 1
1,070
172.0
2
2
3.295
4.807
a 1 01
572
2 1, 552
21,390 21,445
126
554
2
1, 358
4.4
4.3
1,525
223.0
1,541
231.2
29
31
29
28
29
32
34
39
40
38
32
27
25
26
25
28
50
47
6.6
29
55
52
7.6
29
45
42
6.2
28
42
40
5.7
31
43
38
5.9
29
48
39
5.4
39
60
52
7.6
39
73
67
10.2
29
72
71
9.6
28
67
59
8.9
27
57
64
9.7
20
46
48
7.0
25
42
42
6.6
32
44
38
6.2
26
43
41
6.3
17
62
11.1
13
47
8.3
15
37
6.9
15
41
6.4
12
41
7.5
11
45
6.7
12
47
8.6
13
53
9.9
7
51
8.8
5
45
8.5
13
42
7.4
5
32
5.2
16
27
4.9
38
'31
4.9
29
2,938
7,765
2,042
5 723
3, 056
8,119
2,079
6 040
3 102
7,737
2,038
5 699
3 102
7,920
2,039
5 881
3,049
8,326
1,973
6 353
3 149
8,036
1,948
6 088
3 137
8,879
2,006
6 873
3 127
8,879
2,070
6 809
FINANCE
BANKING
Open market paper outstanding, end of mo.:
Bankers' acceptances- ..mil. $
Commercial and finance co. paper, total
do
Placed through dealers
___ .do
Placed directly (finance paper)
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total end of mo
mil $
Farm mortgage loans :
Federal land banks
do
Loans to cooperatives
do._
Other loans and discounts
do
Bank debits:
Unadjusted:
Total (344 centers)
bil $
New York City
do
6 other leading centersl
..
do
Seasonally adjusted:
Total (344 centers)
do
New York City
do
6 other leading centersl
do
337 other centers
do
Federal Reserve banks, condition, end of mo.:
Assets, total 9
mil. $
_
Deposits, total 9
Member-bank reserve balances
Federal Reserve notes in circulation
3
2,644
7,808
2,062
5 746
2,709
7,161
2.098
5 063
2,733
7,869
2,230
5 639
2,744
8,170
2,172
5 998
2 890
6,747
1,928
4 819
5, 753
« 6, 403
6,428
6, 430
6,418
6,366
6 403
6,460
6 542
6 627
6 727
6 813
6 940
7 048
7 081
3 3, 052
3735
3 1, 966
3 3, 310
»840
3 2, 253
3,240
706
2.482
3, 259
735
2,436
3,280
848
2,290
3,291
858
2,217
3,310
840
2,253
3,333
866
2,261
3,364
849
2,330
3 406
815
2,405
3,445
786
2,496
3 481
747
2 585
3 516
757
2 667
3 551
782
2 715
3 586
787
9 707
286. 4
118.0
58.5
312.9
129.7
64.6
300 1
119.5
61.9
310 4
130.3
63.1
337 2
136.9
71.3
296 6
116 7
63.8
357 1
151 0
74.6
360 8
153.9
73.5
9
94 9
121 1
60.5
342 9
145 8
71.1
349 9
148 2
72.8
329 6
135 3
68 6
310.2
127.8
63 3
119 2
329.7
140.1
67.0
122 6
326.7
133.7
69 4
123.6
312 7
125.4
67 3
120 0
333 0
139.6
69 7
123 7
'339 9
143. 7
69 6
126.6
316. 1
129.4
65 5
121 1
331
138
68
125
350 2
146 0
72 4
131 8
327
135
67
125
8
1
7
0
334 9
140 2
67 5
126 6
r 354 o '
' 151 5 T
71 4
131 1
338 1 353 5
140 4
149 5
72 3
68 8
131 7
198 9
55, 042
55, 615
56, 336
57, 848
58, 028
56, 389
56, 928
56, 629
57, 101
57 158
57 742
57 882 '57 964
59 421
333,902 336,418
338
»63
330,820 » 33,593
315,696 3 15,237
34, 134
389
32,391
15, 291
34, 302
138
32, 563
15,309
34, 587
332
32, 758
15,310
35, 919
868
33, 667
15, 294
36, 418
63
33, 593
15,237
34, 643
364
32, 752
15,231
35, 274
570
33, 169
15, 185
35,314
130
33, 770
15, 190
35,115
116
33, 169
15, 195
36, 066
226
34, 229
15, 176
36, 589
79
34, 794
15, 185
36, 797
239
35, 051
15,188
37,111
95
35, 350
15, 190
do
356,020 « 58,028
55, 042
55, 615
56, 336
57, 848
58, 028
56, 389
56 928
56 629
57 101
57 158
57 742
57 882 ' 57 964 59 421
do
do
do
318,722 3 18,391
317,454 s 17,049
330,643 a 32,877
17 860
16, 782
31,178
18, 093
16, 772
31, 265
18, 187
16, 922
31, 472
18, 200
16, 952
32, 290
18, 391
17,049
32, 877
18 120
16, 983
31,988
18 532
17, 146
31,899
18 258
17 060
32, 088
17 913
16 629
32, 177
18 232
16 890
32,411
18 250
16 973
32, 835
18 445
17 327
33, 109
18 365
17 055
33, 330
18 396
17 121
33, 590
30.3
29.7
30.4
30.1
30.2
30.3
30.0
29.7
29.5
29.4
29.2
Ratio of gold certificate reserves to deposit and
30.8
31.2
FR note liabilities combined
percent.. 331.8 329. 7
31.0
'2 Revised.
v ^Preliminary.
_
_..,.
*1quarterly
Quarterlyaverage.
average. °» AS
i, 1964.
iyb4.
As 01
of uct.
Oct. 1,
Excludes persons under extended duration provisions (thous.): 1963—Aug., 38; Sept., 36;
Oct., 31; Nov.,
20; Dec., 9; 1964—Jan., 3; Feb., 2; Mar., 1; Apr., 32; May, 54; June, 58; July, 46;
3
Aug., 38.
End of year.
JRevised back to 1951 to incorporate adjustments as follows: Enlargement of sample;
updated seasonal factors; new weights for component indexes based on labor force in cities
6
1
4
1
' 353 6 ' 369 9 ' 319 4 340 9
142 4
151 2 r 154 5 r 128 3
69 8
72 9
65 8
70 9
356,020 3 58,028
Reserve bank credit outstanding, total 9 -do
Discounts and advances
__ _ do
U.S. Government securities
do
Gold certificate reserves
do
Liabilities, total 9 ....
3 2, 650 » 2, 890
36,000
» 6, 747
3
2, 088 « 1, 928
33,912 » 4, 819
36, 941
185
35,164
15,192
covered; and shift of index base to 1957-59=100. Monthly data (1948-62) appear on p. 24 of
the Mar. 1964 SURVEY.
0 Re visions back to 1959 are available.
tSee corresponding note, bottom p. S-13.
§Wages as of Oct. 1, 1964: Common labor,
$3.300; skilled labor. $4.812.
cfInsured unemployment as % of average covered employment in a 12-month period.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
October 1964
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
End of year
S-17
1964
1963
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
20, 558
20, 170
20 663
20, 266
Aug.
Sept.
FINANCE—Continued
BANKING— Continued
All member banks of Federal Reserve System,
averages of dally figures:
Reserves held total
mil. $ _
Required
- do
Excess
-_ _ d o _ ._
Borrowings from Federal Reserve banks _. -do
Free reserves
do
Weekly reporting member banks of Fed. Res. System,
condition, Wed. nearest end of yr. or mo.:
Deposits:
Demand adjusted^
mil. $__
Demand total 9
__do_ __
Individuals partnerships, and corp
do_ __
States and political subdivisions
do
U.S. Government
do
Domestic commercial banks
- -- -_do
Time total?
--- do. _.
Individuals, partnerships, and corp.:
Savings
^o
Othertime
- -- do
F oans (adjusted) totalcf
do
Commercial and industrial
-do
For purchasing or carrying securities
do
To nonbank financial institutions
do
Real estate loans
do
Other loans
__do
Investments total
-do
U S Government obligations total
do
Notes and bonds
- - do
Other securities
~~
-do__
120,040
119,468
1572
1304
1268
1
20,
1
746
20, 210
1
536
1327
1209
19, 719
19, 256
463
330
133
19, 945
19, 533
412
321
91
20, 003
19, 596
407
313
94
20, 114
19, 705
409
376
33
20, 746
20, 210
536
327
209
20, 675
20, 248
427
256
171
20, 148
19, 753
395
304
91
20,213
19,856
357
259
98
20, 273
19, 898
375
213
162
20, 219
19, 886
255
78
270
118
65, 843 67, 844
102, 109 104,335
71, 531 74, 513
5,125
5,338
4,749
4,556
14, 321 13,320
61, 885
95, 237
66, 320
4,902
6,229
12, 270
56, 711
63, 809
90, 875
67, 322
4,762
2,304
11,452
57, 553
63, 950
93, 771
69, 001
5,060
2,714
11,569
57,951
67, 844
104,335
74, 513
5, 338
4. 556
13, 320
59, 227
64, 940
90, 224
67, 605
4,926
1,545
10, 739
60, 276
62, 565
90, 575
65, 460
5,188
3,755
10, 810
60, 930
62, 532
95,811
66, 659
5,349
5,130
12, 192
61,446
63, 959
91,232
66, 813
5,529
2,948
10, 464
62, 223
61, 472
91,474
64, 312
5,300
4,997
11,218
63, 100
62, 664
98, 717
67, 206
5,405
7,286
11, 784
63, 112
333
388
r
20
r
564
20 151
r 413
334
r 79
20 927
20 506
421
331
90
63, 674
90, 754
66, 397
4,897
3,604
10,441
63, 921
62 689
93 372
66 168
r
5 071
'4,511
12 028
r
64 440
63 722
99 479
68 867
5 '>94
6, 951
12 318
64 719
397
265
132
50, 386
59, 227
61, 528
88, 012
64, 024
4,715
3,759
10, 710
56, 326
34, 920
9,221
82, 947
35, 351
5,928
7,365
15,519
22, 812
48, 147
32, 369
24, 514
15, 778
38, 083
13,310
92, 901
38, 793
6,621
8,595
17, 880
23, 809
48, 404
29, 018
23, 127
19, 386
36, 896
12, 181
84, 502
35. 204
5,044
7,447
17, 269
23, 496
46, 624
27, 683
23, 724
18,941
37, 342
12, 013
87, 366
36, 145
6, 229
7,731
17, 455
23, 647
47, 618
28, 367
23, 400
19, 251
37, 534
12, 639
86, 598
36, 296
5,407
7,243
17,651
24, 097
47. 156
27, 990
23, 150
19, 166
37, 699
12,796
88, 578
37, 254
5, 852
7,226
17, 846
24, 874
46, 720
27, 926
23, 328
18, 794
38, 083
13, 310
92, 901
38, 793
6,621
8, 595
17, 880
23, 809
48, 404
29,018
23, 127
19, 386
38, 131
14,057 '
89, 122
37, 195
5,929
7,339
17, 991
24, 606
46, 746
27, 759
22, 362
18, 987
38, 291
14, 390
89, 875
37, 590
5,695
7,511
18, 161
24, 664
46, 972
27, 591
23 260
19, 381
38, 704
14,418
92, 002
38, 308
6,033
8,179
18, 366
25, 939
46,371
26, 870
22, 680
19, 501
38, 437
14, 950
92, 208
38, 057
5,952
7,881
18, 520
26, 029
46, 472
26, 713
22, 752
19, 759
38. 726
15, 468
93, 658
38, 243
6,598
8,013
18, 706
26, 010
46. 133
96 567
22, 588
19,566
39, 053
15, 360
96, 022
38, 785
6,903
8,887
18, 936
26, 975
46, 698
26 621
22, 420
20, 077
39, 168
15,943
94, 568
38, 498
6,384
8,064
19,120
27, 125
45, 764
25 701
22, 104
20,063
39 477
16, 000
r 96 015
r
39
091
r
6, 505
r 8 340
r
19 320
'27 124
'46 931
r 26 392
••22 184
•• 20 539
39 873
15, 854
97 784
39 953
6, 796
8 558
19 533
26 982
48, 094
27 207
21 955
20,887
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates), seas, adjusted:!
Total loans and investmentsO
bil. $
LoansQ
- - -do
TT S Government securities
do
Other securities
__do__
228.3
133.9
65.2
29.2
246.5
149.4
62.1
35.0
239.2
143.6
62.0
33.6
241.5
145.4
62.2
33.9
241.2
146. 1
60. 8
34. 3
244.2
148.4
61.4
34.4
246.5
149.4
246.7
151.0
35. 0
34.9
248.4
151.8
61. 2
35.4
251.4
153.9
62. 1
35. 4
251.8
155.4
60. 8
35.6
253. 5
157.3
60.3
35.9
255.1
158.9
59.9
36.3
254.2
159.5
58.3
36.4
258.4
161.3
60.0
37.1
261.7
163.0
61.2
37.5
Money and Interest rates: §
Bank rates on short-term business loans:
In 19 cities
percent-New York City
- do_. .
7 other northern and" eastern cities
do
1 1 southern and western cities
do__ .
2 5 00
2 4'. 78
25.01
2 5 32
2
3.00
4.05
35.56
3.50
34.26
35.50
3.50
4.28
5.50
3.50
4.44
5.50
3.50
4. 50
5.50
3.50
4. 51
5.50
3.50
3.50
5.50
5.50
3.50
4. 62
5.50
3.50
4.63
5.50
3.50
4. 70
5.50
3.50
4.73
5.50
3.50
4.74
5.50
3.50
4.74
5.50
3.50
4.74
5.50
3 5 84
35.98
5.82
5.93
5.81
5.94
5.82
5.93
5.82
5.97
5.80
5.98
5.83
5.98
5.81
5.95
5.79
5.94
5.79
5.92
5.77
5.92
5.76
5.89
5.76
5,93
5.77
5.90
3.63
3.88
3.63
4.50
3.63
3.88
3.72
4.50
3.71
3.88
3.75
4.50
3.63
3.96
3.84
4.50
3.70
3.97
3.82
4.50
3.75
3.88
3.76
4.50
3.75
4.00
3.83
4.50
3.80
3.91
3.80
4.50
3.75
3.89
3.76
4.50
3.75
4.00
3.88
4.50
3.75
3.96
3.81
4.50
3.75
3.88
3.76
4.50
3.75
3.89
3.75
4.50
3.379
3.88
3.453
3.91
3.522
3.97
3.523
4.04
3.529
4.06
3.532
4.02
3.553
4.15
3.484
4.18
3.482
4.07
3.478
4.03
3.479
3.99
3.506
3.99
3,533
4.03
25, 154
466
25, 236
461
25, 368
456
25, 693
452
25, 940
447
26, 089
436
26,411
430
26, 421
425
26, 585
421
26, 900
415
27, 051
411
27, 272
407
27, 606
403
67 746
52, 695
22, 107
i ^ nd.fi
3,407
14, 135
69 890
53, 745
22, 199
69 203
53, 597
22, 189
13 638
3,354
14,416
68 786
53, 552
22, 271
13 467
3,335
14,479
68 913
53, 795
22, 471
13 451
3,321
14, 552
69 816
54,382
22, 830
7n Qd.^
55, 120
23, 255
3,328
14, 748
3,364
14, 902
71 907
55, 914
23, 702
13 730
3,395
72 456
56, 496
24, 024
13 813
3,426
73, 069
57, 055
24, 251
13 923
3,466
15 415
Discount rate, end of year or month (N.Y.F.R.
Bank)
-percent-
3
Home mortgage rates (conventional 1st mortgages) : *
5.00
4.76
5 01
4.81
5.01
5 30
5 01
24.79
25.01
2
5 30
Open market rates, New York City:
33.01
3.59
33.36
Bankers' acceptances (prime, 90 days)._.do
3
3.26 33.55 . 3.72
Commercial paper (prime, 4-6 months), .do
3.57
33.07
33.40
Finance Co. paper placed directly, 3-6 mo__do
34.50 34.50
4.50
Stock Exchange call loans, going rate
do
Yield on U.S. Government securities (taxable): 3
3.320
3-month bills (rate on new issue)
percent.. 2. 778 33. 157
33.57 33.72
3.81
3 5 year issues
- do _
Savings deposits, balance to credit of depositors:
N. Y. State savings banks, end of yr .or mo-.mll. $._ 23,917 25, 693 24, 862
452
539
472
U S postal savings ^
do
4.99
4.77
5. 02
5.29
5.29
4 99
4.74
5.03
5.29
4 98
4.72
5.01
5.31
3.50
CONSUMER CREDIT*
(Short- and Intermediate- term)
Total outstanding, end of year or month
Automobile paper
Other consumer goods paper
Repair and modernization loans. _
Personal loans
By type of holder:
Financial institutions, total Commercial banks
Sales finance companies
Credit unions
Consumer finance companies
Other
Retail outlets total
Department stores
Furniture storesAutomobile dealers
Other
48, 034
19, 540
12,605
3,246
12, 643
53, 745
22, 199
51, 526
21,819
66 538
51,718
21, 725
67 088
52, 257
21,971
3,389
14, 391
3,357
13, 743
3,377
13, 914
3,400
14,041
41, 782
do
19, 005
do
12, 194
do
4,902
do
.do __ 41 ^ii
1,550
do
6 252
do
3,013
do
do _ _ . 1,073
345
do__
1,821
do
15 130
5 456
do
4 690
do
766
do
46, 992
21, 610
13, 523
5,622
4 590
1,647
6,753
3,427
1,086
328
1,912
16, 145
5,959
5,047
912
45, 375
21,101
12, 906
5,412
4 329
1,627
6,151
3,107
1,004
341
1,699
14, 782
5,789
4,879
910
45, 687
21,145
13, 073
5,458
4 381
1,630
6,031
3,025
1,009
321
'1,676
14 820
5,844
4,927
917
46,161
21,391
13, 187
5,529
4 425
1,629
6,096
3,077
1,015
325
1,679
14, 831
5,830
4,952
878
mll.$_.
do
do
do
do _
Single-payment loans total
Commercial banks
Other financial institutions.
T
Revised.
1
2
3
Average for Dec.
Quarterly average.
Monthly average.
d"For demand deposits, the term "adjusted" denotes demand deposits other than domestic commercial interbank and U.S. Government, less cash items in process of collection;
for loans, exclusive of loans to domestic commercial banks and after deduction of valuation
reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
9 Includes data not shown separately.
IData have been revised as follows: Commercialfor
bank
credit (seas. adj. only), back to 1948; consumer credit—unadj., back to 1962;
Digitized
FRASER
1 ^ 7fifi
3,389
14, 391
1 *3 47fi
46, 462 46, 992 47, 300 47, 454 47, 653 48, 191 48, 824 49, 543 50, 082 50, 583
21, 486 21,610 21,630 21, 799 21,919 22, 224 22, 559 22, 907 23, 176 23, 389
13, 302 13, 523 13,840 13, 788 13, 802 13, 893 14, 027 14,228 14, 359 14, 475
6,204
6,014
6,109
5,622
5,584
5,668
5,607
5,776
5,569
5,889
4,797
4,701
4,748
4 592
4 590
4 597
4 461
4 595
4 628
4 657
1,718
1,693
1,690
1,654
1,667
1,647
1,644
1,665
1,670
1,692
6,472
6,414
6,371
6,142
6,753
6,297
6,098
6,191
6,233
6,296
3,332
3,231
3,267
3,063
3,*044
3,172
3,427
3,106
2,949
3,182
1,044
1,028
1,037
1,022
1,086
1,065
1,032
1,047
1,013
1,020
363
355
360
334
328
328
340
326
330
348
1,733
1,750
1,757
1,912
1,841
1,742
1,732
1,772
1,703
1,746
15,051 16, 145 15, 606 15, 234 15,118 15, 434 15, 825 15, 993 15, 960 16,014
6,299
6,233
6,218
5,959
6,002
5,958
6,048
5,894
5,900
6,206
5,335
5,313
5,329
5,047
5,036
5,076
5,152
4,991
4,987
5,230
964
920
889
912
922
896
926
909
907
976
seas, adj., back to 1960. Revisions are available as follows: Commercial bank credit
1948-63, in the June 1964 Fed. Res. Bulletin; consumer credit—1962 unadj., in the Nov. 1963
Fed. Res. Bulletin; 1960-62 seas, adj., on p. 28 of the June 1964 SURVEY.
©Adjusted to
exclude interbank loans.
§ For bond yields, see p. S-20.
•New series (FHLBB); data prior to Dec. 1962 not available.
IData are as of end of
consecutive 4-week periods ending in month indicated, except June figure which is as of June
30 (end of fiscal year).
SUEVEY OF CUKRENT BUSINESS
S-18
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1964
1963
1963
Monthly
average
October 1964
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
4 805
4 833
610
3,667
556
4,553
5 099
626
3.910
563
4,520
5 238
610
4,028
600
4,522
5 940
576
4,008
656
4,502
5 231
588
3,960
683
4 484
May
June
July
Aug.
Sept.
FINANCE—Continued
CONSUMER CREDITt— Continued
Total outstanding, end of year or month— Con.
Nonin stallment credit— Continued
Department stores
Other retail outlets
Credit cards _
__do
-- - do
- --do
Installment credit extended and repaid:
Un adjusted:
Extended total
..do
Automobile paper
_ -do
Other consumer goods paper
do ._
All other
do
Repaid total
do.__
Automoblle paper
do
Other consumer good1* paper
do
All other
-- do
Seasonally adjusted:
Extended total
do
Other consumer goods paper
All other
"Repaid total
.
Automobile paper
All other
5,684
927
4, 252
505
3,990
5,871
895
4,456
520
4, 315
4,839
579
3,713
547
4,154
4,833
620
3, 667
546
4,143
4,898
639
3,743
516
4,103
4 999
667
3,817
515
4,158
5 871
895
4,456
520
4,315
5 339
782
4,014
543
4,367
655
3,590
560
4,471
4 634
614
3,485
535
4,482
4,594
1,650
1,307
1,637
4,218
1,456
1,245
1,517
5.068
1,834
,417
,817
,593
,613
,320
1,659
5,242
1,839
1,456
1,947
4,610
1,613
1,308
1,689
4, 755
1,524
1,384
1,847
4, 563
1, 618
1,289
1, 656
5,487
2,040
1,547
1,900
4,948
1,794
1,404
1,750
4,981
1,734
1,517
1,730
4,543
1.598
1,316
1,629
5,974
1,767
2,094
2,113
4,924
1,675
1,374
1,875
4,784
1,689
,380
,715
4,932
,699
,508
,725
4,552
1,686
1,212
1,654
4.597
1.604
1,383
1.610
5,322
1,983
1,488
1,851
5,079
1,783
1,504
1,792
5, 578
2,127
1,495
1,956
4,991
1,768
1,470
1,753
5,584
2,137
1,547
1,900
4,846
1,712
1, 424
1,710
5,949
2,245
1,632
2,072
5,155
1,798
1,501
1, 856
5,747
2,166
1,543
2,038
5,165
,844
,460
,861
5, 519
1,984
1,540
1,995
4,960
1 757
1,430
1,773
5,100
,802
,441
,857
,619
,607
,326
,686
5,093
1,730
1, 425
1,938
4,752
1, 659
1,347
1,746
5,311
1,910
1,457
1,944
4,780
1, 676
1,362
1,742
4,979
1,792
1.432
1,755
4,596
1.638
1,324
1,634
5,272
1,914
1,523
1,835
4,812
1,707
1,384
1,721
5,276
1,888
1,493
1,895
4,848
1,684
1,441
1,723
5,421
1,953
1,578
1,890
4,842
1,716
1 395
1,731
5,480
1 942
1 665
1,873
4,956
1 735
1 468
1 753
5,371
1,961
1,544
1,866
4,959
1, 759
1 453
1,747
5,552
2 023
1,589
1,940
5, 059
1 776
1 483
1,800
5,399
1,962
1,537
1,900
5,029
1,768
1,486
1,775
541
996
546
1 999
5,058
1 781
1 448
1 829
5 529
2 017
1 570
1 942
5,094
1 789
1 496
1 809
11,652
4,423
9.549 10, 740
2,102 -6,318
9,617
9,812
-194
10, 503
6,628
10, 069
9,848
433 -3,219
11, 525
9,393
2,132
8,334
12, 168
9,390 10, 163
2 778 -1,829
10, 652
9,533
1,119
14, 286
4 745
10, 290 10,217
3,996 — 5 472
10, 552
11,218
— 666
do
do
do
do
do
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public:^
Receipt^ from
- mil. $__
Pavment" to
-- do _
Excess of receipt^ or payments ( — )
do __
Seasonally adjusted quarterly totals: §
"Receipts
do
Excess of receipts, or payments (— )
Budget receipts and expenditures:
"Receipts, total
_. ..Receipt^ netf
Customs
-.
8, 850
9,323
-472
9,381
9,763
-382
10, 960
11,287
-328
28, 472
30 395
-1,923
do
_ _ d o __
do _ _
do —
Corporation Income taxes
do
Employment taxes
._
_ __
._ -_do __
Other Internal revenue and receipts
do
Expenditures, totall
do
8,983
7,059
103
4,340
1,821
1,108
1, 612
7 659
796
442
4, 425
2,052
\ 7 pf-pr fuiv;' services and benefits
do
National defense
_do__
All other expenditures
do
Public debt, nnd guaranteed obligations:
Gross debt (direct), end of mo., total.
bil. $__ 303. 47
1299.21
Interest bearing, total
do
l 255. 7S
Public issues
__ _ __
-do
i 11.99
Held by U.S. Govt. investment accts.do
Special issues
_
_ do _ _ i 43. 43
Noninterest bearing
_
- do _. 1 4.26
Guaranteed obligations not owned by U.S. Treasury, end of month
bil $
U.S. savings bonds:
Amount outstanding, end of month _ _ d o
Sales, series E and H
do
Redemptions
__ do__
28, 438
29, 341
-903
29, 668
30, 491
-823
28, 976
29 962
-986
9,559
6,609
109
5,895
684
1, 106
1 765
7,930
895
415
4,564
2, 071
10, 5?5 "14, 438
6,136 pl2,310
100
5,398 P 4, 810
491 p 6, 196
2, 864 p 1, 460
9,523
7,293
105
4,525
1,897
1,346
1,650
7 849
852
439
4,414
2,189
9,977
7,290
108
5, 785
386
2,064
1, 633
8 305
850
466
4,469
2,572
11,722
10, 095
104
5,350
3, 603
1,098
1, 567
7 815
856
438
4,215
2,334
4,371
3,400
123
1,651
557
468
1, 571
8 776
865
463
4,710
2,750
8,911
7,131
106
5,541
396
1,440
1,428
7 784
863
454
4,081
2,386
10, 379
8,803
103
3,582
3,726
1,147
1,820
8 289
903
455
4, 515
2,442
6,580
5,853
101
3,873
583
404
1309.35
306. 54
306. 64
306. 44
308. 22
309. 35
308. 58
310. 36
309. 59
307. 60
311.53
1305.21
1261.56
1
14. 14
i 43. 66
14.13
302. 52
257. 01
13.21
45.52
4.01
302. 66
258. 01
13.48
44.65
3.97
302. 46
259. 18
13.76
43.28
3.98
304. 09
260. 54
14.01
43.55
4.12
305. 21
261. 56
14.14
43.66
4.13
304. 50
262. 58
306. 13
263. 25
14. 39
42.88
4.22
305. 40
262. 18
14. 23
43.22
4. 18
303. 38
261. 38
13. 93
42.00
4.22
307. 21
262. 18
14. 16
45.03
4. 32
1 fil Q
8,492
925
481
4,348
41.92
4. 08
12, 235
8,047
87
6,975
451
2, 835
1 887
7,521
880
450
4, 365
1, 946
13, 961
10, 148
108
3,991
6, 654
1, 579
7,871
907
455
4,378
2, 143
1 £79
5,131
3,487
120
1,549
646
624
9,662
6, 653
112
4,967
419
2,338
7,410
957
442
3, 542
2, 946
8 083
913
479
3,789
2, 986
311.71
311.18
314.09
315. 61
307. 36
260. 73
14.34
46.63
4.36
306. 86
261. 12
14.02
45.74
4.33
309. 62
262.18
14.20
47.44
4.46
311.12
263. 76
P j 855
7,511 p9, 513
p 948
899
p 500
449
4, 666 p 5,677
r
r
47.37
4.49
i .74
.67
.69
.71
.72
.74
.76
.79
.82
.80
.80
.81
.82
.85
.89
i 47. 87 i 49. 03
. 36
.40
.47
.42
48.70
.40
.39
48.74
.35
.42
48. 82
.39
.42
48.93
.33
.34
49.03
.36
.39
49.11
.47
.53
49.21
.41
.43
49.26
.40
.48
49.30
.38
.45
49.37
.37
.41
49.44
.38
.45
49.50
.39
.47
49.57
.36
.41
49.63
.36
.43
138.36
138. 76
139. 61
140.21
140. 90
141.87
142. 53
143. 07
143. 68
144. 31
144. 96
145. 82
146.48
65.72
5.81
3.94
16.49
3.48
30.23
65.79
5.82
3.89
16.46
3.47
30.33
66.08
5.83
3.89
16.47
3.46
30.62
66.36
5.79
3.89
16.48
3.45
30 98
66.10
5.76
3.88
16.43
3.43
30 94
66.63
5.78
3.86
16.44
3.42
31.41
66.79
5.80
3.86
16.42
3.42
31.46
66.76
5.73
3. 85
16.44
3.41
31.51
66.91
5.69
3.85
16.43
3.41
31.64
67.11
5.73
3.83
16.47
3.40
31.76
67.12
5.63
3.82
16.47
3.39
31.90
67.69
5.76
3.81
16.51
3.41
32 18
67.74
5.76
3.82
16.49
3.41
32. 22
5 58
2.31
3.18
49.81
46.06
4.37
6 65
1.32
6.11
5 68
2.34
3.25
50.54
46.75
4.35
6 69
1.44
6. 10
5.74
2 35
3.29
50. 83
47.01
4.37
6.73
1.28
6.29
5 77
2.35
3.32
51.13
47.27
4.38
6.77
1.27
6.43
5 85
2.36
3.39
51.44
47.52
4.39
6.82
1.28
6.53
5 90
2.37
3.43
51.81
47. 82
4.40
6.87
1.17
6.61
5 94
2.39
3.44
52.12
48.08
4.42
6.91
1.18
6.64
6 02
2.42
3.49
52.47
48.38
4.44
6.96
1.26
6.71
6 06
2.48
3.47
52.83
48.71
4.45
6 95
1.25
6 60
6 13
2.53
3.49
53.17
49.01
4.46
6.99
1.35
6.64
731.3 1.083.0
307.5
369.7
67 4
73 1
11.5
14.8
71.9
74.4
127 1
163 5
145.9
387.5
885.8
400.3
78.7
12.6
93.2
151.5
149.5
838.2
364. 6
72.1
12.1
77.4
146 6
165. 4
938.0
397.6
81.3
13.8
82.5
167.3
195.5
885.5
386. 5
75.5
13.7
79.6
158 5
171.7
830.2
356.9
72.0
13.7
75.0
147 8
164.8
917.4
377.7
78 1
14.4
79.5
165 7
202.0
857.8
370.4
69 1
11.9
82 8
150 5
173.1
840.7
355.9
66 5
12.1
77. 1
143 4
185.7
1.52
LIFE INSURANCE
institute of Life Insurance:
Assets, total, all U.S. life Insurance companies §
bil. $_. i 133.29
Bonds (book value), domestic and foreign,
i 63. 72
total
bil $
16.17
U S Government
do
14.03
State county municipal (U S )
do
i
16.51
Public utility ( U S )
do
13.48
Railroad (U S )
do
i 28. 64
Stocks (book value), domestic and foreign, total
5 56
i 6 30
5 50
5 56
bil $
2.29
2.29
12.18
2.30
Preferred ( U S )
do
3.11
3.18
14.03
3.17
Common (U S )
do
49.54
48. 96
146.90
49.23
Mortgage loans, total
do
45.80
45.29
45. 52
i 43. 50
Nonfarm
do
4.36
4.31
4.34
14.11
Real estate
do
6.62
6.55
i 6.23
6.58
Policy loans and premium notes
do
1.34
1.25
i 1.46
1.34
Cash
do
6.11
5.92
i 4. 57
6.07
Other assets
do
Payments to policyholders and beneficiaries in
777.1
835.7
798.5
860.7
780.6
U.S., total.
_
__.
mil $
323.2
350.7
343.8
324.6
368. 1
Death payments
do
59.5
63.8
70.6
67.4
64. 7
Matured endowments
do
11.8
13.1
12.9
12.7
12.6
Disability payments
do
69.8
75.1
71.9
Annuity payments.
do
62.3
76.0
147.7
143.7
Surrender values
do
154.
1
149
4
149 1
Policy dividends
do
165. 0
183.5
181.9
180.4
143.0
r
Revised.
p Preliminary.
i End of year; assets of life insurance companies are
annual statement values.
JSce similar note on p. S-17.
d*Other than borrowing.
§Revisions available upon request are as follows: Net cash transactions with the public
(seas,
adj.),
1962-lst
qtr.
1963;
assets
all
life
insurance
cos.,
Jan.-July
1963.
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1Data for net receipts and total expenditures reflect exclusion of certain interfund transactions.
SURVEY OF CURRENT BUSINESS
October 1964
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
S-19
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
7,563
5,336
1,609
618
8,553
6,124
1,798
631
9,090
6,308
2,174
608
7,987
5,913
1,427
647
8,917
6, 155
2,140
622
7,695
5, 836
1,286
573
7,791
5,543
1,643
605
1,188
893
188
107
1,163
868
188
108
Sept.
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:
Insurance written (new paid-for Insurance): I
Value, estimated total
_
_ mil.$__
Ordlnarv
do
Group and wholesale
do
Industrial
do
Premiums collected:!
Total life insurance premiums
Ordinary
Group and wholesale
Industrial
6,631
4,686
1,358
587
7,455
5, 284
1,574
596
7,082
5,149
1,339
594
7,361
5,099
1,662
600
1,052 '1,134 '1,133 '1,072
778
','847
'802
-•849
155
'169
'163
'176
' 117 ' 108 '107
120
do
do
do
do
7,537
5,548
1,388
601
9,281
6,096
2,651
534
6,932
5,070
1,350
512
'1,162 '1,075
'881
'817
'152
'172
105
' 109
'1,376
'946
'209
'221
'1,175
'892
'176
'107
' 1,153 '1,195 '1,164 '1,144
'861
'875
'908
'884
' 166 '180
176
'175
'112
'103
'108
'107
'1,183
'890
'191
'102
15, 583 15, 582
107
-23
28, 139 28, 416
2,094
1,749
15,513
94
28, 142
2,489
15, 512
55
56,294
2,404
15, 462
15
84, 438
2,011
15,461
109
28, 334
2,357
15,462
49
56, 307
1,813
15, 463
-21
28, 155
1,855
15, 461
-48
4
2,379
8,406
5,996
1,764
646
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end ofyr.ormo.)_mil. $__ 1 15, 978 U5, 513
-21
-66
Net release from earmark!
do
31, 747 16, 982
"Exports
thous $
12, 578
3,701
Imports
do
Production world total
South Africa
Canada
United States
Silver:
Exports
_
Imports
Price at New York
Production:
Canada
Mexico
United States
mil $
do
do
do
2 107. 9 2112.5
74.4
80.0
12.1
11.6
4.3
4.5
15, 582
15, 582
-44
83
7,566
56, 286
1,321
81.7
11.7
80.9
11.5
82.0
12.2
81.6
11.7
78.6
10.8
78.7
10.7
79.9
9.8
84.9
10.3
82.3
11.6
10.7
10.8
11.3
6,341
6,707
1.293
0
15,462 '15,460
11
43
0
28, 146
2,082
1,799
1,262
6,208
1. 084
3,480
5,910
1.279
1,624
4,865
1.288
2,945
6,798
1.293
5,756
7,178
1.293
11, 439
4,658
1.293
3,780
6,433
1.293
5,230
6,638
1.293
7,010
6,189
1.293
4,623
6,007
1.293
11,310
3,097
1.293
3,883
7,168
1.293
4,672
5,010
1.293
thous. fine oz__ 2,566
3,437
do
* 3, 029
do
2,487
3,286
3,843
2,908
3.350
3,328
2,285
3,245
3,707
2,707
2,542
3,218
2,890
3,489
3,682
2,263
3,373
3,593
2.550
3,321
3,000
1,986
3,924
4,150
2,224
3,049
3,776
2,372
3,444
3,996
2,673
2,839
3,974
2,711
4,879
3,603
135.3
'37.7
35.8
35.9
36.2
37.2
37.7
36.2
36.3
36.8
36.9
37.2
37.7
37.8
38.0
5 146. 2 55 150. 6
31.5
«30. 1
5 116. 1 s 119.0
5
91.1 s 105. 5
55.9
55.9
149.2
31.9
117.3
107. 5
6.3
150.6
31.9
118.6
108.3
6.6
152. 5
32.1
120.4
109.5
5.3
154. 8
32.6
122.1
110.2
4.4
157.2
33.1
124.1
111.0
5.2
157.8
32.4
125.4
113.2
4.2
153.8
32.3
121.5
114.6
4.8
152.9
32.6
120.3
115.7
6.1
155.0
32.7
122.3
116.7
4.2
152. 4
33.0
119.4
118.1
6.9
153.6
33.3
120.3
119.2
7.8
155.2
33.7
121.5
120. 1
7.0
155.1
33.8
121.3
121.1
6.4
151.2
31.8
119.5
107.1
151. 6
31.9
119.7
108.1
152.3
32.0
120.3
109.3
153.5
32.3
121.2
111.1
153.2
32.4
120.7
112.3
153.8
32.6
121.2
113.9
153.8
32.7
121.1
115.1
154.2
32.9
121.3
115.7
154.5
33.0
121.5
116.4
154.5
33.3
121.3
117.4
155.6
33.4
122.1
118.5
156.7
33.5
123.3
119.4
157.2
33.7
123.5
120.6
44.9
88.9
44.2
29.5
46.8
96.9
46.7
29.9
46.2
87 2
48^4
30.1
43.6
80.7
46.0
29.0
46.3
89.0
47.5
29.8
47.1
92.1
47.8
30.6
44.8
86.2
45.4
29.5
46.7
91.6
46.9
30.1
49.1
95.5
49.3
31.6
46.8
90.9
47.6
30.4
thous $
do
dol per fine oz
Currency In circulation, end of yr. or mo
bll. $_.
Money supply and related data (avg. of daily fig.):t
Unadjusted for seas, variation:
Total money supply
bil $
Currency outside banks
do
Demand deposits
do
Time deposits adJustedK
_
do
U.S. Government deposits
do
Adjusted for seas, variation:
Total money supply
Currency outside banks
Demand deposits
Time deposits adJustedH
3
do
do
do
do
Turnover of demand deposits except Interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (344 centers)
ratio of debits to deposits
New York City
do
6 other centers d"
do
337 other reporting centers
do
41.5
77.8
41.2
27.7
44.3
84.8
44.6
29.0
47.5 '49.6
94.5 ' 100. 2
47.1
49.1
30.5
31.2
6,466
5,184
1.293
'47.1
'92.8
47.1
'30.6
15,463
1.293
48.0
97.0
49.0
30.7
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
64,430 M,871
Net profit after taxes, all industries. ._
mil. $
6362
6342
Food and kindred products
do
6
88
688
Textile mill products
.... _ _ ^do
Lumber and wood products (except furniture)
6
4
1
662
mil.$__
6
6 158
Paper and allied products ___ _
do
157
6560
607
Chemicals and allied products
do
Petroleum reflnine
do
6809
958
Stone, clav, and glass products
do
6145
148
141
Primarv nonferrous metal
do
6133
234
Primary iron and steel
_ do
6180
Fabricated metal products (except ordnance,
6152
167
machinery, and transport, equip.)
mil. $
Machinery (except electrical)
do
358
6327
6305
325
Elec. machinery, equip., and supplies
do
Transportation equipment (except motor
6
6 111
vehicles, etc.)
. _
mil $
110
6
6
572
Motor vehicles and equipment
do
640
6
All other manufacturing industries
do
6508
510
Dividends paid (cash), all Industries..
do
Electric utilities, profits after taxes (Federal Reserve)}
mil $
Transportation and communications (see pp S-23
and S-24).
8
2, 320 6 2, 467
6516
6 546
2,496
2,635
4,785
417
97
5,461
397
103
5,121
341
85
6,121
400
108
96
153
606
938
204
129
184
55
194
636
1,117
145
160
265
61
162
630
1,022
70
174
262
93
194
765
960
217
200
325
202
362
312
171
363
370
152
416
323
227
553
361
114
365
607
109
807
570
111
822
489
150
945
622
2,164
3,131
2,410
2 600
529
532
660
542
SECURITIES ISSUED
Securities and Exchange Commission: t
Estimated gross proceeds, total..
_ _ mil $
By type of security:
Bonds and notes, total
do
Corporate
do
Common stock
do
Preferred stock.
_.
do
2,352
747
109
35
1,980
1,673
2,977
2,521
2,852
1,880
1,586
992
906
656
784
85
91
61
81
29
39
5
34
r
2
Revised.
1 End of year.
Estimated; exclu3 3es U.S.,3.R., oth er Easte rn Euro]3ean
countries, China Mainland, and North Korea.
Effectiv e Aug. 1962 for s Iver in (jommercial bar form (priced H cent higher than on forme r basis; y o cent higher effe stive No^7.15,
1962).
4 Based on refinery production (U.S. Bu. of Mint data); not com parable with
5
later figures shown, which are from Amer. Bu. of Metal S tatistics.
Ave rage of claily
figures.
6 Quarterly average.
2,312 2,482
2,022
4,930
2,121
2,486
2,267
3,056
4, 199
2,229
1, 958
1,933
2,360
2,031
3, 559
2,119
2,261
2,686
1,070
732
1,376
863
621
863
714
668
1,008
1,091
683
53
106
95
80
87
1,349
167
98
289
65
54
30
8
3
23
50
57
82
64
JRev isions wi 11 be sho wn later as follow s: Insunmce writ ten for J an. -Apr. 1963 (all series)
and 19(>2 (total and ordi nary); pr einiums collected , Jan-Ju y 1963; r>rofits of electric i itilities,
1962; se curities i ssued, 19 61-62, R evisions back to 1947 for m oney su\ >ply and related ( at a are
availab lein the June 196 4 Fed. R es. Bulle in; thes 3 revision s result i roin adjiistments to new
bench n larks an 1 from revisions o f seasona 1 factors 3eginnin g 1955.
§Orincrease in earmar ked gold (-).
1 Time cleposits a t all commercial 1 Danksotr er than
those c ue to do mestic c ommerci il banks and the U.S. Go vt.
cf Includes5 Boston PhiladelphiEi, Chicag o, Detro t, San F rancisco, and Los Angeles
2,117
SUEVEY OF CURRENT BUSINESS
S-20
1962
Unices otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963
1963
Monthly
average
October 1964
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commisslont — Continued
Estimated gross proceeds — Continued
By type of Issuer:
Corporate total 9
mil.$-Manufacturing
do
Extractive (mining)
do
Public utility
do
Railroad
do _
Communication
do
Financial and real estate
do
892
271
17
235
19
109
158
1 020
295
18
222
36
91
260
756
279
13
124
8
97
161
871
287
6
79
51
40
358
1 116
247
18
278
17
46
453
891
226
17
174
27
16
345
1 459
531
2
203
44
65
426
985
166
54
137
30
159
335
710
128
10
161
35
84
113
805
165
30
195
24
36
329
2,234
195
45
174
48
1,385
270
1,155
217
14
501
25
27
232
1,461
374
20
271
22
269
459
892
225
8
227
54
24
285
812
203
22
175
7
31
311
1,604
716
713
1,615
601
842
1 224
398
726
802
347
452
1,861
394
1,282
1,226
333
688
853
357
483
1 497
474
1 006
1 312
413
810
1 316
399
844
2,696
1 444
1,204
1,112
367
660
1,595
383
900
1,593
387
922
3,387
2,449
767
875
1,007
745
862
1,101
879
1 444
972
702
796
2,215
1,141
1,441
877
801
687
471
216
63
126
749
450
299
127
130
566
269
297
107
71
730
373
357
67
65
912
368
544
88
100
606
354
252
61
212
1 098
674
424
30
316
845
473
372
43
85
523
330
193
17
162
677
341
336
42
77
2 094
1,788
306
37
83
953
662
292
72
116
1,292
720
572
63
86
716
455
262
81
80
620
307
313
72
109
713
397
842
457
726
567
452
283
1,282
427
688
613
483
259
1,006
267
810
470
844
593
1,204
869
660
515
900
393
922
222
'767
'458
1
405 1 1461
4, 149 1 5, 541
1,210
1,216
i 2, 820 i 4, 481
406
5 057
1 093
3,956
431
5,356
1,180
4,169
423
5,524
1,176
4,251
478
5,621
1,211
4,485
461
5 541
1 210
4 481
464
5 546
1,262
4,251
465
5,405
1,199
4,191
474
5,387
1,231
4,156
458
5 531
1 165
4 428
448
5,458
1,138
4,475
466
5,388
1,146
4,431
451
5,314
1,114
4,395
465
5,207
1,077
4,281
96.2
112.1
96.8
111.3
96 5
111 4
95.9
110.7
95.9
109.9
95.9
108.5
95 4
109 5
95.3
111 2
95.7
112.3
95.2
109.9
94 6
110 3
94.7
111.6
94.9
111.8
95.2
112.1
95.3
111.8
86.94
86.31
86 45
85.77
85.50
85.03
84 64
84.42
84.60
84.10
83 84
84.38
84.70
84.70
84.59
144. 14
148. 83
145. 04
137. 82
128 95
120 99
120. 86
113.87
131. 47
121. 30
162. 77
158. 36
32° 41
240 58
286 79
253 71
230. 97
213. 65
253. 06
240. 93
288 43
228 37
257. 85
236. 45
242. 25
229. 17
247. 56
227. 28
197. 81
186. 44
138. 80
143. 27
138. 94
132. 17
123 41
116 29
113.14
107. 96
122. 60
114. 33
158. 16
153. 92
317 40
235 87
280 62
248 73
226. 21
209.23
244. 06
232. 30
282 05
222 06
252. 29
231. 22
235. 66
221. 26
238.63
218. 63
190. 38
178. 75
121. 21
123. 61
106. 74
94.41
107. 04
173. 13
234. 32
284.85
226. 12
212. 95
226. 94
200. 45
215.15
190. 12
166. 90
205.15
4.62
4.50
4.50
4.52
4.52
4.54
4.55
4.56
4.55
4.56
4.58
4.59
4.59
4.58
4.57
4.57
4.33
4.47
4.65
5.02
4.26
4.39
4.48
4.86
4
4
4
4
29
40
48
83
4.31
4.41
4.50
4.84
4.32
4.43
4.51
4.83
4.33
4.44
4.54
4.84
4
4
4
4
35
46
54
85
4.37
4 49
4. 56
4.83
4.36
4 46
4.56
4.83
4.38
4 47
4.56
4.83
4
4
4
4
40
49
59
85
4.41
4.50
4.60
4.85
4.41
4.51
4.60
4.85
4.40
4.50
4.58
4.83
4.41
4.49
4.57
4.82
4.42
4 48
4.55
4.82
4.47
4.51
4.86
4.42
4.41
4.65
4 45
4 42
4.63
4.46
4.44
4.65
4.47
4.44
4.66
4.47
4.45
4.68
4 48
4 49
4 68
4 50
4 51
4.68
4 48
4 51
4 67
4 49
4 51
4.67
4 53
4 53
4 69
4.54
4.53
4.69
4.54
4.55
4.70
4.52
4.54
4.68
4.52
4.54
4.65
4 52
4 53
4.65
3.14
3.18
3 18
o OQ
3 15
3 22
3.19
3.27
3.24
3.32
3.31
3.41
3 26
3 34
3. 13
3.23
3 17
3 17
3 32
3.32
3 26
3 29
3.16
3.21
3.20
3.20
3.19
3.18
3.19
3.20
3 26
3.95
4.00
3.99
4.04
4.07
4.10
4 14
4. 15
4 14
4.18
4.20
4.16
4.13
4.13
4.14
4.16
Noncorporate, total 9 _ _ .. _ _
do
U S Government
do
State and municipal. .
. do
New corporate security Issues:
Estimated net proceeds, total-- __--do
Proposed uses of proceeds:
New money total
do
Plant and equipment
do
Working capital
do
Retirement of securities
do
Other purposes
_-do
State and municipal Issues (Bond Buyer) :
Long-term
_
do
Short-term
do
904
523
SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members Carrying
Margin Accounts)
Customers' debit balances (net)
Customers' free credit balances (net)
Money borrowed
_ _
do
- do_ _
do
Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility, and railroad (Al-f- issues):
Composite (19 bonds)d" dol. per $100 bond-Domestic municipal (15 bonds)
do
TT.S Treasury bonds, taxablel
-do
Sales:
Total, excl. U.S. Government bonds (SEC) :
A l l registered exchanges:
Market value
mil $
Face value *
_ _ _
do
New York Stock Exchange:
Market value
- - do_ _
Face value - - - - do
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $_.
Yields:
Domestic corporate (Moody's)
percent..
By ratings:
Aaa
do
Aa
do
A
_
do
Baa
do.
By groups:
Industrial
do
Public utility
do
Railroad
__ do _
Domestic municipal:
Bond Buyer (20 bonds)
do
Standard & Poor's Corp. (15 bonds)
_ do
U S. Treasury bonds, taxable©
_
do
1
1
84.31
Stocks
Cash dividend payments publicly reported :
Total dividend payments
mil $
» 15, 076 216,188
454 3 2, 230. 6 1,071.4
480.7 3 316 7 1, 187. 5
594.7 2, 377. 0 1 131 1 454.2 2, 566. 0 1,157.8
475.3 2 517 5
do
do
do
» 2, 360 2 2, 487
« 7, 823 28,510
2
582
2549
233.1
96 0
170 1 1, 406. 0
110.0
2 8
216.9
358.4
15.1
124.8
449 2
165.6 2 164 8
3.4
175 1
305 1
346.2
18. 1
240.2
209.3
170.8 1, 542. 9
2.2
110.6
221 2
353 3
18 2
229 3
104.0
164.5 1, 722 5
3.9
112.3
241 1
362.1
16.6
115. 5
273 9
166.2 1 625 2
4.1
111 0
do
do
do
do
do
J 1,411 2 1,456
J 1, 773 21,900
2
377
«353
2
642
J606
2232
»201
30
131 9
8.7
32.2
96
120.1
215.1
56.4
62.1
27.8
244.5
134.9
21.2
62.9
17.5
3.2
136.7
6.2
30.4
10.4
2
8
6
4
6
247.0
135.0
26.4
90.2
19.5
3.0
140.1
8.8
47.7
12.8
109.6
223.8
62.4
57.4
30.1
289 4
140 1
23.8
66.7
18 4
3.5
137.5
5.7
23.7
11.4
111.6
225.8
63.9
65.6
35.0
288.7
141.1
21.1
70.3
16 f 8
3.2
139.7
8.9
26.2
11.5
109 9
230 1
65.7
66. 2
35 5
6.42
6.98
3.21
3.50
4.46
5.84
6.41
6.97
3.23
3 48
4.45
5.86
6.41
6.97
3.30
3.49
4.45
5.86
6.51
7.10
3.30
3.60
4.45
5.86
6.80
7.39
3.32
3.60
4.51
5.86
6.82
7.41
3.33
3.67
4.51
5.86
6.89
7.52
3.33
3.67
4.54
5.86
6.91
7.55
3.34
3.70
4.55
5.90
6.93
7.56
3.38
3.72
4.55
5.90
6.95
7.58
3.38
3.72
4.55
5.90
6.97
7.61
3.38
3.72
4.55
5.90
6.98
7.61
3.38
3.76
4.55
5.90
7.03
7.68
3.39
3.76
4.55
5.90
7.05
7.69
3.46
3.76
4.55
'6.12
7.05
7.70
3.48
3.91
4.55
6.12
Price per share, end of mo. (200 stocks) 9 do
177.87 202. 32 207 81 206.58 214. 67
Industrial (125 stocks)
do
189. 95 218. 24 225.11 223. 69 234. 19
Public utility (24 stocks)
do
91.50 102. 79 107. 57 105. 14 102. 53
Railroad (25 stocks)
__.do_ . 63.39
78. 49 ' 82.73
78.73
79.11
' Revised
1 End of year.
2 Annual total.
tRevisions for 1961-62 will be shown later.
9 Includes data not shown separately,
d"Number of bonds represent number currently used; the change in the number does not
affect
the
continuity
of
series.
211.74
228. 76
100. 82
80.68
216. 57
234. 99
102.31
84.06
222. 47
241. 38
103. 69
84.81
225. 21
246. 19
104.23
87.99
227. 79
250. 46
103. 13
88.26
229. 62
251. 53
104. 00
88.66
232 35
255. 45
104.11
94.99
236 24
257. 62
105. 40
99.52
240 48
263. 49
110. 76
100. 64
236. 88
260. 03
110. 86
94.14
242 73
268. 38
112.67
98.13
Finance
Manufacturing
Mining
Public utilities:
Communications
Electric and gas
Railroads _
Trade
Miscellaneous
_ _
Dividend rates and prices, common stocks
(Moody's):
Dividends per share, annual rate (200 stocks)
dollars..
Industrial (125 stocks)
do
Public utility (24 stocks)
do__
Railroad (25 stocks)
_.
do
Bank (15 stocks)
do
Fire insurance (10 stocks)
do
5.99
6.43
2.97
3. 36
4.30
5.31
124
216
87
62
36
IPrlces are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 years or more.
SUEVEY OF CUKRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
S-21
1963
Sept.
Aug.
Oct.
1964
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody's) :
Yield (200 stocks)
__per cent-Industrial (125 stocks)
do
Public utllltv (24 stocks)
__do
Railroad (25 stocks)
do
Bank (15 stocks)
do _ - _
Fire insurance (10 stocks)
do
3.37
3.39
3.25
5.30
3.31
2.48
3.17
3.20
3.12
4.46
3.15
2.51
Earnings per share (in dust., qtrly. at ann. rate;
pub. util.andRR., for 12 mo. ending each qtr.):
Industrial (125 stocks)
dollars-- ni.io
2
Public utility (24 stocks).—
do.... 2 4. 73
5.73
Railroad (25 stocks)
do
1 12. 43
24.99
2
6. 29
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)
percent--
3.08
3 10
3.00
4.21
3 02
2.48
3.03
3 03
3 22
4.57
3 08
2 52
3.21
3 23
3 29
4.46
3 25
2 61
11.05
4.91
6.37
4.50
4.30
4.30
221. 07
639. 76
121. 75
132.61
253. 67
714.81
138. 36
165. 30
257. 69
714. 15
142. 83
172. 93
62.38
69.87
Industrial, total (425 stocks) 9
do. _. 65.54
58.15
Capital goods (122 stocks)
do
54. 96
Consumers' goods (188 stocks)
do
59. 16
Public utility (50 stocks)
do
30.56
Railroad (25 stocks)
do
Banks:
33. 75
New York Cltv (10 stocks)
do
66. 19
Outside New York City (16 stocks)
do
57. 43
Fire and casualty Insurance (22 stocks) f— do
73. 39
63.30
62.28
64.99
37.58
36.75
74.81
63,38
Prices:
Dow-Jones averages (65 stocks)
.
Industrial (30 stocks)
Public utility (15 stocks)
._.
Railroad (20 stocks)
Standard & Poor's Corporation : cf
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43=10-
3.10
3 12
3 14
4.41
3 I9
2 57
4.30
3.15
3 15
3 ?*>
1.37
3 17
2 57
3.10
3 12
3 21
4.33
3 13
2 52
4 28
4 32
3.03
3 01
3 25
4.20
2 99
2 46
4 31
4 34
4 31
4 37
262. 16
747 52
138 68
170 41
70.98
72.85
73.03
72.62
74.17
76. 45
77.39
78.80
79.94
74.43
63 30
63.45
66. 57
39.22
76 63
64 96
66. 45
67 09
39 00
77 09
65 57
67.09
65.55
38 31
76
66
66
64
38
78
68
66
65
39
80
71
67
67
41
81
72
68
67
41
83
75
70
66
42
84
76
70
67
43
37.76
76.82
63.61
38 33
77.31
64.96
37 04
76. 05
63.79
36 67
75 24
63.00
36 29
75 37
63.73
37 60
77 39
65 46
37 06
75 90
66 19
38 49
76 90
67.06
5,359
153
5,033
144
6 093
7 049
6 003
6 156
169
7 649
200
5 317
140
99
4,574
113
4,215
5,161
80
96
92
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value, all listed shares
bil. $_. 339. 29
Number of shares listed
millions— 7,464
386. 63
7,906
400. 96
7,972
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
mil $
Shares sold
_
millionsOn New York Stock Exchange:
Market value
mil. $__
Shares sold (cleared or settled)
millions..
Exclusive of odd-lot and stopped stock sales
(N.Y. S.E.; sales effected)
millions-
4, 561
139
3, 945
102
170
184
261
743
137
171
09
24
59
16
69
45
44
81
60
149
%6 33
7^9 94
137 77
176 16
38
54
38
64
99
272
776
140
180
31
62
19
93
85
89
36
26
00
276
793
140
184
74
03
09
55
96
92
11
20
54
2.92
2 91
3 06
3.74
2 95
2 39
2.95
2 95
3 21
3.78
2 98
2 45
r
2.98
2 96
3 12
3.99
2 90
2.49
4 41
4.37
4.41
4.29
08
63
56
59
302. 02
844 24
147 37
218 78
80.72
80.24
83.22
82.00
85
76
72
67
44
79
50
67
29
86
85 13
75 85
72.42
67 46
46 29
88 19
77 76
75.47
70 35
48 93
86 70
75 91
75.40
71 17
47 17
39 20
77 17
67.07
39 88
77.66
67.62
38 91
76.69
66.96
39 78
76.98
68.31
39 71
76. 58
68.27
6 401
185
6 982
210
6 072
168
5 683
155
6 181
170
4 828
139
282
812
139
191
93
18
25
97
64
48
15
78
88
2.90
2 87
3 09
3.98
2 76
2.52
15. 15
5.13
6.97
53
52
74
71
262
738
142
172
3.00
2 gg
3 25
3.92
2 94
2 45
13.85
5.02
6 81
14. 45
4 99
6 29
4.26
3.04
3 02
3 28
4.21
3 02
2 49
3.07
3 07
3 20
4.21
3 14
2 48
286
820
139
196
09
94
02
15
92
52
93
30
27
289
823
140
202
33
12
86
08
290
817
141
206
298
835
149
211
13
30
24
25
305
863
151
214
85
55
85
44
5 943
5 082
136
111
5 154
123
6 149
145
4 280
102
5 325
137
5 933
156
5 196
125
4 745
114
5 266
125
4 106
100
107
122
94
99
117
88
114
124
99
96
103
82
110
396. 24
8,010
407. 24
8,029
401. 60
8,042
411.32
8,108
422. 51
8,183
428. 42
8,214
436. 79
8,301
441. 72
8,378
447. 62
8,480
455. 01
8,841
464. 54
8,941
458. 12
8,981
472. 02
9,010
123
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value*
mil. $__ 1, 806. 0 1, 934. 0 1, 903. 2 1, 823. 5 2, 079. 8 2,104.5 2. 155. 4 2,117.5 2, 091. 5 2, 179. 3 2, 206. 7 2, 256. 6 2, 099. 1 2, 114. 1 1, 969. 8
1, 745. 4 1, 857. 3 1, 810. 7 1, 765. 5 2, 023. 0 2, 028. 5 2, 092. 3 2, 025. 0 1 994 5 2 127 2 2, 120. 4 2,204.3 2, 031. 1 2 039 3 1 896 7
—do
Exports (mdse.), incl. reexports, totall
Excl. Dept. of Defense shipments.
Seasonally adjusted
By geographic regions:A
Africa
Asia
Australia and Oceania..
Europe
1, 894. 6 1 979 6 1 946 4 1 944 6 2 049 4 2 037 3 2 028 7 2 077 5 2 046 0 2 052 1 2 004 3
do
81.8
343.7
39.8
543.5
82.4
398.1
43.6
589. 0
78.6
401.7
42.3
561.3
79
381
40
544
1
2
7
8
79 3
442 A
44 8
658 8
92
438
55
671
do
do
__ _do
319.4
130.7
167.7
343.2
142.2
152.6
328.7
140. 2
156.2
349. 1
142.9
131.1
405 9
154.5
149.9
359 2
152. 6
171.9
355 4
147. 1
170.5
339 6
149.4
156.2
By leading countries:
Africa:
United Arab Republic (Egypt Reg.)- -do
Republic of South Africa
do
19.6
18.6
17.5
23.0
13.8
23.9
16.0
24.8
16.2
24.5
13.6
26.4
17.7
29.8
34.2
55.8
23.7
36.5
67.0
32.3
34.1
62.1
37 3
32.2
60 6
36 9
37.7
72 8
47 8
50.0
76 5
25 6
do
do ..
do
9.9
22.4
117.9
8.8
26.9
141.5
4.8
26.2
144.7
10 9
24 1
139 4
7 8
35 5
152.7
.do
do _ _ .
do
48.9
.1
90.0
56.5
.5
92.0
51 1
63 5
__.
Northern North America _
Southern North America
South America
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
do ___
do
—do _
_do
do
do
do
do
52.7
(3)
(3)
90.9
88.4
98.2
do
do
do
64.1
73.4
80 5
72 9
68 6
1.3
1.7
2.2
.6
3.6
89.6
96.8
87.1
104.3
130.7
1 Quarterly average at annual rate.
2 For 12 months
' Revised.
» Preliminary.
ending Dec.
3 Less than $50,000.
cfNumber of stocks represents number currently used; the change in number does not
affect continuity of the series.
9 Includes data not shown separately.
t Re vised series; former series covered fire insurance only.
6
0
8
6
95
489
52
678
g
7
7
9
86
449
48
695
2
4
6
1
9111 A
2 084 9
99
410
48
692
1
4
7
3
115 2
450 6
59 0
695 5
103 9
372 3
58 8
622 3
98 7
93 5
54 0
738 2
60 9
626 5
37fi A.
68 6
554 3
341 6
149.7
147.3
407 2
161.2
161.3
426 2
167.0
161.7
425 5
164.6
186.6
417 3
179.4
179.5
365 8
168.3
166.9
380 3
155 3
175.6
13.4
26.1
22.8
29.7
21.1
30.5
23.5
28.2
29.6
37.3
24.2
33.7
14.8
32.8
20.8
32 6
45.4
98 7
45 5
37.6
80 9
25 5
6 2
40.8
70 2
21 3
5g
47.6
67 5
40.6
76 1
20 0
6 0
49.7
'49.7
55 1
50.8
57 8
7 o
12 8
29 9
173 9
7 9
29 3
168 8
12 8
30 2
184 6
6 7
29 9
166 0
4
29 3
174 6
2 2
31 3
153 4
64 1
19
103.9
64 7
2 3
103.0
84 2
3 2
97.6
66 0
35
97.8
71 4
18
112.3
65 9
5
116.6
74 4
1.6
125.6
80 9
17
114.5
70 8
83
122.9
75 2
29 3
123^9
95
420
47
702
6
1
4
0
93 2
dftfi 8
1c 7
6 1
7«J
n
Q
55 3
121.7
74 5
22 2
107^4
Q7 8
A'iQ 1
r
87 fi
Of)
£•
6
A
6 1
7 c
q
f)
0 0
7
32 6
145 4
30 4
128 3
71 *\
4 6
111.7
fil
00
fi1
A
fi
5
98 fi
1 dfi 8
0
PQ n
1 1
96.3
4
90 9
1qA 8
0
97.2
93.6
r\
2 8
105.8
t Re visions for various periods prior to Feb. 1963 will be shown later.
^Includes grantaid shipments under the Dept. of Defense Military Assistance Program, as well as economic
aid shipments under other programs.
AExcludes "special category" shipments.
O Country designation established Jan. 1964.
13 8
111! 2
18
107.9
7 3
108.0
October 1964
SUKVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continuedt
Exports fmdse.), incl. reexports — Continued
By leading countries— Continued
North and South America:
Canada
- m ^- *--
319.4
343.2
328.7
349.1
405.9
359.1
355.4
339.6
341.6
407.1
426.2
425.5
417.3
365.8
380.3
do
270.3
262.8
263.9
241.1
267.9
286.2
278.5
269.8
261.7
285.3
292.8
314.4
325.1
300.3
297.1
do
do
do
- - -do
- do
- do
31.6
35.4
14.2
18.9
1.1
67.1
39.2
15.7
31.4
13.5
20.0
3.0
68.9
42.3
14.4
29.0
14.5
22.6
0)
65.1
44.1
10.3
20.5
12.6
18.4
0)
70.7
41.2
15.2
21.7
13.0
22.6
0)
78.1
46.5
17.2
30.9
15.1
21.7
0
75.3
48.3
18.8
29.3
14.4
24.6
0)
69.4
49.7
15.1
32.4
13.1
20.4
(0
72.5
43.6
19.5
23.1
12.2
19.8
C1)
76.6
40.5
17.3
26.5
13.0
20.6
0)
78.2
48.7
16.7
31.3
12.6
17.1
0)
91.0
47.1
19.2
31.6
16.7
24.5
0)
81.8
57.4
18.8
32.5
14.2
21.1
0
103.3
55.8
23.2
26.6
13.1
19.2
0
88.4
50.5
24.3
35.5
13.4
19.2
0
81.6
46.6
Latin American Republics, total 9
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Fxports of U S merchandise total
do
By economic classes:
Crude materials
do. _.
Crude foodstuffs
do
Manufactured foodstuffs and beverages- .-do
Semimanufactures^
__do_ _
By principal commodities:
Agricultural products total 9
Animal and vegetable oils and fats*
Cotton unmanufactured
Fruits, vegetables, and preparations
Grains and preparations!
Meat and meat preparations*
Tobacco and manufactures^
1, 783.6 1, 910. 1 1, 879.2 1,801.8 2,055.6 2, 079. 1 2,131.6 2, 090. 6 2, 063. 0 2,151.3 2, 170. 3 2,225.4
2,067.4 2, 088. 1 1,941.6
186.2
167. 5
113.8
253. 4
1,062.7
214.7
189.4
124. 8
273.6
1,107.6
212.2
158.8
124.0
300.2
1,084.1
do.- -
419.5
465.4
408.7
433.7
552.6
574.5
588.1
542.2
525.3
530.8
521.1
528.9
459.1
479.3
419.5
do
do
do.__.
do
do
do
26.1
44.8
35.8
171.4
11.8
40.9
26.6
48.9
37.2
191.7
12.3
43.6
26.4
36.7
33.9
156. 3
11.7
44.7
32.1
41.9
37.0
162.3
13.0
64.2
28.9
50.9
50.0
211.2
16.4
73.0
20.7
67.8
40.0
220.9
17.3
60.1
25.4
86.1
37.4
247.7
13.8
55.4
26.6
79.0
32.2
234.1
16.8
38.0
27.8
74.9
33.7
226.3
16.0
37.0
33.1
64.4
33.3
238.2
14.5
30.0
'33.3
51.7
'28.8
c
244. 0
12.6
30.5
36.1
49.5
34.5
238.4
16.7
33.5
32.9
50.7
37.8
180.3
14.9
41.2
40.0
91.5
32.5
171.1
13.0
37.0
41.3
16.6
35.8
175. 7
12.5
34.6
1,444.7 1,470.5
1,368.1
215.5
284.9
237.9
272. 7
207.6
222.9
219.1
247.4
281.6
217.9
252. 8
190.3
228.3
221.4
232.6
209.7
232.5
166.7
233.1
227.4
227.6
182.1
172.0
177.6
135.8
122 2
131.9
132.6
137.3
134.9
135. 1
144.8
127.7
125.9
136.5
116.3
326.4
297.1
323.4
296.5
289.5
333.3
270'f)
285. 0
300.7
330.9
333.1
324.6
1,020.1 1,132.3 1,149.9 1,185.1 1, 187. 4 1, 188. 5 1, 245. 3 1,271.8 1, 295. 2 1, 210. 6 1,208.3 1,118.2
do
1,364.1
Automobiles parts and accessories
do
Chemicals and related products§
do
Coal and related fuels
do
Iron and steel prod. (excl. adv. m f s . ) _ _ _ d o
115.2
149.3
32.0
50.9
125.5
2 161.9
40.2
57.4
112.7
176.3
53.8
62.6
115.3
162. 1
53.3
56.5
146.1
175.0
50.5
64.0
165. 3
169.9
46.0
60.6
159.7
165.4
37.8
64.8
148.2
171.1
33.9
63.1
151.6
172.3
31.6
61.8
149.0
191.9
30.5
67.2
' 148. 4
' 182. 6
34.3
68.7
156. 5
187.4
44.9
81.7
144.6
183.5
45.6
83.4
111.6
199.4
39.8
82.5
120.8
197.9
50.6
81.7
Machinery total§9
Non agricultural products total 9
1,503.1 1. 504. 6 1,543.5 1, 548. 3 1, 537. 6 1,620.5 1, 649. 1 1, 696. 6 1, 608. 3 1, 608. 8 1 522 1
435.1
453.4
446.0
411.1
462.7
477.1
491.7
486'. 8
510.4
542.7
521.5
575.2
' 513. 7
517.2
458.3
do
do
-do_
do
__do
13.2
30.3
105.9
44.5
208.1
15.2
35.2
113.4
37.0
216.5
16.6
36.5
111.7
29.0
212.9
10.6
31.2
108.9
34.6
192.4
11.7
41.1
114.0
38.1
218.0
11.4
36.9
124.2
37.5
228.4
12.7
39.6
122.5
42.2
236.8
15.8
39.2
125.6
39.1
226.2
20.1
36.5
132.7
42.1
238.4
23.9
45.5
123.0
44.4
264.2
23.8
49.8
122.6
39.8
246.1
22.6
53.7
133.2
46.4
274.8
19.7
50.2
119.9
39.7
240.3
20.8
48.4
116.9
45.9
241.1
19.1
41.2
109.8
37.1
218.3
do
do
36.8
57.3
41.0
57.8
41.5
57.8
41.0
55.2
41.1
65.0
39.4
63.2
41.9
62.8
37.7
59.6
35.1
61.5
38.4
'70.7
41.8
68.2
35.8
71.0
39.4
68.2
43.3
59.7
40.8
60.0
1,365.8 1,428.5
1,458.3
1,508.3
1,398.5
1,450.4
1,591.3 1,425.1
1,458.8 1,465.3
1,529.9
1,477.7
64.8
266.1
41.8
400.8
67.6
306.4
48.6
370.9
58.4
267.6
52.9
378.7
74.0
297.8
48.1
466.1
59.5
265.2
31.6
445. 1
71.0
252.1
43.2
427.6
67.6
283.0
35.7
400.9
71.4
203.7
30.5
394.6
89.8
282.9
38.3
456.1
86.9
276.5
33.4
449.3
83.7
278.3
36.1
411.5
67.5
317.2
45.6
446.7
65.8
334.7
32.5
461.5
66.1
339.1
43.7
377. 6
334.6
305. 2
319.4
354.2
301.4
Northern North America
-do
123.1
127.4
109.1
102.4
115.7
Southern North America
do
207.7
220.9
235.1
236.6
South America
- do. __ 204.2
By leading countries: O
Africa:
2.1
.5
1.7
1.1
5.0
United Arab Republic (Egypt Reg.).__do
21.6
31.4
21.4
17.8
18.9
Republic of South Africa
do
Asia; Australia and Oceania:
30.9
34.2
26.6
24.4
36.8
Australia, including New Guinea
do
24.5
25.6
21.3
21.7
25.8
India
do
3.3
3.2
3.5
3.8
4.0
Pakistan
do
Malaysia©
do
10.5
11.2
9.4
8.4
9.8
Indonesia
do
44.9
32.5
26.9
29.7
36.9
Philippines
do
145. 6
113.2
124.9
124.8
139.8
Japan
do
Europe :
35.8
31.5
35.8
45.5
35.7
France
do
.2
.2
.3
.3
.3
East Germany
do
75.1
92.1
80.1
83.6
81.1
W^est Germany
do
41.1
46.1
50.2
34.7
37.7
Italy
do
1.8
4.5
1.3
1.7
1.8
Union of Soviet Socialist Republics
do
89.9
83.8
83.8
89.8
106.0
United Kingdom
do
North and South America:
319.1
334.3
300.9
354.0
305.0
Canada _
__
do
286.5
287.6
293.6
282.2
301.3
Latin American Republics, total 9
do
16.2
17.2
13.7
8.9
17.6
Argentina
do
45.1
42.6
46.8
56.4
53.7
Brazil
do
19.8
15.9
15.7
15.9
14.6
Chile
do
28.8
Colombia
do
22.9
20.7
34.9
31.6
1
.6
Cuba
do
0
0)
C
)
0)
49.5
39.4
37.3
48.2
46.4
Mexico
__
do
82.2
67.2
Venezuela
do
81.3
78.1
73.4
r
2
Revised
v Preliminary.
« Corrected.
1 Less than $50,000.
Beginning Jan.
1963, excludes exports of certain fertilizer materials, coal-tar and synthetic resinous products,
chemical specialties, etc.: in 1962, such exports totaled $52.6 mil.
JSee similar note on p. S-21; for exports, see also note "V on p. S-21.
9 Includes data not shown separately.
cfData for semimanufactures reported as "special category, type 1" are included with
finished
manufactures.
*New series. Data prior to Sept. 1962 may be obtained from Bu.
of Census reports.
http://fraser.stlouisfed.org/
312. 0
114.2
197.5
351.1
140.9
243.0
307.4
150.4
199.8
301.9
142.2
192.7
337.4
152.0
234.9
341.4
162.2
211.3
337.4
143.4
166.6
381.6
137.0
198.8
' 373. 0
140.0
202.7
363.9
115.8
185.4
.5
17.4
1.1
25.8
1.0
24.1
1.0
20.3
3.8
21.1
2.0
21.3
2.5
19.9
1.0
19.3
1.9
16.2
.9
16.9
20.7
22.9
3.7
29.0
21.0
3.7
9.7
18.0
134.7
8.0
29.9
118.0
27.7
22.3
4.3
14.3
13.4
32.2
130.6
19.2
18.0
2.6
9.9
10.0
15.1
100.6
24.8
24.0
3.2
14.8
15.0
34.9
133.3
18.5
28.1
3.9
10.6
11.7
19.8
143.5
16.1
25.7
3.5
12.2
15.2
34.6
121.7
32.2
28.4
3.7
10.9
15.8
31.3
155.1
17.8
19.8
3.0
13.3
15.2
44.1
167.2
26.7
30.7
3.0
21.0
14.6
36.6
155.8
42.0
.2
94.9
46.4
1.2
100.6
37.1
.1
92.2
43.5
.9
91.6
35.9
.3
92.0
36.3
1.2
83.5
35.0
.8
78.7
33.7
2.0
85.3
39.5
.7
106.1
40.3
1.0
90.8
43.9
.5
97.9
41.2
.9
94.0
41.5
.4
87.8
35.2
1.3
91.1
42.8
.6
99.7
45.1
2.4
100.7
45.5
.4
102.7
47.7
2.1
101.5
38.4
.9
74.8
48.6
1.9
85.7
do. __
Agricultural
Tractors parts and accessories
Electrical
- -M^talworking§
Other industrial
Petroleum and products
Textiles and manufactures
General Imports total©
By geographic regions: O
Africa
Asia
Australia and Oceania
Europe
Federal Reserve Bank of St. Louis
do
- - -
do
-do
do
do
62.8
246.7
36.6
385.0
1,446.7 1,337.7 1, 592. 3 1, 562. 3 1, 457. 9 1, 595. 5 1,612.4 1,491.9
1,421.8 1, 445. 3 1, 522. 9 1,542.1 1, 548. 1 1, 505. 5 1, 589. 6 1,592.2
372.6
363.1
381.3
337.2
307.2
301.8
337.3
341.3
288.6
247.4
280.7
284.5
294.7
260.4
338.7
314.9
7.7
6.5
12.3
11.6
9.4
9.7
10.8
10.4
36.7
31.9
32.5
43.6
60.7
23.6
38.0
53.8
19.7
18.1
16.6
7.4
17.6
20.9
19.3
17.3
15.8
18.9
21.1
14.2
22.2
23.2
24.5
17.3
0)
0
0
C1)
0)
0)
0)
0)
c 54.6
39.7
63.6
59.1
67.2
50.6
71.4
55.9
85.7
76.5
85.3
89.3
87.2
66.2
81.8
75.7
tRevised to include SITC items classified as "cereals and preparations"; not comparable
with data published in the 1963 BUSINESS STATISTICS and in SURVEY issues prior to Nov.
1963.
AManufactures of tobacco are included in the nonagricultural products total.
§ Excludes "special category, type 1" exports.
OFor certain recent months, the data by regions and countries exclude Imports unidentified by area of origin.
0Country designation established Jan. 1964.
311.7
269. 3
11.0
62.9
11.3
17.5
0)
46.6
63.1
350. 9
332. 9
20.9
67.5
14.0
14.4
0)
55.6
88.1
SURVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-23
1964
1963
Aug.
Sept.
Oct.
Dec.
Nov.
Feb.
Jan.
Mar.
May
Apr.
June
July
Aug.
Sept.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued}
Imports for consumption total
- -.mil. $_- 1,354.3 1,417.8
By economic classes:
278.2
274.0
Crude materials
- _ -.. -do
148.0
143.8
Crude foodstuffs
do
166.5
Manufactured foodstuffs and beverages.- do. _ . 149.3
300.4
Semimanufactures
_ _ d o _ __ 282.4
496.3
533.2
Finished manufactures
do
By principal commodities:
322.3
334.8
Agricultural products tota!9
do
Cocoa (cacao) beans Incl. shells
do
Coffee
do
Rubber crude (incl. latex and guaynle).-do
fiuerar (cane or beet)
do
Wool and mohair unmanufactured
do
Non?£rrlcultural products total 9
do
Furs and manufactures
__do
Iron and steel prod. (excl. adv. mfs.).--do
Nonferrous ores, metals, etc.:
Bauxite, crude*
-do
Aluminum semimfs. (Incl. calcined bauxite)*
mil. $
Copper crude and semlrofs *
do
Tin Including ore
do
Paper base storks
Newsprint
Petroleum and products
do
do
do
Indexes
Exports of U.S. merchandise:
Quantity
Value
Unit value
Imports for consumption:
Quantity
Value
Unit value
Shipping Weight and
Waterborne trade:
Exports (incl. reexports) :§
Sh /pping weight
V alue
_ _
Oe neral imports:
Shipping weight
Value
Airborne trade:
Exports (incl. reexports): 5
Shipping weight
Value
General imports:
Shipping weight
Value
1957-59= 100..
do
do _
do__
do
do
1,479 1
I 375 1 1 578 3 1 497 8 1 511 6 1 464 9 1 32° 3 1 567 3 1 555 3 1 433 8 1, 576 8 1, 615. 2 1 490.8
314.3
126.6
177.3
313.6
547.2
260.2
140 2
183.1
285 7
505 8
273.3
168 7
198 2
326 4
611 8
238 0
153 3
163 0
300 4
573 0
284
158
197
315
556
5
7
4
0
0
274 3
160 8
133 5
343 0
553 4
246 8
161 5
105 5
314 1
494 5
274 1
202 4
150 7
339 0
601 1
267 8
199 2
142 6
343 1
602 7
270.4
147 4
149 2
311 1
555 7
291. 5
140.4
163.0
340. 1
641.8
325.0
145.0
148.8
333 9
662.4
302.1
136.9
143.5
322. 7
585.5
383 1
362 7
329 9
316.1
318.6
316.7
15
125
19
37
17
82
131 8
13 3
32 1
18 3
81
84 5
20.2
47 8
17 6
10.3
73.2
13.9
38.9
14.1
8.5
84.7
17.1
49.7
16.0
12.8
77.7
18.1
33.9
14.1
345.2
345 4
377 5
319 8
369 4
332 7
295 4
11.0
82.4
19.0
42.0
17.4
11.3
79.7
16.4
50.9
18.8
8.4
76.7
16.5
62.5
17.2
9 7
89 3
13.5
59 7
12.7
9 4
100 9
15 0
53 4
16 7
7
88
13
31
11
11 1
90 1
14 o
68 8
22 9
14
87
19
26
19
12
94
13
16
20
1,031.9
1,083.1
1,133 8
9.7
47.3
i 10.9
59.4
5 7
71.0
10.1
9.5
11.7
98
14.7
20.8
9.7
16.9
!21. 6
9.1
18.7
28 3
11 I
17 8
1
26 1
6 4
17 0
26 1
9 2
30.1
57.3
149. 1
31.9
57.7
146.5
28.7
57.9
132. 3
112
115
102
"120
P123
P102
119
121
102
123
117
95
pl27
P122
^96
132
127
97
30.0
58.0
147.1
1
2
8
6
8
9
4
4
4
3
7
5
o
2
5
6
2
7
4
2
4
1 029 6 1 200 8 1 108 0 1 142 2 1 132 2 1 026 8 1 184 2 1 192 7 1 103 9 1 260 7 1 296 5 1 174 1
12 o
i 10 1
81
62
4 7
15 8
91
7 Q
61
26 3 i ig i
13 6
77.5
69.1
59 1
59 7
74.8
62 5
60 7
68 6
70 4
65 3
54 0
54 1
1
94
9 6
11 2
95
12 2
88
10.0
12.9
12.3
17 9
93 3
8 7
17 7
25 1
8 2
17 1
26 1
98
14 8
29 5
7 3
17 6
29 8
10 7
17 6
26 1
78
17 8
23 7
76
18.9
26 6
7.9
20 5
25 4
10 2
13.7
20 7
14 1
34.6
66 5
149.0
31.1
58 1
135 9
32.0
68 0
164 9
31.7
56 8
*193 3
31.1
52 4
154 3
35.4
58 7
159 5
31.9
61 2
158 7
30.4
59 6
137.1
34.9
65.2
144.8
32.3
64 8
165 4
35.2
61 8
152.3
114
116
101
130
132
102
131
134
102
135
137
101
p 131
v 135
p 103
130
133
103
p 134
p 139
p 103
v 137
p 140
P 102
p 140
p 143
p 102
130
133
102
p 131
p 135
P 103
123
118
96
141
136
96
127
122
96
132
130
98
pT 128
126
p 98
116
114
•P gg
p 136
p 135
p 99
p 134
p 134
P 100
p 125
p 123
P gg
137
136
P 99
P 141
p 139
p 99
88
8 2
Value
thous. sh. tons.. 11,215 13,010 14, 846 14, 368 15, 070 14, 796 13, 887 13,167 12, 034 12, 673 13.415
mil. $ 1,165.6 1,232.7 1, 219. 2 1,164.3 1,375 6 1,408.6 1 450 0 1 348 6 1, 334. 8 1, 384. 3 1 362 0
thous. sh. tons
mil $
thous. sh. tons
mil. $
thous. sh. tons..
mil. $
17,552 17, 712 19, 996
983.6 1, 033. 2 1, 089. 0
16, 415 >-16 787 17 740
929 9 r\ H9 9 1 116 0
18 394 19, 076 17, 066 17 639 17 697
1 049 0 1 163 9 1 032 0 1 077 9 1 036 8
9.1
124.3
10.4
136.5
99
120.3
10 2
126 3
11 5
140 4
10 9
131 5
11 3
141 9
11 9
150 3
11 9
157 2
12 9
150 9
12 9
153 5
12 9
149 6
12 9
144 8
4.1
59.7
4.7
67.9
4.3
57.4
4.3
67.9
5.4
81.3
5.3
82 8
5.3
89 0
4.3
70 4
4.0
70 7
4.7
79 4
4.6
76 0
3.9
66 8
5.0
76 9
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. avg. or total):
Operating revenues, total 9
mil. $. .
Transport, total 9
do__
Passenger
do
Property
do
U.S. mail
do
Operating expenses (incl. depreciation), .do
Net income (after taxes)
do
Operating results:
Miles flown (revenue)
thous..
Express and freight ton-miles
flown
do
Mail ton-miles
flown
do
Passengers originated (revenue)
do
Passenger-miles flown (revenue)
mll_.
570.7
566.0
509.8
37.1
14.4
551.4
1.9
621.9
617.1
557.0
40.3
15.0
585.5
8.4
59,409
45, 296
13, 575
3,990
2,667
63, 828
49,105
14, 107
4, 54H
3. 048
Express Operations
Transportation revenues
Express privilege payments
.mil. $_.
do
295.9
229.2
2 95. -J
2-3.6
cents..
mil
mil. $__
20.1
594
350.9
20.5
576
347.5
Local Transit Lines
Fares, average cash rate
Passengers carried (revenue)
Operating revenues (qtrly. avg. or total)
4
634. 4
4
628 3
4
561
9
4
44 0
4
653. 3
648.7
587 3
41.0
14.2
592.8
27.6
67, 33;i
51, 894
13, 617
5, 151
3,588
64, 335
52, 766
13, 043
4,639
3,119
4
66, 676
57, 797
15,033
4,917
3,165
62, 455
51, 397
13, 376
4,446
2,861
96.3
29.9
20.5
534
20.5
F
60
330.3
4 545
4 640
4 579
4 42
4
15
4
613
4 11
16 7
596
0
4
1]
65, 758
55 581
19 401
4,732
3,221
66, 274
50, 710
14 547
4,801
3,245
4
4
62, 863 467, 481
50 212 454 522
14 051 415 488
4
4, 458 4 5, 008
4
2, 949 4 3, 316
105.4
31.3
20.6
630
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. avg. or total):
5
Number of reporting carriers .
3954
1,017
5
Operating revenues, total
m~lL $
1,343
1, 326
5
Expenses, total
do
1,286
1, 304
Freight carried (revenue)
mil. tons
87
580
T
Revised.
p Preliminary.
i Effective Sept. 1963, data reflect adoption of U.S. Tariff Schedules and are not entirely
comparable with earlier figures; also, beginning Jan. 1964, data for furs and mfs. and petroleum
http://fraser.stlouisfed.org/
and products reflect further changes in 4 USTS.
2 Quarterly average.
3 Number of
Federal
Bank reports
of St. Louis
carriersReserve
filing complete
for 1962.
Reflects substitution of data for one or two intra-
20.7
563
20.7
590
366.8
g
g
4
o
5
7
o
710 9
704 6
637 7
45 2
15 7
622 2
39 1
_
465,407
4
4
56 472
15 091
4
5, 003
4
3, 287
4
68, 022
014
14 823
5, 030
4
3, 322
4
59
4
4
96.8
27.1
20.8
581
20.8
552
20.8
roc
68, 852
58 871
14 345
* 5, 542
3,910
__ _
71, 235
60 391
14 337
5,324
3,796
99 9
29.5
21.0
21.2
CQ£
21.2
21.3
21.3
341 1
|See similar note on p. S-21.
9 Includes data not shown separately.
*New series
Data prior to Dec. 1962 may be obtained from Bu. of Census reports.
§Excludes "special
category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
ISee similar note on p. S-21.
SUEVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
October 1964
1964
1963
Monthly
average
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
2,403
476
38
154
205
2,114
293
35
147
197
3 2, 926
3
578
3 48
3
198
3243
2,396
461
41
151
201
313
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity)— Continued
Freight carried, qtrly. index of volume, class I and
II (ATA)
average same period, 1957-59=100.. i 120. 3 1 126. 3
Carriers of passengers, class I (qtrly. avg. or total):
2
2138
138
Number of reporting carriers
-131.4
136.4
Operating revenues total
mil. $
112.0
116.4
Expenses total
__do
57.2
56.6
Passengers carried (revenue)
mil..
Class I Railroads
Freight carloadlngs (AAR):
Total cars
Coal
Coke
Forest products
Grain and grain products
- thous. _
do
do
_.do
do
2,394
439
30
158
231
2,406
461
32
156
234
Livestock
_.
do
Ore
do
Merchandise 1 c 1
do
Miscellaneous
do
Freight carloadlngs, seas. adj. Indexes (Fed. R.):f
Total
.1957-59=100..
Coal
_ .
do
Coke
do .
Forest products
-do
Grain and grain products
do
Livestock
do
Ore
do__
Merchandise 1 c.l
do. __
Miscellaneous
do.- .
17
144
97
1,277
14
147
72
1,289
<92
90
81
97
101
67
83
49
94
*93
95
88
96
102
52
84
36
95
Financial operations (qtrly. avg. or total):
Operatlns revenues total $
mil $
Freight
do
Passenger _ _
do
Operating expenses..
do
Tax occruals and rents
do
Net railway oneratincr Income
do
Net income (after taxes)
do
127 8
138
165 7
128 8
62.9
138
130 7
114 0
55.3
128.6
32,874
3
582
3 34
3190
3270
' 2, 309
464
28
147
••201
2,518
474
27
155
258
3
2 , 859
3561
335
3183
3303
1,972
417
29
130
197
2,045 3 2, 645
3512
415
3
31
41
3
196
136
3
267
227
3 13
260
1, 444
15
205
64
1,185
25
183
65
1,331
325
3157
373
31,523
10
55
53
1,081
10
50
51
1,125
91
99
90
93
97
51
81
34
91
91
97
84
95
101
43
87
34
92
93
94
75
98
112
48
81
33
93
92
94
78
96
105
56
104
31
92
94
90
84
97
109
50
91
33
96
97
91
89
99
111
50
89
31
101
3
3
381
2, 360. 1 2,389.9
1, 997. 8 2, 036. 5
154.8
147.0
1,854.3 1,862.9
324.1
325.6
181.6
201.4
143.0
162.9
Operating results:
Freight carried 1 mile (qtrly.). -.. Ml. ton-miles 8151.6
Revenue per ton-mile (qtrly. avg.)
cents.. J 1.349
Passengers carried 1 mile, revenue (qtrly. ). .mil.. « 4,976
124 0
«158.9
s 1.310
« 4, 624
134.1
3
2, 913
3542
3
45
3190
3208
2, 105
393
34
154
186
2,202
407
35
151
177
10
375
370
8
1, 473
10
66
54
1,207
10
114
53
1,254
3271
365
3
1, 581
224
50
1,248
8
223
48
1,163
3268
363
31,514
16
211
48
1,267
97
89
90
106
104
51
93
31
100
94
90
92
103
93
50
88
28
98
95
93
100
99
92
42
123
28
97
96
100
111
102
89
42
104
29
99
94
100
118
98
91
46
85
27
96
95
100
128
102
75
50
87
28
98
93
98
128
97
88
56
84
26
96
96
96
125
99
104
48
90
26
99
3
2 398 0
2, 035. 0
157. 1
1,874.1
326 8
197.1
156.1
2 446 6
2, 084. 2
138.6
1,893.5
304 4
248.7
225. 1
2, 362. 4
2, 033. 8
134.7
1,852.3
327 6
182 5
144 ?
158 9
1.312
5, 225
163. 4
1.300
4 315
165.3
1.284
4,110
312
2, 481. 4
133. 8
:::::::: 2, 146.3
::::::::
233.0
196.4
Waterway Traffic
Clearances, vessels In foreign trade:
Total U.S. ports
thous. net tons.. 14, 913
12, 066
2,847
TT H d 9tnt vpssflls
do
Panama Canal:
Total
In United States vessels
thous Ig tons
do
Travel
Hotels:
Average sale per occupied room
dollars..
Rooms occupied
. _ % of total
Restaurant sales Index
same mo. 1951 =100_Foreign travel:
U.S. citizens: Arrivals
Departures
Aliens*" Arrivals
Departures
Passports issued and renewed
National parks visits
Pullman Co. (qtrly. avg. or total):
Passenger revenues
thous..
do
do
do
do
do
thous $
15, 628
12, 786
2,842
17, 485
14, 331
3,154
16, 341
13, 486
2,855
16, 531
13, 433
3,098
16, 686
13,618
3,068
15, 454
12, 573
2,881
15, 204
12. 540
2,664
14, 503
12, 054
2,449
14,960
12,319
2,641
15, 996
12, 963
3,034
17, 734
14, 684
3,050
5,490
855
5, 454
780
5, 641
837
5, 702
1,000
5,925
968
5,399
722
5,691
708
5, 832
613
6.187
906
6,269
965
5,912
866
6,166
1,022
5,902
1,100
6,062
877
9.35
61
112
9.37
60
109
9.60
59
104
9.56
63
107
10.24
68
109
9.82
58
101
8.90
47
107
9.09
57
105
9.26
60
109
8.87
59
108
9.86
67
116
9.18
62
119
9.83
64
113
9.10
'56
112
'9.89
62
107
9.85
65
110
195
191
125
103
76
2,737
218
216
130
110
88
2,779
391
283
169
140
78
7,705
271
207
173
134
65
3,278
219
186
144
123
56
2,331
174
146
118
103
40
1,104
158
161
112
116
47
661
173
172
112
87
71
686
179
193
102
88
81
790
218
206
123
101
121
1,000
211
214
148
104
147
1,276
226
253
161
151
135
2,267
271
356
172
154
147
5,056
112
8,067
86
74
726
12, 076
629
10, 477
556
9,500
608
10, 457
600
9 288
598
10, 065
COMMUNICATIONS
Telephone carriers :
Operating revenues 9
-mil. $.. 792.6
440.0
Station revenues
__
_
do
270.4
Tolls, message
do
468.2
Operating expenses (before taxes)
do
139.6
Net operating income.
do
70.8
Phones in service, end of year or mo
mil..
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph :
Operating revenues
thous. $._ 22,010
20, 197
Operating expenses, incl. depreciation
do
582
Ocean -cable :
3,013
Operating revenues
do
2,542
Operating expenses, incl. depreciation
do
153
Radiotelegraph:
4,675
Operating revenues
do
3,676
Operating expenses, incl. depreciation
do
816
Net operating revenues
do
845.6
465.4
289.7
495.7
152.3
73.7
861.4
465.6
304.4
495.1
158. 1
72.5
844.2
468.0
283.2
489.8
158.2
72.9
879.0
477.3
309.1
523. 4
156.1
73.2
856.8
475.2
286.3
500.5
155.4
73.4
881.8
480.0
308.7
539.8
150.1
73.7
881.1
481.7
305.3
520.2
154.9
74.0
862.2
480.6
286.0
501.7
163. 4
74.2
892.1
485.5
311. 2
530. 9
156.0
74,5
898.8
489.4
313.0
532.3
165.9
74.9
903.1
490.0
315.7
525. 0
167.4
75.1
912.3
494.6
318.9
531.3
169.2
75.3
917.0
492.5
324.3
569.1
150.2
75.6
23, 902
21, 094
1,680
24, 964
21,275
2, 590
24, 378
20, 700
2,597
25, 452
21,527
2,983
23, 676
20, 603
2,368
25, 550
21, 324
3,663
24,449
22,213
834
23, 283
21,020
872
25, 181
21,715
2,075
24, 876
21,812
1,697
24, 708
22, 181
1,085
26, 020
22, 799
1,886
25, 092
23, 304
498
3,065
2,495
219
3, 064
2,627
99
2,949
2,330
291
3,424
2,560
509
2,859
2,186
370
2,950
2,271
156
3,138
2, 403
361
2,814
2,284
98
3,106
2,286
475
3,012
2,403
245
3,030
2,317
328
3,172
2,381
427
3,227
2,503
341
5,077
3, 882
982
5,034
3,721
1,096
5,069
3,822
1,015
5,546
4,028
1,333
5,525
4,158
1, 195
5,654
4,338
1,054
5,901
4,448
1,222
5, 505
4,274
998
5,752
4, 336
1,192
5,831
4,251
1,345
5,774
4,379
1,167
5,961
4,598
1,152
6,087
4,768
1,103
r
Revised. 3 1 Annual index.
2 Number of carriers filing4 complete reports for 1962
and5 1963.
Data cover 5 weeks; other periods, 4 weeks.
Based on unadjusted data.
Quarterly average.
t Revisions for 1962 are in the Aug. 1963 SURVEY.
9 Includes data not shown separately.
SUEVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-25
1964
1963
Sept.
Aug.
Oct.
Dec.
Nov.
Jan.
Apr.
Mar.
Feb.
May
June
July
Aug.
Sept.
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
1,323
1,271 1,204 r 1, 258
Acetylene
mil. cu.ft_. 1,103 1,148
1 145 1 126 1 208 1 197 1 2 1 6
1 154 1 120 1 252 1,233
Ammonia, synthetic anhydrous (commercial)
thous. sh. tons__ 484.1 553. 8
620.2
614.1
636.8
636.7
659.7
528.4
650.7
528. 4
548.5
586. 9
583.8
607.5
614.8
70 o
85.3
85.0
94 9
116.0
112.6
Carbon dioxide, liquid, gas, and solid
do
88 7
108.9
82 8
107 7
90 5
80 5
76 0
93 9
79 2
4 eft n
428.6
500 4
480 6
482 0
483 4
Chlorine gas (100% Cb)
do
454 0
501 1
489 O
4fifi 8
469 0
454 4 470 Q
488 6
87.7
96.6
104.7
104.4
100.8
Hvdrochloric acid (100% HC1)
do
87.3
Q2 g
106.0
104 1
88 4
85 5
94 8
87 2
91 2
88 4
280.8 349.7 325 5
4Q9
g
375.1
341.0
355.7
306.5
349
5
Nitric acid (100% HNO 3 )
do
420 5
336 4
372 7 405 9
414 6
402 0
8,661 10 768 10 140 10 439 10 960 1 0 899 n 744 12 Oil 1 9 901 13 367 13 107 13 402 12 538 12,741 13, 476
Oxygen (high purity)
mil cu ft
9
9^3 3
9f>7 Q
9C9 7
203.9
248.5
266.6
241 7
286.5 280 3 259. 5
Phosphoric acid (100% P.Os)
thous. sh. tons
2°9 5
284 8
238 6
261 n
73 5
Sodium carbonate (soda ash), synthetic (58%
394.4
419.
5
431.6
Na2O)
_
thous. sh. tons.. 383.9 390.1 399 3
415.3
435.1
419 1
375 2 418 9
400 0
388 0 381 2 394 5
10.6
11.2
11.4
11.2
Sodium bichromate and chromate
do.
10.9
12 3
11.7
11 4
11 0
8 9
11 5
10 9
10 5
11 3
93
453.6
508.9
537.0
Sodium hvdroxide (100% NaOH)
do
507.3
503.7
474.7
534.4
495 5
472 4
514 3
484 2
497 8 487 9
497 3 490 2
Sodium silicate (soluble silicate glass) , anhydrous
36.4
46.1
59 g
44.5
thous. sh. tons
53.7
40.5
46.0
52.3
53 1
36 7
45 3
41 4
51 0
40 9
42 5
Sodium sulfates (anhydrous, refined; Glauber's
99.5
107.8
100.5
102.9
109.2
102.8
salt* crude sal t cake)
thous sh tons.
116.1
102 6
95 4
108 3
106 5 107 7 106 1 106 3
103 2
Sulf uric acid (100% HI S OO
do _. 1,641.8 1,744.7 1 687 3 1666 2 1 836 7 1 788 4 1 853 1 1 868 4 1 853 7 1 983 5 2, 016. 2 1, 980. 9 1,859.1 1 750 2 1,816.2
Organic chemicals, production :cf
Acetic acid (svnthetic and natural)
Acetic anhvdride
Acetvlsalicvlic acid (aspirin)
Creosote oil
mil. lb_
do
do
mil. gal__
82. 2
103.5
2.3
7.6
87.4
105.8
2.4
8. 2
84 7
103 7
21
88
72
111
2
9
6
6
3
2
95
104
2
8
4
6
6
6
89 5
106 1
__mi!.lb__
do
do_ __
do
13.9
8.5
119. 5
199.8
14.9
9.2
121.0
212.7
14
9
127
218
14
8
121
216
3
7
4
4
14 2
10 0
132 9
234 3
11 4
7 3
193 1
"64
do
-do
20.8
32.7
24.8
23.8
25 9
19 1
26 8
15 9
29 (5
20 5
99 9
29 1
22 3
_ .mil. gal. .
do .
mil. Ib
.1
28.0
35.6
.1
29.3
39.5
1
31 7
37 1
1
28 7
41 4
30 2
16 1
1
31 4
45 3
1
8 5
40 9
on p
1
29 6
37 4
52.4
151. 4
42.4
5 3
57. 7
171.5
44.4
49 7
177 2
44.0
5. 0
61 7
181 7
40.7
5.8
73 5
180 3
47. 5
7 .5
58 7
169 8
43.9
5.8
22.9
23.0
3.9
23.9
24.0
3.0
23 8
24 3
28
22 0
22 0
2 8
25 6
25 6
2 §
23 6
24 5
602
67
448
71
625
55
487
59
668
60
513
64
696
43
557
81
R7O
81
487
701
64
ft99
CI 7
AK.O
Qq
CO
i no
CO
Imports, total semimanufactures* 9
do
Ammonium nitrate
do
Ammonium sulf a t e
_ _ _ _ _ do
Potassium chloride
do
Sodium nitrate
do
166
18
20
39
36
205
21
20
73
34
232
18
6
75
46
207
19
21
111
14
244
188
9C r
ocq
52
OK
ftp
qi
Potash deliveries (KjO)
do
Superphosphate and other phosphatic fertilizers
(100% PjOs):
Production
_ thous. sh. tons
Stocks end of month
do
197
227
290
161
9 ^8
162
ISO
235
425
269
419
246
456
247
441
9Q1
989
DDT
Fthvl acetate (85%)
Fthvlene glvcol
Formaldehyde (37% HCHO)
Glycerin, refined, all grades:
Production
Stocks, end of month
_ _
Methanol:
Natural
- Svnthetic
Phthalic anhydride
ALCOHOL
Ethyl alcohol and spirits:
Production
Stocks, end of month
Used for denaturation
mil. tax gal
do
_ _do
Denatured alcohol:
Production
mil. wine gal
Consumption (withdrawals) _
do
Stocks end of month
do
FERTILIZERS
Exports, total 9
_ .
_ thous. sh. tons
Nitrogenous materials...
„_ _do
Phosphate materials
do
Potash materials
_ _ __
do
8
6
8
3
27
98
f]
9
81
QfJ
Q
2 ft
8 8
9 4
1 90 A
9
2
n
PQ Q
m
q
45.5
94 ^
90 o
q
3
4
4
7
4
82.9
109 2
2.7
9.1
88.5
115.2
2.1
10.6
87.5
106.5
2.5
9.8
96.2
111.6
2.1
10.7
81.9
116.9
1.9
7.6
13 3
9 4
138 8
219 5
11.3
7 4
129.3
237 7
13.0
8 0
116.9
225 2
12.1
11.9
155.3
229. 5
11.0
5.5
154.1
207. 8
8.7
10.5
147.4
231.8
28 5
27 6
28 5
26 5
23 7
27.7
28.0
31.5
29 9
32.0
26.5
32.3
36 7
1
30 3
44 9
.1
33 9
49 2
.1
34 4
49 9
.1
31.1
48.5
.1
32 8
44. 8
.1
32.2
45.0
60 5
179 5
49.5
56 1
183 0
44.0
53 8
188 9
43.9
54 0
189 3
46.7
53 3
184.9
45.3
5. 5
50.3
183.4
44.8
51 8
187.0
44.8
5. 0
26 6
26 4
3 2
23 7
23 1
37
23 9
24 7
2 9
25 1
24 8
31
23 8
23.5
34
24.2
24.4
36
24 7
25 3
2 9
704
68
495
94
584
55
468
33
684
63
529
50
827
47
660
60
779
39
592
75
948
63
691
105
299
17
36
126
22
376
19
43
150
63
173
17
11
65
22
180
11
7
34
50
124
14
4
42
18
224
21
7
117
23
92 3
111 8
2 g
8 2
94
101
2
7
11 4
88
191 8
207 0
12 8
10 8
109 1
28
97
11
0
6
6
1
9Q3 Q
26 3
25 4
1
9Q Q
ftftQ
39
rqx
1R
9Q
qq
qn
93
125
2
8
r
r
374
233
369
424
254
66
151
qfi4
327
443
336
383
337
249
307
249
272
349
247
408
271
420
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
1306
Black blasting powder.
thous. l b _ _
High explosives
. _ . _ _ _ _ __ _ _ do__ !277,199
Paints, varnish, and lacquer, factory shipments152.7
Total shipments
_
mil $
89.8
Trade products
do
62.9
Industrial finishes ..
. do
Sulfur, native (Frasch) and recovered:
M90
Production
thous Ig tons
Stocks (producers'), end of month
d o _ _ _ 4,832
PLASTICS AND RESIN MATERIALS
Production:
13.2
Cellulose plastic materials.
mil. Ib
Thermosetting resins:
Alkyd resins
do
345.7
Coumarone-indene and petroleum polymer
resins
mil. lb__ 329.0
Polyester resins
_ _ do
317.7
3
Phenolic and other tar acid resins
do
57. 5
Urea and melamine resins
do
340.7
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil. lb_. 3 106. 2
Vinyl resins (resin content basis)
do
3 130. 5
Polyethylene
_
do
168.0
1
1284
301, 665
2
423
321,379
2
2
157.5
93.8
63. 7
176 6
112 2
64 4
160 3
97 i
63 2
3
486
4, 875
476
4 880
473
4 844
195
334, 018
117 7
61 0
56 7
138 8
75 5
63 3
142 5
80 6
61 9
165 2
97 1
68 1
186 0
112 2
73 g
188 5
115 0
73 5
197 8
119 5
78 3
183 1
115 6
67 5
181 3
111 5
69 8
484.
AQr.
4 763
4 760
500
4 780
499
4 786
499
4,720
513
4 686
531
4 676
505
4 614
515
4 501
4 483
100 2
70 Q
138 9
77 0
61 9
4 743
171 1
cqq
12.7
12.1
12.8
14.0
13 8
12 1
11 6
13 0
15 2
13 9
12 4
13 7
11 3
12 1
46.5
47.7
43.3
47.2
40 5
37 7
44 4
44 o
48 5
49 0
48 0
49 8
45 5
49 2
25.8
21 3
61.0
42 2
27.0
21.6
63.0
41 2
25.5
21 2
62.8
42 2
30.2
23 9
69.6
48 5
24.9
21 2
62.0
41 5
25.9
20 4
61 7
38 0
26.0
22 7
66 3
42 8
25.0
23 9
64 0
39 6
27.6
25 4
72 6
43 1
29.8
27 2
71 5
45 9
26.2
27 0
67 3
43 4
'27. 7
26 7
65 5
43 1
27.5
25.3
53 8
70 4
124.3
149.3
188 2
126.6
153.7
189 3
130.1
156.5
183 3
136. 5
168. 3
202 4
133.2
160.5
200 0
127.8
153.0
210 1
132.3
150.5
210 8
136.6
158.3
2C8 7
146.3
173.3
210 1
144.7
174.4
217 8
149.7
176.7
226 6
91 r Q
129.2
156.8
144.8
177.9
r
Revised. i Quarterly average.
2 Beginning Jan. 1963, the estimated totals are based
on a new and larger sample and reflect improved estimating methods, which affect comparability with data for earlier periods; Oct.-Dec. 1962 estimated totals on the new basis appear
on p. S-25 of the Feb. 1964 SURVEY.
a Based on annual total containing revisions not
distributed by months.
141
262, 470
323
322 968
147.5
170.9
oq q
q7 A
91 ft o
cfJData are reported on the basis of 100% content of the specified material unless otherwise
indicated.
9 Includes data not shown separately.
*New series. Data exclude some materials (chiefly crudes) shown in the former series.
Monthly data prior to Jan. 1963 may be obtained from Bu. of Census reports.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
October 1964
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Apr.
May
June
July
Aug.
613
701
906
795
87 987
79, 595
63 652
15 942
84, 534
76, 392
60 092
16 301
87, 226
78, 894
63 031
15 863
90, 585
82, 294
68, 341
13, 953
95, 724
87, 606
73 343
14, 263
94, 949
86, 647
72 763
13, 884
Feb.
Sept.
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and Industrial), total O
mil. kw.-hr__
Electric utilities total
-do
B y fuels
do
By waterpower
do
Privately and municipally owned utll
Other producers (publicly owned)
Industrial establishments total
Bv fuels
By waterpower
Sales to ultimate customers total (EEI)
Commercial and Industrial:
Small light and power
Large light and power
Railways and railroads
Residential or domestic
Street and hlghwav lighting
Other public authorities
Interdepartmental
-
78, 624
71,026
57, 003
14, 024
83, 991
76, 167
62, 379
13, 788
89
81
68
13
do
do
57, 725
13, 301
62, 095
14, 073
67, 161
14 812
61, 769
13 387
63,181
13 531
60, 837
13 637
66, 459
15 802
67, 024
15 304
62, 143
14 558
64, 596
14 999
62, 204
14 188
64, 155
14 739
67, 960
14, 334
72, 645
14 961
71,588
15 059
do
do
do
7,597
7,313
284
7,824
7,555
270
7 887
7 665
222
7 735
7 533
202
8 133
7 917
215
7 963
7 722
241
8 042
7,770
272
8 313
8 019
294
7 912
7 621
291
8 392
8,075
317
8 142
7 807
335
8 332
8,027
305
8,292
8,045
246
8,118
7,892
226
8,302
8,084
218
do
64, 674
69, 234
73 018
72 079
69 516
68 309
71 364
75 196
72 724
72 692
71 549
71 065
72, 775
75, 827
do
do
12, 008
31, 160
13, 387
32, 856
15 639
33 871
15 097
33 790
13 706
34 279
13 095
33 463
14 093 114 165 i 14 061 114 121 114 034 1 14 327 1 15, 551 U7 194
32 593 132 993 ^2,330 133, 330 133 643 134 459 i 34, 675 i 33, 749
do
do
do
do
do
393
18. 868
612
1, 529
104
389
20,141
646
1,683
133
358
20 690
591
1 707
161
348
20, 356
631
1,706
152
373
18 553
691
1 776
138
378
18 793
735
1 719
126
452
21, 630
773
1,716
108
861
973
440
533
82
75
63
12
892
156
144
012
84
76
64
12
845
712
491
222
82
74
61
12
437
474
769
705
90
82
67
14
302
260
653
607
90
82
67
14
642
328
834
495
439
24 932
780
1 769
118
84
76
62
13
436
23 295
711
1 774
118
409
22, 301
693
1,707
130
384
20 982
641
1 721
143
368
19, 431
613
1,712
156
366
19,639
589
1,780
174
359
21, 972
599
1,779
174
Revenue from sales to ultimate customers (Edison
Electric Institute)
mll.$ 1, 085. 4 1, 141. 4 1 200 7 1,187 8 1 136 2 1 119 0 1, 161. 7 1 217 2 1 184 5 1, 169. 0 1 153 0 1, 145 9 1,178.5 1,236.5
GAS
Manufactured and mixed gas (quarterly) reft
Customers, end of quarter, total 9
thous
Residential
__
do
Industrial and commercial
do
Sales to consumers, total 9
Residential
Industrial and commercial. _
mil. therms
do
do
Revenue from sales to consumers, total 9
Residential
Industrial and commercial
Natural gas (quarterly) :d"J
Customers, end of quarter, total 9
Residential
- Industrial and commercial. _
Sales to consumers, total 9
Residential
Industrial and commercial..
mil.$
do
do -
' 1, 540
' 1, 439
'99
' 1, 209
' 1, 125
83
' 1, 172
' 1, 089
'82
530
370
157
-495
'336
'155
'213
'98
'114
67.3
51 3
15.7
'59.0
'44.3
'14.4
'25.8
' 16.3
'9.5
33, 940
31, 207
' 2, 695
1,922
1,800
122
thous. - 32, 674
do
30 014
do
2,624
mil therms
25 045 26 412
do
8,466 ' 8, 828
do _. 15 321 16, 279
Revenue from sales to consumers, total 9 — mil. $. 1,541.3 1,620.6
Residential
___do
847.7 ' 886. 2
Industrial and commercial
_.do
651 0 ' 689. 0
1,197
1,112
84
1,162
1,081
80
'418
'269
'146
667
480
184
369
217
150
'46.2
' 33.4
' 12.7
75.3
57 0
17 9
42.4
29.4
12.8
'33,940
'31,277
' 2, 626
'34,996
'32, 150
' 2, 807
35, 104
32 201
2,866
34, 999
32, 163
2,797
'19 550
' 2, 996
'15,304
'25 947
' 8, 168
'16,457
37 972
17, 093
19 082
26 699
7,851
17, 378
'1,006.6
' 404. 0
' 563 0
'1,601.7
' 852. 7
' 702 6
2, 533. 0
1 563 0
907 2
1, 579. 9
819.6
712.3
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
mil. bbl_.
8.07
Taxable withdrawals
do
7.60
Stocks, end of month
do
10.46
Distilled spirits (total):
Production
mil. tax gal_. 12.90
Consumptlon, apparent, for beverage purposes
mil. wine gal_. 21.14
Taxable withdrawals
..mil. tax gal-- 10.27
Stocks, end of month
do .. 882. 72
Imports
mh proof gal
3 60
Whisky:
Production
mil. tax gal-9.41
Taxable withdrawals
do
7.18
Stocks, end of month
do
859. 13
Imports
mil. proof gal3 18
8.39
7 82
10 76
9.38
9.26
11 18
31.27
7.93
7 95
10 19
6.85
6 73
9 85
7.63
6 74
10 08
7.50
6 42
10 68
8.95
7 80
11 30
9.63
8 49
11 82
9.28
8 73
11 77
10.31
9 48
11 93
11.54
10 92
11 77
8.52
9.42
15.99
13.39
14.18
13.89
13.51
14.06
14.51
13.38
12.79
8.65
21.58
10.34
876 90
3 82
20.12
10.02
874 49
3 35
19.46
11.11
869 81
3 94
24.45
14.57
867 44
5 71
25. 89
11.36
865 87
5 37
30.92
8.56
870 00
4 87
18.49
9.34
871 77
3 03
18.43
9.53
873 19
3 07
21.84
10.51
874 44
21.08
11.46
874 54
3 84
22.27
10.91
874 27
3 71
22.03
10.98
873 92
4 16
20.94
9.51
871 04
8.74
7.08
852. 54
3 35
5.06
6.46
851. 80
2 92
5.80
8.02
846 88
3 38
10.13
10.85
843 02
5 04
8.49
8.38
840 03
4 83
9.99
5.91
842 40
4 19
10.38
6.46
844 01
1 57
10.27
6.73
854 14
1 77
10.36
7.05
846 10
3 23
10.95
7.50
846 91
3 42
9.44
7.05
846 76
1 48
8.46
6.56
846 81
3 71
5.03
5.72
844 27
2 g5
7.74
5 ao
10.88
8 qc
8.15
6 94.
5.87
6.35
4 qo
6.27
4 C-1
7.24
1C
7.85
7.38
7.27
6.35
34
.39
3.21
09
45
.54
3 07
18
.57
2.86
14
44
.59
2.65
15
43
.34
2 71
06
48
.27
2 88
06
63
.34
3.14
08
53
.33
3 31
38
.36
3 30
0°
68
.43
3 49
09
27
.28
3 46
45 43
12.5?
155. 87
108 68
15.56
246. 45
21 47
14 07
249. 05
4 76
13 71
229. 08
2 73
13 57
213. 89
2 97
13 76
201. 61
3 40
15 96
185. 83
1. 10
2 19
QC
13 80
175. 68
.90
1 84
12 86
164. 18
1. 16
1 Q9
13 25
150. 88
1. 21
10 42
139. 42
1.02
118.07
202.64
70.11
18.48
5.10
8.38
6.15
1.79
1.51
.86
1.40
39.39
9.98
-I
r»7
r
1
Revised.
Not directly comparable with data through 1963. Comparable figures for
Jan.-July 1963, respectively (mil. kw.-hr.): Small light and power—12,609- 12535- 1261712,577; 12,889; 14,084; 15,562; large—31,105; 30,442; 31,440; 31,753; 32,496; 32,723; 32, 456.' ' '
©Revisions for Jan.-Dec. 1962 appear on p. 24 of the Mar. 1964 SURVEY.
7.31
7 05
9 67
12.50
Rectlfled spirits and wines, production, total
7.24
7.20
6.73
mil. proof gal- Whisky
do
5 33
5 19
4 62
Wines and distilling materials:
Effervescent wines:
Production
mil. wine gal.37
.40
.36
Taxable withdrawals
do
.32
.35
.31
Stocks, end of month..
do
2.79
3.29
3.00
Imports
do
09
09
05
Still wines:
Production
do _. 15.78 ' 16 86 3 04
Taxable withdrawals.
do
12.52
13.11
12.84
Stocks, end of month
do
178. 86 185. 04 120. 84
11 1
Q7
Inc
Imports
do
Distilling materials produced at wtneries.__do
7.42
7 37
10 72
A
q co
no
3
97
07
9.88
9 40
11 56
3
CO
3 07
07
1.09
cfThe averages shown for gas are quarterly averages.
t Re vised data for 1st and 2d qtrs. of 1962 appear in the
the Sept. .1963 SURVEY; those for 1st and
2d qtrs. of 1963 will be shown later.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
October 1964
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
S-27
1963
Aug.
Sept.
Oct.
1964
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
181.4
.623
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory) t _.
__ _
Stocks cold storage end of month
Price, wholesale, 92-score (N.Y.)
_
Cheese:
Production (factory) total J
American, whole milkj
_
mil. lb_
do
$ per Ib
128.1
363.4
.594
118.3
328.4
.590
95.2
367.0
.590
85.5
328.7
.603
91.8
284.5
.596
91.9
241.3
.593
111.6
207.0
.593
128.8
187. 1
.587
123.5
191.2
.587
139.4
191.0
.586
142.7
195.7
.586
153.5
203. 5
.587
142.9
234.9
.587
110.7
243.7
.591
95.8
'221.2
.604
mil. Ib
do_.
132.1
91.1
136.1
93.4
139.8
99.7
127.0
86.6
122.5
81.6
115.7
73.7
124. 5
78.3
125.9
82.4
124.0
81.4
145.8
96.5
151.8
106.5
176.4
128.3
175.3
128.1
151.0
108.7
140.8
97.7
463.4
Stocks, cold storage, end of month, total
do...
American, whole milk
do.__
420.4
6.5
Im ports
do
Price, wholesale, American, single daisies (Chicago)
Sperlb.
.400
Condensed and evaporated milk:
Production, case goods :t
6.1
Condensed (sweetened)
mil. Ib
160.7
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of mo.:
Condensed (sweetened)
mil. Ib
5.0
178.4
Evaporated (unsweetened)
do
Exports:
4.0
Condensed (sweetened)
do_.
5.5
Evaporated (unsweetened)
do
Price, Tr>anufacturers' average selling:
6.11
Evaporated (unsweetened)
$ per case-Fluid milk:
Production on farms
mil. Ib . 10,502
5,216
TTtili/ation in mfd dairy productscf
do
4.10
Price wholesale TT S average
$ per 100 Ib
Drv milk:
Production:!
6.6
Drv whole milk
_ _ mil. Ib
185.5
Nonfat drv milk (human food)
do
Stocks, manufacturers', end of month:
6.3
Drv whole milk
do
Nonfat dry milk (human food)
do _ _ . 123.4
Exnorts:
1.1
Drv whole milk
_
do.- .
25.5
Nonfat drv milk (human food)
do
Price, manufacturers' average selling, nonfat dry
.148
milk (human food)
$perlb__
GRAIN AND GRAIN PRODUCTS
96.9
Exports (barley, corn, oats, rye, wheat). -.mil. bu_.
385.0
344.9
6.9
435.2
390.6
3.8
407.9
363.9
5.1
378.2
336.9
7.5
363.3
323.7
9.7
340.7
301.6
8.4
318.1
279.2
6.6
301.6
263.7
4.6
301.7
264.0
8.5
323.1
284.0
6.4
352.2
309.7
7.0
«• 381. 8
339.2
5.4
398.6
353.1
3.6
'388.6
'341.1
4.6
364.4
319.1
.426
.428
.428
.432
.432
.432
.430
.430
.422
.420
.420
.421
.428
.431
.446
6.6
158.1
9.6
175.2
6.9
140.3
3.9
129.7
4.0
122.2
7.0
133.9
6.0
140.3
5.6
141.5
6.7
150.0
10.7
160.8
10.0
208.5
7.2
202.0
8.3
184.0
8.8
174.0
6.6
162.9
10.4
243.1
6.2
231.8
5.7
199.8
6.5
150.8
5.8
131.7
5.9
96.8
6.1
82.6
7.3
69.7
9.1
82.6
10.0
147.6
9.6
208.2
9.4
249.7
9.9
286.3
5.0
5.2
9.3
3.3
5.9
10.0
7.9
3.3
.3
3.8
7.0
2.9
3.3
2.5
3.0
3.1
3.4
2.4
5.2
3.0
8.6
2.7
5.4
3.0
5.4
3.3
6.8
3.1
5.93
5.93
5.93
Barley:
Production (crop estimate)
Corn:
Production (crop estimate, grain only) ..mil. bu._
Grindlngs, wet process
do
Stocks (domestic), end of quarter, total
mil. bu_On farms
do
Off farms
do
Exports, Including meal and
flour
do
Prices, wholesale:
No 3, yellow (Chicago)
$ per bu
Weighted avg., 5 markets, all grades. . ..do
Stocks (domestic), end of quarter, total
On farms
Off farms
-
6.00
6.00
6.00
5.99
6.00
6.00
5.98
5.98
5.96
5.94
10, 130
4,983
4.08
9,558
4,183
4.29
9, 557
4,148
4.43
9,205
3,900
4.48
9,706
4,399
4.42
10, 066
4,922
4.34
9,842
4,917
4.25
11,007
5,655
4.12
11, 346
5,904
3.94
12, 330
6,613
3.82
7.6
174.7
8.1
144.8
7.6
119.4
7.1
121.4
6.7
128.2
6.3
158.3
7.6
176.9
6.6
181.0
7.3
206.7
7.8
217.7
7.4
250.2
6.6
235.6
6.8
181.5
7.5
148.1
5.7
95.0
5.5
99.3
4.8
82.1
5.0
63.0
5.3
64.3
5.3
81.5
6.1
80.9
5.8
86.1
6.6
97.6
7.5
104.6
7.1
130.6
6.4
128.6
6.2
127.3
5.9
114.4
2.5
44.6
4.7
48.7
2.6
39.2
2.0
41.9
1.6
53.6
2.9
38.0
2.1
27.4
.8
37.9
.8
88.6
1.1
61.0
1.3
119.4
.6
107.1
2.4
93.5
.9
65.5
.144
.144
.144
.144
.144
.146
.146
.146
.146
.146
.146
.146
.143
.146
103.4
84.6
92.7
115.6
125.6
130.7
123.8
112.5
123.4
126.6
129.8
96.8
91.8
99.7
284. 8 3 284. 0
' J60.8 3 165. 0
3
124.0 3119.0
4.8
8.3
4.2
426.0
262 6
163.4
5.5
4.8
7.7
329.5
199 1
130 4
5.8
5.5
6.7
231.0
129.2
101 8
2.9
1.26
1.20
1.19
1.11
1.11
1.02
1.18
1.09
1.22
1.14
1.21
1.11
1.18
1.09
1.18
1.10
1.16
1.09
1.18
1.10
13,637
14.3
14,082
15.4
16.4
15.3
16.8
16.7
14.4
15.9
15.9
17.4
16.5
46.8
33.5
3,264
2 254
1 010
33.5
1.22
1.20
1.19
1.18
1.21
1.21
1
do
Stocks (domestic), end of quarter, total
do
On farms—
_
»
do
Off farms ..
do
Exports, including malt§.—
.do
Prices, wholesale (Minneapolis):
No 2 malting
-- - $ per bu.
No 3, straight
.
do
Oats:
Production (crop estimate)
6.01
10, 399
5,099
4.10
mil. bu_.
436. 4 i 399. 9
2, 929 3 2, 705
1,807 3 1, 779
3926
1,122
36.6
35.5
26.6
27.8
33.5
55.7
4 353
3,217
1 136
54.7
1.24
1.20
1.32
1.25
1.35
1.26
1.18
1.19
1.15
1.16
1.19
1.19
1.11
1.08
1
do
do
do
1, 020
1981
3
628
3
3
553
374
Exports, Including oatmeal
do
Price, wholesale, No. 2, white (Chicago) t
iperbu..
Rye:
Production (crop estimate)
mil. bu~
Stocks (domestic), end of quarter, total
do
Price, wholesale, No. 2 (Minneapolis)...! per bu..
r
4 gQl
2.0
3.4
1.23
1.16
1.19
1.11
1.18
1.08
1.16
1.06
1.23
1.17
17.2
17.0
15.2
15.7
2 3, 564
15.9
42.4
35.4
2,345
1 479
866
28.0
32.8
42.9
1.24
1.24
1.28
1.27
1.26
1.24
1.22
1.21
1.25
1.23
1.26
1.25
2893
946
833
113
4
4
517
446
72
773
688
85
315
252
4
63
.9
1.2
.8
.6
.2
.2
.2
.2
.1
.3
.7
.9
.6
1.0
.73
.68
.71
.71
.72
.74
.75
.71
.68
.68
.66
.66
.65
.68
66
54
61
45
271
62
81
46
70
84
206
89
138
187
141
82
163
184
103
109
66
42
62
55
68
42
170.1
.71
272.5
132
78
75
192
200
168
232
143
170
105
69
74
56
54
438
270
836
234
1,679
332
1,113
357
377
264
295
329
329
379
192
386
123
555
148
494
71
428
58
355
135
306
717
395
957
220
.093
570
97
.090
1,340
87
.087
1,235
197
.088
1,710
203
.088
1,592
357
.088
1,447
314
.088
1,197
419
.088
931
356
.088
746
400
.088
531
265
.088
372
237
.088
296
122
.088
559
79
P. 088
129.4
315.0
1.30
1.22
23.1
1.42
1.45
Revised.
v Preliminary. 2
i Crop estimate for the year.
Oct. 1 estimate of 1964 crop.
3 Quarterly average.
Old crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye, and wheat; Oct. for corn).
^Revisions are available upon request as follows: Jan. 1961-June 1962 and Jan.-May 1963
for cheese and nonfat dry milk; Jan.-June 1962 and Jan.-May 1963 for butter and condensed,
evaporated,
and dry whole milk.
4
5.0
1.22
1.14
2.5
MO. 8
19.9
1.22
3
4 i 3i6
^514
621
3545
376
122
85
4.28
* 4 132. 7
59.7
* 73 1
7.7
12.6
.71
Rice:
Production (crop estimate)
mil. bags9 - * 66.0
California mills:
Receipts, domestic, rough
mil. lb._
126
Shipments from mills, milled rice.
do
79
Stocks, rough and cleaned (cleaned basis), end
of month...
mil. lb_.
97
Southern States mills (Ark., La., Term., Tex.):
Receipts, rough, from producers
mil. lb_.
364
Shipments from mills, milled rice.
do
255
Stocks, domestic, rough and cleaned (cleaned
basis), end of month
mil lb._
866
Exports
do
193
Price, wholesale, Nato, No. 2 (N.O.)
$ per lb_.
.094
9,626
2 388. 5
3
s
2
s
11, 790 10, 824 10, 177
6,528 ' 5, 620 5,012
3.94
4.10
3.78
234.4
4
14.8
10.8
53
1.42
1.44
i.48
1-34
1.32
1.38
1.29
1.19
1.28
1.20
1.27
cf Revised series; data reflect inclusion of creamed cottage cheese and frozen product8
(formerly excluded). Revisions for 1946 and 1952-58 (former series) and 1958-62 (revised
series) appear on p. 24 of the Mar. 1964 SURVEY.
§ Excludes a small amount of pearl barley.
t Revised series (for No. 2; formerly, for No. 3).
9 Bags of 100 Ib.
SUKVEY OF CURRENT BUSINESS
S-28
1963
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
October 1964
1964
1963
Sept.
Aug.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate) total
Spring wheat
Winter wheat
_Distribution (quarterly total)
mil.bu_
__do
do
-do
i 1, 094
1273
1821
3
316
1
Stocks (domestic), end of quarter, total
On farms
OfY farms
do
do
do
31,713
3
259
3
1, 453
3
Exports total Including
When t only
do
do
49.2
43.0
flour
2 1, 286
2267
1,019
1, 138
1233
1905
2337
392
329
410
306
1.563
3
252
3
1,311
1,941
409
1,533
1,613
309
1,304
1,205
153
1,052
<900
4
75
* 825
2
59.7
53.3
52.1
47.6
58.1
52.2
75.5
70.4
61.0
55.1
68.9
60.0
s 70.5
66.0
71.5
65.6
86.6
81.5
78.0
70.7
79.5
72.1
60.0
54.8
56.3
52.8
52.3
44.6
2.42
2.20
2.33
2.26
2.03
2.19
2.36
2.09
2.29
2.43
2.20
2.37
2.39
2 21
2^34
2.37
2.23
2.31
2.37
2.24
2.31
2.32
2.23
2.27
2.25
2.17
2.19
2.34
2.26
2.26
2.35
2.13
2.26
2.38
1.53
1.58
1.70
1.55
1.59
1.74
1.58
1.69
21, 991
92.6
407
49, 976
22, 886
95.3
425
51, 990
21, 409
97.9
400
48, 798
24, 649
98.0
459
56, 105
29 2^0
101.6
412
50, 558
21,399
91.8
393
48, 599
23, 519
97.5
433
53, 494
21, 218
96.8
390
47, 872
21, 956
90.0
406
49, 646
22, 241
91.2
411
50, 226
21,961
94.3
409
49, 897
27, 057
111.0
507
61,557
14, 953
58.7
283
34, 215
20, 818
89.6
390
47, 324
4, 710
2,808
1,937
4,516
2,570
2,232
2,550
4 823
3,878
1,912
2,527
5 843
2,183
3,127
3,191
5,354
2,249
1,540
3,289
5.639
5.365
5.013
4.900
5. 550
5.283
5. 725
5.467
5.738
5.450
5.538
5.233
5.538
5.250
5.563
5.300
5.313
5. 150
5.600
5.400
5.478
5.250
5.783
5.333
r
5.983
5. 643
p 5. 762
P5.513
415
1,695
1,225
595
378
1,805
1,173
551
366
1,900
1,167
468
395
1,829
1,287
717
462
2,092
1,592
1,281
385
1,793
1,283
1,133
400
1,808
1,205
578
412
2,013
1,189
525
342
1,710
969
319
400
1,878
1,141
384
379
2,045
1,139
355
321
2,070
1,082
322
338
2,207
1,257
260
0
385
384
2,162 ' 2, 125
1,201
1,228
359
588
1,301
27.20
24.53
29.75
23.79
22.95
30.00
24.47
23.67
27.50
23.80
22.71
28.50
23.97
22.38
27.50
23.38
21.53
30. 50
22.16
20.06
30.50
22.38
21.17
31.50
21.18
21.57
34.00
21.38
21.42
31.50
21.03
20.91
26.50
20.29
19.24
27.50
21.37
18.92
23.50
23.15
18.81
23.00
24.94
19.30
p 22. 50
25.82
19.79
5,648
1,650
5,965
1,646
5,174
1,393
5,868
1,573
6,775
1,846
6,380
1,726
6,695
1,874
6,956
1,828
5,898
1,511
6,420
1,635
6,481
1,681
5,476
1,460
5,038
1,443
4,928
1,405
4,841
1,294
1,506
16.44
15.03
16.60
15.53
15.29
14.39
13.76
16.4
13.6
14.0
'12.8
14.1
13.9
1,224
524
224
1,163
444
200
1,204
442
223
1,236
601
428
1,441
640
457
19.45
15. 57
18.69
16.50
617. 83 r 17. 50
2,151
2,292
2,187
2,245
481
42
109
592
45
122
522
42
142
523
47
144
, 046. 6
163.5
2.3
79.0
,137.4
217.2
2.3
92.0
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ perbu.
2.48
2.19
N T o.2,hd. anddk. hd. winter (Kans. Clty).do_._
2.41
Weightedavg., 6 markets, all grades
do._.
Wheat flour:
Production:
Flour
__.thous. sacks (100 lb.)__ 21, 839
92.4
Oppntlons percent of capacity
406
Offal
'_
.thous. sh tons..
Orindine^'of wheat
-- thous b u _ _ 49, 613
Stocks held bv mills, end of quarter
3
thous. sacks (100 lb.)__ 4, 584
2,686
"Exports
do
Prices, wholesale:
Spring, standard patent (Minneapolis)
$ p e r l 0 0 1 b _ _ 5.909
5.621
Winter, hard, 95% patent (Kans. Olty)...do
3
1.80
1.63
1.72
LIVESTOCK
Cattle, and calves:
Slaughter (federally Inspected) :
Calves
thous animals..
Cattle
do
"RPPPJP^ (salable) at 27 Dubllc markets
do
Shipments feeder to 8 corn -belt States
do __
Prices, vvholesalo:
Bpef steers (Chicago)
-$ per TOO Ib _
Steers, stockerand feeder (Kansas City)._do
Calves, vealers (Natl. Stockyards, III.).. .do
HogsSlaughter ("federally inspected)
thous animals,.
Receipts (salable) at 27 public markets
do
Wholesale, average, all grades (Chicago)
$ perlOOlb..
Hoe-corn price ratio (bu. of corn equal In value
to 100 Ib live hog)
Shoop and lambs:
Slaughter (federally inspected)
thous animals.
Reeeipts (salable) at 27 public markets
do
Shipments, feeder, to 8 corn-belt States. __ do
Prices, wholesale:
Lambs, average (Chicago)
$ per 100 lb_.
Lambs, feeder, good and choice (Omaha) .do
6
r
18.75
17. 47
r
8
14.22
14.37
14.22
13.89
14.46
15.22
15.88
16.21
16.40
12.7
13.2
13.2
12.7
12.3
12.3
12.8
14.2
13.9
13.5
1,112
419
213
1,105
406
122
1,296
394
146
980
294
143
1,035
304
133
1,052
319
171
986
289
215
1,056
337
154
1,118
179
1,020
385
314
511
18.88
17. 00
19.38
(7)
19.50
O
21.12
(0
22.25
(7)
22.25
O
24.00
(7)
23.75
0
23.38
(7)
23.50
(7)
22.50
(7)
2,582
2,366
2,450
2,662
2,252
2,447
2,575
2,406
2,404
2,332
2,221
541
58
132
623
62
112
653
49
121
729
60
119
773
56
73
810
53
101
872
47
89
873
63
76
833
56
126
731
49
75
-628
48
106
, 292. 8 1,119.3 1,220.2
282.1 284.5
297.5
2.1
3.5
2.5
89.3
51.9
71.4
,314.8
276.3
3.9
66.4
, 319. 6
285.7
5.7
53.1
18.25
17. 10
r
T
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in), inspected
slaughter
.
mil. Ib
Stocks (excluding lard), cold storage, end of
month
_
„_
_ mil. Ib
Exports (meat and meat preparations)!
do ..
Imports (meat and meat preparations)!
do
Beef and veal:
Production, inspected slaughter
do
Stocks, cold storage, end of month
do
Exports..
_ _ _ _
__ _ - d o
Imports
_
do
Price, wholesale, beef, fresh, steer carcasses, choice
C600-700 Ibs.) (New York)
$ per Ib
Lamb and mutton:
Production, inspected slaughter...
mil. Ib
Stocks, cold storage, end of month
do
, 187. 3 1, 136. 8
228.2
208.8
2.8
2.7
115.7
122.0
, 291. 2 1,117.8 1, 137. 9
246.1
279. 5 287. 6
2.9
3.2
2.4
105. 7
89.8
90.6
, 384. 8 , 336. 5 , 278. 0
300.4
296.3 ' 300. 9 263.2
5.0
3.8
3.1
99.6
66.3
99.9
.464
.417
.422
.426
.417
.404
.391
.398
.381
.378
.379
.372
.384
.408
.424
57.9
14.3
55.6
19.5
55.7
19.8
57.4
18.0
67.3
17.8
52.5
17.2
53.2
18.6
63.9
18.3
49.6
18.4
52.5
18.3
53.6
16.3
48.2
16.4
48.3
18.2
51.0
17.3
46.2
, 305. 6 , 082. 8
Pork (including lard), production, inspected slaughter
mil. lb_. 1,046.5 , 099. 0 943.5 , 050. 6 , 223. 4
Pork (excluding lard):
Production, inspected slaughter..
__
do
856.6
806.0
735. 3 823.7
959.3
279.2
Stocks, cold storage, end of month
_.do
235.9
220.0
210.4
208.9
5.3
Exports _
_
..
do
11.5
6.5
9.7
14.4
17.6
Imports _ . _ . _
_ _
_
do .
17.0
14.3
14.8
19.1
Prices, wholesale:
8.491
.464
Hams, smoked, composite
$ per Ib
.488
.465
.463
Fresh loins, 8-12 Ib. average (New York). do
.475
.443
.478
.498
.461
Lard:
Production, inspected slaughter
mil. l b _ _ 175.3
176.4
165.1
151.3
191.3
Stocks, dry and cold storage, end of mo
do
98.9
123.1
81.2
88.3
75.2
Exports
"_
do
35.2
44.8
53.2
64.8
47.6
Price, wholesale, refined (Chicago)
$ per lb__
.122
.125
.125
.123
.131
' Revised.
v Preliminary.
1
2
3
Crop estimate for the year.
Oct. 1 estimate of 1964 cro]-).
Q uarterly average.
« Old crop only; new grain not reported until begin ning of r ew crop year (.hi !y for wtleat).
5
Beginning Jan. 1964, flour included in total is coiaverted ;o grain equivale nt on ba sis of
2.33 bu. of wheat to 100 Ib. of flour (2.3 bu. formerly iised).
6
7
Average based on months for which quotations ani available.
No quc tat ion.
, 195. 7 , 259. 2
537
' 16. 1
, 174. 7
, 206. 5
, 038. 1
970.9
944.4
896.9
939.2
250. 2
15.1
16.2
987.4
276.7
16.5
18.6
, 017. 1
332.8
22.9
16.7
854.4
382.3
18.5
14.8
914.5
411.2
13.0
19.7
940.9
473.6
10.9
16.3
798.4
468.8
13.5
18.0
743.6
412.9
12.9
17.0
733.6
321.4
8.6
17.8
694.7
' 229. 1
5.9
15.9
.472
.427
.480
.417
.458
.438
.457
.413
.452
.409
.435
.401
.423
.395
.448
.461
.453
.503
P. 475
.513
.430
15.2
183.1
.503
187.1
173.0
198.4
209.4
189.1 193.0
175.7
155.5
165.7
147.8
92.4
119.4
124.9
105.7
113.6
116.3
125.2
96.3
98.1
89.0
35.2
62.7
32.7
52.3
51.6
72.8
91.1
51.9
45.8
46.3
.143
.131
.125
.128
.126
.130
.131
.130
.130 P . 131
S M -mthly a perage bjised on 11 month 3 (Feb.-IDec.).
J R e vised eff ective Ja n. 1961 iii accorda nee with the Staiidard In ternation al Trade Classificalio n (SITC ) group!ng of iteims; this grouping exclude s lard (iricluded n formei• export
series) and sau sage cas ngs (fonnerly in eluded) 13ut inclu des mea t extract s, etc. (f ormerly
excluc ed). D ita for J an. 1961- Aug. 196 2 are a\Bailable jpon recluest. ° Beginniiig July
1964, d ata are f or 26 pul)lic mark ets.
SUEVEY OF CUERENT BUSINESS
October 1964
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in t he 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
S-29
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS
Poultry:
578
604
701
735
833
fiSR
636
552
xrn
AQA
541
569
611
635
699
306
199
295
184
256
155
363
251
490
361
426
288
364
217
359
215
320
188
273
151
241
123
219
100
211
89
227
102
' 275
••149
364
230
.144
.138
.137
.130
.134
.138
.128
. 139
.141
.140
.135
.130
.135
.145
.140
.145
14.5
U4.6
14.2
13.6
14.3
14 2
14.7
14 8
14 4
16 0
15.7
16.0
15.0
14.9
14.5
14.0
186
82
132
73
206
105
154
95
137
80
111
68
67
55
137
44
78
40
36
46
81
62
171
86
201
106
184
114
'119
108
154
97
.334
.343
.337
.395
.375
.376
.372
.387
.320
.326
.290
.276
.293
.326
.381
.362
23 8
.208
23.5
.253
16 7
.245
19 3
.256
19 3
.276
13 8
.255
21 0
.261
26 7
.263
23 9
.233
29 4
.236
16.8
.220
17.6
.228
22.2
.224
18.4
.235
26.8
.228
p. 234
» 3, 355
5, 669
2
3,922
2
2 041
758
1,986
772
1 888
745
2 167
908
2 486
949
2 181
1,026
2 143
982
1 977
718
1 Q70
591
2 476
1,006
2,460
843
1,597
302
1,344
399
1,552
441
1,428
368
.344
105
.345
110
.335
95
.335
154
.353
148
.380
133
.380
119
.480
129
.465
120
.505
109
.500
104
.490
89
.485
r
86
.475
'77
.472
101
180
206
230
236
243
249
244
220
178
163
156
162
177
200
' 216
217
1,424
'943
••658
••308
275
175
25
130
625
1,345
1,835
1,695
1,370
1,380
780
255
273
550
166
314
540
159
98
516
179
146
230
98
750
424
150
938
241
94
939
124
56
595
1 213
78
305
224
108
197
371
228
120
348
223
66
399
216
45
723
244
79
628
224
783
190
821
813
1 599
836
832
1,675
921
917
1,273
960
958
1 023
968
967
1,273
639
637
1 920
952
950
2 487
642
641
2 579
583
582
2 581
701
700
2 533
732
731
2 341
765
764
2 185
919
918
1 866
976
974
1, 493
1 1, 232
259
342
186
154
209
1 127
407
396
231
231
359
102
25
359
91
14
404
133
5
383
101
3
42
351
90
19
214
9
19
367
170
11
271
101
6
.065
.081
.065
.073
.092
.063
p . 062
.569
.089
.688
.111
753
.108
.681
.099
.675
.114
7,717- 11,011
13, 439
10, 571
8,851
10, 823
10, 627
Stocks, cold storage (frozen), end of month, total
mil. lb__
Turkevs
do
Price, in Georgia producing area, live broilers
$ per lb._
Eggs:
Production on farms
mil casesO
Stocks, cold storage, end of month:
Shell..
thous. casesO..
Frozen
mil Ib
Price, wholesale, extras, large (delivered; Chicago)
$ per doz._
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl shells)
thous Ig tons
Price, wholesale, Accra (New York)
$ per lb_.
Coffee (green):
Inventories (roasters', importers', dealers'), end
of quarter
thous. bagscf
Roastings (green weight) quarterly total do
Imports total
do
From Brazil
do
Price, wholesale, Santos, No. 4 (New York)
$perlb__
Confectionery manufacturers' sales
mil $
Fish:
Stocks, cold storage, end of month
mil. lb__
Sugar:
Cuban stocks, raw, end of month
thous. Spanish tons_.
TJnited States:
Deliveries and supply (raw basis) :§
Production and receipts:
Production
thous sh tons
Entries from off-shore total 9
do
ITawaii and Puerto Rico
do
Deliveries total 9
do
For domestic consumption
do
Stocks raw and refined end of month do
Exports raw and refined
sh tons
ImportsRaw sugar, total 9
thous sh tons
From Republic of the Philippines
do
Refined sugar, total
do
Prices (New York) :
Raw, wholesale
$perlb
Refined:
Retail (incl N E New Jersey) $ per 5 Ib
Wholesale (excl. excise tax) .
$ per Ib
Tea, imports
thous. Ib
Bakincr or frying fats (incl. shortening):
Production
mil Ib
Stocks (producers' and warehouse), end of month
mil Ib
Salad or cooking oils:
Production
_
do
Stocks (producers' and warehouse), end of month
mil. Ib
Margarine:
Production
do
Stocks (producers' and warehouse), end of month
mil Ib
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered).
$ per Ib
2
4,008
5 074
5, 704
4,726
6 306
4,216
5,016
4,366
6 645
r
585
785
571
367
423
94
14
163
68
2
92
11
2
226
89
1
205
42
3
340
127
1
293
77
5
.095
.084
.095
. 082
073
.074
.068
.066
750
. 127
771
.122
769
.125
774
.118
737
.112
722
.105
696
.102
.668
.092
.092
p. 092
12,377
13, 982
11,552
10, 409
10, 392
8,533
228.9
352
r
10, 808
10, 503
224.0
211.1
211.4
214.5
258.1
228.8
203.0
207.1
209 8
213 o
216 3
221 A
233.8
182.2
173.5
132.3
112.0
103.7
103.4
104.2
119 3
114.2
113 4
113 9
116 5
122.1
131.1
117.2
99.9
211.0
191.0
190.5
183.9
187.5
177.0
183. 2
175.6
199 9
211 4
201 0
207.4
235.1
238.8
296.1
245.0
248.7
258.2
210.2
(4)
160.0
145. 1
137.5
124.7
119 5
126.2
129.0
120.7
104.7
116.9
143.8
145.4
136.7
148.6
161.3
147. 9
163.1
181.4
159 4
159 8
150 2
138.4
134.3
136.5
142.5
39.0
45.8
41.7
40.8
44.1
40.8
36.4
42.7
46.7
52 0
48.6
50.6
47.2
44.4
44.8
.256
.238
.238
.238
.238
.238
.238
238
238
238
238
238
.238
.238
P. 238
42.8
37.7
38.5
28.8
41.3
30.2
46.3
37.2
41.9
37 3
44.6
39 2
49.6
42.0
45.9
40.4
41.9
34.9
43.3
43.6
37.8
p. 455
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
35.8
Production (quantities rendered)
-mil. Ib
41.4
45.4
39.7
42.5
30.7
Consumption in end products
do .
39.5
35.9
33.6
36.5
Stocks (factory and warehouse), end of month
41.3
39.1
33.9
29.8
mil. Ib.. 25.7
Tallow and grease (except wool), inedible:
287.8 317.2
Production (quantities rendered)
do
330.5 304.5 350.3
150.6
Consumption in end products
do
150.7
157.5
145.6
167.0
Stocks (factory and warehouse), end of month
mil. lb__ 384.7 385.9 354.6 333.6 353.0
Fish and marine mammal oils:
21.3
15.3
Production!
do
34 2
19 8
14 2
Consumption in end products „
do
8.2
7.4
7.0
7.0
8.1
Stocks (factory and warehouse), end of month
mil.lb- 144.0 6 166. 5
176.5 181.5 159.0
' Revised. » Preliminary. 1 Beginning Jan. 1963, includes data for Alaska and Hawaii.
2 Quarterly average.
3 Effective Sept. 1963, Includes small amounts of refined sugar,
tinctured, colored, or adulterated.
< Not available.
» Beginning Jan. 1964, data are not
comparable with those for earlier periods; consumption for feed now based on Tenderers'
shipments instead of feed mill reports.
« Beginning March 1963, includes7 General Services
Administration stocks no longer required for the strategic stockpile.
Includes a significant amount described as "contaminated."
29.0
35.6
35.7
36.4
37.4
38.5
38.7
35.5
27.7
327.3
140.1
319.9
141.8
363.3
s 183. 6
336.4
173.2
335.3
161.8
366.0
173.8
361.0
178.3
351.3 r 347. 4
193.0
159.9
332.2
184.0
372.8
386.2
395.9
3
6 9
395.9
331.1
331.9
314.7
305.3
61
6.5
387.3
7
6.5
421.5
10 0
7.2
35
7.6
29 4
68
40 2
31 8
r
62
25 7
7 4
7
2
6.9
r7 0
197. 1 7 168. 4 7 129. 8
110.5
95.5
113.2
99.4
124.6 ' 139. 6 145.1
O Cases of 30 dozen.
cfBags of 132.276 Ib.
9 Includes data not shown separately; see also note "§
§ Monthly data reflect cumulative revisions for prior periods.
AFor data on lard, see p. S-28.
tRevisions for Jan.-June 1962 appear in the Sept. 1963 SURVEY.
October 1964
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude
mil 1b
Refined
do__
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil lb
Imports
.
do
Corroil:
Production :
Crude
do
Refined
do
Consumption in end productst
do
Stocks, crude and refined (factory and warehouse) e n d o f m o n t h t
mil lb
Cottonseed cake and meal:
Production
thous sh tons
Stocks (at oil mills) end of month
do
Cottonseed oil:
Production:
Crude
mil lb
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil lb
Exports (crude and refined)*
do
Price wholesale (drums* N Y )
$perlb
Linseed oil:
Production crude (raw)
mil lb
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of month _
.
mil lb
Price wholesale (Minneapolis)
$ per lb
Soybean cake and meal:
Production
_ _ _ thous. sh tons
Stocks (at oil mills) end of month §
do
Soybean oil:
Production:
Crude
mil.lb
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) e n d o f m o n t h t
mil lb
Exports (crude and refined)*
do
Price wholesale (refined • N Y )
$ per lb
135 8
44.3
57 5
29 0
46.2
60 4
26 3
50.1
65 0
31 3
45.3
60 7
33 5
47.1
67 8
39 4
44.5
57 0
29 8
41.5
59 3
30 0
41.2
58 0
30 0
41.6
58 7
243.4
22.1
227.4
31.0
215 3
46.2
225 0
35.3
219.5
39.4
209 3
195 9
7.8
0
193 4
61.1
30.4
29.3
26.8
32.5
30.3
27.5
34.8
26 8
28.9
31.9
31 5
29.5
34.7
30.0
31.6
34.6
32 2
28 0
30.9
34 2
32.2
49.1
58.2
61.6
63.1
62.9
67 4
223 2
118 6
225 3
172 9
101 0
156 6
224 1
159 8
346 3
169 8
161.5
132 4
108.8
158.2
131 1
95.6
70.5
57 4
88 5
156.7
98 9
92.7
419.6
30.9
.167
598.4
30.4
153
465 6
23.7
150
31 8
31.5
33 3
32 0
111.8
.142
41.1
61 9
18 6
48.4
66 7
20 0
41.9
65 9
25.2
38.0
58 7
32.6
46.2
61.1
29.3
43.2
69.7
196 5
41.6
185 5
46.1
166 0
34.8
158.2
27.8
154.7
36.4
166.3
35.4
178.5
68.8
32.7
30 1
33.3
34.6
28 6
34.5
37.2
34 7
33.0
36.6
30 0
31 7
35.9
27.7
30.9
37.0
34.3
33.0
33.0
32.9
34.3
33.9
38.5
35.2
64 8
62.4
60 5
60.3
63 9
62.6
63.8
62.2
59.7
353 7
195 6
304 8
188 0
326 5
207 5
292 8
241 4
259 1
259.9
212 9
295 7
165 1
325.6
116.7
305.0
••87.2
' 250. 2
82.5
171.5
241.3
166 1
107.2
249.4
174 2
98 9
212.3
171 9
101 7
231.4
158 2
95 2
207.4
137 1
102 9
185.8
146 7
107.5
154.7
151 9
103 8
119.2
137 2
99.2
86.6
117.2
111.9
••60.3
78.9
' 105. 4
55.9
72.2
111.8
487.5
21.5
. 151
554.7
25 2
. 154
637 4
31.0
.161
685.6
40.8
146
739.8
53.3
143
803 7
48 7
141
801.6
76.3
.145
810 2
38.4
.149
769.2
54.0
152
701.6
43.1
«.132
'611.0
21.2
.133
498.4
75.3
P. 132
25 9
35 1
37 4
32 6
41. 1
31.8
34 9
28 2
32 1
26 4
35 3
28 0
33 6
31 0
33.5
32.5
31 5
35 1
39 3
34 6
40.8
36.4
33.7
35.2
38.2
32.2
116 7
127
92.5
92.2
123
103.9
.127
109.4
111.8
124.4
132.0
132.9
133
133
131.6
137.6
133
139.4
.133
125.9
.133
124.6
P. 133
867.8
86.6
900 1
127 3
901.0
146 7
736.9
145 1
944.4
147.7
918.7
165 1
912.0
159.5
842.0
152 4
807.3
162 4
790.7
157. 2
819.0
139 9
855.2
167 6
830.8
124.1
' 893. 8
••121.4
885.1
119.8
407.4
338.9
340.7
421 1
334 1
318 3
426.9
336 1
303.9
345.9
340.0
320.5
442.1
361.5
348.9
426.2
331 6
317.3
425.4
329 2
316.1
388.6
351 2
336.6
376.2
328 3
330. 9
368. 9
362.7
353.3
385.6
352 1
344 8
398.7
355 6
342 3
386.2
400.5
366.1
' 412. 0
340.5
341.7
413.6
435.0
425.8
803.9
101.1
.133
3865 2
92 1
133
923.1
87.0
.124
919.8
142.7
.133
(3)
898.9
42.1
.141
987.9 1,022.4 1, 006. 4
57.3
70.2
74.7
. 127
.123
122
991.4
69.2
.122
922 3
126.0
.121
873.3
62.7
123
814.9
99.5
a.102
' 759. 4 664.0
132.1
127.1
.109 p. 110
40, 033
14 233
4, 754
64, 827
11 905
76, 548
15, 802
32, 793
14, 860
28, 522
15,012
15 019
14, 759
3,867
47, 006
3,173
42, 399
14, 810
2,448
14, 382
1, 656
TOBACCO
Leaf:
< 2,315 42,337
Production (crop estimate)
mil.lb
Stocks, dealers' and manufacturers' end of quar64,694 64,931
ter total
mil lb
39, 073 42, 124
Exports, incl scrap and stems
thous lb
13,951 13, 985
Imports incl scrap and stems
do
Manufactured:
14, 066 r 13,959
Production (smoking chewing snuff)
do
Consumption (withdrawals):
Cigarettes (small):
3,424
3,422
Tax-exempt
millions
41,205 42,466
Taxable
_ .
do
547
530
Cigars (large), taxable
do
13, 770 •• 13,708
Manufactured tobacco, taxable
thous lb
1,968
2,007
Exports, cigarettes
__
millions
125
99.6
.133
128
129
133
(2)
133
s 2, 138
606
555
36 307
22 822
5 314
23 529
12 876
29, 667
14, 687
31 306
14 147
4,906
44, 084
15 735
15 068
16 150
16 937
16, 701
14 647
15 350
13, 146
14 153
3,344
40, 980
3,234
29, 168
3, 216
37, 854
3, 144
43, 686
3, 126
41, 714
3,644
45, 154
3,877
42, 584
3,708
44, 420
14, 863
1,843
15, 550
1,702
16, 214
2, 107
16, 028
1,862
14, 231
1,890
14, 757
2,046
13, 187
2,148
1,990
59, 291
14 737
5,251
56, 370
12, 553
36, 901
12 438
16, 604
13 017
11,947
3,740
46, 740
3, 561
41, 272
3,360
36, 684
12, 858
2,047
12, 440
1,964
652
15, 838
2,124
648
407
594
622
682
670
731
699
693
719
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9 --_
___thous. $__
171
Calf and kip skins
thous. skins..
593
Cattle hides
thous. hides..
Imports:
Value, total 9
thous. $.. 5,539
Sheep and lamb skins
thous. pieces.. 2,290
Goat and kid skins
do.
1,198
Prices, wholesale (f.o.b. shipping point):
Calfskins, packer, heavy, 9^/15 lb
__$ per lb__ P. 623
p. 152
Hides, steer, heavy, native, over 53 lb
do
6,215
155
664
6,609
147
756
5,861
136
661
7,124
190
919
7,256
206
843
5,711
203
659
6, 525
255
787
6,779
233
904
6,385
245
778
7,088
213
8,620
239
1,072
8,252
151
987
184
972
8,032
104
1,051
5,253
2,192
1,231
4,809
1,723
1,346
4,948
1, 923
1,211
4,320
1,249
1,250
3,905
781
1,000
4,212
1,361
1,150
5,223
* 1,031
1,360
7,122
3,254
1,113
8,456
4,370
1,099
8,111
3, 380
1,323
8,519
3,615
1,650
8,242
2,732
1,134
8,369
3,354
1,157
5,631
1,891
850
p. 365
p.Ill
.350
.108
.300
.103
.275
.110
.300
.110
.325
.090
.325
.083
.325
.078
.325
.083
.400
.113
.438
.430
.104
.430
'.115
P . 450
P . 124
453
1,793
1,137
2,906
471
1,798
1,212
2,693
386
1,844
1,325
2,552
414
1,790
1,047
2,727
484
1,835
1,059
2,731
525
1,993
1,171
2,813
601
1,993
1,132
3,018
611
1,957
1,134
2,736
495
1,693
1,015
1,917
4,763
3,984
4,863
4,968
5,273
4,393
4,522
4,051
4,950
4,486
4,293
3,809
4,562
3,627
3,443
3,762
2,555
2,602
3,266
3,050
.657
.657
.650
.650
.647
.657
.657
.657
.657
P . 657
LEATHER
Production :
Calf and whole kip....
thous. skins..
498
466
485
403
532
Cattle hide and side kip. __ thous. hides and kips
1,877
1,804
1,802
1,774
2,039
Goat and kid
thous. skins.
1,184
1,182
862 1,064 1.258
Sheep andlamb
do...
2,527
2,864
3,234
2,833 3,128
Exports:
Glove and garment leather. _.
thous. sq. ft.. 3,502
4,640
5,548
4,252
5,493
Upperand lining leather
do
3,019
3,423
3,860
2,955
4,436
Prices, wholesale:
Sole, bends, light, f.o.b. tannery
Sperlb.. P . 711 p. 678
.660
.657
.657
Upper, chrome calf, B and C grades, f.o.b. tannery
$ per sq.ft.. P 1.326 pl.151
1.140
1.133 1.097
r
2
Revised.
v Preliminary.
1 Average based on reported annual total.
Not available.
3 Average based on months for which data are available.
< Crop7 estimate for the
year.
s Oct. 1 estimate of the 1964 crop.
e Quarterly average.
Effective Sept.
1963, data reflect minor changes in coverage to conform with "Tariff Schedules of the United
States."
s Effective Jan. 1964, data exclude items presently reported in Ibs. instead of
pieces.
{Revisions for 1962 appear in the Sept. 1963 SURVEY.
1.103
1.137
1.137
1.143
1.137
1.133
1.138 • 1.180 1.187 P 1.171
*New series. Data prior to Sept. 1962 may be obtained from Bureau of Census reports.
§ Monthly averages for 1951-56 (corrected) appear in the Aug. 1964 SURVEY.
9 Includes data for items not shown separately.
a
Beginning June 1964, data are not comparable with those for earlier periods because of
changes in specifications or reporters (for leather). May 1964 prices on new basis: Cottonseed oil, $0.132; soybean oil, $0.103; leather, $1.180.
SURVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-31
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
July
June
Aug.
Sept.
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production, totalt
__thous. pairs.. 49 803
Shoes, sandals, and play shoes, except athletic
42,033
thous pairs
Slippers for housewear
.
__do_ ._ 6, 603
Athletic
do
583
584
Other footwear
do
Exports
_ _
-_ _ -_
..do
177
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt
1957-59 =100. . 105.6
Women's oxfords, elk side upper, Goodyear
107. 8
welt
1957-59 = 100
Women's pumps, low-medium quality.__do
111.2
52 314
49 205
47 685
47, 526
47, 556
46 689
3 882
397
588
46 250
5 107
439
518
42 217
5 969
443
576
40 ? 325 ••40,544
6 280 T 5,r 903
290
354
r
789
726
40, 737
5,844
257
718
132
115
156
210
174
145
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105.1
105.1
106 5
110 6
106 5
110 9
106 5
111 2
106 5
110 6
106 5
110 6
106 5
110 8
106 5
110 9
106 5
110.9
106 5
110.9
106 5
110.8
2 999
482
2 517
2 953
465
2 488
3 041
539
2 509
3 052
541
2 511
3 108
554
2 554
55, 670
50 132
44 671
45 258
51 556
42 157
5,918
502
707
46, 686
7,526
495
963
40 486 42 784 35 992
8 087 9 212
7 357
486
500
438
1 073 1 313
884
39 932
4 1Q9
412
805
170
182
190
205
208
105.1
105.1
105.1
105 1
106 5
110.7
106 5
111.3
106 5
111.1
106 5
111 3
53 809
T
50 033
44 (534
4 614
390
395
49 284
c
141
162
150
LUMBER AND PRODUCTS
LUMBER— ALL TYPES
National Lumber Manufacturers Association:^ O
Production, total
mil. bd. ft_.
ITardwoods
do
Softwoods
do
2,764
530
2 234
2,882
581
2,301
3 145
588
2 557
3 115
609
2 506
3 244
617
2 627
2 798
600
2 198
2 559
501
2 058
2 701
501
2 200
2 817
524
2 293
3 054
__do _
do
..do
2 777
525
2,252
2,866
564
2,303
3 100
567
2,533
2 903
562
2,341
3 054
592
2 462
2 707
579
2 128
2 579
516
2 063
2 686
514
2 172
2 945
548
2 397
3 082
2 535
547
3 129
537
2 592
3 041
524
2 517
3 121
535
2 586
3 170
539
2,631
3 067
583
2 484
Stocks (gross), mill, end of month, total . do .
Hardwoods
do
Softwoods
do
6 346
1 5°9
4 817
6,504
1 842
4 662
6,312
1 887
4 425
6 454
I 914
4 540
6 493
1 964
4 529
6 555
1 987
4 5g8
6 541
1 971
4 570
6 594
1 957
4 637
6 472
4 542
6 461
1 871
4' 590
6 386
1 810
4 576
6 310
1 747
4 563
6 2269
1 75
4 474
6 156
1 754
4 402
6 210
1 722
4 488
63
408
73
1445
76
576
77
457
84
469
82
381
84
364
70
281
68
391
97
455
72
475
90
445
77
576
95
556
82
478
680
496
679
538
618
450
719
491
800
520
649
528
665
535
842
671
738
721
694
637
731
5Q4
705
558
735
520
788
c 491
692
470
665
673
991
671
676
969
692
689
894
700
677
925
745
772
878
666
641
923
638
659
903
761
706
984
708
688
771
770
997
798
773
1 056
756
741
1 048
770
773
1 045
c 744
c 817
c i 002
713
712
1 010
Exports, total sawmill products
.do
26
Sawed timber
do
10
Boards, planks, scantlings, etc
do
17
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft.
78.65
Flooring, C and better, F. G., 1" x 4", R. L.
$ per M bd. ft.. 122. 52
Southern pine:
Orders, new
mil. bd. ft_.
478
Orders, unfilled, end of month
do
255
31
12
19
31
11
21
26
10
16
34
15
20
37
14
23
37
18
19
28
11
17
27
OQ
12
15
24
27
10
17
41
18
23
29
g
20
39
13
26
29
12
17
79.92
85.90
79.86
77.96
77.73
77. 96
78.20
81.43
82 01
83.10
82.99
82.03
Shipments, total
Hardwoods
Softwoods __ _
__ _
Exports total sawmill products
Imports, total sawmill products
SOFTWOODS^O
Douglas fir:
Orders new
_
Orders, unfilled, end of month..
do
do
mil bd ft
do__
Production
Shipments
Stocks (gross), mill, end of month ._
do
do
do
Production.do
Shipments..
do
Stocks (gross), mill and concentration yards, end
of month
mil bd ft
Exports, total sawmill products
M bd ft
Sawed timber
do. _
Boards, planks, scantlings, etc
do
Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1957-59=100..
Flooring, B and better, F. G., 1" x 4", S. L.
1957-59=100..
Western pine:
Orders, new
mil. bd, ft_.
Orders, unfilled, end of month
__do
Production
do
Shipments...
do
Stocks (eross), mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3, I" x
12", R. L. (6' and over)
$ per M bd. ft..
478
475
1,366
6, 325
1,571
4,754
1
1 Q30
1 004
493
2 561
c
r
81. 51 p 81. 59
134. 22
138. 45
136. 72
137. 67
139. 77
141 38
142. 46
150.02
152 42
151.90
153.45
153.45
491
280
523
279
486
269
562
279
483
264
379
256
447
259
466
270
528
289
557
306
536
294
550
284
540
267
508
260
484
488
518
549
503
496
545
552
484
498
411
007
475
444
476
520
509
534
540
517
548
525
560
534
557
500
515
1 313
8 210
1 225
6,985
1 007
7 955
1 300
6,655
1 368
6 603
747
5,856
1 *3RQ
1 400
10 643
l' Oil
9 632
1 394
8 694
788
7,906
1 ogo
1 398
lo' 050
' 847
9,203
9 692
1 521
8,171
1 305
8 400
823
7,577
1,380
6,414
832
5,583
1 327
7 174
675
6,499
1 334
4 681
397
4,284
9
137
7 676
833
6,843
xr r
6 391
' 902
5,489
r
155. 52 ^156. 02
1 290
9? 496
l' 691
7, 805
93.1
92.5
94.3
94.0
92.8
93.0
92.8
92.7
92.8
92.6
92.7
93.2
92.7
92.9
92 3
94.6
95.2
95.7
96.0
95.6
95.6
95.6
95.6
95.4
95.4
95.4
95.4
95.1
95.1
95 1
800
416
849
383
892
356
866
347
1,002
384
730
352
759
347
891
503
937
501
876
496
894
484
837
437
914
459
947
485
894
453
789
797
1,679
841
839
1,657
1 006
971
1,554
977
875
1,656
992
837
1, 683
779
74Q
1 492
1 541
851
906
1 485
87c
1 678
682
735
1 625
930
1 693
1 494
1 476
927
920
1 483
1 ^71
67.43
67.42
72.16
70.56
65.96
64.62
63.50
63.07
63.67
66.45
68.05
69.92
69.01
r 67. 16
p 65 47
3.1
10.5
2 7
2.9
7.9
2.9
10.8
2 8
2.7
6.5
3.1
10.2
33
3 3
5.4
2.0
10.0
2 8
2 4
5.8
3.2
10.6
33
2 6
6.6
2.1
10.4
2 5
2 4
6.6
2.2
10.5
2 6
19
7.1
2.6
10.8
2 6
2 2
7.6
2.8
11.6
2 9
19
3.1
12.5
3 n
2 7
7.9
2.8
12.5
3.1
12.2
2.6
11.3
2.5
11.1
7.9
3.0
12.4
2 0
2 4
7.8
2 6
7.9
34
7.3
36
6.0
24
4.8
65.7
42.8
65.0
65.9
75.2
68.3
45.2
69 3
69.1
43.6
75 5
47.5
75 3
76 1
37.2
64 9
44.9
69 4
68 6
38.7
72 8
40.4
79 9
77 5
39.7
55 1
34.7
68 3
64 7
41.2
51 0
36.9
62 8
56 4
46.6
75 7
44.7
72 7
64 4
55.0
84 2
63.6
65 2
65 2
55.0
74 7
68.6
71 2
73 2
52.5
69 4
62.3
73 2
72 3
53.4
ro -l
co c
74 x.
54.1
48.5
806
QOQ
001
OQO
OQO
HARDWOOD FLOORING
Flooring:
Maple, beech, and birch:
Orders, new
Orders, unfilled, end of month
Production
_
Shipments
Stocks (gross), mill, end of month
Oak:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks (gross), mill, end of month
r
mil. bd. ft_.
do
do
do
do
do
do
do
do
do
Revised.
p Preliminary.
« Corrected.
1 Beginning Sept. 1963 data exclude
small amounts formerly included.
^Revisions by months for 1961-Sept. 1962 are shown in Bu. of Census report M31A(62)-13.
50.4
CO 1
79 1
7ft A.
79 fi
54.4
53.1
52.6
53.3
50.1
cf Revisions by months for 1961-Oct. 1962 for production, shipments, and orders will be
shown later; those for 1951-62 for stocks appear on p. 28 of the Jan. 1964 SURVEY.
0Beginning Jan. 1961, data for Alaska included in pertinent items.
S-32
SUKVEY OF CUERENT BUSINESS
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
October 1964
1963
Monthly
average
Aug.
Sept.
Oct.
1964
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous. sh. tons
Scrap. _
_ __
do
Pig iron*
do
168
426
13
182
530
6
178
748
2
162
640
1
212
552
8
207
428
5
230
564
6
226
580
4
212
557
3
235
744
0)
218
708
14
256
770
34
300
679
39
333
718
27
330
709
2
Imports:
Steel mill products U
Scrap 1
Pig iron*
342
22
42
454
19
55
547
14
61
471
13
89
549
15
111
516
16
80
402
29
51
481
27
29
428
26
36
474
23
21
495
16
29
544
17
78
604
31
99
582
17
90
525
24
95
5, 511
3,404
2,107
5,425
8,097
5,494
3,363
2,131
5 , 573
8,013
6,186
3, 670
2, 516
6,197
8,002
5,898
3, 513
2, 385
5,971
7,962
5,873
3, 535
2, 337
5,944
7,937
6,363
3, 876
2,487
6, 530
7,778
6,366
3,841
2,524
6,560
7,599
6,813
4, 263
2,550
7,162
7,302
26.56
25.00
26.89
26.00
27 29
26.' 66
27.02
25.00
27.24
26.00
28.94
29.00
28.63
29.00
28.85
31.00
30. 36
32.00
30.62
33.50
31.91 - 33.22 P 37. 04
36.00 p 38. 00
34.50
do
do
do
Iron and Steel Scrap
Production and receipts, total
thous. sh. tons.. 5,494
6,168
Home scrap produced
_ _
do
3,387
3, 715
2,107
Purchased scrap received (net).
do
2,453
Consumption, total
do___
5,513
6,218
8,844
Stocks, consumers', end of mo __ __ __
do
7,977
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)...
$ per Ig. ton.. 28.12
26.78
27.00
Pittsburgh district
.
do
29.00
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous. Ig. tons.. 6,050
6, 060
5,859
Shipments from mines
do
6, 156
2,786
2,791
Imports
do
U.S. and foreign ores and ore agglomerates:
8, 121 8,458
Receipts at iron and steel plants
do
8,041 8, 669
Consumption at iron and steel plants
do
491
568
Exports..
__
_
do
75, 737 '73, 978
Stocks total, end of mo
do
14, 657 -15,230
At mines.
do
55, 289 53, 376
At furnace yards
_
do
5,372
5,787
At U.S. docks
do
8, 865
10, 587
4,220
8,573
9,718
3,369
7,318
9,141
4,064
3,876
5,997
2.980
3,543
1, 846
1.940
4, 067
1,406
1,693
4,088
1,446
1, 667
4,167
1,598
2,017
5,731
4,150
2, 403
8,918
7,867
3,451
9,448
8,302
4,752
9,199
11,059
5,070
9,238
10, 969
5, C62
13,375
7,548
1,095
75, 699
15, 505
55, 155
5,039
12, 535
7,516
711
79, 638
14, 359
60, 174
5,105
12, 386
8,010
715
81,194
11.391
64, 550
5, 253
8,932
8,033
428
80, 030
9, 237
65, 450
5,343
4,052
8,458
341
77, 325
10, 934
61,044
5,347
2,710
9,113
255
73, 141
13,224
54, 644
5,273
3,225
8,867
211
69, 936
15, 866
49, 002
5,068
3,491
9, 764
195
65, 816
18, 380
42, 729
4,707
7, 323
9,801
347
64, 486
19, 947
40, 250
4,289
13,432
10, 558
621
68, 164
20, 999
43, 124
4,041
14, 029
10, 019
719
73, 291
22, 145
47, 134
4,012
15, 077
10, 002
934
76, 496
20, 283
52, 209
4,004
14, 497
10, 363
852
78, 788
18, 552
56, 343
3,893
79
84
108
135
67
88
46
71
54
62
105
53
110
80
64
5,477
5,550
5,993
6,057
5,278
5,270
5,174
5,224
5,525
5,603
5, 565
5,587
5,897
5, 949
6,291
6, 415
6,199
6,306
6,910
7,030
6,973
7,435
7,076
7,006
7,158
Manganese (mn. content), general Imports^.-do
Pig Iron and Iron Products
Pig iron :
Production (excluding production of ferroalloys)
thous. sh. tons..
Consumption
do...
Stocks (consumers' and suppliers'), end of mo.
thous. sh. tons..
Prices:
Composite
.
$ per Ig. ton..
Basic (furnace)
_
do
Foundry, No. 2, Northern
do
Castings, <rray iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments, total
..
do
For sale...
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments, total
do
For sale
do
3,178
2,814
2,804
2,811
2,813
2,827
2,806
2,730
2,654
2,569
65.46
65.50
66.00
62.87
63.00
63.50
62.75
63.00
63. 50
62.75
63.00
63.50
62.75
63.00
63.50
62.75
63.00
63.50
62.75
63.00
63.50
62.75
63. 00
63.50
62.75
63.00
63.50
62. 75
63.00
63.50
62.75
63.00
63. 50
62.75
63.00
63.50
62.75
63. 00
63.50
62.75
62.75
63.00 p 63. 00
63.50 p 63. 50
680
963
527
783
1,064
591
805
985
608
805
1,037
598
758
1,194
673
692
1,049
575
719
1,014
534
806
1,068
'541
759
1,095
564
816
1,229
687
837
*1,264
699
859
1,227
678
834
1,245
-697
891
1,116
635
73
72
42
81
78
44
82
68
40
82
74
42
78
87
50
80
78
42
88
79
42
91
84
49
91
83
44
94
88
48
93
93
52
92
95
54
95
89
49
101
71
44
8,194
101.2
9,105
112.5
7,782
94.3
7,858
98.4
8,483
102.8
8,488
106.3
8,753
106.1
9,515
115.3
9,474
122.8
10,485
127.1
10, 549
132.1
11, 048
133.9
10, 173
127.4
10, 095
122.4
183
119
93
219
125
100
216
119
95
219
121
97
225
135
107
255
126
101
262
133
107
312
145
117
333
141
114
345
157
129
331
162
132
323
154
126
-322
- 162
-130
321
139
112
308
113
86
306
116
88
310
105
78
298
115
91
306
123
95
311
111
84
312
114
88
320
139
111
322
121
93
328
138
107
334
137
107
331
131
101
340
136
104
356
116
83
5,879
231
395
522
86
6,296
263
443
603
92
5,895
206
456
579
91
5,455
212
417
587
90
5,927
266
464
614
70
5,617
285
428
608
74
5,540
252
420
588
92
6,475
281
422
614
109
6,239
311
405
613
120
7,124
394
468
679
141
7,359
333
509
737
143
7,271
344
543
699
129
7, 065
385
503
679
129
6,869
334
526
688
105
6,993
352
524
669
89
972
916
Bars and tool steel, total
do
910
848
948
597
631
Bars: Hot rolled (incl. light shapes)
do
536
490
580
Reinforcing
.
do
199
224
269
260
258
Cold
finished
do
112
110
97
90
103
Pipe and tubing
do
592
587
631
569
605
262
Wire and wire products
do
259
250
244
263
Tin mill products
do
505
488
541
405
404
Sheets and strip (Incl. electrical), total
do
2,373
2, 587
2, 232
2,084
2,293
Sheets: Hot rolled
do
646
735
582
571
655
Cold rolled
do
1,126
1,209
995
898
1,019
Steel mill products, inventories, end of mo.:f
10.3
Consumers (manufacturers only)__mil. sh. tons...
10.0
11.6
10.9
10.0
Receipts during month
do
4.4
4.8
4.1
4.0
4.5
Consumption during month....
do...
4.4
4.7
4.4
4.7
5.4
Warehouses (service centers)
do
3.4
3.4
3.5
3.5
3.5
Producing mills:
In process (Ingots, semifinished, etc.)
do
7.2
7.4
7.2
7.4
7.3
Finished (sheets, plates, bars, pipe, etc.) .do
6.9
7.1
6.8
6.8
6.7
Steel (carbon), finished, composite price. _.$ per lb_. .0698
.0705
.0704
.0704
.0714
T
!
Revised.
p Preliminary.
Less than 500 tor
is.
*New series. Monthly data back to 1953 are avail able,
T Beginning Sept. 1963, imports statistics reflect adoptio n of the U.S. Tar iff Sched ules;
these data may not be strictly comparable with fig ures sho^wn for p rior mon ths.
909
584
220
97
468
221
352
2,272
'672
1,044
853
579
167
99
442
192
323
2,378
685
1,149
977
680
169
120
504
221
563
2,786
833
1,316
916
621
172
114
545
226
494
2,608
111
1,211
1,095
702
262
123
665
276
545
2,860
878
1,320
1,140
722
283
126
759
299
556
2,884
843
1,327
1,145
734
281
122
721
299
553
2,838
834
1,311
1,113
686
295
124
752
297
544
2,663
750
1,208
1,066
641
312
106
778
246
576
2,550
743
1,142
1,109
!
686
301
114
741
260
538
2,712
788
1,208
9.5
4.3
4.8
3.5
9.3
4.6
4.8
3.5
9.4
5.2
5.1
3.4
9.4
4.8
4.8
3.5
9.4
5.3
5.3
3.4
9.3
5.3
5.4
3.6
9.2
5.1
5.2
3.6
9.2
5.2
5.2
3.6
-9.5
4.7
-4.4
3.7
»9.5
"4.8
M.8
*3.7
Steel, Crude, Semifinished, and Finished
Bteel ingots and steel for castings:
Production
thous. sh. tons..
Index
_ _
1957-59=100
Steel castings:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments, total
do
For sale, total..
do
Steel forgings (for sale) :
Orders, unfilled, end of mo
do
Shipments, total
.do..
Drop and upset
do
Steel products, net shipments:
Total (all grades) __
do
Semifinished products
do
Structural shapes (heavy), steel piling.. _ d o _ - _
Plates
do
Rails and accessories
do..
62.75
10. 503 P! 0,657
127.3 p 133.5
7.4
7.8
7.8
7.9
8.0
8.0
8.4
8.3
8.6
»8. 8
7.2
6.9
7.2
7.3
7.6
7.6
7.6
7.7
7.5
"7.6
.0715
.0715
.0715 .0715
.0715
.0715
.0715
.0715
.0715
.0715
.0715
tEff ective wi th the 0 3t. 1963 SURVEY, Clata for s eel consiimers (m anufactu rers onl^ ) reflect
recalciilated es timates I>ased on the use ()f quanti ty cover age facto rs (deriv ed from the 1958
Censu s of Man ufacture s); previcmsiy pulDlished d at a were based c n cost c overage factors .
Revis ons back to Oct. 1961 app 3ar in th<3 Oct. 19(33 SURVI Y.
SUKVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
S-33
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
379
374
2,497
Sept.
METALS AND MANUFACTURES—Continued
IRON AND STEEL-Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders, new (net)
Sblpments
Backlog, end of year or mo
302
322
2,624
336
341
2 322
350
411
2 323
289
371
2 297
322
411
2 260
262
324
2 238
440
321
2 322
356
310
2 306
247
304
2 270
384
355
2,313
387
360
2,276
368
377
2 261
478
412
2,300
347
379
2,490
1,404
1,947
1 273
1 922
1 274
2 058
1 281
1 956
1 233
1,994
1 107
1 702
1 119
1 603
1 184
1 858
1 202
1 812
1 389
1,955
1 379
2 108
1,334
1,960
1,273
2,110
1,360
2,212
••405
r 382
513
459
'426
r 301
r 289
342
293
340
383
381
432
467
176.5
' i 38. 4
192.7
142.0
203 1
67.0
197.4
66.0
205.1
71.0
201 1
63 0
209 1
73 0
212 0
68 0
200.2
67.0
214 2
72.0
208.3
'74.0
214.6
'68.0
203.7
' 60.0
216.1
55.0
217.2
25.6
4 Q
12.6
34.7
40.5
3. 5
13 6
38.2
3. 5
13 0
34.5
4. 0
13 2
36.9
4. 1
12 6
36.1
3.9
11 9
34.3
28.8
36.5
35.2
35.6
36.8
40.4
26.7
13.8
16 8
13 0
15 9
20.0
20.4
17.2
14.6
18.9
153.1
. 2388
105.6
.2262
94 5
. 2250
93.8
.2250
96.9
.2298
110 7
.2300
99 0
2300
108 0
2300
107.8
.2300
106 0
.2343
93.3
.2350
99.5
.2350
87.0
.2383
92.0
.2400
104.3
.2400
472. 5
317.6
142.6
77.2
528. 2
355.4
166.8
79.4
558 1
377.8
179.9
75 5
528.2
346.8
161.3
77 0
587 4
423.7
210.0
85 0
492
324
144
79
6
7
4
g
523 9
328 9
145 0
79 3
546 3
362 3
170 9
90 7
532 7
357 1
170 1
84 2
647
433
225
88
7
8
3
5
613 7
417.4
193.9
90 1
600.5 ' 640. 7
401.7 ' 415.6
194.3 ' 199. 6
87.2
85.7
559.9
395.7
176.6
70.2
102.4
134.3
101.2
33. 1
22.7
101.1
133.0
101.6
31.4
24.0
96.9
134 9
98 6
36 3
23 3
99.3
129.0
95 1
33.9
24.9
109.9
138.0
103.5
34.5
25.8
106.3
131 8
103 7
28 1
23 3
108 5
141 3
106 3
35 0
23 7
107
140
103
37
24
3
4
4
0
1
107. 4
147 1
109 8
37 3
22 4
112.3
145 0
109 6
35 4
29 4
111.9
144.9
113 3
31 6
27.0
115.4
147.9
111 7
36 2
27.0
113.8
153.4
116 1
37 3
28 5
'73.5
125. 2
94 2
31 1
27.4
77.8
110.8
78 1
32 7
27.2
40.1
8.2
45.1
9 9
55 1
17 2
70.8
13 3
51.7
12 2
33 0
11 8
54 0
45 9
89
35 4
11 3
60 0
10 3
42.1
10 9
50 6
10 7
48 0
11 4
47.9
12 *>
45.5
12 6
32.1
28.0
134.2
30.0
26 0
146.2
37.5
33 0
144.4
29.5
25 3
142.0
29.5
25.6
163.7
30.0
26 4
147.5
39 7
140 7
34 3
29 5
150 7
31 4
26 6
152 0
33 2
25 4
162.2
33.6
28 2
163.8
33.4
25 9
163.9
33.9
33.4
24.8
25 7
25 1
16 4
178 5 ' 114. 4 v 150. 4
177.5
102.0
.3060
175.4
96 0
3060
183.8
115 1
3060
173.8
103.0
.3060
154.7
80.1
.3060
150.3
75 9
.3060
145 3
82 8
3060
135 0
80 9
3060
140 4
90 9
3060
140.7
88 8
3112
135.9
88 2
3160
132.9
86 4
.3160
125.6
90 2
3160
Copper-base mill and foundry products, shipments
(Quarterly avg. or total):
Copper mill (brass mill) products
mil. lb_.
Copper wire mill products©
do
Brass and bronze foundry products .
do.. .
589
409
229
616
428
239
Lead:
Production:
Mine, recoverable lead t_.
-thous. sh. tons..
Secondary, recovered from scrap©
do
19.7
37.0
21.1
39.7
24.5
39.8
22.5
40.5
25.2
47.0
23.0
43.7
23.9
37.4
24.8
39.9
22.7
39.6
24.3
42.6
24.0
42.3
23.3
45.9
23.8
42.3
23.2
41.0
» 23.0
33.4
92.5
31.3
96 9
24.8
93.8
31.5
94 6
32.1
111.1
38.1
101 7
33.1
99 4
32.4
105 4
37.7
93 7
31.2
92 1
26.0
97 4
26.4
96 7
32.1
100 6
27.6
91 5
23.2
96 5
thous. sh. tons
do..
do
Barrels and drums, steel, beavy types (for sale):
Orders, unfilled, end of mo
thous
Shipments
_do .
Cans (tlnplate), shipments (metal consumed),
total for sale and own useO
thous sh tons
T
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons
Estimated recovery from scrap
do._.
Imports (general):
Metal and alloys, crude
do__
Exports, metal and alloys, crude
-do
Stocks, primary (at reduction plants), end of mo.
thous. sh. tons
Price, primary Ingot, 99.5% mln
$ per Ib
Aluminum shipments:
Inont and mill products (net) A
Mill products, total
Plate and sheet fexcl. foil)
Castings
mil Ib
do
__do _
do
Copper:
Production:
Mine, recoverable copper}:
thous. sh. tons
Refinery, primary
do
From domestic ores
do
From foreign ores
do
Second arv, recovered as refined
do
Imports (general):
Refined, unrefined, scrap©^
do
Refined
do
Exports:
Refined, scrap, brass and bronze Ingots., do
Refined
do
Consumption, refined (by mills, etc.)
do
Storks, refined, end of mo., total
Fabricators'
_
Price, bars, electrolytic (N.Y.) .
Imports (general), ore©, metall
Consumption totalt _
do
do
$ per Ib
do
do_
578
398
234
7 4
00
Q
623
454
249
v 163. 2 * 157. 1
P 116 0 v 108 1
3160
3160
Stocks, end of year or mo.:
Producers', ore, base bullion, and In process©
(ABMS)
thous. sh tons
Refiners' (primary), refined and antlmonlal
(lead content)
thous. sh. tons-Consumers' of
do
Scrap (lead-base, purchased), all smelters
thous. sh. tons..
Price, common grade (N.Y.)
$perlb_.
91.0
no 2
97 0
105 3
111 1
112 2
110 2
109 5
117 4
111 5
109 2
97 7
94 1
94 0
142.5
93.5
56.9
115 5
85.3
104.3
80.4
109 4
72.0
108.5
64.2
111 5
56.9
115 5
47.3
111 2
45.2
111 4
45.6
118 6
40.6
120 3
30.1
117 7
29.0
127 5
30.9
132 7
46.1
.0963
62.7
.1114
54.8
.1135
57.0
.1163
57.3
.1194
55.7
.1215
62.7
.1250
67.2
.1298
71.9
.1300
72.8
.1300
70.8
.1300
67.4
.1300
65.1
.1300
66.5
.1300
.1301
Tin:
Imports (for consumption) :
Ore©
Ig. tons..
Bars, pigs, etc.
do
Estimated recovery from scrap, total©
do
As metal.
do
Consumption, pig, total
do
Primary
do
447
3,422
1,750
250
6,590
4,550
211
3,596
1,861
255
6,525
4 601
339
4 081
1,690
215
6,470
4 530
259
2,327
1,760
235
6,030
4 145
627
3,546
1,925
240
6,705
4 455
989
3 080
1,990
290
5,490
3 630
265
3 109
1,765
270
5,960
4 010
1,249
3 227
1,770
190
6,580
471 n
1,705
2 378
2,020
260
6,750
4 790
738
3 146
2,025
255
7,165
2,046
313
2 227
2 272
1,985 ' 2, 050
235
260
7,285
7,265
0OC
301
2 530
2,130
260
7,315
498
2 968
451
4 194
6,430
36
Exports, Incl. reexports (metal)
do
21, 730
Stocks, pig (Industrial), end of mo§
do
Price, pig, Straits (N.Y.), prompt.. ._$ per lb_. 1. 1461
135
25,610
1. 1664
151
23, 590
1. 1484
265
32, 000
1.1611
170
30, 980
1. 1997
102
30, 245
1. 2704
165
29, 364
1.3020
207
27, 185
1. 3402
297
25, 245
1.4012
'290
18, 560
1. 5060
160
18, 425
1. 5965
46.6
46.8
47.4
48.4
33. 5
8.9
29. 1
7.9
28. 9
9.6
Zinc:
Mine production, recoverable zlnct
thous. sh. tons..
Imports (general):
Ores©J .
_
do
Metal (slab, blocks)!
do
Consumption (recoverable zinc content):
Ores©
do
Scrap, all types...
do
5
1,079
964
21,810 20, 120
1. 3482 1.3351
343
19, 600
1. 3485
42.1
44.1
45.1
41.4
47.1
45.3
46.1
48.8
44.9
48.6
46.5
39.0
11.8
31 1
12.1
31 7
8.2
27 0
19.4
26 9
11.0
29 8
15.2
33 0
14.7
23 6
11.4
on o
00
C
97 fi
10.6
10.5
9.7
9.1
8.2
16.7
8.7
17.0
71
15 5
82
16 1
87
16 6
7 7
16 1
77
15 9
74
16 4
8 0
16 5
89
16 9
7 9
8
' Revised.
p Preliminary.
1 Recoverable aluminum content. Monthly data are
expressed in metallic content (incl. alloying constituents).
O Reflects new factors to derive tonnage equivalent (1963, 23.5 base boxes per ton of steel;
1962, 23.2 boxes); revisions back to 1961 are available,
ABeginning
Jan. 1962. net shipments of ingot derived by new method to include imports
not previously
included; revisions back to Jan. 1961 are available. {Revisions for 1962 are in
3223
732
521
281
692
467
259
c nor
.2400
16 9
.1400
311
1. 6167
1. 8538
Q
171
the Sept. 1963 SURVEY: those for 1st half 1963 are available upon request.
©Basic metal content (for tin ore, through Aug. 1963; gross weight thereafter)
ISee
similar note, bottom p. S-32.
cf Consumers' and secondary smelters' stocks of lead in refinery shapes and in copperbase scrap.
§Effective Sept. 1962, includes surplus tin held by GSA (i.e., tin to be offered
for sale and tin for which bids to purchase were rejected by GSA).
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
October 1964
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
METALS AND MANUFACTURES— Continued
NONFERROUS METALS AND PROD.— Con.
Zinc— Continued
Slab zinc:
Production (primary smelter), from domestic
and foreign ores
tbous. sb. tons..
Secondarv (redistilled) production
do
Consumption fabricators'
do
E xports
do
Stocks, end of year or mo.:
Producers' at smelter (AZDA
do
Consumers'
do
Price, prime Western (St. Louis)
$perlb._
HEATING EQUIPMENT, EXC. ELECTRIC
"Radiators and convectors, shipments:
Cast iron
mil. sq. ft. radiation..
Non ferrous*
do
Oil burners:
Shipments
tbous.
Stocks end of year or mo
do
Stoves and ranges, domestic cooking:
Shipments, total (excl. liquid-fuel types) _ _ _ d o
Gasd"
do
Stoves, domestic heating, shipments, total- .-do
Gas
do
Warm-air furnaces (forced-air and gravity air-flow),
shipments^ total.. .
thous _
Gas
do
W^ater heaters gas shipments
do
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
FaTts and blowers new orders
mil $
Tin it-heater group new orders
do
Foundry equipment (new), new orders, net
mo. avg. shipments, 1957-59 =100__
Furnaces (industrial) and ovens, etc., new orders
(domestic) netf
- mil. $
Flectric processing
- -do
Fuel-fired (exc for hot rolling steel)
do
73.3
4.9
86.0
3.0
74.4
5.0
92.1
2.8
72.6
72.5
78.1
92.5
90.6
4.1
2.0
99.3
144.7
80.0
.1162
47.9
92. 1
.1200
64.6
88.1
.1250
55.4
90.1
. 1250
53.9
88. 1
.1250
50.2
87.0
. 1250
1.0
1.0
9 2
1.0
11.6
1.4
12.4
1.4
13.9
9.8
8.0
8.1
8.2
7.4
7.0
39.8
49.9
48.8
42 2
58.5
63.8
75.7
51.8
72.4
49.5
55.9
43.9
32.8
42.2
42.3
44.1
41.7
44.2
40.2
47.9
166.7
163.6
176. 0
173.1
185.0
181.3
198.9
194.9
207.3
202.5
173.7
170.7
162.2
160.2
158.1
156.0
167.7
165.7
157. 0
94.1
161.9
101.5
254.2
171.4
239.1
146. 3
258.2
170.4
183. 6
132. 0
120.5
81.6
91.0
54.3
108.9
87.1
217.7
117.8
95.3
200.3
140.2
110.4
184.9
168.8
130.6
179.7
170.4
134.5
228.1
132.4
106.5
176.8
97.6
81.6
191.2
95.8
79.2
248.3
U0.2
116.2
141 0
i 15 7
111.4
131.9
160.4
122.3
184.8
127.1
129.6
235.8
251.8
272.9
242.6
244.1
221 A
176.0
138.2
7.0
1.2
2.8
8.2
1.1
3.4
9.2
1.0
5.7
9.6
.7
2.7
7.6
.9
4.6
8.5
.9
4.3
6.1
1.0
3.0
5-8
.8
2.4
9.7
1.0
5.7
10 5
7.4
1.0
3.7
7.5
1.2
3.2
9 2
6 8
7.4
1.2
3.8
3 6
10 8
10
68
112.6
4.6
5.4
6.0
2.4
79.3
5. 3
88. 5
1.9
1.1
39.9
14.6
83.8
76.0
76.8
86.0
83.7
84.8
80.9
78.9
88. 5
91.7
86.9
95.2
100.0
'99.5
1.7
2.6
98.3
3.6
2.7
94.7
4.4
2.6
43.6
92.5
.1300
46.0
93.9
.1300
43.5
89.4
.1332
38.0
85.6
.1350
30.4
87.2
.1400
25.7
89.7
.1350
29.5
30.6
.1400
.1350
.5
8.1
.7
9 9
7
9 0
36.6
49.8
38.5
54.5
48.1
59 5
43 1
58 8
200.0
197.4
195.4
193.5
173.1
171.1
189.7
187.2
162 2
159 6
70.8
38.7
112.9
77.5
89.6
53.4
100.6
60.8
'171.0
' 122. 6
203.7
141 8
95.9
79.4
237.1
99.3
82.9
244.9
99.7
84.3
237.7
96.1
80.4
198.9
' 111.6
'93. 1
215 0
120.9
100 7
213 2
4.8
4.8
1.3
.4
55.1
92. 1
.1294
48.2
92.1
. 1300
1.0
.9
4.9
2.4
.9
42 0
18 2
5.2
1.1
4.7
.8
5.3
41 6
13 2
1.3
5.2
4.9
49 3
18 0
9
Material handling equipment (industrial) :
Orders (new), Index, seas, adj
1957-59=100-Industrial trucks (electric), shipments:
Hand (motorized)
number..
Rider-tvpe
do
Industrial trucks and tractors (internal combustion
engines) shipments
number. _
128.7
150.2
128.1
135.7
136.6
156.2
153.3
170.8
158.1
127.4
127.8
156.9
500
471
547
581
433
511
563
490
602
611
523
598
590
630
491
484
515
609
548
578
581
510
581
523
653
636
581
519
473
585
2, 232
2,434
2, 567
2,661
2,941
2,738
2,830
2,543
2,518
2,862
3,032
2,961
3,109
3 003
2 730
Machine tools:
Motal cutting tools:
Orders new (net), total
Domestic
Shipments, total
T~)omestte
Fstlmated backlog
44.80
36.70
47.85
35.15
4.2
59.50
47. 50
49.90
41.10
5.2
49.20
38.55
41.20
33.30
5.6
56.55
45.40
54.75
42.85
5.4
66.85
53. 35
54.05
42. 95
5.7
59.10
49.65
52.35
41.75
77.40
64.15
69.00
56.30
80.15
60.60
50. 35
39.85
74.50
60. 45
51.25
39.10
77.70
61.40
63.80
48.45
91.55
79.55
64.85
52.35
6.7
100. 10
83.35
73.80
62.25
6.4
85.00
70.10
70.75
57.50
6.6
r
78 10
r 66 50
T 60 00
r
51 70
6 7
73
62
58
49
14.60
11.65
12.40
9.30
4.6
18.10
15. 90
15.30
12.80
4.7
19.85
18.15
12.65
11.40
22.35
17.60
14.70
12. 10
4.6
32.35
29.95
16.35
13.00
5.4
24.10
19.35
16.90
15.40
45.80
43.30
19.80
18.25
8.9
32.55
30.35
18.20
16.50
9.3
63.10
56.95
21.40
19.85
10.8
r 27
T 25
f
18
T 16
15 85
15 05
17 05
13 70
10.7
469.6
119.6
37.2
~~
Metal forming tools:
Orders, new (net), total
Domestic
Shipments, total. ._ _ _
Domestic
Fstlmated backlog
mil. $_
do
do
- . . do
- months
_
mil. $
do
do
do
months..
4.2
Other machinery and equip., qtrly. shipments:
Construction machinery (selected types),
r
total 9
mil $ '1266.3 1318. 4
i 64.2 178.5
Tractors tracklaying total
do
i 19.7 i 22.9
Tractors wheel (con off-hlghwav)
do
Tractor shovel loaders (Integral units only),
158.9 '173. 6
wheel and tracklaylng types
mil $
Tractors, wheel (excl. garden and contractors'
i 130. 1 1 150. 9
Farm machines and equipment (selected types),
i 197. 7 1213 7
ELECTRICAL EQUIPMENT
Batteries (auto replacement) shipments
thous
Household electrical appliances:
Ranges (Incl built-Ins) sales totalt
do
Refrigerators and home freezers, output 1
1957-59—100
Vacuum cleaners, sales billed
thous
Washers, sales (dom and export)
do
Driers (gas and electric), sales (domestic and
export)
_
. thous
146.5
5.6
6.2
15.95
15.20
14.05
11.30
21.20
19.80
14.30
12.50
5.6
5.8
48.80
47.40
15.00
12.40
7.6
5.6
309.2
80.2
27.2
6.3
20.30
18.85
19.15
16.15
7.7
284.7
78.6
18.3
8.0
' 344. 7
79 6
27.3
6.6
71.8
73.6
86.2
109.0
100. 6
159.0
189 1
200.1
199. 7
150.9
277 6
266.6
r
90
45
80
30
11 1
80
50
65
05
68
~~
2 540
2 653
2 604
3 186
3 673
3 174
3 622
3 146
1 653
1 394
1 602
1 591
1 816
2 269
2,614
139.6
155.8
156.4
165. 8
167.9
159.4
174 4
144.4
165 8
194 1
157 4
153 4
163 7
143.6
151.7
119 2
309 3
305 5
127.8
353. 9
329. 1
93 1
326 1
379 7
149. 1
423. 0
403 7
127.8
416.4
367 4
129 0
382.6
336 9
128 6
349 7
273 5
131.3
324.7
302 5
150 3
365 0
330 0
150 8
420 5
372 0
151 5
383 8
299 2
150 9
337 8
300 8
163 0
335 2
345 8
128. 5
294.9
351 6
102.3
389.9
384.7
116.4
133.0
173.5
200. 3
197.1
180.3
153.2
142.8
135.8
121 1
90.2
71.6
90.5
126.1
172.0
Radio sets, production§
do
1, 596. 8 1, 523. 5 1, 252. 9 2008. 2
594.2
Television sets (incl. combination), prod.§___do
565.2 3 779. 4
539.3
Electron tubes and semiconductors, factory sales ©
73.6
77.4
82.o
75.9
mil $
Insulating materials, sales, Index
1947-49— loo"
142
154
154
148
Motors and generators:
New orders, Index, qtrly__
_
do
i
151
154
i 149
New orders (gross) :
Polyphase induction motors, 1-200 hp mil $
12 4
12.4
12.8
13 7
D C motors and generators 1-200 hp
do
2 9
2 2
2 6
33
1872. 7
630.1
81. 5
71.7
73.0
52.1
160
144
151
154
12. 7
2 5
12 1
21
13 3
2 3
52 6
56.9
146
167
13 5
3 4
14 9
2 8
154
'Revised.
i Quarterly average.
2 For mO nth shown.
3 Data cover 5 weeks;
other months, 4 weeks.
< Data cover 6 weeks.
9 Includes data not shown separately.
A Producers' stocks, elsewhere, end of Sept. 1964, 20,700 tons.
*New series. Shipments (from The Institute of Boiler and Radiator Manufacturers)
represent the following approximate percentages of total industry shipments: Convectors,
90 to 95%; radiators and baseboards, 80 to 85%.
concludes data for built-in gas fired oven-broiler units; shipments of cooking tops, not
Digitized forincluded
FRASER
in figures above, totaled 26,700 units in July 1964.
, 799. 8 41,772.0 1,413.3 1,367.9 31,639.1 1,337.4 1,410.7 31,770.9
621.4 « 690. 0
731. 1
751.5 3 877. 9
712.7
584.2 3 835. 5
52 4
163
51 4
154
159
12.4
2 6
53 9
165
r
3
1,055.5 1, 633. 4 2,230.9
517.4
705.8 31,058.3
44.1
136
51.0
160
14 8
26
14 9
28
186
14 4
2 8
15 2
3 6
17 9
3 5
tAs reported by the Industrial Heating Equip. Assoc. for member companies, including
orders (not shown separately) for indust. ovens, atmosphere generating and combustion
equip., and miscel. items. Monthly data back to 1958 are available.
O Re visions for
1962 appear in the June 1964 SURVEY.
K Revisions for 1961 are available.
tRevisions for 1962-63 appear on p. S-34 of the Apr. 1964 SURVEY.
§ Radio production comprises table, portable battery, auto, and clock models; beginning
Jan. 1964, data for television sets include color sets.
©See similar note, p. S-35.
SURVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-35
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
July
June
Aug.
Sept.
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons.. 1,408
156
Exports
do
Prices:
Retail stove, composite
$ per sh. ton-- 28.63
13.050
Wholesale chestnut f o b mine
do
1,522
279
1.606
420
29.39
13.361
Bituminous:
Production
35,178
1,574
407
1,822
345
1,615
319
1,535
309
1,527
248
1,311
149
1, 155
86
1,427
84
1,665
151
1,789
171
29.04
12 985
29.79
30.00
13 510 13 510
30 54
14 420
30 95
14 420
31 35
14 490
31 40
14 490
31 40
14 490
31 40
13 195
30 69
13 195
30.30
13 195
38,244
42 299
40,320
44 876
38 820
39 070
40 430
34 790
36 790
37 490
38 270
40 940
32,314
15, 903
14,006
6,188
34, 102
17, 420
14, 664
6,469
32, 468
17, 649
13 581
6, 110
31,596
16, 566
13 405
6,039
33
17
14
6
816
593
614
372
34 383
17, 783
14 6io
6 236
40 219
0 727
16 349
6 590
39
20
16
6
36
18
15
6
36
18
16
7
33
16
15
7
32
16
15
7
33
17
14
7
2,349
1,962
1 153
1,536
1 511
1 905
Stocks, Industrial and retail dealers', end of
month, total 9 - thous. sh. tons.. 67, 960 65, 692
46,665 46 139
Electric power utilities
do
20, 845 19 103
Mfg and mining industries, total
do
9,044
Oven-coke plants.
do
7,373
67 002
46 912
19 555
6 919
69 388
49, 138
19 712
7 290
thous. sh. tons
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
449
72
51
20
7
708
7"
493
912
73
52
20
8
383
383
391
054
9
3 118
70
49
20
8
083
314
270
014
768
3S9
411
789
2 968
66
46
19
7
536
422
659
780
755
732
525
540
2 496
64 430
44 961
19 121
7*900
439
465
097
014
1 872
63
43
19
8
041
717
070
299
054
666
302
044
1,030
65
45
19
8
043
045
743
411
702
757
324
537
619
886
420
841
r
70
49
91
9
700
331
012
375
'1,245
142
30, 350 -31,830
r
r
33, 768
18, 794
14, 241
- 7, 451
34, 610
18, 685
14 771
7,453
655
1,066
-65,616
r
46, 921
18, 306
7, 467
T
450
535
538
563
609
499
455
348
254
255
313
357
389
416
5 325
5, 266
5 029
4 500
3 536
3 152
3 065
3 028
3,523
4 551
4,617
4,038
5,250
COKE
Production:
Beehive
Oven (byproduct)
Petroleum coke§
_
Stocks, end of month:
Oven-coke plants total
At furnnce plants
At merchant plants
Petroleum coke
Exports
do
17 13
17.46
17 69
17 73
17 83
17 89
17 89
17 89
17.76
17 31
17.23
4.752
6 886
4.752
7.061
4 745
7 231
4 748
7 257
4 748
7 257
4.726
7 276
4.731
7 221
4 731
7 026
4.807
6 524
4.832
6 482
4.840 -4.832 * 4. 832
6 513 - 6. 657 P 6. 756
80
4 200
1 385
79
4 157
1 350
83
4 391
1 367
78
4 289
1 355
82
82
78
87
4 540
1 457
4 661
1 440
4 485
1 343
4 821
1 457
4 855
1 366
5 192
1 409
' 79
5 037
1 436
3,899 T 2 995 T 2 709
2,796 r 2 295 T 2 071
T 699
T g38
1,103
1.053 1 200 1 152
39
33
38
2 801
2 185
616
1 171
33
2 888
9 304
584
1 195
23
2 899
2 379
520
1 381
41
2 881
2 394
2 831
2 380
4*)1
1 284
2 672
2 253
2 567
2 141
2 421
2 008
2 337
1 909
2 281 T 2 353
1 862 r 1 876
418
426
429
419
19
1 313
23
1 329
1 379
1 393
19
1,781 31,691
2.93
2.97
264.2
255.8
87
84
1,809
2 93
273 5
88
1,725
2.93
260 2
87
1,633
2.92
266 9
86
1,480
2.92
261 0
87
1,768
2.92
269 3
1,567
2.92
273 3
87
88
363 1
68
thous. sh. tons. .
do
4,258
1,312
do
--_
-
do
do
do
do
do
81
4 442
1 344
486
1 297
87
413
1 359
27
25
1 628
2.92
256 8
1,564
2.92
269 9
1,566
2.92
258 4
89
87
84
326 0
345 7
335 4
90
r
-70
5 164
1,501
r 477
1 417
41,290
67, 674
48 443
18,815
7,968
3,201
Exports
_
do
3,923
Prices:
Retail, composite
$ per sh. ton.. 17.30
17 46
Wholesale:
i 4. 918 2 4. 748
Screenings, indust. use, f.o.b. mine
do
i 7. 443 2 7 014
Domestic, large sizes, f.o.b. mine
do
Retail dealers
1,241
13. 699 pl3. 699
562
518
68
47
20
8
218
997
568
350
1,127
158
89
5 140
2 359
1 877
483
83
40
61
59
1 542
2.92
267 6
1,730
2.92
268
0
T
1,819
2 92
281 7
P2.92
334 3
321 9
340 2
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Okla.-Kansas)
Runs to stills
. .
Refinery operating ratio
number..
$ per bbl_.
mil. bbl
% of capacity..
All oils, supply, demand, and stocks:J
New supply, total...
mil. bbl_. 317.4
Production:
Crude petroleum
do
223.0
31.1
Natural-gas liquids, benzol, etc
..do
Imports:
Crude petroleum
do ...
34.3
29.1
Refined products. ..
do
1.0
Change in stocks, all oils (decrease,—)
do
Demand, total
Exports:
Crude petroleum
Refined products
Domestic demand, total 9
Gasoline
Kerosene ...
do ._
do ...
do
do. .
do
__ do
S7
88
327.6
333 1
316 8
331 8
322 5
336 7
229.4
33.4
236 8
34.0
225 2
32 8
233 6
34.1
226 3
34 3
232 8
35 6
238 1
36 4
224 5
34 1
240 6
36 0
233 1
34 0
235 8
34 4
228 3
32 9
233 7
34 5
34.4
30.4
.1
36 7
25 5
12.3
34 Q
23 9
11.0
31 4
32 7
1L7
34 2
27 6
2.9
30 3
38 0
54 9
39 g
49 0
—22 8
32 2
35 2
—9 9
36 9
32 2
6 4
33 1
35 2
88
36 0
28 2
24 7
34 4
26 3
1i
43 8
28 1
12.9
320 1
319 6
1
6 5
313 0
132 9
15 4
391 6
385 8
335 9
339 4
326 6
309 7
320 8
327 3
2
1
2
1
2
2
6 3
385 1
134 7
21 9
4
1
6
6
57
303 8
144 9
11 1
61 5
43 g
91
46 8
37 5
327.5
320 8
.1
.1
6.2
5.0
311.3 321.2
132.1 4 136. 2
13.7 *14. 4
2
6 4
314 3
151 1
12 4
305 8
\
70
298 7
134 0
13 3
316.4
84
\
\
Distillate fuel oil
Residual fuel oil..
Jet fuel
do
do
do
61.0
45.5
9.4
*62. 3
M5.1
9.7
43 c
36 1
11 8
50 5
35 6
10 2
2
60
313 8
142 0
12 5
49 5
41 8
10 9
Lubricants
Asphalt
Liquefied gases
do
do
do
3.6
9.5
21.3
3.6
9.8
* 19. 5
4 0
16 2
17.2
34
14 6
16.1
4 3
14 2
17.6
33
6 9
20.9
2 9
4 1
29.5
4 0
33
27.8
22.2
38
4 3
19.9
do
do
do
do
820.6 * 831. 1
248.1 246.9
33 8
35 2
537.3 4 550. 4
864.9
249.1
41 4
574.5
875.9
248.3
43 1
584.6
887.6
245.5
43 8
598.3
890.5
244.4
49 1
604.0
835.6
237.4
oo 7
564.5
812.8
241.0
802.9
240.1
809.2
246.9
818.0
253.9
842.7
257.3
843.9
251.2
856.7
246.3
543. 3
535.4
532.5
530.0
546.5
550.1
565.3
do
do
do
131.9 < 135. 7
5
6
188.6 * 192. 8
144.0
5
178.3
135.7
7
181.3
138. 2
g
178.3
135.6
7
181.3
144.1
g
190.9
142.4
6
203.2
133.0
140.1
133.9
140.1
140.5
149.7
215.1
220.4
214.7
210.9
198.5
191.4
.110
.090
.105
.105
.100
.100
.095
.105
.103
.105
p. 093
.197
.201
.204
.196
.199
.199
.195
.196
.207
.201
.198
^_
Stocks, end of month, total
Crude petroleum
Natural-gas liquids
._
Refined products
Refined petroleum products :t
Gasoline (incl. aviation):
Production
Exports
Stocks, end of month
_
Prices (excl. aviation)
Wholesale, ref. (Okla., group 3)
$ per gal..
.109
.113
.108
.115
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal..
.204
.201
.208
.200
.
' Preliminary.
1
Monthly average based on Apr.-Dec. data.
23 Data beginning Jan. 1963 not entirely comparable with those for earlier periods.
Beginning Jan. 1963, data exclude condensate wells formerly included
4
See note 1 for p. S-36.
6
379
130
21
6
320
156
12
7
5
7
3
7
o
5
2
4 8
331 0
121 8
17 7
6 0
333 1
135 5
102 2
60 4
8 8
96 1
66 4
9 7
81 5
53 4
73 4
49 7
9 C
59 6
48 2
10 3
3 4
4 4
7 1
16.9
0
(•
n
o
•ice
1 fi 7
15.8
15.7
17.6
98 A.
c 4.
3 0
1 K
0
6
320
140
12
104
6
314
153
in
4
2
5
°.
43 8
35 7
n
o
4
q
41 2
38 2
1n q
4 0
9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke.
{Revised data for months of 1962 appear on p. 28 of the June 1964 SURVEY.
NOTE FOR ELECTRON TUBES, p. S-34-0 Beginning Jan. 1964, excludes
of receiving tubes; 1963 sales of such tubes averaged $22,800,000 per month.
SURVEY OF CURRENT BUSINESS
S-36
October 1964
••:
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
Aug.
Sept.
Oct.
1
1964
1963
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products]:— Continued
Aviation easoline:
Production
___
-mil. bbl_.
Exports
do
Stock*? end of month
-do
Kerosene:
Production
do
Stocks end of month
do
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gal. .
Distillate fuel oil:
Production
- _.
mil. bbL.
Imports
do__
Exports
-- -- do
Stocks end of month
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gal_.
Residual fuel oil:
Production
mil. bbl_
Imports
- do. _Exports
do. _ Stocks end of month
do
Price, wholesale (Okla., No. 6)_.
$per bbL.
Jet fuel (military grade only) :
Production
__mil. bbL.
Stocks end of month
do
Lubricants:
Production
do
Export^
do
Stocks end of month
do. _
Price, wholesale, bright stock (midcontinent,
fo.b.,Tulsa)
$pergal_.
Asphalt:
Production
mil. bbl
Stocks, end of month
do _
Liquefied petroleum gases:
Production
do_ _
Transfers from gasoline plants
do
Stocks (at plants, terminals, underground, and
at refineries) end of mo
mil. bbl_
Asphalt and tar products, shipments:f
Asphalt roofing, total
thous. squnres.Roll roofing and cap sheet
do. _
Shingles all types
do
Asphalt siding
Insulated siding
Saturated felts
do
. _do
thous. sh.tons..
10.2
.4
10.5
13.1
30.6
10.4
.4
10.7
11.2
.3
9.5
9.5
.5
9.6
10.0
5
9 3
9 8
5
88
10 8
6
9 4
10 0
4
9 7
10 0
2
10 8
10 6
6
10 3
10.2
2
10.3
10.5
.4
9.9
10.8
.5
9.2
11.7
.6
9.0
i 13.8
31.7
12.5
36 2
12.2
36 0
14 9
39 1
14 8
39 1
16 2
34 1
17 3
30 9
14 7
28 5
14 3
28 5
12 5
29 1
11.7
30.5
11.6
32 8
12.7
34 4
104
104
104
.099
.096
.094
.093
.093
62 8
11
4
110 5
61 7
9
6
99 2
57 6
.8
3
97 8
60.8
.7
.3
112 2
61.1
1.0
.3
130 3
64.2
.6
.4
153 6
1
.104
.102
.101
.096
.096
099
60.0
1.0
.7
133.4
163.8
.8
1.2
1
135. 8
63.3
.6
1.1
165 2
63.2
.7
1.4
177 2
63.9
.9
11
191 4
62 9
1.0
13
192 6
65 8
8
4
156 7
67
1
1
128
5
6
2
5
r
P. 093
.092
.092
.091
.086
.086
089
094
094
094
.089
086
.084
.083
.083
p. 083
24.6
22.0
1.1
46.6
1.58
123.1
22.9
1.3
148.6
1.57
21 8
16.9
1.4
52 5
1.55
21 5
15 7
1. 7
52 6
1.55
21 o
23 2
10
54 4
1.55
22 5
20 7
18
52 2
1 55
25 0
31 6
13
47 5
1 55
25 8
39 7
16
45 4
1 80
22 7
29 2
10
43 3
1.65
22 3
24 7
1 7
39 1
1 50
°1 2
28 0
2 0
38 5
1 35
20 8
19 8
1.4
40 5
1.35
19 5
17 7
19
40 4
1.35
21 6
20 5
15
43 0
1.35
v 1.35
8.6
8.7
8.3
9.4
8,9
9.6
8 5
9.3
7 8
8 6
8 3
8 9
7 8
8 5
7 8
8 5
7 9
90
91
9 9
89
9 2
9 5
9 3
9 9
86
10 0
9 5
5.1
1.5
12.8
5.3
1.5
13.7
5.4
15
13.4
5.4
1 6
13 8
5 4
15
13 4
5 3
14
14 o
50
18
14 3
5 2
1 2
14 3
4 8
1 4
14 3
5 2
1 4
14 4
5 3
2 0
13 3
5 4
13
13 8
5 2
16
13 1
5 4
16
12 9
.261
.270
.270
.270
.270
. 270
270
270
.270
270
270
.270
270
.270
9.1
16.3
9.3
16.7
13.2
14.5
12 4
12.8
11 3
10.4
8 2
11. 9
6 2
14 4
4 4
15 8
5 6
18.1
7 3
21 3
8 0
22 3
11 2
22.0
12 7
20 2
13 6
17.8
6.4
14.9
i 4.7
14.9
4.9
12.8
4 4
12.1
4 2
13 5
4 9
16 5
50
23 3
5 0
22 1
4 7
17 1
5 2
15 0
4 8
12 3
5 2
11 5
51
11 4
5 1
12 8
33.6
130.2
38.5
41.2
41 8
39 4
30 3
24 3
22 9
25 4
29 4
34 9
39 5
42 3
5,367
1,913
3,454
5,372
2,009
3,363
6, 954
2,602
4 352
6,419
2, 450
3 969
7,114
2 764
4 350
4,604
1 810
2 794
3,103
1 214
1 888
3,134
1 213
1 920
4,521
1 610
2 911
4,705
1 777
2 928
5,719
2 042
3 677
6,921
2 389
4 532
7,586
2 545
r 5 041
7,870
2 819
5 052
7,212
2 725
4 487
67
77
82
66
70
82
78
100
95
81
93
83
102
102
98
85
56
74
52
37
60
43
31
67
60
36
88
48
44
78
50
57
74
49
65
82
55
75
95
65
74
99
64
68
97
p. 270
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
_thous. cords (128 cu. ft.) ..
Consumption.
__
.
do
Stocks, end of month
do
Waste paper:
Consumption
thous. sh. tons..
Stocks, end of month
_ __ __ __
do
WOODPULP
Production.Total, all grades
Dissolving and special alpha
Sulfate
Sulfite
thous. sh. tons__
do
do...
do
3,668
3,673
5,225
3,816
3,847
5,124
4,370
4,150
5,180
3,945
3,754
5,118
4.335
4,102
5,353
3,821
3,975
5,116
3,495
3,626
4,976
4,030
4,055
4,936
4,175
3,906
4,981
4,157
4,126
4,987
3,843
4,119
4,690
3,992
4,213
4,428
4,120
3,952
4,478
4.186
3,898
4,660
4,254
4,151
4,620
756
498
729
501
762
515
737
494
797
506
710
465
668
514
741
490
748
477
799
470
821
476
803
468
795
467
686
485
827
476
2,326
106
1,358
214
2,453
114
1,458
224
2,576
121
1,549
229
2,390
106
1,416
211
2,631
124
1,555
242
2,593
120
1,551
230
2, 283
97
1, 357
229
2,605
138
1,528
231
2,530
125
1,509
224
2,667
127
1,608
242
2,706
106
1,634
246
2,821
129
1,729
241
2,608
132
1,543
223
2,509
107
1,545
211
2,769
124
1,688
234
289
Groundwood
Defibrated or exploded
Soda, semlchem., screenings, etc
Stocks, end of month:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills
_
do
do
do
283
104
261
2251
295
120
262
280
124
253
310
125
274
308
124
261
280
106
215
327
124
257
304
127
241
320
129
241
330
129
260
335
131
256
324
127
260
300
123
222
337
128
258
do
do
do
do
878
297
509
72
3713
263
3372
78
721
252
378
90
706
243
381
82
707
246
384
77
731
264
394
73
717
235
408
75
739
266
396
78
745
266
399
80
759
271
403
84
747
265
387
94
771
286
394
90
762
278
389
95
759
273
392
93
777
293
394
90
Exports, all grades, total...
Dissolving and special alpha
Allother
do
do
do
99
40
59
118
44
75
130
48
82
128
55
73
116
41
76
106
38
68
142
49
93
132
43
89
120
42
78
139
55
83
138
46
92
143
55
88
127
40
87
141
62
79
143
36
107
Imports, all grades, total
Dissolving and special alpha
Allother
_.
do
do
do
232
23
210
231
22
210
242
21
221
220
16
204
258
23
235
225
19
206
236
22
214
235
22
213
224
21
203
265
23
242
228
26
202
225
18
208
256
23
233
227
23
204
256
22
235
2117
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, seas, adj
thous. sh. tons
All grades, total, unadjusted
do
3,137 f 3, 249 ' 3, 447 3,200
3,514
Paper
...
do
1,382
1,436
1.508
1,387
1,540
Paperboard
do
1,507
1,458
1,605
1,496
1, 620
Wet-machine board
do
11
11
14
11
12
Construction paper and board
do
284
'324
'295
306
343
r
Revised.
p Preliminary.
1 Beginning Jan. 1 963, dat i for the indicatec1 items e xclude
certain oils which have been reclassified as petrochem cal feed? tocks.
2 Effective Jan. 1963, "screenings, etc." included u1th "defi brated o r explode,d."
» Effective Jan. 1963, excludes stocks of "own pulp" at paper and boa rd mills.
3,314
2,973
3,395
3,276
3,477
3,553
3,515
3, 445 r 3, 290
3,571
1,481
1,375
1,535
1,448
1,515
1,524
1,547
1,484 r 1,413
1,517
1,529
1,334
1,533
1,563
1,632
1,662
1,648
1,615 T 1, 551
1,708
11
10
11
11
12
11
12
12
11
10
293
254
286
284
318
333
331 1
333
'317
334
tReA Ised mo nthly da ta for 19 62 for pe iroleum products appear on p. 28 of the Jime 1964
SURVE Y; revisk>ns for 19 32 and 19 33 for asp halt and tarprodiicts appe aronp. 2 2 of the 1Lpr. 1964
SURVE Y.
SUKVEY OF CURRENT BUSINESS
October 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
S-37
1964
1963
Monthly
average
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
3 525
3 468
101.4
109.9
96.5
94.4
101.4
109.9
96.5
94.4
July
Aug.
Sept.
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board— Continued
New orders (American Paper and Pulp Assoc.) :
All grades paper and board
thous sh tons
Wholesale price indexes:
Printing paper
1957 59~~100
P>ook" paper A grade
do
Paperboard 9
do
Building paper and board
do
Selected types of paper (APPA) : t
Fine paper:
Orders new
thous sh tons
Orders unfilled end of month
do
r
3 131
3 268
3 424
3 308
3 523
3 193
2 913
3 458
3 298
3 499
3 565
101.4
107.6
93.1
97.2
101
107
94
96
4
4
7
2
101 4
107 4
94.1
97 5
101
107
94
97
101
107
96
96
101
107
96
95
101
107
96
95
101
107
96
95
101
107
96
95
4
4
5
0
101 4
109 0
96.5
93 7
101 4
109.9
96.5
93.5
166
88
174
99
179
102
171
103
192
108
173
100
157
90
185
85
184
93
184
83
197
92
r
183
'88
'87
183
91
170
168
177
174
185
187
177
170
190
190
180
179
169
153
187
183
183
187
191
188
195
191
' 191
' 190
186
'193
170
176
412
370
454
394
457
395
472
410
484
394
443
378
414
375
499
383
449
368
497
397
483
391
'487
' 401
r
'481
398
466
411
do
do
409
409
445
445
471
471
439
439
478
478
457
456
426
425
481
481
446
446
467
467
475
475
T
'478
478
r
••472
472
443
443
do
do
346
154
355
164
369
167
366
182
383
185
364
180
329
154
370
160
360
167
372
161
365
145
••349
'343
143
357
161
do
do
350
343
353
350
372
363
340
356
373
366
377
370
339
341
370
369
362
354
369
373
373
372
'r 361
354
r 342
r
337
336
340
do
do
do
558
557
249
553
552
268
586
576
265
551
580
235
630
638
227
613
611
229
535
578
186
564
533
217
549
491
275
566
540
301
625
664
261
610
594
277
610
652
240
617
620
237
637
634
239
do
do
do
179
180
39
185
184
37
191
178
44
164
172
36
194
193
37
190
18Q
38
180
184
34
198
189
43
174
186
32
190
193
29
192
197
24
201
192
32
194
192
34
174
182
27
200
194
33
Consumption by publishers of
do
Stocks at and In transit to publishers, end of
monthd*
- - thous. sh. tons
465
465
443
490
529
524
522
455
452
518
528
550
496
453
472
586
588
632
606
588
559
545
569
572
550
541
511
529
562
591
Imports
_.
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
_ _
$ per sh. ton
456
451
455
455
522
463
536
444
409
473
475
470
513
515
492
134. 40
134. 40
134. 40
134. 40
134 40
134. 40 134. 40
134 40
134 40
134 40
134 40
134 40
134 40
1357
518
1358
87
385
574
381
363
611
385
622
355
387
363
537
387
538
381
532
387
519
399
565
395
587
390
351
90
90
81
93
10,711
11 399
11 284
11 198
11 697
126.1
Production
Shipments
_ _
Printing paper:
Orders, new
_ _ _
Orders unfilled end of month
_
__
Production
_
Shipments
Coarse paper:
Orders new
Orders unfilled end of month
Production
Shipments
.
Newsprint:
Canada:
Production
Shipments from mills
Stocks at mills end of month
United States:
Production
Shipments from mills
Stocks at mills end of month
do
do
_do __
do
Paperboard (National Paperboard Assoc.): §
1340
Orders, new (weekly avg.)
thous. sh. tons_.
461
Orders, unfilled, end of month
do
1343
Production, total (weekly avg.). _ _ _
do
85
Percent of activity (based on 6.5-day week)
Paper products:
Shipping containers, corrugated and solid fiber,
10, 182
shipments©
- - mil. sq. ft. surf, area
Folding paper boxes, shipments, Index of physical
volume
_1947-49= 100_. 124.1
91
4
4
1
6
4
4
6
9
4
4
6
1
357
545
373
4
4
5
2
316
494
4
4
5
2
325
349
86
92
90
75
88
11,903
10, 848
12, 482
10,649
9 870
10 833
135.5
129.6
141.7
119.8
130.8
124 4
386
384
139
386
91
92
90
10 460
11 039
11 520
114 7
190
r
391
123 3
127 2
121 0
131 5
39 80
64 97
41 75
.256
40 68
64 74
28 79
.259
39 36
69 08
44 07
.254
41 37
67 14
31 24
.251
101.4
109.9
96.4
93.9
101.4
109.9
96.5
'94.2
134. 40 P134. 40
400
610
361
624
403
385
606
388
89
12 232
' 119. 7 * 125. 5
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous Ig tons
Stocks, end of month
do
Imports, incl. latex and guayule
do
Price, wholesale, smoked sheets (N.Y.).__$ perlb..
Synthetic rubber:
Production
Consumption
Stocks, end of month
Exports
_
_
thous Ig tons
do
do
do
Reclaimed rubber:
Production
_
Consumption
Stocks, end of month
do
do
do
38.56
68.47
35.13
p . 285
38.10
72.70
31.63
». 263
35.55
73.00
31.68
.253
131.20
104. 66
257. 15
25.31
134 04
108 90
281.05
23 60
127. 30
100. 42
296. 21
27 27
23.38
21 95
29.77
23 45
21 97
30 30
20 11
19 27
31 22
22 42
21 65
31 35
11, 594
'9,369
11, 551
3 919
7,503
T
r
36 31
68.88
26.24
.230
124
105
292.
21
59
70
20
33
42 59
64 30
30 58
.255
129
127
275
22
86
89
28
51
35 29
61 32
27 09
.258
134
109
275
22
81
26
28
90
35 75
60 58
28 61
.240
141
107
283
24
05
54
01
86
39 59
62 44
38 78
.235
143
120
279
24
59
74
51
00
36 66
64 34
26 30
.236
140
111
283
28
146 °7
18
12
20
80
116 69
285 88
27 05
25 11
22 99
31 47
21 75
20 75
30 51
24 03
22 59
30 37
24 50
24 20
30 42
146
121
28K
27
22
85
19
85
26 00
25 06
30 88
21 25
20 65
29 78
22 17
20 15
31 19
10, 540
13, 469
11,502
11,496
12, 681
11,835
12, 563
13, 331
9, 575 11,232
1 616
3 562
' 7, 826 7,552
14 021
5 163
8,700
10 746
4 366
6,263
10 491
4 470
5,888
12 640
4 337
8,194
10 406
4 067
6,209
11 996
4 409
7,478
14 117
4 854
9,130
133
31 091
92
150
118
293
24
31
49
17
66
23 96
23 10
29 75
146
123
293
24
94
71
02
98
35 09
75 39
40 51
.246
137
104
300
25
99
16
65
60
41 10
89 85
39 04
.245
144
119
298
26
.250
63
65
6
52
9
25 22
22 30
30 92
20 21
19 02
32 35
20 56
20 95
30 25
13, 214
14, 041
11, 509
13, 234
13 576
4 KAf)
8,907
14 517
4 fi^9
9,718
12 398
9 01 n
9,423
164
11 378
31 Oil
30 644
q-i Q7Q
106
105
29 968
160
CQ1
q £QQ
3 mn
TIRES AND TUBES
Pneumatic casings:
Production
thous_. 11, 156
Shipments, total
Original equipment
Replacement equipment
Export
Stocks, end of month
Exports (Bu. of Census)
_
Inner tubes:
Production
Shipments
Stocks, end of month
Exports (Bu. of Census)
do
do
do
do
11,055
3,495
7,430
do
do
27, 086
do.
do
do
do
3,403
3 442
8,913
130
89
81
129
29, 978
82
3,305
3 398
9,462
76
132
117
158
28 652
27 889
27 469
78
86
2 860
3 115
9,180
3 408
3 506
9 155
81
2 792
'3 038
9,576
61
82
85
' Revised.
v Preliminary.
1 Weekly average for year.
9 Revisions for 1961 are available upon request.
^Monthly averages for 1962 for new orders, production, and shipments reflect revisions
to adjusted annual totals; revisions by months not available.
cfAs reported by publishers accounting for about 74.5 percent of total newsprint con-
117
28 272
82
2 827
2 958
9 088
77
134
110
29 407
29 544
73
77
3 138
2 799
9 529
3 914
5 415
8 201
75
55
130
31 090
85
3 673
3 613
8 424
72
116
31 658
78
3 837
•3 OO1
9 020
51
3 956
3' 3Q9
9 587
78
19fi
3
10 172
64
I A f\
10 471
73
10 135
87
o' qjn
8,867
171
148
3
r>RA
1 n i Q^
86
sumption in 1962 and 74 percent in 1963 and 1964.
§ Revised to reflect weekly averages for new orders and production, and percent activity
on basis of 6.5 days per week; comparable data prior to 1962 will be shown later.
©Revisions
by months for 1962-Feb. 1963 will be shown later.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
October 1964
1964
1963
Oct.
Sept.
Aug.
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
34,417
Sept.
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent of capacity
Shipments, finished cement
Stocks, end of month:
Finished
Clinker
thous. bbL. 28,027
75
_ _
thous. bbl.. 27, 893
do
do
29, 441
74
29, 354
37 452
93
40, 257
34 682
88
36, 547
36 624
90
30 377
77
26, 317
23 993
59
16, 958
18 931
46
17, 425
19, 729
51
17, 597
24, 697
61
22, 722
29,493
41,352
75
29, 178
84
35, 511
36, 185
92
38, 750
37, 220
91
40, 678
39, 496
38,029
35 209
19 774
33 236
17 400
28 485
13 631
32 491
13 820
39 556
16 793
41 047
21 741
43 igi
25 610
45, 152
29, 242
45 462
30, 667
44 425
29 580
41, 894
27, 065
38, 436
24, 249
36 671
20, 628
776.7
620.4
679 3
31 7
151 8
739.6
32 6
166 1
' 771. 6
32.8
184.5
31.3
189.8
32.6
36, 720
37,700
92
24,160
23, 081
576.1
35.2
142.8
617.1
32.0
145.6
745.3
684.3
30 9
171 1
34 1
186 4
26 2
135.1
431.1
23 4
94 8
424. 1
27 1
93 4
446 5
25 1
101 3
590.8
35 6
186.9
33.6
29.7
33.1
29 7
35 7
29 2
25 8
22 8
21 9
26.4
27 8
25 2
'30.2
21.1
22.2
24 5
22 8
25 3
21 5
19 1
21 2
20 8
24 8
25 5
23 9
25.5
25.3
104.9
106.1
106.4
105.8
105.8
105.9
106.1
106 1
107 1
107.1
107.3
107.3
107.1
r 106. 7
107.0
71, 497
31,612
39, 885
78, 274
35, 370
42, 904
thous. gross.
14, 655
15, 166
17, 095
14, 803
15, 677
14, 271
12, 712
14 424
14 704
15,877
16, 391
16. 776
17, 652
17, 004
17, 958
Shtpments, domestic, total
do
General -use food:
Narrow-neck food
do
Wide-mouth food (Incl. packers' tumblers,
jelly glasses and fruit jars)
thous gross
14,319
14, 730
17, 741
14, 805
15,497
13, 283
13, 382
13 714
13 397
15,377
16.514
15 283
16, 967
16, 301
17, 447
1,582
1,602
2,290
2,765
1,838
1,186
1,204
1 331
1 294
1,508
1,642
1 367
1,455
2, 105
2,652
4,110
4,100
5,275
4,124
4,633
3,847
3,848
4 181
4 034
4,134
3,911
4,040
4,355
4,096
4,656
1,350
1,430
921
2 157
1 643
959
2 101
1,323
1,382
2 286
1 226
845
2 054
1 286
987
2 137
1 293
1,422
2 683
1,413
1,700
3 542
1,392
2 105
2 822
1 379
2,359
3,543
2,027
1,425
3 669
1 094
1,324
3,318
1,357
3,490
2 890
590
90
3,089
2 647
3, 369
699
138
553
110
639
132
25 633
26 948
27, 294
27 570
27 672
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil. standard brick..
Structural tile except facing
thous sh tons
Sewer pipe and fittings, vitrified
do
Facing tile (hollow), glazed and unglazed
mil brick equivalent
Floor and wall tile and accessories, glared and ungla/ed
mil sq ft
Price Index, brick (common), f.o.b. plant or N.Y.
dock
1957-59=100..
29.6
137.5
765.9
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments (qtrly. average or total)
thous. $_
Sheet (window) glass shipments
do
Plate and other flat glass shipments
do
Glass containers:
Production
Beverage
Beer bottles
Liquor and wine
do
do
do
1,187
2,184
1,269
Medicinal and toilet
Chemical, household and Industrial
Dairy products
do
do
do
3,066
do
Stocks end of month
80, 857
38, 766
42, 091
80, 644
35. 272
45, 372
78, 211
32, 610
45, 601
89, 298
41 314
47, 984
2,453
2,983
1,295
1,338
858
1 971
1 337
786
134
3.061
742
127
3,431
812
182
2 933
679
138
3 401
765
139
3 095
648
124
2 704
584
148
3 263
639
115
2 956
602
94
3,364
22, 921
25, 533
26 006
25 151
25 564
26 315
25 540
26 067
25 893
26 136
1,355
751
102
637
104
GYPSUM AND PRODUCTS
Crude gypsum, qtrly. avg. or total:
Imports
thous. sh tons
Production
- _
do
2,492
1,372
2,561
1,397
2,425
2,377
1,280
2,902
Calcined production, qtrly avg. or total
2,205
2,295
2 518
2 226
2 209
2,437
1,012
67
1,035
70
1,263
70
947
69
822
73
1,200
75
256
257
259
250
284
289
232
240
237
217
269
254
396.2
387.3
437.0
365 0
1 730. 1
60 9
1, 721. 1
51 6
do
Gypsum products sold or used, qtrly. avg. or total:
Un calcined uses
thous sh tons
Industrial uses
do
Building uses:
Plasters:
Base-coat
do
All other (Incl. Keene's cement)
do
Lath
Wallboard
All other§
mil sq ft
do
do
1,566
1, 657. 9 1, 777. 4
58.9
62.0
1,375
1, 994. 8
69.0
2,733
365.7
391.8
1, 905. 7
73.8
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills: ©
Cloth woven, total
mil. linear yd_. 975.5
Cotton
do
760.2
Stocks, end of year or mo., totalcf
do
1,488.0
Cotton d"
do
1,192. 5
2,472. 3
Orders (unfilled), end of year or mo., totalV do
1,848.9
Cotton 5
do
981.9 934.4 939.8
756.9 720 9 719.1
1, 509. 3 1, 506. 1 1, 505. 0
1, 176. 7 1,158.5 1,164.0
2, 491. 5 2. 506. 4 2, 546. 1
1, 800. 8 1,798 8 1, 848. 8
1
1,179.7
957.0
887. 1
1
915 3 736 3 684 2 1 893 8
1
1,475.7 1,494.5 1 564 0
1
1,149.
9 1, 168. 0 1, 235. 6 U 157.1
1
2,827.9 2, 968. 9 2, 892. 8
1
741 3
733 0
1 131 4 1,116. 5
1
1
898 5
729 1
729 4 1725 8
1,081 4 1,087 1 1,071.8 11,066.1
2,023 4 2, 127. 1 2 084 8 il 882 5 1 797 4 1 682 2 il 555 8 1 624 8 1 700 2 11 909.8
COTTON
Cotton (exclusive of linters):
Production:
GinnlngsA
thous. running bales..
Crop estimate ,equivalent 500-lb. bales
thous. bales_.
ConsumptlonO
do
Stocks in the United States, end of mo., total O
thous. bales..
Domestic cotton, total O
do
On farms and in transit
do
Public storage and compresses O
do
Consuming establishments
do
Foreign cotton, total O
...do
214,864 215, 283
214,867
726
1,326
T
4, 789
10, 055
15, 327
700
667
14,696 r 17,796 ' 25,412
14, 593 ' 17,669 ' 25,275
3,371 ' 3, 548 r 14,413
9,564 12, 762
9,807
1,658
1.359
1,056
103
128
136
663
r 24,405
' 24,258
' 11,590
11, 688
981
147
1829
r 23,328
' 23,175
r 6,916
15, 209
1,050
153
••Revised.
1 Data cover 5 weeks; other months,
4 weeks.
2 Total crop for year.
5
Ginnings to Dec. 13.
< Ginnings to Jan. 16.
Oct. 1 estimate of 1964 crop.
§ Comprises sheathing, formboard, and laminated board.
©Effective Jan. 1964, the manmade fabrics classifications were revised and the survey
to include drapery fabrics; silk and chiefly silk mixtures were omitted from the
Digitized forexpanded
FRASER
canvass. Because of apparent reporting problems in the synthetics, data for total fabrics are
http://fraser.stlouisfed.org/
being withheld; July figures for wool apparel fabrics (mil. yd.): Woven, 21.4; stocks, 27.0.
3
Federal Reserve Bank of St. Louis
12, 820
3
14, 070 4 15, 117
152
2
678
'22,068
' 21,920
' 4, 163
16, 510
1,245
149
605
' 20,861
' 20,710
r 2, 045
17, 260
1,405
151
i 814
683
673
1831
687
683
i 741
' 19,462 r 18,225 ' 17,079 ' 15,866 ' 14,816 ' 13,813 12, 383
' 19,323 r 18,095 ' 16,961 ' 15,760 ' 14,721 ' 13,733 12,311
'520
* 1, 168
'885
'581
'528
'577
270
16, 557 15, 539 14, 664 13, 582 12, 750 11,933 10,916
1,601
1,672
1,451
1,272
1, 598
1,716
1, 125
106
95
139
80
130
118
72
1,011
3,682
5 15, 274
702
712
26, 344
26, 209
14, 264
11,058
887
135
25, 974
25, 840
12, 646
12, 341
853
134
d"Stocks are those owned by weaving mills and those billed and held for others, except
that stacks exclude denims stocks billed and held for others, and all bedsheeting stocks.
lExdudes orders for wool apparel fabrics and bedsheeting.
ATotal ginnings to end of
month indicated, except as noted. O Revisions for Aug. 1962-June 1963 are available; for
stocks monthly averages also reflect cotton released by GSA from the cotton stockpile (beginning July 1962).
SUEVEY OF CURRENT BUSINESS
October 19&4
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-39
1964
1963
Aug.
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Apr.
Mar.
May
June
July
Aug.
Sept.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
321
363
Exports
thous. bales-12
11
Imports
___do
Prices (farm), American upland
cents per lb._ 131.7
i 33. 5 ~'~i~33.Y
Prices, middling 1", avg., 15 markets
-do
Cotton linters:
Consumption©
Production!
Stocks end of mof
-
thous. bales. .
do
__do
109
134
628
COTTON MANUFACTURES
Spindle activity (cotton system spindles) :O
Active spindles, last working day, totaL.thous ._ 18,807
16, 750
Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total
mil__ 9,895
458
Average per working day
-do
8,780
Consuming 100 percent cotton
do
Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
.660
20/2 carded weaving
$perlb_.
.938
36/2 combed knitting
do
Cotton cloth:
Cotton broadwoven goods over 12" In width:
Production qtrly avg or totalO mll.lln. yd - 2,312
Orders, unfilled, end of mo., as compared with
10.8
aver weekly production
No weeks' prod
Inventories, end of mo., as compared with avg.
5.4
weeklv production
No weeks' prod
Ratio of stocks to unfilled orders (at cotton
.51
mills) end of mo seasonally adjusted
25.24
Mill marcinsl
cents per Ib
Prices, wholesale:
39.6
Denim mill
finished
cents per yd
15.4
Print cloth 39 Inch 68 x 72
do
17.0
Sheeting class B 40-Inch 48 x 44-48
do
MANMADE FIBERS AND MANUFACTURES
597.3
Fiber production, qtrly. avg. or totalO
mil. Ib
181.5
Filament yarn (rayon and acetate)
do
125.0
Staple incl tow (rayon)
do
243.2
Noncellulosic (nylon, acrylic, protein, etc.) do
47.6
Textile glass
fiber
do
Exports:
9,177
Yarns and monofilaments
thous. Ib
4,281
Staple tow and tops
do
Imports:
809
Yarns and monofilaments
do
5,463
Staple, tow, and tops
_
do
Stocks, producers', end of mo.:
53.2
Filament yarn (rayon and acetate)
mll.lb..
48.4
Staple, Incl. tow (rayon) _ _
do
4
79. 8
Noncelluloslc fiber O
do
< 27.0
Textile glass
fiber
_._do
Prices, rayon (viscose):
.82
Yarn, filament. 150 denier A
$ per Ib.
.26
Staple, 1.5 denier A
do
Manmade fiber and silk broadwoven fabrics: J
Production, qtrly. avg. or total 9 -..mil. lin. yd_. 688.8
Filament yarn (100%) fabrics 9
do
Chiefly rayon and/or acetate fabrics- do_
Chiefly nylon fabrics
do
Spun yarn (100%) fabrics (except blanketing) 9
mil. lin. yd
Rayon and/or acetate fabrics and blends
do—Polyester blends with cotton
— do...
Combinations of filament and spun yarn fabrics
mil. lin. yd
Exports, piece goods
thous. sq. yd.. 11, 633
WOOL
Wool consumption, mill (clean basis):©
Apparel class
mil lb_
Carpet class... .
do
Wool imports, clean yield
do
Duty-free (carpet class)*
do
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
$ per Ib...
Graded fleece, 96 blood
.
do
Australian, 64s, 70s, good topmaking _
do
274
79
32.0
33.2
361
4
384
24
501
5
32.7
33.1
32.9
33.1
32.5
33.1
114
63
482
106
147
2131
667
497
18, 628
15, 813
9,849
456
8,349
18, 681
15, 757
9,344
467
7,870
18, 696
15, 758
9,345
467
7,903
.644
.912
.640
.911
.645
.911
111
129
587
1
30.1
33.2
570
3
29.4
33.3
566
651
99
169
699
2129
184
760
111
165
783
18, 742
15, 753
11,788
472
2
9, 903
18, 660
15, 653
9,538
477
8,000
18,625
15 656
8,563
428
7,220
18, 591
15, 596
11,579
463
2
9, 742
18,543
15, 521
9,494
475
7,978
.645
.911
.650
.920
. 655
. 923
.655
.923
. 655
.923
205
2
100
201
2,072
2,195
628
1
31.3
33.2
490
5
387
2
32.4
33.3
132
119
111
109
89
726
118
62
649
18, 492 18, 484
15 440 15, 381
9, 294 211,503
460
465
7,798 2 9,609
18, 442
15,292
9,481
474
7,892
108
147
31.7
33.4
2
797
.655
.918
r
2,215
400
6
381
4
32.1
33.4
30.7
33.4
.636
.913
.631
895
9 7
9.1
9 4
4 9
5.0
697
2
120
49
30.6
31.2
32.5
32.6
2 102
44
107
46
541
114
599
18, 376 18, 446
15 208 15, 238
9,422 2 10, 272
411
471
7 836 2 8, 455
18,543
15 273
9,678
484
7 981
18, 489
15 174
9,608
480
7 931
r
. 881
v 612
v 879
9 8
13 8
11.8
51
4 8
6 0
4.8
49
45
2, 230
.631
.896
. 612
T
2 255
10 6
10.1
10.5
11.5
12.3
5.5
5.3
5.3
5.1
5.0
. 52
25.20
.49
25. 27
.48
.41
.39
25. 80
26.23
26.73
42
26.92
26.87
51
26. 85
26.87
.57
26.37
56
25.95
25 11
25 35
.39
33.36
38. 1
15.9
17 0
38.2
15.9
16.9
37.7
16.0
16.9
37.7
16.3
16.9
37.7
17.0
17.1
37 7
17 0
17 8
37 7
17 0
17 8
37 7
17 0
17 5
38 0
17 0
17 7
37 7
16 5
17 8
37 7
15 8
17 8
36 9
15 6
16 6
36 9
T 15 s
17 0
p36. 9
p 15.8
v 17.0
3
3
3
676.8
176.6
146.0
305.7
48.5
659.2
177.4
144.8
289.0
48.0
8,196
4,187
8,197
4,679
8,330
4,003
680
813
10,063
837
10, 155
10, 463
12 8
5 5
11 0
10 1
4 9
5. 1
47
705 8
189 3
152 6
313 4
50.5
728
189
162
322
54
723
190
141
334
58
9
6
2
7
4
9
1
5
1
2
65 6
3 42 5
9,160
4 309
7 442
2 499
6 691
5 544
8 899
3 938
8,498
3 664
9 005
3 199
10 177
5 013
10 204
3 947
10, 907
4 851
884
487
13, 089
12, 913
510
15 462
599
15 367
437
12 357
17 415
518
563
12 287
592
11 578
882
10 453
967
9 636
883
6 902
0
3
7
0
37 9
52 5
36 1
56 6
35 0
60 9
131 5
31 0
r 35 9
58 9
34.9
53 2
78
28
78
28
78
28
78
28
78
28
p 78
p. 28
117 0
15, 880
12, 546
13, 251
18
10
15
7
58.5
32.1
57.3
33.9
119.6
27.9
53.1
38.5
50.4
35.7
47 0
37 9
135 9
29.7
44 7
40 3
43 6
41 9
.82
.27
.82
.28
.82
.28
.82
.28
.82
.28
82
28
78
28
78
28
729.2
800 1
41
48
137
°9
r 847 6
T 372 g
T 199 3
69 8
864 1
r 297 2
302 5
r 156 2
105 7
164 6
105 9
OQO n
204 3
71 2
119 1
12, 972
13, 689
13, 439
13, 684
13, 283
14,693
14,061
23.4
12.4
23.1
11.8
20.9
13.4
23.8
14.0
20.0
13.5
22.2
16.0
18.2
13.6
16.0
10.4
2 20.7
2 16.0
20.6
14.7
16.1
12.0
13.7
6.9
16.7
10 6
25 9
14 8
1.247
1.090
1.155
1.326
1.175
1.285
1.325
1.175
1.275
1.325
1. 191
1. 275
1.325
1.205
1.275
1.325
1.226
1.275
105 4
104 6
104 6
104 6
107 1
13, 788
17,318
16, 628
2 22 7
19 0
17 8
2 21 3
19 2
19 8
2 20 1
21 6
11 8
21 6
c
17 8
8 Q
18 5
9 0
18 5
U P
138
6 f?
17 3
9 8
1.425
1 255
1 455
1.425
1.450
1.450
1.415
1.375
1.375
1.335
1 *}no
1 4^*;
-I
1 4^*»
1
107 9
107 9
107 9
107 9
107 9
n
AK.K.
34.20
64 1
43. 0
8,662
6,080
8,008
5,556
56.8
35. 5
< 113. 3
<28. 5
758.7
52
30.6
30.7
4.QQ
16,612
1 9SQ
1
r
4
1
1
1
1 ^7^
1.398
1 300
1 375
107 5
107 5
107.5
95 8
95.8
95.8
?7ri
1. 405
1 300
1 375
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, Bradford
system wholesale price©
1957 59 — JOO
100 6
Woolen and worsted woven goods, exc. felts:
Production, qtrly. avg. or totalO---thous.lm. yd. 77, 465
Apparel fabrics, total
do
75, 310
Women's and children's
do
45 423
Suiting, price (wholesale), flannel, men's and
hnvs. f n h mill
1QR7 KQ — inn
Q4 9
Q5 8
Q5 8
QR 8
rr 68, 640
66, 654
r
42, 570
61, 997
59. 302
39, 168
66, 531
64, 712
45 466
71,101
68, 485
43 246
Q5 8
r
1
2
Revised.
p Preliminary.
Season average.
Data cover 5 weeks; other months,
3
4
4 weeks.
For month shown.
Qrtly. average.
O Revisions for Jan. 1962-June 1963 are available.
9 Includes data not shown separately.
f Production
and stocks of linters at oil mills revised to approximate running bales; data
back to Aug. 1958 are available.
^Beginning Aug. 1964, margins reflect the 6.5 cents per
http://fraser.stlouisfed.org/
pound cotton equalization payments made to domestic cotton users on all bales of eligible
cotton opened
beginning
note that the Apr.-July 1964 margins exclude these payments.
Federal
Reserve
Bank 4/11/64;
of St. Louis
95 8
95 8
95 8
95 8
95 8
107 9
71,463
69, 822
46 538
Q5 8
95 8
AEiTective Jan. 1964, data not strictly comparable with earlier prices.
I See corresponding note, bottom of p. S-40.
*New series. See corresponding note in the Aug. 1964 SURVEY. Monthly data back to
1959 are available.
©Beginning July 1964 index, yarn specification changed to "American system, manufacturer to knitter."
SURVEY OF CUERENT BUSINESS
S-40
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
October 1964
1964
1963
Aug.
Sept.
Oct.
Nov.
Dec.
Feb.
Jan.
Mar.
Apr.
May
June
July
Aug.
16, 661
Sept.
TEXTILE PRODUCTS—Continued
APPAREL
Hosiery, shipments.
___thous. doz. pairs.. 14, 343
Men's apparel, cuttings: t
Tailored garments:
Suits
thous. units. _ 1,685
401
Overcoats and topcoats
do
15.007
17, 159
15, 194
17, 584
14,331
13, 399
16, 350
15, 411
15, 423
14, 763
13, 892
16, 544
15, 174
1,799
329
1,838
489
1,589
343
2,011
316
1,787
231
1,677
158
1,934
189
1,771
209
1,664
225
1.929
309
1,724
'384
1,757
390
1,156
311
943
9,527
2,061
1,054
9,120
2,071
1,024
10,214
2,201
882
8,843
1,918
1,218
9,480
2,276
1,022
8,383
2,100
967
7,384
1,853
1,169
9,560
2,138
1,030
9, 587
2,101
1,021
9,698
2,020
1, 173
10, 672
2,118
1,116
10, 847
2,098
1,024
11,354
1,975
659
9,947
1,730
281
303
366
313
425
335
410
311
475
341
373
307
325
219
402
336
424
325
433
319
444
339
425
306
415
304
379
268
Women's, misses', juniors' outerwear, cuttings: t
Coats
thous. units.. 2,002
20, 880
Dresses
do
806
Suits
do
2,046
21,914
828
2,739
21, 061
813
2,440
18, 874
636
2,529
22,353
858
2,001
18, 933
796
1,727
15,915
770
2,247
21, 920
1,259
2, 445
24, 866
1,362
1,588
28, 149
868
1,032
29, 943
584
1,541
25, 545
628
2,135
22, 953
909
2,408
19, 774
1,004
1,370
656
1,363
825
1,371
1,005
1,263
804
1,640
978
1,351
690
1,041
607
1,408
741
1,500
776
1,442
758
1,471
825
1,250
844
1,354
923
1,246
897
Coats (separate) dress and sport
do
Trousers (separate), dress and sport
do
Shirts (woven fabrics), dress and sport-thous. doz.
Work clothing:
Dungarees and waistband overalls
do
Shirts
do
Blouses waists and shirts
Skirts '
thous. doz
do
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders new (net), qtrly avg or total
mil. $__
IT S Government
__do
Prime contract
do
Sales (net), receipts or billings, qtrly. avg. or total
mil $
U S Government
do
3,741
2,996
3,330
4,414
3,519
4,018
5, 194
4,003
4 680
3,656
2,758
3 263
4 899
3,863
4 443
4 580
3 396
4 192
3,993
3,138
4 102
3,301
4 170
3,418
4 257
3,398
4 098
3,144
4 345
3^365
Backlog of orders end of year or qtr 9
do
U S Government
do
Aircraft (complete) and parts
do
Engine^ (aircraft) and parts
do
Missiles, space vehicle systems, engines, propulsion units and parts
mil $
Other related operations (conversions, modifications) products services
mil $
13,138
10, 572
5,045
1,527
13 919
10, 953
5 301
1 510
14, 522
11.579
5 345
1 484
13,919
10,953
5 301
1 510
14 705
11 665
5 879
1 383
14 940
11 696
6 180
1 342
4,056
4 661
5 151
4 661
4 809
4 826
1,480
1,295
1,365
1,295
1 403
Aircraft (civilian)' Shipments ®
do
Alrframe weight © thous Ib
Exports
mil $
81.8
1,682
27.3
57 2
1 340
20 3
48 7
1,097
18.5
58 4
1 199
13 2
63 3
1,380
11.6
52 8
1 306
20.9
88 1
2 045
15.4
84 6
1 815
41 8
66 5
1 567
17 9
96 7
2 Oil
25.0
114 6
2,297
33.4
92 3
1,997
24 0
96 0
2 091
19 8
681.1
654.6
577.8
562.8
103.3
91.9
758.4
730 0
636 5
620 3
121 9
109 7
251.4
240 3
167.8
165.1
83.6
75.2
598.8
566 1
481.8
463 0
117.0
103 1
945.7
906 2
804.0
779. 2
141.7
127 0
873.3
836 8
748. 5
726.2
124.7
110.6
881.8
846 4
754. 0
733.0
127. 8
113.5
859.6
831 5
726.2
709 0
133.5
122 5
814.1
784 8
681. 1
665.4
133.1
119 4
860. 5
829 3
718.0
700 9
142.5
128 4
939.9
909 3
786.4
770 2
153.5
139 1
875.7
845 1
735.0
719. 5
140.7
125.6
893.2
862 6
740.6
726 7
152.5
136 0
20, 100
11, 246
8,855
22 928 13, 241
12 851 3, 519
lo' 076 9 722
17 142
8 294
8 848
27, 970
14, 998
12 972
42, 056
29, 066
12 990
34 607
24, 799
9 808
33 829
20, 274
13 555
27 606
13 995
13 611
23 857
11 932
11 925
22, 407
12, 031
10, 376
27 769
13,166
14 603
34 681
18 986
15 695
22 032
10, 677
11 355
26 308
14, 927
11 381
33, 080
32, 063
36 534 21, 978
35 308 21,240
32 350
31 019
38, 835
36, 834
39 086
38, 504
40 952 45 588
40 037 44 330
38 426
38 243
47 238
46, 868
46, 404
45,950
41 211
40 808
47 015
46 481
47, 172
46, 812
20 430
20 181
6,541
3,879
6 404
3 736
7,434
4,556
6,590
4,311
5 910
3 609
7 184
4 246
8, 141
4,745
7 991
4,562
8 185
4 614
7 888
4,538
1 326
71 4
1 631
24 9
89 2
1 748
19.5
691.4
670 3
570.3
562.2
121.1
108 1
339.6 i 691. 6
319 9
237.3 i 573. 4
230.8
102. 2 i 118. 2
89.1
MOTOR VEHICLES
Factory sales, total
Domestic
Passeneer cars, total
Domestic
Trucks and buses, total
Domestic
.
Exports total
Passenger cars (new and used)
Trucks and buses
thous..
do
do.
do
do
do
number
do
do
Imports (cars trucks buses), total cf
do
Passenger cars (new and used)cf
do
Shipments, truck trailers: A
Complete trailers and chassis
do
Vans
_
do
Trailers and chassis (detachable), sold separately
number
Registrations:©
New passenger cars
thous
Foreign cars
do
New commercial cars (trucks)
do
6,081
3,733
6 465
3 885
6 503
4,139
6 135
3 802
T
537
445
276
285
365
427
459
342
289
515
607
623
627
651
578.2
28.3
89.1
629 7
32 1
103 7
552 9
31.5
105 0
403 6
33 7
93 5
714 7
32.2
117 1
640 2
26 4
100 4
712 0
35.8
114 6
612 0
35 4
102 7
551 8
29.8
90 9
636 9
35 8
108 3
812 3
45.0
132 5
780 6
41.3
124 3
754 3
42 5
122 4
724 2
44.2
123 0
648 7
42 4
111 1
number
do
do
3,046
1,962
1,085
3,747
2,608
1,140
4 141
2,907
1 234
4 327
2 984
1 343
4 725
3, 366
1 359
3 911
2, 925
986
4 442
3,087
1 355
5 253
3,299
1 954
5 467
3,674
1 793
6 780
4 336
2 444
6 529
3,531
2 998
6 931
3,947
2 984
6 759
4 190
2 569
5 258
4, 055
1 203
4 349
2 875
1 474
do
do
do
3,076
1,979
1,097
5,097
3,665
1,432
3 020
2 986
34
2 319
1 921
398
8,066
3,637
4,429
8 273
6 673
1,600
9 827
7 868
1 959
10 552
3 441
7 111
3 701
3 172
529
7 041
5 454
1 587
2 796
2 496
300
6 943
4 894
2 049
4 593
3 554
1 039
4 694
3 677
1,017
7 344
4* 124
3 220
do. _
_ do
do. _
14,315
6,788
7,527
22, 183
12,645
9,538
20, 749
12, 303
8,446
18 388
11 188
7,200
22, 196
11,626
10, 570
26 611 32 311
1 5, 425 20, 161
11, 186 12, 150
37, 836
20,291
17, 545
36, 080
19, 789
16, 291
36 922
20 960
15 962
34 690
19, 930
14, 760
33, 410
21, 084
12, 326
30 631
20 383
10 248
28 618
19 757
8 861
31 598
21 006
10 592
do. _
do
23
174
16
198
43
250
42
220
35
202
24
178
14
317
5
352
5
387
5
382
5
377
6
371
15
356
21
363
30
333
1,552
8.0
1,515
6.8
1, 527
7 7
1,521
7 1
1,519
7 0
1,515
6 8
1,513
6 5
1,507
6.3
1,505
6 3
1,503
6 2
1,502
61
1,501
6 0
1,500
61
1 499
60
RAifLROAD EQUIPMENT
Freight cars (ARCI):
Shipments
Equipment manufacturers, total
Railroad shops, domestic
.
New orders
Equipment manufacturers, total
Railroad shops, domestic. ...
Unfilled orders, end of year or mo.
Equipment manufacturers, total
Railroad shops, domestic
Passenger cars: Shipments
Unfilled orders, end of mo
Freight cars, class 1 (AAR): §
Number owned, end of year or mo
Held for repairs, % of total owned. _
r
thous..
1, 528 '
7 7
Revised.
1 Preliminary estimate of production.
t Monthly revisions for Jan. 1961-Oct. 1962 are available upon request.
9 Total includes backlog for nonrelated products and services and basic research.
®r>ata include military-type planes shipped to foreign governments.
cf Oata cover complete units, chassis, and bodies.
AEffective with the Apr. 1964 SURVEY, shipments have been substituted for production.
Shipments of trailer chassis only and dump trailer chassis, sold separately, are now included
with the complete trailers and chassis (except detachable). Data back to 1958 are available.
OCourtesy of R. L. Polk A Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.
r
r
NOTE FOR MANMADE FIBER FABRICS, P. S-39. {Effective 1st qtr. 1964,
data reflect revised fabric classifications. The difference between total production and the
sum of data for filament, spun, and mixed yarn fabrics shown separately (p. S-39) covers
upholstery, blanketing, silk, paper, and other specialty fabrics. The difference between the
total for 100% filament yarn and the components shown, covers all other filament yarn goods,
including glass fiber and polyester fiber fabrics. Earlier data comparable with the detail
shown are not available. Figures for 1st qtr. 1964 reported under the new classification
system and recoded to the old are summarized for comparison with data shown in the Aug.
1964 and earlier issues of the SURVEY as follows (mil. yd.): Total, 840.5; rayon, 485.2; nylon,
79.1; polyester, 204.0; silk, 4.3.
U.S. G O V E R N M E N T P R I N T I N G O F F I C E : 1964 O —744-465
INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate
Domestic trade
1-7
7, 8
9, 10
10-12
Employment and population
Finance
Foreign trade of the United States
Transportation and communications
12-16
16-21
21-23
23, 24
Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products
25
26
26-30
30, 31
Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
31
3 2-34
35,36
36,37
Rubber and rubber products
Stone, clay, and glass products
Textile products
-Transportation equipment
37
38
38-40
40
INDIVIDUAL SERIES
Advertising
10, 11,16
Aerospace vehicles
40
Agricultural loans
16
Air carrier operations
23
Aircraft and parts
3, 13-15, 40
Alcohol, denatured and ethyl
25
Alcoholic beverages
8, 10, 26
Aluminum
-23, 33
Apparel
1, 3, 4, 7, 8, 10-15, 40
Asphalt and tar products
35, 36
Automobiles, etc___ 1, 3-6, 8, 10, 11, 13-15, 19, 22, 40
Balance of international payments
2
Banking
16, 17
Barley
27
Barrels and drums
33
Battery shipments
34
Beef and veal
28
Beverages
4, 8, 10, 26
Blast furnaces, steel works, etc
13-15
Bonds, outstanding, issued, prices, sales,
yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials. 8,10, 31, 36, 38
Building costs
9, 10
Building permits..
9
Business incorporations (new), failures
7
Business population
2
Business sales and inventories
4, 5
Butter
27
Cans (tinplate)
33
Carloadings
24
Cattle and calves
28
Cement and concrete products
. 8-10, 38
Cereal and bakery products
8
Chain-store sales, firms with 4 or more and 11
or more stores
12
Cheese
27
Chemicals
4-6, 8, 13-15, 19, 22, 25
Cigarettes and cigars
8, 30
Civilian employees, Federal
14
Clay products
8, 38
Coal
4, 8, 13-15, 22, 24, 35
Cocoa
23, 29
Coffee___
23, 29
Coke
24, 35
Communications
2, 13-15,20, 24
Confectionery, sales
29
Construction:
Contracts
9
Costs
9, 10
Employment, hours, earnings, wages
13-16
Highways and roads
9, 10
Housing starts
9
New construction put in place
1, 2, 9
Consumer credit
17, 18
Consumer expenditures
1, 2
Consumer goods output, index
3,4
Consumer price index
7
Copper
23, 33
Corn
27
Cost of living (see Consumer price index)
7
Cotton, raw and manufactures
7, 8, 22, 38, 39
Cottonseed cake and meal and oil
30
Credit, short - and intermediate-term
17, 18
Crops
3, 7, 27, 28, 30, 38
Crude oil and natural gas
4, 13-15, 35
Currency in circulation
19
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
DigitizedDividend
for FRASER
payments, rates, and yields
Drug stores, sales
3, 7, 27
16
18
11, 12, 17
16, 17, 19
16
26
1, 3, 18-21
11, 12
National defense expenditures
1, 18
National income and product
1,2
National parks, visits
24
Newsprint
23, 37
New York Stock Exchange, selected data
20, 21
Nonferrous metals
3, 8, 19, 23, 33, 34
Noninstallment credit
17. 18
Earnings, weekly and hourly
14-16
Eating and drinking places
11, 12
Eggs and poultry
3, 7, 29
Electric power
4, 8, 26
Electrical machinery and equipment
3,
5,6, 13-15, 19,22,34
Employment estimates
12-14
Employment Service activities
16
Expenditures, U.S. Government
18
Explosives
25
Exports (see also individual commodities)
1,
2,21-23
Express operations
23
Oats
27
Oil burners
34
Oils and fats
8, 22, 29, 30
Orders, new and unfilled, manufacturers'
6
Ordnance
13-15
Failures, industrial and commercial
7
Fans and blowers
34
Farm income, marketings, and prices
1, 3, 7
Farm wages
16
Fats and oils
8,22, 29,30
Federal Government
finance
18
Federal Reserve banks, condition of
16
Federal Reserve mi ember banks
17
Fertilizers
8, 25
Fire losses
10
Fish oils and
fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products___ 4-8, 10, 11, 13-15, 19, 22, 23, 27-30
Foreclosures, real estate
,
10
Foreign trade (see also individual commod.) 21-23
Foundry equipment
34
Freight carloadings
24
Freight cars (equipment)
4, 40
Fruits and vegetables
7,8,22
Fuel oil
35, 36
Fuels
4, 8, 35, 36
Furnaces
34
Furniture
3, 4, 8, 11-15, 17
Furi
23
Paint and paint materials
8, 25
Panama Canal traffic
24
Paper and products and pulp
3,
5, 6,8, 13-15, 19,23,36,37
Parity ratio
7
Passports issued
24
Payrolls, indexes
14
Personal consumption expenditures
1, 2
Personal income
2, 3
Petroleum and products
4-6,
8,11, 13-15, 19,22,23,35,36
Pig iron
32
Plant and equipment expenditures
2, 20
Plastics and resin materials
25
Population
12
Pork
28
Postal savings
17
Poultry and eggs
3, 7, 29
Prices (see also individual commodities)
7, 8
Printing and publishing
4, 13-15
Profits, corporate
1, 19
Public utilities
2-4, 7-9, 13-15, 18-21
Pullman Company
24
Pulp and pulpwood
36
Purchasing power of the dollar
8
Gas, output, prices, sales,re venues
4, 8, 26
Gasoline
1, 35, 36
Glass and products
38
Glycerin
25
Gold
19
Grains and products
7, 8, 22, 24, 27, 28
Grocery stores
11, 12
Gross national product
1, 2
Gross private domestic investment
1, 2
Gypsum and products
8, 38
34
Radiators and c onvectors
Radio and television
4, 8, 10, 11, 34
Railroads
2, 13, 14,16, 18,20, 21, 24, 40
Railways (local) and bus lines
13- 15, 23
39
Rayon and acetate
Real estate
10, 17, 18
18
Receipts, U.S. Government
Recreation
7
34
Refrigerators and home freezers
Rent (housing)
7
Retail trade
4, 5, 7, 11-15, 17, 18
Rice
27
Roofing and siding, asphalt
36
4-6,
Rubber and products(incl. plastics)8, 13-15, 23,37
Rye.
27
Hardware stores
11
Heating equipment
8, 34
Hides and skins
8, 30
Highways and roads
9, 10
Hogs
28
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
Hotels
14, 15, 24
Hours of work per week
14
Housefurnishings
1, 4, 7, 8, 10-12
Household appliances and radios
4, 8, 11,34
Housing starts and permits
9
Imports (see also individual commodities), 1, 2,22, 23
Income, personal
2, 3
Income and employment tax receipts
18
Industrial production indexes:
By industry
3, 4
By market grouping
3, 4
Installment credit
12,17, 18
Installment sales, department stores
12
Instruments and related products
3, 13-15
Insulating materials
34
Insurance, life
18, 19
Interest and money rates
17
Inventories, manufacturers' and trade
4-6, 11,12
Inventory-sales ratios
5
Iron and steel._ 3, 5, 6, 8, 10, 13-15, 19, 22, 23, 32, 33
Labor advertising index, disputes, turnover
16
Labor force
12
Lamb and mutton
28
Lard
28
Lead
33
Leather and products
3,8, 13-15,30,31
Life insurance
18, 19
Linseed oil
30
Livestock
3, 7,8,24,28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
10, 16, 17, 20
Lubricants
35, 36
Lumber and products
3, 8, 10-15, 19, 31
Machine tools
34
Machinery
3, 5,6,8, 13-15, 19, 22,34
Mail order houses, sales
11
Manmade fibers and manufactures
8,39
Manufacturers' sales (or shipments), inventories, orders
4-6
Manufacturing employment, production workers, payrolls, hours, earnings
13-15
Manufacturing production indexes
3,4
Margarine
29
Meat animals and meats
3, 7, 8,22, 28
Medical and personal care
7
Metals
3-6, 8, 13-15, 19, 22, 23, 32-34
Milk
27
Mining and minerals
2-4,8, 13-15, 19, 20
Monetary statistics
19
Money supply
19
Mortgage applications, loans, rates.
10, 16, 17
Motor carriers
23, 24
Motor vehicles
1, 3-6, 8, 10, 11, 13-15, 19, 22, 40
Motors and generators
34
2
Saving, personal
Savings deposits
17
19, 20
Securities issued
20,21
Security markets
Services
1, 2, 13-15
28
Sheep and lambs
Shoes and other footwear
8, 11, 12, 31
19
Silver
Soybean cake and meal and oil
30
Spindle activity, cotton
39
Steel ingots and steel manufactures
32,33
32
Steel scrap
20, 21
Stock prices, earnings, sales, etc
Stone, clay, glass products
3-5,8, 13-15, 19,38
34
Stoves and ranges
23,29
Sugar
25
Sulfur
25
Sulfuric acid
Superphosphate
25
29
Tea imports
Telephone, telegraph, cable, and radiotelegraph carriers
13- 15, 24
Television and radio
4, 8, 10, 11, 34
Textiles and products._ 3, 5, 6, 8, 13-15, 19, 22, 38-40
Tin
-_ 23,33
Tires and inner tubes
8, 11, 12, 37
Tobacco and manufactures
4-8, 10, 13-15, 22,30
22,34
Tractors
Trade (retail and wholesale)
4, 5, 11, 12
23
Transit lines, local
Transportation
1, 2, 7, 13-15, 23, 24
Transportation equipment
_ _ _ _ 3-6, 13-15, 19,40
23, 24
Travel
40
Truck trailers
34,40
Trucks (industrial and other)
Unemployment and insurance
12, 16
U.S. Government bonds
16-18, 20
U.S. Government
finance
18
Utilities
2-4, 9, 13-15, 18-21, 26
Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Vessels cleared in foreign trade
Veterans'benefits
Wages and salaries
Washers and driers
Water heaters
Waterway traffic
Wheat and wheat
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc
34
11, 12
30
7, 8, 22
24
16, 18
1, 3, 14-16
34
34
24
28
8
4, 5, 7,13-15
36
7, 8, 23, 39
___-
flour
33, 34
UNITED STATES
GOVERNMENT PRINTING OFFICE
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE,
(GPO)
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C. 2O4O2
OFFICIAL BUSINESS
First-Class Mail
The Office of Business Economics Calls Attention to
U.S. Income and Output
e^T. compilation of income and product data for the
period beginning with 1946, for use in conjunction
with the 1954 National Income supplement. The
text includes an analysis of the postwar American
economy as viewed through the national income
accounts, a discussion of the development of the
accounts over the past quarter century and of the
needed directions of future research, and a review
and evaluation of the statistical basis of the estimates. 241 pp.
-{PRICE, $1.50}-
Orders may be placed with the Superintendent of
Documents, U.S. Government Printing Office, Washington, D.C., 20402, or with any Field Office of the
U.S.
D E P A R T M E N T OF C O M M E R C E
*3OO
@FedFRASER